TEXAS BUSINESS REVIEW Bureau of Business Research The University of Texas Vol. XII, No. 6 July 28, 1938 A Monthly Summary of Business and Economic Conditions in Texas and the Southwest Bureau of Business Research, The University of Texas, Austin, Texas Entered •• aecond cl•• m•ttor oo May 7, 1928. at the poat of&.oe at Au1tin, TexH, under Act ef Aa.ru1t 2,, 1912 STATISTICAL NUMBER CONTENTS LIST OF CHARTS PAGE Indexes of Business ActivitY---------------------------------------------------------------------------2 LIST OF TABLES Banking Statistics ----------------------------------------------------------------------------------Insert Page Building Permits --------------------··-----------------------------------------------------------------------------7 Carload Movement of Poultry and Eggs_______ __ _____________________________________ Insert Page Cement --------------------------------------------··----------------------------------------------------------------------3 Charters ------------------------------------------------------------------------------------------------------------------5 Commercial Failures --·-------------------------------------------------------------------------------------------5 Commodity Prices ------------------------------------------------------------------------------------------------3 Consumption of Electric Power_____________________________ __ __ ___________________________ __ ___________ 7 Cotton Balance Sheet.--------------------------------------------------------------------------------------------7 Credit Ratios of Retail Stores.______________________________________________________________ __ _____________ 6 Employment and Pay Rolls in Texas__________________________ __ _____________________________ __ _ __ __ 8 Index of Agricultural Cash Income____________ __________ _ ___________ ___________________ Jnsert Page Lumber --------------------------------------------------------------------------------------------------------------------5 Petroleum ______ __________________ __ -----_____ --------------------------------------------------------------------------3 Postal Receipts -----------------------------------------------------------------------------------------------------6 Retail Sales of Independent Stores___________________________________________ ___________________________ 4, 5 Shipments of Live Stock Converted to a Rail-Car Basis____________ _ ____________________ 3 Stock Prices -----------------------------------------------------------------------------------------------------------3 TEN CENTS PER COPY ONE DOLLAR PER YE.AR PETROLEUM COMMODITY PRICES Daily Average Production June June May 1938 1937 1938 (In Barrels) WHOLESALE PRICES: June June May U.S. Bureau of Labor 1938 1937 1938 Statistics (1926 = 100) ______ 78.3 87.2 78.1 Coastal TexasU-------------188,040 197,600 196,000 The Annalist (1926 = 100) ____ 80.4 93.2 80.5East Central Texas_________ 91,190 121,900 99,300 East Texas __________________ 363,780 FARM PRICES: 465,250 398,200 North Texas_______________ 71,110 72,400 74,950 U.S. Department of Agricul­ture (1910-14 =100) ______ 92.0 124.0 92.0 Panhandle --------------62,310 82,400 66,650 Southwest Texas________________ 205,220 2.32,950 218,900 U. S. Bureau of Labor West Central Texas____________ 28,040 33,300 28,200 Statistics (1926 = 100) ______ 68.7 88.5 67.5West Texas ________________ 180,330 197,500 189,200 PRICES: RETAIL STATE _____________________l,190,020 1,403,300 1,270,400 Food (U.S. Bureau of Labor UNITED STATES____________3,103,840 3,520,550 3,254,750 Statistics, 192~25 = 100) --80.2• 86.3 79.l Imports ---------------------135,886 185,286 139,821 Department Stores (Fairchild's Publications, Jan. 1931 = 100) ____ 89.2 96.0 89.5 ~Includes Conroe. Non~: From American Petroleum Institute. See accompanyin1 map 1howine the oil producln1 di1tricta of Texu. •Preliminary. Gasoline sales as indicated by truces collected by the State STOCK PRICES Comptroller were : May, 1938, 105,421,000 gallons; May, 1937, June June May 103,736,000 gallons; April, 1938, 97,708,000 gallons. 1938 1937 1938 Standard Indexes of the Securities 1\1.arkets: 419 Stocks Combined_______ 73.1 113.6 73.9 347 Industrials _ 86.4 134.0 87.4 32 Rails --------------20.5 53.9 21.8 40 Utilities 69.2 91.3 69.5 NoTi:: From Standarda Statiatic1 Co., Inc. CEMENT (In Thousands of Barrels) June June May Finl Half 1938 1937 1938 1938 1937 Texas Plants Production ---611 610 717 3,.521 3,368Shipments 664 608 612 3,564 3,411 Stocks -------905• 689 958 United States Production ____10,535 11,163 10,361 43,208 54,025Shipments ____10,932 12,649 9,752 45,586 52,524Stocks _________22,478• 24,011 22,875t Capacity Operated--49.8% 52.8% 47.4% •Preliminary. tRevieed. NoTE: From U. S. Department of Interior, Bureau of Minea. JUNE SHIPMENTS OF LIVE STOCK CONVERTED TO A RAilrCAR BASIS§ Cattle Calves Hoga Sheep Total 1938 1937 1938 1937 1938 1937 1938 1937 1938 1937 Total Interstate Plus Fort WorthU 4,609 5,792 811 759 490 412 1,563 1,221 7,473 8,184Tetal Intrastate Omitting Fort Wort 685 978 112 127 42 31 76 157 915 1,293 TOTAL SHIPMENTS 5,294 6,770 923 886 532 443 1,639 1,378 8,388 9,477 TEXAS CAR-LOT§ SHIPMENTS OF LIVE STOCK, JANUARY 1 TO JULY 1 Cattle Cahee Hoga Sheep Total 1938 1937 1938 1937 1P38 1937 1938 1937 1938 1937 Total Interstate Plus Fort WorthU 26,942 32,307 4,299 4,072 3,589 4,305 5,815 6,142 40,645 46,826 Total Intrastate Omitting Fort Worth___ 4,438 4,475 850 830 325 311 279 404 5,892 6,020 TOTAL SHIPMENTS__ 31,380 36,782 5,149 4,902 3,914 4,616 6,094 6,546 46,537 52,846 §Rail-car Duis: Cattle, 30 head per car; calY'el, 60; hogs, 80; and eheep, 250. Fort Worth shipments are combined with intentate forwardinge in order that the hulk of mark.et disappearance for the month may be shown. Non: The1e data are furniehcd tho United States Bureau of Agricultural Economics by railway officials throue:b more than 1,500 station agents, representins: every livo1tock 1bippio1 point in the State. The data are compiled by the Bureau of BuaineH Research. June 1938 Year-to-date 1938 Number Percenta1e Chan10 Number Percea1q1 of in Dollar Salea of Chanro la Finne from from Finne Dollar Sil• Re· June May Re· from YNr•to• •ortlnr Dollar Salee 1937 1938 portins Dollar Saleo date 19S7 14,772,958 -11.6 7.9 975 75,556,066 -7.2 TOTAL TEXAS.----------------------1,293 TEXAS STORES GROUPED BY PRODUCING AREAS: 80 597,868 -2.5.5 + 0.7 55 2,507,136 -15.5 DISTRICT 1-N--------·­ Amarillo____________ 16 169,083 -22.1 -12.9 12 829,883 -6.6 17 196,786 -2.7.l +12.8 9 712Jl36 -28.2 Pampa ---------·­ 12 67,549 -37.7 -7.2 10 422,193 -10.5 Pl!Unview ---·-----­ All Others ________________ 35 164,450 -20.5 + 8.2 24 542,224 -11.6 DISTRICT 1-S________________________ 27 366,080 -12.0 -10.7 18 2,224,600 -0.6 Big Spring __________________ 10 47,452 -13.3 -13.3 6 12.5,742 + 0.1 Lubbock...------------------11 + 1.3 286,179 -10.7 -10.4 10 1,984,636 All Others _______________________ 6 32,449 -20.4 -10.1 2 114,222 -24.7 DISTRICT 2----------------------­ 112 677,296 -10.0 8.2 85 3,384,357 + 2.0 Abilene ____________________ . 16 166,921 -17.3 8.4 13 858,561 + 0.6 Childress ..--------···-··-····--·-·········-··········-3 15,515 + 9.1 -6.8 • Snyder--------------·-------------· 5 29,213 5.2 -4.2 4 130,644 + 2.4 Vernon___________________ 6 24,171 0.2 -1.7 5 129,538 -0.8 Wichita Falls __________________ 15 181,585 9.0 -14.1 7 799,960 + 7.6 All Others.·---------------------------------67 259,891 7.9 4.7 56 1,46.5,634 -0.1 DISTRICT 3 ..------------------------44 304,329 8.3 -7.3 24 752,426 -5.0 Brownwood..___________________ 7 41,460 +12.6 + 8.2 4 166,831 + 3.4 Eastland.__ __________ -­7 15,725 7.7 9.8 4 60,339 + 0.9 Stephenville _________________________ 7 33,604 -25.9 -19.3 3 139,070 -5.4 - All Others.·--------··---··-·---·-·--·-23 2.13,540 8.3 -7.6 13 386,186 -8.9 DISTRICT 4 __________________ 315 4,429,153 -12.0 -10.6 250 23,495,073 -9.1 Cleburne _______________________ 10 41,541 + 0.1 + 0.7 9 208,665 -6.1 Commerce.·--···----·-------·-··-····-···---5 10,517 + 0.6 -1.7 3 45,138 + 5.9 Corsicana.__ _____________________ 10 58,557 -5.6 -10.6 10 379,833 -7.1 Dallas.·---····-··-··-·--·-·---------55 2,023,216 -8.4 -12.8 47 10,677,512 -7.7 Denison________________ 9 34,859 -11.8 -3.4 8 199,601 -7.7 Ennis------------··-··------·-·-6 20,455 -32.5 -32.2 5 132,073 -12.6 Fort Worth_ _______________________ 57 1,281,158 -15.8 -9.4 40 7,244,775 -8.5 Gainesville..________________________ 5 20,848 -14.4 -18.3 3 101,047 -1.4 Sherman_ ________________ ____ 9 48,429 -7.6 -15.2 7 2.54,504 -4.1 Taylor.. ---------8 65,476 -5.6 +13.8 6 229,881 -8.7 Temple...______________ _ _ 12 61,658 -13.7 -2.0 10 328,150 -8.7 Waco.._______ ________ 33 332,449 -10.9 -9.4 23 1,485,835 -8.9 All Others._ -·----96 i1<29,990 -18.5 -7.4 79 2,208,059_ -18.2 DISTRICT 5 ____________ 124 894,464 -12.2 -10.4 100 4,914,450 -10.7 Bryan._____________________ 9 56,778 + 7.9 -2.3 9 317,728 -2.4 Henderson..·-···-···---····------··-··--·····--- 5 54,019 -28.3 -14.8 5 372,783 -19.6 Longview _______________________ 11 69,779 -14.1 -22.2 8 351,248 -0.8 Marshall._________________ 13 62,176 -6.4 -10.4 9 281,558 -7.4 Tyler ___________________________ 19 235,107 -13.3 9.6 16 1,425,348 -11.3 All Others _____________________ 67 416,605 -11.8 8.9 53 2,165,785 -11.5 DISTRICT 6---····----···--·---------45 974,927 -16.3 -8.7 42 6,035,700 -11.8 El Paso.·----·-·---·-··--·------30 863,150 -14.7 -9.2 29 5,422,835 -10.2 All Others ... _________________ 15 111,777 -26.7 -5.2 13 612,865 -23.8 DISTRICT 7 ______________________ 63 350,224 -13.5 -10.6 46 1,775,218 -10.2 Brady.______________________________ 9 34,734 -32.9 -9.7 6 181,039 -23.5 San Angelo ___________________ 14 147,743 -10.2 -7.9 13 869,46.5 -5.7 All Others ___________________________ 40 167,747 -11.2 -13.0 27 724,714 -11.5 DISTRICT 8 _____________________ 232 2,698,430 -8.9 5.6 167 13,745,721 -6.7 Austin.____________________ 25 458,204 + 6.2 -8.8 23 2,542,038 -0.8 Corpus ChristL __________________ 10 70,679 -20.2 -6.0 6 345,689 -9.7 Cuero ___________________ - 9 33,444 + 1.0 1.0 8 163,367 + 2.7 Lock.hart ..__________________ 9 57,819 -8.3 + 40.7 6 238,470 -15.7 San Antonio ____________ 86 1,535,272 -9.5 -7.6 55 7,920,364 -7.2 San Marcos-----------------------=~ 6 31,846 -19.0 -2.4 6 207,547 -11.8 Yoakum.______________________ 6 32,635 -33.8 + 21.9 4 131,431 -5.1 All Others .._______________________ 81 478,531 -14.7 -1.6 59 2,196,815 -9.8 DISTRICT 9--------------------174 3,062,171 -6.6 -5.4 129 14,410,372 -1.0 Bay City ________________________ 5 37,468 -31.9 -16.8 3 160,086 -13.6 BeaumonL______________ __ 22 304,635 -13.5 -8.9 17 1,472,312 -1.6 Galveston.._________________ 18 323,088 -6.3 + 2.7 12 932,191 -9.5 Houston __________________ 66 1,895,715 -4.8 -5.7 51 9,712,786 -0.3 Port Arthur. ______________________ 18 228,808 -11.2 -10.5 14 856,059 -2.3 Victoria ____ 7 34,227 -1.8 -8.8 6 211,2.50 + 11.l All Others··-------38 238,230 -1.8 -0.7 26 1,065,688 + 2.5 DISTRICT 10 ______________ 77 418,016 -22.9 -10.z 59 2,311,013 -11.6 Brownsville___________ ­13 78,011 -20.3 + 3.1 11 416,645 -8.7 Harlingen _________ 11 72,137 -37.5 -16.7 11 528,880 -21.7 Laredo 6 74,583 -27.4 -19.5 5 521,800 -14.0 Weslaco 6 36,539 -0.2 -17.1 3 22,547 +28.7 All Others 41 ----------156,746 -11.2 -5.8 29 821,141 -4.3 •Not IVailablt-. ee map on paee 13, June 29, 1938 is.me, 1howin1 crop reportinc diatricti Non : Prepared from report• from Independent retail ltOHI to tlMI a..; .... of B111Laeo1 B-roh, oolporal!as with th• t1Dlte4 Ital• Departm•I of ~ JUNE RETAIL SALES OF INDEPENDENT STORES IN TEXAS June, 1938 Year 193R Number Percentage Chane:e Number Percentage of i:l Dollar Salee ot Change in Firm• from from Firm1 Dollar Salee Re· June May Re· from portine: Dollar Saleo 1937 1938 porting Dollar Salce Year 1937 TEXAS ·--·----------·---··--1,293 $14,772,958 -11.6 -7.9 975 $75,556,066 7.2 STORES GROUPED BY LINE OF GOODS CARRIED: APPAREL_____ ---------· 148 1,952,970 2.4 -16.6 123 11,924,922 + 1.4 Family Clothing StGres__________________ 38 252,757 5.9 -8.3 28 1,097,882 3.6 Men's and Boys' Clothing Stores______________ 54 828,439 2.4 -13.7 44 4,571,434 + 2.0 Shoe Stores___________________________ 21 125,150 + 4.4 -10.6 20 805,003 + 0.5 Women's Specialty Shops______________________ 35 746,624 2.3 -22.8 31 5,450,603 + 2.1 AUTOMOTIVE_____ ------------------144 3,038,734 -27.5 -5.6 111 17,258,686 -18.4 Filling Stations---·----------------------·---·--43 151,138 + 7.1 + 11.0 29 595,036 + 4.7 Motor Vehicle Dealers------·---------·--------····---------101 2,887,596 -28.7 -6.3 82 16,663,650 -19.l COUNTRY GENERAL AND FARMERS' SUPPLIES..• 111 717,828 -12.0 -6.0 97 3,171,942 -12.7 DEPARTMENT STORES________________________ 73 4,319',883 -4.0 -11.3 63 24,140,234 0.0 DRY GOODS AND GENERAL MERCHANDISE..______ 18 67,483 -22.8 9.0 3 37,621 + 1.4 Dry Goods.---------------·-----·-·-------··-·--·----10 50,093 -8.0 9.7 • General Merchandise_________________________________________ 3 5,989 + 2.4 8.6 • Variety Stores____·-------·---------·--------·-----·-··-· 5 11,401 -58.0 6.5 3 37,621 + 1.4 DRUG STORES_____________________________ 162 503,706 1.7 5.9 13,1 2,452,508 + 0.2 FLORISTS_ _______________________________________ 35 35,815 + 1.1 -25.7 21 181,680 + 1.9 FOOD______________________________________ 180 1,070,542 6.8 1.2 144 5,027,385 5.3 Grocery Stores..·-------------------·----------··-52 208,141 7.3 1.2 46 1,189,624 6.8 Grocery and Meat Stores_________________________________ 128 862,401 6.6 1.2 98 3,837,761 4.8 FURNITURE AND HOUSEHOLD__________________ 62 789,133 -14.0 + 0.6 44 3,597,799 -11.8 Furniture Stores___________________________ 51 667,917 -12.2 + 0.2 34 3,063,970 -9.7 Household Appliance Stores·--------·----------~ 7 100,201 -15.9 + 9.4 6 367,642 -25.2 Other Home Furnishings Stores__________________ 4 21,015 -44.3 -19.6 4 166,187 -15.l JEWELRY_________________________________________ 52 207,364 -12.5 -24.9 41 750,564 -2.2 LUMBER, BUILDING, AND HARDWARE.________ __ 273 1,953,253, -8.9 + 1.2 172 6,492,669 -11.7 Farm Implement Dealers 12 -30.7 84,343 + 24.l 9 346,799 -22.1 Hardware Stores·--·-----------------------74 373,223 -13.4 -5.8 52 1,547,402 -7.5 Lumber and Building Material Dealers__________ 183 1,449,447 -4.6 + 1.7 108 4,358,571 -12.2Heating and Plumbing Shops_______________________ 4 46,240 -34.6 + 12.7 3 239,897 -10.1 RESTAURANTS_____ ------------25 86,687 3.6 2.1 18 413,855 -2.0 ALL OTHER STORES__________________________ 10 29,560 + 5.3 + 3.6 7 106,201 + 11.9 TEXAS STORES GROUPED ACCORDING TO POPU­LATION OF CITY: All Stores in Cities of-OVER 100,000 POPULATION_____________ 294 7,598,511 -9.9 9.1 222 40,978,272 -6.5 50,000-100,000 POPULATION----------------116 1,647,184 -6.4 7.1 89 7,288,435 -4.1 2,500-50,000 POPULATION________________ 552 4,004,878 -16.5 7.6 415 20,633,406 -8.5 LESS THAN 2,500 POPULATION____________ 331 1,522,385 -11.4 3.6 249 6,655,953 -10.4 •Not available. NoTI: Prepared from reports from independent retail 1tore1 to the Bureau or BusineH Re1earch, cooperating with the United States Department of Commerce. TEXAS CHARTERS ( TEXAS COMMERCIAL FAILURES {~~; {~~; ~~~ 19f~nt Halj937 l 1938 June June May First Half 1937 1930 1938 1937 Domestic Corporations-Number -·---·--·------· 12 17 12• 99 77 Capltalizationll -----···------$5,947 $1,573 $1,785 $15,793 $12,826 Liabilities!! ----·-------·$94 $89 $241* $1,182 $796 Number ---·----·---------128 99* 122 813 811 Assetsll ----------------$48 $44 $115 $ 611 $346 Classification of new Average Liabilities per corporations: Failurell ---·----$ 8 $ 5 s 20 $ 12 $ 10 Banking-Finance ---·---·--3 2 5 22 34 •Revised. Manufacturing 25 17 21 159 133 -------Uln thou1and11. Merchandising --------28 28 26 208 201 Non:: From Dun and Bradstreet, Inc. Oil -------------29 20 31 188 177 Service._______ Public 3 1 4 9 LUMBER Real Estate-Building,.____ 15 9 9 62 66 (In Board Feet)Transportation ------2 2 6 21 24 June June _________ May All Others. 23 20 24 149 167 1938 1937 1938 Number capitalized at less Southern Pine Mills: $5,000.___________ than 39 81 44 284 291 Average Weekly Production Number capitalized at $100,- uniL__________.279,777 per 325,506 273,869000 or more ----------5 2 3 27 25 Average Weekly Shipments Foreign Corporations per uniL_____________.251,900 287,149 258,981(Number) -------------24 so 18* 156 211 Average Unfilled Orders per •Revised. Unit, End of Month__.__526,434 603,955 464,252 Il la thouaa nd1. Non: Compiled from records of the Secretary of State. Non: From Southern Pine Auoclatien. JUNE CREDIT RATIOS IN TEXAS RETAIL STORES (Expressed in Per Cent) Ratio of Ratio of Ratio of Number of Credit Sales Collections to Credit Salarlea Stores to Net Sale1 Outstanding• to Credit Salee Reporting 1938 1937 1938 1937 1938 1937 74 64.9 63.7 37.7 39.6 1.5 1.4 All Stores Stores Grouped by Cities: 4 56.4 56.0 29.7 32.6 2.4 2.4 Abilene 3 59.6 50.3 39.2 41.9 2.4 2.4 Amarillo 6 57.4 54.9 44.8 44.7 1.1 1.3 Austin 3 63.4 63.3 38.9 41.4 1.7 1.7 Beaumon 11 70.7 68.7 37.8 40.4 1.3 1.3 Dallas 8 64.3 62.2 35.8 36.3 1.3 1.3 Fort Worth 9 63.2 63.7 40.7 42.3 1.9 1.6 Housto 5 66.2 66.6 42.0 42.7 1.1 0.8 San Antonio 4 62.4 59.9 26.9 29.1 1.5 1.6 Waco All Others _____ 21 57.1 56.2 35.9 39.1 1.8 1.7 Stores Grouped According to Type of Store: Department Stores (Annual Volume Over $500,000) _______ 21 64.2 63.0 39.4 40.5 1.4 1.3 Department Stores (Annual Volume Under $500,000) _______ 13 592 58.2 33.9 37.4 2.2 2.2 Dry Goods-Apparel Stores____________ -6 60.9 56.2 36.4 36.3 2.0 Z.4 Women's Specialty Shops 13 71.2 68.9 32.0 36.9 1.3 1.3 Men's Clothing Stores 21 65.8 65.9 38.8 39.4 1.9 1.7 Stores Grouped According to Volume of Net Sales During 1937: 11 67.3 65.7 41.4 43.7 1.1 1.1 Over $2,500,000 $2,500,000 down to $1,000,000-­ 9 62.8 60.6 35.7 36.6 1.5 1.4 Sl,000,000 down to $500,000 10 59.6 55.4 40.4 41.0 1.6 1.5 $500,000 down to $100,000 33 59.4 55.8 37.2 37.9 2.5 2.0 Less than $100,000 11 55.5 52.l 34.2 39.2 3.3 3.1 Non: The ratio1 ihown for each year, in the order in which they appear from left to right, are obtained by the following compu tations: (l) Credit u.le. divided by net ulce. (2) Collections durin& the month divided by the total accounts unpaid on the first of the month. (3) Salariea of the credit departi ment divided by credit .ales. The data are reported to the Bureau of Bu1ine11 Research by Texas retail 1torea. POSTAL RECEIPTS June June May First Half 1938 1937 1938 1938 1937 Abilene1______ -­ s 17,892 $ 16,4-22 $ 17,556 s 107,092 $ 98,178 AmarilloAustin________ 31,096 65,714 27,743 51,733 28,082 68,847 184,823 382,051 167,875 334,014 BeaumonL--------~---­ 25,067 21,397 24,472 151,862 137,686 Big Spring__Brownsvill.,____ 5,923 5,044 5,251 4,580 5,317 5,948 36,175 35,972 31,332 35,697 Brownwoo~-----­ 5,638 5,468 5,665 35,092 33,316 Corpus Christi ----------------Corsicana_________________ Dallas,_________ Del Rio ___ Denison___________ Denton__________ 23,035 4,881 346,648 2,913 4,535 6,380 20,820 4,844 347;277 3,364 3,970 6,007 23,492 4,760 341,240 2,078 4,495 6,150 140,839 30,586 2,056,449 22,359 28,246 39,778 121,689 30,848 2,106,337 26,847 26,600 37,616 El Paso 39,598 43,663 43,847 247,576 257,619 Fort Wort~h~--­ 139,715 135,063 124,939 803,068 829,616 Galvesto..~----Gladewater_____ 28,618 2,930 27,414 2,740 28,019 2,696 164,832 17,650 155,772 17,323 Graha.~------------·------·--­ 2,497 2,030 1,985 13,384 12,539 Harling,u~------------·--·---­Houston._____ Jacksonville Longview 5,081 230,778 3,589 10,024 5,651 213,124 3,724 8,333 5,193 222,156 4,991 9,960 33,717 1,362,670 21,784 61,339 31,122 1,298,684 22,296 55,763 Lubboc ---------·----­ 16,181 13,855 15,665 97,547 80,666 McAllen_______________ _ 3,434 3,464 4,277 26,811 23,608 Marshall________ ·-------6,171 5,448 5,657 34,542 32,320 Palestine. __________ 4,668 4,732 4,253 30,848 31,286 Pamp·~---6,053 6,213 6,478 39,067 38,282 Paris,___ 5,727 5,520 5,066 34,400 33,962Plainview________________ 3,636 3,737 3,824 23,751 22,417Port Arthur 12,107 11,403 12,758 75,766 68,701 SanAngclo_________ 11,043 10,201 11;261 66,953 63,453San Antonio ______________ 117,324 110,879 116,877 709,063 678,771 Sherma~---6,762 6,811 7,426 42,411 41,913 Sweetwater_____ 4,342 4,658 4,768 28,584 28,289Tyler 15,929 13,724 14,210 95,541 93,581 Waco.________ 31,956 31,550 31,872 193,701 185,676 Wichita Falls•-------~-·-----24,044 21,777 23,805 144,249 122,840 TOTA.~---------_____ $ 1;276,973 $ 1,214,590 s 1,250,085 $ 7,620,578 $ 7,414,534 Non: Compiled from reports from Texas chambers of commerce to the Bureau of Business Research. TEXAS BUSINESS REVIEW CO SUMPION OF ELECTRIC POWER IN TEXAS Power Consumed (In Thousands of K.W.H.) Percentage Change June 1938 June 1938 First Half 1938 June June May Finl Half from from from 1938 1937 1938 1938 1937 June 1937 May 1938 First Half 1937 Commercial __ 51,058 44,801 44,687 263,052 232,981 +14.0 +14.3 +12.9 Industrial ___ 103,603 110,379 100,190 590,390 575,629 -6.1 + 3.4 + 2.6 Residential _ _ 34,425 30,423 32,570 195,614 172,366 + 13.2 + 5.7 +13.5 All Other..__ _ _ 21,2n 26,850 26,967 153,649 149,70'1< + 1.4 + 0.9 + 2.6 TOTAL _____ 216,299 212,4..54 204,414 1,202,705 1,130,680 + 1.8 + 5.8 + 6.4 Non: Prepared from reports Crom 17 electric power companies to the Bureau of Business Research. COTTON BALANCE SHEET IN THE UNITED STATES AS OF JULY 1 (In Thousands of Running Bales Except as Noted) Carryover lmporte Final Consumption Exports Balance Aug. I to July I• Ginnings Total to July 1 to July 1 Total to July 1 1928-1929_____ _ _______ _____ 2,536 4.36 14,297 17,269 6,544 7,806 14,350 2,9191929-1930__ ________ ___________________ 2,313 374 14,548 17,235 5,727 6,514 12,241 4,9941930-1931_________________________________ 4,530 98 13,756 18,384 4,812 6,501 11,313 7,0711931-1932 ____________ __________ 6,369 123 16,595 23,087 4,587 8.258 12,845 10,242 1932-1933 ----------------------------9,682 118 12,710 22,510 5,537 7,727 13,264 9,246 1933-1934_______________________ _______________ 8,176 137 12,664 20,977 5,340 7,229 12,569 8,408 1934-1935 ·----------------------------~ 7,74.f, 100 9,472 17,318 4,970 4,519 9,4~9 7,829 1935-1936 ---------------------------7,138 135 10,417 17,690 5,744 5,806 11,550 6,140 1936-1937 ---------------------------------5,397 234 12,130 17,761 7,362 5,316 12,678 5,083 1937-1938 ---------------------------4.,498 134 18,242 22,874 5,307 5,403 10,710 12,164 The cotton year begins August 1. •In 500-pound bales. NOTE: The figures hove been revised in accordance with the revisions made by the United States Bureau of the Census. BUILDING PERMITS June June May First Half 1938 1937 1938 1938 1937 Abilene____________ $ 28,630 $ 29,477 $ 63,648 s 522,699 s 233,097Amarillo _____ _ ________ ______ 151,941 102,620 118,083 738,538 455,535 Austin___________________________________ 390,278 379,188 372,357 2,817,824 2,131,541 Beaumont ----------------------------------108,939 116,584 91,318 686,444 619,44.3 Big Spring -----------------------­31,360 6,558 50,695 181,975 81,716 Brownsville--------------------------------­21,637' 11,910 5,430• t 103,376:j: Brownwood.---------------------·------3,670 2,818 2,918 17,738 18,158 Corpus Christi.._____ ____________ _ _ 261,743* 407,990 183,670 1,64.3,407 1,847,844 Corsicana______ _ _ ________________ _ 31,655. 1,845 20,459 107,665 69,601 Dallas___ __ __ ------------------958,113 908,468 1,134,065 6,053,509 6,532,699 Del Rio_______ _ ________________ ____ 10,700 7,875 21,025 71,550 62,733 Denison.____ _____ _ ____ _______ 29,917 7,607 13,830 98,716 4.3,750 Denttin_ _____________________________----------------20,255 20,750 36,075 84,220 47,935 El PasO----------------------------" 184,556 177,087 109,127 728,813 721,279 Fort Worth_____________________~--------------~ 620,652 788,601 346,89'4 3,183,661 4,786,191 Galveston __ ·-------------------­86,063 62,956 93,664 1,325,299 565,887 Gladewater __ -·------------·------------------6,700 2,900 4,389 t t Graham___ ----------------------22,790 16,375 10,367 89,077 110,630 Harlingen ------------------------­32,500 23,152 23,808 99,338 163,390 Houston.. ·----------------------------3,544,245 1,502,900 1,777,745 13,788,265 11,146,099 Jacksonville..__________________ _____ 1,687 3,500 21,250 36,502 92,523 Laredo --------------------------------------·-------2,550 15,350 5,850 28,525 62,125 Lubbock _______________________________ 256,196 144,143 232,582 1,248,898 651,949 McAllen___________ -------­15,120 23,230 32,990 128,360 156,530 Marshall __ ___ ------------------------------­22,188 26,898 45,959 t 177,468t New Braunfels -----------------------------------9,900· 6,325 15,080 66,365 t Palestine__________________________________ 9,822 17,023 17,902 171,678 104,544 Pampa----------·--------------------­20,000 18,430 15,500 113,325 146,270 Paris ---------------------------------3,020• 12,810 6,345 58,173 41,295 Plainview ___ --------------------------------------8,250 2,970 5,860 30,030 34,789 Port Arthur______________ -----------80,614 69,039 87,120 856,185 559,326San Angelo____________ ----46,485 63.257 48,076. 198,783 177,456 San Antonio________________ ______ 989,331 406,002 505,780 2,539,695 2,496,217 Sherman---------------------------------~ 17,050 148,637 59,775 168,794 223,745 Snyder ___ -------------------------·---8,600 1,100• 10,275 28,450 Sweetwater -------------------7,605 4,174 35,380 99,931 98,742 Tyler ____ _ __ --------------------------58,735 63,430 97,673 744,770 691,568 Waco ____ .. -------------------70,107 138,800 92,823 511,702 596,776 Wichita Falls ------------­78,940. 31,005 %,904 364,430 170,046 TOTAL $ 8,243,944 5,781,314 $ 5,903,516 $39,548,794 $35,969,879 Non:: Compil~d from report" from Texas chambers of commerce to the Bureau of Businell!I Research. *Does not include public works. t~ot avai1ab1e. tNot included in total. T AND PAY ROLLS IN TEXAS, CLASSIFIED BY INDUSTRIES AND SELECTED CITIES, JUNE, 1938 EMPLOYME Pay Rolls for One Week Ending Nearest Fifteenth of Month Number Number of Percentage Amount of Percentage Average Weekly W111 of Eotab-Employee• Change from Pay Roll Chan1e from per Employee• Induotry lishmcnte Re· Juno May June June May June June May Juno porting 1938 1938 1937 1938 1938 1937 1938 1938 1937 All Manufacturing Industries___ 679 49,668 + 0.6 -11.5 Sl,257,910 2.9 8.4 $25.33 $26.24 $24.26 Food Products Bakery Goods_______________________ 36 892 + 0.5 -8.4 17,643 + 1.5 1.8 19.78 19.57 19.82 Bevera ges, Carbonated_____________________ 31 585 + 5.0 + 13.6 12,646 + 7.5 + 9.6 21.62 21.12 20.72 Confectionery_________________ 3 108 -10.7 + 4.0 1,774 -15.0 + 5.2 16.43 17.24 13.97 Flour Milling __ -----------------8 519 -1.0 6.2 12,407 3.1 4.8 23.91 24.43 23.33 Jee, Manufactured..·--------------65 944 + 27.6 -14.7 16,075 + 14.3 9.1 17.03 19.01 16.09 Jee Cr am 6 264 + 4.3 -26.9 5,329 -1.1 -24.3 20.19 21.29 19.08 ----·------------------------­ Meat Packing ·--------------------12 3,601 + 12.5 -12.1 94,909 + 11.8 -11.4 26.36 26.53 26.63 Textiles Cotton Textile Mills -------------10 2,728 + 1.0 + 0.1 33,006 8.4 -5.1 12.10 13.34 12.80 Men's Work Clothing._____________ 15 1,157 5.7 -30.7 11,525 2.5 -38.2 9.96 9.64 10.39 Forest Products Furniture ·------·-------------------­ 11 622 3.7 -16.5 10,673 6.5 -22.2 17.16 17.67 18.08 Lumber: Planing Mills__________ _ _ Lumber: aw Mills__________ ______ 18 12 574 1,616 5.0 -12.4 1.7 -17.2 11,581 23,844 4.5 -17.9 7.2 -25.2 20.18 14.75 20.07 15.62 22.35 16.38 Paper Products ---------------­ 12 531 + 3.7 + 3.4 11,339 + 7.7 + 11.5 21.35 20.56 19.42 Printing and Publishing Commercial Printing -----­-----­--­Newspaper Publishing.._______________~ 41 18 841 852 + 6.2 2.8 + + 2.5 0.4 22,785 29,170 5.4 4.2 0.9 § 27.09 34.24 30.42 34.70 24.96 35.38 Chemical and Allied Products Cottonseed Oil Products_______________ Petroleum Refining_..____________________ 30 34 562 17,937 + 4.9 0.5 -12.7 -6.4 8,393 599,105 1.3 3.5 4.9 2.5 14.93 33.40 15.86 34.44 15.01 31.74 Stone and Clar ProductsBrick and Tile______________ Cemen ----------------­ 15 6 677 0.6 889 -14.2 -18.4 -20.5 8,777 19,136 2.1 -11.5 -22.9 -8.4 12.96 21.53 13.32 23.97 13.12 19.72 Iron and Steel Products Fotmdries, Machine Shops____ _____ Steam Railroad Repair Shops______ ___ Structural and Ornamental Iron_______ 36 15 12 3,289 1,750 864 + + 0.4 -4.4 6.1 -32.4 0.1 -22.3 92,764 51,260 14,525 -0.8 -10.9 0.3 -4.1 -30.7 -34.5 28.20 29.29 21.24 28.55 30.90 21.34 27.26 28.18 26.00 Unclassified Miscellaneous Manufacturing_____ 233 8,046 + 0.7 -19.4 149,244 4.5 - 13.8 18.55 19.56 18.63 Nonmanu/acturing Industries Crude Petroleum Productionf_____ Quarrying and Nonmetallic Mining______-Public Utilities ________ Retail Trade________________________ Wholesale Trade ------------­------·--­Cotton Compresses.. -----·--------Dyein g and Oeaning___________ 50 5,698 22 1,322 769 18,361 751 14,438 247 4,938 18 709 ]6 440 + + + + 0.1 + 2.4 0.6 -20.8 0.5 -3.8 1.6 -8.5 1.5 -2.2 0.1 -16.5 3.3 +10.0 189,330 36,824 481,486 267,416 123,816 12,471 9,116 0.2 -0.2 2.1 -23.8 0.6 + 1.5 2.8 -11.3 4.4 -0.5 1.0 -3.4 +10.9 +14.9 33.23 27.85 26.22 18.52 25.07 17.59 20.72 33.27 28.28 26.52 18.74 26.62 17.79 19.29 36.20 27.69 26.48 18.62 25.09 17.91 17.65 Hotels+ -----------------­Laundries___________________________ Miscellaneous Nonmanufacturing_______________ 29 37 173 2,409 1,736 2,047 + + 3.7 1.9 0.4 -2.6 -2.9 -19.4 30,519 21 ,781 57,394 + 3.6 + 2.6 4.1 -5.9 0.4 -12.1 12.67 12.55 28.04 12.65 12.28 28.26 12.22 12.84 19.45 STATE -----------------­ 2,791 101,766 + 0.2 8.0 2,488,063 2.2 5.8 24.45 25.03 23.99 Cities Abil ene ----------------­Amarillo_________--------==== 25 35 385 782 + - 6.1 12.4 1.5 -17.l 7,302 21,039 4.7 -3.1 -16.7 -13.7 AustinBea umont. ___ Dall as ~~:awortl1~­-~=~---~­-=·::_-_----=----= Galve to --------------­IIouston _ --------­-­Port Arthur -------------------­an Antonio______ -~a~:an. ·-=-==--~--:-~~-~---::~-­Wichita Falls·------------------== 30 705 42 2,800 283 17,448 98 2,886 145 7,208 23 612 237 15,239 13 6,968 195 5,334 20 780 64 1,747 34 1,092 + + + + + 0.6 + 9.2 1.1 -15.5 0.1 4.5 0.5 0.9 2.9 8.2 2.4 4.1 0.3 + 2.9 0.7 -16.l § -5.9 0.3 -18.8 1.9 -6.5 4.7 + 6.4 12,473 76,288 406,829 55,242 177,816 15,189 389,279 225,949 112,928 12,993 30,807 25,500 2.0 -1.3 5.3 -18.4 0.7 2.1 5.2 4.2 + 0.1 8.5 2.7 1.2 1.4 + 5.1 2.0 9.8 2.4 2.1 2.3 -23.6 4.3 -9.8 -10.2 + 21.3 • Not 1triC'tly comparnble from mooth to m th b ( h · h · f fln ecauee o c anges m t e e1ze and composition of the reportinc l&Qple. Crude petroleum and natural gas production, including natural gaeoline. fCa•b payment• only; the additional value of hoard, room and tipi cannot b d ~\o chanrt-. e compute . Prepared from reporu from Texas industrial establi h h B · ' mente to t e ureau of Busmen Reeearch, coOperating with the United State• Bureau of Labor Statiltlel.