Embed Size (px)
Citation preview
MARCH, 1932
SURVEY OF
CURRENT BUSINESS
UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
VOLUME 1Z NUMBER 3
Bought • • • • • •
Raw materials New equipment Replacements Office and sundry supplies . Printing
• • • • • • • • • •
The list is long-the memorandum of your purchases of the last few months. Attention formerly focused upon Sales now is divided between Sales a'nd Purchases.
There are many opportunities to buy. To make your purchases at the opportune moment, however, it is necessary to be as well posted on commodity, distribution, and economic movements affecting prices and supplies of the items you purchase as it is to be thoroughly informed regarding the market for your own products.
Many types of data will aid you in determining favorable purchasing factors-statistics and summaries for industrial operations and production, stocks of manufactured goods and raw materials, unfilled orders, freight-car loadings, commodity indexes, foreign trade, construction activities, agricultural marketing and stocks, bank loans, the money market, and employment. All these appear each month in the SURVEY OF CURRENT BUSINESS.
• • • • • • • • •
Volume 12 MARCH, 1932 Number 3
WEEKLY DATA THROUGH FEBRUARY 20, 1932
MONTHLY DATA THROUGH JANUARY
SURVEY OF CURRENT BUSINESS
PUBLISHED BY
UNITED STATES DEPARTMENT OF COMMERCE
WASHINGTON
CONTENTS Page
Monthly business indicators ________________________ -------________________ 2
Business situation summarized____________________________________________ 3 Finance _________________________________________________________________ 4
1932 in comparison _____________________________________ ---------- ____ ---- 6
Commodity prices________________________________________________________ 7
Employment_____________________________________________________________ 8 Domestic trade_____________ ____ ___ _ ____ __ _ _ ____ ____ _ _____ ____ __ ____ ______ 9
Foreign trade ______________________________________________________ ------ 10
Transportation___________________________________________________________ 11 Construction _____________________________________________________________ 12
Agriculture ____________________________ ---------------------------------- 13 Iron and steel industry _________ -----______________________________________ 14 Chemical industries _________________________________ -·-____________________ 15
Automobile and rubber industries _____________ ---------------------------- 16 Textile industry ________________________________________ ------------------ 17 Food industries _____________________________ --------______________________ 18
Forest products---------------------------------------------------------- 19 New and revised series-Status of Federal-aid road construction____________ 20 Weekly business statistics_______________ _ _ _ _ _ _ _ _ __ __ _ _ __ __ _ _ _ __ _ _ _ _ ___ ___ _ 21
Monthly business statistics (Index)______ _ _ _ _ __ _ _ _ _ _ _ _ _ __ _ _ _ _ _ _ _ _ _ _____ _ __ _ 22
'Subscription price of the SuRVEY OF CURRENT BusiNESS is $1.50 a year which includes the 12 monthly numbers, the annual supplement, and the 52 weekly supplements; single copies (monthly), 10 cents; annual supplement, 25 cents. Foreign subscriptions without weekly supple
ments, $2.50; single copies (monthly issues), including postage, 14 cents; annual supplement, 36 cents. Make remittances only to Superintendent of Documents, Washington, D. C., by postal money order, express order, or New York draft.
Currency at Sender's risk. Postage stamps or foreign money not accepted
:W3384-32-l 1
2 SURVEY OF CURRENT BUSINESS l\Iarch, 1932
Monthly Business Indicators 1923-1925=100
INDUSTRIAL PRODUCTION 140r-----.----~.----.--~-.-----.
.f- M'ANUFAaURES (AD.JUSTED}5
I .., I MINERALS (ADJUSTED}
FACTORY EMPLOYMENT FACTORY PAYROLLS
FREIGHT CAR LOADINGS L.C.L.
GG 111:1!1111
WHOLESALE PRICES
VALUE OF EXPORTS
BANK DEBITS OUTSiDE NEW YORK CITY BUILDING CONTRACTS AWARDED 200
I I I l t UIV-4/JJU.STED
100~~~~--~~~~_,-----4----~1
. . '·· .I 1930 1931
L-5~A~D.~V.~V.~~~T£~D~A~V~~~S£=A~S~O.~WA~L~--~~~R~~~n~a~N ___________________________________________________ j
March, 1932 SURVEY OF CURRENT BUSINESS 3
Business Situation Summarized FURTHER recession in general business activity
occurred in January, and the gains in individual lines, excepting for certain manufactured products, have failed to measure up to the usual seasonal expectations. Weekly indications available for the first three weeks of February reveal no change in the trend. The financial measures recently adopted to stem the deflation have resulted in some improvement in sentiment and the financial situation, which, however, has not yet been translated into increased productive activity. The majority of the important indexes have moved downward, with industries serving direct consumer demands still making the best rela.tive showing. Construction activity has fallen off by considerably more than is usual at this season.
Industrial production during January was somewhat higher than in December as a result of an increase in manufacturing activity which was of approximately the usual seasonal amount. Mineml production was lower. Increased activity, after seasonal adjustment, was reported for the iron and steel, textile, leather and shoe, cement, and tobaeco manufaetures industries, while produetion of lumber and food products was unehanged.
The slight decrease in automotive output resulted in a sharp drop in the adjusted index. Fuel output was generally lower with declines in the coal, petroleum, and electric power industries. Production of nonferrous metals also declined. Compared with <January, 1931, industrial prodnetion was down 15 per cent, only
slightly less than the decline for the full year 1931, compared with 1930, and somewhat larger than the December reduction.
Employment underwent a further contraction in January, and in general the deeline was of greater than seasonal proportions. Fifteen major industrial groups reported a decline of 3.9 per cent in employment and 7.5 per cent in pay rolls. Factory employment decreased 1.9 per cent, after adjustment for seasonal variation, and the unadjusted index for factory pay rolls dropped about 6 per cent.
Retail and wholesale trade was lower in January, mainly as a result of seasonal influences, and the dullness has continued thus far in February. Department store sales declined by slightly more than the usual seasonal amount, and the sales of chain stores showed a larger percentage of decline from a year ago than the average for the months immediately preceding. Car loadings not only failed to expand seasonally in January but were lower than in December, and the trend has continued downward during February. Foreign trade in .January continued to recede, with exports off by more than the usual seasonal amount. Imports were also lower, whereas the usual seasonal trend is upward.
Movements in financial markets were mixed in January, but the bond market seored distinct improvement, which has been \vell maintained. \Vealmess in wholesale priees remains an unsettling factor, although reeently the rate of decline has slaekencd.
MONTHLY BUSINESS INDEXES
Year and monUa
i---f
i~~~~ ~~~~;~~ :::::::::::::::::::! mll: I
~sm_----:::=:::~-=::1 July ___ -------- __ ------- ----1
~~~t~~;l be~~~==:::::::::::::: 1
Octo her_-_------------- ----i No\t~ember ·---- _____________ ! December_--------------- .. !
1932: ' January __________________ _
117 ' 103
82 86 87 89 89 ~~ 83 79 76 73 72 71
70
117 !
103
81 85 87 89 89 . 84 83
~~ I 7i I 70 i 69 i
I 69 '
-! .. = ;r • f = i
118 112
90 88 87 92 86 85 84 79 77 85 84 83
78
100 ' YO
78 78 78 78 78 76 75 74 73 70 59 69
68
I Adjusted for seasonal variation.
101 U4
tl8 73 75 ' 74 72 tiS 64 64 ti2
59 ' 5fJ 56
.)2
FreiJOht car loadings Department store •ales,
Yalue
Total Merchan-dise, I. r. 1.
l --i
Monthly average 1923-1925= 100
H.1 , 89
74 74 75 77 7g 77 78 76 ' 78 78 i 70 i 61 '
1)8
108 100
82 80 80 so 79 77 7(1 72 69 69 ti8 69
97 94
S:l 87 89 91 92 i 89' 87 86 88 ' 87 85 ' 77 ; ,. ;
90 83 :. 89 ' 88 89 89 88 86 85 83 83 83
81
~()
ss 79 80 92 '
101 'J7 90 05 67 87 9:l 97
14.2
G.;
110 ' 107
97 98 97
106 97 95 91 8R 84 86 83 81
bO
Foreign trade, yaJne
it .. z i 1: "" ,,, Wholesale prlcea
=~ i
12D 108
66 59 62 57 54 49 48 43 48 51 51 48
';~ r: . ·= ~~ ~ ;a • ~ ..... It ·~ ·&.!-= er-e ·i .. w.:~ fC :,. 2 .... I' ~ ~ !·..: .:: Q : oe:: .i
c: = ' =- " i=~ .,_I'. -'g i = '== ":! :~a 1 t.=• ~ 1' .5 e ~ 1 .. ~ - I ~: j~.g ;g I'· a" ' ! -= ..... = ,' 0 ~ 1..,. ~~ = I 0 I r.. ~-"'
i'-----'------1 - -
11 :Monthly average
----1:.. 1926=100 i' I
142.4 'i 120 l' ~''· n 1 105. ~ 92. a 130.21! 95J, 92.51101.0,89.5
57 110. 0 I'! 71 I zs. 21' 73. 1 ' 79. 0 54 86.0 I 7797 ,·I 16. 8 70. 1 I 78.3 65 99~ .. 4
51!, . 7G. 0 70. 6 77. 2
58 " i3 74. 81 70. 1 75. 9 5f> 95. 6 ' 66 ' 73. 2 67. 1 ' 75. 1 55 98. 4 I 64 • 72. 1 65. 4 · 74. I 54 93.5 1 m 1 12.0 64.9, 73.9 52 83. 8
11
59 ' 72. I 63. ~ ' 74. 2 53 84. 3 1 W ! 71. 2 60. 5 I 73. 9 52 91. 9 ! 551! 70. 3 5~. R I 72. 9 46 74. 0 I 4g . 70. 2 58. 7 : 73. 4 47 86. 7 II 38 !, 68. 6 55. 7 72. 3
i: 4~ 80.6 '' 33 : Gl.3
1
52.8 '1
71.7 i) u.
'Adjusted for number of working days,
4 SURVEY OF CURRENT BUSINESS March, 1932
Finance-Credit and Banking THE general banking and credit situation was
featured during January by gradual credit liquidation on the part of the reporting member banks, by a less-than-seasonal decline in money in circulation, and by a steady outflow of gold. During the course of the month remedial legislation, particularly the reconstruction finance corporation act, gradually set the stage for an improved psychological condition in business and finance generally, and since the end of the month the statistical position of the banks has shown marked improvement. The liquidation of member bank loans has become less rapid and money in circulation has assumed a less highly abnormal trend. Gold has continued to flow out of the country, but much of it is merely a withdrawal of metal previously earmarked. Bank suspensions have also shown a marked decline since the end of January.
Bank debits in general tended downward in the wake of holiday activity. Debits of banks in New York City showed a drop of 8 per cent for the month, while those of banks outside New York fell 7.1 per cent. Commercial loans, including open-market bills held by the banks, experienced slight weekly declines during the entire period under review except at the turn of the year and during the third week of February, when there were slight increases. Loans on securities and investments were being steadily liquidated during January and the first half of February.
Federal reserve credit also declined, but the rate of liquidation was less than seasonal. Since the begining of February the weekly decline in the outstanding volume of reserve credit has been somewhat more marked and apparently has reflected the results of special efforts being made during recent weeks to attract hoarded cash into banks and into investment. The total bills purchased by the reserve banks in the open market and United States securities held have steadily declined since the beginning of the year, while bills discounted, although declining somewhat during February, increased by approximately $260,000,000 during January.
The decline in the monetary gold stock has been much less marked than actual exports of the metal would indicate. After the middle of January withdrawals assumed constantly increasing proportions, but large earmarkings provided the principal source. Shipments have continued during February but at a smaller rate. The recent withdrawals of gold are reflected in the steady decline since the middle of January in foreign bank deposits held with the reserve banks. These deposits fell to $16,000,000 by the third week of February without leading to any increase in the bills held by the reserve banks for foreign account.
An increase in postal savings deposits of over 10 per cent during January was the largest monthly addition since October.
CREDIT AND BANKING STATISTICS
Bank debits
Year and Out-month I New side
York New City York
City
~~----
54,719 ! 1929: January ____ 28,095 1930: January ____ 34,7321 25,691 1931:
January----- 24,557 21,697 February ____ 20,948 17,084 March _______ 27,5891 19,421 April ________ 26,821 19,620 May. ________ 25,072 18,858 June _________ 25, R93 19,406 July _________ 21,007 18,444 August_ _____ 17,501 16,526 September_ __ 20,073 16,627 October_ ____ 20,678 18,125 November ___ 14,464 14,605 December--- 19,233 17, 112
1932: I
II I II I 'i Reporting member i Net [ I banks Wednesday;' Condition of Federal resene banks ! Total gold I closest to end of i end of month 1 bank- im- De-j1 month :1
1ers' ac- ports posits in- Money 'I ----~~.~~-------· 11 cept-
eluding~ in New
I--- I _I I I I li ances York ': Total Total Total !\fern-.; out- gold eireu- State i J,oans All In- 11 bills I biDs United Total , ber 1: stand- re- lation
Can- ; on . I other vest- I dis- I ~?ought States reserve I bank ! I ing leased I savings ada 1 secur•- loans ment count- m the securi-~ bank reserve I· end of from banks
I ties 8 . ed
1 open ties credit ac- ' month ear-
·i I i i market I count [! mark , i ! I ---------~! __ _______ c_ _________ ------- ------·- ___________ J! ___ -------------·--- I ------·---~--
MILLIONS OF DOLLARS
6,053 ll 440 1 1,4841 4,095 7,446 8,675 805 202 2,362 1,279 I -17.8 4, 748 4,410 3, 211 7, 681 8, 995 5, 529 i 394 294 479 1,2o9 I 2,293 I, 693 6.5 4,652 : 4,416
2,668 I 7, 379 8,374 6,843 I 232 125 610 980 I 2,398 I, 520 46.3 4,695 ', 4,888 2, 535 : 7,313 8, 151 7,1831 198 109 599 925 I 2,343 I, 520 18.6 4, 598 4, Y28 2, 570 ' 7, 256 8,126 7,551 250 124 599 990 I 2, 428 1,467 28.6 4,590 I 5, 018 2, 786: 7, 052 7, 941 7, 903 I 157 163 W8 937 ! 2, 371 1,422 42.0 4,647 5, 059 3, 172 : 6, 867 7,R63 7,807 1 174 125 598 917 : 2,3891 1,413 53.6 4,679 ' 5,083 2, 694 ; 6, 746 7, 945 7, 795 : 149 106 668 943 2,381 I I, 368 156.1 4, 750: 5,156 2,400' 6,544 7, 942 7,810 195 73 678 976 I 2,367 1 1,228 -10.2 4,836 5,149 2, 244 i 6, 519 7, 879 7, 665 255 215 728 I, 255 z, 373 I 1,090 41.5 4, 947 5,173 2,451 6, 346 7,845 7,916 328 469 742 1,578 2,364 996 -258.5 5,133 5, 231 2, 587 5,897 7,624 7, 700 728 681 727 2,18-1' 2,1671 1, 040 -445.3 5, 478 5, 217 2,842 5, R07 7, 543 7,.506 718 4521 717 1,931 2, 051 1,002 117.7 5,518. 5, 213 2, 638 5, 777 7, 327 7,428 339 817 I, 853 I, 961 974 34.0 5, 6ll 5, 255
Postal savmg s,
ce balan to
credit of de-
positor 8
--------
Thou-sands o dollars
!53, 51 165,06
278,35 3 9 8 5
28
292,05 302,65 313,77 325,0 347,41 372,45
7 7
422,6 99 5 0
60 634
460,91 527,13 555,5 595,
.January ____ 17,676 i 15,893 ----~---- s,su 1 7,256 7,149
6381 899 1531 7!6 1, 856 1, 94:7 ii 961 -49.1 5,6!5 5, 236 6.>S, 0 ~~
I I I ' I li --·-------~~ ------------~-~-------
March, 1932 SURVEY OF CURRENT BUSINESS 5
Finance-Security and Money Markets DURING the early part of January stock prices
touched new lows and then inaugurated an upward movement. Throughout the month the market was somewhat erratic, hut in the main was dominated by an evident tone of confidence. The enactment of the reconstruction finance corporation act and proposed l0gislation providing for liberalizing the collateral requirements of Federal reserve notes have led to a more hopeful condition, which is reflected in a general upward trend in security prices prevailing in general since the beginning of Febn;ary.
New York City $100,000,000 issue of 6 per cent notes running from three to five years proved a strengthening factor. During February the market has been firm with marked strength shown periodically in Treasury and Liberty loan issues.
Money rates showed few changes during the period under review. After averaging approximately 3 per cent during the first two weeks of January the call loan renewal rate steadied at 2}f per cent. The timeloan rate showed little change, ranging uniformly from 3% to 4 per cent. The commercial paper rate also showed virtually no change. On January 12 the ~ow York Reserve Bank reduced its buying rate on bankers' bills. This forced down tho open-market rates, but expect~ttions of easier money generally failed to materialize, apparently because of the continuous export of gold. On ,January 25 the Richmond Reserve Bank lowered its rediscount rate from 4 to 37f per cent, the latter rate having been in effect at 10 rGscrvc banks since last fall. A month later, February 25, the N cw York bank reduced its rate to 3 per <~ent, a move consistent with the expected freeing of gold under the terms of new banking legislation which is ccrt~~in of early pn.ssa~e. The immediate effect was a strengthening of bank stock quotations.
Outstanding brokers' loans underwent, continuous liquidation during January and the first half of February. Not until the third week of the latter did these loans show an increase after having declined during 23 consecutive weeks.
Bond prices in individual groups showed varying tendencies, although in tho main a fairly strong tone prevailed. Certain Far East issues haYe been weak bccu.use of the situation in Manchuria, while domestic groups moved irregularly in accordance with reports on conditions in individual industries. Now ofTerings have been small, although during the latter part of January numerous State and municipal issues were placed on the mnrket. The oversubscription of the
SECURITY AND 1\fONEY MARKET STATISTICS
1--
I !
i i!ri::"e indi.rt-s of fm·- i I. eitpt listed conJ- l ' ntun btock 1
R:tnr.;e of open mrrrk0t. Inont'Y rates New York
llrokers' loans
·----------·---~-.
__ 1_··---·-
i Rel. to 1 Rela
Dec. 31, 1 live to g1:;3 [ 1U13
I i i I i 1\ladc I I 1 Tatal I 1 I ·I by re- . • 1 lAm;;- di\·i<lf'wl 1
1
. ' port- j l.~-'llon<l New trrm and ' :1· ing ported !
I i <'a pita! r~al int<'I'<'st I " • mem- I b~ the I R.a-
' yields l:;sues Psta!~ pay- I cau Cont... ht•r ! New flo Eerlin 1 bonds nH .. nts i mon- 1 Time
1
. ntet· .. · bani's , York to , 1 <·J' r·~- j loans eiai in l Stock ,mar-' newal 1 paper . N. V.C., I !<ex- I k~t I !. I I' Wed. :chan~~:e, \'alue
!i I' closest I NH! of
· I to month I 1
1
. 1 end of 1
-----1--' j:_ ----- ~~~~~~nth I Pe-r
weight.·\ cent ' 1 dollars <'<'Ht
Priee I · ~~~. I! to par i Per Thousands of dollars I Per cent 1: Millions of
ect I I I ---------- --1 -i---~--------:1
I fit:~ i 4. GC : 828,:127 : fil, o~5 : D25, o75 1! 7. o.~ 1 7~4 r;u -5V2ii s, Gf:0 fi, 1~r. 9. ,1s 12G.5: 4.G4 620,0S3: 2.l,3'l3 1,127,014 il 2.23 4)i-5 4%-5 1: 3,345 3,\185 5.77
!lo. 5 1. 4:J ~~99, s1s · 4, 52o 1, 115, 2:J4 'II 1. m 1'{-2\-:; z){-3 :· 1, 734 1,120 3. 2o s1.; 1. 44 11,201 , '· 5\Jo : 525, ~o1 I 1. 5o 1%:-2 2J1-2%,, 1, 1os 1, s1o a. 22 \17. 3 4. 41 ' 2fi9.030 I 2, 015 594. 2S2 II l. 55 2 -2).:; 2)1'1: 1, ~75 1, \!09 3. f>S
101.2 4.43 zn7,47t 1 1,2:;5 74S.S73 1 l.ii2 IH-2J<l:l2li-2HI 1,~}0 1,5f•l :l.4o 96. ti 4. 1:~ : 169, 3CO 1 9, 4Xfi 5.t)9, D24 i, 1. 4~) 1)-2-2 2 -2741: 1, ,,<)g 1, 4:15 ~5. 37 RO.fi 4.45 !' 131,343' 3,;~·' 71:2.077 'II 1.[,0 l)i-1%, 2 I 1,47D 1,39! 2.93 s:u 4.44 .: 11.),070 o/5' 945,97G I l.fiO 1)i-1y2i 2 I' l.:lfiO 1,344 3.03
Clg~~g· ug ' 1~U~I ' c~: ~~g : ~~~: ~1~ il u~ l~=~Y2II. ~ ' u~~ i: ~11 i ~: gj Closed. 5. Hi 17.391 ; 9, 12f> ' 747. 157 l1 2. 10 272-4 2 -Hi I 8fi9 7Un 2. 33 Closed. . 5. 19 I 50, J2:l ' 2, ll19 5.17, 742 !I 2. 50 ' 3 -4 13;H)il 720 no 2. 35 C'lo~cd.' 5. 81 Gn, 98:1 3. 1 S5 G7n, ns1 ii 2. 70 i 3 -4 3~'4'-4 t 501 587 2, 20 (;(o,ed. 5.~6 46,66! 1.015 997,938 ii 2.r.513)1·!-~ 3?,·H_I __ ~~~-~-~~
6
I I
SURVEY OF CURRENT BUSINESS
1932 in Comparison
••••• JANUARY
BANK DEBITS OUTSIDE NEW YORK CITY - (t3!LLION5 OF DOLLARS)
CON5TRUCT!ON CONTRACTS AWARDED -(BILLIONS OF DOLLARS) .--.----- ~~~------~
7
STEEL l N GOT PRODUCT! ON - (MI L_L::c.I.:::.:.ON...:..::S:.__=D_F~Tt.~OA-'-1S""") _________ _____,
40 50
193'2 I 9 3 I Lo....:,..,....;.,"777".,...,_,_~,..,..,..,...,..,_,"777'1
1930~~~~~~~~~~~~~Jn~/~ 1929~:+~~~~~~~~~~~~~~~
60 70
192.8 j_' ~~~~~~~~~~~~~L_l_~ ~~~
1932. 1931~~h7~~~~~~~~
4000 5000
1930C:~~~~~~~~~~~t~~c~n~hn~~7~~~ 1929==~~~~~~~~~~~~~~~~~~u~~~ 1928
FREIGHT CAR LOADINGS - (MILLIONS OF CARS)
20 30 40 50
1932
1931==~~~~~~~~~~~~~~~~7)n 1930~~~~~~~~~~~~~~~~~~~ 1929~~~~~~~~~~~~~~~~~~~ 1928L·~~~~~~~~~~~~~==~~~~,~~_L--~
March, 1932
March, 1932 SURVEY OF CURRENT BUSINESS 7
Commodity Prices FURTHER drops in commodity prices occurred from
December to January, and in the case of retail foods and in products for sale by farmers the f~tll was very sharp. Price indexes for the first three weeks of .February, covering commodities at wholesale only, indicate that the decline during that period was h•ss severe than during January.
Wholesale commodity prices declined 2 per cent owing to a drop of 5 per cent in farm products and to a fall of 6.4 per cent in prices of foods. Hnd the drop in prices of farm products and foods been no greater than that of commodities other than farm products and foods, the change from December to Jnmw.r:v in wholesale commodity prices as a whole would haYe been only fractional. Honsc-furnishing goods, building materials, textiles, and miscellaneous products declined in price from 1 to 1.5 per cent. Price declines of loss than l per cent from December, 1931, to .Janur.ry, 1932, were shown in hides and leather, fuel and lighting materials, metals and chemicals.
Among the subgroups of commodities those declining the most include: Butter, cheese, and milk, 15 per cent; farm prodncts other than grains and livestock, 10.5 per cent; plumbing and heating equipment, 7.3 per cent; structural steel, 5.4 per cent. From December, 1931, to January, 1932, declines ranging from 3 to
5 per cent occurred in prices of paper a.nd pulp, silk and rayon, and knit goods. Prices of grains, boots and shoes, lumber, fertilizer mittcrials, woolen and worsted goods, coke, brick and tile, drugs and pharmaceuticals, and house furnishings nveraged only fractionally lower in January than in tlw preceding month.
H.etail prices of foods averaged 4.4 per cent lower on ,January 15, Hl32, thnn on December 15, 1931, the rhauge equaling the sharpest decline in any one month since prices turned downwnrd in 1929. Thirty-five of the 42 articles of foods on which quotations are regularly received wore lower in prieo in the middle of .hnunry than on the 15th of the preceding month, 3 were higher, and 4 were unchanged. Fresh eggs fell in price 23 per cent, bacon and lard, and butter dropped 10 per cent and 12 per cent, respectively, and chuck roast, plate beef, IlftVJ beans, and potatoes declined 6 per cent each.
Farm price.s fell 4.5 per cent a.s a result of a drop of 14 per cent in prices of dairy and poultry prodncts, and on January 15 were nearly one-third lower than on the corresponding date in 1931. From December 15, 1U31, to ,January 15, 1932, prices of fruits and vegetables advanced 2.9 per cent; no changes occurred in prices of grain, meat animals, and cotton and cottonsC'ed.
INDEXES OF COMMODITY PRICES
Wholesale •
Year and month
-a "' I ~ i .... "' = ~
., -a .. !! i = 't: 'Cl
:::: "' !l 'e ... = .cl oe<> ..
~ == a .. ;:: .. -g "' 'e .. .... = ..
= .. "'~ a .. 3 :e
'il :; .., ' = "' .=
r.. = = .. I i
Monthly average, 1926=100
~
= .cl "' 'C., ..'e =~ ..... .. ., ., = ~ ' =
--· -~-- ---~ ---- ~(, ---- ---- - !I
,--- ---;--;-·--~~~--~e~~~~-~~~;J]l~ i till i ~ j ' ~
I !: i .!! !'· II' ~ , = I = ' ' ~~ ~ ! ;., I ~ II ~E .... I e., I' = II --g ~ l :; I ~ I "ga
j I r II '8 ~~ ~ ~
"' "' -a = ~ 't: "' !l = .. "' ~ !! .., II: "' ii " ~ a , = I ~ j! §"'
JJ : i; :I r.. ... "' --'----'----· --;1- - I 'I . I Mo. i' Mo. i Mo. aver-11 a,·er .. 1 aver~ I age II age 1 age 1909 1\ 1913=! 1923= . to 1 100 : wo ! 1914= ·I i I 100
!! 'i-1 192G: January ............................. : 95.9 0o5~~~13. 4
1l1 ~~~- ---;~ l 100.-;j- ~~-~ ;;;; J93. 9 -~ s2~1-; ;rl 97. a~ ii 15.5 l1 99.9 I 133 1930: January ••..•..••.•••••.•••.•••...•.. : 92.5, 101.0 97.31 105.1 87.2 81.7 I 97.2' 94.3 93.0 I 93.8 81.3 94.0 93.0 93.31\ 155 99.31 134 1931
ianuary ______________________________ : z8. zl. 73.1 80.7 I 88. 7 II 71.3 73.3 : 86.9 I 83.81 84.51 88.3 II 72.2 72.9 i 73.4 80. 51~ 133 l 91.1 i 94 f.
1e8hrrcu
11a_r_Y_-_-_-_-_-_·_-_-_·_-.-_-_-_-_-__ ·· __ --__ --__ --__ --_· __ --_-_: 16.8 1 70. 1 78.0 I 86.9 70.9 72. 5 86.5
1 82.5 83.3 , 88. 1 71.5 , 70.6 I 72.3 79.3 1: 127 I 89.6 ,, 90
" 76. 0 I 70. 6 77.6 I 87. 6 ' 70.0 68.3 86. 4 82.5 82. 9 I ss. 0 I 72.0 69.4 ' 72. 2 Z~· 4 :! 126 ; 89. I 91 ApriL ............................... / 74.8: 70.1 76.3 j 87.5\ 68.2 65.4 85.7 81.51 81.3 87.91 71.5 · 68.3. 71.1 11.1 :. 124 l 88.2 91
JMuanye_-_·_·_-_-_-_-_-_-_-_-_-_·_·_·_·_·.-_-_·_·_-_-_·_-_-_-_-_·_·_·_-_-_1 73.2 I 67.1 73.8 87.6 1 67.4 65.3 85.0 80.0 80. 5 II 86.8 70.5 66.5 li8. 9 75. 1 I' 121 j 86.9 , 86
72. 1 65. 4 73. 3 88. 0 I 66. 6 62. 9 84. 4 ' 79. 3 I 79. 4 86. 4 I 69. 7 64. 7 68. 5 7 4. 0 'I 118 85. 9 80 July .................................. \ 72.0 64.9 74.0 89.4/ 66.5 62.9 84.31 78.1 78.9 8.>.7\ 69.7 64.3 69.5 74.0 L
11\ogll 85.9 1, 79
~.,ullgtu.esmt.b.e·r·_-_-_-_-_-_-_·_-_-_-_-_-_-_-_-_-_· __ --_-_-_-_-__ ·-_·_-_1, 72.1 63.5 74.6 88.7 \ 65. 5 66.5 83.9 ' 77.6 iG. 9 i 84.11 I 68.3 64. 1 68.3 74.6 1 _ 85. g 75 o, ' 7!. 2 60. 5 7:l. 7 85.0 64.5 67.4 83. 9 77.0 I 75.3 '· S2. 7 68. 2 6'' 7 66.3 74 0 '1,1 119 i 85. 6 ' 72
' I 6·1. 5 I I Octohcr .... __________________________ l ~0.3 58.8 73.3 82.51
63.0 67.8, 82.8, 7~.1 7fi.6: 81.0 I G~.~ 64.7 • ~3 ~ .' 119. 84.9 68 November 1 tO. 2 58.7 71.0 . 81.6 , 62.2 69.4 82. 6 70. 2 76. I 1 80. \l i 6~. 1 62.0 I 64.4 I •3 .• 1
1 !Ji I R3. 9 71
1932.~aenceumahrPy.r_._· •• ·:_:_:_:_:_:_-_.:_:_-_.:_:_:_:_:_-_.-_.:_:_:_:_:_·_.:_:_-_-1_, 68.6 55.7 69.1! 79.8[ 60.8 68.3 82.2' 75.7176.1[ 78.5! o•;.s: 60.2! 62217l.Oii 114183.1 66
., __ -----------'--6~-~-:-~2:__8 __ Gl.7 79.3 7~.8J 75~7_1~-~J 55._G_~~----·c_~~--~--~~~~-l109l 8H 63
1 Department of Labor. I Department of A~riculture. National Industrial Conference Board.
8 SURVEY OF CURRENT BUSINESS March, 1932
Employment A DECLINE of more than the usual seasonal pro
portions was recorded in factory employment during JanuHy, the seasonally ndjusted index of the :Federal Reserve Board thereby receding from the December figure to a new low for the depression. The unadjusted volume of wage payments to factory workers declined 6 per cent from December to January.
The leather products, tobacco products, and petroleum refining were the only three industrial groups recording employment increa>:es after scusonal adjustments are made. Declines in employment Hfter seasonal adjustments are made were registered by the following industrirJ groups: Iron and steel, machinery, textiles, food products, paper and printing, timber products, automobiles, nonferrous metals, rubber products, and the cement, clay, and ghtf'S group. Employment in the chemical group as a whole was the same as during December. The leather products and rubber products industries were the only ones to report an increased Yolume of pay rolls from Deermber to ,January.
An increase during January in the actw1l nnm!Jer of employees wns registered in 18 of the 89 mnnufacturing industrinl gTmlpE in which the Bureau of Labor receiyes reports. The moot pronounced increase in actud nHmber of emplo:yecs from December to Janwny was shown in the millinery industry. Seventy nwnufarturing groups reported los~es in both employment and earnings, and one industry, men's clothing, showed a
loss in employment coupled with an increase in pay roll. Per capita earnings in manufacturing industries decreased 4.2 per cent during this month interval. Of the 11,443 reporting establishments in 68 manufacturing industries, 86 per cent reported full-time operation, 1 per cent less than in the preceding month.
Decreases in both employment nnd pay roll totals were reported by all the geographical divisions. These decreases in employment averaged from 0.7 per cent in the East North Central States to 23.5 per cent in the Mountain group. In pay roll totals the Kew England division suffered a falling off during the month interval of only 4.7 per cent, while the l\Tountain States reported a loss of 26.4 per cent, due in large part to a seasonnl curtailment in the operations of the beet sugar industry.
Both employment and pay rolls of bituminous coal mines decreased during Janunry, and the snme items for anthracite mining nlso recorded decreases. Employment nnd puy rolls in retail trade were seasonr.lly materially under December and also under January hst yenr. The lltilit_y f:roups also reported decrer,ses in both emplo~~n~cnt and pny rolls.
Unemployment nmoitg trade-union members registc1·cd a new high dnring ,Janunry with 32 per cent. This is an incrense of 2 per cent over December and 5 per ce:nt ever· fJnnuary lust ~lear. "\\'ages of con1n1on laLor in ro~1d building during Janmry droppE'd to a new low und were 11 per cent unc:er ,Jnnuu.ry last year.
STATISTICS OF EMPLOYMENT, PAY ROLIJS AND WAGES
j F~fJ;gP~~t ~~: ... K 8 :: mtum!uons Antluactte- !1,, Power, light, i 'l'el .. pllon<' l K<•ta!l trade 'E 1 - E 1 I wa:es,
, • • h fa!"tur} , 11 I ntenr , men , rnon i )<' K ll • • • eo3l mmlng mining , and wat~r ; and tde.graph .mp oy- .mp oty-~ com-
l-~~~--- :: .~.tr. . --- 1:------,--- ·~-----.-----: ----------, a;~n"~:~s,, ~;:~e~ lla:~:J" Year and month 1 Ad- l'n:td-' nnad- t.m- , p,_y Em- Pay 1: l<~m- 1 l'ay t:m- i Pay i Em- Pay • cants per, mem- I buii!!-
IJusted' ju~ted justt·d ploy- ' roll ploy- rolls I; ploy- ! rt•lls I ploy- ' rolls ' ploy- rolt. I 100 Jobs bers ing i ___ l __ " _li_ ____ i ment_L_"_,_, mcnt ment i · __ j_~ent_L_L~'_:_t_~- ____ ' ____ _! I , ' ' I !-,fonthly aV(~ragel .. ' Per cer;t r Cents
192:1--!YZ,\=lOO Monthly average, Jn9=100 Number, r~!~~~~rs 1 per hour
lll2~~~anuary_=~~-~~J- 99.8 r-~~:~ 100.8 10R.4 10<1.1 105.7 100.7 £2. 9ll 9L 7 ~8~~: JanuarY-------~~---j 95.61 93.2 94.4 • 102.5 101.4 102.1 10.1.8 D9.G, \!0.7
JanuarY--~-~~-~--~--! 78.3, 76.4 G8.4 1 93.9 73.3 90.6 89.3: 99.21 %.1j Febru:1rY-----~------: !Z· 8 ,: 77.3 73.2 i fn. 5 6S. ;l : 8\J. 5 101. U ! 91 . .s 9\J. 7 March~.~--~~~--~-~--· ~--9 1 ~~:~ nn 8K8 G.l.2 82.0 n:J BU. 71102.4
~r,~~~--~:::::::::::::: 7~: ~ t "· 1 ~1 ~ ~~: ~ ~1 ~ ~~: ~ ~g: i • ~~: ~ I ~~: ~ . J~~ue_~--------------- 71i. 0 I 75. o 67.6 78.4 5:!. 4 76. 1 GD. 7 1 1:17.21 U<~. 3 1
July _________________ : 75.1 1 73.8 H4.4 76.4 50.4 65.1 53.7 :J6. 7 97.4: Angust_ ____ ~~--~----; 74. I , i4. 2 IJ!. 3 77.0 50. G 67.3 M. 4 95.91 ~5-2 : September~~---------~· z
02.
3R ,_! 74.7 6LR S0.4 53.5 so.o 64.9 9!. 7 9!.3,
October _____________ '·, 71.4 59.4 81.3 5h.2 808• 91.1 n~.7 93.2 Novemher ___________ ' tYJ. 3 I 68.7 .56. 2 81.1 .~t 6 sa: g ' 7~l. g {II.:~ 03.3 December..~~-~~----· 69.41 67.9 55.8 81.2 52.3 80.1 78.8 ~O.:ll 91.2 1
94.3 04. 5 101.6 105.1
90. 5 96, 3 8\J 2 91.8 8~. 6 H7. 9 88. l 95. 0 87.4 (14. 1 1'6. 9 95. 0 86. {i 9:~. 3 8~.9: 92.3 t10. 0 D2.1 84. l 91. G F0 .. 5 09. 7 s:l. 1 112.1
S3. Q 89. 1
nzl tl;~. g I
9o.o I 8'!.1 I g·,'. 8 ~!0. 1 ' b(l. ~ I Sil, l I s:;;, 11 as I ~f:. 6 I
S!J. 8 I 90.9 '
lOS. 2 I
99.0 ,: U9. 7 I' 89. 4 : so. 7 87. 5 88. 3 Sb. 0 : 87.6 8~. 3 80.3 ' 83.5 . 84.6 85. 4 9-!.1
Sl. 3 78. 0
156 201 i
I
224 202 179 177 181 :;os zog 217 1D5 221 214 191
lOR 1 111.2
73.0 7:l. 0 7-t 0 75. 0 75. 0 75. 0 74. 0 74.0 74.0 7!. 0 71.0 no 68.0
1932JanuarY--~----~-~--· GS.l! 66.3 57..! ·so.s 4/.tl 7il.2' Gl.S ~9.:l i ss.l ---~----~--- _ _._ ------ , ____ , ______________ ,_, ___ , __ ----~- ___ } --------' ____ ._ -- -~ --- -------··--·-------- __ l~--- --------~---
t Adjnsted for seasonal v:.ri:.t ion.
36 40
36 3G 37 3.\ .,.
30 3G 3·1 35 34 33
32
March, 1932 SURVEY OF CURRENT BUSINESS 9
Domestic Trade D ISTRIBUTION of merchandise at wholesale and
retail, which declined in January by somewhat more than the usual seasonal amount, has continued slack so far in February. Freight-car loadings have failed to record the usual seasonal gain and in January declined below the December level, with the result that the adjusted index recorded the greatest drop of the current recession. The significant index of merchandise I. c. I. loadings was also lower. The decline in I. c. I. loadings for the first month of the year, as compared with the same month of 1931, amounting to about 10 per cent, was approximately the same as the decline for the full year 1931, in comparison with 1930.
Retail trade fell off sharply, as is customary following the Christmas period, but the decline for department stores alone was only slightly in excess of the usual seasonal movement. Department-store sales in January were 18 per cent below a year ago in value and the volume was also lower. The declines by reserve districts were fairly uniform, but the St. Louis, Richmond, and New York districts made a better than average showing. The value of retail sales through 36 chain-store companies was lower than in December, and was 8.2 per cent below the same month of 1931. The January comparison with the same month a year ago was slightly less favorable than for December, and the percentage decline also was higher than the ~~.8 per cent reduction in sales during
1931, in comparison with 1930. Sales through the two leading mail-order houses declined 46 per cent below December, as against a decline of 43 per cent between the same months of last year, and were also 23 per cent below a year ago.
January normally brings an increase in business failures and the mortality last month was not only substantially above December, but the number of failures was the largest so far recorded. The liabilities involved in such failures also reached a record total. In comparison with a year ago, failures among all groups increased, but the liabilities involved in failures of manufacturing establishments decreased substantially, while liabilities of trade establishments and agents and brokers were much larger.
Advertising lineage showed the usual seasonal reduction in January, although magazine lineage increased during the current month. Newspaper lineage in January held slightly above the low point of midsummer, 1931. In comparison with January last year, magazine lineage was off 27 per cent and newspaper lineage off 11 per cent. Expenditures on radio advertising continued to expand, and the January total was 11 per cent above December and more than half again as large as in January, 1931.
Distribution of mail, as reflected in the postal receipts, was seasonally lower than in December, and the percentage drop in receipts was somewhat larger than for the same period a year ago.
DOMESTIC TRADE STATISTICS -------------- -------~--------- --- --~--------- ------ ----- ----- --
~~par~ment I[ Dep:nt=~~-t ;llo~~~~~~:t ~:~J ;,~~~~~~~~~~~n-'1~ i - - --~~~ ~:.:::~:~ II Advertls;ng ~-~~~ --store sales 1, store stock•' lcbandise:l.c L• sales : Mail- Po•tal I failures lineage Money ~~ ____ ,' ___ -~--11 ______ j ~- ___
1
1 order I r~~e!~~·· II ~--~~ ordt'r 1 I 11 ' il sales,! lcctcd 1 I 1 I value.
Un~d-~ Ad- ''Unad- A~-11{'nad-1 Ad- 1 Unad-' Ad- 11 houses! dtlcs I' )<'ail- Liabil-\Uaga- News- paid
ju.t- just- I just- Ju•t- ,
1
just- I ju,t- ,1 just- ' just- 11 1 ures ities I ziue 1 paper 1 ed ' 1 cd' 11 cd 1 ed' \ ed 1 ed 1 I' ed ' ed' 1 • ,
I I I d II II I I I ------- ---- -----!: ~~--- -- -~~,~~ ~~~~~.~~~ ----!1 ,. d. • !I - Thou- 1 Thon- 1 l\Iil· Thou·
· J\1onthly average, 1923-1!:125=100 li Th~fc;1·,1.~~:-~ of p Nb~~- -.;cmds I sanrls i lionSfJf sands
Year and month
'i ,1
, ' '' , d of Joll.o.l of lines. line$ of doH•. I 11 ,
--- ------~----[--.-~~~~--.-~---,----------. ~-: ~--~~~--j;-- --T--,-~ ~~ 1'1°•1· ''I!'Uary I 90 110 i: 89 100 I· 97 105 1!2 : HG ~~ 47,400 •I 31,615 ;, 2, 535 53, R77 1 2. 008 , 97 83, 154 1v~o: :J;";'"''Y :::::::::::::::::::::: 1 88 . 101 ss 99 1
1
. 94 102 us · 152 1
47,168 il 32,199 i: z. 759 61,185 •1
1, 963 , 88 so. 593 lt-131: :·1 -,g li li d
JFaenbur',',r.,yr_y __ -_--_-_-_-_-_-_-__ -_--_-__ -_--__ -_-_--_-__ -1,· 97 78 88 I 83 90 125 162 ! 41, 4.>9 '! 29, 172 •I 3, 316 94,608 I 1, 550 7762
I 78, 273 ~ 80 98 , 81 SG 87 89 127 i 103 : 39,422 '' 20,405 ·I 2, 5G3 .j9, 608 1. 965 ' 70,935
l\lareh _________________________ •j 92 , 97 87
1
8834 ! 89 89 144 159 i 43,008 ! 30, 178 '[ 2, 604 tlf., 3R7 !' 2, 203 90 \ 81,747
·\ rril 'I 101 • JOn 87 I 91 88 160 ws 52,078 , 29,257 ' 2. 383 50. 8Il8 2. 421 89 90,646 Ivf~v ---------------------------: 97: 97 85 83 92 89 15G Jtj8 ' 50,070 1 27.844 ! 2,248 53,371 [ 2,37.? 88 81,956
~l;{ef:,le~,~~'~~=~te·r:_:_._ •• _ •• _ .• _ •• _.:_._.:_ •• _:_._~_:_.:_:•_ .• _••_ .• _._ .. _
1
1
1
~ ~. ~ ~I fi i jjj' ~~ lli ! ~ill , tl ~m !1
t~ ~I ~~~ , 112 81 73 78 ,i 77 83 279 144 58,8~1 3~1,\1(\(i :' 2,758 73,213 1,62G' 77~--------
Ht~2: ·I I
January ______________________ i 65 80 G7, 7.) I 7.> 81 lii5 • 31,07.; 2'.,31~ I 3,!58 96,81i0! 1,138 68 ~--------
l Corrected to a vcrage daily sales.
103384-32--2
I Adjusted for seasonal variation. I l'nd of month figures.
10 SURVEY OF CURRENT BUSINESS March, 1032
Foreign Trade EXPORTS of merchandise from the United States
during January decreased 18 per cent, a larger than usual drop at. this season of the yen!·, while imports fell off about. 11 per cent in place of the normal slight increase. As compared with January, 1931, the percentage decrease in exports was slightly greater than the corresponding decline in the final quarter of 1931, while in the case of imports the decrease was slightly smaller.
Merchandise exports exceeded merchandise imports to the amount of $14,000,000, the smallest January "favorable" balance since 1926. Gold exports were resumed in large quantities during January, primarily to France, Belgium, and the Netherlands. The total outflow for the month, amounting to $108,000,000 was the largest since October. Gold imports amounted to $32,900,000.
The decrease in exports from December to January was due in large part to a seasonal drop in exports of cotton and wheat, a sharp decline in exports of tobacco, particularly to the United Kingdom and China, and a considerable decrease in exports of electrical machinery and appliances, industrial machinery, and automobiles. Exports of apples, crrnned fruit, copper, and gasoline showed increases over the shipments in December. Slightly more than three-fifths of the total exports of wheat were shipped to South America and China, and nearly one-half of the cotton to the Far F~ast.
As compared with the corresponding periods of other recent, years, quantity exports of raw cotton in Janua.ry were the largest since January, 1927; wheat exports were greater than in January of either 1931 or 1929, while unmanufactured tobacco exports, amounting to 25,000,000 pounds, were the smallest in the postwar period.
In comparison with January, 1931, quantity exports of finished manufactures, and expecially of the several classes of machinery, iron and steel, automobiles, and refined mineral oils were substantially lower. The value of electrical machinery and appliances decreased from $6,700,000 in January, 1931, to $3,600,000 in January, 1932; industrial machinery fell from $15,000,000 to $5,100,000 and agricultural implements dropped from $12,300,000 to $900,000. Shipments of agricultural and industrial machinery to the U. S. S. R. (Russia), which were relatively large during the opening months of 1931, have dropped to a very low level. Refined mineral-oil exports were smaller than in any corresponding period since January, 1924. Unmanufactured tobacco exports were off 62 per cent in value.
Except for wheat and cocoa, unit values (average prices) of leading export and import commodities declined slightly during January. As compared with a year ago, however, decrE,ases in unit values of leading commodities rnnge from 10 to 40 per cent and thus aecount for a considerable part of tho drop in value.
EXPORTS AND IMPORTS
Exports of United State11 merchandise -!'! _________ General Imports
~ I Crude I Ex- materials lr Foodstuffs
Year and month
ports, ·: .includ-ii, ing 1:
;:~t~l :! :[Total
-- 1----r - T- -- -- - : ;,- -,-- : - - - --~: i : 'I I , . !. ~~:~: '1 Auto-: I' ·Crude il i . . jFrmtsl; ufac- 1; 1 '!'"" : , Total I m.a-
Raw II .\lheat,_Meats,
1
and [: tures :_r 1 M_a- II hiles, i Gaso- 1. '_ ter1als cot- I' Total· and , and prep-~: : Total . clun- parts, line I' 1
ton 1 i flour i fats . ~ra- 1 1: ! ery and 1 1
: .
I . ; [ twns 1: [, _j ____ l_:~~~------_1: __________ _
1929: January. ________________ 488.0 12o.nl SL9 77.2 12.2 JV.7, 1930: January _________________ 410.8 103.9 !' 72.5 57.6 !S.O l'i.4' 1931:
JFanuarY-----·-··----------- 2·1!lf) 5~.11 )I 31.2 35.5 'i,;·_~ 12.2 i ohruary _________________ 2:14.:~ 47.7 25.4 29.t) ~ _ 10.()
1 Marrh ____________________ ~3,).9 56.4 i 3f;.o' 33.0 3,9 10
8 .. 51 i
ApriL .. -----------···--·_ 215. l 40.21 22.9 28.2 5. 7 May ______________________ 204.0 36.5 1~.9 29.4 7.4 7.8; June ______________________ 187.1'\ 29.111L' 28.7 8.8 7.1· JulY----------------------- JH0.7 !: 28.4 13.5 32.3 11.6 6.8. August__ __________________ lf>I.R :1 25.5 9.9 ~B. I 7.0 6.4;
~~~~~~~h~~~::::::::::::::: ~~~: ~ i! 6i: ~ I ~~: ~ ~~: j ~: ~ n Novemt·er_ _______________ 19:3.5 I' ~8.0 4:u> 34.6 8.5 6.0: Decemher_ ________________ . 1S . 6 :: r.s. 3 47.3 27.1 7. 6 7. 3
1932: I, I January----------------- 1 • 9 ;1 {9. 8 33,0 23.7 5, 3 6,1
14.0 ~). 3
I
JO. 7 I
8. 9 10.7 6. 4 ' 6. 5 5. 7 7. Q 8. () : 9. ~
lfj.:! 1l.G
6. 6
7. 4
Millions of dollars
(:7. 7 50.7
3t6 ~~- 4 31.4 31.1 29.9 27. 4 27.9 n.9 21. 4 21.2 20. s 20.7
1~. 8
117.0 j HJ. 1 110.3 110.6 103.4 97.6 SR. 3 R4. 1 83.2
~~: g l 64. () .
I 54.5
40. g 4o. s 5G.] :.!U. 1
37. 5 44.0 29.4 31.1 211.6 28.3 22. 7 2(). 4 1
24.7 ' 20.2 15.7 17.7
11.!
14.5 lo. 1 18.5 18.0 14.2 12. s 11.5 10.7 8. 7 8.5 .o. 5 7. 9
6,8
21.3 23. 1
13.8 10. () 8. 4
JO. 7 12. 5
7. 2 9. 0 8. 8 7. 2 7, 2 8. 3 5.9
7. 6
36~.\l 311.0
183.1 174.9 210.2 185.7 179.7 173.5 174.5 16il. 7 170.4 16~. 7 149.5 152.9 I
135.2
1!2. 3 109.1
59.3 ! 5G.4 I 64.0' 5-1.7 54.7 52.4 50.0 47.7 52.9 ' 52.4 47.9 49.9
38.2
I ,
I semi- i I<'lnFood-~'manu-1 !shed stuffs fac- ,manu•
1 rae-. tures : tures
7fi. 5 63.3
42.0 46.1 56.6 5!. 9 49.6 47,2 47.1 45. 4 35.1 36.8 33.0 36.7
38.3
71,0 68.0
36. g 31.5 39.8 33. 4 30.4 29.8 30.0 2S. 3 30.3 29.0 27.6 25.3
26.2
79.2 70.6
44.9 41.2 49.2 4~. 7 45.5 44.2 47.5 45.3 52.0 50.5 4!.3 41.1
32.1i ---~~--------------~ ______ _£_ _____________ ~~-------· __ :__ . '
~--------- ·- --·- ·- --------
1 Reexports of foreign merchandise during January, 1932, were 3,115, 900.
;yrarch, 1932 SURVEY OF CURRENT BUSINESS 11
Transportation
C01fMODITY distribution during January, as reflected by the avernge daily total freight-car lond
ings, was lower than in December. The normal seasonal movement is upward and the adjusted index of the Federal Reserve Board declined sharply. Average daily loadings during January were 22 per cent under January, 1931, and 36 per cent under the same month of 1930. The daily average movement of merchandise in less-than-carload lots during January decreased by about 2.5 per cent, and the seasonally adjusted index of the Federal Reserve Board was 2 points below the December figure. January loadings of merchandise were about 10 per cent under January, 1931.
Only two classes of freight, coke and merchandise in less-than-carload lots, have not at some time in recent months declined below their previous low records in 1921. The loadings of miscellaneous freight, which includes manufactured goods, declined for the first time during January below the lowest point reached in the depression of 1921.
,January, 1932, was the first month in 12 yf\ars for which manufacturers of all types of locomotives reported no shipments. Unfilled orders at the end of the month amounted to 178, of which 130 represented an electrical conversion development. Shipments and orders for other classes of rolling stock tllso continued at a low level. Increased activity in locomotive and car shops of operating companies was reported in some sections of the country.
A slight decrease in the average number of idle freight cars was reported for the closing 8 days of January, but the snrplus was still 15 per cent above January, 1931, and 89 per cent above January, 1930. The January surplus was 21 per cent over the monthly average for 1931, and 59 per cent over the 1930 average.
Dividend payments of railroads during January totaled $42,500,000, compared with $56,000,000 in January, 1931, and $57,000,000 in January, 1930.
Traffic through the Cape Cod Canal declined nbout 20 per cent in volume during January as compared with December, and was 24 per cent under January last year. Traffic in the inland canals of the Northern States is practically at a standstill, due to the usual seasonal conditions. The Government-owned ba.rges operating on the Mississippi River decreased their tonnage during January as compared with December; however, the total was about 71 per cent greater than in January last year, and also greater than in 1930 by the same amount. The January, 1929, tonnage, however, was larger than the current Janua.ry. The volume of clearances of shipping from American ports rose very slightly during January, but was still about 3.4 per cent under January, 1931.
Traffic in Americ:m vessels through the Panama Canal in both directions during January was the lowest since the earlier years of the operation of the canal. .lamlar)' tonnage was 16 per cent under December and 32 per cent under January last year.
RAIL AND WATER TRAFFIC
Freight-car loading~ : i ~ Canal and rh'er traffic t:S,! ~t I ., . = e"' "'~
------ --- ------- -------------------,-----:-: --~--- I :a I H --------- ----,-- --- :; :: ~ 13 ~ F.R.B.Index: w t .1 1
«~ i ~ 1 ~~ J_ Canals River -;~ 0 Col'tO
-= .; 1 ; 1
~.. 1 a:; ! --·----- : ... ~ e~ ;,) 0 I ~ = : "" l I i I ~~~ cOQ
Year and I Ad· ; Unad- i month justed justed 1
;;
I <'> ' <'> :i -e I I !I ...
1
- - -- ---,~-------Monthly ! average, !
1929: ;anuar; ____ f~~~~925
==-1
-::- !11~'~7~ 1930: JanuarY-----~ 100 89 · 3, 470 IU:ll: I .January______ 82 7412,873
February _____ ! SO 74 : 2. ~!6 March ________ . SO 75 : 2. 940 ApriL-------i 80 77 :I 2. m:.o May---------' 70 79 ii 3, nc June_··--------! 77 77 ! 2, 992 July----------: 76 78 ·12. U3l August_ ______ ! 72 76 : :J, 7•17 September ____
1
: 69 78 _· 2. 9Jo October.----- 69 78 ·I 3, Sl3 l\:"nv~rr1her ·--- 6S 70 '\ 2, ti~O December ____ . on 61 : 2, zn
916 931
828 842 886 89!1
1, 09i ~,76 s~n
1, 069 841
!, OS1 f,Of. 742
~~~ I 7'"• January_____ 64 58 .! 2, 210 , •
t Daily average basis.
I 182 ' 160 :
163 105 153 151 ISO 140 220 zzg 149 193 14.1 112
"" .. = "' : ""= I I Mlss!s- ..... - ,Is a Cl "" .. ..!. i =;; I Sault I' New I Cape . sippi s·5: .., '" i .. ~ 'fj, , ~_,:: I Ste. York 1_ Cod I ((>ovt. ..-- ~i ~ ,? - .. ! 01 I' ·;:"' I Marie State 1 1 owned =~_3 ., " Q - 0 i ~ 15 I I barges) t 0 ~ --'----'---'----i--- -- ------------'--- ---------- ____ , __ _
Thousands of cars ' Thous. of Thousands of short tons Thous. or Tbous. of dollars long tons net tont
' 102 i bb ! 79 ' 85 !
106 'j"5
71 106
96 14.) i 75;) W4 ,\07
88 483
21 961 22 gg7 23 I, 105 29 l, 206 80 I 496
1!9 l: 1\12 J3Y l, l 13 li5 1, 413 ' 121 l, OS1 I; 102 1,-115 i
25 ~~~ I
• Data for January, May, August. and October are fur 5 weeks; other months, 4 weeks.
958 864 910 ~29 937 828 820 8.1!1 884 930 C/fi 774
1, 843 1,695 1, 773 2,092 2, 525 2, 241 2, 742 2, 734 2, 478 2.420 2 296 1:729
1, 781
12 SURVEY OF CURRENT BUSINESS March, 1932
Construction N EW low levels were recorded in construction
activity during January, as indicated by the continued recession in the Federal Reserve Board's index of building contract awards. The number of square feet of all contracts declined 27 per cent from the preceding month and approximately 50 per cent from January, 1931. In value, the contracts awarded receded 38 per cent from December, 63 per cent from Ja.nuary, 1931, and 74 per cent from the same month of 1930. New York City and vicinity reported the greatest activity in the industry, according to figures compiled by F. W. Dodge Corporation showing building contracts awarded during the month in 37 States. Awards in that district amounted to over $20,000,000, or 24 per cent of the total value. The Middle Atlantic States, outside New York, and the Chicag0 territory followed in importance, with awards of approximately $13,000,000 and $9,000,000, respectively, while both the New England States and the Pittsburgh territory let contracts totaling more than $7,500,000 each.
tively, and nearly 50 per cent in both items from January, 1931.
The value of public works and utilities awards, after increasing slightly from November to December, fell off in January to 48 per cent of the December total, and 25 per cent of the amount shown a year ago. In January, 1930, the contracts were more than five times as great. The measurable footage of these contracts, however, increased 7 per cent, but remained 24 per cent below those of the same month last year.
Maple-flooring shipments, which have continued a downward trend since .Tune, 1931, further receded 9 per cent from the preceding month. Likewise, oakflooring shipments declined slightly, while cement production fell off 16 per cent. New orders for structural steel were 50 per cent less than in December.
According to the Engineering News-l{ecord, construction costs, based upon the prices of structural steel shapes, cement, lumber, and the rates paid common labor, declined to the lowest point since the beginning of the general fall in prices, decreasing 2 per cent from December and 16 per cent below January, 1931. Building prices for frame and brick houses remained at the December level.
Residential building awards fell to the lowest point in years. Following a continued decline from last October, they decreased from December 22 per cent and 24 per cent in square footage and value, respec-
BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
'I 'I :1
Building
I Building materials material
1 prices
·~~~R.B.Ii ________ --~------ -JMapl .. 1 oak i ~~:~:~-~~- , - -Index (3 !, 1 fluor- i Ooor- ' ~:~t st;·uc- Ill
1 months!, , lug I lug , 1
tural , 1 mo•lng !: All types of Residential l'ublic works , 1 steel ''Frame Brick
Year and month I aHragl' !· construction buildiug and utilities : ' ! ____ , __ 1
i,house bouse
lor valllesil · 1 '
unad ... l: : l~ro- , New i: I justed) ]i Shipments due- : d :.
Building contracts award.:d Long-term reai-<'state
bonds
Con- ~e:>l· -~- --strue- , estate tion • k'!:ta~;-cost, . tlvlty- i To ft• Eng •. deeds uance
News- .record-' Total , n.-w Rec. ed eou-
1 struc. t.ion
I i: tion I or ers I:
~~~;~~~~~<~~~~~~,I.Mn- -: li~~~~fl Mil- s~;su~(i Mil- r;:u~~:dso~ ~~~lOll- i,;nhd~:JFirst c~f~o~=-=ntJ~~~~~~·i -~hou<anrlso~ 1: 1923- .: sqnare I lions of: squar£, lwns of square i honsorl: teet, board :sands .or: short !i ly average 19b=100 i erage I dollars 1ns=IOO ; faet I dollars. teet dollars feet ] dollars I! measure ! barrc1s I tons ~[ 1 1~2&= I
l [! I II I -- ~-----~,---- ---- ------ -----· ---~·--:~-------~----: --------: ··---~---- t --~----~-----.
1920: J:tnn~rY----------! 93 1 58.3' 40f\ 2V.:3 n:;.r 9-!7 78.9 5,211 f :{4,911 D,SSl f 2.~~0 1771 JS3 !1 209.4! S7.2 ~1.0~~ i J0,t~10
19JO· J,tnn·uv : 78 32.9 · 324 ,· 1J.8 l•G.G J, 18-1 136.8 :],5\Jii 1. 2s,oas: 8,4081 239 178 i JS2 1 201J.O i 7ii.O ... 3,3u3 .· 17,500 1931: . . • ----------~ I ' I i' I
January ___ ,_, ______ , 58 ;34 .. 36 I ns' 12.2. 5-1.4 393 95.2 2,35! !18,305 i 0,595 I 158 163 I 170 ,· 194.51 06.0 4,520 Vi50 Fehruary _______ . ___ i 68 _ 235 16.6 1 77.9 2~5 7:-tG ~.67~ I ~l,71a) 5,~.;? t 159 1~:1 1 1!1! 196.6 60.7 3,h90 1,.500
:r.MA~a,ryi7_~_-~_:_:_:_:_~_:_:_: ___ -:_-_:_l 7~~8 ~~:~ ~~~ ~~:~! 18~:~ ~§~ m:h 3:g~A f2~:m i ~~:~4~! ~~~ :g~! :;,~ i :~u II ~~:h ~:8~~ :;r& 38.9 306 21.9! 8~.9 387 105.9 3,315 27.745 I J.l,OlO 152 1001 1C7 i 189.3 61.3 9.485 0
June ______________ _i 74 33.7 316 J~·.~ I 7~.7 1,117 J.\0.8 3,77x I ~3.131 14,118 172 158! IG6. 187.21 58.4 3,425. 1,000 July ________________ ; 63 33.8 286 63.9 I, 2:l3 110.3 3, 447 2.5, 691 13.899 160 155 1
1 164 i 174.41 61.1 775 GOO
August. ____________ ] 63 30.6 233 14.1 : 60.2 7;{7 73.0 3, 397 21,464 13.5-19 124 156 163 ! 171.4 59.8 2,100 565 September_ ________ ! 59 30.1 21il 13.0 54.6 353 85.1 3,144 19,4~/l !2,092 · 194 ': 154 ltil: 171.4 00.3 66,7S.S 395 October.. __________ ] 52, 30.7 242 1.5.2t 60.5 171 82.5 2,703 !8,203 10,762] 10911 151) 11121 169.8 63.2 9,125 500 November_ _______ _! 43 ;I 20.5 151 11.0 1 45.3 271 47.4 2.4Rl 13.907 8,161' 91 I• 158 163 .: Hi9.3 59.0 2,619 725 December _________ 1
1
30 d 17.2 137 8.8 · 36.2 280 50.3 l,V28 12,976 5,?74. 98 L)G !til! JGG.2: 64.5 3,lb5 0 1
:3
:~a~~u~~Y--=:--~-~-·---~·7-L 12.s_ __ ~1__~ 21 •• > __ aoo 2u: 1,759 i u,G73 t,9s9. 49 • m m 16U ~--------: 1,o;5 2to
March, 1932 SURVEY OF CURRENT BUSINESS 13
Agriculture W HEAT production in the world as a whole, with
the exception of Russia and China, is showing a notable decline for the first time in seven years. The export surplus of the United States as of January 1 amounted to about 300,000,000 bushels, compared with 230,000,000 bushels as of January 1, 1931, but the surplus actually available for export in the current senson is much smaller on account of the large holdings of the Stabilization Corporation.
·while recent re.ports indicate that the production of cotton outside the United States has been materially rC>duced, yet world production is still relatively high. Cotton fr.rmcrs in the lTnited States reduced their acreage by about 10 per cent and used less fertilizer in 10:11, but the weather was favorable and weeYil darnH[!:e was small, so that the yield was one of the highest on record. The supply of cctton in Hl:31-32 is 5,500-00U bnlcs larger than it was in 1930-31, and is 2,400,-000 hales lergcr than the preyious high record supply of 1\!26-27. At the close of Jan_um-y the stocks of cotton in the United States were about 3 per cent under the stocks nt the close of December, hut were 22 per eent over January, Hl31, and G1 per cent over January, 1\X-lO.
"\Yorlcl consumption of both American nnd foreign cottons fell oft' 2,700,000 bales during the pnst year and 3,400,000 bales during the past two years. This decline has been principally in American cotton. Domestic
cotton marketings in January were 17 per cent under the December marketings, but were 108 per cent greater than in January 1931.
In spite of a reduced consumer demand the world wool production has continued high, resulting in an almost continuous decline in wool prices from 1928 to the present.
At the beginning of the 1931-32 season, the total supply of corn, including cn,rry-over, was 24 per cent more than the short supplies a~ the beginning of the prevwns season. The domestic demand for corn has been rrstricted by large s11pplit•s in normally lowproduciHg regions, the small quantity used in XPnnufacturc, the low price of wheat, and the low purchasing power of fnrmers in those nrens ¥:bcre supplies are shortest.
The :nmuft.l inventory of livestock nnmbers as of Jnmwry 1, Hl32, rcYeals that the country's total flecks nnd hn·ds increased slightly, ahont 2 per cent, dming tho past year. The total Yalue of liYestock, howeycr, dropped from $4,450,000,000 a :vesT ago to $3,196,000,-000. In the case of dairy cows there has bcon an increase of 3.5 per cent in number during the past year, but the aY<>rage dairy animal is now valued at $40 as eompnred ·with $57 a ye1tr ago. The totnl number of hogs incrensed 9.4 per cent, or by more than 5,000,000, but suffered the most dmstic decline in price of any class of stock during the past year.
INDEXES OF AGRICULTURAL MARKETING AND STOCKS
I '·
~----- __ __ --~:~e~~ 0~ r:mketi~- ___________________________ I: Indexes of stocks, end or
I · 1 montb
Animal products 1 Crops 1:
----------~---~-- I --.- -~-----~---:-- I 1,--n-,h-ea_t_, ~,------,---1 Com- Uve- Poultry I Dairy (om- I I Vege- I 1, >lsible Meats, Cotton, I bined Wool stock land eggs products Fish 1 bined 1 Grains tables Fruits j Cotton : supply, eold- United
1
Index ________ I ____ i_ __ _l __ __: Index _I _____ ! _____ l ____ _[ I, ~~~~:: I storage States
Year and month
Monthly average, 1923-1925=100 -~---- -------------------------------- ---~- ·- ------------- ------~-- ---------
I 95. s 1
I I 100.0 i 72.0 !
I 192\J: January ____ , ____ . 34.2 ! 102.1 i 85.2 94.9 87.3 ~HJ. 2 i 94.2 ~~- 1 I 221.5 122. 6 !GO. 8 1930: January ________ _I 94. 7 i 49. 0 I 98.3 I 88. (j 91.9 134. 7 . 75. 7 79.4 I 88.; 53.0 • 1~1. 5 287.7 101.4 192.3 1931: I I
25.31 96.21 January.----------\ ut 1 1 95.0 96.4 ' 103. 4 I 74.3 81.0 i 98.0 70.2 64.0 335. g 100.1 254.2
n!~rc'ha~:----~~~::::: I so. 5 1 50.81 79. b 9-1.0' 91.3 116.2 ' 66. s b4. 6 91.1 6S.1 45. I 343.7 !i4. 0 235.8 91. o I 61.9 79.6 1 131.8 102.9 169.4 ' C4. 4 so. 0 10-t3 i 75.1 38.6 352.7 111.8 216.4
ApriL------------~ 101.2 78.2 I sz. 6 1 137.0 113.1 I 174.3 i 53.1 1 63.9 93.3 ' 70.6 29.8 339. s 114. s 196.9 May ______________ 106. 7 197.) I SO. 2 I 125.6 . 130.9 ' 138.51 62.0 i 69.0 135.6 1 102.2 28.3 3iW.4 110.8 179.5
i~fi~iE:::::::::t liS. 0 I 405.4 1 77. fJ I 115.6 156.6 ' 144.5 55.2 I 6R. 6 165.8 i 8~.8 9.1 324.7 105.8 162.3 105.21 573.2 1 72.6 i 88.6 123.6 . 161.2 103. o 1 182.9 1 103. 4 ' UUI 22.6 370.4 98.7 146.8 94.3 259.61 ;;z. 5 I 88.0 96.3 ' 189.3 : 83.9 ' lilO.O I 64.1 29.2 413.5 83.3 140.1
September.-------' 91.51 125.1 ss. 3 I 88.4 90.5 160. I : 119.3 i 79.81 103.2 i 129.2 152.1 407.7 66.6 188.1 October ________ .--1 96.6 49.5 104.2 1 75. 4 92.6 140.5 : 219.2 1 84.0 131.9 i 191. I 366.7 393.4 52.8 281.0 November. __ . .---
~~j! 46. ·'I 96.2 1 1!7. 2 94.9 . 117.2 : 158.5 I 65.9 79.1 • 96.8 274. 9 3919 54.6 :l22.8 DecembeL.----·-1 40.3 89.9 i 136. 6 99.7 79.7 : 96.4' 41.7 1 70.5 : 62.9 159.6 ' 375.5 76. s I 320.7
1932: ' 91,51 37.1 i 89,3 ! 88,7 : 88. s I 46.2 ! January _________ , 77.8 103,2 82.3 . 67,7 133.1 I 360,7 91.41 310,4 I
' I I I
14 SURVEY OF CURRENT BUSINESS March, 1932
Iron and Steel Indus try OTHER than a slight seasonal expansion, reflected
principally by increased production of steel ingots, operations in the iron and steel industry during January showed little change from the depression low of December. According to the adjusted index of the Federal Reserve Board, total output for the month increased only 2.5 per cent over December, as against a gain of 8.4 per cent in ,January, 1931. The steel industry operated at 27 per cent of capacity, compared to 24 per cent in December and 43 per cent a year ago. Un1illed orders of the United States Steel Corporation, which have steadily decreased since March, 1031, again fell off 3.1 per cent. The .January total represents little more than 60 per cent of orders on hand at the end of ~fanuary in the past three years. The rate of operations for the first three weeks of February indicates no gain over January in avernge daily output, and it is unlikely that total production for the month will maintain the January showing.
falling to 31,3Gu tons. Howeyer, the monthly output decreased only approximately 0.7 per cent from the total of December; it was 43 per cent below January, 1931.
New orders and shipments of fabricated structural steel were drastically reduced for the month, indicating a more thftn usual seasonal dullness in construction activity. The totals show the largest percentage declines for the month in many years (50 per cent and 4G per cent, respectively). New orders reached only about one-third those recorded for this period a year ago, "·hile shipments are down approximately 60 per cent. The exreedingly low January total for iron and steel exports wns 28 per cent below December, and was less than half tlw ,January, 19~H, amount. Imports increased 24 per cent over December, but remnined 26 per cent below those in the same month lust ycnr.
Prices continued weak during January and further declines were indicated by quotations in the first half of February. Bessemer steel billets were quoted 3.6 per cent lower than in December. The trend for composite iron and steel, structural steel beams, and composite finished steel prices '.vas also downward. Prices for heavy melting scrap steel fell to $8.33 per ton from early January quotations of $8.50; continued recession has occurred during the first three weeks of February.
Production of steel ingots increased 12 per cent over the December output but declined 41 per cent from ,January of last year. 'l'he total was less than onethird the output of January, 1929. Ivfangancse-ore imports more than doubled during the month, reaching the same amount imported in January, 1n:n.
A new record low for the depression was est11 blished in the pig-iron industry, the daily production rate
Year and month
IRON AND STEEL STATISTICS
ii i 
March, 1932 SURVEY OF CURRENT BUSINESS 15
Chemical Industries E.HPLOYMENT in the chemical and allied prod
urts industry continued to deeline in tlt~nnary, the change, however, being slight. In the nyon, fertilizer, nnd druggists' preparnt.ion groups employment increased slightly. At the present time employment is approximately 15 per cent less than a year ngo. Pay rolls also continued to decline in January, being about 5 per cent less than in the month previous and 20 per cent below' a year ngo. The drop in pay rolls was efl"ectivc in all branches of the industry.
Stocks of chemical raw materials declined slightly in January, while stocks of manufactured goods increased as compared with the revised estimate for the previous month. The decline in raw-material stocks was somewhat less than the usual seasonal moYcrnent, while the rise in manufactured stocks was quite normal for this month. As compared with previous years, raw-material supplies on hand are about 10 per cent greater than a year ago and at the same level as two years ago, while supplies of manufactured goods are at about the same level as a year ago and slightly higher than two years ago.
Ethyl-alcohol production was slight;ly less in December than in November. Production has been running nbout a fourth less than is usual at this season for the pnst few ye.ars,~.while warehouse stocks at the end of Deeember were t.he smallest in five years.
The production of explosives reached a new low point in December, a fourth less than output in the month previous and at this time a year ago and 40 per cent less than two years ago. New orders nlso declined in December, while stocks have remained unchanged for several months.
Wood-rosin production in ,January was about the same as in December. Present output is about 5 per cent less than a year ago. Stocks at plants increased slightly but haYe been materially reduced in the past six months. the present volume being 25 per cent below a ;year ago. \.Yood turpentine output declined a small iimount in January, in this month being aboLlt u fourth less than a year ago. Stoeks at plants have been increasing for the pnst three months.
By-produet-coke production declined to a new low point in January, about two-thirds nnd half of output one and two years ago, respectively.
Fertilizer consumption in Southern States increased sensonully in January, present takings, however, were only a half of the consumption a year ago.
Imports of potash salts and of nitrate of soda increased in January as compared with December to the extent of about 35 and 75 per cent, respectively. Present imports of potash salts are over 60 per cent less than a year ago, and of nitrate of soda about a third loss.
CHEMICALS STATISTICS ----------------------- ---·-- "-
-------------~--------.---···------
ii ,,
- -~mpl:;-.::;--,, St k 1: ar:::~l! F. R. B. Indexes fl oc 8 ii !
General operations
Year and month -==-~nad~ r~i-~~~~~~~~~r~a~-t-justed justed: unad- 1 tured '. t:l~j8 1'. ' jJusted 11 goods • :
I !I I ,'
------------------------
192\l: January-·--·-------------- ----i 1930: January_······--···----·------1931: I January _____ . ___ . __ .. __________
February--------· __________ -· __ March _________ ·- ........ ________ ApriL---------·-·.--·-------·--May_------- _________________ .. June _____________ ---------------July---------- ____ ------------ __ A u~ust. _________ ..... ____ ·--- ... Septem her ____________ . _________ October __ ----- _________ ·-------November .•.. ---·----·--······· December ______________________
!1!32: January·-----·----------------
. ·------------·-----~----- -------~~
Monthly average, !923-1925-100 11 Thous.
of gals.
--,---·
108.0 I 107.6 JOG. 3 125.5 125.2 l! 15,282 Ill.! llO. 6 109.3 136.7 liS. 4 II 11,601
'i 96.6 96.2 90.4 128.8 107.7 :, 11,869 94.5 ' 95.6 92.9 130.7 103.2 I• 8,859 !i 89.8 93.3 89.8 132.0 96.5 :! 11,929 91.7 96.7 92.0 129.0 91.5 1: 11, 162 93.0 91.4 88.4 129.3 88.4 13, 120 89.6 86.7 84.1 124. l 87.9 j, 13, lll 89.4 86.2 82.9 119.2 86.7 I Jl, 975
' I· 86.6 84.4 80.4 117.4 85.3 !'
12.363 85.7 86.0 80.8 120.4 99.5 12,952 85.4 85.7 80.8 127.0 120.7 i 16,037 83.1 ! 83.5 76.4 131.9 133.9 : 14,084 81.9 82.0 75.0 126. 9
I 119.3 i 14,002
81.9 81.7 71.4 129.6 I
ll8.1 ,-----------
I
!---~-~--T--T-----~-~----~------~,----
i Tur·fs I By- A 1 Explo- i Rosin, ! ~en- pb~~~- prod- se.!'t~. ! Fertl- :Potash Nitrate
slves wood _l_!:~~-J phatesl c'!tte (cOn:dl_llz:~ ~-=~~[soda
Production I : 1 Con- 1 1 sun•P-l Imports I tion !
Tho~.-~---- --------:~boos. of short ~h::l Tb:: I of lbs. Barrels . tons tons I of short I' Long tollJ
tons . I I
-~~; ~~g -, ~~: ~~~ ~: gf~ -- ~~g I ii~- ~!~II, -~~ i~g; ~~~- ~~: ~~~ 26.844 24.488 4, 757 ' 326 3, 092 1, 570 344141, 663 45,890 28, 751 32, 332 5, G34 i 249 2, 898 I, 409 'I 640 33. 822 68, 421 25.414 33.544 5, 740 ' 226 3, 256 I, 506 I, 352160,394 120, 164 27,647 35,.585 6. 344 195 3, 146 9~4 1,132 30,206 67,008 26, 9fJO 33,593 5, 996 162 3,126 1, 044 1 195 17,706 34,006 2s, 981 34, 747 5, 675 146 2, 11s 1, o24 1 74 i 14, 6so 29, 1n 25, 068 28,495 4. 370 143 2, 569 9971 25 167,958 18,809 24,548 17.074 2, 607 : 162 2. 443 I, 238 40 65,043 35,367 26,598 25, 058 3. 797 ' 142 2, 310 1, 2fi2 91 166.440 48, 590 25. 282 26. 102 3. 922 141 2, 389 1, 180 ' 94 50, 071 33,968 24.509 21,440 3, 547 . 143 2, 276 I, 126 I 66 12,872129,871 18,595 23,242 3,733 188 2,2;)4 l,li2, 6711,998 17,029
18,175 23, 196 3, 626 2,101 857 I 172 I 16,268 30, 1U
16 SURVEY OF CURRENT BUSINESS March, 1932
Automobiles and Rubber FAILURE of the retail demand to meet the expec
tations raised by the wide interest displayed at the automobile shows has resulted in some scaling down of schedules, with the result that the production impetus of December has not been maintained. Actual output in January was not far below the December total and there was a slight gain for passenger cars, but the adjusted index of production declined sharply in the absence of the usual seasonal increase. Preliminary statistics on passenger-car registrations in January show no increase oYer the December total, although in ,January, Hl31, there was a g:Hin of nearly one-third. Truck registl'ations were somewhat higher tlwn in December, but the in(·ree3e was not prono:mced. The announcement of new awdcls by OllC c1f the leaders in the low-priced field has stimnlatcd renPwcd inicrest and eliminatetl one of the major uncertainties of the industry; hom:wer, rcnGwed nctiYity of this company is expected to be reflected in the :\f arch statistics rather tlum for the current mnnth.
Actual output in the United E.tntes and Canada in January numbered 123,075 cars and trucks, a dedinc of 31 per cent from the corre;;pon(ling month of 1931. P:lbsenger-car output in the ·Fnited St.n.tcs was 2 per cent higher, but truck Jll'O{lnction declined L) per cent. Export statistics for January reveal no rcvivnl of foreign demand, with shipments of both pasE;enger
cars and trucks falling below the December totals. Exports of passenger cars were only about half as large as in January, 1931, while truck exports were down 45 per cent. In value, January exports of autos, parts, and accessories v;ere $1,160,000 less than in December and $7,767,000 below J·anuary, 1931, declines of 15 per cent and 53 per cent, respectively.
Stocks of nude rubber continue at an exceptionally high level, and there was a further increase in January. Prices have remained weak under the burden of excessive supplies, and the 1\cw York price recently fell below 4 cents u pound. Imports of crude rubber in to the United Stntes dropped to more normal le.-els in ,Janunry fcllowing the upward movement in the f.nal qwuter of 193l. Jm:umT import.s were !!.bout onetllinl less tbm in December, but only a bout. 10 per cellt bdmv the same nwnth of 1031. Consumptiort of crude ru bher in the United States increased. seasonally in ,T:<nurrry with a gain of over one-fonrth comp:red "·iih [.he December t.otd.
December out1mt d [meum.ntic casings iw;ren:O.cd over the lmY figme for t.Jw preceding month, but shipll'ents were tbe lowest of the year following the small l\oyember gain. For the year 1031, production \Yas fairly well maintained, and total output was only 4A per cent hclow 1030. Shipmeuts for the yPar declined G.7 per cent in comparison with J 930.
AUTOMOBILE AND RUBBER STATISTICS
Automobile production Automobile exports l
:i Automohlle Pnommatlc tires Crude rubber
11 1! financing
----,..---1: Auto- ;: __________ ------ ------ --· United States l1canada 1 ~~mobile 'i
II \ :! acces- 11 1 -----·------- ----- -------.:----·-- ·1 : s<.riPs,[i /:~ By
•F.R.B.' ' Pas- ! li Total Passen-1 Trucks·: ship- If wsa~ee- ('On-l"a_~e_x, Total sen• Taxi· I Trucks!: pro- ger cars i . ru"nts I! deal• "~:::-
Pro• ductlon
Domestic shipments
World Im- stocks, ports end of
montb ju -ted ger cabs :. [• due- I II ers
s 1 cars i : tton 1
11 ,
Year and montb
Month·· ly av·
erages, 1923-
, 1925= 100
1929: January ___________________ , 142 l~JU: JJ.nuary _______ -----------1 97 1931: I
~[~'~;_;;; ••••-•••:·::::1
63 6R 67 77 78 65
~u~~lisi~~ ~ == == == == == ========:I 60 52
September.·---·-·-----···- -I 40
~~~~~,rber::::::::::::::::::i 26 36 I
1932~ecember _________________ --~ 66 :I January ___ .. ----------··-- 45 i
!
Thousands
138 180 231 286 271 210 184 155 109 58
I
48 97
ll9 99 I
I
______ )__ __ t______ - --!: ________ _ Januy ::
2, 064 : 53,428 967 39,406
512 i
33.531 529
' 39,521
410 45,161 665 50,022 840 45,688 360 40,2H 180 34,317 104 31,772 141 31,338 651 21,727 ggg 19,683
1,144 23,636
97 20, 5!1
i
'
Number
21, 50! .: 2'1, 6331 10, 388 !I 15,293 I
6, 496 :: 8, 5881 9, 871 •j 9, 187
12, 9(!3 [! 11, 526 11, 159 .: u, 228 1 12, 738 ij 8, 468 .
6, 835 :1
5, 843 4, 220 ij 6, 478 4, 544 !i 5, 699 2, 646 il 4, 577 1, 440 ,, 3, 207
1, 247 '.I I, 928 2, 432 1 5, 753
3, 731 :1
4, H4
ary, II Millions of 1925= '' dollars
Thousands Long tons 100 I!
. i: .
13,o:l2':[,--7-71:--3-7 ~-7-.51------. 57,581 ,1
1 210,766
12, 876 ' 791: 52 : 73 ' 47,904 ' 3-!5, 144
4. 642 .' 46 • 40 I 62 ~ 2. 940 ~ 2. 855 36. 5981460.479 4, 187 ·, 53 . 50 66 : 3, 188 : z. 580 34,374 I 471,285 6, 002 i 65 1 63 92 I 3, no : 3. 143 40, 788 487, 716 5, 499 · 66 71 1 113 : 3, 955 ; 3, 804 44.9081487,696 4, 498 61 73 I 109 ~ 4, 543 I 4, 197 35,844 497,707 4, 340 61 : 58 . 1o5 : 4, 538 1 4, azo 1 46. 939 496. 238 3, .118 !'7 i 49 I 96 I 3, 941 i 4, 244 I 44,052 ! 509, 139 2, 356 66 44 so 1 3, 125 , 3, 845 : 39,033 'j5ll, 754 4. 171 66 36 68 ' 2, 538 ' 3, 034 i 38,933 519, 846 4, 500 80 26 61 1 2, 3791' 2, 185 I 41,398 .539, 907 1, 184 73 161 49 : 2, 001 2, 223 : 45, 103 ! 566, 429 3, 333 66 29 50 2, 115[ 2,111 : 53,818 I' 586, on
i 2, 515 ss _______ T ________ 1
aa, 552 i 616,548
March, l\J32 SURVEY OF CURRENT BUSINESS 17
Textile Industry GENERAL improvement was registered in the tex
tile industry in January as compared with the prece<ling month, and in some instances activity was greater than for more than a year.
Raw-cotton consumption averaged 17,100 running bales per working day in January, 1932, 7 per cent more than in December, 1931, compared with the usual seasonal increase of 5 per cent. \V eekly average production of 300 classifications or con:otruetions of carded cotton cloths, 58,177,000 yards, was 14 per cent larger in January than in December. Sales of thes(' cot.ton cloths totaled 84,500,000 ynrds per week, the largest weekly avPrage for nny month sineP September, 1929, and were nenrly one and one-half times the current output. Shipments exceeded production by 1G per cent, thus causing stocks at the end of January to be 13 per cent less than at the end of the preePding month, nnd 2R per cent less than at the same time in 1931. Stocks on January 31 \vere sufficient to iill only about two-thirds of the orders on producers' books. Unfilled orders at the end of JaDuary were 22 per cent larger than at the end of December, and equivalent to nearly 7 weeks' output at the January rate of production. Fairchild's wholesale price index of cotton manufactures averaged the same in January as in December, the f1rst time it had remained steady for
two consecuti \'e months for nearly a year. As compared with the pre-war awrage, prices of cotton goods, as shown by the F<tirchild's index, in Jnnuary were 15 per cent lower.
\Vool receipts at Boston in January were much larger than in any month since September, and 4 per eent more than in ,January, Hl31, but were nearly onefourth lf'ss than in the same month two years ngo. Aeti vity of woolen spindles increased sharply during .hmwry to 53 per cent of cnpaeity, a rate r.bout equal to that of Oetober, 1931. vVorsted spindles also were operatrd at a slightly higher percentage of capacity in January, but the rate of oprrntion wns slightly lower than in January a year ago. 1\o change has occurred in the price of territory fine staple wool at Boston for seyeral months, although the current price, 58 cents per pound, is lfi per cent lower than in January, 1931.
Haw-silk deliveries to American mills in January, 58,79:3 bales, were the largest in any one month on record, except August, 1929, when deliveries totaled 59,704 bales. January silk deliveries repn'sented an increase of 21 per cent over those in December, 1931. Prices of silk and rayon averaged 3.3 per cent lower in January than in the preceding month, and about onefourth lower than in January a year ago.
TEXTILE STATISTICS
Year and montb
Cotton, raw
i 'C • .I • 1 = :e ·I .e-! =~= :: .... E '==o I
I e.:! ·I :13
I i::~ ·I :a~ 1 .s:~ ,II. ~ I 00 I 00
1
,---i; : \Iouth-; ; ly av- ; i Th I; Mil-; erage, Bales lsand'su~fillio_ns of I 1923- I bales 'I spmdle
Wool " I
Wool manu- 'II Silk :1 ::!~ ! factures
11 ; rayon
Cotton fpxtiJes (23 groups of ~ e ~--1 ti~~ I--;;::~~-~ l i -·I !:\ textile constructions) ' !5.8 =-.; 1:§ ;-= spindles li a ' "ii
---------, ---,---!1 ~"CC .... ~~. l .... t1i;.. i ___ = ~~~,----.::..,-----:i,l .... _: ; Q I I.,. ' .. ._.c; I .. '-,c:j ·I -;:a i< W...., - w Q,) e; ~= Q.-= .:¢~ ~t¢= 11 ~~~ li =-a .. J=-· ~ I ..- ~~ t ~ ]~ ;;~ ~is ~~ia:.:~:&t11 I- ~~=8s· -g 1 ~ i' ~ ,Q
~-~--~~--~~----~""---:.!--:: -=---It~--~ \__! __ :_~1 = ==
I :\lonth-:1 ' I • 'I I ' Month i ly ~.v~ :1 Thou·~ Dol· \ Per cent of ac~ 1 ly av-
Cotton manufactures
Thousands of yards
: 1912~= I 1; hours
;i~~f;g;~~:~::::::::::::::::::i ~ ~?~:i~~ll,, ggi 11!1-ii~~! ~i~:~~~ 1931:
~~~,~~~!r;.-~::::::::::::::::: 1 :~~:m li ~:~~~ .: u~~ 1 ~?~: l~~
:; e{g~'j~' !!sands oflars per I tive hours to '.; Bales erage, 'I' 1913= ::pounds, pound total reported '· 1926= : 100 ;! \ I ICO
I --:-- -- -- --!~---:: I - ' 345,354 : 3§9, 1951 ~4o, 585 'I 165
11 1~. 673
1 1. 12
331,481 I 4D2, 819 391,571 152 'IJD, 828 1 • 81 I I I
210,597 ; 355,514 I ;m. 465 (1
120 1\19,795 , 248,354 319,:128 395,802 ,'' ll9 :'113,2691
.68
. 66 • 66
84.3 75.2
49.0 47.0 45.8 43.4 41. 4 41.9 43.8 43. 7 43.5 41.7 41.8 39.0
317,185 273,781 373,951 !i 121 ,, 13,279 217,582 282. 154 294, 118 i' 11911 17,775 205, 603 :JOI, 94:1 248, 544 I 115 i 30, 341 273, 8il i 2r:B, 235 330,575 ;. 112 ! 56,743 21!,331 I 26~,449 277,5U7 I' Ill ,i 79,381 I 227.644 250,855 217,508 ;' 100 I! 36,850 . 278,049 i 244,924 227, 157 I 95 II 18,707 216,207 ! 255,833 344,639 I' 91 9, 628 213, ss9 273, 3vo 351,957 ' s?
11 7, oz6
237, 831 290, 248 322, 039 8S li 7, 577
268,899 254, o.;s 391,150 85 1! 11,235
MarclL .. ~~-----·~-~~~--~--1 490,509 8, 136/'' 7,000! 271,638 ApriL .... ~-~~~~-~---------~ 50~,691 I 7,404 'I 7,125; 225,955 !\,lay _______________________ ; 465,363 1 6t 748 1 6, 733: 2~5,3U2 June.~----~-~---~.~~·----~-· 453,901 1 6,102116,630' 250,163 JulY~--~-~-~----~·---~~--~~' 450,8S4 1 5,5201 6,528 1 192,545 August_ ____ ~~~~~----·-~~~~' 425,819 i 5,266, 6,193 ~ 209,050 September_ __ ~~~----~~-·---' 463,704, 7,072\ 6,540, 272,118 OctobeL.~~~~~~~-~-~----~-' 462,025 10,566 q 6,595 227,116 November~~--·- .. --~-~--~-.1 428,870 12,137 1
1
6,014 231,446 December.~-----~-~-----~--1 415,517 12,0561 5,951 254,692
1932
~an_ua'?'_~:_:~~-~ =~~: :~:J ---- --~~~~~-7~ 11,669 i 6, m 232,707 ---~--------- --
' Months do not contain same number of weeks.
103384-32-3
6'' : ~31 : o2 . 63 I • 62 I
: ~~ I . 58
I .liS \ 37.7
18 SURVEY OF CURRENT BUSINESS March, 1932
Food Industries FOOD products processed during January ·were in
about the same volume as in December, according to the seasonally adjusted index of the Federal Reserve Board. The adjusted index of employment declined slightly during January and was below ,January last year.
vegetable canning adversely. Canned fruits are moving slowly, and the position of the market is less favorable than at the opening of February.
·wheat and other grains have reacted favorably to the financial news from \V ashington, stronger markets abroad, and an increasing foreign demand. There is evidence of diminishing stocks in Europe, as well as decreased crops in the principal wheat-raising countries. The first official estimate on the Argentine crop is for a yield 8.5 per cent below last year, and the winter crop in 11 countries is indicated as smaller than last year, largely as a result of a marked decline in United States so wings.
Wholesale prices of food products in general registered a new low for the depression, and were 20 per cent under January last year. Dairy products have been in a more favorable position than most other farm products, the prices of dairy products during the past two years having declined only about one-third, while farm products as a whole have declined one-half. Dairy prices have followed approximately the price level for all commodities, whereas farm products as a group have fallen far below that level. However, such prices developed acute weakness in January and showed the greatest loss of any group.
Springlike winter continues a deterring influence in the canned-vegetable industry. Long-distance truck shipments are delivering into most markets a greater tonnage of stored vegetables like potatoes and new vegetables such as string beans, and the absence of storms permits these farm products to be spread before the daily shoppers, all of which tends to influence
Marketing of animnJ products during January showed a slight loss from the December marketings,. but was 3.4 per cent greater than in January last year. The volume of cold-storage meats at the close of January was the largest since August, but was almost 9 per cent under January, 1931.
Year and month
FOODSTUFFS
A narrow price movement continues to characterize coffee. The market is awaiting further developments in the destruction plans in Brazil. All varieties of tea in London have been steadier since the opening of February, and the New York market has been quiet.
STATISTICS
I F~ ~.;7••· II 1 11 I ~i w•lea; ~~ ~ ~~-l-- ;~: __ 'i_J_'"'7 ,..~:~ I ~ 1 • !'l ClJ ~a , - , ,...-= ., • 1 - =-~ ::§ I' i -s., ~ 1
----1---;-11 ! = == 'I ~"' i ,.. ... i:j = t.r l' ~"' ""-:; ~c .$ '::~ -""' .,. .,. ; 'C • _...,. =rJ:l C; - _.....,. 1
1 ;::-w =-w -bll =- 111: Wl Q = c., 1 .,~ · "" ~ g- 1 !!.~ I ., e ~;; ~~ :. ~ .,riJ .. • - ~ -:; ..
I ~~
1 !i :
1
, i ..... - I ~= ! ~"'ro -:= s:; ~~~ !i rE~ "" e.s: ! "t) ~ J.c .. ~ = = c = ~ e o;; 1 ... e 1 -.21 ~ ~~= e'" ~~ ... e !:'! il:~ ! e ~ '=:; ~1 =.:; I ... =. a : ~ 1 e='g g, J ': ~ ~~ J ~ btl = ~ = c;
t· i ~· i .~ J 5 ~--ILl£'"~ r~l! ~- ;: I ~ I a I ~ ~~]I :~ . Monthly ! ~~- j' Monthly .,~ • Millions of .,~ ~'ll I e1£ -g., average, i :;:; " II average, Millions of bushels ... :g ... ., Thousands ' o, 1 " " ~
1923-192,,=100 : i:j lill\! , 1923-1925=100 " i bushels "" ·- o l(l il' l(l0
.o ' 0 I =3.0 :;..o I I ::: ~ I ,.g.s ..c= I ::S - il I A ! A ' ::S 8 8
------------------ ------i--!1 ---- l ]-- ------~---!~-- -- ·------1031 99.£i 9~.91.1_ ~?·2195.8 231 130 101 1.14]: 40 28 0.93 1,63911 5,1?3! 1,1651 325, 1929: January _________ _
1930: January _________ _ U!31: January ___________ _
February--- ______ _ March ____________ _ ApriL ____________ _ May ______________ _ June ______________ _ July _______________ _ August_ ___________ _ September.--------October-------- ___ _ November---------December _________ _
1932: January __ --------
96 98., 1 9<.3 11 '"· 1 94.7 18, 169 14 I 1.22]: 31 Hi .85 1,639 4, no 1 972 269
931 91.2 j 80. 7 li 74.3 9845 .. 57 l,i 29 I 197 6 0 71 II 19 18 0 65 1, 508 I 4, 652 'I 959 I 204 921 90. 3 I 78.0 II 66.81 31 202 4 0 71 : 21 20 0 61 1, 303 j 3, 704 1, 092 I 364 87 89.9 : 77.6 !'.·. 64.4 94.0 i 3211 I 207 5 0 71 II. 19 22 0 60 1, 535 ' 3, 207 I 1, 072 II 515 961 90.6 I 76. 311 53.1 101. 2 I 200 7 0 75 : 17 20 0 58 1, 6171 3, 067 I 1, 100 415 91 90.8 1 n.8 i 62.o 106.1 I' 81 198 10. . 76 i 11 12 .56 1,551 2,938; 1,062 313, 83 88. 7 i 73. 3 ; 55. 2 118.0 [II 30 191 12 I 0 67 I. 13 8 0 58 1, 540 : 2, 854 I 1, 014 I 382 . 881 88. 1 . 74.0 II 103.0 105.2 104 218 1127 I 0 47 ,, 16 98 i 0 57 11 •• 842881 'II 2, 511 I ~~~8611' 413 88 88.1 74.6 I 83.9 94.3 61 243 I .51 1: 11 I .46 2,454 i " 533302. 8,9 87.~ 73.7' 119.3 91.51 39 239 12 .561: 8 6 .42 1,797 2.727. 638 93 85. o 73. 3 : 219. 2 96. 6 33 231 15 • . 58 1' 14 71 . 38 2, 137 i 3, 462 I 506 I 269 1
90 85.9 71.0 I 158.5 97.5 26 230 1311 0 691'] 12 10 ' 0 43 1, 866 I 3, 752 i 523 I 189 I
891 86. 3 69. 1 ' 96. 4 97. 21 14 221 128 0 60 I 11 13 I 0 37 1, 453 I 4, 210 i 736[i 218
89 85,3 6{. 7 I 88.6 91.5 17 2121 ,61 ,: 10 15 I .37 1,3761 4,2181 876 I 289 I
1,033 1, 036
1,094 1, 289 1, 407 1, 126 1, 415 1, 037 1,100
884 7% 1'07 936
1, 203
1,220
March, 1932 SURVEY OF CURRENT BUSINESS 19
Forest Products I UMBER productioc. during January declined
-' slightly but entirely seasonally, and the adjusted index of the Federal Reserve Board remained unchanged. The present level of output is the lowest recorded, 42 per cent under this time last year and 64 per cent below production in January, 1930.
Employment in the forest-products industry declined still further in January. All sections of the industry were affected except the turpentine and rosin group, in which employment increased slightly. The present level of employment is the lowest recorded at this time of year, being 22 per cent below a year ago and but slightly more than half of two yea.rs ago.
Pay rolls also continued to drop in January. The rate of decline has been greater than that for employment, reflecting further wage adjustments and parttime employment in the industry. Pay rolls are at present about 40 per cent below a year ago.
The volume of marketings of forest products in January was the lowest on record. The decline from December was about a fourth of the total of that month, or about the same as the deeline fromJ anuary a year ago.
Naval-stores marketings registered the usual sharp curtailment between December and January, the decline being somewhat greater than usual. January shipments, which were the smallest yet recorded for this month, were about a third less than those of a. year ago.
Production and orders for southern pine increased in January, but are still at very low levels. New and unfilled orders were up 36 and 20 per cent, respectively, as compared with December, while production increased only 3 per cent.
Douglas fir production increased in January over the record low level of December. New and unfilled orders rose sharply, but partly seasonally. Present production is about a third less than a year ago and only half of the output two years ago, with new orders down by about the same proportion and unfilled orders off more sharply.
Hardwoods production reached a new low point in December, while new and unfilled orders also declined. December output was about 18 per cent less than in November, due partly to seasonal influences. A comparison with production one and two years ago shows declines of almost a half and two-thirds, respectively, while in this period new and unfilled orders have dropped much less severely.
A slight seasonal rise in carloadings of forest products took place between December and January, but the volume in the latter month was the lowest recorded for this time of year, and was only a little more than half of the loadings of a year ago.
FOREST PRODUCTS STATISTICS
: "'""" •:;•··~~~ ::!rl~;:~ j~-~=~··~ ~~·-1- _,.,.,.. :_l __ n-cal_r_d_w_o_o __ 'dl_" ___ \ Car- ! ~~~~-: ~::_- Em- 'I Pay ~~ Total I :II . I I ~~ J?~~~ I 0~~ ••
' due- ploy-1
roO. forest I Naval' Pro- New Un- Pro- New Un- Pro- New I fitUJned- prod-~seoaustt~-tlon ment, 1 una_d-, prod- stores l_i due- orders 1 filled due- orders filled due- orders nets ad- I ad- !Justed, nets I I! tlon I orders tion orders tion orders ern
.• Jnsted Jnsted 1 1 I I'
1
,1 , ____ [d--Istrict i''.R.B. i I ) i I • I ' " ---' -~----'-------- -~--- -----~--- ~---~-~------------
. 11
Thou- I Dollars ' Monthly average 1923-1925=100 1: Millions of feet, board measure I sands of per
II cars , firm
~2~J-a-nu-ar~-=~~-~~-~~~ --~~~~ ~;8~--~;~-~~-8~---:~·~~------~-~- -~-~~--~--------11 316 349 40311 308 3191
1
661154
219107 !--~~.- 6-.8-;;. 1930: January_______________ 75 I 79.6 72.8 63.9 48.0 251 253 189 1 200 242 294 251 199 uo ~
1931: I 1: January____________________ 47 [ 56.3 44.0 'II 54 5 3~.1 165 191 116ll 160 192 183 143 169 456 1321 31,781 February___________________ 45 ; 56.3 45.6 54.4 2,,_ 511 154 171 107 1 179 189 182,. 1.58 188 481 138 34,100 Ma~ch______________________ 50 1 55.7 46.2 59.3 39.7 i 165 174 121 r· 186 217 197 165 173 473 1381 29,798 ApnL---------------------j 49 I 55.4 4~- 9 63.6 98.3 1 165 169 1041 202 224 216 1-16 IM 463 130 28,248 May _______________________ , 50 1 55.4 4o. 7 I 66.7 136.5 148 158 84 207 189 136 146 !58 431 I 1162~ 1
5196,,3836~ June------------------------1. 49[. 54.4 44.6 67.2 189.9 I 127 140 83
1
1, 200 191 1631 143 176 419 v
1 v
July------------------------: 44 52.0 41. 7 64. 6
1
186. 7 1 122 147 83 'I 149 181 166ll 109 139 402 106 . 47,997 August_ ____________________ , 40 : 51.1 41.3 64.3 141.5
1
120 151 831 172 188 111 101 131 375 138 47,706 September __________________ ! 38: 49.4 40.3 67.5 111.9 117 138 ?4 1 155 159 125 105 131 387 104 42,180 October--------------------: 35 . 48.4 38.2 63.1 I 114.0
1
117 135 o8 11 150 151 18~.6~
11
105 131 374 123 22,100 November __________________ ! 30 · 47.4 34.4 56.7 97.2 111 111 62l 116 136 10
856
131 33rr7
87 16,286 December __________________ , 27 '. 45.4 31.2 53.3 90.4 78 73 51 I 103 115 105 u 71 14,40~
1932: I I I JannarY-------------------1 27 i 43,9 26,6 44.0 26.1 1 80 99 61 , 99 126 1U
1
68 120 3.>6 i 73!--------
Year and month
t Data for May, August, October and December contain 5 weeks; other months, 4 weeks.
20 SURVEY OF CURREN'!' BUSINESS ~larch. 1932
STATUS OF FEDERAL-AID ROAD CONSTRUCTION 1
YEAH .\ND~~10NTB
!927 January ___ ---------Fehruan ----------··----------' J\Iarch____ ------------------- __ ApriL-------------------------------May _______ ----------------------Jllne___ _____ __ ·----------------July ________ .-----------------------Augu~L-- ------------Beptembec. __ -------------------October------------ __ --------------November._.----- ___ --------------December.. -------------
1928 .Tanu:ny ___ _ Februarr---March _____ . ApriL ____ _ May ________ _ Juue _________ _ July_________ ------------AugusL ... - ----- _____ _ September.. _____________ _ October____ ---------------November __ ------------------ _____ _ Dencmbf'L------····----- __________ _
1929 .January _____ --------_--------------February __ -.-- ___ ------------------MarciL ... ------------------------,\ pril. -----------------------------MaY-------------------------------Jurte ... -----------------------------July _______________________________ _
August. ___ ------- __ -------------- __ September _________________________ _
October----------------------------Novernber _________ . _ ---------------December.-------------------------
1930 January----------------------------February _____ ---------------------1\larch _____________________________ _ ApriL ________ ------------------ ___ _ MaY--------------------------------
~~e'~~::::::::::::::::::::::::::::::l
~wJ!t~~:~~~~~=~~~~~~~~~=~=~=~=~~~: December.---------------
19M January __ ------ ______ --------February--··------·-----------------, March ___ ---------------------ApriL ___________________ _ May ____________ _ June ____________ _ July _____________ _ August_ __________ -----------------
~~f~~'t~r~(~r~~: ~ ~~=~=~ =~== =~ :: ====~: = =: ~overnber _________________________ _ December_----- ___________ ------- --j
Approved for construction
Mileage Federal aid :
allottetl · • 1 Total ' Initial Stage '
:)::.ftl, 300, 97 4 .-;o, 2W,470 .\6, .548, 082 IH, ll7, 128 61, 715, 801 bG, 215, 410 56,992,630 5~. 139, 691 4~, 002,291 -!4, 4/li, 180 36, 725, 603 :.H, 750, 82~
34J, 2():.:., \)31 5:2, ().}3, 7 .J 2 7;), 742, \}7.1 tJ•i, :)7!), 100 ~.~. 7i11, 7UH 07, 4!il, .SiS 70, 1392,974 liH, 9.11, 67.5 43, H!'J, 556 41, 763, 818 4i3, 9i39,:l:l3 :~2, ·fH, 1.Sl
33,313,202 30,738, 175 40,981,079 49,954,593 56,336,380 61,500,674 57,056, 709 50, 731, 365 44, 1!7, 422 33, 1~5. 280 33. 3()8. 004 29, 339, 732
40,1114,289 51;, 298,022 ti7, 331, 305 79, 1M>, 6~2 80,941,981 76.450, 171 71, 079, 31l3 57,992,339 -19. 59tl, 898 47, 118,849 47, 91)3, 952 00, :303, 635
$15, 214,440 ; 20,810, 2M 2:3, 147, ~46 2c>, 443, 884 24, t:i08, HfiO 22, 2:m, t>75 22, 299,451 22, D79, 382 18, 53!l, :J!J!) 1~, ~4~, ~02 I LJ, 18v, 114 1:!, SU5, 512
' 1 -t., (ns, i80 i 20, 111, 835 2~. 72[1, 350 36, OiO, 0% :3:~, 014, 507 25, 7·!1, 403 26, 737, ~00 ' 25, 711,922 1~, ~~.~· 2():3 la! 61.:., 119 16, 820, 5()0 12, s1u, ~-;a
13. 411:3. 235 ' 1? 4'l~ ''3" 16; 1 Y6: 2~].~ 20, 163, (i8! 2I, 825,375 24. 13"1, 546 22.242, 1H8 I9, 538, 5().) 16,938, 75.5 12, 143, 015 10,674, G57 9, 942, 162
14,1J34,0D1 20, 32(i. ii::M> 25,521, 103 30, ~86, 4rlH 32,207,313 30, 521}, 233 28,441, O'i5 23, 417, 19G 2\), !373, OtiO 20,872. 289 20, 153.017 25, !):3:), 501
1, 914 2, !Sq I
2, ,g,j :
~· ~~i i 3:100 \ 2, 91:l ! 3, 012 2, 421 i 2,191 ' 1, 820 !
1, 751
I,SH :2, 38"1 3, 1\)ti 3, 956
~: Yi~ I
a, 25G : 3, ].jj
2, 12n .. w·} 2: l-5l l,.:WS
1, 5\1tl ' 1, 573 ' 1. 871 . 2. 298 2, 619 2, 898:
~: g~g i
2, 165 1, 551 1.491 r
1,400
1, 826 2, 312 2, 7B9' 3. 342 3, 371 3. 469 3. 214 . 2, (\92 2. 3tH) 2, 191 2. 185 2, 875
80, lll1, S21 35, 450, 09V 3, 729 W.5, ;)31, 3S9 4fJ, 100, 795 4, r_ag 1:32, ~01. 07\1 5S, 4b9, 51.)5 5, 709 118. 437, ·!tiS ' 51, 113,406 5. 260
Vi}, 221, 2 i:l ' 3>1, 495, OJ.> 4, ~1;4 ,
~(~: .~~~: ;~~ l ~:~· ~~&· ~~~ ~: ~~~ : 11. ,.,7n. 777
1 d 5s·1: i'io z. oz·!
2!), 779, 3Gl I II, 3~\· Q~3 l, 374 :!:1, 174.171 11,5.:>1), td 1,445 I 2J. 422, 017 11, 91l.), 5\lS I, 392 35, 473, 245 15, 134, 4G:2 i 1, 910 •
----~----------~1 ______ 1
I, 511 1, 8G2 2, 023 2, 532 2, 621 2, 396 2, 2o:l 2, 249 1, 809 1, 701 1, 456 I, 413
l, -120 I, 8.j0 2, 3C4 ~l.~! 2, 11a
::!, 35Y 2, 316 2,416 1, 072 1, 5:{(; 1, IJSEi 1, 17&
1, 220 1,163 I. 406 1, 530 1, 731 1, 833 1.807 1, 571 1, 482 1, 015
997 1, 002
1, 223 1, 551 1,813' 2, 006 1, 942 1. 940 1, S79 1, 776 I, 640 1,400 1, 548 2, 007
2, 507 3, 250 3, 910 3, 355 2, 707 1, 946 1, 628 I, 3i3
936 1, o:J2
986 I, 2-18
404 ti24 762 812 788 704 709 794 6I2 4il1 :1134 308
393 534 8>2 925 ~\),) ;;,g 739 728 457 50f) .Jfi5 4Ig
375 410 4G4 7()7 887
1, 065 818 7i(j 682 536 494 398
602 7t;O 985
1. 335 1. 429 1, 529 1, 334
915 72fl 701 il37 868
1, 162 1, 399 1, 8.59 1, 904 l. 5513 1, 033 1, 004
650 437 412 ·105 G02
Estimated total cost
$230, 21l'J, 002 2~~8, 58G, 167 239, •181, W52 2·46, 940, 059 2:13, 242, 259 ~t!O, 670, 046 208, 802, 904 25{), 03/1 230 1
257, 011, 46(! 1
249, 8:>2, 249 1
2M, {)29, .121 j 227, OH\, 601 ,
'
224, :339, 105 ' 210, ;{S.J, S2\J 21~. 974, 080 21S, 879, 856 2tl,51i,f)lG 2ta, 7tl4, so1 2ti:~. t~:35, 2UV 2(;fi, :.i·1t\, 01·1 274, 4S:J, 1101) 271, G!IS, 2.)9
~:;;~). ?.?!9l' ~-~8~ ._,,~, d . '- i)
2211, 904, 718 215, G3l. 317 2lil, 012, 674 220, 923, 192 224, 179, 167 238, 158, 4~6 248. Oil, 331 2.09, 691,966 256, 7 40, 730 250, 269, 800 233, 559, 352 217, 012. 72~
213, 668, 932 207, 908, 135 211, 430, 846 223, 058, 133 219, 813, 203 272. 012, OJ2 2S9, 4t'5, 1!15 302, 444, 3:\0 :;ou, o2u. 558 288, 2115, 307 2()4, 034, 768 233,:397, 047 ~
223, 508, 256 2:{7, 094, f/45 26U, 713, !)fJ2 30:J, 3u2. 273 35'3, 145. 'iG2 3S7, 39\\, 992 38~. 003, 532 378,476, 076 3H, 072, OGS 292, 8G8, 928 257, 528. 575 216, 8•!9, 700 !
Under construction
Com-l\fileage pleted
$99, 800, 663 99,752, 0~0
100,449, 203 103, 453, 7iJ 1 106, 149, 3il7 107,940,459 106, 096, 02!) 104, 027' .183 105, 99o, 857 102, 207, 987 ns, 195, ws 92, 153, 76!
!!l, 330, 489 90, 248, 4;ii uo, 1a4, 277 90,031,381 9S, 179,423
105, ~J7, £~:H ~0~, :)2~· 02~ 10c:, lto, 04• 108, 748,747 107, :~u.t, U:%1 !00, 246, !iSS 91, 3.f3, 1G4
8$, H5t 375 86, 91~. 253 87, 52S, 939 89, 197, 222 90. sr.o. 752 96, 500.347
100, 2'30, 149 1M, 6I3, 910 104, 097, 211 101, 670, 979 95,530,368 89,219, 422
87,874,979 84,643, 705 85, 8!3, 322 93, 139. li26
102, 086. 699 111,630. 191 117, 844, G24 123, 303, 941 12.), 737, 130 120, 070. 429 110, 960, 487 99, 572,833
9f,, 571,204 !Oil, 3:)(1, 294 11-l, 443,9-12 134, Iii!, 1\27 I-5~. 144, .53:3 172. 587, 24! 173, 31i2, 384 I 70. 924, 029 15J, 508. 487 131, fjgQ, 107 115, 42~, 405 98,079,850
Total Initial· Stage i
11, 138 IO,So-.1 10,84-l 10, D9~) 11, 2Iil 11,3Hl 11, 552 11, 481l 11, 45:l 10,871 10 14:' 9: 81~~
u, 67{: 9,440 9, 400 9,41(;
10, 2~-)fi 10, 77~1 10,754 10,830 lO,IJHi 10, ~28 10,091 9, 217
8, 93G 8, 73H 8, 6811 8, 680 8.920 9, 52{) 9, 92()
10.322 10, 3!?, I
9. 9"'' 9, a:~~~ 8, 7ut.~
8,452 8, 20{ 8, 18C 8.717" 9; 431 9, 91o,
10,543 11, 154 11, 420 11,047 10,170 9, 089
8, 812 9, 451
10,388 12, 243 14,705 16,480 . 16,2H. 16, OSH : 14, 3I5 I 11,899 10, 1?6 8,672
9, 839 9, 599 !1, 633 9, 822 1
10,001 10,103 Ill, 135 10,005 9, !)21 9, 41i6 8, 879 R, 517
8, 480 8, 2f}7 S,3:J2 8,347 8, 9G7 9,4fl4 9, 497 9, 518 t'
9, :!27 9,:):)7: S, G92 . 8, IIJ3
7, 835 7, 67[1 7, 665 7, 707 7, 900 8, 3.19 8, 494 8, 724 8, 584 8, 322 7. 805 7, 256
7.054 6,843 o,824 7, 230 7, 674 i, 709 8, 055 B. 3:39 8, 459 8, 325 7, 7S5 7, 030
6, 957 7, 469 8, 277 9. 569
11, 229 12,306 12.207 II, 884 10,659 9,028 7, 928 6, 8I8
1, 299 1,209 1, 211 1.177 1; 218 1, 213 1, 417 1,481 1, 531
1I.;~c I' '_,)~ '
], 29(i
I, 192 1,173 1, liS 1, OGS 1, 2('i8 !,~~~ i 1, 2.Jj I, 282 1, 489 1,490 1,398 r
1, 053
1,102 1, 060 ' 1,024 :
973 . 1,020 . 1,158' 1. 432 't 1, 597 ' I, 730 1, 631 . 1, 557 I'
1, 479
1,397 ' 1, 361 1. 3f>3 I. 487 1, 757 2, 206 2. 488 2,815 2, 961 2, 722 2. 385 2, 059 '
1, 855 1, 9G2 2,111 2, 675 ., 3,477 ,; 4, 174 :I 4, 034 ' 4, 207 :J, 655 2, 872! 2, 268 ,, 1,854
mileage
60,4-13 61,023 61,454 61,732 62,125 62,974 63,405 64, 090 64,966 6fi, 242 67 482 ()8: 211
08,772 69,130 69,579 G9, 898 70, 431 71,07! 71, ti85 n,tGo 73,120 73,715 74, 6.13 76,075
76,570 75, 9~6 77,173 77,441 77,728 78,097 78,523 78,798 79,494 80,588 81,442 82,330
82,684 83,074 83,298 83,475 83,647 83,975 84, 174 84,383 84,816 86,074 87, 541 88,945
89,572 89,643 89,659 89,347 88, 763 r
88.713 i 89,871 90,637 93,072 95,960 97,993 99,777
Balance of Federal Aid available for new projects
$I07, 406, :l53 93, ifl4, 701 91,281,948 82,882, 7~4 77, 140,604 C9, 440,955 o3, 514, 100 37, 755, 893 50,964,012 41, Ii>S, 3.51 41, tj~ •. 'i, 222
110, t,();3, 335
10-1, 900, 2·11 97, 230, 932 ~4, llii, 118 73, 971), 0•)7 Gl, ~ilS,4lO 5:::, 043, 770 -±8, 014, fiD7 43,014,820 39, S70, 696 3.\ 85t, 581 33, 0:;4, 007
101, 372, 498
97, 2fitJ, 089 94, Gi9, 396 88, 176, 136 79,267,393 71, I32. 051 56,339,875 47,470.084 41,566,633 36,031,808 32,740,217 30, 508, 108 99,881,410
92.893,538 85. 570, .)~3 75,489,847
108,464, !GO n. 220,669 75, 7113, 791 65, 25(), 148 57 128 386
172: 500: 5.18 162, 2fi3, 159 155, 383, 877 144, 725, 777
130, 223, 876 108,360, 974 81, Olfi, 164 63,823, 123 48,744,393 39,638, &88 30.543, 557 27, 124,942 25,517,829
125, 577, 243 121, 494, 541 113, 879, 088
' Issued by the Depc1rtment of Aqriw!ture, Bueau of Public Roads. These data represent the status oi Federal funds and State funds involved in Federal-aid road constmction. 'rhe term "initbl cJnstruction" refers to projects nJt previously improved with Fe:lcral aid; the term "stage construction," to additional work on projects which hwe previously been i:nproved with o'eJeral3id. .\. mmthly report showing this information by States is published each month in the magazine, Public Roads, which may be obtained from the Superintendent of Documents at $1 per year.
March, 1932 SURVEY OF CURRENT BUSINESS 21
WEEKLY BUSINESS INDICATORS
1932 1930 1929 1931 I 1930 1929 -- ... . . . I '··- -·
IT£~( : I I I I IF~.,~.;F~J~.F~F~.F~.~.F~.'F~. : 20 : 13 6 i 21 I 14 i 7 22 ~ 15 i 23 I 16
----- ----- --1----·-i---- '--I~--·--------- '-·----i--· •composito indr.x, N. Y. I i r I . : ! i :
tn~ F~.F~:F~iF~-~F~.~F~i_F~J_F~.IF~IjF~. _______________ ~o 13 __ o_r_~-~~-, 1 -! 22 _' 1~ ~~~~16
'Vholesalc prices--Contd. i I ' ; Times ..................... , 61. 2i 62. 3 62. 8 76. 7j' 77. 8 77. W 95. 3 97.0 107. o! 1011. 7
*Composite index, Business ( ' ' ! i j Week .................... .I 59.3: (i0. 5 61.0 78. 3 79.0 79. 4 90. 7~ 90.9 !Otl.-1' 107.0
Detroit emploYment .....•.. ' .•... I 69. 4• •••••.....• 1
1 78.0 ..... ' ..... :lOG. 5 •..•. ! ····-Production: · / I i i I i
Beehn e coke ........... +-·-·1 9. 0 7. 3 17.6: 17. 1 17.1 29.0 27.3: 45.71 44. g Bituminous coal (da. I j ' ' : '
nv.) •.....•...•.•• ~ ...• [ 61.9 64.8, 7o.s, 77.{ 80.4 7ti. 7 9·!. 7,100.1,117. nw.o Building (new awards).+--·-' 26.4 •••.. :., .•. : li:J. o ...... · ..... : 62. 1'. .... 82.4 tEicctriccurrc-nL .......
192.7194.8 \l5.410n.~l01.U00.8.104.8'10!l.2102.0'103.1 ,
Petroleum (da. av.L .... ·101. zl 102.6 10:3. 4-103.9 102. 2 101. 6 130. 7, 127. 4' 129.3:123.4 1 Stcelin~ots .•........... : 32.9j 35.5 35.5 68.4 67.1. 65.8,105.3[106.6118.4117.1
Receipts: i 1 1 i 1 ' I
Cattle awl calvP""------- -I 57. 3j 58. 2 56.01 (}5. s: 66. lj 67. 11 n. 1: 65. 5 59. 8 63. fi Cotton ... ···-········-· ·I ~3. s· 121. 2 124. 2, r.a. 8' 5.5. o, 71. 9· 52. 7' '17. 3 68. 2i Ill. 2 Hogs ...................• , 89.s;wo.z; 90.3, 89.2102.0102.8:92.0107.1 93.5:114.8 Wheat.·--·······-·····-! 7D.G: 61.1· fl5.3' 97.1: 91l.U 97.7 52. 7, 5\l.ll 79.0: 75.9
Distribul ion: Car luadings __ , 51i. 5[ 57. 5 58. 7' 72. 9' 73. G 73. 5 101. 51 Ill. 3 111. 0' 97. 8 Wholesale prices: I i ' '
Copper, electrolytic ..... : 42.8: 42. 8' 47.1 72.51 71.0 RS. 1129.0 129.0 129. o. !~9. 0 Cotton, mid<lling, spot. ·i 2fi. 1· 2·Ui 24. 6 '10. 4· 40.4 39. 7 5G. 3 5~. 5 74. r. 74. 3
Fisher's index (1H2G= ! I , !'
1110)- : i Total (120) .... -- -· .. · ll3. 7 G3. li 64. 2: 75. 8; 76. 31
1 76 4
1' 92. 2; 93. 11 98.0 97. 6
Agricultural prod- I 1
uets (:JO) ••••..•..• ·16.2 45.\J J7.o· 67.8: 68.5169.0: 99.21100.6!100.9 99.9 Nonagricultural. -,s ,_: I 1 I 1
products (90) ...... , 117.0 ii7. 1 1,7. 3 . 78.4 78.31 89.8 90.0 ~6. 1'
1
96. 5 Trnnnudsteel,cOln!Jositt• · 71.3 71.4 71 .~ 76.4 7H.f. 76.5 85.11 8b.1i 87.t~ 87.0
Banking and finan('e: · J I 1 1 :
Hank debits outsi•h~ N. ! \ J I I Y. C. (da. aY.) ....•... G7.3 63.(; 7G i: 92.9 8.1.01102.8128.5, 08.6'142.9117.1
Bond prie~s ............. ~s . .o S7.4 o8.4107.f•107.5!107.0'104.8'.104 9106.5 !06 7 Business fnilurc·s (num- , : 1 '
1 : I
ber) .........•.... ·-·. __ 184. 5 170. 3 l!ll. ll177. 4 131. 2; 1G6. I 143. 7 139. 1101. U:ll7. 0 Federal Hescrve H. M. I I
banks-- . 1 , 1 Vmns and dis.·cotmt,_, !Gl. 5 101. 7 i02. 7 12·1. o: 124. 9jl25. 4;132. 2 132. s; 129. 5',129. 9 ~etdemand~eposit~. ~!-Q 9~.8 92.~ ~!2·! 1!3.211;3.01107.4107.?iJOf1.81!1.8
t r;m~ dcpO~l''--- .... 1.u. '. 12t>. 4 1~6. I t.J~. 1lG8. 511G7. 9;151. 1151. 2;151. 5,1~1. 7 Tn.er.st.tates, calL ..•... 60.(, 60.6 60.6, 3".4 36.4136.4
1109.1, 97.0.169.7;1119.7
lnterest mtes, time ...... 85. 7· 84. 1 85.7 45.71 48.0 45. 7!111. 4 114. 3!177.1;177.1 ;\1 oney in circulation .... -115. 9.116. 2 116. 2 94. 5 91. s: 94. 71 93. 7 94. ol 9~. 6l:l'.l6. 0 Stock prices ....... ·-···· 7U. 21 71.6 72.7 170.0
1166.8:159. 6!229. 4 2'31. 6:244.9 244.9
--~-----~-----~----------------·-··------------ ··--~~- ' ' I I :. ' : --'----*Relative to a computC'd normal taken at 100 t Relative to WC'E'kly average, 1\J2S-1V30, for \VC(>k shown.
WEEKLY BUSINESS STATISTICS 1932 1!)31 1930 1929 1928
ITEM
!:11 i Feb. ~0 Feb. Feb. 6 }\•11. 21 F<,b. 14 Feb. 22 Feb. l.j Feb. 23 Feb. 16 f(•b. 2.~ Feb. V<
l'RODt'CTIOX A:SD DiSTl~Iht;T!~)~ I Bitnminaus coal production (<Ia. av.) .... thous. tons .. 1, 10~ 1. Jfl41 1, 205 l, 31S 1, 3tJV 1, 61~1 1. 70~ 1, t)f).j 2, 027 l 7;,a 1. -~~;-......:
Build in~ contraet~ (da. av.l 37 Statcs) .. thous. dolls .. • ........ _. 4.n~ ]0, 20'\ ~~. GG7 1:3, 23' 17. 47·1 E\cctri<'al current output ........ mils. of kw.-hours .. l, .1t5 l, !)79 l,r,::-.o 1, 6":0 1. 6 l l, 746 : 1, 7'10 1, 6\Jfl 1, 718 1, t,6(1 1. ;,70 Exports: I
Corn .. ·-···-····-·-····-········· thous. of bn>h .. 5-1 S!) 3:1 11 :~6 121J 160 1, 45[) 1. 275 ;,G1 1,122 Wheat.._ ·-····-·---·-·····-···-·thous. of bush .. 917 1. :J42 l. 7!1:1 !\) 4 :-\7:3 1. 422 .'.~2 212 ;)~3 lfl.l Wheat flour··-··- .................. thous. of hbls .. 2.)Q J;:l ]2.1 1~)7 1:;9 1.'4 l'i"; ::i2 3'-!l ~26 2(j[,
Freight C'ars: I Loadings, tobL __ -------------- -----· ______ curs __ 572, 60G .162, •l 6t· i 571, 7,-,(; 713, 1,";{) i:.::o, o~'!J '627, 560 :-.,g3,1JO ttO:), DO~~ 9.17, 4\IS l-'60, 417 RS.R, ~1~'6 i
Coal and cokCL------------~------------car:::; __ 118, 261 116, 092
I 13fi, ~i:)S U·t, 7;-)g ! 1.";7, .jfJl 16,-<,431
! 192, llr.l 2ltJ. 010 22.\ ~49 1~4, 8.32 lt17, 712 Forest products ________________________ ears __ 19,410 19, 7•!7 1~, 3~3 33, ~;:z::: ~~. >'83 56,220 r,g, 216 nO, 176 ' 66, C05 G.S, 115 tl7, 204 Grain and grain product:-; _______________ cars .. _ 40,927 32,023 31, ,f2! 40, '66 11, 270 '11, 918 4·l,TH ~3) \n3 ·fi, 15~ 4f!, 07:1 41.310
Livestock ....... ···-·--······-··-·-·····cars __ , 18,934 IS. 7.14
I
2tl.072 12.1R1 z:J.!J33 23,207 2[1, ~:-<:,1.1. 2:1, ';'fj5 : 26, S79 80, 2;,3 :ll, 6\lS Merchandise, I. c. L---···-- ---·--······-cars .. 18S. 077 1R6. 569 1~7,5i2 2!5; 446 212, 610 219, 43i_l I 2:l9, ·132 ~26, <76 24X, 570 2?.fJ, fno 249,570 Miscellaneous._.·-··-·-·-·- .....•...... rars .. 183. 858 ]85, 927 179, (}({/ 250, H48 2J.1, ;:.s4 :;09, 'll3 322.301 :326, .~f,l :J3~. 41S i$09, {)7(-) 321, nun Ore .... ____ ..•. _______ ... ___ . __ . __ .•.... car< .. 3,139 2, 853 1, 971 ''· 1~H !i, ~99 ,.911 ' s. no5 u. 302 9, 6:l0 7, 572 ~. 422 I
Net available surplus (da. av.J .. ····---····('ars ... ··2;1oii- ··-·2;i3i;·i·"'·2;i.;:i· 6~ .. :~. 7-:--.7 Qt;. 213 4H:, 213 '
3~'f,, C:\9 2:!:~. 2S7
'
2~n. 573 3~5. 232 ~G9, 421 Petro1eum produetion (da. av.) ....... thous. of bbb .. 2.1(}.) 2, jz.-.; 2, 722 i
2, 6",3 2, 1)94 2, 675 2,340 2, 36:1 Heceipts:
I Cattle and calves (12 mark!- Is) ........ thousancl' .. 1s1 Jq 177 ~0~ 209 231 207 1'9 '
201 ~33 2[12 Cott011 into Silrht_ _________ -·· ___ .. _thous. of b~,}e;.; __ , 2-19 315 I ~123 Uif} 1·1:1 1?7 113 Iii ! ][,9 1:12 lMi \Vtwat, prinnry murket::: _________ thous. of hu::'h __ , R, 2:23 4, 8!;.1 I [J,l<,;;!j 7, 7lfl 7, f)\};;.t -1, 1~'0 .1, 732 G, 277 6,029 5, Oi'l :.,022
I i Wool, total, Boston ................. thous. oflbs. 3,2-H) 3, :!1S n~2 ti,OfA 1. 2()! I, ~'7 l, (V.\1 fi.~J.I I 3, 832 a, 53! 4, J 11 St.eel-in~ot prodw:tion _____ ------.per ct. of capacity. 27 27 I 27 fi:l ,".[ to ~~ GO 89 l'':'
~· I WHOLES.\LE PUJCF.S i
Chemical index ....... ····-······--······rei. to 1V24 106. a !
1063 JOG. o l<'f>.C. Ill. C. 111 5 !lOco I 106.3 I
110 6 i12. 3 112. :J Copper ingots, electrolytic. ;.<cw York_.dolls. per lb .. . 059 . 0'.9 . 06.5 . 100 • OU<:\ . 17~ . 17S . ] (~ ! . 17X • 13'< 1:r ... Cottt>n, 1niddling. spot, New York·-- __ dolls. pt'r lh __ .071 .0()7
I
.0~7 . 110 . :ilO . 1:)3 _ tsn . 2(;3 . 202 . 190 . 1X·l Food index (Bract:->trert's) __ . _____________ dolls. per lb._ 1. sc 1. 80 l. 82 2. :;3 2. at; 3. 01 ~- (17 3.01 3.l6 3. 28 3. 27 Iron and ;;:ted ('Omposite _______________ dolls. prr ton __ 20.53 29 .. 57 29.60 31. 61 21.69 :3.:-). 2·t J-1. ~.,1 ~)6_ 2f' :~6. 26 :l: •. 61 3.;. m Wheat, No. 2, hard \vintf•r, Kan:--as City .. dolls. btL_ • 54 . 52 .51 . 6\l i . 6~ 1.12 1.1:1 1. 2tl LIS 1. :~r. 1. 33
I I
FINANCUL
I Bank. <!chits: New York City .............. ---··mills Of dGlJS. 3,1i08 3, 144 4, 2R~ 5r 2·19 ",060 8, 5[!2 6, 422 12. ;·20 10,617 ' 7' ~ii~.., 7,001 Outside New York City ___________ nlills. of <lolls __ : 3, 122 2,\150 I 3, 558 ·' ~. :309 3,914 5, 955 4, 573 6, 631 5. ·!28 4, 7U8 r.. 017
llnnd snle~. New York Stock Exchange: I i United States GovernmPnt. ...... thous. of dolls .. 10,31.\ 8. 702 12,373 2. 702 4, 7~5 2, 304 1. 110 1,2~2 2, 9S5 '· 3, 1\l.'i .1, 2~~2 A Vf'rap:e price 40 corporation bonds. _________ dollars __ , 70.27 7B. 29 79.13 96.26 U6. 28 93. S7 t~3. 91 ~'"· 3:l or, .. 51 nn. 1-1 9!), 41 Dusine..:;s failures ______ ----w --- _____________ .number_ ..
1 751 603 71:\0 722 534 5S5 566 411 1711 4'' !i20 Federal re~~crvc banks: '
Bills discounted ····-······---·-···'Pills. of doll:; __ 8j6 81? R55 200 222 378 3S2 ~6.i 901 .:jfil 4~1 Total rescrves _____________________ mills. of dolls __ 3,146 3,163 3, 16S 3, 266 3, 25~ 3, 177 3,1/a 2,~·HJ 2, 84~ 2, 0fA '2, ~)!--,I FrdC'rnl resPrYe reporting rnen1bcr banks: :,
'rotall()ans and dbcounts _________ mills. or dolls __ 12,691 12,716 12.830 15, 494 15, 605 JG,f.19 ' 16. 5D3 16.1:-:? 16.230
I 15, 125 lfi, ~(!.~ I
'l"t)tal investrnents ···-··-··-······mills. of dolls .. 7, 010 7, oGn 7,140 7, 1.i0 7,0.14 ,. .1, .171 5, .>13 :'), ~lHl 6, 010 ;: n. o7s fl,USI
"Other" loans .......••........ _ .• Inlll>. of doll,< __ 7, 217 7, 2!2 7. 2f6 ~ .• 169
I 8. 280 R. ~:o S, U11 \ 7'~.t; ' s, 715 H, r,J5 ~~ 6·l2
!\ct.-demand dcpo,its ____________ ._rnill~. of (lolls __ 11.067 11, 0~0 11.166 .: 13,.170 13, 072 ,,
12, g66 12, \.fi'~{ }:1, ~;;g 13, 50!) 13,470 13, G£12 Time depo:-:.its ___________ ·-· ____ ._.mills. of doll3 __ , 5, 700 5. 72! 5, 7·16 7, 213 7,175
,. 6,!'[,] 6. 9[,0 6. ,:·67 :
6. 87D I 6. 606 6. 621
I ' ' 8tf'rling C'i< bmgc, rate quoted (da. av.) ______ dollars __ ' ;1. ·15 3. 44 3. 41) 4.~6 4. 86 4. '6 4. so .J. '·' IJ.f.!j 1. S8 ·1. ~7
Intl'.f'!."t rate~; on trok{•rs' loans: Time Tnoney, 1'~ew York ... _____________ per cent__i ~. 7.1 ~- 6~ 3. 75
!! 2. 00 i 2.10 '· 8~ o. no 7. 7.-) 7. 75 4. (i3 ~- r.:l
C'nH money, Nf'.W York--------~--------112r f•cnt __ ! ::!. fiO 2 .. ~0 2. 50 1. .10 I 1..\0 ' 4. DO 4. 00 ~.(II) 7. 00 ~- 25 ~-!'I) I '• I i Money in l'irl'!llaliou (<b. av.) ......... mills. of <lolls .. i 5, 627
' 5, 612 51615 !: 4, 590
i 4, 605 4, f>49 4,1\6:3 -t, 691 4, 6'D 4, 714 4, 7!0
Stncks, New York Exehf!.n~P-: : A Vl·rnge prirc 50 storks. ____ ------ ___ . ___ doll::\rs ... : 76.95
!
59 .. 14. 70. 6! 165. 10 i 161. U6 222.81 !
z:~.J. ~n 237. R4 237. ~7 17: .. ';n 17() 7·1 Sah\s_ ---------------------- _____ thous. of .shar('s_. i 11, 482 s.~oo 5, ?ol 18, 7!i4 17,431 16,797 15, 3fj7 12. ~~~3 1B, f,3R 8, 7."3 Hl, 7:}S
Str•ck prir·<>o. weighted: I Indu~trials, rails. anU utili tiC's (121) __ rei. to 1926 _ _1 !i~. 9 52.4 li6.1 120. o 1 120. a 166.:! i 163.1 1~4. 4 !S6. 3 1:ll. R 1:11! 3 All industrials (351L .•.............•.. r<'l. to 1926 __ 1 5fi.l 4(). 2 52.6 110. 7 i 110.9 ,, 1D6.1 1.52. K J:;-',9. 7 191. \) 1:\4.0 13c. 5 All ra~l~o~ds ~~3) _____________________ rc1. !o 1~;6--l 35.9
I 31.0 ::lfi.2 104.4 : 105.2 J.!2. 3 142. l 1·10. R Hl.2 122.3 1~0.;,
All utthtws ( ... J ••••.••••••.•••.••.••• rcl .•. o 1.!-6 .. 1 97.7 F(i. 1 Ul. 2 ! 177. fl i 177. 7 231. g : 22.~. a 201.3 I 202.7 130. 4 12!1. \! I
22 SURVEY OF CURRENT BUSINESS March, 1932
Monthly Business Statistics The following table contains a summary of the monthly figures designed to show the trend in important
industrial and commercial movements. These data represent continuations of the figures presented in the 1931 Annual Supplement to the Survey of Currrnt Business, in which monthly figures for the past seven years may be found, together with explanations as to tlw sources and basis for the figures quoted. The figures given below should always be read in connection with these explanations. For later data, which have become available smce these data ;n•re compiled, see recent Weekly Supplements to the Survey.
CONTENTS
Industrial indexes ___________________________________ _ Wholesale prices ____________________________________ _
Commodity groups: Automobiles _____________________ --- ___________ _
Chemicals and allied products------------------·---Foodstuffs _____________________________________ _
Forest products _____________________________ -----Leather and leather products ______________________ _
Iron and steeL-----------------------------------1\lachinery _____________________________________ _
Nonferrous metals _______________ ----------- ____ _ Paper and paper products _______________________ _ Printing _______________________________________ _
Page
22 23
25 26 28 32 33 34 36 37 38 40
Commodity groups-Continued. Rubber and rubber produets _____________________ _ Stone, clay, and glass ____________________________ _ Textiles ________________________________________ _ Tobacco _______________________________________ _
Miscellaneous __________________________________ _
Fuels-----------------------------------------------Distribution movement ______________________________ _ Foreign trade. ______________________________________ _ Employment and wages _____________________________ _ Construction _______________________________________ _ Public utilities ____ .. _________________________________ _
Finance ___ -----------------------------------------
I' age
40 41 42 44 44 44 45 47 48 50 50 52
Earlier data for items shown here mau l!_~~--11----------------··--------------~31 _ _ _____ _
--~e~~u~f~e~~~r!!~~~,.,.-u~:-S:tpple-~~nuar~~~-~C:rm·tt:~m- ;_~ctober 1 seg!~m-:_~~~~: -J~:~ ~~~~~L~r~-~ March ~-~~u-__\ Janna~ INDUSTRIAL PRODUC'fiON I !! i i I I i I
1\ i ' I I
Federal Reserve Board j !I · i I Total, unadjusted ..•••••..•••• rel. to 1923-2.5 •. , 70 'I' 67 72 ' 75 nl 78 : 80 . 83 89 : 90 89 't
Total, adjusted _______________ _rel. to 1923-25 .. j 70 1 71 72 73 76 1 79 83 'I 84 89 ' 89 87 Manufactures, total unadjusted ret. to 1923-25 __
1 69 I' 65 71 , 72 , ~66 i 77 79 82 90 ! 91 91 '
Manufacture~, total adjusted .. rel. to 1923-25 .. 1
69 I 69 70 71 1
40 I 79 83 '· 84 89 ! 89 87 !
~~l~~~f~l!~~~~=============~:l: ~~ ~~~~=~b ~ I I~~ ~ ~~ i 83 ' ~~ ~~ ! ~~ ~~ 1 ~~ ~8~7 i Food products •••••.•••.••. rel. to 1923-25 .. 1 89 'I 89 90 91 93 I 89 88 83 91 I 96 1 Iron and steeL ____________ rel. to 1923-25 .• I 3? I 38 46 43 46 I 51 59 64 72 1 75 78 '
t~~~~ ~~-~-s-~~~~=========~~l: 1~ m.;=~~~= I ~~ I : ~} fb ' g; ~~ ! 106405
4 !
1~! 1~g 1~b I ~~~ ~7~6 l Nonferrous metals _________ rel. to 1923-25 .. 1 58 11 60 62 65 65 I 65 68 73 73 Paper and printing ________ rel. to 1923-25 .• _________ II 97
2 195
6.' 1
99 104 I 105 1 109 109 113 110 110 Petroleum refining ..•..•... rel. to 1923-25 __ , _________ 11 2 149.1 ,, '159 2 lf.O I '162 i '160' '160 '1,51 '159 • 151 Polisher! plate glass .•..•.•• rel. to 1923-25 •. 1---------:' 81 '47 '56 '57 i '75 ' 91 I 91 112 117 119 Auto tires and tubes ....••• rel. to 1923--25 .• ~---------:1 6H 71 74
17009 i. 90, 112! 126 123 107 98
Textiles ___________________ rel. to 1923-25 .. 1 89 II •s:; 1 89, 93 100 1 102 ~ U7 101 98 97 Tobacco manufactures ..... rel. to 1923-25 .. 1 121 : 110 1 114 112 118 I 118 I 122. 133 1:!7 134 131
Minerals, total unadjusted .•••• rel. to 1923-25 •. ' 78 : 79 1 82 . 89 82 : 82 85 I 85 84 83 82 Minerals, total aujnst.ed ..•••.. rel. to 1923-25 __ . 78 i 83 i 84 85 77 I 79 84 , 85 86 92 87
A!Jthr'!cite _________________ rel. to 1923-25.. ~~ :1 71 : 6676
1
91 65 61 57 66 ' ;n 84 72 B1tummous coaL •••.•••.• rel. to 1923-25.. o8 ' 64 i 71 70 70 74 i •
6,!, .15 77 76
Copper ____________________ rel. to !923-25 .• ---------~---------· --------·--------- 60 59 1 59, ti8 69 70 Crude petroleum. _________ rei. to 1923-25.. 113 '121
1 122 116 102 107 122 ' 122 1~!2 121 112
Iron-ore shlpments ....•••. rel. to 1923--25 .. ---------1---------' 11 , 42 51 59, 55 46 :!7 0 0 Lead ______________________ rel. to 1923-25.. W :I '62 61 · 66 65 66 . 62 58 <'5 69 76 Silver.---------------------rel. to 1923--25.. 38 • '4f> 42 40 40 44 42 46 ; 1il 54 63 Zinc _______________________ rel. to 1923--25.. 45 il 46 45 47 49 1 49 49 54 fi4 61 65
Industrial Consu mptlon of Electrical Energy
Consumption by geographic sections: Uniteu States .•••••.••••••• rel. to IU23-25 .• New England .••.••••••••• rel. to !92:3-25 •• North CentraL .••.•••..•. rel. to 1923-25 .. Middle Atlantic ..•••.••••• rel. to 1~23--25 •• Southern. -----------------rei. to 1923-25 .. Western ___________________ re:. to 1923-25 ..
Consumption by industries:
q !I il
93.9 1i
R7.2 ~~ SV. 5 I 89.6 ii
ws. 1 I! 104.0 .i
'89.1 : 84.2 i
~UI 100.0 ' 'vs. 3 : '89.1 Alllndustry _______________ rel. to 1923-25.. 9;;. 91\
Automobiles, including 1 repair parts ..•..•..•..•• rel. to 1923-25.. S:l. 6 :1 78.1
Electrical apparatus and \ equipment. ..........••.. rel. to 1923-25 ... ------- __ 1'---------
Food and kindred products rei to 1923-25.. 127. 2 11 124. 8 Leather and Its products ... rel. to 1923-25.. 67.6 ,, 79. 2 Lumber anu its products .. rel to 19~3-~5.. ~1. 9 II ~7. 0 Metals group ______________ rel. to 1923-25.. , I. 3 1 ,o. 6
Metal-working plants. rei. to 1923--25.. 72.7 I 70.9 Holling mills and - • \
70.0 steel plants __________ rel. to 1923-25.. 11. 6 1 Paper and pulp ____________ rel. to 1923-25.. lOll. 31 107.0 Hubber and Its products ••. rel. to 1923-25.. 104. 0 79.2 Shipbuilding ______________ rei. to !923-25.. 93. 2
1
1 94.6 Stone, clay, and glass ..••. rel. to 1923-25.. 77.1 • 76.8 Textlles. __________________ rel. to 1923-25.. 87.8 I 89.8
2 Revised.
I
98 8 ~ 97.1 86:4 I 87.5 89.5 ! 87. 4 99.6 i 103.3
119.3 ! 113.2 111.0 i 102.2
98.8 i 97.1
65.5 1 57.4
123.3 : 128.5 144.0 i 136.5 75.2 ' 81.8 76.4 81.2 76.4 73.0 76.0 ' 71.0
77.0 ' 76.3 126.1 ' 113. 0 93.5 1 82.8 95.0 84.5
113.8 113. 4 93.4 98.2
100.4 97.3 97.9 101.7 109.8 106.4 108.2 97.0 89.9 100.0 98.4 104.4 109.4 105.8 92.6 90.0 92.1 102.7 109.2 105.0 105.7
104.0 99.5 95.7 91.5 i 101.3 97.6 102.8 113.8 112.8 117.5 114.3 118.2 10~.6 117.5 102.3 108.8 96.8 106.4 119.1 114.0 115.7
100.4 97.3 ! 97.9 101.7 109.8 106.4 lOS. 2
53.7 43.6 55.9 71.3 89.7 90.8 94.1
129.8 128.0 130.1 130.8 • 132.0 136.7 124.3 142.0 14~. 4 147.0 136.2 . 126.8 122.0 116.8 81.9 77.1 83.8 85.4 81.0 83.9 71. 2 82.2 79.4 76.9 86.a · 97. :l 91.5 93.2 76.2 75.0 74.5 81.5 gg_,; 99.5 112-2 75.0 73.3 69.3 78.6 94.0 94.6 103.5
78.3 78.0 83. 1 86.6 106.8 108.1 119.4 138.3 121.7 ' 104.0 112-4 135. II 109.6 123.0 88.0 98.5 97.4 12\.0 I 122. a 109.0 109.6 88.9 85.6 82.0 84.8' 89. ·: 92.5 98.3
113.9 105.9 104.8 118.7 I 132. (I ll6. 5 i 105.1 98.7 9~.0: 98.2 100.5 103. ,. 100.0 ! 97.3
87 86 88 85 68 80 92 73 87 45 79
110 '147 111
94 93
132 84 88 89 73 76
110 0
79 61 65
110.3 105.5 109.0 108.0 130.6 120.0
110.3
88.9
119.0 112.9
76. 1 84.2
114.0 112.3
116.5 127.0 122.0 114.8 102.6 99.3
82 82 81 81 63 84 93 fi4 78 49 77
IOU 2 14~
90 88 o6
121 86 90 93 77 72
110 0
80 65 65
97.6 90.2
100.2 96.6
105.8 111.0
97.6
67.5
144.7 118.3 71.6 82.6 97.4 95.0
103.4 111.8 106.5 113.9 75.3 86.4
March, 1932 SURVEY OF CURRENT BUSINESS
MONTHLY BUSINESS STATISTICS-Continued
23
. I 1932 , 1931 Ear,!•e;;,:::Jai~o~,f!e;r;;l B~~':::a~~~~P';t!~ 1---: De~~-;;;:;;-;----- f 8----~---- - ~--- --~ ___ T ______ ------~-,--,-- - -
ment to the Survev y~n~a~y , _ ___IJ~er - 1" be~J_octoberl ~~~m- August ~-~~~-'-J~~~ I_ May_ Aprti March -~;~~u~y~nua~y I ,I I I I I I t
STOCKS AND ORDERS I I I I I I ' New orders, totaL •.••••••..•.. rel. to 1923-25 .. : .... ____ 36.3 '40.81 44.3 47.81 45.5: 48.1 56.0 I 52.9 60.4 58.2 49.8
Manufaetnred goods ....•.. rel. to 1923-25 .. 1 110.4 I ' 108.4 : '105. 4 'I ' 103.8 'lOG. 9 '111. 7 '115. 6 '117. 0 '118. 2 '118. 6 '119. 0 '1!9. 2 Stocks,totaL _________________ rel.to1923-25., 162.4 ! •. '167.1 '169.6 '100.4
1
! '141.7
1
137.0 I'. '133.6 '133.7
1
'139.1 '113.6 '150.5 '153.0
Raw materls]s _____________ rel. to 1923-25 ... 1 199.9. 20!!.5 · 215.9 201.3, '166.8 15.'i.3, 146.5 145 7 1M.2 161.7 173.2, 177.4 Unfilledord::~~~a~~-~;;·1~e~to1923-25 .. ,---------; :J9.8 242.5~ '44.11 '45.6,'47.4 1 '51.3 '55.91 '56.8 '60.6 251.9! 61.0
All groups ________________________ rel. to 1923 .. ! SL 4 83.1 83.9 I 84.9 / 85.6 85.9 : 85.9 85.9 : 8fi. 9 88.2 89 I 89.6 Clothlng ______________________ rel to 1923_.: 72.0 73.8 , 74.2 75.4 1 78.5 I 78.6 78.6 79.9 80.7 82.0 83. 2 84.4 Food _________________________ rel.tol923.l 74.8 78.2' 79.9[ 81.5l 81.7, 8i.9 81.5 81.0 82.8 84.9 86.5 86.9
Housing ______________________ rel.to1923.: 77.1 78.5 79.3 80.31 80.71 81.5 82.0 82.6 83.5 84.1 84.6 8.1.3 Fuel and light. _______________ rel. to 1923 .. , 90.0 90.3 90.5 .
1
90.5 90.1 I 89.6 89.3 89.1 89.1 90.6 · 92.5 92.7
Sundries ______________________ rel. to 1923 .. , 93.9 94.2 94.3 94.6 95.4 1 95.5 95.8 95.5 95.9 96.8 1 96.8 96.9
PRICE INDEXES ; I f I Department of Labor Indexes: 1
Combined index (784) ........ rel. to 1926 .• 1 67.3 Farm products _______________ rel. to 1926 .. [ 52.8 Food (122). ___________________ rel. to 1926 .. : 64.7 ,I
68.6 55.7 69. I
I ' 70. 2 1 70. 3 7!. 21 72. 1 72. o ss. 1 1 5
7s3
._ 83
6?. £ 63. 5 · 64. 9 7~. 0 i 73. I i 74. 6 74, 0
Industrial group commodities- i Building materials (86) ... rel. to 1926 .. 1 74.8 ,1 Chemicals and drugs (89) .rei. to 1926 .. 1 75.7 ·I
75.7 76. 1 68.3
7o. 2 i 76. 1 77. o i 77. 6 78. 1 76. 1 I 75. 6 76. 3 I 76.9 I 78.9
Furl and lighting (24) __ .. rei. to 1926.. 67.9 " Hides and leather products (41) :i 69.4 1 67.8 67.4 66.5' 62.9
noiise -~~iiilis"t;iiii-io0<18-c6G'L to 1926
--79
.3
.·1
,.1
79.8 I I 88.7 i s1. 6 , 82. 5 85. o I 89. 1
------------------------rei. to 1926.. 77.7 l\Ietal and metal products rei. to 192fL _ bl. 8 'I Textile products (113) __ .. rei. to 1921l .. l 5V. 9 i Miscellaneous (52) ________ rel. to 1926... 65.6 , All except farm aud food I 'I
products (.>9oJ .•. ______ rei. to 1926 __
1
71.7 :, Finished products (380) ... rcl. to 1926 .. ---------:1
Raw materials (108) ___________ rel. to 1926 __ , _________ ;
78.5 82.2 60.8 66.8
72.3 71.0 60.2
I I 80. 9 I 81. 0 82. 7 I 82.61 82.8 83.91 62. 2 i 63. 0 64. 5 i 68.7, 66.6 68.21
73. 4 : 72. 9 n. 9 1
73. 2 i 73, 7 74.0 1
84.9 83.9 65.5 I 68.3 i
74.2 74.6 i 64.1 :
85.7 84.3 66.5 69.7
73 9 74.0 64.3
Se~~~~~~~~~~~~~~-~~:~~~-e~-~~=:el. to 1926 .• 1---------'i Bradstreet's Index ________________ rel. to 1926.. 58.2
1
1
Dun's Jndex ___________ , __________ rel. to 1926._ ---------·1
62.2 59.8 74. fi
a2. o i 61. 5 62. 7 I 64.41 64.7 66.3 I 68.3 • 69.5 61. 2 62. 6 64. 2 I 65. 7 68. 0 74.41 74.4 72.3 75.1 77.2
WHOLESAI,E PRICES :
.lt.rutate or lime. _______________ dolls. per cwt __ Aluminum No. 1, Virgin 98-99,
'I 2. 00 lj 2.00 1 2.00. 2.00
. 2290 I . 2290 . 22'JO 11·
2.00
New York ____________________ dolls. per lb .. Alumlnnrn,scrapca.•t,New York.dolls. per lb .•
2290 ·i :04oo 'I
. 51 ,il .133 i:
. 2290
.0400 '51 '
. 130 :
. 0388 ' • 0393 • 0400 Barley, No.2, Mluneapolis •• ___ dolls. per bu .• Brass sheets, miiL ...•.•........ doils. per lb .. Brick, common, red, New York
. 51 : . 50 • 50 • 13o I • 13o .152
---------------------------dolls. per thous .. Butter, common, New York ...•• dolls. per lb .. l Cement, Portland (composite) •. dolls. per lb ..
c~~~~~~~~=~i_c_a_~-~~~~-e-~~~~-~~-~~~~;.~~r lb .. Chemicals ________________________ rel. to 1927 __
1
. Coffee, Hio, No.7, Brazil grades. dolls. per lb .. Copper Ingots, electrolytic .••.... doils. per lb ..
12.127 ii . 24 i'
1.321 :1 ,I
.14 86
'071 • 0706 I
9. 750 . 31
1. 310
.14 86
. 070 • 0558
10. 00 i 10. 00 . 31 1 . 34
1. 310 I 1. 318
.15 1
.0~~ i . 0656 !
.16 86
'058 '0678
Coal: I Anthracite- '
Hetail, composlte.dolls. per short ton .. l H. 97 1 14.97 14. 96 i 14.97 Wholesale, composite ,1 I
----------------dolls. per short ton .. ,13. 170 1 13. 166 13.083 i 13.083 , Bituminous- 1 i
M~~-e-~~-e~:'_~e-~~~~j~,Jis per short ton .. ---------'l--------- ________ J_ _______ i Prepared sizes (composite) I ~ 1
1
i . I __________________ dolls. per net ton.. 3 .. 53
1 3. 953 3. 962
1 3. 9o4
Retail, compoRite.dolls. per short ton .. l 8.17 :. 8.19 8. 23 1 8. 22 1
Wholesale, composite I 11 1 I ---------------.dolls. per short ton.. 3. 699 ! 3. 701 3. 7051 3. 703
Coke, furnace, Connellsville 1: 1 ------------------------·dolls. per short ton.. 2. 30 ·I 2. 34 2. 381 2. 45 I
Cocoa, spot, Accra, New York .. dolls. pe.rii.J.. ---------;: .0425 .O.J94 .0475: Coru: 1 d ! I
No.3, yellow, C"hicago ..•... dolls. per btL. I . :17 :1 . 37 . 43 i • 38 . No. 3, Kausas City _________ dolls. per bu.. . 39 d • 39 . 46 1 • 40 ,
Cot~~; a, white, Chicago ...••.. dolls. per bu __
1
1 • 37 :1 . 38 . 43 ,
1
. 39 il
To producer _________________ dolls per lb.. . 056 i: . 055 • 061 . 053 In New York, m!ddling _____ dolls. per lb.. . 066 11 • 053 . Oti5 . 064 •
Cottonseed oil, refined, yellow, '1 ., I prime, New York _____________ dolls. per lb ..
1
. G:l9 i1
• 042 . 047 . 045 : Cotto~ goods: , II i
Pnnt.cloth 64 x 60 ••••..•... dolls. per yd__ . 036 1 . 034 • 0361 . 038 1 Sheetmg, brown ____________ dolis. per yd.. . 042
1
1 • OH . 047 . 04!i I Cotton goods (Fairchild).rel. to 1911-1913.. 85
1 % 87 1 91 I
Cotton yarns: 1
2211 cones, Boston ........... dolls. per lb.. .175 I .181 ,192 I .1891 40/15southern spinnlng ______ dolls. per lb.. .2\JO
1
1 .295 .312 .315
D~~~-~~~-~~~:~~~~~~c_a_J~_rel. to Aug., 1914.. --------- J 157 157 157 I Dru~s. crude ••••••••••••••. rel. to Aug., 1914 .. ---------il 116 117 118 'I
Essential oils ..•...•.•..•.•. rel. to Aug., 1914 .. _________ 1,i 59 61 65
Flaxseed, No. 1, Minneapolis.dolls. per bu.. 1.41 .i 1.43 1.46 1.32 Flour, see under wheat flour. I' Food, wholesale, see under individual items. il Food, retail (Dept. or Labor) •••.• rel. to 1913 .. 1 109.3 :1 114.3 Hides: 'I
Green salted, packers' ! I he:~.Y native steers .....•• .dolls. per lb •. j 'ozG II: • 078
CaiLkms, country, No. !. ... dolls. per lb.. . Od I . 078
'He vised.
116. 7
I .08211 • 085
119. I
.077 • 083 I
10.00 .33
1. 331
.17 86
. 056 .0699
14.931
13.083
1. 62
3. 954 8.17
3. 705
2. 45 .0463 I
.42
.46
.44
'059 . 065
.044
.041
.050 95
• 201 .326
157 118 70
1.37
119.4
.090
.098
2.00 i . 2290 ! .0400
. 45 ; .154 .
10.00 I '28 :
J.33J I
,16 : 86
.056 ' .0729
14.73
2.00
.2290
.0424 .42
.157
10.00 .25
1.331
.15 88
.063 .0770
14.59
12. 796 . 12.614
1. 58 '
3. 907 8.11
3. 704 :
2. 45 . .0525
• 46 . 45 .49
.063
.072
.059
.043
.052 100
.212
.336
157 118
76 1. 41
119.7
.113
.129
1.58
3.856 8. 09
3. 706
2.4.) .0581
• 57 .53 .58
.085
.093
.069
.049
.056 Ill
.225
.352
157 118 77
1.64
119.0
.120
.139
72.1 65.4 73.3
79.3 79.4 62.9
88.0
86.4 84.4 66.6 69.7
74 I 74.0 64.7
68.5 67.9 77.7
2.00
.2290
.0438 .39
.158
10.00 .23
1.364
.14 88
.068 .0803
14.31
12. 413
1. 56
3.816 8.00
3.692
2.45 .0563
.58 • 52 . 59
.077
.090
.068
.048
.054 112
.215
.352
157 128 77
1.48
118.3
.100
.129
73.2 67. I 73.8
80.0 80.5 65.3
87.6
86.8 85.0 67.4 70.5
75. 1 75. 1 66.6
68.9 66.9 77.3
2.00
.2290
.0438 .45
.165
10.25 .24
1.399
.14 89
.061 .0867
14.19
12. 270
1.60
3.838 8.04
3. 723
2.48 .0494
.56 • 52 .56
.088
.093
.069 '
.oso I
.o58 1
115
.223
.353
157 130 79
1. 55
121.0
.085
.129
74.8 70.1 76.3
81.5 81.3 65.4
87.5
87.9 85.7 68.2 71.5
75 9 77. I 68.3
71.1 69.0 79.2
2.00
.2290
.0488 .48
.172
10.25 .26
1.422
.1.1 90
.053 .0939
14.39
12.202
1.64
3.845 8.46
3. 760
2. 50 .0535
• 58 .53 . 58
.093
.102
.076
.053
.059 119
.231
.369
160 131 82
1. 57
124.0
.092
.135
76.0 70.6 77.6
82.5 82.9 68.3
87.6
88.0 86.4 70.0 72.0
77.2 78. 4 6D.4
72.2 71.4 80.9
2.00
. 2290
.0488 .44
.174
10.00 .29
1.477
.16 90
.056 .0985
14.85
12.608
1.69
3.999 8. 71
3. 791
2. 50 .0550
.60
.54
.60
.096
.109
.076
.055
. 059 121
.240
.382
174 130 81
1. 58
126.4
.090
.128
76.8 ' 70. 1 78.0
82.5 i 83. a · 72.5 '
86.9
88.1 86.5 70.9 71.5
78 3 79.3 70.6
72.3 71.0 81.4
2.00
.2290
. 0517 .44
,171
10.00 .28
1. 543
.16 89
.064 .0972
14.85
12.732
1. 77
4. 223 8.83
3.814
2. 53 .0563
• 61 .54 .63
.091
.110
.073 i
.os3 I
.065 I 119 i
• 239 I .390:
175 i 131 : 80 I
1. 56
127.0 '
.073 ' ,)17
51.2 156.0
2119.0 182.8 61.8
91.1 S4.6 90. u 92.9 85. ~ 97.2
7B. 2 7:3.1 80.7
83.8 84.5 73.3
88.7
88.3 81). 9 71.3 72.2
79.0 80.5 72. u
73.4 72.0 82.7
2.00 ~
. 2290 • 0525
• 44 .173
10.00 .29
I. 578
.17 90
.068 .09M
14.88
12 732
1. i"7
4. 270 8. 87
3.829
2. 55 . 0619
0 65 .09 . G8
.086
.102
.073
'052 '062
120
. 248
.390
175 133 81
I. 57
132.8
.O'J5
.125
24 SURVEY OF CURRENT BUSINESS March, 1932
MONTHLY BUSINESS STATISTICS-Continued
1 1932 : 1931 Earlier data for items shorl'n here mag . _______ _
be found in tl&e 1931 A11nual Supple- I ' -- ~-- -----, -----~ ----;-----.---!' ---------,-------ment to the Surveu i Januan
1 Decem-' Novem- October ·
1' Sepbterm-' August July I June May : April March Febru· -,1 January
ber 1 ber e 1 • ary , -------- ------~-------- -- -~----- --- ! ---·---·---------'----'---'-----~
WHOLESALE PRICES-Continued
Iron, raw: j Basic (valley furnuCB) .dolls. p<•r long ton __ , 15. 00 Composite pi~ tron_ .. dulls. per long tou __ : 15.55 Foun:Jry No. 2, I
northern ........... .dolls. per long ton--; 17. 3G Lard, prime eontrad, New 1
York __ ··-----------------------do!ts. per lh __ f 0 050 Lead. pi~, dosilverized, New I
York------------ ______________ dolls. per lb.. . 0~7fi LeathL•r, composite, wholesale I
price----------- -------·--------rel. to 1926_.1 ________ __ Leather, sole and helting, oak, I
and scoured backs _____________ dolls. per lb-.! . ~32 LeathPr, upper, composite, chron1e, !
calf black,,. ll" grade ______ dolls. per sq. (t __ : Leather, nides (see under hides). .
. 298
Leather, shoPs (see under shoe~). Linseed oil, New York .......... dolls. per lb .. \ Lumber:
0 007
Doug~as fir, No.1, ; common __________ dolls. per :\1ft. b. m .. ; Jl.JO
Douglas fir, flooring, 1 x 4, "B" I and better (V. G. Washing . ton) .. _. .......... dolls. perM ft. b. nL.f 22.S!
Southern yellow i Meatf:me .............. dolls. perM ft. b. nL.: 25. lli
Beef, fresh, rarr.ass, good i native steers, Cbicago ..... dolls. per lb .. !
BPef, fresh, carcass, steers, i Nllw York_ _______________ dolls. per lh ..
Cattle, corn-fed, \hicago_(lolls. per 100 lbs _ _i Hogs, hea>y, Chicago.ilolls. per 100 lbs .. ~ Sheep, ewes, Cbieago ..... .dolls. per cwL.I Sheep, lambs, Chicago ...... dolls. per lk_• Pork. hams~ smoked, Chicago i
---------------------------dolls. per lh .. i \fe~;teru dressed steers, New Y0rk
1
--------------·------------dolls. p~r It> ..
. 145
0 lf,~ 8. 9ci~ :(Hl 2. !)I] 5. 09
.138
. lfiS Methanol: ;
Hetlned _______ ............. dolls. pAr gaL: . 05 ~1i1k, condeuse<i~ New York __ dolls. per case __ : 4. 75 11! ilk, evaporated ___________ ... dolls. per case... 2. \JS Nonferrous metals_. ______________ re1. to 1~2n __ : ________ _ Oats:
No. 3, while, Chlcago ...... dolls. per l>u _ _', Oils and fats ____________________ .. rei. to 102i. -~
• 23
OleoH:argarine, standard, uncolored, , Cl!icago _______________________ tJolls. per lb .. :
Pa11er, nmvsprint, ro!Is, de~tination, : New York _________ .... dolls. per short ton .. ' 5:;. 000
.12:3
Petroleum: · Crwlo, Kansas-O!dahoma.dolls. per bbL i.!O 0:1.s and fuel oils, Oklahoma 24-26, 1 :
i i ! i i I !
1r.. oo I 1.1. oo !5. 2s 1s. so 1.1. so 1.5. so 1s. so 16.25 16. 5o 16. 5o 16.75 15. s•l
1 w. 02 · 16. 23 16.32 I6. 38! I6. 38 16. 40 _ w. 64 I 16. 75 16. 12 16. 82
17. 4d ! 17. 76 1
IS. 39 IS. 76 18. 76 i I8. 76 ! IS. 76 18.76 i 18. 76 IS. 26 18.51
.060 J ,071 .080 ,075 ,0751 .082: .083 .082 ,0Q0' .09-1 .085 I
. 0379 i • 0394 • 03gG • 0440 • 0440 I . OHO ' • 0302 • 0382 : . 0441 • 0453 . 0455
U!. 5 78. S 80. 7 83. 4 DO. 3 1
89. 8 87. S 88. 1 ! 88. 4 88. 4 89.0
'32 • 32 • 35 • 39 • 40 II, . 37 ' • 37 • 37 : • 37 • 37 • 37
.320 .323 .330 .337 .348 .35oi .352 .356' .350 .352 .354
. 071
11.0:)
n. 51
2G. 3!
.157 '
.172; 9. 344 I
4 2° ' 2:oii : 1. 80 ! .1.53 '
.172:
. 35 ' 4, 75 3. 00 ' tj!). 7
.:25. r
4~1
.134
50. 500
. iiO •
. 075
11.23 '
24.35 '
26.31
. 104
. 175 : !(}, 200 '
4. 64 2. 00 i
4. 98
.172
• 175 '
. 35 i 4. 75 : 3. 00 53.5
. 26 : 5! '
.133
!i7, 000
• 7JO 1
• 073
ll. 21
25. ()3
26.49
0 J.lf;
. 173 ' 9. 250
5. 41 ' 1. 63 5. 70
. IS2
• 173
• 35 4. 75 3. 00 53.7
• 23 41
. 127
57.000
. 560
.076
1!. 27
25.48
27.21
.148
.165 8. G56 5. 71 1.6.1 5. 94
• IS6
.JG,j
. 35 4. 75 3. 00 ' 66.8
• 22 51
.ll9
57.000
.560
.osal !
10.97 '
25.29
27.68 t
.144 !
. 15~ 8.620
6. 35 !.~s I 6. 95 '
.185
• 158
. 35 ' 5.00 3.00 t
58.0 !
. 21 62'
.105
57.000
• 434
.091
10.64
25.76 i i
27.82 :
. 129 :
. J4,j 7. 250
6. 24 2. 5() ' 6. 06 !
.173
.145
. 35 5. ()5
3.10 59.4
.23 i tiS
.106 '
.086
u. 25
25.98 I
28.15 I
.129
.145 . 7.320 '
IJ. 39 1. 55 ' 6. 98 '
.174
.145 .
.35 5. 65 3.20 58.9
• 27 64
.110 '
57. 000 ' 57. 000
• 238 .300 ;
.088 .
11.64
28.33
28.82
• 143
.155 i 7. 075 ! fl. 40 : 2. 44 8.36
. 182
.155
.35 5. 65 3. 30 60.6
• 28 68
.12'l .
1\7.000 : i
. 530 i '
. 092
12. 12
29.74 '
28.32
. 160
.172' 8. 563
7. 08 ' 3. 29 8. i6 I
.184
.172
.35 5.65 3. 50 ' 65.1
.30 . 72
.145 '
• 095
12.68
31. 14
29.66
.169
.I 0 9. 075 7.18 3. 79 8. 27
.187
.180 '
.40 5.65 3. 50 67.1
,31 71
.H5
57.000
. 092 '
12.86 ;
31.65
28.42
.178
'196 i
9.106 ' 6. 73 3.f>9 8.31
.195 '
.196
.40 5. i9 ' 3. 50 66.1
• 32 OS
.150
57.000
.850
refinerit)s _________________ dolls. per bbL_ · ________ . i • 338 GasD!ille, New York ...... dolls. !Jer gaL ' . l?:l , . i0:3 •· 111l1 :1~ : . Jrl
.3:9 .2so I .zo4 .385. .4oa!
. 143 • 133 • 133 • 133 • I33 i
57.000
• 530
.488
.133
.048
. 594
• 510 .133 • 051 .145
• 58/l ; .138 .053 ' .146 .
Kerosene, !.10° water wllite.dolls. per g<JL_; . OiG ·· . OH - . . 009 . ~nhrkating oil, cy!inder ___ .doHs. IJer gaL ______ ·---: ---··- ---- : _________ ! ___ .
P1g Iron, foun•iry No. 2, · Pittsbur~h ............... dolls. per long ton._· 17. :;r. ''
Potatoes._. ..................... dolis. p~r bu.. .17i Rayon, !50 denier "A'' ![rade, ~w,,? York ____________________ dolls. p{•r ih __
Rqsin, gum. New York ________ .dols. per bbL_ Ruhber. erode, smoked sheet::;, '
"'ew York ___________________ _ctolls. per lb __ Rye, :-.:o. 2, 1\Ifnneapolis~-------do!ls. per hu __ ; ~heep, e\,res, Chic>ago _______ dolls, per 100 Jhs __ i~H-.Pep, larnhs. rhkago __ . ____ Qoll. per 100 lbs--Shocs, men's bla.ck calf bluclwr, '
noston ______________________ l]olls. per pair .. -
~- 30 ii
. 011 II
.111 :r 2.0() i1
.;, 09 !! ,:
-----~<I Shoes, tn(m's dress welt, tan calf, i oxford, clt. Lonis ............ dolls. per pair ___________ .-
Shoes, women's black kid, :\fcKaysewed_~ _____________ dolls. per pair __ ' 3. 000 !
Silk, raw, Japanese, 13-15, New York __________________________ dolls. per lb_
Silk goods, rornposite ___ .. ___ .. ___ dolls. p~r yrL Steel beams, mill, Pittsbur;;b.<lol!s. per cwL _ StQnl, cru~le:
Composite, finished steel -- ...... ------------ __ dolls. per iOO lhs
Iron an•i steel, composite _____________________ doils. per long tun.
Steel billets, Bessemer _d•JIIs. ll'" long ton Steel scrqp, Chicago .. dolls. ;wr ~ross ton_ Structural stt>el beams_ dolls. per 100 l bs. Structural steel beams ________ rel. to in26.
Sulphuric aci<L ................ dolls. per ton Sugar:
Retail average, 51 cities_. _____ rei. to HH3. Hetail granulated, New York. dolls. pee lb_ Wholesale, 96° centrif., New
York _________ ............. dolls. per lb .. ' Wholesuie, granulated, New ,
York ______________ ........ dolls. per lh __ : Tea, Formosa fine. New York __ dolls. r'er lb __ , 'fextiles. generaL _________________ rel. to 1926.
I. 51
2. 11
?u. v·, 27.75
J.[il Ti.2,
15.50 !
9S : .0.\1
.031
. Oil
. 213
Tin, wholesale, straits, New York. •. _. _______________ dolls. per lb •. ! .21\1,
'Revised.
ri .. H) '
. -157 '
. 75 3. 51
• (l.H) i '15 !
2. GO ! t89
6. 311
4. 35 :
3. 000 ! 1. 070 i
• g;j :
I. 60 :
<) ltJ:
30.32 2o. bO 7. 800 I
1. 60 01. 7
15.50
100 ' • (j,)l
0 032
. 2135 :
' 11. 7fl I '.453
• 7l'i i 3. n6 !
• 016 i 0 51 '
2. 00 ' 4. 98
6. 311
4.35
3.150
2. 315 . 98 :
I. 60 :
2.18
30.61 ~9. 00 1 8. 000 :
L 60 i 81.7 i
15.50 i
102 .052 '
. 034
.044
. 225 62.2
. 2281
18. 3~1 '· !58
. i5 3. so
. 050 . 41
l. 63 5. 70 '
6 . .55
4. 35 '
3.150
2. 266 • 98
l. 60
2.18
30.81 29.00 8. 000
1. 60 81. 7
15.50
102 i • 052
• 034
. 0!5
. 225 63.0 I
. 2276 :
· 039 • 038 ! • 03S • 042 . 045 I -- ~- ---- ----- -· -- i.- -------! ---------:- --·------ i
18.76 • flO!
. 75 3. 87
.050 .39
I. 63 5. 94
6. iS
4.35
3.150
2.315 .98
1.60
. 2. 20
31.03 29.00 8.200 i. 60 i 81. i
15.5() '
101 I .052 '
.034
• 04.} .225 61.5
• 2468 '
18.76: • 767
• 75 ' 3. 94
.OM • 38
1. 98 5. 95
6. 75
4.35
3.150
2.1i12 . 98
1. 60
2.19
31.05 29.00 8. 375
1. 60 81.7
15.50
101 • 053
• 0.>5
• 046 • 22.5 65.5
. 2.5';'5
18. 7G ! .825 I
0 75 4. 28
.OC3 . 37
2. 56 6. Oil
6. i5 !
4.35 i I
3.150'
2.364 • 98
1.65
2. 20
31.05 29.00 8. 750 1
~4~~ I 15.50 •
102 i .051
.035 '
.046' • 225 66.5 :
• 2502 !
18. 7G . 753
. 75 4. G8
.063 .37
1. 55 6. 98
6. 75 !
4. 49 .
3.250 '
2.46,1 • 99
1. 65 :
2.19 '
31.02 l 29.00' 8. 750 I. 65 84.3
15.50 i
!02 : .050
.033
.044 :
.225 66.1l '
. 2341
18.76 i .870 i . 1s I
4.10 I .o'l4 I • 35 1
2. 41 ' 8. 3fi
6. 75 i
4. 60 i :!.250 '
:!.2il6 • 99
I. 65
2.21
311.39 ~:9. 50 8.875 :
1. 65 : 84.3
15.50
102 .050
.. 0.12
'043 . 225 ll7. 4
• 2320
• 145 '
18.76 .908
. 75 4. 73
.0114 .35
3. 29 8. 76
6. 75
4.60
3.250
2. 2il6 • 99'
1. 65
2. 22
31.61 30.00 9.813 1.65 84.3 '
15.50 '
104 ,050 '
• 033 :
044 . 225 68.2
• 2512
18.26 .849
• 75 4.!i4
.077 .36
3. 79 8. 27
6. 75
4. 60
3. 2.\0
2 . .161 .99
1. 65
2.23
31.66 30.00
10.000 I. 65 84.3
15.50
106 .051
.033
.043
. 225 70.0
• 2707
18.51 .867
. 75 4. 38
.076 .37
3.69 8.31
6. 75
4.60
3. 2[.()
2. i09 . 1.00' 1. 65 '
2.22
31.65 . 30.00 i
10.063 ' I. 65 ' 84.3 '
15.50
107 .053
.033 '
• 045 ! • 225 70.9
.2631
17.00 16. (l.j
1&. 76
. r9o . Dl>O
IJO.S
. 38
.OS~
12.8:?
31.33
30.73
.195
.205 moo '· :J4 :J.44 7. ~!.~
• 2(1.)
.~G 6.03 ~- 7.5 Gl. 4
0 32 II
.111
.850
.600
. 135
. 054
.165
1 ~. ifi . 0()3
.l\'i2 . :J~
3.44 7. ns
4. uo a. z:;o
2. ~07 1.02 I. 63
2.22
31.70 30.00
10. 21Y 1. G3 &3.0
J.;. ;,o 107
.U0:·:.
. 03!
.O-W
. ~25 71.3
• 2Gi0
Murch, 1932 SURVEY OF CURRENT BlJSINESS
MONTHLY BUSINESS STATISTICS-Continued
. -- . 1 1w~2 1 -
earlier data for items shoiDn here mau i- ._ 1-- -------------·---- -----·----be found in the 1!131 Annual Supple-- I -J) . i N' ' ment to the Surveu .January l ecc.n-! 1 O\em- October beptem~
WHOLESALE PRICES~Conttnued I'-- 1
her
1
ber ber
Turpentine gum, New York _____________________ .dolls. per gaL 0.10 0. 39 , 0 40 o. 36 0. 37
Wheat: No. 1, nortbern spring, !
Mlnneapolis _____________ ,dolls> per bu .. I No.2, red winter, !
St. Louls _________________ dolls. per bu .. ! No.2, hard winter, I
Kansas CitY---------------dolls. per bu> .I Wheat flour: ·
Standard patents, , Mil. neapolis _____________ dolls. per bbL:
Winter straights, 1 Kansas Clty ______________ dolls. per bbL 1
Wool: ~ Raw, t~rriwry, flue, scoured. dolls. per lb. ·J' Raw, Ohio and Pennsylvania, fleeces, :l-i
. 75
• 57
1. 59
3. 40
. !iS
blood, combing grease ______ dolls. per lb .. ! • 21 Suiting, 13 oz _______________ dolls. per yd ... ' L 400 Women's dress goods, French serge,
54-in., at factory __________ dolls. per yd ... - . noo Wo"ted yarns _____________ -<folls. per lb __ 1
• 92." ' Zinc, prime western _____________ dolls. per lb .. - .0301
I<'AR.M PRICES Cott.on and cottonseed (2) _____ rei. to lilll!l--14. Dairy and poultry produets (4).reL to 190~14. Fruits and vegetables (6j ______ rel. to 190~14 __ , Grains (5) _------------ _________ rei. to 1909-14. _; Meat dnimals (()) ______________ rel. to !00~14..: Unclassified (5)_ _______________ rel. to 19119--14 .. 1
All groups (27) _______ --------.rei. to 100!l- H .. i ItETAIL I'R{CES !
4.i 85 70 .>2 G8 11i f.: I
Retail roo'! index (Dept. or Lal>or).rei. to 19l3 .. i 11/J. :; Reta\1 t'Oallndex (Dept. o( Labor).rel. to l9l~L\ l'::l. 2
AIRPLANES
'73 I
-57
-52
4-::il
3. 22
. 5S
-21 l. 400
-925 . u:n
-0~15 '
4.1 99 6i; 52 I 6~' 49 j 66
,l• ~~~· ;Jl I "- '
- 80 '
-62
-59
4. 84
3. 03
. 5~
. 21 1. 400
9. 25 . 950
.0321
50 102 58 57 76 51 71
l!G. 7 18\1.1
-71
.52 '
• 43
3.10
. 21 1.400
. 925 '950
.033~
42 QD 70 46 79 5:J fl'
liU. I 1'>9.1
.69
.47
.43
4. 24
2.DO
.62
.2i1 1. 400
. 925 • 950
.0374
47 93 83 60 86 ii5 72
ll9. 4 188.7
Deliveries, military---- _____________ number __ '---- ___ ._ 75 54 81 67 ll Exports, during month _____________ number..: _______ _
Production: ' Comr:wrcial aircraft_ ____________ number __ fil
ll 60 100 'liiQ
11 Manufactured lor export. _______ numbe; __ 7 JO
AlJTOlUOIULES Produdlon Index (Fod. I,es. Bd.)
------------------------------rei. to 1923-25.. Production Index (elect. energy ron-
surned) ______________________ rel. to 1923-25 .. Pssseu~er cars and trucks:
Production, actual-Canada-
TotaL_--------- ______ no. or cars __ Passenger cars ________ no. of cars __ Trucks _______________ .no. of cars __
Fnited States-TotaL ________________ no. of cars __ Passenger Cl\fS ________ no. or cars __ Taxicahs _______________ no. of cars __ , Tmcks ______________ .... no. of cars ..
Electric Industrial trucks and tractors: 8hipments--
1>omestin ____________________ number __ Exports _____________________ .number .. _
Autos, parts and accessorJes, export value E~p~-rts-(as8etn-hle-d): __________ thous. of dolls __
From Canoda-TotaL _______________________ no. of cars __ Pas~enger cars _____________ no. of cars __ TrtJCks ______________________ no. of cars ..
From United States-TotaL __________________ .•. no. of ears .. Passenger csrs _____________ no. of oars .. Trucks _______________________ no. of rars __
Financing: United States-
Wholesale deliler; ______ thous. of dolls __ 'rota! consumer~. _____ thous. of dolls __ -New cats ... ___________ tbons. of <lolls __ l7sed cars ... ____________ thous. of dolls __ Unclas•ifled ___________ thous. of dolls __
Csnada-'I'otal new and used cars ,
33.6
3.101 ' 3,ll2
6\U
7X. 1
2, 432 : 2 2,024
'408
65.5
l, 247 812 435
110,3-14 '!21, 541 : 61\,867 98, 700 96, 7 53 ' 48, 185
9i 1,141 ' 999 20, 541 2 23, 6H 19, 683
2'1 0'
(), 70[) I
548 i 22,)
fl, ~lf:U 4,174 ~. 515
>4 83'' 44: (j\-)2 za. 4\JJ 20, 00;)
1,183
21 1
7, 925
244 147 97
9,1!.'\G 5, 7.13 3, 33:!
29, 2S7 [,0, 432 : 27,30() ; 2I,oliO
1, 207
19 2
5, 548
398 275 1~3
3. 112 1,92.3 1,184
N:!dc!~~~~d-trucks~=~~~~~: ~l ~~n::: ::::::::: ' 2, 14ti 982
Used cars _____________ tbous. of dolls .. : _________ ' 1,lfi5 New passeng-er-car, registrations
26
57.4
1,440 ' 7tH 1}7~)
40
53.7
2,646 2,108
538
80, 142 140, 066 57, 7M - 109, 087
ll51 141 21,727' 31,338
](;
1
8, 492 '
G::lO 476 154
7 707 3, 207 4, 500
::,tit):.! 1. :!~4 J. :l:Js
39 • 8,658
690 557 133
8, 748 4,5'17 4, 171
3;), 811 G8, :!~.j :;g,,;HJ 27, \81
:?, 09.i
:!, 614 1 239 1; 375
0. 36
. ~5
.47
• 43
.... 21
2. 90
• t)3
. ~3 1. 490 i
• {;25 i 1.(10:
.<1382
119.7 18/l.l
56 18
'If>-! 18
52
43.6
4, 544 3,420 1, ll8
18?, 1~7 lu.), 3"'1
104 31.772
37 13
10,651
740 542 198
t:, 05.; 5,69fl 2, 3;j6
4;i, Q.J:~ 7 J, .JCJ;j ~~:. S;iti 30, 481;
:?,:N;i
1()31
July
0. 3~
.61
.48
.44
4. 13
3. 81
.62
• 21 1. iV4
. 92J 1.00
. o>su
84 lW 51 U2 5~ 7U
119.0 131. :l
221fi 15
60
55.9
4,2:.10 3,1-51 ' l,Oo9
218,400 !H:l, yg;;
ISO 34,:317
G3 15
9. ~i9!i fi. 47:-) a. 01s
1~. s:.:; !Jfi, 911 5tl, 30d :14, t:h ~. •IS-I
4.l'id 2,102 2, 094
June
0.55
• 74
. 72
.tiS
4. 75
4.1~
• t}2
• 20 J, 4V1
• 925 1.00
-03-12
65 : 85 i
114 I
c7 1
9l 59 ' 80!
il8. 3 180.8
7'l 21
'262 21
71.3
6,835 5,583 l, 252
May
O.M
. 81
.79
.73
4. J.l
• 63
• 20 1. 494
• 925 1.00
• 0331
74 87
119 74 99 62 86
121.0 179.-1
ftS 11
77
89.7
12,738 10,621 2, 1!7 !
250.640 317, Hl3 210,016 ' 271,135
360 340 40, 24-l 4.5, G8R
12.755
1,021 7~9 232
10, 183 ; ~-'3
4: 3-io
.1K, 172 10-l,t}-t.? IJ:~, ,"i.'i:l :~7. 088
:1,099
4, PlS 2, 445 2, 474
69 0
14,174
1, 512 l,(J83
429
12. 91){1 8, 4(;8 1, 4Y~-
~- 3i7 3, 440 2,877
------------------------------ _____ no. ol cars. ____________ , Sales (Oeneral Motors Corp.): , 1
17,564 75,829
34. &73 23,716
lUZ, 639 1~4, 903 !55, 74-1 l .• :t, 3·.:2 201. ~11 247,727
Total to consumers, U. s ______ no. of cars __ I 47,942 ,i rrotal tO dealers, U. 8 _________ 00. Of Cru'S-.! 65,382 11 Total to dealers, Including Canadian and --
oversPAS ___________________ -~no. of CirS_.f 74, 710 Fire-extin~uishmg equipment: '
Shipments-Motor vehicles __ ----------- .number .• , 39 IIand types __________________ number __ ' 1g, 955
Accessories and parts, shipments: ' Aceessories ______________ rel. to Jan., 192.> __ ----------.: Original equlpment.. .... rel to Jan., 1925 .. ---------~ Heplacement parte ........ re!. to Jan ,1925 ____________ _ Service parts _____________ rel. to Jan., Hl2b .• ---------- 1
Rim productlon ________________ thoWJ. of nDJJi ........... 1-
1 Rulsed.
103384---32---4
53, 588 68,650
79, fl29
76 19. 437
66 59 94 49
147
29,%9
"~ 20,624
73 48
103 60
638
4fl, 042 51, 740 fl~, 876 3-\,0-14 103, 303 122.717 21, 305 47.895 62,667 I 78, 72~ : 100, 270 136. 778
25, ~~?[1 58. 122 70,078 S7. 4•W ' lll, fj(i~ 153, 730
80 24, 72ll
80 ~~
129 6~ '
282'
64 28,720
f5 54
138 67
OC6
60 70
127 ' 7Q
Q2~ i
72 :19, S95
57 79
124: 8l<i
813 '
90 29. 69d
~~ 91
122 ' 1f"l~'
1,0815 :
75 31, 117
61 129 128 117
1, 508
Avril
O.M
. 79
.80
• 73
4. 71
4.02
. 65
• 22 l. 494
. 968 1.00
.0372
:·s 96
120 74
106 63 Yl
12<. 0 181.8
63 8' I
'208 2~
77
00.8
17, 159 14,043 3,116
1\farcb
0.53
• 76
• 78
• 70
4. 67
1. ou - ()6
2'' 1.543
1.050 1.00
-0400
80 99
109 74
100 65 91
I2o. 4 1~7. 7
93 9
'188 9
67
94.1
12,093 10,483 2,510
33G, 939 276, 405 286, 252 230, 834
61).5 4lll 50. 022 45, Wl
18,004
l, 172 763 409
lf>,727 11,228 5,4W
71, 194 i ii:?. 9b2 I 70, 545 :l9. 540
2, 891 i
6, 254 1 3, 376 ' 2, 878 '
'
84 9
18,494
1, 8.13 l, 327
520
17,-528 11. 52n 6,002
/j;{, ovo 1
01, tJU7 : i~·\ 0:!:! ! J•:,li89 -2, j87
3.543 l, 800 1, 6[;3
21J5, 732 i 200, 841
13S, 663 101, 339 132, 6:19 98, 943
1.54, 252 119, 195
72 32, o38
66 127 m:
1, ns I
76 34,248
65 117 110 116
1, 420
25
f'ebru- i January tlry -
-"-- -i --!
0. 46 0. 41
• 75 . 76
• 79 • 78
. 69 .69
4.85' 4.96
4. 06 4. 09
• 66 -68
-23 • 26 l. 601 1. 601
J. 050 1. 050 1.10 1.10
. 0401 • 0404
76 72 96 108
109 108 75 77
106 112 67 69 00 91
127.0 187.6
74 7
76 7
68
88.9
9, 871 7,529 2,342
219,940 li9, 8(1{)
529 39,521 :
i 501 6
I
16,071 !
l, 5r.5 881 684
13.374 9. 187 4. 187
·~. 81~ 6D, 130 i ~)U, 8!"·4 : 27,707 !
1, oGs I
2, 3t)l i 921 '
l,Ho I 134. !33 ! fi' 976 bO, 373
96,003
69 29,280
53 95 99 G7
1,011
ll:i 12
'1>2 J~
67.5
6,4!Jfi 4, 552 1, 944
1 Z!, ~4~ 1,),, HO.J
512 33, f,:$1
33 5
14,353
a, 054 1, 798 I, 256
12,8:l8 8,304 4, 534
40, ](;5 111,119~ 32, ~45 27,236
1,510
2,197 910
I, 281
126,786
61,566 76,681
89, 34U
56 27,713
46 84 98 92
681
26 SURVEY OF CURRENT BUSINESS March, 1932
MONTHLY BUSINESS STATISTICS-Continued
I Hl32 ': 1931 Earlier data for items shown here mav L - I
~ f~u~d /;:e t~~r~!!1 Annual Supple- l ~a1:·1~ry 11' ll;;~~T~~;;;;,. i October 1' Septem-1
1'. August 1 July June May ~. April March Febr~~January en ° 1 ' ' '
1 her her 1 I her : I ary
~:;~~~~~~~~DALLIED PRODUCTS! ~· .. --- -·------~---.. -,--- ------~---------,---
1 ·j I I
Production Index (Fed, Res. Bd.) .1· 1 , i
petroleum retln!ng. __________ rel. to 1923-25 .. , ......... 1 150 155 161 161 I 165 162 161 163 · 161 Production Index (elect. energy 1 '1 II
consumed) __________________ rel.to 192:\ .. 25 .. ; 134.311 '118.2 138.9 142.0 i 144.6 137.6' 137.7 132.7 133.8 137.4 Prices, wbolesale _________________ rel. to 1926 .. 1 75.7 ·' 76. I' 7G.1' 75.6 ]
1
76.31 76.9' 78,9 79.4 S0. 5I 81.3 Stocks, manufactured goods, 1
end or montb ________________ rel. to 1923-25 .. , 12D. 6 ;: 2 12il. \1 , 13!. 9 127.0 : 120.4 117.4 119.2 124. 1 129.3 i 129.0 Stocks, raw material, end or : :! 1 month. ______________________ rel.tol923-25 .. : 118.1:: 119.3 133.9 120.71 99.5
1
85.3 86.7 87.9 88.4! 91.5
Chemicals
Acetate or lime: Production ................. tbous. of lbs .. ·- ...... .. t'hipments ................ thous. oflbs ......... .. Stocks, end of month _______ thous. oflbs . , ......... . P~ice, wholesale ........... dolll. per cwt ... ; ~- 00 ·
Arsenw, crude: 1
Prodnction ..................... ~hort tons .. I ~· 0'}~ Stocks, end ofmonth _________ sbort tons .1 ,,t:c.-.
2. IIi! :),c!'iG ~;. 7i:"l
2. 00
::>, 81S , ti, UG
Arsep;gc{~~~j~~= ____________________ short tons 1
857 i 1,1:-2 Stocks, end of month __________ sbort tons_ 1 4,388 ·1, :2\~f)
Ethyl alcohol: I f'roduction ............ thons. of prcor gals .. ~-------... 14, 00~ Warehouse stocks, eud of
month ............. thous. of proof gals............ ,1, S/0
2, 226 3, 035
' 10, 039 2.00
1, 250 4,801
I. 126 4, 306
1, 52D , 2, 172 :
10,848 i 2. 00 '
1, 821 1
[l, 066 ' i
1,180 i 3, 907 i
I I
1,482 ! 6, 268 I
11, 491 I 2.00 I
666 4, 777
16,277 2.00
994 i 2, 594 4, 669 4, 977
1. 252 3, 528
1, 238 2, 616
16, 037 • 12, 952
15, 130 i 15, 885
12,363
17,024
840 4, 654
20,389 2.00
1,036 3,972
997 2,440
11,975
14,888
I, 853 3,856
24,203 2.00
1.407 4,280
1,024 2, 201
13,111
16,171
2, 953 4, 674
26,206 2.00
1, 491 4, 768
1,044 2,012
13, 120
14,711
4,400 5,160
27,927 2.00
1, 402 5, 265
964 I, 950
11,162
13,074
1~2
139.3 82.9
132.0
96.3
7,452 4, 465
28,687 2.00
1, 957 1 5,478
1,506 2,181
11,929
13,633 Withdrawn for denatllrtza. I
tion ................ thous. of proof gals .. ,......... 1\J. 350 Methanol, crude: I
H,084
12,690
15, 515
206, 41G
15,564
183,851
13,076
133,507
11, 637 10, 436
113, 892 154, 473
10, 491 10, 288 10, 541 I 8, 795
182, 273 247, 808 322, 049 483, 222
149
146.6 83.3
130.7
103.2
7,073 3,468 '
25,701 I 2.00
I, 494 i 5,862
1,409 2, 449
8,859
11,0081
6,296
465,728 ~[~~~c~~o~i.iiie- rii;i;t;.:·e~<i-oi----~anons. ·j-------.- ZIG. 23S
month ........................ gallons I :woe; 410,439 466,975 378,991 395,907 452,489 526,543 49!,192,520,865 415,489 395,855 Storl<> at refineries and In transit. gallon'. i n i. 2:;;; : 118, \i8il 117, 000 i 106, 103 145,400 157,094 98. 000 130, 207 36, 176 105, 238 121,522 F~xports ......................... g>~llons. i
1
! 3t~.o.:•:J .1!,535: 37,473 80,065 i 30,455 42,300 61,240 59,950 52,048 54,857 30,146 18,295 1\:Iethanol, refined:
Pri<-e, wholesale, New York. dolls. per gaL . :1.1 . 3.5 i . 35 . 35j . 35 . 35 . 35 . 35 . 35 . 35 • 40 . 40 Production ....................... gallons. 1 l-t!.S73: 87,486 56,474, 56,519 65.311 91,696 107,331 118,052 211,073 253,494 223,144 Sllipments ................... - .... gallo!ls 1 Jr,;,2fl2! 8Y,704 10,),060 I' 98.431 129,822 122,846 IJ0,454 25'1,707 141,801 199,500 221,279 Stocks, end of month ____________ .gallons.
1C 225, 706 ' 238, OY5 240,318 I 288,899 330, 8ll 395, 322 426,472 4211,595 569, 250 499,978 445,984
Price index numbers: Crude drugs ............... rel. to Aug., 1914. 1......... Ill; 117 1
61s5
I, 17180
118 118 128 130 131 130 131 ~~~:st~~dils.. ......... rel. to Aug., 1014
1
... _-.-.-_-__ --_-_' 5U' 61 76 77 77 79 82 81 80
plmrmneeutlcals ...... rel. to Aug., 1914. 157 157 157 ; 157 157 157 !57 157 160 174 175 Chemicals .................... rei. to 1927. o4·~,· gr. 86 86 j 86 86 88 88 89 90 90 89 Oils and rats __________ ........ rei to 1927 49 i 51 47
1
. 51 62 68 64 68 72 71 63 Plastic paints, cold-water paints, and calci- 1
mines i Sales: of-
Plastie palnt.s ........ thous. or dolls 57 41 ; 67 76 64 31 75 109 91 116 104 Calcimines ............ thous. or dolls.. 95 · 71 , D9 1451 162 127 141 165 162 175 122 Cold-water pai!Jts .... thous. of dolls. 50 •13 ! 52 65 81 83 86 106 104 90 71
Paint, varnish, and lacquer products: I Total sales (315 estal·lish-
ruents) .................. thous. of dolls. _ .. ___ .. 'l'rade sales ................. thous. of dolls., ........ . Industrial sales ............ thous of dolls ......... .. {Jn<·la"ifled sales..... . thous of dolls ....... ..
Sulphur, production (quarterly) ... long tons .. , ...... ..
i 9, 5fJfi 2 1!, 419 2 13,956 1 14,680 f>. OF) '6, 91.) 2 8, 499 'I 8, 956 4, ·Hti '4, 453 , ' 5, 370 , 5, 638
41 '50 '86! 86 -- ...... -,---------,--------- :•539, 231
I
22,. 600 21,689 17,972 14, 430 13, 477 10,461 8, 071 7, 999 7, 431
100 213 81 ____ .. ____ ---------'649,595
14, 269 7,844 6,282
144
144
132.0 84.5
128.8
107.7
8, 023 5,195
22,09.5 2.00
2, 803 6, 486
1, 570 2,419
11,869
9, 442
8,081
522,656
302,320 89,740 45,139
. 40 306,373 167.309 444, 119
133 81
175 90 71
83 96 60
13,586 7, 399 6,047
141
SuJphunc a~1d • i Produttwn_~- --~--------------short tons_ 1 117, D52 1 21Qt;, 782 Purchases- i
99, 654 106, 751 . 102,632 90, 772 105, 250 116, 447 146,458 163,647 184, 036
From fertilizer manufacturers 1
From fi,iri;ertiii,'Crmailtira~~t?::r;ons..i w. 892 '
14. ~>4!
E!poris::::~:~--~~~~~------:.-.-~----:~~-';~~~3~==1 :;:} ~l\~ 2;,~: ~~~ oi~: m ~~t ~~~ ! 15~: &~~ ~u~ 3~~: g~ 21~: ~~~ 4M;~~ Ia~&: g~6 Price, wholesale 66° ________ dolls. per ton __ , 10 .. 500 1.;. ;.ou J.). ;,oo 15.500 15.500 15.500 15.500 15.500 15.500 15.500
18,66.5 18, 802 ! 12,988 26,565 14,709 25,176 _______ __! _________ --------·
26, 189 I 35, 594 59, 244 200, 218 376, 076 304, 745
15. 500 15. 500 15. 500
15,424
218,844 452, 477 181, 775 Synthet.icdres, imports ........... pounds .. 1
1 440,G7V 371,392 462,346 454,165 356,106 399,213 675,058 502,248 Woo<! ot distillation phmts: I
l'onsumption. __ . __ ---------------~ortls .. l .......... 2:15S3' 22,136 21,885 15,596 12,123, 14,364 19,363 24,444 31,458 48,607 44,933 51,390 Stocks,endo!montb ................... cords .......... :12!,70-l 316,530 2.17,046 270,605 337,017; 326,990 338,821 335,809 379,562 370,449 397,788 393,770 Daily capacity- I
~~~g£:~~~i -down:~::::::::::::~~~~;- I -----~~- · 2. m , 2
' ~g~ Ug~ 1 ~: g~g 1 i· ~g~ I g~g i: ~ ; 2, :~~ 2, ~~ 2,1: 2' !ll:l 2
' ~~~
II ' I I I
C'ottonseed: I t'onsnmpt!on (crush) ........... tJOrt tone 58,1, 71X, 71:9 8GG,n94 862,032 451,324 I 59,148 21,424 42,951 85,851 157,477 279,622 397,163 595,230 R~ceipts at mills ..... thous. of short ton,.. 5·10 I, 25Y I, 570 875 1 95
1. 13 : 30 2 34 : 45 : 2 no • 157 '223
Btocks at mills, end or month I _____ -------------- .thous. or short tons : 1, 1/\1 1, 400 1, 585 1, 193 484 1
1' 60 i 25 33 46 97 : 210
Cottonseed ~ake and meal: i' I ' Exrorts .. _____________________ sbort tous.. 23, lEi 38, i;(i3 5tl, ono 39,829 10,2110 ! 3 wo I I, 304 225 1'971 6, 588 5, 750 Prodnetion ____________________ short tons._, 201i, ,);$4 ' '12'' ''IH 387, 573 385, 190 201,517 I 28:206 : 12,347 21,849 42,290 77,626 132,588
379
3,147 189,589 362,688
619
11,084 273,996 345, 184 Storks, enrl or month •••. ______ short tons .. !' 217,565 ! 2o2: 1><ii 167,359 :· 137,683 !l8, 845
1 106,358 : 146,888 192,293 224, ZS21 252,205 302,503
Cottonseed oil, crude: 1 ! Production .. -- _____________ thous. of lb~ .. ! 135,977 225, 178 270,412 269,031 i 136,699 17, 196
1
7, 089 14, 175 : 28,0221 52,002 90, 132 123,573 2 182,357 Stocks, end or month ......... thous. or lbs .. l13:l, 62D l21i, 761 144, 485 115, 9791 69, 745112,065 8, 086 17, 329 ·,·
1 33,056 43, 602
1
:. 71, 148 104, 747 , ' 127,827 Cottonseed oil, refined:
Factory consumption- 1 · 1 1 ! Total (quartedy) .......... thous. oflbs -!- ........ '297, 17!J ,'232,420 '242, 191 i ,3276 906 1
In oleomargarme ... ______ tbous. or lbs ... i 1, 363 1, 530 ---i;457' ---i:4so·: 1, 154 'r _____ 9iii'll"'"876' 1, 012 i ---i;26ii'l"'i;447': 1:621 II"'T465' ----i;875 Price, yellow, prime, New York i '
---------------------------dolls. per lb .. [ .GJ\J .0-!2 .047 .045, .044 i .0591 .069 .068' .0591 .076 1 .0761 .073 .073 ProductiQll ........ -------------thous. of lbs .. l153, 5~7 225,951 226,631 206,643 i 63,989 ! ll, 968 16,010 30,375 :I 36,7.53 75,847 116,564 131,521 149.906 Stocks, end or month. ........ thous. orlbs.. 555, 211 ': 489, 866 , 346, 559 231,079 I 17J, 945 : 212, 371 1 277,837 349, 276 i 406, 376 462,840 493, 760 495, 136 463, 107
• By 74 tertlllzer companies operating 104 phTJt~. I Revised. 1 Querter ende!lln mou~lllqd(Qllted.
March, 1932 SURVEY OF CURRENT BUSINESS 27
MONTHLY BUSINESS STATISTICS-Continued
Eab~efo:!::~ai~o;h~~';jsl•~'::~a~'&~p';l~! ~~~~=-~~~D--N----~-------~; -- -~--- ~ __ 19~1 I I ment to the Surveu January il 'b':rm· 1 0be~rn- i October 1 se~;~~m- August! July 1 June May April March 1 Febru·[January
------------------·---------- - ----- ---1~-~~- r ---:------~--- ------------1 ary 1-----cuEMicALs AND ALLIED PROD- 1 I' 1 ! , I I' UCTS-Contlnued 1 1
Explosives .1 I ' i Explosives, black powder, permissible and .
11j I I I
other high explosives: ' 2
,·,li'S I I New orders _________________ thous. oflbs __ 19,0951 18,648 22,657 j 2fi,970 II 25,803 25.437 -~ 26,719, 26,441 I 28,721 ,
1
' 26,730 25,44~ Productton _________________ thous. of lbs __
1
18,175 18,595 24,509 I 25,282 26,598 24,548 2.5, 068 25,981 : 26,960 27,647 25,4141 28,7.\1 I Shtpments __________________ thous of lbs__ 16, 148 I 18,087 24,035 I 2.5, 610 , 27, 408 24,867 i 25, 150 26, 611 27, 379 1 28, 000 26,598 27, 543
2 28,510 2 20,844 2 27,295 2 21, [)86 Stocks, end of month _______ thous. of lbs __ l18, 025 18,712 18,264
1 18,151 I 17,888 19,956 20,304 20,404 21,l15 I 20,639 I 20,929 20,219 .
1 Fats and Oils I 1 I I
Anli~l\~l~~l~~~:~~~~~~~:~::~=~~~~=: ~; l~:::J1
:::::::::11: m:~~~ ::::::::L:::::::I:J?~: ~~~ 1::::::::: ::::::::: :1~g: ~~~ i::::::::+::::::j~f~: m :::::::::!1
:::::::::
Ant~t.;Ic;r.;!'!d of qusrter _______ thous. of lbs •. ------ _ :I' 222,583 ---------i---------1'230, 99U ~--------- --------- '276, 983 '---------i·--------,'224, 398 ---------~---------
§[g~~~t~~~ ~~~~!~i~~~=:~:::~g~~~: ~i Jg:::i:::::::::.i: ~Ui~ ::::::::::::::::::: : ~?: ~!~ 1:::::::::;:::::~::: : ~~: ~~~ 1:::::::::i:::::::::;: ~~: ~t~ :::::::::~::::::::: Coc~-~~~~~j!fl~~r!:i';)~-----thous. of lbsJ _____ ___IIII' 142,435 ---------'------·-- '137, 730 II ________ : _________ '139,128 i _________ ' _________ !'138, 255 _________ , ___ -
Refined- : • 1 i ' '
1mportln:~~~~~~~~~~~~::::!~~~~: ~i!~:::~--~~:~~rl_f13
a:~~ --~H~rn~:~~r '~:E~ --~r~r:_,·-~n~rl' I :r:~ ~--~~:t~&"hH~-! I ru~ -·u:t~r-~::~tg l'ro<luction (quarterly)- 1 1 1 I 1 ! ' '
stJ:.~:JJ~f:~~~iie:.:::::~g~~~: ~; l~::r:::::::JI: ~g: I~~ :::::::::1::::::::: : ~~: ~~ 1:::::::::::::::::::1: ~~; ~~ ;:::::::::;:::::::::[: ~~; ~~~ 1:::::::::;=::::::::
Copra·. i;~~~~d=====~=========:::~~~:: ~: m:::;
1
1
:::::::::!.1l ?~N~ =========~.'=========,·m: ~i~ :::::::::'_:::::::::1?~~: ~~ i ::::::::: :::::::::i'·~J: ~~~ [:::::::::;::::::::: i i i : i i
•'actory consumption (quarterly) I ! · ' I I
Irniiorts::::::::::::::::::::::::~~~~ ~~~~-- ~--z:i; 955·:1 3 ~~: ~gg --20;953 +-iii;352" '1~: ~~~ --2o:zo7·i- "is:oi:i' i I 1~: g~ i --i7;87i"l ·-J8,-ii27·j' ~g~ --:i:i;iaa+- -34;o56
Stocks,endofquarter _________ shorttonS-.:---------' '25,106 ___ 1 '23,795 : __ • _ 1'17491 '----- _- ·'27,1671 1
Edicl.:'ct~~~~~ i1~~J:i~:!.-.-~~:J~~~:: ~~ :~:J::::::::il : ~: m :::;;;J1
;;;;;;;;; : ~: ~~ .;;~;;;;;;:, .. ~::;:;:;;;~ : ~: i!~ 1
1
1
:::::;;=;.=;;;;;;;;
1
1 : ~: g:~ ~;;;;;;;:;:1~;: - --
Fish o1ls: ; I· F~~~~~=-~~~~'_"-~~~~~-~~~~_"~~~~Js. of lbsJ. ________ j, '40. 893 Production (quarterly) ______ thous. of lbs-+- ___ . _ --i ,' 17,677 ::::::::::::::::::: : ~; m 1:::::::::1::::::::: ',~: ~~ :::::::::,:::::::::1 : 11: ~ ---------1----Stocks, end of quarter _______ thous. of lbs __ ,-- _____ --1~ 237, 933 ---------~--------- '247, 638 ---------:--------- '262, 106 1--------- ________ _!• 215,405 -- ·------~-
OreV~~~~~Y-~~~~~-'-"-p~i-~~-~~~~."~i~~~s of ibs __ j ____ ----~1' 49,688 1
I I 1
I
Lari§~;1~d11:::::;;;~~~~~~:::::: :;:::~:~~~~~:~-~~~~~ 3:3:~.::: ::~_-:_~_=:_:_·:_:_: 11t_-:_:_=_:_:~_=: __ : ,;
00
2;:!:,· ~7·1~ =::=:::1:::::::: .!~ 1:::::=:_ ::::::=f!~ 1==:::::::1
Ole~~~~~!~r~.~ of quarter _______ thous. ollbs __ :-- ___ ___ _ • 24, 757 __ _ o ----·----'~· ------·-- • 25, 140 ·~---------' ·---·----1' 26,081 ~--------t _ Consumptlon _______________ thous. of lbs •• f JU, 892 I 2?. 8~1 22,8881 23,401 19,499 16,483 9, 289 13,180 15,460 I 17,150 'I 10,573 I 19,751 I 27,237 Production. ________________ thous.oflbs __ , 20,38~ 23,113 22,1381 23,965[18,836 16,075l 11.271 12,6361 14,912; 19,618 21,1541 20,3351 25,740
Vegetable oils: : I 1 , I
~~~:~~~~~~~:~~~~~~~~~-~~~~!~~; ;;;~;)1 --5~:-:~~-11 ~~:;;~ --6:;:::-,~--5~;:~:- 5~;~; --~;:::-1--7:;:-~ 7;;~ 1--7~~=-r--5:;~:-i 6~~ 1 __ 7;~~-~---7:;~;: ~[g~~i;~ -~-~~~~!~~~~~::~~:: :; ::::: 1 :::::~::t ;7~.:: ~~-:~~~~r~:::::: '591~ ::: ::~::~::t:~:~::: '51;,: [~::::: :::::::::1.61;. ::: i::::~::J:::::: :~
Reflned _________________ thous. of lbs .• ,-- _______ ':a 525,448 ---------~~--- ______ '209, 759 1~---------!,- ________
1
.• 386,1761.---------' ---------!1 531, 6661, .. -------[
1
- _ -------Fertilizer ' i 1'
I ; I I
Consu_~~~~~-~·-~-~~~~~~~-~1~:. of short tons 172 i/ 67 66 1 94 91 40 i, 25 '1 74 !95 1
1,132 1, 3521 640 1, 343 Imports: :! I TotaL _________________________ longtons .. l---------1' 70,754 77,849 120,822 146,700 127,5991 97,358 I W,970 72,159 i 143,250 205,905 [ 141,421 I J:l7,172
Nitrogenous ________________ longtons __ i _________ 'l1 5l,670 52,837 61,904 70.022 47,9351 24,7:30 137,998 46,602 1 102,342 170,5H71 98,435! 82,4(•6 Otherfertilizers ____________ longtons __ ---------,, 3,202 6,563 5,516 4,063 4,763 902 3,983 3,019, 5,124 9,766 5,4381 6,764 Phosphates ________________ longtons ___________ :l 3,884 5,577 3,331 6,175 9,858'! 3,768 3,339 4,8321 5,578 15,158j 3,726 6,279 l'otash _____________________ longtons __ 16,268 i
1' 11,998 12,872 50,071 65,440 65,043 67,958 14,650 17,7061 30,206 60,394! 33,822 41,663
Exports: : I • I TotaL _________________________ long tons__ 79,242 ;I 80,469 81,703 94,416 127,953 115,207 I 89,409 89,194 107,918 11150,128 112,725 II 104,0491 !l2, 4G3 Nitrogenous _______________ longtons __________ _!1 11,877 3,284 13,452 7,554 7,682 I 7,078 7,690 6,637 25,146 19,819 18,336 13,331 Otberfertilizers ____________ longtons __ i--------_11 9,179 1,567 5,550 3,863 1,4251 1,164 1,926 9,498' 10,829 7,7551 4,734 5.117 Phosphatem~~eriaL _______ longtons __
1
_________ :: 59,213 76,78657
75,310140
115,962
151, 105,7
381731
S0,46'9,o7
•, 79,410762 91,2
14394
!1
1131,,o
1317
0, 84,6
486291
80,62>'8963
1
1 73,~;w,,,
Prepared fertthzer __________ long tons __
1
_________ ]: 200 ' Nitrate of soda, imports __ thous. of long tons.. 30 I' 17 30 34 49 ' 36
11
19 1 30 I 34 I 67 120 68 1
1
46 Superphosphate (acid phosphate): I ::
l'roductiou __________ thous. of short tons ___________ 1,, 188 14
532
14851 1
1!192 1 165~8.! 14
633
14056 1 1
10026
1, ~902, 320265
2143.91 1
,, 3102~'~ Shipments __________ thous. of short tons __ [--------- i 65 I ' Stocks, end of month [ :j I I ·
____________________ thous. ofshorttons.-1---------' 1,518 1,388 1,285 1,237; 1,275 I 1,158. 1,000 9961 1,101 1,8-16 2,2.~7! 2,2B2
Flaxseed 'I I Flaxseed,lmports _______________ tbous. ofbu__ 720 !1 196 1,234 1,468 2,469
1 1,339 i 1.68.~ I 1,150 !I 1,496
1
827 1,313 1 952 i 352 Linseed cake and meal: II I 1 I '
E•ports _____________________ thous. of lbs.. 20,563 11 32,838 42,782 49,027 48,615 1
' 57,736 ~ 53 225 I 39,769 38,172 1 30,818 39,847 18,238 1
1 10, 8.)3 Shipments from Minneapolis 11 ' I I
Llnseed-oil:----·----------------thous. oflbs__ 9, 773 !li 14,518 18,019 14,354 17,385 13,9721 11,4141 7,653 8,432 12,145 1 17,827 11,046 i 17,227
F~~~~~=-~~~~~'_"-~~~~~-~~~~~~~~~Js. of lbs .• --·------~'57, 354 --------- --------- a 70,504 1 ________ _:__ _______ 1• 95, 5441
1
----·-- J--------1• 74,092 1-------J _______ _ Prlee,NewYork ____________ dolls.perlb ... 0671 .071 .0751 .073
1 .076, .0831 091 .086 .088 .092 .095, 092) .088
~:sg~~~~~ f~~~a~~!~~apoi~hous. of lbs .. ---------1,!'130, 479 ___
4
_, __
12
.
5
__ 1 ___ 4, __
4
_
1
_
0
__ 1
1
•14
6
1 •. 2
8
0
0
5
6
j---.:-. 6
_
7
_:_1 _________ \'l30
6
,' 67:~ ~-·------- -----·--- 1118,417 --------- ---------
----·----------------------thous.of!bs__ 4,7821 3,152 ,. v 6,2851 "" 11,921 12,792111,552 9,5941 8,553 81~~~~-t-~~:~~:~~-~~~-~-t~~~:fhous. of lbs __ --------- '154, 490 _________ [ _______ j107, 508 I _________ ; • 78,200 I __ ------ --·--·--- 1113,192 : ________ _!__ ______ _
'Revised. 'Quarter ended in month indicated.
28 SURVEY OF CfJHR!~~T BUSINESS March, 1Ha2
MO~THLY BUSINESS STATISTICS-Continued
l!Xt2 1!131 Earlier data lor iten1s shown lu·re mcu
be found in the 1931 Annual Supplement to the Survey Augn~t July Jun¥? April :\lurch Fehru~ \January
ary
CHEMW,\LS AND ,\LLIED PROD· UCTS-Contlnued
Fbx~eed-Contlnued
Minneapolis and Duluth· Heceiptt' __ -~-----·---- -------- thous. d hu __ Shlpments ................... thous of bu •. Stoekst end of month _____ i __ thol...ls. of bu ..•
011 mills (Quarterly)-Consumptlon.. ______________ tLous. ofhu .. __ _ Stocks, end l'f qm,rtH ....... tbous. of btL. __ _
l'J\! fi·l0
)Hi 541 ~·;';!.
t (J•)t) i: J5P 1, 505
1,452 ~24
1, 422
1. ~2
2, 7(){)
7S6 1, 381
I 7,610 14,241
1.37
2, 43~ W6 747
:,7t. 3S6 675
1. 4l 1,64
4M 424 i
784 :
309: 314 973
17,205 ---------;--------1 1, 198 -- -------,--~ ------
1.48 I 1. i'ii ' 1. 57
426 286 I
1, 293 [
4Ul 213 877
.Price, No.1, Minneapolis~-----dolls. Dt'r btL. Production, crcp estimate ---" -- th•JU."\. of bu ..
1. 40 'JJ.vts
----~---- -- ~ ·- ----'
·-i---------
Naval Stor<'s Pine o!l: Produ<'tion .•. ____________________ gal!ous. _
Stocks, enri of month ________ thons. 1A ga)s __ R0sin, gum:
Net r~ceipts, Southern ports ........ bhls .. PricQ, "B," New York. ____ dolls. p€'r bbL. Stocks at 3 port•, end of month ...... bbls ..
Rosin, wor•d: Production _______ --------·------·_. bhls .. Sto~ks., end of month_--------- _____ .. Lb!c; __ :
Turpentine, gum; : Net receipts, SoutLBrn ports ________ hbl~ __ PriC'e, New Yorh ___________ doll~. 1'\?r )Z:d __ : Storks at 3 ports, end of month ...... hhls ..
Turventir)e, wood: Production---·----------------·----·._ r,LJs .. Stncks, end of mvnth ______ .. _ t1 f\ls.
102, :;,30 1. 7b9
2;., G14 :J. :lO
-126, 50B
~!3. jJ!)
!J ~~ 331
r., 2:;i . -~tl
101, OSl
:i, it~,; f). ;)!<.2
Roofing Dry roofin~ felt:
ProduPtifJn ___________________ short tons__ 10, '2"~7 Stocks, end of month __________ shnrt ton-; __ : 5, JSS
Prei;ared roofing. ship111ents: Grit roll ... -------·---- ..... thuus. 0' "1'-- :<90 Shingl.,•-
IndivtGuaJ 8.IJd sin::!le tHiekt.es~ ----·--------·---- ____ ttHH..<~. Ol ~qs.. C\t
Stri(J, patAntcd qnd hsxugou ________ _, ______________ thous. of : .. qs__ ::~i
Smooth rolL _______________ ._thous. ef ·;q:'-- 1, u~7 TotaL .•. -------------------thGU8. ur ~<1~-- J, 774
FOOD3TUF.I''8
Production Index: Food products (Fed. Res. .
Ed.) _____________________ rel. to l\i'l:J--25.. SU Food and kindred ~·roducts
(elect. energy roPsumed).r~!. to 1~23·-25.. 127.2 Stocks, manuractured
foodstulfs •..... ··------------'el. to 1\123 25.. ~.-•. :l Stocks, raw fooclstuJis ..•...... rel. to lil23-·25.. IOU. G
<:andy Sales by utA.nUflicturers. -- ____ thcus. of d-.)1!~ lti,b70
Cocoa
Shipments from Gold and N!gerhn Coa~ts, Africa ____ -----··------ ____ long tons._ .)2, 103
Imports ---------------------- __ .. long tons. Hi, 1)41 Spot price, Aecra. New York ... <Jollo per lb
Co tree Clearances:
Total, Bra~il £or UnitNl States-------------------Utous. v! tw.gs __
Total, Brazil for worhL •.. tlwus. of b;,gs .. Imports ______________ --------- ttl{m.S. of h::tg~. _ Price, Rio No. 7, Brazil gr3des __ Jolls. per lb .. Receipts, total BraziL _________ thous. or bag'3 . .' Visible supply:
United Stat.es _____________ thous. of ba~s-. World ••. ------------------tbouH, uf hagB ..
Dairy Product. BunER
Apparent ·~on~urupUon _______ tbaus of lht; __ Cold-storago holdings, tTeamery.
end of montb _____________ ..... thou~ o! !be Production (lac'torr) __ ------- .... thou>. oflh:;__ Receipts, 5 markflt~~. ~ __ . -- ~ thous or 11;:, __ Wholesale price, New York ..•. .do!le. p~r !h ..
CHt;EBE
lf7, l36
22, fJ'2i 11\J. ~t?4
~.'3.} ~',;G . ;!4
16!:, 695 lt 81.5
1W t19G : 176,97.3 172, i:i39 t, ~~'9 l. ~tiO ' 1, 845
93,1\80 R. G1
4SI\ SG3
~~· 2~2 9., 2.,8
JG, E41 • 3;J
112, :lll
~. Tn c., ow
~. 1~1 :J, 7G;3
JTi
21, ~.;(t '
~n. u~
~.:!, 117 40
! -~. :l&;
~, ~,G
5, H:~
~:'). 102 ' 101, t)')7
~~o. H9 ' • J[\
12u, r·~;\
:1, <,~J t~. ::.; ;
12,028 1R,J1fj 5. 45fi c .. c.:,n
:174 574
93 l:lO
2V9 470
1, ~~: k~~~
89 90 91
12!. g 144. 0 13t1. ,)
7.5. 7 2 S6. 5 68. I :X-5. 2 ' 210. 8 213. 3
-H,fi8£ 16,3,13 . 0425
818 I, ~07 1, :?oa . 070
2, 138
21, :l87 ' 2f), -119
'26, 613 1 ~~ l. O.i4 47,104
.11
2a. D8H 8, 288 . 0194 '
87{) I I, 529 i
936 . 063
2, ~19
21,2:19 '6. 322
7, 256 ~. 152 -0475
so:, 1. ·t8E~
907 i
• OoS 1.711
21,510 ~ 0, t27
1110, G38 : 18i, 114
42. 2-12 1 f:t .. 2~·;9 112,0n2 '1JL!.t\!J2 44, 92o , 4:l, ;.;,7
. 31 -34
25,058 lOS, 3.10
28, IJ?~ .. 1,
11 ), 17~
3. 7:1'; 4, sr;
18, 31'!) 4. 834
711
15-1
53,1) 1,198 2. b!J7
P3
142.0
81.3 204.4
22,955
6, 66:1 14, 104 .0463
711 1,26:;
794 . 056
1, 533
1,5-5/i •o, 493
189,4R3
80,152 ' 118, ~02 . 42, 8tj:J 1
-33
Ill, 205 210,711 1231,207 ! 210,012 219,053 1, 903 1,856 2,000 2,()]3: 1,958
1~9. 018 : 135, 810 165. 500 1:!0, 819 88, 741 4. 73
310,576 3. ~4 4. 2ll 4. 68 4. 70
·!;~. 173 43D, 241 436, 480 , 3ii1, 548
l7. 0>.4 2R, 4D5 34,747 ''3 '93 uz. 2\15 131,942 126,289 , 1:;4: s3o
35, .58.5 126,534
3i.ll2 53, ·159 . 3ti - 39
1 i4, ·121 1~~. ~14
2. C.07 s. 3:,s
17,143 4, 7t)1
B6
460 1. 067 2. 2:l7
4, 37(J 5~ 3v7
10, 717 4,\108
4St) 87:J
2, o:;
52,345 . 55
l:J1,905
5, 67b 4, 535
lf), 79.5 4, 3D8 :
520
131
512 843
2, 006
''7 0°6 ' 26, 102 ..... 54 i -56 Mi, 2iX 53, ~93
6, ~44 8, 383
19,9% : 18,001 4, 092 ' 4, 360
5i'O 533
541 555 965 1167
2, 230 . 2, 202
208,600 1, 81;2
38, 977 4. 64
26C., 056
33,544 120,9HJ
0, 5!.1 . n.~
45, '2:12
5, 740 9, y~;
16, G43 5, 37g
112
329 702
1,456
~9
146.1
97.4 213.1
88
H7.tJ
111.1 191.7
83 : QJ 96 87
15,558
4, :l55 13,546 .0525
592 1,2H1
8H .056
l, 495
1,592 6, ~44
12,17()
7, 783 17,746 -0581
530 1,161 1,100 .063
1, 462
1, 491 6, QOO
136. 2 : 126. 8 ' 122. 0 116. 8
l~, 3 ! 97. 0 96. 1 20p~. 51 !.6.2i 18~.7 1~3.7 •
15,512 f lli,G80 21,608 22,062
11, 870 : 11 720 ; 33, 8134 H, 892 ' 22: 520 I 20, 242 • 0563 ! -049·1 . -0535
7CO 1,504 1, 037 .068
1,535
1,395 : 6, 724 '
643 I, 333 1, 415 .061
1, 755
1,345 6, 286
1,080 1, RH3 1,126 .0.13
1,550 '
1,088 6, 136
48,353 20,942 .0550
849 1,5.)9 1, 407 .056
1,565
1.148 5.963
~20, 066 l'l
1, 839
27,322 I
4. 38 ' aoo, 695 ,
32,332 130,490
5, 354 .45
58,202
5, 634 13, ')37
13t 787 4, 677
330
60
277 i14
1,381
Q2
122.0
97.3 1n9
21,414
o1, 550 I 13,696 ' .0(;63
889 ' 1,590 1,289 .064
1,648
1,161 5,879
203, 731
104, GiS 136, 769 45,588
!97, 659
115 121 2158,126
5~. 522 .2fi
207. 978 220 758 186,041 175,538 ' 155,766
-28
89, 17~ 3.o 1.15 2 190. 278 i 2 177, 544
74, 154 ! 61,. ~13 . 23 ' • 24
17.19fi 10,010 30,~72 2 u2, 529 2125, 189 'los, o:.o
53, 566 4S, 739 43,2.111 .26 .29 .2S
Total, all varieties: ApparE>nt com;umrtloo _____ thous. of lb~ 38, Ol4 '07, ~-57 4~, 519 50. 202 47,384 -17,078 I 45, 394 51,689 ' .57, 266 2 49,805 49, 271 39, 753 Cold-storage hnldlnrs, ~r;d ·.>!
month.---------· ___ ...... th<·US of lbs __ Exports, Canada ............ thons o!lhs .. Exports, United St.ntP~ --~--thoU'-'. oflh:;:. __ Import,, Unitf'd States ..••. thou,. u!lbs ... Heceipts, 5 market.s .. _____ ... thous ,,!Jh•. ProduttJ0.n (factory) _______ th0US of lhs __
A meriran whole milk; Cold-storage holdings, end ol
month.--------. . ........ thous. oflbs .. : Whoiesal~prlr•, Kew York ... dolls. per lb .. :
'Revised.
G,';, 707 I 2 73, ~89 752 3, ~J:3 !37 !j()
':.~1 ?,~~~ d .. J.Jl
:.!fi, StiU :
5, 19:1 9 '104
~o: 72.5
78 :.{i[l 11.022'
1-10 '
8), 74:1 2it ~q,)
p·) tJ,Q,)7 i 7,179
1 c . .Sfi9 ! I3. t,.~s 33, 42-1 ~ 41. 480
B3~ 4:!4 jlj1 Cb8
llfl 5, 515
tl, 940 38, OC3
86,418 ' M. 003 u, D29 n, 4\Jn
124 HS 4,38\l 3,113
14,2t04 14.190 45, 127 l 53, 25,)
•1\1, 3oS '55, 775 60, 583 ! 63,968 65,802 68,814 68, 532 . 14 , 14 i . lc I . 1o 1 • 11 • 16 , . 1s
' Quarter ended In montb lndlcated.
7~: ~~~ i 119
.), 121 17,430 63,725
.1.5. 939 53, 172 54. 270 1, 517 50:. 491
1~9 121 20~ 5.U>6 6,471. 4,~11
12. 145 ' ll. 445 ' 11. 717 2 54.316 '12. 357 : 2 37, 29'-1
61,811 306 118
4, 062 10,406
'28, 180
58, 144 ! 42, 461 1 40, 542 41, 836 47,968 , • 14 i • 14 i . 15 I • 16 ; • 16 i
• A.a ot Dec. 1.
144,440 1, 7GV
41,345 4. 4,5
329, 620
24, 4S8 ]2;j, G30
7, 228 . 41
68.320
4, 7;y; 14, 1:17
13,045 4, 759
93
118.3
21,\148
3U, z:-s 16,481 .OiH9
952 1, t).f7 1,094 .008
1, 697
866 5, 455
loG, U35
46, i'9J 2 1lli, 110
45,644 -29
2 42, 703
6f~. 47J 918 12\1
4,123 11,600
229, lGfi
54,497 .19
Mareh, 193~ SURVEY OF CURRENT BUSINESS 29
MONTHLY BUSINESS STATISTICS-Continued
Earlier d~ta for Item• shmcn here may ~~-~~3=--_i! ______________________________ ~~-be found in the 1931 Annual Supple- T ; 1 , . \ , : ' i ment to the Survey .unu- :.Decem- No> em- 1 Octoberlseptem-, \ngust: Ju1y , J·•ne
ary ·, ber her 1 '1 her ' · ' · '· -----------------------,----·'-.~---- ·-·- :---- - ·-·----- --.-------- - !- --
May 1 April l\.T;,rch ' Febru- , Janu-ary ary
1''00 OSTUFFS-Contlnued Dairy Products-Continued I
Eo.:;s 1
Cold-storage holdings, end of mPnth: I Case _______________ . ______ tho us of cases __ i Frozen _________ ---------- ____ thous. of lbs .. j
Receipt-", 5 markets ___________ thous. of eases. 1
! MILK
Condens~>d milk: I
C6·1 , : 1, 475 72, 301 2 79, 1H8
936 652
Exporte. ______ .. ________ ...... thon,_oflhs __ l 2,310 .. 1,233: Tot~l stoeks, mnnufacturers, end of 1
month- I Ca.:::e goods ______________ thous. oflbs __ ! Hulk goods ______________ thous. oflbs_.\
w·ho1e~;~ln price, NP.W York dolls. perc~e .. ;
D. J.l:i , 12, 506 ' 8. 2ii8 ! ' 7, 929
475 4. 75 1
Evaporated milk: I E:tports ____________________ thou~. oflbs __ l 4,[)02 4,3137: M}<~~~~f~:.·tt!r~~s~ stocks, end of month- i
rocaJ ch.,U goOdS ... ______ thOUS. Of lOS .. , 127, RS:l 132,011 , Fln~-~~:~:~leprke,NewYork_ddls.pereaf!e_.l 2.98 3.00 j
Consumption in mfr. 1)[
oltoomargarine __ .. __________ thou.s. of IUs .. , Produdhn, :rv1innuapolis nnd
St. l'auL _________________ thous. of lbs .. 31. i32
5, 948
Heeelpts--Bostnn. int~ludin(l crzsm.thous. of qts __ --------- 19,028 [ Greeter New York ....... thous. of qts .. ---------' 1
Powdered milk: Exports _____________________ thous. ollbs .. 1\{anufacturers' stoeks, end ,
of month __________________ \hrous. or !bs .. K<lt new orderel ... ---------- thous. of Jbs ..
Produ<'tion, condensed and evapo-
725 !
25, 492 ;, 24. 198 i 7, 911 ! ' 8, 486 i
rate'! mtlk _____________________ thous. oflhs __ 131,118 :116,319 , Exports, condensed and e>aporated
milk. _____________________ ...... thous. of lbs.. 6, 812 ! .>. 600
l'!sh Cn.nrwd :-ih1mon:
g,ports, Canadn .. --------- ........ eases.. 87, 33H 64,975 Shipments, LJnited 8tates.tbous. of eases __ --------
Cold-stilrage holdings, 15th of month __ ~---------··--- ____ ---- _tbons. oflbs__ 63, H\!7 72. a43
•rota! cntch, principal ports_ .... tbous. ,,fins__ 15,749 14, 155
Fruits and Vegetables
Export value, fruits und prep-arations ______________________ thous. o! dolls.. 7,414 2 6,617,
Apples: Car-lt.1t shipment _______________ rarload~L- 8,149 Cold-stur?.be hnldiugs, end of
rnonth ___ · ________________ thons. of lJbls. _ --------- i Pro•luf•tion. erop estimatfL __ t.t.wus. of bu_. --------- : ________ ;
Citrus fruits, car-lot shipments ______ carloads__ 12 270 I 10 684 ' Onions, ear-Jot shimnents ........... carloads.. z: 120 .1
1 2; 194 \
Pothtoes, car·lot shi;m1e-ntfL---· _____ carL.tads.. 17,465 1 13, 141 1 Production, crop estimate. ______ thous. of bu .. ____ -----'1--------:
7,245 :
I . I .
Grains
Total grain exports, Including I ' tlour __________________________ thous. oll!u.. 8,411 '
1
12,578 i
BARLEY i I Exports _______________________ tbous. o! bu.. 129 :I 27~
Price, N_o. 2t Minne~polis _______ dolls. per bu__ . 51 :I . 51 Productwn, crop es!Jmute _______ tbous. of hu ___________ : _______ _ Receipts, principd! markets ... __ thous. of bu .. ___ ····-- _ ' 2, 005 I Visible supply, ond of month .... thous of hu.. 4, (J:JO .j 4, 226 '
CORN :I
Exports, ineludin~ rueaL ________ thous. of btL. 177 !_'I 120 • Grindings (starch, glucoso) ______ thous. of btL. 4,630, Prices: ·---- 11
1 No.3, yellow, Chicago ...... dolls.per bu.. .:J7 'i .37
1
·
3, 447 86,407
578
5, 745 7, 960 9, 016 , 9, 504 I 9, 507 7, 887 l 5, 11)2 ' J, 893 408 i 735 94, 816 103, 302 1 110,271 : 114, 700 1 113, 513 lOR, 607 : 91. 517 7~, 001 " 73, 889 .
1
' 75,685 722 943 ' 1, 053 I 1, 180 : 1, 862 2, 236 2, 4 78 2, 0-16 1, 264 1, 020
1, 443 1,180
].), 130 17, 264 8, 607 110, 032 4. 75 4. 75
4, 240 3, 610
1,309
20,349 11,007
4. 75
1,477
22,504 Hi, 001
5. 00
1,862 l, 372
I 24 071 I 23, 9?8 16:221 I 1s, >•n2
5.65' 5.65
3. 659 : 4, 46~ i 5, 892
1, 973
19,892 19,163
fi. 65
5,114
1, 853 ' 1, 873 : 1, 345
12, 3~0 i 13, 227 15, 'K'/f.7 I 16, 273
o. 6o 5. 65
13,051 16, 171
5, 79
5, 311 I 5, 034 ; 3, 775
2,40&
13,928 18, 5\J4
ti. o:J
5, 2ijg
139,814 129,802 136,408 181,745 . 275, 9Sl 275, 2RO 230, 7:lli 171 7M : 1-'0, 931 3.00 3.00 3.00 3.00 3.10 3.20 3.30, S.DO 3.50
136, 89o ' 157, 152 3. 50 1 3. 75
5, 625
26,854
6,142
25,224
4,849
21,751 33,978
4, 199 i 2, 943 I
24, 012 ! 27, 436
3, 432 3, 7\H
36,244
5, 381
32, 6!;4
:;, £127
36,245
I
li, 814 '
33,02(i
7,464
34, 333
18,52\l 19,558 19,598 20,545 i 21,615 21,021 21,023 19,87; 20,312 !7,444 18,3.53 107,846 113.537 115,390 115,166 ; 120, ib2 : 116,580 115, 1!1 JJO, 313 113,329 101, 197 110, 42~
712 970 854
23, 30-5 ! 23, 572 26, 711 8, 494 I 9, 914 14,331
1,047 l. 085
35, 922 i 33,216 l 42,628 11,062' 11,816 11, 10~
115,920 :. 139, 197 '119, 741 '137, 085 :'174, 207 ,' 232,389 i
5, 683 i 4, 790 4, 068 5, 943 ' 7, 754 . 6,:396
I 69, 327 ' 59, ggo , 47,423
902 524 I 340
57, 518 48,350 ' 30, ~00 33, 612 : 28, 626 25, 655
s>. 848 !100. 138 91, 873 430 i 539 632
74, 667 ! 73,018 68,083 20, so8 1 24, 941 2s. 439
I
i
!, ~f>G ' 1, 414 ' 2, 282
43, 148 . 40, f.02 41, 363 11,047 : 12, 145 10,606
2-!2,68S '195.021 12178,395
7, 0."7 f;,W7
59, 883 91, 0.'>3 101, 817 384 290 334
31, 2R3 • 2~. 095 38, !itl7 24, C~l:i :lO, 94£1 30, 081
1,001 366
11,744 41, 122 9, 492 10, 253
' 039 '148, 329
7, ()72
45, ~~~~ 401i
71,817 JS,a5a
11. 563 1 16, 181 9,162 s. 041 7, 587 1 5, 692 6, 549 · 6. 44f> 10.717 s, 946 : 10, 682
14, 339 ! 30, 137 12,597 1, 869 3, 155 ; 1, 214 2, 005 ' 3, !nil ·'· 700 7, 115 ' 7, 806
'2g: ~gg !--~~~~~~-~---~~~~~- ------8~-1------~:.· -----=~:- -----~~~_' -- _1._£~~ -.:~ g:~- ---~~=~:.; -- ~~:-:: 11, 049 8 706 5, 688 6, on 9, 407 ro, 6'•3 15, 58,; 1 15, o-J~ 17, :.;2 13, 1180 , 14, J'•7
2, 304 4:014 3, 776 2, 208 I 1, 6.57 2, 122 3, 703 2, 377 2. 540 2, (ol0 I 3, 4-14 11. a68 1 24, 392 16,979 11, 111
1 20, 161 1 27, ost ~a. ~95 n, os2 23, hOI 20, C24 1 zo, m1
• 376,218 !--------- --------- ---------'---------'--------- --------- --------,·-------- -----------------1 '
14,999 : 17,296113, 124 13, 439 : 18, 750 ! 13, 161 11.224 ' 8, 118
j
I U, 001
I
6,0G7 j 6, 610
m •[ m1 L~ m, ~ ~. m m m, m
' 19~j~i ---5~~~~-~---5:i~~- ---5:&::LT;~~-:---2;i~~- ---2;~~~ ~---2;~~~-'---2;~:~- 1 ---z:~~~-i---2;~;; 4,963 4,770 4,138 4,039 · 3,441) 4,l2ti •.62fi 'i,o62 7,840! fJ,-583 ~ 10,7:l1
508 6,348
• 43
256 6, 318
• 38
' '
165 5,912
.42
201 i 4,6651
. 46
556 5, HiS
.57' 1-;o. 31 yellow, Kansas
City---------- _____________ dolls. per bu__ . 39 i . 39 i . 46 No.3, white, Chicngo _______ dolls. per ~u.. . 37 1 • 38 I . 43
HA'l ,, .. II 3, 487 i Receipts ________ .. ·-----------number of cars ____ _
ProductiOn, crop estimate ..... thous. of tons .. __ _
Prod!-!ctwn crop cstlmato_ .. -~----tho~m. of ou _______ ---·1--------,t 2,556, 863 Reemp!, ________________________ thous. of bu__ 10,421 !110, 767 i 11,741 Shipment, ____________________ .. thous. of bu.. 3, 603 I 4, 346 1 4, 884 Visible supply, en.! of mo _______ thous. o! bu__ 14,736 1113,192 : 10,079
!I
0.\TS
Exports, including meaL ........ thous. of bu.. 133 ;[ 255 ~.50 Grindings, Canada ______________ thous. of btL. _________ :! 1,151 . 1, 7ti2 ' Price No. 3, white, Chicago _____ cl,,lls. per btL. . 25 ,i . 25 · . 26 Production, crop estimate .. _____ thou•. of bu __ . _________ ,\ ________ • 1,112,142 Prod~ct(on, oatmeal, and rolled . 1i
oat.., Canada .. ________________ thous. orJos .. ---------'115, 172 ReceiiJtS, principal markets. ____ thous. of bu.. 4, 5-15 1' 4, 028 Visible supply, end of month ••.• thous. of bu.. lf>, 846 16,710
I Rtvlsed.
I i
857 627 429 : 253 I 37 4 I'
1, 506 · 1, 106 836 : 9:'s 770 . 23 . 22 • 21 • 23 · . 21 1
i~i--:ij~- --ii""~~- --~~;i~~-~--~~j~i-1 • As of Deo, 1.
192 785 . 2S
10,525 li. 2\H 9,892
179 I t74 120 , 1-14 823 I; 844 ~40 I \1!!7 . :lO . ~1 . 32 ' 3''
---~~ii!f;i~~!i" ·-;~~~~gf;i·~~? 13,837 I 19, 103 22,947 I 26; 650
30 SURVEY OF CURRENT BUSINESS March, 1932
MONTHLY BUSINESS STATISTICS-Continued
Earlier data for items shown here ma11 I 1932 '1--------;-----.,...-----------,-1931 be found in the 1931 Annual Supple- ~·- I I
_m_e_n_t_t_o_t_h_e_s_u_r_"_e_" ________ l:_:_u_ar_y ~~~:~~ Octouerlse~~~~-~~gust_i~-~~~- _May
1
1 April I March I }'~Jr Jan~a~~ I I I J
FOODSTUFFs-Continued I I I '1 11
• I Gralns;1~;ntinued I J
1
, I I I I ~
~~J£Ht~~~~ii~=~i~~~~~~~~~~~1~o~~J?ii::l-~~~:-~~~- I ~~!;~ ·3!H~~ l_::~~~~!_l__~~:!~~r~~~!~.:.~~:~~-~-~~~-~- -~~:;~~-~-:~~:~~~J:~!:~~t~!:~~!. 1 .. ~~!:~~~ Sbi]>ments: , 1 1 ' 1 Total from I -,
58 I I i I I
mllls ..••••.• thous. of pockets {100 lbs.).. 720 1, 216 1 1. 396 875 427 I 404 601 1 617 780 1 864 933 1,119 New Orleans .••.•••.••• pockets (100 lbs.).. 57, 264 78,972 136,328
11 199,965 139,048
1
. 78,269 i 37,121 75, 732 1' 88, 718 68,753 , 68,349 74,629 75,643 Southern paddy, receipts at
mills •••••..••••••••••••••..•• thous. orbbls.. 569 632 1, 408 1' 1, 810 1, 455 382 i,, 1721 323 ., 520 li66 l. 599 864 1,147 Stocks, end of
month •••••••.•• thous. of pockets (100 lbs.)__ 1, 906 , 1, 987 2, 051 ! 1, 805 1, 305 i 683 1 848 1, 051 [ 1, 293 1, 3881 1, 561 I 1, 790 1, 793
RYE I ! ' I I ' Exports, including flour .•..••••. thous. of bu.. 10 I! 3 27 I 9 1 27 ' 14 10 15 j 29 3 I 34 I 19 j 3 Price No.2, Minneapolis •.•.•.•. dolls. per bu •.
1
. 46 ·1
• 45 . 51
1
, . 41 . 39 I • 38 . 37 • 37 I • 36 . 35 ' . 36 I • 37 38
~r~~!t1:g~~~~i~;?E:!i~~:::!~~~:: ~1 ~~:: ::::=::::r-~:~~r . 3:: m 1 ---uir.··-~:~~r(n~rt·--a~r -·-;:~~r~-- n~f ---~]~f --~~:~frl--~~:m-j-·-~j~: WBIU.T . (1
11, 373 Exports: I ·I I I c~~~~~·-~~~~~~!~~:~~~! .... thous. of bu.. 10, 9661 24,387 29, 596 21, 436 . 16,843 1 14, 258 i 14, 107 22,988 31, 687 6, 148,15, 521 . 12, 165
~~ I Wheat only ••••••••••••• thous. of bu.. 4. 074 7, 896 9, 519111, 873 8, 397 : 8, 901 1' 12,731 8, 136 6, 406 3, 531 1, 357 137 1, 289 Including wheat tlour ••• thous. of bu.. 7, 962 11,924 13,380 15,406 11, 588 i 11,781 17,253 11,842 9, 956 6, 954 4, 574 3, 564 5, 543
Export value of wheat and flour I 1 I ___________________________ thous. or dolls.. 5, 263 7, 593 8, 510 8, 751 6, 769 I 7, 039 I 11,561 8, 805 7, 443 I 5, 671 3, 882 3, 234 4, 864
Stocks, held by mills {quarterly). thous. of bu .• --------- 1•129, 994 --------- ......... '139. 002 ---------~'--------- • 38,771 •••••.•••..••..••. 1 81,841 •••••.••.. _______ . Prices: 1: 1 /,
No. 1, northern spring, : Minneapolis. •••.••••••••• dolls. per bu.. . 75 . . 73 • 80 . 71 . 69 • 65 1 • 61 I • 74 • 81 1 • 79 • 76 1 • 75
• 79 . 76 . 78 No.2,redwinter,St.Louis •• dolls.perbu.. ..57 i .57 .62 .liZ .47 .471, .48 •
1
.721 .791 .so .781 No. 2, hard winter, 1
Kansas City ••••••••••.••• dolls. per bu.. . 53 I • 52 • 59 . 48 • 43 ' • 43 i . 44 • 68 . • 73 • 73 • 70 1 • 69 • 69
:Jt~f~~;~f~~J1[~~~~~~~!~~~~ ~~ ~~~~ ==~~~~~~= 1~~::;;~;;; :~e .=:~~ ::~~:: =~;~~ 1;~~;= 11 ==~~~~~\~~~~i= ==~i~~~= ==~~~~= ==i~~~;~= ===~~.=~~~ Shipments .•••••••••••.••••••••• thous. of bu.. 11,005115,470 29,470 i 26,851 28,325 : 45,747 1 65,987 30,385 u, 061 16,601 15,570 14,817 13,706 Visible supply, end of month: I : 1
Canada ••.•••••••••••••••••• thous. of bu •• 187,974 191, 180 189,675 161, 9!2 122,199 1
: 101,306 116,462 122,318 136,856 160,750 180,253 183,704 193,858 United States ••••••••••••••• thous. of bu.. 211, 873 /r 220, 521 230, 147 , 231, 049 239,431 . 242,846 ! 217, 526 I 190, 702 197,563 199,561 207,138 201,862 197, 219
WBBAT FLOUB II ' ' I Consumptlon{computed) ••••• thous.ofbbls •• _________ :· _________ 9,334 10,462 9,898
1 9,843 7,642 6,666 8,711 8,281 8,654 8, 738
Exports: I i ,57
· ..
United States ••••••••••••• thous. of bbls.. 864 895 858 785 709 ,1
640 1, om; 824 789 761 715 415 762
Csnada •••••••••.•••••••••• thous. ofbbls.. 332 .
1
451 476 558 u 522 467 490 481 326 561
Grindings or wheat: Canada ••••••••••••••••••••• thous. of bu .•.. ---- ___
1
5, 275 8, 102 7, 565 6, 772 i 5, 992 5, 932 5, 033 5, 304 4, 719 5, 169 4, 607 United States .••••••.••••••• thous. of bu.. 37,283 '37, 157 45, 230 47,463 44,569 : 44,412 45, 362 35,893 36,946 39, 127 40,137 37,939
Prices, wholesale: 1
Stsnderd patents, Minneapolis II •. o• i, 4. 28 I ••••••••••••.••..•..••.•• dolls. per bbL. 4. 59 , 4. 51 , = 4. 24 ! 4. 21
Winter, straights, Kanses City 1
Produetion:··------------------dolls. per bbL. 3. 40 11
3. 22 3. 03 3. 10 2. 96 2. 96
g:~aiitiite&::.--··········*bons.ofbbls •. ---------~~ 1,175 1,812 1,694 1,516 1 1,333
Actual {Censns) ••••••. thons. of bbls.. 8, 182 , • 8, 148 9, 890 10, 399 9, 735 I 9, 658 Prorated (Russells') ••• thous. of bbls .• ------- --~'--------- 10, 1
6675
11, 16102 10,6
6111
'I 10, 6!t Capsclty •••••••••••••••••••.•••• per cent.. 52 49 oo Grain offaL ••••.••••••••••. thous. or lbs.. 646,096 j' 645,812 789, 737 828, 114 781, 318 ' 785, 106
Stocks: All positions {!COmputed) 1 i
endofmonth ..•••••••••• thous.ofbbls _____ ··-·'--------- 5,9751 6,000 6,135: 6,131 Held by mills (quarterly) .• thous. of bbls.. __ .. , • 4,126 ..•.•.•.• --------- a 3, 532 l--------·
Meats
Export value, meats and rats .. thous. of dolls.. 6, 117 0J.ftL8 J.ND B881'
Beef products: Appsrent consumption .•••• thous. of Jbs •. Oold-storage holdings, end of month
•••••••••••••••••••••.••••• thous. of lbs •• Exports ••••••••.••.••.•••••• thous. of lbs •. Produetlon, lnspeoted, .••••. thous. of lbs .•
Cattle movements, primary markets: Local slaughter ••••••••••••••. thousands •• Receipts •••••••••••••••••••••• thousends •• Shipments, stocker and feeder
•••••••.••••••••••••••••••••• thousends •• Shipments, totaL ••••••••••••• thoUSBnds ••
Prices: Beef, fresh, carcass, good nat! ve steel'll,
Chicago •.•..••••••••••••• dolls. per lb •. Beef, fresh, carcass, steen, New York
c&iiie:corn·fe;i;ctiiCiitio .... dons. per lb .. \
·-·-···················dolls. per 100 lbs •• • Revised.
380, 143
51,221 I, 202
377,068
876 1, 376
130 478
.145
.168
8. 97
7,305 6, 020 i 7, 145
1379, 927 ; 343, 245 448, 863
I 53, I 99 39, 158 34, 407 1, 046 ), 189 1, 604
I 393, 399 349, 598 446, 798
907 i 1, 453 :
245 . 607 '
905 1,866
487 905
1, 037 2, 137
5R2 1, 096
6, 321 ' 6, 386
404. 92~ I 432, 312 I
35, 171 l 39. 050 2, 077 1 1. 837
1oo, 1 sz I t3o, 595
961 I 1, ow 1, 797 ! I, 821
381 i 251 861 ' 756
.157 ' • 164 i . 156 .148 ! .144
.172 .175 i .173' .165 I ,158
9. 34 i 10. 20 I 9. 25 i 8. 66 ; 8. 62
' Quarter ended In month Indicated.
4.13
3. 16
I, 319
4. 751 4.12 '
1,121
·i.14
1,183
4. 71
4.02
1,058
4.67 4. 85
4.00 4.06
1,164 1,035
7, 763 s. 015 8, 494 8, 724 8, 242 7, 981 8, 739 9, 134 9, 275 8, 750
47 50 51 52 56 647, 400 663, 303 702, 189 713, 507 678,795
4,800 3 2, 830
7,074
5,526 •a, 712
5,620
7, 791 ' 8, 477 10,082 10,576
I 416,822 404,731 424,672 I 421,252 379,405 335,603
o, oM 45, 548 49. 44s I sa. too 61, m 1, 497 1, 573 I. 468 I 981 1, 444
411, 952 400, 529 419, 124 i 412, 757 374, 151
930 1,488
124 561
.129
.145
7.25
968 1,540
111 M2
.129
.145
7.32
980 1, 551
153 561
.143
.155
7 .. 68
1, 036 1,617
175 b81
.160
.172
8.56
' As of Dec. 1.
960 1,535
146 546
.169
.180
11.08
67,622 961
330,321
812 1,303
147 486
.178
.1116
11.11
9, 622
392 945
4, 834 42,529
4. 96
4. 09
1,086
9, 232 9,937
55 761,935
6,370
12,204
384,754
72,398 902
381, 531
897 1,508
222 607
. 195
.205
10.00
March, 1932 SURVEY OF CURRENT BUSINESS 31
MONTHLY BUSINESS STATISTICS-Continued
Earlier data for itema shown here ma11 !_!_H:.1_2J· ________________________________ l93-~-----------.---.-----,--· be founcl in the 1931 Annual Supple- 1 i' D : N 1 1 • : I I I 1 ---ment to the Surve11 'January' ecem- obvem- I October' Sevtem-; \ ugust July June I May 1 April March Fearbyru- (January
' 11 ber er 1 ' • ber 1 '
-- I - ~----- ---------- -----~--~---- ---~---FOODSTUFF8--Contlnued
Meats-Continued HOGS AND PORK
Hog movements, primary markets: ·! Local slaugbter _______________ thousands.. 2 707 :: 2, 80ii Receipts ______________________ tbousands __
1
4; 218 11
1 4, 210 Shipments, stocker and feeder ,
----------------------------thousands __ ; 35 IJ 40 Shipments, totaL ____________ thousands__ I, 510 : I, 426
Lard (included In pork products): I !1 Cold-storage holdings, end of month . :1
___________________________ thons, of lbs __ : 78,538 !I ',5\, 224 Exports,-------------------- tbous. of lbs--1 5!1, 81i4 :1 ~5, 598 ProductiOn __ --------------- tho us. of lbs .. 1 171, 33! 114, 090
Pork production: , '[ Apparent consumption. ____ tho us. oflbs __ , 653, 261 644, 276 Cold~storage holdings, end of month-
1 __ ,
1 2 1 otal. ___________________ thou~. of lbs .. 1
·-~3, y~9 
32 SURVEY OF CURRENT BUSINESS
MONTHLY BUSINESS STATISTICS-Continued
Earlier data lor items shown here rnau be found in the 1931 Annual Supplement to the S«rvev
FOREST PRODIJ(''f8
Lnmher
At.!. TYPES
lH32 r· 1931
Jm:nn;i~\ n;cem- t\f,ve~~~:~ober; S~l~tem~:~~ JuJ-;--·-;.:e---i~~Iay ber ber : ber 1
-- ---- . ~-- ---
1
Exports_ -------------------------M ft. b. m .. :<!. 4:i:l S7, 520 ~4. 0
77, A77 3 27.5
85,234 ~!1.2
R(j, 50~ 3]. 3
i
\19,633 I 33. 1 I 120, 3M
85.2 New orders _________________ ... rel. to 1923--!925 .... Production iu<lex (elect. ehergy
consume<l) _________________ rel. t0 1923-1925 ... Stocks, end of Illouth ........... rel. to !U23-1Y25 .. Unfilled orders, end <•f n.onth.rel. to 1923-1925 ..
RETAIL MOVEMENT
Retail yardg, 9tb Fed. Res. Dist.: Sales .............. __ -----------"l!t. b. m •. Stocks, end of moutlL .......... l\I lt. 1>. nL.
Retail yards, lOth Fed. Res. Dist.: Sales _________________________ fvf ft. h. n.L_ Stocks, ew! of Tnonth _________ ~t ft. b. IlL.
FI.OOR!N!)
Maple; t\ew orders.--··----~-- .. --.--w--~1 ft. b. m __ Productiou.-----~--------------.r~r ft. b. rn __ Rt.il1im~nt::L ---------- __ . -----~~ fL b. m __ Storkg, end of month _________ :\! ft. b. m __ Unfilled ord0rs, Bnd of :nPni.h_?\1 ft. b. rL_
Oak: New orders.------------------ :11 ft. b. IIL .. Production ____________________ ~>! ft.lJ. r:a __ Shipments ________________ --··· :.r ft. h. m __ Storks, eEd of month _____ .. __ ?".-r ft b. m __ Untilled orders. end o!
month ______________________ l·' ft. t:. nL ..
HARDWOODS
All hanlwoo<t" New orders _____________ -#--milL ft. b. m __ Productiuu ________________ mill. ft b. lh __ Shipmf.mLs ___________________ rni~l. f-:.. b. U1..
Stm;ks, end of montll--TottlL ...... --------------mil!. ft. b. lTL Umold ....................... milL ft. b. m .•
UnfiJled on!·:rs~ end of montb ____________________ mill. ft. b.'''--
Gum; Stocks, end or month-
TotaL __________________ mill. ft. b. IlL Unsold _________________ Illill. ft. b. Ill ....
Unfilled orders, end of month ___________________ m!ll. ft. b. m ..
Northern hArdwoods:
81. u 105. 1
G7. 0 :105.9
28.0
;r, 4 '103 9 '25. i
82.2 199.7
24.2
82.2 2105.1
2~. 0
2, f;()S ' 2, 932 f), 379 9, 255 I S, 314 01. ns 63, 374 Go, 480 68, 318 : 73, l'02
1, ,o93 : I, 697 2, 599 3, 481 i 3, 249 33, 458 · 34, 183 ' :H, 718 35, 207 36, 245
1. 74~ 2, 272 : l. 75')
21, 5JI 4, \ill
22, 251
:!, 7£.11 2, !34
549 470
80 :
2, 312 ;-), 0"27 1, 92S
22], 4:~\:\ [,, USJ
lli. G!)ll l::t, 4".7 1:;, D7fi {i'/, 74';
3, :3{)8 2, 797 2, 481
20, 2!6 4, S51
l:J,T'iG 15, iH 1:1, ''07 fiK, 2: .. t~
2, 7HO i .-,8P 2: iO~
zo, 0+2 0, 778
10, D73 19, 209 18.203 071103
2, 78;\ 1
3,134 : 3,144 i 20,l~V :
3, 775 '
Hi, fJ28 ; 22, -12r. r
19, 48{1 : 65, ()[l6 :
17,987 14,~3·1' 1-1,589: 17,5PO!
105 86
100
Z, ~51 2. 4:,7
r.co 476
Hi :
131 105 128
z, sa3 2, .124
370
5\J,) 50!
92
131 105 135
2, 915 2, 542
374 :
607 : 516
91
m~ mi
2. 9<)0 2,5.19 l
387 !
615 : 518 i
I 98'
79.41 2104.6
3a. 1 I
I 9, 457 I
76, 5541
36, 9tl6 3. 280 I
I 3, 3121 2, 973 3, 397
21,1:Jo 1
4,1831
~7: ~~~ ! 21, •lfl4!' 65,004
18, 194
I 131 l 101 ' 143
3, 020 2,045
375
634 542
92
76.9 2!04. 2
as. 2
8, 513 78, 274
3, 745 37,279
3, 712 2. 737 3,447
21.321 4, "j 12
2~. 3UO 21,120 zs,mn G-J, 798
21,204
139 100 139
3,06!.i 2, 662
402:
653 551
102
86.3 ' '101.1
5!.4
10 OS4 79:017 ,
3, 432 37, 7lo
4, 245 i
3, ~!n 1 3, II'" I
21, H21 1
4, 955 .
21, 0(1.5 : 20. 9iH · 23, 131 ' 67. tilt.'
30, 171>
176 143 161
3,12fl 2, 707
419 I
683 5i5 '
97.2 2106.2
48,1
8, ·151 >o, 051
3, 421 ' :38, ~1·1
3. 327 2; 629 3. 315
23. 4t3i 4, 604 :
158 14G I
1r,9 1
3,149 . 2, 718:
431
686 oo6
Apd1
135,771 ; 41.5
I fH.5 I
1!0.1.0 !
49.2 i
7. 7!17 80,81G
3,3r,8 ! 3\1,534 I
3, G79 . 3, 3ZG i ~. ?2G i
2~, Hll i 5, 312 i
2-~. 5i5 i 25.1 t7 ' ~~· !·i),) / 11, tb3
154 14(1 i
1~1 !
3,175 2, na
463
694 593
101
lvfurcll li Ft-hruary
73,1-H~ 40.3
93.2 llOG. 7
4>.8
5, 2:Jfi 81,158
3,:\&9 39, H~7 ,
3 l?' 3: 7ti0 3,017 '
2tj,l93 : 5,180 :
I
31, 407 :
~~· ~4? i • '· .1.l it!,::n5 i
I 3fi, 32() I
I i
3, 20-'i 2,731
47a
7f)3 598
106
67, 7'J2 35. 7 '
~4. 2 ' !J09. 0
4'l. 7
3, 49-1 8D,2.51
2, 611 38, tl28
24. 771 If!, 54S 21. 713 80,9-13
3,2\:l 2, 769
481
713 601
112
Production _______________ ...... l\1 ft. b. m .. Shipments ·-------·-·--------- .. i\1 ft. b. m ....
2,617 3,210 15,378 i 14,907
5,864 13,445
6,173 9,846
108:
11, B7H 11, {)90
Fl,8~0 • !·:), 330
12,757 17,878: 17,252 12,330
Oak: Stocks, end of month--
'l'otaL __________________ :niiL ft. b. Jl! __
Unsold _________________ mill. a. b. i1L.
Unfilled orders, en(! o! month ____________________ JnilL ft. b. m __
Walnut lo!'s: Ma,le into lumber and
veueer _______________ ?vf ft. 1og rue:lsnre __ Purdul.ses. ____________ 1\1. rt. log mea3ure--: Stocks, end oi month __ n.r ft.lo6 mrasurl3 . .'
Walnut lumber; New orders ___________________ ]If ft. b. UL. J>rodu<'tion ____________________ !\1 ft. b. Tn._ Shiprnents ____________________ M ft.. h. m ... Stocks, end of month _________ l\1 ft. b. m .• Unfiilerl orders, end of month.M ft. b. m ...
SOFTWOOD
Oaltrorn!e redwood; New ord~rs (computecl) .. ~--~\1 rt. b. HL. l'rod•tct\on (cnml'uteJL ........ M ft. h. m Shipments (co!llpute1) ........ :\I ft. b. m .. Unfilled orde.rs, end of month
775 (\S8
87
r-;--;-;-1 ~. :!i'~J
1, GbO
li, Ln 1~~' ()li) 13, 077
(computed)---~-------------~~ ft. h. rn __ ,' ~I. 0:3:2 Douglas fir:
Exports-Lull her. __________________ M ft.~ •. IJL. 41.78,\ Tlmber ........................... M ft. b. 21. 4r,8
New orders .. __________________ M ft. b. ru 125, ;sg Price whole~a1e-
No. 1 comruon ... dolls. perM It b. m Fleortug, 1 x 4 ~~ B"
and better, V. Q _____________ dolls. per !\I ft. b. m ...
Production ___________________ M ft. b. m ... Shipments ____________________ M ft. b. m. Unfilled ordors, end of mont b. M ft. b. :n ..
North Carolina pine;
11. 40
:22 84 0(1 'J"k
11;: 6~7 113. 703
805 711
650 ~64 896
786 886 9L5
12,606 1, 974
813 728
8.1
900 878 ii2:l
l,HS 1, llO 1,12\
12, 745 2,101
11. 079 ; 16, 383 14,684 ' ll, 4:l6 1.1. 02.s 15, a3;:;
17, 138
2ll, 448 201 737 I
115, 046
21,229
~P. b49 19,007
\:J5, fl37
11.23
23. r,1 24. :;5 102, -511 : ll "· 0{1 1!3, 703 : 12<>, 684 85. 501 10-5, l97
.Production (cumputed)._~~--~n:r !t b. m __ --~- _____ :.:0. 700 20, f:70 Shipments {<:omp:utad) .•• -~.--M ft. b m_________ __ a(),;no a5,350
N ortbern bemlock: Production ___________________ M it. b. m .... ____ .. _____ ------,--------. Shlpments ••••• ~---·-------~--M tt. h. m .• 1 ...... ____ , _________ ; ________ _
Rtvlsed,
827 742 .
85
1,145 1,104 :
666'
1, 4(i3 . l, 405 : !, 720 : 12.~25 2,173 '
~40 i 76! .
79
925 : 1,1!3 '
707
1, 8tH j 1 oa~ 1
1: 70;) i 13,176 :
::!, 934
863 783
70
700 776 510
1, 252 887
1,472 !3, 92G 2, 821
18, G36 , 16,1107 i 16, 386 16, 93! 14,760 : 16,270 17,055 ' 15,734 ~ 17,323
20, 4~5 !7, 5M : 17,380
36,714 21,874
151, 305
11.21
25.63 14ll. 952 162,049 81, 472
27, 370 33, 110
3, 928 T, 811
38,787 18, 0'.10
158,915
11. 27
2fi. ·l~ 155, 3:>4 166,525 125,341
24, C4Q :33,320
4,R04 7,531
4.5, 308 25,155
188.460
10. g;
25.29 171,897 176,{)30 111,017
24,276 32. 375
9,991 7,864
12, il05 ' 12, 531
864 ; 783 :
81 I
523 : (i6H 442 :
1, 574 624
1,853 i 14,.143 i 2, 981 i
890 803
88
9.58 674 zjl:;
996 1, 075 1, 223
15, 83'' 2, 918
16, 576 : 19, :l2! 14.717 ~ lt!, 42~ 18, li'l 18, 25:1
914 809
105 :
~·m: 519 I
., 1>1 :; a~:; I
L. Z11
Iii, \i\lO ' a, 1s1 i
11\ 22u F,ow · 21,568 '
935 I
8H 1
120 i
925 . 7Hl : 845
1. 3?~ 1,!41 i 1, r~ou 1
15. 8V3 : 3. 2;'9 .
22, 480 18, 7f'.1 21, 8\JS
19, 331 20,376 20. 23i '12, 2~30
,o3, 088 · 18, 11'6
181, 297
47, 766 35,718
191, 11~
!0. 64 ' Jl. 2<·
25.76 ' 149. 057 ' 1n, 240 1
165,630 '
2-'· 98 : 199, 6Sl I 197 413 ' 162:944 i
~~· ~4:: ' 63. 15~ n .. , ,)~w 37. 5i3
18~, ~Hl7 I ?:!1, 272
11. 1)4 12. 12
28.33 ' 29. H 2fi6, 813 201, 889 221. f>86 . 200. (j~~;) 135, {):J7 215, 766
27,013 30, 33B ; 30, 2'l3 . 31, 241 30, 40~ 34, 293 I 3L 780 34, 454
10, 128 10, 013 I 9. •o:; il. 616 S. 64G 9. ~M , 7. 8ij4 , 7, 43i
{h)l)
844
122 '
815 ' 699!
1,050'
2.094 F:i'.~ '
1, 9~12 · 15,26-1 : 3, 0~2 I
82g 871
!. 172
1, ·171 804
1, 3f,3 17, 2:~!1
3, 314
24, 485 20, 6Q.~ 21, 7\;[. ~3, 8~~ 24, 8.5 2 1 1.3, 5x:
22, 72G 23,613:
15,211 i 14, ~-11 I 9, 9ti4 14, 978
2!7, 109 18!), 355
12, 68 I 12, 86
31.14 ~1. 65 1~5. 2'?2 !7\i, Q,lg 195, 6'22 : 186, 6tW 196,517 1~1. 745
21, 4~9 24. 318 33, 250 32. 417
6, 583 ' F., OSj ~. f32 i ~. 008
ll·t 5{)-; :~(i- 7
82. 6 ' 111.0
46. 8
3. 51):~ 76,552
~.bi8 3i, 8~{\)
~. 5S1 3, 4ii2 2. ~~.~ 1
2.1, .178 4, Gfi·i
:!Lllti 11, 1)"\fi lS, :)fih
.'"1:!, 4)-(7
3, ;-;o-. 2, OGi
40f)
7'Lfi (i07
118
L!.l7S 1\l, 1'5-l
1. 017 Jl~
Nl.)
1, liD l,U6
1) 1.52 GJ2
l, Otl4 18, :?95
3, 211
'2.1. ~1S
~i: ~r~
3:-s, ;2.)j
16, 01l1 191, .so:J
12. 82
31. :SJ 160, 2DS 178, HH 1S2, 640
24,129 32, 84!
n, .5:!1) 6. 0(!4
March, 1932 SURVEY OF CURRENT BUSINESS
MONTHLY BUSINESS STATISTICS-Continued
!, 19;l2 I Earlier data for items shown here mau
1931
33
be found in the 1931 Annual Supple-ment to the Survev , January Decem- : N ovem- October i Sept em- 1 A : i June
her 1 her , ber ugust : July ! May April I Marrh
,---------1 Febru- I Jan nary
ary .
FOREST l'RODUCT8-Contlnued
Lumber-Continued
SOFTWOOD-Continued
Southern yellow pine: Exports-
Lumher .................. M ft. b. m.. W, 45i Timber ................... M ft. b. m ... ' :J. 9;11
New or<lers ................... M ft. b. IIL. 105, 55;1 Price tlooring ....... dolls. perM ft. b. m ... , 25. Hi Price in<lex. .................. rel. to 1926 .. : ....... .. Production ___________________ M ft. b. m __ : 7£1. U7!1 Shipments .................... M ft. b. ITL. U\i. 001. Untilled orders ................ M ft. b. m.. 60, i:\37
West~rn pine: New orders ................. mill. ft. b. m ..
2;i, 793 s.o36
72,751 26.31 58.3
77,749 73,059 50,925
18,125 4, 056
Ill, 307 26.31 58.3
110. 8tl~ 10~. 668 62,013
20, 80/i : 18, 936 5, OJ;· 5, 663
134, 757 ' 138,204 2fL 4U I 27. 21 5S.7i 60.3
117, 241 I 116,511 142,254 I 142,170 ss. 464 1 74, 2as
I
21,956 7,888
151,484
29,925 8, 745
146,860 27.82 2~/~: 61.7
110, 828 ' 121, 9\14 155, 511 i 151, 488 82, 551 I 83, 013
127 ' 128 I'ro<luction ................. mill. ft. b. m .. 1 ................................... _,. ........ ,
~~~~:,:~~~~i'Or.ili.>iliii~~~=:::i::lll: ~t ~: i:::r:::::::: ::::::::: ::::::::: :::::::::1:::::::::, 125 137 125 ' 119
VENEER
Rotary-cut veneer: Hcceipts .................. no. of carloads .......... . Purchascs ................. no. of carloads .. : ....... ..
Furniture
Household furniture and case goods: Grand Rnpids district-
Cancellations .... per ~nt new orders .. · D. 0 New onlers_ .... no. days' production .. : lti Outstanding accounts, .
end or month ........ no. days' sales .. ' 32 l'Jant operations ___ per cent run time_ fib. {j
Shipments ..... no. days' production... 11 Unfilled orders,
end of montiLno. days' production __ , 17 Southeastern district.-
Shipments. ____ .. dolls., av. ;1er firm .. Unfilled orders, end of month
................. dolls., av. per firm .. Steel furniture. (See un~_lrr steel manufac
tured products.) Wholesale prlccs:
Be<ls _________________________ .rei. to 1926. Dining-room chairs, sets of six. rei. to 1926 ............ : Kitchen eabinets ______________ rei. to 1925 ...... .. Living-room davenports ... -... rei. to1926.
LEATHER AND I,EATUl<;il. PROU{:CTS
Prices, wholesale, ('o:npositc ____ rel. to l!J:t! ·---Production index (Fed. Hcs. Bu.)
rei. to 1!1:23-25 .. Production Index (clec. energy t•onsume•l)
rei. to 1923-25 .. · Stocks, end of nwnth __________ rel. to 1923 25 ..
Hides Imports-
Calfsk!ns .......... -........ thous. of IDs .. Cattle tJides ....... __________ thons. of lt>s .. Goatskins .. __________________ thous. of lbs __ , Shct•pskins ___________ ...... thons. of Jbs __
82
n7. li b5. 7
Total, hides and sk!ns ...... thons. or Jbs .. ' IS, 015 Inspected slaughtN of livestock:
Canada-Cattle and calve.c; __ tbous. of animals._ Swine ______________ tllous. of avimals __ Sheep aud lambs ___ thous. of anima!:-<.
United States-Cnttle .. ____________ thous. of animals ......... .. Calves.------------ thous. of animal-. __________ _ Swine ______________ tlF)US. of anii!Jals __ Sheep _____________ tlwus. of auimal~--
Price:1: Paekers, heavy, native steers (Chicago)
8.0 11
31 511.5
11
12
1 I, 11l9
7:1. I 91.0
100.1 74. 2
79.8
'B1
79.2 2 85. 4
2, 739 4, 261 3,879 3, 481
16.712
66 247
6. 5 15
3.5 72.0
12
13
:35,388
IG, :208
73. J Ul. 0
100.1 82.0
81.6
2 77 '
75.2 ' 82.2
2,327 9,473 4, 783 2, :l33
20,492
75 25!)
98 '
614 355
4,218 1, .105
..... ------·--------- ...... <lolls. ver lb.. . o;,, . 078 , . 082 Cglfskit1S, No.1, country (Chicago)
___________________________ dolis. per lh _ . 074 1 • 078 . OS5
sto~ks, end or month: .-)~~ ~62 1i
Calf and kip skins .... _ ..... thous. of lbs. .. .., " , 27,089 Cattle bides ...... _ .......... thous. oflhs .......... i 237,186 221,891 8heep and lamh skins_~ _____ thous. oflhs. _ 38,720 33,659 Total hides and skins ....... thous. of lbs. _ ........ ! 300, ·1G8 . 282, 63J
Raw Sol~ and belting: ,
Exports (~oh~ only). _________ tht)US. of lh::-: 213 2-81 1 3D9 Price, oak, scoured baek:s (Br·ston)
............. -............. dolls. per lb.. . 32 . 32 . 32 Prodltetion-
Soleonly.thons.ofba~ks. bends,s!des __ ....... __ : l,GH 1,003 Sole and belting ......... thous. of lbs ........... · 17, al 17,053
Stocks, end of ruonth-Finished ... _____________ tJwns. of lbs ........... i S8, :;;,~ 286, Rl.'l In process of tanning .... thous. of Ills ........... , 66, 24-! 68, 7v.5
• Hevis~d.
l-1,
3X 83.0
17
ll
8.0: 16 .
I 39 i
72.0: 10 I
!.5 '
1. 225 1, 245
85 !
64
7. 0 . 15 '
36' 73.0:
16
20'
78 92
5. 5 13
3'' 80.0
14
22
~~. 100
66, 042 i 59, 223 55, 063
42, 180 ' 47,706 ' 47, 9'J7
n.l Ql. 0
100. 1 ' 62.0
&2. 5
82
81.8 ~0.4
3, IG4 10, S16 5, 533 4, 472
2.),~.)6
8!J 247 1\13
781 407 .
3, 772 1,80·1
• 077
.063
80.4 92.1
1(;0. 1 84.2 '
85.0 :
97
81.9 80.1 :
~~. 263 : 11,934 1
6, 858 3, 360 '
27,445 .
80 204 ' 117
687 i
393 2, 95~'i ' 1, G67 !
.0?0'
. 098 '
20, 977 2i, 413 I
217,394 221.343 ' ~3. 152 34 649 !
277,523 283; 40o :
s:n
1.127 19,531
83. 45~l 6U, 8.,0
M6:
. 39
1,088 18,765
80,773 69,172
82.9 92. I
102.9 ' 88.2
SR. 7
104
77.1 77.4
fi. 058 II, 870 7, 5f16 3, 368 '
29,513 '
78 162 81
727 357
2,1,()() 1, 5~8
.113
.12P
28,325 212,299 3fi, 37G
27(;, 000
85.2 92.1
102.9 88.6
89.4
101
83.8 77. 6
f •)j l O; 3r3 7, 6S6 3, 472
28,332 i
77 148
71
706 35G
2, 71'7 I, 491
.120
.13\J
29,033 206,317 35. 223
270,573
459 652
• 40 .37
I, 160 i 1, 097 19,837 ' 19. 281
81,319 . 81,906 5S, ;;31 ili, 212
30, 278 34, OGi 12, 535 5, 827
140, 322 157, 920 28.15 28.82 62.4! 63.9
126,739 i 148,048 138, 663 I 165, 004 83, 475 i 83, 958
I 114 I 107 156 ' 135 125 i 122
I, 230 : I, 204
99 99'
4. 5 27
32 74.0
12'
23
79 54
13.0: 9'
31 70.0
11
11 '
32,544 10,256
169,015 28.32 68.2
165,325 180,306 104,307
141 141 125
1,196
83 59
8.0 13
33 67.0
13
15
I :
22,478 21,309 : 6, 261 1 4, 935 i
174,020:170,709 I 29. 66 ' 28. 42 i 65.8 63.0
164,929 : 153,831 175, 742 I 163, 926 121, 401 106, 932
109 112 120 i
1,174 '
105 82
12.0 14.
34 64.0
13 '
15
112 ' 66
107 1,174 ;
118 us:
6.0. 13
17
43, Oi7 i 46, 431 52, 390
56, 865 : 19, 338 ' 28. 2,18 29, 798
50,858
34, 160
85.2 93.0'
102.9' 89.8
88.0
100
85.4 ' 78.2
3, 6 ... ' 7,528 9, 321 3, 313
26,053
92 : 164
56 :
6G7 417 i
3, 251 ' 1, 516
.100
• 129
26,027 209, (;~7 34,034
2G9, 758
983
.37
I, 075 19,522
85) f)2f)
67, 070 '
86.8 : 94.0
102.9 ' 89.8 '
87.6
107
81.0 79.5
4, 512 6, Sl2 . 8, 274 3, 091 .
24,437 '
103 l.oS 23
704 425 '
3,408 1, 444
. 085
.129 i
90.7 94.0
102. g 93.2
87.5
102
83.9 80.3
:3, ~137 4,404 6,160 4, 453
19,616
101 17?
27
690 471
3, 488 I, 493
.092
.135
90.7 94.0
102. g 93.2
8~. G
92
71.2 81.2
1,w; 6,867 6,292 3, 280
19,468
8fi 154 32 i
63:i 416
3, 523 I, 324
.090
,128
90.7 ' 94.0
102.9 92.3
86.9
87
76.1 82.1
I, :l:lU 4,149 3, 991 I 2,8\JO ,
13,417 '
58 161
32
5.19 353
4, 142 1, 223
. 073
.117
24, 150 : 23, 062 23, 132 ' 24. 104 216.400 : 220,846 223, 182 225,315 35, ozo ; 12, 926 34, 1118 · n l7~
275, 57ti ' 277, 434 280, 482 282, ii9!
1,143 .
.37 !
I, 034 18,383
85, ~4S G7. 9~~
• 37 • 37 !
1,137 ' 98·1 20,406 18, 2t9 i
87 1 9'' ' ~k. 0·11 68: V33 71,122 I
713
• 37
9fii 17, 38tl
90. 3?1 72, 4SS i
33,50\1 8, IG3
190, 9Hfi :)0. 7:3 C8.1
Hi5, 065 181,679 llli. 1 n:~
• $7 6'~
107 ], 218
7. 0 lli
42 f>8.0
14
1~
3l1, G02
31, 7Rl
90. 7 94. G
102. n 92.3
78
., o~--:-
5: tSt1 0, 8li~~ 4, 0-10
20, 211
tiD lfitl :n
()f,l :i79
;;, BG2 1, 4'2ti
. 125
26,707 '235, 649
;):1, 29H 2~J5, ()51
. 38
l. Oi:\7 19, ;)59
91,821 7:3,261
34 SURVEY OF CURRENT BUSINESS
MONTHLY BUSINESS STATISTICS-Continued
' 1932 I' 1931 earlier data for items shown here mnu ,II---~--: -~--·---------
be foru•d In the 1931 Annual Supple- D o _iN . _ i ; R t . . I I' '
ment to the Surve11 ____ e_uu_a_r,_· :, _y~rm !-b-~_;_rn_i_o_ct~~ ~~e-~b_' ee_/~;~~~~- J~~- _ June ~ May
LEATHER AND LEATHER PROD- I ·' i ' i ' .1
UCTS-Coutinued i I ! Raw-Con tinned
Upper leather; Exports .. ----------------thous. of sq. fL. G, 550 Price, composite, chrome, calf. blaek "H" i
grade. _________________ dolls. per sq. ft •. ; .298 Production _____________ .. thous. of sq. ft__
1
; ________ _
Stocks-Finished .. ____________ thous. of sq. ft._ _________ _ In process of tanning .• thous. of sq. ft.-i---------
1\fanufactures
G, 4!8 •
. 320 4\l, 405
~70, {)j;)
I W, 212
Oloyes and n1ittens cnL _________ dozen pa!rs___ 112,004 12\l, 56D ~~es: ,
Exports ___________________ thous. of pairs __ j Prices, wholesale- I
Men's black calf blucher ] ' (Boston) ____________ dolls. per pair __ , ________ _
Men's dress welt tanned calf, oxford I , (St. Louis) .....•.... dolls. per pair.-!---------!
58 '
Women's black kid, McKay 1 : sewed .....••.•.•.... dolls. per pair..[ 3. 00 '
Production- I ', 'l'otaL __________________ thous. of prs .. , ________ _ Men's-~----------------thous. of prs--:---------Boys' and youths' ______ thous. of prs __ , _________ · Women's _______________ thous. of prs •• : ..... ____ , ~Iisses' and children's __ tbous. or prs __ i ________ _
Slippers, all types ______ thous. or prs .. [---------: All other footwear ______ thous. of prs __ 1---------,
IRON AND STEEL ! New orderS--------------------rei. to I923-25 __ , ________ _ Production index (Fed. Res. Bd.) I
-----------------------------rel. to 1923-25 __ , 39 ' Production index (elect. energy i
consumedl------------------rel. to 1923-25 .. 1 77.6 ::
113
6. 3I
4. 35
3. 00
19,556 5, 354 1,485 5, 419 2, 579 '} 6-t') z:o76
35.6
38
70.0 i Stocks, manufactured goods, end ! .
of month ____________________ rel. to 1923-25 __ 1 128. 7 .: '127. 5 Unfilled orders, end of month .. rel. to 1923-25 ... ---------:1 4G. 0
Ot·e j'
Iron ore: Consumption .. ______ thous. of long tons .. ! I, !54 I; 1, 230 l Imports ______________ thous. of long tons .. ~ 89 '' uo ' Receipts- . ,I
Lake Erie ports and 1
0 .
furnaces ....••.. thous. of long tons __ , Other ports _______ thous. of long tons.-i 0
Shipments from mines 1 1
________________ thous. of long tons_.l 0 i Stocks end of mouth-
At furnaees .. _____ tbous. of long tons .. ---------• On Lake Erie docks I '
0 0! 0'
TotaL. ___________ thous. of long tons.- ---------• ........ . __ --------------thous. of long tons ...
1
5, 810 :, 5, 874
'Manganese ore: Imports ______________ thous. of long tons .. , 17 .: 8
Iron-Crude i
I Gray·iron castings: 1
Productiou _________ av. tons per foundry .. 1
New business _______ av tons per foundry .. Unfilled orders _____ av tons per foundry .. '! Material received ... av. tons per foundry .. Material on hand .•. av. tons per foundry .. :
70 66 .. 5(i '
103 248
69 58 40 72
215
I 9, ns 1, 926 I 6, s29 6, 635
. 323 • . 330 I . 037 . 348 48, 202 ' 60, 682 i 65, 543 69, 626
272,328 : 267,705 i 254,306 250,478 Jl5, 028 ! 116, 578 i I26, 146 ' 131,095
243,948 ! 233, 394 ' 226,754 i
136 I 136 142
223,837
132
6. 31
4. 3.5 '
3.15
6. 55
4. 35 :
3.15
25,381 6,129 ' 1, Ti6 ; 8,133 ; 2, 10.5 I 4, 717 ! 2,521 '
6. 75
4. 35 ' i
3.15 :
6. 75 I 4. 35
3.15
'18, 518 2 5,107 '1,449 '3,864 'I,SM' 2 4, :;17 : '1, 927
2 36.1
46
77.0
2 123.4 49.2 '
1, 311 94
457 277
421
33,184
6,0-!8 39,232
9
77 55 48 87
225
42.9 :
43 '
76.3
125.3 I 52.4 '
!, 451 70
2, 029 I, 162
3, 09-1
33,687 :
6, 080 ! 39, 767 !
21
96 86 67
116 243
I
3!,293 1
7,423 I t, tJflt I
11, 8S3 2, 785 4, 171 3,040
56.0
46
78.3 :
123.3 : 53.0 :
1, 470 ' 99.
2, 873 : 1, 440 :
4, 179 :
31,998
5, 974 37, 972
27 '
111 82 68
137 ' 260
33, 475 '8, 24fi
2,078 13, 103 3,140 3, 93I 2, 978
46.8
51
78.0
I28. 7 53.4
1, 652 92
3, 229 1, 658
5, 065
29,385
5, (i86 35, Oil
22
99 79 70
123 231
I
I 7,463 i 9, 234 i
. 350 • . 352 i 67, 234 i 63, 229 1)0, 542
' I 246, 424 I 2so, 612 ! 2;,1, 142 128,425 ! 126, 684 i !:l4, 330
: '
164, 205 : 182, 077 •
Ho' 167'
6. 75
4. 35
3. 15
28,614 7,349 1, 739
10,400 2,846 3, 431 2, 849
56.2
59
83.1
130.1 57.6
1,832 128
3,191 1, 735
4, 956
26,451
5, 366 3I, 8I7
38
101 92 70
117 226
I
6. 75 '
4.49!
3.25
27,839 7, 244 I,605 9, 596 2, 835 2, 974 3, 585 !
59.0 i I
64 :
86.6
136.6 : 60.3'
2,114
122 '
2,369' 1,428
3,808 '
6. 75
4. 60
3.2.';
:18,452 2 6, 736
I, 647 10,058 3,I28 2,8I2 4,072
57.9
72
I06.8
138.9 62.4
2.675 I94
599 656
1, 769
23, 556 : 21, 968
5, 157 : 5, 147 28, 713 I 27, 115
37
108 82 60
123 229
21
I26 105 77
134 232
Malleable castings: I , Neworders ___________________ shorttons __ 21,932 219,811 '18,971 2J8,55S,'l7.8.51 2I8,70.5 '19.667 222,495 220,7i6 Operatingactivit.ies •.. perct.ofcapacity __ , 23.3; 2 21..5 2 18.3 2 20.4 18.6 '18.9 20.0 24.5 '32.1 Production ___________________ .short tons _ _l 22,030 2 21,.503 2 I7, 984 2 20, 4H 2 18,485 ' '18, 821 '20, 223 2 24,248 2 31,964 Shipments ..•... _____________ .short tons_.
1
, 21,272 2 20,206 2 18,336 '17, 802 2 18,727 2 20,904 2 23,985 '28, 602 2 3·5, 957 Pig-iron production: I
Canada _______________ thous. oflong tons .. ---------' 14 I4 12 I8 23 40 56 51 Merchant furnaces ____ tbous. of long tons__!---------'------------------------------------ 297 371 336 410 United States, totaL.thous. oflong tons . .I 973 980 l, 103 1, 173 I !69 I, 281 i 1,463 1, 639 I, 994 United States, totaL ..... _rel. to 1923-25 .• 1 32.6 ' 32.8 36.9 39.3 1m. i I 42.9 i 49.0 54. 9 66. 7
Pig-iron furnaces in blast, end of month: i Furnaces, end of moutb. ________ number __ l
1
61 50 67 70 73 1 76 i 82 91 I05 Capacity,endo!month.longtonsperday •. 30,630 29,365 35,810 36,530 38,600: 39,085 I, 45,230 50,855 61,085
Prices, wholesale: Basic (valley furnace) .. dolls, per long ton _ _l 15. 00 15. 00 15. 00 1.1. 25 15. 50 15. 50 15. 50 15. 50 16. 25 Composite pig-iron .... dolls. per long ton.-j 15. 55 15.86 I6. 02 16.23 16. 32 16.38 16.38 I6. 40 16.64 Foundry, No.2, northern .
(Pittsburgh) .• ______ dolls. per long ton •. j 17. 36 17. 46 17. 76 18. 39 I8. 76 18. 76 IS. 76 18. 76 18. 76
lron-1\Ianufactured Products i
I Cast-iron boilers: J
Gas-fired boilers- I
]\larch, 193i'
8, 752
.356 62,536
9, 347
. 352 61,515
257, 195 2~1. 057 264,392 125, 722 127, 867 128, ~67
19I, 120 175,988 158,485
177
6, 75 :
4.60 i 3.2b I
29,888 ! 6,641 i
1, 768 : 11,042 :
3, 846 I 2,464 • 4,137 :
83.6 : i
75 .
108.1 '
142.8 67.4
2,826 ' 163 :
9 106
176 :
23,292
185
6. 75
4.60
3. 25
29,364 6, 254 I, 654
11,888 3, 712 2,045 3,811
74.5
78
119.4
145.7 69.6
2,835 I69
0 0
0
25,751
5, 430 i 5, 765 28, 722 ! 31, 516
33 '
122 ' 123 ' 93 I
~g i I
2
122 134 98
136 26I
130
6. 75
4.60 1
3. 2b I 23,971 5, 687
2 1,437 9, 644 2,983 I, 370 2,849
59.9
73
116.5
28,247
6, 011 34,258
10
108 107 84
118 268
2 36, 507 i ' 35, ~8 ' 33, 042 36. 3 · 3o. 9 31. 4
2 36, 682 :? 35, 758 2 34, 076 2 38, 312 2 37, 002 l 3:1, 124
54 ' 404 '
2,020 67.6
113' 66,980
I 16.50 16. 75
18. 76 '
57 356
2,032 68.0
116 67,880
IR.[J() 16.72
IS. 26
46 ~17 '
1, 107 ! 57. 1
108 61,850 '
16. 75 ' I6. 82 '
I8. 51
9, 133
. 359 5~. 225
272,866 129, 513
1G2, 3~8
130
6. 75
-!. 60
3. 25
I9,8~9 5, 2.50 1, 418 7, 573 2,495
853 2, 300
66.9
64
103.4
HL7 71.6
0 0
0
30, ·\30
6,190 36,620
17
101 97 68
131 309
2 33,098 2 31.4
2 31,665 z 31,893
35 292
1, 714 57.4
102 57, 3()5
17.00 16.94
18.76
Production ____________ thous. B. t. u .• ! 131,871 Shipments _____________ tbous. B. t. U--j 54,274 ,
55, 602 2 75,683 105. 181 s:J, 230 146, o23 2·17, 732 83, 494 147' 698 270, sso
I 58, 495 . 208, 072 ' 201, 956 178, I01 257,941 ' I95, 946 155,723 156,769 288, 422 213, 852 I59, 568 I66, 923
174,244 227,605 1 210,584 178,224 i !6:), 390 154,61>0 I50,227: 95,765 114,(J93! 98,397
Sblpments ____________________ dollars •• 1
44,848 Stocks, end of month. __ mills. B. t. u--[ 770
Round boilers- : New orders _____________ thous. of lbs __ , ________ _ Production _____________ thous. oflhs •• j 4,317 · Shipments ______________ thous. oflbs •• ; 3, 035 · Stocks, end of month ... thous. oflbs.-1 36,036,
' Revised.
705 i4I 842
4, HJ4 3,159 5, 094
35,411
8, 406 5, 228 8, 497
36, 872
11,731 6, 502
13 923 41:257
978 I, 106 1, 089 I, 069
9,148 4, 678
10,262 ' 48,095
7, 204 I 4, 662 : 7, 309 i
53,558
5, 520 3, 977 6,071
57, 274
4, 948 4,654 5,055
59,876
14~~: m 149, g~r 94, ~r; ll6, ~~r 92. m ·1, 525 6,069 ·1, 787
Lil,i70
3, 741 6,553 4,232
60, 2'JI
4,3ll 4,864 4,071
67,794
3,912! 5,509 I 4,183 '
56,878
6,412 4,109 .5. 724
54,997
March, 1932 SURVEY OF CURRENT BUSINESS 35
MONTHLY BUSINESS STATISTICS-Continued
• • • i 1932 ,i 1931 Ea!.~%.~:',~ai~o~,:!e;;;Is~~~~~a7"S~p';t!,~ J . -- - 'i ])-·-IN---,~- ---;·· ----~------,------~----~----~---,-----~· ---r------
ment to the Surve11 i hnuary I. ebceerm-1 obveerm- October I. Sepbtem· 1 August I July . June •1
May I April March Febru· i January ! :1 - 1 er i ' !
1 i ary
1 --·--------~------,·--· - ---1--~-----1--:----------- i-------,--~-------.---:---~-----•noN AND STEEL-Continued I I ' ' i , i ! '
. ' Iron-Manufactured Products-Contd.
Cast-iron boilers-Continue<!. ,I 11
Squ}!'~~~:~~~-;_ ...••...•.•• thous. of lhs.. ii 10,908 · Pr l t ·o th of lb• -i4.-24ii-111 7 "64 I ot ur 1 n............. ous. "--. , " · Shilmtents .............. thous. of lbs .. i 8, 275 ; 12,193 'I
Stocks, end of month .•. tbous. or lbs •. 108,388 ,i 101, 7i7
19,029 11,741 19,137
106,617 Cast-iron tit~ings; ' I j
§'~jl~~'etr:~~--~::::::::::::::::::~gg~~ ~g~~:: '::: ::: :::_1 :::::::::11 ~;~~A Malleable fittings; ,
Production ____________________ short tons __ , ---------1---------' 2, 412 Sbipments .................... sbort tons .. ·---------: _____ .... ' 2, 026
Radiators: . New orders.tbous. sq ft. beating surface __ , Production. thous. sq. ft. heating surft~re. ! 4, 867 , Shipments .thons. sq. ft. beating surface.. 3, 257 Stocks, end of mouth
___________ thous. sq. ft. heating surface.. 33, 5Sl Range boilPrs: ,
N O\.V orders ______________________ number __ j I)roJ uetion ______________________ number __ ! Hilip1r!ent.s ______________________ number --1 Stocks, end of monUL ___________ number __ l Unfilled orders-
TotaL _______ .. _____ ..... __ .number_ .1 Delivery, :lO <lays _____________ numher ...
Delivery, more than 30 days.number_ i Steel--Crude i
Prices, w hoiesale: I Composite, finished steel j
40,816 32,975 :\\!,018 '27, 421
8, 790 7, 240 I, 550
2. 11 Iroiiii.iiii"sie.iic<illiiJ08iiedous. per
100 lbs .. l
_____________________ dolls. per long ton.. 29. 9S Stee,l. billets, Bessemer j
27_ 75 (littsburgb) _ ........ dolls. per long ton .. ,
Structural-steel beams (Pitts· burgh) .............. .dolls. per 100 lbs .. 1. 51
4,413 : 3, 489 . 5, ()'27 !
I 32, 225 1
26,060 I 32 862 26:743
2 33,4!i4
6, 992 6,092
900
2W
30.32
28.80
1.60
8, 302 5,560 8,465
34, 388
37,427 37,918 36,930 26, 605
7, 520 6, 309 1, 21l
2.18
30.61
29.00
1.60 Bbeets, black, blue, galvanized, and full fin·
!shed; New orders ...................... net tons .. 121,258 99,706 102,861 Production-
5. 475 7,638
2, 973 3, 610
10, 342 i 7 292 ' u: 282 :
!
4, 5g2 5, 822
2,466 2, 964 :
8, 508 5, OHO 9, 262
36, 798 ' 40, 549
46,680 : 51, 7tiD 50,127 : 25,617 i
7, 023 5,423 1, 600
2.18
30.81
29.00
1. 60
117, 195
42,109 39, 211 41,754 23, 975
10,470 8. 470 2, 000
2. 20
31.03
29.00
1. 60
120,688
19,967 15,264 19,413
137,143
3, 650 : 4,442
1, 959 2,041
8, 365 ' 4, 572 7, 960
-14,834
35. 67·1 32,003 33,636 ' 26,518
10,115 8,004 : 2, 061 ;
2.19'
31.05 :
29.00'
1. 60'
122,849
14,765 13,028 15. 184
139,469
4, 059 4, 779
2, 114 2,330
6, 606 4, i94 6, 334
47,414
39,066 44.611 46,036 2~. 151
12,200 13,256 11, 422
141,522
4,165 4,508
2,365 2, 489
6, 428 5,025 5, 759
50,183
39, 428 42,012 41.001 29; 576
8, 077 ' 15, 047 5, 922 : 12, 752 2, 155 2, 29.5
2.20 1
31.05'
29.00
1. 65
144,461
2.19
31.02
29.00
1. 65
163,599
Per cent of capacity ......... per cent.., 31.2 26.3 101,570 103,400
26. 7 33. 1 32. 0 M. 9 46. 3 : 40. 3 102,758 122,739 116,842 123,752 174,890 I 147,843 94, 975 129, 365 12a, :m 151, 529 178,460 : 1.56, 160
. TotaL ..................... net tons .. I m· ~~i Sb!pments ______________________ net tons .. l "• •
Unsold ______________________ net tons... 73,540 Stocks, end of month- I TotaL ........................ net tons.. 1!9, 288
Unfilled orders, end of montb .... net tons ... 1
126,508 Bteel castings; I
New orders-Total.. ____________________ short tons .. , Miscellaneous ............. sbort tons .. I Hail road specialties ....... short tons .. I
Production-
17, ~93 13, ll4 4, '271)
12 Per cent of capacity .......... per cent. .. !
TotaL ..................... short tons.. 18 3U5 Mi~cellaneous .... , .......... short tons .. j 1~: n~ Railroad speclalties ........ short tons .. 1 • ' Per cent of capacity ......... per ceut..J' 13 .
Steel ingots, production: · · Cauada ............... thous. oflong tons .. ~---------United States, totaL.tbous. of long tons.. I, 4Gl United States, totaL ...... rel. to 1923-25.. 42~~ Per cent ofcapacity _____________ per cent__ ...,,
80,191 126, 540 119.677
2 20 799 2]3' ~63
2 o: 936 14
74, 763 133, 296 H7, 169
20,001 12,832 7, Hi9
14
2 22 064 23, 139 1.0: ~us , 16, 138 '6 161l 7,001
• 15 16
21 1, :J02 37. 7
24 :
28 1, 59·1 46. 1
30 U. S. Steel Corporation: I
Earnings __________________ tbous. of doils .. ---------: 1,032 i 1,249 Unfilled orders, end of i ,!
month ________ ...... thous. of long tous .. 1 2, 648 :'
U~fi~~e~~~r-~~~~-~~~~! ..... rel. to 1923-25 .. j 55. 5 •
Steel-l\:lanufartured Products r
i Furniture, steel: i
B usiuess group- I New ordcrs ............ thous. of dolls .. [ Shipments ............ tbons. of dolls __ , Until.led orders, end of !
month ............... thous. of dolls .. \ Shelving- I
New or<ters ............. tbous. of dolls .. \ Shipments ............ thous. of dolls . ..I U ntll!ed orders. end of !
month .............. tbous. of dolls .. I
967 U77 '
605 '
267 2ti9
272 ' Iron, steel, and heavy hardware, ,
sales ...................... rel. to Jan., 1921.-i-------Iron and steel: [
Exports ........................ !ong tons __ , 40, 6W Imports ........................ long tons .. i 25, 346
Lock washers, shipments ...... thous. of dolls ... ! 121 Steel barrels;
Production ....................... barrels •. ,. 359,685 Per cent of capacity .............. per cent.. 2ft 2 Shipmeuts ....................... barrels .. l 352,135 Stocks, encl of montb ............. barrels .. 1 42,729
U~fi~~·~~:~~-e_r_s:_~,~~-~: .. thous. or barrels..! 925
1 Revised.
2, 735 ! I 57.3 : !
911 1,075 I
615
295 299 ;
273
81
2, 934
61.4
910 956
780
267 226
419
91
57, 263 59, 526 1s, 125 1 23, 104
81 80
3S2, 483 : 453, 547 27. 9 32.7
335, 435 444, 201 35, 179 44, 050
620 : 549
70,465 67, 337 137, 243 143,153 159, 367 167,366
22,854 1
15,893 : 6, 961 :
16 i
23,073 17,050 6,023
16
24, 113 i 26, 948 16, 747 19, 683 7, 366 1 7, 265
17 19
31 1. 592 46.1
28 '
I, 690 i 3,119
65.3
1,114 1,078
826
304 310
378
109
59,335 23,335
85
33 1, 548 44.8
28
2, 559
3,145
65.9
1, 059 1,188
i90
304 310
383
112
69,768 24,509
83
75, 288 77, 953 I 75,618 149, 533 1 160, 959 1 168, o13 170, 122 i 203, 358 i 304, 107
I '
2207 •• 645108 li 32, 869 :
19,248 ! 6, 8fg ! 13, 6~~ ,
26, 136 18,539
7, 597
i 30,186 1
21,529 : 8, 657 1
21 •
52 ~ 1, 719 49. i
31
2, 960 :
3,169 i 66.4 ;
1,010 ' 1,057 .
919
307' 358
390.
110
18
31, 751 35,018 23, 339 : 25, 608 8,412• 9,410
22 . 24
45 1, 886 54.6
34
3,662
3, 405 i 71.3
1, 092 1, 074
966 '
328 . 371 .
441
117
56 2,076 60.1
38
4,499
3,479
72.9
1, 272 1, 221 .
948
452 449
483
124 .
73, 338 ' 84, 466 7 5, 585 21, 898 28, 255 : 30, 987
84 1 96 122
489, 555 451, 562 449, 590 580, f>65 : 552, 955 35. 3 31. 7 31. 6 ' 40. 7 i 38. 9
492, 145 452, 960 455, 502 581, 450 : 549, 781 34, 704 37, 294 38, 692 44, 604 45, 489
638 914 1,030 I 939 I 1.078 '
10,049 13,140 9, .537
139,773
4, 976 5,088
2,471 2, 784
4,863 5,164 5, 003
50,953
41,768 43, 799 41, 7H 28,565
16,620 9, 944 ' 6, 676
2.21 •
31.39 :
29.50 i l. 65 i
I s. 091 I 9. 771
15, 981 14, 700 8, 448 8, 851
136,840 I 129,643
s. 603 1 s. 763
9,122 : 15,957 ' 8,fl.32 '
124,238 .
6, 288 5,897 5, 3i91 5, 665
3, 07.1 3, 290 i 3, 379 2 9Q5 3, 242 . 3, 432 •. I 4,330' 5, 957 1
4, 293 1
4, 451 6, 781 4,013'
4,483 6, 8()1 4,410
50, 632 1 48, 9i8 , 45, 969
43,28711
48,250 47,148
26.510 I 16,596 8, 599 7, 997
I 2.22 i
48,733 48,051 49, 861 25,408
20,457 10,882 9, 575
2. 23
31.61 i 31.66 I
3o. oo 1 3o. oo
1. 651 I
1. 65
40,807 42,083 41,944 27,218
21,585 11, iOS 9, 877
2.22
31.65
30.00
1. 65
148,612 ; 191,987 '1236, 310 163,564
56. 6 ' 58. 2 61. 1 57. 2 201,846 213,608 224, 322 192, 218 191, 942 i 211, 118 • 208, 207 179, 138
82, 532 I 85, 415 s9, 334 92, 047 169,444 : 176,846 189,915 181, 614 296, 731 l 325, 169 383, 280 343, 439
i 39,052 • 27,746 11,306
27
43,154 : 31,083 ' 12,071 !
30
75 ' 2, 506 : 72.5 :
45
4,183
3, 62o I 75.8 '
1,306 : 1,305 :
I 897'
506' 409!
480 I
129
46,039 29,844 I 16, 1~~ I
I 48,282 35,439 12,843
33
91 2, 722 78.7
49
5, 136
3,898
81.6
1,424 i '1,480 :
:
896: :
408 I 423'
383
134
91, 407 101, 081 29, 689 40, 606
172 179
48, 184 37,172 11,012
33
56,755 42,544 14, 211
39
99 2, 994 86.6
54
7,191
3, 995
83.7
1, 487 1,522
952
'456 481
398
123
109,512 33,343
177
40,320 31, 184 9,136
28
49,548 35,638 13,910
34
83 2, 502
72.4 49
6,156
3, 965
83.0
1,478 1, 563
986
'402 382
424
104
91,212 22,479
163
610, 788 591, 399 550, 583 450, 134 43. 1 41. 9 39. 9 33. 1
618, 801 600, 566 554, 332 449, 485 42,315 50, 328 59, 495 63, 244
1,053 1, 195 1, 253 l. 392
11,.'i00 14,689 1:3,082
117,662
6, ~~6 6, lo18
3, 236 3, 533
6, 267 6,1161 6, 091
43,613
58,233 60, 213 64,033 27, 079
22. 722 11,712 11,010
2. 22
31.70
30.00
1.63
180,863
45. 1 167,865 170,379
87,496 180,285 360,479
46,810 2 :l1, 372 2 15,438
32
46,294 2 32,80'J '13 485
' 32
.58 2, 459
71.1 43
6, 118
4,132
b6. 5
1, 840 I, 768
1, 072
418 422
404
110
92,745 33,959
140
421,814 32.6
427,622 62,595
1,424
36 SURVEY OF CURRENT BUSINESS J\Iarch, 1932
MONTHLY BUSINESS STATISTICS-Continued
1932 ,[ 1931 Earlier data for item<J Ahnton here may
he found In the 1931 Annual Supplement to the Surveu
! -i 8e;telll·ll At.Igu-<t I
-- --------·---·----------- ·---~-----"-------
Janu-JrY ~.i Deccrn~ 1: Novcm-;; Octo-
' ' · ! ber , ber : ber ber .. ' '. -~---
July June :, May April : March ! Febru- January ary
IRON AND STEEL-Continued
Steel-Manufactured Products-Could.
Steel bars, cold finished,shlpments.slwrt tons Steel hoilers, new orders:
15, 4.19 13, fiOS
~~~';t-ft_y_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-___ t_~~~::~~;{t.~;::' ::::::::: 391 409
Steel plate, fabric-ilted, new orders: '1'otaL ___ --------------------short tons.. 17, 613 16,442
778 Oil storage tanks ______________ short tons.. 4, 783 Structural steel, fabricated:
New orders-Computed totaL __________ short tons.. 40, ~00 i 2 97, iiOO Per cent of capacity _________ per cent.. 12.3 2 ~4. 4
Shipments-Computed totaL __________ short tons .. Per eent of capacitY--------· per cent..
Track work, production. __________ short tons ..
66, 000 '2 122,800 16.5 2:10.7
2, 9:16 2, :l7:.l
Enameled Ware Baths:
12,182
424 491
: !
13, 034 11, 576 i 12, 600 I
467 · 692 1 595 672 893 ! 827
18, 268 ' 20, 839 33, 47:l i 24. 2S2 1, 755 I 1, 955 i 4, 024 ~ 1, 138
I
2 90, soo • 109, 200 I
14,413
6g7 816
27,261 4,136
22. 7 227.3 48 6 31. 0 ; 39. 9
16, 360 22, 768
678 604 818 658
22,806 4, 679
26,210 2, 411
25, 141 25, Oil ! 8251 6651 689 630
29,916 7, 749
31, ()!16 2, 538
'172, 400 '' 152, 400 '284, 800 '17S, SilO 43. 1 . 38. 1 2 71. 2 H. 7
111, fiOO ,214:;, EOO 27.9' '35.9
'194, 400 :
1
2124, 000 ., 159, tJOO
'149, 200 i21ft7, GOO i2180, 800 '' 159,200 2J45, 200 2158,800 2J49, 200 31.31 241.9 245.2 239.8. 36.3 239.7 237.:l
1, 94S 2, 162 3, 472 i 3, 924 4, 409 ' 5, 705 7, 453 8, 564 8, 944
21.727
622 516
24,438 3, 58.1
158, &00 2 ~9. 7 .
21,943
577 59S
27,518 2, 5[18
2 158,000 'il9. 5
New ordcrs-------~---------no. of pieces .. -- 13, USG ' 21; 44il 35.703 Shipments __________________ no. or pieces_ .. --------: 15, 'iH3 25,473 31J,022,
33, 578 I 34, 91<0
1:14, 392 i
3-1, 463 37,633
139, 496
46,704 47,922
138, 759
43,228 : 42.991 40,111 33 196 28,0'1 56,494 34:938 . 30, 6Jo , 68, 5G4
Stocks, end of month _______ no. of pieces__ l2fl, 7:26 : 121), 718 , 1:31. 85R Unfilled orders, end of 1
I I
43, 584 : 45, 512 40, 449 145, 140 ' 152, 206 : 163, 037 166, !58 160, 851 148, 90'J
month ____________________ no. of pieces.. 8, SGG : 10,973 Lavatories: :
1 ... 0''') :
New orders _________________ no. of pieces .. ---------'! 1, ·'" 1
30.269 Shipments __________________ no. of pieces.~ -----~---: 18,917 , 30.841 Stocks, end of month _______ no. of pieces~- ---------; Hl2, o:l3 ' 161,911
ru~~ • New or<hrs _________________ no. of pieces .. ·--------': 19,786 34,997 Shipments .. _________________ no. of pieces~- ..... _____ , 23,0V5 34,163 Stocks, end of month _______ no. of pieces .. ----- ----'i ~u. 825 212,783
Miscellaneous S3nitary ware: ' i
~e;;n'i~~~~~~~:~~:~::~~::::=:~g: gi f,)~~:~:: :::~: :~:~,, 1~: ~~3 j g; ~:~ Stocks, end ofmonth _______ no. of pieces .. --------- 1 S2,4b7; 83,492
Sm~ll ware (except baths): U nfillecl orders, end of ·
month_------- ____________ no. or pieces __ ----- -~-- 29, 4)1 Porcelain ew1meled flat ware:
New orders-Tot,tL ________________________ rlolhrs __ --------- ' 4.5!, 7-iO Si~ns ____ ··------····------------dollar~L- ---------: 2:~4. 287
rnt~~~ht~~~S---~=~===============3~~t~~~~= ========= i t~~: ~~~ 1:
36,465
4(;5,431 1:i9, l07 110, 9:i3 195,361
Shipments- · TotaL ________________________ doll:1rs __ --------- Sl2, OHI I 492,212 ,'-!kus __ , _______________________ dnlltlrs. ~:i-.;, 25\J l~i8, 4S9 T:~i>le tops ___________________ (],,JlarL. ""· ~18 . 123,793 .. \ll other_------------- .. ______ do1lnrs_ ~ [)0, 5-U ', 19H, 9GV
Plumbers' Woodwork
Ne.w orders, net_ ________________ no. of pieces __ Shjpments_ ----------------·----no. of pieces __ Stock, flnisherl, e.nd of rnonth ___ no. of pic;.:es __ Un!1lled orders, end of mouth ___ no. of pieces __
Bathroom Aceessorles
:---±, 514 93,1:11
167, 562 7~. 233
100, 1~4 !00, 708 1\!0, 034
S8, 8U5
Total: Production __ ------------- •• no. of pieces__ ---- :! SS, (i26 · 121, 490 Shipments ... _______________ no. of pieces .. ----- ----' G(J. f>53 101,849 Stocks, end ofmonth _______ no. of pieces.--------- i 670,012 Gl5,909
Shipbuilding
Rate of activity (elec. energy 93
_ 2
i consurned) ___________________ rel. to 1923-25 ..
Building or under contract, end of month-Merchant vessels ____ tho us. of gross tons .. ---------
Completed during month-TotaL ___ ---------------------gross tons .. ---------Steel, scagoing _______________ ~_gross tons __ ---------
Machinery Total exports. ________________ thous. of dolls.. II, .(0!)
Air conditioning equipment: Ne"v orders-
TotaL_------------ ____ thons. of doHs_. ---------- 1 Air washer group _____ thou~. of dulls __________ _ Fan group _____________ thous. of dr11ls ... tTnit heater group _____ thvus. or dolis __
Electric hoists: New orders-
t-,uantity ________________ no. or hoisrs.- 82 Value ________________________ .dollars__ 32, n:n
Shipments ______ --------- _________ dollars._ :30, ~):)J Electrie overhead cranes:
New or<lers _______________ thous. of dolls.. 65 Shipments ________________ thous. of dolls.. 40 Untill0d orders, end of
month __________________ thous. of dolls.. 383 Foundry equipment:
New orders ________________ rel. to 1922-24.. 20. ,5 Shipments _________________ rel. to 1922-24.. 28. 8 Unfilled orders. end of
month ___________________ rel. to 1922-2-1 29. 1
'Revised.
9u; 1 95. o
24D \ 27H
23, ()5,5 : <)3 ?''9 : 19, 5HJ I i9: 402
17,700 I
1 035 ' ' 57 I 24(;9'
50U
140 ,)\l, 907 4S, 0-t5
70 13k ~
372 .
26.3: 24.9 '
3G. 5
15,700
1,:334 i 79
om; 657
101 48, ~43 63, 714
44 102
135
17.2 32.9
-10.8
12,320 : 13,722 15,892 17,110 17, 466 ' 19,987 20, 325 22, 067 12,001
43, 23o 44, 963
169,509
41, 4S;J i 43, 521 1 53, 226 43, il72 45,262 53, 585
176, 825 190,226 192, .552
49, 181 ' 51, 395 m, 575 t 54, s2o
209, 841 : 218, 067
45, 440 43,221
232,277
33, 851 30, 883 36,642: 3!,438
230, 817 21 z. 395
44,287 4\518' 43.174 4tl, 437 43, 070 ! 41, 907
224, 726 ' 22f>, HO : 236, CC5
26,854 2(), 175 81), 401
3oJ, 506
70C;, 281 2UG, 012 205, 751.: 2!H,5li)
i)'J2, 415 LS2,1ft/ 201, \Jil5 308, <103
100,2/.) 111,422 191,933 89, 409
39, 702 :
701,487 213,856 L75, 642 311, 9S9
41,457
564, m43 170,313 128, 3.'0 205,430
638,431 229,40:3 131, fj/fi 217, 2U7
110, 372 ' 100, 928 !Of>, 466 I 118, 3:iS 199, 308 . 203, 213 100, 55fl 95, 650
51,341 52,963
245,354
27,106 29.082 91,260
45, t>~O
49, 928 : 54, 693 51, 676 ! 56, 84.5 '
25.1, 269 i 260, 426
27, 463 : 21, 243 26, 453 i 24, 490 98, 384 101, 6n
49, 637 • 51, 769
649, s~4 ; 637, ess ' 716, scz 245, 943 : 249, 435 283. 5211 168, 362 ' 132,809 148, 700 21-5, 589 255, 3fi4 284, 27G
52,771 49,4-13
273, 154
22,995 21,719
107, 917
60,293
670,171 242,938 161, 172 266, 061
690,801 27S, 732 Hi3, 979 248,090
706,838 739.656 f,D1, 107 290, oaz 2oo; 42C 25H, 906 140, 545 i 151, 6·17 ' 160, 8\12 276, 261 : 297, 5S0 273, 30~
101, 781 ' 122. G42 108, 525 i 126, 3li8 211, 622 ! 200, 227 108, 080 1 114, 821
135, C74 125,652 211, 972 119, 578
118, 510 127, O.S5 204, 586 109, 556
41, 532 35, 873 41, 787 39, 211
267, 828 ' 259, 4i2
18,1l41 Ill, 811 •
109, 50S
53,470
70i, 4SO 204, 7(iU 173, 01)4 269, 647
7")8 3t:<)
293; 356 ' 174, 347 210, (,f~r,
130, 8~5 117, 11.5 21~~. 5';"4 118, 101
1.5, iS! 17, 7G8
i07, 43~
623, f/73 263, (;77 122, 83f. 237, 4C{J
62-~. 9ffl ~ 27tJ, b~l! i
12l), !·2;) I
2:]7, 4~j(l
08,8•:'-' 119, 7~.) ' 215, (i28 ' 10I,c51
154, lOG I l<J0,40! i 153,4(;2 147,99\1 203.283 IG<i, s3a , 153,126 144 466 152. 497 w2, 24n 62!J, 2U8 ; 64S, lf;I 640: 88G 621, ~\:0 u36, 388
18U, £179 181, 9.35 17:3, 588 121. 540 192, 84S I 177,051 16fl, 084 ' 122, 7-!3 625, 351 628, 220 : 623, aw 615, s12
84.5
288
4, 261 1, :!Ol
88. y : 85.6
294 . 299
27,906 I 11.554 25, 00~ i 7; 150
82.0 :
326
30,471 25,363
20, 200 . 24, 700 : 20, 400 : 22, 700
1, 485 . 83 :
575 . 827
1D5 : il, 4.51 62, 4\)3 i
: 73
157
497
45.9 20.2 i
56.8
1, 432 f>1
51i2 St.!8
13~ 6:1,o:l2 81,46.1
31.9 ' 29.6
3.1. 6 .
1. 3~~
'" 5.54 731
2J3 85, [,26 73,163
D1 345
736
16.9 37.4
32.1
1, 719 I (J:J
832 'i9J
1fl2 &0, 964
142, 143
160 435
990
38.7 55.7
51. 'i
84.8 89. 7 I
359 ! 370
22, 64 7 34, 527 J6, 96{ I 28, 613
28, 300 : 2f>, 600
2], 639 : 1, ()71 127 : 20G 78S 781 623 685
220 29~ 109, 245 142, 692 122,189 ' 115, 809
261 ' 410 i
I 1, 264 i
40.9 i
90.4 '
70. 1
307 310 I
1, 413
54.1 118.6
123.8 i
92.5 98.3
397 409
13, 766 17, 443 4, 985 ' 13, 976
31,100
I, 398 78
75ii .554.
276 125,550 101,746
274 ' 416
1,420
57.7 69. 7
180.1
29,400
1, 307 iJD
?;o 468
201 117, 2!6 134, 995
671 2(j1
l, [;52
1'14.,1 72. g
311. {) '
1H. 8
412
25, 622 9, 703
44, 00J
1,1i\O' (!4 I
[,~.) [;}J
200 1!3, 81;2 112, 31)3
21)8 530
I, 207
54.7 55.4
24,612
'il, 113 !13,870
1n2, Oi2
G3. 074 80,095
244. 8b0
29,785 33 5•J7
106: 1fi2
65, 566
5-!8, 4.03 259,070 104.522 184,811
~fi~, ii9 1VI, 894 101.1\19 JUS, fiS6
111. t/57 113, loS :!?~~· G~e 1-o, 50,
1~1. 20.1 J:l~,4l4 til7, on
113.9
421
~ 37, 500
335 1:~:~. 2H5 132, 107
42il -196
1, 407
65.3 5!. i
March, 1032 SURVEY OF CURRENT BUSINESS 37
MONTHLY BUSINESS STATISTICS-Continued
I 1932 i! I I ·Earlier data for items shown here mav
be found in the 1931 AnriUal Supplement to the Surt•eu
1·--- --- ··-- i -
! January ; ; Decem- ! N ovem- ' October Septem-: August 1 1! ber 1 ber ber i
UtON AND STEEL-Continued 1\lacblnery--Contlnued
Machine tools: New ordcrs ________________ rel. to 1922-24 .. Shlpments _________________ rel. to 1922-24 .. Unfilled orders, end of ·
mont.h ___________________ rel. to 1922--2•1.. on burners:
108
New orders .••. - .......... no. of burners .. __________ ' Shipmeuts. ............... no. of burners .. · .. _____ __ Stocks, end of month .... -.uo. of burners __ , ___ -----·, Unfilled orders, ~nd of ·
month __________________ no. of burners._--------· Pat;,nts granted:
Agricultural implements _________ number .. Internal-combustion eugines _____ num ber __ Total, all classes.----------------number ..
Pulverized-fuel equipment: K ew orders, central system-
Furnaces and kilns. no. of pulverizers .. Water-tube boilers. no. of pulverizers ..
New orders, unit system-Fire-tube boilers ... no. of pulverizers .. Furnaces and kilns.no. of pulverizers __ : W a tcr-tube boilers.no. of pul V<'rizers ..
Pumps (water): Domestic shipments-
.11 52 '
3, 918
0 ()
o' 2'
68 : 57 .
101 .
3, 765 3,804 9,093
577
75 . 72 .
2 !), :~03
0 ()I
1 2 2
51 50
97
5, 852 6, 413 8, S60
616
79 4·1
4,163
0 0
0 0 5
45 56 . 85 U2
97 140 :
13, 542 . 12, 329 14, 234 12, 03t3 8, 326 9, 748
1, 177
M .17
4, 074 '
0 1
2 0 ' I
I, 869
62 66
4, 750 '
0 0
4 1 3
72 96
182
10,621 10,035 10,155
2,076
54 69
4,088
1 0
4 . I 4
1931
July
62 ' 72
202:
8, 010 : 7,491 i
IO,ll3 i 1, 490 ,.
.15
3, 9gg :
o. 0
5.
11
74. 95
212 :
6,046 f>,044 9, !93
971
79 67
5, 270
0 0
4 3
14
Pitcher, hand, and wlnd-mill.. .... -... - .... - .... no. of units ..
r0wer, horizontal t3;pe __ no. of units __ : 15,266
35\:f 13, 7S4
850 17,677 :
1, 032 20,490
I, 063 22, 379 i 24, 579 ~6. 330
Steam, power, and centrifugal- , 2, 197 ! 2, 312 2, 229
New orders ..... -..... thous. of dolls __ , --------· f'bipmcnts __ .......... thous. of dolls ... _____ _ Unfilled orders, end of
month. _____________ thous. of dolls .. ,-Pumps (gasoline and other):
Shipments- ,
2 561 2 700
'l, 680
4~5 627
I, 852
Gasvline-- i Hand operated ............. units __ ,_________ 1, 638 1, 440 Power operatcd.- .......... units_.;.......... 3, 239 . 3, 068
Otller- · ' Jbnd operated .............. units .. ---------: 16,109 15,216 Power operated.-.......... umts .. ; .. _ .. ____ 2~4 1 268
Stokp~;;~~~~-~i-~l~-~~~~~~-------borsepower __ \ _________ , 11,072 13,231 Quantity ..... ------·------------number .. '......... 48 62
Water-softening apparatus, ship- ' : ments .. ________________________ no. of units... 267
Water-systems, shipmeuts ... -... no. of units ... ____ --·-· 370
3,874 4.18
5,050 Wood-working machinery: 1
Caucellations ....... -.. - .. thous. of dolls .. : _________ ---------,---------
~{1;1~~~1;~--~~~:~===::::::~g~~~: ~l ~~~~~:: :::::::::·:::::::::: ::::::::: Shipments .... _ .. ,_ .. ___ no. of machines .. ·- ........ :------·-- ........ .. Unfilled orders, end of ·
montb _______ ........... thous. of dolls ..
NONFERROUS METALS AND PRODUCTS
Production index (Fed. Res.
563 2 6~6
2,023
'2, 570 ' 2 ·l, 431
22,479 291
59'.) 886
2, 161
2, 715 3,676
18, 645 458
20, a~g , 22. 4~~
518 : 500 I 6, 030 ' 6, 681 :
8 7 377 345 . 347 379 371 331
340 336
775 : 800
2 2, 419 ·,
3, 276 I
4, 309 !
22,708 i 501 :
29,971 128 '
4:29 I
7, 850 ~
874 9H.
2, 441
4, 585 , [i, 742 :
875 1,028
2,471
5,019 7, 735
37, 660 : 37, 287 985 ; I, 162
20, i35 29, 889 101 lll
! 525 ' 567
7, 640 1 8, 694
16 ; 46 533 : 503 448 : 463 421 I 391
534 479
Bd.) ...................... - .. rel. to 1923-25 .. 5t; I 60 62 65
71.0 . 2;W2.1 I
65 65 65 68 Production index (elec. energy
consmned) __________________ rel. to 1923-25 .. e tocks, end of month .......... rel. to 1923-25 .. Stocks, raw materials, end of
month .............. _________ rel. to 1923-25 ..
Raw !Uaterlals Babbitt metal consumption:
Direct by producers ........ tho us. of 1 bs ... , Sale to consumers ....... _ ... tbous. of 1bs._ Total apparent .... _ ......... tbous. oflbs __ .
Copper: Exports, refined ......... -..... short tons ..
72. 7 . /0. 9 76. 0 199. 6 I 2 200. 1 : 2 200. 7
152. 5 : ' 154. 5 ' 167. 4 163.9
46:! .5i7 G07 552 ; I, ~~1 1, 07·1 · I. 255 1, 495 1, 744 1, G50 ' 1, 8fl2 2, 047 :
Hl, sa1 1 13,599 I 1s, 215 11,429 : -·-------~.---------:--------- -----Domestic shipments, refined __ short tons .. '
Price, wholesale, e1eetrolytic : (N. Y.) _----------·---·---dolls. per I h.. . o;on . 0558 • 0656 • 0678 ;
75. 0 73. 3 : 69. 3 78. 6 200.9 : 199.9 ' 203.3 213.7
152,0 147. 9 , 137.7 I 127. 7
497 ' 1, 355 . 1,852
404 ' 1, 377 1
1, 781 !
11,201 . 19, 211 I 40, 459 i 45, 816 l ' 0699 • 0729 '
511 ' 1, 420 i 1, 932 '
22,381 43, 144
.0770
702 1.605 2, 307
23,244 50,217
.0803 Production- , ,
ln<lcx (Fed. Hes. Bd.).rel. to 1923-25 .. · ...... _ ........... 1 - .... - ........ -... 60 59 f 59 Mincs ____________________ shorttons __ ,_ ........ li .. ·--------------··-------·• 38,088. 38,925
1. 38,228
67 44,473
Refined (N. and S. 1 · '
87 96
232
5,132 5, 562 8, 5li3
969
60 58
4, 270
0 0
3 1 0
o, 2 i
1 1 ' 9:
I Fehru- !January i ary --~-~-
1
liS 84 57 92 73 75
225i I
4, 836 ! 4, 406 8, 603
I, 119 :
67 6~ :
4, 789 '
0! 2'
2 2
13
204
3, 699 3, 531 8,645
689
44 76
3, 715
2 1
3 0 2
179
3, 842 4, 046 8, 572
.521
41 58
3, ~15
0 2
6 0 8
22,417 24,255 25,181! 32,902 2·!,F73 1, 564 2, 135 2, 145 1, 772 I I, 657
921 1,037
2,605
I, 075 950 755 U18 I, 036 873
2, 762 : 2, 616 ' 2, 717
773 718
2,-"'26
lg:~~~ 1::::::::::::::::::·:::::::==1::::::::: 3I: g~? i :::::::::::::::::::::::::::::1::::::::: 23,646 ! 18,723 17,993 13,849 1 ~5. 902
~~ M 63 66; 85
605 I 692 ; 756 59! I 664 9, 090 I 1, 638 , 6, 105 5, 434
1
6, 010
21 10 i 16 I 13 I 9 4871 484 i 527 : 474 486 513 451 s1s 1 491 I asa 3931 356 i 400 I 421 I 400
"' ' "' ' "' ; "" I M'
73 73 76 78 ! 77 I
112.31 224.4 i
94.0 219.3
122.4
731 1, 678 2, 409
22, 91il 45,265
.0867
68 45,580
94.6 : 220.4
126.9
716 1,844 ! 2, 560 ;
24, 179 , 54,567
.0939 :
69 46,452
103.5 219. g
144.8
832 1,829 2, 661
31,536 74,685
.0985
70 48,702
130.7 i
i
687 ! 1,820 i 2,507 I
I 28,947 1 oo, 636 1
.o972 I 761
47,5041
95.0 227.4
130.9
766 2, 090 2,856
42, 192 60, 20'd
.00~4
72 48,059
Amerir.a) ..... ____ , .... short tons ......... _.: ......... : _________ ---------' 86,704 Sme1ters .................. short tons ........... ' ......... ! _________ ---------: 47,012
90, 190 i 96, 408 47, 246 . 46, 503
98, 275 102. 695 100, 501 : 102,058 51, 652 53, 734 52, 085 i 57, 922
99,853 !
55,229 102,458 53,429
Stocks (N. and S. America), end of month- . , ,
~:g~~~ ~ ::_=_~:-~=-=.=-~:_:_:_:_~~j~~;ga2t~~i::.: :::::::::::::::::::,:::::::::.:::::::::, !~!~i~i Lea~orld production, blister •••.• short tons .. ---------,,---------:--------------·--·; 120,689
Ore shipments- ': i Joplin district.----·---·--·sbort tons._ ......... ; I, 278 I Utah ....... --------------·short tons .. · ....... --li--------·
1 Production, refined •.••••••••. short tons.. 32, 180 li 33,576 . Production (Fed. Res. '' I
1, 401 27,535 31,671
61
1, 524 : 34,807 36,546
66
2, 911 25,305 31,966
67 Pr~c'!:liiig;·<iesflvei-iiii(i(N'e~J. to 1923
-25
-- ---------~~ 641
York) .. ___________________ dolls. per lb .. , . 0375 .I • 0379 1 • 0394 . 0396 1
• 0440 Receipts in United States, ore.short tons.. 31,279 .: 2~, 611 1 28, 406 32,788 1 33, 228
J Revised.
176, 105 179, 658 187,3.13 190, 578 193,876 198,811 203, 224 455, 775 440,417 413,474 398,667 367, 921 354, 205 363, 629
402.6 389.1 365. 3 352. 2 325.0 312. 9 321. 2 121, 655 121, 504 126, 722 130, 486 128, 877 136, 958 128, 685
3, 064 i 2, 290 21, m 1 31, s11 34, 144 i 32, 157
61 64
. 0440 li • 044() 33, 385 30, 136
1, 432 28,806 30,708
60
.0392 32, 55!
1, 881 41,576 39,519
78
1, 905 34,816 35,498
71
3, 7fi2 35,498 41,775
79
• 0382 • 0441 ! • 0453 35, 677 , 34, 694 ; 37, 878
2,508 46,902 39,464
82
.0455 35,512
210,637 363,827
321.4 129,390
2, 721 55,331 43,405
83
. 0480 42, 110
38 SUJ\VEY OF CURRENT BUSINESS March, 1932:
MONTHLY BUSINESS STATISTICS-Continued
Earlier data.for items shown here may 1
1
1932 ~~~----~---- ________ -----~ _____ !:_931 __ ~--------~--~----~---
be found m the 1931 Annual Supple- ' ' Decem- 'Novcm-1 f Se tern-1 I ' I F h '· I ment to the Survey 1 Ja~uar;,J her , her I Octo her ~er · August July June i May ; April March , :r~·u [January
-------~~-- ' --- ~~-1 - ------ -~~--~~--~~-~----------
;ONFE~ROUS METALS AND PROD- : i' : II I ! I I UCTs-Continued I '
1 ' 1
Tin: Raw Materials-Continued 1
li [ I i Deliveries (consumption) ______ long tons ..
1 2, 100 " 3, 380 l 3, 550 5, 385 5, 015 5, 270 5,100 5,185 I 5, 505 6, 630 6, 120 5, 100 ['
Imports {bars, blocks, etc.) ..•. long tons __ , 2, 412 i 2, 130 : 5, 301 5, 607 4,882 5, 249 5, '\87 4, 698 I 5, 483 6, 126 6, 986 5, 903 Price, wholesale, Straits (New i : 1 j 1
7, 211} 8, 113
. 261() York) ____________________ .dolls. perlb--i .218-1 1 .2135 1 .2281 .2276 .2468 .25"15 .2502 .2341 .2320 .2512
1
.2707 .2631 • Stocks, end or month- ! : 1
United States ______________ longtons .. ·......... 6,254. 7,458 6,773 5,868 6,213 5,833 5,633, 5,698 6,212 7,917 5,862 1 4.904 World visiblesupply ...... longtons .. ; 50,041 •: 51,313; 50,583 50,602 50,722 50,987 51,707 51,6261 51,231 48,462 48,607 49,339' •13,6Ig
Zinc: I 1 I 1
Ore, Joplin district- 1 1 1 Sbipments .. ______________ sbort tons .. ,---------! 16,228 · 14,854 · iD, 446 17, 113 20,213 12,059 14,395 22,470 27,261 17, 163 25,389 i 25,987
S~~~:~-~~~~~·-~~~-~~~~~~~bort tons.L------- i 83, ooo 1 85,610 81, 190 79,533 76,566 70,935 65,480 61, 110 63,001 58,5341 56,013 Price,.slab, prime western (St. '
0.,
01 [i
1
. Loms) ... __________________ dolls. per lb..
22 5
16 ·i . 0315 . 0321 . 0374 . 038~ . 0389 . 0342 . 0331 . 0372 . 0400 . 0401 ,
3:2
0. ~5o242 ProductiQn ___________________ sborttons.. , 1, 21,965 20,526 21,356 21,467 21,365 23,483 25,688 zg,137 32,328 zg,562 1, _
Retorts in operation, end of month II -------------------------------number .. , 22,044 'I' 2 19, ~75 • !9, 428 2 20.417 2 19,305 2 19,266 2 19,022 2 20,624 2 26, 6i2 2 31,821 2 33, 118 1 2 3:l, 235.
Stocks, end of month_ .. ______ short tons ... 12U, 886 i 129,825 130,865 130, 155 1zg, 701 131,833 138,928 143,049 143, 212 141,493 144,389 I 145, 076,
Manufactured Products ii 1
Electrical equipment: Deliuquent accounts, electrical trade. l'i.
(See under Distnbution mvvement.) II Electric furnaces, new orders ... kilowatts .. : 3, 610 I[ !, 277 Electric goods, new orders ! I, . ,
(quarterly) ______________ tbous. of dolls .. ,------- --1:'1<>1, o86 Electrical porcelain, shipments- . , ,:
Glazed nall knobs .... thous. of p1eces .. ---------ji ~f:~~!r<~:::: :::::::: :::::::::~zn:~~=:,-::::::::
1!
Tubes._ ----c------ -- tbous. of P!et-e•-- --· -------1
1 Unglazed na!l k11obs. tbous. of J.Heees .. :-- ------- '
Industrir;l rellectors, sales .......... units.. 46,261 [i Laminated phenolic products, ,!
shiprnents _______________ tbous. of dolls.. 413 1!·
Manufactured mica- I Sbiprnents ____________ tbous. of dolls __ , 94 i
631 38.748 19,483
424 564
45,000
43()
Untilled orders, end of month ' I _____________________ tbous. or dolls .. ; n I 69
i
I, 513 1, 862 ! 1, 231 I
--------- --------- !• !57, 304
I, 276 63,044 29,447
501 987
43,287
2 430
73
I 1,8441
84,617 I 40,171 ' 1,000 I 1,973 I
59,103
2,038 82, 485 42,562
869 1, 095
54,69!
2 570 ! 2 639 I
76 ! 79
81 73 : 8!
1,643 74,183 38,303
971 901
56,735
2 632
103
87
1, 956 1, 732
--------- I 224,348
1,482 66,906 33,042
516 562
61, 794
'619
81
100
1, 263 77,194 41,331
592 929
66,188
'633
92
97
2 707 I
128 i 119
2 626
135
138
2,046
1182,486
1, 458 78,/16 52,599
783 1, 224
69,484
689
142
110
2,358
2,523 86,471 64,823 1,125 1, 386
68,285
630
137
141 Motors (direct current)- ' !
Billing~ (sbipments) _________ .dollars..i--------- i 414,642 New orders ___________________ dollars __ , _________ i 3M 236
Nonmetallic conduits, sbip· 1 I ' 276, 905 387, 770 365, 930 248, 265 311, 793 413,864
365, 877 360, 444 450, 1M •155, 325 473, 767 445,833 418,228 zg9, 081 377,129 402, 130 440,476 536,272 396,958 450,204
ments ____________________ tbous. of feet ... --------- 1 1, 384 Panel hoards and cabinets, I I
shipments _______________ tbous. of dolls .. :---------~~ 248 Power cables, sbipments ... tbous. of feet __ i 537 743 Powerswitcbingequipment,neworders- 1 28 777
1 Indoor ________________________ dollars .. , 1 6
• 36,686
I, 782
245 973
2,005
333 1,137
3,356
326 806
4,487
367 840
2, 777
336 890
2,447
338 1,106
~m ~oo •• ~w ~oo Rm 323,412 244,122 188,043 175,6zg 360,325 240,081 67.643 59,074 47, 142 37,952 35, 447 43, 011
Outdoot..------,-------------dolh~rs .. j I • 112 i'II97, 708 Vacuum cleaners, sbtpments ....... umts .. :---------~---------VulcanizPd fiber- :
872 I
Consumptwn ___________ tbous. of lbs .. , _0
1 1, 003 1, 057 Shipments, totaL ..... tbous. of dolls .. , 2J 1 246 262
1, 398 313
1, 407 332
1, 345 348
1, 783 344
1, 624 402
Welding sets, new orders- ' I'[ ~ultiple operations__ __________ units .. : ------ ---~ 2 Smgle operatwn ________________ umts .. ·---------
1
. 1221 Miscellaneous products: ;
1 ~~~~~~!~~~-clo-tii_::----------•el. to 1926.., -----;~~-li n~. 2 New orders ___________ tbous. of sq. ft .. ' !! 274 Make and bold orders, ' s-1 I'
end of rnonth _______ tbous. of sq. ft .. , 2(41
1 592 Pr~duction ___________ tbous. of sq. ft. .
289 1 357
Sblpments ____________ tbous. of sq. ft__, ll80 ,1 285 Stocks, end of rnontb.tbous. or sq. ft.., 1: I, 031
of montb ___________ tbous. of sq. ft._, ! 114
0 88
68.2
366 I
583 312 254 953
160
0 108
68.3
308
.122 338 312 910
129
0 115
79.7
339
509 333 316 911
135
0 80
80.9
326
504 330 330 889
134
0 120
82.5
328
546 302 324 898
158
2 134
82.8
275
560 253 274 934
145
4,091
339 1,30~
73,567 208,713 70,303
0 165
86.8
275
514 256 277
1,073
302
5.112
3241 1,619
3,50S
345 1, 63{)
3,667
373 1,326
111,875 75,303 64, 736 216, 14.0 269,425 201,344 79, 527 82, 279 71, 551
1, 475 432
8 169
90.4
zg9
554 340 zg7
1,096
174
1, 975 484
11 177
91.4
357
557 330 308
1, 079
b6
1, 652 42H
4 136
89.7
309
530 297 304
1, 083
2!1
4, 59\,1
2, 253: sn, 976 87, 794
875, 1, 752:
65, 50L
60o.
133
105
393,558 680,251
3, 997
383 I, 139
76,052 n.;,s62 55, 362
1, 369 385
23 !.5.1
90.7
404
574 332 311
1, 097
217 Unfilled orders, end i IG4 ·~!
Enameled sheet-metal ware, · 1
shipments. ______________ .dozen pieces .. :---------· j, 23:1, 267 197,080 255,782 307,068 251,544 246,858 232,672 2ti4, 953 281,339 312,916 289,205 267,232 Pails and tubs, galvanized- • II
Production _____________ dozen pieces __ , _________ ' 72,55~ 67,145 98,310 110,253 134,003 103,345 92, 460 ' 1~:1, 413 143, 258 147,278 132, 781 90, 747 , In, 012 140, oso 144,052 120, 723
103, 677 13~, 53S Sbipments ______________ dozen pieces .. ,---------~-~ 63,163 i2,011 !8,270 120,851 129,693 114,134
Otber galvanized ware- ! ' Production _____________ dozenpieces .. ,---------
1
'! 11,7SS 15,760 26,fi26 32,276 34,709' 26,970 26,304 2'8,390 34,929 31,542 34,347 Sbipments ______________ dozen pieces .. !---------,' ~. 406 16, 087 27. 792 36,007 32, 764 , 27,334 28, 724 : 34, 188 42, 287 29, 579 28, 142
23,716. 2fi, Y58
PAPER AND PAPER PRODUCTS I . New orders ____________________ rel. to 1923-25 .. ---------~1 ' Production index (Fed. Res. '
Bd.) _________________________ rel. to 1923-25 .. ---------: Production index (elect. energy consumed) : I'
(paper and pulp) ____________ rel. to 1923-25 .. _'. 109.3
1
1
Stocks, end or montb __________ rel. to 1923-25 .. 1 124.0 ' : i
ll'ood Pulp : Ground wood: i I
Consumption and sbipments __ sbort tons .. :------~--1: Imports,----------------------short tons .. 1 17,339
11 ProductiOn ____________________ short tons .. ---- __ -.. 1
: Stocks, end of montb __________ sbort tons __ , _________ !
• ReYised.
.. 6- 1 I 2 -, 9. o
9-1 96
107. ~ 126. I 2 125. I I 123. 9
105, r,~zl• lOB, 517 22, 757 21,066
108,75712114,312 87, 303 '84, 128
91.0
102
113.0 122.2
I
96.7
104 '
138.3 . 128.2 I
90.5
105 ! 121. 7 128.6
110. 71fi i 106,094 100, 180 21, 842 I 18, 750 i 14, 433
104, 78S I' 96. 920 i 87,638 76, 332 82, 260 I 91, 434
93.2
100
104.0 128.6
111,463 17, 725
102, 197 103, 971'
90.7 :
109
112.4 1zg. 7
102.7
113
135.1 126.1
118,371 ' 118, 157 13,512 ' 12,851
121, 103 i 130, 858 115, 235 , Ill, 832
' Quarter ended In month indicated.
101.3
110
109.6 131.2
!16, 914 23, 136
136,438 93, 131
99.3
110
123.0 123.4
Ill, 165 14,652
116,311 73,606
96.7 '
110 :
127.0 ' 128.6 '
H7.2
106
111.8 125.9
96, 823 I 08, 349 15, 656 14, 394 95, 937 107,208. 68, 460 ' 69, 34~'
March, 1932 SURVEY OF CURRENT BUSINESS 39
MONTHLY BUSINESS STATISTICS-Continued - -
. I 1932 Earlier data. for 1tents shown here mau ____ 1_ _ _____ _ 1931
be found m the 1931 Annual Supple- 1 ! Deccm-r' Kovem·J 1 Septem· r \ I - -----}; ;··-- i ment to the Surveu !January : ber ber October I ber August! July June May April March ;;~u- ']January
-----~----~----------------------~------- - (------~-- -----~----~--- ---- --------
PAPER AND PAPER PRODUCTS-Con., i Wood Pulp-Continued
Soda: I · Consumption and sbipments .. short tons--1---------: 22, OS6 1 18,088 Production ____________________ short tons .. !.. ________ i 22, 682 19,336 Stocks, end of month __________ sbort tons __
1
, _________ ' 4,124 4, 516 Sulphite, unbleached: I
Consumption and sbipments .. short tons .. , _________ 1
17.274 '19, 178 lmports _______________________ short tons .. ] 84,421 ; 46,789 67,062 Pnce ___________________ dolls. per 100 lbs ...
1
I. 58 i I. 81 2.15 Production ____________________ short tons.T_____ ___ 16,978 2 18,380 Stocks, end of month __________ short tons __
1
_________ lj 7, 480 1 '6, 583 Sulphite, bleached: ': I
Consumption and shipments .. short tons .. _______ __] 32,636 2 32,522 lmports _______________________ short tons . .' 30,689 1: 25,288 35,726 Production .... ------------------sbort tons .. ---------1! 31,874 , '33, 436 Stocks, end of month __________ short tons .. ------·--i' 6, 308 ] 2 7, 070
Total sulphite: 1• '
Consumption and shipments .. short tons .. ----------'] 97,580 [2102, 622 Production ____________________ short tons .• ___ ______ 97, 148 :2103, 616 Stocks, end of montb __________ short tons .. ,---------1: 27,610 [ '26, 852
Sulphate: . . 1 ,: ·
ConsumptiOn and shipments .. short tons·-'---------" 2R,9561 33,828 Production ____________________ short tons--1---------ii 31,276 36,624 Stocks, end of month __________ short tons •• _________ !: 4, 3481 4,144
Othe; grades: . . I ]; ConsumptiOn and shipments .. short tons.+------·-ji 804 I 844 I,'roductwn ____________________ short tons .. r---------
1
: 920 1
768
19, 876 21,226 4,058
21,170 53,014
2.15 19,814
5, 724
37,090 29,169 37,080 6,156
112,224 109,894 24,198
37, 174 39, 004 3, 848
1,168 1, 062
312
21,558 21,528
3, 598
16, 698 49,314
2.15 19,800
6, 388
35,784 34,943 36,232 6,166
105,666 109,558 25,836
35,202 36,866
4, 604
986 942 418
24,278 i 25,508 !
4,620 i 19,0261 49,300 I
z. 15 1
16,922 ' 5,052
23,502 24,362 4,502
17,544 52,061
2. 15 17,924 5, 578
37. 818 35, 448 29, 510 23, 109 37, 736 35,262 5, 718 5, 800
108, 924 I 1o.o, 294 107, 430 107, 664
23, 710 23, 626
36,630 38,522 5,384
754 890 462
38, 156 39,228 6,050
1,078 1,202
326
23,572 24,834 4,660
16,790 52,745
2.15 19,092
5, 500
AA, 080 29,558 39,048
5, 986
25,960 27,230 4,480
19,020 34,483 !
2.15 19,494 4,256
37,440 28,614 38,262 5,018
27,412 28,102 4,414
21,178 30, 724
2.15 21,076 3, 936 1
37,272 30,511 36,092 4,196
111,282 110,722 115,960 115,200 110,840 115, 974 21, 558 18, 698 18, 734
39,828 40,948 7, 524
7i8 774 202
39,590 41, 870 9,076
1, 072 514 206
39,082 41,292 9, 594
844 898 764
27,660 29,304 4, 998
18,882 34,289
2. 35 18,878
4, 316
40,544 32,863 40,600
5, 376
115,794 115,022 18,998
34,014 36,542 10,152
I, 184 I, 188
710
27,884 29,422 I
4, 624
20,554 50,271
2.48 19,384 4,320
43,090 25,592 40,4fi2
5,320
117,122 112, 552
Hl, 770
35,880 38, 104 10,092
I, 016 1, 098
706 Stocks, end of month __________ short tons .. ---------,i ~·'2[' 236 Total chemical (all grades): I II
Consumption. _________ .. ______ short tons •. _________ ,1
, 149, 426 r' 15.5, 382 Production ____________________ short tons •• --------- i 152,026 I' 160,344 Stocks, end of month __________ short tons.-j---------1: 36,434
1 '35, 748
170,442 163,412 170,586 168,030 175,460 177,344 171,186 168,894 172,350 172,456 181,756 180,454 ~m ~w ~m ~~ ~~ ••
183,298 186,266 33,506
178,652 182,056 34,858
181,902 181, 176 35,192
Paper 1 I! I Box board: 1 I' ·
c.onsumption of waste paper •• short tons •• l·--------1114;. 671 ! New orders._----------- ______ short tons __ , ... ______ 13., fOO . Operat!on ___________ thous. of inch hol_lrs .• i---------'li 5, 649 Opcratlon ______________ p. ct. of capacity--~--------- : 48. 5 Produrtion ____________________ short tons .• --------- ' 1f>8, 415 Sbipments ____________________ short tons .. _________ , 158, 71R Stocks, end of month __________ short tons •. :---------~' 1 8G, 919 Stocks of waste paper, end of month-
1
: I
lfl8, 401 173,936
6,403 59.5
182,208 174, 234 87,222
209,903 218,527
7, 840 64.8
218,157 218,489
79, 248
In transit and unshipped , purchases _______________ short tons •. l---------1 28,192 I 42,181
At mills ___________________ short tons •• '---------: 165,243 153,712 36, 055
151,658 61,365 Unfilled orders, end of month.short tons __ ! _________ ' 34,949 61,067
Newsprint: I : Consumption by publishers, I ;
United States ______________ short tons .. 151, 181 1 160, 146 Exports, Canada ______________ short tons •• 172,914
1 161,83.1
Imports, United States ________ short tons ... 166,516 ' 168,087 Price, roll, destination, i I Production- I
174,092 173,852 171, 151 171,031 176, 228 180, 230
57.00 57.00
205,084 235,382
7, 946 70.9
221,684 221,261 79,580
200, 138 215,752
7,685 65.9
213,614 218,244 79, 157
213,686 221,048
8,114 69.6
222,927 221,980 83,787
208,513 223,990
8,200 70.3
224, 110 223,328 82,840
227, 125 236, 173
8, 727 77.8
232,020 231,746 82,058
45,386 47, 549 47,052 50, 558 39, 209 149, 029 148, 042 166, 006 169, 570 182, 812 61,327 47,206 49, 698 50, 630 49,968
206, 571 1210, 590 224, 021 222, 511
7, 903 8, 17.5 67.8 70.1
230, 537 226, 011 227' 806 224, 023 81' 784 79, 053
I 25, 026 1~ 51, 301
167, 478 167, 846 45, 541 49, 326
191,331 198,296
7, 345 71.2
205,785 203,202 77,065
35,229 191,507 50,838
152,422 146,249 157,119 161,265 179,836 174,325 lfil, )7] 160, 175 157,205 189,739 185,432 152,360 159,946 157.037 173,457 188,919 192,688 175,242
179, 340 1150, 403 200, 545 144, 236 169, 3451148, 388
57.00 57.00 57.00 57.00 57.00 57.00 57.00 57.00
2R, 512 29, 102 4,366
20,194 87,600
2.48 20,354 5,490
41,616 36,095 41,402
7, 948
121,774 120, G28 24,340
33,722 36,674 10,426
1,258 I, 190
624
185,266 187,594 39,756
199,229 211,782
7, 520 64.5
211, 691 209,660 74,482
34,510 197,699 55,744
160,660 153,362 172, 110
57.00 N. Y -------------dolls. per short tons·-r---------1: 57.00
Canada ___________________ short tons __
1
• 171,321 ]i 165,173 United States, totaL •..••. short tons.. 94,247 1' 93,861
175,643 94,149
66
184,252 178,412 165,124 182,731 193,971 202,607 205,838 187,005 164,552 '183, 073 97, 117 91,241 88,344 99,548 101,086 101,202 102,450 100,590 88,788 '101, 194
Percentofcapacity _________ percent .. ---------1 63 63 64 59 67 68 69 70 68 65 69 Shipments- I 1
Canada. ------------------short tons.. 171,813 i 165, 017 173, 601 191, 725 United States _____________ short tons ..
1
94,550 'I 93,550 93,723 98,616 Stocks, end of month-
178,181 162,303 175,350 194,144 202,280 205,752 187,730 162,350 '181,619 90, 303 89,047 97,225 100,087 102, 555 101,819 101,044 90,901 '99, 754
At mills- : I Canada _______________ short tons .. l 53,683 54,214 48,735 United States _________ short tons .. ! 32,406 I 32,709 32.398 ~~ ~w •~ ~- ~~ ~- ~rn ~~
At publishers, U. S ......• short tons .. ]192,817 , 195,505 187,839 31,953 3:J, 517 32,607 33,616 33,906 32,956 34,289 32,254
1110, 367 197, 716 202, 121 203, 944 189, 990 178, 333 185, 560 190, 728
United States ___________ short tons __ l 37,612 40,495 42,406 38,022 34,379 Other paper: ,
In transit to publishers, ' ! I .
1
Binders' board, production •.•. short tons.-1--------- : 1, 301 1, 320 1, 224 '1, 560
30,879
I, 695
34,566
2,069
39,041
1,535 Book paper: 1 I i Production ______
7 _____________ short tons __ ! _________ :_ 103,509 95,576
1
102, Ill Per cent of capaCity _____________ per cent •. ~---------. 69 67 66 Shipments_ -------------------short tons ... ________
1
; 10.0, 660 103, 588 105, 379 Stocks, end of montb __________ short tons .. ---------I 85, 115 87,477 85,594 New orders- I I
Coated •.. p. ct. of normal production __ , _________ ---------~'--------- 56 Uncoated.p. ct. of normal production·-[--------_![ _________ ---------[ 57
Unfilled orders, end of month- 11 Coated _____________ days' productlon __ ! _________
1
1i--------- --------- 4 Uncoated •.••••••.. days' production.+--------'------------------ 5
Fine paper: ~ i I Production ______ 7
_____________ short tons __ 1 _________
1
24,239 . 24,116 27,793 Per cent of capaCitY-------------Per cent __ , _________ , 48 50 56 Shipments. -------------------short tons __ ! ____ -----1~' 24,021 24, 526 29,071 Stocks, end of month __________ short tons .. ]---------1 54,211 53,996 54,398
Wrapping paper: 1 I Production ____________________ short tons .. :---------~ 58, 207 2 62, 772 73,347 Per cent of capacity _____________ per cent ..
1
_________ 65 77 79 Shipments ____________________ short tons __ , _________
1
, 60,768 '64,592 72,027 Stocks, end of month __________ short tons .. I·--------~~' 76,928 ' 79,477 81, 318
All ~~:JJ~tJ~:;.~------------------short tons _ _i_________ 6;i, 55R '68, 123 77,934 Shipments ____________________ short tons . .l _________ i 63,6U3 2 66,542 80,425 Stocks, end ofmonth __________ short tons .. i ......... l: 70,060 2 67,465 64,500
ReT !sed.
98, 563 106, 439 106, 015 113, 022 69.71 71 77
101, 323 104,097 107,075 111,327 89, 440 92, 684 89, 984 90, 985
57 59
5 5
26,443 55
27,606 57,489
72,107 81
69,151 80,021
77,505 79, 574 66,020
53 61
5 5
26,386 55
27,441 58,658
78,360 90
76,479 77,047
78,271 81,315 68.192
58 60
6 5
26,408 55
27,728 59,723
78,074 88
78,777 75,146
74,728 74,062 70.755
52 65
5 6
29,364 59
28,395 62,725
78, 174 87
76,845 76,051 '
75,6551 75,895 I 69,174
44,8.19
1,486
117,609 78
113,140 92,464
70 67
30,793 64
31,501 61,758
78,377 88
76,888 78,107
78,509 83,882 68,734
45,352
1,809
117,374 79
118,782 87,395
76 68
7 6
32,451 67
33,100 62,459
79,261 91
80,371 76,582
80,983 81,268 71,545
44,011
I, 401
117,964 80
119,026 89,088
64 74
6 6
35,141 74
33,981 62,905
75,404 85
76,083 77,718
74,123 74,186 69,540
42,2.19 33, 627
211,142
39,486
I, 543
114, 306 85
117,849 90,353
76 76
8 6
32, 534 73
32, 339 61,340
72,281 88
71,920 78,404
70,054 69, 735 67,618
'38,838 2 35,615 217,889
3\l, 022
1,515
125,335 79
127,466 94,413
66 75
32, 83!5 66
34,707 61,148
71,R20 82
71,970 78,047
78,378 7? 122 65:594
40 SURVEY OF CURRENT BUSINESS J'vlarch, 1932
MONTHLY BUSINESS STATISTICS-Continued
Earlier data for rtems shown here mau ____ \1--- _______ _ 19:H •
1
1
1932 I be found in t'!e 1931 Annual Supple- :1 Decem- i Novem· ment to the Survev 1 January 1 her : Ler
- - I --- -- !---' --October sev,~~-m- August Ju::-G~fay --~~T March \ Febru- !January
-\ \ ___ rl -~! ___ ----July
PAPERAND PAPER PRODUCTS-Con. I I PaJ>er-Continued ,
Total paper (including newsprint and box I board): . , i ;1 • " __
Productwn.·----,-------------short tous-·;---------.1 oOu, .~9 '526,944 596,459 587,543 Per cent of capamty _____________ per cent_.; __ -------1 59 65 67 70 Shipments .. _ -----------------short tons .. !.--·--- __ !, 500, ·UO .' 527, 205 604, 007 589, 218 Stocks, end of month ••.••....• short tons_+_·------~: 405, 94~ :'408, ;)35 397, Oll 406,067
I l'aper Products '
Abrasive paper anJ cloth: Shipr•Jents-
Domestic. ____________________ reums__ 4d, 061 Foreign __ -------------------- _reams.- ti, 3G5
Paper-board shipping boxes: Operating tirne-
Corrugated ___________ p.ct. of normaL_ 67 Solid tiber. .••••.••••. p. ct. of normaL. G6 TotaL---------------P· ct. of normaL. 64 ·
35, 433 . 38, 272 6, 37(} : 5, 323
59 I 70 54 57 bS 67
53,348 6, 942
81 66 77
53, 373 6, 552 i
82 71 79
591,414 607,700 67 70
596,623 606,847 408,345 413, 011
54, 721 ;, 119
80 68 77
51.948 7, 832 I
78 68 76
621,411 71
615,877 415,681
' !
638,510 .1' 643, 05~ 72 74
6<9, 712 i 643, 146 416, 077 414, 051
629,233 583, 748 73 71
628, 343 5R5, 946 410, 558 40S, 407
54, 4~1 I G2, 26R 8, 705 : 8, 218
:
65, 452 i 64. 910 56.004 8, 261 '
I I
81 84 71 65 79 79
9, 525 9,528
81 67 78
78 :111 74
022,055 66
621,36.5 4CG, 587
5~. i52 9, 2\JO
63 54 61
Production-Corrugated. ------·---thous. of sq. ft -- :JH, 99! 8olid fiber ____________ thous. or sq. fL., s1. 377 TotaL ________________ thou&. of sq. ft -- -1-~6, 371
Rope paper sacks, shipmenls .. rel. to 1921-22 __
21;6, 897 , ;H6, 527 79. 5-13 ' 82, 788
366. HO ~ 429,315
438,296 H'\.9!0 449,285 402,031 416,282 417,407' 401,874 391,013! 382,30.1 101, 997 IOo, 710 106,800 95, 582 99, 754 100, 301 ' 102, fl09 93,875 ! 9i, 966 540, 293 ' .552, 550 556,085 497,613 516,036 517, 708 . 50!, 4<>3 484,938 ' 474,211
305, 274 77,021
3S3, 195 b4 49 i 64 ~ n ~ u « M oo u n
PRIN'fiNG
Blank forms, new orders .•..•.. tbono. of set, .. Book production: .
New hooks. __________________ no. of titles __ , New editions _________________ no. of titles_.,
Printing activitY-----------------rei. to 1923 __ ,_ Sales books: ·
New orders .•••.•••.•.... thous. of books_ Shipments .•.•.•.•.•••••. thous. of hooks __
RUBBER AND RUBBER PRODUCTS
541 121 i
n, 261 u~ 201
Production index (Fed. Res. ·1 Bd.), auto tires and tube• ..• rel. to 1923-25_.: ________ .. :
Production index (elect. energy , .: consuraed)--------·----------rcl. to 1923-25.-i 1C4. 0 'I
Stocks, end of rnonth __________ rel. to 1923-25 __ , 110.1 :!
Crude Rubber i
656 142 . 82.
8, 096 9, 313 '
68
79.2 ' '96. 2
48,309
724 ' 103 83
9, 974 n, 54f1
71
Consumption. quarterly: ' -i ' ,
57,819
1, 070 157 79
10,663 10,664
74,
82.8 96.4
47,351
735 147 83
10, 275 ll, 241
79'
S8. 0 94.3
45, 455 50, 357
770 568 194 ' 150
76 77
10, 511 ! 10, 321 10, 501 i 9, 997
I
90 !
~~~:~
112
97.4 112.8
48,322 :
5S6 ' 1171 84
55, 266 48, 877
708 : 640 178 220 96 97
10, 514 : I I, 587 10, 284 1 o. 382 1 w, 585 , 11, u79
126
121.0 121.0
123 ;
122.3 120.6 '
107
109.0 ll8.1
--------- --------- 199,135 i--- .. -----'---------
52,887 !
746 : 107 98 :
ll, 204 10,669 .
98
109.6 . 118.4 :
48,751 I
6iS ! 136 i 96 I
10,0.54 i
10,652 !
94 .
112. g 113.0
50,587
625 150 95
10, 735 10,434
'82, 180 , _________ ' ________ _ Jg;~\,;;;;:::::::::::::::::::::::1~~~ ig~;::.:::::::::':: ~g: ~~J 1::::::::: ::::::::::: ~7: ~~~
Imports (includinglatex) _________ .long tons __ , ~3 552 'i c-:1,818 I 4.s 103 41,398 38,933 ,··s9;ii33·,--4(ii(;z-Prices, wholesale, smoked sheets, : ' 1
, , ' , i
183, 894 :---··-----1---------46, U39 ! 3ii, 844 · 44, 908
I
3 08,593 , _________ : ________ _ 40, 788 j 3·1, 374 : 3!\ 598
New York ____________________ dolls. perlb -- .044 :! .046' .046 .050' .Oi>O .054 I .063 Stocks, domestic, end of quarter: ' 11 , . _ i
.063 I .064 I
i i
.064 • 077 • 076 i • OS2
t~~~~•:::::=== ::::::::::::::::1~~~ ~g~~-: _:: ::: :::i: ; ~i: ~gg ! :::::::: :::::::::' : ~~: ~~~ Manufacturers _________________ long tons ___________ .:'195, 297: -·---·-- -------·- '171,296 Total, dealers and manufacturers i [,
0.. i j ,
------------------------------long tons ___________ 1 .1>3,057 !---·----- --------··· 214,821 World shipments, plantation •.••... long tons .. ! _________ ,, 5U,332 1 71,313 i 71,5ll; 66,529 World stocks, end of month: '1 . :
AfloaL •• ----------------------longtons __ , __ . ______ :; ~0,761 j 95.285! 86,465 84,644 Europe .•. ------------·-·------long tons __ --------·'! 129,717 1 1:;2, 424 , 136,638 , 137,597 Producingcountries ____________ longtons __ : -:------!1 4g,.s~n I 42,41.5 41,054; 39,2.''>3 United States __________________ long tons __ , 112\1, Ri-6 ,
1 32G, Oti5 , 296,305 275,750 : 258.352
Worl<l totaL-------------------long tons_. Gl6, 548 :, 5»6, 072 1'566 429 539,907 519,816 Reclaimed rubber: i ' . :
Consnmption-------·----·-·---long tons.---· ·· o,113 i 5,843: 6,338. Production .. -------------------long tons __ --· 8, 2:05 7,340; 8,818 Stocks.------·--------------·-·'ong tons... 15,406 14,130 , 14,273
Scrap rubber: · l:lt"cks at redaimers, end of
quarter------- ___ .. --- .. -- .... long tons_
Tires and Tubes
Pneumatic casings: Production. _______ --------- .• thousands .. Shipments-
Domestic. ---·------------thousands ________ . __ Exports ___________________ thousanr!s . _________ .
Stocks, end ofmonth ••••••••. thousands _________ _ Solid and cushion tires:
Prodnction ___________________ thousands_. _________ , Shipments-Domestic _________________ thousan<ls_.: __
Exports .•. ------···-------thousands. __ _ Stocks, end of month •••..•••• thousands .. ; ________
1 Inner tubes: i : Production •.• ----------------thousands __ · ________ _ Shipments- i
Domestic. ----------------thousands __ ' _____ ---· Exports ___________________ thousands_.: _____ ·--·''
Stocks, end of month __________ thousands_J _________ '! Haw material consumed: I .I
Fabrics._ -------------------thous. of lbs _ i-- _______ ,, Crude rubber ---------------thous. of lbs __
MiscellanMUS Rubber Products
Calendered rubber clothing:
'59, 836 1-·-------,
2. ll.) :
2,171 5-!
6, 220 1
10
10' 1.
39 !
2, 078
2,172 41
6,:l3~
7, 981 2.5, 237
2,001
2, 223 ' 87
6, 335 '
9
10 1.
42
1, 955 : I
z, 022 I 54 '
6, 496 :
8,:361 2.), 922
2, 379 i
2,185 96 '
6, 640 ;
11
13 ' 1
43
2,462
2,187 63
6, 657
9, 263 ' 28, 372 :
0, 967 8, 955
13,781
3 60,406
2,538
3,034 111 .
6,527
10
12 1
46.
2, 759
3, 247 73
6,476
9,585 29,854
------------------ 152,6.'i8 1----·-----'·-------- 149,471 ; ________ _ ....•.••• --------- 143,711 : .••..•.•• • .•...••.. I 49,613 '-------·- -·--·----
~~~~~~~~~ ~~:~~~~~~ ::::~ ~~~~~~~~~~~:~~~~~~~~: ::~:::~ c~~:~~~~;::::::::: 65,392 66,600 62,090 I 68, 628 I 63,395 71,218 i 65, 719 i 65, 7U
84, 156 90, 768 86, 867 91:,379 ' 78, 159 ' 88,959 ; 86, 469 ; 82, GS7 140, 192 ; 139, 2G1 140,265 1 14:1,747 i 142, 520 137,452 ; 130, 247 I 127. 5.;il 42,779 43,364 43,700 I 41, 176 · 42,806 45,782 ' 43,958 1 43. J.o4
244,627 235, H6 225,346 I 219, 405 224, 2ll 215, 523 210, 611 ' 21J7, 0S5 511,754 ' 509, 139 496,238 ! 497,707 . 487,696 487,716 471,285 460,479
7, 778 ' 9,402
13,732
3,125
3, 845 123
7, 117
12
15 1
51
3. 548
4,158 82
7, 019 ~
11, 745 36, 232
8, 929 10,596 14, 176
10,175 13,082 I 14,804 :
10,220 9,161 12,535 : 12,338 14,431 14,685
9, 769 12,032 14,700
8,424 i 10,110 !
15,102 :
8,.%2 9, i28
16,373
I 59,103 i-----·-·<-·····--- 3 57,198 , ...•••... ----·----
3, 941 4, 538
4, 244 4, 320 125 137
7, U36 8, 358
13 12
15 14 1 . 1
55 57
3, 964 4, 286
4, 569 4, 228 96 89
7, 672 8, 403
15, 140 ! 17.085 46, 697 · 51, 2SO
4, .543 I
4,197 ! 135 I
8,250 :
11
14 1
61
4,330
4,.135 89
8,.439
18,010 53,418
3, 955 '
3,894 142
8,025
12
14 1
64
3, 693
3, 610 99
8,330
15,244 45,016
3, 730
3,143 155
8,012
11
15 1
69
3, 560
2,922 109
8,380
14,041 41, 851
3,188
2,580 142
7,629
ll
12 1
73
3,133
2,619 101
7,937
12,002 36, 651
2, 855 140
7,166
13
12 1
75
2, S98
3, 147 102
7, 552
12, 738 36,319
Net orders ________ no. coats and sundries __ , _________ :, 13, (i54 Production ________ no. coats and sundries .. _________ :: 10,221
14,341! 20,925 23,966 21,580 1 17,932 21,161 19,3sol 16,846 19,380 18,094 I 16,803 . 19,220
16,361 18,276
21,884 13,009 ~w ~m ~m ~B:~rn ~ill
'Revised. a Quarter ended in month lndi<,ated.
March, 1932 SURVEY OF CURRENT BUSINESS 41
MONTHLY BUSINESS STATISTICS-Continued
I 1932 1931 Earlier data for items shown here mau
be found in the 1931 Annual Supplement to the Surveu ~~anue;y- Decem- Novem- October I Septem-! August I July
, · ber ber I ber 1 1 ------------:--- ------· --- ---~-----:---· :---- ! June ! May I April March ,--- ~--- --- ---- I
, Febru- I
---~~---~ January I '
RUIIIIER-Contlnued I 1 , I I I Miscellaneous Rubber Products-Con. 1
1
, 1
Mechanieal rubber goods, shipments: I Belting .................... thous. of dolls .. ---------~---------1 483 601
~~~~the~==================~g~~~: ~~ ~~ll~== ::::::::: :::::::::' ~3~ 1, m TotaL. -------------------thous. ot dolls .... ___ .... ' _____ ____ 2, 300 2, 678
Rubber bands, shipments ....... thou•. oflhs .. _________ ! 231 197 225 Rubber Uooring, shipments ... thous. of sq. ft--1---·------! 587 4o2 550 Rubber and canvas foot'.Vear:
1 1
'I'ennis- : !· l'roduction ........... thous. of pairs __ , _________ ! Shipments, domestic __ thous. of pa~rs--1---------: "Exports _______________ thous. or pairs __ :---------' Sto<'ks ___ ------------- thonq. of pairs __ ' ________ _
\Vaterproof, total- : ' PrtH1uetiOn ___ ------··- tlwus. of pairs __ j ________ _ Shipments, (lornestic .. tltous. of pairs __ ! _____ _
t:t~I:.~:~~====~========= u~~~~: ~~ g~:~~~==:===~~= ~= = Grand tntctl- i
l'rodu('tion __ --------- t1wus. of pairs .. : ________ _ Shipn:ents, J.nmestio __ thons. of J!drs __ , ________ _
~~~:.((st~::::::::::::==~~.~~;~~~: ~f ~~~1~~::!::=:::: ::
I, 443 446 29
7, 044
2, 773 ;:{,ISO
59 1;3, 823
4, 217 a, ua2
0~ 20, 3&7
1, 231 589
44 6,076
3,131 4, :J18
![J3 13, 804
4, 303 4, 907
1117 J9, 8~0 i
788 1, 041 1,186 3,015
201 595
1,012 1,263
72 5, 473
2, 922 ' 4, 1S5 i
186 ! 15,141 i a. 934 1
5, 448 I
258 . ?-0,6i5 i
802 1,161 1, 393 3, 356
195 595
1, 021 1, 223
29 5, 704
2, 361 2, 842
!51 16, 3G6
3, 3S2 4, 065
I>'-O :.?~. 070
;
914 1 1,436 ' 1, 3.16 1 3, 706 I
246 I
577
83G : 1, 520 '
12;j I 5, 957
1, 570 1. 510
Jl7 ' 16,978 i
2,407 . :\D:.:o,
242 22, 93f,
798 1,650 1, 431 3,879
209 576
1, 999 2, 657
100 6, 766
1, 922 1, 22U
108 17, 024
3, 921 3, 8Dfi I
208 23, 78~)
I<.uhher het-!..;: I f'rodnction _______________ thons.ofpairs ___________ 14,13;j ll,4!J;> 14,567 15,~27: 16.293
1
l.\3Cl Ship~n_t>nts-:- . j
17,093
Lxpon.--_______________ thous. of pa1rs .. 1------- __ lh·p·tir tradq __________ thou;:;. of Jiairs __ !_ _______ _
~~:~~~-lll.lflllfat'tnrers •• _thou~. of p~dr~--]- _______ _ St,oc,~. L!h! uf rnonth ______ tf,on:-;. of p,urs __ ; ________ _
Ruhher-pruoft\d hhrich, production: !
~:~i\~t·~~! tt~;·~r·i~:~============ if~~~~~: g} ~;~{~:: i: =: ~ ____ _ .'\ll other _____ ------··-------thou.s. of yds .. :---------'rot::I ____ . ________ ----------thou~. of yds __ , _____ _
Rubber soles: 1
J~rod!let :on __ .----·-------- tho us. of pairs __ : ________ _ Shipment:-- '
t<:xp{,rfs. ____ ----------thous. of pairs __ ! ________ _
Et~p.-dr tradf~----------thous. of p:tirs __ ; ________ _ Slwe m:muf;u·turr.rs ___ thous. of pairs __ !_
Stocks. end of mont b. ----thou~. of pairs __ ~
STONE, CI- \ Y, ANll (H,ASS ! New ordPrs ____________________ roJ t.o 1923-25 __ i Production index (elect. energy 1
ronsumed) ___________________ re1. tt~, 11~.-~33=2255_._-,' 1=,·; .. ~
Atocks, end of rnouth __________ re! " -:t _
Unfilled onJer,, end of mouth __ re!. to 1Y23-25 .. I .... ____ _ I
Brick
Face hriek (a·;era~e per plant): , Prodn<'tivn ________ -------- ___ thousands __ · Sh i pnwnts __ .. ____________ - ____ thousands __ ! St.oc·ks, er1d of month• ________ thousands __ ! Unfilled ~)rders, end of Jnonth_t.housands __ l
Band-hmc• lmek: ,
1fl7 149
3, 561 452
ProOncl ion ___________________ thousands. __ i 2, 188 Shipments by ndl ____________ thousands __ 1 4-1.9 Shipments hy truck __________ thnusands __ i Stoeks, f'.nd of month _________ thousands __ , Unfilled orders. et!d of month.thousands __ j
(;lass Containers i Net orders~ ___________________ thous. of gross __ l Shipments ____________________ thous of g:ross __ j'
Stoeks. enfl of month .......... thuus. of gross .. Production: 1
2, 561 I
9,067 8, oOO
2, 929 1, 743 " 5, (J97 I,
'l'oLaL ......... -:---------thous, of gross .. j 1, oCG Per cent of capamty ....................... : 52, 1
Unfilled orders, end of month.thous. of gross .. \ G, 454 ,, Illuminating Glassware 1 i
New orders ................ p. ct. of capacity.J ........ : Produetion: i . 1'otaL _______________________ no. of turns __ I _________ :
Per cent of capacity _______________________ ; _________ : Sbipments ................ p, ct. of cnpacity __ : _________ ! Stocks, end of month ... no. of weeks' supply.+--------1' Unfilled orders, end of , ;
month ............... no. of weeks' supplY--!---------1 Plate Glass I i
4. fi2:.: r. l'dS
::t, 405
3SO \J31 7()3
2, 074
3, ()39
25 207
3. 1£!6 2,018
3f.. 3
2 76.8 2 1GG. 2
16.3
292 222
3, [114 383
3,118 3117
3. u:lo ~. 677 t:, 74.5
1,659 ], 396 5,855
1, .508 47.2
6,387
20.8
1, 774 23,7 20.7
3. 8
. 7
Pl~te glass, polished, produc- I l' tion. _ ----------------------thous. of sq. ft..' ---------'1 6, 093
Plumbing I<'lxtures I, "
Porcelain: 1
Net new orders ......... numbcr of pieces .. ! 2, 000 1: 2, 025
Shipments ............. number of pieces . .I 2, G51 i! 2. 094 Stocks, end or month ... number of pieces __ II 16,715 1! 17,992 Unfilled orders, end of 1
month ............... number of pieces.. 3, 79tl !1 4, 832 Wholesale price, 6 pieces .......... dollars.. 88. 32 :1 93. 52
Vitreous china plumbing fixtures: . , 11
Ne,w order•------------------------P!eces .. l 76,119 il 96,004 Shipments. _______________________ pteces .. l 112,229 , 102, 150 Stocks, end of month .............. pieces .. i 524,131 jl 522,721 Unfilled orders, end of month ..... pieces .. , 156, 753 :i 192,863
591 4, ;;:l7 H. t_;lQ
25, 2J:l
~>!)4
1, 21·7 sns
2, 529
2, 810
2[i 30S
2, 5/~i 2, ISO
42.0
ll:l. 8 2 153,6
2 18.2
32.1 318
3, 521 457
2 4, 239 1 CJ4d
2 4. 604 2 10, .12t)
10,485
1, 814 1, 5:37 5,872
1,692 55. 1
6, 745
1, 377 250
24.0 3. 6
.7
2 3, 694
2, 918 2, 544
19,597
6,072 94.15
617 5. ~1~4 ;; 484
24, G,52
445 2. 47G I
1. 191 4,112
2,610
4.~ 370 :
2, 27:1 : 2,153 ;
44.0 '
113.4 '148, 2
lJ9. 8
I 422 ; 479 '
3, 516 : 534
6, b21 ~ U77 '
4, 657 12,347 11, 437
1, 77Y 1, 941 5, 709
2,1~'8 64.2
6, 713
2D. 6
2, 276 30.4 30.1 3. 7
.8
'4, 812
3,142 3, 683
21,957
5, 887 96.12
,o01 ' 6,S"l\H! ~. i:!-l I
23, ~152 !
528 2, [.('{~ !,J/() 4,682
90 ' ::uo
2, 61;4 : 2,264 '
60.0
113. g 150 9 '18. 7
434 454 I
3, 577 587
6, 943 872
4, 922 10,866 11, 5:J2
1,820 2,310 6, 531)
1, 948 62.0
6,860
26.3
1,679 22.4 26.0
.9
.2
24,709
4, 740 4,533
23,450
7,104 96.32
135, 931 182, 938 116, 794 125,891 155,404 127,954 501, 972 506, 901 529,531 199, 009 188, 969 161, 435
591) i 2, 2~6
f!r:\5 I 3, 787 1
1
2,\133
67 1
234 ' 2. :~o , 2, 3>1,) :
46.7
105,9 l 143. !l ' 225.3 '
42,1 ' 477
3 602 , 639 i
5, 989 805
5. 506 10.698 10,838
1,859 : z. 213 1
5. ~30 i 2, 239 ' 68.6
7,591
24.8
1, 6fJ1 21.4 21.6
.9
.2
2 6, 311
4, 571 5, 761
25,236
7,697 'd1. 77
b4l)
4, 058 : 11, 177 27,006
531 1, 843
tlc:s 3, 337
67 ' 190 '
2. [)(,~ 2. 475
49.0
104.3 i !54. 5 25,0
540 521
3,660 669
5, 518 529
5. 424 10,199 10, 710 '
2,102 ' 2,180 ' 6, 8bi ~
I 2, 2DS I 69.5 I
8, 2D8 .
24.3
1,492 1
19.9 24.0 3.9
.8
7, 216
5, 796 5, 577 '
24,641 l 10,476 ! 98.91
630 4, 946
10! 522 2;, 898
701 1, 36.~ 1, J56 3, 212
3,177
59 225
2, b~9 2, 461
60.0 '
118.7 164.2 26.5
540 574
3,6.12 733
6, {)fi4 494
5, 7.'58 8, 975 9, 960
2, 465 2, 491 6, 086
2, 565 ' 75.9
8,625
29.3
2,161 28.8 28.2 4.1
.9
7, 554 I
6, 213 I 5, 237
21. 85o 1
10.804 98.96
122,977 121, 324 136, 285 139, 005 135, 292 134, 549 533,305 554, 939 574,304 172, 595 188, 623 202, 591
• Adjusted to account for degrading and year-end physical inventories.
, I
700 I
~:~~~ I 4,231 215 569
I i
2,142 I 3,316 I
121 I 7,5231
1,261 i 62t1 :
.50 I 16,357 i
I
3, 402 I 3 G l') I
'1"71 2:1,881
15,474
612 3, 97.) v, 6il3 .
28,4~1
982 1,01)11 1,002 3,050
2, 8-S[l :
62 ! 330 ;
2, n51 2,655 I
52.3
132,0 174.9 27.3
549 : 5CH
3, 684 7Si
5, 084 1, 595 4, 375
10,724 6, 513
2.119 2, 545 6, 003
2, 481 73.4
9,127
27.3
2.037 27.2 26.8 4. 1
.8
9, 466
4,824 4, 665
28,394
11,387 99. 16
832 2,129 1,656 4,617
259 569
2,591 4, 049
150 8, 833
l, J02 1,070
72 15, 73:J I
I
3,G93 I
[J,ll\J 222
24, [J{Jt)
15, -1()8
57g 4,0:1g
10, ll2 27, 7G4
710 l,O~U 1,271 3,U::l
2,G92
69 2fJ5
2, {74 2, 764
48.7
115,5 175.5 23.7
533 579
3,f~us 781
3. 909 1, 69S 3, 330
11,119 5, 232
1,952 2 291 6:078
2,404 71.4
9, 785
28.6
2~ 086 27.8 28.8 4.1
.8
10, 174
6,808 4,093
28.248
32,541 98.84
1.~~~ I 1,631 4,412 I
231 ' 496 i
2,6091 3,107
236 10,328 i
I 874 i 9-141.
53 15, soa I 3,483 1
4, 0:>0 1
288 ' 26,130 i
14,661 1
577 4 Stiii w: ij>!l
ZG, i08
738 8()3
1, lGS 2, 7ti9
2,2\12
14 403
2,145 2, 87G
55. 3
105.1 179.4
2.1. 5
3~5 5\'2
3, 734 685
4, R69 1, 41i6 3, 743
12, 566 7, 070
2, 250 2,479 5, fJ74
2,166 64.4
10,340
32.4
2,108 ! 28,1 : 28.7: 4.1 ;
.8
10,593
6,163 4,178
30, 259
31,497 97.86
119. 922 93, 108 64, 260 128,574 117, 105 133,802 593, 268 597,476 583,099 200, 855 209, 507 233, 504
'Revised.
722 1, 611 1,378 3, 711
222 366
2,492 2, G88
200 11,047
95S 1,015
n 16,030
3,4.'i0 3, 70-t
292 27,077
13,156 '
65o, 4, 8C4 ' 8, 39'i
20,335
GH'
~~~ :
2,184 i
2,n1
36 290
2 259 ' a: 167 :
48.0 :
102.6 ' 173.4 24.2
338 3G9 I
3, 83ti 708
4, 140 1, 493 3, 306
12, 545 6, 720
2,342 l, 972 6, 307
1, 777 57.2
10,913
27.0
1,818 24.2 25.9 4. 2
.7
8,882
5,570 3, 699
30,004
30,626 96.49
150,451 184,663 552,403 303,046
759 1, 440 1, 400 3, 599
211 365
2, 409 2,3"/7
110 ll,H7
1, 272 1,54H
74 16,17!}
3, Ci;l 3 U2G • 1o4
27, G27
12, ~~73
7-18 3. ~J30 ~' 471
30, 3G2
577 7:3R ;:!}1
2, 2\16
11 2~7
2, DUO 3, G32
53.3
70.3 105.0 2s. 0
310 :l03
3, ~.56 778
0 ... lx "• 010 3, 3()7
ll, iiU4 5, 245
'2, 572 '1, 988 2 6, 351
2 l, 703 '52, 4
' 10, 592
30.7
2,183 2!}, 1 28,7 1.1
.2
7, 321
4, 559 4, 597
29,347
29,863 99.26
250, 183 172,334 594,886 337, 158
42 SURVEY OF CURRENT BUSINESS :\larch, 1932
MONTHLY BUSINESS STATISTICS-Continued
I 1932 I 1931 Earlier data for items shown here mau
be found in the 1931 Annual Supplement to the Survev
----- ·---1----- --------·------------- --
' Decem- ' Novern-1 October ! Septem I August 1
July her , ber 1 ber
--- --------~------1-------- ------STONJ<;, <;LAY, AND GLASS-Continued '
Portland Cement
Per ceat of capacity---------------------------! Prices, wholesale, composite ••. dolls. per bbL. 1
Production ____________________ thous. of bbls __ , Bbipments-----------------------thous. of bbls .• ! Stocks, end o! month ___________ thous. of bbJs __ , Stocks, clinker, end of month •. tbous. of bbls . .l
Terra eotta l
1 : .
' I
I ! I I 1 l
1~~2? i /~~6 1~~i~ j' ~~~1t 15~3~ I 4, UR9 i 2 5, 97·1 8, 161 10. 762 12, OIJ2 I 3, 3H3 i 4. 141 7,156 I 12. 31l0 13,671 I
25, 5G8 I '23, \142 '22, 219 I 21,218 22.7361 8, H2 ! 7, 081 G, 215 , 6, 021 6, 918
~~ I !
00.2 1. 331
13.549 15.172 24. :n3 8,168
62.0 1. 331
13.899 15,545 25,934 10,209
T tt d jrl , 'r errs co a, new or ers: 1 ,
QuantitY------------------------net tons •. ! 1,085 II 2,252 1,269 i 1,997' 4, 2()0 r 3,955 1 5,117 Value.-----···------------thous. of dolls .• : 104 q ~2:3 115 J 194 3SG I 361 ' 480
Tile " I
Floo~r~~~;,~~~~:~: ___________ thous. of sq. Ct .. __ ____ j ------- ___ --------- .1__ _________ 1 Shipments- ir
Quantity _______________ tbous. of sq. ft.. I. ____________ ''--------- ___________ ,---------Stocks, end of month ••... thous. o! sq. ft .. : .. ________ 'I __________ . -----------~---------
TEX'flLES
New orders _____________________ rel. to 1923--25 __ : __ _ Prices, wholesale _________________ .rel. to 1926 .. : Production index (Fed. Res. :
Bd.) ____________________________ rel. to 1923-25 .• : Production Index (elect. energy !
cousurued) _____________________ rel. to 1923-25 .. [
0£l. 9 ;i 8D :!
,: S7. S !;i
Stocks. manufactured goods, , end of month ___________________ rAl. to 1923--25 .. 1 95.0 ii
S4.8 'G0.8
8(1. s ' 97.3
Stocks, raw materials, end of ; I month _________________________ rel. to 1923--25 .. , 278.6 ,' 2s3·~_-_n0 •
Unfilled orders. end of month .. rel. to 1923-25--'------------'~ : ii
nurlaps and _Fibers l :!
1 I I
07. 5 ~ 102. 4 i 'G2.2j 'ti3.0 1
89! I
93.4 I I
!)0. 5 ! I
28t~. 6 I
:: 3J. 1 i I
93 ;
98.2
86.8 '
250.2 i 34. 1 '
i I
a, 5go 1
a. 587 I 15,261 :
I
99. u I 'M. 5 1
!DO I 98.7 :
86.5 I
1ag 8 I :l5. ~
r mports: . , I . I. ?J 1.,
1 llurlaps _______________________ thous. of lb'--: 3.3, 391 i' - . -u 32. 428 1
Fibcrs __________________________ Jong tons ___ l 22, SOO 1 19,011 : 13,774 , 35, 432 ' 37, 504 17, 320 I 17, 118
4,145 ;
3, 542 I
15, 158 I
89.5 : 'G5. 5
JI)Q
95.0'
9U. 3
133.2 39.0
4. 346 i 4, 30~
14,556 '
86.7 2 G6. 5 '
102 '
98.2 ~
88.9 :
133.5 ' 40.5
45.618 I 35,604 18, 277 21, 993
Clothing
1
. i ! Hosiery: I' I
N"ewo~der~-~--------thous.ofcioz. pa~rs._ 4.417 1: 24,155 4,902 i 5.058 · 4,716 i 24,27!1, Net shipmenLs ________ thous. of doz. pa1rs ••
1 3, 9RI !
1 4, 3[14 , q, 789 1 5, ll5 1 4. 9ll ; 4, 540 '
4, 279 3, 777 4,069 ProdU(·tion _____________ thous.o!dot .. pairs •. 4,558
1
1:
1
4,118: 4,020; 4,7431
4,521 i 24,187' Stocks, end of month I j I
----------------------tbous.ofdoz.pairs .. U,fJ9U ll 9,114 i 9,107 i 9,408; 9,730' 9,869 · 10,171 U nfill~<l orders, end of 1
June
65.4 1. 364
14. 118 16,077 27,502 11,837
7, 547 719
4,120
4, 316 14,518
fJO. 9 '66.6
97
100.5
90.8
148.9 39.0
42,942 18,622
4, 654 4, 561 4, 572
9,990
May
62.8 1. 399
14, 010 14,200 29, 554 13,087
4,180 412
4,090 '
3, 998 14,715
96.6 -2 67.4
98 ;
103.7
90.7
lG!. 2 42.0'
52.1 1. 422
11,245 11,184 29,715 13,854
2, 598 ; 291 !
3, 861 ;
3, 744 ' 14,623
96.8 '68. 2
98
100.0 I
93.4 :
176.8 : 4Q. 1 I
37, 732 I 30, 481 14, 102 : 21, 719
5, 029 ' 4, 772 i 4, 719 i 9, 864 !
3, 225
4, 808 4, 925 4,627
9, 914
3, 042 month ________________ thous.ofdoz.pairs--- 2,•'451'·,_' 2,263 i 2,641 I 2,637 '2,815: 3,139, 3,511 '3,201 Kna nnderwPar: I 1
Net shipments ___ thous. of doz. garments__ 8(,,5 i, 885 ' 1, 07G 1
1, 315 : • I, ·108 : 1, 1% ' 1. 00~ 1, O.oO 966 ' !l95 Neworders ______ thous.ofdoz.garments ___ 1,03(! I' 915 i l,J,87~ 1
_, 1,3141 2991: 967; '1,078 1,169 1,107' 1,005
36.9 1. 477 8, 245 7,192
29.676 13,318
3,138 315
3, 535
2, 923 14,506
101.0 '70. 0
97
97.3 ;
94. 1
196. a 46.5 -
34,945 19,574
'4, \120 4 %2 4:486
10, 120
3, 260
1, 079 1, ~R9 1.120 Prodnrtion _______ thous. of doz .. garments ___ ! 8''5l 954 · ""
1 !,OM: '1,0!5 r
1· 1,017! 1,015 1,088 1,053 1,131 ,
1.
Unfilled orders, end 1 I -of month ________ thous. of doz. garments ___ I I, ~o2ll1 I, 273 i,r I, 26-: ! 1, 181 ' 1, 203 j 1, 631 ' 1, 869 1. 805 1, 698 I 1, 574 ! 1, 523
Men's and boys' garments rut: , 1 1 1 Overcoats ______________ thous.ofgarments __
1
_________ wg i 284l 521 6391 573 464 299 132' 191 1 303 Separatetrousers ______ thous.ofgarments ____________
1
i 1,1761 1,121 1,764 2,3631 2,4361 2,187 2,336 2,1571 2,017 1,84/i Suits _________________ thous. of garments. --------------- I, 185 I 9231 1,313 1,662 I 1,9261' 1,849 1, 702 1, 749 r 1,S78j 2,370
o ll· • 1 ' •
ve~~~~\~~~~1r~ :::::~ :: :::~ :::::::~~~~ ::::::::!, ::::::::::::::::::: i:: :~:::::. ~~:::::: :!: :~::::::i ::::::::: ::::=::::I:::::::::!::::::::: 1::::::::: I I I I . ' '
29.4 : 1. 543 5. 920 5,074 I
28,612 1
11,946 :
3, 226 33.5 '
2.656
3, 656 13, 895
91 -1 2 'i0.9
93
99.3
92.4
212.2 4!.8
42,176 21.326
4, 534 4, 360 4,199
10,579
3, 420
877 972 ~(Y) ~
1, 3~3
251 1, 708 2,028
234 223
41
Cotton 1 j: I j 1 • 1
Consumptionbytextllemllls ____________ bules __ : 435,337\1
41.),517[428,870 462,0251463,70411425,819 450,884 453,901141)5,363 I 508,69111
490,509! 433,376 i Consumption by textile mills .. rel. to 1923-25.. 84.8 li 81.0 1 83.6 90. 0 I 90.4 83.0 87.9 88.4 1 90. 7
1_- 99. I 95. 6 II 84.4
Export.~, unmanufactured: .: . 1 I Exclusive o! linters _______ tbous. of bales___ 91D 1\ 1.181 l 1,071 1,014 558 _ 211 259 255 336: 392 i 605 i 433 TotaL ______________________ thons. of dolls __ ---------1' 4i, 304 I 43,619 .
1 39.8381 23. 4.\i 1 il, sgB 13,525 13, 51i : 18, 9~8 I 22,9481, 35.%1 II 25,402
Glnnlngs _______________________ thous. of bales.. 15,992 :' 15,358 I 15,023 12,130 5. 408 ' 565 7 -------------~~--- -------'---------- 13 7.16 -----------Imports, unmanufactured _______________ bales.. 12,718 jl 12,705 1 5, 986 I 2, 636 5, 426 I 7, 236 9, 305 14,134 l5, 189 r 17,258 10, 266j 11, 165 Machinery, act!Yity of spindles: I' I ".
4, 861
i , I I Activity spindles ______________ thousands __ l 25,014
1
24,638 1 2.5, 188 ~- 25,237 25,623 25,826 25,898 1 :!6, 379 26,669 26,504 I 25,798 Activity per spindle _______________ bours__ 1112 i 184 I 186 203 , 201
1
190 200 202
1
1 204 216 211 I 184 Total activity _______________ mill. of hours.. 6, 214
1
•1
.5, 951 1 6, 014 ' 6, 595 I 6, 540 6, 193 6, 528 6, 630 6, 733 7, 125 I 7, 000 6, 122 . Per cent of capacity _____________ per cent .. l 84. 5 79 3 85.8 85. 1 ~- 88.1
1 8L 8 86.0 86.8 89.6 94.1
1
9L 0 87.3 Prtces: 1 i 1 j1
To producer ___________________ dolls. per lb.. .0:\~ il .05?
1
.061 ,053 1 .059 .063 .085 .077 .088 .093 1
.096 .091
Pro<~~c~~:. ~~~~ili~~t~~~~~--tligg~~sor~~l~:: ----~:~~-~~----~~~--~ • 16: ~~ ----~~~~--l----~~~-1----~~::_ -----~~~~- ----~~~~J_ --~~~- ----· ~~:-1----~~~=- --------~~~--Receirtsintosight ____________ tbous.ofbales __ l 1,5461' 1,8191 3,035 4,082 1,623! 333 277 103 r 341 358 1 447 513 Stocks, domestic, end of month: I , 1 .. 1 ~ I I
Mills ______________________ thous. ofbales ..
1
1,'63? ii 1,6,ll! 1,441, 1,116 .761 840 996 1,131, 1,2.58 1,371 1,478 1,550 Warehouscs _________________ thous. of bales ___ 10,032 ·
1
• 10,426 1 10,696: 9,450 6,297
1
4,426 4,524 4,9711 5,490! 6,033 6,658 7,314 Total, mills and warehouses j I· I ' I I'
-------------------------------thous. of bales .. 11,669 i· 12,01i61 12,137, 10,566 7,072. 5,266 5,520 6,1021 6,748 7,404 8,136 8,864 1'otal, mills and warehouses 'I , [; ,, . I i
-------------------------------rei. to1923--25.. 310.3 _ ·320.61 322.8 281.0 188.11
140.1 146.8 162.31 179.5 · 196.9. 216.41 235.8 Stocks, world visible, end of month: o, ,.
12 i, I I
American __________________ thous.ofbales __ o .. 8,403 8.3461 7,299 5.275 4,498 4,775 5.236, 5,861 6,30216,82617,381 Tota'----------------------thous. of bales .. ! 10,3\lS :1 10,l!l3 10,191 · 9,184 7,113 I 6,435 6,899 7,5721 8,346' 8,883 9,332 9,958
Cotton Finishing [ [! i II
11 1 II
Printed on I~ (mills and ontside): I I' _ _ ' .. , 153 1
l ~-ProductiOn ___________________ thous. or yds .. l 70,341 ; oo, 791 I 59, 501 63, 014 70, 138!
1 65,983 uo 57,412 117, 704 86,612 87,318 76,847
Stocks, end of month ______ .tbous. of yds.. 66,464 r 7ti, 981 l 81,606 78, 027 76,245 71, 615 74,662 1 77,335 1 74,436 72,973 65,146 64,546
• Revised. • As of Dec. 1.
2W.5 1. 5R6 6, 505 4, 692
27, 7.o9 10, 384
2,856
2, 541 14.895
86.7 '71.3
86
86.4
100.0
2~.9 38. fi
3.1, 062 Ht, 162
4, 297 3) 898 4, 1:14
10,704
3, 35.5
94~ 912 807
1, 243
160 I, 580 1, 714
22~ 218
36
403, 117 87.7
533 31,198 13,593 11,2119
2.1, 628 191
G. :J65 bO. 7
.086
.102
729
1, 618 7, 939
9, 557
254.2
7, 576 9,897
68,380 65,704
March, 1932 SUH.VEY OF CURRENT BUSINESS 43
MONTHLY BUSINESS STATISTICS-Continued
. '1 1932 'I Earlier data for items shown here mau ---- ~ I~-- -~ -- - -
be found in the 1931 Annual Supple· I I Decem- I No.,ern-' 'Septem i
~"' ·:~:~:.:::~CooUoood f""""' i "" I· "" ' Octo>• ""'-1 Ao•~• Cotton Finishing-Continued ,i
White, dyed, and printed (outside mills): 'I' Billings, fimsbed goods .•••. tbous. of yds.. 44,407 ,
1 New orders, gray yardage •• tbous. of yds.. 51,54297
jl Per cent of capacity ------··------JXlr cent.. I
48,029 40,028
41 27,290 Shipment•, finished goods __________ cases .. l 27,495 [
1 StO!'ks, finished goods, end of 1 month. ------------·-------------ca.•es ..
1 18,837 il 20,175
Unfl!lcd orders, end or month _______ days .. 1
2. 2 'I 1. 6 Abrasive eloth. (See paper products.)
1 11
Cotton Goods ! 11 1
40, 516 ' 48, 237 38, 304 ' 44, 515
43 48 22,828 ' 26,811
18, 887 ' 18, 321 1. 6 1. 5
Cotton cloth: ! •I I lmports ________________ thous. of sq. yds •. [ 2, 513 II 4, 026 2, 551 1, 958 Exports ________________ thous.ofsq.yds .. ; 28,007
11 30,759 27,210, 29,897
Cotton textiles:• I :, New or<lers ________________ thous.ofyds .. l 338,010 ti 204,916 224,207 I'rodu<"tion ................. tbous. of y<ls .. ] 232,707 i, 254,692 231,446 Shipments .. ---------------thous. or yds .. l 26~, 899 :1 2a7, 8~4 213,889 Stork•, en<l of rnonth ••••••. thous. of yds • .i 254,056 'I 2UO, 248 273,390
333,679 227,116 2!6, 207 255, ~33
49.252 I 45,782 1
49 ; 27,207 :
1
44,982 44.372
48 24,483
17, 467 1 18,095 1. 6 1. 7
2, 185 i 1, 692 25, 599 ' 30. 309
2R7, 708 ' 167, 55fi 272. 118 209, 050 278, 049 227, 644 244, 924 250, 855
Unfille,d orders, end ol : , _ [I • 4
, rnon.h_ .. _________________ thous.ofyds ... 3~l,lo0 ,. 322,039 35 ,9.7 3H,639 227,167 217,508
Els.•tic wetJbing, shipments ... thous. of dolls .. [ 807 ;.I' 654 1 715 969 1, 031 Q69 F'»brir for tire manufacture, 1 ' I
consumption_ .. - _____________ thous. of lbs--1---------1
7, 981 8, 361 9, 263 9, 585 11,745 Pt·wes: i ! 1
Print eloth 64 x 60 .......... dolls. per yd .. [ .036 I ,034 .036 I Sbt>~tin~, brown ____________ dolls. per yd .. · .042 i .014 .047
1 Cotton goods (Fairchild) .. rel. to 1911-13--1 85 :1 85 87 1
• o:>R • O.J6
91
.041
.050 95
.043
.052 100
Cotton Yarn I' ' I Carde;j sales varn: ,. I
Production. ________________ tbous. oflbs .. 11,518 d \l,349 11,574 14,703 10,858 10,295
tt~~h~:d"~~~:s:O~~J~rffi~;;i~hous. orlhs .. 1
11,350 ;; 10,861 9,8321 9,461 9,382 10,023
Prlces:--------------------------tbous. of lbs .. l 31,791 '·II 31,506 32,519 I 32,943 ! 29,819 31,351
22/l cones, Boston ___________ dolls. per lb.. .175 ' ,181 I .192 I .1R9 1 • 201 • 212 40/ls southern spinning ...... dolls. per lb .. I . 290 I] . 295 , • 312 ,
1
· . 315 , • 326 • 336
Floor Covering , II , I Felt. t>nSP: I II i I
~(~~~~~~1;~~~: :::::::::::: ~~~~~: ~j ~~: ~~~::):=:::::::);::::::::: :::::::::j::::::::: I L!n~l~:~~~ents ... ----------- thous. of sq. yds. r-------::--------- ---------~--------- i
~;.:;;,~~~~~'::::::::::::J~~~~: ~i ~~: ~~~::1::::::::{:::::::: ::::::::: :::::::::1 Shipme,nts ______________ thons. of sq. yds.-\---------!1--------- --------- ---------[
6. 432 6, 463 7, 944
1, 725 1, 792 1, 627
F ur i !I 1' I jl
Sales by dealers _______________ thous. of dolls.-j---------!1 1, 644 2, 651 3, 760 1 6, 609
Pyroxylin-Coated Textiles i !I Pyroxylinspread _______________ thous.oflbs .. J---------1 2,083 1,759 2,333\ 2,822 b~bNe~ln~~~~:;e~ii(i(if ___ thous. or linear yds.r-------ii 1, 902 1, 709 2,184 t 2,419
month _________________ thous. of linear yds..~---------j 1, 789 1, 986 2,180 j 2,401
Rayon i I i lmports _________________________ thous. of lbs __ [ 21 i 91 71 I 1071.
New York ... -----~~~-------dolls. per lb __ , . 75 .. i . 75 • 75 . 75 • 75
239
5, 626 8, 228 5, 621
1, 619 1, 605 1, 492
5,465
2, 667 2,411
2, 751
299
• 75 Prict", 159 denier,
4'A" grade, i il'
I Deliveries (consumption) __ ------------bales.. i 58, 793 il 48,432 50, 645 56,668 ! 63,819 46. 454 ~~~~~~~··raW---------------- .... thous. of lbs ••
1 7, 020 1
1 8, 8tH• 9, 639 9, 524 ! 7 331 7,167
J N ' I, I Raw, apaneso 13-15, ew : 'I I
York ______________________ <Jolls. per lb .. ! 1, 953 '! 1. 970 2. 315 2. 2661 2. 315 Silk goods, composite ....... dolls. per yd .. '---------~1 .96 .98 .98 .98
.Stlk machinery activity: ! ! I Rroad looms _____________ p, ct. of normaL! 88.9 I 89.4 83.9 93.0 90.5 Narrow loorns ........... p. ct. ornormaL.i 41.0 :1 41.8 42.4 38.0 48.3
2.512 .98
79.4 38.2 48.7 Spinning spindles ........ p. ct. of normaL. i 50.0
11 51. 7 56. 4 56.4 i 53.4
Stocks, end or month: II 1 ' At warehouses,. ___________________ bales__ 62,905 I 69,460 67,275 49,921 I 311,099 41,878 At rnanufactunng plants ___________ bales.. 25, 180 24,651 23,435 23,176
1
1 20,044 21,122
Wool i i\ :r I
i
1931
~~~-~une -~-~~;--~ ~~~r~:r~~~;u];~~uary I : ) I ! I ' I I I : I
45,831 I 51,577 52,537 60 590 I 61,803 60, 168 ' 45,233 41,119 45,937 w: 394 1 57, 8i2 49.679 1
U ~ M ~~· a M
43, (i42 46,370
47 29,031 ~m~nm •~ ~m.~w -~~
~b ~-~ill ~mj~w 1 ~m ~rn 1. s 1 1. 5 1. 9 2.1
1
. 2.1 , 2. 6 2. 6
I \ I . I
4, 32611
3, 937 I 3, 920 2, 810 I 2, 530 2. 148 I 2, 641 31i, 272 34,370 ! 30, 961 30, 7i6 33, 32? 25, 188 I 31, 488
!58, 3.~3 I 355,902 160,029 137, 749 295, 334 326,691 239, 106 192,5451260,163 225,392 225, 9M 2<1, 638 212. lf>8 202, 149 211,331 273,871 20.'\, 60:J 217,582 317.185 248,304 210,597 269,449 I 288,%35 301,943 282, 154 273,781 319,328 355, 514
277,5971330,575 248,544 294,118 373, 9~1 395, ~02 317,465 1, 015 1, 018 1,124 1,199 1, 363 1,180 J' 041
15, 140 17,085 18,010 15,244 14,041 12.002 12, 738
.049 I .o48
. 056 II .054 ' Ill 112:
11,800 10,181
32,951
• 225 ,352
4,810 9, 012 5, 577
1, 471 1,826 1,496
6, 033
2,621 2,375
2, 615
276
• 75
44,746 6, 724
2.364 .98
76.4 35.3 44.6
29,921 16,990
I
10,067 11,195 !
34,017 i 215 i
:352 .
13,662 ' 10,389 13, 383
2, 257 1, 817 2, 306
4,474
4,001 2,814
2,656
202
• 75
42,161 6,409
2.463 .99
75.6 43.9 42.8
37,352 18, 706
.050
.058; 115!
13,377 11,212
34,914
• 223 .353
11.368 6, 960
10, 169
1, 932 1
1, 845 1, 912
5, 324
4,060 3,186
2, 810
225
• 75
45,073 6,520
2.266 .99
76.3 42.5 49.5
32,688 18,206
.053 ,059 119
11,081 12,240
38,825
• 231 • 369
9, 215 6, 400 ; 8, 575 :
2,002 1, 901 2, 112
5,615 1
4, 273 ' 3, 301 '
2,932
i
.055
.059 121
11,536 12, 537
40,979
• 240 .382
7, 9tll 6, 757 8, 239 '
2, 459 1, 945 2, 375
6,693
4, 081 3, 394
3,358
439
• 75
41,356 1 55,383 4,823 i 7,725 i
2.266' .99
90.9' 44.6' 51.8
35,497 20,425
2. 561 ' .99
93.8 44.2 58.6
47,407 22,231
.053
.065 119
10,968 13,420
42,407
• 239 .390
6, 850 ~. 3H7 7, 043
2, 837 1, 303 2,602
6,049
3, 044 2, 724
3,058
274
• 75
54,242 7,318
2. 709 1.00
96.5 51.7 58.9
45,399 23, 124
. 052
. 062 12(•
12, 61)5 16,795
39,963
.248
. 390
7, 925 5, 076 7, 295
2, 048 I "64 2: 17:;
4,4%
2, 56b 2, 333
2, 735
154
• 75
M,91fJ 7, 405
2, so; 1.02
94.0 39.2 55.~
51,814 22,227
Consumption at textile mills, I / I greaseequivalent _____________ thous.oflbs .• l 34,253! 31,625 35,424 42,990 I 47,548
Consumption at textile mills ... rel. to 1923-25 .. 1 72.3 :1
66.7 74.8 90.7 100.4 lil, 140 ! 53, 886 45,805
96.7 52,199
llO. 2 47, 710 i 40, 373 38,420
81.1 33,856
71.5
In condition, imported ...... thous. of lbs.. , " I! 10,536 6, 977 13,463 11,677 Machinery activity, hourly: 1 Imports: 12 5"6 it I
Combs _____________ p, ct. of hours active.. 69 !I 65 86 74 Looms- :j
Carpet and rugs.p. ct. of hours active__ 28 'i 26 30 3R ; Narrow _________ p, ct. of hours acti'>e.. 25 !: 26 31 39 I Wide ___________ p. ct. of hours active__ 51 ·1
4 404 1 45 49 j
Set or cards _________ p, ct. of hours active.. 50 ;i I 48 53 1 Spinning spindles- 11
53 1
~~~~~~~========~: ~t ~~ ~~~~~ :~n;::: g~ :[ , :~ . ~~ 49 !
109
40 44 63 61
63 70
107. 9 I 113. 7 '
9,67g i 115:
38. 45 ; 70 ! 65 I
i 66 ! 78 I
12,987
115
38 43 64 64
64 83
16,868
107
40 46 61 60
61 73
• Months or March, June, September, and December 1931, contain 5 weeks other months 4 weeks.
14, 168
97
46 45 58 60
60 66
100.7 ! 85. 2
21, 258 i 15, 348
82 : 76
44 i 42 i 54: 57 :
I 55 : 57 ;
44 34 59 66
57 57
'Re'>ised.
11,687
75
39 30 59 60
66 54
13, 7fi7
67
29 2R 49 47
48 52
44 SURVEY OF CURRENT BUSINESS March, 1932
MONTHLY BUSINESS STATISTICS-Continued
1 1932 1[ 1931 Earlier data for items shown here rnn11 ___ , ----;----,--------,----,----,--
ment to the Surve11 I January II ber - be~m- October eb~~m- August I July June [ May April March 1
:r~u- January be found in the 1931 Annual Supple- I II Decem IN J IS I 1 1 I I F b I
TEXTILES-Continued ~---~!---~--~~--~---~---~-----~~-~~~--- --~ ~------Wool-Continued ! [ I ! : I ' I
Prlcft~w, territory, fine, scoured.dolls. per lb .. ' o. 58 :.·II 0. 58 1] o. 58 II o. 58 I o. 62 1 o. 63 0. 62 o. 62 o. 63 o. 65 o. 66 ' o. 66 .
1
! o. 68 Raw, Ohio and Penn. fleeces, }-4 hlood, ! ] I
combing, grease ___________ dolls. per lb.. .21 '1
.21 i .21! .21 1
.22 .23 .21' .20 .20 .22 .22 i .23 1 .26 Suiting, l:l-oz ________________ dolls. perlb .. l 1.400 I' 1.400 1 1.400 I 1.400 1 1.400 1.490' 1.494 1.494 1.494 1.494 1.5431 1.601 1 1.601 \Vorueu's dress goods, French 1 • i I 1 1 :
serg.,, 54-in. at factory _____ dolls. per yd__ . 900 : . P25 i . 925 : • 925 1
1 • 925 . 925 • 925 . 925 . 925 1 . 968 1. 050 ; 1. 050 1, I, 050 Worstec!yarns ______________ dolls.perlb .. : .93.[ .\131 .95] .95, ,g5 1.00 1.00 l.UO' 1.00, 1.00 1.00 1 1.10 1.10
Heceipts at Boston: ' ] 53
' -,-,n I I i Dom,•stic ___________________ thous.oCibs .. 4,928 I 5,350! 6,163 i 6,567 I 16,595 34,445 76.046 " 26,151, 10,376 8,215 6,741 • 3,363 Foreign _____________________ thous. of lbs.. 6. 307 :j 2, 2:'7 ! 8C.3 3, orn I 2, 112 ' 2, 405 3. c35 2 964 4, !90 : 7, 399 5, 064 , 6. 528 , 7, 432 TotaL _____________________ thous.oflbs .. 11,235 .i 7,577 i 7,026 9,628; 18,707 · 36,850 79,381 56:743
1 30,341 i 17,775 13,279 · 13,269' 10,7V5
'fOEACCO !I ~ !
Unmanuractured: i Production, erop estimate ... mills. of lbs .. ---------· i • 1, 610 Exports, !p,af_ _______________ thous. ollbs.. 25,0:17 : 56, fi85 58,386
---------1--------- --------- --------- ---------!--·-------: _________ ---------------:---- ---------49,170 ! 44, R26 23, 113 20,574 38,737 j 48, 9!1 ! 45,006 39,908 46,879 50, HO
St.oeks- I
('hP\Ving, srnoking, snuff, and export ,· . 1
t.ypes, quarterly--· ____ mills. or !hs .. _________ ,; 3 1, fi!2 1 _________ 1 _________ : 11,419
Ci!;ar types, quarterly __ tlwus. of lbs .. ---------:·'321,305 ! _________ ---------~'3·l:!,02o --------- --------- a 1, 453 ·-··-------,--------- •1,698
'rotai, incln,Jing irnportect : ! ----·---- •• -------
0370, 142 !---- ------' --------- '3M, 1b4
25. ~13 : 27, \J35 34,139 31,558
typeS, 'lUaftefly ________ IrtilJS, Of }tJg __ ---- -----·, 8 2, 013 1
.------- _ --~-----~~ I 1, 841 Manufact..urt:'d products:
Cousumpt.iou {tax-paid witbdta·.q~ls)-L~,rge cig:a.rs ________ ----- __ th~msands .. 342,\!2·! : :~0-~. ;;:;j , 477,453 Small dg(l.rettes ______________ rnillivns__ t-",Ltt.\3 7,~\15; 7,850 1\lannfaetured tobaero
uud snulL ____________ thous. oflbs__ ~~0,883
IV!unufacturing 33, 278
cpNn.tions ___________ n~l. to 1923-·25 __ --.-----_ 110: 114 Exports. cigurdtf\:-; ________________ thousaTHls __ , hlO,b~~ 2-:10, 7'27 I 2:?8, 7V3
112 ' 118 118 254, O•W
1\IISCt.:l,lh.J.SI:OUS r .. oDt'CTlOlli I!ntt<>nR
Fresb-"-vnter pearl huttons.: Productivn, rutio to eapacity ____ prr <'r.nt__ Stocks, end of nwiJtl.J _____ t!.:ous. of gross .. _
Imports· l~uttcns-
l'rodurt of PhiliprJinosJlious. of grosS--) All other_ _____________ thnus. of gros:L.I
Shells- ~1 l\lot.her-of-rwarL .. ______ thons. of lbs .. 1 All ot.her_ _______________ thous. of lbs .. i
Tagua nuts _________________ thous. of lbs--1
I>'UI:I,S
Coal
Antif~~~',1,;·~~---------------thous. of long tons _: Pric"'- !
::1:!. 4 8, [.25 '
70 " HI
600 1, 133 2, 117
96
Retail, composite, che:-:tnut I ________________ doll>.lJNshort ton .. : !4.97
"' ho!esal~, composite chestnut ______ ------·----- d.Plb. J.-'t>T leng ton__ 13. liO '
Production __________ t.l,nu&. d short tons .. : 3,i,tl7 Stoc1:<:.,endoimonth,iuyard"i : :,
of tiealer~ __________ no. of driys' supply --:---------1
Bituminous: ' Cousuwptivn-
B y ,~o kt:~ piants- ' Canada ______ tbous. of sbort tons __ :---------United "tates :
____________ thous. of short tons--! 3~ 112 By electric power i
plants __________ thous. of short tons. ·i 2, 800 By railroads ____ .thous. of short tons ..
1----
B v vessels dearing , i'orts ___________ thous. of long tons .. i
Exports ______________ thous. of long tons .. Prices- :
H3 339
Mine aYerage (spot) I ________________ d(/lls. per short ton--!---------
Prepart>d sizes (ecLr:.- l posite) ____________ dolls. per net ton __ , ________ _
Hetail, ('Omposite.dolls. per short ton __
1
1 8. 17 . W!Jolesale, composite
________________ dolls. per short ton.. 3.GU9 i Production- i ;
Canada _________ thous. of short tons __ , _________ , United States ___ thous. of short tons __ : 27, t:92 I
Production index ......... rel. to 1923-25 __ ; _________ : Stocks, end of month, held ; ,
by consumers .. __ thous. of short tons __ , _________ ,
Coke 1•
22 :, Exports ___________________ thous. oflong tons .. 1
1 Price, furnace, Connellsvll!e :,
----·--------------·----dolls. per short ton .. !---------.: Production: I
Canada ______________ thous. of short tons .. ---------United States- :
Beehive __________ thous. of short tons .. ' 88 By-product. .•... thous. of short tons.-: 2,101
Petroleum i Asphalt:
Imports ______________ thous. of short tons__ 0 Production __________ thous. of short tons .. ---------Stocks, end ofmonth.thous. of short tons .. '---------
1 Revised.
191, 3S5 I 2b7, 851
43. 0 8, 79-1
IJ:! 0
416 69
2,044
42.3 8, C20
76 10
5f\3 498
1, 500
46. 9 8,('!0
50 : 11
415 47V
21 025 I
113 125 157 '
14. 97 ! 14.96 : 14.97
l:l. JGf) : 13. 083 13. 083 4, Q;-1 I 4, 141 6, ,)[,1
GO
107 19S 191
;J, 354 3. 442 3, 616
2 a. n7 2 3. 222 , 3, 454 5, 314 ' 5, ~30 5, 776
gg 183 ' 521 I, 150 1, 078
3. 950 3. 902 ; 3. 954 8. l g 8. 23 ! 8. 22
s. ;o t 3. 705 3. 7os
1, ~9.~ . 30, .ocl , 30, 110
041 67
35, 500 ---------
41
2.38
144
98 2, 276
•o 210 299 '
1, 204 35,700
7l
36,100
50
2.45
140
10.5 2, 389
1 314 : 299!
42.9 8, 582
C-2 5;
451 8~l
2, 014 I
4,1. 0 S, "•89
95 6
399 467
I, 521
121 101
14.93 14. 73
13.083 12. 796 4,358 I 4,314
75 : ________ _
179 186
3, 4.)9 1 3, 634
3, 280 ~ 3, 233 5.268 li,419
163 165 1,163 1,217~
1. 62 1. 58
3. 954 3. 907 8. 17 8. 11
3. 705 • 3. 704
1 005 I 760 31:919 • 30, 534
70 70
34, 500
52
2.45
126
78 2,310
121 326! 340!
87
2. 45
132 '
70 2,443
14 312 332
a Quarter ended In month Indicated,
47S, 901 10,700
30,661
122 243, 233
3!.3 8, 803
6'-i 10
256 134
2, 02.)
110
14.59
12.614 3, 0:;4
75
193
3, 795
3,108 5, 40:~
186 1, 087
!. 58
3. 8b6 8. 09
3. 706
826 29, 790 '
74 '
30,900 '
50
2. 45
139
76 2, 569
4 314 349
517.514 ll, i;OS
31,086 30,780
45g, 982 9. 471
30, 781
133 I 137 134 24-1, 201 ~:50, F5S : 241, 703
45.0 9, 252 i
118 446 1
202 .127
l, 99U
44. i : 9, 221 i
61 i u:
272 43
901
14. 31 i 14. 19
12.413 . l2. 270 4, .544 ! 5, (J(j.)
60
213: 229
4, 027 i 4, C29 I
2, 954 : 2, g,;g 5, 314 I 5, 821
209 i !104 i
I 1. 56 ;
i
1~5 926
1. 60
a. 816 1 a. 838 8.001 8.04
3. 692 3.723 I
8881 902 I 29, 185 ~:8, 314 I
74 75;
30,100 1---------: I I
45 i 861 2.45 i 2.481
1691 941
3,1261
155 i i
87 I
~ 7151
10 3151 393 I
J 3041 380
45.2 9,408
55 2
395 48
1, 720
120 '
14.39
12. 202 5, ?00
45
230
4, 682
2, 963 5,885
16& 671
1.64
3. 845 '8.40
3. 760
8S8 28,478
77
26,900
43
2.50
169
109 3,146
7 248 360
• As of Dec. 1.
I 2, 151
440,472 9, 802
31,049
131 324, sos
4't. 5 9, 518
!)4 2
289 9S
592 I
362. ~·;g H, '36
29, 562
]:{2 256, 70t~
44.6 9, SCi
59 3,
273 3f\9
1, 329 .
79 !59 '
14. 85 14. 85 :
12. 608 12. i32 I 4, 745 : 5, 391
21
2!7 235
4, 902 ' 4, 408
3, 410 . 3, 28>' 6, 414 : 5, 810
136 I 141 665 : C45
1. 69 1. 77
4. 001 . 4. 223 8.71: 8.83;
3. 791 3. H4 i
l,C28 ! 33,8i0 I
7G ~ I
963 31 408 !
' 73
29,500 I ________ _
54 i 67
2.50 2.53
179 165 :
149 163 3, 256 2, 898
7 3 190 166 354 332
3S2. n,
31, GU7
1'21 ~:?(:, (j\)/
3.S. 5 10, 154
59 4
475 22
270
:207
14.88
12. 732 6, 157
31
236
4, 6S6
3, 6SS 6, 5US
v;7 700
1. 77
4. 208 8. S7
3.829
1, 1M 3S, 5-12
77
34,200
71
2. 55
171
163 3,092
0 147 295
March, 1932 SURVEY OF CURRENT BUSINESS 45
MONTHLY BUSINESS STATISTICS-Continued
Earlier data for items shown here ma11 1932 i -----,-----,-----,-----,-----;---1-9.,.3_1 __ ---.,.---,-------.,.---,----;----
be found in the 1931 Annual Supple- ---1 I I I I ment to the Surue11 January 1 Dbc:rm- I N'hv:,m- October I Se~~;n- 1 August July _ June
1
_ May April March F:~;u- January
FUE~S~ont~nue~---- --~~!---:~~-~~---~---~--- --- 1
Petroleum-Continued 11 ' 1 I
CokP~oduction __________ thous. of short tons ___________
1
i 168 J 168 I 159! 180 178 Stocks,endofmonth.thous.olshorttons ___________ ! 1,5121 1,4391
1
1,393[1
1,516 II 1,451 Crude petroleum: 1 ,
Consumption (run to stllls).thous. of bbls__ · 72, 721 i 71,367 1 75,675 i 75,094 80,672 Imports. __________________ thous. of bbls__ 4, 315 1 3, 6
80744
4, 710065
II 3,442465
2, 702 Oil wells completed ______________ number ___________ 1 744 1 441 Price, Kansas-Oklahoma ___ dolls. per bbL. . 710 : . 710 I . 710 . 560 ! • 560 . 434 Production. _______________ thous. of bbls ___________ ! 73,174 72,851 73,079 I 63,636 68.418 Production index __________ rel. to 1923-25__ 1l:J · 121 124 116 : 102 107 Refinery operations ____ p, ct. of capacity__ 64 64 65 i 66 69 Refinery operations lndex •• rel. to 1923-25__ 150 I 156 161 : 161
1 165
Stocks, r ... d of month- I I 1
173 1, 391
79,758 3, 588
599 . 238
77,961 122 68
162
180 1, 315
76,237 3, 978
603 .300
75, 116 122
67 161
178 1, 250
78,521 4, 512
498 .530
77,164 122 67
163
Cali ornia- I lleavy _____________ thous. of bbls__ ·1 93,274 95,470 95,566 ! 95,749 97,809 98,098 99,015 100,01l Light._ ____________ thous.ofbbls __ !----------1 42,114 40,471 40,328 i 40,841 40,495 39,621 40,043 40,805
East of California- --------- : 1
168 1,158
74,706 4,162
519 .530
73,101 121 67
161
170 1,089
73,596 3, 715
383 . 594
69,397 112
64 152
100,578 100, 531 40,840 41,016
151 1,053
65,249 4, 789
450 .850
60,645 110 63
149
101,442 40, 651
Refineries __________ thous. of bhls __ , . 36,546 36,566 36,705 ! 38,358 39, 021 41,007 41, 734 41,819 41,413 I 40,786 42,027 Tank farms and pipe ---------; 1
lines__ ___________ thous.o!bbls..1 _________ 286,020 284,222 283,201 284,8401294,831
1
305,009 305,876 306,287 308,752 310,377 313,310 Mexico- otaL ____________ thous.ofbbls.-1---------:: 322,566 320,788 319,906' 323,198,333,852 346,016 347,610 348,106 350,165 351,163 355,337
Productlon ____________ thous.ofbbls __ l _________ : 2,654 2,350 2,359 2,628 2,841 I 3,129 2,960 3,080 2,761 2,819 2,564 Exports _______________ thous.ofbbls ___________ '' 1,833 1,409 --------- 1,8641 1,488 I 2,183 2,716 2,808 2,392 1,528 1,463
Venezuela- ,: Exports _______________ tbous. of bbls .. i '! 9, 101 8, 984 9, 639 ' 9, 420 9, 274 9, 401 8, 561 9, 049 8, 586 10,362 9, 516 Production ____________ thous. of bbls.. ;·--------,, 9, 922 9, 535 9, 440 9, 4121 9, 796 9, 913 9,181 9, 515 Y, 263 10,283 9, 486
Gas and fuel oils: ~---------,: 1
Consumption- 1 :
By electric P<- wer plants.thous.of bbls :: 709 707 692 726 712 622 541 552 643 637 Byrailroads ___________ thous. ofbbls . .1:::::::::•! 2,899 3,554 3,236 1 3,286 3,567 3,440 3,606 3,536 3,644 3,181 By vessels _____________ thous. ofbbls .. j 3 o:n ' 3,447 3,643 3,095[1 3,4'-2 3,839 4,053
1 4,286 4,043 3,667 3,622
Price, 9klahoma 24-26, ' ii refinenes _________________ dolls. per bbLI : . 338 . 338 . 319 1 . 280 . 294 . 385 ' • 463 . 488 . 510 . 588
E[g~~c;~or~fineries-atiin'diirthous.otbbl.._i:::::::::~; 21,211 28,709 28,7491
30,292 29,4osl· 29,512 29,949 3o,on 30,754 26,536
month ___________________ thous.ofbbls __ l---- 42,582 44,883 45,239! 44,551 41,416 38,581: 36,579 33,854 32,105 32,159 Gasoline: 1 I Consurnption ______________ thous. of bbls __ ,
1
30,.529 3-5,051 36,670 39,459 39,459 38,375 I 35,716 33,400 31,037 26, 133 Exports ___________________ thouu>fbbls __ ---3.3iio-': 2,533 3,325 3,0741 4,036 4,166 3,093 4,792 3,988 2,841 3,5H6
i~~f~~~n~a~~;~:~t~t1i~~~~~iso£e~~!t·l 7:~~~ ,' 5:~~g 8:f~~' 7:i~g 7:m' 8:i~~ 9:~~x I 7:i~i 12:~~g I IO:i~~ s:g~ 10:~~ r:gd~~~T~;;.=---------------dolls. per gal ·1-- .. ____ ' _________ ---------,--------- ---------1------·r·------~ .125 : .122 1 .124 .137 .149
Natural gas(atplants)_thous.ofbhls __ l--------- 3,476 3,405 3,345 3,062! 3,179 I 3,521
1
3,521 1 3,8141 3.824 4,048 3,6:ll ~aw (at rc~neriesl.,---thou~; of bbls;. _________ ,: 36, 051 36, 137 38, 582 37, 469
1 39, 283 'I 38, 440 37, 024 39, 019 I 36; 601 35, 246 31, 328
~~t~~:~~~r~~~~~~g~~ States.mt,ls.ofgals_l--------- --------- --------,--------- ---------~--------- ---------'---------,---------1 962 874 777
Natural gas (at plant).thous. ofbbls __ l---- 615 641 524 614 j 722 I 8551 860 996 i 1,006 884 692 Raw (at refinerics) _____ tbous. ofbbis .. , .. __ 42,320: 38,696 36,356 35,105 1 36,4051 40,332 44,296 i 47,948 I 48,587 48,225 45,355
Kerosene: . 1 :• I , j 1 ! Consnmptwn ______________ ttwus. ofbbls..; _________ , 3,358 2,906: 3,042 2,3411 2,6,8 2,114 2,104 2,395 I 2,804 2,691 2,272 Exports ____________________ thous. of bh!s __
1
, 1 ]s.4 640 1, 206 1 1, 267 1, 057 1 1, 131 1, 214 I 720 1, H51 753 1,151 974 Price,l50° waterwhite _____ dolls. per gaL_ :016: .041 .041: .039 .039 j .038 .038] .042 .045 .048 .0!\1 .Oo3 Prorluction ________________ tllous.ofbbls .. j ......... , 3,713, 3,815 3,701 3,2-39. 3,685 3,696
1 3,404 3,3~91 3,397 3,676 3,171
Stocks at refineries, end of ' I 1
month ___________________ thous.ofbbls __ , 5,332' 5,618 5,924 6,5581' 6,734 6,869] 6,521 5,960 I 6,129 6,300 6,477
IJnbricatlng oil: . 1
Consumption ______________ thous. of bhk -: 1, 366 1, 211 1, 639 1, 549 ! 1, 753 1, 969 . 1, 615 1, 86.1 1, 850 1, 9.10 1, 5,;3 Price cylinder oi!_ __________ <folls. per gaL: --------- --------- --------- --------- __________ -1--------- _________ I .145 .145 . 1-!~ Pro<lu<:tJOn ________________ thous. ofbbls__ 2,049 2,1M 2,267 2,143 1_·. 2,306
1 2,3371 2,088 2,264' 2,316 2,293 2,03o
Stocks n.t refineries, end of : , I month ___________________ thous. of bbls .. : __ ___ _ 9, 511 , 9, 422 , 9,113 9, 224 1 9, 289 ; 9, 597 I 9, 76& 10, 119 : 10,463 10, ilO
Wax: 1 i ! Production _________________ thous.oflbs..l 45.3<10. 46,i60 46,200 42,000- 37,520' 37,800J 34,160 35,840, 33.040 37,520 Stocks, t'nd of month _______ thous. of!bs __ ;.. b(J, SJ:l 1 183, 938 18~, 167 19!, lj8 192, u:s 198,407 1 ~00, 836 205, 803 J 205, !O!i 208, 6l0
ms·rRHltl'riON MOVEMENT !
~Iagnzim~ advf'rtisiug __ m ________ thons. Jines __ Magazme advertising, total .. t!wus. dolls __
Automotive iudu~try _______ tiwus. do!ls __ Building materials __________ thous. dolls __ Cigars, cigarettes, and to-
bacco ______________________ thous. dolls __ C'Jot hing <lllrl dry goods _____ thous. dolls __ Confectionery _______________ tllous. dolls __ ' Drugs ant! toilet goods. _____ thous. dolls __ Finandal. ___ .. -------------thons. dolls __ Foods _______________________ tlwus. dulls __ Garden _____________________ tllous. dolls __ Honse furnishings ___________ thous. doris __ , Jewelry _____________________ tlwus. dolls __ : l\f :tf'hinery ______ ----------- _ t bons. dolls __ : Oilif:(.i equipment_ ___________ thous. dolls __ ' Paints and h:lrthvare ________ ti!ons. dolls __ ! Petroleum pro( iuct~L ________ tho us. dolls __ : I\adioe ______ . ___ ------------ t-hous. dolls __ Schools _____ . _____ ---------- tlwus. dolls __ Shoes __________ ----------- __ tbous. dolls __ Soaps and housekeepers'
supplies. ___________ ------· tho us. dolls __ flporting gooc!s ______________ thotts. dolls._, St:ttjonery and books ________ tlwus. dolls __ ' 1'r<lVel and dinusement_ _____ tlwus. dolls __ ; Miscelbneous _______________ thous. dolls .. !
N e\\ spa per all \"(:r~isiDg __________ thous. lines __ 1
•Revised.
1, 138 ' 7, 041 I
678 ! 155 1:
513 182 ' 222
1 4''4 : • 20!3
1, 3~~ :
3~8 ' 167 !
03 ! 97 : 14!
2.55 ; 11lfi 215 57
350 176 271 :il7 331
67, 762
1, 626 11, o-,-a .
942 266
309 ' 2 2"1l ' '1~~ '
2, 020 : 4.) :
70S 3bl
5!}
1~~ 1
ii22 : 2:)5 I
1S6 I
132 :
4i0 ' lllil: son 41() ·1L7
77,005
1,882' 14,007
1, 311 504
fl7f) :J!JO 342
2, 720 ' 2:Jl
2, 6t>5 32
984 378 72'
124 : 116 ' 404 308 217 186
806 I
118 ' 410 ' 334 562
81,891 I
l, 9]1 14 234
1: 4G9 631
619 444 3:l4
2, 665 2.)7
2, 634 : 42
1, 231 24tl !
!J1 1G7 I
123 ' 374 313 ' 2:l2 : 149
88~ 117 434 ' 231 560
87,803
1,603 11,967 I, 604
397
5~7 3fl4 328
2, 277 187
2,001 41
842 90 50 98 88
463 174 305
95
963 201 240 171 4-10
77,208
1, 3!6 I 1, 613 10, 008 ! 12, 314 1,304 i 1,393
295 ' 515
428 . 180 378
2, 210 : 180 I
J 805 I • 28 453
77 55 88 ' 45 ;
422 1J4 I
317 41
683 ' 245 160 1i2 : 328 '
67,169 :
422 531 426
2,658 253
I, 9U-l 59
G~O !59 102 170 88
445 141 2il1 98
783 3:Jl 180 321 4!4
66,877
2.191 16, t)U:.? 1, 886
682
486 481 553 I
3, 221 294
2,408 121
1, 324 : 391 190 252 1X4 526 128 315 208
1, 0~)1 522 i 366 I 61.') -151
7U, 772
I
i i 2,37-1'
16,959 : 1 885 ' '742 :
I 479 i
412 387
3,417 274
2,419 19(>
1,462 : 308 ' !57 247 216 458 116 29-t 209
1, 26! 438 3-!-5 711 529
88,443
2, 421 17, \7:l I, 632
749
542 494 301
3,.152 319
2, fJG5 210
1, 5:36 168 IVJ 216 232 471 209 27-! 206
1,246 309 380 769 502
88,737
2. 203 16,002
1, 418 651
507 436 30-1
3,421 ~94
3,01)8 2(i6
1, 269 123 Wl lil8 ] 1i I
~~~ i 270 I 169 i
I 1,102 '
JGti I 354 I
577 i 510 I
90,2H I
10, 91!
38, 640 2:.?9, ·!14
2 ], 9fi5 15,:307 l, 801 bl~
519 316 302
3, 194 267
3,2110 222 IJG7 103 191 181
79 3il4 3-18 3fi3
9.5
8'19 J3J 360 480 1a6
72, 2S2
159 1, 032
70, 026 4,353
487 .850
65,991 110 61
144
102,368 40, 3~9
41,785
317,854 35U, 639
2,890 1, 263
10,877 10,384
800 3, 599 3, 544
.600 29,174
:l3, 977
26,844 4,662
13,765 .135
.148
4,140 32 71J8
• 835
606 42,818
2, 596 1, 275 . 0-54
3, 560
6, 555
1, 715 .165
2, 441
11,013
42,560 n~.o1-1
2 1, 5.50 l<J, S20
1, 002 3:)8
536 2i0 2H2
1, Go7 255
1, nos l!Y 519 292 151 210 64
2S2 422 :m JotJ
471 2.12 406 362 403
''15,1iS6
46 SUHVEY OF CUIUU~NT BUSINESS March, 1932
MONTHLY BUSINESS STATISTICS-Continued ----==---=~-----======
Earlier data for items show11 here mag be found in the 1931 Annual Supplement to the Surue11
193~ 19::11
Jn.nuar~ Dc·ce!n
ber Nowm·~~~b:r 's~;;e-~~-~~-~~~s~ J-;uly ,
her her ,
. -~----~--~ DISTRIBUTION MOVEl\IENT-Con.
Advertising-Continued
Radio broadcasting, total cost_ ____ thous. dolls_i A utornotive industry __________ thous. dolls.: Building materials. ___________ thous. dolls_< Cig::trs, cigarettes, and tobacco_thous. dolls_! Clothing and dry goods _______ thous. dolls.i Confectionery------ ___________ ttwus. dolls.; Drugs and toilet goods ________ thons. dolls.! FinanciaL_------------- ______ thous. dolls_l Foods. _________ ------ ___ . ____ . thous. dolls.
1
Bouse furnishings _____________ thous. dolls_ Jewelry.------------------ ____ thous. dolls_ Machinery------------------- .thous. dolls. Paints and hardware __________ thons. dolls_ Petroleum products ___________ thous. dolls_l Radios .. ___ . __ ._. ___________ .. tlwus. dolls. Shoes, trunks, and bags ........ thous. dolls.·~ Soaps and housekeepers' sup-
plies. _______________________ thous. dolls. Sporting goods ________________ tbous. dolls. Stationery and publishers ..... thous. dolls_ Travel and hotels _____________ thous. dolls_! Miscellaneous _________ . _____ .. tiJOns. dolls. I
I Agricultural Products (Marketing) I
3, 984 232
13 828
18 160 881 142 973
32 10 73 53
140 40 82
88 11
110 3
96
3 ~:~s I 16~
<!6 611
51 142 702 136 873
83 R
68 64
127 62 9·1
126 13
138 3
89
3, 505 172 31
578 53
173 687 128 806
75 12 72 60
115 &o
144
122 16
120 2 '
9o 1
3, 253 95 37
513 49
128 u5o 136 790 59 10 53 72
107 49
141
122 13
130 2
97
I Agricultural. totat__ ___________ rel. to 1923-25__\ 86.3 '96. 5 '152. 4 I 207.1 Animal products: I n
4_ 9 1
1
Dairy products------------rei. to 1923-25 __ 1 96.4 '99. 7 v Fish _______________________ rel. to 1923-25 .. '1 74.6 '79. 7 117.2 I Livestock __________________ rel. to 1923--25.. 89. 3 '89. 9 96. 2
1
Poultry and eggs __________ rel. to 1923--25.. 146.6 • 136 6 117.2 Woot__ ____________________ rel. to 1923-25 .. 1 37.1 40.3 46.5 Totaj__ ____________________ rel. to 1923-25 .. 1 96.7 '159. 6 97.5 1
1 Crops: i Cotton ____________________ rel. to Hl23-25 .. ! 133.2 '97. 2 274.9 .
1
1
Fruits _____________________ rel. to 1923-25 .. 1 6"1. 7 62.9 96.8 Grains _____________________ rel. to 1923-25 .. 1 36 8 '41. 7 '65. 9 1
Vegetables __________________ rel. to 1923-25 .. : 82.3 70 5 79. 1 I Tota!__ ____________________ rel. to 1923-25 .. ! 85.1 (!8. 5 158.8 i
Collections I
92.6 140.5 104.2 75.4 49.5 96.6
366.7 191.1
1'4.0 131.9 219.2
Delinquent accounts, electrical trade: ' Amount __________________________ dollars .. · S2, R19 95, 101 73, 16.1 I 95, •ll4 Delinquent firms ________________ number .. ' 938 U96 877 1 987
Forest Products (Marketing) I ' Dlstllled wood _________________ rel. to 1923-25--i a6. 4 '33. 5 • 31.4 I Gum. -------------------------rei. to 1923-25 .• , 26. 1 90. ·1 97.2 'I Lumber _______________________ rel. to 1923-25 .. 1 39.8 '45. 8 52.7 Pulpwood _____________________ rel. to 1923-25 .. ' 90. I '93. 6 90.9 TotaL ________________________ rel. to 1923-25 .. i 44.0 't.3. 3 '56. 7 ,
30.0 114.1]
60.4 82.1 63.1
2, 741 I 2,527 I 2, 764 i 65; 68 89
4~~ i 4~? I 4~~ 1
27 : 321 38 109 : 106 135 489 I 396 453 I
~~~~ 6;~1 g~! 84:. 651 391 3 I Q Q ',
31 ! 37 29 ' 57 ! 72 I 81 I
89i 901 96 22~ 18 10
t24 1 ol s6 ,
129 i 153 146 24 I sa 34
118 : 84 92 21 2 2
79 ! 781 84
116.6
90.5 160. I 88.3 88.4 '
125. 1 91.5
152.1 J2g.2 79.8
103.2 119.3 .
78,534 786
22.1 111.9 56.6 56. l ' 67.5
84.9
96.3 189.3 82.5 88.0
259.6 94.3
29.2 154.6 130.0 64.1 83.9
70,681 780
17.2 141.5 63.2 63.5 64.3
103.2
123.6 161.2 72.6 88.6
573.2 105.2
22.6 131!. 3 182.9 IO:l. 4 103.0
98,621 Q33
20.4 186.7
61. 1 76. 1 64.6
2,835 99 19
476 44
112 452 126 748
44 8
39 72 89 84 95
129 29 86 22 62
61.4
156.6 144.5 77.9
115.6 405.4 118.0
9.1 88.8 68.6
165.8 55.2
111, lll3 948
27.5 189.9 62.1 93.9 67.2
7ii6, 703 804, 455 779, 105 781, 41~
Postal Business i I Air mall, weight dispatched _________ pounds..i ......... 8~7,530 720, 31ll 1 836,603 Money orders: .i , 1
Domestic, tssued (50 cities)- . 1
~~~";;~t-'~::~~::: :::::::: i.iio·J~~0~r8~~8~::' ::::::::::1::::::::: ::::::: ~:! 3~: ~g~ Domestic, paid (50 cities)- : 1 'I
3, 379 3, 368 33, 800 ' 33, 370
3, 501 34,224
~~lunet_i=::~==~~~ ~~ ~ ~ ~ ~~ tllO~;~o~;~~TI~~=: == =~= ::::::::::::::: ::::::::: 1
Foreign, issucd ____________ thous. of dolls .. '---------·--------- 3, 971 1
Postal receipts: i ,
1
Tota1mdex_ _______________ rel. to 1923-25 .. : · 95.4 1 132.0 95.2 ~0 ~elected citie~ ___________ tiJous. of dolls .. [ 25,312 31, UC6 25,35.5 oOmdustnal ctttes _________ thous. of dolls ... · 2,911 1 4,0GS 2,809
1 Retail Sales I
Department store sales, value of: i United States, adjuf.te<L ... rel. to 1923--2.5 .. 1
United States, unadjusted_n\1. to 1923-25.-'! Department store stocks. end of month: !
80 65
United States, adjusted .... rel. to 1923-25 .. ' 75 Unit.ed States,. unadju'EtefLrel. to J92;S-20_.; 67 ,
Installment sales m New England ~ · dept. stores, r:1tio to total sales .... per cent..'---------
Mail-ordrr houses: 1 Total sales. 2 honscs ....... thous. of dolls __ ' Total sales, 2 houses _______ rel. to 1923-25 .. ' Se~rs, Roebuck & Co .. _ ••. thous. of dolls .. : l\1ontr-omery Ward & Co •. thous. of dolls .. '
Restaurant chains:
31,975 98
19, 9·17 12,028
Childs1 Co.- , ,
Sa rs __________________ thous. of dolls __ , _________ , Store• opcrated ______________ number .. , .......... '
J. R. Thompson Co.- · Sales. ___ . ________ .. ___ thous. of <lolls Stores op(>ratcti __ . -------- __ .nun1ber _ .---- _____ ,
Wal<lorf System (lnc.)-8ales _________________ thous. of dolls _ S10res opcrRterl _____ ·--- __ .... number_
Total sales, 3 chains- .
1, 223 159
TotaL._ •• ____ ------ __ thous. of dolls .. ' .... _____ _ StnrPs operated .............. uumber _ _l .. -------
Grocery chains: Atlantic & Pacific Tea Co.-
Total sales. ____________ tbous. of dolls .. ---------Weeks in month _____________ number .. ---------Weekly average ....... thous. of ctolls .. :---------TrnmAge ~ales _____ -------- ___ .,. __ tons __ :------·---Weekly average .. ____ .. ___ ... ___ tons __ i .. -------.
J Revised.
S! 2142
78 7:J
4.6
58,821 180
2G, U22 2J, t-HV
2,11)? 108 i
1, 233 116
2 1, 341 )..)9
2 4, 737 383
!Jl, 311 ,)
IS, 2G2 !)16, 171 JU:l, 23·1
83 i Q5 I
l 87 i ss I
I 9.1 I
45, 898 i 1401
21, 4g5 I 18, 403
I
I, 980 I 1061
!,in!
1, 252 156
4, 419 378
74, 703 4
18,676 41R, 762 104,691
9, 751 81,318
4,027
107.4 2,~,6Jr: 3,150
86 93
80 8S
11.0
52, 2RO wo
30,216 22,034 '
2,208 107
1, 325 115
1, 359 ' 156
4,892 378
9,124 74, d79 4,4U6
98.8 26, 3~5 2,8~7
84 87
81 84
8. 9
45,955 : 141 1
28, 4-'0 ' 17,505
2,164 i 108 :
1, 278 ' lli
1,303 156
4, 745 ; 381
95, 498 : 74, 642 5 I 4
19. 100 : 18,660 524, 7J3. 411.~3 10-l, 949 ' 102, 971
9, 074 71,622 3, 958
SR. 8 23, 38~
2,869
9, 930 76,365 4,412
92.9 24, 578
2, 903
88 91 67 65
79 81 76 75
11.9 G. 7
43, 004 45, 093 132 138
26. 597 29, 773 16, 407 15, 320
2, 030 1, 858 108 108
1, 301 1, 086 !17 118
1, 246 : 1, 244 154 165
4, 577 4, 188 379 am
74,411 95. 528 4 5
18, 003 l 19. 100 399. 779 513.095
99, 945 102, 619
3, 729 36, 315
10,734 79, 311 4, 348
99.4 26,442
2, 957
95 90
82 80
4. 7
49,480 151
30,261 19,219
1, 847 109
1, 093 117
1, 245 162
4,185 388
80.851 4
20.213 4-54. 2fi8 113, 567
April '>larch II Febru· · . ary
3, 036 . 3, 164 91 I 122 30 1 39
425 ' 434 68 : 66
!~~ l 4~~ 136 155 762 788 71 85 18 17 72 76 74 69 95 103
104 liS 131 95
no 1 n5 37 ! 29
J07 I 128 27 30
115 134
66.4 67.9
130. 9 113. I 138.5 174.3 80. 2 82.6
125. G 137.0 197.1 78.2 106.7 101.2
28.3 29.8 102.2 70.6
69.0 63.9 135.6 93.3 62.0 53.1
91, 332 112, 843 941 1, 258
34.7 44.6 136. 5 98.3 62.8 59. I
105.6 I 112. 5 66.7 ! 63.6
I i
no, 960 : no, 638
3, 766 36,006
10,902 81.956 4,073
104.5 27,844
3, 047
i 3, 828
37,803
11, 562 90,646
4, 442
109.9 29,257
3, 268
3,141 lli 37 1
412 i 51 i s6 I
465 125 781 93 16 76 56 91
142 112
133 23
122 31
172
67.3
102.9 169.4 79.6
121.8 61.9 94.0
38.6 75.1 80.0
104.3 64.4
138, f>92 1,228
68.9 39.7 65.4
100.5 59.3
724, 617
4, 015 37, 250
11, 132 I 81,747 1 5,014 I
!13. 1 1 ao, 178 I
3, 284 :
9i 97
106 97
83 85
i.O
50.070 153
31, 523 18,547
1, 957 108
1, 202 ll6
1, 337 162 I
4,496 386
102,946 ,;
20. 5~9 .063. 223 112,645
101 92
83 ' 84 87 87
6. 5 : 8. 4
52, 078 43, 008 1c9 132
31, .o20 25, 407 20,558 ' 17,601
2,059 110
1,175 117
1,360 160
4, 594 387
85, 160 4
21,290 454, 479 113,620
2,064 Ill
1,208 117
1,351 160
4,623 388
82,719 4
20, R~O 435,292 108,823
2, 591 98 36
262 48 84
445 110 690 46 10 86 36 84
121 91
63 15
105 24
137
68.7
91.3 116.2 79.8 94.0 50.8 85.5
45.1 68.1 84.6 91.1 66.8
132,609 I, 141
63.7 25.5 51.6 87.0 54.4
642,484
3, 567 33,240
9, 701 70,935 4,032
100.1 26.405
3, 215
98 80
86 81
10.6
39,422 121
24,177 15, 245
1, RR9 111
1, 0~2 120
1, 210 160
4, 181 391
82,385 4
20, 596 439,545 1011,886
2, 637 134 38
238 48 94
433 116 672
50 11 88 15 99
130 98
71 3
130 24
145
i6.3
96.4 103.4 \)6. 2 95.0 2.5. 3 9!. 7
64.0 70.2 51.0 ~8.0 74.3
112, 250 1,089
i2.9 37.1 50.5 95.1 54.5
3, 749 36,352
10,590 7S, 273
4,893
110.3 29,172 3,400
Q7 79
88 78
12.0
41,459 127
24, 8~9 JG,620
2,083 112
1,192 120
1,295 !52
4, 570 384
97,559 5
19,512 508,490 101,980
March, 1932 SURVEY OF CURRENT BUSINESS 47
MONTHLY BUSINESS STATISTICS-Continued
19a2 -,·:.·. Earlier data for itcnts slaown here mav
be found in the 1931 Annual Supple- ----~~De-----~~---ment to the Survey Januaryij b~erm· i 0b~~m·
-- ------- -- .... ------11-----1--i: DISTRIUUTION MOVE!UEN'l'-Con. I
Chain stores, sales: Retail Sales-Continued I
F. W. Woolworth & Co.·- 17,991 ; 39,713 Sales __________________ thous. ofdolls __
1
, 1,902 1; 1,906
Stores operated. _____________ number__ ,: F. & W. Grand-- ---------1: 3,158
Sales ____ .------- ______ thous. of dolls.. ---------1' 123 Storesoperated ...... --------number__ li
2,961
!,
G. c. Murphy Co.- I I, 111 :, Sales _________________ thous. of dolls__ 171 ii 172 I Sto.res operated ______________ number_
1:
!saar Stiver & Bros.- ~---------'' I, 145 , Sales __________________ thous. of dolls __ ---------!· 45
1 Stores operated ______________ number.. , 1
J. C. Penny Co.- I 9, 288 I 21,269 : Sales __________________ thous. of dolls.. 1,460 II 1,450! Stores operated ______________ number--1 11 I
McCrory Stores Corp.- '! 2, 919 [: 6 882 ! Sales __________________ tbous. of dolls .. _________
1:1 '244 i
Stores operated .............. number .. ! .! , Metropolitan- '---------11---------:
~ales __________________ thous. or doll•-+--- -----ii---------i Sto;es operated ______________ number._ I
1
:
Sales __________________ thous. of dolls .. ---------!1 221 S. H~ Kress & Co.- I 4, 274 1! 11,221
Stores operated ______________ number__ :: S. S. Kresge Co.- 1 8, 845 i' 22, !73
Sales __________________ thous. of doll•--1---------'' 111 Stores operated ______________ number.-1 ·~~-
W.T.OrantCo.- I 4,495 12,111 Sales .................. thous. of dolls __
1 _________ 1 402
Stores operated ______________ number__ ;1 Five and Ten-chain group: i 115 1
1 279 : ActuaL _______________ rel. to 1923-2Li 155,1 1[ 143.5 Adjusted for seasonaL-rei. to 1923-25.-i
Warehonsl's
Puhlic merchandising warehouses, , , : space occupied. __________ p, ct. of totaL-;---------1: lili. 5 :
Total trade:
FORF.WN TRADE Canadian
Exports ________ ........... thuus. of dolls._1 Imports ___________________ thous. of dolls._ j
Unlt~d States Export.:
Grand total, Including _
39, OG3 I' 5·1, 2!8 34,115 i· 40,290
1:
22,005 1, 906
1, 740 123
I, 578 172
610 45
16,493 1,458
3, 469 244
565 83
5, 587 221
11,220 710
6, 485 400
148 146.6
66.6
58,430 46,911
832 45
17,968 1, 458
3, 881 244
643 83
5, 700 222
12,498 705
7,423 400
1G9 152.0
i 6S.3 i
56,534 45,933
!
21,732 1, 902
1, 699 ' 121
1. 490 ' 172 :
607 ' 44
14. 577 1'457 .
3, 260 244
571 83
5, 295 220
10,957 703
5, 570 386
142 156.3
21, 712 ; 1, 895 :
1, 565 119'
1, 519 172
589 45
13,257 1, 4S6
3,214 243
518 83
5, 286 218
10,976 699
5,39S 381
143 160,0 1
I
65.7 64.6
49,909 ' 49, 894 4.1, 379 4 7, 308
1931 I '
J~ly _I __ June ~--!I~~Y i I
I I
: Apr~~-~~-~arcb_I.F-~~}'1~~~~nuary : I ' i ' I
i I 21, oN I 21, 978 24, 111 1, 889 1, 889 1, 896
23.830 21. 724 19, 386 1 10. 241) 1, 896 1, 894 I, 888 I !, S~li
1,628 119
1,833 U9
1,825 118
2, 004 1, 664 1, 431 I 1, 371 ll7 116 114 112
1, 475 1, 569 1, 649 1, 588 1, 329 170 169 168 168 166
594 692 69S 723 596 45 45 45 45 45
12, 7i9 14,832 15,450 16,380 12, 443 1, 454 1, 4S3 1, 453 1, 454 1, 454
3, 004 'I 3, 240 a. 412 3, 703 3, 381 242 ~43 243 243 242
558 702 713 722 508 a a u w ~
5, 104 5, 467 5, 469 5, '/61 5, 259 218 217 216 216 213
10,722 11,8961 12, 123 12, S90 11,035 696 694 690 688 6h4
s, 221 o, 289 I 6, 606 6, 4o2 5, 334 37S 371 3(;7 364 354
140 148 156 160 144 148.5 161. 7 168.0 167. 9 158. 7
63.9
50.671 I 48,379
64.7
55,320 52, 508
65.8
60,845 73,457
34,674 51,189
66.8
56,296 75,348
1, 204 166
513 45
9, 640 1,453
2, 946 242
445 94
4, 487 211
9, 770 683
4,347 350
127 162.5
67.9
44, 91~ 50,994
1, 221 16U
47tj 45
9. 725 1; 452
2, 903 242
487 95
4,400 211
9, 825 681
4,110 350
125 IIH.8
68.9
45,(i:14 50,414
reexpnrts. _______________ thous. of dolls .. ' H9, 901 !83, 578 i 193,554 204,904 180,220 164,822 180,1170 By grand divisions- :
187,190 203,991 214,888 235,881 224, 413 2 249, 598
~~~c~~~o~~;,;,.-,;ir:.::.::-·-thous. of dolls._i 3, 140
TotaL.- __________ thous. of dolls __ , 38,667 Japan _____________ thous. of dolls.-, lli, 945
Europe- , TotaL ____________ thous. of dolls __ , Franee ____________ thous. of dells.-: Gern.1any _________ thou~- of dolls __ ! Italy _______________ thous. of dolls __ I United Kin~<iorn __ tl:ous. of dolls __ ,
71,082 9, 3•10
12,058 4. 487
28, iJOti North America-- :
'l'otaL ____________ thous. or dolls __ j 29, 73i Canada ___________ thous. of dolls_.' JS, 572
South America-
4, 317 '
43, ~60 lB, 445
g~: ~~~ i
14, .1~7 i, 076
36, C99
20,101 19,777
3, 598
41,227 14,259
100.826 8 l\81
15.694 4.108
·16, 280
38. 550 25,760
5, 376
37,221 13,131
Ill. 983 8 80°
17: 3!)~ 6,158
50,559
40, 072 26,621
4,140
34, 548 12, 370
90, 3G1 7, 72G ,
12.837 I 3,1186 :
34. 589 ; I
6,162
28,996 8, 357
71, 567 8,106 7, h73 3, 239
27, SIS
40. 941 : 44. 328 28, 002 30, 579
TotaL ____________ thous. of dolls._· 7, 27ti 10,100 1 9, 354 10,252 10,230 10,770 Argentina _________ thous. ofd•JI!s_.' 2,025 · 3,130' 2,701 3,435 3,658 4,420
Dy eeonornic classes-Total domestic exports
Oitly _ ------·-------thnus. of dolls __ !4U, 785 '180. 663 2!!10, ~IS 201.385 Crude materials ______ . tho us. of dolls.. 49, /62 '68, ~ug • G8, 039 63, 624 Foodstuffs, crude, and
food nllimals. _______ thous. of dolls__ 8,194 11arit1f:tctured food-
n, 404 13,751 13,967
li7, 31'2 WI, 404 44, 390 i 2 25, 5CO
'10, 290 : 9, 981 i
stun·s _____ . ________ thous.ofdolls __ Jij,50:J 17.G5·1 '20,719 25,34~ '18,125, 18,07.5 l<'ini,l>edmnnufaetures.thous.ofdolls __ M,640 '67,007 66,948 77,262 '83, 189: 81,069 Sen1iflnished manufac~
5, 070
34,660 10,81l5
4,648
30,277 8, 798
6,129
33,420 11,201
4, 925
36,202 14,230
4, 923
38, !113 17,995
4, 954
33,252 11, 257
'5, 516
':l5, 4:!0 '14, 745
~m ~m •m ~~ 1~888 ~~~ •mm 7, 392 8, 688 10, 121 11, 32P 12, 4.>6 13, 564 'IIi, 996 8, 286 10,819 13, 153 12,282 19, Hl5 16,960 3, 7.57 3, 622 3, 887 3, 884 5, 691 1, 168 5, 200
32, 5641 30, 915 34, 238 33, 344 39, 706 38, 626 '41!, 843
48,018 61, 247 59, 581 62,974 63, 068 52, 762 '5G, 841i 32.677 35. 030 I 41, 604 H. &51 41, 8(;0 35, 305 , 33, 557
12, 94SI12. 8G9 15, 236 16, 41i7 15, 139 15, oos '~o. 058 4, 706 4, 295 I .5, f>83 .1,803 4, 512 4, iJ22 2 5, 472
176.977 ;'182. 797'· 199.225 210.061
1
., 231.081
1
. 220.660 I , J4il. 727 '28, 376 1 29,010 I 36,484 '40, 151 56,428 47, 6i.iO ob. oz;;
13, 999 11, 119 ! 10, .546 8, 626 ! 9, 583 7, 315 8, 487 . : i
18.306 17,531 I 18, 81iS lJ9, 591i 23, 3ol 'j 22, 165 ~7, 039 88.348 '97,fi25 j'l03,43U :'ll0,C02 i'llu,2G4, 116,110 '117,009
tures _______________ thous. ofdoJ!s __ Is,g~o '20,65\3 '20,798 21,184 ''21,38(1 23,868 '27,948 Agricultural exports (quantitie,)-
i I ! 27,4SI 29,891: 2:JJ,DtiG '31,424 ~ 127,409
. All ••omruo<lities_. ____ rei. to 1910-14 .. All commodities (except
cotton) .. -----------.rel. to 1910-14_. Import;:
Orand totaL ___ . ________ ._thous. of dolls __ By l!fHntl dh·isious-
Afriea, totaL _________ thnus. of dolls .. Asia and Oceania-
'l'otaL .... ________ thous. of dolls .. Jnpan .... ________ .tbous. of dolls __
EurOJ)o-TotaL ...... ______ thous. of dolls .. France _____________ thous. of dolls __ Germany _________ thous. of dolls. Italy ____ -··-- _____ thous. of dolls_ United Kingdom .. thous. of d~lls ..
tRevised.
111
81
1:)3, 203
2,030
40,986 4,080 6, 441i 5, 045 5, 954
106
152,837
], 575
41. 114 18.803
50,231 6, 722 8. 187
137
114
!49, 480
2, J41
44.366 20, 408
49.306 6. 415 8. 274 6, 519 8,547
139 86 53 63
127 : 92 83 97 !
708 , 170,384 i 166,679 ' 174,460
1, G9i'
48,413 19, 47-l
56,302 S, U71
12.071 5 6i'
11: 27x
3, 096 :
42. 494 ' 17, 2.56 1
60.788 : 7, 799 :
12. 2o:l ' 5, 635 ;
13, 37~ .
2,400
45.581 16,052
50, 7i6 6. 551
11,373 4, 301 i
11,509
2, 384
~8. 772 16,057
51, 359 5, 451!
11, 7:l4 4, 13~
10,951
58! M 68 ~· 71 ! - I 85
!15 Mj ~ ~ Ml ~
173,455 i 179,694 IRS, 70G '210,202 !'174,946 '183, 148 !
2. 773 l 52,757 li 14,988
47,480 II
5, !ilf> 8, 937 i 4, 21;9 1
11,000 :
4, 337
49,964 15,580
51,841 6, 143 9, .512 4, 627
12,354
3, 778 ' 3, 052
53. 180 ; 59, 5.12 12, 183 18, 454
53, 387 6, 2.10
11,249 s, 741
11, 561 .
62, 174 6, 5!18
13.434 li, 1!12
13,033
2, 344
50,1R~ lfo, 2.05
51.172 6, ~80 9, 486 5,128
11, Y70
3, 500
2 nc. o3e IH, 711
252, 90H. 25,873
210, ()715 3 724
•ul, s12,
48 SURVEY OF CURRENT BUSINESS March, 1932
MONTHLY BUSINESS STATISTICS-Continued
• I 1932 II 1931 Earlier data for Items shown here mau ~----1------------;---------;--------,,--------;-
be found in the 1931 Annual Supple- [ I Decem Novem 1 s t m I I I F b I ment to the Suroeu January ber · 1 ber -
1
October e~e~ · August July June May April I March ~r;u- January
----~-----[----~------------FOREIGN TRADE-Continued I I ] I '
United States-Continued ! I[ I Imports-Continued.
11 I
North America-By grand divisions-Continued. ':.I
1
1
'l'otaJ. ____________ thous.ofdolls .. : 32,356 'I 21,229 34,142 1 40,608 41,608 45,346 47,827 44,456 45,177 46,484 50,230 42,294 143,i79 Canada ---------------thous. of dolls .. · 16,216 I 20,037 20,464 1 21,281 21,9281 20,529 22,341 22,854 24,110 23,757 24, 148 21,454 2 23,468 Sout~ America- ] 'I i I 1 otaJ. ____________ thous. of dolls ..
1
21, 97? 1 24,179 19,763 ' 21,687 22,380 I 22,567 24,133 26,068 28,844 26,917 34,599 29.115 26, 92S Argentma _____________ thous.ofdolls ..
1
1,803: 1,653 2,43111
3,309 4,753 3,595 3,042 2,645 3,215 2,638 3,506 2,849 2,356
'J'otaL_ ___________ thous.ofdolls __ , 135,203 i'2152,887 '149,480 '168,708 '170,384 '166,679 174,460 '173,455 179,694 185,706 20212174,946 2183,148 By economic classes- 1 I
Crudematerials _______ thous.ofdolls .. l 38,183 il '49,853 247,816; '52,378 '52,948 '47,692 '49,978 252,438 254,159 54,702 607156,357 '59.320 Foodstuffs, crude, and 1 :
food animals ________ thous. of dolls.. 23,433 1 222,809 219,537 20,355 18,649 21,820 25,930 27,435 30,774 28,912 33,020 28,314 27,363 Manufactured food- ;j I
stuffs _______________ thous.ofdo!ls __ 14,896ji'13,872 13,464 216,4fi9 16,483 '23,540 21,120 19,744 18,850 22,985 23,558 I 217,575
Semifinlshed manufac- 1:
' 14,655 44,947 Finished manufactures thous. of dolls.. 32,491 I' 2 41, 069 '41, 241 ' 2 50, 467
1
52, 01212 45,303 47,442 2 44, 186 24,5, 529 45, 734 49, 22fi I 41, 168
tures ________________ thous.ofdo!ls .. 26,200 I' '25,284 '27,423 '29,040 230,291 '28,324 29,990 '29,652 30,382 33,373 '39,791 31,532 '36,862
I
I' EMPLOYMENT AND WAGES li
Employment [! Factory employment, adjusted (Fed. Res. Bd.): 1' I
'l'otaL ____________________ rel. to 1923-25 __ 1 68.1 I Cement, clay, and glass ____ rel. to 1923-25.. 51.6 l'l. Chemicals- •1
Oroup _________________ rel. to 1923-25__ 81.9 ~~-
Petroleum, refined _____ rel. to 1923-25__ 82. 8 I Iron and steeL ____________ rel. to 1923-25.. 64.0 Leather and Its products .. rel. to 1923-25__ 75.4
1 Lumber and its products_ .rei. to 1923-25__ 43. 9 1,
Machinery ________________ rei. to 1923-25.. 61. 8 '' Nonferrous metals _________ rel. to 1923-25.. 57.4 ;! Paper and printing ________ rel. to 1923-25 __
1
88.3 !I Rubber products __________ rel. to 1923-25__ 29.7 li Textiles ___________________ rel. to 1923-25__ t1.1 I' Tobacco production _______ rel. to 1923-25__ 7-1.3
1
:,
Transportation-Oroup _________________ rel. to 1923-25 ... , 55.6 ·! Automohi!es ___________ rel. to 1923-25 __ 1 67.1 :i
Nonmanufacturing industries: i! Anthracite miniug ____________ rel. to 1929.. 76. 2 :: Bituminous coal mlnlng ______ rel. to 1929__ 80. 8 :; Metalliferous mluing _________ rel. to 1929 .. 1' 49.3 'I Quarrying and nonmetallic mining________ 'I
----------------------------rei. to 1929__ 48.9 ti Crude petroleum producing __ rel. to 1929 ..
1 54.9 ;,
Telephone and telegraph ____ .rel. to 1929 _-I 83. 0 I'
Power, light, and water _______ rel. to 1929 .. 1 89.3 , Operation and maintenance of electric
railroads ____________________ rel. to 1929__ 79.5 '.I!
Wholesale trade ______________ rel. to 1929 .. , 81.8 , Retail trade __________________ rel. to 1929 __ , 8-1. :J 1 Hotels ________________________ rel. to 1929 .. 1 84. 2 'I Canning and preserving ______ rel. to 1Q29 __
1 35. o ·
69.4 55.0
81.9 82.3 6.5. 4 75.3
'45. 4 64.6 61.1 89.2 7!.3 72.2 70.4
58.0 68.8
80.1 81.2 51.2
53.9 i 58.2 i 83.1 i 90.3
79.9 i 83.7 ;
106.2 ' 84.1 ' 40 7
69.3 . 55.9 i
83.1 82.2; 65 3 i 70. I , 47.4 ' 64.6 61.4 I
89.7 73.3 73.6 74.8
53.4 56.1
83.8 8!.1 52.8
59.3 57.6 83.5 91.3
81.5 84.1 90.9 85.9 60.8 I
Employees on pay roll, unadjusted: I it Cleveland _______________ rel. to Jan., l92LI ~~: ~ il 77.0 77. I
~=~~~~~~=================:~:l: ~~ lg~t~LI 76. o 74.9 Illinois ____________________ rei. to 1925-27 __ i ~i ~ :; ~j: ~ 1 ~g Iowa __________________________ rei. to 1923 ..
1 9n. 9 102.2
Massachusetts ______________ rel. to 1925-27 -+------ __ ·, 59. 2 ' 60.2 Maryland ____________________ rel. to 192·L' 6-!.1 '· 66.0: 67.2 New Jersey ________________ rel. to 1923-25 . .1 t;G.1 68. I 7!. 0 New York State ______________ rel. to 1923 __ 1
1
.58. 1 60. ii , 61.5 New York State _________________ nmnber .. 321,410 ; :lH. ~17 1 310,494 Ohlo ___________________________ rel. to 1926 .. :_________ 70 .. o: 7!.0 Pennsyl~ania ______________ rel. to 192:l-25 __ ] li9. 4 71.1 'il.1 Wlsronsm _________________ rel to 1lJ2,\-27.. o5.1 6o. 9 68.2
Applicants per 100 jobs, employment •1gencies: ! Canad:1. _ ----------·------------nuTuher __ : ___ ... _____________ ------- __ United State~- --------------- ___ numher __ :-- ______ _ Central ~tutes. _-------- ________ numbe-r __ , _________ _ EJ.~tern States .. --------- ________ number ... : ________ _ Southern St.~1tes --------------- __ num Ler __ 1 ________ _
"\Vest.ern S! ·ttes ___ ----- __________ nur:: her __ : ________ _ Illinois ________ -------- __ .. _______ uwn her __
1 22:~
\\"isconsin ______ . _ -------------- __ nun!ber __ i ________ _ Em!Jloyment Tr:.do Unions: ·
Canad<L -------P· ct. of tot~d membership __ Unit~o St~tes.p. ct. of total rumnber«hiP--1
Employment, ('anada ____________ rel. to 11126 ... ' Factories~ time operatl3d; '
Total _. _. ------·------P· ct. o! full time .. Chernie:li~ and otner
products .. ·--- _______ p, ct. or lnll time .. Foo(1 and k.indraJ. prod-
dO. 0
ucts ____________ ------P· ct. of full time __ : ________ _ Leatber and its tlnlshed .
products _____________ p. ct. offull time __ · ________ _ Lumber and its manu
hcturee. __ -----------P· ct. oi full tlme .. ' ---------Iron and stoel und their :
proclucts _____________ p. ct. of full time . .' ________ _ Nonferrous metals ______ p. ct. of full time ... _________ · Paper und prmting _____ p, ct. of fuil time .. ---------Stone, clay, and glass
products .. -----------P· ct. of full time __ ---------
'Revised.
191 217 213 1S9 80
173 2U3
70 0
87
9:3 '
82 '
78
73 80 Dl
85
211 258 ~32 257 11! 208 225
73.0 lO~l. 0
87
91
96
79
73 EO 91
S6
70.3 57.6 I 85.4 I 83.2 66.2 76.4 48. 4 65.6 6!. 7 91.0 70.3 76.0 75.8
51.7 50.5
86.8 81.3 53. s 64.5 60.4 84. I 92.7
82.7 85.2 89.8 8>l. 5
108.1
72.8 59.4
85.7 82.9 67.4 80.9 49.4 67.3 62.5 91.1 69.8 80.0 77. 2
57.2 62.0
80.0 80.4 55.5
66.6 61.2 85.0 94.7
84.0 8fU 86.6 90.6
180.1
74.1 60.1
86.6 84.8 70.3 84.3 51. 1 67.7 63. I 93.0 70.5 80.9 79.1
58.3 64.2
67.3 77.0 55.8
68.9 62.4 85.9 95.9
84.8 86.5 81.8 92.8
142.9
76. 0 75. 6 81. 3 74.5 81.2 83.2 41.7 5!.0 50.0 f>,), 7 68. 3 70. 1
105. 0 106. 3 109. 1 63. 1 68. 6 6V. I 70. 6 '12. 0 72. 3 72. 4 73. 2 73. 0 63. 7 1 65. 8 64. 0
352, 4;\3 :{64, 265 ' 353, 89.5
,~ij .~~ ~ i ~~:~ 70.7, 75.0' 75.6:
151 221 : 2G9 ' 231 • 2n4 1
118, 2!l1 2 .. 19
81.7 74.0
103.9
88 :
93 :
96
82 i
74 83 92 ' I 88 i
81.9 ' 74.0
107.1
S8
91
96 I
90'
83
74 82 ' 92 i
88
266 217 273 212 ' 411 ' 94 !
214' 199 :
84.2 : 71.0
105.2
89
95 '
93
83
76 : 84 ' 93 '
!
90'
76.1 62.7
89.4 87.1 72.1 84.8 52.0 70.3 64.2 93.0 73.8 79.6 81.4
60.2 67.6
65.1 76.4 56.2
71.0 65.3 86.6 96.7
85.6 86.8 83.9 93.3
102.2 '
8G. 3 84.4 61.8 70.5
108.7 67.6 72.5 72.6 64.2
355,504 78.2 72.5 79.6
237 209 247 235 265 94 '
2.50 186
83.8 74.0
103.8
89
92
P6.
92
84 '
76 84 93
90 '
76.0 64.4
89.6 90.2 72.6 83.11 M.4 73.4 65.4 93.6 i5. 7 78.6 80.4
62.4 70.7
76.1 I 78.4 60.0
72.3 65.0 86.9 97.2
86.3 87. 1 89.1 91.6 70.6
83.8 85.6 73.2 72.3
llO.I 69.0 73.8 73.6 65. ~
362.885 81.3
'74. ,) 76.7
206 205 246 221 2i7 84
245 212
83.7 75.0
103.6
89
95
95
90
85
77 84 94
00
77.8 65.4
93.0 94.5 74.8 84. ~ 55.4 76.3 66.6 95.3 74.0 81.2 82.1
63.2 70.9
80.3 82.4 62.4
75.0 67.8 ' 87.4 : 97.6
8.5.9 87. 1 89.9 92.5 56.0
78.0 65.2
91.7 94.0 76.5 84.0 55.4 78.0 66.5 95.0 70.5 80.2 82.1
63.8 70.3
85.2 85.9 63.9
76.1 69.8 88.1 97.1
86.8 87.4 90. 1 95.9 59.6
86.9 88.8 86.3 8fj, 9 80.4 S35 74. 5 75. 6
ll0.1 111.0 70. 8 72. 2 75. 9 : 76.2 75. 3 ' 75. 7 67.6 ! 69. 0
373, 993 : 332, 045 82.7' 83.0
277.2 2i9.1 78. 1 I 77.9
JG,)
181 : 206 ' 1~7 345 ~6 i
218 1 197 '
83.8' 7ii.O:
102.2
90
96
9G
91
85
79 85 9.0
91
151 177 1~9 18! 237
8Q 2\.1 172
S5. 1 75.0 99.7
91 '
97
96
92
86
80 86 95
91
77.9 65.2
89.8 87.2 76.6 82.2 50.7 79.3 66.6 94.7 68.4 79.7 83.4
64.3 70.2
82.0 88.8 6.1. 5
iO.O 72.2 88.6 96.7
86.4 87.4 87.8 96.8 ' 53.0 i
I 110.0 I 88.! !
83.0 76.6
112.5 71.9 76.2 77.0 69.6
384,983 82.4
279.2 78.2
147 179 I 215 : 202 ' 2~~ ~
2281 197
84.5 74.0
100.2
91
9t)
96
91
85
80 87 96
91
77.81 65.0
94.5 97.4 75.9 78.4 56.3 80.6 66.8 94.9 7!. 4 77.2 84.6
6!.9 68.8
89.5 91.5 65.3
66.6 73.2 89.2 97.8
86.6 88.2 87. 1 ' 96.8 : 48.3
90.0 87.6 8!. 2 76.5
114.6 71.2 75. 5 77.4 68.5
379.089 : 80.9 '
·~o. o , 77.6 :
HI 202 2:12 209 21i5
89 2!i0 250 I
g.;, 4 ' i3. 0 .
W<.l. i !
ooi i
~2 '
84 '
~0 !
&7 ' 95 :
90;
78.3 64.4
96.6 99.7 7i. 5 77. I 56.3 81.9 69.2 9.). 6 73.7 75.5 8!.3
67. I 12.3
90.6 03.9 68.3
fi.J. 4 74.8 90.5 99.2
86.9 8~1. 5 90.0 ~15. 0 4K 9
s:J. s 87. 1 76. 5 70. 3
ll:l. 8 (i\}, 4 13. 6 77.9 (i7. 5
37:3. :304 7\J. 0
~ /.~. g 7G. 9
156 2~4 261 2F·4 2\)'3
IJl 331 230
84.0 73.0
JOi. 7
97
89
90
March, 1932 SURVEY OF CURRENT BUSINESS 49
MONTHLY BUSINESS STATISTICS-Continued
Earlier data for itetrnl shown here mau -c----,----c-----,----c----, I 1932 II 1931
be found in the 1931 Annual Supple-~--- I ' 1 I j I ment to the Surr>eu J~nua:_: I D~cecrrn-_ Nobe~m~ ~ctobe~~:~~m- f August ~-~~- Jun~ ~~ April March F~~~u- January
El\IPJ,OYMENT AND WAGE8--Con. I 11 I I I
Employment-Continued I ' I Factories, time operated-Continued. 1!
'l'extiles and their prod- I 1 I ucts ...........•..•.... p. ct. of full t!me .. [--------- 91 I 90 91 91 92, 92 92 93
Tohaccornanufaetures •. p. ct. of full time .. 1 _________ 1 871 8.5 84 851 88 87 87 87
portatwn .........•••• p. ct. offull time--1--------- 88 88 , 88 89 1 90 89 91 921 Miscellaneous Indus- . 1
tnes __________________ p. ct. of full time .. ]_________ 84 83 : 85 85 I 85 85 86 88,
93 86
112
88
94 87
91
87
93 85
91
87
Veblclesfor lund trans- . i I
F~derni Civilian Employees (Wash- [ 1', . I I mgton)--------··-·······-·-···-···number .. r.--------·1 69,435 I 69,894 1 70,056 t0,580 I 70,885, 71,658 71,693 72,417 72,297 71,917 71,162
Hours of work in factories: I [ 1 I A_ctuaL ..........•....••• hours per week .. I 37.2 I 38.7 2 37.7 i 38. 2 39. 2 39.9 : 39.9 40. 9 42.7 41. 7 41.8 42.3 NommaL ............... hours per week . .! 47.9 1 47.8 '47. 9 , 48.0 48. I 48.2 j 48.0 47.9 48.0 48.0 48.2 47.9
Labor disputes: I r· I : I I I Disputes ........................ number.-[---------1 44 ! '35 1 • 41 t59 ! 43 1 54 51 49 39 27 34 1>!an:•la~s l<~st in month ......... number.. 1 _______ ..
1, 189, 704 i'
2355, 40G 'l ,038,063 49~, 024 11,213.120 , 666, 309 506,097 402,437 769,720 422,545 228,329
\Vork·e'" m\olved ............... nurnber .. , ..........
1
1 4,na5
1
14,363 2H,ti96 1
3t,164
1
17,003 58,995 17,071 15,735 22,604 28,139 12,512
1
Labor turnover: I I ' Accessions ....... p. ct. of no. on pay ro!L.i 48. 8 I 38. 7 42. 7 32.4 ' 43. 6 30. 6 35. 5 29. 3 32. 8 37. 2 43. 2 36.8 Separations- I 111 '
Total._ ...... p. ct. of no. on pay roll __ i 39.4 1 40. 4 46. 1 73. 2 1 68.4 43. 2 54. 9 621.. 9
8 45. 1 41. 6 34. 8 35. 0
D"chargcs ... p. ct. of no. on pay wll .. 1 2. 2 i! 1. 91 2. 0 2. 5 1 2. 9 1 2. 6 2. 9 3. 3 3. 81 3. 1 2. G Lay-ofrs ______ p.ct.ofno.onpayrclLi 28.811 30.7 35.7, 59.0I! 51.4!' 28.2 39.1 46.7 28.6 23.9, 20.6 22.8 Volu.ntary
1 \ !\ : .
,.. qtuts ....... p. ct. of no. on payro,L 1 8.4 'i 7.81 8.5 i 11.81 14.1: 12.4 12.9 12.4 13.2 13.9] 11.1 Ohio construction, employ· I •! j , 1 i
rnent. __________________________ rel. to 1926 .. : _________ ·j 37.5 45.4' 1
,,"2\2
5: 58.3 I 60.0 i 62.8
Railways, employees on pay rolL.thousands .. :---------}--------1 1,169 . 1, 254 ! 1, 288 1, 310 Wages i 1 I I
Factory pay rolls (Fed. Res. Bd.): I :1[ I 1
TotaL ____________________ rel. to 1923-25 .. > 52.4! 5.'\.8 I 56.2' li9.4 61.8 Cllmcnt, clay, and glass ____ rel. to 1923-25 .. ' 31.1 :[ 37.4 j 40.9 , 43.9 .
1
46.1 Chemical:;-- l I! 1
Oroup __________________ rel. to 1923-25 .. > 71.4 :: 70.0 j 7tl. 4 88<01 .. ~ I £0.8
I'etrolenm refining ..••. rd. to J!l23-25 .. / 75.9 11 77.81 2 77.9 0 83.0 Iron and streL. ............ rel. to 11)23-25 .. ' 3<\.3 11 41.0 41.2 i 4::!. 9 ! 45.2 Leather audits products ... rei. to 1\12:1-25 __ 1 53.3 50. R 47.0 ' 5G. 4 1 67.7 Lnmher and ile vroducts .. re,J. to 11<2:l-2.5 .. i 2C. 6 31.21 34.4 3R. 2 , 40.3 Machinery ________________ rel. to lg23--25 .. 1 44.5 48.9 48.3 1 50.2 I 51.2 · Nonfecrom; ru<'tals ......... rel. to 1923-25... 44.9 48.6 I 4
980:86
, 49.9 : 50.2 i !'a per au<! printing ........ rel. to l\123-2G__ 85 .• 5 m. 0 9l. 4 • 90.4 I
Hnbh,;r produets .......... rel. to In3-25 .. ; 5il. 0 ,o2. 0 I 50. l 53. 7 M. 6 ' Textiles ___________________ rel. to 1V23-25 __ ! 56.5 ,• 58.1 l 59.3 66.0 71.0 ; Tohaeeo products .......... rel. to 1923-25 .. , 53.0 'I 58.9 i 64.5 6-1.5 62.7 Trunsport:ttion- ' ! ,
Oroup _________________ rel. to 1923-2!1 .. 1 H-3 , 47.1 I 45.2 45.3 45.6' Autonwhile ............ rel.to1923-25 ..
1 47.71,1 48.0[ 42.3 41.4 41.5
to: onmannfHcturing industries: , , 1 Anthracite mining ... -------•... rcl. to 1929.. 61. ,) ,I 78.8 j 79.9 ' Bitumincus coc..l mining _______ rrL to 1929 __ : 47.0 1 52.3 j 54.6
91.1 . 56.2 37.4 :
64.9 53.6 ' 40.0 :
64.3 : 48.1 .
80.4 : &1.6 i 50.6 75. i\ 41.3 : 61.9 i 52.9 Q3. I I 62.2 70.2 . 66.3 i
60.9' 50.4 I
56.4 50.6 40.2
64.4 49.4
82. ~ 89.6 52.4 72.6 41.7 57.-! 54.5 ' 93. G 64.0 65.9 e? .. s 52.7 53.2
53.7 50.4 41.3
63.3 1,317
67.6 54.4
84.1 91.1 57.6 66.7 44.6 62.4 59.1 96.6 72.4 65.7 %.r.
58.8 62.1
66.7 52.4 46.1
61.3 1, 337 '
72.1 56.7
88.4 96.1 64.9 68.7 . 45.7 i 67. s I 6.'l.4.
100.0 71.0 71.7 68.3 '
66.1 ' 75.6 i
76.1 I
54,4 I
60.0 1, 331
73.6 55.7
92.0 96.7 69.1 ' 70.6 i 44.9 . 69 7 : 65:4 •
100.6 I 66.8 !
76.8 ' 65.7 '
65.3 70.8
75.2 ' r.8. 6 ' 51.4 '
53.7 1, 319
74.9 54.0
89.8 90.8 70.0 73.4 46.2 72.0
18¥: ~ I 6::!.21 81. g ' 68.3 I 64. l II
67.7
71.3 ! 65.2 I 52.8 i
I
v.n 51.9
1, 316
73.2 51.4
92.9 100.8 67.5 68.8 45.6 71.9 64.4
100.7 6:l. 8 76.9 65.3
62.2 61.1 101.9 68.3 54.6
90 88
89
88
71,252
40.2 48.0
20 181,031
2, 927
35.0
33.9 f2. 2 23.0
8. 7
49.4 1, 334
68.4 46.6
no. 4 99. :J 62.4 60.6 44.0 69.9 64.1
101.3 63. 8 fiS. 4 64.3
51.8 40.0
89.3 7:3.3 55.0 Mi:tlllhf,·rous miuing ___________ rcl. to H.l'l9 __ , 2P. 7 34.3
1
. 35.1 QuH.rrying u.ntl ncmmetamr miam~-- ___________________ rel. to 1929 .. ' 30.2 36.9 1 43.3 48. 7
.54. 4 9i. 6 93.2 '
I
51.2 J5,1), 2 I
92.1 • 94.3
5~. J 66.3 ' n.3 96.2'
67.3 5~. 2 93. :l 97.4
60.1 62.7 95.0 us. 3
49.3 I
62.3 64.7 94.1 98.7'
62.6 66.3 95.0 97.6
58.2 I M.4 50.4 Cru.lP petroleum producing .. reL to H;2\J__ 46.5 54. 9 i 52.0 Tele-phone and telPgrHph _____ reL to 11J2\L_, 8Y.l 92.7 1 89.7 Power, li~ht. nud water. ...... l'>ll. to 1V29.. SS. 4 91. 2 1 93. 3 Opt!ralion and maintenance of
eiPctrie n:ilrnAds_ ........... rei. to l\i29 .. : 74. :J \VhoiPFale tnt1 !~-- ___________ rd. to 1~2\l __ ; 74.1 Ht>tall tr~·,dp __________________ td. to l~2H___ 7"!3.0 IIoteh _____________ . ____________ rei. to l92~l __ ! Ia. 9 CauninLS and rrc~~rving .... ___ n:L to 1929 __ ; 31.8 !
77.8 i7. 8 94. 1 7.1. 4 36.9
Farm wage~, without board 1 ;;
______________________ doli,. per month •• ---------: '30. 53 Industri:il pay I oils: '
Total. rnt·nthly- : Dt h.wrtn• __ ----------- .reL to 19Z:1-2.~-- 1
~~~: ;~-(~~~~~=========~~~1--r~f. ~~r~~~~:: l\_~rmsylvania __________ rcl. to 1923-25 __ \ \ViSl'Pnsjn _____________ reL to 1925--2'--i
b7. 8 (;0. 5 51.7 4G.1 44.1 ,---------:
Weekly- 1
;.;f''W York State _______ tbonH. of doUs __ l 7, 7V8 ,: 8, 254 ; Road huilding. WH.!!t'S of common labor: j
By gcognl}lhic <.;ectior:s- 1
L-'n1tcd :-::tf\ti..'SB-\'en.g(' __ cent~ per hour_. I 32 i Eust I\'ortlJ Centr::d._ .. ('cnt-: per lwur __ j 40 Ea::--t Gouth CrntraL .. crnts per hour--i ltJ 1'liddlt• AtlaGtic _______ ccnti' per houL-! 37 , M0untain seetion _____ crnt1' pl;'f bour __ l 4fi ;' ]':ew England _________ cents pr,r hour__: 41 Pnl'i1~c ~rction ________ cents pt-r br.ur__; .. 1~2 : South A tlantie ________ (•f•n!s per hour_.l o
West Korth C'entmL.cents per hwr .. ! 38
33 40 18 3S I
47 43 51 ' 21 36 23
79.7 7\:l. 7 85.4 77.1 48.1
54.7 65.8 ; 5t). 2
'51. 1 50.0 i
8, 471! I I
34 I 3s I ~~ I'
46 431 51 . 21 ' 361 23 ' . \Vc:-:t Pou!h C(lntr;lL.c·cr:ts ptr llour._i 24
Rt:.i.lway-:;;, a\"PHlg(· hourly Wi-'.ges ______ dollarS .. !--------- --------- ---------i U.S.Stet\1C'orpn.,wageratcs.Lentspcrhour __ i 45 45. 45i Weeklyearnii!¥Suffe.rtory bbor: I
Un;tf•d 8t.HlPS, totals, 23 industrieS-Or and t.'tal_. ________________ dolhrs ..
1 19.74 20.74
77.9 (irantl totaL _____________ rel. to 1923 __ 1
74.2 J\-1en-
1
TothL ................... dnllars .. l 20.81 , 21.99 'fotaL_. ______________ rel. to 1!.-J23 ___ , 72. n 76.7 8killP<L .................. dollars .. j 21.84 22.56 S_killed ................ rcl. to 19~:3 .. 1 70.9 73.2 t:n>kiiled •••. -............ dollars .. l 10.28, 11.00 Cn,killed ............. rel. to 1923.. 73. 1 7G. 3
\\'omen ..................... dollars __ [· 12.79 13.63 Women ___________________ rel. to 1923.. 74.2 79.1
tJlevised.
i I 20.29 '
t 76.2
'21. 54 '71J. 1
'22. 20 72. 1
17.07 7fi. 6
'13. 37 : 77.6 1
7H 0 i 79.9 84.6 79. 7 77. e !
81.2 81.4 83.5 ' 81.9 1
129.4 :
gl,g: 82.1 80.3 . 83.8 '
104.7 '
83.3 83.3 83.3 85.2 74.2
I t 34.22 :···--··--'···------
61.0 6R. 9 f.9. 0
2 54.5 ' 52.8
8,897
3o 37 ' 19. 37 ' 46 42 51 21 35 I
24 .664
45
21.21 79. 7 1
22.60 78.8
23.10 75.0
18.05 81.0 '
lo. ss I 80.3 i
64.1 6fl. 6 . 63.0
2 54.3 55.6
9, 493
34 36 18 36 46 43 50 20' 35 24
.6G9 45 I
21. 7.1 81.7
23.08 80.5
23.95 77.7
18. 19 81.6
14.57 84.5
68.9 ill. 7 61.6
'57. (I ' 58.9
9,279 :
36 !
35 19 37 47 44: 60: 20 35 22
.662 50:
22.49 84.5 :
Zl. 81 83.0
24. 7t) 80.4
18.86 84.6
14.78 ' 85.7
68. 7 7U. S 62.0
'57. 3 610
9, 347
36 35 20 36 45 45 51 22 35
• 6~~ I 50 i
22.34 . 84.0'
23.65 82.5
24.89 80.8
18. 92 1
84.9 ' 14. 79 ' 85.8 i
84.8 84.1 87.6 85.4 68.6
137.90
78.0 72.0 G3. 2
2 61.5 64.2
9, 524 I
37 '
~g i 36 ' 46 4·1 E1 21 35 ' 20
.659 : 50 :
23.07 86.7
24.42 85. 1
25.71 83. 4 '
1~7~~ ! 15.17 : 88.0 I
85.1 : 84.7 ' 88.0 i 87.7 i 56.0
I
10, 046
37 37 21 38 45 45 50 : 21 ' 36 22 I
• 6(i4 ! 50'
24.25 i 91. 1
25.76 89.8
27.04 87.8
20.75 93. 1
15 37 89.2'
I Quarter ending in month Indicated.
86.6 8.'i. 2 88.3 89.9 57.1
10,414
35 36 20 38 43 A" _, 51 22 36 21
.664 50
23.82 89.5
25.35 88.4
26.49 86.0
20.46 91.8
15.22 88.3 I
~~~·. 29 'I' 70. 0 71. 5 V 94. 8 I ~fi. 3
102. 4 I \19 7 I 98. 6
88.1 ' 87. 1 i s.o. 6 89. I i 88.4 I 87. fi
~UI g1:~l §U 60. 3 I 48. 6 I 4<1. 1
138.37 1---------:---------
, I
~1. 7 I 79. () I 77. 3 . 1s. f) I 11 1 1 68.8
' 69. 7 1 6R. 6 !
77. 0 77. 5 Cfi. 7
'67. 6 60. f) 68.8/ C5.8i
10, 723 ': 10, 3C5 I 10,048
I I 37 ! 361 41 ! 831 21 I 22 41 i 39 44 i 42 48 : 48 5° • 51 z4 i 241 ~.,31 i ::16
2s 1
.6!39 I .68fl I
sn 1 t~o 1
' I 23. 93 I 24. 29 1 89. 9 i 91. 3
I
25. 3~ i 88.3 1
26.49 I 86.0 ;
20.78 I 93.3 i
15. 62 90.6 :
2.1. 83 90.1
26.91 87.3 '
20. ;;o I 93. 8 I 15. :J3 88.9
36 37 21 40 44 48
37 26
. 670 .50
23.07 &G. 7
24.45 8~. 3
2!i. 89 84.0
lU. 77 R8. 7
14.79 85.8
50 SURVEY OF CURRENT BUSINESS :\larch, 1932
MONTHLY BUSINESS STATISTICS-Continued
Earlier data for items shown here mag be found in the 1931 Annual Supplement to the Survey
1
/=3~-~ Dec~m- Novem-1 -- -- isept~m-' - - I - -~~31 -------~-- I January
1 ber ber I October\ ber
1 August I July June May , April I March I Fea~~u- /January
- ---:----- ---,----1 ----- -- -1----~---- ---i---:- -- 1---E>\IPLOYMENT AND WAGES-Con. lj I I I :
Wages-Continued 1: 1
2~98~ !'I :\"~ ::';: lT~ ~: I Weekly earnings of factory labor-Continued. 1 11
Totals b~ l'itatcs- . 11 Delaware .............. rel. to 1923-25 .. i SO. 2 : Illinois_~---------------------d(lllars __ : 21. U3 i Illinois _________________ rel. to 192c··~7 .. r 76. 4 :I New Jersey .. __________ rel. to 1923-25 .. 1 95.8 I, New York ____________________ dollars .... i 2·1. '27 t: New York ________________ rel. to H•23 .. i 60.1 1 Penusylvania __________ rel. to 1923-25 . .1 72.5 \Visconstn.--·-------- ... ~------dollars .. .' H). 76 Wisconsin _____________ rel. to 1925-27 .. ! tJf). 0
Youngstown district, wages of ! 1, Btfoel workers ____________ p. ct. or base scale.-: _________ :
CONSTRUCTION
Building Costs
Bu!idmg costs (A. G. C.), lst of month. _______________________ rei. tu 1913. \'jO ,
Building costs (E. N. R.) 1st o! month __________________________ rel. to IUJ3 __ : Jol. '•
Building materials: : Brlrk house,lstofmonth _____ rel. to JQ13 .. : Frame house,1st olmonth _____ rel. to 1913 ••
]()]
13ti Construction eosts lAm. Appraisal): :
Brick, steel frame _____________ rel. to 1913 . .' 108 , Brick, wood framc ____________ rel. to 1!1!3.. JBn Frame ______________________ .rel. to 1913 .. , 15:l Reinforced concr>te __ .. __ .... rel. to l!ll3 .. loS Factory co•t• IAI!<rthaw) ____ .. rei. to 191-1 .. ' ... ______ _
Building volume (A. G. C.) ______ rel. to 1913 .. _________ ,
Construction Contracts Award~d
Total construction, F. R. B. adjusted ________ rel. to 1923-1925 ... :
Total construct-ion, all types: F. W. Dodge Corp.- ;
81. 'i 21.63 ' 76.2 1
96.3 24. G6 i !l0. 5 7 !. 4 '
18.0:2 71.2 I
107.5 I
liJO
lGC. 2
JUJ l .:G ,
15\l : 169 ' 15-t !GO
3fj':Z 79
38
80.2 21. 12 74.4 97.0
24. 91 91.4 72.9
17.95 70.8
107.5
169.3
163 158
2lf;O 170 15G
2 IGl
1!9
49
90.0 22. 16 78.1 99.4
25 2fl 92.7 76.3
18. 13 71.7
J0T. !l
192
169.8
1112 156
161 172 157 1C2
125
55
87.0 22.52 79.4 95. I
2fi 07 95.7 ' 75.3 I
18.24 i 72.2 i
IQ;, 5 l
1Q3
171.4
161 . 1.>4 I
91.21 23.70 : 83.51
101.4 26. 2:J I 96.3 78.4 I
19.43 i 76.4 i
107.51
84.1 84.3 86 .• ii 88.1 88.61
~~2a~ I ~~~2~ ~~~8~ ~~~2~ ri5s~ ~u II ~: ~ ~~: ~ 1~: ~ 1g}. ~ I
19. 37 21. 16 21. o:; : 22. 26 22. e9 75.7 82.8 84.9. 86.7 88.1
101. o 1 uo. 5 uo. 5 115. o 115. o ! I I
100.8 ; 25. 2Y ' 89. 1 i
106.2 n a5 100. 4 86.8
21.64 8!. 3 '
113.5 .
1951 1961 W7 199 ll>ll : 200 :
194. 51 196.6 174.4 !
164 : 155 I
187. 2 I 189. a 1
191.6
166 1 167 ! 167 158 1 160 ! 157
110 I 111 , 163 I 1M ,
195 i 111.4 I
! 163 1
156 1
163 I 163 : 165 : 174 ; 176 ! 177 '
166 i 16C 172 179 l 180 ' 1~6
1781! 179 '
59'
165 I 166 172 1681 169 175
>!76 1---------- ·--------1371 107 87
651 66 73 63 I
1o9 : wo i 162
. m ! _____ :~~-~-----:~~-: 135 I 114 I 140
I
!
192 194 ' 178 17P 181 182 :
1181 1-------78 I 99 ·
I 79
I Projects _____ ... ___ ---------_ nnm ber __ ' Floor spa~-e ___________ thous. of sq. ft..:
t 650 :~ 12, 6!ll 84, 79.~
.. i 5, go) 1. Ol4 8,101 9, 1o.s 9, 242 I 10, ~63 1 10. R06 30. 631 1 33, 812 , 33.651
233, 106 . 285, 997 ,'316, 148
11, 506 11, 888
771 10,788 37.U5
369,981
7,629 28,339
235,405 17, 2!0
136,852 20. 519 30. 100 so. ons 38, ~41 39, 380
Val!lation _____________ thous. of tlolls __ , Publlc works and utilities:
151,106 242,094 251,110 aoo, 079 336, g25
Projects ___________ .. ---------- .. numb~r .. : Floor space _______________ th,ms. of sq. ft .. ! Valuation. _________________ thous. of dolls .. i
Residential buildings, all types: \ Projeets _____________ ------ ....... number .. i Floor srmce _______________ thous. of sq. ft .. ; Valuation _________________ thous. of dolls .. :
Contracts awarded, Canada .•. thous. of dolls .. f Engineering construction (E. N. R.):
Total public .• ____________ thous. or dolls. _I Water works __________ thous. of dolls .. I SewHrs ________________ thous. of dolls .. • Brid~es, public .••••••• thous. of dolls __ : Excavations ___________ thous. o! dolls ... :
~~J~:ar~qo~e~~8meiit==ig~~~: ~; 3~ll~:: Unclassified, public ••. thous. of dolls ... : Buildings, public ______ thous. of dolls __ :
Total, pri,at.e _____________ thous. of dolls .. , Buil<lings, industriaL.thous. of dolls __ ; Buil,iings,commerciaLthous. of dolls __ i Bridges, private _______ thous. of dolls __ : Unclassified ___________ thous. of dolls .. !
Fire Losses
53il 300
21, ;)5(j
2. (i39 d, 922
27, b0-1 12, 7JS
51, 07:l 1, 2S1 ~ •)():-;
~: 7gs 323
11, 1~0 Hi, 416 1 ')~~
1·1: ii2t :~H. 7tl6 s.n~:j
27.506 100
2, £10i
United States __________________ thons. of dolls __
1
: 3~. 225
Cana<la _____ --_---~~~;~s~~~~-tlwns. of dolls.. ;;, 41~ !
Market actt\'lty __________________ rel. to 1926 .• __ ·------,! lllghwa:rs
Conerete pavements, new contracts: TotaL __________________ thous. of sq. yds__ 2, 524 Road .. _________________ thous. of sq. yds .. i 2. 2.o2
Federal-aid hi~hways: I Complete<!- 1 l
977 280
&0,307
3,1':07 8, 753
3tl, 164 11,207
76,489 2, 414 4, 786 6, 789
5!'8 26, 427 16.620 3, 370
15,525 48,642
7, 995 22, 837
2.5 17,785
-10,.514 a, 707
645
ij,3M 4, 215
j;?:iance~~~~~~~~~::~~: :~_o_~~~ ~~~?1~~:: II,::::::::: rl ::::: :=::: Un<ler ronstruction, end of month.rniles __ ........ -~---------!
PUilLIC UTILITIES i I 1
I !
992 I 271
47,410
1, 2S8 171
82,462
4. 257 5, 2~8 10, g58 15. 217 45. 200 f;O. 540 2·1, 642 28, 789
82.031 106, 113 3, 316 ' 3. 038 7, 500 5, 176 6, 561 15, ~17
~42 I. 624 18, 992 2S, 703 22, 224 ' 18. 821 s 400 ' 8, 108
14: :l<l6 ' 24, ~21i 56. 727 119, ()1;0 8, 837 19. 141
24. 022 · 86. 12S 800 : 450
23. or,s 13, 341
35,288 2, 307
59.0 '
4,3flt! 3, 559
3~, ~02 .,,.>10
63.2
4. 009 2, 482
42, OR7 ' 65. 340 1. 435 2. 113 7. 928 9, 028
Hectric Railways 1 l i Average fares (272 cities) _______________ cents_J ________ i---------~ 8.1!4 Passengers earrie;J (2:l2 co.'s). thous. of persons .. !. _____ . __ ·i 802, 149 j 740, 461
8. 114 794, 7~il
Operating revenne (all railways) l ! , ---------------- ____________ thous. of dolls .. : .. ______ j. ---- ____ : on, 211 59,701 .
Gas and Electric Power I
Electric power comp~nies, gross : :I reveuue _____________________ thous. of dolls .. • ...... ___ ,[ lSii. 050 , EO, i'l0 178, C30
'Revised.
1,800 353
8-i, 139
5,090 12. 992 54, 51>3 33,658
120,157 6,390 7, 733 9, 948 2, 365
29,810 1, 637 4, 7:13
26.491 47,799 10,021 25,446
944 11,388
3:3,203 : 2, 905
60.3
8, 702 6,182
53,415 1,887
10,659
1, 7191 2. 048 i 2. 030 n1 1 1, ZJ3 , '1,117
72, 9641116, 265 i' 140, 780
5, 141 5, 658 ' 5, 972 14, 124 15. 889 : 16,913 Bo. 2o3 I 63, sua
1 12. 145
26, 143 28, 055 ' 21J, 793
82, 4531148, 784 ! 125, 737 1. 153 5. 536 'I 8. 016 6, 059 5. 697 5, 370 6, 909 28, 520 I 5, 786 1, 711 I 1,1il0' 1,419
31,088 56, 511 I 62, 471 10, 8391 22, 560 120, 158 5, 990 4. 129 3, \)65 18. 704 24. 651 18, 552 66, 448 96, 326 70, 589 11.801 I 13, 6il3 I 13, 901 33, 2M I 55, 242 I 40, 986
137 2, 250 1 25 21,254 25, 171 I 15, 677
I i
31,918133,0251 33, 368 2, 819 1, 9991 12, 427
59.8
7, 675 5,437
26,799 943
ll, 884
I 61.1 :
' I
12.470 I 9,3091
26,1641' 1,018
12,207
i
58.4
15,957 13, 536
13,994 6.)1
12,306
8. O<J6 ' 8. 091i 8. 091l ! 8. Of>9 734, 0.56 712, 660 73n, 617 ! 787, 453
55,9613 ; 55,835 56,981 60,232
2,141 387
108,948
6,652 21.911 88,900 36,896
122,036 5, 248 3, 254
11,801 4,198
63,167 10,340 5. 422
18,606 95,797 12,606 04,413 6, 248
22,530
37,835 3, 867
61.3
12,303 10,038
5,059 225
11.229
'
1,907 785
132,993
1,681 522
151,722
7, 221 6. 4S6 22. 633 22. 090 95,896 100,913 22, 708 27, 312
176,075 10,219
7, 727 9,916 1,143
81,82.3 26,389 8, 214
30,!;44 140,830 22,965 67,444
50 50,371
41,424 3, 602
62.0
24,671 21,982
9,100 254
9,569
168,925 2,542
ll. 300 9, 752 1,122
53.388 66,225 10.247 14,349 78,421 16,566 46,128
25 15,702
44,074 3,488
61.7
19,467 17,573
6, 826 205
8,277
1,080 246
78,643
4,526 16,559 77,918 25,930
83,837 3,110 3,04:1 2, 477 1, 768 I
36.682 1 14.571 5.6~3
16,553 94.705 14,119 50,432
0 30, 154
41,776 4,689:
66.7 .
9,403 ' 8, 321 :
I
9,654 : 188!
7,489:
8. 06~ : 8. 072 8. Oi2 8. 066 831, 183 843,669 861, 501 782,034
C3, 718 64,332 66,028 60,370 '
171,930 i 167,380 187,190 i 168,510 i 171,550
a Quarter ending in month tndlc,.ted.
I I , , 176,210 l 175,840 ! 182, 2&0
97.9 24.25 85.5
104. 1 26.92 98.8 R5.6
19.70 76.5
113.5
liO Hl3
179 l!J4 179 1S2
71
6, 9JI 24,635
2~7, 956
978 ~93
95,211
4, 056 12,235 54,:376 20,299
116, .J35 5, 431 5, 079
11, 428 2, 908
:39,620 10, fi76 1<l,l34 25, 351)
120,660 14,135 b4, 316
230 51,979
44,090 4, Cii3
Gil. 0
10,107 9, 218
17,411) 423
6, 957
8, 004 seo. 458
i~6.1l70
March, 1932 SURVEY OF CURRENT BUSINESS 51
MONTHLY BUSINESS STATISTICS-Continued
1932 !! 1931 Earlier data for items shown here mau -·---11---,----
be found in the 1931 Annual Supple· !.I. Decem-'! Novem-1 '1 Septem-ment to the Surveu ________ ~nuary :I--~ ___ ber -IOctob~r i .. ~_r August ~ July April ! Mar;h i Fe~:t-f;anu:~ June
PUBLIC UTILITIES I ;i ! l :r I : I
Gas and Electric Power 1 'I i I
1
!1' II, II, Electric power production: United Htates- 'I i I
Tota!_ ______________ mills. ofkw. hrs.. 7,401: 2 7,775117,406 i By fuels _____________ mills. of kw. hrs.. 4, 3.14 'I '5, OG4 '.1, 298 I By water power .•••. mills. of kw. hrs.. 3, 047
1·.! 2, ill
1 12,108 I
In street railways, manufacturing plants, etc _________ mllls. of kw. hrs.. 4f>O 'I 4331 411 ·1
Incentralstat!ons .•. mllls.orkw.hrs .. l 0,940 'i '7,342 '6,995. c~ln:lda·- I il ' I
Total ______________ mills. of kw. hrs .. l I, 4S1 i 1, 432 I 2 1, 415 I By water power •.••• m!iis. or kw. hrs •. ! 1, 387 !
1 !, 3~~ i '1, 385 !
I 7, 765 I I 7. 532 '5, 706 I 5,341 '2,0591 2,191
41q i 2 7, 347 '
I
'1, 428 i ' 1, 401 :
95 :
445 7, 087
l, 2R8 1, 203
93
7,628 ! 5,165 ' 2,463 i
I
470 : 7,153 I
1, 256 1, 234
100
7, 766 5. 022 2, 744
506 7,260
I, 251 1, 231
95
7, 526 4,642 2,884
509 7,017
I, 290 I, 268
89
7, 639 4,500 3,139 i
447 . 7,192 '
1,36G . 1, 343 i
87
7, 643 4, 520 3,123
454 7,189
1, 411 1,388
98
I I
! i, 876 i 7. 160 5, 243 ! 5. 001 2. 6331 2, 159
4521 410 ' 7, 424 6, 750 I
1,4181 1,392
128
1, 339 1, 311
145 '
7, 947 5.597 2.350
460
1,489 1,456
1{\2 M f ~xpor1ted ____________ mills. of kw. hrs •.
1
(i2 11
1 73 1
" 8
S~I~~-~r-~~-:~~~--------------mllls. cu. ft __ , _________ !l ~',Un,'~o"·-~ II 27,5991 27.8ZO 25,985 23,527 Rovenue ................... thous. ()fdolls .. ! .......... !< v u 30,319!1 30,195 1 28,f;8!, 26,046
24, 741 28,310 29,865 30.731 30,94.1 I 31,110 ' 33, 47R 27, 337 30, 654 : 31, 827 ' 32, 356 32, 386 I :12, 5M ' 34, \1-17
Natural gas: I q s:>Ies _________________________ mms. cu. rt..l'---------1' 52,024 43,9os: 37,628 1 33.823 31,661 Revenue __________________ thous. of dolls .• ---------~1 24,-IG'll 19,250 1 15,276' 13.490 12,813
~~ ~m ~~An ~m~~m1 ~~ 13,182 i 16,159' 20,108 24.22;, \ 26,031
1 27,124 3J.O:l7
Rate of manufacturing operations (based on 1 ;1 1 consumption of eiectricenergy for power pur- i II · poses). (See under Industrial production.) j il
I II I Telephone comp'\nies:
1 ii i
Operat!ng revenues _______ thous. ofdol!s .. l---------1[---------~ 72.il()l\ [ 75.440 73.41-1 73,337 Operatmg lncome ..•.•••.. thous. of dolls .. l---------!i·--------, !,o,l70. 17,849 17.523 16,621
Telephone I I
74.8021 16,320 I
Telegraph !1 i
Commercial telegraph tolls .•.. thous. of dolls. ! .......... ..: .. _______ ; 7, 387 8, 243 8, 441 8, 3.59 8, 774 I Operating re;enues. __________ tlJOus. of dolls __
1
, ---------~1---------.. D, rno 10.859 11.012 10, 38~,7'> 11, 37? I'
Operating lncome .••••...•...• thous. of dolls .. --------- 1---------· 722 :151 567 o 4C•
Transportation , j[ : ,
75,919 ' 76,804 : 77,098 17, 977 ; 18, 046 ' 19, 051
9,212' 11, 875 1, 727
9,133 ll. 744 1, 426 '
9,391 11, 9fi3
1, 513
Express earnings: I' li I I . 1 Opcratmg incorne _________ thous. of dolls .. ---------!f---------1---------i 129 ; 13:3 134 139 . 10,1 107 129
77,214 18,650
9. 346 12,024 1,406
119 10, 113 Operating revenue •••••••• thous. of dolls •.
1
1 _________ f1---------'---------~' 9, 540 i 9, liU5 1 9, 428 ' 9, 773 I' 10,151 10,493 10, 19~ Inland waterways: II' l ! ! I ·
Allegheny Hiver ______________ short tons .. l 46, 740 I 119,972 i 156,642 213. 5C2 i 246, 551 : 294, 720 : 237, 024 1143. G27 l6U. 760 • 1~4. 851 52, iOO Cape Cod CanaL _____________ shorttons •• l178,12l[ 221,fii31209,S64 221.308:197,997: 1&1,414! 211,172 20:1.2•10 21n,559 i 203,0R5 !63,JR6 Mississippi Hiver Oovt. barges short tons __
1
!30, 400 \'' 168,021 1 86, 346 J 104, 873 i. 106, 931 I 104, 266 i 101, 300 I 86, 016 . 99,901 82, 465 82, 970 Monongahela Rinr _ thous. of short tons.. 7~0 ! 891 : 998j 1, 135 1 962 i 1, 042 !, 3:11 I, 257 !, 508 1, 518 1, 535
i I
73.277 : 16,864 ;
8,326 10,806
721
134 9,687 '
' 49,620 : 165, 7R9 : 69, 572 '
1, 359 ' 0
76, h24 17, 892
1}. ~i~ 609
128 9,884
56,740 233, ~90
7.1, 512 1, 57l
0 New York canals .... thous. of short tons .... --------•1---------i 510 505 i 587 I. 425 5061 385 457 349 0 1
Ohio River- 1 I' : ' 1 I •
Ci-~~i-~~~~~-~i~:~~~~hous. of short tons .• ________ J ________ j _______ J ________ / 1 315J ••.••••.. 1---------I I 290 --------- --------- 1 65 !---------·---------Huntington district ii i I I 1 • I Lo~i;~iiie-rtisti-icithous. of short tons •• --------+--------;---------J··-------j 11,193 ~---------:---------, 1 942 _________ _________ • 765
1 _________________ _
~:mt~~~~~~~~~~~~i~~s~-~f-~~~~~ l~~~==! '3:i~;7i6'l!'463;iii4'1'548;ii4ii'l-603;544'! 635: ~~~ i '6iii;5i4";-849:277'1173:. i~; ·.·-·6_s_5_._-5_2_6_--_.,·.-_7_--_1a_._- "_'o_o_ .. _- :,! 5.451:, 944~8044 11'--4-- 2_-s_._- 4-- n_-'_ii_- _-_-504;7oo Panar~iic~nai::.-----thous. of short tons.-\-_-------~~·---------~--------- ---------~ • 2, 135~---------~--------- • 2, 120
'l'otai tratlic _______ thous. oflong tons •. : I, .19·1 , 1, 649 1, 578 1, 763 1
1, 755
1
1, 789 1,867 I, 759 I, 925 : 2, 011 I I, 916 !, 930 2, 107 U.S. vessels .••••. thous. of!ong tons • .i 652 I 744 1 67fl 930 .
1
884 859 820 1 828 : 937 929 : 910 I 864 958 British vessels .•.. thous. of long tons •• I !12 !I 405 i 371 327 318 378 466 1 453 421 · 436 . 429 II 448 540
St. Lawrence Canal. thous. of short tons •• _________ ;; 32 I 664 795 711 I 714 il71 920 · I, 166 319 0 0 0 Sault Ste. Marie Canal i i ' : 1 ' I
____ c ______________ thous. of short tons •• ---------!' 293 ' 3 049 6, 248 1 7,1261 8, 385 7, 611 6, 645 ! 4, 335 ' 922 1 0 0 . 0 SuezCan~L ..••••••. thous.ofmet.tons ___________ ,l 2,0751 1;901 2,0!9<i 1,813 1,860 1,9631 2,0271 2,403! _2,396 2,44
00 2,{74 2,744
Weiland Canal__ ______________ short tons •• J---------1· 103,954 I 954,773 821,454 ' 968,763 I 972,976 871,513 1,015,469 11,165,853' 310,003 0 ' 0 Ocean traffic: 'II i I
Clearances, vessels in foreign trade- i I I I ! TotaL. ____________ thous. of net tons.. 4, 910 \i 4, 866 I' 5, 60,1 6, 461 ! 6, 837 i 7, 463 7, 536 6, 543 · 6, 539 ' 5, 907 5,044 4, 972 .1. 414 A merican ••.••.••.. thous. of net tons.. I. 7til ij 1, 729 2, 296 2, 420 2. 4781 2, 734 2, 742 2, 241 : 2, 525 i 2, 092 Foreign ____________ thous. of net tons.. 3, 129 I 3, 137 ! 3, 309 4, 041 4, 359 4, 729 4, 794
1 4, 302 · 4, 014 ! 3, 815
Passenger travel: II 1 ,, ! Arrivals from abroad- ,:
Imrnigrants _________________ numher •• 1 •••••••.• 11 2, 642 I 2, 899 3, 91:J 5. 017 i 4, 090 3, 174 3, 534 3, 799 3, 470 UnltedStatescitizens •• _____ number •• : ..........
1
1' 16,932: 1G,823 32,427 62,5811. 59,372 30,944 25,588 22,518 28,281 Departures ahroad- ! i I
Emigrants __________________ number • .'.--------1[ 10. 727! 11,318 10,857 1 8. 733! 9,541 7,428 5,893 5,616 5,647
United States cltizens ••••••• number __ , _________ i, 24,351 • 2.3, 224 35,016 i 42.2471 65.895 46.961 29.579 23.242 24,418 Fa<•ports issued _________________ numher •• : 6, 442 ii 5, 513
1
: 6, 622 7, 345 ;,· 8, 812 10,749 17,667 27,689 28, 513 21,466 Pullman Company operations: I i' ,
5, 409
11 Revenue __________________ thous. of dolls._l _________ ,, _________ , 4, 238 4, 499 j 5. 564
Passengers carried ____________ thousands •• '---------1' 1,677: 1,526 1,674 I 1,Y69 ,1
' 2,091 Trend of business in hotels; ! " it
Average sale per occupied room .•. dollars •• , 3 .... s i, 3. 39 i 3. 56 3. 51 3. 55 i 3. 64 Room occupancy _______ p. ct. of capacity •• , GO I' 52 ] 56 60 58 1 64
Steam railways: 1 Equipment- I· !
Freight cars- i I:
6. 413 2,023
3. 55 54
5,470 2,051
3. 58 56
In had ord_er, end of month- I " I i Quanuty ________________ cars .• l 195, 4o2 1
187, 6fo6 196, ~2. 40
194,948 I 194, 127 187,585 181,702 172,776 Ratio to total cars ••. per cent •• ' 9. 0 :·
New orders.6~----------·----cars_ .. t 159 1: 8. 7
11 " 9. 0 i 8. 9 8.6 8.3 7.9 2~ 798 3 534 443 972
5,055 1,900
3. 50 ; 61
5, 238 1,986
3. 73 63
170, 165 162,966 7. 7 7.4 46 2, 768
Owned, end of month- ' 'i Quantity ______ thous. of cars __ ! 2, 191 j, 2, 193 2. 205 2. 211 2, 216 2. 220 2, 224 2, 229 2, 244 2, 249 C'apacity ________ mills. oflbs .• J 205, 7121' 205,913 206,842 207,2YO 207,638 207,947 208,20i 208,579 209,645 209,958
Shipments·- : ,'
h~~l,;s-t:iii.:::::::::::::::~:~:=! ~~g ! ~:~ Unfilled orders (railroads)-- i li
TotaL. __________________ cars •• :. 3, 650 I Of mannfacturers •••• ____ cars .• · 259 i In railroad shops ________ cars .. : 3, 391 \<
Locomotives- ! 1 E.xports, steam ______________ number .. : 0 L
I Revised.
5, 042 1,340 3, 702
0
!50 150
4, 2fi2 220
4, 032
0
404 404
4,f>IO 314
4, 296
1'
780 776
5,100 534
4, 566
111
§24 499
5, 746 866
4,880
0
341 311
6,4~6 1, 336 5,130
615 555
7,179 2,070 5,109
648 646
6, 585 !, 599 ' 4,986 1
I
3i
a Quarter ending in month indicated.
1,082 1,082
7, 542 2,176 5,366
I, 773 I, 695 I. 843 3,271 3,277 ' a, !l71
3,577 3,147 . 4, 091 34,861 27,508 19,844
4, 693 4, 720 4, 397 32,278 33.172 24,885 !4, 328 7, 255 7,445
4, 8941 5, 346 6,072 1, 966 !, 919 2, 203
3.63 3.84 3.80 61 64 66
162, 117 153,606 147, fi50 7. 3 6. 9 6. 7
2,166 24 0
2, 251 2, 253 2. 254 210,102 210,235 l 210, 22~
762 633 I 845 657 533 i 735
7,484 8, 637 i 8, 7D9 1. 569 2, 207 : 2,681 5, 915 6, 430 6, 118
Ol 2:
52 SURVEY OF CURRENT BUSINESS .:\hrch, 1932
MONTHLY BUSINESS STATISTICS-Continued
Earlier data for items shown here rna11 be found In the 1931 Annual Supplement to the Surve11
1932/i 1931
J·· nua;~ • I Decem- I :p; 0 ' ~m- 1 October I Septem--i _A_U_F_u_s_t 7
1 -J-u-ly---,-~, _J_u_u_e-,1 __ l\_1_a,-,-;~-A-p_r_il-;I-M-a-rc-h-,-! _F_e_b_r_u---:-: -J-an_u_a_r_y
_'_' __ j,_\1~---'~----~-~~-r _j ____ l _______ ! _______ l ___ l RFY '
1!. i I I I I I '· ,----,--. PUHLW UTILITIES-Continued
Transportation-Continued
Steam railways-f'ontinued. Locmnotives-Continued.
Iu bud order, eBd of 1nonth- ~
1 A~~~~~~~-~~~s_s!~_e_~ :~~~i:~um ber--I(at.io to totalloeomotiveo 1
Ins(;,] ted:::::::::::::::: ~~~r~t~;:: I New order::; ______________ nuruber __ I Hetireu _________ ---- ___ .number_ .I
i ~ I ~ i !
" I I i I I I I
1. 331 \1
6, 990 6. &36 6, 485 i 6, 310 6,173 5, 913/1
5, 938 5, 910 1 5, 958
13.711 ta.o, 12.1 12.oj 11.1 11.4: 10.~, 1.09 1o.s! 10.9 51 j' 6R ' 53 61 51 95 ' 66 114 ~4 I 67
28g : !~ ~~ 13~ 1 11~ 12~ 10~ 1 29i m ' 15I I
5,907
10.9 77 8
161
5, 734
10.-1 S6 8'
!28 '
Km ~~ ~~~~~ ~m ~~ ~~·~~ 2. 512
1 2, 514 2, 513 1 2, 513 2. s1s 2, 520 · 2, 522 2. 525
lh~ ued, ~~u.d of month- 1 Quant!ty ________________ nurnber --~ 54,228 .. 'frl, 4G2 54. 8fit 54,389 i TractiYe power ______ mills. of lbs.. 2, 489 ! 2, 19G 2, 509 2, 509 1
Shipnwnts, manufacturers \Census)- I j TotaL __________________ number.. o 22 212 , Eh'etrit, domestic _______ number..
1
G 2
02 '3
8' i
Steam, dGmestlC--.~-~-~--nurnLer __ l 0 Shipmt"nts, f'lectnc locomotives- , 1 i
IJ?dustri&l (quarterly) ___ number-+--------: 3
'204
i-_-__ -_--_-_-_:: -_-_-_-_-_-__ -_-:! l\mnng l'!uarterly) ______ nurHb<'r .. ---------~·
Unfilled or<:lers \!1liiroad;), end ol mo ... l !I I (>f manufacturers ________ number .. _________ . 30 0 15 ! In railroad sh0P'--------number..l--------- V 10 1 4 I
lJnlillcd orders, manulacturers' (C;en-~ 'I 1',
susl-TotaL _________ 0 _________ r:umbcr ... 1 11 ~_.cl~J ',I
1to' '165 1 2 147,
Elt>ctnc, domes_tw _______ numbeL-1
~ ... 2132 ! 2132 i
"t d t b 32 ".1 1 1 '1· ::; C11rn, omes w_ .. ______ nmn er~-1 03
Passenger cars- 1 :
'7' 216' '161 '23 25 '161 •a: 1. •4
1! '4 o '3 4 2 I 11 19 26 !2
I 3 i : ! a 37 ]::~::::::!::::::::::
15 12
'158 '135
14
16 . 1s I 13 141
2115 .i1321 '1'8 293
1s 20 I I
20 16
'142 '93
30
-··-~----- -----~---1
-.. -----~- ---------! I
81 I 20
'84 218
47
67 . 24
'106 '8: 69
w, 5 ' 5
'17 '60
f\0 i 26
'115 '14 ' 81 !
15 5
10
57 2\)
'123 219 85
5,522
10.0 so 2
lb2
55, 576 2, 525
16 6
10
54 30
' 111 2 24
78
~,;:;~~:~~~-s~~~;;~:~~~:~~:~~~~~~~~d------36- -------o- ------)-------o-1' 50' 90g _________ , ________ _! ·.~1,136 -··------- --------- 151,4~9 ,_ ________ ---------
o; oj o. o: 4 o o o Shipments- I
~~)~~!~~SiTe~.~~~==~==::::::::::=~~~~== I 2 U nt:illed ordt•n!, ttd o! qunrter !
2 2
Finendal ~JJ~~S£iO~.;s-:_:_---------··- number- -j-- -------Net operatin~ incmne .thou3, o! •lolls __ ,_________ 21,263 Opt·rating r~~vcnues- I
Canada .. __________ thom. ~~ dvlls--1---------Untteci Stste,q- j'
"•:oh;L ________ thous. of dolls .. ________ _ I• retgLL ______ tbons. of dolls ... ---------Pas:-:Ccgers ____ tt.HJU~. of" (to!!~-_! ________ _
Operatmg ~"IJ>Fll,~f'S~---thous. o! tioll~--1---------Nct O(Y:rating rev?OUP., Canarta I
Frr!~ht;.;tr;::.--------· ____ thous, of do!ls- -1---------Ca.rload.in(:s*- I
Total ------------ __ tb.uns. of cars--1 2, 270 Co111 aud eokc _____ ~t!tous. ui\.·ars._l 4t'~) FotdH preduet,,: ____ ttwu~. of cars--\ Graw aud gra!n nrodudc. '
__________ -----~-- ~twus. of ems .. -~ J .. h f'St<H.:k __ ·-------tlli·U~. uf cr .. rs.-On~- ______________ lhnus. tJ( c·ars __ !\1erchnndi:··£', l. r.l t.lwus. c! nus. -1
.Mi~ce!bnt 0118 _----(!·.(JUS. of C~N _.I Car surplus (daLy ayf'rage, last \Yeek I
of mt•nth)-·-Tol aL_~. ·- -~ _ ·-- ___________ .. cftrs.~ i
~~~l:: =~ ~ == = == == = === = = = = ====~:~~=I Opt.:r:.ttion n-·sults--~ :
1:1
/41, ,<\Cl ·;77 440
Freight. carried 1 rnile-- I l 'auada _________ mms. of tons--1---------
2~8. G31 21l. 4-13 40. 577
211, 43!)
2, 273 4\)1
71
112 87 l.)
74::? 753
750,696 411], 3:J2 2!iR, (j(j\J
rnithl t4ta~es __ mills. o_f toDS--i--------- ~2. Gl53 Pas.sengers carr.it>d 1 wilp_nni!inns __ .
1
________ _
Hecdpts ver tvr.--mile ___ .... (ruts __ ---------· i .
1-'INANCJ<; I I
Loans outstaudint~. end ol month: ,. Federal law..! hmks _________ rHills. of dolls-- 1, lUS Federal intermediate. credit Lanks I
----------------- _________ mills. of Jolk_ Joint-stock bnJ banks _____ ruills. of dolls ..
Banking I
Acceptances u.ud eommf'rcbl papc-r: j Banker~ accPpl.anccs outstarHi_:ng·- I
Tot3L ________ . ________ mills of doH•--'
For own accouuL ______ wills. of doll::.~~ For aceuunt of foreign ('"Offt'~ponctents
118 . 52;i
961
120 Held by Federal reserve ba!.ib .. -- I
II old hy -,-r;.;,;p-~i~cCf.p-t-irig 1~~~~s0~ dolls.-~ 314
Own bills. _____________ rnills. of dolls.. 109 Tlll!s hmwbt_ __________ mills. of dol!s ...
1
;79~ Held hy otbers _____________ wi!J;. of dolls .. , v
Commercial paper outstanding 1
1
' _________________________ miil<. ol dolls. 98
Bank debits: ' Canada .-------------------mills. of dolls .. --------- ' New York City ____________ rnills. of dolls ... 17,671l Outside l\ew >:ork C!tY ___ mills. of dolls.-1 10, >i93 , Outside New \ ork C1ty ... rel. to 1923-25.. so. G "
1, 163
120 I 530 I
974
305
251
13! 131 150
1\S
2,m;s 19, 2:13 17, 1\2
86.7
0 0
2, {)'!0 5fJ7 87
145 ll'4
?'1 ~DG 940
f\'}t-1, 3Hl 34o. ;;o:~ :24U, 19;{
1, 167
1, 002
418
126
125 171 162
174
2,842 14,404 !4,(,0.5
74. 0
3. 813 7f•5 123
1\13 145 102 '
1, 081 1, 415
5:15, "54 2~10, 3liU 18.>, 442
<)2, ~~7 ' v0,...:::s8
1 1,041 ]. 046 '
1, lil
124 540
1, 040
647 :
210;
2, 5.'-'7 20, 67S 18, 125 :
91.9'
• Data for May and October, !9R1, ar<o for;; we<" irs, other months 4 week~.
'1: -------~- -------~-~ .:: ------~- ______ :~- '1:: ~------:~- -------~: 55.3\G 55,859 56,535\ 50,1G3 4l,2H4 39,074 45,006: 27,2(;4
~w -~ ~w~~~ ~~ ~m ~m.m~
350, 335 270, ~32
44, ,,), 258,223
5,036
2, 008 51() 104
H9 !16
121 841
1, OS!
,){)4, :.!~4 ~}la, 4~4 20iJ, 7t:.S
2, o:.: 27, ~~7 1, ,a10 l. 019
1,174
130 li45
995
420
100
Hi2 248
GG
248
2, 451 20.073 16,627
84.3
361, 525 2d0, 103
4U, 18:! 26Y, 463
1, Sil
3, 747 Gl7 lil8
228 !Ci6 115
1, 069 l, 413
57:l, 680 3\!2, 837 2D6, 240
1, G36 29.348
2, 077 1.041
1, liB
133 548
1,090
70
228
168 439 185
271
2,2-14 17,501 lli, 5~6
83.8
' 377,14('1 I 359, fHO 2\10, 348 1 2~1, 261 50, 272 I EO. \!57
280, I 27 1 280, 145 I
2, 019 1 I, 898
I 2. <i31
4ti2 1
lOfi '
220 i 7J i
139 i ~:;o!
1, 113 :
1, 770 30,276 2,1.!() 1. t)fil
I, li9
137 651
1, 22~
30
243
232 4% 278
:1.'9
2, 400 21.007 18.444
93.5
2, 9\]2 4M 12.:-i
14() '/5
llu 87fl
1, !U2
2. 207 28.258
2; 034 1.0'!0'
1, 182
1. 3f.J8
95
341 '
19!i 357 379
292
2,691 2s, 893 19,406
98.4
:l69, 020 283, HH 45,981
~lS~, 067
2~ 168
3. 7~(1 Gll 1G5
jt;) lOt\ 80
1, oq; l,•!l!f.
~ns, ~24 :~06 .. 31U 2~~ •. ~04
2,178 30,014
I, 870 1.034
1, 184
131 530 .
1, 413
121
3SO
171 293 444
305
3,172 25,072 ' 18.858
95.6 '
369, f>/12 376, 149 3:lA, 632 283,711 2<Jl,28? i 2.1"7,521 47,272 47, !50 : 4'i, 4.?5
2no, 618 , 291, "''" . 212, 116
3~ f340
2.1i'!il 1'-6 130
!51 85 2~
800 l, ~06
tiO:l.S:l2 282, i11fo 251, Di?
2,136 28,710 l, 831 J. 093 I
1, 185 '
138 540
I, 422
1C2 .
409
125 2~fj I
441
307
2, 786 : 2f., 821 . 19, ll20 '
90.5 j
3,112 .
2 940 5.55 138
15:: 79 23
8!<~ 1.105
121
~.~::a 1)84 13.~
165 ss 22
842 ~7
621, M0 F50, WJ4 298, 837 i 324, \1~8 2.'12, 82!i ' 253, fil f)
2,104 29, 91i0 !,703 1. 07, ;
1,187
138 : 5-14 I
1, 467
123 I
431
131 341 441
311
2,570 27, 589 i 19, 421 ;
98.4 i
1, ~'-I 27, 070
1, 747 104~
L 187
128 M6
1, 520
8;)
310
2 ~a .... 20: 9t8 17, 084
86.6
2 Re\'isccl. ' Qn~rtsr ending In month Indicated.
2S, 141
36.:i. Dno 277. 014
r,:l, 34'J 20·1, 0~~2
424
~- Ri:l : CliG ; 102
~ 163 2 102 ~ 21
2 ~-2-S 'l!li1
:2,016 3o. ;q4
1, \)15 1, 015
1, 167
12R .o~.o
L 520
89
·Hi'
134 437 412
:.!27
March, 1932 SURVEY OF CURRENT BUSINESS 53
MONTHLY BUSINESS STATISTICS-Continued
- 1932 _il .. ll - 193_1_------;-----;-------.-----c----.---li:arlier data for items shown here mav .. be found in the 1931 Annual Supple- ·I I I I I I ·I I ment to the Survev January i Decem- Novem- October Septem- August I July I June · May April March Febru- January ----------------1---il~~·---~---l ___ i ___ j___ _ ___ !-.-":~---
'· , 1 , ' 1
F!~!~~:-=-~o~!~~:~d I' 'I I I Brokers' loans, end of month: 1' 1'
By N.Y. F. R. member banks --------------------------mills. of dolls •. , 505 i .\91 720 869 1,172 1
3, a_
0664
II 1, a_ 9003
12, 4. 7
993
~.. 13, _5
3397
13, 7. 3
400
1,3
8. 5738
I Ratio to market value ••••••.•.•. per cent .. l I. 9! . 2. 20 2. 35 2. 33 3. 23 ~ TotaL •.•...•...•.•.•••••• mllls. of dolls.. 512 i 587 730 796 1, 044 1, 354 1, 344 1, 391 1, 435 1, 651 1, 909j
Federal reserve banks: 899 ! 638 I 728 328 255 I 195 149 174 157 n•n I Bills discounted .••.•.•.•.• mills. of dolls.. · 718 I ...., Member bank reserve account .. -......... I I i
---------------------····mills.ofdolls.. 1,947, 1,961 2,051; 2,167 2,364 2,373 2,367 2,381 2,389 2,371 :.!,428
1
.
Notes in circulation .•••.•.. mills. of dolls.. 2, 665 2, 624 2, 480 , 2, 429 2, O<JS 1, 963 1 1, 765 1, 723 1, 580 1, 535 1, 486 ReservebankcrediL •...• mills.ofdolls .. 1,856: 1,853 1,93112,184 1,578 1,255] 976 94:l 917 937 9901 Total deposits _____________ miils. of dolls.. 2, 093 i 2,125 2, 252 1 2, 380 1 2, 506 2, 632 ! 2, 527 2, 504 2, 442 2, 434 2, 506 Total investments •.••••.•. mills. of dolls__ 899 ' 1, 1.56 1, 169 I 1, 4081 1. 211 943 ' 751 773 724 761 723 Total reserve .•.•••.•.•...• mills. of dolls.. 3, 169 3, 158 3, 080 1 2, 903 3, 301 3, 619 I 3, 597 3, 576 3, 413 3, 334 3, 296
Federal reserve member banks: I Net demand deposits .•.••• mills. of dolls .. 1 11, 166 11, 871 12, 199 i 12,449 13,227 13, 241 13,473 13,688 : 13, 605 13, 664 13, 748 I
1, 798 3.22
1,840
198
2,343 1,478
925 2,399
708 3,244
13, 614 7,183
15,464 Totallnvestments ..••••.•. mills. of dolls ••
1 7, 149 7, 428 7, 506 7, 700 7, 916 7, 665
1
7, 810 7, 795 1 7, 807 7, 903 7, 551 Total loans and discounts •• mills. of dolls __ .
1
12,830 13, 104 13,350 13,521 14, 191 14,398 14,486 14,691 14,730 14,993 15,382 I Interest rates: I
Call loans, renewaJ. _____________ per cent .• I 2. 65 2. 70 2. 50 2.10 1. 50 1. 50 1. 50 1. 50 1. 45 51_.
6532
1
1. 55 f 1. 50 Federal land banks .•.•.•.•..••• per cenL 5. 63 5. 63 5. 63 5. 63 5. 63 5. 63 I 5.63 5. 63 5. 63 5. 63 5. 63 I Intermediate credit banks •.•.•.. per cenLj 5. 34 5. 06 4. 50 4. 06 3. 81 3. 81 I 3. 81 3. 90 4. 00 4. 00 4. 00 4. 00 New York Federal Reserve 1 I
Bank (discount rate) __________ per cenL1
3. 50 3. 50 3. 50 • 3. 50 1. 50 1. 50 1. 50 1. 50 • 1. 50 2. 00 2. 00 2. 00 Prime bankers' acceptances •.... per cent __ , 2. 88 3. 00 3. 07 2. 50 1. 07 88 1 • 88 • 88 2. 00 1. 50 1. 50 1. 44
Pr_i~~-~~~~~~:~~-~~!>.~:.<~~-~~~~~s~enLI 3. 88 3. 88 4. 00 3. 13 2. 00 2:00 1
1 2. 00 2. 00 2. 13 2. 38 2. 50 Time loans, 90 days _____________ per cent... 3. 75 3. 50 3. 50 3. 25 1. 63 1. 38 1. 38 1 1. 50 1. 75 2. 00 2.13
Savings deposits: ., f ·
NewYorkState ..•.•.•.•.. mills.ofdolls.. 5,236 5,255 5,213 5,217 5,231 5,173 5,149 5,156 5,083 5,059 5,018
2.63 1.88
4,928 United States postal savings system- I I
Withdrawals __________ thous. of dolls .. --·------ --------- 24,811 23,532 . 27,007 21,117 20,568 20,944 18,638 17,648
1, 734 3.30
1, 720
232
2, 398 1,494
980 2, 448
735 3, 233
13,680 6,843
15,753
1. 57 5.63 4.00
2.00 1.56
2. 88 2.13
4,888
51,585 18,611
Deposits ______________ thous. of dolls ..••..... __
1
1 •••.••••. -·------- -----···· 72, 011 73, 774 62,047 43, 505 31,822 32,061 29,337 31,353
Balance t0 credit of depositors........ I ---------------------thous.ofdolls .. 658,081, sg5,634 555,560 527,130 '468,908 422,699 .i 372,457 347,417 325,028 313,775 302,658 292,059 278,353
Balance on deposit in banks _________ _ --------------·------thous. of dolls •. , 570,525 512,300 464,841 447,300 395,725 1 365, 798 1
1
329,655 I 306, 120 289,034 278,304 267,790 255,268 240,216
Business Failures I Firms (United States): 1
Banks--------------------------number.. 334 '358 • 175 522 305 '1581 93 167 Total commercial _______________ number.. 3, 458 2, 758 2, 195 2, 362 1, 936 1, 944 1, 983 1, 993 Manufacturers __________________ number •• 688 591 519 614 449 427 520 449 Trade establishments .••••.•.••• number.. 2, 595 2, 013 1, 545 1, 605 1 1, 374 1, 381 1 1, 322 1, 435 Agents and brokers _____________ number.. 175 154 131 143
1
1 113 136 1
141 109 By groups- I ·
Manufacturers- [ I TotaL ••.•••••••••••••.. number •• , 688 591 519 614 449 427 I 520 449 Chemicals ••..••.•.•.•.• number.. 22 14 12 11 i 13 9 , 13 7 Foodstuffs ______________ number.. 46 48 40 50 . 40 30 1 34 64 Leatber _________________ number.. 25 20 11 181 14 18 : 16 26 Liquors and tobacco .••• number.. 12 4 15 14 10 I 7 ! 6 10 Lumber •••••••••••••.... number.. 82 65 62
3542 23
4
6
9
1
512~ '.·.: 39 57 Printing and engraving.number.. 28 29 24 17 21 Stone! clay, and glass .•.. number .. l 12 11 18 9
1
13 , 7 Texti es. ________________ number.. 133 116 82 81 64 I 61 75 ' 53 Metals __________________ number.. 75 49 64 55 32 49 49 ! 37 All other ----------------number.. 253 235 191 290 198 181 2.58 i 167
Traders- I TotaL ___ d _______________ number.. 2, 595 2, 013 1, 545 1, 60
158
i 1, 37145
1, 381 1, 32219
I 1, 435 BooKs an paper ________ number.. 37 16 19 I 12 I 20 Chemicals and palnts ••. number.. 120 142 114 112 90 109 86 84
~~~;~~fo~~~~~~:~~:::~~~~:: ~~i m m n~ I ~~~ ~~~ ~! ~ Household furniture .••. number.. 536 343 260 260 I 234 235 239 i 243 All other ----------------number.. 450 341 328 379 322 286 292 I 404
f1lrmb1~.t(fan(Uad~t--d--S·t----·)·----------numher.. 293 263 275 256 , 230 164 223 [ 174 a
1 es n e ates : '471, 380 .
1
l, 233,505 Banks ____________________ thous. of dolls __ •275, 411 277,051 '67, 656 180,028 2 40, 745
1
' 190,480 Total commerclaL •••••.. thous. of dolls.. 96,860 73,213 60,660 70,660 47,256 53,025 60,998 51,656 Manufacturers ____________ thous. of dolls.. 31.680 22,454 26, 112 26, 334 14,857 16,967 20, 586 21,909 Trade establlshments... •••• thous. of dolls.. 54,505 38,386 27, 229 29,486 , 24,658 25,848 28,091 25,934 Agents and brokers •••••.• thous. of dolls.. 10.676 12,373 7, 318 14,841 : 7, 741 10,210 12,321 •
1
- 3, 813 Llablllties (Canada) •••••• thous. of dolls.. 4, 226 5, 771 6, 300 3,170
1
. 4, 540 2,138 3, 345 . 3, 504 Dividend and Interest Payments
Grand total • ------------------mills. of dolls.-1 998 671 558 747 1
1 Dividend payments: Total ______________________ mills. of dolls__ 403 231 '251 2881 Industrial and miscel-
laneous ___ .• ---···------mills. of dolls.. 300 180 183 225 Steam railroads. ___________ mills. of dolls.. 43 29 32 36 Stroot railways ____________ mills. of dolls__ 12 11 11 91 Interest payments _________ mills. of dolls.. 595 440 ~07 459
Foreign Exchange Rates America: ·
Argentina.. •••••.•.••• dolls. per gold peso__ . 583 : • 585 . 588 . 520 l BraziL -----------------dolls. per milreis.. . 062 i • 062 • 062 . 056 II
Canada .••.•.•.• dolls. per Canadian dolL . 851 ! • 827 • S90 • 891 Ohile. --------------dolls. per paper peso.. . 121 : .121 • 121 .121
533
233
174 27 6
300
.597 • 059 .963 .120
Japan _____________________ dolls. per yen.. . 360 . 435 • 493 • 493 ,493 Asia: I Indfa ____________________ dolls. per rupee.. . 258 • 254 • 280 • 287 • 339
Europe: Belgium ••••• ___ --- ______ .dolls. per belga .. England ___________ dolls. per lb sterling •• France.------------------dolls. per franc .. Italy •• ---------------------dolls. per lira .• Netherlands.. ••••••••••. dolls. per guilder __ Sweden ••• ---------------dolls. per krone .• Switzerland ______ .•••••• .dolls. per franc •.
.139 3. 43 • 039 .050 .402 .192 .195
.139 3. 37 • 039 • 051 . 402 .187 .195
.139 3.72 • 039 .052 .402 ,207 .195
.140 3.89 .039 .052 .404 .231 '196
.139 4.53 .039 .052 . 403 . 261 .195
490
245
170 34
6 245
.646
.064
.997
.121
.494
.359
.139 4. 86 .039 .052 .403 .268 .195
'Rate changed Dec. 24, 1930, May 8, 1931, Oct. 9, to 2.50, and Oct. 16 to 3.50.
1)46
387
267 42 11
559
.699
.072
.997
.121
.494
.360
.140 4. 86 .039 .052 .403 .268 .194
762
346
237 34 7
416
• 703 .075 ,1)97 .121
.494
.360
.139 4.86 .039 .052 .402 .268 .194
'91 2, 248
552 1,570
126
552 12 43 14 4
65 27 I)
78 50
250
1,570 19
108 295 401 88
357 302 196
'43, 493 53,371 18,506 25.069 9, 796 2, 776 '
560
292
213 33 8
268
• 707 .067 .999 .121
.494
.361
.139 4.86 .039 .052 .402 .268 .193
I
64 2,383
515 1, 710 I
158
515 9
38 12 6
75 10 5
78 65
227
1, 710 18 98
351 451 109 297 386 200
'41, 6S3 50,868 18,719 26,386 5, 763 3, 753
749
314
236 38 I)
435
'765 .073
1.000 .121
.494
.361
.139 4.86
.0391 .052
.401
.268
.193
• Revised.
86 2,604
582 1, 843
179
582 5
37 23 9
61 27 7
79 52
282
1,843 28
107 400 441 152 358 357 2.13
'34, 320 tlO, 387 24,072 30,348
5, 967 3, 705
594
311
236 46 7
284
• 780 .079
1.000 .121
.41)4
.361
.139 4.86 .039 .052 .401 .268 .192
77 2, 563
583 1,831
149
583 13 37 , 1t I 72 I 15 I 4
96 54
269
1.8~~ I 93
381 438 131 407 362 253
'34, 616 59,608 25,304 30,852
3,452 3, 012
'526
'287
'210 '43
9. 239[
• 719 .086
1.000 .121
.494
!
.3591
.139 4.86 .039 .052 • 401 • .268 .193
202 3, 316
611 2,541
164
611 10 32 17 6
76 21 11
124 44
270
2,541 15
117 633 476 220 571 509 2~.5
'76, 553 94,608 47,633 43,071 3,904 4,200
'1,115
'514
'381 56
'13 601
.697
.on • 998 .121
.494
. 35~
.139 4. 85 .039 .052 . 402 . 268 . 194
54 SCRVEY OF CURRENT BUSINESS March, 1932
MONTHLY BUSINESS STATISTICS-Continued
- - i' 19:!2 'i 1\131 Earlier data for itemlf shown here mau i _ i'---" _ ____ ___ ______ ____ _ ___ _ ____________ ----·-------
be found in the 1931 Annual Supple- ! 1i I 1 , • ' .. S 1 1 1 1 1 ment to the Survev I January ;,
1
- )f~:;n· IN °b~~m- October 1 eb~;m-, August 11 July i June May I April March Febru· !'January
I r r ' I I ary 'I ' - ------ ------ ·--~-------~---- ----------
1 I
II I II' I Gold: 1 1 Domesticreceiptsatmint .... flneounces .• l 8H,!S5 123,555/134,775 123,7481128,928; 115,3431118,1231114,651 95,1331 93,6121 85,091 Exports.---------------- .thous.o!dolls •• 1 107,863 32,6511 4,9~4 398,6041 28,70/l I 39 j 1,0091 40 628 27/ 26 Earmarked for foreign account , 1 • ' I I '
by F~d.res.banks ...•... tbous.ofdolls •. ;··;.;·----:'_ 45~,~~~ 435.621 463,9~1; 356,~211 77,2~1 61.231 1 3U~!' 1:!3-?95 1 1?7 7951120 295 Imports ..... ----------·--·thous. ofdolls ••
1 v.,D05: HU,v09 I 94,430 60.9.9 49,<09, 57,539 20,512, 63,80• 1>0,~58 1 49:5431 25:671
Monetary stocks of U. S., daily 1 1 • ,, ~~ , I , : i i •• I
average.----------·······mulg, of doLs .. l 1, -w2 I, 4, 4.,o I 4. ~~~ 4. 44, 4, 948 1 4, 97.5/ 4, 9.58 1 4, 865 1 4, •o7 4, 711 1 4, 682 Rand output __ ·····-·····----fine ounces .• : ......... ;.: 923,353 900,510 .' 945, 113 91G, OCO i. 916,425 916, M3r· 897,000 .~ 910,279 882,237 ! 910,998
Silver: I •I [ ' t' Exports.------------------thous. of dolls.-! 1,611 li 2,1% 872- 2, 1.18 2,183 1 2,0241 2,305 1,895; 2,099 I 3,249 2,323 Im~orts. ------------------thous. of dolls .. ! 2, ?ll7 :
1 3, ?15 I 2, 138 2, ~73 1 2, ~56 ; 2, 68~ I, 6fi~ 1 2, 3f>.l 1 2, 636 i 2, 439 1, 821
Pncoat New York. •••• _doll~. per fine oz.. .298 'I .301 1. .322 .• 95 .2~2. .27o! .2831 .2731 .277 .2!>3 'I .292 Production- l1
: ! l UnitedStates _______ thous.offineoz •• 2,0321 '2,3.>0; 2,132 2,181 2,101 2,4191 2,I76
1 2,4331 2,762 2,831 3,528
Canada _____________ thous.offlneoz •. l 1,484;1 1,1131 J.fi_;g 2.117 1,4D3 1,610, 2,133· 7311 1,8361
1,1391 I,431/
I<'INANCE-Continued
Gold and Silver
87,717 14
123, 295 16,156
4, fl56 839,937
1,63i! l,S77 .268
3,187 1, 772 6,944
Stocks,_end of month-1
, : I • '1 I MexJCo .•.•..•••.•••• thous. offlneoz.-1---------~.,~-------·-' 6,295 7,312 7,510 6,814 6,3~0 I 7,04II '7,374: 9,535
1
6,510
UDitedStates .••••.• thous.offlneoz __ , .;,606, 6,20\ll 5,03:\ 4,066 4,082 2,24012,077 1,611 1,485: 713 2,714 1,851 Canada _____________ tbous.offlneoz •• i 1,324 I 1,2731 1,471 1,110 989 1 1,363! 754 958 I 1,423 1,509 796 1 702
94,470 54
125, i95 34,426
4, 622 914,576
3, 571 2,896 . 294
3, 480 1, 932 8, 751
792: 694
Net Corporaticm l'roll.ts : :1 i I 1'
I I : I I I ~~~~l~~i~d;:~trfala~dm~~:-····-mil!s. of do!ls .• :--------·r······r--··--- ·--·---··: '390 .•.•••••. !......... I 441 ~--······· ····-··-·1 I 3H2 ~-----··-- ........ .
ca1~i~·m-;;blle-part"s'-ari((ac~~~~~~f g;~l~:-:---------~:------·-· --------· --------- : ~: ------·--I--------· ' 159 !·-------- --------·[ ' 125 1--------· ·--------
~~~w~~:~'";~::f~~ 11 ~~~~-~ •••::••:•:1•:-••••••: =••·•••- j --••••·•• : ~ ••-•--•·•: •-·-•-•• ~ ~ 1•••--••••-•::-•••••1 : u r•-•••••••~·••••·••: ~i~~~~tf~~~~~~~~~S:~~~~~~~~~~~l~~~~ ~~ ~~~l~J :~~~~~~~~(~~:::::::~~~~~=~~:~~~~~~~~~~ a:~~ • ~~~~~~~~~~~~~~~~~~~ I :1~~ [~~:::~ ~:~~~~J I :~~r u~~~~:~~~~~~~~~~~~
Life Insurance '! f i i
(Asso~latlon of Life Insurance Presidents) !/ .i
Admitted life insurance assets (40 cos.): , · 1 '
Grand tot><L ..••.•••••.•.. milla. of dolls .. i ....... ___ .; 15,366 ! 16,288 l\1ortgage loans- :i
}~~::::::::::::::::::~[1~: ~l3~l~:::::::::::::: All other ... ------------mills. of doHs .. : ......... \1
Bonds and •tock:s (book value): ! Oovernment. ______________ rnills. of dolls .. : _________ i! Public utility ........ ______ mills. of <tvllq __ l ______ ... !! Railroad ..•.••••••.••••.•.• mills. of do!!s __ l ________ .t! All other •.. ----------------mills. of dolls .. :---------,[ Tota!. ..................... mllls. of dolls ........... ·:
p~~~-c::!~~~s-~~~-~:~~~~':~-~~~·~nills. of dol~ ......... _[1.' 2, of•+ Amount of new insurance (41 cos.):
Group. ____________________ mills. of dolls .. : 112 lutlustrinL ................ mills. of dolls.. ~l'i Ordinary .................... mllls. of dolls .. ; 615 -i 'rotal insur~mce ___ • ________ mills. of dolls__ V15 :1
HJl :!1i2 71)-!
1, 117 : Policies and certificates, new (44 cos.): i
Group.------- .•.•.• thous. of certificates __ : J'l il 4-1 IndustriaL ___ ,..,. ________ thous. of policies__ raM;: l, 15·; Ordinary ............... thous. of policies.. 2-1~ _I 3:,o 'rotal polieies and certificates .. thousands __ ' 1, 100 :I 1, 551
Prornium eollectious (44 cos.): • · \, , Annuities ----------·-------thous. of dolls._, .. -------'! ~3. [10-! ' Group -----------····-----tbous. of dolls ........... ', iD, l6tl IndustriaL--~ ~-~-----~----thous. of dolls ... --------_:: 11a, 491 Ordinary .. ~ ---------------thous. of doih; __ : ------- .. :: :!00, 820 TotaL _____ ---------------tbous. of dolls __ ......... >/ :n~. 38·1
0, 387 1, 52:3 4, 8G4
I, 28! I
1, Gti7 2,6t-.g
52b 6,161
2, 544
29 230 noR 847
1\l 951 2f>9
1, 22~
0,812 7, 464
59, 20-l 158,721 235,201
Sa~".:ieo8f ~r~~~~~~h lll~~~=~~~nce (Lite Insurance . d Canadu, total, 1.; cos •.••.. thous. of dolls __ , 37,33' '! 47,11:3 · 38,860 United State..•. totaL ...... thous. of dolls __ , f>31, 7i 7 ! 7~U. Uil : 629,760
Eastern manufacturing dis- i 1
trict _________________ thous. of dolls .... : 2SU, 3:~ l '! M2, Ill Far western riistricL .... thous. of dolls __ , 6~. 8'"A ! 7\J, 1;9,} Southern di,trict. .•••• thous. of dolls •• ! 6o, OIJJ j 88, GSI,
278.1165 64, 1!0 66,626
Western agricultural dis· i trict.. ............... thous. ofdolls .. i 7o,3!5 ~ 110, 18> 80,794
Western manufacturing dis- ! I tricL •..•..•••...•.. t.hous. of dolls .• ] 13G,ll8 i liD, 2•.iG I39, 535
Ordinary liie iusumnce, lapse rates (Life In· 1 surance ltesearcb Bureau): 1 •
Pnited States, totaL .•.•.. rel. to 1925--26 • .1 ....... -- i East i'<orth CentraL .. rel. to 1925--Zii __ , _______ .. l East South CentraL •• rel. to 1925--26 . .1--------- .
1•
Midc!le Atlantic ••.•... rel. to 1925-26 .. 1---------l\1ountain ............. rel. to 192~2ii--:--------- J New England _________ rel. to I925--2ii .. :---------
1 Pacific ................. rel. to 1925--26 .. 1---------, South Atlantic .•••.••.. rel. to 1925--26 .• 1--------- [ "":est North C'entraL .. rel. to 192~~·-1--------- 1 \\est South CentraL •. rel. to 192o--2o .• '---------i'
8 127 '141 '131 '140 '1~! 3 1::;7 s 118 'll7 '125 '128
16,227
6, 379 I, 527 4, 852
1, 283 1, 6"·' 2,687 I
524 6,159
2,508
41 214 5G3 I
81~
' lR 761 256 I
1,035 i
I6, 135
6, 361 ' 1, ,1)30 I
4,833 I
1, 292 I, 661 2 669
'519 6,143
2, 446 I
37 199 484 720 '
22 ' 123 223 960
1~; !~~ I ?; ~~i 58, 3C.~· 5.'), :-n u :
105, 5S7 ! 150, 4!10 241,561 2:.?:?, 30U
16,070
6. 359 I, 533 4,8~6
1, 258 1. 6~7 2, 663
.>04 6,092
2,409
46 247 047 839
26 995 233
1,254
9,304 7,8!)5
62,874 1[)4, 57~ 234,652
15,978 :
6,353 1, 535 4,818
1, 213 I, 662 2, 657 '
503 ' 6,035
2. 388
46 253 fi(l6
005
22 994 260
1,276
17, U79 8, 114
55,612 178,398 260,103
36. 006 I 30. OM ' 35, 738 599, ~55 : 535, 353 58\l, 497
39,977 634,902
258, 215 221,440 61. 492 56, 553 64, 470 ; 61, 076
80. 224 i 75, 004
242,920 267, 378 60, 607 63. 112 69, 047 73, 714
84, 197 111,959
13,), ·124 I I21, 2SO 132, 726 138,739
I • 124 !--------- ---------• 140 '--------- ---·----·
: i~3 1::::::::: :::::::::
: ~ ~~ !::::::::: ::::::::: : ill~ 1::::::::: ::::::::: l 120 ~--------- --------, 12:~ 1--------- ---------
• For earlier data see table on page 21 of the Octob~r, 1931, issue. .Revised.
I5,871 I 6,3561 I, 5371 4,8IU
I,189 l 1.644 ! 2, 653 i
504 . 5,900 i 2,363 i
I 81 i
251 ' 6i3
1,005
45 926 285
I,256
I3, 868 8,117
W,6M 173,947 2'56, 586
I 15, 769 15, 662 i 15,5731
6,330 I 1, 5471 4, 783
6, 345 1, 541 4,1304
I,164 1, ill! 2,1153
499 5,1127
2, ~i31
72 2:36
~~ i 35
845 2'S8
I,I•68
25, 1'75 8,0:!7
59, 81H 175,51\2 268,!Sli8
6,3321' 1, 544 4,788 !
1,1341 1, 605 2,660
495 5,894!
I 2,300'
991 225 i 591 i
1,025 ' I
I,120 i 1, 678 I 2,M1 I'
487 5,836 \
2,273 i 62
247 720
1,028
59 I 28 865 I ss1 301 ,
1
321 1, 225 1, 230
12,682 11, 919 8, 398 I 8, 7\lO
1i3, 854 62, 920 183,992 1 186,452 208, 926 1 210, osi
!
46,221 ·, 41. 314 : 45,648 I 46.945 734, 6I4 l 724, 2((j I 754,002 ! 770,440
321, 403 I 313, 038 327.077 I 343, 745 70, 221\ ' fJ8, 6fl3 70, 943 I 73. 579 84, 055 i 8I, 955 82, 930 1 77, 628
100, 752 l 98,861 102,39611
101,945
I58, I78 i 16I, 68!l 170,656 ' 173, 543 : I
15,474 i 6,323 1,5.10 •• 768
1,108 i 1, 572 1
2,648 4~5
6,813
2,241
104
~~ 912
60 731 247 :
1, 039
12,430 8, 748
56,3$8 166,759 244,325
40,180 ' 647, 140
289,757 60,094 64,009
86,439
146,841
•m i ......... ; ......... i 1113 --------- --
15,392
6,312 1, 555 4, 757
1,106 1, 545 2, 633
478 5, 762
:?, 212
78 214 5V6 88&
44 7.70 2:31
1, 026
JO. ;41 10,108 6:?, 651}
170,497 254,005
-11, 188 628,607
2BO, 066 61, 5:=<0 6-5, 32\l
1;2, ;54
138,86\l
: m ::::::::::: 1========:1 1112: !-w-•••-.,•j~--••-•••1
' 116 --------- ------·--
9'-' 1-------~·-·---------
~ t~ !,~~~~~~~~t~~~~} I 110 i-•••...• .1 .. _ .... ..1
• 128 .---------' ------- ~-
I 128 .•..••..•• ---·----· 1108 '-------·- ---------• 114 ---------·-----·--·-• 98 ·---------- ........ .
I 109 , ................. . I 108 ................. . 1119 : ..•••••.• '---------
' Quarter ending in month inrllcatecl.
March, 1932 SUHVEY OF CURRENT BUSINESS
MONTHLY BUSINESS STATISTICS-Continued
Earlier data for items shown here mau be found in the 1931 Annual Supple .. ment to the Surr,eu
1!)32 [1 1H31
Jan~a~~~~ Dece~N;;v~~~~~:~erfs·e~>tem:-1 ~~~gust,. J~ulv ~~-J:ne May 11 April
. 1. ber ber i bcr • 1 --------·----------~------------~------- ,. _____ -------1-----~--·--- ·- .I...... -.------ ----~---~~---1 l I l I
t'IN ANCE--Contlnued · [ 1 [ i ! Public Finance · 1 I ·
March
i I i I Customs receipts .............. thous. or dolls.. ?7, ISO 21>, 549 . 27,445 1
[ 35, 175 35, 500 ~~ 3R, 2·10 [' 34, 480 '.! 28,986 27,463 I 31,792 : 31,807 Expenditures chargeable to ordinary : ~- '
receipts ....................... thous. or dolls.. 232, D27 1 8ti2, 3·18 292,6.12 ! 416, 472 356, f-20 i 323, 83S i 330,661 i 375, 153 , 285,892 432,366 :1
720,236 Gov~rnment debt, gross, end of I i I '
month ...................... mills. or dolls.. 17,816 17,82.5 1 !7, 310 17, 292 17.321 I 16,804 -~16, 802 i 16,801 16,527116,655 ; 16,583 Total ordinary receipts ........ thous. of dolls .. 107,748 342,271 i
1
106,304 [134, 649 368,792 i 122, 141 131,706 i,·_ 512,894 124,405 148,208 1 433,301 United States money in cir·
oulation ........................ mllls.ofdolis .. 5,645 5,611· 5,5181 5,4781
~.1331 4,947
1
4,836 4,750 4,6791 4,647!, 4,590
Stockholders
55
Febru- II Jantl . ary nr~
28,107[
191,4251
16,231 ! us. 614 I
4,598 1
'28,806
413,796
16, 16R 125,60fl
4,tW5
I
I i ' . I 't Am~rican Telpphone & Telegraph Co.: I , I ! 1 , .
~~:~~~~ic_._·~~==: ::,::::::::::: :::·~~:~~~~ :: :::::::::' a 6~~: t~~ :::::::::: ::::::::::'6lt rr3 [::::::::: ::::::::: ,'5i~: ~~ ::::::::::l::::::::f?:: ~~~ :::::::::1::::::::: Pennsylvama R. R. Co: , 1 , ; I I I I
Dow.estic ............... _______ ... number ... _ ......... _I, a 24S, 509 ~.---------1-------·-1'241, 391 ~--·-····· --·------ 1240, 734 ·.---------~--------· 11235, 306~--------- ! ........ . U .lr:~;lnCorporatio·n-(corr]rr)onst~~l:1ber..: .. ------:.
1 3' ZGS ~---------~---------~ a a, 2S4 ~------·---·-------: 1 3• 291
.................. i 1 3• 272 --------t--------
f,,~~~~i::~c_-_-_-:: ::::: ::::::::::::::~~::~~:~ :: i:::::::::i' 1 I~: ~g~ i:::::::::i:::::::::i'l~g: ~~~ !::::::::: ::::::::: ;'1,s;: ~~~ ::::::::: r::::::::: i'\4~: !~? :::::::::1::::::::: Bhll.fes held by brokers.. ... p. ct. of totaL:--------< J 13.29 :---------~---------! 1 13.16 1------·-- ---------: 1 14.37 '---------~---------~ 1 15. 68~------··t--------
Stocks and Bonds 1 · i i ; j I
BONDS
Bond prices: Combined price !
Index... . ...... p. ct. of pnr, 4% bond •. i Highe,t-grade ruils.p. ct of par, 4% bond .. ! Industrial ....... p. ct. of par, 4% bond .. ' Public utility •.•.. p. ct. of par, 4% bond .. ) Sernnd·gnvle ratls.p. ct. of par, 4% bond •. '
Bond prices, 1st of following month: , 60 domestiC' bonds ........... p. ct. of par .. ' 40 repre•eutative lssues ...... p. ct. of par .. ! 5 Liberty bonds ............. p. ct. of par .. ;
Bond yields: ! Industrial (15) .................. per cent..' Liberty and Treasury bonds .... per cent..: Munieipal (!.>) ................. per cent..• Muni<'ipal bond yield (20) ••••.. per cent..i llallroads ( 15) ................... per rent..: U. S. Treasury notes and certitkates, 1
3-6 mos.------------ .......... per cent..: Ut.ilitiee (15) ____ ................ per cent..· Total, 60 high grade .............. per cent .. '
Long-term real-estate bonds issued: : Grand total ............... thous. of dolls •. Intere~t rate~·-----------------·--per cenL-1 K ind of strnrture--
Apart.ments ........... thous. of dolls..· II otels. _ ......... _ ... tbrms. of doils ... l>fli<'e and commerc!aLthuus. of dolls ..
Purpo8fl of issue-AC'quisiUons and hn-
prvvewents_ -------. thnus. or dolls __ :Fiuunce eonsnuetion __ thous. of duils __ ' Hca!-estate mortgoge . thous. of dolls __
STOCKS
Stock~ J?rices, ~verage daily closi~f: ,_, , 25 mdustnnls, avt>-rage ____ do .. s. per s .. nre __ 25 industriais, average.~ .. --rel. to 102:)-·25 __ : 2fi raiir•)ads, avPrage ______ dol!s per shHr,.. __ 25 railroads, ave-rage _______ reL to 19ZJ-2.? __ 103 .:.torl~s. av~rage _____ dolls. per share __ !
Stock prices, average weekly closing: · All groups (4!H). ................. re!. to 1926 .. .
All railroads (33) ............. rel. to 1926 .. : All utilities (34) .............. re!. to 1926 ... Industri!ils, ruils and utilities
(3:l7). _ ..................... rei. to 1926 . ' Agricu!turallmploments (4) .. re!. to 1926 ... Airplanes (!O) ................ rel. to 19•6 .. : Automobiles and trucks (13) .. rel. to 1926 ... 1
Automobile tires and rubber goodR (7) ..................... rel. to 1926 ..
('bain stores (l'l) ............. rel. to 192ft .. : Copper and brass (9) ......... rei. to J;l2R .. : Food, other than meat (2fl) ... rd. to 1926.-' M achinery and machine equip-
ment (lO) ................... rel. to 1926 .. ' Oil producing and refining .
(16) ......................... rei. to1926 .. ' Railroad equipment (9) ........ rel. to 1926 •• ; Hayou (5) ..................... rel. to 1926 .. : Steel tiDfl iron (9) ............. rel. to 1926 .. . Textiles (30) .................... rel. to 1926 .. ! Tbe"ters, motion pictures and 1
amusements (7) ............ rei. to 1926 .. . Tohacco and tobacco products :
(10) _._ ..................... rei. to 1926 . .' Traction, motor transportation
(9) ......................... re.J. to 1926 .. i
.o7. 47 : 76.95 50.04 66.09 46.54
88.18 ' 4~1. ft3 06.01 :
7. 11 ,. 4. 27 . 5. 2R ' 4. 9\l :. 5. 70 1:
2.4~
·"· 3(; .i. 86 i
1. 075 f>. 50
0' 0
()HO I
0' 210. 8%
111), 92 ' 1);), 4
uo. ns -n. !~:
IS. 14 ·
:'IRO :~f). (j I
\_1·1. 4 .
ol. 4 75. G I
lOl. 2 G4. 2
21.5 ! D7. 3 :)G. 1 !' 'j.). F. :
47. 7
4'2. u 8LO ~(;, y :l~. 1 :m. 7
1·;.s 1
~s. 3 !
2 Hevi:::ad.
.13. 2:l ' 7.5. 29 . 47.37 ()5, g4 : 39. 11 i
i 88.19 . 45. 61 tJ8. 23
7. 24 3. 92 4. 86 4. R7 5. 85
2. 41 5. 2f1 5.81
3, lSD 5. ·13
0 0
2~ ,')7 ;) '
()
0 2, 800
119. 9(i !)5. s
zs. 44 . L~o. 7
1/.llJ
5/.7 I
33.0 r15. c M.3 74.7 tl2. f} fi4.8
2-\.9 57.4 35.2 74.0
46.1
,~a. n 31.0 3S. 8 :H.O 3LO
15.8
90. tl
3i. :l ;
64.08 83.73 56.31 72. 15 53.02
91.72 50.20
100.86
6. 08 3. U9 4. 62 4. 45 5.17
1. 77 4.89 5. 19
2, 619 5. 71
0 500
1, 979
0 721)
l,&t./4
142. !)7 114. 2 37.82
54. I 21.27 .
71.7 4ti.O
11-i. 7
G7. 5 : 98. 1
122.2 . 75.4 .
33 0 i ~9. ~ i 45. u 89.2 :
60.7
58.7 I 41.5 4tl. 0 H.6 35. 7
27.7 1
lOG. 2 .
43. f,
65.06 . 84 35 55.48 71.93 I 56.49 I
92. U6 ' 56. 10
100.37
6. 21 3. 71 4. 5J 1
4. 34 5. 14
1. 70 4. 77 [..16
0,125 5.00.
o• o·
Q, 125
72.24 92.70 6160 78.40 64.11
Gfi. 32 53. P8
103.76
5. 64 3. 42 4.00 4. 06 4.66
,45 1
4. 50 4. 70
66, 7S5 5. 80
0• 0'
Gil,445
0. 0 i
500 ' 395 s, 625 ' ve, ogo
146. 65 117.2 44. 72
u:l. 9 23.85
6!1. 7 i 4K4 1
111.9 i 6·1.8 80.1
121.5 , 70.4 :
31.3 : 69.7 43.0 84.3
.59. 3
53. 1 41.2 . 42.6 41. 7 35.9
28. 3
104.7
4E. 6
~~~5~~ : 46. 44
6fl. 4 22. ~lO
81.7 F.6. 1
131.9
75.8 94.0
158.1 . 84.7
41.1 80.0 50.0 96.7
71.6: i
60.0. 46.4 i
45.9 : 54.8 i 10.4
37.9 :
117. 5 .
51.1 I
77.05 95. 14 65 82 82.81 70.76
99.98 71. 02
106.04
5. 26 3. 34 3. 8-~ 3.85 4. 47
.42 4. 40 4.00
2, 100 5. 76
0 0
1,985
0 065 635
190. 59 152.3 L7.S7
82. 7 32.48
95.5 66.2
154.0
8~.5 115.0 194.1 103.4
49. 1 91.6 lit.()
112.0
8-1.2
43.4
13fi. 9
59.8
80.99 97.70 67.75 83.68 80.34
100.38 72.32
106.09
5.13 ' 3. 32 3. 88 . 3.86 ' 4.32 I
.41 4.42 4. 44
775 ' li.78
0 0
175
0 600
0
193.83 154.9 64.88 92.8
33.35
!!8.2 75.3
157.5
89.8 130.7 196.3 104.9
50.2 89.2 65.8
112.2
88.0
67.4 57.2 4R. 9 71.8 45.8
44.5
141.0
62.7
79.07 97.73 ' 64 36 82.76 78.51
100. 25 83 84
106.30
5. 25 3. 30 3. 76 3. 84 4. 82
.55 4. 46 4. 45
3, 425 6.69
0 (I
2, 700
6 1,000
425
IllS. 56 158.6 ().~. 09 9~. 4
35.81
95. 1 74.0
153.0
86.5 ' 129.2 1g9. 7 !
101.2.
46. 7 i 88.5 62.0
1!1. 9
83.4 '
63.1 . 54.0 . 48.£ . 68.2 45.0 .
44.6 !
133.5
63.2
80.48 97.68 66.70 80.91 82.54
99.89 RLOI
106.84
5. 24 3. 31 3. 75 3. 74 4. 27
.88 4.44 4. 43
9, 48f, 6. 43
0 265
8, 650
265 0
9,220
193.76 154. 8 65.89
Y4. 2 a1.39
OB.O I 76.8 i
156.4
89.4 140.3 202.3 110.0
46.4 8~.8 . 66.7
117.7
88.7
63.2 57.1 48.6 7~.1 47.4
44.3
137.3
60.8
• Quarter ending In month lndkated,
80. 861i 96. II 6815 I 80.06' 84.03 I
I 100.12 i 85.30 1
105. 77 !
5.10 1
3. 38 ' s.so 1
a. 85 1
4.33 I I
1. 49 ! 4. 46 I 4.43
7, 235 ; 5.68 I
2£)0.
4,40g '
0' 1, 700 8,135
215.74 172.4 . 74.97 107.2 : 3C. 38
109.2 87.3
169.8
100.3 150.5 . 227.6 117.4
50.0 86.2 79.4
127.1
109.4
'14.1 67. 6 . 52.6 ' 86.1 52.2
61.3
144.3
61.9
82.29 96.31 70 S3 79.59 86.58
100.15 88 03
105. 37
4. 98 3. 39 3 89 3.90 4. 27
1. 38 4. 48 4. 41
2,015 5. 66
0 0
1, 475
210 l,(JOO
6:;0
237.52 189.8 84.55 120.9 40.49
121.6 97.2
1S8. 9
j
111. s I 178. ~ . 26~. 2 ' 128.6
57.5 89. g 95.7
136.9
125.1
S·l. 6 7S. 2 51.5
102.9 ! 58.2 .
76.1
143.8.
67.1 !
82.06 IIi 96 41 70.72 . 79.00 86.39
100.27 86.67
104.85
5.01 3. 40 3. 95 4. 03 4.27
1.06 . 4. 54 1
4. 44
3,590 ! 5. 36
0 o.
2,000.
0 1,500 1, 090
235.29 188.0 92.03 131. 0 !
44.00 .
11~.8 104.7 177.9
110.3 174.0 237.3 120.4
04.4 S6. 4 £10.8
133.2
125.8
90.7 77.4 52.2
101 2 55.3
80.2
137. 4
66.3
bl. 98 96.59 70.98 78.14 86.54
99.m 84.-'11
104.2:3
4. 99 3. 33 3. 92 4. 05 4. Zo
1. 24 4. 56 4. 4'1
4,520 b. 81
0 j, 200 1, 2GO
1, 2jU 2,850
(J
214.18 171.1 90. 3~ 120.2 40. G!l
112.:; 100.4 Wl.4
10~. -1 Hi!. 7 202.5 lOli. 2
:,o. (i 71>. l 82.!
12i. ~
120. ,[
S~l. I 74. i
1'\i, -1
fi3. l
56 SURVEY OF CURRENT BUSINESS :March, 1932
MONTHLY BUSINESS STATISTICS-Continued
Barlier data for items ahown her., ma11 be found in the 1931 Annual Supplement to the Survev
1932 1: 1931 -·-·--,----,-
Januaryli Decem- Novem-~ October I Septem-1 August I July I' June May I April 'j March 1 Febru·jJanuary
---~~~ -~~---:-~~~------·1--- ----1---~---:~1---11 ' r j I 1; I I . I . I I· I I I I II i I
1 I ! I 34.3421: 50,190 37,369 47,895
1
. 61,140 24,890 33.5401, 68,719 46,6611
1
. 54,335 65,494: 64,1451
1
li 1. 26 i; 1. 01 6. 45 6. 40 6. 03 5. 80 6. 77 j 6. 85 6. 71 1 6. 59 6. 54 i a. 61 I 8.2211 8.66 7.06 7.28 6.51 5.74 6.66, 6.96 5.951 5.43 4.95i 6.1211 8.89 d 9.041 7.32 7.491 6.63 5.94 6.891 6.26 6.23 5.69 6.17: 6.35 6.37 I 6.60 5.50 5. 74 5.ll 4.36 4.33 i 4.47 4.42 I 4.04 3.60 I 3.89f 9. 01 I, 12.70 9. 791 10.07 I 9. 59 8.15 . 7. 54 i 7. 76 7. 91 I 7.12 6. 76 ! 6. 29 '
I' I I I I ' I
Bon~:t~E:_;;;;~~~~-~~-t~:::us. of dolls .. _______ J ______ ___i 150,033 i 4361 51,073 1,923 7,1331 62,240 6<16,<!40 ~~ 67,994 44,958 39,8.341 Corporation ........... thous. or dolls .. ---------1'1 ________ ,1 0 I 150 I 240 400 683 ! 5, 085 9, 660 3, 976 17,054 19,300 I Dominion and provincial , : I 1
..................... thous. of dolls •• ---------1---------: 150,000 I o 0 0 6,000. 33,650 650,141 1 25,764 a,057' 8,000 MunlcipaL ........... thous. of dolls .. _________ , ......... : 33 286 833 1,523 1,450
0 I 13,005 7,039. 28,254 18,097 12,534
Railways ............. thous. of dolls •• ---------11-- 0 , 0 50,000 0 ' C 0 I 0 I, 750 0
FINANCE-Continued
Stocks and Bonds-Continued
STOCKs-Continued
Stock sales, N. Y. Stock Ex-change ____________________ thous. of shares .. Stock yields:
Preferred high-grade industrial (20) ___________________________ per cent .. Total common (90) _____________ per cent ..
Industrials (50) ............. per cent .. Public utilities (20). ________ per cenL Railroads (20) _______________ per cent ..
52, 543
5. 66 5.50 5. 73 4. 26 6.56
109,864 2,685
35,444 1, 735
70,000 Bond sales (U.S.): 1 j [ j I
Corporation- j : , I TotaL ................ thous. of dolls.. 48, 164 86,331 70,202 I 17,891 1176,264 51,997 155,934 ! 252,918 250,599 ,
1
456,678 401,229 88,226 580,706 Class of industry- 1 'I I
IndustrlaL ....... thous. of dolls.. 150
1
19, 100 583 2, 160 1 4, 550 9, 197 1
15,439 I' 6, 350 i, 850 1 96,932 82,400 2, 925 69, 173
ings _____________ thous. of dolls.. 1, 225 5, 785 5, 784 1 9, 625 67,009 2, 650 ' 1, 651 ] 3, 813 10,415 7, 577 3, 765 6, 405 8, 021 ~~~ I I on ________________ thous. of dolls.. 0 0 0 I 0 0 400 I 0 5, 000 2, 000 j 4, 940 2, 053 0 fl, 500 Public utilities •• _.thous. or dolls.. 44, 620 f 53, 398 51,285 2, 000 42,080 27,456 : 136,800 I 220,416 210,025 ; 305,661 101,393 64, 266 324, 108 Railroads ......... thous. of dolls.. 0 0 ! 12,550
1
• 0 60,000 12,295 1
0 1 16,ll3 22,500 1
• 6, 000 200,018 12,000 175,004 Shipping and mis- I , I '
2,630 2, 900 cellaneous ...... _ thous. of dolls.. 0 8, 048 : 0 ! 4, 106 1
2, 625 , 0 ' 2, 044 I 1, 226 .
1
800 35, 568 11, 600 Purpose of issue- · I
New capttaL.--------thous. of dolls__ 46,664 66,984 I 50, 123 17,391 156,381 46, 197 115,070 131,343 169,360 267,471 269,030 74,251 399,848 Refundlng ____________ thous. of dolls.. ,1, 500 ! 19,347 1 20,079 I 500
1
19,883 5, 800 40,8114 121,575 1
81,230 189,207 132,199 13,975 180,858 Type or security- 1 1 I
Bonds and notes ______ thous. of dolls.. 43, 745 1 47,463 j 46,347 :1
14, 285 163,399 39,835 153,814 247,034 190,065 354,969 391,758 61, 460 535, 404 Stocks. _______________ thous. of dolls.. 4, 419 ' 38,868 I 23,855 3, 606 12,865 12, 162 1 2, 120 5, 884 60, 525 101,709 9, 471 26, 766 45, 302
Bond sales on N. Y. Stock Exchange: 1l 1 I , Miscellaneous ............. thous. or dolls .. 218,851 276, 780 ' 199,2281290,822 I 267,323 191,035 I 219,615 252,585 221,256 215,661 238,298 174, 535 Liberty-Treasury ........ thous. of dolls.. 67,676 1 61,046 I 37,389 56, 157 I 38,493 j 8, 675 i 8, 284 15, 167 14,431 12, 127 8, 723 19,911 TotaL .................... thous. or dolls.. 286, 527 I 337,826 I 236,617 I 346,979 305,816 199,710 227,899 267,752 235,687 227,788 247,021 194, 446
Foreign governments, excl. Canada ' 1 ' : 1
Foreignioansiii'ilie"uDiie'd""thous. of dolls.. 0 : 0 'I 0 I 0 I 0 0 : 0 0 II 0 I 0 0 0 States .... -------------------thous. or dolls.. o 0 • 8, 000 ! 0 23,602 0 : 1, 900 38,800 69,.184 44,303 13,791 8, 707
States and municipalities: I ' ' I I Permanent Joans ... _ ...... thous. or dolls .. 133, 132 • '49, 2!41 '54, 322 I 18,293 119,392 75,618 • 85.327 120,3361169, 0941111,386 279,443 119,589 Temporary loans ......... thous. or dolls.. 110, 293 • ' 81, 717 i 74, 625 ! 50, 122 104, 129 91,522 ~ 45,602 30,892 I 24, 772 196,598 64,979 I 238,436
• Revised.
247, 308 '16,809 264,117
0
95, 657
49.977 81,697
U, f., GOVERNMENT PRINTING OFFICII tUZ
EXPLANATORY
The Survey of Current Business is designed to present each month a picture of the business situation by setting forth the principal facts regarding the various lines of trade and industry. The figures are very largely those already in existence. The chief function of the Survey is to bring together those data which, if available at all, are scattered in hundreds of different publications. A portion of these data are collected by Government departments, other figures are compiled by technical journals, and still others are reported by trade associations. The Survey of Current Business computes the indexes on total stocks, new orders, agricultural marketings, crop marketings, and unfilled orders based on available data.
SOURCES OF DATA
The sources and inclusiveness of the data appearing in the table "Monthly Business Statistics" will be found noted in the 1931 Annual Supplement to the Survey of Current Business, and the sources of the weekly data are given on page 4 of the February 5, 1931, issue of the Weekly Supplement to the Survey of Current Business.
HISTORICAL DATA
Monthly data on all the various series carried in the Monthly Survey will be found in the 1931 Annual Supplement to the Survey, running back seven years and in some cases eight years. Data previous to that included in the 1931 Annual Supplement will be found in the monthly Surveys prior to 1924.
RELATIVE AND INDEX NUMBERS
To facilitate comparison between different important items and to chart series expressed in different units, relative numbers (often called "index numbers," a term referring more particularly to a special kind of numbers described below) have been calculated. The monthly average for 1923-1925 has usually been used as a base equal to 100.
The relative numbers are computed by allowing the monthly average for the base year to equal 100. If the movement for the current month is greater than the base, the relative number will be greater than 100, and vice versa. The difference between 100 and the relative number will give at once the per cent increase
or decrease compared with the base period. Thus, a relative number of 115 means an increase of 15 per cent over the base period, while a relative number of 80 means a decrease of 20 per cent from the base.
Relative numbers may also be used to calculate the approximate percentage increase or decrease in a movement from one period to the next. Thus, if a relative number for one month is 120 and for a later month is 144, there has been an increase of 20 per cent.
When two or more series of relative numbers are combined by a system of weightings, the resulting series is denominated an index number. The index number, by combining many relative numbers, is designed to show the trend of an entire group of industries, or for the country as a whole, instead of for the single commodity or industry which the relative number covers. Comparisons with the base year or with other periods are made in the same manner as in the case of relative numbers.
SEASONAL ADJUSTMENTS TO INDEXES
Seasonal variations are found in most series of economic statistics for which monthly values are obtainable. Consumption and production of commodities, interest rates, bank clearings, railroad freight traffic, and many other types of data are marked by seasonal swings repe'Elted with minor variations year after year. These, in so far as they exist at all, are definitely periodic in character, with a constant 12-month period. In cases where an adjustment is noted for a series carried in the Survey, the index has been corrected for number of working or business days in the various months and then adjusted for seasonal variation. The index figures thereby become comparable throughout the series.
METHODS OF USE
Methods of using and interpreting current business statistics have been collected by the Department of Commerce from many business concerns and are described in a booklet entitled "How to Use Current Business Statistics," together with methods of collecting statistics. This booklet may be obtained from the Superintendent of Documents, Government Printing Office, Washington, D. C., at 15 cents per copy.
Announcing a fifth edition • • • • • •
Market Research Sources 1932 EDITION Domestic C:ommerce Series No. 55
As convenient to use as a card index-
this "central clearing house" of existing and available information on domestic marketing enables you to learn quickly and definitely whether your proposed research will duplicate investigations already made-and, if so, whe:re you may obtain the reports of their findings.
Quoting from the foreword :
This, the fifth edition, contains a classified description .of currently useful research results in the marketing field, complete in so far as widespread voluntary cooperation of private and official research agencies has been able to make it. Recognizing that the usability of, such a source book decreases as its bulk increases, all re:~earch material published prior to 1925 has been eliminated from this issue, although the existence of valuable earlier data is indicated.
Only material which will be made available upon· request to the general business public is included
In order to emphasize that the volume is a reference book of existing and available information, and not a complete directory, the name of this year's edition, compiled
,,, by R. Bretherton, of the Marketing Service Division, is changed from Market Research Agencies to MARKET RESEARCH SOURCES. .Another important change-a "Finding Guide" at the beginning of the publication facilitates location of subjects.
Price 30 cents
• • • • • • • • • • • For sale by the Superintendent of Documents, United States
Government Printing Office, Washington, D. C., or any district
office of the United States Department of Commerce .
•• I. •oVIINMINT PRINTIKS OFFICE, lUI
