july 1934 survey · 2011. 10. 20. · sugar , cuban raw receipt s at port and exports silk machiner...

JULY 1934

SURVEYOF

CURRENT BUSINESS

UNITED STATESDEPARTMENT OF COMMERCEBUREAU OF FOREIGN AND DOMESTIC COMMERCE

WASHINGTON

V O L U M E 14 N U M B E R 7

SUMMARY OF CHANGES IN STATISTICAL SERIES SINCE PUBLICATION OF THE 1932ANNUAL 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).Milk, receipts, Greater New York.Registrations, commercial truck.Silk machinery activity (Silk Code Authority).Sugar, refined, imports and receipts from Hawaii

and 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.

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),1> 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 arid 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 1934Bank 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).Highway construction under the Federal Highway

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

index).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 JULY 1934 N u m b e r 7W E E K L Y DATA THROUGH J U N E 23, 1934

MONTHLY DATA THROUGH MAY

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 OF 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 p

Business indicators 2Business situation summarized 3Comparison of principal data, 1930-34 4Commodity prices 5Domestic trade 6Employment 7Finance 8Foreign trade 9Real estate and construction 10Transportation 11Survey of individual industries:

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

STATISTICAL DATANew series:

Factory employment indexes, adjusted for seasonal variations(Federal Reserve Board) 16, 19

Combined indexes of factory employment and pay rolls, unad-justed (U.S. Department of Labor) 19

Cleveland employment 19Index of orders for machine tools and forging machinery.... 20

Revised series:Net profits of corporations 19Average weekly and hourly earnings and hours of work

(N.I.C.B.) 1933 20Range boilers 20

STATISTICAL DATA—Continued PageWeekly business statistics 21Monthly 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 31.50 a year, which includes the 12 monthly numbers, the 1932 annualsupplement, and the 52 weekly supplements. Single-copy price: Monthly, 10 cents; weekly, 5 cents; annual, 40 cents.

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69507—34 1

SURVEY OF CURRENT BUSINESS Julv 1934

Business Indicators1923-25 - 100

160INDUSTRIAL PRODUCTION

40

160

100

FACTORY EMPLOYMENT AND PAYROLLS

160

100

40

aoo

100

TOTAL FREIGHT CAR LOADINGS

I MM!

DEPARTMENT STORE SALES

200

100*

VALUE OF EXPORTS

200BANK DEBITS OUTSIDE NEW YORK CITY

160INDUSTRIAL PRODUCTION

100

ZOO

100

CONSTRUCTION CONTRACTS AWARDED

UNADJUSTED

IMM

ADJUSTED*

inFREIGHT CAR LOADINGS L.C.L

40

160

100

WHOLESALE PRiCES

200VALUE OF IMPORTS

160

100

40

FEDERAL RESERVE MEMBER BANK LOANS"

-TOTAL

ALL (COMMERCIAL)

I I M l i l M

1930 1 9 3 1 i I 9 3 Z 1 9 3 3illLLJLL

1934

* ADJUSTED FOR SEASONAL VARIATION * REPORT/KG MEMBER BANKS D.D. 7665

July 1934 SURVEY OF CURRENT BUSINESS

Business Situation SummarizedBUSINESS activity during May was only mod-

erately changed from the level reached in April.Industrial production was slightly higher after adjust-ment for seasonal variations; freight-car loadings im-proved; retail-store sales in general showed a seasonalincrease; exports declined, while imports increased con-trary to the usual seasonal trend; and the adjustedindex of construction contracts awarded droppedsharply.

During June, productive activity tended to slacken,but the trend of the weekly indicators is inconclusiveas to whether the decline has been in excess of theusual seasonal change. Steel-mill activity did notshow the usual decrease until the final week of themonth, when the ingot rate fell precipitously; electric-power production was higher after adjustment;cotton-mill activity was curtailed; automobile andlumber production declined.

A major factor in the rise in manufacturing produc-tion in May was the increase in steel output. In-creases were also reported for the food products,cement, and electric power industries. Operations inthe textile industry declined, partly due to seasonal in-fluences and to the general restriction of production inthe silk industry. The adjusted index of automobileproduction fell off by about 8 percent. In the mineralindustries, production increased by approximatelythe usual seasonal amount.

Factory employment and pay-roll data for Mayreveal minor changes as compared with April. The

adjusted index of factory employment rose 0.2 of apoint above the April figure, with 9 of the 14 groupsshowing increases. Factory pay rolls declined 0.3 per-cent. Increases in both employment and pay rolls pre-dominated among the nonmanufacturing industries.

Distribution series for May do not indicate a pro-nounced trend for the month. The expansion infreight-car loadings was well distributed over thevarious groups, and the adjusted index recoveredabout half of the loss of the preceding month. Whilesales through some t}rpes of retail stores increasedmore than seasonally, sales of automobiles declined.

As the volume of new construction contracts award-ed changed only slightly in May and June, the adjustedindex dropped sharply. Privately financed contractsincreased 12 percent in May as compared with April,but publicly financed construction fell off 5 percent.

As a result of the marked rise in the prices of farmproducts and foods, the Bureau of Labor Statistics'wholesale price index in the week of June 16 rose to74.6, a new high for the year. Stock prices havemoved irregularly in recent weeks, with no markedchange in the " aver ages." The strength in listed-bond quotations has had little influence on the capitalmarket; flotations of new issues remain in small vol-ume. Member-bank loans and investments haveundergone only minor changes; the trend of loans tocustomers continues downward. Excess reserves ofthe member banks, after reaching $1,800,000,000 inearly June, declined in the week of the 20th.

MONTHLY BUSINESS INDEXES

Industrial production

Unadjusted i

Year and month

1g

! |

1!t

' %

ii

Factory em- 1ployment *

and pay rolls

Adjusted 2

« ;1 !

I•818§

Is!s ,£tt

>t9

sio>+*<~3?!I!683 «fc

*o*••>*,

I!.2^li^

Freight-car loadings

Total

iK>3%ce£

j

•c&z

I

Merchan-dise, I.C.I.

1W33??esfi^

•OG>

4*

33<

Department!store sales,

value

"S*•>S3&Gp

."Srfi;j?<

Foreigntrade, value, iadjusted 2

05

1NB

g&4

Ban

k de

bits

out

side

New

Yor

k C

ity

Con

stru

ctio

n co

ntr

acts

, all

type

s, v

alue

, adj

uste

d 2

Monthly average, 1923-25=100

1931: May _ - . _ _ _ | 891932: May 611933:

May 79June 91July 96August . 90September 85October 78November 72December C9

1934:January. 77February 83March - 87April 88May 90

M o n t h l y average , \J a n u a r y th rough ;May:

1932 ' 671933 ' 671934. 85

; 90! 60

80i 93

97i 89i 84

! 70! 67

1 7682868690

I 661 66! 85

8465

7682899493888480

8588919087

88

8760 ;

78 :92

1009184777275

7881858187

8759

7893

1019184767173

7780828686

8767

7884909187818185

8891

1009089

80.363.7

62.967.472.576.478.077.875.975.0

75.178.481.082,282.4

67. 761.079.8

73.446.8

42.747.250.856.859.159.455.554.5

54.060.664.867.367.1

51.539.762.8

7953

5660666568666155

586163

I 60U

575161

7954

5660656160586062

6464666264

9274

6867706970706863

6565676768

756566

8971

6667706968666767

7067666566

9772

67644959737775

121

57i 59

737377

69

9772

6768 !70

3706569 !

697177

77

5768 i

5737

3236433840424248

4447505045

403047

5534

3240485048464042

4242444247

382843

, 103.2; 63.4

! 58.31 65.7i 70.4! 62.71 61.9

66.0i 60.5| 67.4

i 66.9i 59.7i 71.4' 72.4

71.5

i 70.3: K^ Q

I 68.' 4

6526

1618212430374858

4944333226

271737

Who

lesa

le p

rice

ind

ex, 7

84co

mm

odit

ies

.

Monthlyaverage,1926=100

73.264.4

62.765.06& 969.570.871.271.170.8

72.273.673.773.373.7

65.960.81 73. a

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

SURVEY OF CURRENT BUSINESS July 1934

Comparison of Principal Data, 1930-34FIRST S MONTHS X///////A REMAINDER OF YEAR

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

CONSTRUCTION CONTRACTS AWARDED -(BILLIONS OF DOLLARS)

STEEL INGOT PRODUCTION - (MILLIONS OF TONS)

AUTOMOBILE PRODUCTION -(THOUSANDS OF CARS)

FREIGHT CAR LOADINGS -(MILLIONS OF CARS)

D. D.


Commodity PricesWHOLESALE prices rose in the week of June 16

to the highest point reached in more than 3years, the index of the Bureau of Labor Statistics madeup of 784 commodities or price series advancing to74.6, on the basis of 1926 prices as 100. This rise inthe general index resulted from the advance in pricesof farm products and foods which were influenced bythe prevailing drought conditions. Farm productsrose 3 points in the 1 week and foods 2.6 points, fromlevels which had been reached by fractional advancesduring the preceding 4 weeks.

The index of the prices of commodities other thanfarm products and food, at 78.9, was unchanged forthe week under consideration and was the same as theindex for May. This index has been practically un-changed since the week of January 13. The index ofthe prices of farm products for the week of June 16,at 63.7 was 6.9 percent above the index for the monthof May, but was still considerably below that of non-farm products and foods, relative to 1926 levels.

The trend of Moody's spot commodity price index,made up of the prices of 15 sensitive commodities whichhave an international market, has been consistently up-ward since the 1st of May. On that date it stood at132.4 and on June 19 it reached 142.3, the high for theyear. The high point in 1933 was 148.9 and the low 78.7.

Retail prices, excluding foods, as measured by theFairchild index, moved slightly lower on the averagefor the second successive month. The drop in April

was the first recorded by the index since the early partof 1933. The decline during April and May was 0.6and 0.5 points, respectively. The index, 88.9 for May,on a base of 100 for December 1930, compares with70.4 for May last year and with the depression low of69.4 for the preceding month of 1933. Despite thedeclines for these 2 months, the index is 28 percentabove the 1933 low. Price declines during May wererecorded for 12 of the 26 items comprising the index,7 items showed an increase and 7 were unchanged inprice. Declines were most marked in the women'sapparel group, in which 4 of the 6 items declined and1 remained unchanged.

Food and housing were the only items in the Na-tional Industrial Conference Board's index of the costof living of wage earners to show an increase from Aprilto May. The advance in each of these items was 0.8percent. The cost of coal decreased 1.5 percent andwomen's clothing, 0.1 percent. Men's clothing, gasand electricity, and sundries were unchanged. Theweighted average of all items in this computation ad-vanced 0.3 percent during the month.

The index of farm prices for May presented in theaccompanying table represents a condition as of the15th of the month and hence does not reflect the im-provement of recent weeks. The June 15 index willshow an increase as prices of grains, hay, cotton, andmeat animals have all advanced during the past month.Prices of dairy products remained unchanged.

INDEXES OF COMMODITY PRICES

Year and month

1931: May1932- May1933:

MayJune...JulyAugustSeptemberOctoberNovemberDecember

1934:JanuaryFebruaryMarchAprilMay

Monthly average,January throughMay:

19321933.1934

Wholesale (Department of Labor)•** &00 Ct~0

H!® 2

1s"" >»

ili3«

Economic classes

3

|•a«

f£

1

1

!*3

s~M

1eg

oGG

Groups and subgroups

!oA

I05G

31£ 1

g«aj

sl

5© f t

M

|"8

Mc•3i

itS•dGrt£08

.M

V

6

60

115

cs

1

sISM

•ec03

o>•e£

Mfl

iIf£>

30

O>

£•a w!1»&3os

OB

1•d

11

1aM

i

Monthly average, 1926 = 100

73.264.4

62.765.068.969.570.871.271.170.8

72.273.673.773.373.7

65.960.873.3

76.970.3

67.269.072.273.474.875.475.274.8

76.077.077.277.177.8

71.366.277.0

66.553.9

53.756.261.860.661.761.862.461.9

64.166.065.965.165.1

56.150.365.2

69.858.1

61.365.369.171.772.972.871.472.3

I71.974.874.373.973.7

60.757.773.7

67.146.6

50.253.260.157.657.055.756.655.5

58.761.361.359.659.6

49.944.260.1

59.642.6

52.857.473.464.663.958.261.360.4

63.763.262.358.863.9

44.739.862.4

73.859.3

59.461.265.564.864.964.264.362.5

64.366.767.366.267.1

62.055.966.3

74.456.5

52.352.450.851.051.551.048.246.0

48.953.356.557.360.0

59.850.655.2

75.1 i70.4

66.5 i68.9 '72.2 i74.176.1 !77.2 !77.2 !77.5 j

78.378.778.578.6 i78.9

71.0 i66.2 !78.6

80.071.5

71.474.779.581.382.783.984.985.6

86.386.686.486.787.3

73.170.486.7

80.573.6

73.273.773.273.172.772.773.473.7

74.475.575.775.575.4

74.971.775.3

65.370.7

60.461.565.365.570.473.673.573.4

73.172.471.471.772.5

69.062.972.2

87.672.5

76.982.486.391.792.389.088.289.2

89.589.688.788.987.9

76.570.388.9

86.874.8

71.773.474.877.679.381.281.081.0

80.881.081.481.682.0

76.772.181.4

85.080.1

77.779.380.681.282.183.082.783.5

85.587.087.187.989.1

80.877.587.3

67.454.3

55.961.568.074.676.977.176.876.4

76.576.976.575.373.6

57.552.475.8

70.564.4

58.960.864.065.465.165.365.565.7

67.568.569.369.569.8

64.859.268.9

Cost

of

liv

ing

(N

atio

nal

In

- 1

du

stri

al C

on

fere

nce

Bo

ard

)j

Mo.average,

1923 =100

86.977.9

72.172.875.276.977.978.077.877.3

77.578.378.578.478.6

79.672.278.3

Far

m,

com

bin

ed

ind

ex,

27co

mm

od

itie

s (D

epar

tmen

tof

Ag

ricu

ltu

re)

Mo.average,1909 to1914 =

100

8656

6264767270707168

7076767474

605374

Rctai 1

fl«|

s?°"So> "

SS«°

T30Ofe

Mo.average,1913=

100

121101

9497

105107107107107104

105108109107108

10592

107

3|hia£e13

1!1Q

Dec.1930

(Jan. 1,1931) =

100

93.476.8

70.472.376.182.586.087.188.088.0

88.589.590.089.488.9

79.170.189.3

6 SURVEY OF CURRENT BUSINESS July 1934

Domestic TradeMODERATE gains in sales during May as com-

pared with April were reported for most fields oftrade activity. No pronounced trend was in evidence;in some cases the gains were in excess of the usualseasonal rise, while for other lines of trade the increaseswere less than usual for the month. In the first halfof June, sales of department stores in New York City,exclusive of liquor sales, were slightly lower than ayear ago; total sales were 1.7 percent higher.

The increase in the dollar volume of department-store sales during May was equal to the expectedseasonal rise, and as a result the adjusted indexremained unchanged at 77 percent of the 1923-25average. Department-store sales in May were 15percent above the same month of last year, while salesduring the first 5 months of the current year were 20percent above the same period a year ago. The Maycomparisons with a year ago varied among the FederalReserve districts from a gain of 1 percent in the SanFrancisco district to increases of 24 percent in both theCleveland and St. Louis areas. For the first 5 monthsof the year sales in the New York district were only 11percent higher than a year ago, while in the twosouthern districts the increases were 37 and 32 per-cent, respectively, for the same periods.

Sales of chain grocery stores increased 0.8 percentin May over April, compared with a slight decline onthe average in several preceding years. Variety-storesales on a daily average basis were 9.6 percent higherin May than in April and were 16 percent above ayear ago. After allowing for the usual seasonal trend

for the month, the index increased 4 percent. The •dollar volume of new passenger automobile sales inMay recorded a decrease of 12 percent as comparedwith the preceding month, but an increase of about one-third over the same month a year ago, and of aboutone-half over May 1932.

Rural sales of general merchandise, which increased6.5 percent from April to May, were one-fourth higherthan a year ago. This was as large a relative gain asin the first 4 months of the year and, coupled with thegain in department-store sales in districts which arepredominantly rural, suggest that sales in farmingareas are continuing to show wider gains over a yearago than similar sales in industrial areas.

The gain in freight-car loadings of merchandise inless-than-carload lots in May brought the index to thelevel of a year ago. The fluctuations in this indexduring the past year have been limited to a narrowrange, the peak exceeding the low point by only 11percent. The number of commercial failures in Maywas lower than in any month since October 1920, andthe number and liabilities of failures during the first 5months of this year were each less than half the totalof the same period a year ago. Both liabilities and thenumber of failures have risen slightly during the firsthalf of June.

Total newspaper advertising, as compiled by MediaRecords, Inc., increased 4.3 percent from April toMay and was higher for the latter month than for thesame month of the 2 preceding years. The most pro-nounced gains were in the retail and automotive fields.

DOMESTIC TRADE STATISTICS

Year and month

1931: May1932: May1933:

May _JuneJuly ._ .. _August .SeptemberOctober .November .December


Monthly average Januarythrough May:

1932 .

iRetail trade i

Department stores Chain-store sales

Sales

Unad- Ad-just- just-ed i ed *

Stocks 3

Unad-just-

ed

Ad-just-

ed a


97 . 9772 ; 72

67 6754 6849 7059 • 7773 7077 7075 65

321 69

57 ; 8959 : 7173 7773 ' 7777 77

P>01933 571934 63

8569

5656566273777862

'5963676867

705465

84

5557606470706965

6666656568

Com-binedindes

(19 com-panies)

Avg. samemo. 1929-

31 = 100

87

7882868485848388

89858886

.88

Variety stores

Unad-just-ed i

Ad-just-ed *

Monthly aver-age, 1929-31=

100

97.082.9

78.179. 174.476.782.586. 986.8

153. 7

70.273. 087.282.590.0

75. 6f/;) 5

! ! »87 i 80,8

97.082.9

78. 183.283.6 186.7 ;86.485.685.5 i83.3

94.287.594.387. 290. 0

Mailorderandstore

sales, 2houses

Thou-sands of

dolls.

50, 07038,718

37, 92338, 98633, 56640, 32743, 21953, 55052, 03761, 971

36. 70536, 01643, 59246, 03751, 072

35, 39530 X284?, 684

New passen- Iger car sales

i

Unad-just-ed i

Ad-just-

ed 2

Monthly aver-age, 1929-31 = 100

94.352.1

59.965.257. 558. 351.242.733.017.3

22.845. 768.487.977.7

42.838.860.5

67.037.0 .

42. 549.052.552.052.053.553.030.5

33. 554. 564. 559.055.5

Wholesaletrade

Em-ploy-ment

Payrolls

Monthly aver-age, 1929 = 100

87.177.9

74.075.776.979.782.183.583.483.3

82.483.083.683.984.6

79.974.083,5

84.769.7

57.457.359.160.862.366.064. 164.5

63.9 !64.665.766.868.3

71.358.265. 5

Freight-carloadings, mer-chandise I.C.I.

Unad-justed1

Ad-just-ed*

Monthly aver-age, 1923-25 =

100

9274

6867706970706863

6565676768

756566

8971

6667706968666767

7067666566

Commercialfailures

Fail- Liabil-ures ities

ber ofVoiis.2,2482,788

1,9091, 618

i 1,4211,4721,1161,2061, 2371,132

1,3641, 0491, 1021,052

977

i 2, 949i 2, 2151 1, 109

53, 37183, 764

47, 97235, 34527, 48142, 77621,84730, 58225, 35327, 200

32, 90519,44527, 22825, 78722, 561

92, 07158, 44925, 585

1 Corrected to average daily sales. ! Adjusted for seasonal variation. 3 End of month figures. ' 4-month average.


EmploymentEMPLOYMENT and pay rolls in manufacturing

industries in May were only slightly changed fromthe April totals. The factory employment index ofthe Bureau of Labor Statistics increased 0.1 percent,for the month, while the factory pay-roll index de-clined 0.3 percent. After adjustment for the usualseasonal variation, the factory employment index ad-vanced from 82.2 percent of the 1923-25 average to82.4 percent. The small pay-roll decline in Maymarked the first interruption of the upward trendwhich has been in evidence since the first of the year.The May employment index was 32 percent above thesame month a year ago and was higher than for anymonth since November 1930. The pay-roll index inMay was 57 percent higher than a year ago.

Of the 90 manufacturing industries for which indexesare available, employment gains were recorded in 48industries and pay-roll increases in 51 industries fromApril to May. Employment in 11 industries and payrolls in 21 industries increased 5 percent or more duringthe month. Seasonal influences were largely respon-sible for employment declines of 38 percent in the fer-tilizer iiidustr}^ and 20 percent in the cottonseed-oil,cake, and meal industry. Labor disturbances werepartially responsible for a 23-percent employment dropin the typewriter industry.

After adjustment for seasonal variations, 9 of the14 group indexes of factory employment increased.Declines were recorded for the chemical, rubber, tex-tiles, tobacco manufacturing, and transportationequipment industries.

Of the 15 nonmanufacturing industries surveyed bythe Bureau of Labor Statistics, only two reported de-

creases in employment and three decreases in pay rollsfor May as compared with April. Both employmentand pay rolls declined during the month in the metal-liferous mining and hotel industries, due to strikes inthe former industry and the seasonal shutdown ofwinter hotels in the latter industry. In the quarryingand nonmetallic mining industry, employment rose 11percent and pay rolls increased 17 percent. Employ-ment and pay-roll gains of 10 and 12 percent, respec-tively, in building construction, excluding PublicWorks Administration projects, were seasonal incharacter. Substantial gains were also shown forboth anthracite and bituminous coal mining and thedyeing and cleaning industries.

The Federal Emergency Relief Administration re-ports a fractional decline in the number of familiesreceiving relief in May as compared with April, asindicated by data from 141 cities and urban countiesrepresenting 60 percent of the total urban populationof the country. During this period relief expendituresin these same areas increased 12 percent. This gainin disbursements is explained as partially due to thehigher costs of the emergency works program as com-pared with the cost of direct relief. The number ofpersons employed on the Emergency Relief Adminis-tration work projects increased steadily from 737,560in the week of April 12 to 975,523 in the week of June14. Over 11 millions of dollars were paid theseworkers during the latter week, and to date over 104millions of dollars have been paid in wages on Emerg-ency Relief Administration work projects. TotalC.W.A. advances since December through the end ofMay totaled nearly 822 millions of dollars.

STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES

Year andmonth

1931: May1932- May1933:

MayJuneJuly .August— .-September - _OctoberNovember . _December...

1934:JanuaryFebruary. __MarchAprilMay .

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

193219331934

actory employmentand pay rolls

Employment

Unad-justed

Ad-justed1

Payrolls

Unad-justed

Monthly average,1923-25=100

80.163.4

62.666.971.576.480.079.676.274.4

73.377.780.882.383.4

67 260.579.3

80.363.7

62.967.472.576.478.077.875.975.0

75.178.481.082.283.4

73.446.8

42.747.250.856.859.159.455.554.5

54.060.664.867.367.1

51.539.783.8

Nonmanufacturing employment and pay rolls(Department of Labor)

Anthracitemining

Em-ploy-ment

Payrolls

Bituminouscoal miningEm-ploy-ment

Payrolls

Power and j j Telephone Retail tradolight || and telegraph Hetai1 trade

Em-ploy-ment

Payrolls

Em-ploy-ment

Payrolls

Em-ploy-ment

Payrolls

Monthly average, 1929=100 j

80.366.9

43.239.543.847.756.856.961.054.5

64.163.267.558.263.8

71.652.163.4

76.158.0

30.034.338.246.660.761.647.844.3

73.265.882.451.764.0

62.043.267.4

82.462.6

61.261.363.268.671.868.074.875.4

75.876.177.872.276.7

72.366.375.7

54.430.7

26.929.233.643.344.144.150.750.8

51.354.658.951.454.4

41.131.554.1

97.684.0

76.977.377.578.180.382.282.681.8

82.281.281.782.483.1

86.277.283.1

98.784.2

69.969.970.070.971.876.274.574.4

73.874.475.676.877.6

85.371.275.6

87.480.6

70.169.268.568.168.368.768.969.4

70.269.870.070.270.2

81.772.870.1

94.182.8

68.566.666.766.164.667.067.767.7

69.067.970.468.871.4

86.670.369.5

89.980.9

77. 078.374.678.1

i 86.089. 691.6

105. 4

84.683.887.288.288.8

81.775.586.5

88.0 !71.1

59.560.558.162.769.272.372.680.3

68.867.769.571.571.8

73.859.269.9

Trade-unionmem-

bers em-ployed

Percentof total

members7569

6769696971737271

7274757676

696675

Wages

Factory 8

Averageweekly

earnings

Averagehourly

earnings

Dollars

24.2517.17

16.7118. 4919. 1519. 2519. 46

i 19. 4618. 51

| 18. 58

18.8919.8120.4921.0020.81

18.3715.8020.20

0.570.510

.453

.452

.455

.497

.531

.540

.545

.550

.551

.558

.561

.579

.587

.521

.463

.567

Com-monlabor

Centsper

hour3732

3333343537373838

3737424343

333240

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


FinanceFINANCIAL markets during the past month have

been relatively inactive, with but slight altera-tions of previously prevailing trends. Interest hasbeen largely centered in the legislative program of theFederal Government. Of particular importance wasthe enactment of the following acts toward the closeof the Seventy-third Congress: The Securities Ex-change Act, which provides for the regulation ofsecurities exchanges; the Corporate Bankruptcy Act,permitting corporations to reorganize with the con-sent of a majority of the creditors; the extension untilJuly 1, 1935, of the temporary plan for bank depositinsurance and the increase in the insurable limit ofindividual deposits from $2,500 to $5,000; and theSilver Purchase Act.

Stock prices reached new low levels for the yearduring May, but in the early weeks of June quota-tions worked moderately higher. During the entireperiod the turn-over on the stock exchange was verylow, as evidenced by several full sessions in which thesales were lower than in a decade. Among the factorsexercising a favorable influence on prices were the datareleased on corporation profits in the first quarter of1934. The compilation of the New York FederalReserve Bank, covering approximately 500 concerns,showed the highest first quarter total since 1931.Profits were 175 percent larger than in 1933 and 40percent above 1932. Industrial and mercantile con-cerns reporting a net loss in excess of $18,000,000 ayear ago reported a net income of $95,000,000 in thefirst 3 months of 1934.

The bond market has also been comparatively dull.In general, the more speculative issues moved in sym-

pathy with stocks. High-grade bonds have enjoyeda strong demand, and quotations on United StatesTreasury issues reached the highest levels since themiddle of 1931. The tone of the market \vas unaffectedby the announcement that on June 15 the publicdebt had passed the former high record of approxi-mately $26,600,000,000 reached in August 1919.The total as of the later date was slightly in excessof $27,000,000,000.

Owing to the small flow of funds into the long-termcapital market and the consequent demand for short-term investments, money rates have continued excep-tionally easy. During all of May the volume ofopen-market commercial paper coming into the marketremained very low, while rates on this class of paperfell to 1 percent. Yields on short-term Treasury issuesalso showed further declines.

The large volume of idle member bank funds isreflected in excess reserves aggregating approxi-mately $1,675,000,000 in the week ended June 20.Loans and investments of the reporting member bankshave continued to decline. In the 6 weeks endedJune 13 investment holdings of the banks were re-duced by $33,000,000, while the loans outstandingdropped by about the same amount.

No important changes occurred during the period inthe volume of Federal Reserve bank credit outstanding.A slight drop in total bills discounted and in UnitedStates Government securities holdings was reported.Open-market bill holdings remained virtually negli-gible. Bankers' acceptances outstanding continuedto decline, while money in circulation and gold move-ments showed no significant changes.

FINANCIAL STATISTICS

Year and month

1931:May, _June . . _

1932:May .June

1933:MayJuneJulyAugustSeptemberOctoberNovemberDecember

1934:JanuaryFebruaryMarch..AprilMayJune

Bankdebits

outsideNewYorkCity

Repor t ing memberbanks, Wednesdayclosest to end ofmonth i

Loanson

securi-ties

Allotherloans

In-vest-

ments

FederalReservebankcreditout-

stand-ing,

end ofmonth

Totalbank-ers' ac-cept-ancesout-

stand-

end ofmonth

Netgoldim-

portsin-

cludinggoldre-

leasedfromear-

mark ?

i

Moneyin

circu-lation

Savings deposits

NewYorkState

PostalSav-ings

Millions of dollars

18, 85819,406

12, 49812, 901

11, 50912, 96913, 87812, 37512, 21513, 02711,92713, 288

13, 19811, 78414, 07714, 27814, 105

4,335! 4, 185

3,713i 3, 748

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

3,6093,5203,5143,5773,4763.529

5,7575,563

4,7724,7044,7744,7674,8534,9894,9994,765

4,7404,6654,6474,5594,5504.485

6, 7946,897

7,9418,2138,0118,0747,9898,1568,1048,200

8,7729,2159,3119,326 !9,2809.723

917943

2,0962,310

2,2182, 2202, 209 i2,297 i2,4212,5492,5812,688

2,6302,5672,5452,4852,463

1,4131,368

787747

669687738694715737758764

771750685613569

53.6156.1

-217. 7-234.8

1.0.3.6

-.9-7.4

-.52.7

9.4521.2236.751.138.2

4,6794, 750

5, 4565, 530

5,8765, 7425, 6755, 6165, 6325, 6565,6815, 811

5,669*5, 3395,3685,3665, 355

5,0835,156

5,2435,282

5,1135,1305,0855,0595,0795,0495,0295,064

5,0675,0765,1225,0975,090

325347

743784

1,1801,1871,1771,1781,1811,1891,1991,209

1,2011,2001,2001,1981,197 i

Stockprices(421)

Stand-ard

Statis-tics

1926=100

98.095.1

39.834.0

62.974.980.475.174.869.569.170.4

75.680.577.179.671.873.5

Bondprices,NewYorkStock

Ex-change

(do-mestic)

Dollars

94.8895.86

73.5775.66

84.7386.8488.0387.9185.8284.7082.9885.11

88.7790.1291.0992.5492.32

Newcapitalissues

Thous.of dollars

344, 164251, 163

90, 89783, 872

43, 574110, 148117,08345, 60063, 81458, 70288, 25757, 000

47, 77579, 12197, 276

143, 404102, 733

Aver-agedivi-dend

share(600

com-panies)

Dollars

2.412.36

1.481.34

1.061.051.051.051.061.061.101.11

1.121.151.161.161.18

Interestrates,com-

mercial

months)

Percent

2-2^2

2H-3/2

1

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

July 1934 SURVEY OF CUKRENT BUSINESS

Foreign TradeUNITED States exports declined 11 percent in value

during May while imports increased 6 percent.The usual seasonal changes in May are a decline of1 percent in exports and a reduction of 6 percent inimports. On an adjusted basis the value of exportsdropped below that of the 3 preceding months to45 percent of the 1923-25 average, or to approximatelythe level in January. Imports, after allowance forseasonal variations, increased from 42 percent of the1923-25 average to 47 percent and reached the highestlevel since last September. Exports, including reex-ports and general imports, were valued at $160,207,000and $154,647,000, respectively, and exports of UnitedStates merchandise and imports for consumption, at$157,171,000 and $146,866,000, respectively.

Each of the 11 leading groups of export commodities,except edible animal products and the group of mis-cellaneous articles, were smaller in value than in April,although half the reduction in the value of total ex-ports was due to smaller shipments of unmanufac-tured cotton and refined mineral oils. The decline inexports of cotton was largely a seasonal movement andsmaller exports of furs, fruits, and tobacco also reflectedseasonal influences. Wheat exports decreased from3,576,000 bushels in April to 1,456,000 bushesl inMay.

Finished manufactured exports declined 9 percent invalue as compared with April, which represented thefirst recession shown for this group since January.The value of machinery exports dropped below that ofthe 2 preceding months but continued well above the

corresponding periods of the 2 preceding years. Ex-ports of automobiles, including parts and accessories,decreased about $800,000 in value as compared withApril but were two and three-fourths times greaterthan in the same month of either 1933 or 1932 andabout two-fifths larger than in May 1931. Among theleading commodity exports iron and steel-mill products,coal, crude sulphur, and industrial chemicals increasedin value during May. Exports of meats and lards alsoshowed substantial gains in quantity, which resultedin a slight increase in May exports of manufacturedfoods. Each of the other economic classes of exportsdeclined in value during May.

Incoming shipments of a wide range of commoditieswere larger in May than in April. Especially notablewas the increase in cane-sugar imports from the Philip-pine Islands from 448,171,000 pounds, valued at$12,858,000, in April to 560,250,000 pounds, valuedat $15,622,000, in May. Imports of cane sugar fromthe Philippines and the Virgin Islands in the 5 monthsending May have totaled 1,740,755,000 pounds in com-parison with 424,906,000 pounds imported from foreigncountries during the same period of 1933.

The value of crude rubber showed a further sub-stantial increase during May, in large part the resultof the upward movement in prices. Imports of coffeeand unmanufactured wool fell off considerably.

Prices of goods entering into United States foreigntrade continue to show, on the average, relativelysmall variation. Since the first of the year, both ex-port and import prices have advanced about 3 percent.

EXPORTS AND IMPORTS

Year and month

1931- May1932- May ..1933:

MayJuneJulyAugust - -SeptemberOctoberNovember.December


Cumulative, January-through May:

19321933 ... .1934

Indexes

Totalex-

ports,ad-

justed i

Totalim-

ports,ad-

justed^

Monthly aver-age, 1923-25=100

5737

3236433840424248

4447505045

340330347

5534

3240485048464042

4242444247

338328343

Ex-ports,in-

clud-ing

reex-ports

Exports of United States merchandise Imports 2

Total

Crudematerials

TotalRawcot-ton

Foodstuffs

Total

Fruitsand

prep-ara-tions

Semi-man-ufae-tures

Finishedmanufactures

TotalMa-chin-

ery

Auto- |mo- ibiles,parts,and

acces-sories

TotalCrudema-

terialsFood-stuffs

Semi-man-ufac-tures

Millions of dollars204.0131.9

114.2119.8144.2131.5160.1193.9184.3192.6

172.2162.8191.0179.4160.2

725.9549.6865. 6

199.2128.6

111.9117.5141.7129.3157.5191.7181.3189.8

169.5159.7187.5176. 5157.3

710.2539.3850. 4

36.529.8

35.040.351.542.063.682.571.373.1

60.454.255.345.938.0

216.6167.1253.7

18.917.7

26.129.336.828.245.354.348.844.3

41.537.734.724.517.6

148.2111.4155. 9

29.420.0

13.013.415.416.918.723.524.124.3

22.719.620.117.816.8

109.166.797.0

6.64.5

3.82.94.35.66.8

11.09.78.3

8.46.85.54.43.3

28.819.028.4

29.918.2

17.618.221.420.521.324.624.228.5

25.024.531.429.426.2

92.078.5

136. 4

103.460.5

46.245.753.450.053.961.161.863.9

61.461.480.883.476.2

292.4227.0363.2

26.511.3

9.19 3

io!i10.911.713.516.015.8

14.414.618.319.217.0

62.245.083.4

14.37.9

7.47.07.58.18.38.67.39.3

10.813.220.621.520.6

39.334.586.7

179.7112.3

106.9122.3143.0155. 0146.7150.9128.5133.2

128.7125.0153.1141.1146.9

636.5470.0694.8

54.228.4

24.934.346.450.748.346.937.336.2

35.736.944.941.042.8

176.1118.0201.3

49.637.2

40.036.938.835.431.234.830.642.^

39.338.348.645.646.3

193.7167.1218.1

30.417.2

18.327.831.035.233.533.227.827.2

26.422.229.726.126.9

106.876.4

131.4

Fin-ishedman-ufac-tures

45. 529.5

23.623.326.833.733.636.032.827.7

27.327.629.828.430.8

159.9108.5144.0

i Adjusted for seasonal variation.

69507—34 2

2 General imports through December 1933; imports for consumption in 1934. * Monthly average.

10 SURVEY OF CURRENT BUSINESS Julv 1934

Real Estate and ConstructionCONSTRUCTION contracts awarded in the first

half of June, amounting to $63,000,000, fellslightly below the average level of awards reported inMay, when adjusted to a daily average basis for com-parative purposes. The decline was the result ofsmaller contracts for projects other than residentialbuilding. An increase of one-third occurred in theamount of residential awards. The daily averagevalue of such undertakings reached the highest levelsince December 1931.

Failing to reflect fully the usual seasonal increase,the value of construction contracts awarded duringMay showed only a slight expansion over April. Totalawards amounted to $134,000,000, an increase of 2percent over the preceding month and of 74 percentover the contracts reported a year ago. The slightgain over April was due to larger contract totals forresidential and nonresidential building, which showedincreases of 10 and 36 percent, respectively. Public-works and utility contracts declined 19 percent. Totalawards in the first 5% months of the year, aggregating$790,000,000, were more than twice as large as the compa-rable total reported in the corresponding period of 1933.

According to data compiled by the F. W. DodgeCorporation, May contracts for publicly financed workamounted to $71,600,000. While this was 5 percentless than the April total, it indicated that public fundscontinue to finance well over half of the total awards.Contracts for privately financed building in Mayreached $62,900,000, an increase of 12 percent overApril and a 17 percent increase as compared with May1933. The gain in this class of contracts in May,however, was entirely due to the inclusion in the

month's total of one large building project in the NewYork metropolitan area. Private contracts awardedduring the first 5 months of the year aggregated$232,000,000, an increase of 18 percent over therelatively small total in the same months of 1933.

Residential building for the year through Mayshowed a gain of 23 percent over last year, but remained25 percent below the total reported in the same periodof 1932. In May the value of residential contractswas slightly higher than in the preceding month butfor the first time since October fell behind the cor-responding monthly total of the preceding year.

Among the final acts of the Seventy-third Congresswas the passage on June 18 of the National HousingAct, the provisions of which were briefly outlined inthe June issue. As enacted, the provisions were sub-stantially unchanged from those incorporated into theoriginal bill. The measure is expected to providerelief from some of the deterrents to constructionactivity, and coincident with its passage tentativeplans were suggested for reducing the costs of build-ing, which appear to be one of the potent factors con-tributing to the present state of inactivity in privatebuilding.

Real estate foreclosures reported so far in 1934 haveremained relatively high, although some improvementhas occurred when comparisons are made with a yearago. In communities comprising 54 percent of thepopulation of the country, farm, commercial, andhome foreclosures during the first 5 months of theyear numbered 79,200, a decline of 11 percent fromthe 88,900 reported a year ago, but they were nearlythree times as large as the average for the year 1926.

BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE

Year and month

1931: May1932: May1933:

MayJuneJulyAugustSeptemberOctober.. _.NovemberDecember . ..

1934:JanuaryFebruaryMarchAprilMay _ . .

Monthly average January throughMav:

193219331934

Construction contracts awarded

F.E.B.indexad-

justed i

Monthlyaveraere,1923-25 =

100

6526

1618212430374858

4944333226

271737

All types ofconstruction

Num-ber ofproj-ects

11, 5067,513

9,4099,1748.2288,1867,5947,4766,2327,677

7,7295,5077,9278.1149,153

6,336' 6, 130! 7,686

Mil-lions ofdollars

306146

7710283

106120145162207

18697

178131134

11166

145

Residentialbuilding

Mil-lions ofsquare

feet21.96.7

8.48.37.46.46.36.96.45.9

3.93. 68.06.06.2

!7.15.15.5

Mil-lions ofdollars

88.925.6

26.527.823.621.921.521.523.623.9

15.114.528.122.724.8

27.917.121.0

Pub-lic

utili-ties

Pub-lie

works

Millions ofdollars

19.13.8

5.65.04.1

19.43.47.06.9

34.0

10.66.4

21.012.45.6

6.74.6

11.2

90.557.9

13.419.414.832.057.385.7

104.199.2

103. 146.771.957.551.2

31.517.466.1

Explo-sives,new

orders

Thou-sands ofpounds

28, 18516, 954

16, 49720,32723, 83425, 10625, 10725, 08423, 25623, 318

28, 50425, 58427, 72526, 958

18, 54416, 671

Building materialshipments

Maplefloor-ing

Oakfloor-ing

Thousands offeet, boardmeasure

3, 3152,325

2,7154,3844, 3263, 3862,6223,2362,3003,234

3,6653,6654,6434,3034,512

2,1681,7744,158

27, 74512, 939

14, 54917, 72313, 67612, 7939,5638,624

10, 0176,417

5,1378,112

13,7119,4769,813

12, 3778,4229,250

Ce-ment

Thou-sands ofbarrels

14, 2008,020

6,7097,9798,6975,9946,5176, 7504,4633, 738

3,7782,9524,6186,4928,784

5, 0083,9905,325

Highwaysunder

construc-tion

(NationalIndus-

trialRecovery

Act)

Thou-sands ofdollars

34, 96292, 215

134, 491159, 575

197, 088216, 291239, 974269, 229288, 460

Con-struc-tion

costs,Eng.

News-Rec-ord 2

Month-ly av-erage,1913=

100189.3152. 8

164. 4163. 4165.5167.0175.5187.7190.1192.1

191.3194.0194.0195.9199.6

157. 5160.1195.0

Long-termreal-

estatebondsissued

HomeLoanBank,loansout-

stand-ing

Thousands ofdollars

9,4850

00000000

00000

494180

0

38, 93247, 57953, 74559, 80666, 32973, 11080, 69988, 442

92, 49794, 04093, 12588, 92286, 842

21,05091,085

1 Based on 3-month moving average and adjusted for seasonal variation. 2 First of month, June 1, 1934, index, 199.6.

July 1934 SURVEY OF CURRENT BUSINESS 11

TransportationTOADINGS of freight during May increased to ap--L/ proximately the figure for March, following thesharp decline in April. The increase for the monthwas greater than the usual seasonal advance for thisperiod. The adjusted index of the Federal ReserveBoard rose 2 points to 64, on the base of the monthlyaverage for 1923-25 equal to 100. This is 8 pointsabove the similar index for May a year ago, but isslightly below the index in July of last year and Marchof this year. Daily average loadings during the first23 days of June were slightly less than in May.

The broad base of the May increase in freight move-ments is indicated by the fact that after adjustmentsfor the usual seasonal change, the index for every oneof the eight groups of freight increased during themonth. Ore loadings for May were almost three timesthe loadings for April and for May a year ago.

Total loadings for the 24 weeks of the year throughJune 16 amounted to 14,133,887 cars. The compara-ble figure a year ago was 2,000,000 less and, in 1932,1,000,000 less.

Shipments through the Sault Ste. Marie canal were 65percent above shipments for last May and were morethan three and one-half times the shipments in May 1932.This increase resulted mainly from heavy shipments ofore and a substantial increase in the coal tonnage handled.

Total operating revenue of class I railroads for April,according to the Bureau of Railway Economics, was18 percent above April 1933, but 10 percent below thefigure for March 1934. Net railway operating income

for the first 5 months of 1934 was equivalent to anannual rate of return of about 2}/7 percent of the prop-erty investment of the roads. This compares with arate of 1.06 percent in the same period of 1933. De-spite this improved showing, 35 class I carriers havefailed to earn their interest and fixed charges so farthis year. Preliminary data indicate a substantial in-crease in gross and net operating revenues for May, dueto the upward trend of freight traffic. The first 51roads to report for May showed an increase of 9.3 per-cent in gross revenues and an increase of 28 percent innet operating income as compared with April.

The upward trend of revenues and the financial as-sistance rendered by the Government continue to bereflected in an increase in orders for equipment, ma-terials, and supplies. Available data indicate thatduring the first 5 months of the current year such ordersapproximated $225,000,000, exclusive of expendituresfor fuel and P.W.A. allotments not yet spent, accord-ing to the Railway Age. Last year similar purchasesdid not exceed $95,000,000. Including fuel, purchasesamounted to approximately $300,000,000, or twice theexpenditures a year ago. These equipment ordershave been reflected in a substantial gain in employmentand pay rolls in the equipment manufacturing industry.

The number of emplo3'ees of class I railroads, ex-cluding switching and terminal companies, increasedby more than 31,000 from the middle of April to themiddle of May. The May figure is the highest reachedsince May 1932.

RAIL AND WATER TRAFFIC

Year and month

1931: May _ . _. ...1932: May1933:

MayJuneJulvAugustSeptember . . .OctoberNovemberDecember _

1934:January.. _.February _.MarchAprilMay

Monthly average, Januarythrough May:

193219331934 .. ._

Freight-car loadings

F.R.B. index

ooj3

?as

I

Monthly aver-age, 1923-25 =

100

7953

5660666568666155

5861636064

575161

7954

56606561605860 162

6464666264

3S

,__, M3

3Q3

1-M

Q>

1

i"g-sC v*9

rt&

*1

2

o>tt

•0

•iuh0

S 1

t«

1w

1 Fre

ight-

car

surp

lus

Thousands of cars *

739.7522.0

535.8566.3621.8625.7640.9651.4591.5513.1

544. 4577.2611.8583.7610.4

554.9496.1586.8

113.974.6

80.690.5

112.1123.5125.0125.0125.5114. 1

129.8143.8145.9100.3106.8

103.196.7

126.3

6.53.1

3.84.96.66.77.06.76.46.7

7.710.18.95.86.8

4.94.67.9

32.918.7

21.025.126.827.224.724.423.418.1

18.321.823.724.225.1

19.216.322.7

35.829.2

37.136. 744.929.631.229,830.925.9

29.430.129.626.528.1

30.830.528.8

20.417.1

16.515.515.016.620.323.220.515.1

17.515.313.416.316.2

18.715.815.6

217.5182.1

165.6163.6166. 4170.0168.4172.fi166.7148.5

153. 8156.9165.5166.0164.9

185.1158. 3161.6

17.32.6

7.911.122.134.236.827.87.42.9

3.13.13.77.4

20.7

2.93.47.4

295.4194.5

203.0219.0227.8217.9227.6242.0210.7181.9

184.8196.2221.0237. 4241.6

190.1170.6216.4

616751

553454393398380385441463

434375357368355

730fi39378

Pu

llm

an

pa

sse

ng

ers

carr

ied

Thou-sands

1,9001, 270

9511,2011,2241, 3511,3921, 2561, C541,333

1,3061, 1321,2271,212

« 1, 439«989

01,219

Financialstatistics

Z££ rt

B.shPIll:to

*5is•o"— » <eH cfi»cJ»-»«e2SI5s1

Thousands ofdollars

40, 74211,666

40, 69359, 48364. 30760, 97860, 93657, 26537, 56637, 704

30, 93129, 28152, 03832, 265

31,50017, 200

1,4252,950

16, 5004,9006,800

18, 2002,0005,700

26, 96013, 60015, 60017, 900

"21,413 ;«31,200'13,469 i "17, 119«-36. 129 '"18.515

Canal traffic

*15m+*

I

SOQ

I®fc

Thousands ofshort tons

4,3351,568

3,4903,5826,0507,6918,4537, 1543,014

172

000

135,745

457415

542479473623517593664

0

000

140550

1

Thous.of longtons

937662

783779823

1,002981

1,082964922

846979

1,1191,038

"657"643"996

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


Automobiles and RubberPRODUCTION of automobiles has moved down-

ward since April in reflection of the decliningtrend of retail sales of cars. Following the generalreduction in passenger-car prices in the early part ofJune, some improvement in retail sales was reported,with the result that production picked up slightly inthe second week of the month. Total productionduring June is expected to show a reduction belowthe May total, but a sizeable increase over June 1933.Indicated production of the United States for the firsthalf of 1934 is approximately 1,700,000 units, or about71 percent in excess of the total for the correspondingperiod of 1933.

A slight revision in the United States productiondata for the year 1933, and the first 4 months of 1934,has been made. A complete record of the reviseddata may be found on page 55. The drop in May 1934output from the revised April total amounted to23,000 units, or 6.5 percent. The seasonally adjustedindex of the Federal Reserve Board dropped by 8percent. The recession in truck production wassomewhat greater relatively than in passenger cars.

Domestic sales of new passenger automobiles havebeen irregular in recent weeks. May sales wereabout 10 percent less than in April, although theywere about one-third higher than in 1933. Afteradjustment for seasonal variation, the index was 5percent below the April figure.

The number of employees in the automobile in-dustry in May was about the same as in April, althoughthe declining trend in production was reflected in a

drop of 6.5 percent in pay rolls. The number at workat the spring production peak in April was considerablymore than double the total a year earlier, and was inexcess of any monthly total since June 1929. Payrolls in May were the highest, with the exception ofApril 1934, since September 1929.

Production in the rubber industry declined duringMay. However, domestic consumption of cruderubber represented the heaviest May consumptionsince 1929. The recession in activity was mainly intire-and-tube and boot-and-shoe manufacturing, theother branches of the industry showing little changefrom the preceding month.

Curtailed production of automobile tires and tubesand an increase in shipments resulted in a reductionin manufacturers' stocks which had been built up overa period of months. Preliminary statistics indicate again in shipments of casings in May, as compared withApril, of about 20 percent, while production fell off byabout 7 percent. As shipments of tires for originalequipment followed the declining trend of automobileproduction, the increase in the total was the result ofthe sharp increase in domestic sales for replacementpurposes and sales for export. Stocks of casings atthe end of May, amounting to 10,800,000, were about800,000 less than a month earlier.

Crude rubber stocks rose by about 1 percent duringMay, due to the increase in United States stocks andstocks afloat. World stocks have increased by 10 per-cent in the past year notwithstanding the improvedtrend of consumption.

AUTOMOBILE AND RUBBER STATISTICS

Year and month

1931: May1932: May1933:

MayJuneJulyAugustSeptemberOctoberNovemberDecember

1934:JanuaryFebruary .MarchAprilMay ..

Monthly average, Jan-uary through April:

1932. _.19331934

1Automobile production

United States

F.B.B.index,

ad-justed1

Month-ly av-erage,1923-

25=100

7845

5066706156463247

5873808578

384074

TotalPas-sen-gercars

Thousands

3171 184

215250

i 230i 234! 193

13561

! 81

157232331355332

138149281

271158

1822091931931591064151

113188

! 275i 289

274

114126228

Taxi-cabs Trucks

Canada

Total

Automobileexports

Passen-ger Trucks

Newpas-

sengercarreg-

istra-tions

Number

34073

54354

689

631.6111,299

321271610

6025673

45, 68826, 539

32, 85141, 17237, 24240, 64633, 92629, 20818, 35429, 194

43, 25544, 04156, 52565, 71457,876

23, 46722, 23553,482

12, 7388,221

9,3967,3236,5406,0795,8083, 6822,2913,262

6,9048,571

14, 18018, 36320, 161

6,5116,188

13,636

8,4683,604

5. 0934, 7575,5466, 5166,3305,9063,5273, 066

3,6858,872

16, 14116, 50916, 058

4,6465,773

12,253

4,4961,503

2,4452,4783,5823,7924.6145, 5673,1766,460

7,5736,039

10, 07610, 7568,612

2,1892,7708,611

247, 727131, 282

160, 242174, 190185, 660178, 661157, 976136, 32694, 18058, 624

61, 24294, 887

173, 287222, 900217, 000

102, 975101, 656153,863

New passenger-car sales

Unad-justed

Ad-justed i

Monthlv average,1929-31 = 100

94.352.1

59.965.257.558.351.242.733.017.3

22.845.768.487.979.2

42.838.860.8

67.037.0

42.549.052.552.052.053.553.030.5

33.554.464.559.256.4

Pneumatictires »

Pro-duc-tion

Do-mesticship-

ments

Thousands

4,5433,056

4,1514,8804,5713, 9953,1992, 7432,4322,466

3,8044,2055,0254,6274,309

2,9352,3914,394

4,1973,325

4,0774,3204,3243,6742,7141,9431,6862,726

3,0433,1063,9664,2125,028

2,6022,4683,871

Crude rubber

Do-mesticcon-

sump-tion,total

WorldIm- stocks,ports 1 end of

month

Long tons

34, 79226, 861

38, 78544, 65443, 66039,09731, 04727, 75825, 37125, 306

35, 15936, 54843, 32940, 90239, 571

25, 93523, 21139, 102

35, 84434, 323

26, 73623, 50445, 24345, 41346, 25546, 03441, 82140, 751

49, 08835, 22042, 25345, 17549, 901

36, 06325, 97544, 321

531,516629, 110

620, 586632, 565619, 752603,711619, 019628, 127646, 423644, 898

643, 355652, 690653, 000653, 353660,094

626,031618, 674652, 498

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


Forest ProductsE'TMBER production during May was at the same

rate as in April. In the first half of June, however,it declined partly in reflection of labor difficulties on thePacific coast, but also on account of the falling off innew orders, which were substantially less than the cut.Lumber shipments were below production for eachweek of May and the first two weeks in June, resultingin a further increase in mill stocks. Stocks held byapproximately 1,750 mills increased 5 percent betweenthe period April 28 and June 9.

The Lumber Code Authority has set the productionquota for the third quarter of the year at 3,845,000,000feet. This represents a reduction of 15.5 percent fromthe established production for the current quarter.Of the total, softwoods were reduced by 13.2 percentand hardwoods by 25 percent as compared with thecurrent quarter. In announcing the quota, the CodeAuthority stated that "the severe curtailment of pro-duction * * * is partly due to the fact thatproduction totals have been consistently kept abovethe probabilities of consumption since the LumberCode became effective, last August, on the theory thatevery reasonable effort should be made to encourageproduction, employment, and sales. The result* * * has been some increase in inventories sincethe code went into effect, while the expected revivalof building has not yet come."

Employment in the lumber and allied products in-dustry again increased during May, reaching a highpoint for the year. It was 3.2 percent greater thanin April and 35 percent higher than in May 1933.Pay rolls also were greater than during April and at

34.6 percent of the 1923-25 average were the highestsince October 1933.

Car loadings of forest products for the 4 weeksended May 26, amounted to 100,579 cars, which was20 percent higher than the same period in 1933.Estimated loadings of lumber, totaling 41,206 cars,were also well above the 1933 level.

Wholesale prices of lumber declined fractionally onthe average during May, although the index wasapproximately 44 percent higher than in May 1933and May 1932.

Conditions in the naval-stores market remainedquiet during May. Receipts of gum turpentine androsin at Savannah, Jacksonville, and Pensacola con-tinued to show seasonal increases, with gains alsobeing made in port accumulations. Production andstocks of steam distilled wood naval stores showedmixed trends. Production of turpentine and rosindeclined slightly from the preceding month whilestocks moved upward. Wholesale prices of navalstores declined slightly during the month.

Employment in the paper and pulp industry increasedfurther during May. Pay rolls, which declined slightly,were 36 percent higher than during May 1933. Pro-duction of newsprint increased seasonally as comparedwith April, and the total produced was the largestMay output since 1931. Stocks at United States millswere lower. Canadian production of newsprint wasthe largest since November 1929. Stocks of newsprintat Canadian mills, aggregating 42,459 tons at the endof May, were greater than April but were slightly lessthan May a year ago. Prices remained steady.

FOREST PRODUCTS STATISTICS

Year and month

1931: May1932: May1933:

MayJuneJulyAugustSeptemberOctober - . _ _NovemberDecember

1934:January. _ , _February _ , _ __ .March __ _AprilMay

Monthly average, Janu-ary through May:

193219331934

Prodiadju

Lum-ber

iction,stedi

Paperand

print-ing

Employment Payrolls

F,T Saw-ture, ™j»s'

d ' ad-justed JU8tcd

Tur-pen-tineand

rosin,unad-justed

I Unadjusted

Fur-ni-ture


4828

3038464638333032

3429383333

262433

11190

92101111106104999597

9999

100100

"9834

"100

77.957.9

56.461.665.368.674.872.267.363.8

62.263.064.163.064. 5

64.052.863.4

44.726.0

23.326.630. 132.734.535.634.434.0

32.132.733.734.535.6

27.323.033.7

96.970.7

71.981.183.589.497.6

103. 9101.1107.7

97.898.6

101.4101.2103.4

73.467.8

100.3

61.331.7

28.834.036.043.952. 855.045.040.1

! 35.340.541.140.340.5

39.625 9

! 39^5

Saw-mills

39.115.0

11.514.417.020.123.223.321.820.0

17.419.120.722.524.2

15.210.420.8

Tur-pen-tineand

rosin

53.334.2

31.233.234.236.343.348.345.348.9

50.451.746.253.751.4

33.629.35 0 . 7 ]

Car-load-ings,forestprod-ucts 2

Lumber production

Doug-lasfir

South-ernpine

South-ern

hard-woods

Cali-forniared-wood

Thou-sands of Millions of feet, board measure

cars i

32.918.7

21.025.126.827.224.724.423.418.1

18.321.823.724.225.1

19.216.322.7

207100

137175196188137132128111

109132151153132

i 104i 110

135

148100

11612112613311410410396

106112124117118

9691

115

14698

135169165150143131135

124128120135116

88

125

i?79

1518221617

20232524

"13"13"23

Newsprint

Con-sump-tionby

pub-lish-ers

Im-ports

Pro-duc-tion

Short tons

179, 836152, 321

160, 773130, 879132, 482127, 837134, 306152, 098154, 934148, 427

140, 955153, 958156, 721160, 815

"149,655"124,797"153, 112

192, 688175,876

157,314142, 700183, 433151,210177, 750175,711176, 766168, 787

168, 752124, 584168, 839196, 490204,036

157, 314127, 370

98, 99286, 963

79,99181, 93979, 61687, 95772, 09182, 05287, 56780, 895

84, 89771, 54484, 96680, 50589, 726

92. 09674,60082,328

1 Adjusted for seasonal variations. 2 Weekly average. "4-month-average.

14 SUEVEY OF CURRENT BUSINESS July 1934

Iron and Steel Industry\ FTER a slight recession late in May, activity in the

-*—*- iron and steel industry again turned upward andin the early part of June steel mills were operating atthe highest level of the year. This contraseasonalexpansion in output was partly attributed by the tradeto the desire to forestall possible strike interruptionsand to specifying against expiring second quarter con-tracts on the part of consumers. According to tradeestimates, the rate of operations during June averagedclose to the officially reported rate of 58 percent inMay. In June 1933 the operating rate was at 46percent. Tin plate mills were particularly active.The demand for this product has been heavy since thefirst of the year, and in recent weeks activity at themills has been holding around 75 percent of capacity.

Steel mill activity during May was only slightlylower than the peak level reported last summer.Reflecting the broad advance in general operationsduring a period when the industry usually experiencesa recession in activity, the Federal Reserve Board'sadjusted index of production rose 8 points to 85 percentof the 1923-25 average monthly level. With theexception of last July, output was at the highest ratesince August 1930.

Employment and pay rolls in the industry havefollowed the upward trend of production. The relativegain in pay rolls in May was more marked than inemployment. The number of wage earners employedin steel works and rolling mills increased 5 percentduring May, while the advance in wage paymentsamounted to 11 percent. The number employed dur-

ing this period was approximately half again as largeas a year ago, while pay rolls were considerably morethan twice as high.

Pig-iron production in May exceeded 2,000,000 tonsfor the first month since April 1931. On a daily averagebasis, the gain over April amounted to 14 percent andalmost twice as many furnaces were in blast as duringMay 1933. The tonnage of pig iron produced in thefirst 5 months of the year was two and a half times aslarge as in the corresponding period of 1933. As inthe case of pig iron, the upward trend in steel produc-tion has been continuous since last Novembe.r. Forthe first 5 months of this year the average rate ofoperations has been 47 percent of capacity, as against23 percent in the same period of last year.

vSteel shipments of the United States Steel Corpora-tion during May totaled 745,000 tons, the largestvolume for any month in 3 years. The 16 percentincrease over April was ascribed partially to thedeliveries against previously placed contracts, as noperceptible increase has been apparent in actual con-sumption and some of the major consumers, the auto-mobile industry, for example, have needed less steelcurrently due to declining production.

The downward tendency which had prevailed insteel scrap prices, from March to the early part ofJune, has been arrested and prices have recently movedslightly higher. Quotations for most finished iron andsteel products have continued unchanged in recentweeks at the higher prices which were announced inApril.

IRON AND STEEL STATISTICS

Year and month

1931: May .1932: May1933:

MayJune -.JulyAugustSeptemberOctoberNovember _ , . _. ..December

1934:JanuaryFebruary _ _ __MarchAprilMay . .


1932 .19331934

Genera! operations

Produc-tion,ad-

justed i

Em-ploy-ment,

ad-justed'

Payrolls,

unad-justed

Monthly average,1923-25 = 100

6729

4972

1008066614701

5684677785

363370

72.653.6

50.455.662.868.770.969.468.167.6

64.966.469.171.574.2

57.448.169.2

63. 730.7

29.836.241.450.047.547.643.343.7

41.145.751.356.861.2

34.424.951.2

Iron andsteel

Ex-ports

Im-ports

Pig iron

Pro-duc-tion

Thousands of longtons

9580

12310388

119109165158185

178151261202242

5483

207

3740

2634534756472931

2325382729

352428

1,994784

8871,2651,7921,8331,5221,3561, 0851, 182

1 1, 2151 1, 264

1, 6201, 7272,043

908635

1,574

Fur-naces

inblast

Num-ber

10553

6390

1069889797675

878996

110116

6048

100

Steel ingots

Pro-duc-tion

Thou-sands

of longtons

2, 5521,125

2,0022,5983, 2042, 9012,3132, 1121, 5411, 820

1,9972, 2122, 7972, 9363,397

1,3571,2782,668

Per-cent

ofca-

pac-ity

4620

3446594941372733

3443485458

242347

Steel sheets 2

Newor-ders

Ship-ments

Thousands ofshort tons

14991

1442471741591457988

110

209184158272246

105100214

192107

11915317417416417599

112

131147201184241

11289

181

UnitedStatesSteel

Corpo-ration, jfinished!prod-ucts,ship-ments

Longtons

764, 178 !338, 202

455,302603, 937701, 322668, 155575, 161572, 897430,358 ;600,639

331,777385, 500588,209643,009 ;745,054

392, 229321, 697538, 710

Prices

Ironandsteel,com-posite

Steelbillets,Besse-mer

(Pitts-burgh)

Steel Finishedscrap i steel,(Chi- com-cago) posite

: DollarsDollars per long ton per 100

j pounds

31.3929.62

28.4528.7329.8130.0431.3031.5931.5932.42

32.4232.4232.4034. 1834.77

29.7128.3933.24

29.5027.00

26.0026.0026.0026.0026.0026.0026.0026.00

26,0026.0026.0026.7529.00

27.1526.0026.75

8.886.40

8.458.91

10.4110.459.849.338.568.94

10.5011.0012.1311.7510.95

7.046.04

11.27

2.212. 17

2.082.092.172.172.202.262.262.31

2.312.312.312.402.53

2.152.092.37

i Adjusted for seasonal variation. 3 Black, blue, galvanized, and full finished.

July 1934 SUEVEY OF CURRENT BUSINESS 15

Textile IndustriesACTIVITY in the textile industries has tended

downward during May and June. The completeshut-down which was in effect in the silk industry for1 week in May resulted in a substantial curtailment ofoutput and a reduction in surplus stocks. Otherbranches of the industry which did not resort to similaraction in May reported a declining trend in both pro-duction and new orders. A general curtailment ofoperations in the cotton-textile industry became effec-tive on June 4.

Slackening in demand has had some effect on whole-sale price quotations, but price recessions up to themiddle of June have been moderate. The compositeindex of textile products receded 1 point to 72.5 percentof the 1926 average in the 5-week period ended June 16.

Raw-cotton consumption, per working day,amounted to 19,614 bales in May, compared with20,791 bales in April, and 23,277 bales in May 1932.While consumption in May was considerably less thanin the corresponding month a year ago, otherwise itwas the largest May total since 1929. Spindles wereoperated at 98.2 percent of single-shift capacity duringMay, a reduction of 6 percent as compared with thepreceding month. Operations in the weaving indus-try were maintained at a relatively high level,although production in May was less than in each ofthe 3 preceding months. Shipments and saleswere off more sharply than production, being equiv-alent to 85^percent and 58 percent, respectively, ofthe output. Stocks rose rapidly and at the end of

May were equivalent to more than 10 weeks' salesat the May rate of incoming business.

While consumption of raw silk was slightly higherin May than in April, the seasonally adjusted indexdeclined. Spindle activity dropped sharply. Twist-ing spindles, which were operated at 49 percent ofcapacity in April, dropped to 32 percent in May.5-B spindles were operated at 46 percent of capacityin April and at 39 percent in May. The curtailmentof weaving operations resulted in a 22-percent drop inthe production of stock-carrying mills in the latter halfof May as compared with the first 15 days of the month,and a drop of 54 percent as compared with a year ago.In the first half of May, output was 9.1 percentlower than in the preceding semimonthly period and30 percent below a year ago. Stocks on hand werereduced by 8 percent between the 15th and the 31st.

Raw wool consumption underwent a further shrink-age in May, the decline as compared with Aprilamounting to 6 percent, but machinery activity wasonly slightly changed. Combing and worsted spindleactivity increased, while woolen spindle hours werethe same as in April. Weaving output was higher, wideloom activity advancing from 55 to 58 percent of capac-ity, and carpet and rug looms from 39 to 43 percent.

On page 53 of this issue may be found a new serieson production, shipments, and stocks of hosiery.These data are compiled by the Hosiery Code Author-ity and represent mills having about 95 percent of theoutput of the industry.

TEXTILE STATISTICS

Year and month

1931: May1932' May1933:

MayJune _JulyAugustSeptemberOctoberNovemberDecember ._ _

1934:January _ _ _ _FebruaryMarchAprilMay


193219331934

Prod

ucti

on in

dex,

ad-

just

ed i

Month-ly av-erage,

1923-25=100

9759

10813313011499918978

8791949089

768890

Cotton,raw

Mil

l co

nsu

mp-

tio

n

Run-ningbales

"4657363"332, 372

620, 561697, 261600, 641588, 570499, 486503, 873475, 368348, 393

508, 034477, 890543, 690512, 703519, 765

414, 745499, 498512,416

Cotton and manufactures

Sp

ind

le a

ctiv

ity

,to

tal

Mil-lions ofspindlehours

6,7334,592

8,3299,2998,1287,9427,0587,2616,7965,095

6,9706,6927,7207,2607,379

5,9087,0057.184

Cotton clothfinishing 2

Pro

du

c-ti

on &&

PIThousands of

yards

86, 517

99,901104, 920131,426122, 951

137,661

106, 280104, 94999, 614

106, 388

Who

lesa

le p

rice

,co

tto

n g

oods


10069.252.9

57.967.180.293.591.388.886.085.5

86.588.689.188.286.3

55.351.687.7

Wool

Co

nsu

mp

tio

n 3

Thou-sands

ofpounds

44, 96616, 519

46, 89858, 68857, 37755, 69450, 46751, 03743, 46633, 570

35, 96834, 34836, 11929, 88928,213

26,90733, 86632, 907

Wool manufactures

Spinningspindles

Woo

len

Wors

ted

Looms

Nar

row

«j2'£•

Percent of active hoursto total reported

6030

771001089982686354

7076757070

425872

6625

7292968369656046

5248443941

395045

4518

4653545148413927

3439384040

223538

5828

6687978773626457

6769665558

435663

Wh

ole

sa

le

pri

ce,

woole

n a

nd

wo

rste

dgoods


10068.558.3

61.568.872.378.982.7 '84.584.484.3

84.384.384.082.081.0

61.454.983.1

Silk

3

1

ft__

Bales of133

pounds

45, 07332,923

47, 15153, 62744, 59742, 85231, 18528, 52134, 82226, 959

40, 94239, 02144, 08037, 39238, 740

44,03341, 37340, 035

Operations, machin-ery activity

Bro

ad

loom

s

Nar

row

loom

s

Sp

inn

ing

spin

dle

s <

Percent of active hoursto total

34.835.541.646.2

52.864.362.354.9

33.631.134.829.1

32.037.036.635.8

39.2

56.062.559.748.631.5

i51.7

Who

lesa

le p

rice

,ra

w,

Japan

ese,

13-1

5 (N

ew Y

ork

)

Dollarsper

pound

2.2661.231

1.5862.1552.2731.8811.8891.6471.4651.416

1.4531.5501.4051,3181.284

1.6231.3201.402

1 Adjusted for seasonal variation. « Printed only. ! Grease equivalent. * Twisting spindles.


FACTORY EMPLOYMENT—FEDERAL RESERVE BOARD (ADJUSTED FOR SEASONALVARIATION) l

Year and month

1939JanuaryFebruaryMarch -AprilMayJune

JulyAugustSeptemberOctoberNovemberDecember

Annual index

1930JanuaryFebruaryMarchAprilMay _June

JulyAugustSeptember..OctoberNovemberDecember .

Annual index

1931JanuaryFebruaryMarch...AprilMay.June.-.

Chemicals and allied products

1e

1£

5

.«

0Aw

fto>ft ft

ll•a 2g*£

i i i i% £ 1 -3«

II i|il|f : I" ; IIa. ; a- : £

Food and kindredproducts

i.£

ll3i i

M+*i c «

si*> C M

g S-ai1 S2itt £

Iron and steel and products, inot including machinery

C !

I* '1® I

st?:e-wr.•s^•Sf io

S8*

fl"3§*> M*G%- «gSaf5 « ««§fi«3 *- « :£ o £QC

T3fi£ !a g i3*"1Jje !

Leather and products

s \|sA

jD S

c»

I!fi

•ei %1 sI J

Monthly average 1923-25 = 100

111.7112.8114.6115.4113.1113.5

115.1117. 6117.5119.0 i117.8 i116.4

115.4

115 4114.9113.8111.4

i 110. 7| 109.9

! 109. 5; 109. 4! 107.3

'• 105. 6103.3102. 5

109.4i

. 100. 5! 98.8

. i 95.6i 98.4i 98.9

97.1

July ! 95.7August i 93 7September 92 2October i 91 5NovemberDecember

Annual index _..

1933January .. _ .February.. _MarchAprilMavJune

JulyAuerust _ _September...OctoberNovemberDecember

Annual index

1933January.. _.. _ .. ...FebruarvMarchApril.MayJune - - _ _ _.

July .... _ _ „ . . . .August . _ _ _ _ _SeptemberOctober. . . .NovemberDecember

Annual index

.: 90.289.5

95.2

89.689.188. 287.287.080.4

79.177.9

( 81.982.7

! 83. 383.8

84.2

84.084.883.983.287.191.9

96.5103.0105.5106.9

i 106. 6106.6

95.0

106.9108. 3109. 7111.0111.4110.4

110.2113. 3109.5108.1105. 4106.4

109.2

103. 1101.399.699.4

101.499.3

101.2102.299.098.295.894.2

"••92.190.788.686.286.786.2

86.483.683.782.478.976.0

85.1

75. 574.775.174.474.872.8

i 71.8; 71.91 70.6! 71.5! 71.3| 70.8

72.9

71.972.872.9

1 72.376.7

j 82.1

90.1100.3

i 101.7102.1101.9101.4

87.2

111.6119.7116.8117.8115.6115.4

117.3115.7116.4117.0117.2116. 1

116.4

113.1112.0109.2109.3110.2110.2

109.3106.8106.0104.4104. 2103. 8

108.2

103.8106.9105.0103. 9103.7101.0

104.3104.2105. 0102.4

| 100. 197.9

103.2

97.796.596.493.494.191.3

86.386.084.284.885.886.9

90.3

89.486.484.485.284.986.8

91.290.593.195.4

i 98.4101.4

90.6

I

122.3

97. 195. 996.498.197.496.5

94.994.492.890.588.888.8

94.3

87.986.686.384.982.581.6

80.979.379.379.679.278.2

82.2

76.275.373.676.180.886.1

92.296. 195.293.791.891.6

85.7

111.6113.9116.7118.7121. 8123.0

125.3128.2130.6134.4134.9132.9

124.3

134. 3134.0131.8128. 2126.9125.9

124.4123.7120.4118.5115.4116.0

125.0

115.4113.4102.6110.6111.6107.3

104.3102.4100.9102.1101. 5102.1

106.2

102.7100.898.897.697.396.1

93.992.493.392.993.194.8

96.1

94.795.194.994.295.496.0

94.897.1

103.0109.0111.1112.6

99.8

238.4242.1248.4249. 1226.4232.3

241.8247.4246.5253.5 1255. 7251.3

244.4

248.9247.9252. 3251.1246.2244.0

243.3238.4237.4233.0233.5229.8

242.2

216. 1218. 8229.8235.9242.5248.4

252.8257.2251.6253.1248. 9248.2

241.9

251. 6250.4241.3233.0218.1156.7

155.7155.7219.8234.5239.9246. 7

217.0

250.6250.4238.4223.7246.9260.1

281.4316.1330.3331.3332.0322. 0

281.9

111.9 j111.7 '110.7115.7111.8110.7

113.7113.6112.2114.0115.1114.4

113.0

113.0112.0111.0111.9111.4109.4

109.4107.0107.8107.1106.0104.0

109.2

105.4103.0102.699.099.997.8

97.196.495.793.792.091.9

97.9

91.491.089.788. 387.586.8

i84.084. 2

! 84. 985.2

i 84.61 83.8

I 86.8

1 87.0i 87.2i 85.0i 89.0! 91.1: 91.7

! 92.0! 97.4

103.2! 104. 6

102.3| 101.7

94.4

118.1120.4121.6121.8122.7123.0

124.4125.6125. 9126.5126.1126.6

123.6

126.1125. 4123.7124.2123.4122.4

121.8120.9119.4118.0116.3117.1

121.6

115. 9115.4114.8114.2114.4112.8

113.7113.9

| 111.21 109. 8

107. 3| 107. 5

112.6j

106. 6105.3105. 5104.4102.7100.8

99.699.797.798.496.897.7

101.3

97.897.596.597.396.897.0

98.0102. 4107. 0108. 4107. 4107. 7

101. 2I

97.896.395.7 !95.9 i96.4 !96.4

96.7 |96.797.497.896.896.6

96.7

95.996.495.294.293.594.1

91.990 290.089.089.086.4

92.2

87.586.185.686.085.984.1

82.683.082.182.082.282.1

84.1

81.481.080.780.480.979.4

78.679.780.879.978.375.9

79.8

75.376.477.678.981.483.3

85.796.1

103.2100.797.993.9

87.5

101.3100.5100.6101.4102.9104.4

105.0105.6104.7103.7102.298.4

102.6

97.897.395.394.994.492.3

89.385.482.781.880.278.7

89.2

I1 76.5i 74.9

74.974.472.6

' 70.4

i 69.868.265.263.662.7

i 62.3

69.6

i 60.6! 59.4

57.755.753.652.3

I 50.148.849.4

i 50.8> 51.3

50.1

| 53.3

! 47.8i 48.9I 46.2

47.450.455.6

1 62.868.770.9

1 69. 468.1

! 67.6

58. 6

101.1100.2100.4101.7103.7106.0

106. 8107.4105.6103.8103.098.4

103.2

98.498.596.496.696.494.4

90.886.383.282.380.779.1

90.3

77.075.575.475.072.769.7

68.966.262.459.858.758.9

G8.4

58.057.255.654.052.250.8

48.346.847.349.149.648.8

51.5

46.848.245.046.249.154.8

63.070.471.970.768.768.1

58.6

110.6110.4110.1109.3110.4111.0

111.4113 4113.8113.1111.7109.2

111.2

107.4104.6103.0102.8102.9102.4

100.496.494.991.990.690.2

99.0

86.883.582.780.278.075.7

75.375.372. 168.467.966.8

76.1

64.461.059.456. 153.050.5

47.2! 46.4

44.342.942.842.9

50.9

41.740.841.441.440.841.8

44.648.152.453.453.253.1

46.1

i

j

104.3

92.191.690.689.787.583.1

82.480.776. 276.476.678.3

83.8

78.575.174.972.670.473.2

71.369.775.876.175. 773.1

73.9

71.472.769.970.272.275.4

78.783.887. 185.287.789.8

78.7

95.395.2 i94.8 !96.398. 198.2 !

99.8 !

100. 6100.8103.7101.799.5

98.5

97.496.395. 497.195.193. 6

91.590. 087. 685. 482. 882.1

91.2

82.8i 83. 1

85.98S.187.7

, 87. 6

88. 488.1

i 85. 0! 80.8

74.2r 80. 1

1 84.3

79.981.9

• 83. 083 2

, 78. 377.0

•, 74. 4! 76. 7

78 380.4

76! 9

79.0

77.479.278.279.082.286.9

88.989.787.386.780.982.4

83,2

i Computed by the Federal Resene Board from original data compiled by the United States Department of Labor, Bureau of Labor Statistics. Aof the indexes of the Bureau of Labor Statistics was given on page 16 of the June 1934 issue of the Survey of Current Business. A complete description ofby the Federal Reserve Board in adjusting these indexes, together with a complete record of the seasonally adjusted indexes from 1919 to date, may be1934 issue of the Federal Reserve Bulletin.

93.693.893.495.096.796.4

97.398. 398.799.5

100.397.8

98.7

96.195.394.496.3

; 94.0' 92 6

90. 388.886.484.081.982.2

90.2

82. 883.486.889.488.988.4

89.188.786.281.875.082. 3

85. 3

82.635. 0•86.686.480. S80.0

76.779.581.183,079.478.4

81.6

79. 481.680.882.484. 288.0

89.0S8.886.085.679.480.6

S3. 8

88.287.986.988.189.491.2

94.794.694.295.392.690.9

91.2

87.986.786.187.487.386.4

86.385.483.683.079.375.9

84.6

76.275.776.777.678.679.5

81.881.777.875.271.770.3

76.9

69.770.769.870.969.065.7

65. 566. 167.670.772.071.2

69.1

69.570.668.866.374.883.1

88.893.692.491.487.290.4

81.4

brief descriptionthe methods usedfound in the June

NOTE.—1934 statistics are on pages 27 and 28.


FACTORY EMPLOYMENT—FEDERAL RESERVE BOARD (ADJUSTED FOR SEASONALVARIATION)—Continued

Year and month

Lumber and allied products

%fi

*sfiifi

1

i 23

"3i Si '«

1

i

wfcj i s1 i |1 j ^

Machinery, not including trans-portation equipment

H

B4)

.S-1 sa

s «ett.•^•S »

•e e.fi o

ce

P S — £ i ^ S "iM S i w «S *"!3 S

•P II C r t O

&D -£V O f i f t^ I s { f e

Nonferrous metals Paper andj and products printing

a£ il •§ 1 a£«•§, i f i l i ~ f tP P 0 -

£ ! -c i i 2 «£oe | f i i i gsf ; 1 i i f g i

•a « i i gS is ! i ^$ I ; ,£

•g : i •§o«g g

tl ! 1

i j i

3A•O

ce

Railroad repairshops

1fi

"Sfi i

I i 1 iCS 3

•ertO

1**

58£

•a2s*"§9.


1929January _ _ _ _ _ 94. 4February 94. 4March 95 2April 96. 0May 96. 4June.- _ _ _ 96.7

July 97.7August 98. 4September-- _ ! 97.0October 95. 2November j 93.0December . 90.6

Annual index... 95.4

1930

January 87. 8February . 85.3March 84.9April 8? 8May 81.2June 78 7

July 75 1August.— . 72. 0September 68. 8October __ 68.4November 66 0December.. 64. 3

Annual index. 76.3

1931

January 61. 5February _ 61. 1March 60 6April. _ _ 60. 1May 59 9June ! 58 6

]July... 56.4August 55 1September 53 4October . _ _ ._ 51.4November 50 1December 47.8

Annual index.. 56.3

1932

January ! 46 7February 46. 2March _ _ . _ 44. 1April- _ 42 5May 41 1June . ! 39.8

July- i 38 5August 37.8September i 38. 9October-- i 40.0November _ . 39. 4December 39 1

Annual index ! 41.2

1933

January . 37.7February 36 9March _. . 35.1April ! 35 5May 1 38 2June _ _ _ _ 42. 6

July .-- 46.7August ' 49 8September 52. 9October _ 53. 1November 50 9December . i 49 9

Annual index _ j 44.1

110.4110.4110.9111.8112.4112.4

115.2115.4116.1113.8109.9104.3

111.9

102.398.697.995.994.091.7

87.785.282.880.277.976.6

89.2

77 276.977 477.477.975.8

74.273.572 368. 867. 5

w.«73.9

|

67.369.464.461.257.954.6

52.150.853.754.654.054.4

57.9

53.653.349.750.956.461.6

65.368.674.872.267.363.8

61.4

87.286.288.487.787.887.9

87. 987.184.880.776.172.8

84.6

72.372.269.968.468.266.4

63.461.157.858.457. 757.8

64.4

54.855. 155. 154.254.452.8

51.550. 617 Q46.046. 145.4

51.2

43.040.439.436. 936.234.8

33.232.832.932.632. 632.2

35.6

30.230.428.029.231.434.5

38.439.239.538.437.236.9

34.4

86.286.286.887.888.288.7

89.290.488.687.586.685. 4

87.6

81.478.478.375.773.470.3

66.362.759.258.755.652.9

67.8

48 848.046.545.744. 743.8

-41.039.237 r>-35. 933. 829. 9

41.2

28.927.826.926.826.025.7

25.024. 725.126.225.725. 1

28.2

24.123.022.122 423'. 326.6

32! 734.535.634.434.0

28.6

116.2118.3

1 121.3! 123. 5| 127. 1| 130. 1

133. 4j 133. 4S 130. 01 129. 8! 125. 4| 120. 8I

125, 8

j

1 117.6; 115.6! 114.1j 111.8I 108. 7

105. 7

1 102. 1! 98.0I 97.3i 95.6! 94. 0| 92.3

j 104.4

j 89.1! 87.91 85.9: 84.41 82.1i 79.3

; 76.472.972. 1; 70.1

i 69. 5i 69. 5

| 78.3

j

67. 466. 6

1 64. 6' 61.01 58. 5! oo. 4

' "2 r)1 49! 9

49.450.050.951. 1

| 50.4

1 49.0i 49.3| 47.8

48. 350.5

! 54.4

58.6; 64. 2| 67.9•• 70.8i 72.3: 72.4

1 58.8

147.4149.4151.1158.2158.3157.2

157.3147.9138. 9136. 9135.4135.0

147.8

134.6134.7135. 0128.6123.7110.4

101.388.790.990.790.190.1

109.9

92.488.277.671.462 257.9

50.3! 45. 7

46.447.249. 351.4

61.7

52.254.053.1

1 47.838.431.0

29.331.931.128.232.536.2

38.8

36.939.137.336.234.338.8

42.345.951.455.057.961.4

44.7

111.2114.1117.7121.5126.8132.4

135.8136.5136.9136.0131.6126.7

127.3

123. 2120.0118.7116.0111.5108.0

102.999.799.698.295.091.9

107.1

90.289.788.587.485.082.6

79.476.276.173. 971.170.1

80.9

69.368.366.863.260.857.5

53.451.548.747.647.346.8

56.8

44.744.743.644.045.548.0

51.455.058.460.660.359.4

51.3

106.9 | 155.7 j ,108.7 ! 156.8 1 -110 6 170 9 |111 9 173 1 '112.7 i 209.4 i113.5 ! 222.3 i

114.1 ! 272.0 i113.7 274.2 i 1

112.2 223. 7 i112 6 ' 2^ 4 <110. 1 ' 197. 7108.8 138.9 ;

111.3 201.4 i

105.6 ; 132.1 !

104.1 ! 131.2 '102. 7 i 122. 2 i _ -101.5 ! 106.2 i99.3 ! 110.7 !'96 6 i 114 9 !•

93.4 ! 135.7 !88.7 ! 148.0 !87 3 1 152 4 i85. 1 1 16?. 6 i83.2 1 171.4 :

82.5 i 161.2 |i

94.2 1 137 4

78.8 i 149.6 i 79.277.4 ' 148.2 ! ! 78.376.1 | 134.2 l! 77.574.6 i 138.9 i! 77.374.4 123.7 l i 76.971.1 124.2 j j 75.9

68.5 128.0 i ! 74.764. 5 121.4 j j 72.064.1 113.2 i ! 71.662.4 : 105.4 i ! 69 . G62.0 : 116.6 i 67. 862. 1 ' 116.4 i 66.7

60.7 126.7 : j 74.0

58. 7 135. 5 ' 64. 957.3 128.9 i 64.255.2 125.5 i 62.853.1 106.4 : 60.351.3 106.7 : i 58.448.8 103.4 ; 57.0

47.7 95.4 ; 51.444.9 84.0 * 53.945.6 74.9 ! 55.646.7 82.7 ^ 56.247. 4 , 93. 2 • 56. 747.5 101.3 : 55.3

50.4 103.2 58.1

44.5 100.8 ; 52.944.3 110.4 ' 52.642.3 119.8 49.842.7 125.0 51.344.5 141.7 : 54.448.4 149.0 59.1

52.9 143.8 : 63.259.3 144.3 i : 70.462.2 146.7 ; : 74.864.1 i 168.0 |i 74.863.7 203.2 i 71.762.8 215.1 | 69.2

52.6 147.3 62.0

; 119.6! 121.0

j ! 121.6• j 194 d

123. 7i 123. 7

1 122. 7.! 122.6

i 122. 3! 122 9! 118.4

115.1

121. 5

1 109. 5; 104. 7: 102. 2i 101. 21 100. 01 99.4

1 96.4I 93. 2! 90.11 88.7! 87.3j 85. 9

i 96.6

I 82.2i 79.3

79. 3i 78.3i 78.6> 76.8: 74.8

71.6! 71. 6! 69. 81 68. 4j 67.3

74.8

65. 563. 9

S5'?

56' 0

53. 853. 354.455.456.355. 1

57.7

52.351.148.050.454.962.2

69.876.879.278.475. 672.6

64.3

114.8114.6114.6118.4 ;119.4120.6 I

122 7 '125! 3 ;

124.8124.7 !126.5120.3 I

120.6

111.4116.4115.5 i113.5111.2108. 8 ;

106.4103.3100.097.996.794.1

106.3

90.491 288!l89.888.188.7

86.385. 4 i84. 9 !80. 4 !76.475.1

85. 4 j

73.0 |72, 8 i72.6 j71.3 !71.2 !69.3 :

64.465.470.467.770.8 !67.7 ;

69.7

63.6 \67.260.565.369.0 :75.2 ;

81.091.393.993.2 •79.9 •79.1 i

76.6

107.0108.9108.8109.4110.2111.2

112.1113.0114.2114.0113. 6113.7

111.3

112.7112.0111.4110.8110.7109.6

108. 5107.6105.1104.1102.4102.0

108.1

100.499.599.099.199.197.0

96.395. 993.793. 491.891.0

96.4

90.088.988.087.486.084.4

83.181.982.783.682.681.7

85.0

81.181.479.880.281.383.1

85.189.993.094.293.093.0

86.3

! 103. 1104. 0104.4105.0105.1106.1

106.2107.1107.6108.7

i 108. 2108.0

106.1

108.4108.4107. 7106.9106.4105.4

100.8100.898.597.294.894.7

! 102. 51

91.9i 91.6

91.191.0

! 91.6| 89.7

89.889.8

I 87.81 87.8

86.385.2

89.5

85.085.485.684.082.580.6

79.479.481.482.782.580.1

82.4

79.379.679.579.782.184.9

89.997.6

103.1104.1102.2101.1

90.3

83.784.183.682.4

1 82.481.9

81.782.482.082.882.881.2

82.6

80.379.077.2

'i 75.575.674.5

71.270.770.668.568.968.7

! 73.4

70.2 169.867.8

| 66.4i 65. 8I 64.2

i 62.6i 62.0| 61. 3i 60.4i 59.6| 59.1

64.1

56. 256.956.7

! 56. 6 !55.051.6 i

! 50.41 48. 1 !

49.7! 52.1

54.2I 53 4

53.4

! 52.4! 51.5! 50.91 47. 8 |I 49.4

48.0

51.454.0 '54.8 i54.755.0 i53.6

52.0

86.686.689.787.289.386.5

88.689.087.587.988.386.8

87.8

87.987.687.187.787.386.6

85.384, 584.584.584,682.3

85.8

81.781.982.081.781.280.2

78.476.876.976.677.076.6

78.3

76.375.474.474.372.972.3

71.069.469.368.268.368.7

71.7

68.367.767.166.666.265.6

65.264.765.165.866.666.7

66.3

83.584.083.182.181.8-81. 5

81.281.9*81.482.482.3-80.8-

82.2

79.878.476.474.674.773.6

70.169.669.667.367.767.6

72.4

69.368.866.765.264.663. 0

61.460.960.159. 258.3-57.8

62.^

54,755.455.455.253.650.1

48.846.448. a50.8-53.152.2

52.0

51. a50. 349.646.448.246.7

50.453.154.053.854.152.6

50.9

69507—34 3

18 SURVEY OF CUREENT BUSINESS July 1934

FACTORY EMPLOYMENT—FEDERAL RESERVE BOARD (ADJUSTED FOR SEASONALVARIATION)—Continued

Year affid month

1939JanuaryFebruarv _ . . _ _ _A/tprchApril - - - - - - - - - - . _ _ _ -MayJun6 - - - - -

July - -August _ _ _ _ - - _ _ _iSepterriber

OctoberNovember - - - - - -December

Annual index . _

1930TiinuaryFebruary - -IVIarcb\pril _ - _ .. ._ _"May -- - -Jure _ _ _ - _ . _ - _ _ _

July - - -AU°'USt - -SeptemberOctober _ _ _ _ __November _ _ -December _ _ _ _ _ _ _ . _ _

Annual index

1931TanuarvFebruarv _ _ ,March _ _ -_ -\prilMay _ _ _ _June -

JulyAugust -- - -SeptemberOctoberNovember . _ _ _December

Annual index. _

1932January _ _ -FebruaryMarch _ __ . . _ _. _ _April - -- -MayJune _ - _ - _ _ - . _ . .

JulyAugust _ - - - _ -September __ _OctoberNovemberDecember _ _ _ _

Annual index

1933JanuaryFebruary _ . _ _ _ _ _ _ _ _MarchApril _ _ - - _ _ _ _MayJune _ _ _ _ _ _ _ _ _

July _ _ _ _AugustSeptemberOctober. _ _ _ _ _ _ _ _ _ ___ _NovemberDecember _ _ _ _

Annual index

Rubber prod-ucts

i

i* iG * i3*

!

VIOJ

~2

4,0 G3 «*£

Stone, clay, and glassproducts

•B

Is

I

117.0116.4117.4116.4115.1114. 5

114.7114.3109.8106.396.193.1

110.9

93.891.491.291.389.488.4

84.3 184.880. 680.078.078.4

86 0

77.775.873.774.175.375.4

74.773.873.071.771.670.4

74.0

69.869.168.366.464.765.0

63.564.161.964.064.664.4

65.4

62.862.560.559.561.367.4

76.287.989.489.487.084.3

74.0

1118.6118.4119. 2117.9116.2114.3

113.3111.2106. 8102.891. 387.5 i

109.8

88.334. 684. 084.483.783.0

78.0 !77.3 !73.671.668. 809. 0

78 9 :

69.467. 066.765.266.365.9

64. 364.763. 1

• 62.462.161.4

64.9i

61. 11 60. 4

59. 858.056. 056.1

56. 556. 354. 655. 455. 655. 0

57.1

53. 753 852. 350. 754. 261.0

70.077.977.7

75. 174.3

64.8

96.195.193.994.094.2 !93.7

93.094.394.494.193.089.7

93.8

85.935. 485.685.383. 981.7

78.376.576.475.974.673.1

SO. 2

89.968.968.768.368.366.8

! 63.6i 61.7! 60.4

57.756.354.6

63.8

51. 950.849.047.744.441.6

41.140.841.642.843.341.5

44.7

38.838.737.638.040.244.1

48.851.451.049.750. 050.0

44.9

•S

IsCJ O

s.S-* &•UM

"flo>

1GO

«8

3

Textiles and products

B•dji5

«j.£_£&

fte«

*&58

1

iT

obac

co

man

ufa

c-tu

res,

com

bine

d in

dex

Transportation equipment

i

I B !%v ,

oW ';

0.O>ss

|

<

£•g SOJ S3

&••essu


92.690.989.389.991.292.0

• 92.792.9•94. 093.791.086.6

i 91.4

: 78.277. 2

! 77.3' 76.9: 75.7

74. 3

i 71.3i 69.61 69.7! 68.4

66. 1i 63.3

72.3

54.955.9

1 56.5! 55.5! 54.3

53.5

50.748.247.044.143.039.8

50.3

35.834.3

j 32.3j 31.0I 30.2

28.0

27.428.028.328.527.825.4

29.8

22.122.621.121.423.126.0

30.832.9

! 32.9! 31.1i 29.3

28.6

26.8

94.393.893.491.090.989.7

89.689.889.287.988.087.3

90.4

84.484.387.689.691.190.3

86.086.183.380.976.974.0

84.5

70.771.271.972.172.267.7

67.263.960.860.457.356.0

66.0

54.052.950.247.543.942.6

41.439.043.144.944.337.7

45.1

36.836.334.838.939.343.7

46.749.945.239.840.938.6

40.9

96.897.4 196.496.896.295.5

95.097.8 !97.897.7 !98.1 i94.7 1

96.7

94.794.694.391.989.484.4

80.375.075.875.475.675.3

83.9

74.473.473.073.174.074.9

73.072.571.766.865.166.8

71.6

65.865.464.762.658.356.2

57.153.753.454.557.558.0

58.9

58.057.156.459.063.468.8

75.079.178.676.981.283.2

69.7

j

102.9103.1104. 1104.6 1105.7106.4

106.9106.4106.3105.8103. 8101. 7

104.8

100.398.797.396.695.194.1

90.389.389.788.887.886.2

92.7

85.086.988.589.189.988.7

90.190.288.485.183.182.3

87.3

81.282.880.375.771.167.7

65.272.079.782.681.579.7

76.6

77.979.473.977.182.391.0

100.2101.298.196.192.187.3

88.1

97.798.098.499.0

100.2100.7

101.3100.9101.1100.097.695.3

99.2

93.692.290.489.888.687.6

83.792.381.781.081.179.4

86.0

77.679.381.081.283.082.0

83.383.481.378.076.876.5

80.3

75.977.774.669.364.761.4

61.469.176.278.476.875.6

71.8

74.775.169.271.678.289.5

100.7103.198.495.891.888.2

86.4

110.1110.2112.0112.5114.0115. 2

115.2114.6114, 1114.5114.2112.8

113.3

112. 1109.7109.2108.4106.3105.2

101.8101.8104. 4102.899.798.2

105.0

98.3100.4102.0103.5102.4100.3

101.7102.0101.097.494.192.2

99.6

90.191.090.187.283.279.1

71.375.884.588.688.985.7

84.6

82.285.881.686.788.190.6

94.892.493.492.788.781.7

88.2

84.786.986.086.384.284.4

84. 185.482.681.882. 578.2

83.9

81.080.080.280.280.479.9

1 80.1| 76.0

76.475.474.775.7

78.3

73.976.175.474.173.672.7

72.972.370.369.669.165.3

72.1

68.466.465.263.962.2

i 63.7

! 63.462.962.4

| 63.363.862.9

64.1

i 59.8! 59.0

53.652.859.5

! 61.4

61.062.460.061.963.161.9

59.7

107.9110.4109.6110.4106.5105.3

106.5103.7103. 296.290.086.9

103. 1

87.686.484.485.583.882.6

79.175.874.472.474.473.8

80.0

69.867.668.468.867.867.8

66.465.465.458.161.767.2

66.2

66.165.968.058.256.657.9

57.652.447.543.849.450.8

55.8

52.149.143.442.944.749.0

56.761.765.563.960.565.6

54.6

122.6125.6123.3122.4115.9113.7

114.3109.7108. 498.489.384.4

110.7

84.984.483.485.584.083.3

79.275.073.672.578.077.8

80.1

73.171.473.073 973.' 573.2

71.470.770.460.765.473.5

70.9

73.372.668.862.761.263.7

63.957.350.544.952.455.0

60.5

57.654.447.447.449.055.1

64.068.672.769.865.371.8

60.3

47.350.552.257.460.062.1

64.566.970.972.274.378.9

63.1

82.276.267.762.958.752.9

51.749.646.541.532.833.6

54.7

35.733.532.330.325.627.0

27.128.429.228.829.029.4

29.7

25.629.829.826.424.322.7

23.923.024.628.630.428.3

26.5

26.224.122.620.920.818.2

23.028.027.929.131.634.6

25.6

b£.£§'3»a333

87.886.392.297.2

101.3102.1

105.7106.8108.4109.0110.9111.1

101.6

112.6109.8107.8108.1107.7108.4

107.4111.5111.5108.498.695.0

107.3

90.685.382.083.283.484.3

83.779.981.880.781.478.4

82.9

73.171.670.371.470.469.3

65.163.161.360.458.055.7

65.8

52.648.645.741.746.147.4

53.560.868.470.766.167.3

55.7

July 1934 SUKVEY OF CURRENT BUSINESS 19

FACTORY EMPLOYMENT—DEPARTMENT OF LABOR (WITHOUT ADJUSTMENT FOR SEASONALVARIATIONS) l

[Monthly average, 1923-25=100]

Month

JanuaryFebruaryMarchAprilMay - - - -JuneJulyAugustSeptemberOctoberNovemberDecemberAnnual index

1919

105. 3102.0102.4102.5103.1104.3106 9109 7111.7111 3112.6114 4107.3

1930

114.9113. 7116.0114.5112.0111. 1108 5108.8107.5103 797.489 7

108.3

1921

81.082.683.282.181.981.079 881.283.484. 184.283 383.3

1922

82.584.685.985.887.989.888 291.494.597.099.0

100 590.6

1923

100.7102.5104.6105.0105. 3106.0104 9105.2105.7104.5103.2101.4104.1

1924

100.2101.5101.799.996.893.891 092. 194.495.394.896 196.5

1925

96.398.198.898.798.198.097 899.5

101.5102 2101.8101 599.4

1926

100.5101.5102.1101.4100.4100.399 4

101.4103.4103.1101.4100 0101.3

1927

98 299.7

100.299.699.199.198. 199.3

100.599.697.496. 198.9

1928

95.096.597.697.197.097.897.7

100.1102.2102.6101.7101.298.9

1929

100.8102.9104.1105.3105.3105.6106.1107.9109.0107.7103.699.8

104.8

1930

97.397.496.996.394.892.989.588.889.687.784.682.391.5

1931

79.680.380.780.780.178.477.077.177.474.471.871.077.4

1932

68.769.568.466.163.461.258.960.163.364.463.462.164.1

1933

60.261.158.859.962.666.971.576.480.079.676.274.469.0

1934

73.377.780.882.382.4

FACTORY EMPLOYMENT—FEDERAL RESERVE BOARD (ADJUSTED FOR SEASONALVARIATIONS)l

[Monthly average, 1923-25= 100J

Month

JanuaryFebruary.. .MarchApril...MayJuneJulyAugustSeptember. -OctoberNovemberDecemberAnnual index

1919

107 5103.2102. 1102.5103.4104.4107 1108.4109.4109.2111.7114.5107.0

1920

117 2115.0115.7114.4112. 3111.2108 6107.4105.2101.990.489 6

107.9

1921

82.483.382.982.182.181.480.380.681.982.683.483.383.3

1922

84 085. 385.886.188.290.188.890.792.895.698.3

100.690.5

1923

102 6103.1104.1104.7105.4106.4105. 9105.1104.0103.4103. 2102.0104.3

1924

101 8101.8101.199.696.994.392.092.192.994.094.796 696.4

1925 ! 1926 1927

97 8 102. 3 100. 098. 4 101. 9 100. 298.4 ! 101.7 99.998. 5 1 101. 1 99. 598. 3 1 100. 7 99. 498. 6 100. 9 99. 599. 0 i 100. 5 99. 299. 3 i 101. 1 98. 999. 6 ! 101. 4 98. 4

100.7 i 101.5 97.8101. 7 101. 3 ! 97. 4102.2 i 100.8 97.099.4 101.3 ! 98.9

1928

96.897.197.397.097.398.198.499.499.9

100. 7101.8102.398.9

1929

103. 1103. 6104.-0105.1105.4105.9107.0107.2108. 3105. 5103.6101.0104.8

1930 1931

99. 4 81. 798. 1 81. 196.8 81.096. 1 80. 694. 9 80. 393. 2 78. 890. 3 78. 088. 2 76. 887. 0 75. 285. 8 72. 984. 7 1 71. 683.3 ! 71.591.5 77.4

1932

70.270.168.466.163.761.659.660.061.863.063.262.464.3

1933

61.461.758.959.962.967.472.576.478.077.875.975.069.0

1934

75.178.481.082.282.4

FACTORY PAY ROLLS—DEPARTMENT OF LABOR (WITHOUT ADJUSTMENT FOR SEASONALVARIATION)l


Month

JanuaryFebruary . . _March. . . .AprilM a y _ . - _ - _JuneJuly_AugustSeptember - ... _ _OctoberNovember __December___ ..Annual index

1919

95.389.690.089.290.092.094.899.9

104.7102.2106.7114.097.4

1920

117.2115.5123.7120.9122.4124.2119.3121.6119.8115 8107.098.0

117.1

1921

82.881.381.779.077.375.471.773.973.472.671.773.376.3

1922

69.672.474.973.877.280.578.583.087.089 593.495.781.3

1923

94.697.9

102.5103.8107.3107.5103.3103.8104.3106 6104.5102.9103.3

1924

98.8104. 1104. 1101.897.592.485.789 392.595 193.797.688.1

1925

95.4100.8102.4100.0100.798.796.899.398.8

104 6104. 0195.2

190. 8

1926 | 1927

100.9 i 98.4105.0 104.4106.5 ! 105.7104.4 i 104.5103. 1 1 104. 0103.3 i 102.499. 0 ! 98. 5

103.4 ! 101.9104.4 i 101.4107.6 i 102 1104. 1 i 98.5103.5 i 99.5

103,8 101.8

1928

96.0101.2102.5100.5101.3101. 799.0

103. 3104.7108 2105.0105. 6102.4

1929

102.3109.3111.6112.6112.9111.2107.2112.0112.9112 4104. 1100.7109,1

1930

95.998.898.897.795.492.384.383.384.182.276.875.288.7

1931

70.071.375.674.473.469.766.265.963.461.358.157.667.5

1932

53.554.653.149.546.843.439.840.642.944.742.941.546.1

1933

39.540.237.138.842.747.250.856.859.159 455. 554.548. 5

1934

54.060.664.867.367.1

CLEVELAND EMPLOYMENT—CLEVELAND CHAMBER OF COMMERCE2


Month

JanuarvFebruary _ _MarchAprilMayJune _ _ _ - .JulyAugustSeptember..OctoberNovemberDecember _.. .

Monthly average

1921 1922

90. 3 i 80 587.6 ! 84.987.3 ; 86 786.6 90.887 3 93 676. 3 97. 771.3 \ 93.378. 9 i 98. 179.2 ! 96.577.6 ! 98.578. 2 100 375.2 1 102.0

81.3 i 93.6

1923

104 1106. 1108 7108. 3108 8106.5108. 2107. 1106.5104.3J01 1102.0

106.0

1924

102 3102.5106 0100.696 492.889.689 091.290.592 091. 1

95.0

1925

95 096.098 399 799 498 597.798 698.7

102 3101 3102. 1

99.0

1926

103 0104.2105 0103 9105 1104 5105.7106 9107.0102 397 798.5

103.6

1927

98 6100.9103 9105 2104 2102 998.797 694.890 591 489.7

98.3

1928

93 295.797 499 8

100 4100 4100 5102 8103.499 9

102 3103.3

99.9

1929

106 5111 6111 5111 2112 0111 8112 2112 9112.0107 798 395.9

108.6

1930

98 697 096 497 097 593 989 886 883. 182 778 979 4

90.1

1931

81 181.381 380 278 075 772.573 468.368 769 669 6

75.0

1932

68 567 865 063 463 062 059.660 358 858 959 260 1

63.3

1933

60 160 355 759 062 166 771 0

75 271 974 674 1

67.3

1934

78 583 684 588*5

NET PROFITS OF CORPORATIONS 3

[Millions of dollars]

Quarter

MarchJune.-- _ - -- __SeptemberDecember __ _ .

TotalQuarterly average

Total, 10 groups

1928 1929

615.8700.4821.0820.3

2, 957. 5739.4

754.9861. 9927.6758. 3

3, 302. 7835. 7

1930

589.7620.6619.7494. 3

2, 324. 3581. 1

1931

380.9436.9396.0267.8

1,481.6370. 4

1932

225. 0167.6171. 5211. 6

775.7193. 9

j Public utilities (exclusive of telephone and railroad companies)

1933 1934 1928

114.7 315.2 ! 72.8301. 2 67 4415. 6 60. 0309 2 82 3

1 140 7 282 5385.3 .. _ : 70.fi

1929

80.975.969.688.3

314.778.7

1930

81.774.667.784.3

308. 377.1

1931

79.973.965.079.8

298. 674.7

1932

70.963.651.264.1

249.803. 5

1933

58.057.752.356.9

224.956.3

1934

59.1

1 See footnote on p. 16.2 Compiled by the Cleveland Chamber of Commerce from reports of 100 concerns. The index of employment has heretofore been based on the number employed in January

1921 as 100, but has now been adjusted to a 1923-25 base in order to conform to the base period adopted by the Bureau of Labor Statistics for the United States indexes.These data represent unweighted indexes which have not been adjusted for seasonal variations or to the trend of the Federal biennial census of manufactures. The numberof employees included in the bass period is 76,285. About 10 percent of the employees are in public utilities. The balance are in manufacturing and represent about 40percent of the total employed in manufacturing industries.

3 Compiled by the Federal Reserve Bank of New York and supersedes data shown on pp. 90 and 91 of the 1932 Annual Supplement and p. 34 of the June 1934 issue of theSurvey of Current Business. The data shown above on public utilities represent the net earnings of 58 public-utility corporations (exclusive of telephone and railroad com-panies) which take the place of the former table of the earnings of 63 public utilities for the period 1928 to date. The revision made in the public-utility group made necessarya revision in the grand total.


AVERAGE FACTORY WEEKLY AND HOURLY EARNINGS AND HOURS OF WORK IN 25INDUSTRIES >

Year and Month

1933JanuaryFebruary. _MarchApril „ _May . _- .JuneJuly

Average factory weekly earnings

Allwage

earners

Male

Skilledand

semi-skilled

Un-skilled

Female

Dollars

16.2216. 2314.5315.4916.8318.6019.34

AugUSt ' 19 34SeptemberOctoberNovemberDecember _. .Monthly average

19. 4119.5018.4418.5717.71

18. 71! 18. 68

16.6417.7419.0521.2322.2722.2622.0522.35

i 21. 05! 21. 10

I 20.26

13. 9413. 8612. 2813. 3214.5115.8716.4816.1416.0416.3414.8715.2714.91

10.9211.0410.0410.1111.1212.3212.9913.9114.3114.3113.7413.4812.36

Allwage

earners

Male

Skilledand

semi-skilled

Un-skilled

Female

Monthly average 1923=100

I61.061.0 I54.6

j 58.263.269.972.7 |72.772.9

i 73. 369.369.866.6

60.760.654,057.661.868.972.372.271,672.568.368.565,8

62.662.255.159.865. 171.274.072.472.073.366.768.5

68.9

63.364.058.258.664.571.575.380.783.083.079.778.2

i 71.7

Average factory hourly earnings

Allwage

earners

Male

Skilledand

semi-skilled

Un-skilled

Female

Dollars

0.466.462.459.460.453.451.456.507.536.542.546. 550.491

0. 528.524.520

i .522! .5141 .509

.515

.566! .593i .598j .604J .609i .550

0.385.379.374.373.368.369.374.412.439.444.445.450.401

0.302.298.295.299.298.299.304.366.401

i . 404i .404

.407! .340

1 HoursI of work

Average! actual

hours! per week1 per! wage

earner

Hoursi peiiweek

1 35. 135.632.134.037.641.542.938.236.336. 133. 833.8

! 36. 4

i Compiled by the National Industrial Conference Board and represents minor revisions in the data for the year 1933 that formerly appeared in the Survey of CurrentBusiness. These revisions were caused by the inclusion of additional reports that were received subsequent to the computation of the monthly data for the year 1933.

RANGE BOILERS>[Number of boilers]

Orders

Month New

Unfilled, end of month

Total30-daydeliveryor less

Morethan 30-

daydelivery

Produc-tion

Ship-ments

Stocks,end ofmonth

1931

January 61,639February - 44, 579March 53,734April 47, 964May - - 46,716June 44,490July 43, 037August - - 40,033September 46, 324October - - 1 52,949November 42, 478December | 29,295

Total ! 553 238Monthly average 48, 103

January | 38, 680February - 33, 097March 39 973April i 43, 834May 99,648June 62 199Julv - 50,300August 72,351September 37 800October 34, 273November 29 174December 30,509

22, 79022, 48521, 84116, 78316, 75015, 1658,360

10, 20310, 4708,1507, 6297, 143

13,981

6, 0870, 2995, 0289, 163

36, 79925 79325, 69935, 36017, 744

7, 6126, 905

13, 307

11, 78012, 40811,9668,786

10, 07412, 8706,2058,1428,4706,5506, 3696, 143

9,147

3, 6514,1923, 350

i 7, 638i 35, 160| 22, 708

22, 2451 32, 229

16, 054! 5, 726

5, 407i 6, 275

11,01010, 0779,8757,9976,6762,2952,1552,0612,0001, 6001,2601,000

4,834

63, 70944, 84653, 03254, 08748, 81647, 07448, 95235, 27144, 05757, 05144, 51338, 420

579, 82848, 319

67,41144, 88454, 37853, 02246, 74946, 07549, 84238, 19046, 05755, 26942, 99929, 930

574, 80647,901

31, 75631,71830, 37231, 43733, 50434, 50333, 61330, 69428, 69430, 47631,99039, 878

32, 386

1933

2,4362.1071, 6781,5251,6393, 0853, 4543,1311, 69C1,8861.4987, 032

Total 571, 838 :

Monthly average,..- 47,653 16,316 i 13,720 2,597

43, 32729, 65141, 70S39, 12870, 72572, 57054, 42764, 88756, 15146, 36628, 58922, 205

569, 73447,478

41, 18132, 88541, 24439, 69972, 01273, 20550, 39462, 69055, 41644, 40529, 88127, 125

570, 13747, 511

37, 51534, 28134, 12833, 55732, 27031, 63535, 66837, 86538, GOO40, 56139, 26933, 897

New

OrdersUnfilled, end of

Total30-day

deliveryor less

monthMore

than 30-day

delivery

Produc-tion

Ship-ments

193243, 97139, 401

j 42, 67243, 284

! 48, 813i 39, 7661 28, 8571 34, 385I 43, 154

56, 00039, 49430, 472

490, 26940, 858

8, 8697,4986,6296,8579,0449,3865,4507,3337,2688,5036,5328,588

7,663

7,3195,7925,1815,2077,1286,1553, 4065, 7005,6587,1004,7906,152

5,799

1,5501,7061,4481, 6501. 9163, 2312,0441,6331,6101,4031,7422,436

1,864

35, 70340, 92643, 43941, 07046, 10540, 09934, 42331, 93443, 06053, 98840, 56034, 047

485, 35440,446

42, 24540, 77243, 54143, 05646, 62639, 42432, 79332, 50243, 21954, 76541,46530, 407

490, 81540,901

Stocks,end ofmonth

"~~33,~33633, 49033, 38831, 40230, 88131, 55633, 18632, 61832, 45931, 68230, 77735, 369

32, 512

1934i 45, 788 20, 555! 88, 274 21, 7251 39, 974 14, 368! 39,326 17.013

35,683 | 11,338

16, 45419, 00212, 04413, 1018, 688

4,1012,7232,3243,9122,650

43, 46680, 66849, 10035, 96041,021

1 i i

38, 54087, 10440, 30136, 68141, 358

38, 82309 *>gy

35^ 18634, 46534, 128

; ' i35,771 ! 1

1 Compiled by the U. S. Department of Commerce, Bureau of the^ Census. The data shown above are based on the reports of 18 identical manufacturers, the value ofwhose output represents more than 9y percent of the total for the industry. The daily productive capacity of these manufacturers has been reported to the Bureau as 8,282boilers. The statistics formerly shown in the survey were based on reports of 16 manufactures whose output constituted 90 percent of the total for the industry.

INDEX OF ORDERS FOR MACHINE TOOLS AND FORGING MACHINERY1

[Average monthly shipments, 1926-100]

Month 1319 19*30January : 103.4 i 231.4February ! 80.1 176.4March . . J 108.5 i 178.7April.. . i 107.0 1 137.9May i 124.4 ! 130.4June 1 123.9 118.2Julv : 180 0 94 9August i 158. 5 76. 3September ! 146.9 68.9October 195 6 58 8November i 197 2 38.9December i 911 2 36 5Monthly average ! 144.7 11?. 3

1921 i 1922 I 182322.9 i 24 9 70.3

25^6 26^7 102! 323.0 i 34. 6 i 76.624. 6 ! 41.8 1 78.323.4 ! 48. 0 i 62.814.4 ! 50 0 ! 64 917. 5 i 43. 6 ! 83. 514.0 ! 53.3 1 76.919 6 ! 52 0 1 02 919. 4 52. 8 : 78. 323 1 i 57 7 I 66 220.9 1 42.5 I 74.5

1921 192.502. 2 57. 867. 6 : 03. 172.8 ! 74.359.1 i 72.048. 9 ' 75. 135. 5 ; 88. 140. 5 i 85 139. 4 ! 89. 440.8 : 82.952. 7 l 115 249. 2 . 104. 857 8 1 90 152. 'J 1 83.2

1926 1 192780.0 ! 08.080.7 ; 79.2

101. 6 : 84. 174.2 i 69.962. 3 : 70. 0

103.2 ' 70.996 1 i 71.892. 0 94. 5

107.8 58.9108 4 : 74 090. 9 74. 474 5 i 93 789. i) ! 76.3

1928

120.7111.3123.0122.0113.9119.0113. 1133. 7147. 1157 0161. 1152 2131. 2

1929

161.9186. 3185.5177.3185 4101.7143 4165 3133. 6178 799 191 8

155. 8

1930100.994.4

100.599.374.969.850 503.175.450 033.538 *>.70.8

193137.140.465.258.348.440.834 139.831.124 728.237 541.0

193232.820.818.122 821.620.014 015.716.315 217.719 819.6

193317.58.47.49.0

15.322.129 931 830.937 245 970 027.1

193453. 750. 948.146.545.9

1 Compiled by the ^Machine Tool Builders' Association, and constitut e an adjustment of the comprehensive data currently being collected and the series previously pre-sented to form a continuous series. In making the adjustment, the whole curve was raised to bring it into line with the 1926 shipments base. This was done by dividingthe old index through by a constant factor which represented the average relationship for the newT and old index numbers for all the companies which had reportedcontinuously over the 15-year period. The factor used was 180.3.

The association received reports from 50 to 60 companies for the years 1919-27, 60 to 89 companies for the years 1928-33, and beginning with January 1934 from 163companies. Since January 1934 data have been gathered from the machine-tool industry as a whole and also from the forging machinery group which represents less than3 percent of the combined sales for machine tools and forging machinery. No corrections are made for seasonal variations for the reason that such influences are relativelyslight. It is expected that revised indexes on unfilled orders and shipments will also be compiled.

Ju ly 1934 SURVEY OF CURRENT BUSINESS 21

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

ITEM

Business activity:New York Times * ^Business Week # J

Commodity prices, whole-

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

Farm products (67^Food (122)All others (595)

Fisher's index 1926~10Q'Combined index (120) . . .

Agricultural (30)Nonagricultural (90) __

Oopper electrolytic JCotton, middling, spotIron and steel, composite- _

Construction contracts JDistribution* Carloadin^sEmployment: Detroit, fac-

toryFinance:

Failures commerci'-ilSecurity prices:

Bond prices JStocklprices 1

1934 I 1933

June June23 16

67.3

75.065.871.378.7

78.00)0)63.844.584.731.564.9

57.2

106.088.3

85.366.3

74.663.770.278.9

77.40)0)62.344.984.030.064.4

93.2

61.7

105.988.6

June9

84.666.2

73.860.767.678.9

75.90)0)60.144.984.0

"64." 2

58.7

105.286.1

June24

93.865.8

65.153.261.469.4

64.046.667.356.534.969.623.063.6

91.6

94.888.1

June17

91.465.1

64.552.861.068.5

63.546.266.956.534. 269.528.561.8

56.3

97.3

94.286.1

1933 1931

June June10 25

87.162.5

64.052.561,067.8

62.745.566.156.534.269.5

59.4

65.054.8

64.046.459.570.0

59.542.962.937.719.571.326 552.0

72.2

98. 5 151. 6

94.4 79.187.4 40.5

June18

65.956.7

63.745.458.570.0

59.342.562.937.719.571.326 554.1

150.6

79.042.9

June27

85.175.5

70.362.172.857.238.274.9yq g79.2

73.2

103.7

106. 5143. 0

June20

85.076.8

70.061.472.8 ;56.532.475.0

77.1

114.7

106.1130. 0

1

ITEM

Finance — C ontinued .Banking:

Debits, outside N.Y.C 4Federal Reserve report-

ing member banks: §Deposits:

Net demandTime

Loans, total.-Interest rates:

Call loans £Time loans t

Money in circulation JProduction:

AutomobilesBituminous coal tElectric power f

1934

June1 June23 16

76. 5

123.7125.672.2

24.222.9

109.7

92.260.3

100 5Lumber i si 4Petroleum JSteel ingots . -

Receipts, primary markets:Cattle and calves

124.975.0

BogsCottonWheat

33.167.7

65.3

124. 1124.572.5

24.222.9

109.9

93.459. 899.931 4

125.378.9

73.153 420.444.4

June9

! 77.0

122. 5124.372.6

24.222.9

110.4

90.660.899.32Q 7

123.478.9

81.985 217.336.1

1933

June24

67.9

106. 2119.678.3

24.222.9

117. 6

76.958.695.939.0

120.765.8

63. 888.361. 287.8

June17

58.5

109.9116.878.9

*,22.9

118.2

75.455.594.736.5

125.463.2

68.778.765.076.5

June10

63.4

107.7116.178.4

24.222.9

119.1

71.053.292.935.3

130.160.5

170.484.370.873. 9!

1933

June25

64.9

90.5122.890.4

60.634.3

114.4

59.140.786.525.5

103. 519.7

60.446.120.843.8

June18

61.4

92.1123.592,1

60.634.3

113.0

57.839. 686.624.9

105.521.1

59.160.714.230.7

1931

June27

84.5

110.0158.1116.3

36.434.398.1

79.666.198.149.2

117. 244.7

76.569.222.365.5

June20

99.0

109.7158.6116.7

36.434.398.3

82.264.996.648.5

119.246.1

76.968.721.358. 4

* Computed normal = 100. f Latest week in preliminary. f Weekly average, 1928-30=100. J Daily average. l Temporarily discontinued.# Index revised. See Weekly supplement on June 1, 1933, for explanation. § 1933-34 indexes are based on reports from 91 cities; earlier data cover 101 cities.

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. perlb._Iron and steel composite dol. per ton--Wheat, 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 dolBills bought mills of dolBills discounted mills, of dol—U.S. Government securities mills, of doL_

Federal Reserve reporting member banks :§Deposits, net demand mills, of dol—Deposits, time mills, of dol _Investments total mills of dol

U.S. Government securities mills, of dol_.Loans, total mills, of dol._

On securities . . mills, of dol—All other mills, of dol—

Interest rates, call loans percent--Interest rates, time loans _ percent- _

Exchange rates:French franc (daily av.) -- cents. _Pound sterling (daily av.) dollars ._

Failures commercial number _Gold 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.S.E.) thous. of shares-Stock prices (N.Y. Times) dol. per share--Stock prices (421) (Standard Statistics] 1926=100-.

Industrial (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_.Electric power mills, of kw.-hr_.Petroleum thous. of bbl _Steel ingots (Dow- Jones estimate) pet. of capacity..

Construction-contracl awards (da. av.) -thous. of dolls. .Distribution:

Freight-car loading, total cars_.Coal and coke _ ... cars.Forest products csrsGrain and products cars..Livestock carsMerchandise, l.c.l carsOre carsMiscellaneous ._. _ _ _ _ . cars..

Receipts:Cattle and calves thousands—Hogs thousands. _Cotton into sight thous. of balesWheat at primary markets thous. of buWool at Boston, total thous. of l b _ _

1934

June 23

0.088.1212.19

35.06.87

4,1813, 542

2, 4685

282,430

12, 3754, 4929, 6086,5828,0553,5714,4841.001. 00

6. 5995.04233

35.005,328

59, 60094. 954, 00085.7974.182.072.744.8

70, 3301,0271,6752, 602

575,050

621, 872103, 95324, 81839, 49915, 285

160, 18634, 412

243, 719

865,3844, 371.

June 16

0.086.1222.17

34. 77.93

3,1153, 030

2, 4725

282,430

12, 6614, 4509,2816, 2438, 0893,5564,533

J .OO1.00

8.6085.05251

35.005,337

70, 40094. 804, 52286.0174.983.073. 144.8

71, 2931,0191,6652,609

604, 815

617, 649103, 255

25, 08633, 78812, 801

161, 39333, 924

247, 402

' 225344

! 53; 3, 530

3, 318

June 9

0.083.1222.14

34.77.95

3,5053,568

2,4755

292,430

12, 4994, 4399, 3006,2708, 0973, 5574, 540

1.001.00

6.6025.06239

35.005,360

62, 40094. 194,54283.6271.779.569.942.9

69, 1071, 0361, 6552, 571

60

615, 565107, 995

24, 52230, 80915, 12S

162, 93232, 000

242, 179

55045

2,8743, 981

June 24

0.078.0951.89

28.83. 75

4,3533, 147

2, 1949

2221, 955

10, 8234, 3368,3055, 3078, 5003, 7694, 7311.001.00

4. 8554.19373

25.625,711

75, 50084.89

24, 30685.5375.477.897.744.0

58, 689998

1,5982,414

503,689

609, 627109, 00728, 10038, 43915,549

170, 29214, 239

234, 001

1961 570

159: 6, 987! 10, 456

1933

June 17

0.078.0931.87

28.75.72

3,4272, 710

2, 21210

2541, 932

11,2074, 2637,9624,9908,5593, 7984,761

1.001.00

4.7624.07396

25.125, 742

72, 20084.39

29, 83783.6674.375.999.443.0

57,511946

1,5782, 612

484,580

592, 75999, 83225. 76238', 25115, 468

168, 83212,937

231, 677

1 211i 507: 169! 6, 088! 24, 812

| 1933

June 10 June 25

0.078 ! 0.052.093 j .0531.87 1.62

28.75 ! 29.52.71 ! .43

3, 792 3, 1412,938 | 3,007

2,214 I 2,28811 54

277 i 4381,912 | 1,730

10,983 ' 10.1734,275 i 4,5087,974 1 6,9195,013 ; 4,0308,511 i 9,7753,742 4,2124,769 ! 5,563

1.00 .' 2.501.00 1.50

4.742 3.9304.07 3.61

401 ! 617'.

25.02 20.675,784 ; 5,556

83,900 ! 56,49684.54 ! 70.81

32,320 3,04284.85 i 39.3172.8 i 34.575.3 34.093.5 ! 55.042.8 | 14.9

54,197 i 45,110906 i 693

1,542 1,4412,709 ! 2,156

46 i 15! 4 250

! 569, 157 ! 498, 993! 93,738 ! 71,203i 24,625 ! 16,609! 36,007 j 27,6101 15,824 ! 14,628i 188,385 ; -174,367i 10,665 ; 4,573i 219,913 : 190,003

217 186544 297184 54

J 5,876 , 3,488; 6,116 i 6,116

June 18

0.052.0531.61

29. 52.46

3.4172, 847

2, 27066

4961,692

10, 3584, 5376, 9564, 0569, 9914, 2655, 7262.501.50

3.9313.65613

20.675,485

53, 19476. 784, 45641.6836.736.059.615.9

44, 121675

1, 4422,198

164, 252

518, 39871,54617, 14025, 79515, 400

175,8194,290

208, 408

182i 391

372,4432,134

1931

June 27

0.079.1042.16

30.99.60

4,8343,916

960106198619

June 20

0.078.0882.14

31.03.74

6, 3754,588

907107185599

1930

June 28

0.116.1362.73

33.44.84

8,9485,810

936102232577

1.501.50

3. 9144.86

422

20.674,763

70, 23295.35

21, 620138. 86103.594. 5

164.980.5

60, 7701, 1251,6352, 442

3412, 779

759, 363124, 13430, 53641, 86918, 776

216,06030, 152

297, 836

236446

585, 213

10,527

1.501.50

3.9164.86467

20.674,773

53, 86295.037,110

126. 26103.294.5

163.780.1

62, 7521,1061,6102, 482

35

739, 094! 114,782

30, 55532, 77119, 549

217, 130I 30, 640

293, 661

237443

i 58i 4, 644

8, 730

2.253.25

3.9274.86490

20.674,468

54, 37295.01

15,038186. 67145.8136.2211. 4122.1

84, 6621,3331,7042,611

6427, 746

936, 690146,91247, 94748, 84620, 543

239, 54461,034

371, 864

16151730

4,94020, 752

§ 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 1833

May i May June July August Septem-ber October !N<-f- D-fr-

1934

January Febru-ary March April

BUSINESS INDEXES

BUSINESS ACTIVITY (Annalist) tCombined index normal = 100

Automobile production, _ - normal = 100. _Boot and shoe production, normal = 100. _Carloadings, freight normal = 100Cement production . - .normal = 100 .Cotton consumption normal = 100- _Electric power production normal = 100__Lumber production _. _ .normal = 100- _Pig-iron production normal = 100__Silk consumption normal = 100Steel ingot production normal = 100Wool consumption normal = 100- _Zinc production normal =100

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

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

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

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

Automobiles . . 1923-25=100Cement 1923-25=100..Food products . . - . 1 923-25 =100Glass, plate.. 1923-25 = 100..Iron and steel 1923-25 = 100Leather and shoes § 1923-25 = 100. .Lumber _._ 1923-25 = 100-.Paper and printing 1923-25 = 100. .Petroleum refining 1923-25 = 100

80.470.5

115.363.952.692.096.751.963.171.878.7

59." 6

*>90"90

9868969092---

"~89~13087

i>76"63

6065

1294366

*87*86

7857988385---

Rubber tires and tubes 1923-25—100Shipbuilding 1923-25=100..Textiles. 1923-25 = 100..Tobacco manufactures 1923-25 = 100. .

Minerals, adjusted _ .1923-25 = 100..Anthracite 1923-25-100Bituminous coal... 1923-25 = 100..Iron ore shipments 1923-25 — 100Lead ...1923-25= 100. .Petroleum, crude _ .1923-25=100Silver 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 = 100New England ... .1923-25 = 100North Central 1923-25 = 100. .Southern... 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 products 1923-25 = 100..Leather and products 1923-25 — 100Lumber and products -.1923-25 = 100..

"8912889

"76"72

4066

"12844

: 65

108. 2107. 3104. 7108. 4119. 7113.8

108. 2

90.2

154.5120. 793.2

104.3

72.547.9

128.257.040.2

112.387.447.127.891.447.9

114.642.2

"7980

•635098

•9253

10132

"9414711831

1081457643502136

136294678

077•50

4299

•8449

11030

"921479425

1081437843571437

1343045

92.997.385.789.1

103.9107.0

92.9

58.9

127.1126. 293.591.3

83.463.6

135.261.449.2

140.393.059.543.1

105.469.3

146.551.2

9193

«746499

12072

11040

"10215313920

1261478257573042

13723539293

•6551

10011872

11438

"10115411516

1331358465641541

1342455

104.5108.8104.797.8

121.3111.6

104.5

65.5

135.7136.0100.298.3

89.567.8

133.066.256.2

138. 396.971.164.485.292.7

144.066.4

9697736897

14893

11445

»10315414028

1211268955698134

1352966

100101•69

5610015010011646

"111155143

191301179067764036

1323471

112.9119.3110.1107.8125.7118.3

112.9

66.6

152.0149.8102.7102. 0

83.664.6

116.062.347.5

121.394.672.564.971.375.9

120.370.1

9089

«666588

13779

11349

"10215311022

"108131946174

11735

13628719191615095

13580

10246

"10615311115

"1141239161755736

1342877

106. 2114.4108.1101. 5114.8111.7

106. 2

63.7

152. 5133. 3101. 299.7

76.560.798.760.634.497.692.756.754.752.062.9

105.270.9

8584

•614699

11365

10637

"1051579820

"99128937569

13154

12937738484

•5537

105112669236

"10415710320

"991158774656857

1253977

107.7116.4110.4104.1121.3112.8

107.7

61.8

159.6137.092.4

ICO. 3

72.451.3

101.259.031.590.489.352.645.049.654.9

102.471.7

78"76•40

40867359

10234

"1021527928

"94116887167

10866

1223375

«7676

•45358573619333

"991529039

"911088155616364

1203377

102, 0113.7105.096.7

112.0113.3

102.0

52.1

160.0120.391.2

100.6

68.529.995.459.433.983.888.448.337.259.241.992.365.7

7270

•19389753448929

"981467336

"93978475721974

11536727271

«30399255479230

"951459741

"89958173652371

1163372

101.8112.0104.094.1

113.3116.9

101.8

49.3

161.3125.089.3

104. 6

69.741.693.062.234.868.590.051.942.1 !51.554.378.9 !60.5

6967

«26288983538129

"921387532

"7499806769

6811532687573

•463686

111619432

"9713710841

"78123856866

671192967

96.0104.395.391.3

107.5115.3

96.0

61.4

162.1107.385.597.8

73.258.7

104.265.246.288.889.554.542.760.6

. 48.873.962.1

77•75•46

3010288548930

"961429018

"91131858974

65"115

377078

«76•57

49969956

"10034

"99142972687

138888267

641203766

97.7101.897.895.5

103. 9118.2

97.7

78.9

147.5106.089.7

102.9

76.872.2

115.967.455.889.293.149.545.866.655.675.861.5

8382

•763790

10667

"10728

"10214413121

"97120889578

66"116

3971

«S280

•71i 61i 91

98; 64

"10529

"69j 144

121! 30

"91132918974

64118

! 3666

112.0117.8110.2109.8120.4126.3

112.0

95.5

1 162. 8117.5124.3112.0

« 79. 079.0

" 118.769.051.489.993. 660.650.969.660.177.462.1

8786

«964282

11575

" 10839

"10214314246

"96113918984

581215272

°85"82-78

5884

10667

"10438

* 100143

« 12959

"9411910010984

571224768

104.0108. 9101.1103.8106.0116.5

104.0

91.4

149.7107.299. 0

102.3

"80.079.8

* 127. 064.754.490.8

* 96. 153.3

a 54. 571.670.772.659.1

8889

a 1095387

10885

a 11235

v 10415213963

"93118

a8176

« 60

55" 125

4667

«8685

•8555936877

a 114

33•p 100

15211865

* CO128

a £0*73p 72

561254564

« 111.0• 112.0- 108. 7

111.0« 1J7.0• 121.4

\111. 0

•101.0

• 160. 5« 116. 0• 104. 0• 108. 7

• Revised.t Revised series. For earlier data see p. 19 of the October 1933 issue.§ Series revised. For earlier data see p. 19 of the January 1934 issue. Revisions did not change the combined indexes except for a few months and in these instances by

a slight amount." Preliminary.



1934

May

1933

May June July August Septem-ber October Novem-

berDecem-

ber

1934


BUSINESS INDEXES—Continued

INDUSTRIAL CONSUMPTION OFELECTRICAL ENERGY— Continued

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

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

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

MARKETINGS

Agricultural products *(quantity)_1923-25=100-.Animal products 1923-25=100..

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

Crops 1923-25-100..Cotton 1923-25 = 100 _Fruits ...1923-25 = 100..Grains 1923-25 = 100Vegetables . --.1923-25=100-.

Agricultural products, cash income receivedfrom marketings of: *

Crops and livestock:Unadjusted 1924-29 = 100..Adjusted 1924-29 = 100Crops adjusted 1924-29= 100. _Livestock and Products, adjusted

1924-29=100..Dairy products, adjusted

1924-25=100..Meat animals, ad justed.. 1924-29= 100. _Poultry and eggs, adjusted

1924-29=100..

STOCKS

Domestic stocks - 1923-25=100Manufactured goods 1923-25 = 100

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

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

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

Coffee — adj for seasonal 1923-25 = 100Cotton— adj . for seasonal 1923-25 = 100. _Rubber— adj. for seasonal 1923-25=100-.Silk— adj. for seasonal 1923-25=100..Sugar — adj for seasonal 1923-25=100Tea— adj. for seasonal 1923-25=100_.Tin— unadjusted 1923-25 = 100Wheat— adj. for seasonal 1923-25=100

97.2133.488.5

91.7127.0143 079.5

107.0101. 5

9712383

120915642

10837

102

50.558.059.5

55.5

65.050.0

54.5

13610811984

11610580

15078

11315816315788

17193

198

225358

14783

65.5104. 163.7

68.8112.0124 571.390.096.4

9210313179

1531318160

1119086

50.062 571 0

53.5

55.549.0

62.5

13397

11279

1018782

2019077

15579

15990

17184

206

2690 336

255326217344171201208

75.3106. 972. 6

79.8120. 5146 475. 7

102. 0118.2

9110214479

108399816265

100103

50 068 583 0

53.0

56.552.0

47.0

13410110710994

10481

1858474

15410515987

18984

183

267a 334

247353242317164199219

85.3114 079.6

95.0130 2157 075 7

113.5121 3

9195

1307384

534876273

13151

58 080 0

105 0

53.5

60.048.5

52.5

14010410912110010182

1677477

15312316785

21692

175

268a 333

245357216308159183232

80.7108.476.4

88.3130.0143 580. 0

105. 1110 3

851001269276

3446969727649

48 549 544 0

55.0

64.048.5

50.5

1421081121261099981

1548280

167123167°88213103174

262a 323

253341221994151]61233

S3. S115.80.

89.139.131£3.

100.109

118111109194

661071261^4927()89

55 549 o45 0

53. 5

66.544.0

48. 5

15310Q12011911010082

15H7386

1631^1185104216112215

25*?a 391

242346233*>74148145233

80.7111.779.0

83.5134. 2113 883. 585.8

107. 4

12687

1028770

11516628810677

108

65 548 545 0

52, 0

66.542.0

54.0

1671091171051130982

1497396

152177209116224122270

943a ?37

225« 340

228278148134219

71.0107.078.0

75.6127 A115 686.791.5

108. 5

105929682

12084

119209

775671

59 552 548 5

56.5

68.044.5

60.0

1711101111021179684

15375

105153185215121218124294

P 253$ 349

216"340

2363341441252QO

75.799.477.5

77.0120.0108.289.372.294.6

81859875

1134276

112664565

48 046 545 0

47.5

66.035.0

48.5

170110

«1211021179482

1597199

152192213120213124295

P 246P 367

220339215291140114205

76.297. 178.7

77.8119.8128 691.074.399 5

748894927828606171

93

50 052 054 0

50.5

60.543.5

51.0

162a in

1261031179683

16768

107151167199111201129273

P 249P 343

214«348

303135108214

89.3108.288.6

88.9130.3140 2107.688.7

119 2

6072846881364738574378

45 554 556 0

52.5

61.545.0

56.0

155111129

Q21179980

16284

117157166187102192115252

v 239P 3QQ

193•347

2961341041Q§

90.5108 185.0

87.1a 122 5

138 285 786.4

106 4

6780

10067

1112455507137

104

48 057 060 5

53.0

65.043.5

62.0

148108126

a 81

1169980

162

11616016717695

188108231

P 243P 307

209347

29714498

192

« 96. 0a 124 7

90. 1

°92.3126 8143 0

0 80 2a 103 f;

109 6

Gfi8494

11922

42702Q%

45 C5S 063 r'

a 52.0

03. 5o 45. 0

63. 0

a 142

• 10^*123

o gi11610481

15985

11116016716"

°9018298

213

p 2C1P 3g9

211350

332152or

197

COMMODITY PRICES

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

Total, all groups . 1923=100Clothing 1923 = 100Food . 1923 = 100 .Fuel and light 1923=100Housin^ 1923=100Sundries . 1923=100 _

FARM PRICES (Depfc. of Agri.)§

Total, ail groups 1909-14=100Cotton and cottonseed 1909-14=100Dairy products * 1909-14=100Fruits and vegetables 1909-14= 100..Grains 1909-14=100

Poultry products * 1909-14=100Unclassified 1909-14=100..

78.677 874. 185 764.292.4

749076

10578636959

72 160 764 182 863 589 4

6265636862656247

72 861 666 282 263 489 3

6469657463665548

75 263 971 782 663 290 3

768471

10394666751

76 970 073 o84 363 291 8

727179

120816367

54

77 9^5 t;

T* 285 963 699 Q;

706970

10178627758

j

78 0 1 77 877 7 i 77 873 4 • 73 087 0 l 87 463 2 62 8Q! 4 : 91 5

70 71*n 7g78 ! 7886 ; 81

68 ' 7463 5994 10556 62

77 377 A71 787 562 891 R

6877768373529563

77 577 372 087 162 791 °

70CO

7392

55g900

78 3

74 187 162 892 1

769377

1017864

02

78 577 774 307 i

63 109 2

769479

10878657258

78.4

a Revised.* New series. See.p. 18 of the March 1933 issue (marketings-quantities), p. 20 of May 1933 issue (prices), and pp. 16-19 cash income for marketings of ag§ Data for June 15: Total, 77, cotton and cottonseed 94, dairy products 76, fruits and vegetables 108, grains 89, meat animals 64, poultry products»Preliminary. *

9476

105

6370£6

jicultural products.69, unclassified 57.


Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may he foundin the 19312 Annual Supplement to the Survey

1934

May

1933 ! 1934I

May June | July i August1 i

Se£erm" OctoberNovem-

ber Dbeerm~ i Januaryi F|ryU" March

! 1 iAI

COMMODITY PRICES—Continued

RETAIL PRICESDepartment of Labor indexes: I

Coal 1913 = 100.J 156Food# 1913 = 100 J 108

Fairchild's index:* jCombined index Dec 1930=100 88 9

Apparel:infants' wear . . Dec. 1930= 100.. 93 3Men's - - - Dec. 1930 = 100,. 88.8Women's Dec 1930=100 89 5

Home furnishings Dec 1930=100 88 7Piece goods Dec. 1930=100.. 85.9

WHOLESALE PRICESDepartment of Labor index:

Combined index (784) . 1926=100-. 7 3 7Economic classes: !

Finished products 1926=100-.; 77 8Raw materials 1926 = 100. - 65. iSemimanufactures . 1926=100 _j 73 7

Farm products 1926 = 100-.; 5Q 6Grains 1926 = 100-1 63. 9Livestock and poultry 1926=100 i 47 s

Foods - 1926 = 100.. 67^ 1Dairy products -. . - 1926 = 100- . < 67 1Fruits and vegetables 1926=100-. 68. 2Meats 1923 = 100 (\Q 0

Other products .... 1926=100 . 78 9Building materials 1926 = 100.. 87. 3

Brick and tile 1926 = 100.. 91. 2Cement 1926=100 89 -1

Lumber 1928=100.. S5 9Chemicals and druCTs 1926—100 71 4

Chemicals 1928—100 73 6Drugs and Pharmaceuticals. 1926= 100- . 72. 8Fertilizer materials _ - 1926=100 . 86 4

Fuel and lighting 1926 = 100. . 72. 5Electricity 1928=100..Gas - 1928=100Petroleum products 1926 = 100-. 50. 7

Hides and leather 1926=100.. 87.9Boots and shoes 1926 = 100-.! 98. 5Hides and skins .1926 = 100 • 73 5Leather 1926 = 100— ! 76.3

House furnishing goods 1926=100—i 82. 0Furniture- 1926 = 100 1 80 1Furnishings 1926=100-.; 84. 1

Metals and metal products. .-1926=100-. 89. 1Iron and steel — 1926=100 ' C;0 2Metals, nonferrous __ 1926 = 100 ! 08 1Plumbing and heating equip- :

ment 1926=100 75 0Textile products. 1926=100..' 7 3 6

Clothing 1926 = 100-.! 82. 7Cotton goods 1926 = 100.. i 88. 3Knit goods 1926 = 100..! 65. 3Silk and rayon 1926 = 100 ' 26 5Woolens and worsted 1928=100 i 81 0

Miscellaneous 1926 = 100..; 69.8Auto tires and tubes 1926=100.. i 44. 6Paper and pulp 1926=100.. 83. 7

Other wholesale price indexes: iBradstreet's (96) 1926=100 70 7Dun's (300) . 1926 = 100 86 9

World prices, foodstuffs and raw materials:* iCombined index 1923-25^-100 4 0 0

Coffee.. 1923-25=100-. 55.9Copper 1923-25 — 100 59 9Cotton 1923-25 = 100 41 9Rubber 1923-25 — 100 31 0Silk 1923-25 = 100..! 17. 9Sugar 1993-25 — 100 '•• 19 5Tea 1923-25=100.. 74. 3Tin ..1923-25 = 100..; 106. 5Wheat- 1923-25 = 100-. 42. 4

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

PURCHASING POWER OF THEDOLLAR *

Wholesale prices 1923-25 = 100 1366Retail food prices 1923-25 = 100- 138, 5Farm prices 1 923-25 = 100. J 186.6Cost of living 1923-25 = 100... 129.5

15594

70 4

77. 571.072 371. 167.2

62. 7

67.253. 761.350.252. 848.859.458.858.852.366.571.475.281.859.873 2SO 955.068.860.494. 6

103.331. 276. 983. 6G7. 368. 371.771 672.077.775 256 6

61.355. 961.957. 948. 029 1ol 558.937.870.7

62 1

34 246. 548 431 611 622 232 739. 671.438. 8

180.5159.7222. 7141. 2

152 15597 105

72.3 > 76 1

78.7 ' 80.771. 8 i 75. 1"''?, "? 78 272.8 1 77 869.6 | 74.8

65. 0 • 68. 9

69. 0 i 72. 256. 2 ! 61. 865. 3 ! 69. 153. 2 i 60. 157. 4 i 73. 446.6 < 47.461. 2 ! 65.563. 1 i 66. 163.9 ! 75.652. 4 50. 868.9 : 72.274. 7 i 79. 577. 0 78. 281. 8 j 88. 267. 4 75. 973 7 73 2si 5 80.355. 5 56. 868. 0 68. 661. 5 65. 391. 4 89. 4

; 101. 7 100. 234. 4 41. 382. 4 : 86. 385. 5 : 88. 381.4 88.774.3 ' 78.073. 4 74. 873. 4 74. 673. 8 75. 179. 3 ; 80. 678 2 77. 763.2 (37.6

67. 4 : 69. 461.5 68.064. 5 70. 667. 1 ! 80. 250. 9 55. 2

! 35 2 37 963 8 72 3

1 60. 8 : 64. 040. 1 41. 473. 5 78. 1

64 5 69 779 1 i 82 8

37 8 42 845. 5 ; 45. 5

i 5i) 2 62 5i 35 3 i 39 7

14 4 18 830. 1 ! 31. 834 7 i 38 442. 3 i 52. 187. 9 ! 92. 339. 9 50. 3

155.0 146.2154. 8 142. 9215.5 181.5139. 9 135. 3

i 1

160107

82.5

85.480.485 781 7 180.2

69.5

73.460.671.757.664.845.964.865.771.151.074. 1

i 81. 3! 81.5

90.3' 79. 4< 73 1! 79.6

57.689.065.588.899.540.991.7

i 96.191.5

i 82.577.676.878.681.278.6

! 68. 2

70.3! 74.6

74.493.5

! 69.434 678 965.4

! 43.2I 81.0

i 69 6i 85 0

39 7! 45. 0i 63 4

35 3i 17 iI 26.3

36 9i 63.2

89.042.8

144. 9140.4191.6

1 132. 5

166 167107 107

86 0 87 1

91. 2 91 382. 9 85. 689 3 90 583 7 85 081.8 ; 82.8

70.8 ' 71.2

74.8 75.461.7 61.872 9 i 72 857.0 55 763.9 I 58.246 7 ' 45 464.9 ! 64.265. 8 66 066.8 i 62.551 5 51 076 1 i 77 282.7 ' 83.982.8 84.690 8 : 91 282 0 : 84 272 7 • 72 778 8 78 656.8 : 56.866.6 ! 67 670.4 i 73.690. 4 i 92. 3

101 5 i 100 549. 6 ! 52. 792.3 \ 89.098.9 I 98.984 1 71 285.4 i 83.279.3 j 81.278 4 ! 79 880. 5 i 82. 882. 1 ! 83. 080 3 82 468 5 67 0

74 7 i 74 776 9 : 77 181.1 ! 84.891.3 ! 88.874.8 i 74.734 5 j 32 082 7 i 84 565.1 i 65.343.2 i 43.282.2 ! 82.4

70 0 68 586 2 85 i

41 5 ' 37 645. 0 i 44. 563 3 57 535 7 35 717 0 17 926. 4 23! 039 9 33 777! 1 72. 892. 8 95. 346. 3 34. 8

142. 2 141. 4140. 1 139. 7197. 2 197. 2130. 7 130. 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. 299.070 179.381.079 482.8

81 568 0

73 776.888.086.072.530 484 465.543.282.5

68 284 6

39 344.557 036 820 320.530 473.7

105.643.4

141.6140.4194.6130. 9

1

167104

88 0

90.486.290 385 882.8

70.8

74.861.972 355 560.438 062.565. 163.046 077 585.685.7

88 073 779 259.068. 173.494.092 251.689.298.674 980.181.079 382.983.583 666 6

72 576.487.985.571.229 684 385.743.282.5

68 486 1

39 346.557 037 520 819.830 275.2

105.241.6

142.2144.1202.8131.8

167105

88 5

91 086 589 588 584.2

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

168108

89 5

93 288 490 287 585.6

73 6

77 066.074 861 363.248 266.769 171.753 378 788.687.293 987 375 578 871.569 272.491.889 350.389.698.478 080.181.079 283.087.086 365 8

72.778.987.288.667.031 084.368.543.5

| 82.7

! 71.787.5

i 43.257.356.345.224.521.733 278.2

i 102. 7! 42.1

136.8138.3

; 181. 5[ 130. 0

168109

90 0

94 089 091 488 685.8

73 7

77 985. 974 361 362.3A 9 567.368 971.656 578 586.488. 593 986 4

79 071.969.571.488.589. 448.788. 798. 573 479. 781.479. 883.287.186.366. 3

72. 776.587.289. 165.629.484.069.344.682.7

i. 71.0

86.6

42.457.856.345.225.819.627.776.3

106.942.6

136.6138. 1181.5129.7

164107

89 4

93 3a 38 9

91 888 585.9

73 3

77 i65. 173 959 658.849 266.266 567. 957 378.686. 790.789.7

75. 578. 6

68! 771.788.392. 249. 488. 998. 576. 778.481.679. 983.587.987.368.0

76.275.385.788.204. 228.482. 069. 544.683. 6

70.985.5

41.055.959.143.8

! 28.318.419.5

! 76. 8110.643.2

137. 4139. 5186. 6129. 9

CONSTRUCTION AND REAL ESTATE

CONSTRUCTION CONTRACTS !AWARDED |

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

Residential 1923-25=100. JTotal, adjusted 1923-25=100. _ |

Residential 1923-25 = 100. J

32152612

19131611

21141813

24 ;13 j21 113 i

25132413

30 !12 |3012 !

j

35123712

4212 I48 '13

46115813 i

ndex,

40104912

p. 19, D

38104412

ecember

33123311

1932; Wora 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; Wor d 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

May

1933

May June July 1 August Septem-ber October JN™7- Decem-

ber

1934

January » March April

CONSTRUCTION AND REAL, ESTATE—Continued

CONSTRUCTION CONTRACTSAWARDED— Continued

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

Projects _ _ _ numberValuation . thous. of dol

Nonresideutial buildings:!Projects _ number _Floor space thous. of sq ftValuation thous. 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:!Total contracts awarded (E.N.R.)

thous. of dol. .

HIGHWAY CONSTRUCTIONConcrete pavement contract awards:

Total thous. of sq. yd_.Roads 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.):*Estimated total cost thous. of dol__Public works funds allotted thous. of dolFederal aid funds allotted.— thous of doL.Mileage number

CONSTRUCTION COSTSBuilding costs — all types (American Appraisal

Co.)* 1913-100 .Building costs— all types G1.G(.C.)__1913 = 100__Building costs— all types (E.N.R.*) §_1913=100.._Building costs factory (Aberthaw) 1914 — 100

MISCELLANEOUS DATAConstruction— employment and wages:

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

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

Home Loan Bank, loans outstanding *thous. of doL.

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

9,153134, 446

3,2108,093

52, 797

2055,599

1,53751, 202

4,2016, 159

24, 847

116, 743

3, 7522,200

2,40543, 297

288, 460267, 371

8,91414,311

180199.6

25, 271

86, 842

9,40977, 172

3,1526,525

31, 639

1765,640

78213, 372

5,2998,352

26, 520

78, 198

1,9021,633

140158

164.4

24, 339

38, 93246.4

a 9, 174•102, 342

0 3, 0760 7, 051

" 50, 186

1645, 046

93319, 392

°5,OQ1<* 8, 295

« 27, 718

104, 200

1,8611,547

« 8, 228« 82, 5540 2, 801« 6, 920

a 39, 983

1604,132

91014, 809

4,3577,383

23, 630

50, 368

1,428879

8,186105, 989

2, 7770 6, 33732, 708

15719, 395

1,25132, 003

4, 0016, 369

21, 884

74, 063

5, 6505, 300

i

141161

163.4168

21, 579

47, 57944.9

148162

165.5

20, 004

53, 74541.5

150165

167.0

23, 627

59, 80647.4

a 7, 594"120, 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, 989

3, 1775,910

151166

187. 7

21, 465

73, 11045.8

a 6, 232162, 3410 2, 072

5,05327, 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

22, 454

80, 69954.1

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

8,114<* 131, 330

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

180195.9

22, 029

88, 92245.2

DOMESTIC TRADE

ADVERTISINGRadio broadcasting:

Cost of facilities, total thous. of dolAutomotive thous. of dolBuilding materials thous. of dolClothing and dry goods thous. of dol_.Confectionery thous. of dol._Drugs and toilet goods thous. of dol._Financial . thous. of dol .Foods thous. of dolHouse furnishings thous of dolMachinery .thous. of dolPaints 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__Sportin^ 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 dolBuilding materials thous. of doL.Clothing and dry goods thous. of doL.Confectionery thous. of dolDrugs and toilet goods thous. of doL.Fmancial thous. of doL.

3,728371323078

1,16856

974500

20243360

2160

35310110

11,5861,665

267393165

2,170266

2,287121

05333

550a 56713440

11«333

440

820

1720723

9,036779189268153

2,008177

2,065115

02238

51993

607160

12236440

7108

24142

0 7, 576a 676"106«202« 193

« 1, 580197

1,816128

09

3847079

5422309

220190

5904

16253

6,34568997

141180

1,400184

1,907234

05

3935789

5713807

238460

7000

18727

5, 87979210079

2621,407

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

18569

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

57945363

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

63999460

24241450

1900

31328114

11,6931, 543

293413168

2,431250

0 Revised.* New series. For earlier data on 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 Mouths of June, August, and November 1933 and March and May 1934 include 5 weeks, other months include 4 weeks.§ Index for June 1, 1934, 199.6.

69507—34 4



1934

May

1933 1934


ber ~- January Febru-ary March April

DOMESTIC TRADE—Continued

ADVERTISING— Continued

Magazine advertising — Continued.Cost, total— Continued.

Foods thous. of dol_.Garden _. _ _ thous. of dol .House furnishings thous. of dolJewelry and silverware thous. of dol_.Machinery thous. of dol. .Office equipment -thous. of dol._Paints and hardware thous. of dol__Petroleum products thous. of dol__Radios thous. of dol__Schools - _ - - _ -thous. o f d o lShoes 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 f 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 thousandsValue 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 TRABE

Automobiles:*New passenger car sales:

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

Chain store sales:Chain Store Age index:*

Combined index (19 companies) tav. 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 doL.Stores operated number

S. S. Kresge Co.:Sales thous. of dol__Stores 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. Woolworth Co.:Sales thous of dolStores operated number

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

Sales, value total thous. of dolWeekly average thous. of doL.

Sales, tonnage, total (estimated) ...tons..Weeklv averaee tons..

1,71161

1 03919045

102203228100128213

711184149425521652

2,501

112, 12217, 93294, 1909,2961,481

21, 79861 616

2,320

3 55334, 097

11, 25789 684

77 755^5

90 090.0

2,218132

11, 680723

6, 096I 230

2,7451 204

1 2, 367i 181

'> 22 0051,946

1 (2)| (2)

(2)

1,83456

63770242397

32639

127200

748 !135117450380200

1,732

62, 18494. 64917, 01977, 630

7,0211, 528

16, 13352 947

60 5

3,373

612, 653

3 41735, 399

9,73788, 4652,261

24, 3932 703

59 942.5

78

79

76

78 178.1

9,941716

4,978231

2, 361\ 237

1 1, 661178

19, 801a 1, 932

61, 52515, 381

397, 49899. 375

« 1,5130 22

0 452

143579

26847

0 126154

666177109377337175

1, 544

61, 25893, 16816, 34576, 8237,9911,722

16, 44850 663

61 9

2,933

643, 449

3 24033, 129

10, 02788, 7212,330

24, 9882,701

65 249.0

82

81

79

79 183.2

10, 305718

4,830231

2,551230

1,808179

19, 3441,935

79, 50315, 901

507, 361101. 472

1,34310

20047232538

23658

12185

518142100326233147

1.272

49, 36478, 3191 6, 06462, 255

6, 1392, 396

14, 27239 448

62 3

2,402

644, 172

3 06130, 957

8, 86381,759

2, 109

57 552.5

i 86

i 79

83

74 483.6

1, 857135

9, 407719

4,929231

!

2,546227

1,804179

19, 5831,937

1 63, 445; 15, 861

382,751! 95. 688

1,0185

129 !262413

32010113613

44013195

364130127

1,184

53, 71086, 33918, 15868, 181

6,7971,392

15, 19844, 794

62.7

2, 392

690, 177

3 07830, 894

9, 59887, 281

2, 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 5088.4

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, 97019, 46786, 503

4, 6831,497

20, 07160 252

64 2

2,304

665, 458

3 33833, 146

11, 106102, 877

1,998

42 753.5

84

88

80

86 90 85.6

2,082135

10, 848720

5,771230

2,867209

1,994179

22, 0351,942

63, 85615, 964

376, 06994. 017

1, 9587

594160297082

168273105134

58246

202399246218

1,899

66, 35799, 82316, 19983, 6245,5651,500

18. 76957 791

65.2

2,384

631, 748

3 25032, 232

11, 17398, 630

2,279

_.

33 053.0

83

82

79

86.8°85. 5

2,106133

10, 465721

5,586230

2,837209

1,976180

20, 9961,942

77, 63115, 526

460, 52592. 105

l

1,7778

367176298332

190238 I

84 !106

371 i102325370291224

1,791

63,962 i96,71615, 5*881, 1683,9361,506

12, 27563 451

67 4

2,525

657 203

4 01335, 487

12, 11898 5515,110

17 330.5

88

88

83

153 7"83 3

4,071134

19, 732721

11,441230

5,664209

3,591180

' 36, 9961,936

64, 47916, 120

386, 94796. 737

1,17350

229119

11017

16723512454

33693

166421283312

1,375

55, 46282, 45515, 04567, 4095,9312, 159

13, 97745 343

67 6

2,864

3 61134, 551

11, 28289, 7612,030

22 833.5

89

93

80

70.2«94. 2

1,619132

8,825721

5,107231

2,492209

1,555179

18, 1371,937

59, 92314, 981

356, 51489. 129

1,78576

34834328345

11965

11039

58355

161439284319

1,765

80, 78813, 66167, 1264,3581, 643

16, 74544 381

67 2

2,106

3 41931, 743

10, 05679, 192

2,006

45 754.5

85

90

79

73.087.5

1,525132

8,797722

5,083231

2,497205

1,584180

17, 8601,937

! 64, 27216, 088

377, 782i 94. 446

1,91659

53533279191

14511510162

57672

187449343414

2,013

103, 64816, 57787, 071

6, 1792,010

19, 38459 498

67 4

2, 507

3 82236, 183

11,99994, 176

3, 047

68 4i 64.5

88

100

81

i 87.2i « 94. 8

1 2, 3771 133

12. 321'723

6,331230

3, 257204

2,246180

24, 0351,940

81, 29216, 258

477, 82595. 565

1,96975

86710940

110163258108113198

717114198523459574

2,469

107, 49117, 80889, 6838, 1801,808

20. 18359 512

66 5

2,393

3 51934, 225

10, 47685, 2192,118

0 87 9a 59. 0

86

1031 78

82.587.2

1, 903; 133

10, 146724

5, 732! 230

2, 582204

' 2, 060180

19, 788i 1, 944

62, 46415, 616

364, 467i 91.117

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 apparel

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

July 1034 SUEVEY OF CUKRENT BUSINESS 27


1934

May

1933


berDecem-

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 dolStores operated . number

Department stores:Sales, total value, adjusted 1923-25=100..Sales, total value, unadjusted._1923-25=100._

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

7,180457

17 0861,467

7777787179767975678267977573

6766

51, 07220, 93530, 137

3,173379

6,553451

« 14, 4321,478

6767666968616563607659816073

6.9

5655

« 37, 923o 15, 248

22, 675

3,012376

6,512452

14, 6171,478

686454656658545755775874K.-7

66

5.7

5657

38, 98616, 16522, 821

3, 045373

5,784454

13, 5641,478

7049464648454444404939514267

7.9

5660

33, 56613,61519, 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, 60026, 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

a 77"73a 74

64a 760 70a 72

70a 65a 77

58816769

6.5

6865

46, 03720, 87225, 165

EMPLOYMENT CONDITIONS AND WAGES

EMPLOYMENT

Factory, 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..Petroleum refining 1923-25=100..Rayon and products 1923-25=100..

Food and products 1923-25=100. _Baking 1923-25 = 100..Beverages 1923-25=100..Slaughtering, meat packing. .1923-25=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..Aluminum 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=100..Electric railroad 1923-25=100..Steam railroad 1923-25=100—

Rubber products 1923-25 = 100—1Rubber tires and tubes 1923-25=100—1

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

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

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

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

82.4106.1111.297.7

107.4109.5267. 799.6

113.2169.196.775.176.858.591.291.491.392.151.061.340.436.1

102.481.383.065.4

73.6201.277.878.181.295.695.9

107.259.666.759.189.182.757.733.157.695.196.194.994.761.399.4

114.448.273.1

62.685.775.481.883.895.3

246.985.196.8

135.980.451.049.840.672.979.981.673.837.953.631.823.771.950.135.445.5

45.2119.054.164.055. 270.080.682.149.766.248.562.456.841.324.440.564.682.378.388.259.248.853.922.847.5

66.987.980.582.989.496.9

260.189.798.1

160.482.955.754.642.078.083.484.081.142.759.434.927.381.154.238.548.0

48.9135.058.467.761.875.382.384.948.465.647.169.365.045.927.946.571.189.788.489.061.251.758.219.848.0

71.592.387.986.492.096.9

281.494.599.5

166.685.261.862.145.581.889.590.386.346.662.438.730.883.558.140.151.4

52.9138.061.772.369.180.084.189.9

65^250.777.473.249.333.350.272.095.496.788.360.358.365.924.752.3

.109.6.103.101.97.

Factory adjusted * _______________ 1923-25=100..! 82.4 62.9 67.4 72.5 76.4 78.0 77.8 75.9 75.0 75.1Chemicals and products _______ 1923-25=100- 107.9 87.1 91.9 96.5 103.0 105.5 106.9 106.6 106.6 107.7

Chemicals ___________________ 1923-25=100.. 113.1 76.7 82.1 90.1 100.3 101.7 102.1 101.9 101.4 103.4Druggist preparations _________ 1923-25=100..! 101.3 84.9 86.8 91.2 90.5 93.1 95.4 98.4 101.4 99.7Paints and varnishes ________ 1923-25=100.. 103.6 80.8 86.1 92.2 96.1 95.2 93.7 91.8 91.6 96.1 .Petroleum refining __________ 1923-25= 100. J 109.7 95.4 96.0 94.8 97.1 103.0 109.0 111.1 112.6 112.4 112.1Rayon and products _________ 1923-25=100—1 267.7 246.9 260.1 281.4 316.1 330.3 331.3 332.0 322.0 319.4 325.20 Revised.* New series. For earlier data see p. 20 of the December 1932 issue, department store sales, Philadelphia, and p. 16 of June, 1934 and pp. 16-19 of this issue, factory

employment.

76.499.196.888.793.598.9

316.1105.4102.7162.794.268.469.849.389.892.993.292.250.468.739.833.689.464.543.555.0

59.4158.769.280.376.289.388.797.654. 264.753. 386.678.052. 835.653.177.897.899.390.362.261.668.729.457.5

80.0106.0101.295.194.1

104.9330.3120.9108.9161.1102.271.471.853.992.390.790.392.554.377.239.935.697.669.848.258.4

62.4195.974.384.578.392.492.7

103.155.165.154.388.876.352.934.848.080.498.297.695.661.764.371.628.564.2

79.6109,1103.299.894.0

108.8331.3115.9110.1150.6101.569.870.254.685.088.988.391.455.278.538.736.2

103.973.052.460.6

63.6238.275.683.277.593.394. 5

104.155.065.854.188.774.751.631.841.481.197.796.795.864.659.164.227.966.1

76.2108.4104.0101.991.1

110.0332.0104.8109.1136.398.967.967.953.383.979.177.087.852.372.437.234.7

101.173.356.160.3

62.5248.372.681.774.879.894.2

102.254.866.653.986.772.550.329.241.282.292.993.587.766.053.556.628.563.5

74.4107.6103.5103.090.1

111.2322.099.2

107.7140.598.066.667.052.786.478.775.890.849.865.936.333.3

107.771.861.259.4

61.4219.469.880.972.178.294.5

101.153.566.752.583.971.849.027.136.682.988.089.780.462.161.166.131.867.3

73.3107.9104.8101.993.9

110.3319.494.1

106.4140.596.563.565.051.679.182.980.891.445.660.033.330.797.870.065.857.8

61.2181.767.378.070.972.792.4

100.352.865.951.882.071.547.324.735.683.888.289.481.454.571.280.331.664.4

77.7110.6104.8102.497.6

110. 6325.293.9

108.4141. 595.566.667.352.879.690.389.693.647.162.436.131.398.672.975.659.2

64.1177.570.979.672.779.893.1

102.553.465.852.584.674.649.825.641.089.596.896.493.462.184.797.438.566.0

78.4

80.8112.8107.7103.198.4

110.2321.996.2

110.3147.792.870.070.153.985.492.792.295.148.563.037.632.6

101.476.875.961.8

68.3187.675.181.578.187.593.7

104.455.566.354.7

a 87.178.152.126.942.493.9

100.098.499.464.493.4

108.440.869.3

81.0110.9106.5100.997.7

111.3321.9

82.3113.3110.8100.6102.6107.8319.097.2

111.2156.692.472.672.956.088.292.392.293.249.460.839.434.3

101.280.387.263.7

71.6200.276.982.279.194.095.1

106.857.866.357.2

°90.082.155.330.548.095.999.196.8

100.064.799.1

114.943.971.7

82.2109.4110.1102.4102. 2107.8319.0



1934

May

1933

May June July August °P ^m" j October Novem-ber

Decem-ber January

1934

April

EMPLOYMENT CONDITIONS AND WAGES— Continued

EMPLOYMENT— ContinuedFactory adjusted — Continued.

Food and products 1923-25=100Baking . ... 1923-25=100-Slaughtering, meat packing— 1923-25 =100. _

Iron and steel and products.... 1923-25=100—Blast furnaces and steel works 1923-25 = 100_ _

F Structural and metal work— .1923-25 =100—r Tin cans, etc 1923-25 = 100Leather and products 1923-25=100

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

JLumber and products. . .. 1923-25 = 100. _Furniture 1923-25 = 100Mill work , 1923-25 = 100 .Sawmills 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—100Brass, bronze, copper prod... 1923-25=100—Stamped and enamel ware— 1923-25 = 100-

Paper and printing 1Q23-25— 100Paper and pulp 1923-25=100...

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

Rubber products 1923-25 = 100-Rubber 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-W earing 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 and States:Cities:

Baltimore* 1929-31 — 100Chicago * 1925-27=100..Cleveland * _ _ 1923 -25 =100..Detroit 1923-25=100Milwaukee* 1925-27=100..New York.. 1925-27= 100..Philadelphia f 1923-25 = 100. .Pittsburgh * 1923-25= 100. .

States:Delaware f .. 1923-25= 100. _Illinois 1925-27= 100..Iowa _ 1923=100Massachusetts *f 1925-27—100Maryland * 1929-31 = 100New Jersey f-- 1923-25=100New York 1925-27—100Ohio 1926=100Pennsylvania f 1923-25—100Wisconsin 1925-27=100

Nonmanufacturing (Dept. of Labor}:Mining:

Anthracite 1929=100..Bituminous coal 1929=100Metalliferous 1929 — 100Petroleum, crude production. __ 1929= 100..Quarrying and nonmetallic 1929 =100__

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

Trade:Retail 1929 — 100Wholesale 1929=100

Miscellaneous:Banks, brokerage houses, etc.*t-1929=100._Dyeing and cleaning * f 1929=100Hotels 1929=100..Laundries * 1 . 1929=100

Miscellaneous data:Construction employment, Ohio . . 1926 = 100. .Farm employees, hired, average per farm

number..Federal and State highway employment,

total* numberConstruction * numberMaintenance * number..

Federal civilian employees:United States * number

106.4113.297.974.275.758.990.394.094.293.451.364.539.935.682.080.565.4

72.4239.478.280.794. 396.5

107.259.266.758.787.578.956.231.355.993.496.094.894.861.691.0

104.143.970.9

84.566.987.5

100. 586.273.377.680.2

95. 572.1

111.073.589.581.672.193.977.084.1

63.876.740.876.754.3

72.683.170.2

88.884.6

84.385.782 1

30.3

.92

466, 504299, 133167, 371

Washington numberRailroad employees, class I thousands.. 1, 063

0 Revised.* For earlier data see the following references: emplo"'

December 1932; employment in banks and brokerage hoii.employment, p. 18, January 1934. Cleveland employm

t For revised data refer to the indicated pages as foliochusetts, employment for 1931, 1932, and 1933, p. 19, Aug

1 Series revised in the June 1934 issue. Revisions for

91.196.881.450. 449.140.872.282.284.274.838.258. 431.423.350. 534. 345.5

44.5141.754.454. 969. 081.382.149.466.248.261. 354. 240.223.139.363. 482.378.288.159. 544.749.020.846.1

« 62. 751. 162.152. 561.058. 460.959. 0

73.853. 686.458. 5

« 68. 263.757. 165.762. 163.3

43.261.230.056. 943.4

69.176.970.1

77.074.0

96. 275.771.976.6

24.0

.96

330, 138187, 371142, 767

610, 65266, 560

952

yment in5es, etc., Fent, p. 19ws: Emplust 1933.earlier m

91.797.083.355.654.841.875.486.988.083.142.661.634.526.654.438.848.0

48.4149.059. 162.275.283.184. 948.065.646.767.461.044.126.043.768.891.089.590.661.449.055.118.247 A

64.853.466.760.768.259.164.164.2

80.057.290.562.971.067.359.572.565.669.5

39.561.331.558.047.3

69.377.369.2

78.375.7

97.379.173.679.2

26.9

1.01

359, 605206, 664152, 941

601, 94465, 437

973

Baltimoreederal anthis issueoyment iiEmploy]

onths wil

92.098.085.762.803. 044.678.788.989.088.846.765.338. 430.153. 642. 351.4

52.9143. 863.269 88 L O85.189. 951.465. 250. 476.270.048.830.846.775.0

100.2100.794. 861.056. 764. 023. 053. 5

71.156. 771.062. 871.959.266.668.5

87.960.993.069. 078. 970.462.277.868.475.9

43.863.233.059.549.5

69. 477.568.5

74.676.9

97.776.675.679.5

26.8

.94

332, 277190, 633141, 644

591, 16665, 991

1, 005

, Milwau1 State hi

i Delawainent in bappear i

97.4102.496.168.770.448.183.889.788.893.649.868.639.232.764.245.955.0

59.3144.370.476.891.389.997.654.064.753.187.977.951.432.949.979.1

101.2103. 192.462. 461.768.628.060.8

75.864.075.564.776.663.472.975.7

94.267.995.373.284.074.965.781.973.277.5

47.768.636.860.851.6

69.578.168.1

78.179.7

98.376.877.181.1

29.1

.94

329, 813171, 576158, 237

592, 49067, 7151,031

kee, Marghway em

e, New Jeanks, broi a subsar

103.2107. 0103.270.971.952.487.187.386.092.452.974.839.534.567.951.458.4

62.2146. 774.879.293.993.0

103.154.865. 154.089.477.751.032.945.278.698.198.493.460.065. 572.727. 968. \

79.165.375.259.679.269.078.377.4

98.169.799.375.188.379.569.683.776.379.7

56.871.838.966.252.6

69.780.368.3

86.082.1

99.081.978.782.6

28.3

1.05

337, 973177, 413160, 560

602, 46569, 740

1,047

/land, anploymen

rsey, Pencerage houent issu

104. 6108.4100.769.470.753.485.286.785.691.453.172.238.435.670.855.060.6

64.1168.074.878.493.294.2

104.154.765.853.889.477.349.731.139.876.996.195.8

6L963.969.829.170.7

80.965.671.937.379.170.081.475.2

95.168.9

101.976.590.180.569.683.276.680.0

56.968.040.770.653.2

70.682.268.7

89.683.5

99.481.677.081.3

28.1

.86

384, 029212, 727171, 302

613, 24271, 0541,042

d Massact and emt

nsylvanirises, etc.,e.

102.3107.497.968.168.753.287.780.979.487.250.967.337.234.472.357.960.3

63. 7203.271.775. 679.993.0

102.255.066.654.187.075.150.029.340.981.292.191.888.763.160.565.331.666.1

76.863.074.641.676.767.879.374.7

94.266.298.872.985.580.567.480.575.378.3

61.074.840.672.251.1

71.082.668.9

91.683.4

99.676.175.878.4

29.1

.73

420, 069249, 239170, 830

624, 11873, 1311,014

husetts, a>loyment

i and Phifor 1932,

101.7107.793.967.668.153.189.882.480.690.449.963.836.934.072.461.459.4

62.8215. 169.272.679.193.0

101.153.666.752.684.374.350.028.638.683.287.388.281.761.965.671.834.667.3

74.160.974.161.777.167.476.873.4

92.765.499.869.181.279.866.280.172.576.5

54.575.440.675.045.3

70.881.869.4

105.483.3

99.370.577.678.4

27.3

.64

362, 031221, 168140, 863

627, 71375, 450

982

nd Federn Chicag

adelphia,p. 28, Jan

104.0108.793.764.965.553.084.583.682.189.847.262.234. 332.171.863.657.8

62.1215. 869.471.375. 191.7

100.353.665.952.683.473.752.028.140.191.188.188. 583. 158.4

8l!l35.462.5

72.160.878.5

83.276.766.973.370.0

89.064.098.468.579.077.465.879.469.575.7

64.175.839.673.239.7

70.582.270.2

84.682.4

99.268.181.578.5

23.6

.73

315, 989179, 499136, 490

627, 15578, 045

982

al civilianD, pp. 19 a

p. 19, Serjary 1934

104.3110. 893.966.466.654. 383.288.487.891.248.463.036.632.774.071.159.2

63.8216. 470.171.378.992.9

102.554.265.853.385.175.452.729.446.191.895. 194. 891.362.682.694.641.462.8

76.163.283.699.175.871.476.173.4

93.466.0

101.673.083.878.969.685.473.777.2

63.276.140.372.438.8

71.081.269.8

83.883.0

99.468.184.878.4

21.0

.67

306, 090179, 125126, 965

647, 75979, 913

992

employnnd 20, Ju]

)tember 1

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. 455.866.355.089.079.753.129.245.393.197.390. 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

71.781.770.0

87.283.6

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

106. 857.466.356.890.480.7

. 54. 730.348.294.497.896.197.365.793.8

108.840.6G7.3

84. 665.188.5

112.781. 674.778.877.6

90. 170.4

108. 974.890.379.973.291.9

79! 6

58 272.241.774.048.7

72 282^470.2

88.283.9

72.4 ! Y9. 986. 4 \ 86. 779. 2 ! 80. 5

o 20. 2 24. 5

. 80 : .80

, 296,265 • 345,278164, 038 i 209, 167132,227 136,111

; 659,503 680,02681, 569 83, 850

i ", 1,015 1,031

lent, pp. 18 and 19,ae 1933; Pittsburgh

933; and for Massa-

July 1934 SURVEY OF CUREENT BUSINESS 29


1934

May

1933


berDecem-

ber

1934


EMPLOYMENT CONDITIONS AND WAGES—Continued

EMPLOYMENT— Continued.Miscellaneous Data — Continued.

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

Building trades* percent of totalMetal trades* percent of total-Printing trades* percent of totalAll 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: fDisputes numberM^an-days lost numberWorkers 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 rollVoluntary ouit^ percent of no on pay roll

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

Chemicals and products 1923-25=100—Chemicals ._ - 1923-25=100Druggists' preparations 1923-25=100. .Paints and varnishes 1923-25=100-.Petroleuin 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 packing. .1923-25 = 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=100Boots and shoes 1923-25 — 100Leather 1923-25=100--

Lumber and products 1923-25=100--Furniture 1923-25 = 100Millwork 1923-25=100..Sawmills - 1923-25 = 100Turpentine 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=100Aluminum manufactures 1923-25=100—Brass, bronze, copper prod... 1923-25= 100. _Stamped and enamel ware.. .1923-25=100—

Paper arid printing _ 1923-25=100Paper and pulp 1923-25=100

Railroad repair shops 1923-25=100-.Electric 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—100Glass 1923 25 — 100

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

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

Automobiles 1923-25 — 100Cars, 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=100—Philadelphia *f 1923-25—100Pittsburgh * . 1923-25 = 100

Factory, by States:Delaware t 1923-25=100-Tllionis .. - 1925-27=100Maryland * 1929-31 = 100-Massachusetts *t 1925-27=100..New Jersey f .1923-25=100New York 1925-27=100..Pennsylvania t 1923-25=100Wisconsin 1925-27=100--

Nonmanufacturing (Department of Labor):Mining:

Anthracite 1929 = 100Bituminous coal _ _ 1929=100Metalliferous 1929=100..Petroleum, crude production. ._ 1929= 100- _Quarrying and nonmetallic 1929=100—

76"43°7o

83«84

52

35.4

67. 188. 394. 488. 587.992. 7

191.287.295.3

167. 080.761.266.141.586.978. 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 §74 i74 968. 146.388.0

100 446.760.0

76.644 664 859.261 465 4

68.749 i78.959.664 558.261 963.9

64 054 425.656.435.0

!

673153778047

37.4

49603 723

16, 584

42.768. 062.871.467. 180.2

149. 170.478.1

136.462.129.827.821.667.057.356.559.220.728.817.411.531.230.628.029.2

26.471.035.345.035.746.664 958.738.955.537 743 739.324.59.8

21 349 652 052 148.842.138.742 917.932.5

•45. 729 338 745.641 830 5

51.231 349.142.248 142.437 840.6

30 026 917.041.623.8

693355778148

41.2

45504, 36224, 593

20.86

.524 462 23

47.271.368.274.972.381.5

164. 873.579.6

156. 664.936.234.822.873.964.863.169.524. 834.020.114.433.235.633.132.4

31.274.640.050.442.651.666.463.238.154.136.953 349.728.612.525 356 259 362.549.543.740.645 914.532.5

50.932 245 846.545 338 7

56.935 453.147.052 145.142 546.8

34 329 218.340.627.5

693355778148

42.6

681,404,850

49, 058

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

58.135 247 747.448 042 3

66.037 960.553.054 448.045 749.2

38 233 619.042.228.4

693458788149

38.8

731,401,532101, 041

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. 179.259.544.5

-49.755 724.240.0

65.4S9 5r>2 050. 554 852 7

64.942 667.957. 357 551. 053 253. 3

46 643 321.942.529.9

713761788251

36.8

923,642,431

150, 210

22.88

.786.314.16

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

733864798452

36.2

673,067,967

94, 368

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

723764808250

34.0

361,160,565

20, 442

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

713864818049

33.8

23338,74610,748

11.31

.6211 342.18

54.584.986.692.9

. 68.889.4

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

724265818149

34.3

«31al ,926,0350 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

744566818352

35.5

« 52a819,9340 22, 876

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

754570828453

36.4

881,133,734

44, 769

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 7

°70 563.434.713.724 174 682 680 881.445.884,598 139.752.4

70.641 458 662.161 952 7

69.045 274.560.661 958.356 858.9

82 458 925.952.524.1

«76«42

728284

«53

36.1

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

54.4108.958.967.059.880.879.781.353.059.252.773 467.638.816.430 680 879.879.376.146.292.2

107 443.053.9

75.349 o59 760.9(59 555 2

69.546 878.760.762 759.058 759.6

51 751 427.253.429.9

« Revised.* For earlier data on the following subjects refer to the indicated pages of the monthly issues as follows: Trades-union members employed, pp. 18 and 19, December 1932;

hours of work and labor turnover rates, p. 20, October 1932; pay rolls, Baltimore, p. 18, December 1932; pay rolls, Chicago, p. 20, June 1933; pay rolls, Milwaukee, p. 18,December 1932; pay rolls. New York, p. 20, June 1933; pay rolls, Philadelphia, p. 18, December 1932; pay rolls, Pittsburgh p. 18, January 1934; pay rolls, Maryland andMassachusetts, p. 18, December 1932. Data on factory pay-roll indexes, by classes shown on p. 18 of June 1934 issue. See also p. 19 of this issue.

t Revised series. For revisions on the following subjects refer to the indicated pages of the 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, August 1933; pay rolls, New Jersey and Pennsylvania, p. 19,September 1933.



1934

May May June July

:3

August

L933

Segton-Octoterj*-m-

Decem-ber January

1934

1FaryU~ March April

EMPLOYMENT CONDITIONS AND WAGES—Continued

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

Public utilities:Electrir railroads 1929 — 100Power and light - - .1929=100-.Telephone and telegraph 1929=100-

Trade:Retail 1929=100..Wholesale 1929-100

Miscellaneous:Banks, brokerage houses, etc.*t-1929=100__Dyeing and cleaning*® 1929=100.Hotels 1929=100.-Laundries*® 1929=100

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

All wage earners _ _ ... dollars--Male:

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

Female dollarsAll wage earners - 1923=100__

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

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

All wage earners dollars..Male:

Skilled and semiskilled dollars.-Unskilled dollars

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

Delaware 1923-25 = 100..Illinois 1925-27 - 100Massachusetts* t 1925-27 = 100New Jersey _ ... .1923-25 = 100..New York 1925-27= 100—Pennsylvania 1923-25 = 100Wisconsin 1925-27—100

Miscellaneous data:Construction wage rates:*

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

Farm wages, without board(quarterly)-. dol. per month__

Railroads, wages... _. ...dol. per hour_.Koad-building wages, common labor:#J

United States dol. per hour..East North Central _ dol. per huor..East South Central dol per hourMiddle Atlantic dol. per hour..Mountain States- _ dol. per hour--New England dol. per hourPacific States dol. per hourSouth Atlantic - ._ dol. per hour..West North Central dol. per hourWest South Central dol. per hour--

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

63.077.671.4

71.866.3

" 65.T65.966.9

20.81

23.4017.0314. 6378.2

76.076.484.9

.587

.643

.484

.428

75.373.675.887.380.782.674.0

.5341.10

.43

.51

.30

.41

.55

.44

.57

.31

.43

.35

.485101.5

58.269.968.5

59.557.4

83.251.051. 857.1

16.71

18. 9414.4211.0362.8

61.564. 764.0

.453

.513

.368

.297

72.863.172.183.474.261.958. 5

.444.99

~"~.~602~

.33

.39

.20

.35

.43

.32

.50

.22

.34

.28

.38094.0

58.069.966.6

60.557.3

84.453.752.359.4

18.49

21.1815.8312.3069.5

68.871.171.3

.452

.511

.369

.300

74.766.974.785.475.868.962.2

.439.99

24.27.603

.33

.39

.20

.35

.42

.33

.49

.23

.34

.28

.38094.0

57.470.066.7

58.159.1

84.850.053.358.7

19.15

21.9916. 4812.9372.0

71.474.075.0

.455

.517

.375

.303

78.767.176.785.477.268.861.9

.443.99

.608

.34

.41

.20

.35

.44

.35

.51

.22

.35

.27

.440101.5

58.270.966.1

62.760.8

84.450.054.060.3

19.25

22.1616.1713.8372.3

71.972.680.2

.497

.560

.409

.362

72.367.878.184.777.674.966.2

«.443".99

.597

.35

.42

.20

.35

.43

.37

.50

.23

.35

.28

.440101.5

57.871.864.6

69.262.3

84.557.155.663.5

19. 46

22.0415.9714.2173. 1

71.671.782.4

.531

.590

.432

.395

72.466.679.083.379.072.264.8

-.452« 1.02

25.89.606

.37

.43

.20

.36

.44

.38

.52

.25

.36

.28

.440101.5

59.876.267.0

72.366.0

84.757.456.262.5

19.46

22.4016.5914. 2873.1

72.774.582.8

.540

.596

.444

.403

74. 667.377.584.577.873.966.6

«.506«1.03

.603

.37

.43

.20

.37

.44

.40

.55

.25

.37

.29

.440101.5

59.474.567.7

72.664.1

86.152.555.260.7

18.51

21.2215.0213.7969.6

68.967.480.0

.545

.604

.445

.404

72.865.676.285.076.871.564.5

«.510-1.04

.613

.38

.45

.21

.38

.45

.40

.57

.24

.37

.30

.440101.5

59.674.467.7

80.364.5

87.447.357.661.1

18.58

21.1515.2113.5369.8

68.768.378.5

.550

.609

.451

. 405

75. 166.771.284.777.471.563.3

«.520«1.06

24.90.616

.38

.45

.23

.39

.47

.39

.58

.25

.38

.31

.440101.5

59.273.869.0

68.863.9

88.146.860.861.7

18.89

21. 4415. 7413.4371.0

69.070.677.9

.551

.608

.456

.411

74.668.472.583.378.769. 664.1

".516"1.05

.612

.37

.45

.23

.41

.48

.40

.58

.21

.38

.29

.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

.614

.459

.415

76.670.575.385.778.673.568.1

.527•1.06

~~".~631~

.37

.46

. 25

.42

.49

.41

.57

.23

.36

.32

.440101.5

|

62. 2 62. 975.6 | 76.870.4 ! 68.8

69.5 ! 71.565.7 j 66.8

51.766.662.7

20.49

22.8716.9514.6377.0

74.376.184.9

.561

.615

. 465

.419

75.471.276.485.480.876.772.1

a.527•1.07

26.88.609

.42

.50

.30

.42

.55

.44

.57

.31

.41

.35

.440101.5

60.866.564.4

21.00

23.4617. 4114.7178.9

76.278.185.3

.579

.633

.479

.425

75.872.175.986.780.678.272.2

.534-1.08

.43

.51

.30

.41

.55

.46

.57

.31

.41

.35

.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 doL.Purchased 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:Agri. marketing act* . mills, of dolBanks for cooperatives, incl. C e n t r a l

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

569

3

507226281

59141

1,549335311

191

150

3390

28, 117143

669

1336

50522927611560

1,103429

83

465

137

128

687

4136

48720128712373

1, 102422

82

465

139

145

738

237

55224830414797

1,101420

1

89

461

139

154

694

140

499252247154107

1,104416

2

107

329

136

158

715

141

517236282156123

1,110413

6

127

321

135

155

737

131

592271321112130

1, 126408

16

133

319

7110

2147

758

183

599273326138133

1, 15640134

141

317

1194

6143

764

1274

442223219190109

1, 21439271

149

168

199027

145

771

1054

567255312

9510S

1,288381120

150

167

1581

157145

750

565

581266315108117

1,371370174

148

167

1573

6G5146

685

235

57625232481

133

1,458349238

156

165

1668

4,409145

613

34

53623629970

139

1,484345259

172

164

1784

14, 392145

0 Revised.* New series. For earlier data on the following subjects refer to the indicated pages of the monthly issues, as follows: Pay rolls, banks brokerage houses, etc., 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.

t 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.

# Beginning with March 1932 method of computing rates was changed.f 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.• Series revised in the June 1934 issue. Revisions for earlier months will appear in a subsequent issue.§ Construction wage rates for May 1, 1934, common labor $0.534, skilled labor $1.10.



1934

May

1933 1934

May June July August Sfer October Novr- DST- January1

Febru-ary March April

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 dol—United States securities mills, of doL-

Reserves totals mills of dolGold reserves mills, of del

Liabilities, total _ _ mills, of dolDeposits, 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 . - ~ . rr.iils. of dol—

Investments mills, of dol -Loans total mills, of dol

On securities. _ - mllis. of dol—All other loan*; mills of dol

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

Savings deposits:New York State mills, of dol—U.S. Postal Savings:

Balance to credit of depositorsthous. of dol—

Balance on deposit in banks -thous. of dol—

FAILURESCommercial failures:

Total numberAgents and brokers __ -number..Manufacturers, total number _ ..

Chemicals, drugs, and paints.. number—Foodstuffs and tobacco number--Leather and manufactures number _ _Lumber number--Metals and machinery numberPrinting and engraving, .number--Stone, clay, and glass number..Textiles _ _ _ numberMiscellaneous number ..

Traders, total number—Books and paper.. numberChemicals, drugs, and paints _ _ number _ _Clothing numberFood and tobacco .- .. - number-General stores - -_ numberHousehold furnishings number -Miscellaneous number

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

Chemicals, drugs, and paintsthous. 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 dol__Miscellaneous thous. of dol—

Traders, total thous. of dol..Books and paper thous. of dol—Chemicals, drugs, paints— thous. of dol—Clothing thous. of dol—Foods and tobacco thous. of dol—General stores - thous. of dolHousehold furnishings thous. of dol—Miscellaneous thous. of dol—

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, 2063, 4764, 550

H-tt1.00

11.505.002.26

34 1

5,090

1,197,300775, 025

97799

2467

327

2628101027

1016321164

109250

2468

10622, 5613, 3509, 674

62331178

1, 5791,334

140348951

4, 7519, 537

80739

1,0043, 875

1751, 0912, 573

25, 48613, 97711, 509

5291.63

635

6,466

2,21820

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

10, 9184,2827,9418, 4853,7134,772

H

1.002-2M«2. 50

5.583.10

i \y5, 113

1,180,336978, 286

1,909161466

1748175961382445

1571, 282

2011919443161

212245

47, 9728,074

19, 021

607545525

2,5425,0981, 7261,271

9045,803

20, 877374

1,3662,7414,576

9524,4216,447

29, 71216, 74312, 969

7802.15

764

6,531

2,22048

1641,9983,8133, 5436,5312,4942,2923,09468.2

10, 7414,4068,2138,4523,7484,704

1.00

5! 583.10

y-i5,130

1,187,186976,377

1,648133362

935114046321741

1311,153

1397

20038746

174236

35, 3454,420

13, 047

150372311

2,1662,179

6781, 118

9485,125

17, 878221

1,1032,4325, 064

5873,3315,140

31, 23217, 35413, 878

9162.80

876

6,442

2,2099

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

10, 4754,5338,0118,5463,7724,774

1.00

"' 2*505.583.10

Q / 1 //4~~ 72

5,085

1,176,669960, 170

1,421120325

733113026201142

14597615

10013836436

146177

27, 4815, 6558,282

121279559

2,285858420436689

2,63513, 544

223882

1,4013,971

4462, 3634,258

25, 45113, 07612, 375

9172.50

881

6,607

2, 2977

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

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

.98

2.505.003.13

1 li'

5,059

1,177,667947, 822

1,4721143572542114249181730

1231,003

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

2,421

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

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

.75/42. 50

5.003.13

y> 345,079

1,180,668937, 409

1,116115273

4204

3738131719

121728

558

1152843593

13821, 8474, 8337,646

14228

142,102

771404248355

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

M

.751M

'2.005.003.13

5/s 3/

5,049

1,188,871918, 644

1,2061123141346133631221915

119780106381

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, 5733,030

64.8

10, 7514,4108, 1048,5683,5694,999

.75

5^003.04

26, 30113, 01313, 288

8452.55

837

7, 041

2,68813398

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

10, 9524,3518,2008, 3853,6204,705

.94

'2/005.002.96

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

1.00

'?2. 005.002.98

25, 01513, 23111, 784

9382.58

858

7,309

2, 5676264

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

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

1.00

'*!. 505.003.00

i ^ 1V, i n/ \ v i

5,029

1,198,656910, 133

1,237108311

6319

3439271632

117820

787

1173194199

15025, 3535,2827,808

52573576

1,0951,017

775506437

2,77712,263

61792

1, 1494, 068

4201,6334,140

5,064

1,208,847914, 235

1, 132100258

623132827161129

1057741180

1163024096

12927, 2009, 0968,658

89184405

1, 7481,372

323487343

3,7079,446

195750

1,2322,854

3711,3242, 720

5,067

1,200,771902, 225

1,364118295

301 22443202034

105951

1878

212330

34125154

32, 9055,5299,265

34380195991

1, 228568503

1,1234, 243

18,111231828

2,2717, 164

5402,1464,933

5, 076

1,200,023883, 705

1, 04985

2481323132725179

2992

71610

104283

25108124

19, 4454,3315, 943

831207164

1,170284508140580

2, 0599,171

127781

1, 2542, 769

2241,7322,284

29, 68515, 60814, 077

9812.67

888

7,669

2, 5452954

2, 4474,5374, 3367, 6693, 6533, 4573, 03867. 8

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

1.00

1. 505. 002. 74

%-L

5, 122

"1,199,983«856, 323

1,102106301

623194033161722

125695

1468

101264

2313194

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

1.001-1 nI. 50

2. 50

94-1

5, 097

1, 197, 899816, 663

1, 052102281

327

3638101326

113669

125988

2762095

11925, 7875,319

10, 300

22548986

1,6383,237

126194601

3, 70410, 168

198609894

4. 424278

1,2222, 543

a Revised.« Rate changed Mar. 3, Apr. 7, Oct. 20, 1933 and Feb. 2, 1934.* 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 ia 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, 1934., and $30,000,000 on May 31, 1934.)



1934 1933

May June i July I August { Septem- j Ooinhor f Novem-! Decem-I ber |Uctober| ber | ber

1934

January Febru- |ary March 1 April

FINANCE—Continued

LIFE INSURANCE(Association of Life Insurance Presidents)

Assets, admitted, totalt 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__Piiblic utility mills, of dol—Railroad 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 doL.Industrial _ thous. of doL.Ordinary thous. of doL-

Premium collections f 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 = 100MONETARY STATISTICS

Foreign exchange rates: #Argentina dol. per gold peso--Belgium dol. per belga.Brazil dol per milreisCanada dol. per Canadian dolChile . dol. per peso..England dol. per £._France dol. per franc. .Germany dol. per reichsmark_.India dol. per rupee. -Italy dol per liraJapan dol. per yen..Netherlands dol. per florinSpain dol. per pesetaSweden . _ _ dol. per kronaUruguay dol. per peso__

Gold and money:Gold:

Monetary stocks, U.S mills, of dolMovement, foreign:

Net release from earmark- thous. of doL.Exports -_ thous. of dolImports thous. of dol

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

Production, Rand fine ounces. _Receipts at mint, domestic.. -fine ounces--

Money in circulation, total mills, of dol__Silver:

Exports thous of dolImports . thous. of dolPrice at New York dol. per fine oz__Production, estimated, world (85 percent of

total). thous. of fine ozCanada thous. of fine ozMexico _ _ thous. of fine ozUnited States thous. of fine oz

Stocks, end of month:United States . -thous. of fine ozCanada thous. of fine ozNET CORPORATION PROFITS

(Quarterly)Profits, totalf mills, of doL.

Industrial and mercantile, totalmills, of dol

Autos, parts and accessories.-mills. of dolFoods _ mills, of dolMetals and mining mills, of dol_.Machinery mills of dolOil mills, of dol-Steel and railroad equipment

mills, of dolMiscellaneous mills, of dol—

Public utilities! mills, of dolRailroads, class I mills, of dol..Telephones mills, of doL

1, 20134

868299

791,54440, 989

226, 013524, 542

588251

5668

213

b . 340.234.086

1. 002.103

5.11.066.395.383.085.302.679.137.263.806

7,759

4901, 780

39, 447

38, 157898, 418101, 217

5,355

1,6384, 435

.442

11, 6321,5436,0002.303

7,1742,449

17, 0475, 9601,3434,617

6, 2671, 4661, 6652, 618

518

2, 987

1,03414

7?2

645, 32022, 450

190, 138432, 732241, 776

15, 3087,786

53, 440165, 242

495213

4955

178

.679

.163

.076

.876

.0633.93.046.274.296.061.240.470.100.202.532

4,313

22, 11422, 9251,785

975944, 604114,017

5,876

2355,275

!,341

9,7721,0145,1971,933

8,5681,707

17, 0305,9101,3224,588

6,2931,4941, 6692,613

517

2,970

1,07625

792258

687, 77643, 295

198, 046446, 435237, 338

22, 0567,412

50, 987156, 883

490209

4757

177154

.711

.171

.076

.899

.0754.14.048.288.311.064.258.490.104.213.560

4,317

3,5454,3801,136

301918, 633

64, 4455,742

34315, 472

.357

8, 726644

5, 0671,465

6,5831,690

« 301. 2

77.250. 125 82.1

d 0 1rf!0.2d 15.9

25.4a 57.7119.247.1

17, 1075,8761,3114,565

6, 3261,5221,6712. 615'518

2, 965

1,07633

802242

666, 09542, 456

205, 780417, 859254,831

36, 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

1, 496

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

520

2,957

1,15618'

881.257

688, 62024, 437

229, 545434, 638223, 28121, 9007,902

47, 853145, 626

4932074858

180

.794

.192

.080

.943

.0824.50.054.327.339.072. 269.554.115.232.648

4,323

79, 46781,473

1, 085

-921934,714

86, 2655,616

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

ISO, 105374, 643208, 976

17, 0516,842

52, 939132, 144

4181674352

156136

.861

.207

.082

.965

.0874.66.058.354.350.078.273. 59,9.124.241.702

4,327

49, 30558, 2811,544

-7, 442901, 799105, 985

5,632

3,3213,490.384

9,6761,6184,3241,918

3,5371,862

« 415. 6

128 942.526.27.61 8

17, 2125,7471,2664,481

6,4801,6501,6922,618

520

2,945

1, 08223

812246

657, 36225, 920

212,452418, 990225, 33019, 024

7, 21653, 612

145, 484

4651944554

172

.861

.207

.085

.978

.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, 082

15, 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

6002,9571,894

-463898, 468162, 280

5,681

4644,080.430

11,3171,4746,0331,863

5,6381,744

_ . __

17.8d4. 737.7

0 52 3186.248.2

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

548217

5667

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

72.5d 6 120 59.01 6

18.7d 10 1

38.9a 56 9132. 6

I 47.2

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

^.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

b .336.229.085.992.096

5.03.065.389.379.036.298.660.133.260.788

* 7, 137

68, 65451

452, 622

521, 225826, 363

68, 8455,339

7342, 128.452

10, 4941,3515, 4131,903

8,9192,389

1

17,3606,5111, 1644, 347

6, 7941, 9671, 7162, 584

527

2,924

1,22830

894304

787, 62833, 241

228, 107526'! 2X0251 ',119

"6! 72454, 012

164,826

571244

63TG9125

0 . 340.233.085.998.101

5.09. 066.397.383. 086.300.673.136.263.802

7,602

-83744

237, 380

230, 683874, 112

93, 2225, 308

6651,823. 459

10, 2381, 0854, 4952,791

10, 6452,141

315.2

94.831.820 79.23.12,8

dW. 938.159 1

112. 249.1

17,4175, 4571, 1434, 314

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

«> . 344.234.086

1.002.103

5.15.066. 396.388.086. 303.679.137. 266.806

7,736

-1,13337

« 52, 291

o 51, 121865, 822

97, 7515, 366

1,4251,955.452

« 12, 9681, 015

« 7, 8222,389

11,8652,423

a Revised.h 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 this 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.



1934

May

1933

May June July • August ^ey™" j October Novem-ber

1934

D ber™" 1 JanuaryFebru-

ary March April

FINANCE— Continued

PUBLIC FINANCE (FEDERAL)

Debt, gross, end of month mills, of dol—Expenditures, total (incl. emergency) c?

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

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

Income tax. thous. of dol—Reconstruction 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 doi—Building and loan assoc thous. of dol—Insurance companies thous. of dol—Mortgage loan companies_thous. of dol—Railroads, incl. receivers- -thous. of doi —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

CAPITAL ISSUESTotal, all issues (Commercial and Financial

Chronicle) 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 dol—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

i.' arm 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—

26, 155

563, 226246, 80121, 041

194, 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

0000

8,00017, 582

032, 50077, 591

102, 733102, 73328. 82312, 50061,410

Foreign thous. of dol— | 0Refunding, total thous. of dol— 39. 139& Corporate thous. of dol -

Typo of security, all issues:Bonds and notes, total thous. of dol—

Corporate thous. of dol—

2, 958

138, 63128. 540

Stocks thous. of dol- 3', 241State and municipals (Bond Buyer}:

Permanent (long term) thous of dolTemporary (short term) thous. of dol -

SECURITY MARKETS

Prices: Bonds

All listed bonds, (N.Y.S.E.) dollars.- 90.17Domestic issues _ dollars 92 32Foreign issues dollars-- 80.79

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 dol —Foreign issues mills, of dol—

82.9376.07

88.34

101. 57

71.8497.6

105. 3466.54

283, 89965, 488

42, 40634, 504

7, 90238, 23931,855

6, 384

21,853

462, 547167, 15220, 515

114, 75415, 688

1,823,8821,473,600

736, 92683, 58673, 779

110, 257340. 856128, 192

324, 80027, 231

2, 724

294, 846

25, 483

« 60, 4240 60, 424

015, 6349,043

00000

6, 59100()

44, 009

' 43, 574D 43. 574

3, 5840

« 40, 0100

« 16, 83112, 050

p 57, 34112, 5503,084

53, 925105, 037

80.7984.7365.31

50. 6451.57

69.09

80.35

30.6082.0

102. 9156.47

350, 62638, 367

40, 84432, 5538, 291

32, 99S27, 5835,415

22, 539

493, 675308, 16222, 943

251, 601146, 575

22, 610

278, 503179, Oil25, 081

131, 11611,983

1,852,903 |l.»SS.?421,478,490

673, 82181,89170, 098

155, 508354, 061143, 107

330, 95030, 134

2, 742

298, 075

43, 464

222, 644162, 64460, 00060, 37815,415

00000

3,00041, 963

00

102, 2G6

110, 148110, 148

12, 0820

98, 0660

112, 49648, 296

213, 59251, 3269,052

99, 905210, 783

82.9788.8467.77

67.6758.92

74.60

84.35

59.2386.8

103. 5457.11

344, 05023, 583

40, 87832, 5938,285

33, 91728, 303

5, 015

1,461,563

672, 00380, 13968, 022

155, 094331, 290155, 010

342, 03737, 972

1 498

3,195

299, 373

51, 643

161, 990161, 857

13395, 95586, 730

1, 089000o

7,0001.061

7535, 00031, 035

117, 083116,95052, 76035. 00029, 190

13344, 90743, 081

79, 09613, 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, 45S28, 645

5, 813

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

59, 320

52, 90152, 901

014, 05014,050

000o00000

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, 986134, 343

23, 050

508, 642272, 74731, 938

164, 14810, 348

1,852,456 ll.S29.fifi31,432,249

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, 00036, 903

030, 36217, 854

85, 26517, 8548,911

52, 19143, 008

83.0085.8271.54

69.5859.79

76.57

85.74

62.3487.9

103. 5157. 97

234, 29633, 886

41, 58133, 3708,212

34, 51428, 6395,875

1,398,176

666, 46372, 19267, 596

157, 101330, 157104, 367

362, 13556, 038

3,912

3,170

23, 534

510, 375219, 49326, 565

135, 70717, 783

1,962,4021,451,067

689, 39168, 53465, 050

160,612333, 423131, 057

397, 93860, 020

123, 814 25, 068

725, 086341, 776

24, 994302, 432128, 286

2,255,0251,550,110

997, 022229, 11826, 306

182, 40515, 850

2,533,5661,601,786

711,425 710,68566, 23760, 930

177, 845337, 080190, 773

63, 61757, 383

180, 497340, 726248, 878

433, 93763, 451

514, 51971, 746

4,498 6,895 j 9,063

34,405 i 64,576 134,6951

299, 015

66, 052

3, 300

59, 36359, 363

03,1093,109

00

299,015 ! 299,015 | 299,015

110, 097

3 300

26, 052

643, 965'3,024,210

23, 275174, 03624, 803

2,604,7901,594,667

700, 27860, 14154, 249

167, 610365, 205247, 183

538, 20471,220

10, 076

157, 896

299, Oil

264, 189 410, 472 465, 130

90, 27990, 279

06,5116,511

00

0 00 00 00 0o0

00

74, 566 i 90, 243 ! 86, 98474,566 ! 90,243 j 86,984

0 ! 0 j 016, 150 7, 483 ! 15, 33615,351 1 5,983 3,366

0 i 0 00 0 ' 0

26, 158

623, 592'434,555

23, 122390, 353228, 526

2, 665, 8611, 509, 691

657, 37955, 85451,700

161, 574345, 181238, 003

556, 22380, 195

11, 073

165, 951

26, 118

« 2,983,939' 199, 278

23, 792153, 36421, 075

2, 712, 5461,476,613

627, 46050, 79938, 575

188, 008344, 934224, 064

561, 22982, 666

12, 330

167, 335

299,003 298,898

593, 048 656, 187

146, 879146, 879

026, 3404,609

00

0 0 0 00 0 ! 00 0 0

550 1, 500 12, 0000 0 ! 0

250 0 i 00 1 0 14, 250 ; 28, 000 8, 900

56, 254

58, 70258, 7023,109

055, 592

0662

0

56, 2543,1093,109

90, 39153, 830

82.3384.7072.85

66.9956.50

75.83

85.47

58.3886.5

103. 5158.78

231, 52034, 678

40, 87532, 6808,195

33, 65127, 681

5, 970

83, 768 44, 166 1 54, 759 62, 718

88,25788, 257

6,5110

81, 7460

2,0220

57, 000 ! 47, 775 ! 79, 12157, 000 47, 775 79, 12115, 601 5, 983 13, 058

0 5, 000 7, 00041, 399 | 36, 792 59, 063

236, 245235, 045

1,20087, 524

5, 195000

0 i 00 0

15, 000 5, 5836,481 76, 746

250 025, 000 45, 00095, 540 103, 722

97, 276 143, 40497, 276 143, 40413, 7703, 000

28, 24115, 000

80, 506 100, 1640 ! 0 i 0 0 0

17,566 42,467 ! 7,863 49,603 92,841550 ! 1, 500 2, 308

83,843 1 58,965 84,26075

6,436

124, 94121, 376

81.3682.9874.67

62. 1453.51

70.37

79.22

52.7782.6

101. 3961.53

296, 98993, 536

42, 01033, 8218,189

34, 18028, 065

16, 150 i 1, 50015, 601 5, 983

302,474 "147.48574, 979 86, 175

85, 92615, 3661,058

* 77, 43725, 395

!83. 3485.1175.90

65.4656.53

71.85

83.07

57.2883.6

100. 95

12, 569 59, 283

142, 27026, 3404,609

«106, 74659, 341

86. 84 ! 88. 27 89. 1588. 77 90. 12 91. 0978.65

71.8963.83

75.64

89.05

64.41

80. 43 80. 89

77. 85 79.7369.64 1 72.34

80. 18 81. 98

95. 19 97. 46

71.22 71.9788. 3 92. 9 ! 95. 1

101. 4361. 47 67. 73

267, 259 413, 39141, 865 70, 264

41,829 41,76133, 815 33, 792

102. 74 103. 7470. 22 66. 78

373,852 | 324,46423, 606 47, 980

41, 737 41, 72733, 775 33, 771

8,014 7.969 7.962 7,95534, 861 36, 264 36, 843 37, 19828.778 29.996 30.440 30,764

6,115 6,083 j 6,268 6,403 i 6,435

231, 55087, 5244,695

113,69118, 825

90.4692. 5481.57

83.4276.72

87.37

100. 50

73.9497.0

104.6667.78

356, 85955, 486

41, 76533, 851

7,91537, 78131,3256,456

a Revised.* New series. For earlier data see p. 20 of the Auarust 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, and $487,635,731 on May 31,1934,

representing payments made to States by the R.F.C. under the Emergency Relief Act of 1933 upon certification of grants by the Federal Emergency Relief Administrator./Includes $2,808,221,138 for February, $2,233,252 for March, $409,051 for April, and $298,868 for May, representing the increment resulting from reduction in weight of

gold dollar.o The figure for expenditures includes $2,000,000,000 exchange stabilization chargeable against increment in gold.(f 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, $888,121,000; July, $497,661,000; August, $372,767,000; September, $280,639,000; October, $458,692,000; Novem-ber, $282.980,000; December, $838,866.000; 1933, January, $359,509,000; February, $360,341,000: March, $439,475,000.



1934

May

1933 1934

May June July August ^P^- October Novem- Decem- ; Tnnn_ rvber | ber j Jarmary

Febru-ary March April

FINANCE—Continued

SECURITY MARKETS— ContinuedBonds— Continued

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

Industrials (15) . percentMunicipals (15) t percent--Public utilities (15) percent--Railroads (15). .1 percent-.

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

Domestic, U.S. Government:Treasury bonds (3 long term) percent. .Treasury notes and certificates (3-6

months) percent

4.565.293.934.574.47

4.17

3.28

Cash Dividend and Interest Paymentsand Hates

Total (Journal of Commerce) thous of dolDividend payments thous. of dol —

Industrial and miscellaneousthous. of dol—

Railroads, steam thous. of dolRailways, street thous. of dol—

Interest payments thous. of dol..Dividend payments (Ar. Y. Times)

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

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

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

(600) -.dollars--Banks (21) .dollars--Industrials (492)_... dollars-Insurance (21) . dollarsPublic utilities (30) dollars-Railroads (36) dollars

StocksPrices:

Dow- Jones:Industrials (30)— dol. per share—Public utilities (20) dol. per share-Railroads (20) dol. per share--

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

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

Standard Statistics:Banks, N.Y. (20) 1926-100Fire insurance (20) 1926=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).. percent--Public utilities (20) percent--Railroads (20) percent--

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

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

Foreign. _ numberPennsylvania Railroad Co , total number

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

Foreign numberShares held bv brokers percent of total

264, 155246, 14918, 006

1, 094. 5929. 04

1.183.58.94

1.701.98.98

95.323.143.6

82.66131. 1734.1571.879.669.843.3

58.665.2

25, 343

33, 8171,294

3.583.255.832.54

5.78

5.786.945.275.265.63

5.35

3.47

.29

42S, 449153, 884

144, 4001,4252,674

274, 565

218, 591199, 36219, 229

976.0923. 36

1.064.32.72

1.662.19.86

81.627.737.6

74.59118. 4030.7962.965.379.237.5

53.150.4

104, 229

32, 4731,294

3.993.675.183.59

6.78

5.376.394.715.035.34

5.09

3.40

.07

571, 529134, 350

115, 8002, 9503,000

437, 179

211,890191, 06620, 824

965.4923. 29

1.053.99.72

1.662.19.86

94.134.144.2

85.26134. 5336.0174.977.396.944.0

60.755.7

125, 627

36, 3 191,285

3.273.024.123.06

6.38

690, 8867,564

244 2953,279

187 4773,15117 91

5.156.164.604.864.97

5.00

3.38

.19

763, 219205, 900

158, 20016, 5003,000

557, 319

116,211105, 16011, 051

972.4923. 63

1.053.99.73

1.662.19.86

100.434.751.7

88.46135. 8441.0980.483.597.552.6

60.960.0

120, 300

32, 7621,281

3.022.764.092.58

6.22

5.126.144.544.844.95

4.98

3.40

.01

349, 620101, 800

88, 1004,9002,700

247, 820

211,432197, 49313, 939

970.6923. 84

1.053.99. 73

1.662.15.90

98.430.849.6

88.24135. 8640.6375.178.887.149.4

58.358.2

42, 466

36, 6701,290

3.252.934.782.73

6.20

5.286.304.595.015.23

4.94

3.40

.04

391, 58990, 700

70, 1006, 800

500300, 889

164, 629158, 577

6,052

978.8923. 78

1.063.99.75

1.662.11.90

100.327 947! 2

86.46135. 4537.4974.880.780.147.2

50.756.6

43,319

32, 7301,293

3.372.965.482.93

6.26

682, 2997,629

240, 2373,234

186, 1053, 17118.66

5.396.494.605.125.35

5.01

3.42

.09

645, 205180, 150

129, 75018, 2004,300

465, 055

123, 492117, 263

6,229

978.2923. 80

1.063.99.76

1.662.07.91

92.824.938.9

79.54127. 8631.2369.575.575.040.3

47.153.6

39, 379

30, 1181,293

3.593.255.612.51

6.38

5.726.734.895.415.86

5.52

3.60

.22

412, 855109, 950

98, 5002,0002,300

302, 905

259, 518243, 74215, 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

3.64

.29

566, 059115, 600

99, 1005,700

700450, 459

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

3.62

.25

891, 926301, 260

247, 30026, 9603,975

590, 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

4.905.704.484.754.66

4.74

3.49

.08

403, 348152, 750

129, 30013, 6001,700

250, 598

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

3.42

.01

406, 867139, 600

111, 20015, 6001,200

267, 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

5.96

671. 0527.563

1

i 235,809i 3, 174

186, 6123,77019.01

4.615.284.114.584.46

4.27

3.35

576, 94C162, 800

111, 05017,900

6, 400414, 140

162, 170155, 651

0, 51 S

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

FOREIGN TRADE

INDEXESValue:

Exports, unadjusted 1923-25=100 .Exports, adjusted for seasonal. 1923-25=100..Imports, unadjusted 1923-25 = 100Imports, 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 dolAsia and Oceania thous of dolJapan thous. of dol—Europe -thous. of dol._

France thous. of dolGermany -thous. of dol—

42454847

160. 207

30323332

7147

114, 243

2,46220, 6308,267

56. 8838,077

11,415

32363840

7245

119,809

2,72720, 6257,720

58, 8208,178

10, 235

38434448

8051

144, 197

3, 26230, 12715, 04668, 0818,516

11,349

35 ' 4238 ! 4048 : 4550 1 48

66 ! 9750 ! 57

131,451 160,090

3,744 j 4,53524,446 ! 32,12010, 157 j 15, 59962,710 \ 81,8578,476 ' 12,3409, 038 1 IS. G85

51424746

12077

193, 948

4.16635, 05016, 825

108, 81117, 04117,821

49424040

11179

184, 256

4,67037, 57317, 05694, 86414, 08216, 929

| |

51 i 45 I 4348 ! 44 4741 j 42 4142 | 42 42

109 1 93 8093 i 72 63

192, 619 ! 172, 174 162, 805

5,900 3,940 4,99940,877 i 35,903 34,22918,258 ! 16,763 14,926

102, 185 1 90, 030 | 82, 18212, 129 i 13, 200 ! 10, 93513, 577 ! 15, 728 ! 13, 820

50 i 4150 '• f.O49 ! 4f.44 42

75 6067 : fc3

191.015 ! 179,444

6,595 j 5,70837,641 ! 37,49016,295 i 14,82492,496 i 80,15012,909 i 10,67415,392 i 10,824

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 for most revisions. Other revisicEs lor tl>e year 1932 were shown on p. 34 of the April, May, December, 1933

and January 1934 issues

Julv 1934 SURVEY OF CURRENT BUSINESS 35


1934

May

1933

May June July August Septem-ber October No

bveerm- Decem-

ber

1934


FOREIGN TRADE— ContinuedVALUE— Continued

Exports, incl. reexports — Continued.By grand divisions and countries — Contd.

Europe— Continued.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 dol\rgentina thous of dolBrazil thous. of dol_.Chile - thous. of dol -

By economic classes:Exports domestic thous of dol

Crude material^ thous. of dolRaw cotton mills, of dol

Foodstuffs, total -thous. of dol _Foodstuffs, crude thous. of dol_.

Foodstufis, manufactured .thous. of doL-Fruits 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 dolGasoline mills, of dol._Machinery mills, of dol

Imports, total _ _ _ thous. of doL_Imports for consumption * 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 dolItaly thous. of doL.United Kingdom thous. of doL.

North America northern thous. of dolCanada thous. of dol

North America, southern thous. of doL.Mexico _.thous. of doL_

South America thous of dolArgentina..- thous. of doL_Brazil thous. of dolChile thous. of doL.

By economic classes: #Crude materials.. _ _ thous. of doL.Foodstufls, crude thous. of dol._Foodstuffs, manufactured. ..thous. of doL.Manufactures, semi- thous. of doL.Manufactures, finished thous. of dol_.

157, 17137, 975

17.616, 8163,994

12, 8223.36.81.9

26, 18976, 191

20.63.8

17.0154, 647146, 866

--- -

42,81218,40627,91326, 88930,846

4,55818, 78716, 73016, 43310, 3643,2747,1752,3501,813

373

111,88334, 977

26.113, 0443,024

10, 0203.84.91.0

17, 64446, 218

7.43.79.1

106, 903109, 141

1,20831, 7518, 462

30, 8052,7335,1133, 2828,010

15, 40514, 80012, 6973,586

15, 0361,3206, 958

438

24, 92019, 72120, 30318, 33723, 622

4,32922, 23318, 42118,06910,6362,8218,5802,7561,647

518

117, 53340, 257

29.313,3622,704

10, 6592.95.5

18, 18145, 732

7.03.99.3

122, 262123, 931

2,24333, 90911, 46741, 1743,1116,8003,720

11,17115, 71615, 26310, 9312,505

18, 2891,7725,1583,788

34, 30117, 77519,08327, 81323, 290

4,74124, 78721, 30020, 92711,7233,5249,7043, 4142,327

456

141, 66151, 509

38.815, 3833,078

12, 3054.35. 71.1

21, 35953, 410

7.56.0

10.1142, 992141,018

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

12, 57719, 80919, 38311, 5412,461

17, 4574, 0376,427

763

46, 44115, 89722, 87831,02126, 755

3,5962-4. 68620, 76820, 30110, 8943, 3158,8902,8972,089

338

129,29241,968

28.216, 8863,052

13, 8245.65.41.5

20, 46549, 973

8.13.4

10.9154, 976146, 714

3,17947, 02414, 09951, 1475,4108, 7023,473

14,07318, 02417, 66611, 128

2, 50324, 4756,2349,063

806

50, 66019, 75815, 64435, 23333, 681

7,22128,48921, 46120, 9789,4733,324

10, 6433,5882,650

656

157, 46163, 571

45.318, 7003, 398

15, 3026.85.91.3

21, 26153, 928

8.33.9

11.7146, 652147, 599

3,91444, 39714, 21749, 9895,6648,5053,108

12, 09320, 49319, 97910, 989

1, 87317,8664,5396,5591,092

48, 33416, 84614, 36833, 51033, 596

8,53739, 53322, 50222, 15011, 1S13,499

12, 2374,1413, 194

458

191, 72182, 545

54.323, 5105,042

18, 46811.06.21.2

24, 57361, 094

8.66.5

13.5150, 856149, 288

2,30345, 60314, 50351, 90S5,1167,6673, 838

15, 25320, 07119, 6189,8481, 766

21, 1235,9428,0851,545

46, 87417, 74117, 08933, 18335, 969

5,93433, 56423, 25122, 70911,6483,685

12,2494, 5592,862

491

181, 29171,298

48. 824, 054

6, 65417, 400

9.76.61.6

24, 18661 , 753

7.3

ie!o128, 505125, 269

2,76439, 04311,65743. 5805,6286,6043,1809,254

17, 89017, 1239,7602,305

15, 4683,4155,885

953

37, 26614, 85415, 74427, 84132, 800

6, 72843, 87818, 89618,51111,7953, 458

12, 966o,3243. 626

777

189, 78973, 070

44.324, 345

7, 46516, 880

8.36.73.9

28, 50263, 871

9.34.1

15.8133, 218124, 318

2,58739, 47910, 37542, 2736,8916,8772,9158, 253

21, 79920, 9159,6753,295

17, 4062,3158,2561,018

36, 23318, 46223, 62127, 23827, 664

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, 513

"128, 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

6,29127, 96219, 87919, 60211, 7883,7649, 7282, 5522, 838

593

159, 67154, 21S

37.719, 5696,894

12, 6756.85.42 7

24, 45661, 428

13.24.3

14.6132, 656125, Oil

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, 908

•153, 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, 00921, 91623, 67626, 11828, 418

TRANSPORTATION AND COMMUNICATIONS

TRANSPORTATIONExpress Operations

Operating revenue thous of dolOperating income thous of dol

Electric Street RailwaysFares, average (320 cities) centsPassengers carried f thousands __Operating revenues thous. of dol

Steam RailroadsFreight carloadings (F.R.B.):

Index, unadjusted 1923-25 = 100. .Coal . 1923-25 = 100.-Coke 1923-25 = 100Forest products 1923-25 = 100Grain and products 1923-25=100 _Livestock 1923-25 = 100Merchandise I c l 1923-25-100Ore 1923-25 = 100 .Miscellaneous 1923-25=100

Index adjusted 1923-25 — 100Coal 1923-25-100Coke . 1923-25 = 100. _Forest products 1923-25 = 100Grain and products 1923-25 — 100Livestock 1923-25 = 100__Merchandise, l.c.l 1923-25 = 100Ore 1923-25 = 100...Miscellaneous 1923-25 = 100--

Total cars ^ thousandsCoal thousands-.Coke thousands. .Forest products _. thousands..Grain and products thousandsLivestock thousands. .Merchandise, l.c.l thousands..Ore - thousands .Miscellaneous.. thousands. .

-

646258366250686071647058347653664069

2,442427

2710111265

66083

967

6,746122

8.143693, 493

47, 401

5647333081516821605652332899546G1457

a 2, 143°322

15°S4

« 14966

«66231

"812

6, 659121

8.143658, 80645, 134

605444368346673264606344349554671861

2, 26536220

10014762

65444

876

6, 357132

8.136620, 42442, 913

666655389846706267657563398255703464

3, 10956133

134225

75832110

1. 139

6,374138

8.136637, 27845, 055

657255376450699063617461355356695357

2,503494

2710911866

680137872

6, 743139

8.143650, 74544, 225

687259356963709668606760335753685957

3,20562535

123156101842184

1,138

6,719132

8.143704, 96347, 956

667054336468706869586253325751664959

2, 606500

2798

11993

691111968

6, 789139

8. 143688, 201

46, 962

617254336760681761606653346352672462

2, 3665022693

12482

66730

843

7,090133

8.143741,119

556858255747638

54626454315947673369

2, 5655703491

12975

74215

909

6,641140

8.143750, 249

587767266553658

55646861306851703469

2,1785193173

11870

61512

739

6, 590142

8.143698, 933

618586316546658

58647876306848673467

2,3095754087

12061

62712

785

7,052136

8,143790, 773

638271336340671064668771327546664167

3,05973045

11814867

82819

1,105

8.143833, 23C

605748335748671968626850317452653866

2,3354012397

10665

664| 29

950

* New series. Earlier data on value of imports for consumption will be shown in a subsequent issue. ° Revised,t Revised series. For earlier data see p. 19 of the August 1933 issue.# Beginning with January 1934 import data represent imports for consumption and are not comparable with earlier figur

nation on p. 9 of the March 1934 issue."j Data for July, September, December 1933, and March 1934 are for 5 weeks; other months 4 weeks.

which consist of general imports. See expla-



1934

May

1933

May June July August Septem-ber October N°™- Decem-

ber

1934

January Febru-ary

|March | April

TRANSPORTATION AND COMMUNICATIONS—Continued

TRANSPORTATION— Continued

Steam 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 dolPassenger t thous. of doL.

Operating expenses t thous. of dol_.Net railway operating income f-.thous. of doL.Operating results (class I roads) :

Freight carried 1 mile mills, of tons_.Receipts per ton-mile centsPassengers carried 1 mife millions _

Waterway TrafficCanals:

Cape Cod thous. of short tons..New York State .thous. of short tons..Panama, total thous of long tons

U.S. vessels thous. of long tonsSt. Lawrence thous. of short tons. .Sault Ste. Marie thous. of short tons..Suez._ . thous. of metric tonsWelland thous. of short tons..

Eivers:Alleghenv . thous. of short tonsMississippi (Government barges)

thous. of short tons..Monongahela thous. of short tons .Ohio (Pittsburgh to Wheeling)

thous. of short tons,.Ocean traffic:

Clearances, vessels in foreign tradethous. of net tons_.

Foreign thous. of net tons..United States thous. of net tons..

Shipbuilding. (See Trans. Equip.)Travel

Airplane travel:Passengers carried* number..Passenger miles flown* thous. of miles-.

Hotel business:Average sale per occupied room dollars..Pvooms occupied oercent of total. .

Foreign travel:Arrivals, U S. citizens numberDepartures, U.S. citizens., _ _ _ number .Emigrants-. _ numberImmigrants numberPassoorts 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 doL.Station revenues thous. of dol._Tolls, message thous. of dol

Operating expenses thous of dol

35521393

274550

9795, 745

1,287

248

1081,592

888 ;

5,7393,4922,247

2.74j 58

19, 47918, 0032, 3433,126

19. 760

132, 03031, 626

i

Operating income thous. of dol 'Stations in service, end of mo thousands

Telegraphs and cables:Operating revenues thous. of doL.i

Commercial telegraph tolls thous. of dolOperating expenses _ thous. of dolOperating income thous of dol

553281204

255, 256207, 49023,911

181, 58440, 693

21, 7321.0461,170

245542

1, 630783836

3, 4902, 1421, 109

168

1131, 022

576

5, 1293. 2591,870

38, 54312, 629

2.7151

20, 02917, 7274, 0021, 6G4

17, 428

92, 51821, 733

951

454242148

278,311223, 23630, 981

185, 32559, 483

23, 7121.0361, 495

207479

1, 691

9943,5821, 9601,239

283

1101,397

827

5, 5153, 5301,985

54, 24718, 861

2.8347

18, 32522, 23810,4141, 726

23, 563

229, 49659, 924

1 . 2012,711 3,608

80, 797 80, 70454, 706 54, 10419,502 19,83257, 297 56, 19315, 996 16, 20114, 589 14, 483

9, 169 9, 5576, 952 7, 2896, 945 7, 7901,817 1,309

393216117

293, 708240, 172

30, 964194, 90864, 307

26, 460.996

1, 633

288473

1, 699823839

6, 0502,1791,121

291

1331,561

732

5, 9913,7792,212

61, 50421, 417

2.8448

; 24, 453. 42, 135

5,2561,830

12, 323

440,728i 117,750

i 1, 224| 3, 358

i 79, 421! 52, 341i 20, 167

55, 473! 15, 954j 14, 399

! 9, 297! 7, 032i 7, 4341 1, 447

398 |237 !106 !

297, 018241, 24232, 242

202, 45360, 978

26, 468.999

1,717

254 !623

1,9141,002 !

9807,6912.227 !1,212 I

351

1151,339

851 |

6, 3634, 0592, 304

65, 18122, 798

2.9849

43, 52537, 6265, 1202,6287,540

441,795117, 261

! 1, 3513,621

i 79, 356: 52, 294! 20, 295

55, 700! 16, 383! 14, 368

i 9, 171i 7, 065! 7, 715i 1, 041

380 1223 !106 i

292, 147 !235, 43432, 014

199, 41660, 936

26, 1301. 0061,716

233517

1,797961

1,129 !8, 4532,1661,372

234

119812

600

5, 6613,6312,031

56, 83021,515

2. 9152

46, 52827, 1373, 7842, 9615,913

182, 95449, 109

1, 3923,798

78, 61552, 66819, 20655, 27115, 82914, 427

3,8386,7467,598

844

385228111

294, 342239, 603

29, 835204, 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, 520

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, 0743,1601,914

35, 66713, 492

2.9753

13, 17914, 5973. 2322,2514, 601

44, 46410, 205

1,0542, 749

79, 24253, 83018, 42156, 76715, 01714, 448

i 8, 2491 6, 147! 7, 557i 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, 1207,781

1, 3333, 552

80, 66254, 22919,81858, 77715, 60914, 449

9,0766,9708,101

561

434248129

258, 006208, 780

27, 200195, 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, 5101 8, 346

I 1,306: 3, 722

1 81, 563; 55, 012i 19, 657

56, 803i 16, 714i 14, 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, 433

2, 0771, 7144, 190

57, 5269,344

1,1323, 385

78, 53353, 22018, 34154, 78015, 79914, 523

8, 2768.2727,360

513

35721093

293, 178240, 991

27, 440209, 25152, 038

27, 793.966

1,343

2170

2,4651,119

00

2, 435o

133

821,427

788

4,7173,1231,594

22, 6008,717

2.8354

20,795! 14, 899! 2, 3041 2, 324: 6, 541

i 81, 7071 12, 453

! 1, 2273, 740

1 82, 615' 55, 015

20, 5071 57, 7631 16, 621

14, 581

9,5577, 3967, 9251,222

368211106

265, 391214, 26627, 045

200, 18732, 265

23, 472

250140

2,2911,033

5413

2,534254

174

»901,404

897

4,8603,0981,762

31,41512, 374

2.8857

22, 24922, 349

2, 7302,432

10, 946

81, 93915, 291

1,2123,488

i 8, 9106, 887

i 7,768i 734

CHEMICALS AND ALLIED PRODUCTS

CHEMICALSAlcohol:

Denatured:Consumption (disposed of)

thous. of wine gal_.Production thous. of wine gal..Stocks, end of month. _ _ thous. of wine gaU.

Ethyl:Production thous o fn roo fga lStocks, warehoused, end of month

thous. of proof galWithdrawn for denaturing

thous. of proof gal. J _ ._.Methanol, wood distilled: !

Crude: iProduction* f ^allons 'Stocks, total* t gallons

4,318 ' 4,6824,915 ; 4,8902, 349 ! 2, 570

9,149 1 10,683

19,094 ; 20,, 382

8, 264 ; S, 088

195,392 i 182,498271, 390 338, 625

! 5, 170I 5, 099i 2, 483

1 11,684

22, 230

1 8, 654

219,899! 316,324

i

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, 085! 406,939

: 10, 781! 12, 072: 2, 602

I 15, 979

13, 025

\ 20, 624

! 327,337502,803

7,172i 5, 691

1,114

15, 396

15, 606

8,776

300, 303485, 853

j

ii

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, 668

f

5, 2285, 259

I 1, 076

12, 731

24, 375

8,566

a Re vised.* 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 class I railways; and

p. 33 of the May 1934 issue for methanol.



1934

May

1933

May June July August Septem- Qctober Novern- Decem-ber

1934


CHEMICALS AND ALLIED PRODUCTS—ContinuedI

CHEMICALS— ContinuedMethanol, wood distilled— Continued.

Refined:Exports gallonsPrice, wholesale, N.Y— .dol. per gal.Production* gallonsShipments* gallons. .Stocks, end of month* .gallons..

Methanol, synthetic:Production gallons--Shipments gallonsStocks, end" of month—. gallons--

Explosives:Orders, new* thous. of lb—

Sulphur and sulphuric acid:Sulphur production (quarterly) * long tonsSulphuric acid (104 plants):

Consumed in prod, of fertilizer-short tons—Price, wholesale 66°, at works

dol. per short ton—Production .short tons..Purchases:

From fertilizer mfrs short tons..From others _ short tons.-

Shipments:To fertilizer mfrs short tons—To others short tons..

FERTILIZER

Consumption, Southern States Jthous. of short tons..

Exports, totalf long tons—Nitrogenous t - long tons—Phosphate materials long tonsPrepared fertilizers long tons -

Imports, total t# -- long tons—Nitrogenous f long tons—

Nitrate of soda t 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 tonsStocks, end of month short tons.

NAVAL STORESPine oil:

Production gallons—Rosin, gum:

Price, wholesale "B", N.Y dol. per bbl—Receipts, net, Sports bbl. (500 lb.) —Stocks, 3 ports, end of month.bbl. (500 lb.) —

Rosin, wood:Production —bbl. (500 lb.)~Stocks, end of mouth . _ . bbl. (500 lb.) .

Turpentine, gurn:Price, wholesale, N.Y dol. per gal—Receipts, 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 lbProduction 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 lbStocks, end of quarter thous of lb

Lard compounds and substitutes:Production thous. of lb—Stocks, end of quarter thous. of lb

Fish oils (quarterly) :Consumption, factory thous. of Re-production thous. of lb—Stocks, end of quarter thous. of lb—

Vegetable oils and products:Vegetable oils, total:

Consumption, factory (quarterly)thous. of lb—

Exports thous. of lb—Imports f#, thous. of Re-Production (quarterly) _thous. of lb—Stocks, end of quarter:

Crude . . _ _ _ . thous. of lbRefined thous. oflb-

38, 556.38

83, 969

15.50107, 568

5,45818, 793

14, 31225, 894

157113, 752

2,646106, 354

426103, 72371, 05739, 3215,847

17, 310

1.350

293, 807

5.4997, 905

161, 001

43, 24398, 080

.5624, 65842, 570

7,05020, 689

92356, 668

59, 621.37

95, 365105, 578348, 752

366, 015761, 369,715,547

16, 497

67, 162

15.5090, 605

7,3118,247

13, 19437, 278

23460, 3495,987

52, 479104

101,08559, 5618,4313,486

22, 714

1.345

177, 64994, 066

477, 497

208, 133

4.10110, 450227, 022

31, 04570, 934

.4732, 35967, 117

5,0286,981

~~~2,~243~82, 720

33, 100.37

98, 131131, 203315, 680

559, 002830, 220

1,444,329

20, 327

233, 233

53, 586

15.5076, 530

10, 32313, 320

14, 23630, 819

4385, 5347,625

71, 624166

105, 08372, 19029, 9215,246

19, 107

1.345

130, 27121, 508

514, 853

215, 130

! 4.30121, 946219, 882

35, 16363, 058

.4635, 54964, 824

5,514I 7, 242

173,578641,744

i 375,650

! 3, 1801 9, 8221 59, 535! 89, 974| 75, 634

245,01021, 792

41, 7956, 602

149, 105

701, 0391,234

87, 056432, 308

488, 679769, 898

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, 1406,579

70, 789250

81, 20738, 4905,3082,949

38, 053

1.315

164, 66617, 515

565, 370

271, 014

5.16123, 977234, 578

41, 03361, 785

.5135, 26570, 451

6,5165,673

- -

65, 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, 02834, 1293,9434, 602

56, 045

1.295

262, 70515, 403

691, 913

283, 152

4.96113, 107227, 943

42, 96157, 010

.4833, 23774, 920

6,7795,496

- —

444~84, fi38

36, 523.37

106, 49491, 462

459, 211

1,460,5891,425,0091,214,105

25, 107

322, Oil

92, 962

15.50133, 056

17,76523, 604

31,21538, 327

86123, 28919,83497, 481

375107, 07656, 6825,2489,643

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

I

: 176,561579,049373, 655

1,3288, 009

50, 665i 88,529; 79, 633

; 247,89823, 648

44, 53639 797

I 151,614

: 617,782504

i 68, 490547, 514

! 564,074655,532

55, 553.37

163, 619175, 608447, 222

1,643,0401,732,4581,124,687

25, 084

160, 688

15.50158, 406

27, 12631, 693

23, 27636, 270

100116, 584

9,059102, 986

763123, 39070, 72929, 6525,677

44, 548

1.295

320, 30774, 090

861, 546

274, 095

4.8590, 474

211, 422

44, 82165, 957

.4424,47979, 616

6, 92911, 526

- ---

"~2,~232~86, 451

96, 293.37

144, 846193, 398309, 762

1,099,2491,233,198990, 738

23, 256

154, 205

15. 50155, 407

34, 58933, 680

23, 99433, 728

65117, 95411,813

102, 115281

118, 13958, 71813, 7627,351

48, 685

1.295

334, 45720, 042

1,011,529

269, 719

4.8481, 896

209, 218

43, 19771, 058

.4718, 53580, 383

6,88014, 078

;::::::::;

""5," 223"90, 331

145, 657.37

187, 555166, 638330, 679

962, 185833, 978

1,118,945

23, 318

313, 283

150, 097

15.50155, 695

36, 18123, 763

26, 50738, 008

19081, 39916, 82459, 887

131158, 088100, 13923, 5081,829

51,600

1.295

322, 78318, 329

1,089,179

243, 196

4.6581, 627

210, 771

40, 43373, 151

.4717, 35281, 269

6, 91616, 433

150, 070584, 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

1

106, 358.38

101, 484.38

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

4,98568, 786

7,97018, 020

~ ~ ~ 4 ~ 269"91, 959

25, 584

149, 236

15.50139, 615

20, 15127, 300

21, 24222, 793

499109, 938

14, 24091, 639

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,~524~66, 010

135, 279.38 j

57, 259.38

!

27, 725

291, 366

133, 983

15.50132, 549

16, 94527, 766

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

40, 010

7,27919, 253

177, 809692, 340417, 599

4,8869, 561

64, 94088,35484, 600

240, 73926, 599

38, 16633, 158

158, 396

829, 2292,138

51, 535640, 075

716,692870, 068

26, 958

107, 842

15. 50119,619

12,15822, 721

21, 92630, 240

76498, 29418, 04374, 287

206178, 430133, 70680, 4664,158

35, 845

1.350

305, 273

5.5669, 496

156, 447

45, 45490, 329

.5917, 31546, 465

7,72920, 289

70, m

• Revised.* New series. For earlier data see p. 20 of the April 1933 issue (methanol) and p. 19 of January 1934 issue (explosives).T Figures revised due to dropping of Missouri from Southern States classification. See p. 19 of the January 1934 issue for earlier data.# See footnote on p. 35 of this issue.t Revised for 1933. See p. 36 of the May 1934 issue, methanol; and p. 36 of the June 1933 issue, for 1932 revisions, exports and imports of fertilizer and imports of vege-

table oils.• Texas only. Louisiana produced 23 percent of U.S. production in 1933.



1934

May

1933 1934


berDST ^uary Febru-

ary March April

CHEMICALS AND ALLIED PRODUCTS—Continued

OILS, FATS, AND ANIMALBYPRODUCTS— Continued j i

Vegetable oils and products— Continued.Copra and coconut oils:

Copra: jConsumption, factory (quar.).short tons jImports # short tons.Stocks, end of quarter short tons..

24, 519

Coconut or copra oil:Consumption, factory: j

Crude (quarterly) thous. of lbRefined, total (quarterly) -thous. of l b__

In oleomargarine thous. of Re-imports # thous of IbProduction (quarterly) :

Crude. thous. of lb._Refined thous. of Ib

9,39624, 614

Stocks, end of quarter:Crude thous. of Ib ' 'Refined thous. o f l b — i i

Cottonseed and products: tCottonseed: t

Consumption (crush) short tonsReceipts at mills short tonsStocks at mills, end of month. short tons..

Cottonseed cake and meal: tExports f .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 lb._

Cottonseed oil, refined:Consumption, factory (quarterly)

thous. oflb..In oleomargarine thous. of IbPrice, summer yellow, prime, N.Y.

dol. per lb._Production f thous. of IbStocks, end of month f thous. of lb_.

Flaxseed and products:Flaxseed:

Imports, United States #. -.thous. of bu_.Minneapolis and Duluth:

Receipts thous. of buShipments thous. of buStocks, end" of month thous. of bu..

Oil mills:Consumption, quarterly thous. of bu..Stocks end of quarter thous. of bu

Price, no. 1, Minn dol. per bu..Production, crop estimate.. thous. of bu_.Stocks, Argentina, end of month

thous. of bu..Linseed cake and meal:

Exports thous. of IbShipments from Minneapolis

thous. of Ib..Linseed oil:

Consumption, factory (quarterly)thous. of lb

110,312 !55, 365

318, 930

7850, 880

219, 748

38, 67676, 077

3,369 I

.05063, 892

805, 216

1,637 I

322 !169 |696

1.91

5, 118

31, 739

Price, wholesale, N.Y dol. per Ib— i . 097Production (quarterly) thous. of lbShipments from Minneap thous. of IbStocks at factory, end of quarter |

thous. of lb 1Lard compound:

Price, tierces, Chicago* dol. per Ib— . 07-3Oleomargarine:

Consumption (tax-paid withdrawals)thous. oflb.. 20,063

Price, standard, uncolored, Chicagodol. per Ib.. .070

Production thous. oflb.- 18,266

PAINTSPaints, varnish, and lacquer products :§

Total sales (588 estab.) thous. of dol.. jClassified (315 estab.) thous. of doL.

Industrial thous. of dol—Trade thous. of dol 1

Unclassified (273 estab.) thous. of dol :Plastic, cold-water paints, and calcimines:

Sales:Calcimines . . dollars ._Plastic paints .dollars..Cold-water paints dollars

CELLULOSE PLASTIC PRODUCTSNitro-cellulose:*

Sheets, rods, and tubes:Production .. thous. of ib .Shipments _ thous. o f l b —

Cellulose-acetate:*Sheets, rods, and tubes:

Production thous. o f lbShipments thous. o f l b —

9731,069

512556

24, 895

12, 27232, 677

"219,511« 73, 744"447, 759

5, 373»100, 922°205, 609

• 72, 7730 81, 283

1,491

.050•108, 169•781, 071

806

524267912

1.43

8,268

17, 676

10, 799

.087

8,770

.073

19, 578

.09420, 031

26, 24117, 7805,991

11, 7898,461

181, 543114, 54684, 241

982938

235221

62, 80527,25723, 779

141, 08272, 4768,715

29, 776

79, 94268, 389

138, 02416, 815

171, 66940, 659

316, 764

5079, 975

197, 902

56, 34763, 759

262, 6481,379

.05670, 512

737, 849

1,056

641334960

4,268854

1.72

7,087

26, 862

7,792

76, 975.094

79, 0357,855

86, 926

.075

15, 578

.09515, 530

27, 81319, 2726,828

12, 4448,542

152, 678113,73983, 287

1,1111,144

242221

46, 581

10, 75013, 026

161, 56065, 679

220, 883

96174, 237

160, 631

51, 74552, 444

1,274

.06457, 450

676, 163

1,391

244254875

2.05

4,724

38, 382

8,651

.108

5,861

.083

18, 929

.09518, 406

22, 09015, 0336,4068,627

\ 7, 057

i 161,415' 109,2661 61, 443

! 1, 2281, 119

1921 222

31, 78376, 80524, 98344. 537

161.829

12, 65922, 727

233, 223232, 648220, 306

2,231106, 632178, 853

70, 87858, 826

1,332

.05258, 090

640, 607

1,781

1,123158

1,117

1.88

2,939

58, 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

81, 49813, 2511,886

96, 52679 931

132, 53016, 400

522, 590891, 359589, 130

8,986232, 851258, 257

159, 454119, 580

263, 3711,489

.04777, 593

622, 799

1,981

1,568171

1,834

6,0742,8691.88

2,362

52, 481

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 36, 312

14, 68736, 203

14, 30740, 668

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, 42986, 913

1,3871, 277

207218

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, 23411, 2234,6566,5665,012

119, 73384, 65563, 942

9091,026

258279

77, 94430, 18259, 831

133, 93483, 06413, 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, 426769, 235

484

14891

1,039

6,7602,7131.77

c 6, 785

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

18, 079

12, 74535, 816

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

440, 480162, 454742, 249

5,305199, 972279, 103

136, 564173, 761

1,889

.051132, 791811, 464

1,524

11836

983

1.89

6,299

37, 768

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, 39978, 29013, 59922, 079

95, 03276, 143

192, 80814, 792

346, 330107, 802503, 721

380163, 828264, 299

112, 547146, 569

248 4122,158

.051126, 978838, 547

1,690

15558

981

5,1562,0511.82

7,283

18, 597

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

147, 28243, 64787, 612

1,3841,085

510558

a 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 1934.f 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 issue, exports of cottonseed

cake and meal.§ 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.



1934

May

1933

May June July August Septem-ber

October JNovem-j

Decem-ber

1934


CHEMICALS AND ALLIED PRODUCTS—Continued

ROOFINGDry roofing felt:

Production short tons..Stocks, end of month short tons _

Prepared roofing, shipments:Total thous. squares

Grit roll thous. squares. _Shingles (all types) thous. squares. .Smooth roll thous. squares .

20, 7413,701

2,804691672

1,441

19, 6735,472

2,026552435

1, 039

20, 3133,908

2,700662617

1,421

17, 4577,110

1,774487465822

12, 4345,989

2,076491437

1,147

14, 3224,341

2,582555480

1,547

10, 8194,499

1,561329342890

7, 3525,003

830168157505

8,8688,037

1,046215144686

7,7226,647

1,006223178605

13,8176,350

2,161420412

1,329

19, 8155,072

2 873536727

1,610

ELECTRIC POWER AND GAS

ELECTRIC POWER

Consumption, industrial, for power purposes.(See Business Indexes.)

Fuel consumed in production of electricalenergy. (See Fuels.)

Production, totalf mills, of kw -hrBy source:

Fuelsf mills, of kw -hrWater power"!" _ mills, of kw.-hr

By type of producer:Central stations! mills, of kw.-hr__Street railways, manufacturing plants, etc.

mills, of kw -hrSales of electrical energy:

Sales to ultimate consumers, total (EdisonElec. Inst.) mills, of kw.-hr-_

Domestic service ...mills, of kw.-hr-.Commercial — retail mills, of kw.-hr_.Commercial — wholesale mills, of kw.-hrMunicipal and street lighting

mills, of kw.-hrRailroads:

Electrified steam mills, of kw.-hr.-Street 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:*f

Customers, 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 ftIndustrial and commercial

millions of cu ftRevenue from sales to consumers

thous of dolDomestic --thous. of dol._House heating thous. of dol._Industrial and commercial, .thous. of dol._

Natural gas:*tCustomers, total . _ thousands

Domestic thousandsIndustrial 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 dolDomestic _ thous. of dolIndustrial and commercial thous. of dol

-------

7,013

3,6043, 409

6, 591

422

5,237907969

2,772

167

55314

149, 950

141, 163

9,7449,246

56433

28, 68921, 098

1, 293

6 142

32 16525, 698

9575, 367

5, 3125 028

28362, 10622 480

39 036

23 25515, 7887,367

7,242

4, 2083, 034

6, 803

439

5, 603889997

3,159

143

54304

153, 590

143, 368

9, 8259,329

51435

27, 37820, 584

437

8 216

31 20025, 461

3585,271

5,2995 028

26956, 45315, 283

40 603

19 7631 2, 2237 441

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 0?3

28 42923, 117

1855,027

5 2474 977'268

52, 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 04624, 688

2175, 028

5,3315 063

28756, 39911 869

43 688

18 21610 2887,804

7,479

4,8542,625

7,026

453

5,7801,0031,0683,068

191

58332

163, 940

150,390

9,9029, 387

68438

28, 21421,017

836

6 179

31 70525, 716

6215,241

5 3875 109

27661, 67915 135

45 882

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 4035 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 93624, 8772,3465, 577

5 4455 145

29980, 30031 406

47 761

29 86520, 2719 398

7,631

4,6622,970

7,147

484

5,9111,2441,1622,748

222

62396

162, 070

9,8599,320

89441

33, 14323,4174,562

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, 905

4 833

7 481

34 24225. 1283, 0195, 950

5 5005 191

30794, 34938 402

54 836

34 81523 81410 812

7,715

4, 6393,075

7,261

454

5 7961, 0561, 0462,971

191

66413

149, 780

9,8619,318

88445

33, 8412], 2014, 592

7, 848

34 48125, 3942, 851C, 094

5, r. 045 H)3

3 '̂J02 17737 879

52, 8C8

34, 08523, 38210 498

7 443

3 9563 487

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

FOODSTUFFS AND TOBACCO

BEVERAGESFermented malt liquors:*

Consumption (tax-paid withdrawals)thous. of bbl._

Production _ thous. of bblStocks, end of month thous. of bbl._

Distilled spirits:*Consumption (tax-paid withdrawals)

thous. of proof gaL.Whiskey thous. of proof gal

Production, total.. thous. of proof gal--

3,7214,349

Whiskey thous. of proof galStocks, end of month thous. of proof gal

Whiskey thous. of proof gal._DAIRY PRODUCTS

Butter:Consumption, apparent* thous. of lb._Price, N.Y., wholesale (92 score)-dol. per lb_.Production (factorjT)t thous. of lb._Receipts, 5 markets . thous of lbStocks, cold storage, creamery, end of month

thous. oflb..a Revised.* New series. For earlier data see p. 19 of

spirits available beginning July 1933 and on ferrt For revised data for electric-power produc

and 1933 and natural gas for 1931, 1932, and 1933

159, 369.24

174, 69261, 499

27, 110

the Maynented mtion for 1, see p. 20

2, 1233,077

"165, 491.23

"191, 21865, 023

35, 159

1933 issualt liquor.332, see pof the M

2,5383,287

128, 815.23

200, 71273, 116

106, 378

s, manufg?, April 1£p. 38 anday 1934 is

2,8163,5193,839

461243

2,3112,074

21, 25818, 825

133, 123.25

177, 63864, 057

150,934

ictured g£33.56 of thesue, for bi

2, 9533,4884,240

517230

2,3112,074

21,71419, 122

142, 668.21

166, 88463, 877

175, 476

is, and p.

May 1933itter prod

2,6692,8754.341

471256

2,3112,074

23, 16620, 472

139, 403.24

138, 80154, 844

174,713

19 of the

issue; foruction foi

2,0392,2924, 460

517159

2,3112,074

25, 46422. 695

143, 939.24

129, 68950, 801

160, 463

June 193

1933 see i• 1931 see

1,6781,9184, 585

1,269965

2,3112,074

27, 58224, 917

134,709.24

112, 41347, 955

138, 166

3 issue, b

}. 38 of thp. 20 of th

2,1652, 1194, 403

4,3373,7535,7694,794

28, 69525, 850

138, 550.20

111,76349, 226

111,249

Litter cons

e May 19e Jaiiuan

2,0082,4944,762

3,4182,8287, 3456,567

32, 28029, 269

147, 530.20

112,43045, 882

75, 995

umption.

34 issue; f- 1933 issu

1,8652,4225,218

2,2811,8837,9707,211

37, 99234, 496

145, 476.25

106, 44840, 888

36, 853

Month

^r manufee.

2, 6253,2635,675

2,7802, 376

10, 2819,009

45, 76641,326

144, 107.25

122, 74650, 520

15, 351

y data or

ctured ga

2,8853,7036,325

136, 671.24

133, 21847, 206

« 11,838

i distilled

s for 1932


Monthly statistics through December 1931, I 1934together with explanatory footnotes and refer- \ences to the sources of the data, may be found iin the 1932 Annual Supplement to the Survey May

1933 1934

May June ! July j August j Sej^erm' I October j ] - 1 January Febru-

ary March April

FOODSTUFFS AND TOBACCO—Continued

DAIRY PRODUCTS-ContinuedCheese:

Consumption, apparent! thous. of lb..Imports# thous o f lbPrice, No. 1 Amer. N.Y dol per ibProduction (factory)! thous. o f lb - -

American whole milk! thous. of lb- .Receipts, 5 markets thous of IbStocks, cold storage, end of month!

thous. of lb_-American whole milk! - thous. of Ib

Milk:Condensed and evaporated:

Production:!Condensed (sweetened) thous. o f lb - -Evaporated (unsweet'ed) §.. thous. oflb..

Exports:Condensed (sweetened) thous. of lb._Evaporated (unsweetened) -thous. of Ib —

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 Ib—Case goods thous. of Ib—

Evaporated (unsweetened):Case goods thous. of Ib —

Fluid milk:Consumption in oleomargarine

thous. of Ib—Production, Minn, and St. Paul

thous. of Ib—Receipts:

Boston, incl. cream thous. of qt_.Greater New York * _ thous. of qt—

Powdered milk:Exports thous. of Ib—Orders net new thous of IbStocks, mfrs. end of mo ... --thous. o f lb _

59, 8543,936

.1461, 75447, 56315, 029

71, 19357, 793

24, 907188, 688

5441, 615

4.852.70

7, 5899, 239

i! 151,6911

4,168

111, 196

22512, 352

FRUITS AND VEGETABLES iApples:

Production crop est'ma^e thou^ of bu 'Shipments, car lot! . -- -.carloadsStocks, cold storage, end of month

thous. of bbl—Citrus fruit, car-lot shipments! carloads. .Onions, car-lot shipments! carloads..Potatoes:

Price white N Y dol. per 100 IbProduction, crop estimate thous. of bu—Shipments, car lot! carloads—

GRAINSExports, principal grains, including flour and

meal.. thous. of bu—Barley:

Exports, including malt thous. of bu-_Price, no. 2, Minn dol. per bu_.Producti'on crop estimate thous of buReceipts, principal markets*.. -thous. of bu_.Visible supply, end of month, .thous. of bu_.

Corn:Exports, including meal thous. of bu—Qrindings thous. of bu—Prices, wholesale:

No. 3, yellow (Kansas City)— dol. per bu—No. 3, white (Chicago) dol. per bu—

Production crop estimate thous of buReceipts, 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 buReceipts, principal markets thous. of bu~Visible supply, end of month. -thous. of bu—

Rice:Exports! —pockets 100 Jb—Imports^ -- pockets 100 Ib—Price, wholesale, head, clean, New Orleans

dol. per Re-production crop estimate thous of buReceipts, southern paddy, at mills

thous. of bbl. (162 lb.)-Shiprnents to mills, total

thous. of pockets (100 Ib.) —New Orleans.. .thous. of pockets (lOOlb.)..

Stocks, domestic, end of monththous. of pockets (100 Ib.) —

1, 387

39212, 3033, 031

1,762

~~21~467~

5,182

408

3, 5029, 301

3715,271

.55

8, 07215, 87746? 808

68

5,00226, 205

41, 26710, 134

.039

191

41757

1,896

"58,680 ! 40,8355,527 i 6,862

. 15 i . 15"58,079 | 64,359«44, 580 i 51,14216, 037 : 13, 989

48,481 ! 78,71541, 336 | 67, 456

"22,824 i 19,496"213,859 ! 220,655'

482 ! 3332, 122 ' 3, 147

4. 68 4. 702. 55 2. 60

8,585 : 13,2699,860 i 14,996

48,127 ; 104,088

4, 814 ; 3, 773

37,821 36,342

19,409 18,876117,332 ; 115,076

192 ' 22512, 132 12, 91013,695 : 13,040

1,992 i 1,095

590 ;'14, 557 i 12, 9992,783 ; 1,785

1.101 1 1.417

45, 4993,440

.1557,81346, 20916, 923

94, 29182, 771

14, 805179, 668

3303,305

f4.732.63

11,43716, 932

131,980

4,426

29, 395

19, 235110,659

20511,23713, 303

1, 535

7,8691,156

2.371

18,205 i 21,379 12,017

3, 176 3, 210 4, 220

785 ! 858 836. 45 | .43 . 64 |

8, 780 i 5, 09130,809 i 11,701

713 : 4538,862 : 5,473

.39 ' .40

.44 ! .45

26,464 i 33,74216,718 ' 15,11138, 362 ! 49, 187

153 1 163.25 ; -30

11,791 ! 12,15923, 695 28, 173

69,816 i 71,57320,047 16,913

.026 I .026

628 i 257

821 ' 56554 | 49

1, 650 i 1, 381

6, 280 I11, 633

5816,511

.52

.57 ji

40,223 123,594 I63,456 |

155.39

16,54234,598

163, 34820,345 |

.029

i112

55450 !

937 |

39, 2123, 100

.1449, 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

19211,77313, 140

1,597

6, 4151, 871

2.305

10,795

2, 749

437.58

5,719 |14,069 I

4386,005

.50

.53

13,54314,65957,747 1

172 !.36 |

19,978 i44,746 |

73, 07730, 368

.031 !

171 :

43187 |

671

41, 3052,730

.1343, 29133, 89712, 170

113,13199, 326

18, 201126, 079

3122,885

4.732.70

10,36414, 683

208, 493

5, 220

22,812

18, 243107, 756

1849,871

15, 294

6,530

1,7496,9043,407

2. 080

17,478

2,523

411 ;.69 :

6,687 i14,830 !

482 i4,645

.44 1

.48 !

21,33310,675 !59, 670 i

96.35 :

8,815 i49,367 j

26, 987 I23, 034 !

.034

1,087

605 !92 !

1,157 j

44, 7703,830

.1336, 49428, 00612, 709

109, 65595, 831

19, 232109, 754

3221, 927

4.732.70

10, 52313, 198

234, 665

5, 344

25, 074

18, 617111, 298

21510, 13420, 332

16, 509

7,5158,2923,328

2.017

21, 902

2,143

283.67

4,31515, 692

2875,761

.38

.42

26, 61017, 88761, 462

105.32

5,05448, 642

78, 29615, 169

.036

2,094

96547

2,373

39, 9784,988

.1324, 410

1 18, 02710, 771

99,00985, 146

13, 76673, 039

2871,810

4.732.70

9,81310, 783

225, 040

5, 765

26, 300

17, 604104, 901

1969,512

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, 84013, 72964, 045

82 i.34 I

4,156 I47,818

79, 28824, 737

.038 !

1, 100

773 196 !

2, 767 j

37, 1824,524

.1325, 74219, 23410, 747

91, 97077, 773

14. 70884, 972

2862,801

4.732.70

9,6649,137

210, 407

5,106

31,349

16, 713106, 185

1629,306

30, 100

' 143, 8276,856

7,13513, 6042,195

1.997•317, 143

12, 247

7,558

151.68

•156,1042,825

14, 635

4083,924

.43

.47•2,330,237

16, 6227,921

69, 334

123.35

•722,4853,390

46, 503

96, 09722, 861

.039«35, 619

426

57328

2,648

44, 2842,823

.1328, 43619, 92113, 788

78, 78965, 476

15, 83699, 073

4763,545

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

44, 3713,902

.1728, 96221, 53612, 366

67, 81954, 934

13,015100, 272

2532,597

4.852.70

5,9434,774

112, 936

5,041

33, 813

16, 25096, 427

13010, 57724, 920

47, 8334,757

.1537, 54128, 2349, 938

62, 15349, 856

16, 989| 131,719

\ 2013,421

i 4.85| 2.70

4,9184,875

99, 176

5,682

38, 665

18, 216107, 667

31611, 19725, 006

4, 722 4, 367

3, 858 2, 13111, 741 15, 7852, 125 1, 971

2. 506 2. 388

17, 158

4,854

502.71

3, 02613, 362

2444,797

.45

.49

14, 4586,812

68, 384

69.36

4,02942, 307

87, 63922, 150

.039

932

85363

2,632

23, 634

5,757

690.70

3,57412, 207

2475, 737

.45

.51 |

12,800 i9,017 i

65,682 j

84 !.33 i

3,050 I38,011 |

142, 50435, 581

.039

496 |

746 !

64 J

2,439 j

45, 4593,676

.1344. 89733, 78810, 553

Q65, 450•52, 217

20, 532152, 401

5974, 053

4. 852.70

C4,9375,924

"117,115

4, 225

36, 732

17, 758103, 395

316•10, 92327, 648

2,254

•1, 05513, 0392,933

2.013

19, 763

6,220

425.68

2,67810,911

2094, 690-

.49

8, 6329,471

57, 396

95.32

2, 73632, 902

58, 65644, 493

.039

191

43652

•2, 215» Revised. • Dec. 1, estimate.

* New series. For earlier data see p. 20 of the November 1932 issue, barley. Data on receipts of milk in Greater New York will be shown in a subsequent issue. Milkreceipts cover receipts of fresh whole milk by rail and truck. Figures compiled by Department of Agriculture and are available to January 1930. Old series included wholemilk, buttermilk, skim milk, and cottage cheese. Old series also included all milk hauled by 1 railroad, not all of which was delivered to New York.

! Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: For 1931 on apparent consumption of cheese, production of total andAmerican 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 cheeso, 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.

# See footnote on p. 35 of this issue.§ Bulk evaporated milk not included since December 1931.

July 1934 SURVEY OF CUEEENT BUSINESS 41


1934

May

1933

May June July Augusti

Septem-ber October Novem-

berDecem-

ber

1934



G RAINS— C ontinuedRye:

Exports, including flour thous. of bu._Price, no. 2, Minneapolis dol. per bu._Production, crop estimate thous. of buReceipts, principal markets*.. .thous. of bu_.Visible supply, end of month*_thous. of bu..

Wheat:Exports:

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 buSpring wheat . thous. of buWinter wheat thous. of bu..

Receipts thous. of bu._Shipments thous. of bu..Stocks, visible supply, world.. thous. of bu..

Canada thous. of bu..United States thous. of bu..

Stocks, held by mills (quarterly)thous of bu

Wheat flour:Consumption (computed)t thous. of bblExports thous. of bbl._Grinding of wheat thous. of bu_.Prices, wholesale:

Standard Patents, Minn dol. per bblWinter, straights, Kansas City

dol. per bbl_-Production:

Flour, actual (Census) thous. of bblFlour 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:

0.60

/ 18, 7561,368

10, 505

4,3351,456

.94

.87

.86

.94

/ 400, 35712, 47914, 566

~196~869~77, 631

~~37,~ 060"

6.84

5.48

8,100

656, 70150

Consumption, apparent... mills of lb 1.178Production (inspected slaughter)

mills, oflb..Stocks, cold storage, end of month, total^. , mills, of lb._Miscellaneous meats mills, o f lb

Cattle and beef:Beef and veal:

Consumption, apparent thous. oflbExportsf thous. oflb-.Price, wholesale:

Beef, fresh native steers, Chicagodol. per lb._

Production, inspected slaughterthous. of lb—

Stocks, cold storage, end of monththous. of lb_-

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, Chicapo

dol. per 100 lb_.Hogs and products:

Hogs: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, heavy, Chicago dol. per 100 lbPork, including lard:

Consumption, apparent -.thous. of lb_.Exports, total thous. of lb"

Lard.. thous of lbPrices:

Hams, smoked, Chicago dol. per lbLard:

Prime contract, N.Y dol. per lb._Refined, Chicago* dol. perlb..

1,241

92153

500, 1311,514

.123

493, 768

42, 219

1,8091,209

592162

8.23

3,0762,272

79839

3.58

630, 42679, 94266, 167

.136

.066

.070

2.52

5,2118,806

1,52314

.74

.81

.70

.73

23, 31017, 258

475, 380196, 581118, 546

9,942321

40, 392

4.86

4.03

8,777

9,963711, 463

54

5,100

1, 107

1,240

86551

432, 8491,164

.094

430, 356

30, 538

1,5581,006

534193

6.32

17.62

2,57310, 501

1,71916

.80

.82

.76

.78

28, 59815, 822

458, 610197, 665124, 973

131,854

8,455362

39, 487

5.38

4.13

8,577

9,417696, 558

52

5,7002,993

1,095

1,314

1,04965

434, 3661,657

.094

436, 508

35, 136

1,449959

489150

|I

6.83

1,68911,273

2.72

1,21811, 998

j

1,39129

1.081.01.98

1.00

37, 17217, 527

459, 660193, 879

1,70021

.94

.92

.90

.92

26, 74813, 729

482, 600191, 545

135, 493 149, 732

10, 322290

38, 288

7.55

6.11

8,275

9,375680, 822

53

4,463

7,127362

30, 866

7.14

6.05

6,719

7,956548, 544

40

4,960

1,051 1, 159

1, 185 1, 164

1, 146 1, 10475 73

423, 174 473, 2571, 344 1, 689

. 094 . 098

426, 689 475, 679

41, 823 48, 446

1, 456 1, 669953 1, 068

460111

6. 36 6. 50

3, 143 3, 3612,412 2,621

71838

4.57

615,82556, 15446, 038

.121

.066

.073

73746

4.58

605, 98352, 09337, 941

.128

.066

.071

2,8712,136

73655

4.56

576, 46751, 11236, 200

.135

.073

.074

603213

6.32

3,9242, 957

85641

3.94

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

2.62

66813, 158

0.62

1,50114, 153

1,46624

.85

.86

.83

1,930513

.86

.90

.84

. 84 I .87

17,624 11,61217, 473 15. 551

516, 580244, 965

501, 060242, 478

149,719 ! 138,505

. _

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

8,848302

37, 067

6.90

5.60

8,116

9 158653^ 267

52

5,500

1 160

1,251

77354

436, 9601,680

.090

445, 009

59, 233 70, 010

2,1781,160

971528

5.77

2,5211,699

81333

4.49

652, 09761, 86449, 812

.122

.057

.069

1,699993

731381

5.26

0.60

« 21, 184430

13, 735

6,8765,052

.83

.87

.80

0.64

40212, 936

4,570

0.61

23612, 032

4,0392, 867 2, 667

.88

.91

.841

.83 .88

•527 413

.90

.91

.85

.91

«176 383 !

«351 030 i !11, 151 8. 747 10. 00911,685

532, 920241, 084129, 574

153, 635

8,607388

8,921 8.087582, 140 558. 440233, 368113,671

~ "8,759

36233, 492 39, 903

227, 060104, 554

8,633292

36. 029

6. 65 6. 84 6. 83

5.40 5. 63 5. 55

7,332 8.719

8, 062 o *fi4589, 978

47

4,5674,634

706, 10054

7,867

8 677639^ 724

55

5, 010 4, 761

1,038 1 O7O i Ann

1, 231 1, 465 1, 052

91165

415, 5161,924

1, 048 1, 04371 fifi

499, 2921,389

438, 8081,778

. 082 . OS9 . 090

423, 351 4Se, 762 431, 000

79, 232 72, 948 64, 745

1,343854

1, 643 1, 4041, 098 952

491 527 437176 165 121

5. 32 5. 55 | 5. 83

3, 207 3, 3322, 382 2, 406

4,2313,010

828 929 1,20728 29 41

4.15 | 3.31 3.38

670, 86663, 70547, 563

.127

.059

.071

567, 71767, 45354, 778

.119

.051

.059

715, 88062, 61751, 202

.118

.057

.062

2,7271,853

87334

4.27

512, 27550, 71536, 908

.120

.066

.071

3.59

18111,621

4,7333,065

9.57

25111,002

5,4823.576

.88 .83

.89 .83

.82 .78

.88 .83

9, 064 8. 40810, 231

532, 980220, 759

6,492495, 150211.091

94, 504 86, 856

115, 247

9,171355

38, 320

6.64

5.40

8,362

9, 465674,' 587

53

4,7004 157

1 052

1,015

~

7,963406

* 34, 187

6.34

5.28

« 7, 455

8, 298« 607] 078

48

4,764

1 01 'i

1,057

945 i 93556 52

463, 946 ! « 448, 9262, 670 2, 063

. 092 . 099

454, 655 437,914

55, 848 «46, 590

1, 500 1, 592999 1, 045

495 518138 147

6.51 7.44

2, 468 2, 6741, 679 1, 883

80137

4.33

78128

3.87

536, 044 ; « 518, 58752,114 I 49,76239,493 | 39,350

. 136 \ . 138

.067

.077.071.073

• Revised.• New series. For earlier data, see p. 20 of the November 1932 issue, rye; and p. 18 of the January 1933 issue, lard pricet Data revised from July 1931. See p. 19 of the August 1933 issue, wheat flour, and p. 40 of the June 1933 issue for 1932 '• Dec. 1 estimate. 'f June 1 estimate.

beef and veal exports.



1934

May

1933

May June July August Se£e®m" October N0bvem- Decem-ber

1934



LIVESTOCK AND MEATS— Continued

Hogs and products— Continued.Production, inspected slaughter, total

thous. of lb_.Lard thous. of lb_.

Stocks, cold storage, end of mo.thous. of lb._

Fresh and cured thous. of lb._Lard - thous. of lb._

Sheep and lambs:Lamb and mutton:

Consumption, apparent thous. of lb._Production, inspected slaughter

thous. of lb._Stocks, cold storage, end of mo.

thous. of lb._Movement, primary markets:

Receipts - - thous. of animals. _Slaughter local thous. of animals. _Slaughter, inspected. (See Leather and

leather products.)Shipments, total .thous. of animals..

Stocker and feeder thous. of animals. .Prices, wholesale:

Ewes Chicago 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 month:

Case - thous. of cases. .Frozen thous. of l b _ _

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 l 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. perlb...Receipts at ports, Brazil thous. of bags..Stocks, world total, incl. interior of Brazil

thous. of bags..Visible supply, total excl. interior of Brazil

thous. of bags. .United States thous of bags

Sugar:Raw sugar:

Cuba:Stocks, total, end of month

thous. of long tons..United States:

Meltings, 8 ports f long tons..Price, wholesale, 96° centrifugal, New

York _ dol. perlb..Receipts:

From Hawaii and Puerto Ricolong tons..

Imports f # 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 lb._Price, wholesale, gran., N.Y— dol. per lb_.Receipts:*

FromHawaiiand Puerto Rico long tons..Imports, total -long tons..

Cuba long tons. .Shipments, 2 ports long tonsStocks, end of month, 2 ports.. Jong tons..

Tea:Imports # .thous. of l b _ _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 lb__

Salmon, canned, shipments casesStocks, total, cold storage, 15th of month

thous. of lb__

699, 676137, 597

824, 631642 055182, 576

47, 281

47, 286

1,249

2 1141 014

1 104155

3 008 97

1 927

7 81593 812

19 604

39, 620

8 044.0561

9,850

903418790

.103780

8,564932

2,475

344 352

.028

146, 258250 111

561, 680

5, 622.051.041

76 93425, 147

4,389

.199

16, 884

20, 189

750, 898-156, 410

781, 442670 553110, 889

58, 368

58, 456

1,843

2,402°1 318

1,081•130

1 886 10

2 502

8 06285 323

23 123

38, 131

14 801.0450

18, 028

1,197625

1,187.082

1,631

24, 233

5, 754821

2, 825

361 308

.033

185, 06230 5 753

426, 714

3,090.049.044

12, 369

76 16332, 826

7,295

.175

15, 561

30,297477 019

19, 645

823, 375171,519

946, 980760 730186, 250

54, 569

54, 556

1,807

2,0911 167

912100

2 167 28

1 576

9 364103 019

24 086

42, 705

18 097.0480

19, 613

1,366716977

.0761,543

23, 095

6,140735

2,637

411 361

.034

164,316261 516

448, 183

3,625.049.045

11,095

62 27936, 513

5,846

.175

11,844

22, 231301, 645

25, 711

707, 930148, 330

1,027,581808 322219, 259

51, 055

50, 862

1,594

2 2281 106

1 103108

1 837 20

1 152

9 507107 660

22 1*>1

44, 970

18 198.0550

17, 832

1,586745865

.0761,440

22, 394

6,418747

2,386

358 713

.035

176, 296312 112

498, 052

3,513.054.046

12, 224

59 71838, 928

8,909

.175

10, 717

28, 784323, 634

33, 331

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

«.036

99, 100169 933

369, 780

4,062.052.046

13, 968

67 20842, 018

11, 575

.175

16, 286

34, 036700 734

44, 882

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

977 g42

a.036

108, 023177 152

311, 462

4,020.052.046

11, 671

49 90932, 649

9,496

.175

21, 553

30, 542603 692

51, 475

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

38 46425, 984

10, 929

.175

22, 598

33, 595318 730

55, 928

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

7,345966

1,292

264 289

.032

53, 354160 903

248, 054

4,900.052.044

513

35 63623, 473

6,418

.175

22, 303

21, 170200 074

58, 338

751, 663150, 287

762, 206699 gge132, 510

54, 869

56, 026

4,012

1 7741 033

739143

2 446 59

590

73161 419

70 640

123, 503

10 767.0419

44, 599

1,426752

1,144.081

1,520

7,5901 076

1,212

179 119

.032

30, 840105 123

203, 513

5,965.052.043

873

34 66826, 360

7,670

.175

22, 319

17, 043312 064

57, 188

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

7,7181 038

926

237 313

.032

79, 790173 846

256, 031

3,560.052.042

13, 203

39 92522, 701

6,938

.181

20, 516

16, 739403 556

44, 660

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

7,564qon

1,335

259 470

.033

192, 519114 484

291, 644

4,187.051.044

9,981

48 26721, 950

4,696

.185

19, 538

18, 185513 130

32, 712

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 O9c;

1,862

289 666

.031

201, 877173 838

406, 345

4,248.051.044

13, 596

53 04530, 282

6,758

.185

21,951

24 782449 736

18, 481

572, 457113,056

0 835, 185a 656 087a 179, 098

« 47, 676

46, 976

« 1, 281

1 838959

872135

4 ?c

8 90

2 051

o 4 640a co «QO

1 q 947

« 49, 212

26 539.0539

22, 287

842425996

.1041,212

8,600

2,422

272 885

.028

151, 334214 079

516, 505

4,246.051.044

15 294

45 88331, 164

4,493

.193

16, 792

37 906229 108

15, 883a Revised.* New series. Earlier data will be shown in a subsequent issue.t For revised data for 1932 see p. 41 of the May 1933 issus, sugar meltings and stocks, and p. 41 of the June 1933 issue, sugar exports and imports.# See footnote on p. 35 of this issue.

July 1934 SUKVEY OF CURRENT BUSINESS 43


1934

May

1933

May June July 1 August1

Septem-ber October Novem-

berDecem-

ber

1934



TOBACCOLeaf:

Exports f _ _ thous. of Ib .Imports, unmanufactured # thous. of lb._Production, crop estimate thous. of IbStocks, total, including imported types

(quarterly) mills, of IbFlue-cured, fire-cured, and air-cured

mills, of IbCigar types mills, of lb._

Manufactured products:Consumption (tax-paid withdrawals) :

Small cigarettes millionsLarge cigars thousands--Manufactured tobacco and snuff

thous. of lb__Exports, cigarettes .. thousandsPrices, wholesale:

Cigarettes dol. per 1,000._Cigars dol. per 1,000..

31, 3804, 548

11 174380, 450

29, 056336, 264

5. 38046. 839

20, 2512,669

12 823371, 373

31,838197, 603

4.85146.062

18, 5231,502

2,099

1,599400

12, 463418, 570

32, 358142, 109

4. 85146. 062

30, 6211,880

9 526400, 511

28, 782207, 360

4.85146. 062

24, 5031,666

11,189434, 821

32, 942171, 439

4.85148. 062

42, 3962,349

2,009

1,529389

9 5'?S423, 600

29, 133271,311

4.85146. 062

66, 2171,911

9 176408, 452

30, 546272, 498

4.85146. 519

44, 1822,776

6,835415, 347

25, 407238, 329

4.85146. 461

62, 5684,198

•1,396,174

2, 182

1, 718377

7 800276, 690

21, 686271, 219

4.85146. 461

26, 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

11 2, 434

1, 956•385

9 333354, 165

31, 478246, 278

5.38046. 839

41, 3424, 775

9,294345, 067

27, 260344, 740

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 t thous. of short tons..Stocks, in storage thous. of short tons..Stocks, in yards of dealers, end of month

no. of days' supplyBituminous:

Consumption:Coke plants thous of short tonsElectric power plants f

thous. of short tons..Railroads thous. of short tonsVessels, bunker -.thous. of long tons..

Exports thous. of long tonsPrice, 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 f thous. of short tonsByproduct t thous. of short tons..Petroleum thous of short tons

Stocks, end of month:Byproduct plants thous. of short tons..Petroleum, refinery _ thous. of short tons

PETBOLEUM AND PRODUCTS

Crude petroleum:Consumption (run to stills) thous. of bbL.Imports # thous of bblPrice, Kansas- Oklahoma dol. per bbL.Production f thous. of bbl_.Refinery operations pet. of capacity..Stocks, end of month:

California:Heavy crude and fuel oil. .thous. of bbL.Light erude thous. of bbl_.

East of California, total f thous of bblRefineries | thous. of bbL.Tank 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.

125

12.34

9. 0845,2504,4911,165

4 757

1221,074

8.13

4.179

4.21728,100

52

3.64

513,192

1,948

~~3~442~.940

10, 72311. 542

31

12.25

9.6162,9672,495

435

2,854

2,1954,354

103722

7.17

3.497

3.41622, 488

46

1.75a 50

a 1, 915145

2,9751,176

74, 3402 206.276

84, 74769

95, 32238, 722

297, 16650, 839

246, 327444

1,8672,886

9,6249.133

83

12. 00

9.3413,9283,521

533

53

3,329

2,4824,357

106806

7.18

3.500

3.40025, 320

22,-972

56

1.84

0 530 2, 237

154

2,9471,185

74, 6192,143.315

82, 84172

95, 36737, 537

303, 26050, 220

253, 040372

2,2152,805

8,2229.262

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

0 73o 2, 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. 6484,3983,990

977

4,346

2,8824,746

117953

7.77

3.690

3.72633, 910

30, 582

73

2.91

a 75« 2, 920

112

3,0221,036

79, 1513 673.505

85, 23973

95, 273ft 35, 197ft315 563ft 56, 429^259, 134

643

2,6072,893

10, 14610. 309

125

13.12

9.9624,9934,2221,267

63

4 020

2,6744,759

122976

7.94

3.722

3.82929, 500

34, 095

85

2.63

a 63« 2, 708

139

3,080987

75, 3162 069.768

78, 18671

94, 926ft 35, 076

6315 878ft 56, 452

ft259, 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

3.47

a 47a 2, 579

139

3,053891

75, 4611 758.940

76, 01769

92, 507ft 35, 568

6312 815ft 54, 458ft258, 357

1 070

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

0 98« 2, 341

118

3,043760

68, 4611 875.940

69, 75565

90, 242ft 35, 399

&311 758ft 55, 837ft255, 921

992

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

°95* 2, 451

129

2,850727

70, 4402 876.940

72, 06065

87, 826» ft34,104o &312 070ft 57, 048

ft255, 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 Oil.940

71, 97666

86, 869ft 33, 8646311 659ft 55, 458ft256, 201

910

1,9793,114

9,84410. 860

99

13.27

9.8815,9525,198

316

19

3,832

a 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, 812ft 33, 350

&309 864ft 55, 582ft254, 282

810

2,1482,862

9,1999.769

88

13.27

« 9. 8786,4185,356

308

33

4,578

2,8145,759

90490

8.23

3.972

4.21638, 497

28, 371

45

3.43

1502,969

126

1,713565

71, 8072 272.940

75, 54867

81 584ft 34, 0936311 576ft 56, 383

ft 255, 193930

2, 2603,192

10, 26810. 900

71

12.94

9.4594,8374,173

690

44

4,306

2,391

81675

8.18

4.120

4. 23324, 772

27, 720

25

3.59

612,875

101

1, 964553

73, 5639 877.940

75, 79671

78, 965ft 33, 889

ft 312 005ft 55, 482

ft 256, 521914

2,1793,206

9,96211.028

a 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; 1932 final revision of anthracite

and bituminous coal production, p. 42, January 1934; anthracite shipments for 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. Data revised for 1933. Beehive, Jan. 87, Feb. 89, Mar. 99, Apr. 50; byproduct Jan. 1,783, Feb. 1,637,Mar. 1,663, Apr. 1,652. Crude petroleum production, stocks, east of California (total), at refineries and at tank farms and pipe lines, and wells completed, for 1932, p. 56,November 1933.

ft 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 figuresBnd 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.t Price converted to short-ton basis.• Dec. 1 estimate.



1934

May

1933 1 1934


berDecem-

ber January Febru-ary March April

FUELS AND BYPRODUCTS— Continued

PETROLEUM AND PRODUCTS— Con.Refined products:Gas and fuel oils:

Consumption:Electric power plants! thous. of bbl_.Railroads thous. of bblVessels, bunker -thous. of bbl__

Price, fuel oil, Oklahoma, 24-26 refineriesdol. per bbl__

Production:Residual fuel oil*f thous. of bblGas oil and distillate fuels* t

thous. of bblStocks:

Residual fuel oil, east of California*!thous. of bbl

2, 652

.750

Gas oil and distillate fuels, total*thous. of bbl !

Gasoline:Consumption! thous of bblExports 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..

1,643

.150

.048

Production: 1At natural gas plants! thous. of bbl..At refineries! thous. of bbl

Retail distribution (41 States)!mills, of gal

Stocks, end of month:At natural gas plants _ thous. of bblAt refineries!-. thous. of bbl._

Kerosene:Consumption! . thous. of bblExports .thous. of bbL.Price, 150° water white, refinery, Pa.

dol. per gaL.Production thous. of bbl__

648

.047

Stocks end of month thous. of bblLubricating oil:

Consumption! thous. of bblPrice, cylinder oil, refinery, Pa.

dol. per gal.. .219Production thous of bblStocks refinery end of mo thous. of bbl

Other products:Asphalt:

Imporis# thous. of short tonsProduction! .thous. of short tons .

1

Stocks, refinery, end of monththous. of short tons.. _ .. .

Coke. (See Coke.)Wax:

Production thous. of IbStocks, refinery, end of mo thous. of Ib

7202,9482,726

.325

20, 010

6, 108

17, 763

12, 890

33, 9991,955

.145

.026

.108

2,77634,611

970

92633, 757

3,005598

.0454,1465,761

1,624

.1342,1148,167

2229

298

40, 600124, 770

8922,9263,179

.356

20, 556

6,271

17, 374

14, 980

37, 7102, 154

.149

.037

.131

2,66935, 428

1,075

87330, 582

3,115349

.0444,1266,404

1,646

.1491,8467,734

1247

288

38, 640112,614

1,0312,8912,896

.415

21, 572

7,295

17, 941

17, 760

34, 4583, 029

.165

.048

.135

2,76936, 576

1,005

95030, 142

2,041846

.0444,2727,785

1,630

.1691,9657,199

265

278

36, 12098, 536

9792,8173,070

.444

21, 049

6,143

< 19, 097

18, 948

37, 4261,550

.165

.041

.140

2,82436, 524

1,085

84729, 038

2,799620

.0444,1098,445

1,535

.1792,0197,226

2247

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

0218

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

3,7261,045

.0534,0057,217

1,538

.1902,3757,075

1156

259

43, 68072, 751

9543,1182,705

.663

18, 962

7,252

« 17, 660

' 16,212

28, 7871,452

.177

.050

3,00531, 685

841

'992' 34, 760

4,143851

.0524,289

« 6, 557

1,667

.1902,212

« 7, 030

4151

255

41, 72068, 833

9103, 1662,646

.690

19, 847

7,691

16, 134

14, 136

29, 4161,797

.165

.048

3.02433, 462

852

99237, 774

4, 245576

.0484,5076,228

1,440

.2082,1987,020

3145

304

46, 48078, 934

8752,8902,399

.750

18, 183

7,155

14, 233

12, 322

25, 048

.166

.048

2,79530, 472

788

97941,852

4,154716

.0453,9615,299

1,302

.2201,8657,120

1106

331

39. 20083, 791

8283,2502, 782

.738

20, 539

8,004

14, 044

10, 658

30, 5232, 235

. 158

.044

3,01932, 705

940

1. 02242, 578

4, 218657

.0484, 5764, 986

1, 643

. 2202,1526, 837

0156

371

43, 12086, 644

76G

2,457

.750

19, 344

7, 563

15,673

11,403

32, 7352,436

.145

.045

2,92634, 097

1, 27640, 914

3,6541,148

.0484,6474,822

1,651

.2202,3226,796

3205

378

39, 48091, 673

LEATHER AND PRODUCTS

HIDES AND SKINSmports, total hides and skins!#_thous. of lb_.

Calf and kip skins thous of IbCattle hides thous. of l b _ _Goat skins thous. of IbSheep and lamb skins thous. of Ib

Livestock, inspected slaughter:Calves thous. of animalsCattle thous. of animalsHogs thous of animalsSheep thous. of animals

Prices, wholesale:Packers, heavy native steers, Chicago

dol. per lb._Calfskins, no. 1 country, Chicago

dol. per l b__Exports: LEATHER

Sole leather thous of IbUpper leather! thous. of sq. f t_ .

Production:Calf and kip*._ --thous. of skins..Cattle hides*! thous. of hidesGo^t 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. f t_ .

21, 2352 2595,1847,2174,247

600864

4,2181,244

.104

.116

1864,336

.30

.337

29, 2924,606

10, 4323,7595,909

476717

4,2861,505

.098

.121

1235,192

1,0511,4083, 1213,319

.29

.281

38, 9966 353

14, 8877, 1847,412

441751

4, 6261,490

.122

.153

884,876

1, 3841,4913,9244,012

.34

.314

50, 1036,500

24, 8368,5797,756

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, OH81,609

.132

.174

1246,315

1,1131,4394,0053,239

.39

.349

32, 6454, 192

14, 4507,9014,086

455861

3,0581,668

.103

.158

1135,263

1,1261, 5383,9943,290

.35

.344

21, 5882,405

10, 2275,3192,368

424111

4,5011,356

.103

.156

1136,703

1,0631,6233,7862,630

.31

.337

20, 7662 1047,7626,8372,541

402721

4,5301,390

.099

.167

1166,684

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

17,683 ! 20,7091 580 i 1 8565,837 \ 6,3885 837 ' 7 5Q83,315 ' 3 457

437 I 534733 ' 771

3,433 ' 3 0391, 159 1, 242

. 103 ! . 096

. 137 \ . 121

136 • 2824,859 ; 6,144

879 j 9111,662 ! 1,7384,074 4 3583,558 ! 3,690

.31 j .30

.352 • .347

22, 625j 2217,2659 1193, 124

526749

3 4111, 164

.108

.129

1865,457

9991,6743,9493,791

.30

.343

* 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 1982, 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.

c 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.



1934

May

1933


berDecem-

ber

1934


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 pairs_.Men's thous. of pairs. .Boys' and youths' thous. of pairsWomen's _ . __ ,__thous. of pairs_.Misses' and children's thous. of pairsSlippers, all types _ _ -thous. of pairs _All other footwear thous. of pai rs__

75

5.50

4.15

p4.0033, 674

251 036121, 49489, 382

57

5.50

3.85

3.2732, 9658,3621, 683

11,9503,2483,5254,197

297, 697150, 455147, 242

63

5.50

3.85

3.3534, 8619,0401,932

12, 0613,2264,3404,262

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

74

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

4.00° 33, 3570 8, 6690 1, 503

° 14, 0060 3, 6860 3, 5650 3, 927

76

5.55

4. 15

4.00° 33, 308

8,3851,507

12, 8773,2233,4283,889

LUMBER AND MANUFACTURES

LUMBER

Exports, all types * M ft .b.rn__Retail movement:

Retail yards, Ninth Fed. Res. Dist.:Sales M ft.b.mStocks, end of month, __M ft.b.m.

Retail yards, Tenth Fed. Res. Dist.:Sales' . M ft.b.mStocks end of month M f t b m

Flooring

Maple, beech, and birch:Orders:

New M ft b mUnfilled, end of month M ft.b.m

Production M ft.b.m .Shipments M f t b mStocks end of month M ft b.m

Oak:Orders:

New M f t b mUnfilled, end of month M ft.b.m

Production M ft.b.mShipments M ft b mStocks, end of month M ft.b.m

Hardwoods

Hardwoods (Southern and Appalachian dis-tricts) :

Total:Orders:

New mill ft b mUnfilled, end of month mill.ft.b.m._

Production mill ft b mShipments mill.ft.b.m- .Stocks, total, end of month.. .mill. ft. b.m. _

Unsold stocks mill.ft.b.mGum:

Orders, unfilled, end of monthmill.ft.b.m..

Stocks, total, end of month. __mill. ft. b .m__Unsold stocks --mill.ft.b.m..

Oak:Orders, unfilled, end of month

mill.ft.b.m..Stocks, total, end of month, ..mill. ft. b.m_.

Unsold stocks mill.ft.b.m-.Northern hardwoods:

Production M ft.b.m..Shipments . M ft.b.m

SoftwoodsFir, Douglas:

Exports :§Lumber.-. M ft.b.m..Timber . M ft.b.m

Orders:New t _-M ft.b.m..Unfilled, end of month M ft.b.mPrice, wholesale:

No 1 common _ _ dol. per M ft.b.mFlooring, 1x4 , "B" and better

dol. per M ft.b.m. _Production ^ M ft.b.mShiDinents 1 M ft.b.m..

60, 991

6,46763, 800

2,26827, 760

4 4375,9984,4804,512

19, 526

8,64611, 1359,5469 813

62, 635

113241116124

1,8611,621

44427383

95580485

14, 58116, 919

14, 70110, 422

139, 666179, 059

18.00

37.00132, 056106. 988

89, 304

a 5, 2060 55, 033

2,50628 059

3 9425 1411,6502 715

16 129

22 64522 41812, 46414 54948 073

(i)

$0)0)(1)

0)0)(0

0)(00)3,523

16 353

35, 79524 478

229, 196195 175

11 34

22.42137 428149. 962

94, 525

7,51560, 199

2,53428 365

5 1955 5352,8324 384

14 590

13 49917 58115 88817 72337 176

233264135229

1,8261,562

68356288

85538453

5,55326 690

39, 44715 681

247, 549203 680

13 36

24.59175 030197. 860

95, 235

6,68162, 345

2,32629 034

3 4854 9943,7614 326

14 228

9 44513' 92417 69313 67642 806

184240169203

1,7891,548

77427350

83545462

7,38226 280

32, 96823 308

154, 439218 900

16 20

30.81196 070184.879

78, 192

6,49860, 344

2, 12429 208

2 6435 3884 2523 386

17 171

12 85814 56718 44612 79360' 946

128208165158

1, 7891,581

80453373

71554482

11,37621 814

24, 93316 408

122, 656105 645

16 99

32.62188 460184. 431

75, 965

6,86859, 031

2,17529, 1 56

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 980141. 904

80, 469

7,55556, 902

2,43028, 428

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

118, 179116 388

18 39

33.85132, 056119. 522

72, 741

3,87955, 606

2,16828 190

2 4195 8892,3422 300

18, 546

12 26312, 0666,989

10 01763 795

143234131124

1,7841,550

48382334

92570477

10, 67710, 686

20, 37311 602

164, 287120 865

18 27

33.71128 027118. 179

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

44395352

85582496

13, 2989,811

30, 87118, 975

69, 385123, 351

18 50

57.001] 1,0171( >. 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

70, 282

3,07760, 533

1,79227, 493

4,7635 6672,9643,665

18, 666

28 23829, 7887,7378,112

65, 285

124240128116

1,8911,651

46414368

88588500

16, 7331 3, 354

25, 49213, 876

119,970144, 143

19.00

37.00132, 056111.912

83, 453

2,99461, 827

2,05928, 351

6,4387,1674,5964,643

18, 828

68217, 0058,919

13,71162, 532

135239120128

1,8621,623

48425377

90582492

19, 96518, 086

25, 38020, 824

145, 933123, 103

19.00

37.00150, 857131, 161

109, 919

4,44062, 857

2,30028, 052

3,0375,5984,2264,303

19, 195

5,80012, 41510, 3609,476

63, 938

150265135131

1,8561,591

48424376

110578468

17, 22718,204

52, 95625, 256

141, 457152, 648

19.00

37.00152, 648136, 980

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.T Data for June, August, and November 1933 and March 1934 are for 5 weeks; other months, 4 weeks1 Data not computed for May 1933.f Preliminary.



1934

May

1933

May June July August S(feerm- October Novem-

berDecem-

ber

1934


LUMBER AND MANUFACTURES—Continued

LUMBER— ContinuedSoftwoods — Continued

Hemlock, northern:Production _ M ft.b.mShipments M f t b m

Pine, northern:Orders new M ft b mProduction M ft.b mShipments - M ft.b.m

Pine, southern:Exports:

Lumber § M f t b mTimber § M ft.b.m..

Orders:New M ft.b.mUnfilled, end of month . M ft.b.mPrice, flooring dol. per M ft.b.m..

Production M ft.b.mShipments M ft.b.m .

Redwood, California: tOrders:

New . M ft.b.m__Unfilled M ft.b.m

Production M f t b mShipments M ft.b.m..

FURNITUREHousehold:

All districts:Plant operations * percent of normal

Grand Rapids district:Orders:

Canceled percent of new orders ..New no. of days' production

Unfilled, end of 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=100.-Dining-room chairs, set of 6 1926=100.-Kitchen cabinets - 1926 = 100. .Living-room davenports 1926 = 100. _

Steel furniture. (See Iron and Steel Section.)

5, 6588,734

6,9708,9336,000

23, 1138,885

121, 02882, 51437.86

117, 665122, 202

30.0

8.07

7

1627.0

6

73.290.187.579.4

2,35411 440

13 Oil7 035

11,984

24 9797,582

179, 84392, 04918.56

115, 783154, 498

29, 83430, 117

7 49018, 249

37 0

8.08

7

1824.0

6

38, 60842, 895

62.189.574.173.6

4, 16114 447

14 54814 94215 069

21 1884,560

158 83388, 25522.70

120 613159, 210

37, 57239 309

7 01327, 838

42 0

3.511

11

1825.0

6

51, 10944 313

63.689.574. 176.7

2,77014 646

13 59915 33514, 733

29 5329,015

120 35281 03128 57

125 935131, 646

30, 64637 7069 497

3li 843

52 0

3 015

17

2134.0

10

96, 95358 191

66.189.574. 176.7

2,73113 526

9 32316 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 75190 329

23 30626 32522 15424, 481

59 0

14 08

12

2542.0

13

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

9

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 5786, 192

20 4154,516

102 72076, 07438 11

106 01988, 198

13, 93526 85319 93920, 349

31 0

4 010

10

1829.0

6

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 69822 90118, 943

30 0

8 06

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, 222?5 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 48220, 644

30 0

9.55

6

1827.0

7

74.990.187.579.4

METALS AND MANUFACTURES

IRON AND STEELForeign trade, iron and steel:

Exports § - long tons_.Imports *# 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..

Imports# thous. of long tonsReceipts:

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) ̂thous. of long tons..

Iron, Crude, and SemimanufacturedCastings, malleable:*

Orders, new _ short tons__Production short tons

Percent of capacity. .-Shipments 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__Foundry, no. 2, northern (Pitts.)

dol. per long ton._Production thous. of long tons..

241, 75329 465

34.77

114

2,958202

1,468683

2,631

25, 59821, 2184,380

49

32, 63937, 165

42.739, 493

66, 850116

18.0018.94

20.392.043

"122, 952°26 374

28.45

80

1,26621

448353901

28, 31423, 4074,907

2

24, 67124,628

29.023, 077

33, 16063

14.2015.47

16.59887

« 102, 55034 368

28.73

95

1,89439

887343

1,281

27, 47922, 6904,789

6

31, 99731, 118

35.829, 268

51, 67590

15. 0016.02

17.391.265

88,31152 805

29.81

96

2,62681

2,483515

3,431

27, 77222, 9804,792

4

28, 45830, 865

36.329, 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

4

28, 32331,811

36.630, 195

56, 07098

16.2017.16

18.591.833

«108, 79955 706

31.30

100

2,102136

4,2051,2005,504

33, 44928, 4155,034

23

22, 74427, 078

31.625, 402

48, 21589

17.0017.87

19.391,522

164, 75546 673

31.59

107

1,898151

3,4211,1204,543

36, 34531, 0445,301

19

19, 93324, 381

28.420, 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, 944

25.019, 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, 870

25.622, 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, 417

35.826, 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, 939

40.131,412

46, 26089

17.0017.94

19.391,264

261, 26938 393

32.40

99

2,19079

000

29, 04124 0604,981

8

42, 96143 438

49.941 530

53, 72096

17.0017. 94

19. 391,620

201, 53926 862

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

* 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 steel, of the June 1933 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.11mports from Cuba not included.# See footnote on p. 35 of this issue.0 Revised.



1934

May

1933

May June July AugustSter October Noveem- D^m-

1934

January F^5TU" March Aprilary

METALS AND MANUFACTURES— Continued

IRON AND STEEL-ContinuedIron, Manufactured Products

Cast-iron boilers and radiators:Boilers, gas-fired:

Production __thous. of B.t.u..Shipments, quantity thous. of B.t.u_.Shipments, value dollars--Stocks, end of month thous. of B.t.u._

Boilers, range: tOrders:

New number of boilersUnfilled, 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 Ib..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: fProduction number of pieces _ _Shipments number of piecesStocks, 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 dollarsSigns - _ dollars. .Table tops.. _ dollars--

Shipments, total _ dollars. .Signs _ dollars. _Table tops - -dollars. .

Porcelain plumbing fixtures:Orders:

New, net number of pieces ._Unfilled, end of month .number of pieces. .

Shipments - number of pieces _Stocks, end of month .number of pieces. .

Vitreous-china plumbing fixtures:Orders:

New, net number of piecesUnfilled, end of month. number of pieces. .

Shipments number of pieces _Stocks, 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 tonsPercent 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 Ib..Steel scrap (Chicago) dol. per gross ton—

U.S. Steel Corporation:Earnings, net thous. of dolShipments, finished products * long tons..

35, 683

11,338

8,688

2,65041, 02141, 35834, 128

4,1332,659

43, 585

15, 0148,332

118,411

3,9692,630

32, 775

45

95

233, 176219 629383, 646

216. 88

899, 506343, 340112, 965842, 156302, 888110,862

1,8225, 2772,354

10, 422

116 52387, 095

109, 878693, 986

30, 809

3 39758

.0253

29.00

.018510.95

745, 054

70, 26588, 44453, 934

549, 059

99, 648

36, 799

35, 160

1,63970, 72572, 01232, 270

3,2422,403

26, 063

12, 1406,412

111, 099

2,9194,191

2,1402 827

3,7542,133

33, 512

68

241

186, 896191 857382^ 858

183 93

493 892217 81391,861

504, 576216, 901106 946

3 0413,4302 381

11 345

296 264307, 118187 933340, 218

23, 132

20, 7823,642

1419, 0723 470

13

2 00234

.0208

26.00

.01608.45

455, 302

44, 30866, 75749, 170518, 384

62, 199

25, 793

22, 708

3,08572, 57073, 20531, 635

3,8704,15926, 124

13, 53910, 828116,938

4,7065,464

3,6073,765

4,1383,346

35, 626

95

160

176, 775183, 550379, 683

197. 50

653, 402210, 228191, 979556, 300209, 375116, 676

3,2464,3622,19711, 184

207, 230319, 503194, 845315, 371

32, 774

32, 0266,' 828

2227,3004,167

19

2,59846

.0209

26.00

.01608.91

4,882603, 937

43, 85770, 78758, 252495, 150

50, 300

25, 699

22, 245

3,45454, 42750, 39435, 668

4,1683,95428, 335

14, 84812, 124122, 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

3,2454,5372,93310, 635

133, 608241, 362211, 749311, 183

36, 538

29, 5057,' 562

2029, 2406,304

20

3,20459

.0217

26.00

.016010.41

701, 322

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, 526244, 588

4,2405,4813,2119,716

180, 379231, 818189, 923325, 530

46, 312

28, 9627̂ 976

2031, 1576,767

21

2,90149

.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

4,3265,173

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, 7406̂ 240

1625, 5585,025

17

2,31341

.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

2,11237

.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

1,54127

.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, 6094,912

15

1,82033

.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

1,99734

.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

2,21243

.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, 725683, 797

27, 838

2,79748

.0231

26.00

.017012.13

6,579588, 209

39, 326fc*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

2,93654

.0240

26.75

.017011.75

643, 009

* 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 issue.Earlier 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. Earlier data on range boilers are on p. 20.§ Series revised for 1932. For revisions, see p. 46 of the July 1933 issue.



1934

May

1933


1934

|

Dbeerm" ^nuaryFebru-

ary March April

METALS AND MANUFACTURES—Continued

IRON AND STEEL— Continued

Steel: Manufactured Products

Barrels, steel:Orders, unfilled, end of month number--Production _ _ _ .number--

Percent of capacityShipments number--Stocks, end of month number. .

Boilers, steel, new orders:Area thous of sq ftQuantity ...number of boilers-..

Furniture, steel:Business group:

Orders:New thous of dolUnfilled, 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 dol..Plate, fabricated steel, new orders, total

short tons..Oil storage tanks ..short tons..

Sheets, black, blue, galvanized, and full fin-ished:

Orders:New short tonsUnfilled, end of month short tons

Production, total short tonsPercent of capacity

Shipments short tons..Stocks, end of month, total short tons

Unsold stocks short tons..Tin and terne plate:*

Production _ thous. of long tonsTrack work, production - short tons_.

M ACHINERY AND APPARATUS

Air-conditioning equipment:Orders, new, total thous. of dol..

Air-washer group thous. of doL.Fan group . thous. of dolUnit-heater group thous. of dol..

Electric overhead cranes:Orders:

New -thous. of do!..Unfilled, 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 burnersUnfilled, end of month. _no. of burners. .

Shipments no. of burnersStocks, end of month no. of burners..

Pulverized fuel equipment:Orders, new, storage system:

Furnaces and kilns. ..no. of pulverizers. .Water-tube boilers. _ .no. of pulverizers ..

Orders, new, unit system:Fire-tube boilers no. of pulverizers ._Furnaces and kilns.. _no. of pulverizers..Water-tube boilers no. of pulverizers..

Stokers, mechanical, new orders:Class 1, residential* numberClass 2, apartment and small commercial*

numberClass 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

Shipments 1922-24=100-.

865, 012431, 567

34 3426 17535, 633

277304

1 039975

1,011

343301288

159160161238

21, 6998,746

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

614, 214465, 418

33.9467, 695

21, 773

396328

544406512

«174°176"168

10019089

114

16, 2432,858

144 192136 592139 696

43 1119 15998 99151, 295

1451 768

580106308167

3322833

25.616.824.5

4 9611,1834 6829, 642

00

113

357

19

42

9323 212

15.333

641, 441572, 851

42.0568, 437

26, 187

550511

686456636

178182166

118203105168

37, 02020 894

246 737229 436166 272

51 2152 953104 35550, 067

1942 471

802111491200

8126544

45.524.837.4

6 9272^3265 7848,946

00

45

11

490

18

49

18732 723

22.14031

647, 924555, 404

41.0552, 923

28, 668

611498

607541523

180206156

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

83

81

17041 249

29.95936

534, 549480, 670

35.5470, 63238, 706

994511

837684693

194222179

120225107152

16, 3202 581

158 830212' 879203 893

62 8174 480115 87651, 293

2003 425

91382

431399

43319

66

56.335.349.7

13 5184,950

12 08711,014

04

33

11

1 199

98

136

21340 644

31.87439

539, 846519, 191

38.3524, 71933, 178

428447

869819734

142200164

93192126122

16, 1661,033

145 320194 223180 304

55 5163, 634115 18353, 617

1953,845

87394

491287

7730393

34.932.041.5

15 2454,574

15 62112, 238

00

22

23

2 102

188

142

17629 042

30.98643

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

208

209

16225, 464

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

45.911663

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

60.017869

527, 377662, 293

48.8660, 68838, 479

236249

1 059781997

260276215

131156126190

15, 8973,754

909 463166 182163 622

50 4130, 878106 31054, 922

852,811

62957

307265

3826054

37.233.833.4

3,2341,4763,259

14, 882

00

004

53.720763

500, 355521, 950

38.6520, 987

39, 442

227212

1 023910894

274272279

143174126174

14, 6,412,476

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

398272395

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

I5

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

a 1606 132

1 097261533303

12352280

67.963.055.5

7,4792,4866,645

13, 627

02

I12

46.5

0 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 this issue for new

machine tools (including forging equipment). Current oil-burner series available only back to January 1933 are based on reports from 149 concerns: see p. 48May 1934 issue for January, February, and March 1934 data.

ordersof the



1934

May

1933


berDecem-

ber

1934


METALS AND MANUFACTURES—Continued

MACHINERY AND APPARATUS-Con.

Pumps:Domestic, water, shipments:

Pitcher, hand, and windmill units..Power, horizontal type .. units..

Measuring and dispensing, shipments:Gasoline:

Hand operated units..Power . units

Oil, grease, and other:Hand operated .. unitsPower . - units

Steam, power, and centrifugal:Orders:

New... . .. _ thous. of dol .Unfilled, end of month thous. of dol

Shipments thous. of dolWater-softening apparatus, shipments, .units ..Water systems, shipments unitsWoodworking machinery:

Orders:Canceled _ . thous. of dolNew. .thous. of doL.Unfilled, end of month thous. of dol._

Shipments:Quantity machines..Value -- - thous. of dol

NONFERROUS METALS ANDPRODUCTS

MetalsAluminum:

Imports, bauxite # ... long tonsWholesale prices:

No. 1, virgin, 98-99, N.Y dol. per lb._Scrap, cast, N.Y dol. perlb..

Babbitt metal:Production, total.-. thous. of lb_.

For own use. -thous. of lb_.Sales - thous. of Ib

Copper:Exports, refined §. short tons..Imports, total § #._ short tons..

Ore and blister short tons. .Price, 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 tons..Price, pig, desilverized, N.Y. ..dol. per Re-production short tonsShipments, reported short tons_.Stocks, end of month short tons

Silver. (See Finance.)Tin:

Consumption in manufacture of tin andterneplate* longtons

Deliveries long tonsImports, bars, blocks, etc. # long tonsPrice, Straits, N.Y_ dol. per Ib .Stocks, end of month:

World, visible supplv -long tons .United States long tons

Zinc:Ore, Joplin district:

Shipments . .. short tonsStocks, end of month short tons

Price, slab, prime, western (St. Louis)dol. per l b _ _

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..

Electrical Equipment

Conduit, nonmetallic, shipments thous. of ftDelinquent accounts, electrical trade. (See

Domestic trade.)Furnaces, electric, new orders kilowatts ._Electrical goods, new orders t (quarterly)

thous. of dol. .Laminated 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 .

29, 848777

6923,327

6,960608

665

--------

16, 685

.2095

.1106

2,426536

1,890

22, 30615, 24715,011.0828

3,390

1,537.0414

34, 74129, 485

233, 342

4,4103,932.5352

17, 3715,089

25, 30017, 922

.043530, 99227, 19335, 63535, 635

104, 732

1,046

760, 788

63147

30, 755497

2,4506,089

32, 849497

5111,126

474215

5,605

3272290

149191

18, 345

.2290

.0548

2, 111325

1,786

10, 97611, 1209,889,0670

17, 6732,772

20.0365

19, 40528, 197

197, 109

2,2604,8355,725.3591

41, 8833,036

13, 86918, 108

.038121,51623, 56927, 32927, 329

135, 551

2, 303

688

560, 582

4276

231, 210158, 094

157

39, 291578

2,0386,940

25, 024501

7361,261

597232

6,358

8389341

275318

12, 944

.2290

.0675

2,328450

1,878

12, 57512, 30510, 445.0777

17, 5023,807

518.0417

21, 78334, 825

193, 005

3,0206,1456,839. 4421

39, 9643,474

20, 45615, 232

.043523, 98724, 40436, 64736, 603

122, 891

2,609

1,357

79, 856

622, 979

12290

213, 167265, 054

204

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

3,1108,0209,177.4474

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

7711,775609

6309306

238337

16, 262

.2290

.0738

2,419615

1,804

12,12717, 40317,343.0875

26,3695,333

65.045028,02129,129166,201

3,0305,1055,885.4665

30,1626,003

28, 95214, 064

.047033, 27925, 41634, 27934, 27998, 264

1,293

1,452

24, 468505

3791,751

7,889916

6381,798608227

4,378

8240262

202273

21, 636

.2290

. 0738

2,091536

1,555

10, 7338,1648,164.0795

29, 8473,495

645.043135, 39933, 314174, 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

6071,714687200

3,045

26214256

131192

13, 633

.2290

.0738

1,964357

1,606

13, 10815, 33815, 334.0788

28, 9412,224

933.042938, 45930, 719187, 814

2,8803,3503,335.5307

26, 0756,769

19, 08315,514

.045232, 58228, 14226, 78326, 783101, 223

1,252

981

493, 125

107100

295, 298283,037

i 191

* New series.• Revised.t Revised series.

For earlier data, see p. 20 of the December 1932 issue.

For earlier data see p. 19 of the August 1933 issue.

585,454

136106

255,170253,015

§ Data for 1932 revised. For revisions see p. 48 of the June 1933 issue.# See footnote on p. 35 of this issue.

17, 539395

2621,356

3,003342

5451,526704196

2,631

8209215

143243

7,958

.2290

.0788

1, 459416

1,043

16, 18718, 29018, 287.0789

27, 4711, 590

1,732.041436, 64926, 034203, 061

2,7103,1304,425.5287

23, 8127,504

28, 25512, 000

.044632, 02227, 19027, 68527, 663105, 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

826.040034, 81833,911207, 674

1,3203, 310

0.5188

22, 4768,209

20, 80219, 428

.042732, 95428, 74426, 53226, 488111,982

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

0.040031, 88225, 778216,224

1,5702,9401,944.5162

21,6947,014

21,60014, 778

.043830, 17230, 76332, 36132, 361109, 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

1,928.040031, 37930, 365221, 465

2,5403,8353,569.5374

20, 4236,459

26, 48717, 221

.043733, 72126, 95232, 75332, 750110, 761

1,111

1,462

92, 134

844, 449

78158

274, 937337, 280

192

26, 887553

"685«2,745

°6,678613

654

256263

143247

10, 576

.2095

.1069

2,528564

1,964

24, 92513, 72413, 418.0817

24,0052,933

955.041828, 72330, 673222, 892

2,4804,4053,307,5560

17, 7045,649

25, 68916, 562

.043730, 56226, 69231, 94831, 948109, 375

1,488

1,415

780, 160

78111

287, 031245, 784

197



1934 J 1933

May j May June July August SeP£m- October

1934

Novem-pecen, ,„ Febru-ary March April

METALS AND MANUFACTURES— Continued

NONFERROUS METALS ANDPRODUCTS— Continued

Electrical Equipment— ContinuedPorcelain, electrical, shipments:

Special .- - . _ _ dollarsStandard dollars

Power cables, shipments thous. of f t _ _Power switching equipment, new orders:

Indoor dollarsOutdoor . . - 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..

MisceUaneous 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. ft..New thous of sq. ftUnfilled, end of month thous. of sq. ft..

Production ...thous. of sq. f t _ _Shipments thous. of sq. ft..Stocks, end of month thous. of sq. ft..

Fire-extinguishing equipment. (See auto-mobiles.)

42, 30722, 169

312

57,641

65,21321,738

1,912432

788,911.143

51279622350325814

34, 81321, 181

246

23, 16135, 936

32, 142

41, 66112, 160

1,357285

294

3,80416, 712

1,007,966.122

543642406294305829

43, 73345, 781

412

23, 50650, 527

38, 970

44, 53111, 742

1, 964404

0156

4, 97316, 568

1,291,994.133

510484648458457802

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

28949 i729444492682

53, 04637, 186

313

27,91181, 835

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

895, 863.148

107316603459489636

51,73623, 738

312

27, 17838, 321

47, 770

62, 00013, 856

1,798353

9176

2,68313, 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

43, 43322, 403

390

33, 90392, 297

48, 456

78, 47523,461

1,908387

2335

40, 37427, 666

321

35, 47586, 788

52, 453

65, 58618,759

1,767357

g332

660, 820.138

76307451324311714

799, 592.138

63691798430384748

704, 816.140

56314745418378788

PAPER AND PRINTING

Chemical: WOOD ™LP !Consumption and shipments, total f

short tonsSoda short tons

Sulphite, total _ short tons 1Bleached _ .short tonsUnbleached short tons

Sulphate -_. _ .. .short tons iImports t # short tons..Price, wholesale, sulphite, unbleached

dol. per lOOlb..Production, total f _ short tons

125, 486

2.10

Soda short tons 1Sulphite, 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: PAPEK

Production | short tonsShipments f short tons

Book paper:Orders, new:

Coated percent of normal production..Uncoated__ percent of normal production--

Orders, unfilled:Coated number of days' production..Uncoated number of days' production. _

Production t - short tonsPercent of capacity

Shipments t short tonsNewsprint:

Canada:Exports short tons.-Production _ .short tonsShipments from mills.. short tons..Stocks, at mills, end of month. .short tons..

United States:Consumption by publishers short tons..Imports # short tonsPrice, rolls, contract, destination, N.Y.

bases dol. per short ton..Production, total short tonsShipments from mills short tonsStocks, end of month:

At mills short tons. _At publishers short tons..In transit to publishers short tons..

17, 555

5961

54

222,071242, 539236, 96942, 459

204,036

40.0089, 72690, 951

20, 337

223, 87126, 76497, 92452, 94744, 97799, 18382, 176

1.53241, 28428, 592

115,64449, 62266, 02297, 048

106, 39318, 084

113,789

710, 423697, 481

5360

56

79, 79955

64, 797

168, 719«170, 690"164,434o 43, 327

160, 773157,314

40.00° 79, 9910 77, 671

a 34. 477137,45124. 290

235, 82031,918

100, 03557, 38342, 652

103, 867137, 208

1.55248, 53531, 508

111,14854, 23756,911

105, 879

127, 74918, 684

125, 737

882, 575901, 733

56- 73

610

89, 65963

87, 687

152,152171,630171,88943, 068

130, 879142, 700

40.0081, 93984, 970

21, 964135, 34224.051

271, 53331,428

120, 66579, 94240, 723

119,440178, 577

1.64269, 166

30, 365120, 30981,07739, 232

118, 492

113,21523,612

105, 316

923, 842941, 341

5259

68

92, 060

97, 860

167,303180, 387181,65841, 963

132, 482163, 433

40.0079, 61882, 145

19, 378157, 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

1098, 842

98, 644

165, 880198, 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

1 00, 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, 968

103, 274

797, 014789, 048

5358

66

90, 708

89, 710

171, 947188, 827187, 73438, 415

152, 098175,711

40.0082, 05281, 580

18, 991178, 15936, 679

267, 38328, 081

144, 47254, 41290, 06094, 830

218, 833

1.95275, 405

28, 831149, 80957, 15592, 65496, 765

108, 45625, 912

108, 024

785, 374754, 153

5263

5

90, 534

88, 271

162, 293204, 136211,52030, 858

154, 934176, 766

40.0087, 56786, 829

19, 676184, 87540, 746

278,551 I !

33 897 ' i ; '153, 57965, 05088, 52991,075

158, 743

1.95275, 700

34, 448151,43464, 72886, 70889, 818

105, 10115, 943

107, 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

j

139, 835

2.10

144, 133

2.10

109, 405

2.10

14, 713

5154

65

!II, 408 9, 239

|

57 6761 j 64

5 65 5

187, 821188, 381186, 80534, 711

140, 955168, 752

40.0084, 89784, 629

17, 784208, 89534, 737

131,919174, 447169, 05440, 445

153, 958124, 584

40.0071, 54468, 127

22, 060192, 80838, 345

239, 443211,819207, 90642, 973

156, 721168, 839

40.0084, 98688, 078

18, 630192, 33545, 749

77, 150

2.10

14, 243

6363

65

157, 031« 216, 5100 220, 769

37, 247

160, 815196, 490

40.000 80, 505a 83, 196

22, 335202, 46743, 432

a Revised.* New series. Data on vacuum cleaners, hand type, will be shown in a subsequent 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.



1934 j 1933

May 1 May June July August STerm~!0ctoHN°bVerm"Decem-

ber

1934


PAPER AND PRINTING— Continued

PAPER— ContinuedPaper board: *

Production Short tons _Shipments short tons

Box board: §Consumption, waste paper short tons..Orders:

New short tonsUnfilled, end of month short tons

Production. short tonsOperations, percent of capacity .Shipments short tons..Stocks, end of month ..short tons..Stocks of waste paper, end of month:

At mills . _ . short tonsIn transit and unshipped purchases

short tons..Writing (fine) paper: !

Production . . short tonsPercent of capacity __

Shipments! short tons _Wrapping paper:

Production! short tonsPercent of capacity . _ I

Shipments! short tons..!All other grades:

Production!. .. _ _ _ . _ short tons iShipments! short tons..

PAPER PRODUCTSAbrasive paper and cloth, shipments:

Domestic . reamsForeign.. _ reams

Paper board shipping boxes:Operating time, total percent of normal

Corrugated percent of normal-.Solid fiber percent of normal

Production, total thous. of sq. ft..Corrugated ...thous. of sq. ft-.Solid fiber. thous. of sq. ft..

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 books..Shipments thous. of books

58, 12111, 854

72, 167

11, 65011,395

322, 108327, 906

213, 697

294, 46076, 719

287, 03268.7

221, 61276, 953

92, 201

31, 631

42, 82063

39, 737

123, 55683

125,409

62, 06861, 882

53, 1877,675

808660

565, 471463, 567101, 904

59, 2265304775367

10, 3809,572

382, 002390, 788

203, 804

349, 650144, 307292, 967

76.2260, 10166, 932

81, 531

25, 737

52, 55279

50, 292

149, 52499

163, 579

122, 264119, 696

60, 5498,984

889372

626, 415499, 226127, 189

82, 1565114169563

12, 93411, 162

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, 09966055410683

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, 2445724918164

13, 38411,950

349, 903349, 553

187, 837

238, 771105, 423252, 452

70.7226, 33665, 110

105, 471

20, 245

42, 76776

41, 441

140, 33498

136, 828

143, 470147, 918

61, 6566,699

818764

566, 267452, 869113, 398

60, 009S2469912563

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, 557* 77, 825

176, 761

27, 679

41,3119,450

176,422

234,31875, 143223,368

63.5192,685

» 75, 637

193,321

36, 865

"222, 074

264, 98586, 033

254, 81964.1

221, 1140 84, 326

"204, 259

31, 298

191, 545

230, 75476, 578

244, 33466.1

213, 95682, 355

213, 308

28, 443

46, 23510, 947

56,81115, 322

1

57, 0977,312

62, 642470393

7772

9,43011,219

60, 78963053991

9,7339,932

72, 204806877129

76

12, 13510, 953

70, 2095854919476

9,78210, 855

RUBBER AND RUBBER PRODUCTS

CRUDE AND SCRAP RUBBERCrude:

Consumption, total long tonsFor tires t . _ long tons

Imports, total, including latex ! #.long tons_.Price, wholesale, smoked sheets, N.Y.

dol. per lb..Shipments, world . Ion*7 tonsStocks, world, end of month f long tons..

Afloat, total long tonsFor United States _. _ _ long tons

London and Liverpool long tons .British Malaya long tons..United States! lonf tons

Reclaimed rubber:Consumption long tonsProduction _ . _ long tonsStocks end of month long tons

Scrap rubber:Consumption by reclaimers long tons..

TIRES AND TUBES JPneumatic casings:

Production thousands ._Shioments, total thousands

Domestic - thousandsStocks, end of month thousands. .

Solid and cushion tires:Production thousandsShipments, total thousands. .

Domestic thousands..Stocks, 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._

39, 571

49, 901

.13385, 000

660, 094112, 40172, 40196, 21496, 971

354, 909

7,98010, 84819, 454

P 4, 309p 5, 145P5,028

P 10, 784

*19

~"V33~

* 4, 203P 4, 716P 4, 627p 9, 725

38, 78522, 33726, 736

.04957, 000

620, 58681, 17754, 17798. 60970, 489

370, 311

5,7507,8649,065

4,1514,1444,0775,408

999

21

3,7603,5713, 5305, 105

16, 778

44, 65426, 07523, 504

.06162, 000

632, 565106, 51079, 510

102,51182, 331

341,213

7,1599, 9568,733

27, 800

4,8805,0444,3205,292

15151420

4,3584,6224,5754,878

19, 553

43, 66024, 75145, 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, 09721, 77245, 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, 04717,17346, 255

.07374, 000

619, 01997, 46871, 56895, 02285, 207

341,322

5,8189,809

10, 473

37, 638

3,1992,8032.7146,078

15141324

3,0702,7782,7195,607

13, 592

27, 75815, 27446, 034

.07684, 000

628, 127101, 53073, 21089, 76681, 758

352, 782

5,3378,898

11,713

2,7432,0301,9436,789

12111126

2,8052,1412,0796,265

11,116

25, 37113, 43641,821

.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, 30613, 37640, 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, 15923, 14449, 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

18, 721

43, 32928, 29242, 253

.10983, 000

653, 000105, 40368, 40394, 33796, 499

355, 254

8, 32810, 79018, 333

5,0254,0963,966

11, 301

15151428

5 0393,9953, 9069, 937

20, 927

40, 90226, 81345, 175

.12684, 000

« 653, 353* 108, 314

70, 31496, 134

« 97, 146« 351, 759

7,69710, 18518, 508

4, 6274,3054,212

11,621

16141330

4,5934,2124,141

10, 267

19, 3710 Revised.t Revised series. For earlier data see pp. 19 and 20 of the December 1933 issue for writing, wrapping, and other grades of paper; for 1932 revisions, p. 50 of the June 1933

issue for crude rubber imports; and for 1932 revisions, p. 50 of the May 1933 issue for world and United States stocks.§ 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.JT See footnote on p. 35 of this issue.* New series. See p. 19 of the December 1933 issue.•p Preliminary.


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

May

1933

May June July August Septem-ber October N<g2T »™™~

1934


RUBBER AND RUBBER PRODUCTS—Continued


Rubber bands, shipments thous. of lb-_Rubber clothing, calendered:

Orders, net number of coats and sundriesProduction 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 pairsTennis -thous. of pairs..Waterproof thous of pairs

Shipments, domestic, total thous of pairsTennis thous of pairsWaterproof thous. of pairs .

Stocks, total, end of month-.thous. of pairs.-Tennis thous of pairsWaterproof thous of pairs

Rubber heels:Production thous. of pairs..Shipments, total* thous. of pairs..

Export thous of pairsRepair trade thous of pairsShoe manufactures thous. of pairs _ _ _ _

Stocks, end of month thous of pairsRubber soles:

Production. thous. of pairsShipments, total* thous. of pairs

Export - - -thous. of pairsRepair trade... thous. of pairsShoe manufactures thous. of pairs

Stocks, end of month thous of pairsMechanical rubber goods, shipments:

Total thous. of dolBelting thous. of dolHose. thous. of dol.JOther thous. of dol.J

i

247

9,80819, 392

4,891467

2,321365

3,8602,7941,0664,2123,516

6964,1493,470

67914, 1105,4138,697

19, 42720, 484

1826,883

13, 41922, 688

5,2095,482

1335

5,1463,006

2,847521

1,0671,259

313

11, 75635, 873

6,139603

3,195310

3,7322,1531,5793,9253,085

8403,8573,025

83313, 9224,4859,437

23, 47927, 717

2847,155

20, 27818, 402

6,0946,786

5395

6,3862,228

3,924865

1, 4711,588

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

3281

3,5183,645

3,675882

1,2081,587

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

3281

4,2444,281

2,848627

1,0151,206

303 220

13, 811 15, 24621, 777 20, 062

2, 488 3, 194257 301939 1, 429273 393

14, 82613, 463

4322,833

10, 19842, 587

5,4995,594

5388

5,2015,090

3,548699

1,2971,552

a 16, 29320, 544

1759,273

11, 09638, 986

5,7115,804

1617

5,1865,010

3,565757

1,1471,660

262

19, 96311, 364

3,575434

1,527490

342

15, 61513, 795

1,670

19, 90319, 294

3476,605

12, 19939, 592

5, 7265,770

3532

5,2354,838

4,510830

1,5002,181

17, 80216, 991

3284,673

11,99139, 961

5,0184,739

5275

4,4594,989

4,379863

1,4982,018

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 brickShipments thous. of brick--Stocks, end of month t 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 brickStocks end of month thous of brick

PORTLAND CEMENT

Price, wholesale, composite dol. per bbL.Production thous. of bbl -

Percent of capacityShipments thous. of bbL_Stocks, finished, end of month, .thous. of bbL.Stocks, clinker, end of month thous. of bbL.

GLASSWARE, ETC.

Glass containers: #Production thous. of gross..

Percent of capacity ._Shipments thous. of gross..Stocks, end of month thous. of gross.

Illuminating glassware:*Orders:

New and contract . - .number of turns _.Unfilled, end of month. .number of turns. .

Production number of turnsShipments:

Total number of turnsPercent of full operation

Stocks, end of month. number of turns..Plate glass, polished, production f

thous. of sq. f t - _

10.50

1.5708, 55437.5

8,78421, 3276,269

3,25256.8

3,1727,545

1,4911,8581,512

1,42755.6

4,735

7,764

9 25

350139169

2,860

1,58058872

6063,877

1.4366,26227.4

6,70920, 1176,769

1,69349. 1

1,9695,036

2,2412,2171,484

1,42250. 1

4,413

7,922

9.25

398157207

2,823

1,31573071

1,2651,936

1.4367,80435.2

7,97919, 9366,840

2,00760.5

2,1294,893

2,1452,3241 670

2 02771 4

4,091

9,499

9.25

408245213

2,797

3,9551,148

15947

2,042

1.5498,609

37.68,697

19, 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, 078

6, 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

1.6033,526

15 53,738

19, 5415,717

1,99762 6

1,8735,238

1 1501,8051 030

1 17141 2

4,286

6,347

9.25

35553

1332,663

100967

16791

2 213

1.6503,779

16 63 778

19^ 5475,919

2,77046 6

2 6627,078

1 4801,8651 460

1 43956 1

4,581

7,607

9.88

6443377

2,532

900359

54366

2 04°

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 10. 50

664 65757 104

136 1492, 483 2, 464

355 705563 437126 29721 i 1 006

1 755 : 1 518

1. 650 l. 5755, 257 6 54423 0 | 29 6

4, 618 i a 6, 49221, 422 i a 21, 5576,318 ; a 6, 565

i2, 920 3, 03249 2 55 1

3, 137 2 9147,480 7 558

1 522 1 1451, 918 1, 7941 763 1 495

1 936 1 25575 4 48 Q

4, 367 4, 615

9,927 ! 8,629a 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 4

months of 1933 amounted to 9,048,882 compared with 6,549,130 for the 31 firms reporting a year ago. The revised shipment figure for March 1933 given in May 1934 issueshould be ignored since it represented the figure for 44 companies.



1934

May

1933

May June July ! August Septem-ber October Novem-

berDecem-

ber

1934


STONE, CLAY, AND GLASS PRODUCTS—Continued

GYPSUM *Crude (quarterly) :

Imports short tonsProduction. _ 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 tonsPlasters, neat, wood fiber, sanded, gaging,

finish, etc . short tonsFor pottery, terra cotta, plate glass, mixing

plants, etc short tonsTile, partition thous ofsq.ft

TERRA COTTA

Orders, new:Quantity short tonsValue thous. of dol__

99695

1,29772

74 240369, 016146 569

297, 033

28, 94567 4383,881

217, 274

24 7951,516

56547•

j

|

I

834 ! 18268 21

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

TEXTILE PRODUCTS

CLOTHINGHosiery: *

Production thous. of dozen pairs .Shipments.- .thous. of dozen pairs ._Stocks, end of month thous. of dozen pairs

Men's and boys' garments cut:Overcoats - thous. of garmentsSeparate trousers _.-thous. of garmentsSuits thous. of garments

COTTONConsumption f - - - thous. of balesExports:

Quantity, exclusive of lintersthous. of bales .-

Value. (See Foreign Trade.)Ginnings (total crop to end of month)

thous. of bales .Imports^ - - - - thous. of balesPrices:

To producer dol. per IbWholesale, 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 balesWarehouses .. 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. per l b _ _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, 64 x 60 . . 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: fActive spindles thousandsActive spindle hours, total, .mills, of hours..

Average per spindle in place hours ..Operations _. percent of capacity _

520

285

15"

110.114

513

7,9921 4216,5717,9595 541

.301

.458

22, 7923,817

.063

.077

25, 8917,279

23598.2

1312, 1061 599

621

592

9

082.086

728

8,7151 3927,3239,0147 042

.216

.306

27, 3844,808

.048

.050

24 6108,329

269112.4

3302,4011 807

697

615

14

087.096

771

7,7081 3986,3108,3416 429

.251

.345

30, 1783,823

.059

.064

25 5509,299

300128.9

10,027

4092,0891,681

601

692

17112

.106

.108

761

7,0851,3485,7377,7135,908

.311

.410

28, 7043,088

.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, 2131,404

.070

.088

.

25, 8857,942

258106.7

9,435

5271,7921,385

499

869

5,851

088.097

2,131

8,5351 1607,3757,9016,385

.339

.505

13, 7972,442

067

.080

26 0027,058

22999.6

8,87014, 591

5531, 7021, 163

504

1,047

10, 36112

.090

.097

3,231

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

90-7

475

915

12, 10813

096.100

2,331

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, 0471,272

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

706

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

117.123

421

10, 2931 6548,6399,2847 025

.322

.479

20, 0714,616

072

.081

132 67889 1925 258

104 920

325, 313104, 949

26 3556,692

216101.5

9,5459,524

16, 518

544

550

12 66019

117.123

593

9,5031 6507' 8538,8686 516

.327

.480

22, 5565, 426

070

.082

163 772117 562

6 41613l' 496

327, 04099, 614

26 5047,720

249102.9

8,8838,435

16, 965

513

387

12

116.119

518

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

* 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.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.# See footnote on p. 35 of this issue.• Stocks at end of 4-week periods.


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

1,r-iday

1934

May May June

1933

July August Se^^m" October Nob̂ .m" Decem-

ber January

19

Febru-ary

34

March > April

TEXTILE PRODUCTS—Continued

RAYON AND SILKRayon:

Imports # thous. of lb._Price, wholesale, 150 denier, "A" grade,

N.Y _dol. per lb._Stocks, imported, end of month.thous. of lb._

Silk:Deliveries (consumption) balesImports, raw # .. thous. of lb__Operations, machinery activity:

Broad looms t percent of capacity.Narrow looms f percent of capacity. .Spinning spindles: *

All twisting spindles percent. .All 5-B spindles percent--

Prices wholesale:Raw, Japanese, 13-15, N. Y dol. per lb__Silk goods, composite dol. per yd_.

Stocks, end of month:World, visible supply bales..United States:

At manufacturers balesAt warehouses - bales

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_.

30

.55

38, 7405,176

31.539.3

1.284.96

21, 67561, 060

28, 2137,458

48

424058

7041

.84

.33

1.634

1.119

1.31

Domestic - - thous. of Ib..Foreign... thous. of lb._


Burlaps and fibers, imports: #Burlaps thous of IbFibers long tons..

Buttons and shells:Buttons:

Import5* total § $ thous of grossFrom Philippines thous. of gross

Fresh- water pearl:Production percent of capacity. .Stocks, 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 dol—Pyroxylin-coated textiles (artificial leather) :

Orders, unfilled, end of mo.thous. linear yd..Pyroxylin spread.. _ thous. of lb._Shipments billed thous. of linear yd. _

34, 40017, 172

12177

57.97,303

414313638

""I," 769"

3,1393, 3503,327

52

.55249

47, 1516,404

366

.60237

53, 6277,732

828

.60287

44, 5978,396

1,126

.65410

42, 8527,828

1.586.95

224, 425

20, 24340, 125

46, 8983,179

107

314666

7772

,63.29

1.395

.780

.9317, 63017, 415

215

30, 19220, 079

9874

51.36,938

567549

1,176\ 8201 3, 327

2,7533, 9203, 760

2.155.98

218, 923

22, 19033, 933

58, 68810, 898

134

445387

10092

.70

.32

1.550

.925

1.0954, 51052, 995

1, 515

34, 25117, 820

8674

54.26,792

172120

1,9831,0933,803

3,7454,4504,202

2.2731.02

243, 529

21, 45851, 684

57, 37731,406

134

465497

10896

.79

.35

1.613

.975

1.1783, 31870, 87612, 442

34, 499j 23, 807

114i 77

49.0i 5, 983

815150

! 3, 236i 1, 301i 3, 892

3, 195; 4, 348i 4, 280

1. 8811.04

264, 130

23, 09255, 515

55, 69440, 060

113

455187

9983

.80

.37

1. 765

1. 065

1.1861, 30345, 59315, 710

50, 20320, 523

9362

56.35,737

779713

3,2641,2705,280

2,7513,6913,889

395

.65398

31, 1857,007

34.833.6

1.8891.04

283, 731

24, 48073,800

50, 46721, 308

108

494873

8269

.82

.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

.65504

28, 5217,029

35.531.1

92

.65507

34, 8225,472

41.634.8

1.6471.04

301, 981

23, 07893, 625

51, 03719, 633

108

494162

6865

.84

.41

1.800

1.125

1.3518, 93115, 2413,690

49, 84821, 806

10274

60.45,827

505365

3,0661, 097

876

2,5562,6972,578

1.4651.04

323, 171

23, 15391, 122

43, 46615, 997

100

463964

6360

.85

.41

1.800

1.125

1.3514, 06811, 0732,995

33,9141 18, 713

! 125| 82

58.81 6, 211! 667i 612

1, 506! 877I 711

! 2, 4772,157

! 2, 024

338

.65506

26, 9594,833

46.229.1

39.234.9

1.4161.04

314, 921

24, 76296, 786

33, 57016, 168

76

352757

5446

.88

.42

1.800

1.125

1.356,1764,8241, 352

31,06122, 195

4539

41.8°7,315

1,057387

1,223709

1,154

2,5992,3512,148

32

.65488

40, 9423,895

52.832.0

56.040.2

1.4531.04

23, 13983, 820

35, 9689,637

74

353467

7052

.88

.42

1.800

1.125

1.35

64 42

.65 .65477 467

39, 021 44, 0804, 279 5, 796

64. 3 62. 337. 0 36. 6

62. 5 59. 752. 0 53. 2

1. 550 1- 4051.04 ' 1.04

22, 41574, 607

34, 34812, 622

65

403969

7648

.88

.42

1.800

1.125

1.35

22, 64062, 828

36, 11916, 975

61

433866

7544

.87

.40

1.763

1. 125

1.35

35, 76828,406

i 15761

! 44.8! 7, 328

274254

1,457! 883

3,515

3,3833,2832,876

26, 34618, 839

7247

46.57,3421,862

5591,291

9893,077

4,2105,2783,812

35, 11323, 059

7847

62.77,1871, 608

657867

1,2043,148

3,8115, 1994,854

14

.55

37, 3924,798

"54.9&35.S

48.645.9

1.3181.01

21, 90261, 083

29, 88913, 567

46

394055

7039

.85

.37

1.650

1.103

1.35

30, 57317, 861

1 5435

61.77,327

345168

1,148956

2,209

3,3464,6814, 023

TRANSPORTATION EQUIPMENT

AIRPLANESProduction total number

Commerical (licensed) number. _Military (deliveries) . . numberFor export ._ .number..

AUTOMOBILES?

Exports:Canada:

Automobiles, assembled _ _ _ .number. _Passenger cars number

United States:Value. (See Foreign Trade.)Automobiles, assembled, total § .number __

Passenger cars § numberTrucks 5 number..

4,2053, 185

24, 67016, 0588,612

122663521

2,6902, 194

7,5385,0932.445

143784817

2,2471,805

7,2354,7572,478

141997

35

1,7311,220

9,1285,5463.582

132811437

1,7141, 233

10, 3086,5163.792

123662136

2,1901 726

10, 9446,3304,614

j

107 i 8166 2928 i 2713 25

2, 868 1, 7502 428 1 228

11, 473 6, 7035, 906 3, 5275. 567 i 3. 176

71302219

1,6251 042

9,5263,0666.460

110 > 7638 i 3257 ! 2415 i 20

2,384 i 3,0261 118 i 2 269

11,258 ! 14,9113,685 ! 8,8727.573 6.039

6°2826

4,920 i 3,9504 161 2 930

11

26,217 | 27,26516, 141 1 16,50310.076 ! 10.756

° Revised.§ 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 Index of sales of new passenger cars is on p. 28.t Compiled by the Silk Code Authority (The National Federation of Textiles, Inc.) and represent the percentage of operations 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.

fc Three weeks ended April 21.* New series. Compiled by Silk Throwing Code Authority; not comparable with spinning data previously shown.



1934

May

1933

May June July August SeP£m- October Novem-ber

Decem-ber

1934

January *'£» March April

TRANSPORTATION EQUIPMENT—Continued

AUTOMOBILES— Continued

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: fShipments:

Motor-vehicle apparatus numberHand types . number

Production:Automobiles:

Canada, total number..Passenger cars number--

United States, total f numberPassenger cars f .number. _Taxicabs f numberTrucks _ . - number

Automobile rims . . thous. of rims. .Registrations:

New passenger cars t - numberNew commercial cars * number..

Sales:General Motors Corporation:

To consumers number..To 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=100Replacement parts Jan 1925=100Service equipment Jan. 1925=100

RAILWAY EQUIPMENT

Equipment condition:Freight cars owned:

Capacity . mills, of IbNumber, total thousands

Bad order, total numberPercent of total in bad order

Locomotives, railway:Owned:

Tractive power mills, of lb__Number _ 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 _ cars

2528, 915

20, 16116, 504

331, 641273, 765

057, 876

1,140

217, 000

95, 253132, 837103, 844

189, 6931,989

301, 36815.4

2,34149, 39511,080

22.837

218

51721, Oil15, 1745, 837

Domestic . . . carsLocomotives, industrial electric (quarterly):

Shipments, total number ^Mining use number, i

Locomotives, railway:Orders, new, placed by railroads.niimber..Orders, unfilled, end of month:

Equipment manufacturers (Census')total. _ _ . . n<umber

Domestic, total number. .Electric .. numberSteam . _ . number

Railroad shops (A.R.A.) number..Shipments:

Domestic, total numberElectric numberSteam number

Exports, total f. _ .numberElectric numberSteam.. _ number

Passenger cars:Orders, new, placed by railroads-.number.-Orders, unfilled (end of quarter). number

13612560650

31310

12111

47

Shipments, total numberDomestic number

ELECTRIC TRUCKS AND TRACTORS

Shipments, industrial, total numberDomestic number. _Exports number..

63603

58, 19337, 47519, 4281,289

55, 006

1816, 401

9, 3968,024

«214, 832"181,927

54* 32, 851

938

160, 24220, 925

85, 96998, 20585, 980

71

6456

11850

197, 6642,088

303, 75814.7

2,41051,65411, 103

21.943

410

81, 205

01,205

33

2

70676611

110550

0

00

22220

65, 51443, 00421, 1821,328

56, 938

2522, 642

7,3236,005

"250, 290"209, 083

35a 41, 172

1,015

174, 19023, 254

101,827113,70199, 956

81

7399

12950

196, 7332,077

316, 10715.4

2,40751,53711, 203

22 2~"S9355

47, 881

5001,205

01,205

2

2626

0

716866

1

000

1174

0700

52520

65, 15343, 33420, 5421,277

57, 866

2119, 495

6,5405,322

"230, 140«192, 894

40 37, 242

890

185, 66030, 642

87, 298106, 91892, 546

76

6883

11947

196, 0592,069

316,43715.4

2,39651,23311, 109

22.1

322

71, 18747, 29122, 5361,360

69, 613

1921, 183

6,0794,919

°233, 825"193, 111

68a 40, 646

961

178, 66128, 807

86, 37297, 61484, 504

80

7199

13456

195, 3802, 060

304, 20214.9

2,39151, 08111,000

21. 973

248

66 ; 1301,187 ! 1,129

0 1 01,187 i 1,129

165 '' 427120 1 392

11 0

80 7977 7775 752 21 1

0 20 10 18 118 80 3

0 0

4 04 0

57 5257 520 0

62, 53940, 88720, 3931,259

51, 127

1718, 348

5,8084,358

"192, 613"158, 678

9" 33, 926

701

157, 97631, 281

71, 45881, 14867, 733

74

6610112048

194, 3872,047

295, 05614.6

2,38250, 78810, 735

21.553

346

47, 232

19275

02754222

3838

1

837978

1

211202

030o

51483

57, 50336, 79019, 6651,048

38, 963

1917, 996

3,6822,723

"134, 956"105, 685

630 39, 208

523

136, 32628, 058

63, 51853, 05441, 982

59

4791

10947

193, 5562,038

295, 08714.7

2,37950, 67710, 963

22.042

162

520127

0127162112

43, 88926, 27816, 741

870

17, 703

1421, 892

2,2911,503

« 61, 031a 41, 066

1,611« 18, 354

506

94, 18018, 691

35, 41710, 3843,483

56

4486

10546

193, 0502,031

295, 78414.8

2,37250, 44610, 824

21.826

261

665125

01256262

83797811

000743

0

1

827977

21

110642

0

0 00 0

57 6057 580 2

33, 12417, 79414, 532

798

16, 573

2725, 356

3,2622,171

*81,1140 50, 621

1,299« 29, 194

627

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

0224

6766

3837

10

74727201

752

1697

0600

67643

34, 43719, 19014, 420

827

35, 879

1921, 204

6,9044,946

°156, 907«113, 331

321« 43, 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

107224822

0

979585101

550743

0

00

46397

45, 37829, 29015, 198

890

61,514

2015, 715

8,5717,101

°231, 707°187, 639

27a 44, 041

1,262

94, 88724, 476

58, 911100, 84882, 222

106

10965

11859

191, 5802,012

295, 58214.9

2,36150, 03411,119

22.675

144

19, 7275,019

0g, 019

2424

20

12011685311

00064

177

2

52493

« 69, 203« 46, 428« 21, 368

« 1, 407

"102, 776

2817, 956

14, 18012, 272

°331, 263«274, 722

160 56, 525

1,652

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

38

87, 92a59, 70526, 6871,532

120, 993-

35.16, 597

18, 363.15, 451

a 354, 745° 289, 030=

1a 65, 714

1, 636

222, 900;38, 882.

106, 349153, 954121, 964

127

13072

14571

0 190, 079*1,994

295, 19115.0

« 2, 345« 49, 573

11,09522.8

46311

75015, 96410, 0005,964

129129

37 1

3

12111786311

110770

859200

7064fi

40

14614288541

«o.a 0

010

3

: ?5

00

72711

a Revised.* New series. For earlier data see p. 20 of the February 1934 issue for shipments, accessories, and parts, and new commercial cars.t Revised series. For earlier data see p. 19 of the August 1933 issue for fire extinguishers and passenger-car registrations; and p. 55 of the June 1933 issue for 1932 exports

of locomotives. Data on automobiles revised for 1933 and 1934. Revisions for January 1933, total, 129,478; passenger cars, 110,180; trucks, 19,293; February 1933, total,-105,933; passenger cars, 90,425; trucks, 15,356; March 1933, total, 115,985; passenger cars, 97,782; trucks, 17,543; April, total, 177,059; passenger cars, 150,515; trucks, 26,133.



1934

May

1933

May June July August § Severn- October Novem-ber

Decem-ber

1934


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 shipsTonnage thous of gross tons

Under construction:Number shipsTonnage thous. of gross tons

11,9589,843

189,4747,246

352,794

35

8378

209732

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

CANADIAN STATISTICS

Business indexes: *Physical volume of business 1926= 100 ..

Industrial production, total 1926=100__Construction f 1926= 100. _Electric power 1926=100-.Manufacturing 1926=100 -

Forestry 1926=100..Mininp- t 1926=100

Distribution 1926=100-.Carloadings . .1926= 100. .Exports (volume) 1926=100..Imports (volume) 1926=100__Trade employment . . 1926=100..

A°Ticultural marketing 1926= 100. _Grain marketings 1926 =100. .Livestock marketings 1926= 100..

<Commoditv prices:Cost of living index $ 1926=100..Wholesale price index # 1926= 100. .

Employment, total (first of month) .1926= 100..Construction and maintenance. .. 1926= 100..Manufacturing 1926= 100. .Mining 1926=100Service 1926=100.-Trade 1926=100Transportation 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, total t ... 1926= 100. _

Banks 1926 = 100Industrials 1926=100Utilities _ . . 1926 =100- -

Foreign trade:Exports thous of dolImports thous of dolExports, volume:

Automobiles. (See Transportation Equip.)Newsprint. (See Paper.)Wheat thous. of bu._Wheat flour thous. of bbl

Bailway statistics:Carloadings thous. of cars..Financial results:

Operating revenues thous. of dol. .Operatin^ expenses thous of dolOperating 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 ammals..Swine thous. of animals _.Sheep and lambs thous. of animals ..

Newsprint. (See Paper.)Silver. (See Finance.)

Wheat, visible supply. (See Foodstuffs.)Wheat flour thous. of bbl. _

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

3,129

76, 8226,452

57, 707664

12, 0004.0688.675 2

128.056.7

58, 54352 887

19, 024482

1,83038

71

13326732

76.472.715.1

138.977.475.7

110.886.762.966.654.8

110.395.498.382.5

77.0«66.7

77.660.876.889.999.9

108.678.9

2,65098.1

175

30, 497

11, 173485

7,8152,873

04.7066.165.288.649.5

46, 10932, 927

21, 465565

161

21, 44719, 2981,136

1, 529100

1,3500

23

11627930

1,334

82.279.821.1

149.085.779.2

115.188.966.865.356.7

112.2221.9252.584.8

77.0«67.5

80.767.880.091.4

106.2109 179.0

2,98297. 1

158

32, 398

123, 3881,110

117, 4744,804

04.6577.473 4

107. 156.4

46, 47233 619

16, 999545

176

24, 31020 3443,071

2,133141

1,3711

32

9123556

1,186

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

78.6° 69. 5

87.188.485.297.4

111.8110. 581.2

2, 64995.0

150

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

04.5373.371 7

103.648.5

61, 03541 070

23, 612514

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

78.1"68.9

91.394.686.5

109 7107 9115 681 4

2,83797 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

290

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

04.6681.671 7

118 653 5

47, 11832 391

7,088448

176

21,01119 945

216

1,682109

1,72431

61

9127040

1,043

86.484.034.1

168.983 296.7

117 293 171.463.764 0

116.367 161.194.0

» 79.072 191.498.084 2

109 4108 7111 676 2

2 08996 0

140

3,6340

3,000634

04.6086.576 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 3II9 578 0

2 48990 1

140

26, 059380

22,7002,979

o4.3288.076 9

128 558 8

58, 390a47 519

10, 103493

189

24, 65720 6302,976

1 986127

1,79612

73

10625938

1,064

92.691.428 9

176.787 791 1

160 296 076 069.669 3

117 256 949 390.6

79.671 191.395.888 1

103 3li\ 8116 175 9

2 53687 7

31,96416 28015, 000

6840

4.2090.776 1

133 058. 1

32, 04734 815

3, 568341

177

1,69727

70

11925234

1,089« Revised. d Deficit.

*5J * 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 1934issue, 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 aresult 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.fcT Data revised for 1932 to 1933. Revision for 1932 see p. 55 of the November 1933 issue.

1.1. SOVUNMKNT M I N T I N G OFFICE! 10S4

INDEX TO MONTHLY BUSINESS STATISTICS

PageAbrasive paper and cloth 51Acceptances, bankers' 30Accessories, automobile ^ 55Advertising, magazine, newspaper, radio 25, 26Africa, United States trade with 34, 35Agricultural products, cash income received

from marketings of 23A gricultural wages, loans 30Air-conditioning equipment 47Air mail 26Airplanes 36,54Alcohol, denatured, ethyl, methanol 36, 37Aluminum 48Animal fats, greases 37Anthracite industry 22,29,43Apparel, wearing 29,53Argentina, United States trade with; ex-

change; flaxseed stocks 32,35,38Asia, United States trade with 34, 35Asphalt 44Automobiles 22, 26, 27, 28, 29, 54, 55Babbitt metal - _ _ _ 49Barley 40Bathroom fixtures 47Beef and veal r 41Beverages, fermented malt liquors and dis-

tilled spirits.. 39Bituminous coal 22,28,29,43Boiler and boiler fittings 1 47Bonds, prices, sales, value, yields 33,34Book publication 51Boxes, paper, shipping 51Brass 50Brazil, coffee; exchange; United States trade

with - 32,35,42Brick 52Brokers' loans 31Bronze 50Building contracts awarded 24,25Building costs 25Building materials 24,45,46,47Business activity index (Annalist) 22Business failures __ 31Butter - 39Canadian statistics 56Candy --- 42Canal traffic 36Capital issues 33Carloadings 22,35Cattle and calves 41Cellulose plastic products 38Cement 22, 27, 23, 29, 52Chain-store sales _ 26, 27Cheese 40Chile, exchange; United States trade with_. 32,35Cigars and cigarettes 43Civil-service employees 28Clay products .- 23, 24, 27, 28, 29, 52Clothing 24,25,27,28,29,53Coal 22,28,29,43Cocoa 42Coffee.. -- 23,42Coke - - -- 43Commercial paper 30Communications 36Construction:

Contracts awarded, indexes 24Costs 25Highways 25Wage rates 30

Copper 49Copper wire cloth 50Copra and coconut oil 38Cora - — 40Cost-of-living index 23Cotton, raw and manufactures 23, 53Cottonseed, cake and meal, oil 38Crops 23,38,40,53Dairy products 23,39Debits, bank 31Debt, United States Government 33Delaware, employment, pay rolls 28,30Department-store sales and stocks 27Deposits, bank 30,31Disputes, labor 29Dividend payments 34Douglas fir _ 42Earnings, factory 29,30Eggs --_- 23,41Electrical energy, consumption index 22, 23Electrical equipment 49Electric power, production, sales, revenues._ 22,39Electric railways 35Employment:

Cities and States _. 28Factory __. 27, 28Nonmanufacturing _ _ 28Miscellaneous 28

Emigration 36Enameled ware 47Engineering construction 25England, exchange; United States trade with. 32,35Exchange rates, foreign 32Expenditures, United States Government— 33Explosives _ 37Exports 34,35Factory employment, pay rolls 27,28, 29,30Failures, commercial . 31

PageFairchild retail price index 24Fares, street railways 35Farm employees 28Farm prices, index 23Federal Government, finances 33Federal-aid highways 25,28Federal Reserve banks, condition of 31Federal Reserve member bank statistics 31Fertilizers 37Fire-extinguishing equipment 55Fire losses 25Fish and fish oils 37,42Flaxseed 38Flooring, oak, maple, beech, and birch 45Fiour, wheat 41Food products 22, 23, 27, 28, 29,39,40,41,42Footwear 45,52Foreign trade, indexes, values 34,35Foundry equipment 48France, exchange; United States trade with. 32,35Freight cars (equipment) 27,55Freight carloadings, cars, indexes 35Freight-car surplus 36Fruits 23,40Fuel equipment 48Fuels 43,44Furniture 46, 48Gas, customers, sales, revenues 39Gas and fuel oils 44Gasoline 44General Motors sales 55Glass and glassware 22, 27, 28,29,52Gloves and mittens 44Gold 32Goods in warehouses . 26Grains 23,24,40,41Gypsum 53Hardwoods 45Heels, rubber... 52Hides and skins 44Hogs - 41,44Home Loan Bank, loans outstanding 25Hosiery 53Hotels 28,30,36Housing 23Illinois, employees, factory earnings 28,29,30Imports 34Income-tax receipts 33Incorporations, business 26Industrial production, indexes 22Installment sales, New England 27Insurance, life 32Interest payments 34Interest rates 31Investments, Federal Reserve member banks. 31Iron, ore; crude; manufactures 22,46Italy, exchange; United States trade with 32,35Japan, exchange; United States trade with__ 32,34Kerosene 44Labor turnover, disputes 29Lamb and mutton 42,44Lard 41Lead 49Leather 22, 23, 24, 25, 26, 27, 28, 29, 44Leather, artificial 54Liberty bonds 33Linseed oil, cake, and meal 38Livestock 23,41,42,44Loans, agricultural, brokers', time 30Locomotives 55Looms, woolen, activity 54Lubricating oil 44Lumber 22,23,24,27,28,29,45,46Lumber yards, sales, stocks 45Machine activity, cotton, silk, wool 53, 54Machine tools, orders, shipments 48Machinery _ _ 26, 27, 28, 29,35, 48,49Magazine advertising „ _ _ _ 25,26Manufacturing indexes 22Marketings, agricultural 23Maryland, employment, pay rolls 28, 29Massachusetts, employment, pay rolls 28, 29Meats 41,42Metals 22,23,27,28,29,49,50Methanol 36,37Mexico:

Petroleum production and exports 43Silver production 32United States trade with 35

Milk - -- 40Minerals 22,43,49Money in circulation 32National Industrial Recovery Act, highway

construction 25Naval stores 37Netherlands, exchange 32New Jexsey, employment, pay rolls 28, 29Newsprint 50New York, employment, pay rolls, canal

traffic - 28,29,36New York Stock Exchange 30,33Notes in circulation 31Oats -- - 40Oceania, United States trade with 34,35Ohio employment 28Ohio River traffic 36Oils and fats... _ 37,38Oleomargarine 38

PagePaints . __ 38Paper and pulp _ 22,23, 27, 28, 29, 50, 51Passenger car sales index 26Passengers, street railways; Pullman 35,36Passports issued 36Pay rolls:

Factory.__ 29Factory, by cities and States 29Nonmanufacturing industries 29,30

Pennsylvania, employment, pay rolls 28,29Petroleum and products 22,28,29,43,44Pig iron 22,46Pork 41,42Postal business 26Postal savings 31Poultry _ 23,42Prices:

Cost of living, indexes 23Farm, indexes 23Retail, indexes. 23,24Wholesale, indexes 24World, foodstuffs and raw material 23

Printing 51Production, industrial 22Profits, corporation 32Public finance 33Public utilities 28,30,34,39Pullman Co 36Pumps 49Purchasing power of the dollar 24Radiators 47Radio, advertising 25Railroads; operations, equipment, financial

statistics 35, 55Railways, street 35Rayon 54Real-estate market activity 25Reconstruction Finance Corporation, loans

outstanding 33Registrations, automobiles 55Rents (housing), index 23Retail trade:

Automobiles, new passenger _»„ 26'Chain stores:

5-and-10 (variety). _ 26Grocery 26

Department stores 27Mail order 27

Roofing 39Rice 40Rubber, crude; scrap; clothing; footwear;

tires 22, 23,24, 27, 28,29,51, 52Rye 40Sanitary ware 47Savings deposits 31Sheep and lambs 42Shipbuilding 22, 27, 28, 29, 56Shoes 22, 24, 25, 26, 27, 28, 29,45Silk. 23,54Silver 22,32Skins 44Softwoods 45,46Spain, exchange 32Spindle activity, cotton 53Steel, crude; manufactures 22,47Stockholders 34Stock indexes, domestic and world 23Stocks, department stores 27Stocks, issues, prices, sales, yields 34Stone, clay, and glass products. 2 2,23,27,28,29,52,53Sugar _. 23,42Sulphur 37Sulphuric acid 37Superphosphate 37Tea 23,42Telephones and telegraphs 36Terneplate 48Terra cotta 53Textiles, miscellaneous products 54Timber 45Tin and terneplate 23,48Tires 22,24,27,28,29,51Tobacco 22, 25, 26, 27, 28,29,43Tools, machine 48Trade unions, employment 29Travel 36Trucks and tractors, industrial electric 55United Kingdom, exchange; United States

trade with __. 32,35Uruguay, exchange 32United States Steel Corporation __ 30,34,47Utilities 28,30,34,35,38,39,55Vacuum cleaners 50Variety store sales index 26Vegetable oils __ 37,38Vegetables 23,40Wages 29,30Warehouses, space occupied 26Waterway traffic 36Wheat and wheat flour 23,41Wholesale prices 24Wisconsin, employment; pay rolls 28,29Wood pulp — 50Wool 22,23,54Zinc 22,49

UNITED STATES FOREIGN TRADE81 CHARTS

• The Bureau of Foreign and

Domestic Commerce has just com-

pleted a set of 81 charts showing

the month-to-month fluctuations in

United States foreign trade during

the period January 1928 to March

1934. These charts were prepared

primarily for the use of Govern-

ment offices, but a limited number

are being made available, at the

cost of reproduction, to individuals

and private agencies.

UNITED STATES TRADEWITH

UNITED KINGDOMUNITED STATES STATISTICS

19210 ' 1 ©30 ' 1931 ' 1932 ' 1933 ' 1934 ' 1936 ' 1936

Department of CommerceBureau of Foreign and Domestic Commerce UNITED KINGDOM

Complete set of 81 charts (sample shown above), size 10% by 16l/z inchesmay be secured for

Send check or money order to

Bureau of Foreign and Domestic CommerceWashington, D.C.

U.S. GOVERNMENT PRINTING OFFICE: 1934