JUNE 1935 SURVEY - Bureau of Economic Analysis · 2011. 10. 20. · June 1935 SURVEY OF CURRENT...

JUNE 1935

SURVEYOF

CURRENT BUSINESS

UNITED STATESDEPARTMENT OF COMMERCEBUREAU OF FOREIGN AND DOMESTIC COMMERCE

WASHINGTON

V O L U M E 1 5 N U M B E R 6

UNITED STATES DEPARTMENT OF COMMERCEDANIEL C. ROPER, Secretary

BUREAU OF FOREIGN AND DOMESTIC COMMERCECLAUDIUS T. MURCHISON, Director

SURVEY OFCURRENT BUSINESS

Prepared in the

DIVISION OF ECONOMIC RESEARCH

H. GORDON HAYES, ChiefM. JOSEPH MEEHAN, Editor

Volume 15 JUNE 1935 Number 6

CONTENTSSUMMARIES AND CHARTS

PageBusiness indicators 2Business situation summarized 3Comparison of principal data, 1931-35 4Commodity prices 5Domestic trade 6Employment 7Finance 8Foreign trade 9Real estate and construction 10Transportation 11Survey of individual industries:

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

STATISTICAL DATA—Continued

SPECIAL ARTICLE

Current trends in the cotton industry 16

STATISTICAL^ DATA

New and revised series:New series: Wholesale price of wheat, No. 1 dark northern Spring

Minneapolis; shipments and stocks of structural clay prod-ucts; and rayon deliveries 19, 20

Revised series: Indexes of department store sales and produc-tion of goat and kid and sheep and lamb leathers. 19, 20

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

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

Metal and manufactures:Iron and steel 46Machinery and apparatus 48Nonferrous metals and products 49

Paper and printing 50Rubber and products 51Stone, clay, and glass products 52Textile products 53Transportation equipment 55

Canadian statistics 56

Weekly business statistics through May 25 21 General index Inside back cover

Subscription price of the S U R V E Y OF C U R R E N T BUSINESS is 31-50 a year. Single-copy price: Monthly, 10 cents; weekly, 5 cent;Foreign subscriptions, 33, including weekly supplements. Make remittances only to

Superintendent of Documents, Washington, D, C.

136341—35 1

SURVEY OF CURRENT BUSINESS June 1935

Business Ind ica tors1923-25 = 100

160

1OO

40

16O

1OO

4O

160

10O

INDUSTRIAL PRODUCTION

TOTAL (Adjusted)*'

m̂ill

FACTORY EMPLOYMENT AND PAYROLLS

EMPLOYMENT (Adjusted^

-PAYROLLS (Unadjusted)

TOTAL FREIGHT CAR LOADINGS

40

200

100

Unadjusted

n i 1 1 I n n 1 1

Adjusted l

l inn

DEPARTMENT STORE SALES

VALUE OF EXPORTS200

1OO

! I I I I | i 1 1 1

*"X-^_

i i ml ii M i

Adjusted

^^^\ M n Ii i M i

-*-\ ^

Min ium

••—

200

10O

BANK DEBITS OUTSIDE NEW YORK CITY

\ ^v~N-v

M 1 1 1 II I I 1 I

1931

^ ^Unodjustec1 1 1 1 1 1 1 1 1 1 i1932

^ —I I 1 I ! 1 1 1 1 1 I

1933

^ ^

1 1 1 !l 1 1 1 1 1 !

1934

\r

1 M t l I I I ) 1 I

1935

160

1OO

INDUSTRIAL PRODUCTION

MANUFACTURESMINERALS (Adjusted)* f (Adjusted)*

AD I

200

1OO

CONSTRUCTION CONTRACTS AWARDED

16O

100

40

160

1OO

4 O 1 1 n 1 1 1 1 1 1 i h

200

too

FREIGHT CAR LOADINGS U C. U

Unadjusted

WHOLESALE PRICES

160

1OO

FEDERAL RESERVE MEMBER BANK LOANS'*

ADJUSTED FOR SEASONAL VARIATION * REPORTING MEMBER BANKS D.D. 83 3Z

June 1935 SURVEY OF CURRENT BUSINESS

Business Situation SummarizedWHILE the trend of business activity has recently

been downward, resistance to the decline has beenevident in many lines with the result that the recessionfrom the spring peak has been moderate. Output ofmanufacturing industries increased by the usual sea-sonal amount during April, although the index ofindustrial production declined because of the sharpdrop in the mineral production index.

Available weekly data for May do not indicate achange in the trend. Automobile output has been cur-tailed; steel ingot production has declined further; cot-ton cloth production has continued near the lower levelreached at the end of April, and lumber production hasbeen reduced by labor difficulties in the Pacific coastarea. Electric power output has shown little changeduring May on a seasonal adjusted basis.

Several important industries reported gains in April.Among these were the automobile, tobacco manufac-turing, leather and shoe, plate glass, cement, and ma-chine tool industries. There was a further substantialdrop in iron and steel production. In the textile indus-try, production of .cotton and silk goods declined asdid rayon shipments, but operations in the woolenindustry continued at a high rate.

Employment increased slightly in April, accordingto the Bureau of Labor Statistics data, due largely tothe seasonal rise in employment in retail stores. Fac-tory employment was the same in April as in March,while pay rolls were slightly larger.

Distribution series, with some important exceptions,have declined since March. The drop in freight-carloadings is explained largely by the curtailment of coalproduction and the decline in miscellaneous freightcarried. The recession in the index of department-store sales followed a rise of about the same propor-tions in March, while the drop in the seasonally ad-justed index of passenger car sales terminated the rapidrise experienced in the first quarter. Rural generalmerchandise sales have continued to improve.

Further gains in residential construction occurredduring April and the first half of May. The value ofall contracts awarded for April was higher than inMarch but was lower than a }^ear ago as the amount ofpublic works contracts declined.

Security prices have improved during May, the stockindex advancing to the highest point in nearly a year.The bond price index has been steady throughout themonth, at the higher level reached in April. New se-curity issues in April, made up largely of bonds issuedfor refunding purposes, were the highest since April1931. During May the volume has not been large.The heavy gold inflow and disbursements by theTreasury have resulted in a further growth of memberbank balances held at the Reserve banks. As of May16, these reserves amounted to $4,822,000,000, aboutdouble the reserve requirements. Member bank creditoutstanding has shown only minor changes in recentweeks.

MONTHLY BUSINESS INDEXES

Year arid month

1929: April .. ...1930: April1931: April ... .1932: April1933: April1934:

April ._MayJuneJuly _August..September _OctoberNovemberDecember..

1935:January ._ _February.MarchApril

Monthly average, Jan-uary through April:

193319341935

Industrial production

Unadjusted i

"3

1 Man

ufa

ctu

res

Min

eral

s

Adjusted »

«

1 Man

ufa

ctu

res

Min

eral

s

Factory em-ployment

and pay rolls

Nu

mb

er o

f em

plo

y-

ees,

ad

just

ed

2

Am

ou

nt o

f pay

roll

s,u

nad

just

ed

Freight-car loadings

Total

Un

adju

sted

i

Ad

just

ed *

Merchan-dise, 1. c. 1.

Un

adju

sted

i

Ad

just

ed »

i Departmentstore sales,

value

Un

adju

sted

i

Ad

just

ed '

Foreigntrade, value,adjusted »

Ex

po

rts

Imp

ort

s

Ban

k

deb

its

ou

tsid

e N

ewY

ork

Cit

y

Co

nst

ruct

ion c

on

tracts

, al

lty

pes

, v

alu

e, a

dju

sted

J

Monthly average, 1923-25 = 100

124107906467

888984737373757477

88919089

648490

128110916368

898983717170737376

87919091

638390

10394837265

818687848387878485

91929079

728688

121104886366

858683767371737486

90898886

122104876165

858683747269727385

90888686

114104918073

908887858082818190

94969787

105.196.180.666. 159.9

82.382.681.579.579.373.976.876.778.9

80.581.982.483.3

60.579.281.8

112.697.774.449.538.8

67.367.164.960.562.258.061.059.563.2

64.169.170.770.8

38.961.768.7

10293775751

606364636367646056

58616259

506160

10897SO5953

626364615959575964

64656561

107101917565

676765646567666562

61636565

646664

10498887363

656565656564636466

65656463

1031101017368

7377705160798283

135

59617179

686668

1101051027464

747774737775737478

74758273

11892603729

504550484948454543

45474846

294847

11888533625

424744433943394741

51484949

274349

| 135.7123.399.572.853.8

72.471.574.870.568.065.373.368.079.6

76.466.880.379.8

54.167.675.8

123101732714

322626272729313131

27282626

174027

Who

lesa

le

pri

ce

ind

ex, 7

84co

mm

od

itie

s

Monthlyaverage,1926=100

95 590.074.865.560.4

73.373.774.674.876.477.676.576.576.9

78.879.579.480.1

66.373.279.5

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


Comparison of Principal Data, 1931-35FIRST 4 MONTHS X///////A REMAINDER OF YEAR

BANK DEBITS OUTSIDE NEW YORK CITY (BILLIONS OF DOLLARS)100 150 2OO 250

Y/////////////////AI I . . —J

'/////////////////7/7/////////////X\ \ \ \ i

CONSTRUCTION CONTRACTS AWARDED — (BILLIONS OF DOLLARS)

STEEL INGOT PRODUCTION (MILLIONS OF TONS)

10 2O 30 40 50

AUTOMOBILE PRODUCTION — (THOUSANDS OF CARS)

FREIGHT CAR LOADINGS — (MILLIONS OF CARS)

10 2O 3O _40

Y///////////////77///////A' ' ' (

D,D. 6333


Commodity PricesWHOLESALE commodity prices, as measured by

the index of the Bureau of Labor Statistics,remained practically unchanged during the 4 weeksended May 18 at the recovery high of approximately80 percent of the 1926 level. The price index of eachof the 10 groups of commodities has changed veryslightly during the past 4 weeks, with the exception ofthe index of food prices which fell from a high of 85.4percent of the 1926 level in the week ended April 27to 83.8 percent in the week ended May 18. Hidesand leather prices advanced one-half point during thisperiod to 88.4 percent of the 1926 prices, the high forthis series since the week ended May 19, 1934. Theindex of this group is currently the highest of the 10group indexes relative to 1926 prices, being 3.1 pointsabove the next highest index, that of metals and metalproducts, and 8.4 points above the combined index.

Retail food prices have changed but little on theaverage during the 4 weeks ended May 7. From April9 to May 7 there was, however, considerable changein the prices of some of the 6 groups that compose theindex. The prices of meats, eggs, and fruits and vege-tables increased, respectively, 2.3, 9, and 1.8 percent,and the prices of dairy products decreased 4.4 percent.The prices of cereals and miscellaneous products were

practically unchanged. The combined index on May7 was 15 percent higher than on May 8, 1934, 33 per-cent higher than on May 15, 1933.

Retail prices of department store articles on May 1were unchanged from the level of the preceding month,according to the Fairchild index. The May 1 quota-tions were 3.5 percent below those of a year ago. Theprices of piece goods declined 1.6 percent from April 1to May 1, but this was offset by slight advances inhome furnishings, men's apparel, and infants' wear.

The cost of living of wage earners, as reported bythe National Industrial Conference Board, rose 1 per-cent during April. The advance was occasioned byincreases in the cost of food and rent. The index iscurrently 6.1 percent higher than a year ago and 16percent higher than in April 1933, the low pointduring the depression.

Farm prices in mid-May were lower than a monthearlier. In April, the Department of Agriculture'sindex recovered the loss of March, advancing to 111percent of the prewar average. Since the middle ofApril, prices of cotton, fruits, poultry products, andcertain grades of livestock have advanced, whilegrains, dairy products, truck crops, and the lowergrades of cattle have declined.

INDEXES OF COMMODITY PRICES

Year and month

1929: April1930: April1931: April1932: April.1933: April .1934:

AprilMayJune__ .JulyAugust - .SeptemberOctoberNovember..December

1935:JanuaryFebruaryMarchApril

Monthly average,January throughApril:

193319341935..-.

Wholesale (Department of Labor)

5iM|® 0•S3flc1

itn

Economic classes

«"S3

1

*£

1s1

23|BiI

Groups and subgroups

«W

1e1

«B'33

•3

I iSs*!ilS3 -2

v

£p

an

1aMa3S3

£

i•d§03

1I^

bfi

72

1•0ac3

*33fe

ua>g

1

1

15

bfiB

||

$I

•a•w0

il* O

&

11s,11

JJ38

Monthly average, 1926=100

95.590.074.865.560.4

73.373.774.674.876.477.676.576.576.9

78.879.579.480.1

60.473.279.5

95.090.778.371.165.7

77.177.878.278.279.280.179.279.379.5

80.881.581.782.3

66.076.881.6

97.089.868.355.550.0

65.165.167.368.371.673.972.172.273.1

76.677.476.677.5

49.565.377.0

94.886.171.559.657.3

73.973.772.972.772.671.871.571.171.0

71.271.771.872.3

56.973.771.8

104.995.870.149.244.5

59.659.663.364.569.873.470.670.872.0

77.679.178.380.4

42.760.278.9

94.384.159.544.544.8

58.863.972.474.886.088.185.087.291.5

88.887.482.887.9

36.662.086.7

98.094.976.361.056.1

66.267.169.870.673.976.174.875.175.3

79.982.781.984.5

55.166.182.3

111.5103.279.959.850.3

57.360.062.263.469.476.670.068.469.0

81.687.991.694.3

50.154.088.9

91.887.875.970.965.3

78.678.978.278.478.378.378.078.078.0

77.777.477.377.2

66.178. 577.4

96.393.581.572.570.2

86.787.387.887.085.885.685.285.085.1

84.985.084.984.6

70.186.584.9

94.791.281.374.471.4

75.575.475.675.475.776.577.176.977.8

79.380.481.581.0

71.475.380.6

81.979.565.470.261.5

71.772.572.873.974.674.674.674.473.7

72.972.573.072.8

63.572.272.8

107.8102.787.575.069.4

88.987.987.186.383.884.183.884.285.1

86.286.085.486.3

68.689.286.0

94.093.587.976.371.5

81.882.082.081.681.881.881.781.381.2

81.280.780.780.7

72.281.280.8

102.395.385.780.376.9

87.989.187.786.886.786.686.386.285.9

85. S85.885.785.9

77.486.985.8

91.684.068.256.151.8

75.373.672.771.570.871.170.369.770.0

70.370.169.469.2

51. 676.369.8

81.981.071.564.757.8

69.569.870.269.970.270.269.770.671.0

70.770.169.268.7

59.368.769.7

Cos

t o

f li

vin

g (N

atio

nal

In

-d

ust

rial

Co

nfe

ren

ce B

oar

d)

Mo.average,

1923 =100

99.197.988.278.871.5

78.478.678.879.179.681.080.980.880.8

81.682.482.483.2

72, 378.282.4

Far

m,

com

bin

ed

ind

ex,

47co

mm

od

itie

s (D

epar

tmen

tof

Ag

ricu

ltu

re)

»

Mo.average,1909 to1914=

100144136976758

8282868796

103102101101

107111108111

5782

109

Retail

*4Q

•*»a&

tlS309

!Mo.

average,1913 =

100

15215112410490

107108109110112117116115114

119122122124

92107122

2-£^3

|1S3££-*-isDeo,193&

(Jan. I,1931) -

100

94.378.269.4

89,488.688.287.987.787.787.487.487.2

86.886.686.386.3

70.089.386.5

i Revised. See p. 20 of the November 1934 issue. * Middle of month. »Index is for 1st of following month.

6 SURVEY OF CURRENT BUSINESS June 1935

Domestic TradeRDTAIL sales during April and the first half of May

were less satisfactory than in March. The ad-justed indexes, which make allowance for the usualseasonal movement and Easter influences where thelatter affect sales, generally turned downward in April.The dollar volume of sales, however, has continuedin excess of a year ago and for individual lines, suchas automobiles, the gains over 1934 have been verysubstantial.

In the general merchandise field, sales in rural areashave recorded further improvement. The Bureau'sindex of rural retail sales, which is based on the mail-order figures of three companies and the sales of a largegroup of chain units operating in small towns and ruralareas, rose to 101 percent of the 1929-31 average inApril, which is the largest volume of sales on a sea-sonally adjusted basis since June 1930. Comparedwith a year ago, sales were up 37 percent; for the 4months they were 21 percent above 1934. The March-April sales gain was largest relatively in the East, theincrease of 11.5 percent for this area comparing witha 7-percent gain for all regions combined. Sales in theSouth were slightly lower than in March, but thisregion reported the largest gain over a year ago, bothfor April and the past 4 months.

The increase in department store sales in April fellshort of the estimated seasonal amount, the adjustedindex dropping back to the approximate level of Jan-uary. Sales were 12 percent higher than in 1934, theincrease being influenced by the late date of Easter

which came in March a year ago, and the additionalworking day this year. After adjustment for thesefactors, sales were about the same as in 1934. Forthe 4 months sales were up 3 percent.

Variety store sales have followed a similar trend,the April drop in the adjusted index canceling the riseof the preceding month. Chain-grocery sales showedabout the usual seasonal rise.

New passenger car sales, adjusted for seasonal varia-tion, declined from 94.5 percent of the 1923-25 averagein March to 78.5 in April. This latter figure was con-siderably higher than in April 1934, and for the 4months of 1935 sales were 52 percent above a year ago.May business has continued relatively high, althoughthe recession as compared with April appears likely toexceed the estimated seasonal drop of about 6 percent.

Advertising effort has expanded during the springby more than usual for this period, thus affordinganother indication of a more aggressive effort to expandbusiness this year. Newspaper linage in April was thelargest for this month since 1931. Other forms ofadvertising have shown a similar trend.

Business failures have again turned downward, fol-lowing the contraseasonal increase in April whenfailures exceeded the total in the comparable period ofthe preceding year for the first time since 1932. Liabil-ities involved in commercial failures in April were lessthan in March and considerably lower than a year ago.The decline in failures during May again brought thetotal below the corresponding 1934 figures.

DOMESTIC TRADE STATISTICS

Year and month

1929: April1930: April ...1931- April1932: April1933: April _1934:

AprilMayJuneJuly . _August..SeptemberOctoberNovember..December...

1935:January. __FebruaryMarchApril

Monthly average, Januarythrough April:

193319341935

Retail trade

Department stores

Sales

Unad-just-ed^

Ad-just-ed '

Stocks 3

Unad-just-ed i

Ad-just-ed2

Monthly average, 1923-25=100

1031101017368

7377705160798283

135

59617179

546668

1101051027464

747774737775737478

74758273

103101877255

686863696167717460

57616566

546462

9997846953

656665646464646564

64646364

Chain-store sales |

Com-binedindex

(18 com-panies) *

Avg. samemo. 1929-

31 = 100

8980

929092939395929394

92%9696

799195

Variety stores

Unad- Ad-just- just-ed i ed J

Monthly aver-age, 1929-31 =

10094.7

101.596.077.377.9

82.590.086.379.779.985.591.392.9

163. 9

67.275. 878.192.9

67.478.278.5

102.399.197.583.577.5

87.290.090.889.590.389.590.091.588.9

90.290.893.090.6

Mail-orderandstore

sales, 2houses

Thou-sands of

dolls.55, 61956, 56152, 07839, 74535, 457

46, 03751,07246, 33037. 38744. 13452. 99764, 13460, 59576,631

41,19441,57354, 76359, 644

29, 05440, 55449, 294

New passen-ger car sales

Unad-just-ed!

Ad-just-ed »

Monthly aver-age, 1929-31 =100

232.7154. 5112. 055.545.5

87.978.184.673.963. 151.947.339.227.7

51. 5

100. 2116.4

33, 556 285.2

154.5103.575.037.530.5

59.055.563.567.056.053,059.063.049.0

75.086. 594.578.5

_

Wholesaletrade

Em-ploy-ment

Payrolls

Monthly aver-age, 1929=100

97.997.186.777.671.5

82.182.882.382.282.583.584.385. 185.0

84.284.684.083.2

72.281.484.0

97.897.583.766.352.4

63.162.662.863.862.763.664.564.264.8

63.964.665. 264.8

54.861.664.6

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

Unad-justed1

Ad-just-ed '

Monthly aver-age, 1923-25=

100107101917565

676765646567666562

61636565

646664

10498887363

656565656564636466

65656463

Commercialfailures

Fail-ures

Num-ber-2,0212,1982,3832,8161,921

1,052977

1,033912929790

1,091923963

1,1841 , 005

9761,115

2,2921,1421,070

Liabil-ities

Thou-sands

of dolls.35, 27049, 05950, 868

101, 06951, 097

25, 78722, 56123, 86819, 32618. 46016, 44019, 96818,35019,911

18, 82418, 73818, 52318, 064

61,06926, 34118,537

Corrected to average daily basis. 2 Adjusted for seasonal variation. 3 End of month. * See note on p. 26 of the Nov. 1934 issue.


EmploymentEMPLOYMENT in manufacturing industries re-

mained unchanged from March to April, accordingto the Bureau of Labor Statistics. April employmentwas also unchanged from a year ago. Pay rolls were0.1 percent higher than in March and 5.2 percenthigher than in 1934. Of the 90 manufacturing indus-tries surveyed, 49 reported gains in employment fromMarch to April and 50 reported increased pay rolls.

As the seasonal adjustment factors for March andApril average about the same, the adjusted employ-ment index changed only fractionally. Seven of thefourteen group indexes declined after adjustment forseasonal variation, while the other seven advanced.

Employment in the durable goods industries in-creased in April for the fifth consecutive month, theincrease over March amounting to 1.1 percent. Ofthe 46 industries of this type, employment increaseswere reported for 30 and decreases for 16. All except1 of the 7 major groups classified as durable goods in-dustries showed increases, and for the first time in 5months the automobile industry failed to contributematerially to this gain.

Among the 44 nondurable goods industries, 19reported increases in employment and 25 decreases.The net decline for the entire group over the monthperiod was 0.8 percent.

Despite the increases in employment in durablegoods industries in recent months, the level of employ-ment in this group remains much lower than in thenondurable goods industries. The April index forthe durable goods industries was 71.6 percent of the

1923-25 average, while the nondurable goods indexstood at 94.

Among the more important industries for whichmore than seasonal gains in employment were re-ported were electric- and steam-car building (13 per-cent) ; engines, turbines, and tractors (7.3 percent); andstoves (6.1 percent). The carpet and rug, and paintand varnish industries reported gains of 5 percent and4.8 percent, respectively, which were counter to theusual seasonal movement. Increases among industriesallied to the building construction industry were moreor less seasonal.

Among important industries showing more thanseasonal declines in employment in April were therubber boot and shoe industry (13 percent), silk andray on (7.2 percent), and woolen and worsted goods (5.9percent). The 7.3 percent decline in employment inthe fertilizer industr}^ was contraseasonal. Despitethe curtailment of operations in the cotton clothindustry, the employment decline was only slightlymore than seasonal.

The quarrying and nonmetallic mining industrymade the largest gain (12 percent) among the 17 non-manufacturing industries surveyed. The gains re-ported for building construction (11 percent), dyeingand cleaning (10 percent), and retail trade (4.2 per-cent) were largely seasonal. The increase in employ-ment in the retail trade field approximated the changefor all industries covered by the monthly survey. Alarge decline in employment was reported for thebituminous coal mining industry.

STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES

Year andmonth

1929: April1930: April1931: April1932: April1933: April1934:

AprilMayJuneJulyAugustSeptember. _OctoberNovember _ _December...

1935:JanuaryFebruaryMarchApril.

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

1933 . _19341935

Factory employmentand pay rolls

Employment

Unad-justed

Ad-justed *

Payrolls

Unad-justed

Monthly average,1923-25=100

105.396.380.766.159.9

82.482.581.178.779.575.878.476.878.0

78.781.282.482.4

60.078.681.2

105.196.180.666.159.9

82.382.681.579.579.373.976.876,778.9

80.581.982.482.3

112.697.7 174.449.538.8

67.3. 67.1

64.960.562.258.061.059. 563.2

64.169.170.770.8

38.961.768.7

Nonmaimlacturmg employment and pay rolls(Department of Labor)

Anthracitemining

rt£ ***££t tolls

Bituminouscoal mining

Em-ploy-ment

Payrolls

Power andlight

Em-ploy-ment

Payrolls

Telephoneand telegraph

Dl™y~- Pa*s «>"*Retail trade

Em- pploy- *3*ment rolls

Monthly average, 1929=100

100.784.185.270.151.6

58.263.857.553.649.556. 958.560.761.6

62.964.451.452.6

54.463.357.8

88.375.075.272.037.4

51.764.053.342.339.747.048.351.252.3

57.564.338.949.9

46.668.352.7

100.294.485.965.563.7

72.276.776.777.077.178.279.379.879.7

80.081.181.674.3

67.675.579.3

89.281.758.633.926.6

51.454.455.149.750.451.457.658.357.0

59.666.167.545.0

32.754.159. 6

95.9100.797.184.876.9

82.483.184.085.085.685.885.885.583.6

82.782. 282.282.6

77.281.982.4

95.5102.697.682.469.4

76.877.677.881.179.979.380.679.678.3

78.078.379.479.0

71.575.278.7

97.898.988.181.272.3

70.270.270.471.071.070.970.369.969.7

70.570.069.869.7

73.570.170.0

98.3 ]103.495.083.467.8

68.871.471.372.374.072.274.972.273.2

73.972.975.373.1

70.869.073.8

97.698.191.378.773.3

82.582.982.679.077.881.782.683.791.1

79.579.280.183.6

71.280.980.6

97.297.987.567.752.0

61.261.561.460.158.460.661.961.966.2

59.759.360.462.5

51.959.760.5

Trade-unionmem-

bers em-ployed

Percentof total

members8879756967

767675727275767573

74767879

667477

Wages

Factory »

Averageweekly

earnings

Averagehourly

earnings

Dollars

28.8227.2523.9317.3315.49

20.9020.8020.7119.9019.5819.5520.0020.1220.74

21.6122.0921.8621.93

15.6220.0221.87

.587

.593

.574

.513

.460

.581

.586

.586

.588

.588

.592

.593

.594

.594

.594

.595

.597

.598

.462

.564

.596

Com-monlabor

Centsper

hour3840353333

434343424141414140

39393940

323039

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


FinanceFINANCIAL markets have improved markedly since

the middle of March, stock market averages risingto the highest level reached in almost a year. Whilethe upward movement has extended to all sections ofthe market, the industrial and public-utility shares havemade the most consistent gains. In the final week ofMay, average prices tended to decline. The move-ment was selective, however, with public utility stocksas a group resisting the downward trend.

The persistence of extremely low interest rates hasbeen one of the factors affecting the quotations forlisted securities since the amount of new capital raisedby publicly offered issues has remained relatively low.During April, the amount of new capital obtained bypublic offerings of securities dropped to $90,000,000after having exceeded $100,000,000 in March. Thetotal volume of refunding issues ($413,299,000) wasthe largest monthly total reported by the Commercialand Financial Chronicle since its compilation wasstarted in 1919. Corporate issues, however, made upless than one-third of the total. During May thevolume of new issues has declined.

On May 15 the payment of one-fourth of 1 percentinterest on time deposits, payable within 6 months fromdate of deposit, was discontinued by the member banksof the New York Clearing House Association. At thesame time, the Association took action whereby savingsbanks no longer receive any interest on either demandor time deposit accounts carried with its members.

With its own refunding operations largely completed,the Treasury has turned to the outstanding guaranteedissues and called for redemption on July 1 the 4-percent

bonds of the Home Owners Loan Corporation. Inexchange therefor, lK-percent 4-year tax-exempt guar-anteed bonds were offered.

The weekly statements of the reporting memberbanks do not reveal any expansion in the volume ofcredit outstanding in the form of loans. The amountof loans reported in the middle of May was below thecorresponding figure in 1934, while "all other" loanswere within $50,000,000 of the low for the year andwere about the same as a }7ear ago.

Conditions in foreign-exchange markets continuedunsettled with the remaining "gold bloc" countriesexperiencing further difficulties. The French franc,the principal gold currency, has been weakened by theflow of capital abroad and domestic hoarding. Themovement of gold to the United States has againassumed large proportions. With the exception ofthe gold imports of January of this year, the Aprilinflow was the largest for any month since March 1934.

In an effort to aid the silver-money countries of theworld, the Treasury has prohibited the importationof foreign silver coins. This was designed to stop theflow to the United States of silver coins which hadbecome more valuable as bullion than as coin and were,therefore, exported to the United States.

One of the major developments of the month affect-ing Government finance was the passage by bothHouses of Congress of the bill providing for the imme-diate payment of the World-War adjusted compensa-tion certificates by an issue of Treasury notes. Thisbill was vetoed by the President on May 20 and theveto was sustained by the Senate on May 23.

FINANCIAL STATISTICS

Tear and month

1929: April1930: April1931: April1932: April1933: April....1934:

April . ..MayJuneJuly...AugustSeptember,OctoberNovemberDecember..

1935:JanuaryFebruaryMarch.April

Bankdebits

outsideNewYorkCity

Reporting memberbanks, Wednesdayclosest to end ofmonth i

Loanson

securi-ties

Allotherloans

In-vest-

ments

FederalReserve

bankcreditout-

stand-ing,

end ofmonth

Totalbank-ers' ac-cept-ancesout-

stand-ing,

end ofmonth

Netgoldim-

portsin-

cludinggoldre-

leasedfromear-

mark 2

Moneyin

circu-lation

Savings deposits

NewYorkState

PostalSav-ings

Millions of dollars26, 77024, 31519, 62014, 36610, 616

14, 27814, 10514, 75413, 91013, 42012,88814, 46513, 40915, 701

15, 06613, 18115, 84915, 746

4,5183,698

3,5773,4763,5293,3583,2473,0473,0513,0173,081

3,0242,9952,9743,112

5,8014,706

4,5594,5504,4854,5154,5554,7474,7564,6884,565

4,5374,6034,6354,584

6,5517,884

9,3269,2800,7239,8899,906

10, 01710, 03010, 05910, 575

10, 68310, 72310, 90010, 993

1,3261,006

9371,8502,459

2, 4852,4632,4722,4622,4642,4642,4552,4532,463

2,4612, 4652,4712,468

1,1111,4141,422

879697

613569534516520539562561543

516493466413

71.766.242.0

-26.3-113. 3

53.634.164.752.936.2

-16.311.1

120.892.2

150.5123.012.3

146.3

4,6794,5184,6475, 4526,137

5, 3665,3555,3415,3505,3555,4275,4735,4945,577

5,4115,4395,4775,500

4,4394,5075,0595,2625,164

5,0975,0905,1345,1145,0545,1455,1285,1195,154

5,1425,1475,1855,158

154170314723

1, 160

1, 197,197,198.190,192,193,199,204

1, 207

1, 2011,2051, 2031,200

Stockprices(421)

Stand-ard

Statis-tics

1926=100186.6181.0109.243.947.5

79.671.873.571.467.867.067.369.469.2

69.767.863.967.5

Bondprices,NewYorkStockEx-

change(do-

mestic)

Dollars96.6997.7795.7079.3180.07

92.5492.3293.1692.0091.1390.0591.2391.6892.57

93.3593.3591.7992. S5

Newcapitalissues

Thous.of dollars662, 453731, 857369, 536

70, 60425, 889

145, 915102, 733122, 606216, 645179, 54843, 375

121, 903107, 036140, 941

92, 09750,011

108, 07989,850

Aver-agedivi-dendper

share(600

com-panies)

Dollars

3.042.491.601.09

1.161.181.191.211.231.231.241.271.27

1.281.291.291.29

Interestrates,com-

mercialpaper

(4-6months)

Percent6

3^-42^-2^3>£-3M2 -mi -1H

%-l%-\

£-1X-iH-iH-l

H-l34

8* 91 cities. ? Net exports indicated by (—}.

June 1935 SURVEY OF CURRENT BUSINESS 9

Foreign TradeIMPORTS exceeded exports during April for the

first time since August 1933. Trade in bothdirections declined during the month, the 4-percentreduction in imports being only slightly more than theusual seasonal recession while the 11 percent drop inexports was about double the estimated seasonal de-cline. The drop in exports extended to all groups,although it was somewhat larger relatively in agricul-tural products than in nonagricultural commodities.

Tobacco exports in April were the smallest in quan-tity for any month since 1918. Other agricultural ex-ports such as meats, lard, and fruits, as well as refinedsugar also dropped to decidedly lower levels duringApril. On the other hand, the marked recession in rawcotton which was a feature of the exports in otherrecent months was checked; the quantity exported inApril was approximately the same as in March.

Among the nonagricultural commodities, exports ofautomobiles, iron and steel-mill products, gasoline,chemicals and related products, machinery, lumber,and manufactures of wood, cotton, paper, and rubberall showed declines in comparison with the precedingmonth. Exports of only a few leading commodities,including crude petroleum, copper, and electric refri-gerators were considerably larger, the exports of thelast-named article being the highest on record.

For the 4 months ending April the value of finishedmanufactures increased 13 percent, in comparison withthe similar period of 1934. Exports of agricultural

commodities declined and the value of total exportswas 2 percent smaller. Exports of semimanufacturesand finished manufactures increased approximately4 and 13 percent, respectively, in quantity during theJanuary-April period, in comparison with 1934, whilecrude materials, crude foodstuffs, and manufacturedfoodstuffs showed declines of 25, 49, and 32 percent,respectively.

The decline in the value of imports in April was dueprimarily to smaller purchases of leading raw materialsand foodstuffs, and to a recession in imports of someof the competitive agricultural products; principallycorn, oats, rye, sunflower-seed oil, cottonseed oil, andflaxseed. Imports of butter and barley rose sharply,the April figures being slightly larger than the totalsfor the entire first quarter of 1935.

Changes in import trade during April did not alterthe general trends indicated by the first quarter'sfigures. The quantity of imports for consumption forthe elapsed 4 months of 1935 increased about 17 per-cent in comparison with the same period of 1934, whilethe increase in value was 21 percent. Agriculturalproducts have shown the most noteworthy expansion inquantity. Imports of alcoholic beverages, which be-came an important factor in the import trade during1934, immediately after the reopening of the Americanmarket to foreign wines and liquors, was approxi-mately one-fourth smaller in value in the period Janu-ary-April 1935 than in the same period of 1934.

EXPORTS AND IMPORTS

Tear and month

1929- April1930: April1931: April1932- April1933: April1934:

AprilMayJuneJulyAugustSeptember _ .OctoberNovemberDecember

1935:JanuaryFebruaryMarch.April

Cumulative, Januarythrough April:

193319341935

Ind

Valueof

totalex-

ports,ad-

justed i

exes

Valueof

totalim-

ports,ad-

justed!

Monthly aver-age, 1923-25=100

11892603729

504550484948454543

45474846

329348347

11888533625

424744433943394741

51484949

327343349

Ex-ports,in-

clud-ing

reex-ports

Exports of United States merchandise

Total

i

Crudematerials

|

TotalRawcot-ton

Foodstuffs

Total

Fruitsandprep-ara-tions

Semi-man -ufac-tures

Finishedmanufactures

TotalMa-

chin-ery

Auto-mo-biles,parts,and

acces-sories

Imports J

TotalCrudema-

terialsFood-stuffs

Semi-man-'ufac-tures

Fin-ishedman-ufac-tures

Millions of dollars

425.3331.7215. 1135. 1105.2

179.4160.2170.6161.8172.0191.7206.4194.9170.7

176. 2163.0185.0164.4

435.3705.4688.6

418.1326.5210.1132.3103.3

176.5157.2168.0159.2169.8189.2203.6192.3168.5

173.6160.3182.0160.7

427.5693.2676.6

71.352.440.234.028.6

45.938.047.037.239.766.482.971.754.5

55.845.040.538.2

132.1215. 8179.5

47.531.122.920.716.9

24.517.628.920.317.832.243.439.235.0

32.227.121.821.8

85.3138.4102.8

53.337.128.221.011.3

17.816.814.917.122.120.121.918.515.7

16.316.316.212.9

53.780.261.6

8.64.66.44.02.9

4.43.34.02.97.77.19.05.45.4

5.36.25.44.0

15.325.120.8

65.447.831.118.715.5

29.426.227.928.829.429.728.830.430.3

27.225.530.826.2

61,0110.2109.7

228.1189.3110.658.647.9

83.476.278.176.278.773.070.171.768.0

74.373.694.583.4

180.7287.1325. 7

51.250.831.012.38.8

19.217.018.618.920.218.818.720.619.1

18.218.823.722.8

36.066.583.5

63.935.218.17.97.4

21.520.620.018.415.314.012.411.012.4

17.220.525.022.0

27.266.184.8

410.7307.8185.7126.588.4

141.1146.9135.0124.1117.3149.8137.9149.4126.2

168.6152.3175.4166.2

363.0548.0662.5

146.9105.654.736.221.1

41.042.842.639.134.238.635.140.128.8

43.145.250.445.9

93.0158.5184.6

98.169.751.938.132.8

45.646.339.329.130.857.346.847.847.8

65.851.759.356.1

127.1171.7232.9

82.361.833.418.913.5

26.126.926.827.523.024.226.127.421.0

29.629.035.230.7

58.0104.5124.5

83.470.845.733.320.9

28.430.826.428.529.229.629.934.128.6

30.126.330.533.4

84.8113. 2120.4

Adjusted for seasonal variations.136341—35 2

'l General imports through December 1933; imports for consumption in 1934 and 1935. » Monthly average.


Real Estate and ConstructionEVIDENCES of improved conditions in the real

estate and building field are apparent in severaldirections. The gradual improvement in rents con-tinues and surveys of space occupancies indicate ashrinkage in the number of vacancies. Some improve-ment is also reported in the office building field, al-though the situation here is relatively less favorablethan in the residential field. Government efforts tostimulate the flow of credit in the real estate marketare showing results not only in the availability ofcredit but in the reduction of the costs of financing.Quotations on real estate securities outstanding havemoved upward.

Contracts awarded for residential construction in-creased in April, after adjustment for the usual seasonalvariation, although the actual volume of such workwas still low. The value of April residential contractslet was about twice as large as the corresponding totalin either 1933 or 1934; it was, however, much less thanhalf of the" total for April 1931. The construction ofnew residential buildings showed an even largerincrease over 1934 than the F. W. Dodge statistics forall types of residential work, according to the permitdata, compiled by the Bureau of Labor Statistics,which recorded an increase in value of 123 percent.Additions, alterations, and repair work was valued at47 percent more than in 1934.

With the many uncertainties surrounding the publicutility situation, the relatively small volume of new

construction of this type is readily explainable. Con-tracts let for such work so far during 1935 have beenlittle more than half of the 1934 total. Public worksawards in April were in smaller volume than in Marchbut were equal to the average for the first 4 monthsof the year. Work under the new public works pro-gram has not }ret been started on a broad scale, andhas not influenced the contract totals to an appreciabledegree. Actual construction activity on public worksprojects is higher than a year ago.

The value of nonresidential contracts awards inApril was less than in March but was higher than inApril 1934. Since this classification includes a largevolume of publicly-financed work, the trend is influ-enced to an important degree by the allocation offunds under the public works program.

Suppliers of building materials have enjoyed alarger volume of business this spring than in 1934.The improved trend has been pronounced in linesaffected by residential construction. Cement ship-ments so far this year have been less than a year ago;lumber shipments, on the other hand, are up 25 per-cent over 1934. The improvement has been reflectedin the better financial showing of the leading concernsin the building supply field.

Construction costs have undergone very littlechange so far this year. Rents are increasing slowlyand the disparity between the rise in building costsand rents from the depression lows is still large.

BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE

Year and month

1929: April-1930: April1931: April-1932: April _1933: April1934:

AprilMayJuneJulyAugust ...SeptemberOctoberNovemberDecember __ .. __

1935:January __February _ _MarchApril

Monthly average, January throughApril:

1933 _1934__1935

Construction contracts awarded

F. R. B.indexad-

justed i

Monthlyaverage,1923-25=

100

.123101732714

322626272729313131

27282626

174027

AH types ofconstruction

Num-ber ofproj-ects

19, 94814, 68611, 8887,6537,254

8,1149,1538,3687,1827, 6257,666

10,0137,5055,771

6,4586, 1358,929

10,570

5,3107,3198,023

Mil-lions ofdollars

64248333712257

13113412712012011013511293

10075

123124

63148106

Residentialbuilding

Mil-lions ofsquare

feet

51.725.422.67.25.8

6.06.27.54.85.04.87.05.34.0

5.54.68.8

11.9

4.25.47.7

Mil-lions ofdollars

256.8123.195.928.919.1

22.624.826.619.818.617.926.319.914.6

22. 4IQ.Q32.242.3

14.720.128. 4

Pub-lic

utili-ties

Pub-lic

works

Millions ofdollars

83.237.934.84.92.4

12.45.6

13.17.98.76.5

12.68.5

12.9

8.73.96.57.3

4.412.66.6

108.1128.198.642.411.2

57.561.244.331.241.943.552.643.837. 2

35.723.939.833.2

18.469.833.2

Explo-sives,new

orders

Thou-sands ofpounds

39, 15937, 60930, 66219, 01616, 197

26, 95824, 23124,81223, 38426, 06325, 48926, 89225, 10822, 635

29, 14726, 01918, 54423,202

16, 71427, 19324, 228

Building-materialshipments

Maplefloor-ing

Oakfloor-ing

Thousands offeet, board

measure

6,8214, 0963,2262, 2002,097

4,3034, 5123,5734,4214,2793, 3863,4083, 0052, 603

3, 3022. 8122,9294,148

1, 5394, 0693, 298

45, 50131, 87428, 15512, 5559, 479

9,4769, 8137,9657,7139,0419,003

10, 0959, 5336,964

8, 6769,015

14, 60614,438

6,8909,109

11,684

Ce-ment

Thou-sands ofbarrels

13, 32513, 34011, 1846,5364,949

6,4928,7848,5417,8988,2497,3888,4395,6743,104

2,8462,9524,8776,196

3,3104,4604,218 I

Highwaysunder

construc-tion

(NationalIndus-

trialRecovery

Act)

Thou-sands ofdollars

269, 229288, 460283, 506267, 509231,554203, 027179, 453156, 599147, 807

145, 639155,448170, 756187, 675

230, 646164,880

Con-struc-tion

costs,Eng.

News-Rec-ord 3

Month-ly av-erage,1913 =

100203.4207.1191.6153.1160.2

195.9199.6199.6199.7198.4200.6200.9201.4201.9

198.7196.0194.3194.5

159.1193.8195.9

Long-termreal-estatebondsissued

HomeLoanBank,loansout-

stand-ing

Thousands ofdollars

21,71127, 4357 235

4900

000

40000000

000

568

225

142

30, 540

88, 92286, 84286, 24885, 72385, 51986, 64787, 44687.71487, 258

82, 58577, 14272, 61674,011

16, 5909° 14676,589

1 Based on 3-month moving average and adjusted for seasonal variations. 2 Index is as of 1st of month, May 1,1935,194.1.


TransportationTHE Supreme Court decision declaring the Kailway

Pension Act unconstitutional was the principalevent of the past month affecting the railway industry.This action will have an immediate effect on the finan-cial position of certain roads which had made provisionfor their potential liability under the act. TheAssociation of American Railroads estimates that thedecision relieved the railroads of the payment of$60,000,000 this year and increasing amounts whichwould be required under the act in succeeding years.This sum would be in addition to what is being paidvoluntarily under prevailing pension arrangements.In 1934, the railroads expended $35,000,000 forpension purposes.

Relief from the pension obligation, together withthe freight rate increases wiiich were granted by theInterstate Commerce Commission and which wentinto effect in April, should tend to strengthen thefinancial position of the industry which is still con-tending with a low volume of traffic. While there hasbeen some improvement in passenger business so farduring 1935, the volume of freight traffic has beenbelow a year ago. As a result of this trend and thehigher operating costs, net revenue from raihvayoperations has been less than in 1934. During thefirst quarter, when more than one-third of the roadsfailed to earn fixed charges and taxes, the net railwayoperating income of the class I carriers was 25 percentless than in 1934. A somewhat better financial show-

ing is anticipated for April, but the returns for thismonth will be affected by the contraseasonal drop inloadings.

The decline in loadings in April resulted mainlyfrom the curtailment of coal shipments following theheavy movement in the first quarter when consumerswere stocking coal in preparation for a shut-down ofthe mines on April 1 which did not materialize. Theadjusted indexes of both miscellaneous and 1. c. 1.freight declined, the former showing a decrease of 4.3percent. The movement of grain, grain products,livestock, and ore was higher, after allowance forseasonal changes.

The movement of carloadings during the first 3weeks of May does not indicate any marked change indaily average loadings for that month as comparedwith April; a decline is usual for this period. Loadingsfor the 3 weeks ended May 18 were 5 percent below a3^ear ago.

The delivery of new passenger equipment to variousrailroads throughout the country has focused increas-ing public attention on the efforts to stimulate pas-senger travel. The large railway equipment orders oflast year, however, have not been repeated during1935; new equipment placed on order this year hasmade a relatively small total. Equipment shops,however, are more active than a year ago and bothemployment and pay rolls in the industry are higherthan in 1934.

RAIL AND WATER TRAFFIC

Year and month

1929: April . _.1930: April1931: April1932: April1933: April1934:

AprilMayJune .JulyAugustSeptember..October ._ _NovemberDecember..

1935:JanuaryFebruaryMarchApril

Monthly average, Janu-ary through April:

193319341935

Freight-car loadings

F.B.B. index

«e5OQ

f13

Monthly aver-age, 1923-25 =

10010293775751

606364636367646056

58616259

506160

10897805953

626364615959575964

64656561

1rt6

£6

3Q3

I

1

ia«*g§c73&

Xu

!

"313flrt

14» 2

0

W

|

i Fre

ight-

car

surp

lus

f

Thousands of cars <

997.3913.4757.5557. 3506. 4

585.1610.4615.6586.6605.0628.5632.9588.3518. 4

542.6581.4602.9575.8

486.8582.7577.3

146.1136.3115.591.778.9

101.5106.8100.393.295.9

116.1121.0123.6122.9

137.6143.4136.694.7

100.6132.1128.6

12.130.16.83.73.4

5.86.86.84.44.15.25.65.46.0

7.88.66.75.7

4.88.27.2

69.657.533.319.817.5

24.225.124.620.822.322.022.421.218.3

18.725.125.225.4

15.122.123.7

36.038.837.731.535.9

26.528.134.942.740.134.830.627.825.1

24.025.626.926.9

28.928.925.9

26.725.022.319.316.9

16.316.215.422.230.934.128.522.516.3

14.512.411.612.9

15.615.512.8

265.5250.1225.1186.3161.1

166.0164.9157.7153.2159.6159. 3163.2160.1144.2

144.1152.2160.8161.1

156.6160.9154. 9

27.718.28.63.73.4

7.220.733.131.329.024.417.16.53.1

2.73.23.78.6

2.34.24.5

413.7377.5308.1201.5189.4

237.6241.6242. 7218.7223. 1232. 5244.5221. 3182.5

193. 2210. 9231.4240.2

162.9210. 7220. 0

221428603728619

368355338348359318328381392

342320300310

661384318

| E

r P

ull

man

pas

seng

ers

car-

1?

ri

ed

2,5822,4201,9861,286

974

1,2121,1221,3031,2801,4031, 3541,2651,1311,371

1,3981,2041,219

o994» 1, 222« 1,274

Financialstatistics, class

I railroadsIVSM

nts cb«

0

ii011f-Thousands of

dollars

508, 587455, 850365, 419264, 886224, 859

265, 391282, 024282, 779275, 984282, 679275, 511292, 903256, 967257, 506

264, 213254, 940280, 899

^218,937"226,550<?266,684

92, 52660, 90138, 82020, 27319, 351

32, 26539, 49541, 83635, 22139, 67741, 02048, 62531,58338, 738

21, 34925, 72037, 851

a 11, 508a 37, 506» 28, 367

Canal traffic

•83&00+B

I

55OQJg

3

1Thousands of

short tons

4,406410922369696

135,7457,9017,6226,9906,1455,0062,627

300

000

888

60312349250183

140550557519627465726559

0

000

IThous.of long

tons1,1941,120

929620664

1,0381,008

835770976

1,0451,0291,015

885

825708961

643996

1 Daily average basis. 1 Adjusted for seasonal variations. * American vessels, both directions. 4 Average weekly basis. months' average.

12 SURVEY OF CURRENT BUSINESS Juno 1035

Automobiles and RubberAJTOMOBILE production has dropped below

the April peak, following the same seasonalpattern as in 1934. An important factor in the de-cline was the strike in several plants of one of theleading low-priced producers which temporarily cutthe assemblies of this company by about two-thirds.While this dispute was settled rather promptly, thesubsequent expansion of assembly operation has beenslow. Other companies have readjusted their sched-ules downward, including the leading producer whoseoutput has been cut by a change from a 6- to a 5-dayweek. Production for May is estimated by Cram'sat about 425,000 cars and trucks in the United Statesand Canada, compared with 501,837 in April. UnitedStates April production amounted to 477,716 units.

Production has continued through May to exceedlast year's total by a considerable margin. In thefirst 4 months of the year United States productionwas 1,536,066, or 42 percent more than in 1934 and thehighest output since 1929. Recent monthly gainsin production have been slightly in excess of the usualseasonal gains, the adjusted index having advanced6 points from January to April. The significantfactor, however, is the high rate of production ratherthan the moderate change in the adjusted index.

Retail sales of cars have been in relatively largevolume in May, although the spring peak of sales,after allowance for seasonal factors, was reached in

March, Excepting a few makes, dealers have caughtup with accumulated orders carried over into thesecond quarter. With the high rate of new car sales,the disposal of trade-ins has been a problem con-fronting the retail dealers.

The index of domestic sales of new passenger carsin April increased by less than the usual seasonalamount, the adjusted index dropping to 78.5 percentof the 1929-31 average from 94.5 in March. Saleswere, nevertheless, 32 percent higher than a year agoand for the 4 months were up 52 percent. Sales oftrucks have also shown substantial gains over a yearago. Export demand has remained strong.

While rubber manufacturers have benefited fromthe high level of automobile production, conditionsin this industry contrast rather sharply with those inthe automotive field. New equipment sales haverecorded sharp gains, but total sales have been rela-tively low due to the trend of replacement sales. Forthe first quarter, domestic shipments of tires were only5 percent larger than in 1934, despite the 47 percentincrease in automobile production. The quarterlysurvey of April 1 revealed that stocks of tires in thehands of distributors were less than a year ago;stocks in the hands of manufacturers, however, arerelatively high and in excess of last year's total.Some improvement has been reported in the retailprice structure, but conditions are still unsettled.Crude prices have advanced.

AUTOMOBILE AND RUBBER STATISTICS

Year and month

1929: April1930: April1931: April1932: April _ _1933: April1934:

AprilMayJuneJulyAugustSeptember ..October- ._NovemberDecember _

1935:JanuaryFebruary.MarchApril _.

Monthly average, Jan-u a rly t h r o u g hApril:

1933. |1934 ... ;

1935 i

Automobile production

United States

F.a.B.index,ad-

justed^

Month-ly av-erage,1923-

25 = 100

143102773543

8578817861514140 !88

104105 !106110

3873 '

106

TotalPas-sen-gercars

Thousands

| 622444337148176

353! 330

30626523517013283

154

293336430m

331 ;269 !384

536372286121149

2882742612231841258449

111

229276362402 ;

in217 i317

Tari-cabs Trucks

Canada

Total

Automobileexports

Passen-ger Trucks

Newpas-

sengercar

regis-tra-tions

New passenger-car sales

Unad-justed

Ad-justed i

Number Monthly average,1929-31 = 100

1,68648666531

411

10000006

115

(3)(3)(3)(3)

30791

84, 34671, 09250, 02227, 38926, 677

64, 62056, 69145,19741, 83951,31144, 96747, 98834, 46242, 563

63, 58460, 07668, 01876, 088

19, 69852, 54466,942

41, 90124, 25717, 1596,8108,255

18, 36320, 16113, 90511,1149,9045,5793, 7801, 6972,694

1C, 60718, 11421, 97524, 121

5,38612, 00518, 704

47, 73223, 77711, 2294,6695,662

16, 50916, 05818, 07117, 62112, 52210,2368,0409,2088, 279

11,03515, 06720, 98618,341

5, 94311,30216,357

16, 69511,4615, 49S1,6302, 656

10, 7568, 6126,8166,3387,3057,5307,5127,0727, 141

6,5916,7608,8208,092

2,8518,6117,566

481, 750357, 064265, 732121, 093119,972

222, 900219, 163223, 642228, 760193, 828146, 931140, 880107, 64875, 514

136, 635170,615261,477 !

319,652

87,00913,808 !

222,095

I232. 7154. 5112.055. 545.5

87.978. 184.673.9

1 63. 1! 51.9

47.339.227.7

51.5

10*12116,4

33. o56. 285 '

154. 5103.575.037.530.5

59.055.563.567.056.053.059.063 049. 0

75. 086. 594. 57S.5 :

Pneumatictires 2

Pro-duc-tion

Do-mesticship-ments

Thousands

5,9134,5183, 9552. 8132,499

4,6274, 3234,2123,2523,4272,8483,1883,2413,665

4, 4884,2514. 215

5,2423,8863,8042,8862, 874

4,2125,0494,9563,9544,0912,9932,8343, 0262,921

3,4693,1124,000

' 1, 769 ; i 1, 797« 4, 345 -J 3, 372j i 318 ;3.527

Crude rubber

Do-mestic

con-sump-tion,total

Im-ports

Worldstocks,end ofmonth

Long tons

42, 76936, 18630, 65523, 87722, 817

40, 90239, 57136, 62030, 03530, 31227, 31728, 52631, 35832, 996

42, 86438, 86838, 99740, 913

19, 31838, 98540,411

55, 73045, 64844, 90838, 45421, 038

45, 17549, 90148, 74842, 67432, 70032, 01029, 24037,21218, 171

40, 52347, 84446, 64041,458

25, 78642, 934

285, 570419, 288520, 232621, 947617,490

647, 993659, 865660, 699672, 312663, 761668, 814669, 557672, 852670, 000

674, 000665, 656670, 415650, 851

618, 196649. 260665,231

1 Adjusted for seasonal variations 2 See note on p. 51. * Included with passenger cars. See footnote on p. 54. J 3 months' average.


Forest ProductsNEW orders and shipments of lumber improved

during April; in May there was a marked declineinfluenced by the suspension of operations on theWest coast due to the strike. Both orders and ship-ments have exceeded production which was main-tained at a steady pace until the early part of May,The disparity between new orders, shipments, andproduction in the week ended May 18 was large,orders exceeding output by 50 percent and shipmentsexceeding the cut by 25 percent.

For the first 20 weeks of 1935, the industry reportedan increase of more than one-fifth as compared with1934 in both orders and shipments. While it is pos-sible that part of this increase may have resulted fromthe increased stocks at retail yards, there has been asubstantial increase in the consumption of lumber.The only available series of retail dealers' operations—those for the Kansas City and Minneapolis FederalReserve districts—show a decline in stocks as of theend of April in comparison with a year ago.

According to a recent report of the Timber Conser-vation Board, revised lumber consumption for 1934 wasplaced at 15,467,000,000 feet, the highest total since1931. Estimated consumption for the first 6 monthsof 1935 was placed at 8,368,000,000 feet and if theimprovement of the first half of the year continuesthrough the balance of the year, consumption will befrom 10 to 15 percent above 1934.

Although manufacturers' stocks of lumber havedecreased approximately 300,000,000 feet since Janu-ary 1, 1935, the Board recommended a further reduc-tion of 900,000,000 feet. Until a further substantialimprovement in demand occurs, the Board considersit inadvisable to maintain stocks at more than 35percent above the ratio of stocks to consumption in1929. This figure was suggested for the industry as awhole and exception was made for various regions andspecies.

Production in the paper industry during April wasat about the same rate as in March, but operations havereceded slightly during May. During the 4 monthsended April, production was at the rate of 70 percent ofcapacity, or well above the level of a year ago. Bythe week of May 25, production had receded to 67percent of capacity.

Paperboard production during April was about 10percent less than in March, the rate of operationsdropping from 67 to 61 percent of capacity. In themiddle of May the rate dropped temporarily to 59percent. The output of paperboard has continued inexcess of the corresponding period of 1934.

Newsprint production in both the United States andCanada increased in April. For the year to date theoutput of United States and Canadian mills amountedto 1,109,997 tons, the largest production for thisperiod since 1931. Shipments also increased in April.

FOREST PRODUCTS STATISTICS

Year and month

1929: April1930: April1931: April1932: April . _. .1933: April1934:

April...MayJune .July _AugustSeptemberOctoberNovember . _ .December

1935:January. _February.MarchApril

Monthly average Janu-ary through April:

19331934 _1935 .

Lumber production

Total,adjust-

ed i

Month-ly av-erage,

1923-25=100

9478482724

333331293632292629

3330

Doug-las fir

South-ernpine

South-ern

hard-wood

Cali-forniared-wood

Millions of feet, board measure

367329202103115

1531327770

144141129123103

111144145158

103136140

27816510689

117118108999998

1029679

100102103107

85115103

31925514610171

135116146116101105989086

131146150

3939191210

242626212625282621

202323

c 61 i c 14o 124 i » 23° 142 ; e 22

Car loadings *

Unad-just-

ed

Ad-just-ed i

Employment

Furni-ture,ad-

justed i

1Saw-millsad-

justed1

Tur-pen-tineand

rosin,unad-justed

Pay rolls

Unadjusted

Furni-ture

Saw-mills

Tur-pen-tineandrosin

Newsprint

Con-sump-

tionby

pub-lishers

Im-ports

Pro-duc-tion

; Monthly average, 1923-25=100 '\ Short tons

i i i

i 79i 451 27i 24

! 3335

! 343031313129

: 26

i 28! 361 34

35

: 213133

9174432622

313333302930303032

31353333

111.895.977.461.250.9

63.064.564.764.962.883.061.260.762.9

66.467.670.371.1

51.963.168.9

87.875.745.726.822.4

34.535.634.233.133.033.033.332.632.2

32.434.234.635.0

23.933.334.1

98.572.063.5

101.2102.498.697.398.396.289.392.492.9

95.696.399.799.3

66.799.897.7

111.385.162.536.324.4

40.340.541.239.342.744.647.244.545.9

43.547.149.749.2

25.139.347.4

90. 179.737.615.010.2

22.524.223.220.922.122.322.621.320.0

19.121.422.423.7

10.119.921.7

56.232.326.4

53.751.451.050.351.352.245.147.950. 2

52.754.252.357.9

28.850.554.3

189, 986190, 936174, 325148, 351132, 032

160,815193, 088154, 175150, 500145, 095151,900168, 372172, 287165, 496

157, 870169, 816171, 139166, 122

124, 797153, 112166,237

178, 076186, 025175, 242165, 301139, 213

196, 490204, 036200, 004197, 227171, 390159, 944201, 146194, 392222, 897

160, 973138, 647181, 597188, 700

119, 948164, 666167,479

118,667109, 967102, 37791,49074,415

79, 54089,72682, 26074, 01779, 97174,12080, 56274, 85179, 777'

80, 57670, 812'73, 52874, 891

73, 25279, 38974,95S

' Adjusted for seasonal variations. ? Of forest products. f 3 mouths' average.


Iron and SteelACTIVITY in the iron and steel industry was at a

slightly lower rate in May than in April, thismovement contrasting with the trend a year ago whenproduction was rising to meet the demands of consum-ers who were accumulating stocks in anticipation ofthe expected price increases for the third quarter.This year purchases are apparently going into con-sumption rather than into stock as code prices gener-ally have been reaffirmed for the third quarter andconsumers continue to purchase cautiously.

The settlement of labor difficulties in the automobileindustry has resulted in the release of steel orders, buta large immediate volume of orders is not in prospectas the peak of automobile assemblies for the yearseems to have been definitely passed. Miscellaneousconsumers continue to be important sources of orders.Tractor manufacturers are reported to be producingat a high rate and to have a large volume of orders onhand. Output of tin plate mills has approached therecord levels of 1929, according to trade reports.Orders from the railroad industry have continued insmall volume.

Production of steel ingots in April was 8 percentbelow March on both a total and a daity average basis.Output for the first 4 months of the year of 11,013,306tons was 12 percent above 1934 and was the highestfor this period since 1930.

Pig iron produced in April totaled 1,663,000 tons, 6percent below the output in March. On May 1 therewere 97 furnaces in blast producing at a daily rate of

53,600 tons as compared with 98 stacks producing ata rate of 57,300 tons on April 1.

Shipments of finished steel by the leading producerdeclined 11 percent from March to April after increas-ing for 5 consecutive months. Shipments droppedbelow the 1934 level; in the first quarter they weresubstantially higher. Shipments of steel sheets b}^ inde-pendent manufacturers dropped 13 percent in April.

The report of the machine tool industry for April wasrelatively optimistic, based on the trend of orders andthe anticipation of important business in the nearfuture. The index of new orders for April at 65.6 per-cent of the 1926 shipments was the highest for the pastseveral years, with the exception of last December.Domestic orders, however, were larger in April than inDecember.

The American Iron and Steel Institute reports thatfor the first quarter of the year the output of steelproducts for sale, by members operating under thecode, amounted to 6,662,000 tons as compared with5,201,000 tons in the first quarter of 1934. This in-crease, amounting to 28 percent, was not uniformlydistributed among all products. The output of stripand sheets was up by 33 percent and 42 percent, respec-tively. Production of bars, pipe and tubes, and platesincreased about 30 percent each. The depressed stateof the market for the heavier products is revealed bythe increase of only 11 percent in heavy structuralshapes and by a decline of 30 percent in the tonnage ofrails rolled.

IRON AND STEEL STATISTICS

Year and month

1929: April1930: April1931: April1932: April1933: April1934:

April _.MayJune.. . .JulyAugust- .September. _ .«October . _NovemberDecember

1935:January _. _February .MarchApril

Monthly average, January throughApril:

193319341935

General operations

Produc-tion,ad-

justed i

Em-ploy-ment,

ad-justed*

Payrolls,

unad-justed

Monthly average,1923-25 = 100

131107713235

768485473837414864

79797166

306574

101.494.974.455.747.4

71.574.376.371.468.865.465.666.467.7

69.470.670.871.0

47.668.070.5

112.099.867.732.324.6

56.861.362.647.645.541.142.844.247.6

51.959.059.359.2

23.748.757.4

Iron andsteel

Ex-ports

Im-ports

Pig iron

Pro-duc-tion

Thousands of longtons

2782091015891

202242219233243301220299283

263229323205

73198255

5454483628

272925183224203520

23292129

232826

3, 6633,1822,020

853624

1,7272,0431,9301,2251,054

898951957

1,028

1,4771, f,091,7771,663

5721,457

..1,632

Fur-naces

inblast

Num-ber

2151831136048

11011789756262655969

90969897

449695

Steel ingots

Pro-duc-tion

Thou-sands

of longtons4,9504.1092,7671,2601,345

2,8983,3533,0161,4731,3641,2521,4621, 5891, 942

2,8342,7422,8312,606

1, 0832, 453

1 2,753

Per-cent

ofca-pac-ity

9779502225

535653272323252835

47524945

204348

Steel sheets '

Newor-ders

Ship-ments

Thousands ofshort tons

398300192103119

272246115736677

103133193

322183193168

90206217

377292211105100

18424130285787395

109142

206201233202

82166211

UnitedStatesSteel

Corpo-ration,

finishedprod-ucts,ship-

ments

Longtons

1,188,456878, 558395, 091335, 321

643, 009745, 063985, 337369, 938378, 023370, 306343, 962366, 119418, 630

534, 055583, 137668, 056591, 728

288, 295487, 124594, 244

Prices

Ironandsteel,com-

posite 3

Steelbillets,Besse-mer

(Pitts-burgh)

Steelscrap(Chi-cago)

Dollars per long ton

36.4034.1631.4729.4427.78

32.6732.9732.9632.3232.2432.1532.1032.1532.39

32.5832. 5432.3632.29

27.9531.6332.44

34.8033.0030.0027.0026.00

26.7529.0029.0027.4027.0027.0027.0027.0027.00

27.0027.0027.0027.00

26.0026.1927.00

15.9513.009.817.006.00

11.7510.959.759.559.198.508.759.25

10.31

11.8011.2510.509.85

5.4411.3510.85

Finishedsteel,com-posite

Dollarsper 100pounds

2.562.392.222.172.06

2.402.532.532.462.442.442.442.442.44

2.442.442.442.44

2.102.332.44

i Adjusted for seasonal variations. * Black, blue, galvanized, and full finished. » See table on p. 19 of the January 1935 issue.


Textile IndustriesTHE seasonally adjusted index of textile produc-

tion, computed by the Federal Reserve Board,remained unchanged from March to April at 98 percentof the 1923-25 average. Wide declines were reportedfor the cotton and silk textile industries, while theoutput of woolen producers continued at a high level.Production of rayon was also lower in April. Weeklystatistics of cotton cloth production for the 3 weeksended May 25 indicate that production has continuedaround the lower level reached at the end of ApriL

General curtailment of production under the au-thorization of N. R. A. resulted ia a sharp drop in theoutput of both gray goods and finished cotton clothduring April. The output of the former droppedabout 13 percent and the yardage of cloth printed anddyed declined 13 percent and 2 percent, respectively.During the 4 weeks ended May 25, average weeklyproduction of gray goods amounted to 106,000,000yards as against 110,000,000 in the preceding 4 weeks,and 127,000,000 yards during March. Cotton spin-ning activity in April was also lower than in March,as well as considerably below the rate in April 1934.Mill consumption of raw cotton for the month was thelowest April consumption since 1922, with the excep-tion of the year 1932.

The adverse conditions with which the industry hashad to contend have given rise to many suggestions ofremedial action. This subject is discussed in thespecial article in this issue beginning on page 16.

Production of silk goods turned downward duringthe early part of April, the curtailment movementbeing reflected in the operations of weavers as well asin the throwing industry. Production of silk by con-cerns reporting to the Code Authority for the Throw-ing Industry in the 4 weeks ended April 27 amountedto about 20,000 bales, compared with 26,000 bales inthe preceding 4-week reporting period. Productionof rayon by the same producers showed a similar de-cline. In the silk-weaving industry, the April figuresrecord a drop of 3.5 percent in the number of loomsoperated and a 4 percent decline in the average numberof weekly hours run per loom.

The manufacture of woolen and worsted goods wasrelatively high during April. Machine activity ofcombs and of worsted spindles increased during themonth, while loom activity declined. Weaving oper-ations in the carpet and rug industry increased about12 percent as compared with March. The table belowindicates the high rate of operations in comparisonwith the same month of other recent years.

Current reports on rayon shipments indicate a sub-stantial improvement during May, the demand beingstimulated by the reduction in yarn prices. Rayondeliveries in April were only about half as large as inJanuary, after allowance for the usual seasonal varia-tion, and were also less than in April 1934. The cumu-lative total of deliveries for the first 4 months of theyear, however, were 9 percent higher than in 1934.

TEXTILE STATISTICS

Year and month

1929: April ._1930: April1931: April1932: April1933: April1934:

AprilMay .JuneJulyAugust—.September..OctoberNovemberDecember

1935:January.. ._FebruaryMarchApril

Monthly average, Januarythrough April;

1933 _19341935

Pro

du

ctio

n i

nd

ex,

ad-

just

ed i

Month-ly av-erage,

1923-25=100

11995966585

908877788063898797

103100

9898

8391

100

Cotton,raw

L

IPll3S

Run-ningbales

631, 802531,911508, 691366.481470, 359

512, 594519, 299363, 262359, 951420, 949295, 960520,310477, 060413, 535

546, 787478, 291481, 135462,844

469, 232510, 633492, 26*

Cotton and manufactures Wool || Wool manufactures

t£'?t3-j«£S3•o

tcc

Mil-lions ofspindlehours

8, 8617,4977,1255,1996,570

7,2597,2685,2415,1525,7533,7167,1856,7036,027

7,5106,5756,6636,058

6,6747,1586,702

Cotton clothfinishing -

«

•M2~&,

«t£•S co^Ss* f l

Thousands ofyards

122, 951114,80383,41475, 83384, 49990,772

126, 384114, 139107, 379

120, 203117,780122,548106, 100

1 14, 800116, 658

106,388107, 128118,034109, 756101,057101,083108, 830111,758107, 585

100, 00897, 23297, 732

103, 500

104, 30899, 618

i.*1^ Mft q

Is|1


10099.489.671.455.150.7

88. 286.386.085.186.487.886.684.484.3

84.183.382.481.8

50.088.182.9

I fc3«r<&

3

Spinningspindles

i ^"31

1t.

1

Looms

£

&

Q2

Thou- Isands j Percent of active hours

of ; to total reportedpounds i

49, 20536, 79447, 71019, 95428, 701

29, 88928, 21326, 21327, 25428, 49523, 46734, 06544, 85857, 065

58, 37051,61665, 00662, 066

30,60834,08159,265

84: 58i 55

2653

i 70! 68

71i 71i 72

4563

! 66i 71

\ 85i 92

8176

547184

7043572935

394029312621354865

74716163

454567

6441422129

404130262418342926

28312927

323729

7045542842

555654535128454863

81888273

536381

Wh

ole

sa

le

pri

ce

,w

oole

n ar

id

wo

rste

dgo

ods


100

Silk

1; a1»

Bales of133

pounds

90. 7 53, 85580.7 1 41,58469. 0 41, 35659. 7 35. 77953.3

82.081.080.880.778.978.074.874.174.0

73.873.673.173.1

53.383.773.4

41,910

37. 39238, 74033,06932, 02138, 24732, 59949, 10637, 54840, 941

47, 44341,73244, 34739,757

39, 92840, 35943, 320

Operations, machin-ery activity

•o

H itt'WD-

f!c-eItor *

Percent of active hoursto total

54.738.146.542.941 725.048.1

58.5

35.729.025.624.929.718.7

35.3

48.631.540.041.540.328.043.244.446.8

55.052.245.840.5

56.748.4

££?tililla? >_*06TJ2

$UDollars

perpound

5.1454.1862.2661.4211. 324

1.3181.2841.1991.1391.1331.1251.1851.2921.358

1.3481.4321. 3271.391

1.2531.4321.375

i Adjusted for seasonal variations. i Printed only. • Grease equivalent; see note on p. 54. «Twisting spindles.


Current Trends in the Cotton IndustryBy Edward T. Pickard, Chief, Textile Division

The position of cotton in the economic scheme of theUnited States hardly needs emphasis. The number ofpersons deriving a livelihood in the production and dis-tribution of cotton, the importance of the fiber in ourexport trade, and its utilization as the raw material ofone of our leading manufacturing industries makecotton perhaps the most significant agricultural com-modity that the country produces.

The value of the cotton crop is the major determiningfactor in the purchasing power of the population inthe Southern States. In 1934, the total value of lintproduced amounted to $612,802,000 and the value ofcottonseed to $154,970,000, making a total of $767,-772,000. In former years the value of cotton producedreached much higher figures; in 1928, the combinedvalue of lint and seed was $1,529,000,000 and, in 1929,it was $1,445,000,000.United States Share of World Cotton Production Below

Pre-War Average

The average annual cotton crop, excluding linters,for the 5 years prior to 1934 was 14,380,000 bales. The1926 crop, amounting to 17,977,000 bales, was thelargest ever produced in the United States, and thesmallest crop during the past 39 years was in 1921when the ravages of the boll weevil cut the productionto 7,954,000 bales.

During the 5-year period ended with the cottonseason 1933-34 the annual output of American cottonwas 56 percent of the world total, whereas during the5 years preceding the World War it was 62 percent ofthe world total. This has been brought about mainlyby an increase in production in other countries. Al-though recent production in the United States hasbeen about 10 percent above that of the pre-warperiod, production outside of the United States hasbeen about 45 percent above the pre-war level. TheAmerican crop of 1934, which amounted to 9,472,000bales as a result of curtailed acreage and adverse cropconditions, was only about 43 percent of the worldcrop. This was the first time since the Civil War thatthe United States output was less than half of theworld total.

Foreign Markets Take More Than Half of Production

Shipments of raw cotton to foreign countries repre-sented 57 percent of the American crop during thepast 10 years. The export market for our staple is,therefore, of relatively greater importance than is thedomestic market and, since cotton is our premiercash crop, the connection between the purchasingpower of the South and conditions in the cotton goodsmarkets of the world is obvious.

While changes in our cotton exports in 1934, re-sulting partly from the exchange regulations and other

instrumentalities of nationalistic economic policies inEurope and, perhaps, to some extent also from somefeatures of our cotton-control program, have notcrystallized into a definite trend, they have beenmarked in the past year. A variety of factors haveundoubtedly influenced this movement. Shipmentsdeclined from 8,353,000 bales in the calendar year1933 to 5,753,000 bales in 1934, a decrease of 2,600,000bales or 31 percent. For the first 4 months of 1935,shipments totaled 1,497,000 bales against 2,304,000bales for the corresponding months of 1934. Theactual consumption of American cotton in foreigncountries \vas not so low as indicated by the exportfigures, inasmuch as substantial quantities of Americancotton were withdrawn from local stocks.

Table 1 .—Exports of Cotton From the United States[Thousands of running bales]

Country

Total

United Kingdom.European continent

Germany. . . .FranceItaly

Japan . . .

1933

8,353

1,4904,4221,653

852804

1.814

1934

5,753

8962,541

740424493

1,737

Percentdecrease

31.1

39.942.555.250.238.74.2

January-April

1934

2,304

3981,173

436186200545

1935

1,497

26267795

107182374

Percentdecrease

35.0

34.242.378.242.59.0

31. 4

Eeduced shipments to Germany in 1934 and the first4 months of 1935 may be accounted for chiefly bythe stringent limitation of dollar exchange for cottonpurchases. In the case of the United Kingdom, someAmerican cotton has been replaced by Brazilian cottonwhich has been imported in much larger volume thanheretofore, owing to the record cotton crops in Brazil;Indian cotton was also used to a greater extent. InFrance and Italy the decline is to be accounted for,in the main, by rather unfavorable conditions in thecotton manufacturing industry, while Japan importedlarger quantities of Indian cotton as a result of theIndo-Japanese agreement and lower relative prices forthat cotton.

Cotton exports represent the largest single item inthe merchandise exports of the United States. Duringthe past 10 years the value of cotton exports variedfrom 13 percent (1930) to 24 percent (1933) of thetotal value of all merchandise exported.

Cotton Consumption in the United States

During the 5 years ended July 31, 1934, UnitedStates consumption of domestic cotton averaged about5,500,000 bales annually and in the preceding 5 years,about 6,500,000 bales annually. During the past 10years the maximum consumption was 6,881,000 balesin the crop year 1926-27 and the minimum consump-tion was 4,744,000 bales in 1931-32.


The bulk of the cotton used by the cotton manu-facturing industry of the United States goes to millsin the cotton growing States which take about three-fourths of the total, the rest being consumed mainlyin the New England States.

Comparing the 5-year period 1929-30 to 1933-34with the preceding 5 years, consumption of Americancotton outside of the United States declined from anaverage of 8,260,000 to 7,500,000 bales, whereas theconsumption of other cotton increased from 9,690,000to about 11,000,000 bales. It is interesting that, inspite of the depression, consumption of all cottonoutside of the United States increased from 17,950,000bales during the period 1924-25 to 1928-29 to18,500,000 bales during the past 5 seasons, while con-sumption in the United States showed a considerabledecline. This can be partially accounted for by themore stable demand for cotton goods in foreign coun-tries, owing to the fact that in these countries cottongoods represent mainly articles of wearing apparel, thepurchases of which are generally on a hand-to-mouthbasis by consumers with relatively small reserve pur-chasing power. In the United States, on the otherhand, cotton is used to a considerable extent forindustrial purposes.

Cotton Prices More Than Doubled From Depression Low

Cotton is a world commodity and its price is sensi-tive to world economic forces that affect demand, aswell as to climatic and other factors that affect supply.Quotations for American cotton represent the price forMiddling Upland %-inch cotton and prices for thenumerous other grades and staples are determined bydifferentials above or below this basic price. Theaverage monthly price of cotton at New Orleansranged, in the past 10 years, from about 26 cents inMarch 1925 to 5 cents in June 1932. The highestaverage price for the cotton season during this periodwas 24 cents in 1924-25 and the lowest was 6 centsin 1931-32. In 1932-33 the price was over 7 cents

and in 1933-34 it was about 11 cents. Currentquotations are between 11 and 12 cents.

Government Aid to Cotton Growers

Although cotton prices are among the most sensi-tive commodity prices, adjustment of production toworld demand is not easy, owing to the large num-ber of growers, uncontrollable climatic conditions andthe seasonal nature of farm operations. As a result,the cotton farmer frequently faces very low priceswhich cause a demand for government relief. This istrue not only in the United States but in other coun-tries as well. In Egypt, for example, the governmentfrequently comes to the aid of the cotton farmer bymarket operations or loans to growers. The UnitedStates Federal Farm Board, formed in 1929, extendedloans to cotton cooperatives in order to enable themto hold cotton for more favorable prices.

The agricultural adjustment program, begun in 1933,is a more comprehensive system of assistance to cottongrowers as well as to producers of other farm products.The purpose is to control the volume of cotton pro-duction through agreements with individual growersin order to maintain a profitable income for the farm-ers. With the inducement of rental or benefit pay-ments, the Secretary of Agriculture in the summer of1933 secured agreements from more than 1,000,000cotton growers (who planted more than 38,000,000acres in the years 1928-32) to plow under more than10,000,000 acres of the cotton and to reduce plantingsin 1934 by 40 percent from the base acreage. Thecurtailment program for 1935 provides for a 25 per-cent reduction in acreage. In order to insure thatthe crop would not exceed the limits desired, theBankhead bill which provides a tax on ginnings abovea certain quota was enacted into law in April 1943and became effective for the 1934-35 season.

The rental and benefit payments to the cottongrowers from the beginning of the program in August1933 to the end of February 1935 totaled $221,182,000.

Table 2.—Trend of Major Cotton Industry Statistics, 1925-34

NOTE.—Data assembled by the Association of Cotton Textile Merchants of New York from Bureau of the Census reports and information obtained through the courtesyof machinery manufacturers. Cloth production for the noncensus or even years has been estimated to correspond to spindle-hour activity during the preceding censusyears.

Spindles in place at beginning ofyear 1

New installation, additions andreplacements

Spindles active at any time dur-ing year ending Julv 31

Average number of active spindlesbased on 12 monthly reports. _ _

Percentage relation of averageactive spindles to spindles inplace percent __

Spindle hours run thous_.Hours run per average active

spindleProduction sq. yd_.Exports _- _- _ _ _ doImports-. do_-Available for domestic consump-

tion:Total sq. yd...Per capita _ do

1925

37, 939, 772

343, 292

35, 032, 246

32, 642, 076

86.0494, 600, 128

2,8987,741,568,000

543,317,000109, 249, 000

7, 307, 500, 00063.62

1926

37, 871, 936

217, 264

34, 750, 266

32, 352, 262

85.4397, 028, 630

2,9997, 936, 942, 000

513, 299, 00060, 680, 000

7, 484, 323, 00064.25

1927

37, 364, 730

496, 192

34, 409, 910

32, 547, 119

87.11104, 450, 216

3, 2098, 980, 415, 000

565, 021, 00063, 002, 000

8, 478, 396, 00071.73

1928

36, 465, 976

255, 912

33, 569, 792

29, 961, 648

82.1692, 728, 881

3, 0957, 972, 551, 000

546, 847, 00061, 295, 000

7, 486, 999, 00062.50

1929

35, 267, 086

320, 784

32, 417, 036

30, 408, 548

86.2299, 899, 724

3,2858, 54] , 546, 000

564, 444, 00061,185,000

8, 038, 287, 00066.14

1930

34, 541, 486

251, 936

31, 245, 078

27, 269, 470

78.9576, 702, 655

2,8136, 558, 154, 000

416, 285, 00035, 517, 000

6, 177, 386, 00050.14

1931

33, 608, 494

205, 068

28, 979, 646

25, 674, 107

76.3977, 793, 299

3,0307, 140, 653, 000

366, 959, 00034, 732, 000

6, 808, 428, 00054.88

1932

32, 326, 526

143, 908

27, 271, 938

23, 250, 757

71.9270, 218, 348

3,0206, 445, 342, 000

375, 446, 00029, 436, 000

6, 099, 332, 00048.86

1933

31, 442, 174

348, 568

26, 894, 860

24, 873, 270

79. 1186, 580, 233

3,4818, 103, 717, 000

302, 042, 00041, 348, 000

7, 843, 023, 00062.40

1934

30, 938, 340

529, 840

27, 742, 462

25, 119, 435

81. 1975,711,413

3,0147, 086, 437, 000

226, 306, 00041, 533, 000

6,901,664,00054.59

i Spindles in place at beginning of 1935, 30,889,484.

136341—35 3


The funds for these benefit payments are obtainedfrom a processing tax of 4.2 cents per pound on rawcotton purchased by cotton mills. For the aboveperiod the tax collected aggregated $210,447,000, in-cluding $60,000,000 of floor taxes, $11,683,000 com-pensatory taxes, and $556,000 ginning taxes.

Cotton Manufacturing in the United States

Conditions in the cotton manufacturing industryare far from satisfactory. The situation in April1935 resulted in the appointment of a Cabinet com-mittee by the President to investigate and study thewhole problem. For more than 2 weeks manufac-turers, merchants, and officials for the cotton manu-facturing States appeared before the committeeand presented their analysis of the adverse factorswith which the industry has had to contend and tosuggest remedial action.

Some of the more important subjects and recom-mendations presented for discussion were: Discon-tinuation of the processing tax as a method of securingfunds necessary for benefit payments to cotton farm-ers; recovery of export markets for cotton productsthrough governmental financial assistance; curtail-ment of cotton goods imports which in bleachedfabrics for the first quarter of 1935 were stated torepresent a considerable percentage of the domesticproduction of competitive types; elimination of wagedifferentials between New England and the South forthe purpose of easing the competitive situation; ad-justment of the capital structure; age and efficiencyof machinery; and merchandizing and marketingpractices.

It is not possible to discuss the points of view pre-sented on these different matters, except to suggestthat it was quite evident that from the standpoint ofconsumption of products, employment, and thefinancial position of the industry, serious considerationis justified. Sifting the so-called emergency problemsfrom those of long-range fundamental character is, ofcourse, essential before remedial measures may beformulated.

Trend of Operations Over a Decade

In considering the current situation, the accompany-ing table assembled by the Association of CottonTextile Merchants of New York, presenting the trendof the major statistics of the cotton manufacturingindustry, is illuminating. The salient points indi-cated in this table are the decrease in spindles, incloth production, and in foreign sales of cotton cloth.The number of spindles in place has declined pro-gressively since 1925. By the end of 1934, the declinein spindles amounted to 7,010,000, or 18 percent ofthe number in place in 1925. Annual cloth produc-tion for the 5 years 1930-34 averaged 7,067,000,000square yards, compared with 8,235,000,000 yards inthe preceding 5-year period, an average annual lossof 1,168,000,000 yards.

Foreign Trade in Cotton Cloth

Exports of cotton goods, although representing onlyabout 6 percent of domestic production during the lastdecade, have always been regarded as an essential partof the market.

The loss of export trade in cotton cloth in recentyears is attributable mainly to keen foreign pricecompetition combined with reduced demand for cottonpiece goods in many important consuming markets andto a more limited extent to the development of localcotton manufacturing industries in former exportmarkets.

The trend of United States export trade in cottongoods during recent years is shown in the followingtable:

Table 3.—United States Exports of Cotton Cloth, Duck, and Tire Fabrics

Year

19251929 _19301931 .1932 ... . _19331934Jan.-Mar.:

19341935

Total

Quan-tity

l,WUsq. yds.543, 317564, 447416, 285366, 959375, 447302, 042226, 306

60, 05350, 590

Value

1,000dolls.85, 01279, 41351, 38435, 78327, 35723, 51124, 656

6,4025,565

Exported to —

PhilippineIslands

1,000sq. yds.

79, 75281,34248, 57261,599

116, 66588, 08747, 876

Cuba

1,000sq. yds.66, 42476, 61464, 35554, 26450, 16345, 07467, 575

SouthAmerica

1,000sq. yds.139, 482118, 09783, 29776, 78566, 20758, 93235, 310

CentralAmerica

1,000sq. yds.

63, 19260, 46240, 91244, 67847, 41644, 38233,499

Canada

1,000sq. yds.

38, 06175, 63558, 33237, 10326, 66717,11212, 546

Imports of cotton cloth are comparatively small inrelation to domestic production, as may be seen byreference to table 2. Imports for consumption in1934 of countable cotton cloths totaled 41,535,000square yards valued at $6,736,000, or about the sameas in 1933. Imports from Japan rose rapidly in thefirst quarter of 1935 and this increase was one of theconcerns which led to Government action in appoint-ing the Cabinet committee previously mentioned.Details of the import trade, by countries, are pre-sented in the accompanying table.

Table 4.—United States Imports of Countable Cotton Cloths 1

Year

1925192919301931 -19321933 2

1934Jan.-Mar.:

19341935

Total

Quan-tity

1,000sq. yds.

109, 24961, 18535,51734, 73229, 43641, 34841, 535

14, 02721, 529

Value

1,000dollars26, 42415, 9019,4267,0344,2486,3606,736

2,3522,267

Imported from—

UnitedKing-dom

1,000sq. yds.91, 51932, 73218, 04510, 1398,4909,6449,901

2,7693,601

Swit-zerland

1,000sq. yds.

2,52014, 6627,861

12, 51610, 78920, 80515 668

8,5713,299

Czecho-slova-

kia

1,000sq. yds.

3,9787,3403,0453,6722,3532,3611,789

335516

Japan

1,000sq. yds.

5,3781,2171,016

770789

1,1167,287

45112, 771

France

1,000sq. yds.

2,4832,6011,9891,626

720569337

10084

Ger-many

1,000sq. yds.

2,1251,8811,9991,7891,5551,440

433

109148

1 General imports prior to 1934; imports for consumption in 1934.2 Imports for consumption (from all countries) in 1933 amounted to 40,129,000

square yards valued at $6,024,000, or slightly less than general imports.

NOTE.—"General imports" comprise imported articles entered at the custom-houses for immediate consumption and imported articles entered for warehouse."Imports for consumption" comprise imported articles entered for immediate con-sumption and imported articles withdrawn from warehouse for consumption.


RAYON DELIVERIES1

[Monthly average 1923-25 = 100]

Month

January _February .MarchAprilMay__JuneJulyAugust .SeptemberOctoberNovember _ ._December

Monthly average. -..

JanuaryFebruaryMarch _. .AprilMayJuneJulyAugustSeptemberOctoberNovemberDecember

JanuaryFebruary . _March _April .May _JuneJulyAugustSeptemberOctoberNovemberDecember __ __

1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935

Without adjustment for seasonal variation

778189827368705070827384

75

787676807377718611611912314693

125156140121125121124128127134158120132

1361481361109871118138151159156151131

174216232262231194190195211227222209214

205221219219175178169197242265245234

214

255264286266254254240281337358290242

277

268300275236237225179219304264216204

244

279376347413352288314349335268255225

317

273265246186148137213406478413371382

293

353293201392517450470420433399371324

385

383422340290286305334307308382386488353

553441295274

Adjusted for seasonal variation

726784868875765971796874

7363728387867897117113116136

117130132125147136139138125127149119

12812312911111481134144147147149159

168182219259266223221199198206213230

203194207213198207199199216232236266

258238270256285299289281286309282281

274268259227263269218214249232214241

285330328397387347390339262242263265

278232232179162166270390355383400449

361257190376556556610397313373408381

391370320279304382440287221357429574

565387279264

Three months' moving average of the seasonally adjusted indexes

7479868380706970737472

7069738185848797109115122123

128126129135136141138134130134132132

123127121118102110120142146148152159

170190220248249237214206201206216215

209201205206206201202205216228245253

254255255270280291290285292293291279

274267251250253250234227232232229247

285314352371377375359330281256257269

258247214191169199275338376379411403

356269274374496574521440361365387395

381360323301322375370316288336453523

509410310

i Computed by the lubize Chatillon Corporation, Business Research 1)1 mon. This series known as "rayon deliveries" represents the shipments of rayon yarn by Ameri-can producers, plus imports for consumption, less exports of domestic rayon yarn. For purposes of this index, rayon is denned as that rayon made by the viscose, cupram-monium, and nitrocellulose processes. Acetate rayon, which has made up an increasing percentage of the total in recent years, is not included in this series. Based onannual surveys, acetate rayon comprised the following percentages of the total production: 1925, 3.2; 1926, 4.2; 1927, 6.3; 1928, 6.2; 1929, 6.8; 1930, 7.7; 1931, 10.0; 1932, 13.5;1933, 17.3; and 1934, 19.0. The index is based on a 100 percent sample of the field covered. The data are reduced to a daily average basis and expressed as a percent of the1923-25 daily average figures, in accordance with the Federal Reserve Board's method of calculating and basing index numbers. The index then is adjusted for the usualseasonal variation. Due to the rapid fluctuations of the adjusted indexes, they were smoothed out by running a moving average on them with an average of 3 monthscentered at the middle month. The annual averages are figured on the basis of unadjusted indices. For further details on the method of constructing the indices, referto the September 1934 issue of Textile Organon, published by the Tubize Chatillon Corporation, 2 Park Avenue, New York City.

PRODUCTION OF LEATHER1

[In thousands of skins]

Month

JanuaryFebruaryMarchAprilMay..JuneJulyAugust __SeptemberOctoberNovember _December

Total.Monthly average

JanuaryFebruaryMarchAprilMay _ _June .-JulyAugust -SeptemberOctoberNovember _December

TotalMonthly average. _ . _ ___ _ _

1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 193i

All goat and kid leathers

4,1024,0904,6953,8413,8703,8133,3164,2814,0434,3424,3694,142

48, 9044,075

4,4003,9844,6494,1644,1484,2123,6253,8303,3713,7783,3393,723

47, 3533,946

3,6693,4293,5593,1793,1312,6212,3432,2452,6193,1332,6683,299

35, 8952,991

3,4053,3913,7283,2683,4273,3912,9033,3883,4404,0023,5224,620

42, 4853,540

4,1744,2444,8894,4484,2193,9033,6223,8823,8363,9223, 9624,676

49, 7774,148

4, 4674, 2634,3433, 8643,8654,2823, 2954,4334,3184,4914,2434,872

50, 7364,228

4,7214,5935,0104,4934,3644,6824,0304,8004,5914,8724,1444,552

54, 8524,571

4, 3904,3084, 3164,3824,1854,7884,6184,5704,4665,3494,7425,572

55, 6864, 641

4,8264,5965,1734,6474,5264,6684, 4634, 5634,8074,8853,9244,367

55, 4454, 620

3, 7373,9484,5254,3543,9654,1804,3504,4884,5194,0863,3343, 151

48, 6374, 053

3, 1973,4273, 8253, 2972,9582,9442,7293,3782, 5662, 6462, 8353,212

37, 0143,085

3,4313,3203,4192,7703,1213,9244, 1454, 6344,0053,9943,7863,763

44, 3123,693

4,2904,0744, 3583,9493,9403,4963,6383,7073,2903,6373,3293, 274

44, 9823,749

All sheep and lamb leathers

2,7822,4672,6722,5142, 6282,6352,8373,3573,3773,8943,7363,579

36, 4793.040

3,7243,6714,1484,1153,8253,7473,1663,3783,1623,9683,6133,275

43, 7923,649

3,7383,5393,6953,7062,9982,6952,5252,8783,1923,6853,0103,117

38, 7783,232

3,3663,1893,0592,7402,4182,3232,5542,6092,6953,0482,5442,542

33, 0872,757

2,5522,2732,7742,6362,3572,4392,5132,7172,8642,9432,8172,783

31, 6682,639

2,7272,8663,1552,7682,8372,9602,9843,1593,1233,2123,0443,024

35, 8592,988

3,2613,4703,4623,1853,0912,9083,0393,4893,1363,5263,3022,837

38, 7063,226

3,1243,1483, 3913,3483,0572,8493,1383,4623,3233,9663,2222,957

38, 985?.249

2, 8942, 6782,8082,6762, 5092,2502,2402,3022,3392,9192, 3832,395

30, 3932, 533

2,3502,5562,8072,9012,8542,6802,7852,9692,6713,0162,4852, 369

32, 4432.704

2,0942, 3622, 2531,9201.7391,7791,7012,3933,0124,1623,5071,919

28, 8412.403

1,9232,1732,1901,7093,1523, 9163,9873,7963,0883,2142,5122,221

33, 8812.823

2,3923,2443,4783,6723,1802, 6412,4522,3342,2223, 0622,8712, 707

34, 2552. 855

i Compiled by the Tanner's Council of America and represent a revision of the data that appeared on p. 19 of the June 1933 issue of the Survey of Current Business forthe years 1925 to 1932, and also of the monthly figures subsequent to December 1932 that appeared in the monthly issues. Revisions were caused by a recheck of the figuresby the Tanner's Council. The monthly data for the years 1922, 1923, and 1924 are shown for the first time.


WHOLESALE PRICE OF WHEAT NO. 1 DARK NORTHERN SPRING, MINNEAPOLIS'[Dollars per bushel]

Month

January _ . ..FebruaryMarch .AprilMayJuneJuly . . .Augustt^ CD temberOctoberNovemberDecember

Monthly average

1917

2.502 212 212.212 21

2 2 27

1918

2.212.212.212.212 212.212.212.292 242.232.252.25

2 23

1919

2.252.292.412.632 682.562.722.712 772 843.003 25

2 68

1920

3.342.902.973.233 263 012.952.592 642 211.821 73

2 72

1931

1.811.741.721.571 671.741.811.591 561 371.301.33

1 60

1922

1.391 581.591 661 711 331.571 221 201 211.281 31

1 42

1923

1.281 311.291.351 321 221. 181 221 261 261 191 19

1 26

1924

1.241.271.261 261 301 371.471.381 351 511.541 71

1 39

1925

1.981 941.801 601 731 691 661.671 581 581 671 77

1 72

1926

1 781 741.671 661 641 671 751.561 481 531 481 48

1 62

1927

1.471 461.431 411 531 571. 581. 501 371 341.341 37

1 45

1928

1.431 421.471 631 641 531 471.241 261 931 241 23

1 40

1929

1.291 361 321 291 211 231 501.381 371 321 301 32

1 32

1930

1.311 251 151 141 101 05

96.92

87*837577

1 01

1931

0 77767680827665

.6671728074

75

1932

0 77777273726459

.5959545149

64

1933

0 515054667681

1 07.9290858784

77

1934

0 9090898494

1 041 081.201 211 151 141 17

1 04

1 Computed by the United States Department of Agriculture, Bureau of Agricultural Economics. The data are compiled from the Minneapolis Daily Record and repre-sent the weighted average price per bushel of reported cash sales in Minneapolis. Prior to the promulgation of the Federal grades, Aug. 1, 1917, the subclass Dark Northerndid not exist. For 1935 data see p. 41 of this issue.2 Average of 5 months, August to December.

STRUCTURAL CLAY PRODUCTS

Month

January -FebruaryMarch _ . _A prilMay - -JuneJulyAugustSeptemberOctoberNovemberDecember

Total

Common brick

Shipments

1934 1935

Stocks

1934 1935

Vitrified paving brick

Shipments

1934 1935

Stocks

1934 1935

Thousands

46, 99432, 46948, 16859, 72564, 51561,07861, 10168, 08362, 40577, 69864, 50848, 188

694, 932

57, 911

38, 28138, 29160, 347

448, 531436, 667417, 629406, 070401,493405, 713420, 716422, 641417,025412, 589419, 833412, 449

418, 446

400, 529387, 462362, 852

5.0813, 6027, 0468, 3138, 024

12, 4519,960

10, 3398, 7736, 8314, 9931,806

87, 219

7,268

1,6011, 1671,338

78, 01276, 87274, 15878 08779, 56376 01978, 04777, 39677, 70177, 41676, 15677, 866

77, 274

79,71179, 49477, 039

Hollow building tile

Shipments

1934 1935

Stocks

1934 1935

Short tons

29, 89424, 66728, 98839 98841, 58839 38337,51344, 27238, 06838, 13935, 04328,817

426, 960

35, 580

25, 79523, 11129, 598

423, 336412,651402, 980401 835392, 212388 972385, 898378, 533369, 641367, 166363, 347370, 116

388,057

363, 291353, 774349, 340

1 Compiled by the United States Department of Commerce, Bureau of the Census. These series represent a summary of identical plants beginning January 1934. Com-parable data are not available prior to that date. The number of plants represented are as follows: Common brick, 437; vitrified paving brick, 90; and hollow building tile,193. The estimated coverage of these industries based on the Census of Manufacf'actures for 1933 is: Common brick, 54 percent; hollow building tile, 49 percent; and for vitri-fied paving brick, 82 percent. These concerns hold a higher percentage of the total stocks than is indicated by the production ratios. Stocks of vitrified paving brick asreported monthly are excessive, due apparently to the inclusion of "other paving brick" which are reported separately in the annual census. The Bureau of the Censusalso publishes an identical series for face brick, based on reports from 260 plants, but it is not shown in the SURVEY since the trend is approximately the same as for theface brick series reported by the American Face Brick Association.

DEPARTMENT-STORE SALES[Index numbers based on daily averages of dollar volume of sales—1923-25=100]

1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935iviontn

January .FebruaryMarch -. -- - -AprilMay -JuneJulyAugustSeptemberOctober -November _December

Yearly average

January - - _~ . -FebruaryMarchApril _ _ _MayJune - - -July -.AugustSeptember - - _- -OctoberNovemberDecember _ _ _ _ _

Without adjustment for seasonal variation

60596577737659607689101137

78

8274909110196737388102112144

94

8376888791866463759597135

87

736977908985646685102108152

88

7977939710099737594111117164

98

8684881039897717296105117166

99

84859410510398747697122122176

103

9087971021091007782104120124181

106

9189951091051017685103117126182

107

9188971051071028081113118125192

108

90911071031091087984117122125191

111

888993110105987177103112113165

102

81819210197926668889497143

92

6464697372664649717573106

69

4949506867644859737775121

67

5759737377705160798283135

75

59617179

Adjusted for seasonal variation

667172726976808083818686

908993939696989795929690

929289898787878482868384

838384878786868891939293

919395100981019810110010110099

9910199989710096961019610099

99103103102102102100101101111104104

106105101105109105106108106109106107

107108106106105106105111104107108106

108106107106107107110107112108108111

110110112110109113109111113111108110

107108107105105103100102991019996

9999981029796948985858583

797873747269666468686462

616057646768707569696670

717178747774737775737478

74758273

1 Computed by the Federal Reserve Board, Division of Research and Statistics. The data represent a revision of the adjusted indexes for the period 1929 to date caused bya new series of seasonal indexes for these years being computed; other figures are shown as previously published with the exception of minor revisions being made in a fewinstances. The daily average sales are computed on the basis of the number of working days, with an extra one-third of a day added to each 5-Saturday month; allowanceis made for the number of Sundays in each month and for 6 holidays; New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and ChristmasFor a description of this index see the Federal Reserve Bulletin for April 1929, pp. 236-242, or request the revised statement available at the Division of Research and Statistcs.of the Federal Reserve Board. Adjustments for the effects of changes in the date of Easter are the same as heretofore.


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 (67)...Food (122)Al l other (595)

Fisher's Index, 1926 = 100:Combined index (120)...

Copper, electrolytic!-Cotton, Middling, spot

Construction contracts^Distribution: Carloadings-..Employment: Detroit, fac-

tory

Finance:Failures, commercialSecurity prices:

Bond prices!-- -Stock pricesj

1935

May25

81.663.8

80.381.584.377.8

82.703.845.6

62.5

57.5

106.394.5

May18

81.363.9

80.080.983.877.6

82.363.846. 0

29.260.8

106. 4

53.8

106.493.8

May11

81.663.3

79.980.884.177.5

82.263.845.6

60.0

53.6

106.491.3

May

82.862.7

80.181.184.977.5

82.163.845.2

59.4

60.0

106.389.8

Apr.27

81.261.1

80.381.785.477.5

81.863.845.2

27.758.3

110.8

61.2

106.390.4

Apr.20

84.162.9

80.381.885.377.3

81.563.843.8

32.663.7

62.2

106.088.2

1934

May26

84.766.8

73.760.167.479.0

75.560.142.3

28.465.3

100.5

55.3

105.084.6

May19

84. 667.4

73.559.667.279.0

75.460.142.6

41.663.9

52.1

104.784.5

1933

May27

79.160.2

03.352.460.367.0

61.245.233.1

17.056.9

52.5

112.8

92.279.8

May20

77.558.9

63.050.959.966.8

60.645. 331.3

17.055.9

105. 4

91.076.0

ITEM

Finance— Continued .Banking:

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

ing member banks:§Deposits:

Net demandTime

Loans, totalInterest rates:

Call loans £Time loans t .-

Money in circulation fProduction:

AutomobilesBituminous coalfElectric powerfLumber _ _PetroleumSteel ingots

Receipts, primary markets:Cattle and calves.--.-. . _HogsCottonW heat

1935

May25

77.0

150.6126.367. 3

6.15.7

113.2

132.062.2

101.828.7

125.156.6

34.622.5

May18

77.2

149.2126.867.6

6.15.7

113.4

117.657.5

102.028.3

127.257.9

67.631.823.119.9

May11

78.8

147.7126.567.4

6.15.7

113.5

114.555.4

102.229.0

125.859.2

70.137.521.520.2

May4

87.3

149.5127.068.4

6.15.7

113.2

145.348.9

101.938.6

119.759.2

62.336.224.619.8

Apr.27

73.4

147.6125.467.9

6.15.7

112.9

145.447.3

100.438.8

122.960.5

73.135.326.229.0

Apr20

82.5

146.6125.467.8

9.78.9

113. 6

144.557.6

102. 237.8

124.361.8

71.533.121.216.9

1934

May26

63.9

120.8125.071.8

24.222.9

109.9

100.060.799.331.9

119.776.3

90.084.025.039.7

MajI E )

74.3

120.3125.472.4

24.222.9

110.3

99.061.099.037.8

120.777.6

75.073.638.150.9

1933

Maj27

54.5

105.2116.277.0

24.222.9

119.7

69.050.189.731.2

126.555.3

67.372.761.966.1

Mny

56. 5

104. 9116.077.6

24. 223. S

120. 7

73. 149. 489.031.4.29. < )51. 3

6fi. H64. S62.764.0

* Computed normal=--100. If Latest week is preliminary.§ 1933-35 indexes tire based on reports from 91 cities; earlier data cover 101 citie;

t Weekly average, 1928- 30= 100. I Daily average.• Index revised. See weekly supplement of June 1, 1933, for explanation.

WEEKLY BUSINESS STATISTICS

ITEM

COMMODITY PRICES, WHOLESALECopper, electrolytic, New York dol. per lb._Cotton, middling, spot, New York dol. per lb__Food index (Bradstreet's}9 dol. perlb..Iron and steel composite! dol. per ton__Wheat, No. 2 hard winter (K. C.) dol. per bu..

Ranking: FINANCEDebits, New York City mills, of doL.Debits, outside New^ York City mills, of doL.Federal Reserve banks:

Reserve bank credit, total mills of dolBills bought mills, of doL.Bills discounted mills, of dol_.U. S. Government secuiities mills, of doL.

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

U. S. Government securities-- mills, of dol._Loans, total mills, of dol. _

On securities . mills, of dolAllother mills, of dol

Interest rates, call loans percent..Interest rates, time loans percent..

Exchange rates:French franc (daily av.) centsPound sterling (daily av.) dollars,.

Failures, commercial - _ ..number. _M^oney in circulation mills of dolSecurity markets:

Bond sales (N. Y. S. .E.) --.thous. of dol. par value..Bond prices, 40 corporate issues. dollarsStock sales (N. Y. S. K.} thous. of shares..Stock prices (N Y Times) dol per shareStock prices (Standard Statistics) 1926=100

Industrial (351). 1926=100..Public utilities (37) 1926=100Railroad (33) 1926=100..PRODUCTION, CONSTRUCTION, AND

Production: DISTRIBUTIONAutomobiles (C*am's estimate) number. _Bituminous coal (daily av.) thous. of short tons..Electric power. _ mills, of kw.-hrPetroleum thous. of bbl . _Steel ingots (Dow- Jones' estimate) - .pet. of capacity. _

Construction-contract awards (da. av.)._thous. of dol._Distribution:

Freight-car loadings, total ._ . - carsCoal and coke carsForest products . carsGrain and products. _ . . _ _ carsLivestock . ... ... .carsMerchandise, 1. c. 1 carsO r e _ - _ _ _ . . carsMiscelaneous cars

Receipts:Cattle a n d calves . _ . _ thousandsHogs . - _ - . --thousandsCotton into sight thous. of balesWheat, at primary markets thous. of bu._

1935

May 25

0.088.1242.61

32.411.00

3,1393, 572

2,45957

2,430

14, 9374,529

10, 8807,2497, 5993,0434,556

.25

.25

6.5854.92234

5,496

58, 57095.206,22091.7675.689.164.731.4

100,7051, 0601,6962,605

43

599, 543119, 01824, 02325, 81011,361

158,05031, 125

230, 156

901,789

May 18

0.088.1252.61

32. 341.03

3,0353,579

2,47357

2,430

14, 7944,549

10, 8447,2507,5983,0154,583

.25

.25

6.5874.89

2195,510

66,99095.268,22991.1374.186.864.731.8

89, 760979

1,7002, 650

44

583,327106, 83124, 20025, 17212, 515

158, 85927, 275

228, 475

21320660

1,580

May 11

0.088.1242.62

32.341.03

3,9393, 655

2, 46656

2,430

14, 6514,539

10, 9407,2997,5783,0154,563

.25

.25

6. 5904.85218

5,512

73, 30095.287,10988.7172.685.064.230.3

87, 395943

1,7022,620

45

575, 185101, 52424, 43225, 90613, 802

160, 32824, 801

224, 392

22224356

1,609

May 4

0.088.1232.62

32.301.03

4,6684,051

2, 46356

2,430

14, 8224,556

10, 9937,3247,6963,1124,584

.25

.25

6.6054.84244

5,497

62, 77095.164,88087.1869.981.861.130.1

110, 865832

1,6982,494

45

569, 06589, 47327, 37825, 60814, 094

161,84419, 189

231,479

197235

641,572

Apr. 27

0.088.1232.68

32.301.05

3, 1023,402

2, 45257

2,430

14, 6364,498

10,9757,3367,6423,0674,575

.25

.25

6.5984.83249

5,480

73, 97095.197,68687.7870.281.662.930.9

110, 970803

1,6732,561

464,449

558, 88688, 95626, 77626, 98713, 930

159, 49511,791

230, 949

23122968

2,305

Apr. 20

0.088.1192.71

32.311.07

3,5713,828

2,47057

2,431

14, 5304,494

11,0127,3717,6323,0234,609

.40

.39

6.9544.85253

5,517

47, 68094.884,40185.6468.179.958.829.4

110,2351,0331,7022,590

475,228

610, 905121, 88226, 24329, 42212, 499

160,35410, 787

249, 718

22621555

1,341

1934

May 26

0.083.1152.11

32.89.86

2,9083,100

2,4695

342,430

12, 3274,4649,2526,2628,0053,4684,5371.001.00

6.6105.10225

5, 335

53, 90094.033,18482.1770.477.969.042.2

76, 2811,0331,6552,493

584,560

625, 990117,03126,01128, 25316, 313

164, 16929, 826

244, 387

28454465

3,156

May 19

0.083.1162.09

32.94.82

3,5733,441

2,4736

342,430

12,2774,4779,2206,2548,0683,5054,5631.001.00

6.6115.11212

5,357

66, 60093.755,73982.0770.177.569.042.0

75, 5501,0121,6502,514

596,684

612, 331111, 65924, 98928, 61816, 224

164, 27824, 985

241, 578

23747799

4,049

1933

May 27

0.068.0901.84

28.43.68

2,8002,528

2,21943

3121,862

10, 7254,2787,9774,9638,3523,6484,7041.001.00

4.5673.92459

5,815

79, 50082.58

22, 74177.5464.666.881.639.1

52, 660853

1,4942,635

422,724

545, 55186, 54222, 82034, 48215, 174

166, 74810, 528

209, 257

213458161

5.258

May 20

0.067.0851.86

28.42.71

3. 2352,621

2,25478

3301,837

10, 6814,2717,9254,9348,4213,7244,6971.001.04

4.5473.91429

5,863

69, 20081.53

19, 92573.8162.864.781.337.2

55, 801842

1,4832,705

392,731

535, 71984, 88821,60435, 40215, 595

166, 2588, 436

203, 535

211421163

5,092

1932

May 28

0.051.0561.63

29.30.57

2,4742, 680

2,04838

4711, 525

10,4114,6076, 8103,822

10, 0524,3395, 7132.501.50

3.9473.6970S

5,439

69, 54368. 866,28343. 4230.535.461.914.3

45, 121708

1, 4252,169

237,211

521, 24976, 05418, 00332, OOS16, 304

180, 50S2, 514

195,82*

198514

974, 194

§ Statistics cover 91 cities since Jan. 10,1934, and 90 gities before; 1 city was added to the series in order to off-set the effect of 1 member bank which ceased reportingt Revised series. See p. 19 of the January 1935 issue. • Aggregate price of 1 pound each of 31 commodities.

22 SUKVEY OF CUKRENT BUSINESS June 1935

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. A specialsupplement was included in the April 1935 issue, pages 57 to 72, inclusive. This supplement gavethe monthly averages of all series for the years 1932, 1933, and 1934.

Data subsequent to April will be found in the Weekly Supplement to the Survey.

Monthly statistics through December 1831,together with explanatory footnotes and refer-ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1935

April April May June

1934

July i August Septem-ber October Novem-

berDecem-

ber January

1935

Febru-ary March

BUSINESS INDEXES

98.7110.763. 447.678.997.8

~~50." 9(;,8.358.1

67.2

141507620574

1̂09

100127

80.078.5131.264.754.490.896.153.354.571. G69.872.659.1

8910953871088411435

*1041521156393118817660

77.271.2108.264.952.868.595.847.664.661.777.463.0

"52.3

8483

« 92729579859732

73.270.9108.961.949.677.696.744.840.658.240.869.0

•51.0

7371826410091449829

« 71. 262.4108.359.643.882.494.155.534.857.134.362.8

"67.4

73716762100873810738

66.552.792.559.146.858.592.450.231.254.434.3"39.7'53.7

73705663122853710233

70.551.689.057.640.892.292.546.731.875.536.1

» 75. 666.2

7573

a 375311087409330

°71.543.599.258.942.386.093.642.533.360.842.8

'111.768.0

7473

«264710879458825

«77.495.6110.763.143.984.397.846.337.274.657.3

' 127.4°67.3

« 77

35103105568926

a 83. 2' 104. 3124.266.237.997.0

° 98. 554.652.367.169.1

»143. 3

8887862590155769929

"82.5a 100.7*116.267.339.890.1'99.253.558.168.268.4111.1"65.9

919111227791798311029

57?1305278

P86P86110518018566

M12

98138

5175

5'758961

111543919s:2'90

5512546678585855593987611733

plOO1529765901289073

"71

561254565

66849472119224742702990

15410247731448760

«581065713244558383

« 815896778510131

156814173139«8452

"58105511313453767478531029247

15778140761358350609543126395673726148106863897

152761336313987

855212534587169515012084378832

154731292129876871605812339737372414610787418529

1568012911288465

«7311571203877

°7573

« 4048102834892

1559214921158571

15110619108128918282

15611048105121927285

120547686

a 85"88451021406410429

12b50

"75909010442911747910733

5212970"79898810545811667910830

1548438771328769

"66545613045

"58

74931277710025354286057120

1568328781288563

"6452531284057

921071241007744478358711975

157799580

1268060614744

1243960

9311211812267

173745092

10154

152791336312582626444551223661

10510210011663105107160816982

1538217891208153

« 6535561223976

114100102111709112921010458108

155107148712581646514551213577

9386911058184134743876

»1541331897143«9072

a 72

15111527103136947674

155101681001339667"81

601245374

738478811023662

1315071

5974887566344342672378

5013265

a 74

5060775663183931692283

"80.7"102.1115.266.843.182.5"98.3

54.470.161.4124.8"64.6

90"90130347519980

"110

15310269100124"904588

BUSINESS ACTIVITY (Annalist)t jCombined index 1_. normal = 100..i

Automobile production 1 normal = 100..Boot and shoe production^ normal=100._Carloadings, freight _normal=100._Cement production. _ . normal = 100..,Cotton consumption normal=100__Electric power production normal = 100._Lumber production normal=100. _Pig-iron production._ _.normal = 100..Silk consumption normal = 100__Steel ingot production 1 normal=100._Wool consumption-- ..normal=100.Zinc production normal = 100._

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

Manufactures, unadjusted 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=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 = 100..Lead .1923-25=100..Petroleum, crude.. 1923-25=100..Silver 1923-25=100..Zinc 1923-25 = 100..

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

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

MARKETINGSAgricultural products* (quantity) 1923-25=100.

Animal products .1923-25=100.Dairy products 1923-25=100.Livestock 1923-25=100.Poultry and eggs 1923-25=100.Wool — - 1923-25 = 100.

Crops 1923-25=100.Cotton 1923-25=100.Fruits 1923-25=100..Grains.. 1923-25 = 100..Vegetables 1923-25 = 100..* New series. See p. 18 of the March 1933 issue, marketings (quantities),t Revised series. For earlier data see p. 19 of the October 1933 issue.^ For 1933 revisions of the combined index and automobile and steel ingot production indexes see p. 22 of the August 1934 issue* Revised. p Preliminary.$ Series revised. For earlier data see p. 19 of the January 1934 issue. Revisions did not change the combined indexes except for a few months and in these instances by

a slight amount. *** Index of automobile and iron and steel production revised for 1933. See p. 22 of the September 1934 issue for a complete record of the revisions.J Data revised for 1934. See p. 22 of the April 1935 issue.

80.270.1

130.963.952.692.095.351.963.171.877.766.869.6

9091

10835

f 1021531025089

130"86

76a 61

6065

128436686867857

8411833

f 100153813988128"8876

°7040661274465

77971238312091564210837102

5613055

8886

1064777

18371

107

15393

130"97

54

551325073

546676579135

Ml3467

»2486



1935

April

1934

April May June July August Septem-ber October Novem-

berDecem-

ber

1935

January Febru-ary March

BUSINESS INDEXES—Continued

MARKETINGS-Continued

Agricultural products, cash income receivedfrom marketings of:*|

Crops and livestock:Unadjusted 1924-29=100..Adjusted 1924-29=100..

Crops, adjusted 1924-29=100Livestock and products, adjusted

1924-29=100..Dairy products, adjusted 1924-25=100-Meat animals, adjusted 1924-29=100..Poultry and eggs, adjusted- .1924-29=100-

STOCKS

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

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

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

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

Coffee— adj. for seasonal 1923-25=100—Cotton— adj. for seasonal 1923-25=100-Rubber— adj. for se asonalt-- 1923-25 =100 ._Silk— adj. for seasonal.. 1923-25=100-Sugar— adj. for seasonal t 1923-25=100..Tea — a(jj for seasonal 1923-25=100Tin— unadjusted . .1923-25=100Wheat— adj. for seasonal 1923-25 = 100—

54.064.557 5

72.080.067.573.5

12010211969

1169881

14860

11315811913287

11490

195

151

211

16280

45.058.564 0

62.563.547.050.5

14210912381

11610481

15985

11116016016896

18298

213

25842321134726633215285

197

60.058.059 5

56.065.051.552.0

13610811784

11610580

15078

11315915915894

17193

198

26040722534726032814783

202

48.565.577 0

54.063.548.051.0

13210911594

1179579

14392

10716114814993

16297

182

25939221836928730414283

215

54.571.087 5

54.565.047.550.5

1401141171081169679

14111510916213016190

198108173

•p 265p 396

22138724230914278

241

60.062.568 0

56.570.048.553.0

1431081191031169678

14579

11216011916992

217105173

262p390

23137423829514174

237

69.060.558 0

63.072.058.557.5

1541091211031179379

15091

113161119187109217107217

?250"368

22137323426714074

228

74.555.047 0

63.572.557.560.0

1601081171001179479

15586

113150120198122208113254

P236P361

19136321027315379

211

57.552.040 5

63.573.554.071.5

1611071131001179681

16071

113152123200121202107269

^229P363

17435420029414872

190

51.549.541.5

58.072.549.558.5

1591061161001189579

16348

11316011719811620793

263

p22937017135218629514566

196

51.052. C40.0

64.576.059.060.5

14310511586

1189583

1636b

11316211817010716287

239

»22434216335820829114071

190

45. 054.043.5

65.079.057.065.0

13410512280

1179680

16171

11316211515598

14090

226

»219P344

150361 l

215 '31014294

171 i

49.056. 547 5

66.573. 563.065.5

•126<« 104a 124

75•116

9680

15667

113159117

"142«92

a 12593

208

v 224^362

16236120530615393

161

COMMODITY PRICES

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

Total, all groups.... 1923=100-Clothing 1923=100..Food .1923=100-Fuel and light - 1923=100.Housing 1923=100—Sundries 1923=100

FARM PRICES (Dept. of Agri.) § f

Total, all groups -1909-14=100-Chickens and eggs... 1909-14=100-Cotton and cottonseed 1909-14=100-Dairy products 1909-14=100Fruits .1909-14=100—Grains 1909-14=100-Meat animals - ..1909-14 =100-Truck crops 1909-14=100 .Miscellaneous -1909-14=100..

RETAIL PRICES

Department of Labor indexes:Coal.. — 1913=100-Food # 1913=100..

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

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

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

WHOLESALE PRICES

Department 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=100-Livestock and poultry 1926=100-

83.275.485.486 068.793 0

11110510311710511511715692

158124

86 3

93.887.487.788.183.8

80.1

82 377.572.380.487.985.9

78.477.973.586.563.792 4

827204919677649896

164107

89.4

93.987.991.488.285.6

73.3

77.165.173.959.658.849.2

78.677.874.185.764.292 4

82729091

11078648992

156108

88.6

93.988.191.088.485.5

73.7

77.865.173.759.663.947.8

78.877.374.585.864.692.5

86729493

13789648090

157109

88.2

93.887.790.888.185.6

74.6

78.267.372.963.372.448.3

79.177.075.286.464.792.5

87769994

1139166

10204

159110

87.9

03.088.300.488.284.8

74.8

78.268.372.764.574.848.8

79.677.276.586.965.492.3

0686

10797

10110668

108125

162112

87.7

04.087.700.188.585.6

76.4

79.271.672.669.886.056.2

81.077.679.987.466.092.4

1031041109993

11282

133126

165117

87.7

94.087.789.888.987.6

77.6

80.173.971.873.488.164.1

80.977.579.187.566.492.8

1021081079998

10974

110137

166116

" 87.4

94.487.789.588.986.3

76.5

79.272.1

- 71.570.685.055.3

80.877.478.887.666.692.8

10112510710594

10972

107123

165115

87.4

94.387.388.889.286.1

76.5

79.372.271.170.887.254.0

80.877.378.487.566.893.0

10111910910785

11673

130113

165114

87.2

93.987.488.188.586.0

76.9

79.573.171.072.091.557.2

81.676.981.187.166.993.0

10711410811287

11596

117111

164119

86.8

93.987.487.988.285.8

78.8

80.876.671.277.688.873.3

82.476.383.587.167.493.0

11111910812190

114105188101

165122

86.6

93.487.487.888. 285.8

79.5

81.577.471.779.187.478.4

82.476.083.387 167.993 0

10897

10211490

11111716292

164122

86.3

93.687.387.787.985.1

79.4

81.776.671.878.382.885.8

a Revised. * Preliminary.* New series. See pp. 16-19 of the May 1934 issue, cash income for marketings of agricultural products and p. 19 of the December 1932 issue, Fairchild price index.§ Data for May 15, 1935: Total 108, chickens and eggs 110, cotton and cottonseed 105, dairy products 108, fruits 93, grains 112, meat animals 118, truck crops 127, mis-

t Index of farm prices has been completely revised. For earlier data see p. 20 of the November 1934 issue. \Vorld stocks—revised total, rubber adjusted and sugaradjusted indexes for January 1927-June 1932, appeared on p. 20 of the September 1932 issue. Cash income for marketings of agricultural products revised from July 1933-June1934. See p. 23 of the September 1934 issue.

# The data on retail prices of food until Aug. 15,1933, were reported as of the 15th of each month. From then on the prices have been reported every 2 weeks. The monthlyfigures for months subsequent to August 1933 represent the figure nearest to the 15th of the month.



1935

April

1934


berDecem-

ber

1935


COMMODITY PRICES—Continued

WHOLESALE PRICES— ContinuedDepartment of Labor index— Continued.

Combined index— Continued.Foods -1926 = 100-

Dairy products 1926=100—Fruits and vegetables __ 1926 = 100. _Meats 1926=100

Other products 1926 = 100-Building materials - 1926=100

Brick and tile . 1926 = 100—Cement 1926=100-Lumber 1926=100—

Chemicals and drugs 1926=100—Chemicals 1926=100Drugs and pharmaceuticals-1926 = 100__Fertilizer materials 1926=100

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

Hides and leather . . 1926 = 100Boots and shoes 1926 = 100. _Hides and skins 1926=100Leather 1Q26— 100

House-furnishing goods 1926=100Furniture 1926=100.Furnishings 1026 = 100.

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

ment . _ -.1926 =100--Textile products 1926=100

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

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

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

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

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

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

PURCHASING POWER OF THEDOLLAR *

Wholesale prices... 1923-25=100-Retail food prices ... .. 1923-25=100Farm prices t - ...1923-25=100Cost of living 1923-25 = 100

84.584.967.394.3

84.689.794.979.981.087.273.866,072.8

51.086.397. 271.274 980.777.184.285.986 008 2

67. I69 278.581.861. 627 673.168.746.380.4

75.893.4

48.043.563.543.026 919.457 465 899. 750.9

125.8120.8132.5122.4

66.266.567.957 378.686 790.789.787 275.578 672.268 771.788 392.249.488 998.576 778 481 679 983.587.987 368.0

76.275 385 788,264.228 482.069.544.683.6

70 985.5

40 955.959.143 828 318 419 576 8

110.643.2

137. 4139.5179.2129 9

67.167 168.260 078.987 391.289.485 975.478 672.866 472.588 994.650.787 998.573 576 382 080. 184.189.190 268 1

75 073 682 786.365.326 581.069.844.683.7

70 786.9

40 355.959.941 931 017 919 574 3

106.542.4

136.6138.5179.2129 5

69.873 070. 162 278.287 891 193.986 375 678 673 167 972.890 697 550.687 198 470 1

82 079 085. 187.788 668 5

75 179 782 686.062.825 080.870 244.683 5

71 588.6

43 655.962 145 231 616 832 969 0

101 942 7

135.0137.4170 9129 2

70.674 868.263 478.487 091.393.985 375.478 573.067 673.992 499 251.386 398.066 675 181 678.584.886.886 768 8

75 071 581.985. 159.524 580.769.944.682 4

72 189.0

47 o53.963.547 434 215 941 666 4

103.348.4

134.6136.2168.9128 7

73.977 365.669 478.385 891.393.981 875.779 272.764 874.692 699.251.683 897.957 471 381 878 984,686.786 fi68 9

75 070 879 586.459.324 478.970.244.782 4

73 489.7

50 456.863.549 336 215 843 467 5

103 359.4

131.8134.0153. 1127 9

76.176 266.076 678.385 691.393.982 376.580 372.766 474.695 299.351.384 197. 9fiO 4"iO 681 878. 884.886.6*<5 568. 4

71 671 179. 787. 859.924 378.070.244.782.4

73.290.2

50 156. S03. 548 236 015 749 464 2

102.454. 5

129.7128.2142.7125.6

74.877.167.670 078.085 291 293.982 077. 181 173. 565 774.694 598 950.483 897 759 770 581 779 084.486.386 268 1

68. 170 379 186.660.524 874.869.744.782 4

71.889.1

48 355.963.546 032 716 649 966 6

101 348.8

131.6129.5144. 1125. 8

75. 178 665. ?;68 478. 085 091.293.981.276.980 973.564 674.494 092.450.584 297.363 170 881 378 484,386.286 067 7

68.869 778.484.461.025 874.170.647.582. 1

71.990.2

4S 254.963. 546.330 518 050 964.5

101.948.3

131.6130. 4145. 6125,9

75.379.662.469. 078.085.191.293.981.277.882.273.465. 373.793.189.349.885.197.267.471.881.278.284.285.985.667. 5

68.870.078.484.361.927. 174.071.047.581.5

73.591.8

4S. 955.463.546.730.319.051. 161.3

101.251.4

130. 9131.1145.6125.9

79.983.562.881.677.784.991.193.979.979.384.573.166.572.989.987.648.886.297.171.174.381.278.284.385.885. 767.6

68.070.378.484.163.528.673.870.747.581.5

75.793.7

47.954. 463. 546.730.718.847.461.4

101.249.8

127.7126.4137.4124.7

82. 7S7.063.687.9

80! 090. 6

so! 580. 486.573.166.272.590.387.748.786.097. 269. 674.680.777 284.185. 88*5. 107. 2

67.170. 178.583.363.628.173.670.147.580.9

75.893.7

48.450. 963. ">46. 330. 120.053. 662. 199.448.3

126. 6122. 9132. 5123.6

8 1 . ' - >82. '.'63, 291.6

84! 990.294. -4

x] . :<8?\ I7;x oGO. 373. 088. 38S f>49. 885. 497. 266 fi74. 280. 777. 384. I8"). 78<>. 067. 1

07. 269. 4

82.462.5

73. i0.9. 24(5. 680. 6

74. S91. 4

47. rt4«\ 0

42. 326 S18. 557. 461.793. 351.0

1 28. 9123. 2l lvfi. I

12:). I1.

CONSTRUCTION AND REAL ESTATE

CONSTRUCTION CONTRACTSAWARDED

Contracts awarded, F. R, B.: JTotal, 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 number. _Valuation thous. of dol—

Nonresidential buildings:!Projects number ._Floor space. —..thous. of sq. ft..Valuation thous. of dol

Public utilities:*Projects numberValuation thous. of dol—

Public works :#Projects — number--Valuation-.. thous. of dol—

Residential buildings:Projects number--Floor space... .thous. of sq. f t—Valuation thous. of dol—

Engineering construction :fTotal contracts awarded (E. N. R.)

thous. of dol—

30212618

10, 570124, 285

3,3887,774

41, 515

1587,319

92633, 170

6,09811,92542, 281

116,972

36143212

8,114131, 157

3,1417,991

38, 614

19312, 372

1,18457, 535

3,5965, 985

22, 636

101, 192

32132611

9, 153134, 439

3,2108,093

52, 797

2055,599

1,53751, 202

4,2016, 159

24, 840

116,743

31132612

8,368127, 116

3, 0617,147

43, 142

23213, 069

1,34444, 340

3,7317,504

26, 565

109, 993

30122712

7,182119,663

2, 9058,275

60, 751

1997,901

1,05131,166

3,0274,795

19,845

118, 000

28102710

7,625120, 015

3,1348,996

50, 816

2068,651

1,08741, 906

3,1985,030

18, 641

109, 115

30112911

7, 665110, 151

2,7877, 524

42, 309

1966,510

1,31343, 479

3,3704,847

17, 854

94, 430

29123112

10, 013135, 225

3,5357,885

43, 686

28912, 642

1,91852, 598

4,2717,015

26, 300

90, 501

28113111

7,505111,692

2,6967,258

39, 440

2528,496

1,21043, 847

3,3475,319

19, 910

134, 148

25103112

5,77192, 685

2,1704,939

28, 067

16512,911

94537, 156

2,4914,048

14, 551

101,419

22102712

6,45899, 774

2, 5265,622

32, 958

1568,707

87635, 699

2,9005,528

22, 410

148, 264

24132814

6,13575, 047

2,3494,985

30, 613

1223, 885

70023, 933

2,9644, 569

16,617

68, 089

26162616

8, 929122,941

3. 1036, 994

44, 477

1616, 175

93339, 779

4, 7328, 809

32, 209

9(1 9nS

* New series. For earlier data on the following subjects refer to indicated pages of the monthly issues as follows: World Prices, p. 20, September 1932; PurchasingPower of the Dollar (except for farm prices), p. 18, August 1933.

f Revised series. For revisions of construction contracts awarded on nonresidential buildings for years 1930, 1931, and 1932, refer to p. 20 of the September 1933 issueFarm prices (purchasing power) are on p. 20 of the April 1935 issue.

# These series represent a break-down of the combined total shown in the Survey previous to September 1933. For earlier data see p. 20 of the September 1933 issue1 Months of March, May, August, and November 1934 and January 1935 include 5 weeks; other months include 4 weeks.

A A continuation of the statistics shown on pp. 30 and 32, of the 1932 annual supplement, by classes, for the years [932 and 1933 was published on p. 19 of the A ngust 1934 issupJ Indexes are based on 3-montb moving average of F. W. Dodge data centered at second month.

June 1935 SUEVEY OF CUEKENT BUSINESS 25


1935

April

1934

April May June July August I October No™rm- De

bceerm"

1935


CONSTRUCTION AND REAL ESTATE—Continued

HIGHWAY CONSTRUCTION

Concrete pavement contract awards:Total thous. of sq. yd

Roads only__ thous. of sq. yd_.Highways:

Approved for construction (N. I. R. A.):*Mileage _ .number of milesPublic works funds allotted, thous. of doL.

Under construction (N, /. jR. A.):*Estimated total cost thous. of dol._Public works funds allotted.. thous. of doL.Federal aid funds allotted .-.-thous. of doL.Mileage number of miles..

CONSTRUCTION COSTS

Building costs— all types (American AppraisalCo.)* 1913 = 100

Building costs—all types (A. 0. C.)_1913=100__Building costs— all types (E. N. R.) §_1913=100_.Building costs — factory (Aberthaw) 1914=100

MISCELLANEOUS DATA

Construction — employment and wages:Employment, Ohio. (See Employment.)Wages, road building. (See Employment.)

Fire losses, United States thous. of dol_.F enclosures** numberShjp construction. (See Trans. Equipment.)Re al estate:

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

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

1 706826

2 64340, 622

187, 675171, 294

4,0938,804

178194.5

23, 268

74, Oil(2)

2,4591,463

3,27962, 216

269, 229248, 942

8,43514, 111

157180

195.9

22, 02915, 807

88, 92245.2

3,7522,200

2 40543, 297

288, 460267, 371

8,91414,311

158180

199.6

25, 27116 680

86, 84245.7

2,6281,572

1,71831, 149

283, 506263, 042

8, 63413, 674

158180

199.6177

20, 00616 348

86, 24847.9

2,9492,093

1,22522, 481

267, 509246, 3948,42112, 524

157182

199.7

19, 48415, 499

85,72348.3

2,8581,557

1,61425, 548

231, 554211, 9607,60810, 220

157183

198.4

19,61315, 462

85, 51952.5

4,6003,491

2,88638, 824

203, 027183, 9157,1238,831

157182

200.6177

16, 24415, 972

86, 64748.6

5,0823,760

2,84543,654

179, 453160, 7756,0937,879

158181

200.9

18, 23616, 723

87, 44656.1

3,6193,101

2,89246,851

156, 599139, 0175,3997,280

158181

201.4

20, 11416, 940

87, 71451.8

6,3014,336

3,32058, 065

147, 807131, 3884,7146,911

158180

201.9177

23, 89617, 736

87, 25853.4

3,2712,356

3,36757, 573

145, 639130, 6604,1466,836

158180

198.7

23, 43117, 896

82, 585(2)

2,3311,683

3,56159, 385

155, 448140, 0604,0317,166

158179

196.0

25, 08215,319

77, 142(2)

2, 5411,978

3,19351, 509

170, 756154, 9884,1037,916

178194.3177

24, 94317, 785

72, 616(2)

DOMESTIC TRADE

ADVERTISING

Radio broadcasting:Cost of facilities, total thous. of dol .

Automotive thous. of dol..Building materials thous. of dol_.Clothing and dry goods thous. of dol._Confectionery __thous. of dol_.Drugs and toilet goods thous. of dol._Financial thous. of dol..Foods thous. of dolHouse furnishings thous. of dol_-Machinery thous. of doL,Paints and hardware.. thous. of dol..Petroleum products thous. of doL.Radios thous. of dolShoes and leather goods thous. of dol..Soaps and housekeepers' supplies

thous. of dol_.Sporting goods thous. of dol__Stationery and publishers. .. thous. of doL.Tobacco manufactures thous. of doL.Miscellaneous thous. of dol_.

Magazine advertising:Cost, total thous. of dol._

Automotive .thous. of dol._Building materials thous. of dol__Clothing and dry goods thous. of dol..Confectionery thous. of dol_.Drugs and toilet goods thous. of dol._Financial thous. of dol__Foods thous. of doL.Garden thous. of dol__House furnishings thous. of dolJewelry and silverware thous. of dol__Machinery thous. of doL.Office equipment. _ thous. of doL.Paints and hardware thous. of dol._Petroleum products thous. of dol..Radios thous. of dol ;

Schools thous. of dol._Shoes and leather goods thous. of dol._Soaps and housekeepers' supplies

thous. of dol. .Sporting goods.. .thous. of dol..|Stationery and books thous. of dol._Tobacco manufactures thous. of doL.Travel and amusement thous. of doL.Miscellaneous... thous. of doL.

Lineage, total t ...thous. of lines.. 1

4,2893331726

1531,450

431,079

740

212829514

2130

51336102

12, 7541, 678

343572290

2, 430342

1, 68090

1,04510477

126165368106126244

751159205581595670

2,700

« 3, 745338

740

M28« 1, 148

63a 1,005

460

24241450

1900

31326114

11, 6931,543

293413168

2,431250

1,96975

86710940

no163258108113198

717114198523459574

2,469

3,728371323078

1,16856

974500

20243360

2160

35310110

11,5861,665

267393165

2,170266

1,71161

1,03919045

102203228100128213

711184149425521652

2,501

3,104309262280

1,02237

829120

13202330

1780

48187107

10, 8221,639

191326178

2,119241

1,56841

7802363999

13530385

133222

643223137486418580

2.271

2,495188

02768

92136

6881205

188340

1410

279365

9,2001,386

171281178

1,884222

1,60731

35186328188

28898

132106

651223117454257472

1.853

2,249178

01934

78736

719607

189396

1120

233854

7,291997131113226

1,698195

1,3308

18336417024

24864

14339

43817982

461152433

1,534

2,561222182720

96940

700380

191935612

1600

244616

8,0081,016

214296178

1,502230

1,36616

44852325951

21380

150134

461169167433188554

1,827

4,5275443525

1171,497

571,218

268

243189515

1340

4931648

10, 653965295477212

1, 992232

1,82311

81717952

139144229238128237

556112310548313643

2,264

4, 3632993728

1151,460

511,259

291721

325916

1780

72302

75

10, 852755274452209

2,382285

2,0717

79623360

18084

163213109201

555101257503302660

2,317

4,4513803336

1301,513

461,279

172116

289960

1740

5631946

8,938302196278237

1,819232

1,63618

53928449

14628

180180115123

318179385539354739

2,136

4,6464082229

1851,610

491,303

158

19273970

1850

54321

67

6, 530829116172151

1,452254

1,07257

1344555

10811

10310013027

23583

152406226612

1,581

4,412363

2530

1761, 552

741, 197

670

18216919

1790

3229390

9,646855202240158

2, 503265

1, 8271114903658

10927

15810314540

565102187532261672

2,014

4 822'398

3139

1931,607

421 300'107

022

2819524

2310

37306108

11,9731,462

264484267

2,598345

1, 733108

1,0058490

158129226113129142

62978

201621422683

2.2768 Data discontinued by the reporting source.* New series. For earlier data on building costs, American Appraisal Co., refer to p. 20 of the August 1933 issue. N. I. R. A. highway work started in September 1933,

see November 1934 issue for beginning of series. First Home Loan Bank loan data were issued for December 1932. See special note below on foreclosures.t Revised series. See p. 20 of the October 1933 issue, Magazine lineage.§ Index as of May 1, 1935, 194.1.• Compiled by the Federal Home Loan Bank Board and represent the number of foreclosures on all types of properties in 1,013 identical communities in 48 States;

having 53 percent of the population of the United States. Data prior to October 1933 not published. Comparable annual totals for 1926, 65,857; 1932, 210,821; and 1933,209,003. Data were not compiled for other years. Months subsequent to September 1934 were computed by means of a link relative to keep series comparable since thefigures for these months are from a slightly different number of communities.

a Revised.

186341—35- 4



1935

April

1934


berDecem-

ber

1935


DOMESTIC TRADE—ContinuedADVERTISING—Continued |

Newspaper advertising: |Lineage, total (52 cities)0 thous. of lines.-: 112,803

Classified thous. of lines-;Display - thous. of lines—|

Automotive thous. of lines..Financial thous. of lines--General thous. of lines..Retail thous. of lines—

GOODS IN WAREHOUSESSpace occupied, public merchandising ware-

houses percent of total—

19, 84492,9607,4671,894

20, 31363, 286

2,3

3,80536, 700

12, 44494, 393

26, 7753,110

116.478.5

104

"92.9«90.6

2,384132

11, 518734

6,441232

3,027205

2,576186

22, 3821, 960

3,458357

7, 663467

17, 5971,478

107, 49117, 80889, 6838,1801,808

20,18359, 512

65.9

112,12217,93294,190

9,2961,481

21, 79861,616

66.0

2,393 I 2,320

3,51934, 225

10, 47685, 2192,118

23,8862,823

246,861

3,55334,097

11, 25789, 6842,219

25, 9812,879

103, 64618, 68984, 9579,5031,528

19, 53154, 395

70.1

87.959.0

92

103

82 j

82.5 i87.2 ;

1,903 j133 !

10,146 i724 ;

5,732 !230 j

2,582 I204 |

2,060 i180 j

19, 7881,944

3,541372

78.155.5

90

" 5, 952457

15, 4751,465

17.3

41.673836472737670707260816770

82

90.090.0

2,218132

11, 680723

6,096230

2,745204

2,367181

22,0051,946

3,475373

7,180457

17, 0861,467

17.5

43.677837178797774757365977571

2,048

454,193

2,013 i 1,788 2,140

511,006 487, 707 580, 239

3,27032, 670

9,78483, 7272,043

21,4192,661

73.967.0

3,28632, 795

10, 25388, 0452,299 I

23,198 !2,758 !

I

93

85

79.789.5

1,840131

9,472 |724 j

5,336 I227 i

|2,365 !200

2,076181

19, 5151,949

3,265372

5,743458

13,9671,465

15.0

40.7515845515053484753435943

63.156.0

93

97

87

79.990.3

1,974132

10, 252726

5,574227

2,419195

2,118181

20, 7951,951

3,623372

6, 295458

16,1191,467

16.0

38.960705466595964646048735874

3,13831, 753

10, 37587, 9762,507

23,527 i2,664 i

51.9 !53.0 !

85.589.5

2,081131

10,414727

5, 685227

2,390194 i

2,105181

21, 3421,954

3, 520369

6, 572461

19,9841,468

15.6

39.07990

102, 3902,267

25,8252,825

39.263.0

101, 6995,567

33,1643,930

27.749.0

93

102

85

92.991.5 |

2,289 !

130

11,285731

6,182232

2,658194

2,426185

22, 3321,956 |

3,444365 i

7,494464

21,3811,473

16.7

44.1839173787492787689701027883

94

163.988.9

4,446130

21, 213731

12,412232

5,526194

4,471186

39,5661,954

3,766367

14, 212465

29,3001,474

16.5

43.9135146122126122146129117137115172117144

90, 7102,217

25,8273,112

51.575.0

67.290.2

1,557128

732

4,762232

2,148207

1,803186

17,1481, 955

3,418361

5,166465

12, 9051,474

16.4

45.759615861586055615844655366

82, 7172,148

24,1182,907

72.786.5

96

75.890.8

1,609128

8,975732

4,968 j232

2,317205

1,891186

18, 2191,956

3,193359

5,571465

12,0391,474

16.3

41.661704762567061556046645367

!,82295, 674

NEW INCORPORATIONSBusiness incorporations (4 States)—number. _

POSTAL BUSINESSAir mail, mile performance*_thous. of pounds..Money orders:

Domestic, issued (50 cities):Number thousands..Value thous. of dol—

Domestic, paid (50 cities):Number thousands--Value thous. of dol—

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

50 selected cities thous. of dol..50 industrial cities ...thous. of dol—

RETAIL TRADEAutomobiles:*

New passenger car sales:Unadjusted ..1929-31 = 100. _Adjusted 1929-31 = 100..

Chain store sales: |Chain Store Age index:*f j

Combined index (18 companies) tav. same month 1929-31 = 100—

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

Grocery (5 companies) tav. same month 1929-31 = 100..

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

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

S. S. Kresge Co.:Sales thous. of dol—Stores operated number..

S. H. Kress & Co.:Sales thous. of dol._Stores operated number.,

McCrory Stores Corp.:Sales thous. of dol—Stores operated number..

G. C. Murphy Co.:Sales thous. of dol..Stores operated number..

F. W. Woolworth Co.:Sales thous. of dol—Stores operated number..

Restaurant chains (3 companies):Sales _ thous. of dol_.Stores'operated number..

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

Sales thous. of dol._Stores operated number..

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

Department stores:Collections:*

Installment accountpercent of accounts receivable..

Open accountpercent of accounts receivable..

Sales, total value, unadjusted-^ 1923-25 =100..Atlanta* 1923-25= 100—Boston . 1923-25=100Chicago*! .-1923-25=100..Cleveland* 1923-25 = 100..Dallas*... ..-1923-25=100.Kansas City .1923-25=100.Minneapolis* ..1929=100.New York*.. -—1925-27=100. _Philadelphia* 1923-25=100.Richmond ...1923-25=100..St. Louis ..1923-25=100San Francisco* 1923-25=100.0 Revised. » Preliminary* New series. For description of Chain Store Age indexes see p. 19 of the December 1932 issue. Comparable data of H. L. Green Co., Inc., sales prior to July 1933 not

available. For earlier data on automobiles see p. 19 of the April 1934 issue and variety store sales p. 18 of the March 1934 issue. Data prior to October 1933 on collectionsnot published. Data are currently being received from about 400 stores on open accounts and about 250 on installment accounts. New series on air mail not available priorto May 1934. Series on basis of weight carried was published in the Survey for the period February 1926 to December 1933. For earlier data on department store sales byFederal Reserve districts, see p. 20 of the February 1935 issue excepting Chicago, for which see note below. Note that the combined index of department store sales is com-puted by the Federal Reserve Board and the district indexes are computed by the Federal Reserve banks. For districts not marked by an asterisk the series are aspublished in the 1932 Annual Supplement and subsequent issues.

t Revised series. For revisions refer to the indicated pages of the monthly issues as follows: Apparel sales index of Chain Store Age, p. 26, October 1933. Combinedindex and grocery index of Chain Store Age have been revised for period January 1932 through August 1934. See footnote on p. 26 of the November 1934 issue. For revisedindex of department store sales in the Chicago Federal Reserve district see p. 19 of the April 1935 issue.

• New York Evening Post series on newspaper advertising in 22 cities is available for the period 1916 through January 1933. See the 1932 annual supplement andmonthly issues prior to December 1934.

5 Monthly data from July 1933 through Feb. 1934 will be shown in a subsequent issue.A This series is shown on p. 20 from 1919 to date.

2,185

374, 591

3,45233, 896

10,95388,0882,422

23,8992,769

84.663.5

92

91

84

86.390.8

2,287131

11, 523724

5,757229

2,820202

2,466181

22, 0001.949

7,361458

16, 7971,465

16.0 j

43.370747073706863697064906265

83,18316, 47566,7097,0761,718

15, 27942, 636

87, 69217, 79069,9026,5141,219

13, 76948, 401

66.0

96,37817,93678,4424,8411,19316,10356,305

63.?

108, 81018, 60590, 2053,9171,65322, 03962, 595

63.2

3,91536, 639

12, 620111,7561,985

27, 5273,106

47.359.0

92

101

85

91.390.0

2,327130

11,499728

6,367230

2,777194

2, 481184

23, 3041,954

3, 725368

7,822462

21, 2421,469

17.1

44.3829182797185818588721127481

106, 99917, 41489, 5853,5921,285

19, 09565, 614

65.7

2,092

516, 205

4,39434, 306

12, 049

105, 66917, 38988, 2803,9201,43213, 48269, 446

67.1

2,106

581, 405

4,04038, 328

13, 142

88, 05515, 78172, 2746,2602,08314, 98948, 942

66.3

2,608

508, 804

3,78036,429

11,916

85, 43015, 32370, 1084,1831,45016, 93947, 535

65.2

2,159

528, 398

3,62533,812

10, 777

110,19,90,5,2,20,62,

6

2,

3,36,

12,

64.4

27, 3133,049

' 100. 294.5

96

•105

78.193.0

1,981129

10, 328734

5,472232

2,667205

2,266186

20, 4831,960

3,562359

6,953

15, 5071,474

18.0

43.97184



1935

April

1934

April May June July August SeDtem-ber October No™r

m- Decem-ber

1935


DOMESTIC TRADE—Continued

RETAIL TRADE— Continued

Department stores— Continued.Sales, total value, adjusted0... 1923-25=100..

Atlanta* 1923-25=100..Chicago*t 1923-25=100..Cleveland* 1923-25=100 .Dallas* 1923-25=100..Minneapolis* 1929=100New York*... _ ...1925-27 =100..Philadelphia* 1923-25 = 100. .San Francisco* 1923-25 = 100. .

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

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

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

Montgomery Ward & Co thous. of dol..Sears, Roebuck & Co. thous. of dol..

Rural sales of general merchandise'*Unadjusted- ...1929-31 = 100..Adjusted 1929-31 = 100..

a 738476698072746583

72

6664

59, 64425, 57134, 073

97.0101.0

748473688168776273

6.5

6865

46, 03720, 87225, 165

70.873.8

778276747474776773

7.5

6866

51, 07220, 93530, 137

74.979.7

748274727371736774

6.1

6365

46 33019, 26627, 064

68.372.3

738370667661715973

7.6

5964

37 38715, 89121, 496

58.275.5

779082708274786376

12.2

6164

44 13418, 91525, 219

68.179.2

759678688675756678

8.5

6764

52 99723, 09329, 904

97.998.8

737672677472776378

8.5

7164

64 13429, 70434, 430

108.789.1

748071707977765881

7.3

7465

60 59526, 90133, 694

110.489.8

788675748978786583

4.7

6064

76, 63134, 68441, 947

134.294.5

747776777269735479

9.2

5764

41, 19417, 41823, 776

72.687.5

7580796883

0 73725680

9.3

6164

41,57317, 90523, 668

82.090.6

8291837986

a 79

776679

7.8

6563

a 54 76322, 783

a 31, 980

90.697.4

EMPLOYMENT CONDITIONS AND WAGES

EMPLOYMENT

Factory, unadjusted (B. L. S.)*_.1923-25=100..Chemicals and products 1923-25= 100_.

Chemicals 1923-25=100..Druggists' preparations 1923-25= 100Paints and varnishes 1923-25=100Petroleum refining 1923-25 =100Rayon and products 1923-25= 100. .

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

Iron and steel and products... 1923-25 =100..Blast furnaces and steel works. 1923-25 = 100. _Structural and metal work._.1923-25=100..Tin cans, etc 1923-25=100

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

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

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

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

Metals, nonferrous 1923-25= 100. _Aluminum manufactures 1923-25 = 100. .Brass, bronze, copper prod... 1923-25 =100. _Stamped and enamel ware.. .1923-25 =100..

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

Railroad repair shops 1923-25=100..Electric railroad 1923-25=100Steam railroad.. _ ..1923-25= 100

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

Stone, clay, and glass products. 1923-25 =100..Brick, tile, and terra cotta 1923-25= 100. .Cement 1923-25=100Glass 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 _ . 1923-25-100Cars, electric and steam 1923-25=100..Shipbuilding 1923-25=100

Factory adjusted (F. R, B.)* 1923-25=100..Chemicals and products 1923-25=100..

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

Food and products 1923-25 = 100Baking 1923-25=100Slaughtering, meat packing__1923-25=100._

Iron and steel and products 1923-25=100..Blast furnaces and steel works.1923-25 = 100. .Structural and metal work.. .1923-25= 100..Tin cans, etc 1923-25=100..

82.4111.5106.998.9

109.2108.3334.994.7

111.8156.081.572.173.555.888.391.590.894.551.768.639.734.899.285.197.070.9

74.3182.480.966.681.897.696.9

109.852.965.652.082.174.953.227.650.094.297.293.3

101.856.8

104.9119.959.174.982.3

108.1106.3100.7108.8108.3334.9101.4113.684.271.072.056.487.9

82.4113.3110.8100.6102.6107.8319.097.2

111.2156.692.472.672.956.0oo 292.392.293 249.460.839.434.3

101.280.387.263.7

71.6200.276.982.279.194.095.1

106.857.866.357.290.082.155.330.548.095.999.196.8

100.064.799.4

114.946.271.7

«82.3109.4110.1102.4102.2107.8319.0104.0113.095.471.571.456.787.8

82.5106.1111.297.7

107.4109.5267.799.6

113.2169.196. 775.276.858.591.291.491.392.151.061.340.436.1

102.481.383.065.4

73.6201. 277.878.181.295.695.9

107.259.666.759.189.182.757.733.157.695. 196.194.994.761.399.7

114.450.673.1

«82.6107.9113.1101.3103.6109.7267. 7106.4113.297.974.375.758.990.3

81.1104.5111.796.9

106. 1111.4273.8105.1114.6183.0101.476.479.159.796.787.786.891.550.062.437.935.198.680.873.366.2

73.1206.075.976.078.293.094.7

106.059.866.759.385.681.757.134.459.193.690.989.989.362.495.6

106.857.876.6

•81.5108.9113.9101.4102.2110.4273.8107.3113.4101.976.379.359.493.4

78.7105.3112.393.8

101.2111.7296.8110. 1116.3188.9103.570.372.459.099.689.489.091.548.862.037.033.897.379.069.365.1

69.5205.073.167.575.090.393.4

104.858.366.357.783.977.454.231.758.489.185.987.079.861.188.498.455.869.2

«79.5109.6115.199.0

101.4109.3296.8106. 7114.6104.171.473.457.895.8

II

79.5106.9110.998.699. 1

113.4304.2122.1115.8185.8112.468.669.759.099.191.191.988.449.062.936.233.998.378.966.865.3

69.0217.573.467.772.787.193.8

104.855.266.054.480.773.953.131.855.087.688.285.690.165.183.792.551.771.279.3

110.9114.9100.6101.8111.3304.2110.8115.4114.768.870.357.692.4

75.8108.6108.0103.098.8

112.9305.5127.1115.7176.7121.266.065.358.6

101.085.785.586.849 365.034.634.196.278.067.865.9

66.8219.973.257.570.884.495.3

105.455.765.755.078.470.452.930.454.087.373.162.095.564.774.280.944.871.373.9

108.2108.5100.8100.0110.9305. 5110.5113 7122.465.465.457.095.3

78.4109.4106.5106.899 6

112.9307.0119.5116.1168.2117.666.065.457.193 983.482 388.249 566 536.333.989 377.972.965.0

66.4222.875.161.871.082.996.4

106.653.965. 153.177.469.451.929.950.786 192.389.794 465.364.268 736.671.2

«76.8107.5105.3102.199.3

113.1307.0109.3114 3116.765.665.955.894.1

j

76.8108.6104.4105.599.7

111.9320.8109.0115.4151.9109.366.265.957.989.681.679 889.248 665.236.332.892.477.979.665.4

66.0214.576.062.572.083.996.8

106.951.665.750.576.668.752.229.948.288.590,989.789.664. 062.267. 132.469.376.7

107.2102.3101.8100.5113.0320.8107.3113.6108.266.466.757.893.6

78.0108.8103.9102.899 5

110.8329.5103.8115.4148.7105.566.666.957.685.584.882 992.747 865.036.731.692.978.583.865.6

66.8207.976.962.274.087.597.5

107.452.065.551.079.071.950.128.041.687 492.894.086 061.978.488.934.068.578.9

108.1101.8101.3101.1112.1329.5107.9115.4101.167.768.058.188.9

78.7108.4103.0101.398.7

109.0338.094.4

106.7144.694.367.869.455.985.088.387.094.047.164.135.930.995.679.689.665.9

69.2191.475.961.275.489.195.6

106.851.665.350.681.874.747.224.837.286.595.295.889.456.592.4

108.134.268.380.5

108.4101.699.1

101.0111.1338.0104.8109.091.669.469.957.490.8

81.2109.4102.8102.4102.2107.3346.893.8

111.3145. 787.270.772.953.885.491.690 795.649 466.937.932.796.382.192.767.5

72.0186.079.265.080.894.396.7

108.752.965.951.983.275.749.625.737.891.798.497.296.857.3

100.9117.543.672.881.9

108.6101.2101.4102.3108.7346.8105.0113.885.770.672.255.389.2

82.4112.7103.498.9

104.2107.9348. 992.7

110.9151.382.9

« 71. 874.0

«55.086.492.792.195.550.669.138.333.599.784.1

101.369.2

73.5189.080.566.982.097.096.9

109. 753.665.852.783.3

«75. 151.527.641.693.799.296.4

101.457.8

0 103. 6119.552.2

a 74. 982.4

110.7102.396.8

103.4109. 0348.9102.8113.284. 9

"70.872.4

a 56. 389.2

0 Revised.* New series. For earlier data on factory employment unadjusted in detail, see pp. 16 to 18, inclusive, of the June 1934 issue. See pp. 16 and 19 of the July 1934 issue

for factory employment adjusted total and in detail, and unadjusted total. See p. 20 of the December 1934 issue for rural general merchandise sales. For earlier data ondepartment-store sales see, p. 20 of the February 1935 issue, except for Chicago. Note that adjusted indexes are not available for the Federal Reserve districts not shownNote also that the combined index (adjusted) is computed by the Federal Reserve Board and the district adjusted indexes are computed by the Federal Reserve banks

t Data for Chicago department-store sales completely revised, see p. 19 of the April 1935 issue.• The adjusted index of department store sales (total value) has been revised by the Federal Reserve Board for the years 1929 through 1934. Revised indexes not shown

above appear on p. 20 of this issue.


Monthly statistics through December 1S31, | 1935together with explanatory footnotes and refer- iences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey April

1934

April May j June July ! August her October Novem-ber

Decem-ber

1935

January i arvU~ March

EMPLOYMENT CONDITIONS AND WAGES—ContinuedEMPLOYMENT— Continued

Factory adjusted— Continued.Leather and products .1923-25=100 .

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

Lumber and products _ _ _ -1923-25=100 .Furniture _ .1923-25=100. .Mill work 1923-25 - 1 00Sawmills _ .1923-25 = 100 .

Machinery 1923-25 = 100—Agricultural implements 1923-25 = 100..Electrical machinery, etc 1923-25 = 100. .F o u n d r y and machine-shop products

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

Metals, nonferrous _ 1923-25 =100__Brass, bronze, copper prod.. .1923-25 = 100. .Stamped and enamel ware.. .1923-25= 100_.

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

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

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

Stone, clay, and glass products.l923-25 = 100_.Brick, tile, and terra cotta_. .1923-25= 100—Cement 1923-25 = 100Glass 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..Cars, electric and steam 1923-25 = 100. _Shipbuilding 1923-25=100 .

Factory, by cities and States:Cities:

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

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

Nonmanufacturing (Dept. of Labor}-.Mining:

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

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

Trade:Retail f .1919=100..Wholesale f- - 1929 = 100

Miscellaneous:Banks, brokerage houses, etc.*!-1929=100._Dyeing and cleaning*! 1929=100 .Hotels 1929—100Laundries*! 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..Trades-union members employed:

All trades percent of totalBuilding trades* percent of totalMetal trades* percent of total. _Printing trades* percent of totalAll other trades* . percent of total

On full time, all trades.. .percent of total..

92.291 794.352.471.139.435.086.091. 670.9

73.1231.279.980.494.997.3

109.852. 665.651.681.973.652.727.450.392.796.092.799.257.799.2

113.554.770.3

83.469. 388.7

110.893.174.988.368.3

84.375.6

114.071.790.774.574.894.975.985.1

52.674.346.074.945.3

71.482.669.7

83.683.2

(3)79.985 580.0

24.7

.79

282 740147, 256135, 484

745, 345100, 949

996

7943

o 77a 86

8657

93.093.193.0 :

50.063.0 !39.234.5 i81.5 !82.363.7

70.4253,776.077., 791,495.5

106., 857,466. 356. 890.480.754.730.348.294.497.896.197.365.794.0

108.842.867.3

84.665.188. 5

112.781.674.784.567.0

93 070.4

108.973.690.374.873.291.975.679.6

58.272.241 774. 048.7

72 282 470.2

82. 582.1

(3)79.9

°86 680! 5

24.5

.80

345, 278209, 167136, 111

680, 02683, 8501,033

764272828453

94.094,293.451.364.539.935.682.080.565.4

72.4239.478.280.794.396.5

107.259.266.758.787.578.956.231.355.993.496.094.894.861.691.2

104.146.170.9

84.566.987.5

100.586.273.383.369.2

92.472.1

111.072.489.476.472.193.875.584.1

63.876.740.876.754.3

72.683.170.2

82.982.8

(3)84.385 782.1

31.7

.92

466, 504299, 133167, 371

894, 96885, 9391,061

764375838452

91.490.993.849.864.737.434.281.273.866.2

72.3227.476.878.792.995.5

106. 059.466.758.883.276.754.932.055.490.592.291.190.862.790.6

101.153. 275.7

81.967.786.783.185.170.582.970.8

94.772.7

111.768.287.676.971.093.375.684.1

57.576.741.080.056.6

73 284.070.4

82.682.3

(3)84.986 284.0

38.0

1.02

545, 013374, 056170, 957

696, 97787, 196

1,071

754578838149

88.987.7 !94.1 i48.864.936.733.179. 173.265.1

69.5 ;

213.575.175.891.494.4

104. 858.066.357.482.874.053.929.354. 392.890.290.685.561.885.895.552.170.8

81.667.282.683.982.668.182.368.4

93.571.5

106.766.587.076.569.789.074.485.7

53.677.039 981.655.6

73 185.071.0

79.082.2

(3)80.586 384.6

30.5

.87

549 203380, 701168, 502

702, 03787,9781,065

724376837848

87.9 !87.5 i89.748.4 !

62.8 i35.733.078.170.565.3 i

68.9197.774.973.389.195.0

104.855.066.054.282.073.852.029. 451.689.191.389.092.465.483.792.349.275.3

80.167.979.670.281.071.883.868.9

89.672.9

108.567.286.277.070.487.674.582.4

49.577.142 782.754.7

72 885.671.0

77.882.5

(3)78.686 283.7

26.6

88

531 034350, 764180, 270

707, 54691, 065

1,048

7240

827848

82.481.486.748.063.034.333.075. 772.465.9

66.6164. 773.671.685.895.6

105. 455.465.754.779.071.751.128.750.985.372.962.793. 462.975.582.143.976. 0

80.670.176.764.277.575. 182.165.3

91.274.2

108.956.586.776.771.484.472.980.9

56.978.242.381.853.3

72 585.870.9

81.783.5

(3)80.084 482.9

26.4

.94

498, 151309, 745188, 406

713, 66292, 557

1,035

75427583S352

81.479.788.347.761.236.033.375.876.465.0

66. 9157. 174.171.982.896.0

106. 653.765.152.878.171.850.029.248. S81.790.788.891.362.569.374.738.270.1

79.469.376.350.276.975.684.666.6

91.673.5

111.867.685.476.072.081.975.080.2

58.579.343.379.551.8

72 285.870.3

82.684.3

(3)80.384 281.7

25.1

.80

450 322281, 087169, 235

715, 60693, 3221,028

764473838453

83.482.388.647.360.736.332.677.282.165.4

67.3175. 574.972.884.095.4

106.951.765.750.777.071.051.930.047.887.490.288.290.861.170.477.435.972.1

78.265.974.862.479.474 186.265.8

86.270.3

113 066 685.575.070. 983.074.479.5

60.779.843 278.849.5

71 885 569.9

83.785.1

(3)75.883 780.3

24.7

.66

426 603267, 152159, 451

707, 30793, 827

995

4473838149

88.988.192.347.862.937.332.279.284.165.6

68.4203.876. 174.588.495.8

107.452.165.551.179.574.451.229.543.987.892.192 487.461.684.496. 637.068.5

77.366.078. 691.284.073.688.466.3

84.669.9

111.869.085.575.371.185.375.080.6

61.679.744 478.742.1

71 083.669.7

91.185.0

(3)72.483 379.5

21.6

.65

323 700189, 020134,680

707 60694, 050

, 977

73i 43

7484

i 7948

89.188.492.348.866.437.032.481.486.765.9

70.3227.376.875.892.094.9

106.852.465.351.483.477.051.728.241.994.095.194.891.360.793.5

109.238.366.3

75.765. 683. 9

108.386.970.786.565.5

84.469.9

109.370.084.973.170.687.374.381.3

62.980.044 374.936.9

71 282.770.5

79.584.2

(3)70.385 479.6

17.5

.65

240 414120, 131120 283

710 34794, 389

976

744075838051

89.788.9 !93.2 !50.867.638.434.283.187.167.5

71.8226.878.379.393.296.4

108.753.665.952.783.876.452.429.642.494.196.695.694.757.798.4

114.146.969.3

78.468.386.4

109.590.073.489.567.4

83.273.1

110.271.687.973.873.191.376.184.0

64.481.144 374.237.3

71 082 270.0

79.284.6

(3)69 686 779.6

18.3

.68

221 40699, 197

122, 209

715 90195, 517

"985

763975858354

90.589 993.351.970.338.834.685.694.769.2

72.6252.779.079.893.496.7

109.753.865.853.0

a 84 40 76. 6

52.429.944.492.996. 694.696. 958.2

"99.4114.452.6

a71. 1

80.268.687.6

110 291.675 288.868.4

82 674.3

113 372. 389.374.974.3

« 94. 177.185.7

51.481.645 074.040.5

71 382 269.8

«S0.284.0

(3)72.586 579.7

18.4

.72

217 539109, 390108 149

720 27997, 388

997

784176858555

« Revised. s Not available.* For earlier data see the following references: Employment in Baltimore, Milwaukee, Maryland, and Massachusetts, and Federal civilian employment, total United

States, pp. 18 and 19, December 1932; employment in banks and brokerage houses, etc., Federal and State highway employment, dyeing and cleaning establishments, andlaundries and employment in Chicago, pp. 19 and 20, June 1933; Pittsburgh employment, p. 18, January 1934; Cleveland employment, p. 19, July 1934; trades-union membersemployed, p. 18, of the December 1932 issue.

! For revised data refer to the indicated pages as follows: Employment in Delaware, New Jersey, Pennsylvania, and Philadelphia, p. 19, September 1933; for revisions ofyears 1930-34 for those series and for the city of Pittsburgh, see p. '20 of the March 1935 issue; for Massachusetts, employment for 1931, p. 19, August 1933. Employmentin banks, brokerage houses, etc., for 1932, p. 28, January 1934. Employment in laundries and dyeing and cleaning establishments, p. 20, August 1934. For revised data onemployment in wholesale and retail trade for 1929-34, see p. 20 of the March 1935 issue.

• Figures represent the condition as of the end of the month shown. They have been pushed back from the data published as of the first of the following month by theDepartment of Agriculture. This method was followed since September 1932. Figures shown previous to that date in the Survey are as of the first of the month.

A Data revised for years 1932-34, inclusive. Revisions prior to March 1934 will appear in a subsequent issue.


Monthly statistics through December 1931, jtogether with explanatory footnotes and refer- jences to the sources of the data, may be found jin the 1932 Annual Supplement to the Survey i

1935

April

1934

April | May I June | July August Sep^m- October

1935


EMPLOYMENT CONDITIONS AND WAGES—-Continued

LABOK CONDITIONSHours of work per week in factories:*fU

Actual, average per wage earner —hours—Industrial disputes.§

Disputes (in progress) ..number..Man-days lost number..Workers involved (in progress). number--

Labor turn-over: fAccessions percent of no. on pay roll..Separations:

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

36.7

3021,283,000

125,000

3.63

.202.60

35.9

2812,517,749

199, 580

5.18

.232.041.11

35.5 i 35.4 j1 265 11,676,265 !106,852 |

34.0

4.19 !

. 2 2 !3.65 !1.01 i

.183.48.94

3.71

.192.96.70

33.5

2551,735,672

122,144

3.24

.193.56.75

33.3

2334,029,155

486,798

3.61

,163.411. 55

62.290.0 i96.5 i89.9 j77.997.2

2J3.2105.1 I97.8 '

185.099.045. 544.041.893.678.779.176.133.542.723.122.151.358.168.350.2

50.3123.153.240.851.270.878.478.848.558.547.958.849.934.916.835.468.268.164.770.649.3 i70.476.5 i51.256.4

68.845.261.159,468.158.4

64.748.672.654.0'59. 356.957.360.7

39.750.427.061.234.0

62.879.974.0 i

58 089.992.192.375.896.3

215. 5109.399.6

167.0109. 241.137. 340.596 269^267.773.633.944.621.822.352.255.666.748.0

46.7127.054.041.448.766.780.379.645.656.944.956.147.634.716.133.967.457.549.170.950.352.354.340.057.0

46.156.760.866.450.3

65.148.673.046.659.057.353.157.8

47.051.425.959.732.4

62.479.3 ;72.2 !

260 i852.787102,971 ;

4.09 |

.19 !4.38 i.73 !

34.0

203841, 57098, 201

4.32

.153.78.62

PAY ROLLSFactory unadjusted (B. L. S.)*_. 1923-25 = 100,. 70.7 67.3 67.1 64.9 j 60.5

Chemicals and products.. 1923-25=100-. 95.7 92.3 88.3 88.11 88.7Chemicals 1923-25 = 100-. 96.2 95.8 94.4 96.1 96.6Druggists'preparations 1923-25 = 100.. 97.7 92.4 88.5 90.3 86.1Paints and varnishes........1923-25 = 100.. 'Petroleum refining 1923-25-100.. 96.5 92.0 9 2 . 7 ! 93.1 | 95.Eayori and products 1923-25 = 100.. 242.7 221.3 191.2 j 200.01 208.6

Food and products., 1923-25 = 100.. 85.5 83.1 87.2 91.9 | 95.6Baking 1923-25 = 100.. .Beverages 1923-25 = 100.. 153.6 150.9 167.0) 182.5 i 193.5Slaughtering, meat packing..!923-25 = 100- 74.3 76.1 80.7! 8 7 . 2 1 91.4

Iron and steel and products....1923-25 = 100.. 59.2 56.8 61.31 62.6 I 47.6Blast furnaces and steel works. 1923-25 = 100.. 62.1 59.4 66.1 68.9 I 47.9Structural and metal work...1923-25 = 100.. 39.6 37.6 41.5 42.7 | 40.6Tin cans, etc 1923-25 = 100.. 85.4 84.2 86.9 | 94.1 i 94.5

Leather and products 1923-25 = 100-. 79.1 82.1 78.9 j 72.9 77.2Boots and shoes 1923-25 = 100.. 75.1 81.8 77.6 | 70.5 76.2Leather 1923-25=100.. 91.4 81.9 82. O j 79.8 79.2

Lumber and products 1923-25=100.. 37.5 33.3 34.6 j 33.9 31.6Furniture 1923-25 = 100— 49.2 40.3 40.5 41.2 39.3Millwork - 1923-25 = 100.. 27.7 24.6 2 5 . 3 1 21.1 23.1Sawmills 1923-25 = 100.. 23.7 22.5 24.2 23.2 20.9Turpentine and rosin 1923-25 = 100— 57.9 53.7 51.4 51.0 50.3

Machinery .1923-25 = 100.. 67.6 60.5 62.2 61.6 I 58.5Agricultural implements 1923-25=100— 108.2 93.6 87.2 | 76.1 70.2Electrical machinery, etc 1923-25=100.. 58.4 47.8 49.9 51.8 49.8Foundry and machine shop products ! j

1923-25=100.. 58.0 54.4 56.8 i 55.5! 51.1Radios and phonographs 1923-25 = 100— 107.0 108.9 112.4 i 117.41 114.4

Metals, nonferrous 1923-25=100.. 64.4 58.9 60.6 57.9 53.6Aluminum manufactures 1923-25=100— 60.9 67.0 63.5! 59.1 43.8Brass, bronze, copper prod...1923-25= 100... 64.1 59.8 62.1 58.4 54.4Stamped and enamel ware... 1923-25 = 100- 89.6 80.8 83.6 80.1 72.9

Paper and printing 1923-25=100.. 84.6 °79.7 80.6 78.9 77.3Paper and pulp 1923-25 = 100— 87.3 81.3 79.8 78.5 77.1

Railroad repair shops 1923-25=100— 50.7 53.0 53.8 53.8 51.1Electric railroads- 1923-25=100.. 60.4 59.2 59.4 59.6 58.8Steam railroads 1923-25=100— 50.1 52.7 53.5 53.5 50.6

Rubber products 1923-25 = 100.. 70.8 73.4 70 .31 66.5 61.9Rubber tires and tubes 1923-25=100.. 65.4 67.6 64.5 81.11 55.9

Stone, clay, and glass products. 1923-25=100.. 39.3 38.8 39.5 38.8 | 36.1Brick, tile, and terracotta.. .1923-25=100.. 16.3 16.4 18.1 19.3 j 17.0Cement - 1923-25=100- 31.9 30.6 35.8 | 39.9 | 39.1Glass. „__ ..1923-25=100.- 82.7 80.8 75.8 | 73.4 i 69.5

Textiles and products 1923-25=100- 82.4 79.8 74.1 i 66.4 62.5Fabrics 1923-25=100.. 78.0 79.3 74.9 66.9 64.4Wearing apparel 1923-25=100- 86.4 76.1 68.1 61.7 55.3

Tobacco manufactures 1923-25=100.. 43.1 46.2 46.3 47.5 47.3Transportation equipment 1923-25=100— 102.7 92.4 88.3 78.5 66.0

Automobiles 1923-25 = 100- 117.1 107.4 100.4 85.8 70.7Cars, electric and steam 1923-25=100— 65.1 44.8 49.2 56.7 50.7Shipbuilding 1923-25=100- 62.2 53.9 60.0 60.2 55.6

Factory by cities: j ,Baltimore* 1929-31 = 100- 79.2 75.3 76.6 77.6 I 75.4Chicago*- - ..1925-27 = 100- 48.5 42.0 44.6 j 45.5 45.8 |Milwaukee* -1925-27=100— 78.5 59.7 64.8 i 65.8 61.8 INew York* ..1925-27 = 100— 63.7 60.9 59.2 j 56.2 55.3Philadelphia* t 1923-25=100.. 74.6 68.8 68.1 j 67.4 67.1Pittsburgh*! 1923-25 = 100.. 66.3 57.8 68.3 [ 68.6 62.9

Factory by States: IDelawaref 1923-25 = 100— 62.5 66.7 65.9 | 68.5 68.3Illinois A- 1925-27 = 100- 54.6 46.8 49.1 i 49.9 | 48.0Maryland* 1929-31 = 100.. 83.1 78.7 78.9 I 79.9 77.1Massachusetts** 1925-27 = 100.. 60.9 59.5 58.4 \ 53.9 53.2New Jerseyf 1923-25 = 100- 60.8 57.7 59. 4 i 59.6 58.1New York 1925-27=100.. 62.9 59.0 58.2 j 57.0 | 55.7Pennsylvania! ..1923-25=100- 62.6 59.3 82 .9 ! 61.7 i 55.5Wisconsin 1925-27 = 100- 69.7 59.6 63.9! 6 4 . 0 1 62.1

Nonmanufacturing (Department of Labor): j JMining: I |

Anthracite— 1929=100- 49.9 51.7 64.0 ! 53.3 j 42.3Bituminous coal 1929=100- 45.0 51.4 54.4! 55.1 i 49.7Metalliferous 1929=100.. 31.8 27.2 25.6! 2 6 . 7 1 25.1Petroleum, crude production.-.1929=100- 56.7 53.4 56.4 | 56.9 j 60.0Quarrying and nonmetallic. -1929=100.. 28.9 29.9 35. Oi 37.0 j 35.0

Public utilities: ! | jElectric railroads 1929 = 100- 63.3 62.9 63.0 63.2 ; 63.8 iPower and light 1929 = 100.. 79.0 76.8 77.6 77 .81 81.11Telephone and telegraph 1929=100-.! 73.11 68.8 j 71.41 71. 3 i 72. 3 j0 Revised.* For earlier data on the following subjects, refer to the indicated pages of the monthly issues as follows: Hours of work, p. 20, October 1932; pay rolls, Baltimore, p. 18,

December 1932; payrolls, Chicago, p. 20, June 1933; payrolls, Milwaukee, p. 18, December 1932; payrolls, New York, p. 20, June 1933; pay rolls, Philadelphia, p. 18, Decem-ber 1932; pay rolls, Pittsburgh, p. 18, January 1934; pay rolls, Maryland and Massachusetts, p. 18, December 1932. Data on factory pay-roll indexes, by classes shown on p.18 of June 1934 issue. See also p. 19, July 1934.

! Revised series. For revisions on the following subjects, refer to the indicated pages of the monthly issues as follows: pay rolls, Pennsylvania, Delaware, New Jersey, andPhiladelphia, p. 19, September 1933; for revisions of years 1930-34 for these series and for the city of Pittsburgh, see p. 20 of the March 1935 issue; pay rolls, Massachusetts,for1931, p. 19, August 1933. Hours of work per week in factories revised for 1933, see p 20 of the July 1034 issue. For labor turnover, see p. 20 of the April 1935 issue.

§ Data revised. Revisions will be shown in a subsequent issue.A Revised data on Illinois pay rolls from April 1929 to December 1932 will be shown in a subsequent issue.• Data revised for the years 1932 34, inclusive. Revision? prior to March 1934 will appear in a subsequent issue.1 Data revised for 1934. See pp. 29 and 56 of the May 1935 issue.

61.091.692.499.178.197.9

217.2103.498.3

157.2107.042.839.240.882.564.360.4 !76.9 !35.2 !47.2 i24.1 j22.6 !45.1 !57.0 i74.449.3

47.6137.857.551.149.570.482.783.246.857.146.258.349.635.516.932.469.474.773.173.449.049.752.034.456.2

66.246.458.861.870.854.7

67.749.870.552.158.857.257.260.8

48.357.628.260. 832.1

63.080.674.9

59.590.990.796.878.596.8

231.696.198.6

142.2100.744.241.741.279.461.054.682.033.644.524.021.347.957.285.750.0

46.6131. 558.853.851.371.982.782.044.457.443.558.150.435.616.529.472.071.172.564.148.848.451.330.054.0

67.743.760.759.672.553.7

61.647.472.550.958.356.156.460.2

51.258.328,559.029.4

61.879.672.2

35.0

198876, 29773, 481

6.14

.152.72.58

63.291.790.094.878.197.8

240.192.998.7

135. 098.447.646.539.279.669.163.786.533.345.924.620.050.260.291.252.2

49.7132.061.556.255.679.186.383.544.458.443.566.060.034.415.324.171.975.380.261.349.967.676.431.555.3

66.445.066.460.375.155.8

61.248.272.157.359.758.058.162.5

52.357.029.459.523.6

62.378.373.2

36.4

203865, 050100, 427

6.33

.182.10.76

64.191.690.896.879.495.2

245.483.389.6

133.484.051.953.939.580.776.472.588.531.743.523.019.152.760.897.552.4

51.5112.558.451.158.377.683.483.543.858.042.969.462.231.613.021.269.978.582.266.641.579.492.231.756.2

65.245.667.758.672.456.4

61.748.870.958.758.158.357.862.0

57.559.630.155.520.8

62.978.073.9

37.1

231868,000

94, 000

4.23

.181.88.73

69.193.291.097.983.795.3

252.383.493.7

137. 276.559.063.837.677.382.579.292.634.847.125.321.454.264.3

100.955.0

55.7103.263.458.763.286.884.186.848.059.747.271.965.834.815.022.175.684.584.579.540.894.7

110.343.459.7

72.048.473.460.974.464.1

62.852.778.060.859.560.961.967.3

64.366.129.954.922.2

63.178.372.9

36.6

1 1,069,000« 99,000

3.79

.172.32.75

°70.796.193.795.9

' 86.296.4

252.383.093.7

146.973.5

"59.3°63.3"38.7

83.384.180.794.236.349.725.822.452.366.9

113.757.2

57.5110.664.661.264.091.484.588.449.660.748.9

"70.6*62.7

37.416.325.081.386.883.388.544.3

*98.2112.754.5

•63.8

76.148.875.265.375.265.8

61.554.181.062.361.563.163.469.3

38.967.530.956.024.9

63.479.475.3



1935

April

1934

April i May June July August ^beT October Nberm"Decem-

ber

1935


EMPLOYMENT CONDITIONS AND WAGES — ContinuedPAY EOLLS— Continued

Nonmanufacturing (Department of Labor)— Con.Trade:

Retail f -1929=100-Wholesale f 1929=100

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

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

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

Skilled and semiskilled dollars-Unskilled - dollars .

Female _ _ dollars..All wage earners 1923 = 100..

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

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

All wage earners dollars--Male:

Skilled and semiskilled _ dollarsUnskilled dollars

Female dollars—Factory, weekly earnings, by States:

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

Miscellaneous data:Construction wage rates :*§

Common labor (E.NM.)-~dol. per hour...Skilled labor (E.N.R.) dol. per h o u r _ _ _

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

Railroads, wages dol. per hour..Road-building wages, common labor:#f

United States. .dol. per hour--East North Central . dol. per hour .East South Central dol per hourMiddle Atlantic dol. per hourMountain States . dol. per hour .New England dol. per hourPacific States dol. per hourSouth Atlantic dol per hourWest North Central dol. per hourWest South Central. -. dol. per hour..

Steel industryU.S. Steel Corporation dol. per hour _Youngstown district percent base scale..

62.564.8

(3)61.967.165.5

21. 93

24. 6217.8715.2182.4

79.980 288.2

. 598

.659

. 492

.434

78.377.384.891.384.182 480.5

. 5261.10

.40

.53

.30

.43

.56

.45

.55

.31

.46

.37

.485101.5

61.263.1

(3)60.866.564.4

20.90

23. 1 517. 1914. 7178.5

75.177 985.3

.£81

. 639

.481

.425

75.872.180.886.780.678 272.2

. 5341.08

.610

.43

.51

.30

.41

.55

.46

.57

.31

.41

.35

.485101.5

61.562.6

(3)65.165.966.9

20.80

23.2916.9114. 6178.2

75.675.984.7

.586

. 646

.485

.428

75.373. 680.787. 380.782.674.0

. 5341. 10

.600

43'.51.30.41.55.44.57.31.43.35

.485101.5

61.462.8

(3)64.166.268.3

20.71

23. 2017. 0614. 5777. 8

75.376.684.5

.586

.649

.480,429

76.374. 179.187.080.281.374.3

.5341.10

27.29.599

.43

.51

.30

.41

.55

.43

.57

.31

.42

.35

.485101.5

60.163.8

(3)58.965.668.2

19.90

22.3416.4314. 3374.8

72.573.783.1

.588

.650

.484

.429

77.172.680.085.379.874.469. 3

.5301.10

.596

.42

.50

.30

.41

.56

.43

.58

.32

.43

.34

.485101. 5

58.462.7

(3)56. 764.566.6

19.58

21.7215.9214.2373.6

70.571.582.5

.588

.650

.481

.425

76.3

80^386. 580.977.071.2

.5301. 11

.612

.41

.50

.30

.41

.56

.43

.58

.31

.45

.34

.485101.5

60.663.6

(»)59.064.365.9

19.55

21. 6215. 9814.1073.5

70.271.781.8

. 592

.654

.480

.430

75.470.782.586.480.274.069.4

. 5351.12

27. 83.629

.41

.50

.30

.42

.56

.44

.58

.32

.45

.34

. 485101. 5

61.964.5

(3)59.165.364.8

20. 00

22.4816. 2914.4375.2

73.073.183.7

.593

.656

.487

.428

78.072.877.186. 979.576. 973.5

. 5361. 12

.616

.41

.51

.30

.42

.55

.42

.58

.32

.46

.34

.485101. 5

61.964.2

(3)53.964. 963.7

20.12

22.6016.2314.3975.6

73.472.883.5

.594

. 658

.490

.428

75.472.376.487.379.176.773.0

.5391.12

.632

.41

.51

.30

.42

.55

.42

.57

.32

.47

.34

.485101.5

66.264.8

(3)51.164.963.3

20.74

23.0316. 5915.0877.9

74.774.587.5

.594

.656

.487

.428

76. 373.783.088.981.678.475.2

.5411.12

26. 69.636

.40

.52

.30

.42

.55

.42

.57

.32

.48

.34

.485101.5

59.763.9

(3)50.466.063.9

21.61

23.9517.6515.2181.2

77.879.288.2

.594

.656

.491

.430

77.174.483.889.182.678.174.3

.5381.11

.647

.39

.52

.30

.42

.55

.43

.57

.31

.47

.35

.485101.5

59.364.6

(3)49.867.864.1

22.09

24.6418.0315.4683.0

80.080.989.7

.595

.659

. 490

.431

79.677.184.990.483.381.478.4

.5241.10

.667

.39

.53

.30

.44

.55

.45

.55

.31

.47

.36

.485101.5

60.465.2

0053. 5

"68.264.6

21.86

24.2517.8515.4782.1

78.780.189.7

.597

.659

.494

.433

78.677.786.092.085.082.479.3

. 5241. 11

28.82

.39

.52

.30

.44

.55

.47

.55

.31

.46

.37

.485101.5

FINANCEBANKING

Acceptances and com'l paper outstanding:Bankers' acceptances, total mills, of dol. .

Held by Federal Reserve banks:For own account mills, of dol._For foreign correspondents mills, of dol._

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

Own bills mills, of dol—Purchased bills mills, of dol—

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

Agricultural loans outstanding:Farm mortgages:

Federal land banks mills, of dol—Joint stock -land banks J. __ mills, of dol .Land bank commissioner* mills, of dol —

Federal intermediate credit bank loans toand discounts for: A

Regional agricultural credit corp's andproduction credit ass'ns mills, of dol..

All other institutions mills, of dol—Other loans:

Agricultural marketing act revolving fundloans to cooperatives! mills, of dol—

Banks for cooperatives, incl. CentralBank* mills, of dol—

Emergency crop loans* (1921-1934)mills of dol. _

Prod. cred. ass'ns* mills, of dol—Regional ag. credit corp.* mills, of dol—

413

391178214

22175

1,976

697

12486

50

30

959778

613

34

536236299

70139

a 1, 503345259

10370

67

17

8414

145

569

3

50722628159

142

« 1,568335311

120.70

55

19

9028

143

534

2

48022026053

151

« 1, 650320379

12771

55

21

9139

138

516

1

472222250

42168

« 1,710306430

12873

55

21

9150

129

520

1

483222261

37188

a 1, 766295478

12574

55

23

9258

118

539

1

50322328035

192

« 1,811285516

11873

55

23

9161

107

562

1

51624527146

188

0 1, 848121552

10583

57

25

835897

561

517252265

44178

« 1, 886

587

10188

57

25

785891

543

1

49724325446

166

0 1,916

617

10090

55

28

786187

516

48523824730

171

« 1, 943

643

10088

54

28

776585

493 466

45221723541

177

« 1,961

665

10387

50

29

767182

...

42319722643

182

1,975

687

11586

50

28

758680

3 Not available. ° Revised. I Joint-stock land banks in liquidation. These figures will no longer be reported.* New series. For earlier data on the following subjects refer to the indicated pages of the monthly issues, as follows: Pay rolls, banks, brokerage houses, etc., p. 19,

June 1933; pay rolls in dyeing and cleaning establishments and laundrias, p. 19, June 1933; factory weekly earnings, p. 20, October 1932; factory hourly earnings, p. 18,December 1932; weekly earnings, Massachusetts, p. 18, December 1932: construction wage rates, p. 19, September 1933. Earlier data on additional series of agriculturalloans outstanding will be shown in a subsequent issue.

f Revised series. Tor revisions on the following subjects refer to the indicated pages of the monthly issues, as follows: Pay rolls of banks, brokerage houses, etc., for1932, p. 29, January 1934; Massachusetts weekly earnings for 1931, p. 19, August 1933 issue; pay rolls in laundries and dyeing and cleaning establishments, p. 20, August1934; factory weekly and hourly earnings revised for 1933, p. 20 of the July 1934 issue. Certain classes of loans included in figures shown through May 1934 have been re-classified by FCA and removed from the agricultural loan category. For revised data on pay rolls in wholesale and retail trade for 1929-34, inclusive, see p. 20 of the March1935 issue.

# Beginning with March 1932 method of computing rates was changed. Since this date, data are based on Federal aid and state projects; as on only Federal-aid projectsbefore this time.

T Increase in wage rates daring M irch 1934 was due to provisions of title E, sec. 201, pir. 2, item C of the National Recovery Act, which required State highway depart-ments to fix minimum wage scales.

§ Construction wage rates as of May 1, 1935, common labor, $0.523; skilled labor, $1.08.A Breakdown of figure shown in issues up to November 1934• Date revised for years 1932-34, inclusive. Revisions prior to March 1934 will appear in a subsequent issue.cT Data for 1934 revised. See pp 30 and 56 of the May 1935 issue.

June 1935 SUEVEY OF CUREENT BUSINESS 31


1935

April April May June July

1934

August Septem-ber October Novem-

berDecem-

ber January

1935Febru-

ary March

FINANCE—Continued

31, 65115,90515,746

8052.40

881

184

31,23116,95314, 278

1,0882.99

56

2,4306,0145,7699,0965,0844,7153,15373.0

14, 8224,55610,993

7,324

7,953

2,485939

2,4314,8434,3037,9533,9823,5993,06068.8

12, 2214,4549,326

28,75714,65214,105

1,0163.00

30,14215,38814,754

1,0823.14

27,75213, 84213,910

9233.00

25, 70512, 28513,420

8742,68

24,00911,12212,888

8322.57

2,463531

2,4304,8994,6838,0284,0233, 7463,06969.1

12,4264,4559,280

2, 9607,696

387963

3,1123,234

64%

1.50434200

8,136 8,026

3,577

1.00l-l H1.505.002.50

U-l

5,158

1,200,407445,469

1,115782607211441281782797777124711034533103127

18,0642,6735,601382160234

1,474287363302527

1,8729,790117398761

4,924329

1,376

5,097

1,197,488806,163

1, 052102281632736381013261136691259882762095119

25, 7875,31910,300

22548986

1,6383,237126194601

3,70410,168

198609894

4,424278

1,2222,543

3,476

1.001

1.505.002.26

5,090

1,196,907730, 051

977992467327262610102710163211641092502468106

22, 5613,3509, 674

62331178

1,5791,334140348951

4, 7519, 537

80739

1,0043, 875175

1, 0912, 573

2,472525

2,4325,0224,8088,1754,1383,8403,10169.4

12, 5044,5019,723

8,014

3, 529

1.0094-11.505.002.00

5,134

1,197,920694,575

1,0339527962793241171247886591457912982264113

23,8683,9689, 581252344468

1,4121,703412432

1,3613,19710,319

152467

1,3573,957317802 j

3, 267 j

8,161

2,462522

2,4325.1544,9308,1614,2954,0293,07769.9

12, 7454,4889,889

8, 197

2,464523

2,4325,2205,1018,1974,3124,0523,13470.1

12, 9264,5109,906

8,220

2,464615

2,4315,1964,9808,2204, 2573,9343,16770.0

13, 0834,47110,017

7,873 7,802 7,794

3,358 3,247 3,047

1.0094-11.505.002.00

i.oo94-11.505.002.00

i.oo94-11.505.002.00

26,75012, 28614, 465

8272.62

153

8,229

2,455611

2,4305,2124,9898,2294,2624, COG3,16170.2

13, 4764,47410,030

6,639

5292, 8627,807

456986

3,0512,862

1.0094-11. 505.002.00

24, 75211,34313,409

8312.45

155

8,332

2,453611

2,4305,3175,1078,3324,3134,0813,21370.6

13, 6274,39210,059

6,715

5552,7897,705

452979

3,0173,257

H1.0094-11.505.002.00

30, 91515, 21415, 701

2.59

598

54

8,442

2,46367

2,4305,4015,1438,4424,4054,0963,22170.8

13, 6854,38810, 575

7,192

5832,8007,646

436977

3,0813,152

1.0094-11.505.002.00

30,06314, 99715, 066

8252.50

702

166

8,719

2,46167

2,4305,6805,4058,7194,8104,5433,08572.0

14, 0274,43410, 683

7,237

6012,8457,561

439971

3,0243,127

1.0094-11.505.002.00

25, 73012, 54913,181

8162.54

726

166

8,873

2,46566

2,4305,8075,5598,8734,8894,5873,15472.2

14,1754,44910,723

7,227

440965

2,9953,198

1.003/4

1.505.002.00

94-1

5,114

1,190,288643, 600

9129823542311372595408157986871251206893

19, 3264,4166,786309146138975766778192717

2, 7658, 124135870790

3,222123839

2,145

94-1

5,054

1,192,199596,937

929952375221132321653284597126965275196592

18,4603,4017, 489

22192220

1,2911,543175146998

2,9027, 569225714587

3, 505145943

1,449

4-1

5,145

1,192,764573, 022

7906421441993526911198251294166230316471

16, 4401,7357,467291178365

1,8921,737

85365673

1,8817,238177436504

3, 362320988

1,451

94-1

5,128

1,198,578559, 918

1,09111725862872428121130112716

1073352265116

19, 9684,4775,927

3826373

1, 654333139312418

2, 6979,564

57568994

4,087532

1,0542, 272

94-1

5,119

1,203,548550, 608

9231032233161030191273096597162106270125294

18, 3504,9886, 396

2023794

1,018342183316481

3,7056,966

5634

1,0272,567155

1,1171,461

94-1

5,154

1,207,428539, 547

9631002254257322614122976638655129274266088

19,9114,5037,578

3627173

1,652991281138350

3,7867,830

51478

1,7192,942311678

1,651

4-1

5,142 | 5,147

1,200,767 | a j 205,429508,312 10490, 653

1,1848926910325283715114388826137616432018118117

18,8245,3755,31915720959836818135132550

2,4238,130124580

1,4312,573158

1,7891,475

1,0051162291015932251084080660853128296247081

18,7384,7226,38316497315

1,2911,054180265784

2,2337,633

61421

1,0443,028327645

2,107

31,74415,89515, 849

7732.50

720

170

8,833

2,47158

2,4375,8255,5928,8334,8934,2473,16672.3

14, 0874,47610, 900

7,280

7022, 9187,609

436966

2,9743,233

1.00%

1.505.002.00

B ANKIN G-ContinuedBank debits, total mills, of doL.

New York City mills, of dol._Outside New York City mills, of doL.

Brokers' loans:Reported by N. Y. Stock Exch.mills, of doL.

Ratio to market value— ...percent.-By reporting member banks:

To brokers and dealers inN. Y.* mills, of dol-

To brokers and dealers out-side N. Y.* mills, of doL.

Federal Reserve banks:Assets, total mills, of dol-

Reserve bank credit outstandingmills, of doL.

Bills bought.... mills, of doL.Bills discounted mills, of dol._United States securities mills, of dol__

Reserves, total _..mills, of dol_.Gold reserves§ mills, of doL-

Liabilities, total mills, of doL.Deposits, total mills, of doL_

Member bank reserves mills, of dol._Notes in circulation mills, of dol_.

Reserve ratio.. percent-.Federal Reserve reporting member banks:*

Deposits:Net demand ..mills, of dol_.Time__ mills, of dol..

Investments .mills, of doL.U. S. Gov. direct obligations**

mills, of doL.U, S. Gov. guaranteed issues**

mills, of doL.Other securities* • mills, of dol._

Loans, total mills, of dol~Acceptances and commercial paper* *

mills, of doL-On real estate* * mills, of dol._On securities mills, of dol—Other loans* A. mills, of doL.

Interest rates:Acceptances, bankers' prime percent--Call loans, renewal percent.-Com'l paper, prime (4-6 mos.) percent--Discount rate, N. Y. F. R. Bank...percent--Federal land bank loans * ..percent--Intermediate credit bank loans percent--Real estate bonds, long term percent--Time loans, 90 days percent--

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

Bal. to credit of depositors, .thous. of doL.Balance on deposit in banks.thous. of doL.

FAILURESCommercial failures:

Total number..Agents and brokers _. number--Manufacturers, total . number.-

Chemicals, drugs, and paints..number..Foodstuffs and tobacco number--Leather and manufactures number--Lumber number..Metals and machinery number--Printing and engraving number..Stone, clay, and glass number--Textiles number--Miscellaneous number..

Traders, total number-Books and paper number..Chemicals, drugs, and paints..number._|Clothing number.. IFood and tobacco number..'General stores number..!Household furnishings number..!Miscellaneous number..

Liabilities, total thous. of dol..Agents and brokers thous. of doL_Manufacturers, total thous. of dol.-j

Chemicals, drugs, paints..thous. of doL-Foodstuffs and tobacco thous. of dol__Leather and manufactures.thous. of doL-Lumber thous. of dol._Metals and machinery thous. of doL.Printing and engraving thous. of dol._Stone, clay, and glass thous. of doL.Textiles thous. of dol_.Miscellaneous thous. of dol..

Traders, total thous. of dol_.Books and paper thous. of dol—Chemicals, drugs, paints.-thous. of dol—Clothing thous. of dol__Foods and tobacco thous. of doL_General stores thous. of dol__Household furnishings thous. of dol_. :Miscellaneous- thous. of doL.i 1,885

° Revised.* New series. Earlier data for Federal Reserve member banks shown on p. 18 of the January 1934 issue except as noted below. These data cover 90 cities and supersede

the previous data for 101 cities. They are available only from January 1932 to date. One additional city has been added in 1934 to offset the dropping of 1 bank whichdiscontinued reporting. New series on brokers' loans not available for periods not shown. For brokers' loans by reporting New York City member banks see November1934 and previous issues. See special notes below on Federal Reserve member bank loans and investments. For new series on interest rates of Federal land banks seep. 20 of the April 1935 issue.

§ Figures subsequent to December 1933 represent gold certificates on band and due from U. S. Treasury, plus redemption fund—Federal Reserve notes, $35,138,000 onFeb. 28, $32,748,000 on Mar. 31, $31,400,000 on Apr. 30, $30,000,000 on May 31, $25,724,000 on June 30, $24,056,000 on July 31, $24,000,000 on Aug. 31, $21,798,000 on Sept. 29,$22,032,000 on Oct. 31, $20,137,000 on Nov. 30, $19,060,000 on Dec. 31, 1934, $15,875,000 on Jan. 31, $16,299,000 on Feb. 28, $15,649,000 Mar. 31, and $20,520,000 on April 30,1935.

* These 3 series represent a break-down of the investment total." Monthly data previous to October 1934 not available.* Data on acceptances and commercial paper, on real estate and other loans represent a break-down of the "All other" loans total which has previously been shown.

If added, they give a total comparable to figures formerly presented.

3/4-l

5,185

1,202,539465, 375

97699

2236

179

332699

2493

654105686

293268796

18, 5235,0066,842

62135235

1,6781,761

83269670

1,9496,675

63525622

2, 730551744

1,440



1935

April

1934 1935

April May June July August ,»• October 1™De

bcerj~y

Febru-ary March

FINANCE—Continued

LIFE INSURANCE(Association of Life Insurance Presidents)

Assets, admitted, totalf mills, of dol__Mortgage loans mills, of dol

Farm _ mills, of dol._Otber mills of dol

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

Government mills, of dol-_Public utility mills, of dol—Railroad . _ mills, of dol_.Other mills, of dol- .

Policy loans and premium notes mills, of dol.Insurance written :f

Policies and certificates thousands..Group . _ thousands. _Industrial thousandsOrdinary thousands

Value, total . _. thous. of dol..Group thous. of dol—Industrial thous. of dol_.Ordinary thous of dol

Premium collections! - thous. of dol..Annuities . thous. of dol__Group.. ..thous. of dol..Industrial _ thous. of dol—Ordinary thous. of dol..

(Life Insurance Sales Research Bureau)

Insurance written, ordinary, total-mills, of dol-.Eastern district mills, of dol_.Far Western district mills, of doL.Southern district mills of dolWestern district mills, of dol_.

Lapse rates . 1925-26=100MONETARY STATISTICS

Foreign exchange rates :#Argentina... . dol. per gold peso-Belgium dol. per belga.-Brazil - . dol. per milreisCanada dol. per Canadian doL.Chile dol. per pesoEngland... _dol. per £__France. .. dol. per franc -_Germany .__ -dol. per reichsmark,.India dol. per rupee--Italy dol. per lira--Japan dol. per yen--Netherlands dol. per florinSpain — _dol. per peseta..Sweden dol. per krona-.Uruguay _ _ dol. per peso

G old and money:Gold:

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

Net release from earmark.thous. of doL-Exports thous. of doL_Imports thous. of dol

Net gold imports, including gold releasedfrom earmark <*• * thous. of doL-

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

Money in circulation, total mills, of doL.Silver:

Exports thous. of doL.Imports -thous. of doL-Price at New York dol. per fine oz_.Production, world * thous of fine oz

Canada thous. of fine ozMexico thous. of fine ozUnited States thous. of fine oz__

Stocks, refinery, end of month:United States. thous. of fine oz__Canada _. thous. of fine oz _NET CORPORATION PROFITS

(Quarterly)Profits, total t mills, of dol

Industrial and mercantile, total mills, of dol.Autos, parts and accessories mills, of dolFoods mills, of dolMetals and mining mills, of dol _Machinery mills, of dol..Oil mills, of dolSteel and railroad equip mills, of dolMiscellaneous mills, of dol .

Public utilities! mills, of dol _Railroads, class I (net railway operating

income) mills, of dol__Telephones (net op. income) -__mills. of dol—

1,15132

854265

733, 87037, 495

228, 188468 187252, 98229, 2318,580

54, 625160, 546

540226

5466

194

&.322.169.083.995.051

4.84.066.403.364.083.284. 675.137.249.802

8, 641

-2,30162

148,670

146, 307

97, 0805,500

1, 59311, 002

.67815,739

1,0016, 5002,699

2, 3722,513

17,4175,4571,1434,314

6,8682, 0221,7192,587

5402,915

1,17846

841291

794, 49562, 214

220, 366511 915245, 09925, 0308,255

52, 340159, 474

5812485567

211

fr.344234

!o861. 002.103

5.15.066. 396.388.086.303.679.137.266.806

7,736

-1,13337

54, 785

53,615865, 82297, 751

5, 365

1, 4251,955. 452

16 5191,0157, 8222, 389

11,8652,423

17, 4875,3981,1244,274

6,9192,0471,7272,586

5592,907

1,20134

868299

791. 54440, 989

226, 013524, 542244,28128, 7428,250

48, 018159, 271

588251

5668

213

«>. 340.234.086

1.002103

5.11.066.395.383.085.302.679.137. 263.806

7,759

4891, 780

35 362

34, 071S98 418101, 217

5, 355

1,6384,435.442

16, 1311,5437, 0652, 303

7,1742,449

17, 5565 3351,1014,234

7,0102.1161,7322,592

5702,898

1,13251

805276

762, 49057,812

211,473493 205246,414

29, 2667, 813

54, 523154,812

5562335866

199118

*. 337. 234.085

1. 008102

5.05.066.383.379.086.299. 678.137.260.803

7,821

9866,586

70 2Q1

64, 691868 12994, 439

5, 341

2,4045,431.452

14 871963

6, 4612, 312

7,9072,630

v 364 1TO 145 3

46 224 88.45.45 8

P 14 839.9

v 55.1

113.6x-50.1

17, 6595 2721,0784, 196

7,1332,2031,7402 606

5842,893

1,04226

766250

694, 25946, 795

202, 256445 208252, 57233, 2468,885

54, 072156, 369

4982134860

177

*> 336.234084

1 012103

5.04.066. 3S5.379086

.298678

. 133

. 260801

7, 893

588114

52 460

52, 934876, 094141, 910

5, 350

1, 7892- 458. 463

13 6671, 3595, 3211, 853

7,8652,402

17, 7255 2011,0474, 154

7 2002,2361, 7502 617

5972 889

1,07325

793255

699, 87939, 628

212, 380447 871234! 66233, 5018,350

49,111143, 700

484208

47f,Q

170

*>. 338.237085

1. 024103

5.07. 067.395.381.087.300.684. 138. 261.8^0

7,971

-1,05514, 5565 > 781

36, 170881 861

93, 2125, 355

1,74121, 926

.49015 4811,3786 5362,087

5.0682, 257

17, 7985 1411, 0234 118

7 3922 4071, 7542 (319

6>122 886

88016

654211

551 55621, 087

170, 935359 5'->4211,89222 7607,870

50, 772130, 490

4001624052

146

b 333.237083

1 099103

4.99OP>7

. 403

. 376OS 7

. 2986861S8

. 258812

7,971

2, 41922, 2553 585

—16, 251857 44°144,313

5, 427

1,42420, 831

. 49515 032

1,5126 0981, 7S6

5, 4652, 739

* 87. 420 ?24 06.43.89 5

<* 16 439. 946. 6

115,9

17, 8915 0771,0014 076

7 5172,5031, 7532 626

6302 880

1, 10425

821258

694,71836, 206

216, 439442 073245, 252?7, 1658,344

55, 301154, 442

4952134958

175

6 330.235

OS 21.021

1034.94.066. 405.371. 086.287681

, 137. 255806

7, 989

2602,173

13 010

11, 097885 697153, 887

5, 473

1, 16214, 425

15 5811, 0396 8212, 099

4, 4192, 593

17, 9824 997

9714 026

7 6032 5771,7842 630

6122 869

1,06121

784256

676 75728, 137

205, 463443 157236, 51436 7717,845

48, 392143, 506

4762064657

167

b 333233082

1 025104

4.99066

.402

.375085

.291676

. 137

.257

.802

8,047

-85310

121 199

120, 804878 847

96, 3655, 494

1, 69,815,011

.54315 3491,5176 2411, 976

9162,955

18, 0404 917

9503 967

7 8342 8041,7912 629

6102 868

1,26054

922284

838, 57671, 394

239, 873527 309367, 481

73, 5799,753

104, 056180, 093

5902515971

209135

&.33Q.234.082

1.013.102

4. 95.066.402.372. 085.288,676.137.255.802

8,' 191

71140

92, 249

92, 170866, 037119, 864

5,577

1,0148,711

.54415, 4621,1875, 8142, 917

1,1462,743

P58.9rfp 3.0P17.9^8.4

2.4J>8. 6

d 10. 5P35. 1P52. 1

119.3

18, 1764 877

9323 945

7 9482 8781,8052 630

6352 861

1,0512<*

744282

824 90327, 348

19G, 255601 300302, 19571 7979,864

52, 549167, 985

645305

5570

215

6.326.233082

1,002051

4.89.066.401.389.085.285. 675. 136.252.800

8,284

1, 131363

149, 755

150, 523890, 87598, 5905, 411

1,24819, 085

.544a 16, 570

1,5316, 8922,722

1, 3693, 452

18, 247

917

1,812

1, 054

20, 388209,017

244, 330

8, 78553, 512

154, 681

53423153

189

b one

.233

QOQ

4.87066

.401

. 368QQK

.2846"6

' 137.251

801

8, 465

23646

1 99 R1 7

123,0078^1 *M679, 5645,439

1, 66116 351

. 546o 14 035

90=)5 ^003,411

1,6143 144

18, 3024 767

8983 867

8 0973 0131,8292 637

6182 846

1, 185

892269

768 49130,611

235, 261509 619252,45626 60510, 11454, 257

161,480

545233

5464

194

b 318.228

082991051

4.78066

.404

.360083

.280680

. 137

.246

.805

8, 552

-661540

13 543

12, 342882 309117,786

5,477

3,12820, 842

.590"16, 063

9666, 5002, 950

1,8533, 106

A Or exports (—). ° Revised. d Deficit. * Preliminaryft Quotation based on paper peso Dec. 10, 1933, instead of gold peso as formerly. Former equivalent to 44 percent of latter. See note on p. 56 of the March 1934 issue.* New series superseding old series which covered the physical movement only. For earlier data see p. 20 of December 1932 issue, net gold imports.t Revised series. For earlier data see pp. 18 and 20 of the July 1933 issue, insurance written and admitted assets; p. 18 of the June 1933 issue, premium collections, and

p. 19 of the July 1934 issue, corporation profits.• Data* are compiled by the American Bureau of Metal Statistics and represent the estimated world output. The series previously presented in the SURVEY covered

the principal producing countries which produced the following percentages of the world total: 1928, 87.9; 1929, 87.1; 1930, 85.5; 1931, 82.0; 1932, 75.5; and 1933, 77.5.# Par values of foreign currencies as given on pp. 86 and 87 of 1932 annual supplement were changed with the reduction in gold contentof the United States dollar.


Monthly statistics through December 1931, j *•together with explanatory footnotes and refer- 'ences to the sources of the data, may be found i »in the 1932 Annual Supplement to the Survey

935

^pril April May

1934

June ! July ' August Se^m1 October Novem-ber

Debc™' January

1935

r*™ ! March

FINANCE—Continued

PUBLIC FINANCE (FEDERAL)Debt, gross, end of month ..mills, of dol—Expenditures, total (incl. emergency) J

thous. of dol —Receipts, total 1 thous. of dol_.

Customs thous. of doL.Internal revenue, total --thous. of dol_.

Incorne tax thous. of doL.Peconstruction Finance Corporation loans out-

standing, end of month:* §fGrand total thous. of doL.

Total section 5 as amended__thous. of dol..Bnnk and trust companies, including re-

ceivers thous of dolBuilding and loan assoc... thous. of doL.Insurance companies thous. of doL.Mortgage loan companies. thous. of dol_.Railroads, incl. receivers. . thous. of dol—All other under section 5... thous. of dol..

Total emergency relief and construction actas amended thous of dol

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

pluses ._ - thous. of dolFinancing of agricultural commodities,

and livestock thous. of dol—A mounts made available for relief and

work relief thous. of dol—Total bank conservation act as amended

thous. of dol. .Other loans thous. of dol—

CAPITAL ISSUESTotal, all issues (Commercial and Financial

Chronicle) thous. of doLDomestic, total thous. of dol..Foreign, total _ __thous. of dol —Corporate, total thous. of dol..

Industrial thous of dolInvestment trusts thous. of dol —Land, buildings, etc thous. of dol—

28, 668

815, 151267, 82231,453

194,08324, 385

2,626,8291,182,404

522, 47111 i 30323.184

149, 12S386, 61791, 701

502, 843134, 509

14, 963

55, 661

297,711

888, 04153, 540

503, 148503, 148

()155, 87821 200

0568

Long-term issues thous. of dol_. 568Apartments and hotels.. thous. of doL. 0Office and commercial.-.thous. of doL.i 0

Public utilities thous. of doL .Railroads thous of dolMiscellaneous thous. of dol. .

Farm loan and Gov't. agencies. thous. of dol—Municipal, States, etc thous. of doL.Purpose of issue:

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

Corporate thous, of dolFarm loan and gov't.

agencies ...thous. of dol..Municipal, State, etc thous. of dol—

Foreign thous. of doL.Refunding, total thous. of doL.

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

Bonds and notes, total -thous. of dol..Corporate thous. of doL.

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

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

SECURITY MARKETSPrices: Bonds

All listed bonds (2V. F. S. E.) dollars..Domestic issues _ . dollarsForeign issues dollars..

84, 33927, 40022' 372

195, 500151,770

8P, 85089, 85021,988

3, 50064, 362

0413, 299113, 891

498, 454155, 879

4,695

90.6992. 9579.50

Domestic (Dow-Jones) (40)percent of par 4% bond... ! 78. 37

Industrials (10)— percent of par 4% bond.. 80. 47Public utilities (10)

percent of par 4% bond., i 89. 07Rails, high grade (10) \

percent of par 4% bond. J 112. 58Rails, second grade (10) i

percent of par 4% bond.. 54. 04Domestic! (Standard Statistics) (60). dollars. .1 100.0U. S. Government (Stand. Stat.)* ..dollars 107.30Foreign (N. Y. Trust) (40). ..percent of par... 66. 07

Sales on New York Stock Exchange:Total -_ thous of dol par value 265 990

Liberty-Treas thous. of dol. par value" 6o| 483Value, issues listed on N. Y. S. E.:

Par, all issues mills, of dol.. ; 44, 267Domestic issues mills of dol 36 856Foreign issues. mills, of dol. . 7^411

Market value, all issues. mills, of dol .. ! 40, 147Domestic issues mills, of doL 34, 256Foreign issues mills, of dol. _ 5. 891

26, 118

"2,983,939!1W.278 !23, 792

153,364 |21. 075

2.701,2061,465,359

620, 47049, 97038, 249

187.475344, 932224, 269

561, 14782, 667

12,314

167, 268

298, 897

656, 17819, 519

«238, 913«237,7!3

1, 20087, 5245,195

00000

5, 58376, 746

045, 000

ar.:6, 389

"145.915"145,915

28, 241

15,000'102,675

0«92, 99859, 283

"234, 21887, 524

4, 695

111,71018,950

90. 4692.5481. 57

83.4276. 72

87.37

100. 50

73,9497.0

104. 6667. 78

356, 85955,486

41, 76533, 851

7, 91537, 78131, 3256. 456

26. 155 27, 053 27, 189

563,226 749,347 47,8,859 ,246,801 411,337 232,71221,04! . 20,837 19,331

194, 294 302, 243 195, 59223, 776 186, 161 ' 21, 709

2,734,6071,438,924

606, 07244, 48635, 397

190, 870344, 695217,409

571,63188, 446

2,883,600 2,714,0401,436,387 1,336,592

598, 909 582, 20040.443 36,89334,748 32,619

192,151 184,790353,382 354,447216,559 145,643

612. 189 571,96493,010 1 96,062

12,749 13,947 15,185

171,875 | 206,672 162, 175

298, 560

704, 01720,031

298, 559 298, 542

814,708 I 781,43620,511 24,018

141,872 305.522 j 373,362141, 872

031.7816 199

00000

8,00017, 582

032, 50077, 591

102,733102, 73328, 823

12,50061,410

039, 1392. 958

1 38,63128, 5403, 241

81,80940, 446

90.1792,3280. 79

82.9376.07

88.34

101. 57

71.8497.6

105. 3466.54

283, 89965, 488

42, 40634. 5047,902

38, 23931, 8556. 384

305.522 | 373,3620 0

33, 167420

000

145. 7791, 569

310400400

0 00 0

4, 000 43, 50019, 747 100, 0009, 000 0

158,900 135,000113,455 ! 92,583

122,500j 22, 506

9, 420

11,500101, 586

0183, 016

216.645216,645

20, 279

105, 00091, 366

0156,717

23, 747 125, 500

296, 102 371, 78323, 747 125, 5009, 420

179, 74062, 649

90. 8093. 1680. 15

83. 8976. 57

91.26

103. 47

1.579

122, 57560, 418

89.7992.0079.59

84. 1277.55

92. 59

104. 68

71.45 i 69.9299.0

105. 9066. 04

260, 50764, 643

43, 55435, 6637,890

39, 54733, 2236.324

99.3106. 4765.10

263, 75069, 290

43, 96436,1137,851

39, 47333, 2256. 249

27, 080

523, 078297, 256

22, 952229, 54822, 924

2,691,9171,297,412

594, 90531,49431,678

162,081343, 189134, 064

533, 864107, 287

14,985

113,068

298, 524

803, 28057, 362

258, 810208, 81060,00018,01910, 500

00000

6, 3151, 204

0164,11126, 680

179,548179.548

8, 019

153,11118, 418

079, 26210, 000

258, 81018, 019

0

48, 63519, 652

88.9991. 1378.97

81.6676.83

93.48

102. 19

64.5997.8

105. 4264.39

317, 140151, 220

44, 33736, 5157,822

39, 45433, 2776,177

27, 190

462, 034515, 383

27,188 i

771,530302,287 ;

36,174 30.509 i379,738 209,697171,177 19. 1R9

2.680,8981.289,672

2,654,9551,283,439 |

591, 972 583. 45228, 25230, 722

160, 707343, 287134, 672

505, 902111, 184

25, 20529, 982

159.327353, 170132, 303

474, 255112,291

14, 954

81, 538

15, 271

48, 687

298, 227 298, 006

827, 660 837, 92957, 664 59, 391

69,246 ! 157,57469,246 i 157,574

0 017, 1871,300

00

31, 3909,390

00

0 00 00 0

13, 187 20. 0001, 200 2, 0001, 500 0

13. 00(1 83, 00039, 059 43, 184

43.375 121,90343.375 121,9037,187 1 390

0 83, 00036, 188 38, 513

0 025, 87210, 000

35, 67131, 000

64, 197 157, 18417, 187 31, 3902, 300 390

39, 667 69, 74898,583 14,079

88.27 1 89.3990.0579.89

78.9774.31

90.33

99.70

62.1398.7

103. 4765.60

285, 009128,605

43, 90336, 1857,717

38, 75132,5866.165

91.2380.61

81.2575.40

92.76

103. 25

64.5298.4

104. 6965.94

278, 23898, 503

44, 08336, 4617,622

39, 40633, 2626. 144

27,299 28,479

656,589 663.725292,219 ! 439,08828,376 ! 32,428

189,119 i 333,78522, 528 163, 057

28,476

481,343233, 486

26, 351194, 366

22, 321

j2,671,378 2.690,032 2,662,7321,295,928 1,309,206

599,397 i 632,20923.259 ' 20,08229,420 24,829

155,874 160,591361,506 376,555126,471 94,940

466,125 , 473,312117,027 i 122,743

1,264,450

595, 71715, 64024, 023

156, 292379, 08793, 691

478, 617125, 408

, 15,176 15,176I

36, 332

297, 774

849,81959, 506

36, 620 | 40, 315

297, 774 297, 718

865, 083 874, 22142, 431 45, 443

141, 668 186, 127131, 668 186, 12710, 00029, 800

6000000

0

140, 852140, 852

047, 259 7, 7264,038 4.319

18, 500 00 00 00 0

0 0 028, 000 1, 360 ! 2, 963

1,200 23,072 00 290 i 444

10,000 i 18,300 36,20091,868

107, 036107, 036

120, 568 96, 926

140,941 92,097140,941 92, 097

8, 227 34, 861 5. 267

10, 00088, 809

034, 63221, 573

141, 66829, 800

0

89,87923, 160

89.8591.6880.97

82.0577. 13

95.39

104. 68

63.4998.8

104. 8567.17

250, 09456, 359

44, 14436, 6127,533

39, 665

0106,080

0

6,00080, 830

045, 185 48, 75512, 398

184, 80047, 2591,327

114, 18342, 023

90.7392. 5781.58

2,459

138, 8485,7222,004

«87, 707119,686

91.3093. 3581.06

83.91 i 86.0280.06 83.07

96.18 | 98.45

107.47 i 110.25

64.61 ! 65.64100. 0 101. 3

105. 53 106. 5066.83 70.10

272, 809 330, 54652, 667 i 94, 716

44,816 : 44,97937, 307 37, 478

7, 508 7, 50140, 660 41. 084

33,566 34,535 ! 34J9846. 099 ' 6. 125 ! 6. 080

28,526 ! 28,817

528,998 ! 576,224239, 248 645, 605

24, 960 32, 303181,621 557,30433,310 321,908

2,658.503 '2.628,6671,233,104 :1, 196,541

568 814 ! 538,43113,567 i 12,28122,664 22,035

155,367 151,796379,713 380,199

92, 977 91, 799

481 344 490,455127',839 1 132,908

15, 164

40, 624

297,718

897, 04647,011

95,81895, 818

o29, 791

7 79100000

1 1 , 0008 0003] ooo

12, 50053, 527

50, 01 150,0116, 500

043, 511

045, 80723, 291

95. 81829, 791

0

°63, 78150, 946

91.2993 3580.94

83.1683. 75

89.26

112. 52

62. 22101.3

107. 1168.96

220 25648,' 239

45, 03337 564

7,' 46941,11235, 0676 045

14, 953

44, 883

297,711

890, 34651,325

288, 495288, 495

0120, 16544, 750

00000

58, 47016 945

020, 000

148,330

108. 079108,079

7, 945

0100, 134

0180,416112,220

288, 495120, 165

0

146,41964, 496

89. 4991.7977.80

79.0081. 20

89.91

111.42

54. 8899.9

107. 1865.07

310, 65511 3', 211

45, 10137 676

7, 42540,36134, 584

5. 776

« Revised; Has included since July 1934 other than Farm loan issues for which Treasury has acted as fiscal agent.* New series. For earlier data see p. 20 of the August 1933 issue, .He-construction Finance Corporation excepting the item "other loanV which appears first in December

1934 issue and p. 20 of the June 1933 issue, U. S. Government bond prices.f Reconstruction Finance Corporation data have been revised for the year ended June 1934. Revised figures for period October 1933-June 1934 was shown on p. 33 of the

Dec. 1934 issue shown; July-September 1933 revised figures have, not been published. Figures subsequent to June 1934 are preliminary. Revised series for July 1931-February1933 appeared on pp. 19 and 33 of the April 1933 issue (domestic bond prices).

§ This excludes relief grants to States by the R. F. O. under the Emergency Relief Act of 1933 upon certification of grants by the Federal Emergency Relief Adminis-trator. During 1934 these amounted to $499.650,000 on Jan. 31, Feb. 28, Mar. 31, and Apr. 30, $500,000,000 disbursed for relief purposes under Emergency Appropriation Actof 1935, and $10,000,000 purchase of stock in R. F. C. Mortgage Co. and $12,500,000 for preferred stock subscription in export-import banks.

^ For 1934 includes $2,808,221,138 for February, $2,233,252 for March, $3,409,051 for April, $298.868 for May, $213.447 for June, $272,163 for July, $268,204 for August,$134,843 for September, $173,702 for October, $116,585 for November. $132,296 for December. For 1935 includes $123,639 for January, $68,241 for February, $157,316 forMarch and $157,326 for April representing the increment resulting from reduction in weight of gold dollar.

0 The figure for expenditures includes $2,000,000.000 exchange stabilization chargeable against increment in gold.$ Series revised to include emergency expenditures. Figures as shown in Survey for months prior to May 1932 are comparable with this series. Comparable figures

for the period May 1932 to March 1933 are on p. 33 of the monthly issues, from June 1934 to November 1934. Later data are shown in monthly numbers.



1935

April

1934


berDecem-

ber

1935


FINANCE—Continued

SECURITY MARKETS— Continued

Bonds— ContinuedYields:

Domestic! (Standard Statistics) (60) .percent..Industrials (15) percent..Municipals (15)f - percent..Public utilities (15) percent..Railroads (15)__. percent..

Domestic, municipals (Bond Buyer) (20)percent.-

Domestic, U. S. Government:U. S. Treasury bills:

91-day bills** percent..182-day bills** percent..

U. S. Treasury bonds* percent..

Cash Dividend and Interest Paymentsand Rates

Dividend payments (N. Y. Times)thous. of do!..

Industrial and miscellaneous.-thous. of dol__Railroad thous. of doL.

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

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

(600) dollars..Banks (21) dollars..Industrial (492) . _ . _ _ -dollarsInsurance (21)—- dollars..Public utilities (30) dollars..Railroads (36) -. dollars

StocksPrices:

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

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

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

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

Sales N Y S E .. thous. of sharesValues, and shares listed, N. Y. S. E.:

Market value all listed shares.. mills, of doL.Number of shares listed millions

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

Industrials (50) - ..percent..Public utilities (20),. percent--Railroads (20) percent..

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

Stockholders (Common Stock)

American Tel & Tel Co , total numberForeign - _ _ number _

Pennsylvania Railroad Co , total numberForeign - number. .

U S Steel Corporation, total numberForeign numberShares held by brokers . percent of total

4.344.773.254.415.18

3.39

2.64

130, 960124, 225

6,735

1, 184. 4918 42

1 293.281 101.911.861 24

106 017 930 1

85. 68147 5623.8167 578.959 129 4

47.475 2

22 408

33, 5481 302

4.353.966.704.50

5.30

4.615.284.114.584.46

4.27

.08

.183.12

162, 170155, 651

6,519

1, 073. 4929. 04

1.163.58.91

1.701.98.98

104.326.049.5

92.36144. 8439.8879.688.376.349.3

60.466.9

29, 847

36, 4321,295

3.252.905.582.24

5.82

4.565.293.934.574.47

4.17

.06

.143.01

264, 155246, 14918, 006

1, 094. 5929. 04

1.183.58.94

1.701.98.98

95 323. 143.6

82.66131. 1734.1571.879.669 843 3

58.665 2

25, 343

33, 8171,294

3.583.255.832.54

5.78

4.475.193.734.514.45

4.01

.072.94

217, 544182, 79434, 750

1, 105. 1929. 04

1.193.60.95

1.701.971.09

96.723.844.3

85.71135. 7035.7373.581.471.944.1

58.766.7

16, 802

34, 4401,295

3.553.295.442.49

5.73

675, 4267,686

233 8263,165

190 7453 78519.73

4.455.103.754.474.47

4.05

.082.85

113, 295107, 860

5,435

1,113.4918. 05

1.213.77.96

1.711.971.20

94.522.240.7

83.00133. 8732.1271.479.769 241.2

57.866 8

21, 116

30, 7521,294

3.673.385.732.69

5.67

4.555.123.814.574.68

4.15

.202.99

245, 625230, 33615, 289

1, 128. 9918. 08

1.233.77.98

1.711.981.20

91.620.535.4

79.16130. 4627.8667.876.764.635.6

53.465. 1

16, 693

32, 6181,310

4.003.606.303.71

5.71

4.635.223.844.644.82

4.21

.273.20

162, 704158, 368

4,336

1, 131. 1918. 08

1.233.77.98

1.711.981.20

90.519.835.1

78.76129. 9527.5667.075.763.735.1

48.165.0

12, 636

32, 3201,313

4.213.836.533.76

5.79

675, 4107,743

233, 7073,151

192, 2143,80219.03

4.515.093.694.564.68

3.94

.213.08

140, 477135, 419

5,058

1, 137. 1918. 08

1.243.77.99

1.711.981.20

93 519.835.7

81.71135. 3228.1167.376.462.935.6

48.767.3

15, 660

31,6131,305

4.223.836.713.70

5.79

4.484.993.574.534.82

3.89

.223.05

343,031319, 12923, 902

1, 163. 9918. 08

1.273.771.031.711.981.21

99 318.835.8

85.14141. 6228.6769.480.160 735 3

51.672 4

20, 868

33, 8881,305

4.143.707.143.72

5.64

4.404.883.524.474.70

3.81

. 152.97

231, 750209, 080

22, 670

1, 168. 7918. 08

1 273.731 061.781.901.21

101 618 036.5

85.07141.4628.6869.280.358.235.8

49.173.2

23, 588

33, 9341,305

4.253.767.843.68

5.48

674, 7397,826

232, 9983,156

191, 4464,08319.44

4.324.753.454.444.63

3.61

.142.83

181, 107152, 30328, 804

1, 177. 5918, 08

1.283.681 071.911.871.24

103 117 535.5

85.82144. 2127.4369.781.457 434.6

51.573 7

19, 410

32, 9911,305

4.243.748.023.79

5.42

4.324.753.394.414.72

3.55

.122.73

212, 606196, 048

16, 558

1, 184. 4918 08

1 293.681 081.911.871.24

103 016 532.4

84.64144 2325.0667.880.054 531.8

53.474 2

14, 404

31,1801 303

4.243.748.074.13

5.38

4.4]4. 7C,3.274.445.15

3.37

.102.69

202, 988199, 945

3,042

1, 181. 6918 42

1.293.281 091.911.861. 24

99 815 628.5

80.74139. 4822.0163.975.453.227.8

47.572.3

15, 948

30, 936J.304

4.514.018.124.70

5.33

675, 7557,877

232, 6343,152

191, 2244,06219.34

FOREIGN TRADE

INDEXESValue:

Exports, unadjusted 1923-25= 100. _Exports, adjusted for seasonal_1923-25=100._Imports, unadjusted 1923-25= 100. .Imports, adjusted for seasonal_1923-25=100-

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

VALUES

Exports, Incl. reexports thous. of dol..By grand divisions and countries:

Africa _. thous. of dol._Asia and Oceania thous. of dol

Japan thous. of dol..Europe -- -thous. of doL.

France thous. of dol..Qermany thous. of doL.

43465349

4130

164, 350

8,00634, 10013, 71963, 3888,6144,819

47504542

6063

179, 444

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

42454847

5060

160, 207

5,63727, 53811, 50766, 6927,2636,847

45504244

5948

170, 574

7,06438, 39316,31067, 6188,1408,230

43483943

4646

181, 787

8,50235, 93512,81261,8146,3797,703

45493739

4654

171, 965

6,65938, 13213, 85768,7286,4766,803

50484143

6561

191, 660

7,99640, 11919, 97786, 91210, 3347,443

54454039

8270

206, 352

5,75746, 88326, 99495, 10010, 5126,275

51454747

7358

194,901

7,29041, 83722, 84688, 5419,1315,063

45434141

6246

170, 676

6,66344, 29423, 30969, 3469,9354,646

46455251

5743

176, 223

5,37639, 96919, 90178, 5507,5444,735

43474748

5039

163, 006

7,14937, 40315, 97466, 4827,3266,075

49485549

4541

185,001

8,13538, 59314, 74476, 0137,3346,113

* New series. For earlier data see p. 20 of the August 1934 issue, yield on United States domestic long term bonds (all issues except those due or callable within 8 years).See special note below on yield on U. S. Treasury bills.

f Revised series. For earlier data see pp. 19 and 33, of the April 1933 issue, yield on domestic and municipal bonds.§ Data revised for 1932. See p. 34 of the March 1933 issue. Other revisions for the year 1932 were shown on p. 34 of the April, May, December 1933, and January 1934

jes. For revised data for months of 1933 see p. 20 of the September 1934 issue.• Monthly data on yields from 91-day bills for period December 1929 to May 1934 are shown on p. 20 of January 1935 issue. Data on yields from 182-day bills not avail-

able prior to February 1934,

June 1935 SUKVEY OF CURRENT BUSINESS 35


1935

April

1934 1935

April May June July i August\

Septem-ber October Novem-

berD«^- January Febru-

ary March

FOREIGN TRADE—Continued

VALUE— ContinuedExports, incl. reexports— Continued.

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

Italy thous. of dol-United Kingdom. thous. of dol—

North America, northern thous. of dol_.Canada - . . thous. of dol-

North America, southern thous. of dol_.Mexico - thous. of dol—

South America thous of dolArgentina -thous. of dol—Brazil __ thous. of dol-Chile _ thous. of dol-

By economic classes:Exports, domestic.. thous. of dol—

Crude materials thous. of dol—Raw cotton— mills, of doL.

Foodstuffs, total thous. of dol—Foodstuffs, crude thous. of dol—Foodstuffs, mfgd thous. of dol—

Fruits and prep mills, of dol—Meats and fats mills, of dol—Wheat and flour mills, of dol—

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

Autos and parts mills of dolGasoline. ..mills, of doL.Machinery mills, of dol—

Imports, total c?- - thous. of dol—Imports for consumption* thous. of dol—By grand divisions and countries:?? J*

Africa —thous. of dol—Asia and Oceania thous. of dol. _

Japan.. thous. of dol—Europe thous. of dol—

France thous. of dol—Germany thous. of dol—Italy thous. of dol—United Kingdom thous. of dol—

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

North America, southern thous. of dol—Mexico thous. of dol—

South America. thous. of dol—Argentina thous. of dolBrazil thous. of dol—Chile thous of dol

By economic classes :#cfCrude materials thous. of dol—Foodstuffs, crude . thous. of dol—Foodstuffs, manufactured. ..thous. of doL.Manufactures, semi- thous. of dol.Manufactures, finished thous. of do!..

4,15620 55028, 95728 58215, 7475,370

14 1503,8644 0241,088

160, 70938 222

21.812, 8753,2019,674

4.03.21.2

26, 20583, 406

22 03.1

22.8170, 567166, 152

3,77150, 25611, 27646, 4185,8756,4513, 560

11,51322, 67722, 35720, 1523,420

22, 8794,8537,5493 388

45, 90027, 51428, 58830, 72933, 422

4,59628, 84026, 65026, 25415, 9894,668

13 4493,6193,1691,020

176, 49945, 878

24.517,8215,348

12, 4734.45.13.7

29, 36183, 440

21 55.8

19.2146, 517141, 137

3,70051, 74610, 18637, 5453,8985,7382,9129,008

16, 50616, 2719,7203,110

21,9213,0767,1273,784

41,00921,91623, 67626, 11828, 418

4,85325, 92232, 41531, 98914, 9274, 753

12 9983,3682,989

883

157, 17137, 975

17.616,8163,994

12, 8223.36.81.9

26, 18976, 191

20 63.8

17.0154, 647146, 866

2,60555, 87710, 12139, 4124.3205,4692, 988

10, 30219, 24218, 73510, 9123,000

18, 8182 9815,4962 288

42, 81218, 40627, 91326, 88930, 846

4,27624, 86228,51527, 98715, 0644,66613, 9193,5043,3431,048

167,95747, 00328.9

14, 9233,02311, 900

4.05.71.1

27, 92378, 10820.04.018.6

136,, 082135,, 048

2, 80649, 1469,27935, 8234,1895,1682, 4747,88118, 46817, 85613, 0393,46616, 8001,6835,6351,325

42, 57817, 23321, 97726, 84926, 361

4,27524, 38027, 28126, 76114, 6564,76213, 5973,6923,216814

159,24237, 19920.3

17, 0583,68513, 373

2.95.71.6

28, 83476, 15218.43.518.9

127,342124, 123

2,33538, 3358,59937, 8993,5345, 3542,6519,70319, 36018, 6979,2852,44116, 9082,0106,5831,448

39, 08617, 23911,86027, 46428, 474

4,95130, 69427, 85227, 25714, 0734,76516, 5224,4373,9651,329

169, 83239, 66217.8

22, 0715,28716, 784

7.75.83.0

29, 40878, 69015.34.120.2

119,515117, 288

2,26034, 3688,80535, 7884,1985,5152,7717,64919, 26018, 75910, 6512,96214, 9611,1596,6711,038

34, 23717, 74813, 10022, 97329, 230

5,09340, 11925, 37024, 85015, 9764,61415, 3183,7123,9791,181

189, 23766, 43732.2

20, 0594,06015, 999

7.15. 42.0

29, 72973, 01214. 03.818.8

131,659149, 755

1,96037, 29011,91341,9804,3585,8543,13010, 43321, 07820, 64829, 0162,50918, 4322,0068,648972

38, 61223, 02334,31924, 24929, 552

6,22647, 03627, 42026, 87517, 4185,91013, 7744,1352,9611,045

203, 62282, 87943.4

21,8735, 34216, 531

9.04. 91.7

28, 81870, 05312.44.218.7

129, 629137, 859

2,62036, 83910, 24240, 5664, 5605,7193,4028, 21522, 49721, 66115, 3142, 16520, 0232,22210, 2191,940

35, 09022, 72624, 06826, 10329, 872

8, 44540, 53626, 65526, 03815, 4854,50615, 0923,7804,3591,645

192,32171,74439.2

18, 4584,58913, 869

5.45. 61.7

30, 41271, 70711.04.120.6

150,919149, 412

2,48842, 70911,81847, 8626, 1655, 6754,11310, 37721, 97421, 60213, 2802,27921, 1002,3029, 5081,912

40, 11723, 44024, 32627, 44734, 082

4,82128, 48621, 87921, 00915, 8424,40713, 1522, 9463,2251,271

168, 46754, 52035.0

15, 6693,62112, 048

5.4

1.430, 30967, 97012.43.419.1

132, 252126, 231

1,96126, 5357,03237, 0235, 1675,0562, 9057,74324, 43223, 68519,4413,48416, 8393,7066,3051,685

28, 83918, 59729, 19021, 01828, 587

6, 23337, 96823, 15122, 81515, 6745,03513, 5033,5043,5511,110

173, 56055, 81432.2

16, 2534,08612, 167

5.3

1.227, 19674, 29717.24.318.2

167, 006168, 623

3,01660, 51510, 19646, 6144,6447, 0242, 76410, 97019, 55519, 24818, 8644,02320, 0592, 9808,1811, 909

43, 13327, 69338, 11829, 55030, 129

6,87025, 76623, 66423, 31714, 3534,37013, 9553,7653,5341,316

160, 31244, 99527.1

16, 2703, 89712, 373

6.2

1.225, 48373, 56520.52.818.8

152,537152,288

4,74650, 92212, 25140, 0064, 0545, 9182, 67411,06518,34218, 19414, 2423, 86923, 4294, 4199, 1942,324

45, 20930,11821, 60929, 02926, 322

6,94729, 44426, 53226, 00518, 7065,96317,0214,6234, 1251,316

181, 96940, 45021.8

16, 2153, 68112, 534

5.4

1.430, 82794, 47725.05.023. 7

177, 279175, 408

5, 92154, 22112, 42846, 4984, 6430, 3402, 86611,62121,31120, 88020, 9684, 44926, 5086, 6758, 6102, 904

50, 37833, 60525, 66235, 23730, 526

TRANSPORTATION AND COMMUNICATIONS

TRANSPORTATIONExpress Operations

Operating revenue - thous. of dolOperating income thous of dol

Electric Street RailwaysFares, average (320 cities) ...cents..Passengers carried t thousands-Operating revenues thous. of dol—

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

Index, unadjusted. 1923-25=100Coal... 1923-25=100-Coke 1923-25=100-Forest products _ _ 1923-25=100Grain and products 1923-25—100Livestock __ . 1923-25=100Merchandise, 1. c. 1 ._ 1923-25=100Ore.— - .1923-25=100..Miscellaneous . __ _. 1923-25=100

Index, adjusted ._._ 1923-25 =100-Coal 1923-25=100Coke 1923-25-100Forest products ..1923-25= 100. _Grain and products 1923-25=100Livestock 1923-25=100..Merchandise, 1. c. 1 . 1923-25=100Ore — 1923-25=100Miscellaneous.... 1923-25 =100. .

Total cars^ .. . _ _ _ . thousandsCoal _ thousandsCoke thousandsForest products _ . __ thousandsGrain and products thousandsLivestock thousandsMerchandise, 1. c. 1 _Ore thousandsMiscellaneous. thousands..

8,120

595346355738652569616349337441634967

2,30337923

10210852

64435

961

7,011136

8.143833, 230

605748335748671968626850317452653866

a 2, 340» 406

2397

10665

66429

"951

7 392122

8.143751, 053

636158356149675970636958337552653968

2,442427

2710111265

66083

967

6,961149

8.143697, 676

645856347846658771646656339054654868

3,07850234

12317477

789166

1,214

6,826136

8.143640, 278

635538309570648365616343307984654662

2,346373

1883

17189

613125875

7 079118

8.143654, 485

6357353184956573645958392970

107654359

2,420383

1789

160124638116892

7,421139

8.143654, 649

6768453176

103676369596345306387643958

3,142581

26110174171797122

1, 163

7 521141

8.126736, 686

646946316583664270576045305862633060

2 5314842290

12211465369

978

7 497146

8.126702 067

607044296064651463596443305655642064

2 353494

2285

11190

64026

885

8 051142

8.126754, 459

567654265751628

55647151325851663471

2,5926153092

12582

72116

91?

7,274140

8.120752, 500

588269285444617

58647362315642653172

2, 17055131759658

57711

773

7 204138

8.120

618170365737638

62657562355939653473

2 326'574

3510010250

60913

844

8,120

627752345734651067658252336739644070

3 015683

3312613558

80418

1,157

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

nation on p. 9 of the March 1934 issue.1 Data for June and September 1934, are for 5 weeks; other months 4 weeks,jf Data revised for 1933. See p. 20 of the October 1934 issue.

, which consist of general imports See expla-



1935

April

1934

April May I June July August Septem- October Novem-ber

Decem-ber

1935


TRANSPORTATION AND COMMUNICATIONS—ContinuedTRANSPORTATION— Continued |

Steam Railroads— ContinuedFreight-car surplus, total thousands..

Box —thousands..Coal thousands. .

Equipment, mfrs. (See Trans. Equip.)Financial operations (class I railways):

Operating revenuesf thous. of dol._Freiglitf - thous. of dol._Passengerf ..thous. of doL.

Operating expenses! thous. of dol._Net railway operating incomet-thous. of dol..Operating results (class I roads) :

Freight carried 1 mile.. mills of tons..Receipts per ton-mile ..cents..Passengers carried 1 mi e millions ..

Waterway TrafficCanals:

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

U. S. vessels thous. of long tons..St. Lawrence thous. of short tons.-Sault Ste. Marie thous. of short tons..Suez _. thous. of metric tons. .Welland thous. of short tons-.

Rivers:Allegheny thous. of short tons-.Mississippi (Government barges)

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

thous. of short tons..Ocean traffic:

Clearances, vessels in foreign trade!thous. of net tons..

Foreignf thous. of net tons..United States! thous. of net tons..

Shipbuilding. (See Trans. Equip.)

TravelAirplane travel:

Express carried*.. pounds..Miles flown* - .thous. of miles. .Passengers carried* number..Passenger miles flown* thous. of miles. .

Hotel business:Average sale per occupied room dollars-.Rooms occupied .percent of total..

Foreign travel:Arrivals U S citizens - .. number. .Departures, U. S. citizens number..Emigrants number. .Immigrants number ..Passports issued number. .

National parks:Visitors number--Automobiles number. .

Pullman Co.:Passengers carried thousands. .Revenues, total . thous. of dol__

COMMUNICATIONSTelephones (59 carriers) :*

Operating revenues . -. thous. of dol..Station revenues thous of dolTolls message thous. of dol

Operating expenses thous of dol

Telephones in service, end of mo thousands -Telegraphs and cables:

Operating revenues - thous. of dolCommercial telegraph tolls. _thous. of dol—

Operating expenses - thous. of dol._Operating income .thous. of dol—

31017588

°13

157888

484

191

v 1541 142

754

5, 1883 4351 753

231, 2374 194

61 49926 747

2.91f>9

12 674

90, 91415 90S

368211106

265,391214,266 !27, 045

200, 18732, 265

23, 4721.0151,377

250140

2,2911,038

5413

2, 534254

174

901,404

897

4, 8603, 0981 762

150, 3832,451

31 41512 374

2.8857

22 24922, 3492 7302 432

10, 946

81,93915 291

1,2123,488

8,9106,8877,768

734

35521393

282, 024228, 587

26, 575210,01139, 495

25, 2601. 0071 340

274550 i

2,3021,008 i

9795 745 '2,3921 287

248

1061, 592

888

5, 7393 4922 247

153,3312 699

35 gqq14 409

2.7458

19 47918 0032 3433 126

19 760

132,03031 626

1 1223 334

9 5237,3978, 168

943

!

338200

94

282, 779225, 70931, 555

208, 31341, 836

25,212.994

1,612

243557

1,767835901

7,9012, 1511, 236

280

1011,683

918

5, 9963, 8182,177

170, 2753, 655

43 29217,897

2.8654

18, 21318,9843,0332, 975

24, 279

287, 72178, 928

1,3033,978

b 64, 627b 37 060* 19 9686 40 103

16 90914, 016

9,4777,3728, 154

910

348201111

275, 984221, 29132, 187

208, 48435, 221

24, 2571.0111, 778

206519

1,934770977

7,5222, 1941 334

282

1091,030

698

6,0233, 8592 165

163, 3424,118

48 17218 153

2.8452

24, 06526, 6423 5152 777

12, 294

570, 295145 887

1,2803,710

78, 57651 57919 80857 52513 96313, 981

8,7506,7187,961

381

|

359209119

282, 679224, 83732, 801

211,70639, 677

25, 402.985

1.854

223627

2,188978866

6, 9902,4031 273

261

1201,088

599

6, 5414, 2602 282

198, 9024, 189

54 83521, 358

2.9854

49 34148, 6964 0043, 7857,591

531, 734163 074

1,4033,928

79, 29051 55820 64457 34714 15013, 990

9,3247,2268,024

895

318195 !

94

275,511220, 49230, 607

203, 80041,020

25 885.943

1 695

214465

2 1431, 045

9246 1452 3031 171

222

113944

569

5, 8553 6662 188

206, 3273 660

44 72818 875

2. 9157

43 92737 5334 7103 5855 599

385, 14754 624

1,3543,892

78, 07651 83619 21155' 72014 66014, 058

8, 6866,6577,664

620

32820785

292, 903238, 792

28, 572212,57348, 625

26 497.980

] 543

272726

2, 1731,0291 0365 0062 7071 331

213

100963

584

5, 6913 6662 095

221, 9054 019

48 47720 838

2.9661

24 97620, 8252 6303 5865,059

74, 70916 830

1,2653,790

81, 63854 37420 26858 05216 20914, 093

9,1306,9847,906

822

381224109

256, 967208, 547

24, 846197, 87231, 583

23 708.961

1 279

264559

2,3391,015

8842 6272 4241 253

181

100977

597

5,2963 4021 893

206, 3273, 660

44 72818 875

3.0358

15,09118, 5424 3543,3865,046

38, 7297,375

1,1313,310

79, 58353 60418, 98957 05015 11914, 112

8,4436,4777,639

405

392

111

257, 506199, 35632, 016

195, 35138, 738

23 105.946

1 635

254o

2,089885

39300

2 41414°

147

761 049

632

4. 3272 8191 508

217, 8523 365

33 56315, 595

2.9254

12, 38813,9423, 8532, 5594,959

37, 4047,656

1,3713,794

80, 41153, 21219, 92758, 71414, 98014, 132

9,4117,3628,0951,091

34220784

264, 213211, 00830, 448

212, 97221, 349

24 964.942

1 491

204o1 945

825oo

2 513o

113

881 429

711

4,2882 8181 471

177, 5533,231

28 92213, 405

2.8564

14, 44317, 0162,4242,9435,658

54, 7209, 767

1,3984,231

81, 47554, 63619, 79357, 82315, 37714, 162

8, 7546,7687,808

557

390

192 •78

254, 940206, 024

27. 204200, 103

25, 720

24 140.944

1 341

164o1 836

708oo

2 0900

125

781 545

717

4,1702 7351 435

171,8183, 349

34 99816, 232

2.9562

15, 47417, 6282,2261,9485,139

63, 2579, 599

1,2043, 702

8,2126,3407,372

454

'$0018'}

r>7

280. 8vw228. 603

213! 27837.85]

97 .Vifi

()'2. 210

9RI()o

2 383o

1 r>5

« 1081,784

ssr,

4, 6433, 1091 531

0 238, 3690 4, 126

0 55 1980 24, 751

2. S360

20, 47016,6652,4602, 4018, 453

73,9617, 545

1.2194, 004

9, 1537,0527,810

952

CHEMICALS AND ALLIED PRODUCTS

CHEMICALSAlcohol:

Denatured:Consumption (disposed of)

thous. of wine gal..Production.— thous. of wine gal._Stocks, end of month.-.thous. of wine gal..

Ethyl:Production thous. of proof gal—Stocks, warehoused, end of month

thous. of proof gaL.Withdrawn for denaturing

thous. of proof gal..Tax paid* thous. of proof gal..

* Revised.

5, 2385, 5541, 694

14, 235

18, 092

9, 1721, 510

5,2285, 2591,076

12,731

24,375

8, 6661,025

5,6806,1921,580

13, 478

25, 893

10, 1481,172

5,5895. 5401,527

12, 998

27,971

9,2481,176

6,4486, 7311,801

13, 702

28,967

11, 3591,052

6,7606,9431,978

13,823

29,788

11, 6841,121

10,0489,8411,763

15, 636

27,094

16, 4561,075

19,58219,1941,380

21, 332

14, 449

32, 6821,266

10,54210,3161,149

19, 550

15,566

17,2721,573

8,8748,7801,063

17, 065

15, 216

14, 8552,095

5,8976,0471,236

12, 290

15, 630

9,7571, 453

4,4824,6111,363

7,3821,019

7, 4457, 4541,317

1 12.814

1 2 . 7 1 1•» 1, 5SR

' Preliminary,New series. Data on airplane travel covers scheduled airlines operating in United States. For data on passengers carried for period of 1926 to 1933 and passenger-miles

flown from 1930 to 1933, see p. 20 of the February 1934 issue. For data on miles flown and express carried from 1926 through 1933, see p. 19 of the January 1935 issue. Foralcohol withdrawn tax paid, see p. 20 of the April 1935 issue. New series of telephones as compiled by Federal Communications Commission. Data supersede those pub-lished in previous issues of the Survey which covered all carriers having annual operating revenues in excess of $250,000; present series covers only those campanies withoperating revenues in excess of $250,000 which have interstate lines. In December 1933 operating revenues of these companies were 97.7 percent of the total of the companiespreviously reporting.

b Returns reflect adjustments covering estimated refunds.t Re\ised series. For earlier data see p. 20 of the April 1934 issue for operating revenues, operating expenses, and net railway operating income of class I railways. Tor

revisions of data for clearances of vessels in foreign trade, see p. 36 of the September 1934 issue.f Data revised from August 1914 excluding vessels under 300 tons. Revisions not shown above will appear in a subsequent issue.



1935

April

1934


berDecem-

ber

CHEMICALS AND ALLIED PRODUCTS— Continued

CHEMICALS-ContinuedAlcohol— Continued:

Methanol:Exports, refined. ._. .gallons..Price, refined, wholesale, N. Y . dol. per gal. .Production: !

Crude (wood distilled)*! * gallons..Synthetic. ..gallons..

E x plosives:Orders, new* .thous. of lb__

Sulphur and sulphuric acid:Sulphur production (quarterly) * long tons

30, 471.38

23, 202

Sulphuric acid (104 plants):Consumed in prod, of fertilizer short tons__Price, wholesale 66°, at works

dol. per short ton..Production short tonsPurchases:

From fertilizer rnfrs short tonsFrom others .. .. short tons.

15.50

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

FERTILIZERConsumption, Southern States t

thous. of short tons,.Exports, totalf long tons.

Nitrogenous! long tons,.Phosphate materials! long tons.Prepared fertilizers long tons

Imports, totalf# long tons.Nitrogenous! long tons

Nitrate of soda! long tons.Phosphates! _ _ long tons,.Potashf long tons

Price, nitrate of soda, 95 percent, N. Y.dol. per cwt__

Superphosphate, bulk:Production short tonsShipments to consumers _ _. short tons..Stocks end of month short tons

NAVAL STORESPine oil:

Production gallons..Rosin, gum:

Price, wholesale "B", N. Y...dol. perbbl...Receipts, net, 3 ports bbl. (500 lb.)__Stocks, 3 ports, end of month _bbl. (500 lb.)._

Hosin, wood:Production bbl (500 Ib.)Stocks, end of month bbl. (500 Ib.)

Turpentine, gum:Price, wholesale, N. Y -dol. per gal..Receipts, net, 3 ports bbl. (50 gal.)_.Stocks, 3 ports, end of month. bbl. (50 gal.)_.

Turpentine, wood:Production bbl. (50 gal.)..Stocks, end of month bbl. (50 gal.)..

OILS, FATS, AND BYPRODUCTSAnimal fats and byproducts (quarterly):

Animal fats: tConsumption, factory thous. of lb._Production .. _. thous. of IbStocks, end of quarter thous. of lb__

Gelatin, edible:Production thous. of lb__Stocks, end of quarter. _. thous. of Ib

Greases: fConsumption, factory thous. of IbProduction thous. of IbStocks, end of quarter thous. of Ib

Lard compounds and substitutes: fProduction thous. of lb_.Stocks, end of quarter _ thous. of Ib

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) tthous. of Ib

Exports thous of IbImports!#. - thous. of lb_.Production (quarterly)!. thous. of lb._Stocks, end of quarter: !

Crude ... ._ _. thous. of IbRefined -.thous. of Ib

Copra and coconut oils:Copra:

Consumption, factory (quar.) .short tons..Imports# short tons..Stocks, end of quarter short tons..

70493, 4565,551

82, 94698

176, 640111,64283,4154,486

56,045

1.275

370, 222

4.6769, 290

250, 213

46, 02895, 283

.5218, 41087, 971

7,0497,122

93991, 445

15, 038

57, 259.38

342, 307754, 980

26, 958

107, 842

15.50119,619

12, 15822, 721

21, 92630, 240

"76398, 29418, 04374, 287

206178, 430133, 70680, 4664,158

35, 845

1.350

232, 936209, 026806, 914

305, 273

5.5669, 496

156, 447

45, 45490, 329

.5917,31546, 465

7,72920, 289

1,77370, 163

12, 037

38, 556.38

324, 063897, 294

24, 231

83, 969

15. 50107, 568

5,73518, 793

14, 31225, 894

157113, 752

2,646106, 354

426103, 72371, 05739, 3215,847

17,310

1. 350

168, 50985, 508

820, 096

293, 807

5.4997, 905

161, 001

43, 24398, 080

.5624, 65842, 570

7,05020, 689

92356, 668

24, 519

52,612.38 :

298,165 1922,551 i

24,812 !

289,089

80,214 ;

15.5092, 894

3, 44126, 577

10, 24225, 783

51105, 285

5,06496, 262

16466, 70744, 16410, 564

1,91013, 355

1. 350

153, 23621, 463

839, 880

266, 020

5.46102, 417171, 805

38, 55498, 558

.5127, 61447, 692

6,39319, 515

190, 774545, 950444, 620

3, 5858, 908

64, 72290 17575, 652

218, 11425, 133

43, 1049,136

161,411

1652,544

1,09459, 694

361, 986

530, 959797, 171

65, 43920, 59935, 386

!

28, 348.38

256, 136939, 439

23, 384

83, 079

15. 5088, 049

7, 41 125, 951

14, 59621, 991

2683, 382

4, 57775, 600

27369, 28543, 57610, 9761, 495

19, 265

1.350

147, 0849,711

871, 093

261, 410

5.31116, 019200, 649

37, 037105, 286

.4831, 14865, 171

5, 54719, 016

1, 03468, 665

77,732 I.38

253, 612951,834 ;

26,063

77,404 I

15. 50 ;

97,478

13,04817,060

28,11129,587 ;

48126, 11016,553

108, 475405

48, 44218, 535

1501,541

25, 845

1.350

152, 56621,831

875,320

282, 242

5.31109, 234218, 256

38, 537105, 887

.4632, 47365, 510

5, 90419, 078

44, 937.38

260, 4021,079,910

25, 489

314, 199

85,915

15. 50116,120

21,13612, 560

31,05623, 594

101109, 98229, 59176, 987

17469, 17624, 666

9313, 141

38, 963

1.275

188, 007108, 752880, 238

312, 375

5.3089, 289

244, 968

43, 095108, 933

.4626, 85671,778

6,79819, 817

228, 945465,719

41,941.38 \

297, 7591,309,080

26,892

137, 357

15.50149, 988

38, 16427, 249

39. 79734, 938

128135, 58827, 121

104, 143350

81, 56031, 579

1,2121, 786

44, 422

1. 275

276, 44463, 486

957, 279

300, 544

5.4292, 482

260, 040

39, 785109,812

.5225, 16188, 020

6,28818, 504

382.938

1.570

88341, 302

~~~3,"735~ i""l6,"079"

6 556

48, 945.38

309, 7391,789,970

25, 108

143, 282

15.50159. 781

39, 33022, 796

41, 52028, 615

88118, 43721, 09393, 509

26582, 12138, 7287,1952,001

35, 276

1. 275

307, 65324, 965

1,078,044

303, 686

5. 25100, 257272, 027

41,884108, 244

.5322, 99994, 189

6, 54818, 752

GO, 99281, 95409, 600

352,96524, 964

33,59568,374

189, 492

479 8731, 161 234

55, 213 53, 935416,559

548, 547502, 427

45, 0008, 624

16, 772"""f 17?"

42760, 028

"lo'eoe"

38,211.38

319, 1901,301,841

22, 635

293, 025

152, 268

15. 50172, 052

36, 73428, 813

47, 36728, 537

97127, 08113, 615

107,313312

91, 80742, 08517, 0852,411

44, 015

1.275

332, 14023, 358

1,159,392

317, 912

5.25122, 173321, 660

41,016105, 339

.5222, 834

106, 971

6,29016, 819

217, 186498, 603418, 631

5,2797 817

49 24689, 25773, 856

338, 85927, 584

46, 35898, 11671, 872

802, 381372

34, 200730, 260

554, 108598, 460

47, 39227, 67415,210

23, 222.38

315, 9831,303,171

29, 147

162, 658

15.50169, 301

34, 54527, 824

39, 69335, 186

31668, 9286,241

56, 946153

155, 34863, 24527,8113,126

84, 235

1.275

342, 21034, 553

,189,505

330, 830

5.2027,411

272, 474

44, 489110, 806

.544,300

94, 781

7,07516, 116

33171, 191

— _

~~I7,~393~

44, 525.38

300, 0081,126,799

26, 019

133, 319

15.50154, 359

26, 26921, 647

30, 61538, 716

68492, 84610, 74678, 276

258141, 78789, 47744, 4943,169

46, 213

1.275

282, 81063, 856

1,160,817

360, 252

5.1619, 525

217, 489

43, 252111, 659

.552,235

86, 987

6,13813,418

52278, 745

~~I6~415~

73, 365.38

351,4681, 303, 230

18, 544

255, 396

102, 292

15.50141,352

18, 76916, 221

41,99042, 319

1, 41384, 2966,707

66, 562196

159, 071107, 34155, 9573,177

42, 669

1.275

242, 712136, 864963, 824

337, 646

4.9928, 397

250, 113

43, 294108, 956

.554,761

88, 164

6,31610, 526

234, 949352, 519380, 419

5,0478,629

50, 73271,73863, 590

316, 22732, 738

60, 56346, 208

221, 547

754, 643396

80, 395581, 304

525, 210642, 272

48. 68326, 57925. 688

» Revised.* New series. For earlier data see p. 20 of the April 1933 issue (crude methanol) and p. 19 of January 1934 issue (explosives).1 Figures revised due to dropping of Missouri from Southern States classification. See p. 19 of the January 1934 issue for earlier data.# See footnote on p. 35 of this issue. Monthly revisions for 1933 are shown on p. 20 of the October 1934 issue.t Revised series, see p. 36 of the June 1933 issue, for 1932 revisions, exports and imports of fertilizer and imports of vegetable oils; for 1933 revisions on exports see p. 20

of the September 1934 issue; for revised data for crude methanol production for 1933, see p. 36 of the May 1934 issue; quarterly data oils fats and byproducts, for the years1932 and 1933 also revised. See p. 19 of the March 1935 issue.

• Texas only. Louisiana produced 23 percent of United States production in 1933.A The refined equivalent of crude production is approximately 82 percent.



1935

April

1934

April vlay June July August Septem-ber October Novem-

berDecem

ber January Febru-ary March

CHEMICALS AND ALLIED PRODUCTS—Continued

OILS, EATS, AND BYPRODUCTS-Con.

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

Coconut or copra oil:Consumption, factory:

Crude (quarterly) t thous. of lb._Refined, total (quarterly)! thous. oflb

In oleomargarine .thous. of lb_.Imports^ . _ thous. of IbProduction (quarterly) :

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

Stocks, end of quarter:!Crude thous. of lb__Refined thous. of lb_.

Cottonseed and products:!Cottonseed:!

Receipts at mills short tonsStocks at mills, end of month-short tons..

Cottonseed cake and meal:!Exports! short tonsProduction short tonsStocks at mills, end of month. short tons..

Cottonseed oil, crude:!Production -thous. of lb._Stocks, end of month -thous. of lb__

Cottonseed oil, refined:Consumption, factory (quarterly)!

thous. of IbIn oleomargarine __thous. of lb._

Price, summer yellow, prime, N. Y.dol. perlb..

Production! thous of IbStocks, end of month!.. 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..

15, 94525, 293

133, 35720, 426

248, 558

2463, 437

204, 999

43, 97160, 6G9

11, 005

.10379, 219

577, 449

1,160

139242603

Stocks, end of quarter thous. of buPrice, no. 1, Minneapolis.. -dol. per bu_. 1. 85Production, 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. oflb

Price, wholesale, N. Y _dol. per Re-production (quarterly)! thous. oflbShipments from Minn thous. of lb._Stocks at factory, end of quarter

thous. oflb._Lard compound:

Price, tierces, Chicago*- _.dol. per lb_.Oleomargarine:

Consumption (tax-paid withdrawals)thous. oflb..

Price, standard, uncolored, Chicagodol. per lb_.

Production -thous. of lb._

PAINTS

Paints, varnish, and lacquer products: §Total sales _ -thous. of dol..

Classified . thous. of dol .Industrial - thous. of doL.Trade thous. of dol-.

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

Sales:Calcimines dollars..Plastic paints dollarsCold-water paints ..dollars.-

CELLULOSE PLASTIC PRODUCTS

Nitro-cellulose:*Sheets, rods, and tubes:

Production thous. of lb_.Shipments --thous. of lb._

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

Production thous of IbShipments thous. o f lb—

7,874

36, 929

6,114

.095

6, 053

.127

38, 243

.14037, 419

33, 72122, 2959, 178

13, 11711,427

332, 34336, 653

113, 202

1,3111, 299

1,1071.048

10, 55930, 533

176, 26846, 346

374, 209

20384, 241

252, 625

59, 563109, 328

2,073

.05294, 486

843, 168

1,144

139208793

-T82-

6,693

38, 136

5,513

.093

3,644

.073

16, 146

.07318, 023

27, 70418, 4367,590

10, 8469,268

271, 92944, 70670, 783

1,3841,085

510558

9,39624, 614

109, 36755, 546

320, 388

7851, 407

219, 637

38, 46276, 318

3,369

.05065, 822

804, 946

1,637

322169696

~Tor5,118

31, 739

6,648

.097

""§,"969"

.073

20, 063

.07018, 280

33, 61522, 1728,092

14, 08011,443

322, 58339, 82593,204

9731,069

512512

177, 23672, 0484,542

29, 047

84, 29197, 301

174, 15439, 886

92, 25852, 407

280, 537

36641,011

175, 441

29, 87945, 794

257, 5273,718

.05354, 643

738, 542

806

298113646

5,0161,4211.91

4,724

34,328

5,871

78, 189.099

98, 0263,603

128, 413

.074

13, 870

.07813, 983

28, 75018, 9447,630

11,3149,806

277, 54725, 78277, 454

778946

302265

6,31535, 742

99, 69942, 923

222, 761

9145, 738

124, 572

31, 54434, 400

4,150

.05943, 529

655, 552

821

16298

628

1.90

3,150

33, 441

5,292

.098

3,735

.078

15, 847

.08016, 363

23,45115, 9107,4498,4617,541

211, 78221, 33063, 442

715748

317220

7,76517, 210

195, 761271, 145300, 023

1,19590, 63396, 147

59, 32238, 670

6,280

.06848, 522

543, 144

695

681152672

2.05

3,543

32, 126

7,628

.099

2,774

.086

25, 736

.08022, 026

24, 31416, 0816,5799,5028,233

235, 32525, 29271, 299

965956

375383

113, 73167, 37410, 27917, 990

56, 71663, 617

174, 92437, 381

442, 281947, 372803, 236

124197, 694170, 251

133, 97074, 034

381, 7287,428

.07581, 050

450, 012

959

1,230126

1,008

4,2931,3681.98

2,756

20, 935

5,533

61, 218.094

85, 0384,163

109, 367

.098

27, 545

.09026, 842

22, 19914, 1775,2688,9098,022

259, 13627, 31471,828

841872

393415

11, 36014, 810

598,6131,030,6071,235,230

196265, 597257,409

183, 60097, 752

7,322

.081155,437461, 440

1, 297

910234

1,218

1.90

2,362

30,869

6,483

.091

4,145

.107

26, 421

.09826, 517

24, 20615, 3825,8149,5688,824

274, 36630, 80778, 496

1,1311,094

449409

12, 78720, 935

531, 067527, 904

1,232,067

306245, 389299, 200

165, 808100, 685

7,323

.092149, 593487, 369

743

294127

1,210

1.86

1,575

31, 338

7,325

.088

3,525

.111

28, 980

.10028,809

20, 30013, 2245,2088,0167,076

225, 078, 27,864

70,304

9481, 028

304276

124, 71594, 29213, 77117, 492

61, 23880, 658

152, 74734, 277

415, 455300, 626

1,117,238

82189, 717320,322

128, 87295, 267

352, 2097,533

.101129, 487516, 717

1,823

25283

1,108

4,5691,8511.99

• 5, 253

2,362

21, 558

8,182

54, 338.087

90, 2532,233

113, 722

.124

32, 178

.10430, 470

16, 51510, 8055,2265,5795,710

227, 82718, 18852, 869

1,089954

466448

14, 42831, 609

400, 855138, 700855, 083

94180, 603340, 057

123, 708100, 563

9,015

.109110, 283513, 341

770

139114

1,011

1.97

3,937

32, 805

7,714

.089

3,298

.129

33, 724

.11933, 632

21, 52914, 6877,1407,5476,842

284, 75822, 66564, 215

1,4651,263

1,0041,026

17, 28227, 736

343, 59163, 347

574, 739

127157, 998346, 876

109, 046102, 514

12, 171

.114102. 890524, 340

1,997

13554

978

1.94

5,118

23, 524

9,653

.092

4,209

.133

45, 351

.12541, 895

21, 88915, 2527,2997,9536,636

221,66324, 31269, 000

1,4761,122

922849

150,711110, 30414, 56025, 045

62, 26196, 256

122, 14231,960

252, 86339, 613

361, 489

236116,882311, 279

83, 52993, 770

286, 3249,854

.10895, 707

553,531

1,970

10544

878

5,7542,0941.81

7,087

30, 704

7,952

59, 376.095

111,8236,324

125,416

.130

31,511

.14134, 20!

27, 33318, 4188,061

10, 3578,915

299, 61033, 67588, 114

1,3571,211

962" 1,054

• Dec. 1 estimate. a Revised.* For earlier data on lard compound price see p. 18 of the January 1934 issue. Data not available for cellulose products prior to January 1933.! Revised series. For year ended July 1932 see p. 20 of the February 1933 issue, and year ended July 1934 see p. 38 of the November 1934 issue, revisions for each month of 1933

were shown when monthly data for 1934 became available, cottonseed, and for the year of 1932 see p. 37 of the June 1933 issue, exports of cottonseed cake and meal. Datarevised for 1933; see p. 19 of the September 1934 issue; quarterly data on oils, fats, and byproducts shown on this page for the years 1932 and 1933 also revised. See p. 19 of theMarch 1935 issue.

5 Since March 1932, detailed figures are not strictly comparable owing to changes in firms reporting.# See footnote on p. 35 of the October 1934 issue. Data revised for 1933; see p. 20 of the October 1934 issue.



1935

April

1934


berDecem-

ber

1935


CHEMICALS AND ALLIED PRODUCTS—ContinuedROOFING

Dry roofing felt:Production . _ „ .short tons..Stocks, end of month short tons

Prepared roofing shipments: 1 1Total thous squares

Grit roll- - _ thous. squaresShingles (all types) thous. squares--Smooth roll thous. squares

19, 7236 653

19, 8165,072

2,955550743

1,662

19, 9454,677

2,413606678

1,129

17, 0216,324

1,326336406583

12, 2325,397

1,677395436846

19, 4675,687

3,762790850

2,123

15, 6676,411

2,019557477985

14, 7106,648

2,387597655

1,136

12, 9726,672

1,941462483996

11,3108,555

1,373345315713

12, 8996,629

1,277368247663

11, 7267,484

1,118278257583

15, 2237,909

2,032464555

1,012

ELECTRIC POWER AND GASELECTRIC POWER

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

Production, totalf mills, of kw.-hr..By source:

Fuelsf - mills, of kw.-hr—Water powerf .mills, of kw.-hr~

By type of producer:Central stationsf mills, of kw.-hr..Street railways, manufacturing plants, etc.

mills, of kw.-hr- .Sales of electrical energy:

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

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

mills, of kw.-hrRailroads:

Electrified steam mills, of kw.-hr..Street and interurban mills of kw -hr

Revenues from ultimate consumers (EdisonElec. Inst.) thous. of dol..

GASManufactured gas: *f

Customers, total- thousandsDomestic thousandsHouse heating.. _ thousandsIndustrial and commercial thousands..

Sales to consumers _. .. millions of cu. ftDomestic millions of cu ftHouse heating .. millions of cu ftIndustrial and commercial

millinTiS Of CU ftRevenue from sales to consumers

thous. of dolDomestic-. thous. of dol..House heating thous. of doL.Industrial and commercial... thous. of dol..

Natural gas:*tCustomers, total thousands

Domesti . thousandsIndustrial and commercial thousands..

Sales to consumers millions of cu. ftDomestic. _. _ _ . millions of cu ftIndustrial and commercial

millions of cu. ft..Revenues, from sales to consumers

thous. of doL.Domestic-- thous. of dol. .Industrial and commercial,— thous. of dol..

7,819

4,2073,612

7,368

451

-iiiiii:

" 7, 458

« 3, 966« 3, 492

« 6, 996

462

5,8421,0261,0593,119

176

59356

149, 852

9,8319 290

93437

31, 68520 0673 620

7 822

32 63224, 4922,1355,860

5 4935 157

33481 09529 089

51 , 059

29, 09218, 72910, 203

« 7, 703

« 4, 4773,226

« 7, 215

488

5,917967

1,0353,293

168

57349

147, 915

9,9159 374

95435

30, 18120 2672 177

7 583

32 20425, 0991,2905,693

5 5045 177

32570 39320 566

48 809

24 03214, 5689,309

« 7, 490

a 4, 7960 2, 695

a 7, 058

432

5,882973

1, 0493,273

144

55338

147, 337

9, 9339 396

92435

28 55820 260

793

7 364

31 24425, 077

5445, 521

5 4905 176

31364 73614 864

49, 017

20 86511, 7019, 036

« 7, 617

« 5, 0172,600

0 7, 188

429

5,808956

1,0603,212

150

54324

146, 529

9,9379 403

87436

25 32517 924

420

6 809

28 19522, 649

3035,141

5 4655 156'307

60 06911 215

47, 880

18, 4409,7848,506

<* 7, 722

« 5, 246« 2, 476

« 7, 330

392

5,982957

1,0803,337

167

54334

148, 464

9, 9689 431

89438

24, 66117 397

368

6 765

27 55422, 102

2725,071

5,4845 176

30760, 91210 223

49, 692

18, 0509,2428,668

« 7, 207

« 4, 8142,393

• 6, 846

361

5,7741,0241,1113,034

180

55323

150, 196

10, 0229 480

96437

27 58620 163

490

6 770

30 69424, 972

4025,210

5 5305 218

31064 02112 216

50, 819

19,41510, 3568,918

« 7, 833

« 5, 1382,695

« 7, 426

407

5, 9881,0811,1123,142

194

69353

155,812

10, 0279 474

106438

29, 23120 7321 295

7 022

31, 93525, 405

9125,488

5, 5885 263

32269, 45015 657

52, 983

21, 65512, 1039,430

« 7, 609

« 4, 664« 2, 945

« 7, 206

403

5,9891,1681,1572,989

203

56361

160, 451

9,9949 432

115438

30, 10119 1283 630

7 154

31 92124, 210

1,9425,638

5 6475 302

34380, 81223 135

56, 780

26, 58015, 93810, 509

8,058

4,8753,183

7,601

457

6,1261,2241,1922,969

206

64418

163, 807

9,9729 404

118441

32, 11919 1375 321

7 445

32 90224, 0602,9395,763

5,6735 316

35593, 38433 916

58, 444

33, 23921,41411,666

8,349

5,0793,270

7,881

468

6,4691,3171,2453,135

222

67431

170, 101

9,9159,346

121439

34, 80920 1986,391

8,000

34, 42424, 4853,7975,995

5,6205 267

351101, 57040, 640

59, 833

37, 67925, 30212, 198

a 7, 494

°4, 5122,982

0 7, 063

431

6,1941,2111,1643,103

213

62391

162, 470

9,9289,362

123433

33, 94319, 6526,019

8,071

33, 48223, 5763,7785, 989

5,6385 284

351100, 60639, 945

59, 514

36, 87024, 33912, 348

0 8, 012a 4, 447a 3, 564a 7, 553

459

6, 0811,1251,1203,134

201

67384

155, 884

9,9339 371

115435

32 09919 3434 620

7 941

32 22723, 2242,9835,880

5,6635 305

35693, 34335 452

56, 709

34, 03522, 16811, 683

FOODSTUFFS AND TOBACCOBEVERAGES

Fermented malt liquors:*Consumption (tax-paid withdrawals)

thous. of bbL. 3,431 2,855Production thous. of bbl- 4,465 3,703Stocks, end of month thous. of bbL. 7,219 6,325

Distilled spirits:*Consumption (tax-paid withdrawals)!

thous. of proof gal - 4,901 2,410Whisky.. thous. of proof gal.. 4,384 2,124

Production, total thous. of proof gal.. 15,171 9,635Whisky.. thous. of proof gal _. 14,329 8,828

Stocks, end of month thous. of proof gaL. 139,036 51,404

3,7964,4556,718

2,3842,0979,334

58,13752,859

4,5504,8266,868

2,3661,9748,1587,60063,35157,962

4,9395,0756,797

2,748 !2,2108,8148,18268,87263,422

4,5674,708

3,4312,8288,8388,17073,84168,343

3,5123,2716,270

4,6043,9619,4658,78578,38072,883

3,2773,2906,064

5,9635,26712,11011,20084,09378,471

2,9682,7215,654

6,0725,33812,22411, 25890,05584,198

2,7222,5925,438

6,3235,51614,53613,13498, 02891, 630

2,3292,8745,811

4, 2143,70015, 75414, 875109, 203102, 504

2,5452,8255,925

4, 5914, 20314, 54313,954119, 034112,082

1,414 1,676 1,306

136, 030.34

127, 46044,246

137,120.24

133,66547,206

159,369.24

174,69261,499

958

138,657.25

181,75963,812

1.3

133,067.24

171,68261,251

1,532

150,881.27

162,58957,881

1,577 2,672 2,825 3,137 1,235 1,202

137,487.26

141,80949, 392

144,961.27

130,86149,928

140,844.29

110,65541,564

136,810.31

102, 70239,110

128, 802. .34100,13042, 716

110,936.36

97,00337, 873

3,2704,0366,472

5,2584,71516,06715, 348129, 679122,560

1,492

114, 699.32

107,06038,127

Whisky thous. of proof gaL. 131,659Rectified spirits:

Alcohol, ethyl, withdrawn tax paid (see p. 36).Consumption (tax-paid withdrawals)**

thous. of proof gaL.DAIRY PRODUCTS

Butter:Consumption, apparent*! thous. of lb._Price, N. Y., wholesale (92score).dol. per lb._Production (factory)t thous. of lb_.Receipts, 5 markets thous. of lb._Stocks, cold storage, creamery, end of month

thous. oflb..a Revised.* New series. For earlier data see p. 19 of the May issue, manufactured and natural gas, and p. 19 of the June 1933 issue, butter consumption. Beverage figures are from

the U. S. Bureau of Internal Revenue monthly data on distilled spirits available beginning July 1933 and on fermented malt liquors, April 1933. Data on consumptionof rectified spirits, as indicated by the sale of stamps. Earlier data not published.

t For revised data for electric-power production for 1932 see pp. 38 and 56 of the May 1933 issue; for 1933 see p. 38 of the May 1934 issue; 1934 data also revised. Revisionsnot shown above will appear in a subsequent issue. Manufactured and natural gas revisions for years 1929-34, inclusive, are shown on pp. 19 and 20 of the May 1935issue; for butter production for 1931 see p. 20 of the January 1933 issue; for 1932 and 1933 butter consumption and 1933 butter production see p. 19 of the March 1935issue. Data consumption of distilled spirits revised to include brandy tax paid direct from fruit distilleries. For revisions see p. 39 of the March 1935 issue. Series onprepared roofing revised. Revisions for earlier months will be shown in a subsequent issue.

• Consumption of rectified spirits figures plus ethyl alcohol withdrawn tax paid (see p. 36) equals Bureau of Internal Revenue total of distilled spirits withdrawn tax paid.^ Revised series. Data revised beginning with January 1933. See p. 39 of the April 1935 issue. Revisions for 1933 will be shown in a subsequent issue.

5,587 11,838 27,161 70,148 108,748 120,467 125,047 | 111,073 J 81,034 47,175 18,907 8,110 «5,341



1935

April April i May

1934

une ! July August Septem-ber October Novem-

berDecem-

ber

1935


FOODSTUFFS AND TOBACCO—Continued

DAIRY PRODUCTS— ContinuedCheese:

Consumption, apparent! thous. of lb_.Imports# thous. of lb_.Price, no. 1 Amer. N. Y dol. per lb__Production (factory)t thous. of lb_.

Arnerican whole milkf thous. of lb_.Receipts, 5 markets thous. of lb._Stocks, cold storage, end of monthf

thous. of l b _ _American whole milkf thous, of lb_.

Milk:Condensed and evaporated:

Production:!Condensed (sweetened) thous. of lb._Evaporated (unsweet'ed) §. .thous. of lb._

Exports:Condensed (sweetened) thous. of lb._Evaporated (unsweetened) .thous. of lb_.

Prices, wholesale, N. Y.:Condensed (sweetened) dol. per case--Evaporated (unsweet'ed)— dol. per case..

Stocks, manufacturers, end of month:Condensed (sweetened):

Bulk £oods thous oflbCase goods thous. of lb._

E vapor ated (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._Qreater New York* thous. of qt._

Powdered milk:Exports .thous. of lb_.Orders, net, new thous. of lb_.Stocks, mfrs. end of mo thous. of lb._

FRUITS AND VEGETABLESApples:

Production, crop estimate thous. of bu._Shipments, car lot! carloads-Stocks, cold storage, end of month

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

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

GRAINSExports, principal grains, including flour and

meal! thous. of bu_-Barley:

Exports, including malt! thous. of bu__Price, no. 2, Minn.:

Straight* . dol. per buMalting* . dol. 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)._dol. per bu-_No. 3, white (Chicago) __dol. 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) dol. 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

dol. perlb..Production, crop estimate thous. of bu._Receipts, southern paddy, at mills

thous. of bbl. (1621b.)__Shipments from mills, total

thous. of pockets (100 lb.)_.New Orleans, .thous. of pockets (100 lb.)._

Stocks, domestic, end of monththous. of pockets (100 lb . )__

53,3114, 455

.1740, 54729, 43110, 688

54, 44646, 583

23, 224180, 943

7173,267

4.853.00

5 4475,552

74, 145

8,645

29,722

~105~286"

200

20, 782

3 107

1,18716,7412 385

935

17 688

1, 449

88

971 07

2,5507,684

445, 513

.93

.94

9,8787,905

15, 924

65.50

2,22411, 867

141 59315 644

.039

175

95359

2,842

« 47, 2523,676

.13« 46, 993« 35, 041

10, 553

65, 45052, 217

* 20, 513a 149,924

5974,053

4.852.70

4 9375,924

117, 115

4,225

36, 732

17, 758103, 395

31610, 92327, 648

2,254

1, 05513, 0392,933

2 013

19 763

6,220

425

2,67810, 911

2094,690

0).49

8,6329,471

57, 396

95.32

2,73632, 902

58 65644 493

.039

191

43652

2,215

59, 8543,936

.1461, 75447, 56315, 029

71, 46958, 073

24, 907188, 688

5441,615

4.852.70

8 4589,239

151,691

4,168

37, 908

18, 793111, 196

22512,67035, 003

1,387

39212, 3033 031

1 762

21 467

5, 182

408

3,5029,301

3715,271

0).55

8,07215, 87746, 808

68.35

5,00226, 205

41 26752 973

.039

191

41757

1,896

45, 3523,897

,1566, 54553, 22214, 392

96, 96079, 925

22, 103210, 750

1,2762,562

4.852.70

10 10513,912

153, 149

3,461

35, 202

19, 168110, 931

30914, 69140, 315

756

10, 140

1.541

25, 687

1,884

139

3,8138,317

2486,738

.57

.62

9,57911, 35338, 518

81.43

2,81122, 524

89 19759, 149

.039

183

52535

1,575

46, 9323,213

.1362, 68249, 10616, 487

115, 84297, 018

16, 997190, 089

1, 2613,278

4.852.70

9 92117, 156

205, 545

3,900

31, 899

20, 766110,460

20913, 18443,007

1,145

8, 1281,303

1 200

18 748

759

165

81.91

3,5096,946

5185,721

(l).66

26, 56813,61044, 830

76.45

3, 38821, 445

75 29658 464

.039

153

48371

1, 267

54, 8743,511

.1557, 88744, 65017, 257

122, 495103, 805

19, 425175, 125

9855,066

4.852. 70

9 °1017, 432

167, 864

5r 184

27, 988

19, 291103, 812

31911 60142, 838

1 897

7,0512 342

894

11 513

3,371

789

951 00

8, 5569,006

4716,539

.78

.76

41,44717, 48860, 451

69.49

7,23124, 605

59 42146 173

.039

244

55578

972

50, 1634,063

.1451,20638, 20512, 840

127, 363108, 624

16,226146, 130

7072, 759

4.852.70

9 47015, 891

175, 129

6, 332

24, 004

18, 099103, 331

37611,01*041, 794

10, 405

4, 0925, 8513, 8S2

1 006

14 7ol

3, 388

743

1 071.16

8, 59512, 403

3574, 889

.81

.84

18, 68510, 44862, 407

87.55

4, 88624, 241

31 32847 31 3

.039

836

74786

1,083

61, 1364,460

.1447, 46433, 73214, 277

118, 008102, 832

16, 691138, 107

5533,324

4.852.70

9 41713, 555

215, 700

6, 165

24, 174

18, 290106, 118

16311 62940, 795

17 742

10, 4087, 3943 514

948

21 627

2,884

582

1 021 10

5, 48413, 525

3085,302

.80

.82

16, 15712, 37258, 683

71.52

4, 51622, 627

61 16444 645

.039

1,974

993112

2,189

50,072 ! 42,3945,730 | 3,565

. 15 ! .1535,835 ! 31,16328. 146 I 21, 51713,609 9,522

109,972 102,19796,688 ' 89,878

15,943 i 13,683103,419 93,731

821 i 4702,840 ; 2,965

4.85 1 4.852.70 i 2.70

9 135 7 68711,236 10,516

203,402 156,793

6,552 6,880

23,449 j 24,747

17,846 17,350102,914 101,691

234 16811 437 11 17636,530 33,151

_--:«119,8557 77g 5 672

10,328 8 89013,631 ! 14,5332 083 1 886

1 006 975' «385' 287

14 8^9 12 066

2, 773 1, 842

535 111

1 06 1 091 17 1 20'- e!18,929

5,188 | 4,79614,900 i 14,401

224 ! 1474,062 5,261

.91 I .96

.93 1 1.01«1 380 718

8,858 ! 9,22612,514 ! 11,29450,537 ! 43,462

78 73.54 .56

•e528 8153,876 ! 3,119

22,191 | 22,576

61 640 53 22542* 643 46* 330

.049 | .0491 • 38, 296

910 612

810 1 71477 | 58

2,356 2,311

50, 5283,575

. 1726, 10918, 77113, 526

81, 22071, 007

14, 297118,562

4992,679

4.852.79

5 6358,068

59, 791

7,731

27, 094

17,656103, 072

21310, 70030, 207

5,732

6,92814, 8662 787

975

18 393

2,050

628

1 091 18

2,29712, 962

744, 051

.96

.98

6,7208,931

34, 204

91.56

1, 98321, 258

73 88293 287

.049

688

82978

2,247

42, 8204,084

.1827,74319, 49310, 821

70, 15660, 943

15, 122123, 657

5992,642

4.853.00

4 6465,153

28,913

9,622

25, 978

15, 74792, 157

22315 36723, 568

5 838

4,64614, 1992 601

1 006

20 923

1,615

209

1 081 15

1,89311,516

513,399

.92

.94

5,9997,767

28, 160

54.54

2,25619,443

46 194182 985

.039

1,280

1,054103

2,562

45, 8204,220

.1734, 40823, 8918,955

°62, 851"54, 769

18, 764141,331

8424,882

4.853.00

°4 8803,714

39, 993

7,700

29, 838

17, 624105, 684

17012 456

« 20, 407

4 674

«2, 64215, 1981 208

881

20 878

1,762

128

1 011 08

2,1049,005

624,574

.88

.89

7,5599,308

21, 923

68.49

2,26114,366

26 1218l' 158

.039

825

91033

2,5500 Revised. « Dec. 1 estimate. « Prices not available.

* New series. For earlier data see p. 20 of the November 1932 issue, barley, receipts of milk in Greater New York, p. 20 of the August 1934 issue. Since the division ofno. 2 barley by the Department of Agriculture into straight and malting grades as of July 1,1934, prices for each grade have been reported separately.

! Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: For 1931 on "apparent consumption of cheese, production of total andAmerican whole-milk cheese, and production of condensed and evaporated milk, p. 20, January 1933. For earlier data on stocks (cold-storage holdings) of total and Americanwhole-milk cheese, p. 19, April 1933. For 1932 revised data on production of factory and American whole-milk cheese, production of condensed and evaporated milk, p. 39,September 1933. For subsequent revisions for 1932 on production of evaporated milk, p. 39, November 1933. For 1932 and 1933 revisions on cheese consumption and 1933revisions on production of cheese, condensed and evaporated milk, see p. 19 of the March 1933 issue. For final revision for 1933, car-lot shipments of apples, citrus fruits,onions, and potatoes, see p. 20, January 1935 issue. For 1932 exports of rice, p. 39, June 1933. For revised figures on 1933 exports of grains (total barley, corn, and rice bymonths), see p. 2 of September 1934 issue.

* See footnote on p. 35 of this issue. Data for 1933 also revised, see p. 20 of the October 1934 issue(§ Bulk evaporated milk not included since December 1931.* Represents the visible supply east of the Rocky Mountains as reported by Dun & Bradstreet.


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

1935

April

1934

April May June July August Septem-ber October Novem

berDecem-

ber

1935

January F^yU' March


GRAINS— ContinuedRye:

Exports, including flour thous. of bu._Price, no. 2, Minneapolis dol. 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_.

Prices, wholesale:No. 1, Northern, Spring, Minn.*

dol. per bu._No. 2, Red, Winter, St. Louis, dol. per bu_.No. 2, Hard, Winter, K. C_..dol. per bu._Weighted average 6 markets, all grades

dol. per bu_.Production, crop estimate, total

thous. of bu._Spring wheat ..thous. of bu._Winter wheat . -.thous. of bu_.

Receipts thous. of bu_.Shipments ...thous. of bu._Stocks visible supply, world thous. of bu

Canada thous. of bu__United States * - thous. of bu-

ttocks, held by mills (quarterly)thous. of bu_.

\Vheat flour:Consumption (computed) f thous. of bbl.Exports thous. of bbl__Grinding of wheat -thous. of bu_.Prices, wholesale:

Standard Patents, Minn dol. per bbl—Winter, straights, Kansas City

dol. per bbl—Production:

Flour, actual (Census) thous. of bbl_.Flour prorated, total (Russell's) f

thous. of bbl—Offal. _. thous. of lb-Operations, percent of total capacity

Stocks, total, end of month (computed)thous. of bbl

Held by mills (quarterly)., thous. of bbl .

LIVESTOCK AND MEATS

Total meats:Consumption, apparent A mills, of Ib .Production (inspected slaughter) A

mills, of IbStocks, cold storage, end of month, total

mills, of lb—Miscellaneous meats.. ._ niJlls. oflb .

Uattle and beef:Beef and veal:

Consumption, apparent A thous. oflb..Exportsf . ..thous. oflbPrice, wholesale:

Beef, fresh native steers, Chicagodol. per Ib-.

Production, inspected slaughter Athous. oflb—

Stocks, cold storage, end of monththous of Ib—

Cattle and calves:Movement, primary markets:

Receipts thous. of animals..Slaughter, local thous. of animalsSlaughter, inspected. (See Leather and '

leather products.) jShipments, total thous. of animals..!Stocker and feeder thous. of animals, .

Price, wholesale, cattle, corn-fed, Chicagodol. per 100 lb-

Hogs and products:Hogs:

Movement, primary markets: !Receipts thous of animalsSlaughter, local . thous. of animalsSlaughter, inspected. (See Leather

and leather products.)Shipments, total thous. of animals..!Stocker and feeder thous. of animals. _

Price, heavy, Chicago dol. per 100 lb-Pork, including lard:

Consumption, apparent thous. oflb—Exports, totalf ..... thous of Ib

Lardf thous of IbPrices: j

Hams, smoked, Chicago dol. perlb.JLard: !

Prime contract, N. Y dol. per lb__|Refined, Chicago*—. dol. per Ib—

0.61

1908,988

1,25230

1.19.97

1.05

1.13

6,3907,971

216, 18142, 832

26635, 460

7.48

5.91

7,785

621, 69748

81466

~ 1,~034

.192

77, 848

1,6301 025

587219

12. 55

1 6501 138

50628

8.96

14, 7877 193

.106

.138

.143

9.57

25111,002

5,4823,576

.84

.83

.78

.83

8,4086 492

495 150211,09186, 856

7,963406

34, 187

6.34

5.28

7,455

8,298607, 078

48

4 764

1,015

1,057

93552

«448, 9302 063

.099

437, 914

46, 590

1,5921 045

518147

7.44

2 6741 883

78128

3.87

518, 58849 76239 350

.138

.071

.073

0.60

1,36810, 505

4,3351,456

.94

.87

.86

.94

12, 47914 566

463 660196, 86977, 631

9 052270

37, 089

6.84

5.48

8,103

9,208657, 205

50

4 650

1 178

1 241

92053

"499, 8081 514

.123

«493, 770

42, 546

1,8091 209

592162

8.23

3 076 >]

2 272 l

79839 !

3.58

631, 25079 94266 167

.136

.066

.070

1.69

1, 90311, 452

1, 415387

1.04.91.89

.95

23, 44515, 447

451 860190, 71779, 395

102, 968

8,487219

34, 476

7.05

5.79

7,507

8,407613, 279

46

4,5703,914

0 1, 084

1,142

93261

«461, 5141,356

.113a463, 019

45, 471

1,8121,225

585139

8.57

2 6841 934

75945

4.34

577, 16656 25141 008

.156

.068

.073

0i -74

! 2, 24612, 208

! 2, 168826

i 1 08j .92

.93

: .95

49, 70816, 831

477 190185, 120117,973

7,5501 286j 33,701

7.18

6.01

7,325

7,966600, 486

47

4 700

a 971

0 1 066

99478

"430, 1962 250

.114

"444, 139 !

61,545 ;

2,985 ;

1 672

1,231 \470

8.40

2 5191 777

73246

4.85

493,580 i51 24333 466 '

.171

.072 j

.081

0.89

84711,798

2,0421,776

1.201.011.07

1.15

23, 04513, 934

491 130183, 710121, 727

8,891435

39, 682

7.46

6.14

8,654

9,425704, 298

52

4 920

0 1,063a 979

88190

«454, 9012 269

.125

"469, 317

80, 075

4,2342 186

2,041802

8.50

2 0671 420

64559

6.19

"550 98445 64429 358

.172

.090

.099 !

2.87

1,40111,776

2,199109

1.211.041.08

1.19

19, 08214, 767

506 250222, 260119, 001

160, 904

9,268443

40, 371

7.50

6.22

8,822

9,881716, 936

59

5 0903 473

959

954

852105

461, 1321 683

.141

"471,010

92, 575

3,7772 140

1,071550

9.36

2 0931*531

56167

7.23

«442 69341 65031 506

.184

.102

.116

0.76

1,50212, 323

1,92357

1.15! i.oo

1.02

1.14

12, 94615, 395

497 570246, 247107 050

9 875397

41, 833

7.32

5.88

9,181

10, 382736, 619

55

5 200

1 154

1 161

828107

522, 2981 638

.133

535, 042

108, 399

3, 0001 711

1. 257' 477

8.71

0 gQ7

2 032

77166 i

5.95

°568 25735 73726 870

.176

.101

.108

0.76

2, 33213,425

1,936152

1.141.011.02

1.13

9,15415 066

471 620249, 68698 756

8 881380

37, 393

7.25

5.79

8,211

9 311655, 023

53

5 250

1 086

] 204

921113

464, 7391 961

.123

481,645

127, 953

2, 163] 356

835317

8.46

3 2182 338

88152

5.95

0570 49234 023IQ 739

.164!

.112

.116

0.80

• 16, 040445

12, 572

1,51132

1.171.041.04

1.12

«496, 469• 91, 435

•405 0347,8438 051

509 410253, 11989 766

134 935

8 694315

34,323

7.25

5.85

7,547

8 585601, 417

49

4 8203 857

%0

1 122

1,077126

422, 8221 371

.126

429, 835

140, 940

1,7971 221

565165

9.17

3 1402 189

95342

6.51a486 499

25 67016 170

.161

.122

.131

1 0; .76

! 86; 11, 486

I 1,2571 14

1.181.021.01

1.12

5, 1278 638

i 517 317i 242,3631 74 774

8 600265

1 37,766

7.32

5.79

8,315

9 024657, 904

51

4 700

1 003

988

1,021110

466,8141 342

.157

449,865

127, 097

1, 8891 O96

649199

10.88

2 4221 651

76-130

7.99

482 72627 41917 667

.165

.136

.144

0.69

i 5710, 630

1,3014

1.15.98

1.00

1.12

3,7716 846

481 793235, 51562 769

8 009276

34, 509

7.28

5.75

7,599

8 465599, 975

53

4 600

777

777

98189

365, 4141 1G4

.175

345.112

110,777

1,381859

509192

11.98

1 8231 223

60126

8.49

365 74924 16515 890

.176

.143

.145

i o.61

4059,652

1 50210

1.13.95.97

1.06

4, 6686 355

445 599227, 25952 735

87 314

8 6971 317

a 36, 309

7.16

5.66

7,986

8 767a 631, 700

°49

4 5003 582

828

782

°91378

394, 5381 285

.184

374, 848

a 98, 550

1,470915

537192

12.33

1 6221 126

59832

9.29

377 01419 36410 635

.167

144.148

•Revised. * New series. For earlier data, see p. 20 of the November 1932 issue, rye: p. 18 of the January 1934 issue, wholesale price of lard, and p. 20 of thisissue, wholesale price of wheat, No. 1, dark Northern, spring, Minneapolis.

t Data revised. For revisions of wheat flour, production and consumption (Russell's) from July 1931 to December 1932, see p. 19 of the August 1933 issue. For revisionsof beef and veal exports for 1932, see p. 40 of the June 1933 issue. For revised export data for 1933, see p. 20 of the September 1934 issue.

• Dec. 1 estimate.• Represents the visible supply east of the Rocky Mountains as reported by Dun & Bradstreet.4 Government slaughter not included, see p. 44.



LIVESTOCK AND MEATS— Continued

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

thous of IbLard thous. of lb_.

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

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

Sheep and lambs:Lamb and mutton:

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

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

thous. of lb-_Movement, primary markets:

Receipts - thous. of animals ._81auCThter local thous. of animals -_Slaughter^ inspected. (See Leather and

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

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

Ewes Chicago _dol. per 1001b__Lambs Chicago dol. per lOOlb.-

Poultry and eggs:Eggs:

Receipts 5 markets thous. of cases _ _Stocks, cold storage, end of month:

Case thous. of cases—Frozen thous. of Ib—

Poultry:Receipts, 5 markets thous. of lb._Stocks, cold storage, end of mo.

thous. of Ib.-

TROPICAL PRODUCTSCocoa:

Imports # l°ng tons—Price, spot, Accra, N. Y dol. 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. dol. per lb~Receipts at ports, Brazil thous. of bags—Stocks, world total* incl. interior of Brazil

thous. of bags...Visible supply, total excl. interior of Brazil

thous. of bags..United States thous. of bags--

Sugar:Raw sugar:

Cuba:Stocks, total, end of month

thous. of long tons—United States:

Moltings 8 ports t long tons__Price, wholesale, 96° centrifugal, New

York dol. per Ib—Receipts:

From Hawaii and Puerto Ricolong tons—

Imports t# long tons—Stocks at refineries, end of mo.f

long tons..Refined sugar:

Exports including maple! long tonsPrice, retail, gran., N. Y dol. per Ib—Price, wholesale, gran., N. Y._dol. per Ib—Receipts:

From Hawaii and Puerto Rico*.long tons..Imports:

Cuba* long tonsPhilippine Islands* long tons .

Shipments , 2 ports! long tons _ _Stocks, end of month, 2 ports! ..long tons..

Tea:Imports # thous. of lb-_Price, wholesale, Formosa, fine, N. Y.

dol. per Ib —

MISCELLANEOUS PRODUCTS

Candy sales by manufacturers-.thous. of dol—Fish:

Landings, fresh fish, principal portsthous. of Ib

Salmon, canned, shipments cases —Stocks, total, cold storage, 15th of month

thous. of Ib—

1935

April

1934

April May

FOODSTUFFS

-""I-666, 619565, 699100, 920

3,030

2,1061,223

88688

4.006.58

1,866

3,90259, 309

14, 178

61, 721

17, 051.0491

22, 657

1,138612

1,061.071

1,344

0)

7,153715

2,465

340, 929

.033

168, 519242, 346

567, 039

4, 209.052.049

12,806

45, 1644,816

6,049

.275

22, 068

572, 457113, 056

835, 185656, 087179, 098

47, 676

46, 976

1,281

1,838959

872135

4.758.90

2,051

4,64062, 632

13, 347

49, 212

26, 539.0539

22,287

842425996

.1041,212

31,118

8,600891

2,422

272, 885

.028

155, 446214, 079

516, 505

4,246.051.044

15, 294

9,913a 29, 518a 18, 690

4,493

.193

16, 792

37, 906229, 108

15, 839

699, 676137, 597

823, 808641, 568182, 240

<* 47, 167

47,286

1,363

2,1141,014

1,104155

3.008.97

1,927

7,81993, 947

19, 604

39, 790

8,044.0561

9,850

903418790

.103780

29, 309

8,564932

2,475

344, 352

.028

146, 258250, 111

561, 680

5,622.051.041

14, 180

16, 47321,512

" 50, 901« 10, 756

4,389

.199

16, 884

34, 848203, 316

20, 553

June

AND

633, 062124, 069

823, 560628, 425195, 135

<> 45, 726

« 45, 846

1,450

1,810918

891115

1.637.24

1,452

8,965116, 058

22, 755

40, 609

10, 843. 0572

10, 568

1, 449546736

.102901

27, 141

8,526886

2,364

350, 731

.029

149, 087197, 640

537,831

4,649.052.045

12, 366

21, 2263, 323

0 40, 4500 12, 122

5,419

.215

12, 945

30, 699263, 883

34, 674

July August Septem-ber October Novem-

berDecem-

ber

1935

January FZa' \ Moreh

TOBACCO — ContiDued

574, 229107, 101

853, 063643, 566209, 497

a 47, 467

a 47, 567

1,518

2,152998

1,155190

1.785.91

1,009

8,961121, 564

22, 417

44, 904

10, 456.0535

10, 798

787512788

.095919

0)

8,496955

2,212

300, 448

.032

188, 19653, 117

633, 593

6,376.055.047

11, 039

18, 317590

- 49, 9730 8, 565

6,471

.215

10, 010

33, 392496, 061

50, 777

452, 67278, 125

709, 165542, 010167, 155

0 57, 191a 57, 313

1,608

2,6151,106

1,482390

1.475.59

828

7,938111,994

21, 861

46, 053

10, 914.0535

15, 803

1,077649758

.0971,245

0)

8,499916

2,041

307, 685

.033

73, 18091, 212

626, 796

9,494.055.047

536

15, 4390

a 44, 971« 4, 415

9,193

.215

16, 433

37, 791832, 225

62, 601

427, 32469, 424

652, 274524, 220128,054

55, 209

56, 061

2,400

3, 3241,384

1,931774

2.095.56

665

6,80399,951

24, 725

55, 262

18, 973.0510

3,441

1, 467783919

.0951,047

2 22, 266

8,302818

1,764

350,048

.029

98, 415683, 137

501, 240

13, 369.055.047

3,089

134,1940

0 55, 4770 10, 565

7,426

.215

24, 420

33, 240941, 121

73, 637

561, 80788,548

610, 256504, 737105, 519

63, 765

64, 478

3,074

4,0562,126

1, 943908

2.005. 56

655

4,63388, 715

31, 383

73, 401

17, 154.0485

11, 822

1,308815

1,018.094

1,154

2 21, 133

7,064866

1,589

411, 507

.029

49, 393241,262

363, 952

20, 194. 055.046

0

64, 7242,619

o 42, 481a 15, 854

7,942

.215

25, 106

20, 288889, 651

77, 151

"669, 797« 108, 746

675, 740571,913103, 827

50, 806

52, 451

4,687

1,8331,017

819283

2.005.61

588

2,38076, 073

64, 370

105, 565

16, 713.0487

32, 462

978514

1,021.093

1,113

0)

6,820820

1,345

278, 822

.029

65, 794165, 562

456, 679

24, 453.053.045

670

4,9112,435

36, 98123, 429

7,668

.215

24, 935

26, 966367, 430

77, 126

641,917109, 999

805, 670687, 563118, 107

50, 678

50, 625

4,560

1,542902

644133

2.635.98

642

64864, 879

59, 223

132, 001

10, 933.0504

45, 259

1,076572762

.0931,105

26, 168

6, 642716

983

227, 522

.029

58, 463260, 715

718, 953

21,461.052.043

2, 528

6,34353

37, 41425, 969

5,015

.215

24, 596

24, 350362, 326

73, 850

484, 69178, 393

780, 481667, 984112, 497

a 53, 665

52,990

3,819

1,7491,022

720151

3.916.53

750

3952, 726

23, 641

122, 285

23, 378.0527

59, 032

1,096609

1,059.094

1,093

25, 904

6,537705

930

356, 818

.028

100, 368484, 448

483, 143

8,948.052.042

6,972

53, 2SO18

42, 30918, 110

7,385

.215

20, 475

21,616348, 805

64, 176

385,906 1 351,30261,221 J 55,640

776, 795 1 a 732, 280666, 598 ' a 627, 346110, 197 <* 104, 934

45,856 56,365

45,600 56,179

3, 506 ! « 3, 218

1,522 i 1,803850 i 1, Oil

666 ! 784134 j 137

4. 09 4. 136.47 6.63

858 ! 1,488

34 | « 1, 50839,413 i « 39, 516

16,501 1 13,542

106, 776 ! a 83, 713

46, 706 44, 285.0525 .0500

52, 091 30, 175

1,118 : 1,006724 ! 610

1, 199 ; 1, 201.085 ! .076

1,029 1,514

0) 0)

6,477 6,915878 ( 769

1

1,789 2,317

300,884 327,724

.029 .030

151,033 181,898139,153 205,251

439,952 508,114

10,307 7,932.051 .051.042 .043

18,816 13,158

18,385 15,2630 729

6, 524 8, 401

.275 .275

21,238 21,753

27 454659,355 676,996

51, 574 ; 35, 213

a Revised. Note major correction in data on imports of sugar from Cuba June-November 1934.* New series. For earlier data, see p. 20 of the August 1934 issue, for receipts of refined sugar from Hawaii and Puerto Rico and imports from Cuba. Data prior to May

1934 not available on imports of refined sugar from the Philippine Islands.f For revised data for 1932 on sugar meltings and stocks, see p. 41 of the May 1933 issue. For 1932 revisions of sugar imports and exports, see p. 41 of the June 1933 issue.

For revisions of exports in 1933, see p. 20 of the September 1934 issue. Revised data on shipments and stocks of refined sugar at 2 ports will be shown in a subsequent issueChange resulted from a reduction in the number of reporting refineries.

# See footnote on p. 35 of this issue. Data revised for 1933, See p. 20 of the October 1934 issue.1 Data not available.2 Total incomplete.A Government slaughter not included, see p. 44.


Monthly statistics through December 1931, 1935

ences to the sources of the data, may be found A --,in the 1932 Annual Supplement to the Survey Apni

1934

April May June July August » October Novem-ber

Decem-ber

1935



Small cigarettes millions--Large cigars thousandsManufactured tobacco and snuff

thous. of lb__Exports, cigarettes . thousandsPrices, wholesale:

Cigarettes..- dol. per 1,000__Cigars dol. per 1,000—

10, 697373, 673

27, 689261, 677

5.38046. 041

9,294345, 067

27, 260344, 740

5.38046. 839

11, 174380, 450

29, 056336, 264

5.38046. 839

12, 045404, 456

29, 420252, 609

5.38046. 839

11, 355378, 056

28, 691225, 387

5.38046. 839

11,810425, 453

30, 948310, 334

5.38046. 839

10, 294394, 862

27, 234260, 409

5.38046. 839

10, 718494, 456

30, 506280, 590

5. 38046. 742

9,727466, 164

27, 769282, 269

5.38046. 697

9,210317, 563

22, 709288, 768

5.38046. 697

11,337327, 578

30, 120332, 412

5.38046. 697

9, 306 10, 200320, 864 351, 694

26, 103 27, 970329, 290 323, 732

5. 380 5. 38048. 820 46. 820

FUELS AND BYPRODUCTS

COALAnthracite:

Exports thous, of long tons..Prices:

Retail, composite, chestnutdol. per short ton_.

Wholesale, composite, chestnuttdoi. per short ton..

Production! thous. of short tons..Shipments! thous. of short tons

Stocks in storage: •Total thous. of short tonsStocks, in yards of dealers, end of month

no. of days' supply _-Bituminous:

Consumption:Coke plants thous. of short tonsElectric power plantsf.-thous. of short tons..Railroads thous. of short tonsVessels, bunker thous. of long tons

Exports . _ _ thous. of long tons__Price, retail composite, 38 cities

dol. per short ton..Prices, wholesale:

Composite, mine run... dol. per short ton..Prepared sizes (composite)

dol. per short ton..Production f thous. of short tons .Stocks, consumers, end of month

thous. of short tons..COKE

Exports thous. of long tons. .Price, furnace, Connellsville

dol. per short ton..Production:

Beehive! - thous. of short tonsByproduct! .- 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 PRODUCTS3 rude petroleum:

Consumption (run to stills) thous. of bblImports # thous. of bbl _Price, Kansas- Oklahoma dol. per bbl._Production !§ 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 ! §-,__thous. of bbl__Refineries ! § thous. of bbl__Tank farms and pipe lines! §thous. of bbl

Wells completed!! number..Mexico:

Exports thous. of bbl_.Production thous. of bbl__

Venezuela:Exports thous. of bbl._Production - thous. of bbl» Revised.

121

12.47

9.132p4, 7924,168

456

3,9692,538

95882

8.24

4.180

4.314*21, 920

36, 330

18

3.60

672,670

3,019

2,651.940

;;;;;;;;;2,1623,120

11,32111, 141

v Pre\-nA\nn±nA

71

12.94

9.4594,8374,173

690

44

4,306"2, 3934, 837

81675

8.18

4.120

4.23324, 599

27, 711

25

3.59

612,875

101

1,964553

73, 5632,877.940

75, 79671

78, 96535. 659

312, 00555, 482

256, 523914

2,1793,206

9,96211, 028

liminary

125

12.34

9.0845,2504,491

1,165

69

4,757«2, 6534,804

1221,074

8.13

4.179

4.21727, 385

28, 490

52

3.64

513,192

74

1,948515

76, 2583,442.940

79, 87070

76, 60435, 467

313, 84057,069 1

256,771 i1,112

2,1672, 715 \

10,723 \11,542 !

89

12.40

9.2164,1843,495

1, 541

61

4,459°2, 8074, 553

107991

8.18

4. 200

4. 23625, 877

29, 493

66

3.73

512,990

104

2,047504

76, 0543,947.940

80, 04072

74, 81535, 507

315, 26356, 738

258, 5251,126

a 1, 988•2,919

10,82211,203 ;

82

12.60

9. 4513,4432,974

1,769

65

3,529"2, 9454,543

1011,108

8.23

4.185

4. 34324, 869

30, 387

105

3.73

512,381

96

2,312494

80, 0652,561.940

81, 54873

73,834 i35,881 ;

312,93855,959

256,979 :1, 182

«2,622«3,303 i

10,57611,976 .

87

12.83

9.5983,5843,110

2,197

79

3,376"3, 0074,735

1191,036

8.30

4.199

4.39327, 452

31, 441

127

3.73

442,280

101

2,648478

79, 9282,621.940

79, 05872

71, 20736, 279

308, 13855,432

252,706 i1,216

"2,100 ;«3,435 ;

10,661 !

12,233 ,

90

13.05

9.7603,9773,401

2,506

80

3,241"2,7424,801

981,033

8.31

4.192

4.43527, 772

33, 077

114

3.73

552,175

110

2, 8464S4

73,6113,270.940

75, 81068

69, 49036, 672

305, 74056, 245

249, 4951,047

2,573"3,277

10, 58612, 076

~.4-r, ~t 4-^V

122

13.11

9.8154,7294,027

2,673

54

3,481"2, 9155,089

1091,059

8.35

4.190

4.44932, 807

35,810

92

3.73

762,317

129

3,081464

75, 9912,395.940

76, 77667

67, 13337, 209

302, 63656, 339

246, 2971,234

1,4073,394

10, 93012, 241

120

13.04

9.8334,1813,601

2,540

60

3,438«2, 6984,855

120949

8.35

4.190

4.44930, 856

36, 356

83

3.73

942,267

113

3,418459

73, 7843,448.940

72, 46369

63, 89137, 290

297, 06855, 253

241, 8151,032

1,6463,333

10,31911,732

inoo ^

91

13.02

9.8474,7054,214

1,921

36

3,6372,8705,248

89537

8.36

4.190

4.46032, 331

34, 476

42

3.73

842,418

97

3,418405

76, 5932, 794.940

75, 01070

61, 86137, 529

292, 81055, 019

237, 7911,050

1,9573,425

11,11212, 115

116

13.01

11. 0335,6915,071

1,415

24

4,1993,0115,550

79366

8.37

4.180

4.459«36,681

32, 045

32

3.73

882,802

116

3,129375

75, 4561,699.940

78, 71569

60, 87937, 823

293, 22655, 892

237, 3341,004

1,5792,894

11,52812, 451

140

13.02

9.8414,5053,946

921

23

4,178« 2, 677

5,09482

351

8.39

4.180

4.462"34,781

32, 197

25

3.73

932,781

110

2, 860353

70, 8171,753.940

72, 763

60, 68937, 447

292, 77656,316

236, 4601,103

1,2212,662

9,94410,916

84

13.01

9.7163,0822,555

774

24

4,381" 2, 644

99356

8.39

4.180

4. 446" 38, 655

" 38, 543

23

3.70

1012,911

119

2, 961367

76, 6303,227. 940

81,48868

59,7143G, 872

295, 35157,651

237, 7001,209

2,1493,519

10, 51011, 654

r~~ inoof Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: Exports of tobacco for 1932, p. 42, June 1933—data revised for 1933.See p. 20 of the September 1934 issue; 1932 final revision of anthracite and bituminous coal production, p. 42, January 1934. Bituminous coal production revised for 1933 and1934. Revisions not shown in the May 1935 issue will appear in a subsequent issue; anthracite shipments for 1932, p. 42, December 1933; consumption of bituminous coal byelectric power plants for 1932, p. 42, May 1933; for 1933, p. 42 May 1934. Data also revised for 1934. Revision not shown above will appear in a subsequent issue: beehiveand byproducts coke for 1932, p. 43 of December 1933 issue and for 1933 revisions see p. 43, July 1934. Crude petroleum production, stocks, east of California (total), at refineriesand at tank farms and pipe lines, and wells completed, for 1932. See footnote on p. 56, November 1933.

# See footnote on p. 35 of this issue. Data revised for 1933. See p. 20 of the October 1934 issue.J Price converted to short-ton basis. Data prior to November 1931 not published.«Dec. 1 estimate.§ Data revised for 1933. See p. 20 of the January 1935 issue.• Beginning with August 1934 certain anthracite stocks were included which had not been covered in previous reports. The original figure for the end of August 1934

was 2,023,120 tons; revised for the month was, as shown, 2,197,411 tons.



1935 I

April j

1934


berDecem-

ber

1935

January! F^ru- ; Mflrch

FUELS AND BYPRODUCTS—ContinuedPETROLEUM AND PRODUCTS— Con.

Refined products:Gas and fuel oils:

Consumption:Electric power plants! -.--thous. of bbl— 773Railroads tlrus. of bbl— .Vessels, bunker -thous. of bbL.; 2. 402

Price, fuel oil, Oklahoma, 24-26 refineries |dol. per bbL. \ .750

Production:Residual fuel oil*!§ tbous. of bbl—Gas oil and distillate fuels* !§

thous. of bbl—Stocks:

Residual fuel oil, east of California*! §tbous. of bbl—

Gas oil and distillate fuels, total* §thous. of bbl

Gasoline:Consumption! § -.- tbous. of bbL-Exports • _ -thous. of bbL- 1,330Exports, value. (See Foreign Trade.)Price, wholesale:

Drums, delivered, N. Y dol. per gaL- . 138Refinery, Oklahoma dol. per gaL- . 051

Price, retail, service station, 50 citiesdol. per gaL.

Production:At natural gas plants! §. — thous. of bbL.iAt refineries!! thous. of bbL-!

Retail distribution (41 States)!mills, of gal-

Stocks, end of month: iAt natural gas plants^ thous. of bbL-At refineries! § thous. of bbl

Kerosene:Consumption!! thous. of bbl—Exports thous. of bbL- 498Price, 15~6° water white, refinery, Pa.

dol. per gaL. .050Production! - —thous. of bbl._!Stocks, end of month§ thous. of bbl—

Lubricating oil:Consumption!! thous. of bbL-Price, cylinder oil, refinery, Pa. i

dol. per gaL. . noProduction! thous. of bbL-Stocks refinery endofmo§ thous. of bbL _

Other products:Asphalt: !

Imports#. ..thous. of short tons— iProduction!! thous. of short tons,.Stocks, refinery, end of month

thous. of short tons— iCoke. (See Coke.)Wax:

Production thous. of lb—Stocks, refinery, end of mo §. thous. of lb_.

3,1182,457

.750

19, 344

7,563

15, 673

11, 403

32, 7352,436

.145

.045

.136

2,92634, 097

979

1,27640, 914

3,6541,148

.0484,6474,822

1,651

.2202,3226,796

3205

378

39, 48091, 763

i "813! 3, 174| 2, 652

! .750

1 20, 297

| 7, 761

16, 501

13, 174

38, 1411,643

.150

.048

.139

2,90735, 194

1,062

1,51736,507

3,222648

.0474,5485,470

1,941

.2192,5776, 773

1 ;250 '

382

41, 720101,551

a 8593,2342,530

.750

20, 136

8,042

19, 249

16, 313

36, 2961,780

.155

.046

.141

2,83834, 850

1,067

1,64633, 885

2,372962

.0484,2066,335

1,569

.2082,2116,752

3278

358

40, 320108, 087

i

!!a890 ° 926 °8663,242 ! 3,216 3,2822,412 2,633 2,350

.725 i .725 .725

i 20,824 ; 20,139 19,447

a 9263,4942, 354

.725

20, 070

7,651 8,723 ! 8,298 7,904

21,659 i 24,645 26,768 27, 379

19,603 22,927 24,295 24,848

! 37,395 38,941 34,934I 1,495 1,766 1,677

. 155 . 155

.045 .047.155.046

.140 .139 .136i

2,960 3,031 3,04637,078 j 37,296 34,488

1, 090 1, 123

1,590 j 1,58933, 190 ! 30, 421

1,074

1,34628, 949

2,815 ! 2,804 3,571751 > 976 789

.046 1 .0464,320 ! 4,3767,062 ; 7,651

1,491 1,498

.0474,2627,539

1,387

.183 ! .148 .1602, 209 ! 2, 1526 782 i 6 841

2,106R OAK

3 1318 i 320

i359 i 339

1

263

3151

34, 160 33, 880 33, 8*0115, 137 | 119, 702 j 118, 991

37, 5351,823

.155

.043

,119

3, 23836, 282

1,094

1,08326, 340

3, 956QK7yo/

.0494,8897, 497

1,677

.1462,145& QOQ, yoy

0267

292

39, 480123, 099

..i

; i i800 ! 894

3,215 ! 3,3532,250 I 2,434

.750 ! .750

19,913 ! 21,006

8, 044 8, 136

28,081 26,579

24,449 ! 21,957

34, 961I 1, 833j

.165

.046

.124

3,21235, 591

1, 022

88925, 201

4,451£>OK0/0

.0484,7867,199

1,495

.1342,090c CAQo, ooy

15

307

39, 480130, 222

30, 4861,429

.161

.046

3,23635, 997

9310 1, 33628,311

4,7617

.0464,7776,398

1,394

.1262,346

11 1

0153

i

892 a 79Q i a 8] 23,437 ! 3,108 i2, 477 j 2, 148 2, 698

.750 . 750 ! . 750

20, 335 j 19, 178 20, 453

7, 696 , 7, 147 8, 678

25, 274 I 24, 136 ; 23, 614

18,021 16,260 i 16,052

28, 062 ! a 26, 432 , 31, 9971,845 1,092 i 2,081

. 136 ! . 128 i . 120

.045 i .044 ! .046

3,286 2,952 l 3,22335,330 32,702 35,314

848 • 809

1,461 I 1,472 I 1,77833,224 ! 38,548 | 40,220

} |4,299 ! 4,597 | 3,959

691 j 441 ! 538

. 047 ! . 049 . 0505,011 1 4,791 ; 5,2156,388 j 6,119 ; 6,834

1,557 1,297 1,617

. 110 : . 113 1102,175 | 2,028 : 2^2517, 100 ; 7, 416 7, 277

3 ! 9 8147 ' 1*39 189I'll \ ioZ 1OZ

33g Sfifi Q7C /mo

37, 520136, 136

!

36,960 i 35,280 37,240141,252 1 145,744 141,809

LEATHER AND PRODUCTSHIDES AND SKINS

Imports, total hides and skins!??- thous. of lb—! 24,736Calf and kip skins- .thous. of lb—' 1,140~ 12,815

6,1323,160

22, 6251,2217,2659,1193,124

21,235 i2,2595,184 i7,217 !4,247 i

22,181 !1,9149,5775,8183,006 ,

19,9071,9008,2685,6072,930

12,958808 !

4,571 i4,355 i2,512 i

10,879

2,4083,906 I2,409 !

463 |851 I

2,601 I1,479 i

.099 i

.093 I

4255,354 |

970 |1,474 i3,290 |2,222 I

.27 |

.297 !

10, 018919

2,1483,2022,658

11,095658

3,7633,2192,554

541981

3, 5461,657

.096 j

.092

363 i6,684 |

1,161 J1,678 j3,637 I3,062 |

.27 |

.296 i

8974,0231,329

.099

.110

4516,030

1,0151,684 •3,329 :2,871 i

.27 i

.298 i

12,6351,0925,3422,8562,397

447796

4,1961,295

.110

.114

2335,677 i

1,079 i1,683 j3,274 I2, 707 I

.307

16,879 |1,289 |5,610 i5,752 i2,549 |

18,5681,3067,4025,8702,351

24, 7051,42911,8016, 4803,440

Cattle hides thous. of lb_.Goat skins - thous. of lb-Sheep and lamb skins thous. of lb—

Livestock, inspected slaughter: I I ' ICalves A - thous. of animals— 511 526 600 541 525 j 518 'CattleA thous. of animals.. 683 749 864 831 8091 832 iHogs _ _thous. of animals- 2,178 3,411 4,218 3,763 3,323 ! 2,641!SheepA thous. of animals.. 1,483 1,164 1,244 1,259 1,294 j 1,527!

Prices, wholesale: '. j ! :Packers, heavy native steers, Chicago i \

dol. per lb.. i .113 .108 .104 .098 .098! .088 iCalfskins, no. 1 country, Chicago i ! i

dol. per lb- .118 .129 .116 .106 .093 ! .076 !LEATHER , |

Exports: i iSole leather ..thous. of lb..: 213 186 186 294 205 i 753 iUpper leather! • thous. of sq. ft- 6,040 5,457 4,336; 4,918 3,850 j 5,043 |

Production: ICalfandkip* thous. of skins.. 999 1,032! 1,086! 1,152 i 1,177;Cattle hides*! ..thous. of hides- 1,681 1,700 ! 1,634 i 1,512! 1,678 |Goatandkid* thous. of skins.. 3,949 3,940 3,496! 3,638! 3,707!Sheep and lamb*!t thous. of skins-; 3,672 3,180 2,641 ! 2 , 4 5 2 s 2,334!

Prices, wholesale: i !Sole, oak, scoured backs (Boston).dol. per lb- .32 .30 .30 .29 . 2 9 ! . 2 7 !Upper, composite, chrome, calf, black, "B" . \ \ j

grade -dol. per sq. ft..; .320 .343 i .337! .333; .320 ! .300;« Revised.* New series. For earlier data see p. 20 of the February 1933 issue, production and stocks of residual fuel oil and gas oil and distillate fuels, and p. 19 of the June 1933

issue, leather.f Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: Consumption of gas and fuel oils in electric-power plants for 1932, p. 43,

May 1933, for 1933 revisions, p. 43, May 1934. Data for 1934 also revised. Revisions not shown above will appear in a subsequent issue; production of residual fuel oils andgas oil and distillate fuels, stocks of residual fuel oil east of California, consumption of gasoline, production of gasoline at natural gas plants and refineries, stocks of gasolineat refineries, consumption of kerosene and lubricating oil, and production of asphalt for 1932, p. 56, November 1933; retail distribution gasoline in 41 States for 1932, p. 43,,May 1933, for 1933, p. 43, May 1934; production of cattle and sheep and lamb hides, p. 44, April 1934; imports of total hides and skins and exports upper leather for 1932, p. 43,June 1933.

# See footnote on p. 35 of this issue. Imports also revised for 1933. See p. 20 of the October 1934 issue.• Data revised for 1933. See p. 20 of the September 1934 issue.§ Data revised for 1933. See p. 20 of the January 1935 issue.0 New basis due to reclassification of motor-fuel stocks.t D ata on production of sheep and lamb and goat and kid leathers, from 1927-34 have been revised. For revisions not shown on p. 44 of the April 1935 issue see p. 19 of this issue.A Relief slaughter not included. For the period June 1934-February 1935 these totaled, cattle, 3,505,607; calves, 1,411,066; and sheep. 1,355,431.

475823

3,047 !1,345 i

.120

.122 I

281 '5,428 ;

1,119 ;1,8773,5933,008

.30

.319

387642

2,4091,137

.111

.113

1847,307

1,023 :» 1, 742 '* 3,652 :* 3,108 |

.30 :

473691

2,1581,374

. 104

1877,094

1,0951,7974,0383,024

.30



1935

April

1934


berDecem-

ber

1935


LEATHER AND PRODUCTS—Continued

LEATHER— Continuedattle hides and leathers (all kinds)month:

thous of equiv. hidesjess and finished*

thous. of equiv. hides..thous. of equiv. hides

/THER MANUFACTURESi mittens:on (cut), total* dozen pairsind semidress* dozen pairs

dozen pairs

thous. of pairsholesale:black calf blucher,on dol. per pair--black calf oxford, lace,;ouis dol. per pair..n's colored calf, Goodyear welt, ox-average _-_dol. per pair--on, totalf - - . thous. of pairs\ ._ .thous. of pairs.and youths' f thous. of pairs ._n'sf. thous. of pairs' and children's! thous. of pairs..*s, all typesf thous. of pairser foot wear f thous. of pairs

82

5.50

4.15

4.0033 1357,9731,359

13, 1803,5932 5774.453

14, 515

10, 4554,060

76

5.55

4.15

4.0034, 4258,4271, 506

13,2223,2713, 6394, 359

14 374

10, 3604 014

75

5.50

4.15

4.0034, 0608,2191,540

12,8703, 1854,0724, 173

14 444

10, 2914 153

90

5.50

4.15

4.0028, 544

7, 5871,4799,5532, 7573,8993,268

14 852

10 3214 531

187, 068119 18967 879

88

5.50

4.15

4.0028, 3946, 7341, 452

11,8442,6473, 3332, 383

15 216

10, 1205 096

226, 267146 87979, 388

88

5.50

4.15

4.0035, 6248,6161, 757

15,0253, 1574,2402,828

16 057

10, 0376 020

192, 446121, 18371, 263

73

5.50

4.15

4.0028, 1846,9691,321

10, 5642,6304,2792,421

16 751

10, 2536 498

209, 337134, 59274, 745

72

5.50

4.15

4.0028, 709

7,6341,5128,8042,7715, 2122, 775

17 296

10, 5076 789

196, 371131 08265 289

77

5. 50

4.15

4.0023, 8526,9391,2526, 1472.2934,8272,394

17,893

10, 8307,063

141,37786, 73554, 642

49

5.50

4.15

4.0023, 2006,5631,1947,7462,4012,8922,404

18, 265

11, 2676,998

141, 12474, 64966, 475

40

5.50

4. 15

4.0029, 0077,6771,381

11,8973,0781,7343,239

a 18, 208

« 11, 3800 6, 828

177, 442100, 42477, 018

55

5.50

4.15

4.00« 30, 107

a 7, 5671, 273

« 12, 631« 3, 1360 2, 106o 3, 393

18, 222

11,4916,731

194, 886114,88080, 006

92

5.50

4.15

4.00a 33, 584

0 8, 1361,384

a 13, 9270 3, 3010 2, 5593 4, 279

LUMBER AND MANUFACTURES

LUMBERExports (boards, planks, and scant-

lings) * •_ . M ft. b. mRetail movement:

Retail yards, Ninth Fed. Res. Dist.:Sales M f t b mStocks, end of month M ft. b. re.

Retail yards, Tenth Fed. Res. Dist.:Sales. _ _ _ _ M ft. b. m..Stocks, end of month M ft. b. m_.

FlooringMaple, beech, and birch:

Orders:New. _ M ft. b. m..Unfilled, end of month M ft. b. re-

production _M ft. b. m_.Shipments M ft. b. m..Stocks, end of month M ft. b. re_

Oak:Orders:

New. M ft. b. m._Unfilled, end of month M ft. b. re-

production _M ft. b. m _ _Shipments. _ _ M ft. b. re.Stocks, end of month M ft. b. re.

Ilard woodsHardwoods (Southern and Appalachian dis-

tricts):Total:

Orders:New mill. ft. b. re_Unfilled, end of month mill. ft. b. re-

production mill. ft. b. m__Shipments mill. ft. b. re_Stocks, total, end of month-.mill. ft. b. m

Unsold stocks mill. ft. b. ie.Qum:

Orders, unfilled, end of monthmill. ft. b. m

Stocks, total, end of month.. mill. ft. b. m__Unsold stocks mill. ft. b. in

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. mShipments M ft. b. re.

So ft woodsFir, Douglas:

Exports:!Lumber*. _ M ft. b. re_Timber M ft. b. re-

Orders:Newl M ft. b. re.Unfilled, end of month M ft. b. m..

49, 276

5,77667, 415

2,51726, 619

3,6345,1953,9424,148

22, 301

13, 94710, 63811, 69814, 43853, 959

38, 66315, 623

180, 850158, 915

109,919

a 4( 840« 68, 192

2,30028, 052

3,0375, 5984,2264,303

19, 195

5,80012,41510, 3609,476

63, 938

150265135131

1,8561,591

48424376

110578468

17, 22718, 204

52, 95625, 256

141, 457152, 648

60, 991

6,46763, 800

2, 26827, 760

4,4375,9984, 4804,512

19, 526

8,64611, 1359,5469,813

62, 635

113241116124

1,8611,621

44427383

95580485

14, 58116, 919

14, 70110, 422

139, 666179, 059

53, 879

6,65662, 665

2,08327, 734

3,2835,7714,1033,573

20, 828

6,5219,4268,9517,965

63, 375

94232146109

1,9141,682

41442401

95606511

12, 89013, 090

1,173426

83, 710153, 991

62, 452

6, 57460, 754

1,29013, 643

4,0925,6062,4514,421

19, 059

6,9378,7647,3017,713

64, 251

9822811694

1,9401,712

39447408

91623523

9,57810, 607

7,1903,252

89, 530225, 167

115, 145

8,65764, 388

2,10327, 259

4,0725,1483,3264,279

18, 741

8,0618,2418,1159,041

64, 168

105229101101

1,9591,730

36450414

96634538

7, 12913, 290

60, 13834, 513

143, 695131, 161

92, 933

9,25161, 864

2,27826, 548

3,1654,7003,5293,386

19, 582

8,2128,2428,5799,003

63, 444

9422310594

1,9611,737

37452415

93638545

5, 04813, 075

38, 95429, 363

127, 132136, 980

104, 126

10, 29057, 614

2,80126, 221

3.3954,1494,5463,408

20, 832

9,8027,9729,404

10, 09562, 793

10122998

1051, 9471,719

36445409

99641541

5,18814, 043

35, 95919, 715

125, 789140, 114

93, 860

7, 77755', 191

2,49925, 929

2,9053,8192,6733,005

20, 286

8,2626,4259,1829,533

63, 077

10922790

1131, 9271,700

38441403

97639542

40, 72826, 156

124, 446110, 121

106, 766

4,01953, 948

1,62625,399

2,6693,5103,3392,668

21,001

6,2465,6787,7046,964

63, 614

12426186

1091, 9321,671

49432383

106648542

45, 32527, 565

128,923145, 038

91, 728

3,40358, 442

1,73525, 584

4,1224,5613,3663,302

21, 059

9,9396,4068,7778,676

63, 302

146269131131

1,9141, 645

59429370

95644549

39, 62230, 327

141, 904136, 085

93, 762

2,73863, 831

1,68925, 895

4,6305, 8313,4402,812

21, 508

12, 2648,5047,7739,015

61, 442

173287146161

1, 9051,618

58421363

109644536

43,91125, 338

140, 114153, 096

101, 200

3,3403 66, 738

2,31726, 082

2,8865,1513,8942,929

22, 766

15, 88910, 23710, 24514, 60657, 061

158262150161

1,8601, 598

5440(i352

100•327,326

40, 70818, 592

151, 753158, 467

« Revised. P Preliminary.* New series. For data on lumber exports for period of January 1919 to September 1932, see p. 20 of the November 1932 issue. For earlier data on leather stocks,

see p. 19 of the January 1935 issue. New series on leather gloves and mittens cover 234 identical manufactures as reported to the U. S. Department of Commerce, Bureau ofthe Census. Data prior to July 1934 are not available. These data are not comparable with figures through January 1934 previously shown in the Survey

§ Data revised for 1932, see p. 44 of the June 1933 issue, exports of Douglas fir lumber and timber.1 Data for March, June, August, and November 1934 and January 1935 are for 5 weeks* other months, 4 weeks,• Data revised for 1933. See p. 20 of the September 1934 issue,f Data for 1934 revised. See p. 45 of the March 1935 issue.



1935

April

1934

April May June July August Septem-ber 00^ jN<£rDtr-

1935

January I F^u' March

LUMBER AND MANUFACTURES—Continued

LUMBER— ContinuedSoftwoods— Continued

Fir, Douglas— ContinuedPrice, wholesale:

No. 1 common dol. per M ft. b. m__Flooring, 1 x 4, "B" and better

dol. per M ft. b. m__Produetion1-__ 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 ft b mShipments M ft. b. in

Pine, southern:Exports:

Lumber§ M ft. b. m__Timber§ M ft b m

Orders:New M f t b mUnfilled, end of month M ft. b. rn__

Price, flooring dol. per M ft. b. in__Production M ft. b. m._Shipments M ft. b m

Redwood, California: JOrders:

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' production..Outstanding accounts, end of month

no. of days' sales. _Plant operationsf percent of normalShipments no of days' production

Southeastern district:Orders, unfilled, end of month

dol average per firmShipments dol average per firm

Prices, wholesale:Beds 1926=100..Dining-room chairs, set of 6 1926=100..Kitchen cabinets 1926=100Living-room davenports 1926 = 100_ _

Steel furniture. (See Iron and Steel Section.)

16.00

34. 00158, 467170 554

5.8185 5115 638

19,7158 243

117 25662, 968

34.94106,911112 480

41.0

8.07

8

1736 0

8

68.589.986.076.6

19.00

37.00152, 648136, 980

6,5887,631

5,9244, 3566. 384

27, 7353,725

110, 34897, 49838. 28

116,615108, 320

19, 21730, 69324, 48220, 644

30.0

9.55

6

1827.0

7

18 91146, 177

74.990.187.579.4

18.00

37.00132, 056106, 988

5,6588,734

6, 9708,9336,000

23, 1138, 885

121 02882,51437.86

117, 665122, 202

23, 30033 74026, 19920, 147

30.0

8.07

7

1627.0

6

18 93444, 612

73.290.187.579.4

18.00

37.0077, 44368, 042

10, 1598,725

8,79411, 1348,317

26, 6046 506

100 86376, 32538.02

107, 606115,461

17, 95832 76925, 88019, 402

32.0

7.07

7

1519 0

5

26 36030 821

71.590.187.579.4

18.00

37.0069. 83365, 804

11,5506, 157

5,34111 2667,482

28, 5029 557

90 79677, 59936.55

99, 22296 295

15, 83429 53420 64718, 156

35.0

5.09

9

1522 0

7

40 31746 943

71.590.187.579.4

18.00

30.00144, 143162, 049

7,86110, 046

6,7548 6646,902

26, 6987 754

113 56164, 36634.77

98, 961113 913

19, 70424 94625, 93025, 444

39.0

5.0g

9

1624 0

8

34 75963 349

71.590.187.579.4

16.00

34.00140, 561144 590

5, 92010, 198

4, 1985 1896 457

22, 12910 082

99 84058, 98734.97

97, 928103 908

21, 16821 93025 44923. 991

42.0

5.09

9

1725 0

8

32 67460 211

71.590.187.579.4

j

16. 00 16. 00

34.00 I 34.00129,370 ; 122,656113 703 i 123 998

4,435 ! .._ _11,014 i

6,503 6,0443 266 1 1 0147 755 ; 5 526

22,884 1 23,3869 474 i 6 471

113 '^00 i 101 58562,827 i 59,67834.99 i 35.03

102,324 i 96,490114 402 i 108,715

22 811 ! 20,42416 873 • 16 86828 215 ! 26,34525 204 ! 19, 755

41.0 < 42.0

6.5 ! 6.010 10

8 9

18 1625 0 34 0

10 8

24 284 19,07164, 616 46, 721

71. 5 70. 990. 1 90. 187. 5 87. 579. 4 76. 6

16 00 16 00 16.00 16 00

34.00 34.00 34.00 • 34.00103,407 110,569 144,143 145,038113 703 118 627 149 067 141 009

4,718 5,530 5,532 ! 4.510608 667 1 5°9 ° 004

4 237 5 097 5 303 6 355

24,851 23,576 21,576 21,3117 450 9 234 8 652 4 037

79 842 106 173 102 395 110 44949, 164 ! 48, 530 55. 707 ' 55. 89835.00 i 34.49 34.51 34.55

79,258 99,548 101,578 103,47174 603 102 401 100,752 110 2«3

15,932 • 27,009 24,3^0 26 57814 604 24 621 29, 707 °7 71721 242 19 868 22,915 22 69717,934 16,549 18,311 •• 2*328

39.0 39.0 43.0 47.0

13. 5 3. 0 4. 5 i 6, 05 16 9 : 9

5 13 13 11

15 16 17 1732.0 31.0 34.0 39.0

7 7 8 9

22,070 !31,311 i _ _ ' ..

68. 4 ! 68. 4 68. 5 68. 590.1 ! 90. 1 j 89.9 89.984.1 1 87.5 81.9 86.076. 6 ! 76. 6 76. 6 76. 6

METALS AND MANUFACTURES

IRON AND STEELForeign trade, iron and steel:

Exports§ __ long tonsImports*# long tons

Price, iron and steel composite *dol. per long ton..

Sales, iron, steel, and heavy hardwareJanuary 1921 = 100. _

OreIron ore:

Consumption by furnacesthous. of long tons..

Imports# thous of long tonsReceipts:

Lake Erie ports and furnacesthous. of long tons..

Other ports thous of long tonsShipments from mines. _thous. of long tons..Stocks, total, end of month

thous. of long tons..At furnaces _ . thous. of long tonsLake Erie docks thous. of long tons__

Manganese ore, imports (manganese content)*thous. of long tons__

Iron, Crude and SemimanufacturedCastings, malleable: *

Orders, new short tons_.Production short tons

Percent of capacity _ _Shipments short tons..

Pig iron:Furnaces in blast, end of month:

Capacity long tons per dayNumber

205, 33628, 786

32.29

0)

2,356113

119180400

24,81720, 644

4, 173

10

37, 39442, 035

51.146, 090

53, 55597

201, 53926, 862

32.67

105

2,470128

0o0

a 26, 537a 21, 966

4,571

20

38, 45340, 742

47.939, 817

63, 270110

241, 75329, 465

32.97

114

2,958202

1,468683

5 , 631

2£,59821,2184,380

49

35, 63937, 165

42.73£ , 493

67, 300117

219, 406 233, 18624,858 17,676

32. 96 32. 32

109 82

2,721 1,600188 196

3, 118 3, 3621, 151 1, 0904, 461 4, 432

27,043 29,96122, 700 25, 4614, 343 4, 500

48 30

24,499 '. 21,86228,340 23,388

33.4 27.631,607 27,591

48 190 35 58589 75

242, 94732, 418

32.24

87

1,444154

3,0921,1474,162

32, 71327, 8584,856

21

21, 30623, 910

27.825, 784

31,29562

301, 33023, 847

32.15

0)

1,23677

2.3431,0253,439

34, 91429, 7135,201

5

19,51121, 541

25.620, 360

28, 21562

220, 20920, 202

32.10

(0

1,30699

1,761960

2,641

36, 34131, 0565,285

13

18, 78525, 317

30.321, 683

31,31065

299, 26335, 272

32.15

0)

1,29879

421257484

35, 87430, 6255,249

n

28, 53028, 515

33.521,615

29, 39559

282, 65519, 708

32.39

(0

1,50673

000

34, 37329, 2185,155

7

36, 50532, 746

38.729, 593

37, 61569

262, 74022, 784

32.58

0)

2,28086

000

32, 02727, 0045,023

13

44, 56843, 400

50.841, 182

54, 60590

228, 53728, 905

32.54

0)

2,46795

000

29, 55824, 6904,868

14

41,22541,377

49.937, 650

56, 69596

323, 03521,409

32.36

(i)

2,58395

000

26, 93222, 3624,569

13

40, 23742, 808

52.042, 975

57, 29598

1 Temporarily discontinued. <* Revised.* New series. Earlier data on furniture activity, all districts, prior to April 1933 not published. For imports of iron and steel, see p. 20 of the November 1932 issue; for

castings, p. 20 of the April 1933 issue. New series on iron and steel composite price are shown on p. 19 of the January 1935 issue.§ Data revised for 1932. For revisions, see p. 45, exports of southern pine lumber and timber, and p. 45, iron and steel, of the June 1933 issue. Data revised for 1933;

see p. 20 of the September 1934 issue.t Revised. Data prior to April 1933 not published.t Beginning with January 1934 the report includes all known operators. Prior to this time approximately 89 percent of the listed capacity was included• Imports from Cuba not included.# See footnote on p. 35 of this issue. Data revised for 1933; see p. 20 of the October 1934 issue.^ Data for March. June, August, and November 1934 and January 1935 are for 5 weeks; other months, 4 weeks.

June 1935 SUEVEY OF CURRENT BUSINESS 47

Monthly statistics through December 1931, \ 1935

ences to the sources of the data, may be found A .,in the 1932 Annual Supplement to the Survey j AVLii

1934

April May June July August \ Se^Jm" October Novem-ber

December

1935


METALS AND MANUFACTURES—Continued

IRON AND STEEL— ContinuedIron, Crude and Semimanufactured-

ContinuedPig iron— Continued

Prices, wholesale:Basic (valley furnace) ...dol. per long ton--Composite pig iron... _dol. per long ton--Foundry, no. 2, northern (Pitts.)

dol. per long ton..Production thous. of long tons

Iron, Manufactured ProductsCast-iron boilers and radiators:

Boilers, range: tOrders:

New number of boilers..Unfilled, end of month, total

number of boilers. .Delivery, 30 days or less

number of boilers. .Delivery, more than 30 days

number of boilers. _Production number of boilers..Shipments number of boilersStocks, end of month number of boilers. .

Boilers, round:Production . thous. of lb__Shipments thous. of IbStocks, end of month thous. of lb_.

Boilers, square:Production thous. of lb_.Shipments thous. of lb__Stocks, end of month.... thous. of Ib

Boiler fittings, cast iron:Production. short tonsShipments short tons

Boiler fittings, malleable:Production short tonsShipments short tons

Radiators:Production

thous. of sq. ft. heating surface ..Shipments.thous. of sq, ft. heating surface-Stocks, end of month

thous. of sq. ft. heating surface--Radiators, convection type:*

New orders:Heating elements only, without cabinets

or grillesthous. of sq. ft. heating surface t_.

Heating elements, including cabinets andgrilles

thous. of sq. ft. heating surface J._Sanitary Ware

Bathroom accessories: fProduction ..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 dollars--Signs dollars--Table tops dollars--

Shipments, total dollars..Signs... dollars--Table tops dollars..

Porcelain plumbing fixtures:Orders:

New, net . number of piecesUnfilled, end of month, .number of pieces..

Shipments _ number of piecesStocks, end of month number of pieces..

Vitreous-china plumbing fixtures: 1[Orders:

New, net number of pieces..Unfilled, end of month .number of pieces. .

Shipments number of pieces _.Stocks, end of month number of pieces..

Steel, Crude and Semimanufactured

Bars, steel, cold finished, shipments.short tons._Castings, steel: * A

Orders, new, total . short tonsPercent of capacity _.Railway specialties short tons

Production, total short tons..Percent of capacityRailway specialties short tons

Ingots, steel :§Production thous of long tons

Percent of capacity

18.0018.94

20. 391 663

55, 093

12, 052

12, 052

051, 05255 76428, 065

4,3112, 115

38, 090

16, 4097, 730

126, 053

4,6022,366

32, 891

46

106

120 821119 171367 593

199.68

900, 388255, 477212, 598900, 828265, 137213, 646

2 9044,5531 792

10, 710

164, 042308, 912229, 347297, 971

31, 972

2 g0645

17.2518.36

19.641 727

39 326

17,013

13, 101

3,91235 96036 68134, 465

3,9822 544

42, 012

11,9658,287

111 800

3 6673 564

2 4502 175

2,6632,682

31, 389

30

135

108 593106 716376 297

217. 40

817,818286, 555119,387722, 258215,673117, 335

1 7876,2762 0749,140

96, 34781, 13391, 576

710, 206

28, 885

63 14240 3

32 81846, 242

29 518 324

2 ggg53 '

18.0018 94

20.392 043

35 683

11, 338

8,688

2,65041 02141 35834, 128

4,1332 659

43, 585

15,0148,332

118 411

3 5573 604

2 8562 570

3, 9692,630

32, 775

45

95

233 176219 629383 646

216. 88

899, 506343, 340112, 965842, 156302, 888110, 862

1 8225,2772 354

10, 422

120, 03388, 478

112, 688708, 871

30, 809

46 83129 9

16 81257, 313

36 623 309

3 35356

18.0018 94

20.391 930

34 627

11,818

9,150

2,66834 74133 18034, 902

3, 3422 361

44, 544

15, 49810,029

123 956

3 49")3 586

2 4362 445

3,9643,197

33, 537

62

122

222 872223 461383 557

218. 91

736, 858266,811107, 398826, 975307,511116, 601

1 7224,8521 769

10, 981

130, 757105, 208114, 027692, 644

29, 940

41 53726 5

10 40860, 268

32 118 904

3 01653

18.0018 94

20.391 225

33 576

9, 738

7,844

1, 89433 25533 74633, 869

2, 6912 59f)

44, 739

11,65211,172

124 414

3 3333 523

2 2822 180

3,4833t 136

33, 867

77

128

156 ^70150 739383 161

217. 88

594, 146226, 883110,079738, 460304, 752106, 273

1 7854,3901 954

10, 762

111,49698, 924

117, 780678, 061

18, 130

41 82226 7

2° 40746, 182

29 517 661

1 47327

18.0018 94

20, 391 054

36 006

9,993

8, 695

1,29837 73535 75135, 853

4, 1954 571

44, 437

15, 55417, 890

121 973

3 9144 651

o 1742 484

4,2825,336

32, 969

62

178

205 380911 005375 376

218. 16

719, 146306, 463145, 494740, 802332, 917145, 001

2 7234,3332 5429,626

130, 449107, 020122, 353656, 033

17, 622

25 53816 3

5 69743, 748

27 917 741

1 36423

18.0018.94

20. 39898

51, 734

12, 724

11,878

84645, 37549 00332, 225

3, 8866, 258

42, 035

15, 03025, 208

111,740

4 2254 655

2,3832 354

4,0116,262

30, 885

44

158

349 072328 010376 512

211.26

636,811193,716220, 279652, 158232, 206195, 541

2 0173,8542 1988,847

139, 012113,991132, 041615, 467

14, 304

20 03012 8

4 41731,816

20 011 152

1 25223

18.0018.94

20. 39951

64.211

10, 195

9, 492

70363, 43466 74028,919

5, 76210, 65237, 136

18,83334, 18596, 329

6, 0455 943

2,8382 890

4, 6809,282

26, 517

94

196

143 483133 574371 499

207. 03

713, 141248, 598178, 245764, 436269, 665205, 059

9 4273,298o 7717,873

258, 657165, 687206, 961519, 867

18, 500

24 32715 5

5 53829, 142

18 69 309

1 46225

18.0018.94

20.39957

57, 566

9, 740

9,355

38559 67359 43929, 153

4,3915 330

36, 218

19, 78319, 35396 933

5 9955 027

2,9843 090

5,2086,456

25, 473

124

131

202 354195 289370* 036

206. 89

563, 137180, 523133, 900583, 567199, 652131,993

2 5823,6672 1107,610

183,982183, 152166, 517482, 685

17, 923

21 55213 8

4 28325, 799

16 57 218

1 58928

18.0018 94

20.391 028

44, 906

16, 329

16, 329

040, 33737 47135, 446

2,9463,626

32, 366

13, 09913, 43696, 554

4,2983 060

2,9921 914

3, 6324,482

24, 786

115

182

267 293271 912358 472

206. 50

525, 540193, 535111,188530, 050204, 527106, 772

1 2693,0201 3009,703

234, 350283, 202134, 300489, 729

24, 049

27 31217.4

8 12823, 916

15.35 142

1 94235

18.0018 94

20.391 477

68 106

19, 357

19, 357

063 87964 °0430, 443

3,2332 666

32, 826

16, 45710, 604

101 340

4 6904 750

3,1533 205

4,6793, 117

26, 178

81

93

75 31064 305

363 755

206. 07

689, 715318, 343149, 384594, 427219, 672152, 409

1 6202,9781 5099,660

183, 281262, 363204, 120426, 570

31, 783

32 34927.1

6 83529, 035

24.36,052

2 83447

18.0018 94

20.391 609

53 897

15, 892

15,892

057, 29457 36230, 375

3, 8502, 494

34, 221

15,9179, 275

10S, 115

4,1903 865

3,1812 704

4,3432,787

27, 845

43

66

121, 190111 005369 605

202. 61

692, 358235, 427153, 431637, 165190, 316142, 380

1 0132,7201 2369,960

301, 925369, 128195, 160380, 756

31, 903

31 72526.6

5,49029, 687

24.96,181

2 74252

18.0018.94

20.391,777

46, 320

12,723

12, 723

051,89149 48932, 777

4,3482,102

36, 500

16, 8586,964

117,911

4, 6482,023

30, 568

48

87

78, 64075 147

374, 749

200. 86

829, 084223, 860181,437864, 145278, 110167, 296

2 6413,5351 7909,917

243, 296374, 217238, 207316, 705

34, 080

30 72325.8

7,95931, 940

26.87,585

2 83149

* New series. For earlier data, see p. 20 of the January 1933 issue wholesale price of plumbing and heating equipment. Figures on convection-type radiators prior toJanuary 1932 not published.

J In equivalent direct radiation.t Revised series. For earlier data on bathroom accessories see p. 20 of the October 1933 issue, and for range boilers see p. 20 of the July 1934 issue.§ Data for 1933 revised; see p. 47 of the August 1934 issue. For 1932 revisions, see p. 46 of the July 1933 issue.• New series; see footnote on p. 20 of the October 1934 issue.1 Revised series. Data revised starting January 1933, see p. 47 of the April 1935 issue; revisions for 1933 will be shown in a subsequent issue.A Steel casting series revised January 1935 by the increase of the number of companies from 164 to 180; comparable data not completed for 1934 and earlier years. Figures

for 164 companies in January 1935 were new orders, total 31,816, percent of capacity 20.3; new orders, railway specialties, 6,835; production, total, 28,519, percent of capacity18.2, production, railway specialties 6,052.



1935

April

1934

April May | June July August Septem-| Qctober Novem- 1 Decem-ber 1 ber

1935



IRON AND STEEL— ContinuedSteel, Crude and Semimanufactured-

ContinuedPrices, wholesale:

Composite, finished steel dol. per lb._Steel billets, Bessemer, Pittsburgh

dol. per long ton..Structural-steel beams, Pittsburgh

dol. per lb__Steel scrap, Chicago dol. per gross ton..

U. S. Steel Corporation:learnings net thous of dolShipments, finished products* ...long tons..

Steel, Manufactured ProductsBarrels, steel:

Orders, unfilled, end of month'. number,.Production number..

Percent of capacity -Shipments _ . - . number ._Stocks, end of month number--

Boilers, steel, new orders:Area thous. of sq. ft. _Quantity . _ number of boilers..

Furniture, steel:Business group:

Orders:New thous. of doL.Unfilled, end of month thous. of doL.

Shipments. thous. of doL_Shelving: A

Orders:New . ...thous. of doL.Unfilled, end of month thous. of dol__

Shipments thous. of doL.Safes:

Orders:New . . thous. of dol_.Unfilled, end of month thous. of dol..

Shipments thous. of doL.Lock washers, shipments thous. of dol..Plate, fabricated steel, new orders, total

short tonsOil storage tanks short tons

Sheets, black, blue, galvanized, and full fin-ished:

Orders:New _ . short tons..Unfilled, end of month short tons _

Production, total . . short tons..Percent of capacity

Shipments short tons .Stocks, end of month, total short tons..

Unsold stocks short tonsTin and terneplate:*

Production thous. of long tons. .Track work, production short tons..

MACHINERY AND APPARATUSAir-conditioning equipment:!

Orders, new, total thous. of dol..Air-washer group . thous. of dol. .Fan group thous. of dol..Unit-heater group thous. of doL.

Electric overhead cranes:Orders:

New . . . . thous, of doL.Unfilled, end of month thous. of dol_.

Shipments . thous. of dol ._Electrical equipment. (See Nonferrous metals.)Exports, machinery. (See Foreign Trade.)Foundry equipment:

Orders:New 1922-24=100.-Unfilled, end of month 1922-24 = 100

Shipments 1922-24=100..Fuel equipment:

Oil burners:* tOrders:

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, storage system:

Furnaces and kilns.. .no. of pulverizers ..Water-tube boilers no. of pulverizers..

Orders, new, unit system:Fire-tube boilers no. of pulverizers..Furnaces and kilns no. of pulverizers -.Water-tube boilers--.no. of pulverize rs..

Stokers, mechanical, new orders: fClass 1, residential! numberClass 2, apartment and small commercial!

number..Class 3, general commercial and small com-

mercial heaters* numberClass 4, large commercial:!

NumberHorsepower

Machine tools:^Orders:

New* 1926 = 100.-

0. 0244

27.00

.01809.85

591, 728

944, 168538, 255

39.6534, 47929, 926

313443

1,114701

1,123

271155291

16823815847

168, 093177, 950209, 219

68.2202, 365116,31668, 153

2024,399

1,361229674457

264813140

113.286.169.7

8,781702

8,88014, 622

10

082

1,047

79

33

12032, 241

65.6

0. 0240

26.75

.017011.75

643, 009

820, 884589, 182

43.6590, 33730, 241

441380

9721,013

934

321246346

154157164246

20, 0852,998

272, 412251, 123214, 522

66.0184, 042135, 79653, 683

1606,132

1,201283573346

12352280

67.963.055.5

7,8752,6996,988

14,011

02

20

12

560

58

41

9023, 679

46.5

0. 0253

29.00

.018510.95

745, 063

865, 012431, 567

30.1426, 17535, 633

277304

1,039975

1,011

343301288

159160161238

21, 8918,746

246, 315257,845256, 537

79.0240, 730137, 51048, 714

1665,764

1,284324574386

8951899

66.552.175.6

8,3812,7898,291

15, 320

20

010

902

85

28

15028, 852

45.9

0.0253

29.00

.01859.75

21, 082985, 337

935, 651612, 695

42.8607, 69241, 158

360415

1,1151,0441,046

253200354

186194153201

27,39511,019

114, 85574, 392

199, 43861.4

301, 832106, 95056, 666

1506,184

1,263266637360

84477123

70.457.864.3

6,1472,2856,047

18, 094

00

044

1,215

140

60

17234, 679

35.3

0.0248

27.40

.01819.55

369,938

684, 403519, 444

36.7528, 84731, 755

385458

8661,047

863

222191231

136200130171

12, 5232,028

72,51769, 47285, 286

26.285, 442

110, 40071, 362

805,226

1,299273602424

16756378

50.743.167.2

8,4163,5107,191

19, 036

00

00

17

1,270

141

78

20044, 100

34.7

0.0244

27.00

.01800.19

378, 023

605, 573316, 340

22.3318, 67829, 461

566597

870815

1,101

206172226

162196166162

16, 2933,334

66, 06464, 27077, 197

23.877, 706

109, 28271, 968

1155,364

1,267197519550

194689

79

43.136.348.7

12, 8493,894

12, 46518, 022

00

32

21

2,678

269

133

24143, 893

41.4

0. 0244

27.00

.01808.50

3 769370, 306

596, 694363, 885

25 5368, 77124, 575

539626

813668879

209120261

11817713087

15 1083 445

77, 06367 06276, 051

23 473, 26099, 88864 398

853,383

1,190147467576

5965989

46.446.637.0

16, 7142,475

18 13314, 600

00

303

4,636

429

188

28741, 987

36.2

0. 0244

27. 00

.01808,. 75

343, 962

460, 880524, 232

36 7516, 68432, 123

416696

993664998

258154224

147181142130

16 581927

102, 92077 423

104, 89832 3

95, 107102, 26463 667

932,153

1,50189

590822

136651143

55.349. 151.5

19, 2741,776

19 97311,461

00

05

5,077

458

177

29246, 623

43.9

0. 0244

27.00

.01809.25

366, 119

330, 593421,003

29 6419, 50033, 626

287447

1,026651

1,039

258196217

161216126129

16 6293 252

133, 344100 745143, 057

44 0108 880107, 55065,400

832,065

1,592152575865

139670158

80.469.759.6

9,3551,3869 745

11, 348

00

23

2,761

265

142

?0539, 767

52.4

0. 0244

27.00

.018010.31

3,762418, 630

452, 930373, 850

26.4374, 924

27, 328

260331

1,063619

1,090

219164208

190230172171

26, 0255,185

193, 130158, 456159, 740

49.2141, 566104, 72064, 393

902,272

1,328127459742

129592207

66.954.481.1

5,338735

5,95212, 469

30

068

2,125

210

90

16728, 199

66.1

0. 0244

27.00

.018011.80

534, 055

,171,996390, 459

30.0391, 23226, 555

392329

1,184663

1,139

273192245

160245145277

18, 7781,389

321,831279, 012235, 714

74.0205, 915105, 18260, 177

1302,333

1,10693

485527

39390580

86.669.276.2

4,667871

4,53112, 986

00

065

1,241

147

61

13924, 339

65.5

0. 0244

27.00

.018011.25

583, 137

1,158,398355 220

26 2353 41828, 357

282296

1,108707

1,064

267208251

142211176241

15 0642 531

183, 322248, 931219, 062

71 5201, 054108, 78862, 024

1502,892

989209433347

200808297

75.757.785.1

4,680857

4,69414, 490

00

04

12

1,113

107

48

10521, 164

53.0

0. 0244

27.00

.018010.50

12 428668, 056

1, 081, 327462 771

34 1464 97826 150

656418

1,222709

1,221

307175340

163228147255

16 8322 377

193, 057214, 685227, 082

74 1233, 446108, 26059, 757

1903,440

1,111164577369

79884198

69.343.2S2.6

5,761801

5,81714, 170

0a2

18

*i)56

84

37

10t)* 24, 256

62.3

* New series. For earlier data see p. 18 of the January 1934 issue, United States Steel Corporation shipments, p. 20 of the December 1932 issue, tin and terneplate, p. 19of the January 1933 issue, stokers. Current oil-burner series available only back to January 1933 are based on reports from 149 concerns; see p. 48 of the May 1934 issue for1933 data; p. 20 of the July 1934 issue for machine tools (including forging equipment). 1 Series covering shipments and unfilled orders temporarily discontinued.

! Revised series. Data on air-conditioning machinery, mechanical stokers and oil burners revised starting January 1933; see footnote on p. 48, April 1935 issue. Therevisions for 1933 will be shown in a subsequent issue.

A Revised data on steel furniture shelving for years 1932,1933 and 1934 will be shown hi a subsequent issue. * Revised.



11, 1935 I

5 | April I

1934


berDecem-

ber

1935

January j^™- March


MACHINERY AND APPAEATUS-Con.Pumps:

Domestic, water, shipments: \Pitcher, hand, and windmill _ _ units. .Power, horizontal type. .units--

Measuring and dispensing, shipments:Gasoline:

Hand operated units..Power units--

Oil, grease, and other:Hand operated units..Power — . units

Steam, power, and centrifugal:Orders:

New - _. thous. of dolWater-softening apparatus, shipmentsjf.units—Water systems, shipments \ \- units.-Woodworking machinery:

Orders?Canceled — — thous. of dolNew thous. of dolUnfilled, end of month thous. of dol—

Shipments:Quantity machinesValue - - thous. of doJ

NONFEEROUS METALS ANDPRODUCTS

MetalsAluminum:

IniDorts, bauxite^ long tonsWholesale Drices:

No. 1, virgin, 98-99 (N. ¥.)... _dol. per lb-Scrap, cast (N.Y.) -dol. perlb..

Babbitt metal:Production, total _.thous. of lb__

For own use thous of IbSales thous. of lb—

Copper:Exports, refined§* short tons .Imports, total §# _ short tons

Ore and blister short tons..Price, electrolytic (N.Y.) dol. per lb_-

Lead:Ore:

Receipts in U. S. ore short tons.-Shipments, Joplin district short tons..

Refined:Imports^ short tonsPrice, pig, desilverized (N. Y.).dol. per lb—Production short tonsShipments, reported short tonsStocks, end of month short tons...

Tin:Consumption in manufacture of tin and

terne plate* long tonsDeliveries _ _ _ _ _ long tonsImports, bars, blocks, etcJ long tons-Price, Straits (N. Y.) ....dol. per lb-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)dol. per lb__

Production, total (primary) § short tons. .Retorts in operation, end of rno number--Shipments, total§ short tons—

Domestic§ __ short tonsStocks, refinery, end of month §.. short tons..

Electrical EquipmentConduit, nonmetallic, shipments.thous. of ft..Delinquent accounts, electrical trade. (See

Domestic trade.)Furnaces, electric, new orders kilo watts. .Electrical goods, new ordersf (quarterly)

thous. of dolLaminated phenolic products, shipments

dollars. _Mica, manufactured:

Orders, unfilled, end of month.thous of dol..Shipments thous. of dol—

Motors (direct current):Billings (shipments) _ -dollars..Orders, new dollars-

Panel boards and cabinets, shipmentsthous. of dol—

Porcelain, electrical, shipments:Special dollars-Standard dollars--

Power cables, shipments thous. of ft—

35,432726

6444,874

6,. 753901

798552

10, 799

13311426

168318

18, 010

C2).1227

2, 296520

1, 776

27, 44616, 73415, 626.0878

27,2833,452

477.0369

29, 85740, 922

220, 043

3,3005,8255,234.5010

16, 6144,295

28, 75126, 552

.040335, 33433, 71938, 46038, 457

108, 680

2,605

888, 705

100160

262

448"

30, 335607

6852,745

6,678613

654400

5,855

256263

143247

10 576

.2095

.1069

2,528564

1,964

24, 92513 72413, 418.0817

24, 0052,933

955. 0418

28 72330 673

222, 892

2 4804,4053,307.5560

17, 7045 649

25 68916, 562

.043730, 68626, 69232, 07232 072

109, 374

1,488

1,415

780, 160

78111

287, 031245, 784

197

40, 37427, 666

321

34, 193854

6923,327

6,960608

665510

8, 254

244225

172292

16, 685

.2095

.1106

2,426536

1,890

22, 30615, 24715,011.0828

25, 7293, 390

1, 537. 0414

34, 74129, 316

233, 245

2,5704,1103,932. 5352

17, 3715 089

25, 30017, 922

.043530, 94427, 19335, 58935, 589

104, 729

1,981

1,090

760, 788

63147

280, 771321, 483

225

42, 30722, 169

312

39, 152785

7732, 712

5, 526579

703360

9,740

3237233

123220

13, 394

. 2095

. 1003

2, 262643

1, 619

30, 72123, 22623, 221. 0859

21, 8035, 082

1, 662. 0398

29 69528, 276

238, 181

2,3303, 8454,242.5122

17, 2515 094

34 93421, 788

.042425, 16031, 28430, 21730 16999, 672

1,551

484

128, 034

804, 870

53114

335, 307366, 613

204

51, 35921, 539

363

36, 771971

4883, 193

5,242488

541304

7, 056

2252297

127186

13, 249

. 2095

.0938

1,989

1,435

25, 32414 78014, 724.0878

22, 3041, 518

1 719.0377

27 35429, 479

240, 595

1 2403, 5754,900.5192

' 16, 3136 461

11 82013 368

.043224, 75630, 32426, 96626 96697, 462

1,426

479

667, 198

57106

260, 355207, 654

211

53, 52322, 383

337

39, 552910

6202,630

5, 092614

580344

8, 204

5262312

148239

12, 985

.2095

.0907

1,856457

1,400

24, 27916, 56515, 048.0878

26, 0802,238

1 587.0375

22 99933, 606

234,312

1 7804,0452'. 826. 5195

15, 4944 968

27 68616, 992

. 042826, 16930, 44221, 66321 663

101, 968

1,575

1,150

695, 382

4699

297. 734243, 700

328

49, 37124, 691

470

26, 022696

5381,867

4,860814

637383

5,270

1172241

199242

14, 463

. 2095,0888

1, 653380

1,273

24, 47612, 23610, 895.0878

26, 7133,901

2, 055. 036927, 07036,018230, 219

1, 3203, 8503,231.5149

15, 3864, 243

31, 78221, 290

.040526, 51531, 35221,91321,913106, 570

1,609

1,163

100, 334

561, 273

6784

209, 308242, 528

207

39, 35123, 599

220

25, 127"732

6112, 240

5,942766

603440

5, 574

A228

152227

16, 749

. 2095

.0923

1,80S444

1, 364

29, 78422, 81719, 131. 0878

25, 2181,183

2, 72G. 036531, 24335, 943229, 859

1,4402, 9253,148.5093

16, 4754, 998

21,20317, 337

.038334, 52731, 96430, 29430, 294110,803

1,692

1,519

585, 565

62106

257

56, 09927, 263

277

i

21,702545

5632. 306

5. 591422

615321

5, 570

4243249

1142.14

14, 130

(*). 1049

1, 726398

1,327

28, 67518,48617, 286, 0878

23,2111.792

797. 035729, 75531, 762232. 934

1, 2904, 8453, 859.5122

15,0944, 04S

23, 06320, 574

.037334, 97732, 79329, 92829. 875115,852

1 810

3, 284

. .

528, 025

64110

233

49, 07327, 585

223

31,151541

4191,794

4,490339

630350

4,632

4244247

114236

12, 587

(2).1097

2,164541

1, 622

23. 64815, 15213,922. 0878

25, 5634,767

851.036032, 50034, 680235, 457

1,4004,5301,478.5087

13, 6982,638

36, 82717, 600

.037135, 98132, 94432, 00332, 003119, 830

1,142

984

118,397

604, 610

103114

227

45, 18920, 723

380

36, 482615

3662,501

6, 069485

698420

6, 363

1312313

131241

19,211

(2).1251

2,401408

1,993

22, 73915,11013, 834.0878

27, 6444,536

3, 002.036926, 35033, 695229, 675

2,1004,6004, 023.5087

14, 6942,581

26, 25715, 263

.0373« 35, 21832, 65835, 53835, 538

°117, 685

1,895

2,844

698, 402

108163

218

47, 77134, 649

320

36, 433690

4453, 002

5,133442

777395

6,679

10302340

167207

7,191

(2).1225

2, 139461

1, 678

24, 86922, 91322, 129. 0878

25,5101,981

1, 464. 0353

25, 10332, 523224, 638

2, 4503, 9055, 196. 4996

19, 6523,571

32, 26417, 649

. 0371« 33, 49433, 21034, 90334, 870

<>116,276

1, 583

2,212

750, 943

105154

192

48, 03134, 590

303

30, 601788

6713,651

4, 503607

897509

7,531

4434441

151304

10, 716

(2). 1213

2,281535

1,746

26, 39320, 884]9,546.0878

25, 8924,229

443.035830, 118

« 28, 973« 228, 580

3,1005,4958,612. 4691

19,4164, 531

36, 02621,983

.0389« 36, 66735, 19641, 13741, 137

* 111, 806

2,139

2,096

121,814

845, 020

99164

239

58, 09324, 353

302a Revised.* New series; for earlier data, see p. 20 of the December 1932 Issue,t Revised series; for earlier data on new orders for electrical goods see p. 19 of the August 1933 issue.t Present series on water systems now cover 52 companies. Data revised beginning January 1933. See p. 49 of the December 1934 issue.• Data on exports revised for 1933; see p. 20 of the September 1934 issue.§ Data for 1932. revised; for revisions see p. 48 of the June 1933 issue, exports of refined and total imports of copper. For 1933 revisions on zinc, see p. 49 of the January

1934 issue; for 1934 revisions see p. 49 of the February 1935 issue.# See footnote on p. 35 of this issue. Data for 1933 revised; see p. 20 of the October 1934 issue.3 Discontinued.1 Revised series on domestic pumps and water systems starting January 1934; see p. 49 of the April 1935 issue. New series OE water-softening apparatus revised starting

January 1933. Revisions for 1933 will be shown in a subsequent issue.



1935

April

1934

April May June July j August Septem-ber October |No

bv

eerm- Decem-

ber

1935

January j |ryU" March

METALS AND MANUFACTURES—ContinuedNONFERBOUS METALS AND

PRODUCTS— ContinuedElectrical Equipment— Continued

Power switching equipment, new orders:Indoor dollars -Outdoor dollars..

Radiators, convection type. (See Iron andsteel.)

Reflectors, industrial, sales units..Vacuum cleaners, shipments:

Floor cleaners number..Hand-typo cleaners* number

Vulcanized fiber:Consumption .thous. of lb._Shipments thous. of dol..

Welding sets, new orders:Multiple operator - unitsSingle operator units

Miscellaneous ProductsBrass and bronze (ingots) : •

Shipments and deliveries net tonsBrass, plumbing:

Shipments* number of piecesBrass sheets, wholesale price, milL.dol. per lb._Copper, wire cloth:

Orders:Make and hold-over, end of month

thous. of sq. ft..New thous. of sq. ft..Unfilled, end of month thous. of sq. ft..

Production thous. of sq. ft.-Shipments... thous. of sq. ft..Stocks, end of month thous. of sq. ft..

56, 038

79, 33031,219

1,819425

.143

(2)351467383367742

35, 47586, 788

52, 453

65, 52618, 759

1,767357

9332

5,223

704, 816.140

56314745418378788

33, 283115, 806

57, 641

65, 21321, 738

1,912432

395

5,143

788, 911.143

51279622350325814

27,61190, 477

46, 681

50, 34820 014

1,833451

1333

4,941

740 222.144

48238461343401725

22, 920125, 838

44, 666

40, 06512, 025

1,839316

2292

4,317

693, 979.145

49282423281300718

45, 045107, 437

50, 746

50,21118, 097

1,552329

1241

3,757

707, 156.145

50369393382380696

38, 728113, 002

48, 256

63, 93621, 758

1, 333270

223

3,260

708, 694.145

47292407331273747

35, 32296, 646

56, 021

67, 41420, 384

1,306315

2371

4,106

960, 463.145

41417441357371735

37, 44291, 908

53, 255

OS, 86621, 838

1,053267

5273

3.919

849,415.144

42337428333326742

27, 85572, 974

48, 678

71, 30723, 920

990270

3368

3,688

758, 548.143

42329479317281743

30, 21478, 993

61, 344

60. 18018, 744

1, 381434

1347

5,338

997, 797.143

33404411393435694

29, 08072, 425

51,956

75, 58222, 872

1,431400

277

4, 959

933, 266.143

(2)369462374357706

46, 22081, 570

54, 746

90, 69329, 231

1, 835430

3487

5,014

1, 042, 820.143

(2)404448417377714

PAPEK AND PRINTINGWOOD PULP

Consumption and shipments*. short tons._Groundwood* short tonsSulphate* . _ . short tonsSulphite total* short tons

Bleached* short tonsUnbleached* _. short tons

Soda* short tonsDamaged, ofE-quality & misc'l* short tons

Production, all grades* _ short tonsGroundwood* short tonsSulphate* . short tonsSulphite, total* short tons

Bleached* short tonsUnbleached* short tons

Soda* short tonsDamaged off-quality & misc'l* short tons

Stocks* short tonsGroundwood* _ short tonsSulphate* short tonsSulphite, total* _ short tons

Bleached* .. . short tonsUnbleached* short tons

Soda* short tonsDamaged off-quality & misc'l* short tons

Imports:Chemical, total f #_ short tonsGroundwood# . _ short tons

Price, wholesale, sulphite, unbleacheddol. per 100 Ib..

Total paper: PAPER!Production! -- short tonsShipments! short tons

Book paper:Orders, new:

Coated percent of normal productionUncoated . percent of normal production

Orders, unfilled:Coated number of days' productionUncoated number of days' production

Productionf short tonsPercent of capacity

Shipments! ... short tonsNewsprint:

Canada:Exports . short tonsProduction- _. short tonsShipments from mills short tonsStocks, at mills, end of month. short tons..

United States:Consumption by publishers... short tons..Imports# short tonsPrice, rolls, contract, destination, N. Y.

base dol. per short tonProduction, total short tonsShipments from mills „ short tonsStocks, end of month:

At mills short tons..At publishers .short tons..In transit to publishers short tons-.

86, 36110, 097

1.90

158, 924222, 244237, 00063, 553

166, 122188, 700

40.0074, 89176 961

15, 577203, 67233, 268

336. 42594 63195, 723

114 17764 49249, 68524 701

7 193352, 710107 98595 122

117 49267 11450, 37825 009

7 io9

110 44456 809

4 93939 45224 70514 7474 6594 599

77, 15014, 243

2.10

6363

65

157, 031"216, 507

220, 769a 36, 889

160, 815196 490

40.00a 79, 540a82 383

-21,562202, 46743, 432

i

346, 109108 35997 380

108 54064 91643, 62427 0804 750

368. 960116 51597, 287

122 57474 79147, 78327 9524 639

133 29464 958

4 83953 48634 58018 9065 5304 481

125, 48617, 555

2.10

5961

54

222, 071242, 490236, 76442, 459

193, 088204 036

40 0089, 72689, 957

20, 337216, 06146, 200

324 473100 30987 992

104 79562 30942 48625 1956 182

328 20 196 83187 901

111 78965 65846 13125 4026 338

136 62761 199

4 74860 30637' 92922 3775 7374 637

136 94711, 051

2.10

6759

54

202, 177229, 637225, 44946, 782

154, 175200 004

40 0082, 26078 480

24, 080241, 13628, 915

311,54389 47387 922

104 26763 98540 28222 7957 086

298 90382 24087 666

100 30260 55839 74429 1086 587

123 94753 8664 492

56 34134 50221 8395' no4 138

150, 03121, 037

2.10

212, 845208 238199 92655, 099

150, 500197 227

40.0074, 01768 047

30, 174253. 489

28, 202

338, 87393 47195 241

117 66369 56248, 10123 8768 622

326, 20482 58096, 504

115 71366 73648, 97724 4096 9Q8

111 27842 975

5 75534 39131 67622 7155 643o 514

142, 86417, 272

2.10

183, 930216, 164209, 93861, 359

145, 095171 390

40 0079. 97189, 984

20, 601270, 69027, 670

317, 73088 61090, 089

110 10460 02950 07522 340

6 607312, 10783 48290 869

109 85563 66046 19521 8996 002

105 65537 8476 555

54 14235' 30718 8355 2021 909

139 51219,319

2.10

190, 794196 172195 32061, 903

151,900159 944

40 0074, 12069 728

23, 702241,89342,818

360, 17799 382

107,943119 96569, 76750, 19825 4987 389

359, 93893 092

108, 551125 07372 19052, 88326 4466 776

105 36131 5027 163

59 25037 73021 590

6* 1501 296

165 93616, 880

2.10

204, 904235, 021228, 92167, 994

168,372201, 146

40.0080, 56281, 229

22, 596236, 73433, 717

347,71194, 499

102, 503119,47570, 39849, 07724, 966

6, 268354, 234101,646102, 168119 80869, 63150, 17724 5566 056

111 75938, 6236 828

59 48436, 96322 521

5,7401 084

146, 06018, 707

2.10

221, 553240, 869262, 20646, 488

172, 287194 392

40.0074,85179 129

18, 425244.388

1 35, 391

329, 96196,81591, 762

112,67462, 47650, 19822, 5526,158

333, 59499, 90292, 108

113 73966, 05647, 68321 866

5 979115 67541 710

7 17460 64840 54320 1055' 238

905

139, 26317, 950

2.10

245, 136239, 544254, 65730, 366

165, 496222, 897

40.0079, 77786, 363

12, 428277, 12546, 237

376, 632103,616111,376128 09175, 98052, 11126, 7306,819

'379, 406106, 321

"110, 520128, 782

70, 01952, 76327, 0026,841

119, 39844, 4006,148

62, 67041, 92920, 741

5,449731

179, 30316, 977

2.10

184, 243201, 959180, 02651,932

157, 870160, 973

42.0080, 57675, 678

17, 277261, 28238, 622

352, 00891,694

105, 279120, 52473, 13747, 38728, 1306,441

352, 83194, 245

104, 581119.81573, 02146. 79427,850

6, 340120, 16140, 651

5, 45061,96141,81320, 1485,109

630

108, 56313, 020

2.10

146, 697180, 305160, 85971, 364

169, 816138, 647

40.0070, 81269, 622

18, 673240, 101

34, 214

119,69013, 973

2.00

206, 492205, 682198, 57478, 396

171, 139181 597

40.0073, 528

a 74, 605

17. 604210,072

1 32, 725a Revised. 2 Discontinued* New series. For earlier data on hand-type vacuum cleaners see p. 20 of the August 1934 issue Data prior to October 1931 not published on brass, plumbing fixtures.

Wood pulp figures based on reports to the PuJp Executive Authority by 172 mills, representing 94 percent of the total U. S. pulp industry. Figures available for the year1934 only. Data not exactly comparable with figures previously shown. See footnote on p. 56 of the April 1935 issue for the complete 1934 wood pulp figures.

t Revised series. For earlier data see pp. 18, 19, and 20 of the November 1933 issue for chemical, mechanical wood pulp, and total paper; p. 49 of the June 1933 issue for1932 for chemical wood pulp imports; and p. 19 of the December 1933 issue for book paper.

# See footnote on p. 35 of this issue. Data for 1933 revised. See p. 20 of the October 1934 issue.• Beginning with January 1934 figures have been compiled by the Code Authority of the Ingot Brass and Bronze Industry. The figures are more complete than those on

deliveries previously shown. Shipments of the concerns formerly reporting contribute about 80-85 percent of the total for the present series.{Tne Code Authority for the Paper Industry is expected to shortly resume publication of some of these paper figures.

June 1935 SUKVEY OF CURRENT BUSINESS 51

Monthly statistics through December 1931, |together with explanatory footnotes and refer- iences to the sources of the data, may be found ! 4 ••,in the 1932 Annual Supplement to the Survey | * pl

1935 j 1934

April 1 April May June July August Septem-ber October Novem-

berDecem-

ber

1935

January F^™- March

PAPER AND PRINTING—Continued

Domestic . reams..Foreign - - reams

Paper board shipping boxes:Shipments, total _ . .mills, of sq. ft..

Corrugated* mills, of sq. ft..Solid fiber* mills, of sq. f t_ .

PRINTINGBlank forms new orders thous. of setsBook 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 booksShipments thous. of books..

69, 1736,851

1,8051,605

200

718.568150

11,33712, 097

57, 0977,312

1.6501,447

204

70, 2095854919475

9,78210, 655

58, 12111,854

1, 6931,492

201

72, 1675424578577

11,65011,395

54, 1858,030

1,6401,438

202

92, 18269856413471

11, 12711,470

46, 0508,100

1,5761,371

205

63, 1334853869971

11, 42211,357

48, 5288,216

1,7791, 545

234

69, 9375524579570

11, 12913,010

48, 9866,990

1,7571,521

238

76, 89585271214078

11,79910, 793

52, 3925,998

1,9431, 696

247

82, 10377165311878

14, 60512, 924

46, 6358,121

1,6341,442

193

83, 11872761211580

11, 56411,399

41,5365,220

1,4921,323

169

76, 2391,080

84723381

11,23311,590

58, 2876,804

1,8071,615

193

83, 930518456

6277

11,13011,818

59, 0715,934

1,6391,464

175

70, 4016285636580

11, 68910, 737

69, 4777,465

1,8791,661

218

78, 9721,004

78422080

12, 45611,361

RUBBER AND RUBBER PRODUCTSCRUDE AND SCRAP RUBBER

Crude:Consumption, total _ _ long tons

For tiresjt _ _ - -long tons .Imports, total, including latex f#..long tons..Price, wholesale, smoked sheets, N. Y.

dol. per lb-.Shipments, world _ long tonsStocks, world, end of monthtA--long tons..

Afloat, total long tonsFor United States. . long tons

London and Liverpool long tons..British Malaya _ _ long tonsUnited Statesf long tons..

Reclaimed rubber:Consumption long tonsProduction long tonsStocks, end of month _ long tons

Scrap rubber:Consumption by reclaimers long tons..

TIRES AND TUBESJPneumatic casings:

Production ._ _ thousandsShipments, total thousands

Domestic thousandsStocks, end of month thousands

Solid and cushion tires:Production.. thousands. .Shipments, total thousands..

Domestic thousands. .Stocks, end of month thousands

Inner tubes:Production. thousandsShipments, total thousands..

Domestic ... thousandsStocks, end of month. thousands

Raw material consumed:Crude rubber. (See Crude rubber.)Fabrics thous. of lb__

« Revised. « Discontinued,t Revised series. For earlier data see pp. IS

issue for crude rubber imports; and for 1932 rev1932, 1933, and 1934. For revisions see p. 51 of t

§ The Bureau of the Census has changed thereported by the cooperating manufacturers. Thwith a " * ") is that the latter are based on sampt.hp, annual nomnlfite census dat.a of t.hp. "Rnrptm c

40, 913

41, 456

.11570, 000

650, 85195, 00042, 946

165, 06486, 723

328,118

9,21010,31517, 032

and 20 ofisions, p.tie Augustitle of tt

e differenle data su\f fho P.on

40, 90231, 21945, 175

.12684, 000

647, 993108,31470, 31496, 13497, 146

351, 759

7, 69710, 18518, 508

4, 6274,3054,212

11, 621

16141330

4,5934,2124,141

10, 267

19, 371

the Dece50 of the1 1934 issule "Boxb<ce betweepplied byana TTiori

39, 57130, 19549, 901

.133115, 000659, 865112,40172, 40196, 21496, 971

354, 909

7,98010. «4819, 454

4,3235,1725,049

10, 793

19181729

4,2284,7554,6639,741

18, 785

mber 1933May 1933e. Ear lie3ard" repn this senthe Ame

36, 62027,61148, 748

.13470, 000

660, 69998, 37358, 37399, 733

102, 045360, 548

7,61510, 82019, 641

36, 875

4, 2125,0714, 9569,913

21191931

3,9745, 1505, 0588,532

17, 71b

issue forissue for

ir data onort to "Pes and thrican Papnn r»rnrln

30, 03522, 03342, 674

.14670, 000

672, 31292, 76657, 336

105, 989106, 448367, 109

7,0069,446

22, 035

3,2524,0333,9549,154

18181730

3,4254,1934,1337,812

13, 267

writing, vworld anconsump

^per boar3 paper beer and Pu

30, 31222,50932, 700

.15574, 000663.76186, 40850, 348

105, 290107, 607364, 456

7,0668,160

20, 649

3,4274,1794,0918,436

18161533

3,5704,0724.0037, 328

13, 724

capping,3 Unitedtion and1 " since (ard datalp Associrations o

27,31719, 86432, 010

.15488, 000

668,81488, 16948, 539

113,052103, 485364, 108

5,1326, 974

20, 319

27, 693

2,8483,0872, 9938,166

15131334

3,0172,9342,8717,410

12, 942

and otherStates stostocks of ^ata actuaon producition whicnr\ TIPW FIT

28, 52620, 48929, 240

.13968, 000

669, 55787, 80947, 809

121, 020101, 349359, 379

7,0978,143

21, 079

3,1882,9192,8348,397

17151435

3,1232,6092,5437,907

13, 169

grades olcks. Dalvaste paply cover <tion and s»h have bc\ nnf i l lpr

31, 35823, 46737,212

.13076, 000

672, 85288, 28148, 281

127, 88896, 556

358, 000

6,4927,268

20,015

3,2413,0953,0268,516

16171633

3,0742,6842,6308,247

15, 382

paper; fca on conser at millill boardhipmentsen ratioe

orrip.r<? a.i

32, 99625, 13718, 171

.12999, 000

670, 000100, 75559, 555

134, 92791,072

355, 000

7, 0347,353

18, 740

25, 959

3,6653,0152,9219,171

16151435

3,3982,7652,6898,904

15, 627

>r 1932 re\umption5 will be sof .012 of3 given atd up to a"p for Q4 \f

42, 86432, 57540, 523

.13675, 000

674, 00088, 18352, 583

148, 33798,471

338, 345

9,58310, 46517, 743

4,4883,5533,469

10, 086

22202032

4,1313, 6103,5399, 332

19, 608

visions, p.of rubberhown inan inch othe top ototal for tIp.ntinnl TT

38, 86829, 67147, 844

.1290 74, 000

a665, 65689,71153,711

155, 72794, 695

332, 773

8,17810, 07215, 765

4,2513,1893,112

11, 184

18161632

4, 0463,2613,200

10, 152

18, 059

50 of thefor tires ri subsequr more inf the pagehe induslnrmfaotn

38, 99728, 83246, 640

.11467, 000

« 670, 41591, 60655, 606

162,01291, 069

333, 728

8,18310, 54917, 335

4,2154,0784,000

11, 325

18202031

3,9994,0433,980

10, 094

7,849

June 1933evised forent issue,thickness(marked

ry, usingrpr«' <?}iin-

ments and finished stocks are for 78 manufacturers, and consumption and stocks of waste paper for 82 manufacturers.I Data for 1934 are estimated to represent approximately 97 percent of the industry; data are estimated to cover 79 percent of the industry for 1929-33, inclusive, and

75 to 80 percent prior to 1929.# See footnote on p. 35 of this issue. Data for 1933 revised. See p. 20 of the October 1934 issue.* New series. See p. 19 of the December 1933 issue for the complete paper-board series. New series on paper board shipping boxes compiled by the Container Code

Authority, Chicago, 111., from reports from all members of the industry of record beginning in January 1934. The volume of companies not reporting each month isestimated bv the Code Authority, so as to keep the series comparable. The solid fiber figures are complete as reported. Prior to January 1934 data covering this industrywere corrmiled by the Paper Board Industries Association*

A These data will be shown in revised form in next month's issue.



1935

April

1934


berDecem-

ber

1935


RUBBER AND RUBBER PRODUCTS—Continued

MISCELLANEOUS PRODUCTS

Rubber bauds, shipments thoiis of IbRubber clothing, calendered:

Orders, net number of coats and sundries..ProductioQ. -.number of coats and sundries. .

Rubber -proofed fabrics, production, totalthous. of yd—

Auto fabrics... _ ..thous. of yd—Raincoat fabrics. thous. of yd—

Rubber flooring, shipments thous. of sq. ft—Rubber and canvas footwear:*

Production, total thous. of pairs..Tennis _ thous. of pairs-.Waterproof ..tbous. of pairs..

Shipmonts, 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 pairs--Waterproof. thous. of pairs..

Rubber heels:Production thous of pairsShipments, total* thous. of pairs..

Export __ — ._ thous. of pairs..Renair trade thous. of pairs—Sboe manufactures thous. of pairs..

Stocks, end of month -thous. of pairs..Rubber soles:

Production— — thous. of pairs..Shipments* total* thous. of pairs..

Export . __ thous. of pairs—Repair trade.. thous. of pairs..Shoe manufactures thous. of pairs

Stocks, ead of month thous. of pairs..Mechanical rubber goods, shipments:

Total thous. of dolBelting thous. of dol—Hose thous. of dol—Other thous. of dol .

0)(0

305

456

342

15, 61513, 795

3,877575

1,670437

4,8432,4512,3922,7491, 868

8812, 6731,798

87517. 7747, 378

10, 396

17,80216,991

3284, 673

11,99139, 961

5,0184,739

5275

4,4594, 989

4, 297883

1,4981,937

293

20, 93021,610

3,908594

1,778540

4,9191, 8193,1002,9272, 084

8432,8742, 036

83820, 080

7, 25912, 821

19, 60320, 120

1376. 928

13. 05539, 763

5,0404,831

1493

4, 3875,360

4,589959

1,7901,840

238

24, 33627, 149

3,156478

1,320449

4, 4781,5662,9123,6131,9801. 6333,5611,9331,629

20, 9456,846

14, 099

19 41220,513

4263,946

16, 14238, 446

4,7725,050

10241

4, 7994,955

4,424990

1, 5831, 852

220

15, 12723,016

3,332526

1,269372

3, 587843

2, 7444,6111,1743, 4364,5941,1703, 425

19, 9356,515

13,419

15 90315, 656

3464.485

10, 82538, 997

3, 0823,277

3182, 9564,933

3, 8341, 0011,3621,472

237

24, 18622, 651

4,291570

1,827413

5,1611,0114,1506, 5291, 5434, 9866, 4481,4674. 982

18. 5675,983

12, 584

18 60515, 493

3394,936

10,21842, 140

3,6013, C02

2382

3,218a4,894

3, 923981

1,3991,540

231

47, 49731, 274

4,742568

2, 405339

3,918877

3, 0416, 498

9115, 5876, 436

8575,579

15, 8585, S21

10,037

13 91113, 219

2194, 0798, 921

42, 652

2, 9523, 107

2455

2, 6504,718

3,187'846

1, 1381, 203

330

38, 62538, 484

5, 279804

2, 813386

5,0781,2013,8775, 525

7904, 7355,486

7584,727

15, 2486,0859,163

14 43716, 8S9

3775, 238

11,27340,016

3, 2393, 297

13584

2, 6994, 656

3,715996

1, 3761.343

209

22, 75625, 868

3 419405

1 552375

4, 9921, 1653,8274,727

4,1524, 053

5284, 125

15, 5136, 6758, 838

13 92215,746

3264,175

11,24438, 040

3,5413,617

3585

3,0304, 528

3, 094707

1,0781.310

174i / t

17,05924, 596

3,334744884411

4,8701,5703,3005, 3171,2584,0605, 2731, 2404,033

15, 1776,9998,178

13, 42814, 075

3593, 435

10, 28137, 751

3,4003,592

3530

3,0594.329

3, 601746

1,0011, 854

230

(!)0)

3, 776286

1, 141268

5, 6682, 6682,9996,3792, 7783, 6016, 2502, 6613, 589

14, 46G6, 8007,576

14, 35116, 630

2935, 667

10, 66735,811

3, 7053,696

9650

3, 0374,311

4, 515871

1,4302,215

•>28

(i\v }

2S7

2S6

5, 3S33, OSS2,3004. 7523,2S41.4CS4,6193, 105

15, OS76,6908,397

If,, 33415, 260

2214, 777

10, 26236, 950

3, 2433, GO!

7042, S9G3,948

4, 261775

1. 3722,115

(')(0

256

366

5, 8633,6732, 19C5, 0874,0231,0645,0413, 9971,044.

15, 8540, 3319, 523

16,25616, 920

438o, 102

11,38530.316

3, 3573,410

2, 8403, 904

5, 4631,0061,8422. 615

STONE, CLAY, AND GLASS PRODUCTS

BRICK §

Common brick, wholesale price, red, N. Y.dol. per thous —

Face brick (average per plant) :Orders, unfilled, end of mo.. thous. of brick. .Production (machine)* thous. of brick..Shipments thous of brickStocks, end of montht thous. of brick..

Sand-lime brick:Orders, unfilled, end of mo_.thous. of brick..Production. — thous. of brick..Shipments by rail thous. of brick. .Shipments by truck thous. of brick-.Stocks, end of month thous. of brick—

PORTLAND CEMENTPrice, wholesale, composite dol. per bbl—Production thous of bbl

Percent of capacityShipments thous. of bbl—Stocks, finished, end of month. —thous. of bbl—Stocks, clinker, end of month... thous. of bbl—

GLASSWARE, ETC.Glass containers: #

Production . .. thous. of gross-Percent of capacity

Shipments thous. of gross..Stocks, end of month thous. of gross

Illuminating glassware:*Orders:

New and contract number of turns..Unfilled, end of month. ..number of turns..

Production ..number of turnsShipments:

Total .. ..number of turnsPercent of full operation .. ..

Stocks, end of month number of turns..Plate glass, polished, production f

thous. of sq. ft—

10. 00

367177229

2,133

850345104343316

1.6676,13627.9

6,19621, 2296,117

3,11354. 3

2, 9568, 060

2,0202, 6082,065

1,92074.8

4,945

16, 999

10.50

657104149

2, 464

705437

291,0061,518

1.5756, 54429.6

6,49221, 5576,565

3,03755. 1

2,9087,592

1,1451.7941,495

1, 25548.9

4,615

8,629

10.50

021137197

2,450

6051,340

601,3461,324

1.5708,55437.5

8,78421, 3016,304

3,25056.7

3,2017,581

1,4911,8581,512

1,42755.6

4,735

7,764

10. 50

545158180

2, 380

4251,228

44965

1, 434

1.6508,81339.8

8,54121, 600

6,424

3,15655.0

3,1687, 548

1,5531,9511,276

1,44656.3

4,641

6,520

10. 50

503179181

2,300

1551,219

45848

1,351

1.6508, 14435.7

7,89821,8526,588

3,11556.5

2,9917,616

1,4532,2051,062

1,10543.1

4,610

7,242

10.50

405131208

2, 333

1181,137

451,0451, 959

1. 6507,84234.5

8,24921, 4246,332

3,16953 2

3,0837,666

1,4232,2161,453

1,39049.9

4,649

7,450

10. 60

369158172

2,292

1401, 164

421,1212, 091

1. 8507,68034.8

7,38821, 7345, 975

2, 85954.0

3, 2607, 231

1,4112,2351,188

1, 42755. 6

4, 457

6, 738

10.50

351203217

2,217

17592083

8891,877

1. 6506, 67529.3

8,43919, 9726,055

3,13252.6

3,1067,210

2,1842,5401,844

1,88073.3

4, 432

7,512

10. 50

322218143

2. 303

8501,651

5521, 1052,715

1.6505,77926.2

5,67420, 0786,213

2,85551.8

2, 5377,481

1, 9902,4562,022

1,99977.9

4,475

6, 587

10. 50

233120115

2,306

14019932

5311, 561

1.6504,44719.5

3,10421,460

6, 137

2,92253.0

2,4307,871

1,6812,3051,877

1,85172.1

4,525

8,390

10. 50

2546464

2,310

100175

0350

1,317

1.6503,20214.1

2,84621,8476,318

2,93549.3

2,6797,990

1,7742, 2521,638

1, 69165.9

4,487

13, 365

10. 44

2587197

2, 318

100155

13266

1,363

1. 6503, 05314.9

2, 952o21,899

6,348

2,63949.9

2,5848,010

1,8502, 3561,774

1,68565.6

4, 624

13. 723

10. OC

28S95

1382,282

92511520

414811

1.6584,299

18.9« 4, 878

«21,289« 6, 343

2,94651.4

2, 9637,955

2, 1152,6111,902

1,79169.8

4,795

16, 5320 Revised. ' Discontinued.* Naw sariei. Earlier data not published on rubber heels and soles prior to December 1932, and on illuminating glassware prior to July 1932 (except production and

percent of capacity); for earlier data see p. 20 of the June 1933 issue, face brick, machine production.§ See p. 20 for new series on production and shipments of common brick, paving brick and hollow building tile.1 Adjusted for degrading and year-end physical inventories.t Revised data for 1933 represent total production for the United States.# Series on glass containers are not comparable for 1934 and earlier years due to increase of numbar of firms reporting to 44. Shipments of the 44 firms for the year of

1933 amounted to 33,055,708 compared with 23,511,953 for the 39 firms reporting a year ago. Comparable statistics on shipmants for the companies, now reporting by years,from 1923 to date were as follows (in gross): 1923, 31,943,016; 1929, 33,765,896; 1930, 31,905,933; 1931, 31,413,503; 1932, 26,947,919; and 1933, 33,043,747. Data are not available forthis period on production and stocks, nor are monthly figures on shipments available. It may ba noted from the trend of these data that the monthly figures prior to 1934had a downward bias. Basis of estimating capacity was changed in computing the new series. Data beginning January 1934 revised see p. 52 of the May 1935 issue.

• In October 1933 4 new companies were included in the report and 1 additional company in January 1934. Since that month, the coverage of the industry is 100 percent.For preceding periods the coverage varied but was about 80 percent. Overlapping figures are available for October 1933. See the October 1934 issue for October 1933 data forthe smaller number of firms.


Monthly statistics through December 1931,

ences to the sources of the data, may be foundin the 1932 Annual Supplement to the Survey

1935

April April May June July

1934

August Septem-ber October Novem-

berDecem-

ber January

1935

Febru-ary March

STONE, CLAY, AND GLASS PRODUCTS—Continued

GYPSUM *Crude (quarterly):

Imports short tons..Production short tonsShipments (uncalcined) short tons..

Calcined (quarterly):Production . ... short tons..

Calcined products (quarterly) :Shipments:

Board, plaster (and lath) -thous. of sq. ft..Board, wall. thous. of sq. ft..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

TERRA COTTAOrders, new:

Quantity short tonsValue _ . „ thous. of doL.

1 440133

88069

99695

92, 703439 953173, 218

325, 958

31, 59176, 2184,258

226 405

29, 4372 426

1 630122

96483

1 38284

88, 408450 364145, 404

257, 048

32, 60144, 6123,501

188 314

24, 6811 721

51550

76165

53941

101, 805334 31899, 956

234 735

32, 90449, 7932,866

162 020

23, 9851, 550

1 09082

96780

93480

10, 730292, 40684,853

233,852

29,93751, 3622,997

165,970

79556

TEXTILE PRODUCTS

463

323

9

.117

.117

227

8,2631,0817,2026,1244,169

.296

16,2855,903

.061

.073

P146, 605

*6' 433P106, 100

297, 866103, 500

23, 8546, 05819785. 3

9,8789,40218, 134

513

387

12

.116

.119

522

8,6791,5857,0948,5666,093

.320

.471

23, 7916,135

.067

.080

150, 138104, 6895,916

122, 951

308, 895106, 388

26, 4857,259234

105.6

10, 1329,61118, 742

519

285

15

.110

.114

515

7,9821,4226,5607,9595,541

.301

.458

22, 7923,817

.063

.077

137, 05397, 8385,834

114,803

310, 471107, 128

25, 8967,26823498.0

8,4748,45818,845

6,6746,34919, 164

363

459

10

.116

.123

339

7,3111,3265,9857,3625,040

.298

.451

21, 2231,701

.064

.076

106, 74173, 9544,88583, 414

314, 413118, 034

24,6215,24116972.6

360

306

10011

.123

.129

432

6,7941,2285,5666,9504,737

.308,459

7,8388,66618, 332

6,9898,07817, 238

421 296

253 | 454

1,398 4,95811 8

.131 .131

. 134 . 131

527 1,676

6, 905 8, 6731,081 i 1,0575,824 7,6166,639 i 7,2104,532 5,225

.315 .316

.464 | (2)

9,5649,79117, 006

520

616

7,92012

.125

.125

2,283

10, 5211,1409,3817,9636,037

9,4669,30817, 159

8,0018,22016. 934

477

572

9,0308

.123

.126

1,498

11, 0891,2949,7957,9556,086

.312 .304

! i15, 647 14, 4581, 944 2, 108

.067 ! .071

.077 i .079

101,015 i 113,20966, 472 73, 6515, 686 5, 73875,833 i 84,499

310, 039 269, 461109, 756 101, 057

24, 418 24, 1545, 152 5, 753167 18674.3 76.8

17, 3302,512

16, 4232,592

16, 8573,517

. 074 . 070 . 066

.082 . 081 . 078

111,581 134,38673,407 I 89,4206, 162 ! 7, 98590, 772 126, 384

266,886 277,030101,083 j 108,830

22,113 I 25,0953, 716 I 7, 185120 23354.3 1 97.1

126, 72687, 6796,693

114, 139

298, 233111,758

25, 0516,70321794.0

414

504

& 9, 17410

.124

.1279,634977

10, 9401,3009,6417,8195, 962

.309

9,9968,58818, 343

547

466

<*9,3808

.123

.127

482

10, 1581,1948,9647,4825,565

.306

16, 444 15, 4844,353 | 5,474

. 068 . 067

. 077 . 077

128, 89887, 9926,114

107, 379

145, 390107, 2836,999

120, 203

284, 473 288, 864107,585 | 100,008

25,057 i 25,1466,027 i 7,510195 | 24487. 1 102. 6

9,2148,73218, 825

9, 6929,76818, 749

478

390

8

.122

.126

374

9,5341,1618,3737,1975,132

.299

15, 8487,727

.065

.076

137, 335104, 9876, 013

117, 780

276, 86397, 232

24, 9256,575213

100.2

481

313

0 9, 47210

.115

.115

420

8,9021,1177, 7856,8814, 715

. 297

18, 7137, 118

.062

.074

" 148, 7100 119, 107°6,797

« 122, 548

291, 48197, 732

24, 5716,66321692.9

CLOTHINGHosiery:* t

Production thous. of dozen pairs.Shipments thous. of dozen pairs..Stocks, end of month.thous. of dozen pairs

Men's and boys' garments cut:Overcoats thous. of garmentsSeparate trousers thous. of garments.Suits thous. of garments

COTTONConsumption f thous. of bales..Exports:

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 _ dol. per lb_.Wholesale, middling, N. Y dol. perlb..

Production, crop estimate thous. of bales..Receipts 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..

COTTON MANUFACTURESCotton yarn:

Prices, wholesale:22/ls, cones (Boston) dol. per lb_.40/ls, southern, spinning dol. per lb.

Cotton goods:Abrasive cloth. (See Paper Products.)Cotton cloth:

ExportsS thous. of sq. yd..Imports? thous. of sq. yd.

Prices, wholesale:Print cloth, 64 x 60 dol. per yd.Sheeting, brown, 4 x 4 (Trion mill)

dol. per yd..Cotton cloth finishing:*

Production:Bleached, plain thous. of yd..Dyed, colors— thous. of yd..Dyed, black thous. of yd_.Printed _ thous. of yd.

Stocks:*Bleached and dyed... thous. of yd_.Printed thous. of yd.

Qpindle activity:fActive spindles. thousands -Active spindle hours, total, .mills, of hours-

Average per spindle in place hours..Operations ...percent of capacity..

• Revised. 6 As of Dec 13. <* As of Jan. 16. *> Preliminary.* New series. For earlier data on gypsum, see p. 20 of the January 1933 issue; the new series on hosiery compiled by the Hosiery Code Authority and are estimated to

represent 95 percent of the industry. The revised data on hosiery presented in the October 1934 issue are based on a check of the data previously reported, made by theCode Authority. Data on cotton cloth finishing are from the National Association of Finishers of Textile Fabrics and cover practically all the industry; comparable figuresare not available prior to December 1933; the production statistics are prorated from data for 4-week periods; stocks are as reported at end of each 4-week period.

1 For revisions for crop years 1931-32, 1932-33, and 1933-34, see p. 52 of the October 1933 issue, p. 52 of the September 1933 issue, and p. 53 of the October 1934 issue,respectively.

f For revisions of cotton consumption, domestic stocks and spindle activity for crop year 1931-32, see p. 20 of the February 1933 issue, for crop year 1932-33, see pp. 52and 53 of the November 1933 issue, for crop year 1933-34, see p. 53 of the October 1934 issue. Data on hosiery revised by the Code Authority; revised data for the monthsof 1933 previously shown in the Survey, and comparable data on shipments back to 1929 will be shown in a subsequent issue.

§ For 1932 revisions see p. 53 of the June 1933 issue; for 1933 revisions see p. 20 of the September 1934 issue.# See footnote on p. 35 of this issue. Data revised for 1933; see p. 20 of the October 1934 issue.• Stocks at end of 4-week periods through June 16. July figures are averages for July 14 and Aug. 11. August figure as of Sept. 8. Subsequent data or succeeding

4-week periods.2 Discontinued by reporting source.


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

1935

April

1934

April May

TEXTILE

June July Augustj

PRODUCTS-

SeCm"| October

| 1935

Novem- Decem-ber ! ber

I . iJanuary ^^ March

— Continued

RAYON AND SILKRayon: J

Imports §# thous. of lb_.Price, wholesale, 150 denier, "A" grade

(N. Y.) dol. per lb._Stocks, imported, end of month thous. of lb_.

Silk:Deliveries (consumption) bales. .Imports, raw§# thous. of lb..Prices, wholesale:

Raw, Japanese, 13-15, N. Y...dol. per lb__Silk goods, composite dol. per yd_.

Stocks, end of month:WTorld, visible supply _bales_.United States:

At manufacturers - ..bales..At warehouses bales..

Silk manufacturing:Operations, machine activity:

Spinning spindles:*All percent of capacity. .5-B percent of capacity. _

Weaving:Broad looms f percent of capacity.-Narrow looms t - - percent of capacity. -

Silk piece goods:*Commission mills:

New orders - yards per loom..Production yards per looin..Shipments yards per loom..

Stock-carrying mills:Production yards per loom--Shipments yards per loom. .Stocks, end of month. ..yards per loom..StUl to come off looms, yards per loom..

WOOLConsumption, grease equivalentj-thous. of lb_.Imports, unmanufactured^ thous. of lb_.Operations, machinery activity:*

Combs worsted - percent of capacity. .Looms:

Carpet and rug percent of capacity--Narrow percent of capacity. .Wide percent of capacity. .

Spinning spindles:Woolen percent of capacity. .Worsted - percent of capacity. .

Prices, wholesale-:Raw, territory, fine, scoured dol. perlb..Raw, Ohio and Penn., fleeces — dol. per lb_-Suiting, unfinished worsted, 13 oz. (at mill)

dol. per yd_.Women's dress goods, French serge, 54" (at

factory) dol. per yd-_Worsted yarn, 2/32s, crossbred stock Boston

dol. per lb._Receipts at Boston, total* thous. of lb_.

Doniestic thous. of lb..Foreign* thous. of lb-_

Stocks, scoured basis, end of quarter. 1Total thous. of lb_.

Domestic thous. of lb_.Foreign - thous. of lb..Combing ... thous. of lb..Clothing - thous. of lb_MISCELLANEOUS PRODUCTS

Burlaps and fibers, imports: §#Burlaps thous. of lb._fibers long tons..

Buttons and shells:Buttons:

Imports total§# thous. of gross.. .From the Philippines thous. of gross..

Fresh-water pearl:Production percent of capacity--Stocks, end of month thous. of gross..

Shells, imports, total§# thous. of lb._Mother-of-pearl thous. of lb__

Tagua nuts imports§# thous of lbElastic webbing, shipments thous. of dol._Fur, sales by dealers thous. of doL.Pyroxylin-coated textiles (artificial leather):

Orders, unfilled, end of mo.thous. linear yd_.Pyroxylin spread thous. of lb_.Shinmonts. billed thou*. of linear yd..

16

.60

39, 7574,905

1.391.92

220, 577

37, 587

40.540.5

* 62, 06615,459

111

582773

7663

.64

.23

1. 510

.990

1.058,9517,1411,810

42, 20420, 085

11171

45.98, 2581,393

4691 0181,060

*> 2, 0001 2, 654

4, 6004, 328

14

.55449

37, 3924,798

1.3181.01

278, 000

21, 90261, 083

48.645.9

54.735.7

277.0614.8572.0

344.9390.2937. 7384. 1

29, 88913, 567

46 "

394055

7039

.85

.37

1.650

1.103

1.354,4052,8721,533

30, 57317, 861

5435

61.7« 7,316

345168

1 148960

2,241

3,3464,2584. 023

30 4

.55 ; .55440 372

38,740 \ 33,0695,176 ! 5,037

1.284 1.199.96 .93

268,000 259,000

21,675 ! 20,43061,060 ' 59,048

31.5 40.039.5 38.9

38.1 ' 46.529. 0 25. 6

247.3 278.4434.2 1 458.5411.7 j 426. 1

269. 7 296. 3357. 7 257. 8890. 3 977. 3378.5 372.8

28,213 26,2137,458 8,003

47 40

42 ; 4641 3056 54

68 7140 29

.84 .84

.33 .31

1. 634 1. 634

1. 119 1. 139

1. 31 1. 2813, 877 35, 34512, 025 33, 5121,851 1,833

.. 178,292148 330

27, 962116,8)459,448

34,400 27,09317 172 21,399

121 4577 ! 42

57.9 40.07,303 7,118

414 310313 226638 458858 705

1, 842 1, 644

3,139 3,2243,350 2,7063.327 : 2,645

i

24 27

.55 .55280 275

32,021 1 36,2474,719 | 4,731

1.139 i 1.133.92 | .93

272,000 | 285,000

19,479 ! 18,50066,268 58,694

41.5 i 40.337.2 37.1

42.9 41.724.9 i 29.7

290.2 : 428.7409.9 462.2414.8 i 456.4

270. 0 i 292. 0286. 9 ; 400. 3

; 1,004.5 • 952.2327.4 i 320.0

b 27, 254 i t 28, 4957,632 7,046

37 38

33 ! 3526 i 24

i 53 1 51

' 71 i 7231 26

.84 .76

.31 j .31

1.634 1.634

1.139 1.139

1.26 ! 1.2159,972 ! 23,673

! 58,962 I 22,9871,010 ! 687

i

42,471 31,63115 010 ' 15 625

77 7962 70

23.7 34.56,791 i 6,634

335 ! 1,644199 I 526650 i 524646 840

; 2,038 ! 2,669

3,323 3,0652,972 3,6542.649 ! 3,059

11

.55276

32, 5996,846

1.125.93

285, 300

20, 01076, 645

28.037.8

25.018.7

242.3232.2248.2

174.7318.5818.6324.5

b 23, 4677, 567

29

301828

4521

.76

.30

1.634

1.139

1.1814, 82913, 942

887

192,345168, 34424, 001

135, 70656, 639

27, 12410, 978

7570

37.06, 432

222165667817

2, 220

3,0503, 2943.031

29

.55272

49, 1065, 387

1.185.93

277, 800

20, 84466, 479

43. 247.4

48. 1

449. 0550. 8536. 5

320. 2325. 9830, 9387.2

» 34, 0658,850

49

343445

6335

.76

.28

1. 460

1.139

1.1712, 74412, 033

711

22, 5179, 044

7258

43.16, 296

289219853929

1,797

2, 9303, 3253, 125

25 6

.55 .57265 264

37,548 40,9417,219 2,566

1.292 i 1.358.95 < .96

275,000 272,300

20,354 i 21,44076,502 i 65,934

44 4 46 845. 8 45. 8

342.0 I 425.7512.3 520.0481 Q 534 7

i325 6 320 9367. 6 '• 399. 4853.8 ; 787.5393.5 ! 480 9

b 44, 858 l b 57t 0654,964 5,074

82 95

23 2829 2648 63

66 7148 65

.76 ' .76

.28 .27

1.485 1.510

1. 101 . 990

1.11 1.1011,053 5,75810, 687 4, 826

366 932

170.004149 016

90 988113, 751

. 56,253

31, 472 27, 49310 881 10 530

65 2847 21

48.4 41. 16, 396 6, 236

442 1, 266423 130365 523823 815

1,887 i 1,386

2,988 2,787! 3,257 3,337! 2,833 i 3,197

22 9

.60 .60263 262

47,443 41,7325,278 6,516

1. 348 1. 432.96 ( .96

258, 500 234, 457

17,630 (048, 516 48, 727

55 0 °5? 20 50 3 C51 8

b 58, 370 * 51, 6108,583 11,964

100 89

36 4528 3181 i 88

85 i 9274 ; 71

.76 i .69

.26 .25

1.510 1.510

.990 : .990

1.10 ! 1.085, 177 3, 7304, 478 2, 380

699 1,350

j

27,196 i 49,44721 098 ' 20,271

119 63103 44

44. 8 50. 38, 676 8, 536

811 460772 432

1 119 905956 949

1,799 1,942

3 036 2,9934,214 i 4,4443,738 1 4,057

26

.60

44, 3475,658

1.327.94

223, 548

36, 583

M5 8aol 4

b 65, 00613,939

95

522982

8161

.66

.23

1. 510

.990

1.056, 5074, 6261,881

134, 455115,21619,23988, 16346, 292

35,11318, 035

8068

49.38,357

634607

1,4791,018

P2.171

2, 8224,8294, 691

a Revised, ff See footnote on p. 35 of this issue. 2 Discontinued. p Preliminary.& Since July 1934 report has been on a weekly basis. Data for September and December 1934 and March 1935 are for 5 weeks; other months, 4 weeks. Figures for

July and succeeding months are computed from Census Bureau figures so as to represent 100 percent of the wool industry.§ For 1932 revisions see pp. 53 and 54 of the June 1933 issue, and for 1933 revisions see p. 20 of the October 1934 issue.f Compiled by the Silk Code Authority (The National Federation of Textiles. Inc.) and represent the percentage of operations based on an 80-hour week (2 shifts of 40 hours

each). Data are not comparable with the series previously shown in the Survey which were based on a smaller sample and computed on the basis of a 48-hour week.* New series- Silk spindle activity, compiled by Silk Throwing Code Authority; not comparable with spinning data previously shown. For earlier data on silk piece

goods (stock-carrying mills only) see p. 19 of the April 1935 issue, excepting for yardage on looms, which is shown on p. 20 of the August 1934 issue. Wool stock series beganin June 1934.

* Beginning with the July 1934 report the statistics are reported on the basis of 4 and 5 weeks, the weekly distribution being determined by the Saturdays. The statis-tics presented herewith are still based on the pre-code computed normal (currently based on the single-shift performance over the 5-year period 1928-32). The current datarepresent practically complete coverage of the industry. No allowance for holidays in Jan. 1934, Jan. 1935, and Dec. 1934. Conversion will be made for earlier months(since effective date of code) at a later date.

* Foreign receipts for year 1934 are compiled by 17. S. Department of Agriculture and are not comparable with data carried through December 1933. This results in atotal figure which also is not comparable with earlier data.

^Compiled by the Bureau of the Census and represent stocks of raw wool held by all dealers, topmakers, and manufacturers who usually hold significant stocks of wool.The figures for the 3 quarters of 1934 have been revised to include the "grade not stated."

J Grease equivalent of shorn wool, plus actual weight of pulled wool. Conversions are based on totals; scoured wool is multiplied by 2 and pulled wool by 1&. Includesclothing and carpet wools

cf See p. 19 for an index of rayon deliveries, 1923 to date.



1935

April

1934 1935

April MayI

June July August Septem-ber October N°berm~

Decem-ber January

rutT 1 «««*TRANSPORTATION EQUIPMENT

AIRPLANESProduction total number

Commercial (licensed) number

For export number

Exports AUTOMOBILES}Canada:

Automobiles, assembled . - number..Passenger cars number

United States:Value. (See Foreign Trade.)Automobiles, assembled, total§-.number_.

Passenger cars§ _ _ - ..number..Trucks § number

Financing:Retail purchasers, total. _thous. of doL-

Used cars thous. of dol._Unclassified thous. of dol._

Wholesale (manufacturers to dealers)thous of dol

Fire-extinguishing equipment:!Shipments:

Motor-vehicle apparatus _ _ numberHand-types _ number..

Production:Automobiles:

Canada, total numberPa^enger cars numberUnited States, totalf number

Passenger carsf. . - . numberTaxieabs*.. number..Trucks f number

Automobile rims . _ . _ thous. of rimsRegistrations:

New passenger carsf ... _ _ _ numberNew commercial cars* number

Sales:General Motors Corporation:

To consumers _ . numberTo dealers, total H number

U. S. dealers.. number..Shipments, accessories and parts, total*

Jan 1925=100

6, 3565,194

26, 43318, 3418,092

4729, 796

24. 12120, 686

477, 716401, 628

76, 0881,907

319,65246, 785

143,909184, 059

! 152,946

Accessories, original equipment jJan. 1925=100..

Accessories to wholesalers Jan 1925 ~ 100 iReplacement parts Jan. 1925=100Service equipment.. . . Jan. 1925=100 i

RAILWAY EQUIPMENTEquipment condition:

Freight cars owned:Capacity mills of IbNumber, total thousands

Bad order, total number.Percent of total in bad order

Locomotives, railway:Owned:

Tractive power. _ mills, of lb_.Number _ . 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.

181,3961,883

284, 72815.4

2,23146, 19310, 539

22.862

106

6001, 447

533914

Shipments, total cars.. 334Domestic cars 162

Locomotives, industrial electric (quarterly):Shipments, total number.

Mining use. ... numberLocomotives, railway:

Orders, new, placed by railroads.. number., i 2Orders, unfilled, end of month:

Equipment manufacturers (Census) \total number.. 83

Domestic, total . _ number 77Electric numberSteam number

Railroad shops 04. R. A.) number..Shipments:

Domestic, total . numberElectric numberSteam number

Exports, totalf numberElectric. .number-Steam number

Passenger cars:Orders, new, placed by railroads-number..

Orders,unfilled(end of quarter).number__Shipments, total numberDomestic. number..

7431

1165

221210

55

4141

120673518

3,9502,930

27, 26516, 50910, 756

87, 99859, 77226, 6941,532

121, 061

3516, 597

18, 36315, 451

"352, 975"288, 355

« 64, 6201,636

222, 90038, 882

106, 349163, 954121, 964

127

13072

14571

190, 0791, 994

295, 19115.0

2,34549, 57311, 095

22.846

311

75015, 96410, 0006,964

159159

40

14614288541

000

1073

75

00

1831025724

4,2053,185

24, 67016, 0588,612

99, 59167, 99129, 7631,837

123, 691

2528, 915

20, 16116, 504

"330, 455"273, 764

" 56, 6911, 140

219, 16339, 831

95, 253132, 837103, 844

115

11283

14386

189, 7001,989

301, 36815.4

2,34149, 39511,080

22.837

218

51721,01115, 1745,837

191190

17

13612560650

31310

12111

47

60

2051226518

5,2553,970

24, 88718, 0716,816

99, 11468, 84228, 4011,871

102, 706

3622, 264

13, 90510,810

"306, 477"261, 280

« 45, 1971,016

223. 64234, 778

112, 847146. 881118, 789

106

10196

13571

189, 4261,985

298, 8461 15. 3

i 2, 334, 49, 21 1

10, 80322.3

40224

45, 278

1.21717,81312, 5165, 2971, 6181,616

7070

3

13712659670

220

14104

0118

00

155105

1931

6,5554,692

23, 95917, 6216,338

95, 48565, 09328, 6011,791

90, 294

3222, 183

! 11,1148, 407

"264, 933"223, 094

* 41, 8391, 155

i 228,76037, 490

101,243134, 324107, 554

99

9582

12767

! 188,491! 1,971< 299,780| 15.5

2, 310! 48, 587! 10,789! 22.3| 70

568

! 0| 13, 755

9, 607i 4, 148! 3, 129

3, 059

0

133! 122i 61

I 61j 20

6I 0

68

! 7i 1

0

56

191102

881

3,5172, 532

19, 82712, 5227.305

87, 70068, 02928, 028

1,643

85, 108

4521, 495

9,9047,325

«234,811183, 500

"51,311752

193. 82840, 790

86. 258109, 27887, 429

92

8510113468

186, 8891,949

1 293,173i 15.3

! 2, 29748,20910, 771

| 22.4: 62

439

! 1138, 372

! 5, 5252, 847

! 4, 1864, 184

5

135i 123

59i 64| 0

42

! 2i 17

143

2

5656

180811584

3,3432, 285

17,76610, 23f,7,530

67, 20943, 25022, 708

1,252

55, 586

3923, 056

5,5794,211

M 70,007"125, 040

a 44, 967520

146,93137, 225

71, 64871,88853, 738

81

7110112960

186,1171,938

296, 41815.5

2, 2S547. 78210,616

22.248

i 475

' 44 363

! 45,4953, 4222, 073

j 3, 3313, 329

8787

1

12711556590

133

10880

01933838

120602436

i3,7782,754

15, 5528,0407,512

68, 22442, 73824, 127

1,360

45, 363

3124, 007

3, 7802,125

"131,991" 84, 003

« 47, 988630

140, 88040, 878

69, 09072, 05050, 514

79

6610713561

185, 4971, 932

297, 54615.6

2,278i 47, 553

10, 67622.5

! 62291

753,0801, 7951,2851,7881,768

111574212

1,9291,140

16, 2809,2087,072

55, 30333, 78420, 3901,120

29, 730

2531,219

1,6971, 052

a 83, 482a 49, 020

* 34, 462578

107, 64828, 689

62, 75261,03739, 048

77

6612412356

184, 8981, 925

295, 94715.6

2,27147, 32910, 718

22.768

292

41.771'959812768748

5 \ 69

118 i 127106 ! 12556 8950 l 360 0

11 162 i 09 1 166 283 i 173 11

0 0

41 241 2

83472115

641367

15, 4208,2797,141

43, 78924, 76118,0161,012

36, 530

4021, 536

°2,694«2,443

"153, 624"111,061

<• 42, 5631, 199

75, 51424, 125

41,53041, 59428, 344

99

10111010355

183, 3631,907

290, 70915.5

2,25146, 86910, 344

22.1! 81

543

43 354

: 360628

53; 575

999! 995: 63; 63; o

! 127i 121i 101

20! 0

i 213

! 18431

01824429

85511519

1,5851,366 I

17, 62611,0356,591

56, 15235, 93718, 9551,260

93, 830

3025, 169

10, 6078, 269

"292, 817"229, 233

« 63, 5841, 869

136,63534, 759

54, 10598, 26875, 727

113

11592

12665

182, 6851,900

285, 25615.2

2,243: 46,636

10,41922.3

80261

2481839941912165

0

115109

! 96130

136

963

0

«6l°61

99562815

4,8584,342

21,82715, 0676,760

66,41942, 77922, 2851,355

106, 054

2220, 697

18,11413,885

«335, 699"275, 623

" 60, 0761,616

170, 61534, 797

77, 297121, 14692, 907

123

12310214570

182, 1171,892

277, 45114.9

2,23646, 36310,423

22.564

337

8064271133149999

1

102978413o

12120541

0

1010

165864138

9,3556,665

29, 80620, 9868,820

95, 14961, 69531, 5981,856

145, 519

3621,713

21,97518, 179

" 429, 834«361,816

"68,0181,724

"261,477"41,511

126, 691169, 302132, 622

135

14210114472

« 182, 7731,888

274, 77514.8

2,23246, 23710, 389

22. 545

! 171

i 0444

i 30414

! 143! 143; H

3930

8

91867881

\16115871

0

1313

• Revised.• New series. For earlier data see p. 20 of the February 1934 issue for total shipments, accessories and parts, and registrations of new commercial cars.f Revised series. For earlier data see p. 19 of the August 1933 issue for fire extinguishers and passenger-car registrations: and p. 55 of the June 1933 issue for 1932 exports

of locomotives. Data on automobiles revised for 1933. See p. 55 of the August 1934 issue. For revised data for 1934 not shown above see p. 56 of this issue.t Index of sales of new passenger cars is shown on p. 26 of this issue.5 Data revised for 1932. See p. 54 of the June 1933 issue. Data revised for 1933. See p. 20 of the September 1934 issue.• Taxicabs are included in figures for passenger cars, beginning January 1934 in order to avoid disclosure of individual companies,^ United States and Canadian dealers, plus overseas shipment.



1935

April

1934


berDecem-

ber

1935


TRANSPORTATION EQUIPMENT — ContinuedELECTRIC TRUCKS AND TRACTORS

Shipments, industrial, total number--Domestic numberExports n umber. .

SHIPBUILDINGUnited States:

Merchant vessels:Under construction-. _thous. of gross tons..Completed during month.total gross tons..Steel - - total gross tons..

World (quarterly):Launched:

Number shipsTonnage - thous. of gross tons

Under construction:Number ships

75705

2012, 6403, 543

Tonnage __thous. of gross tons

72711

4812, 9048,101

63603

4611, 9589,843

65641

387,5353,256

99145

2881,216

2927

2

3510, 9707,877

38371

335,1562,907

39363

3249, 9751,601

129307

2961.311

4543

2

332,4411,555

24231

492,370

858

50455

502,430

447

124384

2711,252

42420

383,1032,097

58571

384,4833,740

«59• 56

3

3014, 51011,344

112*279

3251,270

CANADIAN STATISTICSBusiness indexes:*

Physical volume of business 1926=100..!Industrial production, total 1926=100..

Construction^ - - 1926=100Electric power 1926=100—Manufacturing 1926=100..!Forestry - 1926=100—?Miningf- 1926=100..!

Distribution 1926=100..!Carloadings .1926=100..Exports (volume) ..1926=100..!Imports (volume) 1926=100Trade employment . 1926=100..

Agricultural marketing 1926 = 100. . iGrain marketings 1926=100-Livestock marketings 1926=100..

Commodity prices: \Cost of living index 3 1926=100.,Wholesale price index# . 1926=100 .

Employment, total (first of month) .1926 =100..Construction and maintenance 1926= 100. JManufacturing - 1926=100..Mining 1926=100..,Service 1926=100..:Trade 1926=100..!Transportation 1926=100..

Finance:Banking:

Bank debits - - mills, of dol—Interest rates 1926-100-

Commercial failures* numberSecurity issues and prices:

New bond issues, total thous. of dol—Corporation thous. of dol—Doininion and provincial.. thous. of dol—Municipal thous. of dol..Railways thous. of dol—

Bond yields percent..Common stock prices, total f— 1926=100-

Banks 1926=100—Industrials 1926 = 100. .Utilities 1926=100..

Foreign trade:Exports thous. of doL.Imports thous. of dol—Exports, volume:

Automobiles. (See Transportation Equip.)Newsprint. (See Paper.)Wheat thous. of bu..Wheat flour. —thous. of bbl—

Railway statistics:Carloadings thous. of cars..Financial results:

Operating revenues thous. of dol.Operating expenses thous. of dolOperating income thous. of dol—

Operating results:Freight carried 1 mile ._ mills, of tons..Passengers carried 1 mile mills, of pass

Commodity statistics:Production:

Automobiles. (See Transportation Equip.)Electrical energy, central stations

mills, of kw.-hr..Pig iron thous. of long 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.)Silver. (See Finance.)

Wheat, visible supply. (See Foodstuffs.)Wheat flour.. thous. of bbL.

98.397.737.9

195.994.099.0

156.4100.079. 181.571 5

121.091.891.792.0

78.872.593.480.293.9

117.7111.4117.476.3

2,36780.8

72, 0228,622

15, 0000

48, 400387

86.475.0

130.843.8

38, 29636, 637

5,027277

185

1,88143

69

12925643

92.691.428 3

176.787.794.2

160.296.076.069.6.69 3

117.256.949.390.6

79.4« 71 3

91.395.888.1

103.3111.8116.175.9

2, 53687.7141

31, 96416, 28015, 000

6840

4.2090.776.1

133.068.1

32, 04734, 815

3,568341

177

23, 39519,4882,839

1,869103

1,69827

70

11925234

1,089

99.699.934 3

188.5100.2103.6146.398.575.679.682 8

117.8130.6140.187.8

78.571. 192.095.890.2

103.6111.7115.678.5

3,12984.8

132

76, 9726,602

57, 707664

12,0004.0688.675.2

128.066.7

68, 54362, 887

19, 024482

194

26, 06921, 2403,814

1,873103

1,83138

71

13326732

1,175

95.895.225 1

185.798.7

100.1127.397.573.477.173. 1

119.697.299.686.7

78.272. 196.6

116.793.2

106.2115.4116.580.3

2,60285.4

115

9,5142,200

07,314

04.0987.272.7

126.164.5

68,64346, 186

18, 426441

193

24, 43620,7632,636

1,721183

1,70937

64

11622366

1,127

95.795.634 8

180.699.096.7

117.296.272.376.772.2

118.0148.8164.080.6

78.472.0

101.0140.693.8

107.0119.7119.182.6

2,76783.1

122

51, 762765

50,000997

03.9881.373.6

116,660.6

56, 78744, 145

12, 979408

188

25, 20622, 0662,114

1,879150

1,62137

67

10717875

1,073

99.099.839 9

184.8100.798 4

135.796.774 977.370 0

118.0172.8195.870.0

78.772 399.9

129.094.2

110.3123.0116.683.6

2,53482.3103

54, 9682,231

52, 150587

03.9483.873.1

120.161.2

55,83743, 507

14, 710: 412

205

25,20122, 9471, 180

1,751169

1, 67742

64

111169

; 97

1,282

97.1 i97.540 4

162.799. 5 ,93 8

132.996.267.082.873.5

119.8 l

127.7139. 076.7

79.072.098.8

118.194.3

112.4125.5117.183.6

2,58182.0

113

16, 9453,2109,6344,101

03.9383.874.9

118.850.1

58, 81542, 208

17, 588369

212

27, 60521, 6884,998

2,366134

!

1,62743

57

117179113

1, 383

95.9« 95. 5

37 2170 494.8

100 3143.597.268.785.378 2

119 561.257.975.7

79.371 4

100.0117.094 4

117.9116.2120.084.8

3,41082.9

130

271, 065450

270, 000615

03.9785.276.1

122.049.0

68, 31347, 229

21, 808486

243

29, 15121,4536,746

2,561106

1,85347

58

148230192

1, 654

96.597.042 2

181 496.0

104 1137.595.265 960.685 3

119 351.246.372.8

79.471 2

100.2111.092 8

121.2114.9121.383.9

3,09281.0

119

5,248685

04,563

03.8886.078.3

125.346.5

65, 67749, 884

18, 770504

211

25, 70219, 9164,797

2,22694

1,95439

57

13028995

1,704

92.491.030 6

188 891.8

110 3121.896.165 761.672 6

123 836.029.067.3

79 071 298.9

100.391 3

122 9115.2126 080.1

3,04076.2

124

48, 8838,100

18, 8781,405

20, 5003.6586.279.0

125 647.5

61, 39539, 108

•17, 336

341

172

24, 77819, 9023,629

1, 739136

2,05342

59

86294

47

i 969

97.597.873 4

189 788.995 7

140.497.175 870.171 3

118 930.619.381 5

78 971 494.487.987 4

119 1115.2130 676.2

2 68276.2107

35, 3631,205

33, 730428

03.6588.680.1

129.750.4

44, 37437, 229

5,380346

182

20,95320 475

419

1,576115

2,01344

60

9628240

1,025

100.6101.176 9

188 992.595 2

143.599.478 S79.270 7

120 762.255.293 4

79 171 994.687.290 1

120 3111.9116 676.2

2 08978. 3

25, 4955,100

19, 1001,295

03.7587.879.9

128 849.4

47, 67737, 044

7,207310

180

21, 57919 676

937

1,685105

1,80337

56

8325537

941

94,293.351 3

190 586.893 1

143.496.873 373.865 6

120 565.457.7

100.0

79.072 096.494.292 7

118 8111.7116.776.5

2 23679.5

16, 3781,012

15, 000366

03.8184.476.8

125.645.1

59, 02648, 177

8,906497

187

1,94445

58

10524340

1,046

• Revised. J Data for 1934 revised. See p. 56 of the May 1935 issue.* Naw saries. For earlier data sea p. 18 of the February 1933 issue, business indexes, and p. 20 of the October 1933 issue, commercial failures.t Revised aeries, Sao p. 55 of the April 1934 issue, construction, and mining, for 1933. Series on common-stock prices revised back to December 1932 as a result of

additional stocks being added; for revision see p. 56 of the April 1934 issue,# Nurnbar of commodities changed from 502 to 567 beginning with month of January 1934.£ Data revised from January 1932 through July 1933. Revision for 1932 see p. 55 of the November 1933 issue. For final revisions for 1933 see p. 56 of the October 1934

issue.NOTE.—The following applies to automobile production series on p. 55. Data for 1934 revised. Revisions for January United States, total, 155,666, passenger cars 112,754,

trucks, 42,912; February, United States, total, 239,256 passenger cars, 186,774, trucks 43,482; March, United States, total, 338,434, passenger cars, 279,274, trucks, 59,160.

O

INDEX TO MONTHLY BUSINESS STATISTICS

PageAbrasive paper and cloth 51Acceptances 30-31Accessories, automobile 55Advertising, magazine, newspaper, radio 25, 26Africa, United States trade with 34,35Agricultural products, cash income received

from marketings of 23Agricultural wages, loans 30Air-conditioning equipment 48Air mails 26Airplanes 36, 55Alcohol, denatured, ethyl, methanol 36,37Aluminum . 49Animal fats, greases 37,38Anthracite industry 22,29,43Apparel, wearing 29,53Argentina, United States trade with; ex-

change; flaxseed stock 32,35,38Asia, United States trade with 34,35Asphalt 44Automobiles 22,26,27,28,29,55Babbitt metal 49Barley 40Bathroom fixtures 47Beef and veal _ _ 41Beverages, fermented malt liquors and dis-

tilled spirits 39Bituminous coal 22,28,29,43Boiler and boiler fittings 47Bonds, prices, sales, value, yields 33,34Book publication _. 51Boxes, paper, shipping 51Brass 50Brazil, coffee; exchange, United States trade

with 32,35,42Brick 52Brokers' loans 31Bronze 50Building contracts awarded 24,25Building costs 25Building materials 24,45,46,47Business activity index (Annalist) 22Business failures 31Butter 39Canadian statistics 56Candy 42Canal traffic 36Capital issues 33Carloadings 22,35Cattle and calves 41Cellulose plastic products 38Cement 22,27,28,29,52Chain-store sales 26, 27Cheese 40Chile, exchange, United States trade with___ 32,35Cigars and cigarettes 43Civil-service employees 28Clay products 23,24,27,28,29,52Clothing 24,25,27,28,29,53Coal 22,28,29,43Cocoa. _ _ 42Coffee___I_IIII 23,42Coke 43Collections, department stores 26Commercial paper 30Communications 36Construction:

Contracts awarded, indexes_. 24Costs 25Highways 25Wage rates 30

Copper 49Copper wire cloth 50Copra and coconut oil 37Corn 40Cost-of-living index 23Cotton, raw and manufactures 23,53Cottonseed, cake and meal, oil 38Crops 23,38,40,53Dairy products 23,39,40Debits, bank 31Debt, United States Government 33Delaware, employment, pay rolls 28, 29,30Department-store sales and stocks 26,27Deposits, bank 31Disputes, labor 29Dividend payments 34Douglas fir 45,46Earnings, factory 29,30Eggs 23,42Electrical equipment 49Electric power, production, sales, re venues __ 22,39Electric railways 35Employment:

Cities and States 28Factory 27,28Nonmanufacturing . 28Miscellaneous 28

Emigration 36Enameled ware 47Engineering construction 24England, exchange; United States trade with_ 32,35Exchange rates, foreign 32Expenditures, United States Government 33Explosives 37Exports 34,35Factory employment, pay rolls 27,28,29,30Failures, commercial ... 31

PageFairchild retail price index 23Fares, street railways 35Farm employees 28Farm prices, index 23Federal Government, finance 33Federal-aid highways 25,28Federal Reserve banks, condition of_ 31Federal Reserve member bank statistics 31Fertilizers 37Fire-extinguishing equipment 55Fire losses 25Fish and fish oils 37,42Flaxseed 38Flooring, oak, maple, beech, and birch 45Flour, wheat 41Food products 22,23,27,29,39,40,41,42Footwear 45,52Foreclosures, real estate- 25Foreign trade, indexes, values 34,35Foundry equipment 48France, exchange; United States trade with_ 32,

34,35Freight cars (equipment) 27,55Freight carloadings, cars,, indexes 35Freight-car surplus 36Fruits 23,40Fuel equipment 48Fuels 43,44Furniture 46, 48Gas, customers, sales, revenues 39Gas and fuel oils 44Gasoline 44General Motors sales 55Glass and glassware 22,27,28,29,52Gloves and mittens 45Gold 32Goods in warehouses 26Grains 23,40,41Gypsum 53Hardwoods 45Heels, rubber 52Hides and skins 44,45Hogs 41,44Home Loan Bank, loans outstanding 25Hosiery 53Hotels 28,30,36Housing 23Illinois, employees, factory earnings 28, 29,30Imports 34,35Income-tax receipts 33Incorporations, business 26Industrial production, indexes 22Installment sales, New England 27Insurance, life 32Interest payments 34Interest rates 31Investments, Federal Reserve member banks- 31Iron, ore; crude; manufactures 22,46Italy, exchange; United States trade with 32,35Japan, exchange; United States trade with__ 32,34Kerosene 44Labor turnover, disputes 29Lamb and mutton 42,44Lard 41Lead _ 49Leather 22,23,24,25,27,28,29,44,45Leather, artificial 54Liberty bonds 33Linseed oil, cake, and meal 38Livestock 23,41,42,44Loans, agricultural, brokers', time, real es-

tate 30,31Locomotives 55Looms, woolen, activity 54Lubricating oil 44Lumber 22,23,24,27,28,29,45,46Lumber yards, sales, stocks 45Machine activity, cotton, silk, wool 53, 54Machine tools, orders 49Machinery 25,27,28,29,35,48,49Magazine advertising , 25Manufacturing indexes 22Marketings, agricultural 22, 23Maryland, employment, pay rolls 28,29Massachusetts, employment, pay rolls 28, 29Meats 41,42Metals 22,23,27,28,29,49,50Methanol. 37Mexico:

Petroleum production and exports 43Silver production 32United States trade with 35

Milk 40Minerals... . - 22,43,49Money in circulation 32National Industrial Recovery Act, highway

construction 25Naval stores 37Netherlands, exchange 32New Jersey, employment, pay rolls 28,29,30Newsprint 50New York, employment, pay rolls, canal

traffic 28,29,36New York Stock Exchange 31,33Notes in circulation 31Oats ._ 40Oceania, United States trade with 34,35Ohio, employment * 28Ohio River traffic - 36

PageOils and fats 37,38Oleomargarine 38Paints 38Paper and pulp 22, 23, 27,28, 29,50, 51Passenger-car sales index 26Passengers, street railways; Pullman 35,36Passports issued 36Pay rolls:

Factory 29Factory, by cities and States 29Nonmanufacturing industries 29,30

Pennsylvania, employment, pay rolls 28, 29Petroleum and products 22,27,28,29,43,44Pigiron 22,46,47Pork 41,42Postal business 26Postal savings 31Poultry 23,42Prices:

Cost of living, indexes 23Farm indexes 23Retail indexes __ 23Wholesale indexes 23,24World, foodstuffs and raw material 24

Printing 22Production, industrial 22Profits, corporation 32Public finance 33Public utilities 36Pullman Co 36Pumps 49Purchasing power of the dollar 24Radiators 50Radio, advertising 25Railroads; operations, equipment, financial

statistics 35,36,55Railways, street 35Rayon 54Real-estate market activity 25Reconstruction Finance Corporation, loans

outstanding 33Registrations, automobiles 55Rents (housing), index 23Retail trade:

Automobiles, new, passenger 26Chain stores:

5-and-10 (variety) 26Grocery 26

Department stores 26, 27Mail order „ 27

Rural general merchandise 27Roofing 39Rice 40Rubber, crude; scrap; clothing; footwear;

tires 22,23,24,27,28,29,51,52Rye 41Sanitary ware 47Savings deposits . 31Sheep and lambs. 42Shipbuilding 22,27,28,29,56Shoes 22,24,25,27,28,29,45Silk 23,54Silver 22,32Skins 44Softwoods 45,46Spain, exchange 32Spindle activity, cotton 53Steel, crude; manufactures 22,47,48Stockholders 34Stock indexes, domestic and world 23Stocks, department stores 27Stocks, issues, prices, sales, yields 34Stone, clay, and glass products 22,

23,27,28,29,52,53Sugar 23,42Sulphur 37Sulphuric acid 37Superphosphate 37Tea 23,42Telephones and telegraphs 36Terneplate 48Terracotta 53Textiles, miscellaneous products 54Timber 45Tin and terneplate 23,48Tires 22,24,27,28,29,51Tobacco 22,25,27,28,29,43Tools, machine 49Trade unions, employment 28Travel 36Trucks and tractors, industrial electric 56United Kingdom, exchange; United States

trade with 32,35Uruguay, exchange 32United States Steel Corporation 30,34, 48Utilities 28,29,34,35,39,55Vacuum cleaners 50Variety store sales index 26Vegetable oils 37,38Vegetables 23,40Wages 29,30Warehouses, space occupied 26Waterway traffic 36Wheat and wheat flour 23,41Wholesale prices 23Wisconsin, employment; pay rolls 28, 29Wood pulp _ 50Wool. _ 22,24,54Zinc 22.49

RETAIL CREDIT SURVEY, 1934Market Research Series No. 3

73 Pages, Paper Bound, Price 10 Cents

For the past four years the Bureau of Foreign and Domestic Commerce at the request of,and in cooperation with, the National Retail Credit Association, has published a semiannualstudy of retail credit conditions.

The present report, the first to be issued giving yearly figures, represents a continuation andexpansion of the previous surveys.

Whereas the former studies included only 6 lines of retail business and represented but 29cities, the present study includes 12 lines of retail business in 79 different cities. These 12lines are:

AUTOMOBILES COAL AND WOOD DEPARTMENT STORESFURNITURE FOODSTUFFS HARDWAREHEATING AND PLUMBING SHOES LUMBER AND BUILDINGMEN'S CLOTHING JEWELRY WOMEN'S CLOTHING

The present report reveals considerable improvement in retail credit conditions during1934. The report's four major sections are summarized below:

Kinds and Extent of Credit: The data on the kinds and extent of credit business have been brokendown by stores adhering to either a strictly cash and open credit policy, cash and installmentpolicy, or a combination of both. Such a breakdown permits a comparison of types of credit^thereby indicating trends that are unique for each group.

Returns and Allowances: Returns and allowances percentages (including repossessions on install-ment sales) for the year 1934 decreased slightly from those of the year 1933.

Collection Percentages: Collection percentages, computed by dividing the collections made duringa given month by the balance outstanding as of the first of the month, showed a marked increasefor the year 1934 in the open-account category (regular charge accounts), and an appreciableincrease in the installment-account group.

Bad-Debt Losses: The average bad-debt losses on open-credit accounts and installment-creditaccounts show marked decreases for the year 1934 when compared with 1933.

Copies of the above publication may be obtained from the Bureau of Foreign andDomestic Commerce, U. S. Department of Commerce, Washington, D. C.,

or any district office of the Bureau located in principal cities.

IT. S. GOVERNMENT PR

JUNE 1935 SURVEY - Bureau of Economic Analysis · 2011. 10. 20. · June 1935 SURVEY OF CURRENT...

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