U. S.-Balance of International Payments, 1932-40 Source: United States Bureau of Foreign and Domestic Commerce; figures show millions of dollars 1933 1934 1935 1936 1937 1938 1939 Items Commodity and Service Items. 1932 1940 Merchandise trade (as reported): Exports (credit).. Imports (debit). 1.612 1.675 2,133 2.283 2,456 3.349 3,094 3,177 4,021 1,450 1,655 2.047 2,423 3,084 1,960 2.318 2,625 The annual figures for certain items, notably currency movements, long-term and short-term capital movements, silver movements, and the interest and dividend items are not fully comparable owing to revisions in estimates, changes in methods of collecting data, etc. Stock of Money, Classified by Kind, at End of Each Fiscal Year The United States Treasury Department +184 +1,076) +392 +292 +1.266 +575 +866 +323 +1,269 +1,402 Subsidiary bullion Gold coin and bullion (June 30. 1938 and since), excludes gold net held in the Treasury. Commercial and Industrial Failures in the United States Number and Current Liabilities of Failed Concerns not Including Banks The 1939A figures are comparable with previous years; figures for 1939B are due to complete coverage of some branches of business which were not reporting all voluntary discontinuances with loss to creditors of all small concerns forced out by attachments, executions, foreclosures, etc. BANK SUSPENSIONS Source: Federal Reserve System The figures for bank suspensions represent banks which, during the periods shown, closed temporarily or permanently on account of financial difficulties; does not include banks whose deposit liabilities were assumed by other banks at the time of closing (in some instances with the aid of Federal Deposit Insurance Corporation loans). (1934) 57, $36,937,000: (1935) 34, $10,015,000: (1936) 44, ($11,306,000); (1937) 59 ($19,723,000); (1938) 55, ($13,012,000); (1939) 42, ($34,998,000); (1940) 22, ($5,943,000). Federal deposit insurance became operative January 1, 1934. Bank suspensions (with deposits) have numbered as follows: (1921) 505, $172,188,000; (1922) 367, $93,043,000; (1923) 646, $149,601,000: (1924) 775, $210,151,000, (1925) 618. $167,555.000; (1926) 976, $260,378,000; (1927) 669, $199,329.000; (1928) 499, $142,580,000; (1929) 659, $230,643,000; (1930) 1,352, $853.363,000; (1931) 2,294, $1,690,669,000; (1932) 1,456, $715,626,000; (1933) 628, $361,051,000; Figures for 1933 do not include 2,113 banks with deposits of $2.523,938,000 that were not licensed following the "banking holiday" since placed in liquidation or receivership. The holiday began on March 6 and closed March 15, 1933. Capital Issues, 1931-1940 Source: Domestic issues, Commercial and Financial Chronicle; foreign issues, U. S. Dept. of Commerce; figures show millions of dollars Domestic new capital and refunding issues by federal agencies include publicly offered issues of federal credit agencies, but excludes direct obligations of U. S. Treasury. Foreign issues include issues of noncontiguous U. S. Territories and Possessions. National Wealth of the United States Source: United States Bureau of the Census 807 35 2,089/2,061 1,236 28 All Banks-Principal Assets and Liabilities by States Source: The United States Treasury Department Bank Clearings in Chief United States Cities Source: Except as to Los Angeles, the Commercial and Financial Chronicle, N. Y. Yr. (Cal.) New York Chicago Phila. Baltimore Pittsb'rgh San Fran. Los Ang. Boston $1,000 Yr. (Cal.) Detroit Cleveland St. Louis Kan. City N. Orleans Minneap. Cincin.. Louisville $1,000 $1,000 $1,000 $1,000 1925. 8,430 797 5,996.668 1935.. 4,523,167 3,417,055 $1,000 $1,000 7,626,577 7,036.500 3.169,574 4,462,950 3,709,955 1.743.589 3,940.654 4,348,113 1,434,458 3,044,735 2.466,319 1,295,116 4,497,830 4,768,638 1,706,496 3,336,541 2,880,750 1,631,058 4,815,002 5,258,142 1,972,629 3,686,111 3,229,667 1,786,445 4,405,693 1,905,392 3,256,315 2,779,941 1,636,000 4,766,827 2,067,058 3,466,996 2,985,476 1.778,586 4,997,593 2,149.775 3,787,088 3.245,329 1,932,731 Total clearings in 191 cities (1938) $292.710,865.663: (1939) $304,323,157,503; (1940) $311,978,207,097. Operations of the Federal Reserve Banks Source: Board of Governors of The Federal Reserve System Total liabilities. (a) Less than $500,000. 5,672 6,115 7,041 8,442 11,026 12,525 12,880 15,581 19,027 23,262 RESERVE BANK CREDIT AND RELATED ITEMS Reserve Bank Credit Outstanding FEDERAL RESERVE BANK HOLDINGS OF BILLS DISCOUNTED Treasury Circulation Money in Bank Reserve Member Where there are no figures in 1934-1940 columns, the amount is less than $500,000. Total Income Payments, by States, 1930 to 1939 Source: U. S. Department of Commerce; per capita payments in dollars 1 Per capita income not computed for District of Columbia or for New Jersey. See text. National Income by Industrial Divisions Source: U. S. Department of Commerce; in millions of dollars 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 68,983 54,277 39,991 42,489 50,436 55,808 65,144 71.436 64,418 70,674 76,035 5,622 3,729 2,551 3,419 4,553 5,276 5,970 6,378 5,432 5,750 5,950 1,327 748 524 590 992 1,028 1,308 1,564 1,146 1.299 1,422 15.082 10.280 6,066 8,205 10,577 12,473 15,186 17.488 13,303 16,384 19,168 2,603 1,764 845 534 668 872 1,439 1,781 1,777 2,134 2,401 6,167 4,962 3.653 3,605 3,831 4,144 4,840 5,191 4,417 4,960 5,293 1,324 1.240 1,096 1,026 1,127 1,152 1,239 1,398 1,365 1.418 1,450 1.010 906 722 637 676 720 771 854 858 917 984 9,020 7,202 5,073 5.855 6,833 7,473 8,606 9,550 8,952 9,585 10,070 7,975 6,465 4,909 4.429 4,729 5.215 5.936 6 388 5.888 6.051 6.195 6,458 6,534 6.496 6,579 7,595 7,922 9,228 9.045 9.795 9,934 10.221 8,925 7,480 5,659 5,418 6.250 6.838 7.707 8.573 8.342 8.839 9,285 3,470 2,967 2,397 2,192 2,515 2,695 2,915 3,226 3,143 3,403 3,596 Securities Issued to the Public, 1920-1940 Source: Commercial and Financial Chronicle; figures show millions of dollars Other Issues. Including Refunding Totals in last column include issues by U. S. Possessions-(1920) 16.3; (1930) 10.3; (1931) 1.7; (1932) 1.3; (1933) 1.5; (1935) 11.7; (1936) 3.3; (1937) 5.4; (1938) 7.9; (1939) 2.0; (1940) 5.3. |