APRIL, 1932 SURVEY OF CURRENT BUSINESS
UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE WASHINGTON
VOLUME 12 NUMBER 4 Further aids in distribution
In the recent survey of wholesale and retail distribution of hardware and related lines in the Gulf Southwest, by the Bureau of Foreign and Domestic Commerce, three methods of determining what products to carry were found in vogue: General or local market analysis, system atic study of retail dealer requirements,. and "want lists."
The report of this survey, prepared in the domestic regional division, follows reports of previous studies of the distribution of dry goods, cotton production and distri bution, and the petroleum industry of the Gulf South west. It illustrates the Bureau's services, not only in furnishing basic data for investigations (in the SURVEY OF CURRENT BUSINESS) but al8o the findings of detailed marketing research and personal conferences.
You already are familiar with the scope of the foundation material found in the SURVEY. An announcement of the published results of the investigation of hard ware distribution in the Gulf Southwest appears on the last cover of this issue. Volume 12 APRIL, 1932 Number 4
WEEKLY DATA THROUGH MARCH 19, 1932 MONTHLY DATA THROUGH FEBRUARY
SURVEY OF CURRENT BUSINESS
PUBLISHED BY
UNITED STATES DEPARTMENT OF COMMERCE WASHINGTON
CONTENTS
Pa~e Monthly business indicators ______-- ______-----______2 Business situation summarized______3 Finance ______. ______4 1932 in comparison______6 Commodity prices ___ . _.. ______. ______7 Employment _____ . ______- ______. ______8 Domestic trade ______. ______9 Foreign trade ______------10 Transportation ______11 Construction __ . ______. ____ . ______. ______12 Agriculture ______. ______. ______13 Iron and steel industry ______. ______. __ . ______14 Chemical industries ______.______15 Automobile and rubber industries ______------16 Textile industry______17 Food industries ______.______18 Forest products ______19 New and revised series-Security movements, New York Stock Exchange______20 Weekly business statistics______21 Monthly business statistics (Index) ______------22
Subscriptlou price of the SuaVEY Ol' CuRRENT BusiNESs is $1.50 a year which includes the 12 monthly numbera, the annual supplement, and the 52 weekly aupp~eme-nts; single copies (monthly), 10 cents; annual supplement, 25 cenu. Foreign aubacriptiona without weekly tupple~ menta, ~2.50; single copies (monthly issues)) including postage, l-' cents; annual supplement, 36 cents. Make remittances only to Superintendent of Documents) Washington. D. C .• by postal money order, exptess order, or Ne\v York draft. Currency at Sender'• ri•k~ Postage &tamps or foreign money not accepted
1095/Q-32--1 1 2 SURVEY OF CURRENT BUSINESS April, 1932 Monthly Btisiness Indicators 1923-1925=100
INDUSTRIAL PRODUCTION
FACTORY EMPLOYMENT FACTORY PAYROLLS IGOr---~r---~----~----~-----·
FREIGHT CAR LOADINGS L.C.L.
WHOLESALE PRICES
VALUE OF EXPORTS VALUE OF IMPORTS
1925 1929 1930 1931 1932 1928 1929 1930 1931 1932
5 ADJUSTED FOR SEASONAL VARIATION April, 1932 SUHVEY 0!.;' CURRENT BUSINESS 3 Business Situation Summarized
ALTHOUGH the volume of produdion and dis Employment in manufacturing industries increased £\.. tribution showed further shrinkage in February in February by les:; than the normal seasonal amount, and early March after allowing for seasonal variation, while the index of factory pay rolls, for the first time there has been a noticeable revival of confidence fol in nearly n year, showed a distinct gain. Nearly lowing upon evidence that recent financial measures half of the 8!) manufacturing industries from which have been effective in CfLUsing a sharp reduction in the reports are receiYed reported increased employment, number of banking failures and a return of hoarded conspicuous gains being recorded in textilea, apparel, currency to the banks. In addition to these effects, shoes, nntomobiles, agricultural equipment, railroad financial relief has been evidenced in greater stability ears, pottery, glaas, furniture, and fertilizers. Nearly of ,dwlesale prices during the past few weeks, and eas all of the nonmnnufacturing industries reported small ing of money rates, although liquidation of banking decreases in employment, accompanied in most in assets has continued. stances by similar declines in pay rolls. Productive activity was somewhat higher in Feb Movement of freight by rail was slightly larger in ruary, but the increase fell short of the usual seasonal February than in January, although by less than the gain for the month. The adjusted index of factory usual seasonal amount, so that the adjusted index of production declined more than 1 per cent and was 19 freight car loadings declined 5 per cent. Rail ship per cent below the level of a year earlier, but mineral ments of merchandise in less-thnn-cttrload lots were production, after allowance for normal seasonal virtually unchanged in volume, whereas they usually change, was at the same level as in January. increase about 4 per cent at this season. The dollar Production of textiles, apparel, shoes, und other volume of department store sales increased seasonally consumption goods was relatively well maintained in in February, but remained at a level about 14 per cent February as in other recent months, while industries below that of the same period in 1931, n. decline which producing industrial materials and equipment con is partially attributable to substantial price reductions tinued sharply curtailed. Building operations con during the past year. Merchandise exports increased tinued at low ebb, with the adjusted index of contract nearly 3 per cent above the January total, although awards declining by morr thun 10 per cent from they usually decline in February, while imports January to February. showed nbout the normal seasonal decrease.
MONTHLY BUSINESS INDEXES
Industrial produt·- Factory em- !!I !i Department[! Foreign :·•II tl ploymeut :, t'reight •·at· loadings 'I store sales, , trad<', ; ;;!:~ Wholesale prices ! on and pay roDs:! i' value i value ·I , i .. ·- I I ·-:i· !:----~;-- ---, 'C ~ ';~ I 1 ~ ~ ~ 'l'otal Merchan- ;1 !! il ] ~ :: ~; ~ ,[ •- ;f ~ 'a.- ~:= II •I d~s~l~c~l·__ j ' I 'I g:: w ~ 1 I ..., _
; j: - i fi i •I i· I II;; Ill Y<'ar and month ~~ ~~ I[.,~ !~ .. :,. ~~ i :~ :; ... = ... = I "' I "' i ., i IIi. I ~~ i ~ = I - = = .... ~ Q:; !i ii .e I ~ I - .s - ~ ~co ,. -=a ; Si : ~ ; ; I' ~ ~ II ~ I I ~ ~ II ,!) ~ ., \: ~ ... :\ ~a l a = § ~ = 11 ~ = II ~ = ~ = fl s i i • :5! I eg I e !'g ... z ~ ~ --' 3j_! __L_~ ~~ ~ il S: I .§___c __ ~_ ~~-~--~~-8 ! ~ ot~
Monthly average 1923-1925=100 :I Monthly average I__ - I 1930: Fehruary ______j 1071 107 : 108 98 V9 i 98 108 X; I! 101 891 n; ~~- a~ir'-;~::;:~-~-- 8~~0 1931: ' 91 I[ I' ' ;, ' February ______: 86! I 86 ! 86 78 73 74 80 87 s9 1 98 59 54 I' 86. 6 79 'II 76.8 70. I i 78.3 Ma~ch ______: s7 i 87 I 89 78 75 75 ' 80 ~9 ~g! 97 62 65 'I 98. 4 77 76. 0 70. 6 I 77. 2 Apn1 ------8887' 87 91 78 74 771 80 91 ~~ il 101 ' 106 57 .>8 i 99. 5 73 i 74.8 70. 1 I 75. 9 86 87 78 72 ~~ i 79 92' 89 I' 97 54 56 1 95. 6 65 n. 2 67. 1 : 75. 1 1 ..,.- I ;lZI ~~L-~::::::::::::::::::: 83 I 82 86 76 tiS 77 ~9 89 :1 95 49 55 98.4 63li 72.1 65.4 i 74.1 July______821' 86 75 64 78 1 76 b7 88 il 65 91 48 M II 93.5 61 II' 72.0 64.9. 73.9 August.______78 ~~ i 79 74 64 76 ! 72 86 67 88 43 .)2 II· I, 83.8 59 ! 72. 1 63. 5 i 74. 2 September______76 75 i 77 i3 62 69 88 86851 1.'1 87 84 . 48 53 84. 3 59 i 71. 2 60. 5 ! 73. 9 October. ______. 73 711 S4 70 59 ~~ ; 69 87 83 . 93 86 54 52 ~~ 91. 9 55 I 70. 3 58.8 i 72. 9 November______i3 1 71' 81 69 56 68 85 97 83 51 ' 74. 0 49 ! 70. 2 58. 7 ' 73. 4 December ______, 74 . 10 1 461 72 i 85 u9 .)(;' 61 ' 69 77 ~~ i1 142 81 40 : 47 86.7 38] 68.6 55.7 72.3 1932: : 11 ! i JanuarY------. ~211 70 i 77 68 52 ! 56 i 65 75 67 78 ~0 ' •12 80. 6 31 i 67. 3 52.8 71. 7 1-'ebruary______, , 54 I SL i 0 69 1 n tiS .;91 62 75 78 i~.[' 69 79 Hi u i 65.2 27 66.:! 50.6 71.3 Monthly average, January ' I I' ' i ! 10\! U5 89: 108 89.3 106 ~6 ' 100 92 ' 119. 7 92.0 II 99.5 80 I I II ~h~~g:~ :~~~;~:~r!:~::::::::::i ~~~ ~~~ s4 1 87 78 71 uo74 1------98 63 98.3 77.5 71.6 78.7 l1932 ______•• _ 71 ~~ :::::::!1 56'1 71 5 10 77 68 53 : 59 ------75 -----·-1 68! 79 41 1 42 ' n. 9 66.8 51. 7 i I I i • Adjusted ror seasonal variation. • Adjusted for number of working days. 4 SURVEY OF CURRENT BUSINESS April, 1932
Finance-Credit and Banking ANKING conditions have undergone distinct im which again assumed large proportions in .January and B provement during the past month as a result of February, has more recently shown a tendency to remedial legislation designed to halt the rapid deflation subside and under the provisions of the recently of bank credit, and arrest hoarding and bank failures. enacted legislation the free gold stocks have been Since the enactment of the Glass-Steagall bill, bank augumented in order to meet any further demands failures have been reduced to an average weekly from foreign sources. number of 12, compared with the monthly total of Federal reserve credit outstanding underwent further 342 in January and 115 for the full month of February. reduction during February and the first three weeks of Concurrently, there has been a reversal in the trend March. The decline has resulted from the reduction of money in circulation with a decline in the weekly in bill holdings of the member banks which has been circulation figures for the past six weeks. The impor partially offset by increased holdings of government tant influence of bank failures on the curve of money in securities. Government securities held are currently rirculation has been amply demonstrated over the $208,000,000 above a year ago. Total reserve credit past year and a half and the reduction in the circulating outstanding for the week ended March 19, was media reflects this decline in suspensions, as well as the $222,000,000 under the total at the end of January, organized efforts to arrest hoarding. but $718,000,000 in excess of a year ago. Liquidation of bank credit has not yet been halted, Bank debits tended downward in February, and, despite the various aids extended to the banks. Loans while the weekly figures for March have moved eratic on securities of reporting member banks declined ally, they continue around the February level. Febru throughout February and the first three weeks of ary debits outside New York were 25 per cent below }.'larch, and the total of such accommodations is the same month of last year, or slightly less than the currently about 28 per cent below a year ago. Similar percentage decline in January. While part of the fall ly, the commercial loans, as represented by the "all has resulted from the lowering of prices, the figures other" category, have continued to experience a reflect a continued shrinkage in the volume of trans weekly recession of important proportions. Both of actions. these movements have be.en aceompanied in recent The upward trend of postal savings, which has been months by a continued shrinkage in the investment particularly rapid in recent months, resulted in a portfolios of the member banks, although an increase February total 134 per cent above a year ago. The in mid-March was reported as a result of the treasury actual gain for the month was smaller than for the finanring. The gold movement from this rountry, two months immediately preceding.
CREDIT AND BANKING STATISTICS
---~~--·------·------~----
11'1 Reporting - member •I'· I[1: g,..O"~.. Rli ~~--~~:~ --~-- Bank debits I, banks Wednesday : ('ondltion of Federal reserle banks . Total II ~o~~~~ to end of 1 end of month , e~~~~~: ~:::ts I I De- Postal 1------·-··rl-- -!~!~----;------·r--- -~--- ~------~!1 ~~~,~~ cl~n_ding Mc·irle::u~Y.I ~1~~ \::~ee,~;: 1 ' • 1 'l'ohl : I lUem- .1 out- g,,ld St t dl ' Out- ' I Loans 1 Total bill~ 1 ~otnl 'l'otal bl'r i: stand- re- lation i a e Cl'C t Year and I New side . C n I on All In- lliUs bought' United Ire erve bank II iiig leased I lsallngs of de- month . York New ad - l - 1 other . l______('it:_l _____ iLt:s_ :_ - ed n~f~~~~tltle~ credit C{~~~t[\month ~~~-k'1 , i I Thou- 1\IlLLIO,'\S OF DOLL.\ R8 1 sands of I dollars ------... ----- ' J 930: February .. i :n, 117 21, 50S 2.815 7, f:41 ~. 1&7 :l53 270 i 4~0 l,HO 2, 260 1, (i24 60.0 4, 55() 4 436 I 167,002 )93)• I ~'ebnmry .... j 20,94~ 17,084 2, 585 7, 31:J 8, 151 ! 198 1091 599 925 2, 343 1,[•20 IS. 6 4, 598 4: 928 I zn. 05\J March ...... 27, 589 19,421 2, 570 7, 256 8, 121) : 250 124 599 990 2, 428 1, 4137 28. G 4, 590 5, 018 t' 302, 658 ' ApriL ...... ! 26, ~21 19, 620 2, 786 7, 052 7, \141 !57 163 I 598 937 2, 371 1, 422 42.0 4, 647 5, 05V I 313, 775 May______: 25.072 !8,858 :{, 172 fi, 867 7, 863 . 174 !25 598 917 2,:l89 1, 413 53.6 4, 679 5, 083 325, 028 Jllll(' ______·-- 25, X9:l 19,406 2, 6\14 6, 74(i 7, \)45 : H\1 lOti ()68 w:l 2, 381 I, :Jb8 156.1 4, 750 - l'f 347,417 July ...... f 21,007 IH, 444 2, 400 6. 514 i, 942 lY5 73 67:-3 ~7fl ' 2, ;~t;7 1, 22~ -10.2 '1.~36 ~: ~~9 i 372,457 Allb'USL ... -- 17.501 !li, 526 2,244 fi, .5!9 7, 879 I 255 215 728 t, z5s I 2.:·G3 r,ono 41.5 4, H47 s, 173 ; 422, 69!1 September._ 20,07:l If>, 627 2, 451 6, 341) 7, ~45 :l28 46Y 742 l, 57)) : 2. :~n-t mJ6 -258.;, 5, ]:)3 5, z:n I ·!f.S. gos October_. 20,fi78 18,125 2. 5))7 5.!:m7 - 6''4 728 IX\! 727 2, lf-:4 2, 167 I, 040 -445.3 .), 47R ~.~17: 536,fi60 November ___ ! 14,464 14. 01)5 2,M2 5,807 7: s4~1 718 I 452 717 i l,~:H 2, 051 I, on 117. 7 5, 518 .J, d.{ : 555, 560 ..,. •)')- i December __ .' HI, z:13 17, !12 2, ():)8 5, 7"77 t,v ... / (i:l~ :)39 817 1, 853 ! I, 9f:l \1/4 :)4, 0 5, Oll 5, 255 595, 634 1(132: January .... _ 17, ()7() 15, s~:l 5, 574 7, 2.~1) i'9:J 15:3 : 746 1, B.Jt) i !, 947 Uhl -W.! 5,1l4.5 .), 236 : !'i5S, 081 l<'ebt·uary ___ i 14,381 1'!,S70 o,HO I, US 8~~ 109 110 l, 709 1 I,S49 ------··-- -66.1 5, 621 5, 239 i ECURI'fY markets have been unable to maintain Brokers' loans have expanded slightly during March, S the upward swing initiated in February as a result but the extremely small size of the outstanding total of the adoption of important financial legislation. is indicated by the ratio of loans to the market value The response of the bond market, to these constructive of all listed shares of 1.90 per cent as of March 1. moves was pronounced, and prices moved upward with This compares with a ratio of dose to 10 per cent out interruption until the early part of March. Prac at the peak of the 1929 market. tically all sections of the list participated in the general Open market money rates averaged somewhat lower strength, with United States Government bonds rising in February, with the exception of the commercial to new highs for the year. The steps taken by the paper rate which was unchanged but which has tended Reconstruction Finance Corporation to aid railroad to ease off since the end of February. Following the credit were an important contributing factor not only reduction of the rediscount rate of the New York to the strength in the rail list, but to the geneml market Federal Reserve Bank and the reduction of the official as well. All bonds listed on the New York Stock buying rate for bankers' acceptances, the open-market Exchange showed an appreciation as of March 1, in quotations dropped with leading acceptance dealers comparison with the month previous, of approximately marking the rates down 011 three successive occasions $97 5,000,000, with both foreign and domestic issues during March. recording substantial gains. The market for long-term security issues remains Stock prices moved irregularly upward during the inaetive. New capital issues during February were final three week of February, although the average smaller than in .January, and the increase in ~1areh of the weekly prices for the month was below January. has been slight with offerings still confined to the best In the early part of .March the market showed a dis grade issues. The cumulative effeets of lowered and position to break through the upper level of the trading omitted dividends is reflected in the reduction of 16 range under the impetus of constructive developments per cent in the total of dividend and interest payments in the British financial situation. This movement was for the month as compared with a year ago. The halted by renewed unsettling developments here and decline was due entirely to a reduction of 32 per cent abroad, coupled with the absence of indications of in dividend payments since the total of interest improYed earnings. Trading on the stock exchange payments for the month was 3.4 per cent in excess of was the lightest since last August. a year ago. SECURITY AND MONEY MARKET STATISTICS 11 \I Price Indices of for-11 II I Range of open mar- I :I elgn listed com- II ket money rates :, Brokers' loans I , !i moo stock I •, ' '-~cw Yo~l<__l ~ : ' 111 , • li i I I I Made I 1 I I I 'I '1 ' I by re- I I Re- Com 'II ll 'II Long- diTI~tal d II I 'I ~ort- \' POl'nred ', st~k~ ported moo--,' I 'I' Bond New I term vand en mem-ng by the Ra- 1prices s~:S1 stock ! 'I yields capital real Interest I can ' Com- ber New tio stocks yields I Lon- Paris Berlin Issues pay- I mon-1 Time mer- 1: York to I I 1 ~:~~ b~nk• Y~>.ar andlmontb don I II I' · . ments 11 eyre- loans I clal 1: m I Stock mar- ' ,newal 1 paper I,N. Y. C., Ex- ~et 1 , ' I• Wed. 1change, value II II: 1 I ij 11 jl , closest I end of 1 1 , I I, 11 I' to !month ' li 1 , end of 1 1 1 ~~--,~~r~ou·~~-:-;el.to ~;ela~~~Prlc~-~~~ ~~-- ~-- -- ' ~,month_!--~ ,Rei. to' sands of Per :Dec. 31 tive to I to. par Per ,; Thousands of dollars Per cent :-m!ions of Per i 192fJ , shares cent ! 1923 1913 _, we~~ht-~ cent ii clollars j c'tlnt 1 m~: February ~---..- __- __-_- __ -__- __-_11~~56~; 68,723 ---z38 i 1o9.43 -- ~9~ 1,-I33. 9 I 4~ 65111468,574115,290 I 532,854 -~-:-3;--14Yz-5 -r ~Yz~5~ :.,:-·3.~4s911,-4:-;;-15,89 FebruarY--·------·---~---- 119.8 64,145 5.12 83.92 365 84.7 1' 4.44 ,I 74,251 3,590 525,807 1.50 1%-2 2Yz-2%i: 1.798 1,840 3.22 March_·------·------. 121.6 65,494 4.95 80.70 373 97.3 4.411' 269,030 2,015 594,282 1..55 2 -2~4 2)/:il: 1,875 1,909 3.58 1 ApriL------·------·-----~109.2 54,335 5.43 81.02 362 i 101.2! 4.43 '. 267,471 7,2351 748,873 1.52 1%-2!4 2)4-2Yz!: 1,7301 1,651 3.40 MaY--.. ----·------·--~ 98 0 46,661 5.95 77.63 346 i 96.6jj 4.431 169,360 9,485 559,624 1.45 1Y:r2 2 -2Y411 1,539 1,435 3.37 June·----·----·------95.1 58,719 5.96 70.33 322, 80.6114.45 i 131,343 3,425 762,077 1.50 1)4-1%: 2 q 1,479 1,391 2.93 JulY------·---·-·--~·------~ 98.2 33,540 5.66 76.42 3291 83.7l 4.44' 115,070 775 945,976 1.50 1)4-1Yz! 2 II 1,390 1 1,344 3.03 August------·-~----~--·-· 95.5 24,890 5.74 72.40 3091Closed. 4.50 1 46,197 2,100 489,858, 1.50 1)4-1Yzi 2 . 1,3661 1,354 3.04 September·-·-·-----·------~ 81.7 51,140 6.51 66.90 3041 62.01 4.70 1 156,381 66.7851 532,84011 1.50 1)4-2 1 2 d 1,172 1 1,044 3.23 October---·-----·------69.7 47,895 7.28 70.14 2691Closed.ll 5.161 17,391 9,125'l 747,157, 2.10 2Yr4 12 -4)4,1 869 1 796 2.33 November---·---·--·-·---·-1 71.7 37,369 7.06 76.64 249 Closed. I 5.19. 50,123 2,619 557,742 11 2.50 3 -4 1 3%:-4!411 720 730 2.35 pecember ------·-·-----·~ 57.7 50,190 8. 66 70.77 243 Closed. 5. 81 ~~ 66,984 3, 1851 670,951 2. 70 3 -4 1 3%:-4 [I 591 587 2. 20 1932 I ll 1 1 1 January_·--·---.. ·-·---·--- 58.0 34,342 8.22 67.l8 221:Closed. 5.86, 46,664 1 1,075 997,9381' 2.65f3Yz-4 :3'\i-4 5051 512 1.94 February______.. ______56.o 31,71D 8.0! 69.01 250 jClosed.L 5.9% 1 38,8631 o 4!3,200 d 2•. )0 13Yz-3%i 3%:-4 ,[ i95 325 1.90 1 1 SCHYEY OF CURRE.L\T Bl'Sll\ESS April, 1932 • 1932 Ill Comparison •••• FIRST 2 MONTHS Wffi"#M REMAINDER OF VEAR BANK DEBITS OUTSIDE NEW YORK CITY - (BILL/0/115 OF OOLLJIR5) 1932 1931 1930 1929 1928 CONSTRUCTION CONTRACTS AWARDED -(BILLIONS OF DOLlARS) 5 6 7 1931 1930 1~29 19'28 STEEL INGOT PRODUCTION -(MILLIONS OF TONS) 60 70 193'2 19 3 I "-.....h777~~"77/7h"7"77'1i 1930 !929 19 2.8 AUTOMOBILE PRODUCTION -(THOUSANDS OF CARS) 3000 4000 1932. 1931"-.r.h7~~n7.n+n7.n+~~ 1930 1929 1928 FREIGHT CAR LOADINGS - (MILLIONS OF CARS) 1932 1931 1930 1929 1928 April, 1932 SURVEY OF CURRENT BUSINESS 7 Commodity Prices OMMODITY prices reached lower levels in Feb cent; silk and rayon, 3.2 per cent; and mixed fertilizers, C ruary, a continuation of the renewed weakness 3.4 per cent. Only fraetional declines occurred in which developed in December. Declines in retail food prices of 13 of the 46 subgroups. prices and in the general level of wholesale prices were Retail priees of foods declined 3.7 per eent from not quite as severe as in the preceding month, and .January 15 to the middle of February, as compared during the first three weeks of the current month whole with a 4.4 per cent decline from December 15 to the sale prices have advanced slightly from the low point corresponding date in .January. During the past year reached at the end of February. prices of these products have dropped 17 per cent. Of Wholesale commodity prices averaged 1.5 per cent the 42 articles of foods on which quotations are re lower in February than in the preceding month, and ceived eaeh month, prices of 30 were lower on Feb 14 per cent lower than in February, 1931. The sharp ruary 15 than in the preceding month, while 4 were est fall occurred in prices of farm products and foods. higher and 8 were unchanged. Prices of fresh eggs Prices of hides and leather products, metals and metal again fell sharply, 19 per cent, and quotations for pork products, and building materials declined from 1 to 2 chops, butter, and lard were from 7 to 9 per cent lower. per cent, while those of textile products, chemicals and The articles showing advances in price constitute a drugs, and house-furnishing goods declined only very small part of the diet. fractionally. Prices of fuel and lighting materials The decline of farm prices from mid-January to advanced 0.6 per cent. February 15, as measured by the index of the Depart Among the subgroups of commodities the sharpest ment of Agriculture, amounted to 4.8 per cent, bring declines were in the prices of plumbing and heating ing the index to the lowest level reached since its equipment, 11 per cent; cattle feed, 9 per cent; and compilation was begun in 1909. Farm prices are now crude rubber, 7.5 per cent. Price declines in other 40 per cent lower than the 5-year pre-war average. subgroups in excess of 3 per cent include: Livestock and From January to February, 1932, farm prices of dairy poultry, and hides and skins, about 6 per cent; butter, and poultry products fell 9.4 per cent, meat animals cheese, and milk, 5.5 per cent; lumber, 4.1 per cent; dropped 4.4 per cent, and fruits and vegetables, and nonferrous metals, 4.9 per cent; farm products, other grains declined 3 per cent and 2 per cent, respectively. than grains and livestock, 3.8 per cent; meats, 3.9 per Prices of cotton and cottonseed advanced 4.4 per cent. INDEXES OF COMMODITY PRICES ---·-·------· ------I Wholesale 1 Retail ·Farmt ---~-.--,-- I 1~ ., '~ ~~ It -; ~ ="" .. ~ ' ~~ I : ~ I ~ ~ ~ :c .§;=' fll : I ~rl.l I ~ ; .3 ...,= = .~ =co., I =,..., ~ I ! -'t ! = .c: - ~ ~"' "' .; ~ I-::::: = ' I = I ., "" == ;:~ =Q ;:: Sf ~~ ~ 1 : -g., e = 1 ;~ .. ... =c ... e~ : "'~ 10 ., =" .. . ~Q I :0. ., ~ ., = I ·-•oo· ~ 1 ! t ~ = :~a '" Year and month -=e= ~ , "' I "' - ~ , - "' ~., .c., 5 Q.s. I 'g I ~ i ~ "t .:! "' !1: E ~ .~ = ·a= = ~ 1 =~- , CIS I = f ~ I ~ = ! ~ ! ;;l :9r.. 1--'-----'------'----'" , ::.. "' I:= "" ::.. , "" = ~ 00"' Mo. 1 Mo. aver aver age Monthly average, 1926=100 age 1909 i 1923= to 100 1914= I 100 i ' ~------i ~--1 86.4 I 80.9; 9ti. 9 94.0 : 92.3 93.6 I 81.2 91.8 89.4 91. 3 i 153 98.5 131 I ! 70.9 72.5 : 86.5 82.5 ! 83.3 1 71.5 70.6 73.0 89.6 90 :~1~~;;c:::~ _ :: ::1 ;;; ;; ;; ss.1 80.31 127 ! 70.0 68.3 86.4 ' 82 ..) 82.9 72.0 69.5 ' 72.9 79.6 ' 126 ; 89.1 91 ApriL______' 74.8 70.1 76.3 68.2 65.4 : 8~. 7 i 81.5 81.3 ~~:g; il. 5 68.3 ' 71.5 iS. 3 : 124 , 88.2 91 May______i3.2 67.1 73.8 67.4 65.3 So. 0 80.0 80.5 86.8 70.5 66. 5 ! 69.8 1 86.9 86 .Tune ______72.1 65.4 73.3 1 76.9 ~I 121 . 66.6 62.9 84.4 : 79. 3 79. 4 86.4 69.7 64.7 : 69.3 76.0 : 118 i 85.9 80 July______72.0 64.9 74.0 66.5 62. (j ' 84.3 : 78. 1 78.9 85.7 69.7 64. 3 69.3 76. 1 ' 119 85.9 79 August______72.1 63.5 74.6 65.5 66.5 83.9 ' 77. 6 : 76.9 84.9 68.3 6-l.l 68.3 76.4 ;, 120 85.9 75 September______71.2 60.5 73.7 64. 5 ()7. 4 83.9 i 77.0 76. 3 82.7 68.2 62.7 ' 66.7 1 85.6 72 75.9 11119 October______70.~ 58.8 73.3 82.5 fi3. 0 67.8 ' 82.8 : 76. I 70. 6 81.0 66.6 61.5 ' 65.2 75. 1 I 119 84.9 68 November______, 70.2 58.7 71.01 81.6 62.2 69.4 ! 82.6 76.2 76. 1 80.9 6S. 7 62.0 ' 64.9 74.8: 117 83.9 71 December_ ___ . ' 68.6 55.7 on. 1 ' 79.8 GO. 8 68.3 82.2 ' 7G. 7 76.1 78.5 66.8 (;(). 2 63.7 83.1 ' 66 W32: January ______; 1>7.3 ;,2.8 64.7: 79.3 67.9 75. 7 77,7 1 ();), 6 .>8. 3 63. 1 81.4 fi3 February______, 66.a 50.6 62.5; 78.a 59.9 I 59.8 Gs.a ~u: ~U· 75.5 77.5 ; 6~. 7 56.9 61.9 ::::71. 4 ''I 105~:: ' 80.1 60 Monthly average, January thn.ugh : I I Febnmry: i i I 1930______92.0 99.5 96. 6 : 104. 5 86. 8 i 81. 3 !!7.1 94.2 92. 7 ~3. 1 I 81.3 02.0 : 89.8 91.8 ', 154 98.9 133 1 86.7 ' I HJ3L--·------: 77.5 71.6 79.4187.8: 71.1172.9 83.2 83.91 88.2 I 71. 9 71.7 73.4 89.9 ,1 130 90.4 92 1932---·-·---·------·--·-·' 66.8 M. 7 63. a : 78. 8 : .o9. 9 68. 1 : 81.4: 74. 1 75.6 77.6 : 65.2 : 57.6 62.5 1 71. 8 : 107 80.8 62 ~--~------~---~~---' I ! I 1 Department of T,abor. 'Department of Agricultur<'. • National Industrial Conference Board. 8 SFRVEY OF CFRRENT BUSINESS Apni. 193::: Employment MPLOYMENT conditions in February were only in the spring of 1930 and 1931, which has not been E slightly changed, with a drop of 0.3 per cent below duplicated so far this year. January reported for the 16 groups covered by Among the nonmanufacturing industries, the num the Bureau of Labor Statistics data. Pay rolls were ber employed was further reduced during February approximately the same as in February. Statistics on and the decline was general in all groups, with the factory employment reveal some expansion, the first exception of the hotels and canning and preserving gain since last September; however, the February industries. In these two latter industries, employ increase was less than the usual seasonal movement, ment totals increased 1.3 and 5.9 per cent, respectively. and the adjusted index declined. Increased factory The most severe declines were in the mining industry employment was reported for the iron and steel, ma and in the retail trade group. In addition to the chinery, textiles, transportation equipment, leather, hotel and canning industries, where increased employ nonferrous metals, and tobacco industries. The ment was reflected in larger pay-roll totals, increased gains exceeded the usual seasonal increase in the case of pay rolls were reported for the crude petroleum and textiles and leather products, reflecting the more telephone and telegraph groups, while the total for the active demand for clothing and footwear. Compared bituminous coal industry was unchanged. Declines with a year ago, the industries producing consumers' in both employment and pay rolls were reported for goods continue to make the most favorable records. the anthracite, power, light and water, electric rail Employment in the leather industry in February was way, and the wholesale and retail trade groups. about the same as a year ago, while employment in the Employment among trade union members was the rubber products industry was off only 4.7 per cent, and same in February as in the preceding month, but con in the textile industry 6.3 per cent. tinues well below a year ago according to the American The chart on page 2 of this issue illustrates that the Federation of Labor. In addition to the 31 per cent decline in factory employment and pay rolls has fol reported unemployed during February, there was a lowed almost a straight line trend since the peak reached further 20 per cent working only part time. Unem in the latter half of 1929. In February the employ ployment was most prevalent in the building trades, ment index was at a point one-third below the H)29 a reflection of the low level of actiYity in the construc peak. The drop in pay rolls has been sharper owing tion industry. The printing trades reported the lowest to the prevalence of part-time employment and wage percentage of unemployed, but the greatest amount of reductions, but the trend has been almost uniformly part-time employment. downward, interrupted by the temporary improvement STATISTICS OF EMPLOYMENT, PAY ROLLS AND WAGES I i :1 i 'I I I I 1 Factory em- jl ;I Bituminous R t I 1 Anthraeit<' ., Powt>r, light, I Telt'phont> ll tall d l1 Wages, 1 ployment dF.R. B.' coal mining mining . and water 1·. and telegraph' e ra " _ Employ-, Employ- • • ; F. R. B. ilfactorYi, 1 • • 11 I ment , ment, ! com 1 -.---~! pay 11~~------~---~----,---~--- ______1 -~-~----~---:: ______----~1 agencies,: trade- I Ia~.!~ a 1 1 1· i i! 1 i appJi ... ; union ; road Ad- I Unad- l .!':~~-~~ Em- I Pay Pay 1 Em- , Pay 1, Em- I PaY :1 Em.. I Pay 1 cants per mem- : build· T.-.ar and month ._-Justed•l justed ·' justro 11 ploy- •·oils rolls :I ploy- I rolls I·_ ploy- ! rolis I plOY·· •·oils I IOO jobs : bers 1 inc 1 ,r 1 ment i meut 1 ' 11 ment i ' 1 ment I ' 1 :1 _._I!___ I I I II • I . I _L_ ------~------~------~------~: ~-- -~~-~~--~ p I ~onthly aYerage, :I Mouthly aYtwnge, 192f!=l00 ! Nun1her: 1923-192.5=1~~---~1------~~-~------~------·-1---,I I I I 1930: Februarr--~-~-----~· 93.9 93.311 !J7.71i 102.4 102.1:: 10D. 9 \ 121.5 I 98.81100.4 :1 100.2! 101.9 94.·1 96. o I· 201 ! 1931: II 1 FebruarY~-~~~~~~-~-~j 77.8 z/.3 z3.2 !I 91.5 68.31 s9. 5 1 101.91 9~. 8199. 7 :I 89.2 i 94.8 87.1 86.7 ! 202 &3 March.~---~-~~-----, 77.9 18.1 14.9 1 88.8 65.2 i 82.0 I 71.3 96. 7 102. 4 " 88.6 n7. 9 87.8 87.51 li9: 37 April ~ 1· 78.0 77.9 73.6 'I 85.9 58.6 , s5. 2 1 75.2 97.1 97.6 ii 88.1 I 95.0 90.1 88.3 I 177 35 ~------·----~- 77.8 77.1 72.111 82.4 54.4 I :V!ay 80.31 76.1 I 97. 6 9s. 1 I' 87.4 . 94.1 89.\1 88.0 11 181 1 75 31 1 76. l 66.7 97.2 98.3 ,I 86.9' 95.0 89. I 87.6 1 205 ; 75 37 1 1 96.7 1 93.3 83. ,, 83.3 . 209 74 t~ui'g;u_~_s:t-~~::_:_::_::::=__ ::1 ~~:? ~~:~ ~U !I ~U ~~:! 1 6.>.1 53.7 1 86.6 36 -~ ------74.1 74.2 64.3j 77.0'50.61 67.3 1 M. 4 95. ~ 85.9 I 92.3 81. E. 80. 3 ' 217 74 36 1 ~~:~II 94.7 1 92.1 86. I 74 34 September.•. ~------~ 72.8 74.7 61.8 i 80.4 53.6 1 94.3 I 85. o c 83.5 ·I 196 October-~~-··-··---- 70.3 71.4 59.4 81.3 56.2 ~g:~ 1 92.7 91.6 89.8 1 74 35 1 I gu: 93.2 ' 84.1 ' 84.6 I 221 ---~· 5 ! I November ______69.3 68.7 56.2: 81.1 54.6 I ~3. s ! ~9. 5 !1 91.3 93. a 1 83. 89. 7 90.9 85.4 214 : 73 34 December ...... , 69.4 67.9 55.8! 81.2 52 3 1 19.8 .8.4 , 90.3 91.2 83.1 : 92.7 100.2 70 33 1932 }anuary ...... J 68.1 66.3 1 52.41 80.8 47:0 76. 211 61.5 89.3 88.4 11' 83.0 i 89. I i' 84.3 69 32 71.2 97.3 i 87.2 86.0 82.0 89.6 I 80, ,) 69 33 61.8 61.3 53.6 ::J· i ~;:; '~---~-~~:_ l\[Ql~~~~u;:r-aia:·iail~-1 1 n' "·o I· 1 I I1 1i ,I ~~r through Febru-~ I1 I I : 1 l ,j -I 1930 ______.. 93.3 ~6.1_ 102.5 101.8 104.5 i 113.7 i 99. 2 1100. I :, 100.9 103.5 1: 96.7 \17,9 :'1 201 : 79 40 ---- 76.9 10.8"11 92.7 70.8 i 98.5 99.2 89.9 ! !15. (\ I 88.6 88.0 i 213 : 7:1 36 1931.~------~~--~~-- I ~?·.! 1 ~s. 6 il 1 1932 ~--~~-~-~~-~--~~~-- 66.s ss.o I 7\l.l: 47.o II 1.1. I .:>9.4 ~ ss. 3 1 s•. 2 i 82.5 89.4 j' 82.4 i[i, 9 ! ------69 33 I ' 'I 1! . ' >Adjusted for seasoual Yariation. April, 1932 SCRYEY OF CURRENT BUSINESS 9 Domestic Trade DETAIL and wholesale trade has shown little im January level, but as there is usually a seasonal gain ft provement except in such seasonal lines as cloth during the month the adjusted index moved downward. ing, and buying has continued restricted and for Loadings of this class of merchandise were off 14 per immediate requirements. The early date of Easter cent in comparison with a year ago, while in the has stimulated sales of certain merchandise, but the immediately prrcrding months the spread had been increased volume from this source is of a seasonal 10 per cent. nature. Department-store sales, measured in dollar Commercial failures were fewer in February, but volume, increased by approximately the usual seasonal the drop was seasonal and the total was in excess of a amount in February. Sales were 10 per cent below the year ago. Liabilities involved remained exceptionally same month a year ago, but as this year had one more high. During the first three weeks of March, failures trading day the decline on a daily-average basis was 14 have averaged approximately the same as in February. per cent. The volume of February sales was also For the elapsed two months of the current year total below a year ago. The St. Louis and Richmond dis failures increased 5.3 per cent and the liabilities tricts continued the relatively favorable showing of the involved increased 18 per cent as compared with a preceding month, but the decline in New York was of year ago. average proportions. The greatest declines were in Magazine advertising increased in February but the South, in the Atlanta and Dallas districts, but the was well below a year ago. For the first two months drop in Chicago was also above the average. Sales of the year magazine linage was 26 per cent below through the two leading mail-order houses increased the same period of 1931. Expenditures on national during February whereas a small decrease is usual for magazine advertising showed the usual seasonal the month. However, for the first two months of 1932 uptrend during the first three months of the year, but the dollar volume of mail order sales was 20 per cent first-quarter expenditures were 26 per cent below a below a year ago. Sales through the leading 5-and-10 year ago. Expenditures on radio advertising were chains increased in February by slight,ly more than slightly less than in January, but continued to run about the usual seasonal amount. half again as large as a year ago. Distribution of merchandise by the railroads was Postal receipts during February recorded the usual only slightly higher than in January, and in the first decline for the month, and were 9 per cent below the half of March car loadings were approximately the same month of 1931. For the first two months of the same as in the corresponding period of February. year postal receipts averaged 11 per cent less than in Merchandise l.c.l. loadings continued close to the the same period a year ago. DOMESTIC TRADE STATISTICS I I I I' !~--~~-- I ~~~--- 1 Department• !1 Department- i Freight car Five-and-ten- I 1: Commercial i Advertlolng : store sales 11 store stocks 3 .loadings, mer· cent-store I !: p -t· 1 I failures lineage i :: :chandlse,l.e.l. sales 1 lUall- !. 0~ a 1 Money ':~-,------+~- -,-- --,-----~-~~; I [I s~l~:.·~ :;·:~t~:·~~----~--- i ::i!te;: I Unad·i Ad- I[ ~nad-: Ad- , Unad- Ad· ':. Un.:'d- Ad· houses ;: cities . l'"ail- : Llabll- Maga-: News- paid Year and month 1 !. just- , just- I'' JUst- ' just- '. just- just- .' .Ju.t- I just- 1 : ut·es . lties •, zlne I paper 1 ed 1 i ed ' : ed 1 ed z • ed ed ' • ed ed ' , ' · · , ' 1 :-~~-L- I: . I! - ---- _!___~--~-~~~- -~~-~-- Thou-[ Thou- ~~l\~ ~.h::· . Monthly avNage, J!l2:l-192J= 100 I Thousands F~~~~a~~: ______:.l· 89!...... •. 92 !•••••••. ]! 00 --··----~~ 123 i\ 46,1132 ·· 30,828 2.511 56.250 2,209 85! 82 330 !931. ______: ~81!-_-_-_-_-_-_-_-_:: 80 1-·-··--11 ~~ ~------1 J2tj 'I 40,Hl 27,789 i ~.\!40 77.108 1, 758' 74 I i4:604 -19-32_.-~-~------, c 68 ~------il 10 ,-~~~~~~~~::;~2.278! -~-tl87 i :!,095 90.880 1,304 661·----·-· I Correeted to average daily saleR. ' Adjusted for seasonal variation. 3 End of month tigurl;'s. 109570-32-~3 10 SURVEY OF CUHREKT BlJSl KESS April, 1932 Foreign Trade XPORTS from the United States during February Unit values (average prices) of leading export and E increased $5,000,000 over the January total, in import commodities during February showed no sig contrast with the usual seasonal decline. This im nificant clumge. Although prices of tobacco and gaso provement together with the drop in imports resulted line exports averaged slightly higher, the unit values in a gain in the favorable balance of merchandise of other leading exports were either about the same or trade from $14,400,000 in January to approximately some,vhat lower. In import trade, the unit value of $24,000,000. February exports and imports were val coffee, tin, and unmanufactured wool increased; while ued at $155,000,000 and $131,000,000, respectively. prices of a majority of the other leading commodities The heavy outflow of gold, which began during Janu moved downward. ary, has passed its peak, with total exports of $128,- Our export trade so far this year has included smaller 000,000 in February, and $236,000,000 in the elapsed quantities of machinery, automobiles, refined minerul two months of the current year. During the first oils, cotton manufactures, copper, tobacco, and meat weeks of March, the gold outflow has been considerably products than last year; while exports of cotton, wheat, smaller. Gold imports in February, hrgely from and apples have been considerably larger. The extent Japan and Canada, amounted to $37,600,000, as con of these changes is reflected in the proportion which trasted with $32,900,000 in January and $16,200,- the several eeonomic classes form of the total. For the 000 in the corresponding month of 1931. 2-month period ended February, 1932, crude mat.erials Major factors in the increase in exports during Feb constituted 34 per cent of our total exports; crude ruary were the continuous heavy flow of raw cotton to foods, 6 per eent; and finished manufaetures, 38 per the Far East; the comparatively large shipments of cent. The distribution in the corresponding period of wheat, not only to South America and China, but also 1931 was 23, 3, and 50 per cent, respectively. to Europe; a considerable increase in leaf-tobacco Except for cocoa and cane sugar, imports of leading exports to the United Kingdom; and a moderate in commodities were smaller in quantity than in January, crease in exports of machinery and appliances, and while as eompared with February, 1931, cocoa, sugar, automobiles. While gasoline exports failed to main hides and skins, cotton cloth, and copper were higher; tain the gain of the preceding month, February ship and crude rubber, raw silk, newsprint, tin, and burlaps ments were higher than in December. were lower. EXPORTS AND IMPORTS R ('rude t"'inished manufactul'es Ex- materials J.'oorlstulfs I ports, ': ---,-----, !iuelud-i. Semi I Sf\nti- .t'in ! ing l\l ill ions of dollars I ~~-----~ --- 1 1930: February ______. ______! 348. s!i 67.7 ilS. 8 :I 46.8 , 12.2 15.9 7.1 45. zll 183.2 57.4 i 30.8 20.8 2~1. i 98.6 59.8 04. 3 1931: ! II February____ ,_------__ , 224.311 47.7 25.4 1 29.5 3.2 10.6 8.9 27.4 I 116. 1 43.9 i 15.2 10. n 174. 9 bfi. 4 45. u ~11. 5 : 41.2 1 110. 3 29.4 I 18.5 8. 4 2.0. 2 04.0 5H. fj :19. ~ I 49.2 235.9 I 56.4 36.0 I :l3. 0 3. 9 10. I 10. 7 31.4 II ~;ri!~~~=::::::::::::::J I 1 JlO. G 31. 1 18.0 10.7 185. 7 54. 7 51. H 3:-}, 4 40. 7 May , ~6U i, jU: i~:~ 1 ~U ~:~ ~j z:~ ~U 11 103.4 26. G 14.2 12.5 1 179. 7 [14, 7 49. fi 43.5 47. 2 ~ ! JJ~ uunl'ye_:.:_:_:___ -:_:_:_:_: __ ::_:_:_:_:_:_:_:_:_~_:_1,, 187. 1 ii 29. l ! 13. 5 1 28. 7 R. 8 7. 1 5. 7 27. 4 1i 97.6 28.3 12. 8 7.2: 173. 5 52.4 ;g: 44.2 180. 7 ,, 2~. 4 13. ,, ·I 32. 3 II. 6 6. 8 7. 6 27.9 II 88.3 22.7 II. 5 9. 0 174. 5 00.0 47.1 :;o. o 47.5 August ______~ 164.8 !I 25.5 i 9. 9 I 28. l 7. 0 6. 4 8. 0 23.9 1 84.1 20.4 10.7 8. 8 160.7 47. 7 4.5. 4 ~&. 3 45.3 September_ ___ .______180.2 :1 44.4 23.5 . 28.4 . G. 7 6. 3 9. 2 21.4 'I 83.2 24.7 8.7 7. 2 170. 4 : 52. u 3.0. I :;o. > I 52.0 October------204.9 'i 63.6 39.8 :1 39.3 · 8. 8 7.1 16.2 21.2 , 77.3 20.2 8.5 7. 2 ]f3~. 7 ,l:!, 4 36.8 ' 29.0 :)o. 5 November ______193.6 !i li8.0 43.6 , 34.6: 8.5 6.0 11.6 20.81 1 47.!) :)3. 0 1 67.0 15.7 5. 5 8. 3 14 J. 7 41.3 December _____ ·------· 183.61 ,, tl8.3 47.3 1 27.1 7.6 7.3 6.11 20.7 [1. 64.6 17. 7 7. D 5. 9 152. 9 49. u 31). 7 ~~: ~ I 41.1 1932: 1 1 January ______149.9 ,, 49.8 , 36. o I 23.7 5. 3 6.1 7. 4 18. s 11 54.5 II. 4 6. 8 7. (} I:t">. .) ~ 38.2 38. 3 26.2 ; 32.5 1 1. ,1 1 ,)7. 2 7. 0 : l:ll. 0 37. U.l 31.8 l'ebruary 153. 5 5~. G 37.3 ' 22.8 5.1 6. 0 7. 0 18.l 1 13.8 7. 4 37.4 s 1 cumulative, Janilary-t!lrotiiili 1 'I' 11 375. 5 113. \) 1 5!1. 9 43. g : 592.8 207.7 123.1 127.0 134.9 759.7 11 172.0 Ill. 3 : 104.4 30. j 32.3 16.7 96.1 1 Fmr;='~:=:======~ 1 1 233. l 81.5 i 30. fi 24.4 : 358.1 115.7 87.9 68.4 S6.1 1932 •. ------i :~u ;g~:~--'---~~-:~A ~~:~ "-~~:_4_-~! ;u___ g~! 111.9 25.2 14.2 11 __ ,: ~·~_L-~~-5--~" _ -~:-_~----~~L~~ I Reexports of foreign merchandise during February, 1932, were $2,927,000. April, 1932 Sl_li{VEY OF CURRENT BUSINESS 11 Transportation rfHE railway transportation situation has been usualJ_.,~ decline seasonally in the first two months of strengthened by developments since the first of the the year, inereasl'd slightly, but were still almost one yenr. Early in .Tanuttry rdes were revised undPr fifth and one-third less than the respective totals for I. C. C. nuthorization mHl on Februar_,. 1, the agree the t>vo preceding years. Tho rise in loadings of ment for tt temporary 1-year \Vnge readjustment forest products was of a seasonal nature. became effective. The assistance afforded by the Declines in en rloadings were registered by the live Reconstruction Finance Corporation has rHhh•d :Ul stock, ore, nnd miscellaneous groups. Seasonal influ othPr strengthening element to the sitLwtion. ences nrcounted for the drop in livt1stock loadings, but Commodity distribution, as measnred by freight mov@Hmt of or0 nlld misrellaneous freight rcarhed 11 ear loadings, inereased less than usuai in February ne>v record low. and the a.djusted index of the Federal Reserve Board The freight-car surp!us decreasPd in February for declined 5 per cent below tho preeeding month. Aver tho second consecutive month, nlthough the excess age daily londings in February were one-fifth less than con1jnues large. DiYidend payments by steam rail a year ago and one-third less than two years ago. ways in February reflect tho widespread cuts and Total oars loaded during the month amounted to omissions necrssitate•l by the cumulative effects of two and a qua.rter million as compared with three and the deeline in traffir. February disbursements were a half million in February two years ago. Loadings 33 per eent below the same month of 1931 and 38 per of merchandise in less-than-carload lots failed to cent below tho total for February, 1930. record the seasonal rise usual at this time. Current Traffic through the Capo Cofl Canal declined season loadings are 14 per cent less than a year ago and 23 ally in February, but was in greater volume than per cent less than two years ago. during the same month of the past two years. Mis Loadings of three classes of products, grain, coal sissippi River barge traffic also declined seasonally but and coke, and forest products, were higher in February was 1vell above a year ago. Clearances of American than in January. Shipments of grain and grain vessels in foreign trac!P declined slightly, but seasonally products increased 10 per cent in this period, but were in February. However, the tonnage increased about 17 per cent less than a year ago and 22 per cent less 5 per cent as compared with clearances in the same than two years ago. Coal and coke loadings, which month of 1931. RAIL AND WATER TRAFFIC ~~anal and riHw traffic ~ 00 ! l. = sc:: \ "" --- ~~rr. ~·5 Canals River .·! i ~~ S " 1 e = ..,.. 1 e< ;: 1 ~,;~~~i~~-~~~ a~.~ I ~ ~ \·ear and Ad- tinad- '· Sault N i ~~~ ~ 1 , cw Cape sippi \ ~ .. "' mouth justl'd justed t; St<>. l:ork {Govt. =~.c =~~ (l) (11 Cod owned I Q ~ I .~ 1\Iaril' Sta.h~ ~eo I ~ 6 0 ' ~ barges) 1 ~«:.., I e.... - '-- --···_I_------.... . - )Ivuthl)· i I 'T}HIU:'. of i Thous. of j Thome of BV€-t ONSTRUCTION contracts awarded during Feb month. Compared to the figures for February, 1931, C ruary increased in value over those reported for declines of 24 per cent in square footage and 64 per ,January, but the measurable footage again declined. cent in value occurred. Decreases from the corre The Federal Reserve Board's unadjusted index, which sponding period in 1930 were 90 per cent and 71 per is based on a 3-month moving average, dropped 8 per cent, respectively. Residential building contracts de cent below January, marking the tenth consecutive clined for the fourth consecutive month. In value, monthly decline. According to the F. W. Dodge they were 11 per cent under January and less than one Corporation's statistics covering 37 States, the Chi third the amount reported in the same period last year cago territory showed the greatest activity, with as well as the year before. awards valued at over $17,000,000. Public utilities Shipments of maple flooring, which had declined contracts were responsible for more than two-thirds steadily since last June, increased 17 per cent in of this amount. Awards in New York City and vicin February, but remained 23 per cent below February a ity aggregated above $11,000,000, and those of the year ago. Oak flooring shipments decreased slightly Middle Atlantic States, excluding New York, reached from January, a continuation of the previous down more than $12,500,000. On a daily average basis, the ward trend. Cement production was the lowest in value of contracts awarded during February was 14 years, falling to 67 per cent of the output during the per cent higher than in January, mainly the result of same month of 1931 and to less than half of the total an increase in the first two weeks of the month. Dur for February, 1930. An increase of 29 per cent oc ing the first half of Ma.rch the average daily value of curred in the volume of new orders for structural steel, awards gained 2.9 per cent over that of February. but in February a year ago they were two and one This increase, as well as the one for February, was half times as large and in the same month of 1930, more considerably below the usual seasonal expansion. than four times as great. Despite a decline of 41 per cent in the measurable The Engineering News-Record reported that con footage of public works and utility contracts in com struction costs, as measured by prices of structural parison with January, the value of these contracts steel shapes, cement, lumber, and the rates paid com was 17 pt>r cent above the amount reported in that mon labor, declined further during February. BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE 11 11 Building II Long-term Building contrads awarded Building materials material j real estate 1 1 .. i! prices jj II bonds ----,.,------,------.------1;---~ ------~~-b~i~ ,.------~~ s~:~~-- e':t":le ~~------:--- Ji'. R. B. I: Maple i Oak I Ce- cated 'I !I tion , ~ta!; ,! ' :index (3 1: fl.oor- ! ll.oor- ment struc- ;, ·j cost, juvity__::li 1' To 11- months I' mg 1 mg tural 'I , Eng. deeds I, nance i moving All types of Residential Public works 11 !_ steel 1 Frame Brick 1 News- record·j'!. Total 'I new Year and month j average constt·uction i building and utilities : __, ______i bouse house Rec. ed 1 eou- 1of values I I' 1'' I I 1: 1struc- 1 unad- I :: Pro- New 1 I II . tion 1 justed) I Shipments d!tc- orders': I :: I 1 :~~~~~;~r~y ~-~'vlil- -~~--: -~1:1~--:--- -.~~h-ou- T ,--- ~~~~~---- ~~~~ ~hoj ___ l_____ i!- -~~Month-f,l! I 111 , average lions of .- Irl- I lions of .- · sands of! _drl- I Il.otu<~mds of Thou· sands of' First of month, monttr-~ 1 Y av·- Thou•ands of ! 1923_: , square hons of square lwns of square·. lions of I. fee: board ~ands of short lv average 1913=100 errage j dollars !l9Z!\~IOO 1 feet dollars feet dollars feet :dollars I mtasurP barrels II tons · 1~26 ~ 1 I I I I l 00 I' :~: ~~e:;uar)==J __s_g r-~~;- --317~-~-~~- -7~.-; -1~~z-'-9~~~;3T~.9s6ls,16; ~-~-;~~~~ zo6.5 -7~~~ ~15-,zw-.--,!-3,05o February_------: 68[1 28.3 235116.6 77.9 246' 7K61 2.676121.71315,920 1591 165 171 196.61 66.7 1j :3,500 1.500 March ______! 771 38.0 370 ~2.1 100.~ .12; i 151.?, 3,017 26.243 s.~45 179 163 17~ 194.5 111.7! ~.015 1.000 1 ApnL ______I. 82: . ~~.4 337 . 22.6 ~5.9 78~, 133.01: 3.~26 28,155 11,245 285 157 161 191.61 62_o, 1,23.5 1 1.100 1 1 May ______, 78 11I 3X.9 300: 21.9 &\.9 1 381 108.9 : 3,315 27,74,\ 14.010 152 160 167 189.3 61.31 9.485: 0 June ______·------~ 74jl 33.7 316: 16.9 72.7 1.117 140.8: ~.778 z:l,l31 14.118 172 158 166 187.2 1 58.4 3,425 1,000 July ______------68 , 33.8 286j 15.9 U3.9 1.233 116.3 • 3,447 25,691 13.899 160 155 164 174.41 61.1 775' 600 Angust______..... 1 f>3 :: 30.61 233 14.1 60.2 737 73.0 !·. 3,397 21,464 13.549 124 156 163 171.4 59.81 2,1C.O 565 1 1 September______, ·?? : 30.! 1 2.51: ~~-? 54.6 353 k5.1 ]I 3,~44 19,4,6 1 12.092 194 154 16,1 171.4 69.3166,785 395 OctobeL ______! ,,2 11 ?O·'I 242· 1o.2 no ..o 1z1 82.5:: 2,.oJ 1H,20~il0.7~2 109 156 162 169.~~ 63.2 9,125 500 November. ______.. 43" 20.5; 151 11.0 45_;3 211 47.4 1· 2,481 13,901 1 8,161 91 158 163 169.3 59.0, 2,619 725 December______ao · 17.2 · 137 1 8.~ :Jtl.2 2l'O 50.3 :~ 1,928 12,976 5.974 98 156 161 !66.2, 6·1.5 11 3,155 o 1932: ~~ I ' I i] 1' ~ January ______, 25 il 12.6! 85' ll.9 27.<> 300' 24.1 1.759 11,6731' .5.026 48 156 161 102 ..51 ..... __ 11,075 240 1 1 February______~~3 :,.I 1~.3 1 S9 6,1 u.t i 176 28.:! 2,061 11,359 3,971 62 157 163 161.81------t o Mothly average, ,! au- ! I ! I \ nary through Febru- li ~; I 193()______s4 •I 35.61 321 14.5 ;o. 1 1, ns 111.v 1; :l.34o 2\l,o12; ~.33o 254 1781 !,~.2 lzo7.81 74.8119,327 10,21s 1931.. ______. 6311 26.5 232 14.4 M.2 320 86.9 ii 2,514 20,039! 6.~58 159 164 1 195.6 66.4 4,055' 2,175 Hl32 .. ______24 il 12.5 87 6.5 51.9 i 238 26.2 if 1,910 11,5161 4.4991 55 157 162 162.2 ------538' 120 April, 1932 SURVEY OF CURRENT BUSINESS 13 Agriculture OTTON exports for the current season, from to 23 per cent and represents the largest proportion C August 1, 1931, through February of this year, ag for any year since 1921. The 10-year average from gregated 3,925,000 bales. This was a gain of 1,013,000 1920 to 1929, inclusive, was 17 per cent. bales, or 26 per cent, over the export total for the same On March 9, the Federal Farm Board announced period a year ago. A major portion of the increase that it had authorized the Grain Stabilization Board was caused by larger shipments to the Far East. to make available 40,000,000 bushels of wheat to the Italy also took a larger amount while shipments to American Red Cross, or other organizations it might France and Germany registered a sharp decline. designate, for food and feed relief. The first call was The movement of American cotton into the United for 5,000,000 bushels and was made immediately. Kingdom remained approximately unchanged. Stocks of corn have been increased by the compar Wool production in the United States in 1931 atively mild weather in most of the major producing exceeded the 1930 output by 21,994,000 pounds. States, combined with a low lnel of prices. On The total 1931 product of 435,415,000 pounds was March 1 estimated farm stocks were placed at 1,103,- composed of 369,315,000 pounds of shorn wool and 691,000 bushels compared with 703,529,000 bushels 66,100,000 pounds of the pulled variety. held on the same date a year ago. However, last Tobacco products continue in demand at approxi year's stocks were abnormally low due to a small crop mately the level of recent months. The decreasing in 1930. The 5-year average, 1925--1929, for March 1, value of total sales has been due not only to price was 1,051,029,000 bushels. The portion of last year's reductions and smaller consumption, but to a decided crop held on March 1 amounted to 43 per cent com trend toward lower priced products. pared with 34 per cent held a year ago and a 5-year Wheat stocks held on farms in the United States on average of 39 per cent. March 1, 1932, were estimated at 207,323,000 bushels. Farm holdings of the 1931 potato crop amounted to This is 45,881,000 bushels more than the estimated 112,000,000 bushels on ·March 1. This represents holdings of a year ago and is substantially above about one-third of the entire crop but all of this the 1925-1929 average of 124,997,000 bushels. These remainder is not available for sale since this includes estimates include wheat held for all purposes including seed for the current year and a quantity to be con the seeding of spring wheat for which purpose from sumed as food by families on farms. It is, however, 23,000,000 to 27,000,000 bushels have been used substantially above the holdings of March 1, 1931, annually in recent years. The proportion of last when a total of 82,000,000 bushels, or 27 per cent of year's crop remaining on the farms on March 1 amounts the 1930 crop, was still on the farms. INDEXES OF AGRICULTURAL MARKETING AND STOCKS Indexes of marketing I 1 I1---·- ____ ,_ _ Ind"xes of stocks, end of I Animal products - _I ~ - --c---·-----,---C-ro__P_s ~-~- : month Year and month ~-.. - -·-~- I ~-, Wheat, Com- I , visible Meats, Cotton, 1 ~;!.':.i Wool Live- I Poultry , Dairy I 1 eold- United 1 Index stock land eggs products !<'ish bined Grains l.'i:i~ Fruits ICotton I supply, 1 storage Stat~s indt~x 1 ~t~!~~ I 1 i -- --~------·I ·-'---I Monthly average, 1923-1925=100 1 ·----,-----,-- I 80.5 ' ~~i?:-Febru~~--~~~r &3. 8 37.8 1 85.21 86.6 155.311 62.3 81.0 93.1 54.91 40.6 273. 1 113.5 I 177.2 I February ______'j 85.5 50.8 II 79.81 94.0 91.3 116.211 66.8 84.6 91. 1 68.1 45.1 343.7 114.0 ! 235.8 March______94.0 61.9 79.6 ' 121.8 102.9 169.4 64.4 80.0 104.3 75.1 j 38.6 352.7 111.81 216.4 ApriL.______101.2 78.2 I 82.61 137.0 113.1 !74.3 1 53.1 63.9 93.3 70.61 29.8 I 339.8 114.8 196.9 1 MaY------106.7 197.1 125.6 130.9 138.5 I 62.0 69.0 135.6 102.2 I 28.3 ' 336.4 110.8 I 179.5 June.______118.0 405.4 I 80.2177.9 115.6 156.6 144.5 i 68.6 165.8 88.8 9.1 324.7 105.8 • 162.3 55.21 JulY-----··-·-·-·-· 105.2 573:2 72.6 88.6 123.6 161.2 1 103.0 182.9 103.4 139.3 1 22.6 I 370.4 98.7 1 146.8 August.______94.3 259.6 82.5 88.0 96.3 189.3 i 83.9 130.0 64.1 154.6 i 29.2 ' 413.5 &3. 3 : 140.1 September______91.5 125.1 88.3 i 88.4 90.5 1< 0.1 1 119.3 79.8 103.2 129. 2 1 152. I 407.7 66.6' 188.1 October--·------96.6 49.5 101.2 1 75.4 92.6 140.5 ! 219.2 I 84.0 131.9 191. I j 366.7 ; 393.4 52.8 281.0 November______97.5 46.5 96.2 1 117.2 94.9 117.2 : 158.5 65.9 79.1 96.8 1 274.9 391.9 54.6 322.8 December ______[ 97.2 40.3 89.9 1 136.6 99.7 79.1 1 96.4 41.7 70.5 62.9 1 159. 6 3i5. 5 76.8 320.7 1932: I ' January______91.5 37.1 89.31 77.8 103.2 88.7 'I 88.6 46.0 82.3 67.71 133. I 360.8 91.4 310.4 l<'ebruary______87.3 38.7 79.2 78.1 103.6 lU.I i 73.6 86.1 74.5 ' 80.3 357.9 107.1 296.1 Monthly average, I 62.51 January through i "' February:1930 ______89.3 43.4 ! 89.4 86.9 89.3 145.0 80.21 90.9 54.J 58.1 ' 280.4 107.4 184.8 1931. ______90.1 38.1 88.0 94.5 93.9 109.8 69.070.6 I 94.6 339.8 102.0 245.0 1932 ______82.81 69.2 I 54.6 ' 89.4 37.9 . 84.3 78.1 103.4 101.6 81.1 54.3 84.2 71. I I 106.7 359.4 99.3 303.4 --·------·· --~~--.-----·----"'------14 SURVEY OF CURRENT BUSINESS April, 1932 Iron and Steel Industry ALTHOUGH iron nnd steel production decreased for thnn half the amount produced in February last year, fithe short month of February aml continued below and one-third the production in the same month of seasonal expectations, ayerage daily output was greater 1 n:w. than that of the previous month. The Federal Heserve Production of steel ingots almost equaled the Janu Board's adjusted index of gc·neml operations deerensed ary len'l, but "ns onl? 58 per cent of the total for 4.7 per cent, whereas in 1!);:\ l a ;.?: IRON AND STEEL STATISTICS Iron and G.,neral oper atlous stl't•l Steel ingots !~~'::'!l:~~i1 i Prices steel ~'nitcd i ;1 • 1 States i 11 ------Pig- ~ I . Steel ! Manga- 11.---- 1 :Rate of iron ~ ! , Corpo- I nese ore t~ 1 1 . pro- · I · ration, Imports 1 i Steel Produc- ~ opera- t~nl- ! . , ttons, lo . Pay 1 1 1 t 1011 : due- Pw- .: !:':"t N I ,: unruled I(Manga-11 billets, [Iron andl Struc- Com• Year and • electric P , ) - rolls Ex- lm- 1 tion ew ShiP··' orders 1 nese li Besse- : steel tural posite 8 1 1 month F.(!'.i. • energy "!:i~t unad- ports ,;orts I i, 1;:.~; !o::~:, .f:;. ments,. end of 1content) II mer 'compos- steel finished 1 1 1 ·ustro)' ·,. con- 'justt"d' jus ted ~ ity :, 1 month , I (Pitts- ite beams ' steel J sump- · i i 'i burgh) , 1 tion !····· ' i I Thousands of long ! .)-lonthly a\·eragc, J 1 I! 2go ~-;480 ~---- 1\l"JO: February •• _I 118 !43. 0 n. 'l · 'JK\ tu; :15 2, 839 1 4, 0:)5 I 33.00 35.24 I. 80 2. 43 !93!: I :i February ..... 110.5 ·17. j ~ 11 2:! 1. 707 :: 2, [i02 160 10 30.00 31.65 I. 65 2. 22 l\Iarch ______7[1 !Hl.-1 70. () ll :l : J:S 2. 0:1:2 : 2, UU4 14~ . 30.00 31. G6 I. 65 ' 2. 23 .~prii_ 1 I ______t)\), ~. O:J.O ' ...," ~: g3~ 70 108.1 1 JOl !1 l.)U 31 8\IS 3<: 30.00 31. 61 I. 65 i 2. 22 :\lay ______{)6 ' !00. 0 i -L ~ ti·!. ~} :lo 1 ~.~;4 , 2: ~Oti jj.\ 3, 62(; 21 29.50 31.39 1. 65 I 2. 21 Junr ______60 86. (; i:.!,li :/;.f) ib Jl 1[19 ' 37' 29.00 31.02 I. G5 i 2. !\) July ______"' l,r_i:W :: !..',~~~.o:, :, 3, 4791 o:S.I ~~. I , .i2. 4 '-1 : :!b 1.4ti:l lh1 ; 3,405 38 29.00 31.05 I. G5 2. 20 1 1 = 1 .\ugust...... l 7:i. () 70. :s .\0. ii :-:\ 21 l. 2:-,1 I. 71ft 168 : 3. Iu9 22' 29.00 31.05 I. 60 2.19 ANUFACTURING operations in the chemical in Ethyl alcohol production declined somewhat less M dustry in February, as measured by electrical than seasonally in January. Output in this month was energy c.onsumption, increased slightly, but less than 11 per cent greater than in January, 1931, and 21 per usual at this season. The present rate of energy con cent larger thnn in the same month two years ago. sumption is 6 per cent less than in February a yeat· ago Crude methanol production inereased 11 per cent in but only 2 per cent less than two years ago. February as compared with ,January, although there Employitlent in the chemical industry declined to a is usually a sligl1t seasonal decline at this time. Pro new low point in February, while pay rolls renovcred duction of synthetic metJumol, however, declined sea slightly after the severe deeline registered in January. sonally in this period. The present rate of production The current rate of employment represents a decline of the ernde product is only half of the rate of output a of 15 per cent from this time a year ago and 26 per )'ear ago, while the output of synthetic methanol is 18 cent from Febrwny, 1930. Pay rolls have declined to per cent less than in February of last year. a greater extent as part-time employment has spread Consumption of fertilizer showed a. seasonal rise in and some wage readjustments have taken place. Pay February, but remained at a rather low level. There rolls in the first two months of this year have been has been a decline in consumption of 40 per cent from about one-fourth less than in this period a year ago. Februar~- a year ago and a drop of 64 per cent from the Stocks of manufactured chemicals and oils increased same mnn tl1 in 19:30. Imports of potash salts in slightly, but seasonally, in February over the revised creased exceptionally in February due almost entirely estimate for January, and reached a record high point. to the receipt of large shipments of manure salts. This was 15 per cent higher than in the same month Receipts were slightly greater than in February, 1931, last year, but only 8 per cent greater than in February, but only about a third of imports in the same month 1930. Stocks of raw materials, unlike those of the two years ago. Imports of nitrate of soda declined manufactured products, declined by considerably more sharply to a record low point in February. Domestic than the usual seasonal amount in February. I{aw production of atmospheric nitrogen and synthetic ni material stocks in the first two months of this yenr trate of soda have increased to such a point that some have averaged only 5 per cent above stocks in this quantities of the latter product are now being ex period last year. ported. CHEMICALS STATISTICS il II I General operations 1 I il , i Tur- super-! By- ~ Ar- i '~------~·-· ------I! Ethyl J<;xplo- Rosin, 1 ~en- phos- i prod- senic, Jo'erti- PotashiiNitrate 1 1 I! ah,ohol sives wood tme, , phates· net 'refined llzer salts of soda 1 Employment I t'. R. B. Indexes Stocks 11 wood ' coke : 1 ]i j I I Year and month ~-~d~--~~~d-~!~i,- !~r~!-~--: !~a~-~~------'- -~---'------~,s~:'~-~~ Im~:rts Production ljnsted justed 'unad- I tured I terial· i . tion l ------~_::~:'..~_~oods I s :j I - --1--- -~--- I ~- Mon. tbJv a\·erage, 1"23-1"25=100 :1 Thous. Thons. DarrP]s ' 'l'hous. of short ~bort , Thous. I I' ~ J " " of gals. of lbs. tons 'tons :of short 1 Long tons -19-30-, -Febr~~-I'Y--~~-~-~~-~~-j·~~~.~-1--~:~~T~;.~r~no.o :~~~~; 33,244 ' 39,615 7, 478 362 3,977 80;;-:~:~;J~~6.~i 85,837 1931: ~ 1' if , February ______.! 94.5 95.6 92.9 :1 130.7 103.2 i! 8,859 28,751 :)2,332 5,ti34 249 2, 898 1,409 606 133,822 68,421 March I 89. 8 93. 3 89. 8 il 132. 0 96.? :1 11, Y29 : 25,414 33,544 5, 740 226 3, 256 1 50tJ I, 3.52 tlO, 394 120, 164 27,647 35,585 6,344 I 195 3,146 tr:~~~~:::::::::::::::::::::::::1 ~u ~n ;~:~ 11 mJ ~u !i n: ;~g ~ 26,960 33,593 5, 996 162 3,126 1:~~!: l, :~~ f~:~g ~~:zg~ June ______.. 1- 89.6 86.7 84.1 .i1 124.1 87.9 13,111- 25,981 34,747 5, 675 : 146 2, 715 1,024 74 14,650 29,711 July ______l 89.4 86.2 82.9 li 119.2 86.7 11,975 2.), 058 28,495 4, 370 ' 143 2, 569 997 25 67,958 18,809 24,548 17,074 2, 607 162 2,443 ~e':Jl~~~t,;;r:::: ::: :::::::::::::! ~~:? ~:6 ~Z:~ ii m:! ~~:~ ]U~~ 2fi, ,r,gg 25,058 3, 797 142 2,310 J·?,~~ t:? gg:~~ ~~:~~ october.______i s.1.1 85.1 so.s 11 121.0 1~o..l·.~ 16,037 :!r>, 2S2 2f>, 102 3, 922 141 2, 389 1;iso 94 50, on 33,968 N' oecveemmbbeerc._:::: -_::: -_ .._. --___ :_: :,: 83. I 83. 5 76. 4 1 131. 9 1 " , 14, OM 24,509 21,440 3, 547 143 2, 276 J, 126 o6 12, 872 29, 871 1 1932:D ------I 81.9 82.0 75.0 'I 1~6.9 124.6 14,002 18, {liJ0 23, 242 3, 733 188 2, 234 1,172: G71 ll,998! 17,029 January ______; 81.9 81.7 71.4 ,• 148.0 ll!i.9 J:J,n! I~, 175 23, 190 3, ti21; 187 2, !OJ 357 172 12,24.5: 34,137 February I' ~0. 2 81,1 72.1 l;iO. 7 106,4 20,006 i 3,121 1, ~96 841 365 35,729 8,404 Monthly aven;g.;;:~:,l:iuar~:tlJrough- I February: 1930 ______.. _ 110.4 109.7 !I 138.2 114.7 11,272, 32,1\1.5 40,285 7,494 111 4,0n 775 771 I 95,694 87,629 193]. ______. ______------, 95.9 91.7 il 129.8 10.).[, 10,304: 27,7~8 28,410 5,196 271 2,9% 1,490 475137,743 57,156 1932 __ ------_--_-_--_--_c_i ~s_L_4~-7-L_8-"il'-14-9_.4~-1-11_. 2~----_-_- -_--_-__1 _.. _--_-._._--_-_z_1_,6-01-'--3-, 3-74-'---~2_. 0-49-'--8-99--2-6-9 ~~ _z3_,9-8-7 _2_1,_2_11 16 SURVEY OF CURRENT BUSI~ESS April, 1932 Automobiles and Rubber AUTOMOBILE production declined throughout tion, however, showed a greater decrease than the fl February except for a slight gain experienced dur increase in crude consumption. The use of reclaimed ing the second week. Although the actual total of units rubber is steadily declining, whereas, usually at this produced showed only a small loss, the seasonally ad period of the year it is at its peak. Continued high justed production index of the Federal Reserve Board production of crude rubber has forced the price to declined 25 per cent. The reduction in output was successive new low levels, permitting the replacement. confined entirely to passenger vehicles, with truck of reclaimed by crude where earlier this move would production advancing 13 per cent. Exports ran con not have been practical. trary to production trends with foreign passenger-car Since last November rubber growers and the govern shipments gaining 10 per cent and trucks declining 16 ments most interested in crude. rubber production per cent. have been endeavoring to formulate a plan for crop The Federal Reserve Board index of employment in curtailment and restriction. On ~vlarch 19 the British the automobile industry during February stood at and Dutch Governments announced that the partic 64.7 per cent of the 1923 to 1925 average when ad ipants had found it impossible to devise an acceptable justed for seasonal factors. This compares with 67.1 plan and that the conferences were ended. for January and 68.8 for February, 1931. The unad Employment in the tire industry experienced a justed pay-roll index for February indicated n gnin small gain for February, continuing the series of in actual wages paid of 9 per cent. fractional advances registered since last November. Crude rubber imports into the United States during The employment index of the Department of Labor February continued the decline of the preceding month has moved steadily upward but the entire gain from and the total tonnage was less than the receipts for November to February amounted to only 2 per cent. any month in 1931. February domestic consumption Pay rolls have made a better showing with the index of crude rubber was moderately higher than the advancing in the same period from 43.5 to 51.4. amount consumed in February of last year and marked Employment in the rubber boot and shoe industry the first monthly gain over the same month of the declined 5.5 per cent in February while pay rolls previous year since last July. Reclaimed consump- showed a contraction of 8 per cent. AUTOMOBILE AND RUBBER STATISTICS Automobile li 1 Automobile I Pneumatic Crude rubber Automobile production exports :1 financing tires :~~ 1 :\ linltedStates :[canad~:: -~------~~~:~~~!1~ -~-Y--~~,-~B-y-! -- 'I Do- ,'1 --l-wo_rJ_d_ F.R.n.1 ---,--,------·:---!! I I sorles 1 1 1 Index, I,· I II Pas- ! j.i Total qPassen-, Trucks I_ I_ ship- whole- I con- ~~~: I mestie i lm- :stocks, ad- sen- I Taxi- ,, pro- !r gercars i ;i ments J~i- 1 sum- t.ion \ ship- ; ports ! end of justed i Total . ger cabs Trucks:, due- II I !i ers I ers . ments '_I !!month Year and month 1 1 ' cars 1 !: tion 1 : 1 __ ), ______l ______f ______--- ____.f___ -- _: ______l___ il------_l ____l___- 1 ~tooth-!! . 1 !y Janu- I aY-1; ary, X umber l\lillions of I , Long tons er~~::· i Thousands 1925= dollar; li 1 housands 1925= II 100 !I 100 II ' I I ----1---~-. ----:~------,-----~----.-·----,-;--,1 ~------1~-- -~------__ ]'i------1 ~:?:February______102 i 330 [ 279 851 I 50,398 li 15, Ms ! 18,732 6,750 [i 66 61 86 3, 645 3, 150 42, 998 : 366, 004 I FebruarY----·------68 I 220 180 529 39,521 I 9,871 1 9, 18< 4, 18< tj 53 50 66 3, 188 2, 580 34, 374 471,285 March ______,______67 j 276l'I 231 11,526 6,002 ,I 65 410 45. 161 I 12,993 I 1 63 92 3, 730 3, 143 40,788 487, 716 665 50,022 11.159 I 71 113 3, 955 3, 804 44, 908 487' 696 tr:~~~::::::::::::::::::::::: ~~ 1 ~r~ ~f 340 45,688 : 12, 738 ~~: ;~~ ~: :~~ 11 ~7 73 109 4, 543 4, 197 35,844 ' 497,707 1 June______M 1 251 210 3fl0 5,843 4,340 ]I 61 40,244 i 6, 8351 58 105 4, 538 4, 320 46,939 i 496,238 July______60 I 21~~. 184 180 34,317 i 4. 220 6, 478 3, .>18 I' 57 49 96 3, 941 4, 244 44,052 1 509, 139 August______52111 o 155 104 31,772 I 5,69U 2,356j 66 44 80 3, 125 3, 845 39,033 511, 754 1 141 31,338 36 68 2, 538 3, 034 38,933 519,846 ~~~~r~~~::::::::::::::::::- ~z i ~~~ ~ 6.)) 21,727 : Ub~ !: ~ !: ~8 26 61 2, 379 2, 185 41, 398 539, 907 November______3~ II 69 48 · 999 19,683 : tE~1, 247 II 1,928 1,184 i i3 16 49 2. 001 I 2. 223 45. 103 566. 429 December______66 I 122 97 1,144 23,644 ' 2, 432 5, 753 3, 3331 66 29 so 2,11s 2,111 1 53,818 586,o7Z 1 1932: II' 9" i January______45 i 119 , H7 20,041 3. 731 1 4,474 2,515 ' .10 35 25 23,303 33 Mo~~?~uar;;eraie·,----i,;i,\lai:i 3{ 'I m 94 s,m I 4,93o 2,113 ------1~ 1~ --~~770-~--~~~~~-,1 i~:~~~ m:m thf8fog-~-~~~~u"':::______100 I 302! 256 90'J 44,902 12,9681 17,013 9,8131: 731'1 [;7 79 1 3. 617 3, 249 , ~ 45.451 355. 574 1193932L_._-_-_-_-_-_-_-_-__-_-- __--_- __--_:::·_-_-_-_-_ 4606 196 159 521 ' 36,526 8,184 ' 8,888 4,41.1 1I 50 45 64 3, 064 2, 718 1 3.'), 486 465,882 I 21,921 4, 604 i I 1 I 118 96 i ml 4,702 2,3J4 ~;------' 34 I 451\ ------~------.\ 30,925 6!4,275 I. I April, 1932 SURVEY OF CURRENT BUSINESS 17 Textile Industry URTHER general improvement was shown in prices of cotton goods were steady and averaged 1 per Fmany branches of the textile industry in February, cent higher than in January, the first advance of any although the seasonally adjusted production index sort since November, 1930, and the largest monthly rise declined. Stocks of goods were reduced, prices were in nearly three years. generally steadier or slightly higher, pay-roll disburse Boston wool receipts were 28 per cent smaller in ments were larger, and employment increased 4 percent. February than in January and about one-third smaller Consumption of raw cotton averaged 11~.. 200 running than in the same month a year ago. Activity of bales per working day in February, 6 per cent more woolen spindles was 11 per cent higher than in January, than in January, compared with a usual seasonal in but worsted spindle activity was 4 per cent smaller. crease of about 4 per cent. Output of 300 classifica As compared with a year ago activity in February tions or constructions of carded cotton cloths again was 12 per cent and 6 per cent lower, respectively. increased sharply, and in February totaled 61,086,000 From January to February there was a slight decline in yards per week, 5 per cent more than the weekly out prices of territory fine staple wool at Boston, the first put of the preceding month. While sales of these change in several months. Wholesale prices of woolen cloths were about one-fourth less than in January, and worsted goods declined less than from December they were slightly in excess of the large February pro to January, however. As compared with the same duction. Stocks of carded cotton cloths were smaller month a year ago, wholesale prices of woolen and at the end of February than at any time for which worsted goods in February, 1932, were 14 per cent comparable data are available by reason of the fact lower. that shipments have continued to exceed production. Deliveries of raw silk to American mills were 22 per Unfilled orders at the end of February were equivalent cent smaller in February than in the preceding month, to slightly more than six weeks' output at the February and 15 per cent less than in February, 1931. Whole rate of production. A sharp increase was shown in sale prices of silk and rayon again fell 3 per cent in spindle activity from January to February, 5.7 per February as compared with the preceding month, and cent, and in the latter month operations were at 93 per reached a level 63 per cent lower than the average for cent of capacity on a single-shift basis. Wholesale 1926. TEXTILE STATISTICS = :1 I'I! Wool manu- ''I . 1:II Sdk. ·-= Cotton, raw Cotton manufactures 1 Wool I factures • Stlk p and =~ -~-- -=.r~ ~~~-~-;-~!~-~. ~. ~·~--;;i:ra~on 11 ~:;. ~ i =.. :;:: ~ Cotton textiles (23 groups of "e I ~ '~- ~ I Spmmng ·- I' .:: oe e I oe "' = -.: textile constructions) ·;:: Q I =- I... ii'= I spindles ' e d !:. ~s ;= ; e:s 1~ ;~ ~~ ~~~-- I ..\ s 1: ~ ;:~ =¢ I S.c:~ -- • [ •.... l .. c..c:: I '= J;'-.C: ce,.. r/J._ ...,. "= I ~ . ~ [: "; Yearandtnonth c,;.= ~; I .,~¢ ~.S ~.... ~tll 1 (/)¢..- ~._¢..- ~"E:§ =.:: i .,f = .£ i ·~ ~~ -~ =·- ·rJ2~~ -= .;~ I ~"CCg a~-=; =·=~ ~0 =S~;= ~ r/l , ;: :: 0 ~ = "w = = =~ -="' . == e I .. =e .:::~ 10. ..,... "= "= ~ .. ' - ·. ~~-~~~~-~-~"- ~ : =:'" _:e I~_:_~_,A_:_~ ~- ~~ -~~-="' ... 1! ~ ~ :1~ ~ ~:- ~ Month· I Mont_h·i i . I· ,·1 ! Month· ly av- I Thou- .Mil· I ly a;· Thou- , Dol- Per t'Cnt of ac· 1 !I Jy av- e[;{;': Bales lsands ofl lw.ns of I Thousands of yards e1~"l1": :sands of! Iars per 1 tive hours to il Bales ! erage, 1925 ~ 'I bales s~~~~~e 1913= I pounds I pound I total reported '_I i 1926= ------~-~~--:-- --•---·------1--- -~-1--1------it--1 _:_ J~~~::r:::~:::::::::::::::::: 1~~ ::::::: il :::: ::::: I ::::::: ! :::::: :::: ~~: I :::: :~: ~: I ::: ~:: I 0: :: I :: :: II :::::: !! :~:: March ...... ~--~----~--~·· 97 490,500 8,136 7,000 i 271,63813\7,185 273,781 373,951 121 li 13,279, .6611 57 57 ·I 55,383 45.8 ApriL...... 96 50R, 691 i 7, 404 7,125 225,955 1 217,582 282,154 294,118 119 li 17,7751 . 65 55 57 141,356 43.4 May .... ~---~······~·------97 465,363j 6,748 6,733 225,392! 205,603 301,943 248,544 115.:30,341 .63 60 66 45,073 41.4 June ...... ~··········~----·-- 96 453,901 1 6,102 6,630 1 260,163 273,871 288,235 330,575 ll21 56,743 .621 61 73 '142.161 4l.U July ...... 100 450,884 5,520 6,5281192,545,1 211,331 269,449 277,597 111 79,381 .62. 64 83 · 44,746 43.8 ~...... I !! 1 August. .... ~--····-~······-- 99 425,819 i 5, 266 6,193 ::o~. 050 1227,644 250,855 217,508 ' 100 'i 36,850 I . 63 66 78 46,454 43.7 September ... -----·-··~-·---- 100 463,7041 7,072 6,5401272,118 278,049 244,924 227,1671! 951118,707 .62 63 70 53,819 43.5 October ..... ~-----·----·-~--- 93 462,0251 10,566 6,595 227,116 216,207 255,833 344,639:, 911! 9,628:1 .581 53 49 56,668 41.7 November. .. ---~~~---~----~- 89 428,870112,137 6,014 231,446 213,889 273,390 354,9b7 : 871! 7,0261 .58 46 51 1 50,645 41.~ December----·---~----~----- 88 415,5,17\12,056 5,951 254,692 1 237,834 200,248 322,039 i: 85 : 7,577 1 .5~ I 39 49 ! 48,432 39.0 1932: I I il' I' I : January ...... 89 435,337!·11,669 6,214,232,7071268,899 254,056 391,150· 85 ·11,2351 .~s!i 52 53]58,793 37.7 J<'ebruarY------·--·---~--- 87 !50,018 ll,lH 6,567 %44,342 258,7!4 239,654 377,988.!1 86 1'·. 8,127. ..7 '1 58 51 .. ' 45,909 36.5 Monthly average, January [ •' [:, I 1 1 through February: :i I 1 1930 .••. --~-----····-·-·----· 102 535,2781 6,947 7,632 295,068 303,012 448,972 376,230 ·I 1511: 13,997 .80 1i 62 57 I 53,768 74.7 1 __ 1 __ ii__ __ -~I~~~:~:~:~~~~:::::~::~:::: !~E~:m 1i:~M _::_~~- ~~km ~~~:~~~-~~~:m ~~~~~~ 1 ~~~ l~ ~:~~i_l :~~ ~~----~~ ,I~~:~;~~-~--~~~? I Months do not contain same number of weeks. 109570-32--3 18 SURVEY OF CURRENT BGSINESS April, 1932 Food Industries ANNED vegetable consumption has been main heifers available, but the aggregate supplies were 10 C tained at a fairly constant level throughout the per cent greater than during February oi last year. winter, despite increasing competition from fresh There was a curtailed demand for stockers and feeders products. Abnormally mild weather has permitted throughout January and February. Shipments of heavy shipments of fresh vegetables to continue cattle for feeding and grazing purposes from 12 mi1rkets through the usually restricted periods. February into the Corn Belt States were also in a small volume. shipments of canned goods gained substantially over The total for the first two months of the year was January and an even further increase took place in approximately 50 per cent below a year ago and was early March. the smallest movement for these months experienced Citrus fruit crops were not as large this season as a in the past 12 years. year ago, but the consumer demand was good and for Butter in cold storage in the United States on March wardings have been comparatively heavy. This 1 totaled 15,100,000 pounds, which is slighly less than movement is not accurately reflected in rail-traffic half the total holdings ot a year ago. The amount statistics, since there has been a decided increase in held on this date for the past five years has averaged motor-truck shipments from Florida and Texas. 22,300,000 pounds. Dressed poultry receipts at four Extremely cold weather in early March brought major markets for the month of February amounted injury to many prematurely advanced food crops, to 19,600,000 pounds compared with 24,700,000 pounds particularly in the Southern States. Hardy truck received during the same month last year and a 5- crops were not affected to the same degree as the fruit year average of 24,700,000 pounds. and tender truck crops and received a compensating Salable chicks hatched during January showed a advancement in the extreme South by good rainfall. moderate increase over last year despite a slight Supplies of lower grade steers at Chicago during decrease in orders for later delivery. Case eggs held February reached an unusually high level. This was in cold storage on March 1 amounted to 265,000 cases partially offset by the small number of cows and compared with 408,000 held a year ago. FOODSTUFFS STATISTICS I l'ood products in- [ I! 1'1 l dustry i ~~~-~~~;~~~:----~- ~ --~;r~-~! _A_n_im_al_p_r_od-u-~-:- t i,i ;,-R.~~------1 I "' 1 ii i~: I=!~~ .e. =rJJ ¢ 11 I!Q .§ I ~ ~ I! 't: i =· .. ::: I :a ..,.:.: "' ;=.., = I 8.., I ~ "' ,-~~--~~ ~ ·i 111 ~~ -=~ i =.~= ! i ~; ~!i :i ~~ i I --= I btl 1: 1] .: a~ II ;oo e! .s ~ -as~ : ~~ ooOO ~a! 'aj i I ~ ~ I ; ~ · _,.!: .,.., 1 ~ ·o:-=-= ·~ -= =- "' - 1 "'.r- ~~: e ,_, ie~ -.:~ I t= ;= ~i! ~ = !.! jl;-= f: t j s ~= ~ I - Year and month J ! - . ~~"C1 ._~~ c.c: o l:ol t - f "C :; e I '"' ,.Q-a = "' I "' ~ ~ ~= 1 =- 1I a:e '; ·a:: ... I = ~ «'S- ' ~ -=...... ·>(-'"' : - -'~~ ~ I ~ ~ .... " s" -= = ' ll I' .~~;;~ ~ '. =- i a;-; ; ~ ::· ; ~ 0 "¢05 = "¢ I ~ i ~ roo i:: I ~ I,' r= ;;.. ! ,::l : ~ ! ..,. ,...... ""' = IE-< E-< i;;i - ~------~-~ ---,~~ --~~~,-~ ~ s... I ''Q 10 10 "'~ Monthly I ~1onthly average, ..=~-~- ~ average, Millions of bushels 1 1 Thousa1His 1923-1925= 100 ;: --: 1923-1925= 100 ;i ~~;~!~?1 ~f3° ii ~~~ g~ 1! i ~ - -- § 8. =~ -~.0 2~ I o- o , I, ~ ~~ I ~ ;:4 i ~ , ; F4 ... I ... ------~----- ...., " _I ~----,'-----~ ------·--1 ~----~------~~- 1930: FebruarY~~~~~~-~~ l1 941 96.7 95.8 62.3 83.8 ' 20 160 : 1931: l February~~~~~~-~~~ 78.0 66.8 85.5 ir 31 202 921 90.3 : March~~~~~~-~-~-~~' 87 89.9' 77.6 64.4 94.0 •: 31 207 I ApriL~~-~~-~~~~~-~! 95 , 90.6 76.3 53. 1 101.21\ 21 200 I ·;;_·I Nl lli!l 90.8 i 73.8 62.0 31 198 i 10il ! • 76 : 11 ~12 . ~;I56 i i:~1, 551 i~l2, 938 1 1,ti 062 313 ii~!1, 415 106.711 88.7 l 73.3 55.2 118.0 30 191 12 I .• 6•, r.·l 13! 8 • 58 ' 1, 540 2, 8541 1, 014 382 1, 037 88.1 74.0' 103.0 105.2 104 218' 171 47 16 9 . 57 1, 488 2, 511 946 473 1 1, 100 I I wi~~~~~~~~~~~~d i! 88.1 74.6 83.9 94.3 ' 61 ~i~; 12 . 51 'I 11 8 . 46 1. 821 2. 454 798 532 884 SeptembeL~~~~~~~~r 93 87.5 119.3 91.51' 39 12 .~6 i 8 I 6 .42 1, 797 2, 727 I 638 330 794 85.5 ~U! 219.2 96.6 33 231 15 . os 14 I 7 • 38 2, t37 3, 462 I 506 269 907 1 ~~~~;,~er~~:::::::l ~i 85.9 71.0 : 158.5 97.5 26 230 I 13 . 69 12 1 10 • 43 1, 866 3, 752 I' 523 189 936 December_~~~~~~~~~ 98 86.3 ' 69.1 I 96.4 97.2 I 14 221 : 12 . 60 'I 1! I 13 . 37 1, 453 4, 210 736 ' 218 I, 203 1932: I JanuarY~~~~~~~~~~~~ 94 85.3 I M.7 88.6 91.5 17 212 8 61 : 1o I 15 . 37 , 1, 376 4, 218 i 876 289 1, 220 87,:! I 2.) 1 FebruarY~~~--~~~~~ 96 1 83,7 I 62,5 ,I 79,4 210 8 I :59 :I H I 19 • 34 :1, 281 3, 659 I 1, 026 i37 1, H9 Monthly average, Jan~ uary through Febru~ I I arrJ3o.~~~~-~~~~~~~~~- 96 r 97.1 96.5 ' 69.0 19 163 121 1. 191 31 ! 20 . 84 ;, 483 4, 251 11.030 288 1, 133 89.3 II 193L.______93 I 90.7 79.3 1 70.5 90.1 30 200 5I , 7l ' 20 19 .63 1.,406 4,1781 1,026 284 I, 192 1932~~~~~~~~~~~~-~-~ 951 84.5 63.6 84.o I 89.4 21 211 8 I • Bo ,1 12 17 . 36 1, 327 3, 939 951 363 1, 1s5 i I 1 1 April, 1932 SURVEY OF CURRENT BUSINESS 19 Forest Products ROGRESS has been made recently by the lumber reached a new low point, having declined 15 per cent Pindustry in meeting the adverse conditions brought from the previous month. The present rate of pro about by reduced consumption. Production has been duction is only a little over half of the rate prevailing brought more into balance with orders and the in a year ago and one-third of the rate in February, 1930. crease in stocks checked. Reports from 600 large Employment declined slightly in February as com mills indicate that production in the first 10 weeks of pared with the previous month and reached a new low this year was only 20 per cent of capacity, but in this point. The present situation represents a decline of period orders have exceeded production by 46 per cent, 23 per cent and 44 per cent, respectively, as compared while sawmill stocks had been reduced by lVIareh 12 with employment in February one and two years ago. to a point 17 per cent below a year ago. Pay rolls in the lumber and lumber products industry Production of softwoods in the first 10 weeks of the also declined to a new low level in February, the usual year was off 47 per cent as compared with a year ago, seasonal increase having failed to appear. Pay rolls in while hardwood production declined 49 per cent in the the first two months of the year were 41 per cent less same period. Softwood shipments declined 65 per than last year, and were only about one-quarter of the eent and hardwood 75 per cent as compared with 1923-1925 average. a year ago. The southern pine industry has shown some increase Lumber imports in January were 37 per cent less in in activity since the low point reached in December. value than a year ago, while exports in this month New and unfilled orders have been increasing, while were only 20 per cent less. The decline in exports has production has increased, but at a much slower rate. been chiefly in southern pine, and to a lesser extent However, operations in February were still at a low in hardwoods. Foreign shipments of Douglas fir in level as compared with previous years, production being creased 17 per cent as compared with January last year. 42 per cent less than a year ago and 64 per cent less Lumber production in February, as indicated by than two years ago, with new orders off 30 and 52 per the adjusted index of the Fedeml Reserve Board, cent, respectively, from the same periods. FOREST PRODUCTS STATISTICS ) II II :1 I ~General operations :'•. :!*i.X:t~:~ iii Southern pine i! Douglas fir 1 Hardwoods I IFurnl ------,---- I --- II --,,------,--- Car-1 ture, load- Mi!,'d i lngs, ~ L:~- Em- :: ! ~~~ I 11 ! forest orders, pro- ploy- Pay II Total I Pro- I Un- I, Pro- Un- Pro prod- 1 south- d~e- ment, roll, 1 forest 1 Naval 11 due- New lilled 11 due- New lilled New J1~ Year and month 1 due tJon ad- unad- prod- , stores I tion orders 1 orders 11 tion :orders orders orders orders u cts '! 1 11 tlon e:rs!• . ad- justed justed 1, ucts i I It Idistrict JUsted ,I 1 I I I ,I<'.R.B. 1, , 1, I ,, , 1 I , ______l__ ___ ~·-·-·-' ------~1-- __ L______l_;_ ____j_ I I ii Thou- i Dollars Monthly a\·erage 1923-1925= 100 !! :Millions of feet, board measure sands of[ per ) cars I firm li l -~------1·----- ·- --~ ---~-- I I 1930: l<'ebruary ______, 78 65.9 ! 276 255 290 635 77.41 72.61 27.0 II 245 I 246 203 I i i 255 I 2441 190 1 44,637 1931: . I I 44 56.3 I 45.6 I 544 25. 5 1 154 , 171 179 189 r· 158 : 188 481 1381 34,160 r:~:~~:~:::::::::::::::::: 48 55.7 46.2 ' 59.3 174 1071121 186 217 165 i 173 473 29,798 April ______------39.71 165 ) I 47 55.4 44.9 1 63.6 98.3 165 169 104 202 224 )f,216 I' 146 154 463 gg 28,248 JuneM~y ______---·--··-·-·. ------· ....____ : 48 55.4 66.7 136.5 148 158 84 I 207 189 J36 I 146 I 158 431 19,338 471 54.4 :u: 67.2 189.9 127 140 200 191 163 143 i 176 419 ~g~ I 56,865 July------__ ~---.-- ---i 42 52.0 41.7 186.1 I 122 ! 147 ~~ l1 149 181 166 ,• 109 139 402 1061 47,997 38 I 51.1 41.3 64.6164.3 141.5 i 120 I !51 172 188 Ill II 101 131 375 47, 706 36 49.4 1 40.3 67.5 117 . 831,74 I !55 !59 125 ,' 105 131 387 f~: 42, 180 te~~':i>el-~ :::::::::::::::: :! Ill. 9 II October ___ ... ------33 48.4 1 38.2 . 63. I 114.0: 117 1381135 58 I !50 81 I 105 ' 131 374 1231 22,100 November ______------__ 27 47.4 1 34.4 I 56.7 97. 2[ Ill 111 62 I 116 f~i I 1o5 I 105 . 131 370 87 1 16,286 December------27 45.4 1 31.21 53.31 90.4 i: 78 73 51 i 1o3 I 1151 86 : 86 105 367 n: 14,469 1932: I I , January.------·--··-· 27 43.9 i 26.6 I 49.5 I 26.1 f/ 80 106 ) 61 i 991 126 i 114 : 68 120 I 356 I 73 :---·---- 2.';,9 I February------, 23 43.3 i 2Uii 89 119 1 H Jl6 I !121 lll 1------~------1, 77 ------·- 1 so.•! Monthly average January I I through February: I I II I 76 78.5 I 72. 7 I 248 196 ,: 21! 56,660 1930.------37.5 II 250 2381 1931. ______- 0------0 ----' 46 56.3 I 44.8 i 54.5M.91 3!. 3 I 160 181 I 1121 170 1 191 "'183 Ii "'151 ' 179 ""469 : 135 32,971 25 26.3 50.0 85 68 !1 ""119 '~ I 75 1932.-00------0------43.6 ! i 25. 1 ' 11a I 108 i 113 ::-·------:------~------! ------i !I II ) 1 Data for May, August, October and December contain 5 weeks; other months, 4 weeks. 20 SURVEY OF CURRENT BUSINESS April, 1932 SECURITY MOVEMENTS-NEW YORK STOCK EXCHANGE YEAR AND MoKTH 3, 731 86.12 503 35, 179 3,822 88.15 513 34,534 3, 737 85.19 520 32,271 3, 868 86.45 529 33, 457 3, 923 87.24 M1 34,129 3, 941 87.55 M3 35,605 3, 938 86.94 548 36,786 4 045 87.59 552 37, 115 4:097 87.92 556 37,301 4,188 88.12 561 36,296 4, 235 88.42 565 37,034 4, 305 88.78 586 3R, 376 33,024 32, 956 99.79 4, 770 4, 393 92.09 592 38,602 33, 069 33,008 99.81 4, 791 4, 389 91.61 595 39, Dn6 :H,R95 31,937 100.13 4,sn 4, 468 91.68 602 40,127 31,863 31,903 100.12 5, 046 4, 632 91.79 605 40,507 32, 014 32,093 100.24 5, 083 4, 671 91.89 61-1 42,530 31, R89 31,814 99.76 5, 095 4, 549 91.24 624 41,964 32 193 32,217 100.07 5, 220 4, 785 91.67 626 44, 909 32: 156 32,297 100.43 5, 274 4, 839 91.75 fl30 45, .531 31,803 32, 003 100. 63 5, 351 4, 946 92.44 636 47, e10 31,791 32, 046 100.80 5, 438 4, 997 91.90 649 4C, 029 31, 049 31,443 101.26 5, 607 5,178 92.34 648 48, .127 31,219 31, ()16 101.27 5, 662 5, 259 92.87 655 49, 736 30,-184 30. 8!1 101.17 5, 739 5. 3r,r, 93.49 660 49, 14,5 30,430 30. 736 101.00 5, 8!0 5, 470 93.66 665 48.485 30 1(:8 30,825 101. lfi fi, 8fl0 5, 51:1 94.07 672 52. 371 30:498 :Jo, 722 100.73 17, 938 17,579 98,00 675 54,819 30.488 30,433 99.82 18,067 17,630 97.58 684 55,735 30, so:l 30, 28·1 99.27 18,121 17,669 97.50 688 52,930 30, 198 29,674 98.26 18,139 17, 386 95.84 696 53,729 30, .514 30, 008 98.34 18, 181 17,501 96.26 706 57, 386 29 .•173 29. 075 98.31 . 18,212 17,.>00 96.08 711 59.332 29,622 29,2151 98.62 I 18,657 18, 119 97. 11 728 61,076 29, 729 29,342 98.69 18,752 18.156 96.82 742 06, 113 29,777 29, 178 97.98 18,812 18, 201 96.75 757 67, 472 1929 'I 48,624 47,395 97. 47 p 29,005 29,127 9i. 72 18,818 18,268 97.07 808 71,060 48,697 46,889 ~6. 2s I 29,874 28, 985 97.02 18,822 17,904 95.12 843 71,872 48, 738 46, 372 95.14 ,,I 29,832 28, 585 95.81 18,906 17, 787 94.08 86:3 69,770 ¥J1Y~-l--;~~::::::::~~~~~~:::~~-:::~::::::~:~~~~~:J 48,915 47,072 96.23 ' 29,999 29,007 96.69 18,916 18,065 95 . .>0 897 73, 71Y May ______------______I 49,277 47,297 95.98 I 30,350 29,506 97.21 1~, 927 17,791 93.99 932 70, n1 June ______49,263 46, 974 95. 35 30,290 29,095 96.05 18,972 17,879 94.23 945 77,264 July---·- ______. ______48,969 46, 7.57 9.5. 48 ' 30,160 29,073 9ti. 40 18,809 17,685 94.02 971 81,569 August_ __ ------______Septemb<:r ______49,027 46, 741 95.34 I 30,156 29,007 116.19 18,871 17,734 93.97 1,006 89,668 49,017 46, 456 94.77 30,142 28 8ll 95.58 18,875 17,646 93.49 1,048 87,074 October ______. ______30,216 November ______49,075 46,619 9.5.00 ! 28:898 95.64 18,859 17,721 93.97 1,110 71, 753 49,048 47,002 95.83 I 30,059 29,096 90.80 18,989 17, 90!l 94.29 1,117 63,589 Decen1her______30, 09S 64,708 49,058 46, 892 95.59 I 2~. 204 U7. 03 IR,960 17, 6&9 93.29 1,128 1930 January._. ___ ..... _._. ____ . __ _ 49,282 47, 171 95. 72 1 30, 328 29, 331 96. 71 18, 954 17,839 94. 12 I, 165 69,009 February ------49,250 47,372 96.19 I 30,295 I 29, 4(;9 fl7. 27 18,955 17,902 94.45 1,170 70,807 March ______. ______49, 5o:J 4R, 291 97.55 I 30,473 I 30,025 9S. 53 19,030 18,267 95.99 1,179 76,075 ApriL .. ______----I' 49, 670 4R, 057 96. 75 II 30, .i321 29, ~,5\ 97. 77 19, 138 18, 206 95. 13 I, 199 75,305 May_____ ------50,029 48, 4S9 I 96.92 30, 6fi5 30,042 97.90 19,343 18,446 95. 36 I, 221 75,019 June ______------50,204 96. 78 30, 764 30,039 97. 64 19, 440 18, 550 95. 41 I, 231 63,892 --! 48, sss I' July .. ______50,375 49,102 97.47 30,831 30, 30:! 9K 29 19,544 18, 799 96. 19 I, 270 67, 221 August. ______50,457 49,294 97. 69 1 30, b~ 30, 428 98. 58 19,590 18,8661 96. 30 1, 282 67,721 September_ 50,027 48,715 97. 38 I 30,877 30,.516 98.83 19, 150 18,199 95.03 ' I, 284 60, 143 October. 50,192 48,418 96.47 II 30,998 30,244 97.57 19,194 18,173 94.69 i 1, 297 55, 026 November __ 50,095 47,960 95.74 30,~76 29,798 96.51 19.219 18,162 94.50 1,296 53,312 December. 50,073 47,38.5 94.63 30,842 29,579 95.90 19,231 17,806 92.59 1,297 't 49,020 I January______49,882 47,546 95.32 I 30,811 29,610 96.10 19,0il 17,936 94.05 i 1,2991 52,062 February 50,109 47,870 95.53 i 31,049 :l0,015 96.67: 19,060 17,855 93.68' 1,298 57,055 March______50,789 48,46:l 95.42 , 31,633 30,495 96.40) 19,156 17,968 93.80 1,298 53,336 ApriL______50,912 48,2821 94.84 31.~02 30,436 95.70: 19,110 17,847 93.39 1,305 1 48,570 May______50,E49 47,630 9:3.67 31,742 30,117 94.88! 19,106 17,513 91.66 1,306 42,534 June______51.846 49,133 94.77 32,744 31,389 95.S6I' 19,102 17,744 92.89, 1,303 1 47,417 July______51,939 48,376j' 93.14 32,746 31,269 95.4\l 19,192 17,107 89.13 1,3031 44,423 August...... _ ------51,950 47,319 91.09 32.762 30,714 93.75: 19,188 16,605 86.54 1,314 44,587 September______52,671 i 43,031 1 81.70 33,551 29,640 88.341 19,121 13,392 70 .. 04 1,317 32,327 October ____ ------52,599 41,7031 79.2b 33,500 28,852 86.13 i 19,100 12,850 67 281 1,319 I 34,247 November .. ------52,547 .39,512 75.19 33,451 2''.141 84.13 i 19,097 11,371 59.55, 1,319! 31,105 December. -~~~~-----_--_-_--_--_-_-_--_-_--_-_------'-52, 3GO : 37, 848 l___ 7_z_. z_o___.._ __33_._4o_9--'---2-6_, -_,o_1__.__ __8o_._1_9--'i,___1_s._9_5_1--'----1-1_. o_5_s___ s_s_. 3-5--'!!.. __1_, 3-1-9 __._! __2_6, 694 t Compiled by the New York Stock Erchange to show price movements of all securities on the exchange and the growth in the securities listed. The figures have been compiled on a monthly basis as far back as Jan. 1, 192.5. As issued, the statistics represent the condition as of the first day of the month. However, to facilitate the use of the statistics with relation to the other series carried in the Sun•ey of Current Business, the flgures have been moved back one month and are considered here as reflecting~the condition as of the end of the preceding month. Tbe increase in the bond figures in April, 192 ;, was dne to the inclusion in the total of $12,000,000,000 of British Government bonds. April, 1932 SURVEY OF CURRENT BUSINESS 21 WEEKLY BUSINESS INDICATORS [Weekly aYerage, 1923-1925= 100] 1 i 1932 1931 1930 1929 1 1932 1931 I 1930 ' 1929 ITE:\{ Mar.1Mar.IMar.ll\Tar.IMar.fMar.IMar.IMar. Mar. 1\I:;.·j ITEM 11\;:r. Mar. Mar. !\f~r. M:r. ;1~rF1~; Ma; MarJ~1ar. 1 ~~~~~-5-1~ 1_1_4_1_7_1_:~! ~5 -2~- 1~-1 119 ~ ~ ~ -~~- ~-·~ ~ ~ .. ~ 1 1 •composite index, N. Y. : 1 I J ! I ~~~ Wholesale prices-Contd. I I Times•...... 61. 3· 61. Or 60.41 78.2 77.5 76., 92.8 92. 8!05. 2 105.0 Fishers 1926=1QO- I •co:npositeindex, Business. I . : . 1 ! ! I ! I 1 I Total (120) ______, 63.1 63.3 62.9 76.0 76.0 76.0 90.7 90.9. 98.3 98.2 """k_ .... __ .. ----- ______56. 9j ~·· 9j 51.7: 81. 51 81.9 80. 2 9.5. 6 95 4,104. ll106. 7 I AgriCultural (30) _.. 146. 1 46. 4 46. If 67.0 67.4 67. 5195.9 96. 5?00. 7 101.3 1 1 Detroit~mployment ______1...... 0.8r.-----;-----~82.5: ..... -----1.108.0 ..... 137.811 Nonagrwultur~l (90) 66.2 66.3 65.8 78.7 78.6 78.5 88.4 88.3, 96.2 95.7 ProductiOn: 1 1 1 I , : 1 , I 1 , Copper, el~ctr<,>lytw. ---- 42.0 42.0141.3 71.01 71.7 72. 5129.0129.0,171.0 1152.9 Beehivecoke...... 8.61 8.6r 14.3 14.7:1o.9 28.2, 20.9l' 51.0 51.8 1 Cotton,middlmg,spot-. 25.4 26.1 26.5 40.11 39.7 40.8 58.5 54.0 77.6 79.4 Bituminous coal (da. ! , 1 1 I I I " 1 • [1 Iron and s~eel, composite 1I 71. 4 71. 4 71. 3 76. 6176. 4 76. 4 84. 3 84. 4: 87.9 87.9 1 av.) ...... · h7 78.7. 56.5 72.5181.9 75.4 16.61 79.0 83.8 1 95.a II Bankmgandtmance: 1 1 Building (new awards) .. j ..... 1 2~.8 1 ..... -----, 96. 9!------! 92. 5~----- 110.6 II Bank debits outside N. j 1 1 tElectrwcurrent...... 92.3!9-.3 91.2101.0 100.6:99.9103.4 104.1101.0101.3 ,r Y. C. (da.av.) ...... 68.6 65.2176.7 100.8j88.1113.7126.6114.1146.6128.3 1 1 1 1 1 Petroleum (da. av.)_ .... 1103. 61103.01102.8108. 9jl05. 21103. 6.12~. 1 12!. 0127.5126.0 11 Bond pnce~------90.5 91.5189.9 107. 7r107. 8107.8107.0 105.9 105.71105.7 1 1 ~teel.mgots ...... 32.9 34.2i 35.5 75.0; 75.01 71.1 96.1 91.4 125.0125.0 1[1 Busmess failures (num- I 1 1 1 1 1 1 1 Recmpts. . 1 I 1 , 1 . 1 her) ...... 174.0 168.3161.9 134.9138.8150.9 137. 1 137.6107. 6 113.0 Cattle and calves ...... 62.3 53.5! 55.7; 76.0I61.li 58.9 .. 68.0, 77.8; 78.5 69.3 Federal~eserve R. M. ! I 1 Cotton ______1 62.7 82.7, 88.5143.5 62.3 66.4 45.0 40.0,68.1,73.8 I1 banks , , 1 1 R)lgs_ .. __ .. ___ .. ____ . _.. ?4. 9 69. 61, 70. 1i 80. 91 67. 9i 66. 1 63.'2i 81. 21 ~2. 8 63. 6 • L,oans and discounts_ 99. 1 99. 5j100. 7 124. 2.123. 0 123. 5 134. 81133. 7, 132. 4,.131. 5 \\heat ______35.0 42.9. 61.3, 85.9 99.5.118.0 40.1; 51.3, .6.3 79.7 Net demand de- I I 1 1 D)stribution:. Car loadin!(s.. 59.7 58. 8i 57.2 75. 8; 75. o! 73.9 89.5 90. II 98.3198.0 posits .. --.------91.0 90.8 91. 1114. 1:113.6111.9 108. 31108.91 110.0 110.9 1 1 1 '\\ holesale pnces: _ I : ! I I ! Time deposits...... 125.4126. 0~1~5. 71159. 9!159. 8160. 81~3. 81153. 2150.!!151. 2 Dept.ofLabor1926-1QO- I . 1 1 Interestrates,c~ll ______60.6 60.6 60.6 36.4 40.5 36.4 12.7193.9206.1 178.8 1 1 TotaL. ______66.51 66.5. 66.2 ..... •.----+------____ ...... Interestrates,tune .. ____ 79.1 80.0184.8 48.7151.4 49.6 94.3100.0182.9 180.0 Farm ______M. 6: 51. o 50. 9i-----'-----'----- ..... -----[· ____ _;_____ Money in circulation ____ 114.0 114. 6!115. 21 94. 5f 94.5 94.7 93. o 93. 4' 96.6 96.8 1 1 Food .. ------______152. 41 62. 9. 62. 7: ..... :.. ___ , ...... _...... I. __ .. Stock prices ... ____ .. ____ 73. 7l 79. 2. 78. 3 168. 2166.9 167. 4 236. 5!·233. 1 252.9 1250. 7 ------"-·~1 _.:___lc__--'-i- . j I I . I i I I *Relative to a computed normal taken as 100. tRelative to weekly average, 1928-1930, for week shown. WEEKLY BUSINESS STATISTICS 1932 I 1931 --1 1930 I 1929 II 1928 ------IT:______!rar. !91l\1ar. 121- Mar. 511rar. 21_ l\1a~~4 Mar. 22_1_~:~~ I Mar. 23,_Mar. 16.1: Mar.- 24 I ~I~. 17 PRODUCTION AND DISTRIBUTION I : I I li I coal production (da. av.) .... thous. tons.. 1,290 ' !, 341 I 962 I, 235 1. 562 1, 305 i 1, 346 ] 1, 427 I !, 1 I, 672 1, 684 Bit!-lz~inous ~27 1 1 BUJidi.ng contracts (da. av., 37 State~) ... thous. dolls .. ----·-;·c- 3, 982 ------1·------15,558 ------~ 14,852 .... ----.--1 17, •53~1------·-··j 21, 214 Electncal current outpuL ...... UlJ!s. of kw.-hours.. 1 ,o38 1, 538 1, 520 I 1, 682 1 I, 676 1, 72.0 1, 735 ,1 I, 683 I, 687 1, 510 , 1, 520 1 1 Exports: 11 . ' 1 I Corn ...... ______thous. of bush.. 33 16 50 34 51 140 191 1 645 i 904 1 576 'I 813 WheaL ...... thous. of bus!L. 778 726 945 197 157 913 3il 471 1 590 492 626 1 II Wheat flour ______thous. of bbls.. 71 149 130 II 141 139 2881 158 3571' 296 li 197 II 241 Freight cars: 1 1 Loadings, totaL ______cars .. 584,634 575,4811559,4391' 741,253 733,580 875,385 881,308 962,400 958,601 I 950,1941 942,572 Coal and coke ______ears.. 137,906 148,666 100,451 135,966 149,089 136,519 139,830 148,706 1 170,959 167,453 171,459 Forest products...... cars.. 20,307 18, 967 20, 488 I 33,950 34,793 58,400 60,222 68, 396 61, 524 69. 142 68, 273 Grainandgrainproducts ...... cars .. 29,867 27,194 31,373 38,624 36,239 37,657 39,252 42,111 43,237 46,617 46,617 1 Livestock.. ------··--··--cars._ 1~,17~ I 16,801 1 16,952 'i 21,449 20,018 21,241 23,864 26,046 22,529 28,0081 29,229 Merchandise,I.c.L ... ·-··-·--·--·---cars.. 181,196 185,1221191,498 222,227 220,329 251,445 252,271 263,415 260,9591 260,564. 260,303 Miscellaneous ______cars.. 189,912 , 176,486 196,581 I 283, 121 267,237 360,080 356.892 401,840 382,387 369,862 I 361,842 • Ore-.------cars.. 3,267 2, 245 2, 096 ' 5, 916 5, 875 10,043 8, 977 11,886 11,925 , 8, 548 8, 113 1 I Net available surplus (da.av.). ______cars .. ------...... 621,926 626,890 I1 478,592 467,182 261,290 238,51811 345,2721 340,195 Petroleum productiOn (da. av.). ______thous. of bbls.. 2, 157 I 2, !46 2, 141 2, 268 2, 191 2, 536 2, 583 2, 656 2, 625 I. 2, 3871 2, 389 Receipts: 1' 1 Cattle and calves (12markets)_. _____ thousands.. 197, 169 I 176 240 1931 215 246 248 219 1 227 1 223 Cotton into sight...... thous. of bales.. 163 '. 215 i 230 113 162 117 104 177 192 i 176l 177 Wheat, primary markets ...... thous. of bush._ 506 3, 410 i 4, 872 6, 821 7, 905 3, 186 4, 074 6. 062 6, 332 . 5, 168 6, 223 1 Wool, total, Boston ...... thous. ollbs._ 2, sg~ i 1, 739 ~ 887 : 4, 160 2, 321 I 3, 001 1, 384 4, 320 5, 630 1 3, 540 ! 9, 663 8 1 ~~;;~~:::;;;,~:-:::~~~~~.~~:~~~~::k~:-~~~~: ~~:~~:: 1~g § 1 1·.06~~,; :1 1~:; r?g:~ 1~; ~~ 1~~:; 1 ~?:; 1 _1 ~:; 1 _1g~; ,1 ''i:; : ·~;~ Cotton, middling, spot, New York _____ dolls. per lb.. . 06915 00 1 0. 72 . 109 .108 .159 .147 . 211 . 216 .198 . .195 Food index (Bradstreet's) ...... dolls. per lb.. I. 83 I. 7917 1 I. 79 2. 37 2. 37 2. 93 2. 93 3. 46 3. 47 1 3. 37 i 3. 34 Ironandsteelcomposite ______dolls. per ton.. 29.571 29.55 29.53 31.71 31.61 34.89 34.94 36.37 36.37 35.70; 35.91 Wheat, 1'\o. 2, hard winter, Kansas City... dolls. bu.. . 52 ! . 53 . 52 • 70 . 70 1 . 98 1. 00 1. 17 1.19 1. 41 ,; 1. 36 1 Dank debits: FINANCIAL I :t\ew York City ...... mills. of dolls__ 4,313 3,343 4,219 6,647 6,250 9, 794 8, 317 13,418 11,698 11, 124 9,099 Outside :t\ew York City ______mills. of dolls.. 3, 181 3, 022 3, 557 4, 674 4, 087 5, 875 5, 294 6, 799 5, 952 6,128 I 5, 210 Bond sales, :t\ew York Stock Exchange: I 1 United States Government. _____ thous. of dolls__ 7,644 13,003 10,224 2, 1G2 1,433 I 4, 463 2, 743 3, 779 2, 706 2, 686 ; 2,869 Average price 40 corporation honds ...... dollars.. 81. 03 81. 95 80. 51 96.41 96· "' 4: 1~~~ 95.84 94. 79 94.64 94.69 99.32 ' 99.25 Business failures ______nnmber._l' 708 685 659 549 56 558 560 438 460 468 ' 476 Federal reserve banks: Bills discounted ...... mills. of dolls.. 661 748 828 162 17 206 266 943 956 477 472 Total reserves ...... ______mills. of dolls.. 3,206 3,167 3, 14.5 3,294 3,281 1 3, 221 3, 223 2,878 2, 860 2, 946 2, 957 Federal reserve reporting member banks: 1 Total loans and discounts ...... miJls. of dolls.. 12,388 12,436 12,588 : 15,518 15,377 li 16,8471 16,704 16,552 16,430 15,350 15,407 Total investments ______mills. of dolls.. 7, 200 6, 869 6, 935 1 7, 593 7, 200 I 5, 667 ' 5, 528 6,028 5, 953 6,205 6, 088 "Other" loans ______mills. of dolls.. 6, 975 7, 010 7,148 , 8,153 8,140 1 1 8, 7931 8, 821 8, 910 8,918 8,805 8, 793 Net-demand deposits ...... mills. of dolls.. 10,992 10,970 11,003 13,782 13 ., -,2 ~ 1 13,076 13, 152 13,281 13,398 13,431 13,773 Timedeposits. ______mills.ofdolls.. 5,687 5,714 5,700 7,249 11 7 24 1 6, 975 I 6, 948 6, 805 6, 855 6, 712 6, 663 Sterling exchange, rate quoted ( I 1932 II 1931 Eab!i%,~::~ai~o~~:e;;;l s~~'::~a~";~;;:~~ : F I I D }; I --;-~- ~-- -~-----·---~ .. c- --~--- ..... -- ·-· .. . . ment to the Surveu : 'ebru- January ' ecem- ,·ovem- October Septem- August July June ~ May April I_ March Febru- INDUSTRIAL PRODUCTION ~~ry -[-~ - :,1~ ~.~~-~~ ~-~ l' __ __i':~ ~----~~~------. ,--·--(---- - .---~rr 1 Federal Reserve Board 1 i I ' 1 Total, unadjusted ...... rel. to 1923-25 .. i 71 70 67 72 75 'I 77 78 80 83 89 90 ' 8\l 87 I I 9232 1 2 2 2 2 •rota,adjusted ...... re.tol -5 .. 1 70 • 71 '74 73 I 73. 76 78 82 83 •s-, I •ss', 87 86 1 Manufactures, total unadjusted rei. to 1923-25 .. ; 71 2 70 65 2 70 72 ~~ 1 77 79 82 · 90 91 ' ' 90 88 Manufactures_. total adJusted .. rel. to 1923-25 .. 69 '71 2 72 2 71 71 2 , 2 78 '82 2 82 2 86 '87 87 2 86 1 Automobiles ...... rel. to 1923-25... 34 45 1 66 36 26 ! 40 52 '60 65 78 77 67 68 Cement...... rel. to 1923-25 ... 1 56 '65 lj '61 '67 2 75 I 2 79 ; '83 2 90 '93 '941 2 94 191 '86 1 Food products ...... rel. to 1923-25.. 96 2 94 , 2 98 '91 ,1 2 92 93 2 88 2 87 83 2 89 2 95 87 92 1 1 IronandsteeL ...... rel.tol923-25.. 41 24311 242 '511 '45 I 2 45 '50 253 2 00 266 270 '75 73 Leatherandsho.es...... rel.tol923-25 .. ' ...... , 284 1 271 2751 '88, '108 2113 297 '95 :991 ' 100 :96 ; 90 Lumber ______.. rel. to !923-25 ... 1 23 27 •1 27 2 27 2 33 1 2 36. '38, 2 42 "47 48 247 48 44 Nonferrous metals ...... _rel. to 1923-2.; __ 1------...... ,...... 2 64 · '63 ; 2 62 68 2 72l' 2 74 '78 '82 1 2 2 2 2 Paper and printing ...... rel. to 1923-25....1------I g; 97 I 100 I 2 i~~ 105 i~~ 107 I 'i~~ i 2 '~~ Petroleum refining ...... rel. to 1923-25 __ ...... 140 ' 149 155 , 159 2 161 2 159 m• I I , ng Polished plate glass ...... rcl. to 1923-25 .. -[------75 1I 2 98 2 48 I 56 57 7.1 2 88 ' g~ 2 105 I 2 111 117 2 107 2 2 2 2 1 2 *~;fn~~:~-~~?-~~-~~~----~~~:~~l: ~g mt~b------87' ~z li : ~~ ~~ I Z2 : !~ ; ~t : i~& 2 96 /A~ : ~ : '~~ ; rs 2 1 Tobacco manufactures ...... rei. to 1923-25 .... 1 114 2 1241[ 2 113 2 113 2 111 1 118 118 : 2 121 2 i32 ' 2 1:l5 132 131 ' 133 Minerals, total unadjusted ____ rel. to !923-25 __ , 74 2 74 ; 79 82 2 \lO I 82 82 85 85 : 84. 83 : 82 84 Minerals, total adjustcd ...... rel. to 1923-25 .... ! 77 '77 1 2 85 '81 1 '84 ,, n1 '86 '86 '1;71 '01 1 '89 2 86 Anthracite...... rel. to 1923-2.1 ... 1 58 2 54 : 2 6(1 66 1 2 74 6.1 ' 2 62 270 2 75 2 75 2 87 '84 '81 1 3 ~~g~~~~~~-c-~~ --~~~~~~~--~~~gi: {g i2~g=~LI ...... ~ . ------~~.( ...... ~~------~~-1------~~-1 ~g ~~I r~ A~ ~~I ~~ ~g ~~ Crude petroleum ...... rel. to 1923-25 .... 1 106 'lll I! 121 122. 116 · 102 107 1 122 122 122 121 Jl2 110 Iron-ore shipments ...... rel. to 192~-25 .... !------1'------2121 2 41 [ 2 52 I 59' 56 46 2 28 ...... •...... Lead...... rel. to 1923-25 ... 1 54 .19 il fl2 2 58 1 66 I 65 · 66 : 62 ~~ . 75 ~~ , ;;:; ~~ Silver...... rel. to 1923-25 .... ' 31 2 35 : 2 43 2 38 1 2 41 2 42 '45 · '47 2 53 2 2 1 Zinc ______...... rel. to 1923-25 .. : 46 45 : 2 45 45 1 47,1 49 4\J 49 .54 1 .14 I f>J 65 C.5 1 Industrial Consumption of Electrical i r: I ' I 1 Energy : ,i 1 Consumption by geographic sections: [ I United States ...... rel. to 1923-25 ... i 98.8 93.9 i 2 89.6 98. 8 ' 97. 1 100. 4 97.3 97.9 101. 7 109_. 8 .,: 106.4 ' 108.2 110.3 NewEngland ...... rel.to1923-25 ... i 93.0 87.2 :. 284.5 86.4' 87.5 97.0 89.9 100.0 98.41 104 4 109.4 : 105.8 105.5 North CentraL ...... rel. to 1923-25 .... ! 93.1 89.5 !1 85.2 89.5 87.4 92.6 HO. 0 92.1 102.7 109.2 I 105.0 I 105.7 109.0 Middle Atlantic ...... rel. to 1923--25.... 95.4 89.6 1i 2 89. i 99.6 103.3 104.0 99.5 95.7 91.5 !OJ. 3 97.6 i 102.8 108.0 Southern ...... rel. to 1923-25 .... [ 106.7 2106.0 :; 100.0 1!9.3 113.2 1!3.8 112.8 117.5 114.3' 118.2 108. ti I 117. 5 130.6 \\est<'rn ...... rrl.to1923-25 ... 1 101.4 104.0' 98.3 111.0 102.2 102.3. 108.8 96.8 106.4 i 119.1 Jl4.0 i 115. 7 120.0 Consumption by industries: 1 i Allmdustry ...... rel.to1923-25 ... 1 98.8 93.9 2 89.6 98.8: 97.1 100.4: 97.3 97.9 101.7, 109.8 106.4 ' lOR. 2 110.3 Automobiles, including i _ , _ : - "l I repair parts ...... rel. to 1923-25 .... 1 85. 3 83 6 78. I 65. 5 57 4 53. 7 43. 6 55.9 ' 1. , 1 89. i 90.8 94. I 88.9 Electrical apparatus an,\ 1 equipment...... rcl. to 1923-25 .... 1 122.2 120.0 .: 123.5 2J2fi. 9 2130.4 2J32. 6 2J2(\. 9 '133. 4 2135.:2 : 2136.7 2J38. 1 i '126. l '!54. 3 Food and kindred products .. rei. to 1923-25 ... , 12 Paper and pulp ...... rel. to 1923-25 .... 1 116.5 109.3 107.0 126.1 113.0 !38. 3 121.7 104.0 112.4 : 135.1 109.6 123.0 127.0 Rubber and its produets ..... r<'l. to 1923--25 ... ll2. 0 104.0. 79.2 93.5 ' 82.8 88.0 98.5 97.4 121.0 : 122.3 109.0 109.6 122.0 Shipbuilding ...... rel. to 19Z3-25 .. .. 99.2 93.2 ' 94.6 95.0 ' 84.5 88.9 85.6 i 82.0 84.8 : 89.7 92.5 ' 98.3 114. 8 Ston<', clay, and glass ...... rel. to 1923-25 .. .. 90.0 77.1 I' 76.8 113.8 ' !13. 4 Jl3. g 105.9 ! 104.8 118. 7 132.0 116. 5 105. I 102.6 'l'extiles ..... _... ______r<'l. to 1923-25 ... 96.8 87.8 .: 89.8 93.4 j 98.2 98.7 95.0 : 98.2 100.5 ' 10.3. 7 100.0 ! ~7. 3. 99.3 :Revised. April, 1932 SURVEY OF CURRENT BUSINESS 23 MONTHLY BUSINESS STATISTICS-Continued 1932 1931 Earlier data for items shon'n here mag I be found in the 1931 Annual Supple ment to the Survey \ Dbceerm- Kov ern~ Septem- July May Febru- F:~~u- ;a~uary he r October her August I June April March ary ~-~ 1--~~------~~------·------STOCKS AND ORDERS I New orders, total...... rel. to 1923-25~------36.3 24 0. 8 44.3 47.8 45.5 48.1 56.0 52.9 60.4 58.2 49.8 Stocks, totaL .... ----~------rel. to 192.'l-25.. 159.3 '162. 0 '166.6 '168. 7 160. 1 141.7 137.0 133.6 133.7 139. 1 143.6 150.5 153.0 Manufactured goods•...... rel. to 1932-25.. no. 8 110.4 lOS. 4 10 5. 4 103.8 106.9 111.7 115.6 117.0 118.2 118.6 ll9. 0 !l9. 2 Raw materials...... rel. to 1923-25.. 194.3 '199. 3 '208. 6 2 21 4. 3 '200. 7 166.8 155.3 146.5 145.7 154.2 161.7 173.2 177.4 24 251.4 261.1 t:'nfilled orders, total .•...... •.• rel. to 1923-25 .. ------'40. 2 2. 9 '44. 41 '46. 0 47.4 55.9 56.8 60.6 61.9 COST OF LIVING All groups ______rel. to 1923 •. 80.1 81.4 83. 1 83. 9 84.91 85.6 85.9 85.9 85.9 86.9 88.2 89.6 Clotbing ______rel. to 1923 .. 70.4 72.0 73.8 74.2 75.4 78.5 78.6 78.6 79.9 80.7 82.0 83.289.1 I 84.4 Food ______rel. to 1923 .. 72.1 74.8 78.2 9.9 81.5 81.7 81.9 81.5 81.0 82.8 84.9 86.5 86.9 Fuel and light .• ______rel. to 1923 .. 89.6 90.0 90.3 0.5 90.5 90.1 89.6 89.3 89.1 89.1 90.6 92.5 92.7 Housing.••••...... •. rel. to 1923 .. 76.2 77.1 78.5 7R3 80.3 80.7 81.5 82.0 82.6 83.5 84.1 84.6 85.3 Sundries______rel. to 1923 .. 93.8 93.9 94.2 94. 3 94.6 95.4 95.5 95.8 95 ..1 95.9 96.8 96.8 96.9 PRICE INDEXES Department of Labor Indexes: Combined index (784) ...... •. rel. to 1926 .. 66.3 67.3 68.6 70.2 70.3 71.2 72. 1 72.0 72.1 73.2 74.8 76.0 76.8 Farm pro M~~-"- ~~-e_r_~~~ _<~~~J~ns. per short ton·-1------.. ... ---- __ \[_ .. ------'----- 1. 62 I. 58 1. 58 1. 56 1. 60 1. 64 1. 69 1. i7 Prepared sizes (compoSite) 1 I ----1------______dolls. per net ton.. 3. 929 3. !15.l I' I 3. !153 3. 3. 954 3. 954 3. 907 3. ~.oG 3. 8!6 3. R:l8 :l. 84.> 3. 999 4. 223 Retail, composite.dolls. per short ton.. 8. 14 8. 17 o. 19 8 .9021 23 E. 22 8. 17 8. 11 8.09 8.00 8. 04 8. 46 8.71 8. 83 Wholesale, composite ------dolls. per short ton.. 3. 701 :;. li!!V 1 :;. 701 3. 705 3. 703 3. 705 3. 704 3. 706 3. 692 3. 723 3. 7CO 3. 791 3. Rl4 Coke, furnace, Connellsville I ------dolls. per short ton.. 2. 25 2. 30 I 2. 34 2 . :l8 2. 45 2. 4.o 2.45 2.45 2.45 2. 48 2.50 2. 50 2. 53 Cocoa, spot, Accm, New York .. dolls. per lb.. . 0422 . 0402 . 0425 .0494 . 0475 . 0463 . 0525 . 0581 . 0563 . 0494 . 0535 . 0550 . 05fia Corn: No.3, yellow, Chicago ...... dolls. per bu.. . 34 . 37 . 37 . 43 . 38 . 42 .46 . 57 . 58 .50 .58 .to . f,1 No.3, Kansas City ______dolls. per bu .. , . 36 . 3~ . 39 .46 . 40 . 46 . 4.1 .53 . 52 . 52 . 53 .54 .54 Cotfc:~; 3, white, Chwago ...... dolls. per bu.. . 35 . 3t i . 38 . 43 . 39 . 44 . 49 . 58 . 59 . 56 . 58 . 60 . 63 'fo producer ______dolls. per lb.. . 058 . 056 I . 055 061 . 0531 . 059 .063 . 085 . 077 . 088 . 093 .090 .091 In New York, middling .•.•.dolls. per lb.. . 068 . 060 . 063 065 • OV4 .OM . 072 . 093 . 090 .093 .102 .109 .1!0 Cottonseed oil, refined, yellow, prime, New York ...... dolls. per lb .. .040 . 039 . 042 047 . 045 . 044 . 059 . 069 . 068 . 069 . 076 . 076 . 073 Cotton goods: Print cloth 64 x OO ...... dolls. per yd .. .0:!9 . 036 . 034 036 . 038 . 041 • 043 . 049 .048 .050 . 053 . 055 . 05:l Sheeting, hrown ..•...... •. dolls. per yd .. . 043 • 042 . 044 047 . 046 .050 . 052 . 056 . 054 .058 .059 . 059 .OM Cotton goods (Fairchild).rel. to 1911-1913 .. 86 85 85 87 91 95 100 ll1 112 115 119 121 119 Cotton yarns: 22/1 cones, Boston •...... •... dolls. per lb .. .180 . 175 .181 192 . 189 . 201 . 212 . 225 .215 . 223 . 231 .240 . 239 40/15 southern spinning _____ dolls. per lb .. . 285 . 290 . 295 312 . 315 . 326 . 336 . 352 . 352 . 353 . 369 . 382 . 390 Drugs and pharmaceuticals.rel. to Aug., 1914 .. 157 157 157 157 157 !57 157 157 157 157 160 174 175 Drugs, crude ..••.•...... rcl. to Aug., 1914 .. llfj I 116 116 117 llS 118 118 118 128 130 131 130 131 Essential oils ______rel. to Aug., 1914-. 59 57 59 61 65 70 76 77 77 79 82 81 bO Flaxseed, No. 1, Minneapolis .•dolls. per bu._ 1. 40 1. 41 1. 43 . 46 1. 32 1. 37 1. 41 1.64 1.48 1. 55 1. 57 1. 58 1. 5t; Flour, see under wheat flour. Food, wholesale, see under individual items. Food, retail (Dept. of I~abor) ...... rel. to 1913.. 105.3 109.3 114.3 11 6. 7 119. 1 119.4 119. 7 ll9. 0 118. 3 121. 0 124.0 126.4 127. 0 Hides: Green salted, packers' heavy native steers ______dolls. per lb .. . 066 . 076 ' . 078 682 . 0771 • O 2 Revised. 24 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS-Continued Earlier data for items shown here may 1932 '! 1 1931 be found in the 1931 Annual Supple ment to the Survey i Decem-j!Novem- i October Septem- August I July -June Mav I April I March Febru- _F_e_b_ru_-~J-an~~ryary her her I I her I I - I ary I 1 WHOLESALE PRICES-Continued ~~------~---~--- ~--- . ---~---:------· ---~---,--- 1 Iron, raw: , 'j I ' Jlasie (vi!lley. furnace)_dolls. per long ton __ i 14. 6.3 15.00 15.00 I 15.00 ' 15.25 15.50 15.50 15.50 15.50 16.25 16.50 16.50 16. 75 C:omposite )'I~ Iron ____ dolls. per long ton_ -j 15.361 15. 55 1 15. 86 16. 02 I! 16. 23 16. 32 16. 38 16.38 16.40 16.64 16.75 16.72 16.82 FoundryNo.2, 1 I northern ______dolls.perlongton __ J 17.02 17.36 17.461 17.76 : 18.39 18.76 18.76 18.76 18.76 18.76 18.76 18.26 18.51 Lard, prime contract, New · I 1 York______dolls. jJerlb __ f .052 I .055 .060 I .071 i .080 .075 .075 ,082 . 083 .082 .090 .094 .085 Lead, pig, desilverized, New ! ! 1 York ______dolls. per lh __ , .03il , .03751' .0379 I .0394 I .0396 .0440 .0440 .0440 .0392 . 0382 .0441 .0453 . 0455 1 L';;'r i~~~:-~~~~~~~~:~·-~~-'~!~~~~~----rel. to 1926__1______1 77.5 2 78.6 78.8 i 80.7 83.4 90.3 89.8 I 87.8 88.1 88.4 88.4 89.0 Leather, sole and belting, oak, I 1 1 and scoured backs ______dolls. perlb__ .33l .32 .32 .32 I .35 . 39 .40 .37 i . 37 . 37 . 37 . 37 .37 Leather, upper, composite, chron1e, i calf black, "B" grade ______dolls.persq.ft__: .271 I .298 ,320 .323, .330 . 337 . 348 ,350 : . 352 .356 . 356 . ~52 . 354 Leather, bides (see under hides). ' , L~ather, ~hoes (see _under shoes). I 1 I t~~~b~rml, New 1ork ______dolls. perlb __ .065 i .067 ,071 .075l1 .073 . 076 .083 . 091 • 086 ,088 . 092 .0951 . 092 1 Douglas fir, No.1, i I 1l I I common ______dolls. per 1\I ft. b. m __ ! 10.25 I 11.40 jl 11.09 11.23 1 11.21 11.27 I 10.97 10.64 ' 11.25 11.64 12.12 12.68 12.86 Douglas fir, flooring, 1 x 4, "B" i 11 and better (V. G. Washing- I . I ton) ______dolls.perMft.b.m __ j 22.49 22.84 23.51 24 35 25.63 25.48 25.29 25.76 25.98 28.33 29.74 31.14 31.65 SouthC'rn yellow j pine ______dolls. perM ft. b. m __ ;______25.16 26.31 26.31 26.49 27.21 27.68 27.82 28.15 28.82 28.32 29.66 28.42 Meats: Beef, fresh, carcass, good ! native steers, Chicago _____ dolls. per lb __ , .130 . 145 .157 .164 .156 ,148 .144 . 129 .129 . 143 ,160 .169 .178 Beef, fresh, carcass, steers, New York ______dolls. per lb __ , .160 .168 .172 .175 .173 . 165 .158 .145 .145 . 155 .172 .180 .196 Cattle,eorn-fed,Cnicago_dolls. per 100 lbs __ l 7. 975 8. 969 9. 344 10.200 9. 250 8. 656 8. 620 7. 250 7. 320 7. 675 8. 563 9. 075 9.106 Hogs, heavy, Chicago ____ dolls, per 100 lbs __ , 3. 77 3. 91 4. 22 4. 64 5. 41 5. 71 6. 35 6. 24 6. 39 6.40 7. 08 7.18 6. 73 Sheep, ewes, Chicago ______dolls. per cwt__l 2. 98 2.06 2.00 2. ()() 1.63 1. 63 I 1. 98 2. 56 1. 55 2. 44 3. 29 3. 79 3.69 Sheep, lambs, Chicago ______dolls. per lb __ : 5. 38 5.09 4.89 4. 98 5. 70 5. 94 5. 95 6.06 6. 98 8. 36 8. 76 8. 27 8. 31 Pork, hams, smoked, Chicago ' ______dolls. per lb __ , .147 .138 . 153 .172 ,182 .186 .185 . 173 .174 ,182 . 184 .187 • 195 Western dressed steers, New York ______dolls. per lb __ ,160 ,168 .172 .175 .173 . 165 .145 . 145 .155 . 172 ,180 .196 Methanol: Refined ______dolls. per gaL . 37 .35 . 35 . 35 . 35 -35 . ~:: I . 35 .35 . 35 . 35 . 40 .40 Milk, condensed, New York- _dolls. per case __ . 4. 75 4. 75 4. 75 4. 75 4. 75 4. 75 5. 00 5. 65 5. 65 5. 65 5.65 5. 65 5. 79 Milk, evaporated ______dolls. per case __ : 2. 98 2.98 3. ()() 3. ()() 3. 00 3. ()() 3. ()() 3.10 3. 20 3. 30 3. 50 3. 50 3. 50 ~~~~errous metals ______rel. to 1926--i------55.4 53.8 53.5 53.7 56.8 58.0 59.4 58.9 60.6 65. 1 67.1 66.1 No. 3, white, Chieago ______dolls. per btL: . 241 . 25 . 25 . 26 . 23 • 22 .21 . 23 . 27 .28 .30 . 31 . 32 Oils and fats ______rel. to 1927 __ , 47 47 49 51 47 51 62 68 64 68 72 71 68 Oleomargarine, standard, uncolored, i I Chicago ______dolls. per lb __ ! .098 .128 .134 .133 • 127 .119 .105 .106 .110 .128 .145 .145 .155 Paper, newsprint, rolls, destination, I 1 New York basis ______dolls. per short ton __ ! 53.000 53-000 '57. 000 57.000 57.000 57.000 1 57.000 57.000 57.000 57.000 57.000 57.000 57.000 Petroleum: i Crude, Kansas-Oklahoma_ dolls. per bbL-J 7.10 7.10 .710 . 710 .560 • 560 ' .434 • 238 . 300 . 530 . 530 . 594 .850 Gas and fuel oils, Oklahoma 24-26, , refineries ______dolls. per bbL! • 335 .325 .338 . 350 . 338 • 319 .280 . 294 .385 . 463 • 488 • 510 • 588 Gasoline, New York ______dolls. per gaL_! .123 .123 .128 .143 .143 . 143 .133 .133 .1Cl3 .133 .133 .133 .138 Kerosene, 150° water white_dolls. per gaL-! . 045 . 046 . 044 .041 .039 .039 . 038 .038 .042 .045 . 048 . 051 .053 Lubricating oil, cylinder_ __ dolls. per gaL-l .161 .153 .164 .181 . 200 . 198 .134 .llO .112 .118 .125 .134 - 135 Pig iron, foundry No. 2, 1 Pittsburgh ______dolls. per long ton--i 17.02 17.36 17.46 17. 76 !8. 39 18.76 ! 18.76 18.76 18. 76 18.76 18.76 18.26 18.51 Potatoes ______dolls. per bu __ ; . 448 • 471 . 457 2. 453 2. 458 . 601 . 767 . 825 . 753 . 870 • 908 .849 .867 Rayon, 150 denier "A., grade, ! New York ______dolls. per lb_ .> . 75 . 75 . 75 0 75 . 75 -75 . 75 . 75 . 75 . 75 . 75 . 75 . 75 Rosin, gum, New York ______dolls. per bbL_; 3. 23 3. 30 3.61 3. 96 3. 80 3.87 I 3. 94 4. 28 4. 6S 4. 70 4. 73 4. 64 4. 38 Hubber, crude, smoked sheets, 1 New York ______dolls. per lb __ ! . 039 . 044 .046 . 046 .050 .050 . 054 . 063 .06:l . 064 .064 . 077 . 076 Hye, No.2, Minneapolis ______dolls. per bu __ l ?·. 4~ ' . 46 . 45 . 51 . 41 -39 ' . 38 . 37 • 37 . 36 . 35 .36 . 37 t'heep, ewes, Chicago ______ctolls. pe.r 100 lbs __ _ 9 o 2. 06 2.00 2.00 1.63 I. 63 ' I. 98 2. 56 1. 51> 2. 44 3. 29 3. 79 3. 69 4. 89 4. 98 5. 70 5. 94 5. 95 6.06 6. 98 8. 36 8. 76 8. 27 8. 31 tiheep, lambs, Chicago ______dolls. per 100 lbs__ 1 5. 38 5. 091 Shoes, men's black calf blucher, 1 Boston ______dolls. per pair__ 5. 750 5. 750 2 6. 250 6. 55 6. 75 6. 75 6. 75 6. 75 6. 75 6. 75 6. 311 i 6. 751 6.n Shoes, men's dress v.elt, tan calf, r • oxford, St. Louis ______dolls. per pair__' ______------· 4. 35 4. 35 I 4. 35 4. 35 4. 35 4. 35 4. 49 4. 60 4. 60 4. 60 4.60 !'hoes, women's black kid, . 1 I I McKaysewed ______dolls.perpmr__ 3.000 3.000 3.000 3.150 3.150 3. 150 3. 150 3.150 3. 250 3. 250 3. 250 3. 250 3. 250 1 1 Silk, raw, Japanese, 13-15, New 1 York ______dolls. 1•er lb__, 1. 891 1 1. 9531 1. 970 2. 315 2. 266 2.315 2.512 2. 364 2. 463 2. 266 2. 266 2. 561 2. 709 Silk goods, composite ______dolls. rer yd __ .94 .96 .96 . 98 . 98 . 98 ' . g~ . 98 .99 .99 . 99 .99 1.00 St..eel beams, mill, Pittsburgh_dolls. per cwt__,1 1. 53 1. 51 1 1. 60 I. 60 1.60 l. 60 1.60 I. 65 1. 65 1. 65 1. 65 I. 65 1. 65 Steel, crude: ' Composite, finished steel I 0113 100 2. 11 2.11 2.16 2.18 2.18 2. 20 ; 2.19 2. 20 2.19 2. 21 2. 22 2. 23 2. 22 In;;,-;.-t1(:(steeCc~ir;j,08ii~ • rer lbs __ i ______dolls. per long ton __ 29.56 29.98 30.32 30.61 30.81 31.03 ' 31.05 31.05 31.02 31.39 31.61 31.66 31.65 29. ()() 30. ()() Steel billets, Bessemer_dolls. per long ton __ ! 27.00 I 27.75 28.80 29.00 29.00 29.00: 29. ()() 29.00 29.50 30. ()() 30.00 Steel scrap, Chicago __ dolls. per gross ton __ 7.156 7. 500 7. ooo 8.000 8.000 8. 200 ' 8. 375 8. 750 8. 750 8. 875 9. 813 10.000 10. 063 :Structural steel beams_dolls. per 100 lbs--1 1. 53 1. 51 1.60 1.60 1.60 1.60' 16.0 I. 65 1. 65 1.65 I. 65 1. 65 1. 65 Structural steel beams ______rel. to 1926--l 77.9 77.2 81. 7 81.7 81.7 81.7 ' 81.7 84.3 84.3 84.3 84.3 84.3 84.3 Sulphuric acid ______. ___ .dolls. per ton __ l 15.50 15. 50 15.50 15.50 15.50 15.50 15.50 15.50 15.50 15.50 15.50 15.50 15. 50 Sugar: Retail average, 51 cities ______.rel. to 1913 __ 1 98 98 100 102 102 104 ' 104 102 102 102 104 106 107 Hetail granulated, NewYork_dolls. perlb--! . 051 .051 . 051 .052 . 052 . 052 . 053 .051 .050 .050 .050 .051 .053 Wholesale, 96° centrif., New I York ______dolls. per lb__ .029 .031 . 032 : .034 .034 .034 ' .035 .035 . 033 . 032 .033 .033 . 033 Wholesale, granulated, New ! York ______dolls. per lb __ l .041 I .041 . 042 ; .044 . 045 . 045 . 046 .046 . 044 . 043 . 044 .043 . 045 Tea, :Formosa fine, New York __ dolls. per lb __ l . 215 . 215 . 217 . 225 . 225 . 225 . 225 . 225 . 225 . 225 .225 . 225 . 225 Textiles, generaL ______rel. to 1926 __ ------59.9 60.8 62.2 63.0 64.5 65.5 66.5 66.6 67.4 68.2 70.0 70.9 Tin, wholesale, straits, I 1\'ew York. ______dolls. per lb__ . 2203 . 2184 . 2135 . 2281 . 2276 . 2468 . 2575 . 2502 . 2341 .2320 • 2512 . 2707 • 2f>31 'Revised. April, 1932 SURVEY OF CURRENT BUSINI~SS 25 MONTHLY BUSINESS STATISTICS-Continued 1002 W31 J::arlieJ' data for itents shown here may be found in the 1931 Annual Supple~ ment to the Survey Fel.Jru- January Decem- Nqven1-! Octo her Scptem- August May April Fehru.. nr:; ' her ner i ber ary WHOJ,ESALl<> PRit:J<;S-Continued Turpentine gum, ! New York ______dolls. per ga]._, 0.39 0.40 0. 39 0.40 0.36 0.37 0. 36 0. 39 0.55 0. 5·1 0.56 0.45 Wheat: : No. 1, northern spring, ' ' Minncapolis ______ctolls. per bu .. l . 75 . 75 .73 .80 .71 .69 . 65 .61 . 74 • 81 I . 79 . 75 No 2 r('d wintPr 1 S·t. 'Louis_- ___ : ____ . ______dolls. per htL_] . 57 . 57 .57 . 62 : ••12 . 47 . 47 .48 .72 . 79 I .80 . 79 No.2, hard winler. 1 Kansas City ____ "_ ...... dolls. pcrbtL.j . 51 . r,:~ . 59 : • 4R .43 . 43 .11 .68; . 7:1 • 69 Wheat flour: ! Btandard ps tl'nts, . I Minneapolis ______...... doll"-l'l'r l!LL; 4. (j[ 4. 5\1 4. .51 4.81 4. 28 4. 2·1 4. 21 4.13 4. 7!) : 4. g;, : 4. 71 4.67 4. 85 Winter straights, I Kansas City ______ • [)7 I Raw, krritory, fine, scoured_Oolls. per lb--[ . 53 0 58 . 58 . 58 . 62 . 63 . 62 'fi2 ' • G:l ' . G.5 • 66 . 66 Raw, Ohio and Pennsylvania, firpces~ !4 r blood, combing grease .....dolls. P''r lb .. l .21 . 21 . 21 . 2l . 21 1 . 22 . 23 • 21 .20 ' . 20' .22 . 22 .23 Suiting, 13 oz ______dolls. per yd .. : 1.100 I. 400 ]. 400 l. 400 . 1. 400 1. 400 1. 490 1.494 1. 494 ' 1.494 1. 494 1. 543 1. 601 "\\r omL·n's drr~s goods, J1'nmch SL'rge, · 54-in., at fnctory ______dolls. per yd .. , . 900 • DOO • 92.5 9. 25 • H25 . 925 . 925 . 925 '925 ' . 925 : .968 1. 050 I. 050 Worsted yarns .. ------·dolls. per I h._, . 900 . 925 . 931 . 950 . . 950 . 950 1.00 1.00 1. 00 1.00: 1.00 1.00 1.10 Zinc, prime western...... dolls. per lb .. ! .0282 . 0301 . 0315 . O:l21 .0338 .0374 .0382 .0389 . 0342 . 0331 . 0372 .0400 .0401 FARM PRICES 1 Cotton and cottonseed (2) .....rel. to 1909-14 .. 47 45 50 421' 47 53 71 fJ5 74 78 80 76 Dairy and poultry products (4).r•"l. to 1909-14 .. [ 77 -,o , 9\9 102 99 93 89 84 85 87 ' 96 i \J9 D5 Fruits and vegetables (G) ..•••.rcl. to 1909·-14 .. 1 68 1 68 68 70 83 97 110 ll4 ll9 ' 120 : ]()9 109 Grains (5) ____ .. ______re!. to 1909-14 .. ' 51 52 l .'i2 57 46 I 50 54 57 67 741. 74 ' 74 7-1 M<>atanimals(5). ______rd.to1909-14.. 1).5 fJSi 68 76 791 86 92 92 91 99 106 . 1oo I 106 Unclassiflcd (5) ______rel. to 1909-14 .. 1 47 4a_; I, 49 fil : 5:l I 55 60 58 5(1 62 ()3 : 67 All groups (27) ______rel. to 1909-14 .. ' 60 ,, 66 71 68 79 80 91 ~~ I 90 6 1 72 75 86 I BE1'AU PRICES ! i i Rct3il food index (Dept. of Labor).r<'i. to 1913 __i 105.3 109.3 ! 114.3 116. 7 ; 119. 1 I 119.4 119. 7 119.0 118.3 121.0 124.0 i 126.4 127.0 Retail coal index (Dept. of Labor).rel. to 1U1:L! 188.9 189.2 1 189.1 189.1 i 189.1 1 188. 7 186.1 184.3 180.8 179.4 18l.8 187. 7 187.6 AIRPb\NJ-;s I I I 1 1 1 DJ'. I ' I 541 871. 57 56 44 77 58 63 ' 93 74 E~p·~:r;,esJu~~~-·;:;;l~nih~:::::::::: :::~~~~g~~: :•::::::::: :::::::::1' ______:~ ___ _ 11 18 15 21 11 8, 9 7 11 -----1------1 Pro~u~~~~rcial aircraft______numher __ i______------·---' Hl 60 i 100 i 100 164 215 262 291 208 i 188 76 Manufactured for cxport...... •. number..' ______------:· 11 7 1 10 1 11 18 : 15 21 11 ' 8 9 7 AUTOMOmi,J<;s 1 1' [ I l'r_o,:u_c_t~~~-i~~~~~-~~·~~1.-~:~~--~l~~l_ to 1923-25 __ 1 31 451: (i6 36 26 i 40 60 77 ; 67 li8 Production index (elect. energy con- ; I' I sumcd) ______r<'l. to 1923··~"--' b5. 3 s:J. 6 i' 7R. 1 6.t;, 5 57.41 5:!. 7 43.6 55.9 7l. 3 8\l. 7 1 90.8 : 94.1 88.9 Pnss(·ngor cars and trucks: 1 1, ! Production, actual·- I ~·: Canada- ' I TotaL_" ______uo. of cars .. ! f>,477 :3,7:·H !' 2,432 l, 247 1, 110 I :!, 646 4, 544 4, 220 6,835 12,738 : 17, 1.19 12,993 9,871 Passcngprcars ______uo. ofean> .. j 4,4H4 3 11? ' 2, 024 812 761 2. \08 3, 426 3,151 5, 583 10,621 : 14,043 10,483 7, f>29 'rrueks ______no. of cars .. ~ 983 'Ul9 i 408 435 6i9 I 538 1, 118 1, 069 1, 252 2, 117 ' 3, 116 2,510 2,342 1 Uuitcd Statrs-- 1 1· 'rotaL __ ------____ no. of cars __ ; 117,4 Ji\ 119, 34t 1! 121,541 68,867 80, 142 i 140,566 187,197 218, 490 250, 640 3!7,163 3:l6,?:m' 276.405 2l9, 940 Pa.ssrngrrcars ______no. of cars __ 9'1,085 93,700 ii 96,753 48,185 5i, 7641109,087 155,321 183, 993 210, OJG 271, 135 zso, 2!i2 , no, 8:H 1 179,890 1 Taxieabs ______-~10. ofcnrs .. 25 g7 ·· 1,144 999 G5l 141 104 180 360 3<10 i 66!i ' 410 '1 529 'l'rucks ______no. of cars__ 23,303 20,541 23, f,44: 19,683 21, 727 ! 31, 338 31,772 34, 317 40, 244 45,688 i 50,022 , 45,161 I 39,521 Electric industrial trucks and tractors: fhipments- Domestic..... _------_____ .. numbr-r __ 29 21 19 . 16 39 37 63 50 l 69 48 84 [,0 Exports. ______numlwr __ : 0 1 2 1 4 13 . 15 25 0 2:{ 9 G Autos, parts and acres,;;;orics, export q1lun 1 i ------··-----. ------· .. thous. of dolls .. 7, 430 i G. 765 !i, 548 i B,492 81608 10,651 : 11,525 12,755 14, IH ' 18,004 , 18,494 16,071 Exports (assembli.~d): Frcrn Canadn-- I TotaL ______J:o. of curs.. fi~:{! 548 I 244 :ms ti:JO f.90 740 934 1,021 1, fil2 1,172 l,RIJ3 : 1, [.6f) Passengerc~Jrs ______no. of cars __ ; 2:.;;~; ~2r, 1 147 2ft, 476 557 542 M4 789 1,083 7fi3 ' 1, 327 ' 881 Trucks ______.no. of cars ... , 4GO 323 I: 97 123 1&4 1a:o 198 290 232 429 409 ' 526 : 684 :From United States- i TotaL ______no. of mrs... 7,043 6,989 i, 9, 086 3, 112 7, 707 8, 748 8,055 9,9g6 10, 183 12,966 16,727: 17,.128 13,374 Passengcrcars_ .. ______no. of cars .. : 4,930 4,47411 5, 7.');{ 1, 928 3, 207 4, 577 5, 699 6,478 5, 843 8,468 11, 228 ' 11, 52G 9,187 'I'rucks_. ______no. of cars __ ! 2,113 2, 515 : 3, 333 1,184 4, 500 4,171 2,356 3, 518 4, 340 4, 498 5, 499 6, 002 4,187 FinnnC'ing-: TJnitNi States- I Wholesale deakrs. ____ thous. of dolls.. 33, ~78 i ':;4, 842 f 29, 2o7 15,720 25,770 3!i. 841 43,943 48, 853 58, 172 72,Gn 71,194 : 63, 090 49,813 Total consurncrs ______thous. of dolls __ ! 4·1, G3i i '44, G~'9 ji 50, 182 48. 569 60, G02 6~. 28!i 79, 598 9.5, 911 104,642 109,372 112,982 j 9!. 997 66,130 New cars ______thous. of dolls.. 23,542 i 'n, 476 I 27,306 25, 305 33,19G 38,610 46,866 59,300 63,.1-05 68,554 70, 54fl : 55, 022 36, 8f>4 Used cars ______thous. of dolls __ , l'J, 814 ! 2 19,974 1 21, 8CO 21, ggj 25,882 27, .58l 30,486 34, 126 37,988 37, 782 39,546 ' 34,689 27,707 Unclassificd ...... thous of dolls __. 1, 27G i '1,179 iri' I, 207 I, 283 I, 614 2, 095 2, 246 2, 484 3. 099 3,026 2,891 ! 2, 287 1, 568 Canada- 1 I Total new. a~d used cars • lj 1 1 I, 827 2, l4G 2, 662 2, 614 2,907 4,196 4, 918 6, 317 6, ?~! : 3, 543 2, 361 N~~rt"~~~~'~ti ·~.;;,-cr<8: .l~~~~: ~i ~1~ll~::c: :::::1:::::::::ii 824 982 1, 324 1, 239 1,418 2,102 2, 445 3, 440 3, 3jl) 1, 890 921 Used cars .. ______thous. of dolls .. ,______: ______;: 1, 003 1,165 1, 338 1, 375 1, 488 2, 094 2, 474 2, 877 2, 878 1,653 1,440 Nrw passenger-car, registrations ) I ;i ______no. of cars __ l------1-. ------:I 77,.564 75,829 102,659 124,903 i55, 744 194,322 201,911 247,727 2G5, 732 200,841 134, 133 Sai"~,Wrner~l Motors Co;p): . . [ , " 1 il 1 0tc1l to LOllSUJIH•fS, l:J. )':) ______no. Of ('aiS __ 46, 8.J;J I 47,942 :. .13, 588 34. (i73 49,042 51,740 69,876 85,054 103,303 122,71i 1o5,GG3 101,339 GR, 976 1 'J'otaltodeall'rs,U.S _____ . ____ no.ofe:trs __ l .s:~.539! 65,3k2 68,650 23,716 21,305 47,890 ~oo ~m ~m 1~m 1n~ ~~ 80,373 'l'{ltaJ to MONTHLY BUSINESS STATISTICS-( ~tuttinut>d Earlier data for items shown here may ·~ Hn·~ I[·ii be found in the 1931 Annual Supple- Fo1JrU~ , 1-)P(\'Tll-~ :'\o··p_•n~ Fehn! ment to the Survey_ __ _[lr_::__ .lanunry !\--=--~ · 1:,., ,\u>('JSI-1 July / June I ;'\fay April ary ~------~~-1 C!IEl'tiiC.-\1,8 AND .H,LlED PRODUCTS\ I; , Production index (Fed. Res. Bd.) I I I I petroleum refining ...... rel. to 1923-25 .. j ...... l llO 2 1!9 I 2 15'J 2 16\ I 2 !GO 2 159 I 2]fil 2 159 2 150 2 147 I . Production index (elect. energy 1 _ I constuncd) ...... rel. to 1923-25 .. 1 13~.1 134.3 11'. 2 J3.'l. 9 142.0 11-l. 6 1:37. 0 . 137. 7 132. 7 · 1~:1. 8 137.4 139. 3 1-iG. fi ';Pi.;; 7ti, :_~ 7(), ~) 7S. 9 7H. ·1 1I so. 5 81. :; ~?. n ~:). :~ §[(~~~i. ~~~~7~~it~-rC(lgoocts,------re1. to 192!) __ 1 ;.i. rJ \ .,,-). :- ;~;.I l ;.;. t end of rnonth ______rol. to 192.3-. 25 __ i 150.7 ~ 14:-:.0 l:2fi. ~ Ln. \J 1:21. u il7.411 li9.2 121.11 120.0 1:\2.0 :-:;tocks, raw nw.teria.l, end of ' 1 2 month ...... rcl. to 1U2:l-2o .. 10G. 4\' Ho. D 12·!. G [, i't.:. \J 1:2!}. 7 85. 3 i sc. 7 1'7. g I KS. 4 UL !i flfi ..i ltr\. ~ t)he-rnica1s . 11 11 I I .\cct~~~d~~~E~·...... t<~ous. of lbs.. 3,1821 8, EJ5 2, ill! I 2. ~2•i 1. 0:~\J GGt3 I S4Ll l. o53 2, H53 4, 400 7, -1.l2 ;, 07:) 0luprnents ______thrms of lbs__ 3, 4.57 2. 85f) 3. 4fifj I :;, O.Jr1 2,172 4, 717 i 4, G5t 3, S5G 4, G74 5,160 4. 4G5 3. 4GS 8tocks, r,nc! of month .. _____ t.hous. of lbs.. 8, 836 1 9:,_1 11 B. 734 I 10.039 10. S48 1 20, 3Sc~ :!4. 203 26. 20r. 27, 927 2S,I:N 2.), 701 l6, Price, wholcsalc ...... dolls. per cwt.. 2. 00 1 _ 00 :!. 00 2. 00 2. on 2.2771 00 2.00 2. 00 2. 00 2. 00 2. 00 2. 00 Arsenic, crude: ..,_ o!s 1i Production ...... slwrttons.. 1,118 2,005 ~." ~ I l,2r.G 1. S21 2. ?~~ I 1. 03() l. 407 1, 491 1, 402 I, D57 1. !(14 Stocks, end of month ______short tomL_ 7,009 1, 055 v u 4, :-.,ol 5, OGO 4. Ji. 3, [)72 4, 280 4, 7GS 11 5, 2G.1 5, 4/b "· 862 Arsep~gd;~~i:,c~l~------short tous . .! 84\ S>i 1, 172 1 l. 12G 1. 1SO !, 2:l8 I 997 I, 024 !, 044 %4 l. 50G 1, 409 Storks, end of month ______short tons .. I ·!. 243 '[ 4, :;-;s 4. 2'J3 ·l. :lO:J 3. 907 2 61G 2, ·HO 2, 201 2, 012 1, 950 2,181 2. 149 Ethyl alcohol: . 1 1 f'roductwn ______t~ons. of proOI f,:a]s __ , 1 1:1, :!21 1-1:,002 I 11, 0:-~t J~i. o:;-;- 12:0031 \1,975 13, Ill 1:;, 120 11,1112 ll, U2D W house stocks, end of 1 ------\ I arc 1 month ______thou.s. of proof gab_·--~~------1 ~). li,:) ;), SiO 11:!. ~i'JO t;·, 021 I 11, 8S>; w. 171 11, 1!1 J:l. 071 13, ():);) !J.OIL \V;it~~~r-~~~~~~-~~~~:~~~~~-s. of prouf gals ______\ S, 07! JD, :_t·)o 1:!Jl1D 11.6371 l0,43G JQ,49l 10, 2S~ 10, ;,!1 {), :!9fi :\{ethanol, crndc: I I Prorluetion ______galhms._,1 2:)0. :1:~-l 1 200, i:m 21\1, 2.)-\! :2n~:. !Hi cltocks at crude plants, end of i 1 rnonth_ ------______ga.llnns __ , :-n:~. U:-35 , 2D-t. ?l;i t i.d, LJ~J 'll):i,\1;,) :J;~. B;Ji 0~'?· ~)07 I 4id, J~U 521), 5tJ ,HiJ 48D :-:u.s, ~fi:-, ~t?cks at refineries and in transit__:?u::n,>-] 2~;*· 1~! I 2:~,~~ ·1~} 11'), jr;f) ll/.OfJO lOCI, 10) 143,400 ' 1.07. 094 ng. ooo 105; 2:13 121, &:;2 pl!, ns .. , ;Ju, ,),).();!J Exports ...... ____ .. .J..l4 so,o:;.; :;o. 4.55 -12.:\00 I Cl,2-10 [d, 050 ::W, l4G 18, 2~5 J\lcthuno1, refined: : : Price, wholesale, New York_ dolls. per gnL.I .37 ! • 35 . 35 . 35 . •hi . Jj . 35 : . 35 . :;5 .40 . 40 Production __ ~ ______~--- _g-allons_- ll \i, li20 ~1-tS, /.H. 4_~1) 0 1-il, ~/:) hi, [ul.·4/4 [Jr., 5l;J Hl. GV6 Jd:·.:~:n 20:HVI '' 3 144 Shipmcnts ______ga1lvns __ ll:t.1, :1iH 102, -!£52 10t,~Yi2 ::-,9. 7Gt 10[>, f\f)\) !J),t:3l i 1~~: ~:~1 ! 122. ~46 llO. 451 hl\), .100 221: ~an 8toc~s, end of nwnth ______gallons __ :!Uti, '24. i 271. ~H;; ~:!.)J IOU :.!.) ... OU5 :!40. :liS 2.:\S. ,)'J\1 I 300,Hl I ~-);)5, 322 42fi, -112 499, ~t7S 41;1, V.)·1 Prit~c index numbt:rs: I Crude drugs ______rel. to ~\ug., 1'.11--L_ lW u.; ![<; 1 i; lj ·~ I ];{) 1 118 1:28 130 Essential uils ______rel. t.o Aug., 1Ut4 __ [ 5U ,)i 77 81 Drugs and plurrnth~euliecJ.ls ______rel. to ~\ug., tJl-L-1 L~; Li7 u;.- 1.)7 17-t 1--:.-. Chemicals ______rel. to Hl27 __ • S!j ~f: 8:_:. 83 Oils and fats. ______r\._'1. t<) 1~1:27__ .J.7 1. .. .il Ill Plastic paints, eold-watt..'r 11aints, ::tnt! cald- 1 -I minros: l Sales of-- I 1 Plastic p~1ints~---- ____ thLJUS. of rlrJHs __ ! ·-- ,;;· 1! w_~ II .,. i Calcimines ______thous. uf d;)il:.L-1----· -i ·.~,;-,~ ;1_!_ l -- Iii~ I Cvld-watcrpaints ____ thous. ofdol!S .. f____ -~ .. ]:;:~ 1 10 l Paint, varnish, and lac·qucr products: ' jl Total sales (315 establish- 1 . 1 ! I ](l, 1 n1ents) ______thous. of dolt;__l ____ ~-.---1 '\':'I il '- v. ;;:),) ll. 212 l!i, Ll2 ltl, 12f) 1 l-1-. 2·,11 'l'ra.de. sales ______thous. uf dolls __ ,: ___ - .. ___ 1 ji,ll7 ij ~2,Cil0 I 21,1~ ) I i7, JI2 2.\ o:-.:o ~. 802 12, Gil 14,4301 1:~,417 to, ±11 ;-, -.;.lf I!ldustr~a_l sales ______thous. of dvlls.-1- ______4, ':~~~<.•~' '4, FS t), 235 I,U:H 8,071 I i,U(J"J 7,4ol {i,'l"!:!. UnclaSSllicd sales ...... thous. of dolls .. i ...... 1 v • 41 'i'5 8! 1-11 Sulphur, production (quartrrlyJ _ .. long tons .. ! ...... 1 1 C/JS,I::W 1 Sulphuric acid:* 1 1 Production ______short ttJr.::L -I J J"" J. v·'d .• :i!! ;;,:~.~.~~-~ ;;:.:~:~-13 ;:,~::~: -· I rur~~~~Sr;tilizcr IWUlUfadurrrs , ~ :I ·------______shnrt tons __ i _ 10,8::2 !I ~Yi! b~~5 ~ 1.!, ·!21 From nonfcrtilizer nl~lnufaf'tun,!s 1 ______------~,lwrt tons_ 15, 2-l~l !! H,liOl I ]>), 3.), ,j~l-~ Exp()rts __ ------.------.----f>uunds __ l l8S, HS7 3~~.wu ii 4u3. :'Is I ;110. ~~:-·). o:-n (j() 0 ______Priee, wholesale d 1931 l!.~arlif'r data for items shon'n here may __ 193_:___ J_ be found in the 1931 Annual Supple J·BlWPT ment to the Survey Fehru- : ·!Decem- i l'~on~-:'11- october' Se1~r-;TI1·- -II ,::~stT~~l: -;-~-u_n_e I May April I March Febru ary ' ' ~ .J i her her twr ! b , I .J i ary I~~---- CHEMICALS ANn ALLIED UCTS-Continued :I -r~-~ ~--~- Explosivl's Explosh~cs, hlark powder, permissjhJe other higl1 cxplof,ives: J'\c'.V orders ______tl!OllS. of !hs __ i H~. (~~ 'I 18, Ii-I~ : 22, (;[,; 2';. fi";O 2;i. ~m I 2t'. -13i 20, ODS ) 2j;, 71n ,i n 1 n I 2s, 120 2n, no 25, 44s Prodw·tion ______t1wns. of lb~. ______! :iR • .SSl:i ! 2-i. 500 2;\ 2~2 ~~ ~-~ ~~~~~m ~~r~w ~ru 2S, 751 Bhipments ______tl•ous. of lhs.. ------_, i~: i4~ !! 18,087 24, 035 2!1·, fHO 27, 40S i 2<, SG7 2.o. 150 , 2o, till 1 27.379 2q, ooo 2tl, 598 27, 5'13 f~toek0, enrl of mouth ______thouf-:. of lbs __ ------! JR, 02!i :j 18,712 18, 2C1 18, ]fil 17,8,8 19,%() I 20,:\04 20,401 21:115 20,()3\) 20,929 20, 21~) 1 1 Fats and Oils 11 I Animal fats (qunrtcrly): I I Factory C'OllSUlllption ______tllous. or lbs ______! ______:)3173. :1Sn ___ _!______'1GG,%9 !_ ------1'151,!l51 ------Prodw:tion ______thous. of lbs ______:______i157r1, cw~ ------' ______/'359 ..;sg ~------~------'1•18,4:;9 1------Sto::ks, end of quarter______thou,. of lbs ______;______-:1''222 . .O'i3 '2.-1,983 ------1"221,3?81 ______Anhnal glues: ------"!" ------Prodnr'tion (quarterly) ______thous. of lbs __ -· ______'!: 21.. 518 ______-~-:~~.~~7 1_- ______;;3 ,~~s ______Stoek~, end of ll.Uarter______tlJOu.s. of lhs__ -~: -11i7, 17·1 I a lil, j,) :------; d 1 ) 'll1 1 ------Coconut or eopra oil: "':s 1-- - -- ",),;, 7 Fn.dory con~umption- 1 I I f;~~i~;~J'_l_':larterly) ______thous. of lbL ;- ______.. ·;'112. 4:if, , _____ J:J;·,-,-:Jn ___ ·-----]-- ______113\l, 128 ~.------·------~·.,loS, 2S5 Total (quarterly) __ . thous. of lt>' .. _l- ______' ______,, ' 7S. O:l!• __ . ______37R,:Hs I ------375.479 :~;s,4~)1i j______1 ln oleomargarine ____ thnu~ of ltls __ :______12. 7-h) 11 : L 027 1 1:~. S,l\1 10.917 I H. 4/:) I f), l!i~i I 7, lOfi I g, 4(Hi 11, :~2~i 12, O~li 11 -l\1'~ fuq .. ort.s ______thou:..;. of lbs __l ~n, {;r):) , ]!l. ! ln. ;.~o :rtn an.~-sl :m.-1:.!) IR,22~ 1 :u,sct:> ol.ooo ~ Li,ll70 2n,R1.2 27J>50 1 Lard compounds: 1 ,: 1 1 Production (quart(:~rly) ______thons. of lbs __ i______~ ___ ' 3 :-)0fi,5D\I 1 Stocks, enrl of quarter______thous. of lbs_J______~ 24-,757 :,;~.;;;: 1 1·:;;;; ,.:;;I Okomargarinr: j 1 r Consumption ______thous. of lhs ______: 19, t::J2 22. S31 HI, ~\lii IG. 48:1 : a, 2sg j L), 1so 1 15, 4GO ! 11, 150 j 19. 573 ! lD. 751 Prod,_wtion ______thous. of lhs_ -1- ______20, 38S 2:1, 17:3 l8,i<3G lll,OiC.. 11,271 i 12,536 i 14,1)121 19,6181 21,1.54 I 20,335 Vegrtahlt· oils: Exvorts ______thous. of lbs_ -1-- ______2. 41l! 4f.5 l,ll2!i 1,008 i 1,775 ~ 2,356! 2,1541 3,S:ll i 2,947 Factory cmrstunption (r1uarterly) 1 __ ------__ mills. of lhs __ i ______. ______3 I, OC.i 1 a 4~!1 i 3 5SH ~------~- ~------1 a 829 :------· lmport.s ______thou~. oflll~--1 67,169 5ti,[:OH ,- fi(i, 7-1?' ~~ Thm!n~ ~~.~~ ~~ Production (quarterly) ______mills. oflhs ______------.'!. 21,o::n 3 -14! '390 1------.------1 3 674 "Locks, "nd of quarter-- :~ 1 Crude ____ ------______thous. of Jhs __ 1 ___ . ______.. :' G7!1,049 517,P09 ------1------3 610,812 1{cfincd ______thons. oflbs .. _ ------;,a ,o25,148 386,17(i ------! ______"1'531,666 l<'.,rti!izer 1 ': Consumption, 8outhorn States 11 i I ______thou:::-. <1i short ton~ -I :-if).l) 172 G7 40 74 !95 , 1,1:-;2 i 1,352 (i!O l!nporls: i li~, !iS\1 SH, 07U 70. j[J-l ~~~~- 5'JU fiH, {)70 72,159 1 14:~, 2.10 1 2!i5, HO:i Hl, 4.21 'l'oL~j i,;()gi~I-l(J~J-S_____ : ~ ~ ===: == = = =-!~~:~~ ~~~:!~~ =i lS, !lfii {):~. 041 51, t)/0 -+I, ~);)5 3~, ~~~ ' -11\, li02 1!02, 342 I 170, 5S7 us, 4:l5 (Jt.hc·r fL'rtiliu·rs ______long tons __ 1 ~. \144 4, 214 :J, 20" 4,7fi:) Pbosphnl~ 1932 Earlier data for items shown here may 1 Febru ~=~u~t~ ~~~;:: An:~:-~=~~:-_ -~~~~:~~=!mary Dbc;:n- No~~;~~~~: Seb~~m-F~~s~~-J~~~-~-~=:- -]1,1,::;- Apri~- March ary CHEMICALS AND ALUED PROD U C'rS-Continued Flaxseed--Continued Minneapolis and Duluth: Receipts ______thous. ofbu__ 119 107 316 1,026 1,452 2, 766 2,436 378 789 456 309 498 42G Shipments ______thous. of bu.. 124 199 541 1, 15[) 924 786 406 386 501 I 424 314 185 286 Stocks, end of month ______thous. of bu.. 508 649 872 1, 605 1, 422 1, 381 747 675 790 781 973 1, 205 1, 293 Oil mills (quarterly)- _ I Consumption ______thous. of bu __ ------~ '7, 112 ______'7, 610 ______, 7, 205 ______'6, 571 Stocks, end of quarter ______thous. of bn .. ------3 3, 721 ~------··--- 3 4, 2H ------~------'1,198 1------3 2, 345 ______Price, No.1, Minneapolis ______dolls. per bu.. l. 40 1. 41 I 2 l. 43 1. 46 l. 32 1. 37 l. 41 l. 6-1 1. 481 1. 55 1. 57 l. 58 1. M ___ thous. of bu .. ------, ' 11,018 ------· ------~:~;:~::ion, crop;:~:,~:~;;s ------~~------~------1 1 Production ______gallons __ 130,046 162,330 169,695 !40, fJ90 17G, 973 172,539 114,20.1 210, 71! 231,207 210,0121219,0531208,690 220,066 Stocks, end of month ______thous. of gals.. 1, 724 I, 789 1,815 1 I, 829 I, 860 1, 845 1, 866 !I 2, 000 2, 013 1, 958 1, 903 1, 882 1, 839 Rosin, guru: ]';~t re?)Jir>!~· ::;outhern ports ______bbls.. 29,539 28:,6_ 14 93,980 95,642 101,157 116,639 1 129,018 156, 8~0 165,500 120,819 88,741 38,977 27,322 Pnce, B, New 't ork _____ dolls. per bbL 3. 23 " 30 3. G1 3. \!6 :;. 80 3. b, 3. 94 4. _s 4. 68 4. 70 4. 73 4. 64 4. a.s Stocks at 3 ports, eud of nwnth _____ bbls. _ :;s:l, 354 4:.'6. 508 ; 486,863 ·197, 438 465, 466 459, 588 449, li3 439, 241 436,480 351, 548 310, 576 266,0.56 300, 6\15 nosin, wood: 1 l'roduction ______bbls __ 20,00fJ 23,196 23,242 OJ 4-'0 26,102 25,058 17,07! I 2S,-HI0 3!,747 33,593 35,585 3:1,M4 32,3:!2 titocks,enLlofmonth ______Ubl.'L- U1,762 !J4,3:H !3~,258 93:142 101,::>:n 108,J5U 11:Z,21J5 I~H,~1-t2 12'1,:?K~i 124,830 126.534 125,Vl9 130,4\JO 'l'llrpcntiue, gum: ~etre~eipts_, Southern ports ______bhls__ :1,S~ 5,234 IB,~-1-l :2:{,147 30,b-!\J ;~x,9y~ 37,1.121 53,c159 II fd,345 37, O~fl :16,11U II, 5ll ;., :!oi 1'rite, Sew '{ork ______dulls. per gaL. .39 .40 .3D .--10 .36 .<)1 .:3G i .:w .55 . 54 . 5H .5:l! .-t:i :)tot:ksat3ports,Pndofi!!OTltli _____ bhls __ b6,679 10I,Otil II:?,:Hl 11~l,:t~:; 120,u;,;~ Jlr1,17(') llt.·Lll {:!2,:!14 10:,~105 GG, ~ciS 45, 2:~:.! 'l'nrpentine, wood; f'roduction ______·------bbls_ ~.·.11'32~ a, 6:!U 3, 7~{3 ~. 547 :{, 92~ :~. 7'L'7 :!, (i(Jj I 4, :riO li, 675 5, u~'~j G, :\44 ;;, /'-10 5.G:.H Stocks, end ofnwntlL._____ hills__ , _ U,3H2 6,002 :~. 1.:13 fi,:.::H 4,Sl7 r,,:l!JH 5,ao7 4, !)3:, 4, 7'1.7 R, :~;;;;~ \1, !-J87 Roofing Dry rooting felt: Production ... ______short tons __ ------10, 277 u, 181 1'' 0''8 16,116 18,:356 l7, 143 Hi, 747 JrJ, 7~~5 19, un~ 18,001 10, G-!3 1:l, 787 Stocks, end of rnonth.~------sbort tons __ ------ 5,188 5, 768 5:456 5,021 4, 834 4, 761 4, 908 4, 39H 4, 092 4,360 5, 378 4,677 Prepared roofing, shipments: Grit rolL ______thous. of sqs __ ------390 197 374 574 711 508 532 520 570 533 333 330 Shingles- Individual and single thickness ______thous. of sqs __ ------60 46 93 130 153 136 121 I 131 1.55 146 92 60 Strip, patented, and hexagon ______tlwus. of sqs __ ------227 169 299 470 535 466 48.5 512 541 555 329 277 Smooth ro!L ______thous. of sqs __ ------1, 097 571 998 1, 128 1,1\18 1, 067 873 843 965 967 702 714 TotaL.. ______thous. of sqs .. ------1, 774 983 1, 765 2, 302 2, 597 2, 237 2, 017 2,006 2, 230 2, 202 1, 456 1, 381 FOODS'J'UFI<'S Production index: Food products (Fed. Res. Bd.) ______rel. to 1923-25.. 96 '94 193 2 91 '92 93 2 88 2 87 83 2 89 2 95 87 92 Food and kindred products (elect. energy consumed) .rei. to 1923-25.- 129. 5 127. 2 124. 8 144. 0 13G. 5 J.l2. 0 146.4 117.0 13G. 2 126.8 122.0 116.8 122.0 Stocks, manufactured foodstuffs ______rel. to 1923-25.. 88.7 '84.3 75.7 G6. 5 68.1 R!. 3 97.4 11!.1 10,3. 3 97.0 95.1 9:3.5 97.3 Stocks, raw foodstuffs ______rcl. to 1923-25.. 193.5 2 190.9 '201. 0 2 206.8 '211. 8 204.4 213.1 191.7 178.2 189. 7 19:l. 7 202.1 197. g Candy Sales by manufacturers ______tllons. of dolls .. 17,371 !G, 870 22,909 23,20il 24, 110 22,965 15,558 12,176 15, ii12 15,680 21,608 22,062 21,444 Cocoa Shipments from Gold and Nignian Coasts, Africa ______long tons __ 49,:)30 52,105 'i. 256 6, (){i;j 4, 355 7, 78:3 11, 720 33,804 48,353 51,550 hnports ______------______long tons __ 29,28.1 W,fi41 ~3,0808,288 II 8,lfi2 14,104 13.5-!li 17,746 14,11.870 S92 I 22,520 20,242 20,942 13,U9fi Spot price, Accra, New York ____ dolls. per IlL. .0422 . 0432 .0!94 .Ol75 .0-163 .0025 . 0581 . 0563 . 0-l9-! . 0535 . 0550 . 05(i:! Coffee Clearances: Total, Brazil for United I States ______.thous. of hags __ (;.w 818 87U 800 711 .su::: i\30 7·10 G4:l 1,080 8-!9 88\J Total, Brazil for world ____ thous. of bags~- 1,0!17 1,507 1, !)29 !. 4S:i 1, 26:~ 1, 21G 1,Hil 1 1, 51)4 1, 3:J:J 1 863 1,55~ 1, 590 Imports ___ ------.ihous. of bags __ 1, !40 1, 203 gar. \107 7H4 884 1,100 1,0.!7 1, 415 1:126 1,407 I, 286 Price, Rio .No.7, Brazil grad<·s _dolls. per lb __ . _ -072 .070 .063 .05ti .O!ifi . 050 .Ofi:J .008 . 001 . 053 .056 . 064 Receipts, total BraziL ______thous. of bags __ 1, 7GB 2.138 2,319 1, 711 1, .533 1,495 1,462 115:~5 1' 755 1 • .550 1, 565 1,648 Visible supply: United States ______thous. of bags __ ~· 34?, 1, 359 J. :387 1,510 I, 555 1, 592 1,491 1_._. ~. ;_·:_v" I 1, 340 1, 088 1,H8 1, lfj[ World ______thous. of b~gs. o,Sfi- 6,2!4 • 6,419 6,127 {i,493 n, 944 6, jj!JO f1 4 6, 286 6, 13G 5, 963 .5, 879 Dairy Produ~ts BUTTER 1 Apparent consumption ______thous. oflhs __ 15u ,o87 157,136 I 171,991 !GO, 638 187, 11-i 189,483 203,731 197,659 207,978 !i;i, 538 155,766 Cold-storage holdings, creamery, ,, "" I,AA, "'' end of month ______thous. of lbs __ 15, 229 ' 22. 506 I 26, 643 42, 242 I 50, 229 80,152 104,678 1!5, 121 89, 172 35, 155 17 Hl5 18,010 30,672 Production (factory) ______thous. of lbs __ 117,684 119,324 121,054 112,002 121,052 118,202 136,769 158, 126 190, 2B 177,.514 142:529 125,189 108,050 Receipts, 5 markets ______thous. of lbs __ 49,071 48,895 47, 194 44, 925 43, 857 42 863 45,588 58,522 74,15! 61,813 53,556 48,739 43,251 Wholesale price, New York _____ dolls. per lb .. . 22 . 24 . 31 . 31 . 34 , . 33 . 28 . 25 . 2:l .24 . 26 . 29 . 28 CHEESE Total, all varieties: Apparent consumption ______thons. oflbs .. 42,174 38,014 37,257 42,519 50,202 47,384 47,078 45,39-4 51,68\1 57,266 49,805 49,271 39,753 Cold-storage holdings, end of month ______t.bous. of lbs .. 55,508 65,728 73,289 78,565 81,743 83,426 86,418 81,003 72.977 55,939 53, 172 54,270 61,841 :Exports, Canada~------thous. oflbs .. 669 752 3, 893 ll,022 21,945 16,688 11,929 11,496 4,078 1, 517 505 491 306 Exports, Unitl'd States _____ thous. oflhs .. 87 157 170 140 112 116 124 148 ug 139 121 208 118 Imports, Gnited States _____ thous. of lbs .. l 3, 580 3, 739 5, !95 6, 0;)7 7,179 5, .115 4,389 3,413 5,121 5, 856 6,471 4, 611 4. 062 Receipt~. 5markcts ______thous. of lbs .. 12,07.5 11,361 9,304 10, 5G9 J:l, o88 11,949 14,264 14,190 17,480 12,145 11,445 11,717 10,406 ProductiOn (lactory) ______thous. oflhs __ 28,481 26,860 ' 26,725 33, 12·1 41,480 38,993 ·15, 127 53,255 54,316 12,357 28,180 American whole milk: 63, 7251 37,2981 Cold-storage holdings, end of I month. ______thous. of lbs .. 41, 661 I ' 49, 406 I 5.1, 775 60,583 63,968 65, 802 1 68, 87 4 68,532 58, 144 42,461 40,542 41, 836 47,968 Wholesale price, New York..dolls. per Jb __ 1 .13 .14 I .14 • 15 .16 .17 .16 .15 .14 .14 .15 .16 .16 'Revised. a Quarter ended in month indicated. • As of Dec. 1. SURVEY OF UURREN'l' BUSINESS 29 MONTHLY BUSINESS STATISTICS-Continued 1932 1931 Earlier !lata for items shown here may be found in the 1931 Annual Supple Febru- J Decem- Novem-1 October Septem- nt.ent to the Surveu ary anuary ber ber ber J<'OODSTUFFS-Continued Dairy Products-Continued EGGS Cold-storage holdings, end of month: Case_------_____ thous. of cases __ 25t) 26(i3 1,475 3, 447 5, 745 7, 960 9, 015 9, 504 9, 507 7, 887 5,162 1,893 408 Frozen ______thous. of lbs .. 67, 289 ' 72, 439 79,198 86,407 94, 81G 103,302 110,271 114, 700 113, 513 106,607 91,517 78,051 73,889 Heccipts, 5 markets ______thous. of cases __ 1, 090 936 652 f/i8 722 9·!3 1, 053 1,180 1,862 2,236 2,478 2, 046 1, 2G4 MrLK Condensed milk: Exports ______thous. of lbs.. 1,404 2,310 ' 1, 233 1,443 1,180 1,309 1, 477 1, 372 1, 973 1, 853 1,873 1, 345 Totrd stocks, manufacturers, end of I, 862 I month- Case goods ______thous. oflbs __ 7, 467 9,145 12,506 15,130 17,2U4 20,349 22,504 23,998 19,892 12,390 13,227 13,051 Bulk goods ______thous. of lbs __ 24,071 I 7, 911 8, 275 7, 929 8, 507 10, 032 11, 0~~ 15,001 16,221 18,992 19,163 15,887 16, 273 l6, 171 Wholesale price, New York.dolls. per case.. 4. 75 4. 75 4. 75 4. 75 1 4. 75 4. j<} 5. 00 5. 65 5. G5 5. 65 5. 65 ,5, 6.5 1 5. 79 Evaporated milk: Exports ______thous. of lbs__ 4, 064 4,502 4, 367 4, 240 3, 610 3, 6JV 4, 406 5, 8!12 5, 024 .5, 1!4 ,;, 311 5,034 3, 775 l\lanufacturers' stocks, end of month- Total case goods ______thous. oflbs __ 116,859 127 883 132,011 13ll, 844 129, 802 13G, 408 181, 74;, 275, 031 2/fJ,2SO 230. 73G 177, 754 150,931 136.896 Wholesale price, New York. dolls. per case.. 2. 98 2. 98 3.00 3.00 3.00 3.00 3.00 3.10 3. 20 3. 30 3. 50 3. 50 3. 50 Fluid milk: Consumption iu mfr. of oh)omargarirH~------thous. oflbs______5,IOH 3,4:l2 3, 7!H fi, 3H7 5, 027 Production, 1\'I ituwapolis and .-lt. l'auL ______thous. of lbs ______:J:l, ~J78 3(i, 214 36, 24fi :l3,02ti 1·~\'teipts"- Boston, inelu BARLEY Exports ______thons. of bu__ 113 129 276 2:)4 768 717 1, 014 678 807 89G 776 745 921 l'riee, No.2, l'vfinncapoli:-; ______dolls. per bu__ . 52 . 51 . 51 . 51 . 50 . 50 .45 . 42 . 39 .45 . 48 . 44 . 44 Production, crop estinwte ______thous. of bu __ ------· ------;,- ~ Hl:, ~t}5 Hcceipts, principal1narket~L ____ Uwus. of 1m__ I, 715 I, G5:l 2, OOa ~. ,,44. 5,40() 5,15:2 5, OS~ 1, 801 ~ 5')3 ~, 44G 2. 484 2, ~4G Visible supply, end of month. ___ (hons. uf btL. 3, 53ti 4, 030 4, 226 4, nu~ -!, 770 4, 13K 4, OoU 3, 449 4: (j~l.i 5,t.iW2 7, 840 \),58:~ CORN Exports, including mcaL ______thous. of bu__ 291 177 1~0 508 256 165 201 55 f) 12:3 151 206 534 443 Grindings (starch, glucose) ______thous. of btL ______4,630 6, :l48 6, 318 5, 912 4,6ti5 5,168 5, 738 5, 580 5,492 5, 441 5, 575 PriceR: No.3, yellow, Chicago ______dolls. per bu __ .34 .37 . 37 . 43 .:l8 . 42 . 46 . 57 .58 . 56 • 5S -60 -61 No.3, yellow, Kansas City __ ------_____ dolls. per bn __ . 36 ,39 No.3, white, Chkago ______dolls. per btL. . 35 . 37 Production crop cstimate ______thous. of bu ______----~~~- •2,55;,,~~3 _____ :~~--- --~~~------~;g_l__ --~~~- _____ :_~~------~~~- _____ :_~~-~-- __ :_~~_!______~~~ Heceipts ______thous. of bu __ 13,561 10,421 10,767 11,741 14,414 8,447 11,3:!0 16,1.12 13,417 11,381 17,102 18,567 21,278 Rhipments ______thous. of bu __ 2, 921 3, ()03 4, 346 4, 884 7, 211 n, 364 6, 561 s, 955 10.589 14,855 14,246 1c, 281 11,895 Visible supply, end of montb ....thous. of bu __ 18,929 14,736 13, 192 10, 079 7, 3(i4 5, 592 8, 271 8, 536 7, 785 12, 286 19, 676 21, 998 20, 110 llAY Heceipts ______number of cars __ ------3, 561 3,487 3, 592 5, 094 3, 959 5, 001 I 3, 495 3,052 3, 777 4,198 4, 519 4, 279 Production, crop estimate _____ thous. of tons __ ------'64, 233 OATS Exports, including meaL ______thous. of btL. 89 133 255 850 857 627 429 °53 3741 192 179 174 120 Grindings, Canada ______tbous. of bu __ ------903 I, 151 1, 762 1, 506 1, 166 836 938 770 785 822 844 940 Price No.3, white, Chieago _____ dolls. per bu__ . 24 , 25 _25 . 26 _23 . 22 _21 _2:! _27 . 2R . 30 . 31 . 32 Production, crop ~stimate ______thous. ofbu __ ------______•1,112,142 ------______1 l'~oa~~~t~~{a~::~ ~~~~·--~~~-=~~~~~tlwus, of lbs______11,3341 15, 172 24, 422 20, 088 15,960 - 10- •• 2,39 ;~ •• 9-63 ; ;,, 0-9s-~ ;0- ', o' ;o: --9- •• 871 110,, 243 ---;;,.-8-9-o: Hceeipts, principal markets _____ thous. of bn__ 5, 721 4, 545 4, 028 4, 532 7, 090 7, 398 12 903 c 749 4 7 5 294 7 604 6 843 7 123 Visible supply, end of montlL .. thous. of bu.. 17,808 16,846 15, 710 17, 863 18,605 17,468 15, 577 7, 785 7, 65-14 8 9, 892 13, 837 19, 103 22,947 'Hevised. • As of Dec, 1. SURVEY OF CUlU{EN'f BUSINESS MONTHLY BUSINESS STATISTICS-Continued 1931 Earlier data for items shown here ntay 1932 111.------,-----.------,-- be found in the 1931 Annual Supple Febru- I Januap·' Decem- i'\ovem- Octobe Septem-1 ·\ngust Febru ment to the Survey ary • her her r I her " - · Jnly June l\Iay April ary ------· ------FOODS'l'Ul<'FS-C'ontinued Grains-ConUnned H1cg I Exports ______.. __ .pockets (100 IIJs.L. 203, 6~2 Ho, 002 103, 200 380,658 322,302 87,630 108, 181 100,809 2:!9, 358 260,94\1 203, 51!l 1211, H3 259, 578 Imports ______pockets (100 lhs.)._ 15. G63 32,111 34,081 11, 859 4 45,011 §~J~~~!r~O:Op estimate .. _____ tllOUS Of bu .. ----· ____ . -.- .,·~·?{>__ _ ,1 mills ______thous. of pockets (100 lbs.)______- 0 75R I, 216 ::: ,;: .::1 ') '":(::;I .. ~:I .. ;:; .. ,::: New Orleans ______pockets (lOOibs.) __ 98,638 07 4 78,972 136,328 Southern paddy, rece1pts ,,t 1 10:: ::: 13:: :: 78, ::: 37, ~:~ ~·.o, ::: I 88, ::: 68, ::: , 68, ::~ I 74, :;: St~jfl::e~d-of ______thous. of l·bls.-~------569 63'~ 11,408 1 month ______thous. of pockets (100 lbs.) ______1, 906 I 1, 987 2, 051 1 1 1, 805 1, 305 683 I 8~: 11, 0~: i I, 2:: I 1, 38~ ~.. 1, 561 1, 7~~ RYE I I ' 1 f;xport~, including flon~------thous. of bu - ~ I 10 II ~ 1 27 I nee No.2, l'dmneapohs ______r\olls. per bu. 1 . 4U I .461 . 4o . 51 . 4~ . ~3 .~~ .37 . 37 l . 36 . 3;, . ~~ I • 37 Production, crop estlmatc ______thous. of bu ______------______'32, 7i6 ------I ___ J ______J\ece1pts, prmClpal markets _____ thous. of bu._ 580 378 401 1 7ol I, 213 1, 311 1, 137 VIsible supply, end of montiJ ____ thous. of hu.. ~. uon s, fl31 I n, 0251 u, !C.! IJ, 186 8.\122 s. 2fi7 •. ~~~ •. l~ k~31 .ey,: ,;;~ ... ::: WITEAT l I I I Ex(Jorts: I Canada, inclu tl\): JO,!JI)ti :!J,:J:--:7 ~9.!"/JH 1 f' ·· Hour ______------__ thow;_ ofllll._ II, I -l:lf> I J..t, ~D-~ I ·,l HrI ~~!. flS ..:.: Ii ''·u !•'•/ I1 G, JIH 1.r1. r;::t L\ Jc.·, llnite Consumption (computed) _____ thous. of hbls __ 7, 604 1 9, 393 10, 462 9, 898 9, 8431 7, 642 6, 666 8, ill i s, 281 8, 654 8, i3fl Exports: Canada ______thons. of bbls__ 338 332 451 476 .o;i7 522 ' 467 4\JO 481 I 326 561 415 United States ______thons. of bbls__ 712 1<64 8\.!5 858 765 700 640 1, 005 824 789 ' 761 715 7G2 Grindm~s of\\ heat· I I Canada ______thous of bn ______~. 798 5, 275 8, 102 7, 505 6, 772 .\ 9\l2 0, 932 5. 033 5. 304 ! 4. 71!! 5, Hl'! 4, 007 t;mted States ______t.hons. of bu.. 35, 1:w '37, 290 :>7, 157 45, 230 47, 4a:1 44, .1m1 44, ·112 4.1, 362 35, ~n 3fl, 946 1 39, 121 40, n1 37, \f:$~1 Prices, "' holesale· Standard______patents, l\Imneapol1s dr.lb. per bbL. 4 fl1 I 4 5U 4. 51 4. 84 4. 2S 4. 24 4. 21 1 4. 7.o U51 4. 71 4. (\j 4. S5 \Y1nter, strai.hhts, Kan~as C1ty ______dolls. per bl>L 3 30 3 40 3. 22 3. 03 3.HI 2. 96 2. !)6 3.16 ·.1.12 4.14 4. 02 4. 00 4. Oil Production. Canada ______thons. of bbls ______.. ~51 I, 175 1, 812 l,G04 1, 333 1, 319 1,121 i 1,183 1, 053 1,164 1,0:15 United States- Actual (Census) ______thous. of bbk_ 7, G:J4 2 8, lRO '· 148 9, 800 10, 39!J U, 735 9, 608 !1, 852 7, 76:1 8, 015 8, 4111 8, 724 8, 2{2 Prorated (ltussells'J ___ thous. of hbls __ ------~. 7~8 8,:-,90 JO, 167 II, 112 10,611 10, 614 S, 73Y !!, 134 H, 27.~ :-;, 750 Capacity ______.Jll"r cent._ 51 !), 8~~ 7, 0~~ 2 lU ·lH I 65 60 ol 58 50 51 52 [JI) Orain otTaL ______thou~. of lh:-; __ tHO, 5;{(> G-!0, S~t G!i\ ;-..12 7:-19, 'i37 82~. 1!4 7~H,31S 785,10() 802, ,124 G-17, 100 66:1, 303 702, l~H 71:~. [j()j ()/·.-.;, 7!1:-i Stocks: All positions (computl'rl) end of rnonth ______f.lwns. of llhb_ 5, 1:!0 4, 5;7 5, !175 6 000 I G, 1:)5 6, l~ll 4, 800 G, ;,~t; l!rld hymills (•!lW.rterlyJ __ tlwns. of lobls_ .J 4, 1:W . ---~---- ":J, ,;;)2 --~·~0~-1 :\ 2, ~30 .: 3, 71~ Meats ! Export value, meats :-trH1 fn.ts __ thnus. of d(dl~ 6, 012 fi, 117 7, o:J5 "· 020 7, 1!51 6,:321 6, 821 7, 7Hl 8, 477 10,082 10, 57G CATTLE .\~n f3r<~EF Hcd produets: I Apparent consmnplion ... __ t hous. of Ji>s__ :>40, 689 2 380,07V 343, 245 448, Sfl:! 14111, \128 432, ~112 116,H22 401, ·;:n 42-t, G/2 421, 252 37U, tofi Cold-storage holdiJJg-;;;, end of month ______thous. of lb.::~__ !JO, !143 .11, 2'"i5 5:J, 191} 3\l, 1581 31, 407 35, 17 J 30,050 41,055 ·15, ~.?~8 49, 448 53, 150 G1,111! 67,622 Exports ______tlwus. oflbs__ 883 1 ')0'' 1, 046 1, 18\J 1, 604 2, 077 1,837 1, 497 J, DJ3 1, 46S 1181 1, ,Ill I f!()l Production, inspcctcd ______thon:->. of lb~L- 330,915 377: OuS :l!l:1, :J!JD 34!1, 5\IS 4-16, 7D~ 100, 7'•2 130, 5(!5 ·111' 9.12 400, Ji2H 119, 12·1 412, 757 :ii4, 151 i 330, :321 Cattle movements, primary 1nnrkets: Local slaughtcr______thnusands__ 841 Ri6 ~(17 905 t,o:n 061 1, 009 930 1168 980 I %0 812 Receipts. ______------_ .thousands__ 1, 281 J, :l7fl 1,15:3 I, 866 2, 137 1, 7(17 1, 821 1,4881 1,!),1() 1, 551 1, 535 1, 303 Shipments, stocker and f(;•dt•r ------______thiJusands __ 110 J:lO 215 487 582 381 ~51 12,1 153 17.1 146 147 Shipm~nts, totaL ______thousand;· __ 427 478 607 no5 1, 096 Sill 756 561 581 .546 486 Priers: .5611 Beef, fresh, car{~ass, good nati\·0 ;;;tf·ers, Chicago ______(loBs. pC'r lb __ . 130 . 14S .161 .1.16 . HH . 144 . 129 . 160 .lWJ . 17.S Beef, fresh, carcass, :-;k·~·r;..;, '\cw York . l!ii I .160 • JGS . 172 . 175 . 173 . 11).5 .153 . H5 . 145 .172 . 180 . l(IG (::~ttiP~ -cor;;-red-.- (;-hf{~ag(-, --- _ddls. per I h. ·j . 1.55 I ______.dolls. ]'l'r 100 Ills .. 7. \IS I 8. 97 9. 34 10.20 9. 25 8.66 8. 62 7. 25 7.32 7.fi8 I H. 5G 9. 08 1 ~1. 11 'Hevise 1 1932 11 1931 ga,.licr tlata for iletn.. Hogs, lle 1 SUREr ANn .LA)1BS I 1: i LamlJ :nHl n1uttou: : /\ pparent cont:;umption ______thous. of lhs __ 1 56,025 2 (i ~~ 275 ; 2 5tl, ()83 5G,1!l0 li6, i3G 58,351 55, ::>33 51,601 [19, 095 51, VJD [,0, 007 Cold-storage holdings, end of month II ______------______thous. of lbs __ 1, 1, 7.1fi 1,0!7 !1 2,313 1, 985 1, 975 1, 908 1, 975 i 1, S92 2, 371 3, OG3 3, 573 46~ "1 Pro1luetion, insrJected ______thous. of lbs __ ; 55,851 G:l, 934 i·, 00, 017 56,545 Gfl, 54() 60,754 ()8 1 53, ~)47 54, 433 &4, 4SG !iO, 511 Prkcs- I li Olleep, ewes, Chicago i i 100 ______dolls. per Jbs __ , ~- 98 ~. 06 ;; 2. 00 2. 00 1. 63 : !. 63 1. 98 2. 56 1. 55 2.44 3. 29 3. 79 3. 69 Sheep, Jambs, Chicago 1 8. 27 ------:------dolls. per 100 lbs•. , 5. 38 5. 09 4.8Y 4. 98 5. 70 : 5. 94 5. 95 6.05 6. 98 8. 36 8. 76 8. 31 Sheep 1110\·ements, pnnmry 1uarke ts: i li Local slaughter ______thousands .. ( 1, 233 ], 381 :I 1, 305 1,281 I, 500 1, 401 1, 474 1, 342 1, 3('-;4 1, 464 !, 4!0 1,155 1, o;;o Heceipts ______thouoands._\ 2, 035 2, 353 :' 2, J82 2,811 3, 956 3, 900 :3,270 2, 535 2, 5S7 2, >)10 2, 7):1 2, j 19 1, V61 ~hipments, stocker and feeder ,, ______.thousawls._l 124 i1 655 1,181 I, 104 71~ 2ti9 lii'.l 103 Shipments, totaL.------_____ thousands __ I\ 9::-:~ i ] '520 2, 46.~ 2, 4.1G 1, TH j 1, 21 j !, :;n1 !it:-; .:\fiscellaneous ntcats: [i Cold-storage holdiugs, 1 end ofmonth ______thous. oflbs. · 7:J,o:n Gil, 249 6!i, .579 50, {i(j4 4::1, 7·11 75, 46!) 79, :m Sl, :;;:~ !12, 741 Total m\'nJs: Apparent consumption ______mills. of 1bs. 1,098 2 1, 048 1, 020 I, 1114 J, OG7 1, 012 1,015 J, OGO 1,004 Cold-storage holdings, end ofmontlL ______mills. S76 736 523 506 i 63S IJ46 1, Oli I, Ofi2 1,100 1,072 1 092 Production ______mills. I, :l01 1, 352 1,0~5 1, 125 i 904 ~iJ9 1, 0:):) 1, 07tl 1,090 1,059 1: 1L2 I POULTRY Col Cuban movement (rnw): J Exports ______.______long ton:;__ 25,111 1~ '?-!') 1511, 714 !IG, 102 134, 3:~G 1t)O, 992 215, 110 ~O:l, O:lO l4S, 524 I :J7, ~~05 V1, tG5 1::.1, U2ii 1Gt!,450 <)')'"\ HcC'eipts at Cuban ports ______long tons __ 26:1,540 97, 72,1) I 10!), fit:{ 12fi, 016 119, DG4 93, fi·t.'~ l!o, !i14 b7'' 5·W,.5:Js 429, 57() 8~: 595 101, 5!4 , 101, 27S ,,q.j Stocks, rnd of rnonth.thous. of long ton::;__ 301 75 51\1 ! G23 CG(} J 702 754 l o43 \j;j(J !}02 ""1: GOl 41i1 Prices: Hctail composite, 51 cities ___ .rei. to HH3 __ 98 YS 100 ! 102 10~ 104 104 102 102 102 10·1 lOG 107 Hetail grn.nul~tted, l\ew York ______dolls. per lb .. . 051 . 051 • 051 I, . 052 . 052 . 052 . 053 . 051 . o.:;o . 050 • 0.10 . 051 .053 '\"lwlesale, granulated, l\' ew York ______dolls. per lb __ .041 • 041 . 0-12 .044 . 0-15 • Ol!i .(J-l(j .04·1 i .0-l:l .011 i . 010 . 0-15 Haw: Imports-- From Hawaii and Porto Hi co ______long ton~; __ 1 ,.l ·Js·' JG1, 260 151,9811 17'2, 7~2 93, 141 :JU, 1\11 53,741 S2, 062 l2fi,970 1 ;~5. 228 14,, 630 1[)0. I "Fnnn foreign countries _____ long tons __ 264, ti75 196,150 i7,S, 79V l:J5,30S 1~6, 02S 202,564 307, 042 324, S·l8 2:~s): t~~fi I 151, ~15 21~9· t ~. ·.11·;Q~ <:> 3G-1, \1'.'.~4~f) 212, 45:l :i\leltinp;s, b ports ______long ton~-- 267, U38 2•16, 324 2S3, 570 231, 7-lG 32S, 3HJ 414, 06(i ;:;76, 715 4t\9, f)Qtl :J;:-.3, 157 i 332, 55G 403, 3;)7 i 0fll,lt:\J ! 290, 3:17 Stocks at refineries, end of month ______long tons__ 2G3, 6.~9 1S2, 257 181,363 187, 552 245, 69-t 321,815 429,2:29 367, 252 400, 567 463, 7:l0 4>1.5, 535 I 420, OliO 329,324 Heflned: Exports, incltH1ing rnnple ______long tons __ 4, 143 3, 3G5 2, 607 3, 5!)~ 4,304 4, :~G;j 3, Sf!t) :::, \l;)2 4, 329 i 3 '''lS .1, 332 ' 4, 612 3,08!) ~hipments, 2 ports ______long tons __ 3, ~65 44, 745 51,376 1 4J,5:Js 4S, 20" fiO, 502 76, 41'2 !~X. h7~ 7", .ss;{ 1 5~: ~y~ C5, 6:n 4V, 077 54, 570 Stocks, 2 rorts ______long tons __ 3, OtiS 32, 23!1 31, 220 ' 34, ·1'o6 33, 0<17 41,171 37, 1 J6 aD, 4,...;1 35,030 3_,(,.L 4:). ~':-:0 54, (i(i5 29,070 Tea Jrnpuri....;,______thnll;"'. oflbs n,:·m-1 1 HI,02" 7, ~J:l 10,271 ~. 5(i;) 7, 977 fl, Pi7.>-; (i, tJ5:~ 4, .i8G 5,223 I . '2:!5 l'rk<•, Fur;.•H) ::1, flne, ~e\V York_ 2 Revised. 32 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS--Continued 1931 Earlier data for itelnS sh?wn here mau be found in the 1931 Annual Supple Decem· Novem" Septem~ I Hay April Febru ment to the Survey ber her [ Octoher ber .August July Jnne March ary FOREST PRODUCTS Lumber AI.LTYPES Exports ______M ft. h. m __ · 65,06~ s1,4:n 87,520 77,877 85.234 89,502 99,633 120,354 120.501 143 . .008 135, iil 73,SI8 67~ zg~ New or.1 49.2 48.8 47. 7 RET.\JI. JVIOVEMENT Retail yards, nth Fed. l(es. Dist.: Sales ______:\{ ft.. h. llJ __ , 1. i23 2,808 2, 932 6, 379 ' 9 255 8, 314 9, 457 8, 513 10, 084 . 8, 451 7, 767 ' 5,236 :' 3, 4\Jl Stocks, end of month ______:\[ ft.. h. rn .. · 61>, 63S 64, 928 63. 374 65, 480 : 68: 318 73,002 76, 554 78, 274 79, 017 ' 80,051 80, 816 81, 151:> ,0, 251 f(etail yards, lOth Fed. Hcs. Dist.: 1 Sales .... ------~~[ ft. b.nL_ 1, 402 ' I, ;,93 1, 697 2. 599 i' 3. 481 3, 249 3, 280 3, 745 i 3, 432 3, 421 3, 368 3, 389 2, 641 Stocks, end of month ______:\[ ft. h. rrL .. n Oo4 33, 458 :11, 183 34,718 ' 35,207 ~w ~~ ~m ~ru ~m ~w 39, (i57 38, r,:;g i ! FlOORING I Maple: · 1 New orders ______M ft. b. m __ , 2, 203 , 1, 742 2, 342 3,368 2, 760 2,783 3,312 3, 712 4,24.5 3, 327 3, 679 sa, 211 t a, :135 Production ______M ft. b. nL-: ~.· g~? I, 2, 212 ' 3, o2·; 2, 797 2,812 3,134 2, 973 i 2, 737 3,116 2,629 3, 326 '3, 921 ! 3, :J40 Shipments ______:\{ ft. b. m ... 1. 759 1, 928 2, 431 ' 2, 70.'l 3,144 3, 447 3, 778 3, 315 3,226 '3, 095 '2 -,6 Stocks, end of month ______l\1 ft. b. m __ i 21, ;,xs 1 21,511 ' 21,438 20,216 . 20,042 20,189 2r·m i 21,321 !H,821 23, 46'i 24, 191 ' 26, 793 '26:3!<4 Oak:Jnfllled orders, end of month_M ft. b. m .. : 5, 072 I 4, 911 5,0S3 4, 851 3, 778 3, 775 4:183 4, 772 4, 955 4,604 5,312 '5, 333 , '5, 431 New orders ______"l ft. h. m .. : §. 150 [ 17.537 16, G':"!) 2 13, 5.21) I 15,973 16,928 18,631 26,390 i ~~1, 065 24,710 28, D75 31,4o;· ' 24, 771 Production ______:\! ft. h. rrL.; 1, 968 i 4, 0~8 13, 45 7 15, 744 19,299 22,425 21,736 24, 120 20,984 24,505 25,147 23, l\43 : I'J, ;A;i Shipments ______M ft. b. m __ , ll, 3fl9 I' 11, 673 i 12, 976 13, 907 18, 203 19,486 21,464 25,691 ~·:;, 131 27,745 28,155 26,243 i 21, 713 Stocks, end of montb ______:\I ft. h. nL. 56,201 60, 781 :. 67, 748 68, 293 67, lo:l 65,696 65,004 64,798 : 67,619 7(i, 753 70,783 78, 305 I so, ~~43 8 1.1~:~~ t~1 ~':.~~~~·-~~~~! ______:\1 ft. h. rn__ 19, 1S9 i 22, 251 : 17,987 14, 334 : 15, 589 36,326 3:?. llD Il.\ RDWOODS ! A I! h~rdwoods: . I 120 105 131 ' 131 131 131 139 176 158 154 173 ISS Qg 86 105 105 105 101 109 143 146 146 165 15!i ~i~,~i~~:_:~:::::=::::::::~!!l: H: k: ~:: :::::::::: 120 JQg 128 . 135 131 . 143 139 161 169 161 176 165 Stocks, end of month-- 1 1 2, 791 2, 854 2, 893 2, 915 2, 960 3,020 3,065 i a,12n 3,149 3,175 3, 20.5 3, 249 t~l~~ lct:::::::::::::::::~lll: }i: ~: ~:::::::~::::1 2,434 2, 4S7 2, ,)24 i 2, 542 2, 559. 2,645 2, 662 ' :2,707 2, 718 2, 713 2, 731 2, 7fi9 Unfilled orders, end of : 1 month~-·------miH. ft. b. m __ ;______1 356 31Ji 370 : 374 387 : 375 : 40~ 419 463 473 481 Gum: ' I Stocks, end of month- i ! 560 595 607 fi15' 6:!4 653 683 ()8fi 694 70:l '8~~~\;c:::::::::::::::~m: lt l~: :~:: :::::::::i 476 501 516 518 542 ! 551 : 575 5&6 593 5!)8 ! 11 nfilled orders, end of . , I 80 81 92 91 92 i 102 IOI:i IOU 101 ~orth~~~nl;~fd\VQZ,~iS:-·- -- _____ nHlL ft. h. m--~------··-1 98: 105 : 112 Production ______Til ft.. b. m .. 9,900 1 1 8, 220 6,382 3, 517 2,617 3 210 5, 864 G, 173 I 11,878 10,820 12, 7G7 17,878 ' 17, 2fi2 Shipments ______:\! ft. b. m .. , 11,89~ 1 12, ·l:l.l 12, 1:37 12,(ii.l0 15,378 14>J07 l:l, 445 Q, 81G 11, G90 10,330 12,806 12,631 I 12, 3:m Oak: ; I Rtocks, end of month- ' I TotaL ______rnill. ft. b.m __ ------! 775 805 813 ' 827 840 853 I 8G4' 890 914 935 91\6. 990 Unsold ______mill. ft. b. nL_I ______I %8 ;·u 728 742 ';til 783 : 783 803 809 814 841: ~61 Unfilled orders, end of I : month ______rnill. ft. b. m ______J 87 85 85 79 70 81 88 105 120 122 129 Walnut logs: i Made into lumber and I veneer ______}\'[ ft. log measure __ , 525 400 !)!jQ 900 1, H5 925 709 ) 523 958 1, 135 9~5 816 82!! l~urchases ______l\1 ft. log measure .. , 48~ 1 ;)~:3 861 s;s 1, 104 1, 113 776 I 666 ' 674 828 719 G99 874 :>tacks, end of month __ l\l ft. log measure.. 761 785 SOG 623 606 707 510 ' 442 . 293 519 845 1,0.10 ], 172 1 Walnut lumber: . ' , 1 1 -"'_e';'orders •. ------~1. ft.u.r~--. ~~1 . 8tH "i8(; 1, 148 I, 'Hi3 I, 861 I, 252 J, 574 ' 996 1, 181 1, 39:l 2, 094 1. 471 P:o.luctwn ______M ft. f>. rr. __ , •)~8 4~!; ~8fi 1, 110 1, 405 I, 037 887 624 : 1. 075 1, 382 1, 141 B75 80·1 Shlpments ______l\f ft. h. m __ , fit32 1 837 915 I, 121 I "''O 1, 786 1, 472 I, 853 1 1. 223 1,2'17 1, 506 1, 942 ' 1, 363 Stocks, end of month ______l\1 ft. b. m.. 12,880 ! 12,279 12, GOG • 12, 745 ' 12: 825 13, 176 13, 926 14,543 ' 15; 837 15,990 15, 893 16, 2H5 17 <1')6 Unfilled orders, end of month_ III ft. b. rn .. j I, 761 j 1, 680 1, U74 2,101 ~. 173 2, 934 2,821 2,981 ; 2, 918 3, 151 3, 279 3, 522 3: 3'i·l SOFT\VOOD I I California redwood: . New orders (con1{Hlted)~ _____ l\I ft. h. m __ , 17,555: li, 1::);3 Hi, 007 1 11, O""i\J 16, 383 ; 18, 636 15, 386 I 16, ,)76 19, 32i 19,220 22,480 2'1, 485 20. Cil5 Production (cornputed) ______l\I ft. h. nL.: 12,202 l:J, 616 J.l, 681 14,4:)6 I 15,931 H, 760 16,270 . H, 717 16, 429 17,616 18,761 21, 795 2:3,836 Shipments (computed) ______l\I ft. h. IlL.< 14,981 13,0/7 1.1. 020 15, 333 17, 055 15, 734 17, 323 18, 131 18, 253 21, fi68 21,898 24,852 za, 5b5 Unfilled orders, end of Iwmth ~ (computed) ______.\[ ft. h. m .. : 23,987 21, \}32 17, 138 21, 229 ' 20, 485 22,726 23, GI3 Douglas fir: Exports- 29,448 29, 549 ' 36, 711 38, 787 45, 308 53, 088 47, 766 69, 043 63, 159 15,211 1!. U51 ~l~~~~~~:::::::::::::::::~f n: ~: ~~::, iU~~ ~u~~ 20,737 19, 007 21, 874 18,020 25, 155 18, 186 35, 718 55, 586 37, 573 19, 961 14,\178 New orders ______l\f ft. b. m--i 112, 31i0 125,789 115, 046 135, 637 151, 305 158,915 188, 460 I 181, 297 191, 146 188, 907 224, 272 217, !09 1sv, 3.ii Price wholesale- i No.1 common .• dol!s. perM ft. b. m __ ; 10.25 11.40 11.09 11.23 11.21 11.27 10.97 ! 10.6-1 11.25 11.64 i 12.12 12.68 12.80 Flooring, 1 x 4 "B" ' nnd better, V. 1 G ______dolls. perM ft. h. m .. [ 22.49 23.51 24.35 2;). 63 25.48 25. zg I 25.76 23.98 28. 33 : 29.74 31.14 31. 05 Pro 1932 II 1931 Earlier data for items shown here may 1 ~----~------..,.------,.--- be found in the 1931 Annual Supple- I I' IN I I ' [ I I ' ment to the Sun>eu I F:~~u- January D'l:,c;rm- • ~~e~rn-; October seg!;m-' August July June May April : March F:~~u- FORES_T_P_R_O_D_U_C_T_S___ C_o_n_t_in_u_e_d __i ___ ----!----~---;------·- ---~------'------ Lumber-Continue•i i I. I I SOFTWOOD-Continue•! I I I I 1 Southern yellow pine: . I . Exports- 1 Lumber ______Mft.b.m .. j 20,039 16,457 25,793 18,425 20,895 18,936 21,956 29,925 I 30,278 34,067 32,544 22,478 21,309 Timber ______M ft. b. m .. 3,668 3,931 8,f>36 4,056 5,017 5,663 7,888 8, 745 12,535 5,827 10,256 6, 261 4, 935 Neworders ______Mft.b.m __ 1 119,329 105,553 72,751 111,307 134,757 138, _204 151, 4_84 146, 8.6o t40,3_22 157,920 169, 015 174,020 170,709 Price flooring ...... dolls. perM ft. b. m .. l______25.16 26.31 26.31 26.49 27 21 27 78 27 821 28 15 28.82 28.32 29.66 28.42 Price mdex ______rel. to 1926 .. ~·------58.3 58.31 58.7 60.31 61.4 61.7 G2.4 63.9 68.2 65.8 63.0 Production ______M ft. b. m.. 88,727 79,979 77,749 110,803 117,241 116,511 119,828 121,994 126,739 148,048 165,325 164,929 153,831 Shlpments ______M ft. b. m .. 117,478 99,001 73,059 108,668 [142,254 142,170 155,511 151,488 138,663 165,004 180,306 175, 742 163,926 Unfilled orders ______!\! ft. b.m .. , 73,773 60,837 50,925 62,013 58,464 74,235 82,551 83,013 83,475 83,958 104,307 121,401 106,932 1 1 107 141 109 112 135 141 112 66 Wcsff~ii~~t::~:::::::::::::~m: !t t ~==1::::::::: ::::::::J:::::::: :::::::::1::::::::: :::::::::[ m m m 122 125 120 107 Stocks, end of ~~:~:~~----mill. ft. b. m .. ------~~------~~------~------'------1 1, 225 I, 245 1, 230 1, 204 1, 196 1,174 1, 174 1 I II I ' Hottfl~~n;t;_e_~~~~:- ______no. of carloads .. ------1------J!------_[ __ ----- __ i------I------85 78 99 79 83 105 118 64 92 99 54 59 82 118 Purcha~es .... ~~~~;~~~~-no. of carloads .. ------~------l------~------: ______------ Household furniture and case goods. '1! I ' I Grand Rap1ds d1stnct- . : Cancellatwns ....percent neworders .. ______50 1 8.0 6.5 8.5 8.0 I 7. 0 6.51 4. 5 13.0 8.0 12.0 6. 0 New orders .....no. days' production .. ------16 . 11 1 15 i 14 16 15 13 1 27 9 13 14 13 Outstanding accounts, '1 I 1 end of month ...... no. days' sa'es .. ------32 31 I :J5 ' 38 3~ 36 32 32 31 33 34 35 1:1ant operations ... per c~nt full time .. ------68.0 I 56.5 72.0 i 83.0 72.0 73.0 80.0 74.0 70.0 67.0 64.0 63.0 Sh1pments .... no. days productwn .. ------11 11 12 [ 17 19 16 14 12 111 13 13 13 Unfilled orders, I 1 end of month.no. days' production .. ------17 12 I 13 i 11 15 20 22 23 11 15 15 17 Southeastern district- I I ~~8lli,~n~;;]c-rs:·.;-~~o~lsm~~iJler firm .• ------23,519 35,388 64,122 66,042 59,233 55,063 1 43,077 46,431 52,390 62,382 50,858 I 1 1 47,997 ! 56,865 19,338 28,248 29,798 34,160 steel rurn~il,i-e- --(fie,:ufig~} ~t'e~l ;g:~~~~------~--- 14,469 16, 268 22, 100 12, 18o 47, 706 ------I tured products.) Wh1\~~~~~-~~~:~,~~------rel.to1926...... 70.3 73.1 73.1 73.1 80.4 82.9 85.2 I 85.2 86.8 90.7 90.7 90.7 Dining-room chairs, sets of six. rei. to 1926 .. ------~ 91. 0 91. 0 91. 0 91. 0 92. 1 92. 1 92.1 1 n.o 94.0 94.0 94.0 94.0 Kitehencabinets ______rel.to1926 ...... 95.3, 100.1 100.1 100.1 100.1 102.9 102.9: 102.9 102.9 102.9 102.9 102.9 Living-room davenports ...... rel. to 1926 .. ------74.2 74.2 82.0 82.0 84.2 88.2 88.6 : 89.8 89.8 93.2 93.2 92.3 LEATHERANDLEATHERPRODUCTS I Pric<'S, wholesalP, composite ...... rel. to 1926 .. ------~ 79.3 79.8 81.6 82.5 85.0 88.7 89.4 ' 88.0 87. G 87.5 87.61 86.9 l'rodudion index (Fed. Res. Bd.) rei. to 1923-25 .. ------ 2 84 2 75 2 88 2108 2 113 : 2 97 : 2 95 2 99 2 100 2 96 l'roduetion index (elec. energy consumed) 67.6 i 85.4 83.9 11.2 I 76. 1 rei. to 1923-25.. 90. 6 1 79.2 75.2 81.8 81.9 77.1 83.8 81.0 Stoeks, end of mnnth ...... rel. to 1923-25.. 83.21 85.4 82.2 80.4 80.1 77.4 77.6 78.2 79.5 80.3 81.2 82. 1 2 86. 41, Hidt-s lmports- I Calf,kins __ . ______tho us. of lbs .. 1, 107 1, 202 1 2, 739 2,327 3,164 3, 265 5, 058 ' 6, 211 3, 646 4, 512 3, 337 1,818 1, 339 Cattle hides ______------thous. of lbs .. 7,115 5, 209 4,261 9,473 10,846 11,934 11,870 . 9, 313 7, 528 6,812 4,404 4,149 Goatskins ______thous. of lbs .. 3, 632 4, 399 3,879 4, 783 5, 533 6, 858 7, 556 I 7, G86 (1,321 8, 274 6, HiO r.: ~~~ I 3, 991 Sheepskins ______------tho us. oflbs .. 2, 697 3, 7.55 3, 481 2,333 4, 4721 3, 360 3,368 i 3, 472 3, 313 3,091 4, 453 3, 280 2,890 Total, hides and 'kins .. _... thous. oflbs .. 17,159 18,015 16,712 20,492 25, 856 27, 445 29,513 i 28,332 26,053 24, 437 19,616 19,468 13,417 Inspected slaughter of livestoek: Canada~ 11 Cattle and calws .. thous. of animals.. G2 651 66 75 80 I 80 78 77 92 103 101 85 58 Swine ...... thous. of animals.. 240 2n,4 [ 247 259 247 204 162 148 164 158 172 154 161 Sheep and lambs ... tho us. of animals.. 35 48 55 98 193 117 81 71 56 23 27 32 32 United States- I Cattle ______thous. of animals .. ______653 686 614 781 687 727 I 706 667 704 690 635 559 Calvcs ______thous. of animals .. ------347 388 355 407 393 357 356 417 425 471 416 353 Swine ...... thous. of animals .. ______5,0~7 5, 387 4, 218 3, 772 2, 955 2,500 2, 767 3, 251 3,408 3,488 3, 523 4,142 Prices: Shcep...... thous. of animals .. ______1,619 j 1, 581 1, 505 I, 804 1, 667 1,5U8 : 1, 491 1, 516 1, 444 1,493 1, 324 1,223 Packers, heavy, native steers (Chicago) 1 ______------... dolls. per lb.. . 066 . 076 : . 078 .082 .077 .090 .113 : .120 .100 . 085 .092 .090 . 073 Calfskins, No. I, country (Chicago) 1 . 085 . o83 I . 098 .129 : .139 .129 .129 .135 .128 .117 Stocks:cli(i()c'D.~~nii1:------dolls. per lb.. . 065 . 074 II . 078 I 1 Calf and kipskins ...... thous. oflbs .. ______29,313 1 29,562 27,089 26,977 27, 4li> 28,325 29,033 26,027 24,150 23,662 23,132 24,104 Cattle hides ... ------_ .thous. of lbs __ .______, 245,477 237, 186 221,891 217,394 221,343 212,299 206,317 209,697 216,400 220,846 223,182 225,315 ~heep and lamb skins ...... thous. of lbs .. ___ ------1 34,158 1 33,720 33, G59 33,152 34,649 35, 37G 35,223 34,034 35,026 32,926 34, 168 33,172 Total hides and ::;------thous. oflbs .. ,...... l308,948 il300,4681 282,639 277,523 283,405 276,000 270,573 269, 758 275,576 277,434 280,482 282,591 .Sole and belting: ~ i Exports (sole only) ______thous. oflbs .. ' 188 213 il 280 309 531 546 459 652 983 1,143 1,442 949 713 Price, oak, scoured backs (Boston) ! : ______dolls. per lb .. ' .33 .32 i . 32 . 32 .35 . 39 . 40 .37 .37 .37 .37 . 37 .37 Production- ' 1 ~ok only .. thous. of backs, bends, sides .. ------977 ill, 011 J,ooa I, 127 1,088 I, 160 1, 097 1,076 1, 0341 1,137 984 951 Sol<' and belting ...... thous. oflbs __ •______15,151 : 17,111 17,053 19,531 18, 7fi5 19, 837 19,281 19, 522 18,388 20,406 18,219 17,386 Stoe~s, end of month- ; i F mtshNI.. ____ ------...... thous. cf lbs ...... __ 88, 761 88, 358 86,348 83,463 80,773 81,319 81,906 85,626 85,848 87,196 88,044 90,321 InprocPssoftanning...... thous.oflbs .. ' ... _____ 63,7701 66.244 68,705 69,850 fl9, 172 68,931 67,212 67,070 67, 938 ! 68,933 71,122 72,488 'Revised. 34 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS-Continued 1932 i.l 1931 Earlier data for items shou:n llere ntay I----,------c----,------;-----,------,-----,------,------;----,------;--- 1 1 be found in the 1931 Annual Supple- I I J I I ment to the Survey Febru- January-'I' I' Decem-! Kovem- October ISeptem- IAugust ' July I June 1' May April I March Fcbru· ary ber I ber I ber • 1 , ary LEATHER AND LEATHER PROD· --~--~--~~--~---,~--~~--~--~·--~----~-- :~--- UCTS-Continue Upper leather: ' I II Exports ...... thous. of sq. ft.. 8, 094 6, 550 II 6, 418 1 9, 718 7, 92H I 6, 529 6, 635 7, 463 9, 234 9, 211 8, 752 0, 347 7, 700 Prire, eomposit.e, chrome, ralf, black" B" grade...... dolls. per sq. ft.. .2il .298 .320 .323 .330 .337 .348 .350 .352 .356 .356 .3f>2 .354 Production ...... •..thous.ofsq.ft...... 50,120 49,405 48,2ti2 60,682 6f.,543 69,626 67,234 63,229 60,542 62,536 61,515 54,706 Stocks- I Finished ...... •.. thous. of sq. ft.. ______2tll,588 270,673 272.328 267,705 254,306 250,478 246.424 250,612 254,142 257,195 261,057 264,392 In process of tanning ..thous. of sq. ft ...... 120, 178 116,212 115,028 116, 578 126, 146 131,095 128,425 126,684 124,330 125,722 127,867 128,967 1 Manufaetures jll i Olovesandmittenscut...... dozenpairs ...... l112,004 j 129,1\691243,948 233,39! 226,7541223,837 164,205 182,077 JiJ, 968 I J9J, J20 175,988 ' 158,485 Shoes: q I Exports ...... thous. of pairs.. 71 58 'I' 113 136 136 I 142 132 140 167 194 I 111 i 185 ! 130 0 ! Pric~e~·~ ~T:~~e-;,;lf blucher I' I (Boston) ...... dolls. per pair .. l 5. 75 5. 751. 6. 25 6. 31 6. 55 6. 75 6. 75 J 6. 75 6. 75 6. 75 6. 75 ! n. 75 : 6. iS Men's dress well tanned calf, oxford (St. Louis) ...... dolls. per pair..------4.251! 4.351 4.35 4.35 4. 35 4.35 4. 35 4.49 4. 60 4. 60 ' 4. (;0 ' 4. 60 Women's black kid, McKay . I I I sewed ______dolls. per pair..! 3.00 3.00 I 3.00 3.15 3.15 3.15 3.15 3.15 3.25 3.25 3.25 3. 25 Pro'!r~ct~?~-::-: ______thous. ofprs .. ______20,960 19,556 18,518 25,381 31,293 33,475 28,614 27,839 28,452 29,888 29,364 ' 23,971 Men's ...... thous. of prs--1------5,112 5, 354 5,107 6,129 7, 423 '8, 246 7,349 7,244 2 6, 736 6, 641 6 254 , 5,687 Boys'andyouths' ...... thous.ofprs .. , ______1,377 1,485 1,449 1,776 1, 991 2, 078 1, 739 1,605 1,647 1, 768 1' 604 I 2 1,437 Women's ...... thous. of prs .. ------8,1121 5,419 3, 864 8,133 11,883 13, 103 10,400 9, 596 10,058 11,042 n: sss I 9, G44 Misses' and children's .. thous. of prs...... 2,842 2,579 1,854 2,105 2, 785 3,140 2,846 2, 835 3,128 3,846 3, 712 : 2,983 Slippers, all types ...... thous. of prs...... 1, 101 2, 642 4, 317 4, 717 4, Iii 3, 931 3, 431 2. 974 2,812 2, 454 2, 045 : I, 370 All other footwear __ ....thous. of prs .. ------2, 417 • 2, 07i I 1, 927 2, 521 3, 040 2, 978 2,849 3, 585 4, 072 4,137 3, 811 ' 2, 849 IRON AND STEEL II I New orders ...... rel. to 1923-25 .. ------1' 35. (; 36. 1 42.9 56.o I 46.8 56.2 59.0 83.6 74. 5 ;.n. 9 Production index (Fed. Res. Bd.) ! ------·------rei. to 1923-25.. 41 '43 :1 '51 2 45 2 45 i '50 58 2 60 ~7~: I t iO 2 7;_) : 73 Production index (elect. energy ~ . i· consumed) ______...... rei. to 1923-25.. 78. 2 •7. 6 ;I 70.0 77.0 76.3 78.3 78.0 83.1 86.6 106.8 108.1 119.4 !ln. 5 Stocks, manufactured goods, end i ofmonth ...... rel. to 1923-25.. 117.8 '118.8 :i 127.5 123.4 125.3 123.3 128.7 130.1 136. f\ 138.9 142.8 145.7 i 139.7 Unfilled orders, end of month .. rel. to 1923-25 ...... ______;, 46. o 49.2 52.4 53.0 53.4 57.6 C0.3 62.4 67.4 C9. 6 68.6 Ore II Irond'~i:~umption ...... thons. oflong tons.. 1,159 I, 154 11 1, 230 1, 311 I, 451 I, 652 1,832 2,114 2, 675 2,826 , 2, 835 . 2, 368 Imports ...... thous. of long tons.. 771 89 90 94 70 I, 47099 I 92 128 122 194 163 169 i 95 Receipts- · 1 Lake Erie ports and II furnaces ...... thons. oflong tons.. 0 , 0 il 0 457 2. 029 2, 873 3, 229 3,191 2, 369 599 9 0• 0 Other ports ______thous. of long tons.. 0 0 :j o 277 1, 162 I, 440 1, 658 1, 735 I, 428 656 106 0~ 0 Shipments from mines II ...... thons. of long tons.. 0 0 11 0 421 3, 094 4, 179 5, 065 4, 956 3, 808 I, 769 176 0 0 Stocks end of month- 1.1 '1 At fnrnaces ...... thous. of long tons...... ______,; ____ ..... 33, 184 33, 687 31, 998 29,385 26,451 23,556 21,968 23,292 25,751 2S, 247 On Lake Erie docks II i ______thons. oflongtons.. 5, 767 5,810 'i 5,874 I 6,048 6,080 5,974 5, 686 5, 366 5, 157 5,147 5, 430 5 7('5 6, 011 TotaL ...... thous. of long tons.. ------______;; ______, 39,232 39,767 37,972 35,071 31,817 :18,713 27, 115 28, 722 31:516 ' 34,258 1\Ianganest~ore: I 1! i Imports ...... thous. oflong tons .. J' 31 17 !i 8 ' 21 27 38 37 33 10 21 I Iron-Crude I i! 'I I Gray-iron ca:stings: I 11 Prodnctwn ______av. tons per foundry .. ! 71 70 11 77 96 Ill 99 101 1081' 126 122 122 I 108 691 134 I New bnsiness ______av. tons per foundry .. ! 69 66 [, 581 55 86 82 79 92 82 105 123 107 l:nfilled orders _____ av. tons per foundry__ 55 56 ·I 40' 48 67 68 70 70 60 77 93 98 I 84 Material received ... av. tons per foundry__ 82 103 • 72 I 87 116 137 123 117 123 134 140 136 ' 118 Material on hand ... av. tons per foundr> _ 240 248 I 215 225 243 260 231 226 229 232 252 261 . 268 Malleable castings: I1 New orders ...... short tons.. 19,607 '22, 036 'II 19,811 18.971 18, 558 17, 854 18,705 19,667 n, 495 28, 716 36,507 as, ogs i 33.042 Operating activities ... per ct. of capa<·ity _ 23 0 2 23.51 21.5 18.3 20.4 18.6 18.9 20.0 24. 5 32. 1 36.3 35.9 1 34.4 Production ______short tons.. 21,479 2 22.216 21,503 17,984 20, 444 ' 18, 485 18,821 20,223 24, 248 I 31, 964 36,682 35, 758 ! 34,076 Shipments ...... short tons _ 21,222 '2 21,572 20,206 18,336 17, 802 18, 727 20,904 23,985 ~18, 602 36, 957 38,342 37,092 ! 33,124 Pig-iron production: I Canada...... thous. oflong tons .. ' ...... ------14 141 12 18 23 40 56 51 54 57 46 297 371 336 410 404 356 317 tr;{t~as~~~~~~i~c~~g~~: g; Jg~~ ~g~~:: -----964------973-~-----iiso· --Tio:it-·1;173- ---i;ieii· 1, 281 I, 463 1, 639 1,994 2,020 2 03~ 1. 707 Umted States, totaL ...... rel. to 1923--25.. 32.3 32. 6 32. 8 36. 9 39. 3 39. I 42.9 49.0 54.9 66.7 67.6 6s. o . 57. I Pig-iron furnaces in blast, end of month: 1 Furnaces, end of month ...... numbcr.. 65 61 1 56 67 70 73 76 82 91 105 113 116 108 Capacity,endofmonthJongtonsperday __ 33,280 30,630 I' 29,365 35,810 36,530 38,600 39,085 45,230 50,855 61,085 66,980 67,880 ! fil. 850 Prices, wholesale: ! Basic (valley furnace) .. dolls, per long ton.. 14.63 Iii. 00 '[1 15.00 15.00 15. 25 15.50 15.50 15.50 15.50 16. 25 16. 50 16.50 w. 75 Composite pig-iron .... dolls. per long ton.. 15.36 1.1. 55 ; 15.86 16.02 16.23 16.32 16.38 16.38 16.40 16.64 16. 75 16.72 ' 16.82 Foundry, No. 2, northern I : (Plttsburgh) ...... dolls. per long ton.-; 17.02 17.36 1 17. 461 17.76 18.39 18. 76 18.76 18.76 18.76 IS. 76 18.76 18.26 IS. 51 1 I Iron-Manufactured Products I! I !j i Cast-iron boilers: I Gas-fire 1932 1931 Earlier data for items shown here may II~----,----,-----,-----,----,-----.-----,--- be found in the 1931 Annual Supple- I 1 I I I ------~------,------ment to the Sun·eg F~~~u- ~~::~~~.~ D'bceerm- Nb~~~~ Octobe~ seg!;m·,-August' July Juno May April __ ~~re~ ~~. F~~~u- IRON AND STEEL-Continued 1 Iron-Manufactured Products-Contd. 1 I l Cast-iron boilcrs-Continne Steel-Manufactured Products 1. J Furniture, steel· Business group- i I New orders .. ______thous. of dolls __ l 743 967 911 910 I, 114 1, 059 I, 010 1,002 I, 272 I, 306 1,424 1, 487 1, 478 Shipmcnts ______thous. of dolls __ , 801 977 1, 075 956 1,078 I, 188 1, 057 1,074 I, 221 1, 305 1,480 1, 522 1, 563 Unfilled orders, cr,d of 1 ~ montb ______thous. of dolls .. v 46 605 615 780 826 790 919 I 966 948 897 896 952 986 Shelving- 212 267 New ordcrs ______thous. of dolls__ 1 295 267 304 304 307 328 452 506 408 456 402 Shipments ______thous. oldolls .. l 229 269 299 226 310 310 358 371 449 409 423 481 382 Unfilled orders, end of J month ______thous. of dolls .. 255 272 419 378 383 390 441 483 480 383 398 424 Iron, steel, and heavy hardware, I1 Ir~~l~"nci·s-te Earlier data for items shown here may --~fl_~: ___ J------~---~- ______1!!~----~-,------,----.,---~~-,--~- be found in the 1931 Annual Supple- F b I II D IN I S t I I I I Febru ment to the Survey ~r~u- January jl _~~erm-~ ~~m- October _ ege~m- August --~u~- 1_~~:- _May Apr~- I March ary IRON AND STEEL-Continued I I ! 1 : ! 1 1 1 1 Steel-Manufactured Products-Contd. ' : j I I i Steel bars, cold finished, shipments.short tons .. ______: 15,459 ;,113, 808 12, 1~2 : 13,034 II, 576 12,600 14,413 , Ill, 360 22, 7681 25, 141 i 25, OIJ 21,727 Steel boilers, new orders: 1 Area ______thous. of sq. ft.. 245 · 2117 , 2 383 2 401 2 435 2 659 2 560 2 652 I '642 '564 '786 2583 Quantity______number.. 204 282 1 2 399 2 4il 2 644 2 864 2 797 '786 : 2 788 2 624 2 655 '482 Steel plate, fabricated, new orders: [ TotaL ______short tons.. 17,475 17,fil3 16,~~ 2 18,2fJ8 20,839 33,473 24,282 27, 261 22,806 26,210 29,916 31,056 24,438 1 Oil storage tanks ______short tons.. 4, IJ5 4, 78:l I 1 18 I, 755 I, 955 4, 024 I, 138 4, 136 i 4, 679 2,411 7, 749 2,538 3, 585 structural steel, fabricated: New orders- Computed totaL ______shorttom .. 62,400 248,400 97,600 90, 800 ' 109, 200 194, 400 124, 000 159, 600 1172, 400 !52, 400 284, 800 178, 800 158,800 Per cent of capacity ______per cent.. 15.6 2 12.1 24.4 22. 7 27. 3 48. 6 31. 0 39. 9 43. 1 38. 1 ' 71. 2 44. 7 39.7 Shipments Computed totaL ...... short tons .. 78, 400 2 6.1, 600 122, 800 lll, BOO 143,600 149, 200 167, 600 180,800 159, 200 145, 200 158,800 149,200 159,600 Per cent of capacity ______per cent__ 19.6 ' 2 16.4 30. 7 27.9 35.9 37. 3 2 41. 9 2 45. 2 2 39. 8 36.3 '39. 7 2 37,3 2 39.9 Track work, production .. ______.short tons .. 2, 765 ; 2, 936 I 2,:373 I, 948 2,162 3, 472 3, 924 4, 409 5, 705 7,453 8, 564 8, 944 6, 321 Enameled Ware Baths: I I 13,686 24,445 35, 703 33, 578 35, 463 46, 704 ·13, 228 42, 991 40,111 33,196 28, 0!1 ~h\;r::~~i~~:::::::::::::::::~~: ~~ ~i~~~~== ::::::::::::::::::I 15, 793 25,473 36,022 34,980 37 633 47, 922 43,584 45,512 40,449 34,938 30,616 Stocks, end of month ...... no. of pieces .. ______------1 129, 726 126, 718 131,858 134, 392 139:496 138, 759 H5, 140 152, 206 163,037 166, 158 160, 851 Unfilled orders, end of , month ______no. of pieces .. ______I 8, 866 10,97:1 12,001 12,320 13,722 15,892 17, 110 17, 466 19,987 20,325 22, 067 Lavatories: . I 30,269 43,238 41,489 43, 521 53, 226 49, 18! 51, 395 45, 440 33,851 30,883 ~hi~r::~~1~~-_::::::::::::::::~~: ~f ~l~~~~== ::::::::: :::::::::1 :~: ~:~ 30, R44 44, 9fl3 43,372 45, 262 53, 585 50, 575 54, 520 43, 221 36, 642 34,438 Sin:s~ocks, end of month ...... no. of pieces .. ______162,033 161, 911 169, 509 176,825 190, 226 192, 552 209, 84! 218, 067 232, 277 230,817 212, 395 1 34, 997 44,287 43,518 43, 174 51,341 49, 928 54, 693 52, 771 41, 532 35, 873 ~hi;r::~~i~~:::::::::::::::::~~: gf ~;::~~~:: ::::::::: ::::::::: i ~~: h~~ 34, lfi:l 4fJ, 437 43,070 44, 907 52, 9fi3 51, 676 56,845 49, 443 41, 787 39, 211 Stocks, end of month ______no. of pieces ______------1 212,825 212. 783 224, 726 226,440 236,005 245,354 2b5, 269 260, 426 273, 1541267, 828 259,442 Miscellaneous sanitary ware: I New orders ______no. of pieces .. ------8, 959 17,418 26, 8541 21,911 27,324 27, 106 ~~i, 4t)3 21, 243 22, 995 !8, fA! 15,781 Shipments ______no. of pieces .. ______------10, 770 17, 718 26,175 22. 231 28,073 29,082 :~6. 453 24,490 21, 719 18, 811 17,768 Stocks, end of month ...... no. of pieces .. ------______I 82,487 83,492 86,401 86,640 I 86,455 94,260 (18, 384 101, 673 1107, 917 109, 508 107, 439 Small ware (except baths): j r Unfilled orders, end of · month ______no. of pieces __ ------1 29,481 36,465 36,506 39,102 I 41,457 45,680 49, 637 51,769 60,293 53,470 56,686 Porcelain enameled fiat ware: New orders- I 'l'otaL ______dollars .. ------537,926 451,740 465,431 706,284 701,487 564,093 649,894 637,688 716,502 670, 171 707,480 623, 973 Signs ______dollars______234, 015 224, 2R7 159, !07 206,012 213,856 170,313 245,943 249,455 283,526 242,938 264.769 263,677 Table tops ______dollars .. ------97,390 83,056 110, 96~ 205,756 175,642 128,350 168,362 132,869 148,700 161, 172 173,064 122, 836 All other ______dollars .. ______206,521 144,392 195,361 294,516 311,989 265,430 235,589 255,364 284,276 266,061 269,647 237,460 Shipments- TotaL ... ______._ .... dollars .. ______381,607 512,019 492,242 692,415 704,428 638, 43! 690,801 706,838 739,656 691, 107 738,358 628,969 Signs ______.dollars .. ______141,231 268, 259 168, 489 182, 077 222, 332 229, 459 278, 732 290, 032 290, 429 256, 906 293, 356 270,886 Table tops ______dollars .. ------94,926 88, 218 123,793 201,935 180,6.70 131,675 163,979 140,545 151,647 160,892 174,347 120,623 All other ______dollars ______145,450 155, 542 199,960 308,403 301,446 277, 297 248, 090 276, 261 297, 580 273, 309 270, 655 237,460 Plumbers' Woodwork New orders, nct.______no. of piecf's __ ------84,514 99,791 100, 194 100,275 110,372 ! 106,928 101,784 122,642 13.), 674 118,510 130,89.5 98,869 Shipments ______no. of pieces .. ------93,431 100,536 100,708 111,422 106, 466 118, 358 I 108, 525 126,368 125,652 127,055 ll7, 445 119, 725 Stock, finished, end of month ...no. of pieces .. ______167,562 201.839 190,034 191,933 199, 308 203, 2\3 21\,622 200, 227 211,972 204, 586 213, 574 215.628 Unfilled orders, end of month ... no. of pieces .. ______79,233 88,150 88,895 89,409 100, 556 96, 650 I 08, 080 Ill, 821 119,578 109,556 118, 101 104, 651 Bathroom Accessories Total: Production ______no. of piecf's __ ------46,311 2 64,968 121.490 154,106 160,401 163,462 147,999 203,283 189,979 181,955 173,588 12\, !i46 Shipments ______no. of pieces .. ______64,972 ' '64, 403 104,849 166, 839 153, 126 144,466 162,497 19:1,246 192,848 177,051 166,084 122, 74.5 Stocks, end of month ______no. of pieces .. ______643,139 . 661.800 645,909 629, 268 648, 161 640, 886 621, 890 636, 388 625, 351 628, 220 623, 316 615,812 Shipbuilding Rate of activity (elec. energy 1 consumed) ______rel. to 1923-25 .. 99.2 93.2 94.6 95.0 84.5 88.9 85.6 82.0 84.8 89.7 92.5 98.3 114.8 Building or under contract, end of month- Merchant vessels _____ thous. of gross tons .. ------252 249 279 288 294 299 326 359 397 409 412 370 I Com.fJ~!r~-~~~:~~-~~~!~~------gross tons..[ 3, 703 2, 913 23, 0-55 23, 229 4, 261 27,906 11, 554 30,471 22,647 34,527 13,766 17,443 25, 622 Steel, scagoing ______gross tons .. , 2, 610 1, .594 19, 549 19, 402 1. 201 I 25, 002 7,1.50 25,363 1tl, 964 I 28,613 I 4, 985 13, 976 9, 703 Dlachinery j : Total exports ______thous. of dolls .. 13,800 I ! 11' 400 17.700 15,700 20. 200 : 24, 700 20, 400 22, 700 28,300 1 26, 600 31, 100 29, 400 '43, 900 Air conditioning eqmpment: I I New ordcrs- I T~taL __ ------... thous. of dolls .. ------753 '1, 108 2 I, 387 2 !, .)76 2 I, 516 2 !, 449 'I, 796 2 I, 622 2 l, 738 2 !, 495 2 1, 367 2 1, 240 Air washer group ...... thous. of dolls .. ______30 2 15 2 85 '98 2 81 2 87 '104 '139 '215 2 90 '112 '73 Fan gronp __ . ______thous. of dolls .. , ______361 2 514 I 2 642 2 630 i 2 620 2 621 '889 2 852 2 831 2 830 '779 2 629 Unit heater group _____ thous. of dolls .. !______._ 363 2 519 2 660 2 848 I 2 814 '740 '803 '631 '693 '574 2 477 '537 Electric hoists: I New orders- Quantity______no. of hoists .. ~ 143 82 140 104 165 132 203 192 220 293 276 21\1 205 Value ... _. ___ . ______... dollars .. I 53,188 32,921 59, 907 ' 48, 243 71,451 63,032 85, 526 90, 964 JJXI, 245 142, 692 125, 550 117,216 113, 862 Shipments .... ___ .. ------__ dollars . .! 58,011 36,332 48, 045 65, 714 62,493 81,465 73, 163 142, 143 12~·. 189 115,809 !OJ, 746 134,995 112, 363 Electric overhead cranes: I New orders ______thous. of dolls __ , 56 65 70 44 73 84 91 160 26! 307 274 671 268 Shipments .. ----_------. thous. of dolls .. i 57 40 138 ' 102 !57 235 345 435 410 310 416 261 530 Unfilled orders, end of , month ______thous. of dolls .. I 396 383 372 435 497 58! 736 990 I, 264 1, 413 1, 420 1, 552 1, 207 Foundry equipment: j Ne.w orders ______reJ. to 1922-24 .. 32.9 20.5 26.3 17.2 45.9 31.9 !fl. 9 1 38.7 40.9 54. 1 57.7 174.4 54.7 Shipments ______..... rei. to 1922-24 .. , 15.7 28.8 24.9 32.9 26.2 29.6 37.4 55.7 90.4 118.6 69.7 72.9 55.4 rnftllcd orders, end of I ' month ______.rel. to 1922-24 .. 1 41.3 29.1 36.5 ' 40.8 56.8 35.6 32.1 51.8 70.1 : 123.8 180.1 314. 6 93.5 'ReYiscd. April, 1932 SURVEY OF CURRENT BUSINESS 37 MONTHLY BUSINESS STATISTICS-Continued 1932 1931 Earlier data for items shown here may be found in the 19.11 Annual Supple- --b--~ ment to the Survey Fe ru· January Dece;;;-:----1N~em- -1O-ctober rSeptemTAugust ~-~1J;;:-~1,- May -April I March ~ Febru:- ary - ber ber ' ber 1 1 1 ary ------~--~~--- ~ ----: -----~---, •.. -- -,------IRON AND STEEL-Continued Machinerr-Continued 1 i I I ! I Machine tools: New orders ______rel. to 1922-24 __ 38 59 68 M % w n ml u ~ ~ 118 84 Shipments ______rel. to 1922-24 .. 44 47 57 w M w ool n1 % w m 92 73 Unfilled orders, end of month ______rel. to 1922-24 .. 97 108 104 97 ~ m m ~~ m m m 225 204 Oil burners: New orders ______no. of burners __ ------3, 570 2 3, 566 5, 852 13,542 12,329 10,621 8, 010 1 6 046 5, 132 5, .128 4, 836 3, (i99 Shipments. ______no. of burners .. ------3,643 3, 804 6, 413 14, 234 12, 536 10, o:J5 i, 491 ! 6: 044 5, 562 5, 248 4, 406 3, 531 Stocks, end of month ______no. of burners .. ______9,574 2 9,190 8,860 8, 326 9, 748 10, 155 10, 113 1 9, 1n s, 553 10,036 8, 603 8, 645 Unfilled orders, end of month. ______no. of burners __ ------305 , 378 616 1, lii 'r 1, 86\1 2, 076 1, 490 ! 971 969 1, 399 I 1, 119 689 Patents granted: Agricultural implements. ______number __ 60 51 75 79 M' m M ~1' rn oo ~ 67 44 Internal-combustion engines __ .. number __ ,)7 52 72 44 ~~ w 00 WI ~ ~ ~ 68 76 Total, all classes ______number __ 3, 963 3, 913 5,303 4, IG3 4, 074 i 4, 750 4, ObS 3, 91J2 I 5, 270 4, 270 4, 167 4, 709 3, 715 Pulverized-fuel equipment: I New orders, central system- I Furnaces and kilns.no. of pulverizers__ o 0 0 0 0 ' 0 1 o! 0 0 0 0 2 Water-tube boilers.no. of pulverizers .. 0 0 0 0 1 0 0 0 0 2 2 1 New orders, unit system- oi Fire-tube boilers ____ no. of pulverizers __ ! 0 1 0 1 0 2! 4 ,) 4 3 1 2 3 Furnaces and kilns.no. of pulverizers__ 0 '1 2 2 0 o: 1 1 3 1 1 2 0 Water-tube boilers. no. of pulverizers .. ! 12 7 2 5 1' 3 11 14: 0 9 13 2 Pumps (water): I Domestic shipments-- Pitcher, hand, and wind- mill ______no.ofunits .. 18,090 '22,554 2]9,458 '17,703 '22,926 225 984 229 G19 235,260 'l 33,574 : 2 26,772 ' 29 !53 2 29, 752 '39, 700 Power, horizontal type __ no. of units__ 446 I 343 2 376 '8tH 2 1, 057 2 1:084 i 'z; 224 2 2, 331 2 2, 25il I 2 2, 154 2 2; 163 2 1, 783 2._1,5{)4 Stea:N~J:~~,Y~;.:_n_~_c_e_~~r:i~~f;~~- of dolls__ 508 i 449 561 475 5G3 599 : i/.1 874 875 : 921 1, 075 950 765 Shipments ______thous. ofdolls __ 426 1 390 700 627 696: 88fi' 800 944 1, 028 1, 037 918 1,036 873 Unfilled orders, end of I rnonth ______thous.ofdolls__ 1,802 1,726 1,680 1,852 2,023 i 2,161 II: 2,449 2, 441 2,471 i 2, 605 2, 762 2,616 2, i17 Pumps (gasoline and other): Shipments- 1 I Gasoline-- . 1 ! 1 I Handoperated ______umts __ , ______l 2,101 '2,203 '2,280 23,3C6; 22,810' 23,3781 '4,428 2 4, 927 2 6, 593 Power operated ______umts.-1------4, 274 23,893 '4, 311 2 5, 627 1 '4, 939 , 2 6, 252 '7, 644 2 9, 880 2 13, 295 Other- 1 1 Hand operated ______nnits .. ______, 17,849 , '19; I7o '24, 051 2 27,639 I' 22,579 I' 27,217 2 44,015 2 46,239 2 47,130 ------Poweroperate Raw Materials 1 ! 1' I 1 : I Babbitt metal consumption: I 'I' ' I ! Direct by producers ______thous. of lbs.. 4341 463 I 577 I 607 552 I 497 404 511 702 731 716 832 ~7 Saletoconsumers ______thous.oflbs .. 1,143 1,28111 '1,0471 '1,2il9 '1,4f>6i 21,326 I '1,347 2 1,393 21,M6 'I, 646 2 I, 797 2 I, 779 '1, 778 1 Total apparent ______thous. of lbs.. 1, 577 1, 744 I' 2 1, 624 , 2 1, 8461 '2, 018 I' 2],823 j 21,751 '1, 905 2 2, 278 2 2,377 2 2,513 2 2,611 2 2,465 Copper: 'I i Exports, reflned ______short tons.. 17,572 16,831 ! 13,599 15,215 11,429 17,201 19,271 22,381 24,179 1 I 23,244 22,951 31,536 28,947 Domestrc shrpments, refined ..short tons .. ------'~------'------·------1 1 40,459 45,816 4:l,l44 W,217 45,265 54,567 74,~5 60,636 Price, wholesale, electrolytic I ,i 1 'I I (N. Y.). ______doll,. per lb.. .0597 .0706 i_' .0658 i .0056 .0678 1 .0699 .0729 .0770 .0803 . 0867 .0939 .0985 .0972 Production- 11 1 • 1 2 67 68 69 70 76 ~~~s_c_~~~~- ~-~s~-~-~-}~~~~~:~o~~ r~~~:: ::::::: ~: 1 :::~:~:::!!::::: :::: :_:::::::::: ~::::::: 38, o~~ 38, 9gE 38, 2~§ 44,473 45,580 46,452 48,702 47,504 98,275 102,695 lOO,Wl 102,058 99,853 :1*~~~~~-::~~;=~==~~:~:::~gg~llg~~:: :::~:::::1::::::::: 1:::::::::!:::~:::::1::::::~~=1 ~~: b?~ ~~; 1~~ ~~: ~g~ 51.652 53, 734 52,085 57,922 55,229 Stocks (N. and S. America), I •_'I I I I end of month- , ; 1 190,578 193,876 198,811 203,224 1 3H8, 667 367,921 3M,205 363,629 i~g~ir_=_=_:_=_=_=_~_~_=_=_=-~-=-~~i:~~gilJ~~:: ::::::::r::::::J::::::::i::::::::r:::::::: ~~~~~z !;~~~~~ !r~§ifr :!~ihi~i 852.2 325.0 312.9 321.2 r ______· World production, blister. ....short tons .. ______, ______., ______J ______; 120,689 121,655 121,504 126,722 130,486 128,877 136,958 128,685 Lead: i ' 1, i Ore shipments- Joplin district. ______short tons __ , ____ . ____ II______'I 1, 278 I 1, 401 1, 524 I 2, 911 3,064 2,290 1,432 1. 881 I, 995 3, 762 2,508 25,305 27, 7]) 31.577 28.806 41,576 34,816 35,498 46,902 Pro~tc"t?.;;:-r Earlier data for items shown here may I----,----1932 I' ----~----1931 - __ 1 be found in the 1931 Annual Supple- F b u I D 1 I S t m I I Febru t t th 81 rveu e r - I Januarv ecem- I''"ovem-1 October ep e - August Jul'' June l\Iav April March men o e ' ary , • ber ber : ber 1 '1 • 1 · ary ~ONF~;-;~~~-;~TA~~AND-;~~D-[1-----I---~.~---,----~ ------~--~----~ ------UCTS-Continued ' i Raw Materials-Continued I ~~~.·~ ',II Tin: ' 2 , ., :,• I Deliveries (consumption) ______long tons__ 2,825 I 3 " 50 3,380 3,5.50 1 5,3851 5,015 .5, 270 5,100 5,185 5. 505 6, 630 6, 120 .5, 100 Imports (bars, blocks, etc)--_ .. long tons__ 2, 254 2, 412 1 2, 130 5, 301 1'. 5, 607 4, 882 5, 249 5, 587 4, 698 5, 483 6,126 6, 986 5, 903 Price, wbolesale, Straits (I:\ew 1 York) ______dolls. perlb__ .2~03 .2184 i .2135 .2281 1 .2276 i .2468 • 2575 . 2502 . 2341 . 2320 . 2512 • 2707 . 2631 Stocks, end of month- I i I I United States ______long tons__ 4,578 5,3421 6.254 7,4.>8! G, 773 5,8nS 6,213 ,o,838 1 5, 633 ! 5, 698 5, 212 7, 917 5, 862 I World visible supply ______long tons__ 51,300 50,043 1 51,313 50,583 50,602 II 50,722 50,987 51,707 · 51,626 ' 51,231 48,462 48, 507 49,339 Zinc: I I ! Ore, Joplin district- ' , 1' Shipments ______shorttons--,------1 16,228 14,854 !,· 19,416 17,113 20,243 12,059 14,3951 22,470 27,2511 17,163 25,389 Stocks, mines, end of month • i ! 1 ______short tons__ ------1------~ 83,000 85,610:------1 81,190 79,533 76,566 70,935 65,480 61,110 63,001 1 58,534 1 P'{:;;'~i~!)a_b:_~~:'.':~-~~~~~~~-~~~-olls per lb__ . 0282 \ . 0301 ! . 0315 . 0321 I .0338 -0374 . 0382 . 0389 . 0342 . 0331 . 0372 . 0100 . 0401 Production ______short tons__ 21,516 i 22, 5W ·.•1 21,965 20,526 . 2.1, 6i4 21,356 21,467 21,365 23,483 : 25,688 29, 137 32, 328 29,562 Retorts in operation, end of month. ! ______number__ 21,752 22,044 d 19,875 19,428 I 21,374 1 20,417 19,305 19,266 i 19,022: 20,624 26,672 31,821 33,118 Stocks,endofmonth ______sbmttons .. !29,506; 129,880 •i 129,825 130,b65 ~~.· l:J0,66fi 130,155 129,701 131,833 138,928 i 143,049 143,212 111,493, !44,389 i 1 Manufactured Products i\ 1 1 Electrical equipment: 1 ' I Delinquent accounts, electrical trade I ' , I ~ 1' (See under Distribution moven•ent) I 1 _ 1 Electnc fUrnaces, new ordets __ .kilowatts__ 1, 982 3, 6!0 I, 277 ____1,_5--13--:. -- _1_,_s_6_2__ l., 1,, 23 1 3, 975 1, 956 ' 1, 732 2, 680 1, '91 [ Electric goods, new orders r I ~ r: v i I t (qum tetly) ------____ tho us. of dolls_- ______, ______' 1.>1,586 157 301 . ------,'.' 224,348 .'------_.: ______J 182,486 Eleetncal porcelain, shipments- I ' 1 Olazednailknobs ___ thous. of pieces __ ------: 830! 631 1,276 i 1,844 2,038 1,643 1,482 i 1,263 1 2.061: 2,144 1,458 i SpeciaL ______dollars __ l------1 44,699 38,748 63,044: 8•1,617 82,4&'\ 74,183 66,906 1 <7,194' 78,983: 76,313 78,716 Standard ______dollars .. ______25,332 i 19,483 29,447 ! 40, 171 42, g~?, 38,303 33,042 · 41,331 57,462 1 52,009 52,599 1 1 'l'ubes ______t 11ous. of pteces __ 1------475 II 424 509 1 I, 000 ow 971 516 .192 I, 309 : 890 783 Unglazed nail knobs_ thous. of pieees .. l ______l 444 564 987 ' I, 973 1, 095 . 901 562 1 929 2, 323 1, 281 1, 224 Industrial reflectors, sales_- ______units __ ! 38,748 . 46,261 I 45,000 43,287 : 59, 103 54, 691 56,735 61,794 1, 66, 188 :. 67,256 72,003 69,484 Laminated phenolic products, I I 1 shipments ______thous. of dolls__ 363' 413 I 436 '430 '570 '639' 2 632 '619 '633 1 '707 '626 689 Manufactured mica- I ij ., .," i i Shipments ______thous. of dolls__ 86 ' 9~ ,, 73 , v 79 103 92 3 81 1 128 135 1!2 137 Unfilled orders, end of month I i :I 1 ______thous. of dolls__ 75 : 73 : 69 81 73 81 87 100 97 119 138 110 141 Motors (direct current)- I 1 I ' ~illings (sbipments) ______doll:rrs __ ------, 231,826, 1 4!4,642 276,005! 387,770 365,930, 365,877 360,444 450,165 455,:325 473,767 445,833 418,228 Neworders ______dollars ... ______l 150,148 1354,236 248,265! 311,793 413,864 299,081 377,129 402,130 440,476 5:36,272 396,958 450, 204 Nonmetallic conduits, ship- I rl' I I 1,831 2, 258 1, 384 1, 782 : ments ______thous. of feet__ 1 1 2,005 3, 356 : 4, 487 2, 777 4, 091 5,112 3, 508 3, 667 Panelboards and cabinets, 1 i sl!ipments ______thous. of dolls ... ______211 ' 248 245 i 333 326 ! 367 336 ' 338 339 ' 324 345 373 Power cables, shipments __ .thous. of feet__~------'. 537 ' 743 973 ' 1, 137 806 840 800 1,106 I, 303 , 1, 619 1, 630 1, 326 Power switching equipment, new orders- I 'ill Indoor ______dollars .. , 30,854 · 28,777 39,191 : 37,547 40,586 48, 707 47, 041 52, 697 73, 567 i Ill, 875 75, 303 61, 736 Outdoor ______, ______dollars __ ! 85,660 116,112 323,412: 244,122 188,043 175,629 360, 325 240, 081 208, 713 216, 145 269,425 201,344 Vacuum cleaners, shtpmcnts ______umt;:; __ !______67,643 ' 59,074 47, 142 37,952 35, 447 43, 011 70, 303 ; 79, 527 82, 279 71,551 \'ulcanized fiber- 1 1 I Consumption ______thous. oflbs .. , 1,269, 872 1,003 'I 1,057: 1,3\18 1, 407 1, 345 1, 783 1, 624 1 541 ' 1, 475 1, 975 I, 652 Shipments, totaL _____ thous. of dolls .. I 301 ' 270 246 l 262 313 332 : 348 344 402 '419 ' 432 484 426 Welding sets, new orders- I Multiple operations ______units .. : 0 21 0 0 0. 0 0 2 8 11 4 Single operation ______units .. j 88 83 122 i 89 108 115 80 120 134 169 177 136 Miscellaneous products: 1 Brass sheets ______rel. to 1926 __ 1------70.1 I 68.2 68.3 79.7 80.9 82.5 81.8 86.8. 00.4 91.4 89.7 Copper-wire cloth- ! ' New orders ______thous. of sq. ft .. I 304 ' 34o I 366 I 308 339 326 328 275 275 299 357 309 Make and hold orders, 1 • I end of month. ______thous. of sq. fL. 1 595 571 ! 592 583 ; 522 509 ' 504 546 514 554 557 530 1 560 Production ______thous. of sq. ft__l 366 204 'I 357 312 i 338 333 ' 330 302 ' 253 256 340 330 297 Shipments ______thous. of sq. ft._l 288 289 285 254: 312 :316' 330 324 ' 274 277 297 308 : 304 Stocks, end of month_ thous. of sq. ft .. ! 965 880 1, 031 953 910 911 I 889 898! ll:J4 1,073 ' 1,096 1, 079 ' I, 08:l U nfiiled orders, end ! ! of month ______thous. of sq. ft__: 165 164 1 114 ! 160 i 129 135 ' 134 158 145 302 174 : 186 : 21l Ena!"cled sheet-metal ware, . I I 1· shtpmcnts ______dozen pieces __ , ______198, 6271·,. 233,267 , 197,080 : 255,782 307,068 ' 251, 544 246,858 232, 672 264,953 281,339 312,916 ' 289, 205 Pails and tubs, galvanized- 'I Pr?duction ______dozen pieces______87,0:16 1 72,558! 67, 145 : 98, 310 110, 253 ' 134, 003 10:1, 34.1 92,460 121, 413 143, 258 147,278 ' 132,781 Shipments ______.dozen pieces __ •. ______88, 382 1 63,163 72, 011 I 88, 270 120,851 120, 693 114, 134 00,747 122, 072 ' 140, 080 144, 052 i 120, 723 Other galvanized ware- i 1 Pr?duction ______dozen pieces __ !------35,283 !1 11,758 15, 760 26, 626 :j? 2"6 ! 34, 709 26, 970 26,304 28, 300 i 34, 929 31,542 ! 34,347 30,4-10 ~~ 9,•106 Shipments ______dozen jHeecs __ , ______16, 087 i 27, 792 36: 007 ' 32, 764 ' 27, 334 28, 724 34, 188 ' 42, 287 29, 57~ 28, 142 i i PAPER AND PAPER PRODUCTS I 1 ~ i ~ew orders ______rel. to 1923-25 __ j______81.2 1 6i. 7 79.0 91.0 96.7 ' 90.5 ; 93.2 00.7 102.7 ' 101.3 99.3' 96.7 Production index (Fed. Res. i 1 25 97 2 97 i '100 104i 105 109 2 t07 2 111 : '109 110 '109 rr~~Jciioo-index- 1932 1 9 Earlier data for items shown here may ~----,----;-----,-----,----,--_a_l be found in the 19.11 Annual Supple- i F.ebr_u. ,! D. ccem_-_~~ovem- I~ t 1 ~- -~ --~--- I April J\larch Febru ment to the Survev 1 ary Januar) , ber I ber ~ctob~~~~ ~eg(\~-~-A_u_g_u_s_t !_J_u_lY_, -=-~:..i May ary PAPimANDPAPERPRODUCTS-Con.-~------1------, ! ! I I I I Wood Pulp-Continued I i I 1 I SodConsumption and shipments.. short tons--1------1 22,086 1 18,088 1v, 876 1 21,558 ~m i~~~~m ~~ nm n~ 27,884 Production ______short tons .. ------______22,682 19, 336 21,226 I 21,528 ~~.~~~~~1 n~ 28@ ~~ 29,422 Stocks, end of month ______short tons.. : ______------~'[1 4,124 4, 516 4, 058 I 3, 598 4, 620 i 4, 502 4, 660 4, 480 4: 414 ' 4, 998 4,624 Sulpl~ite, unhl~ached: . I • 1 Consumptwn and sh1pments.. short tons .. . ______------~ 17,274 19, 178 21,170 16,698 ~~~~~~~~m ~~ ~m ~~ 20,554 Imports______short tons.. 1 71,970 8t, 421 I 46,789 67,062 53,014 49,314 50,271 Price ______dolls. per 100 lbs. .l______1. 58 11 1. 81 2.15 2.15 2.15 49 ~~g 52 ~~; 52 ~ ~ 34 ~~ 30 ~~ 3v~~ 2. 48 2 2 1 2 1 2 2 Productwn ______short tons __ j ______------II 16,978 18,380 19,814 19,800 ~m ~~~~m ~~ ~~ ~m 19,384 Stocks, end of month ______short tons .. !______------, 7,480 6, 583 5, 724 6, 388 5, 0521 5, 578 I 5, 500 4, 256 3, 936 4, 316 4,320 Sulphite, bleached: i 1! I Consumption and shipments.. short tons __ ~------: 32,636 32,522 37, 090 35, 784 ~m ~m~~~ ~~ ~m ~~ 43,090 Imports:------______short tons__ 34,400 30,689 [•1 25, 288 35,726 29, 169 34, 943 29,510 I 23, 109 'I 29,558 28,614 30,511 32,863 25,592 Prodnctwn ______short tons ______------. 31.874 33,436 37,080 36, 232 ~m ~m ~~ ~m ~m ~~ 40,462 Stocks, end of month ______short tons __ 1 ______------~,_ 6, 308 I 7, 070 6, 1561 6, 166 5, 718 I 5, 800 I 5, 986 5, 018 4, 196 5, 376 5,320 Total sulphite: 1, Consumption and shipments .. short tons .. ------______,; 97,580 102,622 112, 224 105, 666 108,9241105, 294 i 111, 282 110, 722 115,960 115, 794 117, 122 l,'roduction ______short tons .. 1------:~· 97,148 103,616 109, 894 109, 558 107, 430 I 101, 6641115, 200 110,840 115,974 115, 022 112,552 Stocks, end of month ______short tons .. ------! 27,610 26,852 24, 198 25,836 ~m 1 ~u ~~ ~- ~m ~~ 19,770 Sulpl~ate: . . 1 Consumptwn and sh1pments.. short tons .. ------1 28,956 33,828 37,174 35,202 35,880 Production ______short tons .. ______! ___ ------il ~~~~wJ~g ~~ ~~ ~~ 31,276 36,624 39,004 36,866 ~~~~m~~~ ~m ~m ~~ 38, 104 Stocks, end of month ______short tons .. ------1------i~ 4,348 4,144 3, 848 4,604 5, 384 I 6, 050 7, 524 9, 076 9, 594 10, 152 10,092 Other grades: I ' : sonsumption and shipments.. short tons __ l______------: 804 844 1, 168 986 1, 016 1 roductwn ______short tons .. ______, 920 754 1, 0781 778 1, 072 844 1, 184 768 1, 062 942 ~ 1.m m ru ~ ~oo 1,098 Stocks, end of month ______short tons .. ------______, 352 236 312 418 462 326 202 206 764 710 706 Total chemical (all gralles): 'I1 Consumption. ______short tons .. ------______I 149,426 155,382 170,442 163,412 170,586 168,030 175,460 177,344 183,298 178,652 181,902 Prolluction ______short tons .. ------1 152,026 160,344 171, 186 168,894 172,350 172,4561181,756 180,454 186, 266 182,056 : 181, 176 ~tocks, end of month ______short tons .. ------![ 36,434 35,748 32,416 34, 456 ~m ~~ ~~ ~~ ~~ ~~~ 35, 192 'I I I Box boarll: Paper II ! Consumption of waste paper __ short tons .. ------177,961 i! 146,368 '172, 830 209,903 205,084 200,138 213,686 I 208,513 227,125 206,571 210,590 191,331 New orders. ___ ------______short tons.. 193,311 'I' 138, 042 '181, 500 218,527 235,382 215,752 221,048 1 223,990 236,173 224,021 222.511 198,296 Operation ______thous. of inch hours .. ------6, 378 ! 2 5, 802 '6, 637 7, 840 7, 946 7, 685 8,1141 8,200 8,727 7,903 8,175 7, 345 Operation ______p. ct. of capacity-- 5, 6~~ 1, , 2 4• 9. 8 '6L 7 64.8 70.9 65.9 ~6 m3 ns ~8 m1 71.2 Production ______short tons.. 185 0"" 163 539 '186, 776 218, 157 221,684 213,614 222, 9271224, 110 232,020 230,537 226, 011 205,785 Shipments ______short tons .. ------187,807 '!'164, 630 '179, 932 218,489 221, 261 218,244 221, 980 223, 328 231, 746 227,806 224,023 203,202 Stocks, end of month ______short tons.. 82,289 12 85,001 '86, 092 79,248 79,580 79, 157 83, 787 82, 840 82, 058 81. 784 79, 053 77,065 Stocks of waste paper, end of month- I' In transit and unshipped purchases ______short tons .. ------30,53711 28,192 42,181 35,05.5 45,386 47,549 47,0521 50,558 39, 209 25, 021) 51, 301 35,229 At mills ______short tons .. ------167,422 1'172,761 2 158,674 151,658 149,029 148,042 16(i, 006 169,570 182,812 167,478 167,846 191,507 Unfilled orders, end of montlL.short tons __ ------41,8491 2 30,345 2 62,933 61,365 61,327 47,206 49, (;gg 50,630 49, 9(;8 45, 541 49,326 50,838 Newsprint: -~ Consumption by publishers, ~- United States .. ______short tons .. 142,883 151,181 160, H6 174,092 173,852 152.422 146,249 157,119 161,2G5 179,836 174,325' 17fJ,340 150,403 Exports, Canada ______short tons __ 142,445 172,914lll61,835 171,151 171,031 161,171 160,175 157,205 189, 739 185, 432 152, 360 200, 545 144,236 Imports, United States ______short tons __ 127,089 166,516 168,087 176, 228 180,230 159,946 157, 037 173,457 188,919 192,688 175,242 1C9, 345 148,388 I)ricc, roll, dcsttnatwn, I N.Y. basis...... dolls. per short tons__ 53.00 53 00 I 57.00 57.00 57. oo I 57. oo 57.00 57.00 57.00 57.00 57.00 57.00 57.00 Production- I' Canada_------______short tons.. 158, 543 171,321 '11165, 173 175,643 184, 252 I 178, 412 165, 124 182,731 193,971 202,607 205,838 187,005 164,552 United States, totaL ...... short tons__ 87,157 94,247 93,8l\1 94,149 97, 1g 91, 2i~ 88, 344 99, 548 101,086 101,202 102,450 100,590 88,788 Per cent of capaclty ______per cent .. ------______63 66 1 59 67 68 69 70 68 65 Shipments- I1 Canada. ______short tons __ 150,951 171,8431165,017 173,601 191,725 178, 181 162,303 175,350 194, 144 202,280 20.5, 752 187, 730 162,350 United States ______short tons .. 86,638 94,550 1 93,550 93,723 98,616 90,303 89,047 97, 225 100,087 102,555 101,819 101,044 90,901 Stocks, end of month- I At mills- i Canada. ______short tons__ 61, 195 53,683 II 54,214 48,735 42,963 50,451 49,128 47,288 39, 832 39, 962 39,754 39,850 42,259 UnitedStates ______shorttons __ 32,925 32,406 i 32,709 32,398 31,953 33,517 32,607 33,616 33, 906 32, 956 34,289 32,2.54 33,627 At publishers, U. 8 ____ ..short tons .. 191,666 192,817 '_ , 195,505 187,839 190,367 197,716 202,121 203,944 189,990 178,333 185, 51)0 190,728 211,142 In transit to publishers, 1 United Statcs .. ______short tons __ 38,913 37,612; 40,495 42,406 38,022 31,379 30,879 44, 859 ; 45, 352 44,011 39,486 1 34,566 39,041 Other paper: 1, I Binders' board, production ____ short tons ______1 1 1,301 1,320 1,224 !,51l0: 1,695 2,069 1, 535 1, 48() 1,809 1, 401 1, 543 Book paper: [ 1 1 Prod~ction ______:------short tons .. ------~------~~ 103,509 95,576 102, Ill 98,563 , 106,439 106,015 113,022 117,609 117,374 117,964 114,306 Per cent of capaclty ______per cent..------______, 69 67 66 69 71 71 77 78 79 80 85 Shipments ______short tons .. ------'------~~ 105,660 103,588 105,379 101,323 104,097 107,075 111,327 113,140 !l8, 782 119,026 117,849 S!ocks, end of month ______short tons .. ------, 85,115 87,477 ,i 8.5, 594 89,440 92,681 89,984 90,985 92,464 87,395 89,088 90,353 New orders- : Coated ... p. ct. of normal production __ ------~!------56 57 53 58 52 70 76 64 76 Unf~~do~;d~rf.'e';~t~tr';,"o'::r~~ouuctwn .. ------______T ______------i 57 59 61 60 65 67 68 74 70 6 5 7 6 8 g~~~~~eL::::::::~~~~: ~~~~~~l/g~:: :::::::::1::::::::1:::::::: :::::::::' ~ ~ 5 6 6 6 6 l<'ine paper: I :: ; Production ______shorttons .. ------1' 24,239 24,116' 27,793 26,443 26,3861 26,408 29,364 30,793 32,451 35, 141 32, 534 Pe~ cent of capacity ______per cent.. ______------~! 48 50 i 56 55 55 55 59 64 67 74 73 Sh!pments ______short tons .. ------1 24,021 24,526 29,071 27,606 27,441 27,728 28,395 31,501 33, 100 33, 981 32,339 Stocks, end of month ______short tons .. ------1' 54,211 53,996 54,398 57,489 58,658 59,723 62,725 61, 758 62,459 62,905 61,340 Wrapping paper: , 1 Pproduction ______short tons .. ------1 58,207 '62, 772 73,3~ 7 72,107 78,360 78, 074 78, 174 78,377 79,261 75,404 72,281 er cent of capacity ______per cent .. ------1 65 77 1 9 81 90 88 87 88 91 85 88 Shipments ______short tons __ ------' 60,768 '64, 592 72,027 69,151 76,479 78, 777 76, 845 76,888 80,371 76,083 71,920 Stocks, end of month ______short tons .. ------1 76,928 '79,477 81,318 80,021 77,047 75, 146 ' 76, 051 78,107 76, 582 77, 718 78,404 All other grades: 1 Production ______short tons .. ------~ 65, 558 ' 68, 123 77, 934 77,505 78,271 74, 728 ' 75,655 78, 509 80, 983 74,123 70,054 Shipments ______short tons __ ------63, 693 ' 66, 542 : 80, 425 79,574 81,315 74,062 I 75,895 83,882 ' 81,268 74, 186 69,735 Stocks, end of month ______short tons .. ------70, 060 67, 465 ' 64, 500 66,020 68,192 70, 755 69, li4 68, 734 I 71,545 69,510 67,618 2 Revised. 40 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS-Continued Earlier data lor items shozrn here may - 193~--11 . . ---- . 1931 be found in the 1931 Annual Supple ment to the Survey Febru-~ January ,,Decem- '.Novem- October I_ Septem-' !l.ugust I July I Ju e ::IIay I April I! :<\farch i Febru- ary ' il her 1 ber , her : · n l ! ary ------~~------:------~·--r--- r------PAPER AND PAPER PRODUCTS-Con. I il : I I Paper-Continued I 'I I, i I Total paper (including newsprint and box ' i! , 1 board): I• Production ______shorttons ______li 503,789 · 526,944 596,459 587,5431591,414 607,700 621,411 638, 510 643,056 629, 233 583, 'i4b Per cent of capacity ______pcr cent. ______------11 .19 , 65 67 70 67 70 71 72 74 73 71 Shipments ______short tons .. ------\ 506,410 fl 527,205 604,007 589,218 596,623 606,847 1)15, 877 639, 712 643, 146 628,343 585,946 Stocks, end ofmonth ______short tons .. ______------li 405,942 408,035 397,011 406,067 408,345 413,011 ·115, 681 416,077 414,054 410, 558 408,407 Paper Products II i1 1 Abrasive paper and cloth: 1 I Shipments- I, Domestic ______rcams .. 46,700' 46,061 3.',433' 38,272 53,348 53,373 54,721 51,948 54,431 :1 1 62,268 65,452 64,910 i 56. ro4 Foreign ______reams__ 5,323 5,365 i 6,376 i 5,323 6,942 6,5521 7,119 7,832 8,705 8,218 9, 525 8,261 1 9, s2s I Paper-board shipping boxes: 'I Operating time- 74 67 if 59 70 81 82 80 78 ~ 0{~uJ!bted ______p. ci. 0 norma]-- 68 56 il 54 fl7 66 71 68 68 ~: 84 81 79 78 01 1 er______p, c. o inorma__ I' 65 67 62 61 TotaL ______p, ct. of normaL. 73 64 _. 58 67 77 79 . 77 76 79 79 78 75 74 Production- •1 1 1 Corrugated ______thous.ofsq. ft ... 374,636 34!,994fi 286,897 346,527 4:18,296 448.9101449,285 402,031 416,282 417,407 401,874 391,043 382, 30.5 Solidfiher ______thous.ofsq.fL 84,800 81,377 • 7!\,543 82,788 101,997 ~Q~,740 j 1?6,800 90,582 99,754 100,301 102, 609 93, 875 91, 9(i6 TotaL ______thous. of sq. ft._ 4_5_9_,_4_3_u__ l_4_2_u_,_a_"_ll__ li: 366,4_4 ~ 429,315 540,293 Do2,6~0 , 5v6,0~ s 497,613 516,036 517,708 504, 483 I 484, ra8 474~ 271 Rope paper sacks, shipments .. rel. to 1921-22._ 1 v 64 69 • 5 u 7 65 44 5.5 60 65 11 ! ~~~ I Blank forms, new orders. ______thous. of sets__ 48,751 51, r,r,o I, 44,919 1 48,309 iii, 819 47, 3;il 45, 45S 50,357 el8, 322 5:1.266 48, 877 i <'2, 887 48, i5I Book production: I New books ______no. of titles._ 639 ii41 ' 656 724 1,070 73,\ 770 568 58U 708 746 fi78 New cditions ______no. of titles.. 118 121 142 103 157 147 194 150 117 178 g~g i 107 136 Printing activity ______rcl. to 1923. ------82 83 79 83 76 77 84 9G 97 98 f6 Sales books: Neworders ______thous.ofhooks_ 8,1i54 9,261 8,096 9.974 10,663 10,27:i 1 !O,f>ll 10,321 10,514 11, f,87 10, 2R4 II, 204 ! 10,0:'4 Shiprnents ______thous. of books. 8,456 9,201 9,313 9,.\46 10,664 ll,24l 1 10,t0l 9,997 10,382 10, 585 11,079 10.669 I 10, (\D2 11 RUBBER. AND RUBBER PRODUCTS 1 Production index (Fed. Res. I' ~~ Bd.),autotircsandtubes ...rel.tol923-25______92 6H 71 74 "9 90i 112 126 123 107 98 1 94 Production index (elect. energy I ' . consumed) ______rel. to 1923--20__ 1~.~-- o I 10·1. 0 79.2 I 93.5 82.8 88.0 . 98. 5 I 97.4 121.0 122.3 109.0 ll2. 9 2 Stocks, end of month ______rcl. to 1\123··25__ "" 8 GO. 9 96.2 'I 93.2 96.4 94.3 j 102.4 \ 112.8 , :12l. 0 120.6 118. 1 i~~: ~ I 113.0 Crude Rubber I I ' I I i : Consumption, quarterly: 1 1 TotaL ------long tons __ ------'60, 393 ~.------~a 76,941 ------~------;. 3 99,135 3 3 1 ------::::::=::i: ~~: ~~~ 1:::~:=::: Imp~;{s w~~Judlng -liitex)----~~~~~~~~l~~~ ~~~~:: --28~298- --:i:i;552- ~~: m!,--45;io:i- --4i;:iiis- ~~: ~~~ ~--:iii; o:i:i" --44;o5z·l. : ~~:: ~~~ 35,844 44, 9081 40, 78& 1 34, 374 Prices, wholesale, smoked sheets, 1 I ! New York ______dolls. per lb__ . 039 . 044 . 046 1 • 046 . 050 1 • 050 . 0541 . 063 i . 063 . 064 . 064 ' . 077 : . 076 i Stoc.t~o~~~~-t~~~~~~-~~-:~~~~~r~ __ Jong tons __ ------a 39,605 !______1 '46, 770 j ______, ______i 3 52,658 Dealers ______long tons ______------3 67, 7CO 1------a 43, 525~------:------3 43, ill :::~::::: :::::::=:!: :~:m ::::::::: ~~~l:~~~~Y!~[';;-ii ShipD:,~~~tlc ______thousandsJ ______I 2, 5451 2,171 2, 223 3, 034 3, 845 4, 244 4, 320 4,197 3,~04 3,143 2,5&0 Exports ______thousands __ l______; fiR r,f 87 111 123 125 137 13.\ 142 ' 1.1.1 142 Stocks,endofmonth ______thousands .. l------: 6,3~9 6,220 6,335 6,527 7,117 7,936 8,.l58 &, 2~0 8,025 ; 8,012 7,(i29 Solid and cu_shion tires: I 1 9 10 9 11 10 12 13 12 12 ; 11 mg~~~t.~------thousand~--~------: 111 11 9 10 10 13 12 15 15 14 14 15 12 ~~:~~~~=~======~~~~~~~a~::l:::::::::i 0 1 1 1 1 1 1 1 It I I 1 I Stocks, end of month. ______thousands .. l______--1 37 39 42: 43 46 51 55 .)7 61 64 69 73 Inner tn bes: 1 r~yg~~~~~-::.------thousands __ l_ ------~ 2, 719 2,078 1, 955 i 2,462 2, 7591' 3,548 3, 964 4, 286 4, 330 3, G93 3, f60 3,133 Dornestw. ______thousands __ ------~ 2, 761 2, 172 2, 022 2,187 3, 247 4,158 4,569 4, ~~28 4,135 3, 610 2, 922 2, t119 Exports ______thousands __ I_____ ---- B, g 41 .14 63 73 82 96 89 89 89 109 101 Stocks, end of month. ______thousands .. , ______1 6,338 6,496 6,657 6, 476 7, 019 7,672 8, 403 8, 439 8, 330 8, 3&0 i, 937 Raw material consumed: j Fabrics ______thous. of lbs._,______1 12, 15fl 7, 981 8, 361 9, 263 9, 585 11, 745 15, 140 17,085 18,010 15,244 14, 041 12,002 Crude rubber______thous. of lbs--1------__ 36, 8i0 25, 237 25,922 28,372 29,854 36,232 46,697 51,280 53,418 45,016 41,851 36, 6iJl 1 Miscellaneous Rubber Products I I Calendered rn b her clothing: I I ' 14,341 11 20,925 23,966 21, 5go 17,9321 21, 161 19,380 16, 846 19,380 16 361 ~:JJ~~~';;"n:::::::~~: ~g~~; =~a ;~~a~i~U::::~::::~::::::::: ~~: ~~1 23. 255 19, 773 22,728 27,080 14,431 15,419 18, 094 ' 16, 803 19,220 18:276 : ReYised. a Quarter ended in month indicated. :\pril 1932 SURVEY OF CURRENT BUSINESS 41 MONTHLY BUSINESS STATISTICS-Continued I 1932 Barlier data for items shou:n here may I! 1931 be found in the 1931 Annual Supple ~~~------~ r ~-----~-~-·-----.---.------,---~---.-----.------.-----.,--~ ment to the Surr-'eu Febru -F-~~~~u·)_Ja_n_u_ar~ )_D_b_":r:~l ~ob~~n- -~~~~~r ~eg!;m-~~--~u~ust ~~-J_u_IJ_'_I~~~ I-:11~"~--1-A-p_r_n_l_~arch ary RUBBER AND ~~~i~~e~ PRODUCTs- J ~ I 1 1 Miscellaneous Rubber Products-Con. I I I 1 :V!echanical rubber goods, shipments: i I 832 889 722 2,129 1,892 1, 611 1,656 1, 631 1,378 ¥i:~J;ii~~~~~~~~~~~~~~~~jg~~~ ~i~~m:~ ~~~~~~J~~:~~~~J Ji~ 2.~1 d~i t~i, tm i:i~ ti~ t~ 4,617 4, 412 3, 711 Rubber bands, shipments ______thous. oflbs .. ------: 206 I 231 197 225 201 195 246 209 215 259 231 222 Rubber flooring, shipments ... thous. of sq. ft .. ---·-----j'------1 587 462 550 595 595 577 576 569 569 496 366 Rubber and canvas footwear: . , 1 Tennis- ! 1 Production .... ------thous. of pairs __ ------1 2,4961 2,077 1,443 1, 231 1,012 1,021 836 I, 999 2,142 2, 591 2,609 2,492 f:lhipments, domestic .. thous. of pairs __ ------~ 2,353 I 616 446 589 I, 263 1, 223 I, 520 2, 657 3.316 4,049 3,107 2.688 Exports ______... thous. of pairs .. ------21 ~~ 118 29 44 721 29 125 100 121 150 236 200 tltocks ______.... thous. of pairs .. ------8,510 , 8,387 7,044 6, 076 5, 473 5, 704 5, 957 6, 766 7, 523 8, 833 10,328 11,047 Waterproof, total- . I Pr?ductwn ______.,thous. ofpa!rs __ ------1,061 II' 2,391 2, 773 3,131 2,922 2,361 I, 570 1, 922 1,261 1,102 874 958 Shipments, domestic ..thous. of pairs .. ------~ 1,610 I 3,438 3,186 4,318 4,185 2, 842 1, 510 I, 229 626 I, 070 944 1, 015 Exports ______thous. of pairs .. ______6 1 36 59 153 186 !51 117 108 50 72 sa 92 Stocks ______.thous. of pairs .. ------11,726 , 12,241 1 13, 323 13,804 15,141 16,366 16,978 li, 024 16,3.17 1,1, 733 15,803 16,030 Grand total- I II Production ______thous. of pairs .. ------~· 3,557 1 4,468 4, 217 4, 363 3, 934 3, 382 2,407 3, 921 3, 402 3, 693 3, 483 3,450 Shipments, domestic ..thous. of pa!~s--!------3,962 '1 4,054 3, 632 4, 907 5,448 4,065 3 030 :l, 886 3, 942 5,119 4,050 3, 704 Exports ______thous. of palls.-:------~ 27 154 88 197 258 180 • 242 208 171 222 288 292 Stocks. _____ . ______.thous. of pairs .. ]-______20,237 I 20,628 20,367 19,880 20,615 22,070 22,935 23,789 23,881 24,566 26,130 27,077 Rubber heels: ' ·1 11 Production. ______. __ thous. of pairs ..! 14,487 12,317 lr 14, 1:!8 11,455 14, 567 15, 827 16, 293 15, 361 17, 093 15,474 15,408 14,661 13,156 Shipments- . I , Exports ______thous. ofpa!rs--: 2~9~ 290 II 474 591 617 501 514 540 630 612 578 577 6.18 Repalrtrade ______thous.ofpairs __ , 4,515 3,431 4,622 4,537 5,924 6,994 fo,355 4,058 4,946 3, 975 4,038 4, 868 4,854 Shoe manufacturers ...thous. of Pa!rs .. l 8,748 8,705 i! 8,1~8 6, 610 7, 484 9, 724 11,653 11,177 10,522 9, 693 10,112 10,991 8,397 Stocks, end ofmonth ..... thous. of pairs ... 25,807 1______., 24,405 25,213 24,652 23,952 25,832 27,006 27,898 28,491 27,764 26,708 29,335 Hubber-proof~d fabrics, production: i 1 !I Auto fabncs ______tbons. ofyds .. ______, ______, 380 394 445 528 596 531 701 982 710 738 644 Raincoatfabrics ______thous.ofyds------1------11 931 1,267 2,476 2,988 2,226 1,843 1,355 1,066 I, 040 863 567 All other______.. thous. of yds .. ~------~------i. 763 868 1,191 I, 176 965 , 96~ 1,156 1,002 1, 271 I, 168 973 1 Ruh1',:;~a~oies:------tbous.ofyds.. ______: 2,074 2,529 4,112 4,692 3,787 3 33 1 3,212 3,0.10 3, 021 2, 769 2,184 1 Productlon ______thous. of pairs .. ' 3,461 1 3,411 : 3,639 2,840 2,610 2,880 2,933 2,864 a,177 1 2, 885 2, 692 2, 292 2, 724 1 Shipments- . I ' 1 Exports ______thous. of pairs.. 3 8 ' 25 ~ Face brick (average per plant): i I' [ Production ______thousands .. [ 166 1971' 292 325 422 434 425 540 540 549 533 395 338 Shipments ______thousands .. ; 156 149 I 222 318 479 454 477 521 574 569 579 t22 3611 Stocks, end of month* ______thousands .. r 3, 557 3, 561 :; 3, 514 3, 521 3, 516 3, 577 3, 602 3, 660 3, 652 3, 684 3, 6\)8 3, 734 3,83& 383 457 UI)filled ?rders, end of month. thousands .. ~ 450 [ 4521' 1 534 587 639 I 669 733 781 784 685 708 i ______thousands _ .I 2, 188 ,1 San~~~':I~~~~~k_: _!__ ___ ._ . 3,1!8 4, 239 6, 521 6, 943 5, 989 I 5, 518 6,664 5, 084 3, 999 4,869 4,140 Shipments by rai]______thousands __ i ______j 449 Ill 397 648 977 872 805 ' 529 494 1, 595 1,698 1,466 1, 493 Shipments by truck ______thousands .. [ ·------1 2,561 I 3, 630 4, 604 4, 657 4, 922 5, 506 I 5,424 5, 758 4,375 3, 330 3, 743 3, 306 Htocks, end of month. ______tbousands .. ------l 9, 067 i 8,,677 10,529 12,347 10,866 I 10,199 8, 975 1 10,698 10, 724 11,119 12,566 12, 545 t'nlilled orders, end of month.tbousands __ , ______, 8, 700 li 8, 745 10,485 11,437 11, 532 10,838 ' 10,710 9, 960 6, 513 5, 232 7,070 6, 720 Glass Containers I [ 1' I ' Net orders ______thous. of gross __ ~ 2, 354 [ 2, 9291·.: 1,659 I, 814 1, 779 1, 820 I, 859 2, 102 2, 465 2, 119 1, 952 2, 250 2 2 302 Shipments ______------thous. of gross .. : I, 764 i I, 743 I 1, 396 I, 537 1, 941 2,310 2, 213 2,180 2,491 2, 291 2, 479 2 1: 92f~ Stocks,endofmonth ______thous.ofgross._ 5,544l 5,697l, 5, 855 fi,872 5, 5, 930 1 709 5, 536 5,887 6, 086 i: 86~ 6, 078 5, 974 2 5, 948 Production: : TotaL ______thous. ofb'TOSs .. ' 1,548[ 1,6061! 1, 508 1, 692 2,128 1, 948 2, 239 2, 268 2, 565 2,481 2,404 2,166 2 1, 716 Per cent of capadty ______j 50.2 . 52.1 47.2 55 1 64.2 62.0 68.6 69.5 75.9 1 734 71.4 64.4 57.2 l'nfilled orders, end of month __ thous. of gross .. ! 6, 811 [ 6, 454 ri 6, 387 6, 745 6, 713 6,860 7,5tH 8, 268 8, 625 !l, 127 9, 785 10,340 2 10, 744 r !r New orde::~~-~~~~~~-~~-~~~sc:.a::capadty __ ------·----<:! 20.8 23.3 26.6 26.3 i 24.8 24.3 29.3 27.3 28.6 32. 4 27.0 Produ<·tion: I ' 'I 1, 774 I, 877 2, 276 ' I, 679 i 1, 607 I, 492 2,161 2, 037 2, 086 2,108 1, 818 23.7 250 30.4 22.4 21.4 19. u 28 8 27.2 27.8 28.1 24.2 Shiifn~~~fs~~ ~of~ ~~ra~~~Y~~~~~~:-ii::~:~::,:i~~~~:: i: ::::::::!:::::: ::: li 20.7 24.0 30.1 26.0 21.6 24.0 28.2 26.8 28.8 28.7 25.9 Stocks, end of month ___ no. of weeks' supply_-~------[------1 1 3.8 3. 6 3. 7 .9' .H 3. 9 4.1 4.1 4. 1 4.1 4. 2 llnfilled orders, end of q month ______no. of weeks' supplY--j------:------· . 7 . 8 . 2 i .2 . 8 .9 .s .8 .s . 7 Plate Glass i II 5, 500 II 6, 093 3, 694 4,812 4, 799 ' 6, 311 7, 216 'i, 554 9, 466 10,174 10,593 8,882 PJumhing Fixtures ,I I Porcelain: 'i N t d l f . I 424 2, 000 '1, 2 025 2,918 3,142 4, 740 4, 571 5, 796 6, 213 4,824 6,898 6 163 5, 570 S;ip:~~~[__ e~~--~=:=~~~~~~~b:~ ~f ~~~~!~~~~ 1:631 ; 2,951 ! 2:094 2, 5441 3, 683 4, 533 5, 761 5, 577 5, 237 4, 665 4, 093 4:178 3,699 tt~~itJ~de~~d~~s',"~~Jh Tnumher of pie 1939 II 1931 Earlier data for items shou·n here may "" __ jl July J:~e-f~~~-~- April ll\!arc~ I F~~~u IJ October 1 ---~e~~~~~~~i:vi::~.:~·~=~-~~~=~ :~J: ~~u':ar~v I~b~T~ l_:~~~n-~1 ~~~~E:I·-~ug~~~ ;---~- ---j---1 I I il ' I -----1 - 1 STONE, CLAY, AND GLASS-Contii•ucd 1 I II ! I I I I I I I II ' I i I I i I I ! Portland Cement 1 I :1 / · i 1 1 Per eent ofcapadty ______l IK 7' 22.0 \1 2<\.4 · 37.2[ 4i.4 [ 55.31 60.2 6'2. o l o5 .. 4 1 6~. 81 52. 1 36. 91 29.4 Price,, wholesale, composite ____ dolls. p~r h)bL.I 1.3~:3 I , !· 3_,?,\ j 1. 310 I. ~1,0 1 I. 318 1.. o3! 1 1. 331 t.331 1 1.364, 1.s9n t.4zz 1.477 1.543 Productwn. ______tJ10ns. o. btls .. 3,9d i -.,,G.o!, ;,,gH 8,,61 i 1~,. 7~21 12.092 1 13.549 1:J, S99 I 14, 1181' 14,010 245 s. 245 5, 920 v Ill, Shiprnents ______thous. <)fiJhls __ , 3.ll8, '3,o93 I! 4,142 7,156, 1 _ 3 0 13,\l71 \ Jh, 172 15,545 1 16, o77 14, 2oo 11, 184 7, 192 5, 074 Stoeks, end olmonth ______thous. of bhls .. l 2n. G31 I' 25.778 ii '24, 098 22,219 1 21, 218J 22, 7;;1; I 24, 31J 25, 934 I 27, 602 I 29, 554 29, 715 29, 67ti 28,612 Stoeks, clinker, en.l of month __ thous. of hhls __ l 9, 404 i '8, Jq 1: '7. o:J5 6. 215 i 6, 021 ; 5, 918 1 8, 468 10, 209 I 11, 837 ' 13, 087 I 13, SM 13. 318 1 !1, 946 Terra Cotta ·' ! 1 1 I I ! Terra cotta, ne\v orders: i i ! 1 Quantity ______ncttons .. 2.~~~ !,083 2,~~;: 1,2691 1.~~~! 1,:?.00 i 3,tl55 5, 117 4, 1so 1 2, 598 a. 13s I 3, 226 l I i 7, ~t~ Value ______thous. ofdolls .. .01 I l '::"5,~611 25,402 Gmmngs ______thous.ofbales .. ------~ 15,992, 15,358 15,023 12,130 5,408 n65 7 ------13,,56 •------Imports, unmanufactured ______bales.. 9,2<14 12,718 I 12,705 5,986l1 2,636 · 5,426 7,236 9,305 14,134 15,189 17,258 10,266' 11,165 1 Machinery, activity of spindles: I j 1 1 ActivJtyspindles ______thousands .. 25,190, 25,014 24,638 24,861 25,188 25,2'371 25,623 25,826 25,898 26,379 26,669 26,5 1932 Earlier data for items shown here mau I 1931 be found in the 1931 ,1nnual Supple j-- -~- - i Febru- Jnnuarv August ' July ment to the Surt'ey Septem-~ June May March J Febru \ ary " .~ ber . I i ary )- .. - r-- TEXTILES~Conti::Jtwd Cotton finlsbing-Continued \Yhite, dyed, and printe(l (outsiJe mil1~J: Billings, finished goods~-~--thous. of~ tb_ 55.412 44, -!07 -10, f.JO 4~J. :~-):! 4-L ~;-.;2 45, .-.3 i :51,577 52, fJ37 60,.190 61,,03 fiO, 106 :\ew order.~, gray yarJage __ tllous. of y•1::L 59, llH tJl, 52\-1 :);..;,:Wi i~: ~;f~ 1,-,, i:-2 -!( 372 ' 45, :tJ:~ ·ll, ll9 45, 937 50, 3\!4 .)7, ~72 07H l'ercentofeapaeity______pDrcenL.; .19 ·-tl -w. .\:j '~~ 4!J -i-"- 47 4."1 51 .52 fiX iin :--:hipments. finished gooi~S- __ . ____ .cases __ 31, 410 27. 4H5 ! ::t:. ~l! :27. '207 :!-!, M_.:{' :.!l,\)!C :27, 2'21 30,109 i 31, 17{) a.s, :~;).t :::u, .s::~a 1 1 ,-.:\(;~(~~t~~~~:~~ ~~~ ~-o-~t~~·- ~~ -<~_(•_r______.cases .. l 17, ~55 1s, ~07 20, 17;) [K :-.:<.7 l :-:, :~:1 I !7. ~li7 ll'-,P!I.-) Hi. j.(j--J- 1 1G.•!:1:l !7, !41 ! 1G, li77 17, G-tl "Cnfilled orders, end of month ______days. ·1 :!. 7 2.:2 1.() l.G !. .~ l.f 1. I l. f"t 1.. 5 L!J: 2. 7 '2. 7 Abrasi·:c cicth. (>)ee paper prc>ducts.l ·.~· ,, Cotton Goods . 11 Cotton doth: I 1\ Imports ______t.hou.s. of sq. yds __ j 3,V;'i~l 2,51:) !,0:21: ~ 2.. i::Jl l, !)j,-' 2, lb5 1, u-J:; , 4, ;):.!fi 3, g;l] :1, B20 2, SlO 2, .130 ?, 14:i Exports ______thoug, of sq. yds.-1 :30,S40 :!H,OOi' :1u, 7:W i 27,2:0 29, S!fi' ~:i, 5tl9 :10, 30~J 3-~'• :t;':! 34, :l7o 30,961 30, 776 :J3, 392 25, l:)R Cot! on textiles. • i I 'lew onlero ... ------thous. of ycis .. i 243, -572 a:l~. 010 ~IH, DJI; :22-1, 2()7 a:l:l. li7!> :!h7, 70'-' lCi, ,}fib . 15~. 3;1:~ :;;;,}, 902 160,029 137, 7-!U 295,:JM :nu.o91 Produetion ______thous. of yds--124,1,342! 2:12. ~07 25,LO~J2 2:li,-Wi 227, 11G ~72, llH : 209,030 . 192. !i-1.5 ' :.?00,16:) 22/'i, 392 22.0, 95.5 27!, 63'- 212, 16S :-:Jhipmcnts ______thous. of yds __ 2fi~. 744 1 2fi~,h9U ~a7.:<34 21:{, Kt'9 :!!H. :.?07 :a-"<:,04u 227,6-14 211' J:ll '>"3 X"l :zos. c;o:~ 217, 5"2 317, 1~5 24X.:l54 t'tocks, end of montlL_ .. __ t hous .of yds .. 239, 654 254. 05fi 2\liJ. :!18 l 273, :lclo 25:j, ;.-:{:) 244. H2-t :!50, E.~;) :!!HJ, 4.4~J . ~Ss: 235 301,943 282, i5-! ~n. 1s1 319,32~ U ntllled orders, E-nd of _ I _i month ______tl10us. of yds .. 377, 9~h :mJ, l;iO 3~:.!. 0;:{H 354, ~b~ 1 ~H. u:lu :!:?i, lUi ::!17, !)()i\ '[i7, 507 i :~30, 575 21::'-', 544 294, 118 373,%1 3U5, ~02 ElastiC' wehbing, shipments ___ thons. of dolls--l t·07 G51 d;) 9GU J.ll:ll . 96\1 ' l,OJ5i 1,018 1,124 1,199 1,:31):3 l, lbO Fabric for tire manufacture, 1 I c_on;:;umptiou ______tltous. of lbs __ 7. !1.'-a : l s, 3{i1 11,7-1.1 , 15, HO 17, 0~5 18,010 lii, 244 !4, 041 i 12,002 Pr~ees: 1 l(rin,tel.o,th64x60 .. "------dolb.perycLj .039 .03611 .o:H! - 03() Oil .ll.J3 .04\1 . 04R . 0.50 .053 . 055 . 0.13 Sheetm , bro\\n ______dol!s. pcr)cL. .04:3 .IH2 . .014 · 0 1 '047 . 0.50 . 052 . O!iU . 054 . Il5b . 059 -059 . C65 Cotton KOOds (Fairchild) .. rei. to 1VIl- 13 .. \ 86 1 -'51 S5 ~7 ~15 100 : ! 11 112 115 119 121 119 Cotton Yarn I Carded sales yarn: i I Product.ion ______.thous. oflhs .. J V,41\ 11,51>: 1 9,:Hu ll, 57--1 14,70:1 10, 85t> 10, 29:; 11, bOO ! 10,067 13,377 11,0&1 11, 5:)f, 10, \}6g Stor.ks,endofmonth ....•.. thous.of!bs .. 12,009 11,350 10,,:61 9,~3~ H, 461 9, 3~:! 10. oz3 w, 1~1 1 11, 1U5 11,212 12,240 12,537 13,420 11 1 'u~~- ~' "rd~r~:_e_~'~-~~~-'~_nt_~hons. ofll>s..l 32,030 :lJ, 791 31,006 ll2, \)43 31,351 32, 1'51 i 34,017 34,914 38,825 40.979 42, 407 Pnces: 1 . l'O 22i1 com's, Boston ______ciolls.perlb .. J ,, • 175 _lSI .1U2 . lou -215 . 223 .2:!1 . 239 40/ls southern spinning ...... dolls. per lb .. I . 285, . 290 . 295 . :Jl2 '315 '352 . 353 . 369 . :mo Floor Covering 1 , i 1 Felt base: I I! . ______. -~~- ______, _ Neworders •.•...•.•.... thous.olsq.yds __ (i, 432 : 0, 626 I 4, 810 13, 662 11,368 9, 215 Production ...... tbons.ofsq.yds .. ______, ____ : ______:·_ 7, 901 ~.~50 1 ti,463 R, 228 . 9, 012 ' 10, 389 fl, 960 6,400 6, 757 6,387 . Shipments...... thons. of sq. yds--~-- _. ______. ... ______--1--- __ _ 7, 944 5, 621 5, 577 13, 383 10, Hi9 8,575 8,239 7, 043 Lmoleum: 11 1, 725 1,1\19' 1,471 2, 257 l, 932 2,002 2,459 2, 837 ~~od~~g~;;':::::::::::::~~g~~: ~[ ~~: ~~~::.::::::::: ::::::~::11 +-- 1, 792 1, 605 1,826 1,817 1,845 1, 901 1, 945 1, 303 Shipments .... -..~~~---thnus. of sq. yds .. ~------~------~ .. __ _ l,li27 1, 492 1,491j 2,306 1,912 2,112 2, 375 2,1i02 3, 7UO (i, 609 5, 465 li, 0:!3 4, 474 .0,324 5, 615 sales by :::~::~;~~~~~~~~~::~:~or Pyroxylin spread ...... thous. oflhs.J ______' 2, 121 2, 0~3 2,333 2, b22 2, 667 2, 021 4, 001 4,060 4, 273 4,081 3,044 Shipments ...... thous. of linear yds.. l ______. 1, 956 1, 902 2,184 2, 419 ' 2, 411 2, 375 2, 814 3,186 3,301 3, 394 2, 724 Unfilled orders end of f month ______thous. of linear yds.+------i 2,175 1, 789 I, 986 2,180 2, 401 2, 751 2, 61-5 2, 656 2,810 2, 962 3, 358 3,058 I : Rayon i · Imports ______tbous. of lbs •. ! 32 i 21 91 71 107 2"J9 I 299 276 i 202 225 295 4R9 274 Price, 150 denier, ' 4 A" grade, l i I New York .. ------·dolls. per lb .. j . 75 : . 75 - 75 I - 75 . 75 . 75 \ . 75 . 75 : . 75 -7.5 -75 . 75 . 75 Silk j I I Deliveries (consumption) .. ____ ...•.... bales .. ! 45, 909 1 58, 793 48,·132 i 50,645 5(), 61.i8 .03, 819 46,454 44, 746 42, !til 45,073 41,356 55, :!83 54,242 ~~i~~~~s, mw______thous. oflbs..l 6, 503 ' 7, 020 8, 361 : 1}, fi39 9, 524 7, 331 : 7, 167 6, 724 : (i, 400 6,520 4, 823 7, 725 7, 318 Haw, Japanese 13·-15, New j York ______dolls. per lb .. 1.9.03 2.315 1. 891 ' I.Vl~ i 2. 21i6 ; 2 315 ' 2 . .012 2.364 2. 403 2. 266 2. 266 2. 561 2. 709 Silk goods, composite .•..... dolls. per yd .. / .94 .96 . 98 . 98 .. 98 ' .98 .98 i .99 .99 .99 Silk machinery activity: , i .99 1.00 Broad looms ______p. ct. of normaL.\ 73.5 88.9 89.4 83.9 93.0 : 90.5 : Narrow looms ______p. ct. of normaL_) 79.4 76.4 ' 75.6 76.3 90.9 93.8 96.5 44.6 41.0 41.8 42.4 38.0 . 48.3 ' as. 2 35.3 43.9 42.5 44.6 44.2 51.7 Spinning spiudles ...... p. ct. of normaL.! 46.1 50.0 51.7 ' 56.4 56.4 53.4 I 48.7 44.6 ' 42.8 49.5 5\.8 58.6 58.9 Stocks, end of month: At warehouses.------______bales .. 70, 570 62, 905 r,9, 4flO : tn, 275 49, 921 ' 36,099 : 41,878 29,921 ' 37,352 32,688 35,497 47,407 45,399 .\t manufacturing phmts ...... bales .. j 20, 510 I 25, 180 I 24,651 ' 23,435 23, 170 I 20,044 ' 21, 122 16, 090 I 18, 706 18, 206 20,425 22,231 23, 124 Wool 1 Consumption at textile mills, ij i I grease equivalent ______thous. or lbs __ ------\ 31,,(:25 ' 35,421 42,990 : 47, 5-!8 ' ,o 1' 140 53, 88ti ' 45, 80.> 52,199 47,710 f'onsumption at tl'xtile miJis .. reL to 1a23-25__ , ______34,25311 38,420 1 72.3 hb. 7 : 7-1.8 ~10. 7 : 100.1 107. 9 113. 7 9<), 7 110.2 100.7 81.1 Import-": 1 1 I In c·ondition, imported ...... thons. of lbs .. l' 9, 890 • 12,556 ' 1;, H77 13, 4fi3 9, ti79 i 12, 9b7 ; 16, SGS 14, HiS 21.258 I\fa;.·hinery aetivity, hourly: I r~omhs ______p_ ct. of hours active.. 76 ~ 69 ! 8(i 71 lOD 115: l\5 107 H7 75 I,t)OJJlS- j Carpet and rugs.p. tt. nf hours active __ 1 30 I 28 .1 2ti . 30 :JS 40 3R 38 40 .J{} 44 3~) -";:-rrow_~------P· ct. of hours ar·t~v(' __ l 22 ~5 !I 20 31 :;g 44 45 43 .;,; 4li 42 30 \\Ide. ___ . ------P· ct. <>I hours active .. , 61 44 45 i 4.f~ . U3 , 70 ti4 61 58 54 59 :J,•t of c~rds ...... p. ct. of hours active .. i 54 40 : 48 : 53 fH G5 fi4 iJO f)O .:;·; ro ~piw1ing Rpindlrs- ! ~~ j'l I \Voolen ______p, d. of hours active __ ; 58 ' 3\} 52 1 4ti I 53 l GU: f)l tiO 55 f~{i W orstcd ...... p. r·t. of hours active .. ! 51 53 49 : 51 49 ' 78 ; 73 ' ti6 54 \.L;nths of :\h1n:h, Jurw. S:"'pte1nber, and De<:t'Jnber contain 5 weeks other 1nonths 4 wc('ks. 44 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS-Continued 19a2 19al Earlier data for items shown here may -----·----~ __ _ ~~-"-~~~dtl~ '~~v~~~~n::~~~~ -~~~u~j January I. nr:rm-: Noh~~m- October I s~g~~-;,;~-:"ugu~r~~r::-~ay April I March IF~~~- 1 ,--~--~~-----~------~------~-~-- TEX'l'ILE8-Continued I Prices: Wool-Continued I I Raw, territory, fine, scoured.do!ls. per lb.. 0. 57 0. 58 0. 581 0. 58 0. 581' 0. 62 0. 63 0. 62 0. 62 0. 63 0. 65 0. 61l I 0. 66 Raw, Ohio and Penn. fleeces, ~4 blood, • • I 1 combing,grease ...... •..dolls.perlb .. .21 .21 .21 - .21 .211 .22 .23 .21 .20 .20 .22 22 . 23 Suiting, 13-oz ...... do!ls. per lb.. 1. 400 1. 400 1. 400 1 1. 400 1. 400 ' 1. 400 1. 490 1. 494 1. 494 1. 494 ' 1. 494 1. 543 1.601 Women's dress goods, French serge, 54-in. at factory ..... dolls. per yd.. . 900 I . 900 . 925 1 . 925 . 925 . 925 . 925 . 925 . 925 . 925 . 968 1. 050 1.050 Worstcdyarns ...... •...... do!ls.perlb .. 1 .901 .93 .931, .95 .95 .95 1.00 1.00 1.00 1.00 1.00 1.00 1.10 Receipts at Boston: I Domestic ______thous.oflbs .. 1 5,131 4,928 5.350: 6,163 5,567 16,595 34,445 76,046 51l,779 26,151 10,376 8,215 6,741 Foreigu ______thous.oflbs.. 2,996 6,307 2,227 I 863 3,061 2,112 2,405 3,335 2,964 4,190 7,399 5,064 6,528 •rotaL.-----;~~~-~~~---thous.oflbs .. 8,127 11,235 1 7,577 ~ 7,026 ~.628 18,707 36,850 79,381 56,743 30,341 17,775113,279' 13,269 1 1 l'n1l~~~~~~~~;~~~~-~~~i~~::~~.-t~~~~: ~~ ~~~:r:Ji;2is·/--25;047- :__ 5ii;5s5-j '5A: ~~~ --4ii;i7ii- --4-d2ii- -- 23;ii3- --2o;574- --:lii.-737- --48,-iiii- --45;ooo· r--:J9; oos·J~---46;8:-9- stocks-- I ' I 1I ' Chewing, smoking, snuff, and export 1 I I types, quarterly ...... millS. of lbs .. •_____ ... .1 .••••. _•. 1 3 I, 612 :...... a I, 419 ...... •.. ------3 l, 453 -_-_-_-_ -_ -_·_-_-_ -_-_-_:·_-_-_-__-1 • ~., ~98 Cigar types, quarterly... thous. oflbs .. ! ______l ______3 321,305 ______'342, 025 ------3370, 142 13 35 84 Total, including imported j I ' types, quarterly ______mills. of lbs .. ------'------~' s 2,013 3 1,841 ------~ 31,915 ------______I 3 2,151 Manufactured products: I i Consumption (tax-paid withdrawals)- i i ' , i Largecigars ...... thousands . .i 347,729 i 342,924 · 304,531 477.453 534,371 449,330 4()3,256 478,90111 517,514 467,300 459,982 440 472 362,839 8mallcigarettes ...... millions .. l 7,680 I 8,96311' 7,295 7,850 8,956 9,695 9,520 10,700 11,508 10,448 9,471 9,802 8,836 Manufactured tobacco 1 andsnuff. ______thous.oflbs .. 29,417 '. 30,88311 25,813 27,935 34,139 33,278 31,558 30,661 31,086 30.780 30,781 31,049 29,562 Production index (Fed. I I Res. Bd.) ...... rel. to 1923-25 ...... i 121 I '113 '113 '111 118 118 '121 "132 2 135 '132 131 '133 Exports, cigarettes ...... thousands .• 232,348 : 190,8231 240,727 228,793 191,385 257,854 254,049 243,233 244,201 250,858 241,703 324,808 256,706 MISCELLANEOUS PRODUCTION I ! II ' Buttons II 11 Fresh-waterpearl buttons: . , 1 ProductiOn, mtw to capamty ____ per cent..------: 32.4 1I' 43.0, 42.3 46.9 42.9 45.0 31.3 ·15. 0 44.7 45.2 47.5 44.6 Stocks, end of month ...... thous. of gross .. •______, 8, 525 ,1 8, 794 8, n29 8, 640 8, 583 s,nsg 8,803 9, 252 9, 224 9, 408 9, 518 9, 8/)7 Imports· '1 Buttons- 1 I Product of Philippines.thous. ofgross .. 73 i 73 94 59 1 52 76 50 62 95 68 118 fol 55 All other...... thous. of gross .. 24 I 14 0 lO 11 5 6 10 446 11 2 3 Shells- 1 1 Mother-of-pearL ...... thous. of lbs.. fl06 i 600 416 563 445 451 399 25G 202 272 395 289 273 All other...... thous. of lbs.. 53 · 1,133 69 49E 479 83 467 134 527 43 48 95 :Jf>9 Tagua nuts ______thous. of lbs.. 843 2,117 2,044 1,500 2, 025 2, 014 I, 527 2,025 1, 999 901 1, 720 592 1,329 FUELS Anthracite: Coal Exports. _____ ...... thous. oflong tons .. 1 87 96 113 125 157 l2l Jill JIO ]46 14R 120 ];)!} Prices- I Hetail, composite, chestnut ______dolls. per short ton .. l 14. !!7 14.97 14.96 14.97 14.93 14. 73 14.,59 14.31 14. 19 14. 39 14.85 Wholesale, composite, chestnut ______dolls. per long ton __ 13.166 13. 0~3 13.083 13. m;3 12.796 12.614 12.413 12.270 12.202 12.608 12. 7~2 Production. _____ ... thous. of short ton, __ 4,141 5, 700 4, 745 5, 391 4, 671 6, 551 4, 358 4, 314 3, 954 4, 544 "· 005 Stocks, end of nwnth, In ~.rards of dealers _____ .. no. ofda}s' supply 1 __ 54 60 75 75 60 45 21 Bituminous: Consumption By coke plants- (' anada. _._ .. tho us. of short tuns __ 197 19K 191 179 1~6 lg3 213 229 230 247 United States ______thous. of short tons- -I 3, 1~;-1 3, 354 3, 442 3, 616 3, 459 3, 634 3, 795 4, 027 4, 1)29 4, 682 4, 1)02 ~. 408 By electric power plants ______thous. of short tons __ l .. 2, 809 ! 3, 117 3 2'>? 3. 454 3, 2RO ~. 233 3,168 2,!1.54 2, 953 2, 963 3, 410 3, 286 By railroads ..... thous. of short tons. ::::_::.f 5, 234 i 5, :l14 s: 2~0 5, 776 5, 268 5, 419 5. 463 5, :ll4 5, 821 5. Rt-\5 ll, 414 5, 810 By vessels dearing i ports. ______thous. oflon!( tons._ j 122 i !J3 I 99 134 IX3 163 16,'; ]!{\ 209 195 168 136 141 Exports. ___ .. ______thous. of long tons .. I 3H6 : :ll-;9 I 521 I, 150 I, 07R l, 163 l. 217 I, 087 ~i94 ~~6 671 665 64:3 Prices-- I !'line awrage (spot) . 1 ______dolls. per short ton .. ! I I. 62 l. 58 l. 58 l. 56 !.flO l. 64 l. 69 1. ii Prepared sizes (rom- I _ ~ 1. - posite) ______dolls. per net ton.. 3. 929 i 3 _ 3. 9.oo 3. \),)4 3. 954 3. 907 3.};1() 3. 8:!8 3. 845 4.001 4. 223 95 1 3. R56 Hetail,composite.dolls. per short tcn._l 8.14: 8.!1 i 8.1!! K 22 ~- 17 8. 11 K. 09 8.CO 8. 04 8. 46 8. 71 H. 83 Wholesale, composite 1 ______dolls. per short ton __ f 3. 701 3.69!1 1 3. 791 :l. 814 1 3. 701 1 3. 703 3. 705 3. 704 3. 706 3. 692 I 3. 723 3. 760 Production- l i 1 C'anada ...... thous. of short tons. :------1------l l, Hl4 l, 204 ], 005 760 826 ~.8R i 902 888 I, 02S 963 United States .... thous. of short tons. I 28,013 i 27,89~ I 30,260 3fi, 700 31,919 30, 534 29, 7\lO 20, 1~5 I 2~. 314 28,478 33, ~70 31,408 1 ,)!< , 73 Production index ...... rel. to 1923-25. 63 ' 64 71 70 70 74 14 1 75 77 76 t!toeks, end of month, held 1 _I. hy consumers __ thous. of short tons __ !__ 35,500 34,.100 30,900 30,100: 21i, 900 2H, 500 Coke Exports ___ .. ______thous. of long tons. 29 22 28 50 52 87 50 45 86 43 54 67 Price, furnace, Connellsville 2. 38 2. 50 2. 53 Pr,;dnctlon~--- .dolls. per short ton __ 1_ 2. 25 2. 34 2. 45 2. 45 2. 45 2. 45 2. 45 I 2. 48 2. so Canada ______thous. of short tons 147 144 140 126 132 139 155 : 169 169 179 16;} United States- Beehh·e. ____ .... thous. of short tons 88 82 98 105 78 70 i'6 S7 94 109 149 163 By- products ... _thous. of short tons -1' l, 996k6 i' 2,101 2, 234 2, 276 2, 31i9 2, 310 2, 443 2, 569 2, 715 • 3,126 1 3,146 3, 256 2, 898 Asphalt: Petroleum i Imports, ______thous. of short tons -1 l 0 i 0 0 I 12 14 10 ! ~ 7 7 3 Productwn ______thous. of short tons._' ____ ... _. 210 314 190 166 1 131 i l:J2 326 312 31441 315 ' 304 248 Stocks, end of rnontlL.thous. of short tons __ !. ____ . ___ , 308 i 302 299 ' 299 340 332 349 3!13 380 360 354 332 'Hevised. a Quarter ending in month indicated. As of Dec. 1. April, 1932 SURVEY OF CURRENT BUSINESS 45 MONTHLY BUSINESS STATISTICS-Continued ------===---=-~ 1932 1931 A~arUer data for itentS shown here may be found in the 1931 Annual Supple- Febru- January Decem-[ t\ovem-~ October [ Septem· August ment to the Surveu ary ber ber ber July \ June May I April I March I F:~~u- 1 1 I ---~------I------~------·--- FUEL&-Continued I I I I I Petroleum-Continued : I ! Coke: Production ______thous. of short tons __ ISO 118 173 180 11s I 170 Lil ------145 1681 Jt38 i 1.\9 1 16R Stocks, end ofmonth.thous. of short tons .. ------1,460 1,5121 1,439i 1,3931 I, 516 1,451 1,391 I, 315 1,250 1,158 I, 089 I, O.o3 Crude petroleum: Consumption (run to stills)_ tho us. of hbls_ ------68.715 12, 121 1' 11, 639 ' 76, os3 75,094 80,672 79, 758 '76, 187 78,521 '74, 761 '73, 651 '65, 314 Imports ... __ ------____ thous. of bbls __ 2, 047 4, 3151 3, 604 4, 106 3,426 2, 702 3, 588 3, 978 4, 512 4,162 3, 715 4, 789 Oil wdls completed ______nnmber .. 643 744 874 705 445 441 599 '643 498 519 383 450 Price, Kansas-Oklahoma ... dolls. per bbL. .710 . 710 . 110 110 .560 • 560 .434 . 238 .300 .530 . 530 .594 . 850 I . 1 Production. ______. thons. of bbls .. ------66,884 73,174 72.~51 73,079 1 63,636 68,418 77,961 75, 116 77,164 73,101 69,397 60,645 Production index ______rel. to 19n-25 .. 106 113 121 ' 122 116 I 102 107 122 122 122 121 112 110 Refinery operations ____ p. ct. of capacity __ ------60 64 64 6.' i 66 69 68 67 67 67 64 r,3 ~tocks, end of month- California- I Heavy ______.tlwns. of bbls __ ------93,033 9:!, 274 2 93, 673 '93, 493 i ' 93, 961 2 9-!, 633 ;! 94,587 '95, :!62 2 96,341 ' 96, 972 i ' 96, 635 '97, 905 Li!!hL ______thous. of bbls .. ------42, 421 42, 111 '41, 777 '41, fil9 2 41,888 '42, 300 2 43, f)25 • 43,930 , 44, 510 ' 44, oo3 1 , 43, 907 '43, 428 East of California-- Refineries ______thous. ofhbls .. ------~36,594 36, 546 36, 5f>6 36, 705 I 38, 358 39,021 41,007 41,734 41,819 i 41,413 40,786 42.027 Tank farms and pipe lines ______thous. of bhls .. ______283,607 286,020 284,222 283, 20 I 1284, 840 294,831 305, Oo ]9~ 1001 earlier data for items shou.:n here may be formd in the 1931 Annual Supple Fehru May April ~\.Jareh rnent to flu: Surreu June ary DiSTRIIHi'fiON lUOVElHENT--CorL A.dn•.rtising-Continued Radio brmtdrasj ing, total cost_ __ thnns. dol~s- _ 3, 801 I :3.034 3, D~IR 3. 50.i 3. :.?;}:~ 2.7H 2, fi2i 2, 764 2. 835 3,031] 3,161 3. 141 2,5:)1 Automotive industry ______.. _thous. dolls __ 231 I 2:32 16~) 172 ~-5 C0 OS 89 gg 91 122 11~ 9S Building nlatrriah:; ______thous. dolls .. 0 13 36 ' :n 37 28 2.~ 32 19 30 39 37 ' ad Cig3rs, cigardt~~s, and to- haf'C"O ___ ------______thou::;. do11s .. SOl . 828 IH1 578 513 470 467 47G 4i6 425 434 412 2fJ2 Clothing and dry goods ..•...thous. dolls .. 20 : L"i nl 5a 1 40 21 32 38 44 f,'i 66 51 48 Confedioni...•ry ______.t.hous. dolls __ l.:d i !GO 1 J2 173 128 10~ lOtl 13.5 112 l(l() 90 8r) 84 Drugs and toilet goods ______thou':\. dolls __ 8S8 881 :-oz 1 6~7 650 4S\I 391) <>53 452 403 471 4(;5 145 Fin Amount...... dollars. -, 93,376 82.819 7S. 534 70,681 1 98, 621 Ill, 183 91, 332 112, 843 i 138. 592 132,600 Delinquent firms ...... ____ nnrnher.., 911 9:38 736 780 i 933 948 941 i 1, 258 i I, 228 I, 141 }'orest Products (1\Iarketing) i Distilled wood ...... rel. to 1923-25._' 27.1 33. 5 I 31.4 30.0 22.1 17.2 20.4 27.5 34. 7 ' 44.6 i 68.9 63.7 Gnm ...... ------·-·········-rel. to 1923-25 •. ' 24.1 90.4 1 97.2 : 114.0 111.9 141.5 186.7 H19.5 136.5 . 98.3' 39.7 25.5 Lumher ...... ---·-··-···-·····rel. to W23-25 .. ' 46.9 45.8 i 52.7 60.4 56.6 63. 2 61. 1 (12.1 62.8 : 59. 1 ' S5. 4 51.6 Pulpwood ____ ...... r<'l. to 192:l-2~·-i 94.1 93.6 90.9 82. I .56. 1 63.5 76. 1 \13. g 105.6 ' 112.5 ' 100.5 : 87.0 TotaL.·----············-······rel. to 1923-2.o •• 50.5 'so. g 56.7 I 63.1 '57. 6 64.3 64.6 67.2 ' 66.7 63.6 I 59.3 . 54.4 Postal Business Air mail, weight dispatched ______pounds __ , ___ _ 827, 5:l0 720, 301 . 836, 603 i\l(i, 703 804,455 779, 105 781, 419 ' 750,960 7.50, 638 724.617 Bl2. 484 1\Ioney orders: Domestic, issued (50 cities)- 1 Quantity ______--··- ______thou:-;nnds ______4. 125 3, 600 ! 2 :), i49 ~-\, :37~1 3, 363 3. 501 3. 766 , :;, 766 4. 015 3, 567 Value_·········- ...... thotts. of dolls ...... :lfl. 329 35, 4fiS 2 37, 801 :;:J, soo 33,370 3-1, 224 3fi. 006 ' 36, 006 : 37, 250 33, 240 Domestic. paid (50 cities)- Quantity ______------_thouS:lllfls. ______-· 11. fi()') G, 751 '2 10, 521 !J, 121 9, 074 9, 930 !0, ~102 ' 10, 902 11.132 ' n. i'Ol ..,.1 ()'JC) Value. -·······-··--·--thous. of •lolk. 01, 51)7 s1,a1s 2~~(i,7nn 74,fl7n 76. 365 61, 0.}6 ' 90. 6·1U 81.7-17 70. ~);)5 Foreign, issued __ ---- ______thou;;, of (lull~--. __ _ 1', 140 3, 971 ' 4. 027 4, 4\10 '/ o~~ I 4. 412 4, 073 ·!, 442 5, 014 4, 032 Postal n·ceipts: I I Total inde"--······-·····-·rel. to Hl2:l·2!\ .. 132.0 fl.). 2 107.4 9S. ~ S!-1 ..'1 02.9 1 !!U • .J I 104. 5 lOfJ. 9 113. 1 !(li!.l 50 sPlectrd cities ______thous. of ctnll.;_ · :H, 96() 25. 3;):) 2R, 61R 26, 335 21,3539 24. 578 i 2G, 442 27, S44 2H, 2.57 3(1, liS ' 26, .~(J.S 50 industrial cities ______thous. of doll._ __ ; 4. 068 ~. F;(Jfl 3. 150 2. sq7 2, ~fJ:~ I 2, 003 I 2, 957 3, 047 3, 268 3, 2~:4 :), 2t.~ Retail Sales Department store sales, value of: United States. adjustecL ... r<'l. to 1~23-25 __ 7!] 8G 8R 91 \15 I 106 98 United States, unadjusted. rei. to 1923-25 .. ' 60 fl3 67 6.5 90 101 80 Departm•·nt store stocks, end of month: 1Jnited States, adjusted .... rel. to 192:3-25._ 7f. 87 . 81 . 7\J 81 82 . 83 84 86 United St,tes, unadjustcd.re!. to 1923-25 .• t19'" 67 !)S. ~~ ! !<4 7G 75 ; so' t'-7 'S7 81 Installment sales in New England 4.6 i 9. 1 I 11.0 11.9 6. 7 ·L 7 7. 0 (i. 5 8. 4 lll.fl M~lf-~;-~~~r~;;d~~'~Io to total sales .... per cent .. ···----·- __ ··--·· 1 Total sales, 2houses ...... t.hous.ofdolls .. 32,581 31 'I"' :1 58, t.21 45,898 ' 52,280 45, ~Jfi5 i 43, 004 4.5, 093 4~. 480 bO, 070 52,078 4~J. 008 . Total sales, 2 houses ______rPl. to 1!)2:)-25__ 100 , ', 98 ll 180 140 160 141 . 132 1~18 . :151 ' 153 }!';!) l32 Sears, Roebuck & Co ___ .__ thous. ofdollr..; __ 20Ji18: 1?,. 9:1,7 ,:i 36,922 27, 495 30, 246 28, 4.)0 . 2C, 50i 29, 77:1 30, ~~Gl i 31, 52:3 31,020 25,407 Uontgonwry Ward & Co. thvus. of dolls.. 11, 063 : 1., 0• 8 :I 21, 8~l9 1~. 403 22,034 17, c.05 16, 407 15, 320 Hl,2HI, lSI :"';4:7 I 20,558 17,601 Restaurant chains: 1 ·1 Childs Co.- ! Sales ... _-······-··_._. thous. of dolls .... - _..... :.. _. _. __ _ 2.103 1,%0' 2, 20S 2. 16-4 2 030 ! I, S5S 1, 847 1. !j,)( 2. 059 2, rr,4 1,116!1 Stores operat('d ______nnmber __ ------:- ______. _,; 108 106 107 tns : '!OS : !08 JOH . !08 110 111 111 J. R. Thomspon Co.- 1 Sales ...... •...... tllous. of dolls __ ··-··--··'·····-- I, 233 I, 187 , 1.301 1,086 1, (193 1,:202 ' 1, 17S 1 208 1,082 Stores operated ...... numher.. ______···------1: II~ lltl ll7 i ll7 117 116 117 • 117 120 Waldorf System (Inc.)- ' Sales ...... •...... _thous. of dulls.. 1.181 1, 341 1, 359 I, :J03 1. 246 1, 244 i 1, 245 ' 1, 337 1.360 1. 210 l, rg6 Stores operated. ___ ...... ___ number.. 161 15tl I 156 156 !54 ' 165 : 16:2 162 .160 160 Total sales. 3 chains- TotaL.---·····--·····-thous. of dolls_. ___ ····-· ·······-· 4, 737 ' 4, 892 4. 745 . 4, 577 i 4. 188 4,185 . 4. 4\l6 : 4, .1[-4 4. 023 ' 4,181 Stores operated _____ ...... _number.. ···-·--.. __ .. _. _ 3S3 378 381 379 391 388 3~6 ' 387 388 391 Grocery chains: Atlantic & Faeific 'I'ea Co.- Total srues ...... thous. of dolls .. 69,861 m, 311 74. 703 95, 4[18 74, G4:! ', 74. 411 I 9s, szs 8o, 851 102, (l46 85,160 . 82, 719 ', '80 441 Weeks in month _____ ...... numher.. 4 5 4 5 4 4 5 4 5 4 ! 4 -· 4 Weekly avcrage ...... thous. of dolls .. 17,465 .... ______; 18,262 18, tl76 1\l, 100 18,660 18, 603 ! 19, 106 20, 213 2'l •.'>%, 21, 200 i 20, 680 '20, 610 Tonnage sales ______tons __ 412,767 ··-······. 516,171 418,762 524, 743 411,883 399. 779 1 513, o9s 454, 2iis .563, 223 454, 479 i 435, 292 439, M5 Weekly avt=>ragC> .. - ______tons __ 103, 192 ______I 103.2341 104,691 104, 949 102, 9i1 99, 945 i 102. 619 ! ll3, 567 112,645 . 113, 620 . 108. 823 109,88tl 2 Revised. April, 1932 SURVEY OF CURRE:t\T BUSINESS 47 MONTHLY BUSINESS STATISTICS-Continued Earlier data fr-Jr ite1ns shown lzerc tnay---~- 1932- i! 1931 he found in the l!J,11 Annual Supple- ----,------ij ·-- -~~------~----~---- -~------,----c---- m.ent to the 5-:un~eu , Fehru- 1 J :1 Dec-em- Novrrn- '1 - '..:::cptetu- J 1 I J 1 'I 1 f-..ehru 1 ary i nnunr:v !; ber - hPr , '- ctorer ..... t.C.r Au;ru~.t u.y une _r.,rny I April 1' arc1 ·1 ! ~ry - DISTRmUTION 1\!llVF;J\H;N'I'- ('on_ Retail Sales-L'ontinud Cfwin 5tore::;, s::tles: F. W. Woolworth & Co.- Sales ______thous. elf dolls .. ~ lR, 78~ 17,901 39, /1:~ 20. 1.~0 21,732 2·1. Jj 7 23, ~30 21.724 1\1,386 Stores operated ____ ------.. numlJer-. 1 1. QO!i 1, 902 l. 906 1, 90fl 1, \l02 1, 896 1, 800 ' 1, S\ll i 1,81<8 f. & W. Grand-- 1 11 1 2, llf 1 J, flUil J. Ni5 l. D2S 1,833 1.82.1 2. 004 1,GM' l..J3l ~~~~~s-oJ·)erate;1·_-:==:~~:~~~~s_.n°~~f}~~~=l~======-~====::::!i s. }~~ : ' ~-;~: 121 121 JW llG 119 liS 11;- ]]f;' 111 G. C. ~1urrhy Co.- I :i Sales ______thous. of dolls __ ! 1, 221 1 111 '1 2 061 1..178 I. 715 l, j~g 1, 1~~ 1, j~g 1, 5()9 1, :149 i, .58R 1, 32\l ' Mtores operated ______number__ 171 : '171 !i '172, 172 1·-·; . Jfi9 · loS 168 ]()!") ' 1,7?,i, JSlla£ SilYcr & Bros.--- . i ' 1j 1 6\0 ; 8~2 (\07 589 !i9i r:oo I ,)13 1 1 692 G95 72:3 s~~~~;;,;!,er~tcd--_-~~:::~~~~-s~n~i~\',~~:r::::::: :::::::::'1 ' !~ 4fl : H 45 45 45 45 45 4[, ' 45 J. C. Penney Co.- 1 !. ' i Snles ______thous. of r!olls __ ! 9, .586 9, 288 !I' 21,269 ': JG, 49:\ 17, 9f.R 14, 517 13.257 12.779 14.832 15, 4o\o 15,380 12,4-43 : 9. MO Storesoperated ______number__. 1,460 1,4601. 1,450 1.458; 1,41'8 1,457 1,456 1,454 1, 453 ' 1, 4!i3 1,454 I. 454 I 1, 45:{ McCrory Stores Corp.- : 1 I SaJes ______thous. of dolls __ ! 3,067, 2,919 I' 6,882 · 3.469 · 3,881 3. 260 ' 3, 214 3, 004 3,240 3,412 3, 703 :l, 3&1 l 2, 946 Stores operated._-- ______number--'------·~----_____ 244 1 244 244 244 243 242 ' 243 243 243 242 I 242 Metropolitan- j 'i 1 565 : 571 518 · 55R 702 71:l 722 508 445 ~f~~~;;-opcrateZC::: ::: ~~~~\~i,~~~~~=:, :::::::::I:::::::::· i: ::: :::::: 83 83 83 83 83 83 81 91 93 94 S. II. Kress & Co.- : I I Sales ______thous. of dolls.. 4, 698 4, 274 i 11,221 i 5, 587 i 5. 706 5, 295 5. 286 ti, 104 5, 467 i 5, 469 5, 7Al 5, 25\1 4, 487 Stores operated ______nmnber..,------'i 221 j 221 · 222 220 218 218 1 217 I 216 216 213 211 S. S. Kresge Co.- i , 1 i ~alcs ______thous. of dolls .. 9, 080 , 8, 845 :! 22,173 : 11,220 , 12.498 10, ~~~ • 10, ~~~ : 10,722 11, 89f> 12, 12:l 12,590 11, 035 9, 770 Stores operated ______.. ___ number..1•• ______, ______,, 711 i 710! 70!i 684 1 695 , G94 : 690 688 683 W. 'T'. Grant Co.- 1 ,j , • 1 4, 839 ; 4, 495 1 6, 48;, i 7, 123 5, ,)70 5, :l9.) Sales ______thous. o !dolls ___ , 12 111 1 5. 227 ' r., 289 ' 6, 606 6,402 r-., 334 4, 347 354 Store,; operated ______numher __ , 406 ------1 402 400 400 386 ' 381 375 i 371 367 364 350 Five and '!'en-chain group: ! ' ·1 I ActuaL ______rel. to 1923-2/i __ : 121 , 115 , 2_7 9 , 148 169 H2' 143 140 1 14S 156 160 144 ' 127 Adjusted for seasonal ..rel. to 1923-25 __ , 155.0 ; 155.1 ·1 143 5 116. f) 152.0 156. 3 160. 0 I 148. 5 ' 161. 7 ' 168. 0 167.9 158.7 162.;, i '! Warehouses I ',I Public merchandising warehouses, 1 • f space occupied ______p. ct. of totaL.,------65.8 i '66. 7 : 66.tl : 65. 3 6.). 7 64. G 63, 9 64. 7 G5. 8 65.9 66.8 ; R7. 9 FOREIGN TRADE I ,, Total trade: Canadian I Exports ______thous. of dolls __ : 37, 019 39,063 54. 218 ' -58, 430 ! 56, 534 4~. 909 49,894 50,671 55,320 ' 60,845 34,674 56,296 44, 914 Irnports ______thous. of dolls __ , 35,586 34, 115 40, 290 ' 46, D11 ; 4.o, 933 45,379 -17,308 , 48,379 _I 52,508 73,457 51, 11<9 75,348 50,994 United States Exports: Grand total, including reexports ______thous. of dolls __ ' ______149,901 !83,578 i 193,5M 204.904 1so, zzo 164, ~22 180,670 187, 190 zoo, 991 211, sss 235, s~1 224,413 By grand divisions- 1 . , ", i Africa, totaL ______thous. of< 1olls __ ,______3,140 4 31 3, 598 5, 376 4, 140 6, 162 5, 070 ' 4, 648 6, 129 4, 925 4, 923 4, 954 Asi~~~tc:~~i~_-:-____ thous. of 1 Se~~Z~i~~-e-~-':'~~~~~~:thous. of dolls __ 18,427 . 18,820 20,656 20. iilk 21, 134 21. a,,v 2:;, so,; 27. 948 27, 451 29,891 31, 086 31,424 27,409 Agricultural exports (quantities)- 1 All commodities ______rel. to 1910-14 .. : ______Ill 143 139 }../; [i;{ ():1 !)8 66 68 87 71 All commodities (except i cotton) ______rel. to 1910-14 .. 1------81 '! 106 114 127 \i~ 1'3 !17 86 89 81 86 ' 82 Imports: I Grand tota] ______thous. of dolls __ , 130, ll77 135, zo:l 152,887 14V, 4t:O 168, 70S 170,3o4 1ofi,fi7~< J74,e(\O 173,455 179,694 J8.o,706 210,202 174,946 By grnnd divisions- I Africa, totaL ______thous. of dolls __ [______2,03ll 1, 575 2, 141 1, 697 3, 096 2, 40() 2, 3~! 2, 773 4, 337 3, 778 3, 052 ' 2, 344 Asia Rnd Oceania- i TotaL ______thous. of dolls __ l ______, 37, 846 41, 114 44, :166 48,413 42, 4U4 45, 581 4~. i72 52, 757 49,964 53, 180 59, 552 50, 183 , Japan ______thous. of dolls .. :------14,150 18,803 20, 408 19, 474 17,256 16,052 ' 16,057 14,988 15, 580 12,183 18,454 • 16,255 F.... urope- r 'l'otaL ______thous. of doll,; __ '------40, H86 50,231 49, 30G 56,302 60, ns 50, 776 : 51,359 ' 47,480 51,841 53,387 62,174 51, 172 France ______thous. of dolls __ ,______, 4,080 6, 722 6, 415 8, 971 7, 799 6, 551 ' 5,459 .i 5, 516 6,143 6, 250 G, 598 6,880 Germany ______thous. of dolls __ ,------6,446 8,187 8, 274 12,071 12,203 1 lj 373 \1, 734 8, 937 9, 512 11,249 13,434 9, 486 Italy _____ ----- ___ .thous. of dolls._, ______' 5,045 6, 630 6, 519 : 5, 6~8 5, 635 4, 351 4, 138 4, 269 4,627 5, 7H 6 W2 I 5, 12~ 1 United Kingdom •. thous. of dells __ : ______. 5, 954 ,. 9, 237 8, 517 , 11,278 13.379 11~ &Cl\1 10,951 11,000 12,354 11,561 13:033 ' 11,070 'Revised. 48 SURVEY OF CURRENT BFSINESS April, 1932 MONTHLY BUSINESS STATISTICS-Continued : 1o32 11 1931 Earlier data lor items shown here mag I ':::e~~"t':.dt~~ ~~~ ••!:31 Annual__ s_"_P_P_l_e-_I_E~~;~-- ~~nuary ~~~ Dtc!~:-=~~~~r~~ctober !,-seg!~m-; -~~~:;t 1,~- -~u~e--~~- M~- r-~~~~- March I F~~~- t'OREIGN TRADE-Continued 1 I I I United States--Continued 1 ! · hnports--Continued. By ~r~r~g ~i.~i::fc~s:_:-Continue Employment , , I Factory employment, adjusted (Fe Q~~~~:~~~-~~~-~-~~~~~~~~~~-~~l;~1~1o 1929 __ 1 47.4 48.9 1,_1 53.9 59.3 64.5 66.6 68.9 71.0 72.3 75.0 76.1 70.0 66.6 Crude petroleum producing ___ reL to 1929__ 54. 4 54. 9 1 58. 2 1 57.6 60.4 61.2 62.4 65.3 65.0 67.8 69.8 72.2 73.2 Telephone and telegraph _____ rcl. to 1929 __ , 82.0 83.0 :1 83. 1 83.5 84.1 85.0 85.9 86.6 86.9 87.4 88.1 88.6 89,2 Power, light, and water______rel. to 1929 .. ! 87.2 89.3 I! 90.3 91.3 92.7 94.7 95.9 96.7 97.2 . 97.6 97.1 96.7 97. ~ Operation and maintenance of electric ! 111 railroads ______reL to 1929__ iS. 9 79.5 1 79.9 8!. 5 82.7 84.0 84.8 85.6 83.5 Whole,ale trade ______reL to 1929 __ , 80.9 81.8 , ! 85.9 86.8 86.4 86.6 1 83.7 84. 1 85.2 86.1 86.5 86.81 87.1 87.1 87.4 ' 87.4 88.2 Retail trade ______reL to 1929 .. 1 80.5 84.3 1: 106.2 90.9 89.8 86.6 81.8 Hotels ______rcL to 1929 __ : 85.3 84.2 i' 83.9 89. 1 89.9 90.1 ' 87.8 87. 1 84.1 85.9 88.5 90.6 92.8 93.3 1 91.6 92.5 95.9 I 96.8 96.8 Canning and preserving ______reL to 1929 __ , 37.1 35.0 [' 40.7 60.8 108.1 180.1 142.9 102.2 i 70.6 56.0 56.5 53.0 Employees on pay roll, unadjusted: : 48.3 Clevelan 2 1 93 1 Earlier data for itemR shown here may i------~-~~ ___ \ ~------c----.----c.-l____-.- be found in the 1931 .4nnual Supple- 1 I I N 1 / I ' ment to the Survey ' Febru- Januarv ' 1 Decem- 'ovem-l Oct >ber Septem- August July I June May I April March Feabru- EMPLOYMENT AND WAGES-C'on. j ary -----~~~---b~I"_--1--' --~~----- ~~.------~--- ry ' II li, I I Employment--Continued II I I i 1 ii I 1 Factories. time operated-Continued. : II Textiles and their prod- , 1 1: i I j 92 92' 93 ucts ...... •...... p. ct. of full time .. '------1 91 !\ 91 90 91 91 921 94 93 ~~~k~~~ r;:,~~i~~Jtr::~s:P· ct. of full time..:------1 s1 !I 87 85 84 85 i 88 87 87 87 85 portation ...... p. ct. of full time .. ' ...... ! 86 '1 88 88 88 89 ! 90 91 92: 92 91 91 1 Miscellaneous indus- , 1 1 tries...... p. ct. of full time .. [------~· 0 l'1 84 831 85 85 i 85 &< I 88 87 87 Federal civilian employees (Wash- 1 1 ::I ington) ______number..r ------1 6Y,710 11 69,435 69,894 1· 70,056 70,580 j 70,~85 71,f>581 71.693; 72,417 i2,29i 71,917 71,11i2 Hours of work in factories: ' I i 1\ctuaL ...... hours per week .. l 3z. 5 '36. 1 1 38. i 1 37.7 38.2 39.2 ! 39.9 39. 9 40.9 ' 42. 7 I 41. 7 41.8 42.3 NommaL ...... hours per week .. • 4t.9 1 47.9 47.8 47.9 48.0 48.1 ! 48.2 48.2 47.9 48.0 'I 47.9 I 48.0' 48.0 Labor. disputes: ! j 1 D1sputes ...... number .. r...... 61 1 '39 '31 41 59 ! 43 54 51 49 I 39 27 34 Man-days lost in month ...... number __ !______., 133,944 ·' 147,426 '359, no ,1,03R,Oil3 491,024 11,213,120 666, 309 501l, 097 402, 437 , 7G9, 720 422,545 228,329 1 Workersinvolved ...... number..l...... 6,649 '2,509 '12.910 28,696 37, 164 I 17, 003 58, 995 I 17,071 1.'}, 735 : 22, 604 28,139 12,512 Labor turnover: ! I Accessions ...... p.ct.ofno.onpayrolL.,...... 48.8 38.7 42.7 32.4 43.6 ' 30.6 35. ,) 29.3 : 32.8 I 37.2 43.2 36.8 Separations- 1 1 TotaL ...... p. ct.. of no. on pay rolLI------1 39.4 40.4 46. 1 73.2 68.4 i 43.2 M.9 61.9' 45.1 41.6 34.8 35.0 Discharges ... p. ct. of no. on pay rolL+------' 2. 2 1.9 2.0 2.5 2. 9 ' 2,6 2. 9 2.8 3.3 3.8 3.1 2.6 Lay-offs ...... p. ct. of no. on pay rolL.:------1 28.8 30.7 35.71 59.0 51.4 i 28.2 39. 1 46.7 28.6 23. y 20.6 22.8 Voluntary : 1 quits ...... p. ct. of no. on pay rolL.I.------1 8.4 7.8 11.8 14.1 12.9 12.4 13. 2 13.9 11.1 9.6 Ohio construction, employ.. I s. s I ment...... rcl. to 1926 .. 1 29.1 1 31.9 37.5 45.4 54.2 58.3 60.0 62.8 63.3 61.3 i tiO. 0 53.7 51.9 Railways, employees on pay roll .. thousands .. ;.... -----'--. ______I, 134 1,169 1, 225 l. 254 1, 2S8 1, 310 1, 317 1. 337 1, ~31 1, 319 1.316 \fages II 1 Fac~p~rae:.~~ !~-~~~~---~~~--~~~: to 1923-25__1 sa. 6 52.4 55.8 56.2 59.4 61.8 64.3 64.4 67.6 72. 1 73.6 74.9 73.2 g~~~¥:~l~~v. and glass... rei. to 1923-25..! 32.9 1 31.1 37.4 40.9 43.9 46.1 48.1 49.4 54.4 56.7 55.7 54.0 51.4 Group ______rel. to 1923-25 .. ! 72.1 I 71.4 75.0 76.4 80.8 80.8 80.4 82.9 84.1 88.4 92.0 89.8 92.9 Petroleum refining _____ rel. to 192'3-25 .. ! 75. 1 75.9 77.8 77.9 80.8 83.0 85.6 89.6 91.1 96.1 96. 7 90.8 100.8 Iron and steeL ...... rel. to 1923-25 .. 1 37. 2 36.3 41.0 41.2 43.9 45.2 50.6 52.4 57.6 64.9 69.1 70.0 67.5 Leather and its products ... rel. to 1923-25 .. , 61. 4 53.3 50.3 47.0 56.4 67.7 75.5 72.6 66.7 68.7 70.6 73.4 68.8 Lumber and its products .. rei. to 1923-25 .. ~ 25.9 I 26.6 31.2 34.1 38.2 40.3 41.3 41.7 44.6 45.7 44.9 46.2 45.6 Maehinery ______rel. to 1923-25 .. 1 45._o I 44.5 43.9 48.3 50.2 51.2 54.9 57.4 62.4 67.8 69.7 72.0 il. 9 Nonferrous metals ...... rel. to 1923-25 .. : 45 0 44.9 48.6 48.8 49.9 50.2 : 52.9 54.5 59.1 63.4 65.4 66.3 64.4 Paper and printing ...... rei. to !923-25.. 83. 51' 85.5 91.0 90.6 91.4 90.4 I 93.1 93.6 U6. (; 100.0 100.6 101.9 100.7 Rubber products ...... rel. to 1923-25 __ 1 54.2 53.0 52.0 50.1 53.7 54.6 i 62.2 64.0 72.4 71.0 66.8 63.2 63.8 Textiles ______rel. to 11123-25.. 1 59.8 55.5 58.1 59.3 66.0 71.0 70.2 65.9 66. i 71.7 76.8 81.9 76.9 Tobacco products.. ... ___ .. rei. to 1923-25 .. ! 53.4 53.0 5~. 9 64.5 64.6 62. i 66.3 67.5 68.6 68.3 ti5. 7 68.3 (i5. 3 TransportatiOn- i 1I Group ______...... rei. to 1923-25 .. , 45. 6 , 44.3 47.1 45.2 45.3 45.6 50.9 52.7 58.8 66.1 : 65.3 64. 1 62.2 Automobile ...... rei. to 1923-25 .. 1 52.0 47.7 48.0 42.3 41.4 41.5 50.4 53.2 62.1 75.6 i 70.8 67.7 61.1 N onmanufacturing industries: I A)lthracite mining._ .. _...... rel. to 1929--j 57.3 61.5 '78.4 '79. 5 91.1 64.9 56.4 53.7 66.7 76. 1 75.2 71.3 101.9 Bttummous-coal mmmg ...... rel. to 1929 .. 1 47.0 47.0 52.3 54.6 56.2 53.6 50.6 50.4 52.4 54.4 58.6 65.2 68.3 Metalliferous mining ...... rel. to 1929 .. 1 27.8 29.7 34.3 35.1 37.4 40.0 40.2 41.3 46.1 49.3 ' 51.4 52.8 54.6 Quarrying and nonmetallic 1 mining ______rcl. to 1929 .. • 29.6 1 30.2 36.9 43.3 48.7 51.2 55.1 57.3 60.1 62.3 . 62.6 58.2 54.4 1 Crude petroleum producing_ .rei. to 1929 .. 46.9 1 46.5 54.9 52.0 54.4 55.2 56.3 59.2 62.7 64.7 I 66.3 73.2 70.0 Telephone and telegraph .....rei. to 1929 .. : 89.6 1 89.1 92.7 89.7 91.6 92.1 92.3 93.3 95.0 94.1 95.0 97.9 94.8 Power, light, and water ...... rel. to 1929 .. : 86.0 88.4 91.2 93.3 93.2 94.3 96.2 97.4 98.3 98.7 I 97.6 102.4 99. i Operation and maintenance of j 1 77.8 79.0 81.2: 81.9 83.3 84. 8 8.). 1 • 86. 61 88.1 87.1 w~;~y~~:~:~~~~~~~~:::::::::::~~l: ~g ie~b ~~: ~ il ~n i 77.8 79.9 81.41 82.1 83.3 84. 1 84. 7 85. 2 89. 1 88.4 Retail trade ...... rei. to 1929 .. i 73. 7 7S. 0 94.1 84.6 83.5 80.3 83.3 87. 6 88. 0 8-'l. 3 87.5 86.7 Hotels.. .. ______rei. to 1929 .. 1 74.0 73.9 75.4 79.7 83.8 85.2 85. 4 I 87. 7 . 89. 9 93.4 93.7 Canning and preserving ...... rei. to 1929 .. 1 32. 7 3!. 8 36.9 1~u, 104.7 74.2 50.3 48 6 ! i 77.6 , 56. o • 57.1 Fann wages, without board ! i 1 ~8- 6! I Industri~ipay·r,;-lis~------dolls. per month .. :------:------i '30. 53 3 34.22 a,. 00 r------1 3:38.37 Total monthly- ): Delaware ______r<>l. to 1923-25 .. 1 .>9. 5 ' 57.~ ! 56.4 Gl.O 64.1 68.9 68.7 78. o 81. 1 79. 7 I 81.7 79.9 New Jersey...... rel. to 1923-25 .. 1 60.5 60.5\1 62.7 68.9 66.6 70.7 70.8 72. 0 76. 3 I 76. 1 77.3 78.6 New York ...... rel. to 1923 .. ' 51.0' 51. 7\l 54.8 59.0 63.0 61.6 62.0 63. 2 66. 6 ' 69. 1 71. 1 68.8 ! Pe_nnsylvania ...... rel. to 1923-2~--! 49.1 49.4 1 '52. 3 54.5 54.3 57.0 57.3 61. 5 65. 8 : 69. 9 69.7 68.6 W1sconsm ...... rel. to 1925-21..'------1 44.1 1 48.8 52.8 55.6 58.9 61.0 64. 2 67. 2 ' 68. 2 68.8 05.8 Weekly- ! I 1 I New York State ...... thous.ofdolls .. ' 7,692 1 7,798 I 8,254: 8,479 8,897 9,493 9,279 9,347 9, 524 10,046 10,414 10,723 10,365 Road building, wages of common labor: I j By geographic sections- I ' United States avcrage.cents per hour --I 331 32 .'\ 33 34 35 34 36 36 37 37 35 37 36 East North CentraL. _cents per hour .. · 40 40 1 40 38 37 36 35 35 36 37 36 41 33 East South CentraL ..cents per hour .. ! 17 19 · 18 18 19 18 19 20 20 21 20 21 22 Middle Atlantic ...... cents per hour .. j 40 37\[ 38 37 37 36 37 36 36 38 38 41 39 Mountain section .....cents per hour--· 44 I 45 I 47 46 46 46 47 45 46 45 43 44 42 New England .. __ ....cents per hour .. ! 4311 41 43 43 42 43 44 45 44 45 47 48 48 Pacific section .. __ .... cents per hour __ : 49 50 51 51 51 50 50 51 51 50 51 52 51 South Atlantic ...... cents per hour .. , 21 18 I 21 21 21 20 20 22 21 21 22 24 24 West North CentraL .eents per hour.. 42 1 38 36 36 35 35 35 35 36 36 36 37 36 . West South CentraL .cents per hour.. 25 24 24 24 22 20 20 22 21 23 28 1 23 23 Railways, average hourly wages ..... dollars ... ------~ .67.> .684 . 6fJ4 . 669 . 662 .(160 . 659 . 664 . 664 .669 .689 U.S. Steel Corpn., wagerates.cents per hour .. i 45 1 45 45 45 45 45 50 50 50 50 50 50 flO We f 11)32 1931 Earlier dala for items shotL·n here rnay :_ .. ____ _ -·-.. ~------T---TF~bru- be formd in the 1931 Annual Supple- i, -.·ebrti· i -D ',_ -· I I c• 1 J ecem- '. "ovem- Octohe', 8 ept.em- AuatJst t t ll July June Mn)· April 1 ,\Tareh ary ___:.:::~1~-o __ :_~-~~~~:~-- ___ J_ _:~--! anuary ------'------·--ber ! her l -----···-, · her---- I o- - EMPLOYMENT ANO lV AGES-Con. ! Wages-Continued \Ycrkly t•arnings of factory labor-Continued. i i Totals hv Stav~s- i Delawarc .. ______rel. to 1923-25 __ ; 83.2 I 80.2 81.7 . so. 90.0 91.2 B9. 9 100.5 103.6 101.31 102.4 100.8 I!linois ______dollars __i 20.76, 2! 87. o I 21.68 1 2~ 63 l 21. 12 I 22.16 22.52 23.70 23.86 23.93 24.54 24.99 1 25. 13 : 25.29 l!linois ______,_____ rcl. to 1925-27 __ , 73.2: 76.4 ;6. 2 ' 78. I 79.4 83.5 84. l 84.3 86.5 ' 88.6 ' 89.1 l'iew.Jc·rsey ______rcl.to192'l-25 __ : n4.5: 95.8 96.3 ~UI 99.4 95.1 I 101.4 102.2 102.2 105.8 ' ~~:i i 105.0 ' 106.2 l'icw York ______dollars .. : 23.94 2·!. 27 24. 6o 2·1. 91 ! 25.26 26.07 26.23 26.30 26.25 26.87 27.27 . 27.87 : 27.35 :\ew York ______rcl. to 1923 ..... ! 87.9 89. 1 90.5 vt.4 I 92.7 95.7 ' 96.3 96.5 96.4 98.6 100. I 102.3 100.4 P<•nnsylvania ______rel. to 1923-25 .. 1 71.8' 72. 5 74.4 72.9 i 76.3 75.3 I 78.4 78.3 82.3 85.6 89.2 37.5 ' 86.8 _! ______\Visconsin ______------___ dollars _ 16.76 18.02 17.\15 I 18.13 1 19. 43 19.37 21.16 21.05 : 22.26 I 22.69 I 21.64 Wisconsin ______rei. to 1925-2i__i------66.0 71.2 70.8 i 7L 7 ~2~~ I 76.4 75.7 82.8 : 84.9 86.7 ' 88. I , 84.3 Youngstu\vn di::;trict, wages of , steel workt'rs ______p. ct. of base scale .. ;1 107.5 I 107.5 107.5 101. s I 107. ·' 107 ..) 110.5 110 . .) 115. I) 115.0 ' 113.5 i '"'·, I ,,.. CONSTRUCTION I Building Costs I Building eusts (A. G. C.), 1st of , I month ______rel. to 1913 .• 1 18.9 ' 190 190 192 i 192 I 1931 195 195 196 197 ' 19[1 : 199: 200 Building costs (E. N. R.) 1st of I I month ______rel. to 1913 __ , 161.8, 162.5 1G6. 2 1 169.3 , 169.8: 171.41 171.4 174.4 187.2 189.3 191.6: 194.5 l 100.6 Building materials: I Brick house, 1st of month _____ rel. to 1913 .. , 163 161 .161 I 163 I 162 ' 161 I 163 164 166 167 : 167 : 170 i 171 Frame house, 1st of month ____ rel. to 1913 __ 1' 157 !56 156 I 158 I 156 : 154 156 155 158 160 ' 157 ' 163 ! 165 Construction costs (Am. Appraisal); Brick, steel frame ______rel. to 1913 __ 158 159 160 161 166 178 179 Brick, wood frame ______rel. to 1913 __ 1------'______166 , i l m· ~~~ 1 i~~ 179 192 : 194 Frame ______re,l. to 1913 __ 1______, 153 , i~~: ng 1 m 159 160 I 162 • 165 178 179 Reinforced concrete ______re!. to 1913 ... ______: 158 i 164 165 i 166 168 181 I 182 .F~cto~y costs (Abertha;l!) _____ rel. to 1914 .. 1______.,------i I 176 1 3 ;~g 1-----=~=-11, -----~~:_: 3 174 ------1------' ' 181 i------llmldm~ \olume (A. G. C.) ...... rel. to 1913 .• ! 43 61 79 1 119 , 126 ' 135 144 ! 140 137 78 il9 Construction Contracts Awarded i I Total construction, i I 27 I '31 38 491 55 59 59 63 65 66 77 79 T~~~~~st~~~iJ~?aii-types:rei. to 1923-1925..1 F. W. Dodge Corp.- Projects._------______. __ .number __ i 5, 208 4, 659 5, 951 7, 014 I1 8, 701 :I 9, 105 9, 242 10, 663 ' 10,806 11, 506 11, 888 ' 10, 788 7,629 J2, 299 , 12, 60J 1 17, 210 20, 519 I 30, 700 I 30, 068 30, 631 33,812 33, 651 38, 941 39, 380 37, 955 28,339 ~~~~ra~fo~_e___ ~---_-_-_-_-_-_-_-_\~~~~s-~rsJ.;Jg::l 89, 046 : 84, 798 i 136, 852 151, 1961 242,094 ! 251, 110 233, 106 285,997 316, 148 306, 079 ' 336, 925 369, 981 235,405 Public works and utilities: [ Projects. _____ ------_. ______.number_ . 1 595 ' 539 977 992 I' 1, 288 . 1, 800 1, 719 2, 048 2, 030 2, 141 1, 907 1, 681 1,080 Floor space ______thous. of sq. ft __ l 176 ' 300 230 737 1, 233 1, 117 387 ' 785 522 246 Valuation ______thous. of dolls __ , 28,281 24,056 50,307 47, m 82, mI 8.5. r3~ 72,964 116, 265 140, 780 108, 948 : 132, 993 151, 722 78,643 1 1 Resi¥~~~gfs~~i!~~~:::_~ !. ~~~:~: ____ .number __ j 2,817 ; 2,639 ' 3, 507 4, 257 I1 5, 268 5, o96 5, 141 5, 658 5. 972 6, 652 ' 7, 221 6,486 4, 520 Floor space ______thous. of sq. ft._j 6,071 I 6, 922 8, 753 10,958 1 15, 217 12, 992 14,124 15, 889 16, 913 21, 911 I 22, 633 16,559 Valuation. ______thous. of dolls._j 24,417 27,504 36,164 45, 290 i 60, 540 54, 553 GO, 208 63, 893 72, 745 88, 900 I 95, 896 1~:8~~ I 77,918 Contracts awarded, Canada ___ thous. of dolls .. i 14,803 12,738 11,257 24, 6421 28, 789 33, 658 26, 143 28, 055 ' '29, 793 36, 896 I 22, 708 27,312 2.'\,930 Engineering construction (E. N. R.): i Total public ______thous. of dolls __! 37, 192 i 51,073 76,489 82,031 105, 113 129, !57 82,453 148, 784 1:25, 737 122, 036 •. 176, 075 168,925 83,837 Water works ______thous. of dolls .. ! 1, 660 ' 1,231 2, 414 3, 316 3. 038 6, 390 1, 153 5, 536 8, 016 5, 248 1 10, 219 2, 542 3,110 Sewers ______thous. of dolls .. i 2,041 I 3, 208 4, 786 7, 590 , 5, 176 I 7, 733 6,059 5, 697 5, 370 3, 254 I 7, 727 11,300 3,043 Bridges, public ______thous. of dolls __ , 2, 388 3, 795 6, 789 6, 561 1 J.o, 81i : 9, 943 6, 909 28, 520 5, 786 11,801 : 9, 916 9, 752 2,477 Excavations ______thous. of dolls __ 1 225 323 558 642 I 1, 624 i 2, 365 1, 711 1, 180 1, 419 4,198 I 1,143: 1,122 l 1, 768 Street and roads. _____ thous. of dolls __ , 10,603 I 11, 140 26,427 18, 992 i 28, 703 • 29, 840 31,088 56, 511 : 1)2, 471 63, 167 : 81,623 ' 53,388 . 36,682 Federal Government..thous. of dolls __ , 8, 204 16, 416 16,620 22, 2241' 18, 821 2 41, 637 10,839 22, 560 ', :JO, 158 10, 340 26, 389 : 66,225 14,571 Unclassified, public ... thous. of dolls __ ; 2, 771 3, 289 3,370 8, 400 8, 108 4, 753 5, 9£0 4, !29 3, 965 5, 422 ' 8, 214 10, 247 5, 633 Buildings, pubJic _____ thous. of dolls .. i \J, 300 11, G21 15,525 14, 306 24, 826 26, 491 18,704 24, 651 18, 552 18, 606 . 30, 844 ' 14,349 16, 553 Total, private ______thous. of dolls __ : 39,454 39,796 43,642 56,727 119,060 47, 799 66,448 96, 326 70, 589 95, 797 ; 140,830 . 78,421 94,705 Buildings, industriaL.thous. of dolls __ ! 6, 512 8, 683 7, 995 8, 837 l 19, 141 10, 021 11,801 13, 663 13, 901 12, 606 : 22, 965 ' 16, 566 14,119 Buildings, commercial.thous. of dolls .. ! 26,345 27, 506 22,837 24, 022 I 86, 128 25, 446 33,256 55, 242 ·10, 986 54, 413 67, 444 I 46,123 ' 50,432 Bridges, private ______thous. of dolls __ , 0 '700 25 137 2, 250 25 6,248, 501 25' 0 Unclassificd ______tlwns. of dolls __ i 6, 597 2, 907 17,785 23, ~~ 1 13. ~~~ 11. ~~ 21,254 25, 171 15, 677 22, 530 : 50, 371 ' 15,702 : 30, 154 I I Fire Losses i United States_------__ tho us. oi dolls __ ij 39,825 39, 225 1' 40, 514 35,2881 35, 502 33, 203 31,918 33,025 :!3, 368 37 835 41,424 i 44,074 I 41,776 1 i I , Canada ______thous. of dolls .. , 3, 982 :3,418 :1 3, 707 2, 307 3, 510 : 2, 905 2.819 I, 999 12,427 3', 867 : 3, 602 I 3, 488 : 4, 689 Real Estate I1 :,: i Market ''ctivity _____ ·------rei. to 1926--1------64.5 59.0 6:l. 2 60.3 59.8 61.1 58.4 61.3 i 62.0 61.7 liO. 7 Highways Concrete pa\·emcnts, new contracts: 1 Total. ______thous. of sq. yds __ :. 3, 255 2, 524 5, 364 4, 361 4, 009 1 8, 702 7, 675 12,470 : :15,957 12,303 24,671 19,467 9, 403 Road. ______thous. of sq. yds._ 1 3, 084 2, 252 4, 215 3, 559 : 2, 482 I 6,182 5, 437 9, 309 I :13, 536 10,038 21,982 17,573 ! 8, 321 Federal-aid hi~hways: I : Completed- i I Cost______thous. of dolls._------_ 42, 087 ' 65, 340 i 53, 415 : 26, 799 26, 164 ' 1.3, 994 5, 059 9,100 5,826 9, 654 Distance ______... miles __ ; ___ . ______1, 435 2, 113 1,887 \!43 ' 1, 018 651 225 254 205 ' 188 Under construction, end of month_milcs._, ______7, 928 ' 9, 023 ' 10, 659 11,884 : 12, 207 12, 306 11, 229 9,56\)' 8, 277 : 7,489 PlJIILIC UTILITIES Electric Railways Average fares (272 cities) ______rcnts __ ·______. -· ___ _ 8. 114 8. 114 8. 096 8. 096 8. 096 : 8. 069 8. 069 8. 072 8. 072 s. 066 Passengers carried (232 co.'s) _thous. of persons--,---_ 740,461 1 794, 7os : 73!, o56 112, ooo 739, 6!7 787,453 831,183 843,669 861, so1 782,034 Operating revenue (all mil ways) : ------thous. of dolls ______56, 211 59, 704 55, ~66 55, 835 56, 981 no, 2'32 63, 718 64, 332 ~6, 023 60, 370 Gas and FJectric Power Electric power companies, gross i revcnne. ______thous.ofdolls __ , ______,, 1~3,050 180,610 !17~,630. 171,030 i 167,380 187,190 Hi8,510 171,550:176,210 175.840 182.280 z Re\·ised. ' Quarter ending in month indicatE1d. April, 1\):3:2 SURVEY OF CUHRENT BUSINESS 51 MONTHLY BUSINESS STATISTICS-Continued 1932 1931 E'arlier data for items shown here may ~----,-- be found in the 1931 Annual Supple- : Febru- ' Decem-' XoYem- , s t ' ment lo the Survey · ary January: ber · ber October: ege~m-, August July June May April March Febru- ' ary -'------:------,------PrRLW llTIUTIES-Continucd Cape Cod CanaL ______shorttons __ l 168,189' 178,121 ' 221,673 209,8641!221,3081197,997 1 1 186.414 ' 211, 172 203, 230 216, 559 203, 085 163, 186 165,789 Mississippi River Govt. barges.short tons __ , 112,700 I' 130,807 168,021 : 86,346 104,873 1106,931 104, 266 104,300 : 86, 016 99, 901 i 82, 465 82,970 69,572 Monongahela River .thous. oLshort tons .• i 723 . 780 : 891 998 I, 135 , 962 1, 042 1, 331 : I, 257 1, 508 ' I, 518 1, 535 1, 359 New York canals____ tbous. oLsbort tons--i------'------''------510 I' 505 1 587 425 506 : 385 457 ! 349 ' 0 0 Ohio River- : i ' Cincinnati district , ' 1 ______------.tho us. of short tons .. '------______, ______, a 315 3 290 !-- ______, ____ . __ __ ' 6.5 ll~,~~i-~~:~~-d~~~r!~~ous. of short tons .. , ______------______:______! '1, 193: 3 942 1------3 765 Louisville distric\h f h t t : I i , j 1 ______' ______: 3 969 3464 nm~~~~r,-~~:~~i~~elh.'i.~-~h~~t t~~~::,-ai9;266_'_338;7iiil463;i64'!'54s:64o_i_tioo;544-, 63s~ ~~~ -iiiii;5i4- -849;277-i 736, 1s1 i 685,526 , 713,200 , 545, goo 428,499 ______thous. of short tonS--!------'------: ______------3 2,135 !------· a 2,120! ______------31.184 l'anama Canal- i : 'I1 I I 1,645 1,594· 1,649• 1,578 1,7()3: 1,755j 1,789 1,867 1,759i 1,925:2,011 1,916i Totaltraffic ______thons.oflongtons .. : 1 I, 930 U.S. vessels ______thous. of long tons .. : 628 652 ·i 744 676 • 930' 884 1 859 820 R28 i 937 i 929 I fl\0' 864 British Yessels ____ thous. of long tons .• · 471 ' 412 1 405 ' 371 I 327 j 318 · 378 456 453 · 421 , 436 429 : 448 ~t. La;vrence <;'anaLthous. of short tons--.:------+------, 32, 6641 795, 711 714 717 920' 1,166! 319 0 I 0 t Weiland Canal______short tons .. -:------'------i 103,9.54 954, 773 • 821,454 968,763 972,976 871,513 ,1,015,4691 :1,165,853, 370,003 0 0 Ocean traffic: 'I 1 Clearances, Yessels in foreig-n trade- .1 TotaL ______thous. of net tons .. · 4,932, 4,910 1 4,866 5,605 6,4()1 6,837' 7,163 7,53() i 6.543 6,539 5,907 1 5, 044 4,972 Alllerican ______thouo.ofnettons .• ' 1,774 ~ 1,781 I 1,729 2,2\lll 1 2,420 2,478' 2,734 2,742; 2,241 2,525, 2,092 · 1, 773 1, 695 Foreign .. ______thous. of net tons •• i 3,157 ! 3,129 :j 3,137 ' 3, 309 1 '1, 041 4, 359 4, 729 / 4, 794 1 •I, 302 4, 014 3. 815 3, 271 3, 277 Pas.1~~~~'li~~~~~ abroad- i i .I !mrnigrnnts ______number __ ,______2, 220 !I 2, 642 2, 899 1. 3, 913 : 5, 017 : ·!, 090 , 3,174 3, 534 I 3, 799 3, 470 • 3, 577 3,147 1 1 1 Dep~~~~:.~;~~-~~'c!~izens ______number.+------' 17,158 I 16,932: 16,823 1 32,427 • 62,581 59,372 30,944 i 25,5q8: 22,518 28,281 :J4, 861 27,508 1 Emigrants ______numbeL.I------. 8,550 10,727 i 11,3181' 10,857 8,733 9,541 7,428: 5,893! 5,616 5,647 4, ()93 : ·1, 720 unitert Stntesciti7.ens ______nnml>er.+------25,016 24,3.51 i 23,224 35,016 42,2-17, 65,895 4~,96~ I 29,579: 23,242 24,418 32.278 I 33, 172 Passportsissued ______number.. 6,475 6.442 5,513 6,622 7,345 8,812: 10,749 11,66• i, 27,()89 2~.513 21,466 i 14.328 7, 255 Pullman Company operations:. i I 1' Hevenue.-----:------thous. of dolls--;------4,530 4,852 4,238 4,499 5,409 · 5,5()4 5,413: 5,470' .1,055 5,238 4,894 5, 346 Passengerscnrr1Crt. ______thousands .• ______, 1,643 1,677 1,526 1,674 1,969 2,091 2,023 · 2,051! 1,300 1,986' I. 966 1, 919 1 Trend of business in hotels: 1 , i I AYemgosalcperoccupiedroom ___ doJIJrs .. 3.46' 3.38 3.39! 3.56 1 3.51 3. 55, 3.64 3.55' 3.58 3.50 3.73 3.63 3.84 Room occupancy ______p. ct. of capacitY--: 56 ' 60 52 : .')() 60 . 58 54 54 56 61 63 61 M Steam railways: i 11 E']nipment- I I l"reight cars- ! I In bad order, end of month- I I Qnantit.y ______cars __ i 206,461 195,462 ,: 187,()6() 196,324, 194,948 194,127 187,585 181, 702 i 172, 776 170, 165 I 162. 966 1()2. 117 153,606 Ratio to total cars ___ per cent..[ 9. 6 9-,0 : R. 7 9. 0 i 9. 0 8. 9 8. 6 8. 3 7. 9 7. 7 7. 4 i. 3 6. 9 ! 46 2, 768 2,166 24 ~~~~J~~~ct~iffi()il[h=-:.-----cars __ ,______1v 9 11 798 1 3 534 ' 443 ' 072 2sl ! Quantity ______thous. of cars._•______2,191 2,193 2,205 i 2,211; 2,216 2.220 2,224 2, 2z9 1 2, 244 2, 24() 2, 251 2, 253 Capacity ______mills. of lbs .. :------205,712 205,913 206,842 207,290 :,· 207.638 207,947 208,207 208, 579 . 20\J, 64.5 209,958 210, 102 210,235 Shipments- 1 TotaL ______cars __! 10 320 i 546 150 404 : 780 524 341 611): 6\S ' 1,082 702 633 Domestic·- ______cars __l ______252 542 150 404 : 776 499 341 555 ; 6·16 1,082 657 533 unfilled orders (railroads)- ! 'l'otaL ___ ------______cars __ !------3, 650 5, 042 4, 252 4, 610! 5,100 5, 746 6, 466 7. 179 i 6, 5S5 7, 042 7, ·184 8, 637 Of manufacturers ______cars __ [______259 l, 340 220 314 1 53-l 8611 ' 1, 336 : 2, 070 1, 599 2, 176 1, 5fl\l 2,2ffl In railroad f1hops ______cnrs __ : ______3, 391 3, 702 4, 032 4, zg6 1 4, 566 4, 880 ' 5,130 . 5, 109 4, 986 5. 3()() 5, <)15 6, 430 Loco!notives- I n, !·,\ports. steam ______-- _____ number __ ,------__ 0 .· 0 0 11 0· 21 3' 5: 'Revised. s Qu:1rter en(1ing in month indic:1ted. 52 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS-Continued I 1932 !I 1931 Ea;f:%::::~ai~o~~;e;;;Is1~~~a1es~p';f!~ ~----~----·11 ' ' I I I I I I I I ment to the Surveu ------~~-F~~~u- \January ,: Db:rm- ': Nb~~m-tctober Seg!~~-~~ugust .~~ -~u~ -~lay_ April_!.' March 1.-F~~~ 1 1 PUBLIC UTILITIES-Continued :i 'I i : : I I I •rransportatlon-Continued I . ii , [ ·1· ] ] < [ 1 Steam railways-Continued. 1·',· 't • . . Locomotives-Continued. , I ~~ ~,. ~~ In bad order, end of month- 1 I I II j ' 1 Awaiting classified repairs j 1 1 I I ------number..! 7, 814 7, 331 6, 990 I 6, 836 1 6, 485 6, 310 6,173 5, 913 5, 938 5, 910 5, 958 5, 967 5, 734 Ratio to total locomotives I 1 ------Percent..! 14.7 13.7113.0112.7 1 12.0 11.7] 11.4110.9 10.9 10.8 10.9 10.9 10. 4 Installed ______number .. j 40 51 68 53 61 51 1 95 i 66 114 94 ·67 77 86 New orders ______number .. l______0 1 11 I 20 0 1 , 6 I 3 2 151 7 8 8 Retired ______number __ , 102 285 46 I, 81 139 113 i 122/ 108 291 182 151 161 1~8 1 Owned, end of month- I' 1 Quantity ______number..l 54,166 54,228 54,462] 54.861 54,889 54,967 55,029 1 55,056 55,098 55,278 55,366 55,4.'0 Mi, .~.34 Tractivepower ....•. mills. oflbs .. 2,487 2,489 2,496[ 2,509 I 2,509 2,512 2,514 j 2,513 2,513 2,518 2,520 2,522 ~\ 525 8 1 Ship.j\,~::} ~-~~~~r~_c_t~~':_"~-~?;~~b~~-~ sl oI 2 1 7 i 12 7 I 16 i 161 23 26 JO Electric, domestic ....•.. number.. 0 • 0 2 1 1 i 3 3 I 1 ' 4 4 0 5 Steam, domestic ______number __ 1 o 0 I 6 8 4 i 2 1 11 19 26 5 Shipments, electric locomotives-- 1 ' · I , , • 1 j ______: ______Industrial (quarterly) ... number __ , ______, ______1 g ~.·.------_--_-_1 ______-_-_-_-_-- .. a 3 l a 4 3 li 1 2 3 37 3 82 unflW~d'~~~e~~~~~r;;IJs);;;;;d'~t~~~:-..::1·------+------~ ~ :------+------1 • co or manufacturers ...... number .. , 30 30 30 I 0 1 15 15 I 16 I 18 20 31 60 In railroad shops ______number .. 1 6 8 91 10 4 12 13 1 14 16 20 2f. Unfilled orders, manufacturers' ( Cen- I I -- I I TotaL ______number ..! 173 178 177 I 165 1471 158 115 1 132 142 84 115 12-'l Electric, domestic ...... number.. 130 130 130 132 132 135 88 1 93 93 18 14 1 I 19 Steam, domestic ...... number.. 32 33 321 21 7 14 18 ! 20 30 47 81 Passenger cars- In railroad hands, end of quarter I 1 ______number __: ______------1 ------3 50,958 ___ ------:-.------a 51, 136 3 51, 4R9 ~hi;ri:~~~~~------cars .. r ______30 , 0 1 0 0 0 0 : 0 0 o o 'l'otaL ______cars__ 1 0 0 1 2 i 0 21 13 3~ 24 Domestic ______cars .. ]'------0 I 2 1 0 0 I 13 38 24 Unfilled orders, end of quarter i 1 3 Financial Canada ...... thous. of dolls ..... ______! 27,732 1' 31,688 32,611 30,158 28,265 29,352 30,480 30,934 30,912 30, f\13 United States- [ i 'l'otaL ...... thous. of dolls .. ______275,371 : 288,631 1305,385 363,206 350,335 364, 525 377, 146 369,810 369,020 369,652 37o, 149 3:311.632 Freight...... thous. ofdolls .. 1 ______208,492 II 214,443 238,459 289, 193 270, 239 280, 103 290,348 ~~81, 261 283, 161 283, 711 291, 289 2Si, 521 Passengers ....thous. of dolls __ ,1 ______38,024 I 40,577 35,904 1 ~a ~m -~ ~m ~~ -~ ~m ~~ 46,455 Operatingexpenses.... thous. of dolls .. !______229,548 !. 241,4391238,507 2G1. 247 258, 223 269, 463 280, 127 280, 145 288,067 290. 618 291. 582 272, llf. Net operating revenue, Canada I 1 , ______thous. of dolls-.1------...... 1 3, 962 ! 7, 676 7,363 5,036 1, 871 2,049 1,898 2, 166 3, 640 3, 112 ))2 Freight cars- I '' ] Carloadings*- I '[ 1 'l'otal ...... thous. of cars.. 2,245 2,270 '. 2,273 1 2.620 3,813 2,908 3. 747 2, 931 2,992 3, 736 2,986 2,940 '2 834 Coal and coke ...... thous. of cars__ 485 483 'I 494 ' 507 755 516 617 452 465 611 486 555 • 584 Forest products .... thous. of cars .. : 77 73 .·.1 71 I 87 123 104 138 106 125 165 130 138 138 Grain and grain products ' 1I .------thous. of cars .. j 137 124 I 112 I 145 193 149 228 220 140 180 151 153 165 Livestock ...... thous. of cars__ 76 88 !I 87 ' 104 145 96 106 71 75 106 85 79 88 Ore ______thous. o_fcars .. l 11 12 . 15[1 25 102 121 175 139 119 80 29 23 22 Merchandise, I. c. Lthous. of cars._! 732 747 ,I 742 806 1,081 841 1,069 830 87n 1,097 899 886 842 Miscellaneous ...... thous. of cars .. 728 742 'i 753 1 946 1,415 1,081 !, 413 I. 113 1,192 I, 496 1, 206 1, 105 '995 Car surplus (daily average, last week :1 i, ofmonth)- : !j 'l'otal ______cars .. l721,615 741,8~4 , 750,696 659,346 535, 254 564,284 573,680 1 564,068 599, 282 615,924 602,832 621, 509 fl50. 964 Box ______cars .. ! 3()6,620 3SO, 777, 1 401,332 340,502 290, 3(;9 293, 42'! 302, 887 ' 288,414 306,443 306, 319 282, 315 298,837 32'!, 938 CoaL ______cars __ : 278,722 283,440 ·I 268,669 249, 193 185, 442 209,765 206, 240 211,044 224, 120 238, 504 251,679 252, 825 2.>3, 515 Operation results- , ~ 1 Freight carried 1 mile-- I I ' Canada ___ ..... mills. of tons..!------______ij 1, 878 2, 805 2, 927 2, 057 1, 636 1, 770 2, 207 2,178 2,136 2.104 1.951 United States ..tmlls. of tons .. :______..... : 22,663 25,086 30,588 27,847 29,348 30,276 28,258 30,014 28,710 29.960 27,079 Pass~ngerscarried lmile.millions.+- ______1 ;i 1,641 1,468 1, 541 1.900 2, 077 2,116 2, 034 1, 870 1, 831 1, 758 1. 747 Rec.mpts per ton-mile ... _.. cents __ :------+ ...... -,1 1.().17 1. 035 1.046 1.049 1.041 1.051 1. 090 1.054 1.093 1. 074 1. 049 FINANCE I I ·I Agricultural Finances I Loans outstanding, end of month: Federal land banks ...... mills. of dolls .. i 1, 1541 1, !58 1, 163 1,167 1, 171 1, 174 1, 178 1,179 1, 182 : 1,184 1, 185 1, 187 1,187 •Federal Intermediate credit banks i 114 118 120 124 124 130 133 137 137 , ------mills. of dolls .. 1 131 138 138 128 Joint-stock land banks ..... mills. of dolls .. ! 520 525 5~0 535 540 545 548 551 532 : 53fl 540 544 54~ Banking ! Acck\ptances and commercial paper: I Bankers acceptances outstanding- 'fr~~1tiy -FeZl~rai -ieser\:~~~~k~:_dolls_ -~------·-· 961 974 1.002 1, 040 996 1,090 1, 228 1,368 ' 1, 413 1, 422 1, 467 1, 52u For own account...mills. of dolls __ , 76 '119 305 418 t347 420 70 39 95 124 1G2 12'3 &.; :For account of foreign correspondents i I ------.mills. of dolls .. ! 312 314 251 1261 99 100 228 243 341 380 409 431 o!-.'6 Held by gnmp of accepting banks- 1 Own btlls ______miiis. of dolls __ ,______159 131 125 . 112 162 168 232 196 1il 125 131 !51 Bills bought______mills. of dolls . .! ______174 131 171 118 248 439 436 357 293 285 341 398 IIeld by others______mills. of dolls . .' ______195 !56 162 63 66 185 278 379 444 441 441 430 Commercial paper outstanding , ______mills. of dolls .. ______98 118 174 210 248 271 28~ 292 i 305 307 311 315 Bank debits: · Canada ______mills. of dolls ...... I 2,071 2,638 2,842 2, 587 2,451 2, 244 2,400 2, 694 3. 172 2, 786 2, 570 2,535 New York City ______mills. of dolls__ 14,381 17.676 19, 233 14, 4f>4 20,678 20,073 17,501 21,007 ~"· 893 25,072 26,821 27,589 20,948 Outside New York City ... mills, of dolls .. · 12,870 15,893 17, 112 14,605 18. 125 16,627 16, 526 18,444 19,406 18,858 19,620 19,421 17,084 Outside New York City ...rei. to 1923-25. -~ 65. 2 80.6 SR. 7 74.0 91.9 84.3 83.8 93.5 98.4 95.6 99.5 98.4 86.6 • Data for l\Iay, August, and Oetobcr, 1931, are for 5 wePks, other months 4 weeks. 'Rerised. a Quarter ending in month indicated. April, 1932 SURVEY OF CURRENT BUSINESS 53 MONTHLY BUSINESS STATISTICS-Continued 1931 Earlier data for items shown here mag ~~~-~ ______------c----,-- 1 1 be found in the 1931 Annual Supple- I F b D IN I s t I I F h ment to the Surveil :r~u- January 1'!:'rm-l b~~m-~ October I ege;m-i August I July \ June ; May April March I :r~u- FINANCE--Continued ~------~------~---~---~---~---~------ Banking-Continued 'I I i Brokers' loans, end of month: I Bv N.Y. F. H. member banks I I ~------mills. of dolls.. 495 505 591 720 869 I, 172 I, 366 1,390 1,479 I, 539 I, 730 i I, 875 I, 798 Ratio to market value ______per cent.._l I. 90 1. 94 2. 20 2. 35 2. 33 3. 23 3. 04 3. 03 2. 93 3. 37 3. 40 3t8 3. 22 TotaL ______mills. ofdolls .. l 525 512 587 I 730 796 1,044 1,354 1,344 1, 391 I, 435 1,651 I, ~09 1,840 1 Federal reserve banks: , 1 Bills discounted ______mills. of dolls.. 828 899 638 i18 728 328 255 195 149 174 157 250 198 1 1 Member bank reserve account 'I ' ______mills. of dolls__ 1,849 1,947 1,961 2,051 2,167 2,3641 2,373 2,367 2,381 2,389 2,371 2,428 2,343 Notes in eirculatio!J------mills. of dolls__ 2,651 2,665 2,624 2,480 2,429 2,098 1 963 1, 765 1, 723 1,580 1, 535 1,486 1,478 Reservebankcredtt. ______m~lls.ofdolls __ 1,709 1,856 1,853 1,931 2,184 1,~781 1:255 976 943 917 937 990 925 Totaldepostts ______mtlls. of dolls__ 1 I,G37 2,093 2,125 2,252 2,380 2,<>06\ 2,632 2, .527 2, 504 2, 442 2, 434 2, 506 2, 399 Total invcstments ______mills. of dolls .. [ 849 899 1,156, 1,169 1,408 1,211. 943 751 773 724 761 ' 723 768 Totalreserve ______mills. of dolls .. [ 3,140 3,169 3,1581 3,080 2,903 3,301 I 3,619 3, 597 3, 576 3,413 3, 334 : 3,296 3,244 Federal reserve mcmb~r banks: . ' I Nctd~manddepostts ______m!lls.ofdolls .. 11,003 11,166 11,871 12,199 12,449 1 1~,227 i 13,244 13,473 13,688 13,605 13,664 • 13, 748 13,614 Total mvestments. ______mtlls. of dolls.. 6, 935 7, 149 7, 428 7, 506 7, 700 1, 916 . 7, 665 7,810 7, 795 7,807 7, 903 . 7, 551 7,183 Total loans and discounts __ mills. of dolls__ 12, 588 12,830 13, 104 13,350 13,521 14, 191 ! 14,398 14,486 14,691 14,730 14,993 I 15,382 15,464 Interest rates: ' Call loans, renewaL ______per cent.. 2. 50 2. 65 2. 70 2. 50 2.10 I. W I 1. 50 ). 50 1. 50 I. 45 I. !;2 I. 55 1.50 Federal land banks ______per cent._ 5. 63 5. 63 5. 63 5. 63 5. 63 5. 63 I 5. 36 5. 63 5. 63 5. 63 5. 63 5. 63 5. 63 Intermediatecreditbanks______percenL. 5.43 5.34 5.06 4.50 4.061 3.81 I 3. Sl 3. 81 3. go 4. 00 4. 00 4. 00 4. 00 New York Federal Reserve I Bank (discountrate) ______percent._ *3.CO 3.50 3.W 3.50 *3.f>O 1.50! Lwl 1. 50 1. 50 *I. 50 2.()0 2. 00 2.00 Prime bankers' acceptances _____ per cent._ 2. o2 2. 88 3. 00 3. 07 2. 50 I. 07 . 88 .88 . 88 2. co 1. 50 I. 50 I. 44 Prime commercial paper (4-6 months) _ _ , 1 3 88 3 8 2. 00 2. 00 2. 00 2. 00 2.13 2. 3R 2. 50 2.63 Ti-meioaris~-ood;ys:::::-~:-::::f,~~~~~LI ~-~~ 3.75 3.5o ~:gg ~:~~ I. 63 1. 38 I. 38 1. 50 I. 7.1 2.00 2. 13 l. 88 Savmgs d<'POStts. I New York State ______mtlls. of dolls. 5,239 .),236 I 5,255 5.2131 5,217 .0,231 5,173 5,1411 f>,ID6 fi,OS3 .),059 ,;, 018 4,ns 1 Uni~~P~~~}~~-~~~~~~~~~-i~_11~~~:c~ d:,ns __ l______------~1------______H6,019 72,011 n,774 62,047 43,f.Oii 3I,R22 32.C61 29,337 31, 35:) Wtthdrawals ______thous. ofdolls--1------__ ----- i------27,846 24,811 23,o32 27,007 21,ll7 20,568 20,944 18,638 17,648 Balance to credit of depositors • .... ·~ 1 _ ~ _ • ? r. , 1 ------thous ofdolls-\683,621 6o8,081 ;,95,634 5.5,o60 -o36,660 468,908 422,699 372,457 347,417 325,028 313,775 302,638 292,0f.~ Balance on depostt in banks ; ______tbous. ofdolls .. j 602,317 570,525 512,300 464,841 '449,933 391i,725 365,798 329,655 306,120 289,034 27R,304 267,790 255, ~r;~ 1 Business Failures Firms (United States): Banks ______number .. i 115 '342 358 175 522 305 1.08 93 167 91 64 o6 77 Total commercial______number .. j 2, 732 3,458 2, 758 2, 19;j 2, 362 1, 936 1, 944 1, 983 1, 993 2,248 2,383 2,604 2, 563 1 602 688 591 519 614 449 427 520 449 552 515 582 583 ¥r:3~ :S%l~~km.~;;t;:~::::::::::g~~g~~::i 2,002 2,595 2, 013 1, 545 1,605 1, 374 1,381 1,322 1,435 1,570 I, 710 1, 843 1,831 Agents and brokers ______number --i 128 175 154 131 143 113 136 141 109 126 1.58 179 149 By groups- : Manufacturers- I TotaL ______number __ i 602 688 591 519 614 449 427 520 I 449 552 515 582 583 Chemicals. ______number --1------22 14 12 11 13 9 13 I 7 12 9 5 13 46 48 40 50 40 30 341 64 43 38 37 37 {~~f~~~_ff_s_-_: ::::::::::: :~~~g:~ ::[ ::::::::: 25 20 11 18 14• 18 16 14 12 23 14 Liquors and tobacco. ___ number__l ______12 15 14 10' 7 6 iZ 4 6 9 9 Lumber __ ------.----number ______82 6~ I 62 54 49 52 39 57 ' 65 75 61 72 Printing and engraving .. number______1 _ 28 29 24 32 23 14 17 21 l 27 10 27 15 Stone, clay, and glass ___ number __ ! ______1 12 11 18 9 6 6 13 9 .5 I 4 133 116 82 81 64 61 75 5~ ! 78 78 79 96 ~e~~J~~: :::::::::::::: ::g~~g~~ ::! :::::::::1 75 1 49 64 55 32 . 49 49 37 ! 50 55 52 54 All other ______number .. •------~ 253 235 191 290 198. 181 258 167 ! 250 227 282 269 Traders- I TotaJ. ______number._! 2, 002 2, 595 2,013 I, 545 1, 605 1, 374 ' I, 381 I, 322 1, 435 I, 570 I, 710 I, 843 I, 831 Books and paper______number __ ; ______37 16 19 18 15 ' 12 19 20 19 18 28 19 Chemicals and paints ___ nurnber --1------120 142 114 .112 90 ; 109 86 108 98 107 93 Clothing ______number_.: .. ______701 421 289 284 273 . 220 257 2~~ I 295 351 400 381 Foods and tobacco. _____ number__: ______556 591 411 447 353 441 363 360 ' 401 451 441 438 General stores ______number __ !______195 159 124 105 87 I 78 66 89 88 109 152 131 Household furnitnre _____ number __. ______536 343 260 260 234 23.5 239 243 357 297 358 407 All other ______number. ______450 341 328 379 322 286 292 404 ; 302 386 357 362 Firms (Canada) ______numher..' 200 293 263 275 256 230 164 223 174 . 196 200 213 253 Llahilities (United States): Banks. ______thous. of dolls .. 60,047 225,474 277,051 67,656 471, 3SO 233, 505 . 180,028 40,745 190,480 • 43,493 41,683 34,320 34,616 Total commerciaL ______thous. of dolls .. 84,900 96,860 73,213 60,660 70,660 47,256 i 53,025 60,998 51,656 53, 371 w, 868 60,387 59,608 Manufacturers ______thous. of dolls .. 33, 879 31,680 22,454 26, 112 26,334 14,857 . 16, 967 20,586 21,909 18,506 18,719 24,072 25,304 Trade establishments_ .... tl10us. of dolls .. 41,005 54,505 38,386 27,229 29,486 24,658 25,848 28,091 25, 9:l4 25,069 26,386 30,348 ao, 852 Agents and brokers ______thous. of dolls __ 10,016 10, 676 12.373 7, 318 14,841 7, 741 10,210 12,321 3, 813 9, 796 5. 763 5, 967 3, 452 Liabilities (Canada) ______thous. of dolls __ !'l,049 4, 226 5, 771 6,300 3,170 4, 540 2,138 3, 345 3, 504 : 2, 77fl 3, 753 3, 705 3,012 Dhldend and Interest Payments Grand totaL ______mills. of dolls __ 594 . 443 998 671 1 558 747 533 490 946 762 . 560 749 526 Dividend payments: TotaL ______mills. of dolls._ 196 403 231 1 251 288 233 245 387 346 ' 292 314 3!l i 287 Industrial and miscel- laneous. ______mills. of dolls .. 143 300 180 183 225 174 . 170 267 237 : 213 236 23G : 210 Rteam railroads ______mills. of dolls .. 29 43 29 32 36 27 34 42 34 . 33 38 46 . 43 Street railways ______mills. of dolls .. 8 12 11 11 9 6 6 11 8 9 7 9 Interest payments ______mills. of dolls .. 247 595 440 307 459 300 245 559 416 268 435 284 . 239 Foreign };xchauge Rates America: Argentina ______dolls. per gold peso __ , . 582 , .)83 1 . 585 . 588 . 520 . .597 . 646 . 699 . 703 : . 707 . 765 . 780' . 719 BraziL ______dolls. per milreis __ .062 . 062 . 062 .062 .056 .059 ; .064 .072 . 075 : . 067 . 073 .079 ; .086 Canacta ______dolls. per Canadian dolL_ .873 .851 ' . 827 .890 .891 . 963 ' . 997 . 997 . 997 . 999 I. 000 1 000 . 1.000 Chile_ ___ dolls. per I•arer reso .. .121 .121 .121 .121 .121 .120 i .121 .121 . 121 .121 . 121 :121 i .121 Asia: Japan ______dolls. rer yen __ .343 . 360 . 435 . 493 ' . 493 . 493 . 494 . 494 .494 . 494 . 494 . 494 . 494 India ______dolls. per ruree._ • 2GO 1 . 258 . 254 . 280 . 287 . 339 ' . 3fi9 . 360 . 360 . 361 . 361 . 361 .359 Europe: Belgium ______dolls.perlJelga __ .139 .139 .139 .139 .140 .139 . J:l9 .140 .139 .130 .139 139 . 13\l England ______dolls. rerlb.sterling__ 3.46 3.43. 3.37 3.72 3.89 4.53 4. 86 4. 86 4. 86 4. 86 4. 86 4. 86 4. 86 France ______dolls.),er franc__ .039 .309 .039 .039 .039 .039. .039 . 039 . 039 . 039 . 039 . 039 . 039 Italy ______dolls. per lira.. .052 .050, .051 .052 .052 .052 i . 052 . 052 . 052 . 052 . 052 .052 • .052 Netherlands ... ______dolls. per guilder._ .404 .402: .402 .402 .404 .403 i . 403 . 403 .402 . 402 . 401 . 401 . 401 Fweden ______dolls. per krone__ .193 1 .192' .187 .207 .231 .2611 -268 . 268 . 268 . 268 . 268 . 268 . 26S bwitzerland ______dolls. rer franc... .195 I .19.1 I • 195 .195 . 196 .195 ' .195 . 194 .194 . 193 . 193 .192 ! . 1~J:) • Rate changed Dec. 24, 1930, l\Iay 8, Oct. 9, Oct, 16, 1931, and February 26, 1932. 'Hevlsed. 54 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS-Continued 1 193·z If 1931 18 1 Ea~~e;,:/~~al~"~~!e;;; ~':,~;~a?e;~P';fe~! Febru- jJ---:-.i\De<'em-il\"ovem-1 , . !~ep1em-~ 'I 1- 1 < Jl . mer:t to the Survey l ary : nnu"r) li her j ber I October 1 b~r August July ! June \, ny April l \larch I y~~~u· -----·FINANCE-Continued .----· :-- ~,---~---~---~----~---~---I--~---~------;--- Gold and · 1 \ 1. : I i,. I 1. I I ~ih'el' 1 1 1 Gold:Dorn{·~ticrrcciptsatmiut_ ___ fineotn1cc;;; __ i \H.i04 &9,jt<-5l! 12:1.flf,,J I 13i,77fJ I123,748 112R,fJ2o 115,343 I 118,123,114,651 I 95,1331' H3,t112l ..;.;),tWI s~. 717 Fxpmts ______thou,.of 3 1071------6i~~:X?~\i~a!t~ii~;;;_=_=-~~::::::~m~: gi ~~!It :::::::::1::::::::: ::::::::: ::::::::: :=:::::::1 ·h~ ::::::::: ::::::::: ,/~~ :==:===== :::::::::1 3 81 ------ ,169 1------'l'ekphoncs. --~;~~~~:;~:~~mills. of dolls..'~~------l------~~~.l------'67 ___ ------3 72 ::::::::: :::::::::1 1 f ..At-HJciation of Life In~urance l 1residents} i 1 ' Admitted life insurance assets (40 cos.): 1 i 1 OranUtotaL ___ ~------mills.ofdolls__ ------' H),3{)6 Hl,2~S 16,227 16.1:{5 l6,0i0 15,~ 1 7~ 15,~71 15,769 1.~,662' 1.\ jj:~ ] ;;, 474 \ f ortg:we loans- I 'l'otaJ. ______mills. of dolls .. ______fi. :lo2 6, 387 6, 37~ ti, 363 H, 359 (i, 353 6, 356 6, 345 6,332 ,;, 330 ! ti, 323 Farm ______mills. of 1 3 2 1 9 1 Eorlia data for items shown here may \..... -- ~ ...... -~~------· -~--~----__:.._'______.. ___ _ 1 be found in the 1931 Annual Supple- . Fehru- ~ Ji Decem-: ~ovem-: . : Septen1- l June 1.: !via:v.· Fcbru ment to the Survey 1 ary 1 January fi ber her OcwlH~r ber August July vry 1 1 ~---i: ,---·· .,.. '' __ ,- ·---· --· FIN ,\.NCE-Contiuued I 1: I Pu blie J<'lnance I~ I I 1'· I Customs reeeipts ______thous. uf dolls __ : 2i~, HH ! 27,180 I 26,549 27,44.1 ! 35,175 35,500 I 38~ 240 3 i) 480 I 28,107 Expenditures chargeahle to ordinary j . j I! receipts ______thons. of dolls __ : 370,985 1 2:~2,o:a :1 862,348 202,tl52 416,472 35G,(i30 323,838 37.5, 1~13 285,892 : 432,306 ' 720, :?;)(i 1!11,425 Government debt, gross, end of . , i i ! month ...... nnlls. of dolls .. • 18.12f. I 17, 8W i· 17,825 ! 17,310 17,292 17,321 ]f), 804 I Jr., 802 lli. 80J W. 0:27 1(;, f;t;5 Hi, FiS3 16,231 Total ordinary receipts ...... thous. of dolls .. [ U7, 140 1 107,748 I':. 342,271 106,301 134, 649 3fi8, 792 12~. 141 131,706 512, 89-1 124) 405 ' 148, 208 ; 433, 301 118, 614 United States money in eir- : 1 C!llation ______mills. of dolls __ I 5,U27 1 5,645 li 5.611; 5, 518 5, 478 4, 9•17 4, 831i ' 4, 750 ' 4, 679 -1, G47 4, 590 4, 598 Stockholders Ameriean Telel)hOIJe & Telegraph Co: : i: DomestiC---~------~-number __ 1 i , 3(i3,.., :l>\() ' ~GO:"!;-.~:, 1 ______• ______~,wr.. :t!:! ______. ______;JJ;i4~}1lJ.) Foreign ______nurnber __ . ~~=i======~!: 3t;~ !i-l7 ---,------. ~ r' 8~0 i- ~ ~- -.,- · 0 r J~r) :[ :: : I : •. ·- :_:_; .: :__ ·-·· •. ::. .• .: .. .. ,·_ ·_ -- -- _· .--. -- _··. _:_: ••••_ _:_ •.. :~~~~i~:~:Z;;~;;:;~;;;;~::t;:~g:ci~~:~~------~==:::::::::::::::::~~;::e~;:: :::.:::::t::::~::::ihuz~ii•~;~ ~j :::::: __ ~-·_ .:;:•_•:~:~:·:~1::,;~2IJ···a;~;;o'J·~~·~III-- _ .. __ ~:· ___ ~:- ~-~·~·-·::___ _ ~-·=~-··=~-· __ ::,:,:~2lJ•• . ~.:"::"~ ~(·-~.·~ _ ..... ·:.~·2_1:.·.-."4~.::0 _ ~~ ~,', Shares held by brokers..... p. ct. of tot;lL ...... I...... J • 13. 2V f ..... 1 1 Stocks and Bonds I I I [ BONDS Bond prices: i 1 : Combined price I ~ index...... p. ct. of par, 4% hond •• i 57.23 57. 47 53. 23 I 64. 08 65. 06 I 72. 24 77. 05 I 80.99 79.07 80.48 80.86 82.29 82. Oti Highe.st-grade rails.p. ct. of par, 4% hond . .i 75.30 76.95 75.29 83.73 84. 35 92.70 95. 141 97.70 97.73 97.68 96.11 96.31 96.41 Jndustr!aL ...... p. ct. of par, 4% bond .. 1 48.84 50.04 47.37 56.31 55. 48 61. 60 65.82 67.75 64.36 65.70 68. 15 70.83 70.72 Public utility .....p. ct. of par, 4% bond .. i 66.23 66. 09 65. 84 72. 15 71. 93 78. 40 82. 81 83.68 82.76 80.91 80.06 79.59 79.00 Second-grade rails.p. ct. of par, 4% bond __ , 47.52 46. 54 39. 11 53. o2 56. 49 64. 11 10. 76 I 80.34 78.51 82.54 84.03 86.58 86.39 Bond prices, 1st of following month: i 50 domestic bonds ...... p. ct. of par. .i 89.49 88. 18 88. 19 91. 72 92. 96 96. 32 99. 98 . 100.38 100.25 99.89 100.12 100. 15 100.27 40 representative issues ...... p. ct. of par --1 51.45 49. 63 45. 61 50. 20 56. 10 53. 98 71. 02 72.32 83.84 81.01 85.30 88.03 86.67 5 Liberty bonds ...... p. ct. of par•• : 99.16 •m R23 moo mfi ~~ m04 106.09 106.30 106.84 105. 77 105.37 104.85 Bond yields: ' 1 Industrial (15) ...... per cent..; 7.02 7. 11 7. 24 6. 08 6. 21 5. 64 5. 2611 5.13 5. 25 5.24 5.10 4. 98 5.01 Liberty and Treasury honds ....pcr cent .• : 4.12 ~fi ~n ~oo ~n ~a ~M 3.32 3.30 3.31 3.38 3.39 3.40 Municipal (15) ...... per cent .. ' 5.40 ~28 ~- ~~ ~M ~00 ~88 3. 88 3. 76 3. 75 3.80 3.89 3.95 Municipal bond yield (20) ...... per cent..i 4. 96 ~- ~~ ~~ ~M ~06 ~85 3.86 3.84 3. 74 3. 85 3. 90 4. 03 Railroads (15) ...... per cent .. ; 5. 78 5.70 5.86' 5.17 5.14 4.66 4.471' 4.32 4. 32 4. 27 4. 33 4.27 4.27 U. S. Treasury notes and certificates, : 3-6 mos ...... per cent •• , 2.42 ~• ~n 1.n 1.m .~ .a . 41 . 55 .88 1.49 1.38 1.06 Utilities (15) ...... per cent..· 5.49 ~• ~2il ~~ ~n ~50 ~w 4.42 4. 46 4.44 4. 46 4.48 4.54 •rota!, 60 high grade...... per cent..i 5.92 5. 86 5. 81 5. 19 5. 16 4. 70 4. 50 4. 44 4.45 4.43 4.43 4.41 4.44 Long-term real-estate bonds issued: : Grand totaL ...... thons. of dolls .• ! 0 1,075 3,185 2,619 9,125 66, 7R5 2,100 775 3,425 9,485 7, 235 2,015 3,590 Interest rates...... per cent..~ 0 5. 50 5. 43 5. 71 5.00 5. 80 5. 76 5. 78 5. 69 5.43 5.68 5. 66 5. 36 Kind of structure- ' Apartments...... thous. of dolls .. ! 0 0 0 0 0 0 0 0 0 0 250 0 0 Hotels ...... thons. of dolls ..I 0 0 0 500 0 0 0 0 0 265 0 0 0 Office and commerciaLthous. of dolls •• ! 0 690 2,575 1,979 9,125 66,445 1,985 175 2, 700 8,650 4,400 1, 475 2,000 Purpose of issue- \ Acquisitions and improve- : ments ...... thous. of dolls .. j 0 0 0 0 0 0 0 0 0 265 0 210 0 Finance construction •• thous. of dolls .. : 0 240 0 725 500 395 565 600 1,000 0 1,700 1,000 1,500 Heal-estate mortgage •. thous, of dolls . .l 0 835 2,800 1,894 8,625 66,090 635 0 425 9,220 3,135 630 1,090 STOCKS Stock prices, average daily closing: 25 industrials, average.... dolls. per share .. 118.92 1!6. 92 !19. 96 142.97 146.65 156.80 190.59 193.83 !98. 56 193. 751' 215.74 237.52 235. 2iJ 25 industrials, average_ ....rel. to 1923-25 .. : 95.0 93.4 95.8 114.2 117.2 125.3 152.3 154.9 158.6 154.8 172.4 189.8 188.0 25 railroads, avcrage...... dolls. per share .. , 2iJ. 28 30.68 28.44 37.82 44.72 46.44 57.87 64.88 68.09 74.97 84.55 92.03 25 railroads, average ...... rel. to 1923-25 .. 1 41.9 43.9 40.7 54.1 63.9 66.4 82.7 92.8 97.4 ~4~~ I 107.2 120.9 131.6 103 stocks, average ______dolls. per share--\ 18.56 18.14 17.93 21.27 23.85 22.90 32.48 33.35 35.81 31.39 ' 36.38 40.49 44.00 Stock prices, average weekly closing: ' All groups (42l) ...... rel. to 1926 .. 56.5 58.0 57.7 71.7 69.7 81.7 95.5 98.2 95.1 98.0 I 109.2 121.6 119.8 1 All raiko.ads (33) ...... rel. to 1926 .. 34.2 36.6 33.0 46.0 48.4 56.1 66.2 75.3 74.0 76.8 i 87.3 ~7. 2 104.7 All utthttes (34) ...... rel. to 1926 .. 1 92.8 U4. 4 95.6 114.7 111.9 131.9 154.0 !57. 5 153.0 156.4 i 169.8 188.9 177.9 Industrial, rails and util- ' itics (351) ...... rel. to 1926 .. 1 52.9 54.4 54.3 67.5 64.8 75.8 88.5 89.8 b6. 5 89.4 100.3 111.8' 110.3 Agricultural implements : (4) ...... rel. to 1926 .. ~ 68.9 75.6 74.7 98.1 80.1 94.0 115.0 130.7 129.2 140.3 150.5 178.6 174.0 ..l.irplanes (12) ...... rel. to 1926 .. ' !09.8 101.2 92.6 122.2 !21.5 158. I 194.1 196.3 189.7 202.3 227.6 268.2 237,3 Automobiles and trucks : (12) ...... rel. to 1926 .. : 60.2 64.2 64.8 75.4 70.4 84. 7 103.4 104.9 101.2 110.0 117.4 128.6 120.4 Automobile tires and rubber goods (7) ______rel. to 1926 .. · 22.8 24.5 24.9 33.0 31.3 41.1 49.1 50.2 46.7 46.4 50.0 57.5 54.4 Chain stores (16) ...... rei. to 1926 .. ! 56.3 57.3 57.4 69.3 69.7 so. 0 ' 91.6 89.2 88.5 88.8 86.2 S9.9l 86.4 Copper and brass (8) .....rel. to 1926 .. ! 32.1 36.1 35.2 4.5.0 43.0 50.0 : 61.0 65.8 62.0 66.7 79.4 95.7 : 90.8 Food,othe.rthanmeat(22).rel, to 1926 .. 1 74.9 75.8 74.0 89.2 84.3 96.7 ' 112.0 112.2 111.9 117.7 127.1 136.9 133,2 Machinery and machine I equipment (lO) ...... rel. to 1926--1 47.1 47.7 46.1 60.7 59.3 71.6 : 84.2 88.0 83.4 88.7 109.4 125.1 125.8 Oil producingandreflning , (15) ...... rel. to 1926 .. 1 42.4 42.9 43.9 56.7 53.1 60.0 i 69.9 fi7.4 ()3.1 63.2 74.1 84.5 90.7 Hailroad equipment (9) ...rel. to 1926 .. · 30.7 31.0 :n.o 41.5 41.2 46.4 . 54.5 57.2 54.6 57.1 67.5 78.2 77.4 Rayon (5) ...... rel. to 1926 .. · 37.4 36.9 38.8 46.0 42.6 45.9 : 48.4 48.9 48.6 48.6 52.6 51.5 52.2 Steel and iron (10) ...... rei. to 1926 .. 1 32.2 :l2.1 34.0 44.6 41.7 54.8 ' 65.2 71.8 68.2 72.1 86.1 102.9 101.2 Textiles (28) ...... rel. to 1926 .. . 30.6 i 30.7 31.0 35. 7 35.9 40.4 ' 44.7 45.8 45.0 47.4 52.2 58.2 55.3 Theaters, motion pictures, and amuse- : ments (7) ...... rel. to 1926 .. 17.0 17.8 15.8 27.7 28.3 37.9 ' 43.4 44.5 l 44.6 44.3 61.3 76.1 80.2 Tobacco and tobacco products ; (l!) ...... rel. to 1926 .. . 99.1 98.3 90.6 106.2 104.7 117.5 ' 136.9 141.0 !33. 5 137.3 144.3 143.8 137.4 Traction, motor transportation ' (9) ...... rel. to 1926 ..i 40.0 38.9 37.2 43. 6 43.6 51.1 59.8 62.7 ' 63.2 60.8 61.9 67. I 66.3 Quarter ending in month indicated. 56 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS-Continued 1931 Earlier data for items shown here mag I1-~-- 1932 I~--~-~--.-- ---~---- -·~--~ be found in the 1931 .4nnual Supple ---- ment to the Survey \ l<'~bru- I Januarv Decem-\ ~ovem-1 October\ Septem- August I July I June I May April j March ! 1<':~~- ~~ ~~ary -!---·~~~~-~----~1~ ----~ ~---~---~-~-~~- ---,---:- fo'IN ANCE-Continued . I ! Stocks and Bonds-Continued I I I'.i Ii I' I I I I ·1, I I I i STOCKS-Continued 1,· ' I I I I Stock sales, N. Y. Stock Ex- 1 I I ! I change ...... thous. of shares.. 31, 710 34, 342 50, 190 I :l7, 369 47,895 51, 140 24,890 33, 540 I 58, 719 46, 661 54, 335 l li5. 494 i 64, 14S Stock yields: I Pr(~l~~~-~-i~~-~:~~~!~-~~:~~i~! .. per cent.. I 7. 271 7. 26 7. 07 6. 45 6.40 6. 03 .;. 80 5, 771 5. 85 5. 71 5, 59 II 5. 54 .'i. 6! Total common (90) .•...... percent.. . 8.04 8.22 8.66 7. 06 7. 28 6. 51 5, 74 5. 6611 5. 96 5. 95 5. 43 . 4. 95 5. 12 Industrials (50) ...... per cent.. 1 8. 8! 1 8. 89 9. 04 7. 32 7. 49 6, 63 5. 94 5. 89 6. 26 6. 23 5. 69 i 5.17 5.35 Public utilities (20) ...... per cent. -I 6. 06 6. 37 6. 60 5. 50 5. 74 5. 11 4.36 4. 33 4. 47 I 4.42 4. 041 3. 60 3.89 Ratlroads (20) ••..•••.. ~ ..... per cent..t 8. 60 0. 01 12.70 1 6. 7.<; 1 9. 79 10.07 9.59 8.15 7. 54 ! 7. 76 7. 91 7.12 ' 6.20 New Security Issues I I li I I Bond sales, Canada: [ I 'I I I Total. ..•...... thous. of dolls~···········!·········'_-~·······~' 150,033 436 51,073 1, 923 1, 1as I 62, 24o 666, 84o 57, 994 44, 958 39,834 Corporation ...... thous. of dolls .. ~-~--~~-~~1 ~-~~---~~ !~~~·~~~·· 0 150 240 400 6831 5, 085 9, 660 3, 975 17, 054 19,300 D~~~~~~~-~~~~~~~:~~i~ous. of dolls~~ ~--~~~---1--~--~~-- :~~~- ~~-- 150,000 0 0 0 .;, ooo 1 33,650 650, 111 25, 764 s, 057 8,000 Municipal. .. ~~.~~.-~ ~thous. of dolls~+·~~~~~ ~~I~-~ .. ~ --~, ~~-~~~~~~I 33 286 8:33 I, 523 I, 450 : 13, 505 7, 039 28, 254 18, 097 12, 5:l4 Ratlways.~~~~~~~~--- .. thous. of dolls .. t ...... 1 ...... 1,1 ...... 1 0 0 50,000 0 o I o o o 1, 750 0 Bond sales (U.S.): I 11 , Corporation-- '\ I Total...... thous. of dolls .. 44,551 48,164 1 86,331 ! 70,202 17.891 176,264 51,997 !55, u:H I 252, 918 250, 590 456,678 401, 220 88,226 Class of industry- 111 I 1 t'a~'f~~~buiict: .. thous. of dolls .. 100 150 1\ 19, 100 i 583 2, 160 4, 550 9,197 15, 4391 6, 350 4,850 96, 932 1 82, 400 2,925 I ings ...... thous. of dolls.. 2, 900 I, 225 !I 5, 785 i 5, 784 9, 625 67,009 2, 650 1, 651 ! 3, 813 10,415 7, 577 3, 765 6,405 OtL ...... thous. of dolls.. 0 0 0 1 0 0 0 400 o' 5000 2, 000 4, 940 2, 053 0 Public utilities~ ...thous. of dolls~~ 1 34, 901 44, 620 II! 53,398 I 51, 285 2, 000 42. 080 27,456 210, 025 305, 661 101, 393 64,216 1 136,sog j2ig;m Ratlroads ... ~---~-thous. of dolls~~~ 4, 950 0 0 1 12,550 0 60,000 12,295 22, 500 6, 000 200, 018 12,000 Shipping and mis- '·I' ' cellaneous~~-~~ .. thous.ofdolls .. , 1,700 o!, 8,0481 0 4,106 2,625\ 0 2, 044 1, 226 800 35, 568111, 600 2,630 Purpose of issue- I \i I NewcapitaL~~----~~~thous.ofdolls~~. 38,863 46,664;\ 66,9841 50,123 17,391 !56,381 46, 197 115, 070 131, 343 169,360 267, 471 269, 030 74, 251 Refundmg .. ~~-~~---~~thous. ofdolls~~i 5,688 1,50011 19,347: 20,070 500 19,883 5, 800 40, 864 121,575 81,230 189, 207 132, 199 13,975 Type of security- I · Bonds and notes~ -~~--thous. of dolls~~ 40,738 43,745 i·i' 47,463 46,347 14,285 163,399 39,835 153,814 247,034 190,065 354,969 391, 758 61,460 Stocks~~~~~-~~~~-~~~~~thous. of dolls~~ 3,81:3 4,419! 38,868 23,855 3,606 12,865 12, 162 2, 120 5, 884 60, 525 !01, 709 9, 471 25, 766 Bond sales on N. Y. Stock Exchange: I' i Miscellaneous~~~--~~~~~~~~thous.ofdolls~~ 162,591 218,851 ;, 276,780 199,228 290,822 267,3231 191,035 219,615 252,585 221.256 215,661 238 208 ! 174, 5115 Liberty-Treasury --~~~-~~thous. of dolls~~l 54, 794 67,676 I' 61,046 37,389 1 56, !57 38,493 8, 675 8, 284 15, 167 14, 431 12,127 8: 723 ' 19, 911 Total._ .. ~.~~~~-~~~--~~~~~thous. ofdollS~~~217,385 286,527 I 337,826, 236,6171346,979 305,816 199, 710 227, 899 267, 752 235, 687 227, 788 247, 021 I 194, 446 Foretgn governments, excl. Canada I ------~~~~-~~-~~~~~-~~~~-~~~~thous. of dolls~. 0 0 0 ! 0 0 0 0 0 0 0 0 0 01 1 Fore1gn loans m the Umted I ' 1 States~.~~--~~~~-~~~~~-~-~-~~thous.oldolls~~l 0 I 0 8,000. 0! 2:l,602 j 0 1,900 :l8,800 i 69,184 44,303 1 J;J,791 i States and mumctpahttes· 1 I ' I I Permanentloans~~-~-~~--~thous.ofdolls ·1 32,7331'135,155 54,322/ 18,29:l 1!9,3~2: 75,1ll8 S5,3271120,331i' 169,094 111,386 279,443 119, S8!J Temporaryloans~~~-~-~~~~thous.oldolls.~ 92,162 '111,018 74,1;25 j o0,122 104,129 j U!,522 45,602 130,8921 24,772 196,59S 64,979 2~8. 4~6 1 --'------'-----~------'------'------'------'Revised. EXPLANATORY The Survey of Current Business is designed to present or decrease compared with the base period. Thus, a each month a picture of the business situation by setting relative number of 115 means an increase of 15 per forth the principal facts regarding the various lines of cent over the base period, while a relative number of trade and industry. The figures are very largely those 80 means a decrease of 20 per cent from" the base. already)n existence. The chief function of the Survey Relative numbers may also be used to calculate the i(to bring together those data which, if available at all, approximate percentage increase or decrease in a are scattered in hundreds of different publications. A movement from one period to the next. Thus, if a portion of these data are collected by Government relative number for one month is 120 and for a later departments, other figures are compiled by technical month is 144, there has been an increase of 20 per cent. journals, and still others are reported by trade asso When two or more series of relative numbers are ciations. The Survey of Current Business computes combined by a system of weightings, the resulting the indexes on total stocks, new orders, agricultural series is denominated an index number. The index marketings, crop marketings, and unfilled orders based number, by combining many relative numbers, is on available data. designed to show the trend of an entire group of indus tries, or for the country as a whole, instead of for the SOURCES OF DATA single commodity or industry which the relative The sources and inclusiveness of the data appearing number covers. Comparisons with the base year or in the table "Monthly Business Statistics" will be with other periods are made in the same manner as found noted in the 1931 Annual Supplement to the in the case of relative numbers. Survey of Current Business, and the sources of the weekly data are given on page 4 of the February 5, SEASONAL ADJUSTMENTS TO INDEXES 1931, issue of the Weekly Supplement to the Survey of Seasonal variations are found in most series of eco Current Business. nomic statistics for which monthly values are obtain· HISTORICAL DATA able. Consumption and production of commodities, Monthly data on all the various series carried in the interest rates, bank clearings, railroad freight traffic, Monthly Survey will be found in the 1931 Annual and many other types of data are marked by seasonal Supplement to the Survey, running back seven vears swings repeated with minor variations year after year. and in some cases eight years. Data previous to that These, in so far as they exist at all, are definitely included in the 1931 Annual Supplement will be found periodic in character, with a constant 12-month period. in the monthly Surveys prior to 1924. In cases where an adjustment is noted for a series car ried in the Survey, the index has been corrected for RELATIVE AND INDEX NUMBERS number of working or business days in the various To facilitate comparison between different important months and then adjusted for seasonal variation. items and to chart series expressed in different units, The index figures thereby become comparable through relative numbers (often called "index numbers," a out the series. term referring more particularly to a special kind of METHODS OF USE numbers described below) have been calculated. The monthly average for 1923-1925 has usually been used Methods of using and interpreting current business as a base equal to 100. statistics have been collected by the Department of The relative numbers are computed by allowing the Commerce from many business concerns and are monthly average for the base year to equal 100. If described in a booklet entitled "How to Use Current the movement for the current month is greater than Business Statistics," together with methods of collect· the base, the relative number will be greater than 100, ing statistics. This booklet may be obtained from the and vice versa. The difference between 100 and the Superintendent of Documents, Government Printing relative number will give at once the per cent increase Office, Washington, D. C., at 15 cents per copy. HARDWARE D· •s t t· •o n •n• the GULF SOUTHWEST----. An analysis of trading areas, store location, finances, operating expenses, turnover, collections, personnel, lines handled, buying and selling practices, deliveries, returned goods, advertising, competition, and other factors in wholesale and retail distribu tion of hardware and related products in the Gulf Southwest. .100 wholesalers, 4 77 retailers, 8 managers oif chain stores supplied operating statements and balance sheets and discu:ssed their business policies with field agents of the Bureau of Foreign and Domestic Commerce, in order that this investigation might be of the greatest value to wholesalers, retailers, man ufacturers, and others interested in distribution in this area. Domestic Commerce Compiled by Walter A. Bowers and Walter A. Mitchell, Jr., of the Domestic Regional Division Series No. 52 For sale by the Superintendent of Documents, United States Government Printin~ Office, Washin~tcm, D. C., or anY dis Price 70 Cents trict office of the United States Depa1·tment of Commerce 4, 41G 127, H.S3 115, 207 S9. 409 8\J,194 107, (1[8 '1150, 128 I 112, 72ii I 104, 0-1\l Nitrogenous ______long tons __ l~J. liOO II 11.877 3, 2K-1 1:J,4fl2 ' z. ~~~ 7, 6.';2 7, 078 i 7, 0\10 6, 637 25, 146 1\l, 819 I 1~, 336 Oilh'r fl'riilizcrs ______long tons __ 1, 419 :! P, 17H 1. 5ti7 5, Df10 d, (~{),) 1,4.2!) I. 164 i 1, 926 9, 4~J8 10, 82\l 7, 71>5 i 4, 7:34 Phosvhate materiaL ______long tons--1 f)S, 200 i1 5fJ, 21:3 7ti, l:i.i llr., ti21 1or,, 717 80,1)70 I 7\l, 472 !ll, 04!) ' Jl:l, ()!7 8-1, fi82 80, li\)6 : 75, 114 Pn'pnrcd fertilizer ______long tons __ 22 I 200 (jj :~;oo (11!) as:; 4\17 : JOG 7:H I 1, 13(i 41i9 283 >-fit rate of soda, i1nports. __ thous. of long: tons ... I 2 J4 ii 17 :lO 31 4!1 Snp('rphosphate (aeid phospha.tl'): ' Production ______thous. of short ions __ 1R7 JS~ 1!3 141 142 lti2 1:;; , 1:: 1;,: II 1:: ::: 2:: Bhipments ______thous. of short ton:-; .. _ 75 ()5 fi2 S5 119 63 55 100 407 :Jo,, 131 Stoc:ks, end of month ______thou~. of short loni-! ... _ l,fi30 l, 51~ 1. :n~~ 1, 2S5 1, '275 1, 15X 1,(1()0 9D61 1,101 1,836 ~ 2,287 Flaxseed Flaxseed, imports_------.tllow-:. of hu. I, 104 ~ 720 1. 231 1, ·1GS 2, 46\) 1, 33\1 1, 68:) 1, !50 1, 4961 827 1, 3131 952 Linseed cake and meal: Exports ______thous. of lbs. 34, 205 I 20, .563 :;2, 838 42,782 4!1, 027 18, G1f> 57,736 53,225 39,769 I 38, 1721 30,818 39, 8·17 I 18,238 Hhiprnents from Tvfinneapolis ______thous. of lhs 6, 528 ' H, 773 14, !i!R lX, Ol~l I 11.:15! 17,3S5 1:u172 11,414 7,653 8,432, 12,145 17,827 I 11,046 J,inSl'Cd oil: Factory constunpt.ion (qnartrr1y) ______thous. of llJs ______:. 57. :{fA 70 3 74 ' : 95 1 : Price, 1\tM York ______dolls. per lb__ .06G .Oii7 1 .Oil • {)([i I 6~ri ---- ·------oiid :Z~~ l----:osJ ----.-~1u2- ' g~~ ~-----:oii2 Production (quarterly) ______thous. oflbs __ ------·-'------J 1:m,47H !-!1,zn.> 3 130,635 ------:'118,417 :------1 I ______1 Shil!liltmts from JVfiun4?apoiis 1 ______tliOirs. oflbs__ 4,440, 4, 782 3, 102 4, 12tf 1 Htocks at factories (quarterly) l ------______tllOUS. of lbs ______, ______·I, 154,1\>t) . ------. ..i ~:~.::: ---~~~~~_: ___ :'_~~~-: 3 7::::: l__ ::~~~:tl~,-~~~-13 ! 1~,::: :____ ~·-~~~ 'Revised. 3 Quarter en