Full text of Survey of Current Business : September 1932
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SEPTEMBER, 1932 y OF CURRENT BUSINESS UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE WASHINGTON VOLUME 12 NUMBER 9 The Survey of Current Business is designed to present each month the available statistical measurements of economic activity, together with the necessary analytical comment, which will enable readers to obtain a comprehensive picture of the business situation. Certain of the more important series are presented in graphic form so that the trend of the major indicators can be readily determined. In order to get the monthly statistics to subscribers more quickly, and to bring the material up to date with current weekly statistics, a 4-page supplement is furnished each week as part of the threefold service of the Survey. Over 2,100 series of data, gathered from more than 200 organizations, are presented regularly each month. Most of the statistics are not compiled by the Survey, but represent a careful selection of material available from all sources. The chief function of this publication is to bring together in usable form the statistics which, if published at all, are scattered in hundreds of different publications and reports, and to aid in the proper analysis and interpretation of the figures. The Survey of Current Business compiles the indexes of domestic and world stocks, new and unfilled orders, agricultural, livestock and forest products marketings, foreign trade, five and ten cent store sales, and department store sales by districts. SOURCES OF DATA the early issues of the Survey and, in the Record Book of Business Statistics, data on textiles, metals and machinery, fuels, automobiles, and rubber are carried back to 1909 on a monthly basis, where available. These record books should not be used for data later than 1922, and the monthly data should be checked against the annual averages given in the 1932 Annual Supplement to assure the continuity of the series and to obtain any necessary corrections. The three parts of the Record Book may be obtained from the Superintendent of Documents, Government Printing Office, Washington, D. C., for 10 cents each, or 30 cents for the set. INDEX To facilitate comparisons of the movement of important series over a period of time, index numbers have been used in numerous instances throughout the Survey. In brief, these index numbers simply express the current movement with relation to a fixed base— usually the monthly average of the years 1923-1925. The construction of these index numbers is described in brief in the annual supplement. SEASONAL ADJUSTMENT OF INDEXES The sources and inclusiveness of the data in the table " Monthly Business Statistics " will be found in the explanatory footnotes covering each series in the 1932 Annual Supplement to the Survey. The data given in these footnotes should always be kept in mind when utilizing the statistics carried in each monthly number. Sources of the weekly statistics are given on page 20 of the July, 1932, issue of the Survey, and in somewhat more detail on page 4 of the August 4, 1932, issue of the Weekly Supplement to the Survey. Seasonal variations are found in most economic series for which monthly statistics are obtainable. Consumption and production of commodities, foreign trade, retail trade, employment, construction, railroad freight traffic, and many other types of data are marked by seasonal swings repeated with minor variations year after year. These are definitely periodic in character within a 12-month period. In cases where an adjustment is noted for a series carried in the Survey, the index has been corrected for the number of working or business days in the various months, and then adjusted for seasonal variation. The index figures thereby become comparable throughout the series. HISTORICAL DATA METHODS OF USE In the 1932 Annual Supplement to the Survey of Current Business, the statistical series presented currently are carried back on a monthly basis to 1923, and on a yearly basis to 1913, where available. The statistics therein have been carefully reviewed and revised and supersede those carried in the 1931 Annual Supplement as well as those in the semiannual numbers issued prior to 1931. Monthly data prior to 1923 will be found in Methods of using and interpreting current business statistics have been collected by the Department of Commerce from many business concerns and are described in a booklet entitled "How to Use Current Business Statistics," together with methods of collecting statistics. This booklet may be obtained from the Superintendent of Documents, Government Printing Office, Washington, D. C., for 15 cents per copy. V o l u m e 12 SEPTEMBER, 1932 Number 9 W E E K L Y DATA THROUGH A U G U S T 27, 1932 M O N T H L Y DATA T H R O U G H J U L Y SURVEY OF CURRENT BUSINESS PUBLISHED BY U N I T E D STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE WASHINGTON CONTENTS SUMMARIES AND CHARTS Page 2 3 4 5 6 7 Business indicators Business situation summarized.... Comparison of principal data, 1928 to 1932 Commodity prices Domestic trade Employment Finance: Credit and banking Security and money markets Foreign trade »., Real estate and construction Transportation 8 9 10 11 12 Survey of individual industries: Automobiles and rubber Chemicals Farm and food products Forest products Iron and steel Textiles Miscellaneous industries. 13 14 15 16 17 18 19 , STATISTICAL DATA Movement of prices with relation to world stocks of raw materials and foodstuffs 20 Weekly business statistics 21 STATISTICAL DATA—Continued Monthly business statistics: Page Business indexes 22 Commodity prices 23 Construction and real estate 24 Domestic trade 25 Employment conditions and wages 27 Finance 30 Foreign trade 34 Transportation and communications 34 Statistics on individual industries: Chemicals and allied products 36 Electric power and gas 38 Foodstuffs and tobacco 39 Fuels and by-products 42 Leather and products 43 Lumber and manufactures 44 Metals and manufactures: Iron and steel 45 Machinery and apparatus 48 Nonferrous metals and products 48 Paper and printing 50 Rubber and products 51 Stone, clay, and glass products 52 Textile products 52 Transportation equipment 54 Canadian statistics 55 Index Inside back cover Subscription price of the SURVEY OF CURRENT BUSINESS is 31.50 a year which includes the 12 monthly numbers, the annual supplement and the 52 weekly supplements. Foreign subscriptions without weekly supplements, 32.50. Make remittances only to Superintendent of Documents, Washington, D. C., by postal money order, express order, or New York draft. Currency at sender's risk. Postage stamps or foreign money not accepted -32 1 SURVEY OF CURRENT BUSINESS September, 1932 Business Indicators 1923-1925 = 100 INDUSTRIAL PRODUCTION I 60 i 160 _/ TOTAL (ADJUSTED) ° i loot INDUSTRIAL PRODUCTION S MANUFACTURES (ADJUSTED) ( ^MINERALS (ADJUSTED) 40 » I I N 1 1 M i 1 1 1 1 1 1 I I I i ! I 1 1 1 I 1 1 1 ! I I 1 1 I I I I JJI 1 1 M 1 1 I I I I FACTORY EMPLOYMENT I60r 160 FACTORY PAYROLLS fUNA DJOSTED *£Zi£X^ *\ 40LLLLLL 40 TOTAL FREIGHT CAR LOADINGS !60 DEPARTMENT STORE SALES 200 VALUE OF EXPORTS 2OO 100 .'•v 160 160 200 FREIGHT CAR LOADINGS L.C.L. WHOLESALE PRICES VALUE OF IMPORTS ^ /^AT ^^^ o BANK DEBITS OUTSIDE NEW YORK CITY 200 200 BUILDING CONTRACTS AWARDED UNADJUSTED 100 0 M! ! M M I M JJJliL 1928 1929 !930 193! ADJUSTED FOR SEASONAL VARIATION 1932 19Z9 1930 s !93i SUKVEY OF CURRENT BUSINESS September, 1932 Business Situation Summarized railroads declined more than usual in July, and showed practically no improvement during the first half of August. The adjusted index of merchandise 1. c. 1. loadings declined by 2.8 per cent. Department store sales declined by 6 per cent, after allowance for seasonal variation, and sales through the leading chain stores recorded the largest percentage drop in comparison with a year ago of any month this year. Foreign trade was sharply reduced during July. Building contracts awarded during July were higher than in the preceding month, although the adj usted index, based on a 3-month moving average, declined as awards in the first half of August dropped well below the corresponding total for July. The employment figures for July reveal a further important decline in the number employed in industry, accompanied by a relatively large decline in earnings. Factory employment was off 3.2 per cent and factory pay rolls by 7 per cent, thus indicating a further substantial shrinkage in purchasing power. Wholesale commodity prices averaged higher during July than in June, the first monthly increase since August, 1931, and the gains made have been the widest since the decline started in 1929. A number of commodities, including important farm products, have advanced markedly in price The July increases have been maintained and, in some cases, extended, during the first three weeks of August. HILE security markets have moved forward W confidently since the middle of July, accompanied by an upward trend in commodity prices, the course of business activity has continued downward in July and the first half of August. Stock prices have regained the ground lost since last March, and representative bond price indexes have advanced to new highs for the year. Banking conditions also reveal some improvement and the better sentiment engendered in July has been maintained up to the present. Industrial production during July declined by approximately the usual seasonal amount, although the drop in manufacturing industries was in excess of that normally experienced at this season of the year. Increased production in the textile and coal industries, together with the maintenance of the previous level of activity in the food products and petroleum industries, held the decline in the combined index of industrial production to about the usual seasonal amount. For manufacturing industries alone, the adjusted index declined one point to 58 per cent of the 1923-1925 average. A sharp decline in the output of the automobile industry was a major factor in the decline, but production of the cement, lumber, iron and steel, leather and products, rubber and products, and tobacco manufacturing industries were lower and, with the exception of the iron and steel industry, by more than the usual seasonal amount. Available indexes of trade reveal a greater than seasonal slackening. Merchandise distribution by the Adjusted » iS 1 ia Tear and month « 1 ! 3 «s 1 o rt S >> 0 •a IS » •3 £ 1 *l !! 1* S3 fl OS a* a s •< O Merchandise, 1. c. 1. Total I Si TS ft) t» 3 J9 a P t3 9} aa 9 i 1 •^ 1 • 3 I 5 i i-8 1 t 1 wH | in 3 | P P Monthly average 1926-100 Monthly average 1923-1925=100 1930: July 1931: July August September October _. November December 1932: January February March April May June July Monthly average, Januarv through July: 1030 19319 IT.i Wholesale price index, 784 commodities Unadjusted 1 Foreign Departmentstore sales, trade, value, adjusted 2 value Freight-car loadings Building contracts, all types, value, adj usted l Factory employment and payrolls Industrial production Bank debits outside New York City MONTHLY BUSINESS INDEXES 91 89 100 93 92 100 8G. 6 82.6 95 92 94 95 71 ICO 80 74 117.5 95 84.4 80 78 77 75 72 68 79 77 76 72 70 66 85 82 82 78 86 79 77 90 83 79 82 78 76 73 73 74 75.1 74.1 72.8 70.3 69.3 69.4 64.4 64.3 61.8 59.4 56.2 55.8 76 78 78 70 61 76 72 ! 69 69 68 69 87 86 88 87 85 77 88 86 85 83 83 83 65 67 87 93 95 142 91 88 84 86 83 81 54 47 45 44 44 46 59 54 56 51 46 48 93.5 83.8 84.3 91.9 74.0 86.7 61 59 59 55 49 38 72.0 72.1 71.2 70.3 70.2 68.6 71 71 68 64 61 fiO 5S 70 70 66 63 61 59 57 74 75 77 72 65 61 63 72 70 67 ! 64 i 60 59 59 68.1 67.8 66.4 64.3 62.2 60.0 58.3 52.4 53.6 52.3 48.7 46.2 42.6 39.6 58 59 58 57 53 52 51 65 62 61 75 75 75 75 74 71 68 81 i 78 75 : 73 71 71 69 64 64 70 76 73 67 47 78 78 72 80 73 71 67 39 45 41 38 37 34 33 42 41 37 36 34 36 27 80.6 65.2 69.6 72.8 63.4 65. 4 63.7 31 27 26 27 26 27 26 67.3 66.3 66.0 65.5 64.4 63. 9 64.5 103 100 01 8 w c, ' </> 93 70 77 :i (.3 (} 70 i") 47 9 i 7r. 55 85 56 30 122.2 97. 4 88. 7 100 70 27 89.2 74.7 (Ji.O 103 80 1 1 n 1 1 ! ! I ?!71 1! 73 84 71 68 64 61 59 59 58 84 79 67 63 65 11 Adjusted for number of working days. S 54 52 51 98 ss 73 2 93 80 Adjusted for seasonal variation. no 38 SURVEY OF CURRENT BUSINESS September, 1932 Comparison of Principal Data, 1928 to 1932 FIRST 7 MOUTHS V/////////A BANK DEBITS OUTSIDE NEW YORK CITY - REMAINDER OF YEAR (BILLIONS OF DOLLARS) CONSTRUCTION CONTRACTS AWARDED ~ (BILLIONS OF DOLLARS) STEEL INGOT PRODUCTION -(MILLIONS OF JONS) AUTOMOBILE PRODUCTION -(THOUSANDS OF CARS) 1000 J932| 1931 19301 1929 1928 2000 3000 4000 ^///^ FREIGHT CAR LOADINGS - (MILLIONS OF CARS) 5000 SURVEY OF CURRENT BUSINESS September, 1932 Commodity Prices rises in meat and grain prices, which featured SHARP price changes in June, spread to a larger number of commodities in July and the first half of August, and as a result prices in wholesale, farm, and in food retail markets moved to higher levels. Commodities not sharing in the advance displayed a firmer tendency with fewer quotations declining than in recent months. A generally more optimistic feeling regarding prices continues to prevail. The July wholesale commodity price average showed the largest monthly advance since July, 1929, and the first monthly average rise of any sort since last August. The rise in farm prices from June 15 to the middle of July was the largest during any similar period since the war, and the July increases in retail prices of foods were the first since August, 1931, and the largest since September, 1930. Compared with prewar levels, wholesale prices in July were 8 per cent lower, farm prices 43 per cent lower, and retail food prices 1 per cent higher. Wholesale commodity prices averaged 1 per cent higher in July than in June. Of the 784 commodities on which quotations are tabulated, 146 rose, 227 declined, and 411 did not change. By subgroups, livestock prices lead the advance, averaging 16 per cent higher. Meat prices rose 11 per cent. Prices of crude rubber advanced 5 per cent, petroleum products and hides and skins 3 per cent, and those of leather 2 per cent. Automobile tire and tube prices averaged 1.3 per cent higher in July than in June, and fractional advances were shown in plumbing and heating equipment, miscellaneous building materials, chemicals and cattle feed. Prices of textiles, coal and coke, iron and steel, nonferrous metals, brick and paint materials, drugs and pharmaceuticals, mixed fertilizers, and house furnishing goods averaged lower. By economic classes prices of raw materials and finished products rose 2.8 per cent, and 0.7 per cent, respectively, and those of semimanufactured articles declined 3.6 per cent. Food retail prices on July 15 were about 1 per cent higher than on the corresponding date in June. The number of advances as compared with the preceding month increased from 3 in June to 14 in July, and the number of declines were fewer. Pork chop prices increased 29 per cent, fresh eggs 10 per cent, and meats, other than pork chops, 2 to 9 per cent. Prices of agricultural products at the farm rose 9.6 per cent from June 15 to July 15. Meat animals prices advanced 26 per cent; cotton and cottonseed, 11 per cent: and poultry products, 10 per cent. The only group declines occurred in prices of grains and unclassified items, amounting to 4.5 and 5 per cent, respectively. Farm prices are still very low, however, and in the middle of July averaged 43 per cent lower than the 1910-1914 average. INDEXES OF COMMODITY PRICES Wholesale i g S Groups Economic classes H" a« s| H-3 I I& 1 Year and month ,og -a 1 1 Sl 9 V "1 i IS I w a S A* t> '• S oe •g £ ! S CO f •o • •o fi SB S I! be fl & ' bo a A •3 a 3 M ; 5? S .5? •o ee "S 3 Eu 0) S !5 03 eg •e -^ 1 .NS ! S 1 l "Ss. s8 r4§ •«» s e « S s 03 ft 0) v i a 1931 1932 1 Department of Labor. 5 O : rt o> 5 «° 1!1 1; il "1 § I £ & a — « Mo. Mo. Mo. average average average 1009 1923 = 1914-to 1913100 100 100 Monthly average 1926=100 1930: July 1931: July August September _ _ _ _ _ _ .. October November December 1932: January February March April . May June July Monthly average, January through July: 1930 wo ! 86.6 Si. 1 79.8 ! 83.1 86.8 84.5 8S. 5 78.0 100.8 93.1 90.8 79.7 76.6 95.2 111 144 76.1 72.1 ! 76.4 71.2 75.9 70 3 : 75 1 70. 2 i 74.8 68.6 j 73.3 64.3 64.1 62.7 61 5 62.0 60.2 69.3 68.3 66.7 65 2 64.9 63.7 64 9 63.5 60.5 58 8 58.7 55.7 74.0 74.6 73.7 73 3 71.0 69. 1 73 9 74 2 73.9 72 9 73.5 72.3 78 1 i 78 9 77 6 76 9 77.0 76.3 76 1 75 6 76.2 76.1 75.7 76. 1 62 9 66 5 67.4 67 8 69.4 68.3 89 4 88 7 85 0 82 5 81.6 79.8 85 7 84 9 82.7 81 0 80.9 78.5 84 3 83 9 83.9 82 8 82.6 82.2 66 5 65 5 64 5 63 0 62.2 69 7 68 3 68.2 66 6 68.7 66 8 8ft Q RR 9 85.6 84 9 83.9 83.1 79 75 72 68 71 66 119 120 119 119 117 114 i 72.1 i 71.4 1 71 5 71.1 70 3 1 70 0 i 70 5 58.3 56.9 56 1 55.5 53 9 53 2 54 1 63.1 61.9 60 8 59.6 58 1 57 6 55 5 52.8 50.6 50 2 49.2 46 6 45 7 47 9 64.7 62.5 62 3 61 0 59 3 58 8 60 9 71.7 71.3 70 9 70 9 70 4 70 1 69 7 74.8 73.4 73 2 72 5 71 5 70 8 69 7 67.9 68.3 67 9 70 2 70 7 71 6 72 3 79.3 78.3 77 3 75 0 72 5 70 8 68 6 77.7 77.5 77 1 76 3 74 8 74 7 74 0 81.8 80.9 80 8 80 3 80 1 79 9 79 2 59.9 59.8 58 7 57 0 55 6 53 9 52 7 65.6 64.7 64 7 64 7 64 4 64 2 64 3 81.4 80.1 79 6 78.8 77 9 77 2 77 0 63 60 61 59 56 52 57 109 105 105 104 101 100 101 89.2 ! 90.0 74 7 78 4 65,4 j 71.0 88.4 68 1 55.5 85.5 ! 93.5 71 4 68 8 59.5 49.0 93.2 76 2 61.4 87 4 76 2 70.7 92 4 ; 90 8 81 1 83 0 72.3 74.4 79 8 103 0 67 2 87 9 69.8 74.5 93 5 87 3 76.0 94 6 85 6 89.4 83 9 68 7 56.8 80 0 71 0 64.7 97 5 88 1 78.9 125 87 58 150 124 104 84.4 i i 72 0 ! 67.3 66.3 66 0 1 65. 5 f>4 4 63 9 64 5 1 88.3 ! 75.7 75.5 75 3 74 4 73 6 73 1 73 0 National Industrial Conference Board. 8 60 8 | —" Department of Agriculture. (.1 6 SURVEY OF CURRENT BUSINESS September, 1932 Domestic Trade and wholesale trade recorded some modRETAIL erate gains in individual lines during July, but by 5-and-10-cent stores was in a smaller aggregate volume in July than during any month of the current year except January. However, the January movement is normally below July and when adjusted for seasonal factors, the index of sales for the latter month declined to a new low level. Distribution of package freight, as indicated by l.c.l. freight-car loadings, continued its downward trend in July after a brief period of steadiness. The seasonally adjusted index remained during June at the May level but a loss of 2.8 per cent in July brought the figure for that month 15 per cent below the same month last year. Commercial failures continued the downward movement of the preceding months, and the July total was the lowest recorded for any month since November, 1931. This betterment was not carried over into the early part of August and the number of failures experienced in the first three week of that month was somewhat in excess of those recorded for the same period in July. The liabilities involved in July insolvencies were proportionately greater than those of the two preceding months and the total for the first seven months of the year exceeds the same period last year by 45 per cent. The monthly average of firms going into bankruptcy from January through July also was higher than the same months in 1931 by a margin of 17 per cent. aggregate trade showed a decline in excess of normal for this season. Some smaller retail establishments reported a satisfactory volume of goods sold and wholesalers and jobbers have been kept active by constant re-orders resulting from the low retail stocks carried by many concerns. During the third week of August the improvement in business sentiment found some reflection in trade channels and the larger retail establishments reported a broader bu}7ing movement with a good early demand for moderate-priced fall merchandise, according to the mercantile reviews. Due partially to higher commodity price levels, sales in rural districts are reported to be in comparatively better volume than in the cities. Department store sales in July receded to the lowest point reported in several years. The decline, which was greatly in excess of the usual seasonal contraction, caused the adjusted index to fall 6 per cent below the level of June. Compared with July, 1931, the adjusted sales figures show a loss of 26 per cent. Sales through the principal chain stores for the month show the largest relative decline in comparison with a year ago of any month of the depression. Sales of the leading mail-order houses decreased 20 per cent below June, a decline considerably in excess of that normally experienced at this period of the year. Merchandising DOMESTIC TRADE STATISTICS i Departmentstore sales Year and month nth 1 Unad- \dj u y tl - j u » i ed i ed * ; Freight-car Flve-and-tenOepartment- ioactings, ceiit-store store stocks - c^andise, rnersales 1. c. i. l T nad- \dju>t- justed «-d J Madorder «,des, 2 Unad- Adjust- justed ! ed ' I'nad-- AdJust- : iissted ; ed * -| Commercial I Advertising failures linage Business in corporations, Fall- Liahil- Ma,^a- Ncws- Estates /.Ine paper uies sties Postil lecespts, cities Number Monthly average, 1923-1925=100 1930: July 1931: July August September October November December 1932: January . February March . . April. .__ ... .__ May . June July . Monthly average, January through July: 1930.... . 1031 1932 1 -j_ ln(i ^7 "4 '»» <<~ l 'i 1-5-5! Co 67 91 8S .S4 8t 83 81 7" 7*" s£ S1£' » 7-J 81 7'j Si M 7 , 78 7 8< ^s 87 S" 77 8s ^0 si S3 14 14, H' If 1^8 K'Ci 13 '~ s "s ! "2 SO 3 1 67 |, C7 f) ) 7° 72 70 *f 60 75 i 73 ! 70 70 fs ' 7> 7: 7" 7> 74 S- 11" "8 I "" , 12i HS H 93 ; : 86 68 — — -;|11 94 82 68 S7 c >3 )," 142 64 G4 70 7r 7' 1,7 47 Corrected to average daily sales. ^r H-4 -, iu 1JJ : loi". l.V> ! ° 7 ,\ ° f •> ' ^ -* 4 O'9 ^3 O'i-i 24 "h °j> ^ 9 4 ^ 1 c S3 1 M 1, U> 2 Zr^ f J 0 js 3 (2" 47, 2"b <•* ( ' J 2 1 ) ) r , 1 i ) s »s )v w 1 loo ! 156 ; 140 i 141 ! 13S j 138 ! 3i 32 3o 3) 3S i< 71 64 '! Gi 69 ' IIS 136 ' '! OS 88 73 1' 1' 142 143 i ii || ( '7j si ° >(* ~T 71S ss', 3e,0 % j ^ o" ' 2; r is 2 3i » c{l ( (C ' >'* 2- 147 144 OS ,! 1 i <• 7 ' i " , , 2j, 3 12 24 (J i 2 f /7 24 : "2 22 ( 21 22 ( O j || 2 i; 127 Adjusted for seasonal variation. -i ")pn , 4 spi * 3"«, 5ui 30 ^ 0 ' 27 t "7 73 -i 3 3 i S s SK. 2,7>2 V1,QOJ 2 ) i °,7«)0 2 ifi l l j . O ^ 2 7^s 83 7^4 2 ,ss 7<» (i 1 2,593 i 87,190 i ! i )0 ni 0 ^ 7^ j 2 257 2 441 2,M)1 i f, i 7:> : ° s'Oil l,h!7 1, 1 J ti/3 J , ^1 1 1,8-2 1, b26 G7 C7 77 88 82 77 ^! !• i !i i 2,867 2,704 2,453 2,846 2,774 3,012 1,1V* 1 4'> 1 , G"7 1,~77 1 77»> 1, )2 1,101 BS : C<4 . i 72 71 09 : fio ' 50 ] 3.311 2,930 3,202 3,072 2,863 3.107 2,534 2, "'S 2 0)0 1,4«5 90 'i! 81 1 66 ! 3,144 3,121 3,003 : i 53 84") i/i M2 89,211 i End of month figures. SUKVEY OF CURKENT BUSINESS September, 1932 Employment OTATISTICS of employment in July indicate a con^ tinuation of recent trends with a further reduction in the number employed and a sharper decline in pay rolls. Some seasonal improvement occurred in the canning and preserving, petroleum, building construction, and hotel industries, and scattered gains were reported from various other industries, but the aggregate of gains and losses reveal a decrease for the month of 3 per cent in employment and of 6.1 per cent in pay rolls in the 16 major industrial groups covered by the Bureau of Labor Statistics figures. The continued decline in manufacturing activity is reflected in the statistics on factoiy employment and pay rolls. During July, factory employment declined 3.2 per cent, whereas there is usually but slight change during the month. Decreased employment was reported in all groups, excepting the leather industry, which showed a greater number of employees at work in the middle of July than a month earlier. This increase occurred in the boot and shoe branch of the industry, although the production of boots and shoes was well under the June total. After allowance for seasonal influences, employment in all groups was lower than in June. A number of individual industries reported higher employment levels, but in general, these were of a seasonal nature and were not sufficiently large to offset declines in other allied lines classed in the same group. The flour milling, sugar refining, silk goods, woolen and worsted goods, men's clothing, naval stores, and cottonseed-oil industries were among those reporting increased employment. Pay rolls in manufacturing industries declined 7 per cent in July, and dropped below 40 per cent of the 1923-1925 average. Excepting the temporary gain of February pay rolls have been declining continuously since the spring of 1931. Aside from the leather industry, no group reported higher pay rolls in July than in June and losses ranged from 17 per cent in the rubber products industry and 15 in the iron and steel industry, to 1.5 in the tobacco manufacturing industry. Among the nonmaiiufacturing industries decreases in both employment and pay rolls were general, although the four groups mentioned above reported increased employment, and for the construction and canning and preserving industries the increases were accompanied by higher earnings. Despite the gains in the production of anthracite and bituminous coal, both employment and pay rolls in these industries were sharply lower. In the anthracite industry, employment decreased 16 per cent and pay rolls 8 per cent, while in the bituminous coal industry the declines were 3 per cent and 11 per cent, respectively. Employment and pay rolls in retail trade declined substantially, a result of the greater than seasonal decline in trade during the month. Decreases in employment of 1 per cent or less were reported for the wholesale trade, telephone and telegraph, laundry, quarrying, and nonmetallic mining groups. STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES Year and month Factory em»«I (ItJXlt; Hill U121K11UUR neiit IF.R.B.! .tfLJLlt mining coal milling ,. B. factory! ! pay i rolls, \ II unadEmEmPay AdPay i ploy- rolls ployI justed justed* justed ment ment rolls .tiilv average, ^3-1925 = 100 1930: July i 1931:I July... ' August __J I' September '• October.. I November i December i 1932: January February March April May _ June _ _ July Monthly average, January through Julv: 1930 1931 1932 ij 85. 5 I I 73.8 j 74.2 i 74.7 j 71.4 68.7 | 67.9 ! S'M, ' ^2 6 75.1 I I 74. 1 72.8 70.3 69. 3 69.4 64.4 64.3 61.8 59.4 56.2 55.8 I i i i ; ! 66 3 67. 3 66. 3 64.0 61 3 59. 1 57 2 68 68.1 1 67.8 66.4 60. 4 64.33 64 62 1 60 0 58 3 52.44 52 53.6 52.3 48. 7 48.7 46 2 42.6 39 6 ! 1 91 1 76 5 83 1 1 Adjusted for seasonal variation. 93 6 70 6 47 9 1 i tJ»TCl j 5»mil-j (1 and water 1 l a n d telegraph i II 1 !! j| ! Em- II ii! P10cut ^; JL C*tT J»»« «JUV; Em- Fay ployment rolls 1 Retail trade j Employ-! Employ-l Wages, | ment ( meni, j com'agencies,! trade111011 ! appii- | union labor in i cants per! memroad EmPay Pay 100 joibs bers buildpi oy- rolls roils j ment ing ! i Per cent Mo i thly average, 1929 = 100 1 y.o sj.e 88.0 C8. 0 105. 9 106. 7 S9. 0 91. 7 65. 1 1 67.3 80.0 | 86.8 83.5 79.8 53.7 : 56.4 j! 64.9 |i 91.1 79.5 78. 4 50.4 76.4 77.0 50.6 80.4 ; 53.6 81.3 56.2 81.1 54. 6 81. 2 52. 3 96.7 95. 9 94. 7 92.7 91.3 90.3 97.4 96.2 94.3 93.2 93 3 91.2 86.6 85.9 85.0 84.1 83.5 83.1 93.3 92. 3 92.1 i 91.6 l | 89.7 ! 92. 7 83.9 81. 8 86.6 89.8 90.9 106. 2 83.3 80. 3 83. 5 84.6 85.4 94.1 209 217 196 221 214 191 76.2 71.2 73.7 70. 1 66 9 53. 0 44 5 Cl. 5 57.3 61.2 72. 0 58 0 37.4 34 5 80.8 80. 8 77.4 75.2 65. 5 65.5 62 6 60 5 £8 6 47. 47.00 47.0 46.8 33.9 30 7 27.3 34 i 89.3 87.2 85. 5 84.8 84.0 83.2 8? 3 88.4 83.0 86.0 82.0 85.4 ! 81.7 81.7 82.4 I 81.2 84.2 80.6 79. 9 80.5 ! 78 7 79 1 89. 1 89.1 89. 89.66 88.2 83.4 82.8 82.1 ! 79.6 84. 81.33 80.5 81.4 81.6 80.9 79.4 74.6 78. 78.00 73.7 73.4 |i 72. 7 71. 1 68.2 63.3 93 1 81 3 65 1 94 0 76 3 54 6 95 0 85 3 68 7 84 8 60 4 36 7 101.8 97 5 85 2 94.9 88 3 80 4 96. 4 87.3 71.5 103.4 99 0 83 7 100. 0 ! ij !! II i 99 9 88 2 81 1 106.6 104.2 95 2 85 0 74 74 73 70 36 36 34 35 34 33 207 188 197 197 197 201 69 69 70 69 69 68 08 32 33 34 33 32 33 33 185 197 79 74 69 40 36 33 | i ! ! 8 SURVEY OF CURRENT BUSINESS September, 1932 Finance—Credit and Banking developments in the banking OUTSTANDING situation during recent weeks include the amendment to the Federal home loan bank law extending the circulation privilege to additional issues of Government bonds, as mentioned on page 9. and the enactment of the emergency relief and construction act of 1932. In addition to providing new funds to the Reconstruction Finance Corporation for advances on construction and other purposes, the latter provides for direct loans by the Federal Reserve banks to individuals, partnerships, and corporations. Such loans are to be made only in "unusual and exigent circumstances . . . . provided the individual, partnership, or corporation is unable to secure adequate credit accommodations from other banking institutions. 77 This introduces a new element into our central banking practice since heretofore the discount facilities of the reserve banks have been available only to member banks and Federal intermediate credit banks. Safeguards provided by the law and the regulations issued by the Federal Reserve Board are expected to protect the liquidity of the reserve banks in carrying out its provisions. Statistics of the reporting member banks reveal a continued shrinkage in outstanding bank credit. Since June 29, the loan account of the reporting member banks has declined by a further $354,000,000, of which $192,000,000 represented the decline in "all other 7 7 loans. During the same period the investments of the reporting member banks increased $180,000,000 as a result of purchases of Government securities. The portfolio of other securities was reduced by $65,000,000, the banks not having added to their security holdings, aside from "governments," during the current rise in the bond market. Similarly, their loans against securities have declined at the same time brokers 7 loans have remained stationary. Thus, security market purchases on the recent rise apparently were not made by the extensive use of bank credit. Federal reserve credit outstanding continued to expand during July, but during the current month has shown a tendency to contract, mainly as a result of an increase in gold holdings and a decrease of money in circulation. After the middle of July, reserve purchases of Government securities were reduced to a rate of about $5,000.000 a week. Improvement in the banking situation since June is reflected in the decline in the number of bank suspensions with a larger drop in the deposit liabilities involved and a decline in the amount of hoarded currency. Bank deposits made available through the reopening of banks in July were larger than the amount tied up in suspensions. Money in circulation has recently shown a tendency to decrease, whereas normally there is a seasonal increase at this period of the year. The rise in bond prices has also strengthened the banks, through the resultant increased value of their security holdings. Bank debits, outside New York City, have continued to decline, the July total being 32 per cent below a year ago in comparison with an average decline for the elapsed seven months of the year of 30 per cent. CREDIT AND BANKING STATISTICS Bank debits Tear and month New York City Outside New York City Reporting member banks, Wednesday closest to end of month Loans on securities All other loans Net gold Total bankimDePostal ers' ac- ports savings, inMoney posits, ; ceptNew balin ances cluding York ance to Memcircu- State Olltgold credit lation savings of dereBills J^Lt United j ber standleased <Hs?° ff£ States Total 1 bank ! ing banks positors end of from ^ed*" W* s™ deposits reserve month acearcount mark COEidition of Federal reserve banks, en d of month Total reserve bank credit outstanding Investments Thousands of dollars Millions of dollars I 1930: July 1931: July August September . October November. December.. 1932: January February . . March April May.. June July 29, 600 23, 145 8,391 8, 554 6,291 934 200 130 577 2, 447 2. 896 ' 1,350 21, 007 17, 501 20,073 20, 678 14, 464 19,233 18, 444 16, 526 16, 627 18, 125 14, 605 17, 112 6,544 6,519 6,346 5,897 5,807 5,777 7,942 7, 879 7, 845 7,624 7,543 7,327 7,810 7,665 7,916 7,700 7,506 7,428 976 1,255 1,578 2,184 1,931 1,853 195 255 328 728 718 638 73 215 469 681 452 339 678 728 742 727 717 817 2,527 2,632 1 2,506 2,380 ! 2,252 1 2, 125 2, 367 2,373 2, 364 2, 167 2, 051 1,961 17, 676 14, 381 16, 160 15, 558 12, 913 14, 202 12, 728 15, 893 12,870 13, 729 14, 366 12, 498 12, 908 12, 572 5, 574 5,440 5,328 5,099 4,907 4, 745 4,631 7,256 7,148 6,883 6,783 6,724 6,518 6, 365 7,149 6,935 7,143 7, 151 7,385 7, 491 7,700 1,856 ! 1,709 1,597 1,850 2,096 1 2, 310 2,439 899 828 639 556 490 440 538 153 109 68 48 36 67 43 746 740 872 1,228 1,549 1, 784 1,841 2,093 1,937 2,012 2,225 2,240 2,028 2,158 1,947 1,849 1,924 2,124 2,113 1,982 2,052 , I 1 I ! -22.6 4,483 4, 572 180,711 1, 228 i 1,090 ' 996 I 1,040 ! 1, 002 j 974 -10.2 41.5 -258. 5 -445.3 117.7 34.0 4,836 4,947 5,133 5,478 5, 518 5,611 5,149 5,173 5,231 5,217 5,213 5,255 372, 457 422, 699 468, 908 536, 660 564, 809 605, 112 :i -49.6 -64.2 33.6 -26.2 -217. 6 -236. 5 48.1 5,645 5, 627 5,531 5,452 5,456 5, 530 5, 751 5,240 5,242 5,293 5, 262 5,243 5,282 5, 253 665, 587 691,794 697, 280 713, 867 433, 520 776, 337 82G, 027 919961 ! 911 ! 879 787 747 705 ! SURVEY OF CURRENT BUSINESS September, 1932 Finance—Security and Money Markets CVECURITY markets since mid-July have been ^ featured by the sharpest recovery in prices experienced during the present bear market. Aided by an improved technical position^ the stock market has moved rapidly upward cancelling all the losses since March, while a number of individual issues have moved to new high levels for the year. Based on the average prices of 421 stocks, the stock market has advanced over 60 per cent and selected averages show a much wider gain. According to the New York Stock Exchange compilation, listed stocks on the exchange were enhanced nearly $5,000,000,000 in quoted value during July, and the increase during the current month to date has been even greater. The rise has been aided by the strength in commodity prices. So far changes in general business activity have not afforded much support to the rapid upward movement of security prices. Of greater fundamental significance, perhaps, has been the rapid appreciation witnessed in the bond market. The rise in bond prices is apparently the result of the reversal of the international movement of funds, a general regaining of confidence in domestic securities on the part of both American and foreign investors, and the operations of the bond pool. The rise in stock prices has probably been a contributing factor. Bonds quotations dropped to new lows at the end of May and, following a sharp -rebound, leveled out until mid-July, since which time they have moved steadily upward. The improvement in the bond market has exercised a beneficial influence on the entire financial situation and, if extended, should gradually strengthen confidence in the financial outlook. The changing trend in the security markets has permitted the flotation of a few security issues, with the result that new capital issues were the largest since March. However, the flotations have been of high-grade issues and the new capital market has not been tested despite the large volume of issues awaiting a favorable market for flotation. Dividend and interest disbursement were higher during July than in June owing to heavy interest payments. The trend of dividend payments was again lower. Money market conditions reflected the easing in the financial situation. The outward movement of gold was halted at the end of June and since that time there has been a return flow to this country, recently of substantial proportions. During July, the enactment into law of the GlassBorah amendment to the Federal Home Loan Bank Act, authorizing the use for a period of three years, as security for national bank notes, all United States bonds bearing interest at a rate of 3% per cent or less, introduced a new element into the money market. While it has been pointed out that this change in the law does not affect in any way the demand for currency and hence is not expected to affect the total supply, the natural result will be a substitution of bondsecured currency for Federal reserve notes which must be backed by gold and eligible commercial paper, the Glass-Steagall bill modifying the latter provision to a certain extent. SECURITY AND MONEY MARKET STATISTICS • I i | • : Year and month , Co mi prices mon Bond (aver- P i age sales stock f ields yields | week'50 stocks y 1 i ! 1 1930: July 1931: July. August September October November December 1932: January February March April May June July 1926 = sandsV 100 Per 149.3 4 44 47, 746 _ Rangeof open marCapital issues ket mojiey rates AverNew York ments age divi'dend per Call Long- I share monComterra ! Interest f BOO ey New re- Time merTotal capital real Total ! pay- corn- iiewal loans cial ments panics) (averissues estate paper bonds ! age) ! Per i 4 49 i 585.820 554, 280 222, 564 . ._. 98.2 33,540 5.66 > 4.44 95.5 i 24,890 5.74 ! 4. 50 i 126,836 i 120,329 .. 81. 7 51, 140 1 6.51 4.70 313.330 270, 540 44, 988 _ 69.7 i 47, 895 7. 28 5. 16 I 45, 932 71. 7 37,369 7.06 1 5. 19 :i 130,787 110,215 57.7 1 50,190 8.66 5.81 139,391 118,751 136814—32 58.0 j 56.5 56 8 43.9 i 39 8 i 34 0 1 35 9 1 ; ii 34,342 8.22 j 5.86 i 193.939 94. 497 31, 719 8. 04 5. 91 33 061 7 16 ! 5 70 190 020 31,403 9.13 6.00 142.319 23 151 9 57 6 41 122, 862 22,998 10 30 6 72 142.206 23 056 8 85 6 50 1«* 121 Wednesday closest to end of month. Dollars; 16, 425 1,001,800 ! 542,900 ' . M SS Trsof Per cent 2K-354 3 -3K> 3. 228 3, 6S9 ') 19 ]1^_]1/^ 2 2 2 2 ~4li 1, 390 1,366 1,172 869 720 591 1,344 1, 354 1,044 796 730 587 3.03 3.04 3.23 2.33 2.35 2.20 505 495 525 495 409 342 332 512 525 533 379 300 244 242 1.94 1.90 2 18 1.87 1 86 1 56 i 1s 2.31 2.26 2. 18 2.10 2.05 1.96 179,919 1,075 73, 389 0 160 612 905 70,268 490 0 91 241 77 944 ' 80 o 103,899 997,938 443,200 494 269 654,200 i i ' ii 1.89 1.76 594,838 247.300 279 569 ' 427,500 Percen 1.50 1.50 1.50 2. 10 2. 50 2.70 [ 559,076 j ! 245,158 I 300, 340 i 458.757 ; i 306.742 j 439,851 , 26Q 000 I Ratio to market value 2.20 944,976 489,858 532, 840 747.157 557.742 670,951 493.800 Made Reby re- ported port- by the ing New York memher J Stock banks ExN. Y. C. change 2 2.91 800 2,100 66, 785 9,125 2,619 3, 185 685,011 i i 440,311 814,400 557,000 Brokers' loans i Thousands of dollars 267. 137 i ._ , - - - - -;l Dividend a n d interest pay- 1 67 1.60 1 48 1.34 1-31 ; 2.65 2.50 2 50 2.50 2 50 2 50 2 AS * End of month. j!^.-]]^ 1V4-2 3 -4 3 -4 3M~4 2% 3l/2 2 -3 1M-2 IK \y> 3V"— 4 3^-4 3i^_33/. 3i/|_33/' 23/ 3i/ 2^o-3X 10 SURVEY OF CURRENT BUSINESS September, 1932 Foreign Trade STATES exports in July amounted to U NITED $107,000,000, a decrease of 6 per cent as com- factured wool, burlaps, and hides and skins fell off considerably in quantity, while the value of sugar and raw silk was lower despite an increase in quantity. In the case of sugar, a larger proportion of the month's imports consisted of Cuban sugar, which averages lower in unit value than the protected imports from the Philippine Islands. Imports of cocoa and fish were larger in both quantity and value than in June. Some of the leading export and import commodities showed increases in unit value in July, while others, especially among the imports, dropped slightly from the level reached in June. In the former group were cotton cloth, evaporated fruit, meats, lard, coffee, tobacco, and gasoline; and in the latter, wheat, oranges, cocoa, sugar, raw cotton, wool, and hides, skins, tin, and burlaps. Unit values of exports of copper and imports of crude rubber and newsprint were at practically the same level in July as in June. The volume of both exports and imports in comparison with that of a year ago has shown a greater decrease during recent months than in the first quarter of the current year. For the period January-July 1932, in comparison with a year ago, the decline in the volume of exports amounted to approximately 21 per cent, and in value to 37 per cent, while the decrease in volume of imports was about 16 per cent and in value 35 per cent. pared with June, while imports dropped to $79,000,000 from 8111,000,000 in May, a decline of 29 per cent. The excess of exports over imports in July amounted to $27,000,000, the largest favorable merchandise balance in any month so far this year. Net gold exports, which amounted to $206,000,000 in June, dropped to $7,100,000 in July, and in the early part of August gold imports exceeded the exports. The decrease in exports during July resulted primarily from a reduction in shipments of mineral oils, wheat, copper, electrical refrigerators, typewriters, and lumber. Exports of raw cotton, cotton cloth, advanced manufactures of wood, meats, apples, and oranges were larger than in June and the value of tobacco exports was higher, notwithstanding a decline in quantity. Raw cotton exports in July were larger in quantity than in an}' corresponding period since July, 1921. The value of exports of rubber manufactures, industrial machinery, agricultural implements, and automobiles showed relatively little change from that of June. The decrease in value of imports was due in part to a reduction in imports of mineral oils, copper, and lumber, which had shown a considerable increase in June before the new excise taxes became effective. Furthermore, imports of coffee, crude rubber, unmanu- EXPORTS AND IMPORTS Exports of United States merchandise Year and month General imports ! ' '. Crude Finished manufactures ; Foodstuffs Ex- ;| materials i ports, ! _ _ . — — . _ _; — includ-ii: j" " " , Semihist , i • AutoI Crude reex- ! | j Fruits ™ » J - . i : fHO! Total ports * I! ! R,aw yt'he.it'M<>at* and tures i Ma- i biles, ~ _ i teriids "^ Total chin- parts, <*aso, j| Total: cot- Total and and prep- ! iloe | ton ' dour fats ara- , ery and | 1 '• acces| tions | sories i iI I I i ' ji ' i : ; 1 Fin, ished \ tures factures ! Millions of dollars 1930: July 1931: Julv August September October „__ November December 1932: January February March April May . ___ _ June July Cumulative, January through July: 1930 1931 1932 1 266.8 36. 5 14.7 40.9 10.5 12. 1 4.9 180.7 164.8 180 2 204.9 i 193.5 : 184. 1 i 28.3 25.5 44 4 63.6 68.0 68.3 13.5 9.9 23 5 39.8 ! 43.6 i 47.3 i 32.3 28.1 28 4 39.3 34. 5 27.1 11.6 7. 0 6 7 8.8 8.5 7.6 6.8 6 4 7.6 8 0 9 2 16.2 11.6 6.6 150.0 49.8 52 6 154.0 155. 2 50. 4 34. 0 135.4 132. 2 I 29.8 114.3 i 24.2 106.8 1 27. 6 36.0 37 3 36.5 j 20.7 17.7 13.4 15.9 23.7 22 8 21.7 21.0 20.0 18.0 15.6 5.3 5 1 5 4 7 6 5 5 5.1 2.9 6.1 6 0 4 7 4.2 4 5 4.4 4.4 309.5 216. 6 142 8 89.7 45. 6 36 8 100.9 63.0 34 2 2, 342. 5 409.2 1,496.6 i 286.8 947 8 268 4 | 234.9 161. 5 177 5 7.1 6.0 7 3 Reexports of foreign merchandise during July, 1932, were $2,555,000. 39.8 i 14-i. 8 37. 8 17.4 22.5 28.0 23 9 2"! 4 21.2 20.8 20.6 22. 5 20 4 24 7 20. 2 15. 7 17. 7 11.7 10 7 8 7 8.5 5.5 7 9 9.0 8 8 i I; 88. 3 84 1 83 2 77. 3 67. 0 64. 7 18.8 18 4 18 3 18.9 18 6 ' 14.8 14.1 54.5 57 2 61 3 58. 5 60 5 52. 6 46.9 11.4 13 8 13 5 12. 2 11 3 10. 3 9.6 6.8 7 4 9 3 7.8 7.9 6.3 6.2 7. 6 7 0 6 3 8 3 9 9 43.0 ! 330.0 1, 252. 6 ! 350. 3 56. 6 209. 8 743.4 218.4 36 8 121 8 391 9 i 82 0 200.1 105.4 51 9 i j ! | 7.4 7 0 5 9 4.0 4.5 3.7 4.3 i i ! • i ! i ! 1 220.6 69.6 49.0 44.7 57 °. 174.5 | 166. 7 1 170 4 j 168.7 ! 149.7 1 152.9 ! 50.0 47 7 52 9 52.4 47.8 49.9 47.1 45 4 35 1 36.8 33.0 36.7 30.0 28 3 30 3 29. 0 27.4 25.3 47.5 45 3 52 0 50.5 41.2 41. 1 ! 135. 5 * ! 131 0 i 131 3 126. 7 !1 112 3 111.4 79. 4 5^3 38 2 37 4 36 0 36 3 28 4 29.6 19. 5 38.3 37 8 42 4 38.1 37.2 32.8 26.3 26.2 24 1 20. 1 18.9 17.2 18.4 11.9 32.5 31 8 32.9 33.4 29.5 30.6 21.8 444.9 340.2 252 8 401.0 231.6 137 1 462.2 318.2 212 a 7.2 8.3 5.9 648. 4 160. 7 il, 956. 6 71.9 !l,281.6 391.6 52 2 i 827 3 1 2°5 1 i j SURVEY OF CURRENT BUSINESS September, 1932 11 Real Estate and Construction T ARGER awards for public works and nonresiden-L' tial buildings were responsible for the increases in value and measurable footage of total construction contracts let during July. The Middle Atlantic States, the Pittsburgh, Chicago, and New York City territories, in order of their importance, sponsored awards totaling more than 50 per cent of the value of all contracts for the month. Awards for the month were above the average established for the first seven months of the year and the increase was contrary to the normal summer recession in construction. Total value of all contracts let so far in 1932, however, was but 38 per cent of the amount of undertakings in the corresponding period of 1931. The Federal Reserve Board's adjusted index of activity, based on a 3-month moving average of values centered on July, declined slightly from the revised figure for June as a result of the drop in contracts awarded so far during August. Residential building awards continued a decline which has been unbroken since March. A year ago the value and measurable footage of lettings were both approximately three times as large. The enactment in July of the Federal home loan bank actwas a constructive development. The 20 per cent increase over June in the value of public works and utility contracts for July contrasts with the decrease of approximately the same propor- tion which occurred from June to July last year. Measurable footage of July contracts was two and a half times the footage reported for the previous month, and 29 per cent above the average for the first seven months of the year. Cement production declined below the June level, which was the largest monthly output so far this year. Although tonnage of new orders for fabricated structural steel fell off 21 per cent from the June showing, the monthly average for the year was maintained. For the first time since February, 1931, an increase was shown in the Engineering News-Record's index of construction costs (composed of the prices of structural steel shapes, cement, lumber, and the rates paid common labor). In July a year ago the index was 12 per cent higher. Not since 1916 has the monthly average of this figure been as low as the average for the first seven months of this year. Frame-house building material prices have declined without interruption since last February. The 1.9 per cent decrease during July in prices for brick houses more than offset the slight advance which took place in the previous month. No long-term bonds were floated to finance new construction during July, and little activity, as reflected from deeds recorded, was reported in the real estate market. BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE Construction contracts a war ded F. R. B. index (3 months ; ; i moving All types of average construction ,of values , ; adjusted) :; Maple Oak floor- flooring i ing 1 Year and month Residential building Public works and utilities Shipments j' 95 ;i i ! 61 I 59 59 ! 55 i 49 38 i FabriCe- cated ment structural Frame Brick steel house house (6- ! (6room) room) ProN"cw duc- orders tion Construction cost, Eng. NewsRec. Real estate market acTo tivity, finance deeds record- Total new coned struction ! MonthThousands of T h m i saThouav- Thousands of of month, month- ly erage feet, board s™d?of * d8 * f First dollars ly average 1913= 100 1926= barrels *$>« measure 100 Monthly! MilMilThou- Mi . Mil- lions Milof lions average ' lions of lions f of square of Ssq rt 1923- ! square dollars «™ " dollars £±re f^t ' dollars 1925=100:! feet feet 1930: July 1931: July August September October November . December 1932: January .. February MarchApril. _ _ . May . June i July . Monthly average, January through July: 1930 .__ 1931 1932 Long •term real c state bo nds Building material prices Building materials 44 6 367 18.2 84.3 946 121.2 4, G25 22, 832 17, 078 270 173 177 201.0 69.8 16, 425 10, 725 33.8 30 6 30.1 30.7 20 5 17.2 286 233 251 242 151 137 15.9 14.1 13.0 15.2 11.0 8.8 63.9 60 2 54.6 60. 5 45.3 36.2 1,233 737 353 171 271 280 116.3 73.0 85.1 82.5 47.4 50.3 3, 417 3, 397 3,144 2, 703 2, 481 1,928 25,681 21, 464 19, 486 18,203 13, 907 12, 976 13, 899 13, 549 12,092 10, 762 8J 61 5,974 160 124 194 109 , 91 98 155 156 154 156 158 156 164 163 161 162 163 161 174.4 171.4 171.4 169.8 169. 3 166.2 800 61.1 59.8 . 2, 100 60.3 66, 785 63.2 9,125 59.0 2,619 3,185 64.5 300 565 395 500 725 0 31 12 6 27 j 12.3 26 16 9 27 13 9 26 15.7 27 12 3 26 14.4 85 89 112 122 146 113 129 6.9 6.1 8.5 7.2 6.7 5.8 5.5 27.5 24.4 33.2 28.9 25.6 23. 1 19.7 300 176 197 211 182 106 265 24. 1 28.3 29 9 47.3 61.7 50.1 60.0 1, 759 2,061 2,496 2.200 2,325 2,281 11,673 11.359 13, 360 12, 555 12, 939 10, 253 5,026 3, 971 4,847 5, 478 6,913 7.921 7,659 48 62 64 65 91 87 69 156 157 155 154 151 150 148 161 163 162 160 156 157 154 162.5 i61. 8 157.2 153.1 152.8 152.2 153.4 57.8 58.8 54.9 54.6 54.6 55.2 1,075 0 905 490 0 80 0 240 0 0 490 0 0 0 429 297 114 19.7 18. 3 6.7 94.8 79.2 26.1 1,432 669 205 163.9 117.8 43.1 4,029 3,147 29, 253 24, 435 13, 282 10, 576 5,974 253 181 69 176 160 153 180 168 159 205.7 189.7 156.1 71.8 62.5 15, 538 4, 439 364 7,292 1,193 104 1 100 i 46.8 70 33 8 27 i 14.0 i| 1 ! 1 ! 12 SURVEY OF CURRENT BUSINESS September, 1932 Transportation of freight-car loadings during July and STATISTICS the first half of August show some further declines a month, and for the first half of the year totaled $112,329,000, or at an annual rate of only 1.01 per cent on their property investments. The Reconstruction Finance Corporation continues to be of material aid in enabling the carriers to meet the obligations which they are unable to care for from current income, or from recourse to the investment market. With the continued recession in traffic and revenues, equipment manufacturing remains at a low ebb. New orders for rolling stock placed by the railroads were few in July and unfilled orders were reduced as deliveries were made against previous requisitions. The efforts of the roads to cut down expenses is also reflected in the number of freight cars and locomotives needing repairs. The percentage of the total rolling stock in bad order has been steadily mounting, and in July 16 per cent of the locomotives were awaiting repairs in comparison with a normal 8 per cent, while 11 per cent of the freight cars were in bad order in comparison with a normal 6 per cent, Traffic on inland waterways was generally lower in July than in the preceding month, the Sault Ste. Marie and Cape Cod Canal being exceptions. The movement through the "Soo," however, continued relatively small. Traffic on the Mississippi and its tributaries was well below June. On all waterways, excepting the Cape Cod Canal, traffic was substantially below the level of a vear ago. in merchandise distribution. The movement of freight continues to record a wide decline from the same period of last year and there has been no measurable improvement in recent weeks. During the first half of 1932 carloadings declined 27 per cent in comparison with a year ago; July loadings were 34 per cent below the same month of 1931; and in the first half of August the corresponding percentage was 32 per cent. The Federal Reserve Board's adjusted index of freight-car loadings in July dropped 1 point, extending the decline which has been uninterrupted during the current year. Average weekly loadings were approximately 484,000 cars. The decrease in total loadings resulted from further important reductions in loadings of miscellaneous freight and 1. c. 1. merchandise, these two classes declining on a weekly average basis by 6.6 per cent. A seasonal pick-up occurred in loadings of grains and grain products, and higher loadings were reported for coal and ore. The movement of livestock, coke, and forest products was lower than in June. Operating statistics for June indicate no improvement in the financial status of the roads, and the July statistics of traffic indicate that a similar condition prevailed last month, although definite statistics are not yet available. In May and June the net operating income of Class I roads was approximately $12,000,000 Mon thly aver age, 1923-19 25=100 1930: July 1131: July. August September-October November... December 1932: January February March ; April May June July Moutnly average, J a n u a r y t h r u i g h July' 3 1930 1931 1932 Thousands of cars 3 of d la rf- Cailals 9 ^"f-lThous-ofi I dollars j *| +d rt 3§ 0S oe Rivers H 0 {*« •w asiAh £ g ^®«M & >4* a *£ *3g£ &5°° -Sis ~ Thousands of short, tons 92 895. 1 132. 0 40. 3 59. 2 19.0 226. 7 60. 6 348. 1 455 2, 541 S3. 069 .">0. 500 \ 12, 367 563 84 1, 221 78 76 78 78 70 61 76 72 69 69 68 69 738. 4 749. 5 727.0 763. 0 654. 9 508, 3 110.3 118.8 124.2 145.5 121. 4 117.6 4.8 4.6 4.8 5.6 5.3 5.8 26.6 27.6 26.1 24.6 21.9 17.8 54.6 45.7 37.2 38.5 36.2 29.7 18.1 21.2 24.1 29.0 25.9 21.6 209. 4 213.8 210.2 216. 2 201.6 185.6 34.9 35.0 30.3 20.4 6.3 3.8 279.7 282.7 2',0. 1 283.0 236. 4 188.2 564 574 564 535 659 751 2,023 2.091 1,969 1, 674 1,526 1,677 56,535 55,859 55,319 64, 020 36,580 21,263 j i i i i j 41,500 33,500 26,500 36, 000 32,450 28,800 j ! ! j i | 7,613 8,385 7, 126 6,248 3,049 284 506 425 587 505 510 0 104 104 107 105 86 168 820 859 884 930 676 774 58 59 58 57 53 52 51 64 507. 4 62 561.3 fil 571.7 59 ! 554. 6 54 521.9 52 491.6 51 484. 4 115.2 115.0 121. 3 92.3 74.6 66. 7 72.3 5.7 6. 2 6.1 3.8 3.1 2.9 3.6 18.4 19.3 20.0 19.7 18.7 16.8 14.6 31. 0 34.3 28.9 30.8 29.2 25. 3 36.9 22.1 19.0 16. 5 18.7 17.1 14.9 14.4 186. 6 183. 0 187.3 186. 2 182.1 170. 5 163. 3 2.9 2.7 2. 6 3.4 2.6 3.5 6.1 185. 6 181.9 187.5 199. 6 194.5 190. 9 174. 3 742 722 705 728 751 773 764 1.643 1,424 1, 404 1,286 1,270 1,300 11,714 : 22,043 : 32, 289 ;! 20,624 11.951 12,653 42,500 29,000 30, 500 28,200 21,700 0,900 12,000 I ; J i i 0 0 0 369 1,568 1,988 2, 638 0 0 0 250 415 454 376 131 113 113 99 112 108 105 652 628 723 620 662 633 576 93 76 55 896.7 734. 1 536.1 148.2 125. 2 93.9 10.0 7.1 4.3 51. 6 32.2 18.2 43.3 40.4 30.9 23. 5 20.9 17.5 239. 9 215. 7 179.9 32. 1 15.2 3.4 348. 1 277. 3 187.8 441 615 741 2,512 2,007 65,773 i 41,935 !: 45.471 j 40,986 ! 34' 929 1 96 86 112 Sv)2 642 Daily average basis. Thous. of long tons 95 : 1 Panama Canal, American vessels, both directions ! Canal and river traffic - - — ! Thousands Dividend payments, steam railways 1 Freight-car surplus a Miscellaneous 11 Ore £ I; a ! t) -e o Livestock 3 : ; is Forest products Year and Month Adjusted » Unadjusted i F. R. B. index Merchandise, 1. c. 1. Freight-car loadings Net operating income, j Class I railroads 1 Pullman passengers car- ! ried j RAIL AND WATER TRAFFIC 2 Adjusted for seasonal variation. 3 Freight-car loadings are on an average weekly basis. 13 SURVEY OF CURRENT BUSINESS September, 1932 Automobiles and Rubber output which exceeded the same month last year by 77 per cent. Manufacturers' inventories of finished tires and tubes and the first half of August, The decline in output was accentuated by the well-maintained rate of June, which were reduced to an abnormally low level by excessive resulted in a less than seasonal loss during that month. sales and shipments in June. This unusual movement The adjusted index of the Federal Reserve Board for preceded the incidence of the new excise taxes on tires, the industry in the United States declined 30 per cent with dealers in all parts of the country building up in July from the preceding month. Truck output de- stocks. Production was abnormally high, with a reclined by 28 per cent, a large portion of which was sea- sultant increase in crude-rubber consumption, but desonal, while the manufacture of passenger cars was 41 spite this activity manufacturers 7 stocks were cut in half. It was expected that July consumption of crude per cent below June. Despite the sharp falling off in operations, the ad- rubber would fall to an extremely low point, following justed employment index in July advanced fraction- the activity of June, but the replenishing of producers' ally, while the unadjusted index declined only 3 per inventories caused absorption approximately equal to cent. For the same period, pa}r rolls were 8 per cent May and exceeding the early spring months. As a below June. The variation between the production result, it is estimated that manufacturers' stocks of finand employment figures is caused by the fact that the ished goods increased during July. Rubber prices continued to move higher with the emplo3^ment statistics represent the condition as of the 15th of the month, whereas the reduction in pro- general increase of the commodity list. There were,, duction schedules was more pronounced in the latter however, several extraneous factors which lent indehalf of July. The more recent trend of employment in pendent strength to the market price. Preliminary the industry is reflected by the statistics of Detroit reports from the producing areas indicate that a subfactory employment. This index stood at 32.9 on stantial reduction in output is taking place, but whether or not this is a temporary condition can not August 15, compared with 69.6 on July 15. Output by Canadian plants did not follow the usual be definitely determined for several months. The trend, and July production was 5 per cent above the other price-strengthening influences were the largenumber of units assembled in June. This made July consumption in July and the previously reported error the third largest producing month of the year, with an in Singapore stocks. in the automobile industry experiPRODUCTION enced the usual summer contraction during July AUTOMOBILE AND RUBBER STATISTICS Automobile exports Automobile production United States Year and month F.R.B. index, adjusted Total Monthly average 19231925= 100 1930: July 1931: July August September October November December _. _ 1932: January February March April May June _ July Monthly average, January through July: 1930 1931 1932 . Passenger cars Automobile financing New passenger car registrations Canada Taxi- Trucks cabs Total production Passen- Trucks ger cars Retail Propur- ducchasers tion 1 Millions of dollars Number Thousands By wholesale dealers Pneumatic tires Crude rubber DoDo- mestic World mestic conIm- stocks, ship- sump- ports end of ments tion, month total Tnousands Long tons 75 266 222 376 43, 328 10, 188 7, 828 4, 040 254. 069 55 119 3, 193 4,229 26, 905 35, 424 436,413 60 52 40 26 36 66 218 187 141 80 69 122 184 155 109 58 48 97 180 104 141 651 999 1,144 34, 317 31,772 31,338 21, 727 19, 683 23, 644 4,220 4,544 2,646 1,440 1,247 2,432 6,478 5,699 4,577 3,207 1,928 5,753 3,518 2,356 4,171 4,500 1,184 3,333 194, 322 155, 744 121,903 102,659 75, 829 77, 564 49 44 36 26 16 29 96 80 68 61 49 50 3,941 3,125 2, 538 2,379 2,001 2,115 4,244 3,845 3,034 2,185 2,223 2,171 29, 382 25, 379 21.747 20, 495 21, 108 19, 696 44, 052 39, 033 38, 933 41,398 45. 103 53, 818 549, 127 550, 580 554, 458 582, 000 606, 197 619, 906 45 35 28 35 45 47 33 119 117 119 148 184 183 111 99 94 99 123 158 IfiO 95 97 25 74 31 73 235 27 20, 541 23 308 19, 560 27, 389 26, 528 22, 754 16,434 3,731 5, 477 8,318 6,810 8,221 7,112 7, 472 4,474 4,936 5, 548 4, 669 3,604 2,972 3, 039 2,515 2,113 3,183 1,630 1,505 1, 387 1, 865 87, 493 82,813 92, 1 92 121, 093 131,282 148. 752 99, 000 35 33 34 34 39 44 26 45 45 51 56 58 63 45 2,770 3,097 2,937 2,813 3,056 4,515 2, 545 1,973 2,281 2,886 3,325 8,212 25, 725 27,611 25, 602 23, 877 26, 861 35, 987 26, 010 33, 552 28, 298 45, 588 38, 454 34, 323 41, 117 32, 524 630, 267 636, 206 632, 983 630, 992 644, 199 607. 806 592, 546 95 68 38 372 256 HO 297 214 118 715 428 80 53, 846 41,212 22, 359 17, 268 10, 045 6,734 16, 387 8, 719 4,177 8,441 4,654 2,028 272, 530 195, 922 108,946 58 35 114 92 52 3,930 3,834 3,744 3, 592 32,136 30, 377 27, 382 42, 943 40, 500 36, 265 413,225. 525, 597 625, 000 1 1 14 SURVEY OF CURRENT BUSINESS September, 1932 Chemical Industries in the chemical and allied products ACTIVITY industry, as measured by electricity consumption, picked up slightly in July from the low level reached in June, the increase being, however, somewhat less than the usual seasonal increase at this time. Employment in the industry declined further in July and was 16 per cent under the level of employment a year ago, and 28 per cent less than two years ago. The decline in employment during the past two months has been greater than the normal seasonal drop in this period. Pay rolls in the chemical industry have also declined during the past few months, there having been a drop of 5 per cent from June to July. Pay rolls are at present 28 per cent under the volume of July, 1931, and 41 per cent less than at this time two 3^ears ago. By-product coke production declined slightly in July to a new low point after falling off steadily each month since March. July output was 41 per cent less than a }rear ago and almost 60 per cent below production in July, 1930. Bee-hive coke manufacture also reached a new low in July after declining steadily since March. The output of explosives, reflecting the continued low rate of operations in the building industry, declined 17 per cent in June. Production represented a decrease of 45 per cent as compared with a year ago and 58 per cent in comparison with two years ago. Wood rosin manufacture registered a normal seasonal increase in July. Present production is greater than that of a year ago by 6 per cent, but a fourth off as compared with the July high record level reached in 1930. Stocks of wood rosin on hand increased in July. Net receipts of gum rosin at three ports also increased in July, some addition being made to existing stocks. There was a slight increase in the production of wood turpentine in July, output in this month being 12 per cent greater than a year ago, but about a fourth less than at this time two years ago. Gum turpentine receipts at three ports likewise increased in July. Stocks of both the gum and wood products were considerably augumented, the rise being seasonal in the case of gum turpentine. The consumption of fertilizer in Southern States, normally slack at this time, declined seasonally in July and for the year to date was 35 per cent under a year ago. Fertilizer imports, which usually register a marked seasonal increase at this time, declined 13 per cent from June receipts. July imports were only half as great as a year ago and were less than a third as large as two years ago. Nitrate of soda imports continued negligible in July, but receipts of sulphate of ammonia from foreign sources have shown a marked increase recently. CHEMICAL STATISTICS Alcohol General openitioiis Employment F. R. B. Indexes Year and mouth Re- ! fined Ethyl methanol Sto cks Pay Manu- Raw , Unad- i Adroils, facjusted justed unad- tured matejusted goods rials Fertilizer Sly- ! i prod- i Explos tliiMMr '• UCt i siV6S m c ' h - | coke a no! i i Rosin, wood Tur- Superpen- phostine, wood phates Con- Total \ ™***g sump- im- !°:^?da tiom ports ^ Production ! Monthly average, 1923-1925=100 1930: July.... _ 1931: July _ August September October November December.. _ __ . 1932: January February March __ April May June July Monthly average January through July: 1930 1931 1932 i Southern States. 101.0 105.4 100.8 86.2 84.4 86.0 85.7 83.5 82.0 89.4 86.6 85.7 85.4 83.1 81.9 82.9 80.4 80.8 80.8 76.4 75.0 ! 81.7 81.1 81.1 82.4 78.3 74 2 72.3 81.9 80.2 78.6 78.5 79.7 76.4 74.7 71.4 1 71.0 70.1 ! 68.5 ! 66.9 63.2 GO.O ; 107.5 92.3 78.7 107.8 88.6 67.3 121 i! j Th s of ^S^! sancjufc l ! of | short tons Thous. oflbs. 1 -Ro rr pk uarreib Thous. of short tons T Lon * tons 11,617 250 412 3, 747 30,810 39, 929 6,406 374 23 104, 347 28, 644 116 115 118 125 129 124 87 11,975 85 12,363 100 ! 12,952 121 ! 16,037 134 14, 084 125 14,002 92 65 57 56 87 142 438 316 663 | 510 364 328 2, 569 2,443 2,310 2, 389 2, 276 2,234 25, 068 24, 548 26, 598 25, 282 24, 509 18, 595 28, 495 17, 074 25, 058 26, 102 21, 440 23, 242 4,370 2, 607 3,797 3, 922 3, 547 3,733 196 210 173 188 179 231 25 40 91 94 66 67 97, 358 127, 599 146, 700 120, 822 77, 849 70, 754 18, 809 35, 367 48, 590 33, 968 29, 871 17, 029 128 135 134 134 131 118 116 107 102 97 93 91 88 ' 13,224 : 10,340 1 9,526 10,137 •j 11,578 i 149 120 103 113 72 97 586 546 514 502 743 713 2,101 1,996 2,089 1,883 1,743 1, 537 1, 523 18, 175 18, 064 17, 092 16, 804 17, 097 14, 195 23, 196 20, 006 26, 187 26, 443 30, 597 29, 483 30, 076 3,626 3,121 4,329 4,415 5,151 4,827 4, 878 215 204 170 147 86 62 172 365 644 868 156 68 14 89, 070 84, 160 100, 136 61, 433 84, 746 57, 388 49, 869 30, 114 8,404 54 2,675 37 647 100 134 127 i 102 ! 11,842 95 | 11,718 99 i 390 187 520 6S9 4,090 2, 972 32,417 26, 922 41.480 31 ',826 26, 570 7,436 5,502 4,335 396 252 740 533 327 187. 226 11 0', 282 75, 257 63.037 54, 851 6,004 in 127 93 ii i ! | ! i 15 SURVEY OF CURRENT BUSINESS September, 1932 Farm and Food Products of foodstuffs did not show the usual PROCESSING seasonal decline during July, and the adjusted production index advanced moderately, reversing the trend of the two preceding months. Employment in the industry experienced a slight contraction. Pay rolls showed a greater rate of decline and the unadjusted index for July was 4 per cent below the preceding month. Wholesale prices of food products advanced 4 per cent in July, with the general upswing in commodities, after an uninterrupted decline of almost a year. Further gains have been scored during the current month, particularly in farm products. Wheat prices in July moved contrary to the general trend in foodstuffs. Most American markets reported a decline, and the weighted average price at six key points showed a loss of 9 per cent for the month. The August 1 crop forecast of the Department of Agriculture placed the total wheat crop for the United States at 723 million bushels and the aggregate carry-over of old wheat from last season at 363 million bushels. The proportionate supplies of spring and winter wheat for milling in 1932-33 will be close to normal. Receipts at principal markets increased sharply in July, but the average arrival for the first seven months of the current year is only half the amount received in the same oeriod last year. Corn prices rose slightly during July from the extremely low level of the past several months. However, the gain was not sufficient to alter materially the prevailing situation, as corn is still offered at abnormally low prices. In many sections of the country the hot and dry weather had an adverse effect upon this season's crop and the official estimates as of August 1 show a substantial reduction from the expectancy of a month earlier. July receipts at principal markets increased from the low point of the year established in the preceding month. Receipts of cattle declined 4 per cent and market supplies were unusually small for July. Prices moved irregularly, but the general trend was upward. Hog receipts were also lower with part of this attributed to the withholding of supplies by producers. Marketings were lower in the first week of July, but a slight revival in the second week carried over into the first week of August. Cold-storage stocks of all meats decreased for the second month, bringing the total on hand considerably below July of last year. Imports of raw sugar attained a greater volume in July following a continuous decline in the four preceding months. The movement of coffee from abroad was sharply curtailed by the closing of the chief South American shipping port. FOODSTUFFS STATISTICS Food products industry Animals and anioial products Wheat Imports 1 S F. K. B. S£ i Year and moiitl* H p May June July vlonthly average, January through July: 1930 1931 1932 & •3 o Is 94 95.2 86.8 87 88 93 92 91 97 88, 1 88 1 87 5 85.5 85.9 86.3 74.0 74 6 73 7 73.3 1 71.0 69.1 94 96 84 91 89 83 84 85.3 83.7 83. 1 83 6 83.2 80.9 79.4 94 90 89 97.0 89 9 82 7 L it Si 'sii sumption, appar- ,ma*ofi tloa I I moo th: Monthly average, 1923-1925 = 100 | Millions' Millions of bushels Thousands Millions of pounds 93 112 99 162 .83 ! 17 .80 1,532 2,918 1,025 929 191 395 801 103 83 119 219 159 96 105 94 92 97 98 97 104 61 39 33 26 14 218 243 239 231 230 221 .47 .51 56 .58 '. .69 1 .60 ! 16 11 8 14 12 11 .53 45 46 40 .46 .39 1,488 1 821 1 797 2 137 1,866 1,453 2 511 2 454 2 727 3 462 3 752 4,210 1 012 1 043 1 067 1 194 1 020 1,080 946 798 638 506 523 736 198 204 189 187 161 172 473 532 330 269 189 217 1 100 884 794 907 936 1,203 64.7 62.5 62.3 61 0 59.3 58.8 60.9 89 74 67 52 48 39 49 92 87 88 90 111 105 94 17 25 13 13 15 13 41 212 210 202 183 172 167 178 61 59 1 .58 \ 60 1 .61 .53 i .48 i 10 14 11 10 10 5 7 39 36 34 34 34 . 33 .35 1 376 1 281 1,377 1 376 1 397 1, 338 1 291 4 218 3 659 2 939 2 960 3 050 2, 545 2 159 1 098 955 1 015 1 032 1 033 1,018 955 875 1 035 1,011 1 012 1 020 938 844 157 156 171 177 224 202 197 289 437 515 510 457 314 340 1 220 1 149 1 220 7^3 1 056 ]"079 671 93.2 76 2 61.4 64 69 69 102 101 95 29 40 20 144 202 189 1 03 { 68 lj 57 i 22 17 10 .79 54 35 1 521 1 506 1 348 3 497 3 276 3 076 1 017 1 017 I 015 989 1 035 962 178 181 183 402 393 409 1 027 1 210 1 027 i Includes receipts from Hawaii and Puerto Rico. Meats Butter, i 'i a Monthly \ average, I 1923-1925 = 100 i 930: July 931: July ,. August September October November. December 932: January February March April ' 1 | *S a 16 SURVEY OF CURRENT BUSINESS September, 1932 Forest Products the lines recommended b}^ the Timber AJ3NG Conservation Board, lumber manufacturers con- rolls in the industry also declined still further in July to a new low point, continuing the steady downward trend of the past two years. Pay rolls are at present less than half of the volume in July, 1931, and less than a third of the amount at this time two }^ears ago. Car-loadings of forest products also declined in July to a new record low point. Carloadings are at present 45 per cent less than at this time a year ago and 64 per cent under the volume during July, 1930. Marketings of naval stores increased seasonally in July, but were almost 40 per cent under a year ago. Production of southern pine declined more than seasonally in Juty, with new orders falling off somewhat and unfilled orders increasing slightly. The present rate of production of southern pine is a third less than a year ago and almost two-thirds less than in July, 1930. New orders show a decline of 38 per cent as compared with a year ago and 54 per cent from new orders two years ago. Stocks of southern pine on hand have been reduced 35 per cent during the past year. Douglas-fir production declined in June after a slight rise in May. Production since the first of the year has been just over half of output in this period a year ago, while shipments and new orders have made a somewhat better showing, with declines of 42 per cent each. tinued during July and the first half of August to hold production under the small volume of orders received and further liquidate stocks on hand. Retail stocks of lumber have declined over 8 per cent since the first of the year, while industrial stocks have been cut 14 per cent in this period. The general downward trend of demand has continued, following a further extension of the severe decline in construction, particularly in residential building. The establishment of the home-loan-bank organization and additional facilities recently placed at the disposal of the Reconstruction Finance Corporation, along with the improvement in agricultural prices, are expected to assist in any revival of construction activity and consequent demand for forest products. Lumber production declined slightly more than seasonally in July to a level one-third below a year ago and output for the month was less than half of production two years ago. The industry has been operating for some time at about a fifth of normal activity. Employment in the lumber industry continued through July the steady decline which has been taking place during the past two years. The present level of employment is 30 per cent under July, 1931. Pay FOREST PRODUCTS STATISTICS General operations Year and month Indexes of marketing LumEmber Pay Total I pro- ploy- roil, | Naval duc- ment, uiiad- forest stores ad- j usted prodtion, ucts ad- justed Douglas fir Southern hardwoods Car- i loadin s ;forest gv prod-l ucts \ <£?" tion New ° rders Produetion Unfilled orders 1 i ! UnProNew filled ducorders orders ' tion justed Monthly average 1923-1925 = 100 1930: July 1931: July . August September October _ . _ November ._ December 1932: January ... February M arch April Ma y June JlllV--- - - - Monthly average January through July: 1930 1931 1932 Thousands O f ; j cars Household furniture 2 Southern pine UnUnPlant filled New filled opera- orders, orders orders tion end of month NumPer ber of i ofcent days' full productime tion Millions of feet, board measure 63 67.8 63.0 64.5 203.9 40.3 172 128 526 47.6 53.3 43.1 224 197 128 67.0 27 42 38 36 33 27 27 52.0 51.1 49.4 48.4 47.4 45.4 41.7 41.3 ! 40.3 i 38.2 34.4 31.2 64.6 64.3 65.7 63.1 56.7 53.3 186.7 141.5 111.9 114.0 97.2 90.4 26.6 27.6 | 26.1 24.6 21.9 17.8 i 109 101 105 105 105 86 139 131 131 131 131 105 402 375 387 374 370 367 ! ! I i 37.3 34.4 38.8 30.0 29.0 20.5 45.3 37.7 39.7 30.3 33.9 23.0 41.4 22.2 31.3 16.3 i 26.3 i 17.1 i 122 120 117 117 111 78 147 151 138 135 111 73 83 83 74 58 62 51 80.0 73.0 72.0 83.0 72.0 56.5 22 20 15 11 13 12 27 23 27 28 29 28 27 43.9 43.3 41.2 40.2 39.0 37.9 36.1 26.6 25.9 24.5 23.2 22.2 20.9 19.0 49.5 51.1 53.4 56.0 57.7 53.9 54.7 26.1 24.1 29.6 67.8 102.3 104.0 114. 3 18.4 19.3 20.0 19.7 18.7 16.8 14.6 68 83 90 101 98 94 120 105 113 105 101 90 356 315 292 ! 272 i 270 242 i 24.8 29.0 25.6 20.5 25.0 22.2 31.4 28.1 28.5 21.3 27.0 26.2 28.4 27.8 25.3 i 12.5 : 17.8 15.1 1 80 89 104 106 100 91 83 106 119 127 110 103 96 91 61 74 77 62 62 44 M 68.0 73.0 59.0 54.0 42.0 58.0 17 13 10 7 7 74 40 27 74. G 55.1 40.2 71.6 44.7 23.2 70.8 61.5 54.0 109. 4 102.0 i 66.9 51.6 32.2 18.2 237 144 187 165 600 446 ; 65.0 44.4 63.1 48.1 57.0 43.3 250 149 93 227 164 107 172 100 61 69.7 69.4 25 17 1 Weekly average. 2 Grand Rapids district. 17 SURVEY OF CURRENT BUSINESS September, 1932 Iron and Steel I n d u s t r y definite lack of any measN OTWITHSTANDING urable change in the volume of business, a somewhat brighter tone pervaded the iron and steel industry in July, due mainly to a feeling that activity could not long remain at current levels. Although the declines from June marked new historical lows in output of both pig iron and steel, they were less than the losses which occurred from May to June. Seasonal influences, curtailment of automobile production, and the temporary banking of two large blast furnaces in the Chicago district are among factors cited as contributing to further recessions in operations during the first half of August. The industry is hopeful that projects financed by the Reconstruction Finance Corporation will promote expansion in structural and other steel requirements. Railroads are looked to for an important source of tonnage as a result of deferred buying. The Federal Reserve Board's index of general operations, adjusted for seasonal influences, remained unchanged from June. The adjusted index of employment continued the decline which has characterized that figure each month this }^ear. Pay rolls dropped 15 per cent. With the decrease reported for July, the declining record of unfilled orders on the books of the United States Steel Corporation extended to the sixteenth consecutive month. Iron and steel exports, totaling slightly more than the June tonnage, were at the level of average monthly shipments for the year, while imports fell off sharply to the lowest figure reported in many years. While the number of furnaces in blast at the end of the month remained at the June level, output of pig iron in July fell off approximately 12 per cent on a daily average basis. Average monthly production so far this year was less than half that for the same period in 1931. Steel ingot output has receded each month since January. The daily average tonnage produced in July was approximately 8.1 per cent under the record low for June, while total production for the month was 34 per cent below the average monthly showing for the first seven months of this year. Operations were at 15 per cent of capacity. Increasing slightly from the previous month, July shipments of fabricated structural steel reached the highest monthly total for the year. New orders, however, decreased 21 per cent to 69,000 short tons, which coincided with the average monthly bookings through July. Imports of manganese ore remained negligible. With the exception of composite finished steel prices, which showed no change, quotations for iron and steel materials averaged lower in July. Steel scrap prices, however, which were especially weak during the early part of the month, later stiffened somewhat and carried the stronger tone into August. IRON AND STEEL STATISTICS i General operations Year and month Iron and steel Pig iron EmPay Produc- ployrolls Ex- Imtion ment (adunadad- 1 justed ports ports justed) i justed Monthly average, 1923-1925 = 100 Thousands of short tons Thousands of long tons Dollars per long ton Dollars per 100 pounds i | 144 2,922 56 270 275 4,022 16 33.25 31.00 12.00 2.29 52.4 50.6 45.2 43.9 41.2 41. Oj 84 73 70 59 60 57 28 22 25 23 23 18 1,463 1,281 1, 169 1, 173 1,103 980 82 76 73 70 67 56 1,888 1,717 1,545 1, 590 1,592 1,301 34 31 28 28 30 24 160 124 194 109 91 98 181 168 149 144 112 123 3,405 38 22 27 21 9 8 31.05 31. 05 31. 03 30.81 30.61 29.00 29.00 29.00 29.00 29.00 28.80 8.75 8.38 8.20 8.00 8.00 7.80 2.20 2.19 2.20 2.18 2.18 2.16 36.3 37.2 35.4 32.1 30.4 26.0 22.2 41 40 50 58 80 52 53 25 20 35 29 33 27 9 973 964 967 853 784 628 572 61 64 60 60 53 46 46 1,459 1,458 1,409 1,238 1,106 897 793 26 27 24 22 20 16 15 48 62 64 65 91 87 69 66 78 82 68 74 83 84 17 3 2 14 2 4 3 29.98 29.56 29 25 25 64.0 62.4 60.9 59. 0 56.5 54. 8 52.1 29. 62 29. 75 29. 62 27.75 27.00 27.00 27.00 27.00 26.50 26.00 7.50 7.16 7.13 7.00 6.40 5.69 4.88 2.11 2.11 2.17 2.17 2.17 2.17 2.17 105 68 33 91.3 75.1 58.5 92. 6 63. 4 31.4 193 93 53 41 31 25 2,986 1,796 820 172 102 56 3, 786 2, 493 1,194 73 45 21 253 181 69 268 160 76 32. 50 29. 64 26.89 12. 68 9.50 6.54 2.38 2.21 2. 15 78.6 July August September October November December _ 1932: January _ February March April Mav June July Monthly average, January through July: 58 50 45 45 51 42 72.1 70.3 67.4 66.2 65.3 65.4 43 li32 i Adjusted for seasonal variation 136814—32 Number Prices Manganese ore imports Iron Steel (manand billets, Steel Comganese steel Besse- scrap, posite concommer Chifinished tent) pos- (Pitts- cago steel ite burgh) 2,639 87.3 193? Thousands oi Per long cent tons United States Steel CorpoPer ration, Furcent New unfilled Ship- orders, naces 1 Proof due- caor- ments in end of tion pac- ders blast month ity 31 91 1930 1931 Thousands of long tons Fabricated structural steel 132 1930- Julv 1931: Production Steel ingots 3 3,169 3,145 3,119 2,934 2,735 2, 648 2, 546 2,472 2,327 2,177 2, 035 1,966 4,275 3, 785 2, 310 28 23 6 i 30.32 29.54 29.48 34.43 31. 44 29.65 18 SURVEY OF CURRENT BUSINESS Textile Industry in the textile industry was acI MPROVEMENT celerated in July, and the adjusted production the difference between production and shipments reduced them 8 per cent, to the smallest quantity on hand since last March. Unfilled orders on manufacturers' books increased one-third from June 30 to the end of July, and on the latter elate were equivalent to six and one-half weeks' output at the current rate of production. Actvity in the woolen and worsted goods industry increased sharply in July. Raw-wool consumption increased 36 per cent, the largest monthly improvement since compilation of monthly data was begun in 1920. Woolen spindles were run at 39 per cent of capacity on a single shift basis as compared with 30 per cent in June, and worsted spindles were operated at 50 per cent of capacity against 34 per cent in June. The operation of combs increased from 39 per cent of capacity in June to 65 per cent in July and operations of cards increased from 31 to 38 per cent. Wide loom activity increased about one-half. Prices of woolen and worsted goods averaged 2.5 per cent lower in July than they did in June, but recent reports indicate that August prices stiffened somewhat. July deliveries of raw silk to American mills, 38,382 bales, were 2.4 per cent more than the June deliveries. Although silk prices have shown occasional advances, these were insufficient to prevent the July index from averaging 4.7 per cent lower than the index for June, index of the Federal Reserve Board increased 8 per cent over June. Wool consumption increased 41 per cent over that of the preceding month, silk delivered to American mills increased 2 per cent, and in the cotton-goods industry shipments exceeded production by 17 per cent, sales were one and a half times output, stocks were reduced, and unfilled orders increased one-third. August reports indicate that several mills are working overtime to supply a more active demand. Prospects for a smaller cotton crop than last year recently advanced cotton prices sharply, and this together with a broader demand has been reflected in a stiffening in prices of textiles. July average prices were, however, generally lower than the averages for June. Raw-cotton consumption per working day, adjusted for seasonal variation, was 1.6 per cent less in July than in the preceding month. New England cotton consumption totaled 32,600 bales in July as compared with 36,800 bales in June, and consumption in cottongrowing States aggregated 239,200 bales as compared with 274,700 bales. Production of 300 classifications of standard carded cotton cloths, 35,418,000 yards, was the smallest weekly output since current records have been compiled, arid was 14 per cent less than July shipments. Drawing upon stocks to make up 05 i 33 sy 1 1 Monthly avera'je, i 192319?5= : 100 84 i]c') f t3iiiber N >v aibor 193Jj inmry 1" e l Til irv 82 65 59 Aulv M < > n . h l v average, January tli-ui'-h Julv: j HO ft'! =3 "ft 73 379,022 435, 337 450, 018 3':?! 280 332, 439 481, (04 , 381, SSI , , 1 i IiA* p,S •^ "a A1 DQ cc "SsTSSii ^^=!:' ««•§«: fl o§2;1 P i a | vards Thousan ds d* of yards i Wool «* 'E'g 1= J2 c2 ^W S ^ Wool manufactures g :i - i; : : Spinning spindles S' 3 * § 5 Month- Millions of spindle hours Running bales 88 1 1B33 Is sS •o 100 450,884 99 425,819 100 463. 704 I 93 i 462,025 89 428,870' ! 88 415,517 89 ,\ pril May ii Cotton textiles (23 groups of textile constructions) a I i £ i'HO: J u l v 1931: Julv Cotton manufactures :: i ! > d § -3 ® £ : S 2 i 0 fc T __.»_ ^oonis ii '< :! i -S fe 1 2 ee fc i ® 2 fc ; IM* e~ ' '^o^' era,e, ^of^ '• Monthly average, 1926= 100 Per cent of aetive hours to total reported 100 Siik and rayon Silk Wholesale price is Cotton, raw Deliveries to mills : i Year and month STATISTICS Wholesale price, woolen and worsted goods TEXTILE Bales of 133 pounds Monthly averase, 1926 = 100 5, 301 41,463 44, 172 455, 529 222. 4DS 83.9 31, fS2 52 53 ; 42 48 79.2 39,948 : 54.3 6,528 6, 193 6, 540 6, 595 6,014 5 951 48, 136 52, 262 54, 424 56, 779 57, 861 50, 938 52, 833 56,911 55, 610 54, 052 53, 472 47, 567 269, 449 250, 855 244, 924 255. 833 273, 390 290, 248 277,597 217,508 227,167 344.639 354, 957 322,039 66.8 64.0 61. 5 59.7 58. 1 56.4 53,886 51,140 47,548 42.950 35, 424 , 31,^25 ' 64 66 63 53 46 ! 39 83 78 70 49 51 49 43 45 44 39 31 ; 26 ; 64 70 63 49 45 44 67.4 67.4 65.7 64.6 64.2 63.9 44, 746 46, 454 53,819 ; 56,668 ( 50,645 1 48,432 j 43. 8 43. 7 43.5 41.7 41.8 39.0 6, 214 6, 5f 7 6, 95,' 5, 195 4, 577 4.217 3, 5." 9 58, 177 61,086 57, 050 51,272 45, 9^9 40, 117 35, 418 67, 225 f 4, t'86 53, 135 40, 526 42, 621 42, 177 41, 394 254, 056 239, 654 259, 231 302, 21.6 315,448 305, 1 10 391,150 • 377, 9SS 278,163 21\ 366 193,637 170, 910 337,95? 55.8 56. 4 56.2 55. 1 52.9 ri.l) J'J.O 34,213 34, 426 20,381 19, 954 10,519 IS, M33 26,719 52 58 45 26 30 30 39 53 51 37 29 25 34 • 50 25 22 26 21 18 16 17 ; : i i ! i : 51 61 48 28 28 31 45 63.3 63. 1 62.7 59.7 58.3 55.0 53. 6 58, 793 45, 909 46,761 35,779 32,923 37,466 38,38? j 37. 7 36. 5 33.5 31.3 29.1 27.5 2-0.3 6, 840 6.613 5/145 5S, !S4 52 9SS 315,7'.)! 319.722 ?«."), 45" -J. 6 7). * 51,9 36,577 43,5/4 25,741 59 59 40 i 53 63 40 1 43 !i 38 21 i 50 58 42 81. 5 70. 3 59. i 44,307 i 48,410 I 43,33*; i-;8. 1 -4. • • 31 1 Weekly average, 471,811 55] 940 50, 353 ?7'j) 57? J I : ' ! ; i Grease equivalent. i ! ; '. . ' I ! ! ! ! 19 SURVEY OF CURRENT BUSINESS September, 1932 Miscellaneous Industries MACHINERY Activity in the machinery industry has shown but slight change since June. Some centers report more active inquiries but new orders placed during July were few. In the Detroit area activity has been slowed down, partly for seasonal reasons. Employment in the industry during July declined 5 per cent from the month of June and pay rolls were also lower. As compared with the month of July, 1931, employment declined 31 per cent and pay rolls 50 per cent. The index of new orders for foundry equipment for July, standing at 18.7 per cent of the 1922-1924 average, were higher than in June. Unfilled orders at the end of July, also showing an upturn, increased 12 per cent over the previous period. Shipments were also larger, but the June figure was extremely low. New orders for machine tools placed during the month indicated a marked decline from the preceding period. Unfilled orders remained unchanged while shipments showed a gain. FUELS Increased production of coal during July was largely responsible for the 3 per cent increase in the Federal Reserve Board's adjusted index of mineral output. The output of bituminous coal showed an upturn during the month, but still amounts to only 60 per cent of the July 1931, output. Anthracite production, in- creasing more than seasonally, was 19 per cent above the output of the previous month. However, the monthly output is still 40 per cent lower than a year ago. PAPER AND PRINTING Employment in the paper and printing industry revealed a slight decrease during July. Pay rolls were also under the level of the previous month. Newsprint output was seasonally lower. Production of American mills was off 13 per cent from June and 25 per cent from July last year. Shipments also declined from the previous month and the same month a year ago. Stocks of newsprint, totaling 33,369 short tons, were lower than in both comparative periods. CEMENT, CLAY, AND GLASS Employment in the cement, clay, and glass industries during July remained close to the levels of the preceding month but wage payments were much lower. Production of Portland cement during the month declined by more than the usual seasonal amount and was 45 per cent lower than a year ago. The ratio of production to capacity was 33,4, which was 6 per cent lower than the month of June and 46 per cent lower than July, 1931. Increased activity was noted in the terra-cotta industry during July, when the tonnage of new orders showed a marked increase, the first since February. 90.6 116.1 91 128 733 821 99 87 i 121 ! 164 101. 7 107. 3 70.3 67.8 67.3 65.6 64.6 64.5 57.4 54.9 51.2 50.2 48.3 48.9 38.7 16.9 31.9 45.9 17.2 26.3 55.7 37.4 29.6 26.2 32.9 24.9 62 72 56 45 51 68 72 96 92 85 50 57 533 447 345 377 312 310 448 572 379 347 257 361 70 62 65 74 66 69 74 70 70 71 67 64 122 160 107 161 102 i 159 116 i 159 :?2 I 155 121 149 93. 0 93.0 91. 1 91.0 89.7 89.2 93.6 93. 1 90.4 91.4 90. 6 91.0 61.8 61.2 59 2 56.4 54.1 51.0 48.3 44.5 45.0 42.6 39.1 35.9 32.3 28.8 20.5 32.9 27.9 13.8 18.5 14.2 18.7 28.8 15.7 38.3 21.4 24.5 11.1 16.5 59 38 33 41 39 37 25 47 44 52 51 32 22 27 209 220 246 150 165 163 162 248 250 195 199 152 174 114 54 58 81 81 49 58 63 70 55 49 Si 88.3 87.2 86.2 85. 7 84.3 82.8 81.4 85. 5 83.5 82.4 79. 7 77.0 72. 9 69.1 94, 247 87, 157 100, 034 91,235 88, 087 55 111 109 109 112 109 105 105 103. 1 94. 6 S5.1 113 0 99. 2 78.6 QO i li f s| Monthly average 19221924=100 l! II Production, adjusted Thousands of dollars Pay rolls, unadjusted A ftg "§• £5 Short • Monthl v average tons '. 1923-1925=100 Monthly average 1923-1925=100 140 141 136 144 140 146 i. Pay rolls, unadjusted j^ £. 5 5"! _ . _. ._ «+&(*, Cement production, * s* adjusted 5* | 90.9 Foundry equipment ! ; Pe1 BiiroWoodworkAni tuCrude leMachine ing mathrami1 peirou m tools chinery cite nous leum reCO-A* 1 fin- Employment, adjusted - Pay rolls, unadjusted 1931.. . printing \ 95.2 thiy e 1923= 100 1930: July. _ . 1931: July August . September October.. .. November December 1932: January February _ _ _ March April May June Julv Mont illy average, January through July: 1 930 I Paper and Fuels P i £o f i Employment, adjusted K£ 2 Year and month | j Employment, adjusted Machinery "C & 3 MISCELLANEOUS INDUSTRIES 74. 3 66. 4 112 62.7 HO. 1 59. 4 57. 6 55. 9 55.0 49.4 48. 1 46.1 43.9 40.9 37.4 90 83 79 75 67 61 31.1 32.9 32.2 31.7 30. 2 27. 3 24.4 65 56 53 46 46 U, 502 51.6 51.4 50.1 48.4 45. 8 43. 4 43. 1 112,839 99. 2fi5 88, 666 79.2 64. 6 47.7 72.5 52 6 30.0 115 90 53 102,840 99, 548 88, 344 91,241 97. 1 1 7 94,149 93, 861 50 I 104.2 77. 1 56.0 108. 5 67. 3 38. 3 132. 7 (59. 4 20.9 175. 9 73. 9 22. 3 152 85 39 194 85 39 892 41)9 188 471 i 190 87 92 60 55 128 117 i 109 160 151 20 SURVEY OF CURRENT BUSINESS September, 1932 MOVEMENT OF PRICES WITH RELATION TO WORLD STOCKS OF RAW MATERIALS AND FOODSTUFFS Monthly Average 1923-1925 = 100 Price indexes * Combined Index Year and month January February March \pril May June 1927 - - - - Julv \ugust September October November December.. Monthly average 1929 January February _ _ _ March \pril Mav June Cotton Rubber Silk Sugar \ Tea 96.8 91.2 89.6 88. 7 84.8 83.6 93.9 91.7 94.6 92.6 91.2 89.4 49. 3 51.5 52.9 53.7 59.9 61.8 90.7 89.6 96.1 95.7 95.5 87.2 78.7 84.2 80.1 85.6 81.5 76.7 81.0 78.3 75.1 74.6 76.1 71. 1 82.1 83.7 87.6 91.1 98.2 95.8 80.9 83.4 85.2 84.4 84.0 84.5 82. 3 83.4 83. 9 87.7 102. 1 109.4 107.1 92. 4 90. 6 93.8 93.6 93.7 96. 3 99. 6 81.7 82.2 78. 9 80.4 88.0 95. 2 88.4 73.9 71.9 71.2 71.9 67.1 69.8 93.4 66.2 74.6 80.1 77.6 74.6 72. 1 64. 5 76. 1 68.6 68. 6 75.3 72. 1 71.3 72.8 73.7 S8.9 100. 2 113.5 108.2 104. 4 98. 5 96.9 109. 2 111.2 113.7 _ . 82 8 79. 1 80.7 80.4 81.6 79. 4 116.7 117.6 100.1 f.9. 9 100. 1 101.2 102.7 105.0 69. 9 68.0 71.7 74.6 79.8 78.7 94.3 76.7 62.8 44.4 44.5 45. 9 71.9 73.9 72.6 75.3 69 8 67.8 67. 8 61.8 68.3 66.3 66. 8 6? 8 117.6 117.6 117.2 116.2 114.2 114.7 105.0 105.0 106.4 109.9 114. 1 114.5 79.0 71.0 68. 0 72. 1 73.2 75. 4 45. 4 45.6 43.3 44. 1 42. 8 42.1 . 78.1 74.0 72 8 741 74 4 74.8 77. 7 11-1.8 i 105.3 73.5 52. 7 67. 8 67.8 71 2 7L9 70.5 69. 8 70.9 75 7 77.4 79. 6 75 7 72 3 70 9 118.6 121.6 122. 6 121.1 117.6 115 2 120.0 1 28. 2 153.7 141.0 128. 6 128. 6 74.3 74.3 77.9 73. 9 71.7 69.1 47.2 56. 1 57. 5 49. 6 50. 3 48.3 75 1 75.0 75.5 74.1 68.2 69.0 11.1.2 109.7 110.7 103.8 88.0 75.1 128. 6 128. 6 128.6 128. 6 128.6 1 28. 6 68.4 68. 8 69. 5 68.4 64.3 63.6 74.0 109. 6 131.0 68.4 64.0 63. 1 62.5 58. 5 54.0 3 7 ^2 72.2 69. 2 66.2 128. 6 128. 6 128.6 112. 9 92' 3 87.1 50.4 48.0 44.3 44.2 44.0 43.4 53.7 65. 3 58.3 60. 3 67.7 57.8 51.9 65. 5 79.7 40.8 40.8 39. 9 39.0 37 3 36.7 36 9 33.3 ; 32 0 32.0 i 32.1 29.6 - - - _ - July \tlKUSt September October __ _ November December Monthly average 1930 January February March .__ .. \pril May . June Julv August September October November December.. Monthly average 1931 January February March April Copper 80.2 79 9 80.3 80.7 83.1 81.3 _ - July _ . \ueust September October November December Monthly average 1928 January February March April Alav June - Coffee - _ _ _ - June Julv August September October November _ December Monthly average 1932 January ._ February March April -.- _ _ May June - - July - Tin Wheat Revised stock indexes 2 ComRubber, Sugar, bined adjusted adjusted Index 132.2 137.4 137.9 135.3 134. 3 134. 1 101.7 99.8 98.5 99.2 104.9 104.9 136.3 139.2 140.1 141.4 144.3 145.7 135. 1 138.3 141.5 146.6 151.6 153.1 139. 6 152.2 160.2 163. 8 175. 6 172.1 127. 4 128.3 122.3 116.4 114. 6 116. 3 128.0 i 102.3 101.7 96. 0 C4.7 93.4 94. 1 151.5 154. 5 147.8 ! 143.7 147.5 143.6 169. 9 169.5 171.3 171 6 177.6 170.0 99.3 144.6 152.8 156. 3 158. 5 160.4 157.9 155. 6 150.6 : 89.6 87.9 87.4 82.3 86. 3 81.6 110.7 104. 4 103. 8 104. 2 102.5 95. 4 94.7 92.8 96. 0 101.1 98. 5 93.4 142.7 143.6 145. 3 148. 1 151.8 154.2 152.0 i 150.3 i 146. 0 144.7 142.7 144.6 160.3 "UW 0 170. 5 163.6 \ m.l 60. 1 59. 4 55. 4 53.4 52.1 53. 9 60.7 80.2 78.8 89.3 87. 6 90.8 87.6 85.8 I 93. 6 95. 5 95. 6 97.5 101.2 99. 9 150.0 146. 1 151.3 154.3 ! 156.2 161.4 170.9 171.1 175.3 182. 1 183. 7 186.3 150.4 142.7 143. 6 139.1 134. 9 140. 9 146. 6 144.0 • : ! j i i 100.4 89.6 80 1 80. 1 82. 0 82. 0 80.1 89.2 69.8 71.2 69. 8 71.9 66. 7 68. 8 50.6 48.9 4S. 4 46. 6 45.4 43.6 94. 3 92. 6 92. 1 83 3 85.8 83.3 79. 5 73.7 74.4 163.8 162.2 163.7 161.5 168. 8 168.3 149. 9 152.0 153.9 153. 1 159.3 161.3 i 80.6 97.8 68 2 97 2 91.4 87.4 88. 0 68. 1 70.9 71.6 68. 8 65.4 64. 0 52.4 51. 1 55. 4 55. 6 48.6 49. 6 83.6 i 172.6 i 163. 2 164. 3 173.2 184.1 187. 1 192.7 166.2 1 49.7 92. 3 92'. 8 80. 3 84.2 80.0 79 2 89.9 169.0 172.3 176. 2 186.3 187.9 191. 7 68. 9 76.7 78.0 78.7 77.0 73.6 71.4 83. 2 89.6 90. 3 87.1 I 86.5 79.5 1 89. 6 70.4 49.9 48. 2 47.7 46. 1 38. 9 37.8 48.1 63. 6 57. 7 55. 5 59. 9 60. 3 53.3 35.7 37. 1 35. 9 35. 0 33. 3 29.2 64.7 61.9 63. 3 58. 5 55.0 45.4 48. 6 45. 1 45.4 41.9 35. 9 34.7 73. 6 72. 1 83.5 87.7 80.6 73.7 77.4 76.9 73.2 71.8 63.9 60.3 89.0 : 78.8 75.6 76.3 72.5 ! 69. 9 195. 4 196. 4 202.7 206. 6 216.2 228.4 200. 6 211.1 215.4 224.8 224. 4 233. 6 1 i : 1 241. 8 236. 8 235. 4 240. 7 241.0 260. 4 74" 5 69. 4 73.1 74.5 93. 9 1 48. 5 44.5 40.1 39. 3 40.4 37.1 50. 0 26.3 23.3 19.4 19. 2 21. 1 21.2 28. 1 41.3 41.3 33.7 35. 1 34. 4 37.8 47. 7 31.4 29.4 28.2 71.6 74.1 82.6 83.0 78.1 76.2 78. 1 59.3 59.7 59.0 53. 4 51. 5 50.3 63. 1 67.4 ! 66.7 | 58.5 54. 7 51. 5 47.0 67.3 227. 9 233. 6 237. 2 229.0 231. 5 234.9 220.0 241. 1 ! 251. 8 260. 2 : 255. 9 254. 1 258. 4 | 236. 0 266. G 275. 5 278. 7 275 8 278. 7 298. 8 260. 9 48.4 47.0 42.5 42.5 46. 0 47.9 71.2 70.3 71.2 67.9 62.7 58.1 37.5 40.4 40.1 37.5 34.2 33. 1 19.5 18.0 18. 1 15. 1 15.2 14.9 39. 2 37. 8 35.8 31.7 31.7 34.4 34.2 92. 6 61.2 60. 6 67.8 62. 6 50.2 51.9 52. 3 53. 9 50.0 46.2 46.6 43.2 1 44.5 42.6 45. 1 45.8 42.6 240. 0 243. 3 248.8 247.3 260. 1 262. 3 266. 1 274.4 275. 0 278. 8 290. 7 296. 6 ! ' 302. 3 304. 6 298. 0 305. 0 306. 0 315.0 46.0 55.7 52.7 50.5 49.0 47.4 47.6 58. 7 34.2 26. 5 23.9 23.5 23.9 23.2 33. 0 35. 1 32.3 31.7 32.3 27.5 37.4 36.4 35.2 35.2 33.7 28.2 33.3 49.8 51.2 49. 1 45.3 45.4 42.5 48. 7 263.2 261.9 251. 4 ! 259.7 i 264. 9 264.4 33. 5 47.9 60.4 66. 6 57. 9 47.7 42.4 59. 8 39. 4 33. 7 33.7 37.5 40. 7 36.2 31.5 14.9 12.6 11.9 11.4 10.9 10.9 14.5 40. 4 255. 6 300.3 301. 1 306. 3 ! 321.5 329. 3 332.3 297. 7 i 318. 8 325. 9 321. 5 317.7 315.0 308. 7 311.5 51.0 43.2 41.6 40.3 37.9 37.2 36. 5 24.3 25.0 25.0 22.8 21.0 19.5 21.3 10.3 9.4 7.8 7.1 7 2 6. 2 6.8 2/ . 3 26.4 22.6 i 19. 9 17.2 16.7 17.2 28.2 23. 4 19. 2 15.7 14.7 18.7 43.4 43.8 43.5 38.3 41. 7 39. 1 41.6 35.0 38.1 40. 1 40.7 38. 8 35. 0 34.3 268. 5 263. 7 276.0 ! 273. 5 285.9 286.3 348.3 I 351. 5 339. 3 ! 341. 7 344. 4 332.2 320.8 302. 9 304. 9 307. 1 321. 5 330. 1 340. 7 in. 7 I -! 41.0 35.9 39.5 38.6 39.5 42.5 43. 5 30.0 29 1 i 28. 4 27. 1 28.3 26.6 3 25. 3 45.5 45.0 44.5 47.9 51. 4 50.4 51.4 1 i \ \ 35.' 2 32.2 36. 7 31 ! 9 32.2 29.4 32.9 90! o 40.4 36.9 42.9 47.9 42. 9 28. 3 27.3 ! ! ! ' 1 f>f>. 1 173. 1 ! i ! ! i ! ! ! 1 ! ! : : 202. S 203. 0 193. 1 186. 0 213.4 210. 7 217.2 212.9 220. 7 224. 0 233. 1 240. 7 213.1 1 The composite price index is made up for the same commodities that are included in the index of world stocks of raw materials and foodstuffs to show the relation of stocks to prices. In combining the series in the general index, the same weighting was used as for the stock index. A study of the movement of the stock index and the price index over the period covered—1920 to the present—reveals a very close proportional inverse correlation between the two movements and indicates the important effect of changes in the level of stocks on prices. In some of the individual price series, however, artificial control tended to counteract the effects of stock movements for certain periods. The prices used in preparing the index are those quoted in representative world markets as follows: Coffee, Santos No. 4, spot, New York; copper electrolytic, New York; cotton, middling upland, New York; rubber, smoked sheets, spot closing, New York; silk, Japanese 13-15, New York; sugar, 96° centrifugal c/f, New York; \vheat, imported red $ 2, parcels at Liverpool; tea, average of daily closing prices, all tea at London; and tin, Straits, New York. These indexes will be carried in the Survey each month, with the stock indexes currently shown, when the next revision of material is made in the December issue. 2 The revision in the combined index of world stocks of raw materials and foodstuffs resulted from seasonal adjustments in the indexes of rubber and sugar. The former was originally shown without allowance for seasonal movements. An adjustment of the seasonal factors for Javan stocks resulted in some change in the index of sugar stocks from3 March, 1927, forwardPreliminary. Lack of space prevents showing the figures for earlier years. 21 SURVEY OF CURRENT BUSINESS September, 1932 WEEKLY BUSINESS INDICATORS [Weekly average, 1923-1925=100] 1932 Item 1930 1931 1929 1933 Item Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 24 29 22 23 31 27 20 13 15 30 Business activity: New ^ ork Times* Business week* ^ Commodity prices, wholesale: Dept. of Labor, 1926= 100— Combined index (784) Farm products (67).. _ Foods (122) Fisher's index 1926=100— Combined index (120) _ _ . Agricultural (30) Nonagricultural (90) _ _ Copper, electrolytic Cotton, middling, spot Iron and steel, composite-Construction, contract awards (da. av.) Distribution' Car loadings Employment: Detroit fac- 52.2 52.2 70.7 71.9 72.4 87.3 87. e 108.7 108.7 53.3 54.5 71.0 71.4 73.6 86.8 88.9 108.8 111. 4 65.4 65.2 49.9 49.4 61.8 62.5 61.9 46.9 63.5 37.7 32.0 70.7 61.8 46.9 63.4 37.7 27.6 70.7 61.9 47.4 63.0 37.7 26.5 70.9 69.4 58.3 72.4 52.9 24.6 75.0 69.5 59.0 72.5 52.9 25. 7 75.0 83.3 86.5 81.3 77.5 41.9 79.4 82.8 96.9 85.8 103.0 80.8 93.4 77. 5 129. 0 41.2 71.0 79.7 88.2 97.0 103.5 93.3 129.0 68.8 88.2 51 5 85 1 31 P 26 5 64 1 127 3 54.1 53.4 79.7 78. 1 77.6 102.7 98. 1 121.2 118.7 32.9 Fi nance: Failures, com'l (number) __ 159.2 159. 7 164. 6 Security pricesBond prices (da. av.) 92.1 89.9 87.3 Stock prices (da. a v.) 67.7 61.0 59.7 * Computed normal = 109. 68.9 57.0 72. 1 52.9 26.5 75.0 50.0 127.0 53. 2 83.0 107.1 109. 1 110.8 115.7 107.1 89.7 98.0 103.6 103.9 104.7 108.3 108. 0 103.0 103. 0 126.5 128.0 128.9 206.2 202.5 308. 1 301.2 ^Latest weak is preliminary. 1931 1930 1939 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug Aug. Aug. 22 15 30 23 31 24 20 13 29 27 Finance— Continued. Banking — Debits, outside N. Y. C. (da. av.) 53.2 59.2 54.3 75. 4 82.4 81.5 92.2 108.0 130.1 136. 0 Federal reserve reporting member banks-Deposits —• Net demand 89.9 89. e 89.4 109.2 109.3 110.6 112.7 112. £ 107.5 108. 2 Time 124.3 124. 2 124. 3 154. 8 155.7 156.7 164.1 163. 4 149.2 148.2 Loans, total 86.6 87.3 87.7 114.7 114.7 114.8 134.4 134.4 135.6 135.5 Interest rates —• Call loans (da. av.) 48.5 48.5 48.5 36.4 36.4 36.4 48.5 56.5 209. 1 160.6 Time loans (da. av.)_.. 34.3 34.3 34.3 40.0 37.3 34.3 74.3 74.3 205.7 202. 9 Money in circulation (da. av.) _ . _-. 117.5 117.9 117.9 103.2 102.3 101.3 92.4 93.0 98.6 98.4 Production: Bituminous coal (da. av.) 48.4 45.7 73.3 69.6 68.4 88.6 83.1 106.5 99.4 86. 0 84 9 98.3 98. 6 97.8 101.4 101. 5 105.7 105. 0 Electric powerf 38.7 36.9 66 8 67 5 Lumber X Petroleum (da av ) 101 3 102 9 84.1 125.2 120.0 118. 1 118.6 142. 7 142.4 18.4 19.7 40.8 42.1 43.4 76.3 76.3 115.8 117. 1 Steel ingots Receipts, primary markets: Cattle and calves 76. 3 71.8 63.6 99.7 92.4 75.3 96.2 76.0 92.1 94.0 Hogs 51.6 51.0 55.8 61.3 56.7 53. 5 58.7 58. 1 74.3 66. 1 Cotton 58.1 40.8 36.9 50.0 31.5 18.5 119.6 91. 2 53. 1 51.9 Wheat 125.0 137.7 144.7 [49.3 162.3 169.8 222. 3 174. 4 233. 5 X Average same week 3 latest years = 100 t Weekly average 1928-1930=100. WEEKLY BUSINESS STATISTICS Item COMMODITY PRICES, WHOLESALE Copper, electrolytic, New York dolls, per lb-_ Cotton, middling, spot, New York dolls, perlb.. Food index (Bradstreet's) dolls per Ib Iron and steel composite dolls, per ton-Wheat, No. 2, hard winter (K. C.) dolls, per bush__ Banking: FINANCE Debits, New York City . mills, of dolls -_ Debits, outside N'ew York City mills, of dolls -_ Federal reserve banks — Reserve bank credit total _ mills, of dolis _ Bills bought ..... mills, of dolls.. Bills discounted mills, of dolls.U. S. Government securities mills, of dolls .. Federal reserve reporting member banksDeposits, net demand mills, of dolls Deposits, time mills, of dolls Investments total nills of dolls U. S. Government securities nills. of dolls.. Loans total nills of dolls On securities nills. of dolls. _ \ilother nills of dolls Interest rates, call loans per cent Interest rates, time loans per cent._ Exchange rate, sterling (da. av.) .".dollars.. Failures, commercial number _ Money in circulation mills, of dolls.. Security markets: Bond" sales, AT. Y. S.E thous. dolls, par value.. Bond prices, 40 corporate issues dollars.. Stock sales, N.Y. 8.r E ttnus. of shares. . Stock prices (50) (A . Y. Times) dolls, per share-Stock prices (421) (Standard Statistics) 1926—100 Industrials (351) 1926=100.Public utilities (37) 1926=100-Railroads (33) . 1926=100.PEODUCTION, CONSTRUCTION, AND DISProduction: TBIBUTION Bituminous coal (da av ) thous of tons Electric power . _ mills, of kw. -hours Petroleum thous. of bbls._ Steel ingots per cent of capacity-Construction contract awards (da. av.) thous. of dolls. _ Distribution: ExportsCorn .thous. of bush.Wheat.. . _ _ thous. of bush Wheat Hour thous of bbls Freight-car loadings, total • cars Coal a n d coke _ _ .. cars _ Forest products cars Grain and products _ cars Livestock cars _ Merchandise, 1. c. 1 cars Ore . ._ , . cars Miscellaneous . ._ cars _ Receipts — Cattle and calves thousands.. I logs thousands Cotton into sight thous. of bales Wheat, primary markets _.. thous. of bush-Wool, total, Boston thous. of lbs__ 1939 1930 1931 1933 1938 Aug. 27 Aug. 20 Aug. 13 Aug. 29 Aug. 22 Aug. 30 Aug. 23 Aug. 31 Aug. 24 Sept. 1 0.052 .087 1.75 29.26 .47 0.052 .075 1.75 29.26 .47 0. 052 .072 1.76 29. 34 .49 0.073 .072 2.14 31.04 .42 0. 073 .067 2.19 31.04 .44 0.107 . 114 2. 78 32.88 .83 0.107 . 112 2. 77 33. 00 .80 0.178 .193 3.33 36.52 1.20 0.178 .187 3.35 36. 52 1.22 0.145 .191 3.44 35.10 1.06 0.145 .191 3.41 35. 01 1.04 2, 637 2,468 2,971 2, 746 2,867 2,519 3, 495 3, 497 4, 273 3, 820 4,900 4, 275 5, 729 5, 010 10, 348 6, 037 10, 910 6,305 8,017 4, 794 7, 60S 5, 202 2,959 35 427 1,851 2,930 36 443 1,851 2,881 39 452 1,851 3, 658 181 242 728 3,643 155 231 728 3, 120 163 193 602 3,107 159 196 602 3,149 157 974 145 3, 143 132 986 149 2,765 184 1, 039 209 2,761 184 1, 037 24)7 10, 862 5, 635 7,671 4,491 10, 828 4,518 6, 280 2 00 1.50 3. 46 6. 48 5, 706 10, 819 5, 633 7, 671 4, 499 10, 909 4, 583 6. 326 2 00 1. 50 3. 48 650 5,725 10, 794 5,638 7, 664 4, 482 10, 958 4, 609 6, 349 2.00 1.50 3.47 670 5, 725 13, 195 7,017 7, 695 4,078 14, 335 6, 477 7, 858 1.50 1. 75 4. 86 436 5, 013 13, 196 7, 058 7, 663 4, 031 14, 338 6. 453 7, 885 1. 50 1. 63 4. 86 444 4, 969 13, 606 7, 439 6, 329 2, 909 16, 793 8, 350 8, 443 2.00 3.25 4.87 471 4,486 13, 627 7, 408 6, 340 2, 922 16, 795 8, 289 8, 507 2.33 3.25 4.87 436 4, 475 12, 985 6, 766 5, 456 2, 707 16, 950 7, 515 9, 434 8.63 9. 00 4.85 365 4, 790 13, 065 6, 720 5, 485 2, 723 16, 938 7,510 9, 428 6.63 8.88 4.85 399 4,778 12, 829 6, 839 5, 925 2, 903 15, 791 6, 740 9, 051 7.38 6.50 4.85 389 4, 769 12, 785 6, 823 5, 930 2, 904 1 5, 750 6, 745 9,011 6.88 6. 50 4.85 377 4. 752 86, 718 82.51 20,951 65. 76 57. 7 55. 1 91.3 34. 7 6G, 559 80.48 12, 998 59. 22 52. 3 50. 4 83.5 27.8 83, 501 78.21 23, 505 57. 96 53. 5 52. 1 84. 2 27.5 51, 108 92. 81 4, 764 122 87 95. 8 89. 0 155. 1 64.4 46. 582 93. 07 6, 927 124. 31 97.2 90.6 156.1 65. 8 43, 543 97. 01 8, 843 200. 23 149. 5 140. 4 216.0 122. 8 38. 990 96. 68 8, .832 196. 66 149. 1 139. 9 216. 5 121.5 55, 580 92.25 20, 325 299. 18 226. 9 218. 9 314. 0 173. 5 55, 722 92. 28 23, 688 292. 53 222.5 214.6 311.7 167. 1 40, 230 96. 13 20, 242 200. 42 154. 1 159. 1 152. 9 130. 2 41,897 95. 98 17, 39S 195. 59 150. 9 155. 3 150. 9 128. 2 825 1,432 2,111 14 779 1,415 2,144 15 1,249 1, 638 1,752 31 1, 186 1,643 2, 608 32 1, 509 1,688 2, 461 58 1,416 1, 691 2,471 08 1,814 1, 761 2, 973 88 1, 692 1, 750 2, 966 89 1, 598 1, 586 2, 503 77 1,571 1, 576 2, 4 1 i 5,081 4,260 10, 296 109 752 84 335 706 74 518, 642 87, 405 15, 678 38, 144 18, 437 169, 946 7, 225 181, 807 57 835 78 512, 431 82, 568 15, 435 40, 886 15, 758 167, 835 8,051 181,898 36 1, 064 150 763, 764 139, 271 28, 036 40, 453 24, 248 214, 627 34, 927 282, 202 30 2,184 112 748, 600 122, 110 27, 235 44, 741 24,192 214,010 35, 724 280, 588 49 6, 361 226 984, 510 177, 362 42, 824 59, 658 24, 554 239, 322 55, 748 385, 042 241 335 151 227 331 106 9,934 16, 796 201 362 96 10, 940 4,940 315 398 130 11, 498 7, 934 292 368 82 11,860 3,409 304 381 311 13, 494 13, 651 ... 4~290~ 20, 444 13, 668 291 482 138 13, 857 8.263 75 18, 054 215 64 53 209 3, 104 4, 493 5, 004 2,782 200 230 337 197 940, 558 1, 162, 100 1, 137, 966 1, 116, 711 186, 786 160, 766 201, 559 187, 916 69, 663 41,376 69, 823 66, 889 61, 831 57,314 57, 975 53, 496 26, 202 21,842 27, 690 26, 828 236, 423 266, 743 261, 800 263, 436 75, 736 55, 087 68,610 75, 237 455, 948 444, 856 468, 414 367, 089 240 377 237 17, 665 2.846 Aug. 25 297 429 135 18, 553 9, 380 307 360 186 15, 520 9,380 138 3,266 133 1, 080, 698 182, 457 67, 074 56, 180 26, 953 257, 289 66,011 424, 734 300 373 110 15, 972 4,578 22 SURVEY OF CURRENT BUSINESS September, 1D32 Monthly Business Statistics The following summary, showing the trend of industrial and commercial movements, represents a continuation of the data in the 1932 Annual Supplement of the Survey of Current Business which contains figures for earlier years and explanations of the sources and basis of the figures quoted. Later data will be found in the Weekly Supplements of the Survey. The arrangement of months was changed with the June, 1932, issue. 1932 | Earlier data, together with explanatory J footnotes, may be found in the 1932 \ Annual Supplement to the Survey \ July j July \ * 1931 1932 { October Novem- Decem- January FebruAugust September ber 1 ary j March ber M ay April June BUSINESS INDEXES i i BUSINESS ACTIVITY (Annalist) Combined index Automobile production Bituminous coal production Boot and shoe production Carloadings, freight Cotton consumption Electric power production Pig-iron production Steel inpot production Wool consumption Zinc production normal~100 normal— 100. _ nornial=100.^ normal = 100.. normal = 100. _ normal = 100 normal =100.. normal = 100.. normal^ 100 _ normal = 100. . i normal =100.. 51. 2 31.4 45. 1 81. 8 48. 8 57. 4 68. 2 18.0 19. 3 78. 2 59.6 73. 8 103. 3 74. 0 89. 2 86. 0 47.4 45. 6 129.8 44.8 31.2 73.5 49.4 71.4 103.9 70.7 81.7 81.7 42.0 40.9 115.0 44.3 ! ! : ! i ! : l /0. 8 40.4 69.4 94.5 67.3 83.9 81.8 39.4 37.3 101.3 45.3 66. 3 26. 2 68. 3 74. 4 67. 9 74. 1 78.1 37. 4 35. 5 82. 1 44. 1 65. 1 33. 4 66. G 71. 9 65. 8 72, 8 76.2 36. 3 40. 7 75. 4 41. 9 65. 5 59. 7 64. 6 80.7 65. 6 72.1 76. 9 31. 9 32.7 67.8 43.0 62.8 43.7 57.1 82.3 62.8 70.3 73.5 31.5 32.7 71.0 41.6 62.6 33.5 62. 5 90.7 61.7 71.5 73.1 31.5 31.1 71.7 41.9 77 76 43 99 92 58 44 108 36 64 95 159 75 72 23 85 92 56 44 88 34 * 72 70 22 67 95 46 47 75 26 68 66 36 47 99 73 S7 71 25 71 70 38 40 98 66 41 79 24 71 70 37 34 91 81 43 91 23 91 159 67 70 95 120 290 95 78 91 156 63 118 92 117 283 68 75 85 149 61 66 83 91 99 140 85 17 94 116 74 59 65 100 141 93 116 91 104 75 62 66 99 136 81 151 83 203 77 67 70 100 144 82 111 67 100 72 85 46 71 68 117 40 46 73 71 26 75 92 56 45 10 61 120 41 45 73 71 36 67 91 48 51 27 27 56 107 33 49 70 68 35 56 90 75 41 89 23 56 107 30 48 67 64 28 53 84 47 34 92 33 60 107 35 48 72 71 45 65 93 75 43 85 27 1 00 159 76 96 93 111 ?82 74 71 155 84 134 89 113 81 66 67 97 149 8* 86 i1 88 113 : 84 69 64 101 140 92 24 89 124 77 54 58 110 141 85 164 86 114. 78 58 63 41 66 116 41 47 12 58 122 38 45 62 : 121 43 45 59 111 35 45 61.6 27.4 74.5 97. 1 60. 1 73.2 72.3 : 2 27. 9 26! 3 60.6 i 41. 3 | 5-52. 8 2*47. 3 44. 5 2>5.7 ['50.1 57. 5 2 68. 3 19.7 20. 2 45. 3 34. 7 56.5 32.7 54.0 289.2 58.2 56.8 70.4 24.9 25.0 45.0 40.0 52. 9 '' 43. 0 47. 7 285.9 51.2 55. 7 67. 9 22.5 23. 1 39. 5 36. 0 • 64 63 45 45 84 61 35 87 30 61 61 ' 57 55 87 , 36 31 2 INDUSTRIAL PRODUCTION (F. E. B.) Total, unad i listed 1923-1925 = 100. . Manufactures, unadjusted... 1923-1925 = 100.. Automobiles 1U2?-1 925 — UK) Cement 1923- 1925 — 100 . Food products 1023-1925— i 00 Glass plate 19°3 1°?5 — 100 Iron and steel 1923-1925=100., Leather and shoes 1923-1 92,') = 100.. Lumber 19LV-1925-HKL. Metals, nonferrous 1923- J 925 - J 00. . Paoer arid printing 1923- ] 925 — 100 ! Petroleum refining 1 923-1 925 = 1CP__' Rubber tires and tubes 1923-1925- 100 Shipbuilding 1923 ]"2"~irO ' Textiles 1923-1925 — 100 ' Tobacco manufactures 1923-1925 = 100.. Minerals, unadjusted 1923-192." = 100. . Anthracite 1923-1925-- 100 Bituminous coal 1923-1925 = 100 _ 1 Copper (mined) 9''3 1925—100 Iron ore shipments 1923-1925 = 100 . Lead 1923-1925- 100__ Petroleum crude 1923-1925—100 . Silver 1923-1925-100 Zinc 1923-1925 = 100 Total adjusted 1923- 19^5 — 100 Manufactures, adjusted 1923-1925—100.. Automobiles 1 ','23-1925 = i('0__ Cement ' 923-1 925 - 100 Food products 1923-1925 = 1 OX _ Glass, plate 1923-1925] 00 Iron and steel l ( 423-19"5 — loo Leather and shoos 1923- >925 = l» i). Lum ber 1 923- i 925 — 1 00 Metals, nonferrous 1 923 -1 9J." = H >' L . Paper and printing 1923-1925— It 0 , Petroleum refining 192° I'1' f — i f ' 1 Rubber tires and tubes 1923-1 ;;15 = l o o _ _ Shipbuilding 19°3-1925— 100 Textiles r-*"5 1<;°5 — ]00 Tobacco manufactures 1913-1925- 1 00. _ Minerals adjusted 1928-i925 — 100 \nthrarite l t '23-r <r '5- KiO Bituminous coal _ _. . . 191-3-1 925 =1 00 Copper (mined) l ( J 0 j l u ' ? 5 — loo Iron ore shipments 1923—1925—1(0 Lead 19^-11!«2".-- 1U) Pf't roleum crude 1 9°3~ 9°5 — 1 00 Sil ver 192.°-! [«k5 = 1 00 . Zinc 1 923-1 u°5 — loo 58 57 35 61 83 80 79 63 110 87 87 54 97 41 62 23 75 2G 03 123 63 45 42 15 29 107 ,"4 bl 59 , 5s ;;;? 50 ' M 25 95 159 111 107 93 131 85 57 67 57 113 60 2123 40 45 82 82 GO 60 87 X8 58 ... i 1 .. _ - 't j i ON I 114 05 55 40 109 160 114 73 100 121 86 70 74 >> :'•' [ K 5 40 56 62 122 47 :.i s 49 78 77 56 107 84 76 49 113 40 63 94 ' 161 93 100 94 126 82 62 69 58 120 63 109 45 46 78 78 52 83 88 75 50 102 38 05 161 94 68 99 118 79 62 70 59 59 66 107 45 49 82 101 130 82 66 74 59 99 61 105 40 47 75 40 79 93 45 95 30 65 104 150 80 100 118 77 65 70 60 52 65 102 42 49 2 7<J 6S 68 62 117 43 46 74 66 61 97 98 42 i 68 66 34 38 83 51 39 94 28 ^ 60 2 59 54 65 83 59 25 31 29 94 146 91 94 60 111 65 49 43 90 146 129 100 2 59 128 61 37 40 45 ; 112 42 45 64 i 61 : 35 ! 46 91 ; 3 48 110 35 40 60 59 45 46 8'j 33 6 50 107 2 44 36 59 '-• 59 47 52 S3 5S 32 89 28 80 &2 99 136 73 194 83 109 84 81 70 97 144 70 115 65 109 i 79 81 55 92 140 72 75 59 110 07 49 49 89 H(> 107 80 03 118 Oo 42 45 54 109 31 46 55 109 30 45 45 : 112 45 : 44 ; 109 30 39 82. 0 78. 5 71. 0 82. 7 2 90. 3 94.3 2 78. 1 68. 5 67. 3 80. 2 S3. 7 91.5 2 78. 1 ! ' ' j : 105 : 45 37 INDUSTRIAL CONSUMPTION OF ELECTRICAL ENERGY Consumption, by geographic sections: 77. 4 97. 9 Total, United States 192>1(J25 = 10C__ 69. 3 95. 7 Middle Atlantic. 1923-1925-100 . fr New Fn iand l c )°3 1925 — IOC Gt.l 100.6 77. 5 92. 1 North Central 1923-1 925 = 100.. 86.0 117.5 Southern 1923-1925 = 100.. 2 104. 0 Western _ . _ 1 923-1 91'5 = 1 CO . 89. 2 Consumption bv industries: 77. 4 97. 9 Total, all industries 1 923-1925 = KXL. Automobiles, including parts and acces66. 0 55. 9 sories 1923 1925 = 100 Chemicals and allied products 125. 7 137. 7 1923 1925 — 100 j Food products 1923-lC'2o = l U O _ _ ; 122.0 j 147.0 73. 7 83. 8 Leather and products 1 923-1925 = 100.. 69. 2 76. 9 Lumber and products 1923-1925 = 100.. 2 Revised. 97. 3 99.5 89.9 90.0 112.8 108.8 100. 4 104.0 97.0 92.6 113.8 102. 3 97.1 103.3 87.5 87.4 113.2 102.2 98. 8 99.6 86. 4 89.5 119.3 111.0 89.1 89.2 ! 84. 2 85.2 100. 0 98.3 93.9 89.6 87. 2 89.5 108. 1 106. 0 98.8 95.4 93.0 93.1 106.7 103.7 88.0 84.2 83.7 82.4 95.2 97.0 84.0 , 80.5 73.1 78.3 93.9 96.2 97.3 100.4 97.1 98. 8 89.1 93. 9 98.8 88.0 84.0 82. 0 43.6 53.7 57.4 65.5 78.1 83.6 85.3 72. 8 64.4 69.3 65.9 137. 6 146.4 77.1 79.4 144.6 142.0 81.9 S2.2 142.0 136.5 81.8 82.2 138.9 144. 0 75.2 76.4 i 118.2 124. 8 79.2 67.0 134.3 127.2 67.6 81. 9 137.1 129.5 90.6 86.8 125. 1 114.9 86.7 78.2 125. 0 117.5 73.9 76.1 129.9 116.3 74.7 77.8 i 123.8 118.4 65.7 70.0 SURVEY OF CURRENT BUSINESS September, 1932 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey 1932 1932 1931 Novem- j Decem- January August ; Septemher ber I October ber July I July February March April June May BUSINESS INDEXES—Continued INDUSTRIAL CONSUMPTION OF ELECTRICAL ENERGY— Continued Consumption bv industries— Continued, -v.etals, group 1923-1925 = 100.. Electrical apparatus 1923-1925 = 100.. Metal- work ing plants 1923-1925 = 100. . Rollins mills and steel plants 1923-1925 = 100 Paper and pulp 1923-1925 = 100— Rubber arid products 1923-1925 = 100 Shipbuilding 1923-1925 = 100 Stone, clav, and glass 1923-1925 = 100. _ Textiles 1923-1925 = 100.. ! ! 52.2 79.2 51.0 74.5 133. 4 69.3 75.0 126.9 73.3 76.2 132.6 ! 75.0 I 73.0 130.4 71.0 7 6.4 15 6. 9 7 6.0 70.6 i 123. 5 70.9 i 71.3 120. 0 72.7 76.0 122.2 74.8 66.0 2 102. 9 64.8 61.6 2 95. 6 59.7 58. 1 2 92. 8 55. 8 54. 1 83. 1 2 55. 8 53.9 93.0 95.6 82.5 80.6 55.0 83.1 104. 0 97.4 82.0 104.8 98.2 78.0 121. 7 98. 5 85.6 105. 9 95.0 78.3 138.3 88.0 88.9 113.9 98.7 76.3 113.0 82.8 84.5 113.4 98.2 7 7. 0 15 6. 1 i 3.5 £ 5.0 11 3. 8 t 3.4 70. 0 107. 0 79.2 j 94.6 76. 8 89.8 1 77. 6 109. 3 104.0 93.2 77. 1 87.8 78.2 116.1 112.0 99.2 90.0 96.8 69.0 114.4 96.8 84. 5 81.0 86.0 64.7 105. 5 88.3 91.1 98.7 69.6 61.8 102. 7 95. 5 96. 8 97. 9 62. 8 55.8 2 95. 8 120. 7 85. 1 2 87. 1 55. 2 i ; ! i i 1 MARKETINGS Agricultural products 4nimal products Dairy products Fish Livestock Poultry and eg^s Wool Crops Cotton Fruits Grains Vegetables Forest products Distilled wood Lumber Naval stores Pulpwood i 1923-1925 = 100.. ..1923-1925 = 100 _ 1923-1925 = 100.. 1923-1925 = 100— 1923-1925 = 100 1923-1925 = 100. 1923-1925 = 100 1923-1925 = 100 .1923-1925 = 100.. ....1923-1925 = 100.. 1923-1925 = 100 ..1923-1925 = 100. _ 1923-1925 = 100 1923-1925 = 100— 1923-1925-100 1923-1925 = 100— 1923-1925 — 100 53 94 121 152 63 75 384 49 10 76 SO 55 13 52 114 75 ORDERS Orders new 1923-1925 — 100 Iron and steel 1923-1925-100 Lumber and products 1923-1925 — 100 Paper J923-19?5 = 100 Stone, clav, and glass 1923-1925 = 100.. Textiles 1923-1925=100.. Transportation equipment 1923-1925 = 100 Orders, unfilled 1923-1925 = 100.... Iron and steel , 1923-1925 = 1 00, _ Furniture and flooring 1923-1 925 = 100. _ Paper 1923-1925 = 100.. Brick and glass 1923-1925 = 100.. Textiles 1923-1925 = 100 Transportation equipment. 1923-1925=100.. 103 105 124 161 73 89 573 103 23 139 183 103 65 20 61 187 76 85 94 96 189 83 88 260 83 29 155 129 64 64 17 63 142 64 117 92 91 160 88 88 125 119 152 129 80 103 58 22 57 112 57 ! 48 56 35 93 49 87 46 47 33 91 47 90 48 56 31 96 50 99 0 46 53 29 63 27 35 68 ' 1 51 58 38 51 53 34 49 2!) 39 68 41 75 ; : i i ' ! i ! i i ' , i ' ! : \ 153 98 95 117 96 117 47 159 277 97 66 79 ' 57 ! 31 53 ! 97 89 : 207 97 93 141 104 75 50 219 367 191 84 132 63 31 60 114 82 44 43 29 91 44 102 4 44 52 24 63 \ 27 i 34 66 j 41 37 28 ^ 81 ' 42 i 98 ! 5 43 ' 49 26 : 65 25 ; 33 64 97 97 100 80 90 137 40 96 160 63 42 71 51 34 46 90 94 36 36 24 69 36 85 3 40 46 28 37 23 31 i 59 54 111 160 153 77 116 77 48 30 92 44 ' 94 59 37 2 53 : 102 93 | 89 92 103 89 89 78 37 89 133 68 46 82 50 30 46 26 108 75 87 104 114 79 78 39 74 80 75 64 86 51 43 47 24 103 69 88 1C6 180 73 92 28 67 77 69 43 111 53 42 48 30 110 50 62 40 99 56 41 51 68 101 39 34 29 85 35 92 2 43 50 35 45 29 37 61 36 34 22 86 36 92 0 40 48 30 44 27 39 55 36 32 23 85 37 93 1 36 47 24 36 28 33 43 33 32 22 78 35 80 0 34 44 22 34 28 33 43 32 233 19 73 35 81 161 108 128 81 102 108 80 200 124 91 193 95 199 116 191 147 279 159 109 155 110 134 84 98 99 150 108 134 85 1-6 14-i ' 2 JOS 142 268 1 34 251 209 512 T64 520 276 229 339 239 307 121 244 238 90 105 148 75 109 41 46 105 151 139 69 97 212 39 19 61 32 132 53 2 19 2 52 104 63 i 30 32 17 68 35 80 ! i ' i ! ; 30 38 17 31 24 27 i i i o: 32 41 19 32 27 2 2'.) 244 : 42 STOCKS Domestic stocks 1923-1925 = 100.. Manufactured good^ lO/J-l'V — 100— Chemicals ,>nd allied prod. l l )23-l&2^= 100.. Food3 products 1923-1925 = 100 For* l proo'jcts 1^^ i9' r ~100 Iron ind steel product- .... 1^23-1'^ < = 1 00_. Leatl'er 19 '3 \r ' r « — 100 Metals aon f e»rous 19*. 3-1 » r --JOO._ R i ' b b c r piod * jls iSfmp clay, and glass 132 104 111 101 08 137 112 115 97 133 llf 11.') 1-vO 78 .l^-l'^f = luQ__ i'-Oi 1^:5-^-100 _ i 113 89 Cliemir Vb and cdLea pn d 192i-lV» = iOO_. T ood'-lu'Ta 1^3-1925 -H)() 1tJ )} 1 e % ti'e iiPicno'^ -19 ir i-~ luo World '•tPcLb— fcoJrtuiib ind rn^ rna'eri J& 1 Ofcli ill K° 1'JS J93 i 1 > 1*-)°' 10>=;-- j^QO Coliee — adj for sersonul _.U'^i-lf( )25==100.. Copper— un idjus^ed l^J3-l 'J">— iOO__ Cotton— ad] for se tsonal _1<.>2,*-"l1c »J5J — 100__ KuM>er--,idj for •seasonal..f 19^3-r >=1(»0._ Silk— idi for SP i3(mdi-.....l L' s 3-l ( »Jo==100__ Su'^ur— -adj for sei&onal 19^3-1925 = 100— r Te i— id] for seasonal 1923-1925=- 100._ ^ he it— adj for seasonal-. .1923-1925= ICO If 1Q2 1J j 263 I 264 318 j 236 129 77 200 129 102 144 90 155 85 213 US 133 262 44S 1W 234 301 213 326 135 245 233 251 447 173 213 306 2289 32 124 243 203 i5s 10i ' 142 107 118 81 105 123 80 201 128 94 151 87 107 100 204 152 170 ft 2*0 300 207 3,9 1 38 240 i : : : ! ' '• : i : ; i : ' ; ' I 169 i 105 129 67 104 123 82 201 124 93 168 91 • 214 U4 207 167 290 i 166 108 124 72 108 128 So 200 125 9(5 Ififi 97 209 125 201 155 280 260 463 : 265 ' 482 ; 264 512 216 ! 3^2 221 318 122 | 243 I 207 i 227 ' 329 210 315 126 : 243 210 i 216 332 213 30;> 130 246 220 222 348 227 303 124 240 226 207 352 24 i 305 120 246 213 83 1 81 4 72 0 74.8 90.0 77.1 93.9 80 1 70 4 72.1 ; 89.0 76.2 , 93.8 ICO 104 125 68 100 125 80 202 122 9f« 143 87 201 121 212 It '.4 250 i • i ; i ; ! i 1 ' i 1 ; ! ! 87 101 84 107 126 104 192 93 195 JP7 85 200 148 1 ]2 197 11'.' IPi i ! i i ! 291 96 : 101 81 | 2 137 lOt 2 2 us i 'J8 94 103 S3 IS!) 106 Ib'J S2 i 17U , i'3 17s i,"8 ISO 7(> 101 M If* 235 '2'2'2 i\»7 274 2V6 4VS 2K> 218 312 243 P.L"-' 1C3 243 231 2,10 ' 31-1 L'2. 330 121 243 250 87 ISO 1SS 102 i3i : 251 2 332 12 K) 341 235 240 COMMODITY PRICES COST OF LIVING (N. I. C. B.) Total, all groups Clothing Food Fuel and light Housing Sundries-s Revised. 1923 = 100 1923 = 100 1923 = 100.. 1923 = 100.. 1923=100.. 1923 = 100.. 77 0 64 8 69.1 85.3 71.7 92.8 85 9 78 6 81.5 89.3 82.0 95.8 ' ' i; i 85 9 78 6 81.9 89.6 81.5 95.5 85 6 78 5 81. 7 90.1 80.7 95. 4 84 9 75 4 81.5 90.5 80.3 94. fi | '• 83 9 j 74 2 : 79.9 I 90.6 79.3 1 94. 3 1-0 Q 78.2 90.3 78.5 94.2 79 6 69 7 71.9 88.9 75.7 93.2 78 8 6« 4 71.0 87.0 74.6 93.0 77 9 66 9 69.3 85.7 73. 5 93. 3 77 2 65 7 68.5 85.6 72.4 93. 1 24 SURVEY OF CURRENT BUSINESS I 1933 Earlier data, together with explanatory j footnotes, may be found in the 1932 < Annual Supplement to the Survey j July September, 1932 1931 Jaly 1932 Deeen i January | FebruOctober NovemAugust September ber ber ary March i April May COMMODITY PRICES—Continued 1 I 68 I 42 i 99 70 46 79 53 71 50 102 68 i 57 i 76 51 66 45 99 68 > 52 68 49 1 ' | i 189 117 i i 189 ! 114 i 1 FARM PRICES (Dept. of Agri.) Total, all groups 1909-1914 = 100 . Cotton and cottonseed 1909-1914 — 100 Dairy and poultry products. 1909-1914 =100-. Fruits and vegetables 1909-1914—100 Grains ..1909-1914=100-. Meat animals 1909-1914=100 Unclassified 1909-1914 — 100 57 41 64 83 42 72 38 79 71 84 110 57 92 58 75 53 89 97 54 92 60 72 47 93 83 50 86 55 RETAIL PRICES Coal (Dept. of Labor) Food (Dept. of Labor)... 1913 = 100.. 1913 = 100.. 166 101 184 119 186 120 189 119 189 119 WHOLESALE PRICES Department of Labor index: Combined index (784) 1925=100.. Economic classesFinished products 1926—100 Raw materials . 1928=100 Semimanufactures 1928=100.. Farm products . .. 1923— 100 Grains. _. 1925=100 Livestock and poultry 1928=100.. Foods 1928 = 100 Dairy products 1923=100._ Fruits and vegetables. 1928 = 100-. Meats.. 1925=100.. Other products. ._ _ 1928=100 Building materials 1928=100.. Brick and tile 1928=100.. Cement __ 1925—100 Lumber . 1928 — 100 Chemicals and drugs 1926 = 100 Chemicals. 1926=100.. Drugs and Pharmaceuticals. 1926= 100. _ Fertilizer materials 1923 = 100 Fuel and lighting 1923 = 100 Electricity 1926—100 Gas _ _ . . 1923-100 Petroleum products 1928 = 100.. Hides and leather 1925 = 100.. Boots and shoes., .. 1925—100 Hides and skins ..1926=100.. Leather . _ _ 1 928 = 1 00 House furnishing goods ., 1926=100 Furniture _ _ _ ._ 1928=100 Furnishings 1921 — 100 Metals and metal products. -.1928=100.. Iron and steel 1925 — 100 Metals, nonferrous 1923 = 100.. Plumbing and beating equip_192 3 = 100 . Textile products 1928 — 100 Clothing 1928-100 Cotton goods 1926-100 Knit goods. _ 1928=100 Silk and rayon. 1928 = 100 Woolens and worsteds 1928=100.. Miscellaneous... - . 1928=103 Auto tires and tubes 1926 = 100... Paper and pulp 192J — 100 Other indexes: Br^dstreet's (98) 1928 — 100 Dun's (300) 1928 — 100 W holesale prices, actual. (See under respect! ve commodities.) 64.5 72.0 72.1 71.2 70.3 ; 64. 3 40. 1 75. 2 76 1 64 3 69.3 64 9 49.0 63.0 74.0 80.6 74.2 73.4 73.9 78.1 83.4 75.8 67.2 78.9 82.4 62.1 78.7 62.9 97 9 103.5 30.3 89.4 93.5 72.7 89.8 85.7 89. 1 8?. 8 84.3 82 7 61.4 86.8 66.5 76.1 66.8 60.0 43.8 67.4 69.7 46. 0 80. 6 76 4 64 1 63.3 63 5 44 8 67.0 74 6 82.2 73.4 76.0 74 2 77.6 82.9 75 8 66 9 76 9 80.5 61.9 74.4 66 5 98 4 103 2 37.5 88.7 93 5 69.1 90 3 84.9 88 6 81 7 83.9 82 4 60.1 83.8 65 5 75.9 64. 0 59.2 43.7 67.4 68.3 46. 0 80.6 75 9 ! 62 7 66.7 60 5 44. 2 ! 61.0 j 73 7 | 84.61 71.0 73. 6 i 73 9 i 77. 0 | 82.6 ! 75. 8 66 9 76.3 i 79. 8 i 61. 7 l 74. 2 67. 4 100 6 103. 4 ! 38.9 ! 85.0 93. 5 58. 6 83. 4 82. 7 i 84. 6 i 81. 2 83.9 82. 3 1 59. 0 82.6 64. 5 i 75. 5 61. 5 59. 2 I 43.5 65.7! 63. 2 46. 0 80. 7 ! 75 1 61 5 65.2 58 8 i 44 3 57. 6 i 73 3 86.1 63.2 71.1 72 9 76. 1 82.6 75. 1 65 2 75.6 79. 7 : 61.6 70. 2 67. 8 102 1 100 8 39.2 82.5 93. 1 50. 0 80. 7 81. 0 82. 4 79 8 i 82.8 81. 7 54. 9 81.6 63. 0 73. 9 59. 7 59. 2 41.7 61.6' 66. 6 46. 0 80. 5 52 6 68 3 68.0 77 2 65. 7 75 1 64.2! 72. 3 62.6 74. 4 i 70 5 54.7 55.5 47.9 36.7 54.1 60 9 53.2 59.7 62.0 69 7 69. 7 75.9 77.3 53 9 73.0 78.9 57. 6 66. 8 72.3 49. 7 68. 6 84. 4 33.5 60. 0 74.0 73.0 75 1 79.2 77 2 47. 0 67. 1 66. 0 50 0 47.8 21 2 ! 70.2! ! 68. 6 74 8 i 73 3 < 62.0 i 60 2 64.9! 6 3 . 7 1: 58. 7 i 55 7 51. 3 i 47 0 ! 55.7| 51.7! 71.0 ' 69 1 ! 80.7i 79. 8 i 65.1J 63.51 67.7| 63. 2 • 73. 5 72 3 76. 2 | 75. 7 ! 81.4 ! 80. 0 !! 74. 6 j 74. 6 65. 9 1 65 8 76.1 1 76 1 80. 6 80. 8 i 61. 3 i 81. 0 70. 1 i 70. 1 69. 4 1 68 3 ' 103.4 i 104 1 100. 1 i 98 2 i 42.5 ; 39. 6 ! 81.6! 79.8! 92. 5 i 89. 2 49. 0 j 48. 8 ij 78. 8 ! 73. 6 80. 9 ! 78. 5 : 82. 3 i 80. 6 79. 7 i 76 6 82.6 i 82.2 81. 5 i 810 54. 7 ! 53. 8 81.4 i 79.9 62. 2 ! GO. 8 72. 6 '. 70. 8 ' 58. 1 ! 58. 4 j 59. 0 i 5S. 5 i 41.8 ! 39.0 64.2 63. 9 : 63. 7 ! 66. 8 46. 0 40. 8 : 80. 8 j 80. 8 61.2 74. 4 59.8 74. 6 ! 63 45 85 70 ' 52 68 45 189 109 67. 3 j 60 47 77 68 51 65 47 ! [ 61 ^ 60 72 73 51 69 4$ i i j i ' j 189 i 105 ! i ^ 66. 3 j 59 46 70 73 50 66 44 183 '• 105 170 104 j 56 i 4° 66 r ) " ; ! I 80 49 59 43 "•• "* 44 4fp 100> 101 1 » ^ : : i 65.5 66.0; 1 72 1 58 3 63. 1 52 8 46 7 53.4 84 7 67^8 62.2 61.9 71 7 74! 8 79.3 75 2 65 6 75 7 80. 6 60. 6 69. 9 67 9 107 5 9«' 6 38.8 79.3 88. 8 49. 0 77. 5 77. 7 79. 5 76 1 81.8 79 9 55. 4 74.1 59. 9 70. 7 55. 8 55. 8 37.7 63.3 65. 6 39. 7 78. 0 71 4 56 9 61. 9 ; 50 6 ;^ 46 1 50.3 62 5 64. 1 j 61. S i 59. 5 !! 71 3 73. 4 ! 79.3 \ 75. 3 69 9 75 5 80. 8 • 60. 1 69. 8 68 3 104 8 98 0 38.6 78. 3 88. 5 46. 1 76 5 i 77. 5 ; 79 5 : 75 9 i 80.9 79 3 52. 7 65.8 59. 8 70. 6 56. 4 55. 8 36.5 63.1 64. 7 3VL 5 76. 7 7 5 56 1 60. 8 50 2 43 5 51.4 62 3 64.2 62.3 61.4 70 9 73^ 2 79.3 75 0 615 75 3 80. 9 59. 7 68 6 67 9 104 4 97 5 39.8 77.3 88 5 44. 7 73 4 77. 1 79 1 75 4 80.8 79 7 50. 5 64.4 58 7 69 0 56 2 54. 9 33.5 62.7 64. 7 39 2 7H 8 53.2 74, 4 56.6 73. 8 553 72 6 71 1 55 5 59." 6 49 2 44 5 49.2 61 0 61.6 62.3 59.8 70 9 72. 5 78.4 75 0 60 0 74 4 79. 7 58. 9 70 1 70 2 103 5 Q9 1 45.5 750 83 5 40. 8 67 2 76 3 77 4 75 4 80.3 80 1 49. 3 644 57 0 68 7 55 1 51 9 31 3 597 64 7 39 2 76 8 2 535 68 3 64. 4 i r 70 3 53 9 58! 1 46 6 4'> 6 44.4 7d "^ ^5 7 >" 7 •*»» - 59. 6 61. 5 56. 5 70 4 71.5 77. 4 75 0 09 5 73 6 =)' •2 in 7u ") 7» 7~ iT 7i 79. i 58. 69 70 108 103 47. 7 4 " 1 0 2 Contracts awarded, F. R. B.: Total, unadjusted 1923-1925=100 29 11 Residential 1Q23-1925— 100 26 Total, adjusted 1923-1925=100.. 11 Residential ..1923-1925= 100.. F. W. Dodge Corporation (37 States): Total, all typesProjects . _ ..number 7, 003 Floor space thous. ofsq. ft.. 14, 399 Valuation thous. of dolls .. 128, 769 Nonresidential buildings: 2, 084 Projects number 8, 678 Floor space thous. o f s q . f t _ . 48. 9S2 Valuation thous of dolls Public works and utilities: 1, 878 Projects ._ -. number 285 Floor space thous. of sq. ft._ 60, 046 Valuation .. thous. of dolls Residential buildings: 3, 088 Projects number 5, 456 Floor space thous. of sq. ft.. Valuation thous. of dolls.. 19, 741 Engineering Construction: Total contracts a w a r d e d (E. N. R.) ._ thous. of dolls . 120, 458 ^ <>^ "1 Mj" 10 4s ' Revised 10, 663 33, 812 2S5, 997 9, 242 30,631 233,106 2,957 16, 690 105 840 2, 382 15,770 99 940 2, 209 18,723 111,418 2, 145 15,313 99 092 2,048 1, 233 116, 265 1, 719 737 72, 964 1, 800 353 85, 139 5,658 15, 889 63, 893 5,141 14,124 60,203 5,096 12,992 54,553 245,110 148,901 59 32 59 !i 32 52 29 55 30 43 26 49 27 30 20 33 23 25 16 31 19 9, 105 8, 701 30,068 i 30,700 251,110 ! 242,094 7, 014 20, 519 151, 196 5, 951 17,210 136,852 23 ! 15 ! 27 ! 17 63 ° 5? 9 50 5 29. 1 ~ V < 4 i> 27 04. 4 3U. 2 ' - - 51 7 <!3 3 4. 4, 659 12,601 84,798 5, 208 ; 6. 646 12,299 ! 16,924 89,046 112,235 7, 653 13,887 121,705 1,765 9, 290 58, 496 1, 467 1, 481 8, 176 : 5, 379 50 381 33,238 1, 798 , 2 032 6,052 8.205 36,343 ] 49 172 2, 179 6,501 45 515 2 140 l 9,172 ! 53 946 ! » 3^ 1, 288 171 82, 462 992 271 47, 410 977 280 50,307 539 300 24,056 595 ! 839 176 197 28,281 29,854 1,458 211 47,295 1,539 : 182 ! 61,718 > 5< 5,268 15.217 60,540 4,257 10,958 45, 290 3,507 8, 753 36,164 2,639 6, 922 27,504 2.817 6, 071 24,417 4,016 7, 174 28,895 3,734 i 6. 602 25,557 | 2 138, 758 125,131 90,869 76,646; 86,119) 95,605 2 "^ " 7\ ~ 74 u 7" 4 7» ' 7' v 4" ' i» " 31 16 27 14 176,956 ' 225,173 <i ' " ('0 6 74 S 74 1 75 5 80. 1 so 0 43! 3 64.6 26 16 26 15 3,775 8, 523 33,209 t ' s~ " i 63 32 59 33 4 '» 1 ^ 8s 4 ! 68 36 61 35 > '. :•>s t CONSTRUCTION AND REAL ESTATE CONSTRUCTION CONTRACTS AWARDED :>"* >2 31 14 : 20 i 12 i 7. 51 3 i 15.742 , 1. 146^221 i li 1 \ 105, 087 j - 11 25 SURVEY OF CURRENT BUSINESS September, 1932 1933 1931 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey i Septem- October Novem- Decem- January FebrtiA MgllSt ber ber ary i her July March April May June CONSTRUCTION AND REAL ESTATE—Continued Ii l HIGHWAY CONSTRUCTION Concrete pavement contract awards: Total thous. of sq. yds.. 7 238 12,470 Roads only thous. of an. yds.. : a! 230 9, 309 Federal-aid highways: Approved fox construction— Estimated total cost thous. of dolls.. 49, 676 54. 545 Federal-aid allotment thous. of dolls.. 22, 516 23, 850 Mileage, total number. 3, 538 2, 632 Initial number 1,647 1, 628 Stage (added improvement) number.. 1,004 1,891 Under construction — Estimated total cost ...thous. of dolls.. 240, 857 388, 004 Federal-aid allotment thous. of dolls... 112,630 173, 362 Mileage, total number.. 11,237 16,241 Initial number.. 8, 304 12, 207 Stage (added improvement) number.. 2, 934 4, 034 Mileage completed to date number 10 L, 191 89, 871 Balance of Federal-aid funds for new construction thous. of dolls 30, 544 50, 836 6, 005 ' 11, Of 8 5, 457 • 10, 038 10, 360 9, 242 11,068 10, 038 55. 562 25, 235 3, 185 2, 200 985 60, 697 28,014 4, 076 2,111 1,965 69, 732 31,845 4, 200 2,336 1, 864 60, 697 28, 014 4, 076 2,111 1,965 200, 621 83, 245 8,323 6,587 1, 736 100, 523 198,911 93,018 8,440 6,716 1,721 100, 698 234, 043 109, 230 10,512 7, 885 2, 627 101,032 219, 647 103,026 9, 734 7, 617 lOoi 898 234, 043 109, 230 10, 512 7, 885 2, 627 101,032 106, 845 102,411 91,453 61,720 71,383 61,720 159 169 154 160 190 166.2 158 166 153 158 190 162.5 155 164 151 158 189 161.8 154 164 150 155 183 157. 2 153 162 148 154 164 152. 2 152 159 147 153 166 152. 8 150 157 145 1 52 164 152. 2 143 142 172 141 139 136 172 131 132 131 167 162 156 163 158 161 156 161 156 163 157 If2 155 157 150 156 151 157 150 135 33, 203 126 35, 502 119 35,288 79 40, 514 61 39, 225 43 39, 825 45 49, 189 43, 822 (t) 39, 271 (t) 34, 3S9 60.3 63.2 59.0 64.5 57.8 58.8 M.9 54. 6 54. 6 55.2 3,984 232 13 18 160 881 142 973 32 73 53 139 40 89 oZ 3,891 231 0 20 151 888 130 1,001 59 70 41 133 8 69 4.301 234 3 76 169 1,018 128 1, 178 62 71 82 153 31 67 24,004 261 3 88 176 855 104 2 1,116 42 62 87 2168 31 45 3, 632 ''30 0 77 169 783 110 1 030 20 65 77 199 8 30 58 699 96 1 025 4 43 36 183 7 21 89 11 110 828 110 99 0 93 801 97 100 0 86 732 109 102 4 82 692 87 111 17 79 543 85 91 17 46 414 54 7,641 11,622 678 1 781 249 155 182 232 222 128 2,592 1,424 210 203 1 326 2 326 132 78 388 693 187 i 37 38 53 105 97 i 14 51 239 255 186 198 215 i 2fi2 2 Revised. 12. 253 1 382 370 284 197 3,043 206 2 332 145 934 87 65 120 81 256 165 12, 970 1 554 411 349 231 2, 876 215 2,237 133 1,187 90 54 104 124 279 138 181 185 ! 12,958 1 748 368 303 10, 888 1 128 222 253 355 2, 328 217 1 862 68 884 139 27 72 88 463 83 205 7. 675 5, 437 8, 702 6,182 4, 009 2,482 4, 361 3, 559 5, 364 4, 215 2, 524 2,252 3. 255 3, 084 41, 880 18, 584 2,024 1, 373 651 29, 779 11,321 1,374 936 437 29, 174 11, 539 1,445 1,032 413 29, 422 11,966 1, 392 986 406 35,473 15, 134 1,910 1,248 663 44, 401 19, 226 2, 398 1,682 716 47,423 20, 620 2,671 1, 929 742 378, 476 170, 924 16, 091 11,884 4, 207 90, 637 344, 072 155, 508 14,315 10, 659 3,655 93, 072 292, 869 131,690 11,899 9,028 2,872 95, 960 257, 529 115,428 10, 196 7, 928 2, 268 97, 993 216, 850 98, 080 8,672 6,818 1, 854 99, 777 203, 386 93, 716 8, 378 6, 559 1,819 100, 263 27, 125 25, 518 125, 577 121,495 113,879 165 177 162 166 195 174. 4 163 176 160 165 195 171.4 163 174 159 164 193 171.4 161 172 157 162 192 169. 8 160 170 156 161 192 169.3 132 148 146 146 174 144 154 148 164 .155 163 156 161 154 140 ! 144 33,025 i 31,918 CONSTRUCTION COSTS Building costs (Amer. Appraisal Co.): Brick, steei frame . ... 1913=100 Brick wood frame 1913-= 100 Frame . 1913=100 Reinforced concrete 1913 — 100 Building costs—all types (A, G. C.)~1913= 100.. Building costs — all types (E N R) 1913— '00 Building costs — electric light and power construction (Rickey) 1913—100 Building costs—factory (Aberthaw) ..1913= 100.. . Building material costs: Brick house, 6-ioom 191 3= 100 Frame house, 6-room 1913—100. 119 156 141 i 5i 103 * I.W.4 MISCELLANEOUS DATA Construction—employment and wages: Employment, Ohio. (See Employment.) Wages, road building. (See Employment.) Construction, volume (A. G. C'.).. .1913=100.. Fire losses, United States thous. of dolls.. Ship construction. (See Trans. Equipment.) Real estate: Market activity each month 1926=100... JSew financing. (See Finance.) (t) 32, 982 61. 1 59. 8 , (!) DOMESTIC TRADE ADVERTISING Radio broadcasting: Cost of facilities, total thous. of dolls,. \utornotivo thous of dolls Building materials thous. of dolls.. Clothing and dry goods.... thous. of dolls.. Confectionery thous. of dolls-.. Drugs and toilet goods thous. of dolls.. Financial.-thous. of dolls-. Foods thous. of dolls. Housefurnishings thous. of dolls-Machinery _ -_ thous. of dolls Paints and hardware thous. of dolls.. Petroleum products thous. of dolls-. Radios - . __ thous. of dolls Shoes and leather goods thous. of dolls_. Soaps and housekeepers' supplies thous. of dolls. Sporting goods thous. of dolls.. Stationery and publishers. thous. of dolls.. Tobacco manufactures thous. of dolls,. Miscellaneous thous of dolls Magazine advertising: Cost, total. thous, of dolls,. Automotive thous of dolls Building materials thous. of dolls.. Clothing and dry goods..- -thous. of dolls,. Confectionery thous. of dolls.. Drugs and toilet goods thous. of dolls.. Financial -__ _ thous. of dolls. Foods thous of dolls Garden thous. of dolls.. Housefurnishings _ _ _ _ thous. of dolls Jewelry and silverware thous. of dolls,. Machinerv thous. of dolls Office equipment thous. of dolls. Paints and hardware thous. of dolls Petroleum products..thous. of dolls.. Radios thous, of dolls.. Schools ... ... . . . thous. of dolls , 136814—32 4 2, 4C6 ; 137 0 54 560 88 808 8 182 | 0 17 \ 81 i 22 22 378 8, 195 789 224 1 , 865 176 1 4'i5 32 424 70 17 49 53 375 U4 202 2,764 89 32 38 135 453 112 730 39 29 81 96 10 80 i ! i i | j i 1 ' i ! I j 2,527 68 25 32 100 396 98 652 65 37 72 90 18 51 2, 741 65 28 27 109 489 116 665 84 31 57 89 22 124 3, 253 95 37 49 128 650 136 790 59 53 72 107 49 141 3,505 172 31 53 173 687 128 806 72 60 115 50 144 3,599 163 36 51 142 702 136 873 83 68 64 127 62 94 146 31 92 476 87 ' I ! 1 ' 153 33 84 467 79 129 24 138 479 84 122 13 130 513 109 122 16 120 578 104 126 13 138 611 102 11,967 1 604 397 354 328 2, 277 187 2 001 41 842 90 50 98 88 463 174 305 14, 234 1 469 631 444 334 2,665 237 2 634 42 1,231 248 91 167 123 374 313 232 14, 007 1 311 564 399 342 2, 729 251 2 885 32 984 378 72 124 116 404 308 217 11, 073 942 266 283 309 2,238 198 2 020 45 708 381 56 139 29 322 235 186 12,314 i 1 393 ; 515 ! 531 i 426 i 2,658 i 253 : 1 904 59 ; 630 159 10? 170 : 88 445 141 291 ; t Discontinued, 10,008 1 304 295 180 378 2,210 180 1 805 28 453 77 55 88 45 422 114 317 2, 586 196 2 050 95 1, 198 167 48 97 132 373 82 184 17 > 0 26 SURVEY OF CURRENT BUSINESS Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey 1932 I September, 1932 1931 July | July S 1933 m August | ^ '| October ^ ^ January March April { May June DOMESTIC TRADE—Continued ! AD VERTISIN G— Continued Magazine advertising— Continued. Cost— Continued. Shoes and leather goods thous. of dolls.. Soaps and housekeepers' supplies thous. of dolls.. Sporting goods. thous. of dolls.. Stationery and books thous. of dolls.. Tobacco manufactures thous. of dolls.. Travel and amusement thous. of dolls. _ Miscellaneous thous. of dolls.. Lineage, total thous. of lines.. Newspaper advertising: Lineage, total (22 cities) thous. of lines.. Lineage, total (52 cities) .thous. of lines.. Classified .thous. of lines.. Display. thous. of lines.. Automotive thous. of lines.. Financial thous. of lines.. General thous. of lines.. Retail _ thous. of lines.. 59 98 41 95 149 186 J32 57 31 65 158 161 IVO 783 334 963 201 240 547 171 450 1,603 889 117 434 619 231 560 1,911 806 118 410 676 334 562 1,882 470 168 509 593 416 427 1, 626 350 176 271 513 317 331 1, 138 702 73 193 665 342 327 1,469 741 1 11 228 560 329 367 1,677 913 188 207 535 462 3 12 1, 777 i , i 'Or sss 422 321 414 1, 617 683 245 160 428 172 328 1,316 1,776 286 17! 362 309 307 -1 . 523 50, 449 80, 871 17, 207 (53, 665 5, 574 2, 226 13. f>53 42, 212 66, 877 108, 620 21,132 87, 488 8, 184 3, 875 19, 865 55, 563 67, 169 106, 021 22, 215 83, 806 7,007 2,448 18, 062 56, 290 77, 208 114.862 22, 172 92, 690 6, 052 2,529 18. 686 65, 423 87, 803 130, 895 22. 746 108, 150 4, 957 2,919 23, 676 76, 597 81,891 122,135 20, 868 101, 267 4,487 2, 469 21,979 72, 332 77, 005 117,009 19. 473 97, 536 4, 233 2, 645 13,985 76, 673 67, 762 100, 032 18, 384 81, 648 7,001 3,294 16,841 54, 512 63, 557 97, 570 17, 724 79, 847 4,858 2, 023 20, 142 52, 824 72, 013 109, 808 19, 565 90, 243 5, 352 2, 158 21, 720 61, 012 70. 573 108,686 20, 056 88, 631 7 222 1^934 18,725 60, 749 6<», 479 106,001 20, 173 85, 831 0, 7UO 1, 70,) JK (V>9 5S, 3h3 "67, 021 100, 157 20, 047 80. 109 7, 940 1, 706 IS* 4 28 52, 0)55 Delinquent accounts, electrical trade: Amount .dollars.. 56, 082 838 Firms number. . 98, 622 933 70, 661 780 78, 534 786 95, 414 987 73, 165 877 95, 161 996 82, 819 938 93, 376 911 93,619 1,215 71. 703 961 76, 793 864 ('•!, 134 882 63.9 64.6 65.7 65. 3 66.6 66.7 65.9 63. 8 64.3 64.0 63. 5 62. 8 2,867 2,704 2, 453 2,846 2,774 3,012 3,311 2, 930 3, 202 3,072 2, 863 3, 107 779, 105 804, 455 796, 703 836, 603 720, 301 827, 530 669, 077 634, 284 718,989 676, 084 687, 'JO*) 6',M, 930 3,501 34,224 3, 368 33, 370 3,379 33, 800 3, 749 37, 801 3, 600 35, 458 4, 125 39, 329 3,691 35, 494 3. 656 34, 142 3, 906 35, 128 3, 581 33, 673 3, 421 32, 021 3, 369 32, 056 9, 930 76, 365 4, 412 9,074 71, 622 3, 958 9,124 74, 679 4,496 10,521 86, 759 4, 027 9.751 81,318 3,971 11,509 91,567 8, 140 9, 795 78, 149 3, 500 9,271 73. 463 3, 115 10,167 79, 878 3, 958 9, 379 74,612 3,314 8, 927 70, 720 2, 871 9, 369 73, 903 3, 060 24, 578 2,903 23, 389 2, 869 26, 335 2,897 28, 618 3, 150 25, 355 2, 809 34, 966 4,068 25, 312 2,911 24, 061 2,832 26, 677 2, 985 24, 272 2, 698 22, 621 2, 513 22, oon 143 160 142 156 169 152 148 147 279 144 115 155 121 156 138 146 134 141 133 138 127 138 1,565 119 1,699 121 2, 134 121 1,740 123 3. 158 123 1,324 114 1, 505 115 1 , 604 92 1,349 92 1, 505 98 1, 42^ 81 10,976 699 10, 957 703 12. 498 705 11,220 710 22, 173 711 8, 845 713 9, 080 712 10,383 714 10, 337 714 10. 059 ' 715 10, 041 718 5,286 218 5,295 220 5, 706 222 5,587 221 11, 221 221 4,274 222 4,698 225 5,290 226 4,911 226 5, 126 227 4, 877 227 3,214 243 3,260 244 3,881 244 3, 469 244 6, 882 244 2,919 244 3,067 244 3, 584 244 3, 354 244 3, 155 241 3, 025 241 1,701 277 1,693 278 1,940 278 1,769 279 3,747 278 1,277 277 1, 345 277 1, 537 276 1,658 276 3, 483 275 1,487 275 1, 519 172 1,490 172 1, 715 172 1,578 172 2,961 172 1,111 171 1,221 171 1,430 171 1, 488 173 1,491 173 589 45 607 44 832 45 610 45 1, 145 45 471 44 591 45 625 40 602 40 1, 543 173 > 003 45 21,712 1, 895 21,732 1,902 26,150 1,906 22, 005 1,906 39,713 1, 906 17, 991 1,902 18,793 1, 906 21,255 1 , 908 20, 755 1,910 20. 529 1^913 18.921 1, 915 74,642 74, 703 95, 498 19, TOO ! 18,676 18. 660 4 1 1 , 883 524, 743 418,762 102,971 I 304,949 104, 691 91,311 18,262 516.171 103, 234 I 68, 967 1 17,242 1 395,428 i 98, 857 69, 861 17,465 412,767 103, 192 i 72, 369 | 72,433 18, 092 I IS, 10X 422, 714 •i''7, (>S7 105. 67S 10'.!, 422 531, OSS .K»>, 'J1S (V27 !S9 ! 22 4 18 228 297 1, 103 180 2 312 i 95 [ 563 : u.3 COLLECTIONS FINANCIAL INDICATORS Bank debits. (See Finance.) Business failures. (See Finance.) Commercial loans. (See Finance.) Money in circulation. (See Finance.) GOODS IN WAREHOUSES Space occupied, public merchandising warehouses . per cent of total.. NEW INCORPORATIONS Business incorporations (4 states) number.. 2, 534 POSTAL BUSINESS Air mail, weight dispatched pounds. . Money orders: Domestic, issued (50 cities)— Number thousands.. Value thous of dolls Domestic, paid (50 cities) — Number _ thousands-Value—. thous. of dolls.. Foreign, issued— value thous. of dolls.. Receipts, postal: 50 selected cities thous. of dolls.. 50 industrial cities thous. of dolls.. 2, 4." 2 RETAIL TRADE Chain-store sales: Five and ten cent sales140 Total, 8 chains, unadjusted. 1923-1925 = 100. . 118 Total, 8 chains, adjusted. .1923-1925 =100135 2148 F. and W. GrandSales „ thous. of dolls.. 1, 628 1.143 76 Stores operated number. 119 S. S. Kresge Co.— Sales thous. of dolls.. 9, 042 10, 722 Stores operated number 718 696 S. H. Kress & Co.— Sales thous. of dolls.. 4, 402 5,104 227 Stores operated . number— 218 McCrory Stores Corp.— 2, 681 3,004 Sales thous. of dolls.. 241 242 Stores operated number— McLellan Stores1, 649 1, 545 Sales thous. of dolls.. 277 275 Stores operated number.. G. C. Murphy Co.— ? 1, 476 Sales ..thous. of dolls— 1, 394 170 173 Stoies operated number Isaac Silver & Bros. — 594 Sales _' thous. of dolls.. 533 45 40 Stores operated number. . F. W. Woolworth Co.— Sales _ thous. of dolls.. 18, 146 2 21,078 1, 919 1, 889 Stores operated number. Grocerv chains: A. & P. Tea Co.— 95, 528 Sales, value, total... thous. of dolls.. 64, 239 19,106 Weekly average thous. of dolls.. 1 6, 060 Sales, tonnage, total tons.. 39 7, -U)S 513,095 AY eek 1 v average tons, . 99 367 102,619 7 Revised t 74,411 18,603 399, 779 99, 945 i 88,912 17,782 520, 198 101,010 570 40 S6, 063 \~] 213 27 SURVEY OF CURRENT BUSINESS September, 1932 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey 1933 1931 July i August "<*£'»- 1 October^- July 1932 1 ber"1" j Januar y aryQ~ March A pril May June DOMESTIC TRADE—Continued RETAIL Til AD E— Continued Restaurant chains: Total sales, 3 chainsSales thous. of dolls.. Stores operated.. number . Childs Co.— Sales _ thous. of dolls-. Stores operated number J. R. Thompson Co.— Sales _ - _ . thous. of dolls.. Stores operated number Waldorf System (Inc.)— Sales thous. of dolls Stores operated _ number- Other chains: W. T. Grant and Co.— Sales thous. of dolls-Stores operated number.. J. C. Penney Co.— Sales thous. of dolls- Stores operated number- Department store sales and stocks: Sales, total value, adjusted.. 1923-1925 = 100Sales, total value, unadjusted,1923-1925 = 100— \tlanta 1923-1925 = 100— Boston 1923-1925 = 100-. Ohicago 1923-1925 = 100— Cle velaud 1923-1 925 =100Dallas 1923 -1925 -100. . Kansas City 1923-1925 = 100— Minneapolis -- — 1923-1925=100— New York 1923-1925 = 100.. Richmond .. 1923-1925 = 100— St. Louis . — 1923-1925 = 100San Francisco 1923-1925=100.. Installment sales, New England dept. stores, ratio to total sales per cent Stocks, value, end of month — Unadjusted 1923-1925 — 100 Adjusted 1923-1925 = 100 Mail-order house sales: Total sales, 2 companies thous. of dolls. _ Montgomery Ward & Co._thous. of dolls.. Sears, Roebuck & Co thous. of dolls.. 4,188 391 4,577 379 4,745 381 4,892 378 4,419 378 4,737 383 4,261 382 4, 009 384 4,206 385 3,922 385 3, 736 383 3,456 383 ~1~203~ 107 1,858 108 2,030 108 2, 164 108 2,208 107 1,980 106 2, 163 108 1,924 108 1,787 108 1 813 108 1,618 108 1,426 107 1 274 107 1,002 117 1,086 118 1,301 117 1, 278 117 1,325 115 1.187 116 1,233 116 1, 114 J15 1,041 115 1, 128 116 1,064 116 1, 053 115 1,019 116 1,244 165 1,246 154 1,303 156 1 359 156 1 252 156 1 341 159 1, 223 159 1 181 161 1 265 161 1, 240 161 1 257 161 1 163 160 5, 225 375 5, 395 381 5, 570 386 7,423 400 6,485 400 12,111 402 4, 495 404 4,839 406 5, 567 411 5,997 412 6, 096 417 5, 829 424 12, 777 1,454 13, 257 1,456 14, 577 1, 457 17, 968 1,458 16, 493 1,458 21, 269 1,459 9,288 1,460 9, 586 1,460 11, 412 1,463 14, 325 1,464 12, 648 1,460 12,025 1, 407 91 65 64 64 65 62 57 59 55 72 71 57 85 88 67 69 64 70 65 65 66 65 67 70 67 98 84 87 73 89 88 73 ! 79 82 81 98 87 I 84 93 86 93 97 103 91 82 91 88 76 123 118 88 103 83 95 80 93 82 73 84 82 68 112 102 84 93 81 142 127 144 136 123 127 126 112 174 176 124 151 78 64 56 69 63 53 52 55 51 74 66 56 74 78 64 61 58 62 55 58 58 48 70 68 60 70 70 68 72 08 63 67 68 73 8° 8G GO 84 80 76 67 74 74 69 04 68 72 80 82 69 74 73 73 05 73 70 64 63 03 71 67 2 50 2 70 2 00 58 54 5X YS 85 62 70 - 57 81 80 6.7 11.9 8 9 I 11.0 9.1 4.6 8.0 8.3 7.2 6.4 7 :i 5 0 GO 64 75 81 76 79 84 i 81 ; 88 80 89 79 73 78 67 75 69 73 7° 70 72 70 70 08 32, 073 11,804 20, 269 45, 093 15, 320 29, 773 43, 004 16, 407 26, 597 52, 280 45,955 22, 034 17,505 28,450 1 30, 246 45, 898 18, 403 27, 495 58, 821 21, 899 36, 922 31, 975 12, 028 19, 947 32,581 11, 963 20, 618 33, 959 14, 054 19, 905 39, 745 16, 169 23, 576 38,718 14, 172 24, 546 GO 08 »*4 39, 889 14, 840 25, 049 67.3 48.4 44 7 42.4 62.3 81.1 84.6 80 2 82.9 63.0 80.0 82.4 69 6 42.0 61.4 57.2 87.3 68.6 70 3 63.4 74.4 76.0 70.4 71.9 55.4 65.7 44.8 84.2 67.8 51.4 49.3 45.7 64.1 80.2 82.9 81.2 83.7 62 4 78.1 80 7 67.5 66.3 48 9 44 5 42 5 63.8 81.1 84 1 78 7 81 4 61.8 81.2 84 3 68 6 40 3 60 0 56 1 86 4 67 4 69 4 61.2 73. 5 73.2 74 3 70 4 54.7 63 7 45.3 83 0 66.4 50.1 47 6 44 1 63.4 78.6 83.0 79 5 83 1 60 9 80.2 83 4 67.0 64.0 48 8 44 8 43 1 62.1 82.4 81.9 78 6 80 6 59.8 78.8 81.3 68 3 39.6 57 0 53.9 85. 3 66 6 69 3 58.7 67.9 67.3 69.4 68 4 53.0 58.9 45.5 85.2 64.3 48.4 45.6 42.7 61.3 78.0 81.2 78 6 83.6 59 0 80.2 83 0 68.8 01. 3 47 0 42 7 42 6 57 9 78.3 80 6 78 2 81 0 57.2 72.7 74 4 65 4 38 6 2 54 4 51 4 2 5, 087 429 11,455 1,468 (57 47 44 40 45 40 ( 3* 43 40 50 51 :>9 GO 2 07 EMPLOYMENT CONDITIONS AND WAGES EMPLOYMENT Factory, unadjusted (F.R. £.)__ 1923-1925 = 100Ceiuent, clay, and glass _ 1923-1925=100 Cement 1923-1925=100 Clay products — 1923-1925=100 Glass 1923-1925=100Chemicals and products 1923-1925 = 100.. Chemicals and drugs 1923-1925=100 Petroleum refining 1923-1925=100 Food products 1923-1925 = 100 Iron and steel. 1923-1925= 100. _ Leather and products 1923-1925=100-. Boots and shoes 1923-1925=100 Leather 1923-1925=100 Lumber and products. _ 1923-1925=100 Machinery . 1923-1925=100 Metals, nonferrous ..1923-1925=100-. Paper and printing . .1923-1925 = 1 00 . Rubber products 1923-1925 = 100 Auto tires and tubes 1923-1925—100 Boots and shoes.. 1923-1925=100.. Textiles and products.. 1923-1925=100.. Fabrics 1923-1925= 100. _ W r earing apparel ..- .1923-1925=100 Tobacco manufactures 1923-1925 = 100 Transportation equipment. .1923-1925 = 100.. Autoinobiles 1923-1925 = 100 Car building and repairmg.1923- 1925= 100. . Shipbuilding 1923-1925 = 100— Factory, adjusted (F. R. B.) _ . 1923-1925= 100— Cement, clay, and glass 1923-1925=100.. Cement — - 1923-1925 = 100 Clay products 1923-1925 = 100.. Glass 1923-1925 = 100.. Chemicals and products 1923-1925=100.. Chemicals and drugs 1923-1925 = 100Petroleum refining 1923-1925=100 ! Food products — 1923-1925=100.! Iron and steel 1923-1925=100 Leather and m anufactures.. .1923-1925 =100. _ Boots and shoes 1923-1925—100 ! Leather 1923-1925=100-.! 2 Revised. 57.2 43 4 41 9 38 7 53.6 72.3 75.6 77 4 79.3 51.4 71.6 74.2 61 3 36 3 48 4 45 4 80. 5 65 0 6() 4 51.9 53. 9 56. 4 47 5 08 4 49.2 57. 9 40.7 71.4 58.3 43. I 39 8 37.6 55. 9 74.7 78.2 75 7 79.4 52 1 71.9 74 1 62.4 73.8 63.7 66 6 60.8 67.9 86.2 91.0 89 0 87.8 71.1 84.6 86.4 77 0 52.2 70 4 63.4 92.0 74 1 75 9 68.6 75.2 77.1 70 6 79 4 60.2 67.2 52.1 88.8 75.1 62.7 63.3 58.6 70.7 89.4 94.2 87.1 88.1 72 1 84.8 86 4 78.4 74.2 62.6 63 2 58.9 69.7 84.4 89.0 86 4 87.9 69.9 86.7 88.8 77.8 52.1 67.7 62.3 91.7 71.5 74 1 63.9 77.8 77.4 78.9 79 1 58.7 65.4 51.1 83.2 74.1 60.1 58.8 56.2 68.7 86.6 91.3 84.8 88.1 70 3 84.3 85 8 78.2 74.7 61.7 60 1 57.4 71.1 86.0 91.7 84 4 89.7 68.0 84.2 86.4 75 2 51.1 67.0 61.7 90.8 71.7 71 8 71.2 79.8 77.3 86.0 79 5 57.7 63.9 50.4 84.7 72.8 59.4 57.1 55.4 68.7 85.7 91.8 82.9 87.5 67 4 80.9 82 3 75.2 71.4 59.0 58 8 54.4 68.1 85.7 92.1 83 0 89.2 66.3 79.2 80.8 72 4 50.1 65 2 60.8 91.4 70 2 69 9 71.2 77.4 75. 61 82.2 79 9 51.5 50.5 49.0 84. 1 70.3 57.6 56.5 53.5 66.2 85.4 91.2 83.2 85.5 66.2 76.4 ! 77.3 72.4 i 68.7 56.3 54 4 52.8 64.2 83.5 89.7 81.4 88.0 65.0 69.6 69.6 69 6 48.4 63 8 60.8 91.0 70.7 69 4 74.2 74.3 74.9 72.8 79 3 50.6 49.9 47.4 87.3 69.3 55. 9 53.7 52.8 63.2 83.1 88.0 82.2 85.9 65 3 70.1 70 3 69.1 67.9 53.3 50 7 48.5 64.3 82.0 86.9 81 3 87.9 64.4 73.2 74.4 67.9 45.2 63 8 60.3 90.8 69.8 69 3 71.5 72.9 78.6 68 5 71 7 54.4 60 2 46.9 87.9 69.4 55.0 52 6 50.1 66.0 81.9 85.4 82 3 86.3 65 4 75.3 77 2 67.6 66.3 47.7 45 7 42 6 59. 1 81.7 85.9 81 2 84.2 62. S 75.7 77.5 68 3 42.4 61 2 56.8 89.0 69. 1 69 7 67.2 71.6 73.4 66 9 69 0 53.9 63.4 43.9 84.3 68.1 51.6 50.2 46.3 63.0 81.9 85.3 82 8 85.3 64 0 75.4 77 4 67.1 83 8 66 0 0() 1 50. 9 02. 0 02. 3 61 3 07 3 52.4 59 7 44.2 81 4 02. 1 45. 8 41 9 41 1 57. 1 79.7 81.9 78 4 83 2 50 5 75. 8 77 9 07. 0 2 59. 1 45 0 42 8 39 6 56 9 74.2 78 0 78 1 80 9 54. 8 70.5 72 7 61 6 37 8 51 3 48 6 82 0 07 0 70 3 57. 1 57 2 58. 2 54 7 69 0 50. 8 54 0 41.0 78 5 00.0 43.4 40 9 38 0 55 5 76.4 79.6 77 4 81 1 r >4 8 74.3 76 9 63. 4 28 SUEVEY OF CURRENT BUSINESS Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey 1932 July September, 1932 1931 July Septem- October Novem- Decem- I January.T Februber bcr ber ary j August March ! April \ May June EMPLOYMENT CONDITIONS AND WAGES—Continued 1 EMPLOYMENT— Continued Factory, adjusted (F. R. B.}— Continued Lumber and products 1923-1925=100.. Machinery 1923-1925=100 Metals, nonferrous . 1923-1925 -100- . Paper and printing 1923-1925=100 Rubber products 1923-1925 = 100.. Auto tires and tubes 1923-1925=100— Boots and shoes .1923-1925=100 Textiles arid products .1923-1925== 100— Fabrics .1923-1925 = 100 Wearing apparel 1923-1925=100.. Tobacco manufactures 1923-1925 = 100.. Transportation equipment... 1923-1925 =100_. Automobiles 1923-1925=100 Car building and repairing. 1923-1925 = 100.. Shipbuilding .1923-1925=100 Factory, by cities and States: CitiesCleveland Jan. 1921 = 100.. Detroit 1923-1925=100 New York 1925-1927 = 100.. Philadelphia.... .1923-1925 = 100.. StatesDelaware 1923-1925 = 100 Illinois . . . .1925-1927 = 100 Iowa 1923=100.. Massachusetts 1925-1927 = 100 Maryland 1924 = 100. New Jersey 1923-1925 = 100 New York 1925-1927 = 100 Ohio . 1926 = 100.. Pennsylvania 1923-1925=100 Wisconsin . .1925-1927=100 Nonmanufacturing (Dept. of Labor): MiningAnthracite 1929 = 100.BHuminous coal .1929=100 Metalliferous 1929=100 Petroleum, crude production... 1929 = 100.. Quarrying and nonmetallic... -.1929 =100— Public utilitiesElectric railroads 1929=100 Power, light, and water 1929=100.. Telephone and telegraph 1929 = 100 TradeRetail 1929=100 Wholesale 1929 = 100 MiscellaneousCanning and preserving 1929=100.. Hotels 1929=100 Miscellaneous data: Construction employment, Ohio.. 1926 = 100— Farm employees, hired, average per farm number Federal civilian employees (Wash.). number.. Railroad employees, Class I thousands.. Trade union members employed—Number per cent of total On full time. per cent of total 36.1 48.3 46.0 81.4 64.6 68.1 54.3 56. 9 58.6 52.9 70.2 49.3 58.1 40.4 73. 0 52.0 70.3 64.2 93.0 73.8 74.5 71.8 79.6 80.0 78.8 81.4 60.2 67.6 51.8 90.9 51.1 67.8 63.1 93.0 70.5 72.0 66.2 80.9 80.1 83.2 79.1 58.3 64.2 51.0 88.0 63.4 51.0 61. 8 80.3 61.8 68.3 77.5 81.3 50.0 69. 2 80.4 52.4 62.4 57.1 62.4 84.4 70.5 108.7 69. 9 72.5 72.6 71.9 78.2 72.5 79.6 44.5 58.6 29.5 55.4 49. 5 49.4 ! 67.3 ! 62.5 91.1 ; 69.8 69.9 69.4 80.0 78.4 84. 0 77. 2 57/2 62.0 50. 2 90. 9 48.4 65.6 61.7 91.0 70.3 71.0 68.1 76.0 74.9 78.7 75.8 51.7 50.5 48.8 89.7 75.6 51.0 80^4 76.0 41.7 71.0 78.8 83.2 70. 1 109.1 71.4 72.3 73.0 71.5 76. 9 72.9 75.6 81.2 68.3 106.3 70.9 72.0 73.2 73.6 75.5 72.6 75.0 65.1 76. 4 56.2 65.3 71.0 67.3 77.0 55.8 62.4 68.9 75.6 82.3 79.1 85.6 96.7 86.6 74.6 76.6 45.4 64.5 61.1 89.2 71.3 72.9 66. 8 72.2 73.4 69.2 70. 4 58.0 68.8 47.0 87.9 43.9 61.8 57.4 88.3 69. 7 71.2 65. 2 71,1 72.9 66. fi 74.3 55.6 67. 1 44.4 81. 9 43.3 61. 2 56.0 87.2 68. 1 70.0 62.5 72.4 74.4 67.4 72. 8 55.1 64.7 45.4 79.8 77. 1 i 52.7 ]! 07. 7 78.2 : 77. 0 64.0 66. 1 77.6 74.5 65. 7 105. 0 65.2 70.6 72.4 71.3 74.3 71.8 70.7 74.9 ; 62.3 i 102.2 62.2 67.2 71.0 08. 8 71.0 71. 1 68.2 80.0 80.4 55.5 61.2 66.6 86.8 81.3 53.8 60.4 64.5 84.8 95.9 85.9 84.0 94.7 85.0 83.9 86.8 81.8 86.5 73.0 78.4 102.2 93.3 36.8 ; ! ! 47.4 64.6 61.4 89.7 73.3 74.2 70.3 73.6 73.7 73.4 74. 8 53.4 56.1 47.6 90.8 ! i ! ; ! ; | 41.2 59. 2 54.3 86.2 67. 0 68.5 62.4 71.0 71.9 68.9 70. S 53.4 60.9 45.5 78.1 40.2 5(5.4 52,7 85. 7 66. 1 68. 1 60,2 66. 7 66.8 66.4 70.1 51. 1 55.1 45.2 80.3 39.0 54. 1 50. 8 84.3 65.8 67.7 59. 9 62.4 62.4 62. 5 68.4 50.2 54. 7 43.9 79.4 37. 9 51.0 48.7 82.8 67.0 68.9 61.1 58.5 58. 7 58.1 69.4 50.0 58.0 41.3 77.6 75.8 69.0 63. 1 74. 1 75.1 ' 68.6 61 1 i 72.9 ; 72.0 65,4 64.6 71.4 70.2 67.5 61.8 66.9 69.7 69.6 57.2 66.7 68.6 72 2 54! 3 65.5 70. 0 f,3.6 102. U 61. 1 66.0 ffl. 1 67. 7 70.5 71. i"' 66.' 79.3 61. 6 96. g 60.7 64. 1 66. 1 65. 0 69. 5 69.4 65. 1 78.5 62. 0 96.4 63.6 63.9 67. 1 65.0 70.1 08.9 67.6 ! ; 75.9 61.3 92.6 62.4 63.5 65. 4 64.6 OS. 5 67 5 68.1 74. 8 58.8 91.2 56. 9 62.7 63. 5 62.2 60. 4 64.7 66. 2 72.6 r ~1 2 92'. 8 52.9 59. 9 62.4 57. 6 65. 1 61.4 63.9 71.5 56.6 91.7 50.2 56. 8 61. 5 56. 6 64. 3 59. 7 62.4 83.5 81.1 ! 52.8 ; 57.6 59.3 79.8 bh'2 51.2 58. '2 53. i> 76.2 80.8 49. 3 54. 9 48. 9 71.2 i 77. 4 i 46.9 54.4 ; 47.4 73.7 75. 2 45.0 51.4 46.0 70.1 65. 5 43.3 54.9 48.0 66.9 62.6 38.3 54. 5 50.6 53.0 60.5 32. 2 54.2 49.5 82.7 92.7 84.1 81.5 91.3 83.5 ' 79.9 90.3 83.. 79.5 89.3 83.0 7R.9 87. 2 ' . 82.0 77.6 85. 5 81.7 78.0 84.8 81.2 76.9 84.0 80.6 76.5 83.2 79.9 86.6 86.1 89.8 85.2 90.9 i 84.1 IOC. 2 83.7 84.3 81.8 80.5 ] 80.9 i 81.4 79.8 81.6 78.9 80.9 77.9 79.4 77.0 142.9 92.8 180.1 90.6 108.1 87.4 60.8 1 84.9 | 40.7 83.1 35.0 83.2 37. 1 84.3 ; 36. 3 84.0 47.0 82.7 40.5 80.1 55.5 78.0 62.8 60.0 58.3 54.2 45.4 ! 37.5 31.9 28.4 26.7 31.0 33.3 1.09 1.25 71, 658 1,310 1.23 70, 885 1,288 1.17 70, 580 1,254 1.19 70, 056 1,225 1.04 i .81 69,894 : 69,435 1, 169 | 1, 134 .74 69, 710 1,109 .71 i .77 69, 260 1 69, 069 1,093 ; 1,097 .83 69, 454 1,087 .93 69, 375 1,082 2.96 68, 793 66 45 74 55 74 55 74 56 74 55 73 ' 54 i 70 51 69 49 69 : 49 j 70 49 69 48 69 47 68 47 82 92 94 80 71 89 92 96 92 84 89 93 95 93 83 88 94 96 90 83 88 93 96 83 82 87 94 96 79 80 : 87 93 95 82 78 86 92 94 86 79 87 92 94 89 83 | ! i i i 86 93 94 89 77 85 94 94 85 76 84 93 94 79 76 83 92 94 79 75 67 73 84 80 84 80 79 70 76 84 93 90 92 87 89 80 85 76 84 93 90 92 88 90 82 85 74 82 92 88 91 85 89 78 85 74 83 92 88 91 84 88 76 85 73 80 91 86 90 85 88 81 83 i i ! i i ; i i 73 80 91 85 91 87 88 81 84 71 82 89 80 91 81 86 '• 81 i 75 82 89 81 92 81 85 81 i j 1 i : ; i 1 ; 73 80 89 80 91 80 81 74 72 78 88 81 87 78 79 71 71 76 87 83 85 79 82 70 75 86 81 85 80 81 76 32.1 (t) 39.9 48.0 39.9 48.2 39.2 48.1 38.2 48.0 37.7 : 47.9 \ 38.7 47.8 69.8 52.3 91.2 47.0 r,g C) i i i I i ! ! i ! : , \ | i i | ! i i ; i \ i ! ': : : : i i i ! i i iJ ; 2 2 36. 3 LABOR CONDITIONS Factory operations, proportion of full-time worked, total per cent Chemicals and products per cent.. Food products . per cent Leather and products per cent Lumber and products _ per cent Metal products — Iron and steel per cent Other. ... percent Paper and printing _ per cent Stone, clay, and glass per cent.. Textile products . __ _. _ ..per cent Tobacco products per cent Transportation equipment. _. per cent.. Automobiles. per cent.. Miscellaneous per cent Hours of work per week in factories: Actual, avg. per wage earner hours.. Nominal, or full-time week ..hours.. Labor disputes: Disputes number Man-days lost number. . Workers involved number. . i Labor turnover:* Accessions. per cent of no. on pay roll.. SeparationsDischarged per cent of no. on pay roll. J Laid-off per cent of no. on pay roll Voluntary quits ...per cent of no. on pay roll.. Unemployment: i Applicants at employment agencies _ ..no. per 100 jobs.J Central States no. per 100 jobs Eastern States ..__ no. per 100 jobs i Southern States no. per 100 jobs Western States no. per 100 jobs Placements .thousands.. 2 Revised. (t) 65 45 51 ! 36 612, 864 1,157,013 493, 649 1,052,095 37, 427 14, 759 29, 380 56, 683 i : ' ! 39 : 21 355,818 : 150,064 13,690 i 1,318 (t) 37. 5 47.9 36. 2 48.0 1 30 417,966 28,691 1 37 117, 298 4, 648 2.60 3.58 2.75 3.63 | 3.29 4.15 .22 2. 40 .24 4.22 .21 5.01 .17 ! 3.03 | .16 2.61 .19 2. 45 ; 1.05 1.16 1.00 .72 .66 .71 209 247 i 235 265 94 94 ; 217 273 212 411 94 82 196 250 191 287 91 91 221 269 231 264 118 98 214 258 232 257 112 84 191 217 273 189 80 121 207 258 316 182 81 122 * Discontinued for present. ! ! I j 36.1 47.9 .25 3.32 i i j i i ! ! ! i (t) 3.02 1.10 ! ! ! I i 188 214 259 193 103 127 (t) (t) (t)'° (t) 34. 4 47.6 33.9 (t) (t)32.7 2 ! 54 j 234 28 62 685.949 2570,121 221,241,176 ! 950, 972 50, 196 11,060 I 220,066 22, 871 ' ' i ! i 197 218 266 226 90 139 f Discounted. i I ! ! i i 197 250 269 188 57 117 197 243 2G2 211 60 102 201 241 324 210 56 ftft 29 SURVEY OF CURRENT BUSINESS September, 1932 1931 1932 Earlier data, tot/ether with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey July July 1933 August | Se^m"i October Nc j^m" 'b7rU" i January! 'S r y U ~ March April May June EMPLOYMENT CONDITIONS AND WAGES—Continued [ PAY KOLLS Factory, unadjusted (F. R. B.). 1923-1925=100-1 Cement, clay, and glass 1923-1925=100.. Cement —.1923-1925=100Clay products 1923-1926=100.. Glass.. .-1923-1925 = 100.. Chemicals arid products.—19?3-1925= 100.. Chemicals and drugs 1923-1925=100.. Petroleum refining 1923-1925=100.. Food products .1923-1925=100.. Iron and steel._ 1923-1925= 100.. Leather and products 1923-1925=100.. Boots and shoes. —1923-1925=100Leather 1923-1925-100.. Lumber and products 1923-1925=100.. Machinery.. 1923-1925=100.. Metals, nonfeirous 1923-1925-100.. Paper and printing 1923-1925=100_. Rubber products . 1923-1025=100.. Auto tires and tubes 1923-1925=100.. Boots and shoes 1923-1925=100... Textiles and products 1923-1925=100.. Fabrics 1923-1925=100..' Wearing appirel.. -1923-1925= 100.. Tobacco manufactures 1923-1925 = 100. _ Transportation equipment...3923-1925= 100.. A utompbiles 1923-1925 = 100. _ Car building and repairing. 1923-1925= 100.. Shipbuilding . 1923-1925=100.. Factory, by States: Delaware... 1923-1925=100Illinois 1925-1927=100— New Jersey .1923-1925=100.. New York 1925-1927=100Pennsylvania — 1923-1925=100Wisconsin... ..1925-1927=100Nonmanufacturing (Department of Labor): MiningAnthracite 1929=100.. Bituminous coal... 1929 = 100... Metalliferous 1920= ICO.. Petroleum, crude production _ _ .1929=100— Quarrying and nonmetaliic 1929=100— Public utilitiesElectric railroads. _ 1929=100.. Power, light, and water .1929=100_. Telephone and telegraph ..1929=100— TradeRetail 1929=100— Wholesale .1929=100Miscellaneous— Canning and preserving... 1929=100— Hotels—1929-100- 64.4 49.4 60.4 40.7 60.2 82.9 82.6 89.6 88.2 52.4 72.6 71.8 75.4 41.7 57.4 54.5 93.6 64.0 66.4 54.6 65.9 67.0 63.4 67.5 52.7 53.2 49.0 85.6 64.3 48.1 56.7 39.1 60.9 80.4 80.7 85.6 86.7 50.6 75.5 75.1 76. 9 41.3 54.9 52.9 93.1 62.2 64.0 55.3 70.2 68.3 74.2 66.3 50.9 50.4 48.1 82.8 61.8 46.1 51.7 37.3 60.3 80.8 82.6 83.0 87.4 45.2 67.7 66.6 71.8 40.3 51.2 50.2 90,4 54.6 53.0 61.0 71.0 65.1 82.9 62.7 45.6 41.5 45.5 78.8 59.4 43.9 48.5 35.9 57. 0 80.8 84.4 80.8 85. 9 43.9 56. 4 53.7 66. 6 38.2 50.2 49.9 91. 4 53.7 51.9 60.9 66.0 62. 9 72.2 64. 6 45.3 41.4 44.7 83. 5 ] 56.2 40.9 43.7 34.2 52.8 76.4 78.8 77.9 83.2 41.2 47.0 43.1 61. 1 34.4 48.3 48.8 90.6 50.1 48.0 58.7 59.3 60.1 57.8 64. 5 45.2 42.3 43. 9 81.4 55.8 37.4 37.4 30. 3 51.7 75.0 76.2 77.8 82.7 41.0 50. 3 47.9 58.8 31.2 48.9 48.6 91.0 52. 0 50.3 56.7 58. 1 60.0 54.4 58.9 47.1 48.0 42. 6 84.8 52.4 31.1 31.4 24.1 44.9 71.4 71.4 75.9 78.6 36.3 53.3 52.5 56. 3 26.6 44.5 44.9 85.5 53,0 54.3 48.3 55.5 57.1 52.4 53.0 44.3 47.7 38,0 81.2 53.6 32.9 31.4 24. 3 51.0 71.0 71. 1 75.1 76.3 37.2 61.4 61.9 50. 8 25.9 45.0 45. 0 83.5 54.2 56.7 44.2 59. 8 60.3 58.8 53.4 45.6 52. 0 37, 0 79.2 30. 5 23.9 50.0 70.1 70.7 72.9 74.4 35. 4 62.3 63.4 58.6 24.5 42.6 42.1 82.4 51.3 52. 6 16. 4 59.3 55. 8 66. 4 52.2 45.1 51.3 37. 2 75. 1 48.7 31.7 j 29.9 ! 23.6 49.2 68.5 67.2 ! 71.2 72.8 1 32.1 ! 55.7 55.7 1 55.7 23.2 1 39.1 38.3 I 79.7 48.3 50.1 41.0 ; 49.4 | 46.9 54.6 ! 49.3 43.9 47.1 37. 4 81.8 46.2 30.2 30.0 22.4 46.2 66.9 65.6 72.5 72.9 30.4 45.7 44.4 50.3 22.2 35.9 34.5 77.0 48.7 50.4 41.6 41.5 40.3 44.0 48.4 45.9 53. 5 37. 3 71.0 45.9 29. 3 47.9 39.4 32.1 34 2 68,7 54.6 70.8 65. 5 57.3 61.0 68.9 53. 9 70.7 65. 0 57.0 58.9 64.1 50.3 66.6 66. 5 54.3 55. 6 61.0 47.7 68.9 62.3 54.5 52.8 54.7 43. 2 65.8 59.4 51. 1 50.0 56.4 45. 1 62. 7 57. S 52.3 48.8 57.8 43. 6 60. 5 54.6 49.4 44.1 59. 5 42. 3 60. 5 53.9 49. 1 48.1 57. 2 40.5 58.0 53.8 46 3 48.5 52.8 37.5 54.6 50.1 41.5 44.6 49.4 35.4 53. 2 44.9 37.3 41.3 48.5 34.0 51.7 42. (j 35. 7 38.0 34. 5 2-14 16.9 44. 6 29.1 53.7 50.4 41.3 59.2 57.3 56.4 50.6 40.2 56.3 55.1 64. 9 53.6 40. 0 55.2 51.2 91.1 56.2 l 37.4 54.4 1 48.7 79.5 54.6 35.1 52.0 43.3 78.4 52.3 34.3 54.9 36.9 61.5 47.0 29.7 46.5 30.2 57.3 47.0 27.8 46.9 29.6 61.2 46.8 26. 5 43.2 28.7 72.0 33.9 25.0 44.5 30.0 58.0 30.7 23.8 47. 1 32.3 37.4 27.3 20.1 44. 8 30.0 65.3 78.7 79.6 83. 3 97.4 93.3 81.9 96.2 92.3 81.2 94.3 92.1 79.0 i 93.2 91.6 79.7 93.3 89.7 77.8 91.2 92.7 74. 3 88.4 89.1 73.6 86.0 89.6 72.4 85.4 88.2 70.7 82.4 83.4 71.2 84.2 82.8 69.2 80.5 82. i 63.3 64.7 83.3 83.3 80.3 82.1 83.5 81.4 84.6 79.9 85.4 79.7 94.1 77.8 78.0 74.1 73.7 72.5 73.4 71.3 72.7 68.9 71.1 69.7 68.2 66.2 47.5 61.3 74.2 85.2 104.7 83.8 129.4 81.9 77.6 79.7 48.1 77.1 36. 9 75.4 31.8 73.9 32.7 73.9 31.9 72.4 37.9 69.6 36.0 67.0 40.5 63.8 15.43 22.34 22.49 21. 75 21.21 20.29 20.74 18. 99 19.51 18.60 17.58 17. 17 16.24 17.59 13.16 10.42 5.80 2-4.89 18.92 14.79 84.0 24.76 18.86 14.78 84.5 23.95 18.19 14.57 81.7 23.10 18. 05 13. 85 1 79.7 22.20 17.07 13.37 76.2 22.56 17.00 13.83 77.9 21. 84 16.28 12.79 71.4 22.37 16.67 13.32 73.3 21.19 15. 75 12. 75 69.9 19.97 14.84 11.64 66.1 19.63 14. 64 11. 03 64.5 18.37 13.80 10.70 61.0 57.1 59.1 60.4 80.8 84.9 85.8 80.4 84.6 85.7 77.7 81.6 84.5 75.0 81.0 80.3 72.1 76.6 77.6 73.2 76.3 79.1 70.9 73.1 74.2 72.6 74.8 77.3 68.8 70.7 74.0 64.8 66.6 67.5 63.7 65.7 64.0 69. 6 61.9 62.1 72.2 60.5 85.2 75.3 50. 6 51.7 89.9 84.1 102.2 91.1 78.3 75.7 91.2 83.6 101.4 90.9 78.4 76.4 87.0 79.4 05. 1 90.3 75. 3 72.2 90.0 | 78.1 j 99.4 87.5 76.3 71.7 80.2 74.4 97.0 86.3 72.9 70.8 81.7 76.2 90.3 85. 4 74.4 71.2 80.2 76.4 95.8 84.1 72.5 66.0 83.2 73.2 94. 5 82.9 71.8 69.1 82.9 70.8 92.7 83.3 69. 4 68.7 77.6 68.3 90.0 80.7 64.8 64.5 66. 4 64. b 89.6 78.0 61.1 61.3 88.2 76.6 60.2 57.6 .678 .624 29.13 .607 .607 . 605 .34 .40 .16 .38 .45 .44 .47 .19 .37 .27 .33 .37 .19 .40 .44 .39 .48 .20 .33 .24 .32 .36 .19 .36 .44 .34 .47 .20 .28 .25 .33 .36 .19 .35 .44 .34 .47 .20 .31 .25 .45 107.5 .45 107.5 .45 107.5 .45 107.5 i ! ! i 52.3 3^ 2 42.6 27.3 28.5 19.0 M3.2 63.2 61. i 72.1 71.4 26.0 45.0 44.3 47.4 20.9 32. 3 32.0 72.9 55.1 59.4 37.9 35,8 37.0 33.4 52. 2 40.7 47.1 32.9 67.4 WAGES—EARNINGS AND SATES Factory, weekly earnings (24 industries): All wage earners dollars.. MaleSkilled 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, weekly earnings, by States: Delaware 1923-1925 = 100._ Illinois .-.1925-1927 =100-' New Jersey .-1923-1925=100.. New York 1925-1927=100.. Pennsylvania 1923-1925 = 100.. Wisconsin 1925-1927 = 100_. Miscellaneous data: Farm wages, without board (quarterly) dolls, per month.. Railroads, wages per hour ..dollars.. Road-building wages, common labor*— United States dolls, per hour.. East North Central dolls, per hour.. East South Central...-.dolls, per hour.. Middle Atlantic — .dolls, per hour.. Mountain States dolls, per hour.. New England dolls, per hour.. Pacific States dolls, per hour.. South Atlantic —dolls, per hour.. West North Central dolis. per hour.. West South Central dolls, per hour.. Steel industry— U. S. Steel Corporation...dolls, per hour..! Youngstown district p. ct. base scale..| i ~,~660~ .32 . 35 .19 .34 .44 .34 .46 .18 .31 .26 .45 107.5 .36 .35 .20 .36 .45 .45 .51 .22 .35 .20 .~662~ .36 .35 .19 .37 .47 .44 .50 .20 .35 .22 30. 53 .675 34.22 -----.669 .34 .36 .18 .36 .46 .43 .50 .20 .35 .24 .35 .37 .19 .37 .46 .42 .51 .21 .35 .24 .34 .38 .18 .37 .46 .43 .51 .21 .36 .23 .33 .40 .18 .38 . 47 .43 .51 .21 .36 .23 !40 .19 .37 . 45 .41 .50 .18 .38 .24 .45 ! 107.5 ! .45 107. 5 .45 107.5 .50 .50 .45 .45 107.5 107.5 107.5 107.5 * Beginning with March, 1932, method of computing rates was changed. .33 .40 . 17 .40 .44 .43 .49 .21 .42 .25 .45 107.5 2 Revised. 74.8 74.7 27.10 30 SURVEY OF CURRENT BUSINESS Earlier data, together with explanatory i footnotes, may be found in the 1932 \ Annual Supplement to the Survey \ 1931 * July September, 1932 July ! August j 1932 i " | J a n u a r y February i March '- October May April FINANCE BANKING | Acceptances and commercial paper outstanding: Bankers acceptances, total. ..mills, of dolls.. 705 Held by Federal reserve banks— For own account mills, of dolls 12 For foreign correspondents ._ _ mills, of dolls_. Held by group of accepting banks, total _ mills, of dolls _ Own bills mills, of dolls.. Purchased bills mills of dolls 360 Held by others ..mills, of dolls.. 70 Commercial paper outstanding mills, of dolls. . Agricultural loans outstanding: Credit banks, intermediate—mills, of dolls.. 117 Land banks Federal mills, of dolis 1, 135 Land banks, joint stock mills, of dolls. 401 Bank debits, total . mills, of dolls.. •>.') '.}(-!< ) New York City mills, of dolls 1 2, 728 Outside New York City mills, of dolls.. Brokers' loans: Reported by New York Stock Exchange . mills, of dolls. . 212 Ratio to market value _ _ .per cent 1.18 By reporting New York member banks mills, of ciolls.. Federal reserve banks: Acceptance holdings. (See Acceptances.) \ssets total mills, of dolls 5, 7(i 4 Reserve bank credit outstanding mills, of dolls 2,i:;<» Bills bought mills, of dolls 41! Bills discounted . ._ ..mills, of dolls .r>.'i« United States securities. .mills, of dolls.. 1,8*1 Reserves, total mills, of dolls.. 2, S.'JJJ Gold reserves .mills, of dolls.. 2, 035 Liabilities, total ..mills, of dolls. _ 5, 704 Deposits, total mills, of dolls.. 2, 158 Member bank reserves--.mil Is. of dolls _ _ 2. 052 Notes in circulation mills, of dolls.. 2. S59 Reserve ratio . per cent 56. 5 Federal Reserve member banks: DepositsNet demand .mills, of dolls 10, 751 Time . mills, of dolls 5, 612 Investments mills, of dolls 7,700 Loans, total _ _ . .mills, of dolls 10, 996 On securities.. mills, of dolls. _ 4,631 All other loans _ mills, of dolls 6, 365 Interest rates and yield on securities: Acceptances, bankers, prime per cent.. H Bond yields. (See Bonds.) Call loans, renewal per cent 2.08 Com'l. paper, prime (4-6 mos.) per cent.. 2 J4-23.-4 Discount rate, N. Y. F. R. Bank. .per cent.. 2. 50 Federal land bank loans per cent 5. 59 Intermediate credit bank loans per cent.. 3. 58 Real estate bonds, long term per cent 0 Stock yields. (See Stocks.) Time loans 90 days per cent m iy-> Savings deposits: New York State mills, of dolls.. 5, 253 TJ. S. Postal SavingsBalance to credit of depositors _.-,. thous. of dolls.. 826, 027 Balance on deposit in banks _ thous. of dolls 742, 634 % i 1,228 1, 090 996 1,040 1,002 974 961 919 911 879 787 747 39 70 420 647 418 305 119 76 36 16 4 36 243 228 100 99 126 251 314 312 335 292 ! 183 98 668 232 436 278 606 163 438 186 410 162 248 66 230 112 118 63 296 125 171 162 262 131 131 156 332 159 ! 174 195 343 175 168 189 377 155 222 162 455 188 208 115 i 510 225 286 90 518 200 318 90 289 271 248 210 174 118 108 103 106 108 i 111 103 137 1, 179 55 i 39, 451 21, 007 18, 444 133 1, 178 548 34, 027 17, 501 16, 526 130 1, 174 545 36, 700 20, 073 16, 627 124 1, 171 540 38, 803 20, 678 18, 125 124 1,167 535 29, 069 14, 464 14, 605 120 1, 163 530 36, 345 19, 233 17, 112 118 1, 158 525 33, 569 17, 676 15, 893 114 1,154 520 27, 251 116 1 , 1 39 470 12, 870 13,729 113 1, 140 507 29. 924 15,558 14, 366 110 1,143 400 14,381 112 1,150 513 29, 889 16, 160 1,344 3. 03 1,354 3. 04 1, 044 3.23 796 2.33 730 2.35 587 2.20 512 1.94 524 1. 90 533 2. 18 370 1.87 1, 390 1,, 366 1, 172 869 720 591 505 495 5, 146 5, 409 5, 530 5, 666 5, 580 '», 672 5, 523 5, 374 5, 399 5. 560 976 73 195 678 3, 597 3,431 5, 146 2, 527 1, 255 215 255 728 3,619 3, 456 5, 409 2, 632 2,373 1,963 78.8 1,578 469 328 742 3, 301 3, 138 5, 530 2, 506 2, 364 2, 098 71.7 2, 1H4 681 728 727 2, 903 2, 746 5, 666 2, 380 2, 167 1,931 452 718 717 3, 080 2, 918 5, 580 2. 252 2,051 2,480 65.1 1, 709 109 828 740 3, 140 2, 938 5, 374 l, 937 1,849 2,651 68.4 1 , 850 48 60.4 1, 856 153 899 746 3, 169 2, 976 5, 523 2,093 1,947 2, 665 66.6 1 , 597 68 2,429 1,853 339 638 817 3, 158 2, 989 5, 072 2, 125 1, 961 2. 624 66.5 13, 244 7,003 7, 665 14, 398 6, 519 7, 879 13, 227 6, 775 7,916 14, 191 6,346 7,845 12, 449 6, 358 7, 700 13, 521 5. 897 12, 199 6, 142 7, 506 13,350 5,807 7, 543 11,166 5, 751 7,149 12, 830 5,574 7,256 11, 003 5, 700 7,624 11,877 5, 898 7,428 13. 104 5, 777 7, 327 2,367 1,765 83.8 13,473 7,144 7,810 14, 486 6, 544 7,942 : •195 ! 63;> 872 1. 228 3, 123 3. 004 5, 560 2, 225 2, 12-1 2, 566 67. 1 ;:, 235 3, 020 5, 369 2, 012 1, 'J24 2, 563 70.7 25,411 1 2, 913 300 1 . 86 2 244 1 . 50 409 342 5, 506 2,310 C-7 •HO !,7M 2, 578 5, 015 2, 028 1,982 62.1 57.6 11,102 10, 925 5, 542 7, 491 11.631 4,907 6,724 H-itt 12, 588 5, 440 7,148 6, 6 ! .r. 30 490 1 , 549 2, 987 2( 790 5, 566 2, 240 2,113 12,211 5,328 6,883 10, 941 5, 680 7,143 14. 202 * 12,901 11, 144 5, 685 7, 151 11,882 5,099 6,783 6,935 27,110 12,498 5, 664 7, 385 11,263 4, 745 6,518 H K %-ltf 1K-3K 2^-3M 3 2^-3 2M-2K 2H-H Ji-2^ 1.50 2 1.50 5.63 3.81 5. 43 1.50 2 1.50 5.63 3.81 5.76 1. 50 2 1.50 5.63 3.81 5.80 2.10 2-4 J4 *3. 50 5.63 4.06 5.00 2.50 3. 50 5.63 4.50 5.71 2.70 33i-4 3.50 5.63 5. 06 5. 43 2.65 3^-4 3. 50 5.63 £50 2. 50 3M-4 *3. 00 5.63 5.43 0 2.50 3H-4 3.00 5.63 5.44 5.50 2. 50 3H-3M 3.00 5. 63 5.27 5. 50 1M 1H \y± \y2 1M 2 2K-4 3-4 3-4 3K-4 3K-3M 2%-3H 2.3 114-2 1K> 5, 149 5,173 5,231 5, 217 5,213 5, 255 5,240 5,242 5,293 5, 262 5, 243 5, 282 372, 457 422, 699 468, 908 536, 660 564, 809 605,112 C65, 587 2691,794 697, 280 713, 867 733, 527 776, 330 329, 655 365, 798 395, 725 449, 933 479, 035 510, 763 569, 522 620, 139 634, 752 644, 487 679, 845 93 40, 745 158 180, 028 305 233, 505 522 471,380 175 67, 939 358 277, 051 342 2 125 219, 071 2 65, 720 273 31, 262 * 82 2 34, 409 2 135,864 1,983 HI 520 13 40 10 39 49 17 13 75 258 1,322 19 86 257 363 66 239 292 1, 944 136 427 9 37 18 52 49 14 6 61 181 1, 381 12 109 220 441 "8 235 286 1,936 113 449 13 50 14 49 2, 362 143 614 11 64 18 54 2 195 131 519 12 55 11 62 64 24 18 82 191 1, 545 19 114 289 411 124 260 328 2, 758 154 591 14 2, 81'; 2, 788 129 672 14 51 25 83 64 44 15 145 231 1,987 3M-4M 2 615, 508 2.50 2%-3K> 3.00 5. 63 4.79 0 0 5Q 2H~3 *2. 50 5. 63 4. 10 5.50 FAILURES Bank suspensions: Total _ number 128 Deposit liabilities thous of dolls 55, 604 Commercial failures: Total .,._. number-2, 596 Agents and brokers.. . -_ number 184 Manufacturers, total _ number 622 Chemicals, drugs, and paints number.. 16 Foodstuffs and tobacco number. . 58 Leather and manufactures number.. Lumber number 80 Metals and machinery number68 Printing and engraving number 38 Stone, clay, and glass number 19 Textiles number.. 100 Miscellaneous ..number 226 Traders, total number.. 1,790 Books and paper number.. 31 Chemicals, drugs, and paints number.. 120 Clothing number 386 Food and tobacco . number 440 General stores number.. 119 Household furnishings number 323 Miscellaneous number.. 371 3 Revised. V) 23 6 64 198 1,374 15 90 353 87 234 322 32 9 81 290 1, 605 18 112 284 447 105 260 379 20 65 49 29 11 116 235 2,013 16 142 421 591 159 343 341 3, 458 175 688 22 58 25 82 75 28 12 133 253 2,595 37 120 701 556 195 536 450 2,732 128 602 19 53 20 62 26 23 103 219 • 2,002 16 126 505 489 144 398 324 2 247 15, 289 2,951 201 642 17 53 19 86 80 24 14 105 244 2,108 14 148 437 545 158 487 319 * Rate changed May 8, Oct. 9, Oct. 16, 1931, Feb. 26, and June 23,1932. 2 "' 169 641 23 65 21 59 31 18 92 245 2, 006 24 123 448 475 110 426 400 114 434 511 134 386 381 2 149 2, (588 164 614 11 54 22 84 70 33 26 113 201 1,912 15 154 365 505 lUi 399 370 31 SURVEY OF CURRENT BUSINESS September, 1932 1932 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey July 1933 1931 July ! August l 80 1 ^ | October | N ^j D ^V Januaryj Febru- March i April j May Juno FINANCE—Continued FAILURES— Continued Cora morclal— continued . Liabilities, total . _ . , . .thous. of dolls.. Si l<)0 Agents and brokers-. thous. of dolls. i \ 04 2 Manufacturers, total .thous. of dolls i , ? 0< ) Chemicals, drugs, and paints thous. of doll .. 2 f )77 Foodstuffs and tobacco,. thous. of dolls >!>s .Leather and manufactures. thous. of dolls , . r Lumber thous. of dolls.. > <HO Metals and machinery... thous. of dolls. , S 115 Printing and engraving. .thous. of dolls _ 1,270 (AS Stone, clay, and glass thous. of dolls.. Textiles . _ _ thous. of dolls Miscellaneous thous. of dolls.. 11, VH Traders, total thous. of dolls.. M, 020 Books and paper.,. thous. of dolls. 55 S Chemicals, drugs, and paints thous. of dolls. 1,37} Clothing thous. of dobs 6, 4^10 Foods and tobacco thous. of dolls.. 8,287 General stores thous. of dolls 1,85* Household furnishings.. -thous. of dolls. f), 843 Miscellaneous thous. of dolK 9, 5 If) (>0 998 1? 321 JO 5S6 53, 025 10,210 16, 967 47. 256 7,741 14,857 70, 660 14,841 27, 334 60, 660 7,318 26, 1 1 2 73,213 12,373 22,454 ! 96,860 10,676 31,680 84. 900 10,016 33, 879 93. 760 16,349 31,293 101,069 16, 194 43,138 S3, V6-1 18, 100 36, 078 76, 931 14,462 25, 637 ST3 .V>5 2S5 492 701 1,266 596 1, 100 1,242 810 1,022 1,076 S36 1,836 2, 587 805 312 1, 480 679 935 477 646 3U> 483 524 3,492 2,632 683 216 2, 022 9, 580 28, 091 J03 252 3, 039 1,723 136 243 2, 035 8,717 25, 848 110 133 1,241 3,471 519 22S 1,252 6, 046 24, 658 575 3, 659 0, 1.83 750 2, 305 4, 619 7, 905 29, 486 668 198 3. 567 9,157 744 1,049 2, 004 7,341 27, 229 321 705 2,480 1,414 706 2,698 3,543 8.810 38,385 231 1.033 6,445 3,332 652 130 3,903 13,512 54,505 556 3,172 4, 347 5.398 1, 208 1,575 4, 357 10,431 41, 005 104 2, 390 5, 947 5,414 982 498 2,943 11,329 44, 118 139 1,188 5,757 6, 307 1, 265 945 4, 031 22, 030 47, 736 922 1, 337 9, 958 4, 549 1,546 252 4, 096 35, 585 445 491 5, 494 2. 703 1,059 700 4, 641 9, 751 36, 835 228 1,104 4,497 8, 201 1,151 6, 855 6,118 1,106 5, 056 7,260 1, 212 6, 008 5, 096 1, 464 4,722 4,884 1.314 5. 579 6,119 1, 348 6, 131 8,272 1, 734 5, 489 5, 845 1,323 4,309 7, 674 1, 502 5,828 6, 273 1,901 5,624 12,881 2, G16 7,721 7,410 2,254 11,262 12,681 4,957 11,358 11,437 1,890 8,687 10, 085 2.287 9, 531 8,422 1,929 5,327 ' 12,267 5,582 11,474 7,399 1,623 7, 921 15, 542 1, 629 10, 019 10, 080 1,342 7, 732 8, 856 2, 198 7, 729 7, 382 1, 756 5, 869 7, 892 1, 649 10, 348 9, 093 15,978 6, 3^3 1,535 4,818 16, 070 6, 359 1,533 4, 826 16, 135 6, 363 1,530 4,833 16, 227 6, 379 1,527 4, 852 16, 288 6,387 1, 523 4, 864 16,366 6,382 1,512 4,870 16,459 6,397 1,512 4,885 16, 537 6, 393 1,506 4,887 16, 572 6,383 1,498 4, 885 16, 581 6,365 1,487 4,878 16, 633 6,344 1,477 4,867 16, 641 6, 318 1, 467 4, 851 6, 035 1,213 1, 662 2, 657 503 2, 388 6, 092 1,258 1, 667 2, 663 504 2,409 6,143 1,292 1.663 2, 669 519 2,446 6, 159 1, 283 1,665 2, 687 524 2,508 6, 164 1, 284 1, 667 2, 688 525 2, 544 6,163 1, 290 1,664 2,683 526 2,655 6,177 1, 303 1, 672 2, 679 523 2,704 6,177 1.302 1878 2,675 522 2,742 6, 169 1,303 1, 674 2,671 521 2,785 6, 172 1,313 1, 673 2, 665 521 2, 827 6, 170 1,318 1, 670 2, 660 522 2,871 1, 276 22 994 260 905, 000 46, 000 253, 000 606 000 260, 103 17,979 8,114 55 C12 178, 398 1, 254 26 995 233 839, 451 45, 944 246, 908 546, 599 234, 652 9, 304 7, 895 62, 874 154, 579 968 22 723 223 720,218 37, 300 199,218 483, 700 222, 309 9,019 7, 521 55,319 150, 450 1, 035 18 761 256 817,858 40, 504 213.931 563, 423 241, 561 10, 125 7, 484 58, 365 165, 587 1,229 1,551 1,100 44 49 19 951 1,156 804 259 350 248 846,617 1,117,187 944,848 28, 595 101,205 ' 111,920 230, 344 261,773 ; 217,552 587, 678 754,209 i 615,376 235. 201 348,384 ! 248,576 9, 812 23,904 [ 14,434 10,166 8,862 7,464 59, 204 113,491 60,570 158,721 200,823 164,710 1,089 21 816 252 833, 324 35,123 220, 568 577, 633 249, 578 10,412 8,225 61, 157 169,784 1, 224 21 931 271 889, 664 46, 574 251, 059 593, 031 261, 166 13,003 9, 333 56, 810 182, 020 1, 144 36 860 248 822, 990 64, 884 236, 898 521, 208 250, 826 13, 331 8,178 57, 693 171,624 1,900 23 833 233 760, 127 49, 114 222, 956 488, 057 245, 270 12, 287 7, 205 57, 954 167, 824 635 267 63 74 231 589 243 61 69 217 535 221 57 61 196 124 600 258 61 64 216 593 268 58 61 206 639 279 66 65 229 123 245 54 59 199 531 230 52 59 190 536 232 53 56 195 137 . 585 .139 .075 .867 .060 3.65 .039 .237 .272 .051 . 303 .404 .083 .187 .472 ! i ; ' ! LIFE INSURANCE (Association of Life Insurance Presidents) Assets, admitted, total .mills, of dolls-Mortgage loans . . mills, of dolls Farm _._ mills, of do'ls.. Other mills, of doll> Bonds and stocks held (book value)... mills, of dolls Government. mills, of dolls Public utility mills, of d )lls>.. Railroad __mills. of dolh. Other... mills, of dolls Policy loans and premium notes.thous. of dolls. . Insurance written: Policies and certificates _ ... thousands 1, 091 Group . thousands.. Industrial thousands. . M5 Ordinary ... . ... thousands 22<s Value, total.. thous. of dolls.. 6')?, 1 1 1 Group thous. of dolls 5'> ( M Industrial thous. of dolls JOf), ( , t l Ordinarv . thou". of dolls { IcS, iS> Premium collections thous. of dolls.. Annuities thous. of dolls Group . . thous. of dolls Industrial _. _ thous. of dolls Ordinary thous. of do'h. 6,167 : 1, 289 1,667 2,686 525 ; 2,594 2 2 2 1, 101 26 830 2 246 769, 330 50, 606 213, 298 505, 432 242, 298 10, 992 7, 683 55, 020 168, 603 (Life Insurance Sales Research Bureau) Insurance written ordinary, total-mills, of dolls.. Eastern district. _ . mills, of dolls Far Western district ... mills, of dolls.. Southern district.. ...mills, of dolls... Western district. . mills, of dolls Lapse rates 1925-1926 — 100 486 211 47 51 177 630 279 64 67 220 800 342 80 89 289 127 635 289 63 68 214 MONETARY STATISTICS Foreign exchange rates: Argentina dolls, per gold peso.. . 580 .699 .520 .588 .646 .597 Belgium dolls, per belga.. .140 .139 . 140 . 139 .139 . 139 Brazil dolls, per milreis .076 .072 .064 .059 . 056 . 062 Canada dolls per Canadian doll .891 ; .890 .871 .997 .963 .997 Chile dolls, per peso.121 .060 . 121 . 121 .121 .120 England dolls, per £._ 3. 89 3. 72 3. 55 4.86 4.86 4.53 France dolls, per franc.. .039 .039 .039 .039 . 039 .039 Germany dolls, per reichsmark.. .238 .232 .237 .234 .233 .237 India dolls, per rupee-.267 .360 .359 .339 .287 ! .280 Italy dolls, per lira-.051 .052 i .052 .052 .052 .052 Japan _ dolls, per yen . 275 .494 .493 : .493 .493 .494 Netherlands dolls, per florin.. .404 ! .402 .403 .403 .403 .403 Spain dolls, per peseta.. . 081 .093 .090 .086 .088 .090 Sweden.,. __ dolls, per krona .182 . 231 . 207 .268 .268 .261 Uruguay dolls, per peso.. . 349 . 450 .476 .543 .419 .460 Gold and money: 4, 447 4, 363 Monetary stocks, IT. S .mills of dolls... 3, 941 4,958 4,975 4,948 Movement, foreignEarmarked by F. R. B., foreign account thous. of dolls.. 339,210 61.231 77, 231 356, 321 463, 931 435, 621 Net re lease from earmark ..thous. of dolls- 56, 237 -29, 700 -16,000 -279,090 -107,600 28,310 4, 994 1,009 Exports thous. of dolls.. 23, 474 39 28, 708 398, 604 Imports thous. of dolls.. in, 334 49, 269 60^ 919 94. 430 20,512 57, 539 20, 561 -337,685 i 89,436 Net gold imports* thous. of dolls.. -7, 137 19,503 57, 500 Production, Hand _ .. fine ounces916,843 916. 425 916, 000 945,113 900,510 Receipts at mint, domestic fine ounces-- "m,~4ifi 1 18, 123 115,343 128,928 123,748 134,775 .'., 75] 5. 133 4, 836 4, 947 Money in circulation, total. ..mills, of dolls .. 5,478 j 5,518 Federal Reserve notes. (See Fed. Res. Rks.) 2 Revised. .585 .139 .062 ! .827 .121 3. 37 .039 .236 .254 ; . 051 .435 .402 . 084 . 187 .446 .583 .139 -.062 .851 .121 3. 43 .039 .237 .258 . 050 .360 .402 . 084 . 192 .449 . 582 .139 .062 .873 .121 3.46 .039 .237 .260 .052 .343 .404 .078 .193 .462 .583 .139 .062 .895 .121 3.64 .039 .238 .273 .052 .322 . 403 .076 .199 .471 .582 .140 .065 . 899 .107 3.75 . 039 .237 .280 .052 .328 .405 .077 .191 .473 . 583 .140 .071 .884 .060 3.68 .040 .238 .273 .052 .320 .406 . 081 .187 .475 4,450 4,452 4,384 4,372 4, 381 4, 273 2 3, 955 395, 447 458,534 I 433,150 406, 781 348, 479 344, 500 366, 650 58, 302 26, 369 3, 979 -22,150 -28, 797 -22,913 i 25,384 43. 909 226, 117 32,6.51 107,863 128,211 49, 509 212, 229 19, 238 2 20, 070 89,509 34,912 37, 644 19, 271 16, 715 56,858 i- 72, 951 -90, 567 —24, 671 -30,238 - 195,514 2 -206, 047 959, 01 1 923, 353 936, 784 914,012 960, 035 9-19, 796 965, 644 91,273 KM, 770 91,704 85, 906 1 00, 763 123,555 89,185 5, 530 5, 531 5, 627 5, 452 5, 456 5,611 6,645 * Or exports (-). 32 SURVEY OF CURRENT BUSINESS 193*3 i1 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey September, 1932 1931 July July ; August 1033 0m- October ^f1' Decem her Se January F ary U " i March i A Pril Ma June y FINANCE— Continued ; MONETARY STATISTICS— Continued I Silver: Exports _ „ .thous. of dolls.. Imports . thous. of dolls.j Price at New York dolls, per line oz. J Production, estimated, world (85 per cent of total) thous, of fine oz Canada thous. of fine oz._ Mexico thous. of fine OK... United States .... .thous. of fine oz.. Stocks, end of month— United States thous. of fine cz__ Canada - ..thous, of fine oz.. 2,305 ! 1,603 .2N3 828 1,288 . 267 1,951 1.824 2, 158 ' 2,573 .295 872 2,138 .322 2, 168 3, 215 .301 1,611 2, 097 .298 942 ; 2,009 i .301 : 12,855 < 12,643 2, 13 i 1,610 0,3<,0 • 6,814 2, 17d ' 2,419 12, 490 1,403 7,510 2, 101 12,992 1,987 : 7,312 : 2,181 ! 11,739 1,659 6,295 2,132 10,821 1,113 o, 590 2, 350 11,571 1,484 6, 231 2,114 11,086 : 1,539 6,293 ; 1,677 ; 4,066 ; 5,035 1,110 I 1,471 6, 209 1, 273 6,517 1,324 6,403 1,538 ! 2,240 1,363 4, 082 989 ; .' 1,617 ! 1,865 1,890 ; 1,547 .283 ; .278 9, 113 ;! 10,801 ' 11.311 1,128 1,338 ; 1,227 4,518 ij 5,730 ; 6,483 1,785 2,104 1,884 7,479 ! 1,677 | 1,268 1,401 . 275 933 2 2, 307 5,821 1, 626 6,718 1,681 2,446 1,983 18,507: 18,597 19,037 19, 487 543,759 : 447,619 98,822 1 91,635 21,383 < 18,004 55, 201 60, 103 20,469 22,324 443,210 244, 089 17, 373 206, 994 160, 502 i of dolls...1 ' of dolls...1 of dolls.. of dolls...: _ of clolls-_ __ of dolls... :__ i 1 390 267 97 14 29 d1 3 d1 d 30 22 d2 2 d 13 d 13 33 79 125 64 -._, Steel andrailroad'equipment. mills, of dolls „; Miscellaneous .. mills, of dolls..! Public utilities.--. ..mills, of dolls. J1_ Railroads, Class I .. mills, of dolls.... Telephones— — mills, of dolls... PUBLIC FINANCE (FEDERAL) 967 1 1,809 i .298 j 2, 183 2, 355 .282 NET CORPORATION PROFITS (Quarterly) Profits total mills, Industrial and mercantile, total mills, Autos, parts and accessories.mills. Foods mills, Aletals and mining mills, Machinery mills, j 2,024 2,685 ,275 2,077 7o4 4,622 1,645 ' d1 48 59 167 67 .... .. _ . 254 4 ' -- i ....... .J ' 2Q 4 i 16 03 4 d 0 2 • dO.3 i 0.5 d 21 28 70 66 5g 5 9 9 0 7 ; • Debt, gross, end of month mills, of dolls..; 19, 612 10,802 ; 10,864 Expenditures, chargeable to ordinary : receipts thous. of dolls. J 347 gg() 830.661 i 323,838 Receipts, ordinary, total thous. of dolls..: ioo'. 052 131,706 : 122,141 Customs thous. of dolls.. 18,87(5 34, 480 :i 38, 240 Internal revenue, totaltrious. of dolls.. 61, 686 74, 169 68,394 Income tax ..thous. of dolls..: n't 457 24,376 \ 25,211 17, 321 356, 630 368, 792 35, 500 312,581 263, 877 17,310 17, 825 17, 816 416,472 , 292,652 134,649 106,304 35, 175 ; 27,445 72,356 i 59,098 25, 773 19, 546 17,292 862, 848 342, 271 20, 549 29", 499 256, 522 232, 927 107, 748 27, 180 62, 539 22, 134 370,986 97,140 23,191 59, 054 23,317 130, 787 130, 787 0 70,202 583 0 5,784 2, 619 500 1, 979 51,285 12,550 0 6, 000 54, 585 139, 391 139, 391 0 86, 331 19, 100 0 5,785 3,185 0 2, 575 53, 398 0 8, 048 12,000 41, 060 193, 939 193, 939 0 48, 164 2, 319 0 1, 225 1, 075 0 690 44, 620 0 0 12, 500 133, 275 91,497 94,497 0 44, 551 100 .18,126' 385,486 275,932 23,231 231, 830 192,703 1 ! i 1 j CAPITAL ISSUES Total, all issues (Commercial and Financial Chronicle) ___thous. of dolls . Domestic total thous. of dolls... Foreign total thous. of dolls.. Corporate total" - -thous. of dolls., Industrial .thous. of dolls.. Investment trusts .thous. of dolls... Land, buildings, etc .thous. of dolls..! Long-term issues thous. of dolls... Apartments andhotels.thous. of dolls.. Office and commercial -thous. of dolls,.: Public utilities thous. of dolls..: Railroads . thous. of dolls..: Miscellaneous thous. of dolls.. Farm loan bank issues ..thous. of dolls.. Municipal, States, etc thous. of dolls.. Purpose of issueNew capital total thous. of dolls Domestic total thous. of dolls. _ Corporate -thous. of dolls.. Farm loan bank issues. thous. of dolls.. Municipal, State, etc. .thous. of dolls.. Foreign thous. of dolls Refunding, total thous. of dolls,. Corporate thous. of dolls.. Type of security, all issues: Bonds and notes, total thous. of dolls..; Corporate thous. of dolls., Stocks thous. of dolls.. State and municipals (Bond Buyer): Permanent (long term) thous. of dolls.. Temporary (short term) thous. of dolls.. 154 i->i 154' i r u ' 0 ns 871 1,000 0 o 0 o 0 no, 529 0 342 16,000 26, 250 267, 137 267, 137 0 155,934 15,439 844 1,651 800 0 350 136,800 0 ! 126, 836 126, 836 0 51,997 ! 9,597 0 i 2,650 ! 2, 100 0 1, 985 27,456 : ' 12, 295 0 74,839 313. 330 263, 330 50, 000 176. 264 4,550 0 67, 009 66, 785 0 66, 445 42, 080 60, 000 2,625 20, 000 117,066 45, 932 45. 932 0 17,891 2, 160 941 9.625 9, 125 0 9, 125 2,000 0 3, 165 12, 000 16, 041 ior' ^()9f 222,564 i 120,329 103 84 t 222 564 i 120 329 02' 812 115, 070 46, 197 IB, 000 15,000 ' 0 25, 057 92, 495 i 74, 132 0 0 ; 0 50,221 44,573 6,507 49,029 40,864 ; 5,800 270, 540 220, 540 106,381 0 114, 158 50, 000 42, 791 19, 883 44,988 44,988 17, 391 12, 000 15, 597 0 945 500 110,215 110,215 50, 1 23 6, 000 54, 092 0 20,571 20, 079 118, 751 118.751 66, 984 12, 000 39, 767 0 20, 641 19, 347 179, 919 179, 019 46, 664 0 133, 255 0 14, 020 1, 500 73,389 160,612 73,389 160.612 38,863 48,217 0 5 000 34,526 107,365 0 ! 0 21, 109 29, 408 5,688 9,097 153, 121 265,017 > 114,674 no, 871 153.814 : 39,835 i 000 2, 120 ! 12, 162 300, 465 163, 399 12, 865 42,326 106,932 14, 285 ! 46, 347 3,606 I 23,855 100, 523 47, 463 38, 868 189, 520 43, 745 4,419 90,685 40,738 3,813 85,327 75,618 45,602 ; 91,522 119, 142 104, 129 13, 293 50,122 49, 244 83, 142 135, 154 111,018 1,200 ; 15,000 ; 96,203 \ o i ; : : | ! ! 1 i 54, 322 74,625 190,020 ! 142,319 190 020 ! 142,319 ' 0 0 57, 344 48, 194 341 , 0 122,862 122,862 0 22, 231 0 2,900 1,911 490 0 905 490 0 0 0 0 755 ! 0 34,901 51,097 : 46,206 4,950 3,425 0 1, 700 571 i 1, 498 15,000 25,000 i 25,000 34, 947 ; 107, 675 69, 126 0 0 0 0 22,031 0 200 15.000 85, 631 142, 206 142, 206 0 29, 340 0 0 125 80 0 0 19, 888 9, 327 0 30, 000 82, 866 70,268 91,241 70,268 • 91,241 15,070 7,231 25, 00 0 30,199 84,011 0 0 72, 051 i 31, 621 33,124 : 15,000 77, 944 77, 944 4,110 0 73, 835 0 64, 262 25,231 ] 9,7,282 i 142,319 ' 122,862 54,607 i 48,194 >, 22,231 2, 738 ! 0 0 142, 206 29, 340 0 35, 310 • 88, 642 1 60, 883 " 85, 396 100,757 174,948 i 118,077 i 45,386 76, 519 120, 337 o 6 0 i i | i ! | | o SECURITY MARKETS Bonds Prices: All listed bonds, avg. price (N. Y. S. E.} .dollars. 74 27 Domestic issues dollars.. 79. 25 Foreign issues dollars 05 52 Domestic (Dow-Jones) (40) .. p. ct. of par 4% bond..' 42 98 Industrials (10) p. ct. of par 4% bond.. 37, 7h Public utilities (10) -p. ct. of par 4% bond.. 64. 73 Rails, high grade (10) p. ct. of par 4% bond.. 70.97 Rails, second grade (10) p. ct. of par 4% bond 27 52 Domestic (Standard Statistics) (60) . .. dollars . . : 74. 2 Domestic U. S. Liberty (N. Y, Trust) (5) . _._ .p. ct. of par 1 102.89 Foreign (N. Y, Trust) (40).. ...p. ot. of par .J 51.72 2 Revised, : i 93.14 : 95.49 89.13 91.09 93.75 86.54 81.70 88.34 70.04 79. 28 i 86. 13 67.28 75. 19 84. 13 59.55 72.29 80. 19 58.35 73. 45 80. 34 61.31 75. 31 82. 02 63.51 , 76. 12 80. 57 '• 68.30 ; 74. 49 79. 31 65.99 i 70. 62 73. 57 65.40 71.71 75. 66 64. 78 80.99 67. 75 83. G8 77.05 85. 82 82.81 72.24 61.60 78.40 65.06 ; 55.48 71. 93 | 64.08 56.31 72. 15 53. 23 47.37 65. 84 57.47 50.04 06.09 57.23 48. 84 66.23 ! 58.25 ! 49. 51 i 69.61 \ 49.42 43. 42 66.11 43.08 38 14 63.88 41.39 35.99 60.49 97. 70 95. 14 92.70 84.35 ! 83.73 75. 29 76.95 75. 30 i 79. 28 73. 23 • 69 69 68.78 80.34 !, 99.4 70.76 98. 5 64.11 95.6 56.49 i 89.4 ; 53.02 89.0 39. 11 81.6 46.54 81.0 47. 52 ! 80.4 46, 54 1 82.8 | 34. 33 79.4 27. 30 75.2 26.47 106. 09 !i 106. 04 72, 32 71. 02 103. 76 53, 98 100.37 ' 56. 10 100.86 50, 20 98. 23 45.61 96.01 49. 63 99. 16 ; 51.45 • 99. 63 ! 102. 24 I 100. 78 50.13 i 16.37 ^ 41.71 101. 79 44. 47 d -deficit. ; September, 1932 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey SURVEY OF CURRENT BUSINESS 1932 July 33 1931 July 1932 October November August I ' i January J ary March Apri l May June FINANCE—Continued SECURITY MARKETS— Continued Bonds— Continued Sales on New York Stock Exchange: Total thous. of dolls, par value Liberty-Treas.._thous. of dolls, par value. . Value, issues listed on N. Y. S. E.: Par, all issues . _ .mills, of dolls _ Domestic issues mills, of dolls.. Foreign issues mills, of dolls.. Market value, all issues.. _ .mills, of dolls.. Domestic issues mills, of dolls Foreign issues mills, of dolls Yields: Domestic (Standard Statistics) (60) .per cent.. Industrials (15) .per cent Municipals (15) percent.. Public utilities (15) ...per cent.. Railroads (15) . . per cent Domestic, municipals (Bond Buyer) (20) per cent Domestic, U. S. GovernmentTreasury bonds (3 long term) per rent.. Treasury notes and certificates (3-6 months) per cent 240, 720 46, 432 227, 899 8,284 199, 710 8, 675 305, 816 38, 493 346, 979 56, 157 236, 617 37, 389 337, 826 61, 046 286, 527 67, 676 217,385 54, 794 252, 712 51,281 252, 354 68, 916 258, 441 86, 816 257. 180 67, 049 51,991 33, 152 18, 839 38, 615 26, 272 12, 343 51, 939 32, 746 19, 192 48, 376 31, 269 17, 107 51, 950 32, 762 19, 188 47, 319 30, 714 16, 605 52, 671 33, 551 19, 121 43, 031 29, 640 13, 392 52, 599 33, 500 19, LOO 41, 703 28, 852 12, 850 52, 547 33, 451 19, 097 39, 512 28, 141 11,371 52,380 33,409 18,951 37,848 26,791 11,058 52,242 33,329 18,913 38,372 26,777 11,595 52, 245 33, 306 18, 939 39, 347 27, 319 12, 028 52, 277 33, 343 18,934 39, 794 26, 863 12, 931 52,218 33, 329 18, 890 38, 897 26, 431 12. 465 52, 193 33, 307 18,886 36, 857 24, 504 12, 352 52, 086 33, 219 18,868 37, 353 25, 132 12.222 6. 50 8.67 5. 10 5.65 6.60 4.44 5.13 3.88 4.42 4.32 4,50 5.26 3.88 4.40 4.47 4.70 5.64 4.00 4.50 4.66 5.16 6.21 4.51 4.77 5.14 5.19 6.08 4.62 4.89 5.17 5.81 7. 24 4.86 : 5.29 i 5.86 5.86 7. 11 5.28 5.36 5.70 5.91 6.98 5.40 5.49 5.78 5.70 6.79 5.09 5.30 5.60 6.00 7.33 5.02 5.50 6.16 6.41 8.35 5. 06 5. 65 6. 57 6. 72 9. 17 5.10 5. 77 6. S3 3.86 3.85 4.06 4.34 4.45 4.87 4.94 4.96 4.73 4.77 4.94 5. 09 3.65 3.32 3.34 3.42 3.71 3.69 3.92 4.27 4.11 3.92 3.74 3.77 3.73 .22 .41 .42 .45 1.70 1.77 2. 41 2. 48 2.42 2.25 1.11 .31 . 34 814,400 2944,976 255, 400 2385,900 489, 858 244, 700 532, 840 232, 500 747, 157 288, 400 557, 742 251, 000 670,951 231, 100 997,938 403, 100 443, 200 195, 900 494, 269 214, 700 654, 200 226, 700 493, 800 224, 800 685, 01 1 244, 700 185, 500 2 265, 000 12, 000 2 41, 000 11,400 4,900 557, 000 559, 076 122, 561 212, 819 113,820 199, 836 12, 984 8,741 169, 700 33, 500 6,000 245, 158 380, 793 348, 437 32, 355 174, 000 25, 500 6,000 300, 340 286, 265 266, 372 19, 894 225, 000 36, 000 8, 500 458, 757 232, 255 206, 070 26, 185 183, 000 32, 450 10, 550 306, 742 371, 135 343, 006 28, 128 179, 500 28, 800 10, 800 439,851 284,499 249,075 35,424 300, 000 42, 500 11, 600 594,838 202,300 181,637 20,663 143, 000 29, 000 7,900 247, 300 366, 996 337, 527 29, 469 158, 800 30, 500 4,900 279, 569 250, 405 239, 461 10, 944 164,500 28, 200 7,500 427, 500 101.700 154,515 7 255 169,000 21,700 6, 100 269, 000 271,120 *"l3i 546 1 80, 000 9,900 5, 300 440,311 216, 662 187, 801 28. 861 1,216.5 927. 11 2, 105. 4 912. 11 2, 077. 4 920. 56 2, 010. 6 920. 69 1, 935. 0 922. 59 1, 888. 5 922. 59 1, 807. 1 923.36 1, 744. 2 1,621.4 922. 57 922.50 1, 545. 0 1. 476. 6 1,367.1 924, 54 922. 76 924. 68 2 1,245.9 2 927. 05 1.31 4.78 .99 1. 95 2 35 1.12 2.31 6.14 1.81 3.38 3.00 4.75 2.26 6.11 1.75 3.38 2.99 4.75 2 18 6.11 1.70 3 35 2.95 4.23 2.10 6.11 1.64 3.08 2.87 3.91 2.05 6.11 1.60 3.08 2 87 3.64 1.96 6.31 1.55 3.00 2. 84 2. 79 143. 6 58.2 79.9 129. 36 193 83 64. 88 98.2 89.8 157.5 76.3 138.8 66.9 70 1 124.32 190. 59 57.87 95.5 88.5 154.0 66.2 1J8.8 47.9 58.6 101.62 156. 80 46.44 81.7 75.8 131,9 56.1 101.8 40.3 53.2 95.69 146. 65 44.72 69.7 64.8 111. 9 48.4 104.0 40.0 48.6 90.40 142. 97 37. 82 71.7 67.5 114.7 46.0 111.0 105.4 33, 540 104.2 102. 5 24, 8&0 88,2 86.4 51, 140 78.8 72.2 47, 895 44. 423 1, 303 44. 587 1,314 32, 327 1,317 5. 66 5 89 4.33 7.54 5.74 5,94 4.36 8.15 5.59 5 56 Cash Dividend and Interest Payments and Rates Total (Journal of Commerce). ..thous. of dolls. . Dividend payments thous. of dolls.. Industrial and miscellaneous thous. of dolls.. Railroads steam thous. of dolls Railways street thous. of dolls Interest payments thous. of dolls. _ Dividend payments (N.Y. Times) .thous. dolls.. Industrial and miscellaneous.. .thous. dollsRailroad ...thous. dollsDividend payments and rates (Moody' s): Dividend payments, annual payments at current rate (GOO companies).— mill, dolls.. Number of shares, adjusted millions.. Dividend rate per share, weighted average (COO) dollars.. Banks (21) dollars Industrials (492)" dollars.. Insurance (21) dollars.. Public utilities (30) dollars.. Railroads (36) dollars.. 1.89 6.31 1.48 2.95 2. 83 2. 64 1.76 6. 17 1 33 2.95 2.80 2.36 1.67 5.43 1.27 2.89 81.2 33. 3 35. 8 74,20 11996 28. 44 57. 7 54. 3 95.6 33.0 ! 79.4 32. 2 37. 9 73.80 116.92 30. 68 58. 0 54. 4 94.4 36.6 82.2 75.0 37, 369 60.6 54.9 50, 190 ; 34, 247 1, 319 31, 105 1,319 6.51 6. 63 5.11 9.59 7 28 7.49 5.74 10. 07 7.06 7.32 5.50 9.79 8.66 9.04 6.60 12.70 5. 78 6.25 6.22 6.74 1.48 5. 43 1.09 2.77 2. 68 1.37 2 1.34 4.7ft 1.01 5L21 1.60 5 43 1.22 2.77 2.69 1 68 80 0 32.7 36.8 74. 10 118.92 29.28 56.5 52.9 92.8 34.2 81.5 29.3 34.5 70.78 115.42 26.14 56.8 53.8 93.4 32.1 62.7 25. 3 23.8 52. 85 87.88 17. 81 43. 9 41.7 73.3 22.2 53. 3 22. 4 18.3 46. 06 77. 96 14. 16 39.8 38.1 67. 8 40. 0 18.0 15.7 44.52 67. 65 1 2. 39 34. 0 63.8 46.9 34, 342 64. 1 48. 1 31,719 67.1 51.9 33, 061 45. 3 30. 5 31, 403 46. 6 28. 3 23, 151 39. 4 25.4 22, 99,8 26,694 I 26,378 1,319 i 1,319 27, 586 1,320 20,319 1.325 16, 141 1,320 15,633 9.13 9. 52 7.34 12. 74 K102 8.08 11.86 7.43 2 2 -I 9 1. 12 Stocks Prices: Dow-Jones — Industrials (30) dolls, per share. _ 46.2 Public utilities (20) dolls, per share „ 18.fi Railroads (20) .dolls, per share . 16.1 New York Times (50) dolls, per share-40.18 Industrials (25) dolls, per share-66. 87 Rail roads (25) dolls, per share.. 13. 50 Standard Statistics (421) ..-1926 = 100 35. 9 Industrials (361) 1926=100 35. 8 Public utilities (37) .1926=100 Railroads (33) 1920 = 100 %.l Standard StatisticsBanks, N. Y. (20) 1926 = 10043.2 Fire Insurance (20) 1926=100 2f>, 9 Sales, N. Y. S. E thous. of shares.. 23, 056 Value, and shares listed, N. Y. S. E.— Market value all listed shares mill, dolls., 20, 495 Number of shares listed millions-. 1, 315 Yields: Common, Standard Statistics (90) per cent.. 8. 85 Industrials (50) per cent.. 8.80 Public utilities (20) per cent.. 8.75 Rai Iroads (20) per cent. . 9.91 Preferred, Standard StatisticsIndustrials, high grade (20) per cent.. 8.22 , i ! i 8.22 8.89 6.37 9.01 8.04 8.81 6.06 8.60 24, 502 1.314 ' 7.16 7.53 5.74 9.15 6.80 6.89 6.78 Q ^7 !"5! 0 14. I 10.30 ] 0. 1 5 10.21 12. -5.S. 33 Stockholders (Common Stock) American Tel. & Tel. Co., total numberForeign number. _ Pennsylvania Railroad Co., total number-Foreign-. _ number.. U. S. Steel Corporation, total number.. Foreign number.Shares held by brokers „ per cent of total 1 Revised. 612, 755 6. 870 :2241. 391 1 3.284 169, 017 2. 701 13. 16 _. 642.427 !! 6,947 2245.509 3 268 179,572 2 803 13 21) _ - 667, 238 7, 047 2248,324 — 3, 267 187, 409 2,924 11 97 703, 080 7, 147 250, 822 3 30" 196,986 3 OSi 16.03 34 SURVEY OF CURRENT BUSINESS Earlier data, together with explanatory footnotes, may be f ound in the 1932 \ Annual Supplement to the Survey 1 933 July September, 1932 1933 1931 July ! August cm- ; Doeem- i January i ° V^t- " October * ^ fe 111 ( Fe U V~ " 1 March i, Aroil dl> May • June FOREIGN TRADE INDEXES Value: Exports, unadjusted 1923-1025 = 100. Exports, adjusted for seasonal_1923-1925 = 100_ Imports, unadjusted „ 1923-1925 = 100_ Imports, adjusted for seasonal 1923-1925=100_ Quantity, exports: Total agricultural products,.1910-1914= 100. Total, excluding cotton 1910-1914=100. SC 34 VALUE Exports, incl. reexports thous. By grand divisions and countriesAfrica thous. Asia and Oceania thous. Japan thous. Europe thous. France thous. Germany thous. Italy...". thous. United Kingdom thous. North America, northern..thous. Canada thous. North America, southern ..thous. Mexico thous. South America.. ..thous. Argentina _.. thous. Brazil thous. Chile thous. By economic classes— Exports, domestic thous. Crude materials thous. Raw cotton mills. Foodstuffs, total. .thous. Foodstuiis, crude. thous, Foodstuffs, manufactured thous. of doll? Fruits and preparations.mills. of doll? Meats and fats mills. of do'.Is Wheat and Hour mills. of dolls Manufactures, semifinished thous. of dolls Manufactures, finished..thous. of dolls Autos and parts mills. of dolls Gasoline mills. of dolls Machinery. mills. of dolls Imports, total thous. of dolls By grand divisions and countries—Africa thous. Asia and Oceania.__ ..thous. Japan ...thous. Europe thous. France thous. Germany thous. Italy thous. United Kingdom thutis. North America, northern, .thous. Canada thou c -. North America, southern._*h« us. Mexico thous. Scut h Amcrica thous. Argentina tlu u". Brazil thous. Chile ..thous. By economic classes— Crude materials thoup. Foodstuffs, crude thou-, Foodstuffs, manufactured. thou. c . Manufactures, semiiinished thous. Manufactures, finished thous. lf;4,SOS 184,070 2150,022 2153, 972 ,2155, 250 |2135, 359 2132.188 180,228 : 204, 9C5 4,140 34. 548 12, 370 90. 361 7, 726 12, 3, 986 34, 589 28, 471 27. 797 12, 266 2, 856 10, 230 3, R5S 1, 996 700 2,717 39. 408 20. 742 74, 038 8,800 11, 004 4, 027 33, 306 20, 551 20,247 9,791 2, 554 7,419 2,207 2 275 552 161, 494 25, 500 9.9 28, 050 9, 981 3, 734 35, 746 16, 582 70.413 10,451 13,388 3, 673 23, 383 25. 328 24,993 11,410 2 914 8 622 3, 063 2. 439 350 180, 801 68, 407 47.3 27, 9, 404 100 H-4 1M. 195 13.4 IS 012 18,331 57,327 7. 4 7.0 13.8 130,978 18, 293 61,343 9.3 6.3 13.5 131. 189 1.5U J 2.3S4 23.7S1 I 4S.772 8.571 16, 21 ,C2S I 51.3.r/! TRANSPORTATION AND COMMUNICATIONS I i j TRANSPORTATION 1 Express Operations <? 9,773 139 i 9, 428 134 9, 695 135 8.206 ! 8. 206 .s__ ~6lS,"lS}3~ 741,327 i 713.467 [ 56.981 i 55. 835 8.206 734, 422 55. 966 3 S._ 9, 150 119 9, 470 131 8,459 135 7,701 133 8.225 i 8.225 795,443 i 745, 280 59,704 i 56.211 8. 225 803, 216 59. 970 8. 255 766, 176 56. 686 8. 225 724, 195 53. 428 7,9: 1.133 ! | Electric Street Railways »Revised. 9,540 I 129 8.2 773.0 56 7 7,85? 8, 036 118 September, 1932 35 SURVEY OF CURRENT BUSINESS 1931 Earlier data, together with explanatory j_l__L_!' footnotes, may be found in the 1932 i Annual Supplement to the Survey \ July | July ! August i St'Pt(;m- October I i uer i i i January February her April I March Alay j June TRANSPORTATION AND COMMUNICATIONS—Continued TRANSPORTATION— Continued Steam Railroads Freight carload ings (F. R. B.): Index unadjusted J 923-1 925 = ] 00 j 51 78 76 Coil 1923-1925 — 100 43 64 68 Coke J 923- 1925 -100 : 21 41 38 Forest products 1923-1925—100 21 38 38 Grain and products iG'^3- 1925— ' 00 84 95 120 Livestock 1923-1925-100..; 45 64 56 Merchandise, 1. c. 1 1923-1925 = 100..; 68 87 86 Ore 1923-1925 — 100 < 17 92 89 Miscellaneous 1923-1925-100. . 52 83 81 Index, adjusted 1923-1925- 100. .: 51 76 72 Coal 1923-1925—100 ' 49 73 70 Coke 1923-1925 = 100..:! 24 46 42 Forest products 1923-1925 — 100 21 38 36 Grain and products 1923-1 925 = 100—' 70 100 78 Livestock 1923-1925 = 100.. 54 67 72 Merchandise, 1. c. 1 1923- 1925 = 1 00.. j 69 86 £9 Ore -. -. 1923-1925=100..; 9 51 79 Miscellaneous 1923-1925 = 100..; 49 2 Total cars* thousands.. i 2,422 3,6S2 2, 990 2 Coal thousands '• 361 552 475 Coke thousands . 13 224 18 2 Forest products thousands ; 73 111 133 Grain and products thousands 185 2273 178 2 Livestock thousands ! 72 90 87 2 Merchandise, 1 c 1 thousands 816 856 1,047 Ore thousands ' 31 2174 140 2 Miscellaneous thousands :'• 872 1, 126 1,399 Freight car surplus, total thousands 764 574 564 Box .. . thousands.. 387 288 303 Coal thousands 304 211 206 Equipment, mfrs. (Sec Trans. Equip.): Financial operations (Class I roads): Dividends paid. (See Finance): 377, 146 364, 525 Operating revenues thous. of dollars...! 290, 348 280. 103 Freight thous. of dollars...; Passenger thous of dollars -- ... .. 50. 272 49, 183 Operating expenses thous. of dollars...; 280, 1 27 269, 463 Net operating income thous. of dollars... 56, 535 55, 859 Operating results (Class! roads): 30 276 Freight carried 1 mile mills of tors '._ 29, 348 1.051 1. 041 Receipts per ton mile . cents. - i 2, 077 2,116 Passengers carried 1 mile millions... j Waterway Traffic Canals: i C°pe Cod '•roil tons 213 7^0 New York State tl oils t f horf tons 370 Pauamti, total trous c f l o i i g t c n ^ 1,^.60 L S vesve^ inoti of If nc tons 576 Bt LttVK'pcp <^hort ton^ 822, :>7h SauK Stt-. Mai:e „ thous o f x l o r t t o n s 2, 6 >S Suez . _ thous. of l i t t ton Wellend short tonv 1,02^,828 Rivers: \iUghonv sho t ton<« 10° 3X0 Mississippi f G o v t . bar t < - > sport toes . 105,^00 Mononuahelci thoub of sh r t ton 5* 2 Ohio ( P i t t s , to Wheeling °hort tons 3f f, >0' Ocean tratlic: Clearances, vessel in foreirn trade tbous. of net tons . 5,751 Foreign . .thous. of net tons.. 11 3,091 U n i t e d States thous. of net tons.. 2,060 Shipbuilding. (See 1 rans. Equ'p.) 111, 172 R l/ 1,^0. X20 716 <• il 7,ri-> f J,9 3 87l, r l<3 -*, 024 1(4 3(0 io 1 7, :..°>6 4, 794 2, 7-12 Travel Hotel business: Axeracre sale per occupied room dollars.. 3.09 lioom* occupied per cent of total.-. 45 Foieigu travel: ' \ r r i \ a l s . U S. citizens number.. 30, 944 Departure, IT. S. citizens number..'..-. 46,961 7 4?S E i p j grants number ] Imrni grams number..' 3, 174 Passports i°^ued _number..' 15,967 17, 667 National parks: Visitors .. number 502,762 577, 284 Automobiles. number...: 133, 025 140, 164 Pullr.ian Co.. Passengers carried thousands.. 1 2. 023 Revenues, total thous. of dolls__ 5,413 ! COMMUNICATIONS Telephones (class A companies): 96. 298 Operating revenues. .thous. of dolls.. Station revenues thous, of dolls 62, 398 Tolls' message thous of dolls 26, 077 Operating expenses thou?. of dolls..;. _ 66, 034 Operating income thou?. of dolls.. 21, 621 Stations in service, end of mo thousands..! 17,018 Telegraphs arid cables: Operating revenues thous. of dolls 11,370 Commercial telegraph tolls thous. of dolls 1 8,774 Operating expenses.. _thcus. of dolls, i 10, 534 Operating income thous. of dolls...! 461 3 -s 78 74 42 37 83 76 88 79 81 69 69 42 35 68 64 85 49 68 2,908 497 19 104 149 96 841 12 i 1,080 504 293 210 2, 620 486 2! 87 145 104 806 25 916 659 34 i 249 10 57 69 65 47 30 63 66 83 40 73 2, 273 471 23 71 112 87 742 15 753 751 401 269 7 54 64 58 43 28 69 62 81 31 67 2, 270 461 23 73 124 88 747 12 742 742 381 283 : 363,206 305,385 289, 193 ! 238,459 ! 38,202 35, 904 i 261.247 23S, 507 ! 64,020 36, 580 288,631 214,443 40, 577 241,439 21.2C3 27 ri 20s 492 3* 02* 21 i ^ l i 714 , ! ! | ; ! i ! ; i i ': ! I ; l')/,W r S" 1 X8J3 710 75 7,126 c 1, M 30.588 1.046 1,541 I \ ! ^if 106 (5 7, 463 r ( ; ^21 30S 5( * 1 76 930 <n4 ' ~ r > 6 ">JS r ' (M9 -l-v >} it t ' if ~1 6, 837 4,37) i, 7?i) f-- s i 13 tt ^ 0, 461 4.041 2, 73 i 3.55 58 j 3. 64 54 72 46 31 80 80 85 16 70 68 65 44 33 76 69 83 23 25, 086 1.035 *e\"~b^ <. u ^ 2^4 ,J) 1(4,2" 1 j!2 6 ' i 70 58 66 47 25 66 65 : 27,847 1,049 1.900 i 61 70 50 25 62 66 i i 350,335 270, 239 44.757 258,223 55,319 18C.4Hr 42 J,"xQ 9 714 0 8 V^S5 1 00 972, 9 < b 78 83 45 33 82 86 87 50 81 69 72 42 33 74 64 83 36 69 3.813 727 28 112 193 145 1,081 102 1,415 535 290 185 i ! ! 3.51 1 60 I 1 , 468 2ff, f4 c l< 1 F ~8 221,673 0 663 6-10 -> Olc* i 964 9 4,~7 i s , 31 27 66 56 75 9 57 59 62 32 26 86 61 73 IS 56 2? 773 461 19 99 154 93 931 750 !i 705 364 , 2G5 ! 998 728 294 363 54 2,088 298 13 75 117 69 728 10 778 751 381 297 xl 9f< Ofx ( ( 2 r 4 741 19i 272 31 30 .07 3 3 11,951 2i* 2^7 u^-O 1 0( i \*(7 21 1 ' ( I t 19,870 1 OSf l,42 r 18 fGS 1( 0 *xi 0 l,f 4 3 3 ]*> . i) 1 » >] > >00 794 I5t 1 4 J0 ) 3 74 57 75 7 53 62 61 45 27 78 60 78 29 62 2, 245 460 25 137 76 732 n 728 722 367 278 > 2 ~44 31 ~ 6 2 4 > u1 i i( -5 '4 16S 1S9 0 1 64 K f-S 0 C 1 7M 0 1 6 612 ^r (?4f )x 4 ( +') 11Q, 2 lONf-] S^i \()\ iG4 4f if) 130, S07 7^0 338,716 4 . Si^ !12 r N £1 319 ^ 791 ~ ( S (^4 f . 605 3, 3i:9 2, 2C6 t. 866 3, 137 1,729 1,781 4,932 3, 157 1, 774 5,2,0 o, 1 84 2, 05(1 3 3S 60 3. 4f 56 16,932 17, 15S 24,351 ! 25,016 10.727 ! 8, 5"() 2, 642 2, 220 5,513 ! 6,442 19. ^29 22, 1 20 6, ISb 1,9M 6, 475 22,012 21 718 f, 2^J 2, 103 10, (94 tr*> 3. 56 56 1 64 J 3. 39 52 | 4,910 3 1 9O ! | ! ; : i i j : ! ! 2% 0-9 20 , tff 22%0-Jl jt > ' 8 5 ^2 207 ^> - 17 , 1 09 32 >9 2 MJ 1.0 r 1 i i 2f7 a)7 ^1 211 J) 7 r "M,. (a ( 0 ^S ( f r 4( * t s f o ~j,MF n i~ »ro t <- ?? ?? 10 56 252 45 27 22 66 53 71 6 54 1,966 267 12 67 101 60 682 14 764 773 387 314 I 54 48 26 24 76 54 71 lv v 1 T 1 1, 8V i 1 1 0 L UQ 3_ «3'3 1W 31 12 53 )<) ' ( ) } Of i 3^0 IS 1 'Sx 1 Sir 8<d S7) 1 0 ! ")27 v. 0 ^1 1^4 ,2 112, 32 ' >1 oS 2i* 5.313 3, 277 2, 030 5, 619 3, 403 2,217 5, (is 5 :-,644 2.041 3.12 53 3.11 49 L3 2' ' ]<», o v , » 67'* 2, l » i « 1*, 7^ 19,23' 22, 1 -} I X 57" 2 17' 30, 4 1 J 18, h'-O 28, 357 8! 391 2. 586 29, 273 4t v , r 0 10s r002 )~l 1 -17 41, 723 7, 514 38, 145 1 6,909 54, 167 9,617 45, 486 8,204 46,120 7, ' 51 n.411 12. 020 1'37. 2jh 3 5. 57S 255, 987 123, 179 1,674 4,499 1,526 4,238 1,677 4,852 ; 1,643 4,530 1,124 4. 039 1,404 3, H:f. 1.2^-6 3, ' 21 1,270 3, 55S 1, 300 3 757 i 96,704 i 64. 154 24,926 i 64,997 ; 23,209 1 16,941 93, 275 62, 851 22, 761 64, 075 20, 887 16,929 95,272 !| 91,811 63,826 62,730 23, 682 i 21, 507 67,322 ! 63,806 20,036 19,151 16,887 16,783 89, 039 61,248 20, 361 61.645 18,490 16, 693 91,683 89.815 62,300 , 61,48* 22,038 20.950 61,598 60, 167 20, 967 : 20, 587 16,640 16,525 88, 583 60, 657 20, 752 60, 005 19,464 16, 373 86. 725 59, 451 20, 203 58, 477 19,057 16, 109 11,012 10,859 8,441 ! 8,243 10,067 | 9,531 567 ! 951 ! 9, 660 7, 3S7 8,564 722 8,914 6, 867 8, 126 399 9, 116 6, 997 8, 002 725 211,581 51,914 2, 091 5, 564 1,969 5,409 94, 566 61,260 25, 401 64, 102 22, 025 16,977 94,665 62,263 24,928 63,099 23,146 16,992 10, 825 8, 359 10. 060 387 ; : 10,849 i 8,298 ; 9,490 994 9,181 7,058 8,469 326 i * Data for July, and October, 1931, and April and July, 1932, are for 5 weeks; other months 4 weeks. 57 48 27 62 49 75 7 54 61 71 4S 27 72 56 75 28 57 2 287 "'485 24 80 116 66 749 79,700 18,867 600, 033 146,611 ! 2 52 39 24 24 53 42 26 26 62 51 58 178 121 0 1, 594 C 2 ( 0 L, 1°6 0 62,581 ! 32,427 i1 16, 823 23,224 42,247 35,016 8,733 ! Ifs, 857 i 11,318 5,017 i 3,913 2, 899 8,812 7,345 1 6, 622 59, 372 65, 895 9, 541 4, 01)0 10, 749 22, 663 1 . 037 1,641 59 66 52 8,894 6.771 8 t 040 469 9,955 7,573 6,605 961 2 ; i i ! 8,947 6,861 8, 114 443 Re vised. SURVEY OF CURRENT BUSINESS 36 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey 1931 1933 July September, 1932 July 1933 jo f August September iuct Novem- Decem- January Febru- i March ber ary ber April May I j June CHEMICALS AND ALLIED PRODUCTS CHEMICALS Alcohol: DenaturedConsumption (disposed of) thous of wine gals Production thous. of wine gals Stocks end of month thous of wine gals EthylProduction,. ... thous. of proof gals Stocks, warehoused, end of month thous. of proof gals.. Withdrawn for denaturing thous. of proof gals.. Methanol, wood distilled— CrudeProduction gallons,. Stocks, total gallons.. At crude plants .gallons.. At refineries and in transit gallons.. RefinedExports gallons.. .......-Price, wholesale, N. Y dolls, per gal,. Production gallons.. Shipments _ gallons.. Stocks, end of month gallons.. Methanol, syntheticProduction gallons.. Shipments . . .... gallons Stocks, end of month-. _ gallons.. Explosives: Orders, new thous. of lbs__ Production ._ __ . thous. of Ibs Shipments thous. of lbs_. Stocks, end of month»_ thous. of Ibs.. Sulphur and sulphuric acid: Sulphur, production (quarterly) __long tons._ Sulphuric acid (104 plants)— Consumed in prod, of fertilizer. short tons.. 32, 590 Price, wholesale 66°, at works dolls, per short ton.. 15.50 Production _ . short tons 45, 393 Purchases— From fertilizer mfgrs _. short tons _ 7,514 From others „ short tons.. 13, 677 Shipments— To fertilizer mfgrs short tons.. 4,478 To others .short tons 14, 242 ::::::::: 6,157 5,962 3,036 6,320 ; 6,638 3,331 6,436 6,922 3,807 9,610 9,147 3,330 10, 153 9,476 2, 642 12, 430 11,413 1,629 3,800 3,965 1,987 5, 033 j f>, 226 ! 1,823 | 3,960 4,089 1,640 4, 296 4,868 1, 640 9, 526 | 10, 137 11,578 5,025 4, 555 1,517 ' 13,224 | 10, 340 11,975 12,363 12,952 16, 037 14, 084 14, 002 14, 888 17,024 i 15, 885 15, 130 12, 690 5, 870 9,153 ' 12, 574 14,026 18, 215 16, 215 10, 436 11,637 j 13, 076 15, 564 15, 515 19, 350 8,574 ; 8,265 7,335 6,700 8, 244 154, 473 609, 583 452, 489 157, 094 113,892 541,307 395, 907 145, 400 133, 507 485, 094 378, 991 106, 103 183, 851 583, 975 46fi, 975 117,000 206,416 529, 425 410, 439 118,986 219, 521, 390, 131, 61,240 .35 91, 696 122, 846 395, 322 42, 300 30, 455 .35 ! .35 65,311 56. 519 129, 822 98, 431 330, 811 288, 899 80,065 .35 56, 474 105, 060 240, 313 37, 473 .35 87, 486 89, 704 238, 095 54, 535 .35 141,873 154, 262 225, 706 206, 739 | 230, 324 525,866 ! 429, 718 294,375 : 313, 985 231,491 115,733 238 660 425 235 295,359 290, 142 473,466 2519,113 329,384 395, 533 144,082 2 123, 580 251, 142 j 590,489 ! 259, 786 ' 330,703 161,978 97,940 .37 103,279 76,401 284,782 44,378 : .37 72, 267 ; 76,404 332, 127 55, 129 .37 97. 154 119,571 309, 710 39, 434 .37 119, 620 125, 361 266, 244 36, 653 .35 148, 731 102, 452 271, 985 27, 976 .37 112,967 59, 773 337, 976 712,517 437, 805 315, 940 663, 216 510, 432 364, 118 327, 556 585, 880 546, 086 514, 119 501, 759 742,826 283, 866 414,975 699, 380 1,187,529 599, 061 464, 315 386, 883 473, 993 425,596 406, 329 349,034 587, 442 i, 062, 605 2,963,570 2,927,406 2,250,309 2,015,366 1,878,607 2,077,604 i 2,149,697 2,238,220 2,333,650 2,727,442 2, 852, 537 25, 058 25,068 25, 150 20, 304 25,437 24, 548 24, 867 19, 956 94, 218 94, 860 15. 50 92, 895 26, 970 25, 282 25, 610 18, 151 22, 657 24, 509 24, 035 18, 264 78, 606 95, 478 78, 615 15.50 110, 599 15.50 102, 632 15.50 106, 751 14, 709 23, 006 13,412 15, 967 12, 988 9,655 10, 799 33, 134 13, 355 30, 279 25 89, 409 7, 078 80, 670 497 97, 358 24, 730 18, 809 3, 768 67, 958 40 115, 207 7,682 105, 717 383 127, 599 47, 935 35, 367 9,858 65, 043 18, 648 18, 595 18, 087 18, 712 19,095 ' 18, 175 16, 148 18, 025 17, 655 18, 064 17, 488 IS, 530 99, 871 95, 681 78, 890 65, 249 15.50 99, 654 15. 50 108, 782 15.50 117,613 15.50 104, 573 18, 802 14, 553 18,665 14, 119 14, 644 15,906 15, 865 14, 554 8,512 31, 773 10, 699 32, 199 19,591 28,311 21, 597 29, 208 91 127, 953 7, 554 115, 621 915 146, 700 70, 022 48, 590 6,175 66, 440 94 94, 416 13, 452 75, 114 300 120, 822 61, 904 33, 968 3,331 50, 071 66 81, 703 3,284 76, 785 67 77, 849 52, 837 29, 871 5,577 12, 872 1.770 25, 803 26, 598 27, 403 17, 888 16, 290 17, 097 17. 030 17, 173 14. 499 14, 195 13, 963 17, 745 52, 413 30, 266 2 29, 658 15. 50 87, 816 15.50 60, 416 15.50 50, 690 15. 50 241,930 8,795 7,670 5, 591 13, 145 6, 850 13, 867 1, 954 11,974 2, 315 13. 97S 27, 850 25, 657 19, 133 26, 732 21,817 22, 492 15, 267 23, 414 16, 177 21,009 4, 329 2 17, 938 67 80, 469 11,877 59, 213 200 70, 754 51, 670 17, 029 3,884 11, 998 172 79, 242 19, 600 58, 200 22 89, 070 63, 041 30, 114 5,517 16, 268 365 644 98, 264 i 75,732 32, 114 3, 243 65, 262 : 71, 862 133 81 84, 160 ; 100, 136 40, 132 40, 060 8,404 54 5,355 14, 236 35, 729 41, 834 868 71,614 11,063 59, 542 149 61, 433 42, 397 2.675 5, 458 10, 501 156 71, 697 4, 105 76, 954 69 84. 746 66,909 37 3,470 12,279 • 1.770 1.770 1.770 1. 770 i 195, 589 210, 289 173, 271 187, 638 179, 405 230, 684 215, 019 203, 676 170,450 146, 881 14,261 11,662 13, 628 43,217 i 130,743 255, 117 18,179 87,614 59,431 20, 599 1,033,036 1,120,819 1,153,800 1,205,130 1,272,731 1,313,522 1,341,512 1,307,310 j l , 187,818 895, 696 86, 200 68,887 i 857,096 61. 539 21. 498 857, 170 i 210, 711 114, 205 172, 539 176, 973 140, 690 169, 695 162, 330 130, 046 1 162,253 161, 121 2,000,497 1,866,368 1,845,125 1,859,713 1,828,913 1,814,948 1,789,303 1,723,947 ! 1,736,534 1,750,720 201,628 (t) j ISO. 752 (t) 3.04 i 91, 527 3. 15 96,115 17,965 17,092 17, 154 18, 362 332, 038 539, 231 17,814 16,804 17,795 17,587 : 250, 910 241,958 FERTILIZERS Consumption, Southern States thous. of short tons.. Exports, total . long tons Nitrogenous long tons Phosphate materials long tons.. Prepared fertilizers . _ . _ .long tons Imports, total long tons Nitrogenous long tons Nitrate of soda long tons Phosphates long tons.. Potash long tons.. Price, nitrate of soda, 95 per cent, N. Y. dolls per cwt Superphosphate, bulk: Production . short tons Shipments to consumers short tors Stocks, end of month short tons 14 60, 359 7, 633 51, 724 306 49, 9J9 26, 662 100 3,514 18, 172 1.770 NAVAL STORES Pme oil: Production gallons.. 201,608 Stocks, end of month gallons.. (t) Rosin, gum: 3.23 Price, wholesale "B," N. Y _ _ dolls, per bbl._ Receipts, net, 3 ports bbls. (500 lbs.)__ 104, 904 Stocks, 3 ports, end of month ....bbls. (500 Ibs.).. 371, 797 Rosin, wood: Production bbls. (500 Ibs.) 1 30, 076 Stocks, end of month __ .. bbls. (500 Ibs.) . i 104,448 Turpentine, gum: .41 Price, wholesale, N. Y dolls, per gal__ Receipts, net, 3 ports bbls. (50 gals.).. 29, 723 Stocks, 3 ports, end of month _ ...bbls. (50 gals.).. 82, 532 Turpentine, wood: Production . .. bbls. (50 gals.) .1 4, 878 Stocks, end of rnonth__ bbls. (50 gals.).. 7,412 2.050 2.050 1.770 : 4.28 156, 810 3.94 J 29, 018 3.87 116,630 3.80 101, 157 3.96 95,642 3.61 93, 980 3.30 28, 614 439, 241 449, 173 459, 588 465, 466 497,438 486, 863 •126, 508 28, 495 131, 942 17,074 112, 295 25, 058 108, 350 26, 102 i 101, 537 21, 440 93, 142 23, 242 92, 258 23, 196 94, 331 20, 006 i 91, 762 ; 26, 187 90, 540 .39 53, 459 .36 37, 112 .37 28, 995 .36 .40 30, 849 | 23, 147 .39 19, 844 .40 5,234 .39 ! 3,808 I .45 6, 190 122, 214 114, 421 115, 178 120, 953 | 119,338 i 112,311 101, 081 86, 679 \ 73, 640 4,370 5,307 2,607 5, 358 3,797 4,817 3,626 6,392 3, 121 6,132 | 4, 329 5, 835 3, 922 5,231 3, 547 5, 143 3, 733 6,002 3.23 i 29, 539 i 1. 770 1. 770 3.44 31, 705 3.20 64, 070 383, 354 | 347,591 337, 221 350, 472 366,318 26, 443 88, 479 30, 597 92, 695 29, 183 96,314 .45 17,018 .44 27, 410 .43 20, $41 68, 947 73, 896 70. 242 4, 415 5, 636 4, 415 5,267 4. 827 5. 560 1 1 I OILS, FATS, AND ANIMAL BY-PRODUCTS i 1 1 Animal fats and by-products (quarterly): Animal fatsConsumption factory thous of Ibs Production thous. of Ibs.. Stocks, end of quarter.. thous. of Ibs.. i — Animal gluesProduction thous of Ibs Stocks, end of Quarter thous. of Ibs. 1.770 2.050 6S 52. 000 12, 255 36, 731 114 57, 38S 38. SOS 647 3, 154 7, 533 CIIIIII! i 176, 221 491, 837 230, 9-39 20, 847 61, 848 J Revised. - -- - ..-.:..-. 173, 389 576, 013 222, 583 . 21, 548 67, 474 ; t Discontinued. 161 991 624,736 _ ; 276,508 J . 19,440 68,836 553, 147 303, 339 SURVEY OF CURRENT BUSINESS September, 1932 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey 1932 July 37 1932 1931 July Decem- January FebruAugust SeptemOctober November ber i ber ary March April i i May June CHEMICALS AND ALLIED PRODUCTS—Continued OILS, FATS, AND ANIMAL BYPRODUCTS-Continued Animal fats and by-products—Continued. Gelatin, edible— Production thous. of lbs__ 1,625 Stocks, end of quarter thous. oflbs_. 6, 543 Greases51. 941 Consumption, factory thous. of Ibs . Production thous. of lbs__ 90,056 81.072 Stocks, end of quarter thous. of Ibs Lard compounds and substitutes276, 713 Production thous. of Ibs . 21,718 Stocks end of quarter thous. of Ibs Fish oils (quarterly) — Consumption, factory thous. of Ibs 52, 497 Production thous. of lbs_. 29, 847 247, 638 Stocks end of quarter thous, of Ibs Vegetable oils and products: Vegetable oils, totalConsumption, factory (quarterly) thous. of ibs 489, 058 1,008 1,025 455 Exports . thous. oflbs.. 2,815 1,814 Imports __thous. of Ibs.. 61,377 74, 285 63, 09G 50, 633 59, 225 440, 865 Production (quarterly) thous. oflbs... Stocks, end of quarter! Crude thous. of Ibs.. -- 591, 342 Refined thous. of Ibs 209, 759 Copra and coconut oils — CopraConsumption, factory (quarterly) 49, 024 short tons 19,832 Imports short tons . 12, 075 18, 012 20, 207 19, 352 23, 795 Stocks end of quarter short tons Coconut or copra oil — Consumption, factory137, 730 Crude, quarterly _. thous. oflbs Refined, total (quarterly) thous. oflbs.. 78, 496 "~~<U69~ ~"~9~473~ 10, 947 "I3,~859~ In oleomargarine thous. of Ibs.. Imports thous. of Ibs "23," 605" 34, 845 18, 228 29. 455 30, 784 Production (quarterly)— 61, 388 Crude.. thous. of lb?_. 68, 682 Refmed thous. of Ibs. . Stocks, end of quarter201, 036 Crude .. ... thous. of Ibs. . 17, 516 Refined thous. of Ibs. . Cottonseed and products: Cottonseed21, 424 59, 148 451,324 862, 032 Consumption (crush) .... .short tons 93. 585 13,287 94, 569 875, 493 1,570,250 Receipts at mills— short tons.. 36, 279 Stocks at mills, end of month__short tons.. 296, 629 24, 784 60, 241 484, 374 1,192,592 Cottonseed cake and meal1,304 3,590 2,119 10, 260 39, 829 Exports .short tons Production short tons.. 44, 035 12, 347 28, 206 201,517 385, 190 Stocks at mills, end of month. .short tons.. 114, 258 146,888 106, 358 118,845 137, 683 Cottonseed oil, crude7,089 30, 738 17.196 136,698 '.69,031 Production . thous. oflbs 8,086 12, 065 Stocks, end of month thous. of lbs_. 29, 434 69, 745 1 15, 979 Cottonseed oil, refined — Consumption, factory (quarterly) _ thous. of Ibs.. ---- 232, 420 876" 1, 154 ""I," 480 In oleomargarine thous of Ibs Price, summer vellow, prime .038 .069 .044 N. Y „.". dolls, per l b _ _ .059 .045 16,010 54, 112 Production thous. of Ibs 11,968 63, 9S9 206, 643 Stocks, end of month ..thous. oflbs.. 625, 731 277, 837 212,371 173,945 231, 079 Flaxsecd and products: Flaxseed— 1,685 Imports, United States thous. of bush.. 103 1,339 2, 469 1,468 Minneapolis and Duluth— 175 378 Receipts .. thous. of bush 2,436 2, 766 1, 452 Shipments thous. of bush 386 306 406 924 786 675 Stocks, end of month thous. of bush._ 763 747 1,422 1, 381 Oil millsConsumption, quarterly. thous. of bush.. 7,610 Stocks, end of quarter thous. of bush 4,241 Price, No. 1, Minn dolls, per bush.. 1.64 .98 1.41 1.32 1.37 Production, crop estimate. thous. of bush.. * 15, 812 Stocks, Argentina, end of month _ _ thous. of bush 5, 7C9 7,480 4,331 3, 346 1, 772 Linseed cake and mealExports thous. of lbs._ 30, 536 53, 225 57, 736 48, 615 49, 027 Shipments from Minneapolis 11,414 13,-972 thous. of Ibs 7,610 17,385 14,354 Linseed oilConsumption, factory (quarterly) _. thous. oflbs 70 504 ' .083 Price, wholesale, N. Y dolls, per lb._ . 050 .091 .073 .076 Production (quarterly) thous. oflbs..! 141, 205 Shipments from Minneapolis 5, 675 thous. oflbs.. 3,433 6, 285 6, 806 4,410 Stocks at factory, end of quarter ! thous. of Ibs..! 107, 508 Oleomargarine: Consumption (tax paid withdrawals) thous. of Ibs.-i 11,360 9, 289 23, 401 16, 483 19, 499 Price, standard, uncolored, Chicago dolls, per Ib.J . 091 . 105 . 106 . 119 . 127 11,271 Production thous. of Ibs.. j ! K. X36 23, 965 10, 075 2 3 Revised. As of Dec. 1. 4, 574 8,312 5,406 10 089 49, 688 94, 569 91.019 53 837 87, 148 82 960 306, 559 24, 757 220 417 26, 465 - 40, 893 17, 677 237, 933 34 810 6 648 202 733 1,070 66, 677 1,057,325 1,230 56, 748 1,033,007 2, 461 56, 509 6, 163 67, 169 679, 049 525, 448 20, 953 ~~13,~ 291 25, 186 53, 860 15, 622 25, 106 828 452 21,426 62 609 758, 101 J i I : : ! ! i 23, 805 61,136 21, 400 25 837 142, 435 138 489 78, 039 14, 027 16, 589 64 327 11,429 20, 909 12, 749 19, 376 10, 361 31, 655 50, 617 80,923 78 747 fiOfi 221 23 ' 527 35 103 5 938 ! IKS QfiO filf, Ml 1,245 1 1,607 1 3,175 61,660 62,891 :! 58,231 _ ! 403 43Q ; ; 695, 188 720. 799 23, 955 3,924 10 457 16, 244 10,894 i 553,546 704,882 49 6.% 11,074 11 838 194 19fi 9,985 8,497 ; 16,090 j 28,259 ; 59 171 7,181 25,725 68, 702 70, 170 77 887 57 361 6? 358 54 351 188, 352 14, 800 191 389 16, 527 17X 99,9 14,500 866, 694 718, 769 5S9. 363 530, 078 1.25*. 704 549, 170 36«. 5,^9 268, 010 1,584,602 1,400,325 1,179.210 917, 183 512,469 299, 613 704, 327 337, 001 155, 469 522, 795 196,883 ! 110,394 74,110 i 66,129 398,200 : 353,935 4,965 \ 8,084 91, 193 : 51, 228 150, 165 133, 584 56, 060 387, 573 167, 359 38, 563 322, 283 202, 496 23, 187 266, 534 217,666 5,792 237, 056 230, 677 12, 150 230, 261 204, 303 12, 752 157, 002 158, 478 270, 412 144, 485 226, 178 126, 761 185, 977 133, 629 169, 826 130, 375 163, 907 129, 328 116,793 117,560 297,179 1,530 "~1,~363~ 1,297 "~1,~457~ .047 226.631 346, 559 .042 225,951 489, 866 220, 753 1,438 ~~~I~245~ .040 .039 155, 577 161, 114 555, 21 1 632, 618 .040 136, 804 682, 487 .035 112,900 704, 598 67,670 i 86,349 j 39,689 49,994 i 223,273 1, 137 ; 986 .032 .033 89,717 70,470 705,361 i 671,755 1,234 196 720 1,104 744 1,551 829 511 1,026 1, 159 1,605 316 541 872 197 199 649 119 124 508 141 109 552 190 24 684 2 364 j 2 193 j 2 822 347 267 902 7,112 3, 721 1.43 3 Il,f71 ! 3,507 1 4M 1.40 5, 393 1 503 1.40 ! 1.41 1.35 i 1.21 _ 1.46 i 1.05 1,378 1,969 3,937 5,394 7,480 7,874 6,693 7,874 42, 782 32, 838 20, 563 34, 265 38, 116 23, 863 20,373 20,787 18,019 14,518 9,773 6,528 4,405 5,082 3,932 3,665 59, 167 .067 99, 783 _ .066 .061 5, 126 7,525 7,007 . 075 4, 125 57, 354 .071 130, 479 3, 152 . 067 4, 782 . 065 4, 440 154,490 166, 424 22, 83,s 22, 831 19, 892 18, 351 17, 703 16, 768 14,273 . 133 22, 138 . 134 23,173 . 12S .0(8 20,388 i 17,232 .095 18, 973 .095 16, 684 .095 14,338 * As of July 1. ! fto 9*3 !059 65.7(14- ! 116,082 : 10,945 4,666 .095 12,111 38 SURVEY OF CURRENT BUSINESS 1931 1933 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey July July 1932 August ^>- October Nov«n. I),,™ January February March April ! May | June CHEMICALS .1ND ALLIED PRODUCTS—-Continued PAINTS Paints, varnish, and lacquer products: * \ Total sales (588 estab.) thous. of dolls ; __ Classified (315 estab.) thous. of dolls.. Industrial thous. of dolls Trade thous. of dolls. .'. _ Unclassified.. thous. of dolls.. (t) 22, 606 15. 112 6, 235 8, 802 21,323 14,242 2i,048 11,6X0 5, 764 8, 392 85 5, 638 o, 370 : 4, 453 ; 4, 478 8, 916 8,499 6,915 5,036 86 86 50 I'll, 743 20,742 13,956 16,492 11,419 13,4*6 9,555 : 41 : 1 5, 895 10,871 4, 697 6, 119 53 16,271 11,256 4, 626 6, 563 67 7, 4:')3 Plastic, cold-water paints, and calcimines: ' Sales— 1 Calcimines .dollars . „_ Plastic paints - dollars Cold-water paints dollars • _ _. 51 288 83,113 22, 612 2 24, 981 13, 330 14. 660 4, 639 4. 866 ! 8,691 9,794 ; (t) (t) 9,282 10,321 19.796 4,' 089 7, 564 it; 8, H3 ] 15, 374 98, 634 75 886 67 4'?0 '• 40 890 65,275 52, 170 43,492 96, 574 56, 696 52, 56G 94, 199 63 924 81,037 56, 935 120, 355 54, 373 71, 232 7 143 4 761 18 3"6 4 ^3 ^ 16 116 5 091 1° 0°8 5 456 ! 9 181 5 768 10,277 5,188 12, 126 4, 787 14, 032 4, 910 14,003 i 4,892 14,779 4,911 13, 103 5,388 2,237 2,597 2,302 1,765 ! 983 711 689 1, 198 i 574 600 1, 128 3,4 : 393 , 998 ! 197 214 571 1,774 390 287 1,097 1,761 425 248 1, OSS 1, 918 503 311 1, 103 2,367 634 530 1,202 1,625 1. 625 50-s 736 1, 524 374 433 7, 302 2 6, 630 6 537 2 3.651 2 3, 128 23,614 2 3; 016 3. 864 2. 673 122, 137 H6 M>9 72. 789 70,755 19, 089 11,309 4, 499 6. 810 (t) 7, 780 51,673 146, 674 126, 6S5 60, 322 65, 309 72,546 ' 67,990 93, 533 78, 859 60, 782 ROOFING Dry roofing felt: Production Stocks end of month Prepared roofing, shipments: Total Grit roll Shingles (all types) Smooth roll short tons short tons thous. thous thous. tliou^ If > 747 4 9;\8 squares > squares squares..;! squires 1. 718 390 453 870 2,017 612 873 1 508 002 1,0*37 ; i ! . i ELECTRIC POWER AND GAS ' "" ft ELECTRIC POWER - &•< Consumption, industrial, for power purposes. ; _ _ (See Business Indexes.) : Fuel consumed in production of electrical _ _ _. energy. (See Fuels.) j Production total mills of kw -hours • By source — Fuels mills, of kw. -hours. _<, Water power mills of kw, -hours-.' By type of producer: > Central stations mills, of kw,-hours._ i _ _ Street railways, manufacturing plants, etc. ! mills of kw.- hours : Sales of electrital energy: i Sales to ultimate consumers, total ; (N E L. A ) mills, of kw. -hours ' . „ Domestic service mills, of kw. -hours.. Commercial — retail mills, of kw. -hours i Commercial — wholesale .mills, of kw. -hours. J !_ _ Municipal and street lighting mills of kw Railroads— Electrified steam mills, of kw.-hrs.. Street and interurban mills, of kw.-hrs .. Gross revenue from sales of energy j (Electrical World} thous. of dolls < Revenues from ultimate consumers (N.E.L.A.) thous. of dolls . _ 7 540 7 765 7 406 7 773 7, 543 7,002 5, 166 2, 464 5, 343 ' 5, 706 5, 299 5, 064 2,197 ; 2,059 , 2,107 2,709 4, 447 3, 096 4,026 2, 976 4, 202 3,100 7, 26(5 7, 1 60 7,095 j 7,347 : 6,995 7,340 7,083 6, 533 6, 805 26,340 26,210 500 470 415 I 411 433 460 469 497 439 420 415 25. f59 2812 2 1, 083 2 5, 993 25,019 25,622 1, 124 21,150 5, 478 2 1, 037 21,085 2 5, 309 : 2 5, 098 2998 2 912 1, 071 : 2 i, 007 5, 022 869 9 SI 23,458 23.478 2173 2 22,637 2211 22,605 2 193 22,580 - 179 2,617 156 243 2 334 42 314 2 155, 557 2150,053 -'158,058 :2 164, 972 2108,617 2171,802 2 174, 990 2 164, 206 2 157, 142 2153,364 2146,308 143,206 155 2811 2 1, 079 2347 247 2346 187, 190 167, 380 248 418 25.942 : 25.003 ; 25,881 - S80 ; 2974 1,063 | 2 i f 134 2i,078 21, i4G n, 156 2 i t 175 2 5,887 2 1, 252 2 1, 251 23,365 ' 23,200 193 1 22Q9 22.969 2 220 2 2 .830 2 234 22,629 2253 2 2.640 2230 2 2 252 2379 249 23^3 253 408 249 2399 48 2379 249 2408 244 2 353 ! 178,630 180,610 184.870 188, 010 175, 110 168, 280 164, 860 171,930 : . . -... 8, 912 8, 466 37 404 24, 741 18, 321 191 8,911 8,466 34 404 23, 527 17, 427 133 8,938 8,492 37 404 25,985 19,590 167 ! i i i ! I 8,910 i 8,446 45 411 27,820 ' 20,873 532 8,888 8,420 48 413 28,527 20,526 1,344 ! 8,828 8,358 : 50 ! 414 ; 29,339 ! 20,396 j 2,236 '~ 8, 808 8,329 52 422 30, 708 20, 982 2,861 8,790 8,315 51 421 29, 360 19, 536 2,899 8,763 8, 294 51 412 30, 661 20, 539 3,186 8,777 8,309 50 412 29, 974 20,689 2,625 j 8,734 1 8,269 ! 46 i 413 i 2*, 123 i 20,551 | 1,260 8, 750 8,295 41 408 26, 656 20. 235 436 6,507 6, 690 6,747 6,774 6, 520 6, 185 ~i 8^7 30, 331 j 30, 602 23,611 i 23,299 1,055 ; 1,650 5,534 '• 5,524 31,936 24, 092 2,054 5,670 30, 414 22, 514 2,052 5,710 31,660 23, 590 2,210 5,763 31,288 23,858 1,796 5,519 ! 30,019 ! 23.677 ! 910 \ 5,302 2S, 891 23. 436 3.51 5,011 4,312 4, 105 205 43,908 > 19,924 4,315 4, 103 211 52,024 27,647 4,324 4, 110 213 54, 805 30, 940 4,348 4,123 224 52, 226 29, 278 4,323 4,100 2^2 51, 739 29, 051 4,297 4,076 219 46,754 25,377 i i ;! 4,304 4,036 216 37,256 | 18,288 4,242 4,031 209 33, 033 13, 709 23, 593 ; 23, 733 23, 451 22, 503 22, 182 20,978 18,625 19, 109 13,490 i 15,276 i 19,250 i 24,404 8,792 10,349 14,006 18,757 4, 647 4, 876 5, 153 5, 579 26, 441 20, 623 5, 754 25, 853 19, 975 5,779 24, 889 19, 104 5, 689 22, 158 i 17, 606 16,957 1 13,227 5, 136 ! 4, 335 14,495 10, 396 4, 066 6,087 6,241 6, 122 5,843 27, 337 21, 753 176 5,307 26, 046 20, 747 131 5,071 28, 681 j 30. 195 23.133 i 24,291 160 | 447 5,281 5,335 4,273 4,068 203 32. 834 10, 876 4, 25S 4, 057 200 31,661 10, 086 4,268 i 4,272 4,068 I 4,072 199 i 199 33,823 ! 37,628 11,185; 13,662 21, 573 21, 205 22, 200 i 23, 538 13, 482 8. 679 4, 763 12, 813 S. 205 4, 553 6,490 1 : * Since March, 1932, detailed figures are not strictly comparable owing to changes in firms reporting. 2 6, 779 244 ' 2340 i GAS Manufactured gas (150 companies) : Customers, total thousands Domestic thousands j House heating . thousands Industrial and commercial thousands j _ _ Sales, to consumers.. _. millions of cu. f t _ _ i Domestic.. millions of cu. ft House heating millions of cu. ft ._ Industrial and commercial millions of cu. ft i Revenues from sales to consumers thous. of dolls Domestic thous. of dolls.. House heating thous. of dolls.. Industrial and commercial thous of dolls Natural gas (125 companies): Customers total thousands -Domestic thousands -Industrial and commercial thousands Sales to consumers millions of cu. ft.. Domestic millions of cu. ft.. . Industrial and commercial 1 __ _ millions of cu. ft Revenues, from sales to consumers . „ thous. of dolls Domestic thous of dolls Industrial and cornrnerciaLthous. of dolls..! 2 7 630 5. 023 2, 749 t Discontinued. 2 Revised. September, 1932 Earlier dataf together with explanatory \ footnotes, may be found in the 1932 j Annual Supplement of the Survey 39 SURVEY OF CURRENT BUSINESS 1932 1931 July April May | FOODSTUFFS AND TOBACCO DAIRY PRODUCTS Butter: Consumption, apparent thous. of lbs_. Price, N. Y., wholesale (92 score) -dolls. perlb.. Production (factors') thous o f l b s Receipts, 5 markets thous. of lbs,_ Stocks, cold storage, creamery, end. of month thous of Ibs Cheese: Consumption, apparent thous. of Ibs. . Imports thous. of Ibs Price No 1 Amer N Y dolls per Ih Production (factory) _ _ thous. of Ibs.. American whole milk _ _ thous. of Ibs. Reco.ipts, 5 markets thous. of Ibs. Stocks, cold storage, end of month thous of Ibs American whole milk thous. of lbs_. Milk: Condensed and evaporated — Production, total.. thous. of lbs__ Condensed total thous of Ibs Evaporated, total* -thous. of Ibs. "^"xports total thous of Ibs Condensed . _ _ _ _ t h o u s . of Ibs.. Evaporated thous. of lbs._ Prices, wholesale, N. Y. — Condensed dolls, perr case.. Evaporated dolls pe cast-. Stocks, manufacturers, end of m o n t h , total.-. thous. of Ibs.. CondensedBulk goods.. thous. of Ibs.. Case goods thous. ci Ibs.. Evaporated — Case; goods thous. of Ibs.. Fluid milkConsumption in oleomargarine _ .._ thous. of Ibs. Production, Minn, and St. Paul thous. oflbs.. Receipts — "Boston incl cream thous Qts Greater New York thous. qts._ Powdered milk — Exports thous. o f l b s Orders net new thous. of Ibs... Stocks, mfgrs. end of mo. -thous. of Ibs. _ 197, 104 200, 156 ,18 158, 60S 2 If 0, 623 57, 333 5S, 522 203,73] .28 136, 769 45, 588 1 89, 483 . 33 118, 202 42, 863 110,062 LS7, 1 1 4 .34 121, 052 43, 857 112,002 44, 925 171,991 .31 121, 054 47, 194 119,324 48, 895 0] 157. 136 156, 087 .22 117,684 49,071 170,544 .23 127, 268 50, 140 176, 700 .20 136,556 49,915 223, 862 .19 182, 659 75, 552 202, 381 . 17 186,997 71, 712 115. 121 104.678 80,152 56, 229 d-> 24° 26. 643 22, 527 15 °43 9, 034 10, 394 29, 160 2 84, 269 45, 394 41,030 3, 342 3,413 .12 .15 46, 778 2 53, 268 36, 519 241,293 16, 492 14, 190 47, 078 4, 389 . 10 45. 127 34, 023 47, 384 50, 202 7, 179 .18 41, 480 14,264 11,919 42,519 6, 057 . 15 33, 424 22, 8-19 10,569 35, 257 5, 195 . 14 26, 725 18,735 9,301 38, 014 3.739 . 14 25,705 21, 017 11,361 42, 174 3, 580 . 13 28, 481 21.732 12, 075 45, 072 4,768 .13 33, 744 26, 514 11, 760 4-1. 258 5. 280 . 12 35, 756 28, 685 JO] 764 53, 146 4, 338 .12 50, 328 3S, 731 13, 972 46, 783 3, 802 .11 58, 840 46,216 15,731 75, 944 2 89. 264 63, 278 2 73, 693 86, 438 68, 874 83, 426 65, 802 81,743 63, 968 78, 565 60, -"83 73, 289 55, 775 65, 707 49. 388 55. 568 41.712 54, 021 36, 782 50, 764 38, 951 52, 1 18 2 66, 531 40, 461 2 53, 922 170, 568 2174,970 16, 692 2J3.049 153, 876 2130,127 3,344 7, 754 656 1, 862 2,687 5, 892 137,085 21,54! 115,544 119,741 139, 197 24, 263 1 14. 934 4, 790 1, ISO 3,610 115,920 18, 274. 97, 646 5, 683 1,443 4, 240 116,379 1 7, 763 98,016 5. 600 1 , 233 4, 367 1 14. 039 117,618 17,260 18, 599 95, 440 100, 358 5,468 6,812 1, 404 2, 3 ! 0 4, 064 4, 502 134, 226 17,200 117,026 5,149 922 4,227 161,324 21,476 139, 848 4. 376 1, lf>9 3, 207 202, 707 21,802 180, 905 5,431 1,619 3,812 206,519 22. 501 184, 018 3, 608 614 2, 994 4. 75 2. 57 4. 55 2.45 5, 943 1,477 4,466 1 ' " 17 38, 993 28, 332 20. 826 98, 9 ! 5 4, 968 1 , 309 3. 659 29,218 13, 588 4.75 2 33 5. 65 3.10 5. 00 3. 00 4.75 3. 00 4. 75 3.00 4.75 3.00 4. 75 3.00 4.75 2.98 4.75 2. 98 4.75 2.80 4. 75 2. 75 259, 926 316,223 219,250 167,764 157,061 163, 552 152,446 145, 303 132, 257 115,889 134, 848 12, 582 21,447 16. 221 15,00] 10,032 24,071 11,007 22, 504 20. 349 17, 264 8,607 15,130 7, 929 12, 506 8, 275 9,145 7,931 7,467 6,928 7,573 7. 629 1^532 8, 865 15, 246 225, 897 275, 931 181, 745 136, 108 129,802 139, 844 132,011 127. 883 116,859 101, 388 117,687 164,421 -'2 13,856 19, 986 2 212,431 2, 943 4, 199 4, 849 0,142 5, G25 5, 948 5, 106 4. 265 4, 671 4. 1!,'7 3,512 2, 890 27, 436 24, 012 21,751 25, 224 26 854 31,732 35, 051 33, 853 36, 010 33, 497 38, 606 34, 227 19, 150 20,715 1 ! 5, 230 121,760 19, 766 21,615 127, 988 310 10,414 27, 820 188, 532 2 246, 273 122,447 19.598 19,558 122, 776 121, 940 18, 529 116,628 19,028 118, 7? ,3 19, 267 120! 474 18.337 113. 126 20, 247 121, 809 712 8, ^94 23, 305 725 8, 4.% 24, 198 261 8. 126 25, 969 251 7. 973 25, 54(5 279 10, 239 24, 576 599 10, 235 23, G03 20. 545 9 390 21 10,354 2 11,681 2 23, 929 26, 220 964 1.047 11,816 11,062 854 14, 331 38, 216 35, 922 26,711 W 9,014 23, 572 3,220 2, 035 13, 037 31,470 14, 516 3202 415 7,247 8, 149 8, 197 6, 396 3,728 2,415 1,412 62 9, 856 1,714 81 6, 144 2,344 2, 143 5, 896 4,013 10, 705 9, 493 4, 078 11, 399 13, 439 2,318 10, 041 15, 614 2,198 7,807 12, 270 2,120 5, 419 13. 680 1, 503 3, 243 16, 672 838 1,719 13, 709 2, 552 673 12, 094 4, 361 8. 382 2,402 1.372 1.250 1.015 .865 1. 198 1.181 1.347 1. 195 1. 086 .837 18, 141 21, 996 FRUITS AND VEGETABLES Exports, fruits and preparations. (See Foreign trade.) Apples: Production, crop estimate thous. of bush.. 4 136, 496 2, 589 Shipments, car-lot - carloads Stocks, cold storage, end of month thous. of bbls_. ~~~~8,~046~ Citrus fruit, car-lot shipments carloads.. Onions car-lot shipments carloads1,532 Potatoes: Price, white, N. Y dolls, per 100 Ibs.. 1. 073 Production, crop estimate. ..thous. of bush-- 4 367, 399 Shipments, car-lot carloads __ 15, 704 20, 389 11,968 17, 701 24, 760 1.142 ^375,518 14, 419 13, 138 13, 439 13, 124 17, 296 14, 999 1,014 .45 717 .50 768 .50 234 .51 5, 088 5,152 4,138 201 1.049 17, 465 18, 638 24, 581 21, 144 8,411 8 353 8, 993 12,922 10, 21 1 9, 724 113 .52 188 .53 212 .51 673 .44 465 .35 5, 406 4,770 . 51 3 j 98 1 85 2,344 2,005 4, 963 4, 226 129 .51 1,653 4,030 1,715 3, 536 2,496 2,857 2, 512 2, 307 1, 932 165 5,912 256 6,318 508 6,348 120 4, 630 177 5,130 291 5,344 220 5, 045 511 4, 687 311 4, 921 653 4, 552 .46 .44 .40 .39 .46 .43 .39 .37 .36 .35 .34 .34 .32 .33 .30 11,320 8,447 14,414 6, 561 6, 364 7,211 ! 8,271 I 5,592 7, 364 429 ! .21 I 627 .22 GRAINS Exports, principal grains, including flour and 6, 672 meal thous. of bush.. 18, 750 Barley: Exports, including malt thous. of bush-812 678 Price, No. 2, Minn dolls, per bush-- 4 .31 .42 Production, crop estimate thous. of bush.. 302, 808 Receipts, principal markets. thous. of bush.. 1,801 Visible supply, end of month -thous. of bush.. I~812~ 3,449 Corn: Exports, including meal thous. of bush__ 381 556 Qrindings thous of bush 5,168 Prices, wholesale — No. 3, yellow (Kansas City) _ __ . dolls, per bush. . 35 .53 No. 3, white (Chicago) dolls, per bush.. .32 .58 Production, crop estimate.. .thous. of bush.. 42,819,794 Receipts, principal markets. thous. of bush.. 7, 319 16, 152 Shipments, principal markets thous. of bush.. 9,100 8,955 Visible supply, end of month thous. of bush 11,716 8, 536 Oats: Exports, including oatmeal ..thous. of bush.. 448 253 Price, No. 3, white, Chicago-dolls, per bush., . 18 . 23 Production, crop estimate ... thous. of bush.. U,214,733 Receipts, principal markets. thous. of bush... 7, 937 5, 749 Visible supply, end of month.thous. of bush-. 13, 307 7,785 Rice: Exports pockets (100 Ibs.).. 235, 032 100, 899 Imports ..pockets (lOOlbs.).. 3, 440 5, 443 Price, wholesale, head, clean, New Orleans .... _. dolls, per Ib .020 1 .032 Production, crop estimate... thous. of bush.. 4 39. 084 1 3 - Revised. As of Dec. 1. 4,089 4,665 . 45 .49 857 .23; .39 .38 2 563 271 10, 767 11,741 3 . 34 .33 10, 421 13, 561 10, 914 9, 94 1 9, 607 i 5, 399 4,884 4, 346 3, 603 2,916 5, 836 6,686 5,684 10, 079 13, 192 14, 736 2,921 I I 18,929 23,451 23, 199 21, 323 17, 052 89 . 24 i 149 . 22 142 .23 850 .26 255 j 31,112,037 4, 532 4, 028 17, 863 16, 710 12, 903 7. 398 15,577 17,468 7, 090 18, 6 35 108, 181 ! 4, 475 ; 87, 630 3, 756 322, 302 9,397 380, 658 11, 859 .028 .026 .028 .030 12, 578 133 4, 545 16, 846 193, 200 ! 148, 002 34,081 32, 111 . 030 345,226 • . 029 __ 5 721 i 4,543 17808 15,523 203, 622 15, 663 263, 495 26, 565 .027 .024 235 1 . 23 312 . 21 5,432 ! 6,513 ; 3,778 13.50(5 11,323 10,174 357. 5fil 315,541 j 261,230 23.886 • 10,310 ! 9,360 .022 * Bulk evaporated milk not included since December, 1931. .022 | .023 SURVEY OF CURRENT BUSINESS 40 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey 1932 19 31 July October NovemAugust September ber July September, 1932 1932 De c e m b e r - January February March April I I j June May FOODSTUFFS AND TOBACCO — Continued GRAINS— Continued Rice— Continued. Receipts, southern paddy, at mills 172 382 thous. of bbls. (162 lbs.)~ 1, 455 Shipments to mills, total 404 thous. of pockets (100 Ibs.) — 427 875 37 78 66 New Orleans-thous. of pockets (100 Ibs.).. 139 i Stocks, domestic, end of month thous of pockets (100 lbs.)._ 848 683 1,305 : Rye: 10 14 259 27 1 Exports, including flour thous. of bush.. ?32 .37 .38 .39 Price, No. 2, Minneapolis.. -dolls, per bush.. I'-oduction crop estimate thous. of bush.. * 42. 453 472 1,137 1,311 i Receipts Drincipal markets thous. of bush 8,922 ' 8,687 8,267 Visible supply end of month thous. of bush J Wheat: ! Exports — ,, , Wheat, including flour .,.._ thous. of bush.. 4, 772 17, 253 11.781 11,588 12,731 3,208 8,901 8,397 Wheat only thous. of bush.. Value, wheat and flour. (See Foreign j Trade.) Prices, wholesaleNo. 1, northern, spring, Minn. dolls, per bush.. .61 .69 .65 .57 No. 2, red, winter, St. Louis . ._ _dolls. per bush.. .48 .47 . 47 .47 .44 .43 .45 .43 No. 2, hard", winter, K. C.dolls. per bush.. Weighted average, 6 markets, all grades dolls, per bush.. .56 .47 .51 .48 Production, crop estimate, total thous. of bush.. 4 722 f>87 Soring wheat thous. of bush.. 280 899 Winter wheat thous. of bush.. 4441' 788 Receipts. thous. of bush.. 41,006 104, 047 61, 463 38, 877 Shipments thous. of bush.. 17, 294 65, 987 45, 747 28, 325 462, 700 ; 500,000 500, 400 Storks visible supply world thous of bush Canada --_. thous. of bush.. 121,005 116,462 101, 306 122, 199 United states thous. of bush.. 177, 876 217, 526 242,846 239, 431 Stocks, held by mills (quarterly) thous. of bush-139, 002 Wheat flour: 7,642 9,898 9,843 Consumption (computed).. -.thous. of bbls.. 1,005 i 709 640 347 Exports ..thous. of bbls_. Grinding of wheat -thous. of bush.. 36, 023 45, 362 44,413 44, 569 Prices, wholesale— 4.24 4.13 4,21 4.02 Standard Patents, Minn... dolls, per bbl.. Winter, straights, Kansas City ' dolls, per bbl— 3.16 2.96 2.96 3.10 Production — , ,,,, v 9,852 i 9, 658 9,735 Flour, actual (Census) thous. of bbls.. 7, 829 Flour, prorated, total (Russell's) thous. of bbls. . 9,847 10,614 10,611 Offai thous. oflbs.. 631,509 802, 424 i 785,106 781,318 61 59 50 58 Operations per cent of total capacity. Stocks total,' end of month (computed) . thous. of bbls.. 6,135 6,000 6,131 3, 532 Held by mills (quarterly).. thous. of bbls.. 1,810 1,408 632 569 734 812 544 703 343 1,396 200 1,216 136 758 79 720 i 837 ! 99 859 102 765 77 698 80 | 602 46 1,805 2,051 1,987 1,906 1,855 1,862 1,788 1,825 i 1,628 9 .41 27 .51 3 .45 3 32, 514 751 401 9,131 9,025 10 .46 8 .46 .47 280 .45 228 i .39 i 293 .32 378 8,934 580 i 8,909 566 9, 950 7,852 i 4,649 8,435 5,749 11,777 9,354 8,764 i 7, 283 ; 8,001 6. 088 1,213 9,186 57 ; 15, 406 11, 873 13, 380 9,519 11,924 7, 896 7,962 4,074 .71 .80 .73 .75 .75 .70 .71 . 68 . liO .52 .48 .62 .59 .57 .52 .57 .53 .57 .54 .55 .51 .57 .53 . 56 . 54 . 49 . 46 .58 .69 .60 .61 .59 .58 .60 .61 .53 204 104, 742 3 789, 462 13, 766 15, 470 608, 900 191, 180 220, 521 17, 072 11,005 631, 600 187, 974 211,873 25, 000 11,537 612, 100 180, 966 210, 147 13,412 9, 562 595, 800 181,445 202, 383 13, 198 13, 221 529, 700 165, 533 182, 757 15,344 13,473 15,942 ! 11,507 488, 200 ; 444, 800 147,927 ; 138,8<JO 171,775 166,651 8, 296 597 38, 669 8,022 539 37, 559 8, 146 7, 771 32y ; 425 35,344 ; 235,805 3 894, 3 32, 658 26, 851 529, 100 161,912 231, 049 26, 405 29, 470 541, 400 189, 675 230, 147 10, 462 785 47, 463 9,334 858 45, 230 9.393 895 37, 157 7, 604 864 37, 290 7,612 712 35, 130 4.28 4.84 4.51 4.59 4.61 4.37 4.49 4.43 4.16 3.10 3.03 3.22 3.40 3.30 3.09 3.08 3. 35 3. 12 129, 994 77,936 95, 119 10, 399 9,891 8,148 8,180 7,692 8,483 8,197 11,112 828,114 60 10,167 789, 737 65 8,890 645,812 49 8,788 645, 881 49 8,084 610, 366 51 8,913 671, 853 50 8,631 659, 666 50 6,000 5,975 4,577 4,126 5, 120 4,880 4,900 3 918 4,975 1,020 1,080 1,098 955 1, 015 1,032 1,033 i 1,085 1,352 1,301 1,183 1,052 1,083 1,094 ; 523 50, 664 736 65, 579 875 69, 249 1,035 76, 368 1,011 65, 901 1,012 60, 028 1,020 : 59, 625 I 343, 245 I,i8y 379,927 1,046 380,079 1,202 340, 516 883 372, 060 902 386, 406 926 .164 .157 .145 .130 .130 .128 349, 598 393, 399 377, 068 339,915 362, 834 7,739 \ 27,820 8,330 I 8,056 616, 696 : 2 627, 664 49 48 .. 4,830 i ; 4,690 3 191 LIVESTOCK AND MEATS Total meats: 955 1,067 1,012 1,194 Consumption apparent mills, of lbs_. 1,043 Exports, value of meats and fats. (See Foreign Trade.) Production (inspected slaughter) .....mills, oflbs.. 964 999 910 1,125 946 Stocks, cold storage, end of month total mills, of lbs._ 638 946 i 506 844 798 Miscellaneous meats thous. oflbs.. 51,654 69,026 | 66, 334 56, 881 48, 744 Cattle and beef: Beef and vealConsumption, apparent thous. oflbs.. 354, 100 416,732 ! 432,312 404,928 449, 043 1,332 1,497 j 1,837 2,077 1,604 Exports thous. oflbs.. Price, wholesale— Beef, fresh native steers, Chicago dolls, per lb_. .142 .129 ! .144 .148 .156 Production, inspected slaughter __ thous. of lbs_. 350, 521 411,952 430,595 400, 751 446, 798 Stocks, cold storage, end of month ...tLous. of Ibs.- 26, 642 41,055 i 39,050 35, 171 34, 407 Cattle and calvesMovement 'primary markets1,291 1,797 2.137 1,488 ! 1,821 Receipts-thous. of animals.. 783 961 1,033 1,007 Slaughter, local. thous. of animals. . 930 Slaughter, inspected. (See Leather and leather products.) 492 861 1,100 562 i 758 1 Shipments total -thous. of animals _. 149 381 581 124 ; Stocker a'nd feeder.. thous. of animals.. 261 Price, wholesale, cattle, corn fed, Chicago 8.66 9.25 8.61 8.62 i 7.25 -dolls, per 100 IbsHogs and products: Hogs— Hog movement, primary markets2, 159 2, 727 ! 3,462 2. 454 2,511 Receipts thous, of animals.. 2, 142 1,663 1,474 : 1,398 Slaughter local . . -thous. of animals. . 1, 445 Slaughter, inspected. (See Leather and leather products.) 1,062 i 1,324 715 1,039 i 1,045 Shipments, total thous. of animals.. .22 55 i 72 37 i 49 Stockerand feeder.. thous. of animals.. 6.24 | 5.71 ! 5.41 4. 80 6.35 Price, heavy, Chicago... dolls, per 100 lbs__ 3 As of Dec. 1. s Revised. i 1,000 2 ! .119 1 366, 403 39, 158 53, 199 ; 51,285 51, 107 46, 346 41, 226 35, 655 ! 1,866 905 1,453 908 1,376 876 1,281 841 1, 377 886 1,376 879 1,397 895 1 905 487 608 246 478 130 427 110 10. 20 9.34 8.97 7.98 3, 752 2,297 4,210 2,806 4,218 2, 707 ; 3, 659 2, 464 1,427 62 i 4. 64. ; 1,426 40 4.22 I 1,510 > 1,188 37 35 3.77 3.91 4 1,018 2838 54, 745 369, 054 !| 2 375, 236 1,827 1,211 379, 758 i 1 2 .118 369, 524 2 29, 909 1,338 875 496 138 483 | 135 ! 461 105 7.61 7.51 6.89 | 7.38 2, 939 ! 1,968 ! 2, 960 2, 024 969 ' 941 28 3. 75 483 125 \ ! «.'» As of August 1. i 3, 050 2,188 854 i 31 i 3. 26 ; 2, 545 1,773 918 26 3. 7G September, 1932 41 SURVEY OF CURRENT BUSINESS Earlier data, together with explanatory \ footnotes, may be found in the 1932 Annual Supplement to the Survey j July 1933 1931 July i Decem- January FebruAugust | ££ -| October Novemary ber ber Se m March April May June FOODSTUFFS AND TOBACCO—Continued LIVESTOCK AND MEATS— Continued Hogs and products— Continued. Pork, including lard — Consumption, apparent thous. of lbs_. 550, 921 Exports, total thous. of lbs_. 48, 722 Lard thous. of Ibs 34 8% PricesHams, smoked, Chicago dolls, per lb.. . 131 Lard, prime contract, N. Y. .dolls, per l b _ _ . 054 Production, inspected slaughter, totai thous. of Ibs.. 509 181 Lard thous. of lbs_. 103, 411 Stocks, cold storage, end of nio. thous of Ibs 764 «S5 Fresh and cured thous. of Ibs 643 213 1 Lard thous. of Ibs.. I2l' G72 Sheep and lamb: Lamb and muttonConsumption, apparent thous. of Ibs. . 50, 409 Production, inspected slaughter thous. of Ibs - riO 438 Stocks, cold storage, end of mo thous of Ibs 1 0'?2 Sheep and lamb movement, primary markets — Receipts thous. of animals . _ 2, 240 Slaughter, local thous. of animals.. 1 ]9Q Slaughter, inspected. (See Leather and leather products.) Shipments total thous. of animals 1 049 Stocker and feeder thous. of animals.. 181 Prices, wholesale— Ewes Chicago - ... dolls, per 100 Ibs ._ 1 50 Lambs Chicago dolls per 100 Ibs 5 (11 Poultry and eggs: EggsReceipts 5 markets thous. of cases 1 082 Stocks, cold storage, end of month — Case thous. of cases ._ 6,422 Frozen thous. of Ibs. 98 491 Poultry— Receipts, 5 markets thous. of lbs_. 18, 476 Stocks, cold storage, end of mo. thous. of Ibs. 31 446 540, 219 49, 193 33, 824 551, 988 48, 032 34 510 .173 .082 .185 .075 532, 757 109, 265 601,367 1 679,011 48,550 56, 134 37 790 i 43 547 620, 021 48, 224 35 205 639, 966 75, 954 65 598 653,596 69,020 59 854 558,845 75, 728 66 674 585, 935 51. 659 43 200 586, 533 45, 955 36 014 609, 273 53, 657 4 1 OS4 2587,485 57, 634 45 330 .172 .071 .153 .000 .138 .055 .147 .052 .144 .051 .142 .048 . 136 . 0 43 .130 . 044 457, 103 91, 680 502,673 * 611, 172 ; 678, 452 97, 114 116, 124 | 125, 859 898, 597 174, 090 860,315 171,331 786, 802 164, 152 629, 420 130, 158 644, 271 129, 091 676. 267 137,816 575, 327 124, 753 833 737 711,811 121, 926 691 110 595 063 96, 047 544 183 474 887 69, 296 420 661 ' 431 387 380 895 i 396 563 34, 824 39,766 614 530 563 306 51, 224 752 581 674 151 78, 430 905 320 812' 459 92, 861 897 832 792 197 105, 635 910 071 799* 064 111,007 923 969 7<)5 gpf) 128, 103 2 8 52 034 2792 271 2 130, 363 54, 679 58, 351 60,792 66, 436 56, 499 59, 683 64, 275 55, 997 56, 574 59, 049 54, 868 2 55, 256 53 947 58 466 CO 754 66 546 56 545 60 047 63 934 55 851 56 040 58 876 54 847 55 968 1 892 1 975 I 908 1 975 1 985 2 318 1 947 1 784 1 222 1 061 1 018 2 1 0]0 2, 535 1,342 3, 270 1,474 3,900 1,461 3,956 1,487 2,811 1,281 2, 182 1,305 2,363 1,381 2,035 1 233 2, 115 1 185 2,412 1 *>69 2, 429 l' 360 2, 428 1 338 1, 191 243 1 734 718 2 455 1,104 2 471 1, 181 1 520 655 919 988 796 922 182 124 80 77 1 155 143 1 072 100 1 087 172 2.56 6 06 1.98 5 95 1.63 5 94 1.63 5 70 2.00 4 98 2.00 4 89 2 06 5 09 2 98 5 38 3 25 5 79 2 75 5' 81 1 50 5 1°. 1 53 .186 .075 : ; .182 ; .080 ' 1, 180 1 053 943 722 578 652 936 1 090 1 435 1 917 1 Q71 1 496 9,504 114, 709 9,016 110 271 7,960 103 302 5, 745 94, 816 3,447 86, 407 1,475 79, 198 663 72 439 258 68 024 689 68 870 2,982 81 920 5,380 94 978 2 6, 339 2 100 485 24,871 28, 655 32,409 30, 377 64, 731 76, 149 25, 197 20, 530 19, 169 15,499 18, 763 36, 438 43, 056 56, 215 65, 668 89, 971 116, 700 111, 554 96, 422 74, 660 56 676 44 829 9 515 .0447 17, 746 . 0581 13, 546 .0525 14, 104 .0463 8,152 .0475 8,288 .0494 16, 343 .0425 16 641 .0432 29, 285 .0422 37 244 .0455 15 971 .0445 10 617 .0435 7 304 . 0419 13 256 7,783 4,355 6,663 7,256 23, 080 44, 588 52, 105 49, 330 25 614 16 020 7 075 8 445 500 207 671 .079 750 1,161 530 1,100 .063 1,462 1,216 592 884 .056 1,495 1,263 711 794 .056 1,533 1,485 805 907 .058 1,711 ' 1,529 870 936 .063 2,319 1,507 818 1,203 .070 2, 138 1,270 823 1,220 .071 1,580 1,097 646 1,149 .072 1,769 1,098 622 1,220 .073 1,721 1,315 803 793 .077 1,762 1, 263 735 1, 056 . 084 1, 564 865 448 1, 079 .081 1, 229 20, 460 2 36 661 TROPICAL PRODUCTS Cocoa: Imports ... -.long tons. Price, spot, Accra, N. Y dolls, per lb.. Shipments, Gold Coast and Nigeria _ _. long tons.. Cotfee: 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 dolls, perlb.. Receipts at ports, Brazil thous. of bags.. Stocks, world total, incl. interior of Brazil thous. of bags .. Visible supply, total excl. interior of Brazil thous. of bags United States thous. of bags_. Sugar: Raw sugar— Cuban movementExports long tons.. Receipts at Cuban ports long tons.. Stocks total end of month.thous. long tons United StatesMeltings, 8 ports long tons Price, wholesale, 96° centrifugal, New York dolls, per lb._ Receipts— From Hawaii and Pto. Rico.Iong tons.. Imports ..long tonsStocks at refineries, end of mo. long tons. . Refined sugar: Exports, including maple long tons Price, retail, gran. N. Y dolls. perlb_. Price, wholesale, gran. N. Y_.dolls. per lb__ Shipments, 2 ports _ ..long tons. Stocks, end of month, 2 ports. . .long tons.. Tea: Imports ..thous. of Ibs ._ Price, wholesale, Formosa, fine, N. Y. __ dolls, per lb.. 30, 662 32, 865 34, 493 35, 046 36, 093 37, 246 37, 260 37,115 37, 159 36 158 33 456 5 190 7G5 6,990 1,491 6 944 1,592 6 493 1,555 6 127 1,510 6 322 1,299 6 419 1,387 6 244 1,359 5 852 1,340 5 620 1,219 5 556 937 5 751 877 5 468 990 190,983 106, 496 2, 666 203, 030 119,664 2,940 215, 110 126, 016 2,557 160, 992 109, 613 2,322 134, 336 97, 725 2,130 146, 102 101, 278 1,931 156, 714 101, 544 1,415 18, 242 88, 595 1,799 25,111 263, 549 2,422 97, 589 491,684 3,422 244, 391 234, 461 3,202 82, 502 55, 107 3, 1 55 134, 691 111,874 2,922 354 665 469, 609 376 715 414 066 328 310 231 746 283 570 246 324 267 038 345 753 298 362 306 072 381 681 .030 .035 .035 .034 .034 .034 .032 .029 .028 .026 .026 .028 150, 815 189 193 380, 430 148, 636 324, 849 367, 252 135, 228 397, 042 429, 229 126, 970 202. 564 321, 815 82,063 186, 928 245, 694 53, 741 135 308 187, 552 39, 191 177 460 181, 363 93, 141 196 150 182, 257 172, 797 264 675 263, 659 184, 041 330 891 396, 514 196, 949 312 857 514, 273 226, 859 29Q 812 483. 487 160, 147 154 269 433, 151 3,713 .046 .040 76 649 39, 903 3,952 .051 .046 98, 879 36, 481 3,896 .053 .046 76, 412 37, 116 4 365 .052 .045 60, 502 41, 171 4,304 .052 .045 48 208 33,047 3 598 .052 .044 41 538 34, 486 2 607 .051 .042 51 378 31, 220 3 365 .051 .041 44 745 32, 239 4 143 .051 .041 38 655 30. 684 4 031 .049 .040 51 153 31, 641 3 178 .048 .039 55 679 37, 132 5 538 . 045 .037 67 9°3 46, 173 5 345 . 045 .037 179 040 92, 279 6,278 6,578 7,977 8,568 10, 271 7,813 7,748 10, 028 6,394 7,465 5,774 4, 566 7, 277 . 175 .225 .225 .225 .225 .225 .217 .215 .203 .185 9,098 11,816 17, 187 25,065 25, 877 24, 686 25,203 19, 520 19, 364 16, 340 14,877 12, 533 .031 .215 j . 185 . 163 MISCELLANEOUS PRODUCTS Candy sales by inanufacturers.-thous. of dolls,. Fish: Landings, fresh fish, principal ports -thous. of lbs._ Salmon, canned, shipments cases.. Stocks, total, cold storage, 15th of month thous. of Ibs.. > Revised. 19,334 i 26, 998 28,626 523, 845 33,612 902, 319 28, 439 631, 651 24, 947 539, 277 20, 808 429, 818 14, 155 433, 132 15, 749 444, 588 20,318 484, 335 31, 888 331, 413 26, 301 128, 329 26, 083 264, 107 24, 737 378, 040 41. 275 48, 350 57. 518 68. 083 73. 018 74. 725 72. 362 64. 478 50. 661 35. 534 26. 061 28. 655 34. 304 42 SUKVEY OF CURRENT BUSINESS Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey 1932 September, 1932 1931 July July August 1933 Se j^H Octobcr Novem- Decem- January ™»uber ber March i April i 1 May June FOODSTUFFS AND TOBACCO—Continued TOBACCO Leaf: Exports __ thous. oflbs 26 762 32 875 30 105 20 574 49 170 56 585 25 047 31 218 29 437 23 113 44 8°6 58 386 9 ^Q9 Imports, unmanufactured thous. of lbs._ 2,421 L, oyz 2,429 4,288 7,899 5 U, 004 5, 321 2^333 14, 200 2, 823 8^680 6,340 Production, crop estimate thous. oflbs.. H,019,975 1,600,910 Stocks, total, including imported types (quarterly) mills, of lbs_. 1,841 2,374 2,013 Flue-cured, fire-cured, and air-cured _ _ .mills, of Ibs 1 419 1 612 1,858 Cigar types mills, oflbs.342 321 412 Manufactured products: Consumption (tax-paid withdrawals)— 9 695 8 447 9 534 9 520 0 562 Small cigarettes . mills 10 700 8 956 7 850 7 295 8 963 7 680 8 685 Large cigars thousands.. 361, 240 478, 901 463, 256 449, 330 534, 371 477, 458 304,531 342, 924 347, 729 355, 382 349 953 368, 553 Manufactured tobacco and snuff thous. of lbs._ 26, 733 30, 661 31, 55S 33, 278 34, 139 27, 935 25, 813 30 883 29,417 31, 444 30 781 27 810 Exports, cigarettes _ thousands.. 195, 923 243, 233 254, 049 257, 854 191,835 228, 793 240, 727 190, 823 232, 348 211,210 186, 194 268, 304 Prices, wholesale6.042 6.042 6.042 6.042 6.042 6. 042 6.042 6.042 6.042 6. 042 6.042 Cigarettes dolls, per 1,000.. 6.042 Cigars .dolls, per 1,000.. 49. 247 49. 247 49. 247 49. 247 49. 247 49. 247 49. 247 49. 247 49. 247 49. 247 49. 247 49. 249 30 840 2,242 2,239 1 715 427 10 560 400 406 30 678 177, 959 6 042 49. 249 FUELS AND BY-PRODUCTS COAL Anthracite: i Exports thous. of long tons _i 100 Prices — ! Retail, composite, chestnut ] ..dolls, per short ton.. 13.16 Wholesale, composite, chestnut dolls, per long ton_J 11. 582 Production thous. of short tons 3, 023 Shipments thous. of short tons.J 2, 778 Stocks, in storage thous. of short tons..! 2,081 Stocks, in yards of dealers, end of month i no. of days' supply ! Bituminous: Consumption— i Coke plants thous. of short tons.. 2, 2,37 Electric power plants.thous. of short tons..: Railroads ..thous. of short tons.j Vessels, bunker ..thous. of long ions.. 104 Exports thous. of long tons. 708 Price, retail composite, 38 cities ;: dolls, per short ton.. 7. 50 Prices, wholesale — : Composite, mine run _ dolls, per short ton__; 3. 028 Prepared sizes (composite) dolls, per short ton.. 3. 500 Production.. _ thous. of short tons..! 1 7, 857 Stocks, consumers, end of month thous. of short tons... 110 101 121 157 125 113 96 87 136 105 92 62 14. 59 14, 73 14.93 14.97 14.96 14.97 14.97 14.95 14.45 13.46 13.11 13.17 12. 614 3, 954 3, 459 2,504 12. 796 4,314 3,810 2,828 13. 083 4,358 3,778 3,109 13. 083 6, 551 5,818 3,167 13. 147 4,141 3,718 3,314 13. 166 4, 671 4, 210 3,073 13. 170 3,897 3, 418 2, 741 13. 170 4,019 3,630 2, 265 12. 396 4,789 4,384 1, 794 11.803 5, 629 5. 014 1,733 11.777 3, 278 2,901 1, 906 11.750 2. 550 2,227 2, 070 75 60 75 54 51 52 3, 795 3, 167 5, 463 186 1,OS7 3, 634 3, 232 5, 419 105 1,217 3. 459 3. 282 5,268 164 1, 163 3, 616 3, 452 5, 776 183 1,078 3,442 3,221 5, 290 134 1,150 3, 354 3, 116 5,314 99 521 3, 172 2, 863 5,234 93 389 3.018 2,608 4, 980 122 3h6 3, 1 58 2 2, 732 5,444 89 403 2,810 2 2, 33 1 4, 703 8. 09 8.11 8.17 8.22 8.23 8. 19 8.17 8.14 8.01 7.85 7. 00 7.53 3. 700 3. 704 3. 70S 3.703 3.705 3. 701 3. 609 3.701 3. C92 3. 009 3. 640 3. 624 3. 856 20, 790 3. 907 30, 534 3. 954 31,919 3. 954 35, 700 3. 962 30, 110 3. 950 30, 200 3. 953 27, 892 3. 929 28, 013 3.798 32, 250 3. 62'J 20, 300 3. 5^)9 18, 384 3. 004 17, 749 34, SCO 36, 100 35, 500 32, 700 30. 050 27, 200 43 30, 900 550 2,588 2 2, 203 4, 300 110 062 2. 284 2, 350 3, 905 110 007 20, 300 COKE Exports thcus. of long tons. _ Price, furnace, Connellsville dolls, per short ton.. Production: Beehive _ thous. of short tons.. By-product thous. of short, tons.. Petroleum thous. of short toes.. Stocks, end of month: By-product plains thous. of short tons.. Petroleum refinery thous of short ton^ 95 53 2.21 2. 13 56 1,SS3 141) 1,743 150 4! 1,537 145 3, 473 1, 436 3, 506 1. 520 3,015 1,554 3, 742 1, 537 63, 814 4,708 .710 62, 484 60 68, 502 4,840 .710 67, 189 61 71,131 2 7, 691 .823 67,717 67 74, 669 2 5, 088 .860 68, 523 67 72, 327 7,869 .860 64, 835 67 93, 033 42, 431 320, 201 36, 594 283, 607 643 92, 809 42,311 320, 577 38, 085 282, 492 575 92,155 42, 259 323, 395 40,211 283, 184 670 92, 249 42, 547 322, 867 42, 222 280,' 645 793 92, 940 42, 737 319, 552 45, 277 274, 275 968 93, 605 40, 938 316, 995 47, 403 269, 592 993 1,833 2,654 1,392 2,869 1,890 2,761 2,557 2,968 2,922 2,925 8,984 9,535 9,101 9,922 9,087 9,589 8,546 8,994 9,949 9,998 11, 004 10, 481 11,260 10, 648 10,313 10, 579 707 3,554 3,643 722 3,344 3,060 783 2,899 3,447 664 3,388 3,031 607 3,025 3,136 596 3,211 3,500 2 522 3,003 3, 436 2539 2,963 3,243 628 3,227 3,714 .338 28, 265 44, 883 .350 27, 108 45, 434 .338 27, 187 42, 582 .325 26, 464 39, 927 .335 23, 435 36, 631 .350 25, 928 34, 096 438 25, 504 734, 52 .435 25, 920 36, 633 .419 24, 312 38, 284 01 50 87 52 50 41 28 22 29 42 2. 12 2.45 2.45 2.45 2.45 2.38 2.34 2.30 2.25 2 25 76 2, 569 173 70 2, 443 178 78 2,310 180 105 2, 389 159 98 2, 276 168 82 ~' 168 88 2, 101 145 86 1, 996 141 87 2, 089 140 3, 546 1 391 3, 791 1, 45.1 4, 054 1,516 4,214 1,473 4, 290 1, 499 4,322 1,512 4,179 1,460 3, 839 1,440 80, 672 2, 702 .434 68,418 69 75, 094 3,426 .560 63, 636 66 76, 083 4,106 . 560 73, 079 65 71, 639 3,604 .710 72, 851 64 72, 721 4,315 .710 73, 174 64 68, 715 2,047 .710 66, 884 60 94, 633 42, 300 333, 852 39, 021 294, 831 441 93, 961 41, 888 323, 198 38, 358 284, 840 445 93, 493 41, 519 319, 906 36, 705 283, 201 705 93, 673 41, 777 320, 788 36, 566 284, 222 874 93, 274 42, 114 322, 566 36, 546 286, 020 744 1,488 2,841 1,864 2,628 1,553 2,359 1,409 2,350 9,274 9,796 9,420 9,412 9, 639 9,440 727 3,286 3,442 694 3,236 3,095 .280 29, 129 44, 480 .319 27, 639 45, 334 1 PETROLEUM AND PRODUCTS Crude peti oleum: 79, 758 Consumption (run to stills). -thous. of bbls.. Imports thous. of bbls.. ~~~1~525~ 3,588 . 238 Price, Kansas-Oklahoma dolls, per bbl__ .860 77, 961 Production .. thous. of bbls.. 68 Refinery operations per ct. of capacity. Stocks, end of month — California94, 587 Heavy crude and fuel oil. thous. of bbls.. 43, 625 Light crude thous. of bbls.. 346, 016 East of California, total thous. of bbls.. 41, 007 Refineries thous. of bbls.. 305, 009 Tank farms and pipe lines thous. of bbls 599 Wells completed ._ numberMexico— 2,183 Exports thous. of bbls Production thous. of bbls.. 3,129 Venezuela— 8, 394 9,401 Exports . thous. of bbls Production thous. of bbls._ 9, 551 9,913 Refined products: Gas and fuel oilsConsumption — 713 Electric power plants . thous. of bbls 3,567 Railroads . _ .. thous. of bbls. . 3,839 Vessels, bunker thous. of bbls.. 3,248 Price, Oklahoma, 24-26 refineries .294 .400 _ ._ dolls, per bbl_. 28, 801 Production thous. of bbls _ 41, 339 Stocks refinery, end of mo thous. of bbls.. 2 Revised 3 As of D ec. 1 » As of AL gust 1. SURVEY OF CURRENT BUSINESS September, 1932 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey 1931 1932 July 43 July Decem- January FebruAugust SeptemOctober November ary ber ber 1933 1 March April May June FUELS AND BY-PRODUCTS—Continued PETROLEUM AND PRODUCTS-Con. Refined products—Continued. Gasoline— Consumption thous. of bbls.. Exports thous. of bbls.. Exports, value. (See Foreign Trade.) Price, wholesaleDrums, delivered, N. Y.dolls, per gall_. Refinery, Oklahoma dolls, per gall.. Price, retail, service station, 50 cities dolls, per gall.. Production— At natural gas plants thous. of bbls_. At refineries thous. of bbls.. Retail distribution (41 states) mills, of galls.. Stocks, end of month— At natural gas plants thous. of bbls_. At refineries thous. of bbls_. KeroseneConsumption thous. of bbls_. Exports thous. of bbls.. Price, 150° water white, refinery, Pa. dolls, per gall.. Production thous. of bbls.. Stocks, end of month thous. of bbls.. Lubricating oilConsumption _thous. of bbls_. Price, cylinder oil, refinery, Pa dolls, per gall.. Production thous. of bbls.. Stocks, refinery, end of month _ .thous. of bbls.. Other productsAsphalt— Imports thous. of short tons.. Production thous. of short tons.. Stocks, refinery, end of month thous. of short tons.. Coke, (See Coke.) WaxProduction thous. ofIbsStocks, refinery, end of month thous. of Ibs.. 2,200 39, 246 4,166 39,470 4,036 36,670 3,074 35,051 3,325 30, 640 .135 .051 .133 .029 .133 .043 .143 .034 .143 .038 .143 .047 853 .050 3,723 30, 529 2,540 .128 26,196 25,344 3, 300 2,721 .123 .032 .123 .036 .135 . 041 .132 .124 .122 .123 .123 .129 .130 .130 3,521 37,873 3,179 38,425 3,062 37,016 3,345 3, 405 35, 792 3,476 j 3,342 35,563 | 33, 007 3,148 31, 265 1,214 1,219 1,082 855 38,174 722 34,878 2,114 1,214 2,678 1,131 .038 3, 696 6,869 38, 030 1, 059 I 957 880 I 29,451 I 30,488 2,901 I 3,568 801 752 855 809 875 947 i 2 31, 571 4,418 38, 766 .140 .052 .130 .054 .136 .137 .142 3,102 33, 093 3,079 .143 .053 3,369 34, 599 947 952 1, 054 45,, 246 524 33,401 j 34, 615 641 36, 786 645 40, 202 41,501 46,719 46,950 i 1,061 46, 624 2,341 1,057 3,042 2,906 3,358 3,067 j 3,292 1,206 640 2,612 1,184 2,798 1,267 734 876 I 578 .038 3,685 6,734 .039 3, 239 6,558 .039 3,701 5, 924 .041 3,815 5,618 .044 3,713 5,332 3,798 5,304 3,200 1,969 1, 753 1,549 1,639 1,211 1,366 1,413 1,190 ,110 2,337 .134 2,306 .198 2,143 .200 2,267 .181 2,164 .164 .153 .161 1,984 . 167 i 1,946 | .163 1,910 9,597 9,289 I 9,224 9,113 9, 747 9,355 | 9,139 12 326 1 314 1 131 1 130 2 ! 181 i 0 211 250 I 27 255 308 313 351 391 414 I 409 36, 680 39,760 ! 4 314 14 312 614 343 288 37,800 37, 520 [ 42,000 46, 200 198,407 191,158 189,167 .046 2,092 2,049 9,485 0 210 0 132 277 302 I 46, 760 ! 45, 360 j 43, 680 183,938 ! 171,220 .045 4,971 48, 440 178,082 176,674 18, 015 2, 658 5, 209 4, 309 17, 150 2, 175 7,115 3, 632 2, 697 347 (353 360 583 4, 590 1, 439 .044 3,525 j 4, 539 I .046 3,762 4,417 1,587 47, 040 I 812 38, 526 2, 128 1,068 .052 ! 4,092 ! 4,812 j i 1,535 i .051 3, 523 5,134 3, 054 .174 2,036 36, 4GO 182, 974 i 184,486 , 194, 973 j 198, 526 LEATHER AND PRODUCTS HIDES AND SKINS Imports, total hides and skins___thous. of lbs__ Calf and kip skins -thous. of Ibs Cattle hides thous. of lbs__ Goatskins thous. o f l b s _ _ Sheep and lamb skins thous. of lbs__ Livestook, inspected slaughter: Calves tbous of animals Cattle thous. of animals.. Hogs thous. of animalsSheep thous. of animals Prices, wholesale: Packers, heavy native steers, Chicago dolls, per l b _ _ Calfskins, No. 1 country, Chicago dolls, per lb._ Stocks, total, end of month thous. of lbs._ Calf and kip skins thous. of lbs__ Cattle hides thous. of lbs._ Sheep and lamb skins thous. of lbs._ 10, 174 2, 867 1, OUT 3, 432 1,760 C14 2, 802 lj 3^4 .049 .049 (•n (t) (t) ct) 27, 445 3, 265 11,934 6,858 3,360 25. 856 3, 164 10, 846 5, 533 4, 472 20, 492 2, 327 3, 472 29, 513 5, 058 11, 870 7, 556 3, 368 356 706 2, 767 1,491 357 0:Ji 72 i 2, 500 1, 598 393 687 2, 955 I, 667 407 781 3, 772 1, 804 .113 .090 28, 332 6, 211 9, 313 7,686 . 120 35, 223 .129 276, 000 28, 325 212, 299 35, 376 .139 270, 573 29, 033 206,317 9,473 16, 712 2 739 4, 261 4, 783 2, 333 3,481 3,755 355 614 4, 218 1, 505 388 686 S. 387 1,581 5,027 .082 .078 .076 .066 . 098 . 083 .085 283, 405 277 523 282, 639 27, 089 27, 413 2CJ 977 .074 308, 948 .065 296, 770 24. 851 . 077 3,879 221,343 217,394 33, 152 33, 659 .078 300, 468 29, 562 237, 186 33, 720 34, 649 221, 891 1,679 20,313 245, 477 34, 158 238,156 33, 763 18, C44 2, 092 18, 579 4, 61 1 4,' 009 G, 406 5, 948 2, 2S2 16. 7S6 1, S69 o, !3S 0, |>N2 2,514 428 650 3,714 1, 497 399 010 3. 910 1, 444 . 064 .050 .043 . 069 294, 726 22 724 23S, 286 33, 717 .058 302, 474 22, 360 232, 619 35, 030 420 3, 064 1, 428 2,474 . 04.5 (t) (t) (t) (t) 17, 366 r )7 ") 9 Z 120 6, 126 3,081 394 o:;s 3 3''0 1, 529 . 013 . 040 Ct) (t) (t) (t) LEATHER Sole and belting: Exports (sole only) thous. of lbs._ Price, oak, scoured backs (Boston) dolls, per lb_. Production, total thous. of Ibs.. Sole only ..thous. backs, bends, and sides. _ Stocks end of month — Finished thous. of Ibs.. In process of tanning thous. of lbs__ Upper leather: Exports thous. of sq. ft— Price, wholesale, composite, chrome, calf, black " B " grade dolls, per sq. ft— Production thous. of sq. ft— Stocks, end of monthFinished thous. of sq. ft— In process of tanning thous. of sq. ft_. 160 652 459 546 53i 309 280 213 188 242 259 712 125 .27 (t) (t) .37 19, 281 1,097 .40 19, 837 1,160 .39 18, 765 1,088 .35 19, 531 1,127 .32 17, 053 1,003 .32 17, 111 1, Oil .32 16, 673 977 .33 15, 070 874 .33 16, 642 972 .31 15, 466 920 .28 (t) (f) .27 (t) (t) (t) (t) 81, 906 67, 212 81, 319 68, 931 80, 773 69, 172 83, 463 69, 850 86, 348 68, 705 88, 358 66, 244 88, 761 63, 770 88, 227 60, 494 85, 816 62, 622 85, 505 63, 137 (t) (t) (t) (t) 4, 528 7,463 6,635 6,529 7,926 9,718 6,418 6,550 8,094 4,982 5,828 5,483 4,346 .238 (t) .350 67,234 .348 69, 626 .337 65, 543 .330 60, 682 .323 48, 262 .320 49, 405 .298 50, 120 .290 55, 081 .285 60, 982 .270 51, 136 .250 (t) .241 (t) 246, 424 128, 425 250, 478 254, 306 126, 146 267, 705 116, 578 272, 328 115, 028 270, 673 261, 588 253, 599 121, 967 258, 594 119, 784 261, 235 116, 858 (t) (t) (t) (t) 164,205 223, 837 226, 754 233, 394 243, 948 129, 569 112,004 135, 060 92, 866 119,512 121,601 134, 768 112,061 69, 781 55, 908 69, 067 71,339 104. 325 105. 153 98. 626 131. 887 59. 788 56. 096 65. 993 t Discontinued. « Revised. 147, 622 75, 310 72. 412 127, 794 64, 169 63, 625 100, 402 43, 535 56, 867 (t) (t) 131,095 116,212 120,178 LEATHER MANUFACTURES Gloves and mittens: Production (cut), total Dress and street. Work _ dozen pairs dozen pairs dozen pairs. . 104, 979 47, 618 57. 361 44 SURVEY OF CURRENT BUSINESS Earlier data, together with explanatory footnotes, may be found in the 1932 1 Annual Supplement to the Survey 1932 September, 1932 1931 July 1932 Novem- Decem- !January! Febru! August September - October ber ber ary July March ! April May June LEATHER AND LEATHER PRODUCTS—Continued 1 LEATHER MANUFACTUEES-Contd. Shoes: Exports thous. of pairs. . Prices, wholesale— Men's black calf blucher, Boston... dolls, per pair.. Men's black calf oxford, lace, St. Louis dolls, per pair.. Women's colored calf, Goodyear welt, oxford, average-dolls, per pair.. Production, total thous. of pairs.Men's thous. of pairs— Bovs' and youths' thous. of pairs.Women's -- thous. of pairs-Misses' and children's thous. of pairs— ... Slippers, all types thous. of pairsAll other footwear thous. of pairs.- : i 71 ; j 132 5. 75 6. 75 6.75 6.75 6.55 6.31 6.25 i 5. 75 5.75 ! 3. 85 1 35 4.35 4.35 4.35 1 4.35 i 4.35 4.25 4.25 ! 3. 35 . 142 i 136 ! 140 42 ; 3. 75 3.75 28,614 : 33, 474 7,349 i 8,245 1,739 I 2,078 10,400 \ 13, 103 2,846 ! 3,140 3,431 i 3,931 i , 2,849 : 2,978 I I : 3.75 31,293 7,423 1,991 11,883 2,785 4,171 3,040 3.75 25,381 6,129 1,776 8, 133 2,105 4,717 2,521 136 3.75 ; 18,518 5,107 : 1,449 3,864 1,854 : 4,317 ; 1,927 i 113 3.50 : 19,556 ; 5, 354 !: 1,485 5,419 1 2, 579 ! 2,642 ! 2, 077 58 94 93 S4 i 5. 75 5.75 5. 75 i 5. 75 4.25 4.25 4.25 i 4.05 3.50 3.50 i 3.50 21,225 ; 25,958 | 30. 676 5,853 6,644 5,176 1,423 1,490 ! 1,663 8,233 10 560 : 12 343 2,824 3,413 ' 3,883 1,109 1,678 i 2,253 2,460 ! 2,964 ! 3,890 3.50 3. 50 ! 25, 946 2 222, 497 ! 5, 343 2 5. 424 j 1,270 1,112 ; 9 636 22 7 5^8 3,410 2, 469 | 2, 266 • 2, 382 ! 4, 021 2 3, 582 i 60 3. 43 23, 562 5. 851 1.183 7 884 2, 527 2, 601 3, 516 LUMBER AND MANUFACTURES LUMBER _M ft. b. ra_ I 62,817 Exports all types Retail movement: Retail yards, 9th Fed. Res. Dist.— Sales --M ft. b. m... Stocks, end of month M ft. b. m__ Retail yards, 10th Fed. Res. Dist.— 1,922 Sales. -M ft. b. m__ Stocks, end of mouth M ft. b. in-- 31, 460 120,354 I 99,633 85,234 i 77,87 87,520 ' 84,433 | 65,063 61, 304 73,675 76, 595 | 71, 554 2,932 I 2,808 63,374 i 64,928 1,723 66, 638 2,379 \ 4,124 68,575 j 69,025 6,609 66, 826 3.745 i 3,280 ' 3,249 ! 3,481 ' 2,599 1,697 i 1,593 37,279 | 36,966 36,245 | 35,207 ! 34,718 j 34,183 i 33,458 1,402 33,054 1, 842 ! 2,159 33r 028 32, 553 1,743 32, 366 2,203 5,072 2, 570 2,061 21, 588 2,210 4,648 3,424 2,496 22,702 1,925 4,268 2,646 2,200 22,940 2,030 4, 102 2.179 2,325 22,852 17, 537 22, 251 4, 098 11,673 60, 781 8,150 19,189 7,968 11,359 56, 201 10, 442 15, 864 13,101 13, 360 57, 521 12,090 15,753 12,091 12,555 56,066 11,147 | 12, 444 I 11,683 | 12,939 ! 52,598 120 356 68 120 2, 791 2,434 105 315 83 124 2,734 2,419 113 292 90 116 2,671 2,379 8,513 78,274 i 9,457 76,554 8,314 ! 9,255 ' 6,379 73,002 I 68,318 ! 65,480 1,751 31, 965 Flooring Maple, beech, and birch: OrdersNew Unfilled, end of month Production Shipments Stocks, end of month Oak: Orders— New Unfilled, end of month Production— Shipments Stocks, end of month .._M M M M M ft. ft. ft. ft. ft. b. b. b. b. b. m._ m.. m._ m._ m_. 3,712 I 4,772 : 2,737 i 3,312 4,183 2,973 : 3,447 j 3,397 \ 21,321 | 21,130 2,783 3,775 3,134 3,144 : 20,189 i 2,760 3,368 3, 778 i 4, 851 2.812 | 2,797 2,703 ! 2,481 20,042 ! 20, 216 2,342 1,742 5,083 I 4,911 3.027 ' 2,272 1,928 ; 1,759 21,438 ! 21,511 i ; i ! i 2, 557 4,317 2,598 2,281 22, 898 I M M M M M ft. b. m_. ft. b. m_. ft. b. m__ ft. b. m__ ft. b. m _ _ 26,390 21,204 24. 120 25,691 64, 798 ! ! j ! I 18,631 18, 194 21.736 21,464 65,004 16,928 I 15, 973 17,590 ! 15, 589 19, 299 22,425 19,486 18, 203 ! 65,696 i 67.103 i i i 13,526 14,334 15,744 13.907 68,293 i 16, 676 17, 987 13,457 12.976 67, 748 9,130 9,355 10, 334 10, 353 51,336 Hardwoods Hardwoods, total (Southern and Appalachian districts): OrdersNew ...mill. ft. b. in._ Unfilled, end of month mill. ft. b. m_. _ Production mill. ft. b. m.J Shipments —mill. ft. b. m _ J Stocks, total, end of month...mill. ft. b. m _ . j Unsold stocks mill. ft. b. m._L._ Gum: i Orders, unfilled, end of month-mill, ft. b. m.-j Stocks, total, end of month...mill. ft. b. m._; Unsold stocks mill. ft. b. m _ _ i Oak: i Orders, unfilled, end of month.mill. ft. b. m..i Stocks, total, end of month...mill. ft. b. m _ _ Unsold stocks.. mill. ft. b. m _ _ j Northern hardwoods: Production--M ft. b. m _ _ • 1,688 Shipments M ft. b. m,.! 6,732 Walnut: : Orders— , New___ M ft. b. rn.J Unfilled, end of month M ft. b. m._'-,,"__"_"__. Production M ft. b. m _ _ ! Shipments M ft. b. m _ _ Stocks, end of month.. M ft. b. m._! I 139 402 109 139 3,065 i 2,662 131 375 101 i 143 3,020 i 2,645 I 131 387 105 131 2,960 2, 559 131 374 105 135 2,915 2,542 i 131 370 105 128 2,893 2, 524 105 : 367 i 86 i 109 j 2,854 I 2,487 I I 105 272 ! 101 113 ! 2,648 2,376 j 101 270 98 109 ! 2,622 i 2,351 I 90 242 94 98 2.610 2, 368 62 546 484 102 653 551 92 i 634 i 542 i 98 I 615 518 | 91 | 607 516 j 92 595 504 84 i 560 i 476 i 549 i 542 473 70 532 463 69 528 460 536 ! 468 i 81 864 783 70 ! 853 783 79 i 840 761 85 | 827 742 I 85 813 728 95 ! 805 ' 711 | 87 775 76 748 673 ; 64 710 646 64 ! 705 ! 641 I 67 ! 703 | 636 ' 6,382 1 8,220 i 9,900 i; 8,258 12, 137 12,435 I 11,892 10, 451 4,767 | 6.173 9, 846 5,864 13,445 3,210 14,907 1.574 2,981 624 1,853 14. 543 1, 252 2,821 887 1,472 13,926 1,463 1,861 1,148 2,934 i 2,173 i 2,101 1,405 ! 1,110 1,037 j 1, 786 I 1,720 I 1,121 13,176 ! 12,825 ! 12, 745 53,088 i 18,186 ; 45,308 ; 25,155 38,787 | 36,714 18,020 21,874 2,617 15,378 3, 517 12, 690 2,1 735 57 699 2,421 8,490- 861 1,680 486 837 12, 279 691 721 1,761 i 1,516 528 i 483 662 i 738 12,880 i 12, 600 29,448 i 41,785 20,737 j 21,468 i 151.305 | 135,637 115,046 i 125,789 81,472 | 105,197 85,501 I 113,703 21,362 I 18, 786 13,324 i 26, 437 22,344 I 19,326 | 24,150 | 18,233 j 24, 60S 7,377 112,360 i 114,150 111,017 i 101,168 106,540 i 107,883 I 62,671 ; 71,176 i 104, 750 60, 432 9.63 i 8.61 786 1,974 886 915 12, 606 Softwoods Fir, Douglas: Exports— ; Lumber M ft. b. m _ _ j 19, 221 Timber M ft. b. m._ ! 8, 546 OrdersNew* M f t . b. m _ _ i ' _ _ Unfilled^ end of month Mft. b. m..; Prices, wholesaleNo. 1 common ..dolls, per M ft. b. m._ 9.37 Flooring, 1 x 4 , " B " and better j dolls, per M ft. b. m _ _ i 20. 64 Production* M f t . b. m..' Shipments* ..Mft. b. m _ J Hemlock, northern: Production Mft. b . m _ _ 388 Shipments _ M ft. b. m..' 5, 412 Pine, North Carolina: Production _. Mft. b. m.J (f) Shipments M ft. b. m_.| (t) 181,267 I 188,460 158,915 165,630 I 111,017 ; 125,341 I 11.27 10.64 | 10.97 25.76 i 25.29 149, 067 171,897 173,240 175,030 10,128 I 8.640 I 9,991 7,864 ; 25.48 155, 334 166, 525 4,804 7, 531 24, 640 27,013 i 24,276 30,408 | 32,375 \ 33,320 11.21 29,549 19,007 11.23 11.40 25.63 | 24.35 23.51 22.84 149,962 ! 115,941 102,511 99,378 162,049 | 126,684 113,703 I 118,627 3,928 I 7,811 ! 3,581 6,366 3,028 4,461 25,760 27,370 | 26,670 33,110 j 35,350 1 30, 310 * Data for August, October, and December, 1931, and April, 1932, are for 5 weeks; other months 4 weeks 10.25 | 9.90 22.49 i 21.87 115,941 i 102,511 96,244 I 115,941 3,443 4,682 3,940 j 3,465 j (t) (t) (t) (t) l i 2 Revised. 3,983 4,352 (t) (t) 22.42 102,511 122, 656 21.72 ! 20.50 99,826 I 88, 634 112,360 i 111,464 1,682 j 889 4,579 | 4,931 (t) (t) (t) (t) (t) f Discontinued. 1, 567 6, 587 (t) (t) 45 SURVEY OF CURRENT BUSINESS September, 1932 1933 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey 1933 1931 July July August S ! m T/r ' October |Nov*n- Deecm- January ^I11" | i ; March j April June May LUMBER AND MANUFACTURES—Continued LUMBER— Continued ! ! j Softwoods — Continued Pine, northern: Orders, new M ft. b, m Production.. Mft.b.m..: Shipments M ft. b. m _ j Pine, southern: Exports — Lumber M f t . b. m _ _ : Timber _M ft. b. m_J: Orders — New . M ft. b. rn Unfilled, end of month M ft. b. m_. Price, flooring dolls, per M ft. b. m Production M f t . b. m._ Shipments M ft. b. m Redwood, California: Orders— ; New M ft b m Unfilled M ft. b. m Production . M ft. b. m._J Shipments M ft, b. m_FURNITURE Household: Grand Rapids districtOrders — Canceled per cent of new orders . New . no. days' production Unfilled, end of month no. days' production.-! Outstanding accounts, end of month _no. days' sales. _: Plant operations. _._per cent of full time. _ i Shipments no. days' production Southeastern district — Orders, unfilled, end of ; month _dolls., average per firm .; Shipments dolls., average per firm.J Prices, wholesale—j Beds ._ -.1926=100..! D ining-room chairs, set of 6 1926 =» 100- .j i Kitchen cabinets 1926=100 Living-room davenports 1926=100 i Steel furniture. (See Iron and Steel Section.) 9, 850 12, 459 10, 791 5 046 2,234 5,826 10, 119 9,931 10, 420 20. 925 8, 745 21, 956 7,888 90 715 45' 724 18 35 83 239 94 038 146 860 83, 013 27 82 121, 994 151 488 151 484 82, 551 27 78 119 828 155 511 10 791 19' 334 s'()57 9' 470 16 576 19 331 14 717 38, 131 15 386 17 380 16 270 17, 323 23,985 6, 173 64.4 89. 5 91 4 69.8 6 5 13 7 0 15 22 20 32 80.0 14 36 73.0 16 47, 997 55, 063 47, 706 59, 223 85.2 92. 1 102 9 88 6 82.9 92.1 102 9 88 2 9 043 3,717 10,857 ; [ 8 957 i 1,396 1 9,657 7 079 0 7,837 7 673 0 5, 572 7 284 0 7,401 7 812 0 8,829 20,895 5,017 18,425 4,056 25, 793 8, 636 16,457 3,931 20, 039 3,668 138 204 134 757 74,235 58,464 27 21 26 49 116 511 117 241 14° 170 • 142 254 111 307 62,013 26 31 110 803 108 668 72 751 50, 925 26 31 77 749 73 059 105 553 60! 837 25 16 79 979 119 329 73, 773 22 74 88 727 117 478 18,938 i1 5,663 16 007 i 18 636 '< 17* 585 ! 20* 485 j 14 760 15* 931 i 15,734 ! 17 055 i 80! 16 ' 16 2l' 14* 15 383 229 436 333 85 14 65 15 11 17 14 15 (K) 001 079 138 684 025 17 21 13 13 80 11 133 932 616 077 50 16 17 23 12 14 555 987 202 984 14 0 11 7 477 '• 6.543 ' t} 2St> 0 ! 2. 267 ; ti, KX9 8,264 ! 8,588 : 7,%'.) , 20,105 ! 22,905 4,320 i 9,836 11,788 110 397 10° SO0 95 1H7 76,668 j 62,475 61,740 43,572 21 22 ' 20 91 ' 19 H) 104 114 : 106 2^4 100 303 122' 706 116 963 10- 5°S 19 52 90 0X4 09 619 126 728 18 999 j 17 053 24*374 ' 9 4*043 14*523 ' I9' °92 17*545 i 16 545 i i 90^ 9 17 0 i 7 '• 10 ! 1.2 17 13 35 72 0 12 31 56 15 1 32 88 0 11 33 73 0 13 29 59. 0 11 42 180 ' 22 100 66, 042 j 64, 122 16 268 35, 388 14 469 23, 519 24 278 33, 632 18 469 46, 304 15427 37,944 73. 1 91. 0 1009 1 8 0 73.1 91.0 100 1 74 2 70.3 91.0 95 3 74 2 68.8 91.0 95 3 74. 2 14 8S7 !'•> 300 ' 153 10 7»J" 10 :'/>*; 18*456 I 1 329 14,857 9-> • i 13 73. 1 91. 0 100 1 82 0 428 4, 406 21,634 8,921 11 80. 4 j 92. 1 ! 100 1 '• 84 2 • 10 27, 2sS 4.772 38 83 0 17 15 39 i 72 0 19 ' ! : 7 26 ^ 540 i 7 i IS 0 i t) 7 7 21 i 42. u 6 11,388 10,213 30,959; 25,814 88.8 91.0 95 3 74 2 i 1 68.8 ! 91.0 ; 95 3 : 69 8 ! i i S. 0 (5 19 58. 0 S 8.820 20,106 <58.0 89.5 95 3 69. S OS. 6 89.5 95. 3 69. 8 METALS AND MANUFACTURES i IRON AND STEEL Foreign trade, iron and steel: Exports long tons i 52, 558 Imports long tons.. j 9, 055 Price, iron and steel, 29. 48 composite --dolls, per long ton-Sales, iron, steel, and heavy hardware 1921 = 100 ! ! i ; 84, 465 28, 255 73, 338 21, 898 31. 05 31. 05 31. 03 30.81 117 110 112 109 1,652 92 1,470 99 1,451 1 70 | 1,311 ; 94 ' 3, 191 i 3, 229 1,735 1,658 4,956 ! 5,065 ! 31,817 | 35,071 26,451 1 29,38,5 5,366 | 5,686 2,873 1, 440 4,179 2, 029 ' 1, 162 ; 3, 094 i 457 277 421 69, 778 59,335 24, 509 | 23, 335 59,556 i 57,263 23, 104 18, 125 30.61 i 91 40,660 40,492 25,346 | 20,302 49,927 35,434 58,118 29,414 80 477 33, 474 ,72, 081 27, 249 30.32 29.98 29.56 29.62 29.75 ). 02 29. 54 SI 68 70 78 88 83 79 1,040 90 l) IS SO 731 SO 39 79 111 110 105 -34 32, 159 26, 784 5, 375 Ore Iron ore: Consumption by furnaces thous. of long tons.. Imports thous of long ton5' Receipts: Lake Erie ports and furnaces ._ thous. of long tons-. Other ports thous. of long tons Shipments from mines -.thous. of long tonsStocks, total, end of month thous. of long tons At furnaces thous. of long tons.. Lake Erie docks thous. of long tons . Manganese ore imports (manganese content)* thous of long tons 645 17 470 78 640 32, 059 26, 761 5, 298 3 1,832 128 i 38 j 22 37, 972 31, 998 5,974 • 1, 154 \ 1, 174 S9 ' 77 0 0 0 0 0 0 36,893 39,767 j 39,232 38,010 33. 687 - 33. 184 32, 136 ! 31,083 5,810 8;080 ! 6^048 : 5,874 35,742 29,975 5,767 34,491 33,479 32 700 28, 774 5, 717 27, 962 5, 517 27 167 5 533 3 2 14 •> oi) . 27 21 1 79 82 70 99 ; 1,230 30 0 1 0 0 i ; 1 256 46 0 ! 0 0 0 i 26 44 9 ; 3 86 i 55 ! 58 66 ! 69 60 80 87 96 118 243 48 ! 77 1 87 225 j 40 69 :' 72 215 56 i 70 ! 103 ! 248 55 71 82 240 59 69 77 258 64 i 67 76 266 18,558 20,444 20.4 17,802 22,036 i 19,709 18,046 19,597 17 ! 4 Iron, Crude and Semimanufactures Castings, gray-iron: Orders— \Tew av. tons per foundry _ Unfilled, end of month av, tons per foundry Production av. tons per foundry.. Receipts (materials)— a v. tons per foundry.. Stocks (materials) av. tons per foundry.. Castings, malleable: Orders new . short tonsProduction -.short tons.. Per cent of capacity Shipments short tons._ Pig iron: Furnaces in blast, end of month — Capacity long tons per day Number _ 1 Imports from Cuba, not included. i 54 44 59 72 242 8,881 9, 703 10.7 11,554 92 : 70 101 ; 123 226 : 231 68 111 137 260 19.667 18,705 20.223 18,821 20.0 i 18.9 23,985 20,904 17, 854 18, 485 18.6 18, 727 117 i 18,971 i 19,811 17,984 21,503 18.3 21.5 18,336 j 20,206 22, 216 23. 5 21, 578 23. 1 21,572 i 21,325 20.5 l 21,337 4>) 77 85 252 ( 17,630 ! 17 "297 i 16,758 17 430 18.0 18. 7 i 50 48 65 90 258 13, 512 15, 143 16. 3 18,328 IS 953 16,503 27, 730 CO 22 965 5.3 18,955 i 17, 525 46 45,230 82 39,085 78 38, 600 73 36, 530 35, 810 ! 29, 365 70 ! 67 ! 56 30,530 ^ 61 32,880 64 29, 135 60 46 SURVEY OF CURRENT BUSINESS 46 1931 1932 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey July September, 1932 July 1933 August SeptemOctober November ber D ff e ™- January February e March j April i May June METALS AND MANUFACTURES—Continued j IRON AND STEEL— Continued Iron, Crude and Semimanufactures— Continued Pig iron — Continued: Prices, wholesaleBasic (valley furnace) -dolls, per long ton.. Composite pig iron dolls, per long ton.. Foundry, No. 2, northern (Pitts.) dolls, per long ton-Production _ . thous. of long tons._ 13.50 14, 81 15.50 16.38 15.50 16.38 15.50 16.32 15. 25 16.23 15.00 16.02 15. 00 15,86 15.00 15. 55 14,63 15.36 14.50 15.26 14. 50 15.20 14. 20 15. 05 14.00 14. 93 16. 39 572 18.76 1,463 18. 76 1, 281 18.76 1,169 18.3ft 1,173 17.76 1,103 17.46 980 17.36 973 17.02 964 16.89 967 16. 89 853 16. 59 784 16. 39 628 201, 956 155, 723 159, 568 208, 072 195, 946 158,495 105, 181 75, 683 77, 122 57, 713 55, 970 783, 264 41, 824 64, 691 57, 571 760, 398 23, 904 61, 706 62, 025 707, 537 57. 723 12 no 213,852 1,088,609 1,105,878 247,732 : 146, 023 131, 871 54, 274 44, 848 770, 108 i n > S20 257, 941 288, 422 978, 351 Iron, Manufactured Products Cast-iron boilers: Boilers, gas-fired — Production. thous. of B. t. u._ Shipments, quantity .thous. of B. t. u__ Shiprnents, value dollars Stocks, end of month thous of B t 11 Boiler^, range— Order^— New no of boilers Uniillcd, end of month, total no of boilers Delivery, 30 days orless^.no. of boilers. . Delivery, more than 30 days no of boilers Prn<Iucii< p no. of boilersShipments „ . no. of boilers.. Sro'-ks, end of month... no. of boilers. . BoiliT-% round— Or lers, new thous. of Ibs 842,371 147, 698 740, 613 55, 602 83, 230 83, 494 705, 124 46, 680 37,427 270, 880 26, 066 40, 816 36, 059 40, 250 40, 148 7,520 ! 6.309 i 6. 992 6, 092 8,790 7, 240 7, 466 5,760 6,327 4,789 f , 437 4,787 1,211 900 32. 662 26, 743 33. 464 1, 550 32, 975 39, 018 27,421 1,706 36, 883 37, 383 26, 921 1.448 40, 738 41, 479 26, ISO I,f50 38, jrA 4, 1 94 3, 159 5. 094 35, 411 4/317 3. 035 36, 036 4, 466 2. 867 36,b46 (t) 3. 931 2. 891 38, 026 10, 908 7, 964 12, J93 (t) 14.246 8 4>75 (t) 15, 179 7, 300 115,244 15,' 783 8, 037 122, 630 12 , i 90 26. 337 39, 066 35, 674 42, 109 5, 304 3, 260 8, 077 5, 922 10.115 8, 054 10, 470 8, 470 2, 044 31, 90H 30, 257 26, 746 2, 155 46. 036 28, 151 2, 061 32. 003 33, 636 26, 518 41, 754 23, 975 25,617 26, 605 5, 520 3 977 6. 071 57, 274 7, 204 4 06° 7, 309 53, 558 9,148 4, 67S 10, 262 48, 095 11, 731 6, 502 13, 923 41, 257 8, 406 19, 967 15, 264 22, 547 14, 231 27, 999 19, 751 31, 479 113, 226 106,617 101,777 (t) 44,611 Shipment' thous. of Ibs Stocks, end of month thous oflbs Boiler,, square— Orders, new thous. of ibs._ (f) 14, 765 Profiucti>>n.. thous. of Ibs J- .. ...- 13. 028 Smpmenrs thnu^ o f l b s < 15.184 130 dc.o Stoi'k> v'Lhi o^ month thous of lb~Boiler rittincs. cast iron: 4. 059 Production . short tons_. 2, 029 4, 779 Shipments short tons... Boikr f j t r ius. malleable: Pro- luc f iuii short tons 1, 274 2,114 1, 502 Sbipmtnf? .short tons.. 2, 330 Radiators; Orders, ne\v.. thous. of sq. ft. heating surface.. 6, 606 Production thous of sq ft heating surface 4, 194 Shipments . . .thous. of sq. ft. heating surface 6, S34 btocks, t-nd )f | nii'i'ntl tHous o^ sq ft heatin*71 surface 47 4 1 4 ct) 2-000 39,211 19,413 7,023 ! 5,423 ' 1. 600 51, 769 37,918 36,930 s! 497 36, 572 19,029 11, 741 19, 137 ; 1 ~\ 1 53 ! l(t) °, J.M ' 9U3 > JU >\ 519 ,' 7 24,' C90 (t) 0 t T> "• i (t) il ,ri5 124, 657 3, 650 4, 442 4, 592 5, 475 7, 63-b 5, 381 4, 778 3, 621 3, 564 2, 861 3. 852 2, 206 3, 195 2, 052 2, 552 ', f7S 2, Qi'J 1. 959 2, 041 2, 466 2, 964 2, 973 3,610 2, 412 2, 026 1. 620 1, 609 1, 602 1.627 1,464 1,518 1, 133 1, 344 1,243 2, 2< 2 8, 365 4, 572 7, 960 8. 508 5, 090 9, 262 10, 342 7, 292 11, 282 8, 302 5, 560 8, 465 4,413 5, 627 (t) 4. 867 3, 257 (t) 6, 185 2,683 (t) 5, 027 2,412 2, 3f)7 44 ^"-' 40, 549 36, 793 34, 3S8 32, 225 33, 681 36, 153 38, 856 169,515 160, 503 193 N ; JO 61, 304 101,403 87, 335 841,235 77, 100 74, 823 841, 230 (T 'T' ' "1 12,9^4 137, 143 3,489 'o, ~,n f>>M09 uc 1 -17 t 1 - t 17 Sanitary Ware Bathroom accessories: Production no. of pieces 159, 2 l'i Shipmentno of pieces 17-1 '., } Stocks, end of inorth no of pieces Enameled sanitary ware:* Baths— Orders— New no. of pieces.. 16. 704 Unfilled, end of month no. of pieces Shipment 55 no of pi^ce 45 ._! 138,759 Stocks, end of month -- no. of nieces LavatoriesOrders— New no of pieces Unfilled end of month no of pieces 17,949 Shipments no. of pieces.. 53. 585 Stocks, end of month no. of pieces 192, 552 Sinks, kitchen —• Orders — New number of pieces . 52, 241 Unfilled, end of month number of pieces 16. 196 Shipments _ number of pieces 53, 8f>3 Stocks, end of month number of pieces.. 245, 354 M iscella ueous— OrdersNew number of pieces.. 27, 106 Unfilled, end of month number of pieces 1 1, 535 Shipments number of pieces.. 29, 0">2 94, Ir'CO Stocks, end of month number of pieces. . Enameled sheet metal ware, shipments dozen pieces. _ 246, 858 Price, wholesale, plumbing fixtures (6 pieces)... . ._ dollars . 98.91 (f) Porcelain enameled flatware: Orders, new, total dollars.. 349, 466 649, 894 Signs dollars-- 148, 089 245, 943 Table tops dollars. . 52, Oil 168, 362 Shipments, total dollars. . 406, 066 690, 801 Signs dollars-- 193, 279 278, 732 Table tops, dollars. . 54, 218 ! 163,979 170, 356 154 r.93 166 18" 835 127 35, 463 13, 722 33, 578 139', 496 34. 9hO 134, 392 12,320 35, 703 12. 001 36, 022 131,858 128,131 J08 155 800 556 24, 445 JO, 973 25, 473 126, 718 72 399 68 933 825,059 820,939 13,686 51, 922 09, 452 824, L-3U .... 15,793 .129, 726 i 43 521 16. 2;ig 45. 2G2 190, 220 41 489 14 °-2^ 43, 372 176 825 30 °'f>>9 12 fi'75 43 238 12 600 44, 963 169, 509 161,911 44, 2S7 12, 761 46, 437 224, 726 34. 997 13 595 34. 163 212, 783 26, 854 '• ! 17 0-^3 10 161 i 30, b44 "162* 033 ! 43, 174 14, 463 44, 907 236, 005 43. 51S 14,911 43, 070 226, 440 19,786 10 2*0 23. 095 -- I --! 11,145 17, 418 10, 345 86,640 26, 175 86, 401 S3, 492 8, 959 9, 034 10, 770 82, 487 251, 544 307, 068 255, 782 197, 080 233, 267 97.77 96.32 96.12 94.15 93. 52 88.32 564, 093 701, 487 213, 856 175, 642 704, 428 222, 332 180, 650 706. 284 206, 012 205, 756 451, 740 224, 287 83, 056 512, 019 268, 259 88, 218 537, 926 234, 015 97, 390 381, 607 141,231 94, 926 27, 324 10, 7NJ 2\ 073 b6, 455 i 170,313 128, 350 638,431 229, 459 131, 675 21,911 10, 466 22, 231 692,415 182, 077 201, 935 * Not available since December, 1931; expected to be resumed. 17,718 465, 159, 110, 492, 168. 123, 431 107 963 242 489 793 -. , 198, 878 1 270,198 88.42 276, 725 84.37 ! 453,141 567, 804 207,824 261,356 1 72,821 94, 843 | 461.070 578, 134 187'. 287 279, 656 I 76, 662 93, 174 t Discontinued. 195, 540 193, 434 (t) (t) 532, 439 236, 565 78, 238 546, 255 230, 164 84, 497 519. 270 216, 977 90, 377 528, 084 222, S03 91, 527 178, 296 (t) 451,430 202, 098 87, 486 474, 987 206, 686 96, 276 SURVEY OF CURRENT BUSINESS September, 1932 1932 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey July 47 1931 July 1932 October jN-£m- DecemJ anuary August September ber i February March April May June METALS AND MANUFACTURES—Continued IKON AND STEEL— Continued Sanitary Ware— Continued Porcelain plumbing fixtures: OrdersNew, net number of pieces.. Unfilled end of rnonth__number of pieces— Shiprnents number of pieces Stocks, end of month number of pieces.. Vitreous china plumbing fixtures: OrdersNew net number of pieces.. Unfilled, end of month. .number of pieces.. Shipments number of piecesStocks, end of month number of pieces.. Woodwork, plumbers': OrdersNew, net number of pieces-Unfilled, end of month-.number of pieces.. Shipments number of pieces. _ Stocks, end of month number of pieces. . 2,079 3, 240 1, 878 15, 036 5, 796 10, 476 5,577 24, 641 4,571 7, 697 5,761 25, 236 4,740 7,104 4, 533 23, 450 3,142 5,887 3,683 21, 957 121, 324 188, 623 135, 292 554, 939 122,977 172, 595 139, 005 533, 305 116,794 161,435 127,954 529, 531 182, 938 188, 969 155, 404 506, 901 135, 199, 125, 501, 77, 247 SO, 112 78, 423 140, 272 101, 784 108, 080 108,525 211,622 106, 928 96, 650 118,358 203, 213 110, 372 100. 556 106, 466 199, 308 14, 413 12, 600 11, 576 0, 289 1/JG8 32, 869 13,621 23 31, 751 8,412 22 27, 458 6,848 19 30, 186 S, 657 21 23, 073 6, 023 16 26, 948 7, 265 19 1~ 1, 8S8 34 1, 717 31 .0217 . 0220 . 0219 2,025 4,832 2,094 17, 992 2,000 3, 796 2,951 16, 715 1,424 3,548 1,631 16, 328 2,072 2,571 1,748 16, 117 1,244 3,379 1,275 16, 300 1,465 3, 289 1, 519 16, 302 1, 960 3,141 1, 789 15, 324 931 009 891 972 96, 004 192, 863 102, 150 522,721 76,119 156, 753 112,229 524, 131 70, 918 136, 593 91, 078 536, 245 89, 048 140, 020 85, 619 570, 727 116,036 141,423 114. 633 560, 152 103, 406 128, 994 115,833 539, 692 100, 969 118,837 111,126 523, 324 100, 275 89, 409 111,422 191, 933 100. 194 88, 895 100, 708 190, 034 99, 791 88, 150 100, 536 201, 837 84, 514 79, 233 93, 431 167, 562 78, 293 79i 027 78, 499 166, 779 80, 726 74, 732 84, 776 161, 985 80, 226 75, 548 85, 643 158, 860 92, 254 2112, 636 69, 355 2 81 , 288 98, 447 2 100, 703 149, 500 2 145, 224 13, 034 12, 1S2 13, 808 15, 457 12,810 9,901 11,818 22, 854 6,961 16 24.113 7, 366 17 20. 001 7, 169 14 23, 139 7, 001 16 20, 799 6, 936 14 22. 064 6, 166 15 17, 344 4,279 12 18, 456 4. 666 13 17,015 3, 400 12 18, 759 4. 265 13 16, 588 4,005 11 20, 464 4,370 14 12, 802 2,889 1, 545 23 L 590 28 1. 592 30 1, 301 24 1,459 26 1, 458 27 1, 409 24 1,238 . 0220 . 02.18 . 0218 . 0216 .0211 .0211 .0217 . 0217 . 021 7 . 0217 2,918 6,072 2,544 19, 597 Steel: Crude and Semimanufactured Bars steel cold finished, shipments short tonsCastings, steel: Orders new total short tons Railroad specialties ...short tons.. Per cent of ^apacity Production total short tons. Rpilroad specialties short tons Per cent of capacity .. Ingots, steel: Production thous. of long tons Pe*~ cert of capacity P r i ces , w h ol es al e : Composite, finished steel dolls, per lb._ Steel billets, Bessemer (Pittsburgh) dolls, per long ton... Structural steel beams (Pittsburgh) dolls, per Ib . _ _ Steel scrap, Chicago—dolls, per gross ton-U. S. Steel Corporation: Earnings, net thous. of dolls.. Orders unfilled end of mo -thous. of long tons— 11.410 0 609 20. W m fin 4. xs unr, g 17, 474 3, 895 12 22 14,406 13, 144 11,342 2, 843 S 14.463 3,010 10 12, 765 1,971 1,106 20 12,839 9 l 'io 29. 00 29. 00 29. 00 29. 00 29, 00 28. 80 27. 75 27.00 27. 00 27.00 27. 00 20.50 .0165 8. 75 .0160 8.38 . 0160 8.20 . 0160 8.00 . 0160 8. 00 . 0160 7.80 .0151 7.50 .0153 7. 16 . 0156 7.13 .0160 7. 00 .0160 (i. 40 . 0160 5. 69 3, 662 2,960 2, 559 I, 690 1,249 1. 032 3, 405 3. 169 3, 145 3, 119 2, 934 2, 735 2,648 2. 546 2,472 1,030 449, 590 31.6 455. 502 38, 692 914 451, 562 31. 7 452, 960 37, 294 638 489, 555 35. 3 492, 145 34, 704 549 453. 547 32. 7 444. 201 44, 050 620 382, 483 27.9 385. 435 35, 179 925 359, 685 26.2 352, 135 42, 729 1,176 36 7 ' 4 72 3697882 40, 319 1, 139 452, 294 31.3 453, 621 38, 992 560 797 659 864 435 644 401 471 3S3 399 267 282 245 204 373 264 236 239 2 245 •309 328 1,010 919 1, 057 1, 059 790 1, 188 1, 114 '826 1, 078 910 780 956 911 615 1, 075 967 605 977 751 548 808 794 562 781 689 497 754 634 478 653 655 462 672 307 390 358 304 310 304 378 310 267 419 226 295 273 299 267 272 269 212 255 229 265 260 259 192 261 191 152 217 1U6 .187 226 177 221 314 221 84 189 301 202 83 184 2264 222 85 187 238 212 80 183 189 210 81 167 225 131 121 220 279 165 115 166 209 237 99 157 215 150 92 1 20 220 115 102 2 102 180 2143 78 24, 232 1, 138 33, 473 4, 024 20, 839 1, 955 18, 268 1, 755 16, 442 778 17,613 4,783 17, 755 4,115 12, 564 1,161 14, 074 1,406 11.7S8 2, 360 14, 3132, 808 122, 849 170, 122 123, 752 34.9 151, 529 149, 533 75, 288 120, 688 167, 366 116,842 32. 0 123, 371 143, 153 67, 337 117, 195 159. 367 122, 739 33.1 129, 365 137, 243 70, 465 102, 867 147, 169 102, 758 26.7 94, 975 133, 296 74, 763 99, 706 119, 677 101, 570 26.3 103, 400 126, 540 80, 191 121, 258 126, 508 118. 921 31.2 112, 971 119, 288 73, 540 108, 441 118,022 124, 157 32.5 116,715 124, 342 72, 857 101, 559 102, 171 110, 559 29.0 117, 685 124, 008 68, 677 103,011 99,510 101,559 26.6 104, 637 116,339 71,318 91.414 85, 228 96, 180 25.8 106, 803 121,366 74, 966 85, 191 85, 195 85, 232 22.8 90, 157 121, 946 74, 642 124, 000 31 167, 600 42 3,924 194, 400 49 149, 200 37 3,472 109, 200 27 143, 600 36 2,162 90, 800 23 111,600 28 1,948 97, 600 24 122, 800 31 2,373 48, 400 12 65, 600 16 2,936 62,000 16 78, 000 20 2,765 64, 400 16 82, 400 64, 800 16 68, 400 17 3,340 90, 800 23 73, 600 18 3,061 86, 800 22 83, 200 21 1,975 5 1, 137 5 3, 363 2, 177 2, 035 Steel: Manufactured Products Barrels, steel: Orders un'lJle^ end of month 939 _ thous. of barrels _ 730 Production number of barrels. :':,-> 01 i 580, 565 40. 7 24. fi I P'T cer^ f f c'^p-'city Shipments ~number of barrels.. Moo, 336 581, 450 14, 604 Stocks, end of month number of barrels.. 32, -; 50 Boilers, steel, new orders: 652 351 Vre f! thous. of sq. ft 786 32'* Quantity number of boilers-Furniture, steel: Business groupOrders— 1,092 New thous. of dolls . 966 Unfilled, end of mo thous. of dolls.. 1, 074 ^hipments thous of dolls Shel v insOrders— 328 New thous. of dolls in 441 Unfilled, end of month. _ thous. of dolls.. !S5 371 Shipments thous. of dolls. 155 Safes: Orders239 116 New thous. of dolls.313 Unfilled, end of month thous. of dolls. _ 265 Shipments .. --thous. of dolls.. ~S9 96 Lock washers, shipments thous. of dolls. _ Plate, fabricated steel, new orders, 27, 261 total short tons.. 10, 762 4, 136 Oil storage tanks short tons.. 3,661 Sheets, black, blue, galvanized, arid full finished: Orders — New short tons . 66, 301 144, 461 Unfilled end of month . short tons. . 77, 432 203, 358 Production, total short tons__ 60, 956 174, 890 46.3 16.3 Per cent of capacity Shipments short tons— 73, 191 178, 460 Stocks, end of month, total short tons.. 114,518 160, 959 77, 953 Unsold stocks ._ short tons— 68, 450 Galvanized sheet metal ware. (See Nonferrotis metals.) Structural steel, fabricated: 69, 200 159, 600 Orders new short tons 40 17 Per cent of capacity Shipments short tons _ 83, 600 180, 800 21 45 Per cent of capacity 1, 890 4,409 Track work, production short tons— 2Eev Ised. 5 I)eflcit for quarter. 3,229 1,029 2 791 447', 379 2 434.092 2 651, Dlfi 31.3 246.6 30. 0 452, 191 2432,455 2 654, 561 34, 180 35,817 2 33, 172 SURVEY OF CURRENT BUSINESS 48 - 1933 1931 Earlier data, together with explanatory \ 1 ^ footnotes, may be found in the 1932 \ Annual Supplement to the Survey { July j Decem- January FebruOctober NoveinI August : September ber ! ber ary July March I April May June METALS AND MANUFACTURES—Continued MACHINERY AND APPARATUS Air-conditioning equipment: Orders, new, total .thous. of dolls. _ i Air-washer group thous. of dolls. _| Fan group thous. of dolls.. Unit-heater group thous. of dolls. J Electric overhead cranes: Orders— i New thous. of dolls.. Unfilled", end of month thous. of dolls. J Shipments thous. of dolls .! Electrical equipment. (See Nonferrous met- \ als.) Electric hoists: i Orders, new — Quantity no. of hoists.. Value dollars Shipmerts dollars Exports, machinery. (See Foreign Trade.) Foundry equipment: Orders— 1 New 1922-1924 = 100..! Unfilled, end of month 1922-1924= 100. . Shipments 1922-1924 = 100 ..'• Fuel equipment: Oil burners — OrdersNew... no. of burners. _i Unfilled, end of month... no. of burners. . Shipments no. of burners,. Stocks, end of month no. of burners.. Pulverized fuel equipment — Orders, new, central systemFurnaces and kilns... no. of pulverizers..1 Water-tube boilers.... no. of pulverizers. . Orders, new, unit system — Fire-tube boilers no. of pulverizers. . Furnaces and kilns. ..no. of pulverizers..' Water-tube boilers. ...no. of pulverizers. ..• Stokers, large, mechanical, new orders — Number Power .norsepower.. Machine tools: OrdersNew 1922-1924=100.. Unfilled, end of month 1922-1924=- 100.. Shipments ..1922-1924= 100— Pumps: Domestic, water, shipments— ; Pitcher, hand, and windmilL.no. of units.-; Power horizontal type no. of units. . Measuring and dispensing, shipmentsGasoline — Hand operated no. of units.. Power ...no. of units... Oil, grease, and other — Hand operated - ..no. of units.. Power no. of units. . Steam, power, and centrifugalOrders — New thous. of dolls. _ Unfilled, end of month ..thous. of dolls.. Shipments ... ...tbous. of dolls.. Water-softening apparatus, shipments .... number of units.. Water systems, shipments... number of units.. Woodworking machinery: Orders — Canceled thous. of dolls.. New thous. of dolls.. Unfilled", end" of month thous. of dolls.. ShipmentsQuantity - number of machines.. Value ..thous of dolls. _ NONFERROUS METALS AND PRODUCTS Metals Aluminum: Imports bauxite short tons Wholesale prices — No. 1, virgin, 98-99, N. Y dolls, per l b _ . Scrap, cast, N. Y__ ..dolls, per lb_. Babbitt metal: Production, total thous. of lbs_. For own use tbous. of Ibs . Sales thous. of Ibs.. Copper: Exports, refined short tons.. Imports, total short tons.. Ore and blister short tons.. Price, electrolytic, New York.. dolls, perlb.. Production— " Blister, world short tons.. Mines, United States short tons.. Refined (North and South America) . T short tons... Smelter, United States. ..short tons.. Shipments, domestic, refined short tons.. Stocks,- end of month (North and South America) — Blister short tons Refined short tons.. 1,796 104 889 803 1,449 87 621 740 1,516 81 ! 620 814 ; 160 990 435 91 736 345 84 i 581 : 235 | 192 90, 964 142, 143 203 85, 526 73, 163 38. 7 51.8 55.7 16.9 32. 1 37.4 8, 010 1,490 7,491 10,113 10, 621 2,076 10, 035 10, 155 i) ; 5 0 0 1 0 0 ! 0 0 1 0 0 5 i 11 4 1 4 4 ! 2 3 | 1 101 20, 735 128 29, 971 96 83 22, 462 | 20, 339 62 202 72 72 182 96 33 r 227 2,331 228,354 2,224 2, 573 5, G19 4, 428 7,644 3,378 6, 252 21, 965 366 44, 015 1, 504 27, 217 1, 501 391 1,450 493 874 2, 441 944 775 2, 449 800 525 7, 908 162 ' 289 '48 332 198 49 17.371 7 I ~: fix ) 25. 8 16. 5 i 4, 688 568 4, 593 9, 850 58 18, 078 76 i 27 18,714 388 ; 2 1,387 85 642 660 1, 108 75 514 519 73 497 157 44 435 102 70 372 138 132 : 63,032 81,465 , 165 71,451 62,493 104 48,243 65,714 31.9 ! 35.6 i 29.6 , 45.9 56.8 26.2 17.2 40.8 32.9 26.3 36. 5 24. 9 20.5 29. 1 28. 8 32.9 41.3 15.7 27.9 32.1 ! 38.3 I 5,852 616 6,413 8,860 3, 566 378 3,804 9, 190 3, 570 305 3,643 9, 574 3,432 369 3,368 9,724 4,055 ! 468 i 3, 956 9,399 ! 4, 250 512 4.206 9,334 4,809 : 544 > 4.867 10,067 0 0 0 0 0 0 0 0 o0 ii 0 0 0 0 : 0 5 o 1 2 2 0 2 7 0 0 12 4 0 2 : ! 4 0 3 62 13, 231 48 11,072 54 25,372 32 9,447 39 ! 17,576 ! 45 97 85 51 97 50 68 104 57 59 108 47 38 97 44 224,428 j 2 22, 165 1,084 ' 1,057 2-17,250 864 -'19,185 376 12,329 1,869 12,536 9,748 1,576 98 ' 630 I 848 | i 13,542 i 1,177 ! 14,234 ; j 8,326 '; i; 56 i 140 ! 92 i 2,810 i 4,939 o 3,366 5,627 2,280 4,311 753 30 361 j 363 703 69 388 246 688 67 383 239 65 383 40 j 56 396 57 52 411 37 140 ; 82 ; 59,907 ; 32,921 ' 48,045 j 36,332 143 53, 188 58,011 ; 2,203 ; 3,893 2 22,322 343 2 ! ! i i 709 '• 92 386 I 230 ' 795 111 414 270 31 ; 397 , 46 : 47 396 48 168 ; 137 i 76, 179 47,751 ! 69,073 | 50, 557 ; 96 32. 379 41,798 33 64 52 13.8 24.4 I 21.4 18.5 19. 7 24.5 4 39 7,614 2 2 39 '; 8, 462 ! 41 63 51 39 65 32 16, 705 446 17, 166 , : 25, 607 534 19, 532 527 ; 2,101 4,272 1,875 5,174 2,643 ! 5,306 ! 2,674 6,228 2,939 6,691 17, 849 1, 151 18, 706 411 28, 230 649 39,479 675 531 ! 24,051 619 599 • 2, 161 [ 886 i 563 i 2, 023 696 475 1, 852 627 561 ' 1, 680 700 449 1, 726 390 508 1, S02 426 598 ^ 1,878 . 520 ; 449 1,726 592 4S8 1,693 516 429 J8.097 500 6.909 ! 518 8,267 458 5,237 370 4, 009 268 5, 245 321 4,224 363 3,934 329 5,984 2S6 6, 209 16 533 534 6 447 356 7 345 i 336 1 8 377 340 3 312 405 8 310 325 6 209 275 5 220 249 5 ' 246 302 , 13 150 2,37 4 165 24s 113 114 421 448 513 572 331 379 | 371 347 200 257 271 361 196 248 179 250 147 ' 195 130 199 120 15, S44 29, 873 37, 620 i 19,602 i 23,906 17,485 23, 340 36, 838 26, 126 19, 054 18, 740 19, 235 . 2290 . 0300 .2290 .0424 .2290 I .0400 .2290 .0400 ; .2290 .0393 .2290 .0388 . 2290 . 0388 . 2290 . 0398 .2290 .0413 .2290 .0413 . 2290 .0411 .2290 . 0362 1, 276 405 871 1,905 511 1,393 1, 751 404 1,347 1,823 ! 497 ! 1. 326 ! 2,018 552 1, 466 1,846 607 1, 239 1, 624 577 1,048 1, 744 463 1,281 1,577 434 1,143 1,595 407 1, 189 1,419 359 1, 060 1,346 398 948 7. 576 4. 936 4. 936 . 0505 22, 381 20, 739 17,374 .0770 19, 271 17,201 | 11,429 19, 447 i 25,279 i 28,630 • 14, 204 ! 18,077 1 17,668 .0699 ! .0678 . 0729 15,215 13,599 28,467 : 40, 186 11,974 ! 21, 348 .0656 • .0658 16,831 39, 078 15, 132 .0706 17, 572 27, 814 12, 020 .0597 15,432 22, 521 11,632 .0576 16, 142 17,910 8,800 .0557 18,112 IS, 242 7.110 . 0524 ; ft) 40,458 ' 1 (f) (t) 40,904 I 42,841 (t) (t) (t) (t) U) (t) (t) (t) (t) (tj (t) (t) (f) (t) (t) (t) ft) (t) (t) (t) (t) (t) (t) (t) (t) (t) (t) (t) (t) (t) (t) 154 ' 5, 383 2 22,579 ! 27,639 1,562 ; 1,664 j (t) (t) (t) (t) 179, 658 (t) 440, 417 (t) ^Revisec1. 22, 135 508 152 : 121,504 : 121,655 i 120,689 ' 38, 228 , 38,925 i 38,276 96, 408 ! 90, 190 1 46, 503 ! 47,246 43, 144 | 45, 816 i 19, 770 106 86,704 ! 90,477 i 80,792 ! 86, 188 ' 47,012 49,890 ! 45,590 ! 49,684 40, 459 51, 348 i 37, 436 i 36,972 176, 105 i 178,425 ! (f) 1 (t) I (t) ! (t) (t) 455, 775 t 479,896 ! 497,995 , 521,094 ! 544,278 (t) (t) t Discontinue d. 2 ! i ; ,"1 L>>. 43 S 49 SURVEY OF CURRENT BUSINESS September, 1932 1933 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey July 1932 1931 July Se | August j m N m g£ - 0 ctober j °b™ - 1 January'I 52? ary " I March April May .Tune METALS AND MANUFACTURES—Continued NONFERROUS METALS AND PRODU CTS— Continued | Metals— Continued i Gold. (See Finance.) Lead: Ore— Receipts in U. S. ore _ short tons Shipments, Joplin district- _ __short tons__ RefinedImports _ short tons.. Price, pig, desilverized, N. Y. dolls, per lb__ Production _ _ _ _. short tons Shipments, reported short tons.. Stocks, end of month . short tons Silver. (See Finance.) Tin: Deliveries. long tons_. Imports, bars, blocks, etc long tons.. Price, Straits, N. Y _ dolls per Ib Stocks, end of monthWorld visible supply long tons United States.. long tons.. Zinc: Ore, Joplin district— Shipments short tons Stocks, end of month _ __ short tons Price, 1slab, prime western (St. Loui ?) dolls, per Ib i Production, total (primary) short tons_. j Retorts in operation, end of mo number- i Shipments, total short tons_. Domestic short tons.. Stocks, refinery, end of month... short tons.. 20, 939 30, 130 2,290 33, 385 3, 064 5. 470 6,522 .0440 32, 157 42, 219 133, 958 1,428 .0440 34, 144 38, 590 134,977 . 2093 5,100 5,587 . 2502 49 125 4, 559 . 0275 15, 819 19, 723 180 255 2, 265 3. 008 . 0254 14,771 18. 295 12, 896 12,890 1 35. 907 33,228 ! 32, 788 2,911 ! 1,524 28,406 1 28,611 1,401 ! 1,278 31,279 5,722 29, 086 2,110 25 807 2,330 24,784 1,452 23 578 1,277 24, 584 1,899 .0440 31,966 38,059 132, 804 ! 6,794 i . 0396 i 36, 546 : 34, 276 139,796 2,135 ! 6,866 .0394 I .0379 31,671 i 33, 576 31,216 30, 297 144, 057 151,380 2,376 . 0375 32, 180 27, 867 160, 257 1,816 .0371 28, 081 26,319 165, 933 3, 035 .0315 30, 345 31, 162 169, 091 5,892 .0300 23, 236 26, 081 169, 370 1.626 . 0300 25, 902 24, 258 173, 929 5,521 . 0299 26, 068 21,511 180, 460 5, 270 5, 249 .2575 5,015 4,882 . 2468 5, 385 5,607 .2276 3, 550 5,301 .2281 3, 380 2,130 . 2135 3,550 2,412 .2184 2, 825 2, 254 . 2203 3, 285 2.497 .2186 3,440 3,100 .1924 3,135 3, 725 . 2095 3, 540 3,234 . 1964 51, 707 5, 838 50, 987 6,213 50, 722 5,868 50, 602 6,773 50, 583 7,458 51,313 6, 254 50, 043 5,342 51,300 4, 578 50, 780 3,841 50,716 3,546 50, 562 3, 981 48, 945 3, 759 12, 059 76, 566 20, 243 79, 533 17,113 81,190 19,446 84, 914 14, 854 85. 610 16, 228 83, 000 12, 071 89, 159 14, 482 87, 917 12 239 86, 998 18, 008 85, 010 13, 469 84, 581 13, 992 74, 069 . 0389 21,365 19, 266 28, 460 28, 440 131,833 .0382 21,467 19,305 23, 599 23, 599 129, 701 . 0374 21, 327 20,417 20, 860 20, 860 130, 168 .0338 21, 548 21,374 21, 181 21,181 130, 535 .0321 20, 443 19, 428 1 9, 963 19, 963 131,015 .0315 21, 868 19, 875 23, 041 23, 041 129, 842 .0301 22,516 22, 044 22, 444 22, 413 129,914 .0282 21,516 21,752 21,896 21,896 129, 534 .0279 22. 493 22,016 22, 576 22, 576 129, 451 .0273 20, 620 20, 796 18, 046 18, 046 132, 025 . 0253 18,642 2 20, 850 18, 087 18, 087 132, 580 .0278 16, 410 18, 742 14,958 2 14,934 134, 032 2,777 4,487 3, 356 2, 005 1,782 1,384 2,258 1,831 1,385 1, 363 1. 865 1,272 1,956 3, 975 1, 231 1,862 1,513 1,277 3,610 1,982 1,111 341 427 2 1, 792 386, 001 444, 588 57 55 j 952 2 Electrical Equipment Conduits, nonmetallic, shipments thous. of ft Delinquent accounts, electrical trade. (See Domestic Trade.) 220 Furnaces, electric, new orders kilowatts.. i Electrical goods, new orders (quarterly) thous of dolls Laminated phenolic products, shipments dollars.. 327;913 Mica, manufactured: Orders, unfilled, end of month thous of dolls Shipments thous. of dolls Motors (direct current) : Billings (shipments) .. . dollars Orders new dollars Panelboards and cabinets, shipments _thous. of dolls_. Porcelain, electrical, shipments: Nail knobs thous. of piecesTubes thous. of pieces-22, 468 Special dollars Standard _. -. dollars.. 15,295 646 Power cables shipments thous. of ft Power switchinu equipment, new orders: Indoor dollars Outdoor . dollars-. Reflectors, industrial, sales -.units.. Vacuum cleaners shipments number Vulcanized fiber: 494 Consumption thous. of lbs_. 208 Shipments thous of dolls Welding sets, new orders: 1 Multiple operator units Single operator units i (t) (t) i 157 618, 820 100 81 360, 444 377, 129 336 2,044 516 66, 906 33,042 890 639,267 570, 46G 430, 425 436, 190 81 79 73 81 69 365, 877 i 365,930 299, 081 413,864 387, 770 311,793 326 2,544 ! 3, 132 971 ! 869 74, 183 ! 82,485 42, 562 38, 303 632, 476 87 I 103 : 367 i 73 413,424 73 363, 097 454,917 408, 410 75 65 60 86 63 61 55 300, 456 251,509 286, 353 207, 778 302, 526 187, 096 219, 293 203, 503 175, 105 169, 601 211 193 195 183 156 188 1,274 475 44, 699 25, 332 1,561 369 54, 941 25, 320 255 37, 840 17, 183 73 94 86 276, 905 248, 265 414, 642 354, 236 231,826 150, 148 333 245 248 3,818 1,000 84, 617 40, 171 1,137 2,263 509 63, 044 29, 447 1,195 424 38, 748 19,483 76 973 743 98, 080 99 351 537 623 966 958 (t) (t) 32, 451 19, 874 698 (t) (t) (t) 34, 805 19, 488 (t) 25, 479 55, 030 592 684 40, 586 188,043 54, 691 47, 142 37, 547 244, 122 59, 103 59, 074 39, 191 323,412 43, 287 67, 643 36,686 197, 708 45, 000 50, 602 28, 777 116, 112 46, 261 40, 044 30,854 85, 660 38, 748 37, 101 28, 626 69, 941 41, 322 51, 120 21, 043 51,156 34, 538 50, 913 17,876 52, 388 32, 327 39, 068 17, 695 52, 695 33, 163 30, 299 1,407 332 1,398 1,057 262 1,003 246 872 270 1,269 1,131 348 ! 261 838 249 753 216 788 206 0 80 i 0 115 0 108 0 89 2 122 0 83 3 88 91 0 68 4 70 5 66 3,502 20, 968 2,694 21, 753 2,752 21, 067 2,728 20, 014 2, 145 19, 390 2,014 19, 245 2,081 18, 403 1,707 17, 760 1,920 18, 186 .130 .130 .133 .130 .125 .125 .123 .120 548 264 564 200 535 209 93 194 222 950 71 213 197 949 48, 707 175, 629 56, 735 37, 952 1,783 1, 345 0 120 806 840 47, 041 360, 325 61, 794 35, 447 344 151,586 304 i 313 i 301 Miscellaneous Products Brass and bronze (ingots and billets): 1,397 Deliveries net tons.. Orders, unfilled, end of month net tons.. I 17,421 Brass sheets, wholesale price, mill .120 dolls. perlb_. 1 Copper, wire cloth: Ordersi Make and hold-over, end of month 501 . . thous. of sq. ft.. 253 New thous. of sq. ft i 126 Unfilled, end of month thous. of sq. ft_. 1 ! 199 Production thous. of sq. ft. . 241 Shipments thous. of sq. ft.. | 892 Stocks, end of month.. thous. of sq. ft.. t Fire extinguishing equipment. (See automobiles.) Galvanized sheet metal ware: Pails and tubsProduction dozens of pieces.. Shipments dozens of pieces.. OtherProduction dozens of pieces Shipments dozens of pieces 3,529 21,510 3,186 21, 202 3,109 20, 073 .157 .154 .152 .130 ! i 546 328 504 326 158 302 324 898 134 330 i 330 i 889 I 1 509 339 135 333 316 911 522 308 583 366 592 274 129 ' 338 : 312 910 1 160 312 254 953 114 357 285 1,031 571 340 595 304 613 267 164 204 289 880 165 366 280 965 117 317 285 998 142 280 285 981 103, 345 114, 134 134, 003 129, 693 110, 253 120, 851 98, 340 88, 270 67, 145 72, Oil 72, 558 63, 163 87, 096 88, 382 110, 474 105, 966 121, 322 124, 356 126, 162 111, 205 89, 892 i 104, 835 89, 607 85, 696 26, 970 27, 334 34, 709 32, 764 32, 276 36, 007 26, 626 27, 792 15, 760 16, 087 11, 758 9,406 13, 612 13, 254 21, 472 19, 354 24, 063 21, 736 19, 345 25, 222 23, 273 1 28, 700 i 25,911 26, 688 t Discontinued. * Revised. SURVEY OF CURRENT BUSINESS 50 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey 1932 1931 1932 July September, 1932 July i August S(3 kerm" October Novem- Decem- January ber | ber Febru- ary March April May June PAPER AND PRINTING WOOD PULP Chemical: Consumption and shipments, total _ short tons_. Soda short tons.. Sulphite, total short tons.. Bleached short tons-. Unbleached— short tons.. Sulphate short tons.. Other grades short tons.. Imports short tons.. Price, wholesale, sulphite, unbleached _dolls. per 100 Ibs.. Production, total short tons—! Soda short tons.J Sulphite, total short tous-J Bleached ...short tons..I Unbleached short tons—| Sulphate short tons—i Other grades short tons--! Stocks, end of month, total short tons..| Soda short tons..) Sulphite, total short tons..} Bleached short tons..i Unbleached short tons—j Sulphate short tons—| Other grades short tons—| Mechanical (groundwopd): Consumption and shipments, short tons.. Imports short tonsProduction short tons.. Stocks, end of month short tons— 168,030 i 23, 502 | 105, 294 ! 35,448 17,544 I 38,156 j 1,078 I 120,070 ! 170,586 163,412 24, 278 21, 558 108, 924 105, 666 37, 818 35, 784 19, 026 16, 698 36, 630 35, 202 754 986 116,981 123,374 170,442 ! 162,556 19,876 ! 18,088 112,224 ' 109, 796 37, 090 34, 116 22, 634 21,170 37,174 33, 828 844 1,168 115,179 170, 986 155,446 22, 086 103,600 33, 632 20, 628 28, 956 804 112, 680 172, 756 23, 322 114,456 37, 384 22,624 34, 024 954 193, 954 175,652 22, 738 117,318 39, 004 25, 025 34, 704 892 171, 944 137,842 16, 446 92, 870 31.394 17,576 28, 030 496 2 71, G92 1.58 178,312 23, 878 116,298 39, 482 24, 376 37,006 1,130 32, 326 3,890 24, 274 5,640 6,048 3,530 632 106, 094 110, 715 18, 750 j 21, 842 96,920 104,788 82, 260 76, 332 111,463 17, 725 102,197 103, 975 100,180 14,433 87,638 91, 434 607,700 70 606, 847 413,011 591, 414 587,543 67 70 596, 623 589, 218 408,345 406,037 113,483 21, 066 120,963 i 83,845 | 110,035 110, SOS 101,409 22, 757 17, 339 19, 127 112,954 113,174 102,095 86, 765 | 89,135 89,822 PAPER Total paper, incl. box board and newsprint: Production short tons..' Per cent of capacity Shipments _ ..short tonsStocks, end of month short tons— Book paper: Orders, new— Coated p. ct. of normal production.. Uncoated p. ct. of normal production-Orders, unfilledCoated ..days' production.. Uncoated days' production.. Production short tons.. Per cent of capacity Shipments short tons— Stocks, end of month— short tons— Box board: Consumption, waste paper short tons— OrdersNew short tons..! Unfilled, end of month short tons.. Production short tons.. Operations, per cent of capacity Shipments short tons.. Stocks, end of month short tons— Stocks of waste paper, end of month— At mills .short tons.. In transit and unshipped purchases short tons.. Newsprint: Canada— Exports short toi <* Production ^hoit tons Shipments from mills short to ">•--.Stocks, at mills, end of month .short f »ns United StatesConsumption by publishers shor f loir _ Imports snoit toi <-__ Price, rolls, contract, destination, X TJ basis dolls per -hort to 4» — Production, total Jaoit ton '— Per cent of capacity . Shipments from mills short tona.. Stocks, end of month—At mills bliort to^— At publishers short ton^_. Iri transit to publishers snoit tors . Writing (fine) paper: Production si ort tons. Per cent of capacity Shipments L <-boitt"i Stocks, end of month s h o i t t >i ^_ W r a p p i n g p a p e r: Production s'lort t »n c! Per cent of capacity Shipments sho r * ton^ . Stocks, end of month . shoit ton>-. All other grades: Production short tons.. Shipments short tons.. Stocks, end of mouth short tons.. 596,459 544,136 517,271 556,951 549,122 67 65 59 64 66 604, 007 543, 221 521, 435 I 574,197 572,065 397,011 i 437,928 433,369 I 424,406 414, 285 163,539 i 182,306 49. 8 i 56. 8 164,630 ! 187,118 85, 001 I 80,189 i 98,818 i 97,358 ! 98, 111 2 Revised. (t) Discontinued. 600, 036 536,930 12505,806 | 66 62 } 59 600,583 560,757 '2518,336 420,574 408,046 J2 420, 517 I 481,817 i 56 I 491,889 j 430,692 SURVEY OF CURRENT BUSINESS September, 1932 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey 1933 51 1931 July July August 1932 Decem- January Febru» October November ary ber S AT arch ' April May June PAPER AND PRINTING—Continued PAPER PRODUCTS Abrasive paper and cloth, shipments: Domestic reams. _ 33, 312 Foreign . _ reams 6, 017 Binders' board, production short tons Paper board shipping boxes: Operating time, total p. ct. of normal. _ 56 59 Corrugated ---P- ct. of normal-Solid fiber p. ct. of normal-48 Production, total thous. sq. f t _ _ 399, 160 Corrugated thous, sq. f t _ _ 336, 530 Solid fiber thous. sq. ft.. 62, G30 Rope paper sacks, shipments .1921-1922=100 51, 948 7,832 2 069 54, 721 7, 119 1 695 53, 373 6, 552 1 560 53, 348 6,942 1,224 38, 272 5,323 1 320 35, 433 6,376 1 301 46, 061 5, 365 1 236 46, 700 5,323 1 298 44, 820 7,648 1 366 41, 643 5,628 1 219 41, 059 6, 057 1, 212 'J7, 079 76 78 68 497, 613 402, 031 95, 582 65 77 80 68 556, 085 449, 285 106, 800 67 79 82 71 552, 650 448,910 103, 740 77 81 66 540, 293 438, 296 101, 997 69 67 70 57 429,315 346, 527 82, 788 64 58 59 54 366, 440 286, 897 79, 543 49 64 67 56 426,371 344, 994 81, 377 73 74 68 459, 436 374, 636 84, 800 75 65 482, 114 390, 279 91, 835 70 72 63 446, 653 360, 998 85, 655 71 73 65 446, 455 300, 998 85, 017 64 05 (50 431, 107 344. 513 80, 054 37, 259 733 641 50, 357 718 568 150 77 45, 455 964 770 194 76 47, 351 882 735 147 83 57, 819 1,227 1 070 157 79 48, 309 827 724 103 83 44, 919 798 656 142 82 51, 660 662 541 121 84 48, 751 757 639 118 86 46, 557 781 675 106 84 39, 001 908 749 159 82 33, 348 589 488 101 77 30, 388 525 450 75 70 8, 395 8,271 10, 321 9 997 10,511 10, 501 10, 275 11,241 10, 663 10 664 9,974 9 548 8,096 9 313 9,261 9 201 8,654 8 456 8,906 9, 783 9,428 8, 734 8. 489 9, 201 8,995 25 602 13, 594 45, 588 23 877 13 375 38,454 20 861 14, 293 i 34,323 35 987 21, 026 41,117 FEINTING Blank forms, new orders thous. of sets.. Book publication, total no. of editions.. New books no. of editions New editions no. of editions.. Operations (productive capacity). 1923=100 . Sales books: Orders, new ..thous. of books.. Shipments _ _ thous. of books 92 8,914 RUBBER AND RUBBER PRODUCTS CRUDE AND SCRAP RUBBER Crude: Consumption, total long tons For tires . _. long tons Imports, total, including latex long tons.. Price, wholesale, smoked sheets, N. Y. dolls per Ib Shipments, world long tons Stocks, world, end of month long tons.. Afloat, total long tons For U. S long tons.. London and Liverpool ,__ .longtons.. British Malaya longtons.. United States long tons.. Reclaimed rubber: Consumption longtons _ Production long tons Stocks, end of month _ long tons Scrap rubber: Consumption by reclaimers long tons Stocks, at reclaimers, end of rno._long tons..' 29 382 20 849 44, 052 26 010 32, 524 028 59, 436 592, 540 68 525 50, 525 106,199 65,805 352,017 4,054 5 14-6 11, 590 25 379 16 175 39, 033 21 747 13, 328 38, 933 20 495 12, 666 41, 398 21 108 11, 572 45, 103 19 696 11 267 53, 818 25 725 16, 451 33, 552 27 611 14, 744 28, 298 054 063 66 051 63 651 549, 127 550, 580 86 833 80 349 66, 873 61, 469 136, 150 136, 988 90, 398 88, 616 235, 746 244, 627 050 64 788 554, 458 78 620 62, 420 134. 304 83, 182 258, 352 050 71, 467 582, 000 86, 227 68, 427 133,520 86, 503 275, 750 046 70 562 606, 197 97 013 77, 443 130, 169 84, 710 296, 305 046 59 466 619, 906 74 080 53, 940 127, 149 96, 677 322, 000 044 67 031 630, 267 75 402 56, 312 125, 332 103, 774 325, 759 039 59, 591 636, 206 87 891 68, 971 126, 036 100, 379 321, 900 94, 401 337, 127 5,843 033 030 031 027 58, 293 55 807 00 929 50 620 632, 983 2630, 992 2 044, 199 i 2 007, 800 76, 390 69 509 2 85 141 '• 2 75 439 53,849 67,271 ! 57,439 58, 920 8 929 10 596 14 176 7,778 9 402 13 732 6,967 8 955 13, 781 6,338 8 818 14, 273 7 340 14, 130 5,313 8 255 15 406 6,583 8 140 14 970 6, 499 8 120 14, 927 5, 788 8,010 15, 781 116, 100 i 2 109, 597 92, 437 ! 2 72, 605 350,515 ! 350,105 I ' 4, 393 4, 795 ; 5, 554 5 277 4 773 : 5 026 15,283 13,411 11 978 32, 878 33, 516 36 959 34, 363 33, 146 30, 118 28 740 31, 988 29, 654 27, 676 29 702 26, 834 26,389 i 20,413 3 941 4i 370f 4. 24 7 93(3 3 125 3,' 908 3,8^5 7 117 2 538 3, 145 3,034 6 527 2 37Q 2,281 2,185 6,640 2,001 2,310 2 115 2,225 2, 171 6 220 2,770 2, 602 2,545 6 329 3,097 2,042 1, 973 7,338 2, 937 2, 303 2. 281 1? 10 10 13 11 9 10 10 9 10 10 10 u 51 40 43 1" 39 9 37 2. 759 3,320 3,247 G, 470 2, 462 2,250 2, 187 6, 057 1, 955 2, 076 2, 022 6, 490 2, 078 2 °13 2,172 6, 33S 2, 713 2 8f!3 2, 70] 6 175 3,05" 2, i}s2 2, 135 7, 008 o ^. ,-> 4 >')9 7, (f 2 S, 5 IS 4 2 1C 4,158 ", 019 'J, O.'l 7, GUS :',: » 7,'i i vA". 15,110 ' 11 745 9, 585 9, 203 8, 361 7, 9S1 12, 150 12, 518 11,292 11, O v . 1 VJ 0,." 17,^0 197 231 200 208 223 U02 1 i, 311 2o, 2o;> "3, ( 5i ll,22i 20. 720 10, 130 12, SSn 7, :^i"> 20, 405 i ", (ro 2 071 2,184 2, 448 yji k":5 S*3 370 125,065 2 123, 323 90, 945 347,215 : 1Q 045 28,505 TIRES AND TUBES Pneumatic casings: Production thousands ' Shipments, total thousands Domestic thousands _ _ Stocks, end of month thousands Solid and cushion tires: , Production thousands-Shipments, total thousands Domestic _ .thousand^ Stocks, end of month .thousands.. Inner tubes: ; Production thousands.. Shipnier>is total thoiic*\ii (i s Domestic thousand Stocks, end of month..., thousand^.. - .. Raw matenal consumed: Fabrics .. thous o f l b s .. Crude rubber. (See Crude Rubber.; 1 . | i - 13 10 ,% 3 r .* •3 ' DO r If 12 13 2,223 6 335 9 9 7,902 2,813 2, 958 2. SSO 7, 877 . ! i ^ 8 '''• 8 • S 2, W 3 050 ! 3, 400 ;: 3,325 . 7, 503 4 515 8, 293 8,212 «"> 700 8 S ' S 11 22 22 1 727 4, 22? MIS CELL AN EOUS PRO I* UCTS Rubber bands, shipments _ . thous. o f l b s Rubber clothing, calendered: 3 Orders not no coat* ard sundries ' Production no. coats and sundries... Rubber-proofed fabrics, production, total \ thous. of vyds ~ A-'ito fabrics tiio'is of ^s • Raincoat fabrics thous of vds Rubber flooring, shipments _ thous. of sq, ft.-;--- Rubber and canvas footwear: Production, total.. „ thous, of pairs..; Tennis thous. of pairs.,, Waterproof thous. of pairs - _ ] Shipment 5 :, total . thous, of pairs L Tennig thous. of pairs ' Waterproof thous. of pairs. _| Shipments, domestic, total.. thous. of pairs.Tennis thous. of pairs..; Waterproof thous. of pairs L Stocks, total, end of month. .thous. of pairs.. Tennis thous. of pairs Waterproof thous. of pairs * Revised. i 95 201 °1 580 27, OSO 23 GM> L'2, 7LS °0, «>J5 f 3, .'37 I., 7S7 ",')(, 2, 226 505 i, 19^ 4.112 1 blfl 577 2 %>•. 5'jj 2 47,) 55f) 2, 407 830 1, 570 3,272 1,645 1, 627 3. 030 1,520 1, 510 22, 935 5, 957 16, 978 3, 382 1, 021 2, 331 4, 245 1, 2o2 2,993 4, 005 1.223 2. 842 22, 070 5,704 16, 366 3, 934 1,012 2, 922 5, 706 1, 335 4, 371 5. 448 1, 263 4, 1S5 20, 615 5,473 15, 141 4, 303 1, 231 3, 131 5, 104 sn s -. 1 17 1\''2 11. *31 1:46 l ), 773 415 633 4, 471 4,907 5S9 4, 318 19, 880 6, 076 13,804 3i> 1 1, 207 4f2 ,^n 4,469 4,217 2,078 1. 443 2'; 773 2, 391 3,720 4, 208 734 475 3, 245 3. 474 4,054 3, 632 '016 446 3,438 3,186 20, 367 ! 20, 628 7,044 8, 387 ! 13,323 1 12,241 358 3. 557 2, 490 1, 001 3, 990 2,374 1,616 3, 962 2,353 1.610 20. 237 8, 510 11,726 , 17, o-, 2, 4- 2 Hi L> 7-4 4L"J 3. 777 3, 226 3, 7S7 4, 454 3; 411 1. 043 4,416 4, <h s 4; 2- 4 ?-. "0 3,378 1,038 19, 551 8, 264 11, 287 ooo 4,913 4, 216 727 19, 347 8, 191 11, 156 1 '7 _. "'L: m i 10,433 <% 711 1J ^-. i 15;o33 2,0'/2 102 701 510 1,:^ !! 1K7 r '"'. o!'9 ! 2.213 303 744 570 i, 1W 3,4-10 657 ',51I',. -K", 1,05:5 5, OT j r>, o:«.» 4,374 4.10) i 01 18 44fi 5,010 4,<>ro 4, 333 4, 5">0 677 4:,0 j 18,381 17,879 7,207 0 10'} 11, 115 i 11, 710 1 4. -129 2, K»8 1.531 4. :>i5 3,839 500 4,285 3, 780 499 17,902 5', 222 12, 741 52 SURVEY OF CURRENT BUSINESS 1932 Earlier data, together with explanatory footnotes* may be found in the 1932 Annual Supplement to the Survey September, 1932 1931 July 1933 August | Se j>tem- i October \ -N~ \D^" January February ' \ ; i July April M arch June May RUBBER AND RUBBER PRODUCTS—Continued MISCELLANEOUS PRODUCTS-Con. \ Rubber heels: Production _ thous. of pairs Shipments — Export thous. of pairs thous. of pairs. Repair trade Shoe manufacturers thous. of pairs Stocks, end of month. thous. of pairs _ Rubber soles: thous. of pairs Production Shipments — thous. of pairs Export Repair trade thous. of pairs Shoe manufacturers ..thous. of pairs Stocks, end of month . .thous. of pairs.. Mechanical rubber goods , shipments: thous. of dolls.. Total Belting .thous. of dolls Hose thous. of dolls Other thous. of dolls 16,361 16 293 15,827 14 567 11,455 540 4, 058 11 177 27, 006 514 5. 355 11 653 25, 832 501 617 591 ! 2, 864 2, 933 2,880 i 67 67 196 2, 569 2, 475 234 2. 790 2, 395 90 290 3, 706 914 1 436 1,356 1 : 6,994 : 5,924 9,724 7, 484 23,952 24, 652 2 604 2.264 3,015 3, 356 802 1 161 1,393 788 1 041 1, 186 | 14,138 1 12,316 i 474 j 4,622 6 610 25, 213 8 198 24, 4C5 2,610 2,840 3 639 3,411 45 370 29 308 25 267 8 264 2,579 2,180 3,431 ! 8 704 24, 515 3 196 2,018 ' 2 954 2,085 2,678 2,300 2,381 2,463 601 972 483 856 474 919 483 903 1,105 961 16 368 i 11 737 ! 290 4,537 2,273 2,153 14 787 988 1,077 i 305 i 259 4.575 10 259 280 9 I 75 ! 3,785 ! 2,656 3,651 I 8 748 i 9 424 1 25, 807 i 27, 933 6 938 28, 340 6 345 2«S. 782 | 2,292 2,488 3 461 3 953 i 3 ! 285 i ! 2 252 : 2 925 i 2,428 > 3 320 2,691 j ' 1 2,087 2,759 2,446 ! 2,63* • 2 613 483 966 491 1 174 430 1 251 997 : ! 4! 151 :1 1 252 '973 2 549 2,434 i i i 2,542 ' 420 ' 1 131 i 1 *932 99 STONE, CLAY, AND GLASS PRODUCTS BRICK | Common brick, wholesale price, red, N. Y dolls, per thous Face brick (average per plant): Orders, unfilled, end of mo.-thous. of brick.. Production . . . thous. of brick . Shipments thous. of brick.. Stocks, end of month * thous. of brick.. Sand-lime brick: Orders, unfilled, end of mo.-thous. of brick.. Production .. ..thous. of brick. Shipments by rail thous, of brick.. Shipments by truck thous. of brick Stocks, end of month thous. of brick.. !G 00 10 00 9 75 9 75 9 75 9 75 ' ° 75 Q 75 383 292 222 3,514 i 452 197 149 3,561 450 166 156 3, 557 506 203 155 3, 601 511 i 192 274 : 3,498 ! 532 2°0 257 3,473 518 192 263 3, 387 10,485 4,239 8.745 ; 3,118 : 8,700 2,188 2 561 9,067 8, 914 1, 603 125 2 089 5, 430 ; 2, 502 355 i 2 575 2, 575 2, 469 157 r > qiQ 6. 025 2. 170 3 630 ' 8,677 8, 306 1, 538 165 1 580 7,264 : 4,897 1.318 5 478 < 24. 8 6, 536 1.318 f> Q13 30 ? 8, 020 3,577 11, 437 6,521 5,424 5 506 10,199 : 10,698 4,922 10,866 4 657 12, 347 4,604 10,529 1.331 1.318 10, 762 47.4 8, 161 639 425 477 587 ! 434 454 805 872 I 1.331 1.331 13,899 13,549 62 0 12,092 60. 2 1 15,545 25,934 10,209 22, 479 7,881 9 75 457 325 318 3,521 11,532 943 PORTLAND CEMENT 33 4 9, 21 1 10 00 3,602 3,660 i i v" ! 10,710 :i 10,838 5,518 5,989 529 I Price, wholesale, composite dolls, per bbL. Production thous. bbls Per cent of capacity _. Shipments tbous. of bbls.. Stocks, finished, end of month. thous. of bbls._ Stocks, clinker, end of month-.thous. of bbls.. 10. 00 534 422 479 3,516 669 540 1 521 : 493 138 223 3, 288 10 00 55 3 15,172 ! 13,671 24,313 ! 22,736 8,468 ; 6,918 977 12,360 21,218 6,021 648 397 1.310 449 1.310 1.321 5,974 i 37. 2 5,026 26. 4 22 0 7,156 i 4,142 i 3,393 22,219 ; 24,098 j 25,778 6,215 7,035 j 8,184 8,255 1.323 3 971 18 7 8,421 1.318 4 847 21 3 3,118 ! 3,973 26,657 1 27,545 9,375 ' 10,025 26,496 10,511 1?1 2 495 3. 385 1. 353 7 991 25 394 9,922 9, 264 2 24. 035 2 ji g $77 1 806 6. 032 0^7 63 9 1.901 5, 7."9 1 566 5, 186 1 945 60 6 2,018 5, 095 2° 5 .9 1 357 19 5 18 6 1 423 GLASSWARE Glass containers: OrdersNew, net .thous. gross.-2,095 Unfilled, end of month thous. gross.. 8,268 ] f/77 2 9 278 Production thous gross 2 Per cent of capacity 69 3 53 6 Shipments... thous. gross.. 2,180 1 , 551 Stocks, end of month thous. gross.. 5 824 i ? 5, 863 Illuminating glassware: OrdersNew per ct. of capacity __ 24. 3 Unfilled, end of mo no. weeks' supply-- .. .8 1,492 Production, total no. of turns.. I 059 19 9 Per cent of capacity . Shipments per ct. of capacity.. 24. 0 3.9 Stocks, end of month no. weeks' supply-Plate glass, polished, production.thous. sq. ft.. 2,734 *6,207 < ! ; i ! I i 1,859 ' 7,591 ! 1,820 6,860 2 239 1 948 68 6 i 62 0 2,213 2,310 5, 930 i 5, 536 24. 8 1 .2 i 1,607 !i 21.4 21. 6 i .91 26. 3 .2 1,679 22 4 26. 0 .9 1,779 6, 713 2 128 64 2 1,941 5,709 26. 6 .8 2,276 4,799 30 4 30. 1 3. 7 4,812 : 4,290 1,997 361 ! 386 6,311 1,814 i 6,745 I; 1,659 ! 6,387 ! 6,872 : 5,855 ! 1 692 55 1 1,537 ! 23. 3 .7 1,877 25 0 24. 0 3. 6 i i | '• | 1 2,929 6,454 1 508 i 1 606 47 2 i 52 1 1,396 j 1,743 20. 8 .7 1,774 23. 7 20. 7 3. 8 5,697 j 21 8 : .8 : 1,463 i 19.5 I 20. 2 i 3. 8 3,694 ! 6,093 j 5,500 1,269 2,252 1,085 223 104 2,354 i 6,811 1 738 6,505 5, 544 t 5, 497 1 548 i 50 2 i 1,764 i 1 652 f»j 1 74 9 Q27 63 2 1 919 5 639 ] 886 56 6 1,963 19.7 i 21 3 .8 1 .8 1,301 1,374 17 4 I 19 8 1 9. 1 i 22. 0 3. 6 i 36 22 6 .8 1 393 20 0 22 3 9 j 6,427 4,414 36 5,025 36 3,016 2,648 ; 2,097 176 925 100 885 84 781 237 ; 4,910 TERRA COTTA Orders, new: Quantity Value... 1 . _ .short tons thous. of dolls.. 2 504 i 194 5,177 480 3,955 194 115 | 63 TEXTILE PRODUCTS CLOTHING Hosiery: Orders— New thous of dozen pairs Unfilled, end of month thous. of dozen pairs.. Production thous. of dozen pairs Shipments net thous of dozen pairs Stocks end of month thous of dozen pairs Men's and boys' garments cut: Overcoats .. thous. of garments Separate trousers thous of garments Suits thous of garments Rubber clothing (see Rubber products) . » Revised. 1 4 279 4,279 4,716 1 5,058 4,902 4, 155 2 4, 413 2 4 333 2 3,611 4, 069 3 777 10 177 3,139 4,187 4 540 9, 869 2,815 i 4, 521 4 941 9, 730 ! 2,637 4, 743 5 115 9 408 2,641 4,020 4 789 9,107 2, 263 4,118 4 394 9 114 2 2, 583 22 4, 591 4, 048 2 9, 535 2 2, 449 2 4, 577 2 4 346 2 2 493 2, 246 1 897 593 2,544 1 979 661 ! 2,477 1 647 542 2,024 1 286 293 1,189 954 174 1,207 1 207 159 1,507 1,693 1 2 4 235 4,624 4 496 9, 839 2, 081 2 4, 763 2 4 964 2 9, 750 2 1,895 22 4, 295 4 335 2 9, 700 2,073 4, 032 4 355 9, 335 2,219 4, 124 4 257 9 166 295 1,601 1, 736 335 1.742 2, 114 101 1,696 1.273 4, 686 Adjusted for degrading and year-end physical inventories. 38 1, 808 , 074 9 53 SURVEY OF CURRENT BUSINESS September, 1932 1931 1932 Emrlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey July July August 1932 Septem- October Novem- Decem- January Februber ber ber ary March April May June TEXTILE PRODUCTS—Continued COTTON Consumption thous. of bales. . Exports: Quantity, exclusive of linters thous. of bales.. Value. (See Foreign Trade.) Qinnings (total crop to end of month) _ _ .. thous. of bales Imports __ thous. of bales.. Prices: To producer dolls, per lb_. Wholesale, middling, N. Y dolls. perlb_. Production, crop estimate thous. of bales.. 4 Receipts into sight.. thous. of bales. . Stocks, end of month: Domestic, total mills and warehouses thous of bales Mills -thous. of bales Warehouses . _ ___thous. of bales World visible supply, totaL. thous. of bales.. American cotton thous. of bales 279 451 426 464 462 429 416 435 450 489 367 332 321 449 259 211 558 1,014 1, 071 1,181 919 970 927 545 501 360 71 8 7 9 566 7 5,410 5 12, 130 3 15, 024 6 15, 358 13 16 002 13 9 16 629 10 16 23 .051 .058 11, 306 107 .085 .093 .063 .072 .059 .065 .053 ,064 .061 .065 .056 .066 .058 .068 .062 .068 .057 .062 .052 .057 .046 . 053 277 333 1, 623 4,082 .055 .063 a 17, 096 3, 035 1, 819 1,546 918 870 569 350 219 7 922 1, 219 6,703 7,793 5,894 o 520 996 4,524 6,899 4,775 5 266 840 4, 426 6,435 4,498 7 072 775 6, 297 7,113 5,275 10 566 1 116 9,450 9,184 7,299 12 137 1 441 10, 696 10, 191 8,346 12 056 1 63Q 10, 426 10, 193 8, 403 11 6F>9 1 637 10, 032 10, 398 8 572 11 144 1 633 9,511 10, 166 8 268 10 333 1 566 8 767 9,623 7 687 9 697 1,533 8,164 9,111 7,139 9 072 1 463 7,609 8,738 6 680 8 477 1 323 7 1.54 8, 205 6 215 26, 475 6,999 11, 738 32, 951 11,800 10, 181 31, 351 10, 295 10, 023 29,819 10, 858 9,382 32,943 14, 703 9, 461 32,519 11,574 9,832 31.506 9, 349 10,861 31,791 11,518 11,350 32, 030 9,411 12, 009 31, 394 8,646 12, 436 28, 015 8, 858 12, 771 26, 758 6, 433 12, 554 25, 281 t}, 223 12, 473 . 157 .255 .225 .352 .212 .336 .201 .326 . 189 .315 192 .312 181 . 295 175 .290 .180 .285 181 .284 .173 .280 162 .270 155 . 263 33, 724 1,861 35, 272 4,326 30, 309 1 692 25, 599 2 185 29, 897 1 958 27, 210 9 551 30, 759 4 026 28, 007 2 513 30, 840 3 959 35, 610 3 925 44, 042 3 514 39, 750 3 182 21), 887 1 911 55, 654 227, 952 35, 418 41, 394 281, 249 39,588 277, 597 48, 136 52, 833 269, 449 41, 889 217, 508 52, 262 56, 911 250, 855 57, 542 227, 167 54,424 55, 610 244, 924 83, 420 344, 639 56, 779 54, 052 255, 833 56, 052 354, 957 57, 861 53, 472 273, 390 40, 983 322, 039 50, 938 47, 567 290, 248 84, 503 391, 150 58, 177 67, 225 254, 056 61, 396 377, 988 61, 086 64, 686 239, 654 33, 170 25, 577 278, 163 218, 366 51, 272 57, 050 53, 135 40, 526 259, 231 302, 216 36, 439 193, 637 45, 929 42, 621 315, 448 37, 632 170,910 40, 117 42, 177 305, 150 .031 .049 .043 .041 ,038 .036 .034 ,036 .039 .038 .036 .031 .031 .037 .056 .052 .050 .046 .047 .044 .042 .043 .044 .044 .040 . 036 37, 404 71, 624 56, 153 74, 662 65, 983 71, 615 70, 138 76, 245 63, 014 78, 027 59, 501 81, 606 55, 791 76, 981 70, 341 66, 464 89, 286 73, 337 93, 145 86, 429 57, 894 88, 864 43, 868 86, 324 40, 993 71, 364 25, 532 32 27, 396 1.1 16, 073 45, 831 47 45, 233 1.5 24, 916 44, S82 48 44, 372 1.7 24, 483 49, 252 49 45, 782 1.6 27, 207 48, 237 48 44, 515 1.5 26, 811 40, 516 43 38, 304 1.6 22, 828 48,029 41 40, 028 1.6 27, 290 44, 407 47 51,529 2.2 27, 495 55, 412 59 59, 119 2.7 31 410 61,919 58 53, 615 2.1 32 173 49, 573 46 34, 348 1.6 27, 032 37, 340 37 32, 143 1.5 23 972 36, 855 33 28, 090 1.0 °1 °95 19 COTTON MANUFACTURES Cotton yarn: * Carded sales yarnOrders, unfilled, end of mo.. thous. of Ibs.. Production thous. of lbs._ Stocks, end of month thous. of lbs._ Prices, wholesale— 22; is, cones, Boston . .dolls, per lb 40/ls, southern, spinning dolls, per lb.. Cotton goods: Abrasive cloth. (See Paper Products.) Cotton cloth: Exports thous. of sq. yds.. Imports thous of sq. yds Cotton textilesOrders— New (weekly average) thcus. of yds_. Unfilled, end of month thous. of yds.. Production (weekly average) thous. of yds.. Shipments (weekly average) thous. of lbs._ Stocks, end of month thous. of yds__ Fiber consumption for tires. (See Rubber and Rubber Products.) Prices, wholesale— Print cloth, 64 x 60 ...dolls, per yd.. Sheeting, brown, 4 x 4 (Trion mill) dolls, per yd.. Cotton cloth finishing: Printed only (mills and outside) — Production thous. of yds.. Stocks, end of month thous. of yds.. White, dyed and printed (outside mills)— Billings (finished goods) thous. of yds. _ Operations . per ct. of capacity Orders, new, gray yardage.. thous. of yds__ Orders, unfilled, end of mo days prod.. Shipments (finished goods) cases Stocks, end of month (finished goods) _ cases . Spindle activity: Active spindles thousands _ Active spindle hours, total mills, of hrs__ Average per spindle in place hours. _ Operations per ct of capacity 13, 347 16,404 18, 095 17, 467 18, 321 18 887 20, 175 18 837 17 855 18 876 16, 822 15 355 14 659 19, 758 3, 659 115 51 7 25, 826 6,528 200 86 0 25, 623 6,193 190 81 8 25, 237 6,540 201 88 1 25, 188 6,595 203 85 1 24 861 6,014 186 85 8 24, 638 5,951 184 79 3 25 014 6, 214 192 84 5 25 190 6,567 204 92 5 24, 818 6,955 217 90 1 23, 409 5,195 163 70 7 21 639 4,577 144 63 3 20 .%2 4, 247 134 RAYON AND SILK Rayon: Imports thous. of lbs_. 285 276 299 239 107 71 91 21 »30 89 48 76 Price, wholesale, 150 denier, "A" grade, N. Y _ dolls, per lb .75 55 .75 .75 75 75 65 75 75 75 75 Stocks, imported, end of month thous. of Ibs . 528 539 474 468 430 362 315 308 305 342 338 Silk: Deliveries (consumption) bales. . 38, 382 44, 746 46, 454 53, 819 56, 668 50, 645 48, 432 58, 793 45, 909 46, 761 35, 779 32, 923 Imports, raw thous. of lbs._ 4,931 7,167 4,832 6,724 7,331 9,524 9,639 8,861 5,673 4,474 7,020 6,503 Operations, machinery activity43 2 Broad looms.. per ct. of capacity 47.1 76.4 79.4 90 5 93 0 89 4 56 3 83 9 88 9 60 2 73 5 Narrow looms per ct. of capacity.. 45.9 38.2 35.3 48.3 38.0 42.4 43.1 41.8 47.2 41.0 44.6 39.6 Spinning spindles per ct. of capacity.. 41.0 48.7 53.4 44.6 56.4 56.4 38.7 30.4 51.7 50.0 46.1 41.5 Prices, wholesaleRaw, Japanese, 13-15, N. Y.. dolls, per lb.. 1.231 2.512 1.421 2.364 2.315 2.266 2.315 1.970 1.891 1.617 1.231 1.953 Silk goods, composite dolls, per yd.. (t) .98 .98 .98 .98 .98 .96 .94 .96 (t) (t) (t) Stocks, end of monthWorld, visible supply bales 232 731 254 484 277 830 293 148 296 935 311 513 281 779 263 325 261 140 253 621 236 412 United States— At manufacturers bales.. 20, Oil 16, 990 21, 122 20, 044 23, 176 23, 435 24, 651 25, 180 20, 510 27, 157 26, 337 26, 008 At warehouses ..bales.. 50, 721 29, 921 41, 878 36, 099 49, 921 67, 275 69, 460 62, 905 70, 570 62, 675 57, 849 59, 159 1 4 * Months do not contain same number of weeks. As of Dec. 1. •(Discontinued As of Aug. 1. 55 55 347 37, 466 4, 75(5 39 5 35.8 28.6 1. 194 (t) •»4 5^2 25, 521 53, 048 54 SURVEY OF CURRENT BUSINESS Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey 1933 September, 1932 1931 July July August 1932 Septem- October Novem- Decem- January Februber ber ber ary March April May June TEXTILE PRODUCTS—Continued WOOL Consumption, grease equivalent thous. of Ibs Imports, unmanufactured thous. of Ibs. . 848 Operations, machinery activity: 38 Sets of cards per ct. of capacity.. Combs _ per ct. of capacitv 65 LoomsCarpet and rug ..per ct. of capacitv 19 Narrow per ct. of capacity.. 17 Wide . per ct. of capacity. 45 Spinning spindlesWoolen.. per ct. of capacity.. 39 Worsted per ct of capacity 50 Prices, wholesale: Raw, territory, fine, scoured... dolls, per lb_. .36 Raw, Ohio and Penn. fleeces. ..dolls, per lb_. .14 Suiting, unfinished worsted, 13 oz. (at mill) _ ...dolls, per yd.. 1.125 Women's dress goods, French serge, 54" (at factory) dolls, per vd .750 Worsted yarn, 2/32s, cross-bred stock, Boston doils. uer Ib 75 Receipts at Boston, total thous. of Ibs 52, 339 Domestic thous. of lbs._ 50, <J34 1, 405 Foreign thous. of Ibs... 53. 886 12, 987 51, 140 9,679 64 115 65 115 47,548 ! 42,990 11,677 ! 13,463 61 ! 109 ! ! 35, 424 6,977 31, 625 10, 536 34, 253 12, 556 34, 426 9,890 29, 384 6,422 53 74 48 86 40 65 50 69 54 76 45 52 30 36 30 31 31 39 38 39 49 30 31 45 26 26 44 28 25 51 30 22 61 31 26 48 28 21 28 23 18 28 18 16 31 19, 954 16 519 4,816 ! 2, 832 18 933 2,697 38 43 64 38 45 70 40 44 63 64 83 66 78 63 70 53 49 46 51 39 49 52 ro 58 51 45 37 26 29 30 25 30 43 .62 .21 .63 .23 .62 .22 .58 . 21 .58 .21 .58 .21 .58 .21 57 21 .52 .19 .48 .18 .42 .15 .38 .14 1.494 1.490 1.400 1.400 1.400 1.400 1.400 1. 400 1.400 1.300 1.300 1. 125 .925 .925 .925 1 .925 .925 .925 .900 900 900 .900 880 800 1. 00 79, 381 76, 046 3, 335 I 00 36, 850 34, 445 2, 405 .95 ' 18,707 i 16,51:5 ! 2,112 .95 9 ? 628 6,567 3,061 .95 7, 026 6, 163 863 .93 7,577 5, 350 2, 227 .93 11,235 4,928 6,307 90 8 127 5,131 2, 996 88 5, 794 3, 758 2,036 87 6,526 5,414 1,112 SO 10 942 10, 272 G70 28 665 28, 134 531 17 883 23, 886 35 604 21, 993 45 618 18,277 37,504 • 35,432 17,118 1 17,320 32, 428 13, 774 21,123 19,011 33, 391 22, 800 30 567 20, 287 33 041 17, 131 32 346 11, 679 24 231 17, 095 34 934 25, 923 65 58 79 68 101 95 62 50 86 76 69 52 87 73 87 73 106 68 76 62 65 53 76 68 255 235 1 053 31.3 8,803 390 256 2 025 1, 015 6,033 45.0 8, 689 866 399 1 528 969 5,465 42.9 8,583 534 451 2 014 1,031 6,609 | 46.9 8,640 924 445 2, 025 969 3,760 42.3 8,629 1,061 563 1, 500 71 5 2,651 43.0 8, 794 485 416 2, 044 654 1, 644 44.0 8 605 660 606 843 827 2,184 40.7 2 8 458 565 506 911 782 3,260 2, 009 229 882 647 1,947 32.6 8 139 292 243 1 230 ' 501 2,447 27.3 7 929 233 223 ?5S 580 2, 247 2,615 2, 621 2,375 2,751 2,667 2,411 2,401 i 2,822 ! 2,419 2,180 2,333 2,184 1,986 1,759 1,709 1, 789 2, 083 1, 902 2,327 2,408 2,239 2,660 2,549 2.271 1,828 2,078 2,091 1,829 2,094 2, 189 1,578 1, 944 2,236 MISCELLANEOUS PRODUCTS Burlaps and fibers, imports: Burlaps thous. of Ibs Fibers ...long ions,. Buttons and shells: Buttons — Imports, total _ .. .thous. of gross _ From Philippines thous. of gross Fresh w ater pearlProduction per ct. of capacity.. Stocks end of month thous. of gross Shell, imports, total thous. of lbs_. Mother of pearl thous. of Ibs Tagua nuts imports thous. of Ibs Elastic webbing, shipments, thons. of dolls Fur, sales by dealers thous. of dolls.. Pyroxylin-coated textiles (artificial leather): Orders, unfilled, end of month thous. of linear yds.. Pyroxylin spread thous. of lbs__ Shipments, billed thous. of linear yds.. 2, 233 72 : 62 ! 1 ; i ' 2 32.4 8, 741 1,733 600 2,117 807 1,638 2,175 2,121 1,956 2 TRANSPORTATION EQUIPMENT AIRPLANES Production, total Commercial (licensed) Military (deliveries) For export number.. . number ,. number . number AUTOMOBILES Exports: CanadaAutomobiles, assembled ..no. of cars. . 1,493 Passenger cars no of cars 1 308 United States— Autos and parts, value. (See Foreign Trade.) Automobiles, assembled, totaL.no. of cars.. 4, 904 3 039 Passenger cars no. of cars Trucks .no. of cars.. 1,865 Financing: Retail purchasers, total. _ . _ _ _ thous. of dolls.. 44, 735 24, 149 New cars . . thous. of dolls Used cars ,_thous. of dolls.. 19, 244 1,342 Unclassified thous. of dolls.. Wholesale dealers _ _. . .thous. of dolls. . 26, 014 Fire extinguishing equipment: Shipments35 Motor vehicle apparatus.. _ number.. 13, 876 Hand types number Production: Automobiles — Canada total r . no. of cars . 7,472 6 773 Passenger ca s no of cars United States, total"... no. of cars.. 111, 139 94, 678 Passenger cars 110. of cars 27 Taxieabs . - no. of cars.. 16, 434 Trucks rio of cars 339 Automobile rims thous. rims._ Registrations, new passenger-cars number.. 99, 000 Sales (General Motors Corp.): To consumers „. .. no. of cars... 32, 849 To dealers, total. .no. of cars.. 36, 872 U. S. dealers no. of cars.. 31, 096 Shipments, accessories and parts: Accessories, original equipment Jan. 1 925- 100. . Accessories to wholesalers Jan. ]925=100__ Replacement parts Jan 1925=100 Service equipment Jan. 1925=»100_. 2 Revised. 274 215 44 15 238 164 56 18 168 100 57 11 197 100 87 10 934 644 740 542 690 557 630 476 9,996 6,478 3,518 8,055 5,899 2,356 8,748 4,577 4,171 95,911 59, 300 34, 126 2,484 48, 853 79, 598 46, 866 30, 486 2,246 43, 943 68, 285 38, 610 27,581 2,095 35,841 60, 692 33,196 25, 882 1, 614 25, 770 72 29, 895 81 26, 334 64 28, 720 I 80 ! 24,729 4,220 3,151 218, 490 183, 993 180 34, 317 813 194, 322 4,544 3, 426 187, 197 155, 321 104 31,772 924 155, 744 2,646 2.108 140, 566 109,087 141 31, 338 505 124, 903 1,440 i 1,247 812 761 I 80,142 | 68,867 57,764 ! 48,185 651 ! 21,727 ! 282 ! 102,659 | 85, 054 87, 449 78, 723 69, 876 70, 078 62, 667 51, 740 58,122 47,895 49,042 ! 34,673 25,975 ! 29,359 21,305 i 23,716 79 57 124 85 70 66 127 80 138 67 7, 707 3,207 4,500 i 3,112 1,928 I 1,184 j 9, 086 5,753 3,333 I 54 37 | 80 129 69 i 53, 588 47,942 46,855 , 529 74,710 62, 850 68,650 I 65,382 ! 52,539 35.7 2 SURVEY OF CURRENT BUSINESS September, 1932 1933 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey July 55 1932 1931 July Decem- January FebruOctober NovemAugust September ber ary ber March April May June TRANSPORTATION EQUIPMENT—Continued RAILWAY EQUIPMENT Equipment condition: Freight cars owned — Capacity mill. lbs__ 202, 807 208, 207 207, 947 207, 638 207, 290 206, 842 205, 913 205, 745 205, 509 205, 287 204 297 203, 657 2 203 376 Number total. _ -thous. of cars-2,224 2,211 2,186 2, 205 2,193 2,188 2,157 2,220 2,216 2,191 2,174 2,166 2,163 Bad order, total number of cars.. 245, 749 181, 702 187, 585 194, 127 194, 948 196, 324 187, 666 195, 462 206, 461 209, 271 218, 303 230, 820 234, 315 Per cent of total in bad order 8.3 9.0 9.0 9.0 9.7 8.9 8.7 9.6 8.6 10.1 10.8 11.5 11 0 Locomotives, railway— Owned— Tractive power mills. lbs__ 2,514 2,459 2,513 2.512 2,509 2, 509 2, 487 2,481 2,496 2,489 2,475 2,471 2,467 Number. total number.- 53, 263 55, 056 65, 029 54, 967 54, 889 54,861 54, 462 54, 228 54, 166 54, 002 53, 815 53 696 53 572 Awaiting classified repairs ...number. . 8, 291 7,814 7,642 5,913 8,310 6,485 6,836 6,990 7,331 8,142 6, 173 7,851 8,233 1.45 Per cent of total 16.0 12.0 12 7 11 4 13 0 13 7 10 9 11 7 14 7 15 0 15 5 15 8 Installed __„ number . 29 53 68 33 66 95 51 51 40 42 61 55 54 Retired number 338 199 108 102 122 113 139 81 46 285 229 174 178 Passenger cars—On railroads (end of quarter) number 50 060 50 327 50 437 Equipment manufacturing: Freight cars—Orders, new, placed by railroads cars__ 105 25 443 534 3 798 28 10 11 159 0 20 50 1,572 Orders, unfilled, total _. cars.. 4,252 2, 974 5, 100 5,042 3 214 6,466 4, 610 3, 650 2 429 5,746 2 712 1 851 o 0 ' o 314 Fquipment manufacturers cars 1 336 150 534 1 340 259 150 866 2'>0 250 1,572 Railroad shops cars. 2, 824 3 064 5,130 4,296 4,032 3,702 2429 4 880 3 391 4 K66 2 562 1 851 3 «? 4 3 Shipments total cars 341 524 ' 780 404 150 320 10 546 153 3 3 Domestic cars 404 542 262 341 150 10 4 499 776 153 3 Locomotives, industrial electric (quarterly)— g 40 24 18 Shiuments, total number Mining us© number24 18 37 8 Locomotives, railway — 0 1 11 Orders, new, placed by railroads-number. . 0 3 20 0 0 0 1 0 0 Orders, unfilled, end of month — Equipment manufacturers (Census} 121 total number 132 158 147 178 170 162 115 165 173 147 130 162 Domestic, total number 115 149 154 162 141 113 139 163 162 124 106 114 132 Electric „ .-.number.93 132 130 128 88 135 130 130 130 128 123 1 1 32 Steam number 32 32 26 20 14 21 33 13 18 6 4 6 Railroad shops (A. R. A.) number-14 12 6 10 9 8 13 6 6 6 Shipments — 3 7 1 9 7 2 0 0 8 Domestic, total number 15 11 2 13 17 4 ] 3 3 1 ? 5 9 o o 0 2 o Electric number 3 0 2 4 8 0 0 6 Steam __ _ number 6 11 12 13 0 4 2 11 0 0 o o 3 6 Exports, totaL— number. . 2 0 5 4 3 5 2 o o 0 0 0 o o o o Electric number 5 j 1 0 4 3 Steam _ number o o 2 11 0 0 0 0 Passenger cars0 0 Orders, new, placed by railroads-number.. 0 0 0 0 0 0 0 0 0 0 30 16 43 Orders unfilled (end of quarter) number 15 1 0 2 0 o o 0 0 o 6 Shipments, total number 2 21 8 1 0 2 8 0 0 2 0 0 o Domestic number 0 0 0 ELECTRIC TRUCKS AND TRACTORS Shipments, industrial, total Domestic Exports number . number _ .number 19 19 0 78 63 15 60 37 13 43 39 4 17 16 1 21 19 2 22 21 1 29 29 o 26 26 0 20 20 0 17 17 o 19 19 0 25 20 5 326 30, 471 25, 363 299 11, 554 7,150 294 27, 906 25, 002 288 4,261 1,201 279 23, 229 19, 402 249 23, 055 19, 549 252 2,913 1,594 229 3,703 2 610 174 41,991 33, 509 173 17, 532 13, 848 186 26, 260 22, 586 180s 10, 782 7 928 SHIPBUILDING United States: Merchant vessels u n d e r c o n s t r u c t i o n thous gross tons Completed during month-. total gross tons.. 28, 338 27, 150 Steel total gross tons World (quarterly): Launched — Number ships Tonnage -thous. gross tons Under construction — Number ships Tonnage thous. gross tons.. 109 387 90 302 63 124 84 194 290 1,531 281 1,404 268 1,298 224 1, 110 CANADIAN STATISTICS Business indexes: Bank debits 1919-1924—100 Carloadings--. 1919-1924=100 Employment in trade 1919-1924=100 Exports (volume) 1919-1924—100 Imports (volume) . . . 1919-1924=100 Industrial production, total. .1919-1924 = 100.Construction 1919-1924=100 Forestry 1919-1924=100-. Manufacturing . 1919-1924=100 Mining -1919-1924=100— Shares traded 1919-1924=100 Commodity prices: Cost of living index 1926=100 Wholesale price index 1926=100 Employment, total (first of month) .1926= 100__ Construction and maintenance 1926= 100— Manufacturing 1926=100— Mining 1926=100 Service 1926= 100— Trade 1926=100 Transportation. __ 1926 = 100 « Revised* 122 0 71.4 125. 5 87 3 78. 1 109. 0 83.2 106.0 112.3 116. 9 112 0 119 1 96.3 133.0 81 9 104.0 138.5 136. 0 152.1 137.2 126.5 97.0 119 5 92.3 132 7 89 6 92.6 132.3 119. 5 135. 6 136. 3 112.3 66 9 129 0 82.2 131 2 98 6 96.0 137.3 182.2 148.5 130.6 124.2 172.9 103 6 82.2 131.5 84 0 93.0 130.5 153.5 147.0 121.9 139.5 121.6 114 2 81.0 128 4 75 2 92.2 125.0 158.0 140.9 117.7 115.3 170 5 111 1 83.4 129 0 73 o 87.8 119.0 80 7 136.8 118 5 132.1 49 4 105 6 81 6 128 9 88 0 82.8 125.6 159 2 136. 5 117 2 131.6 49 7 116 4 89 4 127 1 89 7 87.0 128.7 153.5 134.2 119 4 160.4 53 8 109 6 84.7 127 3 74 2 100 4 122.4 92 5 128.6 123 3 136. 1 71 2 109 8 91 2 128 3 85 6 75 9 116.6 42 3 134.8 118 0 J53 0 74 0 102 1 84 0 128 3 82 0 89 8 132.7 47 8 130 6 144 2 141 5 80 8 115 0 83 1 127 0 85 0 88 5 118.2 42 1 129. 0 125 1 128 6 69 8 80 8 66.6 88.7 93.3 85.4 95. 0 119.9 115.4 85.9 88.6 71.7 103.8 137.1 97.2 104. 1 130.8 124.0 97.7 88.9 70.9 105.2 162.8 94.7 104 5 133.0 120 9 97.8 87 8 70.0 107.1 176.8 94. 7 105.6 134.8 120 5 97.8 86.4 70.4 103.9 164. 5 91.8 108.2 125.5 120 8 95.2 86 4 70.6 103.0 165. 4 88.8 107.9 117.5 122 8 95.4 85 9 70 3 99.1 128.8 89.6 107 5 116.1 125 6 93 5 85 4 69 4 91.6 104.8 83.9 105 1 114.4 125 7 85 6 84 5 69 2 89.7 90.4 85.9 102 4 112.1 117 2 83 4 83 9 69. 1 88.7 83.3 87.0 101 1 114.7 113 6 81 9 83 7 68 4 87.5 7Q /.:». Q J 81 8 67 7 87.5 83.2 85.8 97 9 114.7 116 2 84 3 81 0 66 6 89.1 92. 9 86.0 96 8 116. 8 116 1 85 5- 87.3 101 0 113.9 114 3 81 9 SURVEY OF CURRENT BUSINESS 56 Earlier data, together with explanatory footnotes, may be found in the 1932 Annual Supplement to the Survey j "1 QQO September, 1932 1931 \ July i July August SeptemOctober ber 1932 ( n ^J " j ! " 11 U^ " January I i February 1 March ! April May I June CANADIAN STATISTICS—Continued 1 Finance: Banking— ; Bank debits... mills, of dolls.. Exchange. (See Finance.) Interest rates 1926=* 100 Commercial failures numberLife insurance, sales of ordinary life (15 cos.) ! . thous. of dolls ! i Security issues and prices— New bond issues, total__ thous. of dolls..: Corporation thous of dolls ' Domininion and provincial thous. of dolls.. 1 Municipal thous of dolls ! Railways . _ thous. of dolls 1 Bond yields ..percent..' Common stock prices, total... 1926= 100.. Banks .1926=100 J Industrials _ 1926 = 100. . Utilities 1926 = 100 1 Foreign trade: Exports _. thous. of dolls Imports thous of dolls Exports, volumeAutomobiles. (See Transportation Equip.) Newsprint. (See Paper and Paper Products.) "Wheat thous of bush Wheat flour thous. of bbls Trade with U. S. (See Foreign Trade.) Railway Statistics: \ Carloadings.. thous. of cars J Financial results— i Operating revenues thous. of dolls.. Operating expenses thous. of dolls.. Operating income _ thous. of dolls Operating results— _ i Freight carried 1 mile mills, of tons • Passengers carried 1 mile i mills, of passengers Commodity statistics: i Production— 1 Automobiles. (See Transportation Equip.) Electrical energy, central stations 1 ___ mills, of kw. -hours-.j Pig iron . thous. of long tons J Steel ingots and castings | __ thous. of long tons.. i Livestock, inspected slaughterCattle and calves thous. of animals.. Swine -thous. of animals..! Sheep and lambs thous. of animals..! Newsprint. (See Paper and Paper Prod- \ ucts.) i Silver. (See Finance.) | Wheat, visible supply. (See Foodstuffs.) i Wheat flour thous of bbls i i d., deficit. 2, 176 2,400 2,244 no 6 1 °49 92 9 91 9 223 164 34 469 39, 977 35, 738 2,587 2, 842 2, 638 2,071 1,990 2,024 2, 074 97 1 230 103 3 256 105 4 !i 275 108 6 263 119 8 115 9 110 6 2 HI 3 47 163 37, 331 38, 145 37 467 33 699 30 998 40 %3 293 200 208 228 3 21,085 6 000 34, 978 o 14, 231 1 660 24, 520 0 20, 735 50 215,000 1 33 0 5.05 71. 9 92 9 : 86.6 63 5 0 0 0 5.20 64. 8 92. 9 74.3 59 3 30, 212 17 435 10,000 5 085 5.74 64.8 90.3 73.7 59. 1 5.55 63.5 86. 1 71.1 59. 1 4,000 18 478 12,500 5.30 64.1 86.0 71.5 59.8 2, 750 9 821 0 5 33 54.0 85 8 58 2 48 9 17, 7.50 6 770 0 5 4° 45.8 65 7 51 4 36 M o, 000 15 6^5 0 5 4S 43,2 60 5 48 8 34 •-> 58,430 ; 54,218 46 911 40 290 39,063 34 115 37, 019 35 586 41. 019 57 448 ! 27 455 i 41 402 29 794 ' 44 361 4 ' 701 40 743 0 1 523 4.40 81.3 97.3 94.4 76 6 833 50 000 4.65 68.6 94.3 79.3 65 4 43 03°1 35* "I 50, 671 48 379 49, 894 47 308 49,909 45 379 o! i i i i i o 286 0 4.95 64.6 92.9 74.3 60 1 56,534 45 933 38 860 0 o ; ; 19 6 0 2 12 061 446 467 i ' 157 207 11 909 29, 352 27,304 1,186 28, 265 26, 393 1,770 1,636 2, 057 i 2 927 2,805 186 190 152 '• 113 92 ; i 1,288 i 18 1 1,428 12 1,415 14 l 0>:? o 5,000 1 450 0 4.45 83.7 100.3 94.6 81.7 921 I1 A 4 47, 647 21, 150 5 472 o 5 30 49. 6 r>7 i 56' t> 43 s 205 195 : 200 200 1,923 400 522 2, 203 113 9 ! 215,033 ! 0 i 7,133 683 9 2, 17.5 30 066 ! 36,006 1 51,073 | 436 240 i 150 1 27, 972 i 350 0 | I 2,451 I 14 336 557 18 925 558 227 265 30,158 32,611 25, 122 25, 248 4, 149 1 6, 377 9,472 332 9,898 338 27 452 476 22 356 451 231 185 166 174 186 180 31,688 j 27,732 24,012 ! 23,769 6,659 1 3,380 22, 120 21, 781 d. 486 22, 294 22, 196 d. 821 25, 027 22, 550 1,612 23,851 21 052 < 1 932 ; 1,878 1,605 1,659 1,814 1 653 140 113 107 125 113 • MO 1,432 14 1,418 10 1,329 11 1,393 18 1,334 ; 17 2 1,273 <3 1,200 8 9 921 415 7 513 ' 255 ; 15 543 46-) i 5 8~" 571 183 H~ 23,400 21 245 1 191 1 63'-1 • 1,1.57 7 1, 251 40 1,256 23 28 45 52 33 ! 31 28 i 21 25 28 44 36 ' 29 18 73 192 ! 64 77 148 71 78 162 81 81 i 204 1 117 | 80 247 193 75 : 259 ! 98 I 66 247 55 65 264 48 62 240 35 88 233 37 90 i 229 ! 30 I 95 255 23 85 248 50 1,319 1, 333 1,516 i 1,694 1, 812 i 1, 175 851 842 1,054 993 '• 1 041 1 15 L 2 Revised. O SMDEX TO MONTHLY BUSINESS STATISTICS Page Page 34 Abrasive paper and cloth.., _______________ 51 Exp orts Acceptances, bankers' -------------------30 Factory employment, pay rolls, operations 27, 28, 29 Accessories, automobile ___________________ 54 Factory operations, proportion of full time Advertising, magazine, newspaper, radio ____25,26 worked 28 Africa, United States trade with ___________ 34 Failures, bank; commercial „ 30,31 Agencies, employment; applicants, placeFares, street railways 34 27,28 Farm employees 28 ments ________________________________ 24 Agricultural wages, loans _________________29,30 Farm prices, index 48 Federal Government, finances „ 32 Air conditioning equipment --------------26 Federal-aid highways Air mail ________________________________ . 25 54 Federal reserve banks, condition of 30 Airplanes ________________ . --------------Alcohol, denatured, ethyl, methanol _________ 23,36 Federal reserve member banks 30 . 36 Aluminum ______________________________ 48 Fertilizers Animal fats, glues, greases ---------------- 36,37 Fire-extinguishing equipment 54 25 Anthracite industry ___________________ 22 , 2 9 , 4 2 Fire losses Apparel, wearing _________________________ 23,37,41 29,52 Fish and fish oils,Argentina, United States trade with; exFlaxseed „ 37 change; flaxseed stocks______________31,34,37 Flooring, oak, maple, beech, and birch 44 40 Asia, United States trade with___„ _________ 34 Flour, wheat Asphalt.....____________________________ 43 Food products . _ _ _ 22,23,27,39 ,29,54 Footwear 44,52 Automobiles______.______......22,27,28, Babbitt metal ___________________________ 48 Foreign trade, indexes, values.. 34 48 Bank suspensions ________________________ 30 Foundry equipment France, exchange; United States trade with 31,34 39 Barley ____________________ ...... ------ — 27,55 Bathroom fixtures _________ . ______________ 46,47 Freight cars (equipment) Beef and veal ___________________________ AQ Freight carloadings, cars, indexes 35 Bituminous coal ____ _ ______________ 22,28,, 2 9 , 4 2 Freight-car surplus 35 Binder's board ___________________________ 51 Fruits 23,39 Boiler and boilerfittings__________________ 46 Fuel equipment 48 „ 42,43 Bonds, prices, sales, value, yields ---------- 32,33 Fuels 45, 47 Book publication ------------------------51 Furniture . Boxes, paper, shipping ___________________ 51 Gas, customers, sales, revenues 38 42 Brass _______________________________________ 49 Gas and fuel oils Brazil, coffee; exchange; United States G asoline 43 54 trade with_________________________31,,34,41 General Motors sales 22,27,52 Brick ..... _____________________________ 52 Glass and glassware Brokers' loans ____________________________ 30 Gloves and mittens . 43 31 Bronze _________________________________ 49 Gold Building contracts awarded _______________ 24 Goods in warehouses 26 __ 23,39,40 Building costs ___________________________ 25 Grains 45 Building materials ___________ 24,25,44,45,,47,52 Hardware^ sales Business activity irjdex (Annalist) ---------44 22 Hardwoods 52 Business failures ___________________ » ----- 30,31 Heels, rubber .. 43 Butter _______________ ..... _ ......... --39 Hides and skins 55, 56 Hogs __ 40,41,43 Canadian statistics _______________________ 52 Candy......_____________________________ 41 Hosiery 28,29,35 Canal traffic ____________________________ 35 Hotels 23,25 Capital issues..., ________________________32 Housing 28,29 Carloadings ________ ................... -- 22,35 Illinois, employees, factory earnings 34 Cattle and calves ________________________ 40,43 Imports 32 Cement.....______. ............... 22,27, 29,52 Income-tax receipts Chain store sales _________________________ 26 26, 27 Incorporations, business 22 Cheese _________________________________ 39 Industrial production, indexes Chile, exchange; United States trade with... 31,34 Installment sales, New England 27 Cigars and cigarettes _____________________ 42 Insurance, life 31 Clay products ........... - ...... 23, 24, 27, 29, 52 Interest payments 33 Clothing ........ _ .............. 24, 27, 28, 29, 52 Interest rates 30 30 Coal ____ ......................... 22,28, 29,42 Investments, Federal reserve member banks. 22,45 Cocoa __________________________________ 41 Iron, ore; crude; manufactures Coffee ..... _ .................. _ ......... 23,41 Italy, exchange; United States trade with... 31,34 42 Japan, exchange; United States trade with.. 31, 34 Coke ______________________ ............. 26 Kerosene Collections, electrical trade --------------43 Commercial paper ----------------------30 Labor, turnover, disputes, applicants, placements 28 Communications _________________________ 35 Lamb and mutton 41,43 Construction: Contracts awarded, indexes and value ---41 24 Lard 49 Costs.....____________________________ 25 Lead 22,23,24,27.28,43 Highways _____________________________ 25 Leather 54 Material costs . _______________________ 25 Leather, artificial Volume _______________________________ 25 Liberty bonds 33 Copper _______________ ......... _ ..... 22, 23,48 Life insurance 31 37 Copper wire cloth ______________ ---------49 Linseed oil, cake, and meal 23,40,41,43 Copra and coconut oil ____________________ 37 Livestock Corn _____________________________________39 Loans, agricultural, brokers', time 30 Cost of living index ______________________ 55 23 Locomotives Cotton, raw and manufactures ____________23,53 Looms, woolen, activity 54 Cottonseed, cake and meal, oil ____________ 37 Lubricating oil 43 22,23,27,44,45 Crops_________________________23,37,39, 40,53 Lumber 44 Dairy products __________________________ 23,39 Lumber yards, gales, stocks 53,54 Debits, bank ____________________________ 30 Machine activity, cotton, silk, wool Debt, United States Government ---------27,29,34,48,49 32 Machinery, 48 Department store tales and stocks --------27 Machine tools, orders, shipments 25,26 Deposits, bank __________________________ 30 Magazine advertising 22 Disputes, labor __________________________ 28 Manufacturing 23 Dividend payments. --------------------33 Marketings, agricultural, forest products 28 Douglasfir______________________________ 44 Maryland, employment., 28 Earnings, factory ____ „ ___________________ 29 Massachusetts, employment 40,41 Eggs ___________________________________ 23,41 Meats Electric power, production, sales, revenues..- 22,38 Metals „ 22,23,27,45 Electrical energy, consumption index ------- 22,23 Methanol . ..." 36 42 Electrical equipment _____________________ 49 Mexico, petroleum production and exports. _ Silver production 32 Electric railways _________________________ 34 United States trade with 34 Employment: Cities and States ______________________ 28 Milk 39 Factory, Federal Reserve Board indexes.. 27,28 Minerals 22,42,45,48 31 Nonmanufacturing _____________________ 28 Money in circulation Miscellaneous data__. __________________ 28 Naval stores 23,36 35 Netherlands, exchange 31 Emigration___________________________... 46,47 New Jersey, employment, pay rolls 28,29 Enameled ware __________________________ Engineering construction _________________ 24 Newsprint 50 England, exchange; United States trade with. 31,34 New York, employment, pay rolls, canal Exchange rates, foreign ___________________ 31 traffic 28,29,35 30,32,33 Expenditures, United States Government ____ 32 New York Stock Exchange 30 Explosives ______________________________ 36 Notes in circulation Page Oats 39 Oceania, United States trade with 34 Ohio employment 28 Ohio River traffic 35 Oils and fats 36,37 Oleom ar garine 37 Orders, indexes, new and unfilled 23 Paints 38 Passengers, street railways; Pullman 34,35 Passports issued. _ _ 35 Paper and pulp 22,23,27,50,51 Pay rolls: Factory, Federal Reserve Board 29 Factory, by States 29 Nonmanufacturing industries 29 Pennsylvania, employment 28 Petroleum and products . 22,27,42,43 Pig iron 22,45 Pork „__. 41 Postal business 26 Postal savings 30 Poultry 23,41 Prices: Cost of living, indexes 23 Farm, indexes 24 Retail, indexes 24 Wholesale, indexes 24 Printing 51 Production, industrial 22 Profits, corporation 32 Public finance 32 Public utilities 28,34,35,38 Pullman Co 35 Pumps 48 Radio, advertising 25 Railroads; operations; equipment; financial statistics 35,55 Railways, street 34 Rayon 53 Reai-estate-market activity 25 Registrations, automobiles 54 Rents, index . 23 Retail trade: Chain stores— 5 and 10 __ 26 Grocery 26 Restaurant 27 Department stores 27 Mail order 27 Roofing. „ 38 Rice. __ 39 Rubber, crude; scrap; clothing; footwear; tires 22,23,27,51.52 Rye 40 Sanitary ware 46 Savings deposits 30 Sheep and lambs 41 Shoes 22,27,28,29,44 Shipbuilding 22, 27, 55 Silk 23,53 Silver __ _ 22,32 Skins 43 Softwoods 44 Spain, exchange 31 Spindle activity, cotton 53 Steel, crude; manufactures 22,47 Stockholders 33 Stock indexes, domestic and world __ 23 Stocks, department stores 27 Stocks, issues, prices, sales, yields 32,33 Stone, clay, and glass products 22.23,28, 52 Sugar 23,41 Sulphur 36 Sulphuric acid 36 Superphosphate 36 Tea 23,41 Telephones and telegraphs 35 Terra cotta 52 Textiles, miscellaneous products.. 54 Timber 44 Tin.. 23,49 Tires 22,27,51 Tobacco 27,42 Tools, machine 48 Trade-unions, employment 28 Travel 35 Trucks and tractors, industrial electric 55 United Kingdom, exchange; United States trade with 31,34 Uruguay, exchange 31 United States Steel Corporation 29,33,47 Utilities _. 28,29,32,34,35,38,55 Vegetable oils.... 37 Vegetables 23,39 Wages _ 25,29 Warehouses, space occupied 26 Waterway traffic ... 35 Wheat and flour.__ _ 23,40 Wholesale prices 24 Wisconsin, employment; payrolls 28,29 Wood pulp _. 50 Wool _._ 22,23,54 Zinc 22,49 Mr. A asked these questions ? ? ? ? ? I sold $100,000 worth of goods in a certain State. Can I sell more there? From what sections did these sales come? Are my sales efforts distributed reasonably well throughout the State in order to bring in a maximum of profitable business? Do my promotional efforts line up satisfactorily with the sales efforts and sales opportunities? Am I overworking any parts of the State and underworking any others? If Mr. A in regard to Connecticut he will find much of the information he needs already tabulated, with clarifying remarks and charts, in a study of the city, urban, and rural markets of this State by Charles B. Eliot, Chief, Market Data Section, Domestic Regional Division— AN AID FOR ANALYZING MARKETS IN CONNECTICUT Send 5 cents to the Superintendent of Documents, United States Government Printing Office, Washington, D. C., or any district office of the United Slates Department of Commerce*