SEPTEMBER 1934 SURVEY · 2011. 10. 20. · Sugar, Cuban, raw, receipts at ports and exports. Silk machinery activity (Silk Association of America). Wood-pulp stocks, JULY 1934 Hosiery,

SEPTEMBER 1934

SURVEYOF

CURRENT BUSINESS

UNITED STATESDEPARTMENT OF COMMERCEBUREAU OF FOREIGN AND DOMESTIC COMMERCE

WASHINGTON

V O L U M E 1 4 N U M B E R 9

SUMMARY OF CHANGES IN STATISTICAL SERIES SINCE PUBLICATIONOF THE 1932 ANNUAL SUPPLEMENT

For convenience there is listed below a tabulation of the changes which have been made in the past 2 years. If back datahave been presented for the new series, a reference to the monthly issues in which such statistics appeared may be found in thefootnotes which are included on pages 22 to 56, inclusive.

NEW SERIES ADDED

DECEMBER 1932

Auto accessories and parts, composite index of ship-ments.

Canadian statistics, electric-power production index.Chain-store sales index (Chain Store Age).Civil service employment, United States.Convection type radiators, new orders.Department-store sales, Philadelphia.Factory employment, Baltimore, Milwaukee, Mary-

land, and Massachusetts.Factory pay rolls, Baltimore, Milwaukee, Philadel-

phia, Maryland, and Massachusetts.Fairchild retail price index.Gas oil and distillates, production and stocks.Gypsum, imports, production and shipments.Hourly earnings, factory {National Industrial

Conference Board).Illuminating glassware, new orders, production,

shipments and stocks.Mechanical stokers, new orders.Net gold imports, including gold released from ear-

mark.Pyroxylin rods, sheets and tubes, production and

shipments.Plumbers' brass, shipments.Plumbing fixtures, wholesale price.Residual fuel oil, production and stocks.Rubber heels and soles, total shipments.Tin consumption in the manufacture of tin and

terneplate.Tin and terneplate production.Trade union members employed, by groups.Weekly earnings, factory, Massachusetts.World prices, foodstuffs and raw materials.

JUNE 1933

Airplane travel, passengers carried, passenger milesflown.

Bond prices, United States Government (StandardStatistics).

Building costs, all types (American AppraisalCo.).

Employment, miscellaneous—Federal and Statehighways, construction and maintenance.

Face brick, machine production.Factory employment, Chicago.Factory pay rolls, New York and Chicago.Farm products, price indexes of dairy and poultry

products.Household furniture, plant operations, all districts.Lard compound, wholesale price, tierces, Chicago.Lard, refined, wholesale price, tierces, Chicago.Leather production (Tanners' Council).Nonmanufacturing employment—banks, brokerage

houses, etc.; dyeing and cleaning; and laundries.Nonmanufacturing pay rolls—banks, brokerage

houses, etc.; dyeing and cleaning; and laundries.Rope paper sacks, shipments.

DECEMBER 1933

Cellulose plastic products, production and ship-ments of nitrocellulose and cellulose acetatesheets, rods, and tubes.

Construction wage rates (E.N.R.).Highway construction under the National Indus-

trial Recovery Act.Home Loan Bank, loans outstanding.H. L. Green Co., Inc., stores and sales.Paper board, production and shipments.Pittsburgh employment index.Pittsburgh pay-roll index.Purchasing power of the dollar.Reconstruction Finance Corporation, loans out-

standing.United States Steel Corporation, shipments of

finished products.

JUNE 1934

Agricultural loans outstanding (six series).Agricultural products, cash income received from

marketings of.Beverages:

Fermented malt liquors:Production, consumption, and stocks.

Distilled spirits:Production, consumption, and stocks in bonded

warehouses.Cotton cloth (bleached, dyed, and printed), pro-

duction and stocks.Factory employment (Bureau of Labor Statistics).Factory pay rolls (Bureau of Labor Statistics).Imports for consumption.Index of new-passenger-car sales.Indexes of variety-store sales (new index).Miik, receipts, Greater New York.Registrations, commercial truck.Silk machinery activity (Silk Code Authority).Sugar, refined, imports and receipts from Hawaii

arid Puerto Rico.Vacuum cleaners (hand type), shipments.

JULY 1934

Hosiery (Hosiery Code Authority).Restaurant, total sales and stores (three chains).Silk spindles (machine activity), Code Administra-

tion Committee for the Throwing Industry.

AUGUST 1934

Silk cloth, production, shipments, stocks.

SERIES DROPPED

DECEMBER 1932

Applicants at employment agencies, Western States.Binders' board, production.Construction volume (A.G.C.)Copper:

Production, all series.Shipments, domestic, refined.Stocks (North and South America), blister and

refined.Enameled sanitary ware, baths, lavatories, sinks,

miscellaneous, all series.Enameled sheet-metal ware, shipments.Factory operations, proportion full time worked,

miscellaneous group.Galvanized sheet-metal ware, all series.Gas and fuel oil, production and stocks (combined

series).Glass containers, unfilled orders.Hides and skins, stocks, all series.Illuminating glassware, orders, production, ship-

ments, and stocks.Industrial production indexes: Copper (mined),

metals, nonferrous.Iron and steel, boilers (round and square) and

radiators, new orders.Leather, sole and belting, production, stocks, all

series.Leather, upper, production, stocks, all series.Lumber, walnut, orders, production, shipments, and

stocks.Methanol, stocks:

At crude plants.At refineries and in transit.

Milk, condensed and evaporated, total exports,production, and stocks.

Newsprint, production, percent of capacity.Paints, varnish and lacquer products, unclassified

sales, 315 establishments.Pine, North Carolina, production and shipments.Pine-oil stocks.Plumbing fixtures, wholesale price (six pieces).Porcelain, nail knobs, tubes, shipments.Stock indexes, world copper stocks.Stokers, mechanical, large (see new series), new

orders.

JUNE 1933

Bond prices, domestic, United States Liberty (NewYork Trust Co.).

Brick, face, production (brick drawn from kilns).Building costs, by types of construction (American

Appraisal Co.).Cotton textiles, production, shipments, stocks, etc.Farm products—price index of dairy and poultry

products (combined index).Glass containers, net new orders.Gold, held under earmark for foreign account.Hours of work per week in factories, nominal or

full-time week (National Industrial Confer-ence Board).

McLellan 5- and 10-cent stores (sales and stores).Rope paper sacks, shipments.Rubber, scrap, stocks at reclaimers.Unemployment, applicants, at employment agencies.Wool-machinery activity, sets of cards.

DECEMBER 1933Animal glues, production and stocks.Building cost index of electric light and power con-

struction (Richey).Building material costs, frame and brick house.Castings, gray iron, orders, production, receipts, and

stocks.Explosives, production, shipments and stocks.Fabricated structural steel, orders and shipments

with percent of capacity.Federal-aid highway, work approved for construc-

tion and balance of Federal-aid funds availablefor new construction (new work now paid for byfunds appropriated under N.R.A.).

F. W. Grand, stores and sales (merged with H. L.Green Co., Inc.).

Hoists, electric, orders and shipments.Index, new orders.Index, unfilled orders.Illuminating glassware, percent of full operation of

orders, production, and shipments.Isaac Silver & Bros., stores and sales (merged with

H. L. Green Co., Inc.).Paper board, production and shipments.Plumbers' woodwork, orders, shipments, and stocks.Pyroxylin products, production and shipments of

sheets, rods, and tubes.United States Steel Corporation, unfilled orders.Yarn, carded sales, all series.

JUNE 1934

Bank suspensions.Cotton cloth finishing.Delinquent accounts, electrical trade.Factory employment (adjusted and unadjusted)

Federal Reserve Board.Factory operations, proportion of full time worked.Factory pay-roll indexes (Federal Reserve Board)t

Highway construction under the Federal HighwayAct.

Indexes of five-and-ten (variety) stores sales (oldindex).

Marketings, forest products.Milk, receipts, Greater New York.Nonmanufacturing employment, canning and pre-

serving.Nonmanufacturing pay rolls, canning and pre-

serving.Paper, stocks, all grades, book paper, writing paper,

wrapping paper, and all other grades of paper.Restaurant sales and stores operated:

Childs Co.J. R. Thompson Co.Waldorf System, Inc.

Rope paper sacks.Sugar, Cuban, raw, receipts at ports and exports.Silk machinery activity (Silk Association of

America).Wood-pulp stocks,

JULY 1934Hosiery, Census Bureau series.

V o l u m e 14 S E P T E M B E R 1934W E E K L Y DATA THROUGH A U G U S T 25, 1931

MONTHLY DATA THROUGH J U L Y

N u m b e r 9

SURVEY OFCURRENT BUSINESS

P U B L I S H E D B\

U N I T E D STATES D E P A R T M E N T O F C O M M E R C E

B U R E A U O F F O R E I G N A N D D O M E S T I C C O M M E R C E

W A S H I N G T O N

CONTENTSSUMMARIES AND CHARTS Page

Business indicators 2Business situation summarized 3

Comparison of principal data, 1930-34 4Commodity prices 5

Domestic trade 6Employment 7Finance 8

Foreign trade 9Real estate and construction 10Transportation 11Survey of individual industries:

Automobiles and rubber 12Forest products 13Iron and steel 14Textiles 15

SPECIAL ARTICLE

Highlights of the Wholesale Census, 1933 16

STATISTICAL DATARevised series: Exports by grand divisions, countries, and commodi-

ties; 1933 20

Weekly business statistics 21

STATISTICAL DATA—ContinuedPage

Monthly business statistics:Business indexes 22Commodity prices 23Construction and real estate 24Domestic trade 25Employment conditions and wages 27Finance 30Foreign trade 34Transportation and communications 35Statistics on individual industries:

Chemicals and allied products 36Electric power and gas 39Foodstuffs and tobacco 39Fuels and byproducts 43Leather and products 44Lumber and manufactures 45Metal and manufactures:

Iron and steel 46Machinery and apparatus 48Nonferrous metals and products 49

Paper and printing 50Rubber and products 51Stone, clay, and glass products 52Textile products. 53Transportation equipment 54

Canadian statistics 56General index Inside back cover

Subscription price of the SURVEY!OF CURRENT BUSINESS is $1.50 a year, which includes the 12 monthlynumbers, and the 52 weekly supplements. Single-copy price: Monthly, 10 cents; weekly, 5 cents.

Foreign subscriptions, $3, including weekly supplements. Make remittances only toSuperintendent of Documents, Washington, D.C., by postal money order,

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81294—34-

SURVEY OF CURRENT BUSINESS September 1934

Business Ind ica to r s1923-25 = 100

160

100

INDUSTRIAL PRODUCTION

160

100

40

160

FACTORY EMPLOYMENT AND PAYROLLS

EMPLOYMENT (ADJUSTED)*

TOTAL FREIGHT CAR LOADINGS

100

DEPARTMENT STORE SALESZOO

100

200

100*

VALUE OF EXPORTS

200

100

BANK DEBITS OUTSIDE NEW YORK CITY

160INDUSTRIAL PRODUCTION

MANUFACrUfttt (ADJUSTfD)

Mi l l HIM!40

200

100^

CONSTRUCTION CONTRACTS AWARDED

160FREIGHT CAR LOADINGS L.C.L

40

160

100

40

200

WHOLESALE PRICES

VALUE OF IMPORTS

160FEDERAL RESERVE MEMBER BANK LOANS*

40

'ADJUSTED FOR SEASONAL VARIATION * REPORT/MG MEMBER BANKS O.D. 7&S5

September 1934 SURVEY OF CURRENT BUSINESS

Business Situation SummarizedCONTRACTION in business activity during July

was in excess of the usual seasonal decline, andweekly data available for August indicate a continua-tion of the sagging tendency.

The major influence in the large drop in the FederalReserve Board's adjusted production index for Julywas the precipitous decline in steel mill operationswhich was in part the result of the maintenance of arate of production in the second quarter beyond con-sumption requirements. Other industries in whichgreater-than-seasonal declines occurred in July includelumber, automobile, rubber, and tobacco manufactur-ing. Activity in the textile industries declined slightlyin accordance with the usual trend, following thegeneral curtailment enforced during the precedingmonth. Production in the leather and leather prod-ucts industries expanded by the usual seasonal amount,while there was an extraseasonal gain for the foodproducts industry, due mainly to the large increase inmeat packing resulting from the drought. The outputof the mineral industries declined.

Employment and pay rolls in July followed the down-ward trend of production and distribution. Factoryemployment was lower by 3 percent, while pay rollsdropped 6.8 percent. The recession in employment ex-tended to 70 of the 90 industries surveyed. There wasa decline also in nonmanufacturing industries.

Retail trade showed little net change after allowingfor the usual trend. The adjusted index of depart-ment store sales declined 1 point to 73 percent of the1923-25 average. The decline in freight-car loadings

was contrary to the usual seasonal movement, theadjusted index dropping to the lowest point sincelast November. The adjusted index of exports andimports also declined, the latter falling below thefigure for July 1933.

Construction contracts awarded have receded byabout the usual seasonal amount as a result of thedrop in publicly financed contracts. During Julythere was an increase in privately financed constructionwhich amounted to about 25 percent.

Despite the losses caused by the drought, the De-partment of Agriculture estimates that cash incomefrom farm marketings (including rental and benefitpayments) in the calendar year 1934 will be approxi-mately one-fifth higher than the $5,051,000,000 real-ized in 1933. It is estimated that income for the last5 months of the year will be from 3 to 5 percent abovea year ago, on account of higher prices. Obviously,however, the income will not be as evenly distributedthroughout the country as last year.

Wholesale prices have risen steadily in recent weeksas the effects of the drought were reflected in the pricesof farm products and foods. The price index of allother commodities has moved slightly lower.

Financial markets have undergone no marked changeduring August. Of particular interest, however, wasthe export of gold following the decline in dollar ex-change, the first outward movement since early 1933.Outstanding loans of the member banks have declinedfurther, although there has been a moderate improve-ment in "all other" loans.

MONTHLY BUSINESS INDEXES

Tear and month

1931: July1932: July1933:

JulyAugustSeptemberOctober _NovemberDecember

1934:JanuaryFebruaryMarchAprilMayJuneJuly

Monthly a v e r a g eJanuary t h r o u g hJuly:

193219331934

Industrial production

Unadjusted l

73

1 Man

ufa

ctu

res

Min

eral

s

Adjusted 2

"31 M

anu

fact

ure

s

MISO>

Factory em-ployment

and pay rolls

Nu

mb

er o

f em

ploy

-ee

s, a

dju

stea

»

Am

ou

nt o

f pay

rol

ls,

un

adju

sted

Freight-car loadings

Total

Un

adju

sted

'

Adj

uste

d *

Merchan-dise, l.c.l.

Un

adju

sted

'

Adj

uste

d '

Departmentstore sales,

value

Un

adju

sted

i....

Adj

uste

d «

Foreigntrade, value,adjusted 2

1

I Import

s

Ban

k de

bits

ou

tsid

e N

ewY

ork

Cit

y

Co

nst

ruct

ion

con

trac

ts, a

ll j

type

s, v

alue

, ad

just

ed '

Monthly average, 1923-25=100

8056

959085787269

77838688898475

647483

7955

978984767067

75828589898373

637482

8663

899493888480

85889181878785

707686

8258

999184767275

78818485868376

8257

1019183767073

76808285868374

8665

909187818185

8891

10090898785

78.059.6

72.576.478.077.875.975.0

75.178.481.082.282.481.479.4

65.763.580.0

66.239.8

50.856.859.159.455.554.5

54.060.664.867.367.164.860.4

48.742.362.7

7851

666568666056

58616360636463

555562

7651

656160585963

64646662636461

8768

706970706764

65656767676564

736666

8869

706968666668

70676665656565

6646

4959737775

121

57597373777051

655766

9265

707770706569

69717777777473

5432

433840424248

44475050455048

323348

5927

48 :

504846 !4042

424244 ;4247 i44 143

363243

93.463.4

70.462.761.966.060.567.4

66.959.771.472.471.574.870.5

68.658.769.6

i 6127

2124

i 3037

i 48| 58

i 49: 44I 33i 32

262627

271834

Who

lesa

le p

rice

ind

ex, 7

84co

mm

odit

ies

Monthlyaverage,1926=100

72.064.5

68.969.570.871.271.170.8

72.273.673.773.373.774.674.8

65.462.673.7


Comparison of Principal Data, 1930-347 MONTHS X///////A REMAINDER OF YEAR

BANK DEBITS OUTSIDE NEW YORK CITY- (BILLIONS OF DOLLARS)50 .100 150 200 250 300 350

CONSTRUCTION CONTRACTS AWARDED - (BILLIONS OF DOLLARS)

STEEL INGOT PRODUCTION - (MILLIONS OF TONS)

AUTOMOBILE PRODUCTION -(THOUSANDS OF CARS)

FREIGHT CAR LOADINGS -(MILLIONS OF CARS)

September 1934 SURVEY OF CURRENT BUSINESS

Commodity PricesRSCENT price data are featured by the rise of

the prices of agricultural products and foods asa result of the drought. The farm products componentof the wholesale price index of the Department ofLabor for the week ended August 18 stood at 68.9percent of the 1926 level, having advanced from 60.7in the week of June 9, and the foods component duringthis period advanced from 67.6 percent to 74.1 per-cent of the 1926 prices. The percentage gains in theindexes of these two groups were 14 and 9.6, respec-tively, for this 10-week period.

The average of the other eight components of thecombined index has remained practically unchangedduring these 10 weeks, the only significant changesbeing a decline of 3 points in the index for hides andleather and a decline of 1.9 in the index of metals andmetal products. The fuel and lighting index rose 1.4points during this interval.

Moody's spot price index of 15 commodities dealtin on organized markets reached a new high on August23, at 154.6 on the basis of 100 for December 31, 1931.This was 11.4 points above that for July 31, 28.6points above the level for the 1st of January, and 5.7and 50.7 points above the highs for 1933 and 1932,respectively. The recent increase in this index isattributable to the increase in the prices of domesticagricultural products—wheat, corn, cotton, and hogs.

The prices of the other 11 commodities have changedbut little since the beginning of May, with the excep-tion of the price of hides which has declined sharply,due to the heavy slaughter of animals. Hogs sold inChicago on August 23 for $7.40 per hundred pounds,the highest price recorded since August 1931.

Retail prices, excluding foods, as measured by theFairchild index, declined during July for the fourthconsecutive month, the index falling from 89.6 percentof the January 1931 level in March to 87.9 in July, thedeclines varying from 0.8 of a point in May to 0.2 inApril. The current index is 27 percent above the de-pression low of April 1933.

Retail prices of foods, as reported by the Depart-ment of Labor for the period ended July 31, were 10.4percent above the 1913 level. The increase in theseprices since April 24, when the current rise began, hasbeen about 3 percent. As compared with the low sincepre-war days, which was reached on April 15, 1933,current prices are up by more than 22 percent.

The cost of living of wage earners, according to theindex of the National Industrial Conference Board,increased 0.4 percent during July to 79.1 percent ofthe 1923 level. Prices paid for food increased 0.9percent during the month, and those paid for housingand coal showed slight increases. The other items,clothing, gas, and electricity, declined, while sundriesremained unchanged.

INDEXES OF COMMODITY PRICES

Year and month

•* cccc C

H1**V O

I*

«l11ss3»

Economic classes

JS

hed

pro

du

c

mat

eria

ls

i i =I i &

•i iisfl |

1931* July1932: July1933:

JulyAugustSeptemberOctoberNovember. . .December

1934:JanuaryFebruary.March. ,AprilMayJuneJuly

Monthly average,January throughJuly:

19321933!934

72.064.5

68.969.570.871.271.170.8

72.273.673.773.373.774.674.8

65.462.673.7

76.170.5

72.273.474.875.475.274.8

76.077.077.277.177.878.278.2

71.067.577.4

64.354.7

61.860.661.761.862.461.9

64.166.065.965.165.167.368.3

55.552.866.0

69.355.5

69.171.772.972.871.472.3

71.974.874.373.973.772.972.7

59.560.473. 5

pro

du

cts

1

64. 947.9

60.157.657.055.756.655.5

58.761.36J.359.659.663.364.5

49.047.861.2

Wholesale (Department of Labor)

Groups and subgroups

I

G •e

1

i

99«

S

B*

than

fa

uct

s an

d f

oo

I!

ng

mat

eria

ls

2

Monthly average, 1926=

49. 0 74. 036.7

73.464.663.958.261.360.4

63.763.262.358.863.972.474.8

42.547.165.6

60.9

65.564.864.964.264.362.5

64.366.767.366.267.169.870.6

61.458.067.4

73.462.0

50.851.051.551.048.246.0

48.953.356.557.360.062.263.4

59.6

\ 73.9\ 69.7

72.274.176.177.277.2

| 77.5

78.378.778.578.6

! 78.978.2

: 78.4

70.750.9 67.457.4 78.5

78.169.7

79.581.382.7

j 83.984.985.6

86.386.686.4

i 86.787.387.887.0

72.372.386.9

&

ical

s an

d dr

i

c«£u

nd

lig

hti

ng

«

and

leat

her

,S

j -

furn

ish

good

s

1a i

*

s an

d

me

pro

du

cts

I

s p

rod

uct

s

I

lane

ous

8JS

100

178. 9 62. 973.0

73.273.172.772.773.473.7

74.4

72.3

65.365.570.473.673.573.4

73.175.5 | 72.475. 7 71. 475.575.475.675.4

71.772.572.873.9

74.4 69.8

89.468.6

86.391.792.389.088.289.2

89.589.688.788.987.987.186.3

74.5i 72.2 63.0 74.3

75. 4 72. 5 88.3

85.774.0

74.877.679.381.281.081.0

80.881.081.481.682.082.081.6

76.072.781.5

84. 3 66. 5 69. 779.2

80.681.282.183.082.783.5

85.587.087.187.989.1

51.5

68.074.676.977.176.876.4

76.576.976.575.3

64.3

64.065.465.165.365.565.7

67.568.569.369.5

73. 6 69. 887.7 72.7 ! 70.286. 8 71. 5 69. 9

80.4 56.0 64.778. 2 55. 987.3 74.7

i

60.169.2

flJd «f l j

i!s*

1Mo

average,1923=

100i

85.977.0

75.276.977.978.077.877.3

77.578.378.578.478.678.879.1

78.972.778.5

||£0.

, co

mbin

edm

odit

ies

(D<

gri

cult

ure

)

Retail+aGV

G

OB

sS8o o&a A

Mo.average,1909 to1914=

100

Moaverage,1913=

100

79 i ; 11957

767270707168

70767674747780

585875

101

105107107107107104

105108109107108109110

10495

108

1OS

tmen

t st

ore

rrai

rch

ild

)

1Dec.193C

(Jan. 1,1931) -

100

90.374.0

76.182.686. 087.188.088.0

88.589.589.689.488.688.287.9

77.87]. 388.8


Domestic TradeSALES through retail stores during July, meas-

ured by dollar volume, declined by slightlymore than the estimated seasonal amount, and per-centage increases in sales over a year ago were gener-ally lower than in earlier months of the year. Amongthe adverse factors tending to retard sales during Julywas the decline in productive activity with its accom-panying drop in pay rolls, the severe drought experi-enced over a large section of the country, togetherwith the high temperatures recorded, and disturbedlabor conditions.

Passenger automobile sales were an exception to thegeneral trend of retail business. While the unadjustedindex of sales was lower than in each of the 3 precedingmonths, the adjusted index advanced to a high for theyear. Sales of cars during August have declined, butthe retail demand is reported to have held up verywell when allowance is made for the usual seasonaltrend.

A sharp decrease in the dollar volume of departmentstore sales is usual for July, but the decrease last monthwas slightly larger than the estimated seasonal change.The adjusted index dropped 1 point, bringing thetotal recession since May to 4 points. July saleswere only 4 percent higher in value than in 1933 andwere less in physical volume. As it does not appearprobable that August sales duplicated the marked risewhich occurred in August 1933 (the adjusted indexfor that month advancing 10 percent), the index ofdollar sales for the current month may fall belowthe level of the corresponding month of the previous

year for the first time since August 1932. By FederalReserve districts, the change from a year ago variedfrom an increase of 21 percent for the Atlanta districtto a drop of 9 percent in San Francisco. The onlydistrict reporting a larger gain over 1933 in July thanin June was Chicago, which showed an increase of 10percent against 8 percent in the preceding month.

Sales through variety stores declined 8 percent, com-pared with the average seasonal decline of 6 percent.The dollar volume of sales through chain grocerystores fell off 4 percent, which was also slightly largerthan usual. General merchandise sales in small townsand rural areas were off by 15.5 percent, comparedwith a drop of 11 percent in 1933 and 23 percent in1932 for the same period.

The favorable trend of commercial failures has con-tinued during July and August. Failures so far during1934 have been about half the total of a year ago, bothin number and in liabilities involved. In connectionwith the high mortality of the years prior to 1934, it isinteresting to note that preliminary data for the 1933census of both wholesale and retail trade reveal atendency for the number of establishments to declineonly very slightly during the depression despite theshrinkage in total sales, which reduced the averagesales per establishment by about one-half. See thearticle on pages 16 to 19, inclusive, of this issue for adiscussion of the results of the 1933 census of whole-sale distribution which was taken by the Bureau ofthe Census.

DOMESTIC TRADE STATISTICS

Year and month

1931: July1932: July1933:

JulyAugustSeptemberOctoberNovember...December

1934:JanuaryFebruaryMarch.AprilMay ._JuneJuly ...

Monthly average Januarythrough July:

19321933 . ..1934 .

Eetail trade

Department stores

Sales

Unad-just-ed!

Ad-just-ed *

Stocks a

Unad-just-

ed

Ad-just-ed '

Monthly average, 1923-25=100

6646

4959737775

121

57597373777051

655766

9265

707770706569

69

3z7473

7559

566273777862

59636768686360

685564

8164

806470706965

66665565666584

Chain-store sales

Com-binedindex

(19 com-panies)

Avg. samemo. 1929-

31 ==100

83

868485848388

8985888685

Variety stores

Unad-just-ed i

Ad-just-ed*

Mail-orderandstore

sales, 2houses

Monthly aver- Thou-age, 1929-31= i sands of

100 j dolls.

87.470.2

74.476.782.586.986.8

153.7

70.273.087.282.590.086.379.7

75 I71 fi81 3

98.278.9

83.6 ,86.7 i86.485.685.583.3

94.287.594.887.290.0 !90.889.5

45, 09332, 073

33, 59240, 32743, 21953, 55052, 03761,971

36, 70536, 01643, 595?46, 03751,07246, 33037, 387

35, 56332, 52242, 448

New passen-ger car sales

Unad-just-ed i

Ad-just-ed 2

Monthly aver-age, 1929-31=100

70.931.0

57.558.351.242.733.017.3

22.845.768.487.978.184.673.1

43.145.265.8

64.528.0

52.552.052.053.553.030.5

33.554.564.559.055.563.566.5

Wholesaletrade

i

Em-ploy-ment

Payrolls

1i Monthly aver-

age, 1929=100

86.876.6

76.979.782.183.583.483.3

82.483.083.683.984.684.184.0

79.074.683.7

83.364.7

59.160.862.366.064.164.5

63.964.665.766.866.366.567.6

69.658.265.9

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

Unad-justedi

Ad-just-

ed »

Monthly aver-age, 1923-25=

100

8768

706970706764

65656767676564

736666

8869

706968666688

70676665656565

Commercialfailures

Fail-ures

Num-ber

1,9832,596

,421,472,116,206,237

1,132

1,3641,0491,1021,052

9771,033

912

2,8612,0211,070

Liabil-ities

Thou-sands

of dolls.

60, 99887, 190

27, 48142, 77621,84730, 58225, 35327, 200

32, 90519, 44527, 22825, 78722, 56123, 86819, 326

89, 21150, 72524, 446

1 Corrected to average daily sales. 1 Adjusted for seasonal variation. »End-of-month figures.

September 1934 SURVEY OF CUERENT BUSINESS

EmploymentDECLINES in business activity during July were

accompanied by a drop in employment and alarger relative decrease in pay rolls, according to thedata compiled by the Bureau of Labor Statistics.There was a net decline in employment and pay rollsin both manufacturing and in the 18 nonmanufacturingindustries currently surveyed.

The number employed in factories in July was 3 per-cent less than in June. This exceeded the usualseasonal decline and the adjusted index receded tothe lowest figure reported since February. July em-ployment was 9.9 percent higher than in the samemonth of 1933, despite the fact that factory outputwas less than a year ago. The July decrease in fac-tory pay rolls, amounting to 6.8 percent, brought thepay-roll index to the lowest figure reported sinceJanuary. Pay rolls were, however, 19 percent higherthan in July 1933. As a result of the larger shrink-age in pay rolls than in the number employed, therewas a further extension of the recent down trend ofaverage weekly earnings.

Reductions in industrial employment were wide-spread during July, with decreases reported for 70 ofthe 90 industries surveyed by the Bureau of LaborStatistics. Of the 14 major groups of industries onlyone, chemical and allied products, showed an increasein employment, after adjustment for seasonal varia-tion. A major factor in the rise in this group was theincrease of 8.4 percent in the rayon industry whereabout half of the number laid off in the spring monthshave been returned to work. The largest decline for

the month was in the iron and steel industry where theabrupt drop in production was reflected in the employ-ment figures. The next largest drop was in the trans-portation equipment group, partly in reflection of theslackening rate of production in the automobile indus-try. In the 20 industries in which increased employ-ment was reported, seasonal variations and the termi-nation of strikes were the major influences.

Pay-roll increases were reported for 3 of the 14 man-ufacturing groups, namely, leather and manufactures,food and kindred products, and chemical and alliedproducts. These gains ranged from 0.6 percent forchemicals to 5.9 percent for the leather group. Thelargest declines were in the iron and steel industry (24percent) and in the transportation equipment indus-try (16 percent).

Among the nonmanufacturing industries, employ-ment increases in July as compared with June werereported in 10 and pay-roll increases in 8. The groupemploying the largest number of persons, retail trade,reported a decline of 5.6 percent in employment and of2.9 percent in pay rolls.

Employment afforded by the Public Works Admin-istration reached a peak of 665,000 in the final week ofJuly, according to data compiled by that organization.This represented a gain of 365,000 in a period of about4 months. The Emergency Works Program of theF.E.R.A. gave employment to 1,200,000 persons inJuly, an increase of 200,000 over June. An increasein the number of C.C.C. workers was reported.

STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES

Year andmonth

1931: July1932- July1933:

JulyAugustSeptember..OctoberNovember .December..

1934:JanuaryFebruary _ _MarchAprilMayJuneJuly

Monthly aver-age, Januaryt h r o u g hJuly:

19321933

Factory employmentand pay roils

Employment

Unad- Ad-justed 1 justed i

Payrolls

Unad-justed

Monthly average,1923-25=100

77.058.9

71.576.480.079.676.274.4

73.377.780.882.382.481.078.6

65.2fi3 0

1934 79. 4

78.059.6

72.576.478.077.875.975.0

75.178.481.082.282.481.479.4

66.239.8

50.856.859.159.455.554.5

54.060.664.867.367.164.860.4

48.742.3; 6^.7

Nonmanufacturing employment and pay rolls(Department of Labor)

Anthracitemining

Em-ploy-ment

Payrolls

Bituminouscoal miningEm-ploy-ment

Payrolls

Power andlight

Em-ploy-ment

Payrolls

Telephoneand telegraphEm-ploy-ment

Payrolls

Retail trade

Em-ploy-ment

Payrolls

Monthly average, 1929=100

65.144.5

43.847.756.856.961.054.5

64.163.267.558.263.857.553.6

65.149.161.1

53.734.5

38.246.660.761.647.844.3

73.265.882.451.764.053.342.3

54.641.261.8

76.458.6

63.268.671.868.074.875.4

75.876.177.872.276.776.777.0

68.765.276.0

50.424.4

33.643.344.144.150.750.8

51.354.658.951.454.455.149.7

36.731.553.6

96.782.3

77.578.180.382.282.6

I 81.8

82.281. 281.7

: 82.4i 83.11 84.0! 85.0

85.277.282.8

97.478.7

70.070.971.876.274.574.4

73.874.475.676.877.677.881.1

83.770. &76.7

86.679.1

68.568.168.368.768.969.4

70.269.870.070.270.270.471.0

81.171.770.3

93.379.6

66.766.164.667.067.767.7

69.067.970.468.871.471.373.3

85.069.370.2

83.974.6

74.678.186.089.691.6

105.4

84.683.887.288.288.888. 283.3

80.475.786.3

83.363.3

58.162.769.272.372.680.3

68.867.769.571.571.871.669.5

71.559.270.1

Trade-unionmem-

bers em-ployed

Percentof total

members

7466

696971737271

72747576767572

696774

Wages

Factory »

Averageweekly

earnings

Averagehourly

earnings

Dollars

22.3415.43

19.3419.3419.4119.5018.4418.57

18.8919.8120.4921.0020.7920.7019.92

17.6516.7520.23

.564

.489

.456

.507

.536

.542

.546

.550

.551

.558

.561

.579

.586

.586

.587

.513

.458

.572

Com-monlabor

Centsper

hour

3632

343537373838

37374243434342

333341

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


FinanceAWEAKENING tendency in stock prices which

set in about the middle of July, after steady gainsduring the first half of the month, developed into aseries of sharp breaks during the final week of themonth. Following these reactions the market tendedto smooth off during the first half of August while thevolume of trading stood persistently at unusuallylow levels. Certain issues—particularly rails—experi-enced occasional weakness early in August,, The an-nouncement on August 9 of plans for the "nationaliza-tion" of silver, caused a temporary flurry in prices butby the middle of the month dullness and low turn-overagain featured market activity.

In general, bond prices moved with share prices.During July bond prices receded somewhat, while dur-ing the first half of August trading steadily diminishedand prices showed comparatively few importantchanges. After reaching new high levels during thefirst half of July, United States Government bondprices subsequently tended to decline.

While capital issues in July reached the largest dollarvolume for any month in approximately 3 years, theincreased total does not indicate a revival in the newcapital market. Out of a total of $373,362,000 forall issues, $135,000,000 represented Farm Loan issues;flotations of States, municipalities, and other politicalsubdivisions amounted to $92,583,000; and two rail-road issues made up $100,000,000 of the balance. Theamount of new capital raised by corporations was$20,279,000, less than half of the total of a year agoand only 5 percent of the comparable 1930 total.

Dividend payments in July showed a continuationof the slow upward movement. Reports published by

250 industrial corporations revealed net earnings sub-stantially above those of the corresponding period of1933, although in some instances the rise in profitswas modest considering the rise in the volume of thecorporation's business.

Money rates during August showed no importantchanges from the extremely low levels of recent months.The decline in bankers' acceptances outstanding hasapparently been influenced in part by the tendency oflow rates on commercial loans to make the latter adesirable borrowing medium.

Owing to the fact that the combined total of invest-ments and nonsecurity loans increased slightly morethan security loans decreased, the net effect on out-standing member bank credit was a slight increase inJuly. During the first 2 weeks of August this tend-ency continued only in part inasmuch as investmentsreversed their previous trend. Net demand deposits ofthe reporting member banks recovered, in July, the losswhich they had sustained around the middle of Junethrough Treasury transactions. Excess member bankreserves increased to a new peak of $1,900,000,000late in July and have remained around that figure.Federal Reserve bank credit outstanding showed noimportant changes during the period under review.

As a result principally of net imports and net re-leases from earmark the monetary gold stock of theUnited States rose about $75,000,000 during July to anew high total of $7,930,000,000. The first gold to beexported since the revaluation of the dollar was a ship-ment of $1,000,000 about the middle of August. Subse-quent shipments brought the total exports for themonth through the 25th to about $7,000,000.

FINANCIAL STATISTICS

Year and month

1931:JulyAugust

1932:JulyAugust

1933:JulyAugustSeptember..OctoberNovember .December

1934:January .February.MarchAprilMavJuneJuly

Bankdebits

outsideNewYorkCity

Report ing memberbanks, Wednesdayclosest to end ofmonth *

Loanson

securi-ties

Allotherloans

In-vest- j

ments ;

FederalReservebankcreditout-

stand-ing,

end ofmonth

Totalbank-ers' ac-cept-ancesout-

stand-ing* _

end ofmonth

Netgoldim-

portsin-

cludinggoldre-

leasedfromear-

mark 2

Moneyin i

circu- Ilation |

Savings deposits

NewYorkState

PostalSav-ings

Millions of dollars

18, 44416, 526

12, 51111, 757

13, 87812, 37512,21513, 02711, 92713, 288

13, 19811, 78414, 07714, 27814, 10514, 75413,910

4,0803,971

3,7723,7663,6873,6043,5693,620

3,6093,5203,5143,5773,4763,5293,358

5,4265,354

4,7744,7674,853 i4,9894,9994,765

4,7404,6654,6474,5594,550 i4,4854,515

7, 0947,147

8,0118,0747,989 i8,1568,1048,200

8,7729,2159,3119,3269, 280 :9,7239,880

976 !

1,255 :

2.4392,331 |

2,2092,2972,421 \2,5492,581 :2,688

2,6302,5672,545 i2,4852, 4632,472 :

1,2281,090

705 !081

738694715737758764

771750685613569534516

—10.241.5

52.8106.6

.6-.9

-7.4-5.5-.52.7

9.4521.2236.753.634.165.053.8

4,836 !4,947

5, 7525,720

5,6755,616 ;

1 5, 6325,656 i5,681 j5,811 :

5,669 \35,339 !5,368 I5,3665,3555,341 i5,350

5,1495,173

5, 2535,243

5,0855,0595,0795,0495,0295,064

5,0675,0765,1225,0975,0905, 1345,114

372423

830848

1,1771,1781,1811,1891,1991,209

1,2011,2001,2001, 1971,1971,1981,191

Stockprices(421)

Stand-ard

Statis-tics

1926=100

98.295.5

35.953.3

80.475.174.869.569.170.4

75.680.577.179.671.873.571.4

Bondprices,NewYorkStockEx-

change(do-

mestic)

Dollars

95.4993. 75

79.2583.70

88.0387.9185.8284.7082.9885.11

88.7790. 1291.09

| 92. 54j 92. 32i 93. 16i 92.00

Newcapitalissues

Thous.of dollars

222,564 ;

120, 329

105, 38162, 024

117, 69345, 60063, 81458,702 i88,257 |57,000

47,77579, 12197,276 j

143,404 !102,733 {

122,506316,645

Aver-agedivi-dendper

share(600

com-panies)

Dollars

2.312.26

1.311.25

1.051.051.061.061.101.11

1.121.151.161.161.181.191.21

Interestrates,com-

mercialpapgr

months)

Percent

22

2 ~2;/2

iM1M

1 -lYi

1

1 91 cities. * Net exports indicated by (—). 3 Gold coin reported in circulation prior to Jan. 31, 1934, was eliminated from the total as of that date.

September 1934 SUKVEY OP CURRENT BUSINESS 9

Foreign TradeUNITED STATES foreign trade declined more than

seasonally in July. Total exports, valued at$161,787,000, were 5 percent smaller and generalimports, valued at $127,342,000, were 6 percent lessthan in the previous month. Ordinarily exportsdecline approximately 1 percent and imports 3 percentfrom June to July. The adjusted index of both exportsand imports declined, the former receding from 50 to48 and the latter from 44 to 43.

In July, for the first time in over a year, the value ofimports was lower than in the corresponding month ofthe previous year, the decline amounting to 11 percent.The value of exports was 12 percent larger than inJuly 1933. Adjusting for the advances in averageunit values (price) of export and import commodities,which in each instance were approximately 15 percenthigher than a year ago, it appears that the quantityof goods exported in July was about the same as inJuly a year ago, while the quantity of goods importedwas over one-fifth percent smaller.

The decline in the value of exports is almost entirelyattributable to a reaction from the unseasonal increaseof 11 million dollars in cotton shipments during June.The decrease during July totaled 9 million dollars.Exclusive of cotton shipments, the value of exportshas remained about the same during the last 3 months.

Exports of passenger automobiles have been main-tained at approximately the same level for 4 consecu-tive months. Individual classes of export commoditiesshipped in somewhat greater volume in July than in

June included industrial machinery, meat products,fish, apples, canned fruits, wheat and flour, paper basestocks, crude sulphur, petroleum and products, ironand steel semimanufactures, lumber, radio apparatus,and aircraft.

As in the case of exports, one commodity, sugar,was largely responsible for the lower value of imports.The imports of sugar from the Philippines, which haddeclined sharply in June, practically ceased in Julyas a result of the exhaustion of the sugar quota for thatarea.

Crude material imports declined from a value of$42,578,000 in June to $39,086,000 in July. Contribu-ting to this lower value were declines of $1,113,000and $1,108,000, respectively, in the value of importsof rubber and of crude petroleum. Imports of semi-manufactures and finished manufactures, on the otherhand, increased during July. Among the commoditiesshowing gains both in quantity and value were leathermanufactures, undressed furs, coffee, meat products,burlaps, manufactures of wool, tung oil, wood pulp,coal tar products, and tin.

Imports for consumption, which include goodsentered immediately upon arrival plus withdrawalsfrom bonded warehouses, dropped from $135,120,000in June to $124,123,000 in July. Goods entered intobonded warehouses declined slightly from $19,650,000in June to $19,156,000 in July, while withdrawalsfrom bonded warehouses decreased from $18,293,000in June to $15,937,000 in July.

EXPORTS AND IMPORTS

Year and month

1931: July1932: July1933:

JulyAugust _.September ..OctoberNovemberDecember _

1934:JanuaryFebruaryMarch _AprilMayJuneJuly

Cumulative, Januarythrough July:

193219331934

Indexes

Valueof

totalex-

ports,ad-

justed i

Valueof

totalim-

ports,ad-

justed i

Monthly aver- 'age, 1923-25=100

5432

433840424248

44475050455048

338333348

5927

485048464042

42424442474443

336332343

Ex-ports,in-

clud-ing

reex-ports

Exports of United States merchandise

Total

Crudematerials

TotalRawcot-ton

Food

Total

stuffs

Fruitsand

prep-ara-tions

! Semi-man- iufac-tures

Finishedmanufactures

i

TotalMa-chin-ery

Auto- imo-biles,parts,and

acces-sories

Total

Imports

c™de Food-tmials stuffs

i

Semi-man-ufac-tures

Fin-ishedman-ufac-tures

Millions of dollars

180.8106.8

144.1131.5160.1193.1184.3192.6

172.2162.8191.0179.4160.2170.6161.8

946.8813.4

1,198.0

177.0104.3

141. 6, 129.3

157. 5190.8181.3189.8

169.5159.7187.5176.5157. 2168.0159.3

923.9798.5

1,177.6

28.4 !27.6

51.542.063.681.871.373.1

60.454.255.345.938.047.037.3

268.4258.8338.0

13.515.9

36.828.245.354.248.844.3

41.537.734.724.517.628.930.3

177.4177.5305.3

32.315.6

15.416.918.723.524.124.3

22.719.620.117.816.814.917.1

142.895.5

139.0

7.64.3

4.35.66.8

11.09.78.3

8.46.85.54.43.34.03.9

36.826.235.3

27.9 i14.1

21.4I 20.5i 21.3; 24.4! 24.2i 28.5! 25.0< 24.5

31. 4! 29.4; 26. 2

27.938. §

: 120. 8118.2193.3

88.447.0

53.350.0 i53.9

1 81. 161.763.9

61.461.480.883.476.278.176.3

1 391. 9326.0

i 517.5

22.59.6

10.111.111.713.516.015.8

14.414.618.319.217.018.618.9

82.064.4

130.9

11.76.2

7.58.18.38.67.39.3

10.813.220.621.520.620.018.4

51.849.1

135.1

174.579.4

i 143. 0154. 9146.6150.9128.5133.5

128.7125.0153.1141. 1

! 146. 91 135. 0

134.1

! 826. 2735.1953.9

50.019.5

46.550.848.346.937.336.2

35.736.944.941.042.842.639.1

225.2198.7383.0

47.126.3

38.835.431.234.830.642.4

39.338.348.645.6

"46.339.339.1

252.8242.8386.4

30.011.9

31.035.133.533.227.827.2

26.422.229.726.126.926.837.5

137.2135.1185.7

47.421.8

26.833.733.536.032.827.7

27.327.629.828.430.826.438.5

211.1158.5198.9

'Adjusted for seasonal variation. 2 General imports through December 1933; imports for consumption in 1934. a Monthly average.81994 24 . o

10 SURVEY OF CURRENT BUSINESS September 1934

Real Estate and ConstructionCONSTRUCTION contracts awarded during July

were lower than in June, the movement conform-ing to the usual seasonal trend. According to datacompiled by the F. W. Dodge Corporation, contractslet for nonresidential building were substantially higherthan in the preceding month, offsetting part of thedeclines in the other three groups. A major portionof the increase in the nonresidential building groupfell in the factory classification and was due to plantexpansions in the chemical and textile industries.The slackening in residential building was reflected ina slowing down in all the major classes of dwellings,as well as in the contracts classed under Home Owners'Loan Corporation improvements. The decline in pub-lie utilities is of only limited significance, as construc-tion in this field has been on a very restricted scalefor an extended period. Public-works contracts letduring the month were about 30 percent lower thanin June, the decline in highway contracts being theprincipal cause of the drop.

Contracts financed by private, as distinguished frompublic funds, constituted a larger percentage of thetotal than in other recent months. Publicly financedprojects in July amounted to $52,507,600, or 44 per-cent of the total compared with the correspondingpercentage of 58 in June. This trend was influencedby the increase in industrial building noted above.

By geographical areas, lower contract totals werereported in 9 of the 13 divisions. A substantialincrease occurred in nonresidential building in theMiddle Atlantic States, and in the New Orleans terri-

tory. The increases reported for the Kansas Cityand St. Louis areas were slight.

The F. W. Dodge Corporation's total of contem-plated construction reported during July, amountingto $244,000,000, was $70,000,000 less than in June,The reduction from the July 1933 total of $448,000,000was much larger, and was pronounced in each of thefour major construction groups. The drop in con-templated construction was especially severe in theresidential group.

Real-estate foreclosures during the first 6 months of1934 were about 12 percent fewer in number than inthe corresponding period of 1933, according to statis-tics collected by the Federal Home Loan Bank Boardfrom 1,034 identical communities having 53 percentof the total population of the country. There were,however, three times as many foreclosures as in thefirst half of 1926. An increase was reported for sevenStates—New Hampshire, Vermont, New York, Mich-igan, Minnesota, Arkansas, and Idaho—but all of theothers showed improvement. In recent months, thenumber of foreclosures has averaged about 16,000 andno one month has deviated to any marked extentfrom the average.

The index of construction costs of the EngineeringNews Record declined slightly during July. Therecession in the wholesale prices of building materialsfrom the peak of the year up to August 18 amountedto 1.6 percent. This index is the highest with refer-ence to the 1926 average of any of the groups includedin the Bureau of Labor Statistics composite index.

BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE

Year and month

1931: July1932: July1933:

JulyAugustSeptemberOctoberNovember _ _December

1934:JanuaryFebruary _. _MarchAprilMayJune--July

Monthly average January throughJuly:

19321933.1934

Construction contracts awarded

F.R.B.indexad-

justed i

Monthlyaverage,1923-25=

100

6127

212430374858

49443332262627

271834

All types ofconstruction

Num-ber ofproj-

\ ects

10,6637, 008

8,228! 8,186i 7, 594

7, 4766,2327,677

7,7295,507

i 7, 9278,1149,1538,368

! 7, 182

6,5486,8657,711

Mil-lions ofdollars

286129

83106120145162207

18697

178131134127120

114 i74

139

Residentialbuilding

Mil-lions ofsquare

feet

15.95.5

7.46.46.36.96.45.9

3.93,68.06.06.27.54.8

6.75.95.7

Mil-lions ofdollars

63.919.7

23.621.921.521.523.623.9

15.114.528.122.724.826.619.9

26.119.521.7

Pub-lic

utili-ties

Pub-lic

works

Millions ofdollars

26.45.5

4.119.43.47.06.9

34.0

10.66.4

21.012.45.6

13.17.9

6.44.6

11.0

91.054.6

14.832.057.385.7

104.199.2

103.146.771.957.551.244.331.2

36.717.358.0 !

Explo-sives,new

orders

Thou-sands ofpounds

26, 97015, 733

23, 83425, 10625, 10725, 08423, 25623, 318

28, 50425, 58427, 72526, 95824, 23124,81223,384

17, 72918,21625,885

Building materialshipments

Maplefloor-ing

Oakfloor-ing

Thousands offeet, board

measure

3,4472,264

4,3263,3862,6223,2362,3003,234

3,6653,6654,6434,3034,5123,5734,421

2, 1982,5124,112

25, 6917,699

13, 67612, 7939,5638,624

10, OJL76,417

5,1378,112

13, 7119,4769,8137, 9657,713

11,40510, 5018,*47

Ce-ment

Thou-sands ofbarrels

15, 5459,218

8,6975, 9946,5176,7504,4633,738

3,7782,9524,6186,4928,7848,5397,893

6,2175,2326,151

Highwaysunder

construc-tion

(NationalIndus-

trialRecovery

Act)

Thou-sands ofdollars

34, 96292, 215

134, 491159, 575

197,088216, 291239, 974269, 229288, 460283,506267, 509

251, 722

Con-struc-tion

costs,Eng.

News-Rec-ord 2

Month-ly av-erage,1913=

100

174.4153.4

165.5167.0175.5187.7190.1192.1

191.3194.0194.0195.9

\ 199. 6199.6199.7

156. 1161.4

J 196.3

Long-termreal-

estatebondsissued

HomeLoanBank,loansout-

stand-ing

Thousands ofdollars

8000

000000

000000

400

36412957

53, 74559, 80666, 32973, 11080, 69988, 442

92, 49794, 04093, 12588, 92286, 84286, 24885, 723

29, 51189, 628

1 Based on 3-month moving average and adjusted for seasonal variation. 2 First of montb, Aug. 1,1934, index, 198.4.

September 1934 SURVEY OF CURRENT BUSINESS 11

TransportationFHEIGHT-CAR loadings declined 1,966 units during

the week ended August 18, following a decline of8,768 units in the preceding week. Loadings for theweek indicated were 6.7 percent below those for thecorresponding week last year and were 63.9 percentof the average for that week during the preceding 15years. This represents a lower percentage of the pre-ceding 15-year average than for any week this year.The high for the year on this basis was reached in theweek ended February 17, when loadings were 73.8percent of the 15-year average for that week, but thecorresponding percentages were approximately thesame for the weeks of March 17 and June 30. Load-ings for the first 33 weeks of the year were 10.3 percentabove those for the corresponding period last year and11.3 percent above the like period in 1932.

For the month of July the index of car loadings,adjusted for seasonal variation, fell to 61 percent ofthe average monthly loadings for 1923-25. This is thelowest point reached by this index since last November,when it was 59. In March it stood at 66 and in Juneat 64. The decline since March amounts to 7.6 percent.

Of the 8 classes of freight, as listed in the table below,only 2 showed gains in cars loaded in July as comparedwith June, namely, grains and livestock. The in-crease in grain and grain-products shipments, however,was less than seasonal, and the adjusted index for thisclass of freight fell from 90 to 79. The increasedshipments of livestock were occasioned by the move-ment of animals from the drought area for feeding or

for slaughter. The adjusted index for less-than-carlotshipments was unchanged for the month.

Total operating revenues of class I railroads for the6 months ended June 30 were 15.2 percent above thefigure for last year, slightly above that for 1932, but25 percent below the amount reported for 1931. Pre-liminary data for July indicate a recession in grossrevenues as compared with June. Net operating in-come also declined in July and was considerably belowthe total for July 1933.

The number of employees of class I steam railways,excluding switching and terminal companies, decreasedslightly in July from the recent peak in June. In eachof the 4 months, April to July, the number of employeesreported was above 1,000,000, while in the precedingyear this figure was exceeded only in the 3 months,August to October. The new index of railway employ-ment, adjusted for seasonal variation, as reported bythe Interstate Commerce Commission, is 57.1 (pre-liminary) for July, as compared with the average for1923-25 as 100. The index for each of the past 5months is above the index for any previous monthsince June 1932.

The average number of miles of road operated byclass I railroads continues to decline. For each ofthe last 6 months of 1929 and the 12 months of 1930,miles operated exceeded 242,500. Since that time thedecline has been almost continuous, miles operatedfalling to 239,059 in May of this year, followed by aslight increase in June.

RAIL AND WATER TRAFFIC

Year and month

1931: July1932: July1933:

JulyAugustSeptemberOctoberNovemberDecember.. . _ _ _.

1934:January ._ . _FebruaryMarchAprilMayJuneJuly

Monthly average, Janu-ary through July:

193219331934

Freight-car loadings

F.R.B. index

•IT?Mg

I0333<

Monthly aver-age, 1923-25 =

1007851

666568666056

58616360636463

555562

7651

656160585963

64646662636461

•a1. £>

X

5

»V3•dI05

I

iTS

e^hG'3&

1'3

22-3

£

i £O

3§

1

i

|F

reig

ht-

car

surp

lus

Thousands of cars 4

756.2483.1

624.6625.7640.9651.4591.5513.1

544.4577.2611.8583.7610.4615.6586.6

534, 7528. 1

1 591.6

112.673.6

112.8123.5125.0125.0125.5114.1

129. 8143.8145.9100.3106.8100.393.2

93.198.8

117.6

4.92.5

6.56.77.06.76.46.7

7.710.18.95.86.86.84.4

4.35.07.3

27.114.3

26.927.224.724.423.418.1

18.321.823.724.225.124.620.8

18.119.322.7

56.438.6

44.829.631.229.830.925.9

29.430.129.626.528.134.942.7

31.133.831.7

18.914.6

15.016.620.323.220.515.1

17.515.313.416.316.215.422.2

17.515.616.5

214.6161.1

165.7170.0168.4172.6166.7148.5

153.8156.9165.5166.0164.9157.7153.2

179.5160.5159.8

36.16. 3

25.034.236.827.87.42.9

3.13.13.77.4

20.733.131.3

3.57.9

14.9

285.5172.3

227.8217.9227.6242.0210.7181.9

184.8196.2221.0237.4241.6242.7218.7

187.6187.2221.1

564764

393398380385441463

434375357368355343348

741577369

Pu

llm

an

pas

senger

s ca

r-ri

ed

Thou-sands

2,0231,276

1,2241,3511,3921,2561,0541,333

1,3061,1321,2271,2121,1221,303

a 1, 388a I, 018o 1, 217

Financialstatistics, class

I railroads

i£

n!O

llII1|"S rt

fc

Thousands ofdollars

372, 808235, 331

293, 708297, 018292, 147294, 342257, 676245, 330

258, 006248, 439293, 178265, 391282, 024282, 779277, 500

259, 820244, 136272,474

55, 86511, 287

64, 30760, 97860, 93657, 26537, 56637, 764

30, 93129, 28152, 03832, 26539, 49541,83636, 200

17, 27231, 29437, 435

Canal traffic

•«'S«e%£m+as&

1QQ

1o>fc

Thousands ofshort tons

7,6132,638

6,0507,6918,4537,1543,014

172

000

135,7457,9017,522

506376

473623517593664

0

000

140550557519

"97i

C8S

IThous.of longtons

820576

8231,002

9611,082

664922

846979

1,1191,0381,008

835

"654"689c971

i Daily average basis. 2 For seasonal variation. 3 American vessels, both directions. 4 Average weekly basis. 3 months' average.


Automobiles and RubberCONTINUATION of a favorable retail demand for

ears has given a firm tone to the automotive in-dustry. While production during August has fol-lowed the downward trend of sales, the industry hasshown a degree of resistance to the general decline inbusiness activity which has occurred during the sum-mer months. Sales of new passenger cars in July,adjusted for seasonal variations, reached a high forthe year, exceeding the June sales by about 5 percent.Despite the decline which is indicated for August, theretail movement has been sufficiently large to main-tain August production at a rate approximately equalto that for August 1933. In view of the sales resultson current models, preparations for next year's carshave not been pushed.

Official figures covering July production reveal anoutput in excess of the preliminary estimates, althoughthe decline from the June total was larger than theusual seasonal recession. The adjusted index of theFederal Reserve Board declined from 82 percent ofthe 1923-25 average in June to 77 percent in July.The July index was 12 percent above a year ago, andthe highest July figure since 1929.

The number of units produced, including foreignassemblies from parts made in the United States andreported as complete units or vehicles, was 266,575,compared with 308,065 in June and 229,357 in Julyof last year. Production in the first 7 months of theyear, amounting to 1,980,914 units, exceeded the totalfor the entire year 1933 and was 45 percent larger thanthe output of the year 1932.

The export demand for automobiles has been wellsustained, with July shipments of 23,959 vehicles onlyslightly less than in the preceding month. July ex-ports were the largest for that month since 1929, when55,142 vehicles were exported. Export markets tookmore automobiles during the first 7 months of the yearthan for any similar period since 1930.

Activity in the rubber industry declined duringJuly, the decreased activity being only partly theresult of seasonal conditions. Domestic consumptionof crude rubber was 18 percent less than in June and31 percent less than in July 1933. The use of re-claimed rubber, which is steadily but only graduallyincreasing in the industry, amounted to one-sixth ofthe total consumption in the first 7 months of 1934.Reclaimed consumption in this period, amounting to50,649 tons, was 53 percent higher than a year ago.Crude consumption of 262,164 tons was up 28 percentin this period.

Production of tires and tubes declined sharply inJuly, conforming to the trend of shipments. Thelatter figures were affected by the heavy movementof June, which was caused by the stocking up by auto-mobile manufacturers before price increases becameeffective. Original equipment shipments for themonth were not sufficient to equip the cars produced.Total shipments of casings were 24 percent largerthan production and manufacturers' stocks werereduced by 745,000 to 9,168,000. The latter figurewas, however, 68 percent higher than the stockscarried at the end of Julv 1933.

AUTOMOBILE AND RUBBER STATISTICS

Year and month

1931: July.1932: July. ..1933:

JulyAugustSeptemberOctoberNovemberDecember. _

1934:JanuaryFebruary _March. .AprilMayJuneJuly

Monthly average, Jan-uary through July:

193219331934

Automobile production

United States

F.E.B.index,

ad-justed i

Month-ly av-erage,1923-

25=100

6033

696055453045

56717885788277

384875

TotalPas-sen-gercars

Thousands

218109

2292331921356181

157232331355332308267

140174283

18495

1911911571054149

113188275289274262224

118146232

Taxi-cabs Trucks

Canada

Total

Automobileexports

Passen-ger Trucks

INewpas-

sengercarreg-

istra-tions

Number

18027

4689

631,6111,299

32127161000

8018952

34, 31714, 438

38, 09241, 44134, 42429, 81318, 31829, 776

43, 25544, 04156, 52565, 71457, 88746, 21342,707

22, 07827, 53950,906

4,2207,472

6,5406,0795,8083,6822,2913,262

6,9048,571

14, 18018, 36320, 16113, 90511,114

6,7346,400

13,314

6, 4783, 039

i 5, 5466, 5166, 3305,9063, 5273,066

i3, 685

: 8,87216, 14116, 509

1 16, 058i 18, 071

17,621

, 4, 1775,595

13,851

3,5181,865

3,5823,7924,6145,5673,1766,460

7,5736,039

10, 07610, 7568,6126,8166,338

2,0282,8448,030

194, 322104, 188

185, 660178, 661157, 976136, 32694, 18058, 624

61, 24294, 887

173, 287222,900219, 163223, 642230,000

109, 688124, 016175,017

New pa,car i

Unad-justed

ssenger- Pneumaticsales 1 tires «

Ad-justed^

Monthly average,1929-31 = 100

70.931.0

57.558.351.242.733.017.3

22.845.768.487.978.184.673.1

43.145 265.8

64. 528.0

52.552.052.053.553.030.5

33.554.564.559.055.563.566.5

Pro-duc-tion

Do-mesticship-

ments

Thousands

3,9412,893

4,5713,9953,1992,7432,4322,466

3,8044,2055,0254,6274,3234,2123,278

3,1543,0584,211

4,2441,845

4.3243,6742,7141,9431,6862,726

3,0433,1063,9664,2125,0494,9563,974

3,2612,9984,044

Crude rubber

Do-mesticcon-

sump-tion,total

WorldIm- i stocks,ports ; end of

month

Long tons

29, 38226, 010

43, 66039,09731, 04727, 75825, 37125, 306

35, 15936, 51843, 32940,90239, 57136, 62030,035

27, 38229, 19637,452

44, 05232, 524

45, 24345, 41346, 25546,03441, 82140, 751

49, 08835, 22042, 25345, 17549, 90148, 74842, 674

36, 27928, 37544, 723

549, 127579, 195

619, 752603,711619, 019628, 127646, 423644, 898

643, 355652, 690653, 000647, 993659, 865660, 699676,882

614, 708620,812656,355

1 Adjusted for seasonal variations. 3 See note on p. 51. July figures are preliminary.


Forest ProductsE

rMBER production has continued to reflect thecurrent low level of consumer demand. Output

has been irregular, declining sharply in the early partof July but moving steadily higher to a peak for theyear in the middle of August. During June, July,and August, production has been less than in 1933,although for the year through August 18 the cut was 12percent larger than a year ago.

Shipments of lumber, due mainly to the settlement ofthe longshoremen's strike on the Pacific coast, im-proved during recent weeks, and shipments for theweek ended August 11 were the largest since July 1933.Orders received during July were below production forthat month and were also below the total for July 1933.During the last week in July and the first 3 weeks inAugust, orders increased sharply and were consider-ably larger than in the corresponding weeks last year.

As production since the end of June has been in ex-cess of shipments, the already high stocks have beenaugmented. On August 11, gross stocks of 591 millstotaled 3,754 million feet which was equivalent to 163days average production. This compares with stocksequivalent to 139 days production on a similar date in1933.

The Timber Conservation Board, in its review ofoperations for the quarter ended June 30, stated thaton account of strikes, particularly on the Pacific coast,and consumer hesitancy in buying because of priceuncertainties, the lumber industry experienced a lessfavorable second quarter than usual. With the strikesituation cleared up in most sections, increased housing

demand, and the new minimum prices (now in effect),the report indicated that the industry should be able toapproach a balance between supply and demand andreduce its heavy stocks. The board repeated itsrecommendations, made in previous reports, that if thelumber industry hopes to secure reasonable stabiliza-tion it needs to adjust its production and stocks to cur-rent consumption and to the expectancy of recovery indemand. Trade promotion and research to extend theuses of lumber were also recommended.

Employment in the lumber and allied products indus-try declined by 2.4 percent in July. Pay rolls were offby 6.8 percent. As compared with July 1933, employ-ment was higher by 4.7 percent and pay rolls by 14.5percent. Employment in sawmills, although lowerthan in June, was considerably higher than last year.

Exports of all types of lumber during July were 16percent greater than in June. This represents anexceptional June-July gain, but the trend was in-fluenced to some extent by shipping conditions. Forthe year to date foreign shipments of lumber were 0.9percent lower than in 1933 but 6.4 percent higher thanin 1932.

Activity in the paper industry declined during Julywith slight decreases occurring in both employment andpay rolls. Shipments of newsprint from mills (bothCanadian and United States) declined seasonally andwere smaller than a year ago. Mill stocks roseperceptibly, Canadian accumulations reaching thehighest level since March 1932 while United Statesstocks were the largest since July 1933.

FOREST PRODUCTS STATISTICS

Year and month

1931: July1932: July1933:

July _AugustSeptemberOctoberNovemberDecember

1934:JanuaryFebruary . _ _ .MarchApril.MayJuneJuly

Monthly average, Janu-ary through July:

193219331934 „ ..

Production,adjusted 1

Lum-ber

Paperand

print-ing

Employment

Fur-ni-

ture,ad-

justed

Saw-mills,ad-

justed

Tur-pen-tineand

rosin,unad-justed

Pay rolls

Unadjusted

Fur-ni-ture

Saw-mills

Tur-pen-tineandrosin

Monthly average, 1923-25*100

4225

464636333032

34293833333129

262932

10986

111106104999597

9999

100100100

74.252.1

65.368.674.872.267.363.8

62.263.064.163.064.564.764.9

61.055.863.8

41.025.0

30.132.734.535.634.434.0

32.132.733.734.535.634.233.1

26.724.533.7

90.471.9

83.589.497.6

103.9101.1107.7

97.898.6

101.4101.2102.498.697.3

72.871.999.6

55.825.2

36.043.952.855.045.040.1

35.340.541.140.340.541.239.3

36.028.539.7

35.113.3

17.020.123.223.321.820.0

17.419.120.722.524.223.220.9

14.811.921.1

50.533.9

34.236.343.348.345.348.9

50.451.746.253.751.451.050.3

33.330.550.7

Car-load-ings,forestprod-ucts 2

Thou-sands of

cars27.114.3

26.927.224.724.423.418.1

18.321.823.724.225.124.620.8

18.119.322.7

Lumber production

Doug-lasfir

South-ernpine

South-ern

hard-woods

Cali-forniared-wood

Millions of feet, board measure

14980

196188137132128111

10913215115313277

" 102a 121'127

12283

12613311410410396

10611212411711810899

93100112

10971

169165150143131135

124128120135116146116

86

126

158

91518221617

202325242626

' 13e 11'24

Newsprint

Con-sump-tionby

Sub-sh-ers

Im-ports

Pro-duc-tion

Short tons

157, 119131, 823

132, 482127, 837134, 306152, 098154,934148, 427

140,955153, 958156, 721160. 815193, 088154, 175

"148, 191o!31, 807"159,952

173, 457138, 856

163, 434151, 210177, 750175, 711176, 766168, 787

168, 752124, 584168, 839196, 490204, 036200,004197,227

153, 059134, 760179,990

99, 39673, 603

80,3%87, 95772, 09182, 05287, 56780, 895

84,89771, 54484, 96680, 50589, 72682, 26076, 184

88,45376, 82181,440

1 Adjusted for seasonal variations. 2 Weekly average. " 6 months average.


Iron and Steel IndustryPRODUCTION in the iron and steel industry has

declined further during August, following the sharpdrop in July. According to the weekly estimates ofthe American Iron and Steel Institute, steel mill ac-tivity declined from 27.7 percent of capacity in theweek of July 28 to 21.3 percent in the week of August25. Thus, a contraseasoiial decline in output is indi-cated for the current month. The rate of incomingbusiness has been slow, as major consumers have beendrawing down stocks accumulated at second quarterprices.

The high rate of production in the second quarter,when output was determined by price considerationsand fears of labor difficulties rather than consumer de-mands, is the primary cause of the low operating rateand the trend of the industry should be gaged on theperformance of both the second and third quarters.

July iron and steel production, adjusted for seasonalvariations, dropped to 47 percent of the 1923-25 aver-age, compared with 85 percent in June, 99 in July lastyear, and 25 percent in July 1932. Considering theextent of the recession in output, the decline in employ-ment (7 percent) was relatively small, but the drop inpay rolls amounted to 24 percent.

Steel-ingot output during July was at the rate of27 percent of capacity and production was the lowestfor any month since April 1933. The indicated Augustoutput, according to the weekly estimates, was below25 percent of capacity for the first time since March1933, in which month the industry operated at 15percent of capacity.

Shipments of finished products dropped abruptlyduring July. The effects of the abnormal productiontrend in recent months is well illustrated by the ship-ments of the leading corporation which in June were65 percent higher than in 1933, whereas July shipmentswere 50 percent below a year ago. Shipments of steelsheets were less than one-third of the June total andwere the smallest for any month since March 1933.New orders for sheets were less than either productionor shipments.

Pig-iron output also dropped sharply during July,although the decline was less severe than in the caseof steel. The daily average volume of production,adjusted for seasonal variation, was 36 percent lessthan in June and about one-third less than in July1933. The blowing out or banking of 14 additionalfurnaces, making a total of 42 in the past 3 months,reduced the number of active stacks to 75, or the samenumber as were working last December. Pig-ironproduction, as well as steel production, is currentlyrunning below the total for the corresponding periodof 1933, but output for the first 7 months of the yearwas 77 percent above 1933. The increase for steelingot production in this same period, which resultedin the highest output for this period since 1930,amounted to 47 percent.

Reflecting the current state of demand, prices ofsteel scrap have receded to new lows for the year.The composite price of scrap, compiled by the IronAge, receded to $10.17 a ton in the middle of August.A month earlier the figure was $10.58.

IRON AND STEEL STATISTICS

Year and month

1931- July1932- July -1933:

JulyAugustSeptember ,- -OctoberNovemberDecember

1934:JanuaryFebruaryMarchApril .MayJuneJuly

Monthly average, Januarythrough July:

1932 -.1933 -- _ _ .1934

General operations

Produc-tion,ad-

justed *

Em-ploy-ment,

ad-justed*

Payrolls,

unad-justed

Monthly average,1923-25=100

5825

998065604760

56636676848547

334868

69.850.1

62.868.770.969.468.167.6

64.966.469.171.574.376.371.4

55.651.370.6

52.423.4

41.450.047.547.643.343.7

41.145.751.356.861.362.647.6

31.828.952.3

Iron andsteel

Ex-ports

Im-ports

Pig iron

Pro-duc-tion

Thousands of longtons

8453

88119109165158185

17815126 L202242219233

5387

212

3718

534756472931

23253827292518

322926

1,463572

1,7921,8331,5221,3561,0851,182

1,2151,2641,6201,7272, 0431,9301,225

820890

1,575

Fur-naces

inblast

Num-ber

46

1069889797675

878996

1101178975

566295

Steel ingots

Pro-duc-tion

Thou-sands

of longtons

1, 888807

3,1682,8642,2832,0851,5211,799

1,9712,1832,7612,8983,3533,0161,473

1,2151, 720

! 2,522

Per-cent

ofca-

pac-ity

3415

584940372733

33414653565327

2231

s 44

Steel sheets 2

Newor-ders

Ship-ments

iThousands of

short tons

14466

1741591457988

110

20918415827224611573

1 97132

! 180

178 !73

17417416417599 '

112

13114720118424130285

103110184

UnitedStatesSteel

Corpo-ration,

finishedprod-ucts,ship-ments

Longtons

593, 900272, 448

701, 322668, 155575, 161572, 897430, 358600, 639

331, 777385, 500588, 209643, 009745, 063985, 337369, 938

365, 477416, 249578, 405

Prices

Ironandsteel,com-posite

Steelbillets, SteelBesse- i scrapmer (Chi-

(Pitts- cago)burgh)

Dollars per long ton

31.0529.48

29.8130.0431. 3031.5931.5932.42

32.4232.4232.4034.1834.7734.8934.21

1 29. 6528.6433.61

29.0026.00

26.0026.0026.0026.0026.0026.00

26,0026.0026.0026.7529.0029.0027.40

26.8926.0027.16

8.754.88

10.4110.459.849.338.568.94

10.5011.0012.1311.7510.959.759.55

6.547.07

10.80

Finishedsteel,com-posite

Dollarsper 100pounds

2.202.17

2.172.172.202.262.262.31

2.312.312.312.402.532.532.46

2.152.102.41

* Adjusted for seasonal variation. 1 Black, blue, galvanized, and full finished.


Textile IndustriesSIDE from the improvement in the rayon industry,

operations in the various textile industries havecontinued on a restricted basis. The limitation ofmachine activity in the cotton-textile industry, effec-tive for the 12-week period ended August 25, tendedto hold production in that branch to a fairly steadypace.

According to the Federal Reserve Board's index,the output of the textile industries as a group declinedslightly during July, but the adjusted productionindex stood at 77 in both June and July. While theoutput of the industry has recently dropped consider-ably below the level of a year ago, production in thefirst 7 months of 1934 was only 14 percent below 1933and was 18 percent in excess of 1932.

Cotton spindles were operated on the basis of 74.3percent of single-shift capacity during July, comparedwith 72.7 in June and 117.5 in July, 1933, accordingto the long-term series of the Bureau of the Census.Average spindle hours per spindle in place were 167in July and 169 in June. Output of cotton printcloth was slightly higher in the four weeks endedAugust 11 than in the preceding 4-week period, whileprinted yardage in storage dropped from 111,154,000yards to 108,358,000 yards in this interval.

Activity in the woolen industry was only slightlychanged during July. Spindle activity was at a some-what higher rate than in June, and the consumptionof raw wool was about the same. The decline in

weaving was pronounced in the'carpet and rug branch.Narrow looms were also operated at a lower rate,but wide loom activity increased.

Conditions in the silk industry have not undergoneany marked variation in recent weeks, with productioncontinuing at a low level and silk prices displayingfurther weakness. Daily average consumption of rawsilk during July was the same as in June, but therewas a decline in weaving operation following thetemporary gains in June which resulted from thealmost complete suspension of operations for one weekin May. Production of stock carrying mills droppedfrom 291 yards per loom in June to 266 yards in July,while the output of commission weavers dropped from459 to 392 yards. Stocks of cloth increased by 2.8percent to the highest total reported since March 1933.

In the hosiery industry, the growth of stocks ledthe code authority to call upon the industry for avoluntary curtailment of production. Current dataare not available to indicate whether the membershave followed out the suggestion of voluntary indi-vidual restriction.

Data on the production of members of the syntheticyarn code authority are not available to measure theextent of the improvement in rayon production.However, the plants operating under the silk-throwingcode produced 54 percent more rayon for weaving inthe 4 weeks ended August 4 than in the preceding4-week period.

TEXTILE STATISTICS

Year and month

1931- July1932' July1933:

JulyAugustSeptemberOctoberNovemberDecember

1934:JanuaryFebruarv ..MarchApril _ _May . _JuneJuly

Monthly average, Januarythrough July:

193219331934__

1

Pro

du

cti

on in

dex

, ad-

!ju

sted

i

Month-ly av-erage,

1923-25=100

10069

13011499918978

87919490897777

7310086

Cotton,raw

ft

5cZZo

iRun-ningbales

450, 884278, 568

600, 641588, 570499, 486503, 873475, 368348, 393

508, 034477, 890543, 690512, 703519, 765363, 414359, 372

382, 143542, 199469, 267

Cotton and manufactures

&+*!E'•£§3Is

ftQC

Mil-lions ofspindlehours

6,5283,656

8,1287,9427,0587,2616,7965,095

6,9706,6927,7207,2607,2795,2535,152

5,3497,4936, 618

Cotton clothfinishing -

§a|l*"-!«*§i"

Thousands ofyards

86, 517

99,901104, 920131,426122, 951114,80383, 41475,833

137,661

106, 280104, 94999,614

106, 388107. 128118, 034111, 154

104.750 107,650

Ifla

!A Q

£§

Month-ly av-erage,1926 =

10066.850.0

80.293.591.388.886.085.5

86.588.689.188.286.386.085.1

53.957.987.1

Wool

i"S

11

Thou-sands

ofpounds

53, 88626, 719

57, 37755, 69450, 46751, 03743, 46633, 570

35, 96834, 34836, 11929, 88928, 21326, 21325,936

25, 74140, 77130. 955

Wool manufactures

Spinningspindles

£

i1

i

Looms

I1 i

Percent of active hoursto total reported

6439

1089982686354

70767570707174

407172

8350

968369656046

52484439412932

406341

4317

545148413927

34393840403028

214036

6445

978773626457

67696655585456

426661

Wh

ole

sa

le

pri

ce

,w

oole

n a

nd w

ors

ted

goods

Month-ly av-erage,1926 =

10067.453.6

72.378.982.784.584.484.3

84.384.384.082.081.080.880.7

59.459.482.4

Silk

i

a03O>

1"3fi

Operations, machin-ery activity

•0**slltt"

|1CJ O

M*£$

P£ft

Bales of Percent of active hours

j pounds tototal

44,74638,382

; 44,59742,852

1 31,1851 28,521

34, 82226, 959

! 40,94239,02144,08037,39238, 74033, 06932,021

42, 28843, 58437. 895

1! 1

34.835.541.646.2

52.864.362.354.937.9

33.631.134.829.1

32.037.036.635.830.0

39.2

56.062.559.748.631.540.0«.,

-...-..J 48.5

ss|&££a&S« «££»-»£OteS

|siDollars

perpound

2.3641.231

2.2731.8811.8891.6471.4651.416

1.4531.5501.4051.3181.2841.1991.139

1.50-1.5761.33

i Adjusted for seasonal variation. » Printed only, 3 Grease equivalent. 4 Twisting spindles.

16 SUKVEY OF CUEEENT BUSINESS September 1934

Highlights on the Wholesale Census, 1933Theodore N. Beckman, Ohio State University, in Charge of Wholesale Distribution, Bureau of the Census 1

WHOLESALE trade constitutes one of the mostsignificant barometers of general business con-

ditions. Changes in its volume usually precedesimilar changes in consumption and the variability inwholesale prices normally presages at least the direc-tion of fluctuations in retail prices. Central wholesalemarkets are sensitive, well organized, and respondmore quickly and accurately to changing conditionsin supply and demand than is true of other types ofmarkets. For these reasons, many indexes of whole-sale trade and of wholesale commodity prices havebeen developed.

Current indexes of various phases of business ac-tivity may be compared with certain methods ofinventory control used by merchandising establish-ments. There is the book inventory, the real per-petual inventory, the tickler method of control, thephysical inspection plan, the purchase record method,etc. All of these aim to indicate the approximateposition of the merchandise in stock in order thatpurchases may be correlated to sales and to stocksalready on hand. However, none of these methods of

* Assisted by John Albright of the Wholesale Census in the preparation of some ofthe tabular material.

control is deemed accurate and the degree of accuracyof each must be checked at least once or twice a yearthrough an " actual physical inventory " which is themost complete and comprehensive of all devices nowin use. In this manner the most accurate inventorymethod may be chosen for control purposes in theinterim, and adjustments made from time to time onthe basis of the results shown by the actual physicalinventory. Similarly, current business indexes mustbe checked periodically in order to ascertain theiraccuracy or degree of error. The best way of ac-complishing this is through a complete census coveringsimilar items of information.

The first comprehensive inventory of wholesalingwas taken in 1930 as part of the Census of Distributioncovering operations for the year 1929. Throughfunds supplied by the Civil Works Administrationanother such inventory was taken during the presentyear as part of the Census of American Businesscovering the year 1933. In this way, it is possible tosee wholesaling in the fourth year of a severe depressionin comparison with the previous snapshot of whole-saling covering a year of prosperity, and to note thechanges effected in this 4-year period.

fc«?5v VMS ' 48.<

TOTAL FOR UNITED STATES

PERCENT DECREASE

I I 25 TO 50Wm 50 TO 60H160 TO 75

I933.--$30,5IZ,27I,0001929-.-$69,056,604,000

PERCENTAGECHANGE -55.8

Percentage decrease in wholesale trade of the United States.


WHOLESALE TRADE OFF SHARPLY—DECLINE INESTABLISHMENTS SLIGHT

During the year 1933, there were in the UnitedStates, according to preliminary figures, 159,724wholesale establishments or places of business whereall or a major part of the goods are sold or distributedon a wholesale basis (table 1). This compares with169,655 such establishments in 1929, or a decrease of5.9 percent. However, when the final results arepublished, the number of establishments will probablytotal around 164,000. This means that the reductionin the number of wholesale business establishments israther small arid probably not in excess of 4 percent.The dollar volume of wholesale business, however,registered a severe decline. In 1933, the net sales ofall wholesale establishments amounted to $30,512,-271,000 as compared with $69,056,604,000 for 1929,marking a decrease of 55.8 percent. It is probablethat the final figures on wholesale trade volume willbe in the neighborhood of $32,000,000,000. Thismeans that the average sales per wholesale establish-ment were considerably lower in 1933 and that thesmaller enterprises exhibited unusual tenacity duringthis depression which is probably the most severe inmany respects in our history. Such a result augurswell for the "small business" man and should tend to

dispel fears entertained by some about the disappear-ance of the small wholesale business unit.

FOUR STATES HANDLE HALF OF BUSINESS

Approximately one-half of the total volume ofbusiness in 1933 was reported by wholesale establish-ments located in the four States of New York, Illinois,California, and Pennsylvania. The States of Ohio,Massachusetts, Missouri, and Texas accounted foran additional one-third of the business. Thus, theeight States named in the order of their importance,each reporting more than a billion dollars worth ofwholesale business during 1933, made up about two-thirds of the total volume. The same eight Statesaccounted for almost two-thirds of the wholesalebusiness in 1929, although the order of their importancehas changed in 1933 from that of 1929 except for NewYork, Illinois, and Texas, which still retain first,second, and eighth places, respectively. Californiachanged places with Pennsylvania, moving up fromfourth place to third. Ohio and Massachusetts ad-vanced from sixth to fifth and from seventh to sixthpositions, respectively, while Missouri descended fromfifth to seventh place. Most of the remaining Statesalso changed rank during 1933, may be seen by refer-ence to table 1.

Table 1.—Summary of Wholesale Trade by States, 1933

State

TotalAlabama _ArizonaArkansas _ _ _ _ -_ _ _ _CaliforniaColoradoConnecticut--.DelawareDistrict of ColumbiaFloridaGeorgia _ _IdahoIllinois _ _ -Indiana - -IowaKansasKentuckyLouisianaMaine - -MarylandMassachusettsMichiganMinnesota ~ _MississippiMissouri- -MontanaNebraskaNevada - -_ - - _ _New HampshireNew JerseyNew Mexico - ._ ___ _.New YorkNorth Carolina _ ..North DakotaOhioOklahoma _ . _ . ___ . .OregonPennsylvaniaRhode Island _ _ ._ _ _ _ _ _ _ ._South CarolinaSouth Dakota.. _ _ - _ . _ - _ -TennesseeTexas _ _ . _._ - -UtahVermontVirginia. _ _ ._ . -_WashingtonWest Virginia _ _ . . _ _ . _ . .Wisconsin. - . _ _ _ ...Wyoming _

Number of estab-lishments

1923

169, 6551,743

3582,0529,7512, 0751,369

286496

2,0543,183

67411,5873,7344,9544,3232,0271,729

9872,2056,0665,2725,5211,7136,6741,2492,890

96326

2,344317

25,3112,4132,8198, 0774, 1791, 439

10, 542737

1,5391,9732,2569,606

736308

2,3442,5911,1323,515

283

1933

159, 7241,548

4691,119

11, 0031,7421,314

238482

1,9852,205

75811,8374,2475, 0574,8331,9732,026

7882,2035,0355, 7775,0011,2465,9081, 2313,280

141282

2,648390

21, 5062,2712,3508,2693,9341,3259,559

5261,2161,6551,9296,876

646247

2,3332,6961,1584,115

347

Net sales

Amount (in thou-sands of dollars)

1929

$69, 056, 604574, 14597, 554

373, 0744, 159, 323

539, 626520, 551118, 087261, 083466, 535

1, 016, 49695, 616

6, 861, 067921, 561

1, 057, 0061, 020, 677

522, 495836, 197189, 975741, 367

3, 065, 8562, 172, 4091, 716, 944

385, 2263, 361, 721

158, 5451,054,064

13, 71961,414

1,008,88153, 547

17, 604, 634717, 432262, 430

3, 094, 100773, 398466, 831

4, 777, 292300, 072333, 528236, 280

1, 068, 9812, 804, 518

180, 10157, 393

656, 309937, 768346, 839979, 276

34, 661

1933

$30, 512, 271187, 88649, 761

115, 7542, 272, 135

230, 781220, 61747, 785

140, 369256, 006386, 53849, 155

2, 772, 669399, 330447, 254281, 728259, 871420, 71397, 686

367, 6971, 422, 897

862, 732793, 495142,831

1, 362, 89776, 073

393, 1359,934

32, 730491, 04925, 237

7, 863, 017372, 91290, 278

1, 576, 675294, 831193, 841

2,116,772132, 477164, 28371, 770

428, 3741, 048, 131

85, 05535, 561

331, 537435, 822170, 269465, 205

18, 716

Percentchange,1929-33

-55.8-67.3-49.0-69.0-45.4-57.3-57.6-59.5-46.2-45.1-62.0-48.6-59.6-56.7-57.7-72.4

50 3-49.7-48.6-50.4-53.6-60.3-53. 8-62.9-59.5-52.0-62.7-27.6-46.7-51.3-52.9-55.3-48.0-65.6-49.0-61.9-58.5-55.7-55.9-50.7-69.6-59.9-62.6-52.8-38.0-49.5-53.5-50.9-52.5-46.0

Percentof total,

1933

100. 00.62.16.38

7.45.76.72.16.46.84

1.27.16

9.091.311.47.92.85

1.38.32

1.204.662.832.60.47

4.47.25

1.29.03.11

1.61.08

25.771.22.29

5.17.97.63

6.94.43.54.23

1.403.43.28.12

1.091.43.56

1.52.06

Rank accordingto volume of

business

1929

2543324

262842373015442

1912142720392279

10315

4113494516471

23366

21293

353438118

40462418331748

1933

3042363

272844342619432

17132425163721

69

10337

4018494611471

20385

23294

353241158

39452214311248

Average numberof employees,

1933

Fulltime

1,058,7678,8492,2355,877

92, 25310, 66811, 1861, 3785,918

14, 78014, 5492,034

88, 88118, 57218, 41712, 47411,96917, 3924,962

17, 13643, 40334, 64928, 2045,009

47, 8393, 137

12, 813450

1,79521, 7881,197

185, 50212, 8163,978

63, 46712, 4679,496

72, 9744,6044,8093,835

15, 62738, 1404,4981,707

15, 82019, 0997,325

21, 983806

Parttime

120, 591951726804

20, 0861,128

982245170

5,3751,547

9677,7602,2622,7582,1692,6121,470

5603,1493,0043, 7732,6871,1933,909

4722,020

71168

1,605143

9,0342,836

5055,3301,8231,1985,642

310602551

1, 9175,266

431124

3,1613,490

7092,794

102

Salaries and wages,1933 (in thousands

of dollars)

Full time

$1, 586, 66411,3183, 3207,009

134, 93414, 34815, 5462,2278,613

16, 14219, 7052, 749

143, 45524, 63023, 17115, 39714, 22622, 3936,763

21, 84472, 51050, 67939, 4785,925

69, 0934,551

16, 287727

2,31834, 628

1, 696341, 39115, 6315,020

95, 23816, 38013, 462

108, 8806,8516,0064,721

19, 10950, 1625,8462,167

19,51227, 07110, 69931, 690

1,146

Parttime

$58, 875347378281

11,0145328979991

1,794460437

4,617943

1,242815

1,097527243

1,0141,8231,7091,255

3821,667

2537213775

95760

6,738780193

2,622730642

3, 122185199208641

2,16518859

1,0991,830

3171,339

51

81294—34


Table 2.—Percentage Decline in Wholesale Business Com-pared with Specified Kinds of Goods, Expressed as Per-cent of 1929 Total

States listed according to decrease in salesvolume, 1929-33

Percentagedecreasein dollarvolume,1929-33

Farm prod-ucts—rawmaterials,percent of

total

1929

Farm prod-ucts plusselected

industrialgoods, per-

cent oftotal

While the average decrease in the business of whole-sale establishments in 1933 as compared with 1929 forthe entire United States was 55.8 percent, 11 Statesshowed a decline of over 60 percent and 24 States hada decrease of from 50 to 60 percent. Thirteen Statesand the District of Columbia showed a decline of lessthan 50 percent, but none of the States (including theDistrict of Columbia) had a decrease of less than25 percent. The States most seriously affected, asshown on the map, are located in the wheat-producingarea and in the Cotton Belt. To this there is but one united states 55.8 17 33

exception, namely, Michigan, ^which apparently suf- 12 l kkota:::::::::::::::::::::::::::: l%i M II

fered from the unusual decline in the automotive busi- \ Alabama f i l 22ness, at least during the first part of 1933. jj- Mte^stoS0~ta 62 9 54

These data are shown in detail in table 2 wherein g'. TexaTka '. 1 ef'e 47 56the States are listed according to the percentage ^ Oklahoma" BI 9 33decrease in their volume of wholesale business in 1933 }*• ^nnessee 59*9 44 51as compared with 1929. The exact percentage de- u Missouri 59*5 2<v 1crease for each State in shown in the second column. }*>. Delaware 59.5 2 10

-to. vjiyguu oo. o i / oo

The third column shows what percentage of the total g. *™^cYicutf 57 6 44 20wholesale business reported for 1929, for the United 20 Fn°d?ana° II'7 29 toStates and for each of the States, consisted of farm 22'pennîvan/a P'? ^ ?tproducts of the raw material type, such as cotton, 1 Minnesota 53! 41 50grain, livestock, leaf tobacco, etc. In the fourth 25. Massachusetts j 53:6 14 24column is shown, for the United States and for each g. New Mexico 1 52.9 21 27of the States, the percentage of the total volume of 29. wisconsm j 52.5 15 so

wholesale business reported for 1929, which consisted 32 wel/vir^m'ia" i so? 4 32of the type of farm products referred to above, plus 34'Mar

thiSialolina 1 501 45 fcertain types of "heavy" goods used primarily for &>. Kentucky 1 50.3 32 40industrial purposes, including machinery, equipment |7. Virginia j 49.5 j is 26and supplies, metals and minerals, and lumber and |9. Arizona 1 49.0 10 IG

rnafpriold 41. Idaho 48.6 43 45HiaitTia.S. 42. North Carolina 48.0 38 42

43. New Hampshire I 46.7 1 6DECLINES MOST SEVERE IN STATES HANDLING 44. District of Columbia 46.2 o 12

LARGE VOLUME OF FARM AND "HEAVY" INDUS- il\ c SI::::::"::::::::::"::::":::::: if.ll ll IIT P T A T T>T?r»FITTr>"TQ 47. Florida j 45.1 1 8IR1AL FRODUCI^ 48. Vermont I 38.0 I 4 9

49. Nevada i 27.6 I 5 10It is a matter of common knowledge that a good L__ ! i

share of the brunt of the depression has been borneby farming and by the heavy goods industries. An When the percentage reduction of sales by States isattempt has been made to express this relationship correlated with farm products (raw materials) andstatistically. The percentage decrease in wholesale specified "heavy" goods percentage of the totalsales volume by States has been correlated first, with sales during 1929> '=0.68 ± 0.05. This is significantthe sales of farm products (raw materials) percent of and represents a fairly high degree of association. Ittotal 1929 sales, and second, with the percentage of mealls that the States which m 1929 reported a large1929 sales accounted for by farm products (raw Proportion of their business consisting of either rawmaterials) and certain "heavy" goods combined. materials from the farm or ot industrial goods such asThe correlations were calculated by the Pearsonian metals> lumber> machinery, and equipment, were theformula greatest losers in wholesale trade volume during the

When the percentage reduction in sales by States is depression. To put the matter somewhat differently,correlated with farm products (raw materials) per- much of the decrease in wholesale business is ac-cent of the total sales during 1929, r (the coefficient counted for by the precipitous decline m the businessof correlation) is found to be 0.56 ±0.07. This repre- of those establishments that deal m industrial ratherserits some degree of association and indicates that the fchan consumer goods. This decline can be moredecline in the sales value of farm products has been accurately measured when the data are available bya contributing factor in the decline in wholesale sales lands of business.

volume and that in general the States which in 1929 EMPLOYMENT ONE-FOURTH BELOW 1929reported large proportions of their sales totals in rawmaterials coming from the farm showed the severest The 159,724 wholesale establishments employedlosses in business in 1933 from the 1929 level during the year 1933, 1,179,358 persons, 1,058,767


on a full-time basis and 120,591 as part-timers. Theseemployees were paid $1,845,539,000 in salaries, wages,and commissions, of which $58,875,000 went to part-time employees. While part-time employees con-stituted 10.2 percent of the total number of em-ployees, they received but 3.6 percent of the pay roll.On the other hand, the full-time employees made up89.8 percent of the total and received 96.4 percent ofthe pay roll. The employment and wage figuresherein presented do not include proprietors and firmmembers or their compensation and drawing accounts.

When compared with 1929 the number of em-ployees engaged in wholesale trade registered adecline of 26.5 percent. It is likely that when thefinal figures are compiled the decline in employmentwill be found to have been not more than 25 percent.This compares with a decline in employment for whole-sale trade for the year 1933 of 22.1 percent, as shownby the index of the Department of Labor which ispublished monthly in the " Survey of Current Busi-ness/7 It would seem, therefore, that the currentindex of wholesale trade employment for the year1933 overestimated the number employed by approxi-mately 3 points. According to the census, salaries andwages in wholesale trade decreased 45.3 percent fromthe 1929 level. This percentage will probably be re-duced when final figures are compiled to approxi-mately 44. The monthly index of the Department ofLabor shows a reduction of 39.6 percent in wholesaletrade pay rolls in this same period.

Since pay rolls decreased much more than thenumber of employees, it would appear that the aver-age earnings of employees engaged in wholesale tradein 1933 were about 25 percent less than in 1929. Inas-much as the N.I.C.B. cost of living index stood at74.8 in 1933 as against 100 in 1929, the decrease inaverage earnings per employee in wholesale trade wasabout equal to the decline in the cost of living.

EMPLOYMENT IMPROVED IN LATTER HALF OF 1933

Despite the unfavorable picture portrayed in thepreceding paragraphs, some definite bright spots maybe discerned in the results of the wholesale census.These lie in the substantial gains in wholesale tradeemployment during the latter half of 1933 as shownin table 3. If the average number of full-time em-ployees for the year be regarded as 100, December1933 showed an improvement over the beginning ofthe year of 10 points, and October registered an im-provement of 11 points over the first quarter of theyear. Similarly, the peak in part-time employmentreached in November 1933 was 23 points higher thanthe low recorded in March. Wlien the fourth quarterof 1933 is compared with the first quarter, full-timeemployment shows an improvement of 10.9 percentand part-time emplo3rment an improvement of 21.7percent.

Table 3.—Monthly Fluctuations in Wholesale Trade Employ-ment for the United States

[Expressed as percentages of the year's average number of employees]

Month

,\vercHre iTioiit'"1

JamnryFebruarvMarchAprilM a y _ - _ _ . _ _JuneJulyAugustSeptember . .OctoberNovemberDecember

Full time

Percent100

9595P5969798

100102105106105105

1933

Part time

Percent100

9392919295979699

109111114111

Total fulltime andpart time

Percent100

95

9495969899

102106107106106

1929

Full timeand part

time i

Percent100

99

95

103

103

1 Employment data for 1929 were shown for 4 months only.

According to the 1929 Census of Distribution, theseasonal variation in such employment for the UnitedStates is about 8 points for full-time and part-timeemployment combined. If it is assumed that 1929was fairly typical in this respect, it would appear thatthe last few months of 1933 showed more than seasonalbetterment. It is also significant that the increase inemployment which began in April continued graduallyto the end of the year.Table 4.—Wholesale Trade of the United States—1933 Per-

centage Increase in Employment, By States, October-December Over January-March

States

United States average-AlabamaArizonaArkansas - -CaliforniaColoradoConnecticutDelawareDistrict of Columbia _ _FloridaGeorgiaIdahoIllinoisIndiana

KansasKentuckyLouisiana

TVfaryland

MichiganMinnesota

IVIissouri

Fulltime

Percent10.816.55.1

11.713. 16.59 44. 1

10.7-1 412.421.011.811 315 710 5

-8 213 08 59 29 3

13 811.315 08 3

Parttime

Percent21.754.21.0

45.313.90.0

50 714.833.3

-4 045.1

100.013 120.437 427 8

-50 336 914 418 010 435.525.219 711 3

States

Montana .NebraskaNevada _New HampshireNew JersevNe\v MexicoNew YorkNorth CarolinaNorth DakotaOhio .OklahomaOregon., .__ __ .__ _PennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

Fulltime

Percent13.79 1

10.913.58 8

13.67 3

32.414.712 728. 126.98.99.2

18 114.09.9

16. 29 3

13.59.9

17.212.210.913.5

Parttime

Percent51.723 522 83.0

13 9116 5

6 3]74 877.814 481.546.88 55.7

100 065.40.9

44.646 3

108.233.7

101.832.424 935.6

A comparison in full-time and part-time employmentduring the fourth quarter with the first quarter of theyear (table 4) discloses the fact that with but oneexception all of the States in the wheat area and inthe cotton belt, particularly the latter, showed anadvance in employment much higher than the averagefor the United States. Michigan, too, followed in thesame direction. Obviously, had it not been for theimprovement in business as reflected by increases inemployment during the latter part of 1933, the declinein the volume of wholesale trade for 1933 as comparedwith 1929 would have been even more severe.

20 SUKVEY OF CUEEENT BUSINESS September 1934

EXPORTS BY GRAND DIVISIONS, COUNTRIES, AND COMMODITIES, 1933'

January | *e£i- 1! 1

Total, incl. reexports thous. of dol._By grand divisions and countries:

Africa thous. of dolAsia and Oceania thous. of dol—Japan thous of dolEurope thous. of doL_

France thous. of doL_Germany thous. of dol—Italy thous of clol !United Kingdom thous. of doL.I

North America, northern thous. of dol— !Canada thous. of dol—

North America, southern thous. of dol— IMexico thous. of dol._

South America thous. of dol iArg^ntino thou". of dolBrazil thous. of dol— IChile thous of do!

By economic classes:Tot^l domestic thous o* dol '

Crude materials thous. of dol._|Raw cotton mills, of doL.I

Foodstuffs total thous of dolFoodstuffs, crude thous. of dol— |

Foodstuffs, manufactured-thous. of dol— 1Fruits and preparations.. mills, of d o l _ _ |JV'Ieats and fats mills of dol iWheat and flour mills, of dol— •

Manufactures, semi thous. of dol—Manufactures, finished thous. of dol—

Autos and parts mills of dolGasoline mills of dolMachinery mills, of dol—

By individual items:Automobiles, assembled, total .. .number—

PassoTvrer cars numberTrucks. number--

Beef an-'l vc°l thou- of IbCigarettes thousands 'Coal:

Anthracite--- - --thous. of long tons _Bituminous thous. of long tons

Coke thous. of long tonsCopper, re lined short tonsCotton, exclusive of linters.- thous. of bales..Cotton cloth thous. of sq. yd__Cottonseed cake and meal short tons-Fertilizers, total long tons__

Nitrogenous long tons—Phosphate materials-- long tonsPrepared lonf tons

Fir, Douglas:Lumber - -M ft.b.mTimbe*~ M ft b m

GasoHne thous of bblGold thous of dolGrains incl. flour and meal, .thous. of bu__

Barley incl malt thous of buCorn Inpl meal thous. of buOa^s incl oatmeal tôus of buRye incl flour thous of bu"Wheat incl flour thous of bu

Whert o^ly thous of buWheat flour thous of bbl

Iron and steel .long tonsKot"ospne thous of bblLeather sol° thous of IbLeather, upper thous. of sq. f t __Linseed cake and meal thous. of l b _ _Locomotives, railway, total number__

Flectric numberSteam number

Lumber, all types M ft.b.mMêthinol wood distilled gallonsMilk:

Condensed (sweetened) thous. of lb__Evaporated (unsweetened)- thous. of lb__Powdered thous of Ib

Pine, southern:Lumber M ft.b.m_.Timber M f^ b rn

Pork iiicl lard thous of IbLard thous of IbRice pockets (100 lb.)_Shoes, leather thous. of pairsSilver thous of dolSugar, refined, incl. maple long tons__Tobacco, leaf thous. of lb__Vegetable oil^ total thous of Ib

120, 589

3,05525, 27211, 18562, 2168, 989

11,7484,443

21,31112, 67212, 4399,2482, 6348,1262,7122, 606

294

118,55942, 247

29.716, 1804, 663

11,5164.65.92.0

15, 83544, 297

6.55.19.2

10, 1417,0593,082

915207, 980

67337

2112,567

79434, 32221, 94156, 1738,827

44, 13815

25, 72017, 7202,251

144,698

993155237

03, 3131,793

32456, 710

872134

4,51026, 687

000

70, 476112, 122

5043, 129

183

20, 7705, 254

88, 68478, 108

154, 28935

1, 5512,470

28, 4037, 406

101, 515

2,33520, 166

7, 29951, 0947,6538, 6094, 057

18, 68911,70311,5018, 0902, 1738, 1282,7812, 682

291

99, 42331, 848

20.612, 8173, 2469,571

3. 84.51.2

13, 24341, 515

6.33.88.5

8, 6575. 5213, 136

849146,038

80311

12, 515557

34, 21523, 87359, 903

7, 84550, 143

80

15, 37917, 8651,729

21,5213,400

281583366

i2, 175

729308

63, 89561586

5,07122, 799

220

49, 62662,613

5262, 629

179

18, 2325, 024

65, 76157, 773

181, 14641

2092, 768

25, 7886,627

IMarch

108, 015

2,63222, 6829,614

50, 3127,9557,0583,986

17, 64614, 19913,84010, 6172, 9037,5721, 8731,912

375

106, 29329, 359

18.113, 3953, 5249,871

3.94.41.3

16, 50447, 036

6.93.99.4

8, 0565, 5282,5281, 135

238,126

6028723

12, 102488

39, 4755,039

85, 4559, 499

73, 12555

24, 88034, 425

1,82928, 123

3, 9521, 016

371459

12,105

456351

80, 567629162

6, 00417, 246

94

67, 735233, 754

4752, 893

160

17, 3007,684

58,35147, 661

166, 28171

2693,325

36, 7254, 697

April

105, 217

3,43117, 8236, 408

52, 2278,1638, 9083,101

18, 23213, 56813, 30910, 3842,8527, 7842, 5352, 320

297

103, 26528, 618

16.911, 3092.5108,799

2.94.11.1

15, 45947, 879

7.46.08.8

8,3185, 6622,6561, 561

131,016

38435

1410, 630

43628, 150

4, 56469, 580

4, 23963, 621

57

31,77128, 1323,024

16, 7412,548

388187216

31,754

194332

91, 045691168

4,54120, 518

550

75, 085147, 338

5623,290

248

21, 4274,831

50. 63938, 741

157, 23571

1932. 921

38, 7132, 357

May

114, 203

2,46220, 6308,267

56, 8408, 077

11,3914,558

18, 78516, 73516, 43910, 3613,2747,1752. 3501,813

373

111,84534, 986

26.113, 0443,024

10, 0213.84.91.0

17, 60046, 215

7.43.79.1

7, 5385, 0932, 4451,164

197, 603

3172246

10,976592

27, 3845, 373

60, 3495,987

5 2, 479104

35, 79524, 478

1,95322, 925

2, 772381713153

21,523

14321

122, 952598123

5, 19217, 676

550

89, 50459, 621

4822,122

192

24, 9797, 582

56, 15446, 03869, 816

57235

3, 09020, 251

2, 243

June

119, 790

2, 72720, 6247,720

58, 8078, 178

10, 1784,322

22,23018, 42118, 06810, 6332,8218,5782,7561,650

517

117,51740, 257

29.313, 3522,703

10, 6502.95.51.2

18, 17845, 729

6.93.99.3

7,2354,7572,4781,657

142, 109

83806

5612, 575

61530, 268

5085, 504

7, 62571,624

136

39, 44715, 6812,1544,3803, 186

858443163

171,705

16359

102, 55034988

4,87626, 862

1174

94, 97233, 100

3333,147

225

21, 1884,560

52, 09437, 94171, 573

63343

3, 62518, 523

1,234

July

144, 109

3,26230, 12715, 04667, 9958, 583

11, 2354,741

24, 70521, 29620, 92311,7263, 5289,7023,4132,325

456

141, 57351, 509

36.815 383

3^ 07812, 305

4.35.71.1

21, 35953, 321

7.56.0

10.1

9, 1285, 5463, 5&21.344

207, 710

102883

6212, 592

69228, 704

96181, 145

6,58270, 790

251

32, 96823, 3083,027

85, 3752,969

836581155

61,391

28290

88,311846175

6,46438, 382

880

95, 23593, 833

! 330i 3, 305

205

! 29, 532! 9, 015| 51, 112i 36, 200

163,348! 511 2,572

3,51330, 621

| 1,744

August

131, 473

3,74024, 44610, 15762, 7468,4768,9983, 595

24, 68620, 76820, 30110, 8853, 3138,8892, 8972, 088

338

129,31541, 968

28.216. 8863,062

13, 8245.65.41.5

20, 46349, 998

8.13.4

11.1

10, 3086,5163,7921, 689

171, 439

9995373

12, 955531

18, 2152,231

90, 4338,628

79, 428352

24, 83316, 4081,548

81, 4732,831

437438232

31,721

21362

119,374621167

4,91758, 686

1183

78, 19242, 458

3422,394

192

23, 8438, 353

49, 24035, 71473, 077

807,0154,062

24, 503444

Septem-ber

160, 119

4,53532. 12015, 59981, 87412, 38413, 728

7, 23928, 47421 4g,i21, COO9,4623, 324

10, 6433, 5882, 650

656

157, 49063.611

45.318, 7013,398

15, 3026.85.91.3

21,26153, 916

8.33.9

11.7

10, 9446, 3304,6141,859

271,311

12597685

12, 127869

13, 7888, 986

123, 28719, 83497,479

375

27, 51516, 0431,802

58, 2822,605

411482178

31,531

43317

108, 799726124

6,31552, 481

312

75, 96536, 523

3122,885

184

24, 6865,915

61, 15748, 74326, 987

643,3214,020

42, 386504

October

193, 069

4,16635, 05016, 825

108, 59617, 04117, 7208. 537

39i 53221 83821, 48611,1813,499

12,237 14, 1413, 194

458

190, 84281, 794

54.223, 5105, 042

18, 46811.06.21.2

24, 44561, 083

8.66.5

13.5

11,4735,9065,5671, C60

272, 496

85811

10, 7331,047

13, 09516, 484

116,5848,059

102, 986763

25, 36114, 8542,455

34, 0462,169

283288105

31,490

24312

164, 755922113

5,28056, 544

743

80, 46355, 553

3221,927

215

21, 6775,632

61, 86449,81278, 296

582,2814,427

66, 2172,232

Novem- iber

184, 257

4,67037, 57317, 05694, 86414, 08216, 8735,934 I

33,564 j23, 25222, 83311,6483, 685

12. 2484,5592, 862

491

181,29171, 289

48.824, 0556, 653

17, 4029.76.61.6

24, 19561, 743

7.3

ie!o6,7033,5273, 1761, 678

238, 329

831, 000

5613, 108

91515, 08210, 119

117,95411,813

102, 115281

20, 37311,6022,7712, 9574,6091,3141,283

820

1,930513302

157, 6001,045

1026,703

61, 009642

73, 06586, 293

2511,843

196

19, 0385, 229

63, 70547, 56379, 288

77464

4,80044, 2285,223

Decem-ber

192, 638

5,89940, 87818, 259

102, 20812, 12913, 5776, 728

43, 878IS, 89818,51311,7913, 456

12, 9653, 3223, 626

777

189. 80873,071

44.324, 3447,464

16, 8808.36.73.9

28, 49763, 897

9.34.1

15.8

9, 5263, 0666,4601,924

271, 219

71448

3915, 862

82017, 81914, 13081, 35916, 82459, 887

131

30, 87118, 9751,452

10,8156,657

151408123

05,8754,152

388184, 579

851156

6,68456, C69

169

87, 956145, 657

2862,800

162

21, 1567,431

67, 45354, 83896, 097

78590

5, 96562, 568

2,578

Total

1, 674, 994

42, 916327, 393143, 435849, 778121,711140, 02461,240

311,732214, 833210, 651126, 02637, 521

114,04836, 92729, 7285,321

1, 647, 220590, 566

398.2202, 97548, 366

154, 60967.865. 818.6

237, 041616, 639

90.657.5

132.5

1C8, 02764,51143, 51616, 8S3

2, 495, 376

9248, C69

568148, 842

8,356300, 628113,761

1, 027, 726116,762867, 815

2,600

335, 013239, 49125, 896

366, 65242, 3947,3495, 9312,463

4026, 6117,6833,963

1,341,1378,7641,598

66, 569454, 962

835726

948, 2741,118,865

4,72532, 3652,341

263, 82876, 510

726, 274579, 132

1,317,443746

19, 04145, 086

438, 93637, 289

i Compiled by the Bureau of Foreign and Domestic Commerce, United States Department of Commerce, and represent the final corrected totals for the year. Althoughnot all of the statistics have been revised, a complete tabulation of the year's figures is presented herewith for convenience. The import revisions will be presented in asubsequent issue.


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

ITEM

Business activity:New York Times 1 * #.Business Week^f *

Commodity prices, whole-sale:

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

Farm products (67) _ _ _Food (122)All others (595)

Fishers' index, 1926=100:Combined index (120). _ _

Copper, electrolytic %Cotton, middling, spot

Construction contracts %Distribution: Car loadings. _Employment: Detroit, fac-

toryFinance:

Failures, commercialSecurity prices:

Bond prices %Stock prices \

1934Aug.

25

76.971.875.578.4

78.563.849.6

53.6

104.183.6

Aug.18

78.558.1

76.168.974.178.4

77.863.848.9

28.062.6

79.5

48.4

103. 481.2

Aug.11

79.159.2

75.467. 372.278.4

77.863.850.7

62." 8

51.4

103.879.6

1933Aug.

26

84.964.6

69.658. 265.074.4

70.463.835.372 719.765.9

80.1

98.092.5

Aug.19

89.364.3

69.357.564. 474.2

70.363. 834.272 526.966. 2

63. 3

78. 7

98.288.5

Aug.12

89.265.2

69.458.564.974 1

70.363.834.272.5

"65." 7

85.7

98.488.6

1932Aug.

27

65.653.8

65.249.561.670 2

61.9

32! o70.637.556. 1

29.2

144.7

92.167.7

Aug.20

65.453.2

65.449.961.870 2

61.837.727.670.731.654.1

159.2

89.961.0

1931Aug.

29

81.871.0

68.952. 926.575.064.179.6

50.0

107.1

103.6126. 5

Aug.22

82.371.4

69.452.924.675.0

_~78.~1

109.1

103.9128.0

ITEM

Finance— Continued.Banking:

Debits, outside N.Y.C.tFederal Reserve report-

ing member banks :§Deposits:

Net demand _Time - ..

Loans, totalInterest rates:

Call loans |Time loans 1

Money in circulation %. .Production:

AutomobilesBituminous coal JElectric power fLumberPetroleum tSteel ingots f _ _ _ _

Receipts, primary markets:Cattle and calvesHOP'SCotton .. _Wheat

1934Aug.

25

64.7

127.9126.370.0

24.222 9

110.4

68.6

"98." 9

118. 328.3

38. 556.9

Aug.18

67. 3

128.0126.070.1

24.222.9

110.3

70.659.5

100. 537 4

120. 930. 3

204. 543.525. 461. 5

Aug.11

63.3

127. 0125. 670.1

24.222.9

110.2

75.4oo. 599. 640. 4

120. 334. 2

229.755. 533. 565. 1

1933Aug.

26

59.1

101. 8124. 578.2

24.222.9

115.5

65.675.997.843.6

132. 364.5

82.462.673.185.7

Aug.19

63.8

101.8124. 978.9

24.226.3

115.8

70.774.399.042,0

132. 868.4

81.463.051.268.5

Aug.12

55.0

103.1125. 078.3

24.228.6

115.8

70.672.297.741.7

133. 972.4

73.161.246.262.3

1932Aug.

27

53.2

89.9124.386.6

48.534.3

117.5

26.152.186.224.2

101. 517.1

76.350.956.9

115. 1

Aug.20

59.2

89.6124.287.3

48.534.3

117.9

25.648.486.023.2

101.318.4

72.050.349.6

111.0

1931Aug.

29

„109.2154. 8114.7

36.440.0

103.2

62.673.398.342.084.140.8

99.960.950.4

144. 5

Aug.22

82.4

109.3155.7114.7

36.437.3

102.3

65. 569.698.640. 0

125.242.1

92.2rn 05o. 331. 5

149. 1

* Computed normal = 100. ^ Latest week is preliminary, f "Weekly average, 1928-30=100.1933, for explanation. § 1933-34 indexes are based on reports from 91 cities; earlier data cover 101 c

t Daily average. # Index revised,.ties.

See weekly supplement of June 1,

WEEKLY BUSINESS STATISTICS

ITEM

COMMODITY PRICES, WHOLESALE

Copper, electrolytic, New York dol. per lb_-Cotton, Middling, spot, New York dol. per lb._Food index (Bradstreet's) . dol. per lb._Iron and stp(il composite dol. per tonWheat, No. 2 Hard Winter (K.C.) dol. per bu—

Banking: FINANCEDebits, New York City mills, of dol_.Debits, outside New York City mills, of dol._Federal Reserve banks:

Reserve bank credit, total mills, of dol._Bills bought mills, of dol. _Bills discounted mills, of do l__U.S. Government securities mills, of dol_.

Federal Reserve reporting member banks :§Deposits, net demand mills, of doi__Deposits time - - - mills, of dolInvestments total mills of dol

U.S. Government securities mills, of doL.Loans total .-_ mills, of do1

On securities in 11 Is. of dolAllother mills, of dol..

Interest rates call loans nercentInterest rates time loans Dercent

Exchange rates:French franc (dailv av.) centsPound sterling1 (daily av.) dollars..

Failures commercial numberGold and money:

Gold price (daily av.) dol. per ounce..Money in circulation mills, of dol._

Security markets:Bond sales (N.Y.S.E.) thous. of dol. par value..Bond prices, 40 corporate issues dollars..Stock sales (N.Y.8.E.) thous . of shares . _Stock prices (N. Y. Times) dol. per share. _Stock Drices (421) (Standard Statistics) 1926 = 100..

Indiistrial (351) 1926 = 100..Public utilities (37) _ . _ 1926 = 100.Railroad (33) - — 1926=100

PRODUCTION, CONSTRUCTION, ANDProduction: DISTRIBUTION

Automobiles (Cram's estimate). - _. ..number _Bituminous coal (daily av,) thous. of short tons._Eleotric powTer mills, of kw -hrPetroleum thous of bblSteel ingots (Dow-Jones estimate) ..pet. of capacity..

Construction-contract awards (da. av.)_.thous. of dol..Distribution:

Freight-car loadings, total cars..Coal and coke - carsForest products carsGrain and products . . . carsLivestock __ ... _ _ _ _ _ _ carsMerchandise, l.c.l carsOre â^'sMiscellaneous cars

Receipts:Cattle and calves _. .-.thousandsHog- thousandsCotton into sight thous. of bales..Wheat at primary markets thous. of bu._Wool at Boston, total. __ thous. of lb_ .

1934Aug. 25 , Aug. 18

0. 088 0. 088. 135 . 133

2. 34 2. 28

1.07

2,8542, 997

2, 4575

202,432

12,8184,5139,9116,6517,8143,2714,543

1.001.00

6.6845.082.18

35. CO5,361

7?, 18093.254,08181.17

69.979.165.737.0

52, 351

1,6482,465

20

1004, 529

472

1.06

3, 0353, 117

2, 4685

202,431

12, 8274, 5059,9076,6607,8253, 2944,531

1.001.00

8. 6745.09

197

35. 005, 357

64, 74092. 563,16978. 8367.576.664.134.5

53, 854962

1,6742,519

234,495

600, 56495, 79622, 54739, 57131, 482

159, 84828, 668

222, 652

63028166

4,8963,186

Aug. 11

0. 088. 138

2.23

1.09

2, 4932. 935

2,4585

212,432

12, 7214, 4919, 8506. 6367,8273,3044, 523

1.001.00

G. 6415. 07

209

35. 005, 349

99, 16092.944,58377.2765.974.463. 834.1

57, 539963

1, 6592, 506

26

602, 53095, 16423, 24241 15932, 097

158, 00029, 256

223, 612

35887

5, 1755, 118

1933Aug. 26

0.088.096

1.9330. 10

.86

2, 7532,740

2,258

1502,094

10, 3784, 5168, 1005. 1558, 5053, 7374, 738

1.001. 00

5. 4604.56326

28. 805, 607

47, 88087.79

11, 16589.79

78. 180.784.950,3

50, 0471,2921,6302,758

493, 170

631,998135, 99226, 64428 67718, 725

168, 50737, 366

216, 087

254403190

6,8152.663

Aug. 19

0. 038.093

1.9130. 02

.84

3, 4342, 957

2,240

1662, 059

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

1.001.15

5 2854. 46312

27.885, 622

47, 30087.958, 49585. 9872.175. 684.446.7

53, 9201,2661,6502,767

524, 326

643, 406135, 92127, 34923, 72717, 353

169, 36439, 511

225, 176

251406133

5,4527,543

Aug. 12

0.088.093

1.9530.02

.94

2, 4252,548

2,2208

1562,048

10, 4954, 5377, 9865.0378, 5383,7684,770

1.001.25

5. 3114.49349

28.015,623

52, 60088. 088, 72886.0575.879.289. 749.8

53, 8671,2291,6272,790

55

629, 743130, 74028, 21831.71415, 403

170, 17934, 927

218,. 562

225395120

4, 95719, 228

1932Aug. 27

0.052.087

1.7529.24

.47

2,6372,468

2,32135

4271, 851

10, 1484,5807,0724,2169, 3554.0105, 345

2. 001.50

3. 9203.46589

20.675,706

86, 79282.51

20, 95165.7657.755.191.334.7

19, 896887

1,4362,114

136,016

537, 76797, 56816, 60837, 97119,188

171,0767,210

188, 146

235328148

9, 1604,290

Aug. 20

0. 052.075

1.7529. 26

.47

2, 9712,746

2,34436

4431,851

10, 1024,5787, 0054,2229,4274, 0425, 3852.001.50

3. 9213.48648

20.675,725

65, 55380. 48

12, 99859.2252.350.483.527.8

19, 568825

1, 4322, 111

145, 081

518,44088, 22415,66238, 14617, 623

169, 6367, 231

181,918

222324129

8,83016, 796

1931Aug. 29

0. 073.072

2.1431. 04

.42

3, 4953,497

1,199181242728

1.501.75

3.9214.86436

20.675,013

51. 10892. 814,764

122. 8793. 987.2

153. 362.0

47, 7871, 2491,6381,752

3110, 296

763, 551139, 35628, 02640, 22024, 317

214, 59134, 927

282, 114

308393131

11,4987,934

Aug. 22

0.073.067

2.1931.04

.44

4,2733, 820

1,141155231728

1.501.63

3.9204.86

444

20.674,968

46, 58293. 076, 927

124. 3195.889.0

155.164.4

49, 9531, 1861, 6432,608

32

748, 600123, 26227, 23544, 74023, 041

214, 01035, 724

280, 588

28436382

11, 8603,409

1930Aug. 30

0.107.114

2.7832. 88

.83

4,9004,275

984163193602

2.003.25

3.9344.87471

20.674, 486

43, 54397. 018,843

200. 23149.5140. 4216.0122.8

66, 1451,5091,6882,461

5813, 668

984, 510177, 36242, 82459, 65824, 554

239, 52255, 748

385, 042

294375307

13, 49413, 651

§ Statistics covered 91 cities since Jan. 10, 1934, and 90 cities before; 1 city was added to the series in order to offset the effect of 1 member bank which ceased reporting,Comparable figures not available prior to 1932.


Monthly Business StatisticsThe following summary shows the trend of industrial, commercial, and financial statistics for the past 13

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

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

1934

July

1933

July August Septem-ber October N(berm"

Decem-ber January Febru-

ary

1934

March April May June

BUSINESS INDEXES

BUSINESS ACTIVITY ( Annalist) tCombined index 1 normal = 100..

Automobile production f normal =100..Boot and shoe production normal = 100 .Carloadings, freight normal = 100..Cement production normal=100__Cotton consumption normal = 100Electric power production normal = 100_.Lumber production normal = 100_ .Pig-iron production normal=100_.Silk consumption. normal = 100. .Steel inôt production 1 __ -normal = 100Wool consumption normal = 100_.Zinc production normal = 100__

INDUSTRIAL PRODUCTION (F.R.B.)Total unadjusted 1923-25 = 100

Manufactures, unadjusted 1923-25= 100..Automobiles0 1923-25=100 .Cement 1923-25=100Food products 1923-25 =100Glass, plate 1923-25=100 .Iron a^ d «?teel° 1923-25=100Leather and shoes § 1923-25 = 100Lumber _ _ 1923-25 =100Paper and printing 1923-25=100..Petroleum refining _ _ _ _ 1923-25= 100. _Rubber tires and tubes 1923-25=100..Shipbuilding 1923-25 = 100. .Textiles 1923-25=100Tobacco manufactures 1923-25 = 100. .

Minerals unadjusted .. 1923-25=100Anthracite 1923-25=100..Bituminous coal 1923-25 — 100Iron ore shipments 1923-25 = 100..Lead 1923-25-100Petroleum crude 1903-2">— 100Silver 1923-25=100Zinc --- 1923-25 = 100

Total, adjusted 1923-25 = 100..Manufactures, adjusted 1923-25 = 100. _

Automobiles0 1923-25=100..Cement 1923-25 = 100..Food products 1923-25 = 100GHs*' plat*5 1923-25— '00Iron and steel0 1923-25 = 100..Leather and shoes § 1923-25 = 100,.Lumber 1923-25 = 100..Paper and printing 1923-25 = 100..Petroleum refining 1923-25 = 1 00. .Rubber tiros and tubes 1923-25 = 100. _Shipbuilding 1923-25 = 100..Textiles 1923-25 = 100..T obacco manufactures 1 923-25 = 100_ .

Minerals adjusted 1923-25-100Anthracite 1923-25=100Bituminous coal - ... - 1923-25 — 100Iron ore shipments 1923-25 = 100. .Lead 1923-25 = 100Petroleum crude 1923-25—^00Silver 1923-25=100 .Zinc 1923-25 = 100

INDUSTRIAL CONSUMPTION OFELECTRICAL ENERGY

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

Middle Atlantic 1923-25 = 100..New England 1923-25— 1 00North Central 1923-25 = 100Southern - 1923-25-100Western 1923-25=100

Consumption by industries:Total, all industries 1923-25 — 100

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

Chemicals and allied products1923-25 = 100.

Food product s 1923-25 = 100. .Leather and nroducts . 1923-25=100Lumber and products 1923-25 = 100..

72.470.9

114.961.949.577.694.6

40. V58.240.8

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107. 7

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100.3

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101.259.031.590.489.352.645.049.654.2

102. 471.7

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104.265.246.288.889.554.542.760.648.173.962.1

77754630

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103.9118.2

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102.9

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8382763790

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78.977.9

118. 769.051.489.993.760.650.969.659.377.462.1

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104.0

91.4

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102.3

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8889

1095387

108«84

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p 10215310250

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128436686867857988384

11533

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110.2108.0104.2109. 3120.0118.4

110.2

90.2

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106. 5

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a 105. 364.952.668.5

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107.2

85.7

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ICO. 0

t Revised series. For earlier data see p. 19 of the October 1933 issue. Business activity, Annalist. For 1933 revisions of the combined index and automobile and steelingot production indexes see p. 22 of the August 1934 issue.

° Revised. p Preliminary.§ Series revised. For earlier data see p 19 of the January 1934 issue.

a slight amount.0 Index of automobile and iron and steel revised for 1933. Automobiles, March unadjusted 33, April unadjusted 56, adjusted 43, May unadjusted 63, adjusted 50, and

June unadjusted 74, adjusted 65; iron and steel, January unadjusted 29, adjusted 30, February unadjusted 33, March unadjusted 25, adjusted 22, April unadjusted 39, andJune unadjusted 71, adjusted 71.

1 Discontinued by Electrical World.Revisions did not change the combined indexes except for a few months and in these instances by

September 1934 SUEVEY OF CUERENT BUSINESS 23


1934

July

1933

July August Septem-ber October Novem-

berDecem-

ber

1934

January Febru-ary March April May June

BUSINESS INDEXES—Continued

INDUSTRIAL CONSUMPTION OFELECTRICAL ENERGY— Continued

Consumption by industries— Continued.Metals group .1923-25=100

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

1923-25=100-Paper and pulp 1923-25=100-Rubber and products 1923-25=100 _Shipbui1 ding 1923-25 = 100Store clay and glass 1923-25=100Textiles 1923-25=100-

MAKKETINGS

Agricultural products *(quantity).I923-25= 100—Animal products 1923-25 = 1 00 —

Dairy products 1923-25=100Livestock .1923-25=100 .Poultry and eggs 1923-25=100\Vool 1923-25=100-

Crops 1923-25=100-Cotton - - 1923-25=100-Fruits 1923-25=100-Grains 1923-25=100-Ve'êtables . 1923-25 = 100—

Agricultural products, cash income receivedfrom marketings of: *

Crops and livestock:Unadiusted 1924-29=100—\di ' isted 1924-29 = 100Crop-=! adjusted 1924-29=100—Livestock and Products, adjusted

1924-29=100-Dairv products, adjusted

1924-25=100-Meat animals, adjusted _ _ 1824-29= 100-Poultry and eggs, adjusted

1924-29 = 100-

STOCKS

Domestic ^toc1-^ 1923-25=100 .Manufactured goods 1923-25=100—

Chemicals and allied prod ... 1923-25=100-Food products 1923-25 = 100 .Forest products 1923-25=100Iron and" *teel products . 1923-25=100Leather 1923-25 = 100Metals rionferrous 1923-25=100Papcr newsprint 1923-25=100Rubber product^ 1923-25 = 100Stone, clay, and glass 1923-25=100-Textiles 1923-25=100-

Riw materials 1923-25=100Chemicals and allied prod. -.1923-25 =100..Foodstuffs 1923-25 = 100Metals 1923-25 = 100_.Textile materials 1923-25=100..

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

Coffee— adj. for seasonal 1923-25 = 100—Cotton — adj. for seasonal 1923-25 = 100—Rubber— adj. for seasonal 1923-25=100..Silk — r-di f°-r seasonal 1923-25=100Sv^rcir a"dj for seasonal 1923-25 — 100Tea— -adj. for seasonal 1923-25 = 100—TH — unadjusted 1923-25 = 100Wheat— adj. for seasonal 1923-25=100-

(i)0)0)

0)0)0)(i)0)C1)

9210712410077

444773587

11975

55.071.586.5

55.5

65.050.0

50.5

1411131161091169679

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85.3114.079.6

95.0130.2157.075.7

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80.7108.476.4

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215

COMMODITY PRICES

COST OF LIVING (N.I.C.B.)

TotF<l all grouns - 1923 = 100Clothing— 1923 = 100-Food 1923 = 100Fuel and light 1923=100Housm* - - - 1923 = 100Sundries 1923 = 100

FARM PRICES (Dept. of Agri.)§

Total all Croups - 1909-14=100Cotton and cottonseed 1909-14=100Dairy products * 1909-14=100Fruits and vegetable^ 1909-14—100Grains 1909-14= 100 ..Meat animals 1503-14=100..Poultry products * - - 1909-14 = 100Unclassified 1909-14= 100. _

79. 177.075.286. 464.792.5

809977

10392667361

75.263.971.782 663.290.3

768471

10394666751

76 970. 073.084 363.291.8

727172

12081636754

77 975.673.285 963 692.3

706976

10178627753

78 077. 773 487 063 291.4

707178866S639456

77 877.873 087 462 891.5

717678817459

10562

77 377.471 787 562 891.5

6877768373529563

77 577.372.087 162.791.9

7082739275

82GO

78 377.574 187 162 892.1

769377

1017864

62

78 577.774 387 163. 192.2

769479

10878657258

78 477.973 586 563 792.4

9476

10577637056

78 677.874 185 764 292.4

749076

10578636959

78 877.374 585 864 692.5

779476

10889G40957

a Revised. l Discontinued by Electrical World* New series. See p. 18 of the March 1933 issue (marketings-quantities), p. 20 of May 1933 issue (prices), and pp. 16-19 of the May 1934 issue (cash income for marketings

of agricultural products).§ Data for Aug. 15: Total 87, cotton and cottonseed 107, dairy products 80, ts fruits and vegetables 100, grains 107, meat animals 63, poultry products 84, unclassified 76.f Preliminary.

24 SUKVEY OF CUKRENT BUSINESS September 1934


1934

July

1933


ber

1934


ary March April May June

COMMODITY PRICES—Continued

RETAIL PRICESDepartment of Labor indexes:

Coal 1913=100-Food#— - 1913=100-

Fairchild's index:*Combined index Dec. 1930=100-

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

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

WIIOLESALE PRICESDepartment of Labor index:

Combined index (784) 1928=100—Economic classes:

Finished products — - 1926=100—Raw materials 1926=100—Semimanufactures 1926 =100. .

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

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

Other products 1926=100—Building materials,- -1926=100.,

Brick and tile 1926=100Cement 1925=100 -Lumber 1928=100-

Chemicals and drugs.. 1926=100—Chemicals . — 1926=100Drugs and pharmaceuticals.l926=lGO._Fertilizer materials 1926=100-

Fuel and lighting 1926=100—Electricity 1926=100-Qas 1926=100-Petroleum products 1926= 100—

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

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

Metals and metal products... 1926=100—Iron and steel 1926=* 100—Metals, nonferrous 1928= 100 ..Plumbing and heating equip-

ment 1026=100-Textile products 1926=100—

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

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

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

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

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

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

PURCHASING POWER OF THEDOLLAR *

Wholesale prices ._ 1923-25 = 100—Retail food prices-. 1923-25=100..Farm prices -1923-25=100.,Cost of living 1923-25=100..

159110

87.9

93.988.390.488.284.8

74.8

78 268 372.764.574 848 870.674 868 263 478.487 091 393 985.375 478 573.067.673.9

5L386 398 066.675 181.678.584.886.886.768.8

75.071.581.985.159 524.580.769.944.682.4

72. 189.0

47.053.963 547.434.215.941.666.4

103.348.4

134.6136.2172.4128.7

155105

76.1

80.775.178.277.874.8

68.9

72.261.869.160.173.447.465.566.175.650.872.279.578.288.275.973.280.356.868.665.389.4

100.241.386.388.388.778.074.874.675.180.677.767.6

69.468.070.680.255 237.972.364.041.478.1

69 782.8

42.845.562 539.718.831.838 452.192.350.3

146.2142.9181.5135. 3

160107

82.5

85.480.485.781.780.2

69.5

73.460.671.757.664.645.964.865.771.151.074.181.381.590.379.473.179.657.669.065.588.899.540.991.796.191.582.577.676.878.681.278.668.2

70.374.674 493.569 434.678.965.443.281 0

69 685.0

39.745.063 435.317.126.336 963.289.042.8

144.9140.4191.6132.5

166107

86.0

91.282.989.383.781.8

70.8

74.861,772.957.063.946.764.965.860. 851.576.182.782 690.882.072.778.856.866.670.490.4

101.549.692 398.984.185 479.378.480.582.180.368.5

74.776.981 191.374 834.582.765.143.2go 2

70 086.2

41.545.063 335.717.026.439 977.192.846.3

142.2140.1197.2130.7

167107

87.1

91.385.690.585.082.8

71.2

75.461.872.855.758.245.464.266.062.551.077.283.984 691.284.272.778 656.867.673.692.3

100.552.789 098.971.283 281.279.882.883.082.467.0

74.777.184 888.874 732.084.565.343.282 *

68 585.1

37.644.557 535.717.923.033 772.895.334.8

141.4139.7197.2130.5

168107

88.0

90.586.290.585.984.8

71.1

75.262.471.456.661.341.264.367.261.748 277.284.984 791.286.573.479.258.467.873.593.894.651.688 299 070 179 381.079.482.882.781.568.0

73.776.888 086.070 530.484.465.543.2go 5

68 284.6

39.344.557 036.820.320.530 473.7

105.643.4

141.6140.4194.6130.9

167104

88.0

90.486.290.385.882.8

70.8

74.861.972.355.560.438.062.565. 163.046 077.585.685 791 288.073.779 259.068.173.494.092.251.689 298 674 980 181.079.382.983.583.666.6

72.576.487 985.571 9

29.684.365.743. 282 5

68 486.1

39.346.557 037.520.819.830 275.2

105.241.6

142.21411202.8131.8

167105

88.5

91.086.589.586.584.2

72.2

76.064.171.958.763.741. 164.365.068.048 978.386.386 693 987.474.478 865.268.473.192.390.851.189 598 577 279 980.878.882.985.583.666.1

72.576.587 586.570 629.784.367.543.283 0

69 787.2

41.250.457 041.521.820.329 978.4

103.244.1

139.5142.5197.2131.4

,«108

89.5

93.288.490.287.585.6

73.6

77 066 074.861.363 248 266.769 171.753 378. 786 687 293 987.375.578 871.569.272.491.889.350.389 6Q8 478 089 181,079.283.087. 986.365.8

72.776.987 288.667 031.084.368.543.582 7

71 787.5

43.257.356 345.224.521.733 278.2

102.742.1

136.8138.3181.5130.0

168109

89.6

93.688.991.288 785.9

73.7

77 265 974.361.362 34° 567.368 971 656 578.586 488 593 986.475 779 071.969.571.488.589.4.48.788 798 573.479 781.479.883.287.186,366.3

72.776.587.289.165 629.484.069.344.682.7

71.086.6

42.457.856 345.225.819.627.776.3

106.942.6

136. 6138.1181.5129.7

164107

89.4

93.987.991.48^ 285.5

73.3

7*7 J

6-5 173.959.65^ 849 266.266 567 957' 378.686 790 7529 787.275 578 672.268.771.788.392.249.488 998 576 778 481.679.983.587.987.368.0

76.275.385 788.264 228.482.069.541683.6

70 985.5

40.955.959 143.828.318.419.576.8

110.643.2

137.4139.5186.6129.9

156108

88.6

93.988.191.088 485.5

73.7

77 865 173.759.663 947 867.167 168 260 078.987 391 289 485.975 478 672.866.472.588.994.650.787 998 573 576 382.080.184.189.190.268.1

75.073.682 786.365 326.581.069.844.683.7

70.786.9

40.355.959.941.931.017.919.574.3

106.542.4

136. 6138.5186.6129.5

157109

8872

93.887.790.888 185.5

74. 6

-7g 2

67 372'. 963.372 448 369.873 070 1g9 2

78.287 891 193 986.375 678 673.167.972.890.697,550.687 198 470 175 382.079.085.187. 788.668.5

75.172.782 686.062 825.080.870.244.683.5

71.588.6

43.655.962. 145.231.616.832.969.0

101.942.7

135.0137.4179.2129.2

CONSTRUCTION AND HEAL ESTATE

CONSTRUCTION CONTRACTS !AWARDED

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

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

Residential 1923-25=100..

25132413

30123012

35123712

42124813

46115813

40104912

38104412

33123311

36143212

32132611

« 3113

«2612

fl Revised.* New series. For earlier data on the following subjects refer to indicated pages of the monthly issues as follows: Fairchild's Index, p. 19, December 1932; World Prices,

p. 20, September 1932; Purchasing Power of the Dollar, p. 18, August 1933.# The data on retail prices of food until Aug. 15 were reported as of the 15th of each month. From then on the prices have been reported every 2 weeks. The monthly

figures here given subsequent to August 1933 represent the figure nearest to the 15th of the month.



1934

July

1933


berDecem-

ber

1934


CONSTRUCTION AND REAL, ESTATE—Continued

CONSTRUCTION CONTRACTSAWARDED— Continued

F. W. Dodge Corporation (37 States):Total, all types:

Projects _- _ numberValuation _thous. of dol

Nonresidential buildings:!Projects numberFloor space thous of sq ftValuation __ . _ tbous. of dol

Public utilities:??Projects number--Valuation thous. of dol

Public works :#Projects . .numberValuation thous. of dol..

Residential buildings:Projects numberFloor space thous. of sq. f t __Valuation thous. of dol

Engineering construction :1Total contracts awarded (E.N.R.)

thous. of dol_.

HIGHWAY CONSTRUCTIONConcrete pavement contract awards:

Total thous of sq ydRoads only. _.. .thous. of sq. yd

Highways:Approved for construction (N.I.R.A.):*

Mileage number..Public works funds allotted-.thous. of dol..

Under construction (N.I.R.A,):*Estimate'1, total cost thous. of dol__Public works funds allotted-.thous. of dol..Federal aid funds allotted... thous of dol. .Mileage . . number

CONSTRUCTION COSTSBuilding costs — all types (American Appraisal

Co.)* .- 1913 = 100Building costs— all tvpos (A.O.C.).. 1913 -100..Building costs— all types (E.N.R.) §.1913 = 100..Building costs — factory (Abcrthaw) 1914 — 100

MISCELLANEOUS DATAConstruction — employment and wages:

Employment, Ohio. (See Employment.)Wages, road building. (See Employment.)

Fire losses, United States thous. of dol..Ship construction. (See Trans. Equipment.)Real estate:

Home Loan Bank, loans outstanding *thous. of dol._

Market activity each month 1926=100New financing. (See Finance.)

7, 182119, 699

2, 9058,275

60, 753

1997,901

1,05131, 166

3,0274,795

19, 879

118,000

2,9492, 093

1,22522, 481

267, 509246, 394

8, 42112 524

182199.7

85, 723

8,22882, 554

2,8016, 920

39, 983

1604,132

91014, 809

4, 3577,383

23, 630

50, 368

1, 428879

8,186105, 989

2,7776, 337

32, 708

15719, 395

1, 25132, 003

4,0016,369

21, 884

74, 063

5, 6505,300

.::._::..

148162

165. 5

20, 004

53, 74541. 5

150J65

167.0

23, 627

59, 80047.4

7,594120, 134

2,3026,470

37, 836

1733,425

1,59157, 324

3, 5286,296

21, 549

106, 677

5,7644,826

4,64872, 778

34, 96232, 893

1, 0632, 305

151166

175.5173

20, 448

66, 32942.2

7,476145, 367

2,3878,330

31,117

2106,995

1,71885, 729

3,1616,868

21, 526

141, 622

7,9706,409

5,14774, 731

92, 21585, 9893, 1775,910

151166

187.7

6, 232162, 341

2,0725, 053

27, 645

2156,938

1,445104, 141

2,5006,433

23, 616

147, 446

5, 5424,171

4.74876, 619

134, 491124, 652

5,0718, 813

152167

190.1

21, 465 22, 454

73,110 80,69945, 8 | 54. 1

7,677207, 210

3,1895, 185

50, 040

32234, 043

2,44699, 227

1,7205,890

23, 900

102, 563

5, 9184,107

5,60793, 439

159, 575147, 264

5,56110, 504

153168

192.1175

27, 626

88, 44253.8

7,729186, 464

3, 4195,470

57, 616

35810, 596

2,222103, 141

1,7303,943

15, 110

101, 581

3,9212,131

4, 49180, 795

197, 088180, 944

7,04212, 084

153168

191.3

28, 003

92, 49751.5

5,50796, 716

2, 2564, 271

29, 015

1856,443

1,10146, 739

1,9653,634

14, 520

79, 261

3,5862, 356

4,33380, 456

216, 291198, 759

7,57412, 827

154169

194.0

31, 443

94, 04046. 3

7,927178, 346

2, 9597,673

57, 329

24521, 003

1,76171, 937

2,9628,046

28, 076

122, 204

3,3532,143

4,26777, 283

239, 974221, 169

7,95513, 062

156172

194.0176

31,312

93, 12546.3

8,114131, 225

3,1417,991

38, 737

19312, 372

1,18457, 535

3, 5965,985

22, 686

101,192

2,4591, 463

3,27962, 216

269, 229248, 942

8, 43514,111

157180

195.9

22, 029

88, 92245.2

9, 153134, 439

3,2108, 093

52, 797

2055,599

1,53751, 202

4,2016,159

24, 840

116,743

3, 7522,200

2, 40543, 297

288, 460267, 371

8, 91414,311

158J80

199. 6

25, 271

86, 84245.7

8,368«127, 116

3,0617,147

43, 142

23213, C69

1,34444, 340

3,7317,504

° 26, 565

109, 993

2, 6281, 572

1,71831, 149

283, 506263, 042

8, 63413, 674

158180

199. 6177

20, 006

86, 24847.9

DOMESTIC TRADE

ADVERTISINGRadio broadcasting:

Cost of facilities, total _ thous. of dolAutomotive thous. of dol__Building materials thous. of doL.Clothing and dry goods thous. of dol..Confectionery thous. of dol._Drugs and toilet goods thous. of doL.Financial _. _ .. thous. of dolFoods .-thous. of dol..House furnishings thous. of dol..Machinery thous. of doi._Paints and hardware thous. of dol._Petroleum products thous. of doL.Radios thous. of doL_Shoes and leather goods thous. of doL.Soaps and housekeepers' supplies

thous. of dol._Sporting goods ..thous. of dolStationery and publishers thous. of dol..Tobacco manufactures .thous. of doL.Miscellaneous thous. of dol

Magazine advertising:Cost, total thous. of dol

Automotive thous. of dol..Building materials thous. of doL.Clothing and dry goods thous. of doL.Confectionery thous. of doL.Drugs and toilet goods. thous. of dol..Financial thous. of dol._

2 495188

02768

92136

6881205

188340

1410

279365

9,2001, 386

171281178

1,884222

1, 816128

09

38«413°50

«5672309

«250«47

0

"6404

16253

6,29568895

138159

1,381184

1,907234

05

3935789

5713807

238460

7000

18727

«5. 825o?91

«97«78

"176«1, 385

167

2,103209

62480

49995

65500

15243600

9200

11310

6,388760120191275

1,458153

3,2562613046

188910

641,080

110

19311580

9202

13447

9,148935227357300

1,969226

3, 466273

2643

177978

601,132

129

19307580

950

2418569

9,403739218304295

2,335240

3,697289

1743

1681,048

611,091

541511

258540

1150

2338167

8,319574173245302

2,056196

3,793268

1518

1621,196

65997551220

259470

1450

1343784

6,28348697

178100

1,332179

3,585338

430

1421,089

57945

363

21245390

1420

1339289

8,2091,136

13918786

1,894192

3,998348

036

1191,222

641,061

780

22267450

1900

18416112

9,232982183298142

2,193220

3,740338

740

1091,168

63999

460

24241450

1900

31326114

11, 6931, 543

293413168

2,431250

3,728371323078

1,16856

974500

20243360

2160

35310110

11, 5861, 665

267393165

2,170266

3, 104309

262280

1,02237

829120

13202330

1780

48187107

10, 8221, 639

191326178

2, 119241

0 Revised.* New series. For earlier data 9n building costs, American Appraisal Co., refer to p. 20 of the August 1933 issue. N.I.R.A. highway work started in September 1933.

First Home Loan Bank data were issued for December 1932.t Revised series. For revisions of construction contracts awarded on nonresidential buildings for years 1930, 1931, and 1932, refer to p. 20 of the September 1933 issue.# These series represent a break-down of the combined total shown in the Survey previous to September 1933. For earlier data see p. 20 of the September 1933 issue.1 Months of August and November 1933, March and May 1934 include 5 weeks; other months include 4 weeks.§ Index as of August 1, 1934, 198.4.

81294—34 4

26 SUEVEY OF CURRENT BUSINESS September 1034


1934

July

1933

July August Segjm- October Novem-ber


ary

1934

March April May June

DOMESTIC TRADE—Continued

ADVERTISING— Continued

Magazine advertising — Continued.Cost, total— Continued.

Foods thous. of dol._Garden thous. of dol..House furnishings thous. of dol..Jewelry and silverware thous. of dol_.Machinory - -thous. of dol. _Office equipment. .-thous. of dol_.Paints and hardware.. thous. of dol__Petroleum products thous of dolRadios. -thous. of dol..Schools . . _ .thous. of dol _Shoes and leather goods thous. of dol._Soaps and housekeepers' supplies

thous. of dol. .Sporting goods thous. of dol_.Stationery and books.. _ thous. of dol_.Tobacco manufactures thous. of dol_.Travel and amusement thous. of dol..Miscellaneous . -thous. of dol._

Lineage, total t thous. of lines..Newspaper advertising:

Lineage, total (22 cities) thous. of lines. .Lineage, total (52 cities) thous. of lines..

Classified .thous. of lines..Display thous. of lines. .

Automotive thous. of lines..Financial thous. of lines..General thous. of lines..Retail thous. of lines. _

GOODS IN WAREHOUSES

Space occupied, public merchandising ware-houses -- percent of total..

NEW INCORPORATIONS

Business incorporations (4 States) _ _ .number..

POSTAL BUSINESS

Air mail, weight dispatched pounds..Money orders:

Domestic, issued (50 cities) :Number thousands. _Value . thous. of doL.

Domestic, paid (50 cities):Number _ .thousands __Value thous. of dol_.

Foreign, issued — value thous. of dol..Receipts, postal:

50 selected cities thous. of dol_.50 industrial cities thous. of dol. _

RETAIL TRADE

Automobiles:*New passenger car sales:

Unadjusted 1929-31-100..Adjusted 1929-31 = 100

Chain store sales:Chain Store Age index:*

Combined index (19 companies)!av. same month 1929-31 = 100. .

Apparel index (3 companies) fav. same month 1929-31 = 100. .

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

Five-and-ten (variety) stores:*Unadjusted. 1929-31 = 100Adjusted 1929-31=100H. L. Green Co., Inc.:*

Sales thous. of dolStores operated .number

S. S. Kresge Co.:Sales _ _.thous. of dolStores operated number. .

S. H. Kress & Co.:Sales thous of dolStores operated number..

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

G. C. Murphy Co.:Sales thous of dolStores operated number..

F. W. Wool worth Co.:Sales thous. of dolStores operated number

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

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

Sales, tonnage, total (estimated).. .tons. .Weekly average tons..

1,60731

35186328188

28898

132106

651223117454257472

(2)83, 18316 47566 709

7 0761,718

15, 27942 636

2, 048

73. 1I 66 5

88

79 789 5

1 840131

9 472724

5 336! 227

2 365200

2 076181

19 515l' 949

(2)(2)(2)(2)

1,34110

19947232538

23658

12085

51514098

322229162

1, 272

49, 36478, 31916, 06462, 255

6, 1392,396

14, 27239, 448

62.3

2,402

644, 172

3,08130, 957

8,86381, 7592,109

57.552. 5

86

79

83

74 483 6

1,857135

9,407719

4 929231

2 546227

1 804179

19 5831 937

63, 44515, 861

382, 75195, 688

* 1,0165

« 128 !"25 i

24132

320101 !

o 135 (13

0 438 !« 127

« 9 2« 361 !

« 126a 2041, 184

53, 71086, 33918 15868, IS!6 7971,392

15, 19844 794

62 7

2, 392

690, 177

3 07830 894

9,59887, 2812,072

58.352 0

84

91

80

76 786 7

1 782135

9 921719

5 417231

2 619225

1 803179

20 3571 936

76, 00515, 201

458, 60691, 721

1, 15510

27036141853

22585

14358

51776

123337131178

1,407

62, 32792, 61817,28775,3315 4081.259

16, 33752 326

63 5

3, 839

643, 621

3 05730 959

9 42687, 5712,619

51.252 0

85

84

81

82 586 4

1 994135

10 635720

5 406230

2 800210

1 912179

21 6421 937

60, 66115, 165

357, 63889, 410

1, 68515

6631272576

117202103116140

64581

237453220228

1,870

70, 271105, 970

19, 46786, 503

4 6«31,497

20, 07160, 252

G4 2

2,304

665, 458

3 33833, 146

11, 106102, 877

1,998

42.753 5

84

88

80

86 985 6

2 082135

10 848720

5 771230

2 867209

1 994179

22 0351 942

63, 85615, 964

376, 06994, 017

1,958

594160297082

168273105134

58246

202399246218

1, 899

06, 35799, 82316, 19983, (.24

5 5651, 500

18, 76957 791

65.2

2, 384

631, 748

3 25032, 232

11, 17398, 630

2, 279

33.053 0

83

82

79

86 885 5

2 106133

10 465721

5 586'230

2 837209

1 976180

20 9961 942

77, 63115, 526

460, 52592, 105

1,7778 i

367176

29 •8332

19023884

106

371 i102325370291224

1, 791

63,962 •96,716 ;15 54881, 168

o 9361. 506

12. 27563 451

67 4

2, 525

657, 203

4 01335, 487

12 11898, 5515,110

17.330 5

88

88

83

153 783 3

4 071' 134

19 732i 721

11 441' 230

5 6r-4209

3 591180

36 9961 936

64, 47916, 120

386, 94790, 737

1,17350

22911923

11017

16723512454

33693

166421283312

1, 375

55, 46282, 45515, 04567, 409

5, 9312, 159

13,97745, 3 *3

67.6

2,864

3 61134, 551

11, 28289, 7612,030

22.833 5

89

93

80

70 294 2

1 619132

8 825721

5 107231

2 402' 209

1 555179

18 1371 937

59, 92314,981

356, 51489, 129

1,78576

34834328345

11965

11039

58355

161439281319

1, 765

(2)80, 78813,66167, 125

4 3581, 643

16, 74544 381

67 2

2, 106

3 41931 743

10 05679, 192

2,OOG

45. 754 5

85

90

79

73 087 5

1 525132

8 797722

5 083! 231

2 497' 205

1 5°>4180

17 8601 937

64, 27216, 068

377, 78294, 446

1,91659

53533279191

14511510162

57672

187449343414

2,013

(2)103, 648

10 57787 071

6 1792,010

19, 38459 498

67 4

2, 507

3 82230 183

11 99994, 1763,047

68.464 5

88

100

i 81

! 87 2i 94 g

2 377133

i 12 321723

6 331230

3 257' 204

2 240ISO

24 0^51 940

81,29210, 258

477, R2595, 565

1,96975

86710940

110163258108113198

717114198523459574

2, 469

(2)107, 491

17, 808X9, 6338 1801, 808

20, 13359 512

65 9

2, 393

3 51934 225

10 47685,219

2, 118

87.959 0

86

103

78

82 5i 87 2

1 903' 133

10 146i 724

5 732230

2 589

204

2 060180

; }0 7gg

1 944

62, 46415,616

364,467i 91,117

1,71161

1,03919045

102203228100128213100711184149425521652

2 501

(2)112,122

17 93294 H)0

q 9061,481

21, 79861 616

66 0

2, 320

3 55334* 097

11 25789 6X4

2 219

78. 155 5

85

98

78

90 090 0

9 218I 132

11 680723

6 0961 230

2 74 ri204

*> 367181

22 005l' 946

(2)(2)(2)(2)

1,56841

7X0236

V)

9913530385

13322285

643223137486418580

C2)103, 646

18 68984 957

9 '"031,528

19, f>31~d 395

65 4

2, 185

3 45233 896

10 95388* 0X8

0 84. 663 5

91

86 390 8

2 2X7131

11 523' 724

"' 229

0 090

202

o 4(jfi181

99 ooo1 'J49

(2)(2)(2)(2)

a Revised. 2 Discontinued.* New series. For description of Chain Store Age indexes see p. 19 of the December 1932 issue. Comparable data of H. L. Green Co., Inc., sales prior to July 1933 not

available. For earlier data on automobiles see p. 19 of the April 1934 issue and variety store sales p. 18 of the March 1934 issue.t Revised series. For revisions refer to the indicated pages of the monthly issues as follows: Magazine advertising, p. 20, October 1933; combined sales index and apparei

sales index of Chain Store Age, p. 26, October 1933.

September 1934: SURVEY OF CURRENT BUSINESS 27


1934

July

1933

July August Septem-ber October jNo

b™m- Decem-ber

1934


DOMESTIC TRADE— Continued

RETAIL TRADE— Continued

Restaurant chains (3 companies) :Sales thous of dolStores operated number

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

Sales... thous. of dol—Stores operated number..

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

Department stores:Sales, total value, adjusted 1923-25=100..Sales, total value, unadjusted_.1923-25 = 100._

Atlanta . — 1923-25 = 100 .Boston 1923-25=100Chicago 1923-25=100Cleveland 1923-25 = 100Dallas 1923-25-100Kansas Citv - - 1923-25=100 .Minneapolis 1923-25=100New York 1923-25 = 1 00Philadelphia * 1923-25=100..Richmond 1923-25 = 100St. Louis 1923-25=100..San Francisco 1923-25=100

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

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

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

Montgomery Ward & Co.. -thous. of dol—Sears, Roebuck & Co. thous. of dol__

5,743458

13, 9671,465

a 73« 51

554553465047r)041594361

7.6

6064

37, 38715,89121, 496

3 045373

<• 5, 771454

« 13, 5581,478

704946464»454444404939514267

7.9

5660

« 33, 592a 13, 641

19,951

3 298376

5, 752454

14, 2041,477

7759655765616061566150665776

12.7

6264

40, 32715, 65724, 670

3 218375

6,423454

16, 2881,471

7073677375646768707860796373

9.8

7370

43,21916, 60028, 619

3 444375

7,113454

18, 6431,468

7077797676668174589373947072

9.3

7770

53, 55023, 01730, 533

3 141375

6,900456

19,2161,468

6575717469617567548966877069

7.0

7869

52, 03720, 74231, 295

3 568374

12, 451457

25, 8241,467

6912111711411410312011393

140105147106131

4.2

6265

61,97125, 02236, 949

3 472374

4,833457

12, 4441,466

6957576160525652466349615363

7.4

5966

36, 70514, 73421,971

3 146373

4,550457

11,7451,466

7159644661516154435843575259

9.4

6366

36, 01615, 42220, 594

3 678373

6,774457

16, 4971,467

7773837375738475738569927182

6.6

6765

43, 59218,31225, 280

3 541372

5,950457

15,4771,465

7773746476707270657758816769

6.5

6865

46, 03720, 87225, 165

7,180457

17, 0861,467

7777827180787974678167977574

7.5

66

51,07220, 93530, 137

7, 361458

16, 7971,465

7470

a 7170

« 73696763

a 588065906267

6.1

6365

46, 33019, 26627, 064

EMPLOYMENT CONDITIONS AND WAGES

EMPLOYMENT

Factory, unadjusted (B.L.S.)*—1923-25Chemicals and products 1923-25

Chemicals... 1923-25Druggists' preparations. 1923-25Paints and varnishes 1923-25Petroleum refiningRayon and products 1923-25

Food and productsBaking....Beverages 1923-25Slaughtering, meat packing..1923-25

Iron and steel and products 1923-25Blast furnaces and steel works.1923-25S tructural and metal work.. _ 1923-25Tin cans, etc 1923-25

Leather and products 1923-25Boots and shoes ..1923-25Leather 1923-25

Lumber and products 1923-25Furniture 1923-25Millwork 1923-25Sawmills .1923-25Turpentine and rosin .1923-25

Machinery 1923-25Agricultural implements 1923-25Electrical machinery, etc 1923-25Foundry and machine shop products

1923-25Radios and phonographs 1923-25

Metals, nonferrous 1923-25Aluminum manufactures 1923-25Brass, bronze, copper prod...1923-25Stamped and enamel ware...1923-25

Paper and printing 1923-25Paper and pulp 1923-25

Railroad repair shops 1923-25Electric railroad 1923-25Steam railroad 1923-25

Rubber products ...1923-25Rubber tires and tubes 1923-25

Stone, clay, and glass prBrick, tile, and terra cCementGlass

Textiles and products...Fabrics _..1923-25Wearing apparel 1923-25

Tobacco manufactures 1923-25Transportation equipment 1923-25

Automobiles 1923-25Cars, electric and steam 1923-25

r..1923-25 = 100-..1923-25 = 100..1923-25=100

..1923-25 = 100-.1923-25=100..1923-25 = 100—.1923-25=100-1923-25=100 _1923-25-1001923-25 = 100

_ .1923-25 = 100-._ 1923-25 = 1 00—8.1923-25 = 100...1923-25=100..1923-25-1001923-25-1001923-25 = 100

..1923-25 = 100..1923-25=100

. 1923-25=100-.1923-25 = 1001923-25 = 100.1923-25 = 100-1923-25=100.1923-25 = 100...1923-25 = 100..products1923-25 = 100—.1923-25 = 100-.1923-25 = 100—.1923-25 = 100... .1923-25= 100. _..1923-25=100.._ 1923-25 = 100 .1923-25=1001923-25 = 1001923-25-1001923-25 = 1001923-25=100

_ 1923-25 = 100-sl923-25 = 100_..1923-25 = 100...1923-25 = 100..1923-25=100.1923-25=1001923-25=1001993-25-100.1923-25 = 100 ..1923-25 = 100...1923-25 = 100..1923-25=100-1923-25 = 100

1923-25 = 100.1923-25=100-.1923-25=100—.1923-25 = 100.._ 1923-25 =100. _1923-25=100.1923-25 = 100-

78.6105.3112.393.8101.1111.7296.8110.1116 3188.9103.570.372.459.099 689 489.091.548.862.037.033.897.378.669. 365.1

69.5205.073.268.975.090.393.4104.858.366 357. 783.977.454.231.758.489. 185.986.979 861.187.898. 451.369.2

79.4109. 5115. 199.0101.3109 3296. 8

71.592.387.986.492.096.9281.494.599 5166 685.261.862.145.581 889 590 386.346 662.438 730.883.558. 140.151.4

52.9138.061.772.369.180.084.189.951 765 250.777 473.249.333.350.272.095.496 788 360.358.365.924.752.3

72.596.590.191.292.294 8281.4

76.499.196.888.793.598.9316.1105.4102 7162.794.268.469.849.389 892 993 292.250.468.739 833.689.464.543.555.0

59.4158.769.280.376.289.388.797.651 264 753. 386 678.052.835.653.177.897.899.390 362 261.668.729.457.5

76.4103.0100.390.596.197. 1316.1

80.0106.0101.295.194.1104.9330.3120.9108 9161. 1102.271.471.853.992 390 790.392.554 377.239 935.697.669.848.258.4

62.4195.974.384.578.392.492.7103. 155 165 154 388 876.352.934.848.080.498.297 695 661.764.371.628.564.2

78.0105.5101.793.195.2103 0330.3

79.6109.1103.299.894.0108.8331.3115 9110 1150 6101.569.870.254.685 088 988'391.455 278.538 736 2103 973 052.460.6

63.6238.275.683.277.593.394.5104 155 065 854 188 774.751.631.841.481 197.796 795 864.659.164.227.966 1

77 8106. 9102.195. 493.7109 0331.3

76.2108.4104.0101.991.1110.0332.0104.8109 1136.398.967.967.953.383 979 177 087.852 372.437 234.7101.173 356.160.3

62.5248.372.681.774.879.894.2102.254 866 653 986 772.550.329.241.282 292.993 587 766.053.556.628.563 5

75.9106.6101.998.491.8111 1332.0

74.4107.6103.5103.090.1111.2322. 099.2107 7140.598.066.667.052.786 478 775 890.849 865.936 333.3107.771.861.259.4

61.4219.469.880.972.178.294.5101. 153 566 752 583 971.849.027.136.682 988.089 780 462.161.166. 131.867.3

75 0106.6101.4101.491.6112 6322.0

73.3107.9104.8101.993.9110.3319.494.1106 4140.596.563.565.051.679 182 980 891.445 660.033 330.797.870 065.857.8

61.2181.767.378.070.972.792.4100.352.865 951.882 071.547.324.735.683.888.289.481 454.571.280.331.664.4

75.1107.7103.499.796.1112 4319.4

77.7110.6104.8102.497.6110.6325.293.9108.4141.595.566.667.352.879 690 389 693.647.162.436.131.398.672.975.659.2

64.1177.570.979.672.779.893.1102.553.465 852.584 674.649.825.641.089 596.896.493 462.184.797.438.566.0

78.4109.6103.1101.497.7112 1325.2

80.8112.8107 7103.198.4110.2321.996 2110 3147 792.870.070.153.985 492 792 295 148 563 037 632 6101.476 875.961.8

68.3187.675.181.578.187.593.7104 455 566 354 787 178.152.126.942.493 9100.098 499 464.493.4108.440.869 3

81 0110. 9106.5100. 997.7111 3321.9

82.3113.3110.8100.6102.6107.8319.097.2111 2156 692.472.672. 956^088 292 392 293.249 460.839 434.3101.280.387.263.7

71.6200.276.982.279.194.095.1106.857 866 357.290 082.155.330.548.095.999.196 8100 064.799.1114.943.971.7

82 2109.4110.1102.4102.2107 8319. 0

82.4106.1111.297.7107.4109.5267.799.6113 2169. 196.775.276.858.591 291 491.392.151.061.340.436. 1102.481.383.065.4

73.6201. 277.878.181.295.695.9107.259 666 759 189 182.757.733.157.695 196. 194 994 761.399.4114.448.573 1

82 4107.9113.1101.3103.6109 7267. 7

81.0104.5111 796.9106.1111.4273.8105 1114 6183 0101.476.479.159.796 787 786 891 550 062 437 935 198.680 873.366.2

73.1206. 075.976.078.293.094.7106 059 866 759 385 681.757.134.459.193 6«90 9°89 989 362 4°95. 1°106 853.976 6

81 4108.9113.9101.4102.2110 4273 8

Factory adjusted * 1923-25=Chemicals and products ..1923-25=

Chemicals 1923-25=Druggist preparations,Paints and varnishesPetroleum refiningRayon and products..a Revised.* New series. For earlier data see p. 20 of the December 1932 issue, department store sales, Philadelphia, pp. 16 to 20, inclusive, of June 1934, and pp. 16 and 19 of July

1934, factory employment,



1931 1933 1931

Febru- 1ary

EMPLOYMENT CONDITIONS AND WAGES- Continued

July j July [August Se^>ctoberjN^-|D^-|january|Fû- | March_[_April j May | June

107.8112.695.169.168.655.288.190. 590.092.949.864.138.133.778.470.961.8

67.4250.873.776.084.393.4

104.455.866.355.089.079.753.129.245.393.197.396.594.964.989.6

103.741.165.7

79.664.284.5

107.780.674.778.487.9

95.869.1

105. 574.186.780.172.289.676.179.3

67.577.839.872.842.0

71.7 ',81.770.0

87.2 ;83.6 i

104. 0113.095.471.571.456.787.893.093.193.050.063.039.234.581.582.363.7

70.4253.776.077.791.495. 5

100. 857. 466.356.890.480.754.730.348.294.497.896.197.365.793. 8

108.840.667.3

84.665.188.5

112.781.674.778.877.6

96.170.4

108. 974.890.379.973.291.977.179.6

58.2

41.'774.048.7

72.282.470.2

106.4113.297.974.375.758.990.394.094.293.451.364.539.935.682.080.565.4

72.4239.478.280.794.396.5

107.259.266.758.787.578.956.231.355. 993.496.094.894.861.691.0

104.144.270.9

84.566.987.5

100.586.273.377.6

95.572.1

111.073.589.481.672.193.877.084.1

63.876.740.876.754.3

72.683.170.2

EMPLOYMENT—Continued |Factory adjusted—Continued. I |

Food and products 1923-25=100.. 1ftfi R 92.0 i 97.4 103.2 104.6 102.3 101.7 104.0 104.3Baking. 1923-25 = 100.. |V:' £ 98.0| 102.4 107.0 108.4 107.4 107.7 108.7 110.8Slaughtering, meat packing..1923-25=100._ 7/£ ? 85.71 96.1 103.2 100.7 97.9 93.9 9 3 . 7 ] 93.9

Iron and steel and products.—1923-25=100- 7?': 62.8 68.7 70.9 69.4 68.1 67.6 64 .9 ! 66.4Blast furnaces and steel works 1923-25=100.. 704 63.0 70.4 71.9 70.7 68.7 68.1 65.5, 66.6Structural and metal work... 1923-25=100.. '£ o 44.6 48.1 52.4 53.4 53.2 53.1 53.0 | 54.3Tin cans, etc 1923-25=100.. q l 'o 78.7 83.8 87.1 85.2 87.7 89.8 84 .51 83.2

Leather and products 1923-25=100... oo 'X 88.9 89.7 87.3 86.7 80.9 82.4 83.6 i 88.4Boots and shoes 1923-25 = 100.. 0 7 7 89.0 88.8 8(3.0 85.6 79.4 80.6 82.1 87.8Leather 1923-25 = 100.. n/ 88.8 93.6 92.4 91.4 87.2 90.4 89.8 91.2

Lumber and products 1923-25=100.. '£ i 46.7 49.8 52.9 53.1 50.9 49.9 47.2 48.4Furniture 1923-25 = 100.. T4 q 65.3 68.6 74.8 72.2 67.3 63.8 62.2 63.0Millwork 1923-25 = 100.. o « y 38.4 39.2 39.5 38.4 37.2 36.9 34.3 36.6Sawmills 1923-25=100.. oo' j 30.1 32.7 34.5 35.6 34.4 34.0 32.1 32.7

Machinery 1923-25=100.. 701 58.6 64.2 67.9 70.8 72.3 72.4 71.8 74.0Agricultural implements 1923-25= 100.. 7o' 9 42.3 45.9 51.4 55.0 57.9 81.4 63.6 71.1Electrical machinery, etc 1923-25=100.. 65' \ 51.4 55.0 58.4 60.6 60.3 59.4 57.8 59.2Foundry and machine-shop p r o d u c t s ' I

1923-25 = 100.. 69 5 52.9 59.3 62.2 64.1 63.7 62.8 62.1 63.8Radios and phonographs 1923-25=100.. 213'5 143.8 j 144.3 146.7 168.0 203.2 215.1 215.8 216.4

Metals, nonferrous 1923-25=100.. 75'x 63.2 70.4 | 74.8 74.8 71.7 69.2 69.4 70.1 !

Brass, bronze, copper prod... 1923-25=100._ 75' g 69.8 76.8 j 79.2 78.4 75.6 72.6 71.3 71 .31Stamped and enamel ware...1923-25 = 100__ 91'4 81.0 91.3 93.9 9 3 . 2 1 79.9 79.1 75.1 78.9 i

Paper and printing 1923-25=100.. 9 4 4 85.1 89 .9! 93.0 94.2 93.0 93.0 91.7 92.9Paper and pulp 1923-25 = 100._ 104'8 89.9 97.6 103.1 104.1 i 102.2 101.1 100.3 102.5

Railroad repair shops 1923-25=100.. 58' 0 51.4 54.0 54.8 54.7 j 55.0 53.8 53.6 54.2Electric railroads 1923-25=100- 66 3 65.2 64.7 65.1 65.8 66.6 66.7 65.9 65.8Steam railroads 1923-25=100.. 5/4 50.4 53.1 54.0 53.8 54.1 52.6 52.6 53.3

Rubber products 1923-25 = 100— 828 76-2 87-9 89-4 89-4 87-0 84-3 S3- 4 I 85.1Rubber tires and tubes 1923-25=100.. 74'0 70.0 77.9 77.7 77.3 ! 75.1 74.3 73.7 | 75.4

Stone, clay, and glass products. 1923-25 = 100._I 53*9 48.8 51.4 51.0 49.7 50.0 50.0 52.0| 52.7Brick, tile, and terracotta—1923-25 = 100.. 2 9 3 30.8 32.9 32.9 31.1 29.3 28.6 2 8 . 1 1 29.4Cement 1923-25 = 100.. 54*3 46.7 49.9 45.2 39.8 40.9 38.6 40.1 46.1Glass 1923-25=100.. 928 75.0 79.1 78.6 78.9 81.2 83.2 91.1 91.8

Textiles and products 1923-25=100.. 99*2 100.2 101.2 j 98.1 96.1 92.1 87.3 88.1 95.1Fabrics 1923-25 = 100.. 90'4 100.7 103.1 98.4 95.8 91.8 88.2 88.5 9 4 , 8 1Wearing apparel 1923-25=100— 855 94.8 92.4 93.4 92.7 i 88.7 81.7 83.1 91.3

Tobacco manufactures 1923-25=100.. el's 61.0 62.4 60.0 61.91 63.1 61.9 58.4 62.6Transportation equipment 1923-25=100— 853 56.7 61.7 65.5 63.9 60.5 65.6 72.1 82.6

Automobiles 1923-25 = 100.. 955 64.0 68.6 72.7 69.81 65.3 71.8 81.1 94.6Cars, electric, and steam 1923-25=100.. 4 7 9 23.0 28.0 27.9 29.1 I 31.6 34.6 35.4 41.4Shipbuilding 1923-25 = 100- 70.8 53.5 60.8 68.4 70.7! 66.1 67.3 62.5 62.8 i

Factory, by cities and States: jCities: i

Baltimore* 1929-31 = 100- 815 °70.0 75.8 79.1 80.9 76.8 74.1 72.1 76.1 l

Chicago* 1925-27 = 100.. 6 7 2 56.7 64.0 65.3 65.6 63.0 60.9 60.8 63.2Cleveland* 1923-25=100.. 82.6 71.0 75.5 75.2 71.9 74.6 74.1 78.5 83.6!Detroit 1923-25=100- 839 62.8 64.7 59.6 37.3 41.6 61.7 83.2 99.1Milwaukee* 1925-27=100- 826 71.9 76.6 79.2 79.1 76.7 77.1 76.7 75.8!New York 1925-27=100- 681 59.2 63.4 69.0 70.0 67.8 67.4 66.9 71.4Philadelphia!- 1923-25=100— 771 66.6 72.9 78.3 81.4 79.3 | 76.8 73.3 76.1Pittsburgh* 1923-25=100- 79.2 68.5 75.7 77.4 75.2 7 4 . 7 1 73.4 70.0 73.4

States: i !Delaware! 1923-25=100- 96.6 87.9 94.2 98.1 95.1 94.2 92.7 89.0 93 .4!Illinois 1925-27=100.. 715 60.9 67.9 69.7 68.9 66.2 65.4 64.0 66.0 jIowa .1923=100- 106.7 93.0 95.3 99.3 101.9 98.8 99.8 98.4 101.6 |Massachusetts*! 1925-27=100- 67.6 69.0 73.2 75.1 76.5 72.9 69.1 I 68.5 73.0 |Maryland*... _ 1929-31 = 100- 86.8 °78.8 84.0 88.3 90.1 85.5 81.2 79.0 83.8New Jersey! 1923-25 = 100- 817 70.4 74.9 79.5 • 80.5 80.5 79.8 77.4 78.9New York. 1925-27 = 100- 69.7 62.2 65.7 69.6 69.6 67.4 66.2 65.8 69.6Ohio 1926=100.. 89.7 77.8 81.9 83.7 83.2 80.5 80.1 79.4 85.4Pennsylvania! 1923-25=100.. 7G.3 68.4! 73.2 76.3 76.6 75.3 72.5 69.5 73.7 IWisconsin 1925-27 = 100- 85.7 75.9 77.5 79.7 80.0 78.3 76.5 75.7 77.2

Nonmanufacturing (Dept. of Labor):Mining: | I

Anthracite 1929=100.. 53.6 43.8 j 47.7 56.8 56.9 61.0 54.5 64.1 63.2 iBituminous coal ..1929=100.. 77.0 63.2 68.6 71.8 68.0 74.8 75.4 75.8 76.1Metalliferous— 1929=100- 39.9 33.0 36.8 38.9 40.7 40.6 40.6 39.6 40.3 jPetroleum, crude production...1929=100- 81.6 59.5 60.8 66.2 70.6 72.2 75.0 73.2 72.4 iQuarrying and nonmetallic 1929=100- 55.6 49.5 51.6 52.6 53.2 51.1 45.3 39.7 38.8 !

Public utilities:Electric railroads 1929=100.. 73.1 69.4 69.5 69.7 70.6 71.0 70.8 70.5 71.0!Power and light — 1929=100.. 85.0 77.5 78.1 80.3 82.2 82.6 81.8 82.2 81.2Telephone and telegraph- 1929= 100- 71.0 68.5 68.1 68.3 68.7 68.9 69.4 70.2 69.8

Trade: j | I !Retail.. 1929 = 100.. 83.3 74 .6 ! 78.1 86.0 | 89.6 91 .6! 105.4 | 84.6 83.8:Wholesale ....1929=100- 84.0 76.9 j 79.7 82.1 I 83.5 83.4! 83.3! 82.4 83.01

Miscellaneous: i I iBanks, brokerage houses, etc.*!.1929=100- (3) 97.7 98.3 99.0 99.4 99 .6 ! 99.3 99.2 99.4 (3) (3) (3) (3)Dyeing and cleaning *! ..1929=100.. 80.5 76.6 ! 76.8 81.9 81.6 76.1 j 70.5 68.1 68.1 72.4 79.9 84.3 84.9Hotels 1929=100.. 86.3 75 .6 ; 77.1 78.7 77.0 75.8 77.6 81.5 8 4 . 8 ? 86.4 86.7 85.7 8 6 2Laundries*! 1929=100- 84.6 79.5! 81.1 82.6 81.3 78.4 j 7 8 . 4 1 78.5 78.4! 79.2 80.5 82.1 84.0

Miscellaneous data: ! i 1Construction employment, Ohio.. 1926=100.. 30.5 26.8 29.1 28.3 28.1 29.1 j 27.3 23.6 21.0 20 .2 ; 24.5 31.7 °38.0Farm employees, hired, average per farm j |

number.. .87 .94 .94 1.05 .86 .73 ! .64 .73 .67 .80 j .80 .92 1.02Federal and State highway employment, j

total* _ _ number.. 549,203 332, 277 : 329, 813 337,973 384,029 420, 069 ! 362, 031 ! 315, 989 308, 090 296, 265 ! 345, 278 466,504 545,013Construction*. number.. 380,701 190, 633 171, 576 177,413 212,727 249, 239 j 221,168 | 179, 499 179,125 164, 038 j 209,167 299,133 374,056Maintenance* number.. 168,502 141,644 158,237 160,560 171,302 170,830 | 140,863 136,490 126,965 132,227 ! 136, 111 167,371 170,957

Federal civilian employees: IUnited States * number 591,166 592,490 602,465 613,242 624,1181627,713 627,155 647,759 659,503 680,026 694,968 696,977

Washington .number 65,991 67,715 69,740 71,054 73,131 j 75,450 78,045 79,913 81,569 83,850 85,939 87,196Railroad employees, class I thousands.. 1,069 1,0051 1,031 1,047 | 1,042 | 1,014 [ 982 982 992 i 1,015 1,033 « 1,061 1,075

0 Revised. s No-t available.* For earlier data see the following references: Employment in Baltimore, Milwaukee, Maryland, and Massachusetts, and Federal civilian employment, pp. 18 and 19,

December 1932; employment in banks and brokerage houses, etc., Federal and State highway employment and eniploymant in Chicago, pp. 19 and 20, June 1933; Pittsburghemployment, p. 18, January 1934. Cleveland employment, p. 19, July 1934.

! For revised data refer to the indicated pages as follows: Employment in Delaware, New Jersey, Pennsylvania and Philadelphia, p. 19, September 1933; and for Massa-chusetts, employment for 1931,1932, and 1933, p. 19, August 1933. Employment in banks, brokerage houses, etc., for 1932, p. 28, January 1934. Employment in laundries anddyeing and cleaning establishments, p. 20, August, 1934.

107.3113.4101.976. 379.359.493.491.490.993.849.864.737.434.281.273.866.2

72.3227.476.878.792.995.5

106.059.466.758.883.276.754.932.055.490.5

0 92. 2"91.1

90.862.7

a 90.1• 101. 1

49.675.7

81.967.786.783.185. 170.577.481.5

97.972.7

111.769.387.682.271.0

'93.377.384.1

57.576.741.080.056.6

73.284.070.4

88.284.1



1934

July

1933

July August Septem-ber October Novem- j Decem-

ber | ber

1934


EMPLOYMENT CONDITIONS AND WAGES—Continued

EMPJLOYMENT-ContinuedMiscellaneous data— Continued.

Trades-union members employed:All trades percent of total—

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

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

Hours of work per week in factories:*!Actual, average per wage earner hours. .

Labor disputes: t §Disputes . number—Man-days lost number —Workers involved number--

Labor turnover (quarterly):*Accessions percent of no on pay rollSeparations:

Discharged percent of no on pay rollLaid-off percent of no of pav roll—Voluntary quits percent of no. on pay roll--

PAY ROLLSFactory unadjusted (B.L.S.)*. -1923-25= 100..

Chemicals and products ._ 1923-25= 100. _Chemicals 1923-25=100-Druggists' preparations 1923-25=100 _Paints and varnishes 1923-25=100-Petroleuni refining 1923-25 = 100. .Rayon and products 1923-25=100—

Food and products 1923-25=100-Baking . . .1923-25 =100. .Beverages 1923-25=100Slaughtering, meat paeking..l923-25=100—

Iron and steel and products 1923-25=100-Blast furnaces and steel works_1923-25= 100- .Structural and metal work ... 1923-25= 100. _Tin cans, etc - 1923-25=100—

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

Lumber and products _ 1923-25= 100- .Furniture 1923-25=100—Millwork. 1923-25=100-Sawmills . .1923-25 =100- -Turpentine and rosin. 1923-25 = 100-

Machinery 1923-25=100..Agricultural implements 1923-25 = 100. .Electrical machinery, etc 1923-25=100—Foundry and machine shop products

1923-25 = 100-Radios and phonographs 1923-25=100-

Metals, nonferrous__ 1923-25=100-Aluminuni manufactures 1923-25 = 100. .Brass, bronze, copper prod... 1923-25 =100-Stamped and enamel ware___1923-25=100—

Paper and printing. 1923-25=100..Paper and pulp 1923-25=100

Railroad repair shops . 1923-25=100Electric railroads 1923-25=100Steam railroads 1923-25= 100..

Rubber products 1923-25=100Rubber tires and tubes 1923-25=100—

Stone, clay, and glass products— 1923-25= 100—Brick, tile, and terra cotta.... 1923-25= 100..Cement 1923-25=100..Glass 1923-25=100

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

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

Automobiles 1923-25=100-Cars, electric and steam 1923-25 = 100—Shipbuilding 1923-25-100

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

Factory, by States:Delaware t 1923-25=100-Illinois ..1925-27=100-M ar viand * 1929-31 = 100Massachusetts *t-- .1925-27=100..New Jersey! 1923-25=100-New York__ . 1925-27=100Pennsylvania f 1923-25= 100-Wisconsin 1925-27=100-.

Nonmanufacturing (Department of Labor):Mining:

Anthracite. ..1929=100..Bituminous coal 1929—100Metalliferous 1929—100Petroleum, crude production. _ _ 1929 =100. .Quarrying and nonmetallic 1929 = 100—« Revised.* For earlier data on the following subjects

of work and labor turnover rates, p. 20, October1932; pay rolls, New York, p. 20, June 1933; payn IS. Dp.f'p.mhp.r 1939 Data rm fanf.nrv nav-rnl

°7243

°768379

M8

34.1

60.488.696. 686.178.095.7

208.695.698.2

193.591.447.647.940.694.577.276.279.231.639.323.120.950.358.170.249.8

51.1114.454.150.454.472.977.377.151.158.850.661.955.936.117.039.169.562.564.455.347.365.470.746.355. 6

75.245.861.855.361.350.6

71.248.076.954.363.155.755.562.1

42.349.725.160.035.0

refer to th1932; payrolls, Phil

in Havoc

693355778048

42.9

"84a 1,505,40$a 53, 571

693458788149

38.2

°990 1,570,5120 53, 844

71 !

3761787851

36.3

-125"3,873,662* 163, 682

22.88

.786.31

i 4.16

50.874.174.475.471.281.4

177.376.881.8

160.966.541.441.424.077.672.471.474.827.636.022.717.034.239.133.035.8

35.363.543.153.148.854.067.968.340.052.939.160.455. 929.915.527.853.864.469.250.943.643.548.818. 136.2

°55. 635.247.747.448.042.3

66.037.9

°60. 153.054.448.045.749.2

38.233.619.042.228.4

e indicaterolls, Baladelphia,

56.877.981.081.069.882.2

197.882.183.1

153.872.150.053.129.780.878.277.778.632.443.923.820.136.343.537.037.5

39.984.248.359.252.962.371.076.245.953.445.561.953.333.917.432.059.674.179.259.544.549.755.724.240.0

65. 439.552.050.554.852.7

64.942.667.957.357.551.053.253.3

46.643.321.942.529.9

id pages otimore, p.p. 18, Dec

59.181.580.685.468.786.0

213.294.890.2

146.278.247.547.933.781.977.577. 178.237.352.824.123.243.346.641.639.7

41.3104.151.659.554.062.774.777.645.353.044.861.450.433.516.525.862.278.777.675.948.248.253.123.145.9

68.839.951.857.359.449.0

67.743.073.859.460.055.053.653.8

60.744.123.944.429.3

f the mon18, Decei

member 19

733864798452

36.1

-98"3,659,502"101, 146

59.485.585.791.070.789.4

218.391. 190.6

131.977.747.648.035.975.672.370.178. 838.155.023.523.348.350.247.441.5

43.3142. 853.862.252.566.676.077.548.954.248.662.949.733.614.924.763.577.477.572.751.243.346.124.247.5

67.539.453.455.963.147.6

67.743.073.059.461.654.155.355.3

61.644.125.950.131.2

thly issueiiber 193232; pay roin no 1QQ/1

723764808250

33.8

°52"1,298,113a 23, 790

713864818049

33.8

« 30a 404,993« 13,152

11.31

6211.342.18

55.584.685.192.868.389.8

218.985.390.4

120.576.643.342.235.474.760.155. 674.333.645.022.121.845.350.253.641.3

41.9150.552.460. 149.463.675.672.446.156.245.558.344.831.813.623.063.069.773.258.650.138.639.624.446.8

65. 137.551.553.659.845.7

65.540.369.555. 762.051.852.452.3

47.850.725.650.328.3

s as follo\pay rollsIs, Pittsb

54.584.986.692.968.889.4

220.984.489.6

130.882.043.743.034.281.561.155.778.831.040.122.020.048.949. 159.839.8

41.3128.450.258.549.060.977.271.944.756.843.859.047.331.012.719.164.464.068.651.246.543.746.027.249.4

63.137.351.753.257.246.4

66.540.567.452.861.251.350.650.1

44.350.826.253.224.4

v^s: TradeChicago

urgh, p. 1

724265818149

34.3

31°574, 545

30, 618

54.084.586.990.971.589.5

208.180.788.5

127.781.841.141.231.971.167.564.277.927.435.319.717.450.447.665.238.2

41.395.147.150.948.356.874.371.342.155.441.258.748.629.912.219.465.364.867.056.639.852.758.326.048.2

61.438.949.853.754.441.9

63.440.564.853.158.451.846.750.5

73.251.325.453.021.3

s-union np. 20, Ju

3, January1O T-i-iliT 1

744566818352

35.5

39789, 553

18, 627

60.687.288.091.874.590.8

220.081.191.4

128.578.645.746.133.570.581.781.082.630.540.521.719.151.751.875.740.9

45.496.552.261.151.466.276.076.445.656.444.965.257.933.313.122.573.577.978.372.345.572.082.336.449.0

65.940.553.657.458.746.5

68.343.270.358.861.354.752.454.4

65.854.626.050.521.0

lembers eae 1933; pf 1934; paOQ.4

754570828453

36.4

541,091,02337, 700

19 79

.616.652.73

64.889.189.192.677.192.0

218.282.291.8

138.375.951.352.235.179.784.484.183.931.941.123.220.746.255.878.243.8

49.9101.556.864.256.375.877.778.648.558.647.770.563.434.713.724.174.682.680.881.445.884.598. 139.752.4

70.641.458.662.161.952.7

69.045.274.560.661.958.356.858.9

82.458.925.952.524.1

mployed,ay rolls, Iy rolls, M

764272828453

36.1

«81"2,280,164" 78, 035

67.392.395. 892.483.092.0

221.383.191. 3

150. 976.156.859.437.684.282.181.881.933.340.324.622.553.760. 593.647.8

54.4108.958.967.059,880.879.781.353.059.252.773.467.638.816.430.680.879.879.37G. 146.292.2

107. 443.053.9

75.342.059.760.962.555.2

69.546.878.760.762.759.058.769.6

51.751.427.253.429.9

p. 18, DeVlilwaukcaryland a

764375838452

35.5

«m"2,343,767a 89, 293

67.188. 394.488.587.992.7

191.287.295. 3

167. 080.761.366.141.586. 978.977.682.034.640.525.324.251.462.287.249.9

56.8112. 460.663.562.183.680.679.853.859.453.570.364. 539. 518.135.875.874. 174.968.146.388.0

100.447.360.0

76.644.664.859.261.465.4

68.749.178.959.664.558.261.963.9

64.054.425.656.435.0

cember 1(

e, p. 18, 1nd Massi

754578838149

35.4

1452, 490, 269

97, 830

13.07

.6911.002.97

a 64. 888.196. 190. 386,393. 1

200.091. 996. S

182. 587.262.668.942.794.172.970.579.833. 941.224.123.251.061.676. 151.8

55.5117.457.959.158.480.178.978.553.859.653.566.561.138.819.339.973.4

* 66. 40 66. 9

61.747.5

« 78. 1« 85. 8

53. 160.2

77.645.565.856.261.365.4

71.449.979. 955.064. 757.061.364.0

53.355. 126.756. 937.0

)32; hoursDecemberichusetts

t Revised series. For revisions on the following subjects refer to the indicated pages of tne monthly issues as follows: Labor disputes for 1932, p. 29, July 1933; pay rolls,Philadelphia and Delaware, p. 19, September 1933; pay rolls, Massachusetts, for 1931, 1932, and 1933, p. 19, Aueust 1933; pay rolls, New Jersey and Pennsylvania, p 19,September 1933. Hours of work per week in factories revised for 1933, for data not shown above see p. 20 of the July 1934 issue.

§ Data for 1933 revised; disputes, Jan. 32, Feb. 35, Mar. 39, Apr. 47, May 50, June 52; man-days lost, Jan. 251,829, Feb. 113,215, Mar. 348,459 Apr 551 930, May 664 689,June 576,535; workers involved, Jan. 8,875, Feb. 6,915, Mar. 13,081 Apr. 20,302, May 19,097, June 28,048.


ti December 1931,footnotes and refer -data, may be found

ement to the Survey

1934

July

1933

July August S» October Novem-ber

Decem-ber

1934


EMPLOYMENT CONDITIONS AND WAGES—Continued

PAY ROLLS— ContinuedNonmanufacturing (Department of Labor)— Con.

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

Trade:Retail 1929=100 .Wholesale 1929=100

Miscellaneous:Banks, brokerage houses, etc.*!_1929=100__D y eing and cleaning * ! 1929 = 100Hotels ... .1929 = 100..Laundries*! 1929=100

WAGES— EARNINGS ANO RATESFactory, weekly earnings (25 industries):*!

All wage earners __ . _ dollars. _Male:

Skilled and semiskilled .dollarsUnskilled. dollars..

Female dollarsAll wage earners .1923=100..

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

Female - _.. 1923 =100. .Factory, av. hourly earnings (25 industries):*!

All wage earners . - dollarsMale:

Skilled and semiskilled dollars..Unskilled .dollars

Female dollars..Factory, weekly earnings, by States:

Delaware 1923-25 = 100Illinois ..1925-27=100Massachusetts*! 1925-27 = 100. _New Jersey 1923-25 = 100New York . 1925-27=100..Pennsylvania 1923-25=100Wisconsin ..1925-27 = 100.

Miscellaneous data:Construction wage rates:*§

Common labor (E.N.Rj.-.&ol. per hour..Skilled labor (E.N.R.) dol. per hour

Farm wages, without board (quarterly)dol. per month..

Railroads, wages _ dol. per hour..Road-building wages, common labor:#1[

United States _ dol. per hourEast North Central dol. per hourEast South Central -dol. per hourMiddle Atlantic dol. per hour..Mountain States dol. per hourNew England dol. per hourPacific States dol. per hourSouth Atlantic _dol. per hourWest North Central dol. per hour.West South Central dol. per hour

Steel industry:U.S. Steel Corporation dol. per hour..Youngstown district percent base scale..

63.881 172.3

69.567 6

58 965.668.2

19. 92

22.3716.4714 3674. 9

72.673 983.3

.587

. 649

.484

.429

77 172 675.285 379.874 469.3

.5301. 10

.425030

.4156

.4358

.32

.4334

.485101.5

57.470 066.7

58. 159 1

84.850 053.358 7

19.34

22.2716.4812 9972.7

72.374 075 3

.456

.515

.374

.304

78 767 176.785 477 268 861 9

.443.99

.608

.3441

.20

.35

.44

.3551

.22

.3527

.440101. 5

58.270 966.1

62.760 8

84.450 054.060 3

19.34

22.2616.1413 9172.7

72.272 480. 7

.507

.566

.412

.366

72 367 878.184 777.674 966.2

.443.99

.597

.3542

.20

.3543

.3750

.23

. 3528

.440101.5

57 871 864.6

69 262 3

84.557 155 663 5

19.41

22 0516.0414 3172 9

71 672 083 0

536

.593439

.401

72 466 679 083 379 072 264 8

.4521 02

25.89606

374320

.3644385225

.3628

.440101.5

59.876 267.0

72 366 0

84.757 456 262 5

19.50

22 3516. 3414 3173.3

72.573 383 0

.542

.598

.444

.404

74 667 377.584 577 873 966 6

.5061 03

.603

.374320

.3744

.405525

.3729

.440101.5

59 474 567.7

72 664 1

86.152 555 260 7

18 44

21 0514.8713 7469 3

68.366 779 7

546

.604

.445

.404

72 865.676.285 076.871 564.5

.5101 04

.613

.384521

.3845

.405724

.3730

.440101.5

59 674 467.7

80 364 5

87.447 357 661 1

18 57

21 1015. 2713 4869 8

68 568 578 2

550

.609450

.407

75 166 771 284 777 471 563 3

.5201 06

24.90616

38452339473958253831

.440101.5

59 273 869.0

68 863 9

88.146 860 861 7

18 89

21 4415.7413 4371 0

69 670 677 9

551

.608456

.411

74 668 472 583 378*769 664 1

.5161 05

612

37452341484058213829

.440101.5

60 174 467.9

67 764 6

87 046 365 261 7

19 81

22 2816.4214 8574 4

72 373 786 1

558

.614459

.415

76 670 575 385 778 673 568 1

.5271 06

631

3746

42494157233632

.440101.5

62 275 670.4

69 565 7

51 766 662 7

20 49

22 8716.9514 6377 0

74 376 184 9

561

.615465

.419

75 471 9

76 485 480 876 772 1

.5271 07

26 88609

42503042554457314135

.440101.5

62 976 868.8

71 566 8

60 866 564 4

21 00

23 4617.4114 7178 9

76 278 185 3

579

.633479

.425

75 872 175 986 780 678*272 2

.5341 08

610

43513041554657314135

.485101.5

63 077 671.4

71 866 3

65 165 966 9

20 79

93 9516.8814 6378 1

75 57^ 884 9

586

.646486

.428

75 373 675 887 380 782 674 0

.5341 10

600

43513041554457314335

.485101.5

63 277 871.3

71 666 5

64 160 268 3

o OQ 70

a 93 9->

« 17.0414 5877 8

75 4

S4 t)

586

.648480

. 429

76 'i74 174 387 080 281 374 3

.5341 10

27 29

4351

' 3041

435731

'4235

. 485101. 5

FINANCE

BANKINGAcceptances and com'l paper outstanding:

Bankers' acceptances, total mills, of dol._Held by Federal Reserve banks:

For own account . _ mills, of dolFor foreign correspondents.mills. of dol..

Held by group of accepting banks, totalmills, of dol._

Own bills mills, of dolPurchased bills mills, of dol

Held by others mills of dolCom'l paper outstanding mills, of dol..

Agricultural loans outstanding:Farm mortgages:

Federal land banks mills, of doL.Joint stock land banks mills, of doL.Laud bank commissioner*. ..mills, of dol._

Loans and discounts of Federal interme-diate credit banks mills, of dol

Other loans:Agr marketing act* mills of dolBanks for cooperatives, inch Central

Bank* mills, of dolEmergency crop loan* mills, of doL.Prod. cred. ass'ns* thous. of dol._Regional ag. credit corp.* mills, of dol..

« Revised.* New series. For earlier data on the follov

516

1

47222225042

168

1,690306430

202

2191

49, 820129

/ing subje

738

37

55224830414797

1, 10142€

1

89

461

139

154"

cts refer t

694

140

499252247154107

1, 104416

2

107

329

136

158"

o the ind

715

141

517236282156123

1,110413

6

127

321

135

155"

cated pa^.

737

131

592271321112130

1,126408

16

133

319

7110

2147

3 Notes of the

758

18

599273326138133

1,156401. 34

141

317

11946

143

available,monthly i

764

1274

442223219190109

1,21439271

149

168

199027

145

ssues, as

771

1054

56725531295

108

1,288381120

150

167

1581

157145

follows: P

750

565

581266315108117

1,371370174

148

167

1573

665146

ay rolls, r

685

235

57625232481

133

1,458349'238

156

165

1668

4,409145

>anks, bro

613

34

53623629970

139

1,484345259

172

154

1784

14, 392145

kerage ho

569

3

507226231

59141

1,549335311

191

150

1990

28, 117143

uses, etc.

534

48022026053

151

1,631320379

198

2191

38, 518138

June 19,1933; factory weekly earnings, p. 20, October 1932; factory hourly earnings, p. 18, December 1932; weekly earnings, Massachusetts, p. 18, December 1932; construction wagerates, p. 19, September 1933. Data on additional series of agricultural loans outstanding will be shown in a subsequent issue.

! Revised series. For revisions on the following subjects refer to the indicated pages of the monthly issues, as follows: Pay rolls of banks, brokerage houses, etc., for 1932,p. 29, January 1934; Massachusetts weekly earnings for 1931, 1932, and 1933, p. 19, August 1933 issue; pay rolls in laundries and dyeing and cleaning establishments, p. 20,August 1934; factory weekly and hourly earnings revised for 1933; for data not shown above see p. 20 of the July 1934 issue.

# Beginning with March 1932 method of computing rates was changed.\ Increase in wage rates during March was due to provisions of title I, sec. 204, par. 2, item C of the National Recovery Act, which required State highway departments

to fix minimum wage scales.§ Construction wage rates as of August 1, 1934, common labor $0.530, skilled labor $1.11.

September 1934 SUEVEY OF CURRENT BUSINESS 31


1934

July

1933


berDecem-

ber

1934


FINANCE—Continued

BANKING— ContinuedBank debits total mills, of dol

New York City .mills, of dol__Outside New York City mills, of doL.

Brokers' loans:Reported by New York Stock Exchange

mills, of dol._Ratio to market value percent..

By reporting New York member banksmills, of doL.

Federal Reserve banks:Acceptance holdings. (See Acceptances.)Assets total mills of dol

Reserve bank credit outstandingmills, of dol._

Bills bought,.. mills, of doL.Bills discounted mills, of dolUnited States securities mills, of doL.

Reserves, total§ mills, of dol_.Gold reserves mills of dol

Liabilities, total mills, of dol_.Deposits, total mills, of dol__

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

Reserve ratio percent .Federal Reserve member banks: *

Deposits:Net demand mills, of dolTime . IT ills, of dol .

Investments mills, of dolLoans, total mills, of do]..

On securities mllis. of dol..All other loans mills of dol

Interest rates and yield on securities:Acceptances, bankers" prime percent..Bond yields. (See Bonds).Call loans, renewal percent..Coin'l paper, prime (4-8 mos.) percent..Discount rate, N.Y.F.R. Bank percent. .Federal land bank loans percent.-Intermediate credit bank loans percent. _Real estate boiid*^ Ion**1 term percentStocks yields. (See Stocks.)Time loans, 90 days percent..

Savings deposits:New York State mills, of dolU.S. Postal Savings:

Balance to credit of depositorsthous. of dol..

Balance on deposit in banks .thous. of dol..

FAILURES

Commercial failures:Total number

Agents and brokers number..Manufacturers, total number..

Chemicals, drugs, and paints.. number _ _Foodstuffs and tobacco number..Leather and manufactures number..Lumber _ . _ number..Metal? and machinery.. _ .number..Printing and engraving number..Stone clay and glass numberTextiles . - numberMiscellaneous. number..

Traders total numberBooks and paper.. number .Chemicals, drugs, and paints. .number..Clothing numberFood and tobacco number..General stores number. _Household furnishings number..Miscellaneous. ... number

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

Chemicals, drugs, and paintstbous. of doL.

Foodstuffs and tobacco thous. of dol..Leather and manufactures thous. of dol..Lumber thous. of dol_.Metals and machinery thous. of dol..Printing and engraving thous. of dol..Stone, clay, and glass thous. of dol..Textiles thous of dolMiscellaneous thous. of dol..

Traders, total thous. of dol. .Books and paper thous. of dol_.Chemicals, drugs, paints. .thous. of dol..Clothing.. .thous. of dolFoods and tobacco thous. of dol..General stores thous. of dol..Household furnishings thous. of dol..Miscellaneous thous. of dol..

27, 75213, 84213,910

9233.00

885

8,161

2,4625

222, 4325,1544, 9308,1614, 2954, 0293,07769.9

12, 7454,4889, 8897,8733,3584,515

H-H1.00H-i1.505.002.00

X-i5,114

1.190,712670, 182

91298

2354

2311372595

4081

5798

6871

251206893

19, 3264,1166,786

309146138975766778192717

2, 7658,124

135870790

3,222123839

2,145

31 23217, 35413, 878

9162.80

876

6,442

2,2099

1672,0283,7933 5486,4422,5442,2943,01268.3

10, 4754, 5338 Oil8,5463,7724,7743/i-M1.00

IM-IH2.505.583. 10

H~1A5,085

1,176,669960, 170

1,421120325

7331130

«45201142

0 126976« 1910013836436

a 1500 169

27, 4815, 6558,282

121279559

2, 2850 1, 154

420436689

« 2, 33913.544

«269882

1,4013,971

446a 2, 444« 4, 131

25 45113, 07612, 375

9172.50

881

6,607

2,297

1532,1293,8203,5886, 6072,6752,4092,98867.4

10, 4274,5088,0748, 5333, 7664,767

fc-H

.981H

2.505.003.13

1-1M

5,059

1,177,667947, 822

1,472114357

2542114249181730

1231,001

1899

14838741

134174

42. 7769,367

15, 192

65076435

2, 6522,995

213631591

6,66118, 217

3201,5742,3476, 757

4912, 3344,394

24 55512, 34012, 215

8972.74

806

6,735

2,4217

1282,2773,8053 5916,7352,7482,4383,00266.2

10, 5054,5017,9898,5403, 6874,853

K.75

IX-VA2.505.003.13

yrK

5,079

1,180,668937, 409

1,116115273

4204

3738131719

121728

558

1152843593

13821, 8474,8337,646

14228

142, 102

7714042483.i5

3, 5109, 368

31598

1.1132.928

2181. 7542,726

26 30713, 28013, 027

7762.58

749

6 889

2,5497

1162,4213,8173,5916,8892,8852,6852,96665.2

10,6534,4708,1568,5933,6044,989

1A

.75W

'2.005.003.13

*H*5,049

1,188,871918, 644

1,206112314

1346133631221915

119780

106381

31041

105170

30, 5828,4478,850

267493151993452415874668

4, 53713, 285

293746

1,0423, 859

5951,9104,840

24 13112, 20411,927

7892.43

720

6 865

2,58124

1192,4323,7783 5736,8652,7962,5733,03064.8

10, 7514,4108 1048, MS3, 5094 9991A-1A

.75IX

'2.005.003.04

%-l

5,029

1,198,656910, 133

1,237106311

6319

3439271632

117820

7H7

1173194199

15025, 3535,2827,808

52573576

1,0951,017

775506437

2,7771 2, 263

61792

1,1494,068

4201 , 633

1 4, 140

26 30113,01313, 288

8452.55

837

7 041

2,68813398

2,4373,7943 5697,0412,8652,7293,08063.8

10,9524,3518. 2008,3853,6204,765

H

.941M-1H

'2.005.002.96

M-iM5, 061

1,208,847914, 235

1,132100258

6231328

161129

105774

1180

1163024096

12927, 2009,0968, 658

89184405

1, 7481, 372

323487343

3,7079,446

195750

1,2322,854

3711,3242, 720

27 22114, 02313, 198

9032.42

888

6 989

2, 63011183

2,4343,7923 5576,9893,0352,6522,92663.6

11, 1184,3678,7728, 3493, 6094,740

1A1.00

iM-i^'2.00

5.002.98

1-1 M5,067

1,200,771902, 225

1,364118295

730122443202034

105951

1878

212330

34125154

32, 9055,5299,265

34380195991

1, 228568503

1, 1234,243

18, 1 1 1231826

2,2717, 164

5402, 1464,933

25 01513, 23111, 784

9382.56

858

7 309

2, 5676264

2,4324,1403 9317,3093, 2653,0932,98066.3

11,3984,3709,2158, 1853, 5204, 665

H

1.001M-1K

•1.505.003.00

M-i5,076

1,200,023883, 705

1,04985

2481323132725179

2992

7161062

10428325

108124

19, 4454, 3315,943

831207164

1,170284508140580

2,0599,171

! 127781

1,254! 2, 769

2241,7322,284

29 68515, 60814, 077

9812.67

886

7,669

2, 5452954

2,4474.5374 3367, 6693, 6533, 4573,03867.8

11,7944,4199 3118,1613,5144,647

H-H

1.001-1 H1.505.002.74

•K-i

5, 122

"1,199,983856, 323

1,102106301

623194033161722

125695

1468

10126423

13194

27, 2284.880

12, 239

165378339

2,6001,159

5041,0992, 1833,812

10, 108217812

1,0833,124

4572, 4671,948

31 23116, 95314, 278

1,0882.99

974

7 953

2,4859

392,4314,8434 3037,9533,9823, 5993,06068.8

12, 2214, 4549 3268,1363,5774,559

K-K1.00

i-iM1.505.002.50

M-i

5,097

1,197,485806,163

1,052102281

6327

3638101326

113669

125988

2762095

11925, 7875,319

10, 300

22548986

1, 6383,237

126194601

3,70410, 168

198609894

4,424278

1,2222,543

28 75714, 65214, 105

1,0163.00

915

8,028

2,4635

312,4304, 8994,6838,0284,0233, 7463, 06969. 1

12, 4264, 4559, 2808, 0263, 4764,550

^-H1.00

11.505. 002.26

M-l

5, 090

"1,196,881•730, 051

97799

2467

327

2626101027

101632

1164

109250

2468

10622,5613,3509,674

62331178

1, 5791, 334

140348951

4, 7519, 537

80739

1, 0443, 875

1751, 0912, 543

30 14215, 38814, 754

1,0823. 14

1,017

8, 1 75

2,4725

252,4325, 0224,8088, 1754, 1383, 8403, 101

694

12, 5044. 5019,7238, 0143, 5294,485

Ys-lA1.00%-li . r>o5. 00

« 2. 00

M--1

5, 134

1, 198,222738, 318

1, 03395

279

27

%124788

659145791

2982264

11323, 8683, 9689, 581

252344468

1,4121, 703

412

1,3613, 197

10,319

! 1671,3673, 957

317802

3,267a Revised.« Rate changed Mar. 3, Apr. 7, Oct. 20, 1933, and Feb. 2, 1934.- ruut; uuaugeu mar. o, Apr. / , uui. A/, i»oo, auu .ret). ^> lyoi.* New series. Earlier data for Federal Reserve member banks shown on p. 18 of the January 1934 issue. These data cover 90 cities and supersede the previous data for

101 cities. They are available only from January 1932 to date. One additional city has been added in 1934 to offset the dropping of 1 bank which discontinued reporting.§ Figures subsequent to December 1933 represent gold certificates on hand and due from U.S. Treasury, plus redemption fund—Federal Reserve notes. ($35,138,000 on

Feb. 28, $32,748,000, on Mar. 31, $31,400,000 on Apr. 30, $30,000,000 on May 31, $25,724,000 on June 30, and $24,056,000 on July 31, 1934.)



1934

July

1933

July i August S» October

1934

January | F®ryU" March April May i June

FINANCE—ContinuedLIFE INSURANCE

(Association of Life Insurance Presidents)Assets, admitted, totalf - mills, of doL.

Mortgage loans mills, of dol__Farm" mills, of dol..Other -. mills, of dol. .

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

Government _ mills, of dol._Public utility mills, of doL.Eailroad mills, of dol..Other mills, of doL.

Policy loans and premium notesmills, of dol

Insurance written: fPolicies and certificates thousands..

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

Value, total thous. of dol._Group thous. of dolIndustrial thous. of doL.Ordinary thous. of dol

Premium collections t - .thous. of doL.Annuities thous. of dol_.Group thous. of doL_Industrial thous. of dol__Ordinary thous. of dol._

(Life Insurance Sales Research Bureau)Insurance written, ordinary total

mills, of dol._Eastern district mills, of doL_Far Western district mills, of doL.Southern district mills, of doL.Western district ..mills, of doL_

Lapse rates - - 1925-26 =-- 100_ .MONETARY STATISTICS

Foreign exchange rates: #Argentina dol. per gold peso..Belgium dol. per belga_.Brazil dol. per milreisCanada _.dol. per Canadian dol...Chile - .-dol. per peso..England dol. per £..France - dol. per franc. .Germany dol. per reichsmark__Inrh'a dol. per rupee..Italv dol. per liraJapan dol. per yen.,Netherlands dol. per florinSpain dol. per peseta..Sweden - -- dol. per krona..Uruginy dol. per peso

Gold and money:Gold:

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

Net release from earmark, thous. of dol..K\ ports thous. of dolImports thous. of dol

Net gold imports, including gold releasedfrom earmark ° * thous. of doL.

Production, Rand __ fine ouncesReceipts at mint, domestic fine ounces _ -

Money in circulation, total mills, of dol._Silver:

Exports _ _ .thous. of dolImports thous. of doL-Price at New York dol. per fine ozProduction, estimated, world (85 percent of

total) _ thous. of fine oz-_Canada thous. of fine ozMexico thous. of fine ozUnited States thous. of fine oz_.

Stocks, refinery, end of month:United States thous. of fineoz..Canada - thous. of fine oz_NET CORPORATION PROFITS

(Quarterly)

Profits, total t mills, of dol. .Industrial and mercantile, total

mills, of dol.Autos, parts and accessories. .mills, of dol. _Foods mills, of dol..Metals and mining mills, of dolMachinery mills, of dol. _Oil mills, of dol..Steel and railroad equipment

mills, of dolMiscellaneous mills, of dol

Public utilities! mills, of dol_.Railroads, class I mills, of dolTelephones mills, of dol__

1, 04226

7G6250

094, 25946, 795

202, 256445, 208252, 07233, 2468, 885

54,072156, 369

4982134860

177

f>. 336.234.08!

1. 012.103

5.04. 056.385.379.086.298. 678. 133.26080!

7, 893

611114

53, 330

53, 827876, 000141,910

5, 350

1 , 7891,590.463

11,4881,3596,5001, 825

7, 8652,402

17, 1075,8761,3114,565

6,3261,5221,6712,615

518

2,965

1,07633

802242

666, 09542, 456

205, 780417,859254,83136, 4078, 252

54, 025156, 147

4831955056

182

.807

. 195

.079

.945

.0844.65. 055.333.349.074.288.562.117.240.651

4, 319

84, 47185, 375

0 1,497

592923, 67199, 5815,675

2,5725,386.376

10, 2261,2275,7381,552

8, 2152,028

17, 1345,8371,3004,537

6,3891, 5691, 6812,619

620

2,957

1,15618

881257

688, 62024, 437

229, 545434, 638223, 28121,900

7, 90247, 853

145, 626

493207

4858

ISO

.794

.192

.080

.943

.0824. 50. 054.327.339.072.269.554.115.232.648

4,323

79, 46781, 473

1 1, 085

! -921934, 71486, 265

j 5,616

7,01511, 602

.361

10, 9171, 7475 9201,489

3,6652,340

17, 1625,7941,2864,508

6,4281,5991,6892, 619

521

2 951

96233

702226

577, 77623, 028

180, 105374, 643208, 97617,0516,842

52. 939132, 144

4181674352

156136

.861

.207

.082

.965

.0874.66.058.354.350.078.273599

.124

.241702

4,327

49, 30558 2811 544

-7,442901, 799105, 985

5,632

3 321« 3, 494

,384

9,6761 6184 3241,918

3, 5371 862

415.6

128 942.526.2

7 61.8

17.8d 4 737.752.3

186 248.2

17, 2125,7471,2664,481

6,4801,6501,6922,618

520

2,945

1,08223

812246

657, 36225, 920

212, 452418, 990225, 336

19, 0247,216

53,612145, 484

4651944554

172

.861

.207

.085

.976

.0894.67.058.354.350.078.278.600.124.241.708

4,324

26, 86734, 046

1, 696

-5,483908, 888155, 532

5,656

2,2814,106.382

12,0191,6386 6611,781

5, 6691 909

17, 2505,7001,2484,452

6,5991,7621,6972,620

520

2,939

1,07130

772269

681, 04941, 483

202, 843436, 723214, 68215, 8766,909

46, 253145, 644

5042155058

181

.920

.223

.0861.012.101

5.15.063.382.383. 084.304.646.131.266.763

4,323

6002, 957

a 2,174

-463898, 468162, 280

5,681

464« 4, 083

.430

11,3171,4746, 0331, 863

5,6381,744

17, 2175,6491,2344,415

6,6251,8351,6942,585

511

2,948

1,09647

773275

715, 25655, 693

194, 030465, 533324, 87730, 0129, 226

113,588172, 051

5482175667

208133

.758

.217

.0861.006.096

5.12.061.373.384.082.307.629.128.264.746

4,323

11, 78010 8151,687

2,652894, 156184, 622

5,811

5904,977.436

10, 0831, 1315 3911,562

5,2741,758

; 309. 2

1 72.5\ <*6. 1

20.59 01.6

18.7d 10 1

38. 9i 56.9

132 647.2

17, 2995,6121,2144,398

6,7041,8911,7102, 589

611

2,947

1,03929

766244

665, 45732, 673

197, 108435, 676249, 884

25, 5639, 060

59, 051156, 210

4722024353

174

h.335.220.086.995. 095

5.05.062.376.380.083.301.636.130.260

758

m 4, 323

12, 2054 7151 947

9,438907, 641116,543

5,669

8593,593.442

11,3611,3686 0002,025

7,2752 055

17, 3455,5681,1934,375

6,7631,9451,7122,588

616

2,936

1,01515

752248

648, 07326, 862

196,816424, 395224, 676

19, 9257, 765

51, 121145, 865

4712034554

169

6.336.229.085.992.096

5.03.065.389.379086

.298660

.133260788

"• 7, 137

68, 65451

452 622

521,225826 36368, 8455,339

7342,128

452

10 4941 3515 4131 903

8,9192 389

17, 3605,5111,1644,347

6,7941,9671,7162,584

527

2 924

1,22830

894304

787, 62833 241

228, 107526 280251 119

29 CJ57

9^72454, 012

164 826

5712445563

209125

b 340233085

.998

. 1015.09

066.397383086

.300673

.136263802

7,602

-83744

237 380

236, 683874 11293, 2225,368

6651,823

459

10 2381 0854 4952*791

10, 6452 141

315 2

94 831 820.79 23 12.8

d10 938.159 1

112 2i 49.1

17, 4175,4574,3141,143

6,8682, 0221,7192,587

540

2 915

1,17846

841291

794, 49562 214

220, 366511 915245 09925, 0308,255

52, 340159 474

5812485567

211

fc 344.234086

1.002. 103

5.15066

.396388086

.303679

.137266806

7, 736

-1,13337

54 783

53, 615865 822

97, 7515,366

1 4251,955

452

12, 9681 0157 8222 389

11,8652 423

17, 4875, 3981, 1244,274

6 9192, 0471 7272, 5S6

559

2 907

1 20134

86.8299

791,54440 989

226,013594 549244 281

28, 7428, 250

48.018159 271

5S8251566.8

213

b -340234086

1.002103

5.11066395383085

.302679

.137203806

7, 759

4901 780

3r> 362

34, 072898 414101,217

5, 355

1 6384, 435

442

a 12 6971 543

a 7 Q652 ?03

7,1742 449

1 13251

805270

762, 49057 81 *?

211,473493 205946 41429, 2667,813

54. 523lr)4 812

5502335866

199118

b 337934085

1.008102

5. 05066383379086

!299P78

.137200803

7. 821

1,2486 586

70 991

64, 955868 129

94, 4395,341

o 4045,431

452

a 11 497963

a § 461

2 312

« 7, 9072 630

b Quotation based on paper peso instead of gold peso as formerly. Former equivalent to 44 percent of latter. See note on p. 56 of the Mar. 1934 issue.* New series superseding old series which covered the physical movement only. For earlier data see p. 20 of December 1932 issues, net gold imports.t Revised series. For earlier data see pp. 18 and 20 of the July 1933 issue, insurance written and admitted assets; p. 18 of the June 1933 issue, premium collections, and

p. 19 of the July 1934 issue, corporation profits.# Par values of foreign currencies as given on pp. 86 and 87 of 1932 annual supplement were changed with the reduction in gold content of the United States dollar.0 Or exports (-).d Deficit.m Decision of Treasury and Federal Reserve to omit gold coin from circulation figures as of Jan. 31, at which time it was carried as $287,000,000, is not reflected in the

January total, which is the daily average figure for the month. Large increase in February total resulted from revaluation of the dollar to 59,06 percent of its former goldcontent.

September 1934 SUEVEY OF CURRENT BUSINESS 33


1934 1 1933

July j July August Septem- j Optnhpr 1 Novem- Decem-ber |UctoDer| ber I ber January

1934

Febru-ary March April May June

FINANCE— ContinuedPUBLIC FINANCE (FEDERAL)

Debt, gross, end of month mills, of dol—Expenditures, total (incL emergency) tf

thous. of dol.-Receipts, total........ -thous. of del —

Customs thous. of dol—Internal revenue, total thous. of doL.

Income tax thous of dolReconstruction Finance Corporation loans out-

standing, end of month :*§Grand total _ _ thous. of dol—

Total section 5 as amended— thous. of dol..Bank and trust companies including re-

ceivers thous. of dol—Building and loan assoc thous. of doL-Insurance companies thous. of dol._Mortgage loan companies-thous. of dol-.Railroads, iiicl. receivers- -thous. of doL_All other under section 5. -thous. of dol —

Total emergency relief and construction actas amended thous. of dol

Self-liquidating projects thous. of dol..Financing of exports of agricultural sur-

pluses thous. of dol_-Financing of agricultural commodities,

and livestock thous of dol—Amounts made available for relief and

work relief thous. of doL_Total bank conservation act as amended

thous. of dol—Agricultural adjustment act of 1933

thous of dolCAPITAL ISSUES

Total, all issues (Commercial and FinancialChronicle) . thous. of dol—

Domestic, total _thous. of dol—Foreign, total thous. of dol—Corporate, total _thous. of dol—

Industrial —thous. of dol—Investment trusts thous, of del—Land, buildings, etc thous. of dol—

Long-term issues thous. of dol—Apartments and hotels. -thous. of dol—Office and commercial... thous. of dol—

Public utilities thous. of dol—Railroads thous. of dol—Miscellaneous thous. of dol—

Farm loan bank issues.. -thous. of dol—Municipal, States, etc thous. of dol—Purpose of issue:

New capital, total _ thous. of dol—Domestic, total thous, of dol—

Corporate thous. of dol..Farm loan bank issues. -thous. of dol._Municipal, State, etc thous. of dol—

Foreign thous. of dol—Refunding, total thous. of dol—

Corporate thous. of dol..Type of security, all issues:

Bonds and notes, total thous. of dol —Corporate thous. of dol—

Stocks thous. of dol. .State and municipals (Bond Buyer):

Permanent (long term) thous. of dol—Temporary (short term) thous. of dol—

SECURITY MARKETS

Prices: B«nds

All listed bonds, (N.Y.S.E.) dollars--Domestic issues dollarsForeign issues dollars. .

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

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

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

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

percent of par 4% bond —Domestic! (Standard Statistics) (60)— dollars—U.S. Government (Stand. Stat.)* dollars..Foreign (N.Y. Trust) (40) .—percent of par-

Sales on New York Stock Exchange:Total thous. of dol. par value..

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

Par, all issues mills, of dol—Domestic issues mills, of dol—Foreign issues _ _ . mills, of dol

Market value, all issues mills, of dol—Domestic issues mills of dolForeign issues mills, of dol—

27, 189

478 859232, 71219,331

195, 59221 , 709

2,714,0401,336,592

582, 20036, 89332, 619

184, 790354, 447145, 643

571, 96496, 062

15, 185

162, 175

298, 542

731, 436

373, 362373, 362

0145, 779

1. 569310400400

00

43, 500100, 000

0135,00092, 583

216, 645216,645

20, 279105, 00091, 366

0156, 717125, 500

371, 783125,500

1,579

89. 7992. 0079. 59

84. 1277. 55

92. 59

104. 68

69.9299. 3

106. 47

263, 75069, 290

43, 96436, 1137, 851

39, 47333, 2256,249

22, 610

278, 503179, Oil25, 081

131,11611, 983

1,855,2421,461,563

672, 00380, 13968, 022

155, 094331, 290155, 010

342, 03737, 972

1, 493

3,195

299, 373

23, 099

320, 577197, 53332, 690

163, 15814, 091

1, 864,8171,458,184

689, 18078, 05568, 241

158, 357331,102133, 245

347.31541,801

3,402

2,920

299, 193

51,643 59,320

«162, 600"162,467

13395, 95586, 7301,089

0000

7, 0001, 061

7535, 00031, 035

"117,693-117,560

52, 76035, 000

«29,799133

44, 90743, 061

"79, 70613, 06182, 894

37, 83113,916

84.4388.0370. 26

73. 0062.85

79. 63

88.95

66.3289.6

103. 6259. 50

323, 13920, 498

40, 81232, 5388,274

34, 45828, 6455,813

52, 90152, 901

014, 05014, 050

000000000

38, 852

45, 60045, 60014, 050

031, 550

07,302

0

38, 8520

14, 050

110, 88516, 858

84. 6387. 9171. 34

72.6762.02

79. 47

89. 95

65.7289.9

103. 4058. 95

216,81815, 597

41, 61333, 3768,237

35, 21829, 3425,877

23, 051

339, 452333, 25233, 793

318,988134, 343

1,852,4581,432,249

682, 31875, 60467, 793

158, 199331, 755116, 575

353, 81348, 540

3,687

2,571

299,015

63, 096

3, 300

94, 17694, 176

026, 76522, 903

000000

3,8620

30, 00037, 411

63, 81463, 8148,911

18, 00038, 903

030, 36217, 854

85, 26517, 8548,911

52, 19143, 008

S3. 0085. 8271.54

69.5859.79

76.57

85.74

62.3487.9

103. 5157. 97

234, 29633, 886

41, 58133, 3708,212

34, 51428, 6395, 875

23, 050

508, 642272, 74731,938

164, 14810, 348

1,829,6631,398,178

666, 46372, 19267, 596

157,101330, 157104, 367

362, 13553, 038

3, 912

3, 170

299,015

56, 052

3,300

59, 36359, 363

03,1093,109

000000000

58, 254

58, 70258, 7023, 109

055, 592

0662

0

58, 2543, 1093, 109

90, 391

23, 534

510, 375219, 49326, 565

135, 70717, 783

1,962,4021,451,067

689, 39168, 53465, 050

160,612333, 423134, 057

397, 93860, 020

4,498

34, 405

299, 015

110,097

3,300

90, 27990, 279

06,5116,511

000000000

83, 768

88, 25788, 2576,511o

23, 814

725, 086341, 776

24, 994302, 432

25,068

997, 022229,11826. 306

182, 405128, 286 ! 15, 850

j

26, 052

643, 965/ 3,024,210

23, 275174, 03624, 803

2,255,025 Is.saa.rififi I9.fift4.7on1,550,110

711,42568, 23760, 930

177, 845337, 080

1,601,786 1,594,667

710, 68563, 61757, 383

180, 497340, 726

190,773 | 248,878

433, 93763, 451

6, 895

64, 576

299, 015

264, 189

74, 56674, 566

016, 15015, 351

00000

5500

25014, 25044, 166

57, 000

514 51971,746

9,063

134, 095

299,015

410, 472

90, 24390, 243

07, 4835,983

00000

1,50000

28, 00054, 759

47, 77557, 000 47, 77515, 601

05, 9835,000

81, 746 41, 399 36, 7920

2,0220

0 017,568 ! 42,467

550 1, 500

83, 84375

6,436

124, 94153, 830 | 21, 376

82, 3384. 7072.85

68. 9956.50

7-5. 83

85.47

58. 3886.5

103. 5158.78

231, 52034, 678

40, 87532, 6808, 195

33, 651

81.3682. 9874.67

62. 1453. 51

70. 37

58, 96516, 15015, 601

302, 47474, 979

83,3485. 1175.90

65. 4858. 53

71.851

79.22

52.7782.6

101. 3961.53

298, 98993, 536

42, 01033, 8218,189

34, 18027,681 i 28,0855, 970 6, 115

83.07

57.2883.6

100. 9561.47

267, 25941, 865

41,82933, 8158,014

34, 86128, 7786, 083

84, 2601, 5005,983

-143,56786, 175

86.8488.7778.65

71.8963. 83

75.64

89.05

64.4188.3

101. 4367.73

413,39170, 264

41, 76133, 7927,969

36, 26429, 9966,268

700, 27860, 14154, 249

187,610365, 205247, 183

538, 20471, 220

10, 076

157, 896

299,011

465, 130

86, 98486. 984

015, 3363, 366

00000

12, 00000

8,90062, 718

79, 12179, 12113, 0587, 000

59, 0630

7, 8832,308

85, 92615, 3661,058

•76,43325, 395

88. 2790. 1280.43

77.8569. 64

80. 18

95. 19

71.2292.9

102. 7470.22

373, 85223, 606

41, 73733, 7757,962

36, 84330. 440

6^403

26, 158

623, 592/ 434, 555

23, 122390, 353228, 526

2,665,8811, 509, 691

657, 37955, 85451, 700

181,574345. 18123S, 003

556, 22380, 195

11, 073

185, 951

299, 003

593, 043

146, 879146, 879

026, 3404,609

00000

15, 0006,481

25025, 00095, 540

97, 27697, 27613, 7703, 000

80, 5080

49, 60312, 569

142, 27026, 340

4, 609

"105,30459, 341

S9. 1."91.09SO. 89

79.7372. 34

81. 98

97.46

71. 9795.1

103. 7486. 78

324, 46447, 980

41,72733, 7717,955

37, 19830, 764

26, 118

=2,983,939/ 199, 278

23, 792153, 36421, 075

2, 712, 5461, 476, 613

627, 46050, 79938, 575

188, 008344, 934224, 084

561, 22982, 666

12, 330

167, 335

298, 898

656, 187

236, 245235, 045

1,20087, 5245,195

00000

5, 58376, 746

045, 000

103, 722

143, 404143, 40428, 24115, 000

100, 1640

92, 84159, 283

231,55087, 5244,695

al!3,01618, 825

26, 155

563, 226/ 246, 801

21, 041194, 29423, 776

2,746,4641,450,489

613,39745, 49535, 929

191,393344, 716219, 559

571, 90788, 560

12,752

172, 034

298, 561

704, 036

141, 872141,872

031,7816. 199

00000

8,00017, 582

032, 50077, 591

102, 733102, 73328, 82312, 50061, 110

039, 139

2, 958

138, 63128, 510

3, 241

« 81, 12539, 393

i90.4692. 5481. 57

83.4276.72

87.37

90. 1 792. 3280. 79

82.9376.07

88. 34

100.50 101.571

73.94 71.8497.0

104. 6667.78

356, 85955. 496

41,76533, 8517,915

37, 78131,325

6, 435 6, 456

97. 6105.3466.54

283, 89965, 488

42. 40834, 504

7, 90238, 23931,8558,384

27, 053

749, 347,'411,337

20, 837362, 243186, 161

2, 883, 5991, 436, 191

598, 90740, 44234, 748

192,150353, 385216,560

612,19093, 009

13, 948

205, 672

298, 561

814, 707

305, 522305, 522

033, 167

42000000

4,00019, 7479,000

158, 900113, 455

122,506124, 506

9, 42011,500

101, 5860

183, 01623, 747

296. 10223, 7479,420

185,81559, 399

90. 8093. 1680.15

83. 8976.57

91.20

103. 47

71.4599.0

105. 9066.04

260, 50764, 643

43, 55435, 6637,890

39, 54733, 2236,324

« Revised.* New series. For earlier data see p. 20 of the August 1933 issue, Reconstruction Finance Corporation and p. 20 of the June 1933 issue, U.S. Government bond prices.§ This excludes the amount outstanding of $435,914,726 on Jan. 31, $478,243,891 on Feb. 28, $486,686,553 on Mar. 31, $486,717,731 on Apr. 30, $487,635,731 on May 31, 1934,

$493,112,904 on June 30, 1934, and $499,251,915 on July 31, 1934, representing payments made to States by the R.F.C. under the Emergency Relief Act of 1933 upon certifica-tion of grants by the Federal Emergency Relief Administrator.

/ Includes $2,808,221,138 for February, $2,233,252 for March, $409,051 for April, $298,868 for May, $213,447 for June, and $272,163 for July, representing the increment result-ing from reduction in weight of gold dollar.

° The figure for expenditures includes $2,000,000,000 exchange stabilization chargeable against increment in gold.<? Series revised to include emergency expenditures. Figures as shown in Survey for months prior to May 1932 are comparable with this series. Comparable figures

beginning May 1932 are as follows: 1932, May, $470.444,000; June, $688,121,000; July, $497,681,000; August, $372,767,000; September, $280,639,000; October, $456,692,000; Novem-ber, $282,980,000; December, $838,866,000; 1933, January, $359.509,000; February, $360,341,000; and March, $439,475,000.



1934

July

1933

July August Septem-ber October Novern- Decem-

ber i ber

1934


FINANCE—Continued

SECURITY MARKETS— ContinuedBonds— Continued

Yields:Domestic t (Standard Statistics) (60) .percent-

Industrials (15) percent-.Municipals (15) f _ _ . _ uereent .Public utilities (15) percent-.Railroads (15) percent. .

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

Domestic, U.S. Government:Treasury bonds (8 issues)* percent--Treasury notes and certificates (3-6

months) .. percent--

Cash Dividend and Interest Paymentsand Kates

Total (Jowfidl of C'oiTiiTisrcc) thous of dol

Industrial and miscellaneous

T?ailrnrid<3 s*p rr tl ^ f rl 1 "Railways street thous of dol

Dividend payments (N. Y. Times]thous. of dol—

Industrial and miscellaneous.. thous. of doL.Railroad thous. of dol

Dividend payments and rates (Moody' $):Dividend payments, annual payments at

current rate (609 companies). mills, of dol—Number of shares, adjusted millions..Dividend rate per share, weighted average

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

StocksPrices:

Dow-Jones:Industrials (30) dol per sharePublic utilities (20) dol per shareRailroads (20)_ _ dol. per share--

New York Times (50) dol. per share--Industrials (25) dol. per share--Railroads (25).. dol. per share-

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

Standard Statistics:Banks, N Y (20> lc^'6— 100Fire insurance (20) 192P>— 100

Sales, N.Y.S.E- thous. of shares..Values, and shares listed, N.Y.S.E..

Market value all listed shares .mills, of dol__Number of shares listed millions

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

Industrials (50) percentPublic utilities (20) percent--Railroads (20) percent--

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

Stockholders (Common Stock)American Tel & Tel Co total nuirber

Foreign nurr-be1*Pennsylvania Railroad Co., total number—

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

Foreign number. _Shares held by brokers nercent of total

4. 455.103. 754.474.47

4.05

2. 85

113,295107, 860

5, 435

1,113.4918. 05

1.213.77.96

1.711.971.20

94 522.240.7

83. 00133. 8732. 12

71. 479. 769. 241.2

57 860. 8

21, 116

30, 7521,294

3. 67

5.732.69

5. 67

5.156.164.604.834.97

5. 00

3.20

.19

763 219one onn

1K8 900i f\ eor»

3 000;re;7 01 Q

116,211105, 16011,051

972. 4923. 63

1 053.99.73

1.662. 19.86

100 434.751.7

88. 46135.8141.0980.483.597.552. 6

60 960 0

120, 300

32, 7621,281

3.02

4.09| 2.58

6.22

1

5.126.144.544.844.95

4.98

3.21

.01

31° 620101 son

88 1004 QOî2 700

247 S°0

211,432197, 49313, 939

970. 6923. 84

1 053. 99

1.662.15.90

98 430. 849.6

88. 24135.8640. 6375.178. 887.149.4

5« 358 2

42, 466

36, 6701, 290

3.252.934. 7S2.73

6.20

5.286.304.595.015.23

4.94

3.20

.04

391 58990 7'"*0

70 1006 800' 500

onfi tqn

j 64, 629158.577

6,052

978. 8923. 78

1 063. 99.75

1.662. 11. 90

100 327.947.2

86.46135.4537. 4971880.780 147. 2

50 756 6

43, 319

32, 7301,293

3.372. 965.482.93

6.26

682 2«97,629

240, 2373, 234

186, 1053, 17118. 66

5.396.494.605.125. 35

5.01

3.22

.09

6*5 2051QQ J K Q

1?° 750jq °004 300

465 055

123,492117,263

6,229

978.2923. 80

1.063.99

L662.07.91

92.824.938.9

79.54127. 8631.2369.575.575.040.3

47 153.8

39, 379

30,1381,293

3.593. 255.612.51

6.38

!:::::::::

5.726.734.895.415. 86

5.52

3.46

.22

412 855109 950

98 500o QOf1

2 300QQ9 QQ5

259, 518243, 742

15, 776

1,017.8926. 13

1. 103. 55.82

1. 662.07.91

96.423. 738. 6

82. 87134. 2231.5269.176.770.038.4

42 551.8

33, 646

32, 5421,295

3.653. 266. 132.62

6.51

5.636.684.895.405.54

5.48

3.53

.29

566 05911^ 600

99 1005 7CO

700450 4^9

191, 995165, 02326, 972

1, 023. 4926. 13

1. 113.61.83

1.672.07.91

99.323.240.5

85.18137. 2733. 1270.478.867.340.3

42.449.9

34, 878

33, 0951,293

3.593.216.242.48

6.50

680, 4547,418

238, 8763,208

187, 9783,45018.80

5.256.174.675.085.07

4.89

3.50

.25

891 926301 ^60

247 30026 9603 975

C'90 680

201, 854174, 70927, 145

1, 038. 7926. 42

1. 123.58.85

1.672.06.98

102.725.244.9

88.21140. 4835.9575.684.073.245.5

51 657.5

54, 567

37, 3651,293

3.363.045.592.25

6.30

_i

4.905.704.484.754.66

4.74

3.32

.08

403 3481 9 7^0

129 30013 6001 700

orn KQQ

212,413188, 24424, 169

1, 063. 4926. 87

1. 153. 58.88

1.672.06.98

107.328.450.8

94.35147. 9140.7980.588.480.650.0

57.864.2

56, 830

36, 6581,293

3.102.814.942.18

6.01

4.745.514.244.654.56

4.56

3.21

.01

406 8671°9 6CO

111 20015 600

I 200267 267

177, 807172, 416

5,391

1,079.8929. 04

1.163.58.90

1.692.06.98

102.126.448.1

90.06141. 3038.8377.184.976.147.6

56.762.8

29, 916

36, 7001,294

3.333.005.502.32

5.98

671,0527,563

235, 8093,174

186, 6123,77019.01

4.615.284. 114.584.46

4.27

3.12

576 940162 800

111 05017 °006 400

414 140

162, 170155, 651

6,519

1, 073. 4929. 04

1.163.58.91

1.701.98.98

104.326.049.5

92.36144. 8439.8879.688.376.349.3

60.466.9

29. 847

36, 4321, 295

3.252.905.582.24

5.82

"

4. 565. 293 0*34 '"i7

4.47

4.17

3.01

264,155246, 149

IS, 006

1.094.5929. 04

1.18'3.58

.941.701.98. 98

95.323.143.6

82. 66131. 1734. 15

71.879.669.843,3

58.665.2

25, 343

33, 8171,294

3.583. 2,55. 832. 53

5.78

4.475.193 734 514.45

4.01

2 94

217, 544182, 79434, 750

1, I0f\ 1929. 04

1.193.60.95

1.701.971.09

96. 723.844.3

85.71135. 7035. 7373.581.471.944.1

58. 766. 7

16,802

34, 4401,295

3. 553. 21)5. 442.49

5.73

r,75, 4257, 686

233, 8263, 165

3, 78519.73

!

FOREIGN TRADE

INDEXESValue:

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

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

Total, excluding cotton 1910-14 = 100-.

VALUE §Exports, incl. reexports thous. of doL.

By grand divisions and countries:Africa thous. of doL.Asia and Oceania _ thous. of dol..Japan thous. of do l__Europe thous. of dol—

France thous. of doL~Germany thous. of doL.

43483943

161,787

8, 59235, 93512,81261,814

6, 3797, 703

38434448

8051

«144, 109

«3, 26230, 12715, 046

"67, 995°8, 583

"11,235

35384860

6650

a!31, 473

«3, 74024, 44610, 157

=62, 7468,476

«8, 993

42404548

9757

"160,119

4, 53532,12015, 599

«3I, 874«12, 384«13, 723

51424746

12077

"193, 069

4,16635, 05016,825

« 108,59o17,041

"17,720

49424040

11179

«184, 257

4,67037, 57317, 05694, 86414, 082

°16;873

51484142

10993

« 192, 638

«5, 899C40, 878«18, 259

«102, 20812, 12913, 577

45444242

9372

172, 174

3,94035, 90316, 76390, 03013, 20015, 728

43474142

8063

162,805

4, 99934, 22914, 92682, 1821 0. 93513. 820

50504944

7567

191,015

6,59537, 64116, 29592, 49612, 90915,392

47504542

6063

179, 444

5,70837, 49014, 82480, 15010, 67410, 824

42454847

5060

160, 207

5, 63727, 53811.50766, 692

7, 2636,847

45504244

5948

170, -'74

7, 06438, BP310,31067, 6188,1408, 230

a Revised.* New series. For earlier data see p. 20 of the August 1934 issue,t Revised series. For earlier data see p. 19 of the April 1933 issue.§ Data revised for 1932. See p. 34 of the March 1933 issue. Other revisions for the year 1932 were shown on p. 34 of the April, May, December, 1933, and January 1934

issues. For revised data for months of 1933 not shown above see p. 20 of this issue.



r 1931,d refer-

>e foundSurvey

1934

July

1933


berDecem-

ber

1934

January Febru-ary March April May

iJune

FOREIGN TRADE—Continued

VALUE— ContinuedExports, incl. reexports— Continued.

By grand divisions and countries— Contd.Europe — Continued.

Italy thous. of dolUnited Kingdom thous. of dol—

North America, northern thous. of doL.Canada thous. of dol—

North America, southern thous. of dol._M ex i co t h o us . o f d ol —

South America thous. of doL.Argentina thous. of dol—Brazil thous. of dol. .Chile thous. of dol—

By economic classes:Exports, domestic-.- _thous. of doL_

Crude materials thous. of dolRaw cotton mil's, of dol

Foodstuffs, total. thous. of dol_.Foodstufls, crude thous. of dol__

Foodstuffs, manufactured .thous. of dol..Frtiits and preparations.. mills, of dol._Meats and fats mills, of dolWheat and flour mills, of dol

Manufactures, semi- thous. of dol—Manufactures, finished _. -thous. of dol..

Autos and parts mills, of dol_.Gasoline mills, of doL.Machinery inill^. of dol

Imports, total cf thous. of dol_.Irnports for consumption * thous. of dol—

By grand divisions and countries: #d"Africa thous. of dol—Asia and Oceania thous. of dol

Japan thous of dolEurope thous. of dol—

France thous. of dol _Germany -thous. of dol..Italy thous. of dol .United Kingdom _ . thous. of dol._

North America, northern., thous. of dol_.Canada _ thous. of dol—

North America, southern thous. of dol—Mexico thous. of dol_-

South America thous of dolArgentina thous. of dol .Brazil -thous. of dol—Chile . . thous. of doi

By economic classes: #cfCrude materials thous. of dol..Foodstufis crude thous of dolFoodstuffs, manufactured thous. of dol—Manufactures, somi- _ _ _ thous. of dol—Manufactures, finished thous. of dol—

4 27524, 38027, 28126, 76114, 6564, 762

13, 5973, 6923,216

814

159, 24237, 199

20 317, 0583,685

13, 3732.95 71 6

28, 83476, 152

18.43. 5

18 9127, 342124, 123

2,33538, 3358 599

37, 8993, 5345, 3542,6519,703

19, 36018, 6979,2852,441

16, 9082, 0106, 5831,448

39, 08617, 23911,86027, 46428, 474

4,741« 24, 705" 21, 296" 20, 923"11,726a 3, 528" 9, 702" 3, 413" 2, 325

456

«141, 57351, 509

36 815, 3833,078

12, 3054.35. 71. 1

21,359« 53, 321

7.56.0

10. 1-142, 980141, 018

2, 607« 47, 794« 14, 420« 43, 750

3,825" 7, 467

3,518" 12, 580

19, 80919, 383

"11,567" 2, 487

a 17, 4534,0376,4270 760

" 46, 4670 15,899" 22, 872a 30, 9820 26, 759

"3 59524, 68620, 76820, 301

" 10, 885"3,313" 8, 889

2,897« 2, 088

338

«129, 31541, 968

28 216, 8863,062

13, 8245.65 41.5

" 20, 463" 49, 998

8.13.4

a 11 1«154, 918"152,714

3,179" 47, 026a 14, 101« 51, 149

5,4108,7023, 473

14, 073" 17, 962

17, 66611, 1282,503

24 475" 6, 232

9.063806

« 50, 75519, 758

"15,611"35,122« 33, 673

"7 239" 28, 474" 21, 484" 21, 000" 9, 462

3,32410, 6433, 5882, 650

656

"157, 490U63,611

45 3" 18, 701

3,39815, 302

6.85 91.3

21, 261« 53, 916

8.33.9

11. 7"146, 643147, 599

" 3, 915" 43, 398

14 217« 49, 981" 5, 668" 8, 506

3, 10812, 09320, 49319, 97910, 989

1, 87317 866

« 4, 538a 6, 561

1,092

48, 33416, 84614, 366

« 33, 496" 33, 601

8 537" 39, 532"21,838« 21, 486

11,1813,499

12, 2374,1413,194

458

"ISO, 842"81,794

"54 223, 5105,042

18, 45811.06 21.2

" 24, 445"61,093

8.66.5

13.5"150, 867149, 288

2,303« 45, 604

1 4, 50351,9085,1187, 6673.838

15, 253" 20, 070

19, 6189, 8481,766

"21 1345,942

" 8, 0951, 545

" 46, 88617, 741

« 17, 088"33,181a 35, 971

5 93433, 564

« 23, 252" 22, 833

11, 6483,685

12, 2494,5592,862

491

181, 291"71,299

48 8« 24, 055" 6, 653

« 17, 4029.76 61. 6

" 24, 195" 61, 743

7. 37.2

16 0"128, 541125, 269

2,764" 39, 049

11,657"43,577" 5, 627

6,6043,1809, 254

17,89017, 123" 9, 789

2,305"15 473" 3, 420

5,885953

"37,261" 14, 853" 15, 783"27,838" 32, 805

6 7^843, 878

« 18, 898" 18, 513"11,791a 3, 456

" 12, 965« 3, 322

3,626777

'189, 808"73,071

44 3" 24, 344« 7, 46416, 880

8.36 73.9

"28,497" 63, 897

9.34.1

15.8"133, 518127, 170

2,587"39,476"10 372« 42, 292

6,891" 6, 894

2,915" 8, 252

" 22, 083" 21, 200

9,6753,295

17, 4062, 3158,2561,018

36, 233"18, 458"23,910" 27, 236" 27, 680

5 75432, 24419, 09618,81212, 3424,136

10, 8642,9422,938

545

169, 53160, 402

41 522, 693

7,29415, 399

8.46 13. 1

25, 01861,418

10.84.8

14 4135,513128, 738

2, 54244, 7149 530

37, 3034,4916,4722, 8477, 997

17, 19516, 3979,3172,824

17 7042, 3797,8261,236

35, 72618, 42320, 84026, 41527, 334

6 2Q127, 96219,87919, 60211,7883,7649,7282,5522,838

593

159, 67154, 218

37 719, 5696,894

12,6756.85 42 7

24, 45661, 428

13.24.3

14 6132, 656125,011

2,78036,2119 114

44, 7657,4366,0752, 852

11,03314, 34314, 1638,4722, 859

18 7212,7278,561

898

36, 89420 99717, 29922, 22027, 602

5 32732, 28825, 79825, 36315, 4054 382

13, 0813,9093,400

654

187, 49555, 276

34 720, 0736,139

13, 9345.55 93.2

31, 38280, 764

20.65.6

18.3157, 908153, 075

4,78548, 89311,45345, 7535,6117,4953,613

11, 35718, 20817, 92910, 7683,922

24, 6203, 3659,4362,631

44, 86226, 10822, 48229, 72829, 847

4 59628, 84026, 65026, 25415, 9894, 668

13, 4493,6193,1691,020

176, 49945, 878

24 517, 8215,348

12,4734.45 13.7

29, 36183, 440

21.55.8

19.2146, 517141, 137

3,70051, 74610, 18637, 5453,8985,7382,9129,008

16,50616,2719,7203,110

21, 9213,0767,1273,784

41,00021,91623, 67626, 11828, 418

4 85325, 92232,41531,98914, 9274,753

12,9983, 3682,989

883

157, 17137, 975

17 616,8163, 994

12, 8223.36 81.9

26, 18976, 191

20.63.8

17.0154, 647146, 866

2, 60555, 87710, 12139,4124,3205,4692,988

10,30219, 24218, 73510, 9123,000

18 8182, 9815,4962,288

42, 81218, 40627, 91326, 88930, 846

4 27624, 86228,51527, 98715,0644, 666

13,9193,5043,3431,048

167,95747, 003

28 914, 9233,023

11,9004.05 71.1

27, 92378, 108

20.04.0

18.6136,082135, 048

2, 80649, 1469,279

35, 8234,1895, 1682, 4747,881

18, 46817,85613, 0393, 466

16,8001,6835, 6351,325

42, 57817, 28321,97726, 84926, 361

TRANSPORTATION AND COMMUNICATIONS

TRANSPORTATIONExpress Operations

Operating revenue -thous. of dol..Operating income thous of dol

Electric Street RailwaysFares, average (320 cities). . cents .Passengers carried f thousandsOperating revenues thous. of dol

Steam RailroadsFreight car load ings (F.R.B.):

Index unadjusted 1 923-25 — 100Coal 1923-25 = 100Coke 1923-25 = 100..Forest product^ 1923-25 — 100Grain and products 1923-25= 100. .Livestock 1923-25 = 100 _Merchandise, l.c 1 1923-25=100Ore 1923-25 = 100..Miscellaueous 1923-25 = 100..

Index, adjusted 1923-25 = 100COP! 1923-25 — 100Coke 1923-25 = 100..Forest products . 1923-25=100Grain and products i 923-25 = 100Livestock 1923-25=100Merchandise I c l 1923-25 — 100Ore 19'>3-25 = 100Miscellaneous 1923-25 = 100—

Total cars ^ thousandsCoal thousands..Coke thousandsForest products thousandsGrain and products thousandsLivestock thousands

Ore tho'isaridsMiscellaneous thousands .1

635538309570648365616343307984654062

2 346373

188>;>

17189

613125875

6,357132

8.136620, 424

42, 913

666655389846706267657563398255703464

a 2, 498<* 451

"26"108"179"60

a (5Q3

"100"911

6, 374138

8. 136637, 27845, 055

657255376450&)9063617461355356695357

2, 503494

10911866

680137872

6, 743139

8.143650, 745

44, 225

687259356963709668CO6760335753685957

3,20562535

123156101§49184

1. 138

6,719132

8.143704, 963

47, 956

6070543364687068695h6253325751664959

2, 60650027os

119GQ

'"•(>11111-68

1932

436356

6670543364687068695h62533257516649590600279819J3Jl11>8

6,789139

8. 143688, 20146, 962

607153326660671760596552346251662461

2,36650226931248266730843

7, 090133

8.143741, 119

56695926584764855636555315947683371

2, 56557034911297574215909

6,641140

8.143750, 249

58776726655365855646861306851703469

2,17851931731187061512739

6,590142

8.143G9S, 933

61858631654665858647876306848673467

2,30957540871206162712785

7,052136

8,143790, 773

638271336340671064668771327546664167

3,059730451181486782819

1,105

7,011136

8,143833, 230

605748335748671968626850317452653860

2,33540123971066566429950

8, 143751,053

63615835614967597063695833

52653968

2,442427271011126566083967

8, 143697, 676

645856347846658771646656339054654868

3,07850234123174777891G6

1,214

natiohich consist of general imports. See expla-



1934

July

1933


berDecem-

ber

1934

January Febru-ary March April May | June

1

TRANSPORTATION AND COMMUNICATIONS— Continued

TEANSPORTATION-ContinuedSteam Railroads— Continued

Freight-car surplus, total thousandsBox thousandsCoal thousands

Equipment, mfrs. (See Trans. Equip.)Financial operations (class I railways) :

Dividends paid. (See Finance.)Operating revenues t thous. of dol__

Freight f thous. of dol__Passenger f thous. of dol .

Operating expenses t ._ -thous. of dol._Net railway operating income f-.thous. of doL.Operating results (class I roads) :

Freight carried L mile mills, of tons__Receipts per ton-mile centsPassengers carried 1 mile millions. _

Waterway TrafficCanals:

Cape Cod tbous of short tonsNew York State thous. of short tons__Panama, total thous. of long tons _

U.S. vessels thous of long tonsSt. Lawrence „ _ _ _ thous. of short tonsSault Ste. Marie trhous. of short tons..Suez thous. of metric tonsWelland. thous. of short tons

Rivers:Allegheny thous. of short tonsMississippi (Government barges)

thous. of short tons..Monongahela. thous. of short tonsOhio (Pittsburgh to Wheeling)

thous. of short tons__Ocean traffic:

Clearances, vessels in foreign trade §thous. of net tons..

Foreign § thous of net tonsUnited States§ thous. of nettons..

Shipbuilding. (See Trans. Equip.)Travel

Airplane travel:Passengers carried* numberPassenger miles flown* thous. of miles

Hotel business:Average sale per occupied room dollars..Rooms occupied percent of total

Foreign travel:Arrivals, U.S. citizens number..Departures, U.S. citizens.. _ numberEmigrants number..Immigrants number..Passoorts issued number

National parks:Visitors number..Automobiles number __

Pullman Co.:Passengers carried thousandsRevenues, total thous. of dol. _

COMMUNICATIONSTelephone (class A companies):

Operating revenues thous. of dolStation revenues . _ , thous. of delTolls, message thous of dol

Operating expenses thous of dolOperating income thous of dolStations in service, end of mo thousands

Telegraphs and cables:Operating revenues thous. of dol_.

Commercial telegraph tolls thous. of dolOperating expenses. . thons of dolOperating income thous. of doL.

348201111

P277, 500

P36, 200

206519

9777,522

1,334

282 !

p 1101,030

698

6,0233,8592,165

2.8452

12, 294

570, 295145, 887

-------

393216117

293, 708240, 17230, 964

194, 90864, 307

26, 460996

1,633

« 289473

1, 699823839

6,0502, 1791,121

291

1331,561

732

«6,0113,7992,212

61, 50421,417

2.8448

24, 45342, 1355, 2561, 830

12, 323

440, 728117,750

1, 2243, 35G

79, 42152, 34120, 16755, 473

1 15, 95414, 399

9, 2977. 0327, 4341,447

398237106

297, 018241, 242

32, 242202, 45360, 978

26, 468.999

1,717

254623

1,9141,002

9807,6912,2271,212

351

1151,339

851

«6, 3634,0592,304

65, 18122, 798

2.9849

43, 52537, 626

5, 1202,6287,540

441, 795117,261

1,3513,621

79, 35652, 29420,29555, 70016, 38314, 368

9,1717,0657,7151,041

380223106

292, 147235, 43432, 014

199, 41660, 936

26, 1301.0061,716

233517

1,797961

1, 1298,4532,1661,372

234

119812

600

«5, 786°3, 741*2, 045

56, 83021,515

2.9152

46, 52827, 137

3, 7812, 9615,913

182, 95449, 109

1,3923, 798

78, 61552, 66819, 20655, 27115, 82914, 427

8, 8386.7487,598

844

385228111

294, 342239, 60329, 835

204, 69457, 265

26, 412.990

1,584

299593

2,1261,0821,0417,1542,3941,353

219

97429

415

5,3493,3921,957

50, 41319, 356

2.9357

25, 67523, 2853,8563, 0044, 790

75, 14019, 933

1, 2563,526

80, 39554, 25019, 21956, 20916, 57114, 444

8,6636, 5627,627

625

441253136

257, 676209,91224, 972

191,82437, 566

23, 936. 965

1,223

281664

1,950964775

3, 0142, 4771,070

222

971, 075

659

«5,211«3, 274«1, 937

35, 66713, 492

2.9753

13, 17914, 5973,2322,2514,601

44, 46410, 205

1, 0542,749

79, 24253, 83018, 42156, 76715,01714, 448

8. 2496.1477,557

284

463264141

245, 330191, 66729, 312

187, 08137, 764

22, 001.961

1,491

2350

2,192922

6172

2,405131

201

1061, 387

705

4, 5092,8411,668

26,71110,411

2.8651

11, 97910, 7073,1872,3243,922

36, 1207,761

1,3333,552

80, 66254, 22019, 81858, 77715, 60914, 449

9,0766,9708,101

561

434248129

258, 006208, 78027, 200

195, 84930, 931

23, 762.969

1,346

2620

2,087846

00

2,4550

158

651,277

824

4, 3542, 8881,466

28, 17010, 783

2.8558

11,84813, 9362,9071,8435, 409

43, 5108,346

1,3063,722

81, 56355,01219, 65756. 80316,71414, 483

8, 7606,6697,750

605

37522594

248, 439201, 66125, 377

188, 59129, 281

23, 198.963

1,234

1120

2,124979

00

2,0350

31

70531

78

4,2012,7251, 475

27, 62410, 476

2.9557

15, 33418, 4332,0771,7144,190

57, 5269,344

1, 1323,385

78, 53353, 22018, 34154, 78015, 79914, 523

8, 2766, 2727, 360

513

35721093

293, 178240, 991

27, 440209, 25152, 038

27, 793i 966

1, 343

2170

2,4651. 119

00

2,4350

133

821,427

788

4,7173,1231, 594

22, 6068.717

2.8354

20, 79514, 8992, 3042, 3246, 541

81, 70712, 453

! 1, 2273, 740

82, 61555, 01520, 50757, 76316, 62114, 581

9,5577, 3967,9251, 222

368211106

265, 391214, 26627, 045

200, 18732, 265

23, 4721.0151,377

250140

2,2911, 038

5413

2,534254

174

901,404

897

4,8603,0981,762

31, 41512, 374

2.8857

22, 24922, 3492,7302,432

10, 946

81, 93915, 291

1, 2123,488

81,78554, 86219, 83356, 41417,41614, 635

8, 9106,8877, 768

734I

35521393

282, 024228, 587

26, 675210,01139, 495

25, 2601.0071,340

274550

2, 3031,008

9795,7452,3921,287

248

1061,592

888

5,7393,4922,247

35, 89914, 409

2.7458

19, 47918, 0032,3433,126

19, 760

132, 03031, 626

1,1223,334

83, 34955, 42820, 79958, 56416, 22014, 685

9,5237,3978,168

943

34320493

282, 779225, 70931, 555

208,31341, 836

25,212

243557

1,769835901

7,9012,1511,238

280

1011, 683

918

5,9963,8182,177

2.8654

18,21318, 9843, 0332,975

24, 279

287, 72178, 928

1, 303

CHEMICALS AND ALLIED PRODUCTS

CHEMICALSAlcohol:

Denatured:Consumption (disposed of)

thous of wine galProduction thous. of wine gal. _Stocks, end of mouth.. _thous. of wine gal..

Ethyl:Production thous of proof galStocks, warehoused, end of month

thous of proof galWithdrawn for denaturing

thous of proof galMethanol, wood distilled:

Crude:Production* f gallons..Stocks, total* t gallons

.........

5, 1705, 0992, 4S3

11, 684

22, 230

8,654

219, 899316, 324

5, 5055, 5742,544

12, 482

24, 595

9,486

265, 596319. 158

7,9237, 4522, 063

13, 968

25, 423

12, 478

243, 183337, 174

13, 50212, 7711,316

16, 509

18, 948

21, 775

312,085406, 939

10, 78112. 0722, 602

15, 979

13, 025

20, 624

327, 337502, 803

7,1725,6911,114

15, 396

15, 606

8, 776

300, 303485, 853

5,1255,2641,245

13, 756

17, 184

8,325

5, 3985, 4561,298

13,810

20, 642

9,032

6, 1035,8701, 059

12, 313

21,590

9,668ii

5,2285,2591,076

12, 731

24, 375

8, 666

5,6806, 1921,580

13, 478

25, 893

10, 148

a Revised.» Preliminary.* New series. Covers scheduled airlines operating in United States. See p. 20 of the February 1934 issue for earlier data and p. 20 of the April 1933 issue for methanol.t Revised series. For earlier data see p. 20 of the April 1934 issue for operating revenues, operating expenses, and net railway operating income of cla,ss I railways; and

p, 36 of the May 1934 issue for methanol.§ Data for 1933 revised. Total, Jan. 4,227, Apr. 4,401, May 5,208, June 5,645; foreign vessels, Apr. 2,848, May 3,321, June 3,624; United States vessels, Mar. 1,666

Apr. 1,553, 1,887, June, 2,021.



1934

July

1933


berDecem-

ber

1934


CHEMICALS AND ALLIED PRODUCTS—Continued

CHEMICALS— ContinuedMethanol, wood distilled—Continued.

Refined:Êxports _ _ _ -gallons _ _Price, wholesale, N.Y dol. per gal..Prodnction* gallons. .Shipments* _ gallons.-Stocks, end of month* gallons. _

Methanol, synthetic:Production gpllop*3

Shipments gallonsStocks, end of month gallons- -

Explosives:Orders new* thous. of lb .

Sulphur and sulphuric acid:Sulphur, production (quarterly) *Jong tons--Sulphuric acid (104 plants):

Consumed in prod, of fertilizer.short tons..Price, wholesale 66°, at works

dol. per short ton--Production short tonsPurchases:

From fert'lizer infrs short tons..From others.- short tons..

Shipments:To fertilizer mfrs .. short tons. -To others short tons..

FERTILIZERConsumption. Southern States t

thous. of short tons—Exports, total t long tons .

Nitrogenous! , long tons__Phosphate materials long tonsPrepared fertilizers long tons_.

Imports total t# long tonsNitrogenous! - long tons

Nitrate of sodaj long tons. _Phosphates long tonsPotash _ - . _ long tons..

Price, nitrate of soda, 95 percent, N.Y.dol. per cwt_.

Superphosphate, bulk:Production __ __ short tons _Shipments to consumers short tons.-Stocks, end of month short tons..

NAVAL STORESPine oil:

Production gallons. .Rosin, gum:

Price, wholesale "B", N.Y dol. per bbl._Receipts, net, 3 ports bbl. (500 lb.)--Stocks, 3 ports, end of month.bbl. (5001b.)._

Rosin, wood:Production bbl. (5Q01b.)._Stocks, end of month bbl. (500 lb.)..

Turpentine, gum:Price, wholesale, N.Y do], per galReceipts, net, 3 ports bbl. (50 gal.)..Stocks, 3 ports, end of month bbl. (50 gal.)

Turpentine, wood:Production bbl. (50 gal.) —Stocks, end of month bbl. (50 gal.)-.

OILS, FATS, AND ANIMALBYPRODUCTS

Animal fats and byproducts (quarterly):Animal fats:

Consumption, factory ...thous. of lb._Production thous. of lb._Stocks, end of quarter thous. of lb

Gelatin, edible:Production thous. of lb__Stocks, end of quarter... thous. of lb._

Greases:Consumption, factory thous. of lb._Production thous. of lb_.Stocks, end of quarter thous. of lb _

Lard compounds and substitutes:Production thous. of lb_.Stocks. end of quarter thous. oflb

Fish oils (quarterly) :Consumption, factory. thous. of lb_.Production thous. of Jb_.Stocks, end of quarter thous. of lb_.

Vegetable oils and products:Vegetable oils, total:

Consumption, factory (quarterly)thous. of lb

Exports thous. of l b _ _Imports!* thous. of lb._Production (quarterly) thous. of lb_.Stocks, end of quarter:

Crude thous. of l b _ _Refined _ thous. of lb..

28, 348.38

23, 384

15.50

2683 382

4,57775 600

27369 28543, 57610, 9761,495

19, 265

1.350

261,410

5.31

37, 037105, 286

48

5,54719, 016

1,03468, 665

93, 833.37

153, 199108, 628360, 251

561 918732* 735

1 273,512

23, 834

71,951

15.5098 587

23, 82916, 147

13,25138, 885

1881,145«6, 582

"70 790°251

81 20738, 4905,3082,949

38, 053

1.315

164, 66617,515

565, 370

271, 014

5.16123, 977234, 578

41, 03381, 785

5135, 26570, 451

6,5165,673

1,74465, 624

42, 458.37

181, 62597, 697

444, 179

860 314955 301

1,178,525

25, 106

117, 728

15.50131 016

29. 10221,804

16,51141, 970

3890 4338. 628

79 428352

«102 268"34, 369

3,9434 603

°57. 049

1.295

262, 70515, 403

691,913

283, 152

4.96113, 107227, 943

42, 96157, 010

4833,23774 920

6,7795,496

444« 79, 726

36 52337

106, 49491, 462

459, 211

1 460 58°1 425 0091 214 105

25 ^07

322,011

92, 962

15. 50133 056

17, 76523, 604

31,21538, 327

86«123 287

19.834a97 479

375107 07656 6^25 2489 643

39 006

1. 295

240 24394 436

735, 567

258, 081

5.0891, 251

218 280

43, 21360, 305

4726,91179 563

6,6428,004

176 561579, 049373 655

1,3288 009

50, 66588, 52979, 633

247, 89823 648

44, 53639, 797

151,814

617 782504

« 93, 139547, 514

564, 074655, 532

55, 553.37

163 619175, 60S447, 222

1 643 04^1 739 4^8l' 124*687

25 OS4

160, 688

15.50158 406

27 12631 693

23 27636, 270

ICO116 584

9, 059102 986

763123 39070 7292Q 652

5 67744' 548

1.295

320 30774 0Q0

861, 546

274, 095

4.8590, 474

211 422

44, 82165, 957

4424, 47979 616

6,92911, 526

- -

2,23286, 451

96, 293.37

144 846193 398309, 762

1 0^9 949i 233 1QS990 738

23 256

154, 205

15.50155 407

34 58933 680

23 Q9433, 728

65117 95411,813

102 115281

°11° 527a 50 106

13' 7627 351

48 685

1.295

3^4 45720* 042

1,011,529

269, 719

4.8481, 896

209 218

43, 19771, 058

4718, 53580 383

6,88014, 078

5, 22390, 331

145 657.37

187 555166, 638330, 679

959 igs833 978

1 1 18 945

23 318

313, 283

150, 097

15.50lr>5 695

36 18123 763

26 50733, 008

190agi 35916, 82459 887

131a 124 503

aQQ 554

23 5081 829

51 600

1.295

329 78318 329

1,089,179

243, 196

4.6581, 627

210 771

40, 43373, 151

4717, 35281 269

6,91616, 433

150 0705*4 471362 129

3,6028 594

50. 74485, 80197, 313

238, 33627 301

36 09243 936

157, 423

789 3112,578

55, 176812, 514

757, 523801. 835

106 358.38

28 504

161, 500

15.50143 811

32 31229 470

26 66427, 163

35860 39010, 22748 304

11140 32795' 50933 6903 521

37' 242

1.350

328 34540 552

1,130,174

305, 445

4.6639, 219

171 263

46, 85083,007

524,985

68 786

7,97018, 020

4,26991, 959

101 484.38

°5 584

149, 236

15.50130 615

20 15127 300

21 24222, 793

499109 93814, 24091 63°

52121 84570 73917 3432 309

47* 293

1.350

295 33459, 466

1,124,243

306, 375

5.3832, 640

152 569

46, 01686, 492

622,639

54 138

7,89217,859

2,52466, 010

135, 279.38

27 725

291, 366

133, 983

15. 50132 549

16 94527, 768

23 73334, 167

1,234118 69237, 43875 950

'289206 781147 72274 5842 267

55 344

1.350

285 762161,372976, 775

293, 589

5.4459, 443

142, 574

43, 75389, 963

598,721

46 010

7,27919, 253

177, 809692, 340417 599

4,8869 561

64,94088, 15484, 600

240, 73926 599

38 16633, 158

158, 396

829 2292, 138

51, 535640, 075

716 692870. 068

57, 259.38

26, 958

107, 842

15.50HQ 619

12, 15822, 721

21, 92630, 240

76498 29418, 04374 287

208178 430133 70680 466

4 15835* 845

1.350

232 936209 026806, 914

305, 273

5.5669, 496

156 447

45, 45490, 329

5917,31546 465

7,72920,289

1,77370, 163

38, 556.38

24 231

83, 969

15. 50107 568

a5, 73518, 793

14,31225, 894

157113 752

2,646106 354

426103 72371 05739, 3215 847

17, 310

1,350

168 50985, 508

820, 086

293, 807

5.4997, 905

161, 001

43, 24398, 080

5624, 65842 570

7,05020, 689

......

92356, 668

52, 612.38

24,812

289, 089

80, 214

15.5092 894

3,44126, 577

10, 24225, 783

51105 285

5, 06496 262

16466 70744 16410 5641 910

13, 355

1,350

153, 23621, 463

839, 680

266, 020

5.46102, 417171, 805

38, 55498,558

5127, 61447 692

6,39319, 515

190, 774545, 950444 620

3,5858,908

64, 72290, 17575, 652

218, 11425 133

43, 1049,136

161,411

652 5441, 094

59, 694361, 986

530 959797, 171

a Revised.* New series. For earlier data see p. 20 of the April 1933 issue (inethanol) and p. 19 of January 1934 issue (explosives).

table oils; for 1933 revisions for months not shown on exports see p. 20 of this issue.• Texas only. Louisiana produced 23 percent of U.S. production in 1933.

!zer and imports of vege-



1934 1934

July Julyy August Septem-ber October Novem-

berDtr- h™ Febru-

ary March April May June


OILS, FATS, AND ANIMALBYPRODUCTS— Continued

Vegetable oils and products— Continued.Copra and coconut oils:

Copra:Consumption factory (qunr ) short tonsImports # short tons. _Stocks, end of quarter __ short tons__

Coconut or copra oil:Consumption, factory:

Crude (quarterly) thous. of IbRefined total (quarterly) thous of Ib

In oleomargarine thous. of lb._Imnorts # thous. of lb._Production (quarterly):

Crude thous. of lb__Refined _ thous. of lb._

Stocks, end of quarter:Crude - -thous. of Ib—Refined thous. of lb._

Cottonseed and products: tCottonseed: f

Consumption (crush) short tons__Receipts at mills _ - -.short tons__Stocks at mills, end of month.short tons..

Cottonseed cake and meal: fExDorts t -- short tons..Production short tons..Stocks at mills, end of month.short tons..

Cottonseed oil, crude: tProduction thous. of lb._Stocks, end of month thous. of l b _ _

Cottonseed oil, refined:Consumption, factory (quarterly)

thous. of l b _ _In oleomargarine thous. of lb._Price, summer yellow, prime, N.Y.

dol. per l b _ _Production f thous. of lb._Stocks, end of month f thous. of lb__

Flaxseed and products:Flaxseed:

Imports, United States #... thous. of bu_.Minneapolis and Duluth:

Receipts thous. of bu._Shipments thous. of bu._Stocks, end of month thous. of bu_.

Oil mills:Consumption, quarterly thous. of bu__Stocks end cf quarter thous. of b u _ _

Price, no. 1, Minn dol. per bu_.Production crop estimate thous. of b u _ _Stocks, Argentina, end of month

thous. of bu_-Linseed cake and meal:

Exports thous. of lb._Snipinents from Minneapolis

thous. of Ib _Linseed oil:

Consumption, factory (quarterly)thous. of lb_-

Price, wholesale, N.Y dol. perlb..Production (quarterly) thous. of lb._Shipnients from Minneap thous. of lb.Stocks at factory, end of quarter

thous. of lb.Lard compound:

Price, tierces, Chicago* dol. per lb._Oleomargarine:

Consumption (tax-paid withdrawals)thous. of Ib..

Price, standard, uncolored, Chicagodol. per Ib..

Production _ ...thous. of lb._PAINTS

Paints, varnish, and lacquer products :§Total sales (588 estab.).__ thous. of dol. _

Classified (315 estab.) thous. of dol—Industrial -thous. of dol..Trade thous. of dol—

Unclassified (273 estab.) thous. of doL-Plastic, cold-water paints, and calcimines:

Sales:Calcimines dollarsPlastic paints - - dollars. .Cold-water paints dollars. .

CELLULOSE PLASTIC PRODUCTSNitro-cellulose:*

Sheets, rods, and tubes:Production thous. of IbShipments . thous. of lb..

C ellulose-acet ate : *Sheets, rods, and tubes:

Production thous. of IbShipments thous. of Ib—

37, 352

6,31535, 742

96, 16740, 330

224, 639

9144, 129

128, 379

32, 79535, 549

4,150

.05942, 204

655, 584

821

1.90/ 5, 252

3, 150

33, 441

.098

.078

15, 847

.08016, 363

211,78221,33063, 442

715748

317264

46, 58 1

10, 75013, 026

"157, 624« 60, 939"220, 938

9610 71, 629"160, 8740 49, 630-51,269

1,274

.064a 58, 050

"676, 332

1,391

244254875

2.05

4, 724

38, 3S2

8,651

.108

5,861

.083

18, 929

.09518, 406

22, 09015, 0336,4068,6277,057

161,415109, 26661, 443

1,2281,119

192222

31, 783

12, 65922, 727

233, 223232, 646220, 306

2,231106, 632178, 853

70, 87858, 826

1,332

.05258, 090

640, 607

a 1,805

1, 123158

1,117

1.88

2,939

53, 686

6, 199

.105

4,864

.079

19, 227

.09520, 859

20, 62114, 1636,3237,8406,457

143, 483104, 37663, 572

1,5851,551

230232

76, 80524, 98344, 537

161, 82981 49813, 251

a 33, 887

96, 52679, 931

132, 53016, 400

522, 590891, 359589, 130

8, 936232, 851258, 257

159, 454119,580

263, 3711,489

.04777 593

622. 799

1,981

1,568171

1, 834

6,0742, 8591.88

2, 362

52, 431

6, 508

70, 824.104

113,4135,351

99, 632

.068

23, 446

.09521, 553

19, 09813, 0075,5457,4626,091

174, 79379, 68156, 844

1,5981,450

214230

32, 530

14, 68738, 203

646, 5321,130,4741,073,072

16, 494289, 617313, 114

201, 648145, 196

1,777

.042156, 657676, 537

2,515

524645

1,452

1.80

1,772

56, 544

8,938

.097

2, 436

.069

22, 417

.09423, 664

18, 94412, 3264,9507,3766,618

154, 52162, 42966, 913

1,3871,277

207218

36, 312

14, 30740, 668

576 957846, 525

1,324,640

10, 119258, 955315, 070

179, 866159, 877

1,938

.045151 963723, 138

1,898

288629984

1.77

1,575

61, 009

7,405

.096

1 400

.074

23, 597

.07823, 943

16, 23111, 2234,6566,5665,012

119, 73384, 65563, 942

9091,026

258279

77 94430, 18259, 831

133 93483 00413, 02815, 971

98, 57973, 395

182, 82215, 562

446 204404, 006

1,300,442

14, 130207 711312,096

137, 987168, 850

252 8271,785

.043122 4^6769, 235

484

14891

1,039

6 7602 7131.77

« 6 806

2,362

56, 069

8 228

55 778.095

133 906997

157, 724

.066

23, 809

.07021, 386

16, 15610, 5764,4186,1585,580

137, 96479, 79269, 745

7981,221

325352

23, 786

10, 55846, 296

471, 078191, 428

1,020,792

14,625211, 110289, 538

145, 587188, 908

1,536

.047110 950780, 992

1,031

25081

964

1.90

4,331

43, 239

10, 760

. 093

1,679

.068

16, 861

.07017, 870

20, 64413, 4866,0157,4717,158

134, 41861, 44654, 049

948930

358377

18, 079

12, 74535,816

440 480162, 454742, 249

5,305199, 972279, 103

136, 564173, 761

1,889

.051132, 791811,464

1, 524

11836

Q83

1.89

6,299

37, 766

10, 025

.093

2,337

.073

21, 350

.07021, 572

17, 71511,8955,6396,2565,820

118,81149, 43750, 452

1,1521,046

436418

74 69721, 69849, 190

178 3S978 ?9013, 59922 079

95 0^276, 143

192, 80314,792

346, 330107, 802503, 721

380163, 828264, 299

112,547146, 569

248, 4122,158

.051126 978838, 547

1,690

15558

981

5, 1562,051

1.82

7,283

33, 080

63,712. 093

97, 452

160, 791

.074

22, 083

.08023, 616

23, 19315, 6107,1058,5057,583

140, 74345, 13669, 406

1, 4351,252

405351

12, 037

10, 55930 533

170 58840 744

373, 877

20380 814

252, 014

58, 201109, 290

2 073

.05295 850

844, 033

1,144

139208793

1.82

6,693

38, 136

.093

.073

16, 146

.07318, 023

27, 76918, 4367,590

10, 8469,333

271 92944 70670 783

1 3841,085

510558

24,519

9,39624, 614

110,31255, 365

318, 930

7850, 880

219, 748

38, 67676, 077

3,369

.05063 892

805, 216

1,637

322169696

1.91

5, 118

31,739

.097

.073

20, 063

.07018, 266

33, 67922, 1728,092

14, 08011, 507

"322, 5830 39,825a 93, 204

9731,069

512556

65 43920 59935 386

177 23672 0484,542

29 047

84 29197 301

174 15439 888

QO 59752 143

280, 476

36641 800

176, 178

27, 58645, 045

257 5973 718

. 05355 826

740, 721

806998113646

5 0161 4211.91

4,724

34, 328

78 189.099

98 026

128,413

.074

13, 870

.07813, 986

28, 79418, 9447,630

11,3149,851

r77 5i725 73277, 454

778946

302300

° Revised.* For earlier data on lard compound price see p. 18 of the January 1933 issue. Data not available for cellulose products prior to January 1933.t Revised series. For year ended July 1932 see p. 20 of the February 1933 issue, cottonseed, and for the year of 1932 see p. 37 of the June 1933 iss

fcake and meal. Data revised for 1933 for months not shown above, see p. 19 of this issue.§ Since March 1932, detailed figures are not strictly comparable owing to changes in firms reporting.• Dec. 1 estimate.# See footnote on p. 35 of this issue. Data revised for 1933 revisions for months not shown above will appear in a subsequent issue./ August 1 estimate.

issue, exports of cottonseed



1934 |

July July August Septem-ber

1933

October N°bve8rm- Decem-

ber January F*r March

1934

April May June


ROOFINGDry roofing felt:

Production _ _ _ _ short tons _Stocks, end of month short tons..

Prepared roofing, shipments:Total thous. squares ,

Grit roll thous squaresShingles (all types).. _ thous. squares..Smooth roll thous. squares..

20, 3133,908

2,700662617

1,421

17, 4577,110

1,774487465822

12, 4345, 989

2, 078491437

1, 147

14, 3224,341

2,582555480

1,547

10, 8194,499

1,561329342890

7,3525,003

830168157505

8,8688,037

1,046215144688

7,7226,647

1, 006223178605

13,8176,350

2,161420412

1,329

19,8165,072

2,873536727

1, 610

10,9454. 077

2,334587656

1,091

17, 0216, 324

1, 265326383551

ELECTRIC POWER AND GAS

ELECTRIC POWER

^nsumption, industrial, for power purposes.(See Business Indexes.)

'uel consumed in production of electricalenergy. (See Fuels.)

'reduction, totalf mills, of kw.-hr..By source:

Fuelsf mills, of kw.-hr_.Water powert .. _ mills, of kw.-hr

By type of producer:Central stationsf mills of kw.-hrStreet railways, manufacturing plants, etc.

mills, of kw.-hrales of electrical energy:Sales to ultimate consumers, total (Edison

Elec. Inst.) _ _ __ mills, of kw.-hrDomestic service mills, of kw.-hr..Commercial — retail . mills, of kw.-hrCommercial— wholesale ..mills, of kw.-hr._Municipal and street lighting

mills, of kw.-hr.Railroads:

Electrified steam mills, of kw.-hrStreet and interurban. .mills, of kw.-hr_.

Gross revenue from sales of energy (ElectricalWorld) thous of dol

Revenues from ultimate consumers (EdisonElec. Inst.) thous. of dol. .

GASManufactured gas:*fCustomers, total _ ._ thousands

Domestic thousandsHouse heating thousands..Industrial and commercial thousands. _

Sales to consumers millions of cu. f t ._Domestic millions of cu. ftHouse heating.. millions of cu. it--Industrial and commercial

millions of cu ftRevenue from sales to consumers

^hous. of dol .Domestic thous. of doL.House heating.. .. .thous. of dol .Industrial and commercial. .thous. of dol_.

•Jatural gas:*fCustomers, total thousands..

Domestic— _ thousands .Industrial and commercial thousands

Sales to consumers millions of cu. ftDomestic millions of cu. ftIndustrial and commercial

millions of cu. ftRevenues, from sales to consumers

thous. of doL.Domestic thous. of dol._Industrial and commercial _ . thous. of dol.

7,491

4,6602,831

7,036

455

5,760867

1,0133,310

150

56302

154 860

143, 212

9,8099 321

44437

24, 81018, 449

206

6 023

28, 42923, 117

1855,027

5,2474,977

26852, 69611, 228

40, 920

17, 3139,8617,359

7,688

4,7662,922

7,215

473

5,872864

1,0143,401

166

56309

154, 930

143, 442

9,8199,329

44438

24, 40718, 030

176

6 067

27, 76422, 487

1625,016

5,2745, 008

26552, 37410 296

41, 432

16, 9359,3377,495

7, 350

4, 4402,909

6,911

439

5, 830940

1,0413,254

176

55304

160 080

146, 688

9, 8669 372

48436

26, 20019, 882

244

5, 930

30, 04824, 688

2175, 028

5, 3315, 063

26756, 39911,869

43, 688

18, 21610, 2887,804

7,479

4,8542,625

7,026

453

5,7801,0031,0683,068

191

58332

183, 940

150, 390

9,9029,387

68438

28, 21421,017

836

6 179

31, 70525, 716

6215,241

5, 3875,109

27661, 67915 135

45, SS2

20, 87412, 2968,467

7,243

4,7252,518

6,788

455

5,7161,0811,1022,862

197

59353

165 890

153, 980

9,8809, 355

78437

29, 38220, 2542,484

6,443

31,96124, 709

1,6445,476

5,4635, 164

29874, 39323 838

49, 753

25, 91116, 4349, 335

7,470

4,7362,734

6,990

480

5,6911,1471,1382,662

212

63387

169, 540

156, 127

9,8569,328

81438

31, 05420, 5773,659

6,636

32, 93824, 8772,3465,577

5,4455,145

29980, 30031,406

47, 761

29, 86520, 2719,398

7,631

4,6622, 970

7,147

4S4

5,9111,2441,1622,748

222

62396

162, 070

9,8599,320

89441

33, 14321,4174,562

6 945

34, 52725, 7272,8955,757

5,4835,175

30693, 22239 238

53, 080

35, 40624, 85010, 388

7,049

4, 7512,298

6,571

478

5, 7661, 1231,0852,831

202

62388

154, 832

9, 8769,335

91441

33, 42520, 9054,833

7,481

34,24225, 1283, 0195, 950

5, 5005, 191

30794, 34938, 402

54, 836

34,81523, 81410, 812

7,717

4, 6423, 075

7, 263

454

5,7961,0561,0462,971

191

66413

149, 780

9, 8619,318

88445

33, 84121,2014, 592

7,848

34, 48125, 3942,8516, 094

5,5045, 193

30992, 17737, 879

52, 898

34, 08523, 38210, 498

« 7, 443

3,9553,488

a 6, 981

462

5,8421,0261, 0593,119

176

59356

149, 852

9,9119,364

93443

31, 88620, 4843,348

7,872

32, 86924, 6842,1525,900

5, 4925, 189

30183, 07329, 756

52, 340

29, 41819, 2549,996

« 7, 681

o 4, 403"3,218

o 7, 193

488

5,917967

1 , 0353, 293

168

57349

147,915

9,9719 4?5

95440

30. 14920, 871

1, 660

7 460

32,31325, 224

1,2985,669

5, 4785, 184

29272,12721, 143

50 143

24, 17014, 7999, 236

7,453

4,7452,708

7,021

432

5, 882973

1,0493,273

144

55338

147, 337

10, 0049 461

91441

28, 65720, 441

670

7,404

31,35125, 162

5405,549

5,4845,199

28366, 50915, 106

50, 523

21,02011,8519,035

FOODSTUFFS AND TOBACCO

BEVERAGESFermented malt liquors:*

Consumption (tax-paid withdrawals) !thous. of bbl 2,816 I 2,953 2,669 2,039 1,678 2,165 2,008 1,865 2,625 2,885 3,796 *>3,702

Production ....thous. of bbl 3,519 3,488 2,875 2,292 1,918 2,119 2,494 2,422 3,263 3,703 4,455 J>3,903Stocks, end of month thous. of bbl 3,839 4,240 4,341 4,460 4,585 4,403 4,762 5,218 5,675 6,325 6,718

Distilled spirits:*Consumption (tax-paid withdrawals)

thous. of proof gal 461 517 471 517 1,269 4,337 3,418 2,281 2,780 2,405 2,381Whisky thous. of proof gal 243 230 256 159 965 3,753 2,828 1,893 2,376 2,124 2,097

Production, total thous. of proof gal 2,311 2,311 2,311 2,311 2,311 5,769 7,345 7,970 10,281 9,635 9,331Whisky thous. of proof gal 2,074 2,074 2,074 2,074 2,074 4,794 6,567 7,211 9,009 8,828 8,695

Stocks, end of month thous. of proof gal 21,258 21,714 23,168 25,464 27,582 | 28,695 32,280 37,992 45,766 51,404 58,137Whisky thous. of proof gal 18,825 19,122 20,472 22,695 24,917 | 25,850 29,269 34,496 41,326 46,386 52,859

DAIRY PRODUCTSButter:

Consumption, apparent*. .thous. of lb_. 133,067 «131t 680 | 142,668 139,403 143,939 134,709 I 138,550 147,530 145,476 144,107 136,671 159,369 138,657Price, N.Y., wholesale (92 score).dol. per lb._ .24 .25 | .21 .24 .24 .24 .20 .20 .25 .25 .24 .24 .25Production (factory)f thous. of lb ._ 171,682 a!76,222 166,884 138,801 129,689 112,413 111,763 112,430 106,448 122,746 133,218 174,692 181,759Receipts, 5 markets thous. of l b _ _ 61,251 64,057 63,877 54,844 50,801 47,955 49,226 45,882 40,888 50,520 47,206 61,499 63,812Stocks, cold storage, creamery, end of month

thous. of Ib.-l 108. 742 150,934 ! 175, 476 1 174, 713 1 160,463 138,1661111,249 75,995, 36,853 15,351 11,838) 27,161 a 70,148a Revised. p Preliminary.* New series. For earlier data see p. 19 of the May 1933 issue, manufactured gas, and p. 19 of the June 1933 issue, butter consumption. Monthly data on distilled

spirits available beginning July 1933 and on fermented malt liquors, April 1933.f For revised data for electric-power production for 1932, see pp. 38 and 56 of the May 1933 issue; for 1933 see p. 38 of the May 1934 issue; for manufactured gas for 1932

and 1933 and natural gas for 1931, 1932, and 1933, see p. 20 of the May 1934 issue; for butter production for 1931 see p. 20 of the January 1933 issue.



1934

July July

1933

August Septem- October Novem-ber

Decem-ber January

1934

Febru-ary March April May June

FOODSTUFFS AND TOBACCO—Continued

DAIRY PRODUCTS— ContinuedCheese:

Consumption, apparent! thous. of lb—Imports^ thous. of lb—Price, No. 1 Amer. N.Y dol. per lb—Production (factory) t thous. of lb—

American whole inilkf- thous. of lb .Receipts, 5 markets _ thous. of lb—Stocks, cold storage, end of monthf

thous. of lb—American whole inilkf thous. of lb—

Milk:Condensed and evaporated:

Production:!Condensed (sweetened) thous. of lb—Evaporated (unsweet'ed)§— thous. of lb—

Exports:Condensed (sweetened) thous. of lb—Evaporated (unsweetened). thous. of lb—

Prices, wholesale, N.Y.:Condensed (sweetened) --.dol. per case--Evaporated (unsweet'ed)-.dol. per case--

Stocks, manufacturers, end of month:Condensed (sweetened):

Bulk goods thous. of lb—Case goods - -thous. of lb—

Evaporated (unsweetened):Case goods thous, of lb—

Fluid milfcfConsumption in oleomargarine

thous. of lb--Production, Minn, and St. Paul

thous. of lb—Receipts:

Boston, incl. cream thous. of qt—Greater New York *. - ——-thous. of qt--

Powdered milk:Exports thous. of lb—Orders net new thous. of ib-Stocks,' mfrs. end of nio thous. of lb—

FRUITS AND VEGETABLESApples:

Production, crop estimate tnous. of bu—Shipments, car lotf carloads.-Stocks, cold storage, end of month

thous • of bbl__Citrus fruit, car-lot shipments! carloads—Onions, car-lot shipments! carloads—Potatoes:

Price white N Y doi per 100 lbProduction, crop estimate thous. of bu . _Shipment"* car lott carloads

GRAINSExports, principal grains, including flour and

meal! - thous. of bu—Barley:

Exports, including malt! thous. of bu._Price, no. 2, Minn dol. per bu—

Receipts, principal markets*— -thous. of bu_.Visible supply, end of month. -thous. of bii__

Corn:Exports, including meal! thous. of bu--Grindings thous. of bu--Prices, wholesale:

No. 3, yellow (Kansas City)— dol. per bii-_No. 3, white (Chicago) dol. per bii-_

Production, crop estimate tnous. of bu__Receipts, principal markets thous. of bu_-Shipments, principal markets --thous. of bu..Visible supply, end of month. -thous. of bu—

Oats:Exports, including oatmeal!--- thous. of bu._Price, no. 3, white (Chicago) dol. per bu-_Production, crop estimate thous. of bu_.Receipts, principal markets thous. of bu..Visible supply, end of month. -thous. of bu..

Exports! pockets 100 Ib—Imports* pockets 100 lb-Price, wholesale, head, clean, New Orleans

dol. per lb--Production, crop estimate thous. of bu—Receipts, southern paddy, at mills

thous. of bbl. (162 Ib.)-Shipments to mills, total

thous. of pockets (100 lb.)~New Orleans— thous. of pockets (lOOlb.)..

Stocks, domestic, end of monththous. of pockets (100 lb.)..

46, 9323,213

.1362, 68249, 10616, 487

115,81097, 002

16, 997190, 089

iI

a 49, 0683, 440' . 15

« 61, 373a 4g) 157

16^ 923

94, 29182, 771

14, 805179, 668

1,261 I 3303,278| 3,305

4. 85 J 4. 732. 70 2. 63

9, 23817, 156

203, 885

3, 900

31,899

20913, 00842, 717

/ 1 nfi 90*^; I00,ouo1,145

8,1281,303

1.20/ 327,251

18, 748

759

165

•^119 0813/5096,946

5185, 721

0).66

f \ 607 10826, 56813, 61044, 830

76.45

/ 545,3453,388

21, 445

75, 29658, 464

.039/ 35 QQg

153

48371

1,267

11,43716, 932

131,980

4, 426

29, 395

19, 235110, 659

205

is] 303

1, 535

7,8691,156

2.371

12,017

« 2, 969

836.64

6,28011, 633

5816,511

.52

.57

46, 22323, 59463, 456

155.39

16, 54234, 598

163, 34820, 345

.029

: 112

55450

937

39, 2123, 100' .14

49, 92739, 65112,' 656

108, 03594, 394

15, 704149, 757

3422. 394

4.732.70

11, 18616, 428

177, 536

5, 044

25, 984

19, 382111,747

192H 77Q, / to13,140

1,597

6,4151,871

2.305

10, 795

« 2, 831

437.58

5,71914, 069

4386,005

.50

.53

13, 54314, 65957. 747

«232.36

_ _ _ -19, 97844, 746

73, 07730, 368

.031

171

43187

671

41, 3052 730'.13

43, 29133, 89712, 170

113, 13199, 326

18, 201128, 079

3122,885

4.732.70

10, 36414, 683

208, 493

5,220

22, 812

18, 243107, 756

184n 071

l!>! 294

6,530

1,7496, 9043,407

2.080

17, 478

• 2, 605

411.69

6,68714, 830

4824,645

.44

.48

21, 33310, 67559, 670

-178.35

8,81549, 367

26, 98723, 034

.034

1,067

60592

1,157

44, 7703 830'.13

36, 49428, 00612, 709

109, 65595, 831

39, 9784, 988'.13

24, 41018, 02710, 771

99, 00985, 146

19, 232 13, 766109,754 I 73,039

3221,927

4.732.70

10, 52313, 198

234, 665

5, 344

25, 074

18,617111, 298

215in -i CMiu, io^t20, 332

16, 509

7,5158,2923,328

2.017

21,902

« 2, 169

283.67

4,31515, 692

5, 761

.38

.42

26, 61017,88761, 462

105.32

5,05448, 642

78, 29615, 169

.036

2.094

a 251a 1, 843

4.732.70

9,81310, 783

225, 040

5,765

26, 300

17, 604104, 901

1969 51^

22^716

9, 170

8,37610, 8222,018

1.965

13, 685

4,609

1,314.63

2,97415, 665

1,2838,694

.43

.44

"~21~840~13, 72964, 045

82.34

47^ 818

79, 288a 27, 494

.038

1,100

965 77347

2,373

96

2,767

37, 1824 524'.13

25, 74219 23410 747

91,97077, 773

14, 70884, 972

286« 2, 800

4.732.70

9.6649,137

210, 407

5,106

31, 349

16,713106, 185

162

30,' 100

«142,9816, 856

7,13513, 6042,195

1.997e320, 353

12, 247

« 6, 657

151.68

«156 9882,825

14, 635

4083,924

.43

.47«2, 343,883

16. 6227,921

69, 334

123.35

'731,5243,390

46, 503

96, 09722, 861

.039*35 619

426

57328

2,648

44, 2842 823

1328, 4361Q Q21

13, 788

78, 78965, 476

15, 83699, 073

44, 3713 902'. 17

28, 96221 53612 366

67, 81954, 934

13, 015100, 272

476 2533,545

4.852.70

7,6576,394

167, 074

4,313

35, 021

17,328104, 575

3519, 732

29, 372

6,806

5,47414, 4092,605

2.195

21, 748

5,325

514.71

4,41114, 102

1674,163

.45

.50

15, 0528,688

68, 067

74.37__ _ _ _ _ _

3,93844, 696

104, 95115, 338

.039

721

91067

2,488

2,597

4.852.70

5, 9434,774

112, 936

5,041

33,813

16, 25096, 427

13010, 57724, 920

4,722

3,85811,7412,125

2.506

17, 158

4,854

502.71

3,02613, 362

2444,797

.45

.49

14, 4586,812

68, 384

69.30

4,02942, 307

87, 63922, 150

.039

932

85363

2,632

47, 8334 7^7't, tut

. 1537, oilog 2349 938

62, 15349, 856

16, 989131, 719

45, 459q (\^p.o, O/ D

. 1344, 897V3 7QSCo, /CO

10 553

65, 45052, 217

20, 532152, 401

201 5973, 421 4, 053

4.852.70

4,9184,875

99, 176

5, 682

38, 665

18, 216107, 667

316

25,' 006

4,367

2,13115, 7851,971

2.388

23, 634

5,757

690.70

3,57412, 207

2475,737

.45

.51

12, 8009,017

65, 682

84.33

3,05038,011

142, 50435, 581

.039

496

74664

2,439

4. 852.70

4,9375,924

117,115

4,225

59, 854

' . 1461, 75447 56315 029

71, 46958, 073

24, 907188, 688

5441,615

4.852.70

8,4589,239

151, 691

4. 168

36, 732

17, 758103, 395

01 fG.LU10, 92327, 648

2,254

1,05513, 0392,933

2,013

19, 763

6,220

425.68

2,67810,911

2094,690

0).49

8,6329,471

57, 396

95.32

2, 73632, 902

58, 65644, 493

.039

191

43652

2,215

37, £08

18. 7fi3111,196

F22512 67035,' 003

1,387

39212, 3033, 031

1,762

21, 467

5,182

408.72

3,5029,301

3715,271

0).55

8,07215, 87746, 808

68.35

5,00226, 205

41, 267a 52, 973

.039

191

41757

1,896

45, 3523 DQ7, oy/

. 1566, 545i>3, ^2214 392

« 96, 960« 79, 925

22, 103210, 750

1,2762,562

4.852.70

« 10, 10513,912

153, 149

3,461

35, 202

19, 168110, 931

309° 14, 691

40, 315

756

10, 1402,872

1,541

25, 687

1,884

139.85

3,8138,317

2486,738

.57

. 62

9,57911,35338, 518

81.43

22, 524

89, 19759, 149

.039

183

52535

1,575

* Revised. • Dec. 1 estimate. / Aug. 1 estimate.* New series. For earlier data see p. 20 of the November 1932 issue, barley, receipts of milk in Greater New York, p. 20 of the August 1934 issue.f Revised series. For revisions refer to the indicated pages of the monthly issue?, as follows: For 1931 on apparent consumption of cheese, production of total and

American whole-milk cheese, and production of condensed and evaporated milk, p. 20, January 1933. For earlier data on stocks (cold-storage holdings) of total and Americanwhole-milk cheese, p. 19, April 1933. For 1932 data on production of factory and American whole-milk cheese, production of condensed and evaporated milk, p. 39, Sep-tember 1933. For subsequent revisions for 1932 on production of evaporated milk. p. 39, November 1933 For 1933. car-lot shipments of apples, citrus fruits, onions, andpotatoes, p. 39, April 1934. For 1932 exports of rice, p. 39, June 1933. Revised figures on 1933 exports of grains (total), barley, corn and rice for months not shown aboveare on p. 20 of this issue.

# See footnote on p. 35 of this issue. Data for 1933 also revised, revisions for months not shown above will appear in a subsequent issue.§ Bulk evaporated rnilk not included since December 1931.i Quotation not available.


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

1934

July

1933

1July ! August Septem- October Novem-

berDecem-

ber

1934

January| FJ™' March I April May June


GBAINS— ContinuedRye:

Exports, including flour thous. ofbu..Price, no. 2, Minneapolis dol..perbu_.Production, crop estimate thous of buReceipts, principal markets*... thous. of bu._Visible supply, end of month*_thous. of bu._

Wheat:Exportsrf

Wheat, including flour thous. of bu—Wheat only thous. of bu_.Value, wheat and flour. (See Foreign

Trade.)Prices, wholesale:

No. 1, Northern, Spring, Minn,dol. per bu._

No. 2, Red, Winter, St. Louis-.dol. per bu_.No. 2, Hard, Winter, K.C._..dol. per bu~Weighted average 6 markets, all grades

dol. per bu._Production, crop estimate, total

thous. of bu_.Spring wheat thous. of buWinter wheat _ _ _thous. of bu-.

Receipts .. thous. of buShipments thous of buStocks, visible supply, world thous. of bu_.

Canada__. _ . thous. of buUnited States thous of bu

Stocks, held by mills (quarterly)thous. of bu

Wheat flour:Consumption (computed)t thous. of bbL.Exports thous. of bbL.Grinding of wheat. _. thous. of buPrices, wholesale:

Standard Patents, Minn dol. per bbl—Winter, straights, Kansas City

dol. per bbl.-Production:

Flour, actual (Census) thous. of bbl--Flour prorated, total (Russell's) t

thous. of bblOffal thous. oflb-Operations, percent of total capacity

Stocks, total, end of month (computed)thous. of bbL .

Held by mills (quarterly)... thous. of bbl

LIVESTOCK AND MEATS

Total meats:Consumption, apparent mills, oflb—Production (inspected slaughter)

mills, of IbStocks, cold storage, end of month, total

mills, of lb..Miscellaneous meats mills, of Ib

Cattle and beef:Beef and veal:

Consumption, apparent thous. of IbExportsf thous oflbPrice, wholesale:

Beef, fresh native steers, Chicagodol. per lb._

Production, inspected slaughterthous. oflb

Stocks, cold storage, end of monththous. of Ib—

Cattle and calves:Movement, primary markets:

Receipts --thous of animalsSlaughter, local thous of animalsSlaughter, inspected. (See Leather and

leather products.)Shipments, total thous. of animals—

Stocker and feeder. .thous. of animals-Price, wholesale, cattle, corn fed, Chicago

dol. per 100 lb-Hogs and products:

Hogs:Movement, primary markets:

Receipts thous of animalsSlaughter, local thous. of animals. -Slaughter, inspected. (See Leather

and leather products.)Shipments, total thous. of animals..Stocker and feeder thous. of animals..

Price, heavy, Chicago dol. per lOOlb..Pork, including lard:

Consumption, apparent thous. of lb._Exports, totalf thous. oflb—

Lardf _ thous. oflbPrices:

Hams, smoked, Chicago dol. per lb.Lard:

Prune contract, N.Y dol. per Ib-Refined, Chicago* dol. perlb-

0.74

f 17, 2612,246

12, 208

2,168826

1.10.92.93

.95

/490, 960/ 90, 438'400, 522

49, 70816 831

185, 123117 973

286

7.18

6.01

99579

2 250

.114

61, 375

2 9851 672

1,231470

8.40

2 5191,777

73246

4.85

51, 24333 466

.171

.072

.081

6.83

1,68911, 273

1,39129

1.081.01.98

1.00

37, 17217, 527

459, 660193, 879135, 493

10, 322290

38, 288

7.55

6.11

8,275

9,375680, 822

53

4,463

1,051

1,185

1,14675

423, 1741,344

.094

426, 689

41,823

1 456953

460« 110

6.60

2 8712,136

73655

4.56

576, 46751, 11236, 200

.135

.073

.074

a 3.72

1,21811, 998

« 1, 72121

.94

.92

.90

.92

26, 74813, 729

482, 600191, 545149, 732

7,127362

30, 866

7.14

6.05

6,719

7,956548, 544

40

4,960

1,159

1,164

1,10473

473, 2571,689

.098

475, 679

48,446

1,6691 068

603213

6.32

3 9242,957

856-423.94

628, 78649, 24035, 714

.132

.060

.068

3.71

1,70412,968

1,53143

.90

.89

.87

.89

22,60413 568

515, 950213, 356153 438

173, 884

8,063317

34, 473

6.93

5.93

7,540

8,769609, 599

46

5,3503,825

1,163

1,066

94065

465 1551 859

.094

466,068

51, 198

1 6531 004

638261

6.23

6 4945,552

1,03237

4.04

637, 56561, 15748 743

.124

.060

.067

«3.62

66813,158

0 1, 49024

.85

.86

.83

.84

17, 62417 473

516, 580244, 965149, 719

8,749312

37, 371

6.75

5.50

8,181

9,171656, 225

50

5,460

1,205

1,077

73050

489, 5011 060

.096

494, 763

59, 233

2 1781 160

971528

6.77

2 5211,699

81333

4.49

652, 09761, 86449 812

.122

.057

.069

0.62

1,50114, 153

1,930513

.86

.90

.84

.87

11,61215 551

501, 060242, 478138 505

8,848302

37 067

6.90

6.60

8,116

9,158653, 267

52

5,500

1,160

1,251

77354

436 960a 1 (J78

.090

445, 009

70, 010

1 699993

731381

5.26

3 2072,382

82828

4.15

670, 86663, 70547 563

.127

.059

.071

0.60

• 21, 236430

13, 735

« 5, 975« 4, 152

.83

.87

.80

.83

•527, 978•176, 370•351, 608

11 15111 685

532, 920241, 084129 574

153, 635

8,607388

33 492

6.65

5.40

7,332

8,062589, 978

47

4,5674 634

1,038

1,231

91165

415 5161 924

.082

423, 351

79, 232

1 343854

491176

5.32

3 3322,406

92929

3.31

567, 71767, 453

a 54 838

.119

.051

.059

0.64

40212, 936

4,5702,867

.88

.91

.84

.88

8 7478 921

582, 140233 368113 671

8,759362

39 903

6.84

5.63

8,719

9 564706, 100

54

5,010

1,272

1 465

1,04871

499 2921 389

.089

492, 762

72,948

1 6431 098

527165

5.55

4 2313,010

1,20741

3.38

715, 88062, 61751 202

.118

.057

.062

0.61

23612, 032

4,0392,667

.90

.91

.85

.91

10 0098 087

558, 440227 060104 554

8,633292

36 029

6.83

5.55

7,867

8 677639, 724

55

4,761

1,000

1 052

1,04366

438 8081 778

.090

431 000

64, 745

1 404952

437121

5.83

2 7271,853

87334

4.27

512 27560,71536 908

.120

.066

.071

3.59

18111, 621

4,7333,065

.88

.89

.82

.88

9,06410, 231

532, 980220, 75994, 504

115,247

9,171355

38,320

6.64

5.40

8,362

9,465674, 587

53

4,7004,157

1,052

1,015

94556

463 9462 670

.092

454 655

55,848

1 500999

495138

6.51

9 <lfi81,679

80137

4.33

536 04452, 11439 493

.136

.067

.077

9.57

25111,002

5,4823,576

.83

.83

.78

.83

8,4086 492

495, 150211,09186 856

7,963406

34 187

6.34

5.28

7,455

8 298607, 078

48

4,764

1,015

1 057

93552

448 9262 063

.099

437 914

46,590

1 5921 04^

518147

7.44

9 A74.

1,883

78128

3.87

518 58749, 762on QKH

.138

.071

.073

0.60

1,36810, 505

4,3351,456

.94

.87

.86

.94

12 47914 566

463, 660196 86977 631

9,052270

37 089

6.84

5.48

8,103

9 208657, 205

50

4 650

1,178

1 241

92053

499 8051 514

.123

493 768

42, 546

1 8091 9OQ

592162

8.23

o O7fi

2,272

79839

3.58

631 25079, 942fifi 1fi7

.136

.066

.070

1.69

1,90311,452

1,415387

1.09.91.89

.95

23 44515 447

451, 860190 71779 395

102 968

21934 476

7.05

5.79

7,507

613, 27946

3 914

1,085

1 142

«93261

462 3621 356

.113

463 4110 45, 471

1 812i 90

585139

8.57

9 fift/i

1,934

75945

4.34

576 77856, 25141 OO8

.156

.068

.073« Revised.* New series. For earlier data, see p. 20 of the November 1932 issue, rye: and p. 18 of the January 1933 issue, lard price.t Data revised. For revisions on wheat flour from July 1931 to December 1932, see p. 19 of the August 1933 issue. For revisions of bee! and veal exports for 1932 see

p. 40 of the June 1933 issue. For revised export data for months of 1933 not shown above, see p. 20 of this issue.• Dec. 1 estimate./ Aug. 1 estimate.



1934

July

1933

July August Severn- |0ctober|Nov«n- Decem-ber

1934



LIVESTOCK AND MEATS— Continued

Hogs and products— Continued.Production, inspected slaughter, total

thous. of lb__Lard thous. of Ib

Stocks, cold storage, end of mo.thous. of lb_.

Fresh and cured _. thous. of Ib _Lard thous of Ib

Sheep and lambs:Lamb and mutton:

Consumption, apparent thous. of lb._Production, inspected slaughter

thous. of lb._Stocks, cold storage, end of mo.

thous. of lb._Movement, primary markets:

Receipts thous. of anirnals..Slaughter local thous of animalsSlaughter', inspected. (See Leather and

leather products.)Shipments, total thous. of animals __

Stocker and feeder thous. of animals. _Prices, wholesale:

Ewes Chicago dol. per 100 lb._Lambs Chicago - dol. per 100 lb.

Poultry and eggs:Eggs:

Receipts, 5 markets thous. of cases..Stocks, cold storage, end of mouth:

Case thous. of cases. .Frozen thous. of lb_.

Poultry:Receipts 5 markets thous. of lb..Stocks, cold storage, end of mo.

thous. of lb_.

TROPICAL PRODUCTSCocoa:

Imports # long tons..Price spot, Accra, N.Y dol. per i b _ _Shipments. Gold Coast and Nigeria

long tons..Coffee:

Clearances from Brazil, total.thous. of bags..To United States thous. of bags_.

Imports into United States #. thous. of bags..Price, Rio No. 7, N.Y... dol. per Ib...Receipts at ports, Brazil thous. of bags..Stocks, world total, incl. interior of Brazil

thous. of bags..Visible supply, total excl. interior of Brazil

thous. of bags..United States thous. of bags..

Sugar:Raw sugar:

Cuba:Stocks, total, end of month

thous. of long tons..United States:

Meltings, 8 ports t long tons..Price, wholesale, 96° centrifugal, New

York dol. per Ib. .Receipts:

From Hawaii and Puerto Ricolong tons..

Import** t # - long tonsStocks at refineries, end of mo. t

long tons__Refined sugar:

Exports, including maple t. long tons..Price, retail, gran., N.Y dol. per Ib..Price, wholesale, gran., N.Y... dol. per lb_.Receipts:

From Hawaii and Puerto Rico* long tons. .Imports:

Cuba* - - -- long tonsPhilippine Islands* long tons--

Shipments 2 ports long tonsStocks, end of month, 2 ports.-.long tons..

Tea:Imports # thous. of lb_.Price, wholesale, Formosa, fine, N.Y

dol. per lb_ .

MISCELLANEOUS PRODUCTS

Candy sales by manufacturers. -thous. of dol. .Fish:

Landings, fresh fish, principal portsthous. of Ib

Salmon, canned, shipments cases..Stocks, total, cold storage, 15th of month

thous. of Ib..a Revised.* New series. For earlier data, see p. 20 of

for Philippine Islands,t For revised data for 1932 on su?ar m 3! tins

853, 242643, 614209, 628

1, 517

2,152998

1, 155190

1.785.91

1, 009

8, 949121, 506

22,417

44, 824

10, 456.0535

10, 798

787512788

. 095919

8,496955

2,212

300, 448

.032

184, 03353, 117

626, 468

6, 376.055.047

11,039

43, 939590

6,471

.215

10, 010

50, 582

this issue,

s and sto

707, 930148, 330

1,027,581808, 322219, 259

51, 055

50, 862

1,594

2,2281,106

« 1, 105108

1.837.20

1,152

9,507107, 660

22, 121

44, 970

18, 198.0550

17, 832

1,586745865

.0761,440

22, 394

6,418747

2, 386

358, 713

.035

176,296°311, 651

498, 052

3, 513. 054.046

12, 224

46,963

59, 71838, 928

8, 909

. 175

10, 717

28, 784323, 634

33, 331

for receij

CkS, S93 f

631,418129, 045

981, 177756, 701224, 476

56, 762

56, 666

1,487

2,7951,249

1,509347

1.886.81

951

8,944102, 449

23, 966

47, 789

23, 884.0548

23, 865

1,329627

1,128.076

1,565

22, 370

6,6341,006

2,213

408, 918

.035

99, 100169, 933

369, 780

4, 062.052.046

13, 968

39,454

67, 20842, 018

11, 575

.175

16, 286

34, 036700, 734

44, 882

)ts of refir

. 41 of th

539, 848108, 085

822, 498630, 437192, 061

60, 116

60, 540

1,886

2, 9111,277

1,622498

1.886.34

733

7,46693, 182

24, 862

50, 177

22, 056.0470

10, 260

1,465770834

.0741,836

23, 598

6, 957976

2,081

277, 642

.036

108, 023177, 152

311,462

4, 020.052.046

11,671

27.971

49, 90932, 649

9,496

.175

21, 553

30, 542603, 692

51, 475

led sugar

8 May 19

518, 29498, 180

627, 001493, 308133, 693

63, 210

63, 897

2,511

3,2681,351

1,904857

1.886.40

651

5,17582, 302

32, 098

59, 528

11, 346.0420

11,409

1,274602

1,019.074

1,646

24, 725

7,179945

1,598

258, 209

.033

63, 845170, 729

290, 416

4,427.051.045

4,279

86, 122

36, 46425, 984

10, 929

.175

22, 598

33, 595318, 730

55, 928

from Ha\^

33 1SSU3.

752,912143, 491

645, 531529, 454116, 077

52, 543

52, 952

2,888

2,0641,068

1,031462

1.886.28

514

2,64172, 348

80, 502

91,211

10, 903.0458

22, 126

1,448873838

.0741,434

0)7,345

966

1,292

264, 289

.032

53, 354"160, 908

248, 054

4, 900.052.044

513

29,664

35, 63623, 473

6,418

.175

22, 303

21, 170200, 074

58, 338

Taii and I

For 1932

751, 663150, 287

762, 206629, 696132, 510

54, 869

56, 026

4,012

1,7741,033

739143

2.446.59

590

73161,419

70, 640

123, 503

» 9, 581.0419

44, 599

1, 426752

1,144.081

1,520

0)

7,5901,076

1,212

179, 119

.032

30, 840105, 123

203, 513

. 5, 965.052

i .043

873

27,268

34, 6681 26,360

! 7, 670

. 175

22,319

! 17, 043312,064

1 57,188

'uerto Ri(

revisions

915, 320188, 461

899, 160730, 404168, 756

56, 556

56, 799

4,183

1,8181,132

691116

2.757.23

808

5049, 910

31, 531

120, 177

19, 146.0472

52, 253

1,877997

1,100.091

1,419

0)

7,7181,038

926

237, 313

.032

79, 790173, 846

256, 031

3,560.052.042

13, 203

30, 985

39, 92522, 701

6,938

.181

20, 516

16, 739403, 556

44, 660

30 and in

of sugar

573, 708115,974

910, 000733, 956176, 044

48, 605

47, 519

3,052

1, 454902

54779

4.188.33

1,165

9039, 181

19, 336

101, 776

16, 919.0520

47, 607

1,476779

1,353.107

1,381

I1)

7,564980

1,335

259, 470

.033

192, 519114, 484

291, 644

4,187.051.044

9,981

16, 478

48, 26721, 950

4,696

.185

19, 538

18, 185513, 130

32, 712

iports fro

imports a

508, 99399, 612

830, 997657, 222173, 775

52, 039

51,097

2,024

1, 570957

62581

5.008.63

1,824

1,20838, 679

16,435

74, 197

30, 502.0540

42, 235

1,242636

1,305.109

1, 534

(')

8.0841,025

1,862

289, 666

.031

201, 877173, 838

406, 345

4,248.051.044

13, 596

10,879

53, 04530, 282

6,578

.185

21,951

24, 782449, 736

18, 481

m Cuba,

nd expor

572, 457113, 056

835, 185656, 087179, 098

47, 676

46, 976

1,281

1,838959

872135

4.758.90

2, 051

4, 64062, 632

13, 347

49, 212

26, 539. 0539

22, 287

842425996

.1041,212

31,118

8, 600891

2, 422

272, 885

.028

151, 334214, 079

516, 505

4, 246.051.044

15, 294

9,913

45, 88331, 164

4,493

.193

16, 792

37, 906229, 108

15, 883

Earlier

fcs, see p.

699, 676137, 597

823, 808641, 568182, 240

47, 166

47, 286

1, 363

2, 1141,014

1, 014

a. oo8. 97

1, 927

7,81993, 947

19, 604

39, 790

8,044. 0561

9, 850

903418790

.103780

29, 309

8. 504932

2, 475

344, 352

. 02S

146, 258250, 111

561, 680

5. 622.051.041

14, 180

16, 47321 51276, 93425, 147

4, 389

. 199

16, 884

34, 848203, 316

20, 189

data not

41 of the

633, 062124, 069

a 823, 560« 628, 425" 19,5, 135

45, 709

45, 829

1, 450

1,810918

891115

1, 637.24

1, 452

« 8, 965" 110,058

22, 755

« 40, (509

10, 843. 0572

10, 568

1, 449546736

. 102901

27,141

8, 526886

2, 364

350,731

.029

149, 087197, 640

537, 831

4, 649.052.045

12, 300

24, 7283,323

58, 69422, 373

5, 419

.215

12,945

30, 699263, 883

34, 285

available

June 1933issue. For revisions of exports in 1933 for months not shown above, see p. 20 of this issue.

# See footnote on p. 35 of this issua. Data revissd for 1933. Revision for months not shown above will appear in a subseauent issue.1 Data not available.



1934

July

1933 1934


ber ^'l January Febru-ary March April May June


TOBACCOLeaf:

Exports f thous of IbImports, unmanufactured # thous. of lb_.Production, crop estimate _ __thous. of lb _Stocks, total, including imported types

(quarterly) mills, of IbFlue-cured, fire-cured, and air-cured

mills, of IbCigar types mills of Ib

Manufactured products:Consumption (tax -paid withdrawals):

Small cigarettes millions--Large cigars thousandsManufactured tobacco and snuff

thous. of lb_.Exports, cigarettes . thousandsPrices, wholesale:

Cigarettes dol. per 1,000Cigars _ dol. per 1,000_-

19 0135,209

f 1,042 942

11, 355378, 058

28, 691225, 387

5,38046, 839

30 6211,880

9.526400, 511

28, 782°207. 710

4.85146. 062

24 5031,666

11, 189434, 821

32, 942171, 439

4 85146. 062

42 3962,349

2,009

1,529389

9,528423, 600

29, 133271,311

4.85146. 062

66 2171,911

9,176408, 452

30, 546272, 496

4.85146. 519

a 44 2282,776

6,835415, 347

25, 407238, 329

4.85146. 461

62 5684.198

« 1,385, 107

2, 182

1,718377

7, 800276, 690

21, 686271, 219

4.85146. 461

9(3 9974,218

11, 483337, 292

30, 846283, 784

5.27446. 616

28 4065,449

9,168299, 214

28, 351188, 956

5.38046. 893

44 4114,228

0 2, 435!i I, 957

" 384

9,333354, 165

31,478246, 278

5 38046. 839

41 3424, 775

9, 294345, 067

27, 260344, 740

5.3804(5. 839

31 3SO4, 548

11, 174380 450

29, 056336, 264

5,38046, 839

99 5536,139

2 204

1 727387

12, 045404 456

29, 420252, 009

5, 38046, 839

FUELS AND BYPRODUCTS

COALAnthracite:

Exports thous. of long tons..Prices:

Retail, composite, chestnutdol. per short ton..

Wholesale, composite, chestnut tdol. per short ton--

Production f _ _. thous. of short tons..Shipments f thous of short tonsStocks, in storage thous. of short tonsStocks, in yards of dealers, end of month

no. of days' supplyBituminous:

Consumption:Coke plants _ thous. of short tons. .Electric power plants f

thous. of short tons-.Railroads thous of short tonsVessels, bunker thous. of long tons

Exports -_ -thous. of long tons. -Price, retail composite, 38 cities

dol. per short ton--Prices, wholesale:

Composite, mine run-_.dol. per short ton--Prepared sizes (composite)

dol. per short ton--Production f -thous. of short tons.-Stocks, consumers, end of month

thous of short tons -

COKE

Exports thous. of long tonsPrice, furnace, Connellsville

dol. per short ton_.Production:

Beehive t thous. of short tons..Byproduct t thous. of short tons _Petroleum thous. of short tons

Stocks, end of month:Byproduct plants thous. of short tons_.Petroleuin, refinery thous. of short tons-_

PETROLEUM AND PRODUCTS

Crude petroleum:Consumption ''run to stills) thous of bblImports # thous. of bbl .Price, Kansas-Oklahoma dol. per bblProduction t thous. of bbl_.Refinery operations . pet. of capacity

12. 60

9. 4513, 4432,974

3, 519

1011, 108

8.23

4. 185

4.34325, 280

105

3. 73

442,381

2,312

2, 561.940

Stocks, end of month:California:

Heavy crude and fuel oiL.thous of bbl ,Light crude thous. of bbLJ

East of California, total t- --thous. of bbLJ _ _Refineries! -- thous. of bblTank farms and pipe linesf-thous. of bbL.

Wells completed f numberMexico:

Exports thous. of bbL.Production thous. of bbl__

Venezuela:Exports -thous. of bbL.Production ..thous. of bbl__

2,6213, 303

102

12. 26

9.5423,6773,239

736

49

4,164

2,7854,659

118983

7.64

3.572

3.55029, 482

62

2.50

732,793

154

2,9511,149

79,5253,411.460

84, 38773

95, 33536, 625

306, 96948,304

258, 665548

2, 5022,951

9,63610. 052

99

12.65

9. 6484,3963,990

977

4,346

2,8824,746

117953

7.77

3. 690

3.72633, 910

30, 582

73

2.91

752,920

112

3,0221,036

79, 1513,673.505

85, 23973

95, 2736 35, 1976315, 5636 56, 429

6259, 134643

2,6072,893

10. 14610.309

125

13. 12

9. 9824,9934 ^22I, 267

63

4,020

2,6744,759

122976

7,94

3.722

3.82929, 500

34, 095

85

2.63

632,708

139

3,080987

75, 3162,069.768

78, 18671

94, 9266 35, 0766315, 8786 56, 452

6259, 426955

9472,606

9,95910. 182

85

13.23

9.9314,7114,1471,351

3,805

2,8265,159

134811

8.08

3.929

4.11929, 656

72

3.47

472,579

139

3,053891

75, 4611,758.940

76, 01769

92, 507* 35, 5686312, 8156 54, 458

6258, 3571,070

1,2782,428

10,09610. 728

83

13.26

9.9264,8114, 0981, 293

38

3,536

2, 7385,002

1401,000

8.18

3.963

4.16730, 582

34, 143

56

3.75

982,341

118

3,043760

68, 4611,875.940

69, 75565

90, 2426 35, 3996311,7586 55, 837

6255, 921992

1,1842,900

10, 39810. 717

71

13.24

9.9224, 4244,0121,106

34

3,694

2,8274, 984

91448

8.18

3.961

4.16429, 600

32, 840

39

3.75

952,451

129

2,850727

70, 4402,876.940

72, 06065

87, 826« 634,104o 6312,0706 57, 048

6255,022905

2,5823,259

10, 55811. 084

96

13.25

9.9126, 1255,189

725

29

3,774

2,8175,256

73369

8.24

3.972

4.17832, 916

39

3.63

972,476

127

2,347637

71, 5123,011.940

71, 97666

86, 8696 33, 8646311, 6596 55, 458

6256, 201910

1,9793,114

9,84410. 860

99

13.27

9. 8815, 9525,198

316

19

3,832

2, 8715,180

70382

8.22

3.974

4.21031, 970

27,100

55

3.50

1182,493

121

1,808595

66, 4702,416.940

65, 45069

83,8126 33, 3506309, 8646 55, 582

6254, 2828.10

2,1482,862

9,1999. 769

88

13.27

9. 8786,4185,356

308

17

4,578

2,8215,759

90490

8.23

3.972

4.21638, 497

28, 371

45

3.43

1502,969

136

1,713565

71, 8072,272.940

75, 54867

81, 5846 34, 0936311,5766 56, 383

6255, 193930

2,2603,192

10, 26810. 900

71

12. 94

9. 4594, 8374, 173

690

44

4, 3060 2, 391

4, 83781

075

8. 18

4.120

4. 23324, 772

27,711

25

3.59

612, 875

101

1,964553

73, 5C32,877.940

75, 79671

78, 9656 33, 889

6312, 0056 55, 482

6256, 523914

2,1793,206

9,90211.028

125

12.34

9. 0845, 2504.491I, 1(35

59

4, 757

2. 6514, 804

1221,074

8.13

4.179

4. 21728, 100

28, 490

52

3. 64

512, 192

74

1, 948515

76, 2583,442.940

79, 87070

76, 6046 33, 7216313, 8406 57, 069

6256, 7711,112

2, 1672,715

10, 72311. 542

89

12.40

9. 2164, 1S43, 4951 , 541

Gi

4, 459

2, 790

107991

8. 18

4.200

4. 23626, 424

29, 393

06

3.73

512, 990

104

2, 047504

76, 0543,947.940

80, 04072

74, 815b 33, 802

6315,0516 56, 526

& 258, 5251,128

2,037" 2, 923

10, 82211.203

« Revised.t Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: Exports of tobacco for 1932, p. 42, June 1933. Data revised for 1933, for

revisions of such months not shown above see p. 20 of this issue; 1932 final revision of anthracite and bituminous coal production, p. 42, January 1934; anthracite shipmentsfor 1932, p 42, December 1933; consumption of bituminous coal by electric power plants, p. 42, May 1933; beehive and byproduct coke for 1932, p. 43, December 1933. Datarevised for 1933. Beehive and byproduct coke see p. 43, July 1934. Crude petroleum production, stocks, east of California (total), at refineries and at tank farms and pipelines, and wells completed, for 1932, p. 56, November 1933.

b Statistics here given as of August 31 and subsequent months are not comparable with the figures for earlier months because of revisions and transfers from one kindof storage to another as a result of the new form of report to the Petroleum Administrative Board. The Bureau of Mines has not found it possible to reconcile these figuresand will report them henceforth to compare with the August data. The Aug. 31 figures on the old basis are on p. 42 of the November 1933 issue.

• New basis, as of Dec. 31, caused by 1,089,000 barrels being classified as fuel oil.# See footnote on p. 35 of this issue. Data revised for 1933. Revision of months not shown above will appear in a subsequent hsue.t Price converted to short-ton basis.« Deaember 1 estimate.

f August 1 estimate.

44 SUKVEY OF CURRENT BUSINESS September 1934

Monthly statistics through December 1931, j !934together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey i July

1933

July August S^f1' October Novem-ber

Decem-ber

1934

January *•«£" March April May June

FUELS AND BYPRODUCTS—Continued

PETROLEUM AND PRODUCTS-Con.Refined products:Gas and fuel oils:

Consumption:Electric power plantsf thous. of bbL.Railroads _. thous. of bbl _Vessels, bunker thous. of bbl__

Price, fuel oil, Oklahoma, 24-26 refineriesdol. per bbl..

Production:Residual fuel oil*t - thous. of bbl.Qas oil and distillate fuels* t

thous. of bblStocks:

Residual fuel oil, east of California*tthous. of bbl

Gas oil and distillate fuels, total*thous. of bbl

Gasoline:Consumptionf thous. of bbl_.Exports* . thous. of bblExports, value. (See Foreign Trade.)Price, wholesale:

Drums, delivered, N.Y dol. per gal..Refinery, Oklahoma.. dol. per gal._

Price, retail, service station, 50 citiesdol. per gal

Production:At natural gas plants! thous. of bbl .At refineriesf thous. of bbl__

Retail distribution (41 States)!mills, of gal

Stocks, end of month:At natural gas plants., thous. of bblAt refineriesf thous. of bbl

Kerosene:Consumption! thous of bblExports thous. of bblPrice, 150° water white, refinery, Pa.

dol. per gal_.Production thous. of bblStocks, end of month thous. of bbl

Lubricating oil:Consumption! . thous. of bblPrice, cylinder oil, refinery, Pa.

dol. per gaL.Production thous of bblStocks, refinery, end of mo thous. of bbl

Other products:Asphalt:

Imports# thous. of short tonsProduction! .thous. of short tonsStocks, refinery, end of month

thous. of short tonsCoke. (See Coke.)Wax:

Production thous. of IbStocks, refinery, end of mo thous. of Ib

2,412

.725

~" 1 495

.155

.045

751

.046

.183

1,0312,8912,896

.415

21, 572

7,295

17, 941

17, 760

34, 458a 3, 027

.165

.048

.135

2,76936, 576

1,005

95030, 142

2,041846

.0444,2727,785

1,630

.1691,9657,199

1265

278

36, 12098, 536

9792,8173,070

.444

21,049

6, 143

« 19, 097

18, 948

37, 426a 1, 548

.165

.041

.140

2,82436,524

1,085

84729,038

2 799a 621

.0444, 1098,445

1,535

.1792 0197,226

.,247

268

40, 32085, 924

9042,9532,669

.563

20,143

6,375

18, 824

20,160

34,3031,802

.174

.052

.145

2,79136,581

1,030

66128, 747

3 375726

.0484,0048,343

1,426

.1832 0467,007

o218

253

42 28080,300

9433,2922,397

.620

20 819

7 157

20 315

20 454

32, 9732 455

.177

.051

.143

2,98135, 971

962

57228 572

3 406922

.0533,9937,987

1,507

.1902 1156 776

3234

242

47 32075, 803

9183,1541,511

.650

19,004

6 391

18 957

19 016

30, 2622 771

.177

.050

.142

2 93132, 891

931

60927 308

3 726l'045

.0534 0057,217

1,538

.1902 3757 075

1156

259

43 68072, 751

9543,1182,705

,663

18 962

7 252

1 17 660

* 16 212

28,7871 452

.177

.050

.143

3,00531,685

841

'992i 34 760

4 143851

.0524 289

1 6, 557

1 667

.1902 212

i 7 030

151

255

41 72068 833

9103,1662,646

.690

19 847

7 691

16 134

14 136

29,4161 797

.165

.048

.139

3 02433, 462

852

99237 774

4 245676

.0484 5076 228

1 440

.2082 1987 020

3145

304

46 48078 934

875 8122,890 3,2502,399 2,782

.750 .738

18 183 20 539

7 155 g 004

14 233 14 044

12 322 10 658

25, 048 30, 5281 772 2 235

. 166 . 158

. 048 . 044

. 142 136

2,795 3 01930, 472 32, 705

788 940

979 1, 02241 352 42 578

4 154 4 218716 657

. 045 . 0483 961 4 5765,299 4 986

1 302 1,643

. 220 . 2201 865 2 1527* 120 6 837

1 0106 156

331 371i

39 200 43 12083 791 86,644

o 7551 3 118

2 457

; .750

, 19 344

7 563

15 673

11 403

32, 7352,436

. 145

.045

.136

2,92634, 097

978

1,27640,914

3, 6541, 148

.0484,6474,822

1,651

.2202,3226,796

3205

378

39, 48091,763

«8023 1742 652

.750

20 297

7 761

16 501

13 174

38, 1411 643

.150

.048

.139

2,90735, 194

1,061

1,51736 507

3 222648

.0474,5485,470

1,941

.2192 5776 773

1250

382

41, 720101,551

883

2 530

.750

20 136

8 042

19 249

16 313

36, 2961 780

.155

.046

141

2 83834 g50

1 64633 885

2 372962

.0484 2066 335

1 569

.2082 2116 752

3278

358

40 320108 087

LEATHER AND PRODUCTS

HIDES AND SKINSImports, total hides and skins!#_thous. of lb._

Calf and kip skins thous. of lb._Cattle hides . . thous. of lb_Goat skins thous. of lb__Sheep and lamb skins thous of Ib

Livestock, inspected slaughter:Calves thous. of animalsCattle . thous. of animals. _Hogs thous. of animalsSheep _ thous. of animals..

Prices, wholesale:Packers, heavy native steers, Chicago

dol. per Ib..Calfskins, no. 1 country. Chicago

dol. per lb_.Exports: LEATHER

Sole leather ..thous. of lb_.Upper leather! • thous. of sq. ft..

Production:Calf and kip* thous of skinsCattle hides*! - .-thous. of hides..Goat and kid*. _ .... .thous. of skinsSheep and lamb*! thous of skins

Prices, wholesale:Sole, oak, scoured backs (Boston) dol. per Ib.Upper, composite, chrome, calf, black, "B"

grade _>_dol. per sq. ft..

19, 9071,9008,2685,6072 930

7701,9123, 3231,294

.098

.093

2053,850

.29

.320

0 50, 102« 6, 501

a 24, 8358,5797,756

401752

3,9141,399

.137

.174

1756,464

1,3931,4634,1454,237

.37

.330

50, 8285,492

26, 3748,7338 320

416840

3,4771,532

.150

.190

1674,917

1,4351,5634,6343,934

.40

.348

36, 3543,191

17,4888,2915 083

405821

3,0381,609

.132

.174

1246,315

1, 1131,4394,0053 239

.39

.349

32, 6454,192

14, 4507,9014 086

455861

3,0581,668

.103

.158

113« 5, 290

1 1261,5383,9943 290

.35

.344

« 21, 5962,405

10 2270 5, 318a 2 378

424777

4 5011,356

.103

.156

« 1026,703

1 0631,6233,7862 630

.31

.337

o 20, 7652,1047,762

« 6. 8432 541

402721

4 5301,390

.099

.167

0 1566,684

1 0131,5203,7632 322

.32

.350

18, 6622,8405 8076,1402 494

471831

5 3911,407

.101

.144

2526,160

9811,6404,2902 580

.32

.352

17,6831,5805,8375,8373 315

437733

3 4331,159

.103

.137

1364,859

8791,6624,0743 558

.31

.352

20, 7091,8566,3887,5983 457

534771

3 0391 242

.096

.121

2826,144

9111,7384 3583 690

.30

.347

22, 6251, 2217,2659,1193,124

526749

3,4111,164

.108

.129

1865,457

OQQ0 1,681

3 9493 7Q1

.30

.343

21, 2352,2595 1847,2174 247

600864

4 2181 °44

.104

.116

1864,336

1 03°« 1,700

3 9403 300

.30

.337

22, 1811,9149 5775,8183 006

601932

3 7631 2TO

.098

.106

2944,918

1 0361,6333 4969 773

.29

.333* New series. For earlier data see p. 20 of the February 1933 issue, production of residual fuel oil and gas oil and distillate fuels, and p. 19 of the June 1933 issue, leather! Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: Consumption of gas and fuel oils in electric-power plants for 1932, p. 43,

May 1933, for 1933 revisions, p. 43 May 1934; production of residual fuel oils and gas oil and distillate fuels, stocks of residual fuel oil east of California, consumption of gaso-line, production of gasoline at natural gas plants and refineries, stocks of gasoline at refineries, consumption of kerosene and lubricating oil, and production of asphalt for1932, p. 56, November 1933; retail distribution gasoline in 41 States for 1932, p. 43, May 1933, for 1933, p. 43, May 1934; production of cattle and sheep and lamb hides, p. 44.April 1934; imports of total hides and skins and upper leather for 1932, p. 43, June 1933.

« Beginning Aug. 31, figures reported on the new basis, caused by transfer of 414,000 barrels from gas-oil and fuel-oil stocks.r New basis caused by transfer of 243,000 barrels from bulk terminal stocks and approximately 93,000 barrels transferred from refinery stocks.' New basis resulting from transfer of finished stocks to unfinished stocks and addition of stocks not previously reported.* See footnote on p. 35 of this issue. Imports also revised for 1933. Revisions for such months not shown above will appear in a subsequent issue.* Data revised for 1933. For revisions for months not shown above, see p. 20 of this issue.« ReA ised.



1934

July

1933

July August8tr October Novem-

berDecem-

ber

1934

1January | yU" March April May June

LEATHER AND PRODUCTS—Continued

LEATHER MANUFACTURES

Gloves and mittens:Production (cut), total dozen pairs

Dress and street ..dozen pairsWork _ dozen pairs

Shoes:Exports thous of pairsPrices, wholesale:

Men's black calf blucher,Boston . dol per pair

Men's black calf oxford, lace,St. Louis dol. per pair--

Women's colored calf, Goodyear welt, ox-ford, average dol. per pair--

Production, total thous. of pairsMen's _ __ _ thous. of pairsBoys' and youths'.. _ . thous. of pairsWomen's thous of pairsMisses' and children's thous. of pairsSlippers, all types thous. of pairs..All other footwear ... thous. of pairs. .

88

5 50

4.15

4.00p 28 061

294, 481142, 508151, 973

51

5 15

4.08

3.4533, 7498,3281,993

12, 5873,0524, 5133,276

316, 436168, 559147, 877

80

5 35

4.23

3.7737, 0199,1382, 103

14, 5213,2014,7353,321

281, 363141, 776139, 587

64

5.40

4.35

3.8531, 2347,6561,711

12, 0982,6704,1382,962

282, 249127, 317154, 932

58

5 40

4.35

3.8531, 4558,2931,827

10, 9992,4924,9862,858

228, 486100, 559127, 927

a 77

5 50

4.35

3.8523 6956,9091,5156,7831,9744,2562,258

178, 39857, 050

121, 348

78

5 50

4.20

3.9320, 0956,1861,1506,7651,8891,9552,151

171, 24269, 196

102, 046

40

5.50

4.15

4.0025, 7877,0461,342

10, 6392,5891,4242,746

41

5.50

4.15

4.0030, 1207,8451,481

12, 2453,0562,3273,166

100

5 50

4.15

4.0033, 3578,6691,503

14,0063,6863,5653,927

76

5.55

4.15

4.00a 34, 152« 8, 423« 1,506«13, 066» 3, 271« 3, 597M,288

~-

5 50

4.15

4.000 33, 8740 8, 2110 1, 540

a 12, 7760 3, 185« 4, 072« 4, 090

90

5 50

4.15

4.000 27, 783

7,5521,4589,3292,6173,7173,112

LUMBER AND MANUFACTURES

LUMBER

Exports, all types * • M ft.b.m..Retail movement:

Retail yards, Ninth Fed. Res. Dist.:Sales _M ft.b.m..Stocks, end of month .M ft.b.m..

Retail yards, Tenth Fed. Res. Dist.:Sales. M ft.b.m..Stocks, end of month... M ft.b.m..

Flooring

Maple, beech, and birch:Orders:

New M ft.b.m..Unfilled, end of month _M ft.b.m..

Production M ft.b.m..Shipments M ft.b.m..Stocks, end of month M ft.b.m..

Oak:Orders'

New. _M ft.b.m..Unfilled, end of month M ft.b.m..

Production M ft.b.m..Shipments. M ft.b.m..Stocks, end of month M ft.b.m..

Hard woods

Hardwoods (Southern and Appalachian dis-tricts):

Total:Orders:

New. mill.ft.b.m..Unfilled, end of month .mill.ft.b.m..

Production mill.ft.b.m..Shipments mill. ft.b.m. .Stocks, total, end of month. ..mill. ft. b.m..

Unsold stocks mill.ft.b.m-.Gum:

Orders, unfilled, end of monthmm.ft.b.m..

Stocks, total, end of month., mill.ft.b.mUnsold stocks mill.ft.b.m..

Oak:Orders, unfilled, end of month

mill. ft.b.m. .Stocks, total, end of month., .mill. ft.b.m..

Unsold stocks mill.ft.b.m..Northern hardwoods:

62, 452

6, 57460, 754

4,0925,6062, 4514,421

19, 059

6,9378,7647, 3017,713

64, 251

9822811694

1,9401,712

39447408

91623523

Production M ft.b.m.. 9,578Shipments _.. M ft.b.m.. 10,607

SoftwoodsFir, Douglas:

Exports :§Lumber • M ft.b.m.. 7, 190Timber M ft.b.m.. 3, 252

Orders: |New 1 M ft.b.m..Unfilled, end of month M ft.b.m..Price, wholesale:

No. 1 common ... dol. per M f t b mFlooring, 1x4, "B" and better

dol. per M ft.b.m..Production 1 M ft.b.m..Shipments ^ M ft.b.m..

18.00

37. 00

95, 235

« 8, 212« 59, 061

2,32629, 034

3,4854,9943,7614,326

14, 228

9,44513, 92417, 69313, 67642, 806

184240169203

1,7891,548

77427350

I

78, 192 75, 965

6,498 6.86860,344 ! 59,031

2,12429, 208

2,6435,3884,2523,386

17, 171

12, 85814, 56718, 44612, 79360, 946

128208165158

1,7891,581

80453373

83 ! 71545 554462 [ 482

7,382 11,37626,280 i 21,814

32,968 ! 24,93323, 308 16, 408

154,439 i 122,656218,900 ! 105,645

16.20 16.99

30.81 32.62196,070 188,460

2,17529, 156

2,2434,6222,7842,622

17, 723

6,34111,3779,3769,563

62, 415

128200150131

1,7281,528

65350285

78549471

9,57414, 290

27, 51516, 043

131,161112,807

16.91

33.79136, 980

184,879 1 184,431 | 141,904

"80,463 « 73, 065

7, 555 3, 87956,902 ! 55,606

2,43028, 428

2,16828, 190

3,7595,7553,1613,236

18, 610

8,13011,4566,9538,624

65, 029

128211143124

1,7401,530

76364288

76557481

10, 28513, 039

25, 36114, 854

2,4195,8892,3422,300

18, 546

12, 26312, 0666,989

10, 01763, 795

143234131124

1,7841, 550

97, 956

2,26656, 764

1,86227, 951

2,2194,7892,3533,234

18, 210

3,36510, 6556,8546,417

65, 234

71218135116

1,8701,652

48 44382 395334 352

92 85570 582477 496

10, 677 13, 29810, 686 9, 811

20, 373 30, 87111, 602 18, 975

1118, 179 164, 287116, 388

18.39

120, 86569, 385

123, 351

18 97 18 Sft

33.85 33. 71 37. 00132, 056 128, 027 111,017119,522 118,179 106,093

96, 969

3,14758, 837

2, 26827, 665

3,6294,6562,4863,665

19, 349

5,42310, 2456,9005,137

65, 051

9823012490

1,8871,657

46411365

85584499

15, 17811, 162

27, 59910, 094

119, 970142, 352

18.56

37.00109, 22681, 472

0 Revised.* New series. For earlier data, see p. 20 of the November 1932 issue, lumber exports.§ Data revised for 1932, see pp. 44 and 45 of the June 1933 issue.1 Data for August and November 1933, March and June 1934, are for 5 weeks; other months, 4 weeks.v Preliminary.

70, 282

3,07760, 533

1,79227, 493

4, 7635,6672,9643,665

18, 666

28, 238

83, 453 109, 919

2, 994 4, 44061,827 ! 62,857

2,059 1 2,30028,351 ! 28,052

6, 438 3, 0377, 167 5, 5984, 596 4, 2264, 643 4, 303

18, 828 19, 195

682 5, 80029, 788 17, 005 12, 415

7, 737 8, 919 10, 3608,112 13,711 9,476

65, 285 62, 532 63, 938

124 135 150240 239 265128 120116 128

1, 891 1, 8621, 651 1, 623

46 48414 425368 377

88 90588 582500 492

16, 733 19, 96513, 354 18, 086

25, 492 25, 38013, 876 20, 824

119, 970 145, 933144, 143 123, 103

19. 00 19. 00

37. 00 37. 00

135131

1,8561,591

48424376

110578468

17, 22718, 204

52, 95625, 256

141, 457152, 648

19.00

37.00132, 056 150, 857 152, 648111,912 131,161 136,980

i

60, 991 53, 879

6, 467 6, 65063, 800 62, 665

2, 268 2, 08327, 760 27, 734

i4,4375,9984,4804,512

19, 526

8,64611,1359, 5469,813

62, 635

3, 2835,7714, 1033, 573

20, 828

6,5219, 4268,9517, 965

63, 375

113 94241 232116 146124 109

1, 8611,621

1,9141, 682

44 41427 ! 442383

95580485

14, 58116, 919

14, 70110, 422

139, 666179, 059

18.00

37.00132, 056106, 988

401

95606511

12,89013,090

1,173426

83, 710153,991

18. 00

37.0077, 44368, 042


Monthly statistics through December 1931, | 1934together with explanatory footnotes and refer- Iences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey July

1933

July August SeP^- October Novem-ber

Decem-ber

1934

January Fea ' March April May June

LUMBER AND MANUFACTURES—Continued

LUMBER— ContinuedSoftwoods — Continued

Hemlock, northern:Production M ft.b.m._Shipments M ft, b m

Pine, northern:Orders, new _M ft.b.mProduction M f t b mShipments _ M ft.b.m

Pine, southern :Exports:

Lumber § M ft.b.m..Timber § M ft.b.m..

Orders:New . _ ... M ft.b.mUnfilled, end of month M ft.b.m..Price, flooring _ dol. per M ft.b.m

Production M ft.b.m..Shipments M ft.b m

Redwood, California : }Orders:

New M ft.b.m..Unfilled M ft b m

Production M ft.b mShipments _ M ft.b.m

FURNITUREHousehold:

All districts:Plant operations * percent of normal

Grand Rapids district:Orders:

Canceled percent of new ordersNew _. no. of days' production

Unfilled, end of monthno. of days' production..

Outstanding accounts, end of monthno. of days' sales. .

Plant operations f percent of normal..Shipments no of days' production

Southeastern district:Orders, unfilled, end of month

dol., average per firm..Shipments _ . dol., average per firm

Prices, wholesale:Beds _ _ 1926=100Dining-room chairs, set of 6 1926=100—Kitchen cabinets 1926=100Living-room davenports 1926 =100

Steel furniture. (See Iron and Steel Section.)

11,5506, 157

n, 3411 1, 2667, 482

26, 5029, 557

90, 79677, 59936. 55

99, 22296, 295

35. 0

5 09

9

1522.0

7

50, 31746, 943

71.590. 187. 579,4

2,77014 646

13, 59915 33514, 733

29, 5329,015

120, 35281, 031

28 57125, 935131 646

30, 64637 7069 497

31,843'

52. 0

3 0J5

17

2134.0

10

96, 95358, 191

66.189.574 176.7

2,73113 526

IQ 27012 829

23, 8438, 353

117, 53570, 74531 85

132, 539128 700

24, 01730 51115 39030 818

46 0

3 013

18

2530.0

13

79, 83195, 772

73 291.085 676.7

2,3559 690

11 84216 13912 925

24, 6865,915

98 42659, 97635 30

113, 504107 226

22, 34027 71117' 96324 758

55 0

5 012

18

2642.0

13

93, 89982 284

76 191.087 576 7

2,35017 775

10 2538 664

12 770

21, 6775,632

91 29855, 07337 93

103, 751Q0 329

23, 3069(3 3^522 15424 481

59 0

14 0g

12

2542.0

IS

36, 94376 705

76 191.087 581 7

2,99114 856

7 0951 3778 196

19, 0385,229

90 61754, 63738 14

103, 10895 057

39, 58139 81016 47525 733

42 0

16 07

9

2336.0

q

14, 14741 660

76 191.087 579 4

4,0536 987

6 9971 0296 456

21, 1567,431

73 16753, 06838 41

95, 98381 272

15, 22833 87216 73321 674

34 0

12 05

6

2033.0

7

11, 89419 698

76 191.087 579 4

3,6316 464

5 2241 578Q 192

20, 4154, 516

102 72076, 07438 11

106, 01988 198

13,93526 85319 93920' 349

31 0

4 010

10

1829.0

Q

37, 51837 943

76 190.187 579 4

6,3126 297

6 9052 3575 535

22, 6557,652

108 33690, 42538 21

112, 14199 193

20, 27827 ggg22* 90118 943

30 0

8 0Q

9

1828.5

7

34, 12351 145

76 190.187 579 4

6,4747 699

6 2724 9287 612

26, 5496,491

133 79487, 68138 16

124, 469117 391

26, 08332 22225 18421 755

30.0

7 08

9

1829.0

8

27, 62758 196

76 190.187 579.4

6,5887 631

5 9244 3566 384

27, 7353,725

110 34897. 49838 28

116,615108 320

19, 21730 69324 48 9

20 644

30 0

Q 55

6

1827.0

18,91146, 177

74 990.187 579 4

5, 6588 734

6 9708 933e' OQO

23, 1138, 885

121,02882,511

37 8G117,665192 20°

23, 30033 7402fi 19920 147

30. 0

8 0

1627.0

6

18, 93444, 612

73.290.187.579.4

10, 1598 72"

8 7941 1 1348 317

26, 6046, 506

100 86376, 32538 02

107.606115 4fil

17,95839 ~r;g25 sgQ19 402

32 0

7 o

1519.0

26, 36030 821

71 590. 187 579 4

METALS AND MANUFACTURES

17,676

34.21

1, 600196

l!o904, 432

29, 96125, 4614, 500

21, 86223,38827.6

27,591

18. 0018.94

88,31152,805 j

29.81

2,62681

«2. 481515

°3, 430

27, 77222, 9804,792

28, 45830,86536.3

29,155

61, 435106

15. 5016. 70

17.891,792

119, 37446,839

30.04

105

2,612159

3,9301,1325,101

30,15625, 2604,896

28,32331,811

36.630,195

56,070 |

16. 20 !17.16 |

18.59 i1,833 i

799706

L30

100

102136

205200504

449415034

23

744078>1.6402

21589

r.oor.87

).39522

164, 75546, 673

31.59

107

1,898151

3,4211,1204,543

36, 34531, 0445,301

19

19, 93324, 38128.4

20, 422

39, 75579

17.0017.84

19.391,356

157, 60028, 979

31.59

93

1,460107

918359785

36, 20030, 7945,406

5

20, 83021, 94425.0

19, 676

34, 41076

17.0017.84

19.391, 085

184, 57931,310

32.42

91

1, 59886

2006

34, 67329, 3465,327

3

26, 30521, 87025.6

22, 310

35, 50575

17.0017.94

19.391,182

178, 02322, 653

32.42

88

1, 65689

000

32, 97327, 7275,246

7

32, 50130, 41735.8

26, 642

41, 08587

17.0017.94

19.391, 215

151, 18425, 407

32.42

78

1,72864

000

31, 21626, 0405,176

2

36, 59433, 93940.1

31,412

46, 26089

17.0017.94

19.391,264

261, 2638,39

32.4

£

2,197

29,0424,064,98

42,9643,4349.

41,53

53,729

17.017.9

19.31,62

79

201, 539

34.18

105

2,470128

000

26, 58122, 0104,571

20

38, 45340, 742

47.939, 817

63, 270110

17.2518.36

19.641,727

241, 75329,465

34.77

114

2,958202

1.468'683

2,631

25,59821,2184,380

32, 63937,165

42.739. 493

67, 300117

18.0018.94

20. 392,043

219, 40624, 858

34.89

IEON AND STEEL |Foreign trade, iron and steel: I

Exports § long tons..I 233,186Imp9rts*# long tons..

Price, iron and steel compositedol. per long ton..

Sales, iron, steel, and heavy hardwareJanuary 1921 = 100..

OreIron ore:

Consumption by furnacesthous. of long tons. J.

Imports # thous. of long tons..'Receipts:

Lake Erie ports and furnacesthous. of long tons..

Other ports ...thous. of long tons..Shipments from mines..thous. of long tons_.Stocks, total, end of month

thous. of long tons..At furnaces thous. of long tons..Lake Erie docks thous. of long tons-.

Manganese ore, imports (manganese content) tthous. of long tons..

Iron, Crude, and SemimanufacturedCastings, malleable:*

Orders, new short tons..Production short tons..

Percent of capacityShipments short tons..

Pig iron:Furnaces in blast, end of month:

Capacity long tons per day..Number

Prices, wholesale:Basic (valley furnace)...dol. per long ton..!Composite pig iron dol. per long ton.JFoundry, no. 2, northern (Pitts.) j

dol. per long ton..-!Production thous. of long tons..'

* New series. Earlier data on furniture activity, all districts, not published. For imports of iron and steel, see p. 20 of the November 1932 issue, for castings, p. 20of the April 1933 issue.

§ Data revised for 1932. For revisions, see pp. 44 and 45, lumber and p, 45, iron and stesl, of the June 1933 issue. Data revised for 1933. For revisions of months not shownabove, see p. 20 of this issue.

t Revised. Earlier data not published.J Beginning with January 1934 the report includes all known operators. Prior to this time approximately 89 percent of the listed capacity was included.t Imports from Cuba not included.# See footnote on p 35 of this issue. Data revised for 1933, Revision ) h months not shown above will appear in a "subsequent issue.° Revised.

2,721188

3,1181,1514, 461

27, 04322.7004, 343

48

24, 49928,340

33.431,607

48,19089

18. 0018.94

20.391,930

September 1934 SURVEY OF CUERENT BUSINESS 47


1934

July

1933


berDecem-

ber

1934


METALS AND MANUFACTURES—Continued

IRON AND STEEL— ContinuedIron, Manufactured Products

Cast-iron boilers and radiators:Boilers, gas-fired:

Production thous of B t uShipments, quantity thous. of B.t.u..Shipmerits, value .dollars--Stocks, end of month thous. of B.t.u..

B oilers, range: tOrders:

New number of boilers. _Unfilled, end of month, total

number of boilers-.Delivery, 30 days or less

number of boilers _ _Delivery, more than 30 days

number of boilers. _Production number of boilers. _Shipments __ number of boilers ._Stocks, end of month. .number of boilers..

Boilers, round:Production thous. of lb__Shipments thous. of lb_.Stocks, end of month thous. of lb._

Boilers, square:Production thous. of lb__Shipments thous. of lb__Stocks, end of month. thous. of lb._

Boiler fittings, cast iron:Production short tons..Shipments short tons. _

Boiler fittings, malleable:Production short tons-Shipments short tons..

Radiators:Production- .thous. of sq. ft. heating surface. _Shipments thous. of sq. ft. heating surface..Stocks, end of month

thous. of sq. ft. heating surface..Radiators, convection type: *

New orders:Heating elements only, without cabinets or

grilles. -thous. of sq.ft. heating surface t-_Heating elements, including cabinets and

grilles, .thous. of sq. ft. heating surface t—Sanitary Ware

Bathroom accessories: tProduction number of piecesShipments number of pieces. .Stocks, end of month number of pieces. .

Plumbing brass. (See Nonferrous metals.)Plumbing and heating equipment, wholesale

price (8 pieces)* dollars..Porcelain enameled flatware:

Orders, new, total dollars..Signs dollars-Table tops dollars. .

Shipments, total. _ dollars..Signs - . -dollars. .Table tops dollars.-

Porcelain plumbing fixtures:Orders:

New, net number of pieces--Unfilled, end of month-number of pieces..

Shipments number of piecesStocks, end of month number of pieces. _

Vitreous-china plumbing fixtures:Orders:

New net number of piecesUnfilled, end of month. number of pieces ..

Shipments number of piecesStocks, end of month number of pieces__Steel: Crude and Semimanufactured

Bars, steel, cold finished, shipments.short tons..Castings, steel:

Orders, new, total short tons,.Railroad specialties short tons..Percent of capacity

Production, total __ _ short tonsRailroad specialties short tons-Percent of capacity

Ingots, steel: §Production thous of long tons

Percent of capacityPrices, wholesale:

Composite, finished steel.. dol. per lb__Steel billets, bessemer (Pittsburgh)

dol. per long ton. _Structural-steel beams (Pittsburgh)

dol. per l b__Steel scrap (Chicago) dol. per gross ton_.

U.S. Steel Corporation:Earnings, net thous. of dol..Shipments, finished products * long tons__

33, 576

9,738

7, 844

1,89433, 25533, 74633, 869

3 3333, 523

o 9<;9

2, 180

77

128

156 270150,739383 161

217.88

594, 146226 883110 079738, 460304 752106,273

1 7854.3901 954

30,762

1 10 °0997,710

115 899658, 788

1 ^73' ^27

. 0246

27.40

,01819.55

369," 938^

43, 85770, 78758, 252

495, 150

50, 300

25, 699

22, 245

3,45454, 42750, 39435, 668

4,1683,954

28, 335

14, 84812, 124

122, 118

4,4176,072

4,1074,499

3,3683,727

35, 346

55

173

235 443229, 858384 068

203. 56

692, 240236 173176 416643, 164194 766183, 603

3 2454,5372 933

10, 635

133 608241, 362211 749311, 183

36 538

29, 5057,562

2029 2406 304

20

3 16858

.0217

26.00

.016010.41

~701,322~

52, 73761, 44656, 558

486, 438

72, 351

35, 360

32, 229

3, 13164, 88762, 69037, 865

5, 4084, 357

29, 394

15, 24014, 685

121,451

6,0255,640

4,4363,876

5,3554,354

36, 317

64

173

263 940276, 601371 407

205. 78

672, 671236 017218 010698, 452239 526.244, 588

4 2405,4813 2119,' 716

180 379231,818189 923325, 530

46 312

28 9627,976

2031 1576 767

2 86449

.0217

26.00

.016010. 45

"668," 155"

52, 73761, 44656, 558486, 438

72, 351

35, 360

32, 229

3, 13164, 88762, 69037, 865

5, 4084, 35729, 394

15, 24014, 685121,451

6,0255,640

4,4363,876

5,3554,354

36, 317

64

173

263, 940276, 601371, 407

205. 78

672, 671236, 017218, 010698, 452239, 526.244, 588

4,2405,4813,2119,716

180, 379231,818189, 923325, 530

46, 312

28, 9627,976

2031, 1576J 767

21

2,86449

.0217

26.00

.016010. 45

"668," 155"

84, 66795, 76590, 566473, 506

37, 800

17, 744

16, 054

1,69056, 15155, 41638, 600

5,0766,13728, 548

15, 24820, 509117,419

4,4304,575

3,1472,667

4,3285,173

35, 614

68

163

227, 363231, 814366, 956

215. 02

638, 236233, 255166, 039620, 876203, 417182, 013

5,4527,2143, 5529,509

103, 475173, 019162, 274348, 233

35, 468

22, 7406,240

1625, 5585,' 025

17

2,28340

.0220

26.00

.01619.84

11,817575, 161

69, 68093, 86090, 742449, 326

34, 273

7,612

5,726

1, 88646, 36644, 40540, 561

5,8209,37425, 329

11,33624, 841104, 835

4,9914,965

2,8392,206

3, 2736,076

32, 926

137

172

348, 414357, 964357, 406

214. 96

609, 456264, 38482, 274618, 572251, 12097, 210

2,2426,2013,1359,402

46, 981120, 59799, 403414, 906

27. 877

23, 6086, 518

1625, 4595 978

17

2,08537

.0226

26.00

.01709.33

572, 897

24, 81347, 84346, 783426, 297

29, 174

6,905

5,407

1, 49828, 58929, 88139, 269

4.5315, 50024, 636

10, 62214, 622100, 784

4,6984,467

2,1841,680

2,9894,794

31, 249

123

160

191, 441182, 852365, 995

209. 82

668, 426446, 10144, 194536, 450219, 76250, 208

5,8319,2642,54810, 076

31, 37087, 76864, 199477, 474

21, 792

23, 4443, 974

1622, 6154^433

15

1,52127

.0226

26.00

.01708.56

430, 358

18, 26837, 60934, 155406, 956

30, 509

13, 307

6,275

7, 03222, 20527, 12533, 897

3,4143,15635, 005

9,0489,06489, 667

3,3443,592

1,5811,627

1, 6552,870

30, 029

95

96

94, 14188,297361, 424

204, 10

346, 459173, 67642, 609439, 693257, 02148, 538

1, 5988,9471, 56210, 071

35, 06780, 17342, 662579, 227

42, 036

23, 3784, 775

1621. 6094J912

15

1,79933

.0231

26.00

.01708.94

5,537600, 639

45, 788

20, 555

16, 454

4,10143, 46638, 54038, 823

4,8902,82335, 685

9,9808,30096, 896

4,9086,362

2,5703,414

2,2662,484

30, 295

126

60

169, 894174, 069357, 249

204. 17

391, 358165, 40262, 019472, 676238, 11062, 900

1,8188,7221,9099,162

56, 57781, 33455, 416643, 054

19, 409

1,97133

.0231

26.00

.017010.50

331, 777

88, 274

21, 725

19, 002

2,72380, 66887, 10432, 387

4,2463,08140, 012

11, 4288,710

104, 263

4,2373,572

2,6102,390

2,4092,307

30, 593

45

76

147, 407136, 027368, 629

204. 74

521, 796155, 005106, 895530, 096204, 81799, 155

1,5088,3201,7799,575

79, 10689, 87870, 688660, 658

25, 989

2,18341

.0231

26.00

.017011.00

385, 500

39, 974

14, 368

12, 044

2,32449, 10046, 30135, 186

4,9132,82740, 558

15, 2558,241

108, 077

4,1783,184

2, 7302,094

2,9232,182

31,365

77

97

167, 684161, 893374, 420

203. 50

731, 321197, 691105, 844715, 665231, 974114,041

1,4556,8882, 5948,951

60, 04575, 19874, 725

683, 797

27, 838

2,76146

. 0231

26.00

. 017012.13

6,579588, 209

39, 326

17,013

13, 101

3,91235, 96036, 68134, 465

3,9822.54442, 012

11, 9658,287

111,800

3,6673,564

2,4502,175

2,6632,682

31, 389

30

135

108, 593106,716376, 297

217. 40

817,818286, 555119,387722, 258215, 673117,335

1,7876,2762,0749,140

93, 68880, 45088, 436700, 419

28, 885

2,89853

.0240

26.75

.017011.75

643, 009

35, 683

11,338

8,688

2, 65041,02]41,35834, 128

4,1332, 65943, 585

15, 0148, 332

118,411

3, 5573, 604

2, 8562, 570

3, 9692,630

32, 775

45

95

233,176219, 629383, 646

216. 88

899, 506343, 340112,965842, 156302, 888110,862

1,8225, 2772, 35410, 422

116,52387, 095109,878693. 986

r;0, S'G9

3,35356

.0253

29.00

.018510.95

745, 063

0 34, 627

11,818

9, 150

2, 668« 34, 741« 33, 18034, 902

3,3422, 36144, 544

15, 49810,029123,956

3, 4953,586

2,4362, 445

3,9643,197

33, 537

52

122

222, 872223, 461383, 557

218. 91

« 736, 858266,811107, 398

« 826, 975307, 511116,601

1,7224, 8521, 769

10, 981

127, 557103, 400IH, 252677, 83C

29, 940

3,01653

.0253

29.00

.01859.75

21, 082985, 337

* New series. For earlier data, see p. 20 of the January 1933 issue price series and for United States Steel Corporation shipments, see p. 18 of the January 1934 issueEarlier figures on convection-type radiators not published.

t In equivalent direct radiation.t Revised series. For earlier data on bathroom accessories see p. 20 of the October 1933 issue, and for range boilers see p. 20 of the July 1934 issue.§ Data for 1933 revised; January production revision 1017, February 1073, March 898, April 1345, May 1976; percent of capacity, March, 15. For 1932 revisions, see p. 43

of the July 1933 issue.0 Revised.



1934

July

1933

July August Septem-ber October N^><^

1934



IRON AND STEEL— Continued !

Steel: Manufactured Products

Barrels, steel: 'Orders, unfilled, end of month number,.Production.. ... . . number .

Percent of capacityShipments niiToborStocks, end of month .. number .

Boilers, steel, new orders:Area thous. of sq. ft_.-Quantity number of boilers...

Furniture, steel:Business group:

Orders:New thous. of dol -Unfilled, end of month thous. of dol._

Shipments.. thous. of dol..Shelving:

Orders:New thous. of doL.Unfilled, end of month thous. of doL.

Shipments thous. of dol. .Safes:

Orders:New thous. of dol .Unfilled, end of month thous. of dol._

Shipments thous. of dol_.Lock washers, shipments thous. of dolPlate, fabricated steel, new orders, total

short tons..Oil storage tanks _ short tons .

Sheets, black, blue, galvanized, and full fin-ished:

Orders:New _. _. short tons _Unfilled, end of month short tons..

Production, total short tons _ .Percent of capacity

Shipments _ _ . short tons _Stocks, end of month, total short tons..

Unsold stocks short tonsTin and terne plate:*

Production thou^. of long tonsTrack work, production short tons..

MACHINERY AND APPARATUS

Air-conditioning equipment:Orders, new, total thous. of dol._

Air-washer group thous. of dolFan group . thous. of dolUnit-heater group thous . of dol . .

Electric overhead cranes:Orders:

New . thous. of dolUnfilled, end of month thous. of doL.

Shipments thous. of doL.Electrical equipment. (See Nonferrous metals.)Exports, machinery. (See Foreign Trade.)Foundry equipment:

Orders:New 1922-24 = 100..Unfilled, end of month 1922-24 = 100. .

Shipments 1922-24=100..Fuel equipment:

Oil burners:*Orders:

New .no. of burners..Unfilled, end of month. _no. of burners--

Shipments no. of burners..Stocks, end of month no. of burners..

Pulverized fuel equipment:Orders, new, storage system:

Furnaces and kilns... no. of pulverizers _.Water-tube boilers ...ne. of pulverizers ..

Orders, new, unit system:Fire-tube boilers _no. of pulverizers. .Furnaces and kilns—.no. of pulverizers..Water-tube boilers no. of pulverizers. _

Stokers, mechanical, new orders:Class 1 residential* numberClass 2, apartment and small commercial*

niiTnbprClass 3, general commercial and small com-

mercial heaters* numberClass 4, large commercial:*

NumberHorsepower

Machine tools:Orders:

New* 1926 = 100 .Unfilled end of month 1922-24—100

Shioments 1922-24= 100. _

684, 403519, 444

41.9528, 84731, 755

377455

8661,047

863

222191231

136200130

12,4132,028

72,51769, 47285, 286

26.285, 442

110, 40071, 362

5, 226

1, 157252500406

50.743.167. 2

7,7863, 3106,399

18, 724

00

00

15

34.7

647,924555, 404

41.0552 92328,668

611498

607541523

«183« 208"159

129213119156

20, 3916 013

174 191228 696188, 143

58 0174 145104, 81542 095

1882,982

794144437213

159349

75

48.835.838.3

9,9713,5198,778

10, 338

00

029

668

^3

81

17041 249

29.95936

534,549 | 539,846480, 670 519, 191

35.5 i 38.3470 632 524,71938, 706 33, 178

994 428511 447

837 869684 819693 734

194 142222 200179 164

120 93225 192107 126152 122

16, 320 16, 1662 581 1,033

158 830 145,320212 879 194, 223203 893 180,304

62 8 1 55. 5174 480 ! 163,634115 876 H5, 18351 293 53, 617

9QO ' 1953,425 3,845

913 873i 82 941 431 491| 399 287

i 43 i 77! 319 ! 303i 66 i 93

j

! 56.3 ' 34.935.3 32.049.7 , 41.5

i 13,518 15,2454,950 1 4,574

12,087 ! 15,62111,014 i 12,238

0 i 04 ; 0

i 3 23 2

11 ! 23

i i 199 2 102

! gg i 188

136 142

213 17640 644 29 042

i 31 8 30.9j 74 86

39 i 43

492, 072798, 981

58.9789, 47442, 685

427395

800794825

185239146

98158132118

17, 9641, 434

79, 141102, 262146, 106

45.0174, 829105, 33152, 353

1883,006

83064

373393

43195151

42.631.742.1

12, 2422,594

14, 22212, 696

00

317

1 896

208I U8

209

16225 464

i 37.210552

333, 443577, 017

42.6582, 29937, 403

287296

865764800

191234196

136147147118

14, 4663,734

88, 35494, 270

102, 58531.6

99, 499105, 95055, 495

1863, 087

74766

340341

9423454

36.629.638.3

5,8712,1136,352

13, 999

00

00

15

1 048

150

101

16829 891

45.9j 116i 63

597, 453556, 586

41.9556, 62737, 151

309328

964719

1,040

288231200

125151113170

13, 6922,160

110, 26392, 831

113,11134.9

111, 867101, 22051, 622

1752, 759

76050

363346

12027975

43.835.238.2

3,0671,6403,439

13, 684

10

018

715

115

90

11317 967

70.017869

527, 377662, 293

48.8660, 68838, 479

236249

1,059781997

260276215

131156126190

15, 8973,754

209, 463166, 182163, 622

50.4130, 878106, 31054, 922

852,811

62957

307265

3826054

37.233.833.4

3,2341,4763,259

14,882

0o004

53.7i 207i 63

500, 355521, 950

38.6520, 98739, 442

227212

1,023910894

274272279

143174126174

14.Q412,476

184, 355206, 292194, 830

60.0146, 905117, 23063, 600

1013,310

63152

282297

5221670

65.856.342.9

2,9411,6042,813

14,609

00

216

50.920597

726, 569620, 439

46.0628, 48531, 396

376294

1,020975956

396272395

158166166231

38, 9242,202

158, 244159, 672220, 282

67.8200, 701114,93457, 722

1644,446

881198353329

31947988

75.451.562.6

5,0151,6524,967

13, 797

00

045

48.1

820, 884589, 182

43.6590, 33730, 241

441380

9721,013

934

321246346

154157164246

20, 0852,998

272, 412251, 123214, 522

66.0184, 042135, 79653, 683

1606,132

1,097261533303

12352280

67.963.055.5

7,4792,4866,645

13, 627

02

20

12

46.5

865, 012431, 567

34.3426, 17535, 633

277304

1,039975

1,011

343301288

159160161238

21,8918,746

246, 315257, 845256, 537

79.0240, 730137, 51048, 714

1665, 764

1,153300490363

8951899

66.552.175.6

8,0032,6187,871

14, 988

20

010

45.9

935, 651612, 695

48.7607, 69241, 158

360415

1, 1151,0441,046

253200354

186194153201

« 27,39511,019

114,85574, 392

199, 43861.4

301, 832106, 95056, 666

1506,184

1,094241518335

84477123

70.457.864.3

5,4451, 9235,536

17, 823

00

I4

35. 3l1

a Revised.*New series. For earlier data see p. 20 of the December 1932 issue, tin and terne plate, p. 19 of the January 1933 issue, stokers, p. 20 of the July 1934 issue for new orders

machine tools (including forging equipment). Current oil-burner series available only back to January 1933 are based on reports from 149 concerns, See p. 48 of theMay 1934 issue for January, February, and March 1933 data.



1934

July

i1933 1934


berDecem-

ber January Febru-ary March April May June


MACHINERY AND APPARATUS— Con.

Pumps:Domestic, water, shipments:

Pitcher, hand, and windmill units-Power, horizontal type units

Measuring and dispensing, shipments-Gasoline:

Hand operated unitsPower units--

Oil, grease, and other:Hand operated ..units..Power.__ _ units.-

Steam, power, and centrifugal:Orders:

New _ thous. of doL.Unfilled, end of month thous of dol

Shipments _ thous. of dolWater-softening apparatus shipments unitsWater systems, shipments unitsWoodworking machinery:

Orders:Canceled thous. of dolNew thous. of doL.Unfilled, end of month thous. of doL.

Shipments:Quantity machinesValue _-- thous. of doL.

NONFERROUS METALS ANDPRODUCTS

MetalsAluminum:

Imports, bauxite # long tons..Wholesale prices:

No. 1, virgin, 98-99, N.Y dol. per lb_.Scrap, cast, N.Y dol. per lb_.

Babbitt metal:Production, total thous. of lb_.

For own use thous. of lb._Sales._. thous. of lb_-

Copper:Exports, refined § * short tonsImports, total § # short tons

Ore and blister short tonsPrice, electrolytic, N.Y dol. per lb_.

Gold. (See Finance.)Lead:

Ore:Receipts in U.S. ore short tonsShipments, Joplin district short tons..

Refined:Imports # short tonsPrice, pig, desilverized, N.Y dol. per lb._Production short tons..Shipments, reported short tonsStocks, end of month _. short tons

Silver. (See Finance.)Tin:

Consumption in manufacture of tin andterneplate* long tons

Deliveries . long tonsImports, bars, blocks, etc. # long tonsPrice, Straits, N.Y dol. perlb_.Stocks, end of month:

World, visible supply long tonsUnited States long tons

Zinc:Ore, Joplin district:

Shipments . _ short tonsStocks, end of month short tons

Price, slab, prime, western (St Louis)dol. per lb._

Production, total (primary) §... short tons..Retorts in operation, end of mo number. .Shipments, total § short tons

Domestic § short tons..Stocks, refinery, end of month §. short tons..

Elcctrieal Equipment

Conduit, nonmetallic, shipments thous. of ftDelinquent accounts, electrical trade. (See

Domestic trade.)Furnaces, electric, new orders kilowatts.-Electrical goods, new orders f (quarterly)

thous of dolLaminated phenolic products, shipments

dollars ._Mica, manufactured:

Orders, unfilled, end of monththous. of doL _

Shipments thous. of doL.Motors (direct current):

Billings (shipments) dollars..Orders, new dollars. .

Panelboards and cabinets, shipmentsthous. of dol._

27, 851891

4883, 193

5,242488

541

13, 249

.2095

.0938

1,940552

1,388

25 32414 78014, 724.0878

1,518

1 719.0377

27, 35429, 479

240, 595

3 5754,900.5192

16, 3136, 461

11,82013 368

.043224, 94330, 32426 95026, 95097, 682

479

667, 198

57106

44, 036524

1,4646,733

20, 702646

7321,475

517197

7,560

5370369

228322

12, 732

.2290

.0663

2,485544

1,941

12 59214, 64414, 642.0864

17, 8772,908

58.0445

18, 52645, 177

171, 275

2,9206 5408,449.4638

38, 0434,549

22, 11114, 621

.048830, 86525, 83645, 59945, 577

108, 157

2,194

783

578, 503

148118

219,601376, 758

165

42, 713509

1,1905,197

15, 621774

7861,616

642232

7,563

1333346

219337

8,304

.2290

.0738

2,754694

2,060

12 95514, 33514, 319.0877

21, 9584,093

674. 0450

18,61136, 054

160, 211

3,1108 020

0 9, 166.4474

33, 5345,788

26, 60510 496

.049233, 51027, 22042 40342, 38199, 264

2,803

936

608, 788

124130

289, 101453, 476

167

34, 051396

8513,683

10, 5881,005

7711,775

609329

6,084

6309306

238337

16, 262

.2290

. 0738

2,419615

1,804

12, 12717, 40317, 343.0875

26, 3695,333

0 84.0450

28, 02129, 129

166,201

3,0305, 1055,885.4665

30, 1626,003

28, 95214, 064

.047033, 27925, 41634, 27934, 27998, 264

1,293

1,452

98, 768

585, 454

136106

255, 170253, 015

148

24, 468505

3791,751

7,889916

6381,798

608227

4,378

8240262

202273

21, 636

.2290

.0738

2,091536

1,555

10, 7338,1648,164.0795

29, 8473,495

645.0431

35, 39933, 314

174, 721

2,9206, 0356,895.4792

27, 9406,664

24, 63713, 787

.047535, 14126, 82037, 98137, 93795, 424

1,069

664

561, 984

157111

238, 047272, 973

162

20, 178427

2741,103

6,517683

6071,714

687200

3,045

26214256

131192

13, 633

.2290

.0738

1,964357

1,606

13, 10815,33815, 334.0788

28, 9412, 224

933.0429

38, 45930, 719

187,814

2,8803,3503,335.5307

26, 0756, 769

19, 08315, 514

. 045232, 58228, 14226, 78326, 783

101, 223

1,252

981

493, 125

107100

295, 298283, 037

191

17, 539395

2621,356

3,003342

5451,526

704196

2,631

8209215

143243

7,958

.2290

.0788

1,459416

1,043

<» 15,96218, 29018, 287.0789

27, 4711,590

1,732.0414

36, 64926, 034

203, 061

2 7103,1304,425.5287

23, 8127,504

28, 25512, 000

.044632, 02227, 19027, 68527, 663

105, 560

814

829

88, 544

438, 483

124120

414, 804375, 719

205

21, 242317

4881,262

4,468411

663

248

9279277

136213

14, 365

.2290

.0836

2,256417

1,839

14, 45916, 09215, 700.0789

25, 5921,524

826.0400

34, 81833,911

207, 674

1,3203,310

0.5188

22, 4768,209

20, 80219, 428

.042732, 95428, 74426, 53226, 488

111,982

1,606

1,147

601, 395

14299

220, 776235, 394

148

32, 734450

6591,890

5,323621

469

8286303

199244

13, 936

.2095

.0981

2,147431

1,716

19, 3955,7855,533.0778

22, 1371,404

0.0400

31,89225, 778

216,224

1,5702, 9401,944.5162

21, 6947,014

21,60014, 778

.043830, 17230, 76332, 36132, 361

109, 793

1,097

1,422

566, 490

112121

309, 232215, 558

152

30,620639

8341,894

5,119404

727

6292250

199342

13, 534

. 2095

.1025

2,474498

1,976

24,21025, 38224,729.0778

24,3753,597

1,928.0400

31, 37930, 365

221, 465

2,5403,8353,569.5374

20, 4236,459

26,48717. 211

.043733, 72126, 95232, 75332, 750

110, 761

1,111

1,462

92,302

844, 449

78158

274,937337, 280

192

26,887553

6852,745

6,678613

654

256263

143247

10, 576

.2095

.1069

2,528564

1,964

24, 92513, 72413, 418.0817

24. 0052,933

955.0418

28,72330, 673

222, 892

2,4804,4053,307.5560

17, 7045,649

25, 68916, 562

.043730, 56226, 69231, 94831, 948

109, 375

1,488

1,415

780, 160

78111

287, 031245, 784

197

29, 848777

6923,327

6,960608

665

244225

172292

16, 685

.2095

.1106

2,426536

1,890

22, 30615, 24715,011.0828

25, 7293,390

1,537. 0414

34, 74129, 316

233, 245

2,5704,4103,932.5352

17, 3715,089

25, 30017, 922

. 043530, 99227, 19335, 63535, 635

104, 732

1,981

« 1,090

760, 788

63147

280, 771321, 483

225

34, 320715

7732,712

5,526579

703

3237233

123220

13, 394

.2095

.1003

2,262643

1,619

30 72123, 22623, 221.0859

22, 369« 5, 082

1,662.0398

29, 69528,276

238, 181

2,3303,8454,242.5122

17, 2515,094

34, 93421, 788

.042425, 14331, 28430, 18630, 13899, 689

1,551

484

128, 034

804, 870

53114

335, 307366, 613

204

• New series. For earlier data, see p. 20 of the December 1932 issue.• Revised.t Revised series. For earlier data see p. 19 of the August 1933 issue.• Data on exports revised for 1933. For revisions of months notshown above see p. 20 of this issue.

§ Data for 1932 revised. For revisions see p. 48 of the June 1933 issue, exports ofrefined and total imports of copper; for revisions of 1933 on zinc, see p. 49 of theFebruary 1934 issue.

# See footnote on p. 35 of this issue. Data for 1933 revised. Revisions for suchmonths not shown above will appear in a subsequent issue.



1934

July

1933


berDecem-

ber

1934

January Febru-ary March April 1 May June


NONFERROUS METALS ANDPRODUCTS— Continued

Electrical Equipment— Continued

Porcelain, electrical, shipments:Special... _. dollars--Standard dollars. _

Power cables shipments thous of ftPower switching equipment, new orders:

Indoor. _ ._ dollars..Outdoor dollars..

Radiators, convection type. (See Iron andsteel.)

Reflectors, industrial, sales units..Vacuum cleaners, shipments:

Floor cleaners number..Hand cleaners * number

Vulcanized fiber:Consumption thous of IbShipments thous. of dol_.

Welding sets, new orders:Multiple operator units. .Single operator units..

Miscellaneous ProductsBrass and bronze (ingots and billets):

Deliveries net tonsOrders unfilled end of month net tons

Brass, plumbing:Shipments* ._ number of pieces..

Brass sheets, wholesale price, milL.dol. per lb_.Copper, wire cloth:

Orders:Make and hold-over, end of month

thous. of sq. f t ._New _ thous. of sq. ft..Unfilled, end of month thous. of sq. ft..

Production -.thous. of sq. ft ._Shipments thous. of sq. f t_ .Stocks, end of month thous. of sq. f t_ .

Fire-extinguishing equipment. (See auto-mobiles.)

337

40, 06512 025

1 839316

693, 91 1.145

49282423281300718

45, 92230, 498

245

26, 00065, 354

46, 453

35,00010, 673

2,032434

2200

5 60115, 657

1,112,013.140

272379735400477738

59, 12047, 342

344

27, 61365, 875

49, 945

43, 91613, 198

1,948446

6143

5 02714, 664

1,060,739.147

289491729444492682

53, 04637, 186

313

27,91181, 635

50, 484

61,34018, 317

1,963412

0147

4 38614, 065

844, 606.148

249362657460466680

59,02825, 118

404

28, 61947, 550

59, 451

59, 24615, 945

1,876406

0141

3 76413, 678

695, 863.148

107316603459489636

51, 73623, 738

312

27, 17838, 321

47, 770

62, 00013, 856

1,798353

9176

2 66313, 465

526, 883.148

97325568391351657

42, 43314, 657

173

31, 34739, 083

53, 768

60, 00018, 357

1,591313

4306

2 14514 447

347, 988.139

93249460364339698

30, 42620, 543

177

32, 28938, 002

49, 978

45, 00614, 802

1,741313

4219

552, 353.138

80368459356312714

28, 56817, 244

180

33, 12243, 075

45, 604

54,00011 908

1 464294

4252

660, 820.138

76307451324311714

43, 43322, 403

390

33, 90392,297

48, 456

78,47523 461

1 908387

2335

799, 592.138

63691798430384748

40, 37427, 666

321

35, 47586, 788

52, 453

65, 52618 759

1 767357

9332

704, 816.140

56314745418378788

42 30722 169

312

33 283115 806

57 641

65, 21391 738

1 912*432

1395

788,911.143

51279622350325814

51 35921 539

363

27 61190, 477

46 681

50, 34820 014

1 833451

1333

740, 222.144

48238461343401725

PAPER AND PRINTING

Chemical: WOOD ™LP

Consumption and shipments, total tshort tons

Soda short tonsSulphite total short tons

Bleached short tonsUnbleached short tons

Sulphate short tonsImports t # short tonsPrice, wholesale, sulphite, unbleached

dol. per lOOlb..Production total f short tons

Soda short tonsSulphite total short tons

Bleached short tonsUnbleached short tons

Sulphate short tonsMechanical (ground wood) : f

Consumption and shipments short tonsImports # short tonsProduction short tons

Total paper: PAPEB

Production f short tonsShipments t short tons

Book paper:Orders, new:

Coated percent of normal production..Uncoated percent of normal production

Orders, unfilled:Coated number of days' productionUncoated number of days' production..

Production f short tonsPercent of capacity ._ .. .. .

Shipments f short tonsNewsprint :j££

Canada: ^ g|Exports short tonsProduction short tonsShipments from mills. short tons..Stocks, at mills, end of month. .short tons..

United States:Consumption by publishers short tons..Imports #. short tons..Price, rolls, contract, destination, N.Y.

bases dol per short tonProduction, total short tons..Shioments from mills short tons .Stocks, end of month:

At mills... short tons..At publishers short tonsIn transit to publishers short tons..

150, 031

2. 10

21 037

212 845208, 238199, 92655, 099

197, 227

40 0076, 18470, 133

30, 174

271, 53331,428

120 66579, 94240 723

119,440* 178, 606

1.64269, 16630, 365

120, 30981,07739, 232

118 492

113,21523,612

105,316

923, 842941, 341

5259

68

92 060

97, 860

167, 303«182, 5310 183, 802«41,918

132, 482« 163, 434

40 00"80, 396«82, 925

«36, 146157, 11826. 278

307, 19232, 345

134 88465, 91968 965

139, 963194, 641

1.75309 06533, 039

134 93465, 20269, 732

141 092

116 27521,354

103, 540

925 347921, 401

6170

710

98 842

98 644

165, 880196, 036196, 13641, 826

127, 837151, 210

40 0087, 95786, 077

21, 407171,01130. 934

298, 68031,261

143 91274, 39769 515

123, 507192, 338

1.79303 19531, 834

146 48078, 39568, 085

124 881

99 72624, 90992 083

852 366854, 959

5268

79

99 746

100 943

177, 806179, 655183, 99437, 237

134, 306177, 750

40 0072, 09174, 139

19, 152177, 73234. 214

303, 62032, 637

147 78367,77080 013

123, 200191, 019

1.91306 57633, 000

150 25368 52481, 729

123 323

102 65430, 966

103, 274

797 014789 048

5358

66

90 708

89 710

171 947188, 827187, 73438, 41f

152, 098175,711

40 0082. 05281, 580

18, 991178, 15936. 679

267, 38328 081

144 47254, 41290 06094, 830

218, 833

1.95275 40528, 831

149 80957, 15592, 65496 765

108 45625, 912

108 024

785 374754, 153

5263

57

90 534

88 271

162, 293204, 136211,52030, 858

154, 934176, 766

40 0087, 56786, 829

19, 676184, 87540. 746

278, 55133 897

153 57965, 05088 52991, 075

°158, 815

1.95275 70034, 448

151 43464, 72686, 70889 818

105 101°15,872107, 465

738 266733, 585

5059

77

85 419

88,580

185, 637175, 304172, 28533, 847

148,427168, 787

40 0080, 89582, 031

18, 566199, 84537, 557

139, 835

2.10

14, 713

5154

65

187, 821188, 381186, 80534, 711

140, 955168, 752

40.0084, 89784, 629

17, 784208, 89534, 737

144, 133

2. 10

11,408

5761

55

131,919174, 447169, 05440, 445

153, 958124, 584

40.0071, 54468, 127

22, 060192, 80838, 345

109, 405

2.10

9,239

6764

5

239, 443211,819207, 90642, 973

156, 721168, 839

40.0084, 96688, 078

18, 630192, 33545, 749

77, 150

2.10

14, 243

6363

65

157, 031216, 510220, 76937, 247

160, 815196, 490

40.0080, 50583, 196

22, 335202, 46743, 432

125, 486

2. 10

17, 555

5961

54

222, 071242, 490236, 76442, 459

193, 088204, 036

40.0089, 72689, 957

20, 337216, 06146, 200

136, 947

2. 10

11,051

6759

54

202, 177229, 637225, 44948, 782

154, 175200, 004

40 00a 82, 260« 78, 480

24, 080241, 13628. 915

* New series. For earlier data on hand vacuum cleaners see p. 20 of the August 1934 issue. Data prior to July 1931 not published on brass plumbing fixtures.t Revised series. For earlier data see pp. 18, 19, and 20 of the November 1933 issue for chemical, mechanical wood pulp, and total paper; p. 49 of the June 1933 issue for

1932 for chemical wood pulp imports; and p. 19 of the December 1933 issue for book paper.* See footnote on p. 35 of this issue. Data for 1933 revised. Revisions of such months not shown above will appear in a subsequent issue.* Revised.



1934

July

1933


berDecem-

ber

1934

January Febru-ary March | April | May June

PAPER AND PRINTING—Continued

PAPER— ContinuedPaper board: *

Production. .short tonsShipments short tons

Box board: §Consumption, waste paper short tons..Orders:

New _ .short tons..Unfilled, end of month short tons__

Production short tons..Operations, percent of capacityShipments short tonsStocks, end of month short tons..Stocks of waste paper, end of month:

At mills short tonsIn transit and unshipped purchases

short tonsWriting (fine) paper: t

Production short tonsPercent of capacity

Shipments! short tonsWrapping paper:

Production! short tons .Percent of capacity

Shipments! - -. _ short tonsAll other grades:

Production! short tonsShipments! . short tons _

PAPER PRODUCTSAbrasive paper and cloth, shipments:

Domestic reams--Foreign _ _ _reams--

Paper board shipping boxes:Operating time total percent of normal

Corrugated . percent of normalSolid fiber percent of normal

Production total thous of SQ ftCorrugated thous. of sq. ftSolid fiber thous of sq ft

PRINTINGBlank forms, new orders thous. of sets..Book publication, total.. .number of editions..

New books number of editionsNew editions number of editions

Operations (productive capacity) .__1923=100_.Sales books

Orders, new thous of booksShipments -thous. of books-.

46, 0508,100

63, 13348538699

11, 42211,357

364, 253368 624

204, 640

268, 546128, 638283, 272

79.0246, 99466, 371

77, 527

23,816

52 53783

52 274

152, 334106

153, 857

179, 788183, 204

59, 7846,945

9110065

631, 484513, 490117 994

72, 09966055410663

13, 07811, 097

368, 464371 043

226, 455

307, 321118, 298312,747

77.3252, 03663, 965

82, 838

21, 857

53 94378

53 727

160, 982105

161, 143

153, 973149, 662

67, 4426,739

909770

600, 157481, 396118 761

94, 2445724918184

13, 36411,950

349, 903349, 553

187, 837

238, 771105, 423252, 452

70.7226, 33665, 110

105, 471

20, 245

42, 76776

41, 441

140, 33498

136, 826

143, 470147, 918

61, 6566,699

818764

566, 267452, 869113 398

60, 00982469912568

10, 95810, 483

301, 868307, 000

161, 595

185, 02662, 177

228, 41660.1

191, 98963,315

119, 809

15, 374

46, 63670

43,232

129, 65889

123, 045

142, 792141, 221

80, 3667,823

717849

493, 888395, 81498 074

69, 31875464311171

9,69711, 627

292, 741276 348

145, 307

199, 05955,080

206, 93354.1

175, 14870,263

137, 287

30 143

40 95861

38 378

109, 74275

109, 303

160, 313151, 496

44, 5958,972

637040

422 365335, 55186 814

69, 32965254510774

9,34110, 538

265, 468264 672

121, 703

169, 11648, 920

176, 33747.1

152, 71264,965

150, 645

20, 577

43,23665

39, 993

99, 25970

100, 053

157, 350151, 528

29,58111, 733

566337

378, 189303, 10175 088

60,08388276411874

11, 2019,668

170, 763

218, 16963,328

230, 31157.3

187, 55777, 825

176, 761

27, 679

41,3119,450

62,6424703937772

9,43011,219

176,423

234,31875, 143223,366

63.5192,68575,687

193,321

36, 865

46, 23510, 947

60, 7896305399174

9,7339,932

222, 074

264, 98586, 033

254, 81963.4

221, 11484,326

204, 259

31, 296

56,81115, 322

72,20480667712976

12, 13510, 953

191, 545

230, 75476, 578

244, 33466. 1

213, 95682, 190

213, 308

28 443

57, 0977, 312

70, 2095854919476

9,78210, 655

167, 978

225 95780, 958

223, 47855.4

197, 543a 74, 670

223 262

27 882

58. 121LI, 854

72, 167542457S578

11,65011,395

205, 418

214 23672, 990

224, 21457.1

190 89670, 711

219 847

15 950

54, 1858,030

92, 18269856413471

11,12711,470

RUBBER AND RUBBER PRODUCTS

CRUDE AND SCRAP RUBBERCrude:

Consumption, total long tonsFor tires J! _ . ._ . long tons _

Imports, total, including latex ! #.!ong tons.Price, wholesale, smoked sheets, N.Y.

doL per lb..Shipments, world . long tonsStocks, world, end of month ! long tons..

Afloat, total long tonsFor United States long tons..

London and Liverpool long tons..British Malaya . . . long tons .United States! long tons. _

Reclaimed rubber:Consumption long tons.-Production long tonsStocks, end of month_ long tons_.

Scrap rubber:Consumption by reclaimers long tons...

TIRES AND TUBES JPneumatic casings:

Production thousands _Shipments, total thousands

Domestic thousands.-Stocks, end of month thousands

Solid and cushion tires:Production . _ thousands--Shipments, total thousands_-

Domestic thousandsStocks, end of month thousands

Inner tubes:Production „ thousandsShipments, total thousands--

Domestic thousands--Stocks, end of month . thousands .

Raw material consumed:Crude rubber. (See Crude rubber.)Fabrics thous. of lb_..

30 035

42, 674

.14665, 000

676, 88297 33657, 336

105, 989106 448365, 000

7,0069 446

22, 035

v 3, 278P 4 050•p 3, 974p 9, 168

p 19P 17•p 16v 32

p 3,410P 4, 150p 4, 091v 7, 858

43, 66028,98945, 243

.07874, 000

619, 75296, 79471, 79499, 90688, 199

334, 853

7,64211, 3269,311

4,5714,3984,3245,475

15141321

4,4824, 1694,1105, 152

18, 709

39, 09725, 45745, 413

.07375, 462

603, 71188, 35566, 35596, 66185, 573

333. 122

6,99011, 0059,924

3,9953,7663,6745,656

16131324

3,9333,7503,6855, 303

16, 821

31, 04720, 16146, 255

.07374, 000

619, 01997, 46871, 56895, 02285, 207

341, 322

5,8189,809

10, 473

37, 638

3,1992 8032,7146,076

15141324

3 0702,7782,7195 607

13, 592

27, 75817, 98446, 034

.07684, 000

628, 127101, 53073, 21089, 76681, 758

352, 782

5,3378 898

11, 713

2,7432,0301,9436,769

12111126

2 8052,1412,0796 265

11,116

25 37115,71241, 821

.08678, 111

646, 423109, 95571, 42587, 98485,231

363, 253

4,6888 519

12, 652

2,4321 7581,6867,397

1198

28

2 2901 6821,6366 900

10, 447

25, 30615, 47140, 751

.08887, 801

644, 898109, 50869, 50886, 50587, 185

365, 000

4,4048,966

13, 692

33, 486

2, 4662,8252,7267,110

11131226

2 1052,7282,6566 252

9,986

35, 15926, 76749, 088

.09382, 000

643, 35592 21057,21090, 32088, 215

372, 610

5,6009,238

17, 227

3,8043,1263,0439(394

14141330

3,4453,1033,0458,151

16, 437

36, 54828, 30435, 220

.10485, 000

652, 690103, 32966, 32992, 51992, 210

364, 632

6,4238,934

16, 770

4,2053,1863,106

10, 403

12131228

3,9563,2243,1648,892

13, 721

43, 32933, 76642, 253

.10983, 000

653, 000105, 40368, 40394, 33796, 499

355, 254

8,32810, 79018, 333

33, 052

5,0254,0963,966

11, 301

1515

• 1428

5,0393,9953,9069,937

20, 927

40, 90231,21945, 175

.12684, 000

°647, 993108 31470, 31496, 13497, 146

351, 759

7,69710 18518, 508

4,6274 3054,212

11,621

16141330

4,5934,2124,141

10 267

19, 371

39t 57130, 19549, 901

.133"115, 000°659, 865112,40172, 40196, 21496, 971

354, 909

7,98010, 84819, 454

4,3235, 1725, 049

10, 793

19181729

4, 2284,7554,6639,741

18, 785

36, 62027, 61148, 748

.13470, 000

660, 69998, 37358, 37399, 733

102, 045"360, 548

7,61510, 82019, 641

4,2125,0714,9569,913

21191931

3,9745,1505,0588,532

7,81a Revised.! Revised series. For earlier data sea 01. !^ nnd 20 of the December 1933 issue for writing, wrap nn", and other grades of p'iper; for 1932 revisions, p 50 of the June 1933

issue for crude rubber imports; and for 1932 revision, p. 50 of the May 1933 issue for world and United States stocks. Dati on consumption of rubber for tires revised for1932, 1933, and 1934. For revisions see p. 51 of the Aug. 1934 issue.

§ Earlier data on box board not available, prior to January 1933.J Data for 1934 are estimated to represent approximately 97 percent of the industry; data are estimated to cover 79 percent of the industry for 1929-33. inclusive, and

75 to 80 percent prior to 1929.# See footnote on p. 35 of this issue. Data for 1933 revised. Revisions for months uot shown above will appear in a subsequent issue.* New series. See p. 19 of the December 1933 issue.v Preliminary,



1934

July July August

1933

Str October N^-jDSSr January Febru-ary

18

March

34

April May June

RUBBER AND RUBBER PRODUCTS—Continued


Rubber bands, shipments.. thous. of lb._Rubber clothing, calendered:

Orders, net— .number of coats and sundries. .Production number of coats and sundries

Rubber-proofed fabrics, production, totalthous of yd

Auto fabrics.. thous. of yd..Raincoat fabrics thous. of yd..

Rubber flooring, shipments.. -thous. of sq. ft_.Rubber and canvas footwear:

Production, total thous. of pairsTennis . thous. of pairsWaterproof thous. of pairs-

Shipments, total thous. of pairs..Tennis thous of pairsWaterproof - thous of pairs

Shipments, domestic, total thous. of pairsTennis _ thous. of pairs. .Waterproof thous of pairs

Stocks, total, end of month thous of pairsTennis .. thous. of pairsWaterproof thous. of pairs..

Rubber heels:Production thous of pairsShipments, total * thous of pairs

Export thous. of pairs..Repair trade thous. of pairs..Shoe manufactures thous. of pairs..

Stocks, end of month thous. of pairs..Rubber soles:

Production. thous. of pairs..Shipments, total* thous. of pairs..

Export thous. of pairs ..Repair trade thous of pairsShoe manufactures _ thous. of pairs

Stocks, end of month thous. of pairs _.Mechanical rubber goods, shipments:

Total thous. of dol..Belting thous. of dol-_Hose. thous. of dol._Other thous. of doL.

220

526

15,90315, 656

3464,485

10, 82538, 997

3,OS23,277

2290

2,9844,933

307

10, 55038, 451

5,992584

3,301255

3,8241,4962,3274,3332,2512,0824,2532,1812,072

13, 5173,8329,685

21, 49620, 116

2936,184

13, 63819, 861

5,1545,024

4436

4,5842,333

4,1911,1871,4281, 575

260

21, 52541, 610

5,136466

2,791319

5,3191,8983,4215,1261,6403,4875,0431,5753,468

13, 7494,1349,616

22, 63218, 410

2827,352

10, 77524, 123

5,1774,392

8579

3,8063,011

3,892975

1,2981,619

208

27,94837, 371

3,948375

2,483252

4,8271,3793,4486,0611,2614,8005,9931,2154,778

12, 5124,2528,261

19, 62114, 809

3064,6359,868

28, 637

4,3513,803

2813,5183,645

3,675882

1,2061,587

188

23, 52641,612

3,740317

2,393329

5,9311,7394,1935,634

6794,9555,591

6564,935

12, 8065,3127,495

19, 10314, 157

3403,765

10, 05233, 750

4,2443,678

9333

3,3364,286

3,275808

1,1171,350

185

14, 87838, 342

2,458318

1,165268

15, 95511, 287

3374,5526,398

38, 436

4,0542,763

2409

2,3515,559

2,836607

1,0131,216

186

13, 81827, 074

1,682306628211

13, 62512, 738

3223,2159,201

37, 528

4,4964,527

2814,2444,281

2,848627

1,0151,206

303 220

13, 811 15, 24621, 777 20, 062

2, 488 3, 194257 301939 1, 429273 393

262 342

19, 963 15, 61511,364 | 13,795

3,575 ! 3,877434 575

1,527 i 1,670490 437

14, 82613,463

4322,833

10, 19842, 587

5,4995,594

5388

5,2015,090

3,479699

1,2971,483

16, 29320, 544

1759,273

11, 09638, 986

5,7115,804

1617

5,1865,010

3,491757

1,1471,587

19, 90319, 294

3476,605

12, 19939, 592

5,7265,770

5325,2354,838

4,437830

1,5002,108

17, 80216, 991

3284,673

11, 99139, 961

5,0184,739

5275

4,4594,989

4,297863

1,4981,937

293 238

3,908594

1.778540

3, 156478

1,320

19, 60320, 120

1376,928

13, 05539, 763

5,0404,881

1493

4,3875,360

4,589959

1,7901, 840

19, 41220, 513

4263,946

16, 14238, 446

4,7725,050

10241

4,7994,955

1

STONE, CLAY, AND GLASS PRODUCTS

BRICK §

Common brick, wholesale price, red, N.Y.dol. per thous .-

Face brick (average per plant) :Orders, unfilled, end of mo. -thous. of brick..Production (machine)* . thous. of brick--Shipments thous. of brick--Stocks, end of month J thous. of brick. _

Sand-lime brick:Orders, unfilled, end of mo thous. of brick ._Production thous. of brick--Shipments by rail thous. of brick..Shipments by truck thous. of brick--Stocks end of month thous of brick

PORTLAND CEMENT

Price, wholesale, composite .dol. per bbL.Production --thous. of bbl..

Percent of capacity _Shipments thous. of bbL.Stocks, finished, end of month. .thous. of bbl_.Stocks, clinker, end of month thous. of bbl._

GLASSWARE, ETC.

Glass containers: fProduction -thous. of gross -_

Percent of capacityShipments thous. of gross..Stocks, end of month .thous. of gross. _

Illuminating glassware:*Orders:

New and contract number of turnsUnfilled, end of month. .number of turns. -

Production number of turns..Shipments:

Total number of turns..Percent of full operation

Stocks, end of month number of turns. .Plate glass, polished, production t

thous. of sq. ft-.

10.50

503179181

2,300

1.6508,13435.7

7,893i 21, 842! 6, 609

i 3. 117; 56.6; 2, 974

7, 567

1. 4532, 2051, 062

1,10543.1

4, 610

7. 242

9.25

408245213

2,797

3,9551,148

15947

2,042

1.5498,60937.6

8,69719, 8486,832

2,32272.8

2,1125,103

1,3312,1001,611

1,58355.8

4,110

11,350

9.25

432256226

2,790

8652,084

581,4193,130

1.5868,22335.9

5,99422, 0786,474

2,49272.3

2,5535,033

1,8152,1681, 647

1,70159.9

4,038

11, 327

9 25

379185180

2,778

315903

15975

2,608

1.5955,63825.5

6,51721, 2166,507

2,15867.6

2,5294,736

1, 5562, 0271, 926

1, 73661.2

4, 205

8,925

9.25

328174208

2,705

245882

19891

2,189

1.6035,03722.1

6,75019, 5026,204

2,23767.4

2,0844,796

1,4731,8561,713

1,58255.7

4,165

5, 794

8.75

320174123

2,750

1,7751,431

773642

1,485

1.6034,67221.2

4,46319, 7095,877

2,12364.0

1,8065,112

1,5711,9581,588

1,42350.5

4,656

4, 169

9.00

340109111

2,717

75601

0800

2,010

1.6033, 52615.5

3,73819, 5415,717

1, 99762.6

1, 8735, 238

i 1, 1501, 8051, 030

! 1, 171I 41.2

4,286

6,347

9.25

35553

1332,663

100967

16791

2,213

1.6503,77916.6

3,77819, 5475,919

2,77046.6

2,6627,078

1,4801,8651,460

1,43956.1

4,581

7,607

9.88

6443377

2,532

90035954

3662,042

1.6504,16820.2

2,95220, 7625,936

2,60049.2

2,5857,719

1, 7812,2591,256

1,41355.1

4, 431

7,441

10.50

66457

1362,483

355563126721

1,755

1.6505,25723.0

4,61821, 4226,318

2,92049.2

3,1377,480

1.5221,9181,763

1.93675.4

4,367

9, 927

10.50

657104149

2,464

705437

291,0061,518

1.5756,54429.6

6,49221,5576,565

3,03255.1

2,9147,558

1,1451,7941,495

1,25548.9

4,615

8,629

10.50

621137197

2,450

6051,340

601,3461,324

1.5708,55437.5

8,78421, 3016,304

3,25256.8

3,1727,545

1,4911, 8581,512

1,42755.6

4, 735

7,764

10. 50

545158180

2, 380

4251,228

44! 965| 1, 434

1.6508,78639.8

8, 539« 21, 600

« 6, 424

3,16055.2

3.1367,483

! 1, 553! 1.951i L 276

; 1, 44656. 3

4,641

6, 520

• Revised.* New series. Earlier data not published, rubber heels and soles and illuminating glassware; for earlier data see p. 20 of the June 1933 issue, face brick, machine production.§ Census Bureau has comparative summaries for 2 months only on structural clay products. Series not comparable over 13-month period.f Adjusted for degrading and year-end physical inventories.t Revised data for 1933 represent total production for the United States.# Series on glass containers are not comparable for 1934 and earlier years due to increase of number of firms reporting to 44. Shipments of the 44 firms for the first 7

months of 1933 amounted to 19,637,513 compared with 12,667,118 for the 30 firms reporting a year ago. Comparable statistics on shipments for the companies now reportingby years, from 1928 to date were as follows (in gross): 192S, 31,943,016; 1929, 33,765,896; 1930, 31,905,933; 1931, 31,413,508; 1932, 26,947,949; and 1933, 33,048,747. Data are notavailable for this period on production and stocks, nor are monthly figures on production available. It may be noted from the trend of these data that the monthly figuresprior to 1934 had a downward bias.


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

1934

July

1933

July Augusti

Septem-ber October Novem-

berDecem-

ber

1934


STONE, CLAY, AND GLASS PRODUCTS—Continued

GYPSUM *Crude (quarterly) :

Imports. short tons..Production short tonsShipments (uncalcined) short tons

Calcined (quarterly):Production short tons

Calcined products (quarterly):Shipments:

Board, plaster (and lath) .thous. of sq. ft_.Board, wall thous. of sq. ftCement, Keenes short tons .Plasters, neat, wood fiber, sanded, gaging,

finish, etc short tonsFor pottery, terra cotta, plate glass, mixing

plants, etc short tonsTile, partition thous. of sq. ft

TERRA COTTA

Orders, new:Quantity short tons..Value -thous. of dol..

96483

83468

18221

117,532431, 521158, 061

264,805

35, 33954,9434,232

187, 152

30, 8611,715

71765

34234

34133

88,820241, 10089, 511

182, 194

21, 79641,3142,752

139, 623

17, 2201,333

76452

1,159112

50639

0266, 76185, 747

206, 476

19, 33943,0582,514

149, 420

24, 0632,222

90282

88069

99695

90, 453432 020173, 218

319, 983

31,59176 2184,258

226 405

29 4372,426

1,630122

TEXTILE PRODUCTS

CLOTHINGHosiery: •

Production thous. of dozen pairsShipments thous. of dozen pairs..Stocks end of month thous of dozen pairs

Men's and boys' garments cut:Overcoats thous. of garments. _Separate trousers thous. of garments ._Suits thous. of garments

COTTONConsumption t thous of balesExports:

Quantity, exclusive of lintersthous. of bales..

Value. (See Foreign Trade.)Q innings (total crop to end of month)

thous. of bales. .Imports # - . thous. of bales..Prices:

To producer dol. per lb_.Wholesale, middling, N.Y .dol. per lb_.

Production, crop estimate thous. of bales _Receipts into sight 1 _. . thous. of bales. _Stocks, end of month: f

Domestic, total mills and warehousesthous. of bales..

Mills . thous. of bales .Warehouses thous. of bales..

World visible supply, total thous. of bales..American cotton thous. of bales _ _

COTTON MANUFACTURES

Cotton yarn:Prices, wholesale:

22/ls, cones, Boston dol. perlb..40/ls, southern, spinning dol. per lb_.

Cotton goods:Abrasive cloth. (See Paper Products.)Cotton cloth:

Exports §--. thous. of sq. yd..Imports # thous. of sq. yd._

Prices, wholesale:Print cloth, 64x60 dol. per yd..Sheeting, brown, 4 x 4 (Trion mill)

dol. per yd..Cotton cloth finishing: *

Production:Bleached, plain ... . .thous. of yd..Dyed, colors thous. of ydDyed, black .. thous. of yd__Printed thous. of yd..

Stocks: •Bleached and dyed thous. of yd_.Printed thous. of yd..

Spindle activity: tActive spindles thousandsActive spindle hours, total, .mills, of hours..

Average per spindle in place hours..O Derations percent of capacitv. .

359

306

10011

.123

.129/ 9, 195

432

6,7961,2305,5656,9504,737

.308

.459

15, 6471,944

.067

.077

310, 251111, 154

24, 4185,152

16774.3

10, 027

4092,0891,681

601

692

17112

.106

.108

761

7,0851,3485,7377,7135,908

.311

.410

28, 704"3,368

.067

.077

26, 0858,128

263117.5

8,713

5692,1931,832

589

531

1,39410

.088

.096

782

6,9461,1605,7867,2545,602

.361

.548

' 18, 215« 2, 720

.070

.088

25, 8857,942

258106.7

9,435

5271,7921,385

499

869

5,851

.088

.0970 2, 141

8,5351 1607,3757,9016,385

.339

.505

° 13, 7882,442

.067

.080

26, 0027,058

22999.6

8,87014 591

5531,7021,163

504

1,047

10, 36112

.090

.0970 3, 252

10, 8361,3619,4759,3837,828

.321

.494

13, 0953,204

.067

.078

25, 8757,261

235101.9

8,0637,653

15 001

3541,191

907

475

915

12, 10813

.096

.1000 2, 349

11, 9851 574

10, 4119,8488 203

.295

.478

15,0923,925

.065

.076

25 4236,796

22096.3

6,0915,948

15 145

135929

1,061

348

820

12, 35714

.096

.102• 13, 047a 1, 283

11, 9551 642

10, 31310, 0608,255

.301

.458

17,9194,004

.066

.073

108 32860 2944 616

86,517

341 351137, 661

24 8415,095

16573.5

6,9466,448

15 642

508

739

12, 55913

.103

.113

°715

11, 1031 6029 5019,8377 693

.316

.467

16,7903,985

.069

.077

122 86976 6784 761

99,901

332 985106, 280

25 6536,970

22598.5

8,6407,785

16 497

478

628

14

.117

.123a427

10,2931,6548,6399,2847,025

.322

.479

20, 0714,616

.072

.081

132 67889 1925 259

104, 920

325 313104, 949

26 3556,692

216101.5

9,5459,524

16, 518

544

550

12, 66019

.117

.123

«598

9,5031,6507,8538,8686,516

.327

.480

22, 5565,426

.070

.082

163 772117 562

6 416131, 426

327 04099, 614

26 5047,720

249102.9

8,8838,435

16 965

513

387

12

.116

.119a522

8,6871 5857,1028,5666 093

.320

.471

23, 7916,135

.067

.080

150 138104 689

5 916122 951

308 895106, 388

26 4517,260

234104.5

9,1148,660

17,419

520

285

15

.110

.114

»515

7,9921 4216,5717,9595,541

.301

.458

22, 7923,817

.063

.077

137 05397 838

5 834114 803

310 471107, 128

25 8917,279

23598.2

363

459

10

.116

.123a339

7,3121 3265 9867,3625 040

.298

.451

21, 2231,701

.064

.076

106 74173 9544 885

83 414

314 413118, 034

24 6905, 253

16972.7

* New series. For earlier data on gypsum, see p. 20 of the January 1933 issue; the new series on hosiery compiled by the Hosiery Code Authority and are estimated torepresent 95 percent of the industry. Data on cotton cloth finishing are from the National Association of Finishers of Textile Fabrics and cover practically all the industry;figures are not available for earlier periods; the production statistics are prorated from data for 4-week periods; stocks are as reported at end of each 4-week period.

• Dec 1 estimate./As of August 1.1 For revisions for crop years 1932 and 1933 see p. 52 of the October 1933 issue and p. 52 of the September 1933 issue, respectively.t For revisions of cotton consumption domestic stocks and spindle activity for the year ended July 1932 see p. 20 of the February 1933 issue, and for cotton consump-

tion domestic stocks and spindle activity for the year ended July 1933 see pp. 52 and 53 of the November 1933 issue.§ Data revised for 1932, For revisions see p. 53 of the June 1933 issue. Data revised for 1933 for revisions of months not shown above see p. 20 of this issue.# See footnote on p. 35 of this issue. Data revised for 1933. Revision for months not shown above will appear in a subseqeunt issue.• Stocks at end of 4-week periods.


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

1931,refer-'oundurvey

1934

July

1933

July I August ehe^m" ^cÔDer Novem-ber

Decem-ber

1934

January ary March April May June

TEXTILE PRODUCTS—Continued

RAYON AND SILKRayon:

Imports# thcus. of lb__Price, wholesale, 150 denier, "A" grade,

N.Y — dol. per Ib _Stocks, imported, end of month.thous. of lb__

Silk:Deliveries (consumption) bales .Imports, raw# thous. of lb_.Prices wholesale:

Raw, Japanese, 13-15, N.Y dol. per lb_.Silk goods, composite dol. per yd..

Stocks, end of month:World, visible supply balesUnited States:

At manufacturers ._ bales..At warehouses . . bales

Silk manufacturing:Operations, machine activity:

Spinning spindles: *All percent of capacity __5-B percent of capacity

Weaving:Broad loomsf percent of capacityNarrow loomsf percent of capacity..

Silk piece goods:*Commission mills:

New orders yards per loom..Production yards per loom__Shipments yards per loom

Stock-carrying mills:Production yards per loom..Shipments yards per loom__Stocks, end of month. ..yards per loom..Still to come off looms yards per loom

WOOL

Consumption, grease equivalent.. thous. of lb_.Imports, unmanufactured §# thous. of lb._Operations, machinery activity:

Combs, worsted .. .percent of capacity _ _Looms:

Carpet and rug percent of capacity--Narrow . percent of capacity..Wide percent of capacity _ _

Spinning spindles:Woolen percent of capacity ..Worsted ._ percent of capacity __

Prices, wholesale:Raw, territory, fine, scoured dol. per lb__Raw, Ohio and Penn., fleeces dol. per lb._Suiting, unfinished worsted, 13 oz. (at mill)

dol. per yd__Women's dress goods, French serge, 54" (at

factory) - - dol. per yd_.Worsted yarn, 2/32s, crossbred stock, Boston

dol. per lb_ .Receipts at Boston, total thous. of lb_.

Domestic thous. of lb_.Foreign thous of Ib


Burlaps and fibers, irnports:#Burlaps -- thous. of lb_Fibers . long tons_.

Buttons and shells:Buttons:

Imports, total§#. thous. of gross..From Philippines thous. of gross. .

Fresh-water pearl:Production percent of capacityStocks, end of month thous. of gross..

Shells, imports, total# thcus. of l b _ _Mother-of-pearl . _ thous. of Ib

Tagua nuts, imports # _. thous. of lb_.Elastic webbing, shipments thous. of dol._Fur sales by dealers . thous. of dolPyroxylin-coated textiles (artificial leather):

Orders, unfilled, end of mo.thous. linear yd..Pyroxylin spread _ thous. of IbShipments, billed thous of linear vd_.

24

0.55

32, 0214, 719

1. 1390.92

66, 268

4J .537.2

288.4391.8391.0

266. 0282. 3

1,004.5327.4

p ?5, 9367,632

39

342856

7432

0.840.31

1.634

1.139

1,26

42, 47115, 010

7762

2376, 791

335199650

1,938

3, 3232,9722,649

828

0 60287

44, 5978,396

2.2731.02

243, 529

21, 45851,684

419. 1509 6818.6

57, 37731,406

134

465497

10896

0.790.35

1.613

0.975

1.1783, 31870, 87612 442

34, 49923, 807

11477

49.05,983

815150

3,2361,3013,892

3,1954,3484.280

1,126

0 65410

42, 8527,828

1.8811.04

264 130

23,09255 515

400.2357.3771.8

55, 69440,060

113

455187

99DO

0.800.37

1.765

1.065

1.1861, 30345, 59315 710

50, 2030 20, 527

•9962

56 35,737

779713

3,2641,2705,280

2,7513,6913, 889

395

0 65398

31, 1857,007

1.8891.04

283, 731

24, 48073,800

34 833 6

331.1351 5726.3510 4

50, 46721, 308

108

494873

8269

0.820.39

1.800

1.125

1.2928, 98122, 2046 777

25,09718, 974

5344

52 95,832

506483

2,2161,0742,743

2,6602,7612,718

770

0 65504

28,5217,029

1.6471.04

301 981

23,07893, 625

35 531 1

283.1253 1785.8495 4

51, 03719, 633

108

494162

6865

0.840.41

1.800

1.125

1.3518, 93115, 2413,690

49, 848a 21, 824

10274

60.45,827

505365

3,0661,097

876

2,5562,6972,578

92

0 65507

34, 8225,472

1.4651.04

323 171

23, 15391 122

41 634 8

323.2276 4880.3436 7

43, 46615, 997

100

463964

6360

0.850.41

1.800

1.125

1.3514,06811,0732,95*5

33, 91418, 713

12582

58 86,211

667612

1,506877711

2,4772, 1572,024

338

0 65506

26, 9594,833

1.4161.04

314 921

24, 76296 786

39.234 9

46 229 1

327.0333 0898.7463 5

33, 57016, 168

76

352757

5446

0.880.42

1.800

1.125

1.356,1764,8241 352

31,06122, 195

4539

41 87,3151,057°3931,223

7091,154

2,5992,3512,148

32

0 65488

40 9423,895

1.4531.04

317 000

23, 13983 820

56 040 2

52 832 0

364.0458 5811.8521 0

35,9689,637

74

353467

7052

0.880.42

1.800

1.125

1.35

35, 76828,406

15761

44 87,328

274254

1, 457883

3,515

3,3833,2832,876

64

0 65477

39 0214,279

1.5501.04

307 000

22,41574 607

62 552 0

64 337 0

416 0412 4831.0454 7

34, 34812, 622

65

403969

7648

0.880.42

1.800

1 125

1.35

26, 34618, 839

7247

46 57,3421,862

5591,291

9S93,077

4,2105,2783,812

42

0 65467

44 0805,796

1.4051.04

287 000

22, 64062 828

59 753 2

62 336 6

468 0780.9766 3

446.6445 8901.1430 3

36, 11916, 975

61

433866

7544

0.870.40

1.763

1.125

1.35

35, 11323, 059

7847

62 77,1871,608

657867

1,2043, 148

3,8115, 1994,854

14

0 55

37 3924,798

1.3181.01

278 000

21, 90261 083

48 645 9

54 935 8

277 0614.8572 0

344.9390 2937.7384 1

29, 88913, 567

46

394055

7039

0.850.37

1.650

1.103

1.35

30, 57317, 861

5435

61 77,327

345168

1,148956

2,209

3,3464,6814,023

30

0 55

38 7405,176

1.2840.96

268 000

21,67561 060

31 539 3

37 930 0

247 3434 2411 7

269 7357 7890^3378 5

28,2137,458

48

424058

7041

0.840.33

1.634

1 119

1.31

34, 40017,172

12177

57 97,303

414313638858

1,802

3,1393, 3503,327

4

0 *>K

33 0695,037

1. 1990.93

259 OCG

5Q Q4<<

40 038 9

278 4458 5426 1

290 Q271 0977. 3372 R

26, 2138, 003

a 4{)

«46°30a 54

o 71a 29

0.840.31

1.634

1 139

1.2S

27 09321,399

4542

40 07,118

310226458705

a 1 643

3, 2242, 7062, 645

TRANSPORTATION EQUIPMENT

AIBPLANESProduction, total number..

Commerical (licensed) .number..Military (deliveries) number .For export. number.. !

|4199

735

132811437

123662136

107662813

81 ! 7129 | 3027 ! 2225 j 19

96245715

67232420

95542615

119663518

175945724

190-1138518

« Revised.p Preliminary.§ Data revised for 1932. For revisions see pp. 53 and 54 of the June 1933 issue.# See footnote on p. 35 of this issue.t Compiled by the Silk Code Authority (The National Federation of Textiles, Inc.) and represent the percentage of oparations based on an 80-hour week (2 shifts of 40 hours

each). Data are not comparable with the series previously shown in the Survey which were based on a smaller sample and which were computed on the basis of a 48-hourweek. The code authority expects to adjust the old series to a comparable basis, when opportunity affords.

* New series. Silk spindle activity, compiled by Silk Throwing Code Authority; not comparable with spinning data previously shown. For earlier data on silk piecegoods (stock-carrying mills only) see p. 20 of August 1934 issue.



1934

July

1933

July August kerm~ October Novem-ber

Decem-ber

1934

January j |ryU~ March April May June

TRANSPORTATION EQUIPMENT—Continued

AUTOMOBILES JExports:

Canada:Automobiles, assembled number..

Passenger cars numberUnited States:

Value. (See Foreign Trade.)Automobiles, assembled, total§__number__

Passenger cars§ .. number..Trucks§ number

Financing:Retail purchasers, total.. thous. of dol_.

New cars thous. of dol_.Used cars . thous. of dol__Unclassified thous. of dol__

Wholesale (manufacturers to dealers)thous. of dol_-

Fire-extinguishing equipment: tShipments:

Motor- vehicle apparatus numberHand types number..

Production:Automobiles:

Canada, total numberPassenger cars number

United States, total t - - .number..Passenger cars f numberTaxicabs number..Trucks t-- - - .number..

Automobile rims thous. of rims..Registrations:

New passenger cars f numberNew commercial cars * . .number-

Sales:General Motors Corporation:

To consumers numberTo dealers, total numberU.S. dealers _ . _ . number __

Shipments, accessories and parts, total *Jan. 1925=100.-

Accessories, original equipment. _Jan. 1925=100

Accessories to wholesalers Jan. 1925=100__Replacement parts Jan. 1925=100Service equipment -Jan. 1925 =100. .

RAILWAY EQUIPMENTEquipment condition:

Freight cars owned:Capacity . mills, of IbNumber, total thousands _

Bad order, total number..Percent of total in bad order

Locomotives, railway:Owned:

Tractive power mills, of lb_.Nurnber . number

Awaiting classified repairs.. .number. _Percent of total

Installed number..Retired number

Passenger cars:On railroads (end of quarter) number..

Equipment manufacturing:Freight cars:

Orders, new, placed by railroads cars..Orders, unfilled, total cars__

Equipment manufacturers carsRailroad shops cars

Shipments, total carsDomestic - cars..

Locomotives, industrial electric (quarterly):Shipments, total number _

Mining use number.Locomotives, railway:

Orders, new, placed by railroads-number ..Orders, unfilled, end of month:

Equipment manufacturers (Census)total number..

Doniestic, total _ ._ numberElectric numberSteam.. _ number

Railroad shops (A.R.A.) number..Shipments:

Domestic, total _ numberElectric numberSteam number. .

Exports, total t . numberElectric number-Steam number.-

Passenger cars:Orders, new, placed by railroads.-number__Orders, unfilled (end of quarter) .number..Shipments, total number.

Domestic numberELECTRIC TRUCKS AND TRACTORSShipments, industrial, total number..

Domestic number. .Exports number..

6, 5554,692

23, 95917, 6216 338

3223, 264

11 1148 407

268, 575223 868

042, 7071,155

p230 000

101 243134, 324107, 554

188, 4781,971

299, 78015 5

2,31448,71310, 789

22.370

568

013, 7559,6074,148

0

134123626120

606871

0

29272

1,7311,220

9,1285, 5463,582

65, 15343, 33420, 542

1,277

57, 866

2119, 495

6,5405,322

229, 357191,261

438, 092

890

185, 66030, 642

87 298106, 91892, 546

76

i 68; 83

11947

196, 0592,069

316, 43715 4

2,39651, 23311,109

22 123

i 322

i 661,187

1 01 187

165120

11

80777521

oo0880

0

44

57570

1,7141,233

10, 3086,5163,792

71, 18747, 29122, 5361,360

69, 613

1921, 183

6,0794,919

232, 855191,346

6841,441

961

178, 66128, 807

86 37297 61484, 504

80

7199

13456

195, 3802,060

304, 20214 9

2,39151, 08111, 000

21 973

248

1301,129

o1 129

427392

0

79777521

211

1183

0

6o

52520

2,1901,726

10, 9446,3304,614

62, 53940, 88720. 3931,259

51, 127

1718, 348

5 8084,358

191, 800157, 367

9a34, 424

701

157 97631, 281

71 45881 14867, 733

74

6610112048

194, 3872,047

295, 05614 g

2,38250 78810, 735

21 553

346

47,232

19275

o2754222

3838

1

83797811

211

a3

2

03oo

51483

2,8682,428

11,4735,9065,567

57, 50336, 79019, 6651,048

38,963

1917, 996

3,6822,723

134, 683104, 807

6329,813

523

136, 32628, 058

63 51853, 05441, 982

59

4791

10947

193, 5562,038

295, 08714 7

2,37950, 67710, 963

22 042

162

520127o127162112

4

83797811

oo0743

0

oo

57570

1,7501,228

6,7033,5273,176

43, 88926, 27816, 741

870

17, 703

1421, 892

2 2911,503

60, 68340, 7541,611

18,318506

94, 18018,691

35 41710 3843,483

56

4486

10546

193 0502,031

295, 78414 8

2,37250 44610, 824

21 826

261

665125o1256262

1

82797721

110642

0

oo

60582

1,6251,042

9,5263,0666,460

33, 12417,79414, 532

798

16, 573

2725, 356

3 2622, 171

80, 56549, 4901,299

29, 776627

58 62415, 580

11 95121 29511, 191

59

53678943

192 8262,027

289, 98514 5

2,37050 32310, 895

21 935

294

46, 407

12224

o2246766

3837

10

747272o1

752

1697

06oo

67643

2,3841,118

11, 2583,6857,573

34, 43719, 19014, 420

827

35, 879

1921, 204

6,9044,946

156, 907113 331

32143, 255

789

61, 24222, 903

23 43862 50646, 190

78

7477

10257

192, 1672,019

286, 92814 4

2,36350 10310, 965

22 238

258

150732

10722

4822

0

979585101

550743

0

oo

46397

3,0262,269

14,9118,8726,039

45,3729,215, 198

890

61,514

2015,715

8,5717,101

231, 707187, 639

2744, 0411,262

94, 88724, 476

58 911100, 84882, 222

106

10965

11859

191, 5802,012

295, 58214 9

2,36150 03411,119

22 675

144

19, 7275,019o5 019

2424

20

12011685311

oo0

42

177

22

52403

4,9204, 161

26, 21716, 14110, Q76

69, 20346, 42821, 368

1,407

102, 776

2817, 956

14, 18012, 272

331, 263274 722

1656, 5251,652

172, 28733, 894

98 174153, 250119,858

141

15073

13972

191, 1492,007

291, 08114 7

2,35649, 86111, 259

23 052

192

45, 851

5226,5121,7004 812

2521

3937

3

12111786311

110770

5892oo

7064fi

3,9502 930

27, 26516, 50910 756

87, 99859, 77226, 69*

1,532

121,061

3516 597

18 36315' 451

354 745289 030

1f,5,714

1. 636

222 90038 882

106 349153* 95412l' %4

127

13072

71

190 07Q1 994

295, 19115 0

2.34549 57311,095

29 $

46311

75015,96410 000

159150

40

14614288541

oo0

10•J

3

75

oo

7271

1

4,2053 185

25, 67016, 0588 612

99, 59167, 99129, 763

1,837

123, 691

2528, 915

20 16116 504

331,652273 765

057, 8871,140

219 16339,831

95 253132 837103, 844

115

11283

14386

189 7001,989

301, 36815 4

2,34149 39511,080

22.837

218

51721,01115 1745 837

17

13612560650

31310

12111

47

63603

5,2553 970

24, 88718, 0716 816

99,11768, 73728, 508

1, 873

102, 706

36a 22, 264

13 90510 810

a 308, 065261 852

0• 46, 213

1, 016

223 64234, 778

112 847146 881118, 789

106

10196

13571

a 189 4261,985

298, 846J5 3

2,33449,21110, 803

22 340

224

1,21717,81312 5105 297

7070

3

13812760670

220

14104

0

65641

of loci i rmex or -JHIPS oi npw passensjer oars is on r>.§ Data revised for 1932. See p. 54 of the June

ts, accessories, and parts, and new commercial cars.iguishers and passenger-car registrations; and p. 55 of the June 1933 issue for 193? exportst issue.

p Preliminary.Data revised for 1933. For revisions of such months not shown above see p. 20 of this issue.


Monthly statistics through December 1931, 1934together with explanatory footnotes and refer-ences to the sources of the data, may be found j T ,in the 1933 Annual Supplement to the Survey i ** uiy

1933

July I August ber | October | NobveermV

ber

1934

January F®ryU" March | APriI j May June

TRANSPORTATION EQUIPMENT—Continued

SHIPBUILDINGUnited States:

Merchant vessels:Under construction.. .thous. of gross tons..Completed during month-total gross tons..Steel total gross tons..

World (quarterly):Launched:

Number ships - .Tonnage thous. of gross tons..

Under construction:Number ships..Tonnage thous. of gross tons..

3510, 9707,877

385,264

319

"

365,6731,867

262,7871,181

90130

216757

245,1483,751

255,9301,406

258,3637,743

71175

206757

444,1591,814

432,9761,437

425,3142,085

5586

2691,079

4812,9048,101

4611,9589,843

387,5353 256

0/9149

2881 216

CANADIAN STATISTICS

Business indexes:*Physical volume of business 1926=100

Industrial production, total 1926=100..Constructionf 1926=100..Electric power 1926=100-Manufacturing - . 1926=100—

Forestry 1926=100..Miningf. 1926=100-

Distribution 1926=100—Carloadings 1926=100-Exports (volume) 1926=100-Imports (volume) 1926 =100-Trade employment 1926=100-

A<*ricultural marketing 1926=100—Grain marketings 1926=100-Livestnck marketings 1928=100-

Commodity prices:Cost of living index c? 1926=100.Wholesale price index # 1926=100..

Employment, total (first of month). 1926 =100-Construction and maintenance ... 1926 =100. .Manufacturing 1926=100—Mining 1926=100..Service 1926=100—Trade 1926=100-Transportation 1926=100—

Finance:Banking:

Bank debits.- mills, of dol—Interest rates 1926 =-100-

Commercial failures* number.Life insurance, sales of ordinary life (14 cos.)*

thous. of dol—Security issues and prices:

New bond issues, total thous. of dol—Corporation thous. of dol—Dominion and provincial.. thous. of dol —Municipal thous. of dol—Railways . . - . .thous. of dol—

Bond yields percent--Common stock prices, totalt 1926=100—

Banks 1926=100-Industrials 1926 = 100Utilities . 1926=100 .

Foreign trade:Exports . thous of dolImports . thous. of dol. .Exports, volume:

Automobiles. (See Transportation Equip.)Newsprint. (See Paper.)Wheat thous. of bu._Wheat flour thous of bbl

Railway statistics:Carloadings. ... thous. of cars..Financial results:

Operating revenues —thous. of dolOperating expenses. —-thous. of dol—Operating income thous. of dol—

Operating results:Freight carried 1 mile mills, of tons..Passengers carried 1 mile mills, of pass..

Commodity statistics:Production:

Automobiles. (See Transportation Equip.)Electrical energy, central stations

mills, of kw.-hr..Pig iron thous. of long tonsSteel ingots and castings

thous. of long tons..Livestock, inspected slaughter:

Cattle and calves thous. of animals..Swine thous. of animalsSheep and lambs thous. of animals ._

Newsprint. (See Paper.)Silver. (See Finance.)

Wheat, visible supply. (See Foodstuffs.)Wheat flour thous. of bbL.

95.795.635.5

180.699.096.7

117.296.272.376.772.2

118.0148.8164.080.5

72.0101.0140.693.8

107.0119.7119.182.6

2,76783.1

51,447450

50,000997

03.9881.373 6

116 650 6

51 86644 145

12, 979408

188

1,62137

67

10717875

84.182.636.2

160.788.287.098.288.462.671.559.7

111.9136.3148.581.2

77.270.584.578.283.093.1

111.5111.880.5

3,52896.7

142

30, 255

74, 9580

68, 3505,6081,0004.6386. 580.4

122. 361.5

51, 86635, 698

16, 374493

163

23, 71320, 7092,103

1,735145

1,44332

49

8819172

1,323

89.889.527.2

168.096.994.0

110.790.567.965.165.0

112.7197.2224.674.5

78.669.587.188.485.297.4

111.8110.581.2

2,64995.0150

27, 263

94, 790500

80,00014, 290

04.5581.876.0

117 256 8

45, 13538, 747

8,653480

186

23, 73021, 144

1,679

1,752145

1,50835

49

99187101

1,444

90.890.228.6

148.997.088.0

123.792.663.985.870.5

114.8101.1106.278.0

78.868.988.588.486.8

100.4113.8111.882.5

2,45795.8

155

25, 381

48600

4860

4.5981.674.8

119 153 5

58 32938, 698

19, 666553

202

25, 87219 8295,111

2,103136

1,48931

38

101195148

1.393

88.287.445.4

148.887.986.2

130.990.562.667.671.6

113.970.570.072.5

77.967.990.497.086.7

105.8108.1115.082.7

2,82394.6

144

31, 472

225, 78090

225, 000690

o4.5373.371.7

103 648 5

61 03541, 070

° 23, 306514

222

27, 23919 6836,654

2,44296

1,61827

48

108235182

1,651

85.583.939.7

158. 186.287.2

114.489.962.958.377.4

112.841.836.765.2

78.168.991.394.686.5

109.7107.9115.681.4

« 2, 83897.3155

34, 185

6,8051,5755,000

2300

4.6676.868.4

113 447 8

60 92643, 712

23, 144548

201

24, 17618 2415,040

2,01191

1,70230

43

10027784

1,827

86.285.136.4

156.588.688.4

118.289.360.453.567.8

115.930.724.757.5

78.269.091.894.684.4

105.5108.8119.179.8

2,49298.5159

37, 376

2900

29o

4.7275.364 7

111 447 8

51 62435, 368

17, 458418

158

22, 74918 3403,916

1,537138

1,70837

50

6725341

967

86 884.547.4

162.980.796.4

120.693.273.675.462.8

113.848 241.677.6

78 570.688.688.180.0

106.8109.8122.376.3

2,59797.2153

40, 9460

40, 799147

o4.6681.671 7

118 653 5

47 11832 391

7,088448

176

21, Oil19 945

216

1,682109

1,72431

61

9127040

1, 043

86 484.034.1

168.983.296.7

117.093.171.463.764.0

116.367.161.194.0

79 072 191.498.084 2

109.4108.7111.676.2

2,08996.0

140

3,6340

3,000634o

4.6086.576 7

123 858 0

38 36533 592

6,513328

164

20, 62719 601

<*60

1,62998

1,61312

58

8426336

1,102

93 192.036 2

176.088 8

100.3149.096 374.373.064.7

119.263 858.786.4

80 272 092.7

100.886 5

108.9109.3112.578.0

2,48990.1

140

26, 059380

22,7002,979

o4.3288.076 9

128 558 8

58 36447 519

10, 103493

189

24, 65720 6302,976

1,986127

1,79612

73

10625938

1.064

92 691.428 9

176.787 794 2

160.296 076.069.669.3

117.256 949.390.6

79 671 191.395.888 1

103 3111 8116.175 9

2,53687.7

141

31, 96416, 28015, 000

684o4.2090.776 1

133 058 1

32 04734 815

3,568041

177

23 39519 4882 839

1 869103

1,69727

70

119oco

34

1.089

99 699.935 1

188.5100 2103 6146.398 575.679.682.8

117.8130 6140.187.8

78 771 192.095.890 2

103 6111.7115.678.5

3,12984.8

132

76, 8226,452

57, 707664

12 0004.0688.675 2

128 056 7

58 54352 887

19, 024482

194

26, 06921 2403,814

1,873103

1,83038

71

13326732

1,175

95 895.225 7

185.798 7

100 1127 397 573.477.173.1

119.697 299.686.7

78 472 196.6

116.793 2

106 2115 4116.580 3

2,60285.4

9,5142,200

7,314o4.0987.272 7

126 154 5

58 64346 186

18, 426441

193

1,70837

64

116923

56

1, 127a Revised. <* Deficit.* New series. For earlier data see p. 18 of the February 1933 issue, business indexes, p. 20 of the October 1933 issue, commercial failures, and p. 20 of the February 1934

issue, life-insurance sales.t Revised series. See p. 55 of the April 1934 issue, construction, and mining production, for 1933. Series on common-stock prices revised back to December 1932 as a

result of additional stocks, for revision see p. 56 of the April 1934 issue.# Number of commodities changed from 502 to 567 beginning with month of January 1934.

<? Data revised for 1932 to 1933. Revision for 1932 see p. 55 of the November 1933 issue.

U.S. G O V E R N M E N T P R I N T I N G OFFICE: 1994