SURVEY of CURRENT BUSINESS November 1934 Business Indicators 1923-25 = 100
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NOVEMBER 1934 SURVEY OF CURRENT BUSINESS UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE VOLUME 14 NUMBER II SUMMARY OF CHANGES IN STATISTICAL SERIES SINCE PUBLICATION OF THE 1932 ANNUAL SUPPLEMENT For convenience there is listed below a tabulation of the changes which have been made in the past 2 years, or since the publication of the last annual supplement. If back data have been presented for the new series, a reference to the monthly issues in which such statistics appeared may be found in the footnotes which are included on pages 22 to 56, inclusive. NEW SERIES ADDED JUNE 1934 JUNE 1933 Agricultural loans outstanding (six series). Bond prices, domestic, United States Liberty (New DECEMBER 1932 Agricultural products, cash income received from York Trust Co.). marketings of. Brick, face, production (brick drawn from kilns). Auto accessories and parts, composite index of Beverages: shipments. Building costs, by types of construction (Ameri- Fermented malt liquors: can Appraisal Co.). Canadian statistics, electric-power production index. Production, consumption, and stocks. Chain-store sales index (Chain Store Age). Distilled spirits: Cotton textiles, production, shipments, stocks, etc. Ci\Til service employment, United States. Production, consumption, and stocks in bonded Farm products—price index of dairy and poultry warehouses. products (combined index). Convection type radiators, new orders. Cotton cloth (bleached, dyed, and printed), pro- Glass containers, net new orders. Department-store sales, Philadelphia, duction and stocks. Gold, held under earmark for foreign account. Factory employment, Baltimore, Milwaukee, Mary- Factory employment (Bureau of Labor Statis- land, and Massachusetts. Hours of work per week in factories, nominal or tics). full-time week (National Industrial Confer- Factory pay rolls, Baltimore, Milwaukee, Philadel- Factory pay rolls (Bureau of Labor Statistics), ence Board). phia, Maryland, and Massachusetts. Imports for consumption. McLeilan 5- and 10-cent stores (sales and stores). Fairchild retail price index. Index of new-passenger-car sales. Rope paper sacks, shipments. Gas oil and distillates, production and stocks. Indexes of variety-store sales (new index). Rubber, scrap, stocks at reclaimers. Gypsum, imports, production and shipments. Milk, receipts, Greater New York. Unemployment, applicants, at employment agen- Hourly earnings, factory (National Industrial cies. Registrations, commercial truck. Conference Board). Wool-machinery activity, sets of cards. Illuminating glassware, new orders, production* Silk machinery activity (Silk Code Authority). shipments and stocks. Sugar, refined, imports and receipts from Hawaii DECEMBER 1933 Mechanical stokers, new orders. and Puerto Rico. Animal glues, production and stocks. Net gold imports, including gold released from Vacuum cleaners (hand type), shipments. Building cost index of electric light and power con« earmark. JULY 1934 struction (Richey). Pyroxylin rods, sheets and tubes, production and Hosiery (Hosiery Code Authority). Building material costs, frame and brick house. shipments. Restaurant, total sales and stores (three chains). Castings, gray iron, orders, production, receipts, Plumbers' brass, shipments. and stocks. Silk spindles (machine activity), Code Adminis- Plumbing fixtures, wholesale price. tration Committee for the Throwing Indus- Explosives, production, shipments and stocks. Residual fuel oil, production and stocks. try. Fabricated structural steel, orders and shipments Rubber heels and soles, total shipments. AUGUST 1934 with percent of capacity. Tin consumption in the manufacture of tin and Silk cloth, production, shipments, stocks. Federal-aid highway, work approved for construc- terneplate. Sugar, refined, imports from Cuba and the Philippine tion arid balance of Federal-aid funds available Islands for new construction (new work now paid for by Tin and terneplate production. funds appropriated under N.R.A.), Trade union members employed, by groups. F. W. Grand, stores and sales (merged with H. L Weekly earnings, factory, Massachusetts. SERIES DROPPED Green Co., Inc.). World prices, foodstuffs and raw materials. DECEMBER 1932 Hoists, electric, orders and shipments. Applicants at employment agencies, Western Index, new orders. JUNE 1S33 States. Index, unfilled orders. Binders' board, production. Illuminating glassware, percent of full operation of Airplane travel, passengers carried, passenger miles Construction volume (A.G.C.). orders, production, and shipments. flown. Copper: Isaac Silver & Bros., stores and sales (merged with Bond prices, United States Government (Standard Production, all series. H. L. Green Co., Inc.). Statistics). Shipment?, domestic, refined. Paper board, production and shipments. Building costs, all types (American Aporaisa Steel's (North and South America), blister and Plumbers' woodwork, orders, shipments, and stocks. Co.). refined. Pyroxylin products, production and shipments of Employment, miscellaneous—Federal and State Ennt^led sanitary ware, baths, lavatories, sinks, sheets, rods, and tubes. highways, construction and maintenance. miscellaneous, all series. United States Steel Corporation, unfilled orders. Face brick, machine production. Enarieled sneet-netal ware, shipments. Yarn, carded sales, all series. Factory employment, Chicago. Fact »ry operations, proportion full time worked, Factory pay roils, New York and Chicago. m: vcl'aneous group. JUNE 1934 Farm products, price indexes of dairy and poultry G'jlv nr"''td siieet-a.etal ware, all series. Bank suspensions. products. Gas and fuel oil, production and stocks (combined Cotton cloth finishing. Household furniture, plant operations, all districts. Delinquent accounts, electrical trade. Lard compound, wholesale price, tierces, Chicago, Qipot, rente ire*~s, untiled orders. Factory employment (adjusted and unadjusted) Lard, refined, wholesale price, tierces, Chicago. Kid-; pud Sidns, stocks, all series. Federal Reserve Board. Leather production (Tanners' Council), Illuminating glassware, orders, production, ship- Factory operations, proportion of full time worked meats, *nd stocks. Nonmanufacturirig employment—banks, brokerage Factory pay-roll indexes (Federal Reserve Board). houses, etc.; dyeing and cleaning; and laundries. IndusMal production indexes: Copper (mined), Highway construction under the Federal Highway m^trls, ncnferrous. Nonmanufacturing pay rolls—banks, brokerage Act. Iro-i arrl steel, bo'lcrs (round and square), and ra- Indexes of five-and-ten (variety) stores sales (old houses, etc.; dyeing arid cleaning; and laundries. dii.ors, nC'V orders. Rope paper sacks, shipments, index). Leather, sole and belting, production, stocks, all Marketings, forest products. seiics. Milk, receipts, Greater New York. Lea^h^r, upfcr, production, stocks, all series. DECEMBER 1933 Nonrnanufacturing employment, canning and pre- Lumber, \valiut, orders, production, shipments, and serving. Cellulose plastic products, production and ship- siorks. ments of nitrocellulose and cellulose acetate Nonmanufacturing pay rolls, canning and preserv- Methmol, stocks: ing. sheets, rods, and tubes. At cru le -plants. Construction wage rates (E.N.R.). At roiiierics and in transit. Paper, stocks, all grades, book paper, writing paper, wrapping paper, and all other grades of paper. Highway construction under the National Indus- Milk, condensed and evaporated, total exports, trial Recovery Act. production, and shocks. Restaurant sales and stores operated: 5 Childs Co. Home Loan Bank, loans outstanding. ^Xfp'v - 3i"rt, rvo luction, percent of capacity. J. R. Thompson Co. H. L, Green Co., Inc., stores and sales. Pairts, v-Ttsh -jrad lacquer products, unclassified Waldorf System, Inc. Paper board, production and shipments. sales, 3 ' '5 establishments. Rope paper sacks. Pittsburgh employment index. Pine, North Carolina, production and shipments. Sugar, Cuban, raw, receipts at ports and exports. Pittsburgh pay-roll index. Pine-oil stocks. Silk machinery activity (Silk Association of Purchasing power of the dollar. Plumbing fix cures, wholesale price (six pieces). America)- Reconstruction Finance Corporation, loans out- Force ain, nrni knobs, tubes, shipments. Wood-pulp stocks. standing. Stock 5noexee, world copper stocks. JULY 1934 United States Steel Corporation, shipments of Stokers, mecharvical, large (see new series), new finished products. orders. Hosiery, Census Bureau series. UNITED STATES DEPARTMENT OF COMMERCE DANIEL C. ROPER, Secretary BUREAU OF FOREIGN AND DOMESTIC COMMERCE CLAUDIUS T. MURCHISON, Director SURVEY OF CURRENT BUSINESS Prepared in the DIVISION OF ECONOMIC RESEARCH H. GORDON HAYES, Chief M. JOSEPH MEEHAN, Editor Volume 14 NOVEMBER 1934 Number 11 CONTENTS STATISTICAL DATA—Continued SUMMARIES AND CHARTS p Business indicators 2 Monthly business statistics: Page Business situation summarized 3 Business indexes 22 Comparison of principal data, 1930-34 4 Commodity prices 23 Construction and real estate 24 Commodity prices 5 Domestic trade 25 Domestic trade 6 Employment conditions and wages 27 Employment 7 Finance 30 Foreign trade 34 Finance 8 Transportation and communications 35 Foreign trade 9 Statistics on individual industries: Real estate and construction 10 Chemicals and allied products 36 Transportation 11 Electric power and gas 39 Foodstuffs and tobacco 39 Survey of individual industries: Fuels and byproducts 43 Automobiles and rubber 12 Leather and products 44 Forest products 13 Lumber and manufactures 45 Iron and