NOVEMBER 1933 SURVEY OF CURRENT BUSINESS UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE WASHINGTON VOLUME 13 NUMBER 11 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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NOVEMBER 1933
SURVEYOF
CURRENT BUSINESS
UNITED STATESDEPARTMENT OF COMMERCEBUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
V O L U M E 13 N U M B E R 1 1Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Volume 13 N O V E M B E R 1933WEEKLY DATA THROUGH OCTOBER 28, 1933
MONTHLY DATA THROUGH SEPTEMBER
N u m b e r 11
SURVEY OFCURRENT BUSINESS
P U B L I S H E D B Y
U N I T E D S T A T E S D E P A R T M E N T O F C O M M E R C E
B U R E A U O F F O R E I G N A N D D O M E S T I C C O M M E R C E
W A S H I N G T O N
C O N T E N T S
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 11
Survey of individual industries:Automobiles and rubber 12Chemicals 13Farm and food products 14Forest products 15Iron and steel 16Textiles. 17
STATISTICAL DATANew and revised series:
Chemical wood-pulp production, revised series 18Chemical wood-pulp consumption and shipments, revised series. 19Mechanical wood pulp —consumption and shipments, produc-
tion, revised series 20Total paper production, revised series 20
Weekly business statistics 21
STATISTICAL DATA—Continued
Monthly business statistics: PageBusiness 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 byproducts 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 coyer
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
17005—33 1Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
SURVEY OF CURRENT BUSINESS
B u s i n e s s I n d i c a t o r sNovember 1933
1 9 2 3 - 2 5 = 100
INDUSTRIAL PRODUCTION
160FACTORY EMPLOYMENT AND PAYROLLS
40
160TOTAL FREIGHT CAR LOADINGS
ZOODEPARTMENT STORE SALES
200
100
VALUE OF EXPORTS
UNADJUSTED
200
100
BANK DEBITS OUTSIDE NEW YORK CITY
UNADJUSTED
1 9 2 9 1 9 3 0 1 9 3 1 1 9 3 2 1933
8 ADJUSTED FOR SEASONAL VARIATION * REPORTING MEMBER BANKS
I GO
iOO
40
200
INDUSTRIAL PRODUCTION
/ MANUFACTURES (ADJUSTED)*
's MINERALS (ADJUSTED) *
160FREIGHT CAR LOADINGS L.C.L.
160WHOLESALE PRICES
200VALUE OF IMPORTS
CONSTRUCTION CONTRACTS AWARDED
160
100
40
FEDERAL RESERVE MEMBER BANK LOANS*
ALL OTHER (COMMERCIAL}
1 9 2 9 1 9 3 0 1 9 3 ! 1 9 3 2 1933
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1933 SURVEY OF CURRENT BUSINESS
Business Situation SummarizedINDUSTRIAL production has continued to recede
during October, although the rate of decline inrecent weeks has not been as rapid as in August andSeptember. Available distribution indexes fail torecord the seasonal rise usually evident in the fall,despite the continued growth of purchasing power.Commodity prices have risen, and recent increasesappear to have been more pronounced in retail than inwholesale quotations. Real income, however, isconsiderably higher than in the early months of theyear as well as higher than a year ago.
Output of mines and factories in September declinedcontrary to the normal movement, and the adjustedindex dropped 8 percent, or at about the same rateas in the preceding month. Manufacturing produc-tion declined relatively more than mineral output.Decreases were general in all of the major industries,with the exception of food products. The widestdeclines were in the iron and steel industry, 18 percent;in textiles, 13 percent; and in lumber, 22 percent. Theprincipal consumers' goods industries, aside from tex-tiles and food products, recorded only moderatedeclines and all were operating at a relatively highrate. The reduction in the mineral industry waslargely due to the drop in bituminous-coal production,although output of crude petroleum reflects the effortsto bring the flow into line with current requirements.Although the recent drop in total industrial productionreduced the September increase over a year ago to 27
percent, production in the third quarter was 49percent higher than a year ago.
Retail sales in September failed to extend the Augustgains. The increase in department-store sales fellshort of the usual seasonal increase, and the adjustedindex dropped 9 percent. Sales were only 3 percenthigher than a year ago, although prices were up about17 percent. Variety-chain and chain-food stores alsoshowed only a moderate increase in value over last-year. The increase in freight-car loadings in Septem-ber was less than the usual seasonal rise, and the samewas true of the merchandise less-than-caiiot group.
Exports increased in September to the highest totalsince the end of 1931. Imports dropped b}7 more thanthe usual seasonal amount for the month, althoughthe increase over a year ago was greater than in thecase of exports.
According to official estimates, over 600,000 personsreturned to work in September and there was a furthersubstantial increase in pay rolls. Factory employ-ment increased by 4.4 percent and pay rolls by 3.4percent. Average hours worked per week were furtherreduced, and hourly rates of wages continued to movehigher.
Movements in the financial markets have beenirregular. Both bonds and stocks tended lower duringthe period under review. The banking figures reveala steady increase in "all other" loans, and a decreasein advances against securities.
MONTHLY BUSINESS INDEXES
Year and month
1930: September1931: September1932:
SeptemberOctoberNovemberDecember
1933:JanuaryFebruaryMarchAprilMayJune _. . .JulyAugustSeptember.
M o n t h l y ave rage ,January' t h r o u g hSeptember:
193119391933
Industrial production
Unadjusted 1
3o
1•+*
1c1
|S
Adjusted 2
1
1
1
fi«8
aa
i
Factory em-ployment
and pay rolls
>»
h0) aa
SVft
=o
S?SS32?
I1^
Freight-car loadings
Total
•q
fC
•s9
3
•C?<
Merchan-dise, I.C.I.
f1cfi
f
Departmentstore sales,
value
1aaJ3
£
5
•d«•+-aa
£'S*<
Foreigntrade, value,adjusted »
31nH
3I
£oft
«tJ
^£gs
n•oJM3tt C
onst
ruct
ion
con
trac
ts,
all
type
s, v
alue
, adj
uste
d i
Monthly average, 1923-25=100
9277
£6560
646460678091969085
846477
9076
66666358
636358688093978984
8463
i 77
10183
73807872
717674657682899492
846980
9076
66666566
656360677892
1009184
8975
65656464
646156667893
1019183
9478
70747576
73798172
, 7884909186
1
83. 472.8
60.361.161.260.6
59.459.456.657.760.664.870.173. 374.3
76. 469 9
83.061.8
42.143.541.840.9
39.240.036.938.642.046.249.955.757. 6
68 9
9978
61655852
515148515660666568
7(\
8769
54575758
565450535660656160
46 4 1 5604. 0 1 45.1 H 57
9988
72727064
656463656867700970
887367
9485
69696869
6966626366677069C8
10388
717573
106
49495068676449,5973
X5
! 6459
9985
68696360
60605767676870
70
7845
33333233
312928293236433840
3634
7456
32323230
292626253240485048
56
36
107.784.3
59.662.655.465.0
61.152.748.753.858.365.770.462.761.9
95.366. 659 5
8159
30292728
221914141618212428
672820
Who
lesa
le
pric
e in
dex,
784
com
mod
itie
s
Monthlyaverage,1926=100
84.471.2
65.364.463.962.6
61.059.860.260.462. 765.068. PCO. 570.8
74.065. 4U 3
i Adjusted for number of working days. * Adjusted for seasonal variation.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
SURVEY OF CURRENT BUSINESS November 1933
Comparison of Principal Data, 1929 to 1933I FIRST B MONTHS V//////////A REMAINDER OF WAR
BANK DEBITS OUTSIDE NEW YORK CITY- (BILLIONS OF DOLLARS)
CONSTRUCTION CONTRACTS AWARDED -(BILLIONS OF DOLLARS)
STEEL INGOT PRODUCTION - (MILLIONS OF TONS)
AUTOMOBILE PRODUCTION -(THOUSANDS OF CARS)
FREIGHT CAR LOADINGS -(MILLIONS OF CARS)
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1933 SURVEY OF CURRENT BUSINESS
C o m m o d i t y Pr icesPRICES continued to move upward during
September and the first 3 weeks of October.The movement has been irregular, and price relation-ships have altered appreciably. Retail prices appar-ently have tended to advance faster than wholesaleprices, a reflection of the rising costs of distribution aswell as the increased prices in primary markets.Farm prices were unchanged between September 15 andOctober 15. The cost of living has continued to mount.
Wholesale prices advanced rapidly in the middle ofSeptember, but in the final week of the month and sofar in October the movement has flattened. The indexin September was above 70 percent of the 1926 averagefor the first time since November 1931 and was 8.5percent above a year ago. Average prices in Septem-ber were 1.9 percent above August, due to the riseof 2.4 percent in nonagricultural commodities. Farmproducts dropped 1 percent, and foods changed onlyfractionally. The widest increase was in the fuel group,the rise of 21 percent in petroleum products being theprincipal contributing cause. Textile products in-creased 3 percent, with clothing and knit goods up 9and 8 percent, respectively. Due to the drop in leatherthe hide and leather products group increased only 0.7percent. Among the major groups, chemicals and drugswas the only one which moved lower for the month.
Farm prices in mid-October were the same as amonth earlier, although four of the six groups showedincreases. Prices of fruits and vegetables, grains,potatoes, and cattle have declined in the past month,while hog prices have increased. With the exceptionof dairy products and poultry and eggs, all groupscontributed to the decline of 2.8 percent in averagefarm prices in September.
The increase of 4.2 percent in the Fairchild retailprice index was not as great as in the 2 precedingmonths. Prices at the end of September were 17 per-cent above last year and were nearly one fourth higherthan the 1933 low. All groups contributed to the rise,but the largest relative increases were in women'sapparel and infants' wear. Food retail prices haveincreased very slightly since the middle of August.In the 2 weeks ended September 26, the index was107.4 or about 7 percent above September 1932.
Most of the items entering the cost of living con-tinued to move upward in September, and the indexadvanced for the fifth consecutive month. The Sep-tember index was 9 percent above the low of lastspring and 1.7 percent above last September. Theaverage rise for the month was 1.3 percent, with rentsadvancing; for the first time since 1930.
INDEXES OF COMMODITY PRICES
Year and month
1930: September1931: September1932:
SeptemberOctoberNovemberDecember
1933:JanuaryFebruaryMarchApril _MayJuneJulyAugustSeptember
Monthly average,January throughSeptember:
193119321933
Wholesale (Department of Labor)
is§2** s
ii,s &SSB-011a
Economic classes
wa"S3
*&
•d9i
JS
1
0321e«S
i
ISj&
u
1s2
Groups
$«3•«
B1
in
O
oo•d
Iaa
I
S as. -d
aii!V
*€52o f t
m"e3
1«8
feeC2&
i!*
T3•dCrt
M
"S
.M
9)
£
W
fedB
1•o
I"SI
|•*->
1•d
CfiOJ•d£
t£C£03
fi*
a ®<?s«t«30H
!§o>s*l!!ft4>
"w3•dIM
«V
H
ce
1
iMonthly average 1926=100
84.471.2
65.364.463.962.6
61.059.860.260.462.765.068.969.570.8
74.065. 464.3
86.475.9
70.469.669.368.4
66.765.765.765.767.269.072.273.474.8
77.970.968.9
82. 162.7
58.254.654.252.1
50.248.449.450.053.756.261.860.661.7
67.055.654.7
77.766.7
60.760.758. 957.7
56.956.356.957.361.365.369.171.772.9
70.559.563.1
85.360.5
49.146.946.744.1
42.640.942.844.550.253.260.157.657.0
67.349.049.9
77.044.2
37.434.433.231.7
32.932.736.044.852.857.473.464.663.9
55.041.550.9
89.573.7
61.860.560.658.3
55.853.754.656.159.461.265.564.864.9
75.861.559.6
1 99.273.6
60.956.453.749.4
49.550.250.550.352.352.450.851.051.5
78.160.050.9
83.273.9
70.470.269.869.0
67.366.065.865.366.568.972.274.176.1
75.770.669.1
87.177.0
70.570.770.770.8
70.169.870.370.271.474.779.581.382.7
80.371.874.4
87.276.3
72,972.772.472.3
71.671.371.271.473.273.773.273.172.7
80.474.172.4
79.067.4
70.871.171.469.3
66.063.662.961.560.461.565.365.570.4
67.270.264.1
99. 285.0
72.272.871.469.6
68.968.068.169.476.982.486.391.792.3
87.773.778.2
92.382.7
73.773.773.773.6
72.972.372.271.571.773.474.877.679.3
86.575.574.0
89.083.9
80.180.379.679.4
78.277.477.276.977.779.380.681.282.1
85.280. 479.0
76.264.5
55.655.053.953.0
51.951.251.351.855.961.568.074.676.9
67.955.660.3
75.268.2
64.764.163.763.4
61.259.258.957.858.960.864.065.465,1
70.464.761.3
Cos
t of H
ving
(Nat
iona
l In
du
stri
alC
onfe
renc
e B
oard
)
Mo.average1923=
100
95.485.6
76.676.175.675.1
73.772.171.871.572.172.875.276.977.9
87.678.473.8
Far
m,
com
bine
d in
dex,
27
com
-m
odit
ies
(Dep
artm
ent
of A
gri-
cult
ure)
Mo.average1909 to1914=
100
11172
59565452
514950536264767270
845861
Retail
(*4O
*»
S
isgjas•d
I
Mo.average1913 =
100
146119
1001009999
959191909497
105107107
12310397
2|«*CQ
£Sots-€
•w £*
£1S,Dec.1930
(Jan. 1,1931) =
100
87.4
73.673.372.671.8
71.169.969.769.470.472.376.182.586.0
92.976.974.2
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
SURVEY OF CURRENT BUSINESS November 1933
Domestic TradeTKADE continued to expand in September, but
the gains were below seasonal expectations. TheFederal Reserve Board's unadjusted index of thedollar value of department-store sales advanced 22percent. Adjusted for seasonal changes, the indexdeclined 10 percent and was less than 2 percent abovethe level of September a year ago. When allowanceis made for the sharp increase in prices between thetwo periods, the sales volume in September of this yearappears to be substantially lower than last year. Con-sidering the wide gains in purchasing power whichhave occurred in 12 months—wage payments tofactory workers are estimated to have been 37 percenthigher this September than last -and the efforts tostimulate consumer expenditures, the sales showinghas been relatively unsatisfactory.
Retail sales through the department stores in Sep-tember were 23 percent higher than in March, afterallowing for the usual seasonal change. Aside fromthe sharp spurt in August, the adjusted index haschanged but slightly since April. In September, theindex of the dollar value of department-store stockswas 33 percent higher than in March. However, ad-justing for price changes the actual volume of stockswas only about 13 percent higher.
In an effort to provide a more adequate measure ofthe movement of goods into the hands of consumerthe Department of Commerce has set up a series ofindexes of trade in the retail field. Three new series
were completed during the month. Estimates ofchanges in the retail value of grocery sales, as indicatedby a sample of continuously operating chain units,show an increase of approximately 3 percent fromAugust to September. Compared with a year agothe increase amounted to only one half percent and,since retail food prices increased during the interim,tonnage purchased through these outlets has fallenoff.
Sales through variety chains show a similar trend.The index was 7.6 percent above the August level and4.7 percent higher than in the corresponding month of1932. Retail sales of automobiles, on the other hand,showed a contrary tendency. A decline of 14 percentoccurred in the value of average daily sales betweenAugust and September, but as compared with a yearago the value was 77 percent greater. Sales of mail-order houses increased 7 percent, which brought thetotal to the highest point this year.
Freight-car loadings in less than carload lots ex-panded during September by less than the usual sea-sonal amount, and the adjusted index declined onepoint. For the year to date, loadings of this class ofmerchandise were 8 percent lower than in the sameperiod of 1932.
Commercial failures, which showed a sharp declinein both number and the amount of liabilities, involvedwere lower than at any time since 1920. Advertisinglinage in both magazines and newspapers increased.
DOMESTIC TRADE STATISTICS
Year and month
1930: September1931: September1932:
SeptemberOctoberNovember..December
1933:JanuaryFebruary.MarchApril.MayJuneJulvAugustSeptember
Monthly average, Jan-uary through Septem-ber:
19311932...1933
Retail Trade
Department stores
•M Sales "Uf
Unad-just-
ed i
Ad-just-
ed 2
Stocks 3
Unad-just-
ed
Ad-just-
ed 2
Monthly average, 1923-25—100
10388
7573
106
494950686764495973
or
6459
9985
68696360
606057676768707770
95| 84
! 63i 67
6956
5254555556565662
j 73
-6658
9181
60616160
585754535557606470
Chain-store sales
Com-binedindex
(19 com-panies)
Avg. samemo. 1929-31=100
831 82: SO
791 80! 76
75i 78
78i 82: 86
84I 83
85SO
Variety stores
Unad-just-
ed
Ad-just-
ed
Monthly aver-age 1923-25=
100
149142
123142130226
100103110129126125123129137
143125r>o
156156
135133129117
135138121140130137142139151
Mailorderandstore
sales, 2houses
Thou-sands
of dolls.
54, 43945, 955
39, 15645, 423
1 41,281| 51, 556
26, 95826, 17627, 55435, 36537, 77838, 98633, 56640, 327
| 43, 219|
45 50835, 76434, 438
i
Wholesaletrade
Em-ploy-ment
i
Payrolls
]Monthly aver-age 1929=100
94.886.1
77.177.877.677.0
75.374.173.173.374.075.776.979.782.1
87.378.576.0
93.681.4
63.163.963.362.6
61.758.657.156.057.457.359.160.863.3
85.168.25S.9
Freight-carloadings, mer-chandise I.c.l.
Unad-just-
ed
Ad-just-
ed 2
Monthly aver-age 1923-25=
100
9988
727270
| 64
65646365681 677069
| 70
i 887367
9485
69696869
696662636667706968
Commercialfailures
Fail-ures
Num-ber
1,9631,936
2,1822,2732,0732,469
2,9192,3781,9481,9211,9091,6481,4211,4721,116
2, 3302,7791, 859
Liabil-ities
Thou-sands
of dolls.
46, 94747, 256
56, 12852, 87053, 62164, 189
79, 10165, 57648, 50051, 09847, 97235, 34527, 48142, 77621, 847
59, 08684, 18246, 633
Advertisinglinage
Maga-zine
Thou-sands
of lines
2,5982,069
1,3101,6071,7541,641
1,1161,4901,6301,7291,7321,5441, 2721,1841,407
2, 4231,7961,456
News-paper
Mil-lions of
lines
89
62716461
52475060626149546',»
f > 45.5
! Corrected to average daily ; 2 Adjusted for seasonal variation. 3 End of month figures.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1933 SURVEY OF CURRENT BUSINESS
EmploymentEMPLOYMENT and pay rolls continued to rise in
September for the sixth successive month. Thesteady improvement since March is evidenced by a 35-percent increase in the factory employment index anda 56-percent rise in the factory pay-roll index for thehalf year, as reported by the Federal Reserve Board.It has been estimated that more than 600,000 wageearners returned to work during the month. In Septem-ber factory employment was 25 percent and factory payrolls 37 percent higher than in the same month a year ago.
The increases in factory employment and payrolls from August to September amounted to 4.4and 3.4 percent, respectively. The Bureau of LaborStatistics' report showed employment gains in 10 ofthe 14 manufacturing industry groups, and in 73 of the89 reporting manufacturing industries. The most pro-nounced gains occurred in the lumber, machinery,nonferrous metals, and chemical groups, all showingnearly the same increases, 7.2 to 7.4 percent for themonth. Seasonal activity helped to account for largeemployment increases in the cottonseed-oil-cake-meal,the fertilizer, and the radio industries.
Every one of the 16 nonmanufactaring industriessurveyed in September reported added employmentover August. Partly seasonal gains in employment of56 percent in canning and preserving, 19 percent foranthracite coal mining, and 10 percent in retail tradewere shown for the month. It was interesting to notetha t in 8 of these 16 nonmanufacturing groups the
relative increase was greater in pay rolls than in em-ployment. This reflects higher wage rates and thereturn of employees from part-time to full-time work.
Labor disturbances have increased greatly during thepast few months and have been a significant factor inretarding the improvement not only in employmentbut also in production. It has been estimated thatover 5 million working days were lost in September,due to strikes, as compared with slightly over a halfmillion in June. The National Labor Board has beensuccessful in settling many strikes, but the number ofdisputes has increased very rapidly over wide areas.During periods of business revival arid increasing em-ployment opportunities, labor regains much of itsaggressiveness lost during the preceding depression andstrikes usually increase during such times.
The National Industrial Conference Board wage-rateindexes for September revealed another rise in bothaverage weekly and average hourly earnings in fac-tories. The former index reached a point 34 percentabove the March average and 20 percent above thelevel of a }^ear ago. The lowest average hourly earn-ings in factories during the depression was recorded inJune of this year and by September a 17-percent risehad occurred. Apparently the increase in averageweekly earnings from March to June or July was duelargely to increases in the weekly hours of work,whereas the increase since that time has been dueprimarily to the higher average hourly rates.
STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES
Year and month
1930: September1931: September1932:
SeptemberOctober...NovemberDecember
1933:JanuarvFebruaryMarch\prilMay . _-JuneJulyAugustSeptember
Monthly average,January throughSeptember:
193119321933
Factory employmentand pay rolls, F.R.B.
Employment
Unad-justed
Ad-justed*
PHYrolls
Unad-justed
Monthly average,1923-25=100
86.474.7
01.562.060.959.6
58.159.256.757.860.064.168.973.478.6
76.162 463.9
83.472.8
60.361.161.260.6
59.459.456.657.760.664.870.173. 374.3
83.061.8
42.143.541.840.9
39.240.036.938.642.046.249.955.757.6
68. 946.4
! 45.1
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
93.880.0
55.863.962.762.3
52.558.754.651.643.239.543.847.756.8
79.662. 349.8
91.664.9
47.066.751.056.2
43.256.848.837.430.034.338.246.660.7
72.852.344.0
90.580.4
62.467.069.470.0
69.869.367.663.761.261.363.268.671.8
83.966.966.3
74.953.6
30.237.838.037.7
36.137.230.726.626.929.233.643.344.1
58.534.934.2
105.294.7
81.079.979.178.4
77.777.476.976.976.977.377.578.180.3
97.084. 377.7
106.194.3
74.774.473.273.2
73.071.671.969.469.969.970.070.971.8
98.181.970.9
96.885.0
77.476.275.574.8
74.673.973.272.370.169.268.568.168.3
87.680.370.9
102.292.1
75.975.774.373.5
71.771.971.667.868.566.666.766.164.6
94.583.368.4
92.086.6
77.881.381.795.2
76.973.471.478.677.078.374.678.186.0
87.479.277.1
92 483.5
64.667.166.973.6
62.758.455.160.459.560.558.162.769.2
86.169.560.7
Trade-unionmem-
bers em-ployed
1Percentof total
members
7974
68696866
656666676769696971
746868
Wages
Factory '
Aver-age
weeklyearn-ings
Aver-age
hourlyearn-ings
Dollars
25.1021.75
16.2316.8616.8416.37
16.2116. 1314.5615.3916.7118.4919.1519.2519.48
23.2217.2317.26
. 590
.562
.479
.474
.468
.467
.468
.464
.460
.460
.453
.452
.455
.497
.531
.570
.507
.471
Com-monlabor
Cents1 perhour
4034
32323232
32323-333333343537
363333
i Adjusted for seasonal variation. 2 National Industrial Conference Board.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
8 SUKVEY OF CURRENT BUSINESS November 1933
FinanceBANKING and money-market conditions during
September and the first 3 weeks of October werefeatured by (1) continued ease in short-term interestrates, (2) a renewed decline in the latter part of theperiod of the dollar on the foreign exchanges, (3) theoffering of $500,000,000 in 10- to 12-year Treasurybonds which were heavily oversubscribed, (4) a re-duction by the Federal Reserve Bank of New York ofits rediscount rate from 2% to 2 percent, effectiveOctober 20, and (5) the President's announcement onOctober 22 that the Reconstruction Finance Corpora-tion would begin at once the purchase of newlymined gold at prices to be determined from time totime by the Treasury.
Stock prices during September were rather irregularbut the general tendency was downward. Aftershowing evidences of weakness during the first weekof the month, the market was featured by mixedadvances until the middle of the third week when thepersistent weakness of utility and bank issues led toa sharp reaction in security prices generally. Duringthe first half of October security prices showed arather pronounced downward trend. Sharp declinesaround the middle of the month coincided with re-covery of the dollar. However, for the period underreview taken as a whole there was no close correlationbetween dollar exchange rates and security prices.
Security loans of member banks continued to movedownward during September in line with a tendencywhich set in during July. The upward trend of "allother" loans was maintained through an increase of
about $200,000,000 in September and the first 3 weeksof October.
The continued purchase of United States Govern-ment securities by the Federal Reserve banks contributedto the heavy demand by banks for prime commercialpaper, the rate on which declined by the end of the monthto \}i percent, the lowest rate on record for this type ofpaper. The prohibition of interest payments on demanddeposits by the Banking Act of 1933 also contributedto the decline in money rates owing to the vigorouscompetition of "outside" depositing banks in the NewYork market for the comparatively small amount ofopen-market paper of short maturity.
Money in circulation showed a less than seasonalincrease during September and a rather irregularmovement during the early weeks of October. As aresult of the Federal Reserve banks' open-market pur-chases of Government securities and the apparentfurther return of currency from hoards, excess reservesof banks outside of New York alone rose to approxi-mately $600,000,000 by the end of September.
Among significant factors in the financial marketsduring the first 3 weeks of October was the calling ofapproximately $1,900,000,000 of the 4% percent FourthLiberties. The reduction to 2 percent of the NewYork Federal Reserve Bank's rediscount rate came ata time when total excess reserves of member bankshad reached roughly $800,000,000. Further indica-tions of general financial conditions were the continuedinactivity of the capital markets and the renewed in-crease during September of Postal Savings deposits.
CREDIT AND BANKING STATISTICS
Year andmonth
1930:September
1931:September
1932:SeptemberOctober _ _ _November-December.
1933:January.. _February..MarchAprilMayJune. .JulyAugustSeptem-
ber
Bank debits
NewYorkCity
Out-sideNewYorkCity
Reporting m e m b e rbanks, Wednesdayclosest to end ofmonth
Loanson
securi-ties
Allotherloans
In-vest-
ments
Condition of Federal Reserve banks, end ofmonth
Reserve bank credit outstanding
TotalBillsdis-
count-ed
Billsboughtin theopen
market
UnitedStates
Govern-ment
securi-ties
Totaldeposits
Mem-ber
bankreserve
ac-count
Totalbank-er's ac-cept-ancesout-
stand-ing,
end ofmonth
Netgoldim-
portsin-
cludinggoldre-
leasedfromear-
mark 3
Moneyin
circu-lation
De-posits,NewYorkState
savingsbanks
Millions of dollars
27, 383
20, 073
14, 16312, 9449,815
13, 967
12,41312, 03612, 45412,01213, 97716, 74317, 35413, 076
12, 340
21, 253
16, 627
11, 76712,35410, 93512, 820
12, 05310, 4019,608
10,61211,50912, 96913, 87812, 375
12,215
8, 476
6, 346
4, 5214,3114, 2884,315
4,2594,234
/ 4, 252/ 4, 267/ 4, 308/ 4, 335/ 4, 328
/ 4, 238
8, 538
7,845
6,1856,1306,1255,982
5,9075,393
/ 5, 408/ 5, 486/ 5, 407f 5, 488/ 5, 480
/ 5, 577
6, 454
7, 916
8, 2018,5858,5898, 507
8,5598,196
/ 8, 570/ 8, 632'8,927/ 8, 708/ 8, 776
' 8, 684
1, 103
1,578
2, 2332,2272,2022,145
2,0772,7942,5722,4592,2182,2202,2092,297
2,421
272
328
332328309235
274582426435302164167153
128
209
469
33343533
31336305171204897
7
597
742
1,8541,8511, 8511,855
1, 7631,8661,8381,8371,8901,9982,0282,129
2,277
|2,532
2,506
2,3122,4462,4842, 561
2,5542,2362,1332,3802,3942,4942, 5442,675
2,748
2,467
2,364
2,2252,3832,4112,509
2,4462,1411,9492,1322,1672,2922,2942, 409
2,438
1, 367
996
683699720710
707704671697669687738694
715
6.5
-258. 5
100.266.470.3
171.9
37.0-169.4-113.3
23.71.0.3.6
— .9
-7.4
4,493
5,133
5, 6855,6435, 6435,699
5,6315,8926,9986,1375,8765,7425,6755,616
5,632
4,662
5,231
5,2825,2715, 2655,314
5,3175, 2695,2205,1645,1135,1305,0855,059
5,079
PostalSavings,
bal-ance tocreditof de-
positors
Thou-sands ofdollars
189, 845
468, 908
858, 720870, 823884, 297900, 796
942, 5191, 006, 1851,112,7151, 158, 4161, 178, 7881, 185, 1051, 176, 7951, 177, 626
1, 180, 573
i Net exports indicated by (—). / Estimated on basis of new report covering 90 cities; old report covered 101 cities.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1933 SURVEY OF CURRENT BUSINESS 9
Foreign TradeUNITED STATES exports during September were
valued at $160,000,000 and imports at $147,000,-000, a net balance of merchandise exports of $13,000,-000. Exports usually show a seasonal increase ofabout 14 percent from August to September andimports a seasonal decline of 1 percent. This yearthe value of exports advanced 22 percent, while thevalue of imports declined 5 percent.
Exports in the third quarter were valued at 25percent more than in the same quarter of 1932 andimports at 65 percent more. While the quantitiesof goods moving in foreign trade have increased sub-stantially, a considerable part of the advance in bothexport and import values was attributable to higherdollar prices.
Larger shipments of cotton accounted for a substan-tial share of the 29-rnillion-dollar increase in the totalvalue of exports in September. Nevertheless gainswere recorded throughout the entire list of commodities,and the total value of each of the 11 commodityclassifications was greater than in the previous month.
Export commodities increasing in value during themonth included unmanufactured cotton, which gained$17,100,000; fruits, $1,300,000; unmanufactured to-bacco, $2,300,000; petroleum and products, $2,900,000;heavy iron and steel manufactures, $1,000,000; agri-cultural machinery, $600,000; and fertilizers, $500,000.
Declines in the values of individual exports wererelatively few and for the most part relatively small.Among these, grains and preparations showed a de-cline of $300,000; naval stores, $200,000; cotton man-
ufactures, $400,000; copper, $300,000; industrial ma-chinery, $200,000; and paints and varnishes, $100,000.
The decline in the value of imports followed therapid expansion from 88 million dollars in April to155 million dollars in August. While enlarged do-mestic activity contributed to the rising volume oftrade through August, the declining value of thedollar in foreign exchange stimulated a considerableamount of forward buying. As a result of the slack-ening of business activit}^ in August and the contra-seasonal decline of September, as well as the narrow-ing of fluctuations in dollar exchange during Augustand the first few days of September, some decline inimports was to be expected.
Among the leading import items contributing to thesmaller values in September, together with the re-spective declines, were the following: Raw hides andskins, $1,400,000; coffee, $2,600,000; cane sugar fromthe Philippines, $1,100,000; jute burlaps, $1,500,000;miscellaneous vegetable fibers and manufactures,$1,000,000; unmanufactured wool, including mohair,$1,800,000; raw silk, $900,000; petroleum and prod-ucts, $1,200,000; and tin in bars, blocks, and pigs,$2,800,000.
Five of the eleven commodity groups of importscontinued to record higher values in September.Among the leading commodities, crude rubber gained$800,000, paper and manufactures $1,200,000, ferro-alloys $600,000, art works $1,000,000, paper-basestocks $400,000, undressed furs $600,000, and sugarfrom Cuba nearly $500,000.
EXPORTS AND IMPORTS
Year and month
1930: September1931: September1932:
September ,OctoberNovemberDecember.
1933:JanuaryFebruaryMarch... _AprilMayJuneJulyAugustSeptember
Cumulative, Januarythrough September:
193119321933
Indexes
Totalex-
ports,ad-
justed*
Totalim-
ports,ad-
justed i
Monthly aver-age 1923-25=100
7845
33333233
312928293236433840
257236234
7456
32323230
292626253240485048
256235236
Ex-ports,
in-clud-ing
reex-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,andacces-sories
General imports
TotalCrudema-
terialsFood-stuffs
Semi-man-ufac-tures
Fin-ishedman-ufac-tures
Millions of dollars
312.2180.2
132.0153.1138.8131.6
120.6101.5108.0105.2114.2119.8144.2131.5160.1
1,841.81, 187. 51, 105. 1
307.9177.4
129.5151.0136.4129.0
118.699.4
106.3103. 1111.9117.5141.7129.3157.5
1, 805. 51,159.71, 085. 3
94.344.4
47.460.555.352.2
42.331.829.428.635.040.351.542.063.6
366.7345. 6364. 5
62.823.5
32.140.038.539.0
29.720.618.116.926.129.336.828.245.3
194.8227.7251.0
46.028.4
20.425.219.916.0
16.212.813.411.313.013.415.416.918.7
273.0180. 5131.1
9.29.2
9.612.27.94.8
4.63.83.92.93.82.94.35.66.8
73.851.738.6
37.121.4
15.916.914.615.7
15.813.216.515.317.618.221.420.531.3
255.0149.5159.8
130.683.2
45.948.446.645.0
44.341.547.047.946.245.753.450.053.9
910.7484. 2429.9
33.524.6
9.111.610.29.7
9.28.59.48.89.19.3
10.110.911.7
263.5100.187.0
16.58.7
4.95 04.45.1
6.56.36.97.47.47.07.58.18.3
125.961.865.4
226.4170.4
98.4105.5104.597.1
96.083.894.988.4
106.9122.3143.0155. 0146.7
1,618.71, 015. 71, 037. 0
75.452.9
27.327.227.828.7
27.221.123.621.124.934.346.450.748.3
492.2274.6297.6
48.235.1
31.333.532.028.2
30.730.033.632.840.036.938.835.431.2
420.7313.3309.4
41.030.3
14.616.716.616.7
16.213.614.813.518.327.831.035.233.5
290.2166.9203.9
61.852.0
25.328.128.123.4
21.919.122.920.923.623.326.833.733.6
415.5261.0225.8
17005—33 2i Adjusted for seasonal variation. 2 Monthly average.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
10 SURVEY OF CURRENT BUSINESS November 1933
Real Estate and ConstructionINCREASING 16 percent above the record of the
previous month, the value of construction-contractawards in September aggregated the largest total sinceSeptember of last year. The movement was in con-trast to the slight slackening in building activity whichusually occurs in September. The largest gain was inpublicly financed construction—primarily highwayconstruction and levee work in the Mississippi Valley.Small increases occurred in residential and nonresi-dential building. The improvement which occurredin construction contracts awarded in the first 2 weeksof October was also the result of public works awards,which amounted to $44,000,000, out of the totalcontract value of $65,000,000.
The gain in value of awards during September andearly October was reflected in the adjusted index of theFederal Reserve Board, which advanced 25 percent.While activity in the industry was only slightly higherlast September, it was approximately two and threetimes as great in the same months of 1931 and 1930,respectively. Contracts awarded during September,valued at $123,000,000, were comprised of 7,600projects, with a measurable footage of 13,380,700square feet.
Residential building operations exceeded by a smallmargin the activity reported last September, and duringthe last 3 months the value of that class of constructionaggregated 9.6 percent more than in the correspondingquarter of 1932.
The value of public-works awards was the highest ina year and reflects the recent efforts of the FederalGovernment to expand these undertakings. High-way projects accounted for $30,000,000, and water-front developments $20,000,000, of the total value ofthese contracts which was $57,000,000. The value ofpublic-utility contracts was relatively small as com-pared to the total for August, which included severallarge awards for water-supply s}rstems.
The cost of highways approved for constructionunder the appropriation for Federal-aid highways inthe fiscal year 1932-33 (shown in table) recededfurther to a relatively small total for September. Theamounts still unobligated of the funds appropriatedfor this work was but $8,790,000 as of September 30,1933. The $400,000,000 of Federal funds madeavailable to States for highway construction under theNational Recovery-Public Works Act, effective June16, 1933, is administered separately and does not showin the series given below. Of the total appropriatedunder the Emergency Act, $106,000,000 was obligatedby the end of September.
Increases in labor costs and steel prices were responsi-ble for the advance of 7 percent in the EngineeringNews-Record Construction Cost index as of October1. Common construction wage rates rose from 45.24to 50.57 cents, the highest level since June 1931, andsteel advanced 10 cents per 100 pounds.
BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Year and month
1930: September1931: September1932:
SeptemberOctober _ .NovemberDecember
1933:January -February.MarchAprilMay_...JuneJulyAugust . -„September
Monthly average, Januarythrough September:
193119321933
Construction contracts awarded
F.R.R.indexad-
justed i
Monthlyaverage
1923-25=100
8159
30292728
221914141618212428
672820 ;
AH types ofconstruction
Num-ber ofproj-ects
1 1, 4959, 105
7,1526,4835,2664,205
3,8003,8846,3037, 2549,4099,1868,2298, 1937,600
9, 8376, 6867, 095
Mil-lions ofdollars
:m25 J
12810710581
8353605777
10383
106123
28511883
Residentialbuilding
Mil-lions ofsquare
feet
19.713. 0
6.66.05.53.4
3.23.14.85,88.48.37.46.40.8
17.30.56.0
Mil-lions ofdollars
98.554.6
22.821.919.213.0
12.011.816.019.126.527. 823.621. 923.8
74.425. 1'iO.3
Pub-lic
utili-ties
Pub-lic
works
Millions ofdollars
29.316.1
4.58.34.16.5
8.04.7
| 2.5I 2.4t 5.6
5.04. 1
19.4;n
26. 16 3e!i
80.470.4
64.250.250.136.9
34. 712.515.111.213.419.414.832. 057.3
S3 84 L 922.4
Explo-siv-new
orders
Thou-sands ofpounds
33. 17325, 803
20, 86722, 12219, 07417, 998
17, 12915,43715, 43515, 00614, 97517, 886
Building materialshipments
Maplefloor-ing
Oakfloor-ing
Thousands offeet, board
measure
3,3313, 144
2,4022,0311,9021,590
1, 4961, 3181,2462,0972, 7154,3844,3263, 386
3, 1752, 289
19,89819, 486
11,73910, 6575, 9184, 327
4, 4336, 0747,5739,479
14, 54917, 72313, 67612,7939,563
23, 55511.46710, 651
Ce-ment
Thou-sands ofbarrels
18, 08313, 671
9,7298,7434,7822,835
2, 5022,2783,5104. 9496i 7097,9798, 6975, 9940,517
11.4237. 1355, 459
Federal-aidhighways
Ap-proved
forcon-
struc-tion
Undercon-
struc-tion
Thousands ofdollars
49. 59729, 779
58,31956, 05851, 97645, 085
40, 18033, 05025, 73813, 1278,3718,9969,2080, 2092, an
79, 30357, 32916, 3S9
306, 027344, 072
260, 943255, 315250, 724250, 978
252, 372260, 185265, 678269, 489260, 736242, 107222, 452191.04015M43
319.864222, 260235, 834
Con-struc-tion
costs,Eng.
News-Rec-ord 2
Month-ly av-erage1913=
100
199.0171.4
158. 0159. 2158. 2158. 5
158.4159. 3158.4160.2164. 4163.4165. 5167. 01 75. 5
156.4163. 6
Realestatemar-
ket ac-tivity,deeds
record-ed
Month-ly av-erage1926=
100
66. S60. :-;
53.460.450.152.9
50. 457.241.741.146.444.941 .547.4
Long-termreal
estatebondsissued
Thou-sands 01dollars
££700
0220200
0900
0000u0
11,100:wi100
1 Based on 3-month moving average and adjusted for seasonal variation. 2 First of month. October 1 index 187.7Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1933 SURVEY OF CURRENT BUSINESS 11
TransportationDECLINING productive activity and lagging
retail trade are reflected in the failure of carload-ings to show the usual fall increase. Weekly loadingshave recently moved in a horizontal direction; and asthe movement in September-October 1932 was sharplyupward, the gain over a year ago has been reduced toa small figure—only 1.3 percent for the latest weekreported. Nevertheless, the slight expansion in load-ings that has occurred has resulted in a further im-provement in the financial position of the carriers.Passenger traffic has also picked up and is contribut-ing to the improved trend of earnings. Pullman pas-sengers carried in August were higher than in August1932, the first month to show an increase over the pre-ceding year since March 1929. A number of the classI lines that were unable to cover their fixed chargesin 1932 will have a surplus over charges this year.
Carloadings during September increased 2.4 per-cent to the highest total for the year. This was lessthan the usual rise, and the adjusted index droppedfor the second successive month. One of the con-tributing causes was the failure of coal loadings toincrease the usual seasonal amount. Ore was theonly class of loadings to show an expansion of morethan seasonal proportions, but grain loadings increased,contrary to the usual trend. The August grain move-ment, however, was exceptionally small. Daily aver-
age less-thaii-cai'lot loadings dropped slightly, andthe adjusted index fell one point to 68 percent of the1923-25 average. The usual quarterly forecast of car-loadings for the final period of 1933, issued by theregional shippers7 advisory boards, estimated anincrease of 15 percent over the last quarter of 1932.
Traffic in September suggests that financial opera-tions continued relatively favorable. Freight movedwas about 12 percent above September, 1932 and pas-senger revenues were also higher; as a result operatingincome for the month showed a wide gain over last-year. The increase over a year ago was not as great asin August, owing to the sharp rise in September 1932.The roads in the past 2 months have used a slightlyhigher proportion of their gross for operation expenses,and the progressive increase in net operating incomehas been arrested. For the first 8 months of the year,however, net operating income was 87 percent abovethe same period of 1932,
The number of employees on class I roads increasedto 1,058,000 in September, a gain of 27,000 for themonth and of 124,000 over the low point of lastMarch. Both employment and pay rolls in the equip-ment-manufacturing branch declined, and the slightgain in the number of employees in repair shops wasnot accompanied by a corresponding increase in payrolls.
RAIL AND WATER TRAFFIC
Year and month
1930: September1931: September1932:
SeptemberOctober ...NovemberDecember
1933:JanuaryFebruaryMarchAprilMayJuneJuly.AugustSeptember
Monthly average, Janu-ary through September:
1931... ~1932193:?
Freight-ear loadings
F.E.B. index
sIfi3
f
^
•d£
|
Monthly aver-age, 1923-25 =
100
9978
61655852
515148515660666568
765657
8769
54575758
565450535660656160
"j«
I•3a i
5V
•«0
o
1
i
111cS3C
*eS
O
&«o
!2
0
•dfi .
r2«
«
s itfi3oofl98
11 F
reig
ht-
ear
surp
lus
Thousands of cars *
939. 4737. 2
573.5631.6548.8497.4
477.6489. 5460.3500.9532.0566. 3621.8625.7640.9
736. 5537. 8549.3
154.6127.8
108.8135.2122.8125.2
107.1123.191.479.579.690.5
112.1123. 5125.0
124.294.3
103.7
8.35.0
3.74.84.85.6
5.26.24.53.43.84.96.66.77.0
6.54.05.4
40.626.0
17.618.916.013.2
13.713.714.617.220.825.126.827.224.7
30.817.820.6
46.337.3
37.634.727.826.5
26.625.326.035.537.036. 744.929.631.2
40.732.732.9
27.624.8
20.723.419.016.6
17.215.413.016.516.615.515.016.620.3
21.417.816.3
237. 7211.9
171.8178.7166. 5155. 4
153. 4154.6156. 1160. 5165. 3163. 6166. 4170.0168.4
215.1177.4162.3
47.329.7
6.16.43.01.8
1.81.82.03.27.7
11.122.134.236.8
19.44.2
14.0
376.8274.7
207.2229. 6189.0153.1
152.6149.4152.7185.2201.2219.0227. 8217.9227. 6
278.2189. 5194.2
394564
599545622647
692650681619553454393398380
604721536
Pu
llm
an
p
asse
ng
ers
carr
ied
Thou-sands
2.5171,969
1,3391, 1581.0781,248
1, 158952872974951
1,2011,2241,351
a 2, 01 7o 1, 366a 1, 085
Financialstatistics
fl^U>3
I1"S "»o *<J35« o®Sa^82&
*£!« M
"5 -s «•«« w « 8^ c £:EE!ft
Thousands ofdollars
104.435651428
49, 64763, 83934, 17932, 857
13, 2669, 855
10, 54819,04140, 69359, 48364, 30760, 978
"44, 114«1S,659^34, 771
32. 70020, 000
9, 20010, 4007,5005,900
10, 5008,000
11,30011,5001,4252.950
16,5004, 9006,800
38, 26721, 1448,208
Canal traffic
«
1GJ
3Q
(5CC
&5ocXo^0>
fc
Thousands ofshort tons
10, 3477, 126
3, 8073,9242,877
215
000
6963,4903, 5826, 0507,6908,452
* 5, 838h 2, 244;- 4, 993
458587
47S554588
0
000
183542479473623517
* 452A 417;'470
rt
1Thous.of long
tons
1,040884
038723682587
560623724664783779823
1,002
- ss*»643•>' 745
• For seasonal variation. • American vessels, both directions. 4 Average weekly basis. » 8 months' average. h Average April-SeptemberDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
12 SURVEY OF CURRENT BUSINESS November 1933
Automobiles and RubberWITH manufacturers preparing for the introduc-
tion of new models, automotive schedules werecurtailed further during the first 3 weeks of October.Despite the declines, however, unit output remainedmore than twice as high as during the correspondingperiod a year ago. Eetail sales of new cars werealso relatively well sustained, although the trend wasgradually downward.
September production totaled 196,000 units, ascompared with 84,000 in the same month last year,and 141,000 in September 1931. The decline fromAugust, amounting to 17 percent, reduced the adjustedindex of the Federal Reserve Board from 61 to 58percent of the 1923-25 monthly average. Totalproduction in the third quarter of 1933 was higher thanfor any similar period since the second quarter of 1931.Labor difficulties continued a hampering influence inthe industry throughout September and October.The number of wage earners increased 4.2 percentduring September and was 43 percent above the totalemployed a year ago. Production in Canada declined4.5 percent in September. So far this year Canadianplants have produced 5.9 percent more cars than duringthe same period last year.
While output of passenger cars declined 17 percentin September, two and a half times as many unitswere produced as during the period a year ago. Thenumber of taxicabs produced during the month was
negligible. Truck output declined in contraseasonaltrend. As the previous rise had been of much morethan seasonal proportions, however, the decrease inproduction at this time is not of particular significance.
Automotive exports, including passenger cars, motortrucks, accessories, and parts, were valued at $8,283,000during September, as compared to $8,051,000 inAugust. The gain was due primarily to larger ship-ments of trucks, which numbered 4,614, an increase of822 over August, and the largest total since April 1931.Little change occurred in the number of passengercars exported during the month. The total value ofexports was the largest since March 1932.
Retail sales of passenger cars in September wereadversely influenced by the proximity of the new-modelseason. The decline, however, was smaller thanusually takes place in that month, and the strongtrend is in contrast to that evident in some other linesof business.
According to preliminary figures, production ofpneumatic tires declined approximately 20 percent ascompared with the preceding month. The decrease indomestic shipments amounted to 25 percent. Outputremained 14 percent higher than total shipments,resulting in a further increase in stocks. Domesticconsumption of crude rubber declined 21 percent, butwas 50 percent higher than during September last year.World stocks at the end of the month increased slightly.
AUTOMOBILE AND RUBBER STATISTICS
Year and month
1930: September .1931: September1932:
September..OctoberNovemberDecember
1933:JanuaryFebruary. . ,MarchAprilMayJuneJulyAugustSeptember
Monthly average, Jan-uary through Sep-tember:
193119321933 . _
Automobile production
United States
F.K.B.index,
ad-justed i
Month-ly av-erage
1923-25= 100
6240
24163160
483327445166706158
633551
TotalPas-sen-gercars
Thousands
221141
844960
107
130107118181218253233236196
235128186
175109
65354786
1089199
153185211195195161
196107155
Taxi-cabs Trucks
Canada
Total
Automobileexports
Passen-ger cars Trucks
Newpas-
sengercarreg-
istra-tions
Number
930141
135
239291
5152660411
54354
689
36065
155
44, 22331, 338
19, 40213, 59512, 02521, 204
21, 71815, 33318, 06427, 31733, 60541,83938, 06541,34335,182
39, 06620, 92930,274
7,9572,646
2,3422,9232,2042,139
3,3583,2986,6328,2559,3967,3236,5406,0795,808
8,6115,9506,299
8,1304,577
3,0531,7331,7622,757
7,0595, 5215,5285,6625,0934, 7575,5466,5166,330
7,9523,9105,779
5,2854, 171
2,6012,5491,3532,221
3,0843,1362,5282,6562,4452,4783, 5823,7924,614
4,3592,0933,146
175, 286124, 903
81, 89363, 19544, 35845, 683
79, 82169, 46478, 741
119,909160, 242174, 190185, 660178, 661141, 000
183, 567104, 796131, 965
Automobilefinancing
Bywhole-
saledealers
Retailpur-
chasers
Millions ofdollars
4536
19131220
3028284155575870
"56"33<>46
9068
39342827
3129344558666571
o 90"51050
Pneumatictires
Pro-duc-tion
Do-mesticship-ments
Thousands
2,6922,538
2,0312,0551,8431,586
1,8061,8711,6302,4994,1514.8804,5713,995
« 3, 745« 3, 06903,175
3,3603,034
2,4111,3851,3061,405
2,0111,7641,6162,8744,0774,3204,3243,674
o 3, 624"3,111a 3, 083
Crude rubber
Do-mestic
con-sump-tion,total
Im-ports
Worldstocks,end ofmonth
Long tons
23, 26521, 747
20, 69219, 33720, 15715, 631
19, 92818, 82515, 70122, 81738, 78544, 65443, 66039, 09731,047
28, 86325, 88330, 502
35, 78338, 933
29, 28035,80629, 62032, 016
30, 66322, 96928, 47521, 03426, 73623, 50445, 24345,41346,255
45,18435, 23632,255
466, 173554, 458
599, 761604, 008611,301621, 078
614, 851618, 299622, 142617, 490620, 586632, 565619. 752605, 700610,000
531, 580610,944617, 932
1 Adjusted for seasonal variation. ' 8 months' average.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1933 SURVEY OF CURRENT BUSINESS 13
Chemical IndustriesACTIVITY in the chemical industries has been
maintained at a high level, despite the slackeningrate of production in the industries which are largeconsumers of major chemical products. Prices havegenerally remained firm. Electric energy consump-tion by the chemical and allied products industries inSeptember was the highest on record and was 44percent above the low point touched last March.Energy consumption was also a third greater than inthe same month a year ago. The increase overAugust amounted to 9 percent and was partly sea-sonal, although the revised August figures do notconfirm the earlier data indicating a seasonal decreasein that month.
Employment picked up sharply last month, andpay rolls continued to increase. Employment hasbeen mounting steadily since last May, the Septemberdata indicating an increase of over a fifth in thisperiod. The rise from August was 4 percent greaterthan the usual seasonal increase. Current employ-ment is 30 percent greater than at this time a yearago. Pay rolls in the industry were up about afourth compared with last March and were largerthan last September by a slightly higher percentage.
Prices of chemicals generally remained unchanged inSeptember but were still slightly higher than thegeneral wholesale commodity price level relative tothe 1926 base. Quotations on stearic acid and nitrateof soda were respectively 18 percent and 6 percent
higher than a year ago, while denatured alcoholprices declined 14 percent in this period.
Stocks of chemical manufactured goods increasedseasonally in September, the volume on hand at thistime being 4 percent less than at this time a year ago.Eaw material stocks were 9 percent under the volumeof September last year.
Output of refined methanol declined sharply inSeptember to a volume slightly greater than in thismonth a year ago. Synthetic methanol productionagain increased sharply to a record high volume almost70 percent greater than in August and more thandouble the volume of output in the same month of 1932.
Reflecting the lower rate of activity in the steelindustry, the production of byproduct coke declinedin September, although the volume was higher thanin the same month of either of the 2 preceding years.
Fertilizer consumption in Southern States doubledfrom August to September, the usual seasonal fallincrease. Consumption was slightly higher than atthis time a year ago. Foreign trade in fertilizers wasfeatured by an increase of over one third in the volumeof exports from August to September. Althoughimports also increased in this period, a net exportbalance of over 16,000 long tons was recorded inSeptember, reversing the customary net import bal-ance registered in each of the previous months of thisyear. Nitrate of soda prices at New York remainedunchanged from August to September.
CHEMICAL STATISTICS
Year and month
1930: September1931: September1932:
SeptemberOctober...NovemberDecember
1933:JanuaryFebruaryMarchAprilMayJuneJulyAugust _ -September
Monthly average, Januarythrough September:
193119321933
1General operations
Electri-cal
energycon-
sump-tion
Employment
I Unad-justed
Ad-justed1
Payrolls
unad-justed
Stocks
Manu-fac-
turedgoods
Rawmate-rials
Monthly average, 1923-25=100
147.1144. 6
126.8129.0130.1124.3
126. 0130.0115.6121.0127.1135.7152. 0152.5166.7
138. 0126.4136.3
102. 786.0
74.075.175.575.4
76.277.378.282.478.979.484.089.996.3
90.777.582.5
102.385.7
73.774.975.275.2
76.476.475.677.680.382.387.592.495.9
90.877.582.7
101.380.8
59.860.760.959.8
60.760.860.460.861.964.667.972.274.3
86.965.764.8
121118
121122121121
122120123119112107109112116
124126116
12099
112122122117
1121049993908787
' 85102
9410096
Alcohol
EthylRe-
finedmeth-anol
Syn-theticmeth-anol
By-prod-uctcoke
Explo-sives
Rosin,wood
Tur-pen-tine,wood
Production
Thousands of gallons
14, 29912, 952
13, 35513, 1407,3915,278
6,0149,0848, 2299, 0129,149
10, 68311, 68412, 482
all, 799ell, 207'9, 542
36557
102198141174
166117124839598
153182106
157113125
545663
698571532644
353325178425366559562860
1,461
645654565
Thous.of short
tons
3,3762,303
1,5441,7391,7521,786
1, 7851,6391,6661,6561,9212,2412,7972,9233,712
2,8311,7662,149
Thous.oflb.
35, 68826, 598
19, 55722, 62420, 75317, 930
17, 77716, 00815,80416, 00515, 78117, 271
Barrels
38, 29325, 058
31, 15533, 13231, 30829, 220
31, 18825, 58326, 59724, 92631. 04535, 16341, 03342, 96143,213
29, 43527, 58733, 523
6, 5733, 797
5, 0205,2025,4545,070
4,9754,1754, 2553, 8315, 0285, 5146,5166,7796,642
4,9914,4705,302
Fertilizer
Con-sump-tion 2
Thous.of short
tons
13691
97986085
205298825
1,119235431845
101
429266321
Totalimports
Nitrateof sodaimports
Long tons
160, 734146, 700
88,00691,61985,20647, 956
94, 31390, 34997, 507
102, 204101, 085105, 08381, 207
102, 028107,076
131, 82879, 59697,873
19, 36248, 590
51713
4,88748
4052,516
10666
8,43129, 9215,3083,9435,248
51,9915,0546,216
i Adjusted for seasonal variation. 3 Southern States. « 8 months' average.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
14 SURVEY OF CURRENT BUSINESS November 1933
Farm and Food ProductsPROCESSING of foodstuffs during September in-
creased, due principally to the large number ofhogs slaughtered for Federal account for relief pur-poses. This was the only major manufacturing indus-try covered by the Federal Reserve Board's indexes inwhich activity was higher than in August, after allow-ing for seasonal influences. The adjusted index ad-vanced 11 percent and was as much above the 1932 figure.Employment and pay rolls in the industry registeredmaterial gains, employment reaching the highest levelsince February 1930 and pay rolls since January 1932.
Farm prices declined during the period ended Sep-tember 15, but showed no change in the succeedingmonth. Prices of farm products at wholesale mar-kets declined fractionally during September and pricesof food showed a slight increase. Retail food pricesremained almost stationary during the month.
The condition of most late crops improved duringSeptember. A comparison of estimates as of October1 with those of a month earlier show small increasesin the forecasts for the corn, wheat, and oat crops.
Receipts of wheat at primary markets during Sep-tember declined more than seasonally; corn receipts,although greater than in August, were still below theabnormal receipts of July. Visible supply of wheatand corn in mills and elevators continued to increase.Wheat figures are less than a year ago, while cornstocks are relatively high and considerablv above last
Cattle slaughter during the month was the greatestfor any September since 1927. Hog killings totaled3,038,000, exclusive of those slaughtered for Federalaccount. In addition to the number of hogs slaugh-tered at public stockyards in recent months, a totalof 6,140,000 lightweight pigs and 214,000 heavy sowsin farrow were slaughtered during the period August23 to September 29, some going for emergency reliefand some reduced for fertilizer. Storage holdings ofpork and products on October 1 were reduced sub-stantially but were still higher than a year ago.
Butter and cheese receipts at five principal marketsduring the latest month were lower than during August,Butter stocks in cold storage on October 1 amountedto 174,857,000 pounds, an increase of [95 percent overthe same period last year. American cheese stocksstood at 99,369,000 pounds.
According to estimates of the Department of Agri-culture, the gross income of farmers from the sale ofcrops for 1933 will be $6,100,000,000. In addition,income from the Agricultural Adjustment Administra-tion should increase this sum to $6,360,000,000 whichis about one fourth larger than in 1932 but below the1931 income. Receipts from the marketings of farmproducts during the period August 15 to September15 were 11 percent greater than during the previousperiod, and 14 percent greater than in the similarperiod a year ago.
year.
FOODSTUFFS STATISTICS
Year andjmonth
1930: September.1931: September1932:
SeptemberOctoberNovemberDecember
1933:JanuaryFebruary"MarchAprilMayJune - --JulyAugustSeptember
Monthly average Jan-u a r y t h r o u g hSeptember:
193119321933
Food products
F.E.B.indexes
^iifh
•w
Isg»!»
w
Monthly aver-age, 1923-25=100
9693
95898384
898991
10599
10010095
105
908897
92.987.5
81.881.380.780.0
79.679.278.481.282.682.383.689.793.9
89.582.583.4
o>.2a
i
1I
Month-ly aver-
age,1926=
10089.573.7
61.860.560.658.3
55.853.754.656.159.461.265.564. 864.9
75.861.559.6
Agricultural u wiiAatmarketings I Wheat
|
5
45 1o !
•d
13s'c<
1Monthly aver-
age, 1923-25 =100
173119
12516513384
7052556081818769
126
787076
86
81838481
81697686
10310295
100in
928491
1v
I!II
&**l* flJo
III>
Millions ofbushels
0339
38271814
131013162329372723
422421
214239
194190177169
158148137126119125135150153
210187139
2«Z£S1»-S8pffi<'E «-*
Dollarsper
bushel
0.79.».55.51.49.46
.48
.48
.53
.64
.73
.781.00.92.89
.65
. 57
.72
Corn | Animals and animal products
1•3S3asja5-S
Mil-i lions ofbushels
168
19251312
1313
1?2634461421
151121
is>»^e* aj
38S£I
Dollarsper
bushel
0.89.46
.29
.24
.24
.22
.23
.22
.26
.33
.39
.40
.52
.50
.44
.52
.34
.37
£3
hO
T3-witQ
.8
14>U
W)
Thousands
2, 1081, 798
1, 6891,8961, 5431,161
1,3181,1361,1711,2961, 5581,4491,4561, 6571,653
1,5731,4151,410
2,7992,727
2,5052,6912,7753,121
3,3812,6992,6382,7983,1433,3612,8713,9176,494
3, 1242,9383,478
Meats
Con-sump-tion,
appar-ent
Stocks,coldstor-a?e»*end of
month
Butter(2)
Con-sump-tion,
appar-ent
Millions of pounds
1,0451,067
1,0961,0881,0421,014
1,061919993
1,0301,1071,0951,0511,1591,165
1,0251,0231,064
652638
637544513620
717751749780865
1,0491,1461,104
939
965902900
134145
142142139134
129123129134161129133143139
143141136
Im ports
11
Thou-sands
of longtons
392330
328239186174
258289430.536491426488269285
402406386
1V
Thou-sands
of bags
991794
782923935945
9111,0831,109
9221,187
977865
1,128834
1, 127952
1,002
Adjusted for seasonal variation. 2 Revised. Earlier data may be found on p. 19 of June 1933 issue. 3 Includes receipts from Hawaii and Puerto RicoDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1933 SURVEY OF CURRENT BUSINESS 15
Forest ProductsE'MBER production declined more than seasonally
in September and the early weeks of October, butthe cut was still somewhat in excess of the new ordersduring this period and unfilled orders were further cur-tailed. Shipments likewise were in excess of new ordersalthough less than production, and stocks on handincreased. Reflecting operations under the N.R.A.code for the industry, employment and pay rollsincreased in September despite the slackening in pro-duction. Lumber prices continued to move upwardduring the month.
The sharp decline in output in September followed asteady 6-month increase. The drop from the previousmonth amounted to almost 22 percent more than theusual slackening of the rate of operations at this time.Production was still, however, over 60 percent greaterthan at this time last year. It picked up somewhatduring the latter part of September, but not sufficientlyto overcome the sharp curtailment which followed adecline in new orders during the first half of the month.Production was again restricted during the early partof October.
Employment and pay rolls in the industry continuedto expand during September at about the same rateas in August. Since April, employment has increasedby two thirds and pay rolls have more than doubled.The increase in employment from August to Septemberamounted to 6 percent, while pay rolls rose almost 15percent in this period. The increase in employment
was greatest in the sawmill and the furniture sectionsof the industry, with little change taking place in themill work branch.
Prices of lumber continued the steady advancebegun last spring, the index for September showing anincrease of over 40 percent from the level of last April.This percentage rise was more than double that forthe general wholesale price level during this period.Lumber prices advanced slightly more than 3 percent inSeptember.
Weekly average carloadings of forest productsdeclined in September after increasing steadily sincelast spring. The decline from August loadingsamounted to about 10 percent. September shipmentswere, however, 44 percent above the car loadings dur-ing this month a .year ago, and were only slightlysmaller than in September 1931.
Naval stores industry employment picked up 9percent in September, while pay rolls increased byalmost a fifth. Marketings declined seasonally, butwere 13 percent greater than in this month a year ago.
Southern pine production declined sharply in Sep-tember, dropping 14 percent from the August volumeof output. The September rate of operations was,however, still over 40 percent greater than at thistime a year ago. New orders received continued todecline from the high level reached 4 months ago.Shipments were in excess of new orders, and unfilledorders declined.
FOREST PRODUCTS STATISTICS
Year and month
1930* September1931: September1932:
SeptemberOctober.-NovemberDecember -
1933:JanuaryFebruaryMarchAprilMayJune.,JulyAugust _ -September
Monthly average, Jan-uary through Sep-tember:
19311^3°1933
General operations
Lum-berpro-duc-tion,ad-
justed i
Em-ploy-ment,
ad-justed i
Payrolls,
unad-justed
Indexes ofmarketing
Totalforestprod-ucts
Navalstores
Monthly average 1923-25=100
5436
23242123
262022243038464636
442532
62.449.4
36.637.637.336.8
35.034.432.533.335.740.043.846.649.4
54.039 4
00.940.3
20.922.420.918.8
16.316.314.315.618.021.724.628.933.1
43.899 ^
39.0 21.0
59.057.6
51.555.951.346.9
50.850.854.457.363.065.565.2
158.2111.9
89.478.477.270.3
31.723.032.969.4
122.2134.6135.3125.3101.3
107.573 9
Car-load-ings,forestprod-ucts 2
Thou-sands of
cars
40.626.0
17.618.916.013.2
13.713.714.617.220.825.126.827.224.7
30.817 ^
86.3 20.6
Southern hardwoods
Pro-duc-tion
Neworders
Un-filled
orders
Douglas fir
Pro-duc-tion «
Neworders 2
Un-filled
orders,end ofmonth
Southern pine
Pro-duc-tion
Neworders
Un-filled
orders
Millions of feet, board measure
161105
68686849
60606471
135169105
176131
15411310168
799098
146
233184128
475387
275256246252
238230226247
264240208
49.938.8
24.122.721.116.4
23.424.421.128.834.435.049.037.7
«43.18 23. 2£31.7
54.439.7
38.422.523.721.2
26.424.328.333.657.349.538.624.5
g46. 8£26. 6s35.3
176.4125.3
119.176.181.985.1
120.9109.7107.9120.4195.2203.7218.9105.6
fi 109. 0«82 4
8147.8
207117
801139975
85788789
116121126133114
1
i 14392
105
206138
1341449168
9676
11311318015912011898
100115119
11274
82755044
575564679288817160
950571
Householdfurniture *
Ship-ments
Un-filled
orders,end ofmonth
Numberdays'
production
2719
121296
675666
101313
14
2615
119
6
75557
11171*18
171010
Adjusted for seasonal variation. 1 Weekly average. 3 Grand Rapids district f S-month average.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
16 SURVEY OF CURRENT BUSINESS November 1933
Iron and Steel IndustryEXPANSION usually appearing in the iron and steel
industry in October failed to materialize and by theend of the month operations were down to about 26percent of capacity compared with 41 percent in Sep-tember. The absence of a seasonal rise in demand wasattributed in part to the recent forward buying byautomobile manufacturers and other consumers of steelwhich prompted the advance in steel schedules from16 to 59 percent of capacity during the spring rise.Labor disturbances also continued as deterring influ-ences in some localities.
Another sharp decline in the Federal ReserveBoard's adjusted index of operations reduced the figurefor September somewhat below the point reported lastJune. Activity in the industry was 66 percent of theJuly as well as the 1923-25 monthly average level.Operations continued higher than in September 1931,slight expansion in operations which occurred in Sep-tember last year, when the rate of operations was muchlower.
Despite the declining rate of operations, employmentin the industry increased 2 percent during September,and was more than 50 percent above the low point oflast March. While wages receded slightly during themonth, the pay roll was more than double the amountpaid out 6 months ago.
Whereas pig-iron output usually increases slightly inSeptember, a decline of 17 percent occurred during themonth, and the number of furnaces in blast was re-duced from 98 to 89. With the exception of the
preceding 2 months, however, production remainedhigher than at any time since June 1931, and for thethird quarter was three times as much as the tonnageproduced in the corresponding period of 1932.
The decline in steel-ingot production amounted to20 percent. The movement was in contrast to theslight expansion in operations which occurred in Sep-tember last year, when the rate of operations was muchlower.
Unfilled orders of the United States Steel Corpora-tion, totaling 1,776,000 tons at the end of September,were the lowest on record. The drop was occasioned tosome extent by the new ruling attaching a penalty forcancelations, wilich made buyers more hesitant inplacing commitments.
Exports of heavy iron and steel products during thethird quarter of the year aggregated $12,021,000, al-most twice as much as the $6,355,000 value of theseproducts in the similar quarter of 1932. For theelapsed 9 months of the year, iron and steel exportswere 90 percent greater in quantity than in the corre-sponding period of 1932. While the quantity ofimports of iron and steel increased substantially dur-ing September, incoming shipments for the year todate were only 10 percent greater than in the first 9months of 1932.
Quotations for scrap eased during the month. Nochange occurred in prices of steel billets at Pittsburgh,while both the iron-and-steel and the finished-steelcomposite prices were higher.
IRON AND STEEL STATISTICS
Year and month
1930: September .- _1931: September1932:
SeptemberOctoberNovemberDecember
1933:January,.FebruaryMarchApril.MayJune _JulyAugustSeptember
Monthly average, Januarythrough September:
193119321933
General operations
Produc-tion,ad-
justed i
Em-ploy-ment,
ad-justed1
Payrolls,
unad-justed
Monthly average,1923-25=100
8345
28313127
293121354972
1008066
643154
81.767.4
51.353.253.852.8
50.651.448.350.052.558.166.373.274.7
73.756.858.3
75.445.2
23.426.225.624.2
22.724.722.424.429.536.242.452.749.0
60.029.533.8
Iron andsteel
Ex-ports
Im-ports
Pig iron
Pro-duc-tion
Thousands of longtons
13170
36415654
576481
10012310388
119109
884994
4031
29343529
222022282634534756
373134
2,2771,169
593645631546
569554542624887
1,2651,7921.8331, 522
1,669763
1,065
Fur-naces
inblast
Num-ber
12373
47495142
454538486390
1069889
965369
Steelingots
Pro-duc-tion
Thou-sands of
longtons
2,8401,545
9921,0871,032
861
1,0301,087
9101,3632,0022r5983,2042,9012,311
2,3011,1491,934
Per-cent
ofca-pac-ity
Per-cent
5528
18191815
182116253446594941
422034
Steelsheets 3
Newor-ders
Ship-ments
Thousands ofshort tons
214121
79956677
768183
119144
1 247174159
I 145
16491
136
187123
75927767
797375
100119153174174164
17495
123
UnitedStatesSteel
Corpo-ration,
un-filled
orders,end ofmonth
Man-ganeseore im-ports(man-ganesecon-tent)
Thousands oflong tons
3, 4243, 145
1,9851,9971,9681,968
1,899,854,841,865,930,107,020,890,776
3,6452,2361,909
27
0010
00232644
23
2355
Prices
Ironandsteel,com-posite
Steelbillets,Besse-mer
(Pitts-burgh)
Steelscrap(Chi-cago)
Dollars per long ton
32.6731.03
29.3229.3229.1228.93
28. 6928.3128.3528.1628.4528.7329.8130.0431.30
31.3529.5829.09
31.0029.00
26.0026.0026.0026.00
26.0026. 0026.0026.0026.0026.0026.0026.0026.00
29.5026.6926.00
12.508.20
6.256.005.935.25
5.255.255.256.008.458.91
10.4110.459.84
9.236.427.76
Finishedsteel,com-posite
Dollarsper 100pounds
2.242.20
2.162.162.152.14
2.122.102.102.062.082.09-2.172.172.20
2.212.162.12
1 Adjusted for seasonal variation. 2 Black, blue, galvanized, and full finished.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1933 SURVEY OF CUERENT BUSINESS 17
Textile IndustryEMPLOYMENT and pay rolls in the textile in-
dustry continued to expand in September, not-withstanding a further drop in production. This con-dition is a reflection of the operations of the code offair competition which materially altered employmentconditions in the mills. The Federal Reserve Board'sproduction index dropped 13 percent from the Augustfigure and also fell 5 percent below September 1932,when operations were stepped up rapidly. Produc-tion is now approximately one fourth below the peakreached in June. For the first nine months of theyear, operations were slightly higher than the 1923-25average.
Raw-cotton consumption, per working day, averaged19,461 bales in September, a drop of 11 percent fromAugust and an increase of 1 percent over September1932. This was the lowest consumption since Aprilbut the total for the first three quarters of the year wasmore than a third again as large as in the same periodof 1932, and was the greatest consumption for thisperiod since 1929. Spindles in September were oper-ated at capacity on a single shift basis, although thisrepresents more than the maximum of one shift underthe provisions of the code. This compares with opera-tions at 107 in August and 95 in September of lastyear. A comparison of the spindle hours with the1932 figures for the same month reveals that activityin the New England States was nearly one fifth greater
this year than last, while in the Southern States ac-tivity was slightly less.
Spinning and weaving activity in the woolen in-dustry was at a lower level in September than in thepreceding month. All classes of machinery, with theexception of carpet and rug looms, were operated for ashorter period than in the preceding month, althoughthe rate in general was higher than last year. Except-ing for combs and woolen spindles, machine activitywas less than the 40 hours permitted for a single shiftby the code. Wool consumption per working daydecreased 2 percent as compared with August, butwas 10 percent higher than a year ago.
Production in the silk industry was well below theAugust level, judging by the deliveries to mills, whichwere the lowest since June 1930. Machine activityfigures for the past 2 months are not available to indi-cate the decline in actual output. Employment andpay rolls in the silk and rayon industries declined inSeptember.
Prices of textile products have continued to increasemore rapidly than the general wholesale price level,although the September rise in this group was not asrapid as in the preceding month. Cotton goods pricesfell off 2.4 percent following the 17 percent rise in Au-gust. Clothing increased 9 percent; knit goods, 8percent; and woolen and worsted goods, 5 percent.
TEXTILE STATISTICS
Year and month
1930: September1931: September1932:
SeptemberOctoberNovember ...December...
1933:JanuaryFebruaryMarchAprilMayJuneJuly—AugustSeptember
Monthly average, Janu-ary through September:
19311932..1933
Pro
duct
ion
inde
x, a
d-ju
sted
*
Month-ly av-erage,
1923-25=100
88100
104999291
87837685
10613313011499
9679
101
Cotton,raw
ft
lall"
Run-ningbales
393, 390464, 335
492, 742501, 893502, 434440, 439
470, 182441, 203495, 183470, 359620, 561697, 261600, 641588, 570499,486
460,245396,915542,605
Cotton and manufactures
£
&§1«o-dtg00
Mil-lions ofspindlehours
5,6626,539
6,8757,0536,9676,386
6,7916, 2867, 0506,5708,3299,2998,1287,9427,058
6,5825,5397,495
Cotton clothfinishing *
I
!ift<
*•*** rjce Oj3X £wd o5SB00
Thousands ofyards
55, 38770, 138
87, 98887, 95669, 51579, 175
88, 30093, 77395, 74674, 46388, 278
100, 47990, 10675, 32957,471
70, 72765, 04484, 883
64, 78876, 245
59, 04066, 63374, 85081, 933
80, 09782, 27280, 44680, 76581, 74075, 39572, 90982, 94393, 301
71,40773, 99980,985
£«*!£ w
HMonth-ly av-erage,1926=
100
78.661.5
57.956.253.651.7
50.149.150.050.757.967.180.293.591.3
68.854.265.5
Wool
1ain
1Thou-
sands ofpounds
38, 08347, 548
46, 05542, 42338, 96336, 532
35, 51033, 27824, 94328, 70146, 89858, 68857, 37755, 69450,467
44, 85629, 73443, 506
Wool manufactures
Spinningspindles
1 I11
Looms
fc
io>
Percent of active hoursto total reported
5563
70736055
5960425377
1001089982
604576
6070
74735857
565732357292968369
664666
4144
36434233
363628294653545148
402342
4663
65665958
596843426687978773
604669
Wh
ole
sa
le p
ric
e,
woo
len
and
wor
sted
good
s
Month-ly av-erage,1926=
100
75.965.7
56.756.555.354.2
53.453.253.253.361.568.872.378.982.7
69.458.464.1
Silk
135o
Bales of133
pounds
55, 64953, 819
59, 69453, 70343, 95540, 548
46, 20432, 66538, 93441,91047, 15153, 62744, 59742, 85231, 185
48, 79446, 17942, 125
Operations, machin-ery activity
•e*2S® oS- O
M""*
>
2SS§fc~
^11aft00 <"
Percent of active hoursto total
80.090.5
83.784.576.283.2
89.780.656.659.275.474.882.9
85.962. 2
44.748.3
43.646.845.334.2
37.236.836.342.246.053.053.2
43. 142.1
57.753.4
62.061.952.255.5
56.848.938.249.852.362.878.4
51.543.2
its»§£«asl*ioSSe*bDollars
perpound
2.4132.315
1.8051.6731.5621.550
1.3051.2011.1821.3241.5862.1552.2731.8811.889
2.4741.5541.644
i Adjusted for seasonal variation.17005—33 3
8 Printed only (mill and outside). »Grease equivalent.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
18 SURVEY OF CURRENT BUSINESS November 1933
CHEMICAL WOOD PULP
PRODUCTION[Short tons]
Year
1914 monthly average1916 monthly average --1917 monthly average1918 monthly average _ _ _-1919 monthly average1920 monthly average --1921 monthly average1922 monthly average1923 monthly average
Month
January -FebruaryMarch - -April _ _M!ay _
June - -JUly
August -September , _ _ _OctoberNovemberDecember..
Total — -IVtonthly average --
January
IVI circh - -April]Vlay
JuneJuly _ -\ugustSeptember - --October
DecemberTotal
Monthly average
FebruaryMarchAprilMay _June -JulyAugust - -September -October
DecemberTotal
M!onthly average -
JanuaryFebruary -March - --April -May -June -JulyAugust - - -September - - -October - - -NovemberDecember --
TotalMonthly average
JanuaryFebruaryMarch - -April -_ _ _ . _ -MayJuneJulyAugustSeptemberOctoberNovember - -December
TotalMonthly average
Total
129, 325160, 572164, 499162, 446162, 658186, 483131, 727169, 821180, 739
Soda
28, 99432, 25236, 45329, 19734, 30838, 60925, 04434, 98837, 097
Sulphite
Total
95, 944122, 200120, 980121, 386118, 319132, 15395, 177
114, 527117, 602
Bleach-ed
37, 65446, 66542, 47845, 82935,11244, 40846, 487
Un-bleached
83, 32674, 72175, 84186, 32460, 06570, 11871,115
Sul-phate
4,3876,1207,066
11, 86410, 03215, 72111,50620, 30726, 040
1934
187, 942168, 920175, 682200, 340162, 739165, 962150, 348156, 718163, 325198, 807174, 385174,815
2, 079, 983173, 332
34, 44434, 26536, 70838, 55039, 11936, 35130, 43734, 97636, 67843, 00138, 64637, 522
440, 69736, 725
125, 816109, 882113, 218131, 187105, 642108, 41594, 91898, 721
102, 552124, 988112,478108, 734
1, 336, 551111,379
43, 32139, 65543, 65346, 79341,46340, 61136, 55937, 54540, 17847, 79445, 35643, 352
506, 28042, 190
82, 49570, 22769, 56584, 39464, 17967, 80458, 35961, 17662, 37477, 19467, 12265, 382
830, 27169, 189
27, 68224, 77325, 75630, 60317, 97821, 19624, 99323, 02124, 09530, 81823, 26128, 559
302, 73525, 228
1926
208, 013201, 855227, 747218, 242211,656213. 194209, 019214, 724211,610226, 686218, 719213, 590
2, 575, 055214 588
39, 88138, 09745, 19642, 33042, 69545, 25342, 77541, 44840, 87139, 32839, 36339, 683
496, 92041,410
129,221126, 257140, 153134, 222129, 192125, 006124, 980127,977124, 755136, 713133,011126,688
1, 55S, 175129, 848
53, 42955, 33561, 24258, 26853, 44552, 78849, 83452, 07749, 92252, 93353, 73853, 435
646. 44653,871
75, 79270, 92278,91175, 95475, 74772, 21875, 14675, 90074, 83383, 78079, 27373, 253
911,72975, 977
38,91137, 50142, 39S41,69039, 76942, 93541, 26445, 29945, 98450, 64546, 34547, 219
519, 96043, 330
193S
228, 507229, 304250, 372231, 765243, 323237, 485220, 517241, 669220, 663250, 436236, 461231, 222
2, 821, 724235, 144
38, 58938, 72444, 63840, 09242, 60042, 87140, 11541,36138, 14842, 62840, 16738, 708
488, 64140, 720
127, 408128, 849138, 545127, 419135, 647130, 745120, 090135, 479121, 272139, 043132,311122, 050
1,558,858129, 905
58, 74260, 25064, 87159, 62662, 78159, 85756, 08961, 67855, 04464, 96761,84756, 355
722, 10760, 176
68. 66668, 59973, 67467, 79372, 86670, 88864, 00173, 80166, 22874, 07670, 46465, 695
836, 75169, 729
62. 51061, 73167, 18964,25465, 07663, 86960, 31264, 82961, 24368, 76563, 98370. 464
774, 22564, 519
1930
275, 862260, 734279, 843270, 927270, 385245, 347227, 492243, 157238, 633250, 733217, 178210. 515
2 990 806249, 234
46, 75841, 55845, 30044, 87845, 74838, 37335, 95335, 50935, 60636, 36434, 33533, 847
474, 23039, 519
150, 492138, 076148, 485139, 781139, 589130, 840116,070125, 058124, 162131,602113,596109, 312
1, 567, 063130, 588
74, 80264, 93372, 40068, 63967, 31563, 53353, 43861, 30663, 19660, 60851,91949, 077
751, 16662, 597
75, 69073, 14376, 08571, 14272, 27467, 30762, 63263, 75260, 96670, 99461, 67760, 235
815, 89767, 991
78, 61281,10086, 05886, 26885, 04876, 13475, 46982, 59078, 86582, 76769, 24767, 355
949, 51379, 126
1932
220, 241226, 256240, 266210, 547194, 704184, 359169, 256188, 459204, 185229, 875211,032186, 008
2, 465, 188205, 432
28, 04327, 89028, 28026, 78526. 49920, 90218, 90723, 46523, 18624, 64522, 90019, 201
290, 70324, 225
102, 565105, 376115, 884101,19193, 66787,81477, 38686, 74093, 48698, 82596, 23786, 468
1, 145, 63995, 470
51, 27855, 92361,21053, 48449,91545, 50138, 92343, 26650, 90652, 38849, 44244, 701
596, 93749, 745
51, 28749, 45354, 67447, 70743, 75242, 31338, 46343, 47442, 58046, 43746, 79541, 767
548, 70245, 725
89, 63392, 99096, 10282, 57174, 53875, 64372, 96378, 25487, 513
106, 40591, 89580, 339
1, 028, 84685, 737
Total SodaSulphite
Total Bleach-ed
Un-bleached
Sul-phate
1925
201, 873177, 955205, 242200, 088179, 358184, 546180, 625187, 566184, 336207, 050192, 589184, 273
2, 285, 501190, 458
37, 30035,91842, 59441, 46638, 54339, 61737, 24238, 03940, 37043, 163"39, 90238, 493
472, 64739, 387
130, 739109, 593125, 852124,860113,830111,113111,172113, 612109, 346124, 219117,475111,275
1, 403, 086116, 924
53, 50447, 63554, 94951, 62849, 75250, 59049, 78653, 41547, 10353, 85051, 75348,611
612, 57651, 048
77, 23561, 95870, 90373, 23264, 07860, 52361,38660, 19762, 24370, 36965, 72262, 664
790, 51065, 876
33, 83432, 44436, 79633, 76226, 98533, 81632, 21135, 91534, 62039, 66835, 21234, 505
409, 76834, 147
1927
233, 319208, 955239, 281222, 629219, 600220, 499203, 795225, 795215, 362219, 259219, 127215, 809
2, 643, 430220, 286
43, 39737, 24243, 98840, 62240, 44041,81737, 72341, 73638, 61239, 18140. 20442, 516
487, 47840, 623
138, 979124, 574142, 001131, 001129, 098126, 859117,600130, 159125, 804129,011130, 576127,037
1, 552, 699129, 392
60, 88052, 23961, 46055, 80557, 12755, 55150, 86056, 61756, 11958, 50158, 22556, 904
680, 28856, 691
78, 09972, 33580, 54175. 19671,97171, 30866, 74073, 54269, 68570, 51072, 35170, 133
872,41172. 701
50, 94347, 13953, 29251, 00650, 06251,82348, 47253, 90050. 94651, 06748, 34746, 256
603, 25350, 271
1929
267, 260242, 567264, 355267, 587275, 749256, 184251,455270, 564249, 152277, 519257, 466240, 466
3, 120, 324260, 027
42, 58439, 68644, 19143, 80247, 20544.51442, 91046, 27340, 84144, 92742, 46041,336
520, 72943, 394
147, 354131, 143142, 334143, 387146, 018135, 384134, 236143, 961134, 010154, 196141, 704134, 980
1, 688, 707140, 726
72, 63765, 04671,99972, 89573, 06265, 15365, 81171, 17766, 45877, 34970, 19568,171
839, 95369, 996
74, 71766, 09770, 33570, 49272, 95670, 23168, 42572, 78467, 55276, 84771, 50966, 809
848, 75470, 730
77, 32271, 73877, 83080, 39882, 52676, 28674, 30980, 33074, 30178, 39673, 30264, 150
910, 88875, 907
1931
248, 314244, 348242, 922248, 309246, 474246, 302232, 604234, 643225, 563230, 917219, 797204, 823
2, 825, 016235, 418
35,93136, 34336, 21534, 72833, 65030, 70330, 12031, 52426, 62126, 24823, 92228, 049
374, 05431, 171
129, 416121, 786123, 999120, 162118, 098122, 986113, 785116, 058115, 622116, 478113, 092106, 041
1, 417, 523118, 127
68, 54166, 98567, 21359, 75063, 34364, 64458, 37662, 47259, 98261, 38655, 35352, 767
740, 81261, 734
60, 87554, 80156, 78660, 41254, 75558, 34255, 40953, 58655, 64055,09257, 73953, 274
676,71156, 393
82, 96786, 21982, 70893, 41994, 72692, 61388, 69987, 06183, 32088, 19182, 78370, 733
1, 033, 43986, 120
1933
203, 763205, 603219, 468222, 536241, 284248, 535269, 166
24, 76224, 73825, 87625, 92828, 59231, 50830, 365
96, 001101, 173108, 446107, 679115, 644111, 148120, 309
48, 35551, 22556, 37453, 48449, 62254, 23781, 077
47, 64649, 94852, 07254, 19566, 02256, 91139, 232
83,00079, 69285, 14688, 92997, 048
105, 879118, 492
1 See footnote on p. 20Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1933 SURVEY OF CUERENT BUSINESS 19
CHEMICAL WOOD PULP'—Continued
CONSUMPTION AND SHIPMENTS[Short tons]
Month
January . _. -February _ _ _MarchApril - - -May - -JuneJuly .AugustSeptember _ _ _ . _ _OctoberNovemberDecember
TotalMonthly average _ - _
JanuaryFebruary - -MarchApril _ - - -MayJuneJulyAugustSeptember _ _ _OctoberNovember _ _ _December
TotalMonthly average
JanuaryFebruary ._ - _ _MarchApril -_ . _ .MayJune - _ _ _ _ _ _JulyAugust . ... - _ _ _September -October . ,NovemberDecember _ _ - -
Total _ _ .Monthly average
JanuaryFebruary _ _ . _ _ _ _ _ .MiarchApril _ _ _MayJune _ _July . .AugustSeptember _ _October _ _ _ _NovemberDecember _ _.
TotalMonthly average
January. . _FebruaryMarchApril __ _ _MayJuneJuly - _ _ _ -AugustSeptemberOctober ._ _ _ _ . _ . ._ _NovemberDecember
TotalMonthlv averase
Total SodaSulphite
Total Bleached Un-bleached
Sul-phate
1924
193, 098164, 969175, 548199, 642156, 003162, 964154, 691152, 961157, 395201, 356163,407169, 748
2, 051, 782170, 982
37, 96030, 94634, 35637, 76327, 37929, 96430, 52329, 60030, 31642, 61930, 89935, 825
398, 15033, 179
125, 684110,012114, 535132, 578107, 380109, 750100, 485100, 394103, 556125, 668108, 533106, 126
1, 344, 701112, 059
42, 57540, 35744, 49846, 22641,55141, 34537, 39337, 81440, 57248, 40842, 06641, 782
504, 58742, 049
83, 10969, 65570, 03786, 35265, 82968, 40563, 09262, 58062, 98477, 26066, 46764, 344
840, 11470, 010
29, 45424,01126, 65729, 30121, 24423, 25023, 68322, 96723, 52333, 06923, 97527, 797
308, 93125, 744
1926
206, 665201, 299228, 223219, 516212, 242213, 730197, 615212,411210, 816231, 293216, 162213, 420
2, 563, 392213,616
39, 55138, 54645, 39243, 37044, 11641, 26433, 51138, 07638, 85242, 83638, 73038, 076
482, 32040, 193
129, 094125, 856141, 869133, 045128, 272128, 679123, 926128, 684125, 381137, 098130, 993129, 693
1, 562, 590130, 216
54, 71855, 23261, 97557, 59853, 37352, 76549, 72951, 36849, 74953, 71452, 42053, 869
646, 51053, 876
74, 37670, 62479, 89475, 44774, 89975, 91474, 19777, 31675, 63283, 38478, 57375, 824
916, 08076, 340
38, 02036, 89740, 96243, 10139, 85443, 78740, 17845, 65146, 58351, 35946, 43945, 651
518, 47943, 207
1928
228, 669227, 175251, 473232, 161245, 079233, 513223, 512239, 379223, 494254, 535233, 873231, 009
2, 823, 872235, 323
38, 49937, 69544, 73640, 07742, 96542, 46440, 35339, 60338, 35741,71939, 99239, 059
485, 51940, 460
127, 637127, 117139, 984129, 383137, 412128, 114121, 498135, 007122, 586141, 082130, 510121, 320
1, 561, 650130, 138
58, 40259, 21965, 75359, 54264, 47158,61156, 09960, 43455, 78466, 39660, 85856, 067
721, 63660, 136
69, 23567, 89874, 23169, 84172, 94169, 50365, 39974, 57366, 80274, 68669, 65265, 253
840, 01470, 001
62, 53362, 36366, 75362, 70164, 70262, 93561, 66164, 76962, 55171,73463, 37170, 630
776, 70364, 725
1930
275, 874259, 245272, 789268, 893270, 403243, 946230, 071244, 349236, 618251, 352216,098208, 789
2, 978, 427248, 202
46, 95541, 24444, 95745, 07045, 96638, 63735, 96035, 80335, 51235, 90935, 15633, 635
474, 80439, 567
150, 693138, 627145, 703137, 161138, 974128, 526116,695124, 693123, 232132, 687112, 810108, 893
1, 558, 694129, 891
73, 63965. 84571,45667, 73566, 84760, 44154, 24960, 69661, 90260, 72651, 28149, 022
743, 83961, 987
77, 05472, 78274, 24769, 42672, 12768, 08562, 44663, 99761, 33071, 96161, 52959, 871
814, 85567, 905
78, 22679, 37482, 12986, 66285, 46376, 78377, 41683, 85377, 87482, 75668, 13266, 261
944, 92978, 744
1932
224, 840227, 448237, 187207, 442196, 904181, 085172, 317192, 572203, 808230, 602213, 553187, 038
2, 473, 986206. 166
28, 45827, 74428, 25726, 76726, 75120, 09119, 50423, 91823, 82124, 00323, 21819, 105
291, 63724, 303
104, 796106, 307116,92297, 82493, 75085, 46780,19587, 70993, 532
100, 68996, 68388, 111
1,151,98595, 999
52, 95255, 24661, 99751, 83850, 52744, 46741, 46742, 68849, 26952, 63249, 53545, 986
598, 60449, 884
51,84451, 06154, 92545, 98643, 22341, 00038, 72845, 02144, 26348, 05747, 14842, 125
553, 38146, 115
91,58693, 39792, 00882, 85175, 59375, 52772, 61880, 94586, 455
105, 91093, 65279, 822
1, 030, 36485, 864
Total SodaSulphite
Total Bleached Un-bleached
Sul-phate
1925
206, 449183, 265202, 322200, 779180, 189184, 426179, 298185, 528182, 709209, 611194, 045192, 058
2, 300, 679191, 723
38, 15336, 81742, 37541,51538, 18638, 56636, 57337, 08339, 43343, 34539, 50339, 230
470, 77939, 232
130, 563113, 804124, 835124, 280116, 164111,277109, 058112, 175107, 547126, 606118, 954117, 849
1, 413, 112117,759
53, 66846, 99854, 31651, 76751, 16850, 05550, 67451, 17547, 31054, 97650, 30147, 917
610, 32550, 860
76, 89566, 80670, 51972, 51364, 99661, 22258, 38461,00060, 23771, 63068, 65369, 932
802, 78766, 899
37, 73332, 64435, 11234, 98425, 83934, 58333, 66736, 27035, 72939, 66035, 58834, 979
416, 78834, 732
1927
232 96021l| 332236, 680225, 397219, 597219, 761202, 565225, 670218, 478219, 942213, 081233, 488
2, 658, 951221, 579
43, 34841, 38743, 64041, 18140, 86041, 95736, 74940, 63639, 67739, 80740, 58741, 188
491, 01740, 918
139, 452123, 428140, 021133, 373128, 890127, 298117, 690130, 937126, 043129, 399104, 864124, 979
1, 526, 374127, 198
61,31552, 37260, 32158, 02756, 65154, 95650, 80557, 02356, 77059, 73132, 95756, 317
657, 24554, 770
78, 13771, 05679, 70075, 34672, 23972, 34266, 88573, 91469, 27369, 66871, 90768, 662
869, 12972, 427
50, 16046, 51753, 01950, 84349, 84750, 50648, 12654, 09752, 75850, 73667, 63067, 321
641, 56053, 463
1929
266, 445247, 323265, 170268, 209277, 623253, 083250, 527268, 451250, 263278, 210254, 692240, 692
3, 120, 688260, 057
42, 45941, 56044, 92543, 70747, 66143, 23443, 69346, 51640, 41045, 72543, 03841,410
524, 33843, 695
147, 406132, 498142, 093144, 715146, 480135, 387134, 465144, 090134,916153,012140, 382134, 728
1, 690, 172140, 848
73, 05965, 37171, 89172, 60572, 67565, 27765, 45471,99165, 67476, 84269, 36068, 775
838, 97469, 915
74, 34767, 12770, 20272, 11073, 80570, 11069, Oil72, 09969, 24276, 17071, 02265, 953
851, 19870, 933
76, 58073, 26578, 15279, 78783, 48274, 46272, 36977, 84574, 93779, 47371, 27264, 554
906, 17875, 515
1931
252, 551250, 904242, 925251, 640247, 114246, 890235, 097236, 226226, 662233, 722218, 205206, 970
2, 848, 906237, 408
36, 84036, 03135, 76035, 43433, 56830, 48430, 39331, 38527, 85725, 69223, 36828, 522
375, 33431, 278
130, 563127, 789124, 611121, 336117, 467119, 771112, 173116, 054113,451117, 880112, 824108, 246
1, 422, 165118, 513
68, 89571, 33567, 12061, 70461, 98263, 04158, 68462, 60859, 24061, 40256, 47955, 678
748, 16862, 347
61, 66856, 45457, 49159, 63255, 48556, 73053, 48953, 44654, 21156, 47856, 34552, 568
673, 99756, 166
85, 14887, 08482, 55494, 87096, 07996, 63592, 53188, 78785, 35490, 15 082, 01370, 202
1,051,40787, 617
1933
207, 860214,511227, 811224, 020223, 871223, 989267, 434
28, 46427, 75128, 25226, 75826, 76420, 08727, 329
98, 471104, 518115, 860107, 79997, 924
100, 035120, 665
49, 90255, 01661, 84255, 03552, 94757, 38379, 942
48, 56949, 50254, 01852, 76444, 97742, 65240, 723
80, 92582, 24283, 69989, 46399, 183
103, 867119, 440
1 See footnote on p. 20.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
20 SURVEY OF CURRENT BUSINESS
MECHANICAL WOOD PULP l
[Short tons ]
November 1933
Year
1914 monthly average. _1916 monthly average1917 monthly average1918 monthly average1919 monthly average1920 monthly average1921 monthly average.-.1922 monthly average
Month
JanuaryFebruaryMarch ._AprilMay _ -JuneJuly .AugustSeptember __OctoberNovember ._ _ _December
TotalMonthly average
JanuaryFebruary _ _ _MarchAprilM a y _ _ _ _ _ _ _JuneJulyAugustSeptemberOctoberNovemberDecember
TotalMonthly average
Con-sump-
tion andship-ments
125, 040114,965126, 405132, 779105, 517127, 969
Produc-tion
107, 805125, 678127, 996113, 709126, 569131, 993104, 975123, 649
1923
130, 171111,238119, 997124, 511148, 118137, 802140, 775142, 389117,419142, 110123, 124132, 442
1, 570, 096130, 841
129, 876103, 199123, 774154, 268187, 301154, 514123, 785102, 61993, 201
113,618119,264162, 375
1, 567, 794130, 650
1929
147, 272128, 269139, 791145, 959151,404139, 575139, 602148, 525136, 353149, 717143, 222132, 379
1 702 068141,839
152, 957128, 854150, 780165, 488169,913145, 954125, 560114, 257104, 375125, 537124, 764129, 214
1, 637, 653136, 471
Con-sump-
tion andship-
ments
Produc-tion
1924
138, 555123, 966123, 652168, 337137, 359135, 758117,772120, 454120, 495145, 981123, 874120, 199
1, 576, 402131, 367
168, 680135, 050145, 152200, 208174, 224143, 40592, 100
109, 513107, 819136, 749114, 362116, 021
1, 643, 283136, 940
1930
149, 215135, 678139, 809137, 061140, 742128, 981126,715120, 702113, 446125, 296114, 109113,323
1, 545, 007128, 756
147, 273141,367168, 726163, 890168, 230145, 193108, 425101,09195, 90499, 614
106, 318114, 190
1, 560, 221130, 018
Con-sump-
tion andship-ments
Produc-tion
1925
141, 137119,317138, 636146, 983139, 781136, 848128, 608121,949127, 644142, 826139, 701141,093
1, 624, 523135, 377
119, 101117,781167, 029187, 251169, 343141, 386111,80594, 10095, 675
131, 462133, 695143, 391
1,612,019134, 335
1931
117,242104, 770120, 289126, 510127, 855128, 086120,611108, 402114, 802119, 802122, 797119,066
1, 430, 232119, 186
116,007103,811125, 857147, 636148, 091131,043110, 58594,831
104, 875113,388130, 891122, 225
1, 449, 240120, 770
Con-sump-
tion andship-ments
Produc-tion
1926
143, 234135, 200153, 017154, 653154, 076148, 114140, 267142, 666140, 286155, 349149, 240141,412
1, 757, 514146, 460
145, 813127, 282146, 041178, 350180, 890157, 735124, 229117,780128,815159, 915156, 748140, 650
1, 764, 248147, 021
1932
116,078106, 238116,267108, 302110,880103, 14785,01196, 14193, 69596, 626
102, 77296, 072
1, 231, 229102, 602
118,561106, 956119, 496120, 330117, 67296, 85376, 48281,08178, 56989, 648
102, 29595, 101
1, 203, 044100, 254
Con-sump-
tion andship-ments
Produc-tion
1927
165, 598130, 567150, 295144, 341139, 797137, 459129, 287138, 350121,895132, 166145, 088137, 401
1, 672, 244139, 354
147, 982127, 380168, 581167, 840162, 281131, 855109, 735104, 33893, 225
122, 630139, 035135, 527
1, 610, 409134, 201
1933
89, 86086, 45392, 40397, 337
106, 393127, 749113,215
86, 90583, 85490, 591
103, 002113,789125, 737105, 316
Con-sump-
tion andship-ments
Produc-tion
1928
140, 292136, 381145, 228134, 124143, 466136, 346125, 861138, 745
. 123, 158146, 845142, 222129, 730
1, 642, 398136, 867
142, 482133, 162144, 131150, 124156, 751134, 276112,758115,030108, 507131,973145, 578136, 216
1, 610, 988134, 249
_l _ . -_
ii
1 See footnote at bottom of page.TOTAL PAPER
PRODUCTION[Short tons]
Month
JanuaryFebruaryMarch.. _ _AprilM a y _ _ _JuneJulyAugustSeptemberOctoberNovemberDecember
TotalMonthly average
1931
425, 809414, 190446, 456429, 016392, 109410, 239375, 862451 078484 104545 939541,997514,466
5, 431. 265452 605
1922
552, 387538, 366580, 542555, 275511,681534, 877488, 166587, 013631 876715, 299709, 460672, 952
7, 077, 894589, 825
1923
868, 130820, 165772, 201724, 236676, 272628, 306559, 934653 765560 257629, 706600, 023536, 487
8, 029, 482669 124
1924
776, 159737, 527713,198676, 794639, 104600, 941544, 978612,018536 740605, 401557, 607507, 442
7, 507, 909625, 659
1925
783, 91 1718,232779, 475780, 711739,911751,311745, 084762, 435769 178829, 149762, 425760, 382
9, 182, 204765, 184
192G
, 037, 379,010, 714, 144, 057, 063, 460, 033, 243, 053, 032
989, 171,041,577, 058, 654, 074, 270
1.031,035936, 470
12, 473, 0631,039,422
1927
798, 589782, 035895, 791839, 524815,338851, 527774, 699893, 137857, 258864, 370838, 539791, 293
10,002,070833, 506
1928
822, 012834, 219909, 099866, 569923, 094868, 999796, 078919, 410821, 578924, 806897, 932819,542
10, 403, 338866, 945
1929
962, 056874, 197949, 104960, 575992, 585907, 295901, 033971,467895, 232
1, 004, 642916, 544805, 505
11,140,235928, 353
1930
945, 099871, 791917, 621925, 146889, 710850, 693808, 510805, 897802 585862, 788761,322727, 978
10, 169, 140847, 428
1931
802, 125763, 820823. 238835, 983818,513800, 578797,919775, 350782, 957803, 442714,537663. 378
9,381,840781, 820
1932
717, 492718, 660773, 963698, 908653, 898625. 552561, 425645, 992658 485715,513653, 140574, 844
7, 997, 872666, 489
1933
582, 455628, 308671,477741, 783710,423882, 575923, 842
CONSUMPTION AND SHIPMENTS
JanuaryFebruaryMarch _ . . _ _ _ _ _ _AprilMayJuneJulyAugustSeptemberOctoberNovemberDecember ._ _
Total -.Monthly average
388, 817388, 405420, 961431, 192393, 764411,734385, 068455 376496, 909565, 903536 995509, 792
5, 384, 916448, 743
500, 920495, 271583, 560537, 696595, 705592, 777569, 328657 102644, 393658, 787645 720589, 062
7, 070, 321589, 193
836, 287790,311744, 337698, 361652, 386606, 423548, 522639 080557, 898624, 989584, 644524,011
7, 807, 249650, 604
622, 361616, 389654, 048614, 822619, 668561, 270567, 746639 735625. 603703, 748630, 174628, 657
7, 484, 257623, 688
778,441727, 327779, 801759, 456736, 708729, 574742, 362779, 528793, 399850, 300773, 888761,863
9, 212, 647767, 721
1,039,8641, 009, 2161, 126, 8741, 056, 5151,010,4781, 023, 1571, 007, 8541,037,5171,061,5661, 103, 9361,021,511
954, 404
12, 452, 8921, 037, 741
790. 449782, 850882, 768834, 365801, 867837, 308781,011879, 337855, 728872, 101833, 509788, 563
9, 939, 856828, 321
809, 929828, 162909, 693847, 372896, 393858, 281809, 897917, 362841, 537929, 797883, 202798, 501
10, 330, 126860, 844
955,715883, 818977, 298949, 987981, 885900, 008901, 924969, 951895, 638
1, 002, 661907, 571789, 364
11,115,820926, 318
935, 146881, 116901,614905, 638878, 647842, 060823, 263800, 809804, 996865, 453762, 591725, 981
10, 127, 314843, 943
799, 557760, 864820, 451837, 653826, 961791, 470803, 058776, 732783, 392811,972708, 309664, 246
9, 384, 665782, 055
729, 513730, 188765, 511707, 755645, 966613, 746581, 329653, 800683, 458737, 154645, 890567, 875
8, 062, 185671, 849
586, 397627, 210670, 488757, 316697, 481901, 733941, 341
i Computed by the Survey of Current Business, Bureau of Foreign and Domestic Commerce, Department of Commerce, and supersedes the prorated data previously shownwhich in more recent periods has not given a correct trend. Primary data used in this compilation were furnished by the Federal Trade Commission prior to June 1923, andsince that date by the American Paper and Pulp Association. For production data through the year 1932 the Bureau oj the Census total production figures have been distrib-uted on a monthly basis in accordance with the movement of the sample data from the sources above. For shipments it was assumed that the ratio of production to ship-ments was the same for the entire industry as for the sample covered by the monthly reports, and the shipment figures are computed on that basis. The 1933 data are com-puted from the 1932 figures by using a percentage change for each month as indicated by the Association's figures, and these will be adjusted to the 1933 census data whenavailable. Census data for the years 1922-24 and 1926 on the paper industry are lacking, and the paper statistics for these 3 years are computed on the basis of the changeindicated by the Association data.Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1933 SURVEY OF CURRENT BUSINESS 21
WEEKLY BUSINESS INDICATORS[Weekly average 1923-25=100]
ITEM
Business activity:New York Times * #Business Week * ^
Commodity prices, whole-sale:
Dept. of Labor, 1926=100:Combined index (784)
Farm products ( 6 7 ) _ _ _Food (122)
Fisher's index, 1926=100:Combined index (120) __
Agricultural (30)Nonagricultural (90) _ _
Copper, electrolyticCotton, middling, spotIron and steel composite. _
Construction contracts iDistribution: Car loadings. .Employment: Detroit fac-
toryFinance:
Failures, commercialSecurity prices-
Bond prices JStock prices +
1933
Oct.28
71.648.678.454.336.476.3
.....
71.3
93.481.6
Oct.21
76.660.2
70.454.263.7
71.547.978.854.334.676.335.867.8
Oct.14
78.361.8
71.156. 764.8
72.249.079. 160. 934.676.333 769. 3
4.8. 5!
69. 3 63. 1
94.2 94.678. 2 86. 0
1933
Oct.29
69.254.4
64.146.260.1
60.644.363. 539.123.570.828.864.4
135. 1
88.457. 8
Oct.22
69.354.8
64.447.060.8
61.144.863. 943.523.270.822.167. 0
131.4
89.159.0
Oct.15
68.155.5
64.447.460.7
61.344.964.243.524.370.898 267.8
41.6
123.6
88.856. 7
1931
Oct.31
76.868.2
68. 553. 970.649.324.674.067 677.2
41.7
130.2
94.195.4
Oct.24
77. 168.7
68. 554.370.649.325.774.1
80.3
135. 4
94.899.7
1930
Nov.1
89.481.9
82.483.481. 167.441.277.560 797.5
79.0
123. 3
107. 2171.2
Oct.25
89.683.8
82.783.981.067.440.477.7
100.1
120.6
107. 2171.1
ITEM
Finance— Continued.Banking:
Debits, outside N.Y.C.tFederal Reserve report-
ing member banks :§Deposits:
Net demandTime
Loans, totalInterest rates:
Call loanstTime loans i
Money in circulation t _ . _Production:
AutomobilesBituminous coaljElectric powerj - -Lumber X
1933
Oct.28
63.6
104.9133. 578.3
18.217.145.8
33.1
Petroleum tSteel ingotslf - _ -.
Receipts, primary markets:Cattle and calvesHoes. _ - .-CottonWheat
40.8
244.640.9
Oct.21
81.4
105. 0123. 679.3
18.217.1
116.7
32.868.897.279 2
116.744.7
281.539.9
Oct.14
58.6
103.3123.678.6
18.217.1
116.9
48.265. 697.281 4
116.250.0
261. 948.2
1932
Oct.29
55.8
95.0126.383.6
24.219.0
115.5
14.673.292. 0
100.726.3
90.863.3
263.864.8
Oct.22
70.1
94.2125. 585.1
24.222.9
116.2
14.676.891.761 6
103. 626.3
95.361.0
247.372.3
Oct.15
61.3
93.6124. 885. 1
33.922.9
116.6
16. 677.290.562 1
102.326.3
92.756.4
229 276! 4
1931
Oct.31
74.4
103. 1140.2108.2
60.690.5
113. 5
13.378.499.2
116.739.5
110. 188.9
315.0116.1
Oct.24
89.9
103.7141.6108.3
60.678.1
113.8
22.779.798.9
114.338.8
120.377.5
285.0100.0
1930
Nov.1
101.9
114. 5167. 1134.1
48.568. 692.0
41.799.3
104. 5
113.461.8
131.384.1
280.485.8
Oct.25
119.5
113. 5166.7133.7
48.568.692.3
46.7102.3104.9
114.265.8
129.174.0
296.259.0
* Computed normal = 100. H Latest week is preliminary. t Weekly average, 1928-30=100. X Average same week, 1930-32=100.t Daily average. # Index revised. See weekly supplement of June 1,1933, for explanation. § 1933 indexes are based on reports from 90 cities; earlier data cover 101 cities.
WEEKLY BUSINESS STATISTICS
COMMODITY PRICES, WHOLESALECopper, electrolytic, New York dolls, perlb..Cotton, middling, spot, New York dolls, per lb_.Food index (Bradstreet's) dolls, per lb_.Iron and steel composite _ ... .._ .dolls, per ton .Wheat, no. 2, hard winter (K.C.) dolls, per bu_,
Bank-in,: FINANCEDebits, New York City mills, of dolls..Debits, outside New York City. . mills, of dolls _Federal Reserve banks:
Reserve bank credit, total ... mills, of dollsBill? bought mills of dollsBills discounted mills, of dollsU.S. Government securities mills, of dolls..
Federal Reserve reporting member banks :§Deposits, net demand mills, of dollsDeposits, 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 numberMoney in circulation (daily av.) mills, of dolls..Security markets:
Bond sales, N.Y.S.E thous. of dolls, par value--Bond prices, 40 corporate issues dollars..Stock sales, JV. Y.S.E thous. of sharesStock prices (N.Y. Times) dolls, per share--Stock prices (421) (Standard statistics) 1926= 100. .
Industrial (351) 1926=100..Public utilities (37) . 1926=100Railroads (33) 1926=100PRODUCTION, CONSTRUCTION, AND
DISTRIBUTIONProduction:
Automobiles (Cram's estimate)-. numberBituminous coal (daily av ) thous of short tonsElectric power . ... mills, of kw.-hrsPetroleum thous of bblSteel ingots * . . . pet. of capacity
Construction contract awards (da av ) thous of dollsDistribution:
Exports:Corn thous of buWheat _ thous. of bu._Wheat flour. . thous. of bbl
Freight-car loadings, total carsCoal and coke carsForest products carsGrain and products. _. . carsLivestock _. ...carsMerchandise, l.c.l . carsOre _ .- . ... carsMiscellaneous cars
Receipts:Cattle and calves thousandsHogs . thousandsCotton, into sight .. thous. of balesWheat, at primary markets... - thous. of buWool, at Boston, total thous. of lb._
1933
Oct. 28
0.075.099
1.8931.59
.85
3,0672,951
2,526
1152,400
10, 6854,4727,9244,9568,5433,5844,959
.75
.754.70
2905,627
49, 80083.689,82879.2868.574.474.239.3
25, 234
30
2374
33
6363,2522, 163
Oct. 21
0.075.094
1.8831.59
.75
2,9723, 145
2,5137
1132,375
10, 7004,4767,9494,9878,6433,6734,970
.75
.754.54
2825,665
56, 20084.37
13, 73875.9564.669.872.236.4
25, 0041,1721,6192,435
345,750
14
20650, 482134, 77024,11728, 49623, 691
173, 09026, 815
239, 503
7323,1772,448
Oct. 14
0.084.094
1.9231.59
.81
2.5962, 719
2,4777
1192, 344
10, 5274,4777,9664,9948,5703,6374,933
.75
.754.64257
5,679
39, 90384.715,47683.48
72.278.577.142.5
36, 7531, 1181,6192,420
385, 412
188
43664, 058135,99824, 74728, 75524, 544
171, 72731,603
246, 684
6813,8343,308
1932
Oct. 29
0.054.064
1.6729. 32
.43
2,7432,587
2,22134
3221,851
10, 7694,6767,9925,0029,0743,8225,2521.00.83
3.30550
5,608
38, 20079.183,78056.0948.245.978.426.8
11,1171,2471,5332,097
204,622
1,14038659
617, 642133, 39718, 85631, 95123, 608
177, 6626,019
226, 149
287411686
5,154468
Oct. 22
0. 060.063
1.7329.32
.45
3,6013,250
2,21934
3141, 851
10, 6764,6487,8794,8979, 1893,9175,2721.001.003.41535
5,641
42, 40079.795,84357.3051.449.183.028.7
11, 1651,3081,5282,159
203,550
35370548
641, 985145, 57418, 57233, 04623, 726
178, 4236,326
236, 318
301396643
5,752515
1931
Oct. 31
0.068.067
2.1230.68
.52
3,5753,449
2, 211725717727
2.503.963.88530
5,512
68, 28284.238,05492.6974.169.7
117.948.6
10, 1711,3361,6522,431
3010, 855
11,734
159740, 363146, 35423, 64641, 27528, 990
214, 33912, 656
273, 103
348577819
9,2381,013
Oct. 24
0.068.07
2.1530.76
.48
4,4444,170
2,238769698727
2.503.423.93551
5,524
69, 27684.859,08896. 83
69.464.9
111.546.2
17, 1911,3571,6472,381
28
1464,593
149769, 673158, 55423, 82240, 16330, 735
214,71216, 924
284, 763
380503741
7,956900
1930
Nov. 1
0.093.112
2.7332.06
.74
5, 8354,730
985166202601
2.003.004.86
5024,467
47, 95295.99
10, 665166. 31
117.6108.4170.4105.2
31,8271,6911,7412,363
479,751
21859254
934, 715185, 10538, 13444, 34732, 459
240, 58235, 063
359, 025
415546729
6,8291,128
Oct. 25
0.093.110
2.7532.14
.76
6,8785,543
992177192602
2.003.004.86491
4,482
57, 17396.02
13, 893166. 13
123.7113.8182.0108.7
35, 6381,7421,7472,378
50
50666289
959, 492201, 39938, 88741,61235, 369
240, 05536, 091
366, 079
408480777
4,6901,608
1929
Nov. 2
0.178.181
3.1836.091.19
19, 9987,950
1,680340991293
6.006.254.88414
4,821
88, 24093.01
43, 500217. 83
174.3167. 8226. 9148.6
73, 0481,8781,8162,819
77
1631,554
2141, 072, 234
201, 16659, 80138, 34333, 897
271, 30545,817
421,905
414469886
6, 3772,322
Oct. 26
0.178.184
3.2236. 161.17
12, 0917,244
1,374379796136
5.387.254.88455
4,791
93, 35093.61
37, 502263. 93186.9180.4238.2152.5
76, 8701,9381,8242,870
8016, 709
1351,140
3611, 134, 360
216, 47262, 63443, 01338, 772
270,41450, 228
452, 827
422575919
8,7294,615
§ Statistics cover 90 cities. Comparable figures not available prior to 1932, but adjustment has been made in indexes in preceding table. l Dow-Jones estimate.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
22 SURVEY OF CURRENT BUSINESS November 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
BUSINESS INDEXES
BUSINESS ACTIVITY (Annalist) f
Combined index _ normal = 100 _Automobile production normal = 100Boot and shoe production normal =100. .Carloadings, freight normal = 100Cement production normal = 100__Cotton consumption normal = 100. _Electric power production normal = 100__Lumber production normal = 100..Pig-iron production normal = 100. .Silk consumption normal = 100Steel ingot production normal = 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=100..Cement 1923-35=100—Food products 1923-25 =100..Glass, plate 1923-25=100-Iron and steel 1923-25—100..Leather and shoes § 1923-25=100..Lumber... 1923-25=100-Paper and printing 1923-25 = 100. .Petroleum refining 1923-25=100..Kubber tires and tubes 1923-25 = 100_ _Shipbuilding 1923-25=100Textiles . . 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=100-Petroleum, crude 1923-25=100..Silver. 1923-25=100..Zinc . . 1923-25=100..
Total, adjusted § 1923-25=100Manufactures, adjusted § . 1923-25 -100. _
Automobiles 1923-25=100-Cement ...1923-25=100..Food products . . 1923-25=100—Glass, plate 1923-25=100-Iron and steel 1923-25 =100..Leather and shoes § 1923-25 = 100—Lumber 1923-25 = 100-Paper and printing. .. 1923-25 = 100—Petroleum refining 1923-25=100.Rubber tires and tubes 1923-25=100..Shipbuilding 1923-25=100..Textiles 1923-25=100Tobacco manufactures 1923-25 = 100—
Minerals, adjusted —.1923-25=100-Anthracite 1923-25 = 100Bituminous coal 1923-25 = 100 .Iron ore shipments 1923-25 = 100Lead 1923-25=100Petroleum, crude 1923-25=100Silver... 1923-25= 100. _Zinc 1923-25 = 100
INDUSTRIAL CONSUMPTION OFELECTRICAL ENERGY
Consumption by geographic sections:Total, United States 1923-25=100—
Middle Atlantic . 1923-25=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..
76 955 8
60 634.497 693.556.754 752 062.9
~"~7l.~6~
8584624699
6510937
102
65128927569
13154
127
7384835637
105
66~9536
101
991158674656857
124
77
110.3120.0109.6104.5122.4116.5
110.3
61.8
166.7138.591.0
105.7
65.225.4
107.654.651.398.684.235.921.5
104.827.397.328.8
676626679343
« 281052389
1336184
1041237362611539
108342966
"652454
«944328912388
1336484
1041117061588
411043631
84.083.880.574.8
108.596.0
84.0
36.5
126.8129.593.780.6
65.417.5
106.758.452.392.485.439.322.795.029.286.531.5
68«67
1563895030
1022594
13760
1581021128079742239
104363267661655895031932491
13768
21699
1047461671338
1033633
85.186.890.275.4
103.896.8
85.1
37.7
129.0118.393.788.5
64.728.2
100.357.646.990.385.234.623.278.529.283.033.3
65631853875729852089
13855
11995
1067867746
47105393565633153835931892187
13873
13692
104756566
745
1063735
87.791.384.078.5
104.4101.3
87.7
47.3
130.1121.395.496.2
64.852.888.858.941.584.284.737.019.878.525.582.536.7
60583234865424732081
13246608691727470
399330
a 40666460438472
o28852386
132677891
112767566
399630
°39
79.483.375.272.194.193.8
79.4
56.2
124.3103.279.883.5
63.147.793.5
<»56.536.982.982.340.719.873.226.574.037.2
646340239478
-298023
?82132546492
107715763
4610236
04165644838
08888
o308626
P84132599187
113735357
4510736
o39
81.985.775.576.390.1
100.0
81.9
59.2
126.0107.583.690.4
61.731.7
101.355.336.780.282.634.020.157.428.272.040.5
646335248968
°339320
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12988
104766867
4110833
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18183
115796463
4011030
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85.891.879.880.599.3
102.0
85.8
61.2
130.0112.595.091.0
58.527.094.651.436.081.180.035.216.864.019.552.440.5
6058
« 33299059
«258723
*>8413545
1127894746361
4612048
o4660
o 562740
«8454
o228422
p8213541
1447699817751
451224444
75.380.870.267.885.995.8
75.3
42.6
115.6101.581.484.7
64.140.9
104.655 234.883.884.038.819.583.633.168.842.4
67685734996139912688
140763188
107654546
45108364766664435
•1015535932485
140653285
116724455
451083645
84.486.373.879.899.8
103.2
84.4
54.8
121.0119.782.589.5
72.547.9
128.257 040.2
112.3o87.4
47.127.891.447.9
114.642.7
80806450989653
10132
P9414711831
a!081457643502136
136°29
4678785142998849
11030
»921479425
ol081437843571437
134°30°45
92.997.385.789.1
103.9107.0
92.9
58.9
127.1126.293.591.3
83.463 6
135.261 449.2
140.393.059.543.1
105.469.3
146.551.3
9193756499
12072
11040
o!0215313920
1261478257573042
137«23
5392936651
10011872
11438
*10115411516
1331358465641541
134o24
55
104.5108.8104.797.8
121.3111.6
104.5
65.5
135.7136.0100.298.3
I89 467 8
o 133. 066 256.2
138 396.771.164 485 292.7
144.066.4
9697736897
14893
1144597
15414028
1211268955698134
1352966
1001017056
10015010011646
10415514319
1301179067764036
1323471
al l2 .9o 119.3
110.1107.8125.7118.3
oll2.9
066.6
o 152. 0149.8102.7102.0
83 4o 64 6
C115 762 347.5
191 3o94.1
72.564 971 375.9
120.370.2
«90«89
6765
a 87
13779
o 1124998
15311022
o 108131
a 946174
11735
a 1362877
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114123
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114.8«111.7
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«63.7
a 152. 5o 133. 3ol01.2o99.7
Revised, f Revised series. For earlier data see p. 19 of the October 1933 issue. § Series revised. Earlier data will be shown in a subsequent issue. * Preliminary.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
BUSINESS INDEXES—Continued
INDUSTRIAL CONSUMPTION OFELECTEICAL ENERGY— Continued
Consumption by industries— Continued.Metals group 1923-25=100
Electrical apparatus 1923-25 -100-Metal-working plants 1923-25=100-Kolling 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=100Animal 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=100Fruits . . 1923-25=100-Grains 1923-25 =100Vegetables 1923-25=100-
Forest products 1923-25=100Distilled wood . 1923-25= 100—Lumber 1923-25=100Naval stores - .- 1923-25=100—Pulpwood 1923-25 = 100
ORDERSOrders, new. 1923-25= 100. _
Iron and steel 1923-25 = 100Lumber and products ._ .1923-25=100 .Paper 1923-25=100—Stone, clay, and glass . 1923-25=100Textiles . 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=100Chemicals and allied prod.. .1923-25=100-Food products- 1923-25 =100..Forest products 1923-25=100Iron and steel products 1923-25=100-Leather 1923-25=100Metals, nonferrous 1923-25=100Paper, newsprint 1923-25=100Rubber products 1923-25=100Stone, 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=100Metals 1923-25=100Textile materials 1923-25 = 100
World stocks— foodstuffs and raw materials:Total — 1923-25 = 100 .
Coffee — adj. for seasonal 1923-25=100Cotton— 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= 100Tea— adj. for seasonal _. 1923-25 = 100..Tin— unadjusted 1923-25=100Wheat— adj. for seasonal. 1923-25=100
85.2115.282.0
90.2142.0132.083.5
106.3110.8
11811110912466
167126194927989
34
101
34
0
116120
10082
1537374
162141----
212113
242342
148145
51.381.451.8
50.6« 107. 0
87.784.090.386.7
10381887772
21312517510198755217498970
4534278334
1351033382355224923
14310012184989183
20512769
14674
173112180122217
262M28
244325204311136229198
54 880.953.0
53.8111.386.572.384.394.8
12383828475
12816527114287875627537884
4033218135
1310
32382250225021
15598
12273998783
19212576
13977
196122195116263
256429221330186310141226207
57 585.656.1
56.6113.693.084.081.993.0
108848474
11784
1332467754705140477792
3324147137
1150
2837193525416
15798
12167
1038585
19111782
14682
199122185106287
260434239328188306153228204
54 076.052.7
53.398.877.284.056.286.5
82818768
1193884
1366345614745427090
3240126437971
2837183524406
15396
12166
1088183
1938381
15976
193117177109282
262426229330193314155220217
58 474.052.8
54.7104.485.283.558.585.0
7681
10175886070946843755144473291
3234156937891
2836183724446
14997
12269
1078085
1969078
16074
18611216995
277
263402229326206312145212236
64 283.358.4
60.6111.091.089.267 284.1
61698963766352536538765137482388
3235156934891
2835183624447
14397
12069
1058582
2008980
16377
17610416486
259
259394212328220331147207220
50 575.060.5
50.595.268.071.568 879.0
6676
10263
1043055496540
10554355033
101
3835177540
1180
2835193524455
13997
12369
1038581
2068880
16481
16999
16382
241
261375231330217326158209208
58 089.455.3
62.3102.382.073.074 586.0
73869768
1374960497460835725536998
4041197136
1190
3136203424604
13395
11969
1018283
2078176
15981
16193
16078
225
267362236331225348167204208
65 5104.163.7
68.8112.0124. 571.390.096.4
9210313179
1531318160
1119086632757
122113
5653327738
1631
3637283524786
13397
11279
1018782
2019077
15579
15990
17184
206
269343255326217344171201208
75 3106.972.6
79.8126.5146 475.7
102 0118.2
91102144
79108399816265
100103662760
135111
6774328740
2004
4542273327
120g
13410110710994
10481
1858474
15410515987
18984
184
267340247353242317164192219
85.3114.079.6
95.0130.2157.075.7
113.5121.3
9195
]307384
534876273
13151653063
13579
5063278134
0 1213
39402925
0 27a 85
10
140o 104
10912110010182
1677477
15312316785
21692
17C
266344245357216308159183232
0 80.7a 108.4
a 76.4
°88.3° 130. 0
143.580.0
a 105. 1« 110.3
851001269276
3446969727649
3063
125
5724
33901
3830
276310
142108
a 1121261099981
1548280
M67123166°87213103174
330253342
294151161233
COMMODITY PRICES
COST OF LIVING (N.I.C.B.)Total, all groups 1923=100 .
Clothing 1923=100Food 1923=100 .Fuel and light. 1923=100..Housing— 1923=100-Sundries—. 1923=100 .
FARM PEICES (Dept. of Agri.) §Total, all groups... 1909-14= 100..
Cotton and cottonseed 1909-14= 100..Dairy products * 1909-14=100 .Fruits and vegetables 1909-14=100—Grains— 1909-14=100..Meat animals 1909-14=100 .Poultry products * 1909-14=100-Unclassified 1909-14=100-
77.975 673.285.963.692.3
706976
10178627753
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. &61 261 985.864.689 4
5048596036565443
71.560 761.984.664.089 3
5349596647575644
72 160 764 182 863.589 4
6265636862656247
72 861 666 282 263.489 3
6469657463665548
75.263 971 782.663.290 3
768471
10394666751
76.970 073 084.363.291 8
727172
12081636754
0 Revised. *> Estimated. * New series. See p. 18 of the March 1933 issue (marketings) and p. 20 of May 1933 issue (prices).§ Data for Oct. 15: Total, 70, cotton and cottonseed 71, dairy products 78, fruits and vegetables 86, grain 68, meat animals 63, poultry products 94, unclassified 56.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
24 SUEVEY OF CUERENT BUSINESS November 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
Septem-ber
1932 1933
Septem-ber October Novem-
berD^- January Febru-
ary March April May June July August
COMMODITY PRICES—Continued
RETAIL PRICESDepartment of Labor indexes:
Coal 1913=100Food 1913-100-
Fairchild index:Combined index* Dec. 1930=100-
Apparel:Infants' wear* Dec. 1930=100..Men's* Dec. 1930=100_.Women's* Dec. 1930=100..
Home furnishings* _ _Dec. 1930=100Piece goods* Dec 1930=100
WHOLESALE PRICESDepartment of Labor index:
Combined index (784) 1926=100 .Economic classes:
Finished products 1926 =100Raw materials 1926=100..Semimanufactures 1926=100
Farm products 1926=100..Grains . . 1926=100Livestock and poultry.. 1926= 100. _
Foods 1926 = 100Dairy products 1926=100Fruits and vegetables 1926= 100—Meats 1926=100
Other products 1926=100Building materials 1926=100
Brick and tile 1926=100..Cement 1926=100Lumber 1926=100..
Chemicals and drugs 1926=100..C hemicals 1 926 = 100Drugs and Pharmaceuticals. 1926= 100—Fertilizer materials 1926=100
Fuel and lighting.. _ 1926=100—Electricity 1926=100-Qas 1926=100-Petroleum products 1926=100—
Hides and leather 1926=100-Boots and shoes . . 1926= 100Hides and skins 1926=100Leather 1926=100..
House furnishing goods 1926=100..Furniture — 1926=100Furnishings .. 1926=100
Metals and metal products... 1926=100—Iron and steel 1926=100..Metals, nonferrous 1926=100Plumbing and h e a t i n g
equipment 1926=100..Textile products 1926=100—
Clothing 1926=100—Cotton goods 1926=100Knit goods 1926=100-Silk and rayon 1926=100Woolens and worsted 1926=100..
Miscellaneous . .... 1926=100Auto tires and tubes 1926=100-Paper and pulp 1926=100—
Other wholesale price indexes:Bradstreet's (96) 1926=100-Dun's(SOO) 1926=100
World prices, foodstuffs and raw materials:Combined index* 1923-25=100..
Coffee* 1923-25=100Copper* 1923-25=100..Cotton* 1923-25 = 100.Rubber* 1923-25=100Silk* 1923-25 = 100..Sugar* 1923-25=100..Tea* . 1923-25 = 100Tin* 1923-25=100..Wheat* 1923-25=100..
Wholesale prices, actual. (See under respec-tive commodities.)
166107
86.0
91.282.989.383.781 8
70.8
74.861.772.957.063 946.764 965. 866.851.570 182.782.690.882.072.778 856.866.670.4
49.692.398.984.185.479.378 480.582.180.368.5
74.776.981.191 374.834.582.765.143.282.2
70.086.2
41.545.063.335.717.026.439.977.192.846.3
171100
73.8
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
66.855.6
°61.857.950.432.656.764.742.775.5
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
69.354.258.946.733.241.960.662.352.453.7
' 69.870.775.479.056.672.479.755.063.571.4
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
25.751.934.821.77.7
21.720.928.045.131.2
17295
71.1
77.272.472.772.567 7
61.0
66.750.256 942.632.937.855.855.253.049.567.370.174.981.255.971.679 354.962.366.0
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
69.9
76.771.671.971.566 1
59.8
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
78.470.771.870.265.1
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
15594
70.4
77.571.072.371. 167.2
62.7
67.253.761.350.252.846.859.458.858.852.366.571.475.281.859.673.280 955.066.860.494.6
103.331.276.983 667.368.371.771 672.077.775.256.6
61.355.961.957 948.029.161.558.937.670.7
62.174.2
34.246.548.431.611.622.232.739.671.438.8
15297
72.3
78.771.873.772.869 6
65.0
69.056.265.353.257.446.661.263.163.952.468 974.777.081.867.473.781 555.568.061.591.4
101.734.482.485.581.474.373.473 473.679.376.263.2
67.461.564.567.150.935.268.860.840.173.5
64.579.1
37.645.556.235.314.430.134.742.387.939.9
155105
76.1
80.775. 178.277. 874 8
68.9
72 261.869. 160. 173.447.465 566. 175. 650.8
79.578.288.275.973.280 356.868.665.389.4
100.241.386.388.388.778.074.874 675. 180.677.767.6
69.468.070.680 255.237.972.364.041.478.1
69.782.8
42.845.562.539.718.831.838.452.192.350.3
160107
82.5
85.480 485.781 780 2
69 5
73 460.671 757.664 645.964 8(55 771.151 074 181 381. 590 379.473.179 657.669 065.588.899.540.991.796 191.582.577.676 878 681.278.668.2
70.374.674.493 569.434.678.965.443.281.0
69.685.0
39.745.063.435.317. 126.336.963.289.042.8
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION CONTRACTSAWARDED
Contracts awarded, F.R.B.:Total, unadjusted 1923-25=100..
Residential 1923-25=100..Total, adjusted . 1923-25=100
Residential... 1923-25=100..F. W. Dodge Corporation (37 States):
Total, all types: #Projects numberValuation _ thous. of dolls. .
Nonresidential buildings:§Projects numberFloor space thous. of sq. ft..Valuation.. thous. of dolls..
31123012
7,600122, 616
2,3066,486
37, 977
30123012
7,152127, 527
1,9216,721
35,997
28122912
6,483107, 274
1,7924,912
26, 917
24102710
5,266105, 302
1,5826,036
31, 845
228
289
4,20581, 219
1,3633,331
24,945
187
228
3,80083, 356
1,4664,460
28,732
167
198
3,88452, 712
1,5324,085
23, 670
148
148
6,30359, 959
2,2545,000
26,359
16111410
7,25456, 573
2,5354,972
23,807
19131611
9,40977, 172
3,1526,525
31, 639
21141813
9 186102, 980
3,0827,137
50, 774
24132113
8 22982, 693
2 8026,978
40, 122
2513
a 2413
8 193106, 131
2 7796,381
32, 797
* New series. For earlier data see p. 19 of the December 1932 issue (Fairchild index) and p. 20 of September 1932 issue (world prices).# Data on floor space dropped. See p. 20 of the September 1933 issue for explanation.§ Data for this series have been revised for years 1930, 1931, and 1932 and may be found on p. 20 of the September 1933 issue.
• Revised.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION CONTRACTSAWARDED— Continued
F. W. Dodge Corporation (37 States)— Con.Public utilities :#
Projects _ numberValuation thous of dolls
Public works :#Projects number__Valuation _ thous. of dolls
Residential buildings:Projects __ _. numberFloor space thous of sq ftValuation. _ . thous. of dolls..
Engineering construction :1Total contracts awarded (E.NM.)
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 _ _ numberStage (added improvement)... number--
Under construction:Estimated total cost _ . . _ _ „ _ thous. of dolls..Federal-aid allotment.... ..thous. of dolls..Mileage, total . number
Initial numberStage (added improvement). ..number. _
Mileage completed to date numberbalance of Federal-aid funds for new con-
struction. .. . thous. of dolls
CONSTRUCTION COSTSBuilding costs— all types (American Appraisal
Co.)* 1913=100..Building costs— all types (A. 6. C.).. 1913=100—Building costs— all types 0&2V..R.)§_1913=100--Building costs— electric light and power con-
struction (Richey)* 191 3-- 100Building co«ts — factory (Aberthaiv) 1914— 100Building material costs: $
Brick house, 6-room . ... 1913—100Frame house, 6-roorn 1913=100
MISCELLANEOUS DATA
Construction — employment and wages:Employment, Ohio. (See Employment.)Wages, road building. (See Employment.)
Fire losses, United Stales thous. of dolls._Ship construction. (See Trans. Equipment.)Real estate:
Market activity each month 1926—100New financing. (See Finance.)
1733,425
1, 59157, 324
3,5306,794
23, 889
106, 677
5,7644,826
2,6191,103
306189117
158, 44357, 1857 5645 2232,341
113, 237
8,790
166"175.5
173
20, 448
1574,523
1,58864, 203
i 3, 486i 6, 55022, 804
114, 487
12, 65310, 690
58, 31918, 3943, 6912,3391, 853
260, 943115, 52813, 2689 1164,152
101, 124
42, 075
149163
158.0
153166
155149
30, 972
53.4
1288,264
1,25050, 237
3,3135,984
21, 856
100, 812
6,7125,667
56, 05817, 3783,5702, 4981,072
255, 315107, 15213, 2248,9664, 258
102, 361
33, 593
147163
159.2
153
153148
30, 734
60,4
1164, 116
96650, 096
2,6025,490
19, 245
100, 443
8,0027,592
51,97615, 6193, 2282,249
978
250, 724101,09812, 9789,1523, 826
103, 874
25, 583
146163
158.2
152
154148
31, 168
50.1
1076,45]
83236, 866
1,9033,437
12, 958
103, 360
5,6494,638
45, 08513, 3142, 6821,911
770
250, 97898, 25733,3499 3533, 996
104, 562
20, 294
145163
158.5
152166
153149
39, 191
52.9
897 974
45134, 699
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
934,726
37312, 510
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
1502,499
70115, 079
3, 1984,773
16, 021
57, 934
1, 6961,478
25, 7387, 4981, 9591,408
551
265, 67898, 31113, 8559 6284, 228
105, 645
14, 550
140163
158.4
151165
153147
35,321
41 7
1142,390
57111, 233
4,0345,814
19, 144
49, 393
570379
13, 1273,9381,151
783368
269, 48997, 55114, 2099 7094,500
105, 835
15, 622
140158
160.2
153
150143
27,826
41 1
1765,640
78213, 372
5,2998,352
26, 520
78, 198
1,9021,633
8,3712,642
762507255
260, 73692, 66913, 6579 2584,400
106, 554
16, 317
140158
164.4
150145
24, 339
46 4
1645,046
93319, 392
5,0078,309
27, 768
104, 200
1,8611, 547
8,9963,067
759523237
242, 10786, 14112, 3848,3973,986
107, 869
15, 190
141161
163.4
168
21,579
44 9
1604,132
91014, 809
4,3577,383
23, 630
50, 368
1,428879
9,2083,539
944533411
222, 45279, 84411, 2437,6263,617
109, 125
12, 874
148162
165.5
20, 004
41.5
15719, 395
1,25132, 003
4,0066,385
21,937
74, 063
5,6505,300
6,2093,702
694355339
191, 04068, 2709,3396 4432,896
111,227
11,300
150165
167.0
23, 627
47.4
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 dollsFoods . .thous, of dollsHouse furnishings thous of dollsMachinery 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 advertising:Cost, total thous. of dolls..
Automotive . thous. of dollsBuilding materials thous. of dolls..Clothing and dry goods thous. of dolls..Confectionery _ thous. of dollsDrugs and toilet goods thous. of dolls. _Financial thous. of dolls. _
2, 103209
62480
49995
655o0
15243600
9200
11310
6,388760120191275
1,458153
2,493780
2313947490
780132310
1820
12
809
68366147
6,836512133185149
1,761149
3,036580
1913455692
909163518
2110
15
790
52358485
8,293567202222163
1, 805200
3,060570
2917062888
8960
6914
2471612
1160
44354320
9, 053535195198170
2, 305229
3,006118
017
18665099
898o
848
3082712
780
5139575
7,82737514616212S
1, 896212
* 2, 811176
021
145"707
8575032498
319549
790
33361
24
5, 569421111106108
1, 257198
• 2, 628171
039
100"646
76722
501212
292360
740
3633430
8,2361 164
12815055
2,181191
3,014215
047
12071986
860770
13294570
940
3336434
8,67083415024198
2, 453196
2,466126
052
10359882
76743
76
281360
770
1823932
9,285962172244144
2, 324204
2,287121
05333
55086
713440
11304
440
820
17207
23
9,106779192268106
2,029177
2,065115
02238
51993
607160
1223644
0
7108
24142
7,635677107203208
1, 600197
1,816128
09
38470
795422309
220190
5904
16253
6,34568997
141180
1,400184
1,907234
05
3935789
5713867
238460
7000
18727
5,87979210079
2621,407
167a Revised.1 Data for September, December 1932, March, June, and August 1933 are for 5 weeks, other months 4 weeks.* New series. For earlier data see p. 19 of January 1933 issue (building costs, Richey), and p. 20 of August 1933 issue (building costs, American Appraisal Co.).
index has not been published since April.§ Index for Oct. 1, 187.7 J Compilation of basic data discontinued by department for reason of economy,# These series represent a breakdown of the combined total previously shown. See p. 20 of the September 1933 issue for earlier data.
17005—33 4
Richey
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
26 SURVEY OF CURRENT BUSINESS November 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
DOMESTIC TRADE—-Continued
ADVERTISING— Continued
Magazine advertising— Continued.Foods -thous. of dollsGarden thous. of dolls..House furnishings thous. of dollsJewelry and silverware thous. of dolls__Machinery thous. of dollsOffice equipment - - -thous. of dollsPaints and hardware thous. of dolls..Petroleum products thous. of dollsRadios _ thous. of dollsSchools thous. of dollsShoes and leather goods — thous. of dolls. _Soaps and housekeepers' supplies
thous. of dolls. .Sporting goods thous. of dollsStationery and books thous. of dolls..Tobacco manufactures thous. of dolls. .Travel and amusement thous. of dolls..Miscellaneous thous of dolls
Linage, total f thous of linesNewspaper 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 dollarsFirms 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 thousandsValue > thous. of dolls
Domestic, paid (50 cities)-Number thousandsValue thous. of dolls
Foreign, issued — value thous. of dolls..Receipts, postal:
50 selected cities thous. of dolls50 industrial cities _ thous. of dolls
RETAIL TRADE
Chain-store sales:Combined index (19 companies)* t
av. same mo. 1929-31 — 100..Apparel (3 companies)* f
av. same mo. 1929-31 = 100..Grocery (6 companies)*
av. same mo. 1929-31 = 100..Five-and-ten (varietv) stores:
Total, 8 chains, unadjusted.. 1923-25= 100.,Total, 8 chains, adjusted 1923-25= 100..F. and W. Grand:
Sales thous. of dollsStores operated.. _. number..
S. S. Kresge Co.:Sales thous. of dollsStores operated _ . . number
S. H. Kress & Co.:Sales. _ .. thous. of dollsStores operated. _ number
McCrory Stores Corp.:Sales _ thous. of dollsStores operated number
G. C. Murphy Co.:Sales thous. of dolls..Stores operated number
Isaac Silver & Bros.:Sales thous. of dollsStores operated ... number
1,15510
27030141853
22585
14358
51770
123337131178
1,407
02, 32792,61817, 28775, 3315,4081, 259
16, 33752, 328
21,979370
3,839
3,05730,959
9,42687,571
85
84
81
137151
10, 635720
5, 406230
2,800210
1, 912179
* New series. For footnote, see p. 19 of the Deeembt Revised series. For earlier data se-e p. 20 of the Oc
1,28410
32041184034
30513119171
53370
104393139262
1,310
"61,75093, 00318, 35974, 6443,6841,645
15, 60653, 708
" 49. 869738
62.0
2,661
555, 661
2,97129, 378
8,44174. 483
2, 962
25, 7702,835
83
83
82
123135
1, 17172
9,430722
4,914227
2,825241
1,419174
60140
3r 1932 isstoher 193:
1, 76019
532116206638
291165142151
63951
237446164298
1,607
70, 753103, 32319, 17184, 1533,0521,975
18, 89160, 235
48, 104680
61.7
2,592
567, 006
3,21931, 056
9,43079, 092
2, 538
26,7113,030
82
80
80
142133
1,30673
10,506722
5,151229
3,475241
1,620175
59639
ueissue f .V
1,95324
561146318055
299205120164
46465
267472213303
1 , 754
63, 85594, 96716, 42378, 5453,7401,737
16, 82356, 245
47, 646641
62.1
2,458
533, 047
3,15230, 201
9,22175, 369
2,799
26. 1092, 840
80
78
78
130129
1, 27676
9,841723
4,854229
3, 129242
1, 563175
54139
[a g; i7. i no .
1,81619
367202
297123
28421011367
358146326352259264
I , r , j i
GO, 73591, 50915, 68975, 8203, 9131, 6518, 908
61 , 348
41,5156S6
61.7
2, 681
542, 326
3, 57432, 745
10, 15178, 670
6, 340
33, 0973,789
79
74
80
226117
2, 25076
18, 0517'?3
9, 327230
5, 830242
2, 855176
99738
U i v i ' r t i s i
1,20942
2257717329
15714613245
277104160332223I SI
1, !1G
52, 07777, 95715, 28262. 6754,8662, 281
14, 19741,331
40, 829633
60.7
3,307
524, 721
3, 20730, 038
8, 56767, 210
2,400
24, 6742, 955
80
76
76
100135
86276
7,706718
3, 913232
2,537243
1,130176
1 3471 38
» Revi':'. i and p
1,81775
367282738
17583
14413
63241
170347195190
J , - I ' J O
47, 18672, 53914,08358, 4563, 0481, 637
15, 18838, 584
39, 575542
60. 8
2, 839
493, 416
3, 09831,864
7, 99665, 370
2, 423
22, 5592, 659
76
73
73
103138
93674
8, 054718
3, 896232
2, 339243
1,223177
36435
sed.20 of f h >
1, 94374
39628343776
18063
11669
64349
118392278203
1,630
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
O r f o b e r
2,07564
52250333499
21661
116159
70279
135392311188
1,729
60,11891, 0531 7, 00074, 0534, 6851,511
15, 28952, 569
:?5, 530025
60.4
2,665
508, 740
3,26135, 866
9,62294, 1632,832
23, 8102, 078
78
84
74
129140
1,33874
10, 228720
4,766231
2,721226
1, 629178
1 33
', 33 issue
1, 83658
04373242397
32639
129201
750136121457388197
1,732
02, 18494, 64917,01977, 6307,0211,528
16, 13352, 947
34, 008651
00.5
3,373
012,653
3, 41735, 399
9,73788, 4652,201
24.3932, 703
78
79
70
120130
1,24974
9, 941716
4, 978231
2,361237
1,661178
52732
(Chain-,0
1,51523
45472143579
20847
128154
668178111383345108
.1,514
61, 25893, 16816, 34570, 8237,9911,722
16, 44850, 663
31,411474
61.9
2, 933
0-13, 449
3, 24033, 129
10,02788, 721
2, 330
24 9882, 701
82
81
79
125137
10, 305718
4, 830231
2,551230
1,808179
51132
tore Sale.1-
1,34310
20047232538
23058
12185
518142100320233147
1,272
49, 30478, 31916. 06462, 2556, 1392, 390
14, 27239, 448
21,754340
02.3
2,402
044, 172
3, 00130, 957
8, 80381, 759
SO
79
83
123142
9, 407719
4, 929231
2, 540227
1,804179
),.
1,0185
1292624132
32010113613
44013195
364130127
1, 184
53, 71086, 33918, 15868, 181
6,7971,392
15, 19844, 794
19, 718379
62.7
2,392
090, 177
3,07830, 894
9,59887,281
S4
91
80
129139
9,921719
5,417231
2,019225
1, 803179
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Chain-store sales — Continued.Five-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, total ...tons-.Weekly average.. tons-
Restaurant chains:Total sales, 3 chains:
Sales thous of dollsStores operated number
Childs Co.:Sales _ thous. of dollsStores operated number..
J. R. Thompson Co.:Sales thous of dollsStores operated number
Waldorf System (Inc.):Sales . thous. of dollsStores operated number..
Other chains:W. T. Grant & Co.:
Sales . thous. of dollsStores operated. _ number. .
J. C. Penney Co.:Sales thous of dollsStores operated number
Department-store sales and stocks:Sales, total value, adjusted 1923-25=100..Sales, total value, unadjusted-.1923-25=100-.
Atlanta 1923-25 = 100Boston 1923-25-100Chicago 1923-25 = 100Cleveland. . 1923-25=100Dallas 1923-25-100Kansas City 1923-25-100Minneapolis 1923-25=100New York 1923-25=100..Philadelphia* 1923-25=100Richmond .1923-25=100..St. Louis. ._ 1923-25 = 100San Francisco .1923-25= 100. .
Installment sales, New England dept. stores,ratio to total sales _ . percent
Stocks, value, end of month:Unadjusted 1923-25=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..
21, 6421,937
00,66115, 165
357, 63889, 4 1 0
1, 047155
6, 423454
16, 2881, 471
7073647572646669707860796373
9.8
7370
43, 21916, 60026, 619
19, 4631, 925
63, 62515, 906
391, 80497, 951
3,403382
1,311107
976116
1, 116159
5, 658438
o 13, 0551,474
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
45,42319,805'25,618
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
5457
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
5750495150425353666549614759
6.3
5554
27, 55411,21116, 343
20, 1591,929
61, 05615, 264
405, 660101,415
3,201381
1,320105
826116
1,055160
6,277451
14, 5921,478
6768596463646262667860786068
5.3
5553
35, 36515, 57419, 791
19, 8011,931
61, 52515, 381
397, 49899, 375
3 173379
1,227104
865116
1,081159
6,553451
14 4331,478
6767666968616563607659816073
6.9
5655
37, 77815, 10322, 675
19, 3441, 935
79, 50315,901
507, 361101,472
3 012376
1 147103
863115
1,002158
6 512452
14 6171 478
6864546566585457557758745766
5 7
5657
38, 98616, 16522, 821
19, 5831,937
63, 44515, 861
382, 75195, 688
3, 045373
1,142103
911114
992156
5,784454
13 5641,478
7049464648454444404939514267
7.9
5660
33, 56613, 61519, 951
20, 3571,936
76, 00515, 201
458, 60691,721
3, 298376
1,191103
1,082117
1, 025156
5,752454
14 2041,477
7759
« 65°57«65"61«60a 61
566150
«66°57
76
12.7
6264
40, 32715, 65724, 670
EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
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=100Chemicals and drugs 1923-25=100..Petroleum refining 1923-25=100...
Food products 1923-25—100Iron and steel . _ 1923-25—100Leather and products 1923-25=100—
Boots and shoes .._. 1923-25= 100..Leather 1923-25=100
Lumber and products 1923-25=100Machinery 1923-25=100Metals, 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=100Car building and repairing.. 1923-25=1 00. JShipbuilding 1923-25=100..
Factory, adjusted (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..
76.655.845.447.278.596 2
106. 484.496 075 386. 686.089 051 160 967.791.084. 489. 669. 188.094.571.467.153. 463 444.271.974.353.943.145.775 995.9
10G. 683. 0 !
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
59.237.830.731.454.477 380.575.778 451 877.379.269 633.444 445.380.159.462.560.472.373.769.063.445.149 640.657.159.439.933.833.456 076.478.976.7
56.738.131.031.255.678 280.175.876 949 176.678.867 831 842 842.378.757.060.446 467.768.166.757.642.543 940.354.156.638.933.132.155 375.679.17fi.fi
57.840.536.732.558.682 478.875.978 250 675.077.763 932 843 144.478.457.160.646 769.769.669.856.341.444 438.549.857.740.237. 332.257 877.678.175.9
60.043.738.435.363.278 980.876.880 9
53 276.477.870 935 344 547.979.460.266.640 873.075.766.164.243.747 839.753.460.642.637.634.262 380.382.176.9
64.148.444.139.169.479 485.078.181 958 179.680.177 939 948 053.580.968.176.443 279.985.864.966.444.651 638.453.864.846.842.137.567 782.386.777.4
68.951.847.643.770.384 092.378.183 165 385.486.083 044 0si's59.582.577.086.050 085.794.164.765.649.258 441.458.770.151.645.242.473 387.595.67fi 4
73.455.850.447.276.089 9
100.779.789 372 788.788.788 647*657 165.486.983.391.658 487.896.466.467.651.760 943.764.573.353.946.945.374 992.4
103.3
* New series. For earlier data see p. 20 of the December 1932 issue. * RevisedDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
28 SURVEY OF CURRENT BUSINESS November 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT— ContinuedFactory, adjusted (F.E.B.)— Continued.
Food 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, uonferrous 1923-25 = 100 _ _Paper and printing 1923-25 — 100Rubber products 1923-25 = 100 .
Auto tires and tubes 1923-25 — 100Boots and shoes 1923-25 = 100..
Textiles and products _ 1923-25 = 100..Fabrics 1923-25 — 100Wearing 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 — 100Cleveland .Jan. 1921 = 100 _Detroit ..1923-25-100..Milwaukee* .1925-27 = 100-New York 1925-27 = 100..Philadelphiaf— 1923-25 = 100 ..
States:Delaware! - 1923-25-100..Illinois —1925-27 = 100.lowa 1923=100.Massachusetts * 1925-27=100.Maryland* . ..1929-31 = 100.New Jerseyf ..1923-25=100.New York 1925-27 = 100—Ohio ___1926=100-.Pennsylvaniaf 1923-25 = 100..Wisconsin 1925-27=100-
Nonmanufacturing (Dept. of Labor):Mining:
Anthracite 1929=100..Bituminous coal , 1929=100.Metalliferous 1929= 100..Petroleum, crude production. _ .1929=100-.Quarrying and nonmetallic 1929=100—
Public utilities:Electric railroads 1929=100..Power light, and water 1929=100Telephone and telegraph 1929 = 100. _
Trade:Retail 1929=100Wholesale 1929=100..
Miscellaneous:Banks, brokerage houses, etc.*.. 1929=100..Canning and preserving 1929=100Dyeing and cleaning*.. .1929=100Hotels ..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* numberConstruction* ._ , 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 totalMetal trades* percent of totalPrinting 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 percentLeather 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, ave. ner wage earner honrs..
93.974.783.381.988. 949.461.168. 691.282. 287.267.488.495.969.865.252.861.544.077.2
79.565. 383.359.679.269.078.3
98.169.799.375.188.679.569. 683.576.879.7
56.871.838.966.252.6
69.780.368.3
86.082.1
99.0175.688.678.779.3
28.4
i 1.05
337, 973177, 413160, 560
""lf"058
713761788141
9094949895
87879692979095
100
36.8
81.851.374.977.365.036.646.047.281.158.661.649.472,273.668.667.942.843.040.069.2
"65.853.465.137.455.459.661.3
72.854.594.062.268.966.057.860.363.661.1
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
67.153.365.242.055.461.664.2
71.664.495.164.771.060. 259.561.465.660.5
63.967.030.556.852.4
72.379.976.2
81.377.8
98.781.182.375.477.5
35.7
.89
373, 248214, 427158, 819
608, 48866, 9741,033
693554808247
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. 563.3
72.253.593.561.469.965.558.961.565.260.1
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
68335481f8145
8590948076
7080867892808276
36.5
80.052.872.072.968.336.846.447.480.263.265.456. 370.472.964.067.747.451.642.862.4
64.949.866.648.054.457.960.9
74.251.792.659.169.465.257.160.763.358.8
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
994
663154807944
8490938073
6880857890828480
35.4
79.650.672.974.466.935.044.544.879. 659.762.651.269.272.261.564.947.453.342.059.1
61.249.266.628.853.755.858.8
74.150.785.658.165.462.255.460.660.357.3
52.569.832.457.235.1
70.677.774.6
76.975.3
97.634.173.073.875.4
23.9
.74
266, 443115, 404151f 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
63.549.766.849.254.158.058.9
75.252.188.260.367.563.456.361.561.858.8
58.769.331.557.034.8
70.477.473.9
73.474.1
97.035 170.973.874.4
21.3
.69
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
60.548.261.741.854.356.357.1
72.150.883.256.264.360.953.7
«57.458.858.6
54.667.630.056.535.1
69.876.973.2
71.473.1
96.833.271.272.473.0
20.1
.79
279, 213133, 595145, 618
603, 81867, 557
934
662851787844
8489928877
7073878387788376
32.2
81.250.076.479.364.433.342.643.478.856.759.647.968.569.266.857.540.141.538.347.0
64.349.365.350.057.457.857.8
70.351.783.756.467.560.855.360.559.060.8
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
939
672951788046
8692948882
7376888490839090
33.8
82.652.579.781.472.635.744.247.479.959.765.342.973.475.967.465.441.943.839.452.1
63.651.168.852.561.058.460.9
73.853.686.458.568.363.757.165.762.663.3
43.261.230.056.943.4
69.176.970.1
77.074 0
96.445.582.071.973.5
24.0
.96
330, 138187, 371142, 767
610, 65266, 560
952
673153778047
8894959084
7781898793838988
37.4
82.358.183.984.780.340.047.753.681.667.875.046.281.686.768.766.943.950.338.253.2
64.853.473.960.7G8.259.164.1
80.057.290.562.971.067.359.572.565.569.5
39.561.331.558.047.3
69.377.369.2
78.375.7
97.455.685.673.676.0
26.9
1.01
359, 605206, 664] 52, 941
601, 94465, 437
973
693355778148
9095949287
8285918996849092
41.2
83.666.385.786.084.643.851.760.383.476.484.452.490.397.671.967.349.358.841.260.1
71.156.778.662.871.959.266.6
87.960.993.069.078.970.462.2
" 77. 868.275.9
43.863.233.059.549.5
69.477.568.5
74.676.9
97.876.682.975.676.3
26.8
332, 277190, 633141, 644
591, 18665, 9911,005
693355778148
9195959489
8586928996859090
42.6
89,77o.286.485.789.046.657.166.188.181. 989.060.591.299.869.667.751.459.743.568.2
« 75.864.083.664.776.663.472.9
94.267.995.373.284.074.965.7
°81.973.477.5
47.768.636.860.851.6
69.578.168.1
78.179.7
°98.3112.783.177.177.9
°29. 1
329, 813171, 576158, 237
592, 49067, 7151,031
6934587881
I 49
9293949591
8586949197869193
38.8
* 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). Data for Massachusetts subsequently revised for 1931, 1932, and 1933. See p. 19 of the August 1933 issue. ° Revised. l Quarterly average,
t Revised series. For earlier data see p. 19 of the September 1933 issue.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 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
Septem-ber
1933
1 Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
EMPLOYMENT CONDITIONS AND WAGES—Continued
LABOR CONDITIONS— ContinuedLabor disputes: t
Disputes. . - - .number..Man-days lost . numberWorkers involved number
Labor turnover (quarterly):*Accessions percent of no. on pay roll..Separations:
Discharged percent of no. on pay roll..Laid-off 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 19 23-25 =100. _
Cement - 1923-25=100Clay products 1923-25=100-.Glass . - 1923-25=100
Chemicals and products 1923-25=100..Chemicals and drugs 1923-25=100Petroleum refining 1923-25=100
Food products -. 1923-25=100._Iron and steel .. 1923-25=100Leather and products 1923-25 = 100 _ _
Boots and shoes . 1923-25=100Leather .. _.,... .1923-25=100..
Lumber and products 1923-25—100Machinery . 1923-25=100.Metals, nonferrous - 1923-25=100..Paper and printing - 1923-25=100Rubber products 1923-25= 100..
Auto tires and tubes 1923-25=100Boots and shoes 1923-25= 100_
Textiles and products 1923-25=100Fabrics 1923-25=100Wearing apparel 1923-25= 100_.
Tobacco manufactures 1923-25=100Transportation equipment 1923-25= 100. _
Automobiles 1923-25=100Car building and repairing.- 1923-25= 100..Shipbuilding ... . 1923-25 =100. _
Factory by cities:Baltimore* __1929-31=100__C hicago * 1925-27 = 100Milwaukee * . .1925-27=100 _New York * .1925-27=100-.Philadelphia t 1923-25=100
Factory, by States:Delawaref - 1923-25=100.Illmois 1925-27 = 100..Maryland * 1929-31 = 100..Massachusetts * 1925-27 = 100New Jersey f 1923-25 - 100New York 1925-27 = 100Pennsylvania t 1923-25 = 100Wisconsin __ .1925-27 = 100..
Nonrnanufacturing (Department of Labor} :Mining:
Anthracite .- 1929=100Bituminous 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=100Telephone and telegraph 1929 = 100
Trade:Retail 1929-100Wholesale 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 RATESFactory, weekly earnings (25 industries):*
All wage earners 1 dollars--Male:
Skilled and semiskilled ... dollars _.Unskilled dollars
Female . _ dollarsAll wage earners 1923=100..
Male:Skilled and semiskilled 1923 = 100-.Unskilled 1923 — 100
Female ._ 1923 = 100Factory, av. hourly earnings (25 industries):
All wage earners * dollars--Male:
Skilled and semiskilled *__._. dollars ..Unskilled* dollars-
Female * dollars..
22.88
.786.31
4.16
57.634.125.625. 057.474.380.069.878.249.068.767. 074.833.141.251.474.662.962. 863.470.775.161. 8
43! o50.135.956.8
71.339. 951.857.359.4
67.743.074.559.460.055. 053.553.8
60.744.123.944.429.3
57.871.864.6
69.262.3
84.5127. 060.355.660.6
19.46
22.0415. 9714. 2173.1
71.671. 782.4
.531
.590
.432
.395
33566, 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
«46.832.032.251.344.4
50.7"31.8"49.146.251.444.937.637.0
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
23147, 059
2,324
43.526.427.020.038.760.761.963.370.926.265.054.656.322.427.732.271.738.938.142.455.655.256.352.629.123.331.453.4
48.731.434.151.647.3
50.932.551.247.352.046.440.639.3
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
2168, 1541,896
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
46.028.534.348.044.7
49.430.148.943.549.644.239.138.2
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
1240, 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
46.028.331.646.242.6
52.229.148.441.849.642.637.435.0
56.237.718.741.722.1
61.973.273.5
73.662.6
85.725.648.456. 658.7
16.37
18.551.3. 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
42.528.430.244.039.6
49.628.544.739.746.240.133.732.5
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
32109, 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
42.528.630.345.140.1
51.429.645.742.347.540.734.834.0
56.837.217.841.717.4
60.671.671.9
58.458.6
84.725.942.455.955.5
16.13
18. 6713.9210.9660.6
60.662.563.6
.464
.527
.381
.298
41445, 771
12, 794
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
41.425.727.743.737.5
47.027.244.037.243. 538.432.532.6
48.830.717.442.517.8
59.471.971.6
55.157.1
84.124.241.053.552.9
14.56
16. 54112. 27 f9.9354.7
53.755.157.6
.460
.521
.375
.294
46535,039
19,867
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
44.326.434.846.037.9
45.028.245.938.045. 240.133.436.4
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
49603, 723
16, 584
42.025.121.215.945.961.962.065.164.829. 550.849.256.618.027.434.564.946.249.034.746.850.140.145.535.340.4-30.640.3
46.929.338.745.641.8
51.231.349.142.248.142.437.640.6
30.026.917.041.623.8
58.269.968.5
59.557.4
83.631.853.951.854.5
18.71
18.9414. 4211.0362.8
61.564.764.0
.453
.513
.368
.297
a 45•504, 3620 24, 59?,
20 86
524 46
2.23
46.229.125.118.852.164.666.966.366.336.257.454.966.421.732.041.466.657.362.038.453.660.539.447.336.043.229.840.3
50.932.245.846.545.3
56.935.453.147.052.145.142.046.8
34.329.218.340.627.5
58.069.966.6
60.557.3
84.736.756.752.356.7
18.49
21.1815. 8312.3069.5
68.871.171.3
.452
.511
.369
.300
«97"1,375,574
« 65, 725
49.930.227.621.249.867.972.666.168.242.464.262.271.424.635.746.567.865.269.747.358.967.241.947.338.346.131.444.9
58.135.247.747.448.0
66.037.960.553.054.448.045.349.2
38.233.619.042.228.4
57.470.066.7
58.159.1
85.246.252.853.356.1
19. 15
21. 9916.4812.9372.0
71.474.075.0
.455
.517
.375202
1332, 377, 886
83, 483
55.734.631.625.355.272.279.466.771.752.769.367.775.128.938.950.470.864.466.456.567.077.046.948.243.952.536.449.5
• 65.439.552.050.554.8
64.942.6
•67.957.357.551.053.053.3
46.643.321.942.529.9
58.270.966.1
62.760.8
o 84. 468.352 851057.6
19.25
22.1616. 1713.8372.3
71.972.680.2
.497
.560
.4092R9
* 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). Data for Massachusetts subsequently revised for 1931,1932, and 1933. See p. 19 of the August 1933 issue. Other dataare on pp. 19 and 20 of the June 1933 issue.
« Revised.t Data for 1932 revised. For revision of labor disputes forinonths January to May see p. 29 of the July 1933 Issue, and p. 19 of the September 1933 issue (employment
and payrolls).Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
30 SURVEY OF CURRENT BUSINESS November 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1832 Annual Supplement to the Survey
1933
Septem-ber
1932
Septem-ber October >™ Decem-
ber
1933
January Febru-ary March April May June July August
EMPLOYMENT CONDITIONS AND WAGES—Continued
WAGES— EARNINGS AND RATES—Continued
Factory, weekly earnings, by States:Delaware 1923-25 -100Illinois .. -1925-27-100Massachusetts* 1925-27 = 100New Jersey . - 1923-25 -- 100New York 1925-27 = 1 00Pennsylvania 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 hour..East North Central dolls, per hour..East South Central dolls, per hour..Middle Atlantic dolls, per hour..Mountain States .dolls, per hour..New 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..
1
172 4 ! 72 906. fi 63. 279 0 • ?4. 2<S3. 3 86. J79 0 77. 772 2 50,964. S j 55. 0
25 SO 20. 36,611
. n . 3620 . 19
. 30 , 34
. 44 . 44
. :;s , 34
. 52 . 47
. 25 . 19
. 30 . 34
.28 .26j
. 44 1 , 38101. 5 j 94, 0
74 464.473 186.877 962.559. 0
. 60S
32
193544344819
27
.3894.0
71 659. 770.883.875. 159.558.7
.615
.32
.37
.20
.34
.44
.34
.48
.20
.32
.26
.3894.0
73 760.570.884.174. 759.155.7
23.62.614
.32o-r
• ?9. 35.44.33. 48.21.34.27
.3894.0
70 260.268.382.272.455.753.1
.616
.32
.38
.20
.3643
!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
.613
.33
.41
.20
.36
.43
.32
.49
.22
.34
.27
.3894.0
72 863.172 183.474 261.958.5
.602
.33
.39
.20
.35
.43
.32
.50
.22
.34
.28
.3894.0
74 766.974 785.475 866.962.2
24.27.603
.33
.39
.20
.35
.42
.33
.49
.23
.34
.28
.3894.0
78 767.176.785.477.268.861.9
.608
.34
.41
.20
.35
.44
.35
.51
.22
.35
.27
.440 101. 5
72 367! 878 184.777 674.966.2
.35
.42
.20
.35
. 43
.37
.5023
!35.28
.44101.5
FINANCE
BANKINGAcceptances and commercial paper outstand-
ing:Bankers' acceptances, total— mills, of dolls-_
Held by Federal Reserve banks:For own account. .. mills, of dollsFor foreign correspondents
mills, of dolls..Held by group of accepting banks, total
mills, of dolls. _Own bills _ mills, of dollsPurchased bills mills of dolls
Held by others. mills, of dolls..Commercial paper outstanding
mills, of dollsAgricultural loans outstanding:
Credit banks, intermediate... mills, of dolls..Land banks, Federal mills of dollsLand banks, joint-stock mills of dolls
Bank debits, total mills of dollsNew York City. _ . . mills, of dollsOutside 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 o^ 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 dollsUnited 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 dollsLoans, total mills of dolls
On securities mills of doll1'All other loans mills of dol^s
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 percentStock yields. (See Stocks.)Time loans, 90 days percent--
Savings deposits:New York State ..mills, of dolls..
715
1
41
517236282156
1271 110
37224, 55512, 3iO12, 215
8972.74
806
6, 735
2,4217
1282,2773, 8053, 5916, 7352, 74S2,43S3,00266.2
11, 2965 5578' 6849, S164 ^385 578
H
IK-US2.505.003.13
M-H5, 079
683
o
43
573156414
64
110
1021,129
45425, 93114, 18311, 767
3801.42
425
!5,848
2,23333
\ 3321, 8543,0912,8935,8482,3122,2252,75061.1
11,2295,6408,201
10,7064 5216. 185
%
2.002-2 J4"2." 505.583.395.25
1K-1H
5,282
699
3
39
60519940652
113
981,125
42025, 29812, 94412, 354
3251.39
362
5,905
2, 22734
3281, 8513,1953,0035,9052, 4462, 3832, 70962.0
11,4615, 7098,585
10, 4414,3116, 130
H-34
1.35m-2H
2. 505. 583.3S
ti-iH
5, 271
720
4
32
65526838628
110
951,121
41520, 7509,815
10, 935
3381.52
353
5, 98C>
2,20235
3091, 8513,2423, 0495, 9862,4842,4112, 69262.6
11, 7455,6688, 589
10, 4134,2886,125
H
1.00ite-m
2.505.583.355.50
H
5,265
710
4
40
604224380
62
81
921,116
40926, 78713,96712, 820
3471.52
394
6,115
2, 14533
2351,8553, 3313, 1516,1152,5612,5092,73962 9
11,7585, 6568,507
10, 2974,3155, 982
H
1.001H-1'K
2.505.583, 256.00
H
5, 314
707
2
41
62625637038
85
881,112
40424, 46612,41312, 053
3591.56
454
6,033
2,07731
2741,7633, 4573,2566, 0332, 5542,4462,72565.5
11,8995, 6488,559
10, 1664,2595,907
H-H
1.00Itt-M
2.505.583.17
H
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, 2362,1413,41755.3
10,5935, 2888,1969,6274, 2345, 393
H-5'6
1.00IH-LH
2,505.583.105.50
H-lH
5, 269
671
280
45
26115310885
72
861,107
395• 22, 062» 12, 454*9,608
3111.56
6,610
2,572305426
1,8383,4553,2506,6102,1331,9493,69659.3
-S'
1H-3H
3.321H-4H' 3. 50
5.583.10
2M-3H
5,220
697
164
43
40420619986
64
851,105
39022, 62412,01210, 612
3221.20
512
6,606
2,459171435
1,8373,6333,4166,6062,3802,1323,42862.6
6 11, 127b 5, 3466 8, 570b 9, 6606 4, 252b 5, 408
H-1H
1.372-3H<3.00
5.583.10
1-lH5,164
669
13
36
505229276115
60
831,103
38625, 48613, 97711, 509
5291.63
635
6,466
2,21820
3021,8903,8073, 5206,4662,3942,1673,20368.0
b 11, 740b 5, 286b 8, 632b 9, 753* 4, 267b 5, 486
H
1.002-2M'2.50
5.583.10
i-m5,113
687
41
36
487201287123
73
821,102
38229, 71216, 74312, 969
7802.15
764
6,531
2,22048
1641,9983,8133,5436,5312,4942,2923,09468.2
* 11, 549b 5, 440h 8, 927b 9, 715b 4 308b 5, 407
%
1.00IV^-12."605.583.10
M-i
5,130
738
2
37
552248304147
97
891,101
37831, 23217, 35413, 878
9162.80
876
6,442
2,2099
1672,0283,7933,5486,4422,5442,2943,01268.3
b 11,2615 5968,7089,8234 3355,488
H-H
1.00m-m
2.505.583.10
%-Yz5,085
694
1
40
499252247154
107
1071 104
37525, 45113, 07612, 375
9172.50
881
6,607
2,2977
1532,1293,8203,5886,6072,6752,4092,98867.4
b 11,212b 5 565b 8 776b 9, 8086 4 3286 5, 480
n-y2.981H
2.505.003.13
1-1H
5,059
# Beginning with March 1932, method of computing rates was changed.° Revised.b Estimated for 101 cities on basis of report for 90 cities. Breakdown
of loans revised April through June.
* New series. For earlier data see p. 18 of the December 1932 issue. Data for Massa-chusetts subsequently revised for 1931-32-33. See p. 19 August 1933 issue.
« Rate changed Mar. 3, Apr. 7, May 26, and Oct. 20, 1933. (to 2 percent).d Figures incomplete due to bank holiday.Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1933 SURVEY OF CURRENT BUSINESS
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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January F£T j March April May June July August
FINANCE—Continued
BANKING— Continued
Savings deposits— Continued.U.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 _ _ numberLeather and manufactures number _ _Lumber number..Metals and machinery- . _ numberPrinting and engraving number..Stone, clay, and glass numberTextiles - - - - numberMiscellaneous number. _
Traders, total number..Books and paper .- numberChemicals, drugs, and paints. .number..Clothing number..Food and tobacco numberGeneral stores _ _ .numberHousehold furnishings number. .Miscellaneous number..
Liabilities, total thous. of dollsAgents 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 dollsMiscellaneous thous. of dolls. .
Traders, total thous. of dollsBooks and paper thous. of dolls..Chemicals, drugs, and paints
thous. of dolls..Clothing thous. of dolls.-Foods and tobacco.. thous. of dolls..Qeneral stores thous. of dolls. .Household furnishings,.. thous. of dolls ._Miscellaneous... thous. of dolls. .
LIFE INSURANCE
(Association of Life Insurance Presidents)
Assets, admitted, total t 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 dollsPublic utility mills, of dollsRailroad - - mills of dollsOther . mills, of dolls
Policy loans and premium notesmills, of dolls..
Insurance written: tPolicies and certificates thousands
Group thousandsIndustrial thousandsOrdinary thousands. _
Value, total .- . thous. of dollsGroup thous. of dolls..Industrial thous. of dolls_.Ordinary thous. of dolls..
Premium collections t thous. of dolls..Annuities thous. of dollsGroup.. thous. of dolls..Industrial thous. of dolls..Ordinary thous. of dolls..
(Life Insurance Sales Research Bureau)
Insurancewritten,ordinary total-mills, of dolls..Eastern district mills, of dolls..Far Western district mills, of dollsSouthern district mills, of dolls..Western district mills, of dolls
Lapse rates __ .1925-26= 100.
1,180,573
950, 814
1,116115273
4'204
iis131719
121728
558
11528435
13821,847
4, 8337,646
14228
142, 102
771404248355
3,5109, 368
31
5981, 1132, 928
2181, 7542, 726
96233
702226
577, 77623, 028
1*0, 105374, 643
4181674352
156
a Revised.t Revised series. For earlier data see pp. 18, 19, an
collections).
858, 720
771, 219
6713, 508
2,1821415131555205558271975
1891,528
24131317387
76266327
56, 1287,345
22, 310
474930
5296, 6604,3021,248
4441,3426,381
26, 471314
1,2865,2054,639
8196,0898,119
16, 7336,2281, 4344, 794
6,1901, 3531, 6692,653
515
2,925
95141
681229
639, 93761,018
174, 156404, 763209, 891
10, 2216,798
53, 379139,493
4381874248
161157
fi 20 of th
870, 823
783, 921
10220, 092
2,273150542
1452197056312974
1971,581
2212127847998
256327
52, 8707,857
18, 897
409613
9453,7522,8201,1261,3761,6806,176
26, 117265
1, 8513, 3605,783
9565,6788,224
16, 7906,1971,4244,773
6,2061, 3661,6712, 649
520
2, 936
1,05929
781248
670, 03938, 868
198, 053433, 118236, 28417, 0377,285
58, 052153, 910
4792004951
179
884, 297
779, 971
9343, 319
2,073132480
1648156044272767
1761,461
2010823342893
250329
53, 6216,808
23, 918
770456
2424,2772,161
6262,2741,906
11, 20623, 095
347
1, 4092, 8434, 217
8405, 3978, 042
16, 8306, 1681,4154, 753
6, 2241, 3781, 6742. 649
523
2,941
1,02823
747258
671, 24236, 262
184, 882450, 098223, 842
12, 2827,063
51, 048153, 449
4992214753
179
e July 1933 issue (
900, 796
792, 725
16170, 914
2,469169614
1467177863331892
2321, 686
17151334461123250350
64, 1899, 721
24, 577
4841,061
5693, 81.42,5271,3541,4543,142
10, 17229, 890
272
1,5144, 3129, 1012, 0584,6927,941
16,9176, 1361, 4024, 734
6,2311, 4001,6702, 639
522
2,948
99043
648299
741, 92067, 810
154, 864519, 246335, 64228, 7528, 644
116,838181, 408
5382335158
196146
insurance
942, 519
797, 169
241135,020
2,919172565
1760186268402275
2032,182
29160507495169412410
79, 10111,43330, 747
287797
2,3104, 2553,326
9231,0074, 385
13, 45736, 921
334
1,8066, 2245, 8053, 6009, 2499. 903
16, 9666, 1101,3944,716
6, 2381,4061, 6712, 638
523
2, 967
9239
686227
614, 43122, 546
168, 312423, 573242, 251
17,6129,235
59, 243156, 161
481217
4448
172
written
1,006,185
852, 986
14872, 870
2, 378157500
1 543175559272243
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, 637
523
2, 997
93414
681239
609, 72516, 842
168, 400424, 483229, 590
17, 2837, 571
51, 997152, 739
474211
4651
166
1,112,715
935, 987
1,948150462
947184551272264
1791,336
1186
23035196
268294
48, 5007,713
17, 583
7391,233
3222, 5392,766
461671
1, 4637, 389
23, 20490
1,2773, 57G4,6191, 6086, 3785,656
16, 9816, 0331, 3684, 665
6, 2661,4471, 6702, 631
518
2,975
1,04712
776259
640, 41417, 345
187, 761435, 308229, 160
14, 5458,718
50, 448155, 449
462209
4548
160139
1,158,416
974, 142
1,921147422
10411344t;(>331744
1541,352
1912923940069
224272
51,0986,407
18, 737
341526
4213,6182,8671,410
975951
7,62825, 954
687
4,0932, 8SS5,766
7934,6727f 054
17, 0206, 0021, 3574,645
6, 2751,4651, 6662, 627
517
2,987
99614
747235
628, 77821, 711
183, 462423, 605227, 102
13, 9066,878
48, 519157, 799
464206
4753
158
1,178,788
978, 286
1,909161466
1748175961382445
1571,282
2011919443161
212245
47, 9728,074
19, 021
607545
5252,5425,0981,7261,271
9045, 803
20, 877374
1,3662,7414, 576
9524, 4216, 447
17, 0475, 9601, 3434, 617
6,2671,4661, 6652, 618
518
2, 987
1, 03414
762258
645, 32022, 450
190, 138432, 732241,776
15, 3087, 786
53, 440165, 242
4952134955
178
'1,185,105
" 976, 377
1,648133362
935114046321741
1311,153
1397
20038746
174236
35, 3454, 420
13, 047
150372
3112,1662,179
6781,118
9485,125
17, 878221
1,1032, 4325, 064
5873, 3315, 140
17,0305,9101,3224,588
6, 2931,4941,6692,613
517
2, 970
1,07625
792258
687, 77643, 295
198, 046446, 435237, 338
22, 0,r67,412
50, 9*7156, 883
400209
4757
177i r>4
1,176,795
958, 985
1,421120325
3311302(5201142
14597615
10013836436
146177
27, 4815, 6558,282
121279
5592, 285
858420436689
2, 63513, 544
223
8821, 4013,971
4462,3634,258
17, 1075,8761,311•1, 565
(i, 3261,5221,6712,615
518
2, 965
1,07633
802242
666, 09542, 456
205, 780417, 859254,831
3(), 4078 °59
54, 025156, 147
4831955056
182
1, 177, 626
949, 049
1,472114357
42114249181730
1231, 003
1899
148387
41134174
42, 7769, 367
15, 192
650764
352, 6522,995
213631591
6, 66118, 217
320
1,5742, 3476, 757
4912, 3344, 394
17, 1345, 8371 , 3004,537
6, 3891,5691,6812, 619
520
2,957
1,15618
881257
688, 62024, 437
229, 545434, 638
4932074858
180
and admitted assets); and p. 18 of the Juno 1933 issue (premium
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
32 SURVEY OF CURRENT BUSINESS November 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
Septem-ber
1933
Septem-ber October Novem- Decem-
ber ber
1933
January Febru-ary March April May June July August
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 liraJapan 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 dollsNet gold imports, including gold released
from earmark $ * thous of dollsProduction, Rand 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 o z _ _Production, estimated, world (85 percent of
total) thous. of fine oz._Canada _ _ thous. of fine o z _ _Mexico thous. of line 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 dollsFoods mills of dollsMetals and mining mills, of dollsMachinery ~ mills of dollsOil mills of dollsSteel and railroad equip-
ment mills, of dollsMiscellaneous mills, of dolls. _
Public utilities mills, of dollsRailroads class I mills of dollsTelephones mills of dolls
PUBLIC FINANCE (FEDERAL)Debt gross, end of month mills, of dollsExpenditures, 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 dollsCAPITAL 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 dollsLand, buildings, etc.. thous. of dolls. .
Long-term issues thous. of dolls..Apartments and hotels.thous. of dolls..Office and commerciaLthous, of dolls..
Public utilities thous. of dollsRailroads _. . thous. of dollsMiscellaneous thous. of dolls
Farm loan bank issues thous. of dolls..Municipal, States, etc . thous. of dollsPurpose of issue:
New capital, total... thous. of dolls..Domestic, total thous. of dolls..
Corporate _ thous. of dollsFarm 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 dollsState and municipals (Bond Buyer):
Permanent (long term) _ thous. of dollsTemporary (short term) thous. of dolls..
0.861.207.082.965.0874.66.058.354.350.078.273.599
121.241
702
4,327
49, 30558, 281
1, 544
7 449
901,799105, 985
5, 632
3, 3213, 490.384
11,3521,6186,0001. 918
3, 5371, 862
°3 051
258, 327333, 25233, 793
318,986134 343
94, 17694, 176
026, 76522, 903
00000o
3, 8020
30. 00037,411
63, 81463,8148,911
18, 00036, 903
030, 36217, 854
85, 26517,854
8, 9 1 1
0.586.139.076.903.0603.47.039238
. 262
.051
.236
.402
.081
.178
.474
4,140
72, 28960
27, 957
100, 186961, 501145, 828
5,685
8682, 052.279
11, 3601,5006, 5941,778
5,0121, 916
183 3
<* 21 1* 20.4
18 1d2.5d 1. 4
7 5
<*32.810.463.089 661 8
20, 611
265, 725259, 95825, 936
216, 481142, 203
138, 60778, 60760, 00010, 882
00
700700
00
9,7320
4504,000
63, 725
89, 97169, 9716, 5504,000
59, 42120, 00048, 6364,332
138, 25710, 532
350
82, 73781, 688
0.588.139.076.912.0603.40.039.238.257.051.231.402.082.175.474
4, 226
45, 77461
20, 674
66 387974, 965171,220
5, 643
1,3161,305.272
11,3341,8536,0671, 918
6,0351, 701
20, 813
373, 209148, 00424, 74489, 85013 063
124, 062120, 047
4,01567, 4896,966
00000
60, 52300
9,10043, 458
100, 02096, 00548, 4749,100
38, 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, 716163, 545
5, 643
8751, 494.267
10, 4931, 0925, 9022,052
5,8011,785
20, 806
246, 159124, 50724, 05185, 48414, 328
76, 40076, 400
041, 591
7631,200
220220
00
37, 6081, 800
05,000
29, 809
44, 80144, 80110, 6335, 000
29, 1680
31, 59930, 958
74, 48739, 6781,913
47, 72640, 589
0.586.139.076.866.0603.28.039.238.248.051.207.402.082.179.473
4,429h 71, 023
13100, 872
171,872960, 618141, 598
5, 699
1, 2601, 203.250
8,2801,0054, 2211,627
5, 9311,651
209. 5
d 37.9d 30.9
18 9d 6.1d 3. 9dO 2
<*30. 114.462.0
130 854 6
20, 806
762, 406351, 695
19, 929210, 995141, 033
157, 920157, 920
028, 8448,766
0600200
00
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, 479
38 957967, 457115, 188
5,631
1,5511,763.254
11, 6741,0077, 1591,960
5,4441,559
20, 802
247, 785134, 04418, 35286, 80517, 889
109, 963109, 963
064, 517
7, 59200000
44, 92512, 000
09, 500
35, 946
64, 61064, 61022, 1579, 500
32, 9530
45, 35342, 360
106, 71361, 2673,250
85, 930105, 173
0.586.140.076.835.0603,42. 039. 238.258.051.208.403.082.183.473
4, 491
*- 178,28521, 52130, 397
-169,409883, 77589, 016
c, 892
209855
. 261
9, 6581,0195, 5471,603
5, 4321,640
20, 935
213, 091121,31216, 44290, 71527, 713
56, 51356, 513
037, 555
00
900900
00
41436, 241
01,400
17, 558
19, 63619, 6361,3141, 400
16, 9220
36, 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, 12314, 948
— 113 287946, 863187, 694
6, 998
2691, 693.279
11,6561,3096, 4362, 574
7,0601,859
123 8
d 18 6d 4 617 8
d 1.6* 1 6
d 15 0d 30.7
17. 167.133 941 4
21, 362
282, 368283, 286
17, 444242, 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, 57392, 719
0.605.145.076.847.0603.58.041.244.269.054.221.420.089.188.478
4,301
33, 70116, 7416, 769
23, 729895,097
120, 4616,137
1931, 520.307
9, 0031,0154, 6281, 907
8,2611,831
21 , 441
352, 464130.55217, 40089, 06219, 500
45, 38843, 788
1, 60035, 541
2, 60000000
28, 1044,778
00
9,847
24, 92824, 92817, 335
07,593
020, 46018, 207
44, 45334, 607
935
58, 579172, 948
0.679.163.076.876.0633.93.046.274.296.061.240.470.100.202.532
4,313
22, 11422, 925
1,785
975944, 604114, 017
5,876
2355, 275.341
9,7721,0145,1971,933
8,5681,707
21, 853
270, 053167, 15220, 515
114, 75415, 688
59, 64359, 643
015, 6349, 043
00000
6,591000
44, 009
43, 80243, 802
3, 5840
40, 2180
15, 84112, 050
56, 55912, 5503,084
53, 9151 105,047
0.711.171.076.899.0754.14.048.288.311.064.258.490.104.213.560
4,317
3, 5454,3801,136
301918, 63364, 4455,742
34315, 472
.357
8,726644
5,0671,465
6,5831,690
309.1
77.250.125.82.1
d 0.1d!0.2
M5.925.465.6
119.247.1
22, 539
411,352306, 16222, 943
251, 601146, 575
222, 644162, 64460, 00060, 37815, 415
00000
3,00041,963
00
102, 266
110, 148110, 14812, 082
098, 066
0112, 49648, 296
213, 59251, 3269, 052
107, 9052 10, 783
0 807.195.079.945.0844.65.055.333.349,074.288.562.117.240651
4,319
84,47185, 375
1, 496
592923, 67199, 581
5,675
2,5725,386.376
* 10, 226« 1,227" 5, 738
1, 552
8, 2152,028
22,610
203, 150179,01125, 081
131,11611,983
161, 990161,857
13395, 95586, 730
1,0890000
7, 0001,061
7535, GOO31, 035
117, 083116,95052, 76035, 00029, 190
13344, 90743, 061
79, 09613,06182, 894
« 37, 831' 13,916
0 794. 192.080943
.0824.50.054327
.339072269
. 554
. 115
.232648
4, 323
79, 46781, 473
1,085
—921934, 71486, 2655,616
7,01511,602
.361
10,9171, 7475, 9201,489
3, 6652, 340
23, 099
181, 926197, 53332, 690
163, 15814, 091
52, 90152, 901
014, 05014,050
000000000
38, 852
45, 60045, 60014, 050
031, 550
07,302
0
38, 8520
14, 050
110,91216, 85s
° Revised. # Or exports (—). d=deficit.*New series superseding old series which covered the physical movement only. For earlier data see p. 20 of December 1932 issue.h 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
November 1933 SURVEY OF CUREENT 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
FINANCE—Continued
SECURITY MARKETS
Prices: .Bonds
All listed bonds, avg. price (N.Y.S.E.)dollars. .
Domestic issues dollars..Foreign issues dollars-
Domestic (Dow-Jones) (40)percent of par 4% bond..
Industrials (lO).-.percent of par 4% bond..Public utilities (10)
percent of par 4% bond..Rails, high grade (10)
percent of par 4% bond..Rails, second grade (10)
percent of par 4% bond..Domestic! (Standard Statistics) (60) -dollars..U.S. Government (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 dollsForeign issues mills, of dolls..
Market value, all issues mills, of dolls..Domestic issues mills, of dolls..Foreign issues mills, of dolls..
Yields:Domestic f (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 (3-8
months) _ percentCash 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 dollsRailways, street thous. of dolls.
Interest payments thous. of dolls..Dividend payments (N.Y. Times)
thous. of dolls..Industrial and mlscellaneous.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) dollars..Banks (21).... dollars..Industrials (492) dollars-Insurance (21) dollars..Public utilities (30) dollars-Railroads (36) ..dollars-
Prices: StocksDow-Jones:
Industrials (30).. dolls, per share-Public utilities (20) dolls, per shareRailroads (20) .. dolls, per share
New York Times (50) dolls, per share-Industrials (25) dolls, per share..Railroads (25) dolls, per share-
Standard Statistics (421) 1926-100Industrials (351) 1926—100Public utilities (37) 1926=100..Railroads (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 sharesjnills. of dolls..Number of shares listed millions
Yields:Common, Standard Statistics (90) ..percent ..
Industrials (50) ___ percentPublic utilities (20) percent-Railroads (20) percent
Preferred, Standard Statistics:Industrials, high grade (20) percent—
Stockholders (Common Stock)American Tel. & Tel. Co., total number
Foreign _ number-Pennsylvania Railroad Co., total number-
Foreign number..U S Steel Corporation total number
Foreign. _ .number..Shares held by brokers percent of total..
83. 0085. 8271 51
69.5859. 79
76. 57
85. 74
62. 3487.9
103. 51
234,29633, 886
41 58133 370
8? 21^34,51428 0395, 875
5.286.304. 595.015.23
4.94
3.40
04
391, 58990, 700
70, 1006 800
500300, 889
164,629158, 577
6, 052
978.8923. 78
1.063.99.75
1.662.11.90
100. 327 947 2
86.46135. 4537.49
74 880 780.147 2
50.756.6
43 319
32, 7301 293
3.372.965.482.93
6.26
682, 2997, 629
240, 2373,234
isfi in^3,17118. 66
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
-442, 540"130, 100
«102, 500«9 200°1, 300
312, 440
156, 599154, 009
2,590
1, 148. 9928. 67
1.244.78.93
1.892.30.81
72.635.332.3
65.35101. 5829. 1358 255 891.434 5
73.547.3
67 424
26, 7351,311
4.915.225.032.51
6.88
705, 5017,348
251, 0413,327
IRQ Q81
3,14014.27
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
6,468
1, 146. 7928.12
1.214.78.92
1.892.30.81
63.528 228 3
56.1790.0722.2949 g47 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, 59220, 597
1, 126. 8925. 58
1.224.79
.901.892.34.81
62.127 627 4
57.6392.7122.56
47 545 477.625 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, 50815, 261
1, 119. 7925. 25
1.214.79.89
1.892.31.81
59.127 1
55. 0589.5420.58
47 444 £79.625 7
65.841.4
23 208
22, 7681 312
5.686.005.613.28
7.34
701, 0377,507
250, 5063,323
inn CKC?
3,15515.21
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
230, 50010 5004 100
592, 892
164, 840140, 34324, 497
1,112.9924. 21
1.204.78.88
1.892.31.86
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
117, 0008 0004 900
241, 800
222, 244206, 32815, 916
1, 070. 3924. 39
1.164.78.82
1.782.31.86
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
102, 20011, 3003,300
290, 351
162, 468158, 000
4,468
1, 024. 9922. 56
1.114.36.78
1.762.25.86
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
3,19216.07
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
96, 40911 5002 600
424, 429
130, 607124, 823
5,784
1, 006. 2923. 32
1.094.32.77
1.662.19.86
65.021 627 4
60.0997.2022.97
47 548 863.526 3
47.237.8
so nni
26, 8151 294
5.585.246.835.12
7.32
80.7984.7365.31
50.6451.57
69.09
80.35
30.6082.0
102. 9156.47
350, 62638, 367
40, 84432, 5538,291
32, 99827, 5835,415
5.786.945.275.265.63
5.35
3.47
.29
428, 449153, 884
144, 4001,4252,674
274, 565
218, 591199, 36219, 229
976.0923. 36
1.064.32.72
1.662.19.86
81.627 737 6
74.59118. 4030.79
62 965 379.237 5
53.150.4
104 99Q
32, 4731 294
3.993.675.183.59
6.78
82.9786.8467.77
67.6758.92
74. 60
84.35
69. 2386.8
103. 5457.11
344, 05023, 583
40, 87832, 5938,285
33, 91728, 3035,615
5.376.394.715.035.34
5.09
3.40
.07
571, 529134, 350
115, 8002,9503,000
437, 179
211, 890191, 06620, 824
965.4923. 29
1.053.99
.721.662.19.86
94.134 144 2
85.26134. 5336.01
74 977 396.944 o
60.755.7
1 on ftO?
36, 3491 285
3.273.024.123.06
6.38
690, 8867,564
244 2953,279
3.15117.91
84. -1388. 0370 °6
73. 0062. 85
79. 03
88. 95
66 3289. 6
103. 6259 50
323, 13920, 49S
4 o mo09 coo
8 c>~ !34, 4589Q fM r
5,813
5. 156. 164. no4.864.97
5.00
3.38
763,219205, 900
158, 200
557,319
116,211105, 16011,051
972 4923. 63
1.053.99.73
1.662.19.86
100 4
88. 46135. 8441. 09
83. 597.552. 6
60.960.0
120, 300
32, 762
3.02
•1 092.58
6.22
84. 6387. 9171.34
72. 6762. 02
79.47
89. 95
65. 7289. 9
103. 405S. 95
216,81815,597
41 61333 3768 237
35, 21829 3425, 877
5. 126. 144. 544.844. 95
4.98
3.40
01
349, 620101,800
88. 1004 9002 700
247, 820
211,432197, 49313, 939
970.6923. 84
1.C53.99.73
1.662.15.90
98.430 84*-* 6
88.24135. 8640.63
7r i
87.1
58.358.2
42, 466
36, 670
3.252.934.782.73
6.20
• Revised. t Revised series. For earlier data see o. 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
34 SURVEY OF CURRENT BUSINESS November 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
FOREIGN TRADE
INDEXESValue:
Exports, unadjusted 1923-25=100Exports, adjusted for seasonal— 1923-25 = 100—Imports, unadjusted 1923-25= 100..Imports, adjusted for seasonal .. 1923-25 = 100—
Quantity, exports:Total agricultural products 1910-14= 100—
Total, excluding cotton 1910-14= 100-
VALUE §
Exports, incl reexports thous. of dollsBy 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 dollsGermany . .thous. of dollsItaly .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 dollsArgentina thous. of dollsBrazil .. _ __ ._ .thous. of dolls..Chile thous. of dolls..
By economic classes:Exports, domestic thous. of dolls..
Crude materials thous of dollsRaw 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 dollsMachinery .. mills, of dolls .
Imports, total thous. of dollsBy grand divisions and countries:
Africa,. thous. of dolls..Asia and Oceania thous. of dolls..
Japan thous. of dollsEurope thous. of dolls
France — -thous. of dolls..Germany thous. of dollsItaly thous of dollsUnited 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 dollsManufactures, finished thous. of dolls..
42404548
9757
160, 090
4,53532, 12015, 59981,85712, 34013, 6857,221
28, 48921,46120, 9789,4733,324
10 6433 5882 650
656
157, 46163 571
45 318 7003, 398
15, 3026.85 91.3
21, 26153, 928
8 33 9
11 7146 652
3,91444, 39714 21749 989
5 6648 5053 108
12 09320, 49319, 97910, 9891 873
17 8664,5396, 5591, 092
48, 33416, 84614, 36633 51033, 596
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, 967
« 10, 84184, 81610 184
0 15, 7545,835
32,92020,77720, 5049,695
° 2, 6958 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, 717
0 13, 32570, 16311, 158
« 12, 6704,412
24, 75318, 82418, 32610, 125
« 2, 8299,3962,6353,578
234
138, 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, 17715,65364, 42110, 241
« 10, 4525,566
21, 49113, 64513, 43710, 412
« 2, 86710, 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, 819b, 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
"108, 032
2,63222, 6849,614
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, 7607,527
28, 1923,0005,6122,6935,796
10, 12310, 05511, 4903,046
14, 6671,2577,056
194
23, 63318,41115, 14514, 75122, 924
28292725
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
30323332
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
26 113, 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, 721
« 20, 30318, 33723, 622
32363840
7245
119,809
2,72720, 6257,720
58, 8208,178
10, 2354,329
22, 23318, 42118, 06910, 6362,8218,5802, 7561,647
518
"117,53340 257
29.313, 3622,704
10, 6592.95.51.2
18, 18145, 732
7.03 99.3
122, 262
2,24333,90911,46741, 1743,1116,8003,720
11,17115,71615, 26310,9312,505
18, 2891,7725,1583,788
34, 30117, 77519,083
a 27, 81323, 290
38434448
8051
144, 197
3,26230, 12715, 04668, 0818,516
11,3494,741
24, 78721, 30020, 92711, 7233,5249 7043,4142,327
456
141, 66151 509
36.815, 3833,078
12, 3054.35.71. 1
21, 35953,410
7.56 0
10. 1142, 992
2,60747, 79614, 42343, 7823,8257,4663,518
12, 57719, 80919, 38311,5412, 461
17,4574,0376,427
763
46, 44115, 89722, 87831,02126, 755
35384850
6650
131,451
3,74424, 44610, 15762, 7108, 4769,0383,596
24, 68620, 76820, 30110, 8943,3158,8902,8972,089
338
129, 29241 968
28.216, 8863,062
13, 8245.65.41.5
20, 46549, 973
8.13.4
10.9154, 976
3,17947, 02414 09951, 1475,4108,7023 473
14, 07318, 02417, 66611, 1282,503
24, 4756,2349,063
806
50, 66019, 75815, 64435, 23333, 681
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Express Operations
Operating revenue thous of dollsOperating income thous. of dolls
Electric Street Railways
Fares, average (320 cities) cents..Passengers carried t thousandsOperating revenues thous. of dolls..
Steam Railroads
Freight carloadings (F.R.B.):Index, unadjusted _ .1923-25 =100-
Coal _ .1923-25 = 100-Coke 1923-25 = 100Forest products 1923-25=100-Grain and products 1923-25= 100—Livestock _ 1923-25 = 100Merchandise, l.c.l 1923-25=100-Ore 1923-25=100-Miscellaneous. 1923-25 = 100..
8,143648, 108
687259356963709668
7,122132
8.229659, 31645, 114
616431258264721662
7,216130
8.212702, 85448, 647
657740267269721666
7,039134
8.235684 09647, 600
58724123635970
756
7,351124
8.235728, 01550, 459
527448185750645
45
6,603136
8.192690, 83747, 384
516344205953655
45
6,368138
8.192640, 63543, 656
517152195646645
44
6.438129
8.169689, 42746, 471
485135215839635
45
6,523115
8.143763, 03145, 784
514427247650658
54
6,746122
8.143693, 49347, 401
564733308151682160
6,659121
8.143658, 80645, 134
605444368346673264
6,357132
« 8. 136620, 42442,913
666655389846706267
8.136637, 27845, 055
657255376450699063
§ 1932 figures include final revisions. For revisions for January through March 1932 see issues of March, April, and May 1933.t Revised series. For earlier data see p. 19 of the August 1933 issue.a Revised.Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Steam Railroads— Continued
Freight carloadings— Continued.Index, adjusted 1923-25 = 100
Coal 1923-25=100Coke _ 1923-25=100..Forest products 1923-25=100..Grain and products.. 1923-25=100Livestock 1923-25=100..Merchandise, l.c.l 1923-25=100 .Ore 1923-25=100Miscellaneous 1923-25=100..
Total cars ^ thousandsCoal - . thousandsCoke thousandsForest products . thousandsGrain and products thousands..Livestock thousandsMerchandise, l.c.l thousands. _Ore thousandsMiscellaneous thousands
Freight-car surplus, total thousandsBox . thousandsCoal 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 centsPassengers carried 1 mile millions-
Waterway TrafficCanals:
Cape Cod thous. of short tonsNew York State thous of short tonsPanama, total „ _ thous. of long tons
U.S. vessels thous. of long tons..St Lawrence thous. of short tonsSault Ste. Marie thous. of short tons..Suez thous. of metric tons..Welland .... _. thous. of short tons
Rivers:Allegheny _ .. thous. of short tonsMississippi (Government barges)
thous. of short tons..Monongahela thous. of short tons..Ohio (Pittsburgh to Wheeling)
thous. of short tons..Ocean traffic:
Clearances, vessels in foreign tradethous. of net tons..
Foreign thous. of net tonsUnited States thous. of net tons
Shipbuilding. (See Trans. Equip.)
TravelAirplane travel:
Passengers carried* . numberPassenger miles flown* thous. of miles
Hotel business:Average sale per occupied room dollars..Rooms occupied percent of total
Foreign travel:Arrivals U S. citizens . numberDepartures, U.S. citizens number..Emigrants . . numberImmigrants number..Passports issued.,. number..
National parks:Visitors numberAutomobiles number--
Pullman Co.:Passengers carried thousandsRevenues, 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 dollsStations 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..
606760335753685957
3 20562535
123156101842184
1,138380223106
233517
1,1298,452
1,373
234
120812
600
5,6613,6312 031
56, 83021,515
2.9152
182, 95449, 109
545932246854691052
« 2 867«544
a 180 88
0 188o 104"859
o 30a 1 036
599324210
272 473214, 59930 481
189, 37749 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
676839256552691256
3 158676
2495
17411789332
1,148545314171
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 1954911964
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
2,4876262866
13283
7779
765647376196
246, 062188, 16430, 202
188, 20532, 857
21, 102.978
1,380
2240
1,62258751
2152,177
147
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
8,3526,3347,010
888
565640226150692057
1 9104292155
10669
6137
610692381233
226, 555179, 23926, 654
181, 68013, 266
19,986995
1,167
200o1,464
560o0
2,225' 0
83
81799
465
4,2262,6331 594
24, 3007,854
2.9454
14 15919, 7925,0191,5115,742
36, 4636,226
1 1583,208
79, 72656, Oil17,01658, 21514 02415, 015
7,3175,5297,117«*194
546545195849662051
1,9584922555
10162
6187
598650368206
211,613168, 79023, 585
170,8649,855
19, 117.977
1,045
158o1,435
62300
1,9830
81
72683
400
4,0502,4601,590
24, 5067,633
2.9851
17 00519, 0974 3451,2774,945
43, 3796,496
9522,784
76, 06153,96215, 51255, 55913, 10214, 902
6,9765,2506,605«*346
505535206945622347
1 8413661859
10452
624g
611681362244
217 599174, 91621 886
175, 29510 548
19, 3571 009
997
192Q
1 738724o
o2 468o
92
79701
357
4,5282 8611 667
24 9458 070
2.8045
18 41416 6824 2871,3936 480
40 9695*734
8722 643
78, 92554, 61518, 15557, 38714 25414 779
8,8276,8417,0551,375
535329229963631752
2 5053971786
17782
80316
926619314237
224 877180, 21222 920
173, 29619 041
19, 8311 0121 088
212183
1 528664352696
2 289588
115
82776
456
3,3261 7821 544
29 5579 365
2.8548
18 53916 0124 4091,3009 744
66 31311 326
9742 880
78, 05354, 11617, 44255, 65314 89714 676
7,9926,1336,655
938
565233289954661457
2 128318
1583
14866
66131
805553281204
255 256207, 49023 911
181, 58440 693
21, 7321 0461 170
245542
1 630783835
3 4902 1421 109
168
1131 022
576
5,1293 2591 870
38, 54312,629
2.7151
20, 02917, 7274,0021, 694
17, 428
92 51821,733
9512,711
80, 79754, 70619, 50257, 29715 99614 589
9,1696,9526, 9451,817
606344349554671861
2 265362
2010014762
65444
876454242148
278, 311223,-23630, 981
185, 32559, 483
23,7121 0361,495
207479
1 691779994
3r5821,9601,239
283
1101,397
827
5, 5153 5301 985
54 24718 861
2.8347
18 32522, 23810 4141,726
23 563
229 49659, 924
1 2013 608
80, 70454, 10419, 83256, 19316 20114 483
9,5577,2897,7901,309
657563398255703464
3 10956133
13422575
832110
1,139393216117
293, 708240, 17230, 964
194, 90864, 307
26, 460996
1,633
288473
1,669823839
6,0502,1791,121
291
1331,561
732
5,9913,7792 212
61, 50421,417
2.8448
24, 45342, 135
5, 2561,830
12, 323
440, 728117, 750
1 2243,356
79, 42152, 34120, 16755, 47315 95414, 399
9,2977,0327,4341,447
617461355356695357
2 50349427
10911866
680137872398237106
297, 018241, 24232, 242
202, 45360, 978
26, 468
254623
1,9141,002
9807,6902,2271,212
351
«1151,339
851
6,3634,0592,304
0 65, 181a 22, 798
2.9849
43, 52537, 6265,1202,6287,540
441, 795117, 261
1,3513,621
79, 35652, 29420, 29555, 70016, 38314, 368
9,1717,0657,7151,041
t Data for September, October, and December 1932, April, July, and September 1933 are for 5 weeks; other months 4 weeks.* New series. Covers scheduled airlines operating in United States. Earlier data not published.a Revised. d =deficit.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
36 SURVEY OF CURRENT BUSINESS November 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
September
1933
Severn- Qct<>ber Nobveerm' Decem-
ber
1933
January ^jyU" March April May June July August
CHEMICALS AND ALLIED PRODUCTS
CHEMICALSAlcohol:
Denatured:Consumption (disposed of)
thous of wine galProduction thous of wine galStocks, end of month,. .thous. of wine gal._
Ethyl:Production thous. of proof galStocks, warehoused, end of month
thous of proof galWithdrawn 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 IbProduction thous. of Ib. .Shipments » thous. of IbStocks end of month thous of Ib
Sulphur and sulphuric acid:Sulphur production (Quarterly) long tonsSulphuric 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 tonsFrom others short tons..
Shipments:To fertilizer mfrs short tons.To others - short tons..
FERTILIZERS
Consumption, Southern Statesthous. of short tons..
Exports, total § . _ long tons__Nitrogenous! long tons..Phosphate materials - -- long tonsPrepared fertilizers long tons..
Imports, total § long tonsNitrogenous § long tons .
Nitrate of soda§ long tonsPhosphates . _ _ long tonsPotash long tons..
Price, nitrate of soda, 95 percent, N.Y.dolls, per cwt..
Superphosphate, bulk:Production short tonsShipments to consumers short tonsStocks, 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 (500 Ib.)Stocks, 3 ports, end of month..bbl. (500 lb.)._
Rosin, wood:Production.. bbl. (5001b.)._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. (50gal.)..
OILS, FATS, AND ANIMALBYPRODUCTS
Animal fats and byproducts (quarterly):Animal fats:
Consumption, factory thous. of lb._Production .thous. of lb_.Stocks, end of quarter thous of Ib
Animal glues:Production thous. of IbStocks, end of quarter. thous. oflb..
Gelatin, edible:Production _. -thous. of lb_.Stocks, end of Quarter thous. of lb._
243, 183313,371
36, 523.37
106, 49491, 462
459,211
1,460,5891,425,0091,214,105
94, 881
15.50134, 370
17,76523, 604
31,21538, 327
101123, 28919, 83497, 481
375107, 07656, 6825,2489,643
39, 006
1.295
258, 081
5.0891, 251
218, 280
43, 21360, 305
.4726,91179, 563
6, 6428,004
1,3288.009
7,0008,6334, 639
13, 355
18, 780
11,906
98, 108329,507
134, 564.37
102, 44892, 220
257, 763
697, 890550, 862
3,829,635
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
5173,220
33, 534
1.220
117, 17580, 779
853, 035
231, 115
3.6583, 484
356, 985
31, 155102, 422
.4622, 81182, 364
5,0207,054
171,011474, 719240, 524
11, 75573, 954
1,3008.508
7,0417,2554,841
13, 140
19,154
11,905
188, 405253, 055
79, 714.37
197, 534159, 491295, 806
571,372958, 909
3,442,098
22, 12222, 62423,01114, 213
74, 813
15.5084, 471
16, 2249,158
10, 92023, 579
9867, 26820, 67944, 204
5091,61942, 831
139,506
30,000
1.240
150, 01847, 338
874, 042
195, 248
3.5575, 153
335. 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
3,154,482
19, 07420, 75320, 05414, 912
99, 615
15.50115, 684
14,70213, 429
10, 16522, 805
6071, 72413, 83350, 299
6585, 20648, 6274,8874,888
24, 478
1.270
209, 47613, 028
979, 903
227, 273
3.4476, 804
346, 908
31, 30898, 048
.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, 406
3,210,674
17, 99817, 93017, 80715, 020
188, 607
102, 886
15.50119, 350
17, 5839,830
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, 458
332, 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
6,969
312, 481297, 163
112, 122.37
165, 86069, 546
324, 489
352, 748512, 781
3,050,641
17, 12917, 77717, 52015, 545
100, 446
15.50114, 618
13, 79415,002
14, 64126, 538
20556, 1638,829
44, 12814
94, 31355, 281
4055,956
24, 968
1.295
227, 15416, 188
1,089,429
233, 286
2.8935, 064
295, 859
31, 188104, 771
.456,283
84, 096
4,97514, 194
3,7583,9091,988
9,084
15, 922
6,691
256, 826281, 484
62, 613.37
117,23690, 285
351, 440
324, 527625, 484
2,749,684
15, 43716,00816, 42414, 935
87,500
15.5099, 825
10, 6259,987
14, 06321, 675
29859, 8947,836
50, 14380
90, 34965, 4572,5164,539
17, 998
1.295
188, 63131,561
1,066,567
186, 598
2.8930, 639
263, 270
25, 583104, 223
.452,826
74, 894
4,17514, 399
3,9004,1472,230
8, 229
16, 639
7,013
268, 064288, 198
233, 754.37
124, 08693, 848
381, 678
178, 232665, 702
2,262,214
15, 43515, 80414, 98615, 307
116, 478
76, 573
15.5079, 328
10, 3098,544
14, 43919, 751
82585, 4819,485
73, 16555
97, 50761, 535
1065,814
21, 885
1.295
167, 114155, 402897, 888
202, 929
2.8935, 796
237, 350
26, 59798, 615
.466,710
63, 679
4,25512, 387
138, 652598, 610283, 313
4,93710, 751
3, 6543,6822,256
9, 012
19, 186
6,071
174, 201271, 914
147, 338.37
82, 846105, 559358, 965
425, 333576, 646
2,110,901
15, 00616, 00515, 50215,711
71, 649
15. 5073, 900
12, 22214, 487
14, 06523, 612
1,11969, 5804,239
63, 62157
102, 20470, 934
663,934
20, 537
1.305
158, 890265, 511521, 297
184, 760
3.2863, 372
212, 526
24, 92686, 406
.4318, 17659, 212
3,83110, 863
4,8184,9152,349
9,149
19, 094
8,264
184,921253,499
59, 621.37
95, 365105, 578348, 752
366, 015761, 369
1,715,547
14, 97515, 78115, 44916, 033
67, 162
15.5090, 605
7,3118,247
13, 19437, 278
23560, 3495,987
52, 479104
101,08559, 5618,4313,486
22, 714
1.345
177, 64994, 066
477, 497
208, 133
4.10110, 450227, 022
31,04570, 934
.4732, 35967, 117
5,0286,981
4,6624, 8902,570
10, 683
20, 382
8,688
179, 368317, 110
33, 100.37
98, 131131,203315, 680
559, 002830. 220
1,444,329
17, 88617, 27118, 21313, 759
233, 233
53, 586
15. 5076, 530
10, 32313, 320
14, 23630, 819
4385, 5347,625
71, 624166
105, 08372, 19029, 921
5,24619, 107
1.345
130, 27121, 508
514, 853
215, 130
4.30121, 946219, 882
35, 16363, 058
.4635, 54964, 824
5, 5147,242
173, 578641, 744375, 650
3,180
5, 1705, 0992, 4b3
11,684
22, 230
8,654
210, 7092S5. 619
93, S33.37
153, 199108. 628360, 251
561,918732, 735
1,273,512
5, 5055, 5742, 544
12, 182
24. 595
9, 4*6
262. 446a 295, 3-54
42, 458.37
181,62597, 697
444, 179
800,314955, 301
1, 178, 525
"71,951
15.50« 98, 587
« 23, 82916, 147
13, 25138, 885
1881, 1406,579
70, 789250
81, 20738, 4905,3082,949
38, 053
1. 315
163, 95317,515
a 565,370
271,014
5.16123, 977234, 578
41,03361, 785
.5135, 26570, 451
6, 5165,673
116,322
15.50131,492
29, 10221, 804
16,51141,970
4590, 4338,628
79, 428352
102, 02834, 1293,9434,603
56, 045
1.295
262, 70515,403
691,913
283, 152
4.96113,107227, 943
42, 96157,010
.4833, 23774, 920
6,7795,496
9,822
* New series. For earlier data see p. 20 of the April 1933 issue.§ Data for 1932 revised. See p. 36 of the June 1933 issue."Revised.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1933 SUEVEY 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND ANIMAL BT-PRODUCTS-Continued
Animal fats and by-products— Continued.Greases:
Consumption, factory thous. of lb_.Production thous. of lb_.Stocks, end of quarter thous. of lb_.
Lard compounds and substitutes:Production thous. of lb_.Stocks, end of quarter thous. 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: tCottonseed: t
Consumption (crush) short tons..Receipts at mills short tonsStocks at mills, end of month.short tons..
Cottonseed cake and meal: fExports* short tonsProduction. . short tons..Stocks at mills, end of month.short tons..
Cottonseed oil, crude: fProduction 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 lb_.Production t - thous of IbStocks, end of month f thous. of lb_.
Flaxseed and products:Flaxseed:
Imports, United States thous. of bu__Minneapolis and Duluth:
Receipts thous of buShipments .thous. of 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 Re-production (quarterly) thous. of lb_.Shipments from Minneapolis
thous. of lb._Stocks at factory, end of quarter
thous. c Jib..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..
50468, 490
24, 983
"~I,~886~
522, 590891 359589, 130
8 986232, 851258, 257
159,454119, 580
.04777 593
622, 799
1,981
1 568171
1,834
1.88«7, 371
2,362
52, 481
6,508
.104
5,351
.070
23, 446
.095
60,04774, 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
"571, 094«972, 509°667, 022
12, 622"256, 208°201, 923
« 172, 878«103, 204
283, 7001,292
.045°79, 735
U503, 352
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
.063
4,849
.066
19, 391
.09519, 528
3,96150, 631
25, 049
11,93614,912
673, 397892, 182
1,432,942
18, 430302, 815367, 661
208, 238147, 746
1,378
.037187, 047670, 558
384
7291,3401,200
1.06
3,937
17, 797
8,411
.067
4,007
.063
20, 048
.09519, 166
48, 57580, 05872, 013
225, 93226,265
36, 81728, 682
197, 290
837, 0876,356
66, 191798, 395
575, 970763, 781
56, 95926, 77228, 084
127, 640
67, 70112, 23426, 110
70, 81959, 847
120, 92814, 227
483, 290381, 139
1,328,607
28, 698216, 133366, 626
151, 315143, 835
229, 7991,519
.035133, 618730,492
914
434293
1,210
4,9983,1211.09
'11,787
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 753
1,211,440
21, 941190, 943342, 565
130, 699146, 688
1,467
.036112 212759, 730
368
399393
1,023
1.16
5,512
26, 690
8,297
.073
4,108
.059
22, 920
.09521, 023
6,62740,237
27, 300
10, 70613, 148
440, 333198 291969, 398
23,873198, 762332, 624
139, 178159, 060
1,274
.035113 517802, 125
570
101126
1,026
1.10
5,512
22, 799
6,410
.072
3,462
.059
15, 498
.08017,246
44, 88979, 41171, 894
203, 56425, 020
29,74118, 197
181,374
660, 3624,697
69, 913600, 825
664, 447839, 933
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
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
6,693
20 518
9,564
.078
8,152
.063
18, 358
.08120, 439
2 24382, 720
24, 895
12, 27232, 677
219,02471 921
447, 894
5 373100 631207, 175
73, 32481, 279
1 491
.050107 508779, 447
806
524267912
1.43
8,268
17 676
10, 799
.087
8,770
.073
19,578
.09420, 031
59, 53589, 97475, 634
245, 01021, 792
41, 7956,602
149, 105
701, 0391,234
87, 056432, 308
488, 679769, 898
62, 80527, 25723,779
141, 082
72, 4768,715
29, 776
79 94268, 389
138, 02416, 815
171, 66940 659
316, 764
5079 975
197, 902
56, 34763, 759
262, 6481 379
.05670 512
737, 849
1,056
641334960
4,268854
1.72
7,087
26 862
7,792
76, 975.094
79, 035
7,855
86 926
.075
15, 578
.09515, 530
1 74465, 624
46, 581
10, 75013, 026
161,56065 679
220, 883
Q6174 237
100, 631
51,74552, 444
1 274
.06457 450
676, 163
1,391
244254875
2.05
4,724
38 382
8,651
.108
5,861
.077
18, 929
.09518, 406
44484, 938
31, 783
12, 65922, 727
233, 223932 646220, 306
2 231106 632178,853
70, 87858, 82G
1 332
.052^8 090
640, 607
1,781
a j -J23
« 1581,117
1.88
2,939
58 686
6,199
.105
4,864
.071
19, 227
.09520, 859
«Asof Oct. 1./As of Dec. 1.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. See p. 37 of the June 1933 issue.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
38 SURVEY OF CURRENT BUSINESS November 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 1933
Septem- g Septem-ber J her October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
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:
Sales:Calcimines dollars..Plastic paints . dollars..Cold-water paints dollars..
PYROXYLIN PRODUCTSRods:
Production* . . thous. of lb__Shipments* thous. of lb__
Sheets:Production* thous. of l b _ _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..
12, 4345,989
2,076491437
1,147
16, 80611, 1983,9817,2175,608
117, 73268, 48548, 150
155163
802941
2933
22, 7813,717
3,103764878
1,461
15, 59210, 6073,9976,6104,986
113, 49365, 52947, 344
135188
9401,007
3347
17, 7783,706
2,573630656
1,287
0 12 4938,7963,5995, 197
0 3, 697
68, 098129, 06442, 228
144154
839818
2652
9,4504,662
1,202271192739
°9 4856,7303,2233,507
0 2, 755
65, 66050, 17030, 756
72105
713787
1827
7,6044,827
621141118362
Ml 275a 7, 698
3,530a 4, 168" 3, 577
60, 04774, 37937, 214
76119
635753
1429
5,4604,864
840191113535
Ml 6660 8, 195a 3, 423a 4, 772" 3, 471
75, 988104, 78942, 320
81102
597688
2326
11, 1005,146
1,694348323
1,022
0 13 579a 9, 180« 3, 392a 5, 788<* 4, 398
99, 81086, 44044, 159
6591
535687
1833
14, 1684,959
2,731525522
1,685
a 19 044a 13, 259
a 4, 677a 8, 5820 5, 784
116, 52388, 07161,314
105132
594804
2627
16, 4774,454
2.267522470
1,275
« 26 241« 17 780
a 5, 991a 11 789° 8, 461
181 543114,54684, 241
163127
984955
3337
20, 7413,701
2,804691672
1,441
27 81319 2726,828
12 4448^542
152 678113 73983, 287
19, 6785,472
2,026552435
1,039
22 09015 0336,4068 6277,057
20, 3133,908
2,700662617
1 421
°0 62114 1636,3237 8406,457
17 4577,110
1,774487465822
ELECTRIC POWER AND GAS
ELECTRIC POWER
Consumption, industrial, for power purposes.(See Business Indexes.)
Fuel consumed in production of electricalenergy. (See Fuels.)
Production, total f 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 street 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 (ElectricalWOT Id) thous. of dolls -
Revenues from ultimate consumers(.ZV E L A ) thous. of dolls. .
GASManufactured gas:*
Customers total thousands -Domestic thousands. .House heating - .thousandsIndustrial and commercial thousands _
Sales, to consumers millions of cu. ft—Domestic - millions of cu. ft..House heating millions of cu. ft..Industrial and commercial
millions of cu. ft..Revenues from sales to consumers
thous. of dolls. _Domestic thous. of dolls..House heating thous. of dolls. -Industrial and commercial thous of dolls
Natural gas:*Customers, total thousands..
Domestic thousandsIndustrial and commercial thousands _
Sales to consumers millions of cu. ftDomestic millions of cu. ftIndustrial and commercial
millions of cu. ftRevenues, from sales to consumers
thous. of dollsDomestic thous. of dolls _Industrial and commercial thous. of dolls .
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
6,949
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, Oil27, 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
6,674
3,6643,010
6,265
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
!
6,462
3, 3683,094
6,059
403
4,988980984
2,423
179
53318
151, 420
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
7,000
3,6033,396
6,578
422
5,237907969
2,772
167
55314
149, 950
141, 163
9,8269,281
58479
29, 93721, 4811,449
6,864
32, 20525, 4221,0145 649
5,4444 972
47062 09520 687
40 640
23 35914 6648,604
7,231
' 4, 207« 3, 024
6,792
439
5,603889997
3, 159
143
54304
153, 590
143, 368
9,8489,313
51478
28, 48320, 999
473
6,886
31, 24625t 251
3705,531
5,3914 945
44456, 33913, 348
42, 479
19 81711 2538,482
« 7, 4660 4, 646° 2, 8200 7,011
455
5,760867
1,0133 310
150
56302
154 860
143 212
9 8919 359
45481
26, 12919, 026
221
6 763
28 82523 224
1935 321
5 3624 916
44554 0409 168
44 244
17 4038 9968 313
7,646
4,7592,887
7,173
473
5,872864
1,0143,401
166
56309
143, 442
9,8979,365
44481
25, 75518, 610
195
6,828
28, 16622, 593
1725 316
5 3684 925' 442
54 9757 627
46 638
17 3098 4468 753
# 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.a Revised
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1933 SURVEY OF CURRENT 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
Septem-ber
1933
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
FOODSTUFFS AND TOBACCO
DAIRY PRODUCTSButter:
Consumption, apparent* thous. of lb__Price, N. Y., wholesale (92 score)dolls. per lb_.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 Ib . _
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__
Milk: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 IbCase goods thous. of Ib
Evaporated (unsweetened) :Case goods __ thous. of lb__
Fluid milk:Consumption in oleomargarine
thous. of lb__Production, Minn, and St. Paul
thous. of lb_.Receipts:
Boston, incl. cream thous. of Qt__Greater New York thous. of qt._
Powdered milk:Exports - - thous. of Ib .Orders net new thous. of IbStocks, 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 carloadsPotatoes:
Price, white, N.Y dolls, per 100 IbProduction, crop estimate thous. of bu__Shipments, car lot carloads
GRAINSExports, principal grains, including flour and
meal thous. of bu_.Barley:
Exports, including malt thous. of bu_.Price, no. 2, Minn 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_.Prices, wholesale:
No. 3, yellow (Kansas City)_dolls. per bu._No. 3, white (Chicago) dolls, per bu._
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 100 IbImports pockets 100 IbPrice, wholesale, head, clean, New Orleans
dolls, per lb__Production, crop estimate thous. of bu._
139, 403.24
138, 80154, 844
174, 857
41, 3052,730
.1343, 29133, 89712, 170
112, 68599, 369
18, 201
126, 079
3122,885
4.73
2.70
10 13614 683
208, 493
22, 812
1849 374
14, 904
•147,4476 123
1,6236,8393 293
2 080•307,382
17 156
2,523
41169
• 159, 7416,687
14, 830
4824,645
.44
.48•2,291,398
21, 33310, 67559, 670
96.35
•698,5318,815
49, 367
26 98723 034
.034•36,081
"145, 089.21
127, 38643, 022
89, 490a 43, 596
4,665.14
48, 07731, 51012, 771
81, 40668, 555
18,398
"113,025
5702,574
4.68
2.25
10, 54118 672
176, 197
4,054
21,945
18, 354115, 727
25610 42621, 785
a 8, 768
1,974a 5, 755a 3 780
913
o 12 924
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
121,81939, 720
66, 828
45, 5296,300
.1345, 75529, 26713, 329
78, 27466, 813
19, 452
"105, 594
5832,833
4.68
2.25
8 33416 302
146, 204
4,646
24, 571
18, 571113, 877
17810 08920,004
a 24 078
8,827a 6, 797a 3 449
910
a 14 496
8,176
1,24429
3,2727,151
1,9155,856
.24
.25
24, 51612, 44428,252
566.15
5,42128,532
163 3476 287
.021
138, 524.23
109, 79040, 714
37, 207
41,4326,609
.1339, 29323, 60112, 505
73,91662, 392
14,699a 92, 5 13
5222,601
4.68
2.25
7,50514 673
139, 957
4,485
26, 727
17, 589107, 768
2918 982
18, 505
10 816
9,811« 11, 002a 2 137
1 061
all 941
10,075
1,35331
2,7247,633
2,3205,569
.24
.25
12, 6449,318
27, 534
406.15
3,18927,316
176 70421 381
.020
134, 106.24
120, 84143,074
22,043
41, 1944,845
.1337, 71622, 81911 405
68, 71457, 749
16, 575
"101,617
5923,036
4.68
2.56
7 42712 234
100, 092
4 736
31, 705
17 725108, 829
22510 20718, 326
/ 140, 775a g 128
8,5130 13, 478o i 708
1 254/ 357, 679
a 12 H8
5,715
94029
1 299, 9502,9148,242
6995,167
.22
.23'2,875,570
11, 5526,486
30, 724
525.15
'1,238,2313,745
26, 310
211 80220 102
.020' 40, 643
128, 678.20
127, 07650, 828
17, 833
39, 8713,070
.1231, 38723, 81510 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 877
17, 473
6 278
6,70313, 5662 311
1 258
16 570
4,826
1,12126
1,7878,685
1555,758
.23
.24
12, 7153,750
33, 793
237.15
4,35226, 220
153 54931 872
.019
122, 655.19
119,21244, 750
11, 580
40,5493,545
.1129,48022, 1249,981
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 789
16, 389
5 875
4,13812,2872 252
1 250
16 359
3,569
44925
1,2038,496
5836,022
.22
.23
12, 6413,602
35,006
360.15
4,23625, 434
152 02523 837
.019
129,093.18
129, 37950, 672
9,255
43, 8172,892
.1134, 07326, 18612 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
1609 556
14, 997
4 999
2,89413, 6242 431
1 257
24 481
4,172
1,11330
1,6838,320
3715,830
.26
.26
9,8854,991
36, 120
582.17
4,76723,983
Ififi 9Q198 704.
.021
133, 645.21
135, 37148, 072
9,398
45, 2733,891
.1236, 28129, 57812 728
43, 62637, 321
15, 947
172, 178
5623,290
4.68
2.19
6 0765 310
36 975
4 858
34, 908
17 591109', 550
24810 25113, 354
2 830
1, 56712, 813
f) AKR
1 OQA
is no^
2,803
64840
5,0558,414
1877,117
.33
.36
16, 62311, 77632, 463
210.22
8,19122, 228
1 ^7 9*}*\91 fi
.022
160, 871.23
187, 20565, 023
35, 159
56, 7405,527
.1556 11643, 42216 037
48, 48141, 336
21, 363
203, 685
4822,122
4.68
2.55
°8 5859 860
48 127
4 814
37, 821
19 409121, 759
19212 13213, 695
1 964
59014, 0472 740
1 101
17 908
3,176
78545
8,78010, 809
7138,862
.39
.44
26, 46416, 71838, 362
153.25
11, 79123, 695
on 01 r»on fM7
.026
128, 815.23
200, 71273, 116
106, 378
40, 8356, 862
.1564 35951, 14213 989
78, 71567, 456
19, 496
220, 655
3333,147
4.70
2.60
"13 26914 996
104 088
3 773
36, 342
18 876118 690
22512 91013, 040
1 083
12, 345i 797
1 41 7
9-1 ono
3,210
85843
5,09111, 701
4535, 473
.40
.45
33, 74215,11149, 187
163.30
12, 15928, 173
n r7q
1 fi Q1 3
.026
133, 123.25
177, 63864, 057
150, 934
45, 4993,440
.1557 81346, 20916 923
94, 29182, 771
14, 805
179, 668
3303,305
4.73
2.63
11 43716 932
131 980
4 426
29, 395
19 235113 383
20511 23713, 303
1 420
7,4871 14^
2 071
n Q<3A
4,220
836fi4
6,28011, 633
5816,511
.52
.57
46, 22323, 59463, 456
155.39
16, 54234, 598
.029
142, 668.21
166 88463, 877
"175, 476
39, 2123,100
.1449 92739, 65112 656
°108, 035"94, 394
15, 704
149, 757
3422,394
4.73
2,70
a 11 186
16 428
°177 536
5 044
25, 984
19 382
192all 773*13, 140
1 538
6.3051 7Q9
9 ^Jfl^
i ft ^
2,749
43758
°5, 71914, 069
4386,005
.50
.53
13, 54314, 65957, 747
172.36
19, 97844, 746
.031
Correct figures are: January, 99,843; February,* 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. 1932 revisions incorrectly stated in September 1933 issue.
105,308; March, 128,058; April, 149255; May, 191,116; June, 191,592; July, 157,894; and August, 134,797.• As of Oct. 1. / 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 year 1931
For 1932 revisions for butter, factory cheese, American whole milk cheese, condensed and evaporated milk see p. 39 of the September 1932 issue§ 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
40 SURVEY OF CURRENT BUSINESS November 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
Septem-ber
1933
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
FOODSTUFFS AND TOBACCO—Continued
GRAINS— Continued
Rice— Continued.Receipts, southern paddy, at mills
thous.ofbbl. (162 lb.)-Shipments to mills, total
thous. of pockets (100 lb.) —New Orleans thous. of pockets (100 lb.)..
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
Winter wheat thous of buReceipts... thous. of bu._Shipments thous. of bu_.Stocks visible supply world thous of bu
Canada thous. of buUnited States thous. of bu
Stocks, held by mills (quarterly)thous. of bu__
Wheat flour:Consumption (computed) f---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) f
thous. of bbl._Offal thous. of lbOperations 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 lb._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 lb._Price, 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 lOOlb..Hogs and products:
Hogs:Movement, primary markets:
Receipts thous. of animalsSlaughter, local thous. of animals..Slaughter, inspected. (See Leather
and leather products.)Shipments, total thous. of animals..Stocker and feeder.. thous. of animals..
Price, heavy, Chicago.. dolls, per 100 lb_.
1,067
60592
1,157
3.71
• 23, 116
1,70412, 968
1,53143
.90
.89
.87
.89
•514,816« 174,461e 340,355
22, 60413, 568
213, 356153, 438
317"
6.93
5.93
8,769
1,165
1,066
93965
465, 3361,859
.094
466, 068
51,017
1,6531,004
638261
6.23
6 4945,552
1,03237
4.04
843
69483
1,225
1.34
9918,700
4,2262,479
.58
.54
.48
.55
38, 41021,313
497 500179, 122193,931
154, 037
9,413372
43, 015
4.14
3.21
9,395
10, 530752, 259
60
5,9004,245
1,096
1,038
63740
404, 8261,018
.143
404, 123
25, 909
1,689916
773390
8.96
2,5051,739
76121
4.12
1,606
95790
1,915
29.32
5878,485
4,4222,656
.64
.50
.45
.51
27, 23817, 540
628 700224, 678190, 310
10, 338376
42, 880
3.92
3.00
9,382
10, 514762 369
57
5,700
1,088
1,059
54437
380, 576796
.136
389, 873
36, 036
1,896962
866479
8.09
2,6911,830
85523
3.64
1,186
98897
2,177
1.31
4238,030
5,9953,714
.49
.47
.43
.49
17, 58423,464
525 800231, 342177, 025
9,239483
39, 841
3.72
2.84
8,719
9,772691, 984
55
5,750
1,042
1,059
51335
357, 250969
.124
361, 405
41, 029
1,543847
735377
7.00
2,7751,881
89126
3.37
706
83483
2,107
2.31
/ 40, 409
6107,993
3,5491,728
.48
.46
.42
.46
/726 283'264 604/461 679
13, 85913, 604
592 670233, 592168, 958
147, 095
9,192387
38, 007
3.74
2.85
8,323
9,328660,411
51
5,5004,012
1,014
1,172
62043
331, 693943
.113
332, 357
42, 870
1,161689
494210
5.77
3,1212,167
95920
3.06
687
83867
2,013
0.33
6087,934
3,3131,793
.50
.50
.44
.48
12,8148,375
643 550228, 647158, 228
9,281324
36, 949
3.80
3.00
8,077
9, 055646, 950
52
4,940
1,061
1,239
71747
371, 847927
.106
365, 532
39, 550
1,318824
471152
5.09
3,3812,396
97529
2.94
747
75048
2,036
1.32
2867,790
2,176729
.49
.49
.44
.48
9,8697,481
620 400223, 439148, 426
8,247308
33, 133
3.71
2.75
7,216
8,573572, 587
50
4,900
919
1,019
75146
343, 608844
.105
338, 763
36, 015
1,136725
407129
5.16
2,6991,896
80324
3.41
821
1,05872
1,856
1.35
5467,688
2,105456
.53
.55
.48
.53
12, 72910, 246
577, 600225, 360136, 724
116,910
8,144351
40, 705
4.03
3.04
8,867
9,255709, 357
53
5,6603,718
993
1,052
74942
373, 6101,135
.097
370, 562
33, 781
1,171786
38697
5.44
2,6381,921
71520
3.92
1,032
1,10219
1,833
3.43
1,2698,006
1,754194
.63
.69
.60
.64
15, 75313,421
522, 330215, 204125, 934
9,056332
42, 560
4.54
3.48
8,298
9,128745, 950
59
5,400
1,030
1,106
78045
376, 9131,561
.092
372, 635
30,668
1,296829
456152
5.52
2,7982,084
71429
3.75
628
82154
1,650
2.52
5,2118,806
1,52314
.74
.81
.70
.73
23, 31017, 258
475, 380196, 581118, 546
9,942321
40, 392
4.86
4.03
8,777
9,963711,463
54
5,100
1,107
1,240
86551
432, 8491,164
.094
430, 356
30, 538
1,5581,006
534193
6.32
3,1432,412
71838
4.57
257
56549
1,381
17.62
2,57310, 501
1,71916
.80
.82
.76
.78
28, 59815, 822
458, 610197, 665124, 973
131, 854
8,455362
39, 487
5.38
4.13
8,577
9,417696, 558
52
5,7002,993
1,095
1,314
1,04965
434, 3661,657
.094
436, 508
35, 136
1,449959
489150
6.36
3,3612,621
73746
4.58
112
55450
937
6.83
1,68911, 273
1,39129
1.08
1.01.98
1.00
37, 17217, 527
459, 660193, 879135, 493
10, 322290
38, 288
7.55
6.11
8,275
9,375680, 822
53
4,463
1,051
1,185
1,14675
423, 1741,344
.094
426, 689
41, 823
1,456953
460111
6.50
2,8712,136
73655
4.56
171
43187
671
2.72
« 1, 21811, 998
1,70021
.94
.92
.90
.92
26, 74813, 729
191, 545149, 732
7,127362
° 30, 866
7.14
6.05
« 6, 719
7,956" 548, 544
40
4,960
a 1,153
1,164
« 1, 10473
a 473, 2571,689
.098
475, 679
« 48, 446
1,6571,068
603213
6.32
3, 9172,957
85641
3.94
« Revised. • As of Oct. 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,t Data revised from July 1931. See p. 19 of tho August 1933 issue.Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
FOODSTUFFS AND TOBACCO— Continued
LIVESTOCK AND MEATS-Continued
Hogs and products— Continued.Pork, including lard:
Consumption, apparent thous. of lb_-Exports, total thous. of lb_.
Lard _ . thous. of lb._Prices:
Hams, smoked, Chicago dolls, per lb._Lard:
Prime contract, N.Y dolls, per lb__Refined, Chicago* dolls, per lb__
Production, inspected slaughter, totalthous. of lb__
Lard thous. of lb_.Stocks, cold storage, end of mo.
thous. of lb._Fresh and cured thous. of Ib-.Lard thous. of lb__
Sheep and lambs:Lamb and mutton:
Consumption, apparent thous. of lb_.Production, inspected slaughter
thous. of IbStocks, cold storage, end of mo.
thous. of lb__Movement, primary markets:
Receipts thous. of animals. .Slaughter, local— thous. of animals..Slaughter, inspected. (See Leather and
leather products.)Shipments total thous of animals
Stocker and feeder thous. of animals ..Prices, wholesale:
Ewes, Chicago dolls, per 100 IbLambs, Chicago . .. dolls, per 100 lb_.
Poultry and eggs:Eggs:
Receipts, 5 markets. _ „ thous. of cases. .Stocks, cold storage, end of month:
Case . - - thous. of cases _ _Frozen thous. of lb_.
Poultry:Receipts, 5 markets thous. of lb_.Stocks, cold storage, end of mo.
thous. of lb._
TEOPICAL PRODUCTSCocoa:
Imports long tonsPrice spot, Accra, N.Y.. dolls, per lb_.Shipments, Gold Coast and Nigeria
long tons..Coffee:
Clearances from Brazil, total . thous. of bags..To United States . thous. of bags. _
Imports into United States.. thous. of bags..Price, Rio no. 7, N.Y... _dolls. per Ib..Receipts at ports, Brazil thous. of bags._Stocks, world total, incl. interior of Brazil
thous. of bags. .Visible supply, total excl. interior of Brazil
thous. of bags..United States.... thous. of bags..
Sugar:Raw sugar:
Cuban movement:Exports long tonsReceipts at Cuban ports . long tonsStocks, total, end of month
thous. of long tons..United States:
Meltings, 8 ports f. long tonsPrice, wholesale, 96° centrifugal, New
York dolls, per Ib.Receipts:
From Hawaii and Pto. Rico.Jong 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 ib_.Price, wholesale, gran., N.Y. dolls, per l b _ _Shipments, 2 ports . Ion? tonsStocks, end of month, 2 ports... long tons..
Tea:Imports thous. of lb._Price, wholesale, Formosa, fine, N.Y.
dolls, per lb_.
MISCELLANEOUS PRODUCTS
Candy sales by manufacturers_thous. of dolls _ _Fish:
Landings, fresh fish, principal portsthous. of Ib
Salmon, canned, shipments... ._ casesStocks, total, cold storage, 15th oi month
thous. of lb_.
~~61,~157~48, 743
.124
.060
.067
821,467628, 965192, 502
1,888
2,9111,277
1,622498
1.886.34
733
7,46893, 728
24, 862
50, 156
22, 056
10, 260
1,465770834
.0741,836
6,957976
2,081
277, 642
.035
108, 023177, 152
311,462
4.020.052.046
49, 90932, 649
9,496
.175
21,553
51, 172
633, 78553, 50044, 789
.137
.054
.066
571, 476105, 696
568, 909498, 25370, 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
798385782
,094926
tt)
4,975596
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
« 58, 269
646, 52762, 82753, 573
.126
.048
.065
607, 951112,063
467, 958433, 54834,410
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, 89829, 766
63, 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, 85041, 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
5,296714
2,062
224, 948
.028
125, 149163, 821
200, 163
2,768.047.038
94, 27865, 767
5,705
.175
15, 506
22, 325631,818
35, 469
561, 35658, 35147, 661
.114
.048
.055
623, 747127, 436
671,914610, 24061, 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, 63938, 741
.116
.049
.058
677, 378139, 066
702, 255630, 36071,895
56, 419
56, 397
1,773
2,0971,152
948107
1.885.18
2,280
4,85762,944
18, 617
45, 824
20, 324.0388
17, 739
1,116597922
.0781,588
26,089
5,888735
2,882
345, 677
.031
227, 499308, 660
367, 545
2, 854.048.042
66, 77425, 605
7,067
.175
15, 033
28, 426378, 682
19, 335
615, 82556, 15446, 038
.121
.066
.073
750, 898150, 410
781, 442670, 553110, 889
58, 368
58, 456
1,843
2,4021,319
1,081125
1.886.10
2,502
8,06285, 323
23, 123
38, 131
14, 801.0450
18, 028
1,197625
1,187.082
1,631
24, 233
5,754821
2,825
361, 308
.033
185, 062305, 753
426, 714
3,090.049.044
76, 16332, 826
7,295
.175
15, 561
30, 297477, 019
19, 646
605, 89352, 09337, 941
.128
.066
.071
823, 375171, 519
946, 980760, 730186, 250
54,569
54, 556
1,807
2,0911,167
912100
2.167.28
1,576
9,364103, 019
24, 086
42, 705
18, 097.0480
19, 613
1,366716977
.0761,543
23, 095
6,140735
2,637
411,361
.034
164, 316261,516
448, 183
3,625.049.045
62, 27936, 513
5,846
.175
11, 844
22, 231301, 645
25,711
576, 46751,11236, 200
.135
.073
.074
707, 530148, 330
1,027,581808, 322219, 259
51,054
50, 862
1,594
2,2261,106
1,103108
1.837.20
1,152
9,507107, 660
22, 121
44, 970
18, 198. 0550
17, 832
1,586745865
.0761,440
22, 394
6,418747
2,386
358, 713
.035
176, 296312, 112
498, 052
3, 513.054.046
59. 71838, 928
8, 909
.175
10, 717
28, 784
33, 231
1
-628,78649, 24035, 714
.132
.060
.068
631,418129, 045
* 981, 177° 756, 701« 224, 476
« 56, 762
56, 666
« 1, 487
2,7521,249
1,509347
1.886.81
951
<* 8, 944« 102, 449
23, 966
° 47, 789
23, 884. 0548
23, 865
1, 329627
1,128.076
1, 565
22, 370
6,6341, 006
2,213
408, 918
.035
99, 100169, 933
369, 780
4, 062.052.046
67, 20842, 018
11,575
.175
16, 286
34, 036
44, 850
° Revised.* New series. Earlier data not published.f 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
42 SURVEY OF CURRENT BUSINESS November 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
FOODSTUFFS AND TOBACCO—Continued
TOBACCOLeaf:
Exports § .. thous. of lb__Imports, unmanufactured thous. of lb._Production, crop estimate . thous. of lb__Stocks, total, including imported types
(quarterly) - - - - .mills, of Ib _Flue-cured, fire-cured, and air-cured
mills, of Ib...Cigar types mills, of Ib
Manufactured products:Consumption (tax-paid withdrawals):
Small cigarettes .millionsLarge cigars thousands..Manufactured tobacco and snuff
thous. of lb_.Exports, cigarettes thousandsPrices, wholesale:
Cigarettes dolls, per 1,000..Cigars . . dolls, per 1,000
42, 3962, 349
'1,413,373
9, 528423, 600
29, 133271,311
4.85146. 002
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, 207
28, 847131,016
4. 85146. 062
20, 2512,669
12, 823371,373
31, 838197, 603
4.85146. 062
18, 5231,502
2, 098
1,599399
12, 463418, 570
32, 358142, 109
4.85146. 062
30, 6211,880
9 526400, 511
28, 782207 360
•185146. 062
24, 5031, 66G
11, 189434, 821
32, 942171 439
4. 85146. 062
FUELS AND BYPRODUCTS
COALAnthracite:
Exports . thous. of long tons._Prices:
Retail, composite, chestnutdolls, per short ton..
Wholesale, composite, chestnut #dolls, per short ton..
Production thous. of short tonsShipments .. .»thous. of short tons _Stocks, in storage __thous, of short tons..Stocks, in yards of dealers, end of month
no. of days' supplyBituminous:
Consumption:Coke plants thous. of short tonsElectric power plants t
thous. of short tonsRailroads .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..Byproduct .. thous. of short tons. .Petroleum thous. of short tons..
Stocks, end of month:Byproduct plants thous. of short tons..Petroleum, refinery thous. of short tons..
PETROLEUM AND PRODUCTS
Crude petroleum:Consumption (run to stills)... thous. of bbL.Imports thous. of bbL.Price, Kansas-Oklahoma dolls, per bbL.Productionl thous. of bbL.Refinery operations . pet. of capacity ..Stocks, end of month:
California:Heavy crude and fuel oil- -thous. of bbl__Light crude thous. of bbL.
East of California, total 1.... thous. of bbL.Refineriesl- ...thous. of bbl._Tank farms and pipe lines U thous. of bbL _
Wells completed 1 - _ number ..Mexico:
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 bbL.Railroads thous. of bbL.Vessels, bunker --thous. of bbL.
Price, fuel oil, Oklahoma, 24-26 refineriesdolls, per bbL.
125
13.12
9.9624 9934 1871,267
4 020
122976
7 ^3
3.722
3.82929, 500
85
2.63
602 712
2,985
" 2~069~.768
947
9, 95910, 182
"~"2~55§~
.563
112
13.52
10. 7744,1083,6642,263
60
2,303
2,5584,375
100833
7.54
3.596
3.56826, 314
27, 504
60
2.08
461,544
150
4,2231,484
63, 9131,893.860
0 65, 51860
95, 04840, 367
°307, 818« 40, 146"267, 672
°915
1,4032,514
8,0878,803
7802,8983,350
.425
112
13.58
10. 9095,2344,7582,261
42
2,618
2,6105,096
981,012
7.60
3.613
3.64332, 677
30 038
63
2.05
681,739
155
4,0281,434
66, 6982,455.860
« 65, 59861
95, 45739, 996
"305,867» 38, 922"266, 945
«827
1,7762,570
7,7949,171
7313,3452,916
.470
92
13.60
10. 9324,2713,8812,164
2,658
2,4804,769
93948
7.59
3.597
3.65730, 632
51
1.91
811,752
147
3,8571,393
65,5041,963.860
0 63, 63061
95, 32240, 264
«302, 1110 47, 302"254, 809
855
1,5952,641
8,3778,767
6253,0192,763
.563
89
13.65
10. 9215,0894,5121,732
34
2,729
2,6785,080
83453
7.51
3.582
3.64231, 110
29, 666
27
1.88
961,786
150
3,5151,330
65, 9982,746.745
« 58, 29560
95,93339, 340
"294, 172« 47, 816"246, 356
793
1,3722,961
9,1049,309
7033,0772,751
.556
67
13.61
12. 2283,8073,3261,236
46
2,708
2,4924,682
59337
7.46
3.566
3.61427, 060
29, 046
21
1.88
821,785
95
3,3081,236
66, 0932,831.530
63, 99860
95, 76539,297
290, 40447,100
243, 304639
1,5092,890
9,5829,699
6492,8822,702
.475
80
13.53
12. 2284,2753,782
792
2,502
2,2944,492
63311
7.45
3.555
3.59827, 134
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
58287
7.43
3.549
3.58123, 685
23, 843
23
1.75
931,666
147
2,7031,149
67, 9843,803.380
75, 30263
94, 55439, 909
295, 34948, 889
246, 460486
1,3982,825
10, 0769,945
6742,7852,813
.363
38
13.00
10. 0952,8912,461
457
42
2,469
2, 0744,248
65435
7.37
3.503
3.41619, 523
22, 486
14
1.75
471,656
138
2,8471,149
68, 8222,910.380
65, 31367
95, 34939, 516
289, 93348,997
240, 936472
1,9403,008
9,3409,058
6522,8092,82G
.331
31
12.25
9.6162,9672,508
435
2,854
2,1964,354
103722
7.17
3.497
3.41622, 488
46
1.75
471,921
145
2,9751,176
74, 3402,206.276
84, 74769
95, 32238, 722
297, 16650, 839
246, 327444
1,8672,886
9,6249,133
7272,9482,726
.325
83
12.00
9.3413,9283,512
533
53
3, 329
« 2, 4824,357
106806
7.18
3.500
3.40025, 320
23, 250
56
1.84
502,241
154
2,9471,185
74, 6192,143.315
82, 84172
95, 36737, 537
303, 26050, 220
253, 040372
2,2152,805
8,2229,262
«8982,9263,179
.356
102
12.26
9. 5423, 6773,212
736
4,164
° 2, 7844, 659
1189S3
7.64
« 3. 572
« 3. 55029, 482
62
2.50
682,797
154
2,8461,149
79, 5253,411.460
84, 38773
95, 33536, 625
306, 96948, 304
258, 665548
2,5022,951
9, 63610, 052
« 1, 0332,8912,896
.415
99
12. 65
9.6484, 3963, 942
4, 346
2,8774, 74f,
117
3. 690
3.72633, 910
73
2.91
712, 923
112
2,9151,036
79, 1513,673.505
85, 23973
95, 27337, 188
311,99647, 986
264, 010643
2,6072,893
10, 14610, 309
9762,8173,070
. 4 4 4
# Price converted to short-ton basis.a Revised.• As of Oct. 1./ 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,•[ Data revised for 1932. For revisions of months January to August, inclusive, see p. 56 of this issue.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1933 SURVEY 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
FUELS AND BYPRODUCTS—Continued
PETROLEUM AND PRODUCTS— Con.
Refined products — Continued.Gas and fuel oil— Continued.
Production:Residual fuel oil* thous. of bbL.Gas oil and distillate fuels* 1
thous of bblStocks:
Residual fuel oil, east of California* 1thous. of bbl
Gas oil and distillate? uels, total*thous of bbl .
Gasoline:Consumption f thous. of bbL.Exports thous of bblExports, 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 1 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 f 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 t - 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 Ib .Stocks, refinery, end of month
thous. of Ib .
" I so"'"
.174
.052
726
.048
.183
0
« 17, 544
5,665
« 25, 294
17, 905
° 33, 8282 569
.150
.046
.1250 2, 83630, 908
997
586« 28, 446
2,5811,081
.0483,4496,018
932
.1591, 648
8 182
1°216
292
36,680
a201, 930
' 17, 196
6 382
23, 494
18, 495
° 32, 6802 213
.144
.047
.130
« 2, 96633, 212
975
576« 27, 942
3,115944
.0483,4635,465
1,143
.1081,713
8,289
1°236
248
31, 360
188, 637
« 18, 127
5,582
21, 874
16, 775
« 29, 8952 356
.153
.046
. 130
« 2, 89832, 072
858
478« 28, 406
3,621970
.0483.8014,672
1, 115
.1311,644
8 245
1•182
280
33, 320
180, 441
« 18, 705
5,980
0 19, 838
14, 110
« 27, 1101 830
.151
.037
.125
« 2, 93131, 254
801
449* 31, 329
3,149630
.0484,0974,974
°952
.1331,625
"8 465
1•145
276
35, 000
163, 628
18, 578
6,885
18,911
12, 683
26, 4422 251
.135
.028
.116
2,87630, 508
768
53937, 691
3,656872
.0494,3634,794
859
.1331,827
8 796
3102
272
36, 680
160, 240
17, 156
6 451
18, 069
11,549
23, 3121 729
.135
.026
. 115
2,54327, 676
690
65135, 652
3,274615
.0483,6914,5^4
1, 101
.1191,021
8 812
095
294
28, 000
147, 849
19, 246
6,845
17, 714
11, 557
28, 2271,829
.135
.026
.116
2,77131,577
810
75236, 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
.116
2, 67431, 921
884
81435, 881
2,925691
.0474,0465,230
1,390
. 1161,871
8,330
0152
306
37, 800
124, 927
20, 010
6,108
17, 763
12, 890
33, 9991,955
.145
.026
.108
2,77634,611
969
92633, 757
3,005598
.0454,1465,761
1, 024
.1342,114
8,167
2229
298
40,600
124, 770
20, 556
6,271
17, 374
14, 980
37, 7102 154
.149
.037
.131
2,66935, 428
1,074
87330, 582
3,115349
.0444,1266,404
1,646
.1491, 846
7,734
1247
288
38, 640
112, 614
21,572
7 995
17,941
17, 760
34, 4583 0^9
. 165
.048
2,76936, 576
1,004
95030, 142
2, 041846
. 0444,2727,785
1,630
. 169],965
7 199
1°65
278
36, 120
98, 536
21,049
6 143
18, 693
18, 9-iS
37,426] 550
.165
.041
2,82436> 524
81729, 038
2, 799620
.0444, 1098, 445
1,535
. 1792, 019
7 226
2247
268
40, 320
85, 924
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skins§. .thous. of Ib—Calf and kip skins thous. of Ib..Cattle hides thous. of lb_.Goatskins thous. of lb_.Sheep and lamb skins thous of Ib
Livestock, inspected slaughter:Calves thous. of animals..Cattle.. thous. of animals..Hogs thous. of animalsSheep thous. of animals..
Prices, wholesale:Packers, heavy native steers, Chicago
dolls, per Ib..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 Ib. .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 pairsWork dozen pairs..
36, 3543, 191
17, 4888,2915,083
405821
3,0381,609
.132
. 174
1246, 315
.39
. 349
8,5453,337
9852,1061,011
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
389694
3,6051,601
.073
.082
1305,807
1, 1261,3252,6514,002
.29
.252
294, 668132, 222162. 446
21, 7773,0996,6363,6775 585
376627
3,7781,388
.065
.068
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, 608
111.085
14, 7282,5913,2884,7952 127
345612
4,7001,332
.054
.066
1344 484
8391,2763,4311,897
.25
.235
142, 47653, 15289. 324
12, 9161,9872,5454,2662 688
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
29, 2924,606
10, 4323,7595 909
476717
4,2861,505
.098
.121
1235 192
1,0511,4063 1203 305
.29
.281
251 036121 49489. 382
38,9966,353
14,8877,1847 412
441751
4 6261,490
.122
.153
884 876
1 3841,4893 9253 997
.34
.314
297 697150 455147.242
50, 1036,500
24, 8368,5797 756
401752
3 9141,399
.137
. 174
1756 464
1 3931,4134 1334 2?8
.37
.330
294 481142* 508151.973
50, 8285, 492
26, 3748,7338 320
416840
3 4771,532
.150
. 190
1674 917
1 4351, 5594 6343 932
.40
.348
316 436168 559147. 877
a Revised.* New series. For earlier data see p. 20 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.t Data revised for 1932. For revisions of months January to August, inclusive, see p. 56 of this issue.Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
44 SUEVEY OP CURRENT BUSINESS November 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933_ _ _ _ _ _
January Febru-ary March April May June July August
LEATHER AND PRODUCTS—Continued
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 pairProduction, 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 pairsAll other footwear thous. of pairs
5.40
4.35
3.85p 31, 210
5.75
3.85
3.3533, 8857,8861,846
13, 6443,0234,6882,798
5.75
3.85
3.3533, 0708,0441,997
11,2133,0205,9292,867
5.50
3.85
3.3525, 1496,9171,8105,4702,2846,4052,263
5.50
3.85
3.3020, 0965,3971,5135,9381,9763, 2552,017
5.50
3.85
3.2522,7175,7631,4429,2832,4821,3682,378
5.50
3.85
3.2526, 3846,0921,448
11, 3602,8791,8522,752
5.50
3.85
3.2528, 5766,8371,532
11,6083,0812,3993,119
5.50
3.85
3.2527, 6306,2171,607
10, 7262,9852,5833, 512
5.50
3.85
3.2732, 9658,3621,683
11,9503,2483,5254,197
5.50
3.85
3.3534, 861
9, 0401,932
12, 0613,2264,3404,262
5.15
4.08
3.4533, 6618,3281,993
« 12, 5873,052
°4, 513« 3, 276
5.35
4.23
3.77« 36, 891
9,1372,102
14, 4753,2014,6773, 299
LUMBER AND MANUFACTURES
LUMBER
Exports, all types* M ft.b.rn..Retail movement:
Retail yards, Ninth Fed. Res. Dist.:gales 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..
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..
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 in
Stocks total end of month mill. ft.b.m. _Unso'ld stocks .mill.ft.b.m..
Oak:Orders, unfilled, end of month
mill.ft.b.mStocks 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.m..Unfilled end of month M ft.b.m.-Price wholesale:No 1 common dolls, per M ft.b.m._Flooring, 1x4, "B" and better
dolls, per M ft.b.m..Production^ -M ft.b.m..Shipments^ M ft.b.m..
Hemlock, northern:Production M ft.b.m..Shipments M ft.b.m__
Pine, northern:Orders new M ft.b.m..Production M f t .b .m__Shipments _.. . M ft.b.m..
75, 965
6,86859,031
2,17528, 156
6,34111,3779,3769,563
62, 415
9,57414, 290
27, 51516, 043
16. 91
33.79
2.3559.690
11, 84216, 13912, 925
65, 267
« 5, 997« 57, 141
2,42929, 294
3,1795,1021,5452,402
19, 145
13, 50613, 35911, 08711, 73953, 729
15427568
1352,4172,141
75523448
76634559
93311, 536
21, 03514, 453
153, 543119,074
8.96
20.6096, 244
111,464
9767,097
6,8242,6286,482
79, 639
6,73058, 329
2,41128, 683
1,9204,7931,7182,031
19, 025
10, 37114, 25910, 57410, 65750, 418
11325668
1282,3232,066
65481416
69624554
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
1,3903,9681,6241,902
19, 119
4,24112, 9458,1365,918
53, 138
10124668
1052,2602,015
65460395
61608547
1, 0638,729
19, 08522, 178
94, 90181, 920
8.93
20.8094, 454
105, 645
1,5984,314
6,1391,2966, 298
68, 322
1,91654, 295
1,28128, 105
1,5884,2091,7361,590
19, 413
3,23811, 7665,9264,327
54,752
682624975
2,2171,965
65451386
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
1,1553,4321,3591,496
19, 261
4,16411,5565,5014,433
55, 200
792386086
2,1661,928
52440388
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
1,0833,206
7841,318
18, 712
9,36914, 6365,7846,074
55, 171
902306086
2,1181,888
51425374
73594521
6,6478,892
15, 37917, 865
97, 140109, 674
9.50
21.5897, 587
104, 302
2,3053,109
4,9540
4,379
67, 719
1,95256, 253
1,66227, 031
1,5013,420
7361,246
18, 483
7,61615, 0954,9597,573
52, 130
982266498
2,0581,832
52411358
67584517
7,4328, 941
24, 87834, 425
141, 457107, 883
10. 67
21.30105,645119, 970
2,4435, 176
5,0500
4,966
75, 185
3,67857, 227
2,02628, 029
2,4523,8991,0782,097
17, 238
9,65415, 5687,5539,479
50, 190
14624771
1201,9821,735
59392332
69563494
4,91414, 372
31, 77128, 132
134, 294120, 417
11.02
21.34115,046140, 114
1,7477,555
9, 3521,2468,317
89, 304
5,43058, 122
2,50628,059
3,9425,1411,6502,715
16, 129
22, 64522,41812, 46414,54948, 073
0)0)0)0)0)0)
0)0)0)
(')0)0)3,523
16, 353
35, 79524, 478
229,196195, 175
11.34
22.42137,428149, 962
2,35411,440
13,0117,035
11,984
94, 525.'
7,51560, 199
2,53428, 365
5,1955,5352,8324,384
14, 590
13, 49917,58115, 88817, 72337, 176
233264135229
1,8261,562
68356288
85538453
5,55326, 690
39, 44715, 681
247, 549203, CSO
13. 36
24.59175, 030197, 860
4, 16114, 447
14, 54814, 94215, 069
95, 235
6,68162, 345
2,32629, 034
3,4854,9943,7614,326
14, 228
9,44513, 92417, 69313, 67642, 806
184240169203
1,7891, 548
77427350
83545462
7,38226, 280
32, 96823, 308
154, 439218, 900
16. 20
30.81196, 070184, 879
2,77014, 646
13, 59915, 33514, 733
78, 192
a 6, 498a 60, 344
2,12429, 208
2,6435, 3884,2523,386
17, 171
12, 85814, 56718, 44612, 79360, 946
128208165158
1,7891,581
80453373
71554482
11,37621,814
24, 93316, 408
122, 656105, 645
16. 99
32.62188, 460184, 431
2,73113,526
9, 32316. 27012,829
1 Data for October, December 1932, March, June, and August 1933 are for 5 weeks; other months, 4 weeks.* New series. See p. 20 of November 1932 issue for earlier data.a Revised.§ Data revised for 1932. For revisions for full year 1932 see p. 44 of the June 1933 issue.p Preliminary.1 Data not computed for May 1933.Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1933 SURVEY OF CUREENT 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 1932
Septem- 1 Septem-ber 1 ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
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.mShipments M ft.b m
Redwood, California:Orders:
New M ft.b.mUnfilled M ft.b.m..
Production - M ft.b.mShipments _.. M ft.b.m..
FURNITUREHousehold:
All districts:Plant operations * _. percent of normal
Grand Rapids district:Orders:
Canceled percent of new orders..New no. of days' productionUnfilled, end of
month no. of days' productionOutstanding accounts, end of
month - no. of days' salesPlant operations f percent of normal. .Shipments no. of days' production
Southeastern district:Orders, unfilled, end of
month dolls , average per firmShipments dolls., average per firm
Prices, wholesale:Beds - 1926=100Dining-room chairs, set of 6 1926=100..Kitchen cabinets 1926=100Living-room davenports 1926 = 1 00. .
Steel furniture. (See Iron and Steel Section.)
24, 6865,915
98 42659 Q7635 30
113 504107 926
55.0
5.012
18
2642.0
13
76.191.087.576.7
21, 4605,621
134, 01881, 64517.86
80, 181127 280
15, 86623, 24710, 82911, 921
39.0
7.514
11
2731.0
12
26, 78840, 252
64.489.591.469.8
24, 7816,902
144,31674 958
17 75113 467154 329
15,41522, 79811 10115, 636
44.0
9.011
9
2734.0
12
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
13.0g
7
2533.0
9
11 04232, 549
63.989.591 469.8
24, 4546,787
67, 52944 014
17.3775 16173 690
13 63024, 46012 60310, 989
39.0
18.05
6
2533.0
6
9 29016, 277
63 989.591 469.8
20, 8765,254
95, 68557 377
17 8085 49484 271
12 15118, 82414 31913, 581
33 0
7.09
7
2422.5
6
20 44825 975
62.189.587 573.6
18, 2325,024
75, 57555 41917.06
77 79881 071
11,97318, 30214 60312, 269
27 0
7.06
5
2019.0
7
15 28633 660
62 189.587 573.6
17, 3007,684
113,04463 838
17 4487 401
100 714
13 74417 49312 14714, 207
18 0
13 06
5
1910.0
5
14 29830 388
62 189.574 173.6
21,4274 831
112,85467 414
17 5588 752
110 019
17 96519 1139 804
15, 731
27 0
7 07
5
1914.0
g
17 25935 962
62 189.574 173.6
24, 9797, 5S2
179, 84392, 049
18.56115, 783154 498
29, 83430, 1177,490
18, 249
37.0
8.08
7
1824.0
6
38 60842 895
62 189.574 173.6
21, 1884,560
158, 83388 25522.70
120 613159 210
37 57239 3097 013
27, 838
42 0
3 511
11
1825.0
g
51 10944 313
63 689.574 176.7
29, 5329,015
120, 35281 031
28 57125 935131 646
30 64637 70f>9 497
31,843
59 o
3 015
17
2134.0
10
96 95358 191
66 189.574 176.7
23, 8438,353
117, 53570 74531 85
132 539128 700
24 01730 51115 39030, 818
46 0
3 013
18
2530.0
13
79 83195 772
73 291.085 676.7
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..
Iroii, 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 capacity .Shipments... 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..
108,82355, 706
31.30
2,102136
4,2051,2005,504
33,44928, 415
5, 034
23
22, 74427,078
31.625, 402
48, 215
17.0017.87
19.391,522
36,03829, 241
29.32
81
69719
649172641
32,32427,0835,241
587896
231
10,58210,051
11.69,746
19,20547
13.5014.74
16.39593
41, 22633,706
29.32
73516
614220927
32, 45727, 2345,223
5278
103237
12,85012, 274
14.511,615
20,17049
13.5014.73
16.39645
56,02334,924
29.12
76
40
29957
250
32,08426,8935,191
56
497496
232
14,30413,622
16.012,745
20,86051
13.5014.71
16.39631
64,13929,390
28.93
65
630
000
31,49026,3285,162
60
416664
221
14,50414,128
16.214,366
15,81042
13.5014.69
16.39646
56,72021,892
28.69
57
66114
000
30,81225, 6805,132
61
496267
210
12,64512,638
14.914,315
18,82045
13.5014.68
16.39569
63,93619,748
28.31
65
6347
000
30,15225,0475,105
64
496990
236
11, 27313, 780
16.214,215
18,91045
13,5014.68
16.39554
80, 56722,114
28.35
64
59345
000
29, 55724, 4865,071
476586
246
12,5089,95911.4
11,077
15,58038
13.5014.68
16.39542
100,39528,061
28.16
59
77215
83
28, 84823,8794,969
75
5168
103236
18, 44918, 566
21.817, 261
22, 805
13.5014.75
16.39624
123,16926, 295
28.45
80
1,26621
448353901
28,31423, 4074,907
108
6599
145254
24,67124, 628
29.023,077
33,16063
14.2015.45
16.59887
102, 58134, 368
28.73
95
1,89439
3431,281
27, 47922, 6904,789
143
83122169363
31,99731,118
35.829,268
51, 67590
15.0016.02
17.391,265
88,31152,805
29.81
2,62681
2,483515
3,431
27, 77222,9804,792
162
103141206359
28,45830,865
36.329,155
61,435106
15.5016.70
• 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.
18.591,833
Furniture activity, all districts, not
17.891,792
119,37446,839
30.04
105
2,612159
3,9301,1325,101
30,15625, 2604, 896
28,32331,81136.6
30,195
56,070
16.2017.16
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
46 SURVEY OF CURRENT BUSINESS November 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July i Augus t
i
METALS AND MANUFACTURES—Continued
IRON AND STEELr-ContmuedIron, Manufactured Products
Cast iron boilers and radiators:Boilers, gas-fired:
Production thous of B t uShipments Quantity thous of B t uShipments value dollarsStocks, end of month thous. of B.t.u.-
Boilers, range:Orders:
New number of boilersUnfilled, end of month, total
number of boilers. .Delivery, 30 days or less
number of boilers. .Delivery, more than 30 days
number of boilers ..Production number of boilersShipments . number of boilersStocks, end of month.. number of boilers. .
Boilers, round:
Shipments thous of Ib
Boilers, square:
Shipments thous of IbStock5? end of month thous of Ib
Boiler fittings, cast iron:Production short tonsShipments short tons..
Boiler fittings, malleable:Production _ short tons—Shipments short tons
Radiators:
Shipments thous of SQ ft heatin* surfaceStocks, end of month
Radiators, convection type:New orders:
Heating elements only, without cabinets orgrilles. thous. of sq. ft. heating surfaced—
Heating elements, including cabinets andgrilles. thous. of sq. ft. heating surface*.,
Sanitary WareBathroom accessories: t
Production. number of piecesShipments . _ number of piecesStocks, end of month number of pieces
Plumbing brass. (See Nonferrous metals.)Plumbing and heating equipment, wholesale
price (8 pieces)* dollars-Porcelain enameled flatware:
Orders, new, total— dollarsSigns dollars .Table tops dollars-
Shipments, total dollarsSigns . dollarsTable tops dollars-
Porcelain plumbing fixtures:Orders:
New, net number of pieces--Unfilled, end of month. .number of pieces--
Shipments number of pieces--Stocks, end of month . number of pieces
Vitreous china plumbing fixtures:Orders:
New, net number of piecesUnfilled, end of month— number of pieces--
Shipments number of piecesStocks, end of month number of pieces
Woodwork, plumbers':Orders:
New, net number of piecesUnfilled end of month number of pieces
Shipments number of piecesStocks end of month number of pieces
Steel: Crude and SemimanufacturedBars, steel, cold finished, shipments. short tons..Castings, steel:
Orders, new, total short tonsRailroad specialties -..short tons—Percent of capacity
Production, total ,_ short tonsRailroad specialties short tons,.Percent of capacity
Ingots, steel: §Production thous of long tons
Percent of capacityPrices, wholesale:
Composite, finished steel dolls, per lb._Steel billets, Bessemer (Pittsburgh)
dolls, per long ton..
33, 443
17, 158
15,468
1,69051,46350, 6223 .1,31 2
4, 4304, 575
3, 1472, 667
68
163
227, 363231,814366, 956
215. 02
638, 236233, 255166, 039620, 876203, 417182,013
5, 4527, 2143, 5529, 509
105, 767173, 019164, 566348, 233
35, 468
22,7146, 240
1625, 532
5, 02517
2,31141
. 0220
26. 00
100 73291 46581 844
555, 483
39, 326
6,900
5,290
1,61037, 29739,01124, 359
3 6486* 225
31 963
13 79319 113
118 280
2,4263,461
1,7432,215
2 7515 331
31 270
126
211
240. 584243, 444542, 254
192. 57
412, 119123, 86194,831
453, 808159, 400101, 582
3,6283,9803,021
13, 560
77, 42491, 73894, 983
504, 039
141, 73677 443
134 962118 921
9,572
11,8823,337
811, 3342,520
8
99218
.0216
26. 00
87 77194 74897 193
531, 238
51,073
8,320
6,917
1,40348, 91249, 65323, 618
6 2208 896
29 (517
16 82425* 845
109 730
3,1873,954
2,1282, 027
4 4727 630
28 363
87
180
295, 734316, 157529, 846
193.28
460, 683157, 678123,484461,617146, 812121, 222
2,7883,7472,900
14, 580
86, 72187, 60191, 061
486, 470
94 22678 67094* 3^2
117 633
12, 209
11,8962,998
812, 5312,617
9
1,08719
.0216
26.00
83 73168 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
187, 794192, 849521, 537
192. 43
385, 718172, 93377, 681
404, 273172, 46783, 551
2,5473,4052,799
13, 053
65, 42683, 82666, 437
496, 039
71 41378 15771 926
115 330
11, 934
13, 2352,918
913, 7123,672
9
1, 03218
.0215
26.00
9 20742 91141 3g2
521,374
27, 564
8,073
5,639
2,43429,37527, 58226, 195
1 8933 552
26 863
4 91810 434
101 448
1,7172,165
1,0251,115
3 2363 474
27 838
54
142
165, 401165, 238533, 788
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, 2832,680
913, 8862,721
10
86115
.0214
26.00
64 98942 66238 243
528, 238
35, 774
6,016
3?586
2,43039, 99137, 83128,355
2 0352 102
24* 517
8 1446 410
99' 032
1,4012,319
9951,375
2 5472 001
28 250
70
98
142, 935143, 991531,916
186. 40
236, 23487, 15848,685
249, 817101, 14848, 202
1, 6432,8881,442
13, 343
80, 28379, 90389, 395
506, 126
71 30372 68460 400
112 416
13, 253
12, 9423,088
913, 9512,753
10
1,03018
.0212
26.00
48 45442, 16926 643
559, 851
29, 801
6,247
4,146
2,10127, 04229, 57025, 827
2 2792 133
24 736
7 6025 567
100 585
1,5142,161
1,0881,433
2 9921 634
29 646
33
86
121,070129, 670521,628
182. 80
278, 361102, 21959, 574
271, 694113, 58250, 424
1,4042,8841,399
11,811
77, 53176, 80280, 632
472, 472
70 73772 65770 764
112 457
14, 196
11,8572,489
812, 4382,259
9
1, 08721
.0210
26.00
20 83729 00425 979
554, 391
36, 586
4,967
3,289
1,67838, 49937, 86625, 843
1 8111 772
24 235
6 2114*860
100, 409
1, 5922,228
1,1001,302
2 2311,542
30 417
35
60
149, 477163, 220389, 392
182. 00
344, 763144, 61575, 177
324, 114126, 67172, 983
2,1042,9911,936
11,490
118,69799, 33296, 167
443, 858
77, 78171, 17079, 268
113 953
8,726
11,4582,784
813, 2093,285
9
91016
.0210
26. 00
44 68122, 91820 025
583, 037
39, 436
8,872
7,397
1,47535, 27835, 53125, 590
2 3931,792
24 927
9 6134,465
105, 457
1,5772,322
1,2841,586
3,0021,605
31,992
35
123
142, 164144, 612391,819
182. 03
475, 156195, 358121, 182388, 115148, 793104, 820
1,6982,77fi1,885
11,339
245, 024198, 787145, 569391, 369
97, 85177, 59288, 467
106 715
16, 624
14, 5074,692
1012, 0712,806
8
1,36325
.0206
26.00
70 26588 44453 Q34
549, 059
92, 998
35, 974
34, 335
1,63964, 45765, 89624, 151
3 2422 403
26 063
19 1406 412
111 099
2,9194,191
2, 1402, 827
3 7545t 133
33 512
68
241
186, 896191,857382, 858
183. 93
493, 892217, 81391, 861
504, 576216, 901106, 946
3,0413, 4302,381
11, 345
296, 264307, 118187, 933340,218
169, 543130 715116,420101 774
23, 132
20, 7823,642
1419,0723, 470
13
2,00234
. 0208
26. 00
44 30866, 75749 170
518, 384
57, 549
24, 948
21,863
3,08568, 28468, 57523, 860
3 8704 159
°6 194
13 53010' S98
116,938
4,7065, 464
3.6073,765
4 13$3 346
35 626
95
160
176, 775183, 550379, 683
197. 50
653, 402210, 228191,979556, 300209, 375116,676
3,2464,3622,197
11,184
207, 230319, 503194, 845315,371
32, 774
32, 0266,828
2227, 3004,167
19
2, 59846
. 0209
26.00
M S"70 7875^ 252
495, 150
4i, ( H i
2\~ A
n. v
< * . » •4S 7n_'45 17'-7,447
4 1'bH , 954
2S, j 5
14, sis12, 1.4
122 l,s
4,4176 072
4,1074, 4V (i
*,, 36s3 727
35, j l f
173
235, 443229, 85*384, O6.v>
203. 56
«692, 240236, 173176,416
«643, 164194, 766183, 603
3, 2454, 5372,933
10. 63 ">
133, 608241,362211, 749311. 183
36, 53S
29, 5057, 562
2029. 240
6, 30420
3,20459
.0217
26. 00
i 4 < ^
1 , 'x
" ;1 7
i _ t ' i
< 0, j< -", ~4A 4~1
5 4084, 357^ ->' 4
1 1 }!(!14, * s
i -.1 , 1 " i
i 'J"040
4 4V> s7'
-t 4
) i !7
263, 94*'27' i, »;U1371,407
'J05. 7;
672, C.71236.017218,010698, 452239, 526244, 5SS
4. 240.", 481
a 1^0,379« 231, 81 &
189,923:";}'.". ,"3f
40.312
7, 976
« 31, 157G, 7<"<7
210 901
41:
, 02 1 7
26. Of0 Revised.* New series. For earlier data, see p. 20 of the January 1933 issue (price series). Earlier figure? on convection type radiators not published.§ Series revised for 1932. For revision for full year 1932, see p. 46 of the July 1933 issue.#Inequivalent direct radiation.f Revised series. For earlier data, see p. 20 of the October 1933 issue.Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January |J?yU" March Api
ril May June July j August
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 dolls..Orders, unfilled, end of month
thous. of long tons..
Steel: Manufactured ProductsBarrels, steel:
Orders, unfilled, end of month number--Production number--
Percent of capacityShipments numberStocks, end of month number--
Boilers, steel, new orders:Area - ._ thous. of sq. ftQuantity number of boilers
Furniture, steel:Business group:
Orders:New .thous. of dollsUnfilled, end of month... thous. of dolls..
Shipments thous. of dolls—S helving:
Orders:New thous of dollsUnfilled, end of month thous. of dolls..
Shipments _ thous. of dolls. .Safes:
Orders:New thous. of dollsUnfilled, end of month... thous. of dolls-
Shipments thous of dollsLock 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 tonsUnfilled, end of month short tons
Production, total short tonsPercent of capacity.
Shipments — ..short tons—Stocks, end of month, total short tons
Unsold stocks short tonsStructural steel, fabricated:
Orders, new.. _ short tonsPercent of capacity ._
Shipments.— short tonsPercent of capacity ... .
Tin and terne plate: *Production .. thous. of long tons
Track work, production ...short tons
MACHINERY AND APPARATUSAir-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 dollsUnfilled, end of month thous. of dolls..
Shipments thous. of dolls..Electrical equipment. (See Nonferrous met-
als.)Electric hoists:
Orders, new:Quantity no. of hoistsValue dollars-
Shipments .dollars..Exports, machinery. (See Foreign Trade.)Foundry equipment:
Orders:New to 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 burnersStocks, end of month no. of burners--
Pulverized fuel equipment:Orders, new, central system:
Furnaces and kilns.. .no. of pulverizers ..Water-tube boilers no. of pulverizers..
Orders, new, unit system:Fire-tube boilers no. of pulverizers..Furnaces and kilns. ..no. of pulverizers ..Water-tube boilers no. of pulverizers. _
.01619.84
1,776
539, 846519, 191
38 3524, 71933, 178
428447
869819734
142200164
93192126122
15, 6371 008
145 320194, 223180 304
55 5163, 634115 18353 617
1953 845
87394
491287
7730393
11,3593,066
11 3938,235
00
22
23
.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
67414
61
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
9420010862
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
1,968
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
00
008
.01605.25
* 3, 828
1,968
330, 359300, 570
21.6307, 37227, 160
156215
589551611
153142135
10216911665
9,5103,154
76,96284,39077,48922.7
67, 41294, 65867, 413
145, 60036
68,80017
801,845
55493230231
1222029
4618, 79222, 102
18.613.324.7
3,371779
3,0747,812
00
000
.01605.25
1,899
275, 354292, 201
21.0292,60926, 752
218197
552521583
106127121
841718282
11,1281,501
75,61577,50985,33725.9
79,23494, 78354, 831
851,984
41162209141
1317744
68.458.523.2
1, 694646
1,8277,813
00
10
10 i
.01605.25
1,854
453, 083269, 755
19.7272, 43224, 075
128176
449505464
117139104
1121988672
16, 5888,347
80,55083, 76091, 72327.8
72, 772100, 68857, 296
881,822
34541186118
211899
16.160.014.6
1,956311
2,0197, 584
02
2
2
.01605.25
d 3, 795
1,841
610, 737373, 340
27.2371,94525, 470
245193
419442482
142143138
11720910669
8,9031,270
83,29591,99364, 72419.6
74, 88095,60652, 199
822,013
35060187103
3919632
"
9.850.419.7
2,878615
2,5747,162
00
135
.01606.00
1,865
526, 491401, 086
29.2402, 50624, 050
225235
447374405
159168134
8418011790
9,5022,983
118, 594111,311111,942
34.5100, 35391, 85947, 815
941,662
4128023597
392287
19.414.755. 1
2,755526
2,8447, 526
00
013
.01608.45
1,930
614, 214465, 418
33.9467, 69521, 773
396328
544406512
172173167
10019089114
16, 2432,858
144, 192136, 592139, 696
43.1119, 15998, 99151, 295
1451,768
580106308167
3322833
25.616.824.5
3, 562675
3, 4137,815
00
1
.01608.91
4.882
2,107
641,441572, 851
42.0568, 43726, 187
550511
686456636
178182166
118203105168
37, 02020, 894
240, 737229, 436166, 272
51.2152, 953104, 35550, 067
1942,471
802124483195
8126544
45. 524.837.4
4,6941,4803, 8897,632
00
4511
.016010.41
2,020
647, 924555, 404
41.0552, 92328, 668
Gil498
607541523
180206156
129213119156
20, 0586,013
174, 191228, 696188, 143
58.0174,145104,81542, 095
1882,982
794144437
ti 213. k,
159349
48.835.838.3
6, 2121,4876, 2057.487'
00
I9
.010010.45
I-
1,890
534, 549480, 670
35.5470, 63238, 706
984511
837n,S4G93
194222179
120225107152
« 16, 320° 2, 581
158,830212,879203, 893
62.8174,480115,87651,293
2003,425
91382431399
4331966
56. 3
49.7
10.3143, 100\7Q17, 480
04
33
11d Deficit for quarter. ' New series. For earlier data see p. 20 of the December 1932 issue.Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
48 SURVEY OF CURRENT BUSINESS November 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
Septem-ber
1932
Septem-ber October Novem-
ber
1933
Decem-ber January Febru-
ary March April May June July August
METALS AND MANUFACTURES—Continued
MACHINERY AND APPARATUS— Con.
Fuel equipment — Continued.Stokers, mechanical, new orders:
Class 1, residential * number .Class 2, apartment and small com-
mercial * numberClass 3, general commercial and small
commercial heaters * number--Class 4, large commercial: *
NumberHorsepower
Machine tools:Orders:
New 1922-24=100Unfilled, 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 unitsPower units
Oil, grease, and other:Hand operated . units _Power units
Steam, power, and centrifugal:Orders:
New _ thous. of dollsUnfilled, 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 dollsNew thous of dollsUnfilled, end of month thous. of dolls..
Shipments:Quantity machinesValue thous. of dolls..
NONFEREOUS METALS ANDPRODUCTS
MetalsAluminum:
Imports, bauxite long tons..Wholesale prices:
No. 1, virgin, 98-99, N.Y dolls, per l b _ _Scrap, cast, N.Y dolls, per lb_.
Babbitt metal:Production, total thous of lb
For own use thous. of IbSales . thous. o f l b
Copper:Exports, refined§. . __ .short tonsImports, total§ short tons
Ore and blister _ short tonsPrice, 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 tonsStocks, end of month short tons..
Silver. (See Finance.)Tin:
Consumption in manufacture of tin andterneplate * long tons
Deliveries long tonsImports, bars, blocks, etc . -.long tons _Price, Straits, N.Y dolls, perlb..Stocks, end of month:
World, visible supply _ _ _ ..long tons_.United States long tons
Zinc:Ore, Joplin district:
Shipments . short tonsStocks, end of month .short tons,.
Price, slab, prime, western (St. Louis)dolls, per lb._
Production, total (primary) short tons..Retorts in operation, end of mo_ -.number. .Shipments, total... _ ..short tons-.
Domestic short tons..Stocks, refinery, end of month... short tons..
Electrical Equipment
Conduit, nonmetallic, shipments.-thous. of f t_ .Delinquent accounts, electrical trade. (See* Domestic trade.)Furnaces, electric, new orders kilowatts. _
2,084
187
142
17328 742
568643
34, 051396
8513, 683
10, 5881,005
7711,775
609339
6, 084
6309306
238337
16, 262
.2290
.0738
2 419615
1, 804
12, 12717, 40317, 343.0875
26, 3695,333
65.0450
28, 02129, 182
166, 005
5,1055,885.4665
30, 1626 003
28, 95214, 064
. 047033, 31925, 41635, 34735, 34798, 219
1,293
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, 49S27, 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, 415321
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, 51922, 66014, 73114, 691
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
.026719, 55123, 38914, 75514, 755
134, 440
1,622
247
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
.029921, 84822, 37515, 90915, 909
140, 379
846
211
218
8
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, 38525, 378
196, 827
1,4604,5554,274.2715
42, 5412,040
19, 83017, 167
.033021, 50722,40519, 43919, 394
142, 447
1,091
2.157
357
19
42
9323, 212
283323
30, 755496
2,4506,089
32, 849497
5111,126
474215
5,605
3272290
149191
18, 345
.2290
.0548
2,111325
1,786
10, 97611, 1209,889.0670
17, 6732,772
20.0365
19,40528, 197
197, 109
2 2604,8355,725.3591
41, 8833 036
13 86918, 108
.038121, 55623, 56927, 36927, 389
136, 634
2,303
688
488
18
49
18732, 723
404031
39, 291578
2,0386,940
25, 096429
7361,261
597232
6,358
8389341
275316
12,944
.2290
.0675
2,328450
1,878
12, 57512, 30510, 445.0777
17, 5023,807
518.0417
21, 78334, 825
193, 005
3,0206,1456,839.4421
39, 9643,474
20, 45615, 232
.043524, 02724, 40436, 73736, 693
123, 924
2,609
1 357
668
83
81
17041,249
545936
44, 036524
1, 4646,733
20, 702646
7321,475
517197
7,560
5370369
228322
12, 732
.2290
.0663
2,485544
1, 941
12,59214, G4414, 642. 08C4
17, 8772, 908
58.0445
18, 52645, 177
171, 275
2,9206,5408, 449.4638
38, 0434, 549
22, 11114, 621
.048830, 90525, 83645, 68945, 667
109, 140
2,194
783
1,199
98
136
21340, 644
577439
42, 713509
a 1, 1905,197
« 15, 6210774
7861,616
642227
7,563
1333346
219337
8,304
.2290
.0738
2,754694
2,060
12, 95514, 33514, 319.0877
21, 9584,093
674.0450
18, 6110 36, 054
0 160,. 211
3,1108,0209,177.4474
33, 5345,788
26, 60510, 496
.049233, 55027, 22042, 44342, 421
100, 247
2,803
936
* 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.» Revised.Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1S33 SURVEY OF CURRENT BUSINESS
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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
METALS AND MANUFACTURES—Continued
NONFERUOUS METALS ANDPRODUCTS— Continued
Electrical Equipment— ContinuedElectrical goods, new orders f (quarterly)
thous. of dolls,.Laminated phenolic products, shipments
dollars.. .Mica, manufactured:
Orders, unfilled, end ofmonth .. _ . thous. of dolls
Shipments thous. of dollsMotors (direct current):
Billings (shipments) dollarsOrders, new dollars
Panel boards and cabinets, shipmentsthous. of doi's .
Porcelain, electrical, shipments:Special dollarsStandard _ dollars. .
Power cables, shipments... .thous. of f t . -Power switching equipment, new orders:
Indoor dollarsOutdoor dollars
Radiators, convection type. (See Iron and steel.)Reflectors, industrial, sales. _ > „ UP its. .Vacuum cleaners, shipments numberVulcanized fiber:
Consumption, . _ _ ..thous. of IbsShipments thous. of dolls -
Welding sets, new orders:Multiple operator . ....unitsSingle operator , units..
Miscellaneous ProductsBrass and bronze (ingots and billets):
Deliveries . _ _ . . net tonsOrders, unfilled, end of month net tons..
Brass, plumbing:Shipments * number oi pieces
Brass sheets, wholesale price, milldolls, per lb._.
Copper, wire cloth:Orders:
Make and hold-over, end of monththous. of sq. ft..
New ._ thous. of sq. ftUnfilled, end of month thous. of sq. f t_ .
Production .. - thous. of sq. ftShipments thous. of sq. ftStocks, end of month thous. of sq. ft..
Fire-extinguishing equipment. (See auto-mobiles.)
98, 609
585, 454
136106
o3, 04637, 186
313
50., 484.
1,963412
0147
4, 38614, 065
844, 606
. 348
249362657460466680
63, 319
375, 849
4947
160 016137, 704
179
37, 25720, 820
544
20,31645 )39
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
663
1,64616, 648
637, 923
.125
506301115289275800
62, 912
325, 004
4556
186,285133, 950
173
29, 00711, 450
282
1 7, 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
339
1,26115, 934
493 477
.110
487275106241257868
294, 230
2950
136 566168, 266
146
27, 89715, 770
439
25, 09633 784
25, 95230 106
811192
239
1,42114,952
585, 775
.110
518257110220220863
57, 897
311, 439
2848
150, 571141,313
137
38,31117, 188
285
10,81236, 482
25, 38143, 340
874187
157
1,58615,991
563, 671
.110
542317118267265832
391, 055
3453
128, 786118,359
130
25, 72217. 197
288
17, 35674, 979
30, 22337, 934
864206
170
2,27416, 408
664, 573
.115
549281102256238845
560, 582
4276
231, 210158, 094
157
34,81321, 181
246
23,16135,936
32, 14241,661
1,357285
94
3, 80416, 712
1,007,966
.122
543642406294305829
« 79, 856
622, 979
12290
213, 167265, 054
204
43, 73345, 781
412
23, T0650, 527
38, 97044, 531
1, 9G4404
0156
4,97316, 568
1,291,994
.133
510484648458457802
578, 503
148118
219 601376, 758
165
45, 92230, 498
245
26, 00065 354
46, 45335 000
2,032434
2200
5,60115, 657
1,112,013
.140
272379785400477738
608, 788
124130
289 101453, 476
167
59, 12047, 342
344
27, 61365 875
49, 94543 916
1,948446
6143
5, 02714, 664
1,060,739
.147
289491729444492682
PAPER AND PRINTING
WOOD PULPChemical:
Consumption and shipments, total Ifshort tons--
Soda short tons.-Sulphite, total - - short tons
Bleached short tons- .Unbleached short tons_-
Sulphate _. . __ ... _ short tonsImports § short tons..Price, wholesale, sulphite, unbleached
dolls, per 100 Ibs...Production, total t short tons..
Soda - _ .short tons
192, 338
1.79
Sulphite, total short tons--!Bleached short tons...|Unbleached _ . _ _ . .short tons ]
Sulphate short tons- -Stocks, end of month, total short tons..
Soda - short tonsSulphite, total short tons...
Bleached _. . _ short tonsUnbleached short tons
Sulphate _ ._ .._ short tonsOther grades - short tons
Mechanical (ground wood): fConsumption and shipments short tons_-Imports -._ _ . .short tonsProduction ... short tonsStocks, end of month short tons
PAPEKTotal paper, incl. box board and newsprint:
Production t short tonsPercent of capcity.. .. _ _
Shipments 1 short tons. . _Stocks, end of month _ _ , _ short tons
Book paper:Orders, new:
Coated- ..percent of normal production .Uncoated__ percent of normal production _
24,~909~
« 203,808« 23, 821« 93, 532<* 49, 269« 44, 263« 86, 455
78, 095
1.58" 204,185« 23, 186« 93, 486« 50, 906« 42, 580« 87, 513
32, 0202,942
24, 6946,3126,4844,080
304
• 93, 69517, 896
« 78, 56966, 955
« 658,48560
a 683,458381, 665
4355
"230, 602«24, 003
«100, 689«52, 632"48, 057
«105, 910119,612
1.58«229, 875
«24, 645"98, 825"52, 388"46, 437
"106. 40530, 5343,504
22, 3786,1406,1524,252
400
« 96, 62617, 876
"89, 64860, 294
«715, 51362
"737, 154359, 847
4649
«213, 553« 23, 2 18* 96, 683« 49, 535« 47, 148a 93, 652142, 363
1.58«21 1,032« 22, 900« 96, 237* 49, 442« 46, 795« 9 1,895
29, 1483,224
21, 8466, 0745, 7443,644
434
«102, 77224, 956
«102, 29558, 457
"653, 14058
«645, 890366, 685
4153
•'187,038« 19,105•88,111« 45,986« 42,125«79, 822146,289
1.53*186,008« 19, 201« 86,468« 44, 701«41. 767« 80,339
28, 6243,318
20,4645,1665,2683,822
510
« 96,07217,403
« 95,10157, 531
'574, 84452
^567, 875363,962
«207 860a 28 464a qg' 471a 49 902a 48 569a 80 925138, 971
1.53°203 763a 24 762a 96 001a 48 355a 47 646a 83 00054 5362 84046 744°3 11613 6024 510442
o 8() 8608,210
a g6 90552 098
a582 45553
0586, 397349 389
4351
"214 511a 27 751a!04 518a 55 016«49 502a 82 24298, 431
1.53a205 603a 24 738aioi 173a 51 225a 49 948a 79 69250 2062 36843 75820 03814 9963 658422
a 86 4535, 594
a 83 85449* 820
6°8 30858
627, 210
4351
a227 811a 28 252°115 860a gi 842a 54 018°83 69978,921
1.53a219 468a 25 876"108 446a 56 374« 52 072a 85 14647 3522 49240 21015 65214 9904 156'494
a 92 4039, 064
a go 59148 105
671 477
670, 488
4660
«224, 020a 26 758<*107 799a 55 035•52 764o 89, 46362, 409
1.53<*222 536« 25' 928«107 679a 53 484<» 54, 195<J 88 92939 8303 30432 28014 3328 7803 Q90256
»97 3377,949
a 103 00253' 172
741 783
757, 316
4947
"223, 871a 26 764a 97, 924a 52 9470 44, 977« 99, 18382, 176
1.53«241 284« 28, 592°115 644a 49 622" 66, 022"97 04833 1862 92026 59810 7706 7123 216452
«106 39318, 084
al!3 78960 303
710 423
697, 481
5360
a223 989« 20 087a!00 035a 57 383a42 652a!03, 867137, 206
1.55tt248 535«31 508Mil 148a 54 237<»56 911"105 87929 6342 58822 7727 6146* 1804 024'250
«127 74918, 684
<*125 73759 218
882 575
901, 733
5673
267, 43427 329120, 66579 94240, 723119,440178, 577
1.64269 16630, 3651?0 30981 07739, 232118 492
113 21523, 612105 316
923 842
941,341
5259
194, 641
1.75
21,354
* 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,t Revised series. For earlier data see p. 19 of the August 1933 issue. J Series revised. For earlier data see pp. 18, 19, and 20 of this issue.
» Revised.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
50 SURVEY OF CURRENT BUSINESS November 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
PAPER AND PRINTINO— Continued
PAPEE— ContinuedBook paper— Continued.
Orders, unfilled:Coated number of days' production..Uncoated number of days' production .
Production 1 - short tons..Percent of capacity -
Shipments i 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 tonsStocks, 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 1 -. ..short tons _
Percent of capacity
177, SOG179,416183, 97137, 237
134, 306177, 750
40.0072, 90775, 008
19, 152177. 73234,214
Shipments ^[ short tons • -- -Stocks, end of month short tons_.|
Wrapping paper: iProduction 1f short tons..
Shipments' short tons -- -- -Stocks end of month short tons
All other grades:Production 5 -"liort tonsShipments! short tons-Stocks end of month short tons
PAPEE PEODUCTSAbrasive 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 = 100PEINTING
Blank 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 = 100Sales books:
Orders, new thous. of books _Shipments thoas. of books..
61, 6566, 699
818764
552, 004438, 606113, 398
(50, 009824699125
10, 95810. 483
36
" 72, 39251
<* 73, 35176, 814
196, 910
205, 78353, 331
180, 42161.4
188, 10374, 237
174, 756
26, 666
119, 277°150, 612«152, 568"48, 473
127, 425133, 830
51.25"70, 909"73,006
"32,981181,61326, 191
"34, 48253
"35, 45550, 719
«101, 32471
"110,67264, 561
"90, 804•J92, 30180, 818
39, 8976,532
717657
447, 032405,92271,110
115
41, 25280665515166
8,5758,704
44
3 77, 26460
a 80, 53972, 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
"36, 26454
"36, 66549, 940
"115,04777
"126, 15657, 963
-94, 252"98, 14574, 635
42,2975,574
798365
508, 182436, 40671, 776
125
40, 3961,090
91217866
10, 1909,082
35
J 75, 63459
71, 74577, 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, 581171,79828, 758
Q32. 81949
"32, 53050, 156
"99, 58467
"98, 00158, 903
"79, 718"80, 62577, 265
35, 4245,331
656952
409, 736345, 75663, 980
112
38,36470059510567
8,4768,874
34
a "5 39°59
» 74, 63078,294
155, 729
152, 80733, 490
157,35745.7
152, 87476, 173
160,600
24, 370
136, 993138, 682140, 77042, 337
132, 761135, 430
45.0080, 07579,002
21,783172,27224, 171
"28, 38942
"28,51450, 063
"84, 189CT
"82, 37059, 554
"79, 610"78, 14578,095
28, 1256,522
586244
361, 871306, 44755, 424
120
50, 35087570716866
7,6459,068
44
« 77, 09458
"81, 10370, 778
158, 458
157,24536, 030
154, 49748.2
154, 28076, 473
173, 415
26, 481
127, 779140, 539133, 05649, 837
127, 446130, 917
45.0074, 35672, 637
23, 502166, 95424, 601
"32, 94649
"34,49150, 099
"92, 96962
"92, 78357, 240
"58, 835•59, 42371, 297
37, 6484,412
566239
376, 200314, 08462, 116
106
46, 602457390
6766
9,7357,920
43
a 80, 48664
« 78, 79674, 671
i
35
« 79, 68966
« 77, 53777, 210
107, 446124, 788120, 09454,515
116, 30794, 908
45.0067, 66566, 884
23, 363157, 48927, 347
"34, 26253
a34, 63948, 984
"91,41763
"91,69157, 596
"85, 291«84, 52372, 135
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
"37, 45559
"37, 34348, 965
"121,16965
«123, 83556, 307
"65, 852"64, 53574, 912
32, 4126,829
586147
380, 452306, 66773, 785
112
53, 33776662114562
7,3998,048
44
« 76, 18349
« 77, 32675, 820
56
« 79, 79955
a 76, 04880, 900
610
« 89, 65963
« 87, 68783, 327
68
92, 060
97,860 !
i i
113, 139148, 377161, 04037, 232
132,032139, 213
40.0074, 53476, 085
21, 171139, 63727, 066
«32, 84849
«34, 55647, 548
"132,43872
« 136, 80854, 405
"124,6570 130, 391
73, 394
40, 4685,478
657147
460, 970385, 117
75, 853124
46, 50880563716862
9.9028, 570
168, 719170, 047164, 99143, 428
160, 773157, 314
40.0081, 18178, 861
23, 560137, 451
24, 290
"42, 82063
"34, 73749, 176
83-125,409
53, 314
°62, 068"61,88273, 371
53, 1877,675
808660
565, 471463, 567101, 904
95
59, 226530477
5367
10. 3809, 572
152,152171,830171,88943,068
130, 879142, 700
40.0081, 93984, 970
21,964135, 34224, 051
79«50, 29250, 894
"149, 52499
a!63, 57946, 502
"122, 264«119,696
71,591
60, 5498,984
889372
626.415499, 226127, 189
102
82,1565114169563
12,93411,162
167, 303180, 387180, 83641, 963
132,482163, 433
40. 0079, 61682. 145
19,378157, 118
2f.i, 278
52, 537
52, 274
1 52, 334
153, 857
179, 788183,204
59, 7846, 945
9110065
631,484513, 490
! 117^994112
72, 099MO
• 554i 106
63
13, 0781 1. 097
165, S.so"196,036«196, 958
41,826
127, 837151,210
40.00"87, 957"86, 077
21. 407171,01130, 934
67, 4426, 739
90977f)
600,15,481, 396118, 761
94, 2445724918164
13, 36411.950
RUBBER AND RUBBER PRODUCTS
CEUDE ANDJ3CEAP EUBBEECrude:
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 Ion01 tonsStocks, world, end of monthf long tons..
Afloat, total * long tonsFor United States . long tons .
London and Liverpool ..long toas..British Malaya long tonsUnited S latest . long tons .
Reclaimed rubber:Consumption long tonsProduction _. long tons .Stocks, end of month Jong tons..
Scrap rubber:Consumption by reclaimers long tons..
• Revised. { For revised data for year 19'year 1932 see p. 50 of the June 1933 issue.
t Series revised. Earlier data not publishe
31, 047
46, 255
74, 000610, 00092, 15868, 15694. 97287, 000
341, 500
5,8189, 809
10, 473
52 see p. 5
d.
20, 69210, 39929, 280
.03959, 683
599, 76178, 77557, 735
103, 19564, 321
353, 470
4,1385,0439,982
16, 229
0 of May
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
1933 issue. • Ne^
15, 6317,408
32, 016
.03356, 700
621, 07871,14751, 14791,12177, 024
379, 000
3,1355,345
10, 794
19, 512w series.
19, 92810, 37630, 663
.03359, 000
614,85160, 67440, 67489, 26774, 590
385, 354
3,5604,983
10, 733
Earlier d
18, 8259,587
22, 969
.02954,500
618, 29965, 12341, 12392,15371, 677
386, 686
3,2294,303
10, 936
ata not pi
15, 7018,179
28,475
.03056, 900
622, 14260,91436,91494, 65867, 583
395,987
2, 5563,617
10, 227
14, 132
iblished.
22, 81713, 55521, 034
.03655, 000
617, 49065, 43138, 43195, 15166,911
389, 997
3,2614,3409,484
38, 78522, 33726, 736
.04957, 000
620, 58681, 17754, 17798, 60970, 489
370, 311
5,7507,8649,065
§ Data revised fc
44, 65426, 07523, 504
.06162, 000
632, 565106, 51079,510
102,51182, 331
341,213
7,1599,9568,733
27, 800
11932, fo
43, 66024, 75145, 243
.07874, 000
619, 75296, 79471, 79499, 90688, 189
334, 853
7,64211,3269,311
39, 09721,77245, 413
.078« 74, 600«605, 700
91, 35566, 35596, 623
« 85, 573"333, 122
6, 99011, 0059. 924
r revisions for full
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 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
Septem-ber
1933
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
RUBBER AND RUBBER PRODUCTS—Continued
TIRES AND TUBES
Pneumatic 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. oflb._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 pairsTennis ... .. -thous. of pairs..Waterproof thous. of pairs..
Shipments, total thous. of pairs..Tennis thous. of pairs..Waterproof thous. of pairs..
Shipments, domestic, total.. thous. of pairs..Tennis thous. of pairsWaterproof - - .thous. of pairs..
Stocks, total, end of month. .thous. of pairs..Tennis thous. of pairsWaterproof. . thous. of pairs. .
Rubber heels:Production . thous. of pairs. „Shipments, total* thous. of pairs..
Export thous. of pairs..Repair trade thous. of pairsShoe manufacturers . -thous. of pairs..
Stocks end of month thous of pairsRubber soles:
Production thous. of pairsShipments, total* .... .thous. of pairs ..
Export ' thous. of pairsRepair trade - - - -thous. of pairs..Shoe manufactures. thous. of pairs..
Stocks end of month thous. of pairsMechanical rubber goods, shipments:
Total.. thous. of dolls..Belting thous. of dolls. „Hose -. thous. of dolls..Other . . -thous. of dolls.
208
27,94837,371
252*
2,0312,4662,4114,877
g87
24
2,0812,4782,4404,602
8,417
210
31, 57722, 770
4,510301
2,719421
3,7671,1902,5774,6411,2493,3934,5891,2263,363
16, 4834,556
11,928
14, 20518, 000
2975,520
12, 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
3,065383
4 1391,0553,0845,234
6004,6345,189
5714,618
15,3885,010
10, 378
16, 73616, 222
2335,012
10, 97721, 029
5 0814,792
4269
4,5192,168
2, 192481844867
1,8431 3691,3065 964
665
23
1,6041,2631, 2215 330
7,827
170
22,35338, 704
3 890332
2,461307
5,0071,3853,6235,375
4544,9225,330
4224,908
15, 0385,9559,083
14, 16213, 188
1843 9669,038
21 749
4 7804,420
5316
4,0992,559
1,990423709858
1,5861 4551,4056 115
755
24
1,4231,3791,3485 400
5,993
138
6,82725, 759
1 772234707252
4,7821,6033,1794,813
5514,2624,773
1684,254
15, 0167,0168,000
12, 43313, 641
2582,423
10, 96020 337
4 6475,265
6209
5,0502,369
1,992397780816
1,8062 0772,0115 789
677
22
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
2092,4338,694
21, 808
4 2473,777
1275
3,5022,766
2,060382730949
1,8711 8341,7645 902
7g7
21
1,7791,6821,6465 085
7,263
167
7,32716, 330
2 146243616269
3, 2752,1851,0903,5372,2561,2813.5112 2451,267
15,0886,9378,151
13, 03010, 888
2212,9097,758
25 267
4,0083,728
3362
3,3623,121
1,815352633830
1,6301,6741,6165 832
776
21
1,5061,5221,4865,095
6,364
162
8,05820, 997
2,303134953307
3,2812,634
6473,3902,842
5483,3392,800
53914, 9656,7308,235
11, 22210, 761
1702,6777,914
25, 549
3,9593,925
235271
3,4193,302
2,018358802858
2 4992 9232 8745 419
787
20
2,2822 4412,4104 951
10, 460
191
8,03714, 227
2 988241
1,275218
3 1722,636
5363,6723,230
4423,6373,202
43514, 4626,1358,326
10, 35312, 383
2814,4417,661
23, 740
3,1083,256
1266
2,9883,215
2,273371903999
4,1514 1444,0775 408
999
21
3,7603 5713,5305 105
16, 778
247
9,80819, 392
4,891467
2,321365
3,8602,7941,0664,2123,516
6964,1493,470
67914, 1105,4138,697
19, 42720, 484
1826,883
13, 41922, 688
5,2095,482
1335
5,1463,006
2,847521
1,0671,259
4,8805 0444,3205 292
15151420
4,3584,6224,5754 878
19, 553
313
11, 75635, 873
6,139603
3,195310
3,7322,1531,5793, 9253,085
8403,8573,025
83313,9224,4859,437
23, 47927, 717
2847,155
20, 27818, 402
6,0946,786
5395
6,3862,228
3,924865
1,4711,588
4,5714 3984,3245 475
15141321
4,4824,1694,1105,152
18, 709
307
10, 55038, 451
5,992584
3,301255
3,8241,4962,3274,3332,2512,0824,2532, 1812,072
13, 5173,8329,685
21, 49620, 116
2936,184
13, 63819, 861
5,1545,024
4436
4,5842,333
4,1911,1871,4281,575
3,9953 7663 6745 656
16131324
3, 9333 7503, 6855 303
16, 821
260
21, 52541,610
5, 136466
2,791319
5,3191,8983,4215,1261,6403,4875, 0431, 5753,468
13, 1053, 7239,382
22, 63218, 410
2827, 352
10, 77524, 123
5,1774,392
8579
3,8063,011
3,892975
1,2981, 619
STONE, CLAY, AND GLASS PRODUCTS
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 J thous. of brick..
Sand-lime brick:Orders, unfilled, end of mo.._thous. of brickProduction thous. of brickShipments by rail thous. of brickShipments 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._!
9.25
185180
2,778
1.5955,63825.5
6,51721,1996,440
9.25
424180228
3,177
2,2542,523
4551,8085,898
1.3888,21036.9
9,72917,8786,708
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
1.4244,24818.5
2, 83520,2055,995
10.13
2923579
3,061
7,325606110
1,2334,622
1.4262,95812.9
2,50220,6246,092
9.25
3002450
4,81230780
7784,020
1.4362,77713.4
2,27821,1256,422
9.25
3242794
2,975
3,67551115
8613,501
1.4363,68416.1
3,51021,2986,890
9.25
35993
1312,911
2,77549250
7423,003
1.4364,18318.9
4,94920, 5427,146
9.25
350139169
2,860
1,58058872
6063,877
1.4366,26227.4
6,70920,1176,769
* 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.
For machine production of brick see p. 20 of the June 1933 issue.
Series not comparable over 13-month period.
9.25
398157207
2,823
1,31573071
1,2651,936
1.4367,80435.2
7,97919, 9366,840
9.25
408245213
2,797
3,9551,148
15947
2,042
1.5498,60937.6
8,69719, 8486,832
« Revised.
9.25
432256226
2,790
2,08458
1,4193,130
1.5868,22335.9
5,994« 22,078
a 6, 474
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
52 SURVEY OF CURRENT BUSINESS November 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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
STONE, CLAY, AND GLASS PRODUCTS—Continued
GLASSWARE, ETC.
Glass containers:Production.. _ tbous. 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 operation _ .Stocks, end of month .number of turns.,
Plate glass, polished, production^thous. of sq.'ft..
GYPSUM *
Crude (quarterly):Imports short tonsProduction.- short toDsShipments (uiicalcined) short tons..
Calcined (quarterly):Production short tons..
Calcined products (quarterly):Shipments:
Board, plaster (and lath)., thous. of sq. ftBoard, wall thous. of sq. f t ._Cement, Keenes short tons-Plasters, neat, wood fiber, sanded,
gaging, finish, etc short tonsFor pottery, terra cotta, plate glass,
mixing plants, etc _. short tons..Tile, partition thous. of sq. ft..
TEREA COTTA
Orders, new:Quantity... ...short tons..Value thous. of dolls..
2,15867 6
2 5294, 736
9, 316
71705
1,46246.8
°2 066* 5, 298
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 0«337.4
4,919
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
6,472
1,30679
1,58551.8
1,5085,325
1,049
1,280
1,010
1 00635 4
4,397
5,186
29226
1,70449.5
1,6215,406
1,379
1,327
1,008
1,26744.6
4,388
5, 112
o197, 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, 893
1,10567
1,69349 1
1 9695,036
2,241
2,217
1,484
1 42250. 1
4, 413
8,286
1,29772
2,00760 5
2 1294,893
2, 145
2, 324
1,670
2 02771 4
4,091
9,946
74 240369, 010146, 569
297, 033
28 94567, 4383,831
217 274
24, 7951,516
56547
2. 32272 8
9 ]125,103
],331
2,100
1,611
1 58355 8
4,110
11,828
83468
2,49272.3
2 5535. 033
1, 815
2, 168
1 f»47
j 70159 9
4, 038
11,768
18221
TEXTILE PRODUCTS
CLOTHINGHosiery: *
Orders:New thous. of dozen pairsUnfilled, 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 garmentsSeparate trousers thous. of garmentsSuits thous. of garments
Rubber clothing. (See Rubber products.)
COTTON
Consumption f thous. of balesExports:
Quantity, exclusive of lintersthous. of bales..
Value. (See Foreign Trade.)Qinnings (total crop to end of month)
thous. of balesImports thous. of bales..Prices:
To producer . dolls, per lb._Wholesale, middling, N.Y dolls, per l b _ _
Production, crop estimate thous. of balesReceipts into sight § thous. of bales _Stocks, end of month: f
Domestic, total mills and warehousesthous. of bales..
Mills thous. of bales..Warehouses . thous. of bales
World visible supply, total thous. of bales..American cotton ....thous. of bales..
499
869
5,8517
.088
.097• 12, 885
2, 131
8,5351, 1607,3757,9016,385
6 693
4,0435,3465,7608,492
4822,0251 734
a 493
734
a 4, 8367
.072
.077
1,860
« 9, 082« 1,084a 7, 998
8,2516,534
6 582
4,4136,0036,0068,154
6381,9471 565
502
1,008
a 9, 2474
.064
.066
2 970
"11,0921, 267
0 9, 8259,4797,783
5 145
3,6175,6805,6458,070
5541,495
964
a 502
1, 012
0 11, 6359
.059
.062
2,784
« 12. 148« 1. 454
o 10, 69410, 5188,884
4,185
2,8774,6954,7838,251
1721, 1641,077
440
1,040
« 12, 08111
.054
.059/ 13, 002
1,586
11, 8801,530
10, 35010, 5528,878
3 666
3,0064,1973,5169,010
1781,3901,450
« 470
794
"12,41521
.056
.062
1,078
Ml, 520« 1, 49910, 02110, 5498,759
3 860
2,8264,0634,0479,010
2671,4361 850
« 441
557
16
.055
.061
599
MO, 827* 1,449a 9, 37810, 1828,403
5 006
3 1094,4084,7318,776
2161 6761 745
a 495
488
12, 71013
.061
.070
569
a 10, 2441,343
0 8, 9019,7967,977
5 406
3 8924,2634,6038,469
1221 8441 593
a 470
436
7
.061
.069
584
a 9, 523« 1,371
8, 1529,5607,613
7 547
5,8655,5595, 3588.740
1312 1061 599
621
592
9
.082
.086
728
0 8, 715« 1, 392a 7, 323
9,0147,042
8 075
7, 1556,1156,5378,390
3302 4011 807
0 697
615
14
.087
.096
771
« 7, 7080 1, 398"6,310
8, 3416,429
4 684
5, 9395,0755,5567,719
4092,0891 681
a 601
692
17112
.106
.108
761
a 7, 085« 1, 3480 5, 737
7,7135,908
4 028
5, 0484, 5684,5007, 951
5692 1931 832
589
531
1, 39410
.088
.096
782
0,9461,1605, 7867, 2545, 602
0 Revised.• As of Oct. 1.f Final estimate.§ For revisions for crop years 1932 and 1933, see p. 52 of the October 1933 issue, and p. 52 of the September 1933 issue, respectively.# Partly estimated for months of 1933.* New series. For earlier data on gypsum see p. 20 of the January 1933 issue. For hosiery see p. 19 of the April issue, 1933 data partly estimated. Earlier data on
glassware not published.t For revisions for the year ended July 1932 see p. 20 of the February 1933 issue. August 1932 revisions: Consumption, 404; total stocks, 7,657; mills, stocks, 1,088;
warehouses, stocks, 6,569.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1933 SUKVEY 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
Septem-
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary March April May June July August
TEXTILE PRODUCTS—Continued
COTTON MANUFACTURES
Cotton yarn:Carded sales yarn:
Orders unfilled, end of mo thous. of IbProduction (weekly average) thous. of IbStocks, 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) cases-Stocks, end of month (finished goods)
cases..Spindle activity: f
Active spindles thousandsActive spindle hours, total -.mills, of hours. _
Average per spindle in place. hours..Operations percent of capacity
RAYON AND SILKRayon:
Imports thous. of lb_.Price, wholesale, 150 denier, "A" grade,
N.Y dolls, per Ib..Stocks, imported, end of month thous. of Ib
Silk:Deliveries (consumption) balesImports, raw _ _ . . thous. of Ib,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 . . . balesUnited States:
At manufacturers _ . _ _ ._ balesAt warehouses bales..
WOOL
Consumption, grease equivalent. .thous. of lb__Imports, unmanufactured! thous. of lb._Operations, machinery activity:
Combs percent of capacityLooms:
Carpet and rug percent of capacity..Narrow percent of capacityWide .percent of capacity..
Spinning spindles:Woolen percent of capacityWorsted percent of capacity--
Prices, wholesale:Raw, territory, fine, scoured dolls, per Ib...Raw, Ohio and Penn. fleeces— dolls, per lb__Suiting, unfinished worsted, 13 oz. (at mill)
dolls, per yd_.Women's dress goods, French serge, 64" (at
factory) dolls, per yd..Worsted yarn, 2/32s, cross-bred stock, Boston
dolls, per Ib..Receipts at Boston, total thous. of lb__
Domestic thous. of lb__Foreign thous. of Ib..
MISCELLANEOUS PRODUCTS
Burlaps and fibers, imports:Burlaps thous of IbFibers long tons..
.339
.515
13, 7972,442
.067
.080
57, 47192, 301
45, 09253
60,9493.4
26, 775
40, 107
26, 0027,058
22999.6
395
.65
31, 1857,007
1.8891.04
73, 800
50, 46721, 308
108
494873
8269
.82
.39
1.800
1.125
1.2928, 98122, 2046,777
25 09718. 974
35 1082,534
10, 315
.208
.288
25, 2271,155
.041
.047
87, 98859, 040
52, 24757
58, 7882.2
26 496
14, 896a 23 835
a 6, 875218
94 6
502
.60240
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 5922,8859,533
.196
.281
24, 0101,633
.037
.046
87,95666, 633
55, 59462
51, 4061.9
28 081
17, 086a 24 583" 7, 053
2240 96 9
517
.60228
53 7037,331
84 546.861 9
1.673.92
246 450
22 82654, 465
42, 4234,468
100
294366
7373
.47
.22
1.175
.750
.8817, 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, 684a 24 368
6,967221
a 96 8
425
.60225
43 9558 066
76 245.352 2
1.562.92
258 280
24 33657,932
38, 9635,408
82
284259
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, 590a 23 800
6,386203
0 87 1
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
.835,9275,063
864
29 06421. 344
27, 3212,225
11, 612
.168
.270
34, 3322,625
.032
.038
88, 30080, 097
38, 28255
52, 2582.1
25 698
13, 407
°23 754« 6, 791
2170 95 0
221
60242
46 2044 988
89 737.256 8
1.305.90
256 142
23 40669, 747
35, 5105,134
84
233659
5956
.44
.20
1.175
.750
.808,9787,991
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
a 23 6696,286
2020 94 9
351
.60241
32 6653 402
80 636.848 9
1.201.89
239 864
22 07460, 459
33, 2784,864
87
233668
6057
.43
.19
1.175
.750
.809,2818,384
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
15,7680 23, 488"7,050
227°93.8
45
.60257
38, 9344,254
56.636.338.2
1.182.89
237, 236
20 24343, 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
16,1040 23, 422« 6, 570
2120 95.5
8
.50253
41,9105,660
59.242.249.8
1.324.92
234 523
21 15143, 038
28,7016,140
62
252942
5335
.49
.20
1.163
.750
.836,8356,544
291
27 28412. 307
38 3623 0479,927
.216
.306
27, 3844,808
.048
.050
88, 27881, 740
55, 01868
72, 5653.0
34, 684
15, 4180 24, 610« 8, 329
o 269« 112. 4
52
.55249
47, 1516,404
75.446.052.3
1.586.95
224, 425
20 24340, 125
46, 8983,179
107
314666
7772
.63
.29
1.395
.780
.9317, 63017, 415
215
30 19220. 079
39 9743,4697,717
.251
.345
30, 1783,823
.059
.064
100,47975, 395
80, 78284
140, 6328.8
51, 004
30, 5800 25, 550
9,299-300
0 128. 9
366
.60237
53, 6277,732
74.853.062.8
2.155.98
218 923
22 19033, 933
58,68810, 898
134
445387
10092
.70
.32
1.550
.925
1.0954, 51052,9951,515
34 25117.820
.311
.410
28, 7043 088
.067
.077
90, 10672, 909
75, 84776
93, 6604.6
48 389
35, 4330 26 085
8,128263
117 5
828
.60287
44 5978,396
82 953 278 4
2.2731.02
243 529
21 45851, 684
57, 37731, 406
134
465497
10896
.79
.35
1.613
.975
1.1783, 31870, 87612, 442
•}A AQQ
92 8O7
361.548
18 2131 404
.070
.088
75,32982, 943
59, 74154
55, 3572.5
29 843
24, 144
25 8857,942
258106 7
1,126
65410
42 8527 828
1.8811.04
23 09255, 515
55, 69440,060
45C1
87GO
83
.80
.37
1.765
1.065
1.1861, 30345, 59315, 710
Ff) OAQ
9fl £9-*a Revised.t For revisions for the year ended July 1932 see p. 20 of the February 1933 issue. August 1932 revisions, active spindles, 22,045; total spindle hours, 5,530- average per
pindle in place, 174; percent of capacity, 72.1.§ Data for 1932 revision. For revisions for full year 1932 see p. 53 of the June 1933 issue.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
54 SURVEY OF CURRENT BUSINESS
AIEPLANESProduction, total number--
Commercial (licensed) - numberMilitary (deliveries) number..For export number
AUTOMOBILESExports:
Canada:Automobiles, assembled . number. .
Passenger cars numberUnited States:
Autos and parts, value. (See ForeignTrade.)
Automobiles, assembled, total § ..number ..Passenger cars § numberTrucks § . _.. 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 :fShipments:
Motor- vehicle apparatus numberHand types number
Production:Automobiles:
Canada, total -- number _Passenger cars number
United States, total - number _Passenger cars number..Taxicabs - numberTrucks _ . number--
Automobile rims thous. of rims..Registrations, new passenger cars t number..Sales (General Motors Corp.):
To consumers number--To dealers, total number
U.S. dealers number..Shipments, accessories and parts, total t
Jan. 1925=100..Accessories, original equipment
Jan. 1925=100..Accessories 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 numberPercent of total in bad order
Locomotives, railway:Owned:
Tractive power mills, of lb._N umber, total number
Awaiting classified repairs., .number..Percent of total
Installed. . numberRetired number
Passenger cars:On railroads (end of quarter) number
Equipment manufacturing:Freight cars:
Orders, new, placed by railroads cars..Orders, unfilled, total _ cars..
Equipment manufacturers,. cars.Railroad shops cars..
Shipments, total . .. _. cars..Domestic cars..
123662136
2, 1903 , 726
10, 9446,3304,614
1718, 348
5,8084,358
196, 082160, 891
935, 182
701pl41,000
71, 45881, 14867, 733
74
0610112048
194, 3622,047
295, 05614.6
2,38250, 78810, 735
21.553
346
19275
02754222
118582931
1,6541 108
5,6543,0532,601
38, 83721, 55115, 9891,297
18, 677
2614, 453
2,3421 741
84, 15064, 735
1319, 402
19881, 893
34, 69430, 11723, 545
35
22569943
201,5942,141
262, 15312.4
2,44852, 9368,87517.1
31287
49 310
1,2851,275
01,275
11
111482142
2,4162 124
4,2821,7332,549
33, 62417, 64415, 036
943
13, 132
1712, 089
2,9232 361
48, 70235, 102
513, 595
23763, 195
26, 94110, 9245,810
39
26859136
201, 3262,138
268, 17012.7
2,44452,7919,190
17.847
193
02,465
02,465
00
98342044
1,3381 163
3,1151,7621,353
27, 72713, 98112, 834
913
11, 774
1411, 695
2,2041 669
59, 55747,293
23912, 025
45544, 358
12, 7805,7812,405
45
36738631
201, 0552,134
265, 23912.6
2,43952, 6509,31618.0
32173
22,398
02,398
1212
125374939
1,090833
4,9782,7572,221
27. 02514, 09112, 174
760
20, 131
2110, 047
2,1391,561
107, 35385, 858
29121, 204
55945, 683
19, 99253, 94244, 101
51
48547628
200, 5472,127
266, 06612.6
2,43552, 4909,55818.5
36196
48, 988
502,431
502,381
1514
1
87352725
475289
10, 1437,0593,084
31, 28018, 32812, 174
779
30, 134
1410, 749
3,3582,921
130, 044108, 321
521, 718
72779, 821
50, 65382, 11772, 274
51
46468436
200,2502,123
266, 59412.7
2,43252, 40110, 014
19.431
120
32,223
12,222
33
92213041
256169
8,6575,5213,136
29, 18916, 84211,725
621
27, 515
2411,841
3,2983,025
106, 82591, 340
15215,333
58069, 464
42,28059, 61460,212
50
45408434
198, 9972,106
269, 37812.9
2,42852, 23710,290
20.057
221
01,974
01,974
1515
119444530
1,6011,658
8,0566,5282,528
33, 54719, 46413, 335
748
27, 706
2812, 870
6,6326,927
117, 94999, 225
66018, 064
34778, 741
47, 43668, 01845,098
41
33428732
198, 6522,101
274, 36813.2
2,42352, 08110, 545
20.641
197
° 48, 592
61,873
01,873
99
106622717
1,256936
8,3185,6622,656
45,33728,22616, 1071,005
40, 841
3112,415
8,2556,957
180, 667152, 939
41127, 317
898119, 909
71, 59986, 96774, 242
64
5946
10638
198, 1582,095
286, 98713.8
2,42252, 02010, 743
21.244
105
501,561
01,561
00
122663521
2,6902,194
7,5385,0932,445
58, 19337, 47519, 4281,289
55, 006
1816, 401
9,3968,024
218,303184, 644
5433, 605
938160, 242
85, 96998, 20585, 980
71
6456
11850
197, 6642,088
303, 75814.7
2,41051, 65411, 103
21.943
410
81,205
01,205
33
143784817
2,2471,805
7,2354,7572,478
65, 51443,00421, 1821,328
56, 938
2522, 642
7,3236,005
253, 322211, 448
3541, 8391,015
174, 190
101,827113, 70199, 956
81
7399
12950
196, 7332, 077
316, 10715.4
2,40751, 53711,203
22.289
355
47, 060
5001,205
01,205
2
14199
3.5
1,7311,220
9, 128o, 5463, 582
« 65. 15343, 33420, 542
Q 1 O"7?
« 57, 866
2119, 495
6, 5405, 322
233, 088195,019
438, 065
890185, GOO
87, 29b106,91892, 546
76
6883
11947
196, 0592,069
316,43715.4
2,39651,23311, 109
22. 123
322
661,187
0J , 187
165120
] H2.si14
1,7141,233
10, 3086, 5163,792
71,18747,29122, .534
1,360
69,613
" i y21, 183
0, 0794, 919
* 236, 487195,070
0*a 41,343
961178,001
86, 37297, 61484, 504
80
7199
13456
« ll'o, 380« 2, OGO
304, 20214. 9
« 2, 391« 51, 081
11,00021.9
73248
1, 1290
1 , 1 29427
• Revised.§ Data revised for 1932. For revisions for full year 1932 see p. 54 of the June 1933 issue.t Revised series. See p. 19 of the August 1933 issue for earlier data on fire extinguishers and passenger-car registrations
published.p Preliminary.
Earlier data on accessories and parts not
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
November 1933 SURVEY OF CURRENT BUSINESS oo
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
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January Febru-ary
iMarch j April May June July August
TRANSPORTATION EQUIPMENT—Continued
RAILWAY EQUIPMENT— Continued
Equipment manufacturing— Continued.Locomotives, industrial electric (quarterly) :
Shipments, total numberMining use - , number
Locomotives, railway:Orders, new, placed by railroads-number..Orders, unfilled, end of month-
Equipment manufacturers (Census)total. number. _
Domestic, total numberElectric .. . number-Steam number
Railroad shops (A.R.A.). . . numberShipments:
Domestic, total . . number.Electric number..Steam number..
Exports, total § numberElectric§ numberSteam 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 numberExports - .. _ _ number
SHIPBUILDING
United States:Merchant vessels under construction
thous. of gross tonsCompleted during month. .total gross tons..
Steel .. total gross tonsWorld (quarterly):
Launched:Number ships..Tonnage— thous. of gross tons..
Under construction:Number shipsTonnage thous. of gross tons
3838
1
83797811
9
11202
0
6o
51483
2,7871,181
130
757
1212
0
98969514
990220
0470o
1616o
9410, 2739,601
53188
192901
0
86868513
10100
1212o0
oo
31274
8722, 79519, 834
0
78787713
88022o0
oo
1212o
1839, 17936, 733
1414
1
73737213
66066o0
15o0
1313o
187,6985,888
58213
203766
4
71717013
220000
0
0o
2121o
2215, 94413, 741
2
70700823
330220
0
0o
2727o
249,3388,531
1312
0
69696723
220946
44oo
3838o
1441,21337 537
5503
232741
0
68686713
10155o0
oo
12111
122,8851 578
2
70676611
11055o0
0o
2222o
189,4747 246
2626
0
71686621
000
11
4
0
oo
5252o
352,794
35
83°78
209732
11
80
750
1
o0()880
0
44
57o
385, 264
319
0
797775
1
211
1183
0
oo
5151o
365,6731 ggy
CANADIAN STATISTICS
Business indexes: *Physical volume of business 1926 =100..
Industrial production, total 1926=100-Construction 1926=100..Electric power 1926=100-Manufacturing-. 1926=100
Forestry 1926=100-Mining 1926=100-
Distribution 1926=100-Carloadings . 1926=100Exports (volume)... 1926=100..Imports (volume) .1926=100..Trade employment 1926= 100. .
Agricultural marketings 1926 = 100-Grain marketings 1926 =100Livestock marketings 1926=100
Commodity prices:Cost of living indexf 1926=100..Wholesale price index 1926=100-
Employment, total (first of month) .1926 =100-Construction and maintenance ...1926 =100..Manufacturing 1926=100Mining 1926=100-Service 1926=100Trade 1926=100..Transportation 1926=100
Finance:Banking:
Bank debits mills, of dolls..Exchange. (See Finance.)Interest rates 1926= 100—
Commercial failures* number..Life insurance, sales of ordinary life (15 cos.)
thous. of dolls. .Security issues and prices:
New bond issues, total thous. of dolls..Corporation _ thous. of dollsDominion and provincial
thous. of dolls..Municipal .thous. of dollsRailways thous of dolls
Bond yields percent..Common stock prices, total 1926=100—
Banks . 1926=100Industrials ..1926=100..Utilities 1926=100..
90.890.226.9
148.997.088.0
108.292.663.985.870.5
114.8101.1106 278.0
78.268.988.588.486 8
100.4113.8111.882. 5
2,457
95.8
25, 381
4860
0486o
4.5978.474 o
115.150.7
77.171.931.5
128.074.360.589.591.368.164.664.7
114.3189.0213.977.1
«80.465.986.084.483.196.5
119.4113.186.5
2,098
101.9193
25, 207
71, 103180
68, 3502,573o4.8863.076.173.856.9
75.370.430.7
127.870.664.799.388.859.866.467.5
113.783.887.467.4
"79.865.086.784.384 198.2
109.8114.587.2
2,367
98.1199
29, 858
106, 046125
104, 2751,646o4.7054.874.463.149.1
75.871.839.4
134.472.365.886.486.960 147.370.6
111.662.359.574.5
« 79. 964.784.777.981 7
101.2106 5115.484.5
2,466
102.3229
34, 003
45, 094825
35,0009,269o4.9053.469 662.546.6
72.667.719.5
131.370.260. u90.686.158 447.559.8
113.459.156 670.3
"79.564.083.267.680 399.9
103.7117.883.9
2,085
102.7196
33, 483
178o0
1780
4.9251.367 558.445.1
68.162.225.2
131.662.263.480.684.356 156.652.4
111.556.152.571.9
"79.163.978.558.574 496.9
102.2119.678.3
1,969
99.2216
29, 367
19, 9870
19,000987o
4.7651.667 559.644.6
67.060.920.3
136.168 759.894.283.857 949.650.8
110.976.675 979.4
*78.463.677.056.275 094.0
104.2109.475.0
1,830
98.7214
26, 323
425o0
425o4.7347.665 556.338.6
68.462.616.1
134.462.760.791.484.861 851.150.0
110.5129.0140 277 8
"77.864.476.956.575 894.6
102 9107.374 1
1,887
100.0192
29, 763
731625
0106o
4.7947.362 357.338.2
69.865.120.6
134.967.063.781.982.959 447.944.2
110.1104.1109 779 2
"78.165.476.054.776 091.4
102 5107.674 2
1,877
101.3184
29, 770
10, 707o0
10 707o4.8551.959 867.538.5
76.472.714.1
138.977 475.793.486.762 966.654.8
110.395.498 382 5
*77.0«6.977.660.876 889.999 9
108.678 9
2, 650
98.1175
30, 497
11,173485
7,8152 873o4.7063.764 685.847.2
82.279.819.6
149.085 779.295.088.9P« 865.356.7
112.2221.9252 584 8
°77.067.680.767.880 091.4
106 2109.179 0
2,982
97.1158
32, 398
122, 8921 110
117, 4744 308o4.6574.772 7
103.653.8
84.182.634.0
160.788.287.078.388.462 671.559.7
111.9136.3148 .581.2
a 77 270.584.578.283 093.1
111 5111.880 ,5
3,528
96.7142
30, 255
75, 958o
08, 3,50,5 6081 00016383.379 6
118.358.5
89. 889. 525. 5
168. 096 994. 095.790.507 965. 105.0
112.7197. 2224 6
74 5
78.009. 478.188.485 297.4
1 1] 8110.58] 2
2, 649
95. 0
27, 263
94, 790500
80,00014 290
o4. ,5578.7
113.353. 9
• Revised.* New series. For earlier data see p. 18 of the February 1933 issue (business indexes) and p. 20 of the October 1933 issue (commercial failures).5 Data revised for 1932. For revision for full year 1932 see p. 55 of the June 1933 issue.t Data revised for 1932-33. Revisions for 1932: January, 84.8; February, 83.8; March, 83.3; April, 83.1: May, 81.2; June, S0.4; July, 80.1; and August, 80.8.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 SURVEY OF CURRENT BUSINESS November 1933
Monthly statistics through December 1931,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1982 Annual Supplement to the Survey
1933
Septem-ber
1932
Septem-ber October Novem-
berDecem-
ber
1933
January ™yu~ March April May June July August
CANADIAN STATISTICS—Continued
Foreign trade:Exports.. thous. of dolls..Imports _ thous. of dolls..Exports, volume:
Automobiles, (See Transportation Equip.)Newsprint. (See Paper and Paper Prod-
ucts.)Wbeat _ thous. of bu_.Wheat flour... thous. of bbl__Trade with U.S. (See Foreign Trade.)
Railway statistics:Carloadings... thous. of cars..Financial 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__
58,329
19,666553
202
1,489
101195148
42,66534,504
26,874
216
22, 2545,949
3,043
122
1,279
82166101
1,385
57,16037,095
40,192529
212
28,19020,8396,385
2,607
96
1,3907
78189148
1,722
46, 62137,769
27,302577
193
24,27619, 3084,057
2,181
90
.,44814
37
80250119
1,943
43,10928,961
27,736492
153
21,90219, 4341,904
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 i
26,81423,514
10,922333
133
37,16132,851
14,816490
157
16,788 ! 20,61217,881
d 2, 073
1,302
88
1,300
12!
6522036
19,161520
1,712
97
1,3710
8925042
1, 005
20,312 46,10920,457 32,927
4,460 21,465234 565
138 | 161
19, 530 21,44718, 072 19,298
351 1,136
1,413 1, 529
105 100
1, 295 1,3490 0
"12 23
97 116232 279
1, 013 1, 334 ! 1, 186 ! 1, 323 ! 1, 444
«* Deficit. 1 Kevised.
CHANGES IN STATISTICAL SERIES MADE SINCE PUBLICATION OF THE 1932 ANNUAL SUPPLEMENTDATA ADDED IN DECEMBER 1933 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, Maryland, and Massachusetts 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 ISSUEBuilding 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 1933 ISSUE-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 fIndustrial production indexes: Copper (mined),
metals, nonferrous 22Stock indexes, world copper stocks 23Construction volume (A.G.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—Continued
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) 52DATA DROPPED IN JUNE 1933 ISSUE f
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 kilns).. 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.NOTE.—Refer to pp. 4 and 43—Petroleum data for 1932 revised as follows: Crude petroleum production, January, 67,014; February, 62,512; March, 67,456; A.pril, 67,915; May, 68.854; June, 65,144;
July, 66,655; August, 66,568. Crude petroleum stocks, east of California, January, 319,436; February, 319,856; March, 322,884; \pril, 322,532; May, 320,518; June, 316,833;July, 311,966; \ugust, 308,771. Stocks, east of California refineries, January, 35,841; February, 37,232; March, 39,619; \pril, 41,756; May, 44,860; June, 46,871; July, 44,113;August, 42,782. Stocks, east of California, tank farms and pipe lines, January, 283,595; February, 282,624; March, 283,265; \pril, 280,776; May, 275,658; June, 269,962; July,267,853; August, 265,989. Wells completed, January, 642; March, 664; \pril, 792; May, 964. Residual fuel oil, production, January, 20,080; February, 17,810; March,19,558; April, 19,698; May, 19,933; June, 19,090; July, 19,599; August, 17,943. Gas oil and distillate fuels, January, 6,361; February, 5,599. Stocks, residual fuel oil, east
tVUgUal, 4,OU4. vjrasuiiiit/ piuu.u^i/u.'jj. at IOIIJJ.CIICB, «iai-iuaij, u^o^u, A ewiua i j f , uj.,4-xu, iviai^ij, 0^,00^., CX>/I.L.I, «ju,u«yi, ±i*.aj , uo,j.-ju, •> UJ-LO, o<j,ocn, j ui.y, GO,^U<J. vjrasuiiiie, OIUUK.Oend of month at refineries, January, 36,910; February, 41,932; March, 42,654; April, 42,054; May, 40,611; June, 34,400; July, 34,349; August, 32,098. Kerosene consumption,domestic (indicated demand), January, 2,611; February, 2,714; March, 3,066; June, 2,126; August, 2,278. Lubricating oil consumption, domestic (indicated demand),January, 1,414; March, 1,732; April, 1,586; June, 3,053. Asphalt production, January, 135; February, 134; March, 186; April, 217; May, 257; June, 261; July, 240; August,238. oDigitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
INDEX TO MONTHLY BUSINESS STATISTICSPage
Abrasive paper and cloth 50Acceptances, bankers' „ 30Accessories, automobile ; 54Advertising, magazine, newspaper, radio 25,26Africa, United States trade with,. 34Agricultural wages, loans.. 30Air-conditioning equipment 47Air mail , . 26Airplanes , 35, 54Alcohol, denatured, ethyl, methanol 36Aluminum- . _ _ . ._ 48Animal fats, glues, greases „ 36,37Anthracite industry ... 22,29,42Apparel, wearing ,, . 29, 52Argentina, United States trade with; ex-
change; fiaxseed stocks 32,34,37Asia, United States trade with . 34Asphalt. .... . - 43Automobiles...... - 22,27,28,29,54Babbitt metal . . 48Bank suspensions , ,Barley, _. . .. ..Bathroom fixtures.,Beef and veal... . . __Bituminous coal . 22,28,29,42Boiler and boiler fittings . 46Bonds, prices, sales, value, yielde.... 33Book publication . .—.-.„.,.— ... 50Boxes, paper, shipping . 50Brass . "... .. 49Brazil, coffee; exchange; United State® 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 2$
Copper , 48Copper wire cloth 49Copra and coconut oil . . 37Corn ... 39Cost-of-living index ..... ... 23Cotton, raw and manufactures 23,52Cottonseed, cake and meal, oil 3?Crops 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.. 27,28Non manufacturing . 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
Factory operations, proportion of full timeworked
Failures, bank; commercial „Fairchild retail price index .Fares, street railwaysFarm employees ._ „_Form prices, index .Federal Government, finances ...Federal-aid highways ,Federal Reserve banks, condition of .Federal Reserve member bank statistics-___Fertilizer;Fire-extinguishing equipment .Fire losses . . .Fish and nsh oils.... „ „FiaxseedFlooring, oak, maple, beech, and birch.Flour, wheatFood products . 22,23,27,28,29,39Footwear , , _ .Foreign trade, indexes, values ,Foundry eq uipmentFrance, exchange; United States trade with.Freight cars (equipment) , .Freight carloaciings, cars, indexesFreight-car surplus _ _ _ , . _ .Fruits .Fuel equipment .Fuels.. ,Furni t ure . . .Gas, customers, sales, revenues.. _Gas and fuel oils.... ,Gasoline . ....... , . . _General Motors sales .Glass and glassware .. . 22, 27, 28,Gloves and mittens . .Gold . „
! Goods in warehouses ,_ ._ ._j Grains.. 23,24,
Gypsum , ,HardwoodsHeels, rubber .Hides and skins .Hogs... . 40,Hosiery .Hotels.. 28,Housing ,Illinois, employees, factory earnings 28,Imports
Page
28312434282332
25,283030365425
37,41374440
40,4144,51
3447
32,3427,5434,35
3523,3947.4842,4345.47
38
Income-tax receiptsIncorporations, businessIndustrial production, indexes .Installment sales, New England ...Insurance, lifeInterest paymentsInterest rates .Investments, Federal Reserve member banks.Iron, ore; crude; manufactures 22,Italy, exchange; United States trade with..Japan, exchange; United States trade with_.Kerosene .Labor turnover, disputesLamb and muttonLard . ...Lead...Leather 22, 23, 24, 25, 26, 27, 28Leather, artificial .Liberty bonds .Linseed oil, cake, and mealLivestock 23,40,Loans, agricultural, brokers', timeLocomotives „ ,Looms, woolen, activityLubricating oil ,_Lumber 22,23,24,27,28,29,Lumber yards, sales, stocks .Machine activity, cotton, silk, woolMachinery 25,26,27,28,29,34,47,Machine tools, orders, shipmentsMagazine advertisingManufacturingMarketing, agricultural, forest products,Maryland, employment, pay rollsMassachusetts, employment, pay rolls..„Meats.. .Metals 22,23,27,28,29,45,MethanolMexico:
Petroleum production and exportsSilver productionUnited States trade with
Milk.Minerals 22,42Money in circulation .Naval stores „ ,Netherlands, exchange .New Jersey, employment, pay rollsNewsprint .New York, employment, pay rolls, canal
traffic 28New York Stock ExchangeNotes in circulation .Oats .Oceania; United States trade with.. .Ohio employment
42,434354
29,52433226
39,4052445143
41,4352
29,3523,2529,30
343226222731333030
45,4632,3432,34
4329
41,434148
29,43543337
,41,4330
54,555343
,44,454453
,48,4948
25,262223
28,2928,2940,41,46,47
36
42323439
,45,4832
23,3632
28,2950
29,3530,33
30393428
Ohio 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 . 29Nonrnanufacturing 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:
Coat of living, indexes.................. 23Farm, indexes... . ....... ' 23Retail, indexes 24Wholesale, indexes 24World, foodstuffs and raw material...... 24
Printing . . . — 50Production, industrial 22Profits, corporation. ._ ............ 35Pyroxylin products....... .... 38Public finance . : 32Public utilities..* 28,29,34,35,38Pullman Co : 38Pumps... .... _.__.._.-...-_.. . 42Radiators.... ; . .. .- 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... ... 27 ,Mailorder 27
Roofing........... ._ ............. 38Rice i 39,40Rubber, crude; scrap; clothing; footwear;
tires 22,23,24,27,28,29,50,51Rye 40Sanitary ware.. ........... 46Savings deposits . .—.—... 30 .Sheep and lambs. .. ..*... 41.Shoes..... 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 36 ,Sulphuric acid.. '.. , 36Superphosphate .... .- 36Tea. i. 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 State* 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 22,23,53 .Zinc 22,48
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
NOW AVAILABLE
A fund of reliable information for RETAILERSwhich may be used as a guide in their credit operations
RETAIL CREDST SURVEYJANUARY -JUPJE 1933
From the viewpoint of national recovery, such facts as are revealed in thissemiannual survey are vital to our efforts to stabilize business.
An excerpt from an article appearing recently in the "Credit World" attests tothe practical usefulness of these credit surveys:
" Until late years it has been impossible to make anydetailed study of retail credit conditions, due to a lackof widely chosen and representative data from whichto draw accurate conclusions. Opinions formerly rifehave now bowed to factsf provided by the Departmentof Commerce semiannual surveys as authentic sourcesfrom which to gage the true state of affairs. Review-ing these surveys, the National Retail Credit Associa-tion can read its own interpretations of passingchanges."
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DEVELOPMENTS
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Department of Commerce located in important citiesthroughout the country
35 Pages 5 cents per copy
U.S. GOVERNMENT PRINTING OFFICE: 1931
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis