Full text of Survey of Current Business : December 1925

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''

*

MONTHLY S U P P L E M E N T T O ' C O M M E R C E

•' UNITED STATES
DEPARTMENT OF
WASHINGTON

SURVEY OF
CURRENT BUSIN
DECEMBER, 1925
No. 52

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COMPILED BY

BUREAU OF THE CENSUS
BUREAU OF FOREIGN AND DOMESTIC
BUREAU OF STANDARDS
IMPORTANT NOTICE
7w addition to figures given from Government sources, there are .also incorporated f
service figures from other sources generally accepted by the trades, the,authority
for which are noted in the "Sources of Data" on pages 152-155 of the August, 19251 '

'
is $1,50 a year;

. ' . y\x^;sMi»?>'
single copies (monthly), 10.c^t^\:<||^mn^

Subscription price of the SURVEY OF CURRENT BUSINESS
issues, 25 cents. Foreign subscriptions, $2.25; single copies (monthly issues), including postage, 14 cents^ eem^mial
issues, 36 cents, Subscription price of COMMERCE REPORTS is $4 a year; with the Sv^vJ&^^SSG^iJ^^^^^:^
remittances only to Superintendent of Documents, Washington, D, C., by postal money ordef, exprfesi; ^W^'^W^IM^U
i,
York draft; Currency at sender's ri^k, Postage stamps or foreign money not"aceeptexl;^ v i^'^^fJf : i1



WASHINGTON 5 OOVERNMENT PRINTING OFFICE { I9tf

if^'v-.;; 3
t*fe';.^.^

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INTRODUCTION
SiJEVBT OF CURRENI* BUSINESS is designed to
;S <%r$sent each month a picture of the business situation
; ; py setting forth the principal facts regarding the vari, ;• ^pis Unes of; trade and industry. At semiannual interv; "fvajs detailed tables are publisned giving, for each item,
r ^^sapntidy figures for the past two years and yearly com, |; prisons, where available, back to 1913; also blank
\l ^liries sufficient for six months have been left at the
!yj bottom of each table enabling those who care to do
; 1;,so to enter new figures as soon as they appear (see
1 issue for August, 1925, No, 48). In the intervening
; f Vflaonths the more important comparisons only are
^jpvfcq, in the table entitled "Trend of business move:, /tnents" as in the present number.
J
ADVANCE SHEETS
{J: Realizing that current statistics are highly perish^::/-{able and that to be of use they must reach the business
/,; i^an at the earliest possible moment, the department
/Uljfjiag arrange^ to distribute advance leaflets every week
7
;f; ;v|o subscribers in the United States. The leaflets
i| ate usually mailed on Tuesdays and give su^h infer'>: ^Icaation as has been received during the preceding
, ; l^reek. The information contained in these leaflets fe
fJ:|Jso reprinted in "Commerce Reports/' issued weekly
?i^ *^e Bureau °' Foreign and Dom^tie CommerciB.
:
The monthly bijlletin is distributed AS quickly as it
* <6an be completed and printed.
;
* ' t'^T - '

"

•,

'

'', ' '

';

*;•!$<{. ,'
'- - -' V, BASIC DATA ' ' ' • ;{ v
The figures reported in the accompanying tables aj*e
vl very largely those already in existence. The chief
V\v 1 function of tfae department fe to bring together these
f/fv4ata which, if available at all, are spattered in hun>^v dreds of different publicaitions. A portion of these
^ ; V data are collected by Government departments, other
'I., : figures are compiled by technical journals, and still
j,: l^otners are reported by trade associations.
•'Jf';;'' //• ^
RELATIVE N10MBERS
'
V
^;] To facilitate comparison between different items and
;;fVtender the trend ot $ movement more apparent, r01a,;' fciVe,numbers (often called "index numbers," a term
^k 5^vi^ef€«rring more particularly to a special kind of number
^ *<•& described bglow) have been tjalculated. The relative
;V;§|:i|umbers liable the reader,to see at a glance the
!|< general upwapd or downward tendency of a move>>. v
s^ment which can not so easily be grasped from the
'/;^ o|eitual f i g u r e s . '
- . ' . . < ; f : In computing these relative numbers the last pref(,\ war year, 1913> or in some instances a five-year av^rI:^l^-'m&, 1909-1913, l$fjs been used as a base equal to 100
;>*">'*:;wherever,possible.
, ,
'^v.h-,;^jv> The relative numbers are computed by allowing the
I?1 /monthly average for the base year or period to equail
,^ ; ;100« If the movement for a current month is greater
; v \ ^tEan the b&se, the relative number will be greater than
;^ 1QO, and vice versa. The difference between 100 and
V|/ v|he relative number will give &t once the per cent
^/,,;!Increase or decrease compared with the base period.
^> • : Thuis a relative number of 115 means an increase of 15

per cent over the base period, while a relative number
of 80 means a decrease of 20 per cent from the base.
Relative numbers may also oe tised to calculate the
approximate percentage increase or decrease in a movement from one period to the ne£t. Thus, if a relative
number at one month is 120 and for a later month it
is 144 there has been an increase of 20 per cent.
In many instances comparable figures for the prewar years are not available, and in such cases the year
1919 has usually been taken as the base. For some
industries 1919 can not be regarded as a proper base,
due to extraordinary conditions in the industry, ana
some more representative period has been chosen.
In many cases relative number^ of less importance
have been temporarily omitted.
Most of the relative numbers appear in a special
section of the semiannual issues, as in Tables 103 to
123 of the August, 1925, number, thus allowing easy
comparison on a pre-war base for all items for which
relatives could be computed.
INDEX NUMBERS
When two or more series of relative numbers ate
combined by a System of weightings the resulting
series is denominated an index number. The index
number, by combining many relative numbers, is
designed to show tlie trend of an entire group of industrips or for the country as a whple, instead of for
the single commodity or industry which ^the relative
number covers. Comparisons with the base year or
with other periods are made in the same manner as in
the case of relative Cumbers.
RATIO CHARTS
In many instances the charts used in the SURVEY
OF CUBBBNT BUSINESS are of the type termed "Ratio
Charts" (logarithmic scale), notably the Business
Indicator charts on page 2. These charts show the
percentage increase and allow direct comparisons between the slope of one curve arid that of any other
curve regardless of its location on tlie diagram; that
is, a 10 per cent increase in an item is given the same
vertical movement whether its curte is near the bottom or near the top of the chart.
,
The difference between this arid the ordinary form
of a chart can be made clear by an example. If a
certain item, having a relative number of 400 in one
month, increases 10 per cent in the following month,
;ts relative number mil be 440, and:on an ordinary
chart would be plotted 40 equidistant scale points
higher than the preceding month. Another movement with a relative number of, say, 50 d^o increases
10 per cent, making its relative number 55. On the
ordinary (arithmetic) scale this item wotdd rise only 5
equidistant points, whereas the pluvious item rose 40
points, yet each showed the same percentage increase.
The ratio chartsi avoid this difficulty and give to each
of the two movements exactly the same vertical rise
and hence the slopes of the two lines are directly
comparable. The ratio charts compare percentage
changes, while the arithmetic charts compare absolute
changes^

. '.:;.....' ' This issue presents practically complete data for the month of October and also items, covering November 1925, received
• •••',:'• up to December 14. As most data covering a particular month99 business are not available until from 15 to 30 days after the
*'v,.;,.* wose of th& month, a complete picture of that month's operations? including relative numbers, cumulative totals* text*
and charts, can hot be presented in printed form under 4$ days after its close, but the advance leaflets described above give
7 ,. considerable information as early as 15 days after its close, and present almost every week the latest data available.



UNITED STATES DEPARTMENT OF COMMERCE
WASHINGTON

SURVEY OF
CURRENT BUSINESS
COMPILED BY
BUREAU OF THE CENSUS

BUREAU OF FOREIGN AND DOMESTIC COMMERCE

BUREAU OF STANDARDS

DECEMBER

No. 52

1925

CONTENTS
TEXT MATERIAL

Page

.
Preliminary summary for November
Course of business in October:
General conditions
Summary of indexes of business
Review by principal branches of industry and commerce.

1

7
8
10

BASIC CHARTS

Business indicators
Wholesale prices in November
Employment in manufacturing industries
Production, stocks, and unfilled orders
Comparison of wholesale price index numbers, by groups.-

2
4
6
8
9

GENERAL TEXT TABLES

Business indicators
Wholesale price comparisons
Business summary
Indexes of business (production, prices, sales, etc.)

3
5
7
23

TREND OP BUSINESS MOVEMENTS

Textiles
Metals and fuels
Automobiles and rubber
Hides and leather
Paper and printing
Buttons, glass, and optical goods
Building construction and housing
Chemicals and oils
Foodstuffs and tobacco
Transportation and public utilities
Employment
_
Distribution movement
Banking and finance and foreign exchange
United States foreign trade
Canadian trade and industry

Page

26
27
30
31
32
32
33
35
37
40
41
42
43
45
46

NEW DETAILED DATA

Apparent consumption of butter
21
Prices of condensed and evaporated milk and print cloths.. 22

PRELIMINARY SUMMARY FOR NOVEMBER
When allowance is made for the difference in the
length of month, the gains in industrial output as
recorded in October were extended in November in
such commodities as pig iron, steel ingots, railroad
locomotives, and sine. Tin deliveries, the consumption of silk, the production of copper and cement, and
the receipts of wool at Boston, on the other hand, were
smaller than in October, but, except for wool receipts
and tin deliveries, were larger than in November, 1924.
Unfilled orders for steel and locomotives on November
30 were higher than at the end of October.
Sales by mail-order houses and 10-cent chain stores
declined seasonally from the previous month but were
13 and 11 per cent, respectively, higher than in November, 1924. Correspondingly, check payments and
postal receipts in the 100 largest cities were smaller
than in October but larger than a year ago. The
demand for goods, as evidenced by carloadings, was
greater than a year ago, the changes from October
being almost completely of a seasonal character.
71921—25t




1

Traffic through the Sault Ste. Marie canals, though
seasonally smaller than in October, was considerably
larger than in November, 1924.
Bills discounted by Federal Reserve banks increased
in November and at the end of that month were almost
three times as large as a year ago, while total reserves
and the reserve ratio continued to decline. Loans
and discounts of member banks continued to mount
while investments were declining. Interest rates on
call loans averaged higher than in October and were
twice as high as a year ago, while rates on commercial
paper, though higher than a year ago, showed relatively little change from the preceding month. Dividend and interest disbursements scheduled for payment during December were considerably higher than
in either the previous month or a year ago, while
average prices for industrial stocks1 were lower in
November than in October, though prices for railroad
stocks averaged higher. Business failures were larger,
both in number and in defaulted liabilities, than in
either the preceding month or November, 1924.

BUSINESS INDICATORS: 1920-1925
[Ratio charts—see explanation on inside front cover. Except for "Net freight ton-miles," latest month plotted is October, 1925; September is )atest]plottedfor"Ne*
freight ton-miles," while the curve on bank debits has been adjusted for normal seasonal variations and that on manufacturing production for tbe^varying number
of working days]

I920 1 1921 1922' 1923 1924 1925
300

RELATIVE TO 1913 AS 100

200

100 ^r—
80
60
40

RELATIVE TO 1919 AS 100
BANK DEBITS, 141 CENTERS

200

100
80

1920' 1921 '1922' 1923 ' 1924' 1925
300
200

PRICES 25 INDUSTRIAL STOCKS;
JNTEREST RATES, COMNflERCIAL PAPER_

^^^^

WHOLESALE T

^%^_
i^^^
^^
^^^

WHOLESALE PRICES (DEPT. OF LAB OR)

DEPT. STORE TRADE (359 STORES)

MAIL-ORDER SALES
(4 HOUSES)
FARM PRICES (DEPT. OF AGR CULTURE)

S
LJJ

GENERAL MANUFACTURING PRODUCTION
(64 COMMODITIES)

CO

Z

£
Q

PRODUCTION
(5 SPECIES)

-AUTOMOBILE PRODUCTION-

40

_( PASSENGER CARS AND TRUCKS)_

20

200

FACTORY

EMPLOYMENT

CONTRACTS AWARDED-(27 STATES)-

20




1920 1921 1922 1923 1924 1925

so
40
20

BUSINESS INDICATORS
The following table gives comparative relative numbers for a selected list of important business movements. It is believed
that this table will prove useful, because it separates out from the large mass of material a comparatively small number of items
which are often regarded as indicative of business in general.
The table has been divided into two parts, the first containing those items for which relative numbers can be calculated, using
1913 as a base. The second part contains items for which comparable data back to 1913 are not available. This latter group of
relative numbers is calculated by letting the 1919 monthly average equal 100. Care should therefore be exercised in comparing the
absolute value of the two sets of data. In either group, however, the upward or downward trend of the relative numbers, compared
to previous months, does reflect the present tendency in each item and will give a basis for business judgment.
Where available at the time of going to press, December 15, November indicators have been included, thus
bringing this table up to date. It should be noted that the charts on page 2 show October data as the latest
plotted, except for freight ton-miles, which shows September.
19U

1924

MONTHLY AVBBAQE
COMMODITY

1920 1921 1922 1923 1924 Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov.
1913 monthly average** 106
Production:
Pig iron
Steel ingots
Copper
.
Cement (shipments)
__
Anthracite coal
Bituminous coal
.. _
Electric energy (gross revenue sales)
Crude petroleum
Cotton (consumption)....
Beef
Pork
Unfilled orders:
United States Steel Corporation
Stocks:
Crude petroleum „ _ _
Cotton (total)
Prlces:»
Wholesale index
Retail food
Retail coal, bituminous.
Farm products
Business finances:
Defaulted liabilities
Price 26 Industrial stocks
Price 25 railroad stocks
Banking:
Clearings, New York City. .
Clearings, outside
Commercial paper interest rate
Distribution:
Imports (value) ,
Exports (value)
Sales, mail-order
Transportation:
Freight, net ton-miles..
._

120
135
99
108
98
119
283
178
105
119
113
170

54 87 130 101
74 80
64 114 144 122 101 112
88 80 120 128 130 124
107 131 153 164 228 228
99 58 104 99 93 100
87 85 118 101
90 106
312 349 407 434 386 397
189 224 295 285 298 288
97 109 117 99 77 94
113 126 130 133 135 146
117 130 160 151 115 103
90

96

102

68

56

59

97 98 116
124 124 141
134 133 131
231 139 74
101 89 97
121 106 116
427 462 506
289 272 273
114 106 114
167 149 134
118 152 191

132
166
144
69
97
130
522
287
127
146
199

82

85

60

68

126 139 127
149 166 142
134 145 137
81 139 195
94 93 98
98 94 85
480 457 449
261 292 297
118 125 128
105 129 131
152 115 109

114
137
137
226
107
89
429
329
114
132
116

104
127
136
237
102
93
421
322
106
127
136

104
122
133
245
112
99
419
325
104
145
107

106
136
132
249
116
113
429
323
96
135
96

106
138
132
240
5
117
450
313
104
144
97

310
117
173
122

82

69

63

60

59

63

70

340 344
103 80

61

45

56

89

338 349
112 44

350 348 346 338 335 337 337
84 161 160 193 172 150 126

154
146
190
135

150
146
169
134

149
147
164
132

197
185
72

198 242 150 158 136 198 238 176 149
198 205 201 202 213 231 233 238 235
81 86 85 84 92 95 96 98 95

75

118 118
154 155
138 132
207 138
1
133

117

78

127
155

152 234 287
198 153 125

226
203
207
205

147
153
197
116

149
142
188
124

108 229
184 136
67 64

228
169
75

257
275
134

205
212
118

230 226 264 258 245
230 276 284 265 277
59 57
80 90 71

294
331
264

140 177 212 201
181 154 168 185
188 204 259 284

170 192 208 198 224 232 223
160 207 255 238 214 216 179
211 279 364 351 411 308 299

258 233 219 218 218 228 234 250 253
219 193 179 156 164 184 203 237 216
318 322 262 271 248 255 300 464 396

137

105

133

129

115

139

131

150
144
159
139

143

152
149
169
138

153
150
171
137

157 160
152 154
171 170
139 146

161
151
172
146

274 284 325 339 267
314 290 317 322 273
67 59 64 66 66

158

139

128 135

123

161
151
169
151

296
309
71

156
151
161
147

155
152
159
146

130 185 216

157 160 160 160
155 160 160 169
158 159 160 168
148 149 152 144

158 158
162 167
170
143 144

163 162 161 151 163 134 129 157
233 245 248 256 272 280 300 300
92 96 96 97 101 102 103 106
290 302 305 297 256 278 329 298
308 297 317 323 293 313 353 319
72 70 70 71 72 76 80 79

123

136

146 151
148 143

131

130

153

151

161

1919 monthly average— 100
Production :
Lumber1
. .
.
Building contracts
Stocks:
Beef
Perk
Business finances:
Bond prices (40 issues)
Banking:
Debits outside New York City
Federal ReserveBills discounted
Total reserves ...
..
Ratio

117 133
102 106

129
108

32
91

34
88

139 135
90 03

140 126
102 105

110
100

121
91

122
83

136
138

143
167

42
46

60
70

59
85

55
94

49
90

41
88

31
81

26
96

110 110 110 110

111

111

111

113

114

102
72

86
69

66
98

42
83

86

87

114

91

95

107

108 101

104

119

107 124 127 106 121 117 116 124 123 113 110 137 122

132 91
97 122
. . 122
80

28
144
154

39
146
152

19
146
160

12
13
144 143
160 157

11 16 14 22 21 21 21 24 24 30 33 30 32
143 139 141 138 137 137 136 135 134 132 131 132 131
154 145 155 151 154 154 153 153 154 140 144 144 142

29
70

107 104

21
91

20
61

108 110 109

14
146
164

28
44

141 164 163
145 166 166
21
80

157
148 146

19
76

17
59

20
46

31
42

112 111

111

111

112

,
jed for the month; farm prices from Department of Agriculture.
F
> Based on the total computed production reported by 5 associations. Includes southern pine, Douglas fir, western pine, North Carolina pine, and California white
pine. The total production of these associations in 1910 was equal to 11,401,000,000 board feet, compared with a total lumber production for the country of 34,552,000,000
board feet reported by the census.




WHOLESALE PRICES IN NOVEMBER
[Bars denote percentages of increase or decrease in the wholesale prices of specified commodities as compared with the same month of 1924 and 1923]
COMPARISON WITH
PREVIOUS MONTH
DECREASE INCREASE

COMMODITIES

20

10

Q

10 20

COMPARISON WITH SAME MONTH

COMPARISON WITH SAME MONTH

1924

1923

DECREASE
50 40

30

20

INCREASE
10

Q

10

20

30

40

50

DECREASE
60

70

8050 40

30

20

INCREASE
10

0

10

20

30

40

50

20 10

Q

10

20

30 40 50

FARM PRODUCTS. AVERAGE PRICE TO PRODUCER

WHEAT
CORN
POTATOES
COTTON
COTTONSEED-CATTLE. BEEFHOGS
LAMBS

FARM PRODUCTS. MARKET PRICE

WHEAT, SPRING
WHEAT, WINTER
CORN N0.2
OATS------BARLEY

BYE, N0.2

---

TOBACCO, BURLEY-COTTON
WOOL^ GREASE (BOSTON)
CATTLE. STEERS
HOGS, HEAVY
SHEEP, EWES
SHEEP, LAMBS
FLOUR, SPRING
FLOUR, WINTER^%^%^%%/:

SUGAR, RAW
SUGAR. GRANULATED
COTTONSEED OIL
BEEF, CARCASS
BEEF, STEER ROUNDS
HAMS, SMOKED (CHICAGO)-

CLOTHING

COTTON YARN
COTTON PRINT CLOTH

COTTON. SHEETING

--

WORSTED YARN

WOMEN'S DRESS GOODS
SUITINGS
SILK. RAW
HIDES. PACKER'S
HIDES, CALFSKINS
LEATHER, CHROME (BOSTON)LEATHER, SOLE , OAK
BOOTS AND SHOES C BOSTON )-BOOTS AND SHOES (ST. LOUIS )•
COAL, BITUMINOUS—COAL, ANTHRACITE —
COKE
PETROLEUM
PIG IRON, FOUNDRY
PIG IRON, BASIC
STEEL BILLETS, BESSEMER
COPPER

-

LEAD
TIN
ZINC

•

LUMBER, PINE. SOUTHERN
LUMBER, DOUGLAS FIR
BRICK. COMMON

NEWYORK)-

CEMENT
STEEL BEAMS
RUBBER CRUDE
SULPHURIC ACID




---

20 10

0

I0

20

DECREASE INCREASE

50 40 30

20 10

0

10

20

30 40 50 60 70 80 90 100

DECREASE

INCREASE
* NO CHANGE

DECREASE

INCREASE

60

WHOLESALE PRICE COMPARISONS
NOTE.—Prices to producer on farm products and market price of wool are from U. S. Department of Agriculture, Bureau of Agricultural Economics; nonferrous metals
from the Engineering and Mining Journal-Press. All other prices are from U. S. Department of Labor, Bureau of Labor Statistics. As far as possible all quotations represent
prices to producer or at mill. See diagram on page 4.
PER CENT

ACTUAL PRICE

INCREASE (+) OR
DECREASE (— )

(dollars)
Unit

COMMODITIES

Novem- NovemOctober, Novem- Novem- ber, 1925, ber, 1925,
from
from
1925
ber, 1925 ber, 1924 October, November, 1924
1925

RELATIVE PRICE

(1913 average=100)

October,
1925

November,
1925

November,
1924

FARM PRODUCTS— AVERAGE PRICE TO PRODUCERS
Wheat . . .
Corn
Potatoes
.
Cotton
Cottonseed
Cattle, beef
Hogs
Lambs

Bushel
Bushel
Bushel
Pound
Ton
Pound
Pound
Pound

.. .

1.364
.830
1.256
.215
32.82
.0631
.1116
.1204

1.488
.746
1.984
.181
27.64
.0614
.1066
.1215

1.336
.996
.635
.225
33.57
. 0543
.0862
.1055

+9.1
-10.1
+58.0
-15.8
-15.8
-2.7
-4.5
+0.9

+11.4
-25.1
+212. 4
-19.6
-17.7
+13.1
+23.7
+15.2

172
134
210
179
151
107
149
197

188
121
332
151
127
104
142
199

169
161
106
188
154
92
115
173

Bushel
Bushel
Bushel
Bushel
Bushel
Bushel
Cwt
Pound
Pound
Cwt
Cwt
Cwt
Cwt

_

1.549
1.635
.828
.402
.743
.838
25.00
.220
.51
11. 906
11. 694
6.406
14. 813

1.612
1.711
.841
.403
.715
.857
25.00
.208
.54
10. 575
11. 320
6. 785
15. 250

1.529
1.574
1.130
.524
.864
1.312
24.50
.243
.61
9.16
9.58
6.330
13.34

+4.1
+4.6
+1.6
+0.2
-3.8
+2.3
0.0
-5.5
+5.9
-11.2
-3.2
+5.9
+3.0

+5.4
+8.7
-25.6
-23.1
-17.2
-34.7
+2.0
-14.4
-11.5
+15.4
+18.2
+7.2
+14.3

170
166
132
107
119
132
189
172
204
140
140
137
190

177
174
135
107
114
135
189
162
216
124
135
145
196

168
160
181
140
138
206
186
190
244
108
115
135
171

Barrel
Barrel .
Pound
Pound
Pound
Pound
Pound
Pound

8.263
7.410
.039
.050
.099
.185
.160
.283

8.538
7.613
.040
.051
.101
.178
.143
.282

8.163
6.870
.058
.073
.110
.183
.129
.205

+3.3
+2.7
+2.6
+2.0
+2.0
-3.8
-10.6
-0.4

+4.6
+10.8
-31.0
-30.1
-8.2
-2.7
+10.9
+37.6

180
193
110
117
136
143
122
170

186
198
115
120
140
137
109
170

178
179
166
169
151
141
98
123

Pound
Yard
Yard
Pound
Yard
Yard
Pound
Pound
Pound
Square foot.
Pound
Pair
Pair

.430
.067
.108
1.650
.800
3.600
6.664
.174
.200.
.460
.460
6.40
5.15

.407
.063
.108
1.600
.800
3.600
6.566
.163
.198
.460
.470
6.40
5.15

.446
.067
.106
1.850
.775
3.690
6.174
.174
.203
.460
.465
6.25
5.00

-5.3
-6.0
0.0
-3.0
0.0
0.0
-1.5
—6 3
-1.0
0.0
+2.2
0.0
0.0

-8.7
-6.0
+1.9
-8.7
+3.2
-2.4
+6.3
-6.3
-2.5
0.0
+1.1
+2.4
+3.0

174
194
176
212
254
233
183
95
106
171
103
206
163

164
182
176
206
254
233
180
89
105
171
105
206
163

180
195
173
238
246
239
170
95
107
171
104
201
158

Short ton.. 3.39
Long ton... 11. 284
Short ton. _ 6.53
1.600
Barrel

3.39
11. 290
6.88
1.588

3.39
11.470
3.23
1.212

0.0
+0.1
+5.3
-0.7

0.0
-1.6
+112.8
+31.0

154
212
268
171

154
213
282
170

154
216
132
130

Long ton... 20.89
Long ton... 18.63
Long ton... 34.25
.1430
Pound
Pound
.0951
Pound
.6050
Pound
.0828

22.14
19.88
34.75
.1435
.0974
.6210
.0861

21.26
19.13
35.50
.1364
.0869
.5385
.0680

+6.0
+6.7
+1.5
+0.3
+2.4
+2.8
+4.0

+4.1
+3.9
21
+5.2
+12.1
+15.4
+26.6

131
127
133
94
218
137
151

138
135
135
94
223
140
157

133
130
138
89
199
122
124

47.41
Mfeet
16.50
Mfeet
Thousand.. 14.75

48.27
16.50
14.75

42.48
16.50
13.50

+1.8
0.0
0.0

+13.6
0.0
+9.3

206
179
225

210
179
225

184
179
206

-2.9
0.0
+10.3
0.0

-5.7
+2.6
+198.3
0.0

168
129
96
70

163
129
106
70

173
126
35
70

FARM PRODUCTS-MARKET PRICE
Wheat, No. 1, northern, spring (Chicago)
Wheat, No. 2, red, winter (Chicago)
.
.
Corn, contract grades, No. 2, cash (Chicago).
Oats, contract grades, cash (Chicago) .. _.
Barley, fair to good, malting (Chicago)..
Rye, No. 2, cash (Chicago) .
.. _ .
Tobacco, burley, good leaf, dark red (Louisville)
Cotton, middling upland (New York)
Wool, & blood combing, Ohio and Pennsylvania fleeces (Boston)
Cattle, steers, good to choice, corn fed (Chicago)
Hogs, heavy (Chicago)
Sheep, ewes (Chicago)
Sheep, lambs (Chicago)
FOOD
Flour, standard patents (Minneapolis)
_.
Flour, winter straights (Kansas City)
Sugar, 96° centrifugal (New York)
Sugar, granulated, in barrels (New York)
Cottonseed oil, prime summer yellow (New York)
Beef, fresh carcass good native steers (Chicago)
' Beef, fresh steer rounds No. 2 (Chicago)
.
Pork, smoked hams (Chicago)

.

...

CLOTHING
Cotton yarns, carded, white, northern, mulespun, 22-1 cones (Boston)
Cotton, print cloth, 27 inches, 64 x 60-7.60 yards to pound (Boston)
Cotton, sheeting, brown 4/4 Ware Shoals L. L. (New York)
Worsted yarns, 2/32's crossbred stock, white, in skein (Boston)
Women's dress goods, French, 35-36 inches at mills, serge
_..
Suitings, wool, dyed blue, 65-56 inches, 16-ounce Middlesex (N. Y.)
Silk, raw Japanese, Kansas No. 1 (New York)
Hides, green salted, packer's heavy native steers (Chicago)
Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago)
Leather, chrome calf, dull or bright "B" grades (Boston)
_. _
Leather, sole, oak, scoured backs, heavy (Boston)
Boots and shoes, men's black calf, blucher (Massachusetts)
Boots and shoes, men's dress welt tan calf (St. Louis)
._
FUEL
Coal, bituminous, mine run lump, Kanawha (Cincinnati)
Coal, anthracite, chestnut (New York tidewater)
Coke, Connellsville (range of prompt and future) furnace— at ovens
Petroleum, crude, Kansas-Oklahoma— at wells .
METALS
Pig iron, foundry No. 2, northern (Pittsburgh)
Pig iron, basic, valley furnace _.
..
Steel, billets, Bessemer (Pittsburgh)
Copper ingots, electrolytic, early delivery (New York) ...
Lead, pig, delivered, for early delivery (New York)
Tin, pig, for early delivery (New York)
Zinc, slab, western (St. Louis)
.....
BUILDING MATERIAL AND MISCELLANEOUS
Lumber, pine, southern, yellow flooring, 1 x 4, "B" and better (Hattiesburg district) .
Lumber, Douglas fir, No. 1, common, s 1 s, 1 x 8 x 10 (Washington)
Brick, common red, domestic building (New York)
Cement, Portland, net without bags to trade, f. o. b., plant (Chicago
district)
Steel beams, mill (Pittsburgh)
Rubber, Para Island,fine(New York) . . .
Sulphuric acid, 66° (New York)




Barrel
Cwt
Pound
Cwt

1.70
1.95
.773
.70

1.65
1.95
.853
.70

1.75
1.90
.286
.70

EMPLOYMENT IN MANUFACTURING INDUSTRIES BY MAJOR GROUPS
(Drawn from data compiled by U. S. Department of Labor, and representing weighted indexes based upon number of wage earners in the respective industries in 1919.
Average monthly employment 1923=100. October, 1925, is latest month plotted]

GENERAL INDEX

IRON AND STEEL AND THEIR

OF EMPLOYMENT

PRODUCTS

LUMBER AND ITS REMANUFACTURE

I

I

TOBACCO MANUFACTURES

MISCELLANEOUS INDUSTRIES

100




I

I

I

PAPER AND PRINTING

LEATHER AND ITS FINISHED PRODUCTS

CHEMICALS AND ALLIED PRODUCTS

I

I

!

I

VEHICLES

I

I

t

)

I

FOR LAND TRANSPORTATION

AMPED AND ENAMELED WARE OTHER THAN IRON
AND STEEL

STONE, CLAY, AND GLASS PRODUCTS

I

I

BUSINESS SUMMARY
•[Index and relative numbers based on the 1919 monthly average as 100—except unfilled orders which are based on the 1920 average—enable comparisons to be made of the
relative condition of the several phases of business. The use of index and relative numbers is more fully explained on the inside front cover, and details of this sum'
mary are given in the table entitled "Indexes of Business," beginning on p. 231
YEARLY
AVERAGE

1923

1924

PRODUCTION:
Manufacturing (64 commodities— Adjusted) *
Raw materials, total
_ ..
Minerals
Animal products
Crops
_
Forest products
Electric power.
Building (awards— floor space)

119
113

113
118

131
117
102
121
144
106

STOCKS (45 commodities; seasonal adjustment)
_
_.
UNFILLED ORDERS (relative to 1920)
SALES (based on value) :
Mail-order houses (4 houses)
Ten-cent chains (5 chains)
Wholesale trade
.
_ _
Department stores (359 stores)

1924

1925

PER CENT INCREASE (+)
OR DECREASE (— )

SepAugust tember October

SepAugust tember October

October, 1925, October, 1925
from
October,
September, from 1924
*fct 1925

123
117
118
119
152
108

109
121
122
108
129
124
146
90

114
152
128
110
193
119
148
93

116
179
135
112
246
123
160
102

121
114
142
107
106
131
168
166

122
150
125
105
191
129
169
155

132
156
132
115
196
135
183
148

+ 8.2
+4.0
+ 5.6
+ 9.5
+2.6
+ 4.7
+8.3
-4.5

119
74

135
52

133
46

134
46

135
43

142
52

149
52

133
53

-10.7
+ 1.9

-1.5
+ 23.3

99
165
83
124

105
185
82
125

74
172
83
93

106
169
92
119

141
203
95
141

89
195
87
98

113
191
94
122

170
237
101
164

+ 50.4
+ 24. 1
+ 7.4
+ 34.4

+ 20.6
+ 16.7
+ 6.3
+ 16.3

65
75
78
94

64
73
78
95

67
73
77
95

63
72
79
95

66
74
80
96

73
78
86
98

69
78
85
98

68
77
87
99

-1.4
-1.3
+ 2.4
+ 1.0

+ 3.0
+ 4.1
+ 8.8
+ 3. 1

103
93

109
84

112
79

110
81

109
81

125
83

127
84

132
85

+ 3.9
+ 1.2

+ 21. 1
+ 4.9

TRANSPORTATION :
Net freight ton-mile operation
115
Car loadings (monthly total)
119
Net available car surplus (end of mo.) . . 25

108
116
139

110
139
117

118
119
70

131
156
59

126
154
98

125
123
85

159
66

+ 29.3
-22.4

+ 1.9
+ 11.9

PRICES (recomputed to 1919 base) :
Producers', farm products
Wholesale, all commodities
Retail food
Cost of living (including food)
CHECK PAYMENTS (141 cities— Seasonal adjustment)
.
FACTORY EMPLOYMENT (1919 base)

+ 13.8
— 12.8
-2.2

-2.7
-20.3
+ 9.8
+ 14.4
+ 45. 1

i See p. 28, Jan., 1925, issue (No. 41), for details of adjustment.

COURSE OF BUSINESS IN OCTOBER
GENERAL CONDITIONS
Business and industry was on a high level in October,
manufacturing production showing the largest output on record, due largely to the high automobile
production, although all principal groups of manufactures were higher than in September. Although
seasonally larger, the raw material output was less than
in October, 1924, the decline from a year ago being due
to the small grain receipts and the shutdown in anthracite coal mining. Commodity stocks were slightly
lower than the holdings of a year ago, and unfilled
orders in the iron and steel and building material
trades were considerably higher, although the building material orders were less than on September 30.
Building awards were 5 per cent less than in September, but were 45 per cent higher than a year ago.
Trade indicators were also at a high mark in
October, with increases of from 16 to 21 per cent over



October, 1924, recorded for mail-order houses, tencent chains and department stores, while wholesale
trade increased 6 per cent. Increased trade activity
is also reflected in the considerable increase in check
payments over a year ago. Employment and pay roll
payments also exceeded the October, 1924, figures.
Carloadings were 2 per cent larger than a year ago, but
the surplus of idle freight cars was 12 per cent larger
than at the end of October, 1924. Foreign trade was
higher than a year ago, in spite of a decline in exports.
Slight declines occurred from September in producers7 and wholesale prices, but the retail food and costof-living indexes advanced. All the price indexes
were from 3 to 4 per cent higher than a year ago,
except food at retail, which was 9 per cent higher.
Business failures continued to decline and stock prices
to advance.

8
SUMMARY OF INDEXES OF BUSINESS
PRODUCTION

Manufacturing production in October made a new
high record, both as to actual figures and relative to
the number of working days in the month, standing at
137 per cent of the 1919 average in actual output and
132 when adjusted for length of working time. The
previous high record was in May, 1923. Increases
over September output occurred in all industry
groups, the miscellaneous group being the most marked,
as its increase of 25 per cent was largely due to the
record output of automobiles, after relatively small
figures for August and September. The other group
increases over September ranged from 4 to 11 per cent,
the combined index showing a gain of 8 per cent over
September output when account is taken of the larger
number of working days in October. Compared with
a year ago, manufacturing production in October was

14 per cent higher, all groups increasing except foodstuffs, textiles, and leather. The largest increases over
a year ago were in the miscellaneous group, due to large
automobile output, and in the iron and steel group.
In contrast to the high level of manufacturing output, raw material production and marketings were
13 per cent below a year ago, the increase in 1925 from
September to October being considerably less than
normal. The mineral output was almost as high as a
year ago, in spite of the virtual shutdown in anthracite
mining, as all other minerals except silver were produced in greater quantity than a year ago.
The marketing of animal products increased almost
3 per cent over a year ago, although receipts of wool,
hogs, sheep, and eggs were less than in October, 1924.
Compared with September, only receipts of wool and
eggs and the catch of fish declined.

RELATIVE PRODUCTION, STOCKS, AND UNFILLED ORDERS FOR MANUFACTURED

COMMODITIES

[1920 monthly average=100. This chart shows stocks of manufactured commodities only, while adjustment has been made for both stocks and production for their
respective seasonal movements. Unfilled orders are principally those for iron, steel, and building materials. October, 1925, is latest month plotted]

The decline of 20 per cent in marketings of crops
was chiefly responsible for the fall in the raw material
marketings from a year ago. Grain and fruit marketings were much smaller than in October, 1925, and
marketings of miscellaneous crops also declined, while
cotton products and vegetables had larger marketings
than a year ago.
Forest products7 output increased 10 per cent over
a year ago, the only group decline occurring in pulp
wood. Compared with the September output, gum
and distilled wood showed decreases, despite the increases registered over a year ago.



COMMODITY STOCKS

Actual stocks of commodities on hand on October 31
were 2 per cent larger than at the end of the previous
month, but when seasonal conditions are taken into
account, the index number shows a decline of 11
per cent, all groups declining except manufactured
foodstuffs, while the raw foodstuff group shpwed the
greatest decrease. Compared with October, 1924,
the adjusted stock index shows a slight decline, the
decline in foodstuffs, both raw and -manufactured,
overbalancing the increases in the other commodities.

1

SALES

The unfilled order index of iron and steel and building materials increased 2 per cent during October,
iron and steel unfilled orders being 13 per cent above
those recorded at the end of September, while building material orders declined. Compared with a year
ago, unfilled orders were 23 per cent higher, iron and
steel gaining 27 per cent and building materials 16
per cent.
The index of wholesale trade increased 7 per cent
over September, with all groups participating, while
the increase over October, 1924, amounted to 6 per
cent, only groceries showing a decline in sales.
Sales of mail-order houses were 50 per cent larger
in October than in September and 27 per cent higher
than a year ago, the October sales setting a new
high record for this type of trade. Sales of ten-cent,
grocery, and shoe chains each increased from 24 to 30
per cent over September, while other chains made
smaller increases. Compared with a year ago, all
classes of chains made increased sales, grocery chains
leading with a gain of 31 per cent, while cigar chains
showed sales only 5 per cent larger. Departmentstore trade increased 34 per cent over September,
more than the usual seasonal gain, and were 16 per
cent above a year ago. Stocks held by department
stores were 1 per cent higher than a year ago.
PRICES

Average prices received by farmers in October
showed a decline of less than 1 per cent from September, gains in the fruit and vegetable and dairy

and poultry groups almost neutralizing the declines
in grain, meats, and cotton products, while the unclassified group showed no change. Farm prices stood
4 per cent higher than a year ago, with fruits and
vegetables, meat animals and dairy products and
poultry higher, and grain, cotton products, and the
unclassified group lower.
The wholesale-price index of the Department of
Labor declined 1 per cent from September, owing to
decreases in farm products, food, and chemicals, while
clothing, fuels, metals, and miscellaneous groups advanced. The index stood at 4 per cent above a year
ago, all items being higher except house-furnishing
goods, which reached a new low postwar level in
October. The miscellaneous group was 15 per cent
higher than a year ago, due largely to the increased
price of rubber. As regrouped by the Federal Reserve
Board, the only increases over September were in
producers; goods and in mineral products in the raw
product group. Compared with a year ago, however,
all groups were higher except agricultural products,
with the animal product group making the greatest
gain. The commercial index numbers both increased
slightly during October.
The cost-of-living index rose 1 per cent over September, due to gains of 2 per cent in food and 1 per
cent in fuel and light costs, the other groups remaining stationary. Compared with a year ago, food costs
were 9 per cent higher, and fuel and light and sundries
slightly higher, while shelter and clothing costs
declined, the combined index showing an advance of
3 per cent over October, 1924.

COMPARISON OF WHOLESALE PRICE INDEX NUMBERS, BY GROUPS
[Relative prices, 1913-100. October, 1925, is latest month plotted]

71921—25f-




10
EMPLOYMENT

The index of factory employment increased 1 per
cent over September only the miscellaneous group
registering a decline. Compared with a year ago,
almost 5 per cent more workers were employed in
industry, with the foodstuff group alone showing a
decrease. Metals other than iron and steel, vehicles,
and chemicals made the greatest relative gains over a

year ago, all showing 10 per cent advances or better.
Pay-roll payments in October were almost 7 per
cent greater than in September, all groups gaining
over the previous month, the increase of 17 per cent
in metals other than iron and steel being especially
marked. Compared with October, 1924, factory
pay rolls were 8 per cent higher, all groups showing
increases except leather, which remained unchanged.

REVIEW BYiPRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE
TEXTILES

October wool receipts at Boston declined seasonally
from the previous month, receipts of both domestic
and foreign wool being less than in September. Boston wool receipts were greater than in October, 1924,
however, due to the large increase in receipts of foreign
wool. Imports of unmanufactured wool were larger
than in either the previous month or a year ago;
imports for the first 10 months of this year were also
greater by 32 per cent than for the corresponding
period of last year. The consumption of wool by
textile mills in October was 7 per cent greater than
for the previous month but fell considerably short of
a year ago. Wool machinery also showed a considerable increase in activity from the previous month, all
classes of equipment participating except cards and
carpet looms. Prices of raw wool were slightly higher
than in September, while prices of yarn and of suitings remained unchanged.

Cotton ginnings up to the end of October exceeded
last season by 15 per cent. Exports of raw cotton
were very much greater than for either the previous
month or a year ago. Stocks both at mills and warehouses increased 40 per cent over the previous month
and were substantially greater than at the end of
October, 1924.
RAW COTTON CONSUMPTION AND EXPORTS
[October, 1925, is latest month plotted)

CONSUMPTION OF COTTON, WOOL, AND SILK
[October, 1925, is latest month plotted]




In the table below are given the average wholesale
prices of carded cotton yarns in the New Bedford
market from 1921 to date.
WHOLESALE PRICES OP COTTON YARNS, CARDED, SINGLE
WARP, 40/ls, NEW BEDFORD l
[Dollars per pound]

January
February
March
April

May
June
July
August
September
October..
November
December

_ .. .. _. _

_.

Monthly average

1921

1922

1923

1924

1925

$0.450
.451
.403
.371

MONTH

$0. 564
.545
.533
.520

$0. 680
.672
.701
.703

$0.683
.637
.607
.615

$0.547
.569
.589
.580

.375
.371
.380
.398

.532
.559
.576
.572

.643
.610
.593
.560

.620
.597
.589
.578

.558
.543
.543
.547

.490
.574
.559
.555

.584
.606
.627
.632

.618
.624

.556
.543

.563
.562

.694

.552

.447

.571

.648

.593

680

539

l

"Average of weekly prices compiled by U. S. Department of Labor, Bureau of
Labor Statistics.

1925

The consumption of raw cotton by textile mills was
considerably greater than in September and was
slightly larger than a year ago. For the first 10
months of 1925 cotton consumption by textile mills

1,1
was 18 per cent greater than for the corresponding
months of last year. Machinery activity in the cotton industry was also greater than in September,
1925, or in October, 1924. The business of cotton
finishing plants continued to increase. Prices of raw
cotton were somewhat less than either the previous
month or a year ago. This decline, however, was not
reflected in the prices of cotton yarn and cloth, which
averaged slightly higher than either the previous
month or a year ago.
Imports of raw silk were 14 per cent less than in
September but were much larger than a year ago.
Consumption of silk as shown by deliveries, on the
other hand, exceeded that either of September or a
year ago, and as a result stocks declined from both
prior periods. The prices of raw silk continued to

increase, averaging 16 per cent higher than in October,
1924.
IRON AND STEEL

Shipments of iron ore from the mines were less than
in September but 25 per cent greater than a year ago.
Shipments up to the end of October exceeded those of
last year by 23 per cent. Stocks of iron ore continued
to increase, but were slightly less than those at the
end of October of last year. The consumption of iron
ore and the production of pig iron were considerably
greater than for the preceding month or for a year
ago. The number and capacity of furnaces in blast
at the end of October also increased from both prior
periods. Prices of pig iron averaged slightly higher
than in September.

PRODUCTION OF PIG IRON AND UNITED STATES STEEL CORPORATION'S UNFILLED ORDERS
[October, 1925, is latest month plotted]
14,000

600

The production of steel ingots was greater than for
either the previous month or a year ago, the cumulative production for the first 10 months of 1925
being 20 per cent in excess of the corresponding
period of last year. Bookings of steel castings also
exceeded those of the previous month, but were somewhat smaller than those reported in October, 1924,
due to the decline in the bookings of railroad specialties. Unfilled orders of the United States Steel Corporation exceeded those at the end of September by
10 per cent and were 17 per cent greater than at the
end of October, 1924. The production, shipments,
and sales of steel sheets exceeded those of either the
previous month or a year ago. The production and
shipments of steel barrels was also considerably
greater than for either September, 1925, or for October,
1924, although stocks and unfilled orders declined in
October, as compared with the previous month.
Steel prices showed little change from the previous
month, although they were slightly less than a year
ago. Bookings and shipments of structural steel
and bookings of steel plate increased substantially
over September and also over a year ago



NONFERROUS METALS

Copper production at domestic mines was larger
than for either the previous month or a year ago,
bringing the total for the year thus far up to 7 per
cent above the 1924 period. The world production
of blister copper was 11 per cent larger than in September and 7 per cent larger than a year ago, and the
output for the first 10 months of 1925 was 5 per cent
COPPER PRODUCTION AND EXPORTS
[October, 1925, is latest month plotted]

12

greater than for the same period of 1924. Exports of
copper were considerably less than in either September, 1925, or in October, 1924, although the total
shipments abroad were 4 per cent greater during the
first 10 months of this year than during the same period
of last year. Prices averaged slightly less than in the
previous month but were 11 per cent greater than a
year ago.

PRODUCTION OF BITUMINOUS AND ANTHRACITE COAL
[October, 1925, is latest month plotted]

TIN: IMPORTS, VISIBLE SUPPLY, AND DELIVERIES TO MILLS
October, 1925, is latest month plotted]
40,000

The production of coke continued to increase, both
types of coke also making large gains over October,
1924. Production of beehive coke for the first 10
months of this year was practically the same as a
year ago, while the by-product output was 17 per cent
greater. Prices of coke increased sharply from September and were more than double those of a year ago.
The output of crude petroleum, though slightly less
than in September, was 7 per cent larger than a year
ago, while stocks were reduced. Production and
stocks of refined oils were all larger than a year ago
except production of kerosene.

1,000

Stocks of tin in the United States were slightly larger
than for either the previous month or a year ago, an
increase in imports from the previous month being
accompanied by a decline in deliveries of tin to consuming establishments. The wholesale price averaged
higher than for either prior period.
A further increase in the number of zinc retorts in
operation took place in October, and as a result the production of zinc was 7 per cent greater than in September. Stocks of zinc continued to decline, being but
one-fifth the total reported at the end of October, 1924.
Wholesale prices of zinc continued to rise, being 31
per cent greater than in October of last year.
The production of lead was 18 per cent greater than
in September and 10 per cent larger than a year ago,
making the total for the first 10 months of this year 9
per cent larger than during the same period of 1924.
Lead prices were unchanged from the previous month
but were 15 per cent higher than a year ago.
FUELS

The production of bituminous coal was 14 per cent
greater than in September and 10 per cent greater than
a year ago, the increase for the year thus far being 6
per cent over the same period of last year. Prices
showed little change from either the previous month
or a year ago. Anthracite output was practically at a
standstill, owing to labor disagreements.



PRODUCTION OF BEEHIVE AND BY-PRODUCT COKE
[October, 1925, is latest month plotted]

AUTOMOBILES

After a period of low activity, during August and
September, due to changes in styles, the October production of automobiles was the largest in the history
of the industry. The production of trucks, on the
other hand, was considerably less than in the previous
month, although it was 41 per cent greater than in
October, 1924. For the first 10 months of this year,
automobile production was 11 per cent greater and
truck production 32 per cent greater than for the
corresponding period of last year.

13
PASSENGER AUTOMOBILE PRODUCTION
[October, 1925, is latest month plotted. Cumulative curve shows production
through October]

as in September, were 6 per cent greater than a year
ago. Leather prices remained unchanged from the
previous month.
The October production of boots and shoes was 5
per cent greater than for the previous month. October exports also exceeded those of September but
were less than in October, 1924. Shoe prices were^the
same as for the previous month and were only slightly
higher than a year ago.
PAPER AND PRINTING

S DENOTE PERCENT AGE CHANGE FRO
SAME MONTH OF PREVIOUS YEAR

Jl
(923

J924

1925

RUBBER

Imports of rubber were 31 per cent greater than in
September but 11 per cent less than a year ago, making
the total imports for the first 10 months of this year
larger by 19 per cent than those in the same period
of 1924. The production of all types of tires and
tubes declined from the previous month, while shipments increased, a decline in stocks resulting. Prices
of rubber again increased, averaging 31 per cent higher
than in September and almost treble the price of a
year ago.

The production and shipments of wood pulp, both
mechanical and chemical, exceeded those of the preceding month, but fell somewhat short of last October.
Stocks of both kinds of wood pulp declined from
September 30, stocks of chemical wood pulp also being
smaller than a year ago. Imports of wood pulp
increased from September, those of mechanical wood
pulp being larger and those of chemical being smaller
than in October, 1924. The price of chemical wood
pulp was slightly higher than for either the previous
month or a year ago.
The production and shipments of newsprint paper
exceeded those of either the previous month or of
October, 1924. Imports also increased over both
periods, while stocks declined. The production of
book, wrapping, fine, and other grades of paper was
larger in October than in the previous month, the
production of wrapping and fine paper also being
larger than a year ago. Stocks showed little change
from the previous month, those of book and fine paper
increasing and those of wrapping and other paper
diminishing.
NEWSPRINT PAPER PRODUCTION AND MILL STOCKS
[October, 1925, is latest month plotted]

HIDES AND LEATHER

Imports of hides and skins in October were less
than for either the previous month or for a year ago,
all classes of skins being imported in smaller quantities
than in September and all classes except goat skins
falling short of the imports of a year ago. Prices of
hides showed little change from the previous month
but were slightly higher than a year ago.
Exports of sole leather were 14 per cent greater
than in September and were 3 per cent less than a year
ago, making the total of such exports for the first
10 months of 1925 smaller by 13 per cent than for the
corresponding period of last year. Exports of upper
leather, on the other hand, while practically the same



BUILDING CONSTRUCTION AND HOUSING

Building costs showed little change from the previous month, but were slightly lower than a year ago.
Contracts awarded for building construction in 36
States were less than in September, both in square
footage and in value. All classes of buildings partici-

14
pated in the decline with the exception of residential
buildings, which increased both in square footage and
in value, and industrial buildings, which increased
in value. October building awards were much larger

than a year ago, while, for the first 10 months of 1925,
marked increases were shown in the construction of
alt types of buildings over the corresponding period
of 1924.

COMPARISON OF AUTOMOBILE PRODUCTION AND NEW BUILDING CONTRACTS
[October, 1925, is latest month plotted. Cumulatives for 1925 are through October]
550

i l l ' 1 1925-CUMULATIVES -1925
6,000

I I M I

I

550

I I I

LDING CONTRACTS AWARDED
(27 STATES)

I 2 3 4 5 6 7 8 9 10 II YR.

1924-CUMULATIVES - 1924

TOTAL AUTOMOBILE
PRODUCTION
.

I 2 3 4 5 6 7 8 9 10 II YR.

I i 1 ' i I I I 1 I I I I I I I I I I I 1 I

SOUTHERN CYPRESS *

BUILDING MATERIALS

The production of lumber in October was larger
than in the previous month, or than a year ago, for
most species reported, walnut, northern hemlock,
North Carolina pine and California white pine showing decreases from the previous month and redwood
and walnut decreases from a year ago. Shipments
also exceeded those of either prior period, except in
the case of redwood, which declined from September,
and of western pine, North Carolina pine and walnut,
which were less than for either prior period. Orders
for southern pine and redwood exceeded those of
either September, 1925, or October, 1924, although
orders for Douglas fir declined from both periods.
Stocks of lumber were larger than for the previous
month, although stocks of California white pine and
western pine decreased from October, 1924. For
the first 10 months of this year, production, shipments and orders exceeded those of the corresponding
months of last year, with the exception of declines in
the production of redwood and hemlock.
The following tables present data on lumber and
its products recently made available:




Production

Shipments

Unfilled
orders
(nearest
Wednesday
to end of
month)

New orders

MONTH, 1925

Feet, board measure
July
August
September.
October

.. _ _

26, 572, 046
27, 389, 583
27, 162, 513

30, 097, 125
27, 409, 819
27, 573, 995

24, 782, 801
25 920,000

28, 402, 591
29,466,083
31,622,307

25, 596, 377
30,978,501

1
Computed from weekly reports of the Southern Cypress Manufacturers' Association, covering from 12 to 18 companies each week and prorated to a normal weekly
capacity of 6,258,283 feet, the overlapping weeks in eaeb month being also prorated
to obtain a monthly figure.

PLYWOOD *
Bookings

Shipments

Unfilled orders

MONTH, 1925

Square feet of surface
April
May
June
July
August
September
October

_

......

3,610,613
3, 678, 158
3, 855, 390
4, 456, 689
5,014,010
4, 571, 384
5, 512, 061

4, 685, 524
3, 980, 092
4, 420, 218
4, 123, 987
4, 179, 225
4, 973, 545
4, 832, 621

4, 164, 782
4, 255, 887
4, 440, 400
5, 002, 599
6, 416, 777
6, 627, 911
7, 518, 341

1
Compiled by the Plywood Manufacturers' Association from reports of 20 members
(only 18 members in April), of which 2 or 3 report on shipments only. These data
represent the business of building up veneers into plywood of from 3 to 8 thicknesses.
Details as to kinds of wood and nature of cores are shown in the association's report.

15
PACIFIC COAST PLYWOOD 1
MONTH,

August
September
October
.

Bookings (sq.
ft. of surface)

1925

_.

5, 808, 842
7, 471, 473

1
Compiled by the Pacific Coast Plywood Manufacturers' Association from reports
of 6 mills.
>

The production of flooring increased substantially
both from the previous month and from a year ago.
Orders booked and shipments, however, did not keep
pace with production, those for maple flooring declining from the previous month, while orders for oak
flooring showed only a slight increase. Unfilled orders
for flooring declined sharply from September, although
exceeding those at the end of October, 1924.
Production, shipments, and orders of paving brick
declined from the previous month while cancellations were somewhat larger. Production and orders,
however, were larger than for a year ago, only shipments declining from October, 1924. Unfilled orders,
however, were considerably smaller than for either
prior period. A slight increase in the production of
Portland.cement as compared both with the previous
month and a year ago was accompanied by declines
from both periods in shipments which resulted in an
increase in stocks. Cement prices were slightly lower
in the Chicago district although remaining the same
elsewhere.

goods, were considerably larger than a year ago.
Stocks of sanitary ware showed no pronounced tendency, those of baths and lavatories increasing from
the previous month while those of sinks and miscellaneous goods declined. Unfilled orders at the end of
October were uniformly lower than at the end of
either the previous month or of October, 1924. Orders, shipments and stocks of vitreous china sanitary
plumbing fixtures also increased from the previous
month while unfilled orders declined, as shown by the
following table compiled from reports of 35 manufacturers, covering almost the entire industry:
VITREOUS CHINA PLUMBING FIXTURES
(Number of pieces, A grade or regular selection)
MONTH, 1925

July .
August
September
October _

Concrete paving contracts declined sharply from
the previous month and were somewhat smaller than
in October, 1924, although the awards for road building showed a smaller decline than did the total.
Shipments of all classes of enameled sanitary ware,
except miscellaneous goods, increased both from the
previous month and from a year ago. New orders,
on the other hand, were uniformly smaller than in
September but, except in the case of miscellaneous



199, 909
207, 977
191, 831
222, 199

Shipments
266, 987
277, 822
243 515
246, 596

Unfilled
orders
514 062
444, 217
392, 533
368, 136

Stocks on
hand
303 271
308, 105
323 023
369, 022

CHEMICALS AND OILS

Imports of potash and of nitrate of soda were much
smaller than in September, 1925, or October, 1924.
For the first 10 months of this year, however, imports
of each of these commodities showed substantial increases over the corresponding period of last year.
IMPOKTS OF POTASH AND NITRATE OF SODA
[October, 1925, is latest month plotted]

CEMENT: PRODUCTION, SHIPMENTS AND STOCKS
(October, 1925, is latest month plotted)

Orders
received

200

Exports of fertilizer declined from both the previous
month, and a year ago, although the cumulative
exports up to the end of October exceeded those of
last year by 6 per cent. Exports of vegetable dyes
were considerably greater than in September and
almost as large as a year ago. Exports of coal-tar
dyes, on the other hand, declined from the previous

16
month but were larger than a^year ago.| For the year
to date, exports of both vegetable and coal-tar dyes
have been substantially larger than for the corresponding period of last year.
Receipts of turpentine and rosin continued to decline, turpentine receipts also being less than in
October, 1924. Stocksfof rosin also [declined slightly
from the end of September, [and were 21 per cent
less than a year ago. Imports and exports of vegetable oils were much larger in October than in either
the previous month or a year ago, exports for the year
to date increasing over the corresponding period of
last year, while imports declined. Despite a large
seasonal increase in the production of cottonseed oil,
cottonseed stocks continued to mount. Stocks of
cottonseed oil also exceeded those of either the previous month or October, 1924, while the price was less
than in either prior period.
Production, consumption and stocks of acid phosphate increased in October, over a year ago. Details
are given in the following table:
ACID PHOSPHATE 1
IKeduced to tons of 16 per cent available phosphoric acid, which is equivalent to
320 pounds per ton]
August,
1925
United States:
Production
Stocks end of month
Consumption «
Northern States: 8
Production
Stocks, end of month
Consumption8 *
Southern States:
Production
Stocks, end of month
Consumption *

October,
1925

October,
1924

285,003
1, 471, 305
122, 710

301, 347
1, 476, 664
335, 804

372, 044
1, 686, 223
187, 361

328, 343
1, 447, 590
125,069

105, 836
604, 244
92, 724

92, 643
424, 753
280,747

139, 765
503, 748
66, 345

103, 169
481, 826
49, 158

179, 167
867,061
29, 986

_ _ _

September, 1925

208, 704
1,051,911
55, 057

232, 279
1, 182, 475
121, 016

225, 174
965, 764
75, 911

' Compiled by the National Fertilizer Association from reports of acidulators
representing about 80 per cent of the industry; figures in greater detail are obtainable
from the association.
8
Figures computed by adding production to stocks at the beginning of month
and subtracting from this sum the stocks at the end of the month, hence indicating
disappearance or shipments from plants and not, actually, fertilizer used.
8
The south line of Virginia projected westward marks the division between the
northern and southern States for the purposes of this report.

Keceipts of flaxseed at the two northern centers were
less than for either the previous month or a year ago.
Shipments, on the other hand, exceeded those of the
previous month but were much smaller than in October,
1924, while stocks were larger than at the end of either
prior period. Shipments of linseed oil and oil cake
continued to increase seasonally, oil shipments being
smaller and cake shipments larger than a year ago.
CEREALS

The visible supply of wheat in the nited States
was smaller than for either the previous month or a
year ago, while the visible -supply in Canada considerably exceeded that of either comparative period.
Wheat movement also declined sharply both from the
previous month and from October, 1924. Prices
averaged slightly less than in September but were
from 4 to 7 per cent higher than a year ago.



COTTONSEED OIL, PRODUCTION AND STOCKS
[October, 1925, is latest month plotted!

The corn crop, according to the November estimate
of the Department of Agriculture, was 20 per cent
larger than for last year. The October trade in corn,
however, was only slightly larger than in September
and was much smaller than a year ago, while prices
declined from both comparative periods. Trade in*
oats continued to decline seasonally, the receipts
being less than one-half those of a year ago. Chicago
prices of contract grades were only slightly higher
than in September and were 23 per cent less than a
year ago.
Receipts of barley were much smaller than in either
the previous month or a year ago. Exports also
declined from both periods, although, for the first 10
months of 1925, exports were almost double those of
the corresponding period of last year. Barley prices
averaged lower than in either September or October,
1925.
Despite the smaller crop of rye this year, prices
continued to decline, being 34 per cent less than a year
ago. October receipts at the principal markets were
smaller and exports of rye were negligible.
WHEAT: RECEIPTS, EXPORTS AND VISIBLE SUPPLY
lOctober, 1925, is latest month plotted]

17
Shipments of rice from New Orleans continued to
increase, although falling short of October, 1924.
Exports also increased from the previous month but
were much smaller than a year ago.
Car-lot shipments of apples, potatoes, onions, and
citrus fruits increased from the previous month and
except in the case of citrus fruits were larger than a
year ago. Receipts of hay, however, were smaller
than for either prior period.
MEATS AND DAIRY PRODUCTS

The movement and local slaughter of cattle and
calves increased considerably from September and w^as
slightly higher than a year ago. Cold-storage holdings increased over the previous month but were
considerably less than at the end of October, 1924.
Exports, on the other hand, were less than for either
the previous month or a year ago, the cumulative
total for the first 10 months of 1925 also falling
considerably short of the total for the corresponding
period of last year. Beef prices averaged lower than
in September, although they showed an increase over
October, 1924.
The movement and slaughter of hogs continued to
increase seasonally but were 15 per cent less than a
year ago. For the first 10 months of 1925 hog movement and slaughter were 19 per cent less than for the
corresponding period of last year. Exports of pork
products declined in October as compared both with
the previous month and with a year ago, making the
total exports for the first 10 months 30 per cent below
those of last year. Cold-storage holdings continued
to decline and prices of hogs and of pork products were
uniformly lower than in recent months.
PRODUCTION, EXPORTS, AND STORAGE HOLDINGS OF PORK
AND PORK PRODUCTS
[October, 1925, is latest month plotted]

both were 10 per cent above the prices of October,
1924. Poultry receipts continued to increase and
were slightly above those of last year. For the season
thus far, however, receipts of poultry were 12 per
cent less than the corresponding month of last year.
Receipts of butter continued to decline seasonally
but were slightly larger than a year ago. For the first
10 months of 1925,.however, butter receipts were 7
per cent less than for the corresponding period of last
year while cold-storage holdings were 30 per cent
below the holdings on October 31, 1924. The wholesale price of butter increased. Cheese receipts were
slightly larger than in September and were 20 per
cent above those of a year ago. Cold-storage holdings, on the other hand, were less than at the end of
the previous month but higher than in October, 1924.
A slight advance occurred in the wholesale price over
September, and it was 28 per cent higher than a year
ago.
Egg receipts and stocks continued to decline
seasonally, the October receipts being lighter but the
stocks larger than a year ago.
Exports of condensed milk were larger and those of
evaporated and powdered milk were smaller than for
the previous month, all classes of milk exports being
smaller than a year ago,
SUGAR AND COFFEE

Despite the decline in imports of sugar from both
the previous month and a year ago, the total imports
for the first 10 months of 1925 were 5 per cent larger
than for the corresponding months of last year. The
cumulative total of meltings also exceeded those of
last year and exports of refined sugar were more than
50 per cent in excess of a year ago. Sugar stocks at
refineries continued to decline seasonally, but were
larger than on October 31, 1924. •
Prices averaged slightly less than in September and
considerably less than a year ago. Stocks of Cuban
sugar continued to decline but were three times as
large as at the end of last October, despite the fact
that exports from Cuba for the first 10 months of
1925 were 12 per cent larger than for the corresponding
months of last year.
RAW SUGAR: IMPORTS, MELTINGS, AND REFINERY STOCKS
[October, 1925, is latest month plotted]

The movement of sheep continued to increase
seasonally, while local slaughter declined both from
the previous month and from a year ago. Cold-storage
holdings were seasonally larger than at the end of
September but less than half those of a year ago.
Prices of ewes averaged slightly higher and those of
lambs slightly lower than for September, although


71921—25


3

18
Imports of coffee for the season thus far were 16 per
cent less than for the corresponding period of last year.
Keceipts of Brazilian coffee were less and shipments
greater than in September, while both receipts and
shipments were less than a year ago. For the year
thus far, the movement of Brazilian coffee has been
considerably less than for the corresponding period
of last year.
Tea imports were larger than in either the previous
month or in October, 1924, making the 10-month
total 9 per cent larger than for the corresponding
period of last year.

RAILROADS

Carloadings for the five weeks ending in October
were slightly larger than for the corresponding weeks
of last year, despite declines in carloadings of grain
and of coal as compared with a year ago.
SHORTAGE, SURPLUS, AND BAD-ORDER FREIGHT CARS
[October, 1925, is latest month plotted]

TOBACCO

Tobacco consumption increased both from the
previous month and from a year ago, with the exception of cigarettes, the consumption of which was
slightly smaller than in September. Exports were*
larger than in September but less than a year ago.
k Estimates of the tobacco crop by the Department of
Agriculture indicated a somewhat larger crop than
last year, but, in the face of this, prices remained
steady.
SHIPPING

Shipments of locomotives by the principal manufacturers were less than either the previous month or for
a year ago. New orders, however, increased so that
the unfilled orders at the end of October were at the
highest point since July, 1924.

Vessel construction in October declined somewhat
from the previous month but was considerably larger
than a }^ear ago. For the year to date, however, the
DISTRIBUTION MOVEMENT
total tonnage of vessels completed exceeded that of
last year, the increase in the tonnage of steel seagoing
Sales by the leading mail-order houses were 50 per
vessels more than offsetting the decline in the tonnage cent greater than in September and 27 per cent above
of other vessels. The tonnage clearances of vessels those of a year ago. The five-and-ten-cent stores
engaged in foreign trade exceeded those of the previous showed increases in sales of from 18 to 27 per cent
month but were slightly less than a year ago, increases over the previous month and were also considerably
in clearances of American vessels more than off- larger than in October, 1924. During the first 10
setting the decline in clearances of vessels of foreign months of 1925, sales of the leading mail-order houses
registry. River traffic was active during the month, and chain stores totaled from 11 to 17 per cent greater
the tonnage carried from Pittsburgh to Wheeling being than for the corresponding months of last year.
considerably larger than for either the previous month ' Magazine and newspaper advertising in October exor a year ago.
ceeded that of the previous month by more than 20
LOCOMOTIVE SHIPMENTS AND UNFILLED ORDERS
[October, 1925, is latest month plotted]
4,000




1925

19
per cent and was also considerably greater than in
October, 1924. The following table shows the class
and amount of national advertising in newspapers of
44 identical cities, as compiled by Printers Ink.
NATIONAL ADVERTISING IN

NEWSPAPERS

[Number of lines for 44 identical cities]
June
Total

July

August

Sept.

October

24, 030, 002 18, 933, 978 20, 379, 631 24, 668, 100 31, 358, 856

Automobile advertising
Automobile accessories
Cigars, cigarettes, and tobacco.
Financial
Food, groceries, beverages

3, 299, 019
1, 749, 082
1, 210, 447
1, 074, 855
4, 269, 249

3, 849, 085
1, 382, 178
1, 331, 776
996, 762
3,971,791

6, 275, 985 5, 246, 217 5, 616, 488
1, 244, 408 1, 488, 319 1, 375, 948
1, 048, 335
891, 552 1,838,196
902, 686 1, 022, 765
G53, 293
2, 602, 860 2, 922, 431 4, 606, 185

Hotels and resorts
. __ _
Household furniture
Men's clothing.
._ ._ _
Musical instruments
Radio and electrical _ _

952, 702
425, 731
506, 933
106, 665
406, 587

883, 297
204, 856
208, 872
38, 370
292, 397

464, 355
221, 432
290, 611
425, 846 1, 037, 279 1, 153, 148
74, 563
393, 280
577, 893
49, 372
69, 341
231, 593
312, 430
743, 807 1, 121, 402

Railroads and steamships
2, 530, 307 2, 010, 835 1, 570, 418 1, 474, 620 1, 466, 963
Shoes
246, 211
132, 712
42, 479
294, 421
243, 691
Toilet articles and medical
preparations
3, 561, 249 3, 367, 983 2, 990, 192 3, 843, 537 6, 302, 583
Women's wear
_
84, 467
34, 003
31, 204
238, 496
422, 289
Miscellaneous
229, 061 2, 593, 891 4, 696, 639 5, 038, 371
3, 606, 498

Postal receipts were considerably larger in October
than in either the previous month or the corresponding month a year ago. For the year to date the postal
receipts in the large cities exceeded the corresponding
1924 period by more than 8 per cent.
SALES BY MAIL-ORDER HOUSES AND TEN-CENT CHAIN STORES
[October, 1925, isl atest month plotted]

Tax receipts on fire-arm sales were 8 per cent less
than in September and 24 per cent less than a year
ago. For the first 10 months of this year, however,
the sales of fire-arms exceeded those of last year by 10
per cent. Receipts from taxes on theater admissions
and on stock issues, transfers, and conveyances were
much larger in October than in either the previous
month or a year ago.
LIFE INSURANCE

October sales of life insurance showed a pronounced
increase over those of the previous month or a year
ago, all classes of policies participating in this increase,
with the exception of a decline in the amount of group
insurance as compared with October, 1924. For the
year to date, the number of new policies was 14 per



cent and the amount 20 per cent greater than for the
first 10 months of last year. By districts the sale
of ordinary life insurance made the greatest gain
from the previous month in the western manufacturing district. Compared with a year ago, however, the
southern district showed the greatest gain, while for
the year to date the western agricultural district
recorded the greatest and the southern district the
least increase over the corresponding months of last
year.
October premium collections increased considerably
from the previous month and from October, 1924,
premiums from group insurance showing the largest
percentage of gain from each prior period. The assets
of life insurance companies continued to increase and
showed little change in composition, except in the
slight decline in holdings of Government bonds.
BANKING

Check payments, both for New York City and for
the country outside, increased substantially from the
previous month, while for the year to date New York
check payments were 20 per cent greater and those
outside New York 13 per cent greater than for the
corresponding period of last year.
Federal reserve discounts were 7 per cent smaller at
the end of October than a month previous, but were
more than two and a half times as large as in October, 1924. Notes in circulation, investments and
reserves were slightly larger than at the end of September, but considerably less than a year ago, while
deposits were slightly larger than for either comparative period. The reserve ratio remained the same as
in the previous month, but was considerably lower
than at this time last year.
Little change took place in the financial condition
of member banks, all items showing a slight increase
from the previous month and only investments being
less than a year ago. Interest rates continued to
rise, the rate for call money averaging double that of
a year ago, while commercial paper was 40 per cent
higher.
LOANS,

DISCOUNTS, AND TOTAL INVESTMENTS OF FEDERAL
RESERVE MEMBER BANKS
[October, 1925, is latest month plotted]

20

Savings deposits increased in October throughout
a considerable section of the country, declines taking
place only in the New York, St. Louis, Kansas City,
and San Francisco districts. Compared with a year
ago, all sections of the country showed increases.
Agricultural financing during October showed slight
increases in the outstanding loans of all agencies
except the War Finance Corporation.
PUBLIC FINANCE

The outstanding Government debt continued to
decline, while money in circulation increased. October customs receipts were larger than for either the
previous month or a year ago, although for the 10
months thus far the total was only 2 per cent above

that of last year. For the year to date total ordinary
receipts were 4 per cent less and expenditures 6 per
cent greater than for the corresponding period of last
year.
CORPORATE FINANCE

The number of business failures was greater in
October than in the previous month, all classes of
firms participating in the increase, except agents and
brokers, which remained the same. The liabilities
of defaulting concerns, however, continued to decline,
despite an increase in the liabilities of manufacturing
establishments. Over the 10-month period an increase in the number of failures was accompanied by
a decline of 20 per cent in the liabilities of failing
concerns.

BUSINESS FAILURES, BY CLASSES OF ESTABLISHMENTS
[Data plotted are 12 months' moving monthly averages. October, 1925, is latest month plotted]

BROKEN LINES DENOTE
MANUFACTURING ESTABLISHMENTS

Dividend payments in October were 9 per cent
greater than a year ago, street railway companies
making the greatest relative gain. For the year to
date dividend payments increased 5 per cent and
interest payments 6 per cent over the corresponding
period of last year.
Prices of stocks averaged considerably higher during
October than during either the previous month or a
year ago, the greatest increase from either period
being shown in industrial stocks. Sales of stocks




on the New York Exchange continued to increase
and were almost three times as large as in October,
1924. Bond prices showed little change, although
the prices of all classes except industrial bonds averaged slightly less than in the previous month. Bond
sales were larger than in September for both Government and miscellaneous issues, but were less than a
year ago, due to the smaller number of Government
bonds sold.

21
GOLD AND SILVER

The October receipts of gold at the mint were 64
per cent greater than those of the previous month
and were slightly larger than a year ago, although
the cumulative total for the year remained 3 per cent
less than for the corresponding months of 1924. The
Rand output was slightly larger than in September
and smaller than a year ago. Imports and exports
of gold were both much larger than for either the
previous month or for October, 1924.
GOLD TRADE BALANCE, SHOWING EXCESS OF IMPOHTS AND
EXPORTS
[October, 1925, is latest month plotted]

imports being 11 per cent less and exports 7 per cent
less than for the corresponding months of last year.
Silver prices averaged slightly less than in September,
but slightly higher than a year ago.
FOREIGN EXCHANGE AND TRADE

Rates of exchange with England, France, and Italy
declined from the previous month, while those with
the other principal countries remained stationary
or increased, Brazilian exchange showing the greatest
gain. All countries showed increases in the rate of
exchange as compared with October, 1924, with the
exception of France, Italy, and Belgium. Both
imports and exports of merchandise increased over
the previous month, imports being larger and exports
smaller than a year ago.
IMPORTS AND EXPORTS OF MERCHANDISE
[October, 1925, is latest month plotted]

Silver production was slightly larger than in September, but 12 per cent less than a year ago, the cumulative production being 2 per cent less than for the
corresponding months of last year. Imports and
exports of silver increased substantially over September, but were smaller than a year ago, cumulative

I

1920

192!

APPARENT CONSUMPTION OF BUTTER
1917

1918

1919

1920

1921

1922

1923

1924

1925

MONTH
Thousands of pounds
January ..
February
March _
April

113, 449
103, 002
118, 331
126, 293

_
_

May
June
July
\ugust

-

September
October
.
November
December

_ _ _
_

-.

Monthly average

_.

108, 540
89, 522
96, 887
113, 123

98, 853
93, 511
111,362
115, 567

103, 830
96, 882
108, 363
121, 277

118, 793
108, 397
126, 575
139, 511

125, 824
114, 948
134, 488
138, 617

133, 001
116, 821
135, 855
148, 133

142, 949
130, 846
140, 809
154, 822

138, 884
127, 753
143, 108
150,604

167,464
174, 582
161, 394
156, 273

158,
158,
141,
145,

741
326
098
589

161,573
148, 898
153, 579
146, 659

155, 916
164, 201
148, 557
147, 110

175, 366
173, 176
166, 677
167, 613

190, 141
175, 053
170, 247
167, 365

184, 706
186, 512
181, 754
182, 195

191, 908
187, 201
176, 275
175, 439

195, 286
179, 629
170, 728
177, 438

151, 301
132, 780
119, 207
133, 227

143, 071
121, 727
100, 783
108, 146

136, 601
131, 870
115, 998
107, 657

137, 956
129, 568
120, 211
119,719

146, 475
146, 782
124, 883
131, 485

158, 980
152, 601
133, 983
133, 806

161, 127
155, 672
141, 285
139, 709

167, 540
161, 158
148, 757
156, 398

172, 328
163, 609

138, 109

123,796

126,844

129, 466

143, 811

149, 671

155, 564

161, 175

i Compiled by V. S. Department of Agriculture, Bureau of Agricultural Economics, representing the disappearance of butter into trade These data are computed from
production (comprising actual factory data plus allowance for production on farms), imports, and the difference in cold-storage holdings.




22

EVAPORATED AND CONDENSED MILK—WHOLESALE PRICES
1913

1914

1915

1916

1917

MONTH

1918

1919

1930

1921

1933

1924

1925

$4.83
4.73
4.74
4.71

1933

$4.61
4.64
4.57
4.24

$4.16
4.18
4.16
4.08

4.66
4.68
4.73
4.71

4.18
4.07
3.87
3.88

4.09
4.33
4.46
4.51
4.49
4.49

EVAPORATED MILK
Price per case of 48 16-ounce tins, New York (dollars per case) 1
$3.50
3.50
3.50
3.50

$3.60
3.60
3.60
3.25

$3.00
3.00
3.00
3.00

$3.50
3.50
3.50
3.50

$4.46
4.65
4.67
4.88

$5. 75
5.58
5.25
5.13

$6. 88
6.56
5.59
5.63

$6.19
6.72
5.73
5.28

$5.03
5.25
5.55
5.78

$4.17
3.85
3.91
3.85

IVtay
June
July
August

3.50
3.50
3.50
3.52

3.25
3.25
3.25
3.42

3.00
3.00
3.00
3.00

3.58
3.65
3.65
3.73

5.13
5.40
5.50
5.50

4.88
4.50
5.13
5.70

5.81
6.14
6.55
6.75

6.03
6.25
6.10
6.48

5.75
5.22
4.83
5.09

3.82
3.85
3.91
3.99

September
October
November
December

3.60
3.60
3.60
3.60

3.50
3.50
3.50
3.25

3.00
3.16
3.25
3.45

3.75
3.96
4.15
4.40

5.50
5.50
5.56
5.75

6.00
6.50
6.84
6.88

6.65
6.56
6.81
6.34

6.19
5.84
5.80
5.47

4.88
4.84
4.65
4.20

4.09
4.44
4.88
4.93

4.68
4.70
4.70
4.61

3.92
3.89
3.92
3.99

Monthly average

3.54

3.41

3. 07

3. 74

5.21

5.68

6.36

6.01

5.10

4.14

4.71

4.15

January
February
March
April

-

.

CONDENSED MILK
Pricejper case of 48 14-ounce tins, New York (dollars per case) 1
$4.70
4.70
4.70
4.70

$4.70
4.50
4.50
4.50

$4.50
4.50
4.53
4.60

$4.95
4.95
4.95
5.15

4.70
4.70
4.70
4.70

4.50
4.50
4.50
4.50

4.60
4.60
4.60
4.60

5.23
5.25
5.25
5.25

September
October
November
December

4.70
4.70
4.70
4.70

4.75
4.75
4.50
4.50

4.60
4.68
4.70
4.90

Monthly average

4.70

4.56

4.62

January
February
March
\pril
May
June
July
\ugust

r-

1

- -

$7.56
7.68
7.52
7.00

$8.18
8.08
7.44
7.49

$9.06
8.31
8.13
8.63

$10. 75
9.13
8.00
7.38

$5.28
5.00
4.73
5.00

$6. 15
6.15
6.24
6.24

$6.29
6.30
6.28
6.20

$5.88
5.88
5.88
5.88

7.00 *
7.00
7.00
7.00

6.75
6.50
6.84
7.25

7.73
8.06
8.33
8.50

9.25
10.55
10.22
9.95

7.13
6.81
5.88
6.45

4.88
4.88
4.93
5.15

6.27
6.28
6.33
6.33

6.08
5.90
5.63
5.75

5.88
5.88
5.86
5.85

5.25
5.50
5.80
5.80

7.00
7.00
7.13
7.50

7.35
7. 73
8.10
8.10

8.30
8.61
8.99
8.82

9.72
9.19
10.50
10.50

6.08
6.04
5.88
5.43

5.29
5.72
6.11
6.00

6.20
6.20
6.26
6.28

5.81
5.85
5.85
5.87

5.88
6.03

5.28

6.80

7.37

8.21

9.50

7.06

5.25

6.24

5.99

$5.86
6.05
6.41
6.63

Averageof weekly prices compiled by U. S. Department of Labor, Bureau of Labor Statistics.

MONTHLY WHOLESALE PRICES OF PRINT CLOTH
64 by 60, 38^ inches, 5.35 yards to the pound, New York *
1913

19U

1915

1916

1917

1919

1918

1920

1921

1922

1923

1924

1925

MONTH
Dollars per yard
$0.053
.053
.053
.052

$0. 053
.052
.051
. 050

$0. 038
.038
.038
.041

$0.048
.048
.051
.054

$0. 075
.064
.076
.086

$0. 120
.137
.163
.182

$0. 109
.082
.093
.110

$0.228
.225
.237
.258

$0. 085
.078
.066
.066

$0. 086
.079
.076
.075

$0. 107
.100
.113
.108

$0. 105
.097
.089
.091

.050
.051
.051
.049

.049
.050
.049
.044

.047
.039
.038
.037

.057
.055
.058
.061

.088
.104
.106
.104

.181
.186
.160
.155

.134
.156
.180
.166

.236
.230
.188
.163

.067
.065
.066
.073

.081
.084
.086
.085

.100
.098
.088
.089

.089
.091
.091
.093

.093
.093
.095
.096

_

.054
.057
.057
.055

.040
.037
.037
.036

.041
.045
.044
.046

.065
.074
.080
.076

.095
.107
.113
.120

.155
.155
.155
.155

.156
.177
.188
.201

.145
.108
.088
.080

.090
.093
.090
.087

.089
.093
.099
.100

.100
.099
.108
.112

. 087
.087
.090
.090

.098
.097

Monthly average

.053

.046

.041

.061

.095

.159

.146

.182

.077

.086

.103

.091

January
February
March.
April

_

May
June.—
July
August

September
October
November
December

1

Average of weekly prices compiled by U. S. Department of Labor, Bureau of Labor Statistics.




$0. 092
.095
.096
.094 |

23

INDEXES OF BUSINESS
The index numbers presented in this table are designed to show the trend in production, prices, trade,
etc., in various groups of industry and commerce. They consist in general of weighted combinations of series
of individual relative numbers; often the individual relative numbers making up the series are also given. The
function of index and relative numbers is explained on the inside front cover. A condensed form of this table
is given on page 7.
PER CENT INCREASE (+)
OR DECREASE (~)

1925

1924

Maximum
since
Jan. 1,
1920

Minimum
since
Jan. 1,
1920

179

73

131

153

179

114

150

156

+ 4.0

-13.8

146
216
137
121
241
148
185
136
131
145

62
105
41
0
0
17
74
38
57
80

133
196
93
97
85
132
158
102
94
115

138
189
109
104
78
126
166
99
109
117

135
190
125
105
71
137
168
112
129
119

143
212
116
121
109
135
164
122
89
105

135
205
121
5
94
134
157
125
80
103

133
204
137
1
89
140
185
124
130
104

+5.6
-0. 5
+ 13.2
-80. 0
-5.3
+ 4. 5
+ 17.8
-0.8
+ 62. 5
+ 1.0

-3.3
+ 7.4
+ 9.6
-99.0
+ 25.4
+ 2. 2
+ 10. 1
+ 10. 7
+ 0.8

138
227
143
177
153
245
390
163
190

&0
19
58
64
54
30
21
45
94

108
183
94
86
89
89
92
115
141

110
83
125
86
134
73
100
115
134

113
62
133
107
146
62
138
117
136

107
115
109
68
91
88
88
155
143

105
42
105
73
116
78
95
162
141

115
33
136
91
141
60
139
122
138

+9.5
-21.4
+ 29. 5
+ 24. 7
+ 21.6
-2. 6
+ 146. 3
-24.7
-2. 1

+ 3.7
-46.8
+ 2.3
-15. 0
-3.4
-3.2
+ 0. 7
+ 4.3
+ 1.5

246
242
254
405
310
170

49
43
58
50
19
19

129
227
107
163
38
43

193
231
161
260
175
88

346
242
228
357
278
120

106
138
105
152
75
56

191
156
199
332
234
110

196
106
234
274
310
114

+3.6
-32.1
+ 17.6
. -17.5
+ 32.5
+ 3.6

30.3
-56.2
+ 2.6
-23.2
+ 11.5
-5.0

185
137
164
267
149

61
59
51
20
24

134
122
90
245
89

119
118
96
215
88

133
121
121
169
98

131
135
59
231
106

139
132
72
216
104

135
137
103
178
100

+4.7
+ 3.8
+ 43.1
-17.6
-3.8

+9.8
+ 13.2
14.9
+ 5.3
+2.0

133
137
129
130
147
166
115
121
188
164
195
132
148

64
77
54
32
57
63
69
92
69
71
70
37

71

109
109
117
78
87
138
81
102
143
141
165
115
111

114
114
112
92
95
135
87
102
148
134
164
118
120

116
131
112
111
105
144
96
113
165
143
163
123
121

131
131
108
91
116
160
90
106
171
162
186
120
118

133
133
106
97
118
158
89
106
174
148
183
123
118

133
137
112
108
130
166
96
118
188
164
191
132
148

+8.3
+13.3
+ 5.7
+ 11.3
+ 10.2
+ 5.1
+ 7.9
+ 11.3
+ 8.0
+ 10.8
+ 4.4
+ 7.3
+ 25.4

+13.8
+ 13.3
0.0
-2.7
+ 23.8
+ 15.3
0.0
+ 4.4
+ 13.9
+ 14.7
+ 17.2
+ 7.3
+22.3

t

August temb'er

October

SepAugust tember October

October,
1925, from
September,
1925

October, 1925,
from October,
1924

PRODUCTION
(Relative to 19l9 monthly average as 100)
BAW MATERIALS

Grand total
MINERALS

Total
Petroleum.
Bituminous coal
Anthracite coal
Iron ore *
..
CoDDer . _ .
.. .

I*£L .:.::::
Zinc

_ -

:....:...

Gold
Silver

1o a

ANIMAL PRODUCTS (marketings)
Total
Wool*

_

Cattle and calves
Hogs
Sheep
Eggs *
Poultry *
Pieh
Milk (New York) ..

u

CROPS (marketings)
Total
Grains*

Vegetables *
Fruits *
Cotton products *
Miscellaneous crops *

.

FOREST PRODUCTS

Total
Lumber
Pulpwood. . . .
Gum (rosin and turpentine) *
Distilled wood
___
MANUFACTURING

Grand total (adjusted for working days),
Grand total (unadjusted)
.
Foodstuffs

Textiles
Iron and steel
_.
Lumber
Leather...
Paper and printing
Chemicals, oils, etc
Stone and clay products
Metals, excepting iron and steel.
Tobacco . ..
Miscellaneous... . . . .
..

uations between maximum and minimum due largely to seasonal conditions.




24

INDEXES OF BUSINESS—Continued
Maiimum
since
Jan. 1,
1920

Minimum
since
Jan. 1,
1920

SepAugust tember

PEE CENT INCREASE (+)
OR DECREASE (-)

1925

1924

October

October

SepAugust tember

October,
1925, from
September,
1925

October,
1925, from
October,
1924

ji
1

STOCKS
(Relative to 1910 monthly average as 100)
(Corrected for seasonal variation)

Total
Raw foodstuffs
Raw materials for manufactur6
Manufactured foodstuffs
Manufactured commodities
(Unadjusted Index)
Total
Raw foodstuffs
Raw materials for manufacture
Manufactured foodstuffs
Manufactured commodities
UNFILLED ORDERS

153
233
189
115
183

135
147
130
86
160

142
158
124
78
183

149
160
161
79
181

133
113
151
77
176

-10.7
-29.4
-6.2
+ 2.5
— 2.8

-1.5
-23. 1
+ 16.2
-5.8
+ 10.0

K4
70
68
56
88

120
114
83
102
159

127
119
116
100
157

142
145
168
93
157

125
118
93
91
171

140
133
159
87
171

143
120
201
79
171

+2.1
-9.8
+ 26.4
-9.2
0.0

+ 0.7
-17.3
+ 19.6
-13.2
+ 8.9

40
32
25

46
32
107

46
34
97

43
34
81

52
36
121

52
38
109

53
43
94

+1.9
+ 13.2
-13. 8

+ 23.3
+ 26.5
+ 16.0

60
59
43
62
88
58
46

83
93
56
83
107
102
68

92
106
•69
93
117
116
71

95
110
67
100
128
104
78

87
98
65
83
108
106
78

94
109
72
92
120
112
82

101
122
77
98
132 !
117
89

+ 7.4
+ 6.3
+ 11.9 + 10.9
+ 6. 9 + 14.9
-2. 0
+ 6. 5
+ 10.0
+ 3. 1
+ 4.5 + 12. 5
+ 8.5 ^+14. 1

170

49

74

106

141

89

113

170

+50.4

+ 20.6

366
214
315
187
193
282
186

84
55
119
109
106
109
72

172
91
201
152
138
180
108

169
110
210
145
137
189
124

203
124
240
159
144
199
138

195
128
243
171
142
202
120

191
136
243
169
142
202
129

237
141
315
179
151
215
164

+ 24. 1
+ 3.7
+ 29.6
+ 5.9
+ 6.3
+ 6.4
+ 27. 1

+ 16.7
+ 13.7
+ 31.3
+ 12.6
+ 4.9
+ 8. 0
+ 18.8

210
151

_

134
145
118
90
165

126
129
136
135
133
150
1
89

-

133
156
100
87
164

116
112
153

- _ -

91
73
89
58
86

162
236
201
115
177

-

80
100

93
126

119
137

141
147

98
131

122
143

164
149

+ 34.4
+ 4.2

+ 16.3
+ 1. 4

85
95
81
79
93
87
98
84
96
81
93
84
80

87
97
84
80
93
91
100
88
95
79
95
84
82

1
88 i
97 i
86
81
94
92
101
89
95
85
88
85
84

90
90
87
85
93
93
99
91
99
91
90
91
90

91
92
87
86
94
95
100
97
100
94
92
92
90

92
95
90
87
94
95
102
98
101
99
95
95
89

+1.1
+ 3.3
+ 3.4
+ 1.2
0.0
0.0
+ 2.0
+ 1.0
+ 1.0
+ 5.3
+ 3.3
+ 3.3
-1. 1

+ 4.5
-2. 1
+ 4.7
+ 7.4
0.0
+ 3.3
+ 1.0
+ 10. 1
+ 6.3
+ 16.5
+ 8.0
+ 11.8
+ 6.0

(Relative to 1020 monthly average aa 100)
(Iron, Steel, and Building Materials)

Total (8 commodities)
_
Iron and steel
Building materials
WHOLESALE TRADE
(Relative to 1919 monthly average as 100)
(Distributed by Federal Reserve Districts)

Grand total all classes
Hardware (10 districts)
Shoes (8 districts) .
Groceries (11 districts)
Drugs (7 districts)
.
Dry goods (8 districts)
Meats
RETAIL TRADE

.

(Relative to 1919 monthly average as 100)
MAIL-ORDER HOUSES (4 houses)

CHAIN STORES:
Ten-cent (5 chains) _ > _ _
Music (4 chains)
...
Grocery (27 chains)
Drug (9 chains)
Cigar (3 chains)*
Candy ( 5 chains) _ _ . .
Shoe (6 chains)
DEPARTMENT STORES:
Sales (359 stores)
_ „ .
Stocks (314 stores)
EMPLOYMENT

„.

.

(Relative to 1923 monthly average as 100)

Number employed, by industries:
Total, all classes
Food products
Textiles
Iron and steel
Lumber
Leather.
Paper and printing
Chemicals
Stone, clay, and glass
.
Metals, except iron and steel
Tobacco products
Vehicles
Miscellaneous ._
i Since Jan. 1, 1921,




.

.

25
INDEXES OF BUSINESS—Continued
Minimum
since
Jan. 1,
1920

PFR CENT INCREAS E (+)
OR DECREASE (— )

1925

1924

Maximum
since
Jan. 1,
1920

October

August

September

84
96
78
76
93
87
97
87
98
72
93
81
82

86
100
84
77
96
91
101
89
98
74
97
82
85

89
97
87
81
98
92 i
103
90 i
101
77
88
87
84

October,
1925, from
September,
1925

October,
1925, from
October,
1924

SepAugust tember

October

91
93
87
87
97
94
102
94
105
89
92
90
93

90
93
83
85
100
91
103
96
103
87
92
91
91

96
98
90
92
102
92
108
100
109
102
99
100
93

+ 6.7
+ 5.4
+ 8.4
+ 8. 2
+ 2.0
+ 1. 1
+ 4. 9
+ 4.2
+ 5.8
+ 17.2
+ 7.6
+ 9.9
+ 2. 2

+ 7. 9
+ 1.0
+ 3.4
+ 13. 6
+ 4. 1
0.0
+ 4. 9
+ 11.1
+ 7.9
+ 32. 5
+ 12. 5
+ 14. 9
+ 10.7

+ 3.6
-10. 0
+ 39.4
+ 16.5
+ 8. 5
-6.0
-11.8

EMPLOYMENT— Continued
(Relative to 1923 monthly average as 100)

Amount of pay roll, by industries:
Total all classes
Food products
Textiles
Iron and steel
_
Lumber
Leather
_
Paper arid printing
Chemicals
_
_
^
Stone clay and glass
Metals, except iron and steel
Tobacco products
_ _
Vehicles
_ __ _ _
Miscellaneous
PRICE INDEX NUMBERS

- - i
|
_

FARM PRICES
(Relative to 1909-1914 average as 100)
All groups
..
.

Grain _ _
Fruits and vegetables
Meat animals
Dairy and poultry.,
Cotton and cotton seed
Unclassified

_-_

2S5
283
373
186
215
304
180

110
88
108
91
122
76
74

139
141
138
116
123
219
103

132
140
113
115
133
175
100

138
150
109
121
142 1
182 1
102 1

152
157
178
149
139
186
96

144
148
142
143
141
178
90

143
135
152
141
154
171
90

-0. 7
-8.8
+ 7. 0
-1.4
+ 9.2
-3.9
0.0

_ _ _ ...

248
243
248
346
281
203
300
213
275
208

138
114
131
171
162
109
155
121
168
111

150
145
144
190
170
130
169
130
171
115

149
143
148
187
168
128
171
131
171
116

153
149
152
188
162
127
171
132
171
120

160
163
159
190
170
127
172
135
169
138

160
160
160
189
170
127
174
136
168
135

158
155
158
190
172
128
174
335
168
138

+ 3.9
-1.3
+ 4.0
-3: 1
+ 3.9
-1.2
+ 0. 5
+ 1. 1
+ 6.2
+ 1.2
+ 0. 8
+ 0.8
+ 1.8
0.0
+ 2.3
-0.7
0 . 0 - — 1. 8
+ 2.2 + 15.0

247
244
249

138
118
146

150
131
156

149
130
158

160
134
168

160
131
169

158
133
166

249
311
218
375
272

185
122
103
152
165

154
175
123
175
166

153
164
123
180
166

152
129
161
156
172
130
181
165

168
175
155
185
170

166
169
155
184
172

163
162
147
184
174

-1.3
+ 1.5
-1.8
-3.4
-4. 1
-5.2
0.0
+ 1.2

+ 3.9
+ 3.1
+ 3.1
+ 3.8
-5.8
+ 13. 1
+ 1.7
+ 5. 5

218
227

134
115

156
139

158
141

160
145

162
153

161
154

163
155

+ 1.2
+ 0.6

+ 1.9
+ 6.9

205
219
186
288
200
192

155
139
143
153
149
171

163
144
186
176
166
173

164
147
185
174
166
173

165
149
185
177
167
173

169
160
179
175
166
175

168
159
178
176
168
174

170
162
178
176
170
174

+1.3
+ 1.9
0.0
0.0
+ 1.2
0.0

+ 3.0
+ 8.7
-3.8
-0.6
+ 1.8
+ 0.6

„
__
„

„

WHOLESALE PRICES
Department of Labor Indexes

(Relative to 1913)
All commodities
„_
Farm products
Food, etc
Cloths and clothing
Fuel and lighting
Metals and metal products
Building materials
Chemicals
._
House-furnishing goods
Miscellaneous

federal Reserve Board Regrouping of Department
of Labor Indexes

(Relative to 19i3)
All commodities
Producers' goods
Consumers' goods
Total raw products
Agricultural products
Animal products
Forest products
Mineral products
Commercial Indexes

(Relative to 1913)
Dun's (1st of following month). .
Bradstreet's (1st of following month)
COST OP LIVING
National Industrial Conference Board Indexes

(Relative to July, 1914)
All items weighted
Food (Dept. Labor)
Shelter
Clothing
Fuel and light
Sundries




_
__

26

TREND OF BUSINESS MOVEMENTS
The following table contains a summary of the monthly figures, designed to show the trend in important
industrial and commercial movements. These data represent continuations of the figures presented in the
latest semiannual number (August, 1925), in which monthly figures for 1924 and 1925 may be found, together
with explanations as to the source and exact extent of the figures quoted. The figures given below should
always be read in connection with those explanations. Data on stocks, unfilled orders, etc., are given as of the
end of the month referred to. For explanations of relative numbers, including base periods, see introduction
on inside front cover.
1925

Where available November data have been
included in this table. The cumulative* shown are in most instances,
however, only through October and,
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29
to 151 of the August, 1925, "Survey"

August

Septem- October
ber

PER CENT INCREASE (+) OR
DECREASE (— )

1924

November

TEXTILES
Wool
Receipts at Boston:
34, 998
20, 403
17, 406
Total
thous. of Ibs
20, 559
7,453
5,885
Domestic .
thous. of Ibs
14, 439
12, 950
11,421
Foreign
thous. of Ibs
18, 948
23, 920
Imports, unmanufactured...
thous. of lbs_. 34, 449
Consumption by textile mills,
42, 149
44, 383
47, 327
grease equivalent . _
thous. of Ibs
Stocks (quarterly), grease equivalent:
Total
_
thous. of Ibs.. i 382, 596 2 373, 010
2
Held by manufacturers
thous. of lbs_. i 179, 203 2 182, 506
Held by dealers
thous. of lbs__ - 203, 394 190, 504
Machinery activity, hourly:
Looms —
63
69
72
Wide
...per ct. of hours active..
57
61
67
Narrow
per ct of hours active
68
65
64
Carpet and rug. per ct. of hours active..
82
85
Sets of cards
per ct of hours active
81
77
79
88
Combs
per ct. of hours active
Spinning spindles —
79
82
82
Woolen
per ct. of hours active
65
70
80
Worsted
per ct. of hours active
Prices:
Raw, Ohio,
.51
.50
.51
K blood, unwashed
dolls. perlb__
Raw, territory fine,
1.31
1.28
1.32
scoured
dolls, per lb._
1.650
1.650
Worsted yarn
dolls, per lb._
1.650
Women's dress goods, French
.800
.800
.800
serge
dolls per yd *
3.600
3.600
Men's suitings
dolls, per yd...
3.600
Cotton
13, 740
14, 759
15, 386
Production, crop estimate
thous. of bales
1,893
7,102
11,199
Ginnings (cumulative) .
thous. of bales
780
2,332
Receipts into sight
thous. of bales
3,149
9,266
15, 121
Imports, unmanufactured
bales
12, 402
Exports, unmanufactured
(including linters)
bales.. 315, 825 752, 324 1,421,482
448, 665
483, 266
Consumption by textile mills
bales
543, 679
Stocks, end of month:
1,721
4,004
5, 716
Total, mills and w'houses.-.thous. of bales681
866
Mills
.
thous. of bales
1,216
1,040
4,499
3,138
Warehouses
thous. of bales
1,099
2,805
4,115
World visible, American. .. thous. of bales..
2,232
Wor,d visible, total
thous. of bales
3,883
5,194
Machinery activity of spindles:
Active spindles
thousands . . 31, 270
31, 552
32, 425
6,954
7,102
7,962
Total activity
millions of hours..
184
Activity per spindle
. hours
188
210
80.5
83.8
89.4
Per cent of capacity
.percent..
Cotton fmishmg:
Billings, finished goods (as
produced) __
thous. of yds.. 63, 994
72, 257
85, 859
Orders received,
grey yardage.
thous. of yds.. 69, 176
81, 079
85, 907
37, 903
Shipments finished goods
cases
42, 608
47, 556
Stocks, finished goods
cases
41, 151
40, 711
39, 917
50
Operating activity
per ct. of capacity..
58
67
Manufactured goods:
44, 502
Cotton cloth exports
thous. of sq. yds
42, 366
44, 887
Fabric consumption
by tire manufacturers
thous. of lbs__ 15, 758
14, 025
12,446
12,014
Elastic webbing sales
thous. of yds
12, 129
13, 637
Fine cotton goods:
Production..
pieces.. 402, 103 371, 500 452, 552
288, 439
Sales
...pieces
488, 596
348, 524
Prices:
.234
Raw cotton to producer
dolls, per lb__
.225
.215
.238
Raw cotton, New York
dolls, per lb__
.236
.220
Cotton yarn—
.234
22/1 cones, Boston
dolls, perlb..
.423
.430
.547
40/13, New Bedford.
dolls, perlb..
.562
.563
Print cloth
dolls, per yd..
.095
.095
.096
Sheetings
_
dolls, per yd_.
.104
.108
.106
185
Cotton goods (Fairchild)... index number..
187
187
1
4
Quarter ending June 30,1925.
2
a
Quarter ending Sept. 30, 1925.
3
Quarter ending Sept. 30, 1924.
*



16, 126
7,309

Septem- October

November

15,626
11, 050
4,576
If), 638

22, 860
12, 299
10, 561
16, 501

45, 638

8,817

18, 986
14, 865
4,121
12, 129

54, 854

48, 380

October,
1925,
from
September,
1925

October,
1925,
from
October,
1924

-14.7 +11.4
-2.1. 0 -46.7
-11.0 +151. 8
+26.2 +43.8

+6.6

-13.7

-2.5
+1.8
-6.3

s 391, 248
3 211, 515
3 179, 733

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
OCTOBER 31

Per
cent
increase
(+)
or decrease
(-)
1925
from
1924

1924

1925

259, 695
171,312
88, 383
219, 809

271, 132
119, 406
151, 726
290, 905

+4.4
-30.3
+71. 7
+32. 3

438, 282

438, 052

-0.1

-4.7
-13.7
+6.0

66
59
65
87
86

74
65
72
92
98

77
72
78
92
96

+4.3
+9.8
-1.5
-4.7
+11.4

-2.7
+3.1
-11.1
-12.0
-10.2

86
67

91
79

90
76

0.0
+14.3

-9.9
+1.3

.54

.53

.57

.61

+2.0

-10.5

1.32
1.600

1.44
1.650

1.48
1.750

1.60
1.850

.800
3.600

.775
3.600

.775
3.690

.775
3.690

0.0
0.0

+3.2
-2.4

15, 603
13, 858

12, 787
4,528
1,845
9,654

12,499
9,716
2,807
18, 135

12, 816
12, 238
2,767
17, 549

+23.1
+15.3
+12.2
-31.6

8,016
254, 833

10,404
252, 062

+29. g
-1.1

946,506 1, 306, 550
534, 283
492, 233

+4.2
+57.7
+35.0
-18.0
+88.9
+12.5

+50.2
+1.8

4, 412, 448
4,492,691

6, 336, 017
5, 303, 379

+43.6
+18.0

737, 485
438, 373

+3.1 -10.8
0.0 -5.7

-'

2,582
516
2,067
1,970
2,619

4,960
733
4,226
3,358
4,267

5,961
1,047
4,914
4,346
5,175

+42.8
+40.4
+43.3
+46.7
+33,8

+15.2
+65.9
+ 6.5
+22.5
+21.7

30, 154
6,415
170
76.4

31, 165
7,593
201
486.2

31, 790
7,124
188
87.5

+2.8
+12.1
+11.7
+6.7

+4.0
+4.9
+4.5
+3.7

70, 547

86, 765

75, 822

+18.8

-1.0

764, 287

783, 296

+2.5

74, 213
39, 753
39, 325
54

90, 601
44, 331
40,664
67

81, 689
39, 052
41, 516
58

+6.0
+11.6
-2.0
+15.5

-5.2
+7.3
-1.8
0.0

546, 921
416, 767

764, 790
439, 861

+39.8
+5.5

43, 224

53, 113

46,917

+6.0

-15.5

387, 682

453, 250

+16.9

13, 171
11,340

13, 205
12, 345

12, 191
10, 625

-11.3
+12.4

-5.7
+10.5

118,054
107, 668

144, 686
136, 936

+22. 6+27.2

325, 279
377, 770

385, 301
251, 728

399, 820
457, 359

+21.8
-28.7

+17.5
+38.5

3,447,169
2, 573, 107

4, 218, 240
3, 823, 504

+22.4
+48.6

.181
.208

.222
.244

.231
.245

.226
.243

-4.4
-6.8

-6.9
-10.2

.407

.432
.556
.086
.110
193

.449
.543
.087
.103
193

.446
.539
.090
.106
194

+1.7 -4.2
-0.2 +3.5
+1.1 +10.3
+1.9 +4.9
0.0 -3.1

4,903
6,048

.089
.108
182

Revised.
See table on p. 22, of the November, 1925, issue for earlier data.
See table on p. 10 of December, 1925, issue for earlier data.

*

27
TREND OF BUSINESS MOVEMENTS—Continued
1925

Where available November data have been
included in this table. The cumulatives shown are in most instances,
however, only through October and,
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29
to 151 of the August, 1925, "Survey"

September

5,894
44, 047

PFR TFNT TAJ 1 CUMULATIVE TOTAL
r ^ A q V(-\~) OR '| FROM JANUARY 1
CREASE f L 01?
mTTonTTPTr
nrTr»
DECREASE (-)
™R 31
)

1924

October,
1925,
from
October,
1924

1924

1925

+12.3

+28.9
+31.8

46,237
299, 037

62, 466
417,011

+35.1
+39.5

55, 516
25,043
6.174

-7.7
+6.9
+0.7

-11.2
+32.8
+16.2

81.9
50.0
74.6

81.4
50.3
75.2

+2.7
+33.7
+8.6

+14.4 L .
+62.6 i
+51. 3 I... ' .

4890
< 1, 533
4687

1,047
1,307
360

-3.9
+11.9
+16.3

+17.0
+12.9
-4.4

12, 639
15, 508
4,223

14, 387
16, 114
3,792

+13.8
+3.9
-10.2

223, 904 4 245. 804
224, 834 4 230, 394
1,923
4 2, 480
315,812 4 321, 000

226, 279
179, 125
2,092
313, 805

+11.2
+1.2
+22.2
+0.1

+16.1
+6.8
-24.3
-5.6

2, 044, 763
1,980,083
27, 436

2, 316, 155
2, 282, 006
28, 065

+13.3
+15.2
+2.3

+7.9
-1.6
-1.6
+9.9
+4.7

+12.6
+7.8
-6.4
+2.9
+28.4

33, 553
33,236

38, 425
38, 105

+14.5
+14.6

32, 581

40, 179

+23.3

October

November

September^

October

November

8, 408
41, 684

7,240
46, 815

41, 848

6, 491
36, 366

5,615
35, 508

6,347
32, 939

32, 017
28, 198
6.468

42, 708
28, 169
6.615

39, 423
30, 107
6.664

42, 260
21, 471
5.439

44, 398
22, 667
5.733

89.8
60.0
101.8

91.2
60.8
104.0

93.7
81.3
112, 9

76.1
48.2
68.4

1,492
1, 575
520

1,083
1, 547
565

3,041
1,731
657

* 1, 048
4 1,421
*669

251, 737 4 256, 519
233, 209 4 243, 131
1,506
1,537
305, 448
302, 630

285, 304
246, 087
1,878
303, 001

August

October,
1925,
from
September,
1925

Per
cent
increase
( }
or t
decrease
(-)
1925
from
1924

TEXTILES— Continued
Silk
Imports, raw
thous of Ibs
Deliveries (consumption)
bales. .
Stocks, end of month:
At warehouses
.-.bales..
At manufacturing plants ___ - ___ bales. .
Price, Japanese, New York
.dolls, per lb__
Silk machinery activity:
•Broad looms
per cent of operation _
Narrow looms _ _ . per cent of operation _
Spinning spindles, -per cent of operation. .

46, 813
6.566

-13.9

.

Clothing
Men's and boys' garments cut:
Suits
thous. of garments. _
Separate trousers
thous. of garments
Overcoats
thous of garments
Work clothing:
Cut
dozen garments
Shipments
dozen garments
Returned
dozen garments
Stocks, end of month.
dozen garmentsHosiery
Production (all classes) ...thous. of doz. pairs..
Shipments
thous of doz. pairs
Stocksthous. of doz. pairsNew orders
thous. of doz. pairs
Unfilled orders
thou.s. of doz. pairs. .

3,702
3,864
5, 734
3, 267
6,796

3,756
4,135
5,565
4,167
6, 842

4, 051
4,067
5,476
4,580
7,163

3,107
3,533
5,889
4,006
4,980

3,597
3,771
5,849
4,452
5,579

3,274
3,304
5,781
4,433
6,492

1,010
1,142
14
1,182
1,047
2,716

1,119
1,223
20
1,136
1,174
2,460

1,217
1,472
43
941
1,499
2,672

840
1,106
48
1,149
1,199
1,416

1,017
1,103
21
959
1,473
1,811

902
+8.8 +19.7
979 +20.4 +33.5
21 +115. 0 +104.8
-1.9
928 -17.2
+1.8
556 +27.7
2,233
+8.6 +47.5

61, 813
21, 722

43, 664
20, 936

42, 621
23,621

55, 900
18,628

40, 846
16,286

30,409
27, 109

-2.4
+12.8

+4.3
+45.0

501, 571
240, 627

534,496
256, 298

+6.6
+6.5

2,526
2,116

2,804
2,377

2,987
2, 380

1,893
1,456

2,460
1,644

1,889
1,536

+6.5
+0.1

+21.4
+44.8

22,496
16, 562

23,084
19, 248

+2.6
+16.2

1,878

1,857

1,852

1,396

1,290

1,302

-0.3

+43.6

8,533

7,355

7,004

4,258

6,165

5,597

2,056

-4.8

+25.1

40, 559

49, 810

+22.8

6,228
2,143
4,020

5,646
1,864
4,011

5,147
2,083
4,609

3,198
1,517

4,888
1,410
2,927

4,461
1,241
3,498

1,975
651
3,689

-8.8
+12.0
+14.9

+15.4
+68.3
+31.8

29,534
9,999
37, 760

35,454
14, 195
45, 247

+20. 0
+42.0
+19. 8

34, 605
28,272
6,333

38, 424
31, 408
7,016

41, 198
33, 542
7,656

7,856

38, 998
31, 593
7,405

41, 536
33, 417
8,119

40, 728
32, 679
8,049

+7.2
+6.8
+9.1

-0.8
+0.4
-5.7

2,704
5

2,726
617

3,023
653

3,015
679

2,053
544

2,477
619

2,510
613

+10.9
+5.8

+22.0
+5.5

25, 616
6,256

30, 128
6,508

+17.6
+4.0

d2
,250
48.1

200
94, 550
52.4

206
97, 950
53.9

220
103, 800
57.6

173
72, 235
42.9

182
81, 490
45.2

205
89, 100
50.9

+3.0
+3.6
+2.9

+13.2
+20.2
+19.2

15, 353
76.80
15, 919
12, 227

19, 125
84.30
20,044
17, 991

25,002
92.50
24, 852
18, 595

14, 721
54.50
22, 408
11, 085

15, 407
64.50
20, 375
12, 528

16, 209
62.80
25, 387
15, 680

+30.7
+9.7
+24.0
+3.4

+62.3
+43.4
+22.0
+48.4

197, 484

191, 958

-2.8

53, 221
50.0
49, 486
45, 142

54,943
51.7
50, 621
46, 530

64, 216
61.3
55, 795
61, 778

39, 261
36.9
37, 617
44, 884

47, 305
44.0
42, 271
52, 485

45, 279
42.5
41, 657
46, 512

+16.9
+18.6
-1-10.2
+32.8

+35.7
+39.3
+32.0
+17.7

20.26
18.00
19.78

20.56
18.30
20.08

20.89
18.63
20.66

21.56
19.00
20.41

21.26
19.00
20.37

21.26
19.13
20.66

+1.6
+1.8
+2.9

-1.7
-1.9
+1.4

Knit Underwear
Production
Shipments
Returned..
Stocks
New orders
Unfilled orders

.

thous. of dozens.
thous. of dozens
_. thous. of dozens. .
thous. of dozens
thous of dozens
thous. of dozens-

Burlap and Fibers
Imports:
Burlap
thous. of Ibs
Fibers (unmanufactured)
long tons

_ __ __

Pyroxylin Coated Textiles
Pyroxylin spread
thous. of Ibs
Shipments billed
thous of linear yds
Unfilled orders, first of month
thous. of linear yds.
IRON AND STEEL
Iron Ore and Pig Iron
Iron ore:
Shipments from mines.thous. of long tons..
ReceiptsLake Erie ports and
furnaces
thous. of long tons..
Other ports
thous. of long tons.
Consumption
thous of tons
StocksTotal
thous. of tons..
At furnaces
_
thous. of tons__
On Lake Erie docks
thous. of tons
Pig iron production:
Total
thous. of long tons
Merchant furnaces
thous. of long tons..
Furnaces in blast, end of month:
Furnaces
.
numberCapacity -.
.long tons per day. .
Per cent of total
per cent-Ohio gray-iron foundries:
Meltings
long tons
Meltings
er cent of normal
Stocks
.
. long tons.
Receipts
long tons
Malleable castings:
Production
tons
Operating activity
per ct. of capacity..
Shipments
tonsOrders booked
tons
Wholesale prices:
Foundry No. 2,
Northern
dolls, per long ton. .
Basic (valley furnace) dolls, per long ton.
Composite pig iron
dolls .per long ton..
4 Revised



22.14
19.88
21.83

145, 847

158, 816

+8 9

490, 107

573, 840

+17.1

485, 472
449, 726

549, 379
508, 986

+13.2
+13.2

28
TREND OF BUSINESS MOVEMENTS—Continued

i
1925

Where available November data have been
included in this table. The cumulatives shown are in most instances,
however, only through October and,
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29
to 151 of the August, 1925, "Survey"

August

September

PER CENT INCREASE (+) OR
DECREASE (— )

1924

October

November

September

October

November

October,
1925,
from
September,
1925

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
OCTOBER 31

Per
cent
increase
(+)
or decrease
(-)
1925
from
1924

October,
1925,

from
Octo-

1924

1925

ber,
1924

IBON AND STEEL-Continued
Crude Steel
3,424
Steel ingots, production...thous. of long tons...
3,493
Steel castings:
48, 827
Total bookings
short tons_- 51, 358
17,008
18, 235
Railroad specialties
short tons._
31, 819
Miscellaneous bookings
short tons.- 33, 123
U. S. Steel Corporation:
Unfilled orders,
end of month
.thous. of long tons_.
3,513
3, 717
Sheets, blue ,black, and galvanized:
Production (actual)
short tons.. 270, 212 295, 810
Production
per ct. of capacity-87.2
92.7
Stocks, end of monthTotal
short tons.- 114, 577 120, 798
Unsold
short tons.- 38, 476
36, 587
Shipments
short tons.- 243, 204 262, 050
239, 492 286, 029
Sales...
_-.
short tons_.
Unfilled orders, end og month. _short tons.. 460, 530 497, 698
Steel barrels:
Prpduction
barrles.. 498, 449 510, 869
Shipments
barrels-- 495, 736 503, 221
Stocks, end of month..
barrels-- 48, 052
55, 184
Unfilled orders, end of month
barrels. _ L 114, 667 1, 012, 576
Wholesale prices:
35.00
Steel billets, Bessemer.-dolls, per long ton_.
35.00
37.39
Iron and steel.
dolls, per long ton_.
37.35
Composite steel
dolls, per lOOlbs.2.61
2.61
2.42
2.40
Composite finished steel.dolls. per 100 lbs._
1.90
Structural steel beams...dolls, per 100 Ibs..
2.00

2,828

3,125

3,121

+11.5 +24.6

30, 211

36, 305

+20. 5

62, 509
29,567
32, 942

66, 697
31, 130
35, 567

74, 220
41, 343
32, 877

+25.0 -8.5
+21.0 —33 9
+27.2 +13.8

602, 456
293, 682
308, 774

576, 708
220, 317
356, 391

-4.3
-25.0
+15.4

3,474

3,525

4,032

348, 714
106.4

217, 981
75.7

247, 222
78.9

224, 931
79.7

+17.9 +41.1
+14.8 +34.9

123, 444
40,200
332, 211
403, 941
595, 583

124, 577
43,001
190, 210
227, 520
274, 325

118, 547
42, 685
229, 771
221, 773
275, 953

118, 384
41, 573
219, 228
462, 709
531, 845

+2.7 +4.1
+9.9 -5.8
+26.8 +44.6 2, 063, 147 2, 605, 633
+41.1 +81.9 1, 886, 710 2, 589, 509
+19.7 +115. 8

+26.3
+37.2

553, 545
555, 981
52, 748
890, 904

385, 212
389, 064
41, 577
905, 870

447, 900 391, 401
441, 851 389, 230
49, 797
47, 626
682, 533 1, 230, 808

3, 920, 418 5, 080, 240
3, 925, 710 5, 079, 555

+29.6
+29.4

3,893

3,907

61, 044
20, 576
40, 468

4,109

34.25
37.61
2.61
2.41
2.00

4,582

36.40
39.05
2.72
2.49
2.10

34.75
38.73
2.63
2.43
2.00

35.76
38.65
2.68
2.46
2.00

35.50
39.01
2.68
2.49
1.90

+10.5

i
+16.6

+8.4 +23.6
+10.5 +25.8
-4.4 +10.8
-12.0 +30.5
-2.1
+0.7
0.0
+0.4
0.0

2, 153, 301 2, 859, 004

v

+32. 8

-4.2
-2.7
-2.6
-2.0
0.0

Iron and Steel Products
Exports (selected series)
long tons..
Exports (total)
long tons.Imports
long tons-Structural steel, fabricated:
Bookings (prorated)
_..short tons..
Bookings
per ct. of capacity-Shipments (prorated)
short tons__
Shipments
..per ct. of capacity..
Steel plate, fabricated, bookings:
Total
..short tons..
Oil-st9rage tanks
short tons.Steel furniture:
Business groupShipments
thous. of dolls..
Orders received
.thous. of dolls..
Unfilled orders.
thous. of dolls.Shelving—
Shipments
thous. of dolls. _
Orders received
...thous. of dolls..
Unfilled orders
thous. of dolls..
Machinery

145, 382
188, 963
57, 099

99, 504
141, 817
69, 280

108, 725
133, 540
36, 259

132, 448
158, 560
37, 119

97, 187
124,464
30,411

-6.5 -24.9
+3.7 -10.6
+13.5 +86.6

1,278,459 1, 116, 428
1, 559, 730 1, 448, 491
685, 456
382, 220

-12.7
-7.1
+79.3

232, 4
000
80
237, 800
82

232, 000
80
237, 800
82

255, 200
88
263, 900
91

188, 500
65
211, 700
73

188, 500
65
220, 400
76

240, ?00
83
185, 600
64

+10.0'
+10.0
+ 11.0
+11.0

+35. 4

1, 893, 700 2, 201, 100

+16.2

+19.7
+19.7

2, 003, 900 2, 235, 900

+11 6

23, 985
8,458

27, 558
8,076

20, 386
10, 823

24, 182
8,191

33, 607
13, 098

+14.9 +14. 0
14
-4.5

1,690
1,665
1,358

1,816
1,970
1,535

2,130
2,170
1,406

1,519
1,590
1,194

1,783
1,761
1,185

1,679
1,616
1,216

+17.3 +19.5
+10.2 +23.2
-8.4 +18.6

453
517
447

4

106, 462
136, 754
61, 015

542
625
512

622
731
627

471
415
334

595
681
327

549
527
469

4

26, 210
7,500

Machine tools, orders
index number. .
687
Washing-machine sales:
Total
number-78, 539
Electric
number. . 64, 040
Foundry equipment:
Sales.
..dollars.. 580, 865
Shipments
--.dollars-- 388, 371
Unfilled orders
dollars-. 598, 143
Steam, power, and centrifugal pumps:
1,791
New orders
thous. of dolls..
Shipments
thous. of dolls..
1,428
3,530
Unfilled orders
thous. of dolls..
Patents issued:
Total, all classes
number..
3, 513
50
Agricultural implements
.number..
Internal-combustion engines
.number..
56
Stokers:
91
Sales
number..
Sales...
_.
.horsepower.. 29,865

+14.8
+17.0
+22.5

+35.4

229, 397
84, 136

261, 988
72, 335

+14. 2
-14.0

615, 015
517, 114

732, 547
606, 904

+19.1
+17.4

3, 064, 718 3, 768, 362
3, 152, 108 3, 404, 594

+23.0
+8.0

+4.5
+7.3
+91.7

+19.6 +111.5

69.3

82.9

29.7

39.2

34.7

78, 774
66, 601

70, 362
59, 918

67, 994
57, 883

67,925
57, 533

57, 301
48, 072

296, 438
351, 121
544,042

424, 054
400, 646
518, 795

219, 279
233, 854
327, 291

259, 871
252, 580
329, 061

284, 617
203, 558
399, 325

+43.0 +63.2
+14.1 +58.6
-4.6 +57.7

1,323
1,461
3,378

1,481
1,582
3,252

973
997
2,264

1,001
1,152
2,197

873
1,023
2,052

+11.9 +48.0
+8.3 +37.3
-3.7 +48.0

11,027
11, 467

14, 531
13, 586

+31.8
+18.5

4,281
68
57

3,725
63
59

3,721
63
60

3,276
56
70

3,512
54
68

-13.0
-7.4
+3.5

+13.7
+12.5
-15.7

34, 732
507
563

37, 949
633
657

+9.3
+24.9
+16.7

119
38, 155

114
53, 451

73
25,988

104
58, 565

106
37, 167

-4.2
+40.1

+9.6
-8.7

931
445, 380

1,164
472, 768

+25.0
+6.1

63,800
74, 390

68, 989
81,003

68, 291
74, 975

+4.6
+8.7

+2.7
+2.8

657, 439
741, 543

704,928
789,805

+7.2
+6.5

122,008
58,402
51, 831

-1.4
+5.2
+10.5 +6.8
+7.4 +30.9
-10.6 -32.2

966, 660
1, 211, 537
636,585
447,354

997, 661
1, 276, 167
672, 579
463, 176

+3.2
+5.3
+5.7
+3.5

89.6

3,777
48
53

-10.7
-10.0

+3.6
+4.1

NONFEBBOUS METALS
Copper and Brass
Copper:
ProductionMines.
short tons..
Smelter
short tons..
Refined (North and South America)
quarterly i
short tons..
World production, blister
short tons..
Domestic shipments, refined...short tons..
Exports.
..short tons..
Stocks (North and South America)—
Refined
short tons..
Blister
..short tons..
Wholesale price, electrolytic.-dolls, per lb_.
4
Revised.




4

68,090
72,861
4

67, 720
76, 571

4
4

70, 819
83, 239

79,054

4

337, 302 332, 637
122, 618 * 125, 206
71, 215
73, 740
38,285
34, 516
77, 343
239, 542
.1449

4

4

138, 342
76, 468
30,872

82, 779

316, 197
116, 557
47, 726
48, 625

129,547
58,402
45, 528

69,007
72,855
247, 398 4 245, 001
.1438
.1430

67,838
247, 632
.1435

136, 756
233, 742
.1292

.1293

+5.6
— 1.0
.1364 ! -0.6 ' +10.6

29
TREND OF BUSINESS MOVEMENTS—Continued
I

1925

Where available November data have been
included in this table. The cumulatives shown are in most instances,
however, only through October and,
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29
to 151 of the August, 1925, "Survey"

August

September

PER CENT INCREASE (+) OR
DECREASE ( — )

1924

October 1

No
m
b™ -

September

October

November

\

October,
1925,
from
September,
1925

October,
1925,
from
October,
1924

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
OCTOBER 31

1924

Peicent
increase
(+)
or decrease
(-)
1925
from
1924

1925

-

NONFERROUS METALS -Continued
Copper and Brass— Continued
Plumbing fixtures:
Sales, tubular—
Quantity...
number. _ 216, 768
202, 586
Value.dollars
111.44
Wholesale price, 6 pieces
dollars
Brass faucets:
Orders received
number of pieces. _ 362, 901
320, 958
Orders snipped
number of pieces

237, 121
234, 057
111. 72

275, 725
273, 548
111. 77

368, 405
338, 083

167, 497
143, 267
117. 84

174, 822
146, 958
116. 15

309, 268
270, 379
115. 45

+16.3
+16.9
0.0

+57.7
+86.1
-3.8

2, 283, 982
1, 965, 873

2, 129, 303
1,987,382

-6.8
+1.1

447, 604
396, 795

442, 427
468, 330

110. 83

460, 664
446, 168

590, 333
296, 729

+20.1
+38.5

-4.0
+5.0

3, 765, 763
3, 943, 221

3, 765, 819
4, 406, 389

0.0
+11.7

Tin
6,520

6,360

6,070

5,670

4,985

5,090

5,790

-4.6

+19.3

54, 250

64, 625

+19.1

long tons
long tons
long tons
dolls, per lb._

20, 000
3,644
7,747
.5665

17, 642
2,309
5,365
.5641

15, 770
2,464
6,401
.6046

18, 199
1,904

18, 971
2,419
4,496
.5004

20, 977
2,089
4,191
.5385

-10.6
+6.7
+19.3
+7.2

-16.9
+1.9
+42.4
+20.8

55, 708

64, 604

.6214

20, 233
3,974
5,223
. 4860

+16.0

Retorts in operation end of month number
Production
short tons.
Stocks end of month
short tons
Ore, Joplin district:
Shipments
short tons
Stocks
short tons
Price, slab, prime western
dolls, per lb_.

85, 576
47,849
17, 032

86, 556
47, 384
11, 796

89,877
50, 497
7,475

90, 085
50,629
6,922

70,875
40, 852
45, 720

72, 139
42, 488
38, 452

77, 631
42, 633
26, 912

+3.8
+6.6
-36.6

+24.6
+18.9
-80.6

445, 502

486, 505

+9.2

75, 130
28, 200
.0758

70, 052
* 22, 500
.0775

81, 277
24, 500
.0828

73, 915
19, 500
.0861

55, 878
45, 440
.0618

65, 581
43, 400
.0632

79,587 i -16.0
+8.9
31, 159
+6.8
.0680

+23.9
-43.5
+31.0

593, 184

673,027 ! +13.5
"

46,223
10, 775
42, 588
91, 589

4,4, 334
10, 819
46, 381
96, 971

52, 220
9,702
47, 412

13, 709

46, 935
7,770
43, 052
98, 277

47, 417
0,355
45, 577
97, 471

46, 597
12, 222
42, 619
98, 361

+17.8
-10.3
+2.2

+10.1
+3.7
+4.0

433,911
77, 733
416, 960

471, 796
102, 436
453, 876

+8. 7
+31.8
+8.9

.0919

.0951

.0951

.0974

.0800

.0824

.0869

0.0

+ 15.4

thous of Ibs
thous of Ibs
tfaons of Ibs

5,442
1,373
4,069

4,621
1,041
3,580

5,550
1,380
4,170

short tons
short tons

672
3,233

511
3,003

517
3,143

1,323
3,448

1,129
3,475

1,280
3,730

+1.2
+4.7

-54.2
-9.6

15, 448

7,307

-52.7

short tons
short tons

749
7,190

866
7,493

728
7,476

1,385
4,708

1,224
5,181

1,467
6,245

-15.9
-0.2

-40.5
+44.3

15, 625

9,870

-36.8

number
number

127
46, 201

* 121
4 48, 826

117
46, 673

thous. of dolls

5,109

< 2, 530

1,495

2,802

1,438

784

-40.9

+4.0

18,402

27, 187

+47.7

44,883
1,798

46, 817
1,629

* 53, 203
1,243

42, 340
1,503

48, 373
1,534

42, 066
974

+13.6
-23.7

+10.0
-19.0

394,986
13, 171

419,371
12, 716

+6.2
-3.5

Deliveries (consumption)
Stocks, end of month:
World visible supply
United States
Imports
Wholesale price, pig tin....

long tons. .

Zinc

Lead
Production
short tons
Ore shipments, Joplin district
short tons..
Receipts in U. S ore
short tons
Stocks, U. S. and Mexico-..
short tons..
Price, pig, desilverized (New York)
dolls per Ib
MISCELLANEOUS METAL PRODUCTS
Babbitt Metal
Consumption:
Total apparent
Direct by producers
Sale to consuiners

+20 1
+32.6
+16.5

Arsenic
Crude:
Production
Stocks
Refined:
Production
Stocks

_ ..

Fire Extinguishers
Shipments:
iMotor vehicles
Hand type

—3.3
-4.4
*

Farm Implements
Sales in Northwest
FUELS

Coal and Coke

Bituminous:
Production
thous. of short tons
Exports
thous. of long tons
Consumption—
By vessels clearing ports
thous. of long tons
By electric power plants
.thous. of short tons .
PricesMine average
(spot)
dolls per short ton
Wholesale, Kanawha, f.o.b.
Cincinnati
dolls, per short ton..
Retail, Chicago... dolls, per short ton..
Anthracite:
Production
thous. of short tons
Exports
thous. of long tons
PricesWholesale chestnut,
Retail, chestnut,
New York
dolls, per short ton..

Revised.



444

361

352

312

351

289

-2.5

+0.3

3,345

3,646

+9.0

* 3, 373

< 3, 472

3,699

3,012

3,221

3,293

+6.5

+14.8

30,657

32, 739

+6.8

2.05

2.17

2.15

2.28

2.03

2.10

2.06

-0.9

+2.4

3.39
8.32

3.49
8.89

3.39
8.99

3.39

3.39
7.83

3.39
8.21

3.39
8.13

-2.9
+1.1

0.0
+9.5

8,624
476

394
163

68
46

7,601
327

6,674
362

6,776
283

-82.7
-71.8

-99.9
-87.3

62, 951
2,803

-17.2
-6.5

11.47

11.48

11.47

+0.1

-1.7

14.13

14.17

14.17

+13.3

+20.3

11.16

11.27

11.28

14.03

15.04

17.04

11.29

i
76, 061
2,998

I

30

TREND OF BUSINESS MOVEMENTS—Continued
1925

DECREASE (— )

Where available November data have been
included in this table. The cumulative.?
shown are in most instances, however,

only through October and, where designated by a footnote, through September. Detailed data for items shown here

may be found on pages 29 to 151 of the
August, 1925, "Survey"

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
OCTOBER 31

PEK CENT INCREASE (+) OR

1924

August

September

October

Per
cent
increase
(+)
or decrease
(-)
1925
from
1924

September

October

November

October,
1925,
from
September,
1925

523
2,546
42

631
2,900
56

630
2,927
57

+34.9
+6.3
-15.5

3. 13

3.13

3.23

59, 611

59, 937

56, 297

-0.7

+7.2

363, 700
5,354

362, 374
4,873

359, 658
6,649

-0.5
+8.4

5 7
-10.4

53,617
1.313
1,126

55, 779
1. 250
1,060

55, 029
1.212
1,007

-3.0
0.0
-5.4

+15.0
+28.0
+34.0

533, 191
12, 547

14, 198

9,374

9,989

11, 204

-4.0

-33.7

113,057

90, 244

-20.2

762, 046
760, 647
750, 264
94, 951
113, 091
90, 907
718, 069
751, 499
698, 359
1, 229, 606 1, 152, 374 1, 133, 169
.148
.170
.175
.140
257, 075
269, 142
268, 404

+4.2
+16.4
-2.0
+1.0
0.0

+24. 2
+12.6
+10.7
+32. 7
+21.4

7, 102, 021
985, 354
6, 415, 353

8, 992, 520
1, 040, 580
7, 815, 616

+21.5
+5.6
+21.8

+8.8
-19.6
-5.0
+4.1

-7.5
+7.4
+8.7
-7.2

2, 043, 756
1, 259, 575

2, 073, 888
1,378,284

+1.5
+9.4

November

October,
1925,
from
October,
1924

1924

1935

+59. 4
+16.8
+26.8

8,138
27, 801
543

8,131
32, 642
635

-0.1
+17.4
+16. 9

594, 351

633, 371

+6.6

FULLS— Continued
Coal and Coke— Continued

Coke:
ProductionBeehive
By-product
Exports
Price, furnace,
Connelsville

thous. of short tons..
thous of short tons
thous. of long tons. .

602
3,162
64

746
3,185
84

1,006
3,386 ,
71

dolls, per short ton..

3.19

3.70

6.53

Petr oleum
Crude petroleum :
Production
_
thous. of bbls _.
66, 887 * 64, 708
64, 273
Stocks, end of month —
Tank farms and pipe
344, 304 343, 740 341, 883
lines
thous of bbls
Imports
thous. of bbls
4,367
4,045
4,027
ConsumptionRun to stills
thous. of bbls
67, 010
62, 278
64, 130
Price, Kansas- Oklahoma
dolls, per bbL.
1.720
1.600
1.600
Oil wells completed.
numbers ..
1,580
1,501
1 , 420
Mexican field —
4
Shipments.. _ _
_ -thous. of bbls ._
6,545
6,626
6, 905
Gasoline:
Production
thous. of gals
972, 689 906, 109 944, 433
Exports
thous. of gals
116, 481
120, 404
88, Oil
Domestic consumption
thous. of gals.. 931, 901
848, 867
831, 774
Stocks, end of month
thous of gals 1, 540, 716 1, 514, 150 1, 529, 248
Price, motor, New York
dolls, per gal..
.202
.170
.170
Retail distribution, 21 States.thous.ofgals.. 333, 768
322, 828
Kerosene oil:
Production
thous. of gals. . .187, 984
197, 834
215, 158
Domestic consumption. . ..thous. of gals. . 148, 874
180, 298 144, 956
Stocks, end of month
thous. of gals
401, 490 352, 656 335, 001
Price, 150° water white
dolls, per gal_.
.072
.074
.077
Gas and fuel oil:
Production
thous. of gals. _ 1, 404, 459 1, 280, 955 1, 321, 652
C onsumption—
By vessels
thous. of gals.. 139, 282
155, 793 128, 900
By electric power plants. thous. of gals.. 4 31, 888 433,911
35, 185
Stocks, at refineries, end of
month
thous. of gals 2, 517, 118 2, 521, 397 2, 439, 704
Price, Okla., 24-26 at
refineries
dolls per bbl
1.035
1.056
1.050
Lubricating oil:
Production
thous. of gals
109, 534
112,069
107, 717
Domestic consumption
thous. of gals..
82, 676
80, 686
75, 105
Stocks, end of month
thous. of gals_. 282, 513
283, 925 286, 595
Price, Pa., 600° steam
refined
.
dolls, per gal. .
.161
.159
.153
AUTOMOBILES
Production:
Passenger cars—
Total
number of cars.
United States
number of cars. .
Canada
number of cars. _
TrucksTotal .
number of cars
United States
number of cars..
Canada
number of cars
Exports:
Assembled—
T otal
number of cars. .
Passenger cars
number of cars
Trucks
number of cars
Accessories and parts
thous. of dolls _
From CanadaTotal..
_
number of cars
Passenger cars ..
number of cars
Trucks
number of cars
Internal revenue taxes collected on:
Passenger automobiles and
motor cycles _ _
thous. of dolls. .
Automobile trucks and
wagons
_.
thous. of dolls
Sales of automobile accessories
and parts..
thous. of dolls..
Foreign assemblies
number of cars
New passenger car registrations: b
Total
number of cars.. !
H ighest price
number of cars. .
1
Second highest. _ _. . number of cars. _ 1
Third highest
... number of cars. .
|
Lowest
number of cars.. i
Miscellaneous
number of cars..




4

Revised.

6.88

i

1.588

.080

211, 830
136, 544
297, 749
.083

232, 666
134, 909
308, 125
.083

233, 521
136, 606
337, 448
.082

1,113,911 1,160,683 1, 134, 147
153, 090
58, 352

173, 880
59, 024

148, 008
47, 872

+76.5 +108. 6

+3.2

-19.2
+15.7
+13.2

+13.9 11, 126, 729 12, 751, 256

+14.6

-25.9
-40.4

-3.2

1.019

+0 6

94, 948
70, 580
242, 246

+1.7
-9.2
+0.9

. 179

. 186

.194

+3.9

-1.0
-39.2

955, 589
626, 269

+21. 5
+15.6

1, 487, 280
362, 317

1, 076, 692
723, 240

+12.7
+15.5

+13.2

97, 223
61, 801
247, 998

1, 501, 984
596, 286

+51.4

.933

90, 228
64, 244
243, 883

.159

617, 135

-17.2
+3.8

.920

-14.5

1, 639, 869 1, 611, 586 1, 641, 090

1.215

52, 754

65, 286

+12. r

221, 831
214, 401
7,430

272, 413
262, 053
10, 360

406, 567
392, 648
13, 921

263, 528
256, 940
6,588

260, 881
254, 524
6, 357

204, 343
198, 381
5,962

37, 750
36, 277
1,473

60, 368
57, 888
2,480

45, 823
44, 129
1,694

31,960
30, 609
1,351

32, 475
31, 204
1,270

27, 905
26, 824
1,081

-24.1
-23.8
-31.7

+41.1
+41.4
+33.4

33, 240
26, 516
6,724
6,021

22, 814
18, 780
4,034
7,561

22, 562
18, 487
4,075
7,521

13, 961
11, 655
2,306
4,829

17, 097
14, 373
2,724
5,534

13, 517
11,619
1,898
5,686

-1.1
-1.6
+1.0
-0.5

4,431
2,985
1,446

5,547
4,030
1,517

7,976
6,229
1,747

2,930 !
2,179 i
751 !

4, 514
3, 481
1, 033

10, 198

11,800

5,089

9,278

558

1,463

580

545

49, 156
« 15, 593

53, 381
11, 530

33, 002
12, 438

37, 779
12. 019

261, 307
8, 144
51, 872
49, 056
150,457
1,778

193, 169
7,893
50,468
46, 417
87, 073
1,318

.

3, 196, 032
3, 072, 972
123, 060

+11.1
+10.9
+17.4

321,897
307, 187
14, 710

422, 501
404, 506
17,995

+31.3
+31.7
+22.3

+32.0
+28.6
+49.6
+35.9

151, 544
128, 483
23, 061
62, 545

240, 945
198, 524
42, 421
69, 957

+59.0
+54.5
+84.0
+11.9

5, 805 +43.8
4,352 ! +54.6
1,453 +15.2
|

+76.7
+78.9

+69.1

46, 078
35, 684
10, 394

57, 849
44, 704
13, 145

+25.5
+25.3
+26.5

7,469

4,482

-56.9

-31.9

88, 057

89, 986

+2.2

1,301

522

-60.4

— 55.4

9,451

6,736

-28.7

39, 339
12, 584

27, 936
12, 864

-38.2
+7.9

-16.1
+1.2 |

490, 627
119, 806

378, 144
146, 316

—22.9
+22.1

+49.2 +55.8 i 2,876,322
+49.8 +54.3 2, 771, 719
104, 783
+34.4 +119.0

247, 002
+27.9
8,663
+9 8
47, 814
—5 3
43, 918
—5.4
145, 508
+67 1
1,099
-16.6
b
See table on p. 14 of the October, 1925, issue for further data.

!

31
TREND OF BUSINESS MOVEMENTS—Continued

Where available November data have been
included in this table. The cuniulatives shown are in most instances,
however, only through October and,
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29
to 151 of the August, 1925, "Survey"

PER CENT INCEEASE (+) OR
DECREASE ( — )

1924

1925

1 October,
1925,
Novemfrom
ber
September,
! 1925

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
OCTOBER 31

Per
cent
increase
(+)
or decrease

October,
1925,
from
October,
1924

1924

1925

1925
from
1924

-11. 1

269, 297

319, 148

+ 18.5

September

October

34, 651

38, 960
26, 801

34, 290
38, 997

36, 599
33, 691

63, 220
46, 745
.590

42, 211
.773

53, 700
43, 921
.227

50, 600
46, 045
.262

54, 300
34, 812
.286

-9.7 -8.3
+31.0 +195. 0

4,204
5,446
3,454

3,755
5,761
3,293

3,379
5,003
4,088

3,531
4,524
3,314

3,877
5,338
3,046

3,190
5,207
3, 273

-10.0 -12.8
-13.2
6.3
+24.1 +34.2

32, 098

38, 891

+21.2

30, 287

37, 977

+25.4

thousands
thousands
thousands

5,713
6,953
5,101

5,440
7,463
4,851

4, 959
6, 545
5, 764

5,506
6,039
5,119

5,896
7, 352
4,177

4,602
7,668
4,679

-8.8 -15.9
-12.3 -11.0
+18.8 +38.0

43, 722

52, 012

+19.0

41, 331

51, 909

+25. 6

thousands
thousands
thousands

62
125
44

56
136
39

45
127
55

42
142
46

48
145
45

42
149
41

28, 624
3,921
9,165
7,040
6,442

27, 055
1,977
12, 872
6, 095
4,002

20, 338
1,773
8,957
5, 248
3,268

27, 301
4, 198
13, 586
2,972
5,046

254, 801
197,111
37, 814
19, 876

251, 459
192, 753
38, 456
20, 250

259, 369
203, 246
38, 343
17, 780

.176
.213

.177
.198

.174
.200

September

October

42, 990
33, 413

45, 417
26, 367

62, 400
52, 171
.663

thousands
thousands
_ _ thousands. _

RUBBER
Crude:
World shipments, plantation
long tons..
Imports (including latex)
long tons
Stocks, end of monthPlantation afloat
long tons
Consumption by tire mfrs... thous. of lbs._
Wholesale price, Para, N. Y__ dolls, per lb._

August

November

.853

+31.4

....
.
375, 078
473, 743 1 +26.3

Tires and Tubes
Pneumatic tires:
Production
Stocks, end of month
Shipments, domestic
Inner tubes:
Production
Stocks, end of month
Shipments domestic
Solid tires:
Production
Stocks, end of month
Shipments, domestic

j

-19.6
-6.6
+41.0

-8.2
-12.4
+22.2

470

527

+12. 1

445

514

+15.5

26, 719
3,469
13, 897
3,879
4,556

33, 355 -24.8
2,873 j -10.3
22, 145 -30.4
3,448
-13.9
3,358
-18.3

-23.9
-48.9
-35.5
+35.3
-28.3

284, 300
34, 697
140, 574
43, 724
50, 552

309, 461
26, 055
139, 627
68, 401
55, 381

+8.9
-24.9
-0.7
+56.4
+9.6

247, 093
196, 965
31, 922
18,206

256, 232
212, 223
28, 112
15,897

265, 605 I +3.1
223, 361 i +5.4
27, 196 ! -0.3
15,048
-12.2

+1.2
-4.2
+36.4
+11.8

.161
.198

.163
.194

-1.7
+1.0

+6.7
+3.1

HIDES AND LEATHER
Hides
Imports:
^ Total hides and skins
thous. of Ibs
Calfskins
..thous. of lbs__
Cattle hides
thous. of Ibs
Goatskins
_
thous. of Ibs
Sheepskins
thous. of Ibs
Stocks, end of month:
Total hides and skins
thous. of Ibs
'& Cattle hides
thous of Ibs
Calf and kid skins
thous of Ibs
Sheep and lamb skins -_
thous. of Ibs
Prices:
Green salted, packers' heavy native
steers
dolls per Ib
Oalfskins, country No. 1
dolls, perlb..
Leather
Production:
Sole leather thous. of backs, bends, sides
• Finished sole and belting
thous of Ibs
Finished upper
. thous. of sq. ft
Oak and union harness
stuffed sides
v
Skivers .
_ _
doz
Unfilled orders:
Oak and union harness.. .
sides
Stocks in process of tanning:
Sole and belting..thous. of Ibs
Upper
thous. of sq ft
Stocks, end of month:
Sole and belting
thous. of Ibs
Upper
thous. of sq. ft
Exports:
Sole
thous. of Ibs
Upper
.
thous. of sq. ft
Prices:
Sole, oak, scoured backs,
heavy, Boston
dolls, per Ib
Chrome calf, "B" grades dolls per sq ft

.163
.198

.174
.203

i

+18.8 -2.7
+15.7 +2.4
0.0
+9.1
+29.4 +23.5
+2.4 -15.6

1,279
23, 617
61, 999
94, 925
30, 662

* 1, 107
20, 701
62, 645
96, 548
' 33,418

1, 315
23, 957
68, 346
124, 900
34, 205

1, 225
21, 094
60, 381
95, 348
33, 377

1,351
23, 389
68, 377
101, 167
40, 539

1,198
20, 783
57, 633
96, 432
38, 170

220, 366

215, 929

182, 652

179, 968

168, 642

157, 592

88, 487
144, 392

88, 202
145, 869

81, 303
147, 329

88, 130
129, 975

88,504
127, 332

89, 329 I -7.8
129, 682 i +1.0

133, 679
295, 988

131, 377
296, 174

127, 926
291,891

138, 417
334, 819

134, 272
324, 922

126, 204
316,411

1 -2. 6
1 -1.4

-4.7
-10.2

1,716
6,711

1,637
7,991

1,859
7,986

1,817
6,679

1,923
7,504

1,864
6,959

! +13.6
-0.1

-3.3
+6.4

.460
.460

.460
.460

.460
.460

.445
.460

.445
.460

.465
.460

0.0
0.0

+3.4
0.0

!

348

;

581

338
576

303
515

+0.8
+0.6

+7.7
+8.7

3,617
6,167

!

27, 716
480

30, 826
552

25, 322
494

+3.8
+28. 4

+0.2
-6.7

283, 305
5, 249

274,256
5,490

6.40

6.25

6.25

6.25

o.o

+2.4

5.15

4.85

4.88

5.00

0.0

+5.5

4.00

3.85

3.85

3.85

0.0

+3.9

439, 740

525,459

475, 959

+16.3

+6.7

4, 869, 742

5,221,915

!
i 3, 400, 848 1, 365, 963 1,370,615 +14.3
404, 552
350, 246 ; -4.4
493, 927

-5.7
-18.9

.470
.460

i
i
,
!

-15.4

12, 084
215, 715
643, 882
1, 055, 028
325, 439

12, 743
229, 032
630,641 !
1,011,377 i
340, 690 i

+5.5
+6.2
-2.1
-4.1
+4.7

+8.3
-8.1
+15.7

18,481
70, 293

16,123 ' -12.8
74, 401
+5. 8

!|

Leather Products
Belting sales:
364
352
361
Quantity
thous of Ibs
622
626
595
Value
thous. of dolls
Boots and shoes:
29, 769
30, 903
28, 486
Production
thous. of pairs
515
401
458
Exports
thous. of pairs
Wholesale pricesMen's black calf,
6.40
6. 40
6.40
blucher Mass
dolls per pair
Men's dress welt, tan
5. 15
5. 15
5.15
calf, St. Louis
dolls, per pair..
Women's black kid, Goodyear
4.00
4.00
4.00
welt St Louis
dolls per pair
Gloves:
Glove leather482, 137
560, 730
456, 059
Production
number of skins
Stocks (tanned)—
In process
number of skins 1, 167, 838 1,127,024 1, 287, 706
328, 282
343, 559
Finished.
number of skins.. 382, 678
Gloves cut223, 118
207, 094
207, 796
Total
dozen pairs
Dress and street44,315
48, 637
45, 986
Imported leather
dozen pairs..
31,932
24, 437
30, 121
Domestic leather
dozen pairs..
139, 044
144, 360
Work gloves
dozen pairs.. 129, 176
1

Revised.




i

3,716 i
6,364 i

+2.7
+3.2

;

+4.2
+4.6

+7.2

* 187, 826 « 197, 927

163, 756

+7.4

+12.7

1, 944, 161

2, 040, 003

+4.9

< 32, 811 * 36, 698
< 28, 463 * 29, 523
* 126, 552 * 131, 706

34, 902 '. +9.8
23, 234 +23.3
105, 620
+3.8

+32.5
+ 2.0
+ 9.6

325, 478
313, 149
1, 305, 534

420, 444
312,493
1,307,066

+29.2
-0.2
+0.1

32
TREND OF BUSINESS MOVEMENTS—Continued
1925

Where available November data have been
included in this table. The cumulatives shown are in most instances,
however, only through October and
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29
to 151 of the August, 1925, "Survey"

PER CENT INCREASE (+) OR
DECREASE (— )

1934

September

October

November

October,
1925,
from
September,
1925

139, 066
151, 238
199, 895
32, 812

114, 737
128, 226
204, 725
24, 527

145, 523
155, 348
194, 882
30, 565

121, 700
131, 822
183, 846
24, 835

+38.2
+12.4
-6.0
+32.4

194, 468
21 1,442
4 42, 754
111, 163
2.68

216, 806
219, 750
38, 276
117, 388
2.73

185, 800
188, 082
48, 888
132, 350
2.51

227, 424
229, 032
48, 562
135, 238
2.51

198, 506
195, 190
51, 778
109, 047
2.57

120, 902
119, 752
135, 054
102, 741
1,558

121, 019
127, 409
145, 002
110, 688
1,869

135, 225
142, 204

116, 753
116, 743
131, 584
107, 990
908

129, 852
130, 281
147, 448
114, 121
1,677

35, 077
167, 119
30, 233
3.70

27, 326
159, 926
31, 054
3.70

20, 446

28, 439
196, 716
30, 058
3.78

Book publication:
699
American manufacture
- no. of titles. .
139
Imported
no. of titles. .
12,042
Sales books, shipments
thous. of books. _
90
Printing activity
weighted index number..

695
117
12, 973
^ 96

977
157
12, 654
108

641
149
11, 751
93

August

September

October

99, 794
129, 329
246, 691
29, 859

100, 594
134, 505
212, 666
24, 777

November

October,
1925,
from
October,
1924

CUMULATIVE TOTAl
FROM JANUARY 1
THROUGH
OCTOBER 31

Per
cent
increase
(+)
or decrease
(-)
1925
from
1924

1924

1925

-4.4
-2.6
+2.6
+7.4

1, 503, 556
1, 417, 816

1, 414, 495
1, 423, 951

-5.9
+0.4

197, 089

264, 295

+34.1

+11.5
+3.9
-10.5
+5.6
+1.9

-4.7
-4.1
-21.2
-13.2
+8.8

1, 992, 528
2, 018, 566

2, 043, 498
2, 067, 478

+2.6
+2.4

1, 035, 393

1,111,554

+7.4

118,275
121, 658
145, 363
112, 442
1,454

+11.7
+11.6
+7.4
+31.1
-4.5

+4.1 1, 231, 253
+9.2 1, 226, 253
+10.2 81,205,419
+27.1 1, 119, 100
+6.4
14, 340

1, 258, 723
1, 258, 515
1, 284, 229
1, 201, 479
17, 849

+2.2
+2.6
+6.5
+7.4
+24.5

28, 229
187, 158
33, 575
3.78

25, 062
169, 398
36, 394
3.78

-25.2
+37.7
+2.7
0.0

-27.6
-18.7
+3.3
-2.1

799
93
12, 584
105

905
181
10, 799
93

+40.6
+34.2
-2.5
+12.5

+22.3
+68.8
+0.6
+2.9

6,844
1,353
118, 540

+16.1
-2.0
+5.6

8, 036, 712 8, 422, 014 7, 546, 373
101.0
96.6
104.7
188, 669
196, 633 170, 550
168, 299
180, 846
174, 184
103, 056
87, 563
94, 711
182, 521 189, 187
162, 771
191, 203 198, 352
169, 018
44, 682
46, 401
46, 214

+3.5
-1.3
-0.8
+7.7
-7.2
-2.0
+5.0
-11.6

+0.2 81, 155, 552 79, 133, 374
+4.5
+0.3 1, 803, 566 1,884,120
+14.3 1, 792, 475 1, 895, 916
+15.7
-2.9 1, 722, 084 1, 786, 206
+7.0 1, 803, 514 1, 894, 000
+3.1

PAPER AND PRINTING
Wood Pulp
Mechanical:
Production
short tons.
Consumption and shipments short tons..
Stocks, end of month
short tons..
Imports
short tons__
Chemical:
Production
short tons..
Consumption and shipments. _ .short tons..
Stocks, end of month
.short tons..
Imports
..short tons..
Price
, _ _ .dolls, per 100 lbs._

198, 142
196, 548
42, 350
106, 879
2.68

4
4

2.80

Newsprint Paper
Production
short tons..
Shipraents
-- short tons. Consumption
short tons.Imports
-- short tons._
Exports
short tons._
Stocks, end of month:
At mills
short tons. .
\t publishers
short tons__
In transit to publishers _
short tons_.
Price, roll f. o. b. mill
dolls, per c. lbs_.

145, 088
1,784

3.70

3.70

5

Printing

Boxboard
Operation
inch hours. .8, 012, 001 8, 152, 403 8, 437, 776
100.4
102.2
100.9
Operation
. . _ . . . .per cent of capacity. .
198, 761 197, 186
Production
tons.. 195, 527
191, 840 206, 657
Orders received
- tons.. 210, 385
107, 191 101, 308
Unfilled orders, end of month
tons.. 119, 248
183, 784
Consumption of waste paper
. tons.. 187, 301 187, 620
Shipments
tons.. 203, 766 202, 238 212, 256
52, 072
46, 054
55, 560
Stocks of boxboard, end of month. _.
tons_.
Stocks of waste paper, end of month:
155, 476
167, 705
On hand
- ...tons.- 149, 984
18, 587
14, 598 * 13, 866
In transit
tons..
35, 721
30, 324
29, 761
Unshipped purchases
tons..
Other Paper
Book paper:
103, 772
Production
short tons.. 105, 890
64,064 « 64, 064
Stocks, end of month
short tons..
Wrapping paper:
Production
.
short tons._
93, 002 « 86, 014
99,284 4 90, 205
Stocks, end of month
short tons..
Fine paper:
36,399
Production
short tons
35, 750
Stocks, end of month
short tons. . 51, 145
49, 558
All other grades:
99, 672 * 102, 195
Production
short tons
Stocks, end of month
short tons..
65, 612 * 63, 989
Total paper (inc. newsprint and boxboard) :
Production
short tons.. 651, 392 * 647, 511
Stocks, end of month
short tons.. 370, 742 4 347, 214

5,893
1,381
112, 287

-0.2
+4.5
+5.8
+3.7
+5.0

172,240
15, 319
41, 766

175,946
14, 921
27,804

164, 065
15, 523
29, 423

+7.9
+34.0
-15.1

-4.7
+24.6
+9.1

111,036
64, 705

100, 369
47, 160

111,410
48, 103

104, 725
49,546

+7.0
+1.0

03
+34.5

1, 020, 336

1, 071, 380

+5.0

96, 502
82, 979

89, 114
111,803

90, 130
104, 867

84, 314
109, 586

+12.2
-8.0

+7.1
-20.9

843, 242

902, 302

+7.0

41,235
49, 928

28, 959
50, 685

33, 125
50, 174

29, 944
51,523

+15.3
+0.8

+24.5
-0.5

309, 210

373, 618

+20.8

107, 734
61, 599

94, 157
57, 194

109, 906
57, 602

95,723
57, 977

+5.4
-3.7

-2.0
+6.9

916, 040

1, 009, 296

+10.2

688, 923
235, 706

617, 474
341, 746

670, 633
333, 622

601, 859
339, 620

+6.4
-6.2

+2.7
-2.4

6, 118, 796

6, 499r054

+6.2

3, 026, 479
2, 265, 339
760, 540

3, 450, 264
2, 680, 352
769, 894

+14.0
+18.3
+1.2

797, 019
98,431

894,649
117,349

+12.2
+19.2

Paperboard Shipping Boxes
Production:
Total
Corrugated ..
Solid fiber.
Operating activity:
Total
Corrugated
Solid
fiber

thous. of sq. ft
thous. of sq. ft
thous. of sq. ft

361, 424
280, 261
81, 163

370, 315
290, 698
79, 617

422, 548
341, 384
81,164

302, 181
231, 066
71,115

331, 390
256, 410
74, 980

332, 824
259, 390
73,434

+14.1
+17.4
+1.9

+27.5
+33.1
+8.2

.per cent of normal
per cent of normal
per cent of normal

79
80
74

81
82
79

88
90
81

52
69
79

77
77
78

78
77
80

+8.6
+9.8
+2.5

+14.3
+16.9
+3.8

+3.8

-9.8

Other Paper Products
Rope paper sacks, shipments.. .index number..
Abrasive paper and cloth:
Domestic sales
reams
Foreign sales
..reams.
Labels, orders
per ct. of capacity..

151

133

138

156

153

119

85, 104
8,947
100.9

86,448
10, 997
114.7

102, 603
14, 034
191.6

79,828
8,228
57.2

86, 587
8,591
84.1

73,581
11,940
64.6

46.6
12, 391

46.2
12, 228

28.4
13, 782

32.1
* 13, 605

36.1
13, 653

+18.7 +18.5
+27.6 +63.4
+67.0 +127. 8

BUTTONS
Fresh-water pearl buttons:
Production
.per ct . of capacity. .
Stocks, end of month
thous. of gross..




4

Revised.

48.1
12, 197 _.

i

+4.1
-0.3

+49.8
-10.3

« Nine months' cumulatives, Jan. 1 to Sept. 30.

33

TREND OF BUSINESS MOVEMENTS—Continued
1925

Where available November data have been
included in this table. The cumulativea shown are in most instances,
however, only through October and,
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29 August
to 151 of the August, 1925, "Survey"

PER CENT INCREASE (+) OR
DECREASE (— )

1924

Septem- October
ber

September

October

November

48.7
37.7
44.3

45.8
45.7
48.3

43.5
51.0
45.5

+10.2
+1.8
+8.6

1,302
7,508
131,430

1,299
6,226
150, 824

1,246
5,058
130, 824

-5.4
-16.7
+10.9

+10.0
+13.7
+9.6

195
199

196
193

+0.5
+0.5

Per
cent
increase
( }
or t
decrease
(-)
1925
from
1924

+10.5
+11.6
+7.5

202
203

November

October,
1925,
from
September,
1925

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
OCTOBER 31

-0.5
-1.5

October,
1925,
from
October,
1924

1924

1925

10, 880
49, 094
1, 421, 251

12, 263
51, 986
1, 534, 804

+12.7
+5.9
+8.0

GLASS AND OPTICAL GOODS
Illuminating glassware:
Net orders
Actual production
Shipments billed

per ct . of capacity
per ct. of capacity..
per ct. of capacity..

44.1
40.6
40.8

45.9
*50.1
47.8

50.6
51.0
51.9

1,298
9,058

1,510
8,497
149, 156

1,429
7,079
165, 375

194
195

195
196

4202

205

206

211

208

206

-0.5

-1.4

194

194

194

196

195

195

0.0

-0.5

200
210
199
200

201
210
199
201

203
216
206
203

204
216
206
202

203
215
205
201

+0.5
0.0
0.0
+0.5

-1.5
-2.8
-3.4
-0.5

13, 262
8,643
46, 790
4,744

12, 228
7,231
52, 238
3,937

8,751
4,216
28, 236
4,857

9,664
4,478
32, 143
4,127

10, 038
4,101
34, 779
2,825

-7.8
-16.3
+11.6
-17.0

+26.5
+61.5
+62.5
-4.6

94, 577
41, 226
354, 374
52, 163

126, 253
54, 516
441, 922
52, 137

+33.5
+32.2
+24.7
0.0

8,270
86, 167

5,418
82, 577

5,234
51, 631

4,195
55, 087

3,181
55, 258

-34.5
-4.2

+29.2
+49.9

48, 745
597, 543

61, 343
746, 731

+25.8
+25.0

80, 171
43, 298
250, 417
35, 217

55, 912
63, 316
262, 726
28, 192

43, 316
35, 222
143, 706
31, 728

55, 969
29, 033
166, 199
27, 675

55, 255
34, 373
191, 319
18, 311

-0.1
-30.3
+46.2 +118. 1
+4.9 +58.1
+1.9
-19.9

502, 391
290, 121
1, 691, 926
323,332

706, 567
371, 109
2, 181, 647
359, 511

+40.6
+27.9
+28.9
+11.2

59, 445
79, 668
548, 217

43, 376
66, 007
519, 528

38, 310
52, 034
344, 316

29, 991
101,224
410, 091

22, 947
57, 455
379, 660

-27.0
-17.1
-5.2

+44.6
-34.8
-26.7

339, 533
630, 836
3, 778, 146

482, 082
736, 783
4, 846, 689

+42.9
+16.8
+28.3

25, 396
395

23, 991
647

29, 612
398

27, 944
510

39, 082
392

-5.5
+63.8

-14.1
+26.9

293, 970
6,619

273, 510
6,077

-7.0
-8.2

424, 187
466,639
463, 009
493, 650
457, 732
482, 758
524, 194
444, 856
506, 478
1, 115, 375 1,080,026 1, 026, 246
73, 121
64,893
56, 962

+0.6
+0.9
+2.1
+1.5
+11.2

+4.7
+0.5
+1.0
+11.0
-33.1

4, 593, 974
4, 607, 044
4, 612, 272

4, 808, 175
4, 740, 791
4, 780, 050

+4.7
+2.9
+3.6

705, 180

679, 057

-3.7

BUILDING CONSTRUCTION AND
HOUSING
Rental advertisements:
Portland, Oreg
Minneapolis, Minn

Real estate conveyances (41 cities)

number

number

number.. 145, 571
Building Costs (Index Numbers)
Building materials:
192
Frame house, 6-room, 1st of following mo...
193
Brick house, 6-room, 1st of following mo
Building costs (Engineering News Record), 1st
of following month
205
Concrete factory costs (Aberthaw), 1st of fol194
lowing month
Construction index: e
199
Frame
index number
209
Brick wood frame
index number
200
Brick, steel frame
index number
200
Reinforced concrete
index number

5,136

Construction and Losses
Contracts awarded (36 States) :
17, 295
Commercial buildings
thous. of sq. ft._
4,773
Industrial buildings
thous. of sq. ft
Residential buildings
thous. of sq. ft__ 52, 096
5,246
Educational buildings
thous. of sq. ft_.
Other public and semipublic buildings
thous. of sq. ft_.
8,736
Grand total
thous. of sq. ft.. 88,594
Contracts awarded, value (36 States):
Commercial buildings
thous. of dolls.. 105,849
Industrial buildings
thous. of dolls.. 22, 693
Residential buildings
thous. of dolls.. 263,485
Educational buildings
thous. of dolls.. 33, 667
Other public and semipublic buildings
thous. of dolls. _ 67, 996
Public works and utilities.. thous. of dolls.. 96, 000
Grand total
thous. of dolls. _ 589, 690
Fire losses:
United States and Canada. -thous. of dolls.. 23, 349
575
Great Britain
thous. of £ sterling
Lumber
Southern pine:
Production (computed)
M ft. b. m__ 488, 035
Shipments (computed)
M ft. b. m__ 489, 390
Orders (computed)
M ft. b. m__ 501, 976
Stocks, end of mo. (computed).M ft. b. m__ 1,183,800
49, 029
Exports (incl. timber)
M ft b m
Price, "B"and
better
dolls, per M ft. b. m
45.31
Douglas fir:
Production..
M ft. b. m__ 559, 559
Shipments (computed)
M ft. b. m__ 553, 740
New orders
M ft. b. m.. 589, 104
34, 299
Exports, lumber.
_
M ft. b. m
Exports, timber
M ft. b. m.. 20, 298
17.50
Price, No. 1 common-dolls, per M ft. b. m__
California redwood:
Production (computed)
M ft. b. m.. 47, 182
Shipments (computed)
M ft. b. m._ 47,941
Orders received (computed)... M ft. b. m.. 46," 571
California white pine:
Production
M ft. b. m.. 173, 701
Shipments
M ft. b. m.. 125, 582
619, 829
Stocks, end of month
.. M ft. b. m
Western pine:
Production (computed)
M ft. b. m__ 179, 044
Shipments (computed)
M ft. b. m__ 160, 097
Stocks end of mo. (computed). _M ft. b. m_. 1,006,021
North Carolina pine:
Production (computed)
M ft. b. m.. 61,033
Shipments (computed)
M ft. b. m._ 53, 018
Northern pine:
LumberProduction
M ft. b. m._ 63,407
53, 065
Shipments
M ft. b. m
Orders received
.
M ft. b. m__ 53, 152
LathProduction
M ft. b. m._ 15, 356
Shipments
M ft. b. m__ 11, 144
[Revised.




30, 320

481, 936
484,840
491, 568
496, 022
501, 395
511, 706
1, 181, 906 1, 199, 328
43, 993
48, 932
48.27

39.92

40.31

42.48

+2.1

17.6

600, 295
600, 743
549, 264
61, 457
34,014
16. 50

542, 996
503, 156
637, 898
45, 489
39, 092
16.50

515, 690
465, 106
566, 274
46, 139
23,758
16.50

+5.5
+4.4
-2.7
+24.8
+25.6
0.0

+10.6
+19.4
-13.9
+35.1
-13.0
0.0

4, 903, 531
5, 052, 599
5, 024, 397
537, 470
436, 005

5,416,982
5,601,414
5, 543, 219
491,380
265, 532

+10.5
+10.9
+10.3
-8.6
+39.1

16.50

480,326
488, 383
517, 033
54, 777
32, 766
16.00

39,451
38,620
32, 391

44,089
36, 641
38, 328

36, 897
38,216
37, 103

32,907
36, 610
33, 631

44,532
32, 755
35, 099

53, 507
41, 104
43, 684

+11.8
-5.1
+18.3

-1.0
+11.9
+9.2

473, 624
372, 700
369, 163

435, 815
388, 978
377,485

-8.0
+4.4
+2.3

167,244
129,970
641,152

164, 357
145, 665
659,855

142, 294
104, 829
659,335

126, 115
102, 239
673,923

78, 753
89,684
630, 653

-1.7
+12.1
+2.9

+30.3
+42.5
-2.1

1,034,171
746, 117

1, 202, 320
1, 066, 598

+16.3
+43.0

120,413
145, 737
147, 659
141, 636
125,977
144,203
1,081,443 1,128,395 1,116,779

+3.5
-7.5
+8.6

+21.5
-2.2
-0.1

1,439,236
1,348,920

1, 553, 842
1,421,128

+8.0
+5.4

46.42

47.41

568,960
575, 227
564,484
49, 225
27,078
16.50

* 173, 285
179,358
« 151, 410
140, 097
<1,037,717 1, 127, 472
63,504
55,979

62, 538
51, 352

49, 518
44, 191

51, 849
56, 042

58, 821
53, 844

-1.5
-8.3

+20.6
-8.4

487,069
493, 276

547,323
519, 519

+12.4
+5.3

45,825
50,465
42,994

38,491
55,485
49, 856

56,369
51, 466
42, 313

41, 333
52, 985
39,696

9,185
38, 529
41, 976

-16.0
+9.9
+16.0

-6.9
+4.7
+25.6

485, 314
457, 940
440, 205

508,305
462, 423
420, 707

+4.7
+1.0
-4.4

12, 144
11,194

9,284
9,881

13,290
12, 567

12,381
10, 108

2,314
5,957

-23.6
-11.7

-25.0
-2.2

121, 753
130, 860

131,947
102, 981

+8.4
-21.3

« See p. 26, of the October, 1925, issue for earlier data.

34

TREND OF BUSINESS MOVEMENTS—Continued
1935

Where available November data have been
included in this table. The cumulatives shown are in most instances,
however, only through October and,
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29 August
to 151 of the August, 1925, "Survey"

OctoSeptember

October

November

September

October

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH j OCTO-

PER CENT INCREASE (+) OR
DECREASE (— )

1934

November

ber,
1925,

from
September,
1925

BER 31

Per
cent
increase
(

from
Octo-

1934

1935

or decrease
(-)
1925
from
1924

-y

October,
1925,

ber,
1924

BUILDING CONSTRUCTION AND
HOUSING— Continued
Lumber—Continued
Northern Hemlock:
29,207
28,500
Production
M ft. b. m_. 33,923
19, 265
21, 622
Shipments
_
M ft. b. m__ 20, 890
Northern hardwood:
15, 399
25, 175
Production .
M ft. b. m_. 20, 811
29,508
39, 979
Shipments
M ft. b. m__ 35, 640
Walnut lumber:
3,242
3,363
3,491
Production
M ft. b. m_.
3,237
3,287
3,066
Shipments
.
TVT ft. h. m
20, 858
20, 688
Stocks, end of month . .
M ft. b. m__ 20,895
Walnut logs:
1,842
2,637
2,897
Purchased
M ft log measure
Made into lumber and
2,879
2,637
2,378
veneer
.M ft. log measure..
4,599
3,930
4,770
Stocks, end of month... M ft. log measure..
Hardwoods:
Total stocks—
Total hardwoods .
M ft. b. m__ 781, 610 761, 818 783, 401
Gum
M ft. b. m._ 231, 784 222, 577 226, 808
Oak
M ft. b. m . 242, 544 228, 742 243, 417
Unsold stocksTotal hardwoods
. . .Mft.b.m.. 635, 618 608, 554 619, 997
Gum .
- -M ft. b. m__ 184, 064 171, 838 170, 786
Oak
M ft. b. m._ 194, 514 178, 850 193, 980
Unfllled ordersTotal hardwoods
M ft. b. m__ 171, 277 176, 217 188,400
60, 712
67, 143
Gum
..
.
. M ft. b. m._ 58, 245
55, 712
56, 688
Oak..
M ft. b. m_. 56, 862
206
201
200
Units reporting
number..
All lumber:
Production, 10 species
M ft. b. m .2, 800, 999 2,738,842 2, 839, 217
Exports, planks, joists, etc
M ft. b. m . 132, 089 138, 044 170, 376
Retail yards, Minneapolis
Fed res. dist. —
21, 178
Sales
M ft. b. m.. 22, 545 4 20, 999
Stocks, end of month. _M ft. b. m.. 119, 294 * 115, 453 108, 122
Composite lumber prices:
40.54
40.16
40.58
Hardwoods...
dolls, per M ft. b. m__
30.35
30.17
30.35
Softwoods
dolls, per M ft. b. m._

22, 155
18, 368

21,293
20, 373

12, 159
17, 191

-2.4
+12.2

+33.8

+6.1

214, 873
193, 954

206, 168
182,642

-4.1
-5.8

19, 732
30, 286

14, 430
32, 856

15, 713
26, 835

+63.5 +74.5
+35.5 +21.7

357, 590
288, 740

354, 563
281,889

-0.8
-2.4

3,648
3,255
13, 605

3,990
3,889
14,556

3,990
3,352
15, 176

-3.6
-6.7
+0.8

+43.3

-18.7
-21.2

34, 101
30, 557

38, 740
33,680

+13.6
+10.2

2,543

3,345

3,243

-36.4

-44.9

25, 542

30, 947

+21.2

2,746
2,348

2,997
2,695

3,731
2,931

-17.4
-17.6

-20.7

25, 972

30, 494

+17.4

546, 242
169, 421
188, 942

563, 759
174, 274
193,997

653, 653
202, 489
222, 837

+2.8
+1.9
+6.4

+39.0

428, 003
128, 518
151, 052

455, 080
138, 168
159, 771

516, 247
157, 123
173, 532

+1.9
-0.6
+8.5

+36.2
+23.6

132, 838
46, 633
42, 753
151

123, 485
41, 546
39, 738
157

158, 179
54, 135
54, 927
183

+6.9
+10.6
-1.7
+3.0

+52.6

2, 439, 220 2,509,998 2, 304, 835
157, 877
176, 055
159, 613

+3.7

+13.1 24, 568, 026 26, 549, 826
+7.9 1, 602, 336 1, 590, 016

+8.1
-0.8

+30.1

+25.5
+21.4

+61.6

+40.2

+31.2

* 18, 643
104, 906

17, 946
99, 393

+0.9
-6.3

+13. 6
+3.1

41.90
30.27

42.19
29.79

42.59
30.21

-0.1
0.0

-3.9
+1.9

20, 999
115, 453

41.67
30.59

+23.4

+45.8

4

134, 127

179, 734

+34.0

Flooring
Maple flooring:
Production
Mft.b.m
Shipments
TVT f t, h m
Stocks, end of month _ _
M ft. b. m
Orders booked
M ft. b. m
Unfilled orders, end of month .M ft. b. m..
Oak flooring:
Production
M ft. b. m
Shipmp.nts
"M" f t h m
Stocks, end of month .
M ft. b. m
Orders booked
M ft. b. m_.
Unfilled orders, end of month. M ft. b. m...
Wooden Furniture
£*
Piano benches and stools:
New orders..
Unfilled orders, end of month
Shipments—
Value
Quantity _ .

8,325
10, 567
24, 115
11, 534
11, 136

9,292
10,704
22, 750
9,766
9,980

10, 720
9,439
23, 728
7,916
8,219

6,682
8,374
22, 440
7,553
9,237

7,707
7,761
23, 073
6,864
8,124

7,946
7,284
22,931
8,366
8,859

+15.4
-11.8
+4.3
-18.9
-17.6

+39.1
+21.6
+2.8
+15.3
+1.2

85, 252
80, 165

86,855
86,831

+1.9
+8.3

77,997

85,228

+9.3

46, 282
48, 948
41, 082
54,372
59,844

45, 922
45, 630
38, 372
39, 968
52, 729

49, 498
49, 686
39, 921
40,094
44,793

36, 125
38, Oil
42, 564
33,833
45, 368

42, 253
42, 497
41, 105
34, 657
36,005

37, 064
35, 721
41, 795
46, 103
47,883

+7.8
+8.9
+4.0
+0.3
-15.1

+17.1
+16.9
-2.9
+15.7

344,074
353,304

433, 846
432,808

+26.1
+22.5

344.811

420, 328

+21.9

dollars..
dollars...

79,432
26,440

121, 048
40,648

131, 920
44,440

115, 352
43,296

120,088
40, 120

109,096
39,528

+9.0
+9.3

+9.9
+10.8

849,324

856,300

+0.8

dollars...
pieces

71, 392
11, 863

105, 800
17, 789

115, 024
20,963

98,000
16, 818

123,008
19, 751

116, 728
18, 356

+8.7
+17.8

-6.5
+6.1

840, 410
130, 109

797,848
139, 391

-5.1
+7.1

34,098
81
35,638
116, 123
33, 209
1,132
77, 662

30,072
78
29, 773
104, 286
31, 925
2,362
63,702

28,935

25, 833
88
31, 563
86, 875
27, 070
1,536
74, 089

26, 294
91
29, 142
73, 604
16, 535
924
59, 496

27, 078
89
22, 833
73, 846
10, 839
1,620
45, 840

-3.8
-5.1
-6.3
-4.5
—40 4
+38.1
-19.7

+10.0
-18.7
23

245, 356

288,6.08

+17.6

28, 482
99, 567
19,021
3,262
51, 161

219, 447

226, 693

+3.3

+15.0

235, 749
9,684

243, 733
13,994

+3.3
+44.5

113
7

115
12

117
18

92
22

111
18

93
24

+50.0

+1.7

+5.4
0.0

265, 897
89, 608
159, 309
301, 913

338,857
104, 066
171,830
252, 511

306, 588
86, 164
172, 542
262, 534

272, 172
61, 150
111,846
226, 529

312, 061
44,543
135, 806
186, 977

319, 585
49, 596
126, 945
179, 225

-9.5
-17.2
+0.4
+4.0

+93.5
+27.0
+40.4

1, 302, 579

1, 620, 377

+24.4

15.37

14.75

14.75

14.00

14.00

13.50

0.0

5.4

Brick
Paving brick:
Production—
Actual
thousands
Relation to capacity
per cent. .
Shipments
thousands
Stocks, end of month
thousands..
Orders received
thousands. .
Cancellations
thousands
Unfilled orders, end of month.. thousands..
Common brick:
Firms reporting
number..
Plants dosed down
_ ^number . .
Stocks, end of month—
Burned
thousands..
Unburned
thousands..
Shipments
thousands
Unfilled orders
thousandsPrice—
Wholesale, red, New
York
dolls, perthous..
4
Revised




14.75

+24.4

+35.3
+253. 0

-14.0

1 8
— 1. o

!

35
TREND OF BUSINESS MOVEMENTS—Continued

Where available November data have been
included in this table. The cumulatives shown are in most instances,
however, only through October and,
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29 to
151 of the August, 1925, "Survey"

PER CENT INCREASE (+) OR
DECREASE (— )

1924

1925

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
OCTOBER 31

i

August

September

October

November

September

October

Per

cent
in-

crease
( )

October,
1925,
from
September,
1925

Octofrom
Octo-

1924

+4.3
+5.6
+7.1
— 1.1

+20.6
+35.2
+38.6

43, 126
37, 820

1,170
7,910

12,648

43, 479
43, 647
15, 710

124, 006

138, 754

125,283 i
129,952 j

136,833
139,620

+9.2
+7.4

82, 184
51, 555

95,436

+16.1
+15.9

2,893,019 2, 769, 549

-4.3
-16.7

November

ber,
1925,

or t
de-

crease
1935

1925

from
1924

ber,
1924

BUILDING CONSTRUCTION AND
HOUSING— Continued
Floor and Wall Tile
Production
thous. of sq. ft
Shipments, quantity
thous of sq ft
Shipments, value
thous. of dolls..
Stocks, end of month
thous ofsq ft
Prices:
Ceramic mosaic
dolls, per sq. ft..
White wall tile (standard) _dolls. per sq. ft..

4,809
4,867

« 5, 092
< 5, 178
< 1, 892

4,090
3,770

5,313

6,624

46,617

5,470
2,027
6,542

.24
.40

.24
.40

.24
.40

15, 451

2,002

18, 550
2,156

12, 341
1,607

18,383

16, 419

15, 939
17, 711

11, 952

10,247

1.75
1.75

4,404
4,047

3,882
3,280

7,533

1,462
7,821

.24
.40

.24
.40

.24
.40

0.0
0.0

13, 864
1,696

11,471

9,526

10, 374
1,106

-33.5
-25.5

+29.6
+68.4

15, 992
15, 309
4 10, 979

13, 639
10, 169
14, 450

14, 519
16, 827

14, 820
17, 160

13, 141

6,073

10,289
8,928

+0.3 +7.9
-13.6 -10.8 j
+6.7 +80.0

1.75
1.75

1.70
1.75

1.65
1.75

1.75
1.75

1.75
1.75

1.75
1.75

-2.9
0.0

9,730
4,087

6,135
3,711

6,839

6,806

3,000

1,891

-36.9
-9.2

-9.9
+15.6

278, 662
11, 839

291, 549
12, 186

292, 662
12, 188

344, 905
15, 712

333, 121
15, 538

311, 178
14, 390

+0.4
0.0

-12.1
-21.6

+24.2

-2.9
0.0

9,594
6,368

+0.8
+15.4

0.0
0.0

1,788

1,308

-16.4

Architectural Terra Cotta
Bookings:
Quantity
Value

_.-

net tons..
thous. of dolls..

1,184

954

+11.9

Portland Cement
Production
Shipments
Stocks, end of month
Price:
Chicago district
Lehigh Valley

thous. of bbls._
thous of bbls
thous of bbls
dolls per bbl
dolls per bbl

8,404

Highways
'Concrete paving contracts
awarded:
Total
.__
thous. ofsq. yds..
Roads
thous of sq. yds
Federal aid highways under construction (end of month) :
Estimated cost
thous of dolls
Distance
miles

8,818

3,211

147, 972

59, 729

123, 331

Roofing
Preparing roofing:
Shipments
thous of roof squares
Dry roofing felt:
Production
tons
Stocks, end of month
tons

3,003

3,176

3,473

3,192

3,227

2,416

+9.4

+7.6

26,794

23,773

22, 794
3,951

23, 272
3,231

23, 946

19, 245
1,850

20, 445
1,768

17, 327
1,946

+2.9
-20.9

+17.1

174, 367

208, 148

.number. _ 129,629
90,441
number
129, 113
number

122, 564
84, 933
121, 235

127, 355
85, 555
109, 711

104, 622

93, 878
88, 980
77, 361

75,075

+3.9
+0.7
-9.5

+35.7

171,999

82, 765

+4.4
+16.7
-14.5

2,556

+44.6

-11.3
+19.4

Sanitary Ware
Baths, enamel:
Orders shipped
Stocks end of month
Orders received _
Lavatories, enamel:
Orders shipped
Stocks end of month
Ordp.rs rAneived
^
-Sinks, enamel:
Orders shipped
Stocks, end of month
Orders received
Miscellaneous, enamel:
Orders shipped
Stocks, end of month
Orders received
Unfilled orders, end of month:
Baths
Small ware.-

•
90, 112

77,068

998, 750

1, 145, 660

+14.7

987, 559

1,190,074

+20.5

+38.3
+48.2
+32.0

1, 153, 748

1, 319, 435

+14.4

1, 053, 129

1, 335, 192

+26.8

-3.8
+41.8

number
number
mimbftr

140, 391
218, 728
144, 573

139, 858
205, 012
144, 267

145, 951
239, 269
123, 337

103, 002
147, 318
93, 358

105, 497

number-number
number--

135, 211
252, 703
141, 633

140, 046
239, 654
143, 765

140, 669
201, 847
124, 613

110, 666
197, 932

91, 625
228, 438
91, 340

+0.4
-15. 8
-13.3

+22.6

1, 253, 095

1, 323, 958

+5.7

92,604

114, 710
215, 939
95, 717

+30.2

1,141,892 1, 331, 573

+16.6

number
number
number. _

160,085

58, 747

63, 884

56, 701
151, 433
57, 524

50, 716
142, 542
46, 415

75, 312
132, 121
62, 581

71, 508
158, 351
55, 261

50, 716
151, 675
48, 674

-10.6
-5.9
-19.3

-29.1
-10.0
-16.0

113, 328
number
number. . 260, 171

107, 316
261, 737

79, 437
192, 576

131, 904
286, 783

79, 444
206, 332

64, 876
174, 127

-26.0
—26 4

0.0
-6.7

68,017

19, 438

30, 525
70, 454

27,867
65, 664

-40.7
-14.4

1,252
76, 457

849
102, 371

842
78, 366

CHEMICALS AND OILS
Imports:
21,041
Potash
long tons
29,451
17,455
Nitrate of soda
long tons.. 92, 082
56, 764
48, 587
JExports:
Sulphuric acid
thous of Ibs
441
478
383
110, 558
Total fertilizer
long tons
94, 089
87,568
Dyes and dyestuffs—
430, 554
235, 796
333, 986
Vegetable
Ibs
Coal tar .. Ibs.. 2, 205, 476 2, 511, 898 1, 717, 766
Price index numbers:
190
195
Crude drugs
index number
196
171
179
191
Essential oils
index number. Drugs and
158
158
158
Pharmaceuticals
index number
112
Chemicals
index number
113
113
158
Oils and fats
index number
158
156
Price, sulnhuric acid 66° N. Y ind«x number. .
.70
.70
.70
4 Revised.




68,373
88,913

161,474

93, 415

85, 790

-6.5

750, 201

649, 983

-13.4

651, 518

588, 867

-9.6

-42.8
-31.0

168, 876
859, 666

214, 468
997, 898

+27.0

-19.9
-20.8

-54.9
-14.5

9,482
900,858

6,547
955, 702

-31.0
+6.1

224, 963
355, 104
187, 401
970, 880 1,079,935 1, 267, 978

+41.6
-31.6

-5.9 2, 608, 347 3, 169, 167
+59.1 13, 423, 517 20, 956, 301

+21.5
+56.1

191
215

210
142

212
142

222
148

-0.5
+6.7

+34.5

157
113
156
.70

157
111
143
.70

156
110
147
.70

157
112
151
.70

0.0
0.0
+1.3
0.0

+1.3
+2.7
+7.5
0.0

-8.0

+16.1

36

TREND OF BUSINESS MOVEMENTS—Continued
1925

Where available November data have been
included in this table. The cumulatives shown are in most instances,
however, only through October and,
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29
to 151 of the August, 1925, "Survey"

August

September

PER CENT INCREASE (+) OR
DECREASE (— )

1924

October

November

September

October

November

October,
1925,
from
September,
1925

3.00

8,449
10, 025
18, 070
2,402
3.00

9,803
12, 047
15, 259
1,367
3.00

10, 327
11, 698
11, 890
3,512
3.00

-0.6
+1.4
-9.6
-68.2
0.0

464, 702
539, 333 562, 828
578, 381 621,412
627, 586
1, 656, 499 1, 551, 678 1, 372, 786

October,
1925,
from
October,
1924

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
OCTOBER 31

Per
cent
increase
(+)
or decrease

1924

1925

1925
from
1924

+12.6
+1.5
-11.3
-68.8
-8.3

108, 363
97, 109

113,626
111, 238

+4.9
+14.5

18, 614

14, 498

-22.-1

+2.7
+24.9
-12.3

+0.7
+20.7
-16.6

5,809
5,874

5,764
5,838

-O.g
-0.6

CHEMICALS AND OILS-Continued
Wood Chemicals
Acetate of lime:
11,971
11, 114
11, 042
Production
thous. of IDS..
11, 402
12, 224
12, 051
Shipments or use
thous. of Ibs..
14,974
16, 804
13, 535
Stocks, end of month
thous. of Ibs..
1,340
1,231
426
Exports
thous. of lbs__
2.75
2.75
2.75
Price
dolls, per cwt..
Methanol, crude:
Production
galls.. 4 577, 883 529, 090 543, 366
Shipments or used
- galls. _ 4 625, 258 4 600, 446 749, 959
Stocks, end of month
galls.. 41,568,557 41,475,683 1, 294, 655
United States— d
Purchased by refiners
galls. _ 4 435,423 454, 391 681, 985
621, 670 619, 182 905, 952
Consumed by refiners
galls
Stocks at refineries, end of month.galls.. 1, 465, 549 1, 362, 188 1, 064, 365
d
Canada—
Purchased
galls. _
22, 188
12,200
Consumed
-- ..galls..
19, 889
Stocks, end of month
galls. . 42, 077
36, 606
Methanol, refined: d
United States—
Produced _.
galls.. 525, 683 509, 195 671, 808
Stocks, end of month at refineries, galls .. 575, 492 526, 176 515, 917
d
Canada—
26, 898
11, 500
Produced
galls. .
40, 129
32, 443
Stocks, end of month
galls. . 32, 007
9,881
19, 558
15, 320
Exports '
galls. .
4
.58
.58
.58
Wholesale price refined, New York.per gal—
Wood at chemical plants:
61, 519 4 59, 144
58, 244.
Consumption (carbonized.)
cords
Stocks end of month
cords. . 529, 294 493, 843 476, 235
Daily capacity:
4,639
4,639
4,639
Total
cords..
3,668
3,728
3,668
Reporting
cords..
507
745
459
Shut down
cords..

1

19, 747
.68

50, 901
.69

42, 218
.68

+27.7
0.0

-61.6
-15.9

563, 109

322, 650

-42.7

49, 850
645, 956

57, 624
633, 428

55, Oil
538, 798

-1.5
-3.6

+1.1
-24.8

628, 333

608, 417

-3.2

4,819
3.724
926

4,819
3,784
709

4,819 |
0.0
3,712
0.0
581 +46.9

-3.1
+5.1

13, 118
12, 012
2,632

.58

15, 962
14, 515
2,881

16, 452
16, 211
1,975

8 94, 066
8 81, 428

8 131, 858
« 115, 843

+40. 2
+42.3-

O <J

Ethyl Alcohol
Production .
thous. of gals..
Withdrawn for denaturation.... thous. of gals..
Warehouse stocks, end of month. thous. of gals..

18, 550
16, 823
7,831

19, 859
18, 021
8,913

Explosives
(Blaek powder, permissibles, and other high
explosives) ,
Production
thous. of lbs_.
Shipments
thous. of Ibs _
Sales
thous. of Ibs. _
Stocks
.thous. of lbs._

37, 436
37, 429
36, 402
16, 585

35, 844
35, 454
33, 020
17, 335

33, 049
33, 414
32, 594
16, 309

37, 158
37,062
35, 777
16, 314

41, 030
39, 236
36, 554
18, 194

33, 973
33, 591
32, 513
18, 355

-7.8
-5.8
-1.3
-5.9

-19.5
-14.8
-10.8
-10.4

339, 700
347, 074
329, 625

346, 283
347, 554
333, 846

+!.»
+0.1
+1.3

34, 013
48, 149

26, 367
48,404

34, 364
52, 856

26, 858
41, 587

24, 924
51, 489

-22.5
+0.5

-1.8
+16.4

259, 420

253, 713

-2.2

883, 320

912, 782

+3.3-

Naval Stores
Turpentine (3 principal ports) :
Net receipts
barrels. _ 36, 945
Stocks end of month
barrels __
58, 437
Price, southern, in barrels*
1.013
New York
dolls, per gal..
Rosin (3 principal ports) :
Net receipts
- barrels __ 122, 022
Stocks, end of month
barrels.. 202, 247
Price, common to good (B),«
10.89
New York
dolls, per bbl_.
Fats and Oils
Total vegetable oils:
Exports
Imports
Oleomaragine:
Production
Consumption

-thous. of Ibs. _
thous. of Ibs..
thous. of lbs_.
thous. of Ibs. .

Cottonseed
Cottonseed stocks, end of month..
tons..
Cottonseed oil:
Stocks, end of month ..
thous. of lbs._
Production
thous. of Ibs..
Price, New York
dolls, per lb_.

1.121

1.128

115, 023
181, 940

100, 264
181, 613

14.19

15.88

3,486
47, 316

3,923
32, 057

17, 191
17,068

19,328
20, 057

189, 542

18,041
33, 846
.113

.887

.880

.851

+0.6

+28.2

113,209
273, 721

92, 962
228,614

105, 007
228, 673

-12.8
-0.2

+7.9
-20.6

6.12

7.16

7.60

8,183
52, 179

1,156
46, 118

2,669
40, 924

9, 770 +108. 6 +206.6
55, 582 +62.8 +27.5

29, 785
702, 625

49, 471
534, 903

+66.1
-23.9*

25, 947
25, 612

19,260
20,202

20,054
19, 217

17,062
17, 115

194,328
192, 760

186, 321
182, 776

-4.1
-5.2'

776, 017 1, 270, 770

390, 049

55, 972
142, 939
.107

Flaxseed
Minneapolis and Duluth:
1,412
5,593
Receipts
thous. of bushs ..
602
1,965
Shipments
thous. of bushs
2,453
Stocks
_._thous. of bushs..
291
Linseed oil: Shipments from
13, 840
Minneapolis
thous. of Ibs.. 10,881
Linseed-oil cake: Shipments from
24, 916
Minneapolis
thous. of Ibs.. 24, 490
4
Revised.

8 Nine months' cumulatives Jan. 1 to Sept. 30.



1. 116

91, 976
232, 566
.099

15.94

+11.9 +121. 8

+34.2
+27.7

+29.4
+33.3

5,515
2,593
3,302
17, 769

14, 676

33, 958

35, 190 |

+63.8

+45.5

83,497
213,659
.113

106, 795
231, 359
.110

+64.3
+62.7
-7.5

+10.2
+8.8
-12.4

716, 572

1, 052, 163

+46. a

3,664
1,747
1,063

.101

873, 368 1,184,803

10,242
6,097
2,455

8,474
6,792
2,096

-1.4
+32.0
+34.6

-46.2
-57.5
+34.5

17, 036
9,901

18, 431
7,623

-23. a

8,883

18, 564

17, 947

+28.4

-4.3

96, 727

135, 923

+40. 5,

15,955
29, 281
29, 572 +36. 3 +16.0
147, 589
* See p. 17, of the October, 1925, issue for earlier data.
• See p. 22 of the November, 1922, issue for earlier data.

223, 643

+51. 5

44, 222
92, 379
.108

+8.2

37

TREND OF BUSINESS MOVEMENTS—Continued

Where available November data have been
included in this table. The cumulatives shown are in most instances ,
however, only through October and,
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29
to 151 of the August, 1925, "Survey"

August

PER CENT IN, CREASE (-f) OR
DECREASE (— )

1924

1925

Septem- October
ber

November

September

October

November

October,
1925,
from
September,
1925

October,
1925,
from
October,
1924

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
OCTOBER 31

1924

1925

Per
cent
increase
(+)
or decrease
(-)
1925
from
1924

1

FOODSTUFFS
Wheat
Production, monthly estimate: 6
Winter
thous
Spring
thous
Total
thous
Visible supply:
United States
thous
Canada
thous

of bushs
of bushs
of bushs

415, 697
283, 872
699, 569

415, 697
281, 575
697, 272

of bushs
of bushs

38, 167
7,586
43, 342
27, 652

54, 543
58, 366
57, 862
28, 151

49, 651
76, 239
36, 045
24, 508

9,391
12, 092

4,354
8,910

15, 336

15, 876

41,896

1.639
1.680

1.555
1.667

1.549
1.635

Wheat Flour
(Bureau of the Census}
42, 817
Wheat, ground
_
thous. of bushs
9,292
Production, wheat
flour
thous. of bbls_.
754, 446
Production grain offal
thous oflbs
56
Per cent of capacity operated
per cent

45, 952
9,938
833, 270
62

11, 049
10, 676
7,400

590, 037

415, 697
281, 575
697, 272

282, 636
872, 673
88, 291
13, 501
82, 075
58, 482

96, 528
52, 099
88, 022
72,066

105,533 i
76, 740
60, 503
50, 151

-9.0 -48.6
+30.6 +46.3
-37.7 -59.1
-12.9 -66.0

393, 734
275, 889

290,896
210, 415

26 1
-23.7

32, 662
39, 244

45, 128
53, 538

27, 831
35, 102

-53.6 -90.4
-26.3 -83.4

120, 681
179, 177

82, 010
122, 188

-32.0
-31.8

10, 268

14,288

26, 982 +163. 9 +193. 2

157,801

130, 497

-17.3

1.350
1.343

1.486
1.528

1.529
1.574

-0.4
-1.9

+4.2
+7.0

49, 600
10, 687
903, 470
61

47, 857
10, 459
823, 390
64

51, 863
11,371
977, 381
65

41, 982
9,187
719, 164
59

+7.9
+7.5
+8.4
-1.6

-4.4
-6.0
-7.6
-6.2

412, 910
89, 270
7,402,795

393, 764
85, 673
6, 898, 330

-4.6
-4.0
-6.8

12, 501
10, 701
8,400

13, 165
12, 655
7,900

13, 798
11, 160
8,675

13, 404
11, 107
9,100

11, 665
11, 468
7,700

+5.3 -1.8
+18.3 +13.9
-6.0 -13.2

109, 891
94, 600

103, 544
93, 295

874
685

800
661

1,012
1,022

1,463
967

1,872
1,145

1,616
905

+26.5 -45.9
+54.6 -10.7

12, 960
9,743

9,240
8,065

-28.7
-17.2

8.831

8.310

8.263

8.538

7.440

8.013

8.163

-0.6

7.570

7.431

7.410

7.613

6.059

6.669

6.870

-0.3 +11.1

4,663
727

7,143
1,062

10, 181
1,197

7,745
1,010

9, 558
1,097

7,644
1,218

+6.5
+9.1

74, 896
10, 280

65, 966
7,813

-11.9
-24.0

1,029
9,347
1,828
7,519

1,601
15, 043
2,451
12, 592

2,308
17, 782
5,279
12, 503

1,737
15,157
2,357
12, 800

2,143
15, 945
2,568
13, 377

+7.7
1,708 +44.2
16, 199 +18.2 +11.5
3,703 +115.4 +105. 6
12,496
-0.7 -6.5

16, 783
153, 671
43, 207
97, 087

14, 699
99, 219
21, 727
77, 492

-12.4
-35.4
-49.7
-20.2

Production, monthly est 8
thous of bushs 2, 885, 108 2, 917, 836 3, 013, 390
849
1,240
1,292
Exports, including meal
thous. of bushs
7,135
5,912
2,209
Visible supply
thous of bushs
12, 583
12, 881
Receipts principal markets. -.thous. of bushs.. 17, 774
9,373
8,318
8,693
Shipments, prin. markets
thous of bushs
5,567
7,037
5,902
Orindings (starch, glucose)
thous. of bushs..
Prices, contract grades, No. 2,
.917
1. 052
.828
Chicago
dolls per bush

2,436,513
729
8,497
19, 511
11, 826
6,926

932
8,072
15, 223
7,126
5,433

+4.2 +77.2
-62.6 -74.0
+2.4 -34.0
+4.5
26.5
+19.2 +1.6

18, 663

8,830

-52.7

6,497

802
6,400
21, 428
11,937
6,368

233, 971
151, 902
64, 392

176, 007
115,310
57, 278

-24.8
-24.1
-11.0

.841

1.163

1. 105

1. 130

226, 196

204, 473

-9.6

5,793

32, 394

+459. 2

Shipments, prin. markets
thous. of bushs__
Exports:
United StatesWheat only
thous. of bush
Including wheat flour thous of bush
Canada—
Wheat only
thous of bushs
Prices:
No. 1, northern, Chicago. .dolls, per bush..
No. 2, red winter, Chicago .dolls per bush.,

7,901
11,832

6

49, 774
103, 584

1.612
1.711

(Russell's Commercial News}
Production
thous ofbbls
Consumption
thous of bbls
"Stocks, all positions
..thous. of bbls..
Exports:
United States
thous ofbbls
Canada
thous. ofbbls
Wholesale prices (Dept. Labor):
Flour, standard patents,
Minneapolis
dolls, per bbl..
Flour, winter straits,
Kansas City
dolls per bbl

-5.8
-1.4

+3.1

Canadian Milling

Qrindings:
Wheat
thous ofbbls
Oats.
thous. of bushs
Production:
Wheat flour . .
theus.ofbbls
Total oatmeal and rolled oats.thous. of bis..
Oatmeal
thous. of lbs_.
Rolled oats
..
thous. oflbs
Corn

3,077

+42.5
+12.7

-9.7

-25.1

Other Grains

Oats:
1, 541, 900
Production, monthly est.6.thous. of bushs.. 1,461,945 1, 470, 384 1,470,384
Receipts, principal
29, 243
48, 399
39, 149
18, 918
55, 710
18, 620 -35.3 -51.7
markets __ __ _. .thous. of bushs
71, 997
-1.1 -2.7
54, 715
69, 960
69, 216
71, 157
50, 690
Visible supply *
thous. of bushs
68, 739
2,735
1,366 -24.4 +73.5
7,073
6,279
4,744
662
Exports, including meal. -.thous. of bushs..
Prices, contract grades,
.524
.522
.497
.415
.398
.402
+1.0 -23.0
.403
Chicago
dolls per bush
Barley:
Production, monthly
221, 713 226, 786
187, 875
226, 786
est 6
thous. of bushs
Receipts, principal
11, 929
14, 993
12, 296
7,258
-57.0 -47.6
6,445
13, 965
markets .
thous. of bushs
5,209
3,367
6,036
5,642
4,700
-6.5 +8.3
5,481
6,422
Visible supply*
thous. of bushs
5,315
2,710 -66. 6 -42.7
4,564
9,103
1,955
3,043
Exports
thous. of bushs
Price fair to good, malting,
.864
-1.1 -18.2
.809
.908
.751
.743
.866
.715
Chicago
dolls, per bush
Rye:
63, 446
51, 768
Production, monthly est.6.thous. of bushs.. 51, 768
51, 768
Receipts, principal
1,939
6,639
17, 708
8,932
14, 291
-50.2 -81.3
3,304
markets
..
thous. of bushs
1,054
10, 927
1,323
127
11, 579
88.0 -98.8
1,036
Exports, including flour.. .thous. of bushs..
1.069
.883
1.275
1.312
-5.1 -34.3
1.016
.857
.838
Price. No. 2. Chicago
dolls, per bush..
4
6 Revised,
Total crop estimated at first of month following that indicated. Data for a year ago represent final estimates of the 1924 crop.
* See p. 23 of the November, 1925, issue for earlier data.
• See p. 23 of the November, 1925, issue for earlier data.



49, 820

57, 044

+14.5

13, 268

25, 126

+89.3

52, 233
34,801

25, 024
28, 742

-52.1
-17.4

38

TREND OF BUSINESS MOVEMENTS—Continued
I

1925

Where available November data have been
included in this table. The cumulative* shown are in most instances,
however, only through October and,
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29
to 151 of the August, 1925, "Survey"

PEE CENT INCREASE (+) OR
DECREASE (— )

mi

!

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
OCTOBER 31

Per

cent
in-

crease1
OctoAugust

September

October Novem- ' September
ber

October

November

(+)
or de-

ber,
1925,

Octo-

September,
1925

from
Octo-

1924

-40.9

-75.3

251, 704

219, 539

from

crease

ber,
1925,

1925

1925

from

ber,
1924

1924

FOODSTUFFS— Continued
Total Grains
Total grain exports incl flour thous ofbushs

25, 354

4

30, 668

18, 116

54, 242

73, 243

41, 433

-12.8

Rice
Southern paddy, receipts at mills
bbls_.
Shipments:
Total from mills . . pockets (100 Ibs.) _ .
New Orleans
pockets (lOOlbs.).Stocks, end of month:
Mills and dealers
pockets (lOOlbs.)..
Imports
pockets (100 Ibs .) . _
Exports
pockets (100 Ibs.)

566, 268

853, 330

925, 254 1, 130, 866

948, 625 2, 182, 793 1, 905, 168

+8.4

-57.6

5, 611, 246

6,061,862

+8.0

315, 239

619, 078
135, 778

842, 366
186, 218

834, 604
172, 564

730, 544 1,303,227 1, 300, 775
232, 916
339, 350
300, 075

+36.1
+37.1

-35.4
-37.9

6, 067, 862
1, 386, 856

4,857,567
1, 230, 554

-19.9
-11.3

398, 186
109, 753
25, 865

632,444

751, 680 1, 090, 571
18, 568

638, 303 1, 567, 621 2, 265, 121
14, 855 -23.9
16, 335
11,918
216, 418 +112. 5
27, 675
89, 679

+55.8

338, 437
1, 055, 600

584, 924
543, 199

+72.8

+15.0
+0.1
+13.5
-36.9
-19.3

82, 995
209, 189
25, 275
80, 244
805, 769

83, 706
207, 913
24, 919
69, 007
701, 722

+0.9
-0.6
-1.4
-14.0
-12.8

+29.3
+43.7

+1.9
+0.7
-7.2
+1.3

19,250

+65.1
+18.2

19,730
7,586
2,987

+2.5
-2.5
-3.9
+5.9

4, 347, 776
4, 259, 764
135, 689

4, 503, 251

+3.6
+5.4

101,054

24, 409

13,293

28,248

-68.5

-48.5

Other Crops

Apples:
Cold-storage holdings
(end of month)
.thous. of bbls..
64
Car-lot shipments
carloads . . 3,956
Potatoes, car-lot shipments
carloads
14, 326
Onions, car-lot shipments
carloads. _
2,391
Citrus fruits, car-lot shipments
carloads..
2,442
Hay, receipts
tons
79, 611

4

1,422

7, 489
41, 324
32, 545
5,157

J9,103
22, 763

3,994
2,379

2,639

9,404
19, 478
15, 980

2,968
9,229

5,758

7,743 +426. 7 +30? 1

820
13, 261
20, 450

35, 937
32, 524

19, 045 +116. 3
20, 191 +43.0

3,864

4,545

2,876
11,307

79, 516

76, 687

3,116
86, 031

4,185
95, 037

81, 001

886
360
1,281

2,157
938
422
1,227

2,789

2,566

2,737

2,363

444, 466
438, 308
11, 028

473, 961
469, 523

45, 214

40, 719

12.08
.185
.188

2,549

+29.1
+10.9
36

Cattle and Calves
Cattle movement, primary markets:
Receipts
thousands
Shipments, total
thousands .
Shipments, stocker and feeder thousands
Local slaughter
_- _
thousands..
Beef products:
Inspected slaughter product.thous. of Ibs..
Apparent consumption
thous. of Ibs . .
Exports
thous of Ibs
Cold-storage holdings
(end of month)
thous. of Ibs..
Prices, Chicago:
Cattle, corn-fed ..dolls, per 100 Ibs..
Beef, fresh native steers
dolls, per lb_.
Beef, steer rounds, No. 2
dolls. perlb._

2,245

4

9,520

1,096
549
1,267

551, 766
515, 746
16, 763

463, 064
415, 825
14, 417

+20.1
+18.4
-10.7

+3.1
+7.8
-48.5

1,166
580
1,312

569, 094
556, 161

8,634

4

1, 339
751
1,432

481, 787
467, 062
16, 375

1,348
697
1,450

7,781
3,109

11,317

11, 982

4,488,651

-ion,

116, 810

47, 481

73, 537

47, 538

67, 244

100, 239

+16.6

-29.4

12.44
.185
.173

11. 91
.185
.160

10.58
.178
.140

9.02
.165
.160

9.50
.172
.136

9.16
.183
.129

-4.3
0.0
-7.5

+25.4

952
30
1,586

2,741
1,092
33
1,645

3,390

1,323
45
2,081

3,216
1,252
35
1,959

3,990

4,904

1,469
56

+23.7

-15.0
-9.9

2,525

1,760
40
3,132

43, 905
16, 173
420
27, 721

35, 705
13, 124
434
22, 589

457, 345
490, 419
83, 031

465, 179
521, 474
100, 152

583, 564
609, 667
81, 321

492, 734
561, 717
114, 652

560, 043
637, 521
132, 686

668, 552
550, 235
91, 730

+4.2
-4.4
-38.7

7, 068, 802
5, 871, 508
1, 483, 126

5, 968, 350
5, 478, 669
1, 033, 223

-18.7
-18.9
+3.3
-18.5
15 6
-6.7
on «>

698, 513

539, 069

583, 789

467, 443

90,421
45, 740

84, 972
60, 646

1, 607, 410
818, 090

1, 215, 788
577, 990

-24.4
-29.3

114, 724

71, 626

13.13
.298
.179

12.88
.292
.178

11.69
.283
.164

2,627

3,198

1,613
839
981

1,338
945

1,876
973
1,097

41, 701
40, 537

+7.6
+17.6

Hogs and Pork
Hog movements, primary markets:
Receipts _.
_. .
thousands..
Shipments, total
thousands
Shipments, stocker and feeder. .thousands..
Local slaughter
thousands _ _
Pork products total:
Inspected slaughter product. .thous. of Ibs..
Apparent consumption
thous. of Ibs..
Exports
thous. of Ibs
Cold-storage holdings, total
(end of month)
thous. of Ibs..
Fresh and cured
(end of month)
thous. of Ibs..
Lard (included in pork products) :
Production
thous of Ibs
Exports
_ _ ..thous. of Ibs .
Cold-storage holdings
(end of month).
-thous. of lbs_.
Prices:
Hogs heavy, Chicago
dolls, per 100 Ibs..
Hams, smoked, Chicago
dolls, perlb..
Lard, prime contract, N. Y.-dolls. per lb_.

4

4

+21.2

+36.4 -19.6
+26.5 -17.6
+25.4

+16.9
-18.8

417, 942

649, 371

439, 437

463, 233

-20.3

-2.2

392, 605
4

429, 861

384, 631

565, 173

407, 731

427, 520

-16.0

-3.7

104, 288
44, 745

106, 148

103, 645
65, 810

106, 781

60,813

130, 184
49, 120

+22.7

-26.2

-2.3
-26. 5

84, 198

31, 706

35, 713

-48.0

+17. 5

9.86
.223
.144

10.78
.216
.165

9.58
.205
.153

3,027

3,295
2,267

1,879
1,154
676
540

+21.7
+41.8

+59.5
-3.7

-2.9
+0.9
-7.1
-7.4

18, 717

1,441
1,020

42, 548
42, 179

43, 566
42, 847

35, 801
35, 600

+1.4
-2.5

-4.3
54

381, 875
381, 385

4

37, 256

33, 311

11.32 !
.282
.162

-9.2
+8.4
-3.1 +31.0
-0.6
-7.9

jj
1

Sheep and Lambs
Sheep movement, primary markets:
Receipts
thousands
2,064
Shipments, total
. thousands
1,037
Shipments, stocker and feeder .thousands..
421
Local slaughter
thousands
998
Lamb and mutton:
Inspected slaughter product.. thous. of Ibs.. 38, 870
Apparent consumption
thous. of Ibs. . 38, 659
Cold-storage holdings
(end of month)
_
..thous. of lbs_.
1,339
Prices:
Sheep, ewes, Chicago
dolls, per 100 Ibs. _
6.40
Sheep, lambs, Chicago. . -dolls, per 100 lbs._ 14.60

41, 117
41, 584

1,112

6.19
15.09

2,287
4

4

393, 959
394, 419

+0.3
+0.3
-6.3
0.0
+3.2
+3.4

+3.4 11, 798, 453 10, 865, 560
-6.1
-2.3 10.512.657 11. 171. 367

4-fi a

1, 435

1,549

2,525

3,166

3,326

+29.0

6.79
15.25

5.41
13.18

5.81
13.44

6.33
13.34

+3.6
-1.9

-1-13.2

3,560
8,767

+10.3
+10.2

1, 017, 069 1, 155, 375 1, 167, 417
699, 434
509, 847
566, 798
1. 070. 958 1. 196. 114 1. 001. 660

18, 780
9,917

-54.7

6.41
14.81

9,889
3,798
8,770

Total Meats
Production, inspected slaughter .thous. of Ibs.. 940, 681 980, 257 441,194,359
Cold-storage holdings
..thous. of lbs_. 745, 066 580, 906 4 478, 777
Apparent consumptionthous. of Ibs . 967. 386 1, 032, 579 1.169,154
< Revised.




493, 028

+21.8
-17.6

-7.9

39
TREND OF BUSINESS MOVEMENTS—Continued
1925

Where available November data have been
included in this table. The cumulatives shown are in most instances,
however, only through October and,
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29 to
151 of the August, 1925, "Survey"

PER CENT INCREASE (+) OR
DECREASE (— )

1924

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH OCTOBER 31

Per
cent
increase
( )
or t
decrease

OctoAugust

Septem- October November
ber

September

October

November

Octo-

from

from
Octo-

1924

1925

222, 033

193, 140

17.0

177, 663

214, 236

+20.6

+26.3

5, 200, 096

5, 433, 047

+4.5

524, 161

500,344

-6.5

185,248

190, 782

+3.0

14,424

14,418

0.0

56, 568

35, 187

-37. &

ber,
1925,

September,
1925

ber,
1925,
ber,
1924

&

from
1924

FOODSTUFFS— Continued
Poultry
Receipts of 5 markets
Cold-storage holdings
(end of month)

thous . of Ibs . _

17, 466

18, 8.04

* 27, 507

62, 272

20,093

27, 263

61, 784

+46.3

+0.9

thous. of Ibs. _

47, 946

44, 345

4 53, 787

86, 742

40, 070

55, 139

87, 939

+21.3

-2.5

28,184
21, 186
Total catch, prin. fishing ports.. -thous. of lbs._ 26, 839
55, 447
58,358
Cold-storage holdings, 15th of mo.thous. of lbs_. 47, 474
Canned salmon, shipments
cases.. 757, 479 1, 205, 930 1, 370, 878

61, 822

19, 937
20, 215
56, 607
67, 025
928, 769 1, 085, 539

14,040
70,406
687, 168

-24.8
+5.3
+13.7

+4.8
-12.9

Fish

Dairy Products

Butter:
Receipts, 5 markets
thous. of Ibs.. 55, 064
Cold-storage holdings, creamery (end of month)
thous. of Ibs
128, 403
Wholesale price, 5 markets.. .dolls, per lb._
.448
Cheese:
Receipts, 5 markets
thous. of Ibs . 22, 472
Cold-storage and holdings,
American (end of month).. thous. of Ibs.. 76, 512
Wholesale price, 5 markets... dolls, per lb_.
.241
Eggs:
Receipts, 5 markets
thous. of Ibs
1,042
Cold-storage holdings (case) .thous. of cases..
9,873
Milk
Condensed milk:
Manufacturer's total stocksCase goods
thous. of lbs__
Bulk goods.
thous. of lbs_.
Manufacturer's unsold stockCase goods
thous. of Ibs _
Bulk goods
thous. of Ibs
Exports
thous. of Ibs
Evaporated milk:
Manufacturer's total stocks,
case goods
thous. of Ibs
Manufacturer's unsold stocks,
case goods _
_
thous. of lbs_.
Exports
thous. of Ibs
Powdered milk:
Sales less re-sales '
thous. of Ibs
Manufacturer's total stocks *—
Case goods
thous. of Ibs
Bulk goods
thous. of lbs__
Manufacturer's unsold stocks k—
Case goods
thous. of Ibs..
Bulk goods
thous. of Ibs
Exports
thous. of Ibs
Fluid milk:
Receipts-^
Boston (includ. cream).. thous. of qts__
Greater New York
thous. of cans..
Production, Minneapolis
thous. of lbs_.
Cream:
Production, Minneapolis
thous. of Ibs. _

45,005

43, 468

75,455

47,467

41, 949

30, 161

-3.4

+3.6

114, 172
.488

« 94, 916
.514

74, 813
.511

153,494
.342

135, 018
.385

100, 832
.418

-16.9
+5.3

-29.7

+33.5

20,520

21, 029

17, 059

18, 854

17, 479

14, 883

+2.5

+20.3

78, 582
.241

4 71, 913
.252

66, 507
.254

73, 153
.203

67, 905
.197

58, 705
.202

-8.5
+4.6

+5.9

+27.9

930
8,612

< 709
4 6, 322

433

876

7,409

747

5,267

456
3,102

-23.8
-26.6

+20.0

46, 757

42, 209

34, 792

22, 616

15,476

18, 070
13, 974

14,604

-17.6
—13. 8

+92.5

39, 425

33, 888

16, 766

13, 282

10, 650
6,212

9,437

7,340

3,780

6,327

28, 487
3,210

4,552

4)192

6,330
6,265

157, 381

144, 324

164,538

119, 858

121, 745

13,339

108, 185
5,771

3,948

3,636

549

527

3,153

3,346
2,348

155, 654

3,074

9,967

9,228

7.744

-15.9 +114. 5
6.1 -49.3
-27.5

4,306

+93.9

147, 596

133, 093

8.3

-2.2

116, 808

112, 553

16,335

100, 639
10, 818

-11.1
-56.8

-3.9
-64.7

123, 458

94, 830

-23.2

4,416

3,800

3,496

2,969

+21.5

+26.3

40, 818

41, 699

+2.2

8,289

465

6,729

162
14, 156

319

11,827

180

8,805

-11.8
-18.8

+45.8

527

162
11, 091
290

319

9,367

180

6,029

1,262

1,260

-11.8
-26.2
-48.7

+45.8
+55.8

-84.1

3,782

3,029

-19.9-

166, 585

+3.2
+7.9
+9.3

6,496

5,607

291

392

15,892

465
4,136
201

549

11, 802

-5.3

-43.1

17, 227

16, 305

16, 277

15, 861
2,501

15, 506

14, 926

18, 322

19, 417

17,804

18, 038

17, 303

-0.2
-2.3
+6.0

+5.0
+1.5
+7.6

25,060

21, 730

214, 994

27,043
235,065

390

290

290

327

305

274

0.0

-4.9

4,847

4,384

287, 057
438, 767

321, 620
459, 875

240, 100
385, 647

307,838

419, 818

242, 353
344, 404

155, 161
221, 836

-25.3
-16.1

-0.3
+12.0

3, 385, 955
4, 173, 872

3, 548, 501
4, 500, 872

+4.S
+7.&

235, 725
67, 327
124

187, 739

95, 511
21, 614
835

154, 835

66, 522
163

32, 772
1,843
14, 057

193, 868
27, 337

308, 882

457

6,590

+59. a
-75.9

.044
.054
.062
.127

.043
.054
.062
.127

.039
.050
.059
.124

.060
.071
.078
.156

.060
.073
.081
.160

.058
.073
.082
.147

179, 225
333, 938
822, 799

158, 009
371, 200
594, 378

125, Oil
281, 210
460, 709

159, 772
333, 991

273,426

85, 762
194, 683
145, 422

43, 574
148, 987
41, 460

-20.9 +45.8
-24.2 +44.4
-22.5 +216. 8

3, 845, 944
3, 726, 417

4, 773, 284
4, 351, 364

+16. a

83,637

133, 497

116, 349

-16.1

-16.3

1, 186, 107

1, 03,9, 391

-12.4

5,653

5,734

-0.1
-18.6
-15.5

-11.4
-24.5
-17.8

2,673

2,647

2,587

2,550

2,403

161, 486

-9.5

Sugar

Raw:
Imports
long tons..
Meltings, 8 ports. . . . ... long tons .
Stocks at refineries
(end of month)
long tons
Refined, exports
long tons
Receipts, domestic, at New Orleans. Jong tons..
Prices:
Wholesale, 96° centrifugal,
N Y
dolls, per Ib
Wholesale, granulated, N. Y. .dolls, per lb__
Retail, granulated, N. Y
dolls, per lb__
Retail, average 51 cities
index number..
Cuban movement:
Receipts at Cuban ports
long tons..
Exports. ...
long tons..
Stocks end of month
long tons

40,624
0)

24,510

.040
.051

5,388

-49.1 +43.6
-46.8 +301. 2

-9.3
-7.4
-4.8
-2.3

-35.0
-31.5
-27.2
-22.5

+24.1

Coffee
Imports
Visible supply:
World.
United States
Receipt", total, Brazil
.
Clearances:
Total, Brazil for world
Total, Brazil for U. S

thous. of Ibs

97, 696

133,463

111,920

thous. of bags..
thous of bags
thous. of bags .

5,118
859
1,173

5,087

5,082

716
1,494

583
1,262

thous. of bags..
thous. of bags .

1,487
794

1,434
705

1,536
680

5,035
789
1,144

738
1,672

772
1, 536

5,661
803
1,249

11,999

9,480

-21. 0

1,269
758

1,419
713

1,730
827

1,210
668

+7.1
-3.5

-11.2
-17.8

11, 754
5,791

10, 799

5,588

-8.1
-2.5

13, 088
11, 993
thous. of Ibs.. 10, 144
./ See p. 26 ()f the October, 1925, issue for ea rlier data.

9,079

11,794

10,751

+9.1

+11.0

72, 967

79, 711

+9.2

Tea

Imports
4 Revised.



* See p. 23 of the N ovember 1925, issue for earlie r data.
!

40

TREND OF BUSINESS MOVEMENTS—Continued
1925
Where available November data have been
included in this table. The cumulatives shown are in most instances,
however, only through October and,
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29
to 151 of the August, 1925, "Survey"

PER CENT INCREASE (+) OR
DECREASE (— )

1924

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
OCTOBER 31

Per
in-

cent
crease

(+)
or de-

OctoAugust

September

October

Novem-

ber

September

October

Novem-

ber

ber,
1925,

Octo-

from

September,
1925

from
Octo-

1924

1925

+23.4

+12.0
+6.7

5,546
60, 210

5,429
67, 191

+5.3

0.0

353, 894

351,328

+4.1

+45.2

-1.4
+7.6

-7.1
30 0
+4.0
+18.7

485, 798
8,915

350, 882
6,703

345, 596

395, 189

0.0

+2.0

« 19, 646
8 11, 371
«4,798

16,310
9,390
4,286

ber,
1925,

crease

(-)
1926
1924

from

ber,
1924

TOBACCO
Consumption (tax-paid withdrawals) :
576
711
606
557
Large cigars. _ _ .
millions
635
601
Small fii gflrfittfis
millions
6,925
6,273
7,119
6,983
6,488
5,356
Manufactured tobacco 'and
36,154
38,061
36, 715
35, 358
38,043
snuff
thous. of Ibs
30, 210
Exports:
52, 784
37, 907
50, 694
45, 722
34, 890
56, 821
Unmanufactured leaf
thous. of Ibs
868
488
715
336
839
697
Cigarettes
millions
Production (crop estimate)
thous. of Ibs.. 1, 234, 096 1, 247, Oil 1, 228, 972 1, 264, 226 1, 195, 099 1, 181, 620 1, 360, 661
68,075
91,682
98, 652
39, 144
66, 854
Sales of loose-leaf warehouses
thous. of Ibs. _
83, 090
Price, wholesale, Burley good leaf,
24.50
25.00
25.00
25.00
24.50
24.50
dark red, Louisville
dolls, per 100 Ibs. _

-2.7

-2.1
+8.0
-0.7
-27.8
-24.8
+14.3

TRANSPORTATION
River and Canal Cargo Traffic
Panama Canal:
Total cargo traffic
thous. of long tons
In American vessels.. .thous. of long tons. _
In British vessels
thous of long tons
Canals:
Sault Ste. Marie
thous. of short tons
New York State
thous of short tons
Cape Cod
gross tons
Snp,7
thons metrifi tons
Mississippi River:
Government-owned barges.
short tons..
Ohio River, Pittsburgh, Pa., to
Wheeling, W. Va_ _
.
.short tons..

1,912
1,013
482
11, 663
280
421, 193
2,030

2,112
1,188
527

10,904
391
386,472
2,087

3 1, 637

2,018
1, 057
515

1,962
972
515

-1.0
-2.0
-1.2

-10.4
-17.3
-9.7

9,661
275
403, 323
1,965

1,892
983
476

10, 328
344
307, 473
2,206

6,619
249
138, 960
2,407

+39.6

+6.7

+12.7
71,628
63, 130
+42.1
« 1, 392
1,738
-4.2 52, 629, 857 2, 374, 661
+6.3
818,618
18, 193
+17.4

-8.2
+2.8

-17.0
-17.4
-10.7
+13.5
+24.9
-9.3
-2.7

64,913

46, 070

67, 627

80,537

57,604

39, 603

+46.8

755, 671

797, 801

716, 142

668, 392

739, 635

573, 668

714, 421

795, 527

+10.7

+3.5

4, 921, 865

5, 617, 781

+5.6
+14.1

6,917
2,586
4,331

6,239
2,450
3,789

6,572
2,991
3,581

6,479
2,872
3,607

6,803
2, 922
3,881

5,699
2,633
3,066

+5.1
+22.1
55

-3.4
+2.4
78

58, 239
25, 332
32, 909

59,245
23,493
35, 753

+1.7
-7.3
+8.6

8,415
1,631

21, 758
17, 191

17, 516
12, 210

25,875
12,346

11,414
6,665

12,650
8,651

-19.5 +53.5
-29.0 +83.2

182, 269
110, 508

188, 197
120, 197

+3.3
+8.8

155

162

170

168

177

184

85, 732
40,427
162, 397

58,203
61, 370
140, 842

49, 502
42,949
111,619

36, 768
58, 375
116, 689

30,486
49, 058
99, 190

73,547
82,819
183, 914

272
354
636

364
153
558

153
495
2,957

270
274
670

784
785
1,656

5,364
271
149
1,023
358
315
1,297
1,951

4,297
210
131
731
279
230
1,046
1,670

5,537
232
212
996
352
248
1,353
2,144

4,148
269
147
750
269
188
987
1,537

5,455
339
206
1,001
353
213
1,290
2,051

43,902
*219
4 159
4772
4 276
472
4981
4 1,423

+28.9

41, 157
2,164
1,446
7,529
3,13*8
1,568
10, 611
14, 699

43,384
1,900
1,364
7,933
3,218
1,838
11, 160
15, 969

+5.4
-12.2
-5.7
+5.4
+2.5
+17.2
+5.2
+8.6

197, 178
8.4

179, 571
7.7

165,481
7.1

206,044
8.9

190, 543
8.2

189, 140
8.2

-7.8
-7.8

403, 311
103, 961
555, 367
388, 970
124, 805
41, 723

419, 643
95, 705
565, 452
388, 096
134, 585
41, 322

450,493
86,464
591, 313
410, 352
137, 700

399,214
93, 201
541,047
381, 792
117, 018
39, 064

439,042
82, 886
572, 872
404, 038
127, 223
43, 110

380, 875
78, 812
505, 796
374, 268
93, 180
38,049

+7.4 +2.6
9 7 +4.3
+4.6 +3.2
+5.7 +12.7
+2.3 +2.3

3, 605, 760
907, 042
4, 976, 493
3, 803, 752
1 806, 660
313,417

3, 771, 178
882, 831
5, 129, 799
3, 809, 192
938, 239
333, 545

+4.6
-2.7
+3.1
+0.1
+16.3
+6.4

7,768
5,020
3,633

7,409
5,190
3,385

6,818
5,841
3,039

6,512
5,072
3,167

6,005
5,076
2,773

5,242
5,244
2,500

-8.0 +13.5
+12.5 +15.1
-10.2 +9.6

61, 629
50,896
28, 860

67, 465
52, 236
29, 915

+9.5
+2.6
+3.7

10, 551
16.5

10, 643
16.5

10, 233
16.1

11, 329
17.6

11,095
17.2

11, 574
18.0

47,000

Ocean Traffic
Clearances, vessels in foreign trade:
Total
thous. of net tons
American.. .
thous. of net tons..
Foreign
thouo of net tons
Vessel construction:
Completed during month—
Total
gross tons..
Steel seagoing
gross tons
Building or under contract, end of mo. —
Merchant vessels ..thous. of gross tons..

9,844
3,283

+4.8

-4.0

Freight Cars
Surplus (daily av. last week of month) :
Box. . .
..number..
Coal
number..
Total
.
. .number..
Shortage (daily av. last week of month) :
Box
number
Coal
__
number..
Total
number
Car loadings (monthly totals) :
Total
_
thous. of cars..
Grain and grain products ...thous. of cars..
Livestock
. thous. of cars__
Coal and coke
thous. of cars
Forest products
thous. of cars
Ore ...
.
thous. of cars .
Merchandise, 1. c. 1
thous. of cars
Miscellaneous. _.
thous. of cars
Cars in bad order
Total, end of month.
cars..
Ratio to total on line
per cent..

4,095
195
140
799
265
132
1,035
1,528

-14.9 +62.4
-30.0 -12.5
-20.7 +12.5

166 -58.0
133 -223.5
354 +429. 9

-80.5
-36.9

!

+78.6

+1.5
+10.5 -31.6
+2.9
+61.8
-0.5
+36.3
+2.6 -0.3
+7.8 +16.4
+4.9
+29.3
+28.4
+4.5
-13.2
-13.4

Railroad Operations
Revenue:
Freight _ ...
thous. of dolls
Passenger
thous of dolls
Total operating
thous. of dolls
Operating expenses
thous. of dolls..
Net operating income
thous. of dolls..
Freight carried
mills, ton-miles
Pullman Company operations:
Revenue
thous of dolls
Expenses
thous. of dolls..
Passengers carried
thousands. .
Locomotives ia bad order:
Total, end of month
.number..
Per cent of total in use
per cent..




4 Revised.

-3.9
-2.4

-7.8
-6.4

8 Nine months* cumulative Jan. 1 to Sept. 30.

41

TREND OF BUSINESS MOVEMENTS—Continued
1925

Where available November data have been
included in this table. The cumulatives shown are in most instances,
however, only through October and,
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29 to
151 of the August fl925, "Survey'*

PER CENT INCREASE (+) OR
DECREASE (— )

1924

OctoAugust

September

October

November

September

Novem-

October

ber

Octo-

from

from
Octo-

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
OCTOBER 31

ber,
1925,

September,
1925

ber,
1925,

1925

1924

ber,
1924

Per
cent
increase
(
or-tf
decrease
(-)
1925
from
1924

TRANSPORTATION— Continued
Equipment Installations
Locomotives (Am. Ry. Assn.):
Owned, end of month
number
64,142
64, 357
64, 257
Tractive power
.mills, of Re2,596
2,595
2,596
installed during month
number147
129
150
210
Retired during month
number
229
266
Ordered from manufacturers
number
26
86
199
Shipments, by manufacturers104
94
Total
number
79
Domestic
number _.
91
50
54
Unfilled orders, by manufacturers309
363
Total
number
497
225
Domestic
number
296
397
Building in railroad shops
45
37
(end of month)
nnmhpr
33
11
22
Locomotive exports
number _ .
56
Freight cars (Am. Ry. Assn.):
Owned, end of month
number _. 2, 363, 849 2,363,637 2, 359, 124
flapam'ty
mills oflbs
211, 102
211, 201
210, 922
Installed during month
number _ _ 11, 554
8,161
5,097
9,259
9,196
Retired during month
number
9,616
2,816
6,113
Ordered from manufacturers
.number __
5,556
Shipments by manufacturers (I. C. C.):
3,617
5,405
Freight cars total
number. _
2,849
3,412
5,319
Domestic
- number. _
2,492
Unfilled orders by manufacturers (I. C. C.):
12, 148
Freight cars, total
number.. 10, 808
16, 354
9,986
11, 412
Domestic
number
15, 869
Building in railroad shops
6,246
(end of month)
number. . 6,440
7,189
Passenger cars:
9
37
134
Ordered from manufacturers
number..
Shipments by manufacturers (I. C. C.):
130
67
Total
number. .
66
110
58
Domestic
.number..
66
Unfilled orders (I. C. C.):
578
612
569
Total.
number..
550
593
550
Domestic
number. .
Passenger Travel
National parks:
Visitors
number _ _ 384, 501 184, 279
36, 524
56, 195
2,462
Automobiles entered
number
17, 361
Arrivals from abroad:
22,421
26, 721
28, 685
Aliens
number
76, 256
38, 313
United States citizens
.number.. 59, 663
Departures abroad:
7,539
7,200
7,674
Aliens
number..
24, 369
24, 227
United States citizens
.number.. 37, 185
9,370
8,795
8,012
Passports issued
_ .number..

65, 071

2,586

101

160
151
111

64,964
2,586

64, 882

2,587

-0.2
0.0

-1.3
+0.3

181 +16.3
263 +16.2
99 +123. 6

113
220
148

+32.7
+20.9
+34.5

1,770
1,581
1,129

2,232
708

-15.7
+41.2
-36.7

1,190
1,065

925
575

-22.3
-46.0

1,492

104
79

96
78

133
123

-16.0
+8.0

-17.7
-30.8

386
333

462
398

397
331

+36.9

+34.1

+7.6
-0.3

37
51

76
37

70 -10.8
29 +154. 5

-56.6
+51.4

266

287

+7.&

-0.2 +0.7
-0.1 +1.7
-37.5 -69.3
+4.6
-8.5
-9.1 -55.9

129, 451

118, 681

117, 075
96, 461
50, 953

-9.&
+2.6
-57.1

70, 162
69, 318

70, 377
66, 783

-0.3
-3.7

-45.1

2,044

981

-52.0

935
882

734
692

-#*
-21.5

1, 529, 285
189, 150

1, 602, 024
193, 092

+4. a

297, 327
282, 549

242, 994
351, 611

-18.3

+24.4

67,228

66, 294
305, 521
156, 151

-1.4
+13.4
+19. a

2, 336, 147 2, 342, 149
206, 540
207, 366
15, 455
16, 598
9,337
10, 504
13, 598
12, 610
23, 597

2, 342, 479
207, 535
11, 705
10, 678
13, 870

9,467
9,440

8,839
8,449

6,382

40, 954
38, 803

38,391
36, 560

45, 369
43, 937

3,045

3,574

5,159

325

244

279 +262. 2

88
87

96
90

99
98

-1.5
+13.8

-31.3
-26.7

544
531

486
479

502
496

-7.0
-7.3

+17.1
+14.8

197, 655
18, 294

47, 571

2,585

37, 142
1,953

-80.2
-85,8

27, 941
57, 232

27, 402
31, 474

29, 345
22, 297

+7.4
-49.8

8,941
19, 951

8,605
14, 741

+6.6
-0.1 -14.2
-8.9 +21.4
+1.3

269, 519
130, 909

50, 931
12, 748

50, 061
12, 099

+5.4
+12.4

+13.8
+17.9

478, 743
102, 427

536, 003

+12.0

9,940

8,776

+3.3
+4.5
+5.9
+5.1

102,033
+17.5
90, 243
125,414
112, 177
+16.3
18, 237
15, 292
+12.5
+13.6 81,092,530 »1,054,976

+13.1
+11. S
+19.3
-3.4

+8.2

+14.2
+10.0
+16.2

53, 686
18, 409
35, 277

+10.8
+10.1
+11.2

87

8,671

7,776

23,849
7,659

7,906

5, 938

7,894

-55.5
-54.5

-67.8
-70.5

+34.6

94,041

-57.4
-56.6

+39.1

+15.1 +101. 1

-23.2
-4.8

+4.7
+21.7

+2.1

PUBLIC UTILITIES
Telephone companies:
Operating revenues
_._thous. of dolls.. 54, 623
12, 461
Operating income
thous. of dolls
Telegraph companies:
Commercial telegraph tolls -thous. of dolls. _ 10, 780
Operating revenues
thous. of dolls.. 13, 186
1,907
Operating income
thous. of dolls. _
111, 500
Gross revenue sales
thous. of dolls
Electric Railways (213 companies) :

54, 955
13, 373

11,306

13, 784
2,211
117, 200

752, 650

5,483

9,542
11,861

11,678

14, 408

2,342

1,879
103, 200

Electric power:
ProductionTotal
mills, of kw. hours
By water power mills, of kw. hours..
By fuels
mills, of kw. hours
In street railways' manufacturing
plants, etc
mills, of kw. hoursCentral stations ...mills, of kw. hours..

12, 389
1,993
111, 200

10, 053
1,478
120, 200

4,803

5,932

1,493
3,311

5,193
1,632

5,065

1,559

1,607

3,876

1,796
4,136

5,086

365 |
5,118

5,534

Detroit .thousands..
New Jersev (rel to 1923)
index
Pennsylvania (rel. to 1923)
index..
Delaware (rel. to 1923)
index..
Wisconsin (relative to 1915) .index number..

487
244
86
89
76
124.1
95.5

500
258
91
90
79
123.9
97.8

510
267
92
92
78
123.3
98.6

Massachusettes (relative to
1914)
index number
Total pay roll:
Wisconsin (relative to 1915) .index number..
New Jersey (rel. to 1923).. .index number..

88.3

89.9

92.2

87.2

90.4

90.8

13, 722

14, 150

14, 559

13, 715

13, 632

13,700
263.2

95
90
82

86
79
77

1,768

3,695
377

3,560

3,492

+11. a
+6.7

4,454

4,823

4,692

373

+9.0 +7.6
+8.1 +14.7

489
197
87
85
75
113.6
97.1

495
195
88
87
76
114.8
96.1

495
197
88
87
78
116.2
95.7

+2.0 +3.0
+3.5 +36.9
+1.1 +4.5
+2.2 +5.7
-1.3
+2.6
-0.5 +7.4
+0.8 +2.6

349

398

370

EMPLOYMENT AND WAGES
Employment in factories:

"Dp.lftwnrfi CrpL to 1923") _ index number..
Digitized for Nine months' cumulatives, Jan. 1 to Sept. 30.
8 FRASER


295.3
88
84
77

286.7

v

89
83
78

127,839

+24.8

746 386

750, 236

5,463

49, 105
11, 443

57, 925
15, 034

297.6

264

248.3

262.2
86
83 !
80 !

88
83
78

+2.6

+2.0

+2.9
+6.8
+3.8 +13. 5
+6.7 +10.5
+8.4
+8.4
+51 +2.5

48, 439
16, 713
31, 727

42

TREND OF BUSINESS MOVEMENTS—Continued
1925

PER CENT INCEEASE (+) OB
DECEEASE (-)

1994

Where available November data have been
included in this table. The cumulatives shown are in most instances,
however, only through October andf
where designated by a footnote, through
September.
Detailed data for items
shown here may be found on pages 29
to 151 of the August, 1925, "Survey"

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
OCTOBER 81

Per

cent

in-

crease

August

September

October

Novem-

ber

September

October

November

October,
1925,
from
September,
1925

October,
1925,
from
October,
1924

-0.8
+0.9
+7.2
+4.3
+1.8
+5.1
+6.3
+6.3

-4.3
+3.8
+2.9
+5.8
-9.1
+4.0
+4.1
-1.0

+2.2
+1.9
+1.9
+1.1
+0.8
-0.2
+1.7

+3.7
+4.1
+3.8
+4.1
-0.6
+0.8
+4.1

0.0
+4.5
16 7
0.0
+7.7
-5.3
-2.6
+2.2
0.0
0.0
0.0
+37.0
+29.9
+5.1
+4.5
0.0

( }

-2.1
+12.2
-16.7
+4.2
+3.7
-10.0
-2.6
+9.5
0.0
0.0
0.0

or t
de-

crease

n

1925

+27.5
+27.6
+27.2
+16.7
+6.6
+12.7
+5.1
+26.9
+18.6
+29.9
+4.1
+10.0
+3.8
+7.1
+1.8
+7.9
+5.7

299, 033
173, 516
125, 517

344, 510
201, 997
142, 513

+15.2
+16.4
+13.5

276, 569

312, 350

+12,9

161, 095

179, 010

+11.1

67, 253

78, 557

+16.8

18, 692

21, 539

+15.2

29,529

33, 244

+12.6

30,209

30, 543.

+1.1

19, 374
10, 835

19, 957
10, 586

+3.0
-2.3

+44.0
+13.6
+2.4
+13.3
+15.8
+5.1
-8.6
+3.6
+9.4
+10.0

55,003

68, 414

+24.4

60, 093

60, 016

-0.1

18, 066

19, 674

+8.9

1925

from

1924

EMPLOYMENT^AND WAGES-Contd.
Other employment:
Federal civilian employees,
Washington, D. O
number
Average weekly earnings:
New York State
dollars
Illinois (relative to 1922) index number..
Wisconsin (relative to 1922). index number..
Massachusetts (relative to
1914)
index number. .
New Jersey (rel. to 1923). .index number..
Pennsylvania (rel. to 1923) .index number..
Delaware (rel. to 1923)
index number..
Average weekly earnings (National Industrial
Conference Board):
Grand total (both sexes)
dollars..
Total male...
_
dollars..
Skilled male
. . dollars. _
Unskilled male.'..
dollars..
Total women
dollars .
Average weekly hours:
Nominal (both sexes) _
hours. .
Actual (both sexes)
hours
Wages of common labor by geographic divisions:
New England
.
cents per hour..
Middle Atlantic
cents per hour..
South Atlantic
_
cents per hour..
East South Central
cents per hour..
West South Central
cents per hour..
East North Central
cents per hour..
West North Central
.cents per hour..
Mountain
cents per hour-Pacific
-...._
.cents per hour. _
United States aveage
cents per hour..
Wage rates, U. S. Steel Corp__.cents per hour..
Applicants per job, employment agencies:
U. S. average.
_
number-Eastern States average
number _
Central States average. _
number..
Southern States average
number..
Western States average _ _
number. .

63,054

62, 519

62,039

64, 638

64, 794

64,740

28.46
112.9
237.3

28.32
107.6
231.1

28.57
115.3
241.0

28.03
110.1
218.2

27.53
112.0
227.8

27.66
111.8
226.2

187.9
102
97
99

186.5
98
95
96

189.9
103
101
102

192.4
100
94
100

208.9
99
97
103

188.0
101
97
97

26.37
28.73
30.30
23.23
16.87

26.94
29.27
30.89
23.48
17.00

25.98
28.11
29.76
22.56
17.11

26.45
28.44
30.21
22.60
17.36

26.41
28.37
30.84
22.84
17.21

50.1
47.5

50.0
48.3

49.6
46.4

49.6
47.1

49.7
47.1

47
42
28
25
25
38
38
44
52
38
40

46
44
30
25
26
38
38
45
53
38
40

46
46
25
25
28
36
37
46
53
38
40

48
41
29
24
28
43
39
43
52
39
40

47
41
30
24
27
40
38
42
53
38
40

46
41
28
25
28
41
37
41
52
38
40

1.31
1.23
1.67
1.27
.65

1.05
.87
1.37
.89
.59

1.44
1.13
1.44
.93
.59

1.26
1.16
1.64
1.11
.57

1.29
1.12
1.65
1.22
.59

1.41
1.22
1.74
1.27
.71

+11.6
+ .9
-12.1
-23.8
0.0

DISTRIBUTION MOVEMENT
Mail-order houses:
28,749
Total sales
thous. of dolls. 34, 836
19,359
Sears, Roebuck & Co
..thous. of dolls..
16, 947
Montgomery Ward & Co.. thous. of dolls..
11, 802
15, 477
Ten-cent stores:
32,668
Total sales
thous. of dolls32, 075
2,034
2,041
Total stores
..number..
F. W. Woolworth & Co
thous. of dolls18, 780
18, 129
1,411
Number of stores operated
1,415
S. S. Kresge Co
thous. of dolls—
8,178
8,222
Number of stores operated
287
285
2,329
2,284
McCrory Stores Corp
thous. of dolls. .
Number of stores operated
175
175
S. H. Kress & Co..
thous. of dolls..
3,381 • 3, 440
Number of stores operated
164
163
Restaurant chains:
Total sales
thous. of dolls _
3,151
3,227
220
222
Total stores
number-Child's Co
thous. of dolls-2,109
2,151
Waldorf System (Inc.)
thous. of dolls. 1,042
1,076
•Chain stores:
6,481
J. C. Penney Co
thous. of dolls. .
8,298
618
645
Number of stores
United Cigar Stores Co
thous. of dolls—
6,303
6,326
2,840
2,810
Number of stores
•
2,050
A*. Schulte (Inc.)
thous. of dolls2,057
267
267
Number of stores
Owl Drug Co
._
thous. of dolls —
1,330
1,453
87
85
Number of stores
—
Magazine advertising
thous. of lines—
1,489
1,979
Newspaper advertising
thous. of lines—
85, 660
99, 427
Postal receipts, 50 selected
cities
thous. of dolls—
25, 085
28, 551
Postal receipts, 50 industrial
cities -_
.
.thous. of dolls. .
2,794
3,002
Money orders:
Domestic paid (50 cities) —
4
9,233
9, 716
Quantity
number..
Value
thous. of dolls
58, 250 4 79, 336
Domestic issued (50 cities)—
4
2,771
2, 801
Quantity
number..
29, 075 4 29, 456
Value
. thous. of dolls —
4
Foreign issued
__ .thous. of dolls4,431
4, 036
Delinquent accounts, electrical trade:
167, 076
Amount
dollars-- 153, 426
1,425
1,400
Number of
firms
number—
4
Revised.




52, 340
30, 375
21, 965

44,618
25,824
18, 794

31, 448
17, 905
13, 543

41,063
23, 801
17,262

39, 541
22, 488
17, 053

39, 759
2,057
22,989
1,420
9,992
293
2,732
-179
4,066
165

36,882

28,396
1,919
16,528
1,345
6,851
245
1,894
171
3,123
158

34055
1,929
20,400
1,351
7,873
247
2,103
172
3,679
159

33,292
1,943
19, 369
1,364
8,252
247
2,244
174
3,427
158

3,114
222
2,034
1,080

3,176
219
2,081
1,095

2,981
219
1,907
1,074

+50.2
+56.9
+41.9
+24.0
+0.8
+26.9
+0.4
+21.5
+2.1
+19.6
+2.3
+17.6
+0.6
+5.5
+0.5
+4.4
+7.5

6,855
560
6,151
2,546
1,908
254
1,468
86
1,795
94, 696

8,431
567
6,502
2,548
1,949
253
1,588
84
2,213
108, 840

9,286
569
6,205
2,563
1,901
252
1,289
84
2,201
102, 662

+46.3
-0.5
+5.3
+1.7
+10.1
-0.4
+8.9
0.0
+22.3
+20.4

3,403
223
2,246
1,157

20, 677

9,425
2,669
4,111

2,107

12, 142
644
6,661
2,888
2,257
266
1,451
87
2,421
119, 754

9,850
668

32, 489

29, 962

25, 898

29, 119

26, 471

3,352

2,970

2,718

3,145

2,627

12, 008
99, 240

9,880
77, 980

12, 000
95, 784

11, 294
88, 962

+23.6
+25.1

3,154
33, 041

2,795
28, 398
3,706

3,052
30, 763
3,861

2,941
29, 802
4,581

+12.6
+12.2

184, 056
1,597

200, 250
1,639

167, 286
1,509

139,715
1,157

2,506

8

14, 231

13, 713

-3.6

20, 089
951, 456

20, 365
985, 333

+1.4
+3.6

+13.8 +11.6
+11.7 +6.6

255, 405

277, 357

+8.6

27, 464

29, 720

+8.2

+0.1
+3.6
+3.3
+7.4

104, 709
825, 124

+10.2 +10.0
+14.1 +5.8

Nine months' cumulatives, Jan. 1 to Sept. 30.

29, 256
294, 163
35, 573

6

8

109. 800
• 785, 471

+4.9
-4.8

8
30, 654
305, 858
• 36, 890

+4.8
+4.0
+3.7

8

43

TREND OF BUSINESS MOVEMENTS—Continued
•

1925

Where available November data have been
included in this table. The cumulatives shown are in most instances,
however, only through October and,
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29
to!151 of the August, 1925, "Survey"

August

PEE CENT INCREASE (+) OR
DECREASE (— )

1924

Septem- October
ber

November

Septem- October
ber

November

October,
1925,
from
September,
1925

October,
1925,
from
October,
1924

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
OCTOBER 31

1924

1925

Per
cent
increase
(
ort>
decrease

&

from
1924

DISTRIBUTION MOVEMENT— Contd.
Hardware trade:
Sales index
Outstanding accounts (number of times
"""'
sales)
_
Internal -re venue taxes collected:
Firearms and shells
thous. of dolls
Jewelry, watches, and
clocks.. _
thous. of dolls..
Theater admissions
thous. of dolls
Bonds and stocks issued and
conveyances
thous of dolls
Capital stock transfers
thous. of dolls

144

145

160

137

150

134

+10.3

+6.7

2.0

2.0

1.8

2.1

1.9

2.1

-10.0

-5.3

376

358

329

425

434

425

524
1,407

550
1,812

556
2,148

459
1,577

593
2,021

484
2,076

+1.1
+18.5

2,459
1,219

2,394
1,278

2,928
1,318

1,833
788

2,098
685

1,976
660

-8.1 -24.2

2,563

2,809

+9.6

-6.2
+6.3

16, 915
54, 205

7,120
20,168

-57.9
-62.8

+22.3 +39.6
+3.1 +92.4

31, 291
7,400

25, 983
12, 729

-17.0
+72.0

BANKING AND FINANCE

Life Insurance
Association of Life Insurance Presidents')
Policies, new (45 companies) :
Ordinary
...
number of policies. .
Industrial
number of policies
Group _ ... .number of contracts _
Total
number of policies and contracts-Policies and certificates issued:
Total policies and certificates
number. .
Group insurance certificates certificates. .
Amount of new insurance (45 companies) :
Ordinary
thous. of dolls
Industrial
thous. of dolls
Group
thous. of dolls
Total insurance
thous. of dolls
Premium collections (45 companies) :
Ordinary
.
.
thous. of dolls
Industrial
thous. of dolls
Group
thous. of dolls
Total
thous. of dolls
Admitted life insurance assets (41 companies) :
Grand total
mills of dolls
Mortgage loansTotal
mills, of dolls
Farm
mills of dolls
All other
mills of dolls
Bonds and stocks (book values)—
Total
mills of dolls
Government
mills of dolls
Railroad
mills of dolls
Public utilities
mills of dolls
All others
mills of dolls
Policy loans and premium
notes
mills, of dolls
Other admitted assets
mills, of dolls..

210, 408
717, 402
118
927, 928

187, 944 224, 370 219,593
691, 227 1, 199, 183 851,209 I
172 I
107
114
879, 278 1, 423, 667 1,070,974

159, 318 181, 569
614, 848 830, 831
87
75
774, 241 1, 012, 487

216, 103
641, 128
132
857, 363

+19.4
+73.5
+6.5
+61.9

+23.6
+44.3
+31.0
+40.6

1, 937, 817 2, 097, 995
6, 901, 032 7, 976, 466
1,327
981
8, 839, 830 10, 075, 789

+8.3
+15.6
+35.3
+14.0

996, 704
68, 894

899, 216 1, 461, 675 1,097,292
26,490
20, 045
38, 122

788, 072 1, 083, 205
13, 906
70, 805

883, 002
25, 771

+62.5 +34.9
+90.2 -46.2

9, 061, 801 10, 422, 285
344, 824
222, 952

+15.0
+54.7

623, 404
181, 048
126, 892
931, 344

538, 166
175, 114
37, 800
751, 080

630, 262
256, 704
54, 446
941, 412

596,833
207,980
111,087
915,900

436, 618
145, 052
19, 369
601, 038

501, 459
198, 461
131, 134
831, 054

524, 384
150, 718
38, 624
713, 726

+17.1 +25.7
+46.6 +29.3
+44.0 -58.5
+25.3 +13.3

5, 347, 025
1, 586, 944
375, 173
7, 309, 138

6, 236, 181
1, 927, 311
573, 770
8, 737, 264

+16.6
+21.4
+52.9
+19.5

109, 737
37, 808
3,682
151, 227

107, 367
37, 057
3,124
147, 548

130, 045
38, 951
4,841
173, 837

130,920
39,074
4,940
174,934

95,049
33,811
2,148
131, 008

109, 188
33, 405
3,025
145, 617

103, 731
32, 190
2,593
138, 515

+21.1
+5.1
+55.0
+17.8

1, 078, 081
309, 327
24,640
1, 421, 047

1, 212, 653
365, 333
43, 464
1, 621, 448

+12.5
+18.1
+76.4
+14.1

9, 039

9,121

9,209

8,231

8,297

8,359

+1.0 +11.0

3,671
1,510
2,161

3,707
1,513
2,195

3,750
1,515
2,235

3,227
1,433
1,794

3,263
1,439
1,824

3,298
1,444
1,853

+1.2 +14.9
+0.1 +5.3
+1.8 +22.5

3,680
1,040
1,989
545
106

3,694
1,041
2,001
547
106

3,713
1,035
2,005
567
106

3,453
1,092
1,883
381
97

3,469
1,085
1,899
388
98

3,496
1,085
1,909
405
98

+0.5 +7.0
-0.6 -4.6
+0.2 +5.6
+3.7 +46.1
0.0 +8.2

1,083
604

1,092
628

1,099
647

1,012
539

1,017
548

1,018
547

+0.6
+3.0

+8.1
+18.1

646,493
250, 608
138,995
103, 737
81,944
71, 209

601, 772
230,427
127, 582
98,954
80,030
64, 779

487, 944
180, 485
106, 181
84, 217
62, 616
54,445

572, 184
224, 325
124, 841
93,489
69,226
60,303

545, 152
218, 834
115, 577
88, 871
65, 490
56,380

+11.1
+12.2
+16.3
+8.5
+8.1
+4.8

+16.9
+15.3
+18.9
+14.9
+25.0
+12.5

5, 729, 192
2,303,036
1,246,806
882,443
711, 028
585, 879

6, 613, 130
2, 670, 564
1, 412, 794
1, 046, 657
817, 846
665, 270

+15.4
+16.0
+13.3
+18.6
+15.0
+13.6

23, 265
19, 847

24, 369
20, 872

28, 916
24,008

27, 009
21, 334

20, 734
18, 238

22,506
20, 912

23,047
18, 846

+18.7 +28.5
+15.0 +14.8

213, 157
187, 275

256, 050
211, 023

+20.1
+12.7

20, 219
16, 860

21, 774
18, 021

25,952
20,299

23,477
18, 355

19, 291
15, 986

21, 585
18, 122

22,433
16, 743

+19.2
+12.6

+20.2
+12.0

201, 811
160, 978

233, 183
178, 766

+15.5
+11.0

580
1,616
547
2,888
2,237
75.0

633
1,685
624
2,866
2,268
72.5

590
1,695
660
2,893
2,297
72.5

625
1,732
701
2,861
2,291
71.1

260
1,730
668
3,156
2,196
80.4

223
1,767
802
3,132
2,218
78.6

222
1,845
866
3,134
2,203
77.4

13, 375
5,471
12, 755

13, 832
5,440
13,046

13, 901
5,442
13, 082

13, 959
5,405
13, 025

12, 677
5,331
12, 630

12, 764
5,551
12, 922

12, 870
5,617
13,065

4.31
4.00

4.56
4.19

4.90
4.40

5.25
4.38

2.13
3.13

2.45
3.13

2.60
3.25

+19.1
+16.6
+60.0
+19.4

(Life Insurance Sales Research Bureau)
Sales of ordinary life insurance
United States total
Eastern manuf. district
Western manuf. district
Western agric. district
Southern district
Far western district

(81 companies) :
thous. of dolls
thous. of dolls..
thous. of dolls. _
thous. of dolls..
thous. of dolls
thous. of dolls..

668, 794
258, 615
148, 401
107, 380
86,527
67, 871 ._

Banking
Debts to individual accounts:
New York City
mils, of dolls..
Outside New York City
mills, of dolls..
Bank clearings:
New York City
mills, of dolls
Outside New York City
mills, of dolls..
Federal reserve banks:
Bills discounted
mills of dolls
Notes in circulation
mills of dolls
Total investments
mills of dolls
Total reserves
mills of dolls
Total deposits
mills of dolls
Reserve ratio
_
per cent..
Federal reserve member banks:
Total loans and discounts.. .mills, of dolls..
Total investments
mills, of dolls..
Net demand deposits
mills, of dolls..
Interest rates:
New York call loans
per cent
Cmnm p.r Rial nanp.r 4-fi mos
r>er cent




-6.8 +164.6
+0.6 -4.1
+5.8 -17.7
+0.9 -7.6
+1.3 +3.6
0.0 -7.8
+0.5
+0.1
+0.3

+8.9
-1.9
+1.2

+7.5 +100.0
+5.0 +40.6

44

TREND OF BUSINESS MOVEMENTS—Continued
[

•

1935

Where available November data have been
included in this table. The cumulatives shown are in most instances,
however, only through October and,
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29
to 151 of the August, 1925, "Survey"

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
OCTO-

PER CENT INCREASE (+) OR
DECREASE (— )

1924

BER 31

Per
cent

in-

crease

August

September

October

November

September

October

November

October,
1925,
from
September,
1925

(+)
or de-

October,
1925,
from
October,
1924

crease
1924

1925

1925

from

1924

BANKING AND FINANCE-Continued
Banking— Continued •
Savings deposits, by Federal reserve districts
(balance to credit of depositors) :
Total, 846 banks
__thous. of dolls... 7, 562, 671
Boston, 64 banks
thous. of dolls 1, 326, 980
New York, 30 banks ... thous. of dolls...2,095,847
520, 820
Philadlephia, 78 banks.thous. of dolls
Cleveland, 18 banks
thous. of dolls... 521,321
351, 147
Richmond, 91 banks.. thous. of dolls
244, 558
Atlanta, 96 banks.. .thous. of dolls
939, 038
Chicago, 209 banks
thous. of dolls
St. Louis, 32 banks
thous. of dolls.. 156, 271
Minneapolis, 15 banks -thous. of dolls
98, 453
Kansas City, 56 banks. .thous. of dolls... 114, 110
Dallas, 85 banks
thous. of dolls
74, 331
San Francisco,72 banks .thous. of dolls... 1, 119, 795
132, 100
U. S. Postal savings..
thous. of dolls
New York State savings
banks
thous. of dolls 3, 502, 526

7, 604, 962
1, 329, 853
2, 114, 729
522, 453
521, 120
348, 699
253, 104
940, 952
159, 071
99, 939
113, 957
75, 078
1, 126, 007
132, 159

7, 613, 545
1, 332, 605
2, IDS, 618
523, 094
521, 262
353, 016
258,465
947, 951
158, 315
99, 915
113, 151
75, 531
1, 121, 622
132, 398

7, 132, 377
1, 263, 800
2, 002, 659
491, 805
483, 342
323, 350
228, 710
902, 737
138, 247
92, 078
108, 065
67, 805
1, 029, 779
133, 965

3, 487, 629 3, 529, 169

7, 151, 529
1, 268, 465
2, 001, 536
492, 285
489, 511
325, 899
228, 510
910, 932
141, 026
92, 444
106, 979
67, 849
1, 026, 093
134, 405

7, 197, 214
1,271,490
2, 006, 184
497, 277
499, 463
324, 495
230, 308
917, 748
157, 231
92, 787
105, 620
67, 523
1, 027, 088
134, 235

3, 302, 442 3, 308, 534 3, 318, 009

+0.1 +6.5
+0.2 +5.1
-0.3 +5.3
+0.1 +6.3
0.0 +6.5
+1.2 +8.3
+2.1 +13.1
+0.7 +4.1
-0.5 +12.3
0.0 +8.1
-0.7 +5.8
+0.6 +11.3
-0.4 +9.3
+0.2 -1.5
+1.2
+6.7

Public Finance
Government debt:
Interest-bearing
Total gross debt..
Short-term debt
Customs receipts
Total ordinary receipts
Expenditures chargeable to
ordinary receipts
Money in circulation:
Total
Per capita

mills . of dolls
mills, of dolls _
mills, of dolls
thous. of dolls..
thous. of dolls

20, 166
20,447
6,208
49, 114
219, 915

20, 143
20,418
6,186
51, 017
512, 072

20, 141
20,406
6,184
52, 835
202, 245

thous. of dolls..

214, 208

330, 851

mills, of dolls..
..dollars..

4,784
41.84

4,827
42.17

37, 159
22, 339
13, 460
1,360

1,513
365
1,069
79

Business Failures
Liabilities:
Total commercial
...thous. of dolls..
Manufacturing
establishments
thous. of dolls. _
Trade establishments
thous. of dolls..
Agents and brokers
thous. of dolls
Firms:
Total commercial
number
Manufacturing establishments. . .number _ _
Trade establishments
number
Agents and brokers
number..

48, 276
184, 931

20,983
21, 254
8,073
49, 759
487, 390

20, 978
21, 242
8,069
49,890
255, 323

20,951
21, 213
8,041
40, Oil
174, 738

323,432

236, 034

408,797

320, 307

233> 758

4,901
42.77

4,972
43.35

4,806
42.52

4,880
43.12

4,994
44.08

30, 687

29, 544

35, 922

34, 296

36, 099

31, 124

8,167
14, 990
7,530

11, 264
13, 530
4,750

13,994
18, 907
3,022

19, 468
10, 126
4,702

15, 619
16, 122
4,357

10, 252
15, 782
5,090

1,465
388
1,015
62

1,581
408
1,111
62

1,672
442
1,146
84

1,306
360
883
63

1,696
411
1,186
99

1,653
361
1,193
99

20, 139
20,401

0.0 -4.0
-0.1 -3.9
0.0 -23.4
+3.6
+5.9
-60.5 -20.8
-2.2 +1.0
+1.5
+0.4
+1.4
-0.8

-3.7
+37.9
-9.7
-36.9
+7.9
+5.2
+9.5
0.0

465, 093
3, 166, 857

Dividend and Interest Payments

+2.4
-4.0

2,765,356

2, 930, 100

+6.0

466,822

371, 294

-20.5

260, 164
160, 268
45, 788

140, 760
175, 827
54,707

-45. 9
+9.7
+19.5

16, 922
4,372
11, 606
814

-18.2
-27.9
-16.1
+9.0
-6.8
-0.7
-6.3
-37.4

476, 328
3, 039, 614

17, 664
4,158
12, 708
798

+4.4
-4.9
+9.5
-2.0

3, 539, 440

3, 751, 455

+6.0

941, 539
513, 770
286, 845
78, 690

991, 535
538, 420
301, 935
88, 135

+5.3
+4.8
+5.3
+12.0

i

(For the following month)
Grand total
thous. of dolls...
Dividend payments:
Total
.thous. of dolls...
Indus, and misc. corp
.thous. of dolls...
Steam railroads.
thous. of dolls...
Street railways
thous of dolls
Av. payments on ind. stocks
(qtly.)
dolls, per share...

-27.6 +7.3
-28.5 +9.4
-51.3 +9.7
+31.1 +5.4
-31.5 +19.6
+6.1 +25.2

318, 775

427, 220

309, 395

322, 323

402, 250

288, 300

301, 150

67, 525
44, 900
17, 250
5,375

102, 920
66, 365
25, 905
10, 650

73, 595
32, 350
33, 950
7,295

74, 970
54, 575
15, 180
5,215

97, 350
63, 500
24, 450
9,400

67, 300
29, 500
32, 200
6,100

71, 150
52,400
14, 350
4,400

16.55

26.95

211, 750
29, 237

294, 309
16, 379

300,994
70, 310

273, 367
39, 059

361, 898
56,549

235,256
+2.3
8,112 +329. 3

2, 773, 047
448, 986

3, 285, 257
583, 252

+29.9

64,370
176, 617

74, 634
236, 053

120, 932
250, 373

50, 192
262, 234

78, 257
340, 190

56, 480
186, 888

-16.8
+24.3
+62.0 +54.5
+6.1 -26.4

720, 721
2, 501, 413

999, 115
2, 869, 396

+38.6

191, 121

234, 096

278, 096

251, 381

279, 627

384, 032

197, 464

2, 711, 668

3, 016, 653

+11.2

86, 471
46, 040
972, 735

121, 458
76, 118
572, 751

86, 124
65, 115
93, 465
11, 115
585, 422 1, 241, 594

92, 561
129, 037
478, 680

96, 076
126, 375
543, 490

73, 600
36, 983
574, 096

+18.8 -27.6
-29.1 -10.4
+22.8 -26.0
+2.2 +7.7

1, 252, 845
811, 127
5, 845, 770

1, 169, 042 i -6.7
684,503 i -15.6
7,719,061 1 +32.0

of dolls
of dolls...

985, 160
513, 994

989, 960
519, 237

995, 207
526, 042

905, 536
430, 066

912, 568
435, 829

919, 188
440, 046

of dolls...
of dolls...

57, 866
26, 741

64, 318
24, 688

52, 279
58, 069

60, 809
60, 672

64,300
45,648

35.55

New Security Issues
Total corporation (Commercial and Financial
Chronicle):
Purpose of issueNew capital
thous. of dolls
Refunding
thous. of dolls
Kind of issueStocks
_.
thous. of dolls
Bonds and notes
thous. of dolls
Total corporation (Journal of
Commerce)
thous. of dolls...
States and municipalities:
Permanent loans
thous. of dolls
Temporary loans
thous. of dolls...
New incorporations
thous of dolls
Agricultural Finance
Loans outstanding:
Federal farm loan banks
thous.
Joint stockland banks
thous.
Federal intermediate credit
banks.
_
..thous.
War finance corporation.. ...thous.




1

Quarter

g June 30, 1925.

73,097 1
22, 275
2

19, 843

Quarter ending Sept. 30,1925.

+0.5 +9.1
+1.3 +20.7
+13.6 +20.2
-9.8 -63.3

+18.5

+14.7

45
TREND OF BUSINESS MOVEMENTS—Continued

Where available November data have been
included in this table. The cumulatives shown are in most instances,
however, only through October and,
where designated by a footnote, through
•September. Detailed data for items
shown here may be found on pages
29 to 151 of the August, 1925, "Survey"

August

PER CI:NT INCREASE ( + ) O R
DECRE.^SE (-)

1934

1925

October,
1925,
from
September,
1925

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
OCTOBER 31

October,
1925,
from
October,
1924

November

September

October

November

174. 49
85.40
121. 39

174. 39
88.13

116. 73
70.28
89.90

117.29
69.63
90.25

124. 11
76.00
97.77

+7.2 +48.8
+0.8 +22.6
+4.9 +34.5

48, 981

+44.8 +194. 7

Per
cent
increase
(+)
or decrease
(-)
1925
from
1924

September

October

162. 83
84.73
115. 71

1924

1925

BANKING AND FINANCE-Continued
Stocks and Bonds
.Stock prices, closing:
25 industrials, average
dolls, per share. . 158. 16
83.63
25 railroads, average
dolls, per share.
112. 71
103 stocks, average. . _ dolls, per share
Stock sales:
N. Y. Stock Exchange thous. of shares.. 32, 865
Bond sales:
219, 278
Miscellaneous
thous of dolls
Liberty- Victory.
'..thous. of dolls.. 22, 143
241,421
Total
.
thous. of dolls

36, 886

53,423

18, 150

18, 126

41, 369

242, 657
21,066
263, 723

258, 979
21, 528
280, 507

212, 357
52, 665
265, 022

247, 972
45, 164
293, 136

336, 431
52, 987
389, 418

36,428

51, 808

90, 839

39, 818

30, 549

38, 257

21, 180
11, 515

16, 350
13, 330

39, 880
31, 753

30, 038
4,400

20, 614
4,200

650
3,083

13,068
9,060

11, 6\0
7, 566

2,300
3,080

4,590
1,145

10, 175
5,705
6,970
13, 578

11, 270
8,755
7,025
24, 758

37, 515
8,393
5, 130
39, 801

15, 880
2,795
8,358
12, 785

20, 570
3,215
3,124
3,640

86.00
75.99
70.66
74.27
76.34

86.54
76.91
70.95
74.92
76.92

86.06
76.78
70.52
75.17
76.73

86.22
77.73
70.65
75.46
77.12

86.47
73.69
69.94
73.42
75.40

86.67
74.36
70.10
73.75
75.74

197, 551

359, 142

+81.8

+4.4
-52.3
-4.3

2, 268, 266
733, 699
3,001,965

2, 629, 513
294, 117
2, 924, 630

+15.9
-59.9
-2.6

+75.3 +197. 4

234, 440

572, 101 +144. 0

24, 622 +143. 9 +93.5
10,735 +138. 2 +656. 0

175, 892
39, 895

320, 497 +82.2
133, 928 +235. 7

-10.9 +153. 6
-16. 5 +560. 8

9, 168
9,485

67, 018 +631. 0
50, 614 +433.6

17, 320 +232. 9 +82.4
11,115
-4.1 +161. 1
5,537 -27.0 +64.2
4,285 +60.8 +993. 4

109, 342
44, 158
51, 180
29, 760

216, 659 +98.1
93, 346 +111.4
74, 227 +45.0
187, 871 +531. 3

+6.7
+2.2
+6.4

Long-Term Real Estate Bonds *
Grand tot al . .
__ . .
thous. of dolls
Purpose of issue:
To finance construction
thous of dolls
Real estate mortgage
thous. of dolls..
Acquisition and improvementsthous. of dolls..
All other
thous. of dolls
Kind of structure:
Office and other commercial thous of dolls
Hotels
thous. of dolls
Apartments
thous. of dolls
All other
thous of dolls
Bond prices:
Highest-grade rails. p. ct. of par, 4% bond..
Second-grade rails.. p. ct. of par, 4% bond..
Public utility
p. ct. of par, 4% bond..
Industrial
p. ct. of par, 4% bond..
Comb, price index.. p. ct. of par, 4% bond..

1,000
],900

86.43
75.03
70.45
74.06
76.06

-0.6
-0.2
-0.6
+0.3
-0.2

-0.7
+3.3
+0.6
+1.9
+1.3

!

if

(For 1st of following month)
5 Liberty bonds..
p. ct. of par..
16 foreign governments and
city
p. ct. of par..
Comb, price index, 66 bonds.. p. ct, of par..
Municipal bond yield
per cent..

102. 46

101.40

101. 92

102. 66

102. 98

102. 10

+0.5

-1.0

103. 81
97.71
4.15

104.00
97.55
4.21

102. 75
97.46
4.26

4.22

103. 68
97.00
4.11

103. 67
97.13
4.11

103. 50
96.86
4.13

-1.2
-0.1
+1.2

-0.9
+0.3
+3.6

78,329
797
4,128
6,784

128, 030
812
50, 741
28, 039

787
10, 448
24,355

106, 919
799
6,656
4,580

127, 184
828
19, 702
4,125

4,845
4,504
7,487
.716

4,933
5,602
8,783
.711

4,049
8,111
.692

5,523
7,083
10, 345
.694

5, 631
5,829
9,465
.708

5,624
6,481
9,401
.693

4.46
.053
.044
.049
.385
.266
.189

4.49
.052
.044
.048
.391
.266
.192

.

GOLD AND SILVER

Gold:
Domestic receipts at mint fine ounces.. 87,490
808
Rand output—
.thous. of ounces
4,862
Imports
thous of dolls
2,136
Exports
_
thous. of dolls
Silver:
4,934
Production.
._ . . .thous. offineoz
7,272
Imports
thous. of dolls..
8,285
Exports
. _ thous. of dolls
.702
Price at New York
..dolls, perfineoz__

106, 488 +63.5
+0.7
802
+1.9 -1.9
19, 862
+157. 5
6,689 +313. 3 +579. 7

885, 500
7,970
289, 584
15, 284

'855,165
8,020
110, 602
232, 311

-3.4
+0.6
-61.8

+1.8
+24.4
+17.3
-0.7

-12.4
-3.9
-7.2
+0.4

52, 922
61, 601
89, 210

51, 838
54,800
83, 420

-2.0
-11.0
-6.5

4.61
.053
.043
.048
.401
.266
.193

-0.2
-6.4
-2.4
+2.3
0.0
0.0
0.0

+7.8
-15.4
-9.1
-6.2
+2.8
+0.8
+0.5

+0.5
0.0

+5.7
+8.6

+20.4

2, 980, 623

3, 453, 606

+15.9

FOREIGN EXCHANGE RATES
Europe:
England
France
Italy
Belgium
Netherlands
Sweden
Switzerland
Asia:
Japan
._
India
Americas:
Canada.
Argentina
Brazil
Chile

dolls, per £ sterling
dolls, per franc..
dolls, per lire.
dolls, per franc..
dolls, per guilder..
dolls, per krone..
dolls, per franc.

44.86
.047
.037
.045
.402
.269
.194

4.85
.047
.041
.044
.402
.268
.193

4.84
.044
.040
.045
.402
.268
.193

..dolls, per yen
dolls, per rupee..

.410
.366

.408
.366

.410
.366

.406
.325

.388
.337

.385
.344

dolls, per Canadian doll..
dolls, per gold peso..
dolls, per milreis.
dolls, per paper peso..

1.000
.917
.121
.119

1.000
.917
.135
.120

1.001
.934
.148
.121

.999
.800
.101
.104

1.000
.836
.112
.111

1.000
.855
1.55
.113

Grand total
_
thous. of dolls,. 340, 086 350, 095
.By grand divisions:
EuropeTotal
thous. of dolls
100, 547
100, 370
14, 287
France
_ thous. of dolls
12, 843
Germany
.thous. of dolls
13, 770
15, 067
Italy
thous. of dolls..
6,046
6,724
32, 312
United Kingdom
thous. of dolls
31,288
North AmericaTotal
thous. of dolls
71, 706
76, 548
Canada
thous. of dolls . 36. 282
37. 356
•* See table on p. 25 of the September, 1925, issue for earlier data.

374, 104

287, 144

310, 752

296, 148

115, 834
15, 675
15,703
9,680
37,717

98,849
12, 620
13, 157
5,766
32,700

106, 477
14, 123
13, 701
9, 019
36, 530

97, 949
13, 596
11, 894
7,986
35, 699

+15.4
+8.8
+22.1 +11.0
+4.2 +14.6
+44.0 +7.3
+20.5 +3.2

887, 522
119,471
114, 556
57,948
291, 453

1, 004, 300
127, 890
127, 164
33,432
333, 205

+13.2
+7.0
+11.0
-42.3
+14.3

81, 987
47. 115

73, 953
31, 297

75, 124
33. 729

71, 362
35. 144

+7.1 +9.1
+26. 1 +39.7

854, 762
327. 519

826, 258
368. 847

-3.3
+12.6

_

I

0.1
0.1
+1.9 +11.7
+9.6 +32.1
+0.8 +9.0

U. S. FOREIGN TRADE
Imports




378,000

+6.9

46

TREND OF BUSINESS MOVEMENTS—Continued
1925

Where available November data have been
included in this table. The cumulatives shown are in most instances,
howevevr, only through October and,
where designated by a footnote, through
September. Detailed data for items
shown here may be found on pages 29
to 151 of the August, 1925, "Survey"

PEE CENT INCREASE (+) OE
DECREASE (— )

1924

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
OCTO-

OctoAugust

September

October

November

Septem- October
ber

November

Per
cent
increase
( }
or t
decrease
(-)
1925
from
1924

BER 31

ber,
1925,

Octo-

from

September,
1925

from
Octo-

1924

1925

ber,
1925,

ber,
1924

U. S. FOREIGN TEADE— Continued
Imports—Continued
By grand divisions— Continued.
South America—
Total
.thous. of dolls. _
Argentinathous. of dolls . .
Asia and OceaniaTotalthous. of dolls.,
japan
thous. of dolls..
Africa, total
thous. of dolls..
By class of commodities:
Crude materials
thous. of dolls..
Foodstuffs, crude, and food
animals
thous. of dolls..
Manufactured foodstuffs... thous. of dolls..
Semimanufactures
- .thous. of dolls
Finished manufactures
thous. of dolls..
Miscellaneous
thous. of dolls..

1

41,932
5,152

44,321
5,603

38, 789
4,003

30, 632
5,442

42, 103
4,700

41,925
4,582

—12.5
-28.6

-7.9
-14.8

380, 022
64,422

427, 517
66,309

+12.5+2.9

119,732
35, 727
6,567

123,239
47, 970
5,526

133, 989
39, 079
3,506

80, 667
35, 601
3,043

82,920
29,308
4,128

80,959
28, 347
4,156

+8.7
-18.5
-36.6

+61.6

+33.3

-15.1

801, 309
272,072
57,008

1, 121, 177
307, 722
74,335

+39. 9
+13.1
+30.4

140, 524

142, 198

151, 144

96,242

100, 726

112,843

+6.3

36, 702
29, 786
65, 302
65, 664
2,506

45, 247
33, 110
58, 021
65, 370
6,059

44, 278
33, 192
65, 713
77, 224
2,553

29, 152
38, 243
52, 384
66, 456
4,667

42,462
38,414
56, 651
68, 979
2,320

38,074
29,091
52,931
61,463
1,948

427,460

527, 172

493, 573

+16.7

Exports
Grand total, including reexports
thous. of dolls..
By grand divisions:
Europe—
Total
thous. of dolls..
France
thous. of dolls..
Germany
thous. of dolls..
Italy
thous. of dolls..
United Kingdom
thous. of dolls _
North America—
Total
thous. of dolls .
Canada
thous. of dolls. _
South America—
Total
- -thous. of dolls..
Argentina
thous. of dolls..
Asia and Oceania—
Total
thous. of dolls..
japan
thous. of dolls..
Africa, total
thous. of dolls..
Total, domestic exports only_.thous. of dolls..
By classes of commodities:
Crude materials
thous. of dolls..
Foodstuffs, crude, and food
animals
thous. of dolls _ _
Manufactured foodstuff s_ -.thous. of dolls..
Semimanufactures
thous. of dolls. _
Finished manufactures
thous. of dolls..
Miscellaneous
thous. of dolls
Agricultural exports (quantities):
All commodities
index numbers..
All commodities except
cotton
index numbers _ .

+50.1

998, 619

1, 379, 573

+38.1

-2.1 +4.3
+0.2 -13.6
+13.3 +16.0
+18.1 +12.0
-57.9
+10.0

346,744
464, 770
533,710
618, 749
18,031

400,216
375,324
625, 606
651, 759
21, 128

+15.4
-19. 2
+17. 2
+5.3+17. 2:

-6.9

3, 651, 663

3,993,857

+9.4

+23.8 -2.7
+65.7 +27.1

i
379, 877

420, 318

490, 610

180, 873
18, 212
34, 114
11, 601
63, 099

228, 379
20, 545
52, 117
12, 793
90, 334

282, 702
34, 051
56, 481
17, 392
121, 394

235, 729
28, 217
44, 381
12, 793
96, 663

290, 615
26, 787
49, 655
21,955
125,432

305, 551
36, 765
38,441
22,863
125, 835

101, 375
60, 781

102, 819
63, 338

96, 491
55, 798

112, 150
70, 455

133, 314
86, 270

38, 125
14, 390

29,006
9,661

31, 135
12, 144

24, 224
9,628

50,790
13, 238
8,701
372,467

53, 107
18, 012
7,008
412, 698

73,421
33, 170
6,861
482, 921

71,472

131, 579

28, 564
47, 514
52, 149
172,406
362

34, 179
52, 659
50, 058
143, 470
753

448, 000

+8.4

+35.9
+34.4

+13.7
-20.8
-3.2

1, 865, 593
217, 037
331, 433
140, 369
740,315

2, 118, 749
222, 572
395, 158
170, 905
810,432

+13.6.
+2.6
+19. 2
+21. 8
+9.5

93, 105
53, 110

-6.2
-11.9

-27.6
-35.3

919, 684
531,933

951, 038
546,041

+3.4
+2.7

32, 820
12,764

26, 994
10, 013

+25.7

+7.3

51
-4.9

258, 319
96, 283

324, 083
118, 658

+25. &
+23.2

49,405
15, 765
5,952
419, 064

64,190
28,928
6,232
518, 265

63, 159
31, 559
4,787
486,483

+38.3 +14.4
+84.2 +14.7

-2.1 +10.1
-6.8
+17.0

549, 586
192,307
58,480
3, 572, 610

529, 361
171, 045
70,627
3,919,981

-3.7
-11.1
+20.8
+9.7

209, 659

127, 974

162, 432

196, 385

+59.3 +29.1

961, 634

1, 088, 927

+13. 2

19, 312
51, 474
50, 751
151, 070
655

66, 064
48, 834
49, 556
126, 198
438

101, 820
58, 711
53,428
141, 107
767

58, 599
54,800
50,872
124, 939
888

-43.5
-2.3
+1.4
+5.3
-13.0

-81.0
-12.3
-5.0
+7.1
-14.6

294, 131
464, 744
505, 971
1, 341, 138
4,992

276, 769
474, 561
555, 776
1, 517, 855
6,093

-5. 9
+2.1
+9.8+13.2.
+22.1

82

128

168

158

204

194

+31.3

-17.6

137

158

129

229

298

209

-18.4

-56.7

82, 074
112, 414

78, 663
109, 574

80,800
144,520

63, 901
82, 456

68,184
104, 316

66, 250
119, 876

+2.7
+31.9

+38.5 ;

+18.5

680, 969
825, 274

738, 065
965, 342

+8.4
+17.0

6,495
23,508

10, 206
22, 646

10,398
25, 748

10, 415
20, 395

12, 497
25, 793

10, 778
17, 050

+ 1.9
+13.7

-16.8
-0.2

54,753
95,031

55,768
120, 814

+1.9*
+27.1

27
25
1,195

35
37
1,278

74
109
1,647

23

1,613 i

18

1,314

29
20
1,715

23 +111. 4 +155. 2
23 +194. 6 +445. 0
1,593 +28.9
-4.0

548
600
13, 157

448
616
12, 682

+ 18.2.
+2.7
-3.fr

949
110

1,600
142

3,531
183

2,357 I
167

1, 779
158

2,460
187

2,524 +120. 7
208 +28.9

+43.5

33, 144
1,873

28,997
1,722

-12.5
-8.1

None
1,534
None

155, 100
2,496
7,550

150
3,385
8,328

178,802
6,880
28,265

1,000
1,271
3,325

3,720
14,571
10, 170

-85.0

299, 413
70,283
137, 981

242, 692
40, 212
131, 295

-18.&

120, 656
120, 272
23,564
116, 232
31, 207

124, 704
124, 689
22,864
116, 278
29, 746

137, 506
139, 982
20, 328
124, 529
29,647

108, 100 113, 156
106,882 112, 324
21, 547 , 22, 304
101, 843
99, 812
46, 973 I 22, 506
21,067

111, 703
112, 636
21, 371
96,981
24, 614

+24.6

1, 128, 949
1, 120, 403

1, 250, 974
1, 250, 748

+10. 8
+11.6-

+24.8
+40.7

1, 006, 559
222, 777

1, 142, 029
238,323

+13.5
+7. ft

CANADIAN TRADE AND INDUSTRY
Total trade:
Imports
thous. of dolls __
Exports
thous. of dolls __
Exports of key commodities (quantities) :
Canned salmon
_ .thous. of pounds. _
Cheese
thous. of pounds. .
Production:
Pig iron
.thous. of longtons..
Steel ingots
thous. of long tons. .
Bank clearings
mills . of dolls . .
Business failures:
Liabilities
thous. of dolls __
Firms
thous. of dolls..
Bond issues:
Govt and provincial
thous. of dolls _.
Mun cipal
- -thous. of dolls. .
Corpioration
thous. of dolls
Newsprint paper:
Production
_ .short tons. .
Shipments
...
..short tons..
Stocks
short tons..
Exports (total printing)
short tons
Building contracts awarded
thous. of dolls..




I
!

-2.1

+35.6 +166. 3
+10.3 +150. 5
+10.3
+12.3
-11.1
+7.1
-0.3

+21.5

-8.9

-42. a

-4.8







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