You can read Bloch's original reasoning under "Comments" in http://bugs.java.com/bugdatabase/view_bug.do?bug_id=4045622. He investigated the performance of different hash functions in regards to the resulting "average chain size" in a hash table. P(31)
was one of the common functions during that time which he found in K&R's book (but even Kernighan and Ritchie couldn't remember where it came from). In the end he basically had to choose one and so he took P(31)
since it seemed to perform well enough. Even though P(33)
was not really worse and multiplication by 33 is equally fast to calculate (just a shift by 5 and an addition), he opted for 31 since 33 is not a prime:
Of the remaining four, I'd probably select P(31), as it's the cheapest to calculate on a RISC machine (because 31 is the difference of two powers of two). P(33) is similarly cheap to calculate, but it's performance is marginally worse, and 33 is composite, which makes me a bit nervous.
So the reasoning was not as rational as many of the answers here seem to imply. But we're all good in coming up with rational reasons after gut decisions (and even Bloch might be prone to that).