Full text of Survey of Current Business : December 1926
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(See charts and table, pp. 4 and 5+) As i k$$$ ere ttit available jihtMjfrMi & to 30 days **&->*»**;• ttr, av ««^o ****** ait-ci **** ir«*^ **«*« vtvac; w/ tu;~ ^rgs*ftw«M** ^JCVH^v>VCVwiiy«fM$'V jwc tffitt //*o«f/* p_\ fydate, but the cadvanceV leaflets give every weekv the laie$i data available. \*-\ ' ' ' " , '^^ 1"' V,\^5/^ ^\ ; :5x -:^;"% 1 x -, /^14^3> ^J -v.:- ^ ^ r - ^j ^v-V^r^ ; ; v ? T x ^ ' i ^ % ' <. ? ^ ' ^ v ; ' v A ^ V r ^^;^X- '-"T^^^PW^C'J''^ V*^'V'>;^t^^;i : : v "" \' ^ ' " * 't - '' " > - :/ • < V ~ > ' ,' x " ,'.."^' f , / ' V ' * :V''*|:^"- K « " ^ v - ^ ^ ^;:^-"K:r^4v^^^tV l: -V ^V^^S^' : :l' > V r V ; - ' " _.' «. . =^ OitfcjH X« - J.tv' » ^_ _ , ' , « _ - _ ^* Jt . .'«. *Ci , * ,*' J- *l*»"Vv r " ' A - *^_ _^ ^»<- J-rf>>«^ ^ x ^ 7 « " .' / ^'-^ *'-;( J J *^%/ >' ; J " ^ •!'/'-"' ;, >^;:^ -T^ \ ^"^ O^i;% '^ ^r^^-^'C^t^i UNITED STATES DEPARTMENT OF COMMERCE WASHINGTON SURVEY OF CURRENT BUSINESS COMPILED BY BUREAU -OF THE CENSUS : : BUREAU OF FOREIGN AND DOMESTIC COMMERCE No. 64 BUREAU OF STANDARDS DECEMBER 1926 CONTENTS SUMMARIES Preliminary summary for November Course of business in October Monthly business indicators (table and chart) Weekly business indicators (table and chart) Wholesale price comparisons (table and charts) Indexes of business: Condensed summary Text and chart Detailed indexes (production, prices, sales, etc.) Basic steel and related products (charts) Page 1 9 2, 3 4, 5 6, 7, 11 9 10 20 8 NEW DETAILED TABLES Stocks of coal Sand-lime brick Production of paints and varnishes Census of manufactures 1 14 15 16 19 INDEX BY SUBJECTS Textiles Metals, metal products, automobiles, etc Fuels Hides and leather Rubber Paper and printing Building construction and housing Lumber products Stone, clay, and glass products Chemicals and oils Foodstuffs Tobacco Transportation and public utilities Employment and wages Distribution movement (trade, advertising, etc.) Banking, finance, and insurance Foreign exchange and trade, gold and silver Text Table page page 12 12 13 14 14 14 15 15 15 16 16 17 17 11 18 18 19 23 25 29 30 30 31 32 33 34 35 37 40 40 42 43 44 46 PRELIMINARY SUMMARY FOR NOVEMBER November business, according to early weekly reports, was, in general, above last year. Bituminous coal output continued to increase, reaching a high level, but beehive coke output was less than a year ago. Petroleum output was also at the highest levels in over a year, but lumber output was lower than in the corresponding weeks of November, 1925. Building contracts awarded in the early part of November were slightly lower than a year ago, while car loadings continued their increase over the corresponding weeks of 1925. Keceipts of wheat and cotton were higher than a year ago in the early part of November, while cattle receipts showed little change and hog receipts were slightly lower. Wholesale prices continued to decline and in the third week of November were 6 per cent below a year ago. Cotton and steel prices rose slightly in the early part of November but wheat declined. Bank loans were somewhat lower than in October, but were higher than a year ago. Check payments were about on a level with the first two weeks of November, 1925. Business failures were slightly higher than a year ago. Call-money rates advanced slightly from October, while time money showed a declining tendency. Prices of both stocks and bonds made advances over October. RECORD BOOK OF BUSINESS STATISTICS Earlier in the year, subscribers for the "Survey7' them comparable with present series has greatly were informed of the preparation of a Record Book of delayed the compilation. It will, therefore, be some Business Statistics to extend the data now published months before the Record Book is completed. Notice in the "Survey77 back to pre-war years wherever of its completion will be published in the "Survey77 possible. This volume is now under way but the in due course, together with details as to price and difficulties in locating early data as well as in making methods of distribution. 21310—26 1 MONTHLY BUSINESS INDICATORS: 1920-1926 f Ratio charts—see explanations on inside front cover. The curve on bank debits has been adjusted for normal seasonal variations and that on manufacturing production for the varying number of working days in the month] RELATIVE TO 1913 AS 100 350 1920 1921 1922 1923 1924 1925 1926 INDUSTRIAL STOCKS INTEREST RATES, COMMERCIAL PAPER RELATIVE TO 1919 AS 100 1920 1921 1922 1923 1924 1925 1926 BANK DEBITS, 141 CENTERS WHOLESALE TRADE. 6 LINES DEPT, STORE TRADE (359 STORES) WHOLESALE PRICES (DEPT. OF LABOR ) FARM PRICESCDEPT. OF AGRICULTURE COTTON CONSUMPTION MANUFACTURING PRODUCTION (64 COMMODITIES) PIG IRON PRODUCTION UNFILLED STEEL ORDERS NET FREIGHT TON-MILES AUTOMOBILE PRODUCTION ( PASSENGER CARS AND TRUCKS: BUSINESS FAILURES DEFAULTED LIABILITIE 1920 1921 1922 1923 1924 1925 1926 1921 1922 1923 1924 1925 1926 MONTHLY 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 segregates 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. 1925 MONTHLY AVERAGE 1926 ITEM 1930 1921 1922 1923 1924 1925 Aug. Sept. Oet Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. 1913 monthly average =100 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 1 Cotton (total) Prices: > Wholesale index Retail food Retail coal, bituminous Farm products. . Business finances: Defaulted liabilities Price 25 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 54 64 38 107 99 87 312 189 97 113 117 87 114 80 131 58 85 349 224 109 126 130 130 144 120 153 104 118 407 295 117 130 160 101 122 128 164 99 101 434 287 99 133 151 118 146 136 177 68 109 470 304 115 139 128 106 136 132 249 113 113 429 323 96 135 96 106 138 132 240 1 117 450 313 104 144 97 118 154 138 207 1 133 495 311 117 173 122 118 155 131 137 2 127 535 297 117 137 127 127 158 135 94 3 132 558 294 124 152 162 130 164 138 77 2 135 578 288 125 139 168 114 151 132 79 27 117 559 264 122 120 127 134 178 147 129 115 116 545 293 136 136 136 135 163 143 175 108 101 537 290 124 137 120 136 156 143 243 106 98 506 302 111 139 119 126 149 139 259 117 105 499 298 111 150 136 126 145 140 254 111 109 489 313 99 136 129 125 159 140 251 108 116 497 321 108 140 118 123 156 139 245 111 123 521 315 123 164 100 130 162 147 237 114 137 170 90 96 102 68 73 59 63 70 78 85 83 78 74 65 61 59 61 60 61 62 143 155 171 198 265 153 311 125 369 111 290 129 289 56 287 129 284 185 283 216 278 237 278 226 274 213 274 192 273 168 271 143 268 119 265 98 264 85 265 137 264 217 226 203 207 205 147 153 197 116 149 142 188 124 154 146 190 135 150 146 169 134 159 145 167 147 160 160 160 152 160 159 163 144 158 162 170 143 158 167 179 144 156 166 179 143 156 164 179 143 155 162 179 143 152 160 170 140 151 162 168 140 152 161 161 139 152 160 160 139 151 157 160 136 149 156 162 133 151 159 170 134 150 160 176 130 108 184 67 229 136 64 228 169 75 197 185 72 198 198 81 162 262 99 163 272 101 134 280 102 129 298 102 157 305 107 160 305 111 191 309 111 150 309 109 134 272 105 169 249 104 147 253 106 129 268 111 130 280 113 123 296 116 131 296 120 146 283 114 . . . 257 275 134 205 212 118 230 230 80 226 276 90 264 284 71 300 315 73 256 297 72 276 316 76 329 358 80 298 319 79 342 348 79 344 341 79 272 288 75 356 339 78 329 324 76 297 316 72 307 329 70 302 334 72 275 304 78 271 313 80 309 344 82 . 294 331 264 140 181 188 177 154 204 212 168 259 201 185 284 236 198 327 228 184 255 234 203 309 250 237 464 252 216 396 266 226 473 279 192 336 260 170 322 297 181 357 266 187 344 215 172 299 226 163 309 227 178 284 225 186 286 230 217 336 256 221 417 137 105 115 139 131 139 153 151 161 149 139 138 130 141 133 146 144 153 160 162 . ._ . _ 333 122 166 101 1919 monthly average =100 Production: Lumber * Building contracts Stocks: Beef Pork Business finances: Bond prices (40 issues) Banking: Debits outside New York City Federal ReserveBills discounted Total reserves. . Ratio. .. . 102 72 86 69 117 102 133 106 129 108 141 138 154 166 153 155 157 148 140 146 127 137 113 117 130 90 146 150 142 155 148 153 148 142 139 125 143 141 141 139 143 135 66 98 42 83 29 70 32 91 34 90 34 82 19 76 17 59 20 46 31 45 36 56 34 67 33 74 30 78 25 76 22 74 21 78 19 86 18 84 20 67 26 53 86 87 107 104 108 112 111 111 111 112 112 114 115 115 116 117 117 117 117 116 116 114 91 95 107 108 121 113 119 137 121 137 134 114 133 128 122 128 135 118 121 135 132 97 80 91 122 122 28 144 154 39 146 152 19 146 160 26 134 149 30 132 149 33 131 144 30 132 144 32 131 142 39 129 134 23 135 149 28 133 147 33 133 146 27 135 151 24 136 151 27 136 150 27 137 152 32 135 148 37 134 145 33 135 147 i Data since January, 1925, cover only stocks east of California, and hence are not.directly comparable with figures for earlier periods. * Wholesale and retail prices from Department of Labor averaged for the month; farm prices from Department of Agriculture. • Based on the total computed production reported by 5 associations. Includes southern pine, Douglas flr, western pine, North Carolina pine, and California white pine. The total production of these associations in 1919 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. WEEKLY BUSINESS INDICATORS [See table on page 5] WEEKLY AVERAGE, J922 -1924 = 100 . BITUMINOUS COAL, PRODUCTION FE0. MAR. APR. MAY FISHER'S INDEX*WEEKLY AVERAGE 1923-1924* 100 • WHEAT RECEIPTS JUNE .JULY AUG. SEPT. >. MAR. APR. MAY JUNE FISHER'S WHOLESALE PRICE INDEX J V/\'\ J"v ^\\ *v*iij v SA -v*/ Aj ." . .• ^ K .«••' <!•" * \. *•*"•' !\ COTTON PRICES MIDDLING NEW YORK LUMBER PRODUCTION IRON AND STEEL COMPOSITE PRICES 160 BEEHIVE COKE PRODUCTION ^ f 71 . •••••• "x !00r ) 80 i"-f *\ ». ^ S-\, V : ^i i 1 1 1 1 11 v*°* 1 !1 WHEAT PRICE NO.2 RED WINTER A */ V^ ^s/ «f *'• ••• ! so "A ; / ...... 1 11 1I I 1111 1 11 PETROLEUM PRODUCTION(DAILXAVERAGE) LOANS AND DISCOUNTS <F.R. MEMBER BANKS CATTLE RECEIPTS DEBITS TO INDIVIDUAL ACCOUNTS . CAR LOADINGS 140 120 100 80: 60 200 BUILDING CONTRACTS H 180 60 40 WEEKLY BUSINESS INDICATORS Building contracts Receipts of wheat Receipts of cotton Receipts of cattle Price of No. 2 wheat Bank loans and discounts Debits to individual accounts Call-money rates Business failures 117.3 116.9 116. 9 115.5 121.2 107.2 120.7 123.2 152.4 97.7 162.3 136.0 136.0 158.1 170.4 180.6 177.9 197.0 244.3 279.1 113.8 89.7 109.6 122.8 62.8 56.8 61.8 62.0 103.2 103.0 103.6 103.1 85.7 90.6 92.5 90.2 90.6 90.9 90.9 91.0 137.4 139.0 140.7 138.2 115. 3 115.0 116.3 116.6 111.5 95.3 128.1 122.3 100.0 106.1 100.0 118.2 82.3 70.2 89.1 89.6 121. 3 128.7 129.7 133. 2 137.5 114.8 116.7 114.8 116 7 116.7 82.0 89.0 99. 1 98.2 114.5 114.9 114.9 114.2 113 3 113.2 122.3 121.6 121.6 123. 3 120.0 234.8 132.0 117.6 130. 6 157.8 149.0 113.4 90.7 74.6 81.0 311.9 309.4 337.4 327.7 325.1 142.8 156.6 155.9 149.5 143.7 78.1 73.4 70.7 70.6 80.6 102.3 101.7 102.0 101.7 102.9 87.5 83.4 81.9 82 3 74.7 91.1 91.1 91.1 91 5 92.4 125.2 130.1 138.2 118.3 118.2 118.6 118.7 118.9 126.9 138.7 118.0 137.5 122.4 121.2 112.1 100.0 103.0 121.2 87.3 90.5 83.8 80.6 92.8 Nov. 7 14 21 28 134.1 134.0 138.8 127.8 114.8 112.4 113.8 106.2 128.1 129.4 124.6 128.5 112.8 111.8 112.5 112.1 116.9 115.5 116.3 101.5 175.8 141.5 147.2 104.3 95.8 86.5 104.5 104.7 323.8 288.5 289.8 285.1 136.7 124.4 119.0 88.7 85.0 87.5 97.6 79.0 103. 3 103.4 103.6 104.2 79.2 78.9 78.5 80.8 93.6 94.3 94.5 94.6 136.6 138.2 137.4 140.7 120.0 119.9 119.9 119.4 131.8 114.4 145.8 124.4 112.1 109. 1 112.1 121.2 88.1 102.7 109.0 95.3 Dec. 141.8 142.2 139.8 92 9 108.1 110.5 111.4 72 9 130.7 127.6 137.3 114.5 111.9 111.2 110.5 109 8 112.2 110.9 106.4 77.1 181.4 142. 1 142.3 110.2 117.3 116.3 104.1 74.4 293.6 283.0 242.6 206.8 123.5 125.1 119.3 65.3 110.0 110.2 102.8 70 6 105.1 103.6 102.7 102.9 78.5 74.3 73.2 74 7 95.3 95.2 95.2 95.2 143.9 119.8 120.2 120.4 120.8 124.7 123. 9 141.4 133.6 121.2 124.2 124.2 142.4 105.0 107.5 112.7 83.1 Wholesale prices Beehive coke duction Price of iron and steel (composite) Car loadings 72.8 73.2 75.0 77.2 Price of cotton middling Petroleum production 117.6 112.4 119.0 115.7 Receipts of hogs Lumber production 119.3 110.0 119.9 125.3 WEEK ENDING 2— pro- Bituminous coal production All data are given as relative to the weekly average for 1922 to 1924 as 100, except wholesale prices, which are based on 1923 to 1924 average 1935 Sept. 5 12 19 26 Oct 3 10 17 24 31 . 5 12 19 26 1926 Jan 2 9 16 23 30 117.5 143.5 144.0 136.9 138.4 56.7 81.4 94.3 101.9 103.8 128.5 127.2 136.4 150.4 148.7 108.2 107.7 106.8 105.7 103.8 81.5 99.7 103.0 101.3 101.7 152.3 131.8 119.2 182.7 115.5 41.6 75.7 63.0 55.9 53.0 174.0 132.8 112.3 119.6 106.0 71.4 103.9 105.1 102.2 83.3 97.2 122.7 112.5 94.7 102.0 103.8 103.8 103.4 103.7 104.0 78.1 78.5 79.6 78.9 78.5 95.5 95.5 95.5 95.3 94.9 152.8 163. 7 152.8 152.8 148.8 121.8 121.3 120.2 120.0 119.3 109.8 153.2 129.8 135.2 124.0 145. 5 97.0 109. 1 97.0 109. 1 93.0 137.3 142.5 127.6 128.4 Feb 6 13 20 27 134.0 132.3 126.8 120.0 108.1 110.5 108.1 107.1 161.0 158.8 154. 8 140.4 104.5 104.3 104.3 105.6 100.6 100.8 102. 4 100.3 93.2 77.0 102.8 146.7 M» 48.9 60.8 40.6 101.3 97.9 87.7 71.1 87.8 85.5 78.8 82.3 94.4 93.7 79.0 80.9 104.0 103.3 102.0 101.3 78.5 78.5 78.5 75.1 94.9 94.9 94.7 94.7 156.1 148.8 145.5 147.2 119.6 119.8 119.4 119.2 132.4 123.3 121.7 107.7 112.1 118.2 115.1 127.3 128.9 94.8 118.9 104.0 Mar. 6 13 20 27 115.2 117.8 113. 1 106.0 109.5 111.4 114.8 118.1 115.8 115.4 115.4 109.7 105.3 106.1 105.8 106.0 106.0 106.3 107.4 106.4 106.4 119.6 167. 0 157.1 45.7 36.6 42. 1 42.1 68.5 65.5 68.1 71.5 81.0 83.3 85.9 88.4 90.1 82.9 85.6 78.6 100.3 99.9 100.1 98.8 73.6 74.0 72.8 72.8 94.7 94.7 94.6 94.6 139.0 137.4 142.3 130.1 119.8 119.0 119.3 119.3 143.5 121.7 133.6 122.2 112.1 103.0 103.0 118.2 120.4 122.1 97.5 110.2 Apr 3 10 17 24 99.6 103.8 102. 5 102. 1 116.7 115.7 119.0 118. 1 102.6 100.0 102.2 100.0 106.7 106.7 106.4 107.2 102.0 102.2 106.1 107.0 165.1 207.4 184.9 128.6 31.4 39.4 33.6 42.4 57.4 51.9 48. 1 43.0 69.8 74.3 82.0 88.7 59.9 68.9 74.8 74.6 98.9 98.2 98.8 98.5 73.2 72.8 72.5 71.3 94.6 93.8 93.8 93.6 136.6 142.3 120.2 119.4 118.9 118.7 124.0 133.1 126.2 129.6 115.1 97.0 109.1 84.8 98.5 99.8 108.2 117.9 May 1 8 100.5 99.6 102.4 102.3 106.7 111.4 109.5 111.4 112.4 113.8 92.1 93.0 89.3 92.5 85.1 109.1 109.3 109.6 108.9 110.3 109.4 109.5 113.2 114.2 118.8 165.2 166.4 147.2 190.0 168.3 41.9 42.3 37.3 43.4 58.2 49.4 43.4 44.3 39.6 40.4 99.0 98.1 87.1 86.8 95.8 78.7 74.5 66.5 72. 1 78.7 97.9 98.5 99.2 99.6 99.4 71.3 72.5 71.7 70.9 71.3 93.4 93.4 93.3 92.8 92.5 134.1 135.8 137.4 134.1 135.0 119.3 119.8 119.4 118.9 118.7 117.3 134.2 119.7 125.6 118.8 93.9 93.9 90.9 97.0 97.0 122.6 100.3 104.2 102.7 108.0 June 5 12 19 26 95.4 106.0 104 7 108.5 105.2 112.4 114.8 109.5 85.5 86.0 80.7 82.0 110. 1 110.4 110.3 110.8 104.0 116.5 114.7 116.8 124. 5 150.9 134 3 150.6 44.3 44.7 42.3 68.3 36.6 34.0 27.2 18.3 95.5 92.9 94.2 85.9 75.7 92.0 75 7 71.4 98.9 100.1 99.2 99.0 70.9 68.7 69.4 70.2 92. 1 91.7 91.5 91.5 120.3126.8 125.2 117.9 119.4 118.9 120.2 119.3 117.0 121.4 129.8 123.0 100.0 97.0 90.9 103.0 84.8 94.0 99.5 99.5 July 104.5 91.5 111.4 111.8 116. 1 105.2 84.8 107.1 103.8 109.5 71.5 77.2 79.8 74.6 77.2 111.7 111.5 112.6 113.5 1]6 0 117.9 99.0 119.1 119.3 121.2 125.6 158.2 162.8 134. 1 188.7 106.0 166. 1 171.6 232.0 309.6 20.4 14.5 22.1 22.1 28 1 96.5 90.0 104.2 94.9 94.2 72.1 70 7 67.1 70.9 68 2 97.9 98.2 97.9 97.1 96.4 69.1 72. 1 70.2 71.3 72 5 91.8 91.8 91.7 91.7 91 5 109.8 120.3 117.1 118 7 120.9 120.3 119.8 119.6 119.6 126.8 130.3 129.3 129.9 116. 1 115.1 109. 1 103.0 97.0 106 1 92.3 76.1 88.1 89.3 98.8 Aug. 7 14 .. 21_ 28 _ 111.8 117. 1 116.0 123.6 110.5 111.4 110. 5 113.3 72.8 71.5 80.3 79.4 117.4 118.5 119.0 119.4 119.1 121.7 119.7 124.9 121.5 152. 1 151.8 197.7 284.0 225.0 167.9 131.1 25.1 48.5 59.1 67.7 75.6 99 0 102.9 103.9 70.9 67 1 67.9 59 9 96.2 96.0 95.9 96.5 71.3 67.2 68.7 72.1 91.5 91.5 91.5 91.5 113.0 111.4 110.6 110.6 120.4 120.7 120.3 120.4 127.2 116.8 122.8 113.0 109.1 109. 1 109.1 115.1 93.3 92.3 90.1 91.0 Sept. 4 11 18 25 121.3 113.0 126. 1 129.1 109.5 99.5 109.5 111.4 80.7 79.8 86.0 86.4 120 4 119.7 119.1 119.0 126 6 113.3 130.5 130.0 145 0 193.4 162.1 180.2 155 1 146.6 141.2 117. 1 112 8 126.0 216 2 275 7 124 1 121.9 134 1 141 5 60 60 64 60 9 7 2 4 96 2 96.7 96 6 96 3 70 6 69.8 64 5 57 4 91 5 91.4 91 9 92 1 108 1 108.9 111 4 111 4 121 3 121.5 122 5 122.0 112 7 101.7 127.4 131 3 115 1 121.2 121.2 127 3 93 8 74.4 81.3 83.6 Oct. 2 9_ 16.. 23 30 132.3 136.2 136.4 140.0 148.6 108.1 111.4 110.5 108.1 110.5 80. 7 91.2 88.2 87.7 86.0 120 3 120.8 122.5 125.3 127.8 130.3 130.2 133. 0 132.9 133.7 173 8 141.4 186.4 159.9 168.8 110 9 104.9 87.9 104.6 112.9 355 7 398.7 397.4 391 1 363.0 131 2 147.3 143. 1 144 0 151.8 59 5 64.5 67.3 75 1 80 1 96 6 95.5 96.5 96 7 97.7 54 0 49.4 51.3 47 5 47.9 92 0 92.1 92.8 92 8 92.9 133 0 111.4 113.0 115 4 116.3 123 1 123.3 123.2 123 0 122.4 119 6 143.6 118.7 145.4 127.7 133 3 115. 1 124.2 103.0 109. 1 82.8 97.3 93.3 107.2 107.0 Nov. 6 13 20 27 144.4 151.5 107.1 103.8 84.2 89.0 129.2 128 5 125.0 147.3 140 0 99.6 92 4 354.0 340 4 337.9 125.7 139 2 80 7 86 4 100.0 99 6 97.2 47.9 49 4 49.1 93.2 93 5 93 6 114.6 113 0 122.9 122 4 123.2 127 3 109.1 106 1 112.1 95.5 105.2 113.7 15 22 29 - 3 10 17 _. .. 24 _ 31 1 Sources of data are as follows: Bituminous coal and beehive coke production from Z7. S. Department of Commerce, Bureau of Mines,' Lumber production, based on four associations, from the National Lumber Manufacturers Association; Petroleum production (crude) from American Petroleum Institute; Loadings of freight cars from American Railway Association; Building contracts from F. W Dodge Corporation; Receipts of wheat from Bradstreet's; Receipts of cattle and hogs from U. S. Department of Agriculture, Bureau of Agricultural Economics; Receipts of cotton from New Orleans Cotton Exchange; Wholesale prices (Fisher's index), based on 1923-24 as 100, from Professor Irving Fisher; Price of cotton, middling, from New York Cotton Exchange; Price of iron and steel, composite, from Iron Trade Review; Price of wheat, No. 2, red, cash, from Chicago Board of Trade through U. S. Department of Agriculture, Bureau of Agricultural Economics; Loans and discounts of member banks and debits to individual accounts from Federal Reserve Board; Call-money rate from Wall Street Journal; Business failures from R. O. Dun & Company. 1 The actual week for all items does not always end on same day. WHOLESALE PRICES IN OCTOBER [Bars denote percentages of increase or decrease in the wholesale prices of specified commodities as compared with the same month of 1925 and 1924] COMMODITIES COMPARISON WITH PREVIOUS MONTH DECREASE INCREASE 20 0 10 10 COMPARISON WITH SAME MONTH COMPARISON WITH SAME DECREASE 20 i 40 30 DECREASE INCREASE 20 10 0 10 MONTH 1924 1925 20 30 40 50 60 40 30 20 INCREASE »0 0 10 20 30 40 00 60 FARM PRODUCTS, AVERAGE PRICE TO PRODUCER WHEAT I ' e % CORN POTATOES COTTON '/&G.W////////, COTTONSEED CATTLE. BEEF 7,1*. ' ' y/////t 1^^%%^^^^ v////////////////////// $///////// ' ' '^ ww///^///y/ty///± W7/, •••••••••^IH ^^^^^^^^^ Y^/^^/^///^/^/f, «• \ ••BB HOGS . LAMBS , W/ . , ' ' >,,y% FARM PRODUCTS. MARKET F R CE • ' 1 WHEAT. SPRING WHEAT. WINTER CORN NO.2 BARLEY RYE. • • NO. 2 : \ I HEAVY FLOUR. SPRING ,. 1 i • ' 1 • & I • E^5 I BEEF, CARCASS WL BEEF, STEER ROUNDS COTTON PRINT CLOTH . , , ,] . , . , , FOOD ^ SUGAR, GRANULATED COTTON YARN VM///w/wy/s////4w, . . . mt, COTTONSEED OIL SMOKED(CHICAGO) Jj% Wk , V. FLOUR. WINTER SUGAR. RAW HAMS. , 1 ^ , ^ ^B i i | i i 1 ' i i W%7/, VW;, %m mz, wz. \ W* HIDES, PACKER'S HIDES. CALFSKINS LEATHER. SOLE, OAK BOOTS AND SHOES (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 (NEW YORK) CEMENT STEEL BEAMS RUBBER CRUDE SULPHURIC ACID * * Jr , , * . , "{-: . . « j . FUEL r 20 , 10 * 0 METALS 1 ' • 1 ' 20 DECREASE INCREASE 1 ' g & ' ' ^ m e 1 i I I0 A ^%%%%%%^ 1 , • I & I w/. II , ,^ , ••ilillllll v//////////////. m%7/, w.* SILK. RAW i v///////////y/////^ \ WOMEN'S DRESS GOODS | Y///////////4 v////////////////^ A SUITINGS r CLOTHING 1 v/////, //&w////////. COTTON SHEETING WORSTED YARNS LEATHER. CHROME f BOSTON ) g • • SHEEP. EWES SHEEP. LAMBS , E CATTLE, STEERS HOGS. , W/////////////// - v////////////////////// COTTON WOOL. '/4 GREASED BOSTON!) , m & t OATS TOBACCO. BURLEY , , ^^ BUILDING >w/> MATERIAL r AND MISCEL LANEOUS 1 & • • ^\ 1 W/fr 1 60 & §; . 40 ^^^ S%W////1W/W%W/ 30 . 20 . 10 .• Q , 10 DECREASE i i i 20 30 40 , 60 INCREASE NO CHANGE i 60 70 80 50 40 30 20 DECREASE 10 Q 10 20 30 40 50 INCREASE 60 70 ft 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 metal 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 6. PER CENT INCREASE (+) OR DECREASE (-) ACTUAL PRICE (dollars) RELATIVE PKICE (1913 average=» 100) Unit COMMODITIES Septem- October, October, ber, 1926 1926 1925 October, October, Sep1926 from 1926 from tember, Septem- October, 1926 1925 ber, 1926 October, 1926 October, 1925 FARM PRODUCTS-AVERAGE PRICE TO PRODUCERS Wheat ... Corn Potatoes „ Cotton Cottonseed Cattle, beef . Hogs Lambs . . 1.214 .745 1.264 .117 20.06 .0643 .1206 .1131 1.364 .830 1.256 .215 32.82 .0631 .1116 . 1204 +3.1 -2.2 -3.2 -30.4 -26.3 -0.8 -0.1 01 -11.0 -10.2 +0.6 -45.6 -38.9 +1.9 +8.1 61 149 123 219 140 126 110 161 186 153 121 212 98 92 109 161 185 172 134 210 179 151 107 149 197 1.39 1.36 .80 .43 .67 .97 21.00 .170 .44 10.19 12 38 5.77 13.78 1.44 1.40 .78 .47 .71 1.01 21.00 .132 .45 9.89 12.97 5.81 13.28 1.55 1.64 .83 .40 .74 .84 25.00 .220 .51 11.91 11.69 6.41 14.81 +3.6 +2.9 -2.5 +9.3 +6.0 +4.1 0.0 -22.4 +2.3 -2.9 +4.8 +0.7 36 71 -14.6 -6.0 +17.5 -4.1" -16.0 40 0 -11.8 -17.0 +10.9 -9.4 -10.3 153 138 127 113 107 152 150 133 176 120 148 123 177 158 142 124 125 114 159 159 103 180 116 155 124 170 170 166 132 107 119 132 189 172 204 140 140 137 194 Pound 7.73 6.68 .044 .056 .11 .163 .170 .320 7.94 6.94 .046 .057 .09 .170 .162 .303 8.26 7.41 .039 .050 .10 .185 .160 .283 +2.7 +3.9 +4.5 +1.8 -18.2 +4.3 -4.7 -5.3 -3.9 -6.3 +17.9 +14.0 -10.0 -8.1 +1.2 +7.1 169 174 127 132 155 126 130 193 173 180 131 134 122 131 124 182 181 193 110 117 136 143 122 170 Pound..... Yard Yard Pound Yard Yard Pound Pound Pound Square foot Pound Pair Pair .367 .076 .093 1.40 .71 3.29 6.13 .152 .178 .45 .43 6.40 4.85 .329 .049 .090 1.40 .70 3.29 5.78 .161 .178 .45 .43 6.40 4.85 .430 .096 .108 1.65 .80 3.60 6.66 .174 .200 .46 .46 6.40 5.15 -10.4 -35.5 -3.2 0.0 -1.4 0.0 -5.7 +5.9 0.0 0.0 0.0 0.0 0.0 -23.5 -49.0 -16.7 -15.2 -12.5 -8.6 -13.2 -7.5 -11.0 -2.2 -6.5 0.0 -5.8 148 144 152 180 225 213 168 82 94 167 96 206 153 133 142 146 180 222 213 159 88 94 167 96 206 153 174 181 176 212 254 233 183 95 106 171 103 206 163 Ton _. . 1.177 .762 1.306 .168 27.38 .0648 . 1207 .1132 Bushel Bushel Bushel Pound Pound .. . Pound Pound FARM PRODUCTS-MARKET PRICE Wheat, No. 1, northern spring (Chicago).. Wheat, No. 2 red, winter (Chicago) Corn, contract grade 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, & bloodcombing, Ohio and Pennsylvania fleeces (Boston) Cattle, steers, good to choice, corn fed (Chicago) Hogs, heavy (Chicago) . . . Sheep, ewes (Chicago) Sheep, lambs (Chicago) Bushel Bushel. _ ._ _ Bushel Bushel . Bushel Bushel Cwt Pound Pound Cwt .. Cwt Cwt Cwt +20.2 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 Barrel Barrel Pound Pound Pound Pound . . • Cotton yarns, carded, white, northern, mule spun, 22-1 cones (Boston) Cotton-print cloth, 27 inches, 64 x 60-38^"-5.35— yards to pound Cotton sheeting, brown 4/4 Trion (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, 55-56 inches, 16-ounce Middlesex (N. Y.) Silk, raw, Japanese, Kansai No. 1 (New York).. _ Hides, green salted, packer's heavy native steers (Chicago) . Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago) 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) j FUEL j Coal, bituminous, mine-run lump (Cincinnati) _. Coal, anthracite, chestnut (New York tidewater) Coke, Connellsville (range of prompt and future) furnace —at ovens Petroleum, crude, Kansas- Oklahoma— at wells .. Short ton ^_ 3.64 Long ton... 11.48 Short ton_. 3.49 2.050 Barrel 3.74 11.48 4.00 2.050 3.39 11.28 6.53 1.600 +2.7 0.0 +14.6 0.0 +10.3 +1.8 38 7 +28.1 166 216 143 219 170 216 164 219 154 212 268 171 Long ton... 19.39 Long ton... 17. 50 Long ton... 35.00 .1406 Pound. .0879 Pound .6654 Pound .0741 Pound 20.26 18.00 35.00 .1386 .0840 .6823 .0730 20.89 18.63 34.25 .1430 .0951 .6046 .0828 +4.5 +2.9 0.0 -1.4 -4.4 +2.5 -1.5 -3.0 -3.4 +2.2 -3.1 -11.7 +12.9 -11.8 121 119 136 92 201 150 135 127 122 136 91 192 154 133 131 127 133 94 218 137 151 43.54 17.16 15.50 47.41 16.50 14.75 +1.5 +4.1 3.1 -8.2 +4.0 +5.1 186 179 244 189 186 236 206 179 225 0.0 0.0 2.1 -2.9 +2.6 -56.9 +7.1 163 132 42 75 163 132 41 75 168 129 96 70 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, desilverized, 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 flr, No. 1, common s 1 s, 1 x 8 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 aeid 66° (New York) Mfeet Mfeet Thousand Barrel Cwt Pound Cwt 42.88 16.49 16.00 1.65 2.00 .340 .75 1.65 2.00 .333 .75 1.70 1.95 .773 .70 0.0 8 PIG IRON PRODUCTION AND UNITED STATES STEEL CORPORATION'S UNFILLED ORDERS [October, 1926, is latest month plotted] 14,000 600 AUTOMOBILE PRODUCTION AND NEW BUILDING CONTRACTS AWARDED IN 27 NORTHEASTERN STATES [October, 1926, is latest month plotted] 1300 TOTAL AUTOMOBILE PRODUCTION 40 LOCOMOTIVE SHIPMENTS AND UNFILLED ORDERS [October, 1926, is latest month plotted] 4,000 2,000 1926 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 summary are given in the table entitled "Indexes of Business," beginning on page 23] PRODUCTION: Manufacturing (64 commodities— adjusted) l Raw materials, total Minerals Animal products Crops. _ Forest products Electric power Building (awards— floor space) _ _ 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) _ _ PRICES (recomputed to 1919 base) : Producers', farm productsWholesale, all commodities Retail food Cost of living (including food) CHECK PAYMENTS (141 cities—seasonal adjustment) FACTORY EMPLOYMENT (1919 base) TRANSPORTATION : Net freight ton-mile operation Car loadings (monthly total) Net available car surplus (end of month) 1 PER CENT INCREASE (+) OR DECREASE (— ) 1926 1925 YEARLY AVERAGE October, October, 1926, 1926, from from October, October • September, August SeptemOctober August September ber 1925 1926 1923 1924 1925 119 114 136 117 102 121 144 106 113 119 126 117 118 119 152 108 125 116 132 113 111 126 169 138 122 116 151 107 106 132 168 166 122 151 133 105 191 131 169 155 132 158 140 115 196 136 183 148 135 122 156 111 114 117 189 141 134 148 156 111 172 120 190 139 134 179 163 117 232 117 0.0 + 20.9 + 4.5 + 5.4 + 34.9 -2.5 + 1.5 + 13.3 + 16.4 + 1.7 + 18.4 -14.6 135 -2.9 -8.8 119 74 135 52 145 56 142 52 148 52 131 53 184 49 172 49 174 44 + 1.2 -10.2 + 32.8 -17. 0 99 165 83 124 105 185 82 125 118 209 84 131 89 195 87 98 114 191 94 122 170 237 101 165 98 204 87 105 120 211 97 130 150 257 94 158 + 25.0 + 21.8 -3. 1 + 21. 5 -11.8 + 8.4 -6.9 -4.2 65 75 78 94 64 73 78 95 70 77 84 98 73 78 86 98 69 78 85 98 68 77 87 99 64 72 84 96 64 73 85 97 62 73 86 97 -3. 1 0.0 + 1.2 0.0 -8.8 -5.2 1 i -2.0 103 93 110 84 127 84 125 83 127 84 132 85 136 84 132 85 131 86 -0.8 + 1.2 -0.8 + 1.2 115 119 108 116 115 122 126 124 125 123 133 159 132 127 134 131 172 + 31.3 + 8.2 25 139 146 98 85 66 98 69 48 -30.4 -27.3 See p. 28, Jan., 1925, issue (No. 1), for details of adjustment. COURSE OF BUSINESS IN OCTOBER GENERAL BUSINESS Industrial activity in October, after adjustment for differences in working time, although showing no change from the preceding month, recorded an advance of almost 2 per cent over October, 1925. The production of raw materials was larger than in either the previous month or the same month of the preceding year, increases over both periods which occurred in minerals and the marketing of animal products and crops, being more than sufficient to offset declines in forest products. Building contracts awarded both in point of floor space and value were smaller than in either the previous month or the same month of 1925. Unfilled orders of manufactured commodities, principally iron and steel and building materials, showed similar declines from both prior periods. Stocks of commodities, after allowance for seasonal variations, w^ere higher than at the end of either the previous month or October, 1925. Prices paid to producers of farm products averaged lower than in September, due to a decline of 30 per cent in cotton prices. As compared with last year agricultural commodities were lower in prices. Wholesale prices were lower than in either the previous month or the same month of last year, while the cost 21310—26 2 of living, though showing no material change from the preceding month, was also lower than a year earlier. Factory employment showed slight gains over both the preceding month and a year ago, while pay-roll payments were substantially larger than at either period. Check payments, indicative of the general volume of trade, after adjustment for seasonal conditions, were lower than in either the preceding month or October, 1925. Retail trade was generally lower than last year, sales by mail-order houses and department stores showing the principal declines. However, as compared with September retail trade in October was higher. More goods moved into consumption, as seen from figures on carloadings, than in October, 1925. Stock prices averaged lower than in the preceding month and in the case of industrial issues were lower than last year. While interest rates on commercial loans averaged higher than in either the previous month or the same month of last year, rates on call loans declined. Business failures were more numerous than in either the previous month or the same month of 1925, with a similar comparison in the case of defaulted liabilities. 10 SUMMARY OF INDEXES OF BUSINESS PRODUCTION The output of raw materials was 13 per cent greater than in October, 1925, a decline of 15 per cent in the production of forest products being insufficient to offset increases in the output of minerals and the marketing of animal products and crops. Of the minerals, all were produced in larger quantities than a year ago except gold, which declined, while as compared with the preceding month, the production of all minerals was greater except in the case of iron ore and gold, which declined, and petroleum, which showed no change. Of the animal products, increased marketings over a year ago in the case of wool, poultry, fish, and milk were sufficient to give a general increase of 2 per cent despite declines in the marketings of cattle, sheep, hogs, and eggs. In the case of crops, marketings for each major group were larger than a year ago, the greatest relative increase occurring in the case of fruits. Lumber and pulp-wood products were lower than last year in output. Manufacturing output, after adjustment for differences in working time, showed no change from the pre- vious month but was almost 2 per cent higher than a year ago. As compared with the preceding month production increases were noted in foodstuffs, iron and steel, leather, paper, and printing, chemicals and oils, and tobacco, with declines in lumber, stone and clay products, nonferrous metals, and miscellaneous, including automobiles and rubber. Textiles showed no change from September. As compared with last year all the principal industries showed increases except lumber, nonferrous metals, and miscellaneous, including automobiles and rubber, which declined. COMMODITY STOCKS Stocks of commodities, after allowance for seasonal changes, were held in larger quantities at the end of October than at the end of either the previous month or October, 1925, this condition being more especially due to larger holdings of raw foodstuffs, although manufactured foodstuffs and other manufactured commodities were also held in larger quantities than a year earlier. RELATIVE PRODUCTION, STOCKS, AND UNFILLED ORDERS FOR MANUFACTURED COMMODITIES [1920 monthly average=100. Adjustment has been made for both stocks and production for their respective seasonal movements. Unfilled orders are principally those of iron, steel, and building materials. October, 1926, is latest month plotted] PRODUCTION 64 COMMODITIES SALES The index of unfilled orders of manufactured commodities, principally iron and steel and building materials, declined from both the previous month and the same month of last year, the decline from a year ago in iron and steel amounting to 19 per cent and in building materials to 13 per cent. As compared with September, iron and steel showed a decline of 8 per cent and building materials a decrease of 11 per cent. The dollar volume of wholesale trade was lower in October than in either the preceding month or October, 1925. Wholesale trade in drugs and hardware was higher than in September, while meats, dry goods, groceries, and shoes were lower. All groups declined from October, 1925. 11 Retail trade was generally less active than a year ago with mail-order sales and department-store trade showing a falling off from the level of October, 1925. Compared with September, retail trade was more active in October, however. PRICES Prices paid producers for agricultural products averaged lower in October than in either the preceding month or October, 1925. As compared with September, however, the decline in the general index of agricultural prices was alone due to a decline of 30 per cent in cotton, all other groups either remaining stationary or advancing. Contrasted with last year, agricultural commodities brought lower average prices except in the case of meat animals and other unclassified items of produce. Wholesale prices declined 1 per cent and 5 per cent, respectively, from the preceding month and October, 1925. All commodity groups showed a decline from both periods except fuels, which advanced over both prior periods, and food, metals, building materials, and house furnishings, which, although lower than last year, showed no change from September. Commercial indexes showed generally the same condition compared with the preceding month and October, 1925. The cost of living, though showing no appreciable change from September, was lower than last year,, food and shelter costs showing the principal declines from October, 1925. WHOLESALE PRICE COMPARISONS, BY GROUPS [October, 1926, is latest month plotted] 300 BUILDING MATERIALS 280 METALS AND METAL PRODUCTS 100 EMPLOYMENT The number of workers employed in factories continued to increase by 1 per cent over both the previous month and a year ago. Increased employment over September was shown in food products, textiles, tobacco products, paper and printing, and miscellaneous industries, only iron and steel and vehicles declining, as the other groups showed no change. Compared with a year ago, gains were made in iron and steel, paper and printing, chemicals, stone, clay and glass products and miscellaneous industries, the other groups declining. The paper and printing group reached the highest employment figures recorded. Pay-roll payments in October showed larger increases over both previous periods than did employment, all industries increasing over September except leather, which remained unchanged, while the same industries increased over last year in pay rolls as in employment, except leather. 12 REVIEW BY PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE TEXTILES Increased foreign wool receipts over September more than counterbalanced the seasonal decline in domestic receipts of wool at Boston, while compared with a year ago the decline was due to smaller foreign receipts, domestic receipts being larger. Consumption of wool by textile mills increased over September and was slightly larger than a year ago. Wool stocks at the end of September were about the same as a year ago, manufacturers holding less wool and dealers more. Wool machinery activity increased both over September and a year ago. Prices of wool increased slightly, while woolens were unchanged or lower. Ginnings of cotton through November 14 and receipts into sight for October were slightly larger than a year ago, the total crop being estimated at almost 2,300,000 bales above the 1925 crop. Imports of cotton were over twice as large as a year ago, but exports were slightly less. Consumption by textile mills declined slightly from September but increased over October, 1925. Cotton stocks were considerably higher than a year ago except in manufacturers' hands. Spindle activity was greater than in either September, 1926, or October, 1925. Cotton prices declined further. RAW COTTON CONSUMPTION IN COTTON GROWING AND ALL OTHER STATES October, 1926, is latest month plotted] 1920 I J92I F1922 The activity of cotton-finishing plants was greater than in both September and a year ago in production and shipments but less as to new orders, stocks, and unfilled orders. The production of cotton goods also increased over both periods, while exports, stocks, and unfilled orders declined. The production of fine goods in the New Bedford district declined from both periods, however. Prices of cotton goods declined. Silk deliveries and imports increased over both September and a year ago, while stocks increased over September 30, but declined from October 31, 1925. The price of silk declined. Sales of fur to garment makers were less than in September, but increased over a year ago. The production of fresh-water pearl buttons increased over both periods, stocks increasing over a month previous but declining from a year ago. SPINDLE ACTIVITY IN COTTON MILLS [October, 1926, is latest month plotted] "I 1921 IRON AND STEEL Although iron-ore receipts and shipments declined seasonally from September, they were about onethird greater than a year ago and about 10 per cent greater for the year to date. Stocks of ore were seasonally larger and about the same as a year ago. Consumption of ore and production of pig iron increased over both September and a year ago, the capacity of furnaces in blast at the end of the month showing a gain of 11 per cent over October 31, 1925. Pig-iron prices averaged higher than in September but less than a year ago. Steel ingot production increased over both September and a year ago, while unfilled orders of the United States Steel Corporation gained over September 30, but were 10 per cent less than on October 31, 1925. Bookings of steel castings increased over September, as did production, but declined from a year earlier. Production and stocks of sheets increased over September, while shipments, new orders, and unfilled orders declined. Compared with a year ago, all items declined except stocks. Steel barrel operations, including production, shipments, stocks, and unfilled orders, were all less than in September and, except for unfilled orders, less than in October of last year. Steel prices averaged about the same as in September, increasing in some cases. Structural-steel bookings were larger than in September but smaller than a year ago, while shipments were unchanged from September and also less than last October. Bookings for steel-plate fabrication declined slightly from September but gained over a year ago, oil-storage tanks showing large increases over both periods. Iron and steel exports declined 13 slightly from September but were considerably larger than in October, 1925. Machine-tool orders increased over September but declined from a year ago, while stoker sales declined from both periods. Vacuum-cleaner sales for the third quarter of the year declined, from the previous quarter but were higher than a year ago. AUTOMOBILES Automobile output, both passenger cars and trucks, was less than in September and in October, 1925, but Canadian truck output was much higher than a year ago. Exports from the United States also declined from both periods, while foreign assemblies of American cars increased. Shipments and exports of accessories and parts were less than in September, and also less than a year ago, except shipments of service parts. Lead prices declined. Babbitt metal consumption declined both from September and a year ago. Orders, shipments, stocks, and unfilled orders of enameled sanitary ware declined both from September and a year ago, except that stocks were generally higher than last year and also higher than at the end of September for baths. The proportion of furnaces operating on household kitchen ware was higher than in either September or a year ago. Revised data on orders for electrical goods are as follows: RELATIVE PRODUCTION AND STOCKS OF ZINC [1913 monthly average=100. October, 1926, is latest month plotted] NONFERROUS METALS Copper output of mines and smelters was higher in October than in either the previous month or October, 1925. Domestic shipments of refined copper, however, declined from both periods. Exports were less than in September but larger than a year ago. Stocks of refined copper declined, while blister stocks increased in comparison with both periods. The price of copper averaged less than in September. COPPER PRODUCTION AND EXPORTS ORDERS FOR ELECTRICAL GOODS 1 [October, 1926, is latest month plotted] 1922 First quarter .. Second quarter Third quarter, Fourth quarter Total 1923 1924 1925 1926 $115,793,257 $178, 739, 186 $178, 620, 061 $183, 567, 879 $203,882,865 130, 012, 516 193, 290, 931 177, 148, 514 176, 339, 363 189.641,941 133, 686, 958 161, 464, 344 146, 473, 892 180, 761, 007 184, 106, 760 152, 960, 323 170, 566, 740 183, 140, 421 183, 362, 538 532, 453, 054 704, 061, 201 685, 382, 888 724, 030, 787 1 Compiled by the U. S. Department of Commerce, Bureau of the Cemus, from reports of 10 of the principal manufacturers of electrical goods. Tin deliveries were larger than in September but less than a year ago, while stocks were much less than in either period in the United States, though world stocks were higher than on September 30. The price of tin averaged higher than in September. Zinc production and stocks both increased over September and a year ago, stocks doubling those held on October 31, 1925. The same number of retorts were in operation as at the end of September, but less than a year ago. Zinc prices declined slightly. Lead production and lead ore shipments both increased over the previous month and a year ago. New orders for electric hoists declined from September and from a year ago, shipments being slightly less than in September but greater than in October, 1925. Reports from the National Electrical Manufacturers* Association show sales of 145,161 industrial reflectors; in September compared with 133,813 in August and 113,716 in July. FUELS Bituminous coal output was stimulated to a high level in October by the export demand, the 10-month total showing a gain of 10 per cent over last year in production and 78 per cent in exports. Anthracite output and exports were also higher than in September. Bituminous coal prices increased, especially at the mine, while anthracite prices remained stable. BEEHIVE AND BY-PRODUCT COKE PRODUCTION HIDES AND LEATHER The output of shoes in October showed little change from either the previous month or a year ago, while exports declined from both periods. Shoe prices were unchanged from September. Leather belting sales declined from both periods. Hide and leather prices showed little change from September, but were lower than a year ago. [October, 1926, is latest month plotted.] RUBBER 1922 1923 1924 1925 Consumption of rubber for both the third quarter and the nine-month total declined from a year ago. Stocks on September 30 declined from June but were much larger than a year ago. The price of rubber declined. Production and shipments of pneumatic tires and tubes declined from September, while stocks increased, all items increasing for solid tires. Compared with a year ago, production and shipments declined while stocks increased on all kinds of tires, except that production of pneumatics increased. 1926 STOCKS OF COAL l ESTIMATED BITUMINOUS IN UNITED STATES RETAIL ANTHRACITE (474 DEALERS) YEAR AND MONTH Short tons 1919: Jan. 1 Apr. 1 1930: Mar. 1 June 1 1991: Jan. 1 Apr. 1 Aug. 1 Nov. 1 1922: Jan. 1 Mar. 1 Apr 1 Sept. 1 Oct 1 Nov.l 1923: Jan 1 Feb. 1 Mar. 1 June 1 July 1 Aug. 1 Sept. 1 Oct 1 1924: Jan. 1 June 1 Sept. 1 1925: Mar 1 June 1 Sept. 1 Nov. 1 1926: Jan 1 Feb. 1 Apr. 1__ May 1 July 1 Aug. 1 Oct. 1 . __ Days' supply 2 Short tons Days' supply 2 36 31 57, 900, 000 40 400, 000 42 31 24, 000, 000 20,000,000 18 15 21 15 45, 800, 000 39, 500, 000 41, 000, 000 48, 500, 000 39 36 39 43 24 36 50 47 48, 000, 000 52, 500, 000 3 63, 000, 000 22, 000, 000 26, 000, 000 32, 000, 000 41 43 44 28 17 21 23 5 7 11 5 () 930, 629 1, 369, 587 454, 334 36, 000, 000 38, 000, 000 36, 000, 000 42, 000, 000 46, 000, 000 52, 000, 000 56, 000, 000 60, 000, 000 26 24 22 30 37 44 46 45 648, 082 11 8 6 19 25 25 21 22 62, 000, 000 51, 000. 000 47, 000, 000 46 49 45 1, 307, 830 37 49 58 44, 000, 000 38, 000, 000 43, 000, 000 48, 000, 000 37 32 82 35 1, 486, 010 788, 982 46 52 53 27 * 49, 000, 000 44 45, 000, 000 40, 000, 000 *4 36, 000, 000 39, 000, 000 < 41, 000, 000 4 44, 000, 000 30 28 26 31 34 33 35 637, 080 11 30 1, 046, 743 1, 181, 303 1, 245, 111 40 43 46 650, 762 1 Compiled by the II. S. Department of Commerce, Bureau of Mines, based on2 reports from concerns bearing a known relation to total stocks. At current rate of consumption. 3 Estimated. 4 Subject to revision. fi No canvass made at this date. Beehive coke output declined from both September and a year ago, while by-product ovens made increases over both periods, as did coke exports. The price of furnace coke showed a large gain over September. PAPER AND PRINTING Newsprint paper output increased over September and over a year ago in both the United States and Canada, and shipments show similar comparisons. Stocks at mills declined from both periods, except Canadian stocks which increased over September 30. The price of newsprint remained unchanged. NEWSPRINT PAPER PRODUCTION AND MILL STOCK [October, 1926, is latest month plotted] New orders for sales books declined from both previous periods while shipments increased. Book paper production, shipments, orders, and unfilled orders increased over both periods, except that unfilled orders for coated paper declined from September. The production of paperboard shipping boxes increased both over September and a year ago. Orders for labels were larger than in September but less than in October of last year. 15 PRODUCTION OF WOOD PULP' 1935 1924 PROCESS Short tons Wood pulp produced, including screenings, total Mechanical Sulphite Soda Sulphate _ Per cent of increase or deer ease (—) 3 962 21 7 3, 723, 266 6.4 1, 629, 689 1, 447, 191 472, 647 412, 690 1, 643, 283 1, 336, 551 440, 697 302, 735 -.8 8.3 7.2 36.3 1 Compiled by U. S. Department of Commerce, Bureau of the Census, in connection with the annual inquiry on this subject. Pulpwood consumed in 1925 aggregated 6,093,821 cords, compared with 5,768,082 cords in 1924. BUILDING AND HOUSING While building material prices averaged lower on October 1 than a month previous, the building construction index numbers for October were unchanged or slightly higher. Building contracts awarded in October declined both from September and a year ago in floor space and value, although 'in some classes, especially in public works and utilities, gains were made. Fire losses declined from both periods. ORDERS FOR ENAMELED BATHS AND CONTRACTS AWARDED FOR RESIDENTIAL CONSTRUCTION IN 27 NORTHEASTERN STATES [October, 1926, latest month plotted] Production, new orders, and stocks of barrel headings declined from September, while shipments and unfilled orders increased. STONE, CLAY AND GLASS PRODUCTS Face brick shipments increased over both the previous month and a year ago, while producton and unfilled orders declined. Stocks were less than in September but greater than a year ago. Paving brick activity declined from September, and except for new orders and unfilled orders, these data were also lower than a year ago. Vitreous china plumbing fixtures had smaller orders, shipments, and unfilled orders than in September, but higher stocks, while, compared with a year ago, all items except new orders increased. SAND-LIME BRICK l MONTH (1926) April May June July August September October Number firms reporting 4 14 14 14 14 17 14 Production Shipments Shipments by truck by rail Stocks, end of month Unfilled orders, end of month Thousands of brick 3,930 16, 101 17, 940 20, 819 17, 435 15, 626 15, 218 3,237 4,984 9,465 5,649 7,690 6,663 4,804 1,211 12, 151 8,302 10, 996 9,870 9,094 11, 242 2,795 7,311 6,855 7,613 8,770 9,877 8,313 5, 300 20, 695 23. 446 18, 526 24, 200 18, 651 18, 225 1 Compiled by Rock Products and believed to represent about one-half of the 'production of sand-lime brick in the United States and Canada. LUMBER PRODUCTS Lumber production was generally higher than in September, southern pine being the outstanding exception, while compared with a year ago production of northern pine alone was greater among the softwoods but hardwoods increased their output. Shipments of softwoods generally declined from both periods, while hardwood shipments increased. Softwood prices were slightly higher than in September and hardwoods fractionally lower. In spite of increased exports of southern pine lumber, total lumber exports declined both from September and a year ago. Production shipments, new orders, and unfilled orders for both maple and oak flooring declined from September, and also from a year ago for oak flooring, maple flooring increasing except in new orders. Stocks of both species increased over the two comparative periods. Furniture shipments increased slightly over both the previous month and a year ago, while unfilled orders declined. New orders booked for architectural terra cotta made considerable increases over September and also over October, 1925. Cement production, shipments, and stocks were all higher than a year ago and seasonally lower than in September, except production. Prices were unchanged. A seasonal decline was noted in the letting of concrete-highway contracts, but these increased over October, 1925. CEMENT PRODUCTION AND STOCKS [October, 1926, is latest month plotted] The output of polished plate glass was less than in September but greater than a year ago, the 10-month total showing a gain of 14 per cent. 16 CHEMICALS AND OILS Price index numbers of crude drugs and Pharmaceuticals increased over September, while essential oils and oils and fats declined and chemicals remained unchanged. Compared with a year ago crude drugs and chemicals increased, while the other groups declined. Consumption of fertilizer in the Southern States was slightly larger than a year ago, declining seasonally from September. Sulphuric acid and fertilizer exports declined from both periods. WHOLESALE PRICES OF CHEMICALS, BY GROUIS [October, 1926, is latest month plotted] Receipts of turpentine and rosin declined seasonally from September but increased over a year ago. Stocks of turpentine declined from September and increased over a year ago, while rosin stocks made the reverse comparison. Prices of both products declined. Cottonseed stocks on October 31 were less than a year ago, but production and stocks of cottonseed oil increased. The price of cottonseed oil declined from September and from October, 1925. Oleomargarine consumption declined from a year ago. Flaxseed receipts, shipments and stocks were all much higher than in September but, except for receipts, lower than a year ago. Linseed oil shipments from Minneapolis declined from both periods. CEREALS The visible wheat supply at the end of October was much larger than a year ago in the United States and slightly larger in Canada. Receipts were larger than last year and shipments slightly less. Exports of wheat and flour were much larger than a year ago. Wheat and flour prices averaged higher than in September but lower than a year ago. STOCKS OF WHEAT AND WHEAT FLOUR HELD BY MILLS x r Wheat (in bushels) DATE Methanol production and stocks declined both from September and a year ago, while in Canada production increased, stocks declining from the previous month and increasing over October, 1925. Exports of both acetate of lime and methanol declined from September and increased over a year ago. PRODUCTION OF PAINTS AND VARNISHES J Ready-mixed Varnishes, Paste paints and semi- japans, and paste paints lacquers YEAR Thousands of pounds First half Total 1926 209, 023 1925 Second half First half Total Second half First half 1 48, 218 465, 285 99,709 82, 017 224, 228 241, 057 47, 260 52, 449 40, 622 41, 395 487, 611 88, 274 70, 450 233,867 253, 744 43, 152 45, 122 34, 301 36, 149 439, 175 82, 070 70, 731 192, 021 247, 154 38, 351 43, 719 32,849 37, 882 436, 295 66, 071 55, 709 227, 703 208, 592 33, 440 32, 631 28,877 26,832 1923 Second half First half Total _. 45,402 1924 Second half First half Total Thousands of gallons 1922 Compiled by the U. s. Department of Commerce, Bureau of the Census, from reports of 549 establishments. Data for 32 establishments, reporting in 1925 but not in 1926, are included, these data representing between 1 and 5 per cent of the various totals for the second half of 1925. June 30, 1925- _ _ Dec. 31, 1925.-. Mar. 31, 1926 June 30, 1926... Sept. 30, 1926 . . . 32, 313, 691 103, 108, 573 64,639 284 35, 834, 316 124, 773, 240 Wheat flour (in barrels) 3, 346, 913 4, 584, 411 3,888 377 3, 121, 724 4, 217, 165 1 Compiled by the U. S. Department of Commerce, Bureau of the Census, from reports of companies operating about 1,000 mills representing about 88 per cent of the total wheat flour output, according to the census of manufactures, 1923. These stocks include all wheat and flour held by mills, whether in mills, elevators, or in transit. Details for wheat stocks by class of elevator, etc., are shown in press releases. Receipts, shipments, and stocks of corn were all much larger than a year ago, while grindings and exports were slightly larger. Corn prices declined both from September and a year ago. Receipts, exports and stocks of oats and barley were less than a year ago, while for rye these items were higher, except receipts. Prices of these grains increased over both September of this year and October of last year, except oats, which declined from last year. Receipts of rough rice and shipments and stocks of cleaned rice at the mills were much larger than a year ago. Carlot shipments of potatoes, onions, apples, and citrus fruits were all larger than a year ago, the latter showing a gain of 71 per cent. Cold-storage holdings of apples were less than a year ago and hay receipts also declined. MEATS AND DAIRY PRODUCTS Cattle movement and slaughter increased seasonally over September but declined from October, 1925. Storage holdings of beef gained over both periods, 17 while exports declined. Prices of cattle and steer rounds averaged less than in September while carcass beef rose. Hog movement and slaughter also made seasonal increases over September but declined from a year ago, except shipments, especially stockers and feeders. Pork products in storage were less than on September 30 but greater than a year ago. Exports of pork products and lard production declined from both previous periods. Hog prices averaged higher than in September, while smoked hams and lard declined. Sheep movement and slaughter declined from September, except stocker and feeder shipments, while slaughter alone increased over a year ago. Storage holdings increased over both periods. Prices of sheep were about the same as in September. Poultry receipts and storage holdings increased over both the previous month and a year ago, as did storage holdings of fish. Butter receipts declined from both periods, while storage holdings, declining seasonally, were higher than on October, 1925. Cheese receipts increased over September but declined from a year ago and storage holdings declined from both periods. INSPECTED SLAUGHTER OF CATTLE, CALVES, SHEEP, AND HOGS [October, 1926, is latest month plotted] ceipts and exports in Cuba were each over 50 per cent higher than last year, but stocks were 15 per cent lower. RAW CANE SUGAR: TOTAL IMPORTS, MELTINGS, AND REFINERY STOCKS [October, 1926, is latest month plotted] Coffee stocks were 54 per cent above last year in the United States but the world supply was less. Brazilian receipts and clearances were also less than a year ago. TOBACCO Consumption of cigars was larger than in September, while other tobacco products showed a slight decline. Compared with a year ago, cigarettes alone showed increased consumption. Stocks of tobacco held on September 30 were slightly larger than a year ago, and exports of both cigarettes and unmanufactured tobacco were greater than in October, 1925. TRANSPORTATION Cargo carried through both the Sault Ste. Marie and the New York State canals, and on the Ohio and Monongahela Rivers, was in greater volume than a year ago, while declines occurred on the Allegheny River and through the Welland and St. Lawrence Canals. Vessel clearances in foreign trade were greater than a year ago, although American vessels SURPLUS, SHORTAGE, AND BAD-ORDER FREIGHT CARS [October, 1926, is latest month plotted] Eggs made the usual declines in receipts and storage holdings from September, and both were less than a year ago. SUGAR AND COFFEE Meltings of raw sugar increased over September and were considerably larger than a year ago. Stocks of raw sugar declined, in accordance with seasonal conditions, but were over twice as high as a year ago. Prices were higher than in September in all positions and also increased materially over a year ago. Re21310—26 3 showed a slight decline. Shipbuilding increased over September but was less than a year ago. The surplus of idle freight cars was reduced in October and shortage increased, in accordance with seasonal conditions. Both shortage and surplus were less than a year ago, however. Carloadings of freight were at a high level, exceeding last year's totals for October in all groups except livestock. Grain, coal and coke, and ore showed the principal gains over a year ago. Fewer locomotives and freight cars were in bad order than a month or a year ago. The number of locomotives being built in railroad shops was less than on September 30, though more than double the number building a year ago. Shipments of locomotives from manufacturing plants increased considerably over both periods, while unfilled orders declined. declined from the previous month but were higher than a year earlier with investments showing a similar condition. Net demand deposits held by member banks were lower than in either the previous month or October, 1925 BILLS DISCOUNTED AND TOTAL INVESTMENTS OF FEDERAL RESERVE BANKS [October, 1926, is latest month plotted] DISTRIBUTION Sales by 10-cent chains and mail-order houses were larger than in September, with 10-cent store business showing increased volume also compared with a year ago. Department-store trade was also more active in October than in the previous month but less than in October, 1925. Newspaper advertising was heavier than in either the preceding month or October a year earlier, while postal receipts at the principal cities also recorded advances over both comparative periods. SALES BY MAIL-OKDER HOUSES AND 10-CENT CHAIN STORES [October, 1926, is latest month plotted] BANKING AND FINANCE Debits to individual accounts both in and out of New York City were larger than in September but compared with a year ago each declined. Bills discounted by Federal reserve banks were* lower than at the end of September but still above a year ago. Investments of reserve banks, however, showed an increase over the previous month and a decline from a year ago. Total reserves increased compared with both periods w^hile the reserve ratio made similar comparisons. Loans and discounts of member banks The gross debt of the Federal Government was still further reduced during October, the reduction from a year ago amounting to almost 5 per cent.. Customs receipts were larger in October than in either the preceding month or a year ago. Ordinary receipts were smaller than in either the previous month or October, 1925, while expenditures chargeable to ordinary receipts showed increases over both periods. For the year to date, however, receipts increased more than 7 per cent with practically no advance in expenditures, with receipts showing an excess of over $300,000,000. The per capita circulation of money held outside of the United States Treasury and the Federal reserve system increased over the previous month but was smaller than a year ago. New life-insurance business, measured in value, although larger than in September, was lower than a year ago, the decline from last year being due to smaller industrial business, as both ordinary and group made advances. Prices for stocks, both industrial and railroad, declined from September and in the case of industrial issues were lower than a year ago. Sales of stocks on the New York Stock Exchange, although larger than in September, were smaller than a year ago. Bond prices on the whole showed practically no change from September but were higher than in October, 1925. Bond sales on the exchange were larger in volume than in the previous month but smaller than a year ago. Loans to brokers and dealers by Federal reserve member banks in New York City continued to decline and at the end of October were at the midsummer level. Interest rates on call loans averaged lower than in either the previous month or October a year ago, while time money rates were higher than in either comparative period. Dividend and interest payments scheduled for November were 7 per cent larger than a year earlier with the greatest relative increase occur- 19 ring in the case of dividends of street-railway companies. Business failures were more numerous in October than in either the previous month or October, 1925. Defaulted liabilities of failing firms showed similar comparisons. For the year to date, however, a decline of 11 per cent in liabilities may be contrasted with an increase of 1 per cent in the number of failing firms. As compared with last year most currencies were either lower or stationary, exceptions occurring in the British pound, Italian lira, and Japanese yen. IMPORTS AND EXPORTS OF MERCHANDISE [October, 1926, is latest month plotted] NUMBER OF BUSINESS FAILURES AND DEFAULTED LIABILITIES [October, 1926, is latest month plotted] CENSUS OF MANUFACTURES, 1925 GOLD AND SILVER Receipts of gold at the mint were smaller than in either the previous month or a year ago. The Rand output, however, increased over both periods. Both imports and exports of gold were smaller than in either the preceding month or October, 1925, with the calendar year to date showing an import balance as against an export balance for the same period of 1925. The production of silver was larger than in either September or a year ago, while the price continued to decline. GOLD TRADE BALANCE: SHOWING EXCESS OF IMPORTS OR EXPORTS The Bureau of the Census has announced preliminary reports from additional manufacturing industries, collected pursuant to the census of manufactures for the year 1925. The following table summarizes some important data made available since the publication of the previous issue of the SURVEY, earlier figures having been presented in each issue beginning with July, 1926. Further compilations will appear in the future issues as the data relating thereto are completed. Statistics in greater detail for each industry may be obtained from the bureau's preliminary statements on the respective industries. ADDITIONAL PRELIMINARY RETURNS, CENSUS OF MANUFACTURES, 1925 VALUE OF PRODUCTS INDUSTRY 1925 1923 [October, 1926, is latest month plotted] Thousands of dollars 1920 ] 1921 I 1922 | 1923 | 1924 | 1925 | 1926 FOREIGN EXCHANGE AND TRADE Exchange on the principal countries either advanced or remained stationary compared with September, except the Netherlands, Sweden, India and Brazil, the greatest relative gain occurring in the Italian lira and the largest relative decline in the Brazilian milreis. Beverages, carbonated fruit and cereal 236, 027 228, 730 Cane sugar manufacture 13, 435 27, 181 Caskets, coffins, burial cases, and morticians' goods . 70, 399 65, 558 C ombs and hairpins . 5,252 8,770 Druggusts' preparations and patent medicines and compounds 319, 559 308, 854 Ethyl alcohol 57, 706 33, 000 Feathers and plumes 4,057 7,866 Flavoring extracts, flavoring sirups and bitters 94, 842 74, 153 Fur felt hats 79, 762 75, 253 Furniture 868, 146 776, 495 Hair work 6,090 11, 264 Hat and cap materials 22,049 20, 508 Jewelry and instrument cases. 10, 114 10,506 Motor vehicles, bodies and parts 1,511,976 1, 013, 112 Musical instruments 101, 181 111, 159 Phonographs 61, 057 107, 311 Rag carpets and rugs 5,710 6,097 Rice cleaning and polishing 52, 166 47, 068 Rubber goods, other than tires and tubes and boots and shoes 214, 426 182, 584 Toys, games and playground equipment.. 56, 066 57, 951 Wood preserving 91, 184 71, 083 i A minus sign (—) denotes decrease. PERSONS EMPLOYED Per cent incent in- crease crease ' over 1923 i Per Per cent minimum month is of maximum month 1925 1923 3.2 -50.6 -7.5 -26.7 62.4 3.0 64.9 3.1 7.4 -40.1 -1.0 -39.5 95.0 58.2 94.6 82.9 3.5 74.9 -48.4 31.4 -50.4 73.3 76.5 67.4 78.8 27.91 6.0 11.8 -45. 9 1 7.51 -3.7 8.5 -9.7 7.6 -34.4 -7.7 -7.7 76.4 94.2 87.9 88.4 95.5 82.0 80.7 88.2 97.1 90.1 90.6 77.6 49.2 -9.0 -43. ll -6.4 10.8 38.8 -9.6 -45.0 -6.9 -28.3 74.6 85.6 54.2 85.8 16.7 84.3 88.1 79.1 90.6 32.6 17.4! 0.0 89.4 86.8 3.4 28.3 o oo — o. 65.1 85.0 62.4 68.8 29.1 20 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 9. PER CENT INCREASE (+) OR DECREASE (— ) 1926 1925 Maximum since Jan. 1, 1920 Minimum since Jan. 1, 1920 ISO 73 116 151 158 163 216 141 122 273 150 191 142 131 145 62 105 41 0 0 17 78 38 57 80 151 214 116 121 217 135 164 122 89 126 133 208 121 1 187 134 157 125 80 103 138 253 143 177 153 245 390 185 190 80 19 58 64 54 30 21 45 94 107 115 109 68 91 88 88 155 143 246 242 254 405 346 170 49 43 58 50 12 19 136 137 164 267 149 135 137 129 130 151 166 115 127 200 174 195 137 157 SepAugust tember October October, 1926, from September, - 1926 October, 1926, from October, 1925 122 148 179 + 20.9 + 13.3 140 206 137 1 178 140 188 124 130 98 156 211 119 112 272 143 174 137 99 112 156 207 126 115 245 142 167 137 113 103 163 207 141 118 238 150 191 141 110 106 + 4.5 0.0 + 11.9 + 2. 6 2.9 + 5. 6 + 14.4 + 2. 9 -2.7 + 2.9 + 16.4 + 0. 5 + 2.9 + 33.7 + 7.1 + 1.6 + 13.7 -15.4 + 8.2 105 42 105 73 116 78 95 162 141 115 33 136 91 141 60 139 122 138 111 133 97 75 100 91 117 185 148 111 48 117 75 145 79 124 141 143 117 39 130 87 136 59 157 137 145 + 5.4 -18.8 + 11. 1 + 16. 0 6.2 -25. 3 + 26.6 -2.8 + 1.4 + 1.7 + 18.2 -4.4 -4.4 -3. 5 -1.7 + 12.9 + 12. 3 + 5.1 106 138 105 152 75 56 191 156 199 332 234 110 196 106 234 274 310 114 114 169 102 240 48 43 172 133 180 327 213 95 232 135 250 399 346 137 + 34. 9 + 1.5 + 38.9 + 22. 0 + 62.4 + 44.2 + 18.4 + 27.4 + 6. 8 + 45. 6 + 11. 6 + 20. 2 61 59 51 20 24 132 135 71 231 93 131 132 85 216 93 136 137 119 178 94 117 117 62 258 92 120 120 81 222 91 117 117 89 209 102 -2.5 -2. 5 + 9.9 -5. 9 + 12. 1 -14. 6 -14. 6 -25. 2 + 17. 4 + 8. 5 71 68 77 54 32 57 63 69 92 69 71 70 37 122 122 122 122 132 137 113 108 130 166 96 118 188 158 193 132 148 135 135 119 97 135 147 90 122 176 172 175 132 157 134 134 112 110 133 151 94 119 178 165 180 133 147 134 134 113 110 139 146 97 125 200 162 178 137 134 0.0 0.0 + 0.9 0.0 + 4.5 -3. 3 + 3.2 + 5.0 + 12. 4 -1.8 -1. 1 + 3. 0 -8.8 + 1.5 -2.2 0.0 + 1.9 + 2. 3 -6.0 + 1.0 + 5.9 + 6.4 + 2. 5 -7.8 + 3.8 -9. 5 SepAugust tember October PRODUCTION (Relative to 1919 monthly average as 100) RAW MATERIALS Grand total MINERALS Total Petroleum Bituminous coal Anthracite coal Iron ore* CoDDer Lead Zinc Gold Silver _ _ ANIMAL PRODUCTS (marketings) Total Wool* Cattle and calves Hogs . Sheep Eggs* - __ Poultry* Fish Milk (New York) 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 _ __ 110 91 116 160 90 106 171 157 186 120 118 * Fluctuations between maximum and minimum due largely to seasonal conditions. 109 97 118 158 89 106 173 151 183 123 118 21 INDEXES OF BUSINESS—Continued Maximum since Jan. 1, 1920 1925 Minimum since Jan. 1, 1920 SepAugust tember PER CENT INCREASE (+) OR DECREASE (— ) 1926 October SepAugust tember October October, 1926, from September, 1925 October, 1926, from October, 1925 STOCKS (Relative to 1919 monthly average as 100) (Corrected for seasonal variation) Total _ _ Raw foodstuffs Raw materials for manufacture Manufactured foodstuffs Manufactured commodities (Unadjusted index) Total - . Raw foodstuffs Raw materials for manufacture Manufactured foodstuffs Manufactured commodities UNFILLED ORDERS 184 310 189 121 185 91 73 89 58 86 142 158 119 78 185 148 160 155 79 180 131 113 144 73 176 184 310 127 88 177 172 256 130 88 183 174 263 143 83 181 + 1.2 + 32.8 + 2.7 + 132.7 + 10. 0 -0.7 + 13. 7 -5. 7 -1. 1 + 2.8 171 250 202 115 179 84 70 68 56 88 124 118 88 91 173 139 133 153 87 171 141 121 194 77 172 146 191 89 100 170 150 188 123 94 172 171 222 191 85 175 + 14.0 + 18. 1 + 55.3 9. 6 + 1.7 + 21.3 + 83. 5 -1.5 + 10. 4 + 1.7 116 112 153 40 32 25 52 36 121 52 38 109 53 43 94 49 36 99 49 38 92 44 35 82 -10. 2 -7.9 10. 9 17. 0 -18. 6 -12. 8 126 129 136 135 133 150 1 89 60 59 43 62 88 58 i 46 87 98 65 83 108 106 79 94 109 72 92 120 112 82 101 122 77 99 133 118 87 87' 98 73 82 115 102 81 97 111 84 92 124 113 86 94 114 76 91 133 102 85 -3. 1 + 2.7 9. 5 -1. 1 + 7. 3 9. 7 1. 2 170 49 89 114 170 98 120 150 + 25. 0 427 214 332 225 212 282 188 84 55 119 109 106 109 72 195 128 243 171 142 202 120 191 136 245 169 142 202 129 237 141 318 179 151 215 164 204 121 295 193 148 194 122 211 138 303 192 153 218 142 257 151 329 209 162 227 158 + 21. 8 + 9. 4 + 8.6 + 8.9 + 5.9 + 4. 1 + 11. 3 + 8.4 + 7.1 + 3.5 + 16.8 + 7.3 + 5. 6 -3.7 226 154 80 100 98 131 122 143 165 149 105 130 131 142 158 153 + 20. 6 4. 2 + 2.7 90 90 87 85 93 93 99 91 99 96 90 91 90 91 92 87 86 94 95 100 97 100 96 92 92 90 92 95 90 88 94 95 102 98 101 98 95 95 89 91 90 82 92 92 92 102 95 103 95 81 91 95 92 92 84 93 92 94 104 100 104 96 85 91 96 93 94 86 92 92 94 105 100 102 96 87 89 98 + 11 (Relative to 1920 monthly average as 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) Drugs (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 _. ._ Metal products other than iron and steelTobacco products Vehicles Miscellaneous i Since Jan. 1,1921. 2 2 2 2 2 2 2 2 2 2 2 2 2 102 107 103 104 103 105 105 105 105 107 108 103 107 2 2 2 2 2 2 2 2 2 2 2 2 2 85 86 81 79 92 83 93 84 90 66 84 75 80 * Since July 1, 1922 + 7.7 + 2. 2 + 2.4 -1. 1 0. 0 0.0 + 1.0 0.0 — 1. 9 0.0 + 2.4 -2. 2 + 2. 1 6 9 + 11. 8 -1. 3 -8. 1 0.0 -13. 6 -2.3 11 8 + 1.1 1. 1 -4. 4 + 4.5 -2. 1 -1. 1 + 2.9 + 2.0 + 1.0 -2.0 -8.4 -6.3 + 10. 1 22 INDEXES OF BUSINESS—Continued 1925 Maximum since Jan. 1, 1920 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 and printing Chemicals Stone, clay, and glass __ _ Metal products other than iron and steelTobacco products Vehicles Miscellaneous. _ PRICE INDEX NUMBERS FARM PRICES (Relative to 1909-1914 average as 100) All groups Grain Fruits and vegetables Meat animals _ _ Dairy and poultry Cotton and cottonseed Unclassified WHOLESALE PRICES Department of Labor Indexes (Relative to 1913) All commodities Farm products Food, etc Cloths and clothing Fuels. _ _ _ _ _ _ Metals and metal products Building materials Chemicals __ _ House-furnishing goods _ Miscellaneous _ _ _ 2 105 2107 2 106 2 108 2 106 2 108 2 114 2 106 2 112 Minimum since Jan. 1, 1920 PER CENT INCREASE (+) OR DECREASE (— ) 1926 SepAugust tember October SepAugust tember October October, 1926, from September, 1926 October, 1926, from October, 1925 22 112 107 2 112 274 85 272 2 62 2 84 2 78 2 88 2 85 2 84 22 7 0 83 2 60 2 72 91 93 87 87 97 94 102 94 105 98 92 90 93 90 93 83 85 100 91 103 96 103 93 92 91 91 96 98 90 92 102 92 108 100 109 99 99 100 93 95 94 81 95 100 94 109 99 111 94 84 95 100 95 96 83 96 100 94 111 103 108 94 89 91 99 99 98 88 99 102 94 114 105 111 98 93 94 105 235 283 373 186 215 304 180 110 88 108 91 122 76 74 152 157 178 149 139 186 96 144 148 142 143 141 178 90 143 135 152 141 154 171 90 133 128 166 144 130 130 89 134 121 136 148 139 134 93 130 123 136 148 144 94 97 -3.0 + 1.7 0.0 0.0 + 3.6 -29.9 + 4.3 -9.1 -8.9 -10. 5 + 5.0 -6.5 -45.0 + 7.8 248 243 248 346 281 203 300 213 275 208 138 114 131 171 162 109 155 121 160 111 100 163 159 190 170 127 172 135 169 138 160 160 160 189 169 127 174 136 168 135 158 155 158 190 172 128 174 135 168 138 149 138 151 175 180 127 172 131 161 122 151 141 152 175 182 127 172 131 160 120 150 139 152 172 184 127 172 129 160 119 -0. 7 -1. 4 0.0 -1.7 + 1.1 0.0 0.0 -1.5 0.0 -0.8 -5.1 -10.3 -3.8 -9.5 + 7.0 -0.8 -1. 1 -4.4 -4.8 -13.8 218 227 134 115 162 153 161 154 163 155 153 138 155 139 155 138 0.0 -0.7 -4.9 -11.0 205 219 186 288 3 179 208 123 192 155 139 143 153 3 156 174 118 171 169 160 179 175 158 177 121 175 168 159 178 176 161 181 121 174 170 162 178 176 162 183 121 174 165 156 175 173 160 180 121 173 167 159 175 174 161 182 121 173 167 160 174 173 163 185 121 174 0.0 + 0.6 -0. 6 -0. 6 + 1.2 + 1.6 0.0 + 0. 6 -1.8 -1.2 -2.2 -1.7 + 0.6 + 1.1 0.0 0.0 2 110 2 +4.2 + 2.1 + 6.0 + 3. 1 + 2.0 0.0 + 2.7 + 1.9 + 2.8 +4.3 +4.5 + 3.3 + 6.1 + 3.1 0.0 -2.2 + 7.6 0.0 + 2.2 + 5.6 + 5.0 + 1.8 -1.0 -6. 1 -6.0 + 12.9 Commercial Indexes (Relative to 1913) Dun's (1st of following month) Bradstreet's (1st of following month) COST OF LIVING National Industrial Conference Board Indexes (Relative to July, 1914) All items weighted Food (Dept. Labor) Shelter _. Clothing. _ ... Fuel and light Fuel Light Sundries ' Since July 1,1922. » Since Jan. 1,1923. 23 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, 1926), in which monthly figures for 1925 and 1926 may be found, together with explanations as to the sources 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. 1926 The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" PER CENT INCREASE (+) OR DECREASE ( — ) 1925 September October September October from Sept., 1926 Oct., 1926, from Oct., 1925 Oct., June July August 1926, Perct CUMULATIVE TOTAL inFROM JANUARY 1 crease THROUGH OCTO( } BER 31 or tdecrease (-) cumulative 1925 1926 1926 from 1925 TEXTILES Wool Receipts at Boston: Total thous. of lbs__ 30, 224 Domestic thous. oflbs 22, 631 Foreign - . thous. of lbs_. 7,593 Imports: In condition imported _. thous. of Ibs. _ 13,395 . Grease equivalent thous. of Ibs. . 13, 653 Consumption by textile mills, grease equivalent thous. of Ibs 38, 249 Stocks, grease equivalent: Total thous. of lbs_. 1 397, 446 Held by manufacturers __ _ .thous. of Ibs _ i 165 776 Held by dealers thous. oflbs.. 1 23 1, 670 Machinery activity, hourly: LoomsWide per ct. of hours active 57 Narrow per ct. of hours active.. 57 Carpet and rug.per ct. of hours active. . 58 Sets of cards per ct. of hours active.. 75 Combs per ct. of hours active 68 Spinning spindlesWoolen per ct. of hours active. . 71 Worsted per ct. of hours active. _ 59 Prices: Raw, Ohio and Pa. fleeces, 24 blood, combing, grease-.-dolls. per lb__ .42 Raw, territory fine, scoured.. dolls, per lb__ 1.10 Worsted yarn .__ dolls, per lb_. 1.40 Women's dress goods, French serge. dolls, per yd.. .73 Men's suitings dolls, per yd.. 3.29 50, 675 45, 162 5,513 28,035 23, 611 4,424 13, 018 8,511 4,507 13, 336 6,921 6,415 20, 403 7,453 12,950 17,406 5,885 11, 521 +2.4 -18.7 +42.3 -23.4 +17.6 -44.3 271, 132 119, 406 151, 726 316, 883 150, 921 165, 962 +16.9 +26.4 +9.4 12, 545 13, 958 15, 305 19, 200 13, 997 18, 998 19, 264 24, 499 18, 948 23, 670 23, 920 29, 941 +37.6 +29.0 -19.5 -18.2 290, 905 353, 026 259, 703 306, 790 -10.7 -13.1 38, 236 40, 859 45, 770 49, 072 44, 383 47,327 +7.2 +3.7 438, 052 414, 386 -5.4 -5.5 -2.3 -7.7 +0.7 -11.3 +12.2 10, 406 251, 980 10, 228 281, 195 -1.7 +11.6 6, 341. 316 5,310,254 6, 029, 866 5, 497, 297 -4.9 +3.5 1 1 1 1 1 1 375, 714 161, 943 213, 770 373, 010 182, 506 190, 504 53 53 55 68 68 56 55 60 71 74 64 57 62 80 84 71 68 65 89 90 69 61 65 85 79 72 67 64 81 88 +10.9 +19.3 +4.8 +11.3 +7.1 -1.4 +1.5 +1.6 +9.9 +2.3 66 56 67 66 76 74 86 79 82 70 82 80 +13.2 +6.8 +4.9 -1.2 .43 1.14 1.40 .44 1.11 1.40 .44 1.11 1.40 .45 1.12 1.40 .50 1.28 1.65 .51 1.32 1.65 +2.3 +0.9 0.0 -11.8 -15.2 -15.2 .73 3.29 .73 3.29 .71 3.29 .70 3.29 .80 3.60 .80 3.60 -1.4 0.0 -12.5 -8.6 15, 621 15, 166 16, 627 131 12, 090 536 13,280 2,126 10,007 18, 399 12,954 3,483 30, 449 2,332 15, 121 365, 522 460, 918 391, 329 500, 652 3,033 1,097 1,937 2,637 921 1,716 4,230 937 3,293 6,686 1,216 5,470 3,984 869 3,115 3,686 2,284 3,183 1,989 4,284 3,116 6,148 5,056 3,883 2,805 Cotton Production, crop estimate _ . -thous. of bales Ginnings _ thous. of bales.. Receipts into sight _ _ . thous. of bales _ 221 Imports, unmanufactured bales.. 22, 137 Expoits, unmanufactured (including linters) _ _ bales 346, 774 Consumption by textile mills bales.. 518, 504 Stocks, domestic, end of month: Total, mills and w'houses.- thous. of bales. . 3,676 Mills thous. of bales 1,268 Warehouses thous. of bales 2,408 Stocks, world visible, end of month: Total __ thous. of bales 4,315 American thous. of bales 2,763 Machinery activity of spindles: Active spindles _ _ thousands 31, 771 Total activity millions of hours. . 7,606 Activity per spindle _ ._ _ hours 202 Per cent of capacity per cent 88.4 Prices: To producer dolls, perlb .161 In New York dolls, per Ib .186 2 2 794, 584 1, 369, 820 571, 105 568, 532 3 16, 104 3 12, 260 3,149 +63.8 +10.6 12, 402 +204. 3 +145. 5 752, 324 1,4 421, 482 544, 097 483, 082 4 4 4 4 +72.4 -0.5 -3.6 +4.5 5, 718 1, 217 4, 501 +58.1 +16.9 +29.8 -0.1 +66.1 +21.6 5,194 4,115 +43.5 +62.3 +18.4 +22.9 32, 520 7,962 210 4 89. 5 +1.4 +1.5 +1.8 +0.4 +0.2 +5.1 +6.7 +10. 5 31, 082 6,770 180 78.9 31,322 7,489 200 87.4 32, 135 8,248 220 98.5 32, 593 8,370 224 98.9 31, 572 7,102 188 83.8 .154 .187 .161 .187 .168 .170 .117 .132 .225 .236 .215 .220 -30.4 -22.4 -45.6 -40.0 65, 714 69, 554 4 79, 223 88, 295 72, 257 85, 859 +11.5 +2.8 783, 296 809, 910 +3.4 67, 272 43, 724 40, 446 50 5.2 75, 180 44, 336 38, 449 59 5.7 4 4 84, 438 49, 3 12 * 36, 868 66 4 6. 7 79, 350 51, 010 36, 161 70 6.2 81, 079 42,608 40, 711 58 6.7 85, 907 47, 556 39,917 67 6.5 -6.0 +3.4 -1.9 +6.1 -7.5 -7.6 +7.3 -9.4 +4.5 -4.6 764, 790 439, 861 789, 945 476, 723 +3.3 +8.4 167, 365 247, 825 211, 515 208, 658 216, 253 270,482 190, 556 184, 036 302, 130 230, 607 181, 834 290,917 176, 252 219,466 339,314 174,349 206, 807 304,292 +21.0 -1.2 -3.7 +32.3 -12.1 -4.4 61,008 27,324 65,084 1 Quarter ending in month indicated. 2 As of November 14. 52, 691 26, 601 60,912 66, 205 34, 365 52, 968 41, 952 36, 629 69, 308 42, 911 33, 331 56,092 +25.6 +29.2 -13.0 Cotton Goods Cotton finishing: Billings, finished goods (as producer) thous. of yds. . 78, 161 Orders received, gray yardage thous. of yds.. 65, 072 Shipments, finished good cases _. 45, 272 Stocks , finished goods cases 41, 494 Operating activity per ct. of capacity.. 55 Average work ahead, end of month days 4.2 Cotton textiles: Total (9 classes)— Production thous. of yds 174, 740 Stocks, end of month thous. of yds__ 261, 574 Unfilled orders, end mo_. thous. of yds__ 160, 582 Sheetings— Production thous. of yds 44,740 Stocks, end of month thous. of yds__ 32, 244 Unfilled orders, end mo.. thous. of yds_. 40, 469 43, 894 29, 398 56.303 +54.3 +3.1 -5.6 34 Final estimate for 1925. Revised. „ .1 24 TREND OF BUSINESS MOVEMENTS—Continued 1926 The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" PER CENT INCREASE (+) OR DECREASE (— ) 1925 Oct., 1926, from Sept., 1926 Oct., 1926, from Oct., 1925 +21.6 -20.6 +28.1 +31.2 +76.6 -5.9 August September October September October 53, 142 57, 720 46, 756 73, 016 53, 142 59, 224 59,060 57, 139 66, 361 71, 818 29, 505 85, 032 60, 023 20, 062 103,253 54, 760 16, 710 90, 376 6,410 2,107 26, 822 6,588 2,043 26, 080 8,879 3,046 24, 806 7,340 2,906 26, 393 9,736 2,864 25, 046 2, 898 3, 520 9,400 2,854 2, 119 8,014 8,676 22, 691 4,137 7, 735 21,056 7,650 9,843 16, 510 10, 084 8,550 14, 304 10, 957 10, 361 12, 907 9,224 14, 956 18, 783 20, 077 13, 409 16, 992 18, 802 +21.2 -9.8 -15.8 -22.7 -24.0 -50.9 1,923 6,378 1,004 1,613 5,223 1,744 2,345 3,875 2,817 1,985 3,108 3,607 2,812 1,645 2,901 3,125 3,947 5,190 3,744 4,286 3,674 +41.7 -47.1 -19.6 -24.9 -61.6 -21.0 7,498 2,320 14, 078 7,694 1,900 13, 338 9,567 2,131 10, 236 8,039 3,736 11, 770 9,825 4,734 15, 198 5, 830 5,662 4,301 5,819 7,793 4,355 +22.2 +68.8 +26.7 -39.3 +29.1 +249. 0 775 1,550 288 548 1,237 1,383 991 276 1,281 969 258 2,074 1,651 238 1,624 1,020 758 1,918 1,086 775 1,555 +70.4 -7.8 -21.7 5,182 7,925 8,563 4,420 7,984 8,827 5,141 8,746 8,994 4,866 8,377 9,049 5,284 8,712 11, 240 5,044 2,830 14, 987 5,305 2,782 18, 130 45, 528 125, 103 46, 060 382, 371 41, 105 41, 731 121, 264 49, 434 339, 755 49, 042 37, 868 101, 203 87, 956 302, 571 38, 227 47, 056 87, 607 111,007 413, 762 45, 983 52, 915 86, 864 87, 684 401, 636 37, 556 41, 404 127, 275 110, 880 371, 500 42, 366 44, 461 122, 019 103, 294 452, 552 44, 887 +12.5 -0.8 -21.0 -2.9 -18.3 +19.0 -28.8 -15.1 -11.3 -16.3 14, 021 9,497 14, 050 10, 054 16, 140 10, 695 15, 910 11,429 12, 001 14, 025 12, 129 12, 446 13, 637 +5.0 -12.0 .349 .500 .073 .093 157 .344 .500 .073 .089 155 .363 .500 .076 .092 157 .367 .506 .076 .093 159 .329 .482 .068 .090 154 .423 .563 .095 .106 187 .430 .562 .096 .108 187 -10.4 -4.7 -10.5 -3.2 -3.1 -23.5 -14.2 -29.2 16 7 -17.6 4,857 37, 644 6,313 39, 425 6,207 45, 943 7,046 43, 962 7,936 47, 768 8,408 41, 684 7,240 46, 815 +12.6 +8.7 +9.6 +2.0 29, 111 20, 323 27, 528 18, 665 28,006 19, 274 34, 459 18, 491 35, 094 22, 762 42, 708 28, 169 39, 423 30, 107 +1.8 +23.1 -11.0 -24.4 77.2 61.7 78.8 5.88 78.7 59.5 81.7 5.78 78.9 61.8 82.0 5.98 80.8 66.6 87.5 6.13 5.78 91.2 60.8 104.0 6.62 93.7 61.3 112.9 6.66 -5.7 -13.2 1,429 1,479 576 1,170 1,591 577 1,083 1,547 565 259, 963 249, 271 295, 607 286, 759 262, 264 301, 160 3,359 3, 767 7,378 3,477 5,786 June July 54,008 61, 256 19-, 161 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH OCTOBER 31 1925 1926 Per ct. increase (+) or decrease (-) cumulative 1926 from 1925 TEXTILES— Continued Cotton Goods— Continued Cotton textiles— Continued. Print clothProduction thous. of yds__ Stocks, end of month. _ thous. of yds _ Unfilled orders, end mo. -thous. of yds__ Pajama checksProduction _ thous . of yds _ Stocks, end of month thous. of yds _ Unfilled orders, end mo__thous. of yds _ Drills and twills (40" and narrower)— Production thous. of yds . Stocks, end of month thous. of yds__ Unfilled orders, end mo__thous. of yds__ Pocketing twills and jeansProduction thous. of yds _ Stocks, end of month thous. of yds . Unfilled orders, end mo_.thous. of yds__ Osnaburgs— Production _ thous. of yds _ Stocks, end of month thous. of yds _ Unfilled orders, end mo. thous. of yds _ Heavy warp sateensProduction _ thous. of yds _ Stocks, end of month., thous. of yds__ Unfilled orders, end mo__ thous. of yds__ Drills, twills, sheetings and sateens (wider than 40")— Production.. ___ _thous. of yds__ Stocks, end of month thous. of yds _ Unfilled orders, end mo. _ thous. of yds _ Colored goods— Production thous. of yds _ Stocks, end of month thous. of yds _ Unfilled orders, end mo. .thous. of yds _ Fine cotton goods production - pieces Cotton cloth exports thous. of sq. yds,Fabric consumption by tire manufactures . - thous. of Ibs _ Elastic webbing sales thous. of yds__ Prices: Cotton yard— 12/1, cones, Boston dolls, perlb _ 40/ls, New Bedford dolls, per lb__ Print cloth, 64 x 60 dolls, per yd _ Sheeting, brown dolls, per yd_ Cotton goods (Fairchild). -index number _ Silk Imports, raw thous. of lbs__ Deliveries (consumption) bales Stocks, end of month: At warehouses _ bales _ At manufacturers' plants. .. bales Silk machinery activity: Broad looms per cent of normal _ Narrow looms per cent of normal _ Spinning spindles per cent of normal _ Price, Japanese, New York dolls, per lb__ +32.6 +241. 1 -1.4 +35.2 -5.1 +212. 5 +52.0 -69.3 +4.4 . — _ -0.4 +8.6 +4.0 +213. 2 +24.2 -38.0 3, 958, 872 427, 628 -6.1 -5.7 132, 240 136, 936 s 127, 977 105, 365 -3.2 -23.1 62. 017 417,011 61, 770 414, 141 -0.4 -0.7 1,041 1,731 657 s 13, 346 s 14, 383 * 3, 135 s 12, 963 5 14, 441 5 3, 358 -2.9 +0.4 +7.1 256, 519 241, 594 302, 630 285, 304 246, 209 303,001 2, 282, 588 2, 009, 732 2, 317, 172 2,098,483 +1.5 +4.4 3,557 4,015 6,953 3,946 5,566 3,756 * 4, 135 5,565 4,167 6,842 4,051 * 4, 067 5,476 4,580 7,163 5 34, 374 * 34, 038 5 31, 351 s 32, 053 -8.8 -5.8. 5 35, 599 8 32, 102 -9.8 1,119 1,203 1,136 1,174 2,460 1,217 1,429 941 1,499 2,672 s 10, 470 5 9, 429 -9.9 43,664 20, 936 42, 621 23, 621 534, 496 256, 298 520, 707 240,882 -2.6 -6.0 - 4, 218, 240 453, 250 5 Clothing Men's and boys' garments cut: 1,513 Suits _ thous. of garments . Separate trousers .._ .thous. of garments _ 1,416 454 Overcoats _ _thous. of garments.. Work clothing: Cut _ .dozen garments. _ 250, 683 228, 585 Net shipments dozen garments Stocks, end of month., _ dozen garments. _ 328, 918 1,409 * 1,435 486 229, 323 205, 447 298, 013 Hosiery Production thous. of dozen pairs.. Net shipments thous. of dozen pairs.. Stocks, end of month thous. of dozen pairs. _ New orders thous. of dozen pairs.. Unfilled orders, end mo..thous. of dozen pairs.. 3,424 * 3, 812 6,397 3,848 6,229 3,060 * 3, 078 7,616 2,966 6,170 1,062 853 1,484 966 2,395 821 843 1,507 616 2,100 927 1,109 1,386 974 1,952 1,004 1,325 1,196 1,087 1,655 44,206 17, 170 55, 258 19, 975 52, 990 15, 070 32, 066 16,004 4 Knit Underwear Production thous. of dozens.. Net shipments.. thous. of dozens-Stocks, end of month ...thous. of dozens.. New orders thous. of dozens-Unfilled orders, end of mo thous. of dozens. . Burlap and Fibers Imports: Burlap Fibers (unmanufactured) thous. of lbs_. long tons.. * Revised a 53, 696 18,836 +67.5 +17.7 Nine months' cumulative, ending Sept. 30. +26.0 -20.3 25 TREND OF BUSINESS MOVEMENTS—Continued The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" PER CENT INCREASE (+) OR DECREASE (— ) 1925 1926 Oct., June July August September 3,423 2,510 2,158 1926, September October 3,470 2,407 2,067 2,804 2,377 1,857 2,987 2,380 1,852 1321 1.767 1338 1.759 +9.2 +11.2 1617 i 899 i 1, 231 i 1. 663 October from Sept., 1926 Oct., 1926, from Oct., 1925 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH O C T O BER 31 1925 1926 Perct. increase (+) or decrease /( \) cumulative 1926 from 1925 TEXTILES-Contmued Pyroxylin Coated Textiles Pyroxylin spread thous. oflbs . Shipments billed thous. of linear yds Unfilled orders, end of mo. thous. of linear yds.. 3,604 2,663 2,374 3,093 2,301 2,186 s 21, 008 s 17, 789 5 26, 397 5 20, 315 +25.7 +14.2 -5.0 +1.1 1,375 914 -33.5 -23.5 -23.5 -49.9 -45.9 2,983 2,200 -26.2 123, 826 144, 373 +16.6 Cotton Mill Dividends Fall River mills: 1294 Total & thous of dollars Ratio to capitalization.per ct. per quarter. . 1.690 --New Bedford mills: 1807 Total thous. of dollars i i 175 Ratio to capitalization per ct per Quarter - FUR* Sales.. thous. of dollars.. 15, 040 13, 230 17, 647 16, 969 13, 664 11, 986 11, 867 -19.5 +15.1 45.0 12, 331 38.6 12, 196 44.4 11, 754 44.4 11, 759 51.3 12, 002 46.5 12, 224 48.1 4 12, 172 +15. 5 +2.1 +6.7 -1.4 9,999 10, 709 9,622 9,337 7,355 7,004 -3.0 +33. 3 49, 816 54, 560 +9.5 7,300 2,609 4,787 7,655 2,651 4,796 7,346 2,586 4,738 6,906 2,360 4,948 5,646 1,864 4,011 5,147 2,088 4,609 -6.0 -8.7 +4.4 +34.2 +13.0 +7.4 35, 454 13, 330 45, 247 39, 017 14, 900 49, 081 +10.0 +11.8 +8.5 26, 691 21, 582 5,109 32, 174 26, 280 5,894 37, 335 30, 438 6,897 42, 004 34, 407 7,597 4 38, 423 31, 408 7,016 41, 198 33, 542 7,-656 +12.5 +13.0 +10.1 +2.0 +2.6 -0.8 3,223 762 67 3,200 776 59 3,136 700 64 3,334 755 70 2,726 617 35 3,023 653 74 +6.3 +7.9 +9.4 +10.3 +15.6 -5.4 30, 128 6,508 448 32, 740 7,478 632 +8.7 +14.9 +41.1 216 103, 245 58.5 213 102, 085 57.7 ^215 105, 480 <58. 1 219 108, 760 58.9 200 94, 550 52.4 206 97, 950 53.9 +1.9 +3.1 +1.4 +6.3 +11.0 +9.3 18, 472 24, 038 76.8 79 56 20, 846 23, 791 87.6 84 71 15, 427 17, 969 85.8 101 85 14, 365 17, 622 81.3 87 58 19, 125 22, 678 84.3 88 78 25, 002 27, 020 92.5 92 69 6.9 — 1.9 -5.2 -13.9 31 8 -42.5 -34.8 -12.1 -5.4 -15.9 191, 958 245, 904 172, 643 212, 330 -10.1 -13.7 51, 658 50.4 50, 998 52, 716 53, 796 52.0 53, 586 45, 802 54, 630 53.2 50, 885 43, 874 53, 963 52.7 49, 738 43, 322 54, 943 51.7 50, 621 46, 530 64, 216 61.3 55, 795 61, 778 -1.2 -0.9 -2.3 -1.3 -16.0 -14.0 -10.9 -29.9 19.45 17.63 20.23 19.26 17.50 20.19 19.39 17.50 20.18 20.26 18.00 20.39 20. 56 18.30 20. 08 20.89 18.63 20.66 +4.5 +2.9 +1.0 -3.0 -3.4 -1.3 17, 058 20, 882 23, 157 107, 171 18, 174 27, 393 29, 858 102, 913 22, 359 27, 929 30, 820 101, 047 18, 830 23, 674 BUTTONS Fresh-water pearl buttons: Production per ct of capacity Stocks, end of month thous. of gross. . IRON AND STEEL Iron Iron ore: Shipment from mines.thous. of longtons_. ' 8, 770 ReceiptsLake Erie ports and furnaces . .. _ thous. of long tons. _ 6,472 Other ports thous. of long tons 3,217 4,834 Consumption thous. of long tons _ StocksTotal thous of long tons 21, 512 At furnaces thous of long tons 16, 939 On Lake Erie docks.thous. of long tons.. 4,573 Pig-iron production: Total, United States. ..thous. of longtons.. 3,235 Merchant furnaces thous. of long tons.. 770 Canada _ thous. of long tons 71 Furnaces in blast, end of month: Furnaces number 220 Capacity long tons per day 106, 140 Per cent of total per cent 59.6 Ohio gray-iron foundries: Meltings— Actual long tons 15, 025 Normal ..long tons.. 18, 962 80.3 Ratio to normal per cent of normal. . 88 Stocks, end of month.. per cent of normal. . 74 Malleable castings: 56, 659 Production . _ tons _ 54.5 Operating activity per ct. of capacity.^ Shipments _ tons . 57, 641 Orders booked _. ..- tons . 42, 813 Wholesale prices: Foundry No. 2, 19.71 18.00 Basic (valley furnace) .dolls, per long ton.. 20.62 i 573, 840 594, 696 +3.6 549, 379 508, 986 558, 210 450, 954 +1.6 -11.4 24, 310 28, 889 s 170, 478 5158,007 s 187, 489 s 169, 611 +10.0 +7.3 21, 344 29, 062 27, 889 31,528 s 180, 718 5 170, 832 * 190, 039 5 175, 671 +5.2 +2.8 13, 426 17, 121 18, 604 19, 848 5 110, 928 s 114, 097 s 135, 038 s 117, 949 +21.7 +3.4 Cast-iron Boilers and Radiators Round boilers: Production Shipments thous of Ibs thous of Ibs 20, 982 16, 883 18, 162 109, 243 Stock on hand, end month.. thous. oflbs.. Square boilers: 21, 444 26, 191 18, 257 20, 655 Production thous of Ibs 30, 249 23, 991 31, 888 16, 502 Shipments thous of Ibs 37, 305 33, 187 27,904 18, 214 Orders received thous of Ibs 99, 982 Stock on hand, end month. .thous. of lbs_. 114, 515 111,713 105, 071 Radiators: 15, 551 14, 308 14, 424 13, 834 Production. .thous. sq. ft. heating surface.. 19, 845 18, 766 14, 983 Shipments. ..thous. sq. ft. heating surface.. 10, 824 Orders 21,080 23,028 16, 243 13, 486 received thous so ft heating surface Stock on hand, end 44. 534 46. 519 52.915 month _thous. sa. ft. heating surface.. 55. 638 Quarter ending in month indicated. See table on p. 13 of the November, 1926, issue for earlier data. 4 Revised. Nine months' cumulative, ending Sept. 30. 5 26 TREND OF BUSINESS MOVEMENTS—Continued 1996 The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" Oct., June July August September October September CUMULATIVE TOTAL FROM JANUARY 1 THROUGH O C T O BER 31 PER CENT INCREASE (+) OR DECREASE (— ) 1925 October Perct, increase or de^ crease (-) cumulative1926 from 1925 1926, Oct., 1926, from Oct., 1925 1925 1926 1926 36, 266 616 39, 940 668 +10.1 +8.4- 145. 502 +18.4- from Sept., IEON AND STEEL-Continued Crude Steel Steel ingots, production: United States . thous. of long tons _ 3,751 Canada thous. of long tons. _ 81 U. S. Steel Corporation: Unfilled orders, end of month thous. of long tons.. 3,479 Earnings thous of dolls 15, 949 Steel castings: Bookings — Total short tons.. 68,030 Ratio to capacity per cent 53 Railroad specialties ._ _. short tons.. 15, 992 Miscellaneous short tons.. 52, 038 ProductionTotal ' short tons _ 93, 392 Ratio to capacity percent.. 73 Railroad specialties short tons 34, 290 Miscellaneous short tons.. 59, 102 Sheets, blue, black, galvanized, and full finished: Production— Total short tons.. 268, 448 Ratio to capacity per cent.. 84.0 3,651 65 4,005 46 3,931 59 4,093 66 3,490 37 3,889 109 +4.1 +11.9 +5.2 -39.4 3,603 17, 799 3,542 17, 244 3,594 17, 584 3,684 3,717 14, 093 4,109 14, 592 +2.5 -10.3 74, 430 57 29, 258 45, 172 < 66, 152 51 « 22, 945 < 43, 207 < 65, 151 « 51 * 22, 026 < 43, 125 72, 270 56 27, 822 44, 448 59, 326 47 20, 738 38, 588 74,283 59 26, 434 47, 849 +10.9 +9.8 85,338 66 30, 613 54, 725 < 79, 568 62 * 25, 945 * 53, 623 .« 77, 315 60 < 22, 637 * 54, 678 77, 420 60 25, 587 51, 833 239, 764 77.3 293, 703 92.0 307,459 96.2 314, 598 101.4 5122,908 +26.3 +3.1 -2.7 -5.1 +5.3 -7.1 8 716, 918 815, 800 +13. & 287, 494 429, 424 313, 374 502, 426 +9.0+17. & 2, 859, 004 2, 930, 652 +2.5- 2, 605, 633 2, 589, 509 2, 911, 722 2, 770, 230 +11. T +7.0 +0.1 0.0 +13 0 -5.2 295, 810 92.7 348, 714 106.4 +2.3 +5.4 -9.8 -4.7 Total short tons.. 176, 428 153, 962 147, 862 134, 422 141, 206 120, 798 44, 988 34, 511 Unsold .. short tons. _ 55, 140 40, 758 46, 031 36, 587 Shipments short tons _ 262, 231 264, 025 281, 602 302, 198 301, 474 262, 050 Sales.. _ short tons.. 284, 319 352, 414 283, 055 448, 147 212, 029 286, 029 Unfilled orders, end of month. .short tons.. 422, 237 520, 281 521, 837 731, 977 581, 993 497, 698 Steel barrels: Production barrels.. 626, 812 585, 734 523, 037 511, 118 493, 363 510, 869 Ratio to capacity (assn. only) per cent. _ 47.7 41.0 43.6 54.6 42.0 Shipments barrels.. 624, 082 593, 611 511, 542 508,548 497, 031 503, 221 Stocks, end of month barrels _ _ 46, 751 52, 939 49, 271 38, 874 50, 369 55,184 Unfilled orders, end of month barrels.. 1, 300, 113 1, 293, 601 1, 170, 998 1, 288, 431 1, 149, 325 1, 012, 576 Wholesale prices: Steel billets, Bessemer. dolls, per long ton.. 35.00 35.00 35.00 35.00 35.00 35.00 Iron and steel dolls, per long ton.. 37.61 37.70 38.02 37.68 37.69 37.35 Composite steel dolls, per 100 Ibs 2.64 2.64 2.65 2.62 2.64 2.61 Structural steel beams ...dolls, per lOOlbs.. 1.95 2.00 2.00 1.85 1.95 1.95 123, 444 40, 200 332, 211 403, 491 595, 583 +5.0 +18.1 -0.2 -52.7 -20.5 +14.4 +1.4 -9.3 -47.5 -2.3 553, 545 51.0 555,981 52,748 890, 904 -3.5 -10.9 5, 080, 240 5, 538, 241 +9.0- -2.3 -6.9 -10.8 -10.6 -6.6 5, 079, 555 5, 535, 070 +9. a +29.0 34.25 * 37. 61 2.61 1.95 0.0 +0.8 +0.4 0.0 +2.2 +1.1 +1.5 +2.6 +11.7 +11.7 0.0 0.0 -24.7 -24.7 -5.7 -5.7 2, 263, 100 2, 107, 550 -6.9 2, 287, 500 2, 424, 750 +6.0 -0.5 +12.7 +2.1 +14.0 +21.1 +151. 2 271, 820 356, 612 +31. 2 72, 335 132, 961 Steel Products Structural steel, fabricated: Bookings (prorated) short tons 228, 750 ' Ratio to capacity ...per cent.. 75 Shipments (prorated) short tons ._ 268, 400 Ratio to capacity percent 88 Steel plate, fabricated, bookings: Total short tons 39, 551 Ratio to capacity per cent 58 Oil-storage tanks short tons.. 10, 829 Iron and steel: Exports (total) long tons.. 159, 506 Imports.. .. . long tons 107, 712 Steel furniture: Business group— Shipments _. thous. of dollars 2,606 Orders received thous. of dollars 2,557 Unfilled orders thous. of dollars1,535 Shelving— Shipments thous of dollars 602 Orders received.. thous. of dollars 607 Unfilled orders thous. of dollars-554 Machinery Foundry equipment: Sales dollars.. 407, 940 Shipments dollars- 417, 632 Unfilled orders, end of month dollars.. 511, 290 Machine tools, orders ..index number. . 186 Stokers, mechanical: Sales number. _ 175 Sales horsepower 68,408 Washing-machine sales: Total number 90, 758 Electric.. . number 73, 258 Vacuum cleaner sales _. number 1 270, 934 Agricultural pump shipments: Total thous. of dolls.. 648, 045 Pitcher, hand, etc number.. 60, 707 Power pumps number 4,085 Steam, power, and centrifugal pumps: New orders ...thous. of dolls.. * 1, 834 Shipments thous. of dolls.. * 1, 698 Unfilled orders, end mo thous. of dolls.. « 3, 620 1 Quarter ending in month indicated. 216, 550 71 268, 400 88 250, 100 82 250, 100 82 183, 000 60 253, 150 83 204, 350 67 253, 150 83 244, 000 80 240, 950 79 271,450 89 268, 400 88 31, 356 44 11, 908 45, 001 66 21, Oil 33, 316 48 16, 734 33, 137 49 20, 285 24, 963 37 8,458 29, 405 43 8,076 194, 717 61, 795 171, 588 75, 248 182, 071 68, 334 172, 070 64, 722 136, 791 61, 015 141, 817 69, 280 -5.5 -5.3 +21.3 -6.6 1, 449, 228 685, 456 1, 749, 029 816, 781 +83.8 +20.7 +19.2 2,150 2,284 1,669 2,343 2,299 1,638 2,450 2,420 1,614 2,546 2,607 1,686 2,124 2,260 1,629 2,423 2,488 1,544 +3.9 +7.7 +4.5 +5.1 +4.8 +9.2 21, 784 22, 161 25, 753 25, 980 +18. 2 +17.2 531 604 602 546 611 662 588 708 790 637 596 745 542 625 512 622 731 627 +8.3 -15.8 -5.7 +2.4 —18.5 +18.8 5,315 5,642 6,129 6,233 +15. a 378, 163 448, 390 411, 119 173 391, 935 384, 924 422, 148 167 400, 464 377, 798 522, 273 194 424, 054 400, 646 518, 795 208 «3, 344, 308 «3, 808, 711 «3, 075, 856 53, 839, 356 +13.9 +24.8 195 296,438 351, 121 544,042 149 +0.5 -6.2 125 50,494 104 38,852 127 44,211 112 40, 780 119 38, 155 114 53, 451 -11.8 -7.8 -1.8 i -23.7 1, 164 472, 768 1,204 483, 648 +3.4 +2.3 85, 799 69, 762 84,912 70, 592 93, 801 76, 308 216, 148 89,645 75, 459 78, 774 66, 601 i 192, 861 75, 577 63, 607 -4.4 +18.6 -1.1 +18.6 -20.2 +12.1 737, 640 610, 703 640, 914 865, 396 703, 691 745, 320 +17.3 +15.2 +16.3 581, 726 51, 874 3,653 561, 064 46,000 3, 225 329, 003 24, 930 2,604 643, 338 62, 944 2,909 662, 700 68, 152 3,666 i fi5, 295, 791 «4, 624, 205 i 5538,748 5422,707 5 27, 164 • 28, 944 -12.7 i -21.5 +6.6 1,594 1,611 3,586 1,947 1,919 3,606 1,468 1,703 3,332 1,323 1,461 3,378 1,481 1,582 3,252 1 * IRevised. 1,484 1,540 3,256 +1.1 -9.6 -2.3 +0.2 -2.7 1 +0.1 14, 531 13, 586 5 Nilie months' cumulat ive, endi ng Sept. 30. 15, 993 15, 410 +10.5 +10.1 +13.4 TREND OF BUSINESS MOVEMENTS—Continued 1936 The cumulative^ shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the Augustf 1926, "Survey" PER CENT INCREASE (+) OR DECREASE (— ) 1925 Oct., June July August September October September October 1926, from Sept., 1926 Oct., 1926, from Oct., 1925 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH O C T O BER 31 1925 1926 Per ct. increase ( } or tdecrease (-) cumulative 1926 from 1925 IRON AND STEEL-Continued Machinery— Continued Agricultural machinery and equipment: SalesTotal _ index number.. Domestic .index number Foreign index number Production.. index number Domestic pumps and water systems: b Shipments number of units Stocks, end of month number of units.. Electric industrial trucks and tractors: Shipments, domestic— Tractors .number of vehicles All other types number of vehicles.. Exports _ number of vehicles Electric locomotives shipped: Mining _ number. _ Industrial number . 179 190 125 140 154 157 126 137 150 135 199 129 »6 123 114 8159 6127 8,318 5,110 7,830 4,320 7,578 4,267 7,534 5,581 7,463 7,797 14 81 2 10 82 5 18 98 18 21 104 19 15 95 1 U98 19 125 116 159 115 102 j 101 1 110 116 —0 9 +39.7 157 1286 U2 +5.9 17 +80.0 108 +19.5 -9.3 5 +260. 0 +260. 0 168 933 108 154 947 75 -8.3 +1.5 -30.6 +3.0 +77.8. +9.1 +6.7 461 41 567 44 +23.0 +7.3 1187 U5 1204 116 PATENTS ISSUED Total, all classes _ Agricultural implements Internal-combustion engines ... number.. number. number 4,495 68 42 3,334 49 37 4,254 39 78 3,115 43 30 3,239 40 32 4,281 68 57 3,725 63 59 +4.0 -7.0 +6.7 -13.0 -36.5 -45.8 37, 949 633 657 36, 909 528 471 -2.7 -16.6 -28.3 358, 365 339, 547 18, 818 329, 950 316, 997 12, 953 393, 040 380, 258 12, 782 363, 537 350,913 12, 624 299,443 288, 848 10, 595 274, 227 263, 855 10, 372 408, 017 394, 096 13, 921 -17.6 -17.7 -16.1 -26.6 -26.7 -23.9 3, 212, 225 3, 089, 153 123, 072 3, 559, 072 3, 407, 411 151, 661 +10.8 +10.3 +23.2 47, 115 44, 182 2, 933 41, 921 39, 666 2,255 47, 907 45, 404 2,503 51, 299 46,428 4,871 46, 965 42, 890 4,075 60, 482 58,002 2,480 46, 013 44, 323 1,690 -8.4 +2.1 -3.2 -7.6 -16.3 +141. 1 425, 934 407, 828 18,106 464, 806 428, 931 35, 875 +9.1 +5.2 +98.1 19, 934 15, 354 4,580 22, 486 17, 077 5,409 20, 272 16, 130 4,142 27,001 20, 038 6,963 20, 395 16, 348 4,047 22, 814 18, 780 4,034 22, 562 18, 487 4,075 -24. 5 -18.4 -41.9 -9.6 -11.6 -0.7 240, 945 198, 524 42, 421 252, 255 196, 023 50, 823 +4.7 -1.3 +19.8 4,541 2,979 1,562 4,158 2, 641 1,517 3,045 2,448 597 6,471 4,483 1,988 7,546 5,439 2,107 5,547 4,030 1,517 7,976 6,229 1,747 +16.6 +21.3 +6.0 -5.4 -12:7 +20.6 57, 849 44, 704 13, 145 59, 911 42, 357 17, 554 +3.6 -5.3 +33.5 140 135 140 184 6,789 135 117 127 142 8,160 157 120 131 166 6,319 151 120 126 165 6,925 125 116 109 145 6,018 179 100 155 123 7,561 214 131 163 100 7,521 -17.2 -3.3 -13.5 -12.1 -13.1 -41. 6 -11.5 -33.1 +45.0 -20.0 111,380 117, 176 87, 643 101, 576 134, 231 122, 305 138,360 118, 224 115, 849 99, 073 89, 018 83, 519 96, 364 86, 281 -16.3 -16.2 +20.2 +14.8 708, 411 710, 670 1, 112, 170 1,061,368 +57.0 +49.3 71,317 77, 166 72, 228 76, 479 72, 014 77, 613 * 71, 726 80, 320 75, 643 88, 034 67, 720 76, 571 71, 042 82, 839 +5.5 +9.6 +6.5 +6.3 705, 151 789, 405 724, 809 805, 513 +2.8 +2.0 116, 743 124, 100 78, 206 42, 422 119, 020 124, 483 76, 352 35, 300 123, 390 128, 925 128, 568 « 132, 013 78, 459 84, 034 37, 741 40, 753 123, 120 137, 659 73, 939 36, 563 108, 426 125, 206 75, 670 34, 516 121, 639 138, 234 76, 468 30, 872 -0.2 +4.3 -5.8 -10.3 +1.2 -0.4 -3.3 +18.4 1, 119, 300 1,276,059 677, 034 463, 196 1, 187, 708 1, 310, 929 766, 025 377, 366 +6.1 +2.7 +13.1 -18.5 66, 096 275, 338 .1366 64,940 277, 888 .1392 70, 137 66, 658 260, 186 4 263, 935 .1417 .1406 68, 233 267, 284 .1386 69, 007 247, 398 .1438 72, 855 247, 061 .1430 -2.7 +1.3 -1.4 -6.3 +8.2 -3.1 154, 250 173, 223 107. 13 174, 145 188, 203 106. 78 176, 794 214, 370 106. 23 201, 998 204, 256 106. 22 155, 069 175, 454 106. 19 197, 703 192, 638 111. 72 323, 247 314, 967 111. 77 -23.2 -14.1 0.0 -52.0 -44.3 -5.0 2,137,407 1,987,382 2,086,067 2, 115, 709 1 -2.4 +6.5 188, 979 199, 475 225, 831 237, 808 186, 751 226,872 261, 055 277, 647 253, 604 311, 883 368, 405 338,083 442,427 468, 330 -2.9 +12.3 -42.7 -33.4 3, 765, 819 4, 406, 389 2, 745, 672 2, 926, 128 -27.1 -33.6 148 53, 751 142 54, 234 153 50, 659 124 48, 517 149 44, 269 126 51,343 123 51, 408 +20.2 -8.8 +21.1 -13.9 1,267 523, 814 AUTOMOBILES Production: Passenger carsTotal number of cars United States. _ number of cars_ Canada number of cars TrucksTotal number of cars United States number of carsCanada number of carsExports: Assembled— Total number of cars Passenger cars number of cars Trucks number of cars. From Canada— Total number of cars Passenger cars . . number of cars Trucks _ number of carsAccessories and parts: ShipmentsOriginal equipment . . . . index nos Replacement parts index nos__ Accessories index nos Service parts . . index nos Exports _. thous. of dolls Sales (General Motors Co.): To dealers number of cars__ To users number of cars 69, 957 77, 662 +11.0 NONFEKBOUS METALS Copper Production: Mines short tons Smelter short tons Refined (North and South America) 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 Ib Copper Products Plumbing fixtures: Sales, tubularQuantity - - . number Value _ dollars Wholesale price 6 pieces dollars Brass faucets: Orders received number of pieces Orders shipped number of pieces Fire extinguishing equipment, shipments: Motor vehicles __ number Hand types number 1,223 520, 212 i -3.5 -0.7 Tin Deliveries (consumption) long tons 7,630 6,900 Stocks, end of month: World visible supply long tons 15, 831 13, 777 United States long tons 3,014 2,409 Imports long tons 7,941 7,230 Wholesale price, pig tin dolls. Der lb_ .5841 .6137 i4 Quarter ending in month indicated. Revised. 5,870 5,835 5,955 6,360 6,070 +2.1 -1.9 64, 625 65, 405 1 +1-2 13, 352 1,829 5,132 .6388 14, 379 1,854 6,092 .6654 14, 841 1,554 5,126 .6823 17, 642 2,309 5,365 .5641 15, 770 2,464 6,401 .6046 +3.2 -16.2 -15.9 +2.5 -5.9 -36.9 -19.9 +12.9 64,604 63, 824 & See table on p. 13 of the September, 1926, issue for earlier data. « Estimated. -1.2 28 TREND OF BUSINESS MOVEMENTS—Continued 1925 1926 The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" PER CENT INCREASE (+) OR DECREASE (— ) Septem- October ber Septem- Oct., 1926, from Sept., 1926 Oct., 1926, from Oct., 1925 June July 76, 912 48, 226 25, 760 83, 980 48, 403 22, 986 84,584 51, 761 18, 164 87, 028 52, 144 15, 699 87, 028 54,979 15,909 86, 556 47, 384 11, 796 89, 877 50,497 7,475 0.0 -3.2 +5.4 +8.9 +1.3 +112. 8 55, 732 31, 885 .0711 73,409 20, 776 .0741 67, 736 19, 250 .0738 69, 547 19, 103 .0741 .0730 70, 083 22, 810 .0775 81, 295 24, 593 .0828 -1.5 Production short tons 47, 524 Ore shipments: Joplin district short tons 7,131 Utah « short tons.. 62, 418 Receipts of lead in U S ore short tons 44, 918 Stocks, U. S. and Mexico, end mo. _ .short tons.. 123, 099 Price, pig desilverized (New York) .dolls, perlb.. .0803 47, 798 4 49, 017 4 47. 240 53, 809 44, 334 52, 927 +13.9 11, 566 69, 965 44, 944 118. 697 .0850 10, 505 59, 303 47, 566 111, 429 .0891 12, 879 62, 817 47, 755 113. 109 .0879 14, 965 76, 317 .0840 10, 820 56, 810 46, 381 96, 932 .0951 9,703 75, 709 47, 412 104. 999 . 0951 4,964 1,330 3 634 5,015 1,339 3,677 4,987 1,354 3,633 5,337 1,482 3,855 4,868 1,339 3,529 4,621 1,041 3, 580 5,550 1,380 4,170 short tons.. short tons 327 3,167 374 2,954 166 2,947 488 2,959 511 3,003 short tons .short tons _ 390 4,414 271 3,523 495 3,002 560 2,648 dozens.. 142, 142 dozens _ 145, 377 147, 410 161, 315 172, 066 179, 234 183, 551 121, 933 158, 897 119, 554 113, 427 149, 829 112, 629 114 748 139, 964 113, 835 102, 333 149, 555 97, 178 134, 542 248, 959 130, 904 117, 973 238, 556 118, 963 122, 523 219, 086 119, 924 129, 509 294, 587 126, 728 117, 263 284, 432 117, 705 56, 144 157, 030 58, 538 August October CUMULATIVE TOTAL FROM JANUARY 1 THROUGH O C T O BER 31 1925 1926 Perct. increase ( } or tdecrease (-) cumulative 1926 from 1925 NONFERROUS METALS— Continued Zinc Retorts in operation, end of month __ .number _ Production . _ _short tons. _ Stocks, end of month short tons _ Ore, Joplin district: Shipments.. _ ..short tons__ Stocks, mines, end of month short tons _ Price, slab, prime western dolls, per lb__ 526, 587 +8.2 s 591, 515 5 625, 337 +5.7 +1.7 471, 299 492, 750 +4.6 +16.2 +54.2 +21.5 +0.8 102, 414 688, 284 s 406, 464 110, 740 653, 932 s 424, 759 +8.1 -5.0 +4.5 52, 572 11, 735 40, 836 51, 351 13, 137 38, 214 -2.3 +11.9 -6.4 517 3,143 s 6, 790 s 4, 028 -40.7 866 7,493 728 7,476 5 9, 195 5 -59.0 98, 237 158, 764 92, 008 122, 564 84, 933 121, 827 127, 355 85, 555 110, 396 -4.0 +6.2 -5.3 +8s!e 22 9 1, 145, 660 1, 046, 738 -8.6 -16.7 1, 198, 370 1, 078, 737 -10.0 130, 131 210. 291 115, 797 117, 122 208, 406 109, 582 139, 858 205, 012 145, 226 140, 669 201, 847 124, 362 -10.0 -0.9 -4.5 -16.7 +3.2 11 9 1, 314, 153 1, 204, 718 -8.3 1, 347, 610 1, 201, 063 -10.9 122, 294 273, 590 127, 758 125, 044 257, 240 115, 973 120, 262 246, 816 110,784 140, 046 239, 654 145, 236 145, 951 239, 269 130, 554 -3.8 -17.6 -4.1 +3.2 -4.5 -15.1 1, 329, 240 1, 193, 434 -10.2 1, 357, 571 1, 196, 176 -11.9 48, 162 151, 854 49, 432 51, 559 145, 143 55, 657 55, 412 137, 971 51, 483 52, 018 135, 600 49, 027 56, 701 151, 433 57, 629 57, 906 142, 542 54, 452 -6.1 -10.2 -1.7 -4.9 4 8 -10.0 657, 173 524, 132 -20.2 603, 944 541, 205 10 4 80, 050 172, 026 73, 640 160, 665 61, 991 155, 423 48, 278 143, 670 43, 556 105, 664 107, 316 261, 737 79, 437 192, 610 -9.8 -26.5 45.2 -45.1 80 71 77 80 86 84 +7.5 +2.4 482, 765 499, 554 195, 867 * 176, 985 279, 474 286, 553 24, 213 4 19, 227 419, 071 172, 176 228, 488 18, 457 514, 799 238, 822 247, 940 28, 037 646, 065 245, 328 367, 628 33,109 613, 234 228, 543 364, 565 20,126 771, 239 274, 429 468, 530 28, 280 +25.5 +2.7 +48.3 +18.1 -16.2 -10.6 -21.5 +17.1 5, 493, 483 2, 016, 693 3, 316, 930 179, 959 5, 156, 737 1, 960, 944 2, 971, 001 224, 796 -6.1 -2.8 -10.4 +24.9 272, 627 100, 898 140, 375 31, 354 315, 532 120, 041 158, 064 37, 427 5 2 837 567 s 2,577, 075 5 1,125, 453 5 820, 319 5 1,397, 547 5 1,350, 688 5 314, 577 5 406, 068 -9.2 -27.1 -3.4 +29.1 1, 096, 531 1, 318, 083 s 5,700, 578 s 5,492, 578 —3. 6 486, 505 -11.8 Lead -4.4 -11.7 -8.8 -9.6 -8.5 -12.3 -3.0 -15.4 Babbitt Metal Consumption: Total apparent Direct by producers Sale to consumers thous. of Ibs thous. of Ibs thous. of Ibs Arsenic Crude: Production Stocks, end of month Refined: Production Stocks, end of month .. .. 3, 773 Galvanized Sheet Metal Ware Production Shipments . .. . Enameled Ware 'Baths: Orders shipped number Stocks, end of month number . Orders received number Lavatories: Orders shipped number Stocks, end of month . . - number Orders received number Sinks: Orders shipped number Stocks, end of month _ number Orders received .number _ Miscellaneous sanitary ware: Orders shipped number Stocks, end of month number _ Orders received number Unfilled orders, end of month: Baths number _ Small ware - - number Household ware: Furnaces operating ...per cent of total _ Band Instruments Sales: Total Cup mouthpieces Saxophones Wood wind dollars dollars _ .dollars dollars Electrical Equipment Electrical porcelain, shipments: Total dollars 283, 527 284, 474 273, 365 75, 630 Standard dollars 93, 437 86, 986 Special dollars _ 142, 098 154, 041 145, 616 High tension dollars 47, 992 51, 872 43, 694 Laminated phenolic products, 525, 690 765, 810 shipments dollars.. 613, 645 Motors: New orders dollars __ 904, 269 740, 424 792, 613 Billings (shipments) -. dollars. .' 928,272 876, 257 876, 297 Electric hoists: New orders— 332 293 Quantity number. _ 273 Value dollars 178, 426 165, 773 171, 871 Shipments dollars.. 159, 124 130, 234 150, 419 Vulcanized fiber: Domestic sales— Total thous. of dolls.. 855 902 889 48 42 Hollowware thous. of dolls.. 43 3,272 Consumption thous. of lbs._ 2,711 3,020 5 See table on p. 14 of the November, 1926, issue for earlier data. 287, 361 97, 335 146, 974 43, 052 829, 355 937, 913 745, 783 326 153, 652 173, 958 233 128, 137 169, 245 * Revised. 261 151, 913 118, 166 350 207, 761 156, 508 5 -28.5 -33.4 -16.6 -38.3 -2.7 +8.1 2,940 1, 585, 049 1, 451, 877 3,003 1, 632, 608 1, 667, 612 Nine months' cumulative, ending Sept. 30. +2.1 +3.0 +14.9 29 TREND OF BUSINESS MOVEMENTS—Continued ins 1936 The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" June July 41, 992 2,139 43, 472 3,240 August PER CENT INCREASE (+) OR DECREASE ( — ) Oct., 1926, from Sept., 1926 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH OCTOBER 31 Oct., 1926, from Oct., 1925 September October September October 48, 976 3,737 54, 592 4,188 46, 817 1,629 53, 203 1,243 +11.5 +2.6 +12.1 +236. 9 840 +13.7 +138. 6 Perct increase (+) or decrease (-) cumulative 1926 from 1925 1925 1926 419, 371 12, 716 460, 898 22, 612 +9.9 +77.8 FUELS Coal and Coke Bituminous: Production. __ ... thous. of short tons Exports _. thous. of long tons C onsumption— By vessels.. thous. of long tons By electric power plants thous. of short tons By railroads thous. of short tons. By coke. plantsUnited States. thous. of short tons._ Canada. 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, New York.. . dolls, per long ton Retail, chestnut, New York dolls, per short ton . Coke: Production, U. S.— Beehive thous of short tons By-product thous. of short tons Production, Canada.. thous. of short tons.. Exports thous. of long tons Price, furnace, Connellsville dolls, per short ton 521 3,174 7,519 46, 352 3,548 641 4 3, 360 7,635 4 709 739 3, 458 7,873 3,452 8,115 4 376 352 3,476 7, 823 3,710 8,992 6,478 248 -6.2 +5.6 2. 13 +25.6 +26.8 3.39 8.99 +2.7 +1.7 +10.3 +0.8 6,465 230 6,915 236 6,574 250 7,298 6,844 5,757 157 1.90 1.91 2.00 2.15 2.70 2.18 3.39 8.13 3.39 8.27 3.39 8.32 3.64 8.91 3.74 9.06 3.49 8.89 8,937 386 8,429 390 8,225 395 8,444 363 8,675 459 52 163 69 46 4 3,663 5,346 +45.9 29, 044 70, 425 5 30, 178 5 73, 580 +3.9 +4.5 59, 859 69, 698 +16.4 61, 438 2,803 70, 027 2,955 +14.0 +5.4 8,192 32, 671 635 10, 509 36, 973 5 1, 424 752 +28.2 +13.2 +42.3 +18.4 640, 269 624, 793 -2.4 52, 692 617, 431 14, 216 50, 249 641,862 15, 671 -4.5 +4.0 +10.2 6 5 +2.7 +26.4 +897. 8 11.47 11.48 11.47 11.48 11.48 11.27 11.28 0.0 +1.8 14.50 14.50 14.50 14.54 14.50 15.04 17.04 -0.3 -14.9 811 3,610 152 76 963 3,756 158 81 752 3,749 166 75 1,310 3,641 166 64 867 3,812 1,006 3,402 161 71 -33.8 +4.7 -13.8 +12.1 84 749 3,185 103 84 +31.3 +18.3 2.84 2.94 3.14 3.49 4.00 3.70 6.53 +14.6 -38.7 64, 893 66, 525 5 1, C01 Petroleum Crude petroleum: Production.. _ thous. of bbls.. 61, 742 Stocks, end of monthTotal (comparable) thous. of bbls.. 281, 432 Tank farms and pipe lines thous. of bbls 244, 690 Refineries _ thous. of bbls 36, 742 California — Light . thous. of bbls 35, 405 Heavy thous. of bbls 87, 389 Imports _ _ ..thous. of bbls 5,571 Consumption (run to stills) .thous. of bbls__ 65, 030 Oil wells completed number 1,652 Price, Kansas-Oklahoma dolls, per bbl__ 2.050 Gasoline: ProductionRaw (at refineries) thous. of gals__ 1, 017, 996 Natural gas at plants _ _ -thous. of gals.. 107, 031 Exports thous. of gals__ 147, 657 Consumption thous . of gals_ . 969, 066 Stocks, end of month _ _ thous. of gals. _ 1, 713, 264 Price, motor, New York dolls, per gal-.210 Retail distribution, 21 States, thous. of gals. . 325, 793 Kerosene oil: Production thous. of gals__ 209, 790 Consumption thous. of gals__ 121, 590 Stocks, refineries, end mo-._thous. of gals.. 330, 834 Price, 150° water white dolls, per gal.. .125 Retail distribution, 13 States, thous. of gals. _ 29, 370 Gas and fuel oil: Production thous. of gals._ 1, 227, 912 Consumption — By vessels thous. of gals.. 169, 608 By electric power plants, thous. of gals. _ 26, 182 By railroads _ thous. of gals 158, 281 Stocks at refineries, end mo_ -thous. of gals.. 947, 268 Price, Okla., 24-26, at refineries dolls, per bbl 1.225 Lubricating oil: Production 1 thous. of gals.. 112, 644 Consumption thous. of gals. 85, 806 Stocks at refineries, end irib thous. of gals__ 307, 188 Price, Pa., 600°, steam refined dolls, per gal.. .145 4 Revised. 4 65, 300 68, 886 65, 432 64, 842 +5.5 +6.2 277, 771 277, 160 301, 156 4 298, 193 -0.2 -7.1 240, 123 37, 648 240,511 36, 649 270, 496 30, 660 4 270, 160 28, 033 +0.2 -2.7 -11.0 +30.7 30, 489 87, 475 4,350 65, 992 1,745 2.050 30, 467 87, 461 3,860 69, 034 1,957 2.050 43, 007 81, 476 4,027 62, 115 1,504 1.600 44, 059 83, 391 4,367 63, 970 1,420 1.600 -0.1 0.0 -11.3 +4.6 +12.1 0.0 -30.8 +4.9 -11.6 +7.9 +37.8 +28.1 1, 046, 934 1, 067, 472 1, 043, 028 1, 082, 004 906, 066 944, 496 111,619 110, 359 122, 068 93, 100 102, 100 111,855 112,853 150, 909 144, 055 161,516 88, Oil 102, 404 847, 434 832, 692 1, 014, 804 1, 103, 844 942, 858 986, 496 1, 609, 230 1, 451, 142 1, 400, 322 1, 415, 652 1, 494, 024 1, 508, 220 .170 .210 .210 .210 .210 .170 327, 076 331, 020 203, 650 332, 242 +3.7 +9.4 -30.1 +4.6 +1.1 0.0 +14.6 +19.6 +10.2 +18.5 -6.1 +23.5 9, 047, 114 10, 056, 396 1, 040, 580 7, 891, 254 1, 485, 141 8, 957, 928 +42.7 +13.5 215, 082 144, 732 335, 538 .077 35, 185 -1.7 -5.5 +1.0 -9.5 -0.4 -6.9 +3.1 +36.4 2, 070, 516 1, 368, 570 2, 134, 272 1, 331, 820 +3.1 -2.7 1, 316, 742 1, 304, 352 1, 286, 040 1, 359, 204 1, 284, 318 1, 325, 478 +5.7 165, 464 173, 232 169, 694 181, 858 156, 915 128, 900 29, 562 31, 927 38, 125 33, 977 35, 818 4 170, 979 181, 245 205, 153 171, 525 176, 864 1, 079, 232 1, 113, 000 1, 142, 400 1,107,792 1, 256, 430 1, 215, 816 +7.2 278, 184 277, 486 4 242, 149 36, 035 240, 855 36, 631 4 33, 583 87, 761 5,185 67, 442 1,861 2.050 32, 124 87, 769 5,332 67, 693 1,924 2.050 204, 204 113, 778 354, 438 .099 31, 078 216, 258 114, 786 343, 812 . 109 4 214, 284 134,736 345, 996 .105 218, 022 142, 632 342, 678 .116 197, 820 178, 920 353, 010 .074 38, 110 4 +2.5 12, 798, 576 12, 591, 642 -1.6 1, 490, 038 1, 622, 982 5 327, 198 « 281, 713 5 1, 497, 210 H,513,109 +8.9 -13.9 +1.1 +41.1 -3.0 -8.9 1.231 1.355 1.425 1.356 1.050 1.056 -4.8 +28.4 119, 574 87, 738 307, 734 119, 112 95, 718 303, 492 111, 090 84, 798 300, 258 116, 256 74, 676 312, 354 107, 730 83, 454 283, 920 109, 536 74, 970 286, 734 +4.7 -11.9 +4.0 +6.l' -0.4 +8.9 .143 .136 .124 5 +11.2 .117 .153 .159 -5.6 -26.4 Nine months' cumulative, ending Sept. 30. 1, 079, 988 727, 314 1, 134, 084 804, 972 +5.0 +10.7 30 TREND OF BUSINESS MOVEMENTS—Continued 1 1926 The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" June July PER CENT INCREASE (+) OR DECREASE (— ) 1925 August Septem- October ber Septem- October ber \ Oct., 1926, from Sept., 1926 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH OCTOBER 31 Oct., 1926, from Oct., 1925 1925 1926 Per ct. increase ( } or tdecrease (-) cumulative 1926 from 1925 HIDES AND LEATHER Hides Imports: Total hides and skins _._thous. of lbs__ 35,023 Calfskins thous. of lbs_. 4,775 Cattle hides thous. of Ibs 13, 057 Goatskins thous of Ibs 8,597 Sheepskins __. thous. of lbs_. 6,383 Stocks, end of month: Total hides and skins thous. of lbs__ 293, 615 Cattle hides _ thous. of Ibs 237, 937 Calf and kip skins thous. of Ibs.. 37, 959 Sheep and lamb skins thous. of Ibs.. 17, 719 Prices: Green salted, packers' heavy native steers dolls, per lb__ .133 Calfskins, country No. 1 dolls, per lb_. .167 33, 299 5,023 11, 047 8,455 6,677 32, 359 5,079 12, 345 6,917 6,472 29, 797 3,822 11, 537 6,713 5,634 288, 754 224, 320 41, 767 18, 669 282, 933 219, 193 43, 483 20, 257 284, 326 222, 234 41, 561 20, 531 .142 .172 .149 .178 .152 .178 1,180 22, 922 82, 022 100, 097 20, 329 1,115 21, 440 64, 678 93, 896 18, 126 1,183 22, 308 67, 313 100, 217 19, 221 236, 130 240,002 79, 337 141, 693 99, 835 300, 834 95, 990 295, 074 1,486 7,987 .43 .45 -2.3 +43.2 +21.5 +161. 8 +9.0 +40.4 -10.2 +14.9 -29.4 +21.8 27,055 1,977 12, 872 6,095 4,002 20, 338 1,773 8,957 5,248 3,268 251, 459 192, 753 38, 456 20, 250 259, 369 203, 246 38, 343 17, 780 .177 .198 .174 .200 2,151 21, 978 69,090 98, 098 23, 486 1,107 20, 701 62, 645 96, 548 33, 418 1,318 23, 957 68, 346 124, 900 32, 205 232, 545 223, 165 215, 929 182, 652 79, 601 * 80, 313 151, 389 « 155, 178 81, 721 151, 905 88, 202 145, 869 81, 303 147, 329 90, 660 289, 218 85, 819 278, 719 131, 377 296, 174 127, 926 291, 891 1,320 8,181 1,152 7,576 1,180 8,666 879 8,787 1,637 7,991 1,859 7,986 -25.5 +1.4 -52.7 +10.0 .41 .45 .41 .45 .43 .45 .43 .45 .46 .46 .46 .46 0.0 0.0 -6.5 -2.2 352, 255 593 361, 138 622 363, 709 626 -5.2 -5.1 -3.1 -5.3 29, 125 4,642 12, 572 6,028 3,980 .161 .178 +5.9 0.0 309, 461 26, 055 139, 627 68, 401 55, 381 322, 162 38, 586 131, 773 76, 576 52, 312 +4.1 +48.1 -5.6 +12.0 -5.5 8 9, 962 6 191, 677 621, 222 934, 520 s 196, 684 -12.8 -6.5 +10.5 +5.4 -35.8 16, 123 74, 401 12, 048 86,004 -25.3 +15.6 3, 715, 855 6,364 3, 636, 122 6,183 -2.1 -2.8 -7.5 -11.0 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.. 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, perlb.. Chrome calf, " B" grades. ..dolls.per sq. ft.. 8 8 8 8 «11,420 205, 075 562, 295 886, 627 306, 539 8 8 Leather Products Belting sales: Quantity pounds.. 346, 739 327, 855 396, 991 371, 597 564 672 Value.. ..thous. of dolls 595 625 Boots and shoes: Production thous. of pairs 25, 041 25, 052 « 29, 646 31, 600 464 357 426 Exports thous. of pairs 533 Wholesale pricesMen's black calf blucher, Mass dolls, per pair.. 6.40 6.40 6.40 6.40 Men's dress welt, tan calf, St. Louis dolls, per pair.. 4.98 4.85 4.85 4.85 Women's black kid, dress welt, lace, oxford dolls, per pair-4.00 4.00 4.13 4.00 Gloves: Glove leatherProduction number of skins 585, 394 499, 912 529, 823 550, 559 Stocks (tanned)— In process number of skins.. 1, 446, 430 1, 482, 470 1, 614, 077 1, 600, 976 Finished number of skins.. 555, 112 510, 898 538, 066 527, 476 Gloves, cut — Total dozen pairs- 213, 069 183, 562 224, 583 218, 191 Dress and streetImported leather dozen pairs,. 50, 240 56, 224 56,406 49, 327 Domestic leather dozen pairs . 38, 579 34, 590 30, 792 33, 905 124, 239 Work gloves dozen pairs 133, 769 127, 880 103, 443 RUBBER Crude: World shipments, plantation long tons.. * 47, 800 Imports (including latex) long tons . . 24, 901 Consumption (quarterly) — Total __ long tons. . i 80, 140 For tires long tons._ i 68, 541 Stocks, end of quarterTotal . ..long tons . i 59, 204 Manufacturers long tons.. i 50, 610 Dealers long tons.. i 8, 644 Afloat. long tons.. i 40, 713 Stocks, end of month— United Kingdom . long tons . 25, 399 Plantation, afloat long tons.. 71, 600 Consumption by tire mfrs thous. of Ibs.. 42, 914 Wholesale price, Para, N. Y dolls, per lb_. .344 i Quarter ending in month indicated. < 47, 310 35, 821 29, 289 69, 700 42, 189 .335 52, 380 27, 399 31, 756 72, 100 49, 841 .337 37, 112 407 29, 769 401 31, 055 515 -4.5 6.40 6.40 0.0 0.0 4.85 5.15 5.15 0.0 -5.8 4.00 4.15 4.15 0.0 -3.6 482, 137 560, 730 8 243, 463 5,490 240, 665 4,663 -1.1 -15.1 5 4,661,185 55, 262, 958 +12.9 6 1,813, 101 51, 894, 001 -21.0 6.40 1, 127, 024 1, 287, 706 343, 559 328, 282 29, 334 203, 946 219, 133 43, 521 23, 077 137, 348 47, 853 28, 457 142, 823 44, 496 26, 367 46, 830 34, 651 i 86, 290 i 66, 908 i 91, 534 i 78, 552 i 58, 883 i 45, 121 1 13, 762 i 39, 815 i 33, 131 i 28, 18)5 i 4, 946 i 50, 480 48, 168 .340 6,206 63, 220 46, 745 .590 < Revised. 5 .333 8 8 371, 317 5 281, 745 51,155,148 -21.0 +7.7 -2.4 -15.3 -5.7 -14.8 8 6 454, 631 301, 087 8 1, 138, 272 319, 148 336, 291 6 274, 947 5 231, 902 8 5 431, 532 8 253, 187 « 208, 531 +4.5 +22.4 +6.9 -1.5 +5.4 -7.9 -10.1 -0.6 +77.7 -10.8 +60.1 +59. 2 +178. 2 -2.2 —21.1 5,855 63, 570 42, 211 .773 -2.1 -56.9 Nine months' cumulative, ending Sept. 30. 401, 053 -7.1 31 TREND OF BUSINESS MOVEMENTS—Continued 1926 The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" June July PER CENT INCREASE (+) OR DECREASE (— ) 1925 August September October September October Oct., 1926, from Sept., 1926 Oct., 1926, from Oct., 1925 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH OCTOBER 31 1925 1926 Perct. increase (+) or decrease (-) cumulative 1926 from 1925 RUBBER— C ontinued Tires and Tubes Pneumatic tires: Production thousands Stocks, end of month thousands Shipments, domestic thousands Inner tubes: Production thousands Stocks, end of month thousands Shipments, domestic thousands. Solid tires: Production thousands Stocks, end of month thousands Shipments, domestic... thousands 4,066 8,976 4,208 3,712 7,944 4,682 4,404 7,299 4,973 4 4, 279 4 6, 988 4 4, 452 3,817 7,493 3,334 3,755 5,761 3,293 3,379 5,003 4,088 -10.8 +7.2 -25.1 +13.0 +49.8 -18.4 4,628 15, 182 5,097 4,297 12, 949 6,381 5,568 11, 696 7,114 4 5, 693 4 11, 484 4 5, 755 4,836 12, 400 4,013 5,440 7,463 4,851 4,959 6,545 5,764 -15.1 +8.0 -30.3 33 172 38 30 152 40 38 147 45 436 4137 444 44 157 50 56 136 39 45 127 55 38,891 39, 337 37, 977 37, 097 -2.3 -2.5 +89.5 -30.4 52, 012 50>048 -3.8 51, 909 45, 891 -11.6 +22.2 +14.6 +13.6 -2.2 +23.6 -9.1 529 413 -21.9 514 372 -27.6 122, 953 +45.0 5 157, 887 +45.1 +1.1 Other Rubber Products Reclaimed rubber (quarterly) : Production .__ long tons Stocks, end of quarter _ long tons Scrap rubber (quarterly): Stocks at reclaimers Jong tons Consumption by reclaimers _ long tons Rubber-proofed fabrics: Production — Total thous. of yds Auto fabrics thous. of yds Clothing fabrics thous. of yds.. Rubber heels: Production thous of pairs Shipments— To shoe manufacturers. thous. of pairs.. To repair trade thous of pairs Stocks, end of month . thous. of pairs i 38, 841 i 14, 581 i 40, 020 i 13, 758 i 31 909 i 7, 762 +3.0 -5.6 +25.4 +77. 2 i 69, 914 i 53, 382 i 66, 908 i 52, 068 i 74, 809 i 40, 780 -4.3 -2.5 -10.6 +27.7 5 84, 785 5 5 108, 824 5 5, 990 5 9, 517 +58.9 5 147, 029 « 132, 099 -10.2 91, 524 49, 079 5 76, 925 « 48, 009 -16.0 -2.2 1, 415, 717 1, 425, 045 1, 525, 430 1, 525, 663 +7.7 +7.1 264, 295 2,445 1,099 778 2,458 999 954 2,940 913 1,533 2,652 2,587 669 1,452 3,353 1,303 1,506 12, 769 11, 109 14, 490 16, 349 19, 471 21, 853 7,541 5,902 56, 701 8,651 6,370 51, 699 9,607 7,911 49, 593 9,785 9,428 45, 483 12, 251 5,764 35, 512 12, 338 7,137 38, 675 165, 312 155, 229 241, 754 26, 067 130, 197 147, 005 224, 948 21, 645 121, 254 147, 291 197, 863 26, 759 132, 663 144, 471 186, 055 31, 771 160, 095 155, 928 190, 185 39, 123 101, 465 135, 368 212, 798 24, 777 139, 417 151, 469 201, 212 32, 812 +20.7 +7.9 +2.2 +23.1 +14.8 +2.9 -5.5 +19.2 253, 056 -4.3 225, 330 223, 214 42, 132 136, 577 2.95 217, 150 213, 550 45, 710 129, 237 2.95 212, 384 213, 778 43, 534 131, 769 2.75 209, 176 210, 288 42, 190 104, 964 2.75 22, 010 223,954 38, 914 121, 806 2.75 196, 690 193, 748 45, 252 111, 163 2.68 221, 270 224,082 42, 470 117, 388 42.73 +6.1 +6.5 -7.8 +16.0 0.0 +0.3 -0.1 -8.4 +3.8 +0.7 2, 050, 184 2, 194, 244 2, 054, 116* 2, 202, 472 +7.0 +7.2 1, 111, 554 1, 157, 702 +4.2 142, 166 158, 601 161, 156 162, 972 140, 516 163,037 147, 584 153, 865 139, 259 162, 545 151, 144 161,063 136, 167 161, 387 163, 089 139, 720 143,148 168,860 135, 662 137, 670 167, 515 145, 088 +5.1 +4.6 +5.5 +22.7 172,603 121,594 124, 889 145, 082 110, 688 +23.5 +19.0 1,263,098 1, 403, 173 1, 252, 902 1, 549, 582 1,283,214 « 1, 448, 660 1, 201, 479 1, 511, 603 +11. 1 +23.7 +12.9 +25.8 141, 521 161, 108 142, 690 161, 824 136, 564 4137,259 162, 740 160, 031 146,411 168,821 128,030 124, 874 142, 641 139,051 +6.7 +3.7 +2.6 +21.4 1,262,991 1,252,858 1, 401, 652 1, 545, 689 +11.0 +23.4 1,526 141, 889 1,902 150, 778 1,206 1,413 149, 935 4 143, 524 1,403 159,509 i 1,869 116, 278 1,784 124, 529 -0.7 +11.1 -21.4 +28.1 17, 849 1,142,029 17, 163 1, 421, 849 -3.8 +24.5 18, 852 11, 795 115, 714 32, 391 3.50 16, 524 12, 963 152, 295 31,811 3.50 19, 098 15, 624 165, 229 36, 316 3.50 4 18, 026 14, 684 170,543 36, 863 3.50 14,633 15,302 27, 281 22, 864 159, 926 31,054 3.70 20, 446 21, 423 144, 333 33, 261 3.70 -18.8 +4.2 -28.4 -28.6 0.0 -5.4 491 88 606 108 587 135 805 135 695 117 977 157 5 5, 867 8 1, 196 8 5, 877 s 1, 189 +0.2 -0.6 12,946 12, 432 97 11, 638 9,578 91 13, 288 12, 625 94 12, 682 12, 096 101 12, 562 12, 973 96 13,496 12,654 107 121, 901 118, 540 123, 722 118,662 +1.5 +0.1 70,753,324 1, 687, 922 76,575,526 1, 887, 884 +8.2 +11.8 1, 690, 259 1, 875, 747 +11.0 1, 604, 522 1,683,105 1, 787, 672 1, 874, 243 +11.4 +11.4 5 5 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, sulphite dolls, per 100 lbs_ Newsprint Paper Production: United States short tons Canada short tons Consumption . . short tons Imports short tons Shipments: United States short tons Canada, ... short tons Exports: United States short tons Canada _ ..short tons.. Stocks, end of month: At mills— United States ...short tons._ Canada short tons.. At publishers short tons In transit to publishers short tons.. Price, roll, f. o. b .dolls, per 100 lbs._ i 3.50 Printing Book publication: American manufacture no. of titles Imported no of titles Sales books: New orders _ _ thous of books Shipments __ thous. of books Printing activity weighted index number.. Box Board Operation inch hours 9,036,327 Production tons 218, 555 Operation per ct . of capacity. 108.1 Orders received tons.. 238, 836 Unfilled orders, end of month tons_. 109,437 Consumption of waste paper tons.. 208, 728 Shipments _ tons 212, 741 Stocks, end of month tons.. 57, 416 Stocks of waste paper, end of month: On hand tons.. 136, 380 In transit and unshipped purchases... tons. _ 57,820 1 Quarter ending in month iiidicated. 8,468,983 204, 848 * 106. 1 4 215, 790 4 121, 970 4196,250 4203,257 456,401 8,933,579 9, 097, 544 222, 245 225,937 4 106. 9 108.8 215, 102 4207,230 4 109, 245 100, 765 4 216, 017 206, 593 4 220, 534 223, 581 4 57, 559 59, 915 4 142, 813 4 192, 635 60, 391 456,685 116,329 70,311 * R e vised. 11,719 12,814 8, 152, 403 8,438,784 204,492 198, 749 100.9 102.2 191,840. 207,178 109, 191 101,987 190,779 i 188,720 213,019 202, 599 51,699 46,054 155, 476 49, 587 -7.6 +5.9 -13.2 +1.3 168,505 48,911 5 Nille months' cumulative, ending Sept. 30. 32 TREND OF BUSINESS MOVEMENTS—Continued 1926 The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August , 1926, "Survey" PER CENT INCREASE (+) OR DECREASE (— ) 1925 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH OCTOBER 31 Per ct. increase or<•# decrease (-) cumulative 1926 from 1925 June July August September October September October Oct., 1926, from Sept., 1926 Oct., 1926, from Oct., 1925 1925 1926 111,786 67,920 100,607 64, 524 108, 656 67,750 110, 829 67,073 113,046 62,378 103, 772 64,064 111,036 64, 705 +2.0 -7.0 +1.8 -3.6 1,071,380 1, 113, 260 +3.9 88 88 83 6 83 84 81 6 87 81 89 9 90 89 85 9 92 94 85 8 72 77 67 7 77 80 77 7 +2.2 +5.6 0.0 -11.1 +19. 5 +17.5 +10.4 +14.3 92 88 86 12 88 87 91 13 94 91 92 13 96 95 88 12 99 100 99 13 90 87 88 12 94 93 94 11 +3.1 +5.3 +12.5 +8.3 +5.3 +7.5 +5.3 +18.2 87, 391 72, 019 84, 142 67, 642 92, 546 66, 211 4 88, 381 4 64, 405 91,547 62, 363 89, 076 93, 481 99,916 86, 495 +3.6 -3.2 -8.4 -27.9 908, 778 887,488 -2.3 36, 780 53, 675 36, 489 52, 104 36, 488 53, 528 36, 751 53, 843 37, 756 51, 609 35, 750 49, 558 41, 235 49, 923 +2.7 -4.1 -8.4 +3.4 373, 618 385, 348 +3.1 103, 594 84, 146 98, 006 81, 963 97, 525 77, 675 99, 837 74, 592 106, 097 68, 349 102, 195 63, 989 107, 891 61, 551 +6.3 -8.4 -1.7 +11.0 1, 009, 953 1,024,558 +1.4 700, 272 < 664, 608 * 699, 117 354, 026 * 343, 369 4 345, 578 697, 902 337, 853 651, 136 350, 072 700, 232 329, 174 55,819,009 5 6, 212, 529 +6.8 .thous. of sq. f t _ _ thous. of sq. f t _ _ thous. of sq. ft_. 387, 650 302, 622 85, 028 403, 386 316, 039 87, 347 441, 593 348, 835 72, 758 441, 372 354, 798 86, 574 476, 543 386, 104 90, 439 370, 315 290,698 79, 617 422, 548 341, 384 81, 164 +8.0 +8.8 +4.5 +12.8 +13.1 +11.4 per cent of normal. . per cent of normal - _ per cent of normal, _ 77 77 78 77 78 75 82 83 79 81 83 76 87 89 81 81 82 79 88 90 81 +7.4 +7.2 +6.6 -1.1 — 1.1 0.0 PAPEE AND PRINTING— Continued Other Paper Book paper, total: Production short tonsStocks, end of month.. _ .short tons.. Coated book paper: Production per ct. of normal.. Shipments. .-per ct. of normal production. _ Orders per ct. of normal production.. Unfilled orders, end of month days_. Uncoated book paper: Production -- per ct. of normal _. Shipments per ct. of normal production. . Orders per ct. of normal production-Unfilled orders, end of month days._ W rapping paper: Production short tons Stocks, end of month short tons_. Fine paper: Production short tons . Stocks, end of month. short tons.All other grades: Production -- short tons Stocks, end of month short tons._ Total paper (incl . newsprint and boxboard) : Production short tons_. Stocks, end of month short tons_. Paperboard Shipping Boxes Production: Total Corrugated Solid fiber Operating activity: Total Corrugated Solid fiber 3, 450, 264 2, 686, 310 769, 894 4, 007, 322 3, 217, 040 850, 282 +17.9 +19.8 +10.4 894, 194 117, 349 902, 573 132, 391 +0.9 +12.8 52, 977 53, 803 s 10, 834 s 11, 709 3 1, 369, 429 51,401,575 +1.6 +8.1 +2.3 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.. 123 127 138 137 133 133 138 -2.9 -3.6 93, 003 13, 591 98.1 97, 756 12, 277 101.9 94, 911 10, 549 74.1 93, 804 10, 896 65.4 89, 802 13, 123 68.9 86, 448 10, 997 50.7 102, 058 14, 034 84.6 -4.3 +20.4 +5.4 -12.0 -6.5 -18.6 4,318 1,277 166, 738 3,793 1,143 160, 732 8,932 1,348 151,418 8,169 1,421 146, 717 7,273 8,497 1,510 149, 156 7,079 1,429 165,375 -11.0 +2.7 195 196 197 197 196 196 194 193 192 192 192 193 194 195 — 1.0 -0.5 — 1.0 -1.5 BUILDING CONSTRUCTION AND HOUSING Rental advertisements: Minneapolis, Minn ... _ number. Portland Oreg number Real estate conveyances (41 cities) .-.number.. Building Costs (Index Number) Building materials: Frame house, 6-room, 1st of month Brick house, 6-room, 1st of month Concrete factory costs (Aberthaw), 1st of following month Building costs (Engineering News Record] 1st of following month.. , Construction index: Frame -.index number Brick, wood frame index number.. Brick, steel frame index number.. Reinforced concrete index number. . 199 198 197 197 197 194 194 0.0 + 1.5 208 208 208 210 211 205 206 +0.5 +2.4 203 213 200 201 203 213 197 200 203 213 198 200 203 213 197 200 204 213 198 201 200 210 199 200 201 210 199 201 +0.5 0.0 0.5 0.5 +1.5 +1.4 -0.5 0.0 10, 704 9,209 34, 999 5,876 12, 438 6,918 39, 829 5,196 14, 171 6,290 40, 183 4,588 11,141 6,613 41,814 3,404 13, 262 8,643 46, 790 4,744 12, 228 7,231 52, 238 3,937 -21.4 +5.1 +4.1 -25.8 -8.9 -8.5 -20.0 -13.5 126, 253 54, 516 441, 922 52, 137 122, 024 66, 236 420, 204 44, 834 -3.3 +21.5 -4.9 -14.0 4,901 66, 004 7,207 72, 220 6,303 71,897 5,768 69, 316 8,270 86, 167 5,418 82, 577 -8.5 -3.6 +6.5 -16.1 61, 343 746, 731 55, 380 713, 355 -9.7 -4.5 65, 347 59, 703 177, 646 40, 874 78, 236 64, 049 213, 624 40, 906 95, 352 48, 836 219, 910 32, 953 61,219 45, 740 218, 982 23, 076 80, 171 43, 298 250, 417 35, 217 55, 912 63, 316 262, 726 28, 192 -35.8 -6.3 -0.4 -30.0 +9.5 -27.8 -16.7 -18.1 706, 567 380, 100 2, 181, 647 359, 511 736, 065 539, 415 2, 156, 539 311,613 +4.2 +41.9 -1.2 -13.3 48,374 109, 436 501, 380 33, 865 58, 153 119, 078 574, 046 31, 696 56, 825 90, 652 544, 528 20, 760 49, 837 100, 512 499,366 59, 445 79, 668 548, 217 29, 746 43, 376 66, 007 519, 528 29, 648 -12.3 +10.9 -8.3 +14.9 +52.3 -3.9 482, 082 470, 024 736, 783 895, 534 4,5 846, 689 5, 109, 187 208, 677 6 280, 865 -2.5 +21.5 +5.4 +34.6 31, 723 27, 833 Building Contracts and Losses Contracts awarded, floor space (36 States) : Commercial buildings thous. of sq. ft.. 12, 015 Industrial buildings thous. of sq. ft.. 5,610 Residential buildings thous. of sq. ft.. 44, 154 Educational buildings thous. of sq. ft.. 5,635 Other public and semipublic buildings thous. of sq. ft 5,938 Grand total thous. of sq. ft 73, 802 Contracts awarded, U. S., value (36 States): Commercial buildings thous. of dolls.. 66, 064 Industrial buildings thous. of dolls 53, 725 Residential buildings thous. of dolls.. 224, 771 Educational buildings thous. of dolls.. 38, 845 Other public and semi47, 798 public buildings thous. of dolls Public works and utilities-. thous. of dolls,. 91, 809 Grand total thous. of dolls. . 523,011 Contracts awarded, Canada thous. of dolls.. 54, 186 Fire losses: United States and Canada. thous. of dolls.. 28, 676 » Revised 19, 309 14, 877 25, 396 23. 991 -23.0 -38.0 « N ine month s* cumulat ve, ending Sept. 30 299, 906 322, 528 +7.5 33 TREND OF BUSINESS MOVEMENTS—Continued 1926 The cumulative* shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the Aunust, 1926, "Survey" June July August PER CENT INCREASE (+) OR DECREASE (— ) 1925 September October September October Oct., 1926, from Sept., 1926 Oct., 1926, from Oct., 1925 -1.5 -0.3 -3.2 -0.6 +17.1 -28.6 +1.5 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH OCTOBER 31 Perct increase (+) or decrease (-) cumulative 1926 from 1925 1925 1926 -9.0 -7.8 -15.7 -12.8 +0.4 -99.9 -8.2 4, 808, 175 4, 740, 791 4, 780, 050 4, 509, 989 4, 659, 713 4, 649, 513 -6.2 -1.7 -2.7 580, 274 136, 270 475, 355 19, 722 -18.1 -85.5 +7.4 +1.0 -3.1 -62.7 -35.8 +4.1 -6.0 -13.8 -6.8 -59.1 -3.8 +4.0 5, 416, 982 5, 601, 414 5, 543, 219 491, 379 271, 557 5, 398. 631 5, 494', 872 5, 523, 075 583, 524 453, 280 -0.3 -1.9 -0.4 +18.8 +66.6 -0.8 -8.5 +13.2 +18.1 +48.8 -8.2 +8.5 +30. 2 435, 815 388, 978 378, 751 427, 151 398, 820 430, 180 -2.0 +2.5 +13.6 s 1,037,963 s 1,163, 727 5 920, 933 6 1,072, 305 +12.1 +16.4 LUMBER PRODUCTS Softwood Lumber Southern pine: Production (computed) M ft. b. m__ 449, 745 449, 794 446, 163 448, 293 441, 419 481, 936 484, 840 Shipments (computed) M ft. b. m.. 469, 108 471, 819 467, 317 458, 749 457, 297 491, 568 496,022 Orders (computed) M ft. b. m 501, 395 511, 706 435, 126 460, 685 499, 991 445, 502 431, 254 Stocks, end of mo. (computed) _M ft. b. m.. 1, 086, 086 1, 070, 179 1, 055, 408 1, 052, 000 1, 045, 688 1, 181, 906 1, 199, 328 49, 122 Exports, lumber M ft. b. m 43, 993 48, 932 48, 992 41, 951 44, 790 46, 141 Exports, tirnbei" M ft b. rn 5 271 71 85 117 10, 723 9,343 Price, flooring dolls, per M ft. b. m 43.17 42.89 43.54 46.42 47.41 44.63 42.88 Douglas fir: Production M ft. b. m _ 560, 455 491, 965 515, 690 525, 091 564, 036 568, 960 600, 295 Shipments (computed) M ft. b. m__ 577, 913 508, 975 526, 434 512, 556 517, 928 575, 227 600, 743 New orders M ft. b. m . 573, 884 532, 253 481, 221 528, 224 511, 661 564, 484 549, 264 Exports, lumber M ft. b. m__ 65, 340 25, 137 49, 225 67, 380 44, 531 53, 822 61, 457 32, 708 Exports, timber M ft. b. m _ 65, 518 36, 065 50, 983 27, 078 34, 014 58, 747 16.50 17.16 Price, No. 1 common.dolls. per M ft. b. m.. 16.55 16.49 16.50 16.50 16.97 Price, flooring,d 1 x 4 , "B" and better V G M ft b m 38.50 37.91 41.00 41.45 39.47 39.27 38.23 California redwood: 39. 451 Production (computed) M ft. b. m_40, 404 30, 762 35, 749 40, 463 44, 089 47, 448 39, 742 Shipments (computed) M ft b. m 40, 448 < 38', 620 37, 702 49, 418 36, 641 33, 639 49, 886 Orders received (computed) _ _ _ M ft. b. m._ 42, 530 34, 135 45, 978 38, 328 33, 516 33, 657 California white pine: Production M ft b m 169, 420 154, 409 167, 244 171, 168 160, 740 164, 357 129, 970 145, 665 Shipments M f t b. m - 133, 923 123, 414 127, 671 126, 708 605, 169 641, 152 Stocks end of month M ft b m 659, 855 606, 335 659, 098 679, 154 Western pine: Production (computed) M ft. b. m__ 180, 746 175, 363 175, 005 44 157, 977 161, 714 173, 285 175, 843 151, 440 140, 480 Shipments (computed) M ft. b. m _ _ 154, 785 172, 648 186, 740 175, 618 161, 565 Stocks, end of mo. (computed). M ft. b. m_. 1, 170, 478 1, 180, 321 1, 165, 752 41,154,950 1, 125, 568 1, 037, 717 1, 071, 835 North Carolina pine: Production (computed) M ft b m 45, 136 62, 538 48, 888 48, 524 63, 504 46, 347 Shipments (computed) _..M ft. b. m_. 43, 631 55, 979 51, 352 47, 670 49, 490 47, 033 Northern pine: Lumber52, 296 45, 825 Production M ft b m 45, 528 40, 859 38, 491 51, 571 51, 549 51, 972 50, 396 50, 465 49, 890 55, 485 Shipments M ft. b. m _ 56, 490 48, 323 50, 690 41, 460 42, 994 Orders received M f t b. m 50, 389 46,204 49, 856 46, 783 LathProduction M f t b. m 15, 728 13, 050 12, 144 10, 029 15, 944 13, 127 9,284 9,796 18, 348 16, 942 9,846 11, 194 9,881 Shipments - M ft. b. m _ 13, 422 Northern hemlock: Production M ft. b. m__ 21, 582 16, 229 19, 905 29, 207 28, 500 23, 219 Shipments M f t b. m 25, 107 22, 109 19, 265 21, 622 21, 738 23, 027 +2.4 -8.0 -2.5 -8.0 +15.0 +5.0 1, 550, 327 1, 421, 531 « 484, 785 s 468, 167 +28.0 +4.3 -10.3 1, 523, 319 1, 538, 356 6 -1.7 +8.2 441, 133 5 440, 160 -9.0 -6.0 +35.9 -9.2 -16.8 508, 305 462, 423 420, 707 435, 002 474, 390 443, 097 -14.4 +2.6 +5.3 +30.1 +40.6 -0.9 -0.5 131. 947 102, 981 114, 223 120, 805 -13.4 +17.3 177, 668 161, 020* 165, 599 178, 425 -6.8 +10.8 38, 750 33, 680 27, 784 32, 830 -28.3 -2.5 Hardwood Lumber Walnut lumber: Production _ Mft. b. m__ Shipments M ft. b. m . Stocks end of month M ft b m Walnut logs: Purchased M ft. log measure-Made into lumber and veneer M f t . log measure. _ Stocks, end of month M ft. log measure _ All hardwoods: Production (computed) M ft. b. m_. Shipments (computed) M ft b m Orders (computed) M ft. b. m Total stocksTotal hardwoods -M ft. b. m Gum__ M ft. b. m._ Oak M ft. b. m . Unsold stocksTotal hardwoods M f t b. m Gum . _ _M ft. b. m _ Oak M ft. b. m Unfilled ordersTotal hardwoods M ft b m Gum M ft. b. m Oak M ft b m 3,043 3,074 16, 992 2,134 3,057 15, 463 2, 610 3,022 15, 096 2,640 2,806 13, 930 2,320 3,688 12, 503 3,363 3,287 20, 688 3,243 3,066 20, 858 -12.1 -28.5 +31.4 +20.3 -10.2 -40.1 3,417 2,399 2,361 1,991 1,833 2,897 1,842 -7.9 -0.5 30, 947 25, 394 -17.9 2,803 2, 961 2,168 3,193 2,439 3,093 2,619 2,237 2,143 1,941 2,879 4,770 2,378 3,930 -18.2 -13.2 -9.9 -50.6 30, 494 24, 561 -19.5 95,000 84,000 92, 000 94, 000 91,000 92, 000 94, 000 97, 000 93,000 94,000 93,000 105, 000 93, 000 101, 000 100, 000 78, 000 83,000 96, 000 73, 000 93, 000 98,000 820, 714 235, 525 259, 965 819, 196 232, 729 269, 228 824, 661 223, 865 273, 426 893, 104 222, 502 301, 830 884, 608 224, 008 301, 135 761, 818 222, 577 228, 742 783, 401 226, 808 243, 417 -1.0 +0.7 -0.2 +12.9 -1.2 +23.7 640, 937 175, 186 199, 732 641, 713 166, 894 210, 390 642, 551 165, Oil 215, 312 685, 439 163, 108 230, 752 673, 856 164, 309 227, 982 608, 554 171, 838 178, 850 619, 997 170, 786 193, 980 -1.7 +0.7 -1.2 +8.7 -3.8 +17.5 210, 850 73, 617 68, 836 206, 584 73, 191 67, 198 207, 768 70, 279 63, 942 233, 189 69, 822 76, 661 242, 254 73, 184 82, 185 176, 217 60, 712 56, 688 188, 400 67, 143 55, 712 +3.9 +4.8 +7.2 +28.6 +9.0 +47.5 -2.9 Production, 10 species . _ -M ft. b. m 2, 583, 349 2, 443, 684 2, 413, 655 42,491,837 62,420,000 2, 738, 842 2, 835, 311 -4.6 26, 545, 920 25, 082, 743 Exports, planks, joists, etc M ft. b. m._ 178, 197 142, 895 156, 875 163, 301 121, 116 138, 044 170, 376 -25.8 -28.9 1, 590, 016 1, 610, 220 Retail yards, Minneapolis district: 4 4 Sales M ft b m 22, 543 20, 664 20, 611 20, 268 16, 483 20, 799 21, 859 +25.4 178, 623 160, 981 -5.5 Stocks, end of month M ft. b. m 112, 412 94, 830 -7.2 109, 909 109, 822 4 102, 183 -9.6 111, 953 4 104, 849 Composite lumber prices: Hardwoods dolls per M ft. b m 40. 93 41.61 39.95 39.95 40.96 40.54 -0.1 +1.0 40.58 Softwoods dolls, per M ft. b. m._ 30.22 30.21 29.93 29.90 +1.3 30.28 -0.2 30. 35 30.35 d See table on p. 16 of the November, 1926, issue for earlier data. 5 Nine months' cumulative, ending Sept. 30. * Revised. -90.5 +1.3 -1.1 +27.4 +8.6 +8.6 -4.8 +2.0 Total Lumber -9.9 34 TREND OF BUSINESS MOVEMENTS—Continued 1926 The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the Augustf 1926, "Survey" 1925 August September October September October Oct., 1926, from Sept., 1926 Oct., . 1926, from Oct., 1925 8,329 10, 414 28, 557 8,963 8,755 11,316 13, 911 31, 546 11, 155 9,987 12, 034 13, 194 31, 131 9,720 9,606 11, 616 11,961 31,314 7,115 8,580 9,292 10, 704 22, 750 9,766 9,980 10, 720 9,439 23, 728 7,916 8,219 -3.5 -9.3 +0.6 -26.8 -10.7 44, 056 46, 035 59, 737 45, 302 41, 744 44, 789 46, 259 56, 450 47, 545 39, 260 46, 396 47, 756 54, 325 49, 756 43, 329 47, 201 47, 270 53, 469 41, 777 39, 237 45, 056 42, 859 55, 273 37, 767 35, 578 45, 922 45, 630 38, 372 39, 968 52, 729 49, 498 49, 686 39, 921 40, 094 44, 793 41, 695 48, 025 40, 831 68, 891 54, 218 74, 240 63, 266 78, 590 63, 560 72, 215 62, 301 69, 157 22 28 26 42 29 27 31 34 31 33 June July 8,624 9,334 30, 290 9,949 9,317 Per ct. increase ( or1? decrease (-) cumulative 1926 from 1925 CUMULATIVE , TOTAL - FROM JANUARY 1 THROUGH ^OCTOBER 31 PER CENT INCREASE (+) OR DECREASE (— ) 1925 1926 +8.4 +26.7 +32.0 -10.1 +4.4 86, 863 86, 831 95,932 +10.4 98,977 j +14.0 85, 228 87,197 +2.3 -4.5 -9.3 +3.4 -9.6 -9.3 -9.0 -13.7 +38.5 -5.8 -20.6 433, 846 432, 808 455,535 ; 438,074 j +5.0 +1.2 420, 328 413, 909 -1.5 60, 852 73, 625 +0.5 -8.1 +4.5 -1.9 447, 703 507, 229 +13.3 29 34 33 32 0.0 -2.9 -6.1 +3.1 LUMBER PRODUCTS-Continued Flooring Maple flooring: Production M ft b m Shipments M f t b. 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 Shipments M ft. b. 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 Household furniture and case goods: Shipments dolls., average per firm.. Unfilled orders dolls., average per firm.. Grand Rapids district: Shipments No. of davs' production _. New orders No. of days' production Unfilled orders, end of month .No. of days' production Oustanding accounts, end of month No of davs' sales Cancellations per cent of new orders . Plant operation. .per cent of full time.. Piano benches and stools: New orders dollars Unfilled orders, end of month dollars.. ShipmentsValue. _ .. _ dollars _ Quantity _ pieces 60 72 68 65 62 68 68 4 6 -8.8 47 11.0 100 46 5.0 97 55 7.0 100 60 7.5 100 61 13.5 102 64 5.5 94 59 9.0 100 +1.7 +80.0 +2.0 +3 4 +50.0 +2.0 8,332 1,897 8,231 2,511 10, 101 3,408 15, 524 6,651 16, 489 6,637 18, 003 7,042 5 99, 920 9,878 11, 153 7,604 9,979 9,017 11, 875 12, 061 16,600 13, 892 17, 789 17, 559 20, 963 5 96, 294 s 118, 428 s 89, 450 8 109, 003 71 -8.0 3,605 3,936 3,696 3,406 3,824 3,456 4,121 3,893 4,571 4,974 5,512 4,832 3,443 4,437 4,708 4,672 6,628 7,518 344 208 227 172 248 172 220 251 7,398 7,005 7, 335 7,127 -0.9 +1-7 s 1, 447, 835 5 1, 251, 955 -13.5 5 101, 717 I +1.8 Plywood and Veneer Plywood: Bookings thous. of sq. ft. of surface.. Shipments thous. of sq. ft. of surface.. Unfilled orders, end of month thous. of sq. ft. of surface Rotary-cut veneer: Purchases number of carloads.. Receipts number of carloads. . 111 184 —49.5 -26.7 Barrel Headings Circled headings for wooden barrels: Production (rough) Shipments (finished) .. _ Sales (finished) Unfilled orders, end of month Stocks on hand, end of month sets.. 790, 622 997, 792 1, 213, 395 1, 403, 392 862, 800 sets 813, 932 814, 754 916, 242 895, 528 965, 924 sets.. 699, 165 847, 249 653,905 1, 293, 273 1, 159, 314 sets 1, 853, 831 1, 832, 283 1, 711, 747 2, 184, 084 2, 753, 279 sets.. 2, 676, 208 2, 578, 671 3, 070, 079 3, 545, 455 2, 993, 355 233, 600 835, 810 617, 514 1, 388, 971 2, 730, 882 -38.5 4-7.9 - 10. 4 +26.1 -15.6 +269. 3 +15.6 +87.7 +98.2 +9.6 -4.9 +19.3 2.3 -11.8 -8.5 +32.3 +23.1 -4.4 STONE, CLAY, AND GLASS PRODUCTS Clay Products Face brick, averages per plant: Production thousands.. Shipments. . _ thousands Stocks, end of month thousands Unfilled orders, end of month. .thousands.. Common brick: Stocks, end of monthBurned thousands Unburned thousands.. Shipments .thousands.. Unfilled orders, end of month. .thousands.. Plants closed down. . number Price, red, New York dolls, per thous ._ Paving brick: Production, actual thousands Shipments _. __ thousands Stocks, end of month ..thousands.. Orders received _ thousands Cancellations thousands. _ Unfilled orders, end of month. .thousands.. Operations relative to capacity.. .per cent.. Vitreous china plumbing fixtures: Orders received __ .pieces.. Shipments _ pieces. . Unfilled orders, end of month pieces,. Stocks, end of month .pieces.. 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. of sq. ft.. Architectural terra cotta, bookings: Quantity net tons Value thous. of dolls.. * Revised. 836 895 2,028 1,130 859 823 2,040 1,147 855 780 2,011 985 792 722 2,132 979 193, 246 46, 310 149, 170 220, 078 2 17.00 218, 348 58, 652 140, 623 234, 164 5 17.00 249, 271 59, 103 135, 090 211, 141 26, 342 30, 312 115, 971 35, 451 3,396 75, 283 63 27, 611 37, 443 101, 243 41, 761 392 78, 947 71 345, 486 317, 832 500, 748 542, 292 • 5,646 5,406 2,015 8,276 10, 581 1.378 753 861 2,084 863 723 681 1,522 929 823 651 1,693 903 17.00 284, 021 67,658 118, 537 216, 289 18 16.00 15.50 338,857 104,066 171,830 252, 511 12 14.75 306,588 86, 164 172, 542 262,534 18 14.75 -3.1 +5.1 30, 481 34, 803 92, 479 34, 266 1,261 77, 147 78 25, 385 31, 330 82,220 24, 663 128 70,350 66 23, 224 26, 852 70,857 20,712 255 62, 474 61 30,072 29,773 104, 286 31,925 2,362 63, 702 78 28,935 28, 482 99, 567 19, 021 3,262 51, 161 74 -8.5 -14.3 -13.8 -16.0 +99.2 11 2 -7.6 -19.7 -5.7 -28.8 +8.9 -92.2 +22.1 -17.6 278, 771 280, 956 491, 629 525, 044 381, 27? 276, 215 580, 306 515, 565 242, 589 295, 886 527, 009 488, 023 159, 976 265, 003 421, 982 514, 265 195, 972 248, 511 397, 269 342, 495 225, 287 250, 803 371, 753 388, 643 -34.1 -10.4 -19.9 +5.4 -29.0 +5.7 + 13.5 +32.3 5,716 5,401 2,048 8,725 4 5, 708 5,885 2,196 8,473 5,304 5,625 2,069 8,258 5,092 5,178 1,892 * 6, 677 5,313 5,470 2,029 6,606 17, 613 2.165 12, 734 1.491 11, 519 1.247 6 i : 15, 152 12, 341 +31.5 +22.8 18, 550 1.579 2. 156 1.607 +26.6 -1.7 ; Nine months' cumulative, ending Sept. 30. 288,603 226, 693 238,783 231, 005 -17.3 +1.9 243, 733 251, 750 +3.3 5 38, 166 s 38, 177 5 13, 681 5 48, 300 5 45, 686 s 17, 008 +26.6 +19.7 +24.3 139, 423 16. 738 138, 562 16.884 -0.6 4-0. 9 35 TREND OF BUSINESS MOVEMENTS—Continued 1926 The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" PER CENT INCREASE (+) OR DECREASE (— ) 1925 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH OCTOBER 31 Per ct. increase (+) or decrease (-) cumulative 1926 from 1925 September October September October Oct., 1926, from Sept., 1926 Oct., 1926, from Oct., 1925 1925 1926 16, 571 18, 087 14, 195 16, 596 17, 486 13, 305 15, 939 17, 711 10, 247 15, 992 15, 309 10, 979 +0.2 -3.3 -6.3 +3.8 +14.2 +21.2 136, 833 139, 620 138, 872 143,953 +1.5 +3.1 1.65 1.75 1.65 1.65 1.65 1.65 1.75 1.75 1.70 1.75 0.0 0.0 -2.9 -5.7 10, 856 5,663 13, 249 6,594 8,378 8,736 7,528 4,224 9,730 4,087 6,135 3,711 -10.1 +13.1 +22.7 +13.8 95, 436 59, 729 94, 911 54, 385 -0.6 -8.9 22, 709 1,341 10, 961 13, 520 605 11,100 19, 275 890 11, 147 ' 15, 222 668 11, 309 22,395 1,177 12, 186 12, 255 535 12, 187 5 156, 282 5 7, 532 5 111, 143 5 136, 500 5 6, 275 5 98,542 -12.7 -16.7 -11.3 12, 525 10, 748 11, 274 11, 431 10, 297 10, 714 111,809 +14.3 1,988 70.0 1,862 2,288 5,276 8,116 2,016 71.0 1,935 2,117 5,138 7,232 2,038 71.7 1,642 2,022 5, 145 7,640 2, 009 72.2 2,237 2,088 5,054 7,672 1,940 73.8 2,373 2,078 4,295 7,090 2, 206 77.6 2,510 1,962 4,669 7,301 3, 171 41.7 47.9 45.6 1,494 25.0 36. 3 34.5 2,050 29.8 42.8 36.9 3,193 47.0 43.7 46.3 3,707 50.1 45.9 47.8 4,841 51.0 I 50.6 51.9 2.5 4.7 1.8 3.8 1.9 3.5 1.4 3.4 2.3 6.5 2.1 6.5 478 .70 56, 764 29, 451 383 .70 48, 587 17, 455 June July thous. of bbls__ thous. of bbls__ thous. of bbls__ 16, 827 19, 113 18,900 17, 096 18, 786 17, 210 16, 936 18, 536 15, 718 dolls, per bbl__ .dolls, per bbl_. 1.65 1.75 1.65 1.75 10, 750 6,948 August STONE, CLAY, AND GLASS PRODUCTS— Continued Portland Cement Production Shipments Stocks, end of month Wholesale prices: Chicago district Lehigh Valley 4 Highways Concrete paving contracts awarded: Total thous. of sq. yds__ Roads thous. of sq. yds_. Federal aid highways: Completed— Cost . thous. of dolls. _ Distance miles. _ Under construction miles Plate Glass Production, polished _. thous. of sq. ft__ 11, 186 -2.1 +4.4 97, 828 -32.3 0.0 +28.1 +21.3 -32.1 +7.1 -2.2 +62.4 6, 547 7, 795 +19.1 997, 898 214, 468 789, 878 239, 894 -20.8 +11.9 52,437,024 5 3,008,300 52,603,863 53,074,674 +6.8 +2.2 4,909,371 ! 4,910,325 955, 702 951, 642 0.0 -0.4 Glass Containers Actual production: Quantity Relation to capacity Orders and contracts -_ _ Shipments Stocks, end of month Unfilled orders end of month gross.. per cent__ .gross.. gross. _ ._ .gross.. gross _ Illuminating Glassware Production: Total number of turns. . Ratio to capacity per ct. of capacity.. New orders.per ct. of capacity.. Shipments per ct. of capacity __ Unfilled orders, end of month number of weeks' supply.. Stocks, end mo . number of weeks' supply.. 1 CHEMICALS AND OILS Chemicals Sulphuric acid: Exports thous. of Ibs ... 1,154 384 453 598 .75 Price wholesale, 66°, N. Y. dolls .per 100 Ibs .. .75 .75 .75 Nitrate of soda, imports _. .long tons., 12, 225 23, 367 37,096 55, 325 Potash, imports long tons.. 6,013 25, 287 23, 355 27, 522 Acid phosphate: Production short tons.. 257, 131 232, 394 44 240, 185 228, 112 Consumption _ _ short tons.. 68, 792 272, 145 85, 115 104, 645 Stocks end of month short tons 1, 018, 246 1, 147, 998 41, 049,327 1, 232, 210 Fertilizer: Consumption in Southern States short tons.. 55, 572 22, 978 155, 921 45, 479 Exports long tons 90, 998 88, 622 113, 785 97, 701 Dyes and dyestuffs, exports: 269 Vegetable thous. of Ibs.. 217 136 558 Coal-tar thous. of Ibs _. 1,661 2,743 2,449 1,883 Prices: Crude drugs index number__ 206 209 206 206 Essential oils index number. _ 168 155 167 163 Drugs and Pharmaceuticals. index number. . 155 155 155 155 114 Chemicals index number ._ 114 114 113 Oils and fats index number. _ 154 170 165 157 260 .75 47, 503 28, 341 4 4 372,044 241, 390 250, 034 187, 361 1,070,406 1, 686, 223 4 119, 165 73, 384 133, 247 110, 558 117, 572 87, 568 -23.6 -24.9 +1.4 -16.2 162 2,220 236 2,512 334 1,718 +19.1 +18.0 -51.5 +29.2 215 148 156 114 136 196 179 158 113 156 195 191 158 113 158 +2.9 -4.5 +0.6 0.0 -11.7 +10.3 -22.5 -1.3 +0.9 -13.9 1,125 3.25 12, 117 13, 707 20, 882 1,340 2.75 12, 588 13, 899 18, 040 426 2.75 3,169 20, 957 2,211 21, 036 -30.2 +0.4 s 111, 253 s 107, 541 5 109, 485 5 104, 454 -1.6 -2.9 Wood Chemicals Acetate of lime: Production thous. of Ibs 10, 937 Shipments or use thous. of Ibs. 11, 697 Stocks, end of month . thous. of Ibs _ 23, 368 Exports thous. of Ibs _ _ 2,235 Price, wholesale dolls, per cwt. 3.25 Methanol, crude: Production gallons ._ 540, 076 Shipments or use . ._ .gallons.. 753, 481 Stocks, producers', end of month, gallons __ 1, 238, 550 677, 144 Purchased by refiners gallons Consumed by refiners gallons.. 963, 093 Stocks at refineries, end of month. -gallons. . 600, 780 Exports gallons 37, 811 Price, wholesale, N. Y dolls, per gal._ .55 CanadaConsumed . gallons13, 379 Stocks, end of month gallons.. 20, 664 4 Revised. 10, 606 13, 853 20, 171 1,909 3.25 11, 520 13, 432 18, 342 2,902 3.25 11, 143 10, 413 16, 895 1,392 3.25 497, 971 750, 816 987, 783 665, 854 880, 196 279, 202 19, 317 4 .56 555, 023 734, 432 722, 698 611,402 714, 658 351, 409 43, 350 4 .70 572, 397 670, 518 582, 885 675, 671 820, 504 164, 363 38,4779 .76 620, 792 776, 430 151, 326 24, 977 .74 337 33, 827 33, 651 27, 685 31, 853 30, 222 30, 293 i -19.2 +164. 1 0.0 +18.2 4 577, 4 930 612, 886 670, 318 844,475 1,727,270 1, 500, 328 454, 391 681, 985 619,782 907, 452 (1,365,088 1, 064, 365 I 15, 320 19, 558 1 .58 .58 22, 188 19, 889 12, 200 36, 606 14,498 j 16,112 55, 644, 541 55,531,932 55,612,342 5 6,151,915 -8.1 -5.4 -7.9 -35.6 -2.6 9 0 -14.4 -85.8 +27.7 +27.6 +9.2 +147. 7 -4.9 -17.2 fi Nine months' cumulative, ending Sept. 30. +11.1 2 0 +9.6 5, 990, 709 7, 770, 491 324, 495 378, 692 230, 937 +16.7 36 TREND OF BUSINESS MOVEMENTS—Continued 1925 1926 The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926 f "Survey" PER CENT INCREASE (-f ) OR DECREASE (-) June July August September October September October Oct., 1926, from Sept., 1926 Oct., 1926, from Oct., 1925 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH OCTOBER 31 1925 1926 Perct. increase ( or1? decrease (-) cumulative 1926 from 1925 CHEMICALS AND OILS-Continued Wood Chemicals— Continued Methanol refined: United StatesProduced -Stocks, end of month, at refineries gallons. . 652, 692 685, 201 560, 806 663, 251 585, 122 509, 795 673, 308 -11.8 -13.1 _ -gallons. . 512, 606 585, 301 385, 765 344, 629 279, 781 527, 176 516, 437 -18.8 -45.8 58, 465 42, 994 26, 700 44, 303 29, 200 40, 631 21, 185 40, 129 11, 500 32, 443 12, 670 Produced. gallons.. Stocks, end of month gallons .. 76, 108 Wood at chemical plants: Consumption (carbonized) cords _. 61,115 Stocks, end of month cords.. 436, 812 Daily capacity, wood-chemical plants: Total in industry . cords. . 4,535 Reporting cords. . 4,230 657 Shut down . _ ...cords.. 59, 021 451, 006 63, 343 449, 203 62, 579 437, 555 4,535 4,230 4,535 4,230 1,230 830 17, 225 14, 267 +9.4 +153.9 1 -8.3 +25 2 221, 780 5 < 65, 485 620, 944 64, 828 603, 572 4,459 4,051 678 « 4, 659 « 4, 388 969 4,639 4,308 1,095 16, 977 14, 390 8,914 20, 776 17, 338 10, 863 19, 859 18, 021 8,913 21,541 i 21,624 ! 7,411 35, 844 35, 454 33, 020 17, 335 33, 049 33, 414 32, 594 16, 309 4 5, 789, 200 603, 209 « 605, 240 +0. 3 Ethyl Alcohol Production . . thous . of gals . . 17, 391 Withdrawn for denaturation thous. of gals._ 18, 847 Warehouse stocks, end of month -thous. of gals.. 5,734 7,335 i 1 Explosives (Black powder, permissibles, and other high explosives) Production. thous. of lbs_. Shipments thous. of lbs_. Sales thous. of Ibs _Stocks, end of month .. thous. of lbs_. 5 131, 858 « 115, 843 « 140, 861 5 124, 323 +6. 8 +7. 3 5 8 6 307, 847 309, 125 297, 444 * 318, 373 6 319, 696 6 306, 198 +3.4 +3.4 +2.9 253, 714 248,319 -2.1 912, 782 866, 463 -5.1 « 184, 202 6208,852 +13. 4 " j 37, 492 37, 875 35, 568 16, 458 34, 663 34, 973 34, 909 16, 070 38, 023 37, 174 37, 021 16,897 40, 741 41, 098 38, 348 16, 488 42, 503 43, 122 40, 632 34, 918 32, 216 34, 013 26, 367 -7.7 +22.2 36, 532 40, 751 44, 762 49, 798 9,126 58, 929 64, 171 11, 471 57, 601 62, 201 12, 180 57, 370 48, 149 54, 636 15, 992 48, 404 -0.4 +18.5 i Naval Stores Turpentine: Net receipts, southern ports barrels.. Stocks, end of month — At 3 ports barrels... At 5 ports. barrels. . At stills . --.barrels-Price, southern, in barrels, New York dolls, per gaL. Rosin: Net receipts, southern ports barrels. _ Stocks, end of month— At 3 ports . barrels. . At 5 ports barrels.. At stills - - -barrels. . Price, common to good (B), New York - .. dolls, per bbl_. 6,546 .87 .88 .95 .92 .90 1.12 1.13 -2.2 -20.4 137, 584 143, 415 138, 124 118, 868 114, 120 115, 023 100, 264 -4.0 +13.8 112,514 124, 114 51, 585 132, 649 144, 325 61, 997 131, 636 143, 500 61, 892 148, 177 158, 039 69, 387 158, 210 181, 940 197, 015 119, 679 181, 613 +6.8 -12.9 11.19 13.35 14.61 14.43 13.86 14.19 15.88 -4.0 -12.7 26, 218 25,003 23, 547 3,636 26, 938 3,236 23, 272 3,231 23,946 2,556 904 74, 001 541 55, 971 801 55, 095 3,923 32, 057 8,183 +235. 6 52, 179 -8.4 -67. 2 -3.3 49,471 534,903 31, 522 555, 163 -36. +3.& 6,073 2,462 6,222 2,388 3,833 6,447 2,406 4,041 i 1, 440 7, 146 -38.3 -19.0 +66.7 +0.6 5 8, 527 « 10, 932 +28. 2 i 20, 364 * 36, 675 i 20, 603 i 48, 927 -16.2 — 14.4 -1.2 —25.0 s 69, 843 s 72, 262 +3.5, 173, 465 +8.2 Roofing Roofing felt: Production, dry felt - .. --- tons.. Stocks, end of month, dry felt tons_. 3,054 4,051 Fats and Oils * Total vegetable oils: Exports thous. of Ibs.. 868 Imports -thous. of Ibs .. 58, 054 Animal glues, sales:* Total glue thous. of Ibs 6,226 Bone glue thous. of lbs__ 2,351 Hide glue thous. of Ibs 2,875 Edible gelatin: Production thous. of Ibs. . 11 3, 894 Stocks, end of quarter thous. of Ibs 8, 882 Animal glues: Production .thous. of Ibs _ i 24, 289 Stocks, end of quarter thous. of Ibs. . i 42, 842 Oleomargarine: Production thous. of Ibs 17, 922 Ingredients consumed in production1,581 Cottonseed oil ..thous. of Ibs . Coconut oil thous. of Ibs 6,736 Consumption -thous. of Ibs 17, 901 3,612 2,688 50, 449 i 2, 401 7, 191 1 1 16, 445 15, 635 20, 232 19,328 25, 947 5 160, 374 1,373 6,138 14, 704 1,405 6,190 17, 294 1,775 8,127 20, 172 1,893 7,804 20, 057 2,641 10, 206 25, 612 * 16, 696 « 60, 085 183,978 21, 766 +7.9 -15.0 6 5 17, 191 « 68, 294 193, 178 +3.0 +13.7 +5.0- Cottonseed Cottonseed stocks, end of month tons 39, 240 23,576 70, 667 577, 981 1, 146, 792 779, 430 * 1,272,981 +98.4 -9.9 Cottonseed oil: Stocks, end of month thous. of lbs_. 15, 406 8,406 10", 045 104, 778 53, 814 4 ^ 92, 315 +80.2 +13.5 58, 158 21, 682 19, 641 136, 470 284, 229 141,974 234, 556 +108. 3 +21.2 1, 051, 573 1, 184, 810 +12.7 13, 856 Production _ thous. of Ibs Price, yellow, prime, .15 .13 .11 .10 -18.2 -10.0 New York dolls, per lb_. .15 .09 .11 i Quarter ending in month indicated. * Revised. * Nine months' cumulative, ending Sept. 30. * See table on p. 17 of the Sept., 1926, issue for earlier data. * The quarterly figures showing production, consumption, and stocks of fats and oils for the third quarter of 1926 were shown on p. 3 of the Reprint from Commerce Reports of Nov. 15, 1926, and are omitted here for lack of space. 37 TREND OF BUSINESS MOVEMENTS—Continued The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" June July PER CENT INCREASE (+) OR DECREASE (— ) 1935 1926 August September October September October Oct., 1926, from Sept., 1926 Oct., 1926, from Oct., 1925 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH OCTOBER 31 1935 1936 Per ct increase (+) or decrease (-) cumulative 1926 from 1925 CHEMICALS AND OILS— Continued Flaxseed Minneapolis and Duluth: Receipts thous. of buslis Shipments thous. of bushs Stocks, end of month thous. of bushs.. Linseed oil: Shipments from Minneapolis-thous. of lbs__ Price/ New York dolls, per Ib Linseed-oil cake: Shipments from Minneapolis. thous. of lbs._ 5,515 +180. 7 2,593 +81.3 3,302 +266. 7 +11.4 -36.6 -6.1 18,431 7,623 . 13,047 4,942 -29.2 -35.2 17, 769 .13 -17.6 0.0 -34.3 -15.4 135, 923 115, 208 -15.2 33, 958 +39.6 -10.4 223, 643 154, 428 -30.9 -5.0 +87.1 -23.8 -.08 +56.5 +9.8 +3.0 -0.3 290, 896 210, 415 338, 082 191, 863 +16.2 -8.8. -25.8 +304. 0 -22.5 +167. 4 84, 010 118, 814 114,226 156, 426 +36.0 +31.7 130, 497 161, 203 +23.5 49, 799 10, 181 5 344, 165 s 55, 805 5 5360, 985 58,011 +4.9 +4.0 5 74, 986 666 130 1,305 478 362 976 1,029 370 579 2,189 907 846 6,144 1,644 3,102 5,593 1,965 2,453 11, 870 .12 10,282 .12 11, 904 .12 14, 153 .11 11,669 .11 13, 840 .14 6,079 9,210 12, 632 21, 799 30, 436 24, 916 626, 482 212, 719 626, 000 212, 109 626, 000 213, 336 626, 000 213, 336 31, 959 30, 474 76, 960 29, 013 66, 739 19, 437 71, 593 34, 458 81, 780 44, 754 48, 731 24, 625 77, 714 83, 719 37, 137 24, 427 54, 543 58, 366 57, 862 28, 151 49, 651 76, 239 36, 045 24, 508 16, 083 19, 652 28, 995 35, 485 23. 700 30, 719 17, 589 23, 821 9,391 12, 092 4,354 8,910 16, 306 9,541 10, 575 30, 573 15, 876 1.53 1.44 1.42 1.37 1.39 1.36 1.44 1.40 1.56 1.67 1.55 1.64 43, 942 5,523 47, 654 4,694 49, 289 7,323 45, 952 7,143 FOODSTUFFS Wheat Production, monthly estimate: Winter _ thous. of bushs 567, 762 Spring . .thous. of bushs 199, 595 Visible supply, end of month: United States _. thous. of bushs 13, 273 Canada thous. of bushs_. 53,173 Receipts, principal markets. ..thous. of bushs__ 21, 058 Shipments, principal markets.thous. of bushs. _ 15, 748 Exports: United StatesWheat only. thous. of bushs 8,074 Including wheat flour. thous. of bushs _ . 11, 076 CanadaWheat only thous. of bushs_. 27, 792 Prices: No. 1, northern, Chicago. ..dolls, per bush.. 1.53 No. 2, red winter, Chicago-dolls, per bush.. 1.48 3 398, 486 3 270, 879 41, 896 +189. 1 +3.6 +2.9 -27.0 -7.1 -14.6 Wheat Flour Orindings of wheat: United States ( Census) . _ .thous. of bushs. . 37, 251 Canada thous. of bushs.. 7,386 Production: United States, actual (Census) thous. of bbls 8,005 United States, prorated (Russell) . thous. of bbls 9. 631 Canada _ thous. of bbls 1,646 Grain offal, production _ thous. of Ibs 668, 392 Flour mills, capacity operated.. per cent.. 48 Consumption, wholesale (computed) thous. of bbls 8, 864 Stocks, all positions, end of month (computed) ..thous. of bbls 6,500 Exports: United States thous. of bbls.. 667 Canada thous. of bbls.. 1,029 Wholesale prices: Standard patents, Minneapolis ...dolls, per bbl 8.68 Winter straights, Kansas City dolls, per bbl 7.34 9, $70 10, 447 10, 837 9,938 10, 728 11, 189 1,228 768, 231 57 12, 338 1,044 820, 795 62 12, 681 1,634 844, 240 67 12, 501 1,601 833, 270 62 13, 165 2,308 907, 390 61 9,237 10, 257 10, 921 10, 701 12, 655 7,660 8,300 8,500 8,400 7,900 793 978 1, 442 459 1, 560 612 1,385 800 661 1.012 1,022 -11.2 +36.9 5 78, 263 +4.4 « 92, 288 5 90, 383 s 12, 930 5 12, 391 s 5, 994, 860 5 6, 400, 030 +2.1 +4.3 +6.8 5 82, 774 +2.9 9,378 7, 347 +1.5 +4.3 s 80, 466 8.98 7.95 7.73 7.94 8.31 8.26 +2. 7 -3.9 6.81 6.74 6.68 6.94 7.43 7.41 +3 9 6 3 Production, monthly estimate.thous. of bushs.. 2,660,780 2, 576, 936 2, 697, 872 2, 679, 988 2, 693, 963 Exports, including meal thous. of bushs 1,831 1,052 1,158 1,494 1,358 Visible supply, end of month .thous. of bushs.. 32, 279 22, 455 24, 637 18, 999 26, 821 Receipts, principal markets thous. of bushs.. 24, 306 11,482 28, 393 13, 524 13, 748 Shipments, prin. markets thous. of bushs.. 11, 124 8,288 7,267 10, 724 11.001 Grindings (starch glucose) thousl of bushs.. 6,314 6,735 7,057 6,311 6,224 Prices, contract grades, No. 2, Chicago dolls, per bush .72 .78 .81 .80 .80 1,240 5,912 12, 583 8,318 5,902 9,240 5 7, 043 5 Corn 32,900,581 1,292 +42.0 +15.6 2,209 +29.7 12, 881 +109. 9 +120.4 1 8,693 +51.4 +26.6 1 +0.3 7,037 I +11.8 .83 -2.5 -6.0 29, 243 69, 960 6.279 1,501,909 18, 918 69, 216 4,744 -14.6 -0.9 51 2 -24.2 -18.1 -81.9 .40 1,082 .40 1,197 +9.3 +17.5 .92 8, 830 20, 979 +137. 6 176, 007 115,310 57, 278 192, 791 100, 568 65, 071 +9.5 -12.8 +13.6 204, 473 140, 673 -31.2 32, 394 16, 975 -47.6 * 6, 616 57,539 j +14.6 Oats Production, monthly estimate-thous. of bushs.. 1, 334, 260 1,311,159 1, 263, 619 1, 282, 414 1, 282. 414 Receipts, principal markets... thous. of bushs.. 13, 400 23, 078 li 333 9,241 16, 783 Visible supply, end of month .thous. of bushs. . 38, 768 42, 529 49, 732 50, 194 34, 489 Exports, including meal thous of bushs 2, 429 1,762 860 1,028 1,468 Prices, contract grades, Chicago. _ dolls, per bush .41 .43 .47 .42 .40 Orindings, Canada thous. of bushs.. 1,099 652 841 800 Production, oatmeal and rolled oats, Canada thous. of Ibs 9,137 11. 309 14, 893 11. 224 3 3 Final estimate for 1925. Nine months' cumulative, ending Sept. 30. 3 5 81, 437 J 100, 173 ! +23. 0 17. 782 15, 043 f See p. 26, of the November, 1926, issue, for earlier data. 3S TREND OF BUSINESS MOVEMENTS—Continued 1926 PEE CENT INCREASE (+) OR DECREASE (— ) 1925 The cumulatives shown are through October except where otherwise noted. crease (+) or decrease Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" Per ct. in- CUMULATIVE TOTAL FROM JANUARY 1 THROUGH OCTOBER 31 June July August September October September October Oct., 1926, from Sept., 1926 Oct., 1926, from Oct., 1925 (-) 1925 cumu lative 1926 1926 from 1925 FOODSTUFFS— C ontinued Other Grains Barley: Production, monthly est._thous. of bushs.. 190, 959 Receipts, principal 3,104 markets _ thous. of bushs.. Visible supply, end mo., thous. of bushs__ 2, 835 Exports thous. of bushs -. 1,352 Price fair to good, malting, Chicago - .dolls, per busb... .68 Rye: Production, monthly est_.thous. of bushs.. 39, 666 Receipts, principal markets thous . o f bushs . _ 1,202 Visible supply, end mo^.thous. of bushs.. 10, 748 Exports, including flour.. _thous. of bushs.. 1,085 Price, No. 2, Chicago dolls, per bush.. .91 191, 088 195, 204 196, 762 196, 762 1,466 2,299 1,386 5,150 3,581 1,523 6,953 5,008 2,663 4, 445 4,823 939 14, 993 6,036 9,103 6, 445 5,642 3,043 — 36. 1 -3.7 -64.7 -31.0 -14.5 -69.1 .72 .65 .67 .71 .75 .74 +6.0 -4.1 41, 900 41, 900 41. 900 41. 870 802 8,659 2,195 1.04 2,007 9,325 318 1.01 3,900 11,052 2,130 .97 2,688 12, 594 137 1.01 6,639 7,382 1,054 .88 3,304 9,290 127 .84 -31.1 +14.0 -93.6 +4.1 26, 059 39, 512 38, 326 27, 251 30, 668 18, 116 3 218, 002 57, 044 35,284 -38.1 25, 126 11,123 -55.7 -18.6 +35.6 +7.9 +20.2 25, 024 16, 898 -32.5- 28, 742 11,260 -60. & -28.9 +50.4 219, 539 215, 763 —1.7 s 48, 696 Total Grains Total grain exports, inch flour.thous. of bushs.. 17, 773 Rice Southern paddy, receipts at mills __bbls__ Shipments: Total from mills pockets (100 Ibs) . New Orleans _ . pockets (100 Ibs). Stocks end of month pockets (100 Ibs). Exports - - ..pockets (100 Ibs). . Imports- -. . pockets (100 Ibs) .- 105, 923 74, 634 259, 953 1, 147, 507 1, 681, 130 853,330 925, 254 +46.5 +81.7 3, 132, 436 5, 290, 017 +68.9- 351, 292 129, 725 975, 043 37, 618 111,455 278, 871 34,528 767,627 40, 464 88, 159 310,412 717, 070 1,034,736 142, 589 132, 495 259, 205 715, 632 1, 217, 603 1, 879, 502 50, 504 64, 290 101, 707 43, 002 68, 739 25, 957 619,078 135, 778 632, 444 13, 293 24, 409 842, 366 186, 218 751, 680 28, 248 18, 568 +44.3 +22.8 +95.6 +39.2 +54.4 +150. 0 +58.2 +260. 1 -39.6 +39.8 4, 857, 567 1, 230, 554 5, 656, 084 1, 315, 435 +16.4 +6.9 543, 199 584, 924 538, 126 1, 101, 526 -0.9 +88.3 112 1,204 23, 370 1,237 6,248 60, 457 61 3,665 19, 914 1,569 5,986 57,014 87 3,131 14, 775 2,596 4,533 49, 157 * 1, 204 19, 272 21, 846 3,640 3,614 58, 240 6,837 41, 745 34, 920 5,265 4,521 70, 100 1,422 19, 103 22, 763 3,994 2,379 79, 516 % -8.7 +1.0 +7.3 +2.1 +71.3 -8.6 83, 706 207, 913 24, 919 69, 007 701, 722 94,271 194,978 26, 880 74, 707 658, 645 +12.6 -6.2 +7.9 +8.3 -6.1 1,821 658 198 1,168 1,997 776 252 1,171 2,397 1,100 521 1,290 2,674 1,310 693 1,356 2,157 938 427 1,227 2,789 1,348 717 1,450 +11.6 +19.1 +33.0 +5.1 -4.1 -2.8 -3.3 -6.5 19, 731 7,586 3,001 11, 982 19, 567 7,552 2,838 11, 887 -0.8 -0.4 -5.4 -0.8 447, 515 495, 007 2,501 461, 661 465, 917 2, 168 540, 945 536, 285 2,805 545, 988 466, 438 469, 695 2,353 569, 094 563, 086 2,273 +0.9 -4.1 -29.3 -12.7 4,528, 581 4, 703, 547 «4, 051, 134 « 4, 238, 029 22, 785 21, 182 +3.9 +4.6 -7.0 46, 048 41, 697 46, 250 61, 146 | 40, 719 47, 481 +32.2 +28.8 9.42 .160 .162 8.98 .160 .170 10.19 .163 .170 9.89 .170 .162 12.44 .185 .173 11.91 .185 .160 -2.9 +4.3 -4.7 -17.0 -8.1 +1.3 3,143 1,048 72 2,087 2,854 989 49 1,873 2,804 1,084 51 1,711 < 2, 819 * 1, 142 84 1,673 3,261 1,334 129 1,933 2,741 1,092 33 1,645 3,390 1,323 45 2,081 646, 770 521, 083 85, 094 616, 289 470, 705 72, 557 563, 719 498, 315 87, 944 475, 867 537, 320 93, 835 479,917 461, 253 519, 282 102, 152 563, 747 592, 235 81, 321 -18.6 722, 703 796, 245 774, 319 4 619, 909 483, 930 539, 004 429, 861 -21.9 +12.6 602, 176 642, 673 623, 086 4 514, 351 405, 283 467, 378 392, 605 -21.2 +3.2 122, 885 56, 482 133, 702 45, 879 114,803 54, 273 4 97,466 61, 577 94, 270 46, 988 84, 972 60, 646 104, 288 44, 745 -3.3 -23.7 -9.6 +5.0 120, 527 153, 572 151, 233 4 105, 558 78, 647 71, 626 37, 256 13.96 .340 .170 12.98 .351 .165 Other Crops Apples: Cold-storage holdings, end of month thous. of bbls.. Car-lot shipments.. carloads. . Potatoes car-lot shipments carloads __ Onions car -lot shipments carloads Citrous' fruits, car-lot shipments carloads.. Hay receipts tons.. Cattle and Calves Cattle movement, primary markets: Receipts. _ thousands.. 1,871 Shipments, total-. thousands __ 658 Shipments, stocker and feeder. .thousands.. 169 Local slaughter thousands. . 1,217 Beef products: Inspected slaughter product, .thous. of lbs_. 495, 925 Apparent consumption thous. of Ibs. . 498, 764 Exports thous. of lbs._ 2,292 Cold storage holdings, end of month thous. of lbs__ 48, 688 Prices, Chicago: 9.59 Cattle, corn-fed dolls, per 100 lbs_. Beef, fresh native steers _ dolls per Ib. .. .160 .162 Beef steer rounds No 2 _ dolls per lb... 1,984 7,489 +467. 9 41, 324 +116. 6 32, 545 +59.8 5,157 +44.6 2,639 +25.1 76, 687 +20.4 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 lbs_. Apparent consumption thous. of lbs__ Exports thous. of lbs_. C old-storage holdings, total, end of month . thous. of lbs._ Fresh and cured in storage, end of month thous. of Ibs Lard (included in pork products) : Productionthous. of Ibs. . Exports -thous. of lbs._ C old-storage holdings, end of month _.thous. of lbs._ Prices: Hogs heavy Chicago dolls per 100 Ibs Hams, smoked, Chicago dolls, per lb_Lard, prime contract, N. Y. -dolls, per lb._ 3 Final estimate for 1925. 11.85 .329 .156 * Revise i. 12.38 .320 .150 | 76, 906 12.97 .303 i .142 -3.8 +15.7 +0.8 +16.8 +53.6 +186. 7 -7.1 +15.5 +0.9 35, 705 13, 124 394 22, 589 32, 308 -9. 5 12, 379 -5.7 686 i +74. 1 19, 920 | -11.8. 5,942,021 5, 980, 892 « 4,599, 560 5 4,521, 873 i -5.4 1, 035, 558 955, 593 -14.9 1, 216, 519 577, 990 1, 234, 538 592, 798 +1.5, +2.6-. -25.5 +111.1 11.69 +4.8 +10.9 12.88 .283 -5.3 +7.1 . 292 .164 -5.3 -13.4 .178 « Nine nlonths' cuinulative ending Sept. 30. +O.T -1.7 -7.7' I; 39 TREND OF BUSINESS MOVEMENTS—Continued 1926 The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" PER CENT INCREASE (+) OR 1995 DECREASE (— ) 'CUMULATIVE TOTAL FROM JANUARY 1 THROUGH OCTOBER 31 Per ct. increase ( } or tdecrease (-) cumulative 1926 from 1925 August September October September October Oct., 1926, from Sept., 1926 Oct., 1926, from Oct., 1925 1935 1926 1,739 828 260 912 2,277 1,176 567 1,058 3,279 2,124 1,081 1,147 3,090 2,099 1,150 999 2,627 1,619 857 981 3,198 2,287 1,392 945 -5.8 -1.2 +6.4 -12.9 -3.4 -8.2 -17.4 +5.7 18, 780 20, 013 3,638 8, 767 20, 246 10, 683 3,895 9,520 +7.8 -46.6 +7.1 +8.6 37, 935 37, 786 40, 260 40, 134 45, 485 45, 470 43, 892 40, 994 41, 505 41, 701 42, 287 -3.5 +5.3 393, 801 5 353, 480 415, 677 s 371, 893 +5.6 +5.2 1,813 1,928 2, 234 2,797 1,112 1,435 +25.2 +94.9 5.88 14.26 5.87 13.95 5.77 13.78 5.81 13.28 6.19 15.09 6.41 14.81 +0.7 -3.6 -9.4 -10.3 57, 053 58, 557 56, 135 52, 758 52, 550 44, 954 -6.0 +17.4 Production, inspected slaughter.. thous. of lbs_. 1, 182, 513 1, 101, 739 1, 065, 640 1,4 062, 297 1, 069, 797 968, 685 1, 174, 542 747, 587 725, 269 618, 970 521, 984 486, 475 Cold-storage holdings, end mo thous. of lbs._ 705, 720 561, 759 Apparent consumption thous of Ibs 1, 059, 523 1, 003, 498 1, 004, 366 1, 119, 076 1, 030, 482 1, 197, 608 +0.7 -15.7 -8.9 10, 864, 403 11, 100, 116 +7.3 s 9,004, 174 59,130,656 +2.2 June July FOODSTUFFS-Contitmed Sheep and Lambs Sheep movement, primary markets: 1,913 Receipts _ thousands 916 Shipments, total thousands.. 238 Shipments, stocker and feeder. .thousands.. 998 Local slaughter thousands . Lamb and mutton: Inspected slaughter product _ . thous . of Ibs . . 39, 818 Apparent consumption thous. of lbs._! 39, 676 Cold-storage holdings, 1,871 end of month thous of Ibs Prices: 5.31 Sheep, ewes, Chicago dolls, per 1001bs_. 16.13 Sheep, lambs, Chicago. .dolls perlOOlbs.. 4 Miscellaneous Meats Cold-storage holdings, end mo_--thous. of Ibs.. 52, 985 4 Total Meats +0.4 Poultry 24, 579 31, 105 18, 804 27, 507 +26.6 +13.1 44, 771 64, 631 44, 345 53, 787 +44.4 +20.2 24, 414 4 64, 657 23, 762 70, 301 28, 184 55, 44? 21, 186 58, 358 -2.7 +8.7 +12.2 +20.5 840, 065 1, 237, 767 100, 321 130, 796 245, 660 1, 205, 930 1, 100, 958 212, 619 216, 625 +87.8 +13.4 thous. of lbs._ 21,311 20, 974 23, 164 thous. of lbs_. 36, 730 35, 793 38, 634 4 Total catch, prin. fishing ports. _. thous. of lbs__ Cold-storage holdings, 15th of mo-thous. of lbs_. Canned salmon: Shipments United States cases Exports, Canada cases.. 27, 929 31, 345 29, 564 45, 606 32, 043 57, 627 368, 619 19, 208 581, 072 22, 708 Receipts at five markets Cold-storage holdings, end of month 190, 140 215, 228 +13. 2 214, 236 230, 622 +7.6 5 4,062, 169 5 4,333, 866 877, 131 1, 161, 811 +6.7 -24.5 Fish Butter Receipts, 5 markets. ._ Cold-storage holdings, creamery, end of month Apparent consumption Wholesale price 5 markets thous. of Ibs.. 75, 931 68, 393 50, 476 thous. of lbs._ thous of Ibs dolls per Ib 86, 897 185, 795 .409 131, 152 178, 825 .403 138, 151 181, 506 .422 21, 777 45, 385 68, 771 5,908 261 6,667 21, 972 36, 060 90, 053 5,087 309 20, 681 20, 735 36, 542 98, 473 6,520 254 19, 903 54, 069 .209 73, 681 .212 81, 297 .218 2,115 9,133 1,385 9,845 1,083 9,573 4 44, 761 38, 166 45, 005 43, 468 -14.7 -12.2 125, 342 173, 808 .446 100, 589 114, 172 171, 882 .488 94, 916 167, 629 .554 -19.7 +6.0 +3.6 -16.6 .462 4 500,344 502, 700 51,506,396 61,463,854 +0.5 -2.8 Cheese Total, all varieties: Receipts, 5 markets thous. of lbs._ Apparent consumption thous of Ibs Cold-storage holdings thous of Ibs Imports thous. oflbs.. Exports, United States ..thous. of Ibs. . Exports, Canada ..thous. of lbs._ American whole milk: Cold-storage holdings thous of Ibs Wholesale price 5 markets dolls per Ib 4 4 18, 231 43, 705 95, 385 7,449 323 19, 343 89, 446 9,722 252 23, 449 20,520 42, 450 97, 777 5,424 279 22, 646 +5.6 -8.5 21, 029 49, 980 -1.6 90,866 I -6.2 6,819 +30. 5, +42.6 353 -22.0 -28.6 -8.9 25, 748 +21.2 77, 646 .231 72, 243 .240 78,582 .241 71, 913 .252 932 8, 048 699 5,885 930 8,612 19, 252 -7.0 +3.9 +0.5 -4.8 709 ! -25.0 6,322 | -26.9 -1.4 69 -7.8 +2.5 190, 782 s 359, 101 175, 949 5 367, 998 49, 243 8,466 120, 814 57, 283 3,205 102, 422 +16.3 -62. 1 -15.2 14, 418 14, 269 -1.0 Eggs Receipts, 5 markets Cold-storage holdings thous of cases thous of cases Milk Condensed milk: Manufacturers' total stocks — Case goods thous of Ibs ' 36, 734 37, 285 40, 821 Bulk goods thous. of lbs_. 21, 392 23, 136 23, 310 Manufacturers' unsold stocksCase goods thous. of Ibs. _ 30,943 32, 545 31, 931 Bulk goods .thous. of lbs._ 10, 083 9,148 9,138 Exports thous. of Ibs.. 3,472 2,139 3,537 W^holesale price New York dolls per case 5.86 5.87 5.75 Evaporated milk: Manufacturers' total stocks, case goods thous. of lbs._ 169, 533 181, 276 177, 323 Manufacturers' unsold stocks, case goods thous of Ibs 126, 383 132, 531 138, 475 Exports thous. of Ibs.. 7,353 5,623 5,657 Wholesale price, New York. dolls per case.. 4.33 4.33 4.36 Powdered milk: Sales, less resales" thous. of lbs._ 6,806 5,837 5,363 Manufacturers' total stocks thous of Ibs 12, 884 14, 941 14, 600 Exports _ thous. oflbs.. 178 209 196 Fluid milk: ReceiptsBoston (ixiclud. cream).. thous. of qts__ 19, 279 19, 869 18, 027 Greater New York thous. of cans.. 2,776 2,773 2,851 ProductionMinneapolis, St. Paul thous. oflbs.. 29, 191 25, 229 21, 771 Consumption in manufacture of oleomargarine thous . of Ibs 4.651 5.250 4.690 5 « Revised. Nine months' cumulative, ending Sept. < 4 42, 208 7,340 34, 792 6,370 33, 888 3,346 2,348 5.88 28, 489 3,210 4,552 5.98 151, 687 157, 381 144, 324 115,700 5,191 4.45 121, 745 13, 339 4.49 108, 185 5,771 4.50 4,005 8,635 392 4, 523 7,395 201 17, 570 2,681 16, 305 2,647 19, 070 18, 322 34, 106 21, 469 26, 711 8,194 3,001 .576 4 5, 031 13, 948 289 5.991 I -16.0 +1.6 -44.6 -2.2 35, 187 32, 320 -8.1 -10.3 -0.9 -19.3 -2.0 94, 830 63, 226 -33.3 '+4.3 +16.1 44, 583 53, 252 +19.4 -40.8 -14.9 2,937 2,187 -25.5 16, 277 2,587 5 150, 308 « 23, 456 6 157, 790 « 23, 969 +5.0 +2.2 9,417 5 215, 647 5 216, 842 +0.6 5 50, 516 5 47, 188 7,483 5. 708 » See table on p. 19 of the November, 1926, issue for earlier data. +7.1 2,521 5.85 4,657 4.41 5,249 171 TREND OF BUSINESS MOVEMENTS—Continued 1936 The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" Oct., June July August Se £tem- 56, 798 326, 105 448, 043 287, 655 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH OCTOBER 31 PER CENT INCREASE (+) OR DECREASE (— ) 1925 October September October 51, 505 299, 863 471, 192 222, 129 98, 530 320, 562 459, 875 187, 739 70, 940 240, 030 385, 647 94, 511 1926, from Sept., 1926 Oct., 1926, from Oct., 1925 1925 1936 1, 163, 841 3, 545, 460 4, 500, 872 1, 110, 530 3, 555, 004 4, 556, 025 Per ct. increase (+) or decrease (-) cumulative 1926 from 1925 FOODSTUFFS— Continued Sugar Raw: Imports— From Hawaii and Porto Rico long tons.. 151, 174 83, 537 From foreign countries long tons.. 385, 027 284, 411 Meltings, 8 ports long tons. _ 491, 389 465, 144 Stocks at refineries, end mo long tons 541, 467 425, 902 Receipts, domestic, at New Orleans long tons.,. 378 854 Refined: Exports, including maple. long tons.. 8,793 11, 692 Prices: Wholesale, 96° centrifugal, N Y dolls, perlb.. .041 .042 .054 Wholesale granulated N. Y dolls, per Ib .056 Retail, granulated, N. Y dolls, per lb_. .061 .061 Retail average 51 cities index number 126 126 Cuban movement: Receipts at Cuban ports long tons 254, 748 163,014 Exports _. -- -long tons.. 357, 859 300, 955 Stocks, end of month .. long tons.. 1, 327, 592 1, 195, 658 Coffee Imports _._ Visible supply: World United States ... Receipts total Brazil Clearances: Total, Brazil, for world Total, Brazil, for U. S 58, 206 313, 841 453, 226 341, 803 -9.3 -27.4 -8.0 +24.9 +5.2 +22.2 +135. 0 -22.8 564 228 157 None. 835 -31.1 -81.2 6,590 7,095 5,464 4,213 40, 624 21, 614 -22.9 -80.5 308,882 .042 .055 .062 127 .044 .056 .062 127 .046 .057 .064 131 .043 .054 .062 127 .039 .050 .059 124 +4.5 +1.8 +3.2 +3.1 +17.9 +14.0 +8.5 +5.6 164, 744 445, 900 935, 416 186, 580 473, 190 603, 469 197, 350 434, 253 390,989 158,009 371, 200 594, 378 125,012 281, 210 460, 709 +5.8 -8.2 -35.2 +57.9 +54.4 -15.1 111, 920 thous. of lbs._ 104, 720 116, 702 122, 922 105, 163 159, 567 133, 463 thous. of bags.. .thous. of bags. _ thous. of bags.. 4,491 647 901 4, 560 691 1,072 4,738 832 1, 117 4,663 912 1,053 4,601 899 1,108 5,087 716 1,494 thous. of bags., thous. of bags.. 889 511 1,217 653 1,289 684 1,240 694 1,364 780 Tea Imports thous. of lbs__ Stocks, United Kingdom,h end of month . -thous. of lbs__ 4,907 9,025 10, 056 12, 148 11, 057 155, 595 148, 207 156, 850 175, 012 -4.6 +0.3 +1.2 33, 303 +405. 4 87, 462 -71.7 4, 773, 285 4, 351, 364 4, 379, 815 4, 117, 453 -8.2 -5.4 1,039,391 1, 235, 843 | +18.9 +51.7 +42.6 5,082 | —1.3 -1.4 583 +5.2 1,262 -9.5 +54.2 -12 2 9,480 9,912 +4.6 1,536 680 +10.0 +12.4 -11.2 + 14.7 10, 779 5,588 11, 441 6,060 +5.9 +8.4 11, 993 13, 088 -9.0 -15.5 79, 711 75, 635 -5.1 * 180,337 181, 683 711 +10.7 6,925 | -0.3 -6.6 +16.4 5,429 67, 192 5,468 75, 710 +0.7 +12.7 1,434 705 TOBACCO Consumption (tax-paid withdrawals) : Large cigars millions 577 594 569 664 600 Small cigarettes millions.. 8,486 7,961 8,086 8,068 8,061 Manufactured tobacco and snuff thous. of lbs._ 36, 327 33, 648 35, 809 36, 224 34, 731 Exports: Unmanufactured leaf thous. of lbs__ 30, 762 29, 760 38, 319 26, 263 53, 129 Cigarettes millions.. 1. 061 762 727 820 654 Sales of loose-leaf, warehouses thous. of lbs__ 582 34, 772 7, 660 102, 691 131, 891 Price, wholesale, Burley good leaf, dark red Louisville dolls, per 100 Ibs 21.00 21.00 21.00 21.00 21.00 Production, crop estimate thous. of Ibs.. 1, 139, 251 1, 202, 884 1, 306, 494 1, 293, 918 1, 304, 494 Stocks: Chewing, smoking, snuff, and export mills, of Ibs. _ i 1, 372 i 11 312 Cigar tobacco mills, of Ibs. . 1424 389 1 Total, including imported mills, of Ibs.. i 1, 868 1,768 TRANSPORTATION 576 7,119 36, 054 38, 061 -4.1 -8.7 351, 228 350, 903 -0.1 50, 694 336 91, 682 52, 784 488 98, 657 +38.6 -14.2 +28.4 +0.7 +34.0 +33.7 350, 882 6,703 395, 194 379, 257 8, 108 516, 734 +8.1 +21.0 +30.8 25.00 1,349 660 0.0 5 20, 629 5 11, 101 s 4, 982 78, 119 2,044 5 18, 893 4, 570, 651 5, 368, 577 5 754, 639 +19.2 +18. 2 +16.2 +9.1 +0.8 -6.7 -6.8 -1.1 +3.4 +31.9 5, 617, 781 7, 800, 562 —20.6 2, 900, 045 2, 071, 037 +17.2 18, 393, 180 20, 161, 931 +38.9 -28.6 +9.6 25. 00 3 -4.4 -8.3 -5.4 i 1 289 * 389 1 755 1 -16.0 ! +1.8 0.0 +0.7 I River and Canal Cargo Traffic Panama Canal: Total cargo traffic ._ thous. of long tons.. 2,135 2,186 2,322 [ 1, 892 2,009 2,240 In American vessels thous. of long tons . . 1,190 1,165 1,317 1,254 983 968 In British vessels thous. of long tons.. 562 565 517 626 573 476 Sault Ste. Marie C anal .. -thous. of short tons.. 12, 910 13, 608 13, 776 10,904 12, 789 11, 637 12, 879 New York State thous. of short tons.. 399 316 336 289 416 391 348 Suez Canal thous. of metric tons. _ 1,939 2,033 1,845 2,135 2,080 2,087 Welland Canal - .short tons _ 948, 840 787, 478 630, 169 717, 548 833, 591 765, 032 4 849, 457 St. Lawrence Canal short tons.. 1, 060, 598 968, 976 798,845 872, 597 923, 051 823, 315 933, 423 Mississippi River, Govt. barges short tons.. 90, 495 88, 846 114, 352 67, 627 110, 000 46, 070 Ohio River, Pittsburgh, Pa., to Wheeling, W. Va short tons 1, 159, 138 1, 045, 889 1, 078, 041 927, 851 668, 392 739, 635 975, 225 Allegheny River' 1 h .short tons . 245, 741 273, 641 295, 823 291, 111 274, 931 394, 970 346, 431 Monongahela River short tons.. 2, 067, 772 2, 334, 195 2, 289, 324 2, 317, 562 2, 303, 595 ,2, 016, 646 1, 966, 248 Ocean Traffic Clearances, vessels in foreign trade: Total thous. of net tons American thous. of net tons Foreign thous. of net tons 7,086 2,640 4,445 8,424 3,149 5,275 +0.7 -16.3 +10.7 +20.4 +16.2 +5.8 -1.9 -1.1 +5. 1 -5.6 -0.6 5 17, 311 5 9, 391 5 4, 286 71, 628 2,027 » 20, 243 4, 904, 538 5, 426, 935 * 730, 174 7,892 2,567 5,325 7,657 2,554 5,103 7,940 2,908 5,033 6,239 2,450 3,789 6,572 2,991 3,581 +3.7 +13.9 -1.4 +20.8 -2.8 +40.5 59, 245 23,493 35, 753 64,454 23, 103 41, 351 4-8.8 -1.7 +15.7 19, 423 13, 384 11, 317 6,244 12, 414 9,648 21, 758 17, 191 17, 516 12, 210 +9.7 +54.5 -29.1 —21.0 188,197 120, 197 168, 456 110, 343 -10.5 -8.2 162 170 Shipbuilding Completed during month: Total gross tons 22, 819 14,009 Steel seagoing . . .gross tons.. 13, 724 8,389 Building or under contract, end of month: Merchant vessels thous. of gross ton .. 254 199 1 Quarter ending in month indicated. < Revised. 281 275 5 h i Nine months' cumulative, ending Sept. 30. See table on p. 26 of the November, 1926, issue for earlier data. 41 TREND OF BUSINESS MOVEMENTS—Continued 1936 The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August , 1926, "Survey" June July August Septem- October September October from Sept., 1926 Oct., Oct., 1926, from Oct., 1925 254, 807 140, 421 69, 869 199, 073 104, 796 56, 785 161, 478 88, 967 38, 967 114, 730 62, 202 27, 519 81, Oil 45, 148 12, 106 140, 842 58, 203 61, 370 111,619 49, 502 42, 949 -29. 4 -27.4 -56.0 -27.4 -8.8 -71.8 68 None. 48 404 172 114 None. None. None. 542 403 100 1, 945 460 1,360 558 364 153 4,112 161 108 734 296 271 1,026 1, 515 5, 245 280 134 939 335 365 1,274 1,919 4,418 228 117 810 282 310 1,061 1,609 4,552 202 147 848 282 301 1,065 1,708 6,006 266 201 1,197 361 339 1,384 2,259 4,298 211 131 732 279 229 1,052 1,665 5,537 232 212 997 352 247 1,355 2,142 396, 687 92, 381 539, 865 390, 190 107, 336 39,237 408, 645 97, 787 556, 515 395, 294 116,895 41, 705 428, 628 98, 913 578, 823 399, 330 133, 008 43, 724 444, 142 92, 648 589, 961 397, 860 145, 492 44, 328 419, 737 95, 710 565, 568 388, 110 134, 522 4 41, 305 450, 493 86, 464 591, 313 410, 352 137, 700 44, 062 7,604 5,464 3,282 7,376 5,689 3,336 7,653 5,619 3,542 7,646 5,612 3,399 7,409 5,190 3,385 6,818 5,841 3,039 1926, Per ct. increase or<•# decrease (-) cumulative 1926 from 1925 CUMULATIVE TOTAL FEOM JANUAEY 1 THEOUGH OCTOBEE31 PEE CENT INCREASE (+) OE DECEEASE (— ) 1935 1925 1936 TRANSPORTATION-Contlnued Freight Cars Surplus (daily av. last week of month): Total cars Box cars Coal .cars Shortage (daily av. last week of month): Total _ ___cars Box .cars.. Coal ... __ cars 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 and 1. c. 1 thous. of cars._ Miscellaneous thous. of cars__ ! 2,957 +258. 9 -34.2 153 +14.1 +200. 7 495 +174. 7 +31. 9 +31.7 +36.7 +41.2 +28.0 +12.6 +30.0 +32.3 +8.5 +14.7 -5.2 +20. 1 +2.6 +37.2 +2.1 +5.5 45, 258 2,041 1,343 8,682 3,157 2,019 11, 424 16, 592 +4.2 +7.1 -1.5 +8.9 -1.8 +10.1 +2.2 +4.0 3, 321, 782 5 3, 522, 240 794, 032 6 796, 718 4. 540, 093 « 4, 753, 901 s 3,5 399, 822 s 3, 491, 982 798, 489 5 798, 489 5 333, 436 5333,436 +6.0 -0.3 +4.7 +2.7 +11. 5 +7.0 s 60, 647 5 46. 395 26, 876 s 62, 601 s 50, 329 5 27, 503 +3.2 +8.5 +2.3 1,492 2,232 683 1,839 2,612 928 +23.3 +17.0 +35.9 43, 430 1,905 1,364 7,973 3,214 1,834 11, 180 15, 960 Railroad Operations Operating 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.. 4 4 4 4 4 5 5 5 Railway Equipment Locomotives (Am. Ry. Assn.): Owned, end of month __number 63, 202 63, 107 64, 257 64, 142 63, 040 62, 829 -0.3 63, 266 Tractive power mills, of Ibs 2, 603 2,605 2, 595 2, 610 2,596 2,611 0.0 2,601 In bad order, end mo . number 8,718 9,031 8,889 8,654 10, 643 10, 230 -2.6 9,228 Per cent of total in use per cent 13.9 -2.1 14.4 14.2 13.9 16.5 16.1 14.7 Installed during month number 171 152 224 129 175 150 -21.9 184 Retired during month number.. 237 247 229 278 266 +40.3 390 270 Ordered from manufacturers number.. 14 84 199 -3.2 31 191 30 86 Building in railroad shops, end of month number.. 123 67 72 37 33 -28.0 100 84 Shipments ( Census)— Total number.. 132 124 134 151 100 93 +12.7 159 DomesticSteam.number 82 78 109 124 42 47 +13.8 133 Electric number. _ 20 16 13 15 21 +15.4 16 11 ForeignSteam number. _ 30 23 12 5 24 +140. 0 12 34 Electric number. . 0 7 3 1 -100.0 8 Unfilled orders, end of month (Census)— Total number.. 555 525 498 390 667 530 -21.7 390 DomesticSteam number.. 445 455 386 522 286 278 386 -25.9 Electric number.. 36 24 26 20 41 53 40 -16.7 ForeignSteam number.. 51 28 71 72 77 64 92 -7.8 Electric number 23 16 11 13 20 7 12 +18.2 Exports, steam number.. 44 20 12 18 15 22 56 +50.0 Freight cars (Am. Ry. Assn.): Owned, end of month cars 2, 346, 908 2, 348, 508 2, 349, 100 2, 348, 933 2, 345, 392 2, 363, 637 2, 359, 124 -0.2 Capacity mills, of Ibs.. 211,316 211, 642 211, 875 212, 086 211,988 211, 201 210, 922 0.0 In bad order, end mo cars 165, 756 165, 588 161, 396 139, 484 149, 078 -6.4 179, 571 165» 481 Per cent of total in use per cent 7.2 7.0 . 6.5 6.1 7.2 7.7 -6.2 7. 1 Installed during month _ . cars 10,904 10, 292 7,704 8,380 9,036 +8.8 8, 161 5,097 Retired during month cars 9,386 9,716 8,064 11,944 7,083 9, 196 9,616 +48.1 Ordered from manufactures!cars.. 164 2,564 1,256 4,270 2,891 6,113 5,556 +12.8 Shipments by manufacturers: Total ...cars 9,287 8.357 10, 009 5,606 5 405 2,849 Domestic _. _ cars 9,185 8, 308 5,560 10, 003 5,319 2,492 Building in railroad shops, end of month _ cars 6,003 6,233 5,350 4, 438 | 7,652 7,189 -17.0 6,246 Passenger cars: Ordered from manufacturers cars.. 1 131 124 32 68 37 134 -75.6 Shipments by manufacturers: Total cars 187 224 222 • 178 67 66 Domestic. cars . 187 163 222 218 58 66 -2.0 +0.6 -15.4 -13.7 +16.7 +46.6 -84.9 +118. 2 +62.4 1,006 1,437 +42.8 +163. 8 -28.6 635 118 1,096 145 +72.6 +22.9 -50.0 -100.0 217 36 151 45 -30.4 +25.0 -22.8 +8.3 -67. 9 287 249 -13.2 -0.6 +0.5 -15.7 -14.1 +64.4 +24.2 -48.0 117, 075 96, 461 50, 951 87, 092 85, 363 47, 726 -25.6 -11.5 -6.3 5 67, 530 5 64, 891 s 69, 700 s 68, 441 +3.2 +5.5 1,092 +11.3 -26.4 -25.9 -50.0 -38.3 -76.1 Passenger Travel National parks: Visitors Automobiles entered Arrivals from abroad: Immigrants United States citizens Departures abroad: Emigrants . . . United States citizens Passports issued . . number.. _ number 235, 698 44, 361 455, 204 86, 779 _ number.. number 24, 790 24, 432 22, 283 25, 981 29, 286 52, 683 35, 297 71, 263 number 7,575 . number 47, 715 ... number. 25. 916 4 Revised. 7,052 60, 223 14. 007 7, 376 42, 248 9.936 ! . _ 434, 603 * 42] 2, 387 77, 004 50, 383 55, 543 16,936 184, 279 17, 361 36, 524 2,462 26, 721 68, 500 28, 685 35, 413 ! 5 1, 700 +154. 5 5 1, 635 +161. 2 1,602,024 195, 554 1,710,162 307, 099 +6.8 +57.0 5 214, 309 s 290, 047 5 247, 206 5 299, 378 +15.3 +3.2 6, 634 7,200 7,674 5 58, 620 24, 369 26, 268 24, 227 5 281, 294 8.747 i 7.896 -1.4 ! 8.795 8.012 -9.7 156. 151 5 Nine months' cumulative, ending Sept. 30. 5 51, 462 5 311, 989 159. 168 -12.2 +10.9 +1.9 i +52.1 -73.8 -66.4 +587. 9 981 fi668 5626 42 TREND OF BUSINESS MOVEMENTS—Continued The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" DECREASE (— ) August September 60, 119 13, 261 60,097 13, 713 11,085 13, 644 1,945 10, 822 13, 386 1,662 97, 823 32, 260 September October 62,009 14, 848 54, 955 13, 373 11, 109 13, 663 2,351 11,654 14, 338 2,255 95,007 27, 729 93, 873 25, 909 783, 702 764, 509 5,879 2,231 4 3, 648 » 5,917 <2,001 « 3, 916 369 5,509 129, 700 Oct., 1926, from Oct., 1925 Oct., 1926, from Sept., 1926 Per ct. increase CUMULATIVE TOTAL FROM JANUARY 1 THROUGH OCTOBER 31 PER CENT INCREASE (+) OR 1925 1926 or decrease cumulative 1926 from 1925 1925 1926 57, 925 15, 034 3 478, 078 5 112, 805 5 536, 026 5 126, 599 +12.1 +12.2 11, 306 13, 784 2,211 11, 678 14, 408 2,342 5 90, 355 5111,006 « 15, 895 s 97, 392 5 119, 864 5 16, 251 +7.8 +8.0 +2.2 97, 636 32,087 91, 855 28,977 100, 029 33, 053 5 837, 215 « 266, 331 s 892, 999 « 290, 367 +6.7 +9.0 749, 592 742,932 750, 209 811, 236 * 6, 135 « 2, 085 4,050 6,167 2,074 4,092 5,490 1,607 3,883 5,948 1,801 4,147 355 5,559 127, 100 368 5,767 129, 200 354 5,813 135, 500 365 5,125 117,400 398 5,550 128, 800 486 233 89 92 80 125.8 101.1 82.2 489 239 90 93 81 125.9 100.7 85.8 500 234 97 95 81 123.9 102.9 89.0 500 258 91 90 79 123.9 97.8 89.9 510 267 92 92 78 123.3 98.6 92.2 +1.2 -6.0 0.0 +1.1 -4.9 -0.8 -17.6 +5.4 +4.3 -1.3 -0.5 +0.9 +3.9 -2.6 13,995 270.6 96 84 84 14, 103 282.0 98 87 85 14, 664 278.0 106 89 87 14, 853 14, 150 286.7 89 83 78 14, 559 297.6 95 90 82 +1.3 +2.0 +3.8 +5.6 -1.1 +15.8 +4.4 +4.9 108 108 113 99 -12.4 -16.1 60, 435 156, 274 60, 270 157, 308 59, 849 28.81 113.2 219.8 178.5 106 99 99 28.86 115.9 228.8 180.9 107 101 99 29.31 113.2 229.3 181.0 107 101 101 28.32 107.6 231.1 186.5 98 95 96 28.57 +0.1 115.3 +3.8 241.0 189.9 -0.5 103 +2.8 101 +5.0 102 j +4.0 +2.7 +1.9 26.78 29.21 30.76 23.67 17.29 26.76 29.39 30.91 23.81 16.91 27.38 29.83 31.39 24.03 17.34 26.94 29.27 30.89 23.48 17.00 27.12 29.51 31.20 1 23.66 17.13 49.6 47.6 49.6 47.5 49.6 48.4 50.0 48.3 50.0 48.3 48 47 27 25 26 37 37 46 52 39 50 48 47 33 24 28 37 36 42 52 39 50 49 47 39 25 26 37 36 44 52 39 50 49 47 27 25 29 39 36 42 52 39 50 46 44 30 25 26 38 38 45 53 38 50 46 46 25 25 28 36 37 46 53 38 50 0.0 0.0 -30.8 0.0 +11.5 +5.4 0.0 -4.5 0.0 0.0 0.0 +6.5 +2.2 +8.0 0.0 +3.6 +8.3 -2.7 -8.7 -1.9 +2.6 0.0 133.0 133.0 133.0 133.0 127.0 127.0 0.0 +4.7 120 128 139 107 78 106 118 128 81 62 100 105 118 85 58 105 87 137 89 59 144 113 144 93 59 4.8 3.3 0.7 0.8 4.6 3.4 0.7 0.5 5.2 4.1 0.8 0.3 June July 60, 302 14, 404 October PUBLIC UTILITIES Telephone companies: Operating revenues .. thous. of dolls Operating income thous of dolls Telegraph companies: Commercial telegraph tolls.thous. of dolls.. Operating re venue __ thous. of dolls.. Operating income thous. of dolls.. Gas and electric companies: Gross earnings __ thous. of dolls __ Net earnings thous. of dolls.. Electric railways (212 companies) : Passengers carried thous. of persons... Electric power production: Total 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. hours.. In central stations mills, of kw. hours.. Gross revenue sales. thous. of dolls. 56,985,879 57,059,001 +1.0 5 53, 552 5 19, 144 5 34, 408 +12.1 +15.2 +10.5 5 5 3, 480 3, 472 544,281 5 50, 076 51,055,176 51,230,600 -0.2 +13.1 +16.6 s 47, 761 5 16, 613 5 31, 148 EMPLOYMENT AND WAGES Employment in factories: New York State thousands 496 Detroit _ thousands.. 225 88 New Jersey (rel. to 1923) index number. . 92 Pennsylvania (rel. to 1923). .index number. . Delaware (rel. to 1923) index number 80 121.2 Wisconsin (rel. to 1915) index number.. Illinois (rel. to 1922) index number.. 101.0 Massachusetts (rel. to 1914) .index number. . 87.4 Total pay roll: New York State thous. of dolls 14, 390 280.7 Wisconsin (rel. to 1915) index number _. New Jersey (rel. to 1923) .. .index number.. 96 Pennsylvania (rel. to 1923). .index number.. 89 Delaware (rel. to 1923) index number.. 88 Ohio construction employees (relative to 1923) __ index number. 100 Eederal civilian employees, Washington, D. C., end month number 60, 811 Employed in anthracite mines number 154, 176 Average weekly earnings (State reports) : New York State dolls 28.99 Illinois (rel. to 1922). .index number 117.5 Wisconsin (rel. to 1915) index number.. 236.6 Massachusetts (rel. to 1914) .index number. _ 178.7 New Jersey (rel. to 1923)... index number.. 108 Pennsylvania (rel. to 1923). .index number.. 104 Delaware (rel. to 1923) index number.. 105 Average weekly earnings: (National Industrial Conference Board) Grand total (both sexes) dollars.. 27.06 Total male dollars, _ 29.78 Skilled male. __ dollars 31. 38 Unskilled male dollars 24.14 Total women dollars. _ 17.07 Average weekly hours: Nominal (both sexes) hours 50.0 Actual (both sexes).. hours.. 47.9 Wages of common labor by geographic divisions: New England cents per hour 46 Middle Atlantic cents per hour 45 South Atlantic cents per hour.. 28 25 East South Central . cents per hour West South Central cents per hour" 27 East North Central cents per hour 38 West North Central cents per hour 36 Mountain cents per hour 45 53 Pacific _ . cents per hour United States average cents per hour." 38 Wage rates, U. S. Steel Corp.. .cents per hour.. 50 Wages, steel workers, Youngstown district..* .per cent of base wage 133.0 Applicants per 100 jobs, employment agencies: United States average number.. 130 Eastern States _ number 123 Central States number' 174 Southern States ._ number. _ 109 Western States number 54 506 220 97 96 77 102.4 89.8 110 94 86 29.35 117.5 180.1 110 106 105 114 118 62, 519 62, 039 -5.2 +6.8 +5.0 +2.9 ii - " j; ; I j l i Factory Labor Turnover » (Percentages of number on pay roll) Separations: Total _. Voluntary quits Discharges _ __ Layoffs Accessions (including employment and rehires) _ 4 Revised. percent per cent per cent.. per cent.. 3.8 2.9 0.4 0.5 per cent.. 4.7 4.7 5.2 * Nine moriths* eumu lative end ing Sept. 3 0. 6.8 4.0 3.0 0.6 0.4 —23 1 —26 8 —25 0 +33.3 5.3 —22 i » See table on p. 10 of the October, 1926, issue for earlier data. | i 43 TREND OF BUSINESS MOVEMENTS—Continued The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" PER CENT INCREASE (+) OR DECREASE (— ) 1925 1926 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH OCTOBER 31 Perct. increase (+) or decrease (-) cumulative 1926 from 1925 August September October September October from Sept., 1926 Oct., 1926, from Oct., 1925 1925 1926 35, 670 31, 995 20, Oil 11, 984 35, 763 32, 272 19, 605 12, 667 43, 742 37, 907 21, 648 16, 259 54, 743 46, 995 26, 840 20, 155 41, 523 34, 836 19, 359 15, 477 62, 216 52, 340 30, 375 21, 965 +25.1 +24.0 +24.0 +24.0 -12.0 -10.2 -11.6 -8.2 403,991 344, 510 201, 997 142, 513 423, 859 371, 004 214, 726 156, 283 +4.9 +7.7 +6.3 +9.7 34, 020 2,128 19, 021 1,451 8,834 329 2,358 181 3,807 167 856 80 779 38 34, 436 2,142 19, 395 1,460 8,886 332 2,459 183 3,696 167 831 80 790 38 34, 075 2,154 19, 015 1,465 8,713 338 2,493 184 3,854 167 801 80 703 38 35, 202 2,172 19, 339 1,471 9,439 345 2,543 189 3,881 167 872 80 799 38 42, 506 2,191 24, 801 1,482 10, 535 354 2,910 187 4,260 168 1,048 81 1,025 38 32, 079 2,041 18, 129 1,415 8,222 287 2,288 175 3,440 164 636 67 646 33 39, 739 2,057 22, 976 1,420 9,992 293 2,725 179 4,046 165 829 69 849 34 +20.7 +0.9 +28.2 +0.7 +11. 6 +2.6 +14.4 -1.1 +9.8 +0.6 +20.2 +1.3 +28.3 0.0 +7.0 +6.5 +7.9 +4.4 +5.4 +20.8 +6.8 +4.5 +5.3 +1.8 +26.4 +17.4 +20.7 +11.8 311,310 339, 170 +8.9 ITS, 922 189, 756 78, 557 87, 410 +11.3 86, 769 25, 371 88, 856 25, 607 ' 82,976 25, 793 85, 009 25, 924 92, 379 26, 067 68, 631 23, 309 89, 210 23, 655 +8.7 +0.6 7,226 613 7,656 631 7,548 645 7,537 652 8,184 658 6,630 560 7,015 568 8,979 3,310 9,210 3,321 8,773 3,335 9,042 3,354 9,607 3,389 8,429 3,118 3,586 556 3,382 561 2,842 563 3,313 566 3,693 564 1,071 59 976 60 1,095 60 1,244 61 2,476 269 2,550 276 2,353 275 4,412 2,113 4, 297 2,050 1,089 1,210 Oct., June July 41, 296 34, 887 18, 275 16, 612 1926, DISTRIBUTION MOVEMENT Retail Sales Mail-order houses: Total sales, 4 houses thous. of dolls_. Total sales, 2 houses. thous. of dolls.. Sears, Roebuck & Co thous. of dolls. _ Montgomery Ward & Co.. thous. of dolls.. 'Ten-cent chain stores: Total sales _ ..thous. of dolls.. Total stores operated.. number. _ F. W. Woolworth & Co thous. of dolls.. Stores operated number. _ S. S. Kresge Co _. thous. of dolls. . Stores operated number. _ McCrory Stores Corp thous. of dolls.. Stores operated _ number S. H. Kress & Co thous. of dolls.. Stores operated number Metropolitan thous. of dolls. . Stores operated number F. & W. Grand thous. of dolls.. Stores operated number. . Chain stores: GroceriesSales. thous. of dolls.. Stores opeaated number. . DrugSales thous. of dolls Stores operated ' number CigarSales thous of dolls Stores operated number. . ShoeSales thous. of dolls.Stores operated . _. number. _ MusicSales thous. of dolls Stores operated number. . CandySales thous of dolls Stores operated number. . Restaurant chains: Total sales thous. of dolls.. Childs Co., sales thous. of dolls.. Waldorf System (Inc.), sales.. . thous. of dolls. . Thompson Co., sales thous. of dolls.. Other chain stores: J. C. Penny Co thous. of dolls. Stores operated number United Cigar Stores Co thous. of dolls.Stores operated number A Schulte (Inc ) thous of dolls Stores operated. _ number. . Owl Drug Co thous. of dolls. . Stores operated number +6.1 21, 563 24, 625 +14.2 33, 244 37, 379 +12.4 6,145 7,857 +27.9 5, 939 7,718 +30.0 +3.6 +10.2 719, 832 863, 682 +20.0 +8.6 +0.9 +16.7 +15.8 60, 106 74, 294 +23.6 8,969 3,165 +6.2 +1.0 +7.1 +7.1 80, 237 87, 517 +9.1 3,015 504 3,823 508 +11.5 -0.4 -3.4 +11.0 31, 468 32, 897 +4.5 1,366 62 1,234 57 1,272 57 +9.8 +1.6 +7.4 +8.8 10, 012 10, 590 +5.8 2,649 274 2,754 263 2,449 240 2,606 222 +4.0 -4.0 +5.7 +18.5 23, 224 24, 830 +6.9 4,426 2,189 4,622 2,289 4,748 2,310 4,289 2,151 4,543 2,246 +2.7 +0.9 +4.5 +2.8 41, 233 19, 957 44, 571 21, 474 +8.1 +7.6 1,076 1,171 1,084 1,153 1,162 1,171 1,194 1,244 1,076 1,062 1,157 1,140 +2.8 +6.2 +3.2 +9.1 10, 586 10, 691 11, 170 11, 927 +5.5 +11.6 9,093 697 6,623 3,017 2,314 282 1,408 88 8,327 697 6,783 3,027 2,388 285 1,441 91 8,083 721 6,472 3,039 2,260 287 1,403 91 10, 622 735 6,560 3,059 2,442 286 1,423 94 13, 247 743 6,878 3,091 2,693 289 1,597 95 8,317 645 6,326 2,840 2, 050 267 1,330 87 12, 147 644 •6,661 2,888 2,257 266 1,451 87 +9.1 +15.4 +3.3 +a.o +7.0 +10.3 +19.3 +1.0 +8.6 +12.2 +10.1 +1.1 +9.2 68, 597 86, 354 +25.9 60, 016 64, 250 +7.1 19, 674 22, 862 +16.2 13, 713 13, 638 -0.5 Magazine advertising thous . of lines. . 2,419 Newspaper advertising thous. of lines-- 105, 948 National advertising in newspapers: 31, 664 Total thous of lines Automobile advertising thous. of lines. . 5,438 Automobile accessories. thous. of lines.. 2,510 Cigars, cigarettes, and tobacco thous of lines 2,786 Financial thous. of lines 918 4,859 Food, groceries, beverages. -thous. of lines.. Hotels and resorts _ thous. of lines _. 965 Household furniture thous of lines 555 596 Men's clothing thous. of lines. _ Musical instruments thous. of dolls.96 Radio and electrical thous of lines 1,024 3,174 Railroads and steamships. -thous. of lines.. 157 Shoes thous. of lines.. Toilet articles and medical 4,294 preparations thous of lines 83 Women's wear thous. of lines 4,209 Miscellaneous thous . of lines. . 1,833 88, 052 1,689 91, 763 2,138 104, 106 2,626 123, 300 1,979 99, 472 2,421 120, 910 +22.8 +18.4 +8.5 +2.0 20, 365 994, 794 22, 191 1, 043, 148 +9.0 26, 383 5,904 2,086 26, 426 8,200 1,857 28, 875 6,411 •1, 867 32, 098 6,098 1,396 24, 925 5,246 1,488 33, 415 5,616 1,376 +11.2 -4.9 -25.2 -3.9 +8.6 +1.5 296, 922 64, 115 15, 592 2,447 895 3,730 724 281 189 83 685 2,442 53 2,552 505 2,999 385 284 57 68 835 2,065 32 2,442 741 3,239 188 799 353 191 1,698 1,584 218 2,124 784 3,983 219 1,089 458 321 2,367 1,665 228 892 903 2,922 221 1,037 393 69 1,001 1,475 244 1,838 1,023 4,606 291 1,153 578 232 2,056 1,467 294 -13.0 +5.8 +23.0 +16.5 +36.3 +29.7 +68.1 +39.4 +5.1 +4.6 +15.6 -23.4 -13.5 -24.7 -5.6 -20.8 +38.4 +15.1 +13. 5 -22.4 23, 624 8,606 38, 312 4,476 6,361 3,242 1,570 12, 264 19, 858 1,612 3,758 33 3,073 3,369 44 3,174 4,197 186 4,771 6,345 317 4,704 3,844 236 4,697 6,303 422 5,038 +51.2 +70.4 -1.4 +0.7 -24. 9 -6.6 54, 598 1,585 40, 107 28, 719 26, 783 26, 714 29, 976 32, 860 28, 551 32, 489 +9.6 +1.1 277, 357 295, 108 +6.4 2, 952 3,073 3,003 3,169 3,421 3,002 3,352 +8.0 +2.1 29, 720 31, 727 +6.8 11,276 87,257 9,868 79, 733 9,417 77, 674 9,972 83, 963 9,716 79, 336 12,008 99, 240 « 97, 792 s 686, 231 s 95, 633 5 748, 112 -2.2 +9.0 3,214 33. 289 2,970 32,154 2,892 31,517 2,895 31,712 2,801 29, 456 3,154 33,041 827,500 5 272, 817 s 27, 915 5291,090 +1.5 +6.7 +24.7 +1.1 +4.8 1 Advertising +4.9 Postal Business Postal receipts, 50 selected cities . thous. of dolls. . Postal receipts, 50 industrial cities thous. of dolls. . Money orders: Domestic paid (50 cities)— Quantity number Value thous. of dolls Domestic issued (50 cities)— Quantity number. _ Value thous. of dolls. . 8 Nine months, cumulative, ending Sept. 30. i 44 TREND OF BUSINESS MOVEMENTS—Continued The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" Oct., July June August September October September CUMULATIVE TOTAL FROM JANUARY 1 THROUGH OCTOBER 31 PER CENT INCREASE (+) OR DECREASE (— ) 1925 1926 October Oct., 1926, from Oct., 1925 1926, from Sept., 1926 1926 1925 Per ct. increase (+) or decrease (-) cumulative 1926 from 1925 DISTRIBUTION MOVEMENT— Con. ! Wholesale Trade Delinquent accounts, electrical trade: Amount.. __ .dollars. Firms ._ number 184, 055 1,597 -22.7 -14.7 -21.5 -24.2 184, 843 219, 049 714, 041 822, 459 157 183 899,041 1, 041, 691 186, 175 222, 764 691, 227 1, 199, 183 107 114 877, 509 1, 422, 061 +18.5 +15.2 +16.6 +15. 9 -1.7 2,081,016 -31.4 ! 7, 976, 466 +60. 5 ! 1,327 -26.7 10, 058, 809 2,141,916 7,678,063 1,713 9, 821, 692 +2. 9 -3.7 +29.1 -2.4 958, 771 40, 882 946, 627 1, 085, 721 47, 743 44,213 897, 435 1, 460, 056 20, 033 38, 109 +14.7 -7.4 -25.6 10,402,110 10, 287, 619 +16.3 467, 640 344, 628 +-1.1 658, 562 194, 315 78, 125 931,002 595, 929 199, 076 55, 632 850, 637 523, 915 197, 277 73, 456 794, 648 525, 532 175,114 37, 788 738, 434 616, 725 256, 704 54, 433 927, 862 +18.0 +0.2 6,090,772 6, 361, 076 +14.8 -11.8 i 1, 927, 311 2, 102, 360 -15.1 +14.5 i 687, 705 573, 524 +14.1 -2.3 8, 591, 607 9, 151, 141 +4.4 +9.1 +19. 9+6.5 133, 755 42, 639 4,457 180, 851 117,851 43, 419 4,102 165, 372 118,023 40, 827 3,783 162, 633 107, 367 37, 057 3,124 147, 548 130, 045 38, 951 4,841 173, 837 9,969 10, 050 10, 141 9,121 9,209 4,238 1,572 2,666 4,290 1, 577 2,713 4.335 1,579 2,756 3,707 1,513 2,195 3,750 1,515 2,235 3,899 951 2,132 705 111 3,907 948 2,137 710 112 3,924 948 2,148 715 113 3,694 1,041 2,001 547 106 3,713 1,035 2,005 567 106 1,184 648 1,194 659 1,202 680 1,092 628 1, 099 647 749, 567 289, 847 162, 750 124, 381 96, 540 76, 049 702, 129 279, 650 153, 663 110, 372 86, 758 71, 686 649, 023 241, 270 145, 015 107, 434 84, 572 70, 732 597, 767 222, 265 132, 004 104, 368 76, 904 62, 226 656, 606 262, 334 145, 635 100, 446 81,865 66, 326 590, 771 219, 426 127, 582 98, 954 80, 030 64, 779 668, 794 258, 615 148, 401 107, 380 86, 527 67, 871 +9.8 +18.0 +10.3 -3.8 +6.5 +6.6 44, 634 40, 101 36, 010 34, 878 40, 226 33, 543 36, 259 +15.3 +10.9 24, 369 20, 872 28, 916 24, 008 +12.2 +11.5 21, 774 18, 190 1,278 25, 952 20, 554 1,647 633 1,685 624 2,866 2,268 72.5 13, 832 5, 440 13, 046 192, 591 1,538 167, 635 1,388 165, 213 1,367 186, 892 1,419 221, 697 716, 607 149 938, 453 198, 686 719, 203 157 918, 046 991, 361 53, 057 144, 458 1,211 166, 073 1,400 BANKING AND FINANCE Life Insurance (Association of Life Insurance Presidents) Policies, new (45 companies) : Ordinary number of policies.. 237, 020 Industrial number of policies.. 743, 137 167 Group .number of contracts . Total. _ .number of policies and contracts.. 980, 324 Policies and certificates issued: Total policies and certificates number.. 1, 023, 867 Group insurance certificates ._ .certificates. . 43, 710 Amount of new insurance (45 companies) : 704, 852 Ordinary... thous. of dolls Industrial thous. of dolls.. 202, 315 69, 282 Group _ thous. of dolls Total insurance thous . of dolls. . 976, 449 Premium collections (45 companies) : Ordinary thous. of dolls.. 132, 268 Industrial _. thous. of dolls 43, 747 Group thous. of dolls.. 4,206 Total thous. of dolls 180, 221 Admitted life insurance assets (41 companies): 9,882 Grand total mills, of dolls.. Mortgage loans— Total mills, of dolls.. 4,181 Farm mills, of dolls.. 1,568 All other .mills, of dolls.. 2,613 Bonds and stocks (book values) — Total mills, of dolls.. 3,888 962 Government. mills, of dolls. . Railroad mills, of dolls.. 2,128 Public utilities mills, of dolls. 688 All other mills, of dolls. . 110 Policy loans and premium 1,174 notes mills, of dolls.. 639 Other admitted assets __lmils. of dolls.. ' 618, 041 226, 523 62, 353 906, 917 5 5 082, 608 i 1,* 326, 382 , 5 ™£ 1, 162, 867 8 5374, 086 41, 967 « 38, 623 1, 447, 611 s 1, 578, 920 +7.4 +14.6 +8.7' +9.1 (Life Insurance Sales Research Bureau) Sales of ordinary life insurance (81 companies) : United States total thous. of dolls Eastern manuf. district thous. of dolls.. Western manuf. district thous. of dolls. . Western agric. district thous. of dolls Southern district.. thous. of dolls Far Western district thous. of dolls.. Sales of ordinary life insurance: Canada (15 companies) thous. of dolls.. -1.8 i +1.4 -1.9 ! -6.5 -5.4 -2.3 ; 6, 625, 727 2, 660, 490 1, 418, 828 1,054,174 826, 017 663, 209 6, 838, 534 2, 718, 718 1,487,384 1, 086, 238 860, 517 685, 677 +3.2" +2. 2 +4.8' +3.0' +4.2 +3.4 ! 346, 290 380, 032 +9.7 -0.6 -1.1 256, 050 211, 023 280, 689 222, 903 +9. 6 +5.6 +13.9 +10.0 +19.6 -6.2 ' -3.9 -4.1 233, 213 180, 087 12, 682 241, 387 185, 845 13, 637 +3.5 +3.2' +7.5. 590 1,695 660 2,893 2,297 72.5 -11.9 +0.9 +6.7 +0.6 -2.1 +1.4 +7.1 j +2.1 ! -6. 1 i +2.1 j -0.7 i + 1.5 1 13, 901 5,443 13, 082 -0.6 -1.0 -0.7 +3.0 +2.5 Banking Debits to individual accounts: New York City mills, of dolls.. 28, 196 27, 659 25, 618 26, 233 28, 755 23, 674 Outside New York City mills, of dolls.. 22, 442 21,311 20, 755 23, 754 Bank clearings (United States): 23, 827 New York City mills, of dolls 24, 195 21, 360 21, 676 24, 333 19, 184 Outside New York City mills, of dolls.. 18, 934 17, 472 17, 966 19, 754 Bank clearings (Canada). mills of dolls 1,411 1,376 1,345 1,320 1,579 Federal reserve banks: 521 717 Bills discounted.. mills, of dolls. _ 515 626 632 Notes in circulation ...mills, of dolls.. 1,697 1, 671 1,703 1,716 1,731 585 Total investments mills, of dolls. . 643 581 576 620 2,937 Total reserve .mills, of dolls.. 2,999 2,966 2,980 2,954 Total deposits.. .mills, of dolls.. 2,261 2,282 2,330 2,260 2,281 Reserve ratio per cent.. 76.3 74.4 75.3 72.6 73.6 Federal reserve member banks: 14, 179 Total loans and discounts. ..mills, of dolls.. 14, 125 13,976 14, 395 14, 314 Total investments.. mills, of dolls __ 5,652 5,634 5,599 5, 681 5,578 Net demand deposits. mills, of dolls.. 13, 252 12, 846 12, 961 13, 003 12, 918 Broker's loans, end month: To New York Stock Exchange members thous. of dolls.. 2, 926, 298 2, 997, 760 3, 142, 148 3, 218, 937 3, 111, 177 By New York banks thous. of dolls.. 2, 565, 177 2, 602, 042 2, 758, 274 2, 812, 971 2, 602, 196 Interest rates: New York call loans ...percent.. 4.19 4.43 4.59 4.90 4.75 Commercial paper 4-6 mos per cent.. 3.88 3.95 4.43 4.31 4.50 Discount rate: N. Y. Fed. &es. Bk., 60-90 days.. per cent.. 3.50 3.50 4.00 4.00 4.00 i -3.3 —7 5 4.56 4.19 4.90 4.40 -3.1 +1.6 3.50 3.50 0.0 Savings Deposits New York State savings banks, end of month thous. of dolls... 3, 726, 826 3, 721, 746 3, 729, 404 3,776,911 5Nine months' cumulative, ending £ept. 30. ; -1.3 ; 3, 487, 629 3, 529, 169 -3.1 1 +2.3 ! +14.3 45 TREND OF BUSINESS MOVEMENTS—Continued 1996 The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" PER CENT INCREASE (-{-) OR DECREASE (— ) 1995 Oct., July August September October September October from Sept., 1926 Oct., 1926, from Oct., 1925 19, 357 19, 613 4,917 49, 352 236, 020 19, 281 19, 534 4,841 51, 815 192, 954 19, 211 19, 473 4,771 55, 596 576, 528 19, 166 19, 420 4,726 60, 969 192, 919 20, 143 20, 418 6,186 51,017 512, 072 20, 141 20, 407 6,184 52, 835 202, 245 -0.2 -0.3 -0.9 +9.7 -66.5 222, 095 254, 802 290, 465 367, 595 330, 851 323, 432 4,858 42. 01 4,864 42.02 4,906 42.34 4,933 42.53 4,827 42.17 4,901 42.77 29, 408 29, 680 28, 130 29, 990 33, 231 30, 687 10, 092 15, 525 3,791 72 11, 167 14, 614 3,898 3,328 12, 516 14, 096 1,519 1,494 10, 093 11, 243 8,654 1,298 11, 650 15, 874 5,707 2,486 8,167 14, 990 7,530 1,895 1,708 435 1,160 113 150 1,605 396 1,122 87 171 1,593 449 1,071 73 141 1,437 374 958 105 142 1,763 450 1,205 108 188 Grand total thous. of dolls.. 491, 915 Dividend payments: Total thous. of dolls.. 121, 415 Indus, and misc. corp thous. of dolls- 62, 215 Steam railroads thous. of dolls.. 31, 900 Street railways thous. of dolls. _ 11, 600 Average payments on industrial stocks (quarterly) dolls, per share. . !7.65 New Security Issues 234, 635 321, 542 447, 500 87, 135 47, 950 33, 500 5,685 72, 800 47, 050 18, 500 6,250 106, 650 68, 300 27, 050 11, 300 June BANKING AND FINANCE— Continued Public Finance <jrovernment debt: Interest-bearing... mills, of dolls 19, 384 Total gross debt mills, of dolls 19, 643 Short-term debt _ ..mills, of dolls 4,944 Customs receipts...... thous. of dolls.. 47, 261 Total ordinary receipts.. .thous. of dolls.. 651, 639 Expenditures chargeable to ordinary receipts _ . _ thous . of dolls . . 362, 203 Money in circulation: Total _ mills, of dolls.. 4,835 Per capita. _ dollars 41.85 1926, CUMULATIVE TOTAL FROM JANUARY 1 THROUGH OCTOBER 31 Per ct. increase (+) or decrease (-) cumulative 1926 from 1925 1925 1926 -4.8 -4.8 -23.6 +15. 4 -4.6 476, 328 3, 032, 614 504, 541 3, 251, 493 +26.6 +13. 7 2,930,100 2, 935, 860 +0.2 +0.6 +0.4 +0.7 -0.6 29, 544 +10.8 +12.5 371, 294 330, 929 -10.9 11, 264 13, 530 4,750 3,533 +15.4 +41.2 -34. 1 +91.5 +3.4 +17.3 +20.1 -29.6 140, 760 175, 827 59, 707 30, 370 125, 187 166, 608 39, 136 22, 633 -11.1 -5.2 -34.5 -25.5 1, 465 388 1,015 62 141 1,581 408 1,111 62 183 +22.7 +20.3 +25.8 +2.9 +32.4 +11.5 +10.3 +8.5 +74.2 +2.7 17, 664 4,158 12, 708 798 1,735 17, 874 4,461 12, 512 901 1,712 +1.2 +7.3 -1.5 +12.9 -1.3 330, 900 427, 225 309, 500 -26.1 +6.9 2, 762, 560 3, 992, 754 +44.5 78, 600 34, 700 35, 750 8,150 102, 925 66, 375 25, 900 10, 650 73, 700 32, 500 33, 900 7,300 -26.3 -49.2 +32.2 -27. 9 +6.6 +6.8 +5.5 +11.6 994, 880 541, 450 299, 835 88, 125 1, 041, 060 563, 035 313, 915 95, 695 +4.6 +4.0 +4.7 +8.6 —0 4 +9 6 +5.9 +7.2 Business Failures Liabilities (United States) : Total commercial thous. of dolls. . Manufacturing establishments thous. of dolls. . Trade establishments thous. of dolls.. Agents and brokers _. .thous. of dolls.. Liabilities (Canada) thous. of dollsFirms (United States) : Total commercial number. . Manufacturing establishments number. _ Trade establishments number. _ Agents and brokers number.. Firms (Canada) number.. Dividend and Interest Payments (For the following month} Foreign governments thous. of dolls Total corporation ( Commercial and Financial Chronicle} thous. of dolls... Purpose of issueNew capital thous. of dolls Refunding thous of dolls Kinds of issue — Stocks. ._ . thous. of dolls Bonds and notes thous. of dolls.. Class of industry— Railroads.. __ thous. of dolls Public utilities thous. of dolls.. Industrials thous. of dolls Oil thous. of dolls.. Land and buildings thous. of dolls. . Shipping and misc thous. of dolls.. Bond issues (Canada): Govt. and provincial thous. of dolls . Municipal thous. of dolls.. Corporation 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 !7.62 16.95 •27, 600 12, 520 34, 000 74, 900 118, 000 61, 800 39, 650 507, 281 442, 392 472, 402 474, 383 243, 450 328, 705 350, 482 310, 688 371, 305 +6.6 -5.6 3, 843, 512 3, 275, 013 -14.8 379, 039 93, 363 414, 635 59, 748 176, 155 67, 295 283, 231 45, 474 276, 706 73, 776 294, 309 16, 379 300, 994 70, 310 -2.3 +62.2 -8.1 +4.9 3, 260, 257 583, 252 3, 773, 081 601, 933 +15.7 +3.2 57, 196 415, 206 101, 036 373, 348 46. 507 196, 943 48, 327 280, 379 58, 490 291, 993 74, 634 236, 053 120, 932 250, 373 +21.0 +4.1 -51.6 +16.6 1, 009, 115 2, 844, 396 1, 018, 896 3, 256, 122 +1.0 +14.5 40, 376 215, 876 76, 744 2,050 94, 744 42, 362 40, 775 211, 829 91, 801 6,500 82, 893 40, 585 15, 085 69, 434 66, 035 10, 500 52, 628 29, 618 61, 706 45, 930 114, 938 12, 190 147, 311 55, 117 31, 212 80, 142 17, 260 13, 684 131, 081 43, 062 20, 400 54, 960 47, 500 28, 952 -80.2 109, 590 +220. 7 99, 918 -52.0 2,500 98, 629 +65.1 29, 714 70.0 -57.9 +34.4 -44.8 473, 409 1, 421, 443 745, 545 241, 282 623, 276 299, 045 351, 592 1, 675, 466 915, 568 218, 749 619, 107 451, 820 -25.7 +17.9 +22.8 -9.3 -0.7 +51.1 21, 943 3,342 34, 005 5,250 4,950 48,005 None. 1,051 11, 949 None. 3,771 51, 713 278, 280 269, 140 154, 582 277, 210 145, 616 58, 335 757, 355 90, 884 51, 831 454, 865 68, 853 38, 055 505, 770 135, 250 54, 613 580, 387 48, 537 57, 595 +57.5 +197. 6 -17.1 -41.9 5 155, 100 2,496 7,550 150 3,385 8,328 244, 842 234, 093 278, 098 -11.7 -12.0 101, 300 6,623 901, 303 121, 428 76, 118 572, 751 84, 775 93, 465 585, 422 -25.1 -87.9 +55.3 +19. 5 -92.9 +54.0 Agricultural Finance Loans outstanding, end mo.: Federal farm-loan banks thous. of dolls. .1, 043, 955 1, 048, 275 1, 053, 336 1, 057, 217 1, 063, 056 Joint-stock land banks thous. of dolls. _ 600, 150 605, 718 610, 794 614, 639 619, 217 Federal intermediate credit banks. thous. of dolls 76, 450 71, 139 78, 083 78, 490 84, 665 War finance corporation thous. of dolls. . 11, 188 10, 504 10, 803 9,629 9,154 989, 960 519, 237 995, 207 526, 042 +0.6 +0.7 +6.8 +17.7 64, 318 24, 688 73, 097 22, 275 +7.9 -4.9 +15.8 -58.9 162. 83 84.73 115. 71 173. 56 84.92 121.39 -4.4 -4.5 -2.5 -5.1 +11.8 -8.1 242, 842 5 37, 427 5 122, 967 5 -12.8 167, 393 « 41, 856 s 225/922 -31.1 +11.8 +83.7 3, 016, 650 3, 115, 764 +3.3 1, 166, 908 684, 503 7, 619, 061 1, 141, 351 543, 729 9, 542, 763 -2.2 -20.6 +25.2 365, 355 370, 102 Stocks and Bonds Stock prices, average daily closing: 25 industrials, average dolls, per share.. 155. 81 163. 01 25 railroads, average dolls, per share. . 92.37 93.77 103 stocks, average. dolls, per share .. 111.50 112. 75 Southern cotton mill stocks dolls, per share. . 113.84 110. 58 Stock sales: N. Y. Stock Exchange thous. of shares. _ 37, 990 36, 732 1 Quarter ending in month indicated. 172. 22 96.14 115. 64 172. 26 99.43 114. 48 164. 63 94.93 111.61 110. 33 110. 68 110. 67 114.42 115.89 0.0 -4.5 44, 189 36, 904 40, 213 36,886 53, 423 +9.0 -24.7 * Nine months' cumulative, ending Sept. 30. +1.3 46 TREND OF BUSINESS MOVEMENTS—Continued 1926 The cumulativea shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, "Survey" Oct., Oct., 1926, July August September October September October 1926, from Sept., 1926 221, 926 20, 052 241, 978 203, 543 11, 906 215, 449 175, 594 14, 060 189, 654 217, 302 15. 870 233; 172 242, 657 21,066 263, 723 258, 979 21, 528 280, 507 89.11 81.53 75.14 77.79 80.56 89.23 81.20 74.78 78.09 80.48 89.36 81.23 74.67 77.82 80.42 89.52 81.33 74.29 77.59 80.31 86.54 76.91 70.95 74.92 76. 92 86.06 76.78 70.52 75.17 76.73 102. 95 102. 74 102. 56 102. 27 102. 62 101.40 106. 92 +0.3 -4.0 103. 31 99.42 4.10 103. 40 99.15 4.11 103. 61 99.08 4.12 103. 64 99.01 4.16 103. 80 99.41 4.16 104. 00 97.55 4.21 102. 75 97.46 4.26 +0.2 +0.4 0.0 +1.0 +2.0 -2.3 82, 985 69, 408 48, 220 42, 606 67, 545 51, 808 90, 839 +58.5 -25.6 40, 945 7,425 43, 660 18, 125 18, 845 18, 760 27, 700 7,021 24, 015 19, 160 16, 350 13, 330 39, 880 -13.3 31, 753 +172. 9 -39.8 -39.7 13, 180 3,138 8,000 2,385 14, 300 13, 068 11, 640 +499. 6 +22.9 34, 295 16, 505 7,035 22, 640 29, 345 8,850 8, 915 8,960 7, 070 21, 350 1,630 4,270 14, 105 5, 175 11,320 11, 270 8,755 7, 025 82, 696 860 19, 820 5,069 97, 426 844 11,979 29, 743 111, 657 840 15. 933 23, 081 108, 741 853 8,857 1,156 78, 329 797 4,128 6, 784 128, 030 813 50, 741 28, 039 4,673 5,949 7,921 .648 5, 270 5,988 8,041 .624 4,860 7,204 7,238 .606 5,011 5,083 7,279 .545 4, 845 4,504 7,487 .716 4.85 .029 .037 .027 .401 .268 .193 4.85 .029 .041 .028 .400 .267 .193 June Perct. increase ( } or"fedecrease (-) cumu1 lative 1926 from 1925 CUMULATIVE TOTAL FROM JANUARY 1 THROUGH O C T O BER31 PER CENT INCREASE (+) OR DECREASE (— ) 1925 from 1935 1926 +23.8 +12.9 +22.9 -16.1 -26.3 -16.9 2, 629, 513 294, 117 2, 923, 630 2, 293, 581 212, 869 2, 506, 459 -12.8 -27.6 -14.3 +0.2 +0.1 -0.5 -0.3 -0.1 +4.0 +5.9 +5.3 +3.2 +4.7 572, 101 548, 366 -4. 1 320, 497 133, 928 290, 582 114, 769 -9.3 -14.3 67, 018 74, 070 +10.5 37, 515 -33. 9 -62.4 8,393 +217. 5 -38.3 5,130 +165. 1 +120. 7 216, 659 93, 346 74, 227 215, 291 92, 748 73, 511 -0.6 -0.6 -1.0 -2.6 +1.5 -44.4 -95.0 -15.1 +4.9 -82.5 -95.9 855, 165 8,020 110, 602 232, 311 832, 143 8,285 179, 710 100, 785 -2.7 +3.3 +62. 5 -56.6 4,644 5,602 8,783 .711 +3.1 -29.4 +0.6 -10.1 +7.9 -9.3 -17.1 -23.3 51, 549 54, 800 83, 420 50, 421 61,211 79, 848 -2.2 +11.7 -4.3 4.85 .047 .041 .044 .402 .268 .193 4.84 .044 .040 .045 .402 .268 .193 0.0 0.0 +10.8 +3.7 -0.2 -0.4 0.0 +0.2 -34.1 +2.5 -37.8 -0.5 -0.4 0.0 Oct., 1925 BANKING AND FINANCE— Continued Stocks and Bonds— Continued Bond sales: Miscellaneous thous. of dolls.. 250, 875 Liberty-Victory thous. of dolls. . 26, 452 Total thous. of dolls. . 277, 327 Bond prices: 89.59 Highest-grade rails.p. ct. of par, 4% bond.. 82.20 Second-grade rails. .p. ct. of par, 4% bond.. 74.89 Public utility p. ct. of par, 4% bond.. 78.08 Industrial p. ct. of par, 4% bond.. 80.82 Comb, price index. _p. ct. of par, 4% bond.. I (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.. Loner-term real estate bonds issued: Grand total thous. of dolls.. Purpose of issueFinance construction. ..thous. of dolls.. Real estate mortgage.. .thous. of dolls. _ Acquisitions and improvements - _ thous. of dolls. . Kind of structure— Office and other commercial thous. of dolls _. Hotels .thous. of dolls.. Apartments thous. of dolls _. GOLD AND SILVER Gold: Domestic receipts at mint fine ounces ._ 68, 261 852 Rand output thous . of ounces . . Imports thous. of dolls.. 18, 890 3,346 Exports... _ thous. of dolls.. Silver: 5,211 Production thous. of fineoz.. 5,628 Imports thous. of dolls . 7,978 Exports thous. of dolls.. .655 Price at New York dolls per fine oz FOREIGN EXCHANGE BATES Europe: England.... France Italy Belgium Netherlands Sweden Switzerland Asia: Japan India Americas: Canada \rgentina Brazil Chile j dolls, per £ sterling.. dolls per franc _ dolls, per lira dolls, per franc dolls, per guilder dolls, per krone.. dolls, per franc 4.87 .029 .037 .030 .402 .268 .194 4.86 .025 .034 .024 .402 .268 .194 4.86 .028 .033 .028 .401 .268 .193 dolls, per yen.. dolls, per rupee .469 .363 .471 .363 .478 .364 .484 .363 .487 .362 .408 .366 .410 .366 +0.6 -0.3 +18.8 -1.1 1.001 .917 .155 .120 1.001 .921 .156 .121 1.001 .920 .154 .121 1.001 .922 .152 .121 1.001 .928 . 140 .121 1.000 .917 .135 .120 1.001 .934 .148 .121 +0.7 -7.9 0.0 o.o 0.0 -0.6 -5.4 0.0 339, 233 336, 605 343, 479 349, 954 374, 074 +11.5 +2.4 3, 453, 519 3, 706, 657 +7.3 95, 238 10, 193 15, 416 6,735 27, 344 105, 993 12, 069 18, 311 7,084 27, 346 108, 930 14, 444 17,299 8,451 29, 791 100,605 12, 843 15, 067 6,722 31, 526 115, 834 15, 675 15, 703 9,680 37, 717 :::::::: _ 5 888, 855 s 112, 217 Ull,462 s 73, 752 5 295, 877 s 942, 674 5 106, 561 s 148, 577 s 69. 539 s 282, 772 +6.1 -5.0 +33.3 -5.7 -4.4 78, 894 39, 880 79, 798 38, 902 77, 967 40, 432 76, 160 37, 356 81, 987 47, 115 « 743, 913 s 321, 732 s 752, 912 s 348, 003 +1.2 +8.2 41, 056 5,092 44, 858 4,835 42, 139 5,722 44, 241 5, 603 38, 789 4,003 5 388, 686 s 62, 308 5 426, 318 5 67, 741 +9.7 +8.7 117,324 35, 532 6,721 101, 089 37, 387 4,867 110, 322 37, 839 4,120 123, 410 47, 970 5,538 133. 989 39, 079 3,506 « 987, 131 5 1,123, 294 s 285, 499 « 268, 659 5 78, 458 5 70, 860 +13.8 +6.3 +10.7 131, 215 124, 399 135, 131 148, 243 151, 144 1, 246, 926 s 1, 379, 654 +10.6 42,209 29,312 65, 775 70. 721 42, 081 30, 550 63, 987 75. 588 39, 108 32, 588 62, 779 73. 873 45, 167 33, 278 58, 129 65. 137 44, 278 33, 192 65, 713 77. 224 dolls per Canadian doll dolls per gold peso dolls, per milreis dolls per paper peso i i i :::::::::::i:::::::::::j~:~~~" ! ! " U. S. FOREIGN TRADE Imports 336, 980 Grand total thous. of dolls By grand divisions: Europe — 104, 597 Total thous of dolls 10, 074 France thous of dolls 15, 100 Germany thous. of dolls 7,924 Italy thous of dolls United Kingdom thous of dolls 31, 591 North America88, 134 Total thous of dolls 41, 607 Canada thous of dolls South America40, 390 Total thous. of dolls 7,365 Argentina thous of dolls Asia and Oceania96, 527 Total thous of dolls 21, 137 Japan thous of dolls 7,332 \frica total thous of dolls By class of commodities: 122, 537 Crude materials thous of dolls Foodstuffs, crude, and 43, 040 food animals thous of dolls Manufactured foodstuffs. . -thous. of dolls.. 36, 025 64,332 Semimanufactures thous of dolls "Finishad rrmrmfftp.tnrp.s 5 thous. of dolls Nine months' cumulative, ending Sept. 30 71.046 383, 000 5 5 355, 941 » 342, 129 « 559, 887 a 574. 554 5391,312 +9.9 5 305, 632 -10.7 s 607, 223 +8.5 s 639. 834 1 +11.4 47 TREND OF BUSINESS MOVEMENTS—Continued 1926 The cumulatives shown are through October except where otherwise noted. Earlier data for items shown here may be found on pages 22 to 151 of the August, 1926, " Survey " June July August CUMULATIVE TOTAL Per ct. FROM JANUARY 1 inT H R O U G H OCTO- crease BER 31 (+) PEE, CENT INCREASE (+) OR DECREASE (— ) 1925 September October Septem- October Oct., 1926, from Sept., 1926 448, 724 457, 000 420, 368 490, 567 +1.8 Oct., 1926, from Oct. 1925 or decrease (-) cumulative 1926 from 1925 1925 1926 3, 993, 738 3, 867, 149 -3.2 1, 837, 260 5 188, 471 5 338, 760 1 5 153, 512 5 690, 273 M,579,007 5 177, 938 5 225, 212 55 111,067 659, 279 -14.1 -5.6 -33.5 -27.6 -4.5 U. S. FOREIGN TEADE— Continued Exports Grand total, including reexports thous. of dolls__ 338, 419 By grand divisions: Europe144, 393 Total thous. of dolls 14, 802 France thous of dolls Germany thous. of dolls.. 20, 170 10, 661 Italy. -. - thous. of dolls United Kingdom thous. of dolls.. 62, 647 North America— 98, 642 Total thous. of dolls 64, 989 Canada thous of dolls South America30, 126 Total thous. of dolls 9,770 Argentina thous. of dolls.. Asia and Oceania57, 490 Total - thous. of dolls 16, 895 Japan . thous. of dolls 6,768 Africa, total thous. of dolls.. Total, domestic exports only thous. of dolls.. 328, 728 By classes of commodities: 63, 245 Crude materials thous of dolls Foodstuffs, crude, and food animals thous. of dolls.. 21, 088 Manufactured foodstuffs thous. of dolls.. 34, 237 54, 986 Semimanufactures thous. of dolls 155, 172 Finished manufactures thous. of dolls Agricultural exports (quantities) : 71 All commodities index number All commodities except 104 cotton index number 368, 359 385, 621 -6.8 5 166, 123 12, 769 20, 395 12, 201 77, 446 186,961 14, 898 28, 844 10,817 73, 496 224, 186 19,006 44, 437 11,311 93, 642 229, 704 20, 495 52, 202 12, 803 91, 687 282, 702 34, 051 56, 481 17, 392 121, 394 101,912 66, 101 101, 640 69, 118 102, 389 65, 033 101, 586 62,100 96, 491 55, 798 5 853, 300 5 489, 003 5882,663 5 553, 581 +3.4 +13.2 37, 299 11,464 34, 290 11, 725 41, 562 13, 247 28, 993 9,661 31, 135 12, 144 5 292, 936 s 106, 516 5 324, 253 5 105, 428 +10.7 -1.0 ! 5 455, 909 5549,081 +20.4 5 139, 076 5 175, 145 +25.9 s 63, 766 574,145 ' +16.3 5 3,441,019 53,335,738 -3.1 54, 400 17, 805 8,625 360, 494 53, 654 14, 256 9,076 379, 496 71, 160 21, 754 9,427 440, 865 53, 076 18, 029 7,009 412, 728 73, 421 33, 170 6,861 482, 921 72, 093 76, 677 120, 607 132, 329 209, 659 s 884, 703 5 766, 784 -13.3 33, 908 35, 418 53, 145 165, 930 49, 932 42, 936 53, 207 156, 744 46, 484 47, 839 55, 450 170, 485 34, 632 52, 206 50, 143 143, 418 19, 312 51, 474 50, 751 151, 070 5 257, 910 5 422, 634 5 505, 249 51,367,522 5 234, 775 5 362, 804 5 478, 695 5 1, 492, 680 -9.0 -14.2 -5.3 +9.2 737, 991 * 838, 910 965, 342 989, 974 +13.7 +2.6 82 104 140 128 168 126 171 176 158 129 88, 605 111,595 89, 670 91, 663 85, 563 93, 327 CANADIAN FOEEIGN TEADE Total trade: Imports Exports thous of dolls thous. of dolls_. '" Nine months' cumulative, ending Sept. 30. 91,513 119,399 88, 127 131, 489 78, 663 109, 574 80, 800 +3.0 144, 520 ! +40.9 +9.1 -9.0 PUBHCATIONS OF TEtE OF COMMENCE , Eeceni publications of tee Department of se ^aying^theinpst ^reet^int^rest \o xreaders *>f ^he SIT^VIJ^ a^GttRBisi*^ ^ ,are listed below, - A compleiB Hit i] talfied tbjraddressing .the Division of ^biicatfojfe,il^pa3pti|i^t ,of Coal* , ^ _ , _ _ Washijigton. ^ ,- A -T1--*^^ ^p^cfeaied|^^ xK ; ^ ,; .Office, Washington, at the price stated.; If no price is in^tfoliaed, W& pubUcationslamafetilbuted free. I: v] ' ^ -^" IttlllEAtJ OF THE .CBNSIJR / "* , : / : r raeiit: deoaftmSrits ^al&,$smM: as \el j concar^iog pla^of publi<*ti0n Itnd N V/; ~ Einaneial Statistics-of\QtfeJ, 1924.^^is^report, presefife 1 - v'Statissticis. on the ..financial trarisactioiis*s. during *"" **" ,'•>.?• \; ' : W$4+ ^f 24& 4 cties cities^vtliici w^icjiMhalaapopulatton populationof ofS0/ 3HW#*ojrv * ^ _ _ ^_.li /-j _ j_* xt_> _ ^ -'—i-^--^,^. '•'*.» ir^rk^ - irj * ir J_-L: at tlie cepsm of 1920. It slows,. total from ^ven^e^; total ,and per caplti and interest, and ,toW outlays; erties:,* total andj ^er * dapita , of ' . /^t:^>* . Census of Agrifc|dt|ftre,^ , bijlletfm v |^;/xf <kmniy^et^iistMs ^n^r^nitig % ^-v ^%^Qntana, $0 .pages, po^icBJf, 1 ,L>±i T—'^*^ 3*. ,vTOt ^_<Lo._ '* , -£. inual Report of the Director of the Bureau of Foreign and _^_u4^ ^i __L^i_." _^_ 5f _ .^- ^A1^. '_*• ^t^ ~._^_ ^A _ __ \ » AN :-,_.'"*" ^ "V-.S. .f ^•***\'^>'». t t expbHs of - >6 F^ilgli Coiftniei^e^of (^X^b J[ and II. ^||B|t^ aj^cr^ i»z/u ana i»^»o^4 y&d^926.^>^Tli II %ad^: m^MMy _. __c,_ ^, es; stawics prtmd&;^|fa Alaska, Qawalivai ile .copies, rart Iy ^IpJ^Fk^t^n, &&. * --^ ^ '^,L,'^ Sixteenth Annual Report Mines to the Secretary oi^mi»er4*fe for JRseM^p^r Ended June 3% 10^6>%^4?4Cpaie%'l -plate.-' . "{^^' ^/^ - ^ ' , C.^ ^^_^_j ^^i^,, v._^^ ^®edal Reference to .Qilfftel^ T *'" **r 'tte^ssA*l^ttar^'slZartW -'^ ^ '* aid ;pages, 37 ^vantages jnlfcte.Hse offtke diamond. >r /»o^ Qft^f f *• Foreign Commerce and Navigation o( fkeCtliilted s^tiitics ot export^aiM i^ipo'rts by ancles, e^ Vfi^rictf; %l§e, S'tfit^ Research Agencies, a Guide to Pal Relating to Domestic _ ""*' " ' " -in-- ~ ' * ' ^ " ' ' Manual ^f Testing if eQiwibi f<fc Oil Shale aii^ ^hale Oil, j>y K Le^is^O. KarrfokV^Bulk;:^^ yi+70 pa^s;-22 lu^ri&oM, ^ 1 plate. Pricef, £0£. • •-*"' ' K ^ ' " - ^ : ^ - - . r , v-; *' " - t- ; : Alaska. and Specifications for,, Carbofi * Steel Fo£gin|:l3 tor fi^Jngl^.3>#'^^ ""^ T * T t^tfaer " of —i^T-nHiisa'fcinal StfAlrtrtaiferla ^Mr\''fl?i» o^lnot *3-*xor<»n^4-ll%T»^ A T /.V'- the Ms&et^ Industries ofti^csLtJnited Statear, Bette. = Document\ISfg^^ iMil,; {^peiidiiifV fo, tie Ui S- "GomBii^siOjaei: of* $l^tfees 4or ^fiislsa^ L Specitotioas . If; serial of , , . w , on. Price,; Asbestos: Boturce^, and Xrgie^Compiled Jia mineial se Atlantic Coast of i t ibn'witn thB-Bti^eati of Mtoes": VBrade Jnfofnata- " 1o fiUlsoboro4n|ei» ^tk Lighthouse to , , ,. ^yr- -jr-^r— Nio, 442^ ii4r2apages. lathis taUe%Isp4Ve^k^ September 1), 90'pages. * |T^is list desejibet afr S/'* Kjftefe Account of the asbestos deposits is various dototries "i ina^iniikKiM 'by ,fce<0ii|ted 'Stated dn t&e ^ ; M, f"ti|iett$ld0 in that pr&duct. ^Prjbce>%iO^« -" - , - ^ -'-'' "• itia, Sou|i£i Ga?«ffina> Georgia, and Ko r : ^ vx ^tfew &aiandr >its Resources ajad Foreign Trade, by anta Coast o*tli^ United Spates, B«oy - , ! A. Chapman, Tra^e .Infor^oaMo'B Sulletip No* 44 d Chiff Coajst to^wanee, JtiV0jr, tth Light tg; October ft., 74. pa^W. Thi^ K irectory of United States Exporters of Boots and Shoes T y>:^B Bnitecf andv Otto \ Beatti^r .l^fa^itcf es,—S^ond , ed|tipn? 1S^6. , . flrf 36 pages. Tlife diredory, names ^3 addrsses of Station ^to^and includingJ|he Su^ane.e . Hiver,., fir^os engaged to exportijif i „ v Light List, Ohio, Tennessee, Kanawha, and Monongahela , , ,• v Instructions for Automotive Exporters and Their Shipping Rivers, 14th Lighthouse CisM^, 1926 |eorrei|e4 C'$s ,!lro1k0rs for .Ouidance. in Jhropfrl^ Listing and Classifying 15)*:f 118T; pagest TMs^ fist de^erib^s all ; Automotive Apparatus and Supplies on Sluppers' Export by t% United Staie^ o» ^,-^, '' t of v^-* s\pages. H ^rhi04>tiblifia-i|on >is^& ^Eteekensive summary of ^^l V;:^ ihifiRi/wft.! Hof.A :W*fftt!*nrtVer Kucinoaa WMSI*I*M«V « ^\ ti$8c%i d^tia 4?e$fcrdMg tttft. t^elifft lifeJ«kri« ipaS bumess^f ^of -hKo**'^ the" Amcaie^n n ci General Information about Protection of Trade-marks, ?\;^p^>le* |^icer,\^l. v/ ~ : , v - > * '* ^-: l - ^ >*. * v' : 7 / i € " % : ' • * "' -•'* ^ < ' ' ^-^ ^ "' - "•'< -- ^, ,^ --*« , " " Milts, %id tafe^l^Sevised ' ri^n,; :-r* s *\ •"-""••• Sf ANDARDS -. Concerning United States : of Prints and Labels, with Rules of Office Relating >; United JS|af^ Ooy^toipeiit-Aa^terv^pe^fiia^n^^ of the Patent Office ting Thereto.-— r\ :^eclfiba|l^ftforthep^na^^I^ater^ http://fraser.stlouisfed.org/ ^x'-/ '" " : > r ^V; " Federal Reserve Bank of St. Louis *.' .- , "- - ' 't''<~-' ^' ^tS^oB0l.^fembd: %1&2& \19^ages; c "" " ""* ' ;. ,'/**''/!' "/",* ^ - ' - ? ^" ^/ - "^^""'^ '*—-V " , ~ v V < ;.' 7 V-' ^ ^ ' " - • ; v - ; '-' O^.'/"' ql C O M M E E C E HOOVER, Secretary of Commerce CBtMF FUNCTIONS OF £f/REAUS B0REAU 61 i^ion, ^nd "distributio^n of ,food fish;vatidl slielljBsh. •^a +*-. pi-ojfripte conservaiioii of. fishery J.A»^«»^«,I cnsus aas ?/ - 70 t- v ' " „ ' *V\ r* :tov%fiaa^e£ of >f Jishiary 'tt^l^ods, imprdveuiel&ts ii to^rc^«« * > ,\ totitu®&8, ka fisheries and fdf sei|is ^tid the 'lafc, -es off the coast $$***--*^ icr- ^ TNAM, <Jomj^tesi^^ ce <rf lighthouses and M§$r a!d^ io ftavlga , aiy^ o"f tight Usts, Mw$ ^iM&;M£ ^IsTtpf ^io ! ctjg fef oration fcrt^l^^-^wt^;^iwM I ifoa^^i' ^oJxlf^tiQnj f|;;{:;: S^v*»»f*ffffw$?s *I!B;DQ5P i i> -^txS'»%; VTO^,';cDlfaM«^»'^, ^Bfey-.;-tij*<*r¥»toB %)'-'-, '^t^'-i'-ui -maft^.^tt$a8M1»iid-oj>ieowg^;*i>i';Aa»ertt !f^ -'•! ^K'-:-m^M^^:'^m\^m eom^^ < •-,'/* F .'-v.^^j.''^ -:^-V^;l- . ^ ^ ^ BBilipgi^e, Wwfe,fla^il^JPbrto ''^06;* * '' l '*' in for* f/^^^^irtfti%;bo^fti^^ ^r0alar^' *^6 ae«rs ^ntl ^ i^:. V; fc:«M throughout all , --, ^ ^au includes base measui^/ Man guJ^ ,, / ^ o^ith and magnetic ohseryations afa^ ^ l^apst fa^dfograplfy, tide, a^d: ea ( publicatione, a^d ,^jcial f>bbMca%oiiiv ^ t f , r>\t» * - , -nail jttutty^ ^.^p^^sefi oy;ic|ome|ttc $raws**&a comme ; l i(f^};'/^s}^;^: - • ,i \\,i ^r^r/^iS^||lir^f^S^Np^Bps '\ ' ' - * / J : i^"^ ,f ?:;^' X '.f ^ , ^X' V^*^^> t .^^O^ i*Ys - •%-/-, -^ c - ikv- ;L x - ^ - ^, :-V^TV^JT- ,--p * ' -, >\ - . » , - , - - " >*•'*" .,,,. _ __ ' of gt4^cwr<l«, |:-\>< ' v'-^ife, ^ v. ; :' Oaslody^ *j&empraMftV1M*a <?oi0t^tf^iaoii' f ormance, or practice, comparison of • ^ ' • |%, ^" L b^->-^;?«i ^^^^ ^•i^^' * *** ^.K'-iWi-i ' x *ltp 1»^ **? " ' ' ^ V - . ' v "T^-^^TT ;4,T>: t-^s A^, \/\>- ;\ teMW4^ •::-;^^ v-«"»-» "^^L'V'J'T -^ ^,' , / * ' . estabtrshinent of standards and th commercml firms or organimtion, lai materials and processes. mdlo ^i h^at laws* , %yi;-"•:*>; "^^fMl^m ^, t ^ ^ I^SPEC#i6lf >' -> , x ^ * '^t " r j, " *^ , as well as ' ' -'^ «^B^>Uw M* HOOV«R, Supervising inspector Gener&j , . iBf|3see|i0n df %easels^ the licensing?ojt tie officers of ' ( . * . ,{*. sels.; ioB ojf laws relating to such of t^imici4 tt ol the ^r ijSca^o» of ibjfe sc^ioie v of merchant vesseJs. ;*^n3r "ftv: ''!«/* "' /rr^w^l^M ; ii^ tfee trtas^ Ikjfterg] ifcle f ir : i-sV^?:^ N "^'"fv , A o=^>f hulls land kjl TifG~ p ^ ^ r e e o r ^ ^\,. , : j ' ns in mining, preparation, and utiliza; ^itl\ %*y$fat fefQ^tfea&g pf^afet? fe, fdii^ral , Indufitri^ 1 t^Sudiag - . - • : • - -\>' i *>afety iikihod^/ati «r, Gommwsioner a o f ^tir01«i , v«*«*» ^«*yJ ^f ifc^ graotiftg of paints afedllie registration of tade-tnarks, printe and labels, including: technical examination : v 4 f »s^V' *'^ '\v!i^ -^ • ^d^df^a1,|>r^^dings< , \^ '" \^*'^ *'\> }//-' - ; " ^ 1 ^ ' " ^^^ r!'/',,; ." ^7f V ,-M«>w™i 591 fc^«^j^f1^c^tio%of p^t^'fcr'^K«i^a6ii cff ^ , \ Mai»$eBan6e7 of ^braty ^ith |n|Me search Irooffi^ containing co|?iW ^f 4J| ptlbHf bred, foreign *pifctib£'i*t^ wM as/ Owte<| :> 1 4 ^- ' ! •*.',»V \;%t v"^^V 8MS»1bBi' fbte;^|i^rf^^C ftarfeetog ,^iikk$t 1^9'' f t^toi jpstenfer aif|l>%de-^rkg;, ( ^«i|Ltajikt*~ r^joi^iug oftse^; ff^'' ^V ' . ' «^, «^trl^-.Ai^»» i*.* A*^*4it"*Srfki* ^,*k, «4if« «-kl M«*i*n»iMktt ^Ltfe/t. *frt«*riA af/tAiH^^>fa * |:VT , . />. -? , ; eouecnon or statistics OB mineral resources i^^a^ accjaents. >6l|?rw «tde(- assigtotoeBls, et^ /e^MUt ^to ^a^p^s ^W trade* ; iiiiis/"" FumJah^ Furnish^ coies ^ patents, copies of of %llil tecoV^spe^iirtttg tec. ^V ' -!-'"'•"'' f- !-x-^/>Jip^fe|fetdt^8^%M 'fei^^^lsi'^^^Kidcj^J papers, mineral tA'fejp^jPi5w6, ,, - * v.«4datiqii c|r t|e ^OffifeiaL J»a« c patents and, trade-marks issued, . ^ u^^^ f.m: M k-fMf'^} y rt ^'^v.H*r ^4!^|V '^'^^'^^v' ./A^^^JNV^'^''^//^ " ' ^ ' ^ ^ . ^ ^ v '\- " '"* 7 O|M|1 Ol- 8^W^' aSSigt ~«- ^», »,-^yy ^^