View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

^^gj^fl^^jl^^^iS^
' -- v \* >x ^'v^'V^'x*'^*- ' ..-T-^1'- *£y .- ^ , ; ' 4 ; ~ ' ^

^\^f^^^^^^^^'f^',

f

v y/ v

;

*,**Vt T V >:x >.' k:

<r

> o\ u" ' •• y

l

::r
' .. ( v « > i-^
*v ( ^ s
^ -' "- ' -t,
n ^ x v'.1 * ': :^ , ' - V ^ ' V V

J

-.V' ; ^ ^\.c*O'^\

;

\ t lv c- * *»* f r f '• /, ,

^fts^@;;v•••,?:-~"' :::-:m;64;r-r;;:./-: -• -.K:;i -.-•:•••
^^[^X^Al^^'^^^i ^ -*x ^

&*i **.^if- iv .v '<sr%## -.<• ^ , - f 'r- ,; ^ ^ .
^XVv^V i';^ v i^^iV-' -^- " ''

:

x

:

^^'%^
5

:

K '"
: "

.v ,

^

, •
I-1

»

- '

v' x •» y ^
- ' . '-

i,

J '

^^&^&^' l •%.{•: .'Jj^;':;; A^.,>;v;4^-:r' '^3:&£<>?':;
;:^j;$^^p|^^: ^:,;; ^;\. ;^:^ j^asfei:;,.*„ .•-c:-c" .--:•,--:>.:•.:•,:,:w,/^•••

P
^?^U'sS

I " " - ;

*'

>,

'

^-J.

,X

.




iti" ^C^^;ij^f^^iJ^

--

:

^&

"*>

,

r-

'

V

*

' '

'

»

••

*

i

\ '

INTRODiUCTION
OT StiBVEY OF CURRENT BtmiNEaa is deigned ;to~ ypei^^nt^oifc^the fbtfs^ pdri^d, while n i*elati^0-iiunabBrlr''
~ preeenu eacn inontk
montu a pictiire
picpre of
01 tlie
we bi^in^
t>usines^tsiiiuamop \of
;or w ^meanspa
means: a d^i^^fe
o@Gi^ase xtfi^piper
^i^f/\per oeikttfrom
0ei)& jcrom -tfi^
$p$ ba^e,.
p$pa>
^^tiwi^b^jtoay^o
be^used
to i^3et&te^iB *'•
.,* by letting foffth |he prinpij>al facts je^ar^Bg t|^a7vari* /:k'®$^TO^^
fo
used ^:^^t&tei^Bt:;
o&s Hii^of trad^mdiadtigtly/; A£etiiati^^
visis detailed
dfltftilM ^fc>l^
tft.hi AS are^pubHsfied
ar&nubHsfiad gtViag,
rfVineLlorWaehitettt;
!&tot Iron! oii§^
v^
fprrt
XJCip AliXCJO VJA' VAC* VIV CWAV*. JtMAiU-pV* Jr •

> XJLV OVJiiiit^Jai

r». r _ ^_" Jl f*--^_

r_w>,™, -^et| avioia^ b^ck to 1913;,also blank
_____ s^Mcient foir six montife jhav^ been,left at the
bottom ol/eafeh table enablidg thdse^ 3%6 iciare tifdo ,
r
, so to toter;iew' figured ,«sf sooiL as .they appear (^ee^
issue foy A^ust, 1926, K% 60). In th€t intervening

iaSle , en

ttaa

^.^,."4. ?•!«' " *V

1019 ean
-

^^~

. has

-of

| that vctirreiJLt
tise they i^uilb ^eacl^t^e

^•*«

„ *

the
vvJULtp«JLAov/j-i vj^ « ^i^^^i^^pa^^v-i*^*** JIIA^-LUO *V*,^^EI^|»" ^

' leaflets
inf®-

if s aiwi gii?

on

..^tw^cc^w^&ca^^^;gglf:,^:, ,;:.'?^5|>
•:-'«d- *' -'*-"V v"

britotitftf, ctetiito^t^ ^^ : feffi^
im^

'-*. -" "-'•!••. ^Vjgf?-".•'1"."'' A •Y-',--'t--V":"Vr*'-:f:A

Wnett li^o M jboJce 8«*H^'4>f j»abvti liBfflftJs^ftaa**-^

e

'-~*3Z >v*y?W|J^"*3rlTO!r AUtSMa^f^^^M^^vp

r biilfetin & ffistidibijted as qaicMy

iJLUAllfJClIS, «T^

[5t6/fh0^vtfie"tf 0aot$&m OTtir^'^tjipL' S|^S;;< ^:
M^ 'sij^le $o2t]tmodity
^JD3OTst^%M<A^&&^f$$$$&\^
tnodity ^^lst^%2ch,Afc^
>|rel^^|>f

*•-/^Kr«^'rin6«McjA*»o -*«r*4«ik fJ'iA v^'kt*^-"'**'*'» *»v/**=*^-^ s>

; -T«3r;
fufiction^->
data' ^whi
of

^1.-* "-»* »-"' T

'

f

"••
^4>fh^ peiio3§ ^ireftiia^;:& tfie saine manner"•faij'jf1yi
in Jthe aie^i^|lan^Ha^ tablas are ^witi
^i eMWatiee. Tie ^hidf tfe^si^l^df *T%!a^V^B Iftfii^jJl^^^ 5 *- - - - .r ^," . *\ ^"; ^'; "^-; ^^ll" e
t^^fe fc/br&g together /these
at QS^&e^j^^
es^^^
^
tv publipatiqns; / A jportioi of
'
^
\Go^^^
by ite^
i-jy^"*

«T

•*• •»'*>"T^'«^ --ag«^**» ^=yy"»*?y«

•**i^», *r-*«w^

T

-w^^^a^tj^^arAs

L ffi^lape idE von% ^^t:^ad ''tiiat *$&j$8fi

&&r&a^^
i^'^B:iop^^^^.^ ^;: ->-.^ :vi'^>"^;Vv;j
hate been

to ^

dnva

kt ^Iwi can a<it so e^sifly
' be
In ^Qipil^&g tlies&e relative nidmbei*s „
_warr year,"1^13^ cfr i&. ^ome instants, a?^ five-year averiga, ^909^1913^ hae been used % a base 6<pa£ to itt)
^he reMfiva numbers are competed |^y 0fl&wing tfee
~v — ^ ih^ ^pveB&pEt for a eta^^nt IfooBitfe is gpe&tei'
than
the base^ the relative, ^umb^c wiHjbe 0pe^ter than
^s*.f*.
* ' $ * r j "!^_^.^ , -mi. ^ * JL*/5p_, * -i-.-C -C." ^i j 1— •* /\r» »i^J
the >elai£iw taumb^ will gi^e *f r^ittc the pe^ eent
; 4^ea$e /qoinp^d ^% ^e ;bise perioA.
>
4 ie|«te¥e n^nibfl c^ IIS
' iMto%^pwea^:0f
'^ 15
tt

iv\ ^v^^^?^vv/:^r

>t-t*traci.|ir
IIM~ the
»f«c "frytftfric^vf
lly vwMi^ttri.^
complete w^C'tt
data f<&
month of «fv*wof
October M/«M.
and *also item
November received <p to November 26. (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

^^