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SEPTEMBER 1933 SURVEY OF CURRENT BUSINESS UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE WASHINGTON VOLUME 13 NUMBER 9

Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

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Page 1: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

SEPTEMBER 1933

SURVEYOF

CURRENT BUSINESS

UNITED STATESDEPARTMENT OF COMMERCEBUREAU OF FOREIGN AND DOMESTIC COMMERCE

WASHINGTON

VOLUME 13 NUMBER 9

Page 2: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

U.S. DEPARTMENT GO E R C E * DANIEL G. ROPER, Secretary

BUREAU OF FOREIGN AND DOMESTIC COMMERCE WILLARD L. T H O R P , Director

Assistant Director: H. RUSSELL AMORYAdministrative Assistant: WHAETON MOORE Editor "Survey of Current Business ": M. JOSEPH MEEHAN

Commodity Divisions and Chiefs

As a result of the recent reorganization in the Bureau, a number of commoditydivisions have been consolidated, as indicated below.

Aeronautics Trade-—Automotive: A. W.Childs.

Agricultural Implements—Industrial Ma-chinery: Walter H. RastaU.

Chemical:'Charles C Concannon.Electrical Equipment: Marshall T. Jones.Foodstuffs: Edward G. Montgomery.Iron and Steel: Luther Becker.

Wilbur J. Page.Utilization: A. H.

Leather—Rubber—ShoeLumber—Paper— Wood

Oxholm,Minerals: James W. Furness.Specialties—Motion Pictures: Eric

King.Textiles: Edward T. Pickard.Tobacco: B. D. Hill.

T.

Technical Divisions and Chiefs

Commercial Intelligence: Arthur S. Hillyer.Commercial Laws: C. J . Junkin.Economic Research: E. A. Tupper, Acting

Chief.Editorial: Griffith Evans.Finance and Investment: Grosvenor Jones.Foreign Tariffs: Henry Chalmers.

Marketing Service: Edwin B. George.Regional Information: Louis Dome-ratzky.Statistics: Walter Asmuth, Acting Chief.Section Customs StaiUticij New York: L. J.

Ma honey.Transportation and Communication: Thomas

E. Lyons, Acting Chief.

Administrative Divisions and Chiefs

Correspondence: Royal H. Bragel. Foreign Service: Walter L. Miller.District Offices: Harold Dotterer.

District 0Sices

Address District Manager, Bureau of Foreign and Domestic Commerce

Atlanta, Qa.: 504 Post Office Building.Birmingham, Ala.: 257 Federal Building.Boston, Mass.: 1800 Customhouse.Buffalo, N.Y.: Chamber of Commerce Building.Charleston, 8.C.: Chamber of Commerce Building.Chicago, III.: Suite 1706, 201 N. Wells Street.Dallas, Tex.: Chamber of Commerce Building.Detroit, Mich.: 801 First National Bank Building.Houston, Tex.: Chamber of Commerce Building.Jacksonville, Flo.: 18 Chamber of Commerce Building.Kansas City, Mo.: Care of Chamber of Commerce, 1028 Baltimore Avenue.Los Angeles, Calif.: 1163 South Broadway.Louisville, Ky.: 408 Federal Building.Memphis, Tenn.: 229 Federal Building.Minneapolis, Minn.: 218 Federal Building.New Orleans, La.: Boom 225-A, Customhouse.New York, N.Y.: 784 Customhouse.Norfolk, Va.: 406 E. Plume Street.Philadelphia, Pa.: Suite 033, Commercial Trust Building.Pittsburgh, Pa.: Chamber of Commerce Building.Portland, Oreg.: 215 New Post Office Building.St. Louis, Mo.: Suite 1216, 506 Olive Street.San Francisco, Calif.: 811 Customhouse.Seattle, Wash.: 809 Federal Building.

Cooperative Offices

[.Except where otherwise indicated, the address is : Foreign Trade Secretary, Chamber ofCommerce]

Akron, Ohio.(1) Anniston, Ala.(2) Baltimore, Md.Beaumont, Tex.Binghamton, N.Y.(3)"Bridgeport, Conn,(3) Chattanooga, Tenn.Cincinnati, Ohio,Cleveland, Ohio.Cohimrus, Uai.Columbus, Ohio.Dayton, Ohio.Erie, Pa.

Fort Smith, Ark.Fort Wayne, Ind.Fort Worth, Tex.Greensboro, N.C.(3) Hartford, Conn.(4) Indianapolis, Ind.Keokuk, Iowa.(4) Lake Charles, La.

Laredo, Tex,Longview, Wash.Lowell, Mass.Mobile, Ala.Newark, N.J.

New Haven, Conn.Oakland, Calif.Oklahoma City, Okla.Omaha, Nebr.Pensacola, Fla.(5) Portland, MaineProvidence, R.I.(6) Raleigh, N.C.Richmond, Va.Rochester, N.Y.Rockford, 111.San Antonio, Tex.San Diego, Calif.

South Bend, Ind,Spokane, Wash.Springfield, Mass.Syracuse, N.Y.Tacoma, Wash.Tampa, Fla.Toledo, Ohio.Trenton, N.J.Tulsa, Okla.Waterbury,Conn.Wichita, Kans.Wilmington, Del.Worcester, Mass.

(1) United Chambers of Commerce. (2) Export and Import Bureau, Associationof Commerce. (3) Manufacturers' Association. (4) Association of Commerce.(5) Associated Industries of Maine. (6) Department of Conservation and Development.

Foreign OfScesRequests for foreign commercial and economic information based on the investigations

of this Department's foreign offices should be addressed to the Bureau of Foreign andDomestic Commerce in Washington or to the nearest district office. Commercialattaches and trade commissioners are not permitted to reply to direct inquiries fromAmerican firms. Such inquiries, when received by this Department's foreign offices, areturned over to the Consular Service of the Department of State for such service to theinquirer as is permitted by the Consular Regulations.

For the benefit of business men who contemplate travel abroad, the addresses of thisDepartment's foreign offices are listed below. Asterisks indicate those offices which arc-in charge of trade commissioners, the others being in charge of commercial attaches.

Athens, Greece: 1 Bucharest Street.*Batavia, Java, Netherland East Indies: Kali Besar, West 2.Berlin, Germany: Bellevuestrasse 8.Bogota, Colombia: Edificio del Banco Hipotecario de Colombia. (Mail: Apartado 798.)Brussels, Belgium: 27 Avenue des Arts.Buenos Aires, Argentina: Avenida R. S. Pena 567.Cairo, Egypt: Apartment no. 7, 4 Rue Baehler (Kasr el Nil).^Calcutta, India: 10 Clive Street.Copenhagen, Denmark: Toldbodvej 7-b.Habana, Cuba: Obispo 7. (Mail: Apartado 2229.)The Hague, Netherlands: American Legation.Istanbul, Turkey: American Embassy, Rue Cabristan.Johannesburg, South Africa: 42 Standard Bank Chambers, Commissioner Street.Lima, Peru: Edificio Italia, Calles de Coca y Jesus Nazereno.London, England: Bush House, Aldwyeh, London, W. C. 2.Madrid, Spain: Avenida Conde Penalver 18.* Manila, P.I.: 410 Heacock Building.Mexico City, Mexico: Paseo de la Reforma no. 2.Ottawa, Canada: United States Legation Building. (Mail: Box 547.)Panama City, Panama: National City Bank Building, Avenida Central. (Mail: Box 346.)Paris, France: 5 Rue de Chaillot.Prague, Czechoslovakia: Ara Building, Perlova 9.Rio de Janeiro, Brazil: Edificio Costa, Avenida Rio Branco 114.Rome, Italy: American Embassy, Rome (5).Santiago, Chile: 7° Piso, Edificio Sud America, Casilla, 27-D.Shanghai, China: Box 605, 3 Canton Road.* Singapore, Straits Settlements: Room 7-a Ocean Building.Stockholm, Sweden: Kungsgatan 30.* Sydney, Australia: Yorkshire House, corner Pitt and Spring Streets.Tokyo, Japan: American Embassy.Vienna, Austria: I Bosendorferstrasse 13.Warsaw, Poland: Bracka 18.

Page 3: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

Volume 13 SEPTEMBER 1933WEEKLY DATA THROUGH AUGUST 26, 1933

MONTHLY DATA THROUGH JULY

Number 9

SURVEY OFCURRENT BUSINESS

PUBLISHED BY

UNITED STATES DEPARTMENT OF COMMERCE

BUREAU OF FOREIGN AND DOMESTIC COMMERCE

WASHINGTON

CONTENTS

SUMMARIES AND CHARTSPage

Business indicators 2Business situation summarized 3Comparison of principal data, 1929 to 1933 4Commodity prices .- 5Domestic trade 6Employment 7Finance:

Credit and banking 8Security and money markets 9

Foreign trade 10Real estate and construction 11Transportation 12Survey of individual industries:

Automobiles and rubber 13Chemicals 14Farm and food products 15Forest products 16Iron and steel 17Textiles. • , 18

STATISTICAL DATANew and revised series:

Employment, pay rolls, and wages:Employment and pay rolls—Revised series on Pennsylvania,

Philadelphia, New Jersey, and Delaware 19Construction wage rates, new series 19

Construction contracts awarded—Revision of data on nonresi-dential and commercial buildings, public works, and publicutilities 20

Weekly business^statistlcs 21

STATISTICAL DATA—Continued

Monthly business statistics: PageBusiness indexes 22Commodity prices 23Construction and real estate 24Domestic trade 25Employment conditions and wages 27Finance 30Foreign trade 34Transportation and communications 34Statistics on individual industries:

Chemicals and allied products 36Electric power and gas 38Foodstuffs and tobacco 39Fuels and byproducts 42Leather and products 43Lumber and manufactures 44Metals and manufactures:

Iron and steel 45Machinery and apparatus 47Nonferrous metals and products 48

Paper and printing 49Rubber and products 50Stone, clay, and glass products 51Textile products 52Transportation equipment 54

Canadian statistics 55Index of revisions made in December 1932 and June 1933 issues 56General index Inside back cover

Subscription price of the SURVEY OF CURRENT BUSINESS is 31.50 a year, which includes the 12 monthly numbers, the 1932 annualsupplement, and the 52 weekly supplements. Single copy price: Monthly, 10 cents; weekly, 5 cents; annual, 40 centa.

Foreign subscriptions, 33, including weekly and 1932 annual supplements. Make remittances only toSuperintendent ofjDocuments, 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

7574—33 1

Page 4: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

SURVEY OF CURRENT BUSINESS September 1933

Business Indicators1 9 2 3 - 2 5 = 100

160INDUSTRIAL PRODUCTION

•TOTAL (ADJUSTED)

160FACTORY EMPLOYMENT AND PAYROLLS

PAYROLLS (UNADJUSTED)

EMPLOYMENT (ADJUSTED) °

160TOTAL FREIGHT CAR LOADINGS

2 0 0

100

DEPARTMENT STORE SALES

oo

-J

1 111

y

111111

UNADJUSTED

La*J

1 111 111! I! 1

L, '

Mill 1 1 !

S11

XT'-0

\

2 0 0

100

VALUE OF EXPORTS

VV A lrADJL

200

100

BANK DEBITS OUTSIDE NEW YORK CITY

* f ^ S * * * ^ /UNADJUSTED

11111111111

1 9 2 9 1 9 3 0 1 9 3 1 1 9 3 2 1 9 3 3

* ADJUSTED POK SEASONAL VARJAT/ON * REPORTING MEMBER BANKS

IG0INDUSTRIAL PRODUCTION

^ MANUFACTURES (ADJUSTED)9

f MINERALS (ADJUSJED)

I | 1 1 1 | | 1 1 | | ! I ! 1 1 1 I i 1 1 1 1

2 0 0

100

CONSTRUCTION CONTRACTS AWARDED

UNADJUSTED

-ADJUSTED®

160FREIGHT CAR LOADINGS L.C.L.

{UNADJUSTED

rADJUSTED®

160WHOLESALE PRICES

sFARM PRODUCTS

200

100

VALUE OF IMPORTS

~UNADJUSTED

M l l l l

160

100

40

FEDERAL RESERVE MEMBER BANK LOANS*

i 9 2 9 1 9 3 0

ALL OTHER (COMMERCIAL)

1931 1932 I 933

Page 5: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SUKVEY OF CURKENT BUSINESS

Business Situation SummarizedBUSINESS activity lias tended downward since the

middle of July, although the recession has beenmoderate and has been due partly to belated seasonalinfluences. Production in most of the major indus-tries, including automobiles, steel, lumber, textiles,electric power, boots and shoes, and tobacco manufac-turing has fallen below the peak, although in most ofthese industries the declines have not been pronounced.Usually, there is a slight seasonal improvement inAugust, but this year the normal early summer down-trend was delayed until the latter part of July.

In July, the index of industrial production, adjustedfor the usual seasonal movement, advanced 7.7percent to 98 percent of the 1923-25 average, thehighest since June 1930. Production for the monthwas 68 percent higher than in 1932, 20 percent higherthan in 1931, and also 5.4 percent greater than inJuly 1930. For manufactures alone the index at99 was the highest since May 1930. The widestincrease for the month was in the iron and steelindustry in which production was 39 percent aboveJune. Automobile output, after adjustment, increased6 percent; lumber production 21 percent; and cementproduction 10 percent. Some of the major industriesproducing consumers' goods reported operations slack-ening from the exceptionally high level reached in June,while others showed a halt in the upward trend.The adjusted index for textiles was off 3 percent andthat for tobacco manufactures 13 percent. Theindexes for the foodstuffs and leather and shoe indus-

tries were unchanged. Machine tool orders spurtedsharply in July, the index rising 35 percent above June.

July statistics reveal no improvement in the dis-parity between the rise in production and in consump-tion, although preliminary August data indicate amore favorable trend. Retail sales in July droppedsharply in accordance with the usual seasonal move-ment. The index of l.c.l. freight movements increasedonly 4.5 percent in July and the gains ceased in the firsthalf of August. Such important consumers of ma-terials as the railroads and the construction industryhave not yet resumed purchases on an importantscale. Construction contracts awarded in July weresmaller than the low total in June, although in thefirst half of August there was a slight improvement.

Increases in factory employment were general in July,the gain for the month as compared with June being 7.4percent. The number at work was one fifth larger thana year ago. The total number returned to work in Julywas estimated at 400,000. Factory pay rolls increased 8percent and were 26 percent higher than a year ago.

The rise in wholesale prices was rapid in the first3 weeks of July, but the movement was halted in thefinal week, and the index has remained just below 70percent of the 1926 average up through the third weekof August. Retail prices and the cost of living roserather sharply in July. Up to the present the rise inpay rolls has outstripped the advance in retail pricesand other living costs, which until July had shownonly a moderate upward movement.

Year and month

1930: July1931: July1932:

JulyAugust -SeptemberOctoberNovember..December

1933:JanuaryFebruaryMarchAprilM a yJuneJuly

Monthly average, Jan-uary through July:

193119321933

MONTHLYIndustrial production

Unadjusted l

Tot

al

9180

565968686560

64656168799094

866474

Man

ufac

ture

s

8979

555866666358

63635968799194

866374

1I

100861

626673807872

71767465768290

856976

A d j u s t e d 2

Tot

al

9382

586066666566

65646067779198

_______

Man

ufac

ture

s

9282

575965656464

64625766779299

Min

eral

s

10086

646570747576

73798172788492

BUSINESSFactory em-ployment

and pay rolls

Num

ber

of e

mpl

oy-

ees,

adj

uste

d 2

86.675.1

58.358.860.361.161.260.6

59.459.456.657.760.664.870.1

77.363 861.2

Am

ount

of p

ayro

lls,

unad

just

ed

INDEXESFreight-car loadings

Total

Una

djus

ted

1

Adj

uste

d 2

Monthly average, 1922

82.664.4

39.640.142.143.541.840.9

39.240.036.938.642.046.249.9

70.647 941.8

9578

515361655852

51514851566066

765555

9276

515154575758

56545053566065

Merchan-dise, I.c.1.

Una

djus

ted

1

Adj

uste

d 2

-25= 100

9487

686872727064

65646365686770

887366

9588

696869696869

69666263666770

Departmentstore sales,

value

Una

djus

ted

1

7166

4649717573

106

49495068676449

876557

Adj

uste

d 2

10092

656568696360

60605767676871

Foreigntrade, value,adjusted 2

Exp

orts

8054

323133333233

31292829323643

603833

Impo

rts

7459

272932323230

29262625324048

563632

{£0

Ban

k de

bits

out

sid<

Yor

k C

ity

117.393.4

63.459.659.662.655.465.0

61.152.748.753.858.365.770.4

98.568.658.7

S3si ^

t_i_

Con

stru

ctio

n co

ntra

type

s, v

alue

, ad

jus

9561

273030292728

22191414161822

702718

•*#

fl-

Who

lesa

le

pric

e in

dco

mm

odit

ies

Monthlyaverage,1926=100

84 472.0

64.565.265.364,463.962.6

61.059.860.260.462.765.068.9

74.765 462.6

1 Adjusted for number of working days. 2 Adjusted for seasonal variation.

Page 6: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

SURVEY OF CURRENT BUSINESS September 1933

Comparison of Principal Data, 1929 to 1933I FIRST 7 MONTHS VW///////A REMAINDER OF KEAR

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

50 100 150 200 250 300 350

CONSTRUCTION CONTRACTS AWARDED -(BILLIONS OFDOLLARS)

STEEL INGOT PRODUCTION - (MILLIONS OF TONS)

lo io1933 [ • • ^ g ^ i1932 • • • E ^ ! ]

is29iBnHBBBi

20 30

W////////

40

y////(////,

50

y//A V//A

60 70

AUTOMOBILE PRODUCTION- (THOUSANDS OF CARS)

lo IOOO

1933 | H ^ ^ g ^ ^ |1932|BBB^̂ mi>Z l̂1931 M M M t e i

19 3 0 k^^H^H^^tfI9Z9 • M M M 1

2000

111I,,M,,,,I,II,,, pun,.

3000 4000 5000

FREIGHT CAR LOADINGS -(MILLIONS OF CARS)

lo 10 20 30 40 501 1 i t .

1933 (•npBBBpnB^i

IQ.^O | B B H ijip''ill ml•awiHMi^^^19 29 J l l l l I I ^

Page 7: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS

Commodity PricesRETAIL prices advanced sharply from June to July.

^ As a result of this upward swing the cost of livingadvanced over 3 percent and the purchasing power ofthe dollar in domestic markets was thereby reduced.The Bureau of Labor Statistics index of retail foodprices in 51 cities increased more than 8 percent in themonth ending July 15, with the rate of advance, bycities, ranging from 3 to 14 percent. The index nowstands at 105, with average prices in 1913 equal to 100.Price increases for individual commodities amounted toas much as 9 percent for bread, 10 for butter, 18 forflour, 22 for strictly fresh eggs, and 57 percent for pota-toes. Fairchild's retail price index of department-storearticles showed a gain of over 5 percent.

Cost of living, according to the index prepared bythe National Industrial Conference Board, advanced3.3 percent. This was the third consecutive monthlyincrease. In addition to the increase in food pricesthere was a gain of 3.7 percent in clothing prices, onehalf of 1 percent for fuel and light, and 1.1 percentfor sundries. Rents continued to decline, but thedownward change was small, amounting to only threetenths of 1 percent.

Wholesale prices have recently shown a tendenc}^to level off. The uninterrupted rise in the Bureau ofLabor Statistics weekly index, which started in thesecond week of March, was broken in the last week

of July, and little change in the index was recordedduring the first 3 weeks of August. Advancing pricesduring most of July brought the index 6 percent abovethe June average and 7 percent above the index forJuly 1932. It now stands at approximately 70 percentof the 1926 level.

Gains in wholesale prices in July were generalthroughout the list, with only one group, chemicalsand drugs, showing a decline. Of the subgroups onlytwo, meats and chemicals, registered declines. Therate of advance varied widely among the several groups,with the widest gain among the more important com-modities, 28 percent, being scored by the grains. Anincrease of 48 percent was recorded for cattle feed;crude rubber advanced 29 percent. As in June, themost pronounced price gains, other than in the farmproducts and food groups, occurred in the textilegroup. Prices of cotton goods increased 20 percent,clothing 10, knit goods 8, silk and rayon 8, whilewoolen and worsted goods increased but 5 percent.

The rapid advance in the price of farm productssince February 1933 has done much to improve theeconomic position of the farmer; especially so sincethe increase in the prices of commodities other thanfarm and food products has been much more moderate.From February to July these indexes have risen 47and 9 percent, respectively.

INDEXES OF COMMODITY PRICES

Wholesale (Department of Labor)

Year and month

'(Economic classesji

tii

Groups

fi

Oth

erp

rod

uc

fi

Monthly average 1926=100

84.472.0

64.565.265.364.463.962.6

61.059.860.260.462.765.068.9

74.765.462.6

86.676.1

70.570.770.469.669.368.4

66.765.765.765.767.269.072.2

78.471.067.5

81.164.3

54.755.756.254.654.252.1

50.248.449.450.053.756.261.8

68.155. 552.8

79.869.3

55.557.960.760.758.957.7

56.956.356.957.361.365.369.1

71.459.560.4

83.164.9

47.949.149.146.946.744.1

42.640.942.844.550.253.280.1

68.849.047.8

74.149.0

36.738.237.434.433.231.7

32.932.736.044.852.857.473.4

58.042.547.1

86.874.0

60.961.861.860.560.658.3

55.853.754.656.159.461.265.5

76.261.4

i 58.0

91.873.4

62.061.960.956.453.749.4

49.550.250.550.352.352.450.8

79.059.650.9

84.573.9

69.770.170.470.269.869.0

67.366.065.865.366.568.972.2

76.270.767,4

88.578.1

69.769.670.570.770.770.8

70.169.870.370.271.474.779.5

81.172.372.3

88.378.9

73.073.372.972.772.472.3

71.671.371.271.473.273.773.2

81.574.472.2

78.062.9

72.372.170.871.171.469.3

66.063.662.961.560.461.565.3

67.269.863.0

100.889.4

68.669.772.272.871.469.6

68.968.068.169.476.982.486.3

88.074.574.3

93. 185.7

74.073.673.773.773.773.6

72.972.372.271.571.773.474.8

87.376.072.7

90.884.3

79.280.180.180.379.679.4

78.277.477.276.977.779.380.6

85.680.478.2

79.766.5

51.552.755.655.053.953.0

51.951.251.351.855.961.568.0

68.756.055.9

11ft o

|

Mo.average1923

100

P

si '

illMo.

average1909 to1914=

100

Retail

Mo.average1913=

100

JLDec.1930

(Jan. 1,1931) =

1001930: July1931: July1932:

JulyAugustSeptemberOctoberNovemberDecember

1933:JanuaryFebruaryMarch,._AprilMayJuneJuly

Monthly average,January throughJuly:

193119321933

76.669.7

64.364.664.764.163.763.4

61.259.258.957.858.960.864.0

71.064.660.1

95.285.9

77.076.876.676.175.675.1

73.772.171.871.572.172.875.2

88.178.972.7

11179

575959565452

51495053626476

144119

1011011001009999

959191909497

105

12410495

90.3

74.073.673.673.372.671.8

71.169.969.769.470.472.376.1

94.377.871.3

Page 8: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

6 SURVEY OF CURRENT BUSINESS September 1933

Domestic TradeA VAILABLE indexes of consumer purchasing cov-

±\. ering the period from the banking holiday up toAugust fail to record an expansion in domestic tradecommensurate with the rise in productive activity. Asa result, the gap between production and consumptionwidened during this period. However, scattered andincomplete data for the first 3 weeks of August revealsome correction of this condition. Trade is reportedto have increased while production of goods has beencurtailed to a moderate extent. August usually marksthe start of the fall rise in consumer expenditures, andthe purchasing power resulting from higher pay rollsshould from now on be reflected in sales totals.

Department-store sales, following the usual seasonaltendency, fell off sharply during July and the dollarvalue of sales was approximately the same as in eachof the first 3 months of the year. The Federal Re-serve Board's index, adjusted for seasonal variations,registered a slight advance from June to July. Mak-ing allowance for the increase in retail prices betweenthe 2 months' sales of department stores show aslightly greater than seasonal decline in the physicalvolume of merchandise moved. Compared with Julyof 1932, the dollar value was about 6.5 percent greaterbut was about 23 percent below July of 1931. De-partment-store stocks have been built up moderately,the adjusted index advancing 13 percent from Aprilto July. Variety chain-store sales declined in July butwere 4.2 percent larger than a year ago.

Sales of merchandise by mail-order houses, includingsales through their retail stores, followed the customaryseasonal tendencies in July. The upward trend whichhad continued since February was reversed, and salesfell back to below the April level. Nevertheless thetotal value of sales through these outlets was 4.7 per-cent above July 1932, and the total for the year todate is only 9 percent less than in the correspondingperiod of last year.

Freight shipments in less than carload lots advanced4.5 percent to the highest total for the year to date.In July the adjusted index was higher than in anyother month since 1931. In the first 3 weeks ofAugust the movement tended to level off.

Commercial failures, which have consistently be-come smaller in each month since the first of the year,were still further reduced in July. The total of 1,421 was14 percent less than in June and the least number sinceSeptember 1924. The liabilities involved likewise de-clined and the total was the smallest reported since July1920. Compared with the first 7 months of 1932, thenumber of commercial failures this year was 29 percentless, and the liabilities involved 43 percent smaller.

Advertising linage showed a decline, but the totalsfor both magazines and newspapers compared favor-ably with the July totals in 1932. Postal receipts,which have displayed relatively little variation through-out the first half of the year, increased about 2 percentin June for the second consecutive month.

DOMESTIC TRADE STATISTICS

Department-store sales

Year and monthUnad-just-ed i

Ad-just-ed 2

Department-store stocks 3

Unad-just-

ed

Ad-just-ed 2

Freight-carloadings, mer-lchandise l.c.1.

Unad-just-

ed

Ad-just-ed 2

Chain-store sales

Com-binedindex

(20 com-panies)

Monthly average, 1923-25=100Avg. samemo. 1929-

31-100

5- and 10-cent(variety) store

sales

Unad-justed

Ad-justed

Mailorderandstore

sales, 2houses

Commercialfailures

Advertisinglinage

Postalreceipts,

50 se-lectedcities Fail-

uresI Liabil- j Maga- News-! ities il zine

Busi-!! nessi| incor-i| pora-;| tions,

paper 'states

Monthly aver-age 1923-25 -

100Thousands of

dollarsNum- I Thou- ;

sandsThou- ; Mil- ;:sands lions of;:i . sanus ij baims : nuns c

D i I i of dolls.:! of lines! lines

Num-ber

1930: July1931: July1932:

JulyAugust.. . . -SeptemberOctober... ,November jDecember... i

1933: iJanuary JFebruary iMarch . IApril !May iJune |Ju ly i

Month ly average, Jan- Iuary through July: I

1931 I1932. . . . . . .1933

7166

4649717.573

106

49495068676449

10092

95

82

139140

118118123142130226 !

100103110129126125123

143

153148

135127135133129117

135138121140130137142

127 I.117 I.

48, 79045, 093

32, 07333, 77739,15645,42341,28151, 556

26,95826,17627, 55435, 36537, 77838,98633,566

45, 80135, 56332,340

26, 76124, 578

23, 78923,85125, 77026, 71126,10933,097

24,67422, 55924,42223,81024,39324, 988

1

a 28,216 i"24,158 !,o24,141

2,028 39,826 H 2,3111,983 60,998 jj 1,904

2,5962,7962,1822,2732,0732,469

2,9192,3781,9481,9211,9091,6481,421

87,190 :77,031 !56,128 I52,870 |53,621 i64,189 i

79,101 I65,576 !48,50051,098 !47,972 I35,345 !27,481 I

1,323928987

1,2461,3641,252

1,2661, 5841,7911,9101,9221,7461,315

2,441 I 61,642 il 2,7!2,861 i 89,211 i: 2,013 j2,021 ! 50,725 |j 1,648 I

72 167 j

50 !50 :62716461

52475060626149

81 :66 |54 !

2,806

2, 5342,9092,6612,5922,4582,681

3,3072,8392, 6742,6653,3732, 9332,402

3,1213, 0032,742

1 Corrected to average daily sales. 2 Adjusted for seasonal variation. 3 End of month figures. « 6 month's average.

Page 9: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS

EmploymentFURTHER improvement in productive activity

from the middle of June to the middle of Julyresulted in a continued upward trend of employmentand pay rolls for this period. In view of the moderaterecession in business activity since the middle of July,it is probable that the upward trend was retarded inAugust. The adoption of codes of fair competitionfor a number of the large industries, including thepetroleum, iron and steel, lumber, and automobile in-dustries is expected to enlarge employment oppor-tunities.

The rise in employment in July was the result of the7.4 percent increase in manufacturing industries.This represented a real gain since the usual seasonalchange for the month is slightly downward. All of themajor groups, with the exception of the tobacco in-dustry where the loss was less than the usual seasonaldrop, reported a larger number employed than in theprevious month. Of the 89 individual industriesreporting to the Bureau of Labor Statistics, 77 hadmore employees than a month earlier. The 12 indus-tries reporting decreases in employment were lines inwhich a seasonal loss is usual for the month. The moreimportant increases (amounting to 10 percent or more)were in the iron and steel, lumber, automobile, non-ferrous metals, and rubber products industries.

Factory pay rolls were also larger in all major groups,excepting tobacco, where the total was the same as inJune. Since the low touched by the Federal ReserveBoard's index in March, pay rolls have expanded overone third and in July were one fourth higher than a

year ago. The total for the first 7 months was 13percent less than last year, notwithstanding the factthat the production index averaged 17 percent higherthan in 1932. Employment so far in 1933 in manu-facturing averaged 3.8 percent less than last year.

The nonmanufacturing indexes reflected a lessfavorable condition, owing to the drop of 4.7 percent inthe retail trade group which is the most important ofthese industries. A loss in this field is usual for themonth, as retail sales fall off sharply in July. Three ofthe 15 other groups—telephone and telegraph, dyeingand cleaning, and building—also reported decreases.Aside from the seasonal increase of 38 percent in thecanning and preserving industry, and the 11 percentgain in anthracite mining, increases were not large.Pay rolls were higher in all but five groups. Thelargest relative increases were the 26 percent gain inthe canning and preserving industry, and the 15 per-cent increase in the bituminous coal industry.

Employment among trade-union members reportingto the American Federation of Labor did not improvein July, with 31 percent of the membership unemployedand an additional 21 percent on part time. All theprincipal trades reported the number without workthe same as in June.

Average weekly earnings of factory workers con-tinued to expand in July, the increase over Juneamounting to 3.6 percent and over a year ago to 24 per-cent. Average hourly rates have improved onlyslightly from the June low.

STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES

Year and month

1930: July1931: July1932:

August ._.SeptemberOctoberNovemberDecember

1933:JanuaryFebruaryMarchAprilMay.JuneJuly

Monthly average,January throughJuly:193119321933

Factory employmentand pay rolls, F.R.B.

Employment Payrolls

Unad-justed

A d - Unad-justedij| justed

Monthly average,1923-25=100

85.573.8

57.258.661.562.060.959.6

58.159.256.757.860.064.168.9

76.563.160.7

86. 67 5 . 1 I

58.3 !58.860.361.161.260.6

59.459.456.657.760.664.8 .,70.1

I!

82.664.4

39.640.142.143.541.840.9

39.240.036.938.642.046.249.9

70.647.941.8

Nonmanufacturing employment and pay rolls

Anthracitemining

Em-ploy-ment

Payrolls

Bituminouscoal mining

Em- jpioy-ment

Power, light,and water

Em-ploy-ment

Payrolls

Telephoneand telegraph

Em-ploy-ment

Payrolls

Retail trade

E m -

Monthly average, 1929=100

91.665.1

44.549.255.863.962.762.3

52.558.754.651.643.239.543.8

84.53.

34.41.47.66.51.56.

43.56.48.37.30.34

07

540702

288403

38.3

88.076.4

58.659.462.467.069.470.0

69.869.367.663.761.261.363.2

81.365.149.1

76.3 jj 85.354.8 j 68.7 i41.2 | 65.2 •

68.950.4

24.426.430.237.838.037.7

36.137.230.726.626. 929. 233.6

60.436. 731.5

105.996.7

82.381.581.079.979.178.4

77.777.476.976.976. 977.377.5

97.585.277.2

106.797.4

78.776.774.774.473.273.2

73.071.671.969.469.969.970.0

99.083.770.8

100.086.6

79.178.177.476.275.574.8

74.673.973.272.370.169.26S.5

88.281.171.7

106.693.3

79.679.175.975.774.373.5

71.771.971.667.868.566.666.7

95.285.089.3

89.083.9

74.672.677.881.381.795.2

76.973.471.478.677.078.374.6

88.380.475.7

91.783.3

63.360.764.667.166.973.6

62.758.455.160.459.560.558.1

87.371.559.2

Trade-unionmem-

bers em-ployed

Percentof total

members

Wages

Factory 2

Aver-age

weeklyearn-ings

Aver-age

hourlyearn- jings !

Com-monlabor

Dollars

25.4922.34

15.4315.3516.2316.8616.8416.37

16.2116.1314.5615.3916.7118.4919.15

23.5417.6516.66

0.

591564

489487 i479474468467

468484460460453452455

572513459

Centsper

hour

4036

323232323232

32323233333334

363333

1 Adjusted for seasonal variation. 2 National Industrial Conference Board.

Page 10: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

8 SURVEY OF CURRENT BUSINESS September 1933

Finance-Credit and BankingDURING July and the first two weeks of August

approximately 200 banks reopened on anunrestricted basis with the result that more than$200,000,000 in deposits were released. A recentreport of the Secretary of the Treasury shows thatsince the general banking moratorium of March ap-proximately 14,000 institutions have resumed unre-stricted banking operations. The deposits of thesebanks aggregate $32,000,000,000 while those of the2,870 banks still closed, or operating under restrictions,were less than $2,200,000,000. The steady progressbeing made in the release of depositors' funds has beenan important stimulus to trade activity, especially inthose areas where the banking situation was most acute.

A second factor closely related to the general creditsituation is exemplified in recent Treasury financing.During July, several offerings of 91-day Treasury billstotaling $330,000,000 were made in order to replacesimilar maturities. These issues were followed earlyin August by the first piece of long-term financing inseveral years when an offering of about $500,000,000of 8-year 3% percent bonds were met by subscriptionsof approximately six times that amount. At the sametime subscriptions of about $1,500,000,000 were re-ceived in response to an offering of $350,000,000 2-yearTreasury notes. It is possible that allotments mayeventually exceed the original offerings owing to thefact that the Secretary of the Treasury has expresslyreserved the right to increase the offerings.

The loans and investments of member banks duringJuly and the first half of August were influenced bysuch factors as (1) currency requirements during the

early July holiday period and the subsequent returnof currency, (2) Government financing operations, (3)further purchases of Government securities by theFederal Reserve banks, (4) security market conditions,and (5) the effect of the new banking law's provisionswhich prohibit the payment of interest on demanddeposits. This combination of influences led to afurther increase in the excess reserves of memberbanks. These excess reserves were centered largely inthe country banks inasmuch as the New York institu-tions were without the benefit of the former seasonalreturn flow of funds early in July. The net result ofmember-bank operations was a slight increase in loanson securities, a small increase in other loans—includingacceptances and dealings in Federal funds—and a dropof over $200,000,000 in investments. The shift ininvestments was no doubt influenced in part by thefurther purchases of Government securities by theReserve banks. As a result of the August 15 Govern-ment financing, investments of member banks movedsharply upward after the middle of August.

Member-bank borrowings at the Reserve banksincreased slightly during July and the first week ofAugust after which they tended downward. Open-market bill holdings declined to a negligible figurewhile Government security holdings continued grad-ually upward. Postal savings showed the first de-crease of the depression.

During July approximately $85,000,000 of gold leftthe country, but this had no effect on the monetarygold stocks inasmuch as the shipments representedgold held under earmark since the early part of the year.

CREDIT AND BANKING STATISTICS

Bank debits

Year andmonth New

YorkCity

Out-sideNewYorkCity

Reporting m e m b e rbanks, Wednesdayclosest to end ofmonth

Loanson

securi-ties

Ailotherloans

In-vest-

ments

Condition of Federal Reserve banks, end ofmonth

Reserve bank credit outstanding

Total !

Billsdis-

count-ed

Billsboughtin theopen

market

UnitedStates

Govern-ment

securi-ties

Totaleposits

Mem-ber

bankreserve]

ac- \count

- w

Totalbank-er'sfac-cept-ancesout-

stand-ing,

end ofmonth

Netgoldim-

portsin-

cludinggoldre-

leasedfromear-

mark i

Moneyin

circu-lation

De-posits,NewYorkState

savingsbanks

PostalSavings,

bal-ance tocreditof de-

positors

Millions of dollarsThou-

sands ofdollars

1930: July1931: July1932:

July_AugustSeptemberOctober. _.November-December .

1933:JanuaryFebruary..MarchAprilMayJuneJuly

29,60021, 007

12, 72813,45814,16312, 9449,81513,967

12,41312, 03612, 45412,01213, 97716, 74317,354

23,14518, 444

12,51111,75611,76712,35410, 93512,820

12, 05310, 4019,60810,61211,50912, 96913,878

8,3916,544

4,6314, 5124,5214,3114, 2884,315

4,2594,234

/ 4, 252/ 4, 267/ 4, 308/ 4,335

8,5547,942

6,3656,2846,1856,1306,1255,982

5,9075,393

/ 5, 408/ 5, 486/ 5, 407/ 5,488

6,2917,810

7,7007,7438,2018,5858,5898,507

8, 5598,196

/ 8, 570/ 8, 632/ 8, 927/ 8,70S

934

2, 4392,3312, 2332,2272,2022,145

2,0772,7942,5722,4592,2182,2202,209

200195

538433332328309235

274582426435302164167

13073

433433343533

313363051712048

577678

1,8411, 8521,8541,8511, 8511,855

1,7631,8661,8381,8371,8901,9982,028

2,447 .2,527

2,1582,2412,3122,4462,4842,561

2, 5542,2362,1332,3802,3942,4942,544

2, 396 i2,367

2,0522,1462,225 12,3832,411 12,509

2, 4462,1411,949 12,1322,167<> 2922,294 ij

1, 350 -22. 61,228 -10.2

705681683699720710

707704671

687738

52.8106.6100.266.470.3

171.9

37.0-169.4-113.3

23.71.0.3

4, 483 4, 5724, 836 5,149

5,7525,7205,6855,6435,6435,699

5,6315,8926,9986,1375,8765,7425,675

5, 2535,2435,2825,2715,2655,314

5,3175, 2695,2205,1645,1135,1305,085

180,711372, 457

828, 549847, 421858, 720870, 823884,297900, 796

942, 5191,006,1851,112,7151,158, 4161,178, 7881,184,9481,176,795

1 Net exports indicated by (—). / Estimated on basis of new report covering 90 cities; old report covered 101 cities.

Page 11: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 9

Finance—Security and Money MarketsSECURITY markets in July were featured by the

sharp reaction in stock prices which, over a courseof 3 days beginning July 19, canceled virtually allgains which had been made since the end of May.The upward price movement which had been gainingmomentum during June, simultaneously with theexternal depreciation of the dollar, continued through-out the first week of July after which a brief periodof irregular movements set in only to be followed bya renewed advance. During the second week of Julyindustrial, railroad, and utility stocks reached newhigh levels since the second half of 1931. The turn-over reached more than 6,000,000 shares daily.Then followed the 3-day period of drastic liquidation.Prices recovered somewhat as the market steadiedand some quotations at the end of the month werestill higher than at the beginning. During the first3 weeks of August trading became comparativelyquiet with no marked changes in quotations.

Bond prices on the whole moved upward in sym-pathy with stocks during the first half of the month.During the stock-market break of July 19-21 bondsreceded somewhat but recovered—especially in thelower grade sections of the list—during the final weekof the month. During the early part of August the mar-ket narrowed and prices remained comparatively firm.

The volume of brokers7 loans moved roughly inconformity with security-market activity and showedsubstantial net gains during July, but since the closingweek of that month they have tended downward.

Money rates during July were influenced somewhatby geographical shifts in member-bank funds. Forexample, the failure of funds to flow back, as in otheryears, to New York after the June month-end andJuly 4 needs had been met, caused an advance of oneeighth percent in dealers' rates on bankers' accept-ances on July 7 and led to a rise in the yields on short-term Government securities during the first half ofthe month. Owing to the prohibition of interestpayments on demand deposits, under the new bankingact, the tendency for outside funds to flow into theNew York money market has materially lessened.Call rates held firm while time rates showed slightadvances. On the other hand, the efforts of outsidebanks to employ their surplus funds brought about aslight decline during the month in commercial paperrates.

The evidences that corporation earnings were inmany cases shifting from loss to profit are reflectedin the month's upturn in dividend payments. Atthe same time, however, new capital issues haveremained comparatively small. In line with theperformance in other recent months, new real-estatebond issues were nil and corporate issues werenegligible. Apart from several small municipal issuesthe new long-term offerings during the period underreview were featured by the issue, early in August,of $500,000,000 eight-year 3K-percent bonds offered—and considerably oversubscribed—by the United StatesGovernment.

SECURITY AND MONEY MARKET STATISTICS

Year and "mo nth

Stocks Bonds Capital issues

Prices(aver-age

week-ly)

Salesreport-

ed

1926=100

Yieldon

com-mon

stocks

Thou-sands ofshares

Per-cent

Prices(do-mes-

Yields(60

Dollars

TotalNew

capital

Long-termreal-

estatebonds

Dividend andinterest pay-

ments

TotalInterest

pay-ments

Per-cent Thousands of dollars

Aver-agedivi-dendper

share(600

com-panies)

Dollars

Open-marketmoney rates,

New YorkI

Brokers' loans

Callmon-ey-re-newal(aver-age)

Timeloans-(range)

Com jmer- 'cial

paper(range)

Re-

by theNewYorkStockEx-

change1

MadeRa- by re-tio | port-to ing

mar- I mem-ket

valueber

banksNY

PercentMil-

lions ofdollars

Per-cent

Mil-lions ofdollars

1930: July1931: July1932:

JulyAugustSeptemberOctober...NovemberDecember

1933:JanuaryFebruaryMarchAprilMayJune.July

149.398.235.953.358.249.947.547.4

49.144.943.247.562.974.980.4

47, 74633,540

23,05682, 64967,42429,18823, 03823, 208

18, 72019, 32020,08952,901104, 229125, 627120,300

4.445.66

8.855.654.915.735.845.68

5.426.106.305.583.993.273.02

98. 29 I 4. 4995. 49 4. 43

79.2583.7083.9382.0481.3681.65

83. 3279.0978.5880.0784.7386.8488.03

6.425.575.355.505.685. 75

5.595. 736.256.385.785.375.15

585, 820267,137

155,557169,482138, 607124,06276, 400157,920

109,96356,51319,09445, 38859, 643222,644

I 554,280' 222,564

105,33661, 64589,971100,02044, 801122,713

64, 61019, 63616, 26524,92843, 802110,148

16,425800

00

7000

220200

! 161,990 l| 110,083

1,001,800944,976

805, 600392,490437,440621, 654438,032546,439

863, 492387, 200430,351561,279428, 449

0 11 571,5290 !! 763,219

542, 900559,076

557, 000248, 590312,440454, 354307, 532426,239

592, 892241, 800290,351424, 429274,565437,179557,319

2.912.31

1.311.251.241.241.221.21

1.201.161.111.091.061.051.05

2.201.50

2.082.002.001.351.001.00

1.001.003.321.371.001.001.00

rVAVA

3 -3

2 - 2 / 2 |2 -2X\WATMIV2-I

2 -2 -

3,6891,344

242332380325338347

359360311322529780916

5.493.03

1.181.191.421.391.52

3,2281,390

332345425362353

1.52

1.561.831.561.201.632.152.80

454418

512635764876

7574—33 2

1 Wednesday closest to end of month. 2 End of month.

Page 12: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

10 SURVEY OF CURRENT BUSINESS September 1933

Foreign TradeUNITED STATES foreign trade expanded in July

for the third consecutive month. The adjustedexport index increased from 29 percent of the 1923-25average in April to 43 percent in July in contrast withthe decline from 37 to 32 during the corresponding periodof 1932. Similarly, the import index advanced from25 to 48 over the 3-month period as compared with thedrop from 36 to 27 last year. Despite the substantialincreases since April, the value of exports and importsfor the first 7 months was 14 and 11 percent smaller,respectively, than in the corresponding period of 1932.

About one third of the $24,000,000 increase in Julyexports over those of June represented larger ship-ments of unmanufactured cotton at higher prices.Nonmetallic mineral products, chiefly refined mineraloils, increased $6,800,000 in value. Exports ofinedible vegetable products were $2,200,000 greater inJuly than in June, leaf tobacco having been responsiblefor a large part of the added value. Increased valuesof from $1,000,000 to $2,000,000 were recorded forvegetable food products and beverages, metals and man-ufactures, and machinery and vehicles, while highervalues of from $200,000 to $1,000,000 were reportedfor animals and animal products, edible and inedible;wood and paper; and chemicals and related products.Increasesfein both quantity and value were shown bymeat products; canned and dried fruits; automobilecasings; coal and related fuels; cotton and semimanu-factures; lumber; crude sulphur; copper; and motor ve-hicles. Quantity declines were recorded for lard, wheatflour, cotton cloth, electric refrigerators, and fertilizers.

Contributing to the $21,000,000 increase in importswas a gain of $6,900,000 in textiles, $3,900,000 inwood and paper, and $3,100,000 in metals and manu-factures, except machinery and vehicles. Inedibleanimals and animal-product imports gained $2,800,000from June to July; vegetable food products andbeverages $2,300,000; inedible vegetable products,$2,100,000; nonmetallic mineral products, $1,500,000;and miscellaneous commodities about $1,000,000.The decline of $2,600,000 in chemical imports waspartly the result of the erratic movement of crudeiodine imports.

Among the quantitative gains from June to July inleading import commodities were a 92 percent increasefor crude rubber; flaxseed, 33 percent; wool, includingmohair, 188 percent; hides and skins, 28 percent;crude petroleum, 59 percent; iron ore and concen-trates, 108 percent; copper, 19 percent; nickel andalloys, 21 percent; tin in bars, blocks, and pigs, 24percent; and newsprint, 15 percent.

Advancing dollar prices accounted in part for thelarger values in July. Raw-silk imports increased invalue 29 percent from June to July, while the quantityincreased only 3.5 percent. Tin showed an increasein average unit value of 15 percent; crude rubber of23 percent; hides and skins of 15 percent; and copperof 30 percent. Among the exports, the unit value ofmeat products increased 5 percent; that of evaporatedfruits, 8 percent; refined copper, 10 percent; wheatflour, 13 percent; unmanufactured cotton, 14 percent;and gasoline, 9 percent.

EXPORTS AND IMPORTS

| Year and[mcnth

Totalex-

ports,ad-

justed i

Indexes

Totalim-

ports,ad-

justed

Monthly aver-age 1923-25=100

Exports of United States merchandise General imports

Ex-ports,

in-clud-ing

reex-ports

Total

Crude mate-rials

TotalRawcot-ton

Foodstuffs Finished manufac-tures

Total

Fruitsand

prep-ara-tions

Seml-man-ufae-tures Total

Ma-

Auto-m o -biles,

chin- I parts,ery and

j acces-!j sories

TotalCrudema-

terialsFood-stuffs

Semi-man-ufac-tures

Millions of dollars

F i n -ishedman-ufac-tures

1930: July .1931: July1932:

JulyAugustSeptemberOctoberNovemberDecember

1933:JanuaryFebruaryMarchAprilMayJuneJuly

Cumulative, Januarythrough July:

19311932 . .1 9 3 3 . . .

2 002 382 33

2G6. 8180.8

106.8108. 6132. 0153. 1138.8131.0

120. 0101.5108.0105. 2114.2119.8144.2

2 50 1496. 72 36 ! 940.82 33 813.5

262.1177.0

104.3106. 3129.4151.0136. 4129.0

118.699.4106.3103.1lit. 9117. 5141.7

1406. 6923 9798.5

36.528.4

27. 029. 747.460.555.352.2

42.331.829.428.635.040.251.5

296. 8268. 4258,S i

14.713.5

15.918.132.140.038.539.0

29.720. 618.116.926.129. 336.8

161.5177 4177.5

40.932.3

15.617.320.425.219.916.0

16.212.813. 411.313.013.415.4

216.6142.895.5

4.97.6

4.35.49.62 27. 94̂ 8

4.63.8

39.27.

14.12.15.16.14.15.

i 15.1 13.

S9

1

o967

82

3.92.93.82.94.3

56. 6 i36.8 I

\\18. 2 II21.4 jl

144. 888.4

47.046. 345.948.446. 645.0

44.341.547.047.946. 245. 753.4

209. S 743. 4UO.s 391.9118.0 326.0

37.722.5

9.69.09.1

11.610.29.7

9.28.59.48.89. 19.3

10.1

218, 782.064.4

17. 511.7

5.14.95.04.45.1

I!Coll6.3 l|6. 97.47.4

220.174.

79.91.

65

41

98. 4| 105.| 104.

5 15 !

97.1 1

7.07.5

106.451.849.1

96. 083.894.988. 4

106.9122.3143.0

69.650.0

19.522.227 327.'227.828.7

27.221.123.621.124. 934.346.4

1281.6 |i 391.6826. 2 li735.31';

225.2198.

49.47.

26.293l!33.32.28.

30.

01

32350

7

30.033.32.

68

40.036.38.

340.252.242.

98

2881

4430

11

70

915.11416

67

16.616

16.13.14.13.18.27

n.

231.137.135.

7

2685380

622

57.247.4

21.824.625.328.128.123.4

21.919.122.920.923.623.326.8

318. 2211.1158.5

i Adjusted for seasonal variation. 2 Monthly average.

Page 13: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 11

Real Estate and ConstructionCONTRARY to seasonal precedent, improvement

in the construction industry occurred during thefirst half of August. Contract awards totaled over$56,000,000, which, on a daily average basis, wasslightly higher than in the same period a year ago.No change has occurred in basic conditions in the in-dustry, and the long-term capital market remainsunfavorable for financing private construction.

Activity in July continued at a low ebb. The valueof all contracts awarded for the first 7 months of theyear was 35 percent below the total in the same periodof 1932, and only one fourth of the awards in the samemonths of 1931. The decline of 19 percent in Julycontracts, which amounted to $83,000,000, was notreflected in the Federal Reserve Board's adjustedindex, which is based on a 3-month moving average ofvalues and includes an estimate for August. The indexwas 4 points higher than in June, at 22 percent of the1923-25 average. Employment in the building in-dustry declined in July, and pay rolls were also lower.

The Chicago territory, with awards totaling over$16,000,000, led other areas in the value of contractslet daring July. The New York City district fol-lowed, with contracts valued at $12,000,000. Under-takings in the Middle Atlantic and New England States(excluding New York City) reached approximately $18,-000,000, about equally divided between the two areas.The combined amount of awards in these 4 districts ac-counted for more than half the total for the 37 States.

While the number of projects in July showed thesecond successive decline, the total was above that forJuly last year and 20 percent more than the averagenumber reported in the first 7 months of the year.The value of these awards was 36 percent below thoseundertaken last July and less than one third theamount of contracts let in July 1931.

Residential building in New York City and theMiddle Atlantic States amounted to $8,500,000, morethan one third of the value of all such contracts, whichtotaled $23,600,000. The decline in this type of build-ing during July interrupted a steady increase whichstarted last March. Although the total remained20 percent above the July 1932 figure, it was only alittle more than one third the value of residentialbuilding during July 2 years ago.

The value of public works as well as public utilitycontracts receded during July. Both totals were ex-ceedingly small and in each case were below themonthly average value of similar contracts let thus farin 1933. Public works contracts accounted for theincrease in the totals for the first half of August.

Federal-aid highways under construction aggregated$222,452,000, a decline from the June total. The workin process dropped below the figure for the correspond-ing month of 1932 for the first time this year. Workapproved amounted to more than $9,000,000 in July, aslight increase from June, but this amount was less thanone fifth of the total acted upon in July&a year ago.

BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE

Construction contracts awarded

Year and month

F.R.B.indexad-

justed i

AH types ofconstruction

Monthlyaverage1923-25 =

100

1930: July1931: July1932:

July .Augus tSeptemberOctoberNovemberDecember

1933:JanuaryFebruaryMarch. ; .AprilMayJuneJuly

Monthly average, Januarythrough July:

19311932 .1933

303029

191414161822

70

Num-ber ofproj-ects

95 11 12,53361 !| 10,663

7,0087,1857,1526,4835,2664,205

3,8013,8846,3037.2549,4099,1868,229

10, 02727 j! 6,54818 j | 6,866

Mil-lions ofdollars

36728612913412810710581

8353605777

103

297114

n

Residentialbuilding

Mil-lions ofsquare

feet

18.215.9

5.55.56.66.05.53.4

3.23.14.85.88.48.37.4

18.36.75.9

Mil-lions ofdollars

84.363.9

19.720.822.821.919.213.0

12.011.816.019.126.527.823.6

79.226.119.5

Pub-lic

utili-ties

Pub-lic

works

Millions ofdollars

28.926.4

5.57.44.58.34.16.5

8.04.72.52.45.65.04.1

29.56.44.6

93.291.0

54.656.764.250.250.136.9

34.712.515.111.213.419.414.8

89.036.717.3

j Bui lding materialshipments

Explo-sives,new

orders

Thou-sands ofpounds

30,32425, 05814, 47317, 60720, 86722,12219, 07417,998

17,12915, 43715. 43515, 00614, 97517, 886

26, 025l7,16515,978

Maplefloor-ing

Oakfloor-ing

Thousands offeet, board

measure

4,625 I3,447 |

2,2642,8162,4022,0311,9021,590

1,4961,3181, 2462,0972,7154,3844,326

3,1472,1982,512

22, 83225, 691

7,69911, 62611, 73910, 6575,9184, 327

4, 4336,0747,5739,47914, 54917, 72313,676

Ce-ment

Thou-sands ofbarrels

20,15315, 545

9,21810, 9689,7298,7434,7822,835

2,5022,2783,5104,9496,7097,9798,697

24, 435 10, 56611,405 6,21710,501 5,232

Federal-aidhighways

Ap-proved

forcon-

struc-tion

Undercon-

struc-tion

Con-struc-tion

costs,Eng.

Kews-Rec-ord ^

Realestatemar-

ket ac-tivity,deeds

record-ed

Thousands ofdollars

71,07954, 54549, 67656,15458, 31956, 05851, 97645, 085

40,18033,05025, 73813,1278,3718,9969,208

91, 80257, 35519,810

289,465388, 004

240, 857242,175260, 943255, 315250, 724250, 978

252, 372260,185265,678269, 489260, 736242,107222,452

308,032213, 889253,288

Month-ly av-erage1913=

100

Month-ly av-erage1926=

100_l

1201. 0 j174.4 I

153.4156.8158.0159.2158.2158.5

158. 4159.3158. 4160. 2164.4183.4165.5

189.7156.1161.4

69.861.1

47.254.253.460.450.152.9

50.457.241.741.1

Long-termreal

estatebondsissued

Thou-sands ofdollars

22, 0701,651

00

7000

220200

0900

00000

5,950950129

: Based on 3-month moving average and adjusted for seasonal variation. 2 First of month. August 1 index, 167.0. o 6 months' average.

Page 14: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

12 SURVEY OF CURRENT BUSINESS September 1933

TransportationWEEKLY freight-car loadings leveled off in the

middle of July and during the first 3 weeks ofAugust there was a slight decline. Loadings in bothJuly and August were substantially above a year ago,and as a result the financial condition of the carriershas been markedly improved. Loadings in the 3weeks ended August 19 were 23 percent larger than inthe corresponding weeks of 1932, bringing the total forthe year to date above loadings in the correspondingperiod of 1932.

July loadings were 8.3 percent above June, afterallowance for the usual seasonal trend. All classes offreight, excepting grains, contributed to this increase.In this latter group the increase failed to measure upto the normal movement, a reflection of the shortcrops this year. Coal loadings expanded sharply inJuly and, following a temporary recession the firstweek in August due to labor difficulties in the coalfields, again picked up in the middle of August.

Shipments of package freight, as reflected in the l.c.l.loadings, expanded steadily through the first week inAugust, although dropping about 3,000 cars in theweek of August 12. July loadings of this class of freightwere 4.5 percent larger than in June and exceededthe total for the corresponding month of the precedingyear for the first time since 1929. For the latest weekreported, l.c.l. loadings were .4 percent below a year ago,compared with a gain of 22 percent in total loadings.

Financial returns of the roads show a continuationof the rapid improvement in net operating income.Preliminary returns for July indicate that the netincome of class I roads may possibly be the largestsince the fall of 1930. Operating revenues in Junewere nearly five times as large as in June 1932, andwere the largest since last October. For the first 6months of this year net operating income was 40 per-cent larger than in 1932, although it amounted to anannual rate of return on the property investment ofonly 1.4 percent. The June rate was 2.81 percent,however, and there was a further improvement in July.

Activity in railroad repair shops has picked up some-what as indicated by a gain of 5.4 percent in pay rolls.However, the July index was only 36 percent of the1926 average. Railroads have placed very few ordersto date for either rolling stock or rails, and as a resultthe business of railroad equipment manufacturers hasshown but little improvement.

Traffic on the principal inland waterways was higherin June than in July, and the movement on all arterieswas considerably greater than a year ago. Tonnagemoved on the Sault Ste. Marie was 69 percentgreater than in June and 129 percent above a year ago.The increase was caused mainly by the rise in iron oreshipments. Movements on the Allegheny and Monon-gahela were almost three times as large as in July1932.

RAIL AND WATER TRAFFIC

Year and month

F.R.B

Una

djus

ted

1

. index

Adj

uste

d *

Monthly aver-age, 1923-25 =

100

9578

515361655852

51514851566066

765555

9276

515154575758

56545053566065

795856

Tot

al

Freight-car loadings

Coa

l

Cok

e

Fore

st p

rodu

ct

1

Gra

in

and

pro

ucts

Liv

esto

ck

Me

rch

an

di

l.c.1

.

Ore

Mis

cell

aneo

us

•a

Fre

ight

-car

su

r

Thousands of cars4

895,1738.5

484.2516.3561.1631.6548.8497.4

477.6489.5460.3500. 9532.0566.3621.8

734.8534. 7523.9

132.0110.3

72.384.6

103.6135. 2122.8125.2

107.1123.191.479.579.690.5

112.1

124.493.197.5

8.54.8

2.62.73.44.84.85.6

5.26.24.53.43.84.96.6

7.04.34.9

40.326.6

14.615.517.118.916.013.2

13.713.714.617.220.825.128.8

32.118.119.1

59.254.6

37.038.537.134.727.826.5

26.625.326.035.537.036.744.9

40.831.133.6

19.618.1

14.416.920.323.419.016.6

17.215.413.016.516.615.515.0

20.817.515,6

226.7209.4

163.1169.1170.3178.7166.5155.4

153. 4154.6156.1160. 5165.3163.6166.4

215.8179.5160.2

60.634.9

6.07.16.16.43.01.8

1.81.82.03.27.7

11.122.1

15.63.57.5

348.1279.7

174.3181. 9203.2229.6189.0153. 1

152.6149. 4152.7185. 2201.2219.0227.8

278.3187.61S5.5

455564

764708599545622647

692650681619553454393

615741577

lger

s

0

PuU

man

pa

carr

ied

Thou-sands

2,5412,023

1,2761,3231,3391,1581,0781, 248

1,158952872974951

1,201

0 2, 00401, 388a 1, 018

Financialstatistics

i -

Net

ope

rati

ng i

com

e,

clas

sra

ilro

ads

Div

ide

nd

pa

men

ts,

stea

rail

road

s

Thousands ofdollars

83,06956,960

11,59728, 36849, 64763,83934,17932,857

13,2669, 855

10,54819.04140, 69359,483

^39,918^18,281"25,481

50, 50041,000

21, 4007,0007,300

10, 4007,5005,900

10,5008,000

11,30011,5001,4252,950

16,500

40, 91424, 8718,882

Canal traffic

Sau

lt S

te.

Man

New

Yor

k S

tat

Thousands ofshort tons

12,3677,613

2,6383.0953.8073,9242,877

215

000

6963,4903, 5826,050

563506

376528478554588

0

000

183542479

A

33

Thous.of long

tons

1,221820

576650638723682587

560623724302783779

» 904

"629

1930: July1931: July1932:

JulyAugustSeptember _..October _NovemberDecember

1933-JanuaryFebruary..MarchApril _.May__JuneJuly

Monthly average, Janu-ary through July:

1931..1932.1933

1 Daily average basis. 2 For seasonal variation. 1 American vessels, both directions. 1 Average weekly basis. ? 6 months' avera;

Page 15: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 13

Automobiles and RubberWHILE unit output of automobiles during July

fell below the total reported in the previousmonth, the recession was less than seasonal and theFederal Keserve Board's adjusted index of produc-tion advanced 6.1 percent. The index was thehighest since June 1931 and indicated that plantswere more than twice as active as in July last year.

Automobile production in the United States duringJuly reached a total of 233,000 units, which was7.9 percent less than in June. Output was morethan double that for the same month of 1932. Ex-cepting the previous month, more passenger cars wereproduced than at any time since June 1931. Thetotal number for the last 4 months was larger thanthe combined output for the preceding 9 months.Taxicab output has been highly erratic for over ayear. The output during July was negligible. Morethan twice as many have been manufactured so farthis year, however, than during the same period of1932. Truck output fell off approximately 3,800units from the June showing, but was 36 percentabove monthly average production for this year.

Output of Canadian plants receded for the sec-ond consecutive month. As compared to the samemonths of 1932, production of Canadian plants thusfar in 1933 makes a less favorable showing thandoes the output in United States factories duringthese two periods. Whereas American plants

showed a gain of 26 percent, Canadian output was5 percent smaller.

After declining slightly for 2 months, exports ofpassenger cars in July approached the monthlyaverage figure for the year, which was 34 percentabove that for last year. Truck exports were largerthan during any month since October 1931.

Out of the total output of 195,000 units, esti-mates of R. L. Polk & Co. place domestic passen-ger car sales in July at 185,000 units, which com-pares with 174,000 in June and 104,000 in July lastyear. As the number exported was slightly over5,500 units, the excess of production over sales was therelatively small total of approximately 4,500 units.New truck sales in July were estimated at 30,000 units.

Preliminary reports indicate that pneumatic tireproduction declined slightly in July but was over 50percent above output in July 1932. Shipments weremore than twice as large as in July of last year, butalso were smaller than in June. Stocks were slightlyhigher as of Juty 31. Crude rubber imports in July,rose precipitously to 45,243 tons, almost twice theamount imported during June. Consumption ofcrude rubber during July continued at a relativelyhigh level, although slightly below the peak tonnagereported for June. The amount of crude rubberimported so far this year has remained below con-sumption, whereas during this period last year im-ports were higher than consumption.

AUTOMOBILE AND RUBBER STATISTICS

Automobile production

United States |Canada

Year and monthiF.R.B.ii> index,I ad-justed 1

jMonth-| ly av-

= 100

TotalPas-sen- Taxi-ger cabscars

Thousands

Trucks Total

Automobileexports

Passen-ger cars Trucks

Newpas-

sengercarreg-

istra-tions

Number

Automobilefinancing

Bywhole-

saledealers

Hetailpur-

chasers

Millions ofdollars

Pneumatictires

Pro-duc-tion

Do-mesticship-

ments

Do-mestic

con-sump-tion,total

Thousands

Crude rubber

Im-ports

Worldstocks,end ormonth

Long tons

1930: July |1931: July !1932:

July ;August .,September _JOctober |November _ -!December

1933:JanuaryFebruaryMarch . . . . :AprilM a y _•JuneJuly

Monthly average, Jan-uarv through July:

1931 . . .19321933

7560

332324173160

!|48 |j33 |j

44 ii51 I,66 i!

266 i218 J

109 !90 j84 !49 I60 !

107 ;'

130 |107 i118 '181 "218 ;253 ,233

256 ;;1 4 0 '•!

177

222184

957665354786

10891 !99 j

153 !185 I211 j195

214 i118 !U9 '

376 43,328 10,188ISO 34,317 4,220

9135

239291

51526604115435i

14,43814,41819, 40213, 59512, 02521, 204

21,71815, 33318, 06427, 31733, 60541, 83938, 065

428 i 41,21280 | 22,0771S9 21,992

7,4724, 0672,3422 9232, 2042,139

3,3583,2986,6328, 2559, 3967,3236,540

10, 0446,7346.400

7,8286,478

3,0392, 8933,0531,7331,7622,757

7,0595,5215,5285, 6625,0934,7575,546

8, 7604,1775, 595

4,0403,518

1,8652,0442,6012, 5491,353 12,221

3,0843,1362,5282,6562,4452,4783, 582

4, 6692,0282, SU

254, 069194, 322

104,18893,45781, 89363,19544, 35845, 68379, 82169. 46478, 741119,909160, 242174,190185,000

195, 922109, 687123,910

11996

45453934

312934455866 i

3,1933,941

2,8932,4712,0312,0551,8431,586

1,8061,8711,6302, 4994,1514,880

> 3, 816' 3,198' 2, 806

4,2294,244

1,8452,0652,4111,3851, 3061, 405

2, 0111,7641,6162,8744,0774,320

26, 90529, 382

26, 01020, 58220, 69219, 33720,15715, 631

35, 42444, 052

32, 524

29, 28035, 80629, 62032,016

19, 928 30, 66318,825 | 22,969

« 3, 483o 3,497"2,777

15, 70122,81738, 78544, 65443,660

30,37727, 38229,196

18,47521, 03426, 73623, 50445, 243

40, 50036, 26528, 375

436, 413549,127

579,195595, 782599, 761604, 008611,301621, 078

614, 851618, 299622,142617,490620, 586632, 565630,000

525,597614,708622, 270.

1 Adjusted for seasonal variation. i 6 months' average.

Page 16: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

14 SURVEY OF CURRENT BUSINESS September 1933

Chemical IndustriesGENERAL improvement of greater than seasonal

proportions took place in the chemical industriesIn July. Production, employment, and pay rolls in-creased markedly, although prices showed but littlechange. A great many branches of the industry hadup to late August prepared codes of operation underthe National Industrial Recovery Act, and some plantshave already placed the labor provisions of their respec-tive codes into effect under the "blanket" code.

Chemical and allied products production, as meas-ured by electricity consumption, picked up sharply inJuly after increasing steadily from the record low levelreached last March. The rise from June to Julyamounted to 8 percent, the same relative increase astook place between May and June. Current monthlyproduction is the highest recorded during the past2;/9 years.

Employment in the chemical and allied productsindustries advanced 6 percent in July as compared withJune, although there is usually no appreciable changeat this time. Employment in July reached a high pointfor the past year and a half, and the average for thefirst 7 months of this year was slightly above the levelprevailing in the period in* 1932. The most importantincreases took place in the heavy chemical, the cotton-seed oil cake and meal (seasonal), the explosives, andthe rayon and allied products sections of the industry.

Pay rolls increased for the fourth consecutive monthin July, the rise in this month over June amounting to

5 percent. The most important increase occurred in theheavy-chemicals section. Pay rolls in the petroleum-refining industry were about the same as in June, andin the paint-and-varnish section of the industry theywere lower.

Stocks of chemical raw materials on hand continuedto decline seasonally in July to reach a new record lowvolume on hand, 7 percent under the quantity carriedat this time a year ago. Stocks of chemical manufac-tured goods, which usually decline seasonally in July,showed an increase of 3 percent over June but were8 percent less than at this time a year ago.

Wholesale prices of chemicals and drugs as a groupfailed to respond to the general upward trend ofprices in July and declined slightly as compared withthe previous month. The price level of chemicals anddrugs is still 6 per cent above the general commodityaverage. A decline occurred in the heavy-chemicalgroup. This was partly offset by small advances indrugs and pharmaceuticals and fertilizer materials.

Fertilizer consumption was seasonally curtailed inJuly. The volume taken in the first 7 months of thisyear was off nearly a fourth from consumption in thesame period a year ago. Fertilizer imports failed toincrease seasonally in July but were in this monthnearly two-thirds greater than at this time a year ago.Nitrate-of-soda imports fell back below the averagemonthly imports for the year to date, continuing therecent erratic movement.

CHEMICAL STATISTICS

Year and month

1930" July1931 • July1932:

JulyAugust.- .SeptemberOctober - -NovemberDecember

1933:J anuarvFebruaryMarch. . . . .AprilMay. - . . . - - -JuneJuly

Monthly average, Januarythrough July:

193119321933 . . .

Electri-cal

energycon-

sump-tion

140.6137.7

124. 9116. 6126. 8129. 0130.1124.3

126. 0130.0115.6121.0127.1135. 7146.7

137. 1127.7128.9

General operation

Employment

Unad-justed

Ad-justed1

Payrolls

unad-justed

M o n t h l y average, 1923-2

101.086.2

72.372.274.075. 175.575.4

76. 2

78.282.478.979.484.0

92.378.779.5

105. 489.4

74.774.073.774.975. 275. 2

76 476.475.677.680.382.387.5

92.178.679.4

100.882. 9

60.060. 059. 860. 760. 959.8

60.7(>0. 860.460. 861.964.667.9

88.667.362.4

s

Stocks

Manu-fac-

turedgoods

5=100

121116

120116121122121121

120123119112107110

127128116

Rawmate-rials

9387

8890

112122122117

1121049993908782

959995

Alcohol

EthylR e -

finedmeth-anol

Syn-theticmeth-anol

By-prod-uct

coke

E x p l o -sives

Production

Thousands of gallons

11,61711,975

11, 90812, 36513, 35513,1407,3915,278

6,0149,0848,2299, 0129,149

10, 683

«11, 675« 10,897o 8,695

26080

84151102198141174

166

839598

153

182109119

412438

794793698571532644

353325178425366559562

689628395

Thous.of short

tons

3,7472,561

1, 5231,4741, 5441, 7391, 7521, 786

1,7851, 6391,6661,6561, 9212,2412, 797

2,963I, 8391,958

Thous.of lb.

30, 81025, 068

12, 56317, 90319, 55722, 62420, 75317, 930

17,77716, 00815,80416, 00515, 78117, 271

» 27, 232• 16, 842? 16,441

Rosin,wood

Tur-pen-tine,wood

Barrels

39, 92928, 495

30, 07631,14131,15533,13231,30829, 220

31,18825, 58326, 59724, 92631, 04535,16341,033

31, 82626, 57030,791

6,4064,370

4,8784; 3615,0205,2025, 4545,070

4,9754,1754, 2553,8315, 0285,5146,516

5,5024,3354,889

j

1 Con-1 sump-1 tion 2

• Thous.j of short1 tonsii| 23! 25

j 4097

! 98• 6 0

; 85j

205j 2981 8251 119' 235! 43i 18

533323249

Fertilizer

Totalimports

Nitrateof sodaimports

Long tons

166, 54397, 358

49,98557, 53088,00691,61985, 20647, 956

94, 31390, 34997, 507

102,204101, 085105,08381,207

130, 30781, 54695,964

28, 6441 18,809

110

517! 13; 4,887: 48

4052,516

10666

8,43129, 9215,308

| 54,8516, 4246,679

1 Adjusted for seasonal variation. 2 Southern States. a 6 months' average.

Page 17: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 15

Farm and Food ProductsPROCESSING of food products in July was at the

same rate as in June, but activity was 22 percenthigher than in July 1932. Employment and pay rollsin the industry increased 2 percent and 3 percent, re-spectively, as compared with June. Employment was5.3 percent higher than a year ago, although pay rollswere slightly lower.

The general level of prices received by farmers inmid-July reached the highest point of the year, butsince that time there has been a recession in many ofthe major farm products. The index in July at 76percent of the 1910-14 average was 19 percent and 33percent, respectively, higher than in the previousmonth and July 1932. This is the highest pointreached since August 1931. All groups of commodi-ties revealed marked increases over June with the ex-ception of the prices of meat animals, which wereunchanged.|H Wholesale prices of farm and food products for Julycontinued the advance started in January of this year,with substantial gains occurring over the prices thatruled in June. Prices of meats alone showed a decline.During the early weeks of August prices of farm prod-ucts declined.

Movement of wheat to shipping centers during Julywas up seasonally, although short crops have reducedthe total movement as compared with other recentyears. Corn receipts at leading markets in July werethe highest on record.

Estimates as of August 1 revealed a further deterio-ration in the condition of this year's crops. The esti-mate of the corn crop, which was 2,273,000,000 bushels,was 111,000,000 bushels less than the July 1 estimateand indicated the second smallest harvest since 1901.Wheat and oat crops are each expected to be the small-est in 35 years. The prospects are for a substantialreduction in the carry-over from last year's harvest.

Receipts of livestock at public stockyards duringJuly showed mixed trends, with cattle and calves in-creasing and hogs declining from the previous month.As compared with a year ago, receipts were consider-ably larger. Inspected slaughter of livestock, althoughseasonally smaller than during June, were well abovea year ago. Stocks in cold storage at the end of Julyof beef and veal increased by 6,709,000 pounds, freshand cured pork by 90,177,000 pounds, while muttonand lamb fell off by 211,000 pounds.

Final plans were made by the Agricultural Adjust-ment Administration to place in effect a program repre-senting the largest governmental meat-purchasing plansince the World War. It involves the buying andslaughter of 4,000,000 young pigs, with 1,000,000 sowssoon to farrow. The aim is to raise hog prices sub-stantially by October 1. No purchases of hogs will bemade after that date. A processing tax of approxi-mately one half cent per pound will take effect in Octo-ber applicable to all hogs sent to market. This taxwill raise revenue to pay for the emergency program.

FOODSTUFFS STATISTICS

Y e a r > n d m o n t h

MonthMonthly aver- I ly'daZ

er'age, 1923-25=100

1930: July1931: July1932:

JulyAugustSeptemberOctoberNovemberDecember

1933:JanuaryFebruary —MarchAprilMayJuneJuly

Monthly average Jan-u a r y t h r o u g hJuly:

193119321933

Food product, j

F.R.B.

fi &

89899110599100100

95.288.1

79.481.081.881.380.780.0

79.679.278.481.282.682.3

89.982.881.0

age,1926=

100

Monthly aver-age, 1923-25 =100

Wheat

IS

I5

Millions ofbushels

86.874.0

60.961.861.860.560.658.3

55.853.754.656. 159.461.265.5

76.261.458.0

96106

5171

12516513384

70525560818187

818384SI

81697686

10310295

99 1104

414138271814

13101316232937

162218

178188194190177169

158148137126119125135

40 20220 ! 18620 I 135

Dollarsper

bushel

0.83.47

.48

.55

.55

.51

.49

.46

.48

.48

.53

.64

1.00

.68

.57

.66

Corn

I

Mil-lions ofbushels

Dollarsper

bushel

0.80.53

.35

.33

.29

.24

.24

.22

.23

.22

.26

.33

.39

.40

.53

.54

.35

.34

Animals and animal products

Meats Butter

Con-sump-tion,

appar-ent

Stocks,coldstor-age,

end ofmonth

Con-sump-tion

appar-ent

Thousands Millions of pounds

1,5121,488

1,2911,6061,6891,8961,5431,161

1,3181,1361,1711,2961,5581,4491,456

1,5061,3481,341

2, 9182,511

2,1592,4052, 5052,6912,7753,121

3, 3812,6992,6382, 7983,1433,3612,871

3,2763, 0762,984

1,0251,012

9561,0021,0961,0881,0421,014

1,061919993

1,0301,1071, 0951,053

1,0171,0151,037

929946

844751637544513620

717751749780865

1,0491,144

1,035962865

Imports

129135

133149142142139134 j|

129 ji123 |129134161129133

141138134

Thou-sandsof long

tons

395"473

340468328239186174

258289430536491426488

83

6Thou-sands

of bags

8011,100

671601782923935945

9111,0831,109

9221,187

977865

393 1,210409 1,027417 1,008

1 Adjusted for seasonal variation. 2 Revised. Earlier data may be found on p. 19 of June 1933 issue. 3 Includes receipts from Hawaii and Puerto Rico.

Page 18: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

16 SURVEY OF CURRENT BUSINESS September 1933

Forest ProductsOUTSTANDING developments in the forest-prod-

ucts industries during July and early August werethe approval by the President of a code of operationunder the National Industrial Recovery Act, a reces-sion in the new orders received accompanied by afurther increase in production, and a strong upwardswing in lumber prices.

The lumber code was approved on August 19, tobecome effective on August 22. It provides for amaximum 40-hour week and minimum wages thatvary according to the region. Due to the natural-resource-conservation aspects of the industry, pro-vision was also made for some control of productionand stabilization of prices. Immediately upon ap-proval of the code, the Lumber Code Authority was in-corporated to supervise administration of its provisions.

Production increased by more than one fifth in Julyas compared with June and has more than doubledduring the past 5 months. After a period of sustainedproduction curtailment below new orders, with con-tinued reduction of stocks on hand, the situation hasrecently been reversed. Steadily increasing outputduring the past few months, combined with a recessionin new orders during late July and the early part ofAugust, brought about in this latter period an excess ofproduction over orders, and an increase rather than cur-tailment of stocks.

Employment in the lumber industry picked up morethan seasonally for the fourth consecutive month in

July, increasing 10 percent in this month over June.Additional employment was greatest in the sawmillsection of the industry and progressively less in thevarious sections up to finished manufactures as repre-sented by the furniture group.

Pay rolls extended in July the steady increase thathas been taking place since the record low volumereached last March, although the total was onty onequarter of the 1923-25 average. The July riseamounted to 13 percent over June pay rolls, the in-crease being most pronounced in the sawmill divisionof the industry as was the case with employment.

Caiioadings of forest products picked up further inJuly to the highest volume reached in almost 2 yearsand nearly double loadings during the early part ofthis year. The movement for the first 7 months waslarger than in the like period of 1932.

Wholesale lumber prices advanced sharply with arise of 13 percent from June to July, as compared withan increase of only 6 percent in general commodityprices. Lumber prices have advanced nearly a thirdduring the past 3 months.

Southern pine production increased 4 percent fromJune to July, and in the latter month reached thehighest output recorded during the past 2 years.New orders, however, declined for the second consecu-tive month after reaching in May the largest monthlyvolume attained during the past 2 years. Productionin July was 5 percent ahead of new orders.

FOREST PRODUCTS STATISTICS

General operations ! Southern hardwoods

Year and month

Lum-berpro-duc-tion,ad-

justed'

Em-ploy-ment,

ad-justed

Neworders

Un-filled

orders

Monthly average 1923-25 = 100

Douglas fir

Pro-duc-tion 2

Newiorders2

Un-filled j

orders,!end of Jmonth

Southern pine

Pro-duc-tion

Neworders

Un-filled

orders

Millions of feet, board measure

Householdfurniture 3

Ship-ments

Un-filled

orders,end ofmonth

Numberdays'

production

1930: July.— 631931: July — 421932: !

Ju ly . . . . - 25August 23September 23October 24November ._. 21December. 23

1933:January--- --! 26February I 20March I 22April I 24May ! 30June -! 38July —| 40

Monthly average, Jan- juary through July: |

1931 -S 47 j1932 ! 26 !1933 j 29 j

67.852.0

36.135.736.637.637.336.8

35.034.432.533.335.740.043.8

526402

727265275256246252

47.637.3

15.922.524.122 721.116.4

23.42-1. 421.128.834.435.040.0

53. 345.3

21.329.238.422.523. 721.2

26.424.328.333.657.349. 538.6

55.140.236.4

44. 4 I 4S. 123.3 ! 26.330.9 ' 36. <>

172.3165. 6

57.781.0

119.176.181.985.1

120.9109. 7107.9120.4195.2203. 7218.9

177.282.6

153.8

224122

839180

1139975

85788789

116121126

14993

100

197147

9114913414491

76113113180159120

164107122

12883

468082755044

57556467928881

10061

2722

1010119

1117

108

djusted for seasonal variation. 2 Weekly average. 3 Grand Rapids district.

Page 19: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 17

Iron and Steel IndustryCONTINUED expansion during July brought the

operating rate in the steel industry to 59 percentof capacity, the highest level since August 1930. Aslight recession set in at the turn of the month andby the third week of August activity was several pointslower. The slackening in operations was influenced bythe tapering off in steel placements for the automotiveindustry, as requirements for current models were vir-tually filled. Railroad buying continued at a low ebb.

The backlog of the United States Steel Corporationfor July indicated the falling off in orders which becamemore pronounced in August. While the total re-mained slightly higher than that for July a year ago, itfell 4 percent below the tonnage reported at the end ofthe preceding month.

The adoption on August 19 of the code of fair compe-tition under the National Recovery Act should dispelthe uncertainty concerning its provisions which, whilethe code was in a formative state, may have exerciseda restricting influence. However, production of crudeand semifinished steel products in recent months hasapparently been at a somewhat more rapid pace thanthe utilization of these products in final form.

The Federal Reserve Board's adjusted index ofgeneral operations for July equaled the 1923-25monthly average and was nearly 10 percent above thelevel reported in the same month of 1930. The in-crease over June amounted to 39 percent. Average

operations so far this year, however, remained 54percent below the showing for the same period of 1930.The July increase in employment amounted to 14per cent, while in pay rolls it was 17 percent. Al-though figures for both employment and pay rollsshow substantial improvement over July 1932, theyare well below the totals reported in the same monthof 1930 and 1931.

Pig-iron production increased sharply during Julyas 16 additional furnaces aided in stepping up schedulesto more than three times the activity prevailing inJuly last year. Total output was above the showingfor the same month of 1931, but 32 percent below thefigure for July 1930. Steel production for the monthreached the highest tonnage in 3 years. Averagemonthly output of both pig iron and steel in the first7 months of this year exceeded average production forthe corresponding period of 1932, amounting for pigiron to 8.5 percent and for steel to 43 percent.

A steady increase has occurred in machine-tool salesduring recent months. In July, shipments were 35percent above the monthly average figure for the first7 months of the year, while the backlog of orders as ofJuly 31 was the largest since last September.

With the exception of prices for steel billets, whichremained unchanged, iron and steel quotations ad-vanced during July. The price of steel scrap atChicago reached the highest level since October 1930.

IRON AND STEEL STATISTICS

General operations

Year and month

Produc-tion,ad-

justed !

Em-ploy-ment,

ad-justed'

Payrolls,

unad-justed

Monthly average,1923-25=100

Iron andsteel

Ex-ports

Im-ports

Pig iron

Pro-duc-tion

Thousands of longtons

Fur-naces

blast

Num-ber

Steelingots

Pro-duc-tion

Thousands of

longtons

Per-centof

ca-pac-ity

Per-cent

Steelsheets 2

Newor-ders

Ship-ments

Thousands ofshort tons

United!StatesSteel

Corpo-ration,

un-filled

orders,end ofmonth

Man-ganeseore im-ports(man-ganesecon-tent)

Thousands oflong tons

Prices

Ironandsteel,com-posite

Steelbillets,Besse-mer

(Pitts-burgh)

Steelscrap(Chi-cago)

Dollars per long ton

Finishedsteel,com-posite

Dollarsper 100pounds

1930: July1931: July1932:

July.AugustSeptemberOctoberNovemberDecember

1933:JanuaryFebruaryMarchAprilMayJuneJuly

Monthly average, Januarythrough July:

193119321933 _...

9158

252328313127

293121354972100

683348

87.372.1

52.150.651.353.253.852.8

50.651.448.350.052.558.166.3

75.158.553.9

78.652.4

22.222.123.426.225.624.2

22.724.722.424.429.536.242.4

63.431.4

13284

533336415654

57648110012310388

935388

3937

1824293435 129

22202228263453

393229 1

2,6391,463

572531593645631546

569554542624887

1,2651,793

1,796820890

14482

4247495142

454538486390

106

1025662

2,9221,888

807847992

1,0871,032

861

1,0301,087

9101,3632,0022,5983,204

2,4931,2151,742

207144

666679956677

768183119144247174

17697132

195178

736175927767

797375100119153174

185103110

4,0223,405

1,9661,9701,9851,9971,9681,968

1,8991,8541,8411,8651,9302,1072,020

3,7852,3101,931

33.2531.05

29.4829.3329.3229.3229.1228.93

28.6928.3128.3528.1628.4528.7329.81

31.4429.6528.64

31.0029.00

26.0026 0026.0026.0026.0026.00

26.0026.0026.0026.0026.0026.0026.00

29.6426.8926.00

12.008.75

4.885.756.256.005 935^25

5.255.255.256.008.458.91

10.41

9.506.547.07

2.292.20

2.172.172.162.162.152.14

2.122.102.102.062.082.092.17

2.212.152.10

1 Adjusted for seasonal variation. 2 Black, Hue, galvanized, and full finished.

7574—33 3

Page 20: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

18 SUEVEY OF CUERENT BUSINESS September 1933

Textile IndustryACTIVITY in the textile industry continued at a

i i . high level in July, although there was some slack-ening from the exceptionally high rate reached inJune. The recession was general in all major branchesof the industry, according to the consumption of theleading raw materials. Nevertheless, machine ac-tivity in the woolen industry was higher than in June.The Federal Keserve Board's index of production inthe textile industry dropped back to 129 percent of the1923-25 average, a decline of 3 percent from the Junelevel, but an increase of 87 percent as compared witha year ago. With the exception of the figure of thepreceding month, the adjusted index was the higheston record since June 1929.

Wholesale prices of textiles have risen rapidly,partly in reflection of the sharp advance in raw materialcosts, and more recently the higher operating costs.The group index for the latest week reported was 73percent of the 1926 average, an increase of 42 percentfrom the low of last February. Prices of cotton goodsin July were less than 20 percent below the 1926average, and were 60 percent above the low touched inJuly a year ago. Woolen goods prices, at 72 percentof the 1926 average, were up 36 percent from theMarch low.

Raw cotton consumption per working day averaged24,006 bales in July, compared with 26,787 in Juneand 11,146 bales in July 1932. Consumption duringthe crop year ended July 31 amounted to 6,135,525

bales, an increase of slightly more than one fourth ascompared with the preceding crop year. The averagenumber of spindles operated during July, computedon the basis of 8.96 hours per day, was 36,285,617, or117.5 percent of capacity on a single-shift basis.This rate was lower than the June rate of 129.1 per-cent, but was more than double the July 1932 rate of51.5 percent. Wool consumption in July was 2.2percent below the June figure, but was more thandouble that for the same month of 1932. For theelapsed 7 months of the current year consumption hasexceeded last year's corresponding total by 58 percent.Spinning and weaving activities, however, continuedto increase in July. Woolen spindles were operatedat 108 percent of capacity on a single-shift basis, thefirst month that these statistics have reflected over-time operations since 1923. Worsted spindles wereoperated almost at capacity, also the highest operatingrate since the spring of 1923. Weaving operationswere up sharply, and less than 4 percent of the widelooms were inactive, as compared with 13 percent inJune. The increase for narrow looms and carpet andrug looms was smaller, and in each case the activepercentage moved up 2 points.

July silk deliveries to mills were the smallest sinceApril, although consumption was 16 percent largerthan a year ago. Spinning and weaving activity washigher than in June, the increase for spindles andbroad looms being 25 and 11 percent, respectively.

TEXTILE STATISTICS

Year and montho

Monthly av-erage,

1923-25=100

Cotton,raw

L

sSi

Run-ningbales

Cotton and manufactures

fIMil-

lions ofspindlehours

Cot ton clothfinishing 2

35 © 2

Thousands ofyards

kis

Month-ly av-erage,1926=

100

Wool

I

Thou-sands ofpounds

Wool manufactures

Spinningspindles Looms

Percent of active hoursto total reported

Month-ly av-erage,1926=

100

Silk

ss

Bales of133

pounds

Operations, machin-ery activity

U

Percent of active hoursto total

•3 £3

Dollarsper

pound

1930: July1931: July _.1932:

JulyAugustSeptemberOctoberNovemberDecember

1933:January _FebruaryMarchApril __.MayJuneJuly . . .

Monthly average, Janu-ary through July:

19311932.1933

84100

90104

I 99i 92

91

^ 8 7l 83i 76f 85

106133139

9573

100

379,022450,884

278, 568402,601491,655502, 244503, 722440,062

471, 202441,663494,167470,685620,909696,472600,143

464, 692382,143543,177

5,3016,528

3,6565,5396,8667,0466,9676,386

6,7886,2867,0486,5698,3109,2998,138

6,6435,3497.490

38, 79956,153

37,40464,48087,98887,95669, 51579,175

88,30093, 77395,74674,46388,278100, 479

74,046"65,931flO,173

82, 29774, 662

71,62462, 54759, 04066, 63374,85081,933

80, 09782, 27280,44680, 76581, 74075, 395

,3.9

50.052.657.956.253.651.7

50.149.150.050.757.967.180.2

"70,033"78,7798ft,119

70.653.957.9

34,68253,886

26,71941,36146,05542,42338,96336, 532

35, 51033,27824,94328, 70146, 89858, 68857,377

43, 57425, 74140,771

5264

395970736055

5960425377100108

594071

5383

505774735857

56573235759296

634063

4243

172636434233

36362829465354

382140

79.267.4

53.653.456.756.555.354.2

53.453.253.253.361.568.873.3

70.359.459.4

39,94844,746

38,38259,90559,69453, 70343,95540, 548

46,20432,66538,93441,91047,15153,62744,597

48,41042, 28843,584

79.276.4

47.167.683.784.576.283.2

89.780.656.659.275.474.883.9

86.258.474.2

31.035.3

45.938.343.646.845.334.2

37.236.836.342.246.053.053.3

43.142.543.5

52.144.6

41.050.262.061.952.255.5

56.848.938.249.852.362.878.4

51.639.555.3

2.9552.364

1.2311.6471.8051.6731.5621.550

1.3051.2011.1821.3241.5862.1552.373

2.4911.5051.575

1 Adjusted for seasonal variation. 2 Printed only (mill and outside). 3 Grease equivalent. 0 6 months' average.

Page 21: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 19

EMPLOYMENT AND PAY ROLLS[1923-25=100]

Month

January.. . .February _ _..MarchAprilMayJune—JulyAugustSeptemberOctoberNovemberDecember

Monthly average

January _FebruaryMarchAoriL.MayJune .JulyAugustSeptemberOctober.NovemberDecember -

Monthly average

JanuaryFebruary. . ._ . . . __ .MarchAprilMay.June...JulyAugustSeptemberOctoberNovember .December

Monthly average

PENNSYLVANIA 1

1923

104.8106.6108.0106. 9107.8108. 6107.7107. 0106.8106. 6105.5103.3

106. 6

1924

101.1101. 5102. 0100.496.993.089 590.492.293 993.796.0

95.9

1925

97.298.599.098.097.597.195.495. 596.498.398. 199.0

97.5

Employment

1926

99.2100.6100.198.997.797.597.298.1

100. 1101.4101.3100.2

99. 1

1927

98.098.498.696. 596. 295.894. 494. 394.594. 494.393.3

95.7

1928

91.939390.9191.90.

6588

76

92.893.594.9494.

92.

351

7

1929

94.969797.9798.98

100.101101.100.97.

98.

0616q562954

4

1930

95.969594.Q?90.85.

8

6

31

81.285. 381.8380.

9

1

89.0

1931

78*7878.76.

4756q

74.371.872.73

71.71.

71.

7

8

3

8

1932

69.269.508.365.662.961. 558. 759.663.665. 665.263. 3

64. 5

1923

98.101106105.113112.106107.106110.106.

88859610

3105. 3

106. 7

1924

100. 0104.4104102.96.

738

89.181.686. 188.693.9299.

95.

768

0

1925

98.100.

1

101.898.599.296.9995.93.

2q15

101.599.3

103.0

98. 3

Pay

1926

101.104105102.101101.9699.

10t107.104106.

102.

0457

3543

q2

7

rolls

1927

100.0103.0103100.9897.9194.q?95.

93.

97.

5746174178

0

1928

89.959588.q?92.86.

6659304

92.892.998.9696.

4P8

03. 1

1929

94.101103103.104103.qq

lot.109106.10?97.

102.

75378

9

7868

1

1930

9f.797.497.395.491.286.177.478.278.578.573.370.0

85. 0

1931

65. 567.768.768.765.460.956.456.954.955. 351.952.6

60.4

1933

49.348.947.643.239.337.333.234.837 640.639 137.4

40.7

PHILADELPHIA»

103. 6107.9110.4110.6112. 1113.6114.2111.0108. 5109.3107. 5104. 5

109. 4

96. 095.494.fi92.789.685.083. 684.887.792.392.393. 5

90.6

93.794.096.696.297.799.4

100.6101.5103.4106.2104.7105.3

99.9

101. 0102.7102. 5101.9101.3100.3101. 6103.1105. 6108.6109. 5106. 1

103. 7

103.0104.2104. 5101.3100.397.997.298.196.391.394.492.9

98.7

97qs96

Q292.

0309,0

95.397.8

100. 3100.098.192. 7

96.0

949897qq

101

08844

102. 0104.108.105.

436

101.997.495.

100.

4

5

94939191.

8

7

90. 68884.86.,88

s:V77.

88.

434

9

8

1

76.747475.74.74.

s700

379 275.' 075.073.

72.

73.

5939

68.468.266.763.262 060.258. 058.361.364. 263. 360.9

62.9

NEW JERSEY 3

Employment

1928

87.987.987.887.688.088.788.990.293.894.697.198.5

1 90.9

1929

97.899.4

100.8101.7103.2104.0104.7106.5107.8107.6104.7100.2

103.2

1930

98.798.997.595.594.292.591.992.696.897.194.590.4

95.1

1931

85.785.184.883.482.981.179.980.480.679.978.275.1

81.4

1932

72.973.972.270.068.867.864.963.466.066.265.565.2

68.1

Payrolls

1928

<31.532.832.130.231.93?, 330.592.996.699.3

101.1104.2

94.6

1929

102.5105.5107.0107.7109.2108.8106.1110.3111.4113.2108.4103.1

107.8

1930

102.0102.7101.799.397.394.192.093.397.297.691. 687. 1

96.3

1931

i31.032.030.779. 579.675 1"4.073.8W 671.968.865.7

75.1

1932

63.463.460.757 155.854.150.148.051. 452.049.649.6

54.6

93

106.

299,

10S.8117.117117.110.111114.111112.

110.

6q456409

4

90919391.

5

33

86.080. 576.079.483.588.9198.

87.

231

7

94.96

10095

10099.

29

2118

99.0102. 6101.8111.109112.

101.

7

0

9

105.10R108.

219

106.1107105104.106.109.

9

7999,

118.0116. 5116.

109.

2

4

106.3 . 101.31101101051059997.99.9999.98.

7 104.574q9234

99.7

102. 7

099.390959695.99.

103104.10096.

98.

930

34

95.0103. 7104106108108104.111.109108.102101.

105.

3

n1868760

3

96.796.093.893.690.787.281.383.885.983.678.572.4

87.0

65.767.567.568.167.866.061.166.162.463. 460.161.6

64. 8

55.954.352.446.543 942.439.439.844.447.344.742. 6

4<;. 1

DELAWARE *

1928

103.9103.3103.0103.4104. 0103.3104 3102.7105. 5103. 8102.7104.9

103.7

Employment

1929

104.9107.4106.7110.5110.1109.1113.3116.9118.3115.6117.3116.8

112.2

1930

113.5112.8113.4113.0109.9107.7103.0102.199.094.488.387.1

103.7

1931

87.688.188.787.537.036 ?,84.983.881.775.075, 5

83.6

1932

80.079.276.575.473. 272.070.568.872.871.672.274.2

73.9

Payrolls

1928

95.395.998.194.799.698.894.497.298.9

100.499.0

105.9

98.2

1929

102.0107.3108.4111.4115. 0112.0110.3116.6115.6118.3119.2118.9

112.9

1930

114.0113.2114.5114.5110.0107.199.898.895.092.382.783.3

102.1

1931

81.684.486.484.385.882.572.872.967.864.557.859.7

75.0

1932

61.162.960.555 852.251.448.647.350.750.949.452.2

53.6

CONSTRUCTION WAGE RATES5

[Dollars per hour]

JanuaryFebruaryMarchAprilMayJuneJulyA^UgUStSeptemberOctoberN o v e m b e r . . _. . .December

M o n t h l y average

1922

$0. 450.450.430.430.420.430.440

440.450.450.450.470

.442

1923

$0. 470.480.490.500.510.530.540.540.540.540.540.540

.518

Common construction labor rates

1924

$0. 540.540.550.550.560.560.560.560.560.560.560.565

.555

1925

$0. 553.540.543.543.540.530.530

530.530.540.540.540

.538

1926

$0. 540.540.543.543.550.550.553

555.555.550.555.555

.548

1927

$0. 558.558.560.560.565.555.555

555.555.545.545.550

.554

1928

$0. 550.548.548.550.550.555.558

561.561.563.565.563

.556

1929

$0. 559.564.551.529.532.534.530.535.550.550.560.565

.547

1930

$0. 563.563.561.565.563.563.562.561.561.560.559.550

.561

6

1931

$0. 538.543.537.536.539.539.472463

.467

.458

.456

.453

.500

1932

$0. 452.442.436.412.411.412.41442°

.431

.431

.426

.427

.427

1933

$0. 427.429.427.434.444.439.443

1922

$1. 00.99

1 011.001.001.011.011 011.011.011.021.03

1.01

1923

$1.031.041.041.06

.1.091.121.131 141.151.151. 161.15

1.10

Skilled

1924

$1. 161.161.161.171.201.211.201 201 ?,01.211.211.21

1.19

1925

$1.211.211 211.221.221.231.231 231 ?,31.231.231.24

1.22

construction labor rates 7

1926

$1. 241.241.241.251.261.271.271 281.281.291.291.29

1.28

1927

$1. 281.321 3?,1.301.311.331.331 341.341.331.341.33

1.32

1928

$1.341.341 341.351.361.351.351 351.351.351.351.35

1.35

1929

$1.351.351. 351.351.351.361.361 371.351.371.371.37

1.36

1930

$1.371.381 381.381.381.381.381 391 391.391.391.39

1.38

1931

$1.371.371.361.361.361.321.231 191.191.171.161.15

1.27

1932

$1.151.111.11.95.96.99

1.009899

.98

.97

.98

1.02

1933

$0.991.00.99

1.00.99.99.99

1 Compiled by the Federal Reserve Bank of Philadelphia from original reports collected by the bank in cooperation with the United States Bureau of Labor Statistics and thePennsylvania Department of Labor and Industry. These indexes have been revised from 1923 to date. They are weighted according to the relative importance of each indus-try represented in the indexes as revealed by the Census of Manufactures. The indexes are based on reports from about 1,750 manufacturing plants, representing 68 indus-tries which in 1929 employed approximately 573,000 wage earners, whose total pay roll amounted to about $785,000,000, or about 61 percent of all workers and their earningsin the industries covered by the revised indexes. These indexes have been adjusted to the level as shown by the Census of Manufactures from 1923 through 1929 and will besimilarly adjusted in accordance with the 1931 Census as soon as detailed data become available. To make subsequent indexes comparable with those adjusted to the census,a multiplying factor has been applied to every succeeding index number from January 1930. This method preserves the continuity of the indexes without affecting themonthly changes. A complete description of the indexes and the method of computation is contained in a supplement to the August 1933 issue of " The Business Review"of the Federal Reserve Bank of Philadelphia. For 1938 data see pp. 28 and 29 of this issue.

2 Compiled by the Federal Reserve Bank of Philadelphia from original reports collected by the bank in cooperation with the United States Bureau of Labor Statistics and thePennsylvania Department of Labor and Industry. These indexes are based on reports from about 545 plants which in 1929 employed over 154,000 wage earners whose totalpay roll amounted to about $224,000,000, or approximately 50 percent of all factory workers and their pay rolls. The indexes have been adjusted to the level shown by theCensus of Manufactures from 1923 through 1929 and will be similarly adjusted for 1931 as soon as data become available. For 1933 data see pp. 28 and 29 of this issue.

3 Compiled by the Federal Reserve Bank of Philadelphia on the basis of monthly reports to the bank from 1923 to 1926 and since then to the New Jersey Bureau of Statisticsand Records. Current indexes represent reports from about 766 manufacturers covering 56 industries which in 1929 employed about 255,000 wage earners, whose pay rolltotaled over $378,316,000, or approximately 60 percent of the total factory employment and pay rolls. These indexes have been adjusted to the level as shown by the Censusof Manufactures from 1923 through 1929 and will be similarly adjusted for 1931 as soon as detailed data become available. For 1933 data see pp. 28 and 29 of this issue.

* Compiled by the Federal Reserve Bank of Philadelphia on the basis of reports from 56 manufacturing concerns representing 24 industries which in 1929 employed over11,000 wage earners, whose pay roll totaled about $15,756,000, or approximately 50 percent of the total factory wage earners and their pay rolls. The indexes have been adjustedto the trend as revealed by the Census of Manufactures from 1923 through 1929 and will be similarly adjusted for 1931 as soon as detailed data become available. For 1933data see pp. 28 and 29 of this issue.

5 Compiled by the Engineering News Record, and represent the hourly wages of both common and skilled labor in the construction industry. Both the skilled andcommon rates are the arithmetical average of wages actually paid in twenty cities as follows: New York, Boston, Philadelphia, Baltimore, Atlanta, Birmingham, Cleveland,Cincinnati, Detroit, Chicago, St. Louis, Kansas City, Dallas, Minneapolis, Denver, Seattle, San Francisco, Los Angeles, Pittsburgh, and New Orleans. These data are compiled from monthly reports of correspondents in the twenty cities as to wage rates. Where union wages are actually paid, they are used, along with nonunion rates if thelatter are used on many jobs under construction. The average rate for each city is the average rate of union and nonunion, where both exist. The skilled rates are theaverage of three trades—carpenters, bricklayers, and structural ironworkers, the three principal skilled trades in heavy construction. These rates will be shown in the Surveyin the December 1933 issue.

« Monthly averages for 1913, $0,190; 1914, $0,177; 1915, $0,182; 1916, $0,192; 1917, $0,281; 1918, $0,380; 1919, $0,466; 1920, $0,579; and 1921, $0,540.7 Monthly averages for 1913, $0,555; 1914, $0,565; 1915, $0,570; 1916, $0,580; 1917, $0,610; 1918, $0,680; 1919, $0,780; 1920, $1,050; and 1921, $1,060.

Page 22: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

20 SURVEY OF CURRENT BUSINESS

CONSTRUCTION CONTRACTS AWARDED1

September 1933

NON RESIDENTIAL BUILDINGS

MonthProjects (number)

1930 1931 1932

Floor space (square feet)

1930 1931 1932

Valuation (thousands ofdollars)

1930 1931 1932

JanuaryFebruary.-_MarchApril...MayJuneJulyAugustSeptember..OctoberNovember..December..

Total

Monthly average_

2,5782,8033, 6843,9533,9243,7383,9023,5533,2413,3082,4592,027

3,264 !

1,8662,0162,6102,7512,6972,7832,9422,3732,1952,1291,7531,456

1,4811, 7962,0322,1792,1402,0932,0642,1801,9211,7921,5821,363

17, 210,10020, 950, 50032, 207, 30029,100, 80029, 049, 50025, 481, 70025, 234, 80021, 520, 60019, 903,90016, 771,10013, 753, 40013, 585, 500

11, 767,10011,457,60015, 272, 30015,853,10016, 573, 30015, 456, 60016, 373, 00015, 669, 70016, 573, 70015,148, 2009, 221,1008,149,800

5, 378, 6006, 051, 5008, 204,9006, 501,0008,898, 6006, 395,1008, 678, 3008,113,6006, 721, 3004,911,8006, 035, 8003, 330, 800

117, 761139, 994204, 451193, 746186, 650180, 365160, 477136, 397123, 698118, 84496, 05999, 632

76, 82078, 473116,885107, 669107, 580101,830104, 74199, 627110,05898, 58157, 87250, 213

39,170 27, 571 22, 623 264, 769, 200 167, 515, 500 79, 221, 300 1, 758, 074 1,110, 346

2,298 1,885 22, 064,100 13,959, 625 6, 601, 775 146, 506 92, 529

33, 23836, 34849,17245, 51558, 94639,81348, 98249, 07135, 99726,91731,84524,945

480,790

40, 066

COMMERCIAL BUILDINGS

JanuaryFebruary...MarchAprilMayJuneJulyAugustSeptember-OctoberNovember..December..

Total

Monthly average.

1,6571,7802, 2512,3152,2481,9011,9071,9061,8302,0041,4731,159

22,431

1,869

1,1241,2631,5711,5181,4431,4051,4351,2691,1811,2251,033832

15,299

1,275

9521,1701,2761,4041,3671,2681,1411,3201,2681,1751,064829

14, 234

1,186

8,497, 30010,405.90012, 654, 30010, 408, 9009, 775, 6009, 445, 2007,166,4007,814, 7005,603,1006,635,4004, 693,1003, 487, 400

96, 587, 300

8,048,942

4, 327,4003,749,0005,095,9004, 092, 5004,816,0005,013, 6004,139,2003,385,9004,954, 5006,130,7002, 529,9001, 800, 600

50,035, 200

4,169, 600

1,719,7001,864,0002, 614,4002,111,1002, 240, 5002, 267,1001,912,4002,991,4002,035,0001,541,2001,606,600981,100

23,884,500

1, 990, 375

51,30569,57676, 67372,94071, 27058, 52946,02350, 00530, 59935, 42629,15424,820

616,320

51,360

26, 88527,14136, 22326,20625, 69726,85528,44919,10528, 60041,27514.07010,599

311,106

25, 925

9,09810,06710, 60812,60812,23312, 9578,259

18,3578.7717,0346,678

5,748

122,718

10, 227

JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctober.NovemberDecember

Total

Monthly average.

PUBLIC WORKS

Number of projects Valuation (thousands of dollars)

1925 1926 1927 1928 1929 1930 1931 1932 1925 1926 1927 1928 1929 1930 ' 1931 1932

378338661971

1,1311,0381,0491,139

932811510423

9,381

782

365471751937

1,2181,3771,3941,4331,2341,029

624628

11,461

955

449557

1,0111,3951,4931,4921,6101,6501,5511,211

854827

14,100

1,175

505674

1,2471,5861,9142,0982,0251,9771,6191,577

881773

16,876

1,406

566557

1,0271, 6902,0391,8972,0801,9711,7431,633

862643

16, 70!

1,392

661709

1,2751,8612,1182,2882,0281,8171,8481,7611,057

834

18,257

1,521

812911

1,4821,6871,8941,8211, 8361,5191,5831,100879

437483699

1,3301,4441,5541,7261,5121,5881,250966832

16, 393 13, 821

1,366 | 1,152

23, 67129, 70752,94471,89269, 83671, 86359, 25671,40868,34947, 47847, 42736, 722

650, 552

54, 213

36,04439,98369, 03764,92877, 30383, 21489, 37998,43077,63759,81539, 80040, 064

775, 634

35, 78537, 85578,13398, 08890, 551101, 722114,56996, 799106, 39392, 91448,10761, 246

962,162

80,180

37,86548, 05289, 550101,363114,697106,395116,95898,12480,87870,24161,97253, 969

980,063 934,447

38,90929,73057, 583108, 074120, 45395, 475149,15798, 70883,48170,61445, 00237, 261

81, 672 77, 871

49, 72458,03879,310128,123111,479114,08493,19978,31280, 355G7, 40348,80154,180

58,11559,232114,56498, 56490, 461111,34290, 98560, 86970, 44842, 56138, 79939, 508

963, 009

80, 251

875, 448

'2, 954

19, 49415, 63322, 03442, 38457, 88744, 57554, 56256, 72964, 20350, 23750, 09636, 866

514, 700

42, 892

PUBLIC UTILITIES

JanuaryFebruary _MarchAprilMav -- - -June --JulyAugustSeptemberOctober - .November _ _December

Total — .

Monthly average

90103123178172167185170148201147118

1,802

150

106108170199170205203207221196137200

2,122

177

130162234232240225203214260199175182

2,456

205

118152187219249247225233230238169127

2,394

200

118148175226247255271273281278214175

2,661

222

180174254306307321307272309267243190

3,130

261

177182210229263229227209231204125119

2,405

200

102112140128145170150173157128116107

1,628

136

15, 24826,97648, 40546,14311,65427, 91750,19932, 86019, 67551, 25024, 68960, 380

415,395

34, 616

76, 99830,15561, 00935, 45033,85520,23332,17354, 23234, 36452,35632, 871101,023

564, 718

47, 060

31, 33625, 53039,74625, 03738, 28252, 29530, 78625, 62944,18030,17442, 47434, 343

419,812

34,984

42, 98415, 53631,14544, 35138,13835,07622, 24027, 27179, 60087, 34132, 32228, 413

484, 418

40, 368

40, 01537, 55321, 00383,16747, 47959,96153, 08544,13957, 53417, 24235, 31528, 052

524, 546

43, 712

89, 85944, 25870,86637,86742, 719209,30828,87049, 26629, 27645, 78927, 93124, 712

700,720

58, 393

38, 64619, 78337, 62034, 79619,13930, 23126,37912, 40716, 05240, 4139,23510, 967

295, 667

24,639

4,56212, 6477,8194,9113,8315, 5725 4847,4224, 5238,2644,1166,451

75, 602

6,300

1 Compiled by the F. W. Dodge Corporation and represents a revision of the data previously shown in the Survey of Current Business, including the statistics carriedon pages 30 to 33, inclusive, of the 1932 Annual Supplement. The principal change is the breakdown of the statistics for public works and public utilities. The statisticson floor space for public works and public utilities have been eliminated since such a large proportion of this type of construction cannot be measured on this basis, andfor this reason it is not felt that the statistics are of a special significance. Airports have been transferred from the commercial buildings class beginning 1930 to the publicutilities group. The figures previously published for the commercial class included airports, but since separate data for the latter are not available prior to 1930 no revisionof the data can be shown for previous years. Data for the nonresidential class are revised due to the exclusion of airport projects. 1932 data here shown are for record onlysince the figures for that year as previously published included the above-mentioned revisions. For 1933 figures, see pp. 24 and 25 of this issue.

Page 23: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 21

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

Business activity:New York Times * #Business Week * f

Commodity prices, whole-sale:

Dept. of Labor, 1926=100:Combined index (784)...

Farm products (67)...Food (122)

Fisher's index, 1926=100:Combined index (120)—

Agricultural (30)Nonagricultural (90)..

Copper, electrolyticCotton, middling, spotIron and steel composite..

Construction contracts tDistribution: Car loadings..Employment: Detroit fac-

toryFinance:

Failures, commercialSecurity prices:

Bond prices % _Stock prices f

1933 1932Aug. Aug. Aug. Aug. Aug. Aug.

26 19 12 27 20 13

69.658.265.0

70.449.275.863.835.372.719.7

80.1

98.092.5

69.357.564.4

70.349.375.663.834.272.526.966.2

63.3

65.5

58.5

63.834.272.5

88.6

54.2

65.249.5

61.946.963.537.'32.070.637.556.1

29.2

85. 7 144. 7 159. 2

92.167.7

53.5

65.449.961.8

61.846.963.437.727.670.7

54.1

89.961.0

64.254.5

65.249.462.5

61.947.463.037.726.5

1931Aug. Aug. j Aug. Aug.

29 22 30 I 23

71.0

68.957.072.152.926.575.070.9

26. 5 64.153.4 79.6

32.9 50.0

87. 3 103. 659. 71126.

82.3 92.571.4! 88.8

58. 372.452.924.675.0

103. 9 108. iI. 0 193.'5 128.

83.386.581.377.541.979.485.1

102.7

8 5 . 1 — - .

107.1 109.1115.7 107.1

93.188.9

82.885.880.877.541.279.7

98." 1

3 108. 0202.5

I Aug. Aug. Aug.26 19 12

59.1 63.8

78.9

55.0

103.1

53.2

Finance—ContinuedBanking:

Debits, outside N.Y.C.J.Federal Reserve report-

ing members banks:§Deposits: i

Net demand 1101.8 101.8Time |124. 5 124. 9 125. 0 124. 3 124. 2

Loans, totalInterest rates:

Call loans %Time loans %

Money in circulation %--Production:

AutomobilesBituminous coal t ---!Electric power | jLumber X ---IPetroleum t

24.2

115.

65.6

97.8

Steel ingots 1Receipts, primary markets:

Cattle and calvesHogs _CottonWheat

64.5

70.774.299,0

68.4

57.368.5

24.228.6

70.672.297.

53.5

Aug. Aug. Aug.27 20 13

24.226.3

5 115.8 115.8 117. 5 117.9 117.9

48.5.3

31.852.186.2

132.8133.9101.5 101.317.1

76.651.858.1

62. 3 115.1

87.3

48.534.3

1.0

18.4

71.51.0

89.4124.387.'

48.5

36.045.784.952.

102.919.

Aug. Aug.29 22

75.4

109.2154.8

36.440.0

155. 7 164.1114. 7 134.4

62.673.398.3

84.140.8

63.6 99.755.81 61.334.21 50.4.05. 9i 144. 5

82.4

109.3 112.7 112.8

36.437.3

03. 2 102. 3

65.569.6

125.242.1

Aug. Aug." 23

92.:

48.574.392.4

86.38.6

98. 6 101. 4

118.176.3

92.4 96.256. 7 58. 731.5118.1

149.11169. 6

108.0

163. 4134.4

56.574.393.0

95.883.101.5

118.676.3

76.058.191.2

222.

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

t Weekly average, 1928-30=100. X Average same week, 1930-32=100.§ 1933 indexes are based on reports from 90 cities; earlier data cover 101 cities.

WEEKLY BUSINESS STATISTICS

1933 1932

Aug. 26 Aug. 19 Aug. 12 Aug. 27 Aug. 20 Aug. 29

COMMODITY PRICES, WHOLESALECopper, electrolytic, New York dolls, per lb_.Cotton, middling, spot, New York dolls, per lb_.Food index (Bradstreet's) dolls, per lb_.Iron and steel composite dolls, per ton..Wheat, no. 2, hard winter (K.C.) dolls, per bu_.

Banking: FINANCEDebits, New York City mills, of dolls..Debits, outside New York City mills, of dolls..Federal Reserve banks:

Reserve bank credit, total mills, of dolls..Bills bought .mills, of dolls..Bills discounted mills, of dolls..U.S. Government securities mills, of dolls..

Federal Reserve reporting member banks: §Deposits, net demand.. mills, of dolls_.Deposits, time mills, of dolls..Investments, total mills, of dolls..

U.S. Government securities mills, of dolls..Loans, total mills, of dolls..

On securities mills, of dolls..All other mills, of dolls..

Interest rates, call loans percent..Interest rates, time loans percent..

Exchange rates, sterling (daily av.) dollars..Failures, commercial. number..Money in circulation (daily av.) mills, of dolls __Security markets:

Bond sales, N.Y.S.E thous. of dolls, par value. .Bond prices, 40 corporate issues. dollars...Stock sales, N.Y.S.E thous. of shares..Stock prices (N.Y. Times) dolls, per share-.Stock prices (421) (Standard Statistics) 1926=100..

Indust r ia ls (351) . . .1926=100. .Pub l ic util i t ies (37) 1926=100..Railroads (33) ___1926=100..

PRODUCTION, CONSTRUCTION,Production: A N D DISTRIBUTION

Automobiles (Cram's estimate) number..Bituminous coal (daily av.) thous. of short tons..Electric power mills, of kw.-hr._Petroleum thous. of bbl._Steel ingots percent of capacity..

Construction contract awards (da. av.)_thous. of dolls..Distribution:

Exports:Corn .thous. of bu._Wheat thous. of bu._Wheat flour... thous. of bbl..

Freight-car loadings, total cars..Coal and coke cars..Forest products cars..Grain and products . . .cars. .Livestock cars..Merchandise, l.c.l cars..Ore cars..Miscellaneous cars..

Receipts:Cattle and calves thousands..Hogs thousands..Cotton, into sight thous. of bales..Wheat at primary markets thous. of bu._Wool, at Boston, total thous. of lb_.

0.088.0961.93

30.10

2,753 j2,740 j

2,258 ;7 i

1502,094

10,3784,5168.1005.1558, 5053,7374,768

1.001.004.56326

5,607

47,86087.79

11,16589.79

76.180.784.950.3

50,047

~l~630"

493,170

1836,8152,663

0.088 i.093 I1.91 !

30.02 I.84 i

3,4342,957 i

2,240

1662,059

10,3634,5348,1255,1868,5833,7954,788

1.001.154.46

3125,622

47, 30087.958,49585.95

72.175.684.446.7

53, 9201,2641,6502, 767

524,326

258

61634,845133,29226,87528,59817,317

168, 88137,384

222,498

1495,4527,543

1131

45622, 759129,13327, 75831, 59815, 389

169,69633, 035

216,150

1394,957

19, 228

0.088 !.093 !1.95 !

30.02 I. 9 4 i

2,4242,548

2, 2208

1562,048

10, 4954, 5377,9865,0378,5383,7684,770

1.001.254.49349

5,623

52, 60088.088,72886. 05

75.879.289.749.8

53, 8671,2291,6272,790

55

0.052 i.087 j1.75 I

29.24 I.47 I

2,637 12,468 |

2,32135

4271,851

10,1484,5807,0724,2169,3554,0105,345

2.001.503. 46

5895,706

86, 71882. 51

20, 95165. 70

57.755.191.334.7

24, 265887

1, 4362,114

136,016

10975279

537,973134,48816,49537, 96919,196

171,4787,210

188,142

242336148

9,1604,290

0.052.0751.75

29. 26.47

2,971 j2,746 I

2, 34436

4431,851

10,1024,5787, 0654,2229.4274,0425,3852.001.503.48

f

5,725

66, 55980.48

12, 99859.2252.350.483.5

24, 865825

1,4322,111

14

33570872

518,44088,22415,66238,14617,623

169,6367,231

181,918

227331129

8,83016, 796

0.073.0722.14

31.04.42

3,4953,497

1,199181242728

Aug. 22

0.073.0672.19

31.04.44

4,2733,820

1.141155231728

Aug. 30

1.501.754.86436

5,013

51,10892.814,764

122. 8793.987.2

153.362.0

47, 7871,2491,6381,752

3110, 296

361,064

150763,551139,35628, 02640, 22024,317

214, 59134,927

282,114

315398131

11,498* 7,934

0.107.1142.78

32.88.83

4,9004,275

984163193602

Aug. 23

0.107.1122.77

33.00.80

5,7295,010

986159196602

1929

Aug. 31 Aug. 24

0.178.1933.33

36.521.20

10, 3486,037

1,317157

1.501.634.86444

4,968

2.003.254.87471

4,486

46,58293.076,927

124. 3195.889.0

155.164.4

49,9531,1861,6432,608

302,184

112748, 600123, 26227, 23544, 74023,041

214,01035, 724

280,588

292368

8211,8603,409

43, 54397.018,843

200. 23149.5140. 4216. 0122.8

66,1451,5091,6882,461

5813, 668

496,361

226984,510177, 36242,82459,65824, 554

239,32255, 748

385,042

304381307

13, 49413, 651

2.333.25 I4.87

4364,475

38, 99096. 688, 832

196. 66149.1139.9216. 5121.5

73,1291,4161,6912,471

58

643,104

337940, 558160, 766

41, 37657,97521, 842

236, 42355, 087

367,089

240377237

17,6652,846

8.639.004.85

3654,790

55, 58092. 25

20, 325299.18

226. 9218.9314.0173. 5

113,3161,8141,7622,973

8820, 444

. 535,004

2301,162,100

201, 55969, 82353, 49626, 828

266, 74375, 237

468,414

291482138

13, 8078, 263

0.178.1873.35

36.521.22

10,9106,305

1,309132986149

6. 638.884.85399

4,778

55, 72292.28

23, 688292. 53

222.5214.6311.7167.1

111,9021,6921,7502,966

89

2154,493

2001,137,966

186,78669,66361, 83126, 202

261, 80075,736

455,948

297429135

18,5539,380

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

Page 24: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

22 SURVEY OF CURRENT BUSINESS September 1933

Monthly Business StatisticsThe following summary shows the trend of industrial, commercial, and financial statistics for the past 31

months. Statistics through December 1931 for all series except those marked with an asterisk (*) will befound in the 1932 Annual Supplement to the Survey of Current Business, together with an explanation of thesources and basis of the figures quoted. Series so marked represent additions since the Annual was issued andsimilar information, if published, will be found in the places noted at the bottom of each page. Later data willbe found in the Weekly Supplement to the Survey.

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1933

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

BUSINESS INDEXES

BUSINESS ACTIVITY (Annalist) §

Combined index normal=100—Automobile production normal = 100—Bituminous coal production.. .normal=100—Boot and shoe production __normal=100 _Carloadings, freight normal=100—Cotton consumption normal=100..Electric power production normal=100._Pig-iron production normal=100..Steel ingot production normal = 100. _Wool consumption normal = 100..Zinc production . . . normal= 100—

INDUSTRIAL PRODUCTION (F.R.B.)

Total, unadjusted 1923-25= 100—Manufactures unadjusted 1923-25=100—

Automobiles 1923-25=100.,Cement 1923-35=100-Food products 1923-25=100..Glass, plate 1923-25=100..Iron and steel 1923-25=100—Leather and shoes 1923-25=100..Lumber 1923-25=100..Paper and printing 1923-25=100..Petroleum refining 1923-25=100..Rubber tires and tubes 1923-25=100..Shipbuilding 1923-25=100..Textiles 1923-25=100..Tobacco manufactures 1923-25=100..

Minerals, unadjusted 1923-25=100Anthracite 1923-25=100.Bituminous coal 1923-25=100..Iron ore shipments . . ..1923-25=100Lead 1923-25=100..Petroleum, crude 1923-25=100..Silver 1923-25=100..Zinc 1923-25=100..

Total, adjusted 1923-25=100—Manufactures, adjusted 1923-25=100

Automobiles . . . 1923-25=100.Cement.__ .1923-25=100—Food products 1923-25=100Glass, plate 1923-25=100..Iron and steel. . . 1923-25=100—Leather and shoes 1923-25=100..Lumber 1923-25=100-Paper and printing 1923-25=100Petroleum refining 1923-25=100..Rubber tires and tubes 1923-25=100—Shipbuilding 1923-25=100-Textiles... 1923-25=100 .Tobacco manufactures 1923-25= 100-

Minerals, adjusted . 1923-25=100.Anthracite 1923-25=100Bituminous coal . . 1923-25=100-Iron ore shipments 1923-25 = 100..Lead 1923-25=100—Petroleum, crude 1923-25=100-.Silver 1923-25=100Zinc 1923-25=100

INDUSTRIAL CONSUMPTION OFELECTRICAL ENERGY

Consumption by geographic sections:Total, United States __. 1923-25=100-

Middle Atlantic —1923-25=100—New England 1923-25=100.North Central 1923-25=100—Southern 1923-25=100—Western _ 1923-25=100—

Consumption by industries:Total, all industries 1923-25=100..

Automobiles, including parts and acces-sories 1923-25=100-

Chemicals and allied products1923-25=100-

Food products 1923-25=100—Leather and products 1923-25=100-Lumber and products 1923-25=100-.

9494736897

14893

11345

1201269055698134

139

" 66"98997056

10015010011446

1291179267764036

136

71

110.7115.3109 0105.4125.0119.0

110.7

67.2

146.7147.2101.2103.3

52.031.645.183.448.857.467.318.019.365.131.2

56553461803623762580

141877964

1236245421529

106343158573350

a 823625

a 742586

141895469

1146455468

311044034

«76.370.066.275.485.388.7

76.3

58.0

124.9122.073.769.2

55.524.649.991.148.975.367.516.718.387.128.2

59582662782123942581

135683386

1156648491732

106402960592348832123842384

135682290

1086548508

331044131

73.568.467.766.887.989.4

73.5

33.7

116.6123.282.269.8

60.425.457.0

101.452.489.068.319.722.495.528.1

67662667934327

1072389

1336184

1041237362611539

108342966662454954328932388

1336484

1041117061588

411043631

84.083.880.574.8

108.596.0

84.0

36.5

126.8129.593.780.6

60.017.564.5

100.456.083.466.220.923.984.830.8

68661563895030

1042594

13760

1581021128079742239

104363267651655895031942491

13768

21699

1047461671338

1033633

85.186.890.275.4

103.896.8

85.1

37.7

129.0118.393.788.5

59.728.264.394.555.381.467.021.423.981.432.6

65631853875729852089

13855

11995

1067867746

47105393565633153835931892187

13873

13692

1047565667

451063735

87.791.384.078.5

104.4101.3

87.7

47.3

130.1121.395.496.2

59.252.865.183.556.575.865.718.320.881.036.1

60583234865424732081

13246608691727470

3993303966646043847227852386

132677891

112767566

39963038

79.483.375.272.194.193.8

79.4

56.2

124.3103.279.883.5

57.247.754.787.954.374.663.118.322.172.636.6

64634023947828792384

132546492

107715763

46102364265644838898829852686

132599187

113735357

451073640

81.985.775.576.390.1

100.0

81.9

59.2

126.0107.583.690.4

56.531.761.095.353.172.163.518.523.170.640.0

65633524896832922088

13258

12988

104766867

41108334764623341896331902085

13254

18183

115796463

401103044

85.891.879.8

• 80.599.3

102.0

85.8

61.2

130.0112.595.091.0

52.927.252.888.949.372.962.215.516.251.440.0

61593429905924872386

13545

1127894746361

46120484760572740915421852285

13541

1447699817751

451224444

75.380.870.267.885.995.8

75.3

42.6

115.6101.581.484.7

57.440.955.798.053.075.363.018.127.667.542.0

68685734996139912688

140763188

107654546

45108364767664435

1055535942485

140653285

116724455

451083645

84.486.373.879.8

a 9 9 . 8103.2

84.4

54.8

121.0119.782.589.5

66.847.957.9

120.254.7

100.766.925.739.8

112.442.4

79796450989653993287

14711831

1061457643502136

136354677775142998849

1073085

14794

1061437843571437

1343646

92.997.385.789.1

103.9107.0

« 92. 9

58.9

« 127.1o 126. 2

93.5« 91.3

76.055 065.6

123 658.9

125 871.239.957 5

51.0

« 90

a 917564

« 9912072

° 1094091

153139

126147

a 82°57-57

3042

« 1372853

a 91« 92

6651° 100

11872

a 1143891

154115

133135

a 8465

a 641541

0 1342955

° 103. 8• 108. 2

104.3a 97. 6

a 119.8<* 111.6

a 103. 8

a 64. 8

a 135. 7130.8100.2

a 94. 5» Revised. § Indexes for July not available due to a general revision in the series. Revised data will be shown in a subsequent issue.

Page 25: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 23

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April M a y June

BUSINESS INDEXES—Continued

INDUSTRIAL CONSUMPTION OFELECTRICAL ENERGY-Continued

Consumption by industries—ContinuedMetals, group 1923-25=100..

Electrical apparatus 1923-25=100-Metal-working plants 1923-25=100-Rolling mills and steel plants

1923-25=100-Paper and pulp 1923-25=100-Rubber and products 1923-25=100..Shipbuilding .1923-25=100-Stone, clay, and glass 1923-25=100..Textiles _. 1923-25=100..

MARKETINGS

Agricultural products* 1923-25=100..Animal products 1923-25=100..

Dairy products 1923-25=100..Livestock.... ..1923-25=100..Poultry and eggs 1923-25=100-Wool __ 1923-25=100-

Crops. 1923-25=100..Cotton _ 1923-25=100..Fruits _ 1923-25=100-Grains 1923-25=100-Vegetables 1923-25=100-

Forest products.. .1923-25=100..Distilled wood .1923-25=100-Lumber .1923-25=100-Naval stores— .1923-25=100..Pulpwood 1923-25=100-

ORDERSOrders, new 1923-25=100-

Iron and steel 1923-25=100-Lumber and products 1923-25=100..Paper 1923-25=100-Stone, clay, and glass 1923-25=100-Textiles 1923-25=100..Transportation equipment 1923-25=100..

Orders, unfilled 1923-25=100..Iron and steel 1923-25=100..Furniture and flooring 1923-25=100..Paper 1923-25=100-Brick and glass 1923-25=100-Textiles .1923-25=100..Transportation equipment 1923-25=100-

STOCKSDomestic stocks 1923-25=100..

Manufactured goods 1923-25=100..Chemicals and allied prod...1923-25=100-Food products.. 1923-25=100..Forest products 1923-25=100-Iron and steel products 1923-25=100..Leather . . . . 1923-25=100-Metals, nonferrous 1923-25=100..Paper, newsprint 1923-25=100..Rubber products 1923-25=100..Stone, clay, and glass 1923-25=100..Textiles 1923-25=100..

Raw materials 1923-25=100..Chemicals and allied prod.—1923-25=100-Foodstuffs 1923-25=100..Metals 1923-25=100..Textile materials 1923-25=100..

World stocks—foodstuffs and raw materials:Total . 1923-25=100-

Cofifee—adj. for seasonal 1923-25=100..Cotton—adi. for seasonal 1923-25=100..Rubber—adj. for seasonal 1923-25=100..Silk—adj. for seasonal 1923-25=100.Sugar—adj. for seasonal 1923-25=100.Tea—adj. for seasonal 1923-25=100.Tin—unadjusted 1923-25=100.Wheat—adj. for seasonal 1923-25=100..

83.0112.878.0

91.7128.3157.076.4

107.0119.0

9195

1307384

534876273

13151

63135

110» 124

100

" 8 21677487

153

82216

245

183

50.779.250.2

51.294.595.682.577.554.0

1176176

3845110718170551353

11464

132104120

9183

20512872

17475

15388

162128193

274M62

264311214327128236204

44.067.645.0

44.794.776.477.971.865.7

7985

1067378

32271

°4585

10246551454

10761

3727237636

1110

32372137234534

13410211692988783

20113875

15574

15790

175125

M32268323206314130226189

50.681.451.8

51.3107.487.784.090.386.7

»10381887772

213»125•175

10198755217498970

4534278334

1351033382355224923

14310012184989183

20512769

14674

173112180122217

262M28

244325204311136229198

54.880.953.0

54.8111.386.572.384.394.8

12383828475

128•165•27114287875627537884

4033218135131032382250225021

155981227399878319212576

» 13977196122195116263

256429221330186310141226207

57.585.656.1

56.6113.693.084.081.993.0

10884847411784

"133»246

7754705140477792

33241471371150283719352541

1579812167103858519111782

»14682199122185106287

260434239328188306153228204

54.076.052.7

53.398.877.284.056.286.5

828187681193884

M366345614745427090

153961216610881831938381

•15976193117177109282

262426229330193314155220217

58.474.052.8

54.7104.485.283.558.585.0

«768110175

1499712269107°80851969078

«1607418611216995277

263402229326206312145212

64.283.358.4

60.6111.091.089.267.284.1

61698963766352

«5365

•387651374823

1439712069105«85822008980

•1637717610416486259

259394212328220331147207220

50.575.050.5

50.595.268.071.568.879.0

7610263104305549654010554355033

» 101

° 351775401180

• 2835193524

a 455

« 97123«69103«85812068880

"164°81

•1699916382

°241

261375231330217326158209

58.089.455.3

62.3102.382.073.074.586.0

•7386976813749

•49746083572553

40411971361190

•3136203424

•604

13395119•69101•82832078176

«159«811619316078

a225

267362236331225348167204

65.5•104.1

63.7

68.8112.0124.571.390.096.4

9210313179153131"81°601119086602757122

5653327738

•1631

•3637

•283524

•78

* 133•9711279101°87822019077

°155«79» 159

9017184

"206

269343255326217344171201208

73.0106.9•72.6

•79.8• 125.0»137.0

75.7»102.0»117. 7

9110214479108399816265100103

2860135

677432874020244542273327122

» 135» 101"107"109

94•104

8118584

•74•154"107» 159•8718984

•184

267340247353242317164192219

COMMODITY PRICES

COST OF LIVING (N.I.C.B.)Total, all groups 1923=100.

Clothing 1923=100.Food. . . 1923=100.Fuel and light 1923=100.Housing 1923=100.Sundries 1923=100.

FARM PRICES (Dept. of AgrL)§Total, all groups 1909-14=100.

Cotton and cottonseed 1909-14=100.Dairy products * _ 1909-14=100.Fruits and vegetables 1909-14=100.Grains 1909-14=100.Meat animals 1909-14=100.Poultry products * 1909-14=100.Unclassified 1909-14=100.

75.263.971.782.663.290.3

768471

10394666751

77.064.869.185.371.792.8

5741638342726538

76.864.369.085.571.292.8

5951657943697540

76.664.268.786.070.592.6

5957676841678442

76.164.468.786.369.691.4

565168593660

10244

75.664.068.086.568.791.5

544768573457

11543

75.163.567.686.367.591.3

524369593352

12145

73.762.664.986.066.490.7

5145685934519646

72.161.862.285.965.489.4

4944625734536744

71.861.261.985.864.689.4

5048596036565443

71.560.761.984.664.089.3

5349596647575644

72.160.764.182.863.589.4

6265636862656247

72.861.666.282.263.489.3

657463665548

« Revised. h Estimated. * New series. See p. 18 of the March 1933 issue (marketings) and p. 20 of May 1933 issue (prices).

§Data for August 15: Total, 72, cotton and cottonseed 71, dairy products 72: fruits and vegetables 120, grain 81, meat animals 63, poultry products 67, unclassified 54.

Page 26: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

24 SURVEY OF CURRENT BUSINESS September 1933

Monthly statistics through December 1931together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1933

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April M a y June

COMMODITY PRICES—Continued

R E T A I L P R I C E S

Department of Labor indexes:Coal 1913=100..Food ...1913=100 .

Fairchild index:Combined index* Dec. 1930=100

Apparel:Infants' wear* Dec. 1930=100Men's* _ . . Dec. 1930=100-Women's* Dec. 1930=100—

Home furnishings* Dec. 1930=100 .Piece goods* Dec. 1930=100-

WHOLESALE P R I C E S

Department of Labor index:Combined index (784) 1926=100

Economic classes:Finished products 1926=100..Raw materials .—1926=100Semimanufactures 1926=100-

Farm products 1926=100.Grains 1926=100-Livestock and poultry. . 1926= 100—

Foods 1926=100..Dairy products 1926=100—Fruits and vegetables . . . 1926=100..Meats 1926=100

Other products ...1926=100Building materials 1926=100..

Brick and tile 1926=100Cement 1926= 100—Lumber 1926=100

Chemicals and drugs 1926=100.Chemicals 1926=100Drugs and Pharmaceuticals. 1926=100..Fertilizer materials 1926=100—

Fuel and lighting 1926=100Electricity ..1926=100-Gas 1926=100..Petroleum products 1926=100..

Hides and leather 1926= 100—Boots and shoes , 1926=100Hides and skins 1926—100Leather .. 1926=100

House furnishing goods 1926=100-Furniture 1926=100Furnishings 1926=100..

Metals and metal products 1926=100..Iron and steel _._1926=100.Metals, nonferrous 1926=100Plumbing a n d h e a t i n g

equipment 1926=100..Textile products „ 1926=100

Clothing— 1926=100-.Cotton 1926=100Knit goods 1926=100..Silk and rayon 1926=100Woolens and worsted 1926=100-

Miscellaneous 1926—100Auto tires and tubes 1926=100..Paper and pulp 1926=100-

Other wholesale price indexes:Bradstreet's (96) . 1920=100.Dun's (300) 1926 = 100

World prices, foodstuffs and raw materials:Combined index* 1923-25=100

Coffee* .1923-25 = 100..Copper* . . . . . 1923-25=100—Cotton* 1923-25=100Rubber* 1923-25= 100..Silk*. _ . 1923-25=100.Sugar* 1923-25 = 100Tea* 1923-25 = 100Tin* . . —1923-25 = 100.Wheat* 1923-25 = 100

Wholesale prices, actual. (See under respec-tive commodities.)

155105

76 1

80 775.178.277.874.8

68.9

72.261 869.160 173 447.465 566.175 650 872 279.578 288 °75 973 280 356.868 665 3

41.380 388 388 778 074.874 675.180.6

67 6

69 468 070 6g0 255 °37 972.3f54 o41.478. I

C9 732 8

45.562.539 718.431.8

52 192. 350 3

166101

74.0

78.475.875.075.269.8

64.5

70.554.755.547.936.754.160.958. 259.762.069.769.775.977.356.973.078.957.666.872.3

105. 8108. 349. 768.684.433.560.074.073.075.179.277.247.0

67.151.5

a 60.950.047.826.253. 664.340.176.2

52.668. 3

26.651.436.521.36.8

17.225. 927.341.634.3

168101

73.6

78.574.774.974.870.7

65.2

70.755.757.949.138.252.861.860.255.661.970.169.675.279.055.573.379.757.066.472.1

104.4107.048.969.784.439.360.073.672.674.880.178.748.5

67.152.76 6 052.648.529.553.464.640.176.3

55.571. 1

30.559.837.727.28.5

23.028.430.545.736.2

171100

73.6

77.974.675.474.971.1

65.3

70.456.260.749.137.451.261.860.652.560.970.470.575.479.056.372.979.856.663.670.8

103.4107.646.772.284.448.263.273.772.774.780. 179.751.6

66.855.667.357.950.432.656.764.742.775.5

56.372.4

32.673.243.228.39.0

25.228.433.349.337.5

172100

73.3

77.274.575.474.270.9

64.4

69.654.660.746.934.445.060.560.552.256.470.270.775.379.056.672.779.855.963.471.1

104.6104.447.472.884.649.664.173.772.874.780.380.450.7

67.555.062.556.250.930.856.564.144.673.4

53.971.4

30. 162.841.424.38.5

23.428.236.347.635.0

17299

72.6

76.973.974.374.070.3

63.9

69.354.258.946.733.241.960.662.352.453.769.870.775.479.056.672.479.755.063.571.4

103.1100.048.271.484.246.161.973.772.774.779.679.449.1

67.553.962.253.651.029.555.363.744.673.4

53.371.0

27.852.437.122.88.1

21.826.433.646.433. 1

!

17399

71.8

77.173.074.173.069.6

62.6

68.452.157.744.131.738.758.359.552.849.469.070.875.181.156.572.379.754.763.169.3

104.196.545.069.683.841.759.273.672.774.779.478.848.3

67.553.062.551.749.329.354.263.444.673.0

52.669.0

25.751.934.821.7

7.721.720.928.045.131.2

17295

71.1

77.272,472.772.567.7

61.0

66.750.256.942.632.937.855.855.253.049.567.370.174.981.255.971.679.354.962.366.0

103.296.738.768.983.343.057.172.972.373.578.278.546.4

62.851.961.950.148.427.053.461.244.672.0

50.668.1

25.148.434.622.87.2

18.218.029.245.232.0

17191

69.9

76.771.671.971.566.1

59.8

65.748.456.340.932.740.153.752.452.450.266.069. S75.181.856.471.379.054.861.563.6

102.996.634.368.083. 340.955. 372.371.972.977.477.346.2

59.451.261.249.148.325.653.259.242.672.1

49.267.7

24.947.034.622. 46.9

16.818.540.046.730.0

17091

69.7

76.471.271.770.965.8

60.2

65.749.456.942.836.043.054.650.954.350.565.870.374.981.857.871.279.354.861.962.9

100.596.633.168.183.241.455.672.271.872.977.276.447.9

59.451.361.350.047.125.553.258.941.372.2

50.668.0

27.047.036.225.77.0

16.523.939.848.430.1

16490

69.4

76.470.771.870.265.1

60.4

65.750.057.344.544.841.056.153.157.850.365.370.275.081.857.971.479.554.662.961.598.397.532.569.483.245.857.271.571.571.776.975.749.2

59.451.861.450.747.226.353.357.837.470.6

54.170.8

28.644.539.025.48.3

18.527.938.154.032.9

ii

15594 !

70.4

71.072.371.167.2

62.7

67.253.761.350.252.846.859. 458.858.852.366.571.475. 281.859.673.280.955.066.860. 494.6

103. 331.276.983.667.368.371.771.672.0

75. 256 6

61.355.961.957.948.029.161.558. 937.fi70.7

62. 174.2

34.246.548.431.611.622.232.739. 671.438.8

15297

72.3

78. 771.873.772.869.6

65.0

69.056.265.353. 257.440. 661.263.163. 952.468.974.777.081.867. 473.781.555.568.061.591. 7

101. 434.482.485.581.474.373.473.473.679.376.263.2

67.461.5f»4.567. 150.9

68.8m. 840. 173.5

o4. 579.1

37.645.556 235.314.430.134.742.387. 939.9

CONSTRUCTION AND REAL ESTATE

CONSTRUCTION CONTRACTSAWARDED

Contracts awarded, F .R.B. :Total, unadjusted. . .1923-25=100..

Residential- 1923-25=100..Total, adjusted 1923-25=100..

Residential 1923-25=100-F . W. Dodge Corporation (37 States):

Total, all types: #Projects number . .Valua t ion . . . _ thous. of dolls..

Nonresidential buildings;§Projects. number . .Floor space thous. of sq. f t . .Valuation thous. of dolls „

8,22982,693

2,8026,978

40,122

31122711

7,008128, 769

2,0648,678

48,982

7,133,

2,8,

49,

32113012

185988

180114071

30123012

7,152127, 527

1,9216,721

35,997

28122912

6,483107,274

1,7924,912

26,917

24102710

5,266105, 302

1,5826,036

31,845

4,81,

1,3,

24,

22*8289

205219

363331945

187

228

3,80083, 356

1,4664,460

28, 732

3,52,

1,4,

23,

167

198

884712

532085670

148

148

6,30359,959

2,2545,000

26,359

* New series. For earlier data see p. 19 of the December 1932 issue (Fairchild index) and p. 20 of September 1932 issue (world prices).# Data on floor space dropped. See p. 20 for explanation.§ Data for this series have been revised for years 1930-31-32 and may be found on p. 20 of this issue.

7,25456,573

2,5354,972

23,807

9,77,

3,6,

31,

19131611

409172

152525639

Revised.

1 211 141 181 13

9,186102, 980

3,0827,137

50. 774

Page 27: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 25

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

CONSTRUCTION AND REAL, ESTATE—Continued

CONSTRUCTION CONTRACTSAWARDED—Continued

F. W. Dodge Corporation (37 States)—Con.

Public utilities:#Projects number..Valuation thous. of dolls..

Public works:#Projects number..Valuation thous. of dolls..

Residential buildings:Projects „ .number..Floor space thous. of sq, ft..Valuation thous. of dolls..

Engineering construction:^'Total contracts awarded (E.N.R.)

thous. of dolls..

HIGHWAY CONSTRUCTION

Concrete pavement contract awards:Total thous. of sq. yd..

Roads only thous. of sq. yd_.Federal-aid highways:

Approved for construction:Estimated total cost thous. of dolls..Federal-aid allotment thous. of dolls..Mileage, total number...

Initial number..Stage (added improvement) number..

Under construction:Estimated total cost thous. of dolls..Federal-aid allotment thous. of dolls..Mileage, total... -..number.-.

Initial number..Stage (added improvement)...number..

Mileage completed to date number..Balance of Federal-aid funds for new con-

struction thous. of dolls..

CONSTRUCTION COSTS

Building costs—all types (American AppraisalCo.)* 1913 = 100..

Building costs—all types (A.G.0^1913 = 100.Building costs—all types (E.N.R.)§. 1913 = 100..Building costs—electric light and power con

struction (Rkhey)* 1913 = 100..Building co4,s—factory (Aberthaw). 1914= 100..Building material costs: %

Brick house, 6-room 1913 = 100..Frame house, 6-room 1913 = 100..

MISCELLANEOUS DATA

Construction—employment and wages:Employment, Ohio. (See Employment.)Wages, road building. (See Employment.)

Fire losses, United States thous. of dolls..Ship construction. (See Trans. Equipment.)Real estate:Market activity each month 1928=100..N e w financing. (See Finance.)

1604,132

91014, 809

4,3577,38323,630

50, 368

1,428879

9, 2083, 539944533411

"l% 84411,2437, 6203,017

109, 125

12, 874

162165.5

'20,000

1505,484

1,72654, 562

3,0685,45619,741

120,458

7, 2366,230

49, 67622, 5163,5381, 6471,891

240, 857112. 6301J, 2378,3042, 934

101,191

56,836

150163

153.4

149

154148

32,982

47.2

1737,422

1, 51256, 729

3,3205, 545

20,767

81, 634

12, 27511,137

56,15419, 2853,8212,0251,795

242, 175112,68*?11,5188, 2603,258

101,505

51,425

149162

156.8

150

155148

31, 426

54.2

1574, 523

1,58864, 203

3,4866, 550

22,804

114, 487

12, 65310,690

58,31918, 3943, 6c) 12, 3391, 353

260,943115,52813, 2689,1164,152

101,124

42,075

149163

158.0

153166

155149

30,972

53.4

1288,264

1, 25050, 237

3,3135,984

21,856

100,812

6,7125,667

56,05817, 3783B5702,4981, 072

255,315107,15213. 2248, 9664, 258

102, 361

33,593

147163

159.2

153

153148

30, 734

60.4

1164,116

50, 096

2,6025,49019, 245

100,443

8,0027, 592

51,97615, 6193,2282,249

978

250, 724101, 09812, 9789, 1523,826

103,874

25,583

146163

158.2

152

154148

31,168

50.1

1076, 451

83236, 866

1,9033,43712,958

103, 360

5,6494,638

45,08513,3142. 6821,911770

250, 97898, 25713,3499,3533, 996

104, 5-32

20, 294

145163

158.5

152166

153149

9,191

52.9

7,974

45134, 699

1,7943,16011,951

95, 392

5,3875,129

40,18011, 9032, 4891,881609

252, 37295, 88413, 3019, 3473, 953

105, 055

18,075

142163

158.4

152

152147

35,548

50.4

934,726

37312, 510

1,8863,14911,805

60, 513

1,4401,280

33,0509, 8162,2181, 660558

260,18597, 33713, 5619, 5504,011

105,412

15, 746

141163

159.3

150

151146

6,661

57.2

1502,499

70115, 079

3,1984; 773

16, 021

57, 934

1,6961,478

25, 7387, 4981,9591,408551

265, 67898, 31113,8559, 6284, 228

105, 645

14, 550

140163

158.4

151165

153147

35, 321

41.7

1142,390

57111, 233

4,0345, 81419,144

49, 393

570379

13,1273, 9381,151783368

269,48997,55114, 2099,7094,500

105, 835

15, 622

140158 I

160. 2 I

153

150143

27, S

41.1

1765, 640

78213,372

5, 2998, 352

26, 520

78,198

1,9021,633

8,3712, 642762

260, 73692, 66913,6579, 2584, 400

106,551

16,317

140158

161 4

150145

24,339

DOMESTIC TRADE

1,809121

09

38470

795422309

220190

5904

16253

6,34568997

141180

1,400184

2,417137

02

5457188

8085

328

1820

17

812222

3789

8,195789127224274

1,914176

2,286127

00

6752284

6843

332

1980

15

921720

38537

6,80766812990

2761,731

146

2,493780

23139474

90780

132310

1820

12

809

68366147

6,836512133185149

1,761149

3,03658

019

13455692

909163518

2110

15

790

52358485

8,293567202222163

1,805200

3,06057

029

17062888

8960

6914

2471612

1160

44354320

9,053535195198170

2,305229

3,006118

017

18665099

8980

848

3082712

780

5139575

7,827375146162128

1,896212

2,803176

021

14569985

75032498

31954

9

790

33361

24

5,569421111106108

1,257198

2,620171

039

100638

76722

501212

29236

0

740

36334

30

8,2361,164

128150

552,181

191

3,014215

047

12071986

860770

1329457

0

940

33364

34

8,670834150241

982, 453

196

2,466126

052

10359882

76743

76

28136

0

770

1823932

9,285962172244144

2, 324204

2,287121

05333

55086

713440

11304

440

820

17207

23

9, 1067791922f>8106

2, 029177

1645, 046

93319, 392

5, 0078,309

27, 708

104, 200

1,8611,547

8,9963, 067

759523237

242, !0780,141.12,3848, 3973, 986

107,869

15,190

141161

163. 4

168

21,579

ADVERTISING

Radio broadcasting:Cost of facilities, 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.House furnishings 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.

1 Data for June, September, December 1932, March and June 1933 are for 5 weeks, other months 4 weeks.* New series. For earlier data see p. 19 of January 1933 issue (building costs, Richey), and p. 20 of August 1933 issue (building costs, American Appraisal Co.),§ Index for August 1, 167.0. t Compilation of basic data discontinued by department for reason of economy,# These series represent a breakdown of the combined total previously shown. See p. 20 for earlier data.v Preliminary.

7574—33 4

2, 065115

02238

51993

607160

12236440

7108

24142

7, 635677107203208

1,600197

Page 28: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

26 SURVEY OF CURRENT BUSINESS September 1933

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1933

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

DOMESTIC TRADE—Continued

ADVERTISING—Continued

Magazine advertising—ContinuedFoods.. . thous.Garden thous.House furnishings thous.Jewelry and silverware thous.Machinery thous.Office equipment thous.Paints and hardware thous.Petroleum products thous.Kadios thous.Schools ___thous.Shoes and leather goods thous.Soaps and housekeepers' supplies

thous.Sporting goods thous.Stationery and books thous.Tobacco manufactures tbous.Travel and amusement thous.Miscellaneous thous.

Linage, total thous.Newspaper advertising:

Linage, total (22 cities) thous.Linage, total (52 cities) thous.

Classified thous.Display thous.

Automotive thous.Financial thous.General thous.Retail ..thous.

of dolls,of dolls,of dolls.of dolls,of dolls,of dolls,of dolls,of dolls,of dolls,of dolls,of dolls.

of dolls.of dolls,of dolls,of dolls,of dolls,of dolls,of lines.

of lines.of lines,of lines,of lines.of lines,of lines,of lines,of lines.

COLLECTIONS

Delinquent accounts, electrical trade:Amount dollars-Firms..- number .

1,34310

20047232538

23058

12185

518142100326233147

1,315

49, 30478,31916,06402, 255

6J 1392, 390

1-4* 27239,448

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 ware-houses. _ percent of total.

NEW INCORPORATIONS

Business incorporations (4 States) number.

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—

RETAIL TRADE

Chain-store sales:Combined index (20 companies)*

av. same mo. 1929-31 = 100..Apparel (4 companies) *

av. same mo. 1929-31 = 100..Grocery (6 companies)*

av. same mo. 1929-31 = 100.Five-and-ten (variety) stores:

Total, 8 chains, unadjusted—1923-25= 100—Total, 8 chains, adjusted 1923-25= 100—F. and W. Grand:

Sales thous. of dolls..Stores operated .number. _

S. S. Kresge Co.:Sales thous. of dolls—Stores operated number._

S. H. Kress & Co.:Sales thous. of dolls..Stores operated number. _

McCrory Stores Corp.:Sales thous. of dolls..Stores operated.. number..

G. C. Murphy Co.:Sales thous. of dolls..Stores operated number..

Isaac Silver & Bros.:Sales thous. of dolls.Stores operated number.

21. 754340

2, 402

3,00130, 957

8, 86381, 759

123142

9,407719

4, 929231

2, 546227

1,804179

1,46532

42470174953

375114202

59

578189122418228297

* 1, 323

50, 42G80,87117,20763, 665

5,5742,226

13,65342, 212

56, 083838

62.6

2,534

545, 060

3, 06630, 454

8,18770,157

2,934

23, 7892,959

83

72

83

118135

1,14376

9,042718

4,492227

2, 681241

1,394173

53340

1,40316

223472825

3375

99219

21

451125

66320133212928

49, 57778,83917, 56361, 2754,7541,621

13,03441, 866

60, 096902

62.7

2,909

568,887

3, 06130, 286

8,30672, 506

2,692

23,8512,900

80

71

81

118127

1,13775

8,805719

4,86222^

2,62'241

1,361173

53440

1,28410

32041184034

305131191

71

53370

104393139262987

62, 32493, 00318, 35974, 6443,6841,645

15,60653, 708

49, 868738

I

62.0

2, 661

555, 661

2,97129,378

8,44174, 4832,962

25, 7702,835

83

74

82

123135

1,17172

9,430722

4, 914227

2,825241

1,419174

60140

1,76019532116206638

291165142151

63951237446164298

1,246

70, 753103,32319,17184,1533,0521,975

18, 89160, 235

48,104

61.7

2, 592

567, 006

3,21931,056

9,43079, 0922,538

26, 7113,030

142133

1, 306

10, 506722

5,151229

3,475241

1,620175

59639

1,95324561146318055

299205120164

46465267472213303

1,364

63,85594,96716,42378, 5453, 7401,737

16, 82356, 245

47, 646641

62.1

2,458

533,047

3,15230, 201

9, 22175, 3692,799

26,1092,840

79

76

78

130129

1,27676

9,841723

4,854229

3,129242

1, 563175

1, 81619

367202297123

28421011367

358146326352259264

1,252

60, 73591,50915, 68975, 8203,9131,6518,908

61,348

41, 515686

541

61.7

2, 681

542, 326

3,57432, 745

10,15178, 6706,340

33. 0973,789

79

73

80

226117

2,25076

18, 051723

9,327230

5,830242

2, 855176

99738

1,209422257717329

15714613245

277104160332223181

1,266

52,07777,95715, 28262, 6754,8662,28114,19741, 331

40, 829633

60.7

3, 307

524, 721

3,20730, 038

8, 56767,2102,400

24, 6742, 955

80

75

76

100135

86276

7,706718

3,913232

2,537243

1,130176

34738

1,81775367282738251758314413

63241170347195190

1,584

47,18672, 53914, 08358,4563,04S1, 637

15,18838, 584

39, 575542

CO.;

2,839

493, 416

3,09831, 864

7,90665, 3702, 423

22, 5592, 659

76

70

73

103138

93674

8,054718

3,896232

2,339243

1,223177 I

364 I35 I

1,94374

3962834377618063116

64349118392278203

1,791

49, 88476, 36414, 81061, 5542, 5031,951

13, 86943,230

31,165520

i0.2

2,674

586,822

3,93659, 711

10, 445136,1962,630

24, 4222,646

75

63

74

110121

1,05874

8,492717

4,087231

2,383240

1,314178

41734

2,075645225033349921661116159

70279135392311188

1,910

60,11891, 05317,00074,0534,6851, 51115, 28952, 569

35, 530625

60.4

2, 665

568, 740

3,26135, 866

9, 62294,1632,832

23, 8102,678

78

74

74

129140

1,33874

10, 228720

4, 766231

2,721226

1,629178

55133

6437324239732039129201

750130321457388197

1,922

62, 18494, 04917,01977, 0307, 0211, 528

16, 13352, 947

34, 00)8651

3, 373

612,653

3.41735, 399

9. 73788, 465

1,51523

45472143579

20847128154

668178111383345168

1, 746

01,25893,16810,34570, 8237,9911,722

16.44850, 003

31,411474

61.9

2, 033

043, 149

'.\ 21033, 129

21,

1

9,

4,

2,

1,

201

393703

78

72

70

120130

f>4Q

74

941716

978231

361237

001178

24,

10,

4

2

1

988701

82

75

79

125137

305718

830231

551230

808179

"32 I51132

* New series. For footnote, see p. 19 of the December 1932 issue. » Revised.

Page 29: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 27

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber January Febru-ary

1933

March | April May June

DOMESTIC TRADE—Continued

RETAIL TRADE—Continued

Chain-store sales—ContinuedFive-and-ten (variety) stores—Continued

F. W. Woolworth Co.:Sales thous. of dolls.Stores operated number.

Grocery chains:A. & P. Tea Co.:

Sales, value total thous. of dolls.Weekly average thous. of dolls.

Sales, tonnage, total tons.Weekly average tons.

Restaurant chains:Total sales, 3 chains:

Sales thous. of dolls.Stores operated number.

Childs Co.:Sales thous. of dolls.Stores operated number.

J. R. Thompson Co.:Sales thous. of dolls.Stores operated number.

Waldorf System (Inc.):Sales thous. of dolls.Stores operated. number.

Other chains:W. T. Grant & Co.:

Sales thous. of dolls.Stores operated number.

J. C. Penney Co.:Sales .thous. of dolls.Stores operated number.

Department-store sales and stocks:Sales, total value, adjusted 1923-25=100.Sales, total value, unadjusted—1923-25=100.

Atlanta 1923-25 = 100.Boston 1923-25 = 100.Chicago 1923-25=100.Cleveland 1923-25=100.Dallas _ .1923-25 = 100.Kansas City.. . 1923-25 =100.Minneapolis 1923-25=100.New York __ 1923-25=100.Philadelphia* 1923-25=100.Richmond— 1923-25 = 100.St. Louis 1923-25 = 100.San Francisco 1923-25=100.

Installment sales, New England dept. stores,ratio to total sales percent.

Stocks, value, end of month:Unadjusted 1923-25 = 100.Adjusted 1923-25=100.

Mail-order and store sales:Total sales, 2 companies thous. of dolls.

Montgomery Ward & Co._thous. of dolls.Sears, Roebuck & Co thous. of dolls.

19,5831, 937

63, 44515,801

382,75195, G88

3, 045373

1,142103

911114

992156

5, 7S4454

13, 5641,478

7149464744454545404939514267

5660

33,56613,61519,951

18,1461,919

64, 23916, 060

397, 46899, 367

3,269384

1,203107

1,002117

1,064160

5, 090429

«11,4521,468

6546444645403842405039513959

5.2

5964

32, 07311,80420, 269

18, 2441,920

79, 31715, 863

490, 48798,097

3,314382

1,268107

1,001115

1,045160

5,055434

10, 7521,472

6549534850444750505642554775

9.6

5961

33, 77712,98820, 789

19, 4631 925

63, 62515, 906

391,80497,951

3,403382

1,311107

976116

1,116159

5,658438

13, 0531,474

6871657569557273728053777173

9.3

6360

39,15614,63824,518

22, 4731,930

66,53016, 633

415, 659103,915

3,406383

1,350106

950117

1,106160

6,962442

16, 7521,477

6975758071617771629574946879

9.9

6761

45,42319,80525, 618

20, 2161,932

62,84915, 712

395, 27598, 819

3, 386382

1,445105

887117

1, 054160

6,334444

15, 0421,477

6373637665576864569166866768

7.3

6961

41, 2S116, 55224, 729

33,0991,932

79, 61615, 923

498, 47099, 694

3,641382

1,554105

918117

1,169160

11,368445

18, 9421,476

60106961151009099968513410113792121

4.1

5660

51, 55621, 05530, 501

15, 8451,927

57, 23514, 309

371,39492,849

3,425381

1,431105

884117

1,110159

4,270446

8,6881,473

6049435049414244405644544354

6.2

5258

26, 95810,10016,858

16, 2451,927

61,10215, 276

406,156101, 539

3,081381

1,278105

784117

1,019159

4,491449

8.4601,474

6049484346414545375440514252

7.1

54a 57

26,17610,11416,062

17,5111,929

74,98114, 996

495,19299,038

3,290382

1,311105

875116

1,104161

5,137451

10, 2341,478

5750495150425353566549614759

6.3

55« 54

27, 55411,21116, 343

20,1591,929

61,056• 15,264405, 660101,415

3,201381

1,320105

826116

1,055160

6,277451

14, 5921,478

6768596463646262667860786068

5.3

5553

35, 36515,57419, 791

19,8011,931

61, 52515,381

397, 49899, 375

3,173379

1, 227104

865116

1,081159

6, 553451

14,4331, 478

6767660968616563607659816073

6.9

5655

37, 77815,10322, 675

19, 3441,935

79, 50315, 901

507, 361101,472

3,012376

1,147103

863115

1, 002158

6,512452

14,6171,478

6864

a 54« 65«66« 58«54a 57«55

775874

° 57

5657

38, 98616, 16522,821

EMPLOYMENT CONDITIONS AND WAGES

IEMPLOYMENT

Factory, unadjusted (F.R.B.).. 1923-25 = 100..Cement, clay, and glass.. 1923-25=100..

Cement ...1923-25=100..Clay products 1923-25 = 100..Glass 1923-25=100

Chemicals and products 1923-25=100..Chemicals and drugs 1923-25= 100._Petroleum refining 1923-25=100.

Food products .1923-25=100..Iron and steel .1923-25=100..Leather and products ..1923-25=100..

Boots and shoes 1923-25=100..Leather... ._ .1923-25=100..

Lumber and products. 1923-25= 100..Machinery ._ ...1923-25=100..Metals, nonferrous 1923-25=100..Paper and printing 1923-25=100..Rubber products _ 1923-25=100..

Auto tires and tubes 1923-25= 100..Boots and shoes 1923-25=100..

Textiles and products 1923-25=100..Fabrics 1923-25=100..Wearing apparel 1923-25=100._i

Tobacco manufactures 1923-25= 100..Transportation equipment 1923-25= 100..

Automobiles 1923-25= 100..Car building and repairing.. 1923-25= 100..^Shipbuilding 1923-25=100-.

Factory, adjusted (F.R.B.) 1923-25=100..Cement, clay, and glass 1923-25 = 100..

Cement 1923-25=100..Clay products 1923-25=100..Glass 1923-25=100...

Chemicals and products 1923-25=100..Chemicals and drugs ...1923-25= 100..Petroleum refining. 1923-25=100..

68.951.847.643.770.384.092.378.183.165.385.486.083.044.051.859.582.577.086.050.085.794.164.765. 649.258.441.458.770.151.645.42.473.387.595.676.4

57.243.441.938.753.672.375.677.479.351.471.674.261.336.348.445.480.565.069.451.953.956.447.568.449.257.940.771.458.343, 139.837.655.974.778.275.7

58.642.139.238.051.872.275.775.880.750.476.179.462.636.446.445.879.363.666.355.262.363.858.468.345.150.838.766.958.840.536.436.451.174.077.674.4

61.543.443.338.553.474.076.976.683.851.778.081.165.037.745.946.680960.263.350.771.972.670.369.943.144.340.164.560.341.941.137.351.673.777.075.2

62.044.944.339.456.075.179.474.685.053.379.081.767.939.045.847.182.360.562.953.375.776.274.471.941.337.342.163.461.143.842.638.854.474.078.674.7

60.944.642.439.057.075.580.174.382.953.672.773.469.638.146.048.482.261.262.756.673.175.267.872.743.340.543.462.461.244.341.839.056.075.278.675.0

59.641.434.036.156.275.479.675.481.552.170.070.368.636.646.046.881.861.862.260.371.174.163.468.844.845.242.762.460.642.635.337.157.775.278.376.3

58.136.731.030.452.276.280.275.078.649.673.374.668.133 844.044.480.259.161.352.769.672.861.760.446. 150.441.360.959.439.434.032.855.776.479.776.4

59.237.830.731.454.477.380.575.778.451.877.379.269.633.444.445.380.159.462.550.472.373.769.063.445.149.640.657.159.439.933.833.456 076.478.976.7

56.738.131.031.255.678.280.175 876.949 176.678.867.831.842.842.378.757.060.446.467.768.166.757.642.543.940.354.156.638.933. 132.155.375.679.176.6

57.840.536.732.558.682.478.875.978.250.675.077.763.932.843.144.478.457.160.646.769.769.669.856.341.444.438.549.857.740.237.332.257.877.678.175.9

60. 043.738.435. 363. 278. 980.870.880.253.276.477.870. 935. 344. 547.979. 460. 266. 640.873.075.766. 164.243.747.839. 753. 460.642. 637. 634.262. 3

80. 382.176.9

64.148.444. 139.169. 479.485. 078.181.958.179.680. 177.939.948.053.580.968.176.443.279.985.864.9

« 66. 444.651. 638.453. 864.846.842.137.567.782.386.777.4

* New series. For earlier data see p. 20 of the December 1932 issue. a Revised

Page 30: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

28 SURVEY OF CURRENT BUSINESS September 1933

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey August ! S e ^ e _ m - October N o ™ m " D l c ° m

1933

EMPLOYMENT CONDITIONS AND WAGES—Continued

EMPLOYMENT—ContinuedFactory, adjusted (F.R.B.)—Continued

Food products 1923-25 = 100..Iron and steel 1923-25 = 100-Leather and manufactures 1923-25 = 100..

Boots and shoes 1923-25 = 100..Leather ....1923-25= 100.

Lumber and products 1923-25 = 100..Machinery ...1923-25 = 100..Metals, nonferrous 1923-25 = 100..Paper and printing 1923-25 = 100..Rubber products 1923-25 = 100..

Auto tires and tubes —1923-25 = 100-Boots and shoes 1923-25 = 100..

Textiles and products-. 1923-25=100..Fabrics .-1923-25 = 1C0 -Wearing apparel 1923-25=100..

Tobacco manufactures 1923-25 = 100-.Transportation equipment 1923-25 = 100—

Automobiles 1923-25 = 100..Car building and repairing-.1923-25 = 100—Shipbuilding 1923-25 = 100—

Factory, by cities and States:Cities:

Baltimore* ..1929-31 = 100..Chicago*..., ....1925-27 = 100Cleveland Jan. 1921 = 100-.Detroit 1923-25=100—Milwaukee* 1925-27 = 100-New York. . . . 1925-27 = 100-Philadelphia! 1923-25 = 100..

States:Delawaref 1923-25 = 100..Illinois 1925-27 = 100...Iowa ...1923 = 100.Massachusetts *.._ 1925-27 = 100.Maryland * ....1929-31 = 100.New Jerseyt 1923-25=100.New York... ..1925-27 = 100.Ohio 1926 = 100.-Pennsylvania!- — - 1923-25=100-Wisconsin 1925-27 = 100-

Nonmanufaeturing (Dept. of Labor):Mining:

Anthracite 1929 = 100..Bituminous coal 1929=100.-Metftlliferous 1929=100-Petroleum, crude production 1929=100—Quarrying and nonmetallic 1929=100..

Public utilities:Electric railroads 1929=100.Power, light, and water 1929=100..Telephone and telegraph 1929=100-

Trade:Retai l . . . . 1929=100.Wholesale. 1929=100..

Miscellaneous:Banks, brokerage houses, etc.*—1929=100..Canning and preserving 1929=100..Dyeing and cleaning*. 1929=100..Hotels 1929 = 100.Laundries* 1929=100-

Miscellaneous data:Construction employment, Ohio..l926 = 100..Farm employees, hired, average per farm

number-.Federal and State highway employment,

total* number..Construction* number-Maintenance* number..

Federal civilian employees:United States* number-

Washington number.Railroad employees, class I thousands.Trade-union members employed:

All trades percent of total-Building trades* percent of total.Metal trades*. ._ percent of total.Printing trades* percent of total-All other trades* percent of total.

On full time, all trades...percent of total.LABOR CONDITIONS

Factory operations, proportion of full timeworked, total percent-

Chemical? and products percent.Food products percent-Leather and products percent-Lumber and products percent-Metal products:

Iron and steel percent.Other percent.

Paper and printing .percent.Stone, clay, and glass percent-Textile products percent-Tobacco products percent-Transportation equipment percent.

Automobiles percent-Hours of work per week in factories:*

Actual, avg. per wage earner __honrs__

83.666.385.786. 084. 643.85!. 760. 383. 476. 484.452.490.397. 671.967.349.358.841.260.1

71.156.778.662.871.959.266.6

87.960.993.069.078.970.462.277.;68.275.9

43.863.233.059.549.5

69.4

74.676.9

97.876.682.975. 676.3

26.8

1,001

-I

42.

79.452.171.974.162.436 I48.346 081.464.668.154.356.958.652.970.249. 358. 140. 473.0

65.351.066.063 453.551.0

' 58. 0

* 70. 552.391.250.466.0

1 64. 952.462.4

* 58. 762.4

44.558.629.555.449.5

75.682.379.1

74.676.6

98.573.082.478.480.3

37.8

305, 372175,254130,118

608, 70367, 552

1,022

8292948071

6773848084807970

32.1

81.050.674.076.762,935.746.446.480.462.764.457.264.866.161.568.344.849.838.670.7

65. 453.066.729.253.755.3

*58.3

" 6S. 853. 591.556.666.5

^ 63. 454.459.3

° 59. 660.2

49.259.428.657.451.1

74.181.578.1

72.676.4

98.799.079.577.678.9

37.9

1.01

333, 403182, 201151,202

611,01067, 259

996

673655787846

948474

6773837988797870

32.2

81.851.374.977.365.036.646. 047.281.158. 661.649.472.273.668.667.942.843.040.069.2

66.653.465.137.455.459.6

»61.3

a 72. 854.694.062.268.9

a 6 6 . 057.860.3

° 63. 661.1

55.862.429.356.252.4

73.581.077.4

77.877.1

98.6125.383.377.078.6

40.8

1.09

374, 405 373, 246219, 277 214, 427155,128 158,819

81.353.276.178.167.937.646.147.882.060.764.051.074.375.571.268.341.437.341.967.6

67.153.365.242.055.461.6

<* 71. 654.495.164.771.0

» 66. 259.561.4

"65 .660.5

63.967.030.556.852.4

72.379.976.2

81.377.8

98.781.182.375.477.5

35.7

610,94867, 070

1,010

7993787869

34.9

608, 48866,974

1,

80.753.873.274.169.137.346.648.981.163.767.053.672.373.968.968.645.645.643.665.0

64.751.865.639.355.759.5

a 63. 3

«72.253. 593.561.469.9

« 65. 558.961.5

«65.260.1

62.769.431.956.549.4

71.879.175.5

81.777.6

98.250.578.074.376.2

30.4

.77

371, 667210,939160,728

607, 90466, 388

1,013

68335481

O6

47

8691958679

7380878094798173

36.5

45

8590948076

7080867892808276

36.5

80.052.872.072.968.336.846.447.4SO. 263.265. 456.370.472.964.067.747.451.642. S62.4

64.949.866.648.054.457. 9 »

1 60. 9 !

* 74. 251.792.659.169.4

a 65. 257.160.7

°63.358.8

62.370.033.357.242.3

71.478.474.8

95.277.0

98.033.775.273.275.9

24.8

.72

290, 465150, 479139,986

600,94366, 302

35.

79.650.672.974.466.935.044.544.879.659.762.651.269.272.261.564.947.453.342.059.1

61.249.266.628.853.755.8

a 5 8 . 8

« 74.150.785.658.165.4

a 62. 255.460.6

« 60. 357.3

52.569.832.457.235.1

70.677.774.6

76.975.3

97.634.173.073.875.4

23.9

.74

266, 443115,404151,039

599,99066, 800

960

653053807845

89

8673

707886858SSC8'85

34.

79.251.475.677.567.534.444.244.479.959.162.349.670.472.266.164. 145.048.941.154.1

63.549.766.849.254.158 0

1 58. 9

» 75.252.188.260.367.5

*63. 456.361.5

*61. 858.8

58.769.331.557.034.8

70.477.473.9

73.474.1

97.035 170.973.874.4

21.3

255, 256114,567140, 689

600.31166, 802

956

72

35.2

78.448.375.778.066.232.542.241.078.558.659.747.365.466.961.957.841,741.940.550.9

60.548.261.741.854.356. 3

« 57. 1

. 72.150.883.256.264.3

"60 .953.757.2

« 58.858.6

54.667.630.056.535.1

69.876.973.

71.473.1

96.833.71.272.4

73.0

20.1

.79279, 213133, 595145,618

603,81867, 557

934

8489928877

7073878387788376

32.2

I

81.250.076.479.364.433.342.643.478.856.759.647.968.569.266.857.540.141.538.347.0

64.349.365.350.0

"57.457.8

«57.8

« 70.351.783.756.467.5

a60. 855.360.5

« 59. 060.8

51.663.729.456.839.3

69.576.972.3

78.673.3

96.349.281.171.973.4

22.1

.86

299, 882162,816137, 066

605, 55467,063

939

672951788046

82.652. 579.781.472.635.744.247.479.959.765.342.973. 475. 967.465.441.943. 839. 452. 1

63.651.168. 852.561.058.4

° 60. 9

« 73. 853.683.458.568.3

« 63. 757.165.7

* 62. 663.3

43.261.230.056.943.4

82.358.183.984.780.340.047.753.681.667.875.046.281.686.768.7

a 66. 943.950. 338.253.2

64.853.473.960.768.259.1

« 64.1

« 80.057.290.562.971.067.359.5

«72. 5« 65. 569.5

39.561.331.558.047.3

69.176.970.1

77.074 0

96.445.582.071.973.5

24.0

.96

69.377.369.2

78.375.7

a 97. 455.685.673.676.0

° 26.9

1.01

330,138187,142,

61006

371767

652560952

673153778047

8894959084

7781898793838988

359,605206, 664152,

60165

941

944437973

69« 3355778148

9095949287

8285918996849092

• New series. For earlier data see p. 20 of the October 1932 issue (hours of work) and p 18 of the December 1932 issue and pp. 19emploympnt) Data for Massachusetts subsequently revised for 1931-32-33. See p. 19 of the August 1933 issue. ° Revised.

t Revised series. For earlier data see p. 19 of this issue.

33.8! 37.4 41.2

I 20 of the June 1933 issue

Page 31: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 29

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1932

August January Febru-ary

1933

March April May June

EMPLOYMENT CONDITIONS AND WAGES—Continued

LABOR CONDITIONS—Continued |

Labor disputes: t iDisputes number . .Man-days lost number . .Workers involved number . .

Labor turnover (quarterly):*Accessions,- percent of no. on pay rol l , .Separations:

Discharged percent of no. on pay roll—Laid-off . .percent of no. on pay r o l l -Voluntary quits

percent of no. on pay roll—

PAY BOLLS

Factory, unadjusted (F.R.B.)—.1923-25=100-Cement, clay, and glass 1923-25=100..

C e m e n t - . . —1923-25=100..Clay products .1923-25=100..Glass 1923-25 = 100-

Chemicals and products 1923-25 = 100..Chemicals and drugs 1923-25=100..Petroleum refining,._ 1923-25=100..

Food products 1923-25=100..Iron and steel 1923-25=100..Leather and products 1923-25=100-

Boots and shoes 1923-25=100..Leather 1923-25=100..

Lumber and products 1923-25=100..Machinery 1923-25=100-Metals, nonferrous. . . 1923-25=100-Paper and printing .1923-25=100-Rubber products ..1923-25=100..

Auto tires and tubes 1923-25=100..Boots and shoes 1923-25=100..

Textiles and products 1923-25=100..Fabrics 1923-25=100..Wearing apparel 1923-25=100-

Tobacco manufactures— 1923-25=100..Transportation equipment 1923-25=100-

Automobiles 1923-25=100-Car building and repairing- .1923-25=100-Shipbuilding 1923-25=100-

Factory by cities:Baltimore* 1929-31=100..Chicago*.— — ..1925-27 = 100..Milwaukee* -1925-27 =-100_.New York * 1925-27=100..Philadelphia f -1923-25=100..

Factory, by States:Delaware t 1923-25Illinois 1925-27Maryland * - - 1929-31 =Massachusetts * 1925-27New Jersey f._ 1923-25New York. . . 1925-27 =Pennsylvania f 1923-25=Wisconsin 1925-27 =

Nonmanufacturing (Department of Labor)Mining:

Anthracite 1929=Bituminous coal 1929=Metalliferous 1929=Petroleum, crude production..-1929=Quarrying and nonmetallic 1929=

Public utilities:Electric ra i l roads. . . 1929=Power, light, and water 1929=Telephone and telegraph 1929=

Trade:Retail 1929=Wholesale 1929=

Miscellaneous:Banks, brokerage houses, etc.*—1929=Canning and preserving _..1929=Dyeing and cleaning * 1929=Hotels 1929=Laundries * 1929=

100.100.100.100.100.

100.100.100_

100.100.

100.100.100.

400.100.

WAGES—EARNINGS AND EATES

Factory, weekly earnings (25 industries) :*All wage earners _ dollars-

Male'Skilled and semiskilled- .dollars-Unskilled dollars-

Female dollars-All wage earners. .1923=100.

Male:Skilled and semiskilled 1923=100.Unskilled - —1923=100.

Female — 1923 = 100.Factory, av. hourly earnings (25 industries):

All wage earners * - dollars.Male:

Skilled and semiskilled * .dollars-Unskilled * - -dollars-

Female * ...dollars.

40 38740,785 S 754,42333,216 27,717

49.930.227.621.249.867.972.666. 168.242.464.262.271.424.635.746.567.865.269.747.358.967.241.947.338.346.131.444.9

58.135.247.747.448.0

66.037.960.553.054.448.045. 3

38.233.619.042.228.4

57.470.066.7

58.159.1

46.252.853.356.1

19.15

21.9916.4812.9372.0

71.474.075.0

.455

.517

.375

.303

39.624.425.917.836.960.057.868.968.322.246.246.146.619.028.829.469.145.949.730.832.534.428.651.437.343.429.664.9

46.229.027.642.4

"39.4

« 48. 6«28.9•47.7

35.8•50.1

39.4a 3 3 . 2

34.2

34.524.416.944.629.1

66.478.779.6

63.364.7

90.147.560.061.866.3

15.43

17.5913.1610.4258.0

57.159.160.4

.553

.392

.313

40.123.925.117.635.960.058.168.267.922.151.752.449.019.327.128.967.441.543.035.742.342.142.649.431.632.728.653.6

45.931.630.145.8

* 39.8

« 47. 331.447.740.8

"48.041.2

«34.835.3

41.426.416.542.929.7

63.876.779.1

60.763.2

88.565.656.359.663.9

15.35

17.5113.1310.6057.7

56.958.961.5

.487

.546

.392

.322

33566,0457,456

12.55

.4510.78

2.10

23147,0592,324

42.124.626.318.4 I35.859.858.466.370.823.454.555.252.320.927.030.370.036.435.639.953.151.756.051.027.322.228.952.4

47.232.032.251.3

«44. 4

« 50. 732.249.346.2

« 51.444.9

°37. 637.0

47.030.217.041.930.5

62.574.775.9

64.663.1

87.375.161.059.162.9

16.23

18.5813.9411.7061.0

60.362.667.9

.479

.541

.387

.312

2168,1541,896

43.526.427.020.038.760.761.963. 370.926.255.054.656.322.427.732.271.738.938.142.455.655.256.352.629.123.331.453.4

48.731.4 ,34.1 I51.6

«47.3

» 50. 932.551.247. 3

«52.046.4

«40. 639.3

66.737.818.042.530.1

61.574.475.7

86.551.858.858.661.2

16.86

19.2514.3512.2263.4

62.564.470.9

.474

.538

.381

.311

12 2940,492 240,912

8,790

10. 50

.438.75

1.77

41.825.724.819.039.560.962.363.167.025.643.840.755.020.927.431.970.238.636.148.349.451.944.252.431.9 .27.6 «33.748.8

46.028.534.348.0

°44. 7

"49.430.148.943.5

»49. 644.2

« 39.138.2

51.038.018.742.427.1

61.773.274.3

66.963.3

86.034.452.357.559.1

16.84

19.4014.2011.8663.3

63.063.7

.468

.530

.377

.306

40.923.318.417.537.859.860.562.866.124.242.038.753.918.828.030.169.839.836.752.246.450.139.150.433.832.033.552.4

46.028.331.646.2

« 42. 6

« 52. 229.148.441.8

« 49. 642.6

«37.435.0

56.237.718.741.722.1

61.973.273.5

73.662.6

85.25.648.456.658.7

16.37

18.5;13.6111.5661.5

61.367.1

.467

.527

.380

.305

32109,860

6,706

41445, 771

12, 794

8.50

.38

39.220.216.113.436.060.760.664.664.122.743.741.750.916.326.027.567.035.434.838.044.246.639.238.334.036.330.846.6

42.528.430.244.0

•39.6

«49. 628.544.739.7

«46.240.1

a 33. 732.5

43.236.118.139.918.1

60.973.071.7

62.761.7

85.524.46.655.75'

16.21

18.8313.8910.9760.9

61.162.363.6

.468

.529

.391

.303

40.020.916.014.337.360.861.164.362.724.750.049.053.916.326.327.465.835.835.736.348.248.447.740.232.132.230.844.2

42.528.630.345.1

«40.1

« 51. 429.645.742.3

«47. 540.7

-34.834.0

56.837.217.841.717.4

60.671.671.9

58.458.6

84.725.942.455.955.5

16.13

18.6713.9210.9660.6

60.662.563.6

.464

.527

.381

.298

10.14

1.56

46'535,039•19,867

36.920.616.413.836.760.459.864.559.822.447.146.250.314.324.025.163.331.131.728.641.340.842.436.029.227.029.940.3

41.425.727.743.7

•37.5

•47.027.244.037.2

• 43. 538.432.532.6

30.717.442.517.8

59.471.971.6

55.157.1

84.124.241.053.552.9

14.56

16.5412.279.9354.7

53.755.157.6

.460

.521

.375

.294

•59717, 06324,821

38.622.018.314.239.960.858.463.862.624.445.946.045.415.624.427.462.434.235.230.245.243.049.835.930.632.328.637.4

44.326.434.846.0

•37.9

•45.028.245.938.0

•45.240.1

•33.436.4

37.426.616.440.120.2

58.169.467.8

60.456.0

83.333.554.651.754.0

15.39

17.7513.3010.0957.8

57.659.758.5

.460

.522

.373

.299

42.025.121.215.945.961.962.065.164.829. 550.849.256.618.027.434.564.946.249.031. 746. 850.140.145.535.340.430.040.3

46.929.338.745.6

«41.8

« 51. 231.349.142.2

•48.142.4

• 37. 640.6

30.026.917.041.623.8

58.269.968.5

59.557.4

83.631.853.951.854.5

16.71

18.9414.4211. 0362.8

61.564.764.0

.453

.513

.368

.29'

87697, 626

36, 757

20.86

.524.46

2.23

«46.229.125. 118.852.164.666.966.366.336.257.454.966.421.732.041.466.657.362.038.453.660.539.447.336. 043.229.840.3

50.932.245.846.5

•45.3

•56.935.453.147.052.145.1

°42.046.8

34.329.218.340.627.5

58.069.966.6

60.557.3

° 84. 736.756.752.356.7

18.49

21.1815. 8312.3069.5

68.871.171.3

.452

.511

. 369

.300

* New series. For earlier data see p. 20 of the October 1932 issue (weekly earnings and turnover rates) and p. 18 of the December 1932 issue (hourly earnings and Mary-land and Massachusetts and Baltimore pay rolls). Data for Massachusetts subsequently revised for 1931-32-33 See p. 19 of the August 1933 issue. Other data are onpp. 19 and 20 of the June 1933 issue.

• Revised.t Data for 1932 revised. For revision of labor disputes for months January to May see p. 29 of the July 1933 issue, and p. 19 of this issue (employment and payrolls).

Page 32: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

30 SURVEY OF CURRENT BUSINESS September 1933

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

EMPLOYMENT CONDITIONS AND WAGES—Continued

WAGES-EARNINGS ANDContinued

R A T E S -

Factory, weekly earnings, by States:Delaware- 1923-25=100.Illinois _ 1925-27 = 100.Massachusetts*.— 1925-27=100.New Jersey— - 1923-25 = 100.New York... 1925-27=100.Pennsylvania 1923-25=100.Wisconsin 1925-27=100.

Miscellaneous data:Farm wages, without board

(quarterly)._ dolls, per month.Railroads, wages _..dolls, per hour.Road-building wages, common labor: #

United States dolls, per hour.East North Central dolls, per hour-East South Central dolls, per hour.Middle Atlantic dolls, per hour.Mountain States dolls, per hour-New England dolls, per hour.Pacific States dolls, per hour.South Atlantic dolls, per hour.West North Central dolls, per hour.West South Central dolls, per hour.

Steel industry:U.S. Steel Corporation dolls, per hour.Youngstown district—-percent base scale.

78.767.176.785.477.268.861.9

.34

.41

.20

.35

.44

.35

.51

.22

.35

.27

.3894.0

72. 260." 571.185.275.356.651.7

.607

.32

.35

.19

.34

.44

.34

.46

.18

.31

.26

.3894.0

72.061.772.083.875.858.055.0

.599

.32

.36

.19

.34

.43

.33

.47

.18

.31

.26

.3894.0

72.963.274.286.177.759.955.6

26.36.611

.32

.36

.19

.34

.44

.34

.47

.19

.34

.26

.3894.0

74.464.473.186.877.962.559.0

.608

.32

.37

.19

.35

.44

.34

.48

.19

.32

.27

.3894.0

71.659.770.883.875.159.558.7

.615

.32

.37

.20

.34

.44

.34

.48

.20

.32

.26

.3894.0

73.760.570.884.174.759.155.7

23 62.614

.32

.37

.20

.35

.44

.33

.48

.21

.34

.27

.3894.0

67.259.167.482.072.657.653.9

.613

.33

.41

.20

.36

.43

.32

.49

.22

.34

.27

.3894.0

72.863.172.183.474.261.958.5

.602

. 33

.39

.20

. 35

.43

.32

.50

. 22!34.28

.3894.0

74.766.974.785.475.866.962.2

24.27. 603

.33

.39

.20

. 35

.42

.33

.49

.23

.34

.28

.3894.0

FINANCE

BANKINGAcceptances and commercial paper outstand-

ing:Bankers' acceptances, total—.mills, of dolls..

Held by Federal Reserve banks:For own account mills, of dolls..For foreign correspondents

mills, of dolls-Held by group of accepting banks, total

mills, of dollsOwn bills mills, of dolls—Purchased bills _ mills, of dolls

Held by others mills of dollsCommercial paper outstanding

mills, of dollsAgricultural loans outstanding:

Credit banks, intermediate.—mills, of dolls..Land banks, Federal.-- mills, of dolls..Land banks, joint-stock mills, of dolls..

Bank debits, total—. mills, of dollsNew York City mills, of dollsOutside New York City mills, of dolls..

Brokers' loans:Reported by New York Stock Exchange

mills, of dolls. .Ratio to market value percent..

By reporting New York member banksmills, of dolls-

Federal Reserve banks:Acceptance holdings. (See Acceptances.)Assets, total. _ mills, of dolls-

Reserve bank credit outstandingmills, of dolls-

Bills bought mills of dollsBills discounted mills, of dolls..United States securities..mills, of dolls..

Reserves, total .mills, of dolls..Gold reserves mills of dolls

Liabilities, total mills, of dolls—Deposits, total mills, of dolls

Member bank reserves...mills, of dolls..Notes in circulation mills, of dolls..

Reserve ratio _ percent-Federal Reserve member banks:

Deposits:Net demand - . _. mills, of dollsTime - ._ mills, of dolls—

Investments .mills, of dolls..Loans, total _ mills, of dolls—

On securities . . . mills, of dollsAll other loans ._ mills, of dolls..

Interest rates and yield on securities:Acceptances, bankers' prime. .percent.-Bond yields. (See Bonds.)Call loans, renewal percent..Com'l paper, prime (4-6 mos.) percent-Discount rate, N.Y.F.R. Bank percent-Federal land bank loans percent—Intermediate credit bank loans percent-Real estate bonds lone term DercentStock yields. (See Stocks.)Time loans, 90 days.- percent-

Savings deposits:New York State mills, of dolls..

738

2

37

891,101

37831, 23217, 35413,878

9162.80

876

6,442

2,2099

1672,0283, 7933,5482, 5446,4422,2943, 01268.3

Ml,261b 5, 596* 8, 708b 9,823b 4, 335b5,488

%~¥±

1.00

"2.505.583.10

5,085

705

12

59

563197366

70

100

1171,135

46425,23912, 72812,511

2421.18

332

5,764

2,43943

5381,8412,8362, 6355,7642,1582,0522,85956.5

10,7515,6127,700

10, 9964,6316,365

U2.08

21^-2%2.505.593.58

1U-1H

5,253

681

3

49

574198376

55

108

1171,132

46025, 21513,45811, 756

3321.19

345

5,815

2,33134

4331,8522,9802,7735, 8152,2412,1462,81458.9

10,9825,6337,743

10, 7964,5126,284

H2.00

2-2 J$2.505.583.44

"iji-iji"5,243

683

2

43

573156414

64

110

1021,129

45425,93114,16311, 767

3801.42

425

5,848

2,23333

3321,8543,0912,8935,8482,3122,2252,75061.1

11,2295,6408,201

10, 7064,5216.185

%

2.002-2*42.505.583.395.25

1H-1H

5,282

699

3

39

605199406

52

113

981,125

42025. 29812, 94412,354

3251.39

362

5,905

2,22734

3281,8513,1953,0035,9052,4462,3832,70962.0

11,4615,7098.585

10,4414,3116,130

1.35^ 3,̂ _2 ̂ 4

2.505.583.38

u-m5,271

720

4

32

655268386

28

110

951,121

41520, 7509,815

10,935

3381.52

353

5,986

2,20235

3091,8513,2423,0495,9862,4842,4112,69262.6

11, 7455,6688,589

10,4134,2886,125

H1.00

I14-1.342.505.583.355.50

5,265

710

4

40

604224380

62

81

921,116

40926, 78713,96712,820

3471.52

394

6,115

2,14533

2351,8553,3313,1516,1152,5612, 5092,73962.9

11,7585, 6568,507

10, 2974,3155,982

%

1.00lH~l/4

2.505.583.256.00

Yi

5,314

707

2

41

62625637038

85

881,112

40424,46612, 41312, 053

3591.56

454

6,033

2,07731

2741,7633, 4573, 2566,0332, 5542,4462,72565.5

11,8995,6488,559

10,1664,2595,907

J4~%

1.001^4-1^2

2.505.583.17

H5,317

704

307

30

32520112442

84

871,110

39922,43712,03610, 401

«3601.83

418

6,464

2,794336582

1,8663,1262,9526,4642,2362,1413, 41755.3

10, 5935,2888,1969,6274,2345,393

H-H1.00

2.505.583.105 50

5,269

671

280

45

26115310885

72

861,107

395• 22,062• 12, 454*9,608

3111.56

6,610

2,572305426

1,8383,4553,2506,6102,1331,9493,696

59.3

l/-i-3^i

3.321^-43^

c3.505.583.10

2H-3M

5,220

697

164

43

404206199

86

64

851,105

3 SO22,62412,01210, 612

3221.20

512

6,606

2,459171435

1,8373,6333,4166,6062,3802,1323,42862.6

Ml, 127» 5, 346b 8, 570* 9,660fc4, 252* 5, 408

MJ-1/4

1.372-3 \ic 3. 50

5.583.10

l-i H

5,164

669

13

36

505229276115

60

831,103

38625, 48613,97711,509

5291.63

635

6,466

2,21820

3021,8903,8073,5206,4662,3942,1673,20368.0

Ml, 740h 5, 28fib 8, 632b 9, 753b 4, 267b 5, 486

H1.00

2-214* 2. 50

5.583.10

1-1H

5,113

687

41

36

487201287123

73

821,102

38229, 71216, 74312, 969

7802.15

764

6,531

2,22048

1641,9983,8133, 5436,5312,4942,2923, 094

68.2

Ml , 549b 5, 440b 8, 927*>9, 715b 4, 308b 5, 407

/&

1.0011,0-22." 505.583.10

3 / 4 - 1

5, 130

# Beginning with March 1932, method of computing rates was changed.a Revised.b Estimated for 101 cities on basis of report for 90 cities. Breakdown

of loans revised April through June.

* New series. For earlier data see p. 18 of the December 1932 issue. Data for Massa-chusetts subsequently revised for 1931-32-33. See p. 19 August 1933 issue.

e Rate changed June 23, 1932, Mar. 3, Apr. 7 and May 26, 1933.• Figures incomplete due to bank holiday.

Page 33: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 31

Monthly statistics through December 1931, to-gether with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

FINANCE—Continued

BANKING—Continued

Savings deposits—ContinuedU.S. Postal Savings:

Balance to credit of depositorsthous. of dolls..

Balance on deposit in banksthous. of dolls._

1,176,795

958,985

FAILURES

Bank suspensions:Total - number.Deposit liabilities— thous. of dolls.

Commercial failures:Total - number.

Agents and brokers number.Manufacturers, total number-

Chemicals, drugs, and paints..number.Foodstuffs and tobacco _.number.Leather and manufactures number.Lumber number.Metals and machinery number-Printing and engraving number.Stone, clay, and glass number-Textiles .number-Miscellaneous number-

Traders, total number-Books and paper number-Chemicals, drugs, and paints. . number.Clothing.- number-Food and tobacco number.General stores number.Household furnishings . . .number.Miscellaneous number.

Liabilities, total thous. of dolls.Agents and brokers.... thous. of dolls.Manufacturers, total thous. of dolls.

Chemicals, drugs, and paintsthous. of dolls.

Foodstuffs and tobacco..thous. of dolls.Leather and manufactures

thous. of dolls-Lumber. thous. of dolls.Metals and machinery.._thous. of dolls.Printing and engraving.-thous. of dolls.Stone, clay, and glass thous. of dolls.Textiles .thous. of dolls.Miscellaneous thous. of dolls.

Traders, total thous. of dolls.Books and paper thous. of dolls-Chemicals, drugs, and paints

thous. of dolls.Clothing -.-thous. of dolls.Foods and tobacco. thous. of dolls.General stores thous. of dolls.Household furnishings...thous. of dolls.Miscellaneous. thous. of dolls.

LIFE INSURANCE

(Association of Life Insurance Presidents)

Assets, admitted, total t-- mills, of dolls..Mortgage loans mills, of dolls..

Farm mills, of dolls..Other mills, of dolls..

Bonds and stocks held (book value)mills, of dolls.

Government mills, of dolls..Public utility mills, of dolls..Railroad.. mills, of dolls..Other mills, of dolls..

Policy loans and premium notesmills, of dolls. .

Insurance writtenrtPolicies and certificates thousands..

Group thousands..Industrial thousands..Ordinary thousands..

Value, total thous. of dolls..Group thous. of dolls..Industrial thous. of dolls..Ordinary thous. of dolls..

Premium collections t- thous. of dolls..Annuities thous. of dolls..Group thous. of dolls..Industrial thous. of dolls..Ordinary thous. of dolls..

(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 1925-26= 100—

1,42J120325

27, 481

S, 282

13,544

1,07633

802242

666, 09542, 456205, 780417, 859254,83136, 4078, 25254,025156,147

4831955056182

828, 549

740,373

13248, 743

2,59618462216581780683819

100226

1, 79031120386440119323371

87,19015, 04237, 229

2 977'388

7555, 9308,1151,270688

5, 77511,33134,920

558

1,3736, 4908, 2871,8536, 8439, 516

16, 6396,2811,4504,831

6, 1621,3271,6702, 657508

2,878

1,09118

845228

691, 36436, 984206, 641447, 739237, 88515,9687,50657,066157, 345

4862114751177

847, 421

763,262

8529, 513

2,79617764919552874684217

117229

1,97029133404573107340384

77, 03112, 66627,462

3541, 444

2,2223,7015, 068

6991, 2304,6148,13036,905

433

1,7406, 5909, 3291,7127,1349,967

16, 6756, 2561,4434,813

6,1791,3441,6692,655511

2,910

1,02617

774236

668, 77928, 979196,340443,460234,16311,9617,980

58, 635155, 587

2134751177

858,720

771, 219

6713, 508

2,1821415131555205558271975189

1,5282413131738776266327

56, 1287, 345

22, 310

474930

5296, 6604, 3021,248444

1,3426,381

26, 471314

1, 2865, 2054, 639819

6,0898,119

16,7336,2281. 4344,794

6,1901,3531, 6692,653515

2,925

95141681229

639,93761, 018174,156404, 763209, 89110, 2216,798

53, 379139,493

4381874248161157

870,823

783,921

10220,092

2,2731505421452197056312974197

1, 5812212127847908256327

52,8707,85718,897

409613

9453,7522,8201,1261,3761,6806,17626,117

265

1, 8513,3605,783956

5, 6788, 224

16,7906,1971,4244,773

6,2061,3661,6712,649520

2,936

1,05929

781248

670, 03938,868198. 053433,118236, 28417,0377,285

58,052153,910

4792004951179

884,297

779,971

9343,319

2,07313248016 148 |156044272767177

1,4612010823342893250329

53, 6216,80823,918

770456

2424,2772,161626

2.2741,906

11, 20623,095

347

1,4092,8434,217840

5,3978,042

16,8306,1681,4154, 753

6,2241,3781,6742,649523

2,941

1,02823747258

671, 24236, 262184, 882450, 098223. 84212, 2827,06351,048153, 449

4992214753179

900,796

792, 725

16170,914

2,4691696141467177863331892232,68617

151334461123250350

64,1899,72124,577

1,

4841,061

5693,8142,5271, 3541,4543,14210,17229,890

272

1,5144,3129,1012,0584, 6927,941

16,9176,1361,4024,734

6,2311,4001,6702,639522

2,948

99043648299

741, 92067, 810154,864519, 246335, 64228,7528,644

116,838181,408

5382335158196146

942, 519

797,169

241135,020

2,9191725651760186268402275203

2,18229160507495169412410

79,10111,43330, 747

287797

1,006,185

852,986

14872,870

2,3781575001543175559272243219

1,7219

121361450107355318

65, 5769,157

24, 363

1,170

1,8066, 2245,8053,6009,2499,093

16, 9666,1101,3944,716

6,2381,4061,6712,638523

2,967

923

227614, 43122, 546168, 312423, 573242, 25117,6129,235

59, 243156,161

4812174448172

1,112,715

935,987

2,3104, 2553,326

9231,0074, 385

13, 45736, 921

334

3453,3422, 464

3741,4821,1208, 467

32, 05672

1, 3765, 0517,9873,0407, 3247, 206

16,9846,0771,3824,695

6,2591,4271,6722, 637523

2,997

93414

681239

609, 72516,842168,400424, 483229, 59017, 2837,571

51, 997152, 739

4742114651166

1,948150462947184551272264179

1,3361186230351liG268294

4S, 5007, 71317,583

7391,233

3222, 5392,766461671

1,4637, 389

23, 20490

1,2773,5764,6191, 6086,3785, 656

16,9816,0331,3684,665

6, 2661, 4471, 6702,631518

2,975

1,04712

776259

640, 41417, 345187, 761435, 308229,16014, 5458,71850, 448155, 449

4622094548160132

1,158,416

974,142

1,9211474221041134466331744154

1,35219

12923940069224272

51,0986, 407.18,737

341526

4213, 6182, 8671,410975951

7, 62825, 954

687

4,0932,8885, 766

7934, 6727, 054

17,0206, 0021,3574,645

6, 2751,4651,6662,627517

2,987

99614

747235

628, 77821,711183, 462423, 605227, 10213, 9066, 878

48, 5]9157, 799

4642064753158

1,178,785

978, 286

1, 909161466

1748175961

2445

1571,282

20119194431

fil212245

K, 07419,021

f>(J7545

2, 5425, 0981,7261,271904

5, 80320, 877

374

1,3662, 7414, 57f>952

4.4216, i47

17,0475, 9601.3434,617

6, 2671,4661,6652,618518

2, 987

1,03414

762258

645,32022, 450190, 138432, 732241,77615, 3087, 786

53, 440165, 242

4952134955178

, 184,948

974, 058

1, 648133362935114046321741131

1, 1531397200

'AH716

174230

35, 3454, 42013,047

150372

3112, 1662, 179678

1,118948

5, 12517, 87X

221

1, 1032, 4325, 064587

a,;«i5, 110

17,0305, 9101,3224, 588

6, 2931,4941,6692,613517

2, 970

1,07625

792258

687, 77643, 295198, 046446, 435237, 33822, 0567,412

50, 987156, 883

4902094757177154

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

collections).

Page 34: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

32 SURVEY OF CURRENT BUSINESS September 1933

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1933

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

FINANCE—Continued

MONETARY STATISTICSForeign exchange rates:

Argentina dolls, per gold peso..Belgium dolls, per belga..Brazil dolls, per milreis..Canada dolls, per Canadian doll..Chile dolls, per peso..England dolls, per £ . .France dolls, per franc.Germany dolls, per reichsrnark..India dolls, per rupee..Italy dolls, per lira..Japan dolls, per yen..Netherlands.-. _ .dolls, per florin..Spain dolls, per peseta..Sweden - dolls, per krona..Uruguay dolls, per peso..

Gold and money:Gold:

Monetary stocks, U.S mills, of dolls..Movement, foreign:

Net release from ear mark-thous. of dolls..Exports thous. of dolls..Imports thous. of dolls..Net gold imports, including gold released

from earmark#* thous. of dolls..Production, Rand fine ounces..Receipts at mint, domestic fine ounces..

Money in circulation, total__.mills. of dolls..

Exports...,. thous. of dolls..Imports thous. of dolls..Price at New York dolls, per fine oz..Production, estimated, world (85 percent of

total) thous. of fine oz..iCanada thous. of fine oz.-jMexico thous. of fine oz...United States thous. of fine oz,..

Stocks, end of month:United States thous. of fine oz..Canada thous. of fine oz...NET CORPORATION PROFITS

(Quarterly)Profits, total mills, of dolls..

Industrial and mercantile,total mills, of dolls..

Autos, parts and accessories-mills, of dolls..Foods mills, of dolls..Metals and mining mills, of dolls..Machinery mills, of dolls..Oil mills, of dolls._Steel and railroad equip-

ment mills, of dolls..Miscellaneous- - mills, of dolls..

Public utilities.. mills, of dolls..Railroads, class I. mills, of dolls. _Telephones mills, of dolls..

PUBLIC FINANCE (FEDERAL)Debt, gross, end of month mills, of dolls..Expenditures, chargeable to ordinary

receipts _.thous, of dolls..Receipts, ordinary, total thous. of dolls..

Customs thous. of dolls..Internal revenue, total thous. of dolls..

Income tax thous. of dolls. _

0.807.195.079.945.0844.65.055.333.349.074.288.562.117.240.651

4,319

^84,47185, 3751, 496

592923, 07199, 5815, 675

2,5725,386

9,5511,2775,1001,552

8,2152,028

0.586.139.076.871.0603.55.039.237.267.051.275.403.081.182.476

3,942

56, 23723,47420, 037

0. 586.139.076.876.0603.48.039.238.262.051.245.402.081.179.474

4,030

100, 50118,06724,170

52,800 106,614981,1601 991,00023, 416 143, 0885, 752 5, 720

8281,288.267

11,9271, 9546, 6111,824

4, 6221, 645

4331,554.280

10,9241, 4915,9072,170

4,9231,642

0.586.139.076.903.0603.47.039.238.262.051.236. 402.081.178.474

4,140

72, 28960

27,957

100,186961, 501145, 8285, 685

8682, 052.279

11,3601, 5006, 5941, 778

5,0121,916

183.3

rf 21.1d 20.4

18.1d 2 . 5

7.1

* 32.410.463.089.651.8

0.586.139.076.912.0603.40.039.238.257.051.231. 402.082.175.474

4,228

45,77461

20, 674

66, 387974, 965171,2205,643

1,3161, 305

11,3341,8536,0671,918

6,0351,701

0.586.139.076.873.0603.28.039.238.248.051.206.402.082.174.473

4,292

48, 56616

21, 756

70, 306978.000163, 5455, 643

8751,494.267

10, 4931, 0925,9022,052

5,8011,785

0.586.139.076.866.0603.28.039.238.248.051.207.402.082.179. 473

4,429h 71, 023

13100,872

171,872980, 000141. 5985,699

1,2601,203.250

8,2801,0054,2211,627

5,9311,651

209.5

^37.9d 30.9

18.9d 6.1

d0. 2

14.462.0130.854.6

0.586.139.076.875.0603.36.039.238.254.051.207.402.082.183.473

4,547

-91,49414

128, 479

0.586.140.076.835.0603.42.039.238.258.051.208.403.082.183.473

4,491

*-l 78,28,'21,52130, 397

36,957 -169,409967, 457 883,000115,188 89,0165, 631 5, 892

1, 5511,763. 254

11,6741,0077,1591,960

5,4441, 559

°209855

.261

9,6581, 0195, 5471,603

5,4321,640

0.583.140.076.835.0603.43.039.239.258.051.213.404.084.182.474

4,260

*-100,09228,12314,948

-113,287•• 946, 963

187, 6946,998

2691,6932.79

11,6561,3096, 4362,574

7,0601,859

123.8

d 18.6

17.8<* 1.6* 1.6

<*15.0

<*30.717.167.133.941.4

0.605.145.076.847.0603.58.041.244.269.054.221.420.089.188.478

4,301

33, 70116,7416,769

23, 729' 895,097120, 461

6,137

1931,520.307

9,0031, 0154, 6281, 907

8,2611,831

0.679.163.076.876.0633.93.046.274.296.061.240.470. 100.202.532

4,313

22,11422, 925

1, 785

975944,604114,017

5,876

2355, 275.341

9,7721, 0145, 1971,933

8, 5681,707

0.711.171.076.899.0754.14.048.288.311.064.258. 490. 104.213.560

4,317

3, 5454,3801,136

301918,633

64, 4455,742

34315, 472

.357

644" 5, 067

1, 465

6, 5831, 690

CAPITAL ISSUESTotal, 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 and hotels.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 issue:

New 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..

22, 610

203,150179, 011

25, 081131,116

11, 983

161, 990161, 857

13395,95586, 730

1, 0890000

7,0001,061

7535, 00031, 035

117,083116, 950

52, 76035, 00029,190

13344, 90743, 061

79,09613, 06182, 894

19, 612

347, 889100, 65218,87661, 68617,457

155, 557155, 557

0111,871

1,00000000

110, 5290

34216, 00027, 687

105, 336105, 33662,84216, 00026,494

050, 22149, 029

!154, 557110,871

1,000

30, 36246, 032

20,067

257, 084111,13324,11679,94015,083

169,482167, 482

2,000133, 395

60000000

99,99926, 4506,346

034, 088

61, 64559,64526, 281

033,3642,000

107, 838107,114

164,683131, 595

1,800

47, 56874, 368

20, 611

265, 725259, 958

25, 935216, 481142, 203

138, 60778, 60760, 00010, 882

00

700700

00

9,7320

4504,000

63, 725

89, 97169, 971

6, 5504,000

59,42120, 00048,6364,332

138, 25710, 532

350

82, 73781, 688

20,813

373, 209148, 004

24, 74489,85013,063

124, 062120,047

4,01567,4896,966

00000

60, 52300

9,10043, 458

100, 02096, 00548, 4749,100

38, 4314,015

24, 04219, 015

120, 77064,1983,291

67,17828,928

20,806

246,159124,507

24, 05185, 48414, 328

76, 40076, 400

041, 591

7631,200

220220

00

37, 6081,800

05,000

29,809

44, 80144, 80110, 6335,000

29,1680

31,59930,958

74,48739,678

1,913

47, 72640,589

20, 806

762, 406351, 695

19,929210, 995141,033

157, 920157,920

028,8448,766

0600200

00

3,12415, 0001,355

13,000116, 076

122, 713122, 713

10, 39913, 00099, 315

035, 20718,446

153, 20924,1334,711

165,167145,590

20, 802

247, 785134, 044

18, 35286,80517,889

109,963109, 963

064, 5177,592

00000

44, 92512, 000

09,500

35,946

64, 61064, 61022,1579,500

32,9530

45,35342,360

106, 71361, 2673,250

85,930105,173

20, 935

213,091121,312

16, 44290, 71527, 713

56, 51356, 513

037, 555

00

900900

00

41436, 241

01,400

17,558

19,63619, 6361,3141,400

16,9220

36, 87736, 241

56, 51337, 555

0

64,95177, 389

21,362

282.368283, 286

17,444242, 464176, 259

21, 441

352,464130, 552

17, 40089,06219, 500

19, 09419, 094

05,4183,270

00000

2,148000

13,677

16, 26516, 2653,170

013,095

02,8292,248

13, 6775,4185,418

45, 57392, 719

= deficit.

45, 38843, 788

1,60035,5412,660

00000

28,1044,778

00

9,847

24, 92824, 92817, 335

07,593

020, 46018, 207

44,45334, 607

935

58, 579172,948

21, 853

270, 053167,152

20, 515114, 754

15, 688

59,64359, 643

015, 6349,043

00000

6,591000

44,009

43, 80243, 8023,584

140, 218

015, 84112, 050

56, 55912, 5503,084

"53,915105,047

22, 539

411,352306, 1(12

22, 943251, 601146, 575

222, 644162, 644

60, 00060, 37815,415

00000

3, 00041, 963

00

102, 266

110,148110, 148

12, 0820

98, 0860

112,49648, 296

213, 59251, 3269,052

107, 805210, 783

« Revised. p Preliminary # Or exports (—).*New series superseding old series which covered the physical movement only. For earlier data see p. 20 of December 1932 issue.h Allowance has been made for gold earmarked at Bank of England for the account of the Federal Reserve Bank of New York.* Differs from Federal Reserve Board figure, since $8,900,000 declared for export on Feb. 28 was not actually taken from Federal Reserve Bank of New York until Mar. 1.

Page 35: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 33

Monthly statistics through December 1931, to-gether with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1933

July August I a ^ - October Novem-ber

Decem-ber

1933

January Febru-ary March April May- June

FINANCE—Continued

SECURITY MARKETS

Prices: B o n d s

All listed bonds, avg. price (N.Y.S.E.)dollars..

Domestic issues dollarsForeign issues _ _ _ dollars

Domestic (Dow-Jones) (40)percent of par 4% bond..

Industrials (10)-.percent of par 4% bond—Public utilities (10)

percent of par 4% bond—Rails, high grade (10)

percent of par 4% bond—Rails, second grade (10)

percent of par 4% bond—Domestict (Standard Statistics) (60) _ dollars._U.S.Government (Standard Statistics)*

dollars..Foreign (N.Y.Trust) (40) percent of par._

Sales on New York Stock Exchange:Total thous. of dolls, par value—

Liberty-Treas-..thous. of dolls, par value,.Value, issues listed on N.Y.S.E.:

Par, all issues mills, of dollsDomestic 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 t (Standard Statistics) (60).percent-

Industrials (15) .percent—Municipals (15) t percent—Public utilities (15) _ percent-Railroads (15) percent..

Domestic, municipals (Bond Buyer) (20)percent. .

Domestic, U.S. Government:Treasury bonds (3 long term) percent._Treasury notes and certificates (3-8

months) percentCash Dividend and Interest Payments

and RatesTotal (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. of dolls..Industrial and miscellaneous.thous. of dolls..Railroad thous. of dolls..

Dividend payments and rates (Moody*s):Dividend payments, annual payments at

current rate (600 companies).mills, of dolls.Number of shares, adjusted millions—Dividend rate per share, weighted average

(600) . . . dollarsBanks (21) dollars-Industrials (492) dollars-Insurance (21) dollarsPublic utilities (30) dollarsRailroads (36) dollars

Prices: StocksDow-Jones:

Industrials (30) dolls, per share..Public utilities (20) dolls, per share..Railroads (20)__ dolls, per share

New York Times (50) dolls, per shareIndustrials (25) dolls, per share-Railroads (25). dolls, per shares-

Standard Statistics (421) 1926=100Industrials (351) 1926 = 100Public utilities (37) 1926=100Railroads (33) 1926=100..

Banks, N.Y. (20) 1926=100Fire insurance (20). 1926=100

Sales, N.Y.S.E thous of sharesValue, and shares listed, N.Y.S.E.:

Market value all listed shares.mills. of dolls._Number of shares listed . millions

Yields:Common, Standard Statistics (90)..percent..

Industrials (50) percent—Public utilities (20) _ percent-Railroads (20)-. percent..

Preferred, Standard Statistics:Industrials, high grade (20) —percent—

Stockholders (Common Stock)American Tel. & Tel. Co., total number—

Foreign numberPennsylvania Railroad Co., total number

Foreign numberU.S. Steel Corporation, total. . . number..

Foreign numberShares held by brokers percent of total

84.4388.0370.26

73.0062. 85

79.63

88.95

66.3289.6

103. 6259.50

323,13920, 498

40,81232, 5388,274

34, 45828, 6455,813

5. 156.164.604.864.97

5.01

3.38

.19

703,219205, 900

158, 20016, 5003,000

557, 319

116,211105,160

11, 051

972.4923. 63

1.053.99

.731.662.19.86

100.434.751.7

88.46135. 8441.0980.483.597.552.6

60.960.0

120, 300

32, 7621,281

3.022.764.092.58

6.22

74.2779. 2565.52

42.9836.76

64.73

70.97

27.5275.1

101. 3351.72

240, 72046, 432

51,99133,15218, 83938, 61526, 27212, 343

6.428.674.785.656.60

4.82

3.65

.22

«S05, 600«248, 600

a183, 000a 21, 400a 4, 700

557, 000

122, 561113, 820

8,741

1,216.5927.11

I 314.78

.991.952.351.12

46.218.616. 1

40.1866.8713.5035.935.855.415.6

43 226.9

23,056

20,4951,315

8.858.808.759.91

8.22

77.2783.7065.89

53.3548.08

69.96

79.32

36.6784.3

101.9555.82

333,07625,769

51,86333,14018, 72440. 07327, 73612,336

5. 576.934,505.225.65

4.55

3.57

.14

392, 490143,900

105,9009,0003, 500

248, 590

246,113226,892

19, 220

1,163. 6928. 42

1 254.78

.941.872. 35.81

67.529.129.4

61.7098.0725. 3353.351.584 229.2

64.843. 4

82, 649

27, 7831,312

5.655.755.744.47

7.11

77.5083.9366.10

55.0152.21

70.10

82.07

36.8887.0

102. 4763.47

250,26524,351

61, 78033,11418, 66740,13227, 79312,339

5.356.614.395.065.36

4.57

3.54

.03

437,440125,000

103,0007,3003, 200

312, 410

156, 599154, 009

2,590

1,148. 9928. 67

1 244.78

.931.892.30.81

72.635.332.3

65. 35101. 5822. 1358 255.891.434.5

73.547.3

67, 424

26, 7351,311

4.915.225.032.51

6.88

705, 5017,348

251 0413 3^7

189, 9813,14014.27

76.3782.0466.30

49.8649.56

70.95

80.76

29.7985.2

102. 5258.00

178, 56220,250

51, 74433,10218,64239, 51827,15812, 360

5.506.914.375.115.63

4.59

3.54

621, 654167, 300

140,90010, 4004 000

454; 354

133,344126,878

6,468

1,146. 7928. 12

1 214.78.92

1.892 30

.81

63.528.228.3

56.1790.0722.2949 947.780 627.5

66.343.1

29,188

23,4411, 312

5.736.085.643.11

7.02

73.9181.3660.72

47.5146.98

69.49

78.19

27.9883.1

102. 5753.17

15S, 90515, 782

51,54332,94218, 60038,09526, 80111, 294

5.687.324.385.145.86

4.65

3.55

438, 032130, 500

104,0007,5002, 500

307, 532

264,189243, 592

20, 597

1,126.8925. 58

1.224.79

.901. 892.34.81

62.127.627.4

57.6392.7122.5647. 545.477.625.5

63.341.7

23,038

22, 2591,312

5.846.125.873.33

7.19

77.2781.6560.22

44.0544.81

69.79

77.88

24.2082.2

103. 1957.51

241,85037,424

41,30532, 8668,438

31,91826, 8365,082

5.757.384.375.066.19

4.61

3.48

.04

546, 439120, 200

102,8005,9002,000

426, 239

205, 769190, 508

15, 261

1,119.7925. 25

1.214.79

.891.892.31.81

59.127.126.2

55. 0589.5420.5847 444.879 625.7

65.841.4

23, 208

22, 7681,312

5.686.005.613.28

7.34

701,0377,507

250, 5063,323

190,8533,15515.21

78.8383.3261.34

46.9447.66

73.66

82.49

25.9584.1

103. 7559.83

260, 02138, 362

41,17332, 7708,403

32,45727, 302

5,154

5.597.294.234.915.93

4.48

3.39

.07

863, 492270,600

225,00010, 5004,100

592, 892

164, 840140, 34324, 497

1,112.9924. 21

1 204.78.88

1.892.31.86

62.728.028.1

58. 6594.8122.5049.146.281.827.6

67.944. 0

18, 720

23, 0731,303

5.425.785.283.05

7.17

74.8979.0958.45

45.2244. 35

71.53

81.92

25.1782.5

103. 3654.19

230,08245, 387

41,10732, 7388,369

30,78525, 8934,892

5.737.604.285.115.93

4.92

3.47

.01

387, 200145, 400

118, 5008, 0004,900

241,800

222, 244206,328

15,916

1, 070. 3924. 39

1 164! 78.82

1.782. 31!86

56. 123.926. 9

52.9984.5521.4344. 942.573 12 k 7

63. 542* 5

19, 320

19,7011, 296

6.106.366.104.13

7.32

74.5178.5858.59

42.0139.88

64.99

77.23

23.9276.7

101.0953. 55

193,18155,176

41,00632, 6668,340

30, 55425,6684,887

6.258.144.885.546.45

5.24

3.58

1.34

430,351140,000

117, 50011, 3003,300

290,351

162,468158, 000

4,468

1,024.9922. 56

1 114.36.78

1.762 25.86

57.621.827.4

53.1785.0721. 2743 241.667.025.6

49.238.1

20, 089

19,9151,293

6.306.256.825.22

7.52

700, 2127 554

248 6883 310

193,1403,19216.07

76.5780.0762.86

41.3542.32

64.62

73.62

22.7175.4

102. 0055.52

269, 58561,000

40,94832' 6248,324

31,35426,1215,233

6.388.275.055.636.56

5.69

3.55

.45

561, 279136,850

100,30011,5002,600

424,429

130, 607124,823

5,784

1, 006. 2923. 32

1 094! 32

. 771.662.19!se

65. 021.627.4

60.0997.2022. 9747. 548.863. 526.3

47.237.8

52,901

26,8151,294

5. 585.246.835.12

7.32

80. 7984.7365.31

50. 6451.57

69. 09

80.35

30.6082.0

102.9156.47

350. 62638, 367

40, 84432,553S, 291

32, 99827, 5835,415

5.786. 945.275.265. 63

5.35

0 3.47

.29

428, 449153, 884

146, 0001, 4252, 674

274,565

218, 591199,36219, 229

976. 0923. 36

1.064.32

.721.662.19.86

81.627.737.6

74.59118.4030. 7962.965. 379.237.5

53.150.4

104, 229

32, 4731,294

3.993.675.183.59

6.78

82.9786. 8467.77

67. 6758.92

74. 60

84. 35

69. 2386.8

103.5457.11

344, 05023, 583

40, 87832, 5938, 285

33,91728, 3035,615

5.37(i. 394.715.035. 34

5. 09

3. 40

.07

573,529134, 350

115.8002, 9503, 000

437, 179

211,890191,06620, 824

965. 4923. 29

1.053. 99. 72

1. 662.19.86

94.134.144.2

85.26134.5336. 0174.977. 396.944.0

60.755.7

125, 627

36, 3491,285

3.273.024.123.06

6.38

690, 8867,564

244, 2953, 279

187,4773,15117.91

* Revised. t Revised series. For earlier data see r>. 19 of the April 1933 issue. ' New series. See p. 20 of the June 1933 issue for earlier data.

Page 36: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

SURVEY OF CURRENT BUSINESS September 1933

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

FOREIGN TRADE

INDEXESValue:

Exports, unadjusted.-.^ 1923-25=100..Exports, adjusted for seasonal..1923-25=100..Imports, unadjusted 1923-25=100..Imports, adjusted for seasonal.-1923-25=100..

Quantity, exports:Total agricultural products 1910-14=100..

Total, excluding cotton 1910-14= 100..

VALUE §

Experts, incl. reexports thous. of dolls..By grand divisions and countries:

Africa -thous. of dolls..Asia and Oceania thous. of dolls..

Japan thous. of dolls..Europe .thous. of dolls..

France thous. of dolls_.Germany thous. of dolls..Italy thous. of dolls..United Kingdom thous. of dolls..

North America, northern. - thous. of dolls..Canada thous. of dolls..

North America, southern. _thous. of dolls..Mexico thous. of dolls..

South America thous. of dolls..Argentina .thous. of dolls..Brazil thous. of dolls..Chile thous. of dolls..

By economic classes:Exports, domestic thous. of dolls..

Crude materials thous. of dolls..Raw cotton .mills, of dolls..

Foodstuffs, total thous. of dolls..Foodstuffs, crude thous. of dolls_.Foodstuffs, manuf thous. of dolls..Fruits and preparations..mills, of dolls..Meats and fats mills, of dolls..Wheat and flour mills, of dolls..

Manufactures, semi 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. of dolls..Asia and Oceania thous. of dolls..

Japan thous. of dolls..Europe. thous. of dolls..

France thous. of dolls..Germany thous. of dolls..Italy thous. of dolls..United Kingdom thous. of dolls..

North America, northern..thous. of dolls..Canada.. thous. of dolls..

North America, southern..thous. of dolls..Mexico.__ thous. of dolls..

South America thous. of dolls..Argentina thous. of dolls..Brazil thous. of dolls..Chile.. ...thous. of dolls.

By economic classes:Crude materials thous. of dolls.Foodstuffs, crude -thous. of dolls.Foodstuffs, manufactured—thous. of dolls.Manufactures, semi thous. of dolls.Manufactures, finished thous. of dolls.

38434448

8051

144,197

3,26230,12715,04668,0818.516

11, 3494,741

24, 78721, 30020,92711,7233,5249,7043,4142,327

456

141,66151, 509

36.815,3833,078

12, 3054.35.71.1

21, 35953,410

7.56.0

10.1142,992

2,60747,79614,42343, 7823,8257,4663,518

12,57719,80919,38311,5412,461

17,4574,0376,427

763

46,44115,89722,87831,02126, 755

28322527

6359

106,830

3,20521,1915,707

46,0155,7056,9432,617

16, 77519,33018,9539,5362,6607,5532,7691,787

280

104,27627,587

15.915, 6165,507

10,1094.34.42.9

14,11946,955

6.25.39.6

79,421

1,51423,7818,581

21,5262,2314,4641,9004,279

13,09012,7209,0781,748

10,432488

4,494222

19,45614,60011,66111,89421,810

29312829

6460

108, 599

2,50918,8104,927

52,9099,2198,6633,506

18, 63819,23018,8468,3642,5216,7782,2531,825

260

106,27029,742

18.117,3175,964

11,3525.44.03.4

12,86846,343

5.15.69.0

91,102

1,31725,43910,06826,3353,3895,6982,5025,194

13,53212, 74112,8702,062

11,610598

3,1841,680

22,15013,88515,34015,09124,635

35333132

9066

132,037

2,80922,1807,803

72, 62810,25215, 7914,774

25,72519,19618,7318,2242,3407,0002,5501,984

220

129, 53847,397

32.120,3815,860

14,5219.64.82.6

15,86945,891

4.95.89.1

98,411

1,25027,73212,13532,3904,0236,7543,1316,421

13,17212,50710,6232,425

13,244804

5,532134

27,26817,32713,94114,61925,255

40333332

126

153, 090

3,37425,96710, 71684,81610,18415, 6715,83532,92020,77720.5049,6952,9058,4623,0352,265245

151,03560,51740.0

25,2198,61416,60512.25.22.7

16,86748,433

5.05.311.6

105,499

1,41228,11010.50536,8004,5107,1523,9006,78914, 70113,7719,6241,94214,8531,0116,383

156

27,20219,44514,05616,71928,076

37323232

12085

138,834

2,60927,71713,12170,16311,15812,5344,412

24,75318,82418,32610,1253,2089,3962,6353,578

234

136,40255,326

38.519,8858,610

11,2757.94.13.5

14,58946,601

4.45.4

10.2104,468

2,50230,34811,73035,4224,5496,3803,9846,540

13,78913,0218,6841,819

13,7231,1486,617

260

27,78019,15312,82116,61528,099

35333030

11667

131,614

2,86430,17715,60664,42110,24110,4215,566

21,49113,64513,43710,4122,907

10,0952,7113,397

348

128,97552,234

39.015, 9614,367

11,5944.84.62.1

15,74245,038

5.14.69.7

97,087

1,94630,62812,32228,9673,8244,7523,6184,852

11,49311,0069,3342,285

14,7191,6366,114

145

28,73717,64310,51916,74723,440

32313029

9773

120, 630

3,05525,27211,18562,2188,924

11,7394,443

21,30912,66412,4329,2962,6828,1252,7122,605

294

118,60042,294

29.716,1784,663

11,5154.65.92.0

15,83144,296

6.55.19.2

95,994

2,61631,0907,935

28,2263,1285,2122,9774,371

11,41910,7449,0792,575

13,5631,0185,816

271

27,20517,92912,81716,15421,889

27292626

7158

101, 530

2,33520,1717,299

51,0997,6538,5634,058

18,73011,70311,5018,0912,1738,1312,7852,682

291

99,43831,848

20.612,8193,2449,575

3.84.51.2

13,24241,528

6.33.88.5

83,803

1,99024,2475,686

26, 7942,9914,8732,5525,3478,5678,5298,1972,303

14,0081,1777,244

230

21,12917,86412,09713,60619,107

28282926

6759

109,032

2,63222,6849,614

50,3217,9557,0353,986

17,64514,20013,84110, 6212,9677,5731,8731,912

375

106, 31029,359

18.113,3973,5249,873

3.94.41.3

16,50747,047

6.93.99.4

94,864

1,63128,7607,527

28,1923,0005,6122,6935,796

10,12310,05511,4903,046

14,6671,2577,056

194

23,63318,41115,14514,75122,924

28292725

5951

105,219

3,43117,8236,406

52, 2238,1648,9773,101

18, 23513, 41813,15910,3842,8527,7842,5352,320

297

103,10628,621

16.911,3102,5108,800

2.94.01.1

15,29247,884

7.46.08.8

88,412

1,19827,0698,055

24,4212,2074,7273,3185,095

11,14011,07811,6782,517

12,906827

6,105409

21,13416,55716,27013, 53720,914

30323332

7147

114, 243

2,46220,6308,267

56, 8838,077

11,4154,558

18,78716, 73016,43310, 3643,2747,1752,3501,813

373

111, 88334,977

26.113,0443,024

10,0203.84.91.0

17, 64446, 218

7.43.79.1

106,903

1,20831, 7518,462

30,8052,7335,1133,2828,010

15,40514, 80012,6973,586

15,0361,3206,958

438

24, 92019, 72120,03318, 33723, 622

32363840

119,809

2,72720,6257,720

58, 8208,17810, 2354,32922, 23318,42118, 06910, 6362,8218,5802,7561,647518

117, 52340, 257

29.313,3622,70410, 659

2.95.51.2

18,18145, 732

7.03.99.3

122, 262

2,24333, 90911,46741,1743,1116,8003,72011,17115, 71615, 26310,9312,50518, 2891,7725,1583,788

34,30117, 77519, 08327, 81223, 290

TRANSPORTATION AND COMMUNICATIONS

TRANSPORTATION

Express Operations

Operating revenue thous. of dolls.

Operating income thous. of dolls.

Electric StreeOfcailways

Fares, average (320 cities) cents.Passengers carried f __-thousands__Operating revenues _.thous. of dolls

8.143620, 424

666655389846706267

7,124132

8.235638,67844,650

514321218445681752

6,775136

8.219637,19145,400

534923218351681853

7,122132

8.229659,31645,114

616431258264721662

7,216130

8.212702, 85448,647

657740267269721666

7,039134

8.235684,09647,600

58724123635970

756

7,351124

8.235728,01550,459

52744818575064

545

6,603136

8.192690,83747,384

51634420595365

545

6,368138

8.192640,635

43, 656

51715219564664

544

6.438129

8.169689,42746,471

48513521583963

545

6,523115

8.143763, 03145,784

51442724765065

854

6,746122

8.143693, 493

47, 401

564733308151682160

Steam RailroadsFreight carloadings (F.R.B.):

Index, unadjusted 1923-25=100..Coal. .1923-25=100Coke .1923-25=100_.Forest products 1923-25 = 100.Grain and products 1923-25=100__Livestock _ .1923-25=100. _Merchandise, l.c.l 1923-25=100..Ore 1923-25 = 100..Miscellaneous _ 1923-25=100..

§ 1932 figures include final revisions. For revisions for January through March 1932 see issues of March, April, and May 1933.t Revised series. For earlier data see 19 of August 1933 issue.

8. 143697, 09945,134

605444368346673264

Page 37: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SUKVEY^OF CURRENT BUSINESS 35

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April M a y June

TRANSPORTATION AND COMMUNICATIONS—Continued

TRANSPORTATION—Continued

Steam Railroads—Continued

Freight carloadings—ContinuedIndex, adjusted... 1923-25=100-

Coal... 1923-25=100..Coke 1923-25=100..Forest products. 1923-25=100..Grain and products 1923-25=100—Livestock 1923-25=100—Merchandise, l.c.l 1923-25=100..Ore. 1923-25=100-Miscellaneous 1923-25=100..

Total cars 1 __thousands—Coal thousands..Coke. thousands..Forest products thousands. _Grain and products thousands..Livestock thousands..Merchandise, l.c.l - thousands..Ore thousands..Miscellaneous thousands..

Freight-car surplus, total thousands..Box thousands..Coal thousands..

Equipment, mfrs. (See Trans. Equip.)Financial operations (class I roads):

Dividends paid. (See Finance.)Operating revenues .thous. of dolls..

Freight thous. of dolls..Passenger thous. of dolls..

Operating expenses thous. of dolls..Net operating income. thous. of dolls..

Operating results (class I roads):Freight carried 1 mile mills, of tons..Receipts per ton mile .cents..Passengers carried 1 mile millions-

Waterway TrafficCanals:

Cape Cod thous. of short tons..New York State ..thous. of short tons..Panama, total thous. of long tons..

U.S. vessels thous. of long tons..St. Lawrence—_ thous. of short tons..Sault Ste. Marie thous. of short tons..Suez thous. of metric tons—Welland thous. of short tons—

Rivers:Allegheny thous. of short tons—Mississippi (Government barges)

thous. of short tons—Monongahela thous. of short tons—Ohio (Pittsburgh to Wheeling)

thous. of short tons—Ocean traffic:

Clearances, vessels in foreign tradethous. of net tons..

Foreign thous. of net tons—United States thous. of net tons—

Shipbuilding. (See Trans. Equip.)

TravelAirplane travel:

Passengers carried* number. _Passenger miles flown* thous. of miles—

Hotel business:Average sale per occupied room dollars..Rooms occupied _ percent of total-

Foreign travel:Arrivals, U.S. citizens number..Departures, U.S. citizens number..Emigrants number..Immigrants — number..Passports issued number..

National parks:Visitors... number..Automobiles number..

Pullman Co.:Passengers carried thousands—Revenues, total thous. of dolls..

COMMUNICATIONS

Telephone (class A companies):Operating revenues thous. of dolls..

Station revenues thous. of dolls..Tolls, message thous. of dolls..

Operating expenses thous. of dolls..Operating income thous. of dolls..Stations in service, end of mo thousands-

Telegraphs and cables:Operating revenues.. thous. of dolls..

Commercial telegraph tolls.thous. of dolls..Operating expenses thous. of dolls..Operating income thous. of dolls..j

657563398255703464

1,1095613313422575832110,139393216117

8396,050

1,121

291

1341,561

732

61,50421,417

2.84

440, 728117,750

49-2,421

361137318572

816«30872764387304

237,813179,910

32, 713191, 75211,597

19,0651.0511,613

214376

1,260576

•8182,638

« 1,960

• 1,032

109

107

367

5,8793,8072,071

53,75914,775

3.0945

28,00659,29811,3282,07915,967

502,762133,025

1,2763,608

82,18756,71018,56657, 29115,99115,815

7,7885,8447,918<*516

515125206857681048

2,06533811621546767628728708377261

252,102194,98731,385189,631

20,0461.0651,556

214528

1,349650938

3,0951,8931,162

148

100601

430

6,1914,0532,138

57,99515,936

3.2446

54,07057,8878,7832,71910,163

488,562125,973

1,3233,475

82,69055,91119,85756, 97617,04815,592

545932246854691052

2,24541414691488168124813599324210

272,473214, 59930, 481189,37749,647

22,7061.0291,529

215478

1,347638

1,0613,8071,7681,292

127

95697

446

5,9023,7472,155

52,82914,586

3.1648

60,25838,3688,8563,1298,039

211,60157,226

1,339

6,5457,646602

82,58856,11919, 53755,18018,74315,498

8,7286,5347,521818

576839256552RQoy1256

3,158676

2495

174117893

321,148

545314171

298,462244,074

26,179200,14763,839

26,3441.0101,231

235554

1,582723

1,0143,9242,1711,252

170

109796

534

5,3253,3052,020

38,54811,192

3.1253

28,05828,8547,7882,3886,133

69,45419,838

1,1583,127

83,04557,09419,09355,39018,96615,379

8,2296,2057,494

349

576640245951Do1057

2,195491

1964

11176

66612

756622353198

253,575203,146

24,859189,66734,179

21,7541.0201,156

224588

1,532682751

2,8772,0211,087

150

113763

494

5,0193,0841,936

30,6710,102

3.1350

14,87922,1298,0312,0066,007

36,2907,947

1,0782,902

80,67956,35617,57555, 44417,06115, 261

7,7065,6977,425'104

586945225950692057

2,4876262866132837779

765647376196

246,062188,16430, 202188, 20532,857

21,102.9781,380

2240

1,62258751215

2,177147

110

94776

434

4,2992,7011,598

22,8896,913

2.9847

13,25920,4618,0401,8464,838

27,3435,662

1,2483,294

81,90456,50018, 50756,17518, 54015,142

8,3526, 3347,010

565640226150692057

1,9104292155106696137

610692381233

226,555179, 23926,654181,68013, 266

19,986.9951,167

2000

1,46456000

2,2250

81

465

4,2262,6331,594

24,3007,854

2.9454

14,15919, 7925,0191,5115,742

36,4636,226

1,1583,208

79,72656,01117,01658,21514,02415,015

7,3175,5297,117<*194

546545195849662051

1,958492

2555

10162

6187

598650368206

211,613168,79023,585

170,8649,855

19,117.977

1,045

1580

1,435623

00

1,9830

81

72683

400

4,0502,4601,590

24, 5067,633

2.9851

17,00519, 0974,3451,2774,945

43,3796,496

9522,784

76,06153,96215,51255,55913,10214,902

6,9765,2506,605<*346

505535206945622347

1,841366

1859

10452

6248

611681362244

217,599174,91621,886

175,29510,548

19, 3571.009

997

1920

1,738724

00

2,4680

92

79701

357

4,5282,8611,667

24,9458,070

2.8045

18, 41416,6824,2871,3936,480

40, 9695,734

8722,643

78, 92554, 61518,15557,38714, 25414, 779

8,8276,8417,0551,375

535329229953631752

2,505397178617782

80316

926619314237

224,877180,21222,920173,29619,041

19,8311.0121,088

212183

1,528302352696

2,289

115

776

456

3,3261,7821,544

29, 5579,365

2.8548

18,53916,0124,4091,3009,744

66,31311,326

9742,880

78, 05354,11617,44255,65314, 89714,676

7,9926,1336,655938

565233289954661457

2,12831815831486666131805553281204

255,256207,49023,911181,58440,693

21,7321.0461,170

245542

1,630783835

3,4902,1421,109

168

1131,022

576

5,1293,2591,870

38,54312, 629

2.7151

20,02917,7274,0021,69417,428

92, 51821, 733

9512,711

80, 79754, 70619, 50257,29715,99614,589

9,1696,9526,9451,817

606344349554671861

2, 265362201001476265444876454242148

278,311223, 23630, 981185,32559,483

23, 712

207479

1,691779994

3,5821,8161,239

283

1101,397

827

5,5153, 5301,985

54,24718,861

2.8347

18, 32522, 23810,4141,72623,563

229,49659,924

1,2013,608

80,70454,10419,83256,19316,20114, 483

9,5577,2897,7901,309

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

Page 38: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

36 SURVEY OF CURRENT BUSINESS September 1933

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

CHEMICALS AND ALLIED PRODUCTS

CHEMICALSAlcohol:

Denatured:Consumption (disposed of)

thous. of wine gal__Production thous. of wine gal._Stocks, end of months.,thous. of wine gal._

Ethyl:Production thous. of proof gal._Stocks, warehoused, end of month

thous. of proof gal..Withdrawn for denaturing

thous. of proof gal..Methanol, wood distilled:

Crude:Production * _ _ .gallons..Stocks, total * gallons..

Refined:Exports gallons..Price, wholesale, N.Y dolls, per gaL.Production * gallons..Shipments * .gallons..Stocks, end of month * gallons..

Methanol, synthetic:Production _ .gallons..Shipments gallons..Stocks, end of month gallons..

Explosives:Orders, new thous. of lb._Production thous. of lb. .Shipments thous. of lb_.Stocks, end of month thous. of lb_.

Sulphur and sulphuric acid:Sulphur, production (quarterly).Jong tons..Sulphuric acid (104 plants):

Consumed in prod, of fertilizer.short tons..Price, wholesale 66°, at works

dolls, per short ton..Production ...short tonsPurchases:

From fertilizer mfrs short tonsFrom others _ short tons

Shipments:To fertiliser mfrs .short tonsTo others short tons

210,709285, 619

93, 833.37

153,199108, 623360,251

561, 918732,7351,273,512

1881,1406, 579

70, 7S9250

81, 20738, 4905,3032,94938,053

1.315

FERTILIZERS

Consumption, Southern Statesthous. of short tons.

Exports, total§ long tons.Nitrogeneous§ long tons.Phosphate materials long tons.Prepared fertilizers long tons.

Imports, total § long tons.Nitrogenous§ long tons.

Nitrate of soda§ long tons.Phosphates long tons.Potash long tons.

Price, nitrate of soda, 95 percent, N.Y.dolls, per cwt_

Superphosphate, bulk:Production short tons.Shipments to consumers.. short tons.Stocks, end of month short tons.

NAVAL STORESPine oil:

Production gallons.Rosin, gum:

Price, wholesale " B , " N.Y—dolls, per bbLReceipts, net, 3 ports bbl. (5001b.).Stocks, 3 ports, end of month-.bbl. (500 lb.).

Rosin, wood:Production.! .bbl. (5001b.).Stocks, end of month ...bbl. (500 lb.)_

Turpentine, gum:Price, wholesale, N.Y dolls, per gaLReceipts, net, 3 ports -bbl, (50 gal.).Stocks, 3 ports, end of month.bbl. (50 gal.).

Turpentine, wood:Production __.bbl. (50 gal.)Stocks, end of month _.bbl. (50 gal.).

OILS, FATS, AND ANIMALBYPRODUCTS

Animal fats and byproducts (quarterly):Animal fats:

Consumption, factory thous. of lb_.Production thous. of lb_.Stocks, end of quarter thous. of lb

Animal glues:Production thous. of lbStocks, end of quarter thous. of lb

Gelatin, edible:Production thous. of lbStocks, end of quarter thous. of l b . .

* New series. For earlier data see p. 20 of the April 1933 issue.§ Data for 1932 revised. See p. 36 of the June 1933 issue.

15. 50

"271,014

^ 5*16123,977234, 578

^41,033161,785

.5135, 26570,451

6,5165,673

5.2536,2035,461

11,908

20,071

9,924

111,113558,374

47, 733.37

83,534117,248242,573

793,639294,9113,351,265

14,47312, 56313,91816,192

8,6798,1725,016

12,365

18,079

13,780

98, 872477,538

60,123.37

150,686145,724247,535

792,641461,2993,682,607

17, 60717,90318, 95615,187

32, 590

15.5045, 393

7,51413,677

4,47814,242

1460,3597,633

51, 721306

49, 98526, 637

113,51418,172

1.770

69,81310, 774

852, 587

201,608

3.23104,904371, 797

30, 076104,448

.4129, 72382, 532

4,8787,412

52, 272

15.5058, 345

12,404

5,72024,380

4052,92615, 23436, 708

17257, 53026, 208

04, 06323,650

1.633

112,91912, 275

868, 657

189,132

3.4199,148386, 664

31,141104,990

.4227, 77086, 467

4,8616,930

7,0006,6334,639

13, 355

18,780

11,906

98,108329, 507

134, 564.37

102,44892, 220257,763

697,890550,8623,829,635

20,86719,55720,15214, 548

194,471

53, 259

15.5061,152

11,8464,652

7,13923,261

7,0417,2554,841

13,140

19,154

11,905

188, 405253,055

79,714.37

197,534159,491295,806

571,372958,9093,442,098

22,12222, 62423,01114,213

6,2774,9173,468

7,391

18,020

8,011

290, 557273, 701

83, 731.37

140, 584195,065241,325

531,635819,2513,154,482

19, 07420, 75320, 05414,912

64, 70132, 60630,005

37488, 00644,817

5173,22033,534

1.220

117,17580, 779853,035

231,115

3.6583,484356, 985

31,155102, 422

22,81182, 364

5,0207,054

171,011474, 719240,524

11,75573,954

1,3008, 508

74,813

15.5084,471

16, 2249,158

10,92023, 579

67, 26820, 67944,204

5091,61942,831

139,50630,000

1.240

150,01847,338874,042

195,248

3.5575,153335,301

33,13296,367

.4619, 36282, 503

5,2028,312

99,615

15.50115,684

14,70213,429

10,16522,805

6071, 72413, 83350, 299

6585, 20648,6274,8874,88824,478

1.270

209, 47613, 028

979,903

227,273

3.4476, 804346,908

31, 30898, 048

.4518,12591,212

5,45410,602

5,3284,6162,750

5,278

16,140

6,722

303,026228,867

62,156.37

173,636196,786218,175

643.598587, 4063,210,674

17,99817,93017,80715,020

188,607

102,886

15.50119,350

17, 5839,830

15,28424,363

8571,13618,18552, 314

7347,95630, 760

484,8787,128

1.295

4,5193,6141,839

6,014

14,782

5,969

312,481297,163

112,122.37

165,86059, 546324,489

352,748512,781

3,050,641

17,12917, 77717, 52015, 545

3,7583,9091,988

9,084

15,922

6,691

256,826281,484

62,613.37

117,23690,285351, 440

324, 527625, 4842,749,684

15,43716,00816,42414,935

100,446

15.50114, 618

13, 79415,002

14,64126, 538

20556,1638,82944,128

1494,31355, 281

4055,95624,968

1.295

224, 794 ! 227,1547, 892 16,188

1,076,520 1,089,429

199,202

3.0171, 458

332, 613

29, 220100,053

.4215,97991,971

5,07013,112

149,864570,199235,326

14,08572,856

3,5119,107

233, 286

2.8935, 064295,859

31,188104, 771

.456,28384,096

4,97514,194

87, 500

15.5099,825

10, 6259,987

14,06321,675

29859,8947,83650,143

8090,34965,4572, 5164,53917,998

1.295

188, 63131,561

1,066,567

186, 598

30, 639263, 270

25, 583104, 223

.452,82674,894

4,17514,399

3,9004,1472,230

8,229

16,639

7,013

268,064288,198

233,754.37

124,08693, 848

381, 678

178,232665, 7022,262,214

15,43515,80414,98615,307

116,478

76,573

15.5079,328

10,3098,544

14,43919,751

82585,4819,48573,165

5597, 50761,535

1065,81421,885

1.295

187,114155, 402897,888

202, 929

2.8935, 796

237, 350

26, 59798, 615

.466,71063,679

4,25512,387

138, 652598,610283, 313

3,6543,6822,256

9,012

19,186

6,071

174, 201271,914

147, 338.37

82,846105, 559358, 965

425, 333576, 6462,110,901

15, 00616, 00515, 50215,711

4,93710,751

4,8184, 9152, 349

9,149

19,094

8,264

184,921253, 499

59, 621.37

95,365105, 578348, 752

366,015761, 3691,715,547

14,97515,78115,44916,033

71, 649

15.5073,900

12,22214, 487

14, 06523,612

11969, 5804,239

63, 62157

102, 20470,934

663,934

20, 537

1.305

158, 890265, 511521, 297

184, 760

3.2863, 372

212, 526

24, 92686,406

.4318,17659,212

3,83110,863

67,162

15.5090,605

7,3118, 247

13,19437, 278

23560,3495,98752,479

104101,08559,5618,4313, 48622,714

1. 345

177, 64994, 066477,497

208,133

4.10110,450227, 022

31,04570,934

.4732,35967,117

5,0286,981

4,6624,8902,570

10, 683

20,382

8, 688

179, 368317,110

33,100.37

98,131131,203315, 680

559,002830, 220

1, 444, 329

17, 88617,27118.21313,759

233,233

50, 895

15. 5075, 546

8,07111,667

14,37231,119

4385,5347,62571,624

166105,08372,19029,9215, 24619,107

1.345

130, 27121, 508514,853

215,130

4.30121,946219, 882

35,16363,058

.4635,549G4, 824

5,5147,242

173, 578641, 744375, 650

3,1809,822

Page 39: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 37

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1933

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

CHEMICALS AND ALLIED PRODUCTS—Continued

OILS, FATS, AND ANIMAL BY-PRODUCTS—Continued

Animal fats and by-products—ContinuedGreases:

Consumption, factory thous. of lbProduction.. _ thous. of lb__Stocks, end of quarter thous. of lb._

Lard compounds and substitutes:Production thous. of lb_.Stocks, end of quarter thous. of lb.

Fish oils (quarterly):Consumption, factory thous. of lb.Production _ .thous. of lbStocks, end of quarter thous. of lb_.

Vegetable oils and products:Vegetable oils, total:

Consumption, factory (quarterly)thous. of lb

Exports thous. of lb_.Imports § thous. of lb__Production (quarterly) thous. of lb__Stocks, end of quarter:

Crude thous. of lb.Refined thous. of lb.

Copra and coconut oils:Copra:

Consumption, factory (quarterly)short tons.

Imports _ short tons. .Stocks, end of quarter short tons.

Coconut or copra oil:Consumption, factory:

Crude (quarterly) thous. of lb__Refined, total (quarterly)

thous. of lb_.In oleomargarine thous. of lb__

Imports thous. of lb.Production (quarterly):

Crude thous. of lb.Refined thous. of lb.

Stocks, end of quarter:Crude thous. of lbRefined thous. of lb_.

Cottonseed and products: fCottonseed: f

Consumption (crush) short tons. .Receipts at mills short tons..Stocks at mills, end of month.short tons. .

Cottonseed cake and meal: tExports* _ short tons. .Production short tons. .Stocks at mills, end of month.short tons. .

Cottonseed oil, crude: fProduction thous. of l b . .Stocks, end of month thous. of lb__

Cottonseed oil, refined:Consumption, factory (quarterly)

thous. of lb.In oleomargarine thous. of lb__Price, summer yellow, prime, N. Y.

dolls, per lb_.Production! thous. of lb._Stocks, end of month! thous. of lb_.

Flaxseed and products:Flaxseed:

Imports, United States thous. of bu__Minneapolis and Duluth:

Receipts thous. of bu_.Shipments thous. of bu__Stocks, end of month thous. of bu_.

Oil mills:Consumption, quarterly.thous. of bu . .Stocks, end of quarter.. . thous. of bu._

Price, no. 1, Minn dolls, per bu_.Production, crop estimate, thous. of bu . .Stocks, Argentina, end of month

thous. of bu._Linseed cake and meal:

Exports thous. of lb_.Shipments from Minneapolis

thous. of lb._Linseed oil:

Consumption, factory (quarterly)thous. of lb__

Price, wholesale, N.Y dolls, per lb_.Production (quarterly) thous. of lb._Shipments from Minneapolis

thous. of lb._Stocks at factory, end of quarter

thous. of lb._Lard compound:

Price, tierces, Chicago* dolls, p e r l b . .Oleomargarine:

Consumption (tax-paid withdrawals)thous. of lb._

Price, standard, uncolored, Chicagodolls, per l b . .

Production thous. of lb._

1,74465, 624

46,581

10, 75013, 026

161, 56065,679220,883

96174,237160,631

51, 74552, 444

1,274

.06457,450676,163

1,391

244254875

«7,797

4,724

38,382

8,651

.108

5,861

.09518, 406

2,81561,377

13, 283

6,88123, 605

90,26238,173

300,024

2,11941, 208114,656

29, 28129, 524

931

47,775628,420

103

175306763

7,480

30,536

7,610

.056

3,433

.065

11,360

86755, 978

14,482

9,62115, 698

151,193119,936265, 372

3,03070, 27197,481

45,53928, 315

1,241

.04538,273

525, 303

20

2,486519

1,565

1761

7,087

19,372

12,960

.055

4,752

.069

15, 020

.091 I .09311,408 I 16,016

50, 04774,64069,162

276,91624,480

38,94336, 722195,886

506,3512,029

43,971418, 363

538,909532, 231

42, 06716, 3979,448

130, 032

62, 3S010,42517,335

53, 01557, 350

145, 33913, 004

873, 033968,757666,877

12,622256,555201, 421

173,198103,100

283, 7001,292

.04581,183503,199

603

2,8451,4273,265

3,7392,6631.11

5,906

5,923

14,338

51,575.061

68,503

7,257

97,496

.074

16,211

.09517,128

5,51641,085

23, 362

11,9209,442

711,2361,258,5161,214,157

25, 702319, 695308,788

218, 949133, 875

1,270

.040165,906581,583

437

1,5481,7002,109

1.13

3,937

22,116

11,367

.063

4,849

19,391

.09519, 528

3,96150,631

25,049

11,93614,912

673,397892,182

1,432,942

18,430302,815367, 661

208,238147,746

1,378

.037187, 047670,558

384

7291,3401,200

1.06

3,937

17,797

8,411

.067

4,007

.063

20,048

48, 57580, 05872, 013

225,93226, 265

36,81728,682

197,290

837, 0876,356

66,191798,395

575,970763, 781

56,95926, 77228,084

127,640

67, 70112,23426,110

70,81959,847

120, 92814,227

483, 290381,139

1,328,607

,216,133366, 626151, 315143,835

229, 7991,519

.035133, 618730,492

914

434293

1,210

4,9983,1211.09

'11,787

5,512

14,753

8,576

43,833.069

90,987

2,510

121,775

.060

18,269

7,40675,298

6,62740, 237

18, 009 27, 300

13,434 I 10,70628,136 j 13,148

419, 354300, 753

1,211,440

440, 333198, 291969,398

21,941 23,873190,943 198, 762342, 565 332,624

130, 699146,688

1,467

.036112, 212759,730

368

399393

1,023

139,178159,060

1.16

5,512

26,690

8,297

.073

4,108

1,274

.035113,517802,125

570

101126

1,026

1.10

5,512

22,799

6,410

.072

3,462

.059 .059

22,920 15,498

44,88979, 41171,894

203, 56425,020

29, 74118,197

J 81,374

660, 3624,697

69,913600,825

664,447839,933

59, 22514,85224,571

120, 207

69, 42613,49829,651

76,02861, 785

138, 55114, 382

,148,382749,164

5,039167,464286,197

116, 668161, 246

209,9421,408

.037107, 938807,376

732

107153950

4,3651,6461.13

6,299

17, 291

8,693

39, 021.075

79, 595

4,405

141,105.060

23,106

2,35755,039

15, 754

12, 78820,210

249, 26795,100

594.997

4,564115,602221, 453

80,163122, 517

1,382

.04097,615

804, 201

221

179235

1,037

1.28

6,693

20, 518

9,564

.078

8,152

.063

18,358

2,24382,720

24, 895

12,27232, 677

219, 02471,921

447,894

5,373100,631207,175

73, 32481, 279

1,491

.050107, 508779,447

806

524267912

1.43

8,268

17,676

10,799

.087

8,770

.073

19,578

• As of Aug. 1./As of Dec. 1.t For revisions of the year ended July 1932, see p. 20 of the February 1933 issue.

.095 .095 .095 .080 I .077 .081 .09419,166 20,142 21,023 17,246 | 21,387 20,439 20,031

* New series. Earlier data not published.§ Data for 1932 revised. See p. 37 of the June 1£33 issue.

59,53589,97475,634

245,01021,792

41, 7956,602

149,105

701,0391,234

87,056432,308

488,679769,898

62, 80527, 25723, 779

141,082

72,4768, 715

29, 776

79,94268,389

138, 02416,815

171,66940, 659

316,764

5079,975

197,902

56,34763, 759

262,6481,379

. 05670, 512

737, 849

1,056

641334960

4,268854

1.72

7,087

26,862

7,792

76,975.094

79,035

7,855

86,926

.075

15, 578

.09515, 530

Page 40: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

38 SURVEY OF CURRENT BUSINESS September 1933

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1933

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

CHEMICALS AND ALLIED PRODUCTS—Continued

PAINTSPaints, varnish, and lacquer products: #

Total sales (588 estab.) thous. of dolls.Classified (315 estab.) thous. of dolls.

Industrial thous. of dolls.Trade thous. of dolls.

Unclassified (273 estab.)..-thous. of dolls.Plastic, cold-water paints, and calcimines:

Calcimines dollars.Plastic paints ..dollars.Cold-water paints dollars.

PYROXYLIN PRODUCTSRods:

Production* thous. of lb.Shipments* thous. of lb.

Sheets:Production* thous. of lb.Shipments* thous. of lb.

Tubes:Production* thous. of lb.Shipments* thous. oflb.

ROOFINGDry roofing felt:

Production- short tons.Stocks, end of month short tons.

Prepared roofing, shipments:Total thous. squares.

Grit roll thous. squares.Shingles (all types) thous. squares-Smooth roll thous. squares.

2,700662617

1,421

14,4309,8523,7936,0594,578

75,22882,63945,281

65

389541

12,1364,909

• 1,707«389°451«867

16,03210,7703,8516,9195,263

102,29964,22954,028

142126

540691

18,4744,078

2,837672707

1,457

16,80611,1983,9817,2175,608

117,73268,48548,150

155163

802941

22,7813,717

3,103764878

1,461

15,59210,607

6,6104,986

113,49365,52947,344

135188

9401,007

17,7783,706

2,573630656

1,287

13,2608,7963,5995,1974,464

129,06442,228

144154

839818

52

9,4504,662

1,202271192739

10,1286,7303,2233,5073,398

65,66050,17030,756

72105

713787

7,6044,827

621141118362

11,9467,6943,5304,1644,252

60,04774,37937,214

76119

635753

1429

5,4604,864

840191113535

12,3468,1843,4174,7674,161

75,988104,78942,320

81102

597688

2326

11,1005,146

1,694348323

1,022

14,4369,1743,3855,7995,253

99,81086,44044,159

6591

535687

1833

14,1684,959

2,731525522

1,685

20,34313,3194,6728,6477,025

116,52388,07161,314

105132

594804

2627

16,4774,454

2.267522470

1,275

27, 57417,8056,05311,7529,768

181, 543114,546• 84, 241

163127

984955

20, 7413,701

• 2,804« 691

1,441

152, 678113,73983,287

19, 6785, 472

2, 026552435

1, 039

ELECTRIC POWER AND GAS

ELECTRIC POWER

Consumption, industrial, for power purposes.(See Business Indexes.)

Fuel consumed in production of electricalenergy. (See Fuels.)

Production, total f mills, of kw.-hrs..By source:

Fuels mills, of kw.-hrs..Water power mills, of kw.-hrs—

By type of producer:Central stations mills, of kw.-hrs..Street railways, manufacturing plants, etc.

mills, of kw.-hrs—Sales of electrical energy:

Sales to ultimate consumers, total(N.E.L.A.)..- mills, of kw.-hrs..

Domestic service mills, of kw.-hrs—Commercial—retail mills, of kw.-hrs..Commercial—wholesale—mills, of kw.-brs..Municipal and street lighting

mills, of kw.-hrs—Railroads:

Electrified steam mills, of kw.-hrs..Street and interurban—mills, of kw.-hrs—

Qross revenue from sales of energy (ElectricalWorld) thous. of dolls—

Revenues from ultimate consumers(N.E.L.A.) thous. of dolls..

GASManufactured gas:*

Customers, total thousands..Domestic thousands..House heating thousands..Industrial and commercial thousands—

Sales, to consumers millions of cu. ft—Domestic millions of cu. ft—House heating millions of cu. ft—Industrial and commercial

millions of cu. ft—Revenues from sales to consumers

thous. of dolls—Domestic thous. of dolls—House heating thous. of dolls—Industrial and commercial.thous. of dolls.

Natural gas:*Customers, total thousands.

Domestic thousands.Industrial and commercial thousands.

Sales to consumers millions of cu. ft.Domestic— millions of cu. ft__Industrial and commercial I

millions of cu. ft—Revenues, from sales to consumers

thous. of dolls.Domestic— thous. of dolls.Industrial and commercial.thous. of dolls.

6,547

3,8582,689

6,123

424

4,969854

1,0072,550

163

41309

152, 370

140,986

10,2129,670

45490

27,58121,158

227

6,071

31,66425,934

2085,426

5,4464,994

45048,4669,774

38,125

17,0639,4377,558

6,764

4,1792,585

6,328

436

5,045838

1,0162,617

175

42311

152,020

140, 256

10,1559,616

46485

25,60819,519

177

5,778

29,68724, 220

1635,208

5,4204,972

44648, 5498,034

39,935

16, 5018,8237,600

6,752

4,3162,436

6,315

437

5,238911

1,0552,698

183

41305

159,040

145,976

10,2039,659

49488

28,21321,899

219

5,949

32,40526, 727

1985,375

5,4274,980

44652,6158,509

43, 651

17,4699,2438,147

7,073

4,3512,722

6,609

464

5,326984

1,0652,653

199

45331

165,410

151,551

10,1590,606

58487

30,33522,990

794

6,372

34,01127,612

6325, 650 |

5,4534,996

45560,00113,541

45,283

20,72011,6078,964

6,952

4,0872,865

6,513

439

5,4231,0761,1172,578

207

46350

169, 730

156,862

10,0389,484

62484

30,18621,3382,030

6,632

33,02225,596

1,4585,845

5,4865,020

46473,28021, 625

50,558

25,90715, 46410,245

7,149

4,3772,772

6,670

479

5,3451,1311,1252,383

217

50382

171,880

157,561

10,0029,445

63486

31,82421,6413,244

6,737

34,13425,8022,2135,990

5,4995,032

46688,71635,325

52,175

33,40721,78411,455

6,932

3,9822,950

6,535

397

5,3731,2061,1212,343

234

49361

171,370

160, 279

9,9079,356

61482

32,32421,9373,424

6,778

34,28825,9292,2925,945

5,4705,003

46590,04740,477

48,777

35,70924,45011,130

6,286

3,6512,635

5,922

364

5,0261,0741,0442,248

211

50348

158,620

149, 768

9,8799,328

62481

30, 94920, 7143,395

6,661

32,87224, 6082,2895,841

5,5035,011

49186, 26234,998

50,337

33,93622,25011,487

6,674

3,6643,010

6,265

409

4,8781,004

9842,221

196

55361

151,920

142,487

9,8539,305

61478

30,65520,8213,216

6,438

32,50924,5512,1665,667

5,4704,986

48280,28933,153

46,361

30,85820,20110, 530

« 6,462

3,368° 3,094

° 6,059

403

4,988980984

2,423

179

53318

151,420

142, 512

9,8249,279

61476

30,45921,1032,576

6,607

32,43525,0201,7875,516

5,4304,955

47373,18828,182

44, 423

27,32217, 5629,655

« 3, 603° 3,393

<» 6, 574

422

5,237907969

2,772

167 i

314

149,950

141,163

9,8269,281

58479

29,93721,481

1,449

6,864

32, 20525,4221,0145,649

5,4444,972

47062,09520,687

40, 640

23,35914, 6648,604

7,207

4,1893,018

6,768

439

5,603889997

3,159

143

54304

143. 368

9,8489,313

51478

28,48320, 999

473

31, 24625, 251

3705,531

5,3914,945

44456,33913,348

42,479

19, 81711, 2538,482

# Since March 1932 detailed figures are not strictly comparable owing to changes in firms reporting.* New series. For earlier data see p. 19 of the January 1933 issue (pyroxylin products) and p. 19 oft For revised data for year 1932 see pp. 38 and 56 of the May 1933 issue.

1 Revised.

19 of the May 1933 issue (gas).

Page 41: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 39

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

FOODSTUFFS AND TOBACCO

DAIRY PRODUCTSButter:

Consumption, apparent* thous. of lb__Price, N.Y., wholesale (92 score)dolls. perlb._Production (factory)t thous. of lb_.Eeceipts, 5 markets thous. of lb>_Stocks, cold storage, creamery, end of month

thous. of lb__Cheese:

Consumption, apparentf- thous. of lb__Imports. thous. of lb._Price, No. 1 Amer. N.Y dolls, per lb_.Production (factory)f thous. of lb__

American whole milkf thous. of lb__Receipts, 5 markets _thous. of lb._Stocks, cold storage, end of monthf

thous. of lb__American whole milkt thous. of lb__

Milk:Condensed and evaporated:

Production:!Condensed (sweetened) thous. of lb__Evaporated (unsweetened) #

thous. of lb._Exports:

Condensed (sweetened) thous. of lb_.Evaporated (unsweetened)-thous. of lb._

Prices, wholesale, N.Y.:Condensed (sweetened)—dolls, per case..Evaporated (unsweetened)

dolls, per case..Stocks, manufacturers, end of month:

Condensed (sweetened):Bulk goods thous. of lbCase goods thous. of lb._

Evaporated (unsweetened):Case goods ___thous. of lb__

Fluid milk:Consumption in oleomargarine

thous. of lb__Production, Minn, and St. Paul

thous. of lb.Receipts:

Boston, incl. cream thous. of qt__Greater New York thous. of qt__

Powdered milk:Exports thous. of lb_.Orders, net, new thous. of lb._Stocks, mfgrs. end of mo thous. of lb._FRUITS AND VEGETABLES

Exports, fruits and preparations. (See For-eign trade.)

Apples:Production, crop estimate thous. of bu_.Shipments, car lot carloads..Stocks, cold storage, end of month

thous. of bbl.Citrus fruit, car-lot shipments carloads..Onions, car-lot shipments carloads..Potatoes:

Price, white, N.Y dolls, per 1001b._Production, crop estimate thous. of bu_.Shipments, car lot carloads..

GRAINSExports, principal grains, including flour and

meal thous. of bu._Barley:

Exports, including malt thous. of bu__Price, no. 2, Minn. dolls, per bu._Production, crop estimate thous. of bu._Receipts, principal markets *.-thous. of bu_.Visible supply, end of month..thous. of bu__

Corn:Exports, including meal thous. of bu__Grindings thous. of bu_.Prices, wholesale:

No. 3, yellow (Kansas City)_dolls. per bu._No. 3, white (Chicago) dolls, per bu._

Production, crop estimate thous. of bu._Receipts, principal markets thous. of bu__Shipments, principal markets-thous. of bu_.Visible supply, end of month..thous. of bu_.

Oats:Exports, including oatmeal thous. of bu_.Price, no. 3, white, (Chicago).-dolls, per bu._Production, crop estimate thous. of bu__Receipts, principal markets thous. of bu..Visible supply, end of month..thous. of bu._

Rice:Exports § pockets 1001b._.Imports _ pockets 100 lb.. .Price, wholesale, head, clean, New Orleans

dolls, per lb_.Production, crop estimate thous. of bu__

133,123.25

177,63864,057

150,907

45,4993,440

.1557,81346,20916,923

94,30082, 775

14,805

179,668

3303,305

4.73

2.63

11, 53716, 937

131,987

4,426

20511,15113,201

'146,8311,420

1,145

2.371«292,668

11,834

4,220

836.64

157, 6346,280

11, 633

5816,511

.52

.57'2,273,019

46, 22323, 59463, 456

155.39

«666, 74516, 54234, 598

163,34820,345

.029•34, 203

137,276.18

163,37057,333

110,247

»43,9903,342

.120 59,1350 40,205

16,492

76,327

»16,955

183,270

6562,687

4.75

2.33

12,63421,447

225,897

2,781

25,887

20,017121,116

31010,96027,918

2,589

8,0461,532

1.073

"l5~704"

6,740

812.31

88S1,812

3814,552

.35

.32

7,3199,100

11,716

447.18

7,93713,307

234,0322,358

.020

148, 538.20

149,62552,082

107,259

45, 2431,079

.14« 52,371« 34, 796

14,856

79,84766, 721

»16,346

158.780

5422,725

4.72

2.25

12,30820, 537

190,912

3,792

22,381

19, 799118,806

31611,31224,918

1,641

5,9481,419

.921

"8," 277"

8,524

995.31

6,0374,616

6975,165

.33

.32

14,3005,280

15,065

1,218.17

22,44627,259

134,4632,378

.020

141,715.21

'127,38643,022

89,490

44,8854,665

.14«48,077"31,510

12,771

81,40668,555

«18,398

'132,617

5702,574

4.68

2.25

10,54118,672

176,197

4,054

21,945

18,354115,727

25610,42621,785

8,457

1,9745,6213,610

.913

12,738

6,098

1,028.32

4,6316,625

3125,981

.29

.30

19,39111,17719,545

531.17

9,71529,042

101,6765,428

.022

141,933.21

'121,81939,720

45, 5296,300.13

45,755« 29,26713,329

78,27466,813

-19,452

120,173

5832,833

4.68

2.25

8,33416,302

146,204

4,646

24, 571

18, 571113, 877

17810,08920,004

23,459

8,8276,6943,371

.910

14,230

8,176

1,244.29

3,2727,151

1,9155,856

.24

.25

24,51612,44428,252

566.15

5,42128,532

163,3476,287

.021

138,524.23

'109,79040, 714

37,207

41,4326,609

.13« 39,293« 23,601

12, 505

73,91662,392

«14,699

106,184

5222,601

4.68

2.25

7,50514,673

139,957

4,485

26,727

17,589107,768

2918,982

18,505

10,666

9,81111,0222,084

1.061

11,704

10,075

1,353.31

2,7247,633

2,3205,569

.24

.25

12, 6449,318

27,534

406.15

3,18927,316

176,70421, 381

.020

134,106.24

'120,84143,074

22,043

41,1944,845

.13« 37,716« 22,819

11,405

68,71457,749

«16,575

'112,816

5923,036

4.68

2.56

7,42712,234

100,092

4,736

31,705

17,725108,829

22510,20718,326

/140,7756,030

8,51313,2771,657

1.254/ 357,679

11,944

5,715

940.29

/ 299,9502,9148,242

5,167

.22

.23'2,875,570

11,5526,486

30,724

525.15

'1,238,2313,745

26,310

211,80220,102

.020/ 39,356

128,678.20

127,07650,828

17,833

39,8713,070

.1231,387

« 23,81510,768

63,32153, 532

15,178

112,209

5063,129

4.68

2.55

6,4889,524

107,154

5,039

34,903

17,848109,567

1837,877

17,473

6,278

6,70313,5662,311

1.258

16,570

4,826

1,121.26

1,7878,685

1555,758

.23

.24

12,7153,750

33,793

237.15

4,35226, 220

153,54931,872

.019

122,655.19

'119,21244,750

11,580

40, 5493,545

.1129,480

a 22,1249,981

55, 73146,992

12,715

104,658

5262,629

4.68

2.42

5,5737,831

101,085

32,457

16,364102,264

1797,789

16, 389

5,875

4,13812,2872,252

1.250

16,359

3,569

449.25

1,2038,496

5835,022

.22

.23

12,6413,602

35,006

360.15

4,23625,434

152,02523,837

.019

129,093.18

'129,37950,672

9,255

43,8172,892

.1134,073

• 26,18612,725

48,80641, 625

14, 580

141,090

475

4.68

2.03

5,4535,935

50, 571

5,041

36,718

18,266112, 525

1609,556

14,997

4,999

2,89413, 6242,431

1.257

24,481

4,172

1,113.30

1,6838,320

3715,830

.26

.26

9,8854,991

36,120

582.17

4,767

166, 29128,704

.021

133,645.21

'135,37148,072

45, 2733,891

.1236, 281

' 29, 57812,728

43,62637, 321

15,947

172,178

5623,290

4.68

2.19

6,0765,310

36,975

4,858

34,908

17, 591109, 550

24810,25113,354

2,830

1, 56712,8132,456

1.290

18,005

.40

5,0558,414

1877,117

.33

.36

16, 62311,77632, 463

210.22

8,19122,228

157, 23521, 635

.022

160,871.23

187,20565,023

35,159

56, 7405,527

.1556,116

« 43,42216,037

48,48141,336

21,363

203,685

4822,122

4.68

2.55

8,4559,860

48,127

4,814

37,821

19, 409121,759

19212,13213,695

1,964

59014,0472,740

1.101

17, S

3,176

785.45

8,78010, 809

7138,862

.39

.44

26,46416,71838,362

153.25

11, 79123,695

69,81620,047

.026

* New series. For earlier data see p. 20 of the November 1932 issue (barley) and p. 19 of the June 1933 issue (butter).w Bulk evaporated milk not included since December 1931.• As of Aug. l. / As of Dec. 1. • Revised.

128,815.23

» 200,71273,116

«106, 378

40,8356,862

.1564,359

° 51,14213,989

«78,715« 67, 456

19,496

220,655

3333,147

4.70

2.60

«12,94714,996

104,088

3,773

18,876118,690

225•12,910

• 13,040

1,083

12, 3451,727

1.417

~21~302

3,210

858.43

5,09111,701

4535,473

.40

.45

33, 74215,11149,187

163.30

12,15928,173

71, 57316,913

.026

120,664; March 145,706; April 170,836; May 219,491; June 219,755.§ Data for 1932 revised. For revision see p. 39 of the June 1933 issue.

Page 42: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

40 SURVEY OF CURRENT BUSINESS September 1933

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933 |

July July August

1932

Septem- October Novem- Decem-

1933

January * * J * March April May June

FOODSTUFFS AND TOBACCO—Continued

GRAINS—Continued

Rice—ContinuedReceipts, southern paddy, at mills

thous. of bbl. (1621b.)..Shipments to mills, total

thous. of pockets (100 lb.)_.New Orleans—thous. of pockets (1001b.).-

Stocks, domestic, end of monththous. of pockets (100 lb.)._

Rye:Exports, including flour thous. of bu._Price, No. 2, Minneapolis dolls, per bu . .Production, crop estimate thous. of bu._

Receipts, principal markets*.-thous. of bu._Visible supply, end of month* thous. of bu,..

Wheat:u Exports:

Wheat, including flour thous. of bu . .Wheat only... thous. of bu._

Value, wheat and flour. (See ForeignTrade.)

Prices, wholesale:No. 1, Northern, Spring, Minn.

dolls, per bu . .No. 2, Red, Winter, St. Louis

dolls, per bu . .No. 2, Hard, Winter, K.C._dolls, per bu_.Weighted average, 6 markets, all grades

dolls, per bu._Production, crop estimate, total

tfaous of buSnrin? wheat thous. of bu_Winter wheat thous. of bu._

Receipts thous. of bu_.Shipments .- -- .thous. of bu._Stocks, visible supply, world..thous. of bu . .

Canada thous. of bu_.United states thous. of bu_.

Stocks, held by mills (quarterly)thous. of bu

Wheat flour:Consumption (computed) t---thous. of bbL.Exports thous. of bbl_.Grinding of wheat thous. of bu . .Prices, wholesale:

Standard Patents, Minn.. .dolls, per bbl. .Winter, straights, Kansas City

dolls, per bbl . .Production:

Flour, actual (Census) thous. of bbL.Flour, prorated, total (Russell's) f

thous. of bbl . .Offal thous. of lb—ODerations percent of total capacity

Stocks, total,' end of month (computed)thous of bbl

Held by mills (quarterly)...thous. of bbl—

LIVESTOCK AND MEATS

Total meats:Consumption, apparent mills, of lb . .Exports, value of meats and fats. (See For-

eign Trade.)Production (inspected slaughter)

mills, of lb_.Stocks, cold storage, end of month total

mills, of lb—Miscellaneous meats mills, of lb_.

Cattle and beef:Beef and veal:

Consumption, apparent .thous. of lb_.Exports§ . thous. of lb_.Price, wholesale..

Beef, fresh native steers, Chicagodolls, per lb.

Production, inspected slaughterthous. of lb .

Stocks, cold storage, end of monththous. of lb.

Cattle and calves:Movement, primary markets:

Receipts thous. of animals.Slaughter, local thous. of animals.Slaughter, inspected. (See Leather and

leather products.)Shipments, total thous. of animals.

Stocker and feeder.-thous. of animals.Price, wholesale, cattle, corn fed, Chicago

dolls, per 100 lb.Hogs and products:

Hogs:Movement, primary markets:

Receipts thous. of animals.Slaughter, local thous. of animals.Slaughter, inspected. (See Leather

and leather products.)Shipments, total thous. of animals.Stocker and feeder..thous. of animals.

Price, heavy, Chicago..dolls, per 100 lb.

112

55450

937

6.83

«23,116

1,68911,273

1,39129

1.08

1.01.98

1.00

499,671159,316340,355

37,17217, 527

193," 879"135, 493

290

7.55

6.11

1,052

1,185

1,14475

423,1521,344

.094

426,689

41,845

1,456953

460111

6.50

2,8712,136

73655

4.56

223

52666

1,353

259.32

3538,955

4,8413,208

.57

.47

.45

.48

"11," 006"17, 294

408, 200121,005177,876

8,170347

38, 023

4.02

3.10

7,828

8,949631,452

50

4,700

956

910

84452

354,0241,332

.142

350,521

26, 719

1,291783

492149

8.61

2,1591,445

71522

4.86

a 293

« 62196

1,040

1.34

1,4589,052

5,6133,899

.58

.53

.48

.55

16," 73219, 648

423, 600108, 522188,238

9,276365

41,417

4.16

3.24

9,005

9,724731,368

53

5,155

1,002

955

75145

364,8671,130

.144

360,441

24,376

1,606924

656280

8.73

2,4051,658

73921

4.23

"843

"69483

1,225

1.34

9918,700

4,2262,479

.58

.54

.48

.55

"38,116"21,313

497, 500179,122193,931

154 037

9,287372

43, 015

4.14

3.21

9,395

10,404752,259

60

5,9004, 245

1,096

1,038

63740

404,8261,018

.143

404,123

25, 909

1,689916

773390

8.96

2,5051,739

76121

4.12

1,606

"95790

1,915

29.32

5878,485

4,4222,656

.54

.50

.45

.51

~27~238~17, 540

528,700224,678190,310

10,752376

42, 880

3.92

3.00

9,382

11, 228762,369

57

6,000

1,088

1,059

54437

380,576796

.136

389,873

36, 036

1,896962

866479

8.09

2,6911,830

85523

3.64

a 1,186

a Qgg97

2,177

1.31

4238,030

5,9953,714

.49

.47,43

.49

"I7~58l"23, 464

525, 800231,342177,025

9,380483

39,841

3.72

2.84

8,719

10, 363691,984

55

6,500

1,042

1,059

51335

357, 250969

.124

361,405

41, 029

1,543847

735377

7.00

2,7751,881

89126

3.37

o 706

83483

2,107

2.31

/ 4 0 409

6107,993

3,5491,728

.48

.46

.42

.46

/726 283/264,604/461.679

13,85913, 604

592, 670233,592168, 958

147,095

10,664387

38, 007

3.74

2.85

8,323

10,051660,411

51

5,5004,012

1,014

1,172

62043

331,693943

.113

332,357

42,870

1,161689

494210

5.77

3,1212,167

95920

3.06

687

83867

2,013

0.33

6087,934

3,3131,793

.50

.50

.44

.48

"12,814"8,375

643,550228, 647158, 228

9,929324

36,949

3.80

3.00

8,077

9,693646,950

52

4,940

1,061

1,239

71747

371,847927

.106

365,532

39,550

1,318824

471152

5.09

3,3812,396

97529

2.94

747

75048

2,036

1.32

2867,790

2,176729

.49

>49.44

.48

~~~9,~869~7,481

620,400223, 439148,426

8,513308

33,133

3.71

2.75

7,216

8,781572,587

50

4,900

919

1,019

75146

343,608844

.105

338, 763

36,015

1,136725

407129

5.16

2,6991,896

80324

3.41

821

1,05872

1,856

1.35

5467,688

2,105456

.53

.55

.48

.53

12, 72910,246

577, 600225, 360136, 724

116,910

9,127351

40, 705

4.03

3.04

8,867

10,238709,357

53

5, 6C03,718

993

1,052

74942

373,6101,135

.097

370, 562

33,781

1,171786

38697

5.44

2,6381,921

71520

3.92

1,032

a 1,10219

1,833

3.43

1,2698.006

1,754194

.63

.69

.60

.64

15,75313, 421

522, 330215, 204125, 934

a 11,020332

a42, 560

4.54

3.48

« 8, 298

a 10, 948a745, 9£0

59

5,400

1,030

1,106

78045

376,9131,561

.092

372, 635

30,658

1,296829

456152

5.52

2,7982,084

71429

3.75

I

628

82154

1,050

2.52

5,2118,806

1,52314

.74

.81

.70

.73

23,31017, 258

475, 380196, 581118,546

° 10, G45321

« 40, 392

4.86

4.03

8,777

a 8, 824711,463

o4

5,100

1,107

1,240

86551

432,8491,164

.094

430, 356

30, 538

1,5581,006

534193

6.32

3,1432,412

71838

4.57

257

56549

1.S81

17.62

2,57310, 501

1,719]<3

.8C

.82

.76

. 78

28,59815,822

458,610197, 665124,973

131,854

9,800362

39,498

5. 38

4.13

8,577

9,800696,558

52

5,7.0

« 1,095

1,314

« 1,04965

«434,£661,657

.094

436,508

a 35,136

1,449959

489150

6.36

3,3612,621

73746

4.58

* Revised. • As of Aug. 1. / As of Dec. 1.§ Data revised for 1932. For revision see p. 40 of the June 1933 issue.

• New series. For earlier data see p. 20 of the November 1932 issue,f Data revised from July 1931. See p. 19 of the August 1933 issue.

Page 43: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 41

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

FOODSTUFFS AND TOBACCO—Continued

LIVESTOCK AND MEATS-Continued

Hogs and products—ContinuedPork, including lard:

Consumption, apparent thous. of lb._Exports, total thous. of lb_.

Lard thous. of lb_.Prices:

Hams, smoked, Chicago.._dolls, per lb_.T QJ-/-J •

Prime contract, N.Y dolls, per lb_.Refined, Chicago* dolls, per lb._

Production, inspected slaughter, totalthous. of lb_.

Lard thous. of lb._Stocks, cold storage, end of mo.

thous. of lb._Fresh and cured thous. of lb_>Lard . thous. of lb._

Sheep and lambs:Lamb and mutton:

Consumption, apparent thous. of lb__Production, inspected slaughter

thous. of lb__Stocks, cold storage, end of mo.

thous. of lb._Movement, primary markets:

Receipts thous. of animals..Slaughter, local— thous. of animals..Slaughter, inspected. (See Leather and

leather products.)Shipments, total thous. of animals.-

Stocker and feeder thous. of animals..Prices, wholesale:

Ewes, Chicago dolls, per 100 lb._Lambs, Chicago dolls, per 1001b—

Poultry and eggs:Eggs:

Receipts, 5 markets. thous. of cases..Stocks, cold storage, end of month:

Case - . . __thous. of cases..Frozen thous. oflb_.

Poultry:Receipts, 5 markets thous. of lb.Stocks, cold storage, end of mo

thous. of lb.

TROPICAL PRODUCTSCocoai

Imports long tons.Price spot, Accra, N.Y dolls, per lb.Shipments, Gold Coast and Nigeria

long tons.Coffee:

Clearances from Brazil, total. thous. of bags.To United States thous. of bags.

Imports into United States.-thous. of bags.Price, Rio no. 7, N.Y .dolls, per lb.Receipts at ports, Brazil thous. of bags.Stocks, world total, incl. interior of Brazil

thous. of bags-Visible supply, total excl. interior of Brazil

thous. of bags.United States thous. of bags

Sugar:Raw sugar:

Cuban movement:Exports long tonsReceipts at Cuban ports. long tons.Stocks, total, end of month

thous. of long tons.united orates.

Meltings, 8 ports t long tonsPrice, wholesale, 96° centrifugal, NewYork .. dolls, per lb._

Receipts:From Hawaii and Pto. Rico.Jong tons..Imports § long tons

Stocks at refineries, end of mo.flong tons..

Refined sugar:Exports, including maple § long tons..Price, retail, gran., N.Y dolls, per lb. .Price, wholesale, gran., N.Y.dolls, per lb_.Shipments, 2 ports.. ...long tons..Stocks, end of month, 2 ports...long tons..

Tea:Imports thous. of lbPrice, wholesale, Formosa, fine, N.Y.

dolls, por lb..

MISCELLANEOUS PRODUCTS

Candv sales by manufacturers thous. of dollsFish:

Landings, fresh fish, principal portsthous. of lb.

Salmon, canned, shipments cases.Stocks, total , cold storage, 15th of m o n t h

thous . of l b .

577,92651,11236, 200

.135

.073

.074

707, 530148,330

,026,122807, 855218, 267

51,053

50, 862

1,596

2,2261,106

1,103108

1.837.20

1,152

9,503107, 617

22,121

44, 041

18,198.0550

17, 832

1,586745865

.0761,440

6,418747

2,386

358, 713

.035

176, 296312,112

498, 052

3,513.054.046

59, 71838, 928

8,909

.175

33, 231

551,13648, 72234,886

.131

.054

.066

509,181103,411

764, 670643,052121,618

50,419

50,438

1,012

2,2401,199

1,049181

1.505.91

1,082

6,43199,112

18,476

31,471

9, 515.0447

13,256

520227671

.079885

U)5,292

765

190,983106, 496

2,666

364, 664

.030

150, 815189,103

380,430

3,713.046.040

76, 64939, 903

6,278

.175

9,098

26,998453, 062

41,306

579,17042,81534,973

.141

.055

.069

536,291102,679

679,453578,876100, 577

58,415

58,713

1,305

2,9191,447

1,457460

1.885.03

1,035

5,96092,967

21, 751

30, 305

7,989.0475

10,808

612301601

.085814

tt)5,152

643

291, 832141,147

2,195

352, 650

.032

141, 275326,859

393,734

2,788.048.041

75,99038, 011

8,004

.175

14,076

31, 8471,014,716

51,345

628,78553, 50044,789

.137

.054

.066

571,476105,696

568,909498,253

70,656

62,129

62,823

1,983

3,2391,330

1,892535

1.635.03

853

4,89584,187

24, 739

36,683

20, 212.0488

9,481

7983S5782

.094926

(t)4, 975

596

84, 87376,992

2,038

400, 486

.031

107,743220, 721

313, 670

2,526.048.042

51, 42339, 327

9,405

.175

21,255

31, 2651,098,118

59, 209

646,52762,82753,573

.126

.048

.065

607,951112,063

467,958433,548

34,410

60, 447

61,449

2,974

3,2651,340

1,900803

1.505.05

738

3,22574, 314

32,140

54,989

19,642.0428

22, 220

1,339657923

.0881,155

31,828

5,415624

114,28276,727

1,838

280,791

.032

87,802151,139

256,180

3, 538.049.041

46. 07039, 560

9,353

.175

21,219

33, 069501,737

63,167

631,22947, 35835,897

.118

.053

.062

643,777128, 446

433,644403,898

29,766

53,421

53,366

2,904

2,2031,107

1,145501

1.565.17

605

1,19964,150

73, 950

91,118

19,730.0408

34, 486

894390935

.0821,196

31,612

5, 287584

98, 47864,693

1, 653

232, 828

.030

46, 544139,146

193,899

2.969.049.042

77. 39066, 431

10, 364

.175

20, 613

18, 6532S1,139

62,168

631,98159,55849,919

.108

.046

.055

789,467163,864

531.938490,850

41,088

50,030

49,910

2,767

1,657919

749196

1.755.38

618

15955,339

74,866

111,642

19,873. 0383

52,183

962403945

.0S41, 785

31, 005

5,508562

94.10362, 549

1,535

212, 808

.029

37, 213136,805

152,131

2,616.049.041

88,56971,385

9,817

.175

19, 734

14,038395, 267

55.749

634,85088,71378,137

.107

.046

.052

819,244175,438

627,925575,084

52,841

54,482

53,761

2,029

1,9141,083

820108

1.755.53

1,050

7546, 448

30,153

104,833

25,181.0367

51,234

1,303784911

.0831,315

29, 819

5,154545

1,444

215, 768

.027

86,809170,779

147, 879

2,470.049.039

83,87659, 315

9,038iI .175

16,104

17, 270282,104

45, 756

523,89665, 76157,773

.108

.042

.051

628,937131,9S5

667,503609,321

58,182

51,720

51,400

1,683

1,7951,020

77682

1.755.44

988

16340,450

21, 975

88, 675

22, 853.0358

29,577

1,117655

1,083.085

1,401

28, 956

5,286714

2,062

224,948

.028

125,149163, 821

200,163

2,768.047.038

94, 27865, 767

5. 705

.175

15, 506

22, 325631,818

35,469

561, 35658,35147, 661

.114

.048

.055

623, 747127,436

671,914610, 240

61, 674

57, 790

57,939

1,818

1,8441,099

74765

1.755.38

1,639

1,83345,090

17,879

67, 285

14,471.0370

25, 349

1,245678

1,109.082

1,792

27, 282

5,778703

2,911

342,037

.030

170,909258,951

281,051

3,325.048.041

52, 65426,046

6,635

.175

14,852

24,158516,749

25,855

596, 65150, 63938, 741

.116

.049

.058

677, 378139,066

702, 255630, 360

71,895

56, 419

56, 397

1,773

2,0971,152

948107

1.S85.18

2,280

4,85762, 944

18,617

45,824

20, 324.0388

17, 739

1,116597922

.0781,588

26,089

5, 888735

2,882

345, 677

.031

227, 499308, 660

367, 545

2,854.048.042

66,77425, 605

7,067

.175

15, 033

28, 426378,682

19,335

615, 82558,15446, 038

.121

.066

.073

750, 898150, 410

781, 442670, 553110, 889

58, 368

58, 456

1,843

2,4021,319

1,081125

1. SS6.10

2,502

8, 06285, 323

23,123

38,131

14, 801.0450

18, 028

1,197625

1,187.082

1,631

24, 233

5,754821

2,825

361, 308

.033

185, 062305, 753

426, 714

3,090.049.044

76,16332, 826

7,295

.175

« 15, 561

30, 297477, 019

19, 646

« 605, S9352, 09337, 941

. 128

.066

.071

823, 375171, 519

a 946,980a 760, 730« 186, 250

« 54, 5G9

54,55G

° 1, 807

2, 0911,107

912100

2.167.28

1,576

« 9, 364°103, 019

24, 086

a 42, 705

18, 097.04S0

19,613

1,366716977

.0761,543

23, 095

6,140735

2, 637

411,361

.034

164,316261, 516

a 448,183

3, 62c.049.045

62, 27936, 513

5, 846

.175

11,844

09 23 ]30I!G4C

25, 711

• Revised.• New series. Earlier data not published.t For revised data for year 1932 see p. 41 of the May 1933 issue.

t Missing data not available.§ Data for 1932 revised. For revisions for full year 1932 see p. 41 of the June 1933 issue

Page 44: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

42 SUKVEY OF CURRENT BUSINESS September 1933

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

1933

January Febru-ary March April May June

FOODSTUFFS AND TOBACCO—Continued

Leaf:TOBACCO

Exports § .__ _.thous. of lb__Imports, unmanufactured thous. oflb._Production, crop estimate thous. of lb . .Stocks, total, including imported types

(quarterly) mills, of lb._Flue-cured, fire-cured, and air-cured

mills, of lbCigar types.. mills, of lb._

Manufactured products:Consumption (tax-paid withdrawals):

Small cigarettes,. millions..Large cigars , thousands..Manufactured tobacco and snuff

thous. of lb_.Exports, cigarettes thousands__Prices, wholesale:

Cigarettes, dolls, per 1,000-Cigars dolls, per 1,000..

30,621 i 26,7621,880 I 2,421

'1,299,154

24, 2571,695

9, 525400,511

28, 782207, 380

4. 85146.062

9, 534361, 240

26,733195, 923

6.04249. 247

9,559401,143

31, 303204,493

6.04249.135

42, 4191,614

2,095

_| 1,606403

9,311405,419

31, 693227, 354

6.04248. 685

59,103 47,1802,247 | 4t950

8,351436,832

28,847159,743

31,8424,147

1,015,512

2,145

7,614419,173

28, 000146,081

i. 042 6. 042i.685 i 48.685

383

7,319254,136

24,116216, 297

6.04248. 685

28, 40316,392

8,622298,640

27, 788207,980

5. 29248. 685

25, 796 30, 7257,397 9, 910

1,785389

7,854 i 7,974287,430 290,111

24, 446146, 038

4.96146. 062

27, 456238,126

4.85146.062

38, 7134,285

20, 2512,669

7,973321, 207

28,847131,016

4.85146. 062

12, 823371,373

31,833197, 603

4.85146. 062

18,5231, 502

:,098

399

12.463418, 570

32, 353142, 109

4.85146.062

FUELS AND BYPRODUCTS

COALAnthracite:

Exports. .thous. of long tons..Prices:

Retail, composite, chestnutdolls, per short ton..

Wholesale, composite, chestnut #dolls, per short ton..

Production thous. of short tons..Shipments thous. of short tons..Stocks, in storage thous. of short tons..Stocks, in yards of dealers, end of month

no. of days' supply. _Bituminous:

Consumption:Coke plants thous. of short tons..Electric power plants t

thous. of short tons..Railroads thous. of short tons..Vessels, bunker thous. of long tons..

Exports .thous. of long tons—Price, retail composite, 38 cities

dolls, per short ton..Prices, wholesale:

Composite, mine run.dolls. per short ton_.Prepared sizes (composite)

dolls, per short ton..Production thous. of short tons..Stocks, consumers, end of month

thous. of short tons—

12.26

9. 5263,6773,212

736

4,164

118983

7.64

3.584

3.54829, 482

COKE

Exports.. thous. of long tons.. 62Price, furnace, Connellsville

dolls, per short ton.. 2. 50Production:

Beehive thous. of short tons.. 68Byproduct thous. of short tons.. 2,79Petroleum.. thous. of short tons.

Stocks, end of month:Byproduct plants. thous. of short tons—Petroleum, refinery thous. of short tons

PETROLEUM AND PRODUCTS

Crude petroleum:Consumption (run to stills) _. .thous. of bbl—Imports thous. of bbl_. 3,411Price, Kansas-Oklahoma dolls, per bbl . . . 460Production -thous. of bblRefinery operations pet. of capacityStocks, end of month:

California:Heavy crude and fuel oil.-thous. of bbl . .Light crude. thous. of bbl__

East of California, total thous. of bbl—Refineries . . . thous. of bblTank farms and pipe lines.thous. of bbl

Wells completed. numberMexico:

Exports thous. of bbl . .Production . . . thous. of bbl— 2,935

Venezuela:Exports _. . .thous. of bbl— 9,636Production thous. of bbl— 10,052

Refined products:Gas and fuel oils:

Consumption:Electric power plantsf thous. of bblRailroads thous. of bbl—Vessels, bunker thous. of bbl— 2,817

Price, fuel oil, Oklahoma, 24-26 refineriesdolls, per bbl . . .415

• Price converted to short-ton basis.• Revised.• As of Aug. 1./ As of Dec. 1.

100

13.16

10. 3413,0212,778

« 2,083

2,257

2,3303,976

104

708

7.50

3.6283.569

17,857

61

2.12

381,523

153

3,9751,544

71,4551,525

66,31065

94,25640,405

312,13044, 641

267,4891, 279

1,4822,506

8,3949,551

7072,8553,248

.400

82

13.28

10. 5413.4653,0502,250

2,190

2,5174,057

109

858

7.52

3.6173.554

22,489

87

2.08

411,474

150

4,2211,515

67,2711,862.860

66, 22061

94,89540,149

309,01143, 287

265,7241,145

1,5772,463

8,1249,430

7552,7033,066

.415

112

13.52

10. 7744,1083,6642,263

60

2,303

2,5584,375

100

833

7.54

3.596

3.56826, 31427, 504

2.08

461,544

150

4,2231,484

63,9131,893.860

65,03660

95,04840, 367

307, 52340, 507

267, 016913

1,4032,514

8,0878,803

7802,8983,350

.425

112 j

113.58

10. 9095,2344,7582,261

42

2,618

2,6105,096

981,012

7.60

3.613

3.64332, 677

30, 038

63

2.05

681,739

155

4,0281,434

66, 6982,455.860

65, 21961

95,45739,996

305, 70939,329

266,380825

1,7762,570

7,7949,171

7313,3452,916

.470

92

13.60

10.9324,2713,8812,164

2,658

2,4804,769

93948

7.59

3.597

3.65730, 632

51

1.91

811,752

147

3,8571,393

65, 5041,963.860

63,38461

95, 32240, 264

301,33147,568

253, 763855

1,5952,641

8,3778,767

6253,0192,763

.563

13.65

10.9215,0894, 5121,732

34

2,729

2,6785,080

83

453

7.51

3.5823.642

31,110

1,786150

3,5151,330

65,9982,746.745

58, 04460

95,93339,340

293,27847, 902

245, 376793

1,3722,961

9,1049,309

7033,0772,751

.556

67

13.61

12. 2283,8073,3261,236

46

2, 70S

2,4924,682

59337

7.46

3.566

3.61427, 060

29,046

21

1.88

821, 785

95

3,3081,236

66,0932,831.530

63, 99860

95,76539, 297

290,40447,100

243, 304639

1,5092,890

9,5829,699

6492,8822,702

.475

80

13.53

12. 2284,2753,782

792

2,502

2,2944,492

63311

"7.45

3.555

3.59827,134

22

1.81

841,639

107

2,8311,172

61,0422,369.380

61, 02963

95, 59039,968

289, 34246, 797

242, 545485

1,2902,547

8,6618,834

5802,6992,779

.425

60

13.48

10. 8744,5193,866

511

32

2,554

2,3054,481

58287

7.43

3.549

3.58123, 685

23, 608

23

1.75

931,666

147

2,7031,149

67,9843,803.380

75, 30263

94, 55439,909

295,34948,889

246,460486

1,3982,825

10,0769,945

6742,7852,813

.363

38

13.00

10. 0952,8912,461

457

2,469

« 2, 0744,248

65435

a J 07

3.503

3.41619,523

14

1.75

471,656

138

2,8471,149

68,8222,910.380

a 65, 31367

95, 34939,516

289,93348,997

240, 936472

1,9403,008

9,3409,058

° 6522,8092,826

.331

31

« 12. 25

a 9. 6162,9672, 508

,35

2, 854

« 2,1954,354

103722

« 7.17

3,497

3. 41622, 488

46

1.75

471,921

145

2,9751,176

74, 3402,206.276

a 84, 74769

95, 32238, 722

297,16650, 839

246, 327444

1,8672,886

9,6249,133

« 7242,9482, 726

.325

83

12.00

9. 3413,9283, 512

533

3,329

2,4794, 357

106806

7.18

3.500

3.40025,320

56

1.84

502,241

154

2,9171,185

74, 6192,143

.31582,841

72

95, 36737, 537

303, 26050, 220

253,040372

2,805

8,2229,262

7662, 9263,179

. 356

t For revised data for year 1932, see p. 42 of the May 1933 issue.§ Data for 1932 revised For revisions for full year of 1932 see p . 42 of the June 1933 issue.

Page 45: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 43

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April M a y June

FUELS AND BYPRODUCTS—Continued

P E T R O L E U M AND PRODUCTS—Con.

Refined products—ContinuedGas and fuel oil—Continued

Production:Residual fuel oil* thous. of bbl-.Gas oil and distillate fuels*

thous. of bbL.Stocks:

Residual fuel oil, east of California*thous. of bbl_.

Gas oil and distillate fuels, total*thous. of bbl—j

Gasoline:Consumption thous. of bbl__Exports—. . . . . t h o u s . of b b L .Exports, value. (See Foreign Trade.)Price, wholesale:

Drums, delivered, N .Y dolls, per gal—Refinery, Oklahoma dolls, per gal—

Price, retail, service station, 50 citiesdolls, per gal . .

Production: IAt natural gas plants thous. of b b l . .At refineries thous. of bbl_.

Retail distribution (41 States) tmills, of gal . .

Stocks, end of month:At natural gas plants thous. of bbl—At refineries thous. of bbl—

Kerosene:Consumption thous. of bbl—Exports thous. of bbl—Price, 150° water white, refinery, Pa.

dolls, per gal—Production__ thous. of bbl—Stocks, end of month thous. of bbl—

Lubricating oil:Consumption. thous. of b b l . .Price, cylinder oil, refinery, Pa.

dolls, per gal—jProduction thous. of b b l . .Stocks, refinery, end of month

thous. of bbl—Other products:

Asphalt:Impor t s , . thous. of short tons . .Production thous. of short tons . .Stocks, refinery, end of month

thous. of short tons . .Coke. (See Coke.)Wax:

Production thous. of lb._Stocks, refinery, end of month

thous. of lb_.

3,029

.165

.048

846

.044

19, 526

5,191

15,408

31,3172,200

17, 793

5,519

26,353 26,829

16, 971

35, 2072, 260

.135

.051

.140

2,81233, 705

963

75738, 959

1,854858

.050 !3,629 i6,033 I

1,011

.180 I1,958 I

1234

386 i

.139

.050

.137

2,81932,883

1,057

61636, 700

2,279

.0493,4976,247

951

.1771,587

7,991 I 7,

1232

298

31,640 38,920

| 202, 023 | 206,461

17,403

5,665

26, 000

17, 905

33,6452,569

.150

.046

.125 j

2, 79330,908

997

58632,806

2,5811,081

.0483,4496,018

932

.1591,648

8,182

1239

292

36, 680

200, 581

17,113

6,382

23, 494

18, 495

32, 2552,213

.144

.047

.130

2,92433, 212

975

57632, 207

3,115944

.0483,4635,465

1,143

.1081,713

8,289

18, 068

5,582

21,874

16, 775

30, 2942,356

.153

.046

.130

2,85532, 072

858

47832, 720

3,621970

.0483,8014,672

1,115

.1311,644

8,245

1229

248

31,360

188,637

1177

33,320

180,441

18,491

5,980

19,928

14,110

27,1911,830

.151

.037

.125

2,88831, 254

801

44935,404

3,149630

.0484,0974,974

1,042

.1331, 625

8,375

1141

276

35, 000

163, 628

18, 578

6,885

18,911

12, 683

26, 4422,251

.135

.028

.116

2,87630, 508

768

53937, 691

3, 656872

.0494, 3634,794

859

.1331,827

8,796

3102

272

160, 240

17,156

6,451

18, 069

11, 549

23,3121,729

.135

.026

.115

2,54327, 676

65135, 652

3,274615

.0483,6914,574

1,101

.1191,621

8,812

095

294

28, 000

147,849

19,246

6,845

17, 714

11, 557

28, 2271,829

.135

.026

.116

2,77131,577

810

75236,882

2,975629

.0483 8774^827

1,143

.1131,794

8,712

3124

304

36,400

136, 785

19, 145 j 20, 010

5,751 | 6,108

17, 230

11, 390

30,1763,024

. 143

.023

.116

2,67431,921

81435, 881

2, 925691

.0474, 0465,230

1,390

.1161,871

8,330

0152

306

37, 800

124, 927

17,763

12, 890

33,9991,955

.145

.026

.108

2,77634,611

966

92633,757

3,005598

.0454,1465,761

1,624

.1342,114

8,167

2

229 I

298

40, 600

124, 770

20, 556

6,271

17,374

14,980

37, 7102,154

.149

.037

.131

2,66935, 428

87330, 582

3,115349

.0444,1266,404

1,646

.1491,846

7,734

1247

288

38, 640

112,614

LEATHER AND PRODUCTS

HIDES AND SKINS j ji

Imports, total hides and skins§.. thous. of lb._ 50,103 10,174 8,617 8,545 16,700 21,777 18,046Calf and kip skins thous. of lb._ 6,500 2,867 2,691 3,337 2,829 3,099 2,350Cattle hides. . thous. of lb._ 24,836 1,007! 1,238 985 6,871 6,636 4,776Goatskins thous. of lb._ 8,579 3,432! 2,009 2,106 4,183 3,677 5,303Sheep and lamb skins.- . . thous . of lb._ 7,756 1,760 ! 1,625 1,011 1,464 5,585 3,653

Livestock, inspected slaughter: iCalves thous. of animals..i 401 324 1 362 366 389 376 327Cattle _ thous. of animals. . | 752 614 j 633 718 694 627 567Hogs thous. of animals. .! 3,914 2,802 { 1,579 3,252 3,605 3,778 4,584Sheep thous. of animals..J 1,399 1,384 2,970 1,667 1,601 1,388 1,264

Prices, wholesale: !Packers, heavy native steers, Chicago I !

dolls, per lb— .137 .049 i .066 .081 .073 .065 .055Calfskins, No. 1 country, Chicago I ! I

dolls, per l b - | .174 .049 I .063 .076 .082 .068 .061LEATHER j

Exports: I |Soleleather thous. o f l b . . 175 160 155 137 130 222 137Upper leather§ thous. of sq. f t . . 6,464 4,522 I 4,715 6,162 j 5,807 5,748 5,276

Production: iCalfandkip* thous. of skins 1,129 1,232 1,180 1,126 946 894Cattlehides* _ thous. of hides 1,030 1,082 1,272 1,325 1,330 1,311Goatandkid* thous. of skins 2,724 3,379 2,571 2,651 2,835 3,205Sheep and lamb* thous. of skins 1,560 2,170 2,907 4,002 3,212 1,797

Prices, wholesale:Sole, oak, scoured backs (Boston) I

dolls, per lb. . .37 .27 .27 .28 .29 .28 .26Upper, composite, chrome, calf, black,

" B " grade dolls, per sq. ft— .330 .238 .243 .250 .252 .250 .242

LEATHER M A N U F A C T U R E S

Gloves and mittens:Production (cut), total dozen pairs _ 99,806 156,121 223,879 294,668 269,609 181,693

Dress and street— dozen pairs 50,965 77,989 104,471 132,222 128,020 70,608Work dozen pairs 48,841 78,132 119,408 162,446 | 141,589 111,085a Revised.* New series. For earlier data see p . 20 of the February 1933 issue (gas and fuel oil) and p. 19 of the June 1933 issue (leather).t For revised figures for year 1932 see p . 43 of the May 1933 issue.§ Data revised for 1932. For revisions for full year 1932, see p. 43 of the June 1933 issue.

14, 7282,5913,2884,7952,127

345612

4,7001,332

.054

.066

1344,484

8391,2763,4311,897

.25

.235

142,47653,15289,324

12,9161,9872,5454,2662,688

317569

3,6471,250

.048

.061

865,071

8711,2333,3202,163

.23

.233

152,37872,10680, 272

14, 2561,8163,1275,4542,090

398617

3,6021,413

.052

.066

1626,005

9201,3033,4512,123

.23

.236

166, 37583,18883,187

17, 5163, 4454,4636,2221,150

426616

3,8471,409

.076

1684,541

8221, 1752,7701,847

.23

.241

29, 2924,60610,4323,7595,909

476717

4, 2861,505

.098

.121

1235,192

1,0511,4063,120

* 3,305

.29

.281

190, 893 251,036101,987 121,49488,906 89,382

38, 9966,35314,8877,1847,412

441751

4, 6261,490

.122

.153

884,876

1,3841,4893,9253,997

.34

.314

297, 697150,455147, 242

Page 46: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

44 SURVEY OF CURRENT BUSINESS September 1933

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

IJuly August Septem-

ber October Novein-! Decem-ber I ber

1933

January Febru-ary March April May June

LEATHER AND PRODUCTS—Continued

LEATHER MANUFACTURES-Contd.

Shoes:Exports thous.Prices, wholesale:

Men's black calf blucher,Boston -dolls.

Men's black calf oxford, lace,St. Louis dolls.

Women's colored calf, Goodyearford, average dolls.

Production, total thous.Men's -- thous.Boys' and youths' thous,Women's thousMisses' and children's thousSlippers, all types thous,All other footwear thous

of pairs..

per pair..per pair.,welt, ox-per pair.., of pairs.., of pairs... of pairs.. of pairs.. of pairs .. of pairs-. of pairs.

5.15

4.08

3.45' 33,520

42

5.75

3.85

3.3520,4425,1351,1817,8252,1732,2201,907

5.75

3.85

3.3530, 7856,8221,613

13, 6702,5983,4262, 656

58

5.75

3.85

3.3533,8857,8861,84613,6443,0234,6882,798

67

5.75

3.85

3.3533, 0708,0441,99711,2133,0205,9292,867

74

5.50

3.85

3.3525,149

6,9171,8105,4702,2846,4052,263

70

5.50

3.85

3.3020, 0965,3971,5135,9381,9763, 2552,017

35

5.50

3.85

3.2522,7175,7631,4429,2832,4821,3682,378

41

5.50

3.85

3.2526,384

6, 0921,448

11,3602,8791,8522,752

71

5.50

3.85

3.2528, 5766,8371,532

11, 6083,0812,3993,119

5.50

3.85

5.50

3.85

3.2527, 630

6,2171,607

10, 7262,9852,5833,512

3.27« 32, 965

8,3621,683

a 11,9503,2483, 5254,197

63

5.50

3.85

3.35• 34,630

9. 0291,93212.0293, 2264, 3044.110

LUMBER AND MANUFACTURES

LUMBERExports, all types* M ft.b.m--Retail movement:

Retail yards, Ninth Fed. Res. Dist.:Sales - Mft.b.m..Stocks, end of month.. M ft.b.m..

Retail yards, Tenth Fed. Res. Dist.:Sales M ft.b.m. .Stocks," end'of month M ft.b.m. _

Flooring1

Maple, beech, and birch: jOrders: , , „. . '

New - M ft.b.m-JUnfilled,"end" of month M ft.b.m._[

Production... —M Jt.b.m..Shipments - —- -M ft.b.m..Stocks, end of month M ft.b.m..

Oak:jsjew M ft.b.m..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..

Hardwoods

Hardwoods (Southern and Appalachian dis-tricts):

Total:Orders: .,, , ,

Xew mill.ft.b.m..Unfifled,"end of month. mill.ft.b.m..

Production mill.ft.b.mShipments.... .mill.ft.b.mStocks, total, end of month....null.ft.b.m._

Unsold stocks ...mill.ft.b.mGum:

Orders, unfilled, end of monthmill.ft.b.m

Stocks, total, end of month...mill.ft.b.m_.Unsold stocks mill.ft.b.m..

Oak:Orders, unfilled, end of month

mill.ft.b.mStocks, total, end of month...mill.ft.b.m..

Unsold stocks - mill.ft.b.m..Northern hardwoods:

Production.. M ft.b.m..Shipments - M ft.b.m..

Soft woodsFir, Douglas:

Exports: §Lumber M ft.b.m..Timber M ft.b.m

Orders: , ,Newi - M ft.b.m..Unfilled", "end of month _.M ft.b.m

Prices, wholesale:No. 1 common dolls, per M ft.b.m..Flooring, 1 x 4, " B " and better

dolls, per M ft.b.m_.Production^ M ft.b.mShipments^ M ft.b.m

Hemlock, northern:Production M ft.b.mShipments M ft.b.m..

Pine, northern:Orders, new M ft.b.mProduction - M ft.b.m..Shipments - —M tf.b.m

95, 235

6, 57162,442

2,32629, 034

3,4854,9943, 7614,326

14,228

9,44513, 92417, 69313, 67642, 807

32,96823,308

154,439218,900

16. 20

30.81196. 070184, 879

13,59915, 33514,733

63,917

5,86765,402

1,92231, 460

2,1173, 9461,2642,264

22, 216

7,1206,6836,9777,699

51,143

83227

7186

2, 5502,323

61 !532 !

471

683631

1. 6836,732

19, 2218,546

106, 54057,747

9.37

20.6479, 68195, 797

38S5,412

5, 0462,2345,826

55,163

6,70363, 216

2,31930, 247

2,8934,0221,0672,816

20, 212

16, 50812, 59911,00811,62653,067

114265

59102

2,4982, 234

73538466

766615S5

1,5387,138

18, 27618,172

116,83681,024

20.0289,977

105, 645

1,3025, 507

7,6053,8096,657

65, 267

6,48460,992

2,42929, 294

3,1795,1021,5452,40219,145

13, 50613,35911, 08711,73953, 729

15427568135

2,4172,141

75523448

76634559

93311,536

21,03514,453

153, 543119,074

20.6096,244111,464

9767,097

6,8242,6286,482

79, 639

6,73058,329

2,41128,683

1,9204,7931,7182,03119, 025

10,37114,25910,57410,65750, 418

11325668128

2,3232,066

65481416

624554

52610,968

24,80923, 647

112,36076,100

21.22113,255128,923

2,4337,061

8, 7923. 3369,783

62, 637

4,80855,911

1,78528,324

1,3903,9681,6241,90219,119

4,24112,9458,1365,91853.138

10124668105

2, 2602,015

65460395

61608547

1,0638,729

19,08522,178

94,90181,920

20.8094, 454105, 645

1,5984,314

6,1391,2966,298

68, 322

1,91654, 295

1,28128,105

1,5884,2691,7361,590

19,413

3,23811,7665,9264,327

54, 752

2524975

2,2171,965

65451386

53600547

1,3966,523

23, 32624, 588

106,09385, 053

8.97

20.6881,92082, 815

1,4581,843

4, 6430

5,403

70, 582

1,68554, 292

1,61527, 371

1,1553,4321,3591,496

19, 261

4,16411,5565,5014,433

55, 200

79238

6086

2,1661,928

52440

71614543

4,5199,351

25, 72017, 720

105, 645120,865

8.58

20.6193, 55896, 244

49, 626

1,23754,949

1,53027, 214

1,0833,206

7841,318

18, 712

14,6365,7846,074

55,171

90230

6086

2,1181,888

51425374

73594521

6,6478,892

15,37917,865

97,140109,674

9.50

21.5897, 587

104, 302

2, 088 2,3052,868 I 3,109

4.2.8 |

4,126

4,9540

4,379

67, 719

1,95256, 253

1,66227, 031

1,5013,420

7361,246

18,483

7,61615, 0954,9597,573

52,130

98226

6498

2,0581,832

52411358

584517

24,87834, 425

141, 457107,883

10.67

21.30105, 645119,970

75,185

3,67857, 227

2,02628,029

2,4523,8991,0782,097

17, 238

9,65415,5687,5539,479

50,190

146247

71120

1,9821,735

59392332

563494

5,0500

4,966

31,77128,132

134,294120, 417

11.02

21.34115,046140,114

9,3521, 246

89, 304

5,43058,122

2,50628,059

3,9425,1411,6502,715

16,129

22, 64522,41812,46414,54948, 073

(00)0)0)0)(0

0)0)0)

0)0)(0

35, 79524,478

229,196195,175

11.34

22.42137,428149, 962

13,0117,035

94,525

7,51560,199

2, 53428,365

o, 1955, 5352, 8324,384

14, 590

13,49917, 58115, CS817,72337,176

233264135229

1,8261, 5C2

G83562S8

85538453

39, 4471 5 , 6 8 1

2 4 7 , 5 4 9203, 680

13.36

24. 59175,030197,860

8,317 I 11,984

14,54814,94215,009

1 Data for July, October, December 1932 and March 1933 are for 5 weeks; other months, 4 weeks.* New series. See p. 20 of November 1932 issue for earlier data.° Revised.5 Data revised for 1932. For revisions for full year 1932 se3 p. 44 of the June 1933 issue.p Preliminary.1 Data not computed for May 1933.

Page 47: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 45

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932 1933

July August SePtp

erm- October I Novem- Decem-

ber ber January Febru-ary March April ! May

LUMBER AND MANUFACTURES—Continued

LUMBER-ContinuedSoftwoods—Continued

Pine, southern:Exports:

Lumber § M ft.b.m_.Timber § . _M ft.b.m..

Orders:New _ - . _-M ft.b.m..Unfilled, end of month M ft.b.m_.

Price, flooring dolls, per M ft.b.m_.Production - _M ft.b.m..Shipments _ . .M ft.b.m..

Redwood, California:Orders:

New M ft.b.m..Unfilled M ft.b.m..

Production M ft.b.m..Shipments . .M ft.b.m..

FURNITUREHousehold:

All districts:Plant operations* percent of normal..

Grand Rapids district:Orders:

Canceled percent of new orders..New no. of days' production-Unfilled, end of

month no. of days' production.Outstanding accounts, end of

month. no. of days' sales.Plant operations! percent of normal-Shipments __no. of days' production.

Southeastern district:Orders, unfilled, end of

month dolls., average per firm.Shipments dolls., average per firm-

Prices, wholesale:Beds 1926=100.Dining-room chairs, set of 6 1926=100.Kitchen cabinets 1926=100.Living-room davenports. 1926=100..

Steel furniture. (See Iron and Steel Section.)

29, 5329,015

120, 35281,03128.57

125,935131, 046

30, 64637, 7069,49731, 843

52.0

3.015

17

2134.010

66.189.574.176.7

23,9856,173

90, 71545, 72418.35

83, 23994,038

10,79119,3348,0579,470

24.0

4.011

10

2114.0

7

20,85020,684

64.489.591.469.8

19, 2243,695

149,14979,84717.05

91,241125,056

13,99019,94311,02312,862

26.0

6.510

10

2122.0

9

23, 79936,325

64.489.578.469.8

21,4605,621

134,01881, 64517.86

80,181127, 280

15, 86623, 24710, 82911,921

39.0

7.514

11

2731.012

26, 78840, 252

64.489.591.469.8

24,781 ! 20,109 I6,902 i 2, 278 j

144,31674,958

17.75113,467154, 329

15,41522, 79811,10115, 636

9.011

2734.0

12

22, 40743,665

64.489.591.4

90, 58950,18418.33

99,470107,000

12, 70821,88612, 25313,451

43.0

13.0

2533.0

11, 04232, 549

63.989.591.4

24, 4546,787

67, 52944, 01417.37

75,16173,690

13,63024, 46012, 60310,989

39.0

18.05

2533.0

6

9,29016, 277

63.989.591.469.8

20, 8765,254

95, 68557, 37717.80

85,49484,271

12,15118,82414,31913, 581

33.0

7.0

2422.5

20,44825,975

62.189.587.573.6

18, 2325,024

75,57555,41917.06

77, 79881,071

11,97318,30214,60312, 269

27.0

7.06

5

2019.0

7

15,28633,660

62.189.587.573.6

17,3007,684

113,04463,83817.44

87,401100,714

13,74417,49312,14714,207

18.0

13.06

5

1910.0

5

14,29830,388

62.189.574.173.6

21,4274,831

112,85467,41417.55

88,725110,019

17,96519,1139,80415,713

27.0

7.0

7

5

1914.0

6

17.25935,962

62.189.574.173.6

24,979 I7, 582 I

179,84392,04918. 56

115, 783154,498

29, 83430,1177,490

18, 249

37.0

8.0 i8 I

1824.0

6

21,1S84, 560

158,83388, 25522. 70

120,613159,210

62.189.574.173.6

37, 57239. 3097, 013

27,838

42.0

3.511

1825.0

6

63.689.574.176.7

METALS AND MANUFACTURESIRON AND STEEL

Foreign trade, iron and steel:Exports § long tons..Imports * long tons..

Price, iron and steelcomposite .dolls, per long ton._

Sales, iron, steel, and heavy hardwareJanuary 1921 = 100. _

OreIron ore:

Consumption by furnacesthous. of long tons..

Imports thous. of long tons..Receipts:

Lake Erie ports and fur-naces thous. of long tons..

Other ports thous, of long tons..Shipments from mines.-thous. of long tons..Stocks, 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..

Iron, Crude, and SemimanufacturesCastings, gray-iron:

Orders:New._ av. tons per foundry..Unfilled, end of month

av. tons per foundry..Production. av. tons per foundry..Receipts (materials)_.av. tons per foundry..Stocks (materials) av. tons per foundry..

Castings, malleable: *Orders, new short tons..Production.. short tons..

Percent of capacityShipments short tons..

Pig iron:Furnaces in blast, end of month:

Capacity long tons per day_.Number

Prices, wholesale:Basic (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..

2,62681

2,483515

3, 431

27 77222, 980

4, 792

162

. 103141206359

28, 40330, S45

36.329,135

59, 930106

15.5016.70

17.891, 792

52, 55818,496

29.48

72

64517

47078

640

32,05926, 7615,298

445972

242

8,6589,447

11.111, 359

17, 52546

13.5014.85

16.39572

32,95523,623

29.33

80

60725

61988722

32,16426,8965,268

3

36,03829, 241

29.32

81

69719

549172641

32, 32427,0835,241

0

41, 22633, 706

29.32

73516

614 '220 !927 j

32, 45727,2345,223

56,02334,924

29.12

76

40

29957

250

32,08426,893

5,191

54,13929,390

28.93

65

6308

000

31,49026,328

5,162

0

61

516583217

7,7766,8048.0

8,631

16, 22542

13.5014.81

16.39531

71

587896231

10, 58210,05111.6

9,746

19, 20547

13. 5014.74

16.39593

69

5278103237

12,85012, 27414.5

11,615

20,17049

13.5014.73

16.39645

56

497496232

14, 30413, 62216.0

12. 745

20,86051

13.5014.71

16.39631

50

416664221

14,50414,12816.2

14, 366

15,81042

13.5014.69

16.39546

56, 72021,892

28.69

57

000

30,81225, 6805,132

0 !

61

496267

210

12, 64512, 638

14.914,315

18,82045

13.5014.68

16. 39569

63,93619, 748

28.31

55

6347

oo

o

30,15225,0475,105

0

64

496990236

11,27313,78016.2

14,215

18, 91045

13.5014.68

16.39554

80,56722,114

28.35

54

59345

000

29, 55724, 4865,071

2

59

476586246

12, 5089,95911.4

11,077

15, 58038

13.5014.68

16.39542

100,39528,061

28.16

59

77215

2883

28,84823,8794,969

123,16926, 295

102, 58134, 368

28. 45 ! 23. 73

80 i 95

1,26021

28,31423.407 !

4,907 !

3 I

75 I

5168

103236

18,44918,566

21.817, 261

108

6599

145254

13.5014.75

16. 39624

14. 2015. 45 ;

10.59 :8S7

1.39439

SS7313

1,281

27,47922,690

4, 789

143

S3122169303

24,671 ! 31,99724,628 ; 31, 118

29 0 j 35.823,077 i 29,268

22,805 33, 160 51,67548 03 i 90

15.0016.02

17. 391. 205

• New series. For earlier data see p. 20 of November 1932 issue (iron and steel imports) and p. 20 of the April 1933 issue (castings),published.

# Imports from Cuba not included.t Revised. Earlier data not published.§ Data revised for 1932. For revisions for full year 1932 see p. 45 of the June 1933 issue.

Furniture activity, all districts, not

Page 48: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

46 SURVEY OF CURRENT BUSINESS September 1933

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

Julv

1932

July 1 August Septem- October Novem-ber

Decem-ber

1933

January Febru-ary March April May June

METALS AND MANUFACTURES—Continued

IRON AND STEEL—ContinuedIron, Manufactured Products

Cast iron boilers and radiators:Boilers, gas-fired:

Production , thous. of B.t.u_.Shipments, quantity thous. of B.t.u.-Shipmerjts. value . dollars..Stocks, end of month thous. of B.t.u..

Boilers, range:Orders:

New number of boilers..Unfilled, end of month, total

number of boilers..Delivery, 30 days or less

number of boilers..Delivery, more than 30 days

number of boilers.Production number of boilers..Shipments number of boilers..Stocks, end of month..number of boilers..

Boilers, round:Production thous. of lb_.Shipments thous. of lb_.Stocks, end of month thous. of lb_.

Boilers, square:Production thous. of lb_.Shipments. thous. of lb_.Stocks, end of month thous. of lb_.

Boiler fittings, cast iron:Production ..short tons..Shipments _.short tons..

Boiler fittings, malleable:Production,.. _ short tons..Shipments short tons..

Radiators:Production.thous. of sq. ft. heating surface..Shipments.-thous. of sq. ft. heating surface..Stocks, end of month

thous. of sq. ft. heating surface..Radiators, convection type:

New orders:Heating elements only, without cabinets or

grilles.thous. of sq. ft. heating surface#_.Heating elements, including cabinets and

grilles.thous. of sq. ft. heating surfaced.

Sanitary WareBathroom accessories: •

Production number of pieces..Shipments ____..number of pieces..Stocks, end of month number of pieces..

Plumbing brass. (See Nonferrous metals.)Plumbing and heating equipment, wholesale

price (8 pieces)* dollars.Porcelain enameled flatware:

Orders, new, total dollars..Signs dollars..Table tops dollars-

Shipments, total dollars..Signs dollars..Table tops _ dollars.

Porcelain plumbing fixtures:Orders:

New, net number of pieces.Unfilled, end of month..number of pieces-

Shipments . number of pieces-Stocks, end of month number of pieces.

Vitreous china plumbing fixtures:Orders:

New, net number of pieces-Unfilled, end of month,.number of pieces.

Shipments ..number of pieces-Stocks, end of month number of pieces-

Woodwork, plumbers':Orders:

New, net _ number of pieces-Unfilled, end of month..number of pieces.

Shipments _ number of pieces-Stocks, end of month number of pieces.

Steel: Crude and SemimanufacturedBars, steel, cold finished, shipments .short tons!Castings, steel:

Orders, new, total short tons .Railroad specialties . . . sho r t tons .Percent of capacity

Production, total short tons .Railroad specialties short tons .Percent of capacity

Ingots, steel: fProduct ion— thous. of long tons .

Percent of capacityPrices, wholesale:

Composite, finished steel dolls, per l b .Steel billets, Bessemer (Pit tsburgh)

dolls, per long t o n . .

43, 547

24,734

21, 280

3, 45447, 34843,76127, 447

4,4176,072

4,1074,499

55

173

203. 68

3,2454,5372,933

10,635

28,5717,553

1927,4216,295

19

3,20459

.0217

26. 00

37, 73249, 40647, 751

613, 533

26, 555

5, 304

3,260

2.04432,12430, 47526, 746

1,3,35,

680240794

9,142

9,126

276826

1, 4552,029

1.2741,503

1,3883,392

35,935

85

196

30,78531, 673

660,518

192, 96

349, 496148,08952,011

406,066193,27954, 218

2,0793,2401,878

15,036

80,890109,92392,751

520,194

77, 24780,11278,423

140, 272

13,431

9,3011,968

611, 4602,609

80715

.0217

26.00

58, 78676,26579,831

591, 220

30, 750

6, 585

4,952

1,63328, 79629, 46926,073

2, 2253,891

34, 273

9,73413,653

123,174

1,6552,665

1,2291,537

1,9754,340

33,688

156

165

28, 66442, 555

646, 627

192. 31

366, 279131,64475,650

422,290175,715

83, 075

3,2173,4552,99114,479

98,156109, 29798, 782

512, 697

95, 23270, 669

104, 675135,110

7,229

10,1471,531

12, 3312,465

15

.0217

26.00

100, 73291,46581, 844

555, 483

39, 326

6,900

5, 290

1, 61037, 29739,01124, 359

3,6486,22531,963

13,79319,113

118, 280

2,4263,461

1,7432,215

2, 7515,331

87,77194,74897,193

531, 238

83,73158, 68052, 446563,333

126

211

35,13645,811644,438

192. 57

412,119123,86194,831453,808159,400101, 582

3,6283,9803,02113, 560

77,42491, 73894,983504,039

141, 73677,443

134, 962118, 921

9,572

11,8823,337

811,3342,520

99218

.0216

i 26.00

51, 073

8, 320

6, 917

1,40348. 91249. 65323, 618

6,220 i8,896

29,617 II

16,82425,845

109,730

3,187 I3,954 i

2,128 !2,027 I

4,4727,630

31,270 28,363

87

180

34,18249, 410621,195

193. 28

460, 683157, 678123, 484461,617146,812121, 222

2,7883,7472,90014,580

86, 72187,60191, 061486,470

94, 22678, 67094,392117, 633

12, 209

11,8962,998

812, 5312,617

1,08719

.0216

26.00

9, 207 64,98942,911 42,66241,382 j 38,243

521,374 j 528,238

35, 551

6,333 I

4,591 |

1, 742 I36,923 !37.538 j23,003 1

I3, 639 !4,704 I28,734 |

11,003 I13.335

107,572 I

2,787 I3,019 j

1,804 I1,701 I

4,299 |4,816 i

27, 564

8,073

5,639

2, 43429,37527, 58226,195

1.8233,552

26, 863

4,918 |10,434 j

101,448 j

1.717J2,165 I

1, 0251,115

3,2363, 474

35, 774j

6,016 jI

3,586

2,43039,99137. 83128, 355

2,0352,102 (

24,517

6,1446,410£9,032

1,4012. 319

9951,375

2,5472,001

27,967 1 27.838 j 28,250

48 |

155 |

!

25,13836, 360

613, 227

192. 43

385,718172,93377, 681404,273172,46783, 551

2,5473,4052,79913,053

65, 42683,82666, 437

496,039

71,41378,15771,926

115, 330

11, 934

13, 2352,918

913,7123,672

1,03218

.0215

26.00

54 j

142;

24,09523, 623

612, 702

192. 63

362, 371216, 931

46, 475389, 683232, 611

55, 899

1,7083,1241,833

13,838

56, 68785, 48057, 594

518, 245

55,36660,96772, 330

111, 847

12, 759

13, 2832,680

913,8862,721

10

86115

.0214

26.00

48,45442,16926, 543

559,851

29, 801

6,247

4,146

2,10127. 04229, 57025, 827

2 2792,133

24,736

7, 6025, 567

100, 585

1, 5142,161

1, 0881,433

2,9921,634

29,646

33

86 I

20, 83729,00425, 979

554,391

36, 338

4,967

3,289

24,03327,088

608, 851

186. 40

236, 23487,15848,685249,817101,14848, 202

1,6432,8881,44213,343

80, 28379,90389, 395506,126

71, 30372,68460,400

112, 416

13, 253

12,9423,088

913,9512,753

10

1,03018

.0212

26.00

20,11933, 562593,720

182. 80

278, 361102, 21959, 574271,694113,58250, 424

1,4042,8841,39911,811

77, 53176,80280, 632472,472

70, 73772, 65770, 764

112, 457

14,196

11,8572,489

812,4382,259

9

1,08721

.0210

26.00

44,681 I22,91820,025 I

583,037 !I

70, 26588,44453,934

549, 059

39,024 J

8, 872 |i

7,397 i

92, 265

35, 074

34, 335

44,30806, 75749,170

518, 384

1 54, 481

24, 948

1 21, 863

1,38,37,25,

1,1,

24,

678251618843

811772235

6,2114,860

100, 409

1,2,

1,1,

2,1,

30,

14,29,

592228

100302

231542

417

35

60

315698

420,318

182. 00

344,763144, 61575,177

324,114126,67172, 983

2,1042,9911,936

11,490

1189996

443

777179

697332167858

781170268

113,953

8 726

11, 4582,784

813, 2093,285

9

.

2

91016

3210

5.00

1,47534,86635,11925, 590

2,3931, 792

24, 927

9,6134,465

105,457

1,5772,322

1, 2841, 586

3,0021,605

31,992

35

123

1,639 I63, 72465,10324,151

3, 2422, 40326,063

12, 140r.,412

111,099

2 c-191, 191

2, 140

3, 7542,133

33, 512

GS

241

182. 03

475,156195,358121,182388,115148,793104, 820

1,6982,7761,88511,339

245, 024198, 787145, 569391, 369

97,85177, 59288,467

106, 715

16, 624

14, 5074,692

1012,0712,806

8

1,36325

.0206

26.00

183. 93

493, 892217,81391,861504,576216,901106, 946

3,0413, 4302,38111,345

296, 264307,118187, 933340,218

169,543130,715116,420101,774

23, 132

° 20, 7823, 642

14a 19, 072

3, 47013

2,00234

.0208

26.00

67,'

3,

4,20,

13,10,

116,

4,

3.3,

4,3,

•35,

19

653210191556209116

085216507860

870159124

539828938

706464

607765

138346

026

95

160

-.50

402228979300375676

3,2464,3622,19711,184

206318194315

139412845371

32, 774

326

2"4

02682822

?>0016719

2,59846

2

0209

G.00

• Revised.• New series. For earlier data, see p. 20 of the January 1933 issue (price series). Earlier figures on bathroom accessories and convection type radiators not published,t Series revised for 1932. For revision for months, January-April, see p. 46 of the July 1933 issue.• Inequivalent direct radiation.

Page 49: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 47

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem- j Decem-

ber ber

1933

January Febru-ary March April May June

METALS AND MANUFACTURES—Continued

IRON AND STEEk-Continued8tee!: Crude and Semimanufactured—

ContinuedPrices, wholesale—Continued

Structural-steel beams (Pittsburgh)dolls, per lb_.

Steel scrap (Chicago).dolls, per gross ton_.U.S. Steel Corporation:

Earnings, net thous. of dolls..Orders, unfilled, end of month

thous. of long tons.-

Steel: Manufactured ProductsBarrels, steel:

Orders, unfilled, end of month number-Production number-

Percent of capacity .Shipments number.Stocks, end of month number-

Boilers, steel, new orders:Area . _.thous. of sq. ft.Quantity number of boilers.

Furniture, steel:Business group:

Orders:New thous. of dolls-Unfilled, end of month thous. of dolls.

Shipments thous. of dolls.Shelving:

Orders:New thous. of dolls.Unfilled, end of month. ..thous. of dolls.

Shipments -thous. of dolls.Safes:

Orders:New _ thous. of dolls.Unfilled, end of month, __thous. of dolls.

Shipments thous. of dolls.Lock washers, shipments thous. of dolls.Plate, fabricated steel, new orders, total

short tons_Oil storage tanks short tons.

Sheets, black, blue, galvanized, and full fin-ished:

Orders:New . short tons.Unfilled, end of month short tons.

Production, total._ _ ..short tons.Percent of capacity _.

Shipments short tons..Stocks, end of month, total short tons..

Unsold stocks .short tons.Structural steel, fabricated:

Orders, new short tons.Percent of capacity

Shipments.. short tons..Percent of capacity

Tin and terne plate: *Production. _. thous. of long tons..

Track work, production short tons..

MACHINERY AND APPARATUSAir-conditioning equipment:

Orders, new, total thous. of dolls..Air-washer group thous. of dolls..Fan group _.thous. of dolls..Unit-heater group ..thous. of dolls _.

Electric overhead cranes:Orders:

New__ thous. of dolls..Unfilled, end of month thous. of dolls..

Shipnients thous. of dolls..Electrical equipment. (See Nonferrous met-

als.)Electric hoists:

Orders, new:Quantity no. of hoists..|Value dollars..

Shipments ..dollars. _Exports, machinery. (See Foreign Trade.)Foundry equipment:

Orders:New 1922-24=100.-Unfilled, end of month 1922-24=100..

Shipments.... ....1922-24=100..Fuel equipment:

Oil burners:Orders:

New. no. of burners..Unfilled, end of month__.no. of burners..

Shipments no. of burners..Stocks, end of month no. of burners..

Pulverized fuel equipment:Orders, new, central system:

Furnaces and kilns__.no. of pulverizers..Water-tube boilers no. of pulverizers...

Orders, new, unit system:Fire-tube boilers no. of pulverizers..Furnaces and kilns no. of pulverizers..Water-tube boilers no. of pulverizers .

* Deficit for quarter.

.016010.41

2,020

647. 924555, 404

41.0552,92328,668

611498

607541523

180206156

129213119

20,0586,013

174,191228, 696188,143

58.0174,145104, 81542, 095

1882,982

794135442216

159349

75

48.835.838.3

6,2121,4876,2057,487

.01804.88

1,966

729,669352, 614

24.6353, 33632,450

351331

554493522

114185155

1162078958

12,4853,661

66, 30177,43260,956

16.373,191

114,51868,450

69, 20017

83, 60021

83

57848

332198

13422

18

4917, 37115,685

18.725.816.5

4,688568

4,5939,850

.01605.75

1,970

617,165362,993

26.0360, 50934,934

291403

574524543

125169141

12921911843

11,9164,394

66,13281, 28357,417

15.361, 284

107, 68058,651

78, 80020

85, 60021

751,797

54635

290221

37401

51

7834, 62728,099

18.615.229.8

7,319647

7,2409,645

.01606.25

d 4, 475

1,985

613,373395, 640

28.4398,24132,333

467443

551 j536 j578 i

153180146

9721410250

11,1093,753

78,92586, 57089,817

23.975,490

107,62458,797

111,20028

90,80023

771,430

632

334260

6741461

6325, 25933,122

11.917.610.2

11,6211,071

11,1978,319

.01606.00

1,997

475,318422, 637

30.2417,47037, 500

232379

577582622

144181142

20010852

16,7375,941

94, 65690, 707

108, 11128.7

92,424105, 83360,257

74,40019

86,40022

881,245

73948

360331

3122242

26,82931,810

23.224.417.6

12,036939

12,1686,772

.01605.93

1,968

387, 050373,190

26.7376,64734, 043

316301

577577582

139194125

0819110766

7,8731,446

66, 27477, 33990, 679

26.676, 866

103, 32160,177

51,60013

76,00019

821,765

67072

287311

3620943

7826,26628,772

11.822.414.5

3,920464

4,3956,935

.01605.25

330, 359300, 570

21.6307, 37227,160

156215

589551611

153142135

102

11665

9,5103,154

76,96284, 39077,489

22.767.41294,65857.413

145, 60036

68,80017

1,845

55493

230231

1222029

4618,79222,102

18.613.324.7

3,371779

3,0747,812

.01605.25

1,899

275,354292, 201

21.0292,60926, 752

218197

552521583

106127121

841718282

11,1281, 501

75,61577,50985,337

25.979,23494,78354,831

85

41162

209141

1317744

68.458.523.2

1,694646

1,8277,813

.01605.25

1,854

453, 083269, 755

19.7272,43224, 075

128176

449505464

117139104

112 I

16,5888,347

80, 55083,76091,723

27.872, 772

100, 68857,296

1,822

34541

186118

21189

0i0 I10

10

16.160.014.6

1,956311

2,0197,534

.01605.25

d 3, 795

1,841

510, 737373, 340

27.2371,945

25, 470

245193

419442482

142143138

11720910659

8,9031,270

83, 29591,99364, 724

19.674,88095, 60652,199

. 0160 .01606. 00 8. 45

1, 865 1. Q30

526,491401, 086

29.2402, 506

24,050

™\235

447374405

159168134

8418011790

614,214465,418

33.9467, 69521,773

396

544406512

10019089

114

9, 502 16, 2422,983 2, 858

118,594111,311111,942

34.5100, 35391, 859

144, 192136, 592139,696

43. 1H9,15998, S91

47, 815 j 51, 295

822,013

35060

187103

3919632

941,662

412

23597

39228

1451,768

580106308167

3322833

50.419.7

2,878615

2,5747,162

19.414.755.1

2, 755526

2,8447, 526

25.616.824.5

3,562675

3, 4137,815

.01608.91

4.882

2,107

641.441572, 851

J 42. 0568, 4372C, 187

550511

686456636

178182166

118203105168

* 37,02020,894

246, 737229,436166,272t- 51.2152.953104, 35550. 067

1942,471

802111491200

8126544

45.524.837.4

4,6941,4803,8897,632

N New series. For earlier data see p. 20 of the December 1932 issue.

Page 50: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

48 SURVEY OF CURRENT BUSINESS September 1933

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

METALS AND MANUFACTURES—Continued

MACHINERY AND APPARATUS—Con.

Fuel equipment—ContinuedStokers, mechanical, new orders:

Class 1, residential * number..Class 2, apartment and small com-

mercial * number..Class 3, general commercial and small

commercial heaters * number..Class 4, large commercial: *

Number._.^Horsepower _

Machine tools:Orders:

New _ 1922-24=100..Unfilled, end of month .1922-24=100..

Shipments ___ 1922-24=100..Pumps:

Domestic, water, shipments:Pitcher, hand, and windmill ...units—Power, horizontal type units..

Measuring and dispensing, shipments:Gasoline:

Hand operated units..Power _ units..

Oil, grease, and other:Hand operated units..Power units..

Steam, power, and centrifugal:Orders:

New thous. of dolls..Unfilled, end of month...thous. of dolls..

Shipments thous. of dolls..Water-softening apparatus, shipments..units..Water systems, shipments units..Woodworking machinery:

Orders:Canceled thous. of dolls..New. thous. of dolls..Unfilled, end of month thous. of dolls..

Shipments:Quantity ..machines..Value __ thous. of dolls.

NONFERROUS METALS ANDPRODUCTS

MetalsAluminum:

Imports, bauxite ..long tons.Wholesale prices:

No. 1, virgin, 98-99, N.Y dolls, per lb.Scrap, cast, N.Y dolls, per lb.

Babbitt metal:Production, total thous. of lb.

For own use thous. of lb.Sales ..thous. of lb.

Copper:Exports, refined§ short tons.Imports, total § short tons_

Ore and blister .short tons.Price, electrolytic, N.Y._ dolls, per lb.

Gold. (See Finance.)Lead:

Ore:Receipts in U.S. ore short tonsShipments, Joplin district short tons.

Reiined:Imports 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:

Consumption in manufacture of tin andteraeplate * - --long tons-

Deliveries ..long tons—Imports, bars, blocks, etc long tons—Price, Straits, N.Y dolls, per l b -Stocks, end of month:

World, visible supply ..long tons—United States long tons—

Zinc:Ore, Joplin district:

Shipments short tons-Stocks, end of month short tons—

Price, slab, prime, western (St. Louis)dolls, per lb—

Production, total (primarj7) short tons..Retorts in operation, end of mo-_.number_-Shipments, total short tons—

Domestic... short tons—Stocks, refinery, end of month.-.short tons..

Electrical Equipment

Conduit , nonmetallic, sh ipments . . thous . of ft.Delinquent accounts, electrical t rade. (See

Domestic trade.)Furnaces, electric, new orders ki lowat ts .

667

83

81

17241, 249

44,036524

1,4646,720

20, 702646

7321,475

517197

7,560

5370369

228322

12, 732

.2290

.0663

2,485544

1,941

12, 59214, 64414, 642

. 0864

58.044518, 52645, 200170,981

2, 9206,5408,4494,638

38,0434,549

.048830,90525, 83645, 68945, 66'109,141

2,19-

432

44

48

11425, 068

18, 680388

2,5735,619

21, 965366

3911,450493154

5,441

1162289

113114

15, 844

,2290. 0300

1, 276405871

7, 5764, 9364.936.0505

20, 939

o, 470.0275

15,81920, 448

180, 978

1,4002,2653,098.2093

49,1254, 559

7, 74570, 454

. 025414.71618, 29512, Sil12,841135, 902

1,129

757

143

82

13726, 056

19,983412

2,4115,697

23, 752751

3871,369437185

5,818

1139249

195173

10, 809

.2290

.0300

1,320325994

8,2408, 3297, 881.0522

20, 333770

331.032417,11829, 624175, 907

1,2002,5852,399.2296

47,1774, 459

7,19267, 902

.027613,61114, 51416, 36016, 321133,153

1,180

106 j

1,243 |

200

100

16629,139

22, 595324

1,7314,316

28, 3051,647

1,299

167

102

11720,819

709

89

50

9113,283

4371,333450263

5,088

2187256

114175

11,008

. 2290

.0300

1,406293

1, 108

15, 3217,0676, 277. 0598

20, 4211,346

5, 563.0347

20, 49827, 682173,159

1,1002, 6802, 663.2476

47, 7394, 191

12, 03264,136

.033213, 26014,91520,63820, 618125, 775

1,87

100

14,247334

1,8134,692

25,105972

3871,310399217

3,999

161221

153193

11,553

.2290

.0315

1, 573331

1,193

8,3186, 6366,609.0573

20,7552,615

1, 220.030521, 09231,045171, 415

1,4003,1303,063. 2392

47, 0484,291

24, 71551,201

.030315, 21717, 36919,15219,132121,840

1, 984

12,415321

1,6814,442

30, 031493

3681,193378185

3,188

5147195

134164

10, 481

.2290

.0400

1,265321945

5,8394,9444,944.0513

21, 2451,990

1,113. 0305

24, 46523, 065175, 532

1,3003,2402, 582.2332

47, 4713,441

22, 28042, 891

.030916,0'19, 75215, 9715, 95C121,94!

1,70;

62

521

55

64

9818, 375

364532

12, 772256

1,0802,941

20,408355

3591,051494182

2,258

11167171

159175

9,546

.2290

.0400

1,149326824

9,82610,3019, 604.0481

25, 4652,298

48C.030C21,17324,08S176,15'

1,3002,6453,786.2269

45, 7964,496

23, 94837, 500

.031218,65321,02315, 74515, 725

124, 856

1,045

251

24

33

6312, 248

3249

17,819258

1,1442,974

14, 754401

2771,012310208

3,533

2124179

100111

10, 777

.2290

.0400

1,346272

1,074

12, 5678, 7688,187.0478

22, 580

200. 0300

24, 61519,030184, 693

1,3603,7252,802.2270

44, 2233,461

30, 87524, 515

.030219,82822, 66015, 04015, 000129, 644

1,34

307

27

29

5511,113

18, 303

9653,221

14,918290

4241,103318190

2,908

5113187

10498

11,176

.2290

.0400

1,178260918

12,5158,0048,004.0478

22, 2991,915

2,531.0300

20, 03317, 349189, 75:

1,4003,0452,262.2350

43,1602,741

22, 26218,343

.026720,07623, 38915, 28015, 280134, 440

1,622

252

18

22

8416, 550

19,073303

1,4184,048

15,651367

4041,066434171

2,778

97201

10,974

.2290

.0400

1,135193942

12,1398,5638,548.0501

24,0372,298

66.031524,68421,950194.251

1,3103,3302,830.2434

43, 5282,281

10,97619,987

.029922, 09522, 37516,15616,156140, 3'

846

218

8

15

5713, 599

22, 778350

1,7454,925

20,958576

4661,093435167

3,706

13820;

132

.2290

.0416

1,544274

1,270

10, 6447,2145,423.0540

17, 3352,552

183.032623, 38525, 378196, 827

1,4604,5554,274.2715

42, 5412,040

19, 8.3017,167

.033021, 44922,40519,38119, 336142, 447

1,091

2, 157

357

19

42

9323,212

30,755496

2,450° 6,089

32, S49497

5111,126474215

5,605

3272290

149191

18.345

.2290

. 0548

2,111325

1,786

10,97611,1209, 889.0670

17, 6732,772

20. 0365

19, 40528,197197,109

2,2604,8355, 725.3591

41,8833,036

13, 86918,108

. 033121, 73023, 56927,54327, 543136, 634

2,303

68S

4SS

18

49

18732, 723

404031

39,291578

2, 0386,940

25,096429

7361,261597232

6,358

341

275316

12, 944

.2290

.0675

2, 328450

1,878

12,57512,30510,445.0777

17, 5023.807

518. 0417

21, 78334, 825193, 005

3,0206,1456,839. 4421

39,9643,474

20, 45615, 232

.043524, 02724, 40436, 73736, 693123,924

2,609

1, 357

* New series. For earlier data sea p. 19 of the January 1933 issue (stokers) and p. 20 of December 1932 issue (tin consumption).§ Data for 1932 revised. For revisions for full year 1932 see p. 48 of the June 1933 issue.

Page 51: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 49

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April M a y June

METALS AND MANUFACTURES—Continued

NONFERROUS METALS ANDPRODUCTS—Continued

Electrical Equipment—ContinuedElectrical goods, new orders t (quarterly)

thous. of dolls..Laminated phenolic products, shipments

dollars..Mica, manufactured:

Orders, unfilled, end ofmonth thous. of dolls..

Shipments. thous. of dolls..Motors (direct current):

Billings (shipments) dollars..Orders, new. ...dollars..

Panelboards and cabinets, shipmentsthous. of dolls..

Porcelain, electrical, shipments:Special dollars..Standard.._ dollars..

Power cables, shipments thous. of ft_.Power switching equipment, new orders:

Indoor _ dollars..Outdoor dollars..

Radiators, convection type. (See Iron and steel.)Reflectors, industrial, sales units..Vacuum cleaners, shipments number..Vulcanized fiber:

Consumption thous. of lbs..Shipments... _ thous. of dolls..

Welding sets, new orders:Multiple operator .units..Single operator.- units..

Miscellaneous ProductsBrass and bronze (ingots and billets):

Deliveries net tons..Orders, unfilled, end of month net tons..

Brass, plumbing:Shipments * number of pieces..

Brass sheets, wholesale price, milldolls, per 1b...

Copper, wire cloth:Orders:

Make and hold-over, end of monththous. of sq. ft..

New thous. of sq. ft..Unfilled, end of month thous. of sq. ft..

Production thous. of sq. ft..Shipments thous. of sq. ft..Stocks, end of month thous. of sq. ft_.

Fire-extinguishing equipment. (See auto-mobiles.)

578,503

45, 92230, 498

245

2,032434

5,60115, 657

.140

272379735400477738

327,913

4845

191,601149,407

176

22,46815,295

646

15, 47250,108

22,06121,697

494

1,39717, 421

604,154

.120

501253126199241892

284, 779

4449

163, 242134,651

193

32,07419,121

22,06448,058

35,094

664203

1, 75818, 790

641,498

.120

533310117281283878

63, 319

375,849

4947

160,016137, 704

179

37, 25720,820

544

20,31645,139

37,73633, 821

753255

070

2.11218,336

789,862

.124

525309103299306865

456, 720

5156

129,488124,546

142

49,05122, 688

420

13,34526,216

38,45338,000

1,047260

1.96917,002

837, 258

.125

503288103308276901

379, 687

4665

150, 283146,813

147

42, 66415,715

343

15, 34338, 000

35,32736,178

245

1.64616, 648

637,923

.125

506301115289275800

62,912

325,004

4556

186.285133,950

173

29,00711,450

282

17, 70358, 618

29, 69938, 727

948188

1101

1,49216,373

446, 608

.125

507249130253227921

299,259

4658

108,87183,679

191

20,31014, 721

254

19,79942,173

27,66828,462

876204

339

1,26115,934

493,477

.110

487275106241257868

294, 230

2950

136, 566168, 266

146

27,89715,770

439

25, 09633, 784

25,95230,106

811192

1,42114,952

J585, 775

.110

518257110220220863

57,897

311, 439

2848

150, 571141,313

137

38,31117,188

285

10, 81236,482

25,38143,340

874187

157

1,58615,991

.110

542317118267265832

391, 055

3453

128, 786118,359

130

25, 72217,197

288

17, 35674,979

30, 22337, 934

864206

170

2,27416,408

664, 573

.115

549281102256238845

560, 582

4276

231, 210158,094

157

34,81321,181

246

23,16135,936

32,14241,661

1,357285

294

3,80416,712

"1,007,966 1

.122

5436424(j()294305829

79, 514

622,979

12290

213, lf.7265, 054

204

43,73345, 781

412

23, 50650, 527

38,97044, 531

1, 904404

0156

4,97316, 568

,291,994

.133

510484G4S458457^02

PAPER AND PRINTING

178,577

1.64

132,87617, 28488,12029, 27617,46626,936

53661,127

1.58134, 774

16,19288,98227, 48021, 40829,042

55836,302

WOOD PULPChemicai:

Consumption and shipments totalshort tons

Soda short tonsSulphite, total short tons

Bleached short tonsUnbleached short tons._

Sulphate ..short tons.Other grades ..short tons.

Imports § short tons..Price, wholesale, sulphite, unbleached

dolls, per 100 lbs..Production, total short tons.

Soda short tons.Sulphite, total short tons..

Bleached .short tons.Unbleached.. short tons.

Sulphate short tons.Other grades short tons.

Stocks, end of month, total short tons.Soda short tons..Sulphite, total short tons..

Bleached short tons..Unbleached _ short tons..

Sulphate short tons..Other grades short tons..

Mechanical (ground wood):Consumption and shipments short tons..Imports short tons..Production _ short tons..Stocks, end of month.__ short tons..

PAPERTotal paper, incl. box board and newsprint:

Production short tons..Percent of capacity

Shipments short tons..Stocks, end of month short tons..

Book paper:Orders, new:

Coated percent of normal production..Uncoated—percent of normal production..• New series. Data prior to October 1931 not published. § Data revised for 1932.t Revised series. For earlier data see p. 19 of the August 1933 issue.

23,612

27,4124,7487,1864,646348

81,14811, 62673,00695,769

447,36452

505, 336408, 278

46

151, 50221,19099, 40430,13822, 36430,034

87473,721

1.58151, 63220,09499,64430,54624, 01231,162

73234,1843,49826,7685,1566,9503,712206

91,7728,99877,39781,394

494, 56955

528,413403,472

157, 20221,106103,30834,78422,75632, 076

65278, 095

1.58159,02819,852103,58635,94023,58234,840

75032,0202,942

24, 6946,3126,4844,080304

89,43717,89674,99866,955

496,49260

551,460381, 665

172, 76421, 274111,60237,15824,59039,294

594119,612

1.58175, 61021,102111,45236,98626,42442,366

69030, 5343,504

22, 3786,1406,1524,252400

92, 23517,87685, 57360, 294

542,24762

574, 761359,847

163,45420, 572107, 68434,97223, 64634,736

462142, 363

1.58164,85619, 604108,15234,90624, 23836,604

49629,1483,22421,8466,0745,7443,644434

98,10224,95697, 64658, 457

500,37958

517,611366, 685

143,14016,91096, 03632,46618,01029, 596

598146,289

1.53144,15016, 44895, 03631, 55817, 91631,992

67428,6243,31820,4645,1665,2683,822510

91,70617,40390, 78057, 531

462,47052

472,198363,962

159, 26820, 580108,02243,31422, 74430,040

626138,971

1.53165,18219, 934111,61041,96427, 28833,080

55854, 5362,840

46, 74423,11613, 6024,510442

81,3828,210

78, 66552,028

454,61853

479, 892349,389

163, 68620,066113,64644, 50024, 27429, 290

68498,431

1.53162, 95618,978112,84841,42228,00830,466

66450, 2062,368

43, 75820,03814,9963,658422

76,0375,59473,72949,820

58

187, 70628,334127,31249, 40629.COS31, 340

72078,921

1.53183,85022, 602126, 24245,02032, 08034, 214

79247,3522,492

40, 21015, 65214,9904,156494

88,5559,06486,84048,105

179, 43224, 368122, 60846, 57830.08031,904

55262, 409

1.53170, 84820,138116,35445, 25825, 75434, 042

31439, 6223,304

32, 07214, 3328, 7803, 990256

86, 4317,94991,49853,172

82,176 137,206

18, 084 18, 6S4

56

For revisions for full year 1932 see p. 49 of the June 1933 issue. • Revised.

Page 52: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

50 SURVEY OF CURRENT BUSINESS September 1933

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary

March April May June

PAPER AND PRINTING—Continued

PAPER—ContinuedBook paper—Continued

Orders, unfilled:Coated number of days' production.Uncoated number of days' production.

Production.._ short tons.,Percent of capacity -

Shipments short tons..Stocks, end of month short tons.,

Box board:Consumption, waste paper short tons..Orders:

New. .-._ short tons..Unfilled, end of month short tons..

Production.. short tons..Operations, percent of capacity.._ —Shipments- . short tons..Stocks, end of month short tons..Stocks of waste paper, end of month:

At mills short tons..In transit and unshipped purchases

short tons..Newsprint:

Canada:Exports--. short tons..Production short tons...Shipments from mills short tons..Stocks, at mills, end of month-short tons..

United States:Consumption by publishers...short tons..Imports short tons..Price, rolls, contract, destination, N.Y.

basis dolls, per short ton..Production, total short tons..Shipments from mills short tons..Stocks, end of month:

At mills short tons..At publishers short tons..In transit to publishers short tons..

Writing (fine) paper:Production short tons..

Percent of capacityShipments short tons..Stocks, end of month short tons..

Wrapping paper:Production short tons..

Percent of capacity •Shipments short tons..Stocks, end of month short tons..

All other grades:Production short tons..Shipments short tons..Stocks, end of month._ short tons.,

PAPER PRODUCTSAbrasive paper and cloth, shipments:

Domestic - .reams-Foreign reams..

Paper board shipping boxes:Operating time, total percent of normal..

Corrugated percent of normal..Solid fiber.. ..percent of normal..

Production, total thous. of sq. ft..Corrugated thous. of sq. ft..Solid fiber. _. thous. of sq. ft..

Rope paper sacks shipments* 1930-31 = 100.

PEINTINGBlank forms, new orders thous. of sets.Book publication, t o t a l . . . number of editions.

New books number of editions.New editions number of editions.

Operations (productive capacity)-..1923=100.Sales books:

Orders, n e w . . thous. of books.Shipments . thoas . of books.

167,303180, 387181, 658

41, 963

40.0079,48282, 068

19, 378157,11826,278

59, 7846, 945

9110065

631,484513,490117,994

72, 099660554106

44

73,70152

114,97579,494

170, 656

161,77723,192

164, 35250.5

169, 77679,922

160,118

29,775

131, 780141, 995143, 936«46, 991

131,823138,856

53.00a73, 530«74, 248

°33, 793182, 72528,561

21,81845

23, 54251,814

52,00061

53,30070, 228

60, 99166,88693,451

33,3126,017

56

399,160336, 530

62, 63095

37, 2597336419263

13,078 8,39511, 097 8, 271

35

84,75646

116,58578,063

163,909

182,70135,864

173,80551.5

171, 48681,805

151,343

23,897

152, 761157,919154,88150, 029

123,873147, 669

53.0079, 52977, 340

35,982188,43623,195

23,80345

24,16051,446

60,47966

59,87470,825

72,197

85,351

34, 8355,867

626648

436, 358371,42764,931

108

41,06160950410563

7,8799,128

83,40051

118,10076,814

196,910

205,78353,331

180,42161.4

188,10374, 237

174,756

26, 666

119,277150,691142,63348,062

127,425133,830

51.2570, 62173, 234

33,095181, 61326,191

25, 79053

26, 51250, 719

60,18271

65, 71964, 561

76, 07879, 79280,818

39, 8976,532

717657

447, 032405,92271,110

115

41, 252806655151

8,5758,704

123,06072,436

228,116

199,11948,536

201, 77761.6

203,93272,083

160,794

30,448

148,935157, 505157,56848,411

144,993148, 291

45.0076, 73176,922

32,790165,459

29, 586

27,12354

27,42149,940

68,33377

74,96157,963

79, 29568,46574,635

42, 2975,574

798365

508.182436, 406

71, 776125

40,3961,090

91217866

10,1909,082

35

87,11959

116, 78477, 289

197,306

163,12833, 575

179, 09458.1

178,18972,491

172,693

31, 325

153, 569161,334164,32745, 461

145,889155,499

45.0081,66283,922

30,581171, 79828, 758

24, 54649

24, 32550,156

59,14967

58,20358,90368,80956,18877, 265

35, 4245,331

656952

409, 736345, 75663,980

112

38,36470059510567

8,4768,874

34

86,85859

115,61678, 294

155, 729

152,80733,490157,357

45.7152,87476,173

160,600

24, 370

136,993138, 682140,77042, 337

132,761135, 430

45.0080,07579,002

21, 783172,27224,171

21, 23342

21,31850,063

44

83,90558

121, 62870, 778

158,458

157, 24536,030154,497

48.2154,28076, 473

173,415

26,481

127,779140,539133,05649,837

127, 446130,917

45.0074,35672, 637

23,502166,95424,601

25,37149

26, 56350,099

50,005 52,05457 62

48,905 i 51,95059,554 57, 240

66,94254, 48378, 095

28,1256,522

586244

361,871306,44755,424

120

50,350875707168

7,645

64,43552,83471, 297

37, 6484,412

566239

376, 200314,08462,116

106

46,602457390676Q

9,7357,920

43

85, 58364

119,07474, 671

35

93,62866

115,85977, 210

44

82, 29949

117,59775,820

610

107, 446124, 788120,09454, 515

116,30794,908

45.0067,66566, 884

23,363157,48927, 347

25,19153

25,46848,984

48,88163

49, 02857, 596

62,85150, 06272,135

35, 8786,832

606543

398, 014329,13368,881

81

45,05367957610370

7,9077,653

138,005137,078140,69450,872

123, 402114,500

45.0076,52177, 933

23,005149, 97123, 691

29, 74459

29, 65548,965

57, 52565

58,79156,307

69,32954,89174,912

32,4126,829

586147

380,452306, 66773,785

112

53,33776662114562

7,3998,048

113,139148,377161,04037,232

132, 032139,213

40.0074, 53476, 085

21,171139,63727, 066

24,15049

25,40647,548

58, 21272

60,13354, 405

68,51157,19773, 394

40,4685,478

657147

460,970385,11775,853

124

46, 50880563716862

9,9028,570

168, 719170, 047164,99143,428

160, 773157,314

40.0081,18178, 861

23, 560137,45124,290

152, 152"171, 830°171, 88943, 068

130, 879142, 700

40.00«81, 939"84, 970

21, 964135,34224, 051

53,1877,675

808660

565, 471463, 567101,904

95

59, 226530 i4775367

10, 3809,572

60, 5498,984

9372

"626,415M99, 226127, 189

102

82, 15651141695

12, 93411, 162

RUBBER AND RUBBER PRODUCTS

CRUDE AND SCEAP RUBBER

Crude:Consumption, total. long tons..

For tires... - long tons..Imports, total, including latex§_—long tons..Price, wholesale, smoked sheets, N.Y.

dolls, perlb. .Shipments, world. long tons..Stocks, world, end of monthf long tons..

Afloat, total long tons..For United States... long tons..

London and Liverpool long tons..British Malaya long tons..United Statesf --long tons_.

Reclaimed rubber:Consumption long tons.Production long tons.Stocks, end of month long tons.

Scrap rubber:Consumption by reclaimers long tons.

43,660

"45,243"

.07870,000

630, 00098, 79471, 79499, 85988,199

334,853

7,64211,3269,311

26,01014, 71532, 524

.02859, 530

579,19568,55847,368

106,17262,887

341,578

4,0545,146

11, 596

20, 58212, 64633,989

.03656, 327

595, 78274,80853.558

104, 40866,134

350,432

3,4613,101

10, 387

20,69210, 39929, 280

.03959,683

599,76178, 77557,735

103,19564,321

353,470

4,1365,0439,982

19,33710,34035,806

.03454,403

604,00869,24050, 220

100, 00168,836

365,931

4,3406,2759,877

20,1579,388

29, 620

.03457,976

611,30174, 50554,50596,32471,441

370,577

4,1356,2159,973

15, 6317,408

32,016

.03356,700

621, 07871,14751,14791,12177, 024

379,000

3,1355,345

10,794

19,92810,37630,663

.03359,000

614,85160, 67440,67489, 26774, 590

385,354

3,5604,983

10,733

• Revised, t For revised data for year 1932 see p. 50 of May 1933 issue,year 1932 see p. 50 of the June 1933 issue.

16,229 19,512

• New series. Earlier data not published.

18, 8259,587

22,969

.02954, 500

618,29965,12341,12392,15371, 677

386, 686

3,2294.303

10,936

15, 7018,179

28,475

.03056,900

622,14260,91436,91494, 65867, 583

395,987

2,5563,617

10,227

22, 81713, 55521,034

.03655,000

617,49065,43138,43195,15166,911

389,997

3,2614,3409,484

38, 78522, 33726, 736

.04957,000

620, 58681,17754,17798, 60970, 489370,311

5,7507,8649,065

44,65426, 07523, 504

. 061a62, 000632, 565106, 510

79, 510°102, 511

82, 331341,213

7,1599,9568,733

14,132

§ Data revised for 1932, for revisions for full

Page 53: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 51

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April M a y June

RUBBER AND RUBBER PRODUCTS—Continued

TIRES AND TUBES

Pneumatic casings:Production thousands.Shipments, total thousands.

Domestic thousands.Stocks, end of month thousands.

Solid and cushion tires:Production thousands.Shipments, total thousands.

Domestic ...thousands.Stocks, end of month _..thousands.

Inner tubes:Production.. _ .thousands.Shipments, total ..thousands.

Domestic thousands..Stocks, end of month thousands.

Raw material consumed:Fabrics... thous. of lb_.Crude rubber. (See Crude Rubber.)

MISCELLANEOUS PRODUCTS

Rubber bands, shipments. thous. of lb._Rubber clothing, calendered:

Orders, net—number of coats and sundries..Production...number of coats and sundries..

Rubber-proofed fabrics, production, totalthous. of yd. .

Auto fabrics thous. of yd . .Raincoat fabrics thous. of yd . .

Rubber flooring, shipments.--thous. of sq. ft..Rubber and canvas footwear:

Production, total thous. of pairs..Tennis thous. of pairs..Waterproof thous. of pairs..

Shipments, to ta l . - . thous. of pairs..Tennis. thous. of pairs..Waterproof thous. of pairs..

Shipments, domestic, total.-thous. of pairs..Tennis thous. of pairs.-Waterproof thous. of pairs..

Stocks, total, end of month..thous. of pairs..Tennis . thous. of pairs..Waterproof thous. of pairs..

Rubber heels:Production. thous. of pairs..Shipments, total* ..thous. of pairs..

Export . thous. of pairs..Repair trade thous. of pairs..Shoe manufacturers -thous. of pairs..1

Stocks, end of month.. thous. of pairs..Rubber soles: !

Production --thous. of pairs._|Shipments, total* thous. of pairs.-

Export thous. of pairs..Repair trade.. thous. of pairs.JShoe manufactures thous. of pairs..

Stocks, end of month thous. of pairs..Mechanical rubber goods, shipments:

Total thous. of dolls..Belting ..thous. of dolls..Hose thous. of dolls..Other thous. of dolls..:

255

I

2,8931,9231,8454,962

107725

2,3501,7281,6744,780

11, 707

160

9,10926,849

2,013224

1,003329

2,3211,1971,1242,9851,7781,2062,9421,7551,18717,3174,64112, 676

10,141261

2,4497, 432

27, 397

2,4192,407

14113

2,2802,308

2,024524734766

2,4712,1242,0655,327

25

2,1992,0021,9664,902

10,116

199

13,32128,284

2,952268

1,489434

3,5761,3752,2013,3421,2082,1343,2721,1752,09617,3584,61512, 743

11, 07314,395

1874,2609,94824,449

2,5992,660

12140

2, 5082,373

2,152563785804

2,0312,4662,4114,877

724

2,0812,4782,4404,602

8,417

210

31, 57722,770

4,510301

2,719421

3,7671,1902, 5774,6411,2493,3934,5891,2263,36316,4834,55811,928

14, 20518,000

2975,52012,18320,534

4,0544,353

2154,1312,024

1,975456706813

!

2,0551,4391,3855,501

724

1,7491,3271,2924,971

8,345

315

35,41735,306

4,918404

3,065383

4,1391,0553,0845,234600

4,6345,189571

4,61815, 3885,01010,378

16, 73616, 222

2335,01210,97721,029

5,0814,792

4269

4,5192,168

2,192481844867

1,8431,3691,3065,964

523

1,6041,2631,2215,330

7,827

170

22,35338,704

3,890332

2,461307

5,0071,3853,6235,375454

4,9225,330422

4,90815,0385,9559,083

14,16213,188

1843,9669, 03821, 749

4,7804,420

5316

4,0992,559

1,990423709858

1,5861,4551,4056,115

75524

1,4231,3791,3485,400

5,993

138

6,82725,759

1,772234707252

4,7821,6033,1794,813551

4,2624,773168

4,25415,0167,0168,000

12,43313,641

2582,42310,96020, 337

4,6475,265

6209

5,0502,369

1,992397780816

1,8062,0772,0115,789

67722

1,6752,0281,9894,957

7,899

189

11, 57424,409

2,052221799188

4,2473,777

1275

3,5022,766

2,060382730

1,8711,8341,7645,902

721

1,7791,6821,6465,085

7,263

167

7,32716,330

2,146243616269

3,7251,9131,8123,1561,8141,3423,1361,8011,335

15, 3517,0088,343

13,14211,336

2092,4338,694

21,808

3,2752,1851,0903,5372,2561,2813,5112,2451,267

15,0886,9378,151

13,03010,888

2212,9097,758

25, 267

4,0083,728

3362

3,3623,121

1, 815352633830

1,6301,6741,6165,832

77621

1,5061,5221,4865,095

6,364

162

8,05820,997

2,303134953307

3,2812,634647

3,3902,842548

3,3392,800539

14,9656,7308,235

11,22210, 761

1702,6777,91425, 549

3,9593,925235271

3,4193,302

2,018358802858

2,4992,9232,8745,419

720

2,2822,4412,4104,951

10,460

191

8,03714, 227

2411,275218

3,1722,636536

3,6723,230442

3,6373,202435

14,4626,1358,326

10, 35312, 383

2814,4417,661

23, 740

3,1083,256

1266

2,9883,215

2,273371903999

4,1514,1444,0775,408

921

3,7603,5713,5305,105

16, 778

247

19,392

467

365

3,8602,7941,0664, 2123,516696

4,1493,470679

14,1105,4138, 697

19,42720,484

1826, 88313,41922, 688

5, 2095, 482

1335

0, 1463,006

2,847521

1, 0071,259

4,8805,0444,3205,292

15151420

4,3584,6224,5754,878

19,553

313

603

310

3,7322,1531,5793,9253,085840

3,8573,025833

13,9224, 4859,437

23,47927, 717

2847,15520, 27818, 402

6, 0946,786

5395

0 3862,228

3,924865

1, 4711,588

STONE, CLAY, AND GLASS PRODUCTS

BRICK #Common brick, wholesale price, red, N.Y.

dolls, per thous..Face brick (average per plant):

Orders, unfilled, end of mo._thous. of brick..Production (machine)* thous. of brick..Shipments . . . thous. of brick..Stocks, end of month J -thous. of brick..

Sand-lime brick:Orders, unfilled, end of mo..-thous. of brick. _Production thous. of brick..Shipments by rail thous. of brickShipments by truck thous. of brickStocks, end of month thous. of brick

PORTLAND CEMENT

Price, wholesale, composite dolls, per bbl._Production thous. of bbl._

Pereent of capacityShipments thous. of bbl_.Stocks, finished, end of month..thous. of bbl_.Stocks, clinker, end of month thous. of bbl._

493173223

5,8203, 223

1942,0575,282

9.30

477149258

3,196

5,9232,537

1762,5084,151

1.549 1.357 1.388 1.388 1.388 1.388 1.424 1.426 1.436 1.4368,609 7,659 7,835 8,210 7,939 6,462 4,248 2,958 2,777 3,68437.6 33.4 34,2 36.9 34.6 29.1 18.5 12.9 13.4 16.1

8,697 9,218 10,968 9,729 8,743 4,782 2,835 2,502 2,278 3,51019, 848 22, 512 19, 398 17, 878 17,084 18, 788 20, 205 20, 624 21,125 ! 21, 2986,-839 7,889 7,175 6,708 6,093 5,938 5,995 6,092 6,422 | 6,890

• New series. Earlier data not published on rubber heels and soles. For machine production of brick see p. 20 of the June 1933 issue.% Adjusted for degrading and year-end physical inventories.# Census Bureau has comparative summaries for 2 months only on structural clay products. Series not comparable over 13-month period

9.25

424180228

3,177

2,2542,523455

1,8085,898

9.25

363200221

3,119

3,6502,187

3001,6684,813

1.3887,93934.6

8,74317,0846,093

9.25

351151134

3,091

8,050901

01,2314,477

1.3886,46229.1

4,78218,7885,938

9.25

3529885

3,133

5,75579882

8844,792

1.4244,24818.5

2,83520, 2055,995

10.13

2923579

3,061

7,325606110

1, 2334,622

9.25

2450

3,030

4,81230780778

4,020

9.25

324» 2794

2,9753,67551115

8613,501

9.25

359«93131

2,911

2,77549250742

3,003

1.4364,18318.94,949

20, 5427,146

9.25

350« 139169

2, 800

1,580588

6063,877

1.4366, 26227.46,70920,1176,769

Revised.

9.25

398157207

2,823

1,31573071

1, 2651,936

1.4367, 80435.2

7, 9791 19,936

6,840

Page 54: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

52 SURVEY OF CURRENT BUSINESS September 1933

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

STONE, CLAY, AND GLASS PRODUCTS—Continued

GLASSWARE, ETC.

Glass containers:Production . . - . thous. of gross..

Percent of capacityShipments thous. of gross .Stocks, end of month.. thous. of gross..

Illuminating glassware:*Orders:

New and contract number of turns..Percent of full operation

Unfilled, end of month..number of turns.Production:

Total _ number of turnsPercent of full operation

Shipments:Total _ . number of turns. _

Percent of full operation _ . _Stocks, end of month number of turns..

Plate glass, polished, production#thous. of sq. ft..

GYPSUM *

Crude (quarterly):Imports short tons..Production _. _ short tons.Shipments (uncalcined) short tons..

Calcined (quarterly):Production short tons

Calcined products (quarterly):Shipments:

Board, plaster (and lath), thous. of sq. ftBoard, wall thous. of sq. ft.Cement, Keenes . . . short tonsPlasters, neat, wood fiber, sanded,

gaging, finish, etc _ short tonsFor pottery, terra cotta, plate glass,

mixing plants, etc - - short tonsTile, partition ...thous. of sq. ft..

TERRA COTTA

Orders, new:Quantity - - short tonsValue . . . _ __thous. of dolls

11,828

83468

1,67753.6

1,5515,824

1,142

1,458

1,059

94532.6

5,454

2,849

2, 504194

1,66049.1

1,7575,724

1,020

1,455

885

1,12238.7

5,254

1,843

1,377118

1,46246.8

2,0275,167

1,164

1,485

782

1,08737 5

5,063

3,567

173,366423,139159,160

262 812

31, 43552,4413,597

202 332

19,1301,842

67262

1,75053.8

1,7745,123

1,151

1,363

1,090

1,27944 1

4,799

4,120

79088

1,50846.4

1,4225,247

1,187

1,286

1,338

1,26043.5

4,852

4,718

1,36596

1,46244.9

1,3665,343

948

1,222

1,144

1,08337.4

° 4,949

4,268

80,366252,89196,374

199,083

22,95141,663

2,634

155,603

18, 2191,393

1,18892

1,63651.3

1,7385,244

1,043

1,219

795

98634.0

4,480

6,472

1,30679

1,58551.8

1,5085,325

1,049

1,280

1,010

1,00635.4

4,397

5,186

29226

1,70449.5

1,6215,406

1,379

1,327

1,008

1,26744.6

4,388

5,112

0197,73061,106

168,931

18,88242,4422,073

121,490

17, 2491,406

2,333198

1,56849.2

1,6825,305

1,300

1,390

1,161

1,22643 2

4,342

4,893

1,10567

1,69349.1

1 9695,036

8,286

1,29772

2,00760.5

2 1294,S9$

9,946

74 240369 016146 569

28,94567 43^

3' 831

°17 °74

04 7 Q -

1,516

56547

TEXTILE PRODUCTS

CLOTHINGHosiery: •

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._iStocks, end of month..thous. of dozen pairs..

Men's and boys' garments cut: jOvercoats thous. of garments..Separate trousers thous. of garments..Suits. .thous. of garments..!

Rubber clothing. (See Rubber products.)

COTTON

Consumption f thous. of bales..Exports: !

Quantity, exclusive of lintersthous. 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, per lb_.

Production, crop estimate thous. of bales..Receipts into sight § thous. of bales..Stocks, end of month: f

Domestic, total mills and warehousesthous. of bales..

Mills _ thous. of bales..Warehouses thous. of bales..

World visible supply, total thous. of bales..American cotton thous. of bales..

600

692

17112

.106

.108'12,314

761

7,0901,3515,7397,7135,908

3,174

2,1963,0092,9889,243

1391, 256974

279

449

.051

.058

107

7,9181,2186,7007,7935,894

5,595

3,3604,1174,3118,818

2851,6641,480

403

452

865

.065

.074

»526

7,6381,0906,5487,6025,751

6,693

4,0435,3465, 7608,492

4822,0251,734

492

734

4,8357

.072

.077

* 1,860

9,0561,0877,9698,2516,534

6,582

4,4136,0036,0068,154

6381,9471,565

9,2464

.064

.066

1,970

11, 0941,2679,8279,4797,783

5,145

3,6175, 6805,6458,070

5541,495964

1,012

11,631

.059

.062

» 2, 784

12,1341,457

10, 67710, 518

4,185

2,8774, 6954,7838,251

1721,1641,077

1,040

12,08611

.054

.059/13, 002* 1, 586

11,8801,530

10, 35010, 5528,878

6 3,666

6 3, 0066 4,1976 3,5166 9,010

6 178«-l,39061,450

794

12,41821

.056

.062

» 1,078

11,5161,49510, 02110,5498,759

6 3,860

6 2,8266 4,0636 4,0476 9,010

6 26761, 43661,850

557

.055

.061

» 599

10,8221,4429,38010,182

6 5, 006

6 3,1096 4, 4086 4, 7316 8, 776

6 2166 1, 6766 1, 745

494

12,71013

.061

.070

10, 2501,3438,9079,7967,977

> 5, 406

3,8924,2634,6038,469

6 1221,8441,593

471

436

.061

.069

9,5201,3688,1529,5607,613

7,547

5, 8655,5595,3588,740

6 1312,1061,599

621

592

.082

.086

728

8,7161,3957,3219,0147,042

*> 8,075

7,1556,1156, 5378,390

6 3302, 4011,807

696

615

.087

.096

7, 7201,4016,3198,3416, 429

a Revised.• As of Aug. 1.t Final estimate.§ Data for 1932 revised January, 1,570; February, 931; March, 881; April, 577; May, 352; June, 221.• Partly estimated for months of 1933.• New series. For earlier data on gypsum see p. 20 of the January 1933 issue. For hosiery see p. 19 of the April 1933 issue. Earlier data on glassware not published.t For revisions for the year ended July 1932 see p. 20 of the February 1933 issue.

Page 55: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 53

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

TEXTILE PRODUCTS—Continued

COTTON MANUFACTURES

Cotton yarn:Carded sales yarn:

Orders, unfilled, end of mo_._thous. of lb._Production (weekly average).thous. of lb_.Stocks, end of month thous. of lb_.

Prices, wholesale:22/ls, 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. yd..Imports.. thous. of sq. yd_.

Fiber consumption for tires. (See Rubber andRubber Products.)

Prices, wholesale:Print cloth, 64 x 60 dolls, per yd. .Sheeting, brown, 4x4 (Trion mill)

dolls, per yd. .Cotton cloth finishing:

Printed only (mills and outside):Production thous. of yd. .Stocks, end of month thous. of yd._

White, dyed and printed (outside mills):Billings (finished goods) thous. of yd. .Operations._ percent of capacity..Orders, new, gray yardage..-thous. of yd_.Orders, unfilled, end of mo day's prod_.Shipments (finished goods) ..cases..Stocks, end of month (finished goods)

cases..Spindle activity: f

Active spindles .thousands..Active spindle hours, total, .mills, of hours..

Average per spindle in place hours._Operations percent of capacity..

RAYON AND SILKRayon:

Imports thous. of lb__Price, wholesale, 150 denier, "A" grade,

N.Y dolls, per lb_.Stocks, imported, end of month.thous. of lb._

Silk:Deliveries (consumption) bales...Imports, raw thous. of lb._Operations, machinery activity:

Broad looms.. percent of capacity..Narrow looms percent of capacity. _Spinning spindles percent of capacity __

Prices, wholesale:Raw, Japanese, 13-15, N. Y..dolls, per lb_.Silk goods, composite dolls, per yd. .

Stocks, end of month:World, visible supply bales..United States:

At manufacturers.__ _.bales._At warehouses bales..

WOOL

Consumption, grease equivalent-.thous. of lb._Imports, unmanufactured § .thous. of lb_.Operations, machinery activity:

Combs percent of capacity..Looms:

Carpet and rug percent of capacity..Narrow percent of capacity..Wide percent of capacity..

Spinning spindles:Woolen percent of capacity..Worsted. percent of capacity..

Prices, wholesale:Raw, territory, fine, scoured dolls, per lb__Raw, Ohio and Penn. fleeces.-dolls, per lb__Suiting, unfinished worsted, 13 oz. (at mill)

dolls, per yd..Women's dress goods, French serge, 54" (at

factory) .dolls, per yd. .Worsted yarn, 2/32s, cross-bred stock, Boston

dolls, per lb_.Receipts at Boston, total thous. of lb__

Domestic _. thous. of lb_.Foreign thous. of lb._

MISCELLANEOUS PRODUCTS

Burlaps and fibers, imports: |Burlaps thous. of lb.JFibers long tons_J

.31]

.410

28, 7043,088

,067

.077

26, 0698,128

263117. 5

.60

44, 5978,396

82.953.278.4

2.2731.02

51,684

57,37731, 406

134

465497

.79

.35

1.613

.975

1.1783,31870,87612,442

34,49923,807

26,4751,400

11,738

.157

.255

33, 8241,861

.031

.037

37,40471,624

25,53232

27, 3961.1

16,073

13,347

19,7583,656

11551.5

285

.55321

38,3824,931

47.145.941.0

1.231.90

240,954

20.01150,721

26, 719848

65

191745

3950

.36

.14

1.125

.750

.7552,33950,9341,405

33, 5511,798

11,188

.183

.264

24,1571,166

.039

.040

64,48062, 547

38,09242

48,9942.2

21, 802

13, 285

22,0225,539

17572.4

400

.55286

59,9057,134

67.638.350.2

1.647.92

246,148

24,95152, 228

41,361693

85

19

5957

.39

.16

1.135

.750

.7642,90942, 764

145

29,93124,457

35,1082,534

10,315

.208

.288

25, 2271,155

.041

.047

87, 98859, 040

52,24757

58, 7882.2

26, 496

14, 896

23,8846,866

21894.6

502

.60240

59, 6948,564

83.743.662.0

1.805.92

249, 258

22, 25049,393

46,0551,554

30, 5922,8859, 533

.196

.281

24, 0101,633

.037

.046

87, 95666, 633

55, 59462

51,4061.9

28,081

17,086

24,5887,046

22497.0

517

.60228

53,7037,331

46. g61. S

1.673.92

246,450

22,82654,465

42,4234,468

100

28,4742, 531

10,046

.187

.271

25,3792,118

.033

.041

69,51574, 850

47,95649

45, 5701.1

24, 748

18, 684

24,3506,967

22196.9

425

.60225

43,9558,066

76.245.352.2

1.562.92

258,280

24,33657,932

243665

7074

.48

.23

1.175

.750

.8528, 28128, 209

72

23,11425,737

294366

7373

.47

.22

1.175

.750

.8817,55616,960

596

22,40323,323

5,408

82

4259

6058

.45

.21

1.175

.750

.8511, 85811,136

722

31, 34021, 895

28,9012,131

11,099

.174

.270

30,4792,498

.033

.038

79,17581, 933

37, 67441

55, 7861.6

19,864

14,590

23,7756,386

20387.2

285

.60226

40, 5488,301

83.234.255.5

1.550.91

282, 616

22,44362,837

36, 5324,977

92

233358

5557

.44

.20

1.175

.750

.835,9275,063

864

29,06421, 344

27,3212,225

11,612

.168

.270

34,3322, 625

.032

.038

88, 30080, 097

38, 28255

52,2582.1

25,698

13, 407

23, 7676,788

21795.1

221

.60241

46, 2044,988

89.737.256.8

1.305.90

256,142

23,40669, 747

35, 5105,134

84

233659

5956

.44

.20

1.175

.750

.808,9787,991

987

28, 86522,937

26,4592,095

12,072

.163

.270

34, 2152,794

.031

.037

93, 77382, 272

47, 50367

55, 8912.7

28,156

14,919

23,6596,286

20295.0

351

.60241

32, 6653,402

80.636.848.9

1.201.89

239,864

22,07460,459

33, 2784,864

87

233668

6057

.43

.19

1.175

.750

.809,2818,384

897

22,41317, 521

29, 3261,720

11,892

.175

.276

39. 4754,125

.032

.037

95, 74680, 446

51,14860

61, 6812.1

30, 339

15,768

23, 4297,048

22793.9

45

.60257

38, 9344,254

56.636.338.2

1.182.89

237, 236

20, 24343, 814

24, 9434,451

55

222843

4232

.44

.19

1.175

.750

.804, 6574,032

625

34,84225,118

33,4552,116

10,481

.179

.278

28,1503,510

.037

.039

74, 46380,765

43,00660

58,8473.0

28,700

16,104

23,4176,569

21295.7

8

.50253

41,9105,660

59.242.249.8

1.324.92

234, 523

21,15143, 038

28, 7016.140

62

252942

5335

.49

.20

1.163

.750

.836,8356,544

291

27, 28412, 307

38, 3623,0479,927

.216

.306

27, 3844, 808

.048

.050

88, 27881, 740

55,01868

72, 5653.0

34, 684

15,418

24, 5718,310

268112.3

52

.55249

47,1516, 404

75.446.052.3

1. 586.95

224, 425

20, 24340,125

46, 8983,179

107

314606

.63

.29

1.395

.780

.9317, 63017,415

215

30,19220,079

39,9743,4697,717

. 251

. 345

30, 17S3, S23

.059

. 064

100, 47975, 395

80,78284

140,63288

51, 004

30, 580

25,5419,299

301129.1

366

.GO237

53, 6277,732

74. S53.062.8

2.155.98

218.923

22, 19033,933

58, 68810, 898

134

4453

10002

.70

.32

1. 550

. 925

1.0954,51052, 995

1, 515

34, 25117,820

t For revisions for the year ended July 1932 see p. 20 of the February 1933 issue.§ Data for 1932 revised. For revisions for full year 1932 see p. 53 of the June 1933 issue.

Page 56: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

54 SURVEY OF CURRENT BUSINESS September 1933

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

TEXTILE PRODUCTS—Continued

MISCELLANEOUS PRODUCTS-Con.Buttons and shells:

Buttons:Imports, total§ thous. of gross__From Philippines thous. of gross..

Fresh-water pearl:Production... percent of capacity..Stocks, end of month thous. of gross..

Shells, imports, total ..thous. of lb__Mother of pearl thous. of lb_.

Tagua nuts, imports thous. of lb_.Elastic webbing, shipments thous. of dolls..Fur, sales by dealers thous. of dolls..Pyroxylin-coated textiles (artificial leather):

Orders, unfilled, end of monththous. of linear yd..

Pyroxylin spread thous. of lb..Shipments, billed thous. of linear yd_.

815150

3, 236

3,860

6558

18.08,234

855235

1,053454

2,233

1,5721,4741, 595

9387

30.37,939

751184609518

2,879

1,7851,9591,881

66

39.27,340271219516774

4,016

1,9962,4032,410

5047

46.37.136

356285

1,063850

3,233

2,0962,2162,282

7267

45.27,194

413360599731

1,688

1,7791,8551,783

7764

38.08,025

741214586605

1,275

1,6751,8621,791

8849

40.07,971

684677864663

1,547

2,1752,1211,956

7357

41.37,751

297267

1,356656

1,498

2,1882,3742,128

7158

36.27,3253,255

3941,087

6191,473

1,9922,3332,079

7561

43.27,132

200181865615

2,053

2,6993,0392,781

9874

51.36,938

567549

1,176820

3,288

2, 7533,9203,760

8674

172120

1,9831.0933,663

3,7454,4504,202

TRANSPORTATION EQUIPMENT

AIRPLANESProduction, total .number .

Commercial (licensed) numberMilitary (deliveries) numberFor export . _ _ _ . number_.

AUTOMOBILESExports:

Canada:Automobiles, assembled.._ number..

Passenger cars number. _United States:

Autos and parts, value. (See ForeignTrade.)

Automobiles, assembled, total §..number..Passenger cars § numberTrucks § . . . . number..

Financing:Retail purchasers total thous of dolls

New cars... ..thous. of dolls..Used cars thous. of dolls..Unclassified thous. of dolls..

Wholesale (manufacturers to dealers)thous of dolls

Fire-extinguishing equipment:!Shipments:

Motor-vehicle apparatus... number..Hand types.. number..

Production:Automobiles:

Canada, total numberPassenger cars . . . . . _.number._

United States, total number..Passenger cars , ..number..Taxicabs numberTrucks _ . . ..number..

Automobile rims ...thous. of rims..Registrations, new passenger carst--.number..Sales (General Motors Corp.):

To consumers- number..To dealers, total. dumber..

U.S. dealers . numberShipments, accessories and parts, total t

Jan 1925=100Accessories, original equipment

Jan. 1925=100Accessories to wholesalers Jan 1925== 100Replacement parts Jan 1925 — ]00Service equipment- Jan. 1925=100..

RAILWAY EQUIPMENTEquipment condition:

Freight cars owned:Capacity . . mills, of lb._Number, total thousands

Bad order, total - numberPercent of total in bad order

Locomotives, railway:Owned:

Tractive power mills, of lb._Number, total . . _ number.

Awaiting classified repairs.._number_.Percent of total

Installed— . .number. _Retired number

Passenger cars:

Equipment manufacturing:Freight cars:

Orders, new, placed by railroads cars..Orders, unfilled, total. _ _ cars..

Equipment manufacturers cars..Railroad shops cars.

Shipments, total cars..Domestic cars..

1, 7311,220

9,1285,5463,582

2119, 495

6,5405,322

233,088195,019

438,065

P185,"666"

87, 298106,91892, 546

196,1202,069

316, 43715.4

2,39651, 23811,109

22.123

322

661,187

01,187

165120

8948383

1,4931,308

4,9043,0391,865

44,71724,14919,2251,342

26,016

3413, 331

7,4726,773

109,14394, 678

2714,438

339104,188

32,84936,87231,096

45

37499037

202,8072,157

245, 74911.5

2,45953, 2648,291

16.029

338

251,572

01,572

33

101591824

1,5231,368

4,9372,8932,044

45,06924, 64518,9091,516

22,104

2313,708

4,0673,166

90,32575,898

914,418

22293,457

37, 23030,41924,151

35

24479440

202,1962,149

253,60811.9

2,45853,1928,396

16.262

133

161,404

01,404

4419

118582931

1,6541,108

5,6543,0532,601

38,83721, 55115,9891,297

18,677

2614,453

2,3421,741

84,15064, 735

1319,402

19881,893

34,69430,11723,545

35

22569943

201, 5942,141

262,15312.4

2,44852, 9368,875

17.131

287

49 310

1,2851,275

01,275

11

111482142

2,4162,124

4,2821,7332,549

33,62417,64415,036

943

13,132

1712,089

2,9232,361

48,70235,102

513, 595

23763,195

26,94110,9245,810

39

26859136

201,3262,138

268,17012.7

2,44452, 7919,190

17.847

193

02,465

02,465

00

98342044

1,3381,163

3,1151,7621,353

27,72713,98112,834

913

11, 774

1411,695

2,2041,669

59,55747, 293

23912,025

45544,358

12,7805,7812,405

45

36738631

201, 0552,134

265,23912.6

2,43952, 6509,316

18.032

173

22,398

02,398

1212

125374939

1,090833

4,9782,7572,221

27.02514,09112,174

760

20,131

2110,047

2,1391,561

107,35385,858

29121, 204

55945,683

19,99253,94244,101

51

48547628

200,5472,127

266,06612.6

2,43552,4909,558

18.536

196

48,988

502,431

502,381

1514

87352725

475289

10,1437,0593,084

° 31, 285«18,329«12,177

779

30,134

1410, 749

3,3582,921

130,044108,321

521,718

72779,821

50,65382,11772,274

51

46468436

200, 2502,123

266, 59412.7

2,43252,40110,014

19.431

120

32,223

12,222

33

92213041

256169

8,6575,5213,136

° 29,193°16,843<* 11, 729

621

37, 515

2411,841

3,2983,025

106,82591,340

15215,333

58069,464

42,28059,61450,212

50

45408434

198,9972,106

269,37812.9

2,42852, 23710, 290

20.057

221

01,974

01,974

1515

119444530

1,6011,558

8,0565,5282,528

«33,552« 19,464« 13, 341

748

27, 706

2812,870

6,6325,927

117,94999, 225

66018,064

34778, 741

47,43658,01845,098

41

33428732

198,6522,101

274,36813.2

2,42352,08110, 545

20.641

197

48,599

61,873

01,873

99

106622717

1,256936

8,3185,6622,656

« 45, 341«28, 226« 16, 111

1,005

40, 841

3112,415

8,2556,957

180, 667152, 939

41127, 317

898119,909

71, 59986, 96774, 242

64

5946

10638

198,1582,095

286, 98713.8

2,42252, 02010, 743

21.244

105

501,561

01,561

00

122663521

2,6902,194

7,5385, 0932,445

c 58, 200a 37,475

19, 4351,289

55,006

1816, 401

9,3968,024

218,303184, 644

5433, 605

9381C0, 242

85,96998, 20585, 980

71

6456

11850

197, 6642, OSS

303,75814.7

2,41051, 65411,103

21.943

410

81,205

01,205

33

143784817

2,2471,805

7,2354,7572,478

65, 51443,00421,182

1,328

56, 938

2522, 642

7,3236, 005

253, 322211,448

3541,839

1,015174,190

101, 827113,70199, 956

81

7399

12950

«196, 7332,077

316,10715.4

« 2, 407° 51,537

11,20322.2

89355

5001,205

01, 205

22

• Revised.§ Data revised for 1932. For revisions for full year 1932 see p. 54 of the June 1933 issue. .t Revised series. See p. 19 of the August 1933 issue for earlier data on fire extinguishers and passenger-car registrations. Earlier data on accessories ana parts not

published.v Preliminary.

Page 57: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

September 1933 SURVEY OF CURRENT BUSINESS 55

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1932

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

TRANSPORTATION EQUIPMENT—Continued

RAILWAY EQUIPMENT—Continued

Equipment manufacturing—ContinuedLocomotives, industrial electric (quarterly):

Shipments, total .number..Mining use number..

Locomotives, railway:Orders, new, placed by railroads.number..Orders, unfilled, end of month-

Equipment manufacturers (Census)total _..number__

Domestic, total ..number..Electric number..Steam ..number..

Railroad shops (A.R.A.) number..Shipments:

Domestic, total _ number..Electric. ...number..Steam ...number..

Exports, total § .number..Electric§-. ...number..Steam .number..

Passenger cars:Orders, new, placed by railroads.number..Orders, unfilled (end of quarter).number..Shipments, total number..

Domestic number..

ELECTRIC TRUCKS AND TRACTORS

Shipments, industrial, total .number..Domestic number..Exports .number..

SHIPRUILDING

United States:Merchant vessels under construction

thous. of gross tons..Completed during month..total gross tons..

Steel ....total gross tons..World (quarterly):

Launched:Number ships..Tonnage thous. of gross tons..

Under construction:Number ships..Tonnage thous. of gross tons..

5,264319

120114113

1

16128, 33827,150

111105104

15

1472,697

240

9410,2739,601

53188

192901

8722, 79519,834

1839,179 7,6

5,8

18

58213

203766

2215,94413, 741

249,3388, 531

38

14 j41,21337,537

232741

2,8851,578

189,4747,246

26

71686621

000

11

52520

352,794

35

8379

209732

CANADIAN STATISTICS

Business indexes: *Physical volume of business 1926=100..

Industrial production, total .1926=100..Construction .1926=100-.Electric power... 1926=100.Manufacturing 1926=100-

Forestry ..-.1926=100.Mining.. 1926=100-

Distribution... 1926=100.Carloadings 1926=100-Exports (volume) 1926=100.Imports (volume) 1926=100.Trade employment.. __ 1926=100—

Agricultural marketings 1926=100.Grain marketings. __ 1926=100..Livestock marketings 1926=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-

Finance:Banking:

Bank debits mills, of dolls..Exchange. (See Finance.)Interest rates. _ 1926=100..

Commercial failures number-Life insurance, sales of ordinary life (15 cos.)

thous. of dolls. _Security issues and prices:

New bond issues, total thous. of dolls..Corporation thous. of dolls..Dominion and provincial

thous. of dolls. .Municipal thous. of dolls..Railways thous. of dolls..

Bond yields .percent-Common stock prices, total 1926=100—

Banks.. .1926=100..Industrials .1926=100-Utilities 1926=100-

84.182.634.0

160.788. 287.078.388.462.671.559.7

111.9136.3148. 581.2

77.870.584.578.283.093.1111.5111.880.5

3,528

30, 255

74,9580

68, 3505,6081,0004.6383.379.6118.358.5

78.374.239.4

129.076.955.983.489.660.562.963.2

115.9135.9147.982.1

80.866.688.793.385.495.0119.9115.485.9

2,176

110.6249

34,469

27,9721,350

21,1505,472

05.3049.667.156.641.8

78.173.637.1137.175.559.684.890.464.363.063.8115.3196.6222.679.9

81.466.886.390.082.694.8117.0113.885.3

2,116

103.3253

28,370

59, 529360

55,9803,189

04.9559.073.969.951.9

77.171.931.5128.074.360.589.591.368.164.664.7114.3189.0213.977.1

81.166.986.084.483.196.5119.4113.186.5

2,098

101.9246

25,207

71,103180

68,3502,573

04.8863.076.173.856.9

75.370.430.7127.870.664.799.388.859.866.467.5113.783.887.467.4

80.465.086.784.384.198.2109.8114.587.2

2,367

98.1295

29,858

106,046125

104,2751,646

04.7054.874.463.149.1

75.871.839.4134.472.365.886.486.960.147.370.6111.662.359.574.5

80.464.884.777.981.7

101.2106.5115.484.5

2,466

102.3301

34, 003

45,094825

35,0009,269

04.9053.469.662.546.6

72.667.719.5

131.370.260.090.586.158.447.559.8

113.459.156.670.3

80.064.083.267.680.399.9

103.7117.883.9

2,085

102.7273

33,483

1780

0178

04.9261.367.558.445.1

68.162.225.2

131.662.263.480.584.356.156.652.4

111.556.152.571.9

79.763.978.558.574.496.9

102.2119.678.3

99.2279

29,367

19,9870

19,000987

04.7551.667.559.644.6

67.060.920.3

136.158.759.894.283.857.949.650.8

110.976.575.979.4

79.063.677.056.275.094.0

104.2109.475.0

98.7

26,323

4250

0425

04.7347.665.556.338.6

68.462.516.1

134.462.760.791.484.861.851.150.0

110.5129.0140.277.8

78.464.476.956.575.894.6

102.9107.374.1

1,887

100.0

29,763

731625

0106

04.7947.362.357.338.2

69.865.120.6

134.967.063.781.982.959.447.944.2

110.1104.1109.779.2

78.665.476.054.776.091.4

102. 5107.674.2

1,877

101.3

29, 770

10, 7070

0L0, 707

04.8551.959.867.538.5

76.472.714.1

138.977.475.793.486.762.966.654.8

110.395.498.382.5

77.6"6.977.660.876.889.999. 9

108.678.9

2,650

98.1

30, 497

11,173485

7,8152,873

04.7063.764.685.847.2

82.279.819.6

149.085.779.295.088.966.865. 356. 7

112.2221.9252. 5

«77.667.6SO. 767.880.091.4

106.2109.179.0

2,982

97.1

32,398

122,8921,110

117,7444, 308

04.6574.772.7

103. 653.8

• Revised.• New series. For earlier data see p. 18 of the February 1933 issue.§ Data revised for 1932. For revision for full year 1932 see p. 55 of the June 1933 issue*

Page 58: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

56 SURVEY OF CURRENT BUSINESS September 1933

Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1933

July

1933

July August Septem-ber October Novem-

berDecem-

ber

1933

January Febru-ary March April May June

CANADIAN STATISTICS—Continued

Foreign trade: .Exports- . thous. of dolls..Imports —thous. of dolls..Exports, volume:

Automobiles- (See Transportation Equip.)Newsprint. (See Paper and Paper Prod-

ucts.)Wheat —thous. of bu._Wheat flour - .thous. of bbl._Trade with U.S. (See Foreign Trade.)

Railway statistics:Carloadings thous. of cars..Financial results:

Operating revenues.- thous. of dolls..Operating expenses .—thous. of dolls..Operating income thous. of dolls..

Operating results:Freight carried 1 mile mills, of tons . .Passengers carried 1 mile

mills, of passengersCommodity statistics:

Production:Automobiles. (See Transportation Equip.)Electrical energy, central stations

mills, of kw.-hr..Pig iron thous. of long tons. .Steel ingots and castings

thous. of long tons. .Livestock, inspected slaughter:

Cattle and calves thous. of animals..Swine thous. of animals..Sheep and lambs. _.—thous. of animals..

Newsprint. (See Paper and Paper Prod-ucts.)

Silver. (See Finance.)Wheat, visible supply. (See Foodstuffs.)

Wheat flour thous. of bbl . .

51,86635, 738

16, 374493

163

1,44332

49o

8819172

43,03235,711

19, 620446

157

22,97021,0531,027

1,569

147

1,1567

28

7319264

1,202

41,85536,527

18,290330

176

23,10021,922

268

1,572

138

1,230'6

27

7918986

1,272

42,66534,504

26,874385

216

28,98822,2545,949

3,043

122

1,2796

23

82166101

1,385

57,16037,095

40,192529

212

28,19020,8396,385

2,607

96

1,3907

17

78189148

1,722

46,62137,769

27,302577

193

24,27619,3084,057

2,181

90

1,44814

37

80250119

1,943

43,10928,961

27,736492

153

21,90219,4341,904

1,740

130

1,43327

31

6026849

1,010

32,00024,441

14,707397

134

17,64318,528

d 1,813

1,388

95

1,39729

41

7124749

859

26,81423,514

10,922333

133

16,78817,881

<*2,073

1,302

88

1,3006

12

6522036

845

37,16132,851

14,816490

157

20,61219,161

520

1,712

97

1,3710

11

8925042

1,005

20,31220,457

4,460234

138

19, 53018,072

351

1,413

105

1,2950

°i i

9723230

1,013

46,10932,927

21,465565

161

21,44719,2981,136

1,529

100

1,3490

23

11627930

1,334

46,47233,619

16,999545

176

1,3711

32

9123556

1,186

Revised. d Deficit.

CHANGES IN STATISTICAL SERIES MADE SINCE PUBLICATION OF THE 1932 ANNUAL SUPPLEMENT

DATA ADDED IN DECEMBER 1932 ISSUEPage

Fairchild retail price index - 24World prices, foodstuffs and raw materials.— 24Chain-store sales index... 26Department-store sales, Philadelphia _ 27Factory employment, Baltimore, Milwaukee,

Maryland, and Massachusetts.. - — 28Miscellaneous employment:

Civil service, United States— 28Trade union members employed, by groups 28

Factory pay rolls, Baltimore, Milwaukee, Phila-delphia, Maryland, and Massachusetts._._ 29

Hourly earnings, United States (National Indus-trial Conference Board)..- -,. 29

Weekly earnings, factory, Massachusetts- „ _ 30Net gold imports, including gold released from

earmark ,. 32Pyroxylin rods, sheets, and tubes, production,

shipments — - 38Residual fuel oil, production and stocks 43Gas oil and distillates, production and stocks 43Convection type radiators, new orders. 46Plumbing fixtures, wholesale pr ice . . . 46Plumbers' brass, shipments.. 49Tin and terne plate, production 47Tin consumption in manufacture of tin and terne-

plate , - 48Mechanical stokers, new orders 48Rubber heels and soles, total shipments 51Illuminating glassware, new orders, production,

shipments, and stocks 52Gypsum, imports, production, and shipments 52Auto accessories and parts, composite index of ship-

ments 54Canadian statistics, electric-power production

index 55

DATA ADDED IN THE JUNE 1933 ISSUE

Building costs, all types (American Appraisal Co.). 25Factory employment, Chicago 28Nonmanufacturing employment—banks, broker-

age houses, etc.; dyeing and cleaning; and laun-dries. - 28

DATA ADDED IN THE JUNE 1 9 3 3 I S S U E -Continued

PageMiscellaneous employment—Federal and State

highways, construction and maintenance. 28Factory pay rolls, New York and Chicago 29Nonmanufacturing pay rolls—banks, brokerage

houses, etc.; dyeing and cleaning; and laundries. 29Bond prices, U.S. Government (Standard Statis~

tics).. 33Airplane travel, passengers carried, passenger miles

flown . . . _ 35Lard compound, wholesale price, tierces, Chicago. 37Lard, refined, wholesale price, tierces, Chicago 41Leather production (Tanner's Council) 43Household furniture, plant operations, all dis-

tricts —,-_^-_.?__ 45Rope paper sacks, shipments. *•_ 50Face brick, machine production 51

DATA DROPPED IN DECEMBER 1933 ISSUE f

Industrial production indexes: Copper (mined),metals, nonferrous. . . . 22

Stock indexes, world copper stocks 23Construction volume (A.Q.C.) _ 25Factory operations, proportion full time worked,

miscellaneous group — 28Applicants at employment agencies, Western

States -• 28Methanol, stocks:

At crude plants 36At refineries and in transit 36

Pine-oil stocks 36Paints, varnish, and lacquer products, unclassified

sales, 315 establishments 38Milk, condensed and evaporated, total exports,

production, and stocks 39Gas and fuel oil, production and stocks (combined

series) 42Hides and skins, stocks, all series 43Sole and belting leather, production, stocks, all

series — 43Upper leather, production, stocks, all series 43Walnut lumber, orders, production, shipments,

and stocks - 44

DATA DROPPED IN DECEMBER 1933ISSUE—Continued

North Carolina pine, production and shipments— 44Iron and steel, boilers (round and square) and radi-

ators, new orders — _. 46Enameled sanitary ware, baths, lavatories, sinks,

miscellaneous, all series. _ 46E nameled sheet-metal ware, shipments 46Plumbing fixtures, wholesale price 46Mechanical stokers, large (see new series) new

orders 48Copper:

Production, all series 48Shipments, domestic, refined __ 48Stocks (North and South America), blister and

refined— — _ _ 48Porcelain, nail knobs, tubes, shipments 49Galvanized sheet-metal ware, all series.. 49Newsprint, production, percent of capacity 50Binders' board, production 51Glass containers, unfilled orders , 52Illuminating glassware, orders, production, ship-

ments, and stocks. (See new series).. . 52

DATA DROPPED IN JUNE 1933 ISSUE t

Farm products—price index of dairy and poultryproducts— __ . - „ . 23

Building costs, by types of construction (AmericanAppraisal Co.).... __ _ 25

McLellan 5- and 10-cent stores (sales and stores)— 26Hours of work per week in factories, nominal or

full-time week (National Industrial ConferenceBoard) 28

Unemployment, applicants, at employmentagencies - _•— _ 29

Gold, held under earmark for foreign account 32Bond prices, domestic, U.S. Liberty (N.Y. Trust

Co.) , _._.. 33Rope paper sacks, shipments ^ _ 50Scrap rubber, stocks at reclaimers 50Face brick production (brick drawn from kilns) . . 51Glass containers, net new orders . - . - . . „_„ 51Cotton textiles, production, shipments, stocks, etc. 53Wool machinery activity, sets of cards 53

f Pages refer to those upon which series were last shown in the November 1932 and May 1933 issues.

Page 59: Survey of Current Business September 1933 · survey of current business september 1933 business indicators 1923-25 = 100 160 industrial production •total (adjusted) 160 factory

INDEX TO MONTHLY BUSINESS STATISTICSPage

Abrasive paper and cloth . 50Acceptances, bankers' 30Accessories, automobile.. 54Advertising, magazine, newspaper, radio. 25,26Africa, United States trade with __ 34Agricultural wages, loans _._ 30Air-conditioning equipment.__-_ _ _ _ _- 47Air mail -———I- 26Airplanes.._______ . 35,54Alcohol, denatured, ethyl. methanoL •____ 36Aluminum. . 48Animal fats, glues, greases 36,37Anthracite industry 22,29,42Apparel, wearing 29,52Argentina, United States trade with; ex-

change; flaxseed stocks 32,34,37Asia, United States trade with 34Asphalt _ . _ . _ 43Automobiles _ __ 22,27,28,29,54

Babbitt metal 48Bank suspensions 31Barley _ _ _ . _ - . . . . 39Bathroom fixtures 46Beef and veal _ 40Bituminous coal 22,28,29,42Boiler and boiler fittings 46Bonds, prices, sales, value, yields . 33Book publication , 50Boxes, paper, shipping... 50Brass 49Brazil, coffee; exchange; United States trade

with 32,34,41Brick 51Brokers' loans. 30Bronze 49Building contracts awarded-..----.-..: - 24,25Building costs- _ . 25Building materials.——___._- 24,25,44,46,47,51Business activity index (Annalist) . . 22Business failures . . . . 31Butter 39Canadian statistics 55,56Candy 41Canal traffic 35Capital issues_ ' . — . , ..-. 32Carloadings___ 22,34,35Cattle and calves.. _ . . ; .__ 40,43Cement ___ 22,27,29,51Chain-store sales 26,27Cheese_ _ - . _ _ _ _ _ _ - . 39Chile, exchange; United States trade with—. 32,34Cigars and cigarettes. - 42Civil-service employees 28Clay products 23,24,27,28,29,51Clothing _ 24,25,27,28,29,52Coal _ 22,28,29,42Cocoa . 41Coffee __ _ — _ . 23,41Coke.. 42Collections, electrical trade 26Commercial paper _. . . . 30Communications... . . . . . 35Construction:

Contracts awarded, indexes... 24Costs 25Highways . . . _ . . 25Material costs 25

Copper 48Copper wire cloth.. . _ . . . 49Copra and coconut oil 37Corn 39Cost-of-living index 23Cotton, raw and manufactures... . . . 23,52Cottonseed, cake and meal, oil 37Crops _ 23,37,39,40,52Dairy products . . . , 23,39Debits, bank 30Debt, United States Government 32Delaware, employment, payrolls 28,29Department-store sales and stocks 27Deposits, bank. 30Disputes, labor 29Dividend payments . - 33Douglas fir 44Earnings, factory 29,30Eggs 23,41Electric power, production, sales, revenues 22,38Electrical energy, consumption index . . . 22,23Electrical equipment 48,49Electric railways 34Employment-

Cities and States _ _ . 28Factory, Federal Reserve Board indexes 27,28Nonmanufacturmg 28Miscellaneous data 28

Emigration 35Enameled ware . 46Engineering construction 25England, exchange; United States trade with. 32,34Exchange rates, foreign 32Expenditures-. United States Government 32Explosives..- 36Exports.. . . 34Factory employment, pay rolls, operations__ 27,

28,29,30

PageFactory operations, proportion of full time

worked.. . 28Failures, bank; commercial 31Fairchild retail price index 24Fares, street railways 34Farm employees 28Farm prices, index 23Federal Government, finances.- 32Federal-aid highways . 25,28Federal Reserve banks, condition of.— 30Federal Reserve member bank statistics 30Fertilizers 36Fire-extinguishing equipment 54Fire losses _ _ . 25Fish and fish oils 37,41Flaxseed 37Flooring, oak, maple, beech, and birch . 44Flour, wheat . . . 40Food products— 22,23,27,28,29,39,40,41Footwear • 44,51Foreign trade, indexes, values 34Foundry equipment 47France, exchange; United States trade with. 32,34Freight cars (equipment) 27,54Freight carloadings, cars, indexes 34,35Freight-car surplus 35Fruits _ _ 23,39Fuel equipment . 47,48Fuels _ _ . 42,43Furniture • 45,47Gas, customers, sales, revenues 38Gas and fuel oils . . . 42,43Gasoline 43General Motors sales 54Glass and glassware 22,27,28,29,52Gloves and mittens 43Gold."__ . _ 32Goods in warehouses 26Grains 23,24,39,40Gypsum 52Hardwoods 44Heels, rubber _ . 51Hides and skins 43Hogs 40,41,43Hosiery . . . _ 52Hotels _ _ . . . . 28,29,35Housing 23,25Illinois, employees, factory earnings 28,29,30Imports ; 34Income-tax receipts : 32Incorporations, business 26Industrial production, indexes 22Installment sales, New England 27Insurance, life . 31Interest payments 33Interest rates 30Investments, Federal Reserve member banks - 30Iron, ore; crude; manufactures 22,45,46Italy, exchange; United States trade with-. 32,34Japan, exchange; United States trade with.. 32,34Kerosene 43Labor turnover, disputes 29Lamb and mutton '. 41,43Lard _ 41Lead 48Leather. . . . . . . . 22, 23, 24,25,26, 27,28,29,43Leather, artificial 54Liberty bonds.. 33Linseed oil, cake, and meal 37Livestock _____ 23,40,41,43Loans, agricultural, brokers', time; 30Locomotives - 54,55Looms, woolen, activity 53Lubricating oil__ 43Lumber 22,23,24,27,28,29,44,45Lumber yards, sales, stocks 44M achine activity, cotton, silk, wool 53Machinery 25,26,27, 28,29,34,47,48,49Machine tools, orders, shipments 48Magazine advertising 25,26Manufacturing 22Marketing, agricultural, forest products 23Maryland, employment, pay rolls. 28,29Massachusetts, employment, pay rolls 28,29Meats... __ 40,41Metals 22,23,27,28,29,45,46,47Methanol _ — . _ 36Mexico:

Petroleum production and exports 42Silver production •___. 32United States trade with 34

Milk _ . . - 39Minerals 22,42,45,48Money in circulation 32Naval stores 23,36Netherlands, exchange 32New Jersey, employment, pay rolls 28,29Newsprint 50New York, employment, pay rolls, canal

traffic 28,29,35New York Stock Exchange 30,33Notes in circulation.__ 30Oats 39Oceania; United States trade with 34Ohio employment 28

PageOhio River traffic 35Oils and fats. . . : 36,37Oleomargarine 33Orders, indexes, new and unfilled ; 23Paints 38Passengers, street railways; Pullman 34,35Passports issued _ 35Paper and pulp . . . . 22,23,24,27,28,29,49,50Pay rolls:

Factory, Federal Reserve Board 29Factory, by cities and States 29Nonmanufacturing industries . 29

Pennsylvania, employment, pay rolls.. 28,29Petroleum and products....__ 22,27,28,29,42,43Pig iron 22,45Pork __ 40,41Postal business : ; 26Postal savings 31Poultry ; 23,41Prices:

Cost of living, indexes 23Farm/indexes ___• 23Retail, indexes.. : 24Wholesale, indexes.-. 24World, foodstuffs and raw material 24

Printing j 50Production, industrial.. ': 22Profits, corporation 35Pyroxylin products _- - 38Public finance _; „ 32Public utilities _ .__ 28,29,34,35,38Pullman Co. . . :_-__ ,_-.: 38Pumps 42Radiators _______ 46Radio, advertising 25Railroads; operations; equipment; financial

statistics : 34,35,54,55Railways, street 34Rayon 53Real-estate market activity 25Registrations, automobiles 54Rents, index 23Retail trade:

Chain stores:5 and 10 26,27Grocery 27Restaurant _ 27

Department stores— 27Mail order ; 27

Roofing 38Rice . — 39,40Rubber, crude; scrap; clothing; footwear;

tires __ 22,23, 24, 27,28, 29,50,51Rye — 40Sanitary ware . 46Savings deposits : 30Sheep and lambs 41Shoes_._ _ 22, 24,25,26,27, 28,29,44Shipbuilding 22,27,28,29,55Silk _ 23,53Silver _ 22,32Skins— _ — 43Softwoods _ . _ 44,45Spain, exchange. . 32Spindle activity, cotton 53Steel, crude; manufactures 22,46,47Stockholders- 33Stock indexes, domestic and world 23Stocks, department stores .— 27Stocks, issues, prices, sales, yields 33Stone, clay, and glass products— _ 22,23,28,51,52Sugar _ 23,41Sulphur..... . 36Sulphuric acid . 36Superphosphate 36Tea____ _, 23,41Telephones and telegraphs 35Terneplate . — 47Terra cotta 52Textiles, miscellaneous products 53,54Tile : . — 52Timber 44,45Tin and tin plate _ ___ - 23,48Tires 22, 24, 27, 28, 29,51Tobacco 22, 25,26, 27, 28, 29, 42Tools, machine 48Trade-unions, employment 28Travel 35Trucks and tractors, industrial electric 55United Kingdom, exchange; United States

trade with _ . 31,34Uruguay, exchange 32United States Steel Corporation 30,33,47Utilities 28,29,32,34,35,38,55Vegetable oils . . . 37Vegetables 23,39Wages 29,30Warehouses, space occupied 26Waterway traffic - 35Wheat and flour 23,40Wholesale prices 24Wisconsin, employment; pay rolls 28, 29Wood pulp 49Wool _ _ _ - . _ 22,23,53Zinc _ 22,48