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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*