survey of current business july 1933 - fraser...of labor estimates the number of unemployed in june...
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JULY 1933
SURVEYOF
CURRENT BUSINESS
UNITED STATESDEPARTMENT OF COMMERCEBUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
VOLUME 13 NUMBER 7
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EXPLANATORY
The Survey of Current Business is designed to presenteach month the available statistical measurements ofeconomic activity, together with the necessary analyt-ical comment, which will enable readers to obtain acomprehensive picture of the business situation. Cer-tain of the more important series are presented ingraphic form so that the trend of the major indicatorscan be readily determined. In order to get the monthlystatistics to subscribers more quickly, and to bring thematerial up to date with current weekly statistics, a4-page supplement is furnished each week as part of thethreefold service of the Survey. Libraries should notethat all of the statistics presented in the weekly supple-ment are not republished in the monthly numbers. Itis important, therefore, that these supplements bepreserved and bound with the monthly issues if theentire record is to be complete.v" jOver 2,100 series of data, gathered from more than 200organizations, are presented regularly each month.Most of the statistics are not compiled by the Survey,but represent a careful selection of material availablefrom all sources. The chief function of this publicationis to bring together in usable form the statistics which,if published at all, are scattered in hundreds of differentpublications and reports, and to aid in the properanalysis and interpretation of the figures. The Surveyof Current Business compiles the indexes of domesticand world stocks, new and unfilled orders, agricultural,livestock, and forest-products marketings, foreign trade,5- and 10-cent store sales, and department store sales bydistricts.
SOURCES OF DATAThe sources and inclusiveness of the data in the table
"Monthly Business Statistics" will be found either inthe explanatory footnotes covering each series in the1932 Annual Supplement to the Survey, or on the indi-cated pages of the monthly issues. These latter referto new material added since the 1932 Annual Supple-ment was published. The data given in these footnotesshould always be kept in mind when utilizing thestatistics carried in each monthly number. Sources ofthe weekly statistics are given on page 20 of the July,1932, issue of the Survey, and in somewhat more detailon page 4 of the August 4, 1932, issue of the WeeklySupplement to the Survey.
HISTORICAL DATAIn the 1932 Annual Supplement to the Survey of
Current Business, the statistical series presented cur-rently are carried back on a monthly basis to 1923, andon a yearly basis to 1913, where available. The statis-tics therein have been carefully reviewed and revised andsupersede those carried in the 1931 Annual Supplementas well as those in the semiannual numbers issued priorto 1931. The December issue contained the first majorrevision of material since the 1932 supplement wasissued. A list of the series dropped, as well as of the
new data added, may be found on page 56 of this issue.Earlier data for the new series, if published, may befound on the indicated pages of the monthly numbers.
Since the reduction in printing funds makes itimpossible to publish the 1933 Annual Supplement,subscribers may find it convenient to keep the March1933 issue posted up to date with the latest revisionsand to fill in any 1932 data which were missing at thetime of publication. They will thus have a complete1932 record in this one issue.
Monthly data prior to 1923 will be found in the earlyissues of the Survey and, in the Record Book of BusinessStatistics, data on textiles, metals and machinery,fuels, automobiles, and rubber are carried back to 1909on a monthly basis, where available. These recordbooks should not be used for data later than 1922, andthe monthly data should be checked against the annualaverages given in the 1932 Annual Supplement to assurethe continuity of the series and to obtain any necessarycorrections. The three parts of the Record Book maybe obtained from the Superintendent of Documents,Government Printing Office, Washington, D.C., for 10cents each, or 30 cents for the set.
INDEX NUMBERSTo facilitate comparisons of the movement of impor-
tant series over a period of time, index numbers havebeen used in numerous instances throughout theSurvey. In brief, these index numbers simply expressthe current movement with relation to a fixed base—usually the monthly average of the years 1923-25.The construction of these index numbers is described inbrief in the annual supplement.
SEASONAL ADJUSTMENT OF INDEXESSeasonal variations are found in most economic
series for which monthly statistics are obtainable.Consumption and production of commodities, foreigntrade, retail trade, employment, construction, railroadfreight traffic, and many other types of data are markedby seasonal swings repeated with minor variations yearafter year. These are definitely periodic in characterwithin a 12-month period. In cases where an adjust-ment is noted for a series carried in the Survey, theindex has been corrected for the number of working orbusiness days in the various months, and then adjustedfor seasonal variation. The index figures therebybecome comparable throughout the series.
METHODS OF USEMethods of using and interpreting current business
statistics have been collected by the Department ofCommerce from many business concerns and aredescribed in a booklet entitled "How to Use CurrentBusiness Statistics," together with methods of col-lecting statistics. This booklet may be obtained fromthe Superintendent of Documents, Government Print-ing Office, Washington, D.C., for 15 cents per copy.
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Volume 13 JULY 1933 Number 7
WEEKLY DATA THROUGH JUNE 24, 1933MONTHLY DATA THROUGH MAY
SURVEY OFCURRENT BUSINESS
PUBLISHED BY
UNITED STATES DEPARTMENT OF COMMERCEBUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
CONTENTS
SUMMARIES AND CHARTSPage
Business indicators 2Business situation summarized 3Comparison of principal data, 1929 to 1933 4Commodity prices 5Domestic trade 6Employment 7Finance 8Foreign trade 9Real estate and construction 10Transportation 11Survey of individual industries:
Automobiles and rubber 12Chemicals 13Farm and food products 14Forest products 15Iron and steel 16Textiles. 17
STATISTICAL DATANew and revised series:
Life insurance-Admitted assets 18New business written 19, 20
Weekly business statistics 21
STATISTICAL DATA—ContinuedMonthly business statistics: Page
Business indexes 22Commodity prices 23Construction and real estate 24Domestic trade. 25Employment conditions and wages 27Finance 30Foreign trade 34Transportation and communications 34Statistics on individual industries:
Chemicals and allied products 36Electric power and gas 38Foodstuffs and tobacco 39Fuels and by-products 42Leather and products 43Lumber and manufactures 44Metals and manufactures:
Iron and steel 45Machinery and apparatus 47Nonferrous metals and products 48
Paper and printing 49Rubber and products 50Stone, clay, and glass products : 51Textile products : 52Transportation equipment 54
Canadian statistics 55Index of revisions made in December 1932 and June 1933 issues 56General index Inside back cover
Subscription price of the SURVEY OF CURRENT BUSINESS is 31*50 a year, which includes the 12 monthly numbers, the 1932 annualsupplement, and the 52 weekly supplements. Single copy price: Monthly, 10 cents; weekly, 5 cents; annual, 40 cents.
Foreign subscriptions, 33, including weekly and 1932 annual supplements. Make remittances only toSuperintendent 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
182446—33 1
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SURVEY OF CURRENT BUSINESS
Business Indicators1 9 2 3 - 2 5 = 1 0 0
July 1933
IGOINDUSTRIAL PRODUCTION
160FACTORY EMPLOYMENT AND PAYROLLS
PAfROLLS (UNADJUSTED)
160
100
40
ZOO
100
TOTAL FREIGHT CAR LOADINGS
UN/
11 1 1 1 1 1 1 1 1 1 1
DJUSTED
1 111 1 Mill
{ADJUSTED*
i m i Mill
DEPARTMENT STORE SALESAl UNADJUSTED
\ J
M M I M M - 111111111111
11111111111
or
200
100
VALUE OF EXPORTS
UNADJUSTED
1II 1 II
200
100
BANK DEBITS OUTSIDE NEW YORK CITY
1 929
(UNADJUSTED
1930
\
1 9 31 1 9 3 2
\ ^
1 933
IGO
100
40
200
100
INDUSTRIAL PRODUCTION
MANUEACTURES (ADJUSTED?*
-MINERALS (ADJUSTED) 9
CONSTRUCTION CONTRACTS AWARDED
UNADJL
\
1I il ii I n n i
STED
H I M H I M
/-ADJUSTED*
^ \
lYlflliim
160FREIGHT CAR LOADINGS L.C.L.
(•UNADJUSTED
(-ADJUSTED9
160
100
WHOLESALE PRICES
sFARM PRODUCTS
CALL COMMODITIES
JUofllllii;
200VALUE OF IMPORTS
*UNADJUSTED
160
100
4 0
FEDERAL RESERVE MEMBER BANK LOANS*
'
M i l !
1 9I,2
A
II!9
S TOTAL
l l M I I
1 930
(COMMERCIAL)
I
1931 1 9
1
3 2 I 933
» ADJUSTED FOR SEASONAL VARIATION * REPORT/NO MEMBER BANKS
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July 1933 SUEVEY OF CURRENT BUSINESS
Business Situation SummarizedBUSINESS activity continued to expand during
June, and the adverse seasonal influences usuallymanifest at this time have so far failed to halt the up-ward movement. Production was considerably higherin May and June than in the corresponding months of1932, and in the latter period reached the highest levelsince the middle of 1931. Steel ingot production hasincreased to 50 percent of capacity. Automobileschedules have currently been revised upward, andJune output is expected to exceed the May totalwhich was the largest since July 1931. Electric powerproduction continues to indicate extensive gains inmanufacturing activity; lumber production has im-proved steadily; and the industries producing themajor lines of consumers7 goods have maintained theirhigh May schedules. Output of a number of importantindustries was higher in the first 5 months of 1933than in the corresponding period of 1932.
Employment and pay-roll gains have lagged con-siderably behind the increases in production. Whilefactory employment and pay rolls both increased lastmonth, and the upward trend continued in June, theindexes in May were below the low level of a year ago.Average hourly factory earnings during the month alsowere at a new low point. The American Federationof Labor estimates the number of unemployed in Juneat over eleven and a half million.
Available indexes of consumer purchasing indicatefor the most part that goods are not moving into con-
sumption as fast as they are being produced. Therise in such industries as textiles and tobacco manu-facturing is much too large to be accounted for by anyincrease that may have occurred in consumer pur-chasing to date. However, stocks of finished goodsin the hands of distributors have been low for a con-siderable period and a more active demand wouldrequire some upbuilding of such stocks.
Department store sales in May were slightly lessthan in the preceding month, and the adjusted indexremained unchanged. Freight-car loadings in Juneincreased to the highest point of the year, and thespread in comparison with last year has widened sothat in the latest week reported, loadings were 13 per-cent higher than in the same week of 1932.
Construction contracts awarded during the firsthalf of June were higher than for the same period ofM&y, although the total remained very low.
Wholesale prices moved higher in June for thefourth consecutive month. Stock prices have beenirregular, but the large gains of the preceding 2 monthshave been held. Bond prices have been steady, fol-lowing the sharp improvement in May. Money ratesfor short term commitments continue extremely low.
Foreign trade improved in May, contrary to theusual seasonal trend. The increase in exports wasdue mainly to heavy shipments of cotton at higherprices, but for imports the increase was the result ofgains in a wide range of commodities.
MONTHLY BUSINESS INDEXES
Year and month
Industrial production
Unadjusted i
c
9
Adjusted 2
I 1g
Factory em-ployment
and pay rolls
1r
Freight-car loadings
Total
i
Merchan-dise, l.c.1.
IB3
fl
Departmentstore sales,
value
I
P
Foreigntrade, value,adjusted 2
•§
If
PMonthly average, 1923-25=100
jifKB•I
Monthlyaverage,1926=100
1930: May1931: May1932:
MayJuneJulyAugustSeptemberOctoberNovemberDecember
1933:JanuaryFebruaryMarchAprilMay
Monthly average, Jan-uary through May:
193119321933 —
105
65
10690
6059555866666358
6363596880
886667
10284
6561626673807872
7176746577
847373
10287
6059586066666566
6564606776
10187
5858575965656464
6462576676
10487
6763646570747576
7379817279
91.477.8
62.160.058.358.860.361.161.260.6
59.459.456.657.760.6
72.450.639.3
94.472.1
46.242.639.640.142.143.541.840.9
39.240.036.938.642.0
77.865.758.7
9779
5352515361655852
5151485156
765751
9679
5452515154575758
5654505356
10192
7471686872727064
6564636568
887565
9889
7171696869696869
6966626366
10597
72664649717573106
4949506867
906957
10597
7269656568696360
6060576767
9057
3734323133333233
3129282932
624130
8655
3436272932323230
2926262532
563828
123.6103.2
63.465.463.459.659.662.655.465.0
61.152.748.753.858.3
99.570 354.9
10565
2627273030292728
2219141417
73.2
64.463.964.565.265.364.463.962.6
61.059.860.260.462.7
75.865.960. &
1 Adjusted for number of working days. 2 Adjusted for seasonal variation.
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SURVEY OF CURRENT BUSINESS July 1933
Comparison of Principal Data, 1929 to 1933\FIRST 5 MONTHS V//////////A REMAINDER OF KEAR
BANK DEBITS OUTSIDE NEW YORK CITY- (BILLIONS OF DOLLARS)
50 100 150 200 250 300 350
V//////////////////////A
CONSTRUCTION CONTRACTS AWARDED - (BILLIONS OF DOLLARS)
lo 1 2 3 A- 5 6 7
!932pBp^^^1931 • • • • • I I I1980 • • • • • • •1929 • • • • • • •
1 1 1
V/////////////Ai
WM(/////f/////////{////f////WKK^Ktd(/////f////{///^ Y//////\
i -
STEEL INGOT PRODUCTION - (MILLIONS OF TONS)
lo to19331—1| |
1931 WBHSMAI930HHHBHI19 29 • • • • • •
20
WKm222Zi
30
i
40
V//A
50
Y////////Ai
60 70
AUTOMOBILE PRODUCTION "(THOUSANDS OF CARS)
1000 2000 3000 4000 5000
'///////////////////A
FREIGHT CAR LOADINGS -(MILLIONS OF CARS)
b io1 1 11933 • • • • • •i i i p p , ,
20 30 40 50
193 0 • • • • • • • • •1929 • • • • • • • • i
i i «
V////////AV//(//////f//////f/AV//(//////(//////{/////fyV/////////{///////^^^^
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July 1933 SURVEY OF CURRENT BUSINESS
Commodity PricesTHE upward movement of commodity prices was
accelerated during May and the first half of June.The rise has derived some of its momentum from thecontinued contraseasonal gains in business activity,but the inflation program of the Government and itsanticipated effects have been an important influence.While certain raw materials and foodstuffs haveappreciated to a greater extent than the decline in theforeign exchange value of the dollar, the general levelof wholesale prices has risen much less. Measured bythe principal European gold currencies, the dollarhas been quoted at a discount of from 15 to 20 percent,while the Bureau of Labor Statistics index of wholesaleprices, based on 784 commodities or price series, hasincreased 8.2 percent since the low point touched inearly March. The cost of living in May rose slightlyless than 1 percent from the April low point.
Wholesale prices which averaged 3.8 percent higherin May than in April, the largest monthly increasesince April 1920, advanced 1.1 percent further fromJune 3 to 17, and on the latter date reached a level 0.9percent higher than the June 1932 average. Of the784 commodities or price series included in the Bureauof Labor Statistics index, 364 advanced from April toMay, 371 showed no change, and only 49 declined.Nine of the ten groups advanced as did 35 of the 44subgroups. Nineteen of the subgroups crossed or
equaled the levels of May 1932. Prices of farmproducts at wholesale markets averaged 13 percenthigher than in April; foods, 5.9 percent; hides andleather products, 10.8 percent; textiles, 7.9 percent;chemicals and drugs, 2.5 percent; and metals andmetal products, building materials, and miscellaneousarticles, 1 to 2 percent.
Food retail prices rose 3.7 percent from April 15 toMay 15, the first increase since the fractional rise oflast October and the greatest monthly advance sinceAugust 1921. Of the 42 articles of foods on whichquotations are regularly received, prices of 30 increasedfrom April to May, 5 decreased, and 7 showed nochange. This compares with 12 increases, 17 de-creases, and 13 unchanged quotations from March toApril.
After having risen 27 percent during the preceding 3months, the general level of farm prices was fairlysteady from mid-May to mid-June according to reportsreaching the Department of Agriculture. From April15 to May 15 grain and cotton and cottonseed pricesrose nearly one third, meat animals 14 percent, chickensand eggs 11 percent, dairy products 7 percent, andfruits and vegetables 3 percent. As farm marketingsof grains and cotton are relatively small at this timeof the year, farm cash income from a price advance inthese products so far has not been greatly increased.
INDEXES OF COMMODITY PRICES
Year and month
1930: May1931: May _.1932:
May _.JuneJulyAugustSeptemberOctoberNovember.December
1933:JanuaryFebruaryMarchApril . .May
Monthly average,January throughMay:
19311932
Wholesale (Department of Labor)
Economic classes Groups
II
Monthly average 1926=100
88.873.2
64.463.964.565.265.364.463.962.6
61.059.860.260.462.7
75.865.960.8
90.176.9
70.370.070.570.770.469.669.368.4
66.765.765.765.767.2
79.371.366.2
87.866.5
53.953.254.755.756.254.654.252.1
50.248.449.450.053.7
69.556.150.3
83.169.8
58.157.655.557.960.760.758.957.7
56.956.356.957.361.3
72.260.757.7
93.067.1
46.645.747.949.149.146.946.744.1
42.640.942.844.550.2
70.249.944.2
82.159.6
42.637.736.738.237.434.433.231.7
32.932.736.044.852.8
60.244.739.8
92.273.8
59.358.860.961.861.860.560.658.3
55.853.754.656.159.4
77.362.055.9
101.374.4
56.556.062.061.960.956.453.749.4
49.550.250.550.352.3
81.759.850.6
87.375.1
70.470.169.770.170.470.269.869.0
67.366.065.865.366.5
77.171.066.2
92.480.0
71.570.869.769.670.570.770.770.8
70.169.870.370.271.4
82.173.170.4
90.280.5
73.673.173.073.372.972.772.472.3
71.671.371.271.473.2
82.574.971.7
80.365.3
70.771.672.372.170.871.171.469.3
66.063.662.961.560.4
69.069.062.9
102.687.6
72.570.868.669.772.272.871.469.6
68.968.068.169.476.9
87.776.570.3
93.586.8
74.874.774.073.673.773.773.773.6
72.972.372.271.571.7
87.876.772.1
93.585.0
80.179.979.280.180.180.379.679.4
78.277.477.276.977.7
86.180.877.5
83.467.4
54.352.751.552.755.655.053.953.0
51.961. 251.351.855.9
69.657.552.4
80.470.5
64.464.264.364.664.764.163.763.4
61.259.258.957.858.9
71.564.859.2
Pfig
Ua
Mo.average1923=
100
97.286.9
77.977.277.076.876.676.175.675.1
73.772.171.871.572.1
89.079.672.2
IIll
Mo.average1909 to1914=
100124
Retail
o
«
s11
Mo.average1913=
100
150121
10110010110110010099
10592
Dec.1930
(Jan. 1,1931) =100108.693.4
76.875.174.073.673.673.372.671.8
71.169.969.769.470.4
95.579.170.1
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6 SURVEY OF CURRENT BUSINESS July 1933
Domestic TradeDISTRIBUTION indexes have not kept pace with
the rise in productive activity, but there has beena narrowing of the decline in comparison with a yearago and during June, sales gave evidence of holdingup well despite adverse seasonal influences. Salesin certain lines, notably automobiles, have improvedconsiderably. Retail sales through the department,chain store, and mail-order houses, however, haveexpanded only moderately since April. A year agoretail trade was declining and, after allowing for thedrop in prices in the year's interval, retail salesin May were in excess of a year ago in volume.
The unadjusted index of department storesales inMay was slightly lower than in April, while theadjusted index remained unchanged at 68 percent ofthe 1923-25 average. In comparison with the earlymonths of the year, the spread has narrowed con-siderably, the May adjusted index being 7 percentbelow last year in comparison with an average dropfor the 5 months of 17 percent. A number of theFederal Reserve districts, including Atlanta, Dallas,Minneapolis, and San Francisco, reported higher salesthan in May 1932. In the Kansas City district theywere equal to last year. The indexes by districts donot take into account the extra trading day in May.
Sales of the leading mail order companies, includingcatalog and store sales, increased in May contrary tothe usual trend for the month. The value was 7 per-cent larger than in April and was only 2 percent belowa year ago. The leading chain store organizations
reported sales close to and, in some instances, higherthan a year ago.
Merchandise l.c.l. loadings show a continued tend-ency to lag, and this is the only freight classificationstill running behind last year. May shipments in-creased to the highest point since November, althoughthe adjusted index advanced only to the Februaryfigure. The spread with relation to last year has nar-rowed, the latest week's figure being 4 percent belowthe same week of 1932, compared with a decline for theyear to date of 13 percent.
Commercial failures in May and June have continuedto reflect considerable improvement over the 3 pre-ceding years. May failures were the fewest for themonth of any year since 1929, and the liabilitiesinvolved were also the smallest for the month sincethat year. For the first 5 months commercial failureswere one fourth less than in the corresponding period of1932, and the liabilities involved dropped 37 percent.
Newspaper advertising linage increased in May, andthe reduction from last year's figure narrowed. Thetotal for 22 cities was 11 percent less than in May1932, compared with an average reduction for the 5months of 22 percent. Radio advertising expendi-tures were reduced further in May and there was alsoa drop in the payments for magazine advertising.
Postal receipts in May were higher than in the samemonth of 1932, the first time since November 1932that collections have shown an increase over the yearprevious.
DOMESTIC TRADE STATISTICS
Year and month
Department-store sales
Unad-just-ed i
Ad-just-ed «
Department-store stocks 3
Unad-just-
ed
Ad-just-ed 2
Freight-carloadings, mer-chandise l.c.l.
Unad-just-
ed
Ad-just-
Monthly average, 1923-25=100
Chain-store sales
Com-binedindex
(20 com-panies)
Avg. samemo. 1929-
31 = 100
5- and 10-cent(variety) store
sales
Unad-justed
Ad-justed
Monthly aver-age 1923-25=
100
Mailorderandstore
sales, 2houses
Postalreceipts,
50 se-lectedcities
Thousands ofdollars
Commercialfailures
Fail-
Num-ber
Liabil-ities
Thou-sands
of dolls.
Advertisinglinage
Maga-zine
Thou-sandsof lines
News-paper
Mil-lions oflines
Busi-ness
incor-pora-tions,
States
Num-ber
1930: May1931: May1932:
May ._.JuneJu ly . . . .AugustSeptember. __OctoberNovemberDecember
1933:JanuaryFebruaryMarchAprilMay
Monthly average, Jan-uary through May:
19311932 .1933..
10597
72664649717573106
4949506867
90nQ57
10597
7269656568696360
6060576767
9885
6965595963676956
5254555556
847054
9684
6867616160616160
5856535355
10192
7471686872727064
6564636568
887565
162156
133127118118123142130226
100103110129136
142128114
175168
138138135127135133129117
135138121140130
59, 35050,070
38,71839, 88932,07333, 77739,15645,42341, 28151, 556
26,95826,17627, 55435, 36537,778
45, 20735, 39530,566
31, 37027,844
22, 62122,00623, 78923, 85125, 77026,71126,10933,097
24,67422, 55924,42223,81024,393
28, 57124,58923,973
2,1792,248
2,7882,6882.5962,7962,1822,2732,0732,469
2,9192,3781,9481,9211,909
2,6232,9492,215
55, 54153, 371
83,76476,93187,19077, 03156,12852,87053, 62164,189
79,10165, 57648,50051, 09847,972
63, 76892,07158,449
4,0513,336
2,5081,5231,103928987
1,2461, 3641,252
1,2661 5841,7911,9101,922
2,9182,1261,695
100 3,320
2,8633,1072,5342,9092,66i2,5922,4582,681
3,3072,8392,6742,6653,373
3,1633,0762,972
1 Corrected to average daily sales. 2 Adjusted for seasonal variation. 3 End of month figures.
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July 1933 SURVEY OF CURRENT BUSINESS
EmploymentWIDESPREAD increases in both employment
and pay rolls were reported for May, and theupward trend has continued in June. On a percent-age basis some of the gains recorded have beenlarge, although in general they have not matched theproduction increases, and the current indexes remainat a very low level.
While the upward trend in manufacturing activitieshas been uneven, nearly all the reporting industriesshared in the movement. Of the 89 manufacturingindustries reporting to the Bureau of Labor Statistics,72 showed higher employment and 81 larger pay rollsin May than in April. After adjustment for seasonalfactors, the index of factory employment increased 5percent during May, the largest relative increase for1 month as far back as the index is available (1919).Despite the recent betterment the adjusted index offactory employment advanced in May only to thelevel of last December and was 2.4 percent below ayear ago. The pay-roll index advanced 9 percent tothe highest point since last October, and was 9.1percent below the May 1932 figure.
Employment in all of the major groups, with theexception of chemicals and allied products, was higherthan in the preceding month. The increase in employ-ment in the other groups were fairly uniform. Theindividual industries reporting the largest gainsincluded the beverage, cotton, silk, rayon, and woolengoods, plumbers' supplies, radio and phonographs,aircraft, glass, leather, rubber tires and tubes, andtobacco manufactures.
The improvement in employment and pay rolls wasshared by the nonmanufacturing industries. Of the16 groups in this class, 9 reported larger employment,and in several of those where the number on the payroll was reduced, the decline was smaller than usualfor the month. Aside from the quarrying and non-metallic mining and building construction groups,which showed increases of 11 percent and 8.9 percent,respectively, the gains were slight.
Larger pay rolls were reported in all but four of thenonmanufacturing groups, the exceptions being theanthracite, retail trade, canning and preserving anddyeing and cleaning groups. The industries reportinglarger pay rolls with reduced employment were bitu-minous coal, telephone and telegraph, electric-railroadand motor-bus operation and maintenance, and hotels.
One of the major objects of the recently enactedindustrial recovery act is the providing of additionalwork opportunities and the raising of the wage scale.While wage increases have been announced recentlyby a number of leading organizations, the trend ofaverage hourly rates was still downward in May.In that month, average weekly factory earningsincreased to $16.71 compared with $15.39 in Apriland $17.17 in May 1932. Average hourly earnings,which in April were unchanged at the March figureof 46 cents, dropped to 45.3 cents, compared withthe average hourly rate of 51 cents in May 1932.
Employment among trade-union members wasslightly improved during May, increases being reportedfor the building and metal trades groups.
STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES
Year and monthUnad-justed
Factory employmentand pay rolls, F.R.B.
Employment
Ad-justed
Payrolls
Unad-justed
Monthly avera1923-25=100
Nonmanufacturing employment and pay rolls
Anthracitemining
Em-ploy-ment
Payrolls
Bituminouscoal mining
Em-ploy-ment
Payrolls
Power, light,and water
Em-ploy-ment
Payrolls
Telephoneand telegraph
Em-ploy-ment
Payrolls
Retail trade
Em-ploy-ment
Payrolls
Monthly average, 1929=100
Trade-unionmem-
bers em-ployed
Percentof total
members
Wages
Factory 2
Aver-age
weekly
Aver-age
hourly
ings ings
Dollars
Com-monlabor
Centsper
hour1930: May1931: May1932:
May._JuneJulyAugust -SeptemberOctoberNovemberDecember
1933:January.. .FebruaryMarchAprilMay
Monthly average,January throughMay:
193119321933
90.977.1
61.359.157.258.661.562.060.959.6
58.159.256.757.860.0
77.465.058.4
91.477.8
62.160.058.358.860.361.161.260.6
59.459.456.657.760.6
94.472.1
46.242.639.640.142.143.541.840.9
39.240.036.938.642.0
72.450.639.3
93.880.3
66.953.044.549.255.863.962.762.3
52.558.754.651.643.3
85.571.652.1
98.876.1
58.037.434.541.447.066.751.056.2
43.256.848.837.4
82.862.043.2
90.482.4
62.660.558.659.462.467.069.470.0
69.869.367.663.761.3
88.572.366.3
77.554.4
30.727.324.426.430.237.838.037.7
36.137.230.726.636.9
64.041.131.5
103.497.6
84.083.282.381.581.079.979.178.4
77.777.476.976.976.9
97.786.277.2
104.598.7
84.280.578.776.774.774.473.273.2
73.071.671.969.469.9
99.485.371.2
99.787.4
79.979.178.177.476.275.574.8
74.673.973.272.370.1
81.772.8
103.294.1
82.882.179.679.175.975.774.373.5
71.771.971.667.868.5
95.686.670.3
96.789.9
79.474.672.677.881.381.795.2
76.973.471.478.677.0
89.081.775.5
97.388.0
71.168.263.360.764.667.166.973.6
62.758.455.160.459.5
88.073.859.2
26. 71 . 59224.25 .570
17.1716.2415.4315. 3516.2316.8616.8416.37
16.2116.1314.5615.3916.71
23.8718.3715.80
.510
.500
.489
.487
.479
.474
.468
.467
.464
.460
.460
.453
.574
.521
.461
4037
3233323232323232
32323233
3633
1 Adjusted for seasonal variation. 2 National Industrial Conference Board.
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8 SURVEY OF CURRENT BUSINESS July 1933
FinanceTHE passage by Congress of a resolution repealing
the gold clause in public and private contracts andthe enactment of the Glass-Steagall banking bill wereamong the important pieces of legislation enacted dur-ing May and the first half of June. The formerdeclared (1) that the clauses in public and privateobligations payable in gold are contrary to publicpolicy, and (2) that obligations may be discharged inlegal tender. The latter contained provisions for(1) the insurance of bank deposits within certain limits,(2) the extension of branch banking by national banksin States which permit State institutions to havebranches, (3) the divorcing of security affiliates fromcommercial banks within a year, (4) the severance ofdeposit banking from investment banking, (5) theprohibition of interest payments on demand deposits,and other provisions of importance.
Another important legislative act was the SecuritiesAct of 1933, approved May 27, 1933, which is designed"to provide full and fair disclosure of the characterof securities sold in interstate and foreign commerce"and to prevent frauds in the sale and distribution ofsecurities.
Member bank credit outstanding, as estimated onthe basis of reports by banks in 90 cities, showed aslight increase during May and the first half of June.Deposits during the last 2 months have tended toincrease more rapidly than loans and investments,owing to the return flow of currency to the banks afterthe bank holiday and the use of these funds by the
member banks to reduce their outstanding credit at theFederal Reserve banks.
During the period under review total FederalReserve credit outstanding has declined, largely as aresult of a drop in total bills discounted and in billspurchased in the open market. As the first step inthe credit expansion provided for by recent legislationthe Federal Reserve banks purchased approximately$25,000,000 of Government securities during the weekbeginning May 17 and holdings have steadily in-creased since that time.
Although, owing to the embargo, gold movementsduring May were virtually limited to releases fromearmark, the gold reserves of the Federal Reservebanks increased by more than $100,000,000 as a resultof the continued flow of gold coin and certificates tothe banks.
Stock prices have moved steadily upward in sym-pathy with a decline in the foreign exchange value ofthe dollar and in reflection of the increase in businessactivity. During the closing days of May trading roseto record levels. Bond prices moved upward withmore consistency although lower grade issues tended tokeep in sympathy with the more irregular movementof stocks.
The increased activity in the security markets ledto a marked increase in broker's loans. At the sametime call-loan rates declined until they reached theirformer low level of 1 percent. Rates on commercialpaper and on acceptances also tended downward.
CREDIT AND BANKING STATISTICS
Tear andmonth
1930: May1931: May—-1932:
MayJune . . .July.AugustSeptember.October...November.December.
1933:January...February._MarchAprilMay
Bank debits
NewYorkCity
Out-sideNewYorkCity
Report ing memberbanks, Wednesdayclosest to end ofmonth
Loanson
securi-ties
Allotherloans
In-vest-
ments
Condition of Federal Eeserve banks, end ofmonth
Reserve bank credit outstanding
TotalBillsdis-
count-ed
Billsboughtin theopen
market
UnitedStates
Govern-mentsecuri-
ties
Totaldeposits
Mem-ber
bankreserve
ac-count
Totalbank-er's ac-cept-ancesout-
stand-
end ofmonth
Netgoldim-
portsin-
cludinggoldre-
leasedfromear-
mark i
Moneyin
circu-lation
De-posits,NewYorkState
savingsbanks
Millions of dollars
37,42325,072
12,91314,20212,72813, 45814,16312,9449,815
13,967
12,41312,03G12,45412, 01213,977
24, 38818,858
12,49812,90112, 51111,75611, 76712, 35410, 93512,820
12,05310, 4019, 608
10,61211,509
8,4216,867
4,9074,7454,6314,5124,5214,3114,2884,315
4, 2594,234
/ 4,155/ 4,172
8,4167,863
6,7246,5186,3656,2846,1856,1306,1255,982
5,9075,393
/ 5. 472/5,549
5,8897,806
7,3857,4917,7007,7438,2018, 5858, 5898,507
8,5598,196
/ 8, 570/8,633
1,049917
2,0962,3102,4392,3312,2332,2272,2022,145
2,0772,7942,5722,4593,318
313174
490440538433332228309235
274582426435303
185125
3667433433343533
3133620517130
528598
1,5491,7841,8411,8521,8541,8511,8511,855
1, 7631,8661,8381,8371,890
2,4362, 442
2,2402,0282,1582,2412,3122,4462,4842,561
2, 5542,2362,1332,3803,394
2,3692,389
2,1131, 9822,0522,1462,2252,3832,4112,509
2,4462,1411,9492,1323,167
1,3821,413
787747705681683699720710
707704671697669
25.553.6
-217. 7-234.8
£2.8106.6100.266.470.3
171.9
37.0-169.4-113.3
23.71.0
4,4974,679
5,4565, 5305,7525,7205,6855,6435,6435,699
5,6315,8926,9986,1375,876
4, 5055,083
5, 2435, 2S25,2535, 2435,2825,2715, 2655,314
5,3175,2695,2205,1645,113
PostalSavings*
bal-ance tocreditof de-
positors
Thou-sands ofdollars
153,846325,028
742,645784,820828, 549847,421858,720870,823884, 297900,796
942, 5191,006,1851,112, 7151,157, 6521,178,343
1 Net exports indicated by (—). / Estimated on basis of new report covering 90 cities; old report covered 101 cities.
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July 1933 SURVEY OF CURRENT BUSINESS
Foreign TradeFOREIGN trade during May showed a relatively
large increase as compared with the precedingmonth, contrary to the usual seasonal trend. Theadjusted index for exports advanced from 29 to 32percent of the 1923-25 average, while that for importsincreased from 25 to 32, the highest figure since lastJune. The value of exports was $114,200,000, 8.6percent higher than in April. Imports reached$106,900,000 an increase of 21 percent for the month.Compared with May 1932, exports were 13 percentand imports 5 percent smaller. As a result of thegreater advance in imports, the favorable merchandisebalance was reduced to $7,300,000. For the elapsed5 months of this year, exports have exceeded importsby $79,300,000 whereas in the corresponding period of1932 the excess was $89,400,000.
The outstanding change in exports during May oc-curred in shipments of unmanufactured cotton. Theseincreased from 240,300,000 pounds in April to326,500,000 pounds in May, while the increase invalue of cotton—$9,100,000—was slightly greaterthan the increase for all exports. Among other lead-ing commodities, exports of lard, canned fruit,oranges, lumber, coal, iron and steel products, elec-trical appliances, and various classes of machineryincreased during May while leaf tobacco and mineraloil exports were considerably smaller.
The increase in imports during May was due tolarger shipments of a wide range of commodities.These were reflected in the totals for each economic
class. Increases in value ranged from 35 percent forsemimanufactures to 13 percent for finished manufac-tures. Principal articles showing increases wereleather, lumber, paper base stocks, and tin among thesemimanufactures; cotton manufactures and news-print among the finished manufactures; hides andskins, oilseeds, and raw silk among the crude materials;and coffee, sugar, and fruits among the foodstuffs.
Tin imports increased in April and again in May toa total of 12,824,000 pounds which represented alarger quantity than for any month since April 1930.Imports of hides and skins and leather were thelargest for any month since the latter part of 1931.Raw silk, coffee, and wood pulp imports were largerin quantity than in the preceding month or in May1932, although for the 5 months ended May 1933 theywere smaller than in the corresponding period of1932. Imports of lumber and newsprint were con-siderably smaller than in May 1932. An increase inthe proportion of Philippine sugar imported in Mayaccounted for the increase of $2,200,000 in the valueof total sugar imports. In quantity, imports of sugarwere slightly smaller than in April.
Unit values of a large number of leading export andimport commodities showed increases during Mayand a few were higher than a year ago. The increasein the unit price of unmanufactured cotton from 7.05cents per pound in April to 7.98 cents per pound inMay accounted for nearly one third of the increase inthe value of cotton exports.
EXPORTS AND IMPORTS
Year and month
Totalex-
ports,ad-
justed^
Indexes
Totalim-
ports,ad-
justed^
Monthly aver-age 1923-25=100
Ex-ports,
in-clud-
ingreex-ports
Exports of United States merchandise
Total
Crude mate-rials
TotalRawcot-ton
Foodstuffs
Total
Fruitsand
prep-ara-tions
Semi-man-ufac-tures
Finished manufac-tures
TotalMa-
chin-ery
Auto-mo-biles,parts,and
acces-sories
General imports
TotalCrudema-
terialsFood-stuffs
Semi-man-ufac-tures
Fin-ishedman-ufac-tures
Millions of dollars
1930: May1931: May___1932:
May.JuneJuly -AugustSeptemberOctoberNovemberDecember
1933:JanuaryFebruaryMarchAprilMay
Cumulative, Januarythrough May:
193119321933
2 622412 30
2 562 38
320.0204.0
131.9114.1106.8108.6132.0153.1138.8131.6
120.6101.5108.0105.2114.2
1,128. 9725.9549.7
312.5199.2
128.6109.5104.3106.3129.4151.0136.4129.0
118.699.4
106.3103.1111.9
1,106. 8710.2539.3
40.736.5
29.824.227.629.747.460.555.352.2
42.331.829.428.635.0
239.3216.6167.1
19.018.9
17.713.415.918.132.140.038.539.0
29.720.618.116.926.1
134.4148.3111.4
42.829.4
20.018.015.617.320.425.219.916.0
16.212.813.411.313.0
155.6109.166.7
4.96.6
4.53.74.35.49.6
12.27.94.8
4.63.83.92.93.8
43.328.819.0
49.929.9
18.214.714.112.915.916.914.615.7
15.813.216.515.317.6
154.492.078.4
179.0103.4
60.552.547.046.345.948.446.645.0
44.341.547.047.946.2
557.4292.4226.9
49.726.5
11.310.39.69.09.1
11.610.29.7
9.28.59.48.89.1
168.262.145.0
29.314.3
7.96.36.25.14.95.04.45.1
6.56.36.97.47.4
81.839.334.5
284.7179.7
112.3110.379.491.198.4
105.5104.597.1
96.083.894.988.4
106.9
933.7636.5470.0
54.2
28.429.619.522.227.327.227.828.7
27.221.123.621.124.9
289.1176.1117.9
76.349.6
37.232.826.329.231.333.532.028.2
30.730.033.632.840.0
246.0193,7167.1
53.430.4
17.218.511.915.114.616.716.616.7
16.213.614.813.518.3
171.9106.876.4
68.445.5
29.529.421.824.625.328.128.123.4
21.919.122.920.923.6
226.6159.9108.4
182446—33-
1 Adjusted for seasonal variation. 2 Monthly average.
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10 SURVEY OF CURRENT BUSINESS July 1933
Real Estate and ConstructionCONSTRUCTION contracts awarded in the first
half of June reached a total of about $60,000,000which, on a daily average basis, represented the highestactivity level since last fall. The increases occurred inall three of the major groups, but the most pronouncedgain was in nonresidential construction.
The program of public works provided for in recentlegislation, which contemplated expenditures totaling$3,300,000,000, is looked to for a needed stimulus tothis basic industry. The extremely low level to whichactivity has been reduced is indicated by the FederalReserve Board's index, which has averaged 17 percentof the 1923-25 average in the first 5 months of theyear. Plans are being pushed to get public expendi-tures under this program started.
May contract awards were larger than in the previousmonth, the increase amounting to 35 percent. Thetotal, however, was less than the value of awards inJanuary and but 53 percent of the amount reportedlast May. Measurable footage of contracts wasapproximately the same as a year ago. For the first5 months of the year, the average value of undertak-ings was not much more than half that in the sim-ilar period of 1932. Two years ago contracts awardedwere four times as large.
A steady increase in residential building activityfrom the low point reached in February brought thetotal value of that class of undertakings during Mayto the highest level in over a year. Last May a
decrease from the previous month occurred in thesecontracts. In May 1931, the value of residentialconstruction was almost three and a half times as great.
The value of public works and utility contracts inMay increased 40 percent over the low record of theprevious month; for the year so far the amount was43 percent less than the corresponding valuation oflast year.
As is expected at this season, building material ship-ments advanced over the levels of the previous month.The increase in cement shipments amounted to 36percent. Oak flooring shipments, which increased 53percent, as compared to an advance of 3 percent at thistime last year, were at the highest level since October1931. They were only slightly more than half theamount reported in May 1931.
Building material prices for brick houses showed nochange from the low level of the previous month, andthe slight increase which occurred in frame-house ma-terials was insufficient to bring prices above themonthly average level for the first 5 months of theyear. An advance of 2.6 percent in the index of theEngineering News-Record which includes prices ofstructural steel shapes, cement, lumber, and the ratespaid common labor, indicated construction costs werenear the level prevailing at the end of 1931. The realestate market continued stagnant. The only long-term real estate bonds floated so far this year was !arelatively small amount during February.
BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Tear and month
Construction contracts awarded
F.R.B.index
ad-justed i
Monthlyaverage
1923-25=100
AH types ofconstruction
Mil-lions ofsquare
feet
Mil-lions ofdollars
Residentialbuilding
Mil-lions ofsquare
feet
Mil-lions ofdollars
Thou'sands ofsquare
feet
Public worksand utilities
Mil-lions ofdollars
Explo-sives,new
orders
Thou-sands ofpounds
Building materialshipments
Maplefloor-ing
Oakfloor-ing
Thousands offeet, boardmeasure
Thou-sands ofbarrels
Ce-ment
BuOdingmaterial
prices
Framehouse
(6-room)
Brickhouse
(6-room)
Con-struc-tion
costs,Eng.
News-Record
First of month, month-ly average 1913=100
Realestatemar-
ket ac-tivity,deeds
record-ed
Month-ly av-erage1926=
100
Long-termreal
estatebondsissued
Thou-sands ofdollars
1930: May1931: May1932:
May..JuneJuly.AugustSeptemberOctoberNovember.. _December
1933:JanuaryFebruaryMarch _._AprilMay
Monthly average, Januarythrough May:
1931_ _ ___.1932_._ .__1933
10565
2627273030292728
2219141417
53.738.9
1.5.712.314.413.913.511.012.16.9
8.57.49.9
10.915.3
33.814.310.4
457306
14611312913412810710581
8353605777
29511166
23.521.9
6.75.85.55.56.66.05.53.4
3.23.14.85.88.4
19.17.15.1
116.6
25.623.119.720.822.821.919.213.0
12.011.816.019.1
83.627.917.1
1,099387
182106265205243138543181
83214811785
400
467213316
152.1108.9
61.750.160.064.268.758.554.243.3
42.717.217.613.619.0
113.538.3
33,34026,441
16,13914,31914,47317,60720,86722,12219, 07417,998
17,12915,43715,43515,00619, 975
25,88717, 73416,596
4,6693,315
2,3252, 2812,2642,8162,4022, 0311,9021,590
1,4961, 3181,2462,097
« 2,873« 2,129«1,539
30, 29527, 745
12,93910, 2537,699
11, 62611, 73910, 6575,9184,327
4,4336,0747,5739,479
14,549
24,44412, 377
17, 22411, 200
8,0209, 2649,21810, 9689,7298,7434,7822,835
2,5022,2783,5104,9496,748
5,0083,997
177160
152150148148149148148149
147146147143145
162155146
181167
157157154155155153154153
152151153150150
169161151
205.9189.3
152.8152.2153.4156.8158.0159. 2158.2158.5
158.4159.3158.4160.2164.4
193.31.57. 5160.1
73.561.3
51.655.247.254.253.460.450.152.9
50.457.241.741.1
« 64.1"56.5"47.6
3,8139,485
00
7000
220200
0900
00
5,369494180
i Based on 3-month moving average and adjusted for seasonal variation. " 4 months' average.
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July 1933 SURVEY OF CURRENT BUSINESS 11
TransportationEXPANDING productive activity has been reflect-
' ed in a steady advance in carloadings which, foreach of the 6 weeks ended June 17, exceeded the load-ings in the corresponding period of 1932. This is thefirst time since 1929 that improvement has been shownover the preceding year's record. Average weeklyloadings for the 2 weeks ended June 17, were 576,238cars, compared with an average of 492,000 cars in thefull month of June 1932. The May rise was in excessof the seasonal gain for the month and the adjustedindex advanced to 56 percent of the 1923-25 averagecompared with 53 in April and 54 in May 1932.
The rise in loadings in May extended to all classeswith the major part of the increase concentrated in themiscellaneous group. All classes, with the exceptionof livestock and l.c.l. merchandise, were larger in Maythan a year ago. The weekly l.c.l. loadings have notyet crossed last year's figures and for the latest weekreported were 4 percent lower. The adjusted indexfor May increased 5 percent above April, but was nohigher than in February and was 7 percent below ayear ago. The relative increase in total loadings sinceMarch has been much less than the increase in pro-duction, the adjusted carloadings index advancing 12percent and the production index 27 percent.
The first operating reports for May reveal a decidedimprovement in net operating income for the month.These early returns indicate that the May total wasmuch more than double the figure of a year ago. In
April, the net operating income was only 8 percentbelow last year and as there was a sharp drop in May1932 and an increase this year, the comparison for lastmonth should be decidedly favorable. Nevertheless,much further improvement is needed to restore theimpaired earning capacity of the roads. In the first4 months of 1933 the net operating income of theclass I carriers amounted to $52,761,317, comparedwith $85,647,469 in 1932.
The railroads gave notice on June 15 of their inten-tion to seek an additional 12}£ percent reduction in thebasic pay scale which would increase the cut now ineffect to 22^ percent. Through the mediation of theFederal coordinator, appointed under the recentlegislative enactment, an agreement was reached onJune 21 whereby the railroads agreed to defer actionin this regard until June 30, 1934.
The Railroad Credit Corporation announced thatat the termination of the lending period on May 31,substantially all of the emergency revenues whichaccrued to the carriers up to and including March hadbeen received and allocated. Loans actually madetotaled $73,691,368.
Prospects of the equipment branch have brightenedsomewhat with the better traffic returns, although theimprovement in May was slight and was confined tothe repair industry. Employment in this group wasup 3 percent and pay rolls 7 percent. In the manufac-turing branch, conditions were unchanged*
RAIL AND WATER TRAFFIC
Year and month
1930: May1931: M a y -1932:
MayJuneJuly —AugustSeptemberOctober..November—December
1933:January . . .FebruaryMarch. _AprilMay
Monthly average, Janu-ary through May:
1931-19321933
Freight-car loadings
F.R.B. index
fMonthly aver-age, 1923-25=
100
.38
"2-S
I
Thousands of cars *
912.7739.7
522.0491.6484.4516.3561.1631.6548.8497.4
477.6489.5460.3500.9533.0
731.5554.9493.5
135.8113.9
74.666.772.384.6
103.6135.2122.8125.2
107.1123.191.479.579.6
130.4103.195.3
9.46.5
3.12.92.62.73.44.84.85.6
5.26.24.53.43.8
7.84.94.6
51.932.9
18.716.814.615.517.118.916.013.2
13.713.714.617.230.8
33.519.216.1
37.335.8
29.225.336.938.537.134.727.826.5
26.625.326.035.537.0
30.830.3
22.820.4
17.114.914.416.920.323.419.016.6
17.215.413.016.516.6
21.918.715.8
239.8217.5
182.1170.5163.3169.1170.3178.7166.5155.4
153.4154.6156.1160.5165.3
216.7185.1158.1
55.617.3
2.63.56.17.16.16.43.01.8
1.81.82.03.27.7
2.93.3
360.1295.4
194.5190.9174.3181.9203.2229.6189.0153.1
152.6149.4152.7185.2301.3
274.1190.1169.0
442616
751773764708599545622647
692650681619553
730638
Financialstatistics
©St-
Thou-sands
2,3511,900
1,2701,3001,2761,3231,3391,1581,0781,248
1,158952872974
• 2,019a 1, 439
"989
Thousands ofdollars
69,32341,700
11,95112, 65311, 59728,36849, 64763,83934,17932, 857
13, 2669,85510,54819,042
37,77819, 534
36,60031, 500
17, 2009,90012,0009,0007,30010,4007,5005,900
10, 5008,00011, 30011,5001,435
42,48028,4008,545
Canal traffic
Ii
Thousands ofshort tons
11,3204, 335m1,5681,9882,6383,0953,8073,9242,877215000
6963,490
402457
4154543765284785545880
000
183543
IThous.of long
tons
1,116937
662633576650638723682587
560623724302783
920658593
i Daily average basis. 2 For seasonal variation. 3 American vessels, both directions. 4 Average weekly basis. o 4 months' average.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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12 SURVEY OF CURRENT BUSINESS JuVy 1933
Automobiles and RubberWHILE June usually brings a recession in auto-
mobile production, during the current monththere has been a contraseasonal rise, according to theweekly estimates of output. The June figures areexpected to show a considerable increase over the Maytotal which was the largest since July 1931.
Expansion in automotive schedules during MayIncreased total output approximately 35,000 units overproduction in the preceding month and a year ago.According to the Federal Reserve Board's index, ad-justed for seasonal factors, the gain over Aprilamounted to 16 percent. Combined output in thefirst 5 months of the year was 9.4 percent higher thanin the same period of 1932. Production of Canadianplants during May was the largest in 2 years.
Passenger car output in May was 46 percent abovethe monthly average output for the year. The num-ber of trucks produced so far this year was slightly lessthan in the corresponding months of 1932, althoughthe trend has been steadily upward since February.Output of taxicabs fell off, but for the year to datemore than four times as many have been producedas in the corresponding period of 1932.
Estimates of R. L. Polk & Co. place retail sales ofnew passenger cars in the United States during Maybetween 150,000 and 155,000 units, as compared withabout 120,000 in April and 131,000 in May 1932.Truck sales were estimated around 23,000 units, asagainst 17,500 in the preceding month and 18,500 last
May. The trend in retail sales has continued upwardin the first 3 weeks of June.
Although exports of passenger cars and trucks duringMay declined slightly from shipments in the precedingmonth, in each instance shipments for the first 5months of the year were considerably above the cor-responding totals for this period last year. Shipmentsof both classes of motor vehicles, however, totaledless than 60 percent of exports in these months of 1931.
Preliminary estimates place production of pneu-matic tires for May 65 percent over the April showingand 35 percent above May 1932. These increases areslightly less than the relative gains which occurredin total crude rubber consumption on the same basisof comparison. Reports indicate that shipments ofcasings were well maintained during the month, whilemanufacturers' inventories declined slightly at the endof May and were about 25 percent below stocks onMay 31, 1932.
A sharp increase in domestic consumption of cruderubber during May raised the total 70 percent abovethe April figure, whereas last year the increase betweenthese months was only 12 percent. For the first 5months of the year, however, crude rubber con-sumption remained 11 percent below that in thesimilar period of last year. Imports increased 6,000tons, compared to a decrease of 4,000 tons in May 1932.World stocks at the end of the month were the lowestfor the year and were also below a year ago.
AUTOMOBILE AND RUBBER STATISTICS
Year and'month
F.B.B.Index,
ad-justed i
Month-ly av-
Automobile production
United States
1923-25= 100
TotalPas-sen-gercars
Thousands
Taxi-cabs Trucks
Canada
Total
Automobileexports
Passen-ger cars Trucks
Newpas-
sengercarreg-
istra-tions
Number
Automobilefinancing
Bywhole-
saledeal-ers
Retailpur-
chasers
Millions ofdollars
Pneumatictires
Pro-duc-tion
Do-mesticship-
ments
Thousands
Crude rubber
Do-mesticcon-
sump-tion,total
Im-ports
Worldstocks,end ofmonth
Long tons
1930: May_1931: May_ _..1932:
M a y . .JuneJulyAugustSeptemberOctoberNovemberDecember
1933:JanuaryFebruaryMarchAprilMay
Monthly average, Jan-uary through May:
1931 . —1932
10178
4547332324173160
420317
18418310990844960
107
130107118181218
264138151
361271
158160957665354786
1089199
153185
221114137
440340
73235279
135
239291
515266041154
49160
256
58,65945,688
26, 53922,76814,43814,41819,40213, 59512,02521, 204
21,71815,33318,06427, 31733,539
42,78523,46733,194
24, 67212,738
8,2217,1127,4724,0672,3422,9232,2042,139
3,3583,2986,6328,2559,396
11,8516,5116,188
16,8768,468
3,6042,9723,0392,8933,0531,7331,7622,757
7,0595, 5215,5285,6625,093
9,7994,6465,773
9,6664,496
1,5031,3871,8652,0442,6012,5491,3532,221
3,0843,1362,5282,6563,445
4,9662,1892,770
345,069247,727
131,282148, 752104,18893,45781,89363,19544,35845,683
79,82169,46478,741119,909150,000
195,044102,97599,587
"569 34
115109
5863454539342827
31293445
4,5744,543
3,0564,5152,8932,4712,0312,0551,8431,586
1,8061,8711,6302,499
"3,453"2,904"1,953
3,9604,197
3,3258,2121,8452,0652,4111,3851,3061,405
2,0111,7641,6162,874
" 3,096o 2,421"3,066
35,91234,792
26,86135,98726,01020,58220,69219,33720,15715, 631
19,92818,82515,70122,81738,785
29,67525,93533,311
42,99435,844
34,32341,11732, 524
29,28035,80629,62032,016
30,66322,96928,47521,03436,736
38,50236,04335,975
406,137531, 516
629,110593,601579,195595,782599,761604,008611,301621,078
614,851618, 299622,142617,490611,000
518,614626,031616,756
1 Adjusted for seasonal variation. «4 months' average.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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July 1933 SURVEY OF CURRENT BUSINESS 13
Chemical IndustriesIMPROVED general business activity in May and
early June served to modify the seasonal recessionin the chemical and allied industries usually experiencedat this time of year. The heavy chemical branch hasshared in the general rise in manufacturing activity.Prices in all sections turned definitely upward. Em-ployment declined by less than the normal seasonalamount, while pay rolls increased to the highestvolume recorded since June a year ago. Several sec-tions of the chemical industry have perfected tradeassociation organizations to function under the Indus-trial Recovery Act.
May employment declined less than usual at thistime of year, and when allowance is made for the nor-mal seasonal movement, the volume surpassed that ofany of the months since January 1932. The greatestgains in employment occurred in the heavy chemicals,paint and varnish, soap, and rayon and allied productssections of the industry, while the losses were recordedin the fertilizer, drug, and cottonseed oil, cake, and mealdivisions.
Pay rolls increased in May for the second consecu-tive month to reach the highest volume recorded duringthe past 10 months. The most important rise tookplace in the heavy and general chemicals branch.
Stocks of chemical raw materials on hand declinedabout the normal seasonal amount in May to approxi-mately the same level reached at this time in the past2 years. Manufactured stocks, however, were drawn
upon to more than the usual seasonal extent and de-clined to the lowest volume recorded during the past3 years. Stocks of finished products on hand in Maywere 16 percent less than at this time a year ago.
Reflecting increased activity in the iron and steelindustry, the production of byproduct coke rose 16percent in May to the highest monthly volume re-corded during the past year.
Production of wood rosin and turpentine rose sharplyin May from the low level reached in April, the outputof the former increasing by a fourth to exceed the levelreached in this month a year ago. Receipts of gumrosin and turpentine at three ports mounted rapidlyand more than seasonally in May, the increases overthe previous month amounting to approximately 75percent in each case. Prices of gum rosin and turpen-tine increased in May by 25 and 9 percent, respectively.Stocks of the gum products on hand at the end of themonth showed the usual seasonal increase for thistime of year while stocks of the wood products declined.
Fertilizer consumption in Southern States usuallyfalls off abruptly in May, but this year an increase was.registered over the exceedingly low April absorption.The volume about doubled between these months, thecurrent consumption being greater than the normallylow levels reached in May of the past 2 years. Imports,of fertilizers were approximately the same in May as inthe month previous, although there is usually a sharpdecline in this period.
CHEMICAL STATISTICS
Year and month
General operations
Electri-cal
energycon-
sump-tion
Employment
Unad-justed
Ad-justed
PayroUs
unad-justed
Stocks
Manu-fac-
turedgoods
Rawmate-rials
Monthly average, 1923-25=100
Alcohol
EthylRe-
finedmeth-anol
Syn-theticmeth-anol
By-prod-uct
coke
Explo-sives
Rosin,wood
Tur-
ttnelwood
Production
Thousands of gallonsThous.of short
tonsThous.oflb. Barrels
Fertilizer
Con-sumtionESK" imports
Thous.of short
tons
TotalNitrateof sodaimports
Long tons
1930: May1931: May1932:
MayJuneJ u l y -August -.SeptemberOctoberNovember _ _.December
1933:JanuaryFebruary _.MarchAprilMay—.
Monthly average, Janu-ary through May:
193119321933 .--.
146.6133.8
129.9123.8124.9116.6126.8129.0130.1124.3
126.0130.0115.6121.0126.6
137.8129.0123.8
104.691.4
78.374.272.372.274.075.175.575.4
76.277.378.282.478.9
94.680.978.6
106.593.0
79.776.474.774.073.774.975.275.2
76.476.475.677.680.3
106.688.4
66.963.260.060.059.860.760.959.8
60.760.860.460.861.9
90.769.560.9
134127
131118120116121122121121
122120123119113
130132119
93918890
112122122117
112104999390
103100
13, 24513,120
11, 57810, 57711, 90812,36513, 35513,1407,3915,278
6,0149,0848,2299,012
10,95810,807"8,085
406118
729784151102198141174
1661171248395
220116117
784
743713794793698571532644
353325178425366
747578329
4,2353,126
1,7431,5371,5231,4741,5441,7391,7521,786
1,7851,6391,6661,6561,921
3,1041,9621,733
36,14726, 960
16,89614, 01812, 56317, 90319, 55722,62420, 75317,930
17,77716,00815,80416, 00515, 781
27,48217,40616,275
40, 93333, 593
30, 59729, 48330, 07631,14131,15533,13231, 30829, 220
31,18825, 58326, 59724, 92631,045
31,90825, 28627,868
7,4545,996
5,1514,8274,8784,8615,0205,2025,4545,070
4,9754,1754,2553,8315,028
5,6944,1284,453
235195
15668144097986085
205298825119235
726441336
89, 76372,159
84, 78358, 01849,98557, 53088,00691,61985,20647,956
94,31390,34997,507
102, 204101,085
149,98292, 56497,092
42,308.34,006
37-647
110'
51713;
4,887"48-
405 •2,516
10666
8,431
67,0888,8612,305
i Adjusted for seasonal variation. 2 Southern States. o 4 months' average.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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14 SURVEY OF CURRENT BUSINESS July 1933
Farm and Food ProductsOPERATIONS in the foodstuffs industry improved
during May, and pay rolls in all the group clas-sifications of the industry were higher than in Aprilwith the exception of the flour milling branch. TheFederal Reserve Board's production index (which iscomputed from the livestock slaughtered, flour milled,and sugar melted) dropped from the exceptionallyhigh point touched in April.
Wholesale prices of foods again increased duringMay, making the third successive monthly advance.The gain over April amounted to 5.9 percent. Farmprices have also increased substantially.
Receipts of bread grains at primary markets regis-tered a greater than seasonal gain during May. Stocksof corn increased more than 5,000,000 bushels overApril to the highest point since March 1928; holdingsof oats were also higher, but wheat stocks declined7,388,000 bushels. The crop forecast of winter wheatas of June 1 showed no change in the outlook for thisharvest which will be the smallest in nearly 30 years.Movement of livestock to markets revealed a greaterthan seasonal movement during May, substantialgains being noted in the receipts of cattle, calves, hogs,and sheep.
Plans have been drawn up to place into effect theprovisions of the Agricultural Adjustment Act as itrelates to wheat and cotton. For wheat the plan
provides for a decrease in the acreage planted of onefifth, but its operations have been held in abeyancepending a discussion of a general reduction on thepart of other large wheat-growing countries. Afluctuating tax on the milling of wheat will be imposedto make up the difference between the parity priceand the price at the farm market. The effectivedate of the tax has not been set but it is expected tobe put in force within a short time after the beginningof the crop year.
A plan has also been drawn provided for a reduc-tion in the 1933 acreage of cotton of approximately25 percent. Adjustment for holding 10,000,000 acresout of cultivation will be compensated for by fundsobtained from a processing tax. This tax, to belevied against spinners will begin, according to pres-ent plans, on August 1, and will amount to the differ-ence in the average farm price for cotton at the timeit becomes effective and the pre-war price of 12.4 centsper pound. The growers withdrawing acreage will becompensated by either of the following: (1) a rentalvarying from 6 to 12 dollars per acre according toyield, plus the privilege of taking an option on Govern-ment-owned cotton at 6 cents a pound in amountsequaling their crop reduction or (2) a higher rentalvarying from 7 to 20 dollars per acre without theprivilege of taking the cotton option.
FOODSTUFFS STATISTICS
Year and month
Monthly aver-age, 1923-25=100
Food products
F.B.B.
IIMonthlyaverage,1926=100
Agriculturalmarketings
Monthly aver-age, 1923-25=100
Wheat
2!i
Millions ofbushels
Dollarsper
bushel
i
Corn
Mil-lions ofbushels
Dollarsper
bushel
Animals and animal products
Thousands
Meats
Con-sump-tion,
appar-ent
Stocks,coldstor-age,
end ofmonth
Butter
Con-sump-tion,
appar-ent
Millions of pounds
Imports
IThou-sandsof longtons
Thou-sandsof bags
1930: May__1931: May1932:
MayJuneJulyAugustSeptemberOctoberNovemberDecember
1933:JanuaryFebruaryMarchAprilMay.
Monthly average Jan-uary throughMay:193119321933
91105101
97.190.8
83.281.179.481.081.881.380.780.0
79.679.278.481.582.6
90.583.780.2
92.273.8
59.358.860.961.861.860.560.658.3
55.853.754.656.159.4
77.261.955.9
5767
5241517112416413184
67
10297
9588808581838481
81697686103
120
171167178188194190177169
158148137126119
201193138
1.01.76
.61
.53
.48
.55
.55
.51
.49
.46
.48
.48
.53
.64
.73
.73
.60
.57
.54
.35
1,5171,551
1,3971,3381,2911,6061,6891,8961,5431,161
1,3181,1361,1711,2961,558
1,5031,3621,396
3,2932,938
3,0502,5452,1592,4052,5052,6912,7753,121
3,3812,6992,6382,7983,143
3,5143,3652,932
1,0761,060
1,0331,018956
1,0021,0961,0881,0421,014
1,061919993
1,0301,110
1,0121,0271,023
9501,062
1,020940844751637544513620
717751749780861
1,057990772
157166
167132133149142142139134
129123129134161
142139135
682353
457314340468328239186174
258289430536491
379442401
9151,415
1,0561,079
671601782923935945
9111,0831,109
9221,187
1,2661,0881,042
i Adjusted for seasonal variation. » Revised. Earlier data may be found on p. 19 of June 1933 issue. 3 Includes receipts from Hawaii and Puerto Rico.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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July 1933 SURVEY OF CURRENT BUSINESS 15
Forest ProductsMAY and early June developments favorable to
general business were reflected in the improvedposition of the lumber industry. Activity increasedin all branches, with the most pronounced improve-ment in orders, and a slightly slower pick-up in ship-ments and production.
The outstanding feature of the situation in May andearly June was the increase of 36 percent in new ordersreceived in the last week of the period over orders inthe first week. This was accompanied by rising prices.Shipments increased less than new orders during thistime, resulting in a 60 percent rise in unfilled orders.At the same time production was less than shipments,and existing stocks on hand were further curtailed.
The lumber industry was among the first to organizeits various units so as to prepare to function under theIndustrial Recovery Act. Other Government pro-grams, such as those relating to home loans and thestimulation of construction, are being closely followeddue to their direct effect on the demand for lumber.
Production of lumber rose sharply during May andearly June in response to increased orders. The Mayvolume of output was the largest recorded during thepast year and a half, and represented an increase of23 percent from the previous month's production.Current output is 60 percent above that of lastFebruary, when a definite turn in the previously down-ward trend took place.
Employment in the lumber and allied productsindustries as a group increased 7 percent in May ascompared with April. Normally, there is no appreciablechange in this period. Pay rolls rose 15 percent,reflecting an increase in the time worked by thosealready employed as well as the augmentation of thenumber of employees working. Employment is cur-rently 9 percent below May a year ago, while pay rollshave fallen off 19 percent in this period.
Carloadings of forest products have continued toincrease, the rise amounting to about a fifth in each ofthe months April and May. Current loadings are thehighest reached during the past year and a half and are11 percent greater than in May 1932.
Naval stores marketings were up more than season-ally in May, the normally sharp increase at this timebeing greatly surpassed. Marketings in this monthwere a fifth above a year ago, and were about 10 per-cent less than in May 1931.
Southern pine new orders were up 59 percent inMay after remaining stationary from March to April.The current volume surpasses that of any month sinceJanuary 1931 and is 75 percent greater than in thismonth a year ago. Production rose about a third inMay whereas there is usually a slight seasonal declineat this time. Shipments failed to keep pace with therise in orders, and unfilled orders on hand increasedover a third.
FOREST PRODUCTS STATISTICS
Year and month
Lum-ber
pro-duc-tion,ad-
justed i
General operations
Em-ploy-ment,
ad-justed i
Payrolls,
unad-justed
Indexes ofmarketing
Totalforestprod-ucts
Navalstores
Monthly average 1923-25=100
Car-load-ings,forestprod-ucts 2
Thou-sands of
cars
Southern hardwoods
Pro-duc-tion
Neworders
Un-filled
orders
Douglas fir
Pro-duc-tion 2
Neworders2
Un-filled
orders,end ofmonth
Southern pine
Pro-duc-tion
Neworders
Un-filled
orders
Millions of feet, board measure
Householdfurniture 3
Ship-ments
Un-filled
orders,end ofmonth
Numberdays'
production
1930: May..1931: May-
MayJuneJulyAugustSeptemberOctoberNovemberDecember
1933:January.FebruaryMarchAprilMay
Monthly average, Jan-uary through May:
193119321933
7648
2826252323242123
2620222430
4726U
73.955.4
39.037.936.135.736.637.637.336.8
35.034.432.533.335.7
55.841.534.2
73.245.7
22.220.919.019.320.922.420.918.8
16.316.314.315.618.0
45.324.516.1
79.666.7
57.753.355.454.851.555.951.346.9
50.850.854.056.2
"58.0"52.9"53.0
174.7136.5
102.3104.0114.3107.489.478.477.270.3
31.723.032.969.4
132.3
67.450.055.8
51.932.9
18.716.814.615.517.118.916.013.2
13.713.714.617.220.8
33.519.216.1
240146
"153"86"64
195158
1019083
114154113101
"171"111"103
603431
270242227265275256246252
238230226247
"468"309"235
77.041.4
25.022.215.922.524.122.721.116.4
23.424.421.128.834.4
44.725.026.4
72.937.8
27.026. 221.329.238.422.523.721.2
26.424.328.333.657.3
48.727.334.0
201.9135.6
71.260.457.781.0119.176.181.985.1
120.9109.7107.9120.4195.2
182. 591.9
258148
10091839180
1139975
85788789
116
1599691
230158
1039691
1491341449168
9676
113113180
173113116
16084
6244468082755044
5755646792
1076767
2611
77
10101197
1510
6
1 Adjusted for seasonal variation. 2 Weekly average. 3 Grand Rapids district. " 4 months' average.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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16 SURVEY OF CURRENT BUSINESS July 1933
Iron and Steel IndustryCONTINUED contraseasonal expansion in demand
for steel brought the rate of operations by thelatter part of June to 50 percent of capacity, the highestactivity reported in over 2 years. A year ago theoperating rate was around 16 percent of capacity andthe trend was downward. Support in the industrycontinued primarily from the automotive industryand from miscellaneous sources. Railway, construc-tion, and oil industry requirements showed littleimprovement.
General operations for the month of May advanced40 percent over the April showing, according to theFederal Reserve Board's adjusted index. Although 5percent additional wage earners were employed, thenumber was still under the total reported last De-cember and 7 percent below May a year ago. Therelatively wider increase occurring in pay rolls placedwages 19 percent above the average amount receivedby mill labor during the first 5 months of the year.
Iron and steel exports in May, amounting to 123,000tons, exceeded those of any month since October1930. Japan continued the largest market, taking76,000 tons, substantially all of which was scrap.Total exports in the first 5 months of 1933 reached425,000 tons, 155,000 more than in the same period of1932. Imports during these months amounted to118,000 tons, a decrease of more than 30 percent ascompared to the corresponding months of 1932.
The gain in steel ingot production during May wasthe second consecutive increase. Output was nearly80 percent larger than the tonnage produced in Maylast year; 22 percent below production in May 1931;and approximately half the output reported in May1930. Operations averaged 34 percent of capacity,which was more than double the March rate.
Pig iron output, at 887,000 tons, was the largesttotal reported since March 1932. Average monthlyproduction through May, however, was 30 percentbelow the tonnage produced in this period last yearand only one third the output for the correspondingmonths of 1931. Fifteen additional stacks wereplaced in operation during the month, bringing thetotal above the average number in blast during thefirst 5 months of both this and last year.
Reversing the usual trend in May, an increase inunfilled orders on the books of the United States SteelCorporation placed the tonnage at the highest levelsince December. The total, however, fell short of thebacklog a year ago and was only slightly more thanhalf the figure reported for May 1931.
Outstanding among price advances during May wasthat in scrap, which was quoted 41 percent higher inthe Chicago district. Finished steel prices increasedslightly and the composite price of iron and steel roseto $28.75 in early June. No change has occurred inquotations of steel billets since the decline reportedlast June.
IRON AND STEEL STATISTICS
Tear and month
General operations
Produc-tion,ad-
justed *
Em-ploy-ment,
ad-justed i
Payrolls,
unad-justed
Monthly average,1923-25=100
Iron andsteel
Ex- I m -ports ports
Pig iron
Pro-duc-tion
Thousands of longtons
Fur-naces
inblast
Num-ber
Steel ingots
Pro-duc-tion
Thou-sands of
longtons
Per-cent
ofca-
pac-ity
Per-cent
Steelsheets >
Newor-ders
Ship-ments
Thousands ofshort tons
UnitedStatesSteel
Corpo- ore im-ration,
un-fitted
orders,end ofmonth
Man-ganese
ports,(man-ganesecon-1tent)
Thousands oflong tons
Prices
Ironandsteel,com-pos-ite
Steelbillets,Besse-
mer(Pitts-burgh)
Steelscrap(Chi-cago)
Dollars per long ton
Finishedsteel,com-posite
Dollarsper 100pounds
1930: May1931: May1932:
MayJuneJuly.August -SeptemberOctoberNovemberDecember __
1933:January,.February..March _AprilMay
Monthly average, Januarythrough May:
193119321933
10467
2925252328313127
2931213549
91.674.8
56.554.852.150.651.353.253.852.8
50.651.448.350.052.5
76.360.650.6
95.564.9
30.426.022.222.123.426.225.624.2
22.724.722.424.429.5
66.834.324.7
19595
8052533336415654
576481
100123
3,2331,994
784628572531593645631546
569554542624887
635
180105
5346464247495142
4545384863
1096048
3,9832,552
1,125913807847992
1,0871,032
861
1,0301,087
9101,3632,002
2,6861,3571,278
205149
77
119144
185105101
266192
10719017361759277167
797375100119
19211289
4,0593,620
2,1772,0351,9661,9701,9851,9971,9681,968
1,8991,8541,8411,8651,930
3,9222,4341,878
17
33.8431.39
29.6229.5429.4829.3329.3229.3229.1228.93
28.6928.3128.3528.1628.45
31.6029.7128.39
32.5029.50
27.0026.5026.0026.0026.0026.0026.0026.00
26.0026.0026.0026.0026.00
29.9027.1526.00
12.50
6.405.694.885.756.256.005.935.25
5.255.255.256.008.45
9.797.046.04
2.352.21
2.172.172.172.172.162.162.152.14
2.122.102.102.062.08
2.222.152.09
1 Adjusted for seasonal variation. 2 Black, blue, galvanized, and full finished.
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July 1933 SURVEY OF CURRENT BUSINESS 17
Textile IndustryTEXTILE production in May increased sharply for
the second successive month and the FederalReserve Board's seasonally adjusted index averaged106 percent of its 1923-25 average, an increase of 25percent over April and the highest figure since Novem-ber 1929. Recent reports indicate that the improve-ment continued in June. Employment in Mayincreased 5.5 percent over the preceding month and payrolls were 8 percent larger according to the indexes ofthe Bureau of Labor Statistics.
Wholesale prices of textiles averaged 8 percenthigher in May than in April and rose a further 5 per-cent from June 3 to 17.
Raw cotton consumption per working day averaged23,281 running bales in May compared with 19,018bales in April and only 13,034 bales in May of lastyear. It was the largest monthly consumption sinceOctober 1929. May activity of spinning machinery,at 112.3 percent of capacity on a single shift basis,was 17 percent more than in April and 77 percentlarger than in the corresponding month of 1932. Inthe cotton growing States 90 percent of the spindles inplace were operated at sometime during the month,and in the New England States 62 percent, as comparedwith 88 percent and 56 percent, respectively, in April.Production of cotton printed cloths in May increased28 percent over the April output but was slightlysmaller than in March. Shipments of these goods weresmaller than production causing stocks at the end of
May to rise 1.2 percent above the total at the end ofApril.
Wholesale prices of cotton goods rose 14 percent,the second successive advance to reach the September1932 level. The May index was 9.5 percent higherthan in May of last year. Compared with 1929,cotton goods prices in May were 41 percent lower, andalso 7.7 percent lower than the May combined indexof all commodities.
Following the slow revival of activity in April, woolconsumption increased 63 percent in May and wasnearly three times the consumption of May 1932. Itwas also 4.3 percent more than the consumption inMay 1931. There was a considerable increase in theoperating time of woolen and worsted spindles and oflooms. Activity of woolen spindles increased from53 percent of capacity on a single shift basis in Aprilto 77 percent in May; worsted spindles from 35 to 72percent; narrow looms from 29 to 46 percent; and widelooms from 42 to 66 percent. Wholesale prices of woolenand worsted goods rose 15 percent from April to May.
Deliveries of raw silk to American mills in May were13 percent greater than in the preceding month, andwere the largest since last October. They were 43percent larger than in May 1932 and 4.6 percent morethan in the same month of 1931.
Prices of 13-15 Japanese raw silk in New Yorkaveraged $1,586 per pound in May compared with$1,324 in April and an average of $4,933 in 1929. ,' \
TEXTILE STATISTICS
Tear and month
Month-ly av-erage,
1923-25=100
a
Cotton,raw
li
Kun-ningbales
Cotton and manufactures
§3
xfi
Mil-lions ofspindlehours
Cotton clothfinishing 2
Thousands ofyards
Month-ly av-erage,1926=
100
Wool
S
IThou-
sands ofpounds
Wool manufactures
Spinningspindles Looms
Percent of active hoursto total reported
Month-ly av-erage,1926=
100
Silk
=
s
Bales of133
pounds
Operations, machin-ery activity
£ I-1&i
liPercent of active hours
to totalDollars
perpound
1930: May1931: May_1932:
MayJuneJulyAugustSeptemberOctoberNovemberDecember
1933:JanuaryFebruary _March _.AprilMay
Monthly average, Janu-ary through May:1931_1932_._.
97
59636990104999291
87837685106
473, 284465, 363
332, 372322, 706278, 568402, 601491, 655502, 244503, 722440,062
471, 202441, 663494,167470,685620,909
469, 611414, 745499,725
6,7256,733
4,5924,2503,6565,5396,8667,0466,967
6,7886,2867,0486,5698,310
5,9087,000
67, 704
43,86840,99337, 40464, 48087,98887, 95669, 51579,175
88, 30093,77395, 74674,46395,325
77,37370,90789,521
85, 38174, 436
71, 36471, 62462, 54759, 04066, 63374, 85081, 933
80,09782, 27280, 44680, 76581,740
68,56180, 28481,064
89.069.2
52.951.050.052.657.956.253.651.7
50.149.150.050.757.9
71.955.351.6
32, 64144, 966
16, 51918, 93326, 71941, 36146, 05542, 42338,96336, 532
35, 51033, 27824, 94328, 70146,898
41,06526, 90733,866
5266
2534505774735857
5657323572
573950
3945
1816172636434233
3636282946
362235
80.068.5
58.355.053.653.456.756.555.354.2
53.453.253.253.361.5
71.361.454.9
40,82345,073
32, 92337,46638,38259,90559, 69453, 70343,95540, 548
46,20432, 66538,93441, 91047,151
50,39344, 03341,373
87.976.3
43.239.547.167.683.784.576.283.2
89.780.656.659.275.4
90.366.472.3
55.042.5
39.635.845.938.343.646.845.334.2
37.236.836.342.246.0
44.443.139.7
59.149.5
30.428.641.050.262.061.952.255.5
56.848.938.249.852.3
54.841.349.2
3.9402.266
1.2311,1941.2311.6471.8051.6731.5621.550
1.3051.2011.1821.3241.586
2.5221.6231.320
1 Adjusted for seasonal variation.
182446—33 3
* Printed only (mill and outside). Grease equivalent*
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18 SURVEY OF CURRENT BUSINESS July 1933
LIFE INSURANCE—ADMITTED ASSETS[Thousands of dollars]
Tear and month Grandtotal
Mortgage loans
Total Farm Other
Bonds and stocks held (book value)
Total Govern-ment
Publicutility Railroad Other
Policyans and
premiumnotes
1923 monthly average..1924 monthly average..1925 monthly average..1926 monthly average..1927 monthly average..
JanuaryFebruary. _.MarchAprilMayJuneJulyAugustSeptember.OctoberNovember..December..
1928
Monthly average._.
1929JanuaryFebruary, _.MarchAprilMayJuneJulyAugustSeptember.OctoberNovember.December..
Monthly averane. _.
1930JanuaryFebruary...MarchAprilMayJuneJulyAugustSeptember.OctoberNovember.December.
Monthly average,_
1931JanuaryFebruary...MarchAprilMay__JuneJuly..AugustSeptember.OctoberNovember..December..
Monthly average._.
1932JanuaryFebruary. .-M a r c h . , . . .AprilMayJuneJulyAugustSeptember.OctoberNovember.December-.
Monthly average_
7,386,0008,066,0008,916,0009,904,000
11,009,000
11,668, 00011, 760,00011, 857, 00011,965, 00012,070,00012,159,00012, 274,00012,368,00012,471, 00012, 596, 00012,703,00012,849,000
2, 686,0003,128,0003, 595,0004,198,0004, 815,000
5,089,0005,115, 0005,140,0005,185, 0005, 228,0005, 278, 0005, 324,0005,368,0005,415, 0005,470,0005, 503,0005, 566,000
1, 253,0001, 395, 0001,484,0001,551,0001,601,000
1, 603,0001, 601,0001,592,0001, 590, 0001,589,0001, 588,0001, 589,0001, 589,0001, 592,0001, 594,0001,591,0001,594,000
1,434,0001,734,0002,111,0002,647,0003,215,000
3,486,0003,514,0003,548,0003, 595, 0003,639, 0003, 690,0003,735,0003,779,0003,823,0003,876,0003,912, 0003,972,000
3,321,0003,423,0003, 646,0003,879,0004,144,000
4,410,0004,446,0004,498,0004, 554,0004, 596,0004, 611, 0004,654,0004, 693, 0004,708,0004,741,0004,804,0004,856,000
1, 218,0001,117, 0001,050,000969,000921,000
937,000937,000938,000941,000925,000902,000912,000923, 000927,000935,000945,000954,000
12, 228,000
12,942,00013,032,00013,133,00013, 229,00013,333,00013,428,00013, 553,00013,649,00013, 755,00013,865,00013,974,00014,094,000
5,307,000
5, 605,0005, 628,0005, 662,0005, 696, 0005, 736,0005,778,0005,836,0005,873,0005,912, 0005,959,0005,988, 0006,034,000
1, 593,000
1, 592,0001, 589,0001, 585,0001, 585,0001, 587,0001,587,0001,595,0001, 588,0001, 589,0001, 588,0001,586,0001,579,000
3,714,000
4,013,0004,039,0004,077,0004,111,0004,149,0004,191,0004, 241, 0004, 285,0004, 323,0004,371,0004,402,0004, 455,000
4,631,000
4,901,0004,941,0004,997,0005,027,0005,073,0005,108,0005,160, 0005,376,0005,196, 0005, 224, 0005, 226, 0005, 253,000
931,000
974,000983,000
1, 001,000], 014,0001,030, 0001,046,0001,045,0001,058,0001,066,0001,061, 0001,037,0001,050, 000
13,499,000
14,198,00014,288,00014,402,00014,502,00014,606,00014,695,00014, 796,00014,884,00014,983,00015,079,00015,176,00015,253,000
5,809,000
6,069,0006,087, 0006,104,0006,128,0006,148,0006,158,0006,188, 0006,199,0006, 209,0006, 230,0006, 255,0006, 289,000
1,588,000
1,578,0001, 577,0001, 567,0001,565,0001,565,0001, 562,0001, 561,0001,560,0001,552,0001, 551,0001, 550,0001, 543,000
4, 221,000
4,491,0004, 510,0004,537,0004, 563,0004,583,0004,596,0004,627,0004, 639,0004, 657,0004, 679,0004, 705,0004,746,000
5,107,000
5,299,0005, 332,0005,372,0005,408,0005,459,0005,519,0005,571,0005, 606,0005, 637,0005,708,0005, 726,0005, 736,000
1,030,000
1,055,0001,058,0001,058,0001,062, 0001,061,0001,070,0001,076,0001,083,0001,087,0001,093,0001,100,0001,102,000
14. 739,000
15, 352,00015,433,00015, 533,00015, 622,00015,729,00015,831,00015,938,00016,031,00016,095,00016,187,00016, 249,00016, 324,000
6,172,000
6, 298,0006,309,0006, 316, 0006,318,0006,331,0006,343,0006,340,0006,346,0006,350,0006,367,0006, 375,0006,370,000
1, 561,000
1,544,0001, 544,0001, 537,0001,534,0001, 530,0001, 528, 0001,525,0001, 523,0001, 520,0001, 517,0001,514,0001, 503,000
4, 611,000
4, 754,0004, 765,0004, 779, 0004, 784,0004,801,0004,815,0004,815,0004,823,0004,830,0004, 850,0004,861,0004, 867,000
5,531,000
5,751,0005,801,0005,825,0005, 884,0005,916,0005,979,0006,024,0006,080, 0006,131,0006,148,0006,153,0006,155,000
1,075,000
1,105,0001,107,0001,119,0001,134,0001,163,0001,189,0001, 212,0001, 257,0001, 290,0001,283,0001,284,0001, 288,000
15,860,000
16,417,00016,495,00016, 531,00016, 541,00016, 592,00016, 600,00016,639,00016,675,00016,733,00016,790,00016,830,00016,917,000
6, 339, 000
6,384,0006,380,0006, 370,0006, 353,0006, 332, 0006, 306,0006, 281,0006, 256,0006, 228, 0006,197,0006,168,0006,136,000
1,527,000
1,502,0001,496,0001,488,0001,478,0001,468,0001,458,0001,450,0001,443,0001,434,0001,424,0001,415,0001,402,000
4,812,000
4,882,0004,884,0004,882,0004,875, 0C04,864,0004,848,0004,831,0004,813,0004,794,0004, 773,0004, 753,00C4,734,00C
5,987,000
6,153,0006,166,0006,166,0006,157,0006,161,0006,159,0006,162,0006,179,0006,190,0006,206,0006, 224,0006, 231,000
1,203, 000
1,290,0001, 303,0001,302,0001,302,0001,313,0001, 318,0001,327,0001,344,0001,353,0001,366,0001,378,0001,400,000
16, 647,00C 6,283,00C 1,455,000 4,828,00C 6,180,000 1,333,000
281,000365,000521,000686,000852,000
1,004,0001,017,0001,050,0001,064,0001,097,0001,112, 0001,128,0001,138,0001,151,0001,163,0001,180, 0001, 203, 000
1,750,0001,849,0001,974, 0002,117,0002,229,000
2, 311,0002,330, 0002, 345,0002, 359,0002, 372,0002, 389,0002,397,0002,411,0002,405,0002,410,0002,436,0002,447,000
72,00092,000102,000108, 000141,000
158,000162,000165,000190,000202,000208,000217,000221,000225,000233, 000243,000252,000
1,109,000
1,219,0001,231,0001, 247,0001, 252,0001, 256,0001,261,0001, 267,0001, 274,0001, 281,0001,295,0001,311,0001,319,000
2,384,000
2,452,0002,462, 0002,472,0002,477,0002,497,0002, 506,0002, 516,0002,526,0002, 527, 0002, 534,0002,540,0002, 539,000
206,000
255,000265,000277,000284,000290,000295,000332,000318,000322,000334,000338,000345,000
924,000991,000
1,066,0001,173,0001,303,000
1, 378,0001, 392,0001,407,0001,421,0001,437,0001,454,0001,467,0001,481,1001,491,0001, 505,0001,518, 0001,533,000
1,457,000
1,549,0001,564,0001,582,0001,602,0001,625,0001,647,0001,665,0001,683,0001,701,0001,732,0001,801,0001,836,000
1, 268, 000
1,348,0001,367,0001, 389,0001,398,0001,414,0001,441,0001,450,0001,473,0001,488,0001,520,0001, 526,0001,531,000
2, 504,000
2,549,0002, 554,0002,554,0002,572,0002,594,0002, 600,0002,618,0002,621,0002,622,0002,639,0002,640,0002,637,000
305,000
347,000353,000371,000376,000390,000408,000427,000429,000440,000456,000460,000466,000
1,445,000
1, 544, 0001, 572,0001,578,0001, 605, 0001,611,0001, 644,0001, 662,0001,667,0001, 663,0001, 665,0001,667,0001,667, 000
2,600,000
2,633,0002,648,0002, 651,0002,660,0002,653,0002,653,0002, 657,0002,663,0002, 669,0002,686,0002,688,0002,686,000
410,000
469,000474,000477,000485,000489,000493,000493,000493,000509,000514,000514,000514,000
1,666,000
1, 868,0001,891,0001,916,0001,936,0001,958,0001,986,0002,011,0002,034,0002,055,0002,091,0002,120,0002,163,000
2,002,000
2,205,0002, 234,0002, 265,0002, 292,0002,324,0002, 356, 0002, 380,0002,402,0002,438,0002,500,0002, 536,0002,586,000
1,629, 000
1, 665,0001,672,0001, 678,0001,674,0001,673,0001,670,0001,670,0001,669,0001,669,0001,671,0001,674,0001,670,000
2,662,000
2,683,0002, 679,0002,675,0002, 671,0002,665,0002,660,0002,657,0002,655,0002,653,0002,649,0002,649,0002,639,000
494,000
515,000512,000511,000510,000510,000511,000508,000511,000515,000520,000523,000522,000
2, 377,000
2,647,0002, 696,0002,734,0002,777,0002,818,0002,862,0002,878,0002,910,0002,925,0002,936,0002,941,0002, 948,000
1,671,000 2,661,000 514,000 2,839,000
i Compiled by the Association of Life Insurance Presidents, and represents a revision of the data previously shown, which covered 44 companies. These series are basedon reports of 39 companies holding: approximately 82 percent of the admitted assets of all United States legal reserve companies. The data are given as of the end of eachmonth and arc designed to show the fluctuations in the character of investments of life-insurance companies. Admitted assets embrace all assets permitted by statute to beincluded for testing the solvency of the companies. In addition to the items separately listed, the total also includes real estate, collateral loans, bills receivable, interest dueand accrued, deferred and unpaid premiums, etc. Of the bonds and stocks, approximately Q8H percent are bonds and 1 ^ percent are stocks. For 1933 data see paee 31of this issue.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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July 1933 SURVEY OF CURRENT BUSINESS
LIFE INSURANCE—NEW BUSINESS WRITTEN l
19
[Number]
Year
Policies and certificates
Ordi-nary
policies
Indus-trial
policies
Groupcertifi-cates
Totalpolicies
and cer-tificates
Year
Policies and certificates
Ordi-nary
policies
Indus-trial
policies
Groupcertifi-cates
Totalpolicies
and cer-tificates
1913 monthly average1914 monthly average1915 monthly average1916 monthly average
78, 93578, 22583, 36295, 730
379,819410,189428, 559414,605
2,5004,0906,54211, 739
461, 254492, 504518, 464522,074
1917 monthly average1918 monthly average1919 monthly average.1920 monthly average.
109,897111, 198179,457204, 301
414, 443433, 226465, 248
25, 76026, 26639, 72038, 491
550,100570, 690684, 425742, 730
Month 1921 1933 1933 1924 1925 1926 1927 1928 1929 1930 1931 1932
ORDINARY POLICIES
JanuaryFebruaryMarchAprilMay_._June
JulyAugustSeptemberOctober.NovemberDecember
Monthly average
159, 820162, 310192, 736179, 889180, 668176, 653
148, 845150, 322148,177146, 431149, 864155, 020
162, 561
147, 212148, 716179, 958161,797183, 964182, 240
160,371160,457144,494163, 244170, 304190,427
166, 099
171, 255169,831216, 651201,144212, 637210, 263
194, 296185, 918166,925194, 706197, 809218, 585
195, 002
186, 640185,953224, 005214,105215, 686203, 652
189, 657166,359159, 837183, 913206, 285215,445
195, 961
176, 688184, 292220, 291216, 205231, 390219, 398
215, 276202,808188, 252217, 698219, 335266, 973
213,217
184, 569192,176244, 202230, 562227, 661239, 864
214, 978200, 531186,131213, 474224, 377268, 501
218, 919
188, 224205,490248, 726240, 532235, 397237,969
210,490213, 592187, 833207, 904204, 597252, 274
219,419
185, 572213,802259, 700229,894279, 467292,169
248, 925244,374213,522262, 583256, 774288, 341
247, 927
220, 525238, 362291, 770283, 431292, 778276,812
272,122272,846244,474288,192280, 363309, 681
272, 613
254,159267,108329,969309, 608293, 770266, 014
269, 380244, 573228, 375260, 541252, 827317, 990
274, 526
231,147246, 677320, 656299, 746287,927284, 507
260,450232, 576222, 760255,167258,039350, 653
270,859
247, 757251, 647271, 011248,104232,883245,100
227,858235,813229,184248,499258,173298, 722
249, 563
INDUSTRIAL POLICIES
JanuaryFebruaryMarchAprilMayJune
JulyAugustSeptemberOctoberNovemberDecember...
Monthly average.
486,717484, 327621,170507, 310651,707550,406
431, 365445, 752507,480671,860580,841661,850
550, 065
537,827568, 921683, 552571,841624,125578, 786
541,850511, 547479, 847622,861610, 594653,473
582,102
547,155550,971669,471950,443796, 538693,473
608,854566, 992556,415668, 393656,873681,525
662, 259
766, 821649,135693, 674705, 346760,648674, 481
595, 545609, 703614,848830,831641,128903, 065
703, 769
618, 425732,120809, 517803, 384882,325788,352
734,531717,402691,227
1,199,183851,209824,881
804,380
817, 246653, 943844, 659787,138859, 630743,137
716, 607719, 203714, 041822,459870,324838,577
782, 247
679, 290767,121890, 560851,905902,343816, 966
732, 665781, 361745, 664992,140940,847783, 539
823,700
901, 786846, 745
1, 049, 955980, 796839,453840, 312
753, 773740, 371770, 416946, 284782,026951, 002
1,051, 983891, 644
1,045, 058964,177
880, 770
809,110795, 451805, 623879, 483941,358868, 763
866, 910 901,824I
802, 585783, 235973, 678893, 017847,842
1,162, 942
896, 318804, 504721,848846,805740, 919793, 704
855, 616
749,849731, 421881, 059865,139845, 264925,851
993,819994, 528722,866761, 207951,428
1,156, 286
881, 560
803, 546815, 947931, 355859, 751833, 423829,656
845, 294773,803680, 597781, 262746, 709647,876
795, 768
GROUP CERTIFICATES
JanuaryFebruaryMarchAprilMayJune _ _
JulyAugustSeptemberOctoberNovemberDecember
Monthly average.
8,4467,55011,8807,908
10, 010
5,6695,5206,4218,0046,50339,076
10,299
12, 60813,37417,02822,12811, 69016, 515
10,19515, 34617,12313,94217,70488,491
21, 345
17, 57514,94523, 71733,09539, 98231,830
30, 90223,10216,91112,46218,427155, 214
34,847
16,39510, 63921,48424, 73219, 99113, 202
17,87314,81413,89670.76925.770109,429
29,916
47,46222,76426,99137.24423,17432,202
27,76268,88720,03338,10926,476175,287
45,533
40, 79452, 25044, 25760, 91939,81543,710
53,05740,88247, 74344, 21370,363
214, 277
62, 690
51,96732,45264,80330,99130,80541,042
29,10030,48813,49623, 79727,928124,123
41,749
26, 40853,80035, 78836, 70548, 83951,895
38, 90524, 60552,94318,91142, 358128,124
46, 607
57,92126,85935,98647, 02845,45566, 353
72,92340, 62221, 79949, 06239, 571120, 316
51, 991
43,08134, 73245, 91361, 99645,83252, 009
74,17138,85145, 71335,29028, 06359,255
47,076
44, 44960, 23228,09359,23035,145
22,32826, 21721, 64617,94218, 94244,456
35, 299
48, 57820, 54821,02835,65323,01326,183
17,84416,69141,46329,10523, 34243, 063
28,876
TOTAL POLICIES AND CERTIFICATES
JanuaryFebruaryMarchAprilMayJune
JulyAugust..SeptemberOctoberNovemberDecember
Monthly average.
i See footnote on p. 20.
654,983654,187825,786695,107842, 385733, 661
585,879601, 594662,078826, 295737,208855,946
722,926
697,647731,011880, 538755,766819, 779777,541
712,416687,350641,464800,047798, 602932,391
769,546
735, 985735, 747909,839
1,184,6821, 049,157935, 566
834,052776, 012740,251875,561873,109
1,055,324
892,107
969,856845, 727939,163944,183996,325891,335
803, 075790,876788,581
1,085, 513873,183
1,227,939
929,646
842,575939,176
1,056,7991,056,8331,136,8891,039,952
977,569989,097899,512
1,454,9901, 097,0201,267,141
1,042, 609
1,133,1181,078,6191,127,1061,026,711
984,642960, 616947,915
1,080,1461,165, 0641,321, 355
1,063,129 1,063,856
919,4811,005,0631, 204,0891,123,4281,168,5451,095,977
972,2551,025,441946,993
1, 223,8411,173,3721,159,936
1,113, 7661,114,3471,345, 4431, 247, 3951,167, 7591,184,376
1, 041,6031,009, 3501,036,8811,227,7781,081,1581,367,467
1,084,868 1,161,444
1,330,4291,156, 8651,372,8141,294,6361,226,6951,223,935
1,154,1551,108,9191,071,8961,216,7371,261, 2921,298,760
1,226,428
1, 099,8251,085, 0751,349,5601,264,6211,187,4441,480,965
1,1, 087,928995,936
1,142,6361,021,8091,170,949
1,177,218
1, 025,4451,038, 3301, 229,8081, 224,1151,168,3361, 255, 267
1,276,5971, 253,321967,272
1,034,3161,228,4091, 551,395
1,187,718
1,099,8811,088,1421,223, 3941,143,5081,089,3191,100,939
1,090,9961,026,307951,244
1,058,8661,028,224989,661
1, 074,207
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20 SURVEY OF CURRENT BUSINESS
LIFE INSURANCE—NEW BUSINESS WRITTEN—Continued >[Thousands of dollars]
July 1933
Year
Amount
Ordi-nary
Indus-trial Group Total
Year
Amount
Ordi-nary
Indus-trial Group Total
1913 monthly average.1914 monthly average.1915 monthly average.1916 monthly average.
140,441136,813145, 600180,183
51,90955,21758,12858,645
1,7363,7903,9276,560
194,085195,819207, 654245,388
1917 monthly average..1918 monthly average..1919 monthly average..1920 monthly average..
208,881218,094380,476461,433
61,484
77, 90193,044
14,86120, 55535,46535,478
285,227304, 747493, 841589, 954
Month 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932
ORDINARY
January...FebruaryMarchAprilMayJune
JulyAugustSeptemberOctoberNovemberDecember
Monthly average.
364,674368,194433,993420,875426,436411, 581
356,829348, 758322, 597337,460344,323419, 798
379, 627
350,722379,842446,674416, 111460,304456,061
408,324405,881349, 297400,401418,334520,493
417,704
435, 663438, 796554.360512,029549, 771547,942
499,753479.361414, 330486,450506,651578,854
500, 330
507,650494,847603,897570, 639574,792559, 543
532,999460,334428,308498,163499, 307632, 867
530, 279
522, 853547, 498659, 712642,163684,069640, 339
642,823595, 523529,667606,277588,823712, 343
614, 341
559, 259595,862733,124681,033685, 659709,839
644,647599,194526,330606,628634,261802,867
648,225
577,986625, 479748,129736,255703,073699, 786
624,665629,185529,772605,699583,454716, 817
648, 358
579,189654, 586778,964709,067756,037752, 582
657,932625,073533,073658, 576
806, 754
681, 485
659,124682, 849829, 238792,393800,050748,344
719,957696,921607, 660705, 266701,985835,962
731, 646
712,446730,074
838,904774,914723,561
712, 405620,698544, 319618,107591,605749, 505
708, 369
594, 741598, 755718, 751689,011671, 243671,039
605,628545,549482, 704562,480586,432756,871
623,600
614,040575,497592,333520, 586487, 284504,329
447, 739443,460404,763433,118450,098519, 246
499,374
INDUSTRIAL
January.,_ __February. _.March _.April..MayJune
July....AugustSeptemberOctober.NovemberDecember.—
Monthly average.
93,35791,866118,47895, 759125,232104,909
81,87284, 58396,805129,165109,087126,646
104,813
103,725110,954132,833123,208125,084115.959
110,423102, 90197,257132, 790125.960137,707
118, 233
112,678114, 758137, 853208,105162,326147,444
132, 798127,090124,905152,061146,882153,154
143,338
179, 656143,762156, 792158, 557173,629154,495
135,015141, 525145,052198, 461150, 718225,892
163, 630
147, 441177, 666193,604196,895217,735198.113
182, 991181,048175.114256, 704207,980223,883
196, 598
227,158174,782230,203215,504235,207202,315
194,315199,076197, 277226, 523235,691228,008
213, 838
185, 292207, 217241, 701227, 280241, 661221, 780
200,835211,158200, 622265,974252, 737211,076
222, 278
236, 303221,949273, 551259,961216, 396214,882
194,642193, 365198,949233, 530202,948246,045
224,377
265,998230, 779274,824256,279240, 501242,166
223,680219,144221,006240,489249,247234,046
241, 513
218,027212,813264,415241,129230,083311,925
247,506233,745210,423243, 778208, 482228,803
237,594
214,320208,888246,663234,941236,294250,658
253, 228246, 908199, 217213,931230,344261, 772
233,097
217, 552220, 568251,059
222,956213,298
206,641196, 340174,156198,053184, 882154,864
206,439
GROUP
January.FebruaryMarchApriL_._MayJune
JulyAugustSeptemberOctoberNovember _.December...
Monthly average. 9,257
6, 8516,16710, 1117,0309,1896,119
4,6325,4855,0766,5695,79038,064
14, 51411, 90817,80823,32310,42218,860
11,90218, 49018,06715,67417,40898,052
23,036
18,20016,12224, 98835,05045,72654,924
21,56621,96921,3899,81718,797231,497
43,337
19,08215,41135,03444,21734,98621,490
31, 33822,93119,354131,10138,623184,198
49,814
68,95736, 69640,79766,41539,04147, 565
54,947126,88537,78854,433111,066314,194
83, 232
56,280
72,36880,66356,45869,282
78,12555,63273,45662,353100,448262,452
87,550
94,44546,119103,05746,96045,68367,817
54,22943,97731,47548,62576,960165,025
46,84191, 50557,98662,007205,195113,711
74,19656,926277,94472,11953,569224,159
111,347
98, 63758,60764,81372,238109,827106,589
147,65899,77475,151105,39386,165160,514
98,781
64,31459,93173, 234113,51491,263106,782
130,03673,187138,49251,55259,295130, 519
91,010
78,363103, 58761,91899,06971,84581,647
46,18645,94437,30040,50428,595101,205
66,347
111, 91935,12245,57464,88349,11350,606
36,98428,97961,01838,86836,26267,810
52, 262
TOTAL
JanuaryFebruaryMarchAprilMayJune
JulyAugustSeptember. _October. _.NovemberDecember..
Monthly average.
464, 882466,227562, 582523, 664560, 857522, 609
443, 333438,826424,478473,194459, 200584, 508
493,697
468,961502, 704597, 315562, 642595,810590,880
530,649527,272464, 621548,865561, 702756, 252
558,973
566, 541569,676717, 201755,184757,823750, 310
654,117628,420560, 624648,328672, 330963, 505
687,005
706, 388654,020795, 723773,413783,407735, 528
699, 352624, 790592,714827, 725688,648
1, 042,957
743, 722
739, 251761,860894,113905, 473940,845886,017
880, 761903, 456742, 569917, 414907,869
1, 250,420
894,171
842, 697853,732
1,035,695977, 200977,324981,436
917,087853, 902797,063895, 504970, 400
1,293,327
949,614
857,723878,815
1,092,8871,010,495990,417989,383
879, 729884,320761,869920,298913,151
1,092,918
939, 334
862,333968,040
1,110, 5011,031,0351,177,6281,081,175
926,770875,364
1,009,966964,225922,505
1,276,958
1,017,208
1,023, 759972,235
1,168,8751,120,9101,150, 3781,097,099
1,091,2951,015,839903,817
1,051,1481,037,3971,230, 522
1,071,940
994,7871,002,8181,221,5441,193, 5471,096, 2601,142, 268
1,089,947927,630893,234913,437859,382
1,108,827
1,036,973
887,424911,230
1,027,3321,023,021979,382
1,003,344
905,042838,401719,221816,915845, 371
1,119, 848
923,044
943,511831,187
822,367759,353768,233
691,364668,779639,937670,039671, 242741,920
758,075
i Compiled by the Association of Life Insurance Presidents, and represents a revision of the figures previously shown due to the elimination of one company. The data oninsurance written represent only new business that has been paid for, and is exclusive of revivals, increases, and dividend additions. The 43 companies whose figures are in-cluded in these tables had in force 81 percent of the total life insurance in force in all United States legal reserve companies at the close of 1931. These tables supersede datapreviously shown in the Survey of Current Business on this subject. See p. 31 of this issue for 1933 figures. Revised data on premium collections appeared on p. 18 of theJune 1933 issue.
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July 1933 SURVEY OF CURRENT BUSINESS 21
WEEKLY BUSINESS INDICATORS(Weekly average 1923-25=100]
1933
June June June June June June J'24 17 10 25 18 11
1933 1931
une June June29 20
1930
June28 21
1933
June June June June June J18 1124 17 10
1933
25ne June June
27 20
1931 1930
June June28 21
Business activity:New York Times * #Business week * K
Commodity prices, whole-sale:
Dept . of Labor, 1926=100:Combined index (784).._
Farm products (67 ) . . .Food (122)
Fisher 's index, 1926=100:Combined index (120).__
Agricultural (30)Nonagricultural (90) _ _
Copper, electrolyticCotton, middling, spotIron and steel, composi te-
Construction contracts tDistribution: Car loadings._Employment: Detroit fac-
toryFinance:
Failures, commercialSecurity prices:
Bond prices tStock prices %
65.153.261.4
64.046.667.356.534.969.623.0
91.464.1
64.552.861.0
63.546.266.'56.534.269.528.561.3
56.3
87.162.2
64.052.561.0
62.745.566.156.534.269.5
'58.1
65.054.2
64.046.459.5
59.542.962.937.719.571.326.552.0
72.2
65.955.8
63.745.458.5
59.342.562.937.719.571.326.5
65.756.4
45.858.6
59.642.663.437.018.871.427.752.3
70.
85.175.5
85.0 96.076.8 100.3
96.894.7
70.362.172.857.238.275.079.679.2
70.061.472.856.532.475.0
77.1
85.788.084.284.150.081.0
172.897.7
86.288.884.685.551.881.0
91.6
94.888.1
97.3
94.286.1
73.2
18. 5 151.6 150.6 140.3 103. 7 114.
99.0
7 120.4 119. 7
Finance—ContinuedBanking:
Debits, outside N.Y.C.J.Federal Reserve report-
ing member banks:§Deposits:
Net demandTime
Loans, total _Interest rates:
Call loans %.Time loans %
Money in circulation %--Production:
AutomobilesBituminous coal $Electric power tLumber X - -Petroleum }Steel ingots 1
Receipts, primary markets:Cattle and calves. _ __
67.9 58.5 64.9 61.4 64.8 84.5 99.0 125.2 132.5
106.2109.9107.7 90.5 92.1119.6 116.8 116.1122.8 123.5 124. 0 158.1158. 6 160.78.3 78.9 78.4 90.478.9
24.2
78.4
24.2
92.1
60.6
91.0110.0109.7112.3112.91.4 159.4
137.091. 2 116. 3 116. 7 136. 5
60.624.2 24.2 24.2 60.622.9 22.9 22.9 34.3 34.3 34.3
117.6 118. 2 119.1114.4 113.0 112. 7
76.9 72.755.494.776.0
53.292.974.9
94. 4 79.187. 4| 40. 5
79.042.9
79.1 106. 5 106.1106.1143.0 130. 0 192. 2 197.
106.4r.7
Cotton..Wheat.
95.980.2
120.6 125.4 130.165.8
63.989.461.987.8
71.540.786.5
69.739.686.651.8
68.938.986.454.6
36.434.398.1
79.666.198.1
36.434.398.3
54.574.392.0
60.681.892.3
82. 2 111. 0 114.164.9 78.3 78.396. 6 102. 3 101.9
63.2
69.079.761.576.5
60.5
70.985.865.473.9
103.5 105.5 104.8 117. 2 119.2125.3 124.819.7
60.146.220.843.8
21.1
58.561.214.230.7
23.7
57.961.911.538.5
44.7
76.669.322.365.5
46.1
76.3
21.358.4
84.2
52.280.311.562.1
86.8
67.7
17.357.3
* Computed normal=100. % Daily average 1 Latest week is preliminary.# Index revised. See weekly supplement of June 1,1933, for explanation.
f Weekly average, 1928-30=100. X Average same week, 1930-32=100.§ 1933 indexes are based on reports from 90 cities; earlier data cover 101 cities.
WEEKLY BUSINESS STATISTICS
COMMODITY PRICES, WHOLESALE
Copper, electrolytic, New York— ..dolls, per lb._Cotton, middling, spot, New York dolls, per lb_ .Food index (Bradstreet's) . .dolls, p e r l b . .Iron and steel composite dolls, per t o n . .Wheat, no. 2, hard winter (K.C.) dolls, per bu_.
FINANCEBanking:
Debits, New York City . .mills, of dolls . .Debits, outside New York City mills, of dolls. .Federal Reserve banks:
Reserve bank credit, to ta l . . mills, of dolls._Bills bought mills, of dolls. .Bills discounted mills, of dolls._U.S. Government securities mills, of dolls. .
Federal Reserve reporting member banks :§Deposits, net demand mills, of dolls. .Deposits, time mills, of dolls. .Investments, total mills, of dolls. .
U.S. Government securities mills, of dolls. .Loans, total mills, of dolls._
On securities mills, of dolls. .All other mills, of dolls. .
Interest rates, call loans percent . .Interest rates, time loans percent . .
Exchange rates, sterling (daily av.) dollars..Failures, commercial— number . .Money in circulation (daily av.) mills, of dolls. .Security markets:
Bond sales, N.Y.S.E thous. of dolls, par va lue . .Bond prices, 40 corporate issues dollars..Stock sales, N.Y.S.E thous. of shares. .Stock prices (N.Y. Times)... .dolls, per share . .Stock prices (421) (Standard Statistics) 1926=100..
Industrials (351) 1926=100..Public utilities (37) 1926=100.Railroad (33) 1926=100.
PRODUCTION, CONSTRUCTION, AND DISTRIBUTION
Production:Automobiles (Cram's estimate)__ number__Bituminous coal (daily av.) thous. of short t ons . .Electric power mills, of kw-hrs . .Petroleum thous. of bb l s . .Steel ingots percent of capacity. _
Construction contract awards (da. av.)_thous. of dolls. .Distribution:
Exports:Corn thous. of bu__Wheat thous. of bu._Wheat flour thous. of bb l s . .
Freight-car loadings, total cars.Coal and coke cars.Forest p roduc t s . . . cars.Grain and products cars.Livestock cars.Merchandise, 1.c.l cars.Ore cars.Miscellaneous cars.
Receipts:Cattle and calves thousands. .Hogs thousands. .Cotton, into sight thous. of bales. .Wheat, at primary markets thous. of bu_.Wool, at Boston, total thous. of lbs .
1933
June 24 June 17 June^lO
0.078.0951.89
28.8375
4,3533,147
2,1949
2221,955
10, 8234,3388,3055,3078,5003,7694,7311.001.004.19373
5,711
75,50084.89
24, 30685.53
75.477.897.744.0
1,5982,513
503,689
202580161
6,98710, 456
0.078.0931.87
28.75.72
3,4272,710
2,21210
2541,932
11,2074,2637,9624,9908,559
4,761| 1.00
1.004.10396
5,742
72, 20084.39
29,83783.66
74.375.999.443.0
55,496943
1,5782,612
484,580
1254
52587,931
98, 50225, 52038,14715,450
168,53012, 266
229, 516
218517160
24,812
0.078.0931.87
28.75.71
3,7922,938
2,21411
2771,912
10,9834,2757,9745,0138,5113,7424,7691.001.004.07.401
5,784
83, 90084.54
32, 32084.8572.875.293.542.8
53, 283906
1,5422,709
46
404
76564, 54692,38424,35235,91715,801
167,9969,973
218,123
224557170
5,8766,116
1933
June 25 June 18
0.052.0531.62
29.52.43
3,1413,007
2,28854
4881,730
10,1734,5086,9194,0309,7754,2125,5632.501.503.61617
5,556
56,49670.813,04239.3134.534.055.014.9
54, 577693
1,4412,156
15
24558361
498,79971,16316,71927,57714, 587174,5224,548
189,683
19030054
3,4882,134
0.052.0531.6129.52.46
3,417
2,847
2,27066496
1,692
10,3584,5376,9564,0569,9914,2655,7262.501.503.65613
5,485
53,19470.784,45641.6836.736.059.615.9
53,158675
1,4422,198
164,252
1,35836
518,39871, 54617,14025, 79515, 400175,8194,290
18539737
2,44314, 356
1931
June 27 June 20
0.079.1042.16
30.99.60
4,8343,916
960106198619
1.501.504.86422
4,763
70, 23295. 35
21, 620138.86103.594.5
164.980.5
60, 7701,1251,6352,442
3412, 779
251,739
225759,363124,13430, 53641,86918, 776
216, 06030,152
297,836
24245058
5,21310, 527
0.078.0882.14
31.03.74
6,3754,588
907107185599
1.501.504.86467
4,773
53,86295.037,110
126. 26103.294.5
163.780.1
62, 7521,1061,6102,482
122,028
135739, 094114, 78230, 55532, 77119, 549
217,13630, 640
293, 661
24144758
4,6448,736
1930
June 28
0.116.1362.73
33.44.84
5,810
102232577
2.253.254.86490
4,468
54,37295.01
15,038186.67145.8136.2211.4122.1
84, 6621,3331,7042,611
6427, 746
491,828
231936, 690146,91247,947
20, 543239, 544
61, 034371,864
16552130
4,94020, 752
June 21
0.118.1412.74
33.52.90
10,0276,145
961133207598
2.503.584.86487
4,482
63,90795.26
26,487192.02139.8130.6202.8117.2
87, 0631,3331,6982,599
741,619165
920, 645141,83149,63739,69721, 325240, 75663,193
364, 206
21452345
4,55813, 599
1939
June 29 June 22
0.178.1853.32
36.841.09
9,7525,708
1,29483
1,017150
8.759.504.85425
4,683
76,63093.35
19,848260.47
195.9149.5246.1149.7
125, 7361,6081,7232,815
9422,186
1541,031285
1,096, 569174, 33269,49851,96322,973260, 70576, 657440, 441
22953048
7,50912,498
0.178.1853.3536.961.02
5,8296,496
1,25287959139
7.008.134.85427
55, 29393.5517,045253.71191.7191.5237.4144.6
127, 6951,5411,7032,765
95
103594182
1,069,874165,74670,90345,32723, 353259, 37675,432429, 737
23449872
6,3069,331
§ Statistics cover 90 cities. Comparable figures not available prior to 1932 but adjustment has been made in indexes above.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
![Page 24: Survey of Current Business July 1933 - FRASER...of Labor estimates the number of unemployed in June at over eleven and a half million. Available indexes of consumer purchasing indicate](https://reader034.vdocument.in/reader034/viewer/2022050310/5f71dd9db1cf5a041f318508/html5/thumbnails/24.jpg)
22 SURVEY OF CURRENT BUSINESS July 1933
Monthly Business StatisticsThe following summary shows the trend of industrial, commercial, and financial statistics for the past 13
months. Statistics through December 1931 for all series except those marked with an asterisk (*) will befound in the 1932 Annual Supplement to the Survey of Current Business, together with an explanation of thesources and basis of the figures quoted. Series so marked represent additions since the Annual was issued andsimilar information, if published, will be found in the places noted at the bottom of each page. Later data willbe found in the Weekly Supplement to the Survey.
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1933
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
BUSINESS INDEXES
BUSINESS ACTIVITY (Annalist)
Combined index — _ normal=100Automobile production normal=100..Bituminous coal production.— normal = 100—Boot and shoe production _ normal=100Carloadings, freight normal = 100Cotton consumption normal = 100Electric power production normal=100—Pig-iron production normal = 100..Steel ingot production normal = 100._"Wool consumption normal=100—Zinc production . normal = 100
INDUSTRIAL PRODUCTION (F.R.B.)
Total, unadjusted _ 1923-25=100 .Manufactures unadjusted 1923-25=100..
Automobiles - .— 1923-25=100Cement 1923-35=100Food products . _ _ 1923-25=100Glass, plate 1923-25=100Iron and steel 1923-25=100Leather and shoes 1923-25=100..Lumber _ . 1923-25=100Paper and printing 1923-25=100—Petroleum refining 1923-25=100Rubber tires and tubes 1923-25=100..Shipbuilding.. 1923-25=100-Textiles. _ _ .1923-25=100-Tobacco manufactures 1923-25=100..
Minerals, unadjusted 1923-25=100—Anthracite 1923-25=100—Bituminous coal _._ 1923-25=100.Iron ore shipments 1923-25=100Lead . — 1923-25=100Petroleum, crude 1923-25=100Silver 1923-25 = 100Zinc . . . 1923-25 = 100
Total, adjusted 1923-25=100Manufactures, adjusted.- . . . 1923-25=100 _
Automobiles— _._ 1923-25=100Cement 1923-25=100—Food products 1923-25=100..Glass, plate — 1923-25=100Iron and steel 1923-25 = 100Leather and shoes _.. 1923-25=100..Lumber. . _ _ 1923-25 = 100Paper and printing 1923-25 = 100. _Petroleum refining 1923-25=100 _Rubber tires and tubes 1923-25 = 100. _Shipbuilding 1923-25=100..Textiles 1923-25=100Tobacco manufactures 1923-25 = 100. .
Minerals, adjusted 1923-25=100. _Anthracite 1923-25=100Bituminous coal . - 1923-25=100Iron ore shipments. 1923-25 = 100..Lead 1923-25=100Petroleum, crude — 1923-25=100Silver 1923-25=100Zinc 1923-25 = 100
INDUSTRIAL CONSUMPTION OFELECTRICAL ENERGY
Consumption by geographic sections:Total, United States . . 1923-25=100—
Middle Atlantic 1923-25=100..New England .1923-25=100. _North Central 1923-25=100 .Southern 1923-25=100-Western 1923-25=100
Consumption by industries:Total, all industries 1923-25=100
Automobiles, including parts and acces-sories 1923-25=100..
Chemicals and allied products1923-25=100-
Food products,._ 1923-25=100.Leather and products 1923-25=100 .Lumber and products 1923-25=100..
64.648.357.5
54.7100 765.825.739.8
42." i"
79806450
1009653
10032
106"14577435021
137
4676765142
101
4910930
10614379435714
136
46
91.396.085.288.2
91.3
58.9
126.6123.293.587.2
52.943.047.785.951.255.767.922.523.139.535.9
61605755873831782992
146919460
1116549433
48110353960584546893529842890
146727559
110674949
249
1093639
82.078.571.082.790.394.3
82.0
69.3
129.9116.374.777.8
52.947.344.586.150.157.568.419.720.245.334.7
59595465836225792785
14612910059
1286137406
50107443659584752836125822685
1461078063
1186342453
491054538
78.168.567.380.283.791.6
78.1
65.9
123.8118.465.770.0
52.031.645.183.448.857.467.318.019.365.131.2
56553461803623762580
141877964
1236245421529
106343158573350813625772586
141895469
1146455468
311044034
79.270.066.275.485.388.7
79.2
58.0
124.9122.073.769.2
55.524.649.991.148.975.367.516.718.387.128.2
59582662782123942581
135683386
1156648491732
106402960592348832123842384
135682290
1086548508
331044131
73.568.467.766.887.989.4
73 5
33.7
116.6123.282.269.8
60.425.457.0
101.452.489.068.319.722.495.528.1
67662667934327
1072389
1336184
1041237362611539
108342966662454954328932388
1336484
1041117061588
411043631
84.083.880.574.8
108.596.0
84.0
36.5
126.8129.593.780.6
60.017.564.5
100.456.083.466.220.923.984.830.8
68661563895030
1042594
13760
1581021128079742239
104363267651655895031942491
13768
21699
1047461671338
1033633
85.186.890.275.4
103.896.8
85.1
37.7
129.0118.393.788.5
59.728.264.394.555.381.467.021.423.981.432.6
65631853875729852089
13855
11995
106786774
647
105393565633153835931892187
13873
13692
1047565667
451063735
87.791.384.078.5
104.4101.3
87.7
47.3
130.1121.395.496.2
59.252.865.183.556.575.865.718.320.881.036.1
60583234865424732081
13246608691727470
3993303966646043847227852386
132677891
112767566
39963038
79.483.375.272.194.193.8
79.4
56.2
124.3103.279.883.5
57.247.754.787.954.374.663.118.3
«22.172.636.6
64634023947828792384
132546492
107715763
46102364265644838898829852686
132599187
113735357
451073640
81.985.775.576.390.1
100.0
81.9
59.2
126.0107.583.690.4
°56.531.761.095.353.172.1
«63.518.5
« 23.170.640.0
65633524896832922088
13258
12988
104766867
41108334764623341896331902085
13254
18183
115796463
401103044
85.891.879.880.599.3
102.0
85.8
61.2
130.0112.595.091.0
a 52 . 927.252.8
°88.949.372 9
°62.215.5
M6.251.440.0
61593429905924872386
13545
1127894746351
4612048476057274091
21852285
13541
1447699817751
451224444
75.380.870.267.885.995 8
75 3
42.6
115.6101.581.484.7
a 57 3«41.0
55.7°98 0
53.075 3
« 62. 918.1
«27.667.542.0
686857349961
o 39912688
140763188
107"65
4546
« 108364767664435
105
35a 94
2485
140653285
116«72
4455
45«10S
3645
«84.486.3
°73.8«79.8
98.5102 0
a 84 4
«54.8
« 121.0« 119.7"82.5"89.5
• Revised.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
![Page 25: Survey of Current Business July 1933 - FRASER...of Labor estimates the number of unemployed in June at over eleven and a half million. Available indexes of consumer purchasing indicate](https://reader034.vdocument.in/reader034/viewer/2022050310/5f71dd9db1cf5a041f318508/html5/thumbnails/25.jpg)
July 1933 SURVEY OF CURRENT BUSINESS 23
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1933
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
BUSINESS INDEXES—Continued
INDUSTRIAL CONSUMPTION OFELECTRICAL ENERGY-Continued
Consumption by industries—ContinuedMetals, group 1923-25=100..
Electrical apparatus 1923-25= 100..Metal-working plants.— 1923-25=100..Rolling mills and steel plants
1923-25=100..Paper and pulp 1923-25=100..Rubber and products 1923-25=100-.Shipbuilding 1923-25=100..Stone, clay, and glass 1923-25=100..Textiles 1923-25 = 100..
MARKETINGS
Agricultural products* 1923-25=100..Animal products 1923-25=100..
Dairy products 1923-25=100..Livestock.... 1923-25=100..Poultry and eggs 1923-25=100..Wool. . . ___ 1923-25=100..
Crops 1923-25=100..Cotton _. _. .1923-25=100..Fruits _ ...1923-25=100..Grains 1923-25=100..Vegetables . . . 1923-25=100..
Forest products 1923-25=100..Distilled wood.. ....1923-25=100..Lumber 1923-25=100-Naval stores 1923-25=100-Pulpwood 1923-25 = 100-
ORDERSOrders, new 1923-25=100..
Iron and steel -...1923-25=100..Lumber and products 1923-25=100..Paper 1923-25=100..Stone, clay, and glass 1923-25=100..Textiles - -_._ 1923-25=100..Transportation equipment 1923-25=100..
Orders, unfilled. 1923-25=100-Iron and steel —.1923-25=100-Furniture and flooring __ 1923-25=100-Paper 1923-25=100..Brick and glass 1923-25=100..Textiles 1923-25=100..Transportation equipment 1923-25=100..
STOCKSDomestic stocks 1923-25=100..
Manufactured goods 1923-25=100..Chemicals and allied prod.._ 1923-25=100..Food products.. 1923-25= 100..Forest products 1923-25=100..Iron and steel products 1923-25=100..Leather 1923-25 = 100..Metals, nonferrous 1923-25 = 100..Paper, newsprint 1923-25 = 100..Rubber products 1923-25=100..Stone, clay, and glass 1923-25=100..Textiles 1923-25=100..
Raw materials 1923-25=100..Chemicals and allied prod.-.1923-25=100..Foodstuffs 1923-25 = 100..Metals 1923-25=100..Textile materials 1923-25= 100.
World stocks—foodstuffs and raw materials:Total 1923-25 = 100..
Coffee—adj. for seasonal 1923-25=100..Cotton—adi. for seasonal 1923-25=100..Rubber—adj. for seasonal 1923-25 = 100..Silk—adj. for seasonal 1923-25=100.Sugar—adj. for seasonal 1923-25=100.Tea—adj. for seasonal— 1923-25=100.Tin—unadjusted 1923-25=100.Wheat—adj. for seasonal 1923-25=100.
63.8
61.9
67.3112.0116.771.391.896.4
921031317915313180591119086
122
134961137810183822019070158721629017184213
255
201
58.192.855.8
61.8102.795.586.897.962.8
7495
14875
121775230
1094486583753
10293
1441081319196
10184
20113510618282
17093
178131222
285498250337229330121243250
54.183.153.0
55.895.8
120.785.187.155.2
6588
1436799
21241196133
110531952
10463
1371041189894
10383
20213658
18079
16191
168123207
285487251325249341119235240
50.779.250.2
51.294.595.682.577.554.0
66801176176384511071817055135311464
13210412098989183205128721747515388162128193
274* 462264311214327128236204
44.067.645.0
44.794.776.477.971.865.7
79851067378
3227144851024655145410761
3727237636111032372137234534
13410211692988783201138751557415790175125189
268M32268323206314130226189
50.681.451.8
51.3107.487.784.090.386.7
1028188777221312417310198755217498970
45342783341351033382355224923
143100121849891832051276914674173112180122217
262*428244325204311136229198
54.880.953.0
54.8111.386.572.384.394.8
1238382847512816426814287875627537884
4033218135131032382250225021
15598122739987831921257614177196122195116263
256429221330186310141226207
50.685.656.1
57.5113.693.084.081.993.0
108848474117841312437754705140477792
332414713711502837193525416
157981216710385851911178214982199122185106287
260434239328188306153228204
53.376.052.7
54.098.877.284.056.286.5
8281876811938841356345614745427090
15396121661088183193838116276193117177109282
262426229330193314155220217
54.774.052.8
58.4104.485.283.558.585.0
758110175
1499712269107818519690781647418611216995277
263402229326206312145212236
60.683.358.4
64.2111.091.089.267.284.1
61698963766352526537765137482388
• 3 235156934
•891
• 2835183624
a 447
14397
12069
1058282
2008980
16777
17610416486
259
259394212
<* 328220331147207220
50.575.050.5
50.5•95.2
68.0•71.5•68.8«79.0
6676
10263
1043055496540
10554
• 3 5503396
3634
• 1 77540
1060
273519352441
5
13796
12367
103• 8 3
812068880
16773
16699
16382
231
261375231
•330217326158209208
•58.089.455.3
«62.3»102.3a 82.073.0
« 74. 586.0
728697681374958427460835625536985
36411971369002736203423394
»13395119«68101•818320781
°76» 161
74* 161a 93160°78226
236*331225348167204208
COMMODITY PRICES
COST OF LIVING (N.I.C.B.)
Total, all groups. 1923=100..Clothing 1923=100-.Food .1923=100-.Fuel and light 1923=100..Housing 1923=100 _Sundries- _ 1923=100..
FARM PRICES (Dept. of Agri.)
Total, all groups 1909-14=100..Cotton and cottonseed 1909-14=100..Dairy products * 1909-14=100..Frui ts and vegetables 1909-14=100..Grains 1909-14=100 .Meat animals 1909-14=100..Poul t ry products * _ 1909-14=100. _Unclassified 1909-14=100—
72.160.764.182.863.589.4
6265636862656247
77.966.969.385.773.593.3
5642698049596043
77.265.768.585.672.493.1
5237628244575940
77.064.869.185.371.792.8
5741638342726538
76.864.369.085.571.292.8
5951657943697540
76.664.268.786.070.592.6
5957676841678442
76.164.468.786.369.691.4
565168593660
10244
75.664.068.086.568.791.5
544768573457
11543
75.163.567.686.367.591.3
524369593352
12145
73.762.664.986.066.490.7
5145685934519646
72.161.862.285.965.489.4
4944625734535744
71.861.261.985.864.689.4
5048596036565443
71.560.761.984.664.089.3
5349596647575644
1 Revised. & Estimated. * New series. See p. 18 of the March 1933 issue (marketings) and p . 20 of May 1933 issue (prices).
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
![Page 26: Survey of Current Business July 1933 - FRASER...of Labor estimates the number of unemployed in June at over eleven and a half million. Available indexes of consumer purchasing indicate](https://reader034.vdocument.in/reader034/viewer/2022050310/5f71dd9db1cf5a041f318508/html5/thumbnails/26.jpg)
24 SURVEY OF CURRENT BUSINESS July 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
M a y
1933
M a y June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
COMMODITY PRICES—Continued
RETAIL PRICESDepartment of Labor indexes:
Coal 1913=100..Food 1913=100.
Fairchild index:Combined index* Dec. 1930=100..
Apparel:Infants' wear* Dec. 1930=100._Men's* _ Dec. 1930=100Women's* Dec. 1930=100..
Home furnishings* Dec. 1930=100..Piece goods* Dec. 1930=100..
WHOLESALE PRICES
Department of Labor index:Combined index (784) 1926=100..
Economic classes:Finished products 1926=100._Raw materials 1926= 100..Semimanufactures 1926 = 100. _
Farm products 1926=100..Grains 11926=100..Livestock and poultry 1926=100—
Foods 1926=100..Dairy products. 1926=100..Fruits and vegetables 1926=100—Meats 1926=100..
Other products 1926=100..Building materials 1926=100.
Brick and tile 1926=100-Cement 1926=100Lumber 1926=100—
Chemicals and drugs 1926=100.Chemicals 1926=100..Drugs and Pharmaceuticals. 1926= 100..Fertilizer materials 1926=100..
Fuel and lighting 1926=100.Electricity.... 1926=100.Gas. 1926=100..Petroleum products 1926=100..
Hides and leather 1926=100..Boots and shoes 1926=100Hides and skins 1926=100—Leather _ 1926=100.
House furnishing goods 1926=100—Furniture 1926=100.Furnishings 1926=100__
Metals and metal products...1926= 100—Iron and steel 1926=100-Metals, nonferrous 1926=100—Plumbing a n d h e a t i n g
equipment 1926= 1 0 _Textile products.. 1926=100..
Clothing.. 1926=100—Cotton 1926=100..Knit goods 1926=100..Silk and rayon 1926=100..Woolens and worsted 1926= 100_.
Miscellaneous 1926=100..Auto tires and tubes... 1926=100..Paper and pulp 1926=100..
Other wholesale price indexes:Bradstreet's (96) 1926=100.Dun's (300) 1926=100.
World prices, foodstuffs and raw materials:Combined index*..,_ __ 1923-25=100.
Coffee*- 1923-25=100.Copper*. .1923-25=100.Cotton* 1923-25=100.Rubber* 1923-25=100.Silk* .1923-25=100.Sugar* _ 1923-25=100.Tea* 1923-25=100.Tin* ___ ..1923-25=100.Wheat*.- 1923-25=100.
Wholesale prices, actual. (See under respec-tive commodities.)
15594
70.4
77.571.072.371.167.2
62.7
67.253.761.350.252.846.859.458.858.852.366.571.475.281.859.673.280.955.066.860.4
31.276.983.667.368.371.771.672.077.775.256.6
61.355.961.957.948.029.161.558.937.670.7
62.174.
46.548.431.611.622.2
"397671.438.8
166101
76.8
83.079.477.577.372.7
64.4
70.353.958.146.642.644.459.359.661.556.570.471.577.475.059.573.679.158.769.470.7
106.1103.047.272.588.435.760.674.874.175.580.180.048.3
64.454.3
a 62.952.950.529.158.364.439.276.5
51.768.3
25.951.437.921.07.
17.214.42.941.38.8
166100
75.1
79.577.276.276.271.5
63.9
70.053.257.645.737.746.758.857.462.456.070.170.876.177.157.673.178.658.368.071.6
105.5106.348.270.887.532.558.774.774.075.479.979.847.5
66.752.767.451.049.627.555.064.239.676.2
52.166.4
24.850.437.219.56.2
16.718.728.339.135.0
166101
74.0
78.475.875.075.269.8
64.5
70.554.755.547.936.754.160.958.259.762.069.769.775.977.356.973.078.957.666.872.3
105.8108.349.768.684.433.560.074.073.075.179.277.247.0
67.151.566.050.047.826.253.664.340.176.2
52.668.3
26.651.436.521.36.8
17.225.927.341.634.3
168101
73.6
78.574.774.974.870.7
65.2
70.755.757.949.138.252.861.860.255.661.970.169.675.279.055.573.379.757.066.472.1
104.4107.048.969.784.439.360.073.672.674.880.178.748.5
67.152.766.052.648.529.553.464.640.176.3
55.571.1
30.559.837.727.28.5
23.028.430.545.736.2
171100
73.6
77.974.675.474.971.1
65.3
70.456.260.749.137.451.261.860.652.560.970.470.575.479.056.372.979.856.663.670.8
103.4107.646.772.284.448.263.273.772.774.780.179.751.6
66.855.667.357.950.432.656.764.742.775.5
56.372.4
32.673.243.228.39.0
25.228.433.349.337.5
172100
73.3
77.274.575.474.270.9
64.4
69.654.660.746.934.445.060.560.552.256.470.270.775.379.056.672.779.855.963.471.1
104.6104.447.472.884.649.664.173.772.874.780.380.450.7
67.555.062.556.250.930.856.564.144.673.4
53.971.4
30.162.841.424.38.5
23.428.236.347.635.0
17299
72.6
76.973.974.374.070.3
63.9
69.354.258.946.733.241.960.662.352.453.769.870.775.479.056.672.4
55! 063.571.4
103.1100.048.271.484.246.161.973.772.774.779.679.449.1
67.553.962.253.651.029.555.363.744.673.4
53.371.0
27.852.437.122.88.1
21.826.433.646.433.1
17399
71.8
77.173.074.173.069.6
62.6
68.452.157.744.131.738.758.359.552.849.469.070.875.181.156.572.379.754.763.169.3
104.196.545.069.683.841.759.273.672.774.779.478.848.3
67.553.062.551.749.329.354.263.444.673.0
52.669.0
25.751.934.821.7
7.721.720.928.045.131.2
17295
71.1
77.272.472.772.567.7
61.0
66.750.256.942.632.937.855.855.253.049.567.370.174.9 |81.255.971.679.354.962.366.0
103.296.738.768.983.343.057.172.972.373.578.278.546.4
62.851.961.950.148.427.053.461.244.672.0
50.668.1
25.148.434.622.87.2
18.218.029.245.232.0
17191
76.771.671.971.566.1
65.748.456.340.932.740.153.752.452.450.266.069.875.181.856.471.379.054.861.563.6
102.996.634.368.083.340.955.372.371.972.977.477.346.2
59.451.261.249.148.325.653.259.242.672.1
49.267.7
24.947.034.622.46.9
16.818.540.046.730.0
17091
69.7
76.471.271.770.965.8
60.2
65.749.456.942.836.043.054.650.954.350.565.870.374.981.857.871.279.354.861.962.9
100.596.633.168.183.241.455.672.271.872.977.276.447.9
59.451.361.350.047.125.553.258.941.372.2
50.668.0
27.047.036.225.77.0
16.523.939.848.430.1
16490
69.4
76.470.771.870.265.1
60.4
65.750.057.344.544.841.056.153.157.850.365.370.275.081.857.971.479.554.662.961.598.397.532.569.483.245.857.271.571.571.776.975.749.2
59.451.861.450.747.226.353.357.837.470.6
54.170.8
28.644.539.025.48.3
18.527.938.154.032.9
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION CONTRACTSAWARDED
Contracts awarded, F .R.B. :Total, unadjusted 1923-25=100.. 20 31 32 31 32 30 28 24 22 18 16 14 16
Residential 1923-25=J00._ 14 14 12 12 11 12 12 10 8 7 7 8 11Total, adjusted 1923-25=100.. 17 26 27 27 30 30 29 27 28 22 19 14 14
Residential 1923-25=100— 11 12 11 11 12 12 12 10 9 8 8 8 « 10F . W. Dodge Corporation (37 States):
Total, all types:Projects _ number . . 9,409 7,513 7,151 7,008 7,185 7,152 <*6,483 5,266 4,205 3,800 3,884 6,303 7,254Floor space thous. of sq. f t - 15,277 15,742 12,296 14,399 13,864 13,514 « 11.034 12,068 6,949 8,453 7,382 9,890 10,870Valuation . . thous . of dolls. . 77,172 146,221 113,075 128,769 133,988 127,527 "107,274 105,302 81,219 83,356 52,712 59,959 56,573
Nonresidential buildings:Projects number . . 3,152 2,140 2,093 2,064 2,180 1,921 «1,792 1,582 1,363 1,466 1,532 2,254 2,535Floor space thous. of sq. ft— 6,525 a 8,899 6,395 8,678 8,114 6,721 »4,912 6,036 3,331 4,460 4,085 5,000 4,972Valuation thous. of dolls. . 31,639 58,946 39,813 48,982 49,071 35,997 «26,917 31,845 24,945 28,732 23,670 26,359 23,807
* New series. For earlier data see p . 19 of the December 1932 issue (Fairchild index) and p . 20 of September 1932 issue (world prices). • Revised.
20141711
9,40915, 27777,172
3,1526,525
31,639
31142612
7,51315, 742
146, 221
2,140a8,89958,946
32122711
7,15112, 296
113,075
2,0936,395
39,813
31122711
7,00814,399
128, 769
2,0648,678
48,982
32113012
7,18513,864
133,988
2,1808,114
49,071
30123012
7,15213, 514
127,527
1,9216,721
35,997
28122912
<* 6,483« 11.034"107,274
«1,792a 4, 912
« 26,917
24102710
5,26612,068
105, 302
1,5826,036
31,845
228
289
4,2056,949
81, 219
1,3633,331
24,945
187
228
3,8008,453
83,356
1,4664,460
28,732
167
198
3,8847,382
52,712
1,5324,085
23,670
148
148
6,3039,890
59,959
2,2545,000
26,359
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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July 1933 SUEVEY OF CURRENT BUSINESS 25
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1932
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION CONTRACTSAWARDED—Continued
F. W. Dodge Corporation (37 States)—Con.Public works and utilities:
Projects numberFloor space thous. of sq. ft__Valuation thous. of dolls _
Residential buildings:Projects number__Floor space— thous. of sq. ft__Valuation _ thous. of dolls..
Engineering construction:1Total contracts awarded (E.N.R.)
thous. of dolls..
HIGHWAY CONSTRUCTION
Concrete pavement contract awards:Total .thous. of sq. yd..
Roads only thous. of sq. yd_.Federal-aid highways:
Approved for construction:Estimated total cost thous. of dolls..Federal-aid allotment thous. of dolls..Mileage, total .number. _
Initial number..Stage (added improvement)...number..
Estimated total cost thous. of dolls..Federal-aid allotment thous. of dolls..Mileage, total number..
Initial numberStage (added improvement)...number._
Mileage completed to date. number..Balance of Federal-aid funds for new con-
struction thous of dolls
CONSTRUCTION COSTS
Building costs—all types (American AppraisalCo.)* ..1913=100..
Building costs—all types (A.G.C.).. 1913=100—Building costs—all types (E.N.R.)..1913= 100..Building costs—electric light and power con-
struction (Rickey)* 1913=100..Building costs—factory (Aberthaw). 1914=100Building material costs:
Brick house, 6-room__ ._ 1913=100Frame house, 6-rooni 1913=100..
MISCELLANEOUS DATA
Construction—employment and wages:Employment, Ohio. (See Employment.)Wages, road building. (See Employment.)
Fire losses, United States thous. of dolls..Ship construction. (See Trans. Equipment.)Real estate:
Market activity each month 1926=100.New financing. (See Finance.)
958400
19,013
5,2998,352
26, 520
78,198
1,9021,633
8,3712,642
762507255
260, 73692, 66913, 6579,2584,400
106, 554
16 317
158164.4
150145
1,589182
61,718
[3,78416,66225,557
107, 743
10,3609,242
69, 73231, 8454,2002,3361,864
219, 647103, 026
9,7347,6172,117
100,898
71 383
153166
152.8
148
157152
39, 271
54.6
1,724106
50,146
3,3345,794
23,116
118,587
11,06810,038
60, 69728,0144,0762,1111,965
234,043109, 230
10, 5127,8852,627
101,032
61, 720
151164
152.2
148167
157150
34,339
55.2
1,876265
60,046
3,0685,456
19,741
120,458
7,2366,230
49,67622,5163,5381,6471,891
240,857112, 63011,2378,3042,934
101,191
56,836
150163
153.4
149
154148
32,982
47.2
1,685205
64,150
3,3205,545
20,767
1st*81,634
12, 27511,137
56,15419, 2853,8212,0251,795
242,175112, 68611,5188,2603,258
101,505
51, 425
149162
156.8
150
155148
31,426
54.2
1,745243
68,725
3,4866,550
22,804
114,487
12,65310,690
58, 31918,3943,6912,3391,353
260,943115,528
13, 2689,1164,152
101,124
42,075
149163
158.0
153166
155149
30,972
53.4
1,378138
58,501
3,3135,984
21,856
100,812
6,7125,667
56,05817,3783,5702,4981,072
255,315107,152
13, 2248,9664, 258
102, 361
33,593
147163
159.2
153
153148
30, 734
60.4
1,082643
54,212
2,6025,490
19,245
100,443
8,0027,592
51,97615,6193,2282,249
978
250, 724101, 098
12,9789,1523,826
103,874
25, 583
146163
158.2
152
154148
I
31,168
50.1
939181
43,317
1,9033,437
12,958
103,360
5,6494,638
45,08513,3142,6821,911
770
250,97898, 25713,3499,3533,996
104,562
20, 294
145163
158. 5
152166
153149
39,191
52.9
540832
42,674
1,7943,160
11,951
95,392
5,3875,129
40,18011,9032,4891,881
609
252,37295, 88413,3019,3473,953
105,055
18,075
142163
158.4
152
152147
35,548
50.4
466148
17,237
1,8863,149
11,805
60, 513
1,4401,280
33,0509,8162,2181,660
558
260,18597,33713, 5619,5504,011
105,412
15, 746
141163
159.3
150
151146
36,661
57.2
851117
17, 578
3,1984,773
16, 021
57,934
1,6961,478
25, 7387,4981,9591,408
551
265, 67898, 31113,8559,6284,228
105, 646
14, 550
140163
158.4
151165
153147
35, 321
41.7
68585
13, 623
4,0345,814
19,144
49,393
570379
13,1273,9381,151
783368
269,48997, 55114, 2099,7094,500
105,835
15, 622
158160.2
153
150143
27, 826
41.1
DOMESTIC TRADE
ADVERTISING
Radio broadcasting:Cost of facilities, total thous. of dolls.
Automotive thous. of dolls.Building materials thous. of dolls.Clothing and dry goods thous. of dolls.Confectionery thous. of dolls.Drugs and toilet goods thous. of dolls.Financial thous. of dolls.Foods. thous. of dolls.House furnishings . thous. of dolls.Machinery thous. of dolls.Paints and hardware thous. of dolls.Petroleum products thous. of dolls.Radios thous. of dolls.Shoes and leather goods thous. of dolls.Soaps and housekeepers' supplies
thous. of dolls.Sporting goods thous. of dolls.Stationery and publishers-thous. of dolls.Tobacco manufactures thous. of dolls.Miscellaneous thous. of dolls.
Magazine advertizing:Cost, total thous. of dolls.
Automotive thous. of dolls.Building materials thous. of dolls.Clothing and dry goods thous. of dolls.Confectionery thous. of dolls.Drugs and toilet goods thous. of dolls.Financial.. thous. of dolls.
^ Data for June, September, December 1932, and March 1933, are for 5 weeks, other months 4 weeks.* New series. For earlier data see p. 19 of the January 1933 issue (building costs, Richey). Earlier data for American Appraisal Co. not published.° Revised.
182446—33 4
2,293121
05333
55786
71244
011
304440
820
17207
23
9,106779192268166
2,029177
3,632230
077
169783110
1,030206577
1998
30
1111779
54385
12, 9581,748
368303297
2,615196
2,997175
02658
70196
1,0254
4336
1837
21
911746
41454
10,8881,128
222253355
2,372217
2,417137
02
5457188
8085
328
1820
17
812222
3789
8,195789127224274
1,914176
2,286127
00
6752284
6843
332
1980
15
921720
38537
6,80766812990
2761,731
146
2,493780
23139474
90780
132310
1820
12
809
68366147
6,836512133185149
1,761149
3,03658
019
13455692
909163518
2110
15
790
52358485
8,293567202222163
1,805200
3,06057
029
17062888
8960
6914
2471612
1160
44354320
9,053535195198170
2,305229
3,006118
017
18665099
8980
848
3082712
780
5139575
7,827375146162128
1,896212
2,803176
021
14569985
7503249
8319
549
790
33361
24
5,569421111106108
1,257198
2,620171
039
100638
76722
501212
29236
0
740
36334
30
8,2361,164
12815055
2,181191
3,014215
047
12071986
860770
13294570
940
33364
34
8,67083415024198
2,453196
o 2,466126
052
103° 598
8276743
76
281360
770
1823932
9,285962172244144
2,324204
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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26 SURVEY OF CURRENT BUSINESS July 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1932
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
DOMESTIC TRADE—Continued
ADVERTISING—Continued
Magazine advertising—ContinuedFoods thous. of dolls.Garden thous. of dolls.House furnishings thous. of dolls.Jewelry and silverware thous. of dolls.Machinery. thous. of dolls.Office equipment.- thous. of dolls.Paints and hardware thous. of dolls.Petroleum products thous. of dolls.Radios. _ ..thous. of dolls.Schools thous. of dolls.Shoes and leather goods thous. of dolls.Soaps and housekeepers' supplies
thous. of dolls.Sporting goods. _ .thous. of dolls.Stationery and books. thous. of dolls.Tobacco manufactures thous. of dolls.Travel and amusement thous. of dolls.Miscellaneous- thous. of dolls.
Linage, total. thous. of lines.Newspaper advertising:
Linage, total (22 cities) thous. of lines.Linage, total (52 cities) thous. of lines.
Classified— thous. of lines.Display thous. of lines.
Automotive .thous. of lines.Financial thous. of lines.General.- thous. of lines.Retail thous. of lines.
COLLECTIONS
Delinquent accounts, electrical trade:Amount dollars.Firms. _ number..
FINANCIAL INDICATORS
Bank debits. (See Finance.)Business failures. (See Finance.)Commercial loans. (See Finance.)Money in circulation. (See Finance.)
GOODS IN WAREHOUSES
Space occupied, public merchandising ware-houses percent of total..
NEW INCORPORATIONS
Business incorporations (4 States) number..
POSTAL BUSINESS
Air mail, weight dispatched pounds. -Money orders:
Domestic, issued (50 cities):Number thousands.-Value thous. of dolls--
Domestic, paid (50 cities)-Number.. thousands..Value thous. of dolls--
Foreign, issued—value thous. of dolls.Receipts, postal:
50 selected cities thous. of dolls. .50 industrial cities thous. of dolls..
RETAIL TRADE
Chain-store sales:Combined index (20 companies)*
av. same mo. 1929-31 = 100.Apparel (4 companies)*
av. same mo. 1929-31 = 100-Grocery (6 companies)*
av. same mo. 1929-31=100.Five-and-ten (variety) stores:
Total, 8 chains, unadjusted.. 1923-25=100.Total, 8 chains, adjusted 1923-25=100.F. and W. Grand:
Sales thous. of dolls.Stores operated number.
S. S. Kresge Co.:Sales thous. of dolls.Stores operated number.
S. H. Kress & Co.:Sales .thous. of dolls.Stores operated number.
McCrory Stores Corp.:Sales thous. of dolls..Stores operated number..
G. C. Murphy Co.:Sales thous. of dolls..Stores operated.. _ number..
Isaac Silver & Bros.:Sales thous. of dolls..Stores operated.. ..number..
5864373242397
129201
750136121457388197
1,922
62,18494,64917,01977,6307,0211,52816,13352,947
34,668651
24,3932,703
79
72
76
126130
1,24974
9,941716
4,978231
2,361237
1,661178
52732
2,05095
1,198167489713237382184161
973312195563463339
»2,058
o69,506106,00420,17385,8316,7001,709
19,05958,363
76, 793864
[3.5
2,863
687,906
3,42132,021
8,92770, 7202,871
22, 6212,513
87
133138
1,505
10,059715
5,126227
3,155241
1,543173
60340
1,86268
884139277288
46382
205170
845286171362309307
1,523
65,405100,15720,04780,1097,9401,706
18,42852,035
64,134
62.7
3,107
694,930
3,36932,056
9,36973,9033,066
22,0062,452
84
78
84
127138
1,42881
10,041718
4,877227
3,025241
1,491173
57040
1,46532
42470174953
37511420259
578189122418228297
1,103
50,44980,87117,20763, 6655,5742,226
13,65342, 212
56,082838
62.6
2,534
545, 060
3,06630,454
8,18770,1572,934
23, 7892,959
118135
1,14376
9,042718
4,492227
2,681241
1,394173
53340
1,40316
2234728253
37599
21921
45112566
320133212928
49, 57778,83917,56361, 2754,7541,621
13,03441, 866
60,096902
62.7
2,909
568,887
3,06130, 286
8,30672, 5062,692
23,8512,900
80
71
81
118127
1,13775
8,805719
4,862227
2,627241
1,361173
53440
1,28410
32041184034
30513119171
53370
104393139262987
62,32493,00318,35974,6443,6841,645
15,60653,708
49,868738
62.0
2,661
555,661
2,97129, 378
8,44174,4832,962
25, 7702,835
83
74
82
123135
1,17172
9,430722
4,914227
2,825241
1,419174
60140
1,76019
532116206638
291165142151
63951
237446164298
1,246
70,753103,32319,17184,1533,0521,975
18,89160, 235
48,104680
61.7
2,592
567, 006
3,21931,056
9,43079,0922,538
26, 7113,030
82
78
80
142133
1,30673
10, 506722
5,151229
3,475241
1,620175
59639
1,95324
561146318055
299205120164
46465
267472213303
1,364
63, 85594,96716,42378,5453,7401,737
16, 82356,245
47, 646641
62.1
2,458
533,047
3,15230, 201
9,22175, 3692,799
26,1092,840
79
76
78
130129
1,27676
. 9,841723
4,854229
3,129242
1,563175
54139
1,81619
367202
297123
28421011367
358146326352259264
1,252
60, 73591,50915,68975, 8203,9131,6518,908
61,348
41, 515686
61.7
2,681
542,326
3,57432, 745
10,15178, 6706,340
33, 0973,789
79
73
80
226117
2,25076
18, 051723
9,327230
5,830242
2,855176
99738
1,20942
2257717329
15714613245
277104160332223181
1,266
52,07777,95715,28262,6754,8662,281
14,19741,331
40,829633
60.7
3,307
524, 721
3,20730,038
8,56767, 2102,400
24, 6742,955
80
75
76
100135
86276
7,706718
3,913232
2,537243
1,130176
34738
1,81775
36728273825
17583
14413
63241
170347195190
1,584
47,18672, 53914,08358,4563,0481,637
15,18838, 584
39, 575542
60.8
2,839
493,416
3,09831,864
7,99665, 3702,423
22,5592,659
76
70
73
103138
93674
8,054718
3,896232
2,339243
1,223177
36435
1,94374
39628343776
18063
11669
64349
118392278203
1,791
49, 88476, 36414, 81061, 5542,5031,951
13,86943, 230
31,165520
« 60. 2
2,674
586, 822
3,93659, 711
10,445136,196
2,630
24,4222,646
75
63
74
110121
1,05874
8,492717
4,087231
2,383240
1,314178
41734
2,07564
52250333499
21661
116159
70279
135392311188
1,910
60,11891, 05317,00074, 0534,6851,511
15, 28952, 569
35, 530625
60.4
2,665
568, 740
3,26135, 866
9,62294,163
23, 8102,678
78
74
74
« 129« 140
1,33874
10, 228720
4,766231
2,721226
1,629178
55133
* New series. For footnote see p. 19 <tf the December 1932 issue. » Revised.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
![Page 29: Survey of Current Business July 1933 - FRASER...of Labor estimates the number of unemployed in June at over eleven and a half million. Available indexes of consumer purchasing indicate](https://reader034.vdocument.in/reader034/viewer/2022050310/5f71dd9db1cf5a041f318508/html5/thumbnails/29.jpg)
July 1933 SURVEY OF CURRENT BUSINESS 27
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
M a y
1932
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
DOMESTIC TRADE—Continued
RETAIL TEADE—Cont inued
Chain-store sales—ContinuedFive-and-ten (variety) stores—Continued
F . W. Woolworth Co.:Sales thous. of dolls.Stores operated number .
Grocery chains:A. & P . Tea Co.:
Sales, value total thous. of dolls.Weekly average - thous. of dolls.
Sales, tonnage, to ta l . . . t o n s .Weekly average . . . t o n s .
Restaurant chains:Total sales, 3 chains:
Sales _ thous. of dolls.Stores operated . n u m b e r .
Childs Co.:Sa l e s . . ._ thous. of dolls.Stores operated number .
J. R. Thompson Co.:Sales thous. of dolls.Stores operated number-
Waldorf System (Inc.):Sales _ thous. of dolls.Stores operated number-
Other chains:W. T . Grant & Co.:
Sales thous. of dolls.Stores operated number _
J. C. Penney Co.:Sales thous. of dolls.Stores operated number .
Department-store sales and stocks:Sales, total value, adjusted 1923-25=100-Sales, total value, unadjusted—1923-25=100.
Atlanta 1923-25=100.Boston _. _ 1923-25=100-Chicago 1923-25=100.Cleveland 1923-25=100.Dal las— _._ 1923-25=100.Kansas City 1923-25=100.Minneapolis . . _ 1923-25=100.New York 1923-25=100.Philadelphia* 1923-25=100.R i c h m o n d . - .1923-25=100.St. Louis _ 1923-25=100.San Francisco 1923-25=100.
Installment sales, New England dept. stores,ratio to total sales percent-
Stocks, value, end of month:U n a d j u s t e d - . . 1923-25=100.Adjusted 1923-25=100.
Mail-order and store sales:Total sales, 2 companies thous. of dolls.
Montgomery Ward & Co. . thous. of dolls.Sears, Roebuck & Co thous. of dolls.
19,8011,931
61,52515,381
397,49899,375
3,173379
1,227104
865116
1,081159
6,553451
14,4331,478
6767687069616763607659806073
6.9
5655
37,77815,10322, 675
20, 5291,913
72,43318,108
437,687109,422
3,736383
1,426107
1,053115
1,257161
« 6,084417
« 12, 6451,466
7272657370646363587863856270
7.3
6968
38, 71814,17224, 546
18,9211,915
86,06317,213
531,088106,218
3,456383
1,274107
1,019116
1,163160
« 5,863424
12,0251,467
6966567066585456578160805767
5.6
6567
39,88914,84025,049
18,1461,919
64,23916,060
397,46899,367
• 3,269384
1,203107
1,002117
1,064160
<* 5,090429
11,4551,468
6546444645403842405039513959
5.2
5964
32,07311,80420, 269
18, 2441,920
79,31715,863
490,48798,097
3,314382
1,268107
1,001115
1,045160
5,055434
10, 7521,472
6549534850444750505642554775
9.6
5961
33, 77712,98820,789
19,4631,925
63,62515,906
391,80497,951
3,403382
1,311107
976116
1,116159
« 5,658438
13,0531,474
6871657569557273728053777173
9.3
6360
39,15614,63824,518
22,4731,930
66, 53016,633
415, 659103,915
3,406383
1,350106
950117
1,106160
« 6,962442
16,7521,477
6975758071617771629574946879
9.9
6761
45,42319,80525,618
20,2161,932
62,84915, 712
395,27598,819
3,386382
1,445105
887117
1,054160
« 6,334444
15,0421,477
6373637665576864569166866768
7.3
6961
41,28116, 55224,729
33,0991,932
79,61615,923
498,47099,694
3,641382
1,554105
918117
1,169160
«11,368445
18,9421,476
6010696
11510090999685
13410113792
121
4.1
5660
51, 55621,05530,501
15,8451,927
57,23514,309
371,39492,849
3,425381
1,431105
884117
1,110159
4,270446
8,6881,473
6049435049414244405644544354
6.2
5258
26,95810,10016,858
16, 2451,927
61,10215,276
406,156101,539
3,081381
1,278105
784117
1,019159
4,491449
8,4601,474
6049484346414545375440514252
7.1
5456
26,17610,11416,062
17,5111,929
74,98114,996
495,19299,038
3,290382
1,311105
875116
1,104161
5,137451
10, 2341,478
5750495150425353566549614759
6.3
5553
27,55411, 21116,343
20,1591,929
61,05615, 264
405, 660101,415
3,201381
105
826116
1,055160
6,277451
14, 5921,478
6768
a 59«64« 63«64«62a 62«66
786078
«60
5.3
5553
35,36515,57419,791
EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENTFactory, unadjusted (F.R.B.).. 1923-25=100.
Cement, clay, and glass 1923-25=100.Cement ___ 1923-25=100.Clay products 1923-25=1CO_.Glass 1923-25=100..
Chemicals and products 1923-25=100..Chemicals and drugs 1923-25=100..Petroleum refining 1923-25=100..
Food products ...1923-25=100..Iron and steel 1923-25=100..Leather and products 1923-25=100..
Boots and shoes 1923-25=100..Leather 1923-25=100..
Lumber and products 1923-25=100..Machinery 1923-25=100..Metals, nonferrous 1923-25=100..Paper and printing 1923-25=100..Rubber products 1923-25=100..
Auto tires and tubes. 1923-25=100..Boots and shoes 1923-25=100..
Textiles and products 1923-25=100..Fabrics 1923-25=100..Wearing apparel—, 1923-25=100..
Tobacco manufactures 1923-25=100..Transportation equipment 1923-25= 100..
Automobiles 1923-25=100..Car building and repairing. .1923-25= 100..Shipbuilding _ . . 1923-25=100..
Factory, adjusted (F.B.B,) 1923-25=100..Cement, clay, and glass.. 1923-25=100..
Cement 1923-25=100..Clay products 1923-25=100..Glass 1923-25=100..
Chemicals and products 1923-25=100..Chemicals and drugs 1923-25=100..Petroleum refining 1923-25=100..
60.043.738.435.363.278.980.876.880.253.276.477.870.935.344.547.979.460.266.640.873.075.766.164.243.747.839.753.460.642.637.634.262.380.382.176.9
61.347.042.742.657.978.380.678.281.057.272.774.465.438.654.451.483.866.069.156.962.062.361.367.352.459.744.281.462.145.841.941.157.179.781.978.4
59.145.042.839.656.974.278.078.180.954.870.572.761.637.851.348.682.067.070.357.157.258.254.769.050.859.641.678.560.043.440.938.055.576.479.677.4
57.243.441.938.753.672.375.677.479.351.471.674.261.336.348.445.480.565.069.451.953.956.447.568.449.257.940.771.458.343.139.837.655.974.778.275.7
58.642.139.238.051.872.275.775.880.750.476.179.462.636.446.445.879.363.666.355.262. 363.858.468.345.150.838.766.958.840.536.436.451.174.077.674.4
61.543.443.338.553.474.076.976.683.851.778.081.165.037.745.946.680.960.263.350.771.972.670.369.943.144.340.164.560.341.941.137.351.673.777.075.2
62.044.944.339.456.075.179.474.685.053.379.081.767.939.045.847.182.360.562.953.375.776.274.471.941.337.342.163.461.143.842.638.854.474.978.674.7
60.944.642.439.057.075.580.174.382.953.672.773.469.638.146.048.482.261.262.756.673.175.267.872.743.340.543.462.461.244.341.839.056.075.278.675.0
59.641.434.036.156.275.479.675.481.552.170.070.368.636.646.046.881.661.862.260.371.174.163.468.844.845.242.762.460.642.635.337.157.775.278.376.3
58.136.731.030.452.276.280.275.078.649.673.374.668.133.844.044.480.259.161.352.769.672.861.760.446.150.441.360.959.439.434.032.855.776.479.776.4
59.237.830.731.454.477.380.575.778.451.877.379.269.633.444.445.380.159.462.550.472.373.769.063.445.149.640.657.159.439.933.833.456.076.478.976.7
56.738.131.031.255.678.280.175.876.949.176.678.867.831.842.842.378.757.060.446.467.768.166.757.642.543.940.354.156.638.933.132.155.375.679.176.6
57.840.536.732.558.682.478.875.978.250.675.077.763.932.843.144.478.457.160.646.769.7
56.341.444.438.549.857.740.237.332.257.877.678.175. 9
* New series. For earlier data see p. 20 of the December 1932 issue. »Revised.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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28 SUEVEY OF CURRENT BUSINESS July 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1932
May June July August j S«gem- October Novem-ber
Decem-ber
1933
January Febru-ary March April
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
Factory, adjusted (F.R.B.)—ContinuedFood products— 1923-25=100..Iron and steel - 1923-25=100..Leather and manufactures 1923-25=100..
Boots and shoes. .1923-25=100..Leather _ 1923-25=100..
Lumber and products 1923-25=100..Machinery 1923-25=100-Metals, nonferrous 1923-25=100..Paper and printing 1923-25=100..Rubber products 1923-25=100..
Auto tires and tubes 1923-25=100..Boots and shoes 1923-25=100-
Textiles and products 1923-25=100-Fabrics.. _ 1923-25=100..Wearing apparel 1923-25=100-
Tobacco manufactures— 1923-25=100-Transportation equipment 1923-25=100 _.
Automobiles- 1923-25=100-Car building and repairing- _ 1923-25=100-Shipbuilding 1923-25=100-
Factory, by cities and States:Cities:
Baltimore* 1929-31 = 100-Chicago* .1925-27=100-Cleveland Jan. 1921 = 100-Detroit .1923-25=100..Milwaukee* 1925-27=100-New York 1925-27=100-Philadelphia 1923-25=100-
States:Delaware 1923-25=100-Illinois 1925-27=100..Iowa__ ...1923=100..Massachusetts * 1925-27=100-Maryland* 1929-31=100..New Jersey 1923-25=100..New York 1925-27=100..Ohio 1926=100..Pennsylvania 1923-25=100..Wisconsin 1925-27=100..
Nonmanufacturing (Dept. of Labor):Mining:
Anthrac i te . . . 1929=100..Bituminous coal.. 1929=100..Metalliferous 1929=100..Petroleum, crude product ion. . . 1929=100..Quarrying and nonmetallic 1929=100..
Public utilities:Electric railroads 1929=100..Power, light, and water. 1929=100..Telephone and telegraph __ 1929=100..
Trade:Retail 1929=100..Wholesale 1929=100..
Miscellaneous:Banks, brokerage houses, etc.*~1929=100-Canning and preserving 1929=100..Dyeing and cleaning* 1929=100.Hotels .1929=100.Laundries*. . . -___ 1929= 100-.
Miscellaneous data:Construction employment, Ohio. .1926=100-Farm employees, hired, average per farm
number .Federal and State highway employment,
total* number-Construction* number-Maintenance* number-
Federal civilian employees:United States* _ number.
Washington _ number-Railroad employees, class I .thousands.Trade-union members employed:
All trades percent of total-Building trades* percent of total.Metal trades*. percent of total.Printing trades* percent of total-All other trades*.. percent of total-
On full time, all trades. . .percent of total.
LABOR CONDITIONS
Factory operations, proportion of full timeworked, total .percent. .
Chemicals and products percent-Food products percent-Leather and products percent-Lumber and products. percent.Metal products:
Iron and steel percent-Other percent-
Paper and printing.. percent-Stone, clay, and glass percent-Textile products _ percent-Tobacco products percent-Transportation equipment percent.
Automobiles percent-Hours of work per week in factories:*
Actual, avg. per wage earner hours. .
82.652.579.781.472.635.744.247.479.959.765.342.973.475.967.465.441.943.839.452.1
63.651.168.852.561.058.465.3
73.153.686.4
57.757.165.358.163.3
43.261.230.056.943.4
69.176.970.1
77.074.0
96.445.582.071.973.5
25.3
37.4
83.256.575.877.967.039.054.150.884.365.867.759.962.462.462.568.450.254.743.979.4
72.555.969.769.659.357.266.7
72.657.292.854.572.562.457.665.161.463.9
66.962.638.354.550.6
76.984.080.6
80.977.9
98.240.584.580.181.4
.93
259, 615129,842129, 773
612,83369,3751,082
8493947976
7176878385798275
33.9
81.154.874.376.963.437.951.048.782.867.068.961.158.558.758.169.450.058.041.377.6
69.055.468.672.257.454.365.5
71.556.691.751.768.161.555.664.359.762.4
53.060.532.254.249.5
76.583.279.9
79.477.0
98.155.585.178.081.0
36.3
280,636151,617129,019
613,94168,7931,047
683858827947
92947975
7075868185808176
32.7
79.452.171.974.162.436.148.346.081.464.668.154.356.958.652.970.249.358.140.473.0
65.351.066.063.453.551.061.8
69.852.391.248.466.058.952.462.457.162.4
44.558.629.555.449.5
75.682.379.1
74.676.6
98.573.082.478.480.3
37.8
1.09
305,372175,254130,118
608,70367,5521,022
663655797745
8292948071
6773848084807970
32.1
81.050.674.076.762.935.746.446.480.462.764.457.264.866.161.568.344.849.838.670.7
65.453.066.729.253.755.362.5
68.153.591.554.466.557.554.459.358.560.2
49.259.428.657.451.1
74.181.578.1
72.676.4
98.799.079.577.678.9
37.9
1.01
333,403182, 201151, 202
611,01067, 259
996
673655787846
8390948474
6773837988797870
32,2
81.851.374.977.365.036.646.047.281.158.661.649.472.273.668.667.942.843.040.069.2
66.653.465.137.455.459.666.0
72.154.594.059.768.959.857.860.360.661.1
55.862.429.356.252.4
73.581.077.4
77.877.1
98.6125.383.377.078.6
40.8
1.09
374,405219, 277155,128
610,94867,0701,010
683554808046
8591958778
6878867993787869
34.9
81.353.276.178.167.937.646.147.882.060.764.051.074.375.571.268.341.437.341.967.6
67.153.365.242.055.461.6
70.954.495.162.171.060.159.561.462.460.5
63.967.030.556.852.4
72.379.976.2
81.377.8
98.781.182.375.477.5
35.7
373, 246214,427158,819
608,48866,9741,033
8691958679
7380878094798173
36.5
80.753.873.274.169.137.346.648.981.163.767.053.672.373.968.968.645.645.643.665.0
64.751.865.639.355.759.568.4
71.653.593.559.069.959.458.961.561.860.1
62.769.431.956.549.4
71.879.175.5
81.777.6
98.250.578.074.376.2
30.4
.77
371, 667210,939160,728
607,90466,3881,013
8590948076
7080867892808276
36.5
80.052.872.072.968.336.846.447.480.263.265.456.370.472.964.067.747.451.642.8 j62.4
64.949.866.648.054.457.965.5
73.551.792.656.869.459.257.160.760.058.8
62.370.033.357.242.3
71.478.474.8
95.277.0
98.033.775.273.275.9
24.8
.72
290,465150,479139,986
600,94366,302
857890828480
35.4
79.650.672.974.466.935.044.544.879.659.762.651.269.272.261.564.947.453.342.059.1
61.249.266.628.853.755.863.5
73.450.785.655.865.456.355.460.657.757.3
52.569.832.457.235.1
70.677.774.6
76.9
75.3
97.634.173.073.875.4
23.9
266,443115,404151,039
599,99066,800
960
653053807845
8489948673
7078868589808785
34.9
79.251.475.677.567.534.444.244.479.959.162.349.670.472.266.164.145.048.941.154.1
63.549.766.849.254.158.063.1
74.352.188. 257.967.557.456.361.558.658.8
58.769.331.557.034.8
70.477.473.9
73.474.1
97.035.170.973.874.4
21.3
255, 256114,567140, 689
600,31166,802
956
662950787946
8590939077
7277888390798682
35.2
78.448.375.778.066.232.542.241.078.556.659.747.365.466.961.957.841.741.940.550.9
60.548.261.741.854.356.360.8
71.550.883.253.964.355.153.757.254.558.6
54.667.630.056.535.1
76.973.2
71.473.1
33.271.272.473.0
20.1
.79
279, 213133, 595145, 618
603,81867, 557
934
662851787844
8489928877
7073878387788376
32.2
81.250.076.479.364.433.342.643.478.856.759.647.968.569.266.857.540.141.5
"38.347.0
64.349.365.350.0
a57.557.861.4
69.651.783.764.167.555. 055.360.555.160.8
51.663.729.456.839.3
69.576.972.3
78.673.3
96.349.281.171.973.4
22.1
.86
299,882162, 816137, 066
605, 55467,063
672951788046
9294
82
7376
8490
9090
33.8
* New series. For earlier data see p. 20 of the October 1932 issue (hours of work) and p. 18 of the December 1932 issue and pp. 19 and 20 of the June 1933 issue(employment).
a Revised.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
![Page 31: Survey of Current Business July 1933 - FRASER...of Labor estimates the number of unemployed in June at over eleven and a half million. Available indexes of consumer purchasing indicate](https://reader034.vdocument.in/reader034/viewer/2022050310/5f71dd9db1cf5a041f318508/html5/thumbnails/31.jpg)
July 1933 SURVEY OF CURRENT BUSINESS 29
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1932
May- June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
EMPLOYMENT CONDITIONS AND WAGES—Continued
LABOR CONDITIONS—Continued
Labor disputes: tDisputes _ _ _.number..Man-days lost „ number..Workers involved - number__
Labor turnover (quarterly) :*Accessions percent of no. on pay roll—Separations:
Discharged percent of no. on pay roll .Laid-on* percent of no. on pay rollVoluntary quits
percent of no on pay roll
PAY ROLLS
Factory, unadjusted (F.R.B.)—.1923-25=100..Cement, clay, and glass.. 1923-25=100—
Cement 1923-25=100 _Clay products. . . . 1923-25=100..Glass - - 1923-25=100 .
Chemicals and products.. 1923-25=100—Chemicals and drugs 1923-25= 100..Petroleum refining . 1923-25=100 _.
Food products 1923-25=100..Iron and steel 1923-25=100—Leather and products 1923-25=100
B oots and shoes 1923-25=100. .Leather . . . 1923-25=100..
Lumber and products 1923-25=100.-Machinery 1923-25=100-Metals, nonferrous 1923-25=100 _Paper and printing .1923-25=100..Rubber products . .1923-25=100 _
Auto tires and tubes 1923-25=100..Boots and shoes 1923-25=100-
Textiles and products 1923-25=100—Fabrics 1923-25=100..Wearing apparel 1923-25=100. .
Tobacco manufactures— 1923-25=100..Transportation equipment 1923-25=100..
Automobiles . 1923-25=100..Car building and repairing--1923-25=100..Shipbuilding 1923-25= 100—
Factory by cities:Baltimore* - 1929-31=100 .Chicago* 1925-27=100-Milwaukee * -1925-27=100New York* . . 1925-27=100..Philadelphia * 1923-25=100
Factory, by States:Delaware 1923-25=100-Illinois .1925-27=100Maryland * 1929-31=100—Massachusetts* 1925-27=100. _New Jersey - - .1923-25=100 _New York .1925-27=100Pennsylvania ..1923-25=100..Wisconsin 1925-27=100..
Nonmanufacturing (Department of Labor):Mining:
Anthracite - 1929=100..Bituminous coal 1929=100—Metalliferous . . 1929=100Petroleum, crude production.. .1929=100—Quarrying and nonmetallic 1929=100—
Public utilities:Electric railroads 1929=100Power, light, and water 1929=100..Telephone and telegraph 1929=100..
Trade:Retail 1929=100..Wholesale - 1929=100
Miscellaneous:Banks, brokerage houses, etc.*_-1929=100__Canning and preserving 1929=100—Dyeing and cleaning * . 1929=100Hotels 1929=100..Laundries * 1929=100
WAGES—EARNINGS AND RATES
Factory, weekly earnings (25 industries) :*All wage earners .». dollars -
Male:Skilled and semiskilled.. -dollars-Unskilled . dollars .
Female dollars..All wage earners .__1923=100._
Male:Skilled and semiskilled 1923=100..Unskilled 1923=100
Female . . . 1923=100-Factory, av. hourly earnings (25 industries):
All wage earners * dollarsMale:
Skilled and semiskilled * .dollars-Unskilled * dollars-
Female * . dollars—
42.025.121 215.945 961.962.065.164.829 550 849 256.618.027.434 564.946 249.034.746.850.140 145.535.340 430.640 3
46 929.338 745 647.8
48.331 349 1
45 842 435 640.6
30 026.917 041.623.8
58 269.968.5
59.557 4
83.631.853 951.854 5
16.71
18.9414.4211.0362.8
61.564.764.0
.453
.513
.368
.297
"1,251,455« 49, 777
46.230.230.022.446.266.965.672.572.930.445.744.450.322.235.934.577.048.750.441.641.540.344.048.445.953.537.371.0
53.434.436.448.650.1
49.4o 34.9« 55.0
40.553.244.937.341.3
58.030.723.847.132.3
72.284.282.8
71.169.7
93.236.067.367.070.6
17.17
19.6314.6411.0364.5
63.765.764.0
.510
.570
.409
.334
"943, 338a 24,138
7.80
.4912.92
2.15
42.627.328.519.043.263.261.172.171.426.045.044.347.420.932.332.072.955.159.437.935.837.033.452.240.747.132.967.4
50.533.532.745.649.0
48.534.051.937.751.742.635.738.0
37.427.320.144.830.0
70.280.582.1
68.266.2
90.440.565.863.868.6
16.24
18.3713.8010.7061.0
59.661.962.1
.500
.558
.399
.328
«40"740, 785« 33,216
39.624.425.917.836.960.057.868.968.322.246.246.146.619.028.829.469.145.949.730.832.534.428.651.437.343.429.664.9
46.229.027.642.444.4
45.929.347.834.547.939.432.134.2
34.524.416.944.629.1
66.478.779.6
63.364.7
90.147.560.061.866.3
15.43
17.5913.1610.4258.0
57.159.160.4
.489
.553
.392
.313
«38<*754,423a 27, 717
40.123.925.117.635.960.058.168.267.922.151.752.449.019.327.128.967.441.543.035.742.342.142.649.431.632.728.653.6
45.931.630.145.845.1
44.731.447.739.246.041.233.635.3
41.426.416.542.929.7
63.876.779.1
60.763.2
88.565.656.359.663.9
15.35
• 17. 5113.13
a 10. 6057.7
°56.958.9
«61. 5
.487
.546
.392
.322
«33"566,045
« 7,456
12.55
.4510 78
2.10
42.124.626.318.435.859.858.466.370.823.454.555.252.320.927.030.370.036.435.639.953.151.756.051.027.322.228.952.4
47.232.032.251.351.1
47.932.249.344.449.244.936.037.0
47.030.217.041.930.5
62.574.775.9
64.663.1
87.375.161.059.162.9
16.23
18.5813.9411.7061.0
60.362.667.9
.479
.541
.387
.312
«23«147,059
« 2, 324
43.526.427.020.038.760.761.963.370.926.255.054.656.322.427.732.271.738.938.142.455.655.256.352.629.123.331.453.4
48.731.434.151.654.3
48.032.551.245.649.846.438.739.3
66.737.818.042.530.1
61.574.475.7
67.163.9
86.551.858.858.661.2
16.86
19.2514.3512.2263.4
62.564.470.9
.474
.538
.381
.311
«21« 68,154« 1,896
41.825.724.819.039.560.962.363.167.025.643.840.755.020.927.431.970.238.636.148.349.451.944.252.431.927.633.748.8
46.028.534.348.050.5
46.730.148.942.047.544.236.438.2
51.038.018.742.427.1
61.773.274.3
66.963.3
86.034.452.357.559.1
16.84
19.4014.2011.8663.3
63.063.768.8
.468
.530
.377
.306
«12« 40,492
«997
10. 50
.438.75
1.77
40.923.318.417.537.859.860.562.866.124.242.038.753.918.828.030.169.839.836.752.246.450.139.150.433.832.033.552.4
46.028.331.646.248.6
49.329.148.440.447.542.635.235.0
56.237.718.741.722.1
61.973.273.5
73.662.6
85.725.648.456.658.7
16.37
18.5513.6611.5661.5
60.261.367.1
.467
.527
.380
.305
29240,912
8,790
39.220.216.113.436.060.760.664.664.122.743.741.750.916.326.027.567.035.434.838.044.246.639.238.334.036.330.846.6
42.528.430.244.045.5
46.928.544.738.344.140.131.932.5
43.236.118.139.918.1
60.973.071.7
62.761.7
85.524.846.655.757.9
16.21
18.8313.8910.9760.9
61.162.363.6
.468
.529
.391
.303
«32«109,860
« 6,706
40.020.916.014.337.360.861.164.362.724.750.049.053.916.326.327.465.835.835.736.348.248.447.740.232.132.230.844.2
42.528.630.345.145.9
48.529.645.740.845.340.732.834.0
56.837.217.841.717.4
60.671.6
a 71 .9
58.458.6
84.725.942.455.955.5
16.13
18.6713.9210.9660.6
60.662.563.6
.464
.527
.381
.298
a 45"400,821
« 7, 773
8.50
.3810.14
1.56
36.920.616.413.836.760.459.864.559.822.447.146.250.314.324.025.163.331.131.728.641.340.842.436.029.227.029.940.3
41.425.727.743.742.3
44.427.244.035.941.538.430.032.6
48.830.717.442.517.8
59.471.9
«71.6
55.157.1
84.124.241.053.552.9
14.56
16.5412.279.9354.7
53.755.157.6
.460
.521
.375
.294
49317,289
14, 357
38.622.018.314.239.960.858.463.862.624.445.946.045.415.624.427.462.434.235.230.245.243.049.835.930.632.328.637.4
44.326.434.846.043.5
42.628.245.936.743.140.131.436.4
37.426.616.440.120.2
58.169.467.8
60.456.0
83.333.554.651.754.0
15.39
17.7513.3010.0957.8
57.659.758.5
.460
.522
.373
.299
* New series. For earlier data see p. 20 of the October 1932 issue (weekly earnings and turnover rates) and p. 18 of the December 1932 issue (hourly earnings and Mary-land and Massachusetts and Baltimore pay rolls). Other data are on pp. 19 and 20 of the June 1933 issue.
a Revised.f Data for 1932 revised. Disputes, Feb. 34, March 30, April 44; man-days lost, Jan. 132,873, Feb. 460,701, March 736,982, April 620,866; workers involved, Jan. 4,993, Feb.
31,103, March 13,937, April 21,513.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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30 SURVEY OF CURRENT BUSINESS July 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1932
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
EMPLOYMENT CONDITIONS AND WAGES—Continued
WAGES—EARNINGS AND R A T E S -Oontinued
Factory, weekly earnings, by States:Delaware 1923-25=100..Illinois 1925-27=100 .Massachusetts* 1925-27=100-New Jersey ..1923-25=100._N e w York 1925-27=100 .P e n n s y l v a n i a . . . . 1923-25=100-Wisconsin. 1925-27=100 .
Miscellaneous data:Farm wages, without board
(quarterly) dolls, per monthRailroads, wages _ dolls, per hourRoad-building wages, common labor: #
United States _ dolls, per hourEast North Central dolls, per hour..East South Central dolls, per hour..Middle Atlantic _ _dolls, per hour..Mountain States dolls, per hourNew England . dolls, per hour..Pacific States dolls, per hourSouth Atlantic. dolls, per hour .West North Central dolls, per hour..West South Central dolls, per hour..
Steel industry:U.S. Steel Corporation dolls, per hour..Youngstown district...percent base scale..
72.863.1
"~~83.T74.261.958.5
.33
.39
.20
.35
.43
.32.50.22.34.28
.3894.0
74.866.474.389.678.061.161.3
.605
.32
.36
.19
.36
.44
.34
.47
.20
.28
.25
.38104.5
74.764.673.088.276.660.257.6
27.10.601
.33
.36
.19
.35
.44
.34
.47
.20
.31
.25
.3894.0
72.260.571.285.275.356.651.7
.607
.32
.35
.19
.34
.44
.34
.46
.18
.31
.26
.3894.0
72.061.772.183.875.858.055.0
.599
.32
.36
.19
.34
.43
.33
.47
.18
.31
.26
.3894.0
72.963.274.386.177.759.955.6
26.36.611
.32
.36
.19
.34
.44
.34
.47
.19
.34
.26
.3894.0
74.464.473.286.877.962.559.0
.608
.32
.37
.19
.35
.44
.34
.48
.19
.32
.27
.3894.0
71.659.770.983.875.159.558.7
.615
.32
.37
.20
.34
.44
.34
.48
.20
.32
.26
.3894.0
73.760.570.984.174.759.155.7
23.62.614
.32
.37
.20
.35
.44
.33
.48
.21
.34
.27
.3894.0
70.260.268.382.272.455.753.1
.616
.32
.38
.20
.36
.43
.35
.50
.22
.34
.27
.3894.0
71.761.970.182.772.356.854.1
.631
.32
.39
.20
.35
.44
.33
.51
.21
.35
.28
.3894.0
68.357.466.278.971.655.752.1
22.98.607
.32
.40
.19
.36
.43
.34
.50
.21
.34
.27
.3894.0
67.259.167.482.072.657.653.9
.33
.41
.20
.36
.43
.32
.49
.22
.34
.27
.3894.0
FINANCE
BANKING
Acceptances and commercial paper outstand-ing:
Bankers' acceptances, total.—mills, of dolls._Held by Federal Reserve banks:
For own account. ...mills, of dolls__For foreign correspondents
mills, of dolls..Held by group of accepting banks, total
mills, of dolls „Own bills mills, of dolls..Purchased bills__ mills, of dolls..
Held by others ..mills, of dolls..Commercial paper outstanding
mills, of dolls..Agricultural loans outstanding:
Credit banks, intermediate—mills, of dolls..Land banks, Federal mills, of dolls..Land banks, joint-stock mills, of dolls..
Bank debits, total mills, of dolls—New York City mills, of dolls..Outside New York City mills, of dolls..
Brokers' loans:Reported by New York Stock Exchange
mills, of dolls..Ratio to market value.- percent—
By reporting New York member banksmills, of dolls. .
Federal Reserve banks:Acceptance holdings. (See Acceptances.)Assets, total mills, of dolls-
Reserve bank credit outstandingmills, of dolls..
Bills bought.. mills, of dolls-Bills discounted... mills, of dolls..United States securities..mills, of dolls..
Reserves, total mills, of dolls—Gold reserves.. mills, of dolls..
Liabilities, total mills, of dolls..Deposits, total mills, of dolls..
Member bank reserves...mills, of dolls..Notes in circulation mills, of dolls..
Reserve ratio percent-Federal Reserve member banks:
Deposits:Net demand mills, of dolls—Time mills, of dolls..
Investments.. mills, of dolls..Loans, total mills, of dolls—
On securities mills, of dolls..All other loans. mills, of dolls..
Interest rates and yield on securities:Acceptances, bankers' prime- percent-Bond yields. (See Bonds.)Call loans, renewal percent..Com'l paper, prime (4-6 mos.) percent—Discount rate, N.Y.F.R. Bank percent-Federal land bank loans percent—Intermediate credit bank loans percent—Real estate bonds, long term percent..Stock yields. (See Stocks.)Time loans, 90 days. . percent-
Savings deposits:New York State mills, of dolls..
831,103
38625, 48613,97711, 509
5291.63
635
6,466
2,21820
3021,8903,8073,5206,4662,3942,1673,203
68.0
b 11, 740* 5, 286* 8,632» 9, 753& 4,172*> 5, 549
V2
1.002 - 2 ^' 2 . 50
5.583.10
5,113
787
183
51022528690
111
1161,143
49025,41112,91312,498
1.86
409
5,566
2,09636
4901,5492,9872,7905,5662,2402,1132,57262.1
11,1025,6647,385
11,6314,9076,724
2.504-3H3.005.634.79
5,243
747
36
51820031896
103
1161,139
47027,10314,20212,901
2441.56
342
5,615
2,31067
4401,7842,7772,5785,6152,0281,9822,79557.6
10,9255,5427,491
11,2634,7456,518
H
2.50
«2.505.634.105.50
5,282
705
12
59
563197366
70
100
1171,135
46425, 23912,72812,511
2421.18
332
5,764
2,43943
5381,8412,8362,6355,7642,1582,0522,85956.5
10, 7515,6127,700
10,9964,6316,365
2.08H~2%
2.505.593.58
5,253
681
574198376
55
108
1171,132460
25,21513,45811,756
3321.19
345
5,815
2,33134433
1,8522,9802,7735,8152,2412,1462,81458.9
10,9825,6337,74310, 7964,5126,284
2.00
2.505.583.44
5,243
683
2
57315641464
110
1021,129454
25,93114,16311,767
3801.42
425
5,848
2,23333332
1,8543,0912,8935,8482,3122,2252,75061.1
11, 2295,6408,20110,7064,5216,185
2.002-2J42.505.583.395.25
5,282
3
39
60519940652
113
1,125420
25, 29812,94412,354
3251.39
362
5,905
2,22734328
1,8513,1953,0035,9052,4462,3832,70962.0
11,4615,7098,585
10,4414,3116,130
MrH
1.351H-2K
2.505.583.38
H-1H
5,271
720
32
65526838628
110
951,121
41520,7509,815
10,935
3381.52
353
2,20235
3091,8513,2423,0495,9862,4842,4112,69262.6
11,7455,668
10,4134,2886,125
H
1.001U-1U
2.505.583.355.50
H
5,265
710
4
40
60422438062
81
921,116
40926,78713,96712,820
3471.52
394
6,115
2,14533
2351,8553,3313,1516,1152,5612,5092,739
62.9
11,7585,6568,507
10,2974,3155,982
1.00
2.505.583.256.00
H
5,314
707
2
41
25637038
85
1,112404
24,46612,41312,053
3591.56
454
2,07731
2741,7633,4573,2566,0332,5542,4462,72565.5
11,8995,6488,559
10,1664,2595,907
H-H
1.001M-1H
2.505.583.17
5,317
704
307
30
32520112442
84
871,110
39922,43712,03610,401
«3601.83
418
6,464
2,794336582
1,8663,1262,9526,4642,2362,1413,417
55.3
10,5935,2888,1969,6274,2345,393
H-M
1.001H-1H
2.505.583.105.50
5,269
671
280
45
26115310885
72
1,107395
'22,062•12,454
3111.56
6,610
2,572305426
1,8383,4553,2506,6102,1331,9493,696
59.3
3.32
"3.505.583.10
5,220
697
164
43
40420619986
64
°851,105
390» 22, 624
12, 012» 10, 612
3221.20
512
6,606
2,459171435
1,8373,6333,4166,6062,3802,1323,428
62.6
> 11,127* 5, 346* 8,570»9,660& 4,1556 5,472
1.372-3M«3.00
5.583.10
5,164# Beginning with March 1932, method of computing rates was changed.« Revised.* Estimated for 101 cities on basis of report for 90 cities.
* New series. For earlier data see p. 18 of the December 1932 issue.« Rate changed June 23, 1932, Mar. 3, Apr. 7 and May 26, 1933.• Figures incomplete due to bank holiday.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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July 1933 SUEVEY OF CURRENT BUSINESS 31
Monthly statistics through December 1931, to-gether with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1932
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
FINANCE—Continued
BANKING—Continued
Savings deposits—ContinuedU.S. Postal Savings:
Balance to credit of depositorsthous. of dolls..
Balance on deposit in banksthous. of dolls..
FAILURES
Bank suspensions:Total ..number-Deposit liabilities thous. of dolls.
Commercial failures:Total _ _ .number-
Agents and brokers number-Manufacturers, total number-
Chemicals, drugs, and paints, .number.Foodstuffs and tobacco _ .number-Leather and manufactures number.Lumber number.Metals and machinery number.Printing and engraving number.Stone, clay, and glass number-Textiles number.Miscellaneous.. number-
Traders, total number-Books and paper. number_Chemicals, drugs, and paints, .number_Clothing number.Food and tobacco number-General stores number.H qusehold furnishings number.Miscellaneous number-
Liabilities, total thous. of dolls.Agents and brokers thous. of dolls.Manufacturers, total thous. of dolls.
Chemicals, drugs, and paintsthous. of dolls.
Foodstuffs and tobacco..thous. of dolls..Leather and manufactures
thous. of dolls. .Lumber thous. of dolls..Metals and machinery thous. of dolls. .Printing and engraving._thous. of dolls..Stone, clay, and glass thous. of dolls..Textiles._. thous. of dolls..Miscellaneous thous. of dolls..
Traders, total thous. of dolls..Books and paper thous. of dolls..Chemicals, drugs, and paints
thous. of dolls..Clothing thous. of dolls..Foods and tobacco thous. of dolls..General stores thous. of dolls..Household furnishings.-.thous. of dolls..Miscellaneous thous. of dolls..
LIFE INSURANCE
(Association of Life Insurance Presidents)
Assets, admitted, total f mills, of dolls.Mortgage loans mills, of dolls..
Farm mills, of dolls..Other mills, of dolls.-Bonds and stocks held (book value)
mills, of dolls.-Government ..mills, of dolls..Public utility mills, of dolls..Railroad mills, of dolls..Other mills, of dolls..
Policy loans and premium notesmills, of dolls. .
Insurance written: tPolicies and certificates thousands..
Group thousands..Industrial thousands..Ordinary thousands..
Value, total... .thous. of dolls..Group ...thous. of dolls.-Industrial thous. of dolls..Ordinary thous. of dolls..
Premium collections t thous. of dolls..Annuities thous. of dolls..Group ,-thous. of dolls..Industrial thous. of dolls..Ordinary thous. of dolls.-
(Life Insurance Sales Research Bureau)
Insurance written ordinary total-mills, of dolls..Eastern district mills, of dolls..Far Western district mills, of dolls..Southern district mills, of dolls..Western district mills, of dolls..
Lapse rates 1925-26=100..
1,178,342
1,909161466
1,282
47, 9728,074
19,021
20, 877
1, 03414
762258
645,32022,450
190,138432, 732
4952134955
178
742,645
8234, 370
2,788129672
14512583644415
145231
1,98727
114434511134386381
83, 76418,10030,078
477646
1,3379,9584, 5491,546
2524,0967,2i7
35, 585445
1,3427,7328,8562,1987,7297,283
16, 5926,3321,4684,864
6,1611,3131,6732,665510
2,818
1,08923
833233
759,35349,113
222,956487,284244,93612, 3547,20557,954167, 423
5312305259190
784,821
681,727
151132,661
2,68816461411542284703326113201
1,91015154363505104399370
76,93114, 46225, 637
315483
4915,4942,7031,059700
4,6419,751
36, 835228
1,7565,8697,8921,649
10, 3489,093
16, 6006,3061,4584,848
6,1591,3181,6702,660511
2,862
1,10126
830245
768,23350, 606213 298504,' 329241,95510, 9927,68355,020168, 260
5362325356195137
828,549
740,373
13248,743
2,59618462216581780683819100226
1,79031120386440119323371
87,19015,04237, 229
2,977
7555,9308,1151,270688
5,77511,33134, 920
558
1,3736,4908,2871,8536,8439,516
16, 6396, 2811,4504,831
6,1621,3271,6702,657508
2,878
1,09118
845228
691,364
206, 641447, 739237,88515, 9687,50657,066157, 345
2114751177
847,421
763, 262
8529,513
2,79617764919552874684217117229
1,97029133404573107340384
77,03112, 66627,462
3541,444
2,2223,7015,068699
1,2304, 6148,130
36, 905433
1,7406, 5909,3291,7127,1349,967
16, 6756, 2561,4434,813
6,1791,3441,6692, 655511
2,910
1,02617
774236
668, 77928, 979196, 340443, 460234,16311,9617,98058,635155, 587
4882134751177
858,720
771, 219
6713,508
2,1821415131555205558271975189
1,5282413131738776266327
56,1287,345
22, 310
474
5296,6604,3021,248444
1,3426,381
26, 471314
1,2865,2054,639819
6,0898,119
16,7336,2281, 4344,794
6,1901,3531,6692,653515
2,925
95141681229
639,93761, 018174,156404, 763209, 89110, 2216,798
53, 379139, 493
4381874248161157
870,823
783,921
10220,092
2,2731505421452197056312974197
1,5812212127847998256327
52,8707,857
18, 897
409613
9453,7522,8201,1261,3761,6806,17626,117
265
1,8513,3605,783956
5,6788,224
16,7906,1971,4244,773
6,2061,3661,6712,649520
2,936
1,05929781248
670,03938,868198,053433,118236, 28417,0377,28558,052153, 910
4792004951179
884,297
779,971
43, 319
2,0731324801648156044272767177
1,4612010823342893250329
53, 621
23,918
770456
2424,2772,161626
2,2741,906
11, 20623,095
347
1,4092,8434,217840
5,3978,042
16, 8306,1681, 4154,753
6,2241,3781,6742,649523
2,941
1,02823747258
671, 24236, 262184,882450, 098223,84212, 2827,063
51, 048153,449
4992214753179
900,796
792,725
16170,914
2,4691696141467177863331892232
1,68617151334461123250350
64,1899,721
24, 577
4841,061
3,8142,5271,3541,4543,14210,17229,890
272
1,5144,3129,1012,0584,6927,941
16,9176,1361,4024,734
6,2311,4001,6702,639522
2,948
99043
741,92067,810154,864519, 246335, 64228, 7528,644
116,838181, 408
5382335158196146
942, 519
797,169
241135,020
2,9191725651760186268402275
2032,182
29160507495169412410
79,10111,43330,747
287797
2,3104,2553,326923
1,0074,38513,45736,921
334
1,8066,2245,8053,6009,2499,093
16,9666,1101,3944,716
6,2381,4061, 6712,638523
2,967
923
227614, 43122, 546168,312423, 573242, 25117,6129,235
59, 243156,161
4812174448172
1,006,185
'852,986
14872,870
2,378157500
1543175559272243
2191,721
9121361450107355318
65, 5769,157
24, 363
5,5991,170
3453,3422,464
3741,4821,1208,467
32,05672
1,3765,0517,9873,0407,3247,206
16, 9846,0771,3824,695
6,2591,4271,6722,637523
2,997
93414
681239
609, 72516,842168,400424, 483229, 59017, 2837,57151,997152, 739
4742114651166
1,112,71
935, 987
1,948150462
947184551272264
1791,336
1186
230351
29448, 5007,713
17, 583
7391,233
3222,5392,766
461671
1,4637, 389
23, 20490
1,2773,5764,6191,6086,3785,656
16, 9816,0331,3684,665
6,2661,4471,6702,631518
2,975
1,04712
776259
640,41417, 345
187, 761435, 308229,16014, 5458,71850,448155, 449
4622094548160132
1,157,652
972,457
1,921147422
1,352
51,0986,40718,737
25,954
17, 0206,0021,3574,645
6,2751,4651,6662,627517
2,987
99614
747235
628, 77821,711
183,462423,605227,10213,9066,878
48, 519157, 799
2064753
158
a Revised.t Revised series. For earlier data see pp. 18, 19 and 20 of this issue (insurance written and admitted assets); and p. 18 of the June 1933 issue (premium collections).
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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32 SURVEY OF CURRENT BUSINESS July 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1932
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
FINANCE—Continued
MONETARY STATISTICSForeign exchange rates:
Argentina .dolls, per gold peso..Belgium dolls, per belga..Brazil dolls, per milreis..Canada .dolls, per Canadian doll..Chile dolls, per peso..England dolls, per £..France... dolls, per franc.Germany dolls, per reichsmark__India dolls, per rupee.-Italy dolls, per lira..Japan dolls, per yen..Netherlands.. dolls, per florin-Spain dolls, per peseta..Sweden dolls, per krona..Uruguay dolls, per peso..
Gold and money:Gold:
Monetary stocks, U.S mills, of dolls..Movement, foreign:
Net release from earmark_thous. of dolls..Exports thous. of dolls..Imports thous. of dolls..Net gold imports, including gold released
from earmark#* thous. of dolls..Production, Kand__ fine ounces..Receipts at mint, domestic fine ounces..
Money in circulation, total...mills, of dolls..Silver:
Exports thous. of dolls..Imports thous. of dolls..Price at New York dolls, per fine oz_.Production, estimated, world (85 percent of
total) thous. of fine oz..Canada ..thous. of fine oz_.Mexico _._thous. of fine oz_.United States thous. of fine oz..
Stocks, end of month:United States thous. of fine oz_.Canada thous. of fine oz._NET CORPORATION PROFITS
(Quarterly)Profits, total mills, of dolls..
Industrial and mercantile,total ..mills, of dolls..
Autos, parts and accessories-mills, of dolls..Foods mills, of dolls..Metals and mining mills, of dolls..Machinery mills, of dolls. _Oil.. mills, of dolls..Steel and railroad equip-
ment mills, of dolls..Miscellaneous mills, of dolls._
Public utilities.-. ..mills, of dolls._Railroads, class I mills, of dolls._Telephones .mills, of dolls..
PUBLIC FINANCE (FEDERAL)Debt, gross, end of month mills, of dolls..Expenditures, chargeable to ordinary
receipts thous. of dolls..Receipts, ordinary, total thous. of dolls. _
Customs thous. of dolls..Internal revenue, total thous. of dolls..
Income tax thous. of dolls..CAPITAL ISSUES
Total, all issues (Commercial and FinancialChronicle) thous. of dolls..
Domestic, total thous. of dolls..Foreign, total thous. of dolls. _Corporate, total thous. of dolls. .
Industrial._ thous. of dolls..Investment trusts thous. of dolls._Land, buildings, etc thous. of dolls..
Long-term issues thous. of dolls..Apartments and hotels.thous. of dolls..Office and commercial.thous. of dolls..
Public utilities thous. of dolls. .Railroads thous. of dolls..Miscellaneous thous. of dolls..
Farm loan bank issues thous. of dolls..Municipal, States, etc ._thous. of dolls..Purpose of issue:
New capital, total thous. of dolls. _Domestic, total . . . . . thous . of dolls..
Corporate thous. of dolls. _Farm loan bank issues.thous. of dolls._Municipal, State, etc.-thous. of dolls..
Foreign thous. of dolls..Refunding, total thous. of dolls. _
Corporate thous. of dolls..Type of security, all issues:
Bonds and notes, total thous. of dolls..Corporate thous. of dolls..
Stocks thous. of dolls..State and municipals (Bond Buyer):
Permanent (long term) thous. of dolls. .Temporary (short term) thous. of dolls..
° Revised.
0.679.163.076.876.0633.93.046.274.296.061.240.470.100.202.532
4,313
22,11422,924
1,785
975944,000114,017
5,876
2355,275.341
10, 0421,0145,5001,900
10, 3971,707
21, 853
270,053167,15220, 515114,75415,688
59, 64359, 643
015, 6349,043
00000
6, 591000
44,009
43,80243,8023, 584
040, 218
015, 84112,050
56, 55912, 5503,084
48, 375104,161
0.583.140.071.884.0603.68.040.238.273.052.320.406.081.187.475
4,273
-22,150212, 22916,715
-217, 664965, 644100, 7635,456
1,8651,547.278
11,3111,2276,4831,884
6,4461,983
19, 037
447, 61991, 63518,00460,01322,324
123, 645123, 645
022, 231
000000
22,0310
20015,00086,414
91,99391,9937,231
084, 762
031, 65215, 000
123, 64522, 231
0
85, 39645, 386
0.585.139.075.867.0603.65.039.237.272.051.303.404.083.187.472
3,955
-28, 797226,11720, 070
-234,844959,011104, 7705,530
1,2681,401.275
9,614933
4,7142,307
5,8211,626
170.0
dO. 3dl.424.0dl.
0.586.139.076.871.0603.55.039.237.267.051.275.403.081.182.476
3,942
56, 23723,47420,037
52,800980,160123,4165, 752
.267
11,9271,9546,6111,824
4,6221,645
d 1.210.6
d32.11.766.045.259.1
19, 487
443, 210244, 08917, 373206,994160,502
147, 683147, 683
029, 340
00
1258000
19,8889,327
030,00088, 343
83, 42083, 4204,110
079,311
064,26225, 231
147,68329, 340
0
85, 588124, 685
19, 612
347,889100, 65218,87661,68617,457
155, 557155, 557
0111,8711,000
00000
110, 5290
34216, 00027,687
105, 336105, 33662,84216,00026, 494
050, 22149,029
154, 557110, 8711,000
30, 36246, 032
0.586.139.076.876.0603.48.039.238.262.051.245.402.081.179.474
4,030
100, 50118,06724,170
106,614991,000143, 0885,720
4331,554.280
10,9241,4915,9072,170
4,9231,642
20,067
257, 084111,13324,11679,94015,083
169,482167,4822,000
133, 39560000000
99,99926, 4506,346
034, 088
61, 64559, 64526, 281
033, 3642,000
107, 838107,114
164, 683131, 5951,800
47, 56874, 368
0.586.139.076.903.0603.47.039.238.262.051.236.402.081.178.474
4,140
72, 28960
27,957
100,186961, 501145,8285,685
2,052.279
11,3601,5006,5941,778
5,0121,916
183.3
<f 21.1d20.4
18.1d2.5d l . 4
7.5
d32.810.463.089.651.8
20, 611
265,725259,95825, 935216,481142, 203
138, 60778, 60760, 00010,882
00
70070000
9,7320
4504,00063, 725
89,97169,9716,5504,00059,42120,00048,6364,332
138,25710, 532
350
82, 73781, 688
0.586.139.076.912.0603.40.039.238.257.051.231.402.082.175.474
4,226
45, 77461
20, 674
66, 387974,965171, 2205,643
1,3161,305.272
11,3341,8536,0671, 918
6,0351, 701
20,813
373, 209148,00424, 74489,85013,063
124,062120,0474,01567,4896,966
00000
60, 52300
9,10043, 458
100,02096, 00548,4749,10038, 4314,015
24, 04219, 015
120, 77064,1983,291
67,17828,928
0.586.139.076.873.0603.28.039.238.248.051.206.402.082.174.473
4,292
48, 56616
21, 756
70,306978,000163, 5455,643
8751,494.267
10,4931,0925,9022,052
5,8011,785
20, 806
246,159124,50734,05185,48414,328
76,40076,400
041, 591
7631,20022022000
37, 6081,800
05,00029,809
44,80144, 80110, 6335,00029,168
031, 59930,958
74,48739, 678
1,913
47, 72640, 589
0.586.139.076.866.0603.28.039.238.248.051.207.402.082.179.473
4,429
A 71 , 02313
100,872
'171,872980, 000141, 598
5,699
1,2601,203.250
1, 0054,2211,627
5,9311,651
209.5
d37.9d30.9
18.9
d3 .9dO. 2
dSO.l14.462.0
130.854.6
20,806
762, 406351,69519, 929
210,995141,033
157,920157,920
028,8448,766
060020000
3,12415, 0001,355
13, 000116, 076
122,713122,71310, 39913,00099,315
035, 20718, 446
153, 20924,1334,711
165,167145, 590
0.586.139.076.875.0603.36.039.238.254.051.207.402.082.183.473
4,547
-91,49414
128, 465
" 36, 957967,000115,1885,631
1, 5511,763.254
11,6741,0077,1591,960
5,4441,559
0.586.140.076.835.0603.42.039.238.258.051.208.403.082.183.473
4,491
*-178,28521,521
° 30, 397
'-169,409883,00089,0165,892
194°855.261
9,6581,0195, 5471,603
5,4321,640
20,802
247, 785134,04418,35286,80517,889
109,963109,963
064,5177,592
00000
44,92512, 000
09,50035,946
64,61064, 61022,1579,50032,953
045, 35342, 360
106, 71361, 2673,250
85, 930105,173
20,935
213,091121,31216,44290, 71527,713
56,51356,513
037,555
00
90090000
41436, 241
01,400
17, 558
19,63619, 6361,3141,40016,922
036,87736,241
56, 51337, 555
0
64,95177, 389
0.583.140.076.835.0603.43.039.239.258.051.213.404.084.182.474
4,260
-100,09228,123
« 14,948
-113,287946,000187, 694187, 694
269o 1,693
2.79
11, 6561,3096,4362,574
7,0601,859
123.8
<*18.6
17.8a 1.6' 1 . 6
d15.0
<*30.717.167.633.941.4
21,362
282,368283, 28617, 444
242,464176, 259
19,09419.094
05,4183,270
00000
2,148000
13,677
16, 26516, 2653,170
013.095
02,8292,248
13, 6775,4185,418
« 45, 573« 92, 719
0.605.145.076.847.0603.58.041.244.269.054.221.420.089.188.478
4,301
33, 70116,7416,769
23, 729895, 000120,4616,137
1,520.307
9,001,0154,6281,907
8,2611,831
21,441
352,464130, 55217,40089,06219,500
45,38843,788
1,60035, 5412,660
00000
28,1044,778
00
9,847
24,92824,92817,335
07,593
020,46018, 207
44,45334, 607
935
58, 579172,948
i Or exports (—).•New series superseding old series which covered the physical movement only. For earlier data see p. 20 of December 1932 issue.* Allowance has been made for gold earmarked at Bank of England for the account of the Federal Reserve Bank of New York.» Differs from Federal Reserve Board figure, since $8,900,000 declared for export on Feb. 28 was not actually taken from Federal Reserve Bank of New York until Mar 1
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
![Page 35: Survey of Current Business July 1933 - FRASER...of Labor estimates the number of unemployed in June at over eleven and a half million. Available indexes of consumer purchasing indicate](https://reader034.vdocument.in/reader034/viewer/2022050310/5f71dd9db1cf5a041f318508/html5/thumbnails/35.jpg)
July 1933 SURVEY OF CUEEENT BUSINESS 33
Monthly statistics through December 1931, to-gether with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1933
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
FINANCE—Continued
SECURITY MARKETS
Prices: B o n d s
All listed bonds, avg. price (N.Y.S.E.)dollars..
Domestic issues - - dollars _Foreign issues dollars..
Domestic (Bow-Jones) (40)percent of par 4% bond—
Industrials (10)—percent of par 4% bond—Public utilities (10)
percent of par 4% bond..Rails, high grade (10)
percent of par 4% bond..Rails, second grade (10)
percent of par 4% bond—BomesticKStandard Statistics) (60).dollars..U.S.Government (Standard Statistics) *
dollars __Foreign (N Y Trust) (40) percent of par
Sales on New York Stock Exchange:Total thous of dolls, par value
Liberty-Treas___thous. of dolls, par value.-Value, issues listed on N.Y.S.E.:
Par, all issues mills, of dolls.Domestic issues... mills, of dolls..Foreign issues mills, of dolls _
Market value, all issues mills, of dolls..Domestic issues mills, of dolls..Foreign issues - mills, of dolls..
Yields:Domestic t (Standard Statistics) (60).percent-
Industrials (15) __ percent—Municipals (15) t --.percent..Public utilities (15) ..percent-Railroads (15) percent-
Domestic, municipals (Bond Buyer) (20)percent-
Domestic, U.S. Government:Treasury bonds (3 long term) percent—Treasury notes and certificates (3-6 months)
percent __Cash Dividend and Interest Payments
and RatesTotal (Journal of Commerce)...thous. of dolls..
Dividend payments _ _ thous. of dolls..Industrial and miscellaneous
thous. of dolls..Railroads, steam thous. of dolls..Railways, street - _ thous. of dolls .
Interest payments thous. of dollsDividend payments (N. Y. Times)
thous. of dolls..Industrial and miscellaneous.thous. of dolls..Railroad thous of dolls
Dividend payments and rates (Moody's):Dividend payments, annual payments at
current rate (600 companies).mills, of dolls.Number of shares, adjusted millions..Dividend rate per share, weighted average
(600) _ dollarsBanks (21) dollars-Industrials (492) _ . dollarsInsurance (21) dollars. _Public utilities (30) dollars—Railroads (36).. dollars
Prices: StocksDow-Jones:
Industrials (30) dolls, per sharePublic utilities (20) dolls, per share-Railroads (20) dolls, per share-
New York Times (50) dolls, per share..Industrials (25) dolls, per share._Railroads (25) dolls, per share..
Standard Statistics (421) . 1926=100..Industrials (351) 1926=100Public utilities (37) 1926=100Railroads (33) 1926=100
Standard Statistics:Banks, N.Y. (20).— -1926=100..Fire insurance (20) 1926=100..
Sales, N.Y.S.E thous. of sharesValue, and shares listed, N.Y.S.E.:
Market value all listed shares-mills, of dolls..Number of shares listed .millions.
Yields:Common, Standard Statistics (90) „percent..
Industrials (50) percent..Public utilities (20)— percent-Railroads (20) percent—
Preferred, Standard Statistics:Industrials, high grade (20) percent—
Stockholders (Common Stock)American Tel. & Tel. Co., total number
Foreign numberPennsylvania Railroad Co., total, number
Foreign _ numberU.S. Steel Corporation, total number
Foreign numberShares held by brokers percent of total—
80.7984.7365.31
50.6451.57
69.09
80.35
30.6082.0
102.91
350, 62638,367
40,84432, 5538,291
32,99827, 5835,415
5.786.945.275.265.63
5.35
3.48
.29
428,449153,884
146,0001,4252,674
274, 565
218, 591199,362
19, 229
976.0923.36
1.064.32
721 662.19
.86
81 627! 737.6
74.59118 4030.7962.965.379. 237! 5
53.150.4
104, 229
32,4731,294
3.993.675.183.59
6.78
70.6273.5765.40
43.0838.14
63.88
69.69
27.3076.0
100.0941.71
258,44186,816
52 19333,30718,88636,85724, 50412, 352
6.348.354.775.656.57
4.94
3.77
.31
^473,900«204,900
-168,500«17,200«5,800
269,000
271,120257, 574
13 546
1, 367.1924. 68
1.485.431.092 772.681.37
53.322.418.3
46.0677.9614.1639.838.167.817.4
46.628.3
23,151
16,1411,320
9.5710.028.08
11.86
7.75
71.7175.6664.78
41.3935.99
60.49
68.78
26.4772.8
99.9944.47
257,18067,049
52,08633,21918,86837, 35325,13212, 222
6.649.174.815.776.83
5.09
3.78
.34
655,011244, 700
180,0009,9005,300
440,311
216, 662187,80128,861
1, 245.9927.05
1.344.791.012.312.421.12
46.918.015.7
40.0267.6512.3934.033.555.014.1
39.425.4
22,998
15, 6331, 315
10.3010.1510.2112. 45
8.38
703, 0807,147
250, 8223,305
190, 9863,08116.03
74.2779.2565.52
42.9836.76
64.73
70.97
27.5275.1
101.3351.72
240,72046,432
51,99133,15218,83938,61526,27212, 343
6.428.674.785.656.60
4.82
3.65
.22
814,400255,400
185, 50012,0004,900
557,000
122, 561113,820
8, 741
1,216.5927.11
1.314.78
.991.952.351.12
46 218.616.1
40.1866.8713.5035.935.855.415. 6
43.226.9
23, 056
20,4951,315
8.858.808.759.91
8.22
77.2783.7065.89
53.3548.08
69.96
79.32
36.6784.3
101.9555.82
333,07625,769
51,86333,14018, 72440,07327, 73612,336
5.576.934.505.225.65
4.55
3.57
.14
392,490143,900
105,9009,0003, 500
248, 590
24S, 113226,892
19, 220
1,163. 6928. 42
1.254.78
.941.872.35
.81
67.529.129.4
61.7098.0725. 3353.351.584.229.2
64.843.4
82, 649
27, 7831,312
5.655.755.744.47
7.11
77.5083.9366.10
55.0152.21
70.10
82.07
36.8887.0
102.4763.47
250, 26524,351
51,78033,11418,66740,13227, 79312,339
5.356.614.395.065.36
4.57
3.54
.03
437,440125,000
103,0007,3003,200
312, 440
156,599154, 009
2, 590
1,148. 9928.67
1 244.78
.931.892.30
.81
72.635.332.3
65.35101. 5822.1358.255.891.434.5
73.547.3
67,424
20, 7351,311
4.915.225.032.51
6.88
705, 5017,348
251, 0413,327
189,9813,14014.27
76.3782.0466.30
49.8649.56
70.95
80.76
29.7985.2
102.5258.00
178, 56220,250
51,74433,10218, 64239, 51827,15812, 360
5.506.914.375.115.63
4.59
3.54
621,654167, 300
140,90010,4004.000
454,354
133,344126,878
6,466
1,146. 7928.12
1.244.78
.921.892.30
.81
83.528.228.3
56.1790.0722.2949.947.780.627.5
66.343.1
29,188
23,4411,312
5.736.085.643.11
7.02
73.9181.3660.72
47.5146.98
69,49
78.19
27.9883.1
102.5753.17
158,90515, 782
51,54332,94218,60038,09526,80111,294
5.687.324.385.145.86
4.65
3.55
438,032130, 500
104,0007,5002,500
307,532
264,189243, 592
20, 597
1,126.8925. 58
1.224.79
.901 892.34
.81
62.127.627.4
57.6392.7122.5647.545.477.625. 5
63.341.7
23, 038
22, 2591,312
5.846.125.873.33
7.19
77.2781.6560.22
44.0544.81
69.79
77.88
24.2082.2
103.1957.51
241,85037,424
41,30532, 8668,438
31,91826,8365,082
5.757.384.375.066.19
4.61
3.48
.04
546,439120,200
102,8005,9002,000
426, 239
205,769190, 508
15, 261
1,119. 7925. 25
1 214.79.89
1.892.31
.81
59 127.126.2
55. 0589.5420. 5847.444.879.625.7
65.841.4
23, 208
22, 7681,312
5.686.005.613.28
7.34
701,0377,507
250,5063,323
190, 8533,15515.21
78.8383.3261.34
46.9447.66
73.66
82.49
25.9584.1
103.7559.83
260,02138,362
41,17332, 7708,403
32,45727,3025,154
5.597.294.234.915.93
4.48
3.39
.07
863,492270,600
225,00010, 5004,100
59? 892
164, 840140,34324,497
1,112.9924. 21
1 204.78
.881.892.31
.86
62.728.028.1
58.6594.8122.5049.146.281.827.6
67.944.0
18,720
23, 0731,303
5.425.785.283.05
7.17
74.8979.0958.45
45.2244.35
71.53
81.92
25.1782.5
103.3654.19
230,08245,387
41,10732,7388,369
30,78525,8934,892
5.737.604.285.115.93
4.92
3.47
.01
387,200145,400
118, 5008,0004,900
241,800
222, 244206,328
15,916
1,070. 3924. 39
1.164.78
.821 782.31
.86
56.123.926.9
52.9984.5521.4344.942.573.126. 7
63.542.5
19,320
19, 7011,296
6.106.366.104.13
7.32
74.5178.5858.59
42.0139.88
64.99
77.23
23.9276.7
101.0953.55
193,18155,176
41,00632, 6668,340
30, 55425, 6684,887
6.258.144.885.546.45
5.24
3.58
1.34
430,351140,000
117, 50011,3003,300
290,351
162,468158,000
4,468
1, 024.9922. 56
1.114.36
.781.762.25.86
57 621.827.4
53.1785.0721.2743.241.667.025.6
49.238.1
20,089
19,9151,293
6.306.256.825.22
7.52
700, 2127, 554
248,6883,310
193] 1403 19216.07
76.5780.0762.86
41.3542.32
64.62
73.62
22.7175.4
102.0055. 52
269, 58561,000
40,94832, 6248,324
31,35426,1215,233
6.388.275.055.636.56
5.69
3.55
.45
561, 279136,850
100,30011,5002,600
424, 429
130,607124,823
5,784
1,006. 2923.32
1.094.32
.771.662.19
.86
65 021.627.4
60.0997.2022.9747.548.863.526.3
47.237.8
52,901
26, 8151,294
5.585.246.835.12
7.32
»Revised t Revised series. For earlier data see p. 19 of the April 1933 issue. * New series. See p. 20 of the June 1933 issue for earlier data.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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34 SURVEY OF CURRENT BUSINESS July 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1932
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
FOREIGN TRADE
INDEXESValue:
Exports, unadjusted .1923-25=100.Exports, adjusted for seasonal—1923-25=100.Imports, unadjusted 1923-25=100.Imports, adjusted for seasonal- .1923-25= 100.
Quantity, exports:Total agricultural products 1910-14=100.
Total, excluding cotton 1910-14=100.
VALUE f
Exports, incl. reexports... thous. of dolls.By grand divisions and countries:
Africa .thous. of dolls.Asia and Oceania thous. of dolls.
Japan thous. of dolls.Europe thous. of dolls.
France thous. of dolls.Germany thous. of dolls.Italy - . thous. of dolls.United Kingdom thous. of dolls.
North America, northern. _thous. of dolls.Canada thous. of dolls.
North America, southern, .thous. of dolls.Mexico ...thous. of dolls.
South America thous. of dolls.Argentina thous. of dolls.Brazil thous. of dolls.Chile thous. of dolls.
By economic classes:Exports, domestic thous. of dolls.
Crude materials thous. of dolls.Raw cotton. mills, of dolls.
Foodstuffs, totaL. ___thous. of dolls.Foodstuffs, crude thous. of dolls.Foodstuffs, manuf thous. of dolls.Fruits and preparations..mills, of dolls.Meats and fats mills, of dolls.Wheat and flour ...mills, of dolls.
Manufactures, semi .thous. of dolls.Manufactures, finished thous. of dolls.
Autos and parts mills, of dolls.Gasoline mills, of dolls.Machinery mills, of dolls.
Imports, total thous. of dolls.By grand divisions and countries:
Africa thous. of dolls.Asia and Oceania thous. of dolls.
Japan thous. of dolls.Europe thous. of dolls-
France thous. of dolls.Germany ..thous. of dolls.Italy ..thous. of dolls.United Kingdom thous. of dolls.
North America, northern..thous. of dolls.Canada thous. of dolls.
North America, southern__thous. of dolls.Mexico thous. of dolls.
South America thous. of dolls -Argentina thous. of dolls.Brazil thous. of dolls.Chile thous. of dolls.
By economic classes:Crude materials thous. of dolls.Foodstuffs, crude thous. of dolls.Foodstuffs, manufactured—thous. of dolls.Manufactures, semi thous. of dolls.Manufactures, finished thous. of dolls.
303233
«32
7147
"114, 243
2,46220, 6308,267
56, 8838,077
11,4154,558
18, 78716, 73016, 43310, 3643,2747,1752,3501,813
373
111,88334,977
26113,0443,024
10,0203.84.91.0
17, 64446, 218
7.43.79.1
«106,903
1,20831, 7518,462
30,8052,7335,1133,2828,010
15, 40514,80012, 6973,586
15, 0361,3206,958
438
24,92019, 72120, 30318, 33723, 622
35373534
7475
131,899
3,64723, 7307,883
62, 2268, 5219,1273,405
23,12124,34323,96810,3012,4937,6522,7101,885
207
128,55329,849
17.719,9788,617
11,3614.54.55.5
18,24760,479
7.99.9
11.3112,276
1,76730, 6218,813
28,7212,7535,2343,1246,843
18, 21917,14914,6934,209
18,2541,5768,7041,000
28,38720,58216, 57917,23929,489
30343436
6171
114,148
2,41220,9396,635
52, 3068,8387,4992,560
18,39420,86620,4519,8182, 7587,8082,3342,641
197
109,47824, 208
13.418,0426,896
11,1463.74.45.1
14, 69252, 536
6.37.7
10.3110,280
1,65429,4508,542
25,6723,1854,9682,3915,178
18, 28317, 48514,4303,905
20,791983
8,714619
29,61920,00312,79518,46229,402
28322527
6359
106,830
3,20521,1915,707
46,0155,7056,9432,617
16, 77519,33018,9539,5362,6607,5532,7691,787
280
104, 27627,587
15.915,6165, 507
10,1094.34.42.9
14,11946,955
6.25.39.6
79, 421
1,51423,7818,581
21, 5262,2314,4641,9004,279
13,09012, 7209,0781,748
10,432488
4,494222
19,45614, 60011,66111,89421,810
29312829
6460
108, 599
2,50918,8104,927
52,9099,2198,6633,506
18, 63819, 23018,8468,3642, 5216,7782,2531,825
260
106,27029,742
18.117,3175,964
11,3525.44.03.4
12,86846, 343
5.15.69.0
91,102
1,31725,43910, 06826,3353,3895,6982,5025,194
13,53212, 74112,8702,062
11,610598
3,1841,680
22,15013,88515,34015,09124,635
35333132
9066
132,037
2,80922,1807,803
72,62810,25215,7914,774
25,72519,19618,7318,2242,3407,0002,5501,984
220
129, 53847,397
32.120,3815,860
14,5219.64.82.6
15,86945,891
4.95.89.1
98,411
1,25027, 73212,13532,3904,0236,7543,1316,421
13,17212, 50710, 6232,425
13,244804
5,532134
27,26817,32713,94114, 61925, 255
40333332
12698
153,090
3,37425,96710, 71684,81610,18415, 6715,835
32,92020, 77720, 5049,6952,9058,4623,0352,265
245
151,03560, 517
40.025,2198,614
16,60512.25.22.7
16,86748, 433
5.05.3
11.6105,499
1,41228,11010, 50536,8004,5107,1523,9006,789
14, 70113,7719,6241,942
14,8531,0116,383
156
27,20219,44514,05616,71928,076
37323232
12085
138,834
2,60927, 71713,12170,16311,15812, 5344,412
24, 75318, 82418,32610,1253,2089,3962,6353,578
234
136, 40255,326
38.519,8858,610
11, 2757.94.13.5
14, 58946,601
4.45.4
10.2104,468
2,50230,34811,73035,4224,5496,3803,9846,540
13, 78913,0218,6841,819
13,7231,1486,617
260
27,78019,15312,82116, 61528,099
35333030
11667
131, 614
2,86430,17715,60664,42110, 24110,4215,566
21,49113,64513,43710, 4122,907
10,0952,7113,397
348
128,97552,234
39.015,9614,367
11,5944.84.62.1
15, 74245,038
5.14.69.7
97,087
1,94630, 62812,32228,9673,8244,7523,6184,852
11,49311,0069,3342,285
14,7191,6366,114
145
28,73717,64310,51916, 74723,440
32313029
9773
120,630
3,05525,27211,18562, 2188,924
11,7394,443
21,30912,66412,4329,2962,6828,1252,7122,605
294
118,60042,294
29.716,1784,663
11,5154.65.92.0
15,83144,296
6.55.19.2
95,994
2,61631,0907,935
28,2263,1285,2122,9774,371
11,41910, 7449,0792,575
13, 5631,0185,816
271
27,20517,92912,81716,15421,889
27292626
7158
101,530
2,33520,1717,299
51,0997,6538,5634,058
18,73011,70311,5018,0912,1738,1312,7852,682
291
99,43831,848
20.612,8193,2449,575
3.84.51.2
13, 24241,528
6.33.88.5
83,803
1,99024, 2475,686
26,7942,9914,8732,5525,3478,5678,5298,1972,303
14,0081,1777,244
230
21,12917,86412,09713,60619,107
28282926
6759
109,032
2,63222, 6849,634
50,3217,9557,0353,986
17, 64514, 20013, 84110, 6212,9677,5731,8731,912
375
106,31029, 359
18.113,3973,5249,873
3.94.41.3
16,50747,047
6.93.99.4
94,864
1,63128, 7007,527
28,1923,0005,6122,6935,796
10,12310,05511,4903,046
14,6671,2577,056
194
23, 63318,41115,14514, 75122,924
292725
5951
•105,219
3,43117,8236,406
52, 2238,1648,9773,101
18, 23513,41813,15910, 3842,8527,7842, 5352,320
297
103,10628, 621
16.911,3102,5108,800
2.94.01.1
15, 29247,884
7.46.08.8
88,412
1,19827, 0698,055
24,4212,2074,7273,3185,095
11,14011,07811, 6782,517
12,906827
6,105409
21,13416, 55716, 27013,53720,914
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Express Operations
Operating revenue thous. of dolls..
Operating income— thous. of dolls..
Electric Street Railways
Fares, average (320 cities) cents..Passengers carried thousands..
Operating revenues thous. of dolls..
Steam Railroads
Freight carloadings (F.R.B.):Index, unadjusted 1923-25=100—
Coal 1923-25 = 100-Coke 1923-25=100..Forest products 1923-25=100.Grain and products 1923-25 = 100. _Livestock 1923-25=100..Merchandise, l.c.l 1923-25 = 100..Ore 1923-25=100..Miscellaneous 1923-25 = 100..
8,036118
8.225739, 79952,440
7,769122
8.225680, 72348,625
523924245845711056
7,124132
8.235621,00144, 650
514321218445681752
6,775136
8.219614,08145,400
534923218351681853
7,122132
8.229633,11845,114
616431258264721662
7,216130
8.212695,71248,647
7,039134
8.235677,16347,600
7,351124
8.235719, 46450,459
6,603136
8.192679,91047,384 43,656
514427247650658
54
11932 figures include final revisions. For revisions for January through March 1932 see issues of March, April, and May, 1933.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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July 1933 SURVEY OF CURRENT BUSINESS 35
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1932
May- June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION-Continued
Steam Railroads—Continued
Freight carloadings—ContinuedIndex, adjusted 1923-25=100.
Coal 1923-25=100-Coke 1923-25=100.Forest products 1923-25=100.Grain and products.. .__ 1923-25=100.Livestock 1923-25=100.Merchandise, l.c.l 1923-25=100.Ore 1923-25=100.Miscellaneous 1923-25=100.
Total cars 1 thousands.Coal thousands.Coke thousands.Forest products thousands-Grain and products _ thousands.Livestock thousands-Merchandise, l.c.l ..thousands.Ore thousands-Miscellaneous thousands.
Freight-car surplus, total thousands.Box.__ thousands.Coal thousands-
Equipment, mfrs. (See Trans. Equip.)Financial operations (class I roads):
Dividends paid. (See Finance.)Operating revenues... -.thous. of dolls.
Freight thous. of dolls.Passenger _.thous. of dolls.
Operating expenses thous. of dolls.Net operating income thous. of dolls.
Operating results (class I roads):Freight carried 1 mile. -..mills, of tons.Receipts per ton mile cents.Passengers carried 1 mile ..millions.
Waterway TrafficCanals:
Cape Cod... thous. of short tons.New York State thous. of short tons.Panama, total thous. of long tons.
U.S. vessels ..thous. of long tons.St. Lawrence thous. of short tons.Sault Ste. Marie thous. of short tons.Suez thous. of metric tons.Welland thous. of short tons.
Rivers:Allegheny thous. of short tons.Mississippi (Government barges)
thous. of short tons.Monongahela thous. of short tons.Ohio (Pittsburgh to Wheeling)
thous. of short tons.Ocean traffic:
Clearances, vessels in foreign tradethous. of net tons.
Foreign thous. of net tons.United States thous. of net tons.
Shipbuilding. (See Trans. Equip.)
TravelAirplane travel:
Passengers carried* number.Passenger miles flown* thous. of miles.
Hotel business:Average sale per occupied room dollars-Rooms occupied percent of total-
Foreign travel:Arrivals, U.S. citizens number.Departures, U.S. citizens number-Emigrants number-Immigrants number-Passports issued number-
National parks:Visitors -.number-Automobiles number-
Pullman Co.:Passengers carried thousands.Revenues, total - -thous. of dolls.
COMMUNICATIONS
Telephone (class A companies):Operating revenues thous. of dolls.
Station revenues thous. of dolls.Tolls, message thous. of dolls.
Operating expenses thous. of dolls.Operating income thous. of dolls.Stations in service, end of mo thousands.
Telegraphs and cables:Operating revenues thous. of dolls.
Commercial telegraph tolls.thous. of dolls.Operating expenses.. thous. of dolls.Operating income thous. of dolls.
565233289954661457
2,128318
1583
14866
66131
805553281204
245542
1,630783835
3,490
1,109
168
1191,022
576
5,1293,2591,870
2.7151
17, 428
92, 51821,733
54482624765471454
2,088•299
13751176972810778751381297
254, 741194, 27231,330207, 39311,951
19,8701.0861,425
213415
1,677662
«8781,5681,8911,037
145
112654
5,6193,4032,217
45,10511, 701
3.1253
19, 23322,1528,5772,479
30, 442
137, 23633, 578
1,2703,558
88,58360,65720, 75260,00519, 46416,373
8,9146,8678,126
52452722665371
654
1,966267
1267
10160
68214
764773387314
246, 237185,940
32, 633199,33112,653
18, 6681.1041,462
201454
1,405633905
1,9881,8161,065
147
108571
392
5,8193,7362,083
46, 63912, 514
3.1149
18,69028, 3578,3912, 586
29, 273
255,987123,179
1,3003,757
86, 72559,45120, 20358,47719,05716,109
9,1166,9978,002
725
51492421705469
949
2,422361
1373
18572
81631
872764387304
237,813179,910
32, 713191, 752
11, 597
19,0651.0511,613
214376
1,260576822
2,6381,9061,030
109
107562
367
5, 8793,8072,071
53, 75914, 775
3.0945
28, 00659, 29811, 3282,07P
15,967
502, 762133,025
1,2763,608
82,18756, 71018,56657, 29115,99115,815
7,7885,8447,918
"516
515125206857681048
2,06533811621546767628728708377261
252,102194,98731, 385189, 63128,368
20, 0461.0651,556
214528
1,349650938
3,0951,8931,162
148
100601
430
6,1914,0532,138
57, 99515,936
3.2446
54, 07057,8878, 7832,71910,163
488,562125,973
1,3233,475
82, 69055,91119,85756, 97617,04815, 592
8,6386,5457,646602
545932246854691052
2,245414
1469
14881
68124
813599324210
272,473214,599
30, 481189, 377
49, 647
22, 7061.0291,529
215478
1,347638
1,0613,8071,7681,292
127
95697
446
5,9023,7472,155
52,82914, 586
3.1648
60, 25838,3688,8563,1298,039
211, 60157, 226
1,3393, 648
82, 58856,11919,53755,18018,74315,498
8,7286,5347,521
818
576839256552691256
3,158676
2495
174117893
321,148
545314171
298,462244,07426,179
200,14763,839
26,3441.0101,231
235554
1,582723
1,0143,9242,1711,252
170
109796
534
5,3253,3052,020
38, 54811,192
3.1253
28, 05828,8547,7882,3886,133
69,45419,838
1,1583,127
83,04557,09419,09355,39018,96615,379
8,2296,2057,494
349
576640245951681057
2,195491
1964
11176
66612
756622353198
253,575203,14624,859
189, 66734,179
21, 7541.0201,156
224588
1,532682751
2,8772,0211,087
150
113763
494
5,0193,0841,936
30, 6719,102
3.1350
14,87922,1298,0312,0066,007
36, 2907,947
1,0782,902
80, 67956,35617, 57555,44417,06115, 261
7,7065,6977,425
<*104
586945225950692057
2,4876262866132837779
765647376196
246,062188,16430,202188, 20532,857
21,102.9781,380
2240
1,62258751215
2,177147
110
94776
434
4,2992,7011,598
22,8896,913
2.9847
13,25920,4618,0401,8464,838
27,3435,662
1,2483,294
81,90456,50018, 50756,17518,54015,142
8,3526,3347,010888
565640226150692057
1,9104292155106696137
610692381233
226, 555179, 23926,654181,68013, 266
19,986.9951,167
2000
1,46456000
2,2250
81799
465
4,2262,6331,594
24, 3007,854
2.9454
5,742
36,4636,226
1,1583,208
79, 72656,01117,01658, 21514,02415,015
7,3175,5297,117
*194
546545195849662051
1,9584922555101626187
598650368206
211,613168,79023, 585170,8649,855
»19,117.9771,045
1580
1,43562300
1,9830
81
72683
400
4,0502,4601,590
23,0467,633
2.9851
4,945
43,3796,496
9522,784
76,06153,96215, 51255, 55913,10214,902
6,9765,2506,605<*346
505535206945622347
1,8413661859104526248
611681362244
217, 599174, 91621, 886175, 29510, 548
»19, 3571.009997
1920
1,73872400
2,4680
92
79702
357
4,5282,8611, 667
24, 9458,070
2.8045
40, 9695,734
8722,643
78, 92554, 61518,15557, 38714, 25414, 779
8,8276,8417,0551,375
535329229953631752
2,50539717861778280316926619314237
224,877180,21222,920173, 29619, 041
19,831
212183
1,528302352696
2,289588
115
82776
456
3,3261,7821,544
29,4999,347
2.8548
9,744
66, 31311, 326
9742,880
78, 05354,11617,44255, 65314,89714, 676
7,9926,1336,655
1 Data for July, October, December 1932, and April 1933 are for 5 weeks; other months 4 weeks.* New series. Covers scheduled airlines operating in United States. Earlier data not published.«Revised. «*=deficit.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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36 SURVEY OF CURRENT BUSINESS July 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
M a y
1933
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
CHEMICALS AND ALLIED PRODUCTS
CHEMICALSAlcohol:
Denatured:Consumption (disposed of)
thous. of wine gal..Production thous of wine gal_.Stocks, end of month.. _thous. of wine gal..
Ethyl:Production thous. of proof gal_.Stocks, warehoused, end of month
thous. of proof gal..Withdrawn for denaturing
thous. of proof gal..Methanol, wood distilled:
Crude:Production* gallons..Stocks, total * .gallons..
Refined:Exports gallons-Price, wholesale, N.Y dolls, per gal..Production * gallons..Shipments * .gallons-Stocks, end of month * gallons..
Methanol, synthetic:Production.... __ gallons..Shipments. gallons..Stocks, end of month gallons..
Explosives:Orders, new thous. of lb..Production thous. of lb_.Shipments thous. of lb..Stocks, end of month. thous. of lb_.
Sulphur and sulphuric acid:Sulphur, production (quarterly)..long tons..Sulphuric acid (104 plants):
Consumed in prod, of fertilizer.short tons..Price, wholesale 66°, at works
dolls, per short ton..Production. short tons..Purchases:
From fertilizer mfrs._ short tons..From others short tons.
Shipments:• To fertilizer mfrs short tons..
To others short tons..
FERTILIZERS
Consumption, Southern Statesthous. of short tons.
Exports, total§ long tons..Nitrogeneous§ long tons..Phosphate materials long tons..Prepared fertilizers long tons.
Imports, total§ long tons.Nitrogenous! long tons.Nitrate of soda§ -long tons.Phosphates— __ long tons.Potash _ long tons-
Price, nitrate of soda, 95 percent, N.Y.dolls, per cwt.
Superphosphate, bulk:Production short tons.Shipments to consumers short tons.Stocks, end of month _ .short tons.
NAVAL STORESPine oil:
Production .gallons.Rosin, gum:
Price, wholesale "B," N.Y—.dolls, per bbl.Receipts, net, 3 ports bbl. (5001b.).Stocks, 3 ports, end of month..bbl. (500 lb.)_
Rosin, wood:Production bbl. (500lb.).Stocks, end of month __bbl. (500 lb.)_
Turpentine, gum:Price, wholesale, N.Y dolls, per gal-Receipts, net, 3 ports ___bbl. (50 gal.).Stocks, 3 ports, end of month.bbl. (50 gal.).
Turpentine, wood:Production bbl. (50 gal.).Stocks, end of month bbl. (50 gal.).
OILS, FATS, AND ANIMALBY-PRODUCTS
Animal fats and by-products (quarterly):Animal fats:
Consumption, factory thous. of lb_.Production thous. of lb..Stocks, end of quarter .thous. of lb._
Animal glues:Production ..thous. of lb_.Stocks, end of quarter thous. oflb__
Gelatin, edible:Production thous. of lb_.Stocks, end of quarter thous. of lb_.
184,921253,499
59,621.37
95, 365105, 578348,572
366,015761,3691,715,547
14,97515, 78115,44916,033
15.50
23560,3495,98752,479
104101,08559, 5618,4313,486
22, 714
1.345
208,133
4.10110,450227,022
31,04570,934
.4732, 35967,117
5,0286,981
4,2964,8682,199
11, 578
18,490
8,244
243,089541, 533
44,378.37
71,66876,404298,704
742,826349,034,727,442
16,13916,896
17,057
30,266
15.5050,690
1,95411,974
16,17721,009
15681,6864,10576,943
6984, 78366,909
373,47012,279
1.770
86,20068,887857,096
201,628
3.0491,527350,472
30, 59792,695
.4427,41073,896
5,1515,267
3,0415, 3824,533
10, 577
19,068
8,932
135,837511,120
55,129.37
97,154119,571276,287
712, 537587,442!,852,057
14,31914,01813,79017,588
241,958
29,658
15.5044,930
2,31513,978
4,32917,938
52,00012,25536,731
11458,01838,351
6473,1547,533
1.770
61,53921,498855,535
189,752
3.1596,115366,318
29,48396,314
.4326,84170, 242
4,8275,560
178,375553,147303,339
15, 54274,726
5,2536,2035,461
11,908
20,071
9,924
111,113558,374
47,733.37
83,534117, 248242,573
793,639294,9115,351,265
14,47312,56313,91816,192
32,590
15.5045,393
7,51413,677
4,47814,242
1460,3597,63351,721
30649,98526,637
113,51418,172
1.770
69,81310,774
852,587
201,608
3.23104,904371,797
30,076104,448
.4129,72382, 532
4,8787,412
8,6798.1725,016
12,365
18,079
13,780
98,872477,538
60,123.37
150,686145,724247,535
792,641461,2993,682,607
17,60717,90318,95615,187
52,272
15.5058,345
12,4046,586
5,72024,380
4052,92615,23436,708
17257,53026,208
04,06323,650
1.633
112,91912,275
868,657
189,132
3.4199,148386,664
31,141104,990
.4227,77086,467
4,861
7,0006,6334,639
13,355
18,780
11,906
9S, 108329,507
134, 564.37
102,44892,220257,763
697.890550,8621,829,635
20,86719,55720,15214,548
194,471
53, 259
15. 5061,152
11,8464,652
7,13923,261
9764,70132,60630,005
37488,00644,817
5173,22033,534
1.220
117,17580,779853,035
231,115
3.6583,484356,985
31,155102,422
.4622,81182,364
5,0207,054
171,011474,719240,524
11, 75573,954
7,0417,2554,841
13,140
19,154
11,905
188,405253,055
79,714.37
197,534159,491295,806
571,372958,9095,442,098
22,12222, 62423,01114,213
74,813
15.5084,471
16,2249,158
10,92023,579
67,26820, 67944,204
5091,61942,831
139,50630,000
1.240
150,01847,338874,042
195,248
3.5575,153335,301
33,13296,367
.4619,36282,503
5,2028,312
6,2774,9173,468
7,391
18,020
8,011
290. 557273, 701
83,731.37
140,584195,065241,325
531,635819,251!, 154,482
19, 07420, 75320,05414,912
99,615
15.50115,684
14,70213,429
10,16522,805
6071,72413,83350,299
6585, 20648,6274,8874,88824,478
1.270
209,47613,028
979,903
227,273
3.4476,804
346,908
31,308
3,924 _ 1,30010,457 I 8,508
0 Revised.• New series. For earlier data see p. 20 of the April 1933 issue.§ Data for 1932 revised. For revision covering months of January-April 1932 see p. 36 of the June 1933 issue.
.4518,12591,212
5,45410,602
5,3284,6162,750
5,278
16,140
6,722
303,026228, 867
62,156.37
173, 636196, 786218,175
643. 598587,4063,210,674
17,99817,93017,80715,020
188,607
102,886
15.50119,350
17, 583
15,28424,363
8571,13618,18552,314
7347,95630, 760
484,8787,128
1.295
224,7947,892
1,076,520
199,202
3.0171,458332,613
29, 220100,053
.4215,97991,971
5,07013,112
149, 864570,199235,326
14,08572,856
3, 5119,107
4,5193,6141,839
6,014
14,782
5,969
312,481297,163
112,122.37
165,86059, 546324,489
352, 748512,7811,050,641
17,12917,77717, 52015,545
100,446
15.50114,618
233,286
2.8935,064295,859
31,188104, 771
.456,28384,096
4,97514,194
3,7583,9091,988
9,084
15,922
6,691
256,826281,484
62,613.37
117.23690,285351,440
324, 527625,484!,749,684
15,43716,00816,42414,935
87, 500
15.5099,825
13, 79415,002
14,64126,538
20556,1638,829
44,12814
94,31355,281
4055,956
24,968
1.295
227,15416,188
10,6259,987
14,06321,675
29859,8947,836
50,14380
90,34965,4572,5164,539
17,998
1.295
188,63131,561
1,089,429 1,066,567
186, 598
2.8930,639263,270
25,583104, 223
.452,82674,894
4,17514,399
3,9004,1472,230
8,229
16,639
7,013
'268,064'288,198
233,754.37
'124,086« 93,848'381, 678
178,232665,7022,262,214
15,43515,80414,98615,307
116,478
76,573
15.5079,328
10,3098,544
14,43919,751
I
82585,4819,48573,165
5597, 50761, 535
1065,81421,885
1.295
167,114'155,402l897,888
202,929
2.8935, 796237,350
26, 59798, 615
.466,71063,679
4,25512,387
138, 652598, 610283,313
4,93710, 751
3,6543,6822,256
9,012
19,186
6,071
»174, 201* 271,914
147,338.37
« 82,8461105, 5591358,965
425,333576, 646
'2,110,901
15,00616,00515, 50215, 711
71, 749
15.5073,900
12,22214,487
14,06523, 612
11969, 5804,23963, 621
57102, 20470,934
663,934
20, 537
1.305
158,890265, 511521,297
184, 760
3.2863, 372212, 526
24, 92686,406
.4318,17659,212
3,83110,863
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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July 1933 SURVEY OF CURRENT BUSINESS 37
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
M a y
1933
M a y June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND ANIMAL BY-PRODUCTS—Continued
Animal fats and by-products—ContinuedGreases:
Consumption, factory .-thous. of lb__Production thous. of lb__Stocks, end of quarter thous. of lb_.
Lard compounds and substitutes:Production thous. of lb._Stocks, end of quarter ..thous. of lb.
Fish oils (quarterly):Consumption, factory thous. of lb.Production thous. of lb_.Stocks, end of quarter.._ thous. of lb.
Vegetable oils and products:Vegetable oils, total:
Consumption, factory (quarterly)thous. of lb.
Exports _ _ thous. of lb.Imports § thous. of lb.Production (quarterly) thous. of lb_Stocks, end of quarter:
Crude thous. of lb.Refined thous. of lb_
Copra and coconut oils:Copra:
Consumption, factory (quarterly)short tons.
Imports short tons.Stocks, end of quarter short tons.
Coconut or copra oil:Consumption, factory:
Crude (quarterly) thous. of lb.Refined, total (quarterly)
thous. of lb.In oleomargarine thous. of lb_
Imports thous. of lb.Production (quarterly):
Crude thous. of lb.Refined thous. of lb.
Stocks, end of quarter:Crude thous. of lb.Refined thous. of lb.
Cottonseed and products: fCottonseed: t
Consumption (crush) short tons.Receipts at mills short tons.Stocks at mills, end of month_short tons.
Cottonseed cake and meal: fExports* _ ..short tons.Production... short tons.Stocks at mills, end of month.short tons.
Cottonseed oil, crude: tProduction thous. of lb.Stocks, end of month thous. of lb_.
Cottonseed oil, refined:Consumption, factory (quarterly)
thous. of lb.In oleomargarine thous. of lb.Price, summer yellow, prime, N. Y.
dolls, per Re-production f thous. of lb_.Stocks, end of month f thous. of lb_.
Flaxseed and products:Flaxseed:
Imports, United States thous. of bu_.Minneapolis and Duluth:
Receipts ..thous. of bu_.Shipments— .thous. of bu...Stocks, end of month thous. of bu__
Oil mills:Consumption, quarterly.thous. of bu_.Stocks, end of quarter...thous. of bu__
Price, no. 1, Minn. . . dolls, per bu__Production, crop estimate.thous. of bu_.Stocks, Argentina, end of month
thous. of bu._Linseed cake and meal:
Exports thous. of lb._Shipments from Minneapolis
thous. of lb._Linseed oil:
Consumption, factory (quarterly)thous. of lb.
Price, wholesale, N.Y dolls, per lb__Production (quarterly) thous. of lb_.Shipments from Minneapolis
thous. of lb._Stocks at factory, end of quarter
thous. of lb.Lard compound:
Price, tierces, Chicago* dolls, perlb. .Oleomargarine:
Consumption (tax-paid withdrawals)thous. of lb-.
Price, standard, uncolored, Chicagodolls, per lb__
Production thous. of lb
2,24382, 720
24, 895
32,677
219, 02471,921
447,894
5,373100,631207,175
73, 32481, 279
.050107, 508779,447
806
524267912
1.43
17,676
10,799
.087
;,770
.073
19,578
.094
1,60762,891
10,894
8,49728,259
199,45273,877
400,375
4,96592,839
149,548
68,43685,134
1,137
.03290,331
707,439
829
364193822
1.21
«6,299
20,373
3,932
.061
7,007
.059
14,273
.09514,338
50,61780,92378,747
221,00623,527
35,1035,938
183,960
615, 6913,123
54, 231403,439
553,546704,882
49, 65611,07411,838
124,120
59,1717,181
25,725
62,35854,351
178,22914,500
112,96364,701
352,113
52,304135,516
40,45451,172
223,273986
.03370,887
672,822
511
347267902
3,5071,4541.05
7,874
20,787
3,665
65, 253.059
65,764
4,666
116,082
.061
10,945
.09512, 111
2,81561,377
13,283
23,605
90,26238,173
300,024
2,11941, 208
114,656
29, 28129, 524
931
.03847,775
628,420
103
175306763
7,480
30,536
7,610
"""."056"
3,433
.065
11,360
.091 I11,408 I
86755,978
14,482
9,62115,698
151,193119,936265,372
3,03070, 27197,481
45,53928,315
1,241
.04538,273
525,303
20
2,486519
1,565
1.01
7,087
19,372
12,960
""."655'
4,752
15,020
.09316,016
50, 04774,64069,162
276,91624,480
38,94336,722
195,886
506,3512,029
43,971418,363
538,909532, 231
42, 06716,3979,448
130,032
62,38010,42517,335
53, 01557,350
145, 33913, 004
873, 033968,757666,877
12,622256,555201,421
173,198103,100
283,7001,292
.04581,183
503,199
603
2,8451,4273,265
3,7392,6631.11
5,906
5,923
14,338
51,575.061
68,503
7,257
97,496
.074
16,211
.09517,128
5,51641,085
23,362
11,9209,442
711, 2361,258,5161,214,157
25,702319, 695308,788
218,949133,875
1,270
.040165,906581,583
437
1,5481,7002,109
1.13
3,937
22,116
11,367
4,849
.066
19,391
.09519,528
3,96150,631
25,049
11,93614,912
673,397892,1821,432,942
18,430302,815367,661
208,238147,746
1,378
.037187,047670,558
384
7291,3401,200
1.06
3,937
17,797
8,411
"~.~667"
4,007
.063
20,048
.09519,166
48,57580,05872,013
225,93226,265
36,81728,682197, 290
837,0876,35666,191798,395
575,970763,781
56,95926,77228,084
127,640
67,70112,23426,110
70,81959,847
120,92814,227
483,290381,1391,328,607
216,133366,626
151,315143,835
229,7991,519
.035133,618730,492
914
434293
1,210
4,9983,1211.09
/11,841
5,512
14,753
8,576
43,833.069
90,987
2,510
121,775
.060
18,269
.09520,142
7,40675,298
18,009
13,43428,136
419,354300,7531,211,440
21,941190,943342,565
130,699146,688
1,467
.036112,212759,730
3931,023
1.16
5,512
26, 690
8,297
""."673"
4,108
.059
22,920
.09521,023
6,62740,237
27,300
10, 70613,148
440,333198, 291
23,873198,762332,624
139,178159,060
1,274
.035113,517802,125
570
101126
1.10
5,512
22,799
6,410
""."672"
3,462
.059
15,498
.08017,246
44, 88979, 41171,894
203, 56425,020
29,74118,197181,374
660,3624,69769,913600,825
664, 447
59, 22514,85224, 571
120,207
69, 42613,49829,651
76,02861, 785
138, 55114,382
368, 336148, 382749,164
5,039167,464286,197
116, 668161,246
209,9421,408
.037107,938807,376
732
107153950
4,3651,6461.13
6,299
17, 291
8,693
39, 021.075
79, 595
4,405
141,105
.060
23,106
.07721,387
• Revised./As of Dec. 1.* A L ) KJL ±JK3\J. J..
t For revisions of the year ended July 1932, see p. 20 of the February 1933 issue.* New series. Earlier data not published.§ Data for 1932 revised. For revisions for months of January through April 1932 see p. 37 of the June 1933 issue.
2,35755,039
15,754
12, 78820,210
249,26795,100
594,997
4,564115,602221,453
80,163122, 517
1,382
.04097, 615
804,201
221
179235
1,037
1.28
20,518
9,564
" " 0 7 8
8,152
.063
18,358
.08120,439
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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38 SURVEY OF CURRENT BUSINESS July 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1932
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
CHEMICALS AND ALLIED PRODUCTS—Continued
PAINTS
Paints, varnish, and lacquer products: #Total sales (588 estab.) thous. of dolls.
Classified (315 estab.) thous. of dolls.Industrial thous. of dolls.Trade thous. of dolls.
Unclassified (273 estab.)..-thous. of dolls.Plastic, cold-water paints, and calcimines:
dollars.dollars.
_ dollars.
CalciminesPlastic paints..Cold-water paints
PYROXYLIN PRODUCTSRods:
Production* thous. of lb_Shipments*.. thous. of lb.
Sheets:Production* thous. of lb.Shipments* thous. of lb.
Tubes:Production* _ _ thous. of lb_Shipments* thous. of lb.
ROOFINGDry roofing felt:
Production _ short tons..Stocks, end of month short tons..
Prepared roofing, shipments:Total thous. squares..
Grit roll thous. squares..Shingles (all types) thous. squares..Smooth roll thous. squares..
24,98114,6604,8669,79410,321
126,68565,30967,990
85
659665
14,7794,911
1,625381508736
19, 63713,4194,6858,7346,218
93,05278,96159,870
573
13,1035,388
1,524374433717
I
14,4309,8523,7936,0594,578
75,22882,63945,281
65
541
12,1364,909
1,718396453870
16,03210,7703,8516,9195,263
102, 29964,22954,028
142126
540691
18,4744,078
2,837672707
1,457
16,80611,1983,9817,2175,608
117,73268,48548,150
155163
802941
22,7813,717
3,103764878
1,461
15,59210,6073,9976,6104,986
113,49365,52947,344
135188
9401,007
47
17,7783,706
2,573630656
1,287
13,2608,7963,5995,1974,464
129,06442, 228
144154
839818
9,4504,662
1,202271192739
10,1286,7303,2233,5073,398
65,66050,17030,756
72105
713787
7,6044,827
621141118362
11,9467,6943,5304,1644,252
60,04774,37937,214
76119
635753
5,4604,864
840191113535
12,3468,1843,4174,7674,161
75,988104,78942,320
81102
597688
2326
11,1005,146
1,694348323
1,022
14,4319,1803,3855,7955,252
99,81086,44044.159
6591
535687
1833
14,1684,959
2,731525522
1,685
20, 29513,2974,6648,6336,997
116,52388,07161,314
105132
594804
2627
16,4774,454
2,267522470
1,275
ELECTRIC POWER AND GAS
ELECTRIC POWER
Consumption, industrial, for power purposes.(See Business Indexes.)
Fuel consumed in production of electricalenergy. (See Fuels.)
Production, total t mills, of kw.-hrs._By source:
Fuels mills, of kw.-hrs._Water power.. mills, of kw.-hrs._
By type of producer:Central stations mills, of kw.-hrs..Street railways, manufacturing plants, etc.
mills, of kw.-hrs..Sales of electrical energy:
Sales to ultimate consumers, total(N.E.L.A.) mills, of kw.-hrs..
Domestic service mills, of kw.-hrs—Commercial—retail mills, of kw.-hrs-_Commercial—wholesale—mills, of kw.-hrs. _Municipal and streeting lighting
mills, of kw.-hrs._Railroads:
Electrified steam mills, of kw.-hrs..Street and interurban—mills, of kw.-hrs..
Gross revenue from sales of energy (ElectricalWorld) thous. of dolls.
Revenues from ultimate consumers(N.E.L.A.) thous. of dolls.
GASManufactured gas:*
Customers, total thousands-Domestic thousands..House heating thousands-Industrial and commercial thousands-
Sales, to consumers millions of cu. ft.Domestic millions of cu. ft._House heating millions of cu. ftIndustrial and commercial
millions of cu. ftRevenues from sales to consumers
thous. of dollsDomestic thous. of dolls.House heating. thous. of dolls.Industrial and commercial.thous. of dolls.
Natural gas:*Customers, total thousands.
Domestic thousands.Industrial and commercial thousands.
Sales to consumers ..millions of cu. ft.Domestic millions of cu. ft.Industrial and commercial
millions of cu: ft.Revenues, from sales to consumers
thous. of dolls.Domestic thous. of dolls.Industrial and commercial.thous. of dolls.
6,650
3,6273,023
6,230
420
5,098912
1,0072,580
179
43334
158,300
146, 308
10,3209,761
57494
31,93623, 3541,465
6,965
35,36927,9221,1186,214
5,5725,093
47761,91021,328
39,869
24,31315,3388,891
6,563
3,8762,687
6,148
415
5,022869981
2,617
156
42314
154,960
143,396
10, 2209,669
51492
30,14922,944
511
6,559
34,09327,725
4095,852
5,4935,031
46054,85613,901
40,507
20,00111,6768,261
6,547
3,8582,689
6,123
424
4,969854
1,0072,550
163
41309
152,370
140,986
10, 2129,670
45490
27,58121,158
227
6,071
31,66425,934
2085,426
5,4464,994
45048,4669,774
38,125
17,0639,4377,558
6,764
4,1792,585
6,328
436
5,045838
1,0162,617
175
42311
152,020
140, 256
10,1559,616
46485
25,60819, 519
177
5,778
29,68724,220
1635,208
5,4204,972
44648, 5498,034
39,935
16,5018,8237,600
6,752
4,3162,436
6,315
437
5,238911
1,0552,698
183
41305
159,040
145,976
10,2039,659
49488
28,21321,899
219
5,949
32,40526,727
1985,375
5,4274,980
44652, 6158,509
43,651
17,4699,2438,147
7,073
4,3512,722
6,609
464
5,326984
1,0652,653
199
45331
165,410
151,551
10,1599,606
58487
30,33522,990
794
6,372
34,01127,612
6325,650
5,4534,996
45560,00113, 541
45,283
20, 72011,6078,964
6,952
4,0872,865
6,513
439
5,4231,0761,1172,578
207
46350
169, 730
156,862
10,0389,484
62484
30,18621,3382,030
6,632
33,02225, 5961,4585,845
5,4865,020
46473, 28021,625
50,558
25,90715,46410,245
7,149
4,3772,772
6,670
479
5,3451,1311,1252,383
217
50382
171,880
157,561
10,0029,445
63486
31,82421,6413,244
6,737
34,13425,8022,2135,990
5,4995,032
46688, 71635,325
52,175
33,40721, 78411,455
6,932
3,9822,950
6,535
397
5,3731,2061,1212,343
234
49361
171,370
160, 279
9,9079,356
61482
32, 32421,9373,424
6,778
34,28825,9292,2925,945
5,4705,003
46590,04740,477
48,777
35,70924,45011,130
6,286
3,6512,635
5,922
364
5,0261,0741,0442,248
211
50348
158, 620
149,768
9,8799,328
62481
30,94920,7143,395
6,661
32,87224,6082,2895,841
5,5035,011
49186,26234,998
50,337
33,93622,25011,487
6,673
3,6643,009
6,264
409
4,8781,004
9842,221
196
55361
151,920
142,487
9,8539,305
61478
30,65520,8213,216
6,438
32,50924, 5512,1665,667
5,4704,986
48280,28933,153
46,361
30,85820,20110,530
6,451
3,3673,084
6,048
9842,423
179
53318
142,512
9,8249,279
61476
30,45921,1032,576
6,607
32,43525,0201,7875,516
5,4304,955
47373,18828,182
44,423
27,32217,5629,655
# Since March 1932 detailed figures are not strictly comparable owing to changes in firms reporting.* New series. For earlier data see p. 19 of the January 1933 issue (pyroxylin products) and p. 19 of the May 1933 issue (gas).t For revised data for year 1932 see pp. 38 and 56 of the May 1933 issue.
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July 1933 SURVEY OF CUEEENT BUSINESS 39
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1932
May June July August **$£*' October No™
1933
January Febru-ary March April
FOODSTUFFS AND TOBACCO
DAIRY PRODUCTSButter:
Consumption, apparent* _thous. of lb_.Price, N.Y., wholesale (92 score)dolls, perlb..Production (factory) f thous. of lb_.Receipts, 5 markets _ thous. of lb_.Stocks, cold storage, creamery, end of month
thous. of lb_.Cheese:
Consumption, apparent!- thous. of lb_.Imports. thous. of lb_.Price, No. 1 Amer. N.Y dolls, perlb-.Production (factory)f thous. of lb_.
American whole milkf thous. of lb_.Receipts, 5 markets thous. of lb_.Stocks, cold storage, end of monthf
thous. of lb_.American whole milkf thous. of lb_.
Condensed and evaporated:Production:!
Condensed (sweetened) thous. of lb_.Evaporated (unsweetened) #
thous. of lb..Exports:
Condensed (sweetened) thous. of lb_.Evaporated (unsweetened)-thous. of lb_.
Prices, wholesale, N.Y.:Condensed (sweetened).-dolls, per case..Evaporated (unsweetened)
dolls, per case..Stocks, manufacturers, end of month:
Condensed (sweetened):Bulk goods .thous. of lb_.Case goods thous. of lb_.
Evaporated (unsweetened):Case goods thous. of lb..
Consumption in oleomargarinethous. of lb_.
Production, Minn, and St. Paulthous. of lb_.
Receipts:Boston, incl. cream thous. of qt_.Greater New York thous. of qt_.
Powdered milk:Exports thous. of lb..Orders, net, new thous. of lb_.Stocks, mfgrs. end of mo.-.thous. of lb_.FRUITS AND VEGETABLES
Exports, fruits and preparations. (See For-eign trade.)
Apples:Production, crop estimate thous. of bu_.Shipments, car lot carloads..Stocks, cold storage, end of month
thous. of bbl_.Citrus fruit, car-lot shipments . .carloads..Onions, car-lot shipments carloads..Potatoes:
Price, white, N .Y dolls, per 100 lb_.Production, crop estimate thous. of bu_.Shipments, car lot carloads..
GRAINS
Exports, principal grains, including flour andmeal thous. of b u . .
Barley:Exports, including malt thous. of bu__Price, no. 2, Minn dolls, per bu._Production, crop estimate thous. of bu_.Receipts, principal markets *__thous. of bu__Visible supply, end of month . . thous . of bu__
Corn:Exports, including meal thous. of bu._Grindings thous. of bu_.
No. 3, yellow (Kansas City).dolls, per bu._No. 3, white (Chicago) dolls, per b u . .
Production, crop estimate thous. of bu._Receipts, principal markets thous. of bu_.Shipments, principal markets. thous. of bu._Visible supply, end of month , . thous. of bu__
Oats:Exports, including oatmeal thous. of bu_.Price, No. 3, white, Chicago.—dolls, per bu__Production, crop estimate thous. of bu__Receipts, principal markets thous. of bu_.Visible supply, end of month- . thous . of bu._
Rice:Exports § pockets (1001b.)_.Impor ts . _ pockets (100 lb.)__Price, wholesale, head, clean, New Orleans
dolls, per lb__Production, crop estimate thous. of bu.
160,871.23
185,99465,023
34, 555
56, 7405,527
.1556,116
16,037
48,45841, 344
21,363
203,685
4822,122
4.68
2.55
8,3679,860
48,127
121,759
19211,83113,148
59014,0472,740
1,101
17,908
3,176
785.45
8,78010,809
7138,862
.39
.44
26,46416, 71838, 362
153.25
11, 79123,695
69,81620, 047
.026
166, 614.19
185,39375, 552
29,160
<* 56,7244,338
.12»53,894
38,94213,972
52,11840,461
»23,173
182,024
1,6193,812
4.75
2.57
8,86515, 246
164,421
3,512
38,606
20,715121,766
39010,35423,929
67312,0944,361
1.086
18,141
10,270
673.44
1,226* 2,317
3114,920
.34
.32
9,6076,686
'21,510
227.23
6,513a 10,266315,541
10,310
.022
131,548.17
186, 73671,712
46,7833,802
.1158,84045,71815,731
66,53153,922
22, 501
184,018
6143,037
4.55
2.45
13,85619,986
212,431
2,890
34,227
19,766119,444
22111,68126,226
8,3822,402
.837
21,996
9,810
465.35
9221,932
6534,552
.33
.30
5,3995,684
17,052
313.21
3,77810,174
261,2309,360
.023
133,068.18
159,16257,333
110,247
41,0303,342
.1246,77835,92416,492
76, 32763,667
16,692
153,876
6562,687
4.75
2.33
12,63421,447
225,897
2,781
25,887
20,017121,116
31010,96027,918
8,0461,532
1.073
15,704
6,740
812.31
8881,812
3814,552
.35
.32
7,319•9,10011,716
447.18
7,93713,307
234,0322,358
148,538.20
143,76352,082
107, 259
45, 2431,079
.1444, 53433, 50314,856
79,84766, 721
21,403
134, 727
5422,725
4.72
2.25
12,30820,537
190,912
3,792
22,381
19,799118,806
31611,31224,918
'I'm
5,9481,419
.921
~8~277
8,524
995.31
6,0374,616
6975,165
.33
.32
14,3005,280
15,065
1,218.17
22,44627,259
134,4632,378
.020
141,715.21
124,01243,022
89,490
44,8854,665
.1441, 56931,08912, 771
81,40668,555
16,954
113,197
5702,574
4.68
2.25
10,54118,672
176,197
4,054
21,945
18,354115,727
25610,42621,785
8,457
1,9745,6213,610
.913
12,738
6,098
1,028.32
4,6316,625
3125,981
.29
.30
19,39111,17719,545
531.17
9,71529,042
101,6765,428
.022
141,933.21
119,32739,720
66,828
45,5296,300.13
36, 51727, 58413,329
78,27466,813
17,982
104, 267
5832,833
4.68
2.25
8,33416,302
146,204
4,646
24,571
18,571113,877
17810,08920,004
23,459
8,8276,6943,371
.910
14,230
8,176
1,244.29
3,2727,151
1,9155,856
.24
.25
24,51612,44428,252
566.15
5,42128,532
163,3476,287
.021
138, 524.23
108,92740,714
37,207
41,4326,609.13
30, 56421,88012, 505
73,91662,392
13,141
90,020
5222,601
4.68
2.25
7,50514,673
139,957
4,485
26,727
17,589107,768
2918,98218,505
10,666
9,81111,0222,084
1.061
11,704
10,075
1,353.31
2,7247,633
2,3205,569
.24
.25
12,6449,31827,534
406.15
3,18927,316
176,70421,381
.020
134,106.24
118,97943,074
22,043
41,1944,845.13
31,32123,17211,405
68, 71457,749
16, 251
99, 521
5923,036
4.68
2.56
7,42712,234
100,092
4,736
31,705
17,725108,829
22510,20718,326
/139,1566,030
8,51313,2771,657
1.254/ 356,589
11,944
5,715
940.29
/ 299,9502,9148,242
6995,167
.22
.23'2,908,045
11,5526,48630,724
525.15
'1,242,4373,74526,310
211,80220,102
.020/ 39,356
128, 678.20
124,47050,828
17,833
39,8713,070.12
31,38723, 33510, 768
63,32153,532
15,178
112,209
5063,129
4.68
2.55
6,4889,524
107,154
5,039
34,903
17,848109,567
1837,87717,473
6,278
6,70313,5662,311
1.258
16,570
4,826
1,121.26
1,7878,685
1555,758
.23
.24
12,7153,75033,793
237.15
4,35226,220
153,54931,872
.019
122,655.19
116,42044,750
11,580
40,5493,545.11
29,48021,9939,981
55,73146,992
12,715
104,658
5262,629
4.68
2.42
5,5737,831
101,085
3,988
32,457
16,364102,264
1797,78916,389
5,875
4,13812,2872,252
1.250
16,359
3,569
449.25
1,2038,496
5835,022
.22
.23
12,6413,60235,006
360.15
4,23625,434
152,02523,837
.019
129,093.18
126, 75150, 672
9,255
43, 8172,892.11
34,07326,19512, 725
48,80641, 625
14, 580
141, 090
4752,893
4.68
2.03
5,4535,935
50, 571
5,041
36, 718
18, 266112, 525
160« 9, 55614,997
4,999
2,89413,6242,431
1,257
24,481
4,172
1,113.30
1,6838,320
3715,830
.26
.26
9,8854,99136,120
582.17
4,767
166, 29128, 704
.021
133,645.21
133, 73448,072
« 9, 398
45, 2733,891.12
36, 28128,05212,728
« 43,626« 37,321
15,947
172,178
5623,290
4.68
2.19
• 6,0765,310
36,975
4,858
34,908
17,591109,550
24810, 251
° 13, 354
2,830
• 1, 56712,8132,456
1,290
~18,"665
» 2, 803
648.40
5,0558,414
1877,117
16, 62311, 77632,463
210.22
8,19122, 228
157, 23521,635
.022
* New series. For earlier data see p. 20 of the November 1932 issue (barley) and p. 19 of the June 1933 issue (butter).# Bulk evaporated milk not included since December 1931./ As of Dec. 1.• Revised.t Revised series. For earlier data see p. 19 of the April 1933 issue (American whole milk and total cheese stocks) and p. 20 of the January 1933 issue for others\ Data for 1932 revised. For revision see p. 39 of the June 1933 issue. '
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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40 SUEVEY OF CURRENT BUSINESS July 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1932
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
FOODSTUFFS AND TOBACCO—Continued
GBAINS—Continued
Rice—ContinuedReceipts, southern paddy, at mills
thous. of bbl. (1621b.)..Shipments to mills, total
thous. of pockets (100 lb.)._New Orleans—-thous. of pockets (1001b.)..
Stocks, domestic, end of monththous. of pockets (100 lb.)..
Rye:Exports, including flour thous. of bu__Price, No. 2, Minneapolis dolls, per bu._Production, crop estimate thous. of bu—
Receipts, principal markets*_-thous. of bu_.Visible supply, end of month* thous. of bu~
Wheat:Exports:
Wheat, including flour thous. of bu_.Wheat only thous. of bu—
Value, wheat and flour. (See ForeignTrade.)
Prices, wholesale:No. 1, Northern, Spring, Minn.
dolls, per bu_.No. 2, Red, Winter, St. Louis
dolls, per bu_.No. 2, Hard, Winter, K.C__dolls. per bu..Weighted average, 6 markets, all grades
dolls, per bu..Production, crop estimate, total
thous. of bu..Spring wheat. thous. of bu..Winter wheat thous. of bu_.
Receipts— thous. of bu..Shipments —thous. of bu..Stocks, visible supply, world.-thous. of bu..
Canada thous. of bu_.United States... thous. of bu_.
Stocks, held by mills (quarterly). thous. of bu_.
Wheat flour:Consumption (computed) thous. of bbL.Exports - thous. of bbL.Grinding of wheat thous. of bu_.Prices, wholesale:
Standard Patents, Minn ...dolls, per bbL.Winter, straights, Kansas City
dolls, per bbL.Production:
Flour, actual (Census) thous. of bbL.Flour, prorated, total (Russell's)
thous. of bbL.Offal .thous. of lb_.Operations, percent of total capacity
Stocks, total, end of month (computed)thous. of bbL.
Held by mills (quarterly)..-thous. of bbL.LIVESTOCK AND MEATS
Total meats:Consumption, apparent mills, of lb_.Exports, value of meats and fats. (See For-
eign Trade.)Production (inspected slaughter)
mills, of l b -Stocks, cold storage, end of month total
mills, of lb—Miscellaneous meats mills, of lb
Cattle and beef:Beef and veal:
Consumption, apparent thous. of lb—Exports! --- - thous. of lbPrice, wholesale:
Beef, fresh native steers, Chicagodolls, per lb—
Production, inspected slaughterthous. of lb—
Stocks, cold storage, end of monththous. of lb-.
Cattle and calves:Movement, primary markets:
Receipts thous. of animals—Slaughter, local thous. of animals..Slaughter, inspected. (See Leather and
leather products.)Shipments, total thous. of animals._
Stocker and feeder—thous. of animals._Price, wholesale, cattle, corn fed, Chicago
dolls, per 1001b—Hogs and products:
Hogs:Movement, primary markets:
Receipts. _ thous. of animals—Slaughter, local thous. of animals..Slaughter, inspected. (See Leather
and leather products.)Shipments, total thous. of animals..Stocker and feeder..thous. of animals—
Price, heavy, Chicago—dolls, per 100 lb._
628
821
54
1,650
2.52
• 30, 3745,2118,806
1,52314
.74
.73
341,01723,31017,258
196, 581118, 546
321
4.86
4.03
1,110
1,240
86151
433,0151,164
.094
430, 356
30,373
1,5581,006
534193
6.32
3,1432,412
71838
4.57
703
69880
1,825
228.39
8829,416
8,8317,284
.56
.54
. 61
15,34415,942
488,200'142,048'170,789
8,146329
35,344
4.43
3.35
7,739
8,330616,696
494,830
1,033
1,094
1,02060
369,0541,183
.119
362,834
35,655
1,397895
483
6.89
3,0502,188
85431
3.26
343
60246
1,628
.32
3449,368
8,0866,088
.49
.46
13,47311, 507
444,800138,890166,651
77,936
7,771425
35,805
4.16
3.12
7,8208,056
627,66448
4,6903,191
1,018
1,000
94055
375,2361,211
.118
369, 524
29,909
1,338875
461105
2,5451,773
91826
3.70
223
52666
1,363
259.32
3538.955
4,8413,208
.57
.47
.45
.48
41,00617,294
408,200121,005177,876
8,116347
36,023
4.02
3.10
7,828
8,473631,452
504,700
956
910
84452
354,0241,332
.142
350,521
26,719
1,291783
492149
8.61
2,1591,445
71522
4.86
421
65096
1,040
1.34
1,4589,052
5,613
.58
.63
.48
.55
40,73219,648
423, 600108, 522188,238
8,759365
41,417
4.16
3.24
9,005
9,207731,368
535,155
1,002
955
75145
364,8671,130
.144
360,441
24, 376
1,606924
656280
8.73
2,4051,658
73921
4.23
73683
1,225
1.34
1,01490
1,915
29.32
9918,700
4,2262,479
.58
.54
.48
.55
38,41021,313
497,500179,122193,931
154,037
8,734372
43,015
4.14
3.21
9,395
9,851752,259
605,9004,245
63740
404,8261,018
.143
404,123
25,909
1,689916
773390
8.96
2,5051,739
76121
4.12
5878,485
4,4222,656
.54
.51
27,23817,540
528,700224,678190,310
10,156376
42,880
3.92
3.00
9,382
10,632762,369
576,000
1,059
54437
380,576796
.136
389,873
' 36,036
1,896962
479
8.09
2,6911,830
85523
3.64
1,189
1,00497
2,177
1.31
4238,030
5,9953,714
.49
.47
.43
.49
17,58423,464
525,800231,342177,025
48339,841
3.72
2.84
8,719
9,812691,984
556,500
1,042
1,059
51335
357,250969
.124
361,405
41,029
1,543847
735377
7.00
2,7751,881
89126
3.37
713
83483
2,107
2.31
/ 39,855
610
3,5491,728
.46
.42
.46
726,831264,680462,151
13,85913,604
592,670233,592168,958
147,095
10,130387
38,007
3.74
2.85
8,323
9,517660,411
515,5004,012
1,014
1,172
62043
331,693943
.113
332,357
42,870
1,161
494210
5.77
3,1212,167
203.06
687
83867
2,013
0.33
6087,934
3,3131,793
.50
.48
12,8148,375
643,550228,647158,228
9,414324
36,949
3.80
3.00
8,077
9,178646,950
524,940
1,061
1,239
71747
371,847927
.106
365,532
39,550
1,318824
471152
5.09
3,3812,396
97529
2.94
747
750
48
2,036
1
2867,790
2,176729
.49
.49
.44
.48
7,481620,400223,439148,426
8,513308
33,133
3.71
2.75
7,216
8,781572,587
504,900
919
1,019
75146
343,608844
.105
36,015
1,136725
407129
5.16
2,6991,896
243.41
821
1,05872
1,856
1.35
546
2,105456
.53
.55
.48
.53
12,72910,246
577, 600225, 360136, 724
116,910
9,127351
40, 705
4.03
3.04
8,867
10,238709,357
535,6603,718
1,052
74942
373,6101,135
.097
370,562
33,781
1,171786
97
5.44
2,6381,921
71520
3.92
1,032
•1,10819
3.43
1,2698,006
1,754194
.63
.69
.60
.64
15,75313,421
522, 330215, 204125,934
33242,442
4.54
3.48
9,268
742,01959
1,106
78045
' 376,9131,561
.092
372, 635
«30,658
1,296829
456152
5.52
2,7982,084
71429
3.75
° Revised. »As of June 1. / As of Dec. 1.§ Data revised for 1932. For revision see p. 40 of the June 1933 issue.
• New series. For earlier data see p. 20 of the November 1932 issue.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
![Page 43: Survey of Current Business July 1933 - FRASER...of Labor estimates the number of unemployed in June at over eleven and a half million. Available indexes of consumer purchasing indicate](https://reader034.vdocument.in/reader034/viewer/2022050310/5f71dd9db1cf5a041f318508/html5/thumbnails/43.jpg)
July 1933 SURVEY OF CURRENT BUSINESS 41
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1933
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK AND MEATS—Continued
Hogs and products—ContinuedPork, including lard:
Consumption, apparent thous. of lb_.Exports, total thous. of lb__
Lard thous. of lb—Prices:
Hams, smoked, Chicago.—dolls, per lb . .T OTH •.Lara:
Prime contract, N.Y dolls, per lb—Refined, Chicago* dolls, perlb. .
Production, inspected slaughter, totalthous. of lb—
Lard thous. of lb__OLOCKS, C01Q SlOiagG, 6DQ 01 IHO.
thous. of lb . .Fresh and cured.. thous. of lb._Lard _ thous. of lb—
Sheep and lambs:Lamb and mutton:
Consumption, apparent thous. of lb—Production, inspected slaughter
thous. of lb—Stocks, cold storage, end of mo.
thous. of lb—Movement, primary markets:
Receipts thous. of animalsSlaughter, local .. thous. of animals—Slaughter, inspected. (See Leather and
leather products.)Shipments, total ..—thous. of animals..
Stocker and feeder thous. of animals-Prices, wholesale:
Ewes, Chicago. dolls, per 1001b—Lambs, Chicago dolls, per 1001b—
Poultry and eggs:Eggs:
Receipts, 5 markets thous. of cases..Stocks, cold storage, end of month:
Case _ . . . . thous. of cases..Frozen thous. of lb . .
.rouitry.Receipts, 5 markets thous. of lb—Stocks, cold storage, end of mo.
thous. of lb—
TROPICAL PRODUCTSCocoa:
Imports long tons..Price spot, Accra, N.Y dolls, per lb—ompmencs, LXOIQ v_/oast anu i\igeria
long tons..Coffee:
Clearances from Brazil, total. thous. of bags..To United States thous. of bags._
Imports into United States.-thous. of bags..Price, Rio No. 7, N.Y dolls, per lb__Receipts at ports, Brazil thous. of bags-Stocks, world total, incl. interior of Brazil
thous. of bags..Visible supply, total excl. interior of Brazil
thous. of bags..United States. _ thous. of bags—
Sugar:Raw sugar:
Cuban movement:Exports long tons—ReceiDts at Cuban Dorts Ions tonsStocks, total, end of month
thous. of long tons—unitea. fotates.
Meltings, 8 ports t long tonsPrice, wholesale, 96° centrifugal, NewYork dolls, per lb_..
Receipts:From Hawaii and Pto. Rico.-long tons..Imports § long tons..
Stocks at refineries, end of mo.flong tons..
Refined sugar:Exports, including maple § long tons..Price, retail, gran., N.Y -dolls, per lb—Price, wholesale, gran., N.Y.dolls. per lb—Shipments, 2 ports „ _ . long tons..Stocks, end of month, 2 ports.. Jong tons—
Tea:Imports... thous. of lb—Price, wholesale, Formosa, fine, N.Y.
dolls, per lb—
MISCELLANEOUS PRODUCTS
Candy sales by manufacturers—thous. of dolls._"tficlrv isn.
Landings, fresh fish, principal portsthous of lbSalmon, canned, shipments cases..Stocks, total, cold storage, 15th of month
thous. of lb—
618,93156,15446,038
.121
.066
.073
750,898150,410
778,336667,955110,381
58,368
58,456
1,843
2,4021,319
1,081125
1.886.10
2,502
8,04784,358
23,123
38,096
14,801.0450
18,028
1,197625
1,187.082
1,631
5,754821
2,825
361,308
.033
185,062305, 753
426,714
3,090.049.044
76,16332,826
7,295
.175
14,193
19,646
609,27353,65741,084
.136
.043
.053
676,267137,816
923,969795,866128,103
54,868
54,847
1,018
2,4291,360
1,072100
1.505.18
1,971
5,38094,978
18,763
44,829
10, 617.0435
7,075
1,263735
1,056.084
1,564
33,456
5,751877
1] 0,74482, 586
3,155
326, 624
.026
226,859229,812
483,487
5,538.045.037
67,92346,173
4,566
.185
14,877
27,083264,107
28,622
587,48557,63445,339
.130
.044
.056
575,327124,753
854,634724, 271130,363
55,256
55,268
1,010
2,4281,338
1,087172
1.535.75
1,496
6,339100,485
20,460
36, 661
7,371.0419
8, 445
865448
1,079.081
1,229
31, 683
5,468990
134, 690111,873
2,922
386, 370
.028
160,147154, 269
433,151
5,345.045.037
179, 04092, 279
7,277
.163
12,533
24, 737378,040
34,304
551,13648, 72234,886
.131
.054
.066
509,181103,411
764,670643,052121,618
50,419
50,438
1,012
2,2401,199
1,049181
1.505.91
1,082
6,43199,112
18,476
31,471
9, 515.0447
13, 256
520227671
.079885
(t)5,292
765
190,983106,496
2,666
364, 664
.030
150,815189,193
380,430
3,713.046.040
76,64939,903
6,278
.175
9,098
26,998453,062
41,306
579,17042,81534,973
.141
.055
.069
536,291102,679
679,453578,876100,577
58,415
58,713
1,305
2,9191,447
1,457460
1.885.03
1,035
5,96092,967
21,751
30,305
7,989.0475
10,808
612301601
.085814
tt)5,152
643
291, 832141,147
2,195
352, 650
.032
141,275326,859
393,734
2,788.048.041
75,99038, 011
8,004
.175
14,076
31,8471,014,716
61,345
628,78553,50044,789
.137
.054
.066
571,476105,696
568,909498,253
70, 656
62,129
62,823
1,983
3,2391,330
1,892535
1.635.03
853
4,89584,187
24,739
36,683
20, 212.0488
9,481
79S385782
.094926
(t)4,975
596
84,87376,992
2,038
400, 486
.031
107,743220, 721
313, 670
2,526.048.042
51, 42339,327
9,405
.175
21, 255
31, 2651,098,118
59, 209
«646,52762,82753,573
.126
.048
.065
607,951112,063
467,958433,548
34,410
60,447
61,449
2,974
3,2651,340
1,900803
1.505.05
738
3,22574,314
32,140
54,989
19, 642.0428
22, 220
1,339657923
.0881,155
31,828
5,415624
114, 28276, 727
1,838
280, 791
.032
87,802151,139
256,180
3, 538.049.041
46, 07039,560
9,353
.175
21, 219
33,069501,737
63,167
«631,22947,35835,897
.118
.053
.062
643,777128,446
433,644403,898
29,766
53,421
53,366
2,904
2,2031,107
1,145501
1.565.17
605
1,19964,150
73,950
91,118
19, 730.0408
34,486
894390935
.0821,196
31, 612
5, 287584
98, 47864, 693
1,653
232,828
.030
46, 544139,146
193,899
2,969.049.042
77, 39066, 431
10, 364
.175
20,613
18,653281,139
62,168
631,98159,55849,919
.108
.046
.055
789,467163,864
531,938490,850
41,088
50,030
49,910
2,767
1,657919
749196
1.755.38
618
15955,339
74,866
111,642
19,873.0383
52,183
962403945
.0841, 785
31, 005
5,508562
94,10362, 549
1,535
212,808
.029
37, 213136,805
152,131
2,616.049.041
88,56971,385
9,817
.175
19, 734
14,038395,267
55.749
634,85088,71378,137
.107
.046
.052
819,244175,438
627,925575,08452,841
54,482
53,761
2,029
1,9141,083
820108
1.755.53
1,050
7546,448
30,153
104,833
25,181.0367
51, 234
1,303784911
.0831,315
29,819
5,154545
1,444
215, 768
.027
86,809170, 779
147,879
2,470.049.039
83, 87659, 315
9,038
.175
16,104
17, 270282,104
45, 756
523,89665,76157,773
.108
.042
.051
628,937131,985
667,503609,32158,182
51,720
51,400
1,683
1,7951,020
77682
1.755.44
988
16340,450
21,975
88, 675
22,853.0358
29, 577
1,117655
1,083.085
1,401
28, 956
5,286714
2,062
224,948
.028
125,149163,821
200,163
2,768.047.038
94,27865, 767
5,70
.175
15, 506
22,325631,818
•35,469
561,35658, 35147,661
.114
.048
.055
623, 747127,436
671,914610, 240
61, 674
57,790
57,939
1,818
1,8441,099
74765
1.755.38
1,639
1,83345,090
17, 879
67, 285
14, 471.0370
25, 349
1,245678
1,109.082
1,792
27, 282
5,778703
2,911
342,037
.030
170,909258,951
281,051
3,325.048.041
52, 65426,046
6,635
.175
14,852
24,158516, 749
25,855
«596, 65150,63»38,741
.116
.049
.058
677,378139,066
°702, 255630, 36071,895
"56,419
56,397
•1,77a
2,0971,152
948107
1.885.18
2,280
•4, 85762,944
18,617
•46,824
20,324.0388
17,739
1,116597922
.0781,588
5,88&735
2,882
345,677
.031
227,499308, 660
367, 545
2,854.048.042
66,77425,605
7,067
.175
°15,033
28,426
«19,335
• Revised.* New series. Earlier data not published.t For revised data for year 1932 see p. 41 of the May 1933 issue.
t Missing data not available.§ Data for 1932 revised. For revisions for full year 1932 see p. 41 of the June 1933 issue.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
![Page 44: Survey of Current Business July 1933 - FRASER...of Labor estimates the number of unemployed in June at over eleven and a half million. Available indexes of consumer purchasing indicate](https://reader034.vdocument.in/reader034/viewer/2022050310/5f71dd9db1cf5a041f318508/html5/thumbnails/44.jpg)
42 SURVEY OF CURRENT BUSINESS Julv 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1933
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
FOODSTUFFS AND TOBACCO—Continued
Leaf:TOBACCO
Exports § thous. of lb..Imports, unmanufactured thous. of lb_.Production, crop estimate thous. of lb..Stocks, total, including imported types
(quarterly) mills, of lb..Flue-cured, fire-cured, and air-cured
mills, of lb..Cigar types mills, of lb_.
Manufactured products:Consumption (tax-paid withdrawals):
Small cigarettes millions..Large cigars thousands-Manufactured tobacco and snuff
thous. of lb_.Exports, cigarettes thousands..Prices, wholesale:
Cigarettes dolls, per 1,000..Cigars dolls, per 1,000..
20,2512,669
12,823371,373
31,838197,603
4.85146.062
30,1952,823
8,685368,553
27,810268,304
6.04249.249
30,8402,242
2,239
1,715427
10, 560400,406
30,678177,959
6.04249. 249
26,7622,421
9,534361,240
26,733195,923
6.04249.247
24,2571,695
9,559401,143
31,303204,493
6.04249.135
42,4191,614
2,095
1,606403
9,311405,419
31,693227,354
6.04248. 685
59,1032,247
8,351436,832
28,847159,743
6.04248. 685
47,1804,950
7,614419,173
28,000146,081
6.04248.685
31,8424,147
1,015,512
2,145
1,679383
7,319254,136
24,116216,297
6.04248. 685
28,40316,392
8,622296,640
27,786207,980
5.29248.685
25,7967,397
7,854287,430
24,446146,038
4.96146.062
36, 7259, 910
2,278
1,785389
7,974290, 111
27,456238,126
4.85146.062
38, 7134, 285
7,973321, 279
28,847131,016
4.85146.062
FUELS AND BY PRODUCTS
COALAnthracite:
Exports.. thous. of long tons.Prices:
Retail, composite, chestnutdolls, per short ton.
Wholesale, composite, chestnut #dolls, per short ton.
Production thous. of short tons.Shipments thous. of short tons.Stocks, in storage thous. of short tons.Stocks, in yards of dealers, end of month
no. of days' supply.Bituminous:
Consumption:Coke plants thous. of short tons_Electric power plants t
thous. of short tons.Railroads thous. of short tons.Vessels, bunker thous. of long tons.
Exports thous. of long tons.Price, retail composite, 38 cities
dolls, per short ton.Prices, wholesale:
Composite, mine run.dolls. per short ton-Prepared sizes (composite)
dolls, per short ton-Production thous. of short tons_Stocks, consumers, end of month
thous. of short tons.
COKE
Exports,._ thous. of long tons.Price, furnace, Connellsville
dolls, per short ton-Production:
Beehive thous. of short tons.By-product thous. of short tons.Petroleum thous. of short tons.
Stocks, end of month:By-product plants thous. of short tons.Petroleum, refinery thous. of short tons.
PETROLEUM AND PRODUCTS
Crude petroleum:Consumption (run to stills)..-thous. of bbL.Imports thous. of bbl..Price, Kansas-Oklahoma dolls, per bbL.Production thous. of bbL.Refinery operations pet. of capacityStocks, end of month:
California:Heavy crude and fuel oil.-thous. of bbl._Light crude - thous. of bbL.
East of California, total thous. of bbL.Refineries thous. of bbL.Tank farms and pipe lines.thous. of bbl
Wells completed numberMexico:
Exports thous. of bbL.Production thous. of bbL.
Venezuela:Exports thous. of bbL.Production thous. of bbl..
Refined products:Gas and fuel oils:
Consumption:Electric power plantsf thous. of bblRailroads thous. of bbL.Vessels, bunker --thous. of bbL.
Price, fuel oil, Oklahoma, 24-26 refineriesdolls, per bbL.
31
11.25
2,9722,508
433
2,854
103722
7.39
3.497
3.41622,346
46
1.75
471,921
2,975
2,206.276
1,6241,133
2,726
.325
92
13.11
10.5153,2782,9011,906
2,588
2,2614,366
110
7.60
3.640
3.59918,384
25
2.21
451,743
159
3,6151,554
74,669
.86068,523
67
92,94042,737
319,55245,277
274, 275
1,8432,925
11,26010,648
5552,9633,243
.435
62
13.17
10.4912,5502,2272,076
52
2,284
2,3473,965
110
667
7.53
3.6243.604
17,749
26,300
53
2.13
411,537
145
3,7421,537
72,3277,865.860
64,83567
93,60540,938
316,99547,403
269,592993
2,1782,705
10,31310,579
6372,8253,714
.419
100
13.16
10.3413,0212,7782,081
2,257
2,3303,976
104
708
7.50
3.6283.569
17,857
61
2.12
381,523
153
3,9751,544
71,4551,525.860
66,31065
94,25640,405
312,13044,641
267,4891,279
1,4822,506
8,3949,551
7072,855
.400
13.28
10.5413,4653,0502,250
2,190
2,5174,057
109
858
7.52
3.6173.554
22,489
87
2.08
411,474
150
4,2211,515
67,2711,862.860
66,22061
94,89540,149
309,01143,287
265, 7241,145
1,5772,463
8,1249,430
7552,7033,066
.415
112
13.52
10.7744,1083,6642,263
60
2,303
2,5584,375
100
833
7.54
3.5963.568
26,314
27, 504
2.08
461,544
150
4,2231,484
63,9131,893.860
65,03660
95,04840,367
307,52340, 507
267,016913
1,4032,514
8,087
7802,8983,350
.425
112
13.58
10.9095,2344,7582,261
42
2,618
2,6105,096
98
1,012
7.60
3.6133.643
32,677
30,038
63
2.05
681,739
1554,0281,434
2,455.860
65, 21961
95,45739,996
305,70939,329
266,380825
1,7762,570
7,7949,171
7313,3452,916
.470
51
1.91
811,752
1473,8571,393
65,5041,963.860
63,38461
95,32240,264
301,33147,568
253,763855
1,5952,641
8,3778,767
6253,0192,763
.563
13.65
10.9215,0894,5121,732
2,729
2,6785,080
83
453
7.51
3.5823.642
31,110
29,666
27
1.88
1,786150
3,5151,330
65,9982,746.745
58,04460
95,93339,340
293,27847,902
245,376793
1,3722,961
9,1049,309
7033,0772,751
.556
67
13.61
12.2283,8073,3261,236
46
2,708
2,4924,682
59
337
7.46
3.5663.614
27,060
29,046
21
1.88
821,785
95
3,3081,236
66,0932,831.530
63,998
95,76539,297
290,40447,100
243,304639
1,5092,890
9,582
6492,8822,702
.475
22
1.81
841,639
107
2,8311,172
61,0422,369.380
61,02963
95,59039,968
289,34246,797
242,545485
1,2902,547
8,6618,834
5802,6992,779
.425
60
13.48
10. 8744,5193,866
511
32
2,554
2,3054,481
58
287
7.43
3.5493.581
23, 685
23,608
23
1.75
931,666
147
2,7031,149
67,9843,803.380
75, 30263
94, 55439,909
295, 349
246,460
1.3982,825
10,0769,945
6702,7852,813
38
13.00
10.0952,8912,461
457
2,469
2,0754,248
65
435
7.36
3.5033.416
19, 523
14
1.75
471, 656
138
2,8471,149
68,8222,910.380
65, 31367
95,34939,516
289,93348,997
240,936472
3,008
9,3409,058
6482,8092,826
.331# Price converted to short-ton basis.° Revised./ As of Dec. 1.
t For revised data for year 1932, see p. 42 of the May 1933 issue.§ Data for 1932 revised. For revisions for full year of 1932 see p. 42 of the June 1933 issue.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
![Page 45: Survey of Current Business July 1933 - FRASER...of Labor estimates the number of unemployed in June at over eleven and a half million. Available indexes of consumer purchasing indicate](https://reader034.vdocument.in/reader034/viewer/2022050310/5f71dd9db1cf5a041f318508/html5/thumbnails/45.jpg)
July 1933 SUKVEY OF CURRENT BUSINESS 43
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
M a y
1933
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
FUELS AND BY PRODUCTS—Continued
PETROLEUM AND PRODUCTS—Con.
Refined products—ContinuedGas and fuel oil—Continued
Production:Residual fuel oil*.. thous. of bbl—Gas oil and distillate fuels*
thous. of bbl—Stocks:
Residual fuel oil, east of California*thous. of bbl_ .
Gas oil and distillate fuels, total*thous. of bbl-.
Gasoline:Consumption thous. of bbl—Exports thous. of bbl—Exports, value. (See Foreign Trade.)Price, wholesale:
Drums, delivered, N.Y...dolls, per gal—Refinery, Oklahoma dolls, per gal—
Price, retail, service station, 50 citiesdolls, per gal—
Production:At natural gas plants thous. of bbl—At refineries-_ thous. of bbl—
Retail distribution (41 States) tmills, of gal—
Stocks, end of month:At natural gas plants thous. of bbl—At refineries.- thous. of bbl- .
Kerosene:Consumption thous. of bbl—Exports.-- --thous. of bbl—Price, 150° water white, refinery, Pa.
dolls, per gal_.Production thous. of bbl—Stocks, end of month.... thous. of bbl—
Lubricating oil:Consumption thous. of bbl—Price, cylinder oil, refinery, Pa.
dolls, per gal—Production _ thous. of bbl- .Stocks, refinery, end of month
thous. of bblOther products:
Asphalt:Imports thous. of short tons. .Production thous. of short tonsStocks, refinery, end of month
thous. of short tonsCoke. (See Coke.)Wax:
Production thous. of l b . .Stocks, refinery, end of month
thous. of lb
1,955
.145
.026
.045
.134
20, 030
5,890
24, 237
12,396
31, 5714,418
.140
.052
.137
3,07934, 599
952
1,05445, 246
2,814858
.0524,0924,812
1,535
.1742,036
8,809
2250
414
39,760
194,973
19,105
5,207
24,807
13,477
38, 7663,369
.130
.054
.142
2,81233, 312
1,109
81238, 526
2,1281,068
.0513,5235,134
3,054
.1782,290
7,323
255
409
36,400
198,526
19, 526
5,191
26, 353
15,408
31,3172,200
.135
.051
.140
2,81233, 705
963
75738, 959
1,854
.0503,6296,033
1,011
.1801,958
7,991
234
386
31,640
202,023
17, 793
5,519
26,829
16,971
35, 2072,260
.139
.050
.137
2,81932,883
1,057
61636, 700
2,279
.0493,4976,247
951
.1771,587
7,965
1232
38,920
206,461
17,403
5,665
26, 000
17,905
33, 6452,569
.150
.046
.125
2,79330,908
997
32,806
2,5811,081
.0483,4496,018
932
.1591,648
8,182
1239
292
36,680
200,581
17,113
6,382
23,494
18,495
32, 2552,213
.144
.047
.130
2,92433, 212
975
57632, 207
3,115944
.0483,4635,465
1,143
.1081,713
8,289
1229
248
31,360
188,637
18,068
5,582
21,874
16,775
30, 2942,356
.153
.046
.130
2,85532, 072
858
47832, 720
3,621970
.0483,8014,672
1,115
.1311,644
8,245
1177
280
33,320
180,441
18,491
5,980
19,928
14,110
27,1911,830
.151
.037
.126
2,88831, 254
801
44935,404
3,149630
.0484,0974,974
1,042
.1331,625
8,375
1141
276
35,000
18,578
6,885
18,911
12,683
26,4422,251
.135
.028
2,87630, 508
768
53937,691
3,656872
.0494,3634,794
.1331,827
8,796
3102
272
36, 680
160,240
17,156
6,451
18,069
11, 549
23, 3121,729
.135
.026
19,246
6,845
17,714
11, 557
28, 2271,829
.135
.026
2,54327, 676
65135, 652
3,274615
.0483,6914,574
1,101
.1191,621
8,812
095
294
28,000
147,849
2,77127, 676
810
75235,882
2,975629
.0483,8774,827
1,143
.1131,794
8,712
3124
304
36,400
136, 785
19,145
5,751
17,230
11,390
30,1763,024
.143
.023
2,67431,921
81435,881
2,925691
.0474,0465,230
1,390
.1161,871
8,330
0152
37,800
124,927
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skins§..thous. of lb—Calf and kip skins thous. of lb—Cattle hides thous. of lb—Goatskins thous. of lb—Sheep and lamb skins thous. of lb._
Livestock, inspected slaughter:Calves thous. of animals..Cattle thous. of animals—Hogs thous. of animals..Sheep thous. of animals—
Prices, wholesale:Packers, heavy native steers, Chicago
dolls, per lb—Calfskins, No. 1 country, Chicago
dolls, per lb—LEATHER
Exports:Sole leather ..thous. of lb—Upper leather§ thous. of sq. ft—
Production:Calf and kip* thous. of skins—Cattle hides* thous. of hides..Goat and kid* thous. of skins..Sheep and lamb* thous. of skins—
Prices, wholesale:Sole, oak, scoured backs (Boston)
dolls, per lb—Upper, composite, chrome, calf, black,
" B " grade dolls, per sq. ft—
LEATHER MANUFACTURES
Gloves and mittens:Production (cut), total dozen pairs—
Dress and street dozen pairs..Work _ dozen pairs..
29,2924,606
10,4323,7595,909
1235,192
.29
.281
16, 7861,8695,1386,0822,544
6163,9401,444
.043
.045
1725,481
7591,0492,9591,598
.28
.250
100,40243, 53556,867
17,3662,5754,1206,1263,081
394638
3,3201,529
.043
.046
1254,343
9341,0602,9391,623
.27
.241
104,97947,61857,361
10,1742,8671,0073,4321,760
324614
2,8021,384
.049
.049
1604,522
1,1291,0302,7241,560
.27
.238
99,80650,96548,841
8,6172,6911,2382,0091,625
362633
1,5792,970
.066
.063
1554,715
1,2321,0823,3792,170
.27
.243
156,12177,98978,132
8,5453,337985
2,1061,011
366718
3,2521,667
.081
.076
1376,162
1,1801,2722,5712,907
.28
.250
223,879104,471119,408
16,7002,8296,8714,1831,464
3,6051,601
.073
.082
1305,807
1,1261,3252,6514,002
.29
.252
294,668132,222162,446
21,7773,099
3,6775,585
376627
3,7781,388
.065
2225,748
9461,3302,8353,212
.28
.250
269,609128,020141,589
18,0462,3504,7765,3033,653
327567
4,5841,264
.055
.061
1375,276
8941,3113,2051,797
.26
.242
181,69370,608111, 085
14,7282,5913,2884,7952,127
345612
4,7001,332
.054
.066
1344,484
1,2763,4311,897
.25
.235
142,47653,15289,324
12,9161,9872,5454,266
317569
3,6471,250
.048
.061
865,071
8711,2333,3202,163
.23
.233
152,37872,10680,272
14, 2561,8163,1275,4542,090
398617
3,6021,413
.052
.066
1626,005
9201,3033,4512,123
.23
.236
166, 37583,18883,187
17, 5163,4454,4636,2221,150
426616
3,8471,409
.062
.076
1684,541
8221,1752,7701,847
.23
.241
190,893101,98788,906
• Revised.* New series. For earlier data se8 p. 29 of the February 1933 issue (gas and fuel oil) and p. 19 of the June 1933 issue (leather),t For revised figures for year 1932 see p. 43 of the May 1933 issue.§ Data revised for 1932. For revisions for full year 1932, see p. 43 of the June 1933 issue.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
![Page 46: Survey of Current Business July 1933 - FRASER...of Labor estimates the number of unemployed in June at over eleven and a half million. Available indexes of consumer purchasing indicate](https://reader034.vdocument.in/reader034/viewer/2022050310/5f71dd9db1cf5a041f318508/html5/thumbnails/46.jpg)
44 SUKVEY OF CURRENT BUSINESS July 193S
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1932
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES—Contd.
Shoes:Exports thous. of pairs..Prices, wholesale:
Men's black calf blucher,Boston dolls, per pair..
Men's black calf oxford, lace,St. Louis dolls, per pair..
Women's colored calf, Goodyear welt, ox-ford, average dolls, per pair..
Production, total.. thous. of pairs._Men's thous. of pairs..Boys' and youths' thous. of pairs..Women's thous. of pairs..Misses' and children's thous. of pairs. .Slippers, all types. thous. of pairs..All other footwear.. thous. of pairs..
57
5.50
3.85
3.27
84
5.75
4.25
3.5022,4975,4241,1127,5282,4692,3823,582
60
5.75
4.05
3.4323,5625,8511,1837,8842,5272,6013,516
42
5.75
3.85
3.3520,4425,1351,1817,8252,1732,2201,907
76
5.75
3.85
3.3530,7856,8221,61313,6702,5983,4262,656
58
5.75
3.85
3.3533,8857,8861,84613,6443,0234,6882,798
67
5.75
3.85
3.3533,0708,0441,99711,2133,0205,9292,867
74
5.50
3.85
3.3525,1496,9171,8105,4702,2846,4052,263
70
5.50
3.85
3.3020, 0965,3971,5135,9381,9763,2552,017
35
5.50
3.85
3.2522,7175,7631,4429,2832,4821,3682,378
41
5.50
3.85
3.2526,3846,0921,44811,3602,8791,8522,752
5.50
3.85
3.25* 28, 576« 6,837
1,532»11, 608« 3, 081«2,399
3,119
5.50-
3.85<
3.25,27,5756,2171, 60710, 6742,9852,6523,440-
LUMBER AND MANUFACTURES
LUMBER
Exports, all types* M ft.b.m.-.Retail movement:
Retail yards, Ninth Fed. Res. Dist.:Sales M ft.b.m...Stocks, end of month M ft.b.m...
Retail yards, Tenth Fed. Res. Dist.:Sales M ft.b.m...Stocks, end of month__ M ft.b.m...
Flooring
Maple, beech, and birch:Orders:
New - M ft.b.m...Unfilled, end of month M ft.b.m.-.
Production M ft.b.m...Shipments.... -M ft.b.m.-.Stocks, end of month M ft.b.m...
Oak:Orders:
New M ft.b.m..Unfilled, end of month M ft.b.m-.
Production M ft.b.m-.Shipments M ft.b.m-.Stocks, end of month _ M ft.b.m..
Hardwoods
Hardwoods (Southern and Appalachian dis-tricts):
Total:Orders:
New mill.ft.b.m--Unfilled, end of month. mill.ft.b.m..
Production mill.ft.b.m..Shipments - mill.ft.b.m-.Stocks, total, end of month..-mill.ft.b.m--
Unsold stocks mill.ft.b.m..Gum:
Orders, unfilled, end of monthmill.ft.b.m.
Stocks, total, end of month...mill.ft.b.m..Unsold stocks mill.ft.b.m.
Oak:Orders, unfilled, end of month
mill.ft.b.m.Stocks, total, end of month.-.mill.ft.b.m..
Unsold stocks mill.ft.b.m..Northern hardwoods:
Production M ft.b.m-.Shipments M ft.b.m..
SoftwoodsFir, Douglas:
Exports: §Lumber M ft.b.m..Timber M ft.b.m
Orders:Newl— M ft.b.mUnfilled, end of month M ft.b.m-.
Prices, wholesale:No. 1 common dolls, per M ft.b.m..Flooring, 1 x 4, " B " and better
dolls, per M ft.b.m-.Production! M ft.b.m..Shipmentsi M ft.b.m--
Hemlock, northern:Production M ft.b.m..Shipments M ft.b.m..
Pine, northern:Orders, new M ft.b.mProduction... M ft.b.m..Shipments M ft.b.m..
89,304
5,43058,122
2,50628,059
22, 64522, 41812,46414, 54948, 073
35, 79524, 478
229,196195,175
11.34
22.42137, 428149,962
13,0117,03511,984
78,024
5,207
1,74332,366
2,0304,1022,1792,32522,852
11,14712,44411, 68312,93952, 598
10127098109
2,6222,351
536468
67703636
2,1966,735
19, 32618,233
107,88371,176
21.7299,826112,360
8894,931
6,6897,969
73,145
6,609
1,75131,965
2,4574,3172,5982,28122,898
9,1309,35510, 33410,25351,336
902429498
2,6102,368
62546484
57699643
2,4218,490
24,6037,377
104, 75060,432
8.61
20.5088,634111, 464
1,5676,587
10,4284,40611, 788
63,917
5,86765,402
1,92231,460
2,1173,9461,2642,264
22, 216
7,1206,6836,9777,69951,143
2277186
2,5502,323
61532471
52683631
1,6836,732
19, 2218,546
106,54057,747
9.37
20.6479,68195, 797
5,412
5,0462,2345,826
55,163
6,70363,216
2,31930,247
4,0221,0672,816
20, 212
16, 50812,59911,00811,62653,067
11426559102
2,4982,234
73538466
76661585
1,5387,138
18, 27618,172
116,83681,024
8.66
20.0289,977105,645
1,3025,507
7,6053,8096,657
65, 267
6,48460,992
2,42929,294
3,1795,1021,5452,40219,145
13, 50613,35911,08711, 73953,729
15427568135
2,4172,141
75523448
76634559
11, 536
21,03514,453
153,543119,074
20.6096,244111,464
9767,097
6,8242,6286,482
79, 639
6,73058,329
2,41128,683
1,9204,7931,7182,03119, 025
10,37114, 25910, 57410,65750,418
11325668128
2,3232,066
65481416
624554
52610,968
24,80923,647
112,36076,100
8.93
21.22113,255128,923
2,4337,061
8,7923,3369,783
62,637
4,80855,911
1,78528,324
1,390
1,6241,90219,119
4,24112,9458,1365,91853,138
10124668105
2,2602,015
65460395
61608547
1,0638,729
19,08522,178
94,90181,920
8.93
20.8094,454105,645
1,5984,314
6,1391,2966,298
68,322
1,91654, 295
1,28128,105
1,5884,2691,7361,59019,413
3,23811, 7665,9264,32754,752
2524975
2,2171,965
65451
53600547
1,3966,523
23,32624,588
106,09385,053
8.97
20.6881,92082,815
1,4581,843
4,6430
5,403
70,582
1,68554, 292
1,61527,371
1,1553,4321,3591,49619, 261
4,16411,5565,5014,43355, 200
792386086
2,1661,928
52440
71614543
4,5199,351
25,72017, 720
105,645120,865
8.58
20.6193,55896, 244
2,0882,868
4,2180
4,126
49, 626
1,23754,949
1,53027, 214
1,0833,206784
1,31818,712
14,6365,7846,07455,171
90230
2,1181,888
51425374
73594521
6,6478,892
15,37917,865
97,140109,674
9.50
21.5897,587104,302
2,3053,109
4,9540
4,379
67,719
1,95256,253
1,66227, 031
1,5013,420736
1,24618,483
7,61615, 0954,9597,57352,130
2266498
2,0581,832
52411
67584517
24,87834,425
141, 457107,883
10.67
21.30105, 645119,970
5,0500
4,966
75,185.
3,67857,227
2,026.28,02$
2,4523,8991,0782,097
17, 238
9,65415, 5687, 5539, 47950,190
146247P71120
1,9821,735
59392332
563494
31, 77128,132
134, 294120,417
11.02
21.34115,046140,114
9,3521,2468,317
5 Data for July, October, December 1932 and March 1933 are for 5 weeks; other months, 4 weeks.* New series. See p. 20 of November 1932 issue for earlier data.• Revised.5 Data revised for 1932. For revisions for full year 1932 see p. 44 of the June 1933 issue.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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July 1933 SUEVEY OF CURRENT BUSINESS 45
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
M a y
1933
M a y June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
LUMBER AND MANUFACTURES—Continued
LUMBER—ContinuedSoftwoods—Continued
Pine, southern:Exports:
Lumber § _M ft.b.m..Timber § __M ft.b.m_.
Orders:New _ M ft.b.m..Unfilled, end of month M ft.b.m..
Price, flooring dolls, per M ft.b.m_.Production _ _M ft.b.m..Shipments _ M ft.b.m_.
Eedwood, California:Orders:
New M ft.b.m..Unfilled.. M ft.b.m..
Production _M ft.b.m..Shipments M ft.b.m..
FURNITUREHousehold:
All districts:Plant operations* percent of normal..
Grand Rapids district:Orders:
Canceled percent of new orders..New .no. of days' production..Unfilled, end of
month no. of days' production..Outstanding accounts, end of
month no. of days' sales..Plant operations f percent of normal-Shipments __no. of days' production..
Southeastern district:Orders, unfilled, end of
month dolls., average per firm..Shipments. dolls., average per firm..
Prices, wholesale:Beds _ 1926=100..Dining-room chairs, set of 6 1926=100..Kitchen cabinets 1926=100..Living-room davenports. 1926=100..
Steel furniture. (See Iron and Steel Section.)
24,9797,682
179,84392,04918.56
115, 783154,498
37.0
8.0
1824.0
62.189.574.173.6
27,2884,772
102,80261, 74019.60
100,303101,528
14,88722,15310, 70216,326
23.0
18.0
2116.0
10,21325,814
68.689.595.3
21, 6348,921
95,94743,57219.52
90, 63499,619
12,30018,45611,32914, 857
28.0
8.0
1922.0
8,82020,106
89.595.3
23,9856,173
90, 71545, 72418.35
83,23994,038
10, 79119, 3348,0579,470
24.0
4.011
10
2114.0
7
20,85020, 684
64.489.591.4
19, 2243,695
149,14979,84717.05
91, 241125,056
13,99019,94311,02312,862
26.0
6.510
10
2122.0
23, 79936,325
64.489.578.469.8
21,4605,621
134,01881,64517.86
80,181127,280
15,86623, 24710,82911,921
9.0
7.514
11
2731.012
26, 78840, 252
64.489.591.4
24, 7816,902
144,31674,95817.75
113,467154,329
15,41522,79811,10115,636
44.0
9.011
2734.012
22,40743, 665
64.489.591.469.8
20,1092,278
90,58950,18418.33
99,470107,000
12, 70821,88612,25313,451
43.0
13.0
11,04232, 549
63.989.591.4
24,4546,787
67,52944,01417.37
75,16173,690
13,63024,46012,60310,989
39.0
18.05
2533.0
9,29016, 277
63.989.591.4
20,8765,254
95,68557, 37717.80
85,49484, 271
12,15118,82414,31913,581
33.0
7.0
2422.5
20,44825,975
62.189.587.573.6
18,2325,024
75, 57555,41917.0677,79881,071
11,97318,30214,60312, 269
27.0
7.0
2019.0
7
15,28633,660
62.189.587.573.6
17,3007,684
113,04463,83817.44
87,401100,714
13,74417,49312,14714,207
18.0
13.06
1910.0
5
14, 298
62.189.574.173.6
21,4274,831
112,85467,41417.55
88,752110,019
17,96519,1139,80415,731
27.0
7.07
1914.0
17,25935,962
62.189.574.173.6
METALS AND MANUFACTURES
IRON AND STEELForeign trade, iron and steel:
Exports § long tons..Imports *... long tons..
Price, iron and steelcomposite dolls, per long ton..
Sales, iron, steel, and heavy hardwareJanuary 1921=100..
OreIron ore:
Consumption by furnacesthous. of long tons..
Imports thous. of long tons..Receipts:
Lake Erie ports and fur-naces thous. of long tons..
Other ports _ thous, of long tons..Shipments from mines-.thous. of long tons..Stocks, total, end of month
thous. of long tons..At furnaces thous. of long tons..Lake Erie docks thous. of long tons..
Manganese ore, imports (manganese content) #thous. of long tons-
Iron, Crude, and SemimanufacturesCastings, gray-iron:
Orders:New.. av. tons per foundry-Unfilled, end of month
av. tons per foundry—Production av. tons per foundry..Receipts (materials)..av. tons per foundry..Stocks (materials) av. tons per foundry-
Castings, malleable: *Orders, new short tons..Production short tons..
Percent of capacityShipments.._ short tons..
Pig iron:Furnaces in blast, end of month:
Capacity long tons per day-Number
Prices, wholesale:Basic (valley furnace)..dolls, per long ton..Composite pig iron dolls, per long ton—Foundry, no. 2, northern (Pitts.)
dolls, per long ton..Production thous. of long tons..
* New series. For earlier data see p. 20 of November 1932 issue (iron and steel imports) and p. 20 of the April 1933 issue (castings),published.
# Imports from Cuba not included.t Revised. Earlier data not published.§ Data revised for 1932. For revisions for full year 1932 see p. 45 of the June 1933 issue.
123,16926,295
28.45
1,26621
448353901
28,31423,4074,907
2
108
6599
145254
24,67124,628
29.023,077
33,16063
14.2015.45
16.59887
80,47739,751
29.62
83
91880
3979
111
32,70027,1675,533
2
56
497785
252
16,46316, 597
19.518,075
22,96553
14.2015.05
16.59784
52,09334,487
29.54
79
73175
116105234
32,15926, 7845,375
4
50
486590
258
13,33015,018
17.316,450
18,95546
14.0014.93
16.39628
52,55818,496
29.48
72
64517
47078
640
32,05926,7615,298
3
54
445972
242
8,6589,44711.1
11,359
17,52546
13.5014.85
16.39572
32,95523,623
29.33
80
60725
61988
722
32,16426,8965,268
3
61
516583
217
7,7766,804
8.08,631
16, 22542
13.5014.81
16.39531
36,03829,241
29.32
81
69719
549172641
32,32427,0835,241
0
71
587896
231
10,58210,051
11.69,746
19,20547
13.5014.74
16.39593
41,22633,706
29.32
86
73516
614220927
32,45727, 2345,223
0
69
5278
103237
12,85012,274
14.511,615
20,17049
13.5014.73
16.39645
56,02334,924
29.12
76
69640
29957
250
32,08426,8935,191
1
56
497496
232
14,30413,622
16.012,745
20,86051
13.5014.71
16.39631
54,13929,390
28.93
65
6308
000
31,49026,3285,162
0
50
416664
221
14,50414,128
16.214,366
15,81042
13.5014.69
16.39546
56,72021,892
28.69
57
66114
000
30,81225,6805,132
0
61
496267
210
12,40412, 577
14.814,248
18,82045
13.5014.68
16.39569
63,93619,748
28.31
55
6347
000
30,15225,0475,105
0
64
496990
236
11,07713, 575
16.014,068
18,91045
13.5014.68
16.39554
80,56722,114;
28.35
54
59345
000
29,55724,4865,071
2
59
476586
246
12, 3809,75611.2
10,967
15, 58038
13.5014.68
16.39542
100,39528,061
28.16
59
77215
92883
28,84823,8794,969
75
5168
103236
F17,856' 17,871
21.016, 666
22,805
13.5014.75
16.39624
Furniture activity, all districts, not
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46 SURVEY OF CURRENT BUSINESS July 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the* 1932 Annual Supplement to the Survey
1933
May
1933
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
METALS AND MANUFACTURES—Continued
IRON AND STEEL—ContinuedIron, Manufactured Products
Cast iron boilers and radiators:Boilers, gas-fired:
Production _ thous. of B.t.u..Shipments, quantity thous. of B.t.u._Shipments, value dollars..Stocks, end of month thous. of B.t.u..
Boilers, range:Orders:
New number of boilers..Unfilled, end of month, total
number of boilers..Delivery, 30 days or less
number of boilers..Delivery, more than 30 days
number of boilers..Production number of boilers..Shipments. number of boilers..Stocks, end of month, .number of boilers..
Boilers, round:Production thous. of lb._Shipments _ thous. of lb_.Stocks, end of month thous. of lb._
Boilers, square:Production _ thous. of lb—Shipments thous. of lb—Stocks, end of month thous. of lb—
Boiler fittings, cast iron:Production... short tons..Shipments short tons..
Boiler fittings, malleable:Production short tons..Shipments— short tons..
Radiators:Production.thous. of sq. ft. heating surface..Shipments.-thous. of sq. ft. heating surface..Stocks, end of month
thous. of sq. ft. heating surface..Radiators, convection type:
New orders:Heating elements only, without cabinets or
grilles.thous. of sq. ft. heating surfaced..Heating elements, including cabinets and
grilles.thous. of sq. ft. heating surface#—
Sanitary WareBathroom accessories: *
Production. number of pieces..Shipments— number of pieces..Stocks, end of month number of pieces. _
Plumbing brass. (See Nonferrous metals.)Plumbing and heating equipment, wholesale
price (8 pieces)* dollars-Porcelain enameled flatware:
Orders, new, total dollars..Signs dollars-Table tops.... dollars-
Shipments, total dollars-Signs dollars-Table tops dollars-
Porcelain plumbing fixtures:Orders:
New, net number of pieces—Unfilled, end of month..number of pieces..
Shipments number of pieces..Stocks, end of month number of pieces..
Vitreous china plumbing fixtures:Orders:
New, net number of pieces..Unfilled, end of month..number of pieces..
Shipments... number of pieces-Stocks, end of month number of pieces. _
Woodwork, plumbers':Orders:
New, net _ number of pieces..Unfilled, end of month_.number of pieces..
Shipments number of pieces-Stocks, end of month number of pieces.
Steel: Crude and SemimanufacturedBars, steel, cold finished, shipments.sb.ort tons.Castings, steel:
Orders, new, total short tons..Railroad specialties short tons..Percent of capacity
Production, total. short tons—Railroad specialties short tons—Percent of capacity
Ingots, steel: tProduction thous. of long tons..
Percent of capacityPrices, wholesale:
Composite, finished steel dolls, per lb_.Steel billets, Bessemer (Pittsburgh)
dolls, per long ton..
92,265
35,974
34,335
1,63963, 72465,16324,151
3,2422,40326,063
12,1406,412
111,099
2,9194,191
2,1402,827
3,7542,133
33, 512
241
183.93
3,0413,4302,38111,345
296, 264307,118187, 933340, 218
20, 7553,642
1418,9913,470
13
2,00234
.0208
26.00
12,41657, 72355,874666,109
44,883
7,890
5,974
1,91643,43443,43024,694
2,3922,68537,920
5,8746,868
128,244
1,8633,189
1,5261,925
1,8572,726
38,748
71
218
33,45335, 415668,862
191. 33
519, 270216,07790, 377528,084222,80391, 527
1,4653,2891,51916,302
104,093132, 748'114,847'539, 692
92, 25469,35598,447149,500
14,406
11,1112,843
814, 2253,010
10
• 1,12520
.0217
27.00
16,82048,28160,321615,225
35,891
9,224
5,993
3,23134,96034,55725,097
1,8812,799
37, 239
6,1408,181
126,505
1,7602,908
1,2671,622
1,8942,917
37,868
103
191
29,62033,666667,842
190.97
450,013202,09887, 486475,787206, 68696, 276
1,9603,1411,78915,324
100,969118,837111, 126523,324
112, 63681, 288100,703145, 224
13,144
12,4881,971
912,5072,379
9
"91316
.0217
26.50
37,73249,40647,751613,533
26, 555
5,304
3,260
2,04432,12430,47526,746
1,6803,240
35, 794
9,1429,276
126,826
1, 4552,029
1.2741,503
1,3883,392
35,935
85
196
30, 78531, 673660, 518
192.96
349, 496148,08952,011406,066193, 27954, 218
2,0793,2401,87815,036
109,92392, 751520,194
77,24780,11278,423140, 272
13,431
9,3011,968
611,4602,609
»80715
.0217
26.00
58,78676,26579,831591,220
30,750
6,585
4,952
1,63328,79629,46926,073
2,2253,891
34, 273
9,73413,653123,174
1,6552,665
1,2291,537
1,9754,340
33,688
156
165
28,66442, 555646, 627
192. 31
366, 279131, 64475, 650
422, 290175,71583,075
3,2173,4552,99114,479
98,156109, 29798, 782
512, 697
95,23270, 669104, 675135,110
7,229
10,1471,531
712,3312,465
«847
.0217
26.00
100,73291,46581,844555,483
39,326
6,900
5,290
1,61037, 29739,01124,359
3,6486,22531,963
13,79319,113118,280
2,4263,461
1,7432,215
2, 7515,331
31,270
126
211
35,13645,811644,438
192. 57
412,119123,86194,831453,808159,400101, 582
3,6283,9803,02113, 560
77,42491, 73894,983504,039
141,73677,443134,962118,921
9,572
11,8823,337
811,3342,520
•992
.0216
26.00
87,77194,74897,193
531,238
51,073
8,320
6,917
1,40348,91249, 65323,618
6,2208,896
29,617
16,82425,845
109,730
3,1873,954
2,1282,027
4,4727,630
28,363
87
180
34,18249,410
621,195
193. 28
460,683157, 678123,484461,617146,812121,222
2,7883,7472,900
14, 580
86,72187,60191,061
486,470
94, 22678,67094,392
117, 633
12,209
11,8962,998
Q
12,5312,617
9
«1,08719
.0216
26.00
83,73158,68052,446
563,333
35,551
6,333
4,591
1,74236,92337, 53823,003
3,6394,704
28,734
11,00313,335
107,572
2,7873,019
1,8041,701
4,2994,816
27,967
48
155
25,13836, 360
613, 227
192. 43
385,718172, 933
77, 681404, 273172,467
83, 551
2,5473,4052,799
13,053
65,42683,82666,437
496,039
71,41378,15771,926
115, 330
11,934
13, 2352,918
Q
13, 7123,672
9
• 1,03218
.0215
26.00
9,20742,91141,382
521,374
27,564
8,073
5,639
2,43429,37527, 58226,195
1,8233,552
26,863
4,91810,434
101,448
1,7172,165
1,0251,115
3,2363,474
27,838
54
142
24,09523,623
612, 702
192. 63
362, 371216,93146,475
389,683232, 61155,899
1,7083,1241,833
13,838
56,68785,48057, 594
518, 245
55,36660,96772,330
111, 847
12,759
13,2832,680q
13,8862,721
10
«86115
.0214
26.00
64,98942,66238,243528,238
35,774
6,016
3,586
2,43039,99137,83128,355
2,0352,102
24, 517
6,1446,41099,032
1,4012,319
9951,375
2,5472,001
28, 250
70
24,03327,088608,851
186.40
236, 23487,15848, 685249,817101,14848, 202
1,6432,8881,44213,343
80,28379,90389, 395506,126
71,30372,68460,400112, 416
13,253
12,9423,088
913,9512,753
10
• 1,03018
.0212
26.00
48,45442,16926,543559,851
»29,801
6,247
4,146
2,10127,042
• 29,57025,827
2,2792,13324,736
7,6025,567
100,585
1,5142,161
1,0881,433
2,9921,634
29, 646
20,11933, 562593, 720
182.80
278,361102,21959,574271,694113,58250,424
1,4042,8841,39911,811
77,53176,80280, 632472,472
70,73772,65770,764112, 457
14,196
11,8572,489
812,4382,259
«1,087« 21
.0210
26.00
20,83729,00425,979554,391
36, 338
4,967
3,289
1,67838, 25137, 61825,843
1,8111,772
24, 235
6,2114,860
100,409
1,5922,228
1,1001,302
2,2311,542
30, 417
14, 31529, 698
420, 318
182.00
344, 763144, 61575,177324,114126, 67172,983
2,1042,9911,93611,490
118, 69799, 33296,167443,858
77,78171,17079, 268113,953
8,726
11,4582,784
813, 2093,285
9
°910« 16
.0210
26.00
44,68122,91820,025
583,037
39,024
8,872
7,397
1,47534, 86635,11925, 590
2,3931,79224,927
9,6134,465
105,457
1,5772,322
1,2841,586
3,0021,605
31,992
35
123
182.03
471,456191, 658121,182385,865146, 543104,820
1,6982,7761,885
11, 339
245,024198, 787145, 569391,369
97,85177, 59288, 467
106, 715
16, 624
14, 5074,692
1012,0712,806
•1,36325
.0206
26.00
• Revised.* New series. For earlier data, see p. 20 of the January 1933 issue (price series). Earlier figures on bathroom accessories and convection type radiators not published,t Represents a subsequent revision for the year 1932. January 1,485; February 1,481; March 1,433; April 1,260.#In equivalent direct radiation.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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July 1933 SURVEY OF CURRENT BUSINESS 47
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
M a y
1932
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
METALS AND MANUFACTURES—Continued
IRON AND STEEL—ContinuedSteel: Crude and Semimanufactured-
ContinuedPrices, wholesale—Continued
Structural-steel beams (Pittsburgh)dolls, per lb_.
Steel scrap (Chicago).dolls, per gross ton. .U.S. Steel Corporation:
Earnings, net thous. of dollsOrders, unfilled, end of month
thous. of long tons..
Steel: Manufactured ProductsBarrels, steel:
Orders, unfilled, end of month number.Production number.
Percent of capacityShipments number-Stocks, end of month number-
Boilers, steel, new orders:Area thous. of sq. ft.Quantity number of boilers.
Furniture, steel:Business group:
Orders:New thous. of dolls.Unfilled, end of month..-thous. of dolls.
Shipments thous. of dolls.Shelving:
Orders:New .thous. of dolls.Unfilled, end of month. ..thous. of dolls.
Shipments .thous. of dolls.Safes:
Orders:New ..thous. of dolls.Unfilled, end of month..-thous. of dolls.
Shipments thous. of dolls.Lock washers, shipments thous. of dolls.Plate, fabricated steel, new orders, total
short tons.Oil storage tanks short tons_
Sheets, black, blue, galvanized, and full fin-ished:
Orders:New short tons.Unfilled, end of month short tons.
Production, total .short tons.Percent of capacity
Shipments short tons..Stocks, end of month, total short tons..
Unsold stocks ..short tons.Structural steel, fabricated:
Orders, new _.. _ ..short tons.Percent of capacity
Shipments short tons..Percent of capacity
Tin and terne plate: *Production . . . thous. of long tons..
Track work, production short tons..
M A C H I N E R Y A N D A P P A R A T U SAir-conditioning equipment:
Orders, new, total thous. of dolls..Air-washer group thous. of dolls..Fan group thous. of dolls..Unit-heater group thous. of dolls..
Electric overhead cranes:Orders:
New thous. of dolls..Unfilled, end of month thous. of dolls..
Shipments thous. of dolls..Electrical equipment. (See Nonferrous met-
als.)Electric hoists:
Orders, new:Quantity no. of hoists..Value . .dollars. .
Shipments . . .dol lars . .Exports, machinery. (See Foreign Trade.)Foundry equipment:
Orders:New 1922-24=100..Unfilled, end of month 1922-24=100..
Shipments 1922-24=100..Fuel equipment:
Oil burners:Orders:
New no. of burners . .Unfilled, end of month . . .no . of burners. .
Shipments no. of burners. .Stocks, end of month .no. of burners. .
Pulverized fuel equipment:Orders, new, central system:
Furnaces and ki lns . . .no . of pulverizers..Water-tube boilers no. of pulverizers..
Orders, new, unit system:Fire-tube boilers no. of pulverizers..Furnaces and k i lns . . .no . of pulverizers..Water-tube boilers no. of pulverizers..
.01608.45
1,930
614, 214465,418
33.9467,695
21, 773
396328
552413512
171173167
100190
16, 2432,858
144,192136, 592139,696
43.1119,159
51,295
1451,768
580106308167
25.616.824.5
3,562675
3,4137,815
.01606.40
2,177
977,857434, 092
30.0432, 45535,817
245263
634478653
152217196
120220115102
11, 7882,360
91,41485, 22896,180
25.8106, 893121, 36674,966
90,80023
73, 60018
3,061
795111414270
4739648
32,37941, 798
18.519.724.5
4,899544
4,86710,067
.01605.69
d3,363
2,035
790,623651,916
45.0654,56133,172
322328
655462672
187226177
10218014378
18,3832,808
85,19185,19585, 232
22.890,157
121,94674, 642
86,80022
83, 20021
1011,975
997267452278
6142530
11639,40943, 693
14.223.111.1
4,371473
4,44210,137
00
40
12
.01604.88
1,966
729, 669352,614
24.6353,33632,450
351331
554493522
114185155
1162078958
12,4853,661
66, 30177,43260,956
16.373,191
114,51868,450
69,20017
83, 60021
831,890
57848
332198
13422
18
4917, 37115, 685
18.725.816.5
4,688568
4,5939,850
00
007
.01605.75
1,970
617,165362,993
26.0360, 50934,934
291403
574524543
125169141
12921911843
11,9164,394
66,13281, 28357,417
15.361, 284
107, 68058, 651
78,80020
85,60021
751,797
54635
290221
37401
51
7834,62728,099
18.615.229.8
7,319647
7,2409,645
00
105
.01606.25
d 4,475
1,985
613,373395,640
28.4398, 24132,333
467443
551536578
153180146
9721410250
11,1093,753
78,92586,57089,817
23.975,490
107, 62458, 797
111, 20028
90,80023
771,430
63238
334260
6741461
6325,25933,122
11.917.610.2
11, 6211,071
11,1978,319
00
003
.01606.00
1,997
475,318422,637
30.2417,47037, 500
232379
577582622
144181142
9420010852
16, 7375,941
94, 65690, 707
108, 11128.7
92,424105,83360, 257
74,40019
86,40022
881,245
73948
360331
3122242
6926,82931,810
23.224.417.6
12,036939
12,1686,772
00
00
10
.01605.93
387,050373,190
26.7376, 64734,043
316301
577577582
139194125
9819110766
7,8731,446
66,27477,33990, 679
26.676,866
103,32160,177
51, 60013
76, 00019
821,765
67072
287311
3620943
7826,26628,772
11.822.414.5
3,920464
4,3956,935
.01605.25
d 3,828
1,968
330, 359300,570
21.6307,37227,160
156215
589551611
153142135
102
11665
9,5103,154
76,96284,39077,489
22.767.41294, 65857.413
145,60036
68,80017
801,845
55493
230231
1222029
4618,79222,102
18.613.324.7
3,371779
3,0747,812
.01605.25
1,899
275,354292,201
21.0292,60926,752
218197
552521583
106127121
841718282
11,1281,501
75,61577, 50985,337
25.979,23494,78354, 831
851,984
41162
209141
1317744
68.458.523.2
1,694646
1,8277,813
.01605.25
1,854
453,083269, 755
19.7272,43224,075
128176
449505464
117139104
112
16, 5888,347
80, 55083, 76091, 723
27.872,772
100, 68857,296
1,822
34541
186118
21189
16.160.014.6
1,956311
2,0197,534
.01605.25
d 3, 795
1,841
510, 737373, 340
27.2371,94525,470
245193
419442482
142143138
11720910659
822,013
35060
187103
19632
9.850.419.7
2,878615
2,5747,162
.01606.00
1,865
526,491401,086
29.2402, 50624,050
225235
447374405
160169134
84
11790
8,9031,270
83,29591,99364, 724
19.674, 88095, 60652,199
« 9, 5022,983
118, 594111,311111,942
34.5100,35391, 85947,815
941,662
41280
23597
39228
7
19.414.755.1
2,755526
2,8447,526
1 Revised. d Deficit for quarter. " New series. For earlier data see p. 20 of the December 1932 issue.
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48 SURVEY OF CURRENT BUSINESS July 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1932
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January **£* March April
METALS AND MANUFACTURES—Continued
MACHINERY AND APPARATUS-Con.
Fuel equipment—ContinuedStokers, mechanical, new orders:
Class 1, residential * number..Class 2, apartment and small com-
mercial * _ .number..Class 3, general commercial and small
commercial heaters * number..Class 4, large commercial: *
NumberHorsepower
Machine tools:Orders:
New 1922-24=100..Unfllled, end of month 1922-24=100._
Shipments 1922-24=100..Pumps:
Domestic, water, shipments:Pitcher, hand, and windmill units. _Power, horizontal type— units..
Measuring and dispensing, shipments:Gasoline:
Hand operated units..Power units..
Oil, grease, and other:Hand operated units..Power ..units..
Steam, power, and centrifugal:Orders:
New thous. of dolls..Unfilled, end of month...thous. of dolls..
Shipments thous. of dolls..Water-softening apparatus, shipments, .units. _Water systems, shipments units..Woodworking machinery:
Orders:Canceled _ thous. of dolls..New _ _ thous. of dolls..Unfilled, end of month thous. of dolls..
Shipments:Quantity machines..Value thous. of dolls..
NONFERROUS METALS ANDPRODUCTS
MetalsAluminum:
Imports, bauxite ..long tons..Wholesale prices:
No. 1, virgin, 98-99, N.Y dolls, per lb._Scrap, cast, N.Y dolls, per lb._
Babbitt metal:Production, total thous. of lb..
For own use.. thous. of lb_.Sales thous. of lb._
Copper:Exports, refined§ short tons..Imports, total§ short tons..
Ore and blister short tons..Price, electrolytic, N.Y ..dolls, per lb._
Gold. (See Finance.)Lead:
Ore:Receipts in U.S. ore short tons..Shipments, Joplin district short tons..
Refined:Imports short tons..Price, pig, desilverized, N.Y-.dolls. per lb_.Production... short tons..Shipments, reported._ short tons..Stocks, end of month short tons..
Silver. (See Finance.)Tin:
Consumption in manufacture of tin andterneplate * long tons..
Deliveries.. ..long tons..Imports, bars, blocks, etc long tons..Price, Straits, N.Y dolls, per lb__Stocks, end of month:
World, visible supply long tons..United States long tons..
Zinc:Ore, Joplin district:
Shipments.. short tons..Stocks, end of month short tons..
Price, slab, prime, western (St. Louis)dolls, per R^-
Production, total (primary) short tons._Retorts in operation, end of mo number..Shipments, total short tons..
Domestic short tons..Stocks, refinery, end of month...short tons..
Electrical Equipment
Conduit, nonmetallic, shipments.-thous. of f t . .Delinquent accounts, electrical trade. (See
Domestic trade.)Furnaces, electric, new orders ki lowatts . .
« Revised.• New series. For earlier data see p . 19 of the January 1933 issue (stokers) and p . 20 of December 1932 issue (tin consumption).§ Data for 1932 revised. For revisions for full year 1932 see p . 48 of the June 1933 issue.
357
19
42
9323,212
283323
30, 755496
2,4506,088
32,849497
5111,126
474215
5,605
3272290
149191
18, 345
.2290
2,111325
1,786
10,97611,1209,889.0670
2,772
20.0365
19, 40528,197
197.109
2,2604,8355,725.3591
41, 8833,036
13,86918,108
.038121,73023, 56927, 54327, 543
136, 634
2,303
688
293
33
16
6912,689
396532
19, 532527
2,9376,693
39,479675
4881,693
516286
6,209
4165248
120152
19,235
.2290
.0362
1,346398948
16,85218, 2427,110.0524
23, 5781,277
1,626.0300
25,90225,105
174, 452
1,5003,1353,725.2095
50, 5623,981
13, 46984, 581
.025318, 60520,85018,05018,050
132, 575
1,865
427
312
43
14
11325,096
377622
23, 712747
3,0806,883
36,707532
4411,559
571237
6,769
4163237
126174
16, 386
.2290
.0303
1,319461858
10, 67928,13915, 719.0515
24, 584952
5,534.0299
26,06822,295
181,044
1,6003,5403,234.1964
48,9453,759
13,99274,069
.027816, 42318, 74214,97114, 951
134, 027
1,272
1,792
432
44
46
11425,068
257627
18,680388
2,5735,619
21,965366
3911,450
493154
5,441
1162289
113114
15,844
.2290
.0300
1,276405871
7,5764,9364,936.0505
20, 939976
5, 470.0275
15,81920, 448
180,978
1,4002,2653,098.2093
49,1254,559
7,74570, 454
.025414, 71618,29512, 84112, 841
135,902
1,129
220
757
143
82
13726,056
287830
19,983412
2,4115,697
23, 752751
3871,369
437185
5,818
1139249
195173
10,809
.2290
.0300
1,320325994
8,2408,3297,881.0522
20, 333770
381.0324
17,11829,624
175,907
1,2002,5852,399.2296
47,1774,459
7,19267, 902
.027613,61114, 51416, 36016, 321
133,153
1,180
106
1,248
200
100
16629,139
296043
22, 595324
1,7314,316
28, 3051,647
4371,333
450263
5,088
2187256
114175
11,008
.2290
.0300
1,406298
1,108
15,8217,0676,277.0598
20,4211,346
5, 563.0347
20,49827, 682
173,159
1,1002,6802,668.2476
47, 7394,191
12,03264,136
.033213, 26014,91520, 63820, 618
125, 775
1,877
100
1,299
167
102
11720,819
274145
14,247334
1,8134,692
25,105972
3871,310
399217
3,999
161221
153193
11,553
.2290
.0315
1,573381
1,193
8,3186,6366,609.0573
20,7552,615
1,220.0305
21,09231,045
171,445
1,4003,1303,063.2392
47, 0484,291
24, 71551, 201
. 030315, 21717, 36919,15219,132
121,840
1,984
591
709
89
50
9113,283
324229
12,415331
1,6814,442
30,031493
3681,193
378185
3,188
5147195
134164
10,481
.2290
.0400
1,265321945
5,8394,9444,944.0513
21, 2451,990
1,113.0305
24, 46523, 065
175, 532
1,3003,2402,582.2332
47,4713,441
22, 28042,891
.030916,07819, 75315,97015,950
121,948
1,705
620
521
55
64
9818,375
364532
12,772256
1,0802,941
20,408355
3591,051
494182
2,258
11167171
159175
9,546
.2290
.0400
1,149326824
9,82610,3019,604.0481
25,4652,298
480.0300
21,17324, 089
176,157
1,3002,6453,786.2269
45, 7964,496
23,94837, 500
.031218,65321,02315, 74515, 725
124,856
1,045
334
251
24
33
6312,248
324926
17,819258
1,1442,974
14,754401
2771,012
310208
3,533
2124179
100111
10,777
.2290
.0400
1,346272
1,074
12. 5678, 7688,187.0478
22, 5801,887
200.0300
24, 61519,030
184, 693
1,3603,7252,802.2270
44, 2233,461
30,87524,515
.030219,82822, 66015, 04015, 000
129, 644
1,341
205
307
27
29
5511,113
153527
18, 303269
9653,221
14,918290
4241,103
318190
2,908
5113187
10498
11,176
.2290
.0400
1,178260918
12, 5158,0048,004.0478
22, 2991,915
2,531.0300
20, 03317,349
189, 751
1,4003,0452,262.2350
43,1602,741
22, 26218,343
.026720,07623,38915, 28015,280
134,440
1,622
247
I
252
18
22
8416, 550
132822
19,073303
1,4184,048
15, 651367
4041,066
434171
2,778
97201
6381
10,974
.2290
.0400
1,135193942
12,1398,5638,548.0501
24,0372,298
66.0315
24,68421,950
194.251
1,3103,3302,830.2434
43, 5282,281
10,97619,987
.029922, 09522,37516,15616,156
140,379
846
211
218
15
5713, 599
162720
22, 778350
1,7454,925
20,958576
4661,093
435167
3,706
2138205
82132
4,807
.2290
.0416
1,544274
1,270
10, 6447,2145,423.0540
17, 8352,552
183.0326
23,385« 25,378196,827
1,4604,5554,274.2715
42, 5412,040
19,83017,167
.033021,44922, 40519,38119,336
142,447
1,091
2,157
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
![Page 51: Survey of Current Business July 1933 - FRASER...of Labor estimates the number of unemployed in June at over eleven and a half million. Available indexes of consumer purchasing indicate](https://reader034.vdocument.in/reader034/viewer/2022050310/5f71dd9db1cf5a041f318508/html5/thumbnails/51.jpg)
July 1933 SURVEY OF CURRENT BUSINESS 49
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1932
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
METALS AND MANUFACTURES—Continued
NONFERROUS METALS ANDPRODUCTS—Continued
Electrical Equipment—ContinuedE ectrical goods, new orders (quarterly)
thous. of dollsLaminated phenolic products, shipments
dollars..Mica, manufactured:
Orders, unfilled, end ofmonth thous. of dolls..
Shipments.. thous. of dolls..Motors (direct current):
Billings (shipments) .dollars..Orders, new _ dollars..
Panel boards and cabinets, shipmentsthous. of dolls. _
Porcelain, electrical, shipments:Special.. dollars..Standard _ dollars..
Power cables, shipments thous. of ft..Power switching equipment, new orders:
Indoor. .dollars..Outdoor dollars..
Radiators, convection type. (See Iron and steel.)Reflectors, industrial, sales. _.units_.Vacuum cleaners, shipments .number..Vulcanized fiber:
Consumption 1__thous. of lbs..Shipments _ thous, of dolls..
Welding sets, new orders:Multiple operator units..Single operator _ units..
Miscellaneous ProductsBrass and bronze (ingots and billets):
Deliveries net tons..Orders, unfilled, end of month net tons..
Brass, plumbing:Shipments * number oi pieces.
Brass sheets, wholesale price, milldolls. perlb._
Copper, wire cloth:Orders:
Make and hold-over, end of monththous. of sq. ft..
New __ ..thous. of sq. ft—Unfilled, end of month thous. of sq. ft..
Production ..thous. of sq. ft—Shipments thous. of sq. ft—Stocks, end of month. ..thous. of sq. ft—
Fire-extinguishing^ equipment. (See auto-mobiles.)
560,582
246
23,16135, 936
32,142
1,357285
294
3,80416, 712
.122
486584381271281760
386,001
5761
219, 293203, 503
156
34,80519,488
592
17,87652,388
32, 32739,068
753216
470
1,70717,760
749,424
.123
56420093194222950
444, 588
5555
175,105169,691
188
25,47915,030
684
17,69552,695
33,16330,299
1,92018,186
748,916
.120
53520971213197949
327,913
48
191,601149,407
176
22,46815,295
646
15,47250,108
22,06121,697
494208
071
1,39717,421
604,154
.120
501253126199241
284,779
4449
163,242134,651
193
32,07419,121
22,06448,058
35,09430,088
664203
288
1,75818,790
641,498
.120
533310117281283878
75,319
375,849
4947
160,016137,704
179
37,25720.820
544
20,31645,139
37,73633.821
753255
070
2,11218,336
789,862
.124
525309103299306865
456,720
5156
129,488124,546
142
49,05122, 688
420
13,34526,216
38,45338, 000
1,047260
064
1,96917,002
837, 258
.125
503288103308276901
379,687
4665
150,283146,813
147
42, 66415, 715
343
15,34338,000
35,32736,178
903245
1,64616, 648
637,923
.125
506301115289275800
73,881
325,004
4556
186,285133,950
173
29,00711,450
282
17,70358,618
29,69938,727
948188
1101
1,49216,373
446,608
.125
507249130253227921
299, 259
4658
108,87183,679
191
20,31014,721
254
19,79942,173
27,66828,462
876204
1,26115,934
493,477
.110
487275106241257
294, 230
2950
'136, 566168, 266
146
27,89715,770
439
25,09633, 784
25,95230,106
811192
1,42114,952
585,796
.110
518257110220220863
311,439
2848
150, 571141,313
137
38,31117,188
285
10, 81236,482
25,38143,340
874187
157
1,58615,991
563,660
.110
542317118267265832
391,055
3453
128, 786118,359
157
25,72217,197
288
17,35674,979
30,22337,934
206
170
2,27416,408
.115
549281102256238845
PAPER AND PRINTING
WOOD PULPChemical:
Consumption and shipments totalshort tons.
Soda. ___ short tons.Sulphite, total short tons.
Bleached short tons.Unbleached short tons.
Sulphate __ .short tons.Other grades ..short tons.
Imports§ _ short tons..Price, wholesale, sulphite, unbleached
dolls, per 100 lbs..Production, total__ short tons.
Soda ..short tons._Sulphite, total— short tons—
Bleached short tons..Unbleached short tons.
Sulphate .short tons.Other grades short tons—
Stocks, end of month, total short tonsSoda ..short tons—Sulphite, total short tons.
Bleached short tons.Unbleached _ short tons.
Sulphate.. _ short tons.Other grades short tons.
Mechanical (ground wood):Consumption and shipments short tons..Imports _ short tons..Production _ .short tons._Stocks, end of month.. .short tons..
PAPERTotal paper, incl. box board and newsprint:
Production short tons—Percent of capacity _
Shipments... short tons—Stocks, end of month short tons—
Book paper:Orders, new:
Coated percent of normal production..Uncoated...percent of normal production..
82,176
1.53
18,084
53
151,87621,900
101,41635,67219,12228,058
50266, 555
1.58155,83022,676
102,73835, 24019,97629,652
76435,740
3,70627,0925,8146,8184,488
454
105,84213,115
112, 325109,918
505,99859
518,522420,535
137,84216,44692,87031,39417,57628,030
49671, 692
1.58147,03817,89298,68232,12421,55630,096
36838,830
4,41829,5586,5447,4524,528
98,46014,16992,452
103,911
481, 63356
499,146430,519
132,87617,28488,12029, 27617,46626,936
53661,127
1.58134,77416,192
27,48021,40829,042
558
3,89627,4124,7487,1864,646
81,14811,62673,00695,769
447,36452
505, 336408,278
151,50221,19099,40430,13822,36430,034
87473,721
1.58151, 63220,09499,64430, 54624,01231,162
73234,1843,498
26,7685,1566,9503,712
206
91,772
77,39781,394
494,56955
528,413403,472
157,20221,106
103,36834,78422,75632,076
65278,095
1.58159,02819,852
103, 58635,94023,58234,840
75032,0202,942
24,6946,3126,4844,080
304
89,43717,89674,99866,955
496,49260
551,460381,665
172,76421, 274
111, 60237,15824,59039,294
594119,612
1.58175,61021,102
111, 452
26,42442,366
69030, 5343,504
22,3786,1406,1524,252
400
92,23517,87685, 57360,294
542, 24762
574,761359,847
163,45420,572
107, 68434,97223,64634,736
462142,363
1.58164,85619,604
108,15234,90624, 23836,604
49629,1483,224
21,8466,0745,7443,644
434
98,10224,95697,64658,457
500,37958
517,611366,685
143,14016,91096,03632,46618,01029,596
598146,289
1.53144,15016,44895,03631, 55817,91631,992
67428,624
3,31820,4645,1665,2683,822
510
91,70617,40390,78057,531
462,47052
472,198363,962
43
159,26820,580
108,02243,31422,74430,040
626138,971
1.53165,18219,934
111,61041,96427,28833,080
55854, 5362,840
46,74423,11613,6024,510
442
81,3828,210
78,66552,028
454,61853
479,892349,389
163,36620,066
113,32644,50024,27429,290
68498,431
1.53162, 71018,978
112,60241,42228,00830,466
66450,1282,368
43,68020,03814,9963,658
422
76,1715,594
73,98549,842
58
78,921
1.53
9,064
62,409
1.53
7,949
4947
* New series. Data prior to October 1931 not published. § Data revised for 1932. For revisions for full year 1932 see p. 49 of the June 1933 issue. a Revised.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
![Page 52: Survey of Current Business July 1933 - FRASER...of Labor estimates the number of unemployed in June at over eleven and a half million. Available indexes of consumer purchasing indicate](https://reader034.vdocument.in/reader034/viewer/2022050310/5f71dd9db1cf5a041f318508/html5/thumbnails/52.jpg)
50 SURVEY OF CURRENT BUSINESS July 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1932
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary
March April
PAPER AND PRINTING—Continued
PAPEE—ContinuedBook paper—Continued
Orders, unfilled:Coated number of days' production..Uncoated number of days' production..
Production short tons..Percent of capacity
Shipments. short tons..Stocks, end of month short tons..
Box board:Consumption, waste paper short tons..Orders:
New short tons—Unfilled, end of month short tons..
Production short tons „Operations, percent of capacityShipments short tons..Stocks, end of month short tons..Stocks of waste paper, end of month:
At mills short tons..In transit and unshipped purchases
short tons..Newsprint:
Canada:Exports._ short tons..Production short tons..Shipments from mills. short tons..Stocks, at mills, end of month_short tons..
United States:Consumption by publishers...short tons..Imports.. short tons..Price, rolls, contract, destination, N.Y.
basis dolls, per short ton..Production, total... short tons..Shipments from mills short tons..Stocks, end of month:
At mills... short tons..At publishers—_ short tons..In transit to publishers short tons..
Writing (fine) paper:Production _.short tons..
Percent of capacity.. -Shipments short tons..Stocks, end of month short tons..
Wrapping paper:Production short tons..
Percent of capacityShipments short tons..Stocks, end of month short tons..
AH other grades:Production short tons..Shipments short tons..Stocks, end of month short tons..
PAPEE PRODUCTSAbrasive paper and cloth, shipments:
Domestic reams..Foreign reams.
Paper board shipping boxes:Operating time, total percent of normal.
Corrugated percent of normal.Solid fiber percent of normal.
Production, total thous. of sq. ft..Corrugated thous. of sq. ft—Solid fiber thous. of sq. ft..
Rope paper sacks shipments* 1930-31 = 100..
PEINTINGBlank forms, new orders thous. of sets..Book publication, total...number of editions..
New books number of editions..New editions number of editions..
Operations (productive capacity).—1923 ==100.Sales books:
Orders, new thous. of books—Shipments. thoas. of books..
168, 719171,776165, 52043,428
160, 773157, 314
40.0079, 51677,196
23, 560137,451
24, 290
53,1877,675
95
59,226530477
53
10, 3809,572
94,73265
112,85379,975
163,746
166,39531,391
170,38353.0
167,61181,154
168,915
27,992
151,758173,279170,642
a 52,971
152, 321175, 876
53.00*86,890* 88,126
<* 34,358182, 50731,692
26, 29452
25, 53155,906
58,06066
57, 65472, 686
68,44266, 34895, 658
41,0596,657
717365
446,455360,83885,617
76
33,34858948810177
8,4899,261
33
86,30159
109,91983,414
164,808
166,12929,802
171,09351.0
167, 72884,501
153, 663
26,145
155,896161,368164,31050,029
138, 204145,992
53.0085,39984, 255
35, 502186, 67225,361
21,97043
22,93754,934
49, 78256
50,92771, 533
67,08863, 380
100,635
37, 7357,079
646560
431,167344,51386,654
76
525450
7570
8,9148,995
44
73,70152
114,97579,494
170,656
161,77723,192
164,35250.5
169,77679,922
160,118
29,775
131,780142,491145,43147,017
131,823138,856
53.0074, 50276,857
33, 369182,725
28, 561
21,81845
23,54251,814
52,00061
53, 30070, 228
60,99166,88693,451
33, 3126,017
565948
399,160336,53062,630
95
37,259733641
92
8,3958,271
35
84,75646
116, 58578,063
163,909
182,70135,864
173,80551.5
171,48681,805
151,343
23,897
152,761157,919154,88150,029
123,873147, 669
53.0079, 52977,340
35,982188,43623,195
23,80345
24,16051,446
60,47966
59,87470,825
72,19778,96885,351
34,8355,867
48436,358371,427
64,931108
41,06160950410563
7,8799,128
83,40051
118,10076,814
196,910
205,78353,331
180,42161.4
188,10374,237
174,756
26,666
119,277150,691142,63348,062
127,425133,830
51.2570,62173,234
33,095181,61326,191
25, 79053
26, 51250, 719
60,18271
65,71964, 561
76,07879, 79280,818
39,8976,532
717657
447,032405,922
71,110115
41,252806655151
8,5758,704
60123,06072,436
228,116
199,11948,536
201,77761.6
203,93272,083
160,794
30,448
148,935157, 506157,56848,411
144,993148, 291
45.0076,73176,922
32, 790165,45929,586
27,12354
27,42149,940
68, 33377
74,96157,963
79, 29568,46574, 635
42, 2975,574
798365
508,182436,406
71, 776125
40,3961,090
912178
10,1909,082
35
87,11959
116,78477,289
197,306
163,12833,575
179,09458.1
178,18972,491
172,693
31,325
153,569161,334164,32745,461
145,889155,499
45.0081,66283,922
30, 581171, 798
28, 758
24, 54649
24,32550,156
59,14967
58, 20358,903
56,18877,265
35,4245,331
656952
409, 736345, 756
63,980112
38,36470059510567
8,4768,874
34
86,85859
115,61678, 294
155,729
152,80733,490
157, 35745.7
152,87476,173
160,600
24,370
136,993138, 682140,770
42, 337
132,761135,430
45.0080,07579,002
21,783172,27224,171
21, 23342
21,31850,063
50,00557
48,90559, 554
66,94254, 48378,095
28,1256,522
7,6459,068
44
83,90558
121,62870,778
158,458
157,245
154,49748.2
154,280
76,473
173,415
26,481
127,779140, 539133,05649,837
127,446130,917
45.0074, 35672,637
23, 502166,95424,601
25,37149
26, 56350, 099
52,05462
51,95057, 240
64,43552,83471,297
37.6484,412
586244
361,871306,447
55,424120
50,35087570716866
566239
376, 200314,084
62,116106
46,602457390
6766
9,7357,920
85,58364
119,07474,671
107,446124,788120,094
54, 515
116,30794,908
45.0067,665
23,363157,489
27, 347
25,19153
25,46848,984
49,04263
49, 23857,375
65, 28352,73172, 246
35,8786,832
606543
398,014329,13368,881
81
45,05367957610370
7,9077,653
138,005137,078140, 69450,872
123,402114, 500
45.0076, 52177,933
23,005149, 97123,691
32,4126,829
586147
380,452306,667
73, 785112
53,33776662114562
7,3998,048
113,139148,377161,040
37, 232
132,032139,213
40.00<* 74, 534o 76,085
21,171139,63727,066
40, 4685,478
657147
460,970385,117
75,853124
46, 508805637168
9,9028,570
RUBBER AND RUBBER PRODUCTS
CRUDE AND SCEAP EUBBEE
Crude:Consumption, total long tons..
For tires long tons..Imports, total, including latex§._.long tons—Price, wholesale, smoked sheets, N.Y.
dolls, per lb_.Shipments, world__ long tons..Stocks, world, end of monthf long tons..
Afloat, total long tons..For United States long tons—
London and Liverpool.- long tons..British Malaya long tons—United Statesf-- long tons..
Reclaimed rubber:Consumption long tons..Production long tons..Stocks, end of month long tons—
Scrap rubber:Consumption by reclaimers. long tons..
• Revised, t For revised data for year 1932 see p. 50 of May 1933 issue,year 1932 see p. 50 of the June 1933 issue.
38,785
26,736
.04957,000
611,00074,17754,177
101,00069,000
370, 311
5,7507,8649,065
26,86114,29334,323
.03160,929
629,11080,93663,066
116,10688, 672
343,396
4,7954,773
13,411
35,98721,62641,117
.02756,620
593,60174,08953,849
109,59768,855
341,060
5,5545,626
11,978
19,045
26,01014,71532,524
.02859, 530
579,19568,55847,368
106,17262,887
341,578
4,0545,146
11, 596
20,58212,64633,989
.03656,327
595,78274,80853,558
104,40866,134
350,432
3,4613,101
10,387
20, 69210,399
.29, 280
.03959,683
599,76178,77557,735
103,19564,321
353,470
4,1365,0439,982
16, 229
19,33710,34035,806
.03454,403
604,00869,24050,220
100, 00168,836
365,931
4,3406,2759,877
20,1579,388
29,620
.03457,976
611,30174,50554, 50596,32471,441
370,577
4,1356,2159,973
15,6317,408
32,016
.03356,700
621,07871,14751,14791,12177,024
379,000
3,1355,345
10,794
19, 512
19,92810,37630,663
.03359,000
614,85160,67440,67489,26774,590
385,354
3,5604,983
10,733
18,8259,587
22,969
.02954, 500
618,29965,12341,12392,15371,677
386,686
3,2294.303
10,936
15, 7018,179
28,475
.03056,900
622,14260,91436,91494,65867,583
395,987
2,5563,617
10, 227
14,132
22,81713, 55521,034
.03655,000617,49065, 43138,43195,15166,911389,997
3,2614,3409,484
' New series. Earlier data not published. § Data revised for 1932, for revisions for full
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
![Page 53: Survey of Current Business July 1933 - FRASER...of Labor estimates the number of unemployed in June at over eleven and a half million. Available indexes of consumer purchasing indicate](https://reader034.vdocument.in/reader034/viewer/2022050310/5f71dd9db1cf5a041f318508/html5/thumbnails/53.jpg)
July 1933 SURVEY OF CURRENT BUSINESS 51
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1933
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
RUBBER AND RUBBER PRODUCTS—Continued
TIRES AND TUBESPneumatic casings:
Production .thousands.Shipments, total thousands-
Domestic thousands-Stocks, end of month thousands-
Solid and cushion tires:Production - thousands-Shipments, total thousands-
Domestic thousands-Stocks, end of month thousands-
Inner tubes:Production thousands-Shipments, total thousands-
Domestic thousands-Stocks, end of month— thousands.
Raw material consumed:Fabrics thous. of lb_Crude rubber. (See Crude Rubber.)
MISCELLANEOUS PRODUCTS
Rubber bands, shipments thous. of lb..Rubber clothing, calendered:
Orders, net—number of coats and sundries..Production—number of coats and sundries..
Rubber-proofed fabrics, production, totalthous. of yd
Auto fabrics thous. of yd..Raincoat fabrics thous. of yd..
Rubber flooring, shipments...thous. of sq. ft—Rubber and canvas footwear:
Production, total thous. of pairs..Tennis thous. of pairs..Waterproof thous. of pairs
Shipments, total thous. of pairsTennis _ thous. of pairsWaterproof thous. of pairs..
Shipments, domestic, total.-thous. of pairs._Tennis _ thous. of pairs..Waterproof thous. of pairs..
Stocks, total, end of month—thous. of pairs..Tennis thous. of pairs..Waterproof thous. of pairs..
Rubber heels:Production thous. of pairs..Shipments, total* thous. of pairs..
Export thous. of pairs..Repair trade.. thous. of pairs..Shoe manufacturers thous. of pairs..
Stocks, end of month. .thous. of pairs..Rubber soles:
Production—- —- thous. of pairs..Shipments, total* thous. of pairs..
Export.__ -__ _--thous. of pairs..Repair trade.. thous. of pairs..Shoe manufactures thous. of pairs. _
Stocks, end of month thous. of pairs..Mechanical rubber goods, shipments:
Total _ thous. of dolls..Belting thous. of dolls..Hose thous. of dolls..Other thous. of dolls..
247
9,80819,392
467
365
3,0563,4063,3257,503
35
2,7273,0943,0357,131
12,045
187
12,50312,886
1,748197556399
4,5183,4851,0335,0494,603446
4,9664,530436
17,8796,16311,716
10, 25910, 270
2753,6516,34528, 782
2,4882,703
4151
2,5492,434
2,542420
1,131991
4,5158,2938,2123,700
11222223
4,2237,3947,3363,943
17,480
180
10,43315,333
2,243308744546
4,429
1,5314,3453,839506
4,2853,786499
17,9625,22212,741
11, 29912, 304
2663,7088,330
27, 736
2,4612,500
5133
2,3622,374
2,672526
1,0951,051
2,8931,9231,8454,962
107725
2,3501,7281,6744,780
11,707
160
9,10926,849
2,013224
1,003329
2,3211,1971,1242,9851,7781,2062,9421,7551,18717,3174,64112,676
10,141261
2,4497, 43227,397
2,4192,407
14113
2,2802,308
2,024524734766
2,4712,1242,0655,327
88725
2,1992,0021,9664,902
10,116
199
13,32128,284
2,952268
1,489434
3,5761,3752,2013,3421,2082,1343,2721,1752,09617,3584,61512, 743
11, 07314,395
1874,2609,94824,449
2,5992,660
12140
2,5082,373
2,152563785804
2,0312,4662,4114,877
724
2,0812,4782,4404,602
8,417
210
31,57722, 770
4,510301
2,719421
3,7671,1902,5774,6411,2493,3934,5891,2263,36316,4834,55611,928
14,20518,000
2975,52012,18320, 534
4,0544,353
7215
4,1312,024
1,975456706813
2,0551,4391,3855,501
677
24
1,7491,3271,2924,971
8,345
315
35,41735,306
4,918404
3,065
4,1391,0553,0845,234600
4,6345,189571
4,61815, 3885,01010,378
16, 73616, 222
2335,01210,97721,029
5,0814,792
4269
4,5192,168
2,192481844867
1,8431,3691,3065,964
523
1,6041,2631,2215,330
7,827
170
22,35338,704
3322,461307
5,0071,3853,6235,375454
4,9225,330422
4,90815,0385,9559,083
14,16213,188
1843,9669,03821,749
4,7804,420
5316
4,0992,559
1,990423709858
1,5861,4551,4056,115
75524
1,4231,3791,3485,400
5,993
138
6,82725, 759
1,772234707252
4,7821,6033,1794,813551
4,2624,773168
4,25415,0167,0168,000
12,43313, 641
2582,42310,96020,337
4,6475,265
6209
5,0502,369
1,992397780816
1,8062,0772,0115,789
7722
1,6752,0281,9894,957
7,899
189
11,57424,409
2,052221799188
3,7251,9131,8123,1561,8141,3423,1361,8011,335
15,3517,0088,343
13,14211,336
2092,433
21,808
4,2473,777
1275
3,5022,7662,060382730949
1,8711,8341,7645,902
721
1,7791,6821,6465,085
7,263
167
7,32716,330
2,146243616
3,2752,1851,0903,5372,2561,2813,5112,2451,26715,0886,9378,151
13,03010,888
2212,9097,75825, 267
4,0083,728
3362
3,3623,121
1,815352633830
1,6301,6741,6165,832
77621
1,5061,5221,4865,095
6,364
162
8,05820, 997
2,303134953307
3,2812,634647
3,3902,842548
3,3392,800539
14, 9656,7308,235
11, 22210, 761
1702,6777,91425, 549
3,9593,925235271
3,4193,302
2,018358302858
2,4992,9232,8745,419
720
2,2822,4412,4104,951
10,460
191
8,03714, 227
2411,275218
3,1722,636536
3,6723,230442
3,6373,202435
14, 4626,1358,326
10, 35312,383
2814,4417,66123, 740
3,1083,256
1
3,215
2,273371903
STONE, CLAY, AND GLASS PRODUCTS
9.25
350116169
2,860
1,580588
72606
3,877
1,4366,26627.4
6,74820, 0606,759
9.75
532208257
3,473
2,5752,469
1572,9194,897
1.3186,91330.2
8,02025,3949,922
9.75
518165263
3,387
6,6252,215
1212,5183,485
1.3537,92135.7
9,26424, 0438,877
9.69
493173223
3,288
5,8203,223
1942,0575,282
1.3577,65933.4
9,21822, 5127,889
9.30
477149258
3,196
5,9232,537
1762,5084,151
1.3887,83534.2
10,96819, 3987,175
9.25
424180228
3,177
2,2542,523
4551,8085,898
1.3888,21036.9
9,72917,8786,708
9.25
363200221
3,119
3,6502,187
3001,6684,813
1.3887,93934.6
8,74317,0846,093
9.25
351151134
3,091
8,050901
01,2314,477
1.3886,46229.1
4,78218,7885,938
9.25
3529885
3,133
5,75579882
8844,792
1.4244,248
18.52,835
20,2055,995
10.13
2923579
3,061
7,325606110
1,2334,622
1.4262,95812.9
2,50220,6246,092
9.25
3312450
3,030
4,812307
80778
4,020
1.4362,77713.4
2,27821,1256,422
9.25
3244494
2,975
3,675511
15861
3,501
1,4363,68416.1
3,51021, 298
« 6,890
BRICK #
Common brick, wholesale price, red, N.Y.dolls, per thous..
Face brick (average per plant):Orders, unfilled, end of mo.-thous. of brick..Production (machine)* .thous. of brick..Shipments... thous. of brick..Stocks, end of month* thous. of brick..
Sand-lime brick:Orders, unfilled, end of mo—thous. of brick..Production— -thous. of brick..Shipments by rail... thous. of brick__Shipments by truck thous. of brick..Stocks, end of month thous. of brick..
PORTLAND CEMENT
Price, wholesale, composite dolls, per bbl-Production thous. of bbl-
Percent of capacityShipments thous. of bbl-Stocks, finished, end of month..thous. of bbl..Stocks, clinker, end of month...thous. of bbL-
* New series. Earlier data not published on rubber heels and soles.t Adjusted for degrading and year-end physical inventories.# Census Bureau has comparative summaries for 2 months only on structural clay products.
9.25
35966
1312,911
2,77549250
7423,003
1,4364,183
18.94,949
20,5327,230
For machine production of brick see p. 20 of the June 1933 issue.
Series not comparable over 13-month period.Revised.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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52 SUEVEY OF CUKRENT BUSINESS July 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1933
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
STONE, CLAY, AND GLASS PRODUCTS—Continued
GLASSWARE, ETC.
Glass containers:Production thous. of gross
Percent of capacityShipments thous. of grossStocks, end of month thous. of gross..
Illuminating glassware:*Orders:
New and contract number of turns..Percent of full operation _ .
Unfilled, end of month..number of turns.Production:
Total number of turnsPercent of full operation __
Shipments:Total number of turns.
Percent of full operationStocks, end of month number of turns..
Plate glass, polished, production#thous. of sq. ft—
GYPSUM *
Crude (quarterly):Imports short tons..Production short tonsShipments (uncalcined) short tons.
Calcined (quarterly):Production . _ short tons
Calcined products (quarterly):Shipments:
Board, plaster (and lath)__thous. of sq. ft..Board, wall __ _ thous. of sq. ft.Cement, Keenes short tonsPlasters, neat, wood fiber, sanded,
gaging, finish, etc short tonsFor pottery* terra cotta, plate glass,
mixing plants, etc short tonsTile, partition thous. of sq. ft
TERRA COTTA
Orders, new:Quantity short tonsValue - . . thous. of dolls..
1,69349.1
1,9695,036
7,922
1,29772
2,02763.2
1,9015,759
1,563
1,318
1,357
1,29544.7
5,152
3,154
- —
88584
1,94560.6
2,0185,695
1,239
1,301
1,423
1,20441.5
5,301
5,140
103,844374,403153, 793
298,767
35,14771, 5654,029
230,645
20,4042,266
78163
1,67753.6
1,5515,824
1,142
1,458
1,059
94532.6
5,454
2,849
2,504194
1,66049.1
1,7575,724
1,020
1,455
885
1,12238.7
5,254
1,843
1,377118
1,46246.8
2,0275,167
1,164
1,485
782
1,08737.5
5,063
3,567
173,366423,139159,160
262,812
31,43552,4413,597
202,332
19,1301,842
67262
1,75053.8
1,7745,123
1,151
1,363
1,090
1,27944.1
4,799
4,120
79088
1,50846.4
1,4225,247
1,187
1,286
1,338
1,26043.5
4,852
4,718
1,36596
1,46244.9
1,3665,343
948
1,222
1,144
1 08337.4
4,946
4,268
80,366252,89196,374
199,083
22,95141,6632,634
155,603
18, 2191,393
1,18892
1,63651.3
1,7385,244
1,043
1,219
795
98634.0
4.480
6,188
1,306° 79
1,58551.8
1,5085,325
1,049
1,280
1,010
1,00635.4
4,397
4,955
29226
1,70449.5
1,6215,406
1,379
1,327
1,008
1,26744.6
4,388
4,881
197,73061,106
168,931
18,88242,4422,073
121,490
17, 2491,406
2,333198
1,56849.2
1,6825,305
1,300
1,390
1,161
1,22643.2
4,342
4,680
1,10567
TEXTILE PRODUCTS
CLOTHINGHosiery: *
Orders:New thous. of dozen pairs.Unfilled, end of month
thous. of dozen pairs.Production thous. of dozen pairs.Shipments, net thous. of dozen pairs.Stocks, end of month..thous. of dozen pairs.
Men's and boys' garments cut:Overcoats thous. of garments-Separate trousers ..thous. of garments.Suits. _ thous. of garments-
Rubber clothing. (See Rubber products.)
COTTON
Consumption t thous. of bales..Exports:
Quantity, exclusive of lintersthous. of bales. _
Value. (See Foreign Trade.)Qinnings (total crop to end of month)
thous. of bales.Imports. thous. of bales..Prices:
To producer dolls, per lb._Wholesale, middling, N.Y dolls, per lb._
Production, crop estimate thous. of bales..Receipts into sight thous. of bales..Stocks, end of month: t
Domestic, total mills and warehousesthous. of bales. .
Mills thous. of bales..Warehouses.. thous. of bales..
World visible supply, total thous. of bales..American cotton thous. of bales..
621
592
.082
.086
705
8,7161,3957,3219,0147,042
4,326
1,9373,7544,0729,047
381,8081,074
332
501
.052
.057
350
9,0781,4637,6158,7386,680
4,264
2,0823,9144,0278,903
501,795946
323
19
.046
.053
219
8,4721,3217,1518,2056,215
3,174
2,1963,009
9,243
1391,256974
279
449
.051
.058
107
7,1981,2186,7007,7935,894
5,595
3,3604,1174,3118,818
2851,6641,480
403
452
8657
.065
.074
516
7,6381,0906,5487,6025,751
6,693
4,0435,3465,7608,492
4822,0251,734
492
734
4,8357
.072
.077
1,826
9,0561,0877,9698,2516,534
4,4136,0036,0068,154
1,9471,565
502
1,008
9,2464
.064
.066
2,928
11,0941,2679,8279,4797,783
5,145
3,6175,6805,6458,070
5541,495964
504
1,012
11,6319
.059
.062
2,748
12,1341,457
10, 67710, 5188,884
4,185
2,8774,6954,7838,251
1721,1641,077
440
1,040
12,08611
.054
.059/13,0021,571
11,8801,53010,35010,5528,878
* 3,666
* 3,0066 4,1976 3,5166 9,010
61,390b 1,450
471
794
12,41821
.056
.062
1,065
11, 5161,49510,02110,5498,759
6 3,860
6 2,8266 4,0636 4,0476 9.010
6 26761,43661,850
442
557
16
.055
.061
591
10,8221,4429,38010,1828,403
6 5,006
6 3,1096 4,4086 4,7316 8,776
6 2166 1,6766 1,745
494
12, 71013
.061
.070
561
10,2501,3438,9079,7967,977
6 5,406
6 3,8926 4,2636 4,6036 8,469
6 1226 1,844M59a
471
436
7
.061
9,52ft1,3688,1529,5607,613
# Figures for 1932 represent total industry; 1933 figures incomplete. / As of Dec. 1.* New series. For earlier data on gypsum see p. 20 of the January 1933 issue. For hosiery see p. 19 of the April 1933 issue. Earlier data on glassware not published.f For revisions for the year ended July 1932 see p. 20 of the February 1933 issue.6 Partly estimated.
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July 1933 SURVEY OF CURRENT BUSINESS 53
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
M a y
1933
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
TEXTILE PRODUCTS—Continued
COTTON MANUFACTUBES
Cotton yarn:Carded sales yarn:
Orders, unfilled, end of mo...thous. of lb..Production (weekly average) .thous. of lb_.Stocks, end of month thous. of lb..
Prices, wholesale:22/ls, cones, Boston dolls, perlb. .40/ls, southern, spinning dolls, per lb..
Cotton goods:Abrasive cloth, (See Paper Products.)Cotton cloth:
Exports! thous. of sq. yd..Imports.. . thous. of sq. yd..
Fiber consumption for tires. (See Rubber andRubber Products.)
Prices, wholesale:Print cloth, 64 x 60 dolls, per yd..Sheeting, brown, 4 x 4 (Trion mill)
dolls, per yd..Cotton cloth finishing:
Printed only (mills and outside):Production thous. of yd..Stocks, end of month thous. of yd..
White, dyed and printed (outside mills):Billings (finished goods) thous. of yd..Operations percent of capacity..Orders, new, gray yardage...thous. of yd..Orders, unfilled, end of mo day's prod..Shipments (finished goods) aStocks, end of month (finished goods)
Spindle activity:!Active spindles thousands..Active spindle hours, total..mills, of hours..
Average per spindle in place hours._Operations. _ percent of capacity..
BATON AND SILKRayon:
Imports thous. of lb__Price, wholesale, 150 denier, "A" grade,
N.Y dolls, per lb_.Stocks, imported, end of month.thous. of lb—
Silk:D eliveries (consumption) bales _.Imports, raw thous. of lb—Operations, machinery activity:
Broad looms percent of capacity..Narrow looms percent of capacity. _Spinning spindles percent of capacity..
Prices, wholesale:Raw, Japanese, 13-15, N. Y.-dolls, per lb—Silk goods, composite dolls, per yd—
Stocks, end of month:World, visible supply bales..United States:
At manufacturers bales—At warehouses bales..
WOOL
Consumption, grease equivalent-.thous. of lb__Imports, unmanufactured! thous. of lb—Operations, machinery activity:
Combs _ percent of capacity..Looms:
Carpet and rug percent of capacity..Narrow —percent of capacity-Wide percent of capacity—
Spinning spindles:Woolen. percent of capacity—Worsted percent of capacity-
Prices, wholesale:Raw, territory, fine, scoured___dolls, per lb—Raw, Ohio and Penn. fleeces—dolls, per lb—Suiting, unfinished worsted, 13 oz. (at mill)
dolls, per yd—Women's dress goods, French serge, 54" (at
factory) _ _ dolls, per yd—Worsted yarn, 2/32s, cross-bred stock, Boston
dolls, per lb—Receipts at Boston, total thous. of lb__
Domestic thous. of lb._Foreign thous. of lb—
MISCELLANEOUS PRODUCTS
Burlaps and fibers, imports:Burlaps thous. of lb—Fibers -long tons—
38,3623,0479,927
.216
.306
27,3844,808
.048
.050
•88,27881,740
55,01868
72,5653.0
34,684
15,418
24, 5718,310
268112.3
52
.55
47,1516,404
75.446.052.3
1.586.95
20, 24340,125
3,179
107
7772
.63
.29
1.395
.780
.9317,63017, 415
215
30,19220,079
26,7561,608
12,554
.162
.270
39,7573,182
.031
.040
43,86886,324
37,34037
32,1431.5
23,972
15,355
21,6334,592
14563.3
48
.65305
32,9234,474
43.239.630.4
1.231.90
236,412
26,00859,159
16,5192,832
31
231828
3025
.42
.15
1.300
.8010,94210,272
670
24,23117,095
25, 2811,556
12,473
.155
.263
29,8881,911
.031
.036
40,99371,364
36,85533
28,0901.0
21,295
14,659
20,6474,250
13457.6
51
.55347
37,4664,756
39.535.828.6
1.194.90
224,552
25, 52153,048
18,9332,697
39
181631
3034
.38
.14
1.125
.800
.7528,66528,134
531
34,23425,937
26,4751,400
11,738
.157
.255
33,8241,861
.031
.037
37,40471,624
25,53232
27,3961.1
16,073
13,347
19,7583,656
11551.5
285
.55321
38,3824,931
47.145.941.0
1.231.90
240,954
20,01150,721
26, 719
.14
1.125
.750
.7552,33950,9341,405
17,88323,886
33,5511,798
11,188
.183
.264
24,1571,166
.039
.040
64,48062,547
38,09242
2.221,802
13,285
22,0225,539
17572.4
400
.55286
59,9057,134
67.638.350.2
1.647.92
246,148
24,95152,228
41, 361693
85
192660
57
.39
.16
1.135
.750
.7642,90942, 764
145
29,93124,457
35,1082,534
10,315
.208
25,2271,155
.041
.047
87,98859,040
52,24757
58, 7882.2
26,496
14,896
23,8846,866
21894.6
502
240
59,6948,564
83.743.662.0
1.805.92
249,258
22, 25049,393
46,0551,554
106
243665
7074
.48
.23
1.175
.750
.8528, 28128,209
72
23,11425,737
30,5922,885
.196
.281
24,0101,633
.037
.046
87,95666,633
55,59462
51,4061.9
28,081
17,086
24,5887,046
22497.0
517
53,7037,331
84.546.861.9
1.673.92
246,450
22,82654,465
42,4234,468
100
.47
.22
1.175
.750
17,55616,960
596
22,40323,323
28,4742,531
10,046
.187
.271
25,3792,118
.033
.041
69,51574,850
47,95649
45,5701.1
24,748
18,684
24,3506,967
22196.9
425
.60225
43,9558,066
76.245.352.2
1.562.92
258, 280
24,33657,932
38,9635,408
82
2842
6058
.45
.21
1.175
.750
.8511,85811,136
722
31,34021,895
28,9012,131
11,099
.174
.270
30,4792,498
.033
.038
79,17581,933
37,67441
55,7861.6
19,864
14,590
23,7756,386
20387.2
285
.60226
40,5488,301
83.234.255.5
1.550.91
282,616
22,44362,837
36,5324,977
92
233358
5557
.44
.20
1.175
.750
5,9275,063
29,064' 21,344
27,3212,225
11,612
.168
.270
34,3322,625
.032
.038
88,30080,097
38,28255
52,2582.1
13,407
23,7676,788
21795.1
221
241
46,2044,988
89.737.256.8
1.305.90
256,142
23,40669, 747
35, 5105,134
.44
.20
1.175
.750
8,9787,991
987
28,86522,937
26,4592,095
12,072
.163
.270
34,2152,794
.031
.037
93,77382,272
47,50367
55,8912.7
28,156
14,919
23, 659202
95.0
351
241
32, 6653,402
80.636.848.9
1.201
239,864
22,07460,459
33, 2784,864
.43
.19
1.175
.750
9,2818,384
897
22,41317, 521
29,3261,720
11,892
.175
.276
39,4754,125
.032
.037
95,74680,446
51,14860
61,6812.1
30,339
15,768
23,4297,048
22793.9
45
.60257
38,9344,254
56.636.338.2
1.182
237, 236
20, 24340, 814
24,9434,451
55
222843
4232
.44
.19
1.175
.750
.804,6574,032
625
34,84225,118
33,4552,116
10,481
.179
.278
28,1503,510
.037
.039
74,46380,765
43,00660
58,8473.0
28,700
16,104
23,4176,569
21295.7
.55253
41,9105,660
59 242! 249.8
1.324.92
234, 523
21,15143,038
28, 7016,140
62
252942
5335
.20
1.163
.750
.836,8356,544
291
27, 28412,307
t For revisions for the year ended July 1932, see p. 20 of the February 1933 issue.§ Data for 1932 revised. For revisions for full year 1932 see p. 53 of the June 1933 issue.
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54 SURVEY OF CURRENT BUSINESS July 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1932
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
TEXTILE PRODUCTS—Continued
MISCELLANEOUS PRODUCTS—Con.
Buttons and shells:Buttons:
Imports, total§ thous. of gross..From Philippines thous. of gross..
Fresh-water pearl:Production percent of capacityStocks, end of month thous. of gross
Shells, imports, total thous. of lbMother of pearl. _ thous. of lb—
Tagua nuts, imports thous. of lb_.Elastic webbing, shipments thous. of dolls..Fur, sales by dealers thous. of dolls..Pyroxylin-coated textiles (artificial leather):
Orders, unfilled, end of monththous. of linear yd—
Pyroxylin spread thous. of lb. .Shipments, billed thous. of linear yd..
74
567549
1,176
3,288
65
32.68,139
292243
1,236561
2,447
1,8292,0942,189
7668
27.38,849233223258580
2,247
1,5781,9442,236
6558
18.08,234855235
1,053454
2,233
1,5721,4741,595
87
30.37,939751184609518
2,879
1,7851,9591,881
39.27,340271219516774
4,016
1,9962,4032,410
5047
46.37,136356285
1,063850
3,233
2,0962,2162,282
7267
45.27,194413360599731
1,688
1,7791,8551,783
7764
38.08,025
741214586605
1,275
1,6751,8621,791
49
40.07,971684677864663
1,547
2,1752,1211,956
7357
41.37,751297267
1,356656
1,498
2,1882,3742,128
7158
36.27,3253,255394
1,087619
1,473
1,9922,3332,079
7561
43.27,132200181865615
2,053
2,6352,8942,658
TRANSPORTATION EQUIPMENT
AIRPLANESProduction, total number..
Commercial (licensed) number..Military (deliveries) number _ _For export number..
AUTOMOBILESExports:
Canada:Automobiles, assembled number..
Passenger cars number..United States:
Autos and parts, value. (See ForeignTrade.)
Automobiles, assembled, total §_. number _.Passenger cars §__ number..Trucks § number..
Financing:Retail purchasers, total thous. of dolls.
New cars thous. of dolls.Used cars thous. of dolls..Unclassified thous. of dolls.
Wholesale (manufacturers to dealers)thous. of dolls.
Fire-extinguishing equipment:Shipments:
Motor-vehicle apparatus number.Hand types number—
Production:Automobiles:
Canada, total number..Passenger cars number..
United States, total number. .Passenger cars number..Taxicabs number..Trucks number..
Automobile rims thous. of rims..Registrations, new passenger cars number..Sales (General Motors Corp.):
To consumers number..To dealers, total number..
U.S. dealers number..Shipments, accessories and parts, total*
Jan. 1925=100.Accessories, original equipment
Jan. 1925=100Accessories to wholesalers—.Jan. 1925=100..Replacement parts Jan. 1925=100-Service equipment Jan. 1925=100..
RAILWAY EQUIPMENTEquipment condition:
Freight cars owned:Capacity mills, of lb—Number, total thousands..
Bad order, total number__Percent of total in bad order
Locomotives, railway:Owned:
Tractive power mills, of lb.Number, total number.^
Awaiting classified repairs...number..Percent of total
Installed number-Retired number..
Passenger cars:pn railroads (end of quarter) number.
Equipment manufacturing:Freight cars:
Orders, new, placed by railroads cars-Orders, unfilled, total cars—
Equipment manufacturers cars..Railroad shops cars..
Shipments, total cars-Domestic cars..
7,5385,0932,445
9,3968,024
218,171184, 578
5433,539
938150, 000
85,96998, 20585, 980
197,6642,088
303, 75814.7
2,41051, 65311,10321.943410
81,205
01,205
114752811
333261
5,1073,6041,503
58,43633,59123,2581,587
38,608
3815,378
8,2217,269
184, 295157, 683
7326, 539*692
131,282
63,50066,73960, 270
62
5355109
203,6572,166
230,82010.8
2,471
8,14215.555174
262,429
02,429
153153
110
768741
4,3592,9721,387
63,16938,32923,3951,445
43,682
4614,037
7,1126,308
183,106160,103
23522,768
499148,752
56,98752,56146,148
56
455711850
203,3762,163
234,31511.0
2,46753,5728,23315.854178
49,957
501,851
01,851
33
1,4931,308
4,9043,0391,865
44,71724,14919, 2251,342
26,016
3513,876
7,4726,773
109,14394,678
2714,438
339104,188
32,84936,87231,096
45
37499037
202,8072,157
245,74911.5
2,45953,2648,29116.029
338
251,572
01,572
33
101591824
1,5231,368
4,9372,8932,044
45,06924,64518,9091,516
22,104
2514, 314
4,0673,16690,32575,898
914.418
22293,457
37,23030.41924,151
35
24479440
202,1962,149
253,60811.9
2,45853,1928,39616.262133
161,404
01,404
4419
118582931
1,6541,108
5,6543,0532,601
38,83721,55115,9891,297
18,677
2715,222
2,3421,741
84,15064, 735
1319,402
19881,893
34,69430,11723,545
35
22569943
201, 5942,141
262,15312.4
2,44852,9368,87517.131287
49,310
1,2851,275
01,275
11
111
2,4162,124
4,2821,7332,549
33,62417,64415,036
943
13,132
1912,867
2,9232,36148,70235,102
513,595
23763,195
26,94110,9245,810
39
26859136
201,3262,138
268,17012.7
2,44452,7919,19017.847193
02,465
02,465
00
1,3381,163
3,1151,7621,353
27,72713,98112,834
913
11,774
1412,036
2,2041,66959,55747, 293
23912,025
45544,358
12,7805,7812,405
45
36738631
201,0552,134
265,23912.6
2,43952, 6509,31618.032173
2,3980
2,3981212
1253749
1,090833
4,9782,7572,221
27.02514,09112,174
760
20,131
2,1391,561
107,35385,858
29121, 204
559° 45,683
19,99253,94244,101
51
48547628
200,5472,127
266,06612.6
2,43552,4909,55818.536196
502,431
502,381
1514
475
10,1437,0593,084
31, 26518, 33412,152°779
30,159
3,3582,921
130,044108,321
521, 718
72779,821
50,65382,11772,274
51
464684
200,2502,123
266,59412.7
2,43252,40110,01419.431120
12,222
33
256169
8,6575,5213,136
29,17516,86011, 694«621
27, 551
3,2983,025
106,82591,340
15215,333
58069,464
42,28059,61450,212
50
45408434
198,9972,106
269,37812.9
2,42852,23710,29020.057221
1,9740
1,9741515
119444530
1,6011,558
8,0565,5282,528
• 33, 540» 19, 466» 13,327
«748
• 27,716
6,6325,927
417,949«99, 225
660«18,064
34778,741
47,43658,01845,098
41
33428732
198,6522,101
274,36813.2
2,42352,08110, 54520.641197
1,8730
1,873
1,256
8,3185,6622,656
45, 34628, 22916, 0931,023
40,912
8,2556,957
• 180, 6670 152,939
«411« 27, 317
898119,909
71,59986,96774, 242
1198,1582,095
286,98713.8
2,42252,02010, 743
21.244
105
501,561
01,561
00
• Revised.§ Data revised for 1932. For revisions for full year 1932 see p. 54 of the June 1933 issue.
* New series. Earlier data not published.
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July 1933 SURVEY OF CURRENT BUSINESS 55
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1933
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
TRANSPORTATION EQUIPMENT—Continued
RAILWAY EQUIPMENT—Continued
Equipment manufacturing—ContinuedLocomotives, industrial electric (quarterly):
Shipments, total .number..Mining use number..
Locomotives, railway:Orders, new, placed by railroads.number..Orders, unfilled, end of month-
Equipment manufacturers (Census)total number..
Domestic, total number..Electric number..Steam..- number..
Railroad shops (A.R.A.) ..number..Shipments:
Domestic, total number..Electric number..Steam number..
Exports, total § number..Electric§ number..Steam number..
Passenger cars:Orders, new, placed by railroads.number..Orders, unfilled (end of quarter).number..Shipments, total number. .
Domestic number..
ELECTRIC TRUCKS AND TRACTORS
Shipments, industrial, total number..Domestic .number..Exports. number..
SHIPBUILDING
United States:Merchant vessels under construction
thous. of gross tons..Completed during month..total gross tons..
Steel total gross tons..World (quarterly):
Launched:Number ships.Tonnage thous. of gross tons..
Under construction:Number shipsTonnage... thous. of gross tons
9,4747,246
14614012713
18626, 26022, 586
129123122
16
175
12651
04400
18010, 7827,928
84193
2241,110
120114113
1
16128, 33827,150
111105104
15
1472,697
240
9410, 2739,601
53188
192901
8722, 79519,834
1839,17936, 733
187,6985,888
58213
203766
2215,94413, 741
249,3388,531
1441, 21337, 537
232741
686867
1
12111
122,8851,578
CANADIAN STATISTICS
Business indexes: *Physical volume of business 1926=100. _
Industrial production, total 1926=100Construction 1926=100-Electric power 1926=100..Manufacturing 1926=100..
Forestry 1926=100..Mining 1926=100-
Distribution. 1926=100..Carloadings 1926=100Exports (volume)-. 1926=100Imports (volume) 1926=100..Trade employment 1926=100..
Agricultural marketings 1926= 100—Grain marketings 1926=100-Livestock marketings ..1926=100..
Commodity prices:Cost of living index 1926=100-Wholesale price index 1926=100..
Employment, total (first of month) .1926=100—Construction and maintenance...1926=100..Manufacturing 1926=100..Mining 1926=100..Service 1926=100—Trade 1926=100-Transportation 1926=100-
Finance:Banking:
Bank debits mills, of dolls..Exchange. (See Finance.)Interest rates 1926=100-
Commercial failures . numberLife insurance, sales of ordinary life (15 cos.)
thous. of dolls..Security issues and prices:
New bond issues, total thous. of dolls. _Corporation thous. of dolls..Dominion and provincial
thous. of dolls—Municipal thous. of dolls..Railways _ thous. of dolls
Bond yields percent—Common stock prices, total 1926=100-
Banks 1926=100—Industrials 1926=100-Utilities 1926=100-
77.666.977.660.876.889.999.9
108.678.9
98.1
30,497
11,173485
7,8152,873
o~"~63.~7~
64.685.847.2
79.974.631.8
131.277.471.494.494.571.259.172.9
117.884.482.891.5
81.867.787.583.285.897.9
114.7116.284.3
2,175
113.2195
30,998
24,5200
17,7506,770
05.4245.865.751.436.9
81.476.928.1
130.582.174.592.393.770.359.369.7
117.4221.4250.889.4
81.066.689.192.986.096.8
116.8116.185.5
2,203
114.4233
40,963
20,73550
5,00015,685
05.4843.260.548.834.9
78.374.239.4
129.076.955.983.489.660.562.963.2
115.9135.9147.982.1
80.866.688.793.385.495.0
119.9115.485.9
2,176
110.6249
34,469
27,9721,350
21,1505,472
05.3049.667.156.641.8
78.173.637.1
137.175.559.684.890.464.363.063.8
115.3196.6222.679.9
81.466.886.390.082.694.8
117.0113.885.3
2,116
103.3253
28,370
59,529360
55,9803,189
04.9559.073.969.951.9
77.171.931.5
128.074.360.589.591.368.164.664.7
114.3189.0213.977.1
81.166.986.084.483.196.5
119.4113.186.5
2,098
101.9246
25,207
71,103180
68,3502,573
04.8863.076.173.856.9
75.370.430.7
127.870.664.799.388.859.866.467.5
113.783.887.467.4
80.465.086.784.384.198.2
109.8114.587.2
2,367
98.1295
29,858
106,046125
104,2751,646
04.7054.874.463.149.1
75.871.839.4
134.472.365.886.486.960.147.370.6
111.662.359.574.5
80.464.884.777.981.7
101.2106.5115.484.5
2,466
102.3301
34,003
45,094825
35,0009,269
04.9053.469.662.546.6
72.667.719.5
131.370.260.090.586.158.447.559.8
113.459.156.670.3
80.064.083.267.680.399.9
103.7117.883.9
2,085
102.7273
33,483
1780
0178
04.9251.367.558.445.1
68.162.225.2
131.662.263.480.584.356.156.652.4
111.556.152.571.9
79.763.978.558.574.496.9
102.2119.678.3
1,969
99.2279
29,367
19,9870
19,000987
04.7551.667.559.644.6
67.060.923.4
136.158.759.894.283.857.949.650.8
110.976.575.979.4
79.063.6
°77.0°56.2
75.094.0
104.2109.475.0
1,830
98.7
26,323
4250
0425
04.7347.665.556.338.6
68.462.516.1
134.462.760.791.484.861.851.150.0
110.5129.0140.277.8
78.464.476.956.575.894.6
102.9107.374.1
1,887
100.0
29,763
731625
0106
04.7947.362.357.338.2
70.565.020.6
134. 966.863.781.985.869.247.344.2
110.1104.1109.779.2
78.665.476.054.776.091.4
102.5107.674.2
1,877
101.3
29,770
10,7070
010,707
04.8551.959. &67.538.5
• Revised.* New series. For earlier data see p. 18 of the February 1933 issue.§ Data revised for 1932. For revision for full year 1932 see p. 55 of the June 1933 issue.
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56 SURVEY OF CUREENT BUSINESS July 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey
1933
May
1933
May June July August Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April
CANADIAN STATISTICS—Continued
Foreign trade:Expor ts . . thous. of dolls..Imports thous. of dolls..Exports, volume:
Automobiles. (See Transportation Equip.)Newsprint. (See Paper and Paper Prod-
ucts.)Wheat thous. of bu__Wheat flour thous. of bbl__Trade with U.S. (See Foreign Trade.)
Railway statistics:Carloadings thous. of carsFinancial results:
Operating revenues thous. of dollsOperating expenses thous. of dollsOperating income thous. of dolls..
Operating results:Freight carried 1 mile mills, of tons . .Passengers carried 1 mile
mills, of passengers-Commodity statistics:
Production:Automobiles. (See Transportation Equip.)Electrical energy, central stations
mills, of kw.-hr..Pig iron thous. of long tons . .Steel ingots and castings
thous. of long tons . .Livestock, inspected slaughter:
Cattle and calves thous. of animals. .Swine thous. of animals. .Sheep and lambs thous. of animals. .
Newsprint. (See Paper and Paper Prod-ucts.)
Silver. (See Finance.)Wheat, visible supply. (See Foodstuffs.)
Wheat flour thous. of bbl__
46,10932,927
21,465565
0
23
11627930
41,40244,361
15,543462
183
23,40021,245
1,191
1,632
110
1,27113
29
9525523
1,041
41,70140,743
15,857571
185
24,81321,6542,328
2,023
129
1,1988
18
8524850
1,151
43,03235,711
19, 620446
157
22,97021,053
1,027
1,569
147
1,1567
28
7319264
1,202
41,85536,527
18,290330
176
23,10021,922
268
1,572
138
1,2306
27
7918986
1,272
42,66534,504
26,874385
216
28,98822,2545,949
3,043
122
1,2796
23
82166101
1,385
57,16037,095
40,192529
212
28,19020,8396,385
2,607
96
7
17
78189148
1,722
46,62137,769
27,302577
193
24,27619,3084,057
2,181
90-
1,44814
37
80250119
1,943
43,10928,961
27,736492
153
21,90219,434
1,904
1,740
130
1,43327
31
6026849
1,010
32,00024,441
14,707397
134
17,64318,528
d 1,813
1,388
95
1,39729
41
7124749
859
26,81423,514
10,922333
133
16,78817,881
d 2,073
1,302
88
1,3006
12
6522036
845
37,16132,851
14,816490
157
20,61219,161
520
1,712
97
1,3710
8925042
1,005
20,31220,457
4,460234
162
1,2950
12
9723230
1,013
d Deficit.
CHANGES IN STATISTICAL SERIES MADE SINCE PUBLICATION OF THE 1932 ANNUAL SUPPLEMENTDATA ADDED IN DECEMBER 1932 ISSUE
PageFairchild retail price index 24World prices, foodstuffs and raw materials 24Chain-store sales index 26Department-store sales, Philadelphia 27Factory employment, Baltimore, Milwaukee,
Maryland, and Massachusetts _. 28Miscellaneous employment:
Civil service, United States 28Trade union members employed, by groups 28
Factory pay rolls, Baltimore, Milwaukee, Phila-delphia, M aryland, and M assachusetts 29
Hourly earnings, United States (National Indus-trial Conference Board) 29
Weekly earnings, factory, Massachusetts 30Net gold imports, including gold released from
earmark —.. 32Pyroxylin rods, sheets, and tubes, production,
shipments. - 38Residual fuel oil, production and stocks 43Gas oil and distillates, production and stocks 43Convection type radiators, new orders 46Plumbing fixtures, wholesale price _ 46Plumbers' brass, shipments— 49Tin and terne plate, production 47Tin consumption in manufacture of tin and terne
plate 48Mechanical stokers, new orders _ 48Rubber heels and soles, total shipments 51Illuminating glassware, new orders, production,
shipments, and stocks 52Gypsum, imports, production, and shipments 52Auto accessories and parts, composite index of ship-
ments 54Canadian statistics, electric-power production
index... _ 55
DATA ADDED IN THE JUNE 1933 ISSUE
Building costs, all types (American Appraisal Co.). 25Factory employment, Chicago 28Nonmanufacturing employment—banks, broker-
age houses, etc.; dyeing and cleaning; and laun-dries 28
DATA ADDED IN THE JUNE 1 9 3 3 I S S U E -Continued
PageMiscellaneous employment—Federal and State
highways, construction and maintenance 28Factory pay rolls, New York and Chicago 29Nonmanufacturing pay rolls—banks, brokerage
houses, etc.; dyeing and cleaning; and laundries. 29Bond prices, U.S. Government (Standard Statis-
tics) - 33Airplane travel, passengers carried, passenger miles
flown _ _ 35Lard compound, wholesale price, tierces, Chicago. 37Lard, refined, wholesale price, tierces, Chicago 41Leather production (Tanner's Council) 43Household furniture, plant operations, all dis-
tricts 45Rope paper sacks, shipments 50Face brick, machine production 51DATA DROPPED IN DECEMBER 1932 ISSUE t
Industrial production indexes: Copper (mined),metals, nonferrous _ 22
Stock indexes, world copper stocks 23Construction volume (A.O.C.). 25Factory operations, proportion full time worked,
miscellaneous group. 28Applicants at employment agencies, Western
States 28Methanol, stocks:
At crude plants 36At refineries and in transit 36
Pine-oil stocks 36Paints, varnish, and lacquer products, unclassified
sales, 315 establishments 38Milk, condensed and evaporated, total exports,
production, and stocks 39Gas and fuel oil, production and stocks (combined
series) 42Hides and skins, stocks, all series 43Sole and belting leather, production, stocks, all
series 43Upper leather, production, stocks, all series 43Walnut lumber, orders, production, shipments,
and stocks 44
DATA DROPPED IN DECEMBER 1932ISSUE-Cont inued
PageNorth Carolina pine, production and shipments— 44Iron and steel, boilers (round and square) and radi-
ators, new orders 46Enameled sanitary ware, baths, lavatories, sinks,
miscellaneous, all series 46Enameled sheet-metal ware, shipments 46Plumbing fixtures, wholesale price_. 46Mechanical stokers, large (see new series) new
orders 48Copper:
Production, all series 48Shipments, domestic, refined 48Stocks (North and South America), blister and
refined 48Porcelain, nail knobs, tubes, shipments 49Galvanized sheet-metal ware, all series 49Newsprint, production, percent of capacity 50Binders' board, production _ 51Glass containers, unfilled orders 52Illuminating glassware, orders, production, ship-
ments, and stocks. (See new series) 52
DATA DROPPED IN JUNE 1933 ISSUE t
Farm products—price index of dairy and poultryproducts _ __ 23
Building costs, by types of construction (AmericanAppraisal Co.) 25
McLellan 5- and 10-cent stores (sales and stores)._ 26Hours of work per week in factories, nominal or
full-time week (National Industrial ConferenceBoard). 28
Unemployment, applicants, at employmentagencies _ _. 29
Gold, held under earmark for foreign account 32Bond prices, domestic, U.S. Liberty (N.Y. Trust
Co.) ._ 33Rope paper sacks, shipments 50Scrap rubber, stocks at reclaimers 50Face brick production (brick drawn from ki lns) . . 51Glass containers, net new orders 51Cotton textiles, production, shipments, stocks, etc. 53Wool machinery activity, sets of cards 53
t Pages refer to those upon which series were last shown in the November 1932 and May 1933 issues.
O
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INDEX TO MONTHLY BUSINESS STATISTICSAbrasive paper and clothAcceptances, bankers'Accessories, automobileAdvertising, magazine, newspaper, radio _,.Africa, United States trade withAgricultural wages, loans. «Air-conditioning equipmentAir mailAirplanesAlcohol, denatured, ethyl, methanolAluminumAnimal fats, glues, greasesAnthracite industry 22Apparel, wearing_,Argentina, United States trade with; ex-
change; flaxseed stocks 32,Asia, United States trade with.Asphalt.....Automobiles- 22,27,28,Babbitt metal _ .Bank suspensionsBarleyBathroom fixturesBeef and veal
Page503054
25,2634304726
35,543648
36,3729,4229,52
34,373443
29,544831394640
Bituminous coal 22,28,29,42Boiler and boiler fittings 46Bonds, prices, sales, value, yields 33Book publication. <. 50Boxes, paper, shipping 50Brass 49Brazil, coffee; exchange; United States trade
with. _ 32,34,41Brick 51Brokers' loans » 30Bronze „ 49Building contracts awarded-- 24,25Building costs - - 25Building materials 24,25,44,46,47,51Business activity index (Annalist) 22Business failures 31Butter _ 39Canadian statistics,. 55,56Candy 41Canal traffic 35Capital issues 32Carloadings 22,34,35Cattle and calves 40,43Cement . _ 22,27,29,51Chain-store sales 26,27Cheese _ _ 39Chile, exchange; United States trade with... 32,34Cigars and cigarettes 42Civil-service employees 28Clay products _ 23,24,27,28,29,51Clothing 24,25, 27, 28, 29,52Coal _ 22,28,29,42Cocoa 41Coffee 23,41Coke.. 42Collections, electrical trade 26Commercial paper 30Communications 35Construction:
Contracts awarded, indexes » 24Costs - 25Highways 25Material costs 25
Copper 48Copper wire cloth 49Copra and coconut oil 37Corn 39Cost-of-\iving index. 23Cotton, raw and manufactures 23,52Cottonseed, cake and meal, oil 37Crops 23,37,39,40,52Dairy products 23,39Debits, bank _ _ 30Debt, United States Government 32Delaware, employment, payrolls 28,29Department-store sales and stocks 27Deposits, bank 30Disputes, labor 29Dividend payments 33Douglas fir 44Earnings, factory .. 29,30Eggs 23,41Electric power, production, sales, revenues.. 22,38Electrical energy, consumption index . . . 22, 23Electrical equipment 48,49Electric railways 34Employment:
Cities and States 28Factory, Federal Reserve Board indexes 27,28Nonmanufacturing 28Miscellaneous data „ «_ 28
Emigration „ - 35Enameled ware 46Engineering construction 25England, exchange; United States trade with. 32,34Exchange rates, foreign 32Expenditures, United States Government 32Explosives 36Exports 34Factory employment, pay rolls, operations 27,
28,29,30
Page |Factory operations, proportion of full time
worked 28Failures, bank; commercial 31Fairchild retail price index 24Fares, street railways 34Farm employees 28Farm prices, index 23Federal Government, finances 32Federal-aid highways 25,28Federal reserve banks, condition of 30Federal reserve member bank statistics 30Fertilizers 36Fire-extinguishing equipment 54Fire losses 25Fish and fish oils 37,41Flaxseed 37Flooring, oak, maple, beech, and birch 44Flour, wheat 40Food products 22,23,27,28,29,39,40,41Footwear 44,51Foreign trade, indexes, values 34Foundry equipment 47France, exchange; United States trade with. 32,34Freight cars (equipment) 27,54Freight carloadings, cars, indexes 34,35Freight-car surplus 35Fruits 23,39Fuel equipment 47,48Fuels 42,43Furniture 45,47Gas, customers, sales, revenues 38Gas and fuel oils 42,43Gasoline 43General Motors sales 54Glass and glassware 22, 27, 28, 29, 52Gloves and mittens 43Gold 32Goods in warehouses 26Grains , 23,24,39,40Gypsum 52Hardwoods 44Heels, rubber 51Hides and skins 43Hogs 40,41,43Hosiery 52Hotels 28,29,35Housing 23,25Illinois, employees, factory earnings 28, 29,30Imports 34Income-tax receipts 32Incorporations, business 26Industrial production, indexes 22Installment sales, New England 27Insurance, life 31Interest payments 33Interest rates 30Investments, Federal reserve member banks. 30Iron, ore; crude; manufactures 22,45,46Italy, exchange; United States trade with.. 32,34Japan, exchange; United States trade with.. 32,34Kerosene 43Labor turnover, disputes 29Lamb and mutton 41, 43Lard . 41Lead _ __ - 48Leather . . . . 22, 23, 24, 25, 26, 27, 28, 29,43Leather, artificial 54Liberty bonds 33Linseed oil, cake, and meal 37Livestock 23,40,41,43Loans, agricultural, brokers', time 30Locomotives 54, 55Looms, woolen, activity 53Lubricating oil 43Lumber 22,23,24,27,28,29,44,45Lumber yards, sales, stocks 44Machine activity, cotton, silk, wool 53Machinery 25,26,27,28,29,34,47,48,49Machine tools, orders, shipments 48Magazine advertising 25,26Manufacturing 22Marketing, agricultural, forest products 23Maryland, employment, pay rolls 28, 29Massachusetts, employment, pay rolls 28,29Meats 40,41Metals 22,23,27,28,29,45,46,47Methanol 36Mexico:
Petroleum production and exports 42Silver production 32United States trade with 34
Milk 39Minerals 22,42,45,48Money in circulation 32Naval stores 23,36Netherlands, exchange 32New Jersey, employment, pay rolls 28, 29Newsprint i 50New York, employment, pay rolls, canal
traffic 28,29,35New York Stock Exchange 30,33Notes in circulation 30Oats 39Oceania; United States trade with 34Ohio employment 28
PageOhio River traffic _ _ . 35Oils and fats 36,37Oleomargarine 33Orders, indexes, new and unfilled 23Paints 38Passengers, street railways; Pullman 34,35Passports issued 35Paper and pulp __ 22, 23, 24, 27, 28, 29,49, 50Pay rolls:
Factory, Federal Reserve Board 29Factory, by cities and States 29Nonmanufacturing industries 29
Pennsylvania, employment, pay rolls 28,29Petroleum and products 22,27,28,29,42,43Pig iron 22,45Pork . . . 40,41Postal business 26Postal savings 31Poultry _ 23,41Prices:
Cost of living, indexes 23Farm, indexes . 23Retail, indexes 24Wholesale, indexes -s 24Warld, foodstuffs and raw material 24
Printing 50Production, industrial 22Profits, corporation 32Pyroxylin products 38Public finance 32Public utilities _. 28,29,34,35,38Pullman Co 35Pumps 48Radiators 46Radio, advertising __ 25Railroads; operations; equipment; financial
statistics 34,35,54,55Railways, street 34Rayon 53Real-estate market activity 25Registrations, automobiles 54Rents, index 23Retail trade:
Chain stores:5 and 10 26,27Grocery 27Restaurant 27
Department stores 27Mail order 27
Roofing. 38Rice . 39,40Rubber, crude; scrap; clothing; footwear;
tires . 22,23,24,27,28,29,50,51Rye T - 40Sanitary ware 46Savings deposits 30Sheep and lambs 41Shoes 22,24,25,26,27,28,29,44Shipbuilding 22, 27, 28, 29, 55Silk 23,53Silver 22,32Skins - 43Softwoods 44,45Spain, exchange 32Spindle activity, cotton 53Steel, crude; manufactures 22,46,47Stockholders 33Stock indexes, domestic and world 23Stocks, department stores 27Stocks, issues, prices, sales, yields 33Stone, clay, and glass products 22,23,28,51,52Sugar 23,41Sulphur . 36Sulphuric acid 36Superphosphate - 36Tea - - - 23,41Telephones and telegraphs 35Terneplate 47Terra cotta 52Textiles, miscellaneous products 53,54Tile 52Timber - - 44,45Tin and tin plate 23,48Tires 22,24,27,28,29,51Tobacco 22,25,26,27,28,29,42Tools, machine 48Trade-unions, employment 28Travel - 35Trucks and tractors, industrial electric, 55United Kingdom, exchange; United States
trade with — 31,34Uruguay, exchange 32United States Steel Corporation 30,33,47Utilities 28,29,32,34,35,38,55Vegetable oils 37Vegetables — _- - 23,39Wages . 29,30Warehouses, space occupied 26Waterway traffic 35Wheat and flour 23,40Wholesale prices 24Wisconsin, employment; pay rolls 28, 29Wood pulp 49Wool . 22,23,53Zinc _. 22,48
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