Full text of Survey of Current Business : February 1923
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
MONTHLY SUPPLEMENT TO COMMERCE REPORTS UNITED STATES DEPARTMENT OF COMMERCE WASHINGTON SURVEY OF CURRENT BUSINESS BUREAU OF THE CENSUS COMPILED BY BUREAU OF FOREIGN AND DOMESTIC COMMERCE No. 18 FEBRUARY : BUREAU OF STANDARDS 1923 CONTENTS Page. Summary for December Business indicators (diagrams and table) Wholesale price comparisons (diagrams and table) Comparison of wholesale price index numbers (diagram) Business conditions in September (text and diagrams) Index numbers of production and marketing Trend of business movements (table) World crop production Detailed tables: Textiles (Tables 1 to 8) Metals (Tables 9 to 15, 17, 18) Production index (Table 16) Fuels (Tables 19 to 23) Automobiles and rubber (Tables 24 to 26) 1 2 4 6 7 22 24 46 48 56 63 66 71 Detailed tables—Continued. Page. Hides and leather (Tables 27 to 30) 74 Paper (Tables 31 to 36) 78 Building construction and materials (Tables 37 to 53) 84 Chemicals and fats and oils (Tables 54 to 62) 101 Foodstuffs and tobacco (Tables 63 to 85) 110 Transportation (Tables 86 to 91) 132 Distribution movements (Tables 92 to 97) 138 Labor and price indexes (Tables 98 to 105) 144 Banking and finance (Tables 106 to 119) 152 Foreign exchange and trade of United States (Tables 120 to 126) 166 Trade and industry of foreign countries (Tables 127 to 137). 173 Sources of data 185 Index 189 SUMMARY FOR DECEMBER. Well-sustained business and industrial activity is shown by the figures for the month of December. In many instances increases were noted over the preceding month, although there is usually a let-up in industrial movements in December. The improvement in the transportation situation enabled heavier shipments to be made in many commodities, particularly in building materials. Retail sales were of record proportions and current reports indicate that sales have been well maintained during January. Prices remained relatively stable, with further increases in agricultural products, thus bringing these more nearly into line with other commodities. Prices received by farmers for crops increased from an index number of 118 in November to 123 in December. This is the highest figure reached since January, 1921. The fatm price of live stock declined slightly, giving an index number of only 104 in December, compared with 100 as the average for 1913. The cost of living has continued to rise gradually, due largely to increases in food and fuels. In the textile field, cotton consumption declined from the November high record, wool receipts increased, and silk consumption declined slightly. 29011°—23 1 Pig-iron production increased, but the output of steel ingots fell off slightly, and unfilled orders of the United States Steel Corporation again declined, av factor taken in the trade as indicative of better deliveries and sustained production rather than a falling off in the volume of orders received. Building contracts awarded in December were about 10 per cent greater than in December, 1921, and almost three times as large, measured by floor space, as in December, 1920. Fabricated structural-steel sales increased over November, whereas a seasonal decline might have been expected. Some seasonal declines were shown in the production of lumber, but the movement was far in excess of a year ago. Coal production continued heavy. The output of automobiles declined but slightly in a seasonal movement. On the whole, a bright outlook for the immediate future, so far as domestic trade and industry is concerned, is shown by these statistics. The disturbed foreign situation has so far appeared to have but little effect upon such delicate indicators of industrial and commercial health as the stock and bond market. BUSINESS INDICATORS. [1913 monthly average= 100. See explanation on inside fronx cover.] 1920 1921 COTTON CONSUMPTION. BITUMINOUS COAL PRODUCTION. PIG-IRON PRODUCTION. 1922 1920 000 1921 1920. 1922 00 600 j 400 00 i ^ ^ A - INDEX —V \ / \_ /~\s \ \ r- V\ J / A 20 10 10 r~ 100 r i/ V \i\ iI A / // 80 S*^—— 40 BANK CLEARINGS OUTSIDE NEW YORK CITY (VALUES). EXPORTS (VALUES). 1922 1921 i "V ro NET FREIGHT TON-MILES. 1.000 1920 1.000 800 \ 60 w 40 20 1920 1922 800 400 z too F9S1 ,000 — 800 1921 1920 000 1922 1921 1922 800 800 600 600 600 400 400 200 NUMBERS i . 2 —^s V si .... . 8 ^ ^ 8 INDEX NUMBERS 400 100 X _j U! D Z 60 en 40 40 40 20 20 20 10 If) IQ DEFAULTED LIABILITIES (VALUES). 1920 (921 WHOLESALE PRICES. |9?2 1.000 600 600 400 400 PRICE OF 25 INDUSTRIAL STOCKS, (922 40 / NUMBERS 100 V^ X w 80 - 60 40 40 20 20 : 1 I 1 10 1922 1 40Q INDEX 1 60 1921 800 g* Z 1920 1 000 ^-\ $ i X NUMBERS 1921 600 800 Z 1920 '0 in ] X I BUSINESS INDICATORS. The following table gives comparative index numbers for a selected list of important business movements. It is believed that this table will prove useful, because it separates out from the large mass of material a comparatively small number of items which are often regarded as indicative of business in general. The table has been divided into two parts, the first containing those items for which index 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 index 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 index numbers, compared to previous months, does reflect the present tendency in each item and will give a basis for business judgment. 1921 MONTHLY AVERAGE. 1922 COMMODITY. 1920 1921 1922 Nov. Dec Jan. Feb. Mar. Apr. May. June. July. Aug. Sept. Oct. Nov. Dec. 71 100 98 2 56 225 109 127 109 79 108 95 65 103 219 103 131 101 103 130 102 112 113 231 111 141 113 111 121 131 126 101 102 112 111 101 113 117 251 138 253 184 252 252 191' 193 1918 monthly average-100. Production t Pig iron* Steel ingots Copper Anthracite coal* Bituminous coal* Crude petroleum* Cotton (consumption)*4 Beef Pork Unfilled orders: Steel Corporation Stocks: Crude petroleum* Cotton (mills and warehouses) * 4 ... Prices: Wholesale index, all commodities (Dept. Labor) Retail food (Dept. Labor) Retail coal, bitum.—U. 8. average (Dept. Labor) Farm crops (Dept. Agriculture) >... Farm live stock (Dept. Agriculture). Business finances: Defaulted liabilities Price 25 industrial stocks* Price 25 railroad stocks*. Banking: Bank clearings, New York City Bank clearings, outside N. Y. City.. Commercial paper interest r a t e . . . . . Distribution: Imports (value) Exports (value) Sales, mail-order houses Transportation: Freight, net ton-miles 119 135 99 97 116 178 111 121 111 54 64 39 99 87 189 85 109 116 170 90 109 150 152 183 226 203 55 75 22 93 92 183 109 114 118 64 65 18 81 79 203 106 99 133 64 72 25 82 94 208 109 111 144 64 79 37 89 103 197 98 98 123 79 107 61 115 126 225 108 119 118 81 111 75 («) 40 216 92 106 105 72 72 72 70 76 86 234 161 170 224 177 224 187 203 199 187 211 171 225 151 235 128 244 103 249 87 260 147 153 149 142 141 152 140 150 138 142 141 142 142 139 143 139 148 139 150 141 155 142 155 139 153 140 154 140 156 156 145 147 207 238 168 197 109 107 188 113 111 190 98 92 189 97 91 182 98 95 179 105 108 179 112 117 177 115 115 175 118 118 175 119 119 175 118 119 184 114 112 205 110 109 205 110 110 208 207 123 104 108 184 67 230 136 64 229 235 136 65 385 140 325 143 65 320 149 315 153 70 322 163 74 195 166 76 168 166 74 176 170 77 177 178 82 162 184 83 152 191 83 177 182 76 256 257 275 127 205 212 113 230 228 76 213 215 90 234 225 89 219 209 85 195 184 84 237 221 83 238 212 79 244 228 74 255 233 70 233 224 65 215 225 219 233 72 249 267 76 220 246 240 260 294 331 264 140 181 188 154 204 141 142 211 159 143 217 145 135 175 144 121 161 171 159 211 145 154 196 169 149 194 174 162 174 169 146 154 181 146 157 199 151 190 214 179 268 137 105 107 94 99 104 120 90 102 106 99 111 125 140 87 110 81 58 85 222 102 90 123 90 («) 51 224 103 124 133 92 119 93 1 56 220 106 125 149 94 113 92 2 43 225 95 119 117 95 114 117 230 242 120 109 134 146 118 105 187 74 76 184 277 166 287 123 100 124 101 95 83 1919 monthly average =100. Production: Lumber 2 Building contracts (floor space)..... Stocks: Beef Pork Business finances: Bond prices index (40 issues) Banking: Debits to individual accounts, outside New York City Federal Reserve, bills discounted... Federal Reserve, total reserves 100 72 85 69 114 102 97 81 89 76 90 65 95 64 103 111 107 125 126 128 132 130 122 111 129 116 124 70 97 43 85 27 70 33 43 35 51 33 60 31 67 29 74 27 76 24 83 21 94 20 91 20 22 67 28 47 40 50 48 81 87 107 90 93 102 102 104 107 108 108 109 111 112 110 107 107 91 91 122 97 28 144 85 66 137 100 61 137 95 44 140 84 37 141 99 33 142 94 30 143 92 29 143 98 24 144 93 20 145 90 21 146 94 22 146 105 24 147 98 34 146 112 114 132 97 95 67 33 144 •Monthly statistics on the movements since January, 1913, or as far back as available, are given on pages 47-49 of the December Survey (No. 16). 1 Monthly prices are for the 15th of the month indicated. 2 Based on the total computed production reported by 5 associations. Includes southern pine, Douglas fir, western pine, North Carolina pine, and Michigan hard and soft woods. The total production of these associations in 1919 was equal to 11,190,000,000 board feet, compared with a total lumber production for the country of 34,552,000,000 board feet reported by the census. 3 Loss than 1. « Yearly figures are monthly averages for the crop year ending July 31 of year indicated. COMPARISON OF PRESENT WHOLESALE PRICES WITH PEAK AND PRE-WAR. (Relative prices 1913=100.) INDEX NUMBERS 300 400 WHEAT CORN POTATOES COTTON COTTON SEED WOOL CATTLE. BEEF HOGS LAMBS WHEAT. SPRING WHEAT WINTER CORN. NO, 2 OATS BARLEY WYE NO. 2 TOBACCO BURLEY COTTON. MIDDLING WOOL. OHIO. UNWASHED CATTLE. STEERS HOGS. ,HEAVY SHEEP EWES SHEEP LAMBS FLOUR. SPRING FLOUR. WINTER SUGAR. RAW SUGAR. GRANULATED COTTONSEED OIL BEEF CARCASS BEEF STEER, ROUNDS PORK LOINS COTTON YARN COTTON. PR I NT CLOTH COTTON, SHEETING WOR8TED YARN WOMEN'S DRESS GOODS SUITINGS SILK. RAW HIDES. PACKER'S HIDE8. CALFSKINS LEATHER.SOLE LEATHER. CHROME BOOTS AND SHOES (BO9TON0 COAL. BITUMINOUS COAL. ANTHRACITE COKE PETROLEUM PIG IRON. FOUNDRY PIG IRON. BASIC STEEL BILLETS. BESSEMER COPPER LEAD TIN ZINC LUMBER. PINE. SOUTHERN, LUMBER. DOUGLA8 FIR BRICK. COMMON. NEW YORX BRICK. COMMON. CHICAGO". CEMENT STEEL BEAMS RUBBER. CRUDE SULPHURIC ACID WHOLESALE PRICE COMPARISONS.—MAXIMUM PRICE COMPARED TO PRICE IN RECENT MONTHS. NOTE.—Prices to the producer on farm products are from U S. Department of Agriculture, Bureau of Agricultural Economics. All other prices are from U. S. Department of Labor, Bureau of Labor Statistics, except market price of wool compiled by U. S. Department of Commerce, Bureau of the Census. As far as possible all quotations represent prices to the producer or at the mill. See diagram on opposite page. COMMODITIES. Date and maximum relative price. Oct., 1922. Nov., 1922. Dec, 1922. Per cent increase (+) or decrease (—) in Dec. from Nov. Relative price. (1913 average=lOO.) Farm products—Average price to producer: Wheat Corn. Potatoes Cotton Cottonseed... Wool Cattle, beet.. Hogs Lambs Farm products—Market price: Wheat, No. 1, northern, spring (Chicago) Wheat, No. 2, red, winter (Chicago) Corn, contract grades, No. 2, cash (Chicago) Oats, contract grades, cash (Chicago) Barley, fair to good, malting (Chicago) Rye, No. 2, cash (Chicago) Tobacco, burley, good leaf, dark red (Louisville) Cotton, middling upland (New York) Wool, unwashed,fine(Ohio) Cattle, steers, good to choice, corn fed (Chicago) Hogs, heavy (Chicago) Sheep, ewes (Chicago) Sheep, lambs (Chicago) Food: Flour, standard patents (Minneapolis) Flour, winter straights (Kansas City) Sugar, 96° centrifugal (New York) , Sugar, granulated, in barrels (New York) Cottonseed oil, prime summer yellow (New York) Beef, fresh carcass good native steers (Chicago) , Beef, fresh steer rounds No. 2 (Chicago) Pork, loins, fresh (Chicago) Clothing: Cotton yarns, carded, white, northern, mule spun, 22-1 cones (Boston) Cotton, print cloth, 27 inches, 64 x 60-7.60 yards to pound (Boston) Cotton, sheeting, brown, 4/4 Ware Shoals L. L. (New York) Worsted yarns: 2/32's crossbred stock, white, in skein (Boston) Women's dress goods, storm serge, all-wool, double warp, 50 inches (New York) Suitings, wool, dyed blue, 55-56 inches, 16-ounce Middlesex (Boston) 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, hemlock, middle, No. 1 (Boston) Leather, chrome calf, dull or bright, "B " grades (Boston) Boots and shoes, men's black calf, blucher (Massachusetts) Men's dress welt tan calf (St. Louis) Fuels: Coal, bituminous, Pittsburgh, mine run—Kanawha (Cincinnati) Coal, anthracite, chestnut (New York tidewater) Coke, Connellsville (range of prompt and future) furnace—at ovens Petroleum, crude, Kansas-Oklahoma—at wells Metals: Pig iron, foundry No. 2, northern (Pittsburgh) Pig iron, basic, valley furnace Steel billets, Bessemer (Pittsburgh) Copper ingots, electrolytic, early delivery (New York) Lead, pig, desilverized, for early delivery (New York) Tin, pig, for early delivery (New York) Zinc, slab, western, early delivery (New York) Building materials and miscellaneous: Lumber, pine, southern, yellowflooring,1 x 4, " B " and better (Hattiesburg district). Lumber, Douglas fir, No. 1, common, s 1 s, 1 x 8 x 10 (State of Washington) Brick, common red, domestic building (New York) Brick, common building, salmon, run of kiln (Chicago) Cement, Portland, net without bags to trade, f. o. b. plant (Chicago district) Steel beams, mill (Pittsburgh) Rubber, Para Island,fine(New York) Sulphuric acid, 66 degrees (New York) 1920 1920 1920 1920 1920 1918 1919 1919 1920 326 300 706 312 321 344 183 256 239 123 102 105 187 146 193 93 111 165 127 106 97 198 184 199 90 104 169 133 113 99 204 197 211 89 102 172 +4.7 +6.6 +2.1 +3.0 +7.1 +6.0 -1.1 -1.9 +1.8 May, 1920 May, 1920 Sept., 1917 June, 1920 Mar., 1918 Mar., 1918 Mar., 1919 Apr., 1920 Mar., 1920 Mar., 1919 July, 1919 Apr., 1918 Feb., 1920 354 302 331 296 325 451 352 331 350 218 266 319 263 129 119 111 115 106 122 208 178 227 120 112 114 173 134 129 116 118 108 136 208 200 232 123 99 137 180 140 134 117 122 110 140 208 201 227 124 99 133 191 +4.5 +3.9 +0.9 +3.4 + 1.9 +2.9 May, 1920 May, 1917 May, 1920 May, 1920 July, 1919 Sept., 1920 July, 1920 Sept., 1919 363 598 526 374 201 211 254 140 149 155 154 127 120 107 173 146 148 160 160 130 120 107 125 148 152 163 162 134 120 106 102 + 1.4 +2.7 + 1.9 + 1.3 +3.1 0.0 -0.9 -18.4 May, Apr., May, Jan., Oct., July, Jan., Aug., Aug., Mar. Nov., Mar., Aug., 348 478 427 289 292 291 466 283 490 211 473 308 292 171 208 176 193 146 213 229 123 104 124 173 204 153 183 223 190 212 169 221 217 124 100 124 167 204 153 186 223 196 212 169 221 22ft 111 85 124 167 204 153 + 1.6 Sept., 1922 Oct., 1921 Aug., 1920 Mar., 1920 336 201 637 375 291 198 402 134 291 198 295 134 200 287 134 July, Sept., July, Mar., June, May, June, 346 330 388 230 261 224 386 210 210 155 87 152 77 124 185 189 146 87 165 82 129 171 169 142 90 166 84 127 -10.6 -2.7 +3.4 +0.6 +2.4 -1.6 455 407 381 251 195 331 124 250 216 212 232 182 173 141 24 73 214 212 225 176 173 136 27 70 216 212 266 177 171 132 28 70 +0.9 0.0 + 18.2 +0.6 -1.2 -2.9 +3.7 0.0 June, July, June, July, May, July, May, July, Apr., 1920 1920 1920 1920 1918 1920 1920 1919 1919 1917 1919 1920 1919 1917 1920 1917 1917 1917 1918 1915 Feb., 1920 Jan., 1920 Feb., 1920 Oct., 1920 Sept., 1920 June, 1917 Jan., 1913 Feb., 1916 0.0 +0.5 -2.2 +0.8 0.0 -2.9 +6.1 0.0 +3.2 0.0 0.0 0.0 +4.1 -10.5 -15.0 0.0 0.0 0.0 0.0 -7.9 + 1.0 -2.7 0.0 -7.6 COMPARISON OF WHOLESALE PRICES BY GROUPS. (U. S. Department of Labor index numbers. Relative price3 1913=100.) 1916 J M M J 1918 1917 S N J M M J 8 N J M M J 1919 S N J M M J S J M M J 1922 1921 1920 N S N J M M J S N J M M 0 1 J 8 N 1 I 1 300 / // / / 260 i 240 1 /I 1 220 200 \ \ J: 1 / s. N J 1 140 120 S2S * J r J y s / / ! \ / ' i / i I i r TIE / / / • ^ 1 P f \ ..... / , <- \ \— A_ \ i / \ . \ \ - -^ / 1 26 i % t • i \ / \ \ / y ji \ y / i J j ^ s / i / \N /' / / or i \ \ \ \ i Ofl \ \ I*' oil j r % \ IIf i - 13 If 280 * 160 X J ^" \ t *>n \ t\ A - / y / vs \ / • ' * N 10 ^' ^ / ^ mm V^ / / \ 191 12 —^ / r A \ ER/ G E 10 60 80 60 60 40 40 20 90 0 D Z BUSINESS CONDITIONS IN DECEMBER. The following pages contain a review by the principal industries of the more important statistics shown in the table on the "Trend of business movements" (p. 24). Summaries of production, stocks, sales, and price changes are given also. PRODUCTION. Productive activity always shows a seasonal decline in the last month of the year. In December, 1922, this decline was not so marked as in many preceding years. Reports indicated that manufacturing plants reduced the holiday vacations to a minimum and in most industries endeavored to keep their plants running on full time. That some reduction in the average output did occur is indicated by figures in the accompanying table, which gives index numbers showing the course of production since 1919. Out of the 50 commodities for which figures are available, at the time this is written, 32 showed a decline compared with November and 18 increased. If the comparison is made with the corresponding month a year ago a better idea is obtained of the progress which industry has made during the 12 months. Of the same 50 commodities, 44 show an increase over the output in December, 1921, and only 6 declined. Compared with the average for 1919, there were 32 commodities jjwhose output in December, 1922, was equal to or exceeded that level, and only 18 which had a smaller output. Last month we gave a table showing the 11-month total production for a number of commodities for 1921 and 1922. The accompanying table gives the total for each of the last three calendar years for a number of industries. COURSE OF PRODUCTION SINCE 1919. RELATIVE PRODUCTION [1919=100). Maximum since end of 1919. Minim u m 1920 since e n d average. of 1919. RELATIVE PRODUCTION (1919= LOO). Maximum since end of Minimum since 1920 e n d average. of 1919. 1919. 1921 Nov., Dec., Nov., D e c , aver- 1921. 1921. 1922. 1922. age. 1921 Dec., Nov., Dec., aver- Nov., age. 1921. 1921. 1922. 1922. LUMBER: FOODSTUFFS: Wheat flour Beef products Pork products . . . . . . . Lamb and mutton.... Sugar (meltings) Oleomargarine Cottonseed oil . . . Condensed milk Butter.. Cheese Ice cream Corn products 125 109 151 110 178 126 203 121 201 169 468 135 64 67 58 58 40 26 4 20 64 41 41 38 82 92 93 80 104 103 91 76 99 86 111 93 91 83 97 94 92 60 99 71 120 85 110 90 92 87 98 91 82 60 166 58 95 51 48 114 80 76 110 79 78 67 119 55 96 45 41 111 121 102 122 80 95 68 166 118 84 114 95 1113 57 63 186 103 82 79 79 102 95 86 99 93 88 111 79 111 1 02 77 70 69 127 CLOTHING: Cotton (consumption) Sole leather Boots and shoes FUELS: Anthracite coal . . . Bituminous coal Beehive coke By-product coke . Crude petroleum Gasoline Kerosene Gas and fuel Lubricating oil Electric power . 119 137 127 «146 159 173 110 151 135 141 11 •62 112 98 71 93 89 98 101 122 110122 117 123 99 146 124 113 103 91 30 79 124 130 83 127 104 105 97 96 30 84 120 131 90 126 109 112 84 83 32 89 133 133 87 136 117 118 116 119 72 139 152 172 120 140 127 136 115 122 78 146 159 132 140 »96 126 129 181 34 33 « 17 38 80 79 119 121 94 105 100 88 54 57 37 47 95 113 56 68 21 55 80 140 65 58 17 58 83 127 112 114 96 105 103 147 121 113 97 112 107 117 128 144 119 75 64 50 112 84 94 96 96 91 104 96 87 79 68 71 115 102 96 95 80 75 ( 41 . . . TOBACCO: 4 Cigars Cigarettes4 Manufactured tobacco 4 a June, 1922. i Since November, 1921. •Less than 1. 69 20 33 94 121 98 99 67 88 Ill 57 124 102 33 126 117 152 161 272 182 130 122 120 161 120 273 134 8 57 44 27 28 21 33 42 47 121 122 102 89 82 105 91 106 103 78 109 79 60 59 88 57 123 83 73 139 98 28 73 21 40 168 113 54 108 93 41 48 46 33 173 117 175 182 127 58 38 70 60 266 127 232 136 143 138 116 135 126 134 135 121 142 142 55 64 69 93 64 77 65 55 30 18 109 117 110 105 121 120 119 113 104 104 87 79 89 104 79 94 85 71 65 89 90 101 91 111 96 114 106 86 100 117 101 94 94 115 93 112 92 90 82 83 99 112 112 133 122 134 122 111 141 105 89 100 104 128 116 129 114 108 136 112 130 127 132 •184 124 13 43 34 40 63 100 122 69 33 63 101 133 86 34 67 85 98 86 99 111 94 170 77 97 106 100 130 48 106 120 100 125 104 238 235 200 130 65 86 80 30 149 112 110 72 120 127 122 69 148 120 130 81 112 99 105 76 217 197 177 101 229 200 189 83 «190 8 99 135 79 « 51 «32 9 2 114 102 89 67 93 46 50 30 77 38 13 18 51 32 40 13 155 82 71 8 149 76 94 PAPER: Mechanical wood pulp Chemical wood pulp Newsprint Newspapers (printed) Book paper Wrapping paper Paper board. Fine paper Corrugated paper boxes56 .. Solid fiber paper boxes ... 105 131 172 168 134 87 97 68 54 STONE , CLAY, AND SAND PRODUCTS: 141 MJETALS* Pig iron Steel ingots Copper Zinc Silver Gold (receipts) Western pine North Carolina p i n e . . . California white and sugar pine California redwood Douglas fir Michigan hardwoods Michigan softwoods... Northern hardwoods Hemlock Oak flooring.. . Maple flooring Silica brick Clay fire brick.. Face brick Cement.. Glass bottles . BUILDING EQUIPMENT: Baths, enamel Lavatories, enamel.... Sinks, enamel... Buildings (contracted for). TRANSPORTATION VEHICLES: Automobiles, passenger Motor trucks Locomotives... Ships » Since January 1,1921. < As represented by tax-paid withdrawals. * Relative to last 6 months of 1919. • Since July 1,1921. COMPARISON OF VOLUME OF PRODUCTION DURING THE LAST THREE YEARS. Unit. 1920 1921 1922 Unit. 1922 1920 LUMBER: TEXTILES: Textile millsWool consumption Cotton consumption Production— Fine cotton goods Knit underwear Silk consumption, raw Thous.lbs Bales Pieces. Dozen. Bales.. 654,125 529,495 5,406,775 6,087,065 5,843,200 4,154,856 4,250,316 14,193,473 7,097,400 6,087,600 7,533,900 213,960 323,286 367,620 METALS: Iron and steelIron ore movement2 Production— Pig iron Steel ingots Merchant pig iron Locomotives— Total shipments Structural steel sales Copper production Zinc production Thous. short tons. 56,780 25,538 42,156 Thous.long tons.. Thous. long tons.. Thous. long tons.. 36,414 40,881 7,032 16,544 19,235 2,022 26,880 33,284 3,234 2,388 1,496,500 1,209,060 959,544 1,349 997,200 472,028 431,186 1,274 1,929,400 990,737 747,356 Number Long tons.. Thous.lbs. Thous.lbs. FUEL AND POWER: Coal and cokeProduction— 556,560 Thous. short tons. Bituminous coal 89,100 Thous. short tons. Anthracite coal 20,976 Thous. short tons. Beehive coke 30,780 Thous. short tons. By-product coke 442,932 Thous. bbls Crude petroleum 4,882,548 Gasoline Thous. of gals 43,963 Public - utility electric Mil. kw. hours power. 415,922 90,468 5,653 19,918 469,644 5,153,544 40,938 404,505 52,721 8,039 28,497 1 501,418 5,617,185 143,072 PAPER AND PRINTING—WOOD PULP: ProductionMechanical Chemical Newsprint paper 1,268,012 1,533,426 1,225,235 1,578,300 2,257,872 1,511,964 1,481,935 1,982,373 1,447,688 AUTOMOBILES: BUILDING AND CONSTRUCTION: Mft.b.m Mft.b.m Mft.b.m Mft.b.m Mft.b.m Mft.b.m Mft.b.m Mft.b.m Mft.b.m Mft.b.m Mft.b.m Mft.b.m 4,296,372 4,570,200 530,916 700,416 110,484 224,388 1,613,604 402,168 327,480 410,472 483,276 114,972 Mft.b.m Mft.b.m 128,940 124,596 148,929 100,534 274,524 137,020 , Thousands. Thousands. Thousands. 728,580 178,848 541,440 384,347 62,955 428,174 558,149 133,143 547,664 , Thousands bbls... 100,020 98,293 113,870 , Thous. backs, 18,423 17,991 17,457 4,505,259 5,237,601 3,572,844 5,282,887 475,416 469,316 i 751,148 79,901 92,603 151,829 158,295 893,249 1,439,467 361,968 629,511 206,208 i 261,804 343,896 i 287,732 410,453 534,144 104,027 150,884 FLOORING: Production— Oak flooring Maple flooring BRICK: ProductionClay fire brick Silica brick Face brick CEMENT: Production LEATHER: Sole production bends, and sides. CHEMICALS: ProductionAcetate lime Wood alcohol Thous.lbs. Gallons 145,800 I 56,448 1102,436 7,625,256 3,500,364 15,705,719 Thous.lbs 4,985,208 4,474,296 Thous.lbs. 6,459,432 6,739,368 16,564,286 BEEF: Short tons.. Short tons.. Short tons.. ProductionPassenger cars Trucks ProductionSouthern pine Douglas fir California redwood California white pine Michigan softwood Michigan hardwood Western pine North Carolina pine Northern hemlock Northern hardwood Northern pine lumber Northern pine laths 1,534,992 145,080 1,883,160 322,044 Number Number 2,334,171 243,049 Inspected slaughter production. 14,582,217 PORK: Inspected slaughter production. MUTTON: Inspected slaughter production. Thous.lbs. 423,060 Millions.... Millions.... Thous. lbs. 7,937 44,622 399,888 383,190 TOBACCO: Contracts awarded— Grand total floor space... Thous. sq. f t . . . Thous. of dolls. Grand total value 1 401,892 2,533,224 387,203 572,944 2,359,776 3,352,919 Production— Large cigars Small cigarettes Manufactured tobacco and snuff. a 11 months cumulative. 6,893 53,565 420,233 6,759 50,861 On Sault Ste. Marie canals. COMPARISON OF ADVANCE REPORTS FROM 1921 CENSUS OF MANUFACTURES. EMPLOYMENT. EMPLOYMENT. Average output Minimum in per month cent of relative to Month. capacity. maximum INDUSTRY. Month. Average output Minimum in per month cent of relative to Month. capacity. maximum Artificial flowers , Artificial limbs , Artificial stone products Artists' materials Asbestos packing Automobile bodies and parts Awnings, tents, and sails Babbitt metal and solder Baskets, rattan, and willow ware Baking powders and yeast BeUs Blackings, stains, and dressings Bluing Bookbinding and blank books Cane sugar.. Cement Chemical fire extinguisher Chewing gum Engravers' materials Cleaning and polishing preparations. 67.5 96.0 71.8 62.9 66 56.9 51.1 84.7 77.8 96.9 79.2 62.7 87.4 85.7 13.3 79.2 71.1 60.0 82.4 80.3 Mar.... Jan Sept... Jan Jan May... June... Oct Apr Aug.... Jan Apr Oct.... Jan Dec Sept... Jan May... Oct.... Nov... July. Aug. Feb. July. July. Jan. Jan. Aug. Dec Apr. Aug. Jan. Jan. May. Feb. Jan. Aug. Jan. June. Jan. Last month we also gave a table showing the output in per cent of capacity and some employment figures taken from the advance reports of the 1921 census of manufactured products. The accompanying table, which supplements the former one, gives correspond- Month. month. month. Corsets Cordage and twine Envelopes Fur-felt hats Fireworks Jute goods Leather belting Machine tools Pickles, preserves, and sauces Oilcloth and linoleum Pocketbooks Printing and publishing music Rubber tires and other rubber Shipbuilding Smelting and refining lead Soap Steam, gas, and water engines Textile machinery Varnishes Wool-felt hats 65 60 75 70 May... Dec Jan Oct. June... March. Dec Jan. . . . Sept... Dec Oct. Oct.. Aug.. Jan. Jan.. Oct.. Jan.. Jan.. May. 45.0 Oct.. 78.8 73.6 87.5 64.5 65.2 79.5 92.6 40.4 50.0 58.8 84.1 94.0 63.1 32.8 67.2 75.8 77.3 87.1 Jan. July. Sept. Jan. Dec. Oct. May. Nov. Jan. Jan. June. Jan. Jan. Dec. July. Jan. Sept. Aug. Feb. Jan. ing data from such advance reports as have appeared during the past month. Copies of these advance reports showing many other figures may be obtained on application to the Bureau of the Census, Washington, D. C COURSE OP PRODUCTION SINCE 1919. COMPARISON OP DECEMBER PRODUCTION WITH PRE-WAR. INDEX NUMBERS INDEX NUMBERS FOODSTUFFS WHEAT FLOUR WHEAT FLOUR BEEF PRODUCTS PORK PRODUCTS BEEF PRODUCTS LAMB AND MUTTON PORK PRODUCTS SUGAR (MELTINGS> OLEOMARGARINE LAMB AND MUTTON COTTONSEED OIL CORN PRODUCTS OLEOMARGARINE COTTON (CONSUMPTION) CORN (CON SOLE LEATHER BOOTS AND SHOES COTTON ANTHRACITE COAL (CONSUMPTION; BITUMINOUS COAL BEEHIVE COKE ANTHRACITE COAL BY-PRODUCT COKE CRUDE PETROLEUM BITUMINOUS COAL GASOLINE KEROSENE BEEHIVE COKE GAS AND FUEITOIL BY-PRODUCT COKE LUBRICATING OIL CRUDE PETROLEUM ELECTRIC POWER PIG IRON PIG IRON STEEL-INGOT COPPER STEEL-INGOTS ZINC SILVER GOLD (RECEIPT?) COPPER ZINC CIGARS CIGARETTES SILVER MANFD. TOBACCO GOLD YELLOW PINE WESTERN PINE CIGARS NORTH CAROLINA PINE CALIFORNIA WHITE PINE CIGARETTES CALIFORNIA REDWOOD DOUGLAS FIR MANUFACTURED TOBACCO MICHIGAN HARDWOODS MICHIGAN SOFTWOODS NORTHERN HARDWOODS HEMLOCK NORTHERN HARDWOODS OAK FLOORING MAPLE FLOORING OAK FLOORING MECHANICAL WOOD PULP CHEMICAL.WOOD PULP CEMENT NEWS PAPERS (PRINTED) BATH8 (ENAMEL) NEWSPRINT PAPER BOOK PAPER EZ3 MAXIMUM WRAPPING PAPER • I PAPER BOARD Q 9 MINIMUM FINE PAPER DECEMBER LAVATORIES, (ENAMEL) 8INK8 (ENAMEL) * NOVEMBER CORRUGATED PAPER BOXES LOCOMOTIVES SOLI6 FIBER PAPER BOXES STONE.CLAY. AND SAND 6ILICA BRICK AUTOMOBILES ( PA86ENGER) * NOVEMBER CLAY FIRE BRICK FACE BRICK STOCKS. CEMENT GLASS BOTTLES JILDING EQUIPMENT BATHS. ENAMEL LAVATORIES. ENAMEL SINKS. ENAMEL BUILDINGS(CONTRACTED* TRANSPORTATION AUTOMOBILES. PASSENGER MOTOR TRUCKS LOCOMOTIVES SHIPS On the whole, stocks in the hands of manufacturers tended to increase in December. Out of 42 commodities on which stock figures are available at the time of writing, 24 showed an increase over November, 16 declined and 2 showed no change. Compared with a year ago stocks, on the whole, are smaller. Of the same 42 commodities, 27 showed smaller stocks than in December, 1921, 14 showed increases, and 1 no change. 10 C O U R S E OP COMMODITY STOCKS SINCE 1919. STOCKS OF COMMODITIES COMPARED WITH P R E - W A R . (Taken at end of month.) [Taken at end of each month.] RELATIVE STOCKS (1913=100). BEEF PRODUCTS PORK PRODUCTS LAMB AND MUTTON SUGAR ( RAW ) 1920 1921 average. average. Nov., 1921. Dec, 1921. Nov., Dor;., 1922. COTTONSEED OIL WHEAT ( VISIBLE*) Wheat (visible) WHEAT FLOUR Corn (visible) Oats (visible) CORN ( VISIBLE ) OATS (VISIBLE) BUTTER CHEESE. EGGS POULTRY FISH COFFEE 2m Coffee 127 71 89 89 134 256 270 89 260 217 397 69 *264 323 389 85 248 153 189 51 Cotton (total) 150 183 224 224 191 Crude petroleum Pig iron (merchant)1 Zinc Tin Oak flooring Cement 2 Tobacco Flaxseed 109 38 99 183 258 80 114 152 84 195 127 375 91 131 170 67 165 71 232 81 3 125 177 72 164 92 242 106 127 252 25 48 146 213 47 3 118 252 30 45 201 236 81 121 33 74 43 21 24 12 217 ISO 52 193 APPLES 2 i Relative to 1914. RICE I DOMESTIC) Relative to stocks at end of 1913. s Oct. 1. COTTON ( TOTAL ) STOCKS OF CRUDE PETROLEUM. GASOLINE COMMODITIES SINCE 1919. [Taken at end of each month.] KEROSENE GAS AND FUEL OIL LUBRICATING OIL RELATIVE STOCKS (1919=100). PIG IRON(MERCHANT) ZINC Maxi- Mini- mum mum 1920 1921 Nov., Dec, Nov.,! Dec, since since aver- aver- 1921.' 1921. 1922. 1922. 1919. 1919. age. age. TIN YELLOW PINE MICHIGAN HARDWOODS MICHIGAN SOFTWOODS FOODSTUFFS: OAK FLOORING Beef products Pork products Lamb and mutton Sugar (raw) Cottonseed oil Wheat (visible) Wheat flour Cora (visible) Oats (visible) Butter Cheese MAPLE FLOORING SILICA BRICK FACE BRICK CEMENT BATHS (ENAMEL) LAVATORIES (ENAMEL) SINKS (ENAMEL) ROSIN Eggs TURPENTINE Poultry Fish 2 Coffee Apples Rice (domestic) MECHANICAL WOOD PULP CHEMICAL WOOD PULP NEWSPRINT ( A T M I L L S ) 240 156 no 177 391 360 CLOTHING MATERIALS: BOOK PAPER . Cotton (total) WRAPPING PAPER 20 38 25 44 8 28 54 108 16 6 28 t1) 30 27 72 50 Crude petroleum Gasoline Kerosene ^ Gas and fuel oil Lubricating oil FINE PAPER TOBACCO *( TOTAL ) FLAX SEED 12228823 DECEMBER M I N I M U M SINCE 1919 * NOVEMBER * • JANUARY 1.1933 SAXES. As brought out elsewhere in this bulletin, retail sales were of record proportion in December. As usual, some declines occurred in the orders received by manufacturers during the last month of the year. Of the 13 individual commodities listed in the accompanying table, 6 increased and 7 declined compared with November. In most cases the decreases were slight. Compared with December, 1921, everyone of the 13 commodities showed a very marked increase, while 12 out of the 13 showed larger December sales than the average for the year 1919. Pig iron (merchant) Zinc Tin 33 44 89 86 116 181 98 528 310 98 88 59 98 99 112 331 139 35 51 77 65 104 184 82 787 304 73 72 22 156 96 139 315 155 40 50 43 72 120 173 96 373 148 72 96 77 78 88 82 387 247 48 67 54 47 111 185 *530 145 41 87 32 150 78 84 367 51 91 111 137 137 I 116 118 101 61 85 75 81 104 98 126 89 85 145 134 434 151 143 162 105 113 166 141 169 124 113 173 134 241 164 86 176 140 240 146 247 528 31 48 122 60 108 332 132 213 232 106 179 130 114 178 167 39 52 266 48 49 365 143 108 152 277 222 115 181 276 301 95 122 183 215 102 65 80 59 55 81 105 79 29 21 34 41 13 127 72 105 161 103 103 140 170 50 31 53 104 109 129 98 141 234 199 107 153 193 179 78 89 164 149 116 92 120 145 184 99 159 173 96 72 91 160 206 120 89 122 151 200 93 181 227 126 80 106 175 215 136 65 95 133 155 101 105 101 79 43 49 183 129 130 64 86 147 163 108 133 174 82 43 52 182 144 143 138 175 131 130 132 112 43 64 71 66 36 70 74 78 63 97 75 48 79 79 108 99 125 115 101 117 101 75 80 97 117 92 110 91 80 87 100 122 89 116 92 52 83 82 116 83 103 100 43 87 80 114 118 106 100 102 117 550 1,242 &112 113 347 i 105 108 204 CONSTRUCTION MATERIALS: Yellow pine Michigan hardwoods Michigan softwoods Oak flooring Maple flooring Silica brick Facebrick Cements Baths (enamel) Lavatories (enamel) Sinks (enamel) Rosin < Turpentine < 43 85 324 157 107 93 76 622 211 81 79 101 72 72 145 162 159 241 189 153 178 162 METALS: H3SE323 MAXIMUM SINCE 1919 70 97 183 110 110 89 95 174 69 89 99 82 70 73 146 181 159 136 FUELS: PAPER BOARD 124 129 928 332 200 185 149 1,482 316 174 156 PAPER: Mechanical wood pulp Chemical wood pulp Newsprint (at mills) Book paper Wrapping paper Paper board Fine paper OTHER AGRICULTURAL PRODUCTS: Tobacco (total) Flaxseed 1 2 3 132 jl,578 Index number less than 1. On 15th of month. Relative to stocks at end of 1919. 714 407 * Relative to season beginning Apr. 1, 1919. 6 Oct. 1. 11 COMPARISON OF SALES IN DIFFERENT LINES OF BUSINESS. RELATIVE SALES (1919=100). Maximum since end of 1919. Minim u m 1920 since averend age. of 1919. 1921 Dec., Nov., Dec., aver- Nov., 1921. 1922. 1922. age. 1921. INDIVIDUAL COMMODITIES: 351 Pig iron (merchant). -. 1,575 Freight cars . Structural steel 188 215 Baths, enamel . . , 262 Lavatories enamel 222 Sinks enamel . 205 Sanitarv ootterv 260 Oak flooring 135 Maple flooring 158 Redwood lumber . . 174 Clay fire brick. 129 Leather belting Abrasive paper and cloth.. 148 ^"irip cotton croods 129 147 Paper 1 Printing 168 Optical goods 1 .. . . . . . . . . . 143 14 8 28 12 27 25 7 23 17 21 33 35 40 5 71 106 47 97 333 104 53 73 65 34 54 36 77 120 98 111 26 127 148 114 34 97 69 59 77 73 43 119 63 74 45 42 65 81 89 121 73 37 350 110 59 70 71 54 202 102 142 58 37 78 43 111 111 73 50 28 79 60 68 71 85 111 49 76 54 35 65 99 111 119 74 56 900 101 128 148 158 165 248 80 146 105 66 119 88 122 116 127 190 1,163 122 137 169 151 160 203 102 129 99 98 109 280 159 DISTRIBUTION MOVEMENT: 2 W h o l e s a l e r s . . . x. . . . . . . . . . Mail-order houses Cham stores x . . . . . . . . . . . . 107 136 280 62 50 82 99 102 118 87 71 124 87 80 131 9(3 82 242 159 169 125 95 114 98 113 123 120 113 147 106 119 153 99 X45 154 104 135 169 114 135 162 84 91 109 122 98 110 84 116 90 97 86 131 144 129 58 So 122 114 78 103 75 112 59 113 96 120 74 120 110 178 489 152 35 67 61 87 72 105 100 120 55 94 184 102 59 129 202 93 68 132 489 122 80 88 83 114 76 92 112 152 SECURITIES: Stocks Bonds ...... Municipal bonds ( n e w ) l . . Life insurance l 1 3 110 99 105 153 SERVICES: Postal receipts i . ... .. Telephone receipts l . Telegraph tolls l . . . . Railroad r e v e n u e s Passengers 1 Freight1... Advertising— Magazine . . ..... Newspaper 103 Items based on value. Relative proportion of orders to total transactions. PRICES. The most significant movement in prices during December was the increase in farm products, thus bringing them more into line with other commodities. The index of the Department of Agriculture on the farm prices of crops rose to 123 in December. This is an increase of 5 points, or 4.2 per cent, and represents the highest level since January, 1921. The prices of live stock declined slightly, making the farm price index only 104. A portion of this decline is seasonal, although the level is lower than other groups of commodities. The wholesale price index of the Department of Labor showed no change in December, compared with November. The index number of 156 represents the highest level reached since February, 1921, and may be compared with the peak of 247 in May, 1920. In December, increases in farm products, foodstuffs, cloth and clothing, chemicals and drugs, and house furnishing goods were offset by declines in fuel and lighting and in metals and metal products. The groups of building materials arid miscellaneous commodities showed no change. The grouping of these same prices by the Federal Reserve Board showed slight increases in the prices of total raw products and in consumers' goods, while producers' goods declined. Under raw products increases occurred in agricultural and forest products. Dun's wholesale index number showed no change in December, while Bradstreet's index declined one point. The retail price of food rose from 145 in November to 147 in December, marking the highest level for the year. The monthly index of cost of living as compiled by the National Industrial' Conference Board rose one point in December, reaching an index of 159. This increase was due to the higher cost of food and of fuel and light. The quarterly figures on the cost of living as compiled by the United States Department of Labor rose from 166.3 in September to 169.5 in December. By far the largest increase occurred in foods. Foreign wholesale prices remained relatively stationary, with the exception of a significant rise for France. The prices of individual commodities, as shown in the diagram and table on pages 4 and 5, indicate the upward tendency in farm products and foods. Of the 9 farm products for which relative prices to the producer are given, 7 increased and 2, beef cattle and hogs, declined. Of the remaining 52 wholesale market prices given, 25 increased, 13 declined, and 14 showed no change. Fifteen of the 25 commodities showing increases were in the groups of farm products and foods. TEXTILES. Wool consumption declined slightly from the high November figures. Foreign wool receipts at Boston made a new high record since April, 1921, but domestic receipts were small, only half those of a year ago. Machinery activity in woolen mills showed further increases, with all classes of machinery except narrow looms working at over 80 per cent of capacity operation. The average price of raw wool to the producer advanced to over 35 cents per pound, the highest since June, 1920, but fine Ohio wool at Boston declined slightly. Yarns and fabrics remained unchanged. The consumption of cotton declined from the November high record, but exceeded the December, 1921, consumption. Stocks at mills increased conEXPORTS AND CONSUMPTION OF COTTON. ! ! tr R N 600 500 \ / f ) / y >- 200 100 MONTHLY AVERAGE s _L j £A if \ f VJ V A \ \ ii yV &* \\ /v V J 12 siderably, while warehouse stocks declined and the world visible supply of American cotton showed a seasonal decline at about 15 per cent less than last year's visible. Exports of raw cotton were almost 30 per cent less than the November high mark, while cotton-cloth exports declined slightly. The number of active cotton spindles was larger than at any time since 1919, but total activity was less than in November. Prices increased slightly all along the line. STOCKS OP COTTON: NUMBER OF DAYS' SUPPLY AT DAILY RATE OF CONSUMPTION. 400 350 1 300 f \ COTTON CONSUMPTION IN NORTHERN AND SOUTHERN MILLS. 250 \ / // lz 400 200 V —\ f "A V A 150 \ r-' /V \ V fi 100 Av V I \ \ 50 / i 1920 1921 Production of knit underwear in December was the lowest, with one exception, since July, 1921, but orders increased and unfilled orders at the end of December were the highest on record. Consumption of raw silk, as reported by the association, again declined, while stocks continued to mount to a new high record since October, 1920. The price of raw silk advanced to the highest point since April, 1920. 1922 COTTON GINNED TO SPECIFIED DATES. IRON AND STEEL. 12 JAN. 16 > / / Z '>'/1 ' / /// o «v / / / f/// r 4 1 / / / > / / 1 / / / / TOTAL GINNED Iron-ore movement for the 1922 season was 65 per cent greater than for 1921. Pig-iron production in December continued its increase, making a new record since October, 1920, but steel-ingot production declined. Sales of merchant pig iron were the heaviest since February, 1920, and unfilled orders for merchant iron made the first increase since April, 1921. Unfilled orders of the United States Steel Corporation again dropped slightly. Bookings of steel castings were larger than in November and represented 71 per cent of shop capacity. Foundry production in Ohio declined slightly. Exports of iron and steel increased over November and prices in general declined, with pig iron especially weak. Locomotive shipments increased over November while unfilled orders declined slightly from the November high mark, foreign orders making a new lew mark since last June. Freight-car orders, in December, were, with one exception, the highest since the armistice. Production of steel sheets made a seasonal decline in December, but was twice as large as a year ago. 13 Sales of sheets were the highest on record and unfilled orders were the highest since October, 1920. Shipments of steel barrels declined. FABRICATED STRUCTURAL STEEL [Reported by 158firmswith a capacity of 220,790 tons per month.] Actual tonnage booked. PRODUCTION OF PIG IRON AND STEEL INGOTS AND U. S. STEEL CORP.'S UNFILLED ORDERS. / 10 \ g / MILLIONS OF TONS / \ j V 1 s As < \ > *^>kx 1^\ A r X 1 11 « a » » o» » 89.9 81.8 73.4 68.9 68.3 64.1 57.3 48.4 58.3 224,S00 204,500 183,500 172,300 170,S00 160,300 143.300 121,000 145, S00 J \ y SA July August September.. October November... December.... p I \ / i Percent i Estimated ; of ! total ! capacity. I bookings. 198,529 180,558 162,139 152,023 150,700 141,418 126,535 1 106,315 2 125,479 June I \ \ 0/ April May ! / i -l-t 0/ \ SALES. i a MONTHLY AVERAGE LOCOMOTIVE SHIPMENTS AND UNFILLED ORDERS. Two firms missing out of 158. From 141 firms who reported in time for this report. The following table shows yearly figures of structural-steel sales, based on new estimated capacities as the result of the special survey of the industry recently conducted by the Bureau of the Census, and the percentage of sales to shop capacity as reported by the Bridge Builders and Structural Society to April, 1922, and by the reports to the Bureau of the Census since then: Estimated monthly tonnage capacity. YEAR. 1913.. 1914 1915 . 1916 1917.. 1918 1919.. 1920 1921 1922 Per cent of sales to capacity. 190,000 191,000 194,000 200,000 207,000 218,000 224,000 232,000 237,000 250,000 50.3 50.4 70.0 69.4 60.2 55.6 53.4 53.8 35.1 64.3 Estimated tonnage sales. 1,146,800 L, 155.200 1,629,600 1,665,600 L, 495,400 L, 454,500 L, 435,400 L, 496,500 997,200 ]1,929,400 NONFERROUS METALS. Copper production in December at 103,845,000 pounds was the largest since 1920. Exports of copper declined slightly, but the price of electrolytic copper rose above 14 cents per pound for the first time since November, 1920. PRODUCTION AND EXPORTS OF COPPER. 1 / 0)120 Q k z oioo Sales of fabricated structural steel increased in December, contrary to the expected seasonal trend, and forecast a continuation of the building boom for the spring. The following table shows the actual tonnage booked, as reported to the Bureau of the Census, by 158 identical firms with a capacity of 220,790 tons per month, and the estimated total bookings, based on a total capacity of 250,000 tons per month. .-' - • r [ / > MONTHLY AVERAGE s t v n / * 14 Zinc production continued to increase and made a new high record since May, 1920. Stocks again declined, receipts and shipments at St. Louis were slightly less than in November, and the price of zinc decreased fractionally. Stocks of tin continued to rise in December, making a new high record since September, 1920. The price of tin rose to the highest mark since October, 1920. Receipts of lead at St. Louis increased slightly but shipments declined. A fractional increase took place in the price of lead and stocks of kerosene oil and lubricating oil increased in November, while declines took place in the production and stocks of gas and fuel oil. PRODUCTION, CONSUMPTION, EXPORTS, AND STOCKS OF PETROLEUM. _ _ 260 240 / 9«X\ FUELS. / / LLIONS OF BARRELS December production of coal was well maintained, bituminous showing a slight increase and anthracite a slight decrease. Coke output again made a new high record. Exports of coal declined but coke exports increased. Coal prices were irregular compared with November. Stocks of bituminous coal on January 1, 1923, are estimated at 36,000,000 tons, as against 48,000,000 tons a year ago and 45,800,000 tons two years ago. / - — PRODUCTION OF BITUMINOUS AND ANTHRACITE COAL. 100 56 / 50 V \ \ 45 ,\ /[ / 40 -* 1 \ 35 ( \ \ i V 80 J\\ \ 1 T60 i 1 30 25 *% 1 to 20 V I.. »*' 'NSUMf TION ,- 40 N B O O U C ' ION 20 S 10 w 9 " ^1\ d \ / W 6 —• A ! A. ^—^ Tf tl 0 \ Zi Zl 4 2 1 I in 20 > O z o % il! 5 NOV MAY 1 r i 1921 JZ I 1920 I 1921 1 1922 I STOCKS OF PETROLEUM AS REPORTED AND AS TRANSLATED INTO DAY'S SUPPLY. J cm < S - > - > < < o O Z Q 1922 The production of crude petroleum in December totaled 50,137,000 barrels, an increase of 5.5 per cent over November, and established another new high record for this industry. Stocks of crude at the end of December were slightly lower than in other recent months. Consumption totaled 57,181,000 barrels, a record over 7,000,000 barrels greater than ever reported before. Imports of crude declined slightly, while the price of Kansas-Oklahoma crude showed no change. Gasoline figures for November, the latest available, show a slight increase in production and further increase in stocks to a new hio;h record. Production 5 2 | 5 1 1 § g g 5 g S 5 2 5 £ 5 § ^ g £ {j g « I S 1 5 | 1 § § S & g S \ ilii I 19 8 IS \ i \ i« i I i 10 a 1991 i \ i I IQS ! i — 276 220 2sa f 200 \ 226 180 I h % 200 160 I7B (40 j \i\ ISO 120 426 100 100 ao T6 60 60 40 /. i" ! 71 — < A Vx 1 15 PAPER AND PRINTING. Declines occurred in the production of both mechanical and chemical wood pulp. Stocks of mechanical pulp declined to a new low record, but chemical stocks increased slightly. Production of all grades of paper declined, the December total being the smallest since last July, but stocks at mills increased owing to the large increase in the wrapping-paper supply. Newsprint stocks declined considerably, especially in publishers' hands, and consumption of newsprint declined. Prices of newsprint were irregular. Exports increased. high record reached in November. also declined. BUTTONS. Reports furnished to the Department of Commerce by the National Association of Button Manufacturers show the following weekly comparisons regarding stocks of fresh-water pearl buttons and machinery activity by 16 companies representing 93.3 per cent of the machine capacity of the association members.1 STOCKS ON HAND (GROSS). 1923 Jan. 1... Jan.6 . Jan. 13 Jan. 20... Jan. 27 280 CO \r y 240 f o LL / 200 O CO r \ \ / A/ < CO V cTiorA +n V 80 40 1920 1921 1922 13,599,614 13,378,766 i 13,420,440' 13,442,932 ; 13,461,8S3 1922 12,100,792 11,930,906 11,920,613 11,976,769 12,040,558 1923 43.6 52.1 52.1 53 2 1922 33.8 45.1 51.4 51 4 BUILDING MATERIALS. y 9 160 O 120 PER CENT OF MACHINES ACTIVE. "DATE. PRODUCTION AND STOCKS OF NEWSPRINT PAPER. 320 Unfilled orders I The production of corrugated board boxes showed a decline in December, while for solid fiber boxes there was little change. Output of folding boxes was the smallest since January, 1922, but orders increased. New orders for labels also rose. Shipments of rope-paper sacks were the smallest since April, 1922. Printing activity in November was about the same as in October, but paper purchases by printers and sales of printing declined. AUTOMOBILES. Lumber production made its usual seasonal decline in December, the exceptions being Michigan softwoods and hardwoods. Shipments, however, increased for most species, as against a decline noted in each case a year ago. Stocks declined except in the case of western pine, and prices increased slightly. Oak flooring production and orders declined in December, but maple flooring made a slight increase in both respects. Both showed decreased shipments, higher stocks, and larger unfilled orders. Clay fire-brick production, new orders and unfilled orders declined, with stocks about stationary. Silicabrick production and shipments decreased slightly, but stocks increased. Face-brick production, shipments, and unfilled orders increased, while stocks declined. Brick prices advanced. The production and shipments of cement made a seasonal decline in December but were well above the December, 1921, figures. Stocks rose but were considerably less than a year ago and the price of Portland cement was slightly reduced. Shipments and new orders of sanitary enamel ware again increased and all classes made new high records since 1919, except orders for sinks, which declined from November. Stocks also increased slightly. Orders for sanitary pottery again declined. Production of automobiles at 206,418 passenger cars and 20,138 trucks made only a very slight decline from November, whereas a year ago a very considerable downward movement occurred in December. Shipments of automobiles also declined but slightly. 1 The National Association of Button Manufacturers has entered into cooperative arrangements with the Department of Commerce for the wider distribution of the statistics completed and issued by that association. The statistics cover the quantity and price of orders received weekly for fresh-water pearl buttons specified by kinds and grade. Persons desiring to obtain this service may either apply direct to the secretary of the association, 1182 Broadway, New York City, or if they prefer may send their names to the GLASS. SURVEY OF CURRENT BUSINESS for forwarding to the association. Slight declines occurred in production of glass bottles and illuminating glassware. Sales of spectacle frame and mounting declined from the relatively A limited number of free copies is available for distribution by the association. If the demand for these becomes greater than the supply, a charge will be made by the association sufficient to cover merely the cost of distribution. A summary of the statistics issued by this association will be given in later issues of the Survey. 16 BUILDING CONSTRUCTION. Building costs declined very slightly in December, the chief declines being in materials, as shown in the indices for frame and brick houses, where declines of 2 and 1J per cent, respectively, took place. A seasonal decline in building contracts awarded in December reduced the total floor space to 38,603,000 square feet as against 46,946,000 square feet in November, but the December figures were 10 per cent greater than in December, 1921. All classes of buildings except educational participated in the decline. STOCKS OF CATTLE HIDES (PACKER) AND PRODUCTION AND STOCKS OF LEATHER (SOLE AND BELTING). . I1— 1 i — —i— —v so -Y "-« s OCKsi X k 1 ! 1 VOLUME OF BUILDING CONTRACTS AWARDED, BY CLASSES. j | MILLIONS OF SQUARE FEET 1 1919 M O N T H L Y AVERAGE 1920 M O N T H L Y AVERAGE 1921 M O N T H L Y -SOLE-LEATHER TTT I 1 1 —H— \ \\ S I \ I H i i I I AVERAGE JANUARY FEBRUARY MARCH APRIL MAY O JUNE 2 JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER 1 I I i \\ CHEMICALS AND OILS. Production of acetate of lime and wood alcohol in November reached a new high record since 1919. Exports of sulphuric acid and dyestuffs increased slightly in December, but fertilizer exports made a decline from the large November shipments. Turpentine receipts at southern ports declined in December and stocks increased. For rosin, on the other hand, receipts increased and stocks declined. Seasonal declines occurred in December in the production of cottonseed oil and in stocks of cottonseed and cottonseed oil, but all were higher than a year ago. The price of cottonseed oil increased. Receipts, shipments, and stocks of flaxseed declined. JANUARY FEBRUARY MARCH APRIL MAY - JUNE 2 JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH APRIL MAY §} JUNE 2 JULY AUGUST 8EPTEMBER OCTOBER NOVEMBER DECEMBER CEREALS. HIDES AND LEATHER. Production of sole leather, skivers and oak and union harness declined slightly in December. Exports of sole leather increased, but upper leather exports declined. Exports of boots and shoes increased slightly. Prices of hides declined, but leather and boots remained unchanged. 1 PRODUCTION Receipts of wheat at the principal markets were larger in December than in the preceding month, while shipments were slightly less. Both receipts and shipments in December were nearly double what they were in the corresponding month a year ago. For the 12 months of 1922, receipts were 3.7 per cent less and shipments 5 per cent less than'in 1921. The visible supply of wheat increased 7 per cent during December. Exports declined slightly, but at 16,428,000 bushels they were larger than in December, 1921. Exports of wheat for the year were 35 per cent less than in 1921. Prices of both wheat and flour increased during December. Exports of corn declined in December, with a total of less than 5,000,000 bushels. Corn exports, including meal, for the year 1922 amounted to 166,022,000 bushels, or 25.8 per cent more than in 1921. The price of No. 2 corn at Chicago rose nearly 2 per cent during the month. 17 Exports of oats, oarley, and rye each showed marked declines in December compared with the preceding month. Prices, however, increased in each case. The exports of all cereals, including flour and meal as grain, were equivalent to 26,834,000 bushels, compared with 35,704,000 bushels in November and 28,880,000 bushels in December, 1921. Measured in this way, cereal exports for the calendar year 1922 were 9.4 per cent less than in 1921. MEATS AND LIVE STOCK. Receipts and shipments of cattle at the principal markets showed a seasonal decline in December. However, each of these movements was significantly larger than a year ago. It is of importance to note that for the year, as a whole, stocker and feeder shipments of cattle have been 39 per cent larger than in 1921. INSPECTED SLAUGHTER, CONSUMPTION, AND COLD-STORAGE HOLDINGS OF B E E F PRODUCTS. 1 W\ \ b% .„ \ 460 /V •00 .350 8 A A S, / i 7 •A— A1A jy ft >- y SLA UGHTER JV V' clined in November from the relatively high figure reached in October. Receipts, shipments, and slaughter of hogs showed the usual seasonal increases in December. These movements have been larger for the past year than for 1921. Exports of pork products increased in December, with a total of 156,067,000 pounds, which is the largest for any month since September, 1921. Cold-storage holdings of pork products increased seasonally in December, with total holdings about 35 per cent larger than a year ago. Prices of hogs remained relatively stationary in December compared with November while pork prices declined. The movements of sheep and lambs showed the usual seasonal decline in December, but with stocker and feeder shipments for the year nearly 34 per cent greater than in 1921 and the slaughter 17 per cent less. Cold-storage holdings of mutton increased about 25 per cent, with the total about 30 per cent less than a year ago. Receipts of poultry at five markets increased 63 per cent during the month, while cold-storage holdings on January 1 were nearly double those a month before, but slightly less than on January 1, 1922. \V V' OTHER FOODSTUFFS. V 2 300 Receipts of butter, cheese, and eggs at five markets each declined in December, but the total receipts for V the year 1922 were from 10 to 14 per cent greater than £/ \ in 1921. Cold-storage holdings showed the usual / \ seasonal declines, with stocks of eggs 50 per cent —" V \ greater than a year ago and stocks of creamery butter about 45 per cent less than on January 1, 1922. i Prices of butter and eggs increased. MONTHLY AVERAGE 1 g I I I I 33 8 \ 28 1 S l ! I I ?3 8 "8 g Si S U 11 ? 2 1.8 ? Meltings and stocks of raw sugar declined in Des cember, while exports of refined were 31 per cent lesExports of beef products declined in December, than in the preceding month. Prices increased while cold-storage holdings showed the usual seasonal slightly. increase. Inspected slaughter production of beef deThe Cuban movement of raw sugar showed an inINSPECTED SLAUGHTER, CONSUMPTION, EXPORTS, AND COLDcrease of 90 per cent in port receipts, while both exSTORAGE HOLDINGS OF PORK. ports and stocks declined. i- 1 > *- \ ^ 60 1916 1916 1917 1918 1919 1920 1921,; « c ,, > £ 5 ci £ t- > o I r«20 j ID a c >" z j o fc •- > o ± m * <L > z J d fc »- > I <02< I 1922 STOCKS OF RAW SUGAR IN CUBA AND SUGAR EXPORTS PROM CUBA. \ i j( IMO p / f s. 9 ~i \ / 2 \ \ \ / f V •R MO , ^ < A —\f — >V \ / \ t i \ — / /* I 29011—°—23 2 f Z 3 108 U. 2« Q Z < co i H u. i 72 64 o • 2 36 L •-J 1 i!i\%\ R ' / J I 5l is 1922 0 \\> 1 r \\ 11 j r\ \ \ t ( i \ i \ A* V 18 DEC. 18 1930 192 M O N T H L Y AVERAQE v» CO **• OCT. 19 \t I u ^! .0 I / \/ \ ^ A J i L 1 / \ 4- / \i \ M - 1 w ii' A V 126 \ \ T 1 1/ n «W \ / TOfl \ 144 / OCT. 3 2 OCT 1913 1914 i 18 Reports furnished to the Department of Commerce by the Iowa-Nebraska Canners' Association show that unsold stocks of sweet corn in all the 36 canneries of Iowa and Nebraska amounted to 569,417 cases of corn on January 1, 1923.1 Unsold stocks on previous dates were as follows: February 15, 1921, 1,956,700 cases; November 18, 1921, 1,644,000 cases; February 1, 1922, 1,400,000 cases; August 1, 1922, 519,600 cases; and November 1, 1922, 649,000 cases. Stocks sold but not delivered on January 1, 1923, amounted to 431,335 cases, with reports from 8 companies missing, which are said to have less than 5,000 cases each unsold. TOBACCO. The production of cigars, cigarettes, and manufactured tobacco as reflected by internal-revenue tax withdrawals showed marked declines in December. For the year as a whole each of these movements was larger than in 1921. Exports of leaf tobacco and of cigarettes both declined slightly in December. For the 12 months, exports of cigarettes were 34 per cent greater than in the preceding year. A marked increase occurred in the sales at loose-leaf warehouses during December. Stocks of all classes of tobacco except cigars increased during the quarter ending December 31, 1922, as reported by the Bureau of the Census. SHORTAGE, SURPLUS, BAD-ORDER, AND TOTAL LOADINGS OF FREIGHT CARS. | i \ \ To \ \ \ / *" \ 900 850 \ 800 v\ / ^ \ V \ 760 \ 700 v 1\ I T/ /t 1 \ » \ » \/ v arm IO $ 1 The Iowa-Nebraska Canners' Association has entered into cooperative arrangements with the Department of Commerce for the wider distribution of trade statistics collected, compiled, and issued by that association. These statistics cover periodic reports on acreage planted to sweet corn and the production, stocks, and sales of canned corn. Persons desiring to obtain this service may either apply direct to the secretary of the association, at Marshalltown, Iowa, or, if they prefer, may send their names to the SURVEY A limited number of free copies are available for distribution by the secretary of the association. If the demand for these is greater than the supply, a charge will be made by the association sufficient to cover merely the cost of distribution. I \ \\ A i h / J 1\ / 1 / / \\ j 1 660 r O 650 % Q i A-/_ \ D Panama Canal traffic in November totaled 1,427,000 long tons, of which 651,000 tons were carried in American vessels. This figure is only slightly below the record movement of tonnage in the canal made in October. Traffic on the Sault Ste. Marie Canals was maintained for only a portion of December, with a total of 1,838,000 tons for the month. The total traffic on the canals in 1922 amounted to 66,068,000 tons, or 36.9 per cent more than in 1921. Receipts at St. Louis in the Mississippi River traffic during December declined 64 per cent, while shipments increased 34.6 per cent. The tonnage of vessels entering and clearing in the foreign trade was smaller in December than for any recent month. Ocean freight rates to the United Kingdom declined in December, while rates to all European points showed a slight average increase. Freight-car loadings declined in December, compared with the preceding months, as was to be expected; however, the total loading averaged 839,948 cars per week, which is 150,000 cars a week more than in the corresponding month of 1921. All classes of loadings declined in December. The most marked drop was in ore shipments, due largely to the closing of lake traffic. There was a further decline in the freight-car shortage, making the daily average only 82,927, compared with 133,786 in November. There was an improvement in the bad-order car situation in December. The total number needing repairs now is about 100,000 less than a year ago. < WATER TRANSPORTATION. OF CURRENT BUSINESS for forwarding to the association. RAILROAD TRANSPORTATION. lEf "/ / 350. j 300 1 // 250 100 *&/ / / s 1 Icr V \ ,\ / h I r^^CAR SHORTAGE T 1917 1918 1919 1920 I92lz MONTHLY AVERAGE 3 1 o: < _j i- 5 o 1920 \ \ / yi % ? 1921 xVJ ^ \ \ z 2 | \ \ / \\ \ V ±1 f s / 1 1 \J V Z E f/ > Hi \ k \ A\ /\\ \ V \ A \ \ \ \ / 200 160 , J \\j -V //\ 8 T Total railroad operating income was somewhat less in November than in October. Operating expenses were also less, but the net operating income fell from $85,255,000 in October to $78,869,000 in November, the latest figures available. Compared with corresponding periods in previous years, this figure represents a distinct improvement in railroad finances. LABOR. Further increases in employment and in the total volume of pay rolls are shown by both New York and Wisconsin factories in December. Unemployment made a further decline in Pennsylvania. Employment-agency operations showed on the average 1.11 applicants per job available in November, which is an increase over recent months. Both the number of workers and the number of jobs registered showed a marked decline. 19 PUBLIC FINANCE. IMMIGRATION, EMIGRATION, AND IMMIGRATION QUOTA. { 70 */ ztI ^41 im / MMIC 30 <0 \ V \ il \\ in y X in • MONTHLY r / i If I Jz A f] F \ \ \ \ 11 ri f S?/ \ rz \ I/ )\ \J \ r \A ^ .A r y 1 1 y \ / / fJ I I I 3 § I ? i i I AVERAGE I <«' I 1033 i DISTRIBUTION MOVEMENT. Retail sales reached a new record in December, 1922. Sales of the two large mail-order houses totaled $32,379,000, which may be compared with $24,506,000 in December, 1921, and $29,227,000 in December, 1920. December sales of 4 large 10-cent chain stores totaled $46,415,000, compared with $40,062,000 in 1921 and $36,037,000 in December, 1920. The index number for department-stores sales compiled by the Federal Reserve Board reached 188 in December, compared with 176 a year ago and 179 in December, 1920. CHAIN STORES. SALES OF MAIL-ORDER HOUSES i 1 46 BANKING AND FINANCE. The volume of payments by checks outside of New YorkCity rose to $19,558,000,000 inDecember, as measured by debits to individual bank accounts. This is an increase of nearly $2,500,000,000 over the preceding month and $2,000,000,000 more than a year ago. December debits outside of New York were the largest for any month since November, 1920, and reflect the larger volume of business during the holidays. Debits within New York City also increased in December, but not in as great a proportion as those outside. 1 —f- 40 J n r S 20 ii II 1 \ 30 11 I' V _^ iJ /* I \n —i \ -CHA /* o« I T J 1 1 28 hJ /I 26 J vsJ \ 1 ' / 1 J i - BILLS DISCOUNTED AND TOTAL INVESTMENTS OF FEDERAL RESERVE BANKS. 1 i« 1 24 22 w tr < 20 i i— 10 6 MONTHLY AVERAGE I f f . ! i ij 1920 \ t« 19!23 Indexes of wholesale trade in the several Federal Reserve districts showed the usual seasonal decline. This decline was most marked in dry goods. In practically every instance sales in December last were on a distinctly higher level than a year ago. Magazine advertising declined in December, as is usual for this month. Newspaper advertising showed no significant changes from November, but both movements were larger than a year ago. Postal receipts in 50 selected cities established a new record of $29,150,000, which was an increase of 17 per cent over November and $3,500,000 greater than in December last year. V o 1 JI \ V O U. 18 o W 16 O 3 14 \ s t« o a. s§ « 8 \ >> -V "»^ - UJ 1 \\ R / 4 \ 2 -—- ! o 2 < : 1920 ) \) z < ) 1921 z I L) C> JAN SO / / j JULY 90 The interest-bearing debt of the United States declined 1 per cent in December from the high point reached in the two preceding months. The total of $22,476,000,000 is the lowest point reached since shortly after the end of the war. Customs receipts in December were less than in November, but over $ 11,000,000 greater than in December, 1921. For the year as a whole, customs receipts were 46 per cent greater than in 1921. Ordinary receipts of the Government in December were more than double the November receipts, due chiefly to the income-tax installment. For the year ordinary receipts have been 26 per cent less than in 1921, while ordinary disbursements declined 29 per cent. Money in circulation showed a further increase in December and is now more than $300,000,000 greater than last May. APR too 1 APR 1 A \ \ I \ \ 41 20 192 •3000 INTEREST RATES PER CBNT 70 14 60 12 60 10 40 8 30 6. 20 4 10 2 o 0 g ND \ P* i !i « -2400-70- \ ift -2.100 -60- -1,800- L 1 1 n 1: s \ i- s -I- -f N rr — v — r- -I.20Q- - 4 0 - i -t r v- -300 — - 1 0 - ?>' DEFAULTED LIABILITIES IN PROPORTION TO BANK CLEARINGS, COMPARED WITH NUMBER OF FAILURES. MER C / ( Savings deposits increased in each of the seven Federal Reserve districts for which figures are available. United States postal-savings deposits decreased slightly. Life-insurance sales increased over November, which in many respects was a low month. The total new life-insurance business for the year was 12.2 per cent greater in value than in 1921. The largest increase occurred in group insurance, which was 151 per cent greater than in the preceding year. Failures in December were larger both in number and in liabilities than in the preceding months. This seasonable increase did not carry the total as high as in December, 1921, by nearly $30,000,000 in liabilities. Dividend and interest payments were larger in December than in either November or in December a year ago. New capital issues were also larger in December. For the year 1922 these issues have been nearly 30 per cent greater than in the preceding year. JDEC. -80- JAN. •! JULY !\ JAUQ. m\ -2,700 -600- s! I1 I i !i SI80 16 1 AVr -90- INTEREST RATES AND BOND PRICES. 1922 i < 2 TTT -t 1920 s ! 1922 > JAPR. 1»>o i'I 1 HJAN. Ji -JoEC. Hi ]JULY g NUMBER OP BUSINESS FAILURES AND AMOUNT OF DEFAULTED LIABILITIES. -LIABILI 8 MILLIONS -1 .itu Rather curiously, bank clearings, as compiled by Bradstreet's, show an increase of only $769,000,000, or about 5.5 per cent, for clearings outside New York, while the corresponding debits as mentioned above show an increase of nearly 14.5 per cent in December. Bills discounted by the Federal Reserve banks declined slightly in December while investments increased. Total reserves showed a small decline and the reserve ratio of total deposits to total reserves, including Federal Reserve note liabilities, dropped from 76.4 to 72.1, the lowest figure for the year. Both loans and discounts and total investments of the Federal Reserve member banks increased in December. New York call-loan rates averaged lower in December than in the preceding month, while rates on prime commercial paper rose from 4.38 to 4.63 per cent. This is the highest average for any month since last March. $2.40 36 S2.20 33 S2.00 30 / /\ / \ / \ / \ \ / / \ | / \ / \ \ 27 § •«.8O z | 24 o SI.60 | a §81.40 • <r « . . . 0 0 o 18 S a z< 3 « si.oo J.. < § 15 \ \ 1 / / / / / / / / I / / / / / / / // / \ / • I*\\ s\\ \\ I / / \ // § S0.80 12 S P S0.60 [N// 0 $040 6 I $020 3 SO.OO 0I9I0 I91I I9I2 I9I3 I9I4 I9I5 I9I6 I9I7 I9I8 I9I9 I920 I92I 1922 The average price of 25 industrial stocks increased nearly 3 per cent in December, thus regaining most of the ground lost in November. A decline occurred in the average price of 25 railroad stocks, bringing this movement to the lowest point since last June. Stock 21 sales on the New York exchange totaled 19,692,000 shares, a decline of 5 per cent from November. For the year, stock sales have been 50 per cent greater than in 1921. Bond sales on the New York exchange were nearly 5 per cent greater than in November, but with that exception they were the smallest for any month of the year. The December increase was confined to Liberty-Victory sales. Bond prices remained relatively stable in December; the only change of significance was a decline in the average for public utility bonds. Receipts of gold at the mint were smaller in December than for other recent months. Imports of gold increased over November, although less than a year ago. Silver production increased in December. Both imports and exports of 'silver were also larger, while the price both at New York and London declined. FOREIGN TRADE. approximately $229,000,000. The bureau now estimates that imports were entered during the remaining nine days of September to the value of $69,000,000, making a total of $298,000,000 for the whole of September and leaving $319,000,000 as the value of imports in October, 1922. Imports in October, 1921, were only $188,000,000. EXPORTS FROM THE UNITED STATES AND THE UNITED KINGDOM. 400 A 300 I / CO or LU \ r1 CO D Z X 1 \ i 200 w JI > V \ LU Q Z Exports for the month of December totaled $344,000,000 or nearly 10 per cent less than in November. For the year as a whole, exports have been nearly 15 per cent less in value than in 1921. Much of this decline has been due to lower prices. Owing to the confusion in the custom offices, resulting from the new tariff law and the difficulty in getting declarations properly made out, the Bureau of Customs Statistics of the Treasury Department was unable to issue even total figures on import trade for the months of October, November, and December. On January 1, 1923, the statistical work formerly with the Treasury Department was transferred to the Bureau of Foreign and Domestic Commerce of this department. Every effort is being made to bring this work up to date and in the future to issue the figures promptly each month. The detailed tables in this bulletin contain the import figures for October, which have just become available. It should be remembered that for all individual commodities, the imports credited to October cover the period from midnight on September 21, 1922, when the new tariff law went into effect, to midnight October 31, while the figures credited to September cover only the first 21 days of that month. So far as the total value of imports are concerned, it has been possible to approximate the amount covered in the calendar months of September and October. The figure previously given for the value of the imports in the first 21 days of September was 100 1920 \ A. / / .A • \ , / A l( 13 AVERAG E 1921 1922 Foreign exchange rates tended to increase during December. Sterling rose nearly 3 per cent, bringing the average to $4.61 compared with $4.87 as par. The franc also rose to $0,072 for December but a marked decline has occurred since the 1st of January. The Italian lire rose 11.1 per cent for the month, with an average value of $0.05. TRADE OF FOREIGN COUNTRIES. Imports into the United Kingdom in December remained at about the same level as in November. Exports, on the other hand, were 11 per cent less. For the year 1922 total imports declined nearly 8 per cent, while exports increased 1.2 per cent. Exports of raw material were nearly 60 per cent greater than in 1921. Rather marked declines occurred in both imports and exports in Canada during December, compared with the high figures reached in November. Canadian exports were 10 per cent greater in 1922 than in 1921, while imports were 4.6 per cent less. INDEX NUMBERS OF PRODUCTION AND MARKETING. In recent numbers of the Survey there have been f published detailed discussions of certain index numbers of production and marketing dealing with both raw materials and manufactured products. The following tables give the recent figures for each of these index numbers, compared with the corresponding months of 1921. The methods of compiling these indexes and the weighting factors used are discussed in detail in the issues of the Survey referred to. Table 16 (p. 63) gives the total index numbers for each month during the last two years. INDEX OF MANUFACTURING PRODUCTION—Continued. (Relative production in 1919=100.) 1*22 1921 Nov. Dec. Sept. Oct. Nov. Dec. TOBACCO: Manufactured tobacco and snuff Cigars Cigarettes 87.1 104.4 95.5 70.8 78.7 67.7 105.0 106.2 125.5 101.2 117.7 101.6 95.8 115.3 102.2 74.5 95.2 80.1 97.7 73.0 113.4 108.3 106.5 85.4 17.5 13.1 4.5 9.6 7.9 Total MlSCELLANOUS: Shipbuilding 1 For complete table and discussion see January, 1923 (No. 17), issue of the Survey, pp. 22-29. 2 Subject to revision; partly estimated. I N D E X OF MANUFACTURING PRODUCTION. 1 (Relative production 1919=100.) MANUFACTURING PRODUCTION—SUPPLEMENTARY I N D E X NUMBERS. 1921 Nov. Total index FOODSTUFFS: Meats Wheat flour . . Sugar meltings Ice cream . Butter... Cheese Cnndp.nsfifl milk Glucose and starch Olemargarine (production) Rice Total TEXTILES: 1922 Dec. Oct. Sept. 88.2 83.4 92.9 91.7 82.5 47.5 94.8 51.3 58.4 114.1 60.8 121.7 94.5 79.8 78.2 40.8 95.5 44.8 54.7 110.9 59.9 124.2 87.3 84.0 101.6 107.0 116.2 103.6 107.4 100.4 119.0 110.3 104.9 55.5 67.6 13.0 (Relative production 1919=100.) Nov. Nov. 100.7 2 108.2 2 108.3 90.6 99.3 113.1 122. 5 96.2 2 86.1 150.0 90.1 121.3 2 112.0 91.0 22 73.7 58.3 55.6 112.9 124.4 58.4 46.3 129.2 2S3.0 2 111.5 121.0 95.1 2 63.1 2 89. 8 22 50.4 48.6 118.3 61.9 210.4 99.6 69.9 84.2 107.0 126.8 107.0 124.3 114.0 64.7 58.1 39.9 79.8 96.6 53.4 103.5 116.9 65.0 111.8 117.6 71.3 121.1 113.2 94.2 62.9 57.9 92.0 112.2 114.2 113.1 Lumber Flooring 92.6 140.3 85.3 145.1 118.5 180.8 Total 101.1 96.0 129.6 119.2 197.6 133.2 114.0 196.5 128.7 94.4 184.3 110.4 9079 93.0 79.5 82.7 79.1 76.0 96.2 103.9 116.9 96.7 98. s 111.2 96.7 120.8 134.8 100.9 124.9 131.6 106.6 124.4 123.0 96.5 117.7 144.7 111.3 115.1 121.6 135.4 132.8 128.3 110.5 109.8 123.4 129.9 126.6 128.9 60.9 120.5 153.5 169.0 64.5 126.5 110.2 185.0 77.4 140.9 82.8 188.0 100.1 145.4 149.7 156.0 83.2 144.8 154.0 185.6 116.7 118.2 117.9 125.7 139.2 138.5 74.6 86.0 70.2 86.0 103.1 79.0 117.2 73.0 102.8 77.0 80.7 78.6 90.3 93.6 89.1 lEON AND 3TEEL: Pig iron Steel ingots. Locomotives Total LUMBER: SOLE LEATHER PAPER AND PRINTING: Wood pulp Paper ... . . . Printing (paper purchases) Consumption by printers, newspaper printing Total CHEMICALS, ETC.: Coke Petroleum products Cottonseed oil Turpentine and rosin Total STONE, CLAY, AND GLASS: Brick . Glass bottles Total supple- Nov. Oct. Sept. Dec. 85.6 100.5 70.5 133.3 81.8 88.0 119.7 48.0 97.9 83.8 105.1 115.7 125.7 170.7 130.2 112.9 131.6 144.4 183.6 143.4 111.1 137.6 143.6 169.6 133.1 101.1 129.5 137.7 129.6 133.8 80.8 70.8 124.5 138.8 134.4 127.6 120 V\ / \ / \ too \ \ / s (919 tWERA t - •— \ \4 \ 1 I f V \ V / / / / JS1- > / / s 117.9 268.8 I N D E X OF PRODUCTION OF R A W MATERIALS.1 (Relative production 1919=100.) 1922 1921 102.3 Nov. Total METALS OTHER THAN IRON AND STEEL: Copper smelting and refining Zinc smelting and refining Enamel ware 35.1 55.3 128.8 35.4 57.6 103.4 106.9 * 107.6 * 106.9 86.6 104.4 105.1 184.8 188.1 186.3 * 107.6 112.0 196.9 Total metals, except iron and steel 81.2 70.6 137.0 * 142.7 »141.8 » 148.1 Combined mentary Dec. INDEX NUMBERS OF MANUFACTURING PRODUCTION. (Average monthly production 1919=100). 117.1 137.6 Total Boots and shoes Lead Automobiles .. Cement Rubber tires .. 104. 3 2 104. 9 108.2 128.8 115.5 Cotton (consumption) Wool (consumption) 1922 1921 Dec. Minerals (total) Animals Crops Forestry Dec. 107.2 106.1 9ai 97.9 121.6 96.2 85.1 103.3 118.3 90.6 Sept. Oct. Nov. Dec. 153.5 137.1 129.2 128.0 114.8 111.5 99.2 » 165. 8 M94.6 122.9 123.1 123.7 112.7 M60.3 120.7 119.9 118.7 142.7 103.1 133.4 1 For complete table and discussion, see September (No. 13) issue of the Survey. * Revised. 23 INDEX OF MINERAL PRODUCTION. 1 I N D E X OF CROP MARKETING. 1 [Relative production 1919=100.] [Relative production, 1919=100.] 1921 Nov. Total production Petroleum Bituminous coal Anthracite coal Iron ore Copper » Lead! :;:::::::::::. Zinc Gold Silver Total, excluding lead, gold, and silver 1922 Dec. Sept. 1921 Nov. Oct. 114.8 128.0 123.7 119.9 Grand totaL 121.7 118.2 165.8 194.6 160.3 142.7 143.6 107.3 67.8 152.9 90.0 115.7 173.5 90.9 112.7 151.9 118.3 116.8 134 8 96.9 131.6 211.9 121.1 109.3 151.9 118.6 116.3 84.0 2 95.9 137.6 213.3 106.3 103.1 159.0 121.7 114.8 0.3 96.9 132.2 227.3 84.2 107.0 Corn. Wheat Oats. Barley Rve Rice Total grains 103.1 81.2 56.3 27.1 49.8 140.4 264.9 76.1 69.7 22.0 58.8 145.3 235.4 183.3 116.4 65.6 300.4 149.2 216.6 153.4 123.4 59.5 197.3 313.9 159.6 134.9 121.3 53.0 196.4 292.1 249.9 143.9 108.8 54.4 178.6 270.7 84.8 122.1 190.2 171.1 145.1 170.3 Potatoes (white). Sweet potatoes Tomatoes.. 104.1 160.4 30.0 67.9 111.2 251.4 65.2 160.7 4.3 60.6 87.4 340.0 158.6 313.8 344.0 250.6 165.6 154.0 224.7 291.6 102 6 269.4 315.9 383.6 130.3 214.3 23 5 116.0 165.6 346.2 77.2 176.6 54 87.7 113.9 399.8 89.9 Nov. Total, excluding lead, gold, and silver 17.3 119.7 58.3 91.8 82.5 84.7 115.1 124.1 128.3 120.4 1922 Dec. Sept. Nov. Oct. Dec. 93.7 87.6 128.4 143.4 137.1 130.2 209.6 103.6 98.8 12.7 23.4 110.8 89.6 64.1 75.1 232.1 89.0 86.2 19.4 132.0 93.1 58.3 77.2 250.6 115.3 69.2 171.6 100.9 127.6 277.3 57.7 105.5 264.9 127.1 119.2 151.4 108.6 145.1 338.6 76.9 102.3 264.9 127.4 118.6 94.3 2 107.5 151.7 340.8 67.5 96.5 277.4 130.8 117.1 0.3 108.6 145.7 363.2 53.4 100.1 96.3 89.4 135.0 150.0 143.7 137.2 Onions Cabbage... Celery Total vegetables Apples Peaches Citrus fruit Grapes Pears Watermelons.... Cantaloupes Strawberries. Total fruits 103.3 72.3 186.6 227.6 131.9 85.8 206.3 84.8 121.1 169.1 0.2 8.6 431.3 47.9 83.7 976.0 476.7 3.2 41.9 275.8 113.1 73.8 27.8 204.9 531 5 35.0 841.5 785.9 63 4 184.9 0.9 131.6 231.7 68.7 0.1 7.6 183.7 8.1 12.4 114.5 72.4 282.0 315.4 161.2 98.5 167.8 171.4 145.3 76.7 132.6 193.3 221.8 272.3 205.1 197.8 143.7 107.0 0.7 Cotton. Cottonseed Total cotton products Hay Tobacco Flaxseed Cane sugar 168.3 135.1 141.6 229.3 204.0 138.3 54.5 138.6 154.8 45S.6 53.6 97.8 95.1 4S6.6 76.9 63 8 185.9 22.6 61.6 102.0 262.2 29.4 71.3 70.9 202.0 465.0 71.4 85.9 155.1 562.0 Total miscellaneous.. 132.9 118.2 69.9 88.3 104.7 118.1 1 For complete table and discussion, see July (No. 11) issue of the Survey. I N D E X OF FORESTRY PRODUCTION. 1 1 For complete table and discussion, see May (No. 9) issue of the Survey. * Revised. [Relative production, 1919=100.] I N D E X OF MARKETINGS OF ANIMAL PRODUCTS. 1 1921 [Relative marketings, 1919=100.] Nov. Total Nov. 1922 1921 Wool Cattle and calves. . . . Hogs Sheep Eggs . Poultry Fish Afilk. Dec. Sept. Oct. Nov. Dec. 97.9 103.3 99.2 111.5 112.7 118.7 61.5 94.0 98.7 89.4 33.6 241.7 59.0 97.5 84.7 69.0 104.7 73.5 45.3 313.7 52.2 107.4 48.2 115.6 81.9 98.9 68,6 87.0 101.8 119.2 48.5 143.1 98.5 146.2 59.1 108.5 101.4 122.0 54.5 118.3 118.3 101.0 41.3 228.1 79.0 113.9 44.1 88.9 133.9 66.9 40.9 370.9 54.8 115.0 VPIIOW pine Western and sugar pine and white fir. Douglas fir Redwood.. Hemlock.. Maple, birch, and beech.. Total lumber Pulp wood. Gum Distilled wood Grand total.. . 1 1 For complete table and discussion, see June (No. 10) issue of the Survey. Dec. 85.1 1921 Lead Zinc Gold Silver Nov. Oct. 133. 1 82.9 84.5 [Relative production 1909-1913=100.] Bituminous coal Anthracite coal . Iron ore Sept. 90.1 I N D E X OF MINERAL PRODUCTION. 1 Total Dec. 120.1 96.4 96.9 11.3 20.9 100.5 56.1 100.9 80.2 1 For complete table and discussion, see September (No. 13) issue of the Survey. 1 Revised. PptroipllTTI Nov. Dec. 1922 " 1922 Dec. Sept. Oct. Nov. Dec. 107.1 99.4 114.9 114.7 114.5 102.6 62.2 99.4 147.6 47.9 23.9 40.0 94.0 115.5 36.2 43.9 173.8 129.4 2 148.8 84.8 63.1 186.8 130.7 2 153.6 75.9 62.8 141.7 128.8 193.3 52.5 66.4 67.4 98.8 92.2 61.6 84.3 92.6 85.3 2 118.5 2 119.2 114.0 94.4 101 7 167.9 56.4 101.0 181.4 70.0 137.2 188.5 2 86.1 144.2 157.6 107.9 150.6 1S4.2 133.0 140.7 1S4.3 144.1 122.9 123.1 120.7 103.1 9672 90.6 1 For complete table and discussion, see August (No. 12 ) issue of the Survey. * Revised. 24 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. The numerical data for the latest months are given and in addition index numbers tor the last four months and for two corresponding months of a year ago. In many lines the figures do not lend themselves readily to statistical uniformity, due to lateness of their publication or publication at other than monthly intervals; therefore the following explanations of the various headings are offered to make clear such distinctions and in general to facilitate the use of the table: November, 1922.—This column gives the November figures corresponding to those for December shown in the next column—in other words, cover the previous month, and in some cases, where indicated by a footnote, refer to the previous quarter; that is, ending September 30, 1922. December, 1922.—In this column are give the figures covering the month of December, or, as in the case of stocks, etc., the situation on December 31 or January 1. In a few cases (usually where returns are reported quarterly only) the figures are for the quarter ending September 30 or the condition on that date. Where this column is left blank, no figures for December were available at the time of going to press (February 7). Corresponding month, November or December, 1921.—Thefiguresin this column present the situation exactly a year previous to those in the "December, 1922," column (that is, generally December, 1921), but where no figures are available for December, 1922, the November, 1921, figures have been inserted in this column for comparison with the November, 1922 figures. In the case of quarterly figures, this column shows the corresponding quarter of 1921. Cumulative total through latest month.—These columns set forth, for those items that can properly be cumulated, the cumulative total for the first twelve months of the calendar years 1921 and 1922, respectively, except where the December, 1922, figures are lacking, in which case the cumulative total for eleven months in each year is given. Percentage increase ( + ) or decrease ( —) cumulative, 1922 from 1921.—This column shows the per cent by which the cumulated total for the twelve months of 1922 is greater ( + ) or less ( —) than the total for the corresponding period of 1921. Base year or'period.—Forpurposes of comparison with a previous more or less normal period, all items, so far as possible, are related to such a period by index numbers. The period taken for each item, called the base, is the monthly average of the year or period stated in this column. Wherever possible, the year 1913 is taken as a base, and if no pre-war figures are available, 1919 is usually taken to avoid using a war year as a basis. In some cases it will be noted that figures were not available prior to 1920 or even 1921 and that sometimes a month, or an average of a few months, has to be used rather than a year's average. Also, for some industries, 1919 would not be a proper base on account of extraordinary conditions in the industry and therefore some more representative year has been chosen. Index numbers.—In order to visualize the trend of each movement, index or relative numbers are given for the last four months and for two corresponding months of a year ago. These index numbers are computed by allowing the monthly average for the base period, usually 1913 or 1919, to equal 100. If the movement for a current month is greater than the base the index number will be greater than 100. If the converse is true the index number will be less than 100. The difference between 100 and any index number gives at once the per cent increase or decrease compared with the base period. Index numbers may also be used to compute the approximate per cent increase or decrease from one month to the next. Percentage increase (+) or decrease ( — ) December from November.—The last column shows the per cent increase or decrease of the figure for the last month compared with the preceding month. NOTE.—Because of the confusion resulting from the new tariff schedules, the Bureau of Customs Statistics, Treasury Department, has not been able to compile the import figures for either November or December. All import figures are therefore omitted from this table. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. November. 1922 December^ 1922 Corresponding month, November or December, 1921. INDEX NUMBERS. Percentage increase CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 1922 { V or decrease <-) cumulative 1922 from 1921. BASE YEAR OR 1921 Percentage increase 1922 (+) or decrease PERIOD. Nov. Dec. Sept. Oct. Nov. Dec. Dec! from Nov. TEXTILES. Wool. Consumption by textile mills... .thous. of lbs.. Receipts at Boston: Domestic thous. of lbs.. Foreign thous. of lbs.. Total thous. of lbs.. Machinery activity: Looms, wide per ct. of hours active.. Looms, narrow per ct. of hours active.. Looms, carpet and rug per ct. of hours active.. Sets of cards per ct. of hours active.. Combs per ct. of hours active.. Spinning spindles— Woolen. per ct. of hours active.. Worsted per ct. of hours active.. Looms and spindles: Woolen spindles.per ct. of active to total.. Worsted spindles per ct. of active to rotal.. Wide looms per ct. of active to total.. Narrow looms.. .per ct. of active to total.. Carpet loams per ct. of active to total.. 63,313 58,367 49,441 529,495 654,125 + 23.5 1921 121 112 124 134 143 132 - 7.8 9,715 21,731 31,446 7,855 34,788 42,643 15,091 4,092 19,183 143,720 199,353 343,074 190,907 + 32.8 242,857 + 21.8 433,765 + 26.4 1913 1913 1913 81 90 84 112 78 102 64 241 114 64 225 109 71 412 168 58 - 19.1 659 + 60.1 227 + 35.6 80.0 72.7 84.5 73.3 67.1 72.2 1921 1921 104 116 113 105 112 114 122 116 114 123 + 5.6 115 + 0.8 83.7 93.7 111.4 83.3 94.4 103.8 70.3 72.9 98.6 1921 1921 1921 142 110 105 137 102 111 158 128 105 144 131 119 163 131 125 162 - 0.5 132 + 0.7 116 - 6.8 89.7 93.7 90.5 98.6 74.4 86.2 1921 1921 109 107 103 105 123 103 126 115 125 114 126 + 0.9 120 + 5.2 84 90 81 82 84 85 89 81 83 85 75 87 70 79 74 1913 1913 1913 1913 1913 101 122 99 107 109 97 118 95 108 109 110 109 97 104 121 109 120 104 108 122 109 122 109 112 124 110 120 109 114 125 + - 1.2 1.1 0.0 + 1.2 + 1.2 25 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are driven in this number. Consult index at end of bulletin. November 1922 December, 1922 Corresponding month, November or December, 1921. (+) CUMULATIVE TOTAL THROUGH LATEST MONTH. or decrease (-) 1921 INDEX Percentage increase cumulative 1922 from 1921. 1922 BASE YEAR OR PERIOD. 1921 NUMBERS. Percentage increase 1922 or decrease Nov. Dec. Dec! from Nov. Sept. Oct. Nov. Dec. TEXTILES—Continued. Wool—Continued. Prices: Kaw wool to producer, all grades dolls, per l b . . Unwashed, fine Ohio, Boston, dolls per. l b . . Worsted yarn dolls, per l b . . Wool dress goods dolls, per y d . . Men's suitings dolls, per yd.. .332 .51 1.650 .950 3.420 .353 .50 16.50 .950 3.420 .169 .31 1.250 .815 2.835 577,561 527,945 510,925 1,721 4,198 3,922 858,337 1,921 4,075 3,812 607,853 1,738 5,207 4,544 639,825 6,485,221 6,129,763 45,934 9,015 14,716 41,367 9,501 14,260 39,842 6,365 12,567 551,624 80,356 139,119 34,665 8,710 234 34,968 8,228 221 34,439 7,726 210 396,577 .238 .256 .452 .077 .117 .245 .257 .460 .077 .120 .163 .183 .382 .058 .107 1913 1913 1913 1913 1913 148 145 184 101 141 161 145 184 189 218 187 145 213 + 12.6 1913 109 106 103 123 301 151 93 130 296 148 5.5 1913 1913 1913 1913 - 586,957 111,088 165,338 + 6.4 + 38.2 + 18.8 1913 1921 1919 144 95 87 108 95 85 396,312 - 1913 114 1913 1913 1913 1913 1913 135 142 160 174 172 1919 1919 43 132 193 227 193 146 213 199 232 212 169 221 211 227 212 169 221 + - 6.3 2.0 0.0 0.0 0.0 120 109 - 8.6 103 246 110 110 128 239 128 118 143 232 124 84 + - 11.6 2.9 2.8 29.2 138 150 124 135 100 112 142 + 97 - 5.4 3.1 115 116 + - 0.9 5.5 5.6 Cotton. Consumption by textile mills bales. Stocks, end of month: Mills thous. of bales. Warehouses thous. of bales. Visible supply thous. of bales. Exports, unmanufactured bales. Manufactured goods: Cotton cloth exports thous. of sq. yds. Fabric consump. of tire mfrs.thous. of lbs. Elastic webbing sales thous. of yds Machinery activity: Spindles— Active thousands. Total activity mills, of hours.. Activity per spindle hours.. Prices: Raw cotton to producer dolls, per lb.. Raw cotton, New York dolls, per lb.. Cotton yarn dolls, per lb.. Print cloth dolls, per yd.. Sheeting dolls, per yd . 5,406,775 6,087,065 0.1 183 73 51 138 136 100 110 137 143 154 168 174 167 168 167 191 176 187 178 171 208 176 117 108 129 97 149 200 183 223 190 204 2.9 201 0.4 186 + 1.8 223 0.0 196 + 2.6 Fine Cotton Goods. Production Sales pieces.. pieces.. 411,527 393,453 Knit Underwear. Production doz.. 666,900 Orders received doz.. ,015,200 Shipments doz.. 629,100 Cancellations doz.. 14,400 Unfilled orders, end of month thous. of doz.. 2,287 449,913 440,578 3,801,377 3,899,991 549,000 ,143,900 546,300 8,100 2,524 603,000 448,200 528,300 19,800 1,929 6,087,600 7,533,900 + 23.8 7,154,100 9,425,700 + 31.8 5,541,300 7,703,100 + 39.0 118,800 167,400 + 40.9 1920 11920 i 1920 11920 i 1920 114 539 105 52 396 102 444 115 40 384 652 170 24 336 31,042 49,174 8.232 20,930 24,804 7.595 + 13.7 21920 1920 1913 140 38 197 117 48 209 192 72 210 210 4,193,473 3,941,606 10.3 1.1 107 115 113 93 ,201 1,006 1,133 131 119 137 18 17 29 464 455 502 + — — + 17.7 12.7 13.2 43.8 10.4 217 174 96 + + 12.5 4.3 4.3 Silk. Consumption, raw Stocks, raw, end of month Prices, raw, Japanese, N. Y bales.. bales.. dolls per lb.. 35,467 47,159 7.889 thout. of short tons.. 3,658 thous. of long tons., thous. of long tons.. 2,850 3,303 3,086 3,178 thous. of long tons.. thous. of long tons.. thous. of long tons.. thous. of long tons.. 386 236 371 739 thous. of long tons.. thous. of long tons.. 188 48 323,286 367,620 199 METALS. Iron and Steel. Iron ore movement Production: Pig iron Steel ingots Merchant pig iron: Production Sales Shipments Unfilled orders Stocks, merchant furnaces. Stock, steel plants 1 1 25,538 42,156 + 65.1 1913 83 73 46 - 99.7 1,649 1,631 16,544 19,235 26,880 33,284 + 62.5 + 73.0 1913 1913 79 108 103 130 111 131 121 + 126 - 8.3 3.8 428 807 378 1,155 240 210 201 925 2,022 1,750 2,274 3,234 + 59.9 4,325 +147.1 3,967 + 74.5 1914 1914 1914 1914 64 102 72 112 57 113 10.9 245 +241.9 114 + 1.9 88 + 56.3 231 77 548 175 25 25 30 + 22.9 41 + 60.4 Six months' average, July to December, inclusive. Eleven months' average, February to December, inclusive. 1914 1921 26 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. November, December, Corresponding month, November or December, CUMULATIVE TOTAL THROUGH LATEST MONTH. 1922 1921. Percentage increase ( } t or decrease (-) 1921 INDEX NUMBERS. Percentage increase cumulative 1922 from 1921. BASE YEAR OR PERIOD. 1921 1922 or decrease Nov. Dec. Sept. Oct. Nov. fci Dec. from Nov. METALS—Continued. Iron and Steel—Continued. Steel castings: Total bookings short tons.. Railroad specialties short tons.. Miscellaneous bookings short tons.. Exports (comparable) thous. of long tons.. Exports (total) thous. of long tons.. Unfilled orders, Steel Corp., end of month thous. of long tons.. Foundry production, Ohio...per ct. of normal.. Wholesale prices: Pig i r o n Foundry, No. 2, Northern dolls, per long ton. Basic, Valley furnace dolls, per long ton. Steel billets, Bessemer .dolls, per long ton. Iron and steel dolls, per long ton. Composite pig iron doiis. per long ton. Composite steel dolls, per 100 lbs. Composite finished steel.dolls, per 100 lbs. Structural steel beams.. .dolls, per 100 lbs. Locomotives. Shipments: Total Domestic Foreign Unfilled orders: Total Domestic Foreign Freight cars: Orders, domestic 29,912 14,389 15,523 134 287,674 114,888 172,786 2,208 148 214 104 48 77 115 129 105 46 79 92 83 98 47 76 72 100 113 303 117 297 116 506 114 295 - 1.4 3.6 142 137 229 210 185 171 - 7.6 129 113 132 136 133 128 106 127 113 129 132 130 127 99 222 153 166 211 146 146 137 210 155 166 206 149 148 141 189 146 160 191 149 146 136 169 - 10.6 142 3.3 154 3.7 173 9.3 149 0.0 147 0.8 132 4.8 1913 1920 1920 39 103 7 47 121 13 52 131 17 + 32.1 176 + 34.7 18 + 6.7 +163.6 1920 1920 1920 111 151 27 116 159 28 122 168 28 120 - 1.7 168 - Q.2 22 - 20.3 179,975 +716.2 1913 99 121 171 221 + 29.2 1,563 724,912 + 79.4 +121.6 1919 1919 49 77 68 120 41 68 +116.7 250 +267.8 795,059 399,174 385,885 1,674 2,011 + 176.4 +247.4 + 123.3 - 24.2 1920 1920 1920 1913 1922 22,131 38,768 106 129 28,271 40,618 125 151 6,840 63.32 6,746 61.02 4,268 20.80 1913 1921 72 117 29.65 27.40 21.96 1913 27.75 37.75 42.08 29.46 2.57 2.42 2.10 24.81 36.50 40.53 26.73 2.57 2.44 2.00 18.63 29.00 33.99 20.42 2.23 2.11 1.50 1913 1913 1913 1913 1913 1913 1913 number. number. number. 159 144 15 210 194 16 30 59 number. number. number. 1,619 1,501 118 1,592 1,498 94 265 143 122 4,047 10,668 number. 18,000 23,255 550 22,050 number. horsepower. 96 35,808 208 131,699 58 20,224 871 327,138 91.3 86.7 65.0 121.0 11.3 80.4 84.7 156.6 198.2 10.8 40.1 47.3 24.2 68.8 18.6 194,069 37.1 385,881 121,000 201,319 38.7 424,107 145,800 124,006 13.3 193,814 94,100 1,344,498 2,308,635 + 71.7 997,200 1,929,400 + 93.5 1,349 830 519 1,274 5.6 1,056 + 27.2 218 - 58.0 59 104 107 103# 54 90 + 13.1 + 27.7 + 4.8 17.9 + 17.1 Stokers. Sales Sales Finished. Iron and Steel. Sheets, blue, black, and galvanized: Production per ct. of capacity. Shipments per ct. of capacity. Sales per ct. of capacity. Unfilled orders per ct. of capacity. Unsold stocks per ct. of capacity. Steel barrels: Shipments barrels. Production per ct. of capacity. Unfilled orders barrels. Structural steel, sales short tons. 1920 1920 1920 1920 1920 70 69 58 29 826 55 65 40 23 809 111 104 123 51 365 126 116 130 48 339 126 119 107 41 491 111 117 258 67 470 - 11.9 - 2.3 + 140.9 + 63.8 - 4.4 1921 1921 i 1921 1913 116 113 97 137 111 76 184 213 138 168 169 206 122 150 173 213 165 127 180 222 181 153 + 3.7 + 4.3 + 9.9 + 20.5 95 83 87 102 74 87 101 79 87 102 + 71 90 + 1.0 9.7 3.7 115 46 43 59 118 138 44 71 76 124 139 48 65 61 129 148 45 63 59 127 6.6 6.4 4.0 4.0 1.3 Copper. Production Exports Wholesale price, electrolytic thous. of lbs.. thous. of lbs.. dolls, per l b . . 102,845 55,788 .136 103,845 50,362 .141 18,595 61,518 .136 472,028 615,514 990,737 + 109.9 728,195 + 18.3 1913 1913 1913 22 103 83 Zinc. Production Stocks, end of month Receipts, St. Louis. Shipments, St. Louis Price, slab, prime western thous. of lbs.. thous. of lbs.. thous. of lbs.. thous. of lbs.. dolls, per l b . . 80,400 38,994 18,044 17,331 . 075 85,682 36,504 17,328 16,646 .074 44,026 133,216 20,016 34,593 .053 431,186 747,356 + 73.3 162,587 248,867 218,326 + 34.3 253,784 + 2.0 1913 1913 1913 1913 1913 73 165 69 i Six months' average, July to December, inclusive. 76 164 72 122 90 + - 27 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detaited tables covering all items are given in this number. Consult index at end of bulletin. November, 1922 December, 1922 Corresponding month, November or December, 1921. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1922 Percentage in crease ( } t or decrease (-) 1921 INDEX NUMBERS. Percentage increase cumulative 1922 from 1921. BASE YEAR OR PERIOD. 1922 1921 or decrease Nov. Dec. Sept. Oot. NOT. Dec. Dec. from Nov. METALS— Continued. Tin. Stocks, end of month Wholesale price, pig tin long tons.. dolls, per l b . . .369 3,704 .377 1,696 .326 Lead. Receipts, St. Louis .thous. of lbs.. Shipments, St. Louis thous. of lbs.. Wholesaleprice,pig, desilverized. .dolls, per l b . . 13,254 9,615 .072 13,805 6,382 .073 14,006 4,318 .047 125,876 58,395 45,262 8,535 1,138 2,925 46,450 8,430 1,233 3,063 31,627 6,203 514 1,860 a 4,410 4,575 1,618 440 38 1913 191S 71 65 92 73 67 72 155 77 146 82 201 + 37.2 84 2.2 202,856 + 61.2 115,524 + 97.8 1913 1913 1913 168 44 107 256 49 107 351 125 140 340 165 152 242 110 165 252 + 4.2 73 - 33.6 166 + 1.4 415,922 90,473 5,653 19,918 404,505 52,721 8,039 28,497 2.7 41.7 42.2 43.1 1913 1913 1913 1913 103 65 22 212 113 112 81 265 114 112 41 276 117 + 111 44 + + 2.6 1.2 8.3 4.7 3,820 40,938 47,661 16.4 1919 125 134 136 141 + 3.7 1,469 382 123 770 306 23 20,660 4,178 275 11,024 - 46.6 2,366 - 43.4 455 + 65.5 1909-13 1909-13 1909-13 107 31 48 157 141 53 147 152 52 134 - 9.2 133 - 13.2 168 +223.7 6.39 4.11 10.52 7.19 5.89 4.13 10.64 7.00 3.85 2.26 10.65 2.75 1913 1913 1913 1913 186 191 201 122 175 184 201 113 336 410 198 456 291 356 291 334 198 402 295 268 336 200 287 - 7.8 + 0.5 + 1.1 - 2,6 10 83 10.82 8.92 1913 188 185 225 227 225 225 - 0.1 13.83 14.54 13.30 1913 191 191 212 19S 209 + 5.1 thous. of bbls. thous. of bbls. thous. of bbls. thous. of bbls. thous. of bbls. .dolls, per bbl. number. 47,531 a 265,017 a 54,072 7,364 12,085 1,250 1,450 50,137 264,578 57,181 7,713 12,240 1,250 1,197 41,957 185,623 47,819 13,753 19,397 2,250 1,108 183 170 210 876 814 228 56 203 177 219 929 898 241 70 219 251 227 435 526 134 231 253 244 499 648 134 87 230 252 248 496 560 134 91 242 5.5 252 0.2 262 + 5.7 520 + 4.7 567 1.3 0.0 134 75 - 17.4 thous. of gals. rhous. of gals. thous. of gals. thous. of gals. 567,101 41,572 470,043 776,724 thous. of gals. thous. of gals. FUEL AND POWER. Coal and Coke. Production: Bituminous coal thous. of short tons Anthracite coal thous. of short tons Beehive coke thous. of short tons By-product coke thous. of short tons Public-utility electric power mills of kw. hours Exports: Bituminous thous. of long tons. Anthracite thous. of long tons Coke thous. of long tons Wholesale prices: Bituminous— Kanawha, f. o. b.— Cincinnati dolls, per short ton. Mine average dolls, per short ton. Anthracite, chestnut...dolls, per long ton. Coke, Connellsville dolls, per short ton. Retail prices: Bituminous, Chicago.dolls, per short ton. Anthracite, c h e s t n u t New York dolls, per short ton. + + Petroleum. Crude petroleum: Production Stocks, end of month Consumption Imports Shipments from Mexico Price, Kansas-Oklahoma.. Oils wells completed Gasoline: Production Exports Domestic consumption Stocks, end of month Kerosene oil: Production Stocks Gas and fuel oil: Production Stocks Lubricating oil: Production Stocks a Revised. 469,639 551,197 527,981 125,307 181,110 586,359 + 11.1 124,340 - 0.8 187,334 + 3.4 14,612 17,338 + 18.7 1913 1913 1913 1913 1913 1913 1913 431,887 4,714,517 5,617,185 19.1 35,990 525,807 579,545 + 10.2 350,548 4,203,585 4,924,103 + 17.1 495,590 1919 1919 1919 1919 131 150 122 105 133 117 109 124 163 146 177 146 172 139 171 153 172 136 164 164 234,436 257,879 175,240 340,026 17.2 1919 1919 90 113 87 113 101 90 110 85 120 86 891,590 thous. of gals. thous. of gals. 1,352,348 799,257 1,279,451 8,798,046 9,734,116 + 10.6 1919 1919 126 166 136 173 144 177 145 178 140 176 89,271 226,430 77,005 228,038 795,285 1919 1919 109 141 117 134 116 133 124 135 127 140 .thous. of gals. thous. of gals. 47,223 1,774,811 2,080,086 888,967 17.4 11.8 154 13.6 28 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. November, 1922 December, 1922 Corresponding month, November or December, 1921. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 INDEX NUMBERS. Percentage! Increase 1922 or decrease (-) cumulative 1922 from 1921. BASE YEAR OR 1921 Percentage increase 1922 or decrease PERIOD. Nov. Dec. Sept. Oct. Nov. Dec. from Nov. PAPER AND PRINTING. Wood Pulp. Mechanical: Production Consumption and shipment.. Stocks, end of month Chemical: Production Consumption and shipment.. Stocks, end of month short tons.. .short tons.. short tons.. 120,143 135,270 80,212 107,301 121,120 66,393 121,804 1,268,012 114,087 1,274,564 123,080 1,481,935 + IS. 9 1,533,622 + 20.3 short tons.. .short tons.. short tons.. 180,603 187,564 44,631 169,770 167,493 46,908 151,031 1,533,426 147,380 1,529,606 46,843 1,982,373 29.3 1,997,258 + 30.6 Production short tons.. Shipments short tons.. Exports short tons.. Stocks, end of month: Total short tons.. At mills short tons.. Jobbers short tons.. Publishers short tons.. In transit to publishers short tons.. Consumption short tons Prices: Contract, domestic dolls, per 100 lbs.. Contract, Canadian dolls, per 100 lbs.. Spot market, domestic. .dolls, per 100 lbs.. 127,983 128,077 1,280 119,404 119,847 2,059 107,877 1,225,235 107,070 1,226,064 16,834 1,599 1,447,688 + 18.2 1,452,414 + 18.5 25,836 + 53.5 253,442 19,651 7,031 176,208 50,552 188,647 238,707 19,208 8,174 166,143 45,182 182,374 3.788 3.528 3.830 1919 1919 1919 90 93 75 1919 1919 1919 101 95 85 110 - 10.7 100 - 10.5 43 - 17.2 112 82 85 112 62 101 106 113 112 102 107 119 117 80 96 124 1919 1919 1913 91 91 35 109 110 64 114 113 31 112 104 - 111 104 - 227,235 23,934 6,560 169,319 27,422 163,560 1919 1919 1919 1919 1919 1919 102 114 79 72 125 103 122 111 83 79 116 115 135 111 82 81 114 123 133 104 - 5.8 80 - 2.3 3.604 3.522 3.873 4.102 4.018 3.666 1919 1919 1919 113 93,065 36,770 36,231 70,798 38,757 198,947 55,864 185,397 54,693 77,300 45,539 74,822 64,625 64,850 48,848 651,605 31,666 30,932 36,742 25,843 34,000 242,485 52 105 - 6.0 104 - 10.7 87 + 5.1 Newsprint Paper. 97 73 115 64 111 100 76 109 67 115 94 97 102 96 97 85 96 85 93 122 115 116 122 122 122 116 110 110 110 97 117 6.7 6.4 57 + 60.9 94 + 16.3 107 - 5.7 110 - 10.6 128 - 3.3 97 96 90 4.9 0.2 + 1.1 Other Paper. Book: Production short tons.. Stocks short tons.. Paperboard: Production short tons.. Stocks short tons.. Wrapping: Production short tons.. Stocks short tons.. Fine: Production short tons. Stocks short tons. Total, all grades (including newsprint): Production short tons.. Stocks at mills short tons, Exports (total printing) short tons.. 725,992 981,919 + 35 3 149,047 1,664,931 2,156,113 + 29.5 63,018. 1919 1919 1919 1919 106 92 122 121 122 110 116 106 97 103 836,271 + 28.3 1919 1919 114 92 112 89 122 100 361,050 + 48.9 1919 1919 91 104 104 12 106 7.9 1919 1919 1919 1,498,148 + 81.1 1919 100 116 114 - 4.9 114 106 - 6.8 2.1 1.5 134 129 - 3.2 118 4- 41.9 110 118 111 100 108 100 - 125 100 13 124 15 121 104 23 100 17 118 - 5.3 108 + 8.4 23 + 38.1 82 142 137 141 136 - 2.3 0.4 641,544 238,101 2,586 607,241 258,000 3,572 150,799 138,330 80 145,582 115,012 75 87,692 46,497 53 827,384 53,404 36,377 84 57,159 33,625 84 42,146 5,050 58 543,488 70.5 55.8 53.5 68.4 62.3 52.9 1921 1921 123 136 161 139 154 117 - 24.0 132 110 138 133 116 143 + 23.3 1921 1921 115 83.8 44.9 34.7 122 60.0 79 79 230 154 183 201 207 136 190 + 39.7 1921 111 90 123 123 126 111 - 11.9 508,284 5,356,317 253,644 2,343 37,448 7,017,800 + 31.0 40,405 Paper Boxes. Corrugated board: Production (ContainerClub).thous. sq. ft. Production& thous. sq. ft. Machinery activity.. .per cent of n ormal. Solid fiber board: Production (Container Club).thous. sq. ft. Production 6 thous. sq. ft. Machinery activity per cent of normal. Folding boxes: Production per cent of capacity. New orders per cent of capacity. Labels: Production per cent of capacity. New orders per cent of capacity.. Rope paper sacks: Shipments index number. 3 - Label production is no longer reported. & Figures furnished by the National Association of Corrugated and Fibre Box Manufacturers. 3.5 - 16.9 + 22.1 1919 117 122 121 105 6.3 112 + 7.0 - 7.6 0.0 29 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. November, 1922 December, 1922 Corresponding month, November or December, 1921. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 1922 Percentage increase (+) or decrease (-) cumulative 1922 from 1921. INDEX NUMBERS. BASE YEAE OR PERIOD. 1921 Percentage increase 1922 or decrease Nov. I Dec. Sept. Oct. Nov. Dec. Dec! from Nov. PAPER A N D PRINTING—Continued. Printing. Activity, weighted index number. Paper purchases, quantities.. .index number. Paper purchases, value index number. Sales index number. RUBBER. Crude: Consumption by tire mfrs..thous. of lbs. Wholesale price, Para, N. Y . .dolls, per lb. Tires: ProductionPneumatic. thousands., Solid thousands. Inner tubes thousands. Domestic s h i p m e n t s Pneumatic thousands. Solid thousands. Inner tubes thousands. Stocks, end of m o n t h Pneumatic thousands. Solid thousands. Inner tubes thousands. 28,672 .219 .223 18,049 .211 215,064 327,612 + 52.3 Sept., '20 1918 1918 1918 105 92 139 1921 1913 27 93 105 93 149 85 127 117 156 94 124 116 160 94 116 109 145 101 157 21 172 24 160 27 161 28 + 0.5 + 1.8 2,733 86 3,851 2,657 77 3,411 1,840 40 2,070 21,820 424 27,102 30,698 40.7 787 + 85.6 38,137 + 40.7 1921 1921 1921 97 123 94 101 114 92 138 234 155 147 242 168 150 243 171 146 218 151 - 2.8 - 10.5 - 11.4 2,380 61 3,075 2,934 65 3,826 1,980 40 2,523 22,867 528 27,507 29,222 + 27.8 689 + 30.5 36,656 + 33.3 1921 1921 1921 70 79 67 104 90 110 131 152 155 136 162 149 125 140 134 154 147 167 + 23.3 + 6.6 + 24.4 4,965 235 6,210 4,599 244 5,732 3,697 169 4,731 1921 1921 1921 93 75 114 73 104 109 87 113 111 93 120 118 102 136 109 106 125 - 7.4 + 3.8 - 7.7 214,632 21,627 206,418 20,138 70,690 8,307 1919 1919 136 73 156 81 155 82 149 - 3.8 27,232 27,376 5,070 26,900 12,310 7,501 188 124 77 170 130 90 162 130 70 108 129 70 - 1.2 + 0.5 - 74.4 5,559 5,112 80 73 - 8.0 915 765 - 16.4 3,576 3,066 AUTOMOBILES. Production: Passenger cars number. Trucks number Shipments: By railroad carloads. Driveaways number of machines. By boat number of machines. Internal revenue taxes collected on: Passenger automobiles and motorcycles thous. of dolls.. Automobile trucks and wagons thous. of dolls.. Automobile accessories and parts thous. of dolls.. 27,500 1,300 474 2,334,171 243,049 76 - 6.9 195,478 144,446 22,310 331, 746 + 69.7 304,555 + 110.8 58,079 + 160.3 1920 1920 1920 51,237 74,856 + 46.1 1920 78 57 103 8;245 9,585 + 16.3 1920 52 38 61 71 72 61 40, 486 35,353 - 12.7 1920 79 67 90 82 84 72 - 14.3 1919 86 86 79 73 77 *1921 <1921 < 1921 138 143 138 99 141 128 150 121 119 160 150 139 160 153 1913 1919 218 44 220 43 285 46 342 378 73 327 64 1913 1913 1913 1914 166 173 166 153 173 179 169 152 193 197 196 199 192 192 196 201 193 192 192 - 2.0 198 - 1.5 192 - 0.5 192 0.0 G L A S S AND OPTICAL GOODS. Bottles, production index number.. Illuminating glassware: Net orders per ct. of capacity.. Actual production per ct. of capacity.. Shipments billed per ct. of capacity.. Spectacle frames and mountings: Sales (shipments) index number.. Unfilled orders (value) index number.. 61.9 57.8 54.6 50.6 51.7 49.1 - 13.5 - 12.3 BUILDING AND CONSTRUCTION. Building Costs. Building materials: Frame house Brick house Building costs Concrete factory costs index number.. index number.. index number.. index number.. 30 TREND OF BUSINESS MOVEMENTS -Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin November, 1922 December, 1922 Corresponding month, November or December, INDEX NUMBERS. Percentage increase (+) CUMULATIVE TOTAL THROUGH LATEST MONTH. or decrease (-) cumulative 1921 BASE YEAR OR PERIOD. 1921 1922 (+) 1 i 1922 1922 Percentage increase i Nov. Dec. j Sept. Oct. Nov. Dec. from 1921. 1921. or decrease (-), Dec. from Nov. BUILDING AND CONSTRUCTION— Continued. Construction and Losses. Contracts awarded, floor space: Business buildings thous. of sq. ft.. Industrial buildings thous. of sq. ft.. Residential buildings thous. of sq. ft.. Educational buildings thous. of sq. ft.. Hospitals and institutions, thous. of sq. ft.. Public buildings thous. of sq. ft.. Social and recreational buildings thous. of sq. ft.. Religious and memorial buildings thous. of sq. ft.. Grand total thous. of sq. ft.. Contracts awarded, value: Business buildings thous. of dolls.. Industrial buildings thous. of dolls.. Residential buildings thous. of dolls.. Educational buildings thous. of dolls.. Hospitals and institutions.thous. of dolls.. Public buildings thous. of dolls.. Public works and utilities.thous. of dolls.. Social and recreational buildings thous. of dolls.. Religious and memorial buildings thous of dolls Grand total thous. of dolls Fire losses thous. of dolls.. 6,427 6,415 28,759 2,180 1,016 266 5,710 4,202 24,950 2,330 427 ! 194 4,583 2,846 21,901 3,297 760 332 65,240 35,773 204,568 40,583 10,694 3,020 870 326 j 1,002 17,476 992 46,946 375 38,603 ! 510 35,272 9,202 387,203 29,938 29,242 122,469 13,058 9,977 1,750 27,516 25,868 j 19,298 | 120,139 14,251 3,417 1,915 24,875 22,056 14,553 100,897 15,046 6,343 2,143 27,833 331,946 173,325 877,845 243,833 70,145 22,314 459,184 1913 101 118 50 i 129 127 122 Ill — 9.0 98 36 114 190 194 115 74 57 70 (At 128 175 295 87 143 114 276 155 62 33 124 122 116 113 + - 11.2 34.5 13.2 6.9 58.0 27.1 95,234 + 65,551 + 310,396 + 54,593 + 11,780 + 3,383 + 46.0 83.2 51.7 34.5 10.2 12.0 1919 1919 1919 1919 1919 1919 56 33 112 178 142 69 22 109 172 207 193 + 4.2 1919 97 79 147 85 69 26 - 62.5 12,855 + 39.7 572,944 + 48.0 1919 1919 111 81 115 233 95 262 76 100 223 101 84 83 - 62.2 - 17.8 72 41 138 79 63 65 34 143 151 197 192 67 136 62 143 213 163 118 120 95 65 157 175 262 102 99 89 68 173 131 305 156 66 77 45 170 143 105 171 18,217 ' - 13.6 - 34.0 - 1.9 + 9.1 - 65.8 + 9.4 59 - 9.6 + + + + + + + 49.5 87.5 53.5 24.4 23.5 45.3 22.4 1919 1919 1919 1919 1919 1919 1919 109,968 + 1.3 1919 96 88 172 94 61 35 - 43.2 496,301 325,002 1,347,423 303,346 86,631 32,431 562,167 128 183 4,279 2,429 6,149 108,598 5,979 244,366 30,776 2,624 215,213 3,369 198,518 28,908 60,399 2,359,775 332,656 86,061 + 42.5 3,352,919 4- 42.1 410,890 + 23.5 1919 1919 1919 104 89 117 108 92 129 232 126 185 231 118 179 191 114 137 84 100 212 — 56.1 - 11.9 + 54.1 4,505,259 5,237,601 + 16.3 1917 1917 1913 100 79 206 92 82 189 105 88 215 104 93 216 105 93 214 95 89 216 + 3,572,847 3,582,064 5,282,887 4,906,175 + 47.9 + 37.0 1917 1917 1913 105 97 125 99 93 125 137 129 212 138 114 212 136 110 212 104 123 212 - 23.3 + 11.9 + 23.8 + 54.7 + 62.2 1918 1918 1918 135 171 105 117 105 136 165 144 140 125 168 176 182 204 84 188 179 - 52.3 796,649 + 69.7 549,413 + 57.3 1,542,182 + 27.8 1918 1918 1918 116 136 50 109 150 215 204 141 233 185 187 161 184 184 88 — 46.2 174 — 5.7 2.8 180 - + 15.9 + 15.3 1917 1917 1917 48 64 60 31 41 61 63 53 50 49 48 51 25 49 47 35 57 43 + 42.2 + 16.6 — 8.9 151,829 112,273 158,295 + 4.3 149,656 + 33.3 1917 1917 1917 21 55 69 31 36 67 47 42 55 45 46 51 44 43 49 52 59 49 + 17.2 + 35.9 - 0.7 893,249 922,079 1,439,467 + 61.1 1,544,024 |+ 67.5 1917 1917 1920 56 87 143 127 97 158 102 104 134 120 33 75 119 56 100 113 - 59.0 + 4.1 + 0.4 1919 1919 124 134 126 126 161 190 168 204 161 ! 134 - 17.0 185 144 - 22.3 47,426 Lumber. Southern pine: 389,832 400,815 PrnHiirfrvi \f ft b m 443,389 Stocks, end of month M ft. b . m . . 1,274,418 1,218,843 1,125,979 43.57 Price, "B"andbetter.dolls.perM ft. b. m . . 49.27 49.69 Douglas fir: 346,634 Production (computed) M ft. b. m . . 474,961 364,436 Shipments (computed) M ft. b . m . . 356,333 398,815 301,688 Price, No. 1 common.dolls, per M ft. b . m . . 11.500 19.500 J9.500 California redwood: 66,105 31,527 39,490 Production M ft. b . m . . Shipments M ft. b. m . . 53,589 33,280 51,988 51,492 30,235 Orders received M ft. b . m . . 58,499 California white pine: 84,497 45,501 Production Mft. b. m . . 26,278 34,827 Shipments Mft. b . m . . 58,828 55,471 401,677 Stocks M f t. b . m . . 489,042 478,054 Michigan softwood: 6,112 4,299 5,386 Production M ft. b. m . . 8,701 10,149 7,219 Shipments M ft. b. m . . 50,085 45,633 64,703 Stocks, end of month . . .Mft. b. m Michigan hardwood: 12,322 14,439 8,586 Production M ft. b. m . . 13,525 18,383 Shipments M ft. b. m . . 11,330. 150,747 Stocks, end of month M ft. b . m . . 109,786 109,035 Western pine: 37,145 Production. M ft. b. m . . a 149,253 ; 61,253 Shipments M ft. b. m . . a 106,071 110,380 82,505 Stocks, end of month M ft. b. m . . n 993,484 997,116 1,052,423 North Carolina pine: Production M ft. b. m.. 55,090 , 45,731 43,190 Shipments Mft.b.m.. 59,500 46,214 40,530 475,416 341,295 353,663 469,316 349,371 1,207,044 588,420 528,124 573,655 92,603 97,301 79,901 84,403 \ 361,970 348,628 « Twelve monrh's average, May, 1921, to April, 1922, inclusive. 630,511 + 74.2 629,954 + 80.7 198 67 96 113 1 Revised. 9.6 4.4 0.9 0.0 + 3.1 — 12.0 31 TREND OF BUSINESS MOVEMENTS~-Continued. NUMERICAL DATA. NOTE.—Detailed taoles covering all items are given in this number. Consult index at end of bulletin. CorrespondNovember, 1922 December, 1922 month, November or December, 1921. CUMULATIVE TOTAL THEOUGH LATEST MONTH. 1921 1922 INDEX NUMBERS. Percentage increase { v or decrease (-) cumulative 1922 from 1921. BASE YEAR OR PERIOD. Percent- 1922 1921 crease or decrease Dec! from Nov. Nov. Dec. Sept. Oct. Nov. Dec. BUILDING AND CONSTRUCTION— Continued. Lumber—Continued. Northern pine: Lumber— Production M ft. b. m . . Shipments Mft.b. m.. LathProduction. Mft.b. in.. Shipments .M ft. b. m.. Northern hemlock: Production. M ft. b. m.. Shipments ..M ft. b. m.. Northern hardwood: Production. M ft. b. m.. Shipments .M ft. b. m.. Exports, planks, scantling, joists..M ft. b. m.. Composite prices, lumber: Hardwoods dolls, per M ft. b. m.. Soft w o o d s . . . . . . . . . . dolls, per M ft. b. m.. Flooring. Oak flooring: Production M ft. b. m.. Shipments M ft. b. m.. Orders booked M ft. b. m.. I Stocks, end of month... Mft.b.m.. Unfilled orders, end of month. .M ft. b. m.. Maple flooring: Production M ft. b. m.. Shipments M ft. b. m.. Orders booked.. M ft. b. m.. Stocks, end of month Mft.b. m.. Unfilled orders, end of month.. M ft. b. m.. Brick. Clay fire brick: Production thousands.. Shipments thousands.. Stocks, end of month thousands.. New orders thousands.. Unfilled orders thousands.. Silica brick: Production thousands.. Shipments thousands.. Stocks, end of month thousands.. Face brick: Production thousands.. Stocks, in sheds and kilns thousands.. Unfilled orders thousands.. Shipments thousands.. Prices: Common red, New York.. dolls, per thous.. Common salmon, Chicago, dolls, per thous.. 26,693 52,741 19,219 41,717 19,205 25,458 410,453 333,218 534,144 + 30.1 580,282 + 74.1 1920 1920 30 48 51 131 112 113 107 66 105 48 - 28.0 83 - 20.9 7,503 10,085 4,329 6,121 5,311 4,582 104,027 118,586 150,884 + 45.0 133,163 + 12.3 1920 1920 38 120 55 72 160 345 135 160 78 159 - 42.3 - 39.3 17,963 27,888 19,997 20,425 9,953 17,076 202,837 221,215 281,801 + 38.2 312,990 + 41.5 1913 1913 32 26 47 67 89 63 77 48 77 53 + 11.3 56 - 26.8 22,879 41,653 115,243 30,272 36,722 115,097 14,709 27,379 151,268 334,058 228,802 318,004 - 4.8 410,445 + 79.4 1913 1913 1909-1913 24 145 62 52 108 85 72 154 60 74 143 62 81 164 65 107 + 32.3 145 - 11.8 65 - 0.1 45.29 34.27 45.54 34.36 38.69 27.39 26,828 26,431 29,269 19,132 35,209 23,473 24,510 23,948 21,230 40, 925 17,510 18,065 13,070 21, 763 20,888 148,929 163,134 168,690 12,755 13,010 11,281 23,908 20,580 13,648 12, 762 14,444 25,156 22,324 11, 713 9,042 6,927 30,865 13,894 100,534 97, 454 107,896 56,546 54,423 155,876 54,187 71,096 53,637 54,502 155,011 50,884 67,400 34,000 30,596 145,406 27,915 23,108 13,871 11,359 42,269 13,653 10,977 45,081 42,587 93,209 51, 720 32,900 92.6 101.0 101.8 108.4 109.0 + 0.6 55.2 67.1 67.8 69.1 69.3 + 0.3 1921 1920 92.9 55.3 274,524 + 84.3 287,335 + 76.1 284,671 + 68.8 1913 1913 1913 1913 1913 254 325 389 232 290 262 301 214 242 358 427 360 235 496 395 486 393 211 445 402 440 480 213 486 352 408 392 236 564 137,020 + 36.3 143,223 + 47.0 146,565 + 35.8 1919 1919 1919 1919 1919 113 94 102 184 46 117 76 49 200 36 125 107 85 150 58 134 103 83 158 57 127 110 80 155 54 136 7.0 108 - 1.9 102 28.0 163 + 5.2 58 8.5 384,347 | 558,149 + 45.2 349,362 ! 544, 231 + 55.8 1919 1919 1919 1919 1919 63 58 102 58 67 60 105 54 25 96 104 113 116 85 110 117 110 99 76 111 107 112 105 76 106 108 112 99 72 34 52 91 81 89 112 94 95 99 81 101 97 - 1.6 78 - 3.4 108 + 6.7 + + 12.5 7.3 18.2 11.0 16.2 - 5.1 + 0.1 -0.6 - 6.1 - 5.2 275,497 588,901 + 113.8 4,754 7,321 38,812 62,955 58,378 133,143 +111.5 126,260 +116.3 1919 1919 1919 45,118 118,626 54,812 30,653 38,444 160,961 34, 755 23,151 428,174 547,664 + 27.9 334,169 477,331 + 42.8 1919 1919 1919 5 1920 101 159 42 87 85 181 40 71 114 113 94 135 127 114 76 127 94 105 60 102 100 + 6.1 133 + 27.3 64 6.0 95 - 6.8 14. 75 8.70 17. 48 8.75 14.50 8.93 1913 1913 229 175 221 181 255 178 232 182 225 176 + 18.5 177 + 0.6 thous. of bbls.. thous. of bbls.. thous. of bbls.. dolls, per b b l . . 11,349 10,167 5,320 1. 75 8,671 4,858 9,134 1.73 6,559 3,697 11,938 1.50 98,293 95,051 113,870 + 15.8 116,563 + 22.6 1913 1913 1913 1913 116 70 81 148 85 50 106 148 149 168 42 173 160 174 37 173 148 138 47 173 113 66 81 171 thous. ofsq. y d s . . thous. ofsq. y d s . . thous. of sq. y d s . . 3,528 2,789 739 3,744 3,095 649 3,102 2,408 694 53,234 43,939 12,296 79,140 + 48.7 58,352 + 32.8 20,788 + 69.1 1919 1919 1919 87 89 83 70 70 68 142 127 191 105 81 185 79 81 72 Cement. Production Shipments Stocks, end of m o n t h . . . . . Price, Portland Paving contracts: Total Roads Streets and alleys 6 Ten months' average, March to December, inclusive. + - 23.6 52.2 71.7 1.1 84 + 6.1 90 + 11.0 64 - 12.2 32 TREND OF BUSINESS MOVEMENTS—Continued. Percentage increase NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. BUILDING AND C O N S T R U C T I O N Continued. S a n i t a r y Ware. Baths, enamel: Orders shipped number.. Stocks number.. Orders received number.. Lavatories, enamel: Orders shipped number.. Stocks number.. Orders received number.. Sinks, enamel: Orders shipped number.. Stocks number.. Orders received number.. Miscellaneous, enamel: Orders shipped number.. Stocks , .number.. Orders received number.. Sanitary pottery: Orders received.. .number pieces per kiln.. November 1922 December. 1922 Corresponding month, November or December, 1921. 74,943 33,126 89,690 79,204 34,517 95,633 90,324 59,645 108,976 91,592 59,595 124,052 111,834 96,645 61,183 139,373 103,418 64,908 132,847 133,014 42,429 50,451 62,935 47,336 56,284 65,199 710 38,818 CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 1922 498,117 866,733 INDEX Percentage NUMBERS. (+) or decrease (-) cumulative 1922 from 1921. + 74.0 53,140 41,993 490,934 1,081,839 + 120.4 45,176 698,033 1,071,973 + 53.6 inBASE YEAR OR PERIOD. 1921 1922 or decrease Nov. Dec. Sept. Oct. Nov. Dec. Dec! from Nov. 1919 148 112 219 228 217 229 5.7 1919 96 126 50 64 79 82 4.2 1919 59 60 114 110 128 137 6.6 + 1.4 - 0.1 + 13.8 1919 120 99 193 191 197 200 1919 72 80 38 40 43 43 49,961 675,780 1,374,800 +103.4 1919 70 68 135 127 148 57,430 797,493 1,124,879 + 41.1 1919 130 105 166 178 177 189 1919 91 106 46 44 49 52 71 128 117 158 7.0 + 6.1 151 4.7 62,222 774,922 1,468,395 + 89.5 1919 71 27,518 403,683 531,447 + 31.6 1919 117 97 167 154 149 167 1919 101 63 63 63 70 138 124 150 + 11.6 + 11.6 156 + 3.6 205 166 165 160 - 120 I 135 ! 104 112 139 - 12.0 - 20.2 "29,879 381,641 712,043 + 86.6 1919 75 IK 71 367 2,195 6,439 + 193.3 1919 54 85 551,379 51,365 868,727 + 57.8 1919 106,026 +106.4 1919 64 53 I 91,643 3.1 Abrasive Paper a n d Cloth. Domestic sales Foreign sales reams.. reams.. 76,2b\ 16,007 67,120 45,195 12,766 4,896 117 175 HIDES AND LEATHER. Hides. Stocks, end of month: Total hides and skins thous. of l b s . . 378,588 384,403 364,706 1921 Cattle hides thous. of l b s . . 294,970 305,570 283,969 1921 Calf and kip skins thous. of l b s . . 60,096 55,970 49,083 1921 Sheep and lamb s k i n s . . .thous. of l b s . . 23,522 22,878 31,654 1921 dolls, per l b . . dolls, per l b . . .228 . 189 .204 .165 .160 .140 1913 1913 thous. of backs, bends, and s i d e s . . . 1,754 84 101 85 84 84 96 81 79 96 80 84 83 97 80 90 74 116 97 123 104 93 134 66 111 127 79 146 110 98 126 83 211 112 102 141 101 98 90 98 88 98 87 87 95 93 99 107 88 100 90 96 90 96 99 96 50 66 33 73 33 74 121 186 124 173 124 173 36 32 67 58 70 63 88 67 102 50 110 63 1.5 3.6 6.9 2.7 87 103 71 Prices: Green salted, packer's heavy native steers Calfskins, country No. 1 124 100 111 85 10.5 15.3 3.8 6.1 3.7 0.0 4.7 Leather. Production: Sole - 3.0 1,482 1,426 d o z . . o « 33,797 31,743 Oak and union harness stuffed sides.. «134,589 129,606 1919 63 Finished sole and belting thous. of l b s . . 25,644 25,650 28,431 307,879 294,687 - 4.3 1921 115 thous. of sq. f t . . 81,774 77,948 73,557 695,831 875,555 + 25.8 1921 114 Skivers Finished upper 17,991 17,457 1919 95 1919 117 79 76 145 136 113 109 100 100 141 134 Stocks, end of month: Sole and belting Upper thous. of l b s . . 168,771 168,967 195,897 1921 100 thous. of sq. f t . . 402,569 395,450 415,790 1921 98 thous. of l b s . . 100,590 106,481 110,226 1921 104 thous. of sq. f t . . 162,545 157,696 176,051 1921 107 1913 90 0.1 1.8 Stocks, in process of tanning: Sole and belting Upper 5.9 3.0 Exports: Sole Upper thous. of l b s . . 635 1,156 1,311 14,380 15,605 thous. of sq. f t . . 7,628 6,391 5,843 42,710 80,931 .350 . 450 .350 .340 1913 121 .450 .500 1913 186 468 826 452 259 3,601 5,129 785 433 6,571 8,612 + 42.4 + 31.1 30,076 504 27,853 24,242 285,518 323,876 + 13.4 533 560 8,959 5,409 Prices: Sole, hemlock, middle No. 1. .dolls per l b . . Chrome calf, " B " grades, .dolls per sq. ft.. Leather Products. Belting sales: Quantity thous. of lbs.. Amount thous. of dolls.. Boots and shoes: Production. thous. of pairs.. Exports thous. of pairs.. + 8.5 + 89.5 1913 1919 1919 1919 1913 36 44 86 72 124 124 167 167 82.0 - 16.2 0.0 0.0 3.4 5.0 109 101 60 63 7.4 5.8 a6 Revised. Not directly comparable with monthly figures prior to July, 1922. The index n umbers have been computed by chain relatives and take account of the percentage variation rather than the absolute variation in the figures, and hence show the trend of the movement irrespective of the change in the number of firms reporting. 33 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. HIDES AND LEATHER—Continued. Leather Products—Continued. "Wholesale prices: Men's black calf, blucher dolls, per pair.. Men's dress welt, tan calf, St. Louis dolls, per pair.. Women's black kid, Goodyear welt, St. Louis dolls, per pair. November. 1922 December, 1922 Corresponding month, November or December, 1921. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 INDEX NUMBERS. ]Percentage increase 1922 (+) or decrease (-) cumulative 1922 from 1921. BASE YEAR OR PERIOD. Percentage increase 1922 1921 or decrease Nov. Dec. Sept. Oct. Nov. Dec. Dec! from Nov. 6.35 6.35 6.75 1913 217 217 205 204 204 204 0.0 4.85 4.85 4.85 1913 153 153 152 153 153 153, 0.0 4.25 4.25 4.75 1913 158 158 141 141 142 142 0.0 14,779 795,569 91,944 928,499 16,154 901,403 99,605 886,609 8,465 458,553 48,382 865,258 70 72 64 102 78 85 78 111 101 105 98 113 122 125 121 110 133 140 131 105 513 483 92,074 532 513 65,710 394 63,663 CHEMICALS. Production: Acetate of lime thous. of lbs. Wood alcohol galls. •Consumption, wood, carbonized cords. Stocks, wood cords. Exports: Sulphuric acid thous. of lbs. Dyes and dyestuffs thous. of dolls. Total fertilizer long tons. Price index number: Crude drugs index number. Essential oils index number. Drugs and Pharmaceuticals.index number. Chemicals weighted index number. Price, sulphuric acid 66° N.Y.dolls.per 100lbs.. 56,445 3,500,868 384,770 118,590 + 110.1 >, 607,122 + 88.8 736,450 + 91.4 12,815 6,860 895, 443 12, 470 - 2 . 7 5,198 — 24.2 935,676 + 4.5 1920 1920 1920 1920 1909-13 1909-13 1909-13 + + + - 9.3 13.3 8.3 4.5 42 79 .115 107 84 87 + 3.7 1,731 1,362 1,292 1,564 1,670 1,772 + 6.2 62 54 98 67 64 - 28.6 1914 1914 1914 1913 1913 127 135 116 147 85 132 137 118 145 85 182 131 121 149 74 195 122 128 154 73 196 121 131 160 70 204 123 137 164 70 + + + + 4.1 1.7 4.6 2.5 0.0 .70 .70 .85 barrels. barrels. 26,582 40,161 24,835 44,774 23,070 66,965 266,456 261,019 I - 2.0 1919-20 1919-20 161 206 151 215 196 95 174 103 174 129 163 - 6.6 144 + 11.5 barrels. barrels. 105,800 352,465 111, 108 349,917 113,524 336,680 798,883 996,592 14.7 1919-20 1919-20 171 160 203 175 180 175 142 173 183 199 + 182 - thous. of lbs. 13,701 12,180 12,529 263,566 83,738 - 68.2 1913 37 43 15 18 47 thous. of lbs. thous. of lbs. 19,028 19,806 19,965 18,678 19,411 195,670 210,210 163,607 179,628 - 16.4 - 14.5 1913 1913 154 148 152 164 118 136 148 136 157 167 168 tons. 857,734 784,386 620,117 1919 150 121 79 150 167 153 - 8.6 thous. of lbs. thous. of lbs. dolls, per lb. 115,247 183,522 .094 106,988 140,569 .097 99,669 131,336 1,286,300 933,250 |- 27.4 1919 1919 1913 116 166 114 104 119 115 57 89 117 101 162 127 120 166 130 111 - 7.2 127 - 23.4 134 + 3.2 600 929 630 544 335 385 5,627 4,341 4,941 - 12.2 3,803 - 12.4 1913 1913 91 109 64 90 67 + 5.0 53 - 41.4 182 940 118 788 92 1,365 5,448 1,289 |- 5 . 6 3,372 - 38.1 1913 1913 135 124 117 76 - 35.2 72 - 16.2 55 674 26 340 395 227 1913 1913 315 20 24 25 11 - 52.7 12 - 49.6 NAVAL STORES. Turpentine: Net receipts Stocks Rosin: Net receipts Stocks 5.0 0.7 FATS AND OILS. Total vegetable oils: Exports Oleomargarine: Production Consumption 42 - 11.1 0.8 Cottonseed. Cottonseed stocks Cottonseed oil: Stocks Production Price, New York Flaxseed. Receipts: Minneapolis thous. of bushs. Duluth thous. of bushs. Shipments: Minneapolis thous. of bushs. Duluth thous. of bushs. Stocks: Minneapolis thous. of bushs. Duluth thous. of bushs. linseed oil: Shipments from Minneapolis.thous.of lbs. X/inseed-oil cake: Shipments fromMinneapolis. thous. of lbs.. 29011°—23 3 113 17 170 1913 1913 59 34 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed taoles covering all items are given in this number.. Consult index at end of bulletin. CorrespondNovember, 1922 December, 1922 month, November or December, 1921. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 INDEX NUMBERS. Percentage increase 1922 or decrease cumulative 1922 from 1921. BASE YEAR OR PERIOD. 1921 Percentage increase 1922 { v Dec. Sept. Oct. Nov. Dec. or decrease from Nov. FATS AND OILS—Continued. Vegetable and Animal Oils. Following figures are quarterly. Crude vegetable oil: Production «.. thous. of lbs. Consumption thous. of lbs. Stocks. thous. of lbs. Refined vegetable oil: Production thous. of lbs. Ctonsumption thous. of lbs. Socks thous. of lbs. Cottonseed oil—crude: Production thous. of lbs. Consumption thous. of lbs. Stocks thous. of lbs. Peanut oil—crude and virgin: Production thous. of lbs. Consumption thous. of lbs. Stocks thous. of lbs. Cocoanut or copra oil—crude: Production thous. of lbs. Consumption thous. of lbs. Stocks thous. of lbs. Corn oil—crude: Production thous. of lbs. Consumption ..thous. of lbs. Stocks ..thous. of lbs. Linseed oil: Production ..thous. of lbs. Consumption ..thous. of lbs. Stocks ..thous. of lbs. Fish oil: Production thous. of lbs. Consumption thous. of lbs. Stocks thous. of lbs. Animal fats: Production thous. of lbs. Consumption thous. of lbs. Stocks thous. of lbs. Greases: Production thous. of lbs. Consumption thous. of lbs. Stocks thous. of lbs. Derivatives: Production thous. of lbs. Consumption thous. of lbs. Stocks thous. of lbs. 294,453 297,309 283,997 754,337 700,790 338,272 710,468 2,017,272 1,738,631 - 13.: 612,525 2,016,133 1,837,786 363,313 1919 1919 1919 7 56 7 51 750 123 96 72 51 47 56 130 +156.2 110 + 135.7 67 + 19.1 111,421 239,911 7 96,297 462,214 299,397 193,278 1,419,041 1,064,489 - 25.0 960,495 - 15.4 233,124 1,134,917 308,262 1919 1919 1919 f 38 7 85 7 45 96 65 109 24 67 34 84 + 24.8 7 119,195 7 64,025 7 54,906 503,442 426,226 106,988 491,979 1,271,029 418,473 1,295,760 100,167 930,398 - 26.8 887,814 - 31.5 1919 1919 1919 7 40 7 39 7 45 138 127 90 33 19 49 +322.4 +565.7 + 94.$ 7 1,236 7 6,260 T1,141 3,256 2,045 1,661 10,442 7,635 12,080 38,733 42,554 22,397 - 42.2 28,344 - 33.4 1919 1919 1919 7 45 725 7 34 48 14 50 6 12 5 + 163.4 - 67.3 + 45.6 7 34,217 7 73,597 7 108,557 50,460 96,794 94.031 35,588 61,802 79,667 112,989 241,096 185,525 + 64.2 302,885 + 25.6 1919 1919 1919 7 64 7 62 750 59 51 63 70 70 94 i+ 47.5 92 !+ 31.5 61 i- 13.4 7 26,626 7 23,307 7 8,139 28,964 27,957 6,186 27,779 23,135 9,726 87,481 71,946 106,491 + 21.7 101,474 + 41.0 1919 1919 1919 r 103 7 87 7 91 114 103 121 109 104. 101 119 1+ 8.8125 !+ 20.0 77 i- 24.0 7103,400 7 89,096 7 69,036 158,753 90,917 81,551 137,528 68,861 123,391 482,812 238,824 457,443 - 5.3 347,014 45.3 1919 1919 1919 7 95 7 138 7 106 121 146 189 91 188 106 53.5 140 192 + 2.Q 125 + 18.1 7 44,433 7 38, 720 7 59,547 20,765 31,354 46,038 22,952 36,450 44,093 49,959 78,236 76,030 + 52.2 117,785 + 50.6 1919 1919 1919 7 284 7 175 7 120 279 371 540 395 133 252 - 53.3 320 - 19.0 163 - 22.7 7 456,441 7 131,879 7 161,034 542,641 149,592 115,848 465,024 1,893,405 2,045,745 + 8.0 153,434 616,067 555,999 + 9.8 167,542. 1919 1919 1919 7 114 7 106 7 137 127 106 121 124 91 117 148 + 18.9 104 + 13.4 84 + 28.1 7 83,206 7 57,658 7 45,029 98,702 65,469 41,907 378,503 + 11.0 244,996 + 35.7 1919 1919 1919 Till 7 82 7 148 123 106 121 119 112 67 142 + 18.6 127 + 13.5 62 7 465,527 7 237,138 7 126,595 576,049 271,779 132,975 411,036 1,361,298 1,923,624 + 41.3 191, 771 735,055 908,417 + 23,6 185,571 1919 1919 1919 7 162 7 93 7 77 155 92 101 176 114 218 + 23.7 130 + 14.6 62 + 5.0 85,794 54,657 81,728 341,030 180,598 +314.8 + 100.7 Oil, Seed, and Nuts. Reported quarterly. Peanuts, hulled: Consumption Stocks Copra: Consumption Stocks Corn germs: Consumption Stocks Flaxseed: Consumption Stocks short tons. short tons. 2,992 1,564 11,723 277 10,324 - 11.8 1919 1919 +224.0 + 45.0 short tons. short tons. 7 26,964 7 6,542 39,148 10,472 26,776 6,705 84,643 138,697 + 63.9 1919 1919 763 7 49 short tons. short tons. 33,279 7 641 39,726 470 38,242 576 123,320 147,555 + 19.6 1919 1919 744 short tons. short tons. 7 156,316 7 50,763 240,843 64,656 211,086 95,662 1919 1919 7 94 7 179 7 681,485 Previous quarter, October 1. - 6.5 93 47 + 45. 2 + 60.1 104 91 108 56 + - 19. 4 26 7 122 320 90 170 139 217 + 54 1 1 +27. 4 35 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. November, December. 1922 CUMULATIVE TOTAL THROUGH LATEST MONTH. Corresponding month, November or December, 1921. INDEX NUMBERS. Percentage increase 1921 1922 or decrease cumulative 1922 from 1921. BASE YEAR OR 1921 Percentage increase 1922 or decrease PERIOD. Nov. Dec. Sept. Oct. Nov. Dec. Dec! from Nov. FOODSTUFFS. Wheat. Exports, including flour thous. of bushs. Visible supply thous. of bushs. Receipts, principal markets, .thous. of bushs. Shipments, principal markets, thous. of bushs. Wheat flour: Production thous. of bbls. Consumption. thous. of bbls. Stocks thous. of bbls. Prices: No. 1, northern, Chicago...dolls, per bush. No. 2, red winter, Chicago..dolls, per bush. Flour, standard patents, Minneapolis dolls, per bbl. Flour, winter straights, Kansas City .dolls, per bbl. Corn. 17,579 127, 409 42,493 27,300 16,428 136,893 45,331 24,280 15,014 135,823 23,975 13,634 355,706 232,040 436,423 291,817 420,112 - 3 . 7 277,286 5.0 13,424 11, 708 9,100 11,044 10,991 7,700 8,856 9,365 7,776 121,225 102,836 125.004 + 111,394 + 1.228 1.273 1.274 1.325 6.713 Exports, including meal thous. of bushs. Visible supply thous. of bushs. Receipts, principal markets...thous. of bushs. Shipments, principal markets, thous. of bushs. Grindings(starch and glucose), thous. of bushs. Prices, contract, grades, No. 2, Chicago dolls, per bush. -34.8 1913 1913 1919 1919 163 260 81 98 126 264 76 68 267 154 183 161 211 255 153 141 148 248 135 137 138 266 144 122 1913 1919 1919 105 125 98 91 115 82 129 136 88 140 141 94 138 144 96 114 - 17.1 135 - 6.1 82 - 15.4 1.254 1.177 1913 1913 134 119 137 119 124 109 129 134 129 140 + 3.7 134 + 4.1 6.775 6.881 1913 .156 150 138 140 146 148 5.706 5.860 5. 860 1913 153 152 139 149 148 152 7,722 12,846 23,925 14,206 6,403 4,944 18.236 37,466 13.991 4,557 10,488 27,109 39,723 17,403 6,001 1913 1913 1919 1919 1913 106 217 103 144 147 248 323 265 197 143 231 166 235 216 146 244 124 217 263 161 183 153 160 161 153 117 217 250 158 109 .722 .734 23,375 32,940 3,356 20,955 32,391 915 13,420 67,728 573 .445 .459 .364 4,104 1,563 4,215 762 1,704 830 3.6 8.3 + + - + 6.5 7.4 6.7 11.1 1.0 + 2.3 131,965 166.022 + 25.8 340,903 227,398 58,504 393,773 + 15.5 258.621 + 13.7 66,794 + 14.2 .482 ! 1913 - 36.0 42.0 + 56.6 - 1.5 - 28.8 116 117 + 1.7 113 189 111 101 - 10.4 186 - 1.7 30 - 72.7 Other Grains. Oats: Receipts, principal markets thous. of bushs. Visible supply thous. of bushs. Exports, including meal, .thous. of bushs. Prices, contract grades, Chicago dolls, per bush. Barley: Receipts, principal markets thous. of bushs. Exports thous. of bushs. Price, fair to good, malting, Chicago dolls, per bush. RyeReceipts, principal markets thous. of bushs. Exports, including flour, .thous. of bushs. Price, No. 2, Chicago dolls, per bush. .678 204,555 228,760 + 11.8 8,375 35,749 +326.9 1913 1913 1913 52 397 11 1913 39,852 25,833 40,408 18,433 + 1.4 -28.6 .548 1913 1913 7,121 3,785 .890 2,346 1,975 .858 30,875 30,147 35,704 26,834 28,880 552,026 53,076 50,721 42,032 1,780 128,721 1,272 94,032 885 75,956 9,555 1,149,106 43,651 41,732 27,782 200,366 39,883 232,594 34,346 125,845. 35,917 64.231 +108.0 47,822 + 58.6 108 207 161 115 204 123 97 102 115 56 251 201 45 107 88 94 106 108 110 + 1.0 181 926 608 605 550 - 9.1 23 172 1913 7,832 5,484 .868 65 389 19 122 + 3.1 47 + 2.7 52 - 51.2 1913 1913 1913 446 1,274 7,202 1,442 3,538 2,442 - 31.0 1913 132 135 112 122 136 140 + 2.5 139 295 213 172 129 Total Grains. Total grain exports,incl. flour.thous. of bushs. Car loadings of grain and grain products cars. Other Crops. Rice: Receipts at mills thous. of bbls. Shipments, total from mills, .thous. of lbs. Shipments, through New Orleans .thous. of lbs. Stocks, end of m o n t h Domestic, at mills and dealers thous. of lbs.. Exports thous. of lbs.. I 500,066 - 9.4 — 24.8 1919 97 108 132 134 136 130 - 4.4 10,052 + 5.2 957,568 - 16.7 1919 1919 140 122 145 124 149 129 314 233 292 210 209 - 28.5 154 - 26.9 381,776 330,429 - 13.4 1919 85 109 96 ! 156 171 538,094 411,542 - 1919 1919 139 109 155 114 174 48 23.5 247 127 164 - 4.4 287 + 16.1 - 13.9 36 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin November. 1922 December, 1922 Corresponding month, November or December, CUMULATIVE TOTAL THROUGH LATEST MONTH. Percentage increase (_{_) or decrease cumulative INDEX NUMBERS. age BASE YEAR OR PERIOD. 1922 from 1921. 1921 1922 96,498 218,466 23,183 90,005 92,815 239,801 25,990 70,026 — 3.8 23,192 10,639 4,874 12,431 173,472 + + + + 17.2 23.7 39.1 12.2 - 5.2 1919 1919 1919 1919 1913 4,582,217 + 10 4,437,049 + 9.3 1919 1913 1919 Increase 1922 Nov. Dec. 1921 1921. Percent- or decrease (—), Sept. Oct. Nov. Dec. from Nov. FOODSTUFFS—Continued. Other Crops—Continued. Apples: Cold-storage holdings (1st of following month) thous. of bbls.. Car-lot shipments carloads.. Potatoes, car-lot shipments carloads.. Onions, car-lot shipments carloads.. Citrus fruit, car-lot shipments carloads.. 6,743 18,740 19,547 2,018 7,101 6,376 8,229 11,589 1,526 9,914 5,429 5,991 10,496 1,148 9,126 2,427 Receipts, primary markets thousnads.. 1,345 Shipments, primary markets thousands.. 710 Shipments, stocker and feeder thousands.. 1,138 Slaughter thousands.. Exports of beef products thous. of lbs.. 14,568 Cold-storage holdings of beef (1st of following month) thous. of lbs.. o95,628 Inspected slaughter production, .thous. of lbs.. 458,501 Apparent consumption thous. of lbs.. 416,119 Prices, Chicago: 10.50 Cattle, corn-fed dolls, per 100 lbs.. 15.50 Beef, fresh native steers. .dolls, per 100 lbs.. 14.00 Beef, steer rounds, No. 2.dolls, per 100 lbs.. 1,825 1,417 847 357 682 + 9.8 + 12.1 - 22.2 1919 1919 1919 1919 1919 313 84 88 205 111 70 72 66 159 251 169 35 69 76 116 139 113 82 74 56 65 136 97 102 331 213 318 431 387 225 276 132 269 84 116 132 143 118 150 161 — 5.4 — 56.1 77 - 40.7 88 — 24.4 367 121 184 + 39.6 Cattle and Beef. Hogs and Pork. Receipts, primary markets thousands.. Shipments, primary markets thousands.. Shipments, stocker and feeder thousands.. Slaughter thousands.. Exports, pork products thous. of lbs.. Inspected slaughter production, .thous. of lbs.. Apparent consumption thous. of lbs.. Cold-storage holdings, pork products (1st of following month) thous. of lbs.. Prices: Hogs, heavy, Chicago.. .dolls, per 100 lbs.. Pork,loins,fresh,Chicago.dolls, per 100 lbs.. 4,421 1,501 994 245 742 10,780 9,420 19,787 8,598 3,505 11,078 182,989 116,222 84,808 392,487 370,210 4,138,907 4,058,406 10.58 15.50 13.90 8.22 16.40 10.80 5,004 1,657 o3,931 1,775 1913 1913 1913 41,098 14,734 44,067 + 15,325 + 94 112 69 89 95 81 87 79 - 24.8 37.0 49.7 12.7 26.0 48 + 21.5 176 192 114 97 100 107 98 28 141 102 40 134 93 120 120 107 123 124 120 107 120 106 - 33 35 114 83 99 74 101 •133 97 127 87 83 126 120 114 22 131 105 82 99 118 134 148 47 97 126 73 139 + 13.2 + 10.4 44 109 65 61 - 16.4 1919 1913 1919 1919 93 110 84 130 133 76 146 101 93 153 113 115 152 133 190 + 15.2 + 25.3 168 196 196 146 201 4- 36.1 + 55 46 35 498 591 2,918 124,574 706,118 561,360 3,362 156,067 «2,147 106,440 567,622 489,336 26,332 1,659,696 6,098,265 4,733,490 28,741 1,487,090 6,564,286 5,244,378 o452,005 615,017 462,637 1919 44 51 61 47 50 67 8.244 18.50 8.256 15.20 6.744 14.10 1913 1913 82 121 81 95 110 191 112 173 99 125 99 102 2,288 1,465 1,516 1,664 881 202 804 1919 1919 1919 1919 1913 91 90 88 94 77 73 73 35 99 103 101 121 131 76 66 91 96 72 146 181 197 67 708 256 821 101 72 84 67 + 7.6 + 10.8 0.7 99 1919 1919 1919 - 10.4 0.8 0.0 109 44 7.2 4.0 + 18.7 9.1 + 118 175 + 0.1 - 17.8 Sheep and Mutton. Receipts, primary markets thousands.. Shipments, primary markets thousands. Shipments, stocker and feeder thousands.. Slaughter thousands.. Inspected slaughter production. - thous. of lbs.. Cold-storage holdings, lamb and mutton (1st of following month) thous. of lbs.. Prices: Sheep, ewes, Chicago dolls, per 100 lbs.. Sheep, lambs, Chicago.. .dolls, per 100 lbs.. 757 881 35,156 40,149 24,169 11,332 3,099 12,859 459,045 22,302 11,624 4,148 10,675 383,190 - 7.7 + 2.6 + 33.8 — 17.0 — 16.5 - 33.7 - 51.7 - 66.2 78 — 6.8 59 44 a3,633 4,528 6,444 1919 89 77 41 41 43 54 + 24.6 6.438 14.050 6.219 14.869 3.781 10.500 1913 1913 59 112 81 135 105 167 114 173 137 133 180 191 — 3.4 + 5.8 Fish. Total catch thous. of lbs.. 13,715 Cold-storage holdings, 15th of mo.thous. of lbs.. o54,503 Poultry. 9,505 48,151 9,065 o59,126 163,294 1919 1919 59 52 79 55 - 30.7 96 102 67 101 99 89 88 78 — 11.7 73,458 62,124 257,773 1919 241 314 87 109 228 371 4- 62.6 100,122 103,697 1919 98 156 39 45 78 150 + 93.3 12,004 9,850 22,238 28Q,678 187,499 - 35.3 1919 26 1 31 15 23 17 14 - 17.9 38,678 16,107 38,475 13,749 37,172 11,237 81 83 34 81 69 45 84 538 1919 1919 1919 90 112 486 650,482 + 14.2 203,493 + 13.9 16,288 + 10.4 101 491 569,367 178,625 14,748 84 84 41 - 0.5 - 14.6 - 1.0 Receipts at five markets thous. of lbs.. 45,171 Cold-storage holdings (1st of following month) thous. of lbs.. a51,787 Dairy Products. Condensed and evaporated milk: Exports thous. of lbs.. Receipts at 5 markets: Butter thous. of lbs.. Cheese thous. of lbs.. Eggs thous. of cases.. Revised. 195,117 + 19.5 282,646 + 9.6 109 69 59 99 41 37 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. November, 1922 December, 1922 Corresponding month, November or December, 1921. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 1922 Percentage increase (+) or decrease (-) cumulative 1922 from 1921. INDEX NUMBERS. BASE YEAR OR 1921 Percentage increase 1922 (+) or decrease PERIOD. Nov. Sept. Oct. Nov. Dec. I Dec! from Nov. FOODSTUFFS—Continued. Dairy Products—Continued. Cold-storage holdings (1st of following month): Creamery butter thous. of lbs.. American cheese. thous. of lbs.. Case eggs thous. of cases.. Wholesale prices at 5 markets: Butter * dolls, per l b . . Cheese dolls, perlb.. Fluid milk: Receipts— Boston (incl. cream) thous. of q t s . . Greater New York thous. of cans.. ProductionMinneapolis thous. of qts.. o47, 773 «37,291 3,257 | 26,941 33,659 1,310 .494 j .249 j .526 .259 «48,412 ! 27,691 1916-20 1916-20 1916-20 116 92 65 .435 .206 1919 1919 76 71 171 133 215 131 110 155 85 100 48 | - 43.6 91 I - 9. 7 36 i - 59.8 73 69 70 79 83 + 6.5 84 + 4.0 14,097 2,133 14,243 2,154 13,484 | 2,012 I 169,395 j 25,700 i 179,438 4- 5.9 26,796 + 4.3 1919 1913 100 122 103 134 112 149 118 153 108 143 109 4- 1.0 144 4- 1.0 11,439 13,510 12,226 145,688 | 158,687 4- 8.9 1919 136 171 146 160 160 189 4- 18.1 37,912 309,274 69,185 <*3,893 45,824 227,333 44,828 2,671 1913 1919 1919 1909-13 231 82 245 78 65 573 1,077 11 96 189 436 15 283 200 234 95 72 132 1913 1913 1913 117 121 122 106 117 118 138 146 144 155 154 144 160 160 147 163 4- 1.8 162 4- 1.5 151 |4- 2.7 | 1919 1919 1919 31 76 150 47 72 142 27 66 53 19 59 14 59 26 |4-90.1 31 -46.8 7 - 8.4 77 110 123 72 44 108 70 51 104 67 - 3 . 5 52 4-2.0 10,723 j|- 16.0 1913 1913 1913 12,034 6,151 12,426 j|+ 3.3 5,989 ||- 2.6 1913 1913 116 199 96 110 154 212 119 6,759 50,861 6,893 | + 2.0 53,565 | + 5.3 1913 1913 97 , 73 327 ' 231 428 386,499 | 420,233 + 8.7 I il 515,353 430,880 ;- 16.4 8,543,676 11,476,006 I!+ 34.3 891,050 499,209 \\- 44.0 1913 Sugar. Receipts, Louisiana crop long tons.. Meltings, raw long tons.. Stocks, raw, end of month long tons:. Exports, refined long tons.. Prices: Wholesale, 96° centrifugal, N. Y dolls.perlb.. Wholesale, refined, N. Y dolls, per l b . . Retail, average 51 cities index number.. Cuban movement: Receipts at Cuban ports long tons.. Exports long tons.. Stocks long tons.. .056 .068 46,013 191,160 49,495 .057 I .069 I 87, 489 101,760 45, 349 39,675 105,747 110,828 + 4.8 254,135 j 3,598,693 5,083,902 + 41.3 62,419 31,817 416,872 820,095 + 96.7 .037 ! .050 ! 156,660 j 3,775,946 3,949,937 jj+ 4.6 233,838 [ 3,716,967 4,026,227 ] + 8.3 913,486 + 20.9 70 jj_ 26.5 47 | - 35.2 90 ! - 31.4 Coffee. Visible supply (1st of following month): World thous. of bags.. United States thous. of bags.. Receipts, total, Brazil thous. of bags.. Clearances: Total, Brazil, for world thous. of bags.. Total, Brazil, for U. S thous. of bags.. 8,242 957 I 993 I 7,953 976 993 9,263 1,616 1,171 1,175 738 959 481 679 4,524 561 3,545 464 3,000 33,838 26,361 39,787 856,247 58,241 36,955 849,188 70,560 25,035 i ! 38,772 | 818,752 ! 80,352 | 27.50 27.50 993 383 1,457 1,068 347 1,491 952 I 433 1 12,773 79 85 109 104 0.0 97 - 18.4 — 34.8 TOBACCO. Production (tax-paid withdrawals): Large cigars millions.. Small cigarettes millions.. Manufactured tobacco and snuff thous. of lbs.. Exports: Unmanufactured leaf thous. of lbs.. Cigarettes thousands.. Sales at loose-leaf warehouses thous. of lbs.. Price, wholesale, Burley, good leaf, dark red, Louisville dolls, per 100 lbs.. Stocks (reported quarterly): Chewing, smoking, snuff, export mills, of lbs.. Cigar tobacco mills, of lbs.. Total, including imported mills, of lbs.. a Revised. 27.50 83 ! 68 100 1909-13 93 124 I 432 424 1913 1919 139 98 105 594 64 347 561 102 1913 i 208 ; 208 208 208 1913 1913 1913 ! 140 145 123 |.... 91 85 103 !.... i 125 i 127 118 j.... 108 349 273 - 21.6 91 71 - 22,1 127 443 118 - 7 . 1 439 - 0.8 4- 21.2 208 208 - 17.4 0.0 132 4- 7.6 94 - 9.4 121 4- 2.3 38 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. November, 1922 December. 1922 Corresponding month, November or December, 1921. CUMULATIVE TOTAL (+) or decrease THROUGH LATEST MONTH. (-) 1921 INDEX NUMBERS. Percentage increase 1922 cumulative 1922 from 1921. BASE YEAR OR 1921 Percent- 1922 ( ) or decrease PERIOD. Nov. Dec, Sept. I Oct. I Nov.; Dec. fronx Nov. TRANSPORTATION—WATER. Cargo Traffic. Panama Canal: In American vessels.. .thous. of long In British vessels thous. of long Total cargo traffic thous. of long Sault Ste. Marie Canal.. .thous. of short New York State canals., .thous. of short Mississippi River: Receipts at St. Louis short Shipments from St. Louis short Government barge line 4- 34.5 |+ 17.0 !+ 25.6 4- 36.9 4-26.0 1915 1915 1915 1913 1913 195 129 210 33 121 188 298 356 190 I 203 236 234 jj 279 355 10 || 110 113 1 7 ii 76 77 357 206 350 95 91 150,570 289,600 384,205 163,640 4- 8.7 195,760 - 32.4 558,313 4- 45.3 1913 1913 1919 685 388 •*» :| 74 658 ; 291 676 250 80 119 276 87 316 170 31 ;|— 64.0 425 i 4- 34.5 247 72 118 217 239 106 289 89 142 272 83 133 209 — 23.1 78 — 5.9 113 — 15.2 195 1 244 106 145 137 276 87 139 171 — 38.1 82 - 5.6 107 - 23.5 32.4 \ 27.0 27.2 \ 23.4 25.3 22.7 28.0 24.0 27.1 - 3.2 24.4 4- 1.7 tons.. tons.. tons.. tons.. tons.. 4,219 3,085 9,694 48,258 1,458 tons.. tons.. tons.. 5,676 3,610 12,175 66,068 1,837 18 — 80.6 Vessels in Foreign Trade. Entered in U. S. ports: American Foreign Total Cleared from U. S. ports: American Foreign Total thous. of net tons.. thous. of net tons.. thous. of net tons.. thous. of net tons.. thous. of net tons.. thous. of net tons.. 3,193 2,722 5,915 | 2,456 2,562 | 5,018 ; 2,553 2,306 4,859 31,099 31,078 62,178 31,632 J4- 1.7 65,080 4 - 4 . 7 1913 1913 1913 3,446 2,799 6,245 I 2,132 | 2,643 i 4,775 2,434 2,586 5,021 30,086 32,448 62,537 31,665 + 5.2 33,074 4- 1.9 64,739 4-3.5 1913 1913 1913 220 68 110 Jan., '20 Jan., '20 33.5 28.8 33,448 JJ4- 7.6 71 I 109 80 112 ; Index of Ocean Freight Rates. United States Atlantic ports t o United Kingdom, weighted index number.. All Europe weighted index number.. Snip Construction. Vessels under construction, thous. of gross tons.. New vessels completed.. .thous. of gross tons.. 257 28 1920 1919 28 18 26 13 191,707 221,614 470,516 1919 1919 1919 139 176 149 233 293 248 319 62 1,226 278 - 77.3 22 8 TRANSPORTATION—RAIL. Freight Cars. Surplus: Box number.. Coal number.. Total number.. Shortage: Box number.. Coal number.. Total number.. Bad order cars, total (1st of following month) number.. Car loadings (weekly average): Total cars., Grain and grain products cars. Livestock cars. Coal cars. Forest products cars. Ore cars. Merchandise and miscellaneous cars. Freight carried mills, of ton-miles. Railroad 1 (8) 1 None. 1 (8) 202 - 43.1 870 - 14.8 343 !- 38.0 193 166 150 143 !- 4.5 85 108 88 74 79 15 90 94 117 132 106 97 100 140 119 125 124 134 122 110 105 125 124 144 118 136 118 111 109 77 118 139 105 ji- 11.4 1 3 0 , - 4.4 102 j!- 13.3 163 154 167 192 86 172 113 201 169 196 225 98 156 144 230 157 216 236 142 156 131 220 147 205 225 132 38,397 36,525 82,927 24 37 110 1919 1919 1919 226,288 216,011 313,190 1913 212 208 947,373 53,076 38,853 195,890 61,813 28,987 556,176 38,046 838,948 50,721 33,669 188,255 56,979 9,522 486,882 42,032 29,100 130,297 44,752 5,470 424,479 29,222 1919 1919 1919 1919 1919 1919 1919 1913 94 97 96 87 86 21 99 107 1913 1913 1913 1913 1913 1913 1913 194 144 183 203 112 179 108 339,087 4- 6.3 +-4S9.3 •+ 80.2 4-167.8 2 2 350 479 355 927 1,126 1,020 741 539 553 67,468 42,848 133,786 319,052 5 3 107 ij- 3.9 1 0 0 ; - 7.8 25 !|- 67.2 103 I - 12.5 Operations. Revenue: Freight Passengers Total, operating Operating expense Net operating income Receipts per ton-mile Pullman passengers carried 5,062 2,026 ! 3,651 5,595 | 14,981 thous. of dolls. thous. of dolis. thous. of dolls. thous. of dolls. thous. of dolls. index number. thousands. 342,371 3,639,268 3,642,909 4- 0.1 977,579 - 8 . 2 82,638 1,065,335 465,933 5,147,878 5,103,677 - 0.9 368,087 4,252,357 4,054,703 - 4.6 566,282 693,212 4- 22.4 66,868 389,501 84,790 523,012 409,453 78,869 2,440 2,725 || 2,349 31,205 31,748 | 4- 1.7 8 Index number less than 1. 118 132 4- 11.7 39 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. Corresponding month, November or December, 1921. November, 1922 CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 INDEX NUMBERS. Percentage! increase' 1922 (+) or decrease (-) cumulative 1922 from 1921. BASE YEAR OR 1921 Percentage increase (+) or decrease 1922 FERIOD. Dec! Nov. Dec. Sept. Oct. i Nov. Dec. from Nov. LABOR. Number employed: New York State thousands.. Wisconsin index number.. Total pay roll: New York State thous. of dolls.. Wisconsin index number.. Average weekly earnings, Wisconsin index number.. Unemployment, Pennsylvania (1st of following month) number.. Employment agency operations: Workers registered number.. Jobs registered number.. Workers placed number.. Average applicants per job .number.. Immigration number.. Emigration number.. 5,570 i 540 14,061 28,398 209,490 188,323 149,962 1.11 66,130 17,279 14,460 |i 22,333 155,559 143,265 115,595 1.09 43,984 18,830 11,744 j 143,317 | 5,994 150,292 + 4.9 321,893 92,315 80,128 2.06 30,897 34,130 2,649,293 2,235,392 1,739,230 693,653 413,551 523,694 I - 24.5 - 41.4 242,307 99 | 107 110 110 111 95 » 1914 1915 94 »1914 9 1915 193 177 198 221 227 ! 237 243 •+ 179 ! 221 229 I 247 251 !+ io 1915 188 190 200 1921 102 122 21 113 116 115 + 1.5 120 ! + 3.4 2.8 1.6 206 I 212 209 i - 21.4 11 h |;-25.7 1921 1921 1921 1921 1913 1913 97 92 98 105 38 58 112 94 205 79 190 85 54 119 26 67 ' 1913 1913 92 110 109 110 110 118 j 123 + 4.2 105 I 104 j - 1.0 1913 1913 1913 1913 121 139 180 197 120 136 180 199 133 138 183 244 138 140 188 226 143 143 192 218 145 144 194 216 1913 1913 1913 114 163 129 113 158 127 134 180 124 135 183 124 133 185 127 131 - 1.5 0.0 185 130 + 2.4 1913 1913 1913 178 119 141 178 121 140 173 116 153 176 120 154 179 122 156 182 122 156 1.7 0.0 0.0 1913 1913 1913 1913 1913 1913 1913 1913 137 130 103 175 178 125 153 141 137 130 103 169 179 125 151 140 168 136 132 199 236 132 150 153 166 147 132 204 218 135 152 154 166 160 129 207 209 136 155 156 167 161 128 211 208 135 157 156 0.6 0.6 0.8 1.9 0.5 0.7 1.3 0.0 1913 1913 1913 108 143 145 111 141 142 128 157 164 135 163 165 137 173 164 138 + 174 + 164 0.7 0.6 0.0 1913 136 136 145 151 153 153 I 0.0 1913 1913 123 152 123 150 136 140 145 143 150 145 149 |i- 0.7 147 ;;+ 1.4 1913 1913 1913 1913 11192 "160 U 181 150 184 161 181 140 171 161 184 120 ' 104 212 | 161 199 159 56 64 60 56J 35 34 77 123 - 23.7 122 - 22.9 - 0.9 37 - 33.5 37 + 9.0 PRICE INDEX NUMBERS. Farm prices: ' Crops (15th of month) index number.. Live stock(15th of month).index number.. Wholesale prices: Department of Labor— Farm products index number.. Food, etc index number.. Cloths and clothing index number.. Fuel and lighting index number.. Metals and metal products index number.. Building material index number.. Chemicals and drugs, .index number.. H ouse-furnishing goods index number.. Miscellaneous index number.. All commodities index number.. Fed. Reserve Board (Dept. Labor prices)— Total raw products index number.. Agricultural index number.. Animal index number.. Forest index number.. Mineral index number.. Producer's goods index number.. Consumer's goods index number.. All commodities index number.. Federal Reserve Board I n d e x Goods imported index number.. Goods exported index number.. All commodities index number.. Dun's (1st of following month) index number.. Bradstreet's (1st of following month) index number.. Retail prices, food index number.. Cost of living: Bureau of Labor Statistics (quarterly)— Food index number.. Clothing index number.. Housing index number.. Fuel and light index number.. Furniture and house furnishings index number.. Miscellaneous index number.. Total index number.. » First quarter of year. 1913 1913 1913 o Nine months' average, April to December, inclusive. H225 218 203 H208 207 201 "177 174 166# 11 Quarter ending September 30. 147 172 162 186 + 1.4 + 0.7 + 1.0 !- 0.9 + + + 1+ 4.9 0.1 0.5 1.4 208 |+ 2.6 201 ! - 0.3 170 !+ 1.9 40 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. November, 1922 December, Corresponding month, November or December, 1921. I N D E X NUMBERS. Percentage increase CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 1922 Percentage increase (+) or decrease (-) cumulative BASE YEAR OR 1921 1922 j or decrease PERIOD. 1922 from 1921. Nov. Dec. Dec! from Nov. Sept. Oct. Nov. Dec. PRICE INDEX NUMBERS—Con. Cost of living—Continued. National Industrial Conference B o a r d Food index number. Shelter index number. Clothing index number. Fuel and light index number. Sundries index number. All items weighted index number. Foreign wholesale prices: United K i n g d o m British Board of Trade, index number. London Economist index number. U. S. Fed. Res. Board.index number. FranceGeneral Stat. Bureau..index number. U. S. Fed. Res. Board.index number. Italy (Bachi) index number. Sweden index number. Switzerland index number. CanadaCan. Dept. of Labor.. .index number. U. S. Fed. Res. Board.index number. Australia index number. India (Calcutta) index number. JapanBank of Japan index number. U. S. Fed. Res. Board.index number. Jy., '14 Jy., '14 Jy-, ' H Jy., '14 153 169 161 179 178 163 1913 1913 1913 176 166 177 171 162 172 157 156 165 1913 1913 1913 1913 1914 332 292 595 174 182 326 287 595 172 178 329 337 293 ! 293 582 601 158 155 163 i 163 I 1913 1913 1914 1914 168 145 151 180 170 145 148 180 163 144 158 176 162 | 1J54 145 | 147 159 I 162 177 178 1913 1913 214 197 209 193 193 176 190 171 1.4 140 165 155 187 172 156 143 165 157 187 172 157 145 167 160 186 171 158 147 167 156 187 171 159 0.0 1.5 0.5 0.0 0.6 155 158 163 157 159 165 158 165 i 0.6 0.0 362 j + 2.8 352 306 596 154 580 | - 2.7 155 ; + 0.6 170 j + 0.6 0.0 188 DISTRIBUTION MOVEMENT. Mail-order houses, total sales.. .thous. of dolls.. j Sears, Roebuck & Co thous. of dolls.. Montgomery Ward & Co.. .thous. of dolls.. Chain stores, total sales c thous. of dolls.. F. W. Woolworth Co thous. of dolls.. S. S. KresgeCo thous. of dolls.. McCrory Stores Corp thous. of dolls.. S. H. Kress & Co thous. of dolls.. J. C. Penney Co thous. of dolls.. United Cigar Stores Co thous. of dolls.. Owl Drug Co thous. of dolls.. Music (4 chains) index number.. Grocery (17chains) index number.. Drug (7 chains) index number.. Cigar (3 chains) index number..! Shoe (5chains) index number..! Total department-store sales j (176 stores) index number..' Wholesale trade, Federal reserve districts: PhiladelphiaGroceries index number. Hardware index number, RichmondGroceries index number. Dry goods index number Hardware index number AtlantaGroceries index number. Dry goods index number. Hardware index number. 31,201 \ 32,379 20,197 11,004 25,314 14,834 6,313 1,585 2,582 5,717 6,025 820 20,756 11,623 46,415 27,455 10,515 2,968 5,477 6,297 8,385 1,203 24,506 17,081 7,425 40,062 24,191 8,686 2,430 4,755 4,938 7,613 1,108 254,469 178,013 75,955 246,691 147,628 55,866 14,246 28,910 46,641 76,071 10,551 275,633 182,165 92,468 280,271 167,304 65,191 17,125 30,651 49,036 72,944 10,824 + + + 4+ + + + 8.3 2.3 21.7 13.6 13.3 16.7 20.2 6.0 5.1 - 4.1 + 2.6 il f I 1913 1913 1913 1913 1913 1913 1913 1913 1913 1913 1913 1919 1919 1919 1919 1919 190 277 211 217 287 |+ 3.8 180 254 250 203 214 261 I,4" 2.8 214 332 311 229 224 351 + 5.6 284 326 318 273 503 582 + 83.4 286 245 269 237 438 497 + 85.1 545 491 571 461 786 952 :',+ 66.6 319 308 352 268 540 660 ;;+ 87.2 311 257 288 266 530 610 1+112.1 2,220 2,245 ;2,160 2,696 2,599 2,862 ' + 10.1 260 | 246 244 245 309 340 ::+ 39.2 274 i 335 252 261 331 370 • :+ 46.7 121 118 119 107 173 204 + 68.6 159 138 146 133 144 166 i!+ 4.4 122 133 115 146 128 161 + 32.0 127 127 125 173 135 179 ; + 40.9 122 121 119 150 118 165 + 35.2 1919 121 1920-21 1920-21 91 103 131 95 104 1920-21 1920-21 1920-21 95 110 95 103 95 90 93 89 ' - 9.2 62 ; - 31.1 77 - 17.2 i 1920-21 1920-21 1920-21 87 ! 95 135 I 138 105 | 117 94 111 109 87 i - 7.4 72 - 35.1 109 - 0.0 127 188 + 48.0 9 1 •'- 8.1 95 ! ' - 4.0 I; « Includes F. W. Woolworth, S. S. Kresge, McCrory Stores Corp., and S. H. Kress only 41 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. November, 1922 December, Corresponding month, November or December, 1921. INDEX NUMBERS. Percentage increase CUMULATIVE TOTAL THROUGH LATEST MONTH. ( v or decrease BASE YEAR OR 1921 Percentage increase 1922 or decrease PERIOD. (-) 1921 1922 cumulative 1922 from 1921. Nov. Dec. Sept. Oct. Nov. Dec. Dec! from Nov. DISTRIBUTION MOVEMENT—Con. Wholesale trade, Federal Reserve districtsContinued— Kansas C i t y Groceries index number.. Hardware index number.. DallasGroceries index number.. Dry goods index number.. Hardware index number.. San FranciscoGroceries index number.. Dry goods index number.. Hardware index number.. American Wholesale Corp., total sales thous. of dolls.. Magazine advertising (for following month) thous. of lines. Newspaper advertising thous. of lines.. Postal receipts thous. of dolls.. Candy sales by manufacturers, .thous. of dolls.. Internal revenue taxes collected on theater admissions thous. of dolls.. 1920-21 1920-21 106 99 89 82 Ill 111 119 111 Ill 101 96 - 13.5 103 + 2.0 1920-21 1920-21 1920-21 75 70 88 71 40 80 102 106 99 108 104 103 94 74 92 84 - 10.6 42 - 43.2 78 - 15.2 1920-21 1920-21 1920-21 91 60 86 77 44 78 103 87 106 119 80 108 109 82 103 85 - 22.0 53 - 35.4 93 - 9.7 34,854 30,028 - 13.8 1913 198 134 202 237 202 136 - 32.8 1,399 100,601 29,150 43,693 1,112 94,611 1,039,926 26,727 249,108 39,798 332,481 1,089,508 + 4.8 274,481 + 10.2 366,455 + 10.2 1913 1919 1919 1920 116 112 119 82 91 113 145 100 156 105 124 63 153 126 135 86 148 120 135 86 114 - 23.0 120 0.0 159 + 17.5 110 + 28.5 6,825 82,701 67,235 - 18.7 1920 97 92 66 74 76 94 + 24.4 1919 93 92 89 90 90 89 - 1.0 94 94 98 93 324 1,227 570 580 85 200 754 535 84 151 499 723 84 157 376 327 - 4.3 141 - iao 773 + 105.4 510 + 55.6 2,763 1,856 1,817 100, 616 24,812 33,990 5,485 1,831 PUBLIC FINANCE. U. S. interest-bearing debt mills, of dolls... Liberty and Victory Loans and War Saving securities mills, of dolls.. Customs receipts thous. of dolls.. Ordinary receipts thous. of dolls.. Ordinary disbursements thous. of dolls.. Money held outside U. S. Treas. and Federal Reserve System: Total mills, of dolls.. Per capita dollars.. 22,476 23,189 17,336 41,647 226,974 186,322 16,584 37,502 466,273 289,944 19,408 26,155 313,914 740,293 4,971,877 329, 766 4,445,821 4,617 41.80 4,733 42.81 4,553 41.85 19,027 17,098 20,851 19,558 20,575 17,554 207,095 190,973 17,332 14,169 18,899 14,938 18,476 12,926 194,331 146,543 650 564 2,330 3,203 1,860 76.4 630 704 2,464 3,149 1,900 72.1 11,219 4,543 11,095 4.90 4.38 458,359 + 46.0 3,665,692 - 26.3 3,162,931 - 28.9 1919 1913 1913 1913 1919 1919 94 92 93 91 92 89 93 90 94 91 96 + 2.5 93 + 2.4 239,854 + 15.8 203,245 + 6.4 1919 1919 86 85 101 100 94 94 110 105 94 98 102 + 9.6 112 + 14.4 217,900 + 12.1 157,625 + 7.6 1913 1913 213 215 234 225 219 233 249 267 220 246 240 + 260 1,180 356 2,443 2,992 1,765 71.1 1919 1919 1919 1919 1919 1919 61 47 90 137 90 145 61 60 93 137 91 142 22 117 86 146 95 156 24 113 88 147 95 155 34 95 89 146 96 152 33 119 94 144 98 144 11,329 4,823 11,255 11,220 3,560 10,174 1921 1921 1919 95 102 97 94 106 96 92 133 105 94 135 106 94 135 105 95 + 143 + 106 + 4.73 4.63 5.10 5.13 1913 1913 159 90 160 89 141 72 157 76 154 76 149 - 3.2 + 5.3 BANKING AND FINANCE. Banking. Debits to individual accounts: New York City mills, of dolls. Outside New York City mills, of dolls.. Bank clearings: New York City mills, of dolls.. Outside New York City mills, of dolls.. P'ederal Reserve Banks: Bills discounted mills, of dolls.. Total investments mills, of dolls.. Notes in circulation mills, of dolls., Total reserves mills, of dolls. Total deposits mills, of dolls. Reserve ratio per cent. Federal Reserve member banks: Total loans and discounts, .mills, of dolls. Total investments mills, of dolls. Net demand deposits mills of dolls.. Interest rates: New York call loans per cent. Commercial paper, 60-90 days, .per cent.. 9.0 5.4 3.1 + 24.8 + 5.8 - 1.7 2.2 - 5.3 1.0 6.2 1.4 42 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. November. 1922 December. 192$ Corresponding month, November or December, 1921. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 1922 INDEX NUMBERS. Percentage increase { V ordecumulative 1922 from 1921. BASE YEAR OR 1921 1922 PERIOD. Nov. Dec. Sept. Oct. Nov. Dec. or decrease (-), Dec. from Nov. BANKING AND FINANCE—Continued. Banking— Continued. Saving deposits (balance to credit of depositors): Boston Federal Reserve district thous. of dolls.. 1,116,546 1,130,998 1,069,106 New York Federal Reserve district thous. of dolls . . 1,746,127 1,807,550 1,704,986 Philadelphia Federal 421,274 436,122 Reserve district thous. of dolls.. 419,046 Cleveland Federal Reserve 378,702 407,761 district thous. of dolls.. 393,214 Richmond Federal Reserve 250,878 278,891 district thous. of dolls.. 276,936 Chicago Federal Reserve 779,265 827,490 district thous. of dolls.. 805,640 San Francisco Federal 831,018 733,220 Reserve district thous. of dolls.. 796,128 132,282 146,500 U . S . Postal Savings thous. of dolls.. 133,103 Life Insurance. Policies, new: Ordinary thous. of policies.. 155 Industrial thous. of policies.. 611 Group number of policies.. 61 Total insurance thous. of policies.. j 766 Amount of new insurance: • Ordinary thous. of dohs.. j 389,367 Industrial thous. of dolls..! 125,960 Group thous. of dolls..! 16,524 Total insurance thous. of dolls..! 531,852 185 653 406 839 166 662 210 828 507,436 137,707 65,730 710,873 417,621 126,646 25,388 569,655 1,814 58,069 2,444 87,502 459,510 361,925 49,800 12,510 3,260 65,570 9,323 48,550 12,450 3,150 64,150 4,967 542,402 284,020 71,641 923,583 92,708 433,200 318,335 71,780 4,763 813,901 1,870 6,987 961 8,857 1920 102 103 107 108 108 109 1920 108 111 114 114 114 118 + 3.5 1920 105 108 108 108 108 112 + 4.1 1920 109 110 111 113 114 118 + 3.7 1920 111 111 123 123 124 + 0.7 1920 101 102 104 105 108 + 2.7 1920 1913 106 372 109 116 117 + 4.4 338 336 118 335 123 369 333 - 0.6 103 1.3 1.0 5.9 57.0 4.3 1913 1913 1913 1913 + 9.3 4- 12.8 + 151.4 + 12.2 1913 1913 1913 1913 244 317 257 210 244 187 232 1,757 1,162 234 245 308 23,676 + 20.5 623,895 - 0.6 1913 1913 149 235 183 385 117 162 128 152 130 177 256 1913 204 244 241 174 218 310 + 42.6 - 4.3 - 1.0 - 1.9 - 2.4 + 9.6 1913 1913 1913 1913 1913 69 124 108 90 51 126 50 64 92 40 97 60 62 79 61 155 93 176 131 75 70 124 108 2,634,869 3,419,739 + 29.8 1913 187 232 201 124 159 316 + 99.0 313,746 51,075 618,572 1,420,616 762,037 7,959,121 1,256,764 - 11.5 365,189 - 52.1 8,400,153 + 5.5 1913 1913 1913 381 115 214 921 350 219 157 211 + 34.4 127 108 150 116 12 - 9.8 359 377 378 469 472 + 0.6 37,657 8,172 397,306 84,473 439,961 + 10.7 97,338 + 15.2 1913 287 312 1913 220 7,526 88,633 92,428 + 4.3 9,857 1,311 113,974 13,366 116,447 + 2.2 18,095 + 35.4 1,888 6,600 612 4,341,642 4,743,278 1,257,759 1,418,801 221,285 88,019 5,687,416 6,383,415 + + + 192 224 191 250 + 19.4 153 174 126 159 182 137 + 6.9 +565.6 185 + 9.5 169 385 + 30.3 265 + 9.3 243 996 1,144 4,549 +297.8 287 384 + 33.7 281 283 295 256 Business Finances. Business failures: Firms number.. j 1,737 Liabilities thous. of dolls..! 40,265 Dividend and interest payments ! (total) (for following month), .thous. of dolls. .\ 322,246 Dividend payments: j Industrial and miscellaneous ; corporations thous. of dolls.. j 26,820 Steam railroads thous. of dolls.. 30,650 Street railways thous. of dolls.. 5,320 Total« thous. of dolls.. 62,790 U. S. Steel Corp.'s earnings thous. of dolls.. 9,663 New capital issues: Corporations thous. of dolls.. 217,714 States and municipalitiesPermanent loans thous. of dolls.. 53,394 Temporary loans thous. of dolls.. 46,645 New incorporations thous. of dolls.. 808,720 Telephone earnings: Total operating revenue...thous. of dolls.. 41,691 Total operating income thous. of dolls.. 8,767 Telegraph earnings: Commercial telegraph tolls.thous. of dolls.. 8,678 Telegraph and cable operating revenue thous. of dolte.. 10,885 Operating income thous. of dolls.. 1,636 Credit conditions: Orders per ct. of total transactions.. 27.9 Indebtedness.per ct. of total transactions.. 45.5 Payments per ct. of total transactions.. 46.7 27.7 49.3 49.5 12 19,652 627,401 519,110 281,202 70,263 901,584 101,648 25.5 42.2 50.3 Includes bank dividends not separately shown. 90 85 245 319 273 317 172 1919 104 122 126 114 1919 1919 104 114 117 111 128 129 108 100 117 101 117 1916 1916 1916 93 107 105 109 112 90 91 136 + 4.4 + 44.2 + 94 + 82 ,- 85.7 59.2 38.7 4.4 3.5 236 85 - 1.0 + 8.5 90 + 5.9 100 127 43 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. November 1922 December. 1922 Corresponding month, November or December, 1921. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 INDEX NUMBERS. Percentage increase 1922 or decrease (-) cumulative 1922 from 1921. BASE YEAR OR 1921 Percentage in- 1922 or decrease PERIOD. Nov. Dec. Sept. Oct. Nov. Dec. from Nov. BANKING AND FINANCE—Continued. S t o c k s a n d Bonds. Stock prices, closing: 25 industrials, average... .dolls, per share., .dolls, per share.. 25 railroads, average Stocksales(N.Y. Stock thous. of shares.. Exchange) Bond sales: ..thous. of dolls.. Miscellaneous ..thous. of dolls.. Liberty-Victory ..thous. of dolls.. Total Bond prices: per ct. of par.. Highest-grade rails per ct. of par.. Second-grade rails perct. of par.. Public utility perct. of par.. Industrial Combined price index.. . . . p e r c t . of par.. Municipal bond yield (1st of following month) percent.. 109.08 61.71 81.73 63.46 20,780 19,692 17,622 181,457 177,670 106,317 283,987 219,342 106.09 89,420 270,877 84.68 70.52 69.28 73.79 74.10 84.82 4.18 4.16 70.29 68.91 74.38 74.11 54.40 188,880 408,222 172,009 258,650 • 50.4 1,388,237 2,483,380 + 78.9 2,077,554 1,637,304 — 21.2 3,465,791 4,120,684 + 18.9 182 187 + 74 - 2.8 2.8 371 300 284 - 5.2 285 283 254 249 - 2.1 38 69 38 132 95 118 45 + 18.9 92 + 4.8 91 99 96 94 99 97 93 0.0 0.0 93 - 1 . 1 105 0.0 97 0.0 1913 1913 136 65 140 184 191 66 83 83 1919 221 255 314 1919 1919 1919 257 265 93 129 81.62 67.59 59.12 54.22 64.10 1915 1915 1915 1915 1915 4.38 1915 101 87 77 97 96 94 79 108 107 105 81 101 99 97 98 92 93 94 93 93 - 1.1 185 + 25 - 0.2 2.6 1.4 4.9 Corporation S t o c k h o l d e r s . ( The following figures are quarterly.) Pennsylvania Railroad Co.: Domestic number.. U134;279 Foreign number.. "2,851 U. S. Steel Corp., common stock: Domestic number.. "94,789 Foreign number.. 111,384 Sharesheld by brokers per cent of total. H25.05 American Telephone and Telegraph Co.: Domestic number.. H228,592 Foreign number.. H2,309 138,847 2,852 1913 1913 "190 191 185 2,820 1112 26 25 92,281 106,061 256 229 1,379 "89 90 91 26.28 21.44 1913 1913 1913 ii 254 1,365 "42 42 49 223 51 244,893 137,901 1,547 1913 1913 " 325 u 206 345 2,430 430 222 460 + 233 + 7.1 5.2 104,708 82,901 90,388 61 60 81 71 56 - 20.8 790 682 93 102 106 104 18,308 26,440 31,666 596 461 393 345 3,431 2,710 2,162 1913 1913 1913 1913 67 764 28 18 230 45 4,870 5,855 6,599 .652 32.066 5,052 3,897 7,848 5,516 7,145 .638 .658 31.383 35.645 68 198 92 114 141 70 185 137 110 129 213 71 116 128 93 132 6,913 1913 1913 1913 1913 1913 87 196 126 109 116 91 263 132 107 114 + 3.7 + 34.0 + 4.8 2.1 - 2.1 92 95 37 26 34 .06 99 101 + 2.9 + 4.3 + 11.1 + 3.1 0.0 + 1.3 + 0.4 134,609 209 1.1 Gold a n d Silver. Gold: Domesticreceiptsatmint fineounces.. Rand output thous. of ounces.. Imports thous. of dolls.. Exports thous. of dolls.. Silver: Production thous. of fine oz.. Imports thous. of dolls.. Exports thous. of dolls.. Price at New York dolls, per fine oz.. Price at London pence per standard oz.. 962,200 1,035,768 + 7.6 8,115 7,027 - 13.4 691,248 275,170 — 60.2 23,893 36,877 + 54.3 53,727 63,242 51,577 55,470 + 3.2 70,807 + 12.0 62,807 + 21.8 62 114 125 108 + 3.4 498 + 44.4 35 - 21.0 FOREIGN EXCHANGE RATES. Europe: England France Italy Belgium Germany Netherlands Sweden Switzerland Asia: Japan India ..dolls, per £ sterling..! dolls, per franc..' dolls, per lire.. 1 dolls, per franc.. dolls, per mark.. j dolls, per guilder, .j dolls, per krone.. dolls, per franc. dolls, per yen... dolls, per rupee... 4.48 .069 .045 .064 0001 .393 .268 .184 4.61 .072 .050 .066 .0001 .398 .269 .189 4.16 .078 .044 .075 .005 .363 .245 .194 Par Par Par Par Par Par Par Par val. val. val. val. val. val. val. val. .484 .295 .489 .306 .479 .274 Par val. Par val. i Quarter ending September 30. 40 36 23 23 39 33 2 .06 91 98 91 100 101 96 97 + 56 61 62 + + 2.7 1.0 3.7 44 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed tables covering all items are given in this number. Consult index at end of bulletin. November, December. 1924 Corresponding month, November or December, 1921. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 I N D E X NUMBERS. Percentage increase 1922 or decrease cumulative 1922 from 1921. 1921 BASE YEAR OR Percentage increase 1922 or decrease PERIOD. Nov. Dec. Sept. Oct. Nov. Dec. from Nov. FOREIGN EXCHANGE RATES-Con. Americas: Canada dolls, per Can. doll.. Argentina dolls, per gold peso.. Brazil dolls, per milreis.. Chile dolls, per paper peso.. General index of foreign exchange index number.. 1.000 .822 .119 .124 .994 .856 .119 .124 Par Par Par Par .928 .748 .127 .108 val. val. val. val. 100 84 39 70 Par val. 100 84 35 70 100 85 37 63 67 67 99 + 0.6 4.1 0.0 0.0 70 + 4.5 U. S. FOREIGN TRADE." Exports by Grand Divisions. Europe: Total France Germany Italy United Kingdom North America: Total Canada South America: Total Argentina Asia and Oceania: Total Japan Africa, total Grand total 154,961 2,363,898 2,083,408 - 11.9 266,965 4- 18.7 224,939 17,249 316,114 - 15.1 372,326 21,786 150,896 - 26.6 205,462 15,001 942,115 855,880 - 9.2 69,105 1913 1913 1913 1913 1913 122 150 83 202 123 124 134 74 229 140 132 172 74 193 144 165 236 99 296 170 173 249 93 272 182 149 195 84 244 163 - 13.5 21.5 9.7 10.2 10.4 1,129,578 593,676 915,749 - i8.9 576,684 - 2.9 1913 1913 143 123 124 105 168 165 178 174 173 167 170 157 - 1.8 5.6 16,205 7,237 273,325 110,835 226,063 - 17.3 95,542 - 13.8 1913 1913 109 111 133 158 169 196 164 194 183 184 181 215 46,517 20,237 3,792 344,425 58,807 30,718 4,010 296,198 645,382 235,425 72,848 4,485,131 551,110 218,510 55,774 3,831,932 - 14.6 7.2 - 23.4 - 14.6 1913 1913 1913 1913 296 502 202 142 340 590 166 143 224 241 209 151 296 416 178 179 286 412 228 184 - 6.2 - 5.7 157 - 30.9 166 - 9.4 95,600 45,501 30,223 19,587 94,912 42,292 32,499 •19,838 85,312 39,063 27,792 18,291 1,088,022 568,581 271,168 245,096 1,004,331 - 7.7 473,142 - 16.8 298,241 + 10.0 229,921 6.2 1913 1913 1913 1913 139 133 120 171 162 147 93 128 118 111 I 113 119 133 160 112 122 149 188 129 121 148 175 138 123 + + 66,491 3,408 10,101 51,964 58,883 2,796 9,493 44,932 59,375 3,187 7,746 47,368 711,789 37,458 63,860 588,581 720,497 36,320 102,015 569,429 + 1.2 - 3.0 + 59.7 - 3.3 1913 1913 1913 1913 144 132 121 149 136 117 133 138 143 116 173 141 138 113 158 137 152 125 173 152 135 103 163 131 - 11.4 - 18.0 - 6.0 - 13.5 9,148 1,583 5,200 2,354 8,479 1,391 4,969 2,108 9,204 2,435 4,263 2,501 107,054 30,245 50,053 26,636 103,778 21,776 55,025 26,830 - 3.1 - 28.0 - 9.9 + 0.7 1913 1913 1913 1913 108 222 90 84 101 183 80 102 70 105 58 76 91 109 84 96 100 119 97 96 93 105 93 86 - 7.3 - 12.1 -4.4 - 10.5 399,117 16,484 373 6,571 360,965 17,521 341 5,955 330,476 2,915,258 4,186,341 + 43.6 11,574 114,743 185,250 + 61.4 1,716 205 3,405 + 98.4 24,662 4,309 64,199 +160.3 1920 1920 1913 1913 107 62 67 116 96 58 84 101 108 74 90 107 98 79 82 97 16 I 58 94 91 3 62 85 108 3 87 J 88 thous. of dolls.. thous. of dolls.. thous. of dolls.. thous. of dolls.. thous. of dolls.. 215,802 31,928 27,385 17,800 89,731 186,727 25,062 24,742 15,989 80,412 thous. of dolls.. thous. of dolls.. 86,858 85,262 52,833 62,216 35,111 thous. of dolls.. thous. of dolls.. 22,304 22,128 9,871 21,455 5,490 380,057 thous. of dolls.. thous. of dolls.. thous. of dolls.. thous. of dolls. 0.8 + 17.1 TRADE AND INDUSTRY OF FOREIGN COUNTRIES. United Kingdom. Imports (values): Total thous. of £ sterling. Food, drink, tobacco, .thous. of £ sterling. Raw material thous. of £ sterling. Manufactured articles.thous. of £ sterling. Exports (values): Total thous. of £ sterling. Food, drink, tobacco, .thous. of £ sterling. Raw material thous. of £ sterling. , Manufactured articles.thous. of £ sterling. Reexports (values): Total thous. of £ sterling. Food, drink, tobacco, .thous. of £ sterling. Raw material thous. of £ sterling. Manufactured articles.thous. of £ sterling. Exports of key commodities (quantities): Cotton piece goods thous. of sq. yds. Woolenand worsted tissues.thou. of sq. yds. Iron and steel thous. long tons . Coal thous. of long tons. Production: Pig iron thous. of long tons. Steel ingots thous. of long tons. Coal thous. of metric tons. Stocks, zinc short tons. Employment: Trade unions per cent employed . 494 534 601 546 22,060 "26,252 842 707 85.8 I 275 381 "22,951 14,297 2,612 3,625 165,095 84.1 » See headnote in black type at the beginning of this table. 4,900 + 87.6 60.7 5,824 256,007 |+ 55.1 I 50 | 56 87 | 107 1913 1913 1913 1920 1913 | 86 85 Five-week period. - 0.7 7.1 7.5 1.3 9.6 6.3 8.6 9.4 + 8.1 - 9.2 + 19.0 - 16.0 45 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Detailed taoles covering all items are given in this number. Consult index at end of bulletin. November, 1922 December. 1922 Corresponding month, November or December, 1921. Percentage increase (+) CUMULATIVE TOTAL THROUGH LATEST MONTH. 1921 or decrease (-) cumulative 1922 from 1921. 1922 TRADE AND INDUSTRY OF FOREIGN COUNTRIES—Continued. Belgium. Production: Zinc Coal Pig iron Steel ingots short tons.. thous. of metric tons.. thous. of metric tons.. thous. of metric tons.. 12,401 I 1,805 j 172 | 13,040 177 I 8,122 1,818 61 47 73,271 19,840 802 718 19,418 - 2.1 1,443 + 79.9 1,394 + 94.2 60,050 87,186 799,478 816,694 762,490 - 4 . 6 898,174 + 10.0 1,821 8,371 34,492 44,001 136,581 146,854 29,793 - 32.3 120,179 - 12.0 209,339 + 42.5 75 1,549 555 624 16,802 351 - 36.8 441 - 29.3 15,645 - 6 . 9 3,097 4,219 7,750 160,745 84,623 61,450 325,504 +102.5 87,474 ! i + ' 3.4 80,750 |i+ 31.4 37,740 23,031 492,278 399,694 13,488 12,179 268,869 106,097 283,223 i+ 5.3 89,356 i - 18.1 78,599 79,433 13,896 72,660 812,860 808,109 1,086,551 ;+ 33.7 1,092,157 |+ 35.1 284 4,840 19,119 2,782 8,616 1,193 5,162 Canada. Total trade: j 70,233 Imports thous. of dolls.. | 76,194 112,035 Exports thous. of dolls.. 131,826 Exports of key commodities (quantities): 1,758 . 2,986 Canned salmon thous. of pounds.. 16,636 ! 8,816 j Cheese thous. of pounds.. 55,316 | 40,669 Wheat thous. of bushs.. Production: 35 : Pig iron thous. of long tons.. 52: Steel ingots thous. of long tons.. 1,500 1,563 | Bank clearings mills, of dolls.. Bond issues: 375 143,550 Govt. and provincial thous. of dolls.. 12,579 1,814 Municipal thous. of dolls.. j 10,383 3,800 Corporation thous. of dolls.. Employment: 42,494 Applications number.. Vacancies number..; 29,337 Placements20,586 Regular number.. 6,859 Casual number.. Newsprint paper: 92,563 Production short tons..! 97,148 99,902 Shipments short tons.. i 96,232 7,623 Stocks short tons.. j 14,913 85,506 Exports (total printing) short tons.. j 94, 532 Business failures: 315 310 Firms number.. 5,534 4,619 Liabilities thous. of dolls.. 52,472 21,454 Building contracts awarded thous. of dolls.. I 515,405 j|+ 4.7 445,432 ||+ 11.4 i 709,244 | 959,518 + 35.3 1919 1919 2,383 50,650 240,135 3,249 |+ 36.3 57,247 ;+ 13.0 311,843 '+ 29.9 1913 1913 1913 146 409 52 187 349 60 63,696 112,943 27,571 50,090 144,200 111,894 19,510 36,862 1913 1913 1913 1913 12 51 19 ' 58 32 55 23 155 1913 1913 1914 122 114 ! 137 92 192 495 : Argentina. Grain shipments: Wheat Corn '.. Oats Flaxseed Visible supply: Wheat Corn Flaxseed thous. of bushs.. .thous. of bushs.. thous. of bushs.. thous. of bushs.. thous. of bushs.. thous. of bushs.. thous. of bushs.. 6,449 16,335 107 2,296 2,590 ! 7,200 I 1,000 ! 6, §72 17,637 317 2,025 3,330 4,000 2,400 2,960 3,200 | 3,600 + 126.4 -0.9 -29.2 - 26.4 46 WORLD PRODUCTION OF COTTON.* Country World total. New crop available.. Peru. United States. Mexico. India. Brasil. Egypt. June. August. August. November. September. September. Thousands of bales (478 pounds net). Normal consumption (1909-1913). 1909-1913 a v e r a g e . . 1914 1915 1916 1917 20,660 24,630 18,470 18,970 18,370 106 129 113 127 125 13,033 16,135 11,192 11,450 11,302 193 108 95 103 135 3,584 4,356 3,126 3,756 3,390 322 387 282 281 345 1,453 1,337 989 1,048 1,304 1918. 1919. 1920. 1921. 18,580 19,925 20,940 15,330 129 155 164 157 12,041 11,421 13,440 7,954 203 199 188 126 3,324 4,850 3,013 3,735 339 384 451 612 999 1,155 1,251 902 1922, latest estimates. 18,000 9,964 185 1 From private sources. i 1,015 «4,016 »1922 acreage 12,496,000 compared with 11,976,000 in 1921. WORLD PRODUCTION OF WHEAT.* World total. > Argentina. Country Australia. India. United States. Spain. Italy. France. January. March. July. August. August. August. Germany. Rumania. —— January. New crop available August. August. Canada. September. Millions of bushels. Normal consumption (1909-1913) 3,577 3,586 4,199 *2,609 » 2,288 1909-1913average 1914 1915 1916 1917 .... 1918 1919 »2,804 i 2,743 12,868 13,069 1920 1921 1922, latest estimates 1923 latest estimates . . J 3,090 64 37 301 531 136 236 361 221 34 110 157 114 169 173 80 85 103 351 312 377 323 282 687 891 1,026 636 637 130 116 139 152 143 183 170 171 177 140 317 283 223 152 146 142 *110 »82 87 49 89 197 161 394 263 189 193 263 301 400 25 179 152 184 172 214 170 115 76 46 146 370 280 377 250 181 128 366 215 105 205 135 78 234 921 968 833 814 136 129 139 145 183 170 141 194 226 *187 «237 «323 *86 »80 «83 «108 3 18 »66 «70 «7« 856 125 164 <235 «70 «88 | i 1 1 Russia excluded. No accurate statistics are available. < New boundaries. 6 * Excludes Alsace-Lorraine. Former kingdom, Bessarabia and Bukowina. * Excludes Dobruja. • Data compiled by U. 8. Department of Agriculture, Bureau of Agricultural Economics, and corrected monthly in accordance with latest available information received by that department or by the Department of Commercet Bureau of Foreign and Domestic Commerce. Countries are placed in the order in which crops are harvested. 47 WORLD PRODUCTION OF CANE SUGAR AND FLAXSEED.* FLAXSEED. CANE SUGAR. Java. World total. Y8AE. United States.* Braill. Oct. Oct. May. Hawaii. Porto Rico. Cuba* Dec. Deo. Nov. India. World total. Argentina. India. United States. Canada. Jan. Apr. Aug. Aug. Dec. Thousands of bushels. Thousands of short tons. 1909-1913 average.. 1914 1915 1916 1917 1918 1919 1920 1921 9,971 11,293 12,776 13,442 14,508 13,324 13,799 13,656 12,829 1,514 1,054 1,797 2,009 1,960 1,478 1,473 1,579 l,850v 311 247 139 311 246 284 122 176 328 138 344 486 413 493 440 496 580 676 567 646 593 645 577 600 556 522 540 363 346 484 503 454 406 485 490 406 2,295 2,967 3,437 3,442 3,957 4,597 4,209 4,408 4,476 2,614 2,757 2,950 3,058 3,708 2,617 3,361 2,826 2,903 I922,latestest 14,223 1,978 <242 »476 523 393 4,595 •2,884 3 »Exports. i Louisiana and Texas. 110,992 94,559 103,287 82,151 41,063 61,821 61,692 87,964 83,288 From private sources. 31,989 36,928 45,040 39,289 4,032 19,588 30,775 42,038 50,470 19,870 15,448 15,880 19,040 21,040 20,600 9,400 16,760 10,800 19,505 13,749 14,030 14,296 9,164 13,369 7,256 10,774 8,029 12,040 7,175 10,628 8,260 5,935 6,055 5,473 7,998 4,112 32,272 17,360 12,238 6,685 < Louisiana and Texas. WORLD PRODUCTION OF BEET SUGAR* World1 total. United States. GerCzechoNetherm a n y . slovakia. Russia. Poland. l a n d s . Belgium. France. Italy. Spain. Denmark. Sweden. YEAR. Thousands of short tons. 1909-1913 average 1914 . . . . 1915 1916 1917 1918 1919 1920 1921 1922 latest estimates v 8,432 8,331 6,056 5,808 5,208 4,592 3,490 4,997 5,360 610 722 374 821 765 761 726 1,089 1,020 2,296 2,721 1,678 1,721 1,726 1,484 808 1,212 1,429 1,017 1,004 812 805 584 688 559 770 730 1,726 1,879 1,824 1,457 1,134 318 86 55 55 «5,375 691 1,764 791 »246 » Crops in all countries here given are harvested beginning in September. 239 293 263 249 106 195 198 246 316 264 286 215 182 263 314 382 276 215 120 140 136 78 152 268 315 759 334 150 204 221 121 171 370 300 209 166 166 160 162 120 185 150 249 116 112 117 139 154 169 91 104 91 128 168 143 124 149 156 149 168 158 154 170 140 151 144 141 141 181 259 *298 >309 »330 471 318 U87 a 116 272 279 » From private sources. > Includes Ukraine; data from private sources. WORLD PRODUCTION OF RICE.* Country.-. . * T - - ,. - *-*--World total. New c o p ftvalliMfl. India. Egypt. United States. Italy. Spain. Japan. Dutch i Bast Indies. Philippines. Apr. Apr. Aug. Sept. Sept. Nov. Dec. Dec. Millions of pounds (cleaned). 67,891 Normal consumption (1909-1913) 1909-1913 1914 1915 1916 1917 1918 1919 1920 1921 1922 latest estimates. 1 . . . 110,780 102,986 114,500 112,300 122,000 97,400 117,200 90,777 120,666 72,950 61,022 73,526 77,932 81,198 55,218 71,613 62,793 73,907 875 518 553 81 542 237 487 692 607 634 472 681 657 804 1,135 965 1,072 1,166 1,446 1,045 646 741 763 708 716 712 662 997 641 »33 1,166 »633 14,602 297 337 320 329 322 282 412 394 356 14,009 17,909 17,569 18,360 17,143 17,184 19,106 19,849 17,336 7fS49 7,826 8,323 8,466 7,051 6,480 6,481 L,124 L,404 1,100 1,289 L745 2,210 1,977 2,127 2,427 10 fttt 6,207 2,886 Java and Madura. * Acreage about half of normal: Summer crop only given. 31922 acreage 296,500 compared with 286,400 acres in 1921. *Data compiled by U. S. Department of Agriculture, Bureau of Agricultural Economic*, and corrected monthly in accordance with latest available information received by that department or by the Department of Commerce, Bureau of Foreign and Domestic Commerce. Countries are placed in the order in which crops are harvested. 48 WOOL. Table 1.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. From Government and non-Government sources.1 [Base year in bold-faced type.] RECEIPTS AT STOCKS* STOCKS > CONBOSTON. IMIM(in grease equivalent). (in grease equivalent). PORTS SUMPPORTS CONTION (un(un(in 2 Held by manu- grease Held by manu- SUMPTION. manu- Held by5 Domes- Formanu- Held by5 ForfaefacTotal. Total. facfac- dealers. Total. tic. dealers. eign. tured). equivaelgn. tured). lent).' turers. turers. RECEIPTS AT BOSTON. YEAR AND MONTH. Total. Domestic. Relative to 1921. Relative to 1913. Relative to last two quarters of 1920. Thousands of pounds. A.—INDEX NUMBERS. 100 149 191 196 225 100 118 112 127 130 100 228 391 371 468 100 171 1918 mo. av. 1919 mo. av. 224 1920 mo. av. 1921 mo. av. 1922 m o . av. 122 506 419 266 315 383 299 294 171 211 193 113 132 65 89 118 1921. January February.. March April 107 228 378 272 26 30 46 42 315 733 1,229 860 167 339 775 516 55 69 90 99 May June July August 107 76 145 167 58 95 183 203 231 26 47 75 117 47 74 125 109 107 95 109 September. October... November. December. 91 72 84 102 109 81 81 112 43 50 90 78 115 72 87 99 113 121 121 112 1922. January... February.. March April 143 135 213 182 103 99 81 72 247 224 550 465 175 220 340 118 122 137 May June July August 218 195 380 227 124 217 300 162 460 140 583 395 261 134 265 272 119 119 106 130 September. October... November. December. 114 109 168 227 64 64 71 58 241 224 412 659 244 50 740 1913 mo. 1914 mo. 1915 mo. 1916 mo. 1917 mo. av. av. av. av. av. 1923. January... February.. March April 213 152 B.—NUMERICAL DATA. 272 296 277 3100 100 124 «220 200 124 134 143 132 96 107 »1OO «135 158 134 >1OO «83 63 92 100 132 83 95 137 73 91 98 151 58 160 67 164 18,761 27,906 35,801 36,683 42,215 13,483 15,894 15,142 17,100 17,510 5,27S 12,012 20,660 19,583 24,705 12,651 21,680 34,393 37,432 35,083 41,956 39,918 22,890 28,590 36,147 15,275 17,825 8,809 11,977 15,909 26,682 22,093 14,030 16,613 20,238 37,811 37,158 21,635 26,717 20,073 42,753 71,009 51,075 3,465 4,035 6,143 5,695 16,608 38,718 64,866 21,169 42,886 98,103 45,380 65,336 24,049 30,600 39,510 43,466 20,044 14,226 27,157 31,294 7,851 12,830 24,693 27,327 12,193 1,395 2,464 3,967 | 14,745 5,952 9,397 15,867 48,183 47,103 42,126 48,141 17,028 13,536 15,696 19,183 14,740 10,885 10,965 15,091 2,288 2,651 4,731 4,092 14,592 i 49,824 9,086 53,589 10,946 53,463 12,520 49,441 25,246 39,946 34,194 13,825 13,407 10,899 9,655 13,061 11,839 29,047 24,539 22,152 | 52,280 27,834 | 53,774 43,071 | 60,368 38,988 42,574 16,717 29,278 40,516 21,809 24,255 7,378 30,791 20,825 32,956 16,940 33,484 34,472 52,533 52,621 46,902 57,340 54,771 59,282 63,313 58,367 40,972 36,656 71,307 42,635 | I j I 21,304 20,530 31,446 42,643 8,594 8,637 9,715 7,855 12,710 «27,892 11,893 25,261 21,731 34,788 45,789 6,723 39,066 44,125 54,510 529,174 «183,917 345,258 j * 533,473 «247,412 '286,061 ! 507,723 291,318 216,405 564,977 247,287 317,690 531,070 242,845 288,225 504,372 252,103 252,269 479,151 277,926 201,225 525,174 293,867 231,307 518,844 302,160 216,683 1 Receipts of wool at Boston compiled by Boston Chamber of Commerce; Imports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; consumption and quarterly stocks from U. S. Department of Agriculture, Bureau of Agricultural Economics, until April, 1922, beginning with April, 1922, compiled by U. S. Department of Commerce, Bureau of the Census, in cooperation with if. S. Department of Agriculture, Bureau of Agricultural Economics. 2 These figures have been revised to include only comparable reports each month and thus do not contain the figures for the American Woolen Company and a few small firms, for which estimates had been made in previous compilations. Stocks include wool, tops and noils. • Average of the last two quarters of 1920. « Average of the first three quarters of 1921. » Includes U. S. Government stocks. • Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October 49 COTTON. Table 2.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type.] YEAR AND MONTH. STOCKS, END OF ProProducReMONTH. ducContion Extion ceipts Im(crop (crop into ports^ ports.' sumption.* estiesti- 7 sight. WareWorld Mills.* housess visible/ mate.)* mate.) Rel. to 1909-13 average. Receipts ImExinto ports.* ports.* sight. Thousands of bales. Relative to 1913. 100 1918mo. av.. 1919 mo. av.. 1920 mo. av.. 1921 mo. av.. 1922 mo. av.. 2 105 96 81 55 1OO 102 104 126 132 1OO 97 99 127 141 1OO 100 177 182 153 1OO 100 146 114 91 13,033 14,156 16,135 11,192 11,450 11,302 92 144 246 114 47 75 '71 74 70 133 108 111 85 102 112 108 119 88 107 153 206 174 255 202 92 114 128 144 104 12,041 11,421 13,440 7,954 9,964 102 66 49 50 118 138 134 92 83 68 52 44 76 82 91 85 94 99 100 321 313 298 157 153 146 145 52 48 17 28 66 68 82 58 91 96 85 97 95 90 83 75 244 212 197 147 145 134 121 87 1OO 86 104 99 80 2 1OO a 101 166 158 114 92 88 103 61 76 77 87 78 85 81 109 124 1921. January... February.. March April STOCKS, END O* MONTH. Ware- World Mills.' houses visible/ Bales. Thousands of bales. B.—NUMERICAL DATA. A.—INDEX NUMBERS. 1909-13 mo.av 1913 mo. av.. 1914 mo. av.. 1915 mo. av.. 1916 mo. av.. 1917 mo. av.. Consumptions 1,203 2 20,309 »727,048 1,036 20,558 '763,775 1,257 33,798 696,583 585,810 1,186 32,064 960 23,103 401,570 482,194 490,394 500,767 606,544 638,184 1,342 1,306 1,327 1,705 1,890 1,760 1,766 3,117 3,197 2,691 3,068 3,070 4,479 3,490 2,798 18,781 29,226 49,999 23,137 342,696 546,432 513,261 540,435 510,814 640,444 518,653 534,978 407,723 492,485 1,501 1,454 1,595 1,181 1,431 2,689 3,633 3,057 4,484 3,555 2,816 3,492 3,915 4,414 3,203 794 590 607 24,024 28,055 27,282 18,731 605,381 493,426 375,180 319,933 366,463 395,115 438,218 409,247 1,264 1,327 1,337 1,316 5,645 5,503 5,253 5,027 4,822 4,707 4,476 4,434 8,433 8,203 846 660 608 620 10,542 9,849 3,452 5,631 477,389 495,590 598,962 423,491 440,714 461,917 410,142 467,059 1,281 1,203 1,111 1,006 4,738 4,300 3,723 3,464 4,512 4,454 4,108 3,724 7,037 6,537 6,537 8,340 1,180 1,966 1,718 1,489 6,362 31,269 51,440 61,006 532,839 874,510 648,695 639,825 484,718 404,317 527,940 510,925 1,118 1,398 1,655 1,738 4,312 4,985 5,293 5,207 3,944 4,624 4,623 4,544 931 1,051 941 1,026 | 979 ! May June July August 65 63 70 55 51 52 September... October November... December... 54 50 50 64 98 163 143 124 31 154 253 300 73 120 93 101 103 109 106 83 104 123 130 245 283 301 296 129 151 151 148 1922. January.., February.. March April 74 39 44 36 207 270 295 74 65 47 63 84 109 98 108 92 124 119 116 109 263 239 213 183 137 127 117 111 466 ^524 434 42,093 54,761 59,957 15,115 475,910 338,440 461,484 612,659 526,698 472,336 519,761 443,509 1,669 1,595 1,557 1,461 4,622 4,215 3,752 3,213 4,202 3,891 3,593 3,399 May June July August 85 87 49 42 33 45 71 62 42 71 65 68 51 38 103 106 95 109 106 99 91 76 145 111 85 98 84 93 52 11,065 11,400 594 507 393 547 14,320 12,607 8,587 14,481 469,397 491,079 373,742 273,308 495,337 509,218 458,002 527,404 1,420 1,331 1,218 1,025 2,559 1,953 1,488 1,550 3,001 2,568 2,840 1,597 September... October November... December... 81 78 78 76 115 194 179 126 51 110 118 84 103 111 120 109 79 103 128 143 183 246 10,575 10,135 10,135 9,964 1,389 2,331 2,156 1,510 8 4,628 26,816 232 73 110 128 124 368,890 798,664 858,337 607,853 495,344 533,950 577,561 527,945 1,065 1,380 1,721 1,921 3,218 4,330 4,198 4,075 2,228 3,385 3,922 3,812 127 148 198 109 610,375 1,987 3,482 3,359 1923. January... February.. March April 132 1 Except receipts into sight, compiled by New Orleans Cotton Exchange, and world visible supply of American cotton, compiled by Commercial and Finance Chronicle. Production estimates from u. S. Department of Agriculture, Bureau of Agricultural Economics; imports and exports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; consumption and stocks at mills and warehouses from U. S. Department of Commerce, Bureau of the Census. 2 These figures are for fiscal years; those following are for calendar years. 8 Running bales counting round as half bales; linters are included. 4 500-pound bales. > not include linters ^j ,_ „ ^^ e Survev (No. 16^ should read 6.095.361. • These figures represent world visible supply of American cotton. 7 The yearly figures represent the latest revised estimates of total production for the year. The monthly figures show the current estimates of total production us reported each month. s Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October. 29011°—23 4 50 COTTON MANUFACTURES. Table 3.—(A) INDEX NUMBERS AND (B) HUMERICAl DATA, From commercial and trade sourcet.' [Base year in bold-faced type.] COTTON CLOTH YEAR AND MONTH. Exports.' Relative to 1913. FINE COTTON GOODS.* Production. Sales. Relative to 1919. COTTON CLOTH KNIT UNDERWEAR.' Production. UnNew C a n - filled orders Ship- cellaorders re- ments. tions. end of ceived. mo. Exports. 8 Relative to 1920. Relative to 6 months' average, July-Dec, 1920. Thous. of yards. FINE COTTON GOODS.* Production. KBf IT UffEWftWK**/ Sales. Production. Orders received. Number of pieces. Can* < or4*r» *,uA of Shipment*. tiUtn*.' urn* Dozens. B.—NUMERICAL DATA. A.—INDEX NUMBERS. 1913 mo. a v . . . . '87,062 * 34,572 43,195 51,687 63,719 »1OO >93 1915 mo. a v . . . . 117 139 1916 mo. a v . . . . 172 1917 mo. a r . . . . 1918 mo. a y . . . . 1919 mo. a y . . . . 1920 mo. ay 1921 mo. a y . . . . 1922 mo. a y . . . . 122 154 184 124 132 '113 1OO 90 92 '59 1OO 26 81 1921. January February...... March April 101 81 89 99 43 63 86 113 May June July August 107 131 134 152 September October November December 45,348 ' 434,188 '264,810 56,920 888,528 446,677 68,311 346,238 116,693 691,450 1100,950 «459,000 45,969 354,193 360,965 507,300 596,175 461,775 48,913 785,475 641,925 627,825 8 49,900 0 502,850 9,900 1,102,350 13,950 1,795,550 1OO 86 106 «1OO 591 778 •1OO 101 140 «1OO 20 28 «1OO 219 357 127 40 64 74 26 43 76 76 399 297 548 528 31 54 93 68 7 6 17 13 101 95 105 167 37,487 30,087 33,024 36,772 163,111 241,211 330,160 432,224 565,511 179,919 287,897 339,970 156,600 252,000 451,800 446,400 402,300 299,700 553,500 532,800 141,300 245,700 425,700 311,400 3,600 2,700 8,100 6,300 506,700 477,000 528,300 837,000 92 103 98 94 72 74 69 117 84 100 88 101 468 549 425 706 95 114 102 134 18 17 24 15 164 175 188 159 39,767 48,395 49,668 56,381 351,053 393,526 374,653 359,703 323,132 331,815 306,589 521,458 498,600 589,500 520,200 599,400 472,500 554,400 429,300 712,800 437,400 522,900 469,800 613,800 9,000 8,100 11,700 7,200 823,500 878,400 943,200 801,000 168 174 144 108 101 103 98 117 120 70 43 99 105 114 114 102 1,356 832 539 444 145 153 105 115 18 17 52 40 344 357 396 384 62,290 64,489 53,422 39,842 386,929 394,864 373,943 449,913 537,402 314,858 191,440 440,578 620,100 1,368,900 675,900 839,700 674,100 540,000 603,000 448,200 663,300 701,100 480,600 528,300 9,000 8,100 25,200 19,800 1,726,200 1,791,000 1,987,200 1,928,700 1922. January February March April 84 88 131 139 84 88 104 96 51 45 72 61 104 110 113 110 1,018 553 458 407 154 135 141 117 20 31 24 46 400 386 306 320 31,037 32,707 48,406 51,615 320,719 339,348 397,800 366,323 229,380 202,208 319,917 273,626 615,600 1,027,800 648,000 558,000 668,700 462,600 648,000 411,300 708,300 619,200 648,900 535,500 9,900 15,300 11,700 22,500 2,011,500 1,940,400 1,535,400 1,606,500 May June... . . . . . . . July August 163 170 163 135 99 105 98 107 78 116 21 72 113 110 91 105 807 695 777 630 109 130 155 179 39 35 20 39 262 290 253 314 60,448 62,850 60,238 50,068 378,974 404,202 375,944 410,858 347,368 518,068 93,964 322,396 667,800 649,800 540,000 619,200 814,500 701,100 784,800 636,300 500,400 598,500 710,100 823,500 18,900 17,100 9,900 18,900 1,316,400 1,458,000 1,269,900 1,577,700 September October November December 138 138 124 112 108 97 107 129 149 88 98 115 113 93 652 1,201 1,006 1,133 170 131 137 119 24 18 29 17 336 464 455 502 51,302 50,985 45,934 41,367 414,782 372,996 411,527 574,439 666,787 393,453 579,600 657,900 681,300 1,212,300 666,900 1,015,200 549,000 1,143,900 780,300 603,000 629,100 546,300 11,700 1,687,500 9,000 2,332,800 14,400 2,286,900 8,100 2,523,600 1923. February March April 1 Except exports of cotton cloth from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. The figures for knit underwear are secured from the Knit-Goods Manufacturers of America: those relating to fine cotton goods from the Fine Cotton Goods Exchange. » These figures are for fiscal years: others are for calendar years. • Includes duck and other cloth, bleached, unbleached, and colored. Beginning with January, 1921, the figures are reported in square yards instead of linear yards, which probably makes the figures slightly smaller than when given in linear yards. « Reported by 24 identical mills in the New Bedford district, representing about 50 per cent of this industry in New England and from 20 to 30 per cent throughout the 6United States. Calculated from reports in percentage of capacity, based on a normal production of 900,000 dozen per month. Reports on production cover from 50 to 60 mills, while for other items the reports cover from 30 to 40 mills. » Average for last six months of year. » Nine months' average, April to December. 51 MISCELLANEOUS TEXTILES. Table 4.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. From Government and non-Government sources.1 [Base year in bold-faced type.] ELAS- FIBERS TIC (unmanu- BURWEBLAP. facBING. tured). RAW SILK. YEAJL AND MONTH. Imports.8 Rel. to 1913. Con- Stocks, sump- end of tion^ month. Sales. Relative to Rel. to 1920. 1919 Imports. a Imports. Relative to Thous. of 1909-1913 average. pounds. Consumption.* 37,917 36,519 34,047 32,147 108 100 95 2,566 3,094 3,406 127 142 162 116 154 116 111 95 118 71 120 107 109 140 117 3,619 4,060 4,627 3,308 4,377 33,318 31,886 27,274 33,817 20,416 40,653 1OO 51,312 26,941 30,635 21,315 32,350 12,620 11,593 13,778 967 2,392 2,342 5,254 22,176 16,525 25,585 28,900 31,859 27,928 16,386 20,038 8,459 10,754 11,894 19,374 26,852 27,571 26,733 48,903 48,542 27,278 46,341 128 108 99 101 4,829 4,307 5,936 5,763 27,209 33,846 32,325 32,790 20,541 15,521 17,866 18,899 11,197 12,553 11,353 12,894 23,486 27,537 21,401 13,264 43,513 36,721 33,557 34,350 41 37 39 88 93 89 148 128 5,445 3,808 4,729 6,746 31,229 26,816 24,955 20,930 23,036 19,304 19,601 24,804 13,592 14,418 12,830 12,567 11,760 10,713 11,126 25,110 31,409 30,233 50,064 43,462 51 65 97 53 111 92 122 110 4,593 3,801 3,406 3,087 33,842 22,107 26,651 24,247 31,139 22,077 19,268 11,605 11,835 12,307 11,147 14,612 18,462 27,874 15,212 37,781 31,345 41,240 37,200 77 165 214 108 76 4,662 5,077 4,102 5,982 33,284 29,529 24,996 34,772 20,826 26,895 27.474 32,515 12,758 16,334 13,915 17,561 22,120 23,648 16,500 20,542 56,007 72,503 36,575 25,747 118 150 * 4,230 7,826 34,212 37,471 35,467 31,042 36,795 45,893 47,159 49,174 14,753 14,147 14,716 14,260 5 22,145 29,065 * 40,100 51,038 34,680 47,087 45 58 73 81 68 94 96 93 144 143 80 137 May.... June.... July.... August. 169 151 208 202 153 190 181 184 40 30 35 37 76 85 77 88 82 96 75 46 September.. October November.. December.. 191 134 166 237 175 150 140 117. 45 38 38 48 92 98 87 85 1922. January. February. March.-... April , 161 133 120 108 190 124 149 140 61 56 43 79 May.... June July.... August. 164 178 144 210 187 166 140 195 41 52 54 63 87 111 95 119 148 275 192 210 199 174 72 89 92 96 100 96 100 97 195 92 80 84 76 14,707 «17,830 62 54 32 39 1923. 33,922 90 109 120 124 93 143 162 January.. February. March April..... 28,613 32,596 32,960 32,769 41,060 34 84 82 184 September.. October November.. December.. Thous. of pounds. 2,850 79 94 6 Long tons. Thous. of yards. 100 112 1OO 42 63 1921. Imports. Sales. B-NUMERICAL DATA. 8 100 151 172 January. February. March April BURLAP. 100 114 115 115 144 100 1917 monthly average 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average.... Stocks, end of month. Bales. A.-INDEX NUMBERS. 1909-1913 monthly average. 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average ELAS- FIBERS TIC (unmanuWEBfacBING. tured)^ RAW SILK. 83 58 72 6 77 102 6 47,398 39,514 i Imports of total raw silk, unmanufactured fibers and burlap are from U.S. Department of Commerce, Bureau of Foreign and Domestic Commerce; consumption and stock at warehouses of raw silk are from the Silk A swciation of America; sales of elastic webbing are from the Webbing Manufacturers Exchange. » Total unmanufactured silk, including raw silk, cocoons and waste. «Consumption figures represent withdrawals from warehouses. Note that February to December, 1920, inclusive, is used as the base period. * Includes flax, hemp, istle, iute, kapok, manila, New Zealand flax, sisal, etc. » Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October. 52 ACTIVE TEXTILE MACHINERY. Table 5.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government sources.1 [Base year in bold-faced type.] COTTON.s WOOL.2 YEAR AND MONTH. Woolen Worsted spindles. spindles. Wide looms. Narrow Carpet looms. | looms. Active Woolen Worsted Wide Narrow spindles. spindles. spindles. looms. looms. Relative to 1913. 4 monthly monthly monthly monthly monthly average.. average.. average.. average.. average.. «1OO 101 110 116 121 1918 1919 1920 1921 1922 monthly average.. monthly average.. monthly average. monthly average.. monthly average.. 118 105 88 94 108 108 104 100 114 105 119 105 86 96 93 53 77 91 105 118 62 < 1OO 104 100 122 115 1OO 99 95 116 116 « 1OO 105 96 126 121 Carpet looms. Active I spindles, j Thousands. Per cent of active to total. B.—NUMERICAL DATA. A.-INDEX NUMBERS. 1913 1914 1915 1916 1917 COTTONS WOOL.2 4 74 474 77 74 90 85 73 <68 67 71 80 74 30,246 30,920 30,720 31,807 32,984 61 54 67 56 33,624 33,429 34,458 33,071 33,086 51 58 66 71 50 40 43 46 31,509 32, 497 32,148 32,597 <73 77 70 92 * 1OO 99 104 118 109 1OO 102 102 105 109 <77 78 85 89 93 118 104 96 97 100 90 79 99 82 118 111 111 114 109 109 91 81 68 72 83 77 74 84 78 88 78 64 71 69 76 70 71 73 77 86 100 70 79 90 97 74 59 63 104 107 106 108 41 53 68 76 57 67 78 87 46 57 64 74 70 86 86 1921. January.. February. March April May.... June... July.... August. 103 104 103 101 122 122 118 124 108 109 108 105 103 103 104 99 72 74 88 108 108 107 109 79 80 79 78 90 90 87 92 80 81 80 78 75 75 74 72 47 49 50 60 32,836 32,665 32, 446 32,931 September. October November.. December.. 101 104 101 97 123 124 122 118 103 104 99 95 104 103 107 108 101 107 109 109 112 113 114 114 78 80 78 75 91 92 90 87 76 77 73 70 74 75 78 79 69 73 74 74 33,875 34,206 34,428 34,439 January.. February. March April 95 104 109 108 116 116 101 84 93 88 81 100 100 115 116 116 116 114 112 105 104 73 80 84 83 86 75 62 65 60 73 73 72 64 78 79 79 79 34,458 33,797 31,875 31,389 May.... June.. . July.... August. 112 112 109 108 91 92 92 101 85 86 86 88 115 115 115 116 105 105 106 107 67 68 68 75 63 64 64 65 65 67 72 68 78 78 78 79 31,653 31,877 31,975 32,499 September.. October November... December... 110 109 109 110 109 120 122 120 97 104 109 109 121 122 124 125 110 112 115 116 81 89 90 89 72 77 81 81 76 79 82 82 83 84 85 33,297 33,859 34,665 34,968 1922. 92 104 108 112 114 85 84 84 85 1923. January.. February. March...! April 1 Data from T7. 5. Department of Commerce, Bureau of Census. 2 Formerly reported as of the first of the following month representing previous month's operations but now reported as of the month to which thefiguresapply. In the present table eachfigureshows the activity for the month to which it is credited. a The monthly averages are for cotton crop years (beginning Aug. 1 and ending July 31). Figures opposite any one year represent the monthly average number of active cotton spindles for the period beginning Aug. 1 of the preceding year. « Data for 1913 collected by the National Association of Wool Manufacturers. 53 HOURLY ACTIVITY IN TEXTILE MACHINERY. Table 6.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government sources,1 [Base year in bold-faced type.] WOOL.* WOOL.2 Spinning spindles. Looms. Y E A B JLND MONTH. WIDE. NARROW. Sets of Combs. CARPET cards. WOOL- WORAND EN. RUG. STED. Spinning spindles. Looms. WIDE. NARROW. Sets of Combs. CARPET cards. WOOLAND A.—INDEX NUMBERS. 100 102 100 150 100 124 67 59 48 82 62 45 108 105 60 1921. January February March April 90 107 52 67 82 99 May.... June July.... August.. 116 120 115 111 September. October November. December.. 108 109 104 1920. October November December EN. RUG. WORSTED. 100 102 76 Total Activity per activity spindle of in spindles place. Millions of hours. Hours. Per cent of active hours to total reported. Relative to 1921. 1921 monthly average, j 100 1922monthly average. 99 COTTON. B.—NUMERICAL DATA. 100 120 100 96 68.8 68.4 63.9 65.3 51.3 76.9 71.5 74 75 57 45.9 40.3 33.3 52.3 39.6 28.8 55.3 53.8 42.5 64 89.1 90.8 71.9 86.4 81.9 78.6 54.1 42.9 33.9 61.6 49.0 37.1 53.3 46.1 31.6 61.5 46.6 34.8 7,723 209 47 55 42 71 70 70 74 50 69 90 105 83 100 106 49 69 92 107 55 76 91 106 30.0 54.7 61.7 73.4 33.3 42.9 52.7 63.2 36.5 36.1 35.7 38.0 35.7 49.4 64.2 75.0 49.0 73.8 88.7 94.6 35.5 49.5 65.9 77.1 44.7 62.1 74.3 86.5 109 115 110 108 86 92 82 112 112 115 111 110 111 108 98 102 113 114 111 110 109 114 105 108 80.1 82.5 79.2 76.7 69.9 73.7 70.6 69.0 44.1 47.1 42.1 57.4 80.2 82.1 79.4 78.9 98.6 95.9 87.4 91.2 81.4 81.8 80.0 78.8 93.4 85.7 88.5 7,320 200 113 114 116 113 128 136 142 137 110 115 110 102 110 112 105 111 110 114 109 103 113 112 107 105 74.2 75.1 71.3 67.1 72.5 72.2 65.5 69.9 72.7 70.3 79.0 82.0 78.8 72.9 97.6 99.5 93.8 98.6 79.1 81.7 78.1 74.4 92.2 91.9 87.4 86.2 7,379 7,583 7,689 7,726 202 207 210 210 44 73.0 74.3 1922. January February March April 94 96 92 85 106 107 99 84 148 150 152 146 105 118 124 121 108 109 92 82 104 113 119 118 105 101 86 76 64.8 65.9 63.1 58.4 68.0 68.1 63.5 53.4 76.1 76.9 78.2 74.8 75.4 84.4 88.4 86.2 96.3 97.2 82.3 72.7 74.6 81.6 85.9 84.8 86.1 82.7 70.8 62.1 7,932 7,120 7,779 6,636 215 193 211 180 May.... June— July.... August.. 91 93 91 92 86 94 98 91 147 141 137 150 125 127 123 124 91 90 96 123 125 120 120 80 84 81 87 62.4 63.8 62.8 63.6 55.2 59.9 62.5 58.3 75.5 72.1 70.4 76.8 89.7 91.0 88.2 88.8 79.2 81.2 80.4 85.5 88.6 89.9 86.0 86.2 65.3 68.5 66.1 71.4 7,493 7,646 7,045 8,033 207 191 217 105 114 116 123 112 122 114 115 158 144 163 162 128 131 131 132 105 119 125 116 123 126 125 126 103 115 114 120 72.4 78.6 80.0 84.5 71.3 77.7 72.7 73.3 80.9 74.0 83.7 83.3 91.3 93.8 93.7 94.4 93.2 106.4 3 111.4 8 103.8 88.1 90.6 89.7 90.5 84.0 94.0 93.7 98.6 7,761 8,289 8,710 8,228 209 223 234 221 September. October November. December.. 1923. January February March April i Compiled b y U. S. Department of Commerce, Bureau of the Census. » Formerly reported as of the first of the following month representing previous months' operations but now report ed as of the month to which the figures apply. In the present table each figure shows the actvity for the month to which it is credited. * Overtime was reported sufficient to offset all idle hours and leave an excess for November of 65,380 hours or 11.4 per cent and for December an excess of 20,427 hours or 3.8 per cent. 54 TEXTILE WHOLESALE PRICES. Table 7.—INDEX NUMBERS. Based on data from Government sources,1 [ Base year in bold-faced type; numerical data on opposite page.] COTTON.8 COTTON YARN. COTTON GOODS. • Carded, white, Price to Middling upland, northern, producer, New mule spun, all grades. York. 22/1 cones, Boston. YEAR AND MONTH. Print cloth, 27", Boston. WOOL.* Sheetings, UnOhio, 4/4 Ware washed, fine, unshoals, price to washed, LL, producer, Boston. New York. all grades. WORSTED YARN. WOMEN'S DRESS GOODS. 2/32's crossbred stock, Boston. Storm Wool-dyed, serge, all blue, Japanese, 55/56", wool, Kansai Middledouble No.l, sex, warp, 50", New York. Boston. New York. SUITINGS. SILK, RAW. Relative to 1913. 100.0 91.2 84.0 117.6 192.7 100.0 105.3 134.7 165.2 282.6 100.0 109.1 122.7 140.9 250.0 100.0 82.4 101.4 135.2 200.8 100.0 88.9 99.1 135.4 193.4 100.0 94.4 101.2 127.8 204.4 100.0 101.5 91.2 133.7 150.9 327.5 287.0 363.8 146.3 189.9 317.3 273.5 343.5 143.0 168.4 346.1 305.3 228.3 101.1 173.6 290.9 277.3 277.3 140.9 200.0 271.5 209.5 234.9 151.7 181.9 260.4 234.2 238.3 156.6 149.0 261.5 259.5 270.5 189.8 200.7 172.3 244.0 227.4 165.8 198.4 135.6 129.8 114.2 112.2 167.5 153.0 130.4 124.1 155.2 150.8 141.9 124.3 117.3 118.5 113.1 107.1 140.9 140.9 150.0 150.0 148.1 148.1 154.5 154.5 186.2 157.3 157.3 157.3 198.1 198.1 198.1 198.1 158.9 157.5 161.6 158.9 101.1 94.1 96.6 108.6 115.4 116.7 112.6 122.3 124.1 124.1 124.3 136.8 119.9 115.8 115.8 117.6 95.8 92.2 92.8 92.2 145.5 140.9 131.8 127.3 160.9 154.5 148.1 148.1 157.3 157.3 157.3 157.3 189.3 189.3 189.3 183.5 154.8 157.5 157.5 148.1 105.0 165.0 147.5 135.0 159.8 154.0 142.3 143.4 160.0 178.2 160.0 154.2 168.4 185.5 174.0 167.5 151.6 167.6 172.0 173.5 92.8 94.6 93.4 101.1 131.8 131.8 131.8 140.9 148.1 148.1 148.0 160.9 157.3 146.5 144.9 144.9 183.5 183.5 183.5 183.5 164.3 165.6 197.0 209.0 1922. January. February March .. April 136.6 129.1 132,5 133.3 140.0 141.2 143.2 141.5 147.5 141.6 142.5 141.3 167.5 163.2 173.0 173.3 159.6 159,6 156.7 147.7 107.7 133.5 149.7 148.5 159.1 172.7 177.3 172.7 164.5 167.4 160.9 167.4 144.9 144.9 144.9 144.9 183.5 183.5 183.5 183.5 185.8 180.4 165.6 179.1 May June . , . , . , . , . , July August 132.5 155.8 170.0 172.5 162.9 172.7 174.6 171.1 149.4 161.4 166.4 169.5 184.9 188.4 190.7 187.5 150.8 162.2 172.0 174 1 173.7 196.4 194.6 189.2 186.3 213.6 218.2 218.2 173.8 183.7 180.3 180.3 144.9 144.9 144.9 144.9 198.1 198.1 198.1 212.6 197.9 200.6 193.9 195.2 September. October November -, December 175.8 166.7 186.7 198.3 167.9 178.0 200.1 201.0 166.5 171.2 182,6 186.0 190.7 207.5 222.9 223.2 175.6 176.4 190.1 195.6 189.2 192.8 198.8 211.4 218.2 227.2 231.8 227.2 186.7 193.1 212.4 212.4 144.9 146.4 168.9 168.9 212.6 212.6 221.4 221.4 210.0 228.9 216.8 226,2 1913 monthly av 1914 monthly av 1915 monthly av 1916 monthly av.... 1917 monthly av 100.0 88.3 74.1 112.5 179.1 100.0 94.6 79.4 113.1 183.7 100.0 88.0 81.0 120.0 181.2 100.0 . 88.1 83.5 121.5 192.2 1918 monthly av.... 1919 monthly av 1920 monthly av 1921 monthly av 1922 monthly a v . . . 245.8 246.6 267.5 102.5 143.3 248.5 253.9 264.9 118.8 165.9 267.5 240.8 283.8 133.3 160.5 95.8 98.3 85.8 78.3 130.6 108.7 92.1 94.9 78.3 81.6 80.0 81.6 September October November December. 1921. January February . March April . .. May June July August . 1923. January 204.2 1 March . ,, April See footnotes on opposite page. 55 TEXTILE WHOLESALE PRICES. Table 8.—NUMERICAL DATA. From Government sources.1 [ Base year in bold-faced type; index numbers on opposite page.] COTTON.' Y E A R AND MONTH. COTTON YAEN. COTTON GOODS. Carded, UnSheetings, white, 4/4 Ware washed, Price t o Middling Northern, Print shoals, price t o producer, upland, doth, 27", mule LL, producer, Boston. spun, ail grades. New York. New York. all grades. 22/1 cones, Boston. Per yard. Per pound. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly av.. av.. av.. av.. av.. 1.130 . 106 1918monthly 1919monthly 1920 monthly 1921 monthly 1922 monthly av.. av.. av.. av.. av.., WORSTED YARN. WOOL« Ohio, fine, u n washed, Boston. 2/32's crossbred stock, Boston. WOMEN'S DRESS GOODS. SUITINGS. SILK, RAW. Storm Japanese, serge, all Wool-dyed blue, Kansai, wool, 55/56", No. 1, double New York. warp 50", Middlesex, Boston. New York. Per yard. Per pound. | Per pound. .135 .215 80.128 . 121 .102 .145 .235 80.248 .218 .198 .297 .449 80.035 .030 .029 .042 .066 80.061 .056 .052 .072 .118 80.167 .176 .225 .276 .472 80.22 .24 .27 .31 .55 80.777 .640 .788 1.050 1.556 80.563 .500 .557 .762 1.088 81.545 1.459 1.564 1.974 3.158 83.640 3.694 3.318 4.867 5.494 .295 .296 .321 .123 .172 .318 .325 .339 .152 .212 .662 .596 .733 .331 .397 .113 .099 .126 .051 .066 .195 .168 .210 .087 .103 .578 .510 .381 .169 .290 .64 .61 .61 .31 .44 2.109 1.627 1.825 1.179 1.413 1.465 1.318 1.340 .882 .838 4.040 4.009 4.179 2.933 3.101 6.273 8.880 8.273 6.035 7.219 .115 .118 .103 .094 .167 .139 .118 .121 .336 .321 .283 .278 .058 .053 .045 .043 .095 .093 .087 .076 .198 .189 .179 .31 .31 .33 .33 1.150 1.150 1.200 1.200 1.047 .885 .885 .885 3.060 3.060 3.060 3.060 5.782 5.733 5.880 5.782 May.... June.... July.... August.. .094 .286 .289 .279 .303 .043 .098 .129 .120 .124 .139 .047 .074 .071 .071 .072 .160 .154 .155 .154 .32 ,31 .29 .28 1.250 1.200 1.150 1.150 .885 .885 .885 .885 2,925 2.925 2.925 2.835 5.635 5.733 5.733 5.390 September. October November. December.. .126 .198 .177 .162 .204 .197 .182 .183 .396 .421 .397 .382 .058 .064 .060 .058 .093 .103 .105 .107 .155 .158 .156 .29 .29 .29 .31 1.150 1.150 1.150 1.250 .885 .824 .815 .815 2.835 2.835 2.835 2.835 5.978 6.027 7.154 7.595 1922. January February March April .163 .155 .159 .160 .179 .181 .183 .181 .365 .351 .353 .350 .058 .056 .060 .060 .096 .091 .180 .223 .250 .248 .35 .38 .39 .38 1.278 1.300 1.250 1.300 .815 .815 .815 .815 2.835 2.835 2.835 2.835 6.762 6.566 6.027 6.517 May.... June July August.. .159 .187 .204 .207 .208 .221 .223 .219 .370 .400 .412 .420 .064 .065 .066 .065 .093 .100 .106 .107 .290 .328 .325 .316 .41 .47 .48 .48 1.350 1.427 1.400 1.400 .815 .815 .815 .815 3.060 3.285 7.203 7.301 7.056 7.105 September. October November.. December.. .211 .200 .224 .238 .215 .228 .256 .257 .412 .424 .452 .460 .066 .072 .077 .077 .108 .117 .120 .316 .322 .332 .353 .48 .50 .51 .50 1.450 1.500 1.650 1.650 .815 .824 .950 .950 3.285 3.285 3.420 3.420 7.644 8.330 7.889 8.232 1921. January February March April 1923. January February March April , .043 .043 3.060 3.060 .245 1 Prices of cotton and wool to the producer on the 1st and 15th of each month, respectively, are weighted averages ofprices received by producers throughout the United States for all grades of cotton and wool as compiled b y the U. 8. Department of Agriculture. Bureau of Agricultural Economics. All other prices are averages of weekly quotations compiled by the U. 8. Department of Labor, Bureau of Labor Statistics, except wool prices from compilation by U. S, Department of Commerce, Bureau of Foreign and Domestic Commerce, until June, 1922, and beginning with June, 1922, compiled by 17. 3. Department of Commerce, Bureau of the Census. ' The prices of cotton and wool to the producer represent a composite of all grades as they come from the farms. The market prices, especially In the case of wool, are quoted on a specific grade above the average and Includes handling and transportation charges. 56 PIG IRON. Table 9.—INDEX NUMBEBS. Bated on data front Government and non- Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] MERCHANT PIG IRON. IRON ORE MOVEMENT.' At Sault Ste. Marie Canals. YEAR A N D MONTH. Stocks on hand. PRODUCTION. Production. Sales. 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average.. . 1922 monthly average Ship- Unfilled ments. orders. Merchant furnaces only. Steel plants making some merchant iron. 100 65 94 100 75 97 132 128 127 124 126 98 118 47 88 126 100 119 54 87 133 155 44 71 129 125 44 109 145 176 57 99 186 263 85 84 63 38 84 43 >1OO 53 94 76 62 78 54 44 28 23 29 49 45 48 109 102 94 88 86 90 1 47 40 31 49 90 34 48 z 39 34 54 37 36 32 26 24 40 63 43 38 60 45 40 38 49 29 38 85 61 6 55 64 54 63 48 64 64 64 79 60 51 67 69 79 153 1 81 65 17 83 90 92 66 75 100 MeltIngs.* WHOLESALE PRICES. Pig iron. Foundry, No. Basic 2 North- (valley ern fur(Pittsnace). burgh). Relative to 1921. Relative t o 1914. Relative to 1913. 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average OHIO FOUNDRY IRON. Composite Pig iron.' Relative to 1913. 1OO 87 93 132 259 1OO 88 93 134 265 1OO 88 92 132 259 »1OO 250 215 189 281 157 169 221 188 287 148 165 222 194 284 156 161 114 111 121 211 187 173 204 187 165 212 194 177 93 105 79 167 156 167 85 91 112 93 158 150 159 78 77 80 92 92 84 116 113 95 95 80 117 149 138 137 141 132 124 150 140 132 67 91 87 79 79 69 85 77 472 126 143 143 130 131 136 137 78 72 117 142 93 100 137 129 127 136 71 67 72 79 61 71 76 104 69 70 82 76 72 71 95 89 96 112 151 193 133 130 131 123 121 122 132 125 125 240 114 114 59 82 234 142 136 135 117 83 123 111 109 106 44 41 69 49 239 245 161 162 167 170 155 158 100 100 100 100 1921. January February March April May June ¥ , T ,,,.,. July August 55 September October November December 132 1922. January February March April May JjlTlfi , July August September October .. . November. . December . . . . . ... 112 94 66 74 115 95 32 38 283 163 165 159 111 71 51 68 89 82 21 24 348 202 181 180 83 73 46 79 103 111 121 58 80 102 113 55 57 72 245 77 89 112 114 71 64 57 88 20 21 25 30 16 16 25 41 303 297 306 295 229 210 185 171 222 210 189 169 211 201 196 173 1923. January February March April 126 i I I See footnotes on opposite page also. > Iron ore movement from the V. S. War Department, Engineer Corps; figures for pig-iron production (anthracite and coke, not including charcoal iron) furnished by the Iron Age; merchant pig iron by the American Pig Iron Association; Ohio foundry iron by Ohio State Foundrymen's Association; wholesale prices, average of weekly quotations, from V. S. D(?artmtnt of Labor, Bureau of Labor Siaiisik*, except composite pig iron, which is compiled by the American Metal Marka. * KQ allowance made fer seasonal variation in computing these ifldejc numbers. The figures represent the total iron ore movement, botb for the United States canal and the Canadian canal which is equivalent to about 83 per cent 1of the iota) iron ore production of the United States. Figures for 1913 to 1922 represent monthly averages computed from the total movement for the year cm a six months basis during the equivalent of which period the total movement takes place. The canals, however are open from April to December, inclusive, and the monthly data here shewn covers the entire season during which the canals are open. 57 PIG IRON. Table 10.—NUMERICAL DATA. Front Government and non-Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] MERCHANT PIG IRON, IRON ORE MOVEMENT.' Stocks on hand. PRODUCTION. YEAR AND MONTH. At Sault Ste. Marie Canals. Production. Sales. av.. av.. av.. av.. av.. Unfilled orders. Merchant furnaces only. Steel plants making some merchant Iron. 8,018,226 5,235,628 7,535,601 10,575,351 10,229.015 2,560,342 1,920,813 2,471,881 3,253,280 3,182,165 10,091,883 7,820,465 9,463,416 3,765,887 7,037,890 Basic (vallejr furnace) Composite Pi« lron.« Dollars per long ton. 20.71 51.82 34.46 30.31 44.90 25.13 27.03 32.51 27.70 42.25 21.74 24.26 34.38 29.91 43.80 24.05 24.81 214,302 209,414 197,240 24.96 16.31 33.84 29.96 27.66 26.71 30.00 27.50 24.20 22.88 32.62 29.95 27.35 25.80 702,289 637,820 210,243 219,175 213,672 179,431 19.34 19.64 16.67 24.14 25.36 23.84 22.09 21.86 22.00 20.75 19.38 18.20 24.47 23.08 21.57 20.29 1,131,668 1,026,769 942,829 924,922 598,700 522,047 510,990 547,708 160,457 145,327 148,540 174,842 «14.94 26.09 24.20 20.80 22.96 22.96 22.66 21.96 19.13 19.19 19.00 18.63 20.99 21.15 20.92 20.42 234,987 251,348 346,571 378,884 894,961 911,065 1,070,027 1,484,267 580,263 546,403 539,363 445,216 179,216 167,805 180,912 154,202 23.13 31.17 39.97 48.40 21.26 20.84 20.96 22.71 18.15 17.75 17.94 20.00 20.42 19.31 19.26 20.77 386,736 273,461 244,666 222,842 407,856 368,222 381,636 295,899 1,420,713 1,378,223 1,240,206 1,065,280 333,613 309,079 244,808 158,877 130,865 93,407 70,907 45,366 49.48 50.75 58.54 71.97 25.76 25.96 26.02 32.37 24.60 25.00 24.25 26.60 23.91 24.29 24.54 24.74 181,832 186,583 236,382 806,888 256,354 295,802 370,992 378,039 929,205 834,322 739,355 1,154,914 150,524 156,908 187,562 231,129 30,943 30,679 47,855 76,737 62.68 61.42 63.32 61.02 36.65 33.57 29.65 27.40 32.63 30.90 27.75 24.81 32.48 31.82 29.46 26.73 3,208,837 2,548,573 3,034,510 1,378,641 2,240,021 503,450 586,016 168,494 269,513 425,425 412,697 145,854 360,379 483,511 585,653 189,477 330,549 2,432,964 3,435,852 1,111,934 1,093,545 480,650 289,145 634,959 323,645 188,422 100,741 95,328 2,416,292 1,937,257 1,595,522 1,193,041 296,335 204,974 166,071 153,193 92,256 74,874 96,942 101,651 161,764 151,239 160,268 161,552 1,425,844 1,326,408 1,231,123 1,172,847 665,376 653,854 685,363 703,488 May June— July August.. 2,747,361 6,640,152 4,356,760 4,384,949 1,221,221 1,064,833 864,555 954,193 148,945 135,892 121,469 99,227 113,682 80,283 132,821 208,227 178,575 144,198 127,137 200,181 1,103,487 1,012,307 1,004,149 1,040,857 693,270 September. October November. December.. 3,610,454 3,209,886 493,122 985,529 1,246,676 1,415,481 1,649,086 108,432 143,762 203,145 240,484 279,938 201,604 157,487 210,485 224,280 304,325 258,725 201,485 80,634 1,644,951 1,629,991 2,035,794 2,072,114 228,667 192,804 252,957 246,884 228,467 260,094 504,631 791,970 May June July August.. 1,379,850 6,617,660 8,942,659 8,936,377 2,306,679 2,361,028 2,405,365 1,816,170 250,089 282,961 251,612 191,965 September. October November.. December.. 6,658,148 5,871,802 3,658,414 10,864 2,033,720 2,637,844 2,849,703 3,086,298 220,882 301,295 386,069 427,975 1923. January February... March April Foundry No. 2 Northern (Pittsburgh). $15.42 13.52 14.15 20.31 39.99 332,724 1922. January February... March April , Pig iron. $14.75 12.88 13.74 19.76 38.90 329,964 1921. January February... March....... April WHOLESALE PRICES. $16.00 13.90 14.87 21.07 41.39 759,572 378,925 1918 mo. av.. 1919 mo. av.. 1920 iflo. av.. 1921 m o . av.. 1922 m o . av.. Meltings.« Per cent of normal. Long tons. Short tons. 1913 mo. 1914 mo. 1915 mo. 1916 mo. 1917 mo. Shipments. OHIO FOUNDRY IRON. 1,305,073 3,229,604 See footnotes on opposite page also. Relative to 11 months' average, February-Peeembjer, 1921. < Represents percentages of actual to normal melt of gray iron foundries in Ohio, Prior to September, 1921, reports represent the month beginning with the 15th day of the calendar month. September ,1921,figuresare for the period Sept. 15 to 30 only. Subsequentfiguresare for calendar months. * Relative to 10 months* average, March-t)ecember, 1G21. « The composite pig iron price compiled by the A merican Metal Market is the average price of 10 tovs of iron distributed as follows: One tog each of Biessenw Y«#ey; No. 2 foundry valley; No. 2 X foundry at Philadelphia and at Buffalo; No. 2 foundry at Clevelend and at Chicago; two tons each oi basic valley an4 No. 2 Squthera foundry, Cincinnati. 7 Less than one. 3 58 CRUDE STEEL. Table 11.—INDEX NUMBERS. Baaed on data from Government and non- Government sources. [Base year in bold-faced type; numerical data on opposite page.] STEEL INGOTS.* YEAR AND MONTH. Production. COMMERCIAL S T E E L CASTINGS.* Total bookings. Ball- Miscel- Unfilled orders, E a r n road e n d of i n g s . special- laneous. month. ties.* Relative to 1913. Relative to 1920. S H E E T S , BLUE, BLACK, GALVANIZED.' U. S. S T E E L CORP.* Production. Unsold Shipstocks. ments. WHOLESALE PRICES. Steel Strucbillets, tural Iron Bessesteel and Sales. Unfilled mer b e a m s steel.8 orders. (Pitts- 9 (Pittsburgh). burgh).' Relative to 1913. Relative to 1920. Relative to 1913. ComC o m - posite posite finished steel.*' steel.' 1913 mo. 1914 mo. 1915 mo. 1916 mo. 1917 mo. av.. av.. av.. av.. av.. 100 75 103 137 144 90 67 94 175 98 100 70 88 165 181 100 52 95 243 215 100 78 87 170 271 100 83 93 177 269 1OO 87 94 154 266 1OO 88 95 163 259 1OO 86 92 161 252 1918 mo. 1919 mo. 1920 mo. 1921 mo. 1922 mo. av.. av.. av.. av.. av.. 142 111 135 64 110 1OO 36 100 153 37 1OO 36 125 100 36 83 146 101 170 90 96 136 105 129 68 74 1OO 48 105 1OO 830 517 100 49 101 1OO 50 135 100 32 47 183 157 218 134 132 202 174 187 131 115 215 191 249 155 144 220 193 211 156 134 213 188 222 152 134 100 79 71 57 37 38 32 27 22 37 23 18 47 39 37 33 128 117 106 99 126 89 68 64 20 25 38 47 670 739 739 713 27 34 34 49 32 25 37 61 40 39 36 38 169 164 149 145 162 162 152 147 197 185 172 167 189 180 171 170 184 176 166 165 May June July August 55 45 36 52 28 29 24 28 24 28 18 26 31 30 28 29 93 87 82 77 68 60 45 57 57 46 27 53 826 1,143 983 917 53 45 37 51 42 29 38 60 33 28 26 26 144 144 125 115 146 146 139 123 165 159 145 137 170 165 153 144 166 159 148 141 September... October November... December 53 73 75 65 35 50 61 45 38 66 78 54 34 39 50 39 77 73 72 72 63 72 51 40 60 74 70 55 791 796 826 809 56 74 69 65 94 91 58 40 32 35 29 23 113 113 113 113 123 116 106 99 134 135 132 129 138 134 133 130 136 134 128 127 i92a. January February March April 72 79 107 111 52 56 72 114 76 70 90 176 36 47 61 74 72 70 76 86 41 54 74 68 58 77 94 103 848 848 813 604 54 69 84 99 59 78 183 177 21 23 44 55 109 109 109 114 99 99 96 99 127 125 125 131 126 124 122 126 124 121 122 125 May June July August 123 119 113 100 117 135 100 96 161 195 122 82 88 95 85 105 89 95 98 101 77 94 86 93 119 119 100 120 378 383 348 317 116 115 101 113 148 181 96 110 49 61 56 49 132 136 136 140 106 106 109 116 139 140 142 151 127 129 130 137 127 130 131 138 September... October November... December 108 130 131 126 148 115 92 104 214 129 83 107 104 • 105 98 103 113 117 116 114 61 75 85 82 HI 126 126 111 365 339 491 470 104 116 119 117 123 130 107 258 51 48 41 67 153 155 146 142 137 141 136 132 166 166 160 154 146 149 149 149 146 148 146 147 1923. January 147 1921. January February March April 117 156 March April See footnotes on opposite page also. 1 Yearly figures represent the monthly avearges of total production of all companies as compiled annually by the A merican Iron and Steel Institute. The institute reports monthly production figures for 30 companies which produced 84.2 per cent of the total output of the country in 1920 and 87.48 per cent in 1921. In order to make the monthly figures comparable, they have been calculated to a 100 per cent production on the basis of the above percentages, the 1922 figures being calculated on the 1921 average. 8 Unfilled orders of steel and earnings reported by V . <S. Steel Corporation. * * Sheets, blue, black, and galvanized, reported by the National Association of Sheet and Tin Plate Manufacturers, representing Almost all the independent sheet manufacturers. 4 Bookings of commercial steel castings reported by the Steel Founders Society and principal nonmember firms to the U. S. Department of Commerce, Bureau of the Census, Reports are by 65 identical firms with a capacity of 96,900 tons per month, of which 58,700 tons are usually devoted to railway specialties. This represents over two-thirds of the castings capacity of the United States devoted to commercial castings (as distinguished from castings used in further manufacture in the same plant). » RaUway specialties include such items as bolsters, side arms, draft arms, couplers, and cast-steel car wheels, and are reported by identical firms throughout. 59 CRUDE STEEL. Table 12.—NUMERICAL DATA. From Government and non-Government sources. [Base year in bold-faced type; index numbers on opposite page.] STEEL INGOTS.' YEAR AND MONTH. Production. COMMERCIAL STEELCASTINGS.* Total bookings. 1913 1914 1915 1916 1917 monthly average. 2,523,344 monthly average. 1,901,649 monthly average. 2,607,018 monthly average. 3,450,160 monthlyaverage. 3,634,933 1918 1919 1920 1921 1922 monthly average. monthly average. monthly average. monthly average. monthly average. SHEETS, BLUE, BLACK, GALVANIZED.* Rail- Miscel- Unfilled road laneous orders, Earnspecial- book- end of ings. ties. ings. month. i 39,590 14,399 32,999 15,595 11,966 14,724 7,726 8,471 72.7 34.9 76.5 2.3 19.1 11.9 72.7 35.9 73.1 5,964 9,942 6,173 4,795 18,715 15,267 14,730 12,931 7,573 6,934 6,285 5,845 14,387 10,158 7,741 7,337 14.9 18.3 27.9 34.5 15.4 17.0 17.0 16.4 19.5 24.7 24.5 35.7 19.2 15.3 22.6 36.9 18,622 19,381 15,785 18,539 7,350 4,673 6,870 12,253 12,031 11,112 11,669 5,482 5,118 4,830 4,532 7,732 6,824 5,157 6,503 41.8 33.8 19.7 38.8 19.0 26.3 22.6 21.1 38.2 33.0 27.0 37.1 1,342,867 1,848,205 1,897,578 1,631,336 23,435 32,961 40,522 29,912 10,032 17,605 20,726 14,389 13,403 15,356 19,796 15,523 4,561 4,287 4,251 4,268 7,258 8,204 6,440 4,967 43.6 53.8 51.2 40.1 18.2 18.3 19.0 18.6 1922. January February March April 1,821,539 1,994,767 2,710,049 2,794,368 34,459 37,080 47,892 75,665 20,081 18,578 23,791 46,560 14,378 18,502 24,101 29,105 4,242 4,141 4,494 5,097 4,654 6,181 8,505 7,750 42.0 56.1 68.0 75.2 19.5 19.5 18.7 13.9 May.... June.... July August. 3,099,155 3,011,519 2,843,054 2,531,529 77,600 89,365 66,166 63,416 42,796 51,694 32,372 21,843 34,804 37,671 33,794 41,573 5,254 5,636 5,776 5,950 8,825 10,712 9,834 10,615 86.4 72.7 87.2 September. October November. December.. 2,713,511 3,283,511 3,302,809 3,177,743 97,919 75,709 60,899 56,781 34,^276 22,131 28,271 41,138 41,433 .38,768 40,722 6,692 6,902 6,840 6,746 7,020 8,566 9,663 9,323 80.4 91.8 91.3 80.4 66,109 23,973 66,264 2,518,503 1,999,859 1,795,814 1,447,016 24,679 25,209 20,903 17,726 May.... June July.... August. 1,387,698 1,147,012 918,354 1,300,950 September. October November., December.. 1921. January February March. April 1923. January February March April 3,717,071 6,911 Composite finished steelJ Dollars per pound. 25.79 0.016 26.32 O.O172 0.0166 .0143 20.08 .013 22.92 .0152 .0153 22.44 .015 24.76 .0163 .0267 .028 40.50 43.95 .0419 .0446 .043 70.10 69.86 8,635 5,995 10,023 5,331 5,648 40,601 9,733 26,519 9,574 33,265 3,587,585 2,807,900 3,406,783 1,602,933 2,773,630 Dollars Dollars Dollars per per long pound. long ton. ton. Per cent of capacity. 5,907 11,432 5,972 4,115 5,189 10,866 9,720 27,798 10,716 24,608 23,742 17,830 24,985 46,282 25,942 WHOLESALE PRICES. Steel Strucbillets, tural Iron ComBesse- steel and posite mer beams (Pitts-9 (Pitts-1 steel.* steel." burgh) burgh) I Thou- Thousands of sands of long tons. dollars. Short tons. Long tons. U. S. STEEL CORP.8 47.27 40.54 56.26 34.46 33.99 .032 .028 .028 .021 .017 56.67 50.37 65.60 40.74 37.86 119.2 113.8 105.2 112.3 43.50 42.25 38.40 37.50 .025 .025 .023 .022 51.98 48.81 45.37 43.84 .0325 .0310 .0294 25.3 17.8 22.8 36.2 96.4 81.8 74.3 75.3 37.00 37.00 32.25 29.60 .022 .022 .021 .019 43.32 41.87 38.14 35.99 .0293 .0283 .0263 .0248 .0276 .0264 .0246 .0234 41.0 53.4 49.8 47.3 57.0 55.1 35.5 24.2 94.8 102.3 84.9 68.8 29.00 29.00 29.00 29.00 .019 .018 .017 .015 35.34 35.46 34.71 33.99 .0237 .0230 .0228 .0223 .0225 .0222 .0213 .0211 39.0 50.5 61.1 72.3 35.6 47.3 111.4 107.7 62.5 66.8 128.7 161.0 28.00 28.00 28.00 29.50 .015 .015 .014 .015 33.45 32.86 32.97 34.42 .0217 .0214 .0209 .0216 .0206 .0201 .0202 .0208 8.7 8.8 8.0 7.3 84.2 83.3 73.6 82.2 110.0 58.2 67.0 144.2 179.7 166.3 144.9 34.00 35.00 35.00 36.10 .016 .016 .017 .018 36.51 36.96 37.50 39.71 .0218 .0222 .0223 .0236 .0211 .0215 .0217 .0229 8.4 7.8 11.3 10.8 75.4 84.4 86.7 84.7 75.0 78.8 65.0 156.6 150.3 142.0 121.0 198.2 39.50 40.00 37.75 36.50 .021 .021 .021 .020 43.79 43.60 42.08 40.53 .0251 .0257 .0257 .0257 .0243 .0244 .0242 .0244 60.8 294.4 94.1 30.7 138.8 81.9 .0379 .0332 .0269 .0231 .0354 .0312 .0368 .0253 .0222 .0292 .0276 .0274 41.17 See footnotes on opposite page also. The figures for composite steel compiled by the American Metal Market represent the average price per pound of steel products weighted as follows: 2J pounds bars, 1J pounds plates, l\ pounds shapes, 1J pounds pipe, 1J pounds wire nails, 1 pound galvanized sheets, and * pound tin plate. ' Composite price of finished steel products compiled by the Iron A ge includes: Steel bars, beams, tank plates, plain wire, open-hearth rails, black pipe, and black sheets. These products, according to the Iron Age, constitute 88 per cent of the United States output of finished steel. s Average of weekly prices compiled by the Iron Trade Review on the following 14 products: Pig iron, billets, slabs, sheet bars, wire rods, steel bars, plates, structural shapes, black galvanized and blue annealed sheets, tin plate, wire nails, and black pipe. Pig iron average in turn is average of 13 different quotations. 9 Average of weekly prices from U. S. Department of Labor, Bureau of Labor Statistics. 6 60 IRON AND STEEL PRODUCTS. Table 13.—INDEX NUMBERS. Bated on data from Government and non-Government sources. [Base year in bold-laced type; numerical data on opposite page.] FBT. CABS. LOCOMOTIVES. Shipments. Unfilled orders. Relative to 1913. 1913 monthly average. 1914 monthly average. 1915 monthly average. 1916 monthly average. 1917 monthly average. 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly average. average. average. average. average. DoTotal. mestic. Foreign. Exports. Domestic Under Comconstruc- pleted.' tion.* Relative Relative Relative to 1913. to 1920. to 1919. Relative to 1920. 100 39 37 75 110 100 57 90 8 143 119 8 21 121 152 62 73 65 37 35 19 100 100 100 80 48 20 1OO 25 67 1OO 23 IRON AND STEEL. Orders. YEAR AND MONTH. DoForTotal. mestic. eign. FABRICATED STBUCTUBAL STEEL.* SHIPS. 100 31 23 100 18 143 53 20 For comparison.' 100 Total.' Total.* Relative Relative to 1922. to 1913. Relative to 1913. 100 101 Imports. 142 145 130 100 139 138 120 100 56 128 220 235 100 90 89 98 102 111 106 107 70 128 194 160 180 80 61 53 101 138 38 8 127 125 130 87 168 239 172 101 71 64 14 17 19 47 34 40 37 5 63 Sales. Per cent of capacity. 67 30 1OO 1921. January... February. March.... April 72 58 53 60 135 97 102 125 51 41 34 21 43 36 27 20 26 2 13 3 92 85 78 64 32 42 34 45 35 72 77 28 58 62 May.... June July.... August. 25 26 19 31 52 39 29 40 22 19 18 18 28 25 28 21 2 14 56 50 45 44 31 47 24 22 69 92 83 82 56 74 67 66 62 September. October November. December.. 35 25 46 48 13 27 16 23 24 20 25 45 42 28 5 62 67 5 32 28 26 26 14 18 13 119 135 137 95 108 110 79 41 47 55 69 47 50 52 41 41 1922. January February. March.... April 24 14 13 7 10 36 32 12 16 18 25 47 16 19 29 58 14 15 17 24 105 138 114 300 23 12 17 18 15 11 2 10 105 114 202 235 80 87 154 179 62 49 78 81 96 80 124 119 50 43 53 70 May.... June July.... August. 23 37 42 49 49 61 111 118 47 45 61 78 56 55 80 104 29 24 23 25 174 125 130 15 19 18 19 22 6 5 214 192 180 179 146 137 136 82 77 56 52 137 130 94 87 87 147 273 188 September. October November. December.. 39 47 52 103 121 131 176 111 116 122 120 151 159 168 168 27 28 28 22 22 5 10 168 150 127 153 127 114 96 116 48 46 47 54 77 79 76 "288 121 171 221 190 21 128 22 22 22 12 1923. January.. February. March April 197 13 135 See footnotes on opposite page also. i Locomotive shipments and unfilled orders reported direct b y principal locomotive companies: Freight car orders by domestic railroads compiled by the Iron Trade Review; vessels under construction and vessels completed, U. S. Department of Commeice, Bureau of Navigation; fabricated structural steel bv the Bridge Builders and Structural Society up to April, 1921, and since then compiled by U.S. Department of Commerce, Bureau of the Census, including reports from the Structural Steel Society; iron and steel exports by V. S. Department of Commerce, Bureau if Foreign and Domestic Commerce. » Gross ton represents in units of 100 cubic feet the en-ire cubical capacity of the vessel, includmg crew and engine space. 61 IRON AND STEEL PRODUCTS. Table 14.—NUMERICAL DATA. From Government and non-Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] FBT. CABS. LOCOMOTIVES. Shipments. YEAB AND MONTH. DoForTotal. mestic eign. 1913 m o n t h l y average. 1914 m o n t h l y average. 1915 m o n t h l y average. 1916 m o n t h l y average. 1917 m o n t h l y average. 1918 m o n t h l y average. 1919 m o n t h l y average. 1920 m o n t h l y average. 1921 m o n t h l y average. 1922 m o n t h l y average. Sales. IMPer EXPOBTS. POBTS cent of caForcom- T o t a l 7 pacity. parison.6 Total.' Total.« Gross tons.* Short tons. Per cent of normal. Domestic. Number of cars. Number of locomotives. EBON AND STEEL. Under conComstruction.3 pleted.* Orders. Unfilled orders. DoForTotal. mestic. eign. FABRICATED STBUCTUBAL STEELS.- SHIPS. Long tons. 306 119 114 230 336 10,500 6,000 9,500 15,000 12,500 31,881 26,354 18,760 27,118 75,112 95,567 96,267 135,800 138,800 124,617 371 223 199 112 106 16,000 121,208 119,617 124,708 83,100 160,783 55.6 53.4 53.8 35.1 64.3 444,835 366,663 412,030 183,980 139,473 169,073 14,052 26,837 36,626 10,088 791 429 131 99 14,998 489 389 330 198 183 153 115 84 2,700 200 1,400 350 1,067,293 i 208,967 977,903 ! 111,609 901,229 j 145,852 734,904 120,508 42,700 33,200 68,700 73,500 18.0 14.0 29.0 31.0 546,402 394,638 230,253 162,793 17,104 3,672 4,505 4,935 167 137 116 147 121 108 120 90 250 1,500 900 150 645,224 i 109,393 581,631 164,335 519,564 | 84,918 513,863 \ 78,415 66,400 87,700 79,400 78,200 2S.0 37.0 33.5 33.0 142,553 107,152 86,939 75,646 12,570 9,044 10,633 9,706 102 117 139 143 107 191 179 122 550 6,500 7,000 550 439,735 365,686 319,426 296,944 89,709 50,265 61,599 46,108 113,300 128,700 131,300 94,100 47.8 54.3 55.4 39.7 94,838 106,584 125,516 134,447 13,178 13,910 10,997 10,798 147 173 255 515 60 66 75 102 11,000 14,500 12,000 31,500 260,599 222,559 197,011 211,918 52,764 38,359 6,203 34,308 100,300 109,300 193,500 224,800 40.1 43.7 77.4 89.9 140,784 112,812 178,113 184,991 162,217 135,758 210,095 200,735 13,405 11,537 14,149 18,720 497 495 712 926 124 101 99 109 18,250 13,100 13,700 1,620 220,727 209,060 218,999 249,394 21,419 16,959 19,356 11,511 204,500 183,500 172,300 170,800 81.8 73.4 68.9 68.3 187,732 177,067 128,326 119,067 231,260 220,112 159,338 146,961 23,097 39,154 72,425 50,050 116 118 118 94 10,350 12,700 18,000 23,255 255,431 258,373 257,328 251,858 15,834 33,815 27,720 43,294 160,300 143,300 121,000 145,800 64.1 57.3 48.4 58.3 109,207 104,474 106,486 124,613 130,728 10 76,393 134,095 128,503 89 13,390 89 1,323 894 43 337 206 18 26,556 24,027 23,533 25,906 26,974 218,549 351,158 1,155,691 235,945 613,617 105,973 234,438 26,795 2,000 110 69 50.3 228,801 50.4 129,123 70.0 293,207 69.4 503,971 60.2 536,980 6,667 1,838 1921. Januajy... February. March April May.... June July.... August.. September. October November. December.. 1922. January... February. March April May.... June July.... August. September. October November. December.. 1923. January... February. March April 220 149 672 177 107 542 161 112 445 185 138 282 75 57 288 80 43 245 57 32 236 95 44 237 106 51 209 75 53 308 14 318 30 265 74 11 207 44 40 239 39 35 330 21 13 617 70 54 621 114 67 596 29 128 122 811 151 130 1,035 119 113 1,463 1,347 145 133 1,538 1,420 159 144 1,619 1,501 210 194 1,592 1,498 229 217 12 1,788 See footnotes on opposite page also. » Tonnage under construction on the first of the month refers to the gross tons of shipping, building or under contract to build for private owners. Includes only steel vessels of over 100 gross tons. Does not include Government ships or ships building or contracted for by U. S. Shipping Board. 4 Includes ocean-going, lake and river vessels built and officially numbered by the V. S. Department of Commerce, Bureau of Navigation. Includes vessels of the U. S. Shipping Board and private American owners, but not vessels built for foreign owners. 6 Percentages of capacity calculated from reports of the Bridge Builders and Structural Society up to April, 1922, and applied to estimated total capacity each year based on a special survey by the Bureau of the Census (see text,page —, for details). Beginning with April, reports received from 158 firms with a total capacity of 220,790 tons have been prorated to the estimated total capacity of the United States, 250,000 tons for comparison with previous figures. • This column gives a total of pig iron and rolled products as used in the Iron Trade Review, which is comparable each month back to 1913. 7 Beginning with January, 1922, all commodities are given in quantities in the export reports, many of which were previously available only on a value basis. This column gives the total of all pig iron and rolling-mill- products as compiled by the XI. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. 62 MISCELLANEOUS METAL PRODUCTS. Table 15.—(A) I1TDEX NUMBERS AND (B) NUMERICAL DATA. From commercial and trade sources.1 [Base year in bold-faced type.] STEEL BARRELS AND DRUMS. STOKERS. Sales. STEEL BARRELS AND DRUMS. STOKERS. AGRICULTURAL PUMPS. Sales. BRASS STOPCOCKS.* Shipments. i YEAR AND MONTH. ProShip- ducTotal ments. tion. Num- horseber. power. Relative to 1919. Unfilled orders. Production. Shipments. Unfilled orders. Total Num- horseber. power. Per of Number. cent capacity. Relative to 1921. ! 284 183 73 130 52,782 65,919 27,262 60,409 37 46 52 96 93 86 93 i 104 132 ! 105 105 148 116 111 95 145 113 76 65 68 132 118 80 91 150 179 July 61 47 76 68 116 71 133 158 September October November December 49 68 41 89 77 120 68 250 100 78 31 56 100 125 52 115 j 100 172 1AA 195 16 20 22 41 21 33 44 56 70 73 81 111 74 88 89 118 29 32 42 50 78 58 65 85 80 80 86 139 September October November December 47 23 26 25 69 33 41 38 1992. January February March Arpil 35 32 50 53 Power pumps hydro- Total.' pneumatic pumps. Number. Dollars. Orders Orders received. shipped. Number of pieces. B.—NUMERICAL DATA. A . - I N D E X NUMBERS. 1919 mo. av 1920 mo. av 1921 mo. av 1922 mo. av Pitcher, hand, and windmill pumps. '100 I 1 112,042 17.4 * 284,557 192.386 34.0 10,921 17,521 23,053 29,651 78,587 81,763 91,248 124,251 12.8 15.3 15.4 20.5 68 76 98 116 40,889 30,597 34,073 44,586 89,610 89,548 96,754 155,521 16.1 15.0 16.2 22.9 243,490 247,320 ioa 109 97 83 110 54 60 58 36,401 17,596 21,626 20,224 117,112 i 165,899 130,199 124,006 lfi-6 25.2 19.7 13.3 240,616 255,423 226,677 193,814 90 97 159 207 87 106 120 149 81 75 116 125 34,157 35,663 69,716 62,027 89,216 101,830 168,476 200.214 15.6 16.9 27.7 36.1 204,204 248,315 281,794 350,445 201 238 197 218 243 230 230 237 178 182 143 132 143 109 177 160 61,391 37,239 70,230 83,310 225.372 266,944 220,992 244,271 42.2 40.1 40.0 41.2 410,477 427,739 334,881 309,044 184 169 173 180 213 206 213 222 138 122 165 181 206,448 189,484 194,069 201,319 37.0 35.9 37.1 38.7 322,632 287,141 385,881 424,107 142 332,228 "172,719 «163,353 109,307 277,926 264,228 123,768 282,194 342,515 350,447 353,476 338,236 379,008 338,307 381,182 267,955 224,313 1921. January February March April Mav June July .... May . June l 40,505 115 63,167 158 596 535,808 »208 5131,699 53,942 60,538 3,837 4,116 $608,082 663,535 634,767 686,767 50,799 55,735 3,731 3,697 626,992 649,629 1923. H March April I jl ! i ! i Stoker sales from the Stoker the industrv; Stoker Manufacturers'A Manufacturers'Association, ssoctatton,said said to to represent represent approximately approximately 99 99 per per cent cent of orthe industry; steel steelbarrels barrelsand and drums drumsfrom from the the Steel SteelBarrel Barrel ManManufacturers* Association; cultural agricuT pump * shipments *' * " ' Reserve * Bank " of' Chicago ' . . with*the , _National , . „ . . Association . _ Equipment „ . compiled by the Federal in .cooperation of Farm Manufacturers and covers 22 firms. is. except for May and June, when only 21 firms reported; brass stop cocks from The National Association of Brass Manufacturers* > Relative to six months' „ . ,July . ___„to December, ,1921. is' average, »Thesefiguresinclude, besides the articles shown in the other two colums, the value of cylinders shipped separately < Data represent the total of 22 different classes of stop cocks reported to the association by its members. * Figures are incomplete owing to the failure of 2 or 3 member companies to report * Average for last seven months of 1922. 63 PRODUCTION. Table 16.—INDEX NUMBERS. Based on data from Government sources. [Base year in bold-faced type.] DEPARTMENT OF COMMERCE INDEXES. Manufacturing. Raw Materials. YEAR AND MONTH. Miner- als.i Crop Animal Miner- marketprod-3 als.* ing.2 ucts. Forestry.4 1 Relative to 1909-13 j average. 1909-13 monthly average { FEDERAL RESERVE BOARD INDEXES. Total identical Grand AgriculTotal.* comture^ total.* modities.6 Min-9 ing. Manufacturing.10 Basic commodi- Relative to 1913. Relative to 1919. 100.0 1913 monthly average 109.8 100.0 1914 monthly average 102.4 1915 monthly average 111.2 88.3 96.6 114.8 1916 monthly average ! 127. 2 ! 135.2 1917 monthly average 1918 monthly average 100.0 100.0 100.0 95. 4 97. 5 106.3 101.6 85.5 111.5 98.5 102.8 108.1 100.6 80.9 90.4 95.2 98.4 100.0 115.7 85.6 91.3 100.0 93. 9 j 112.1 ! 112.7 98.0 85.9 96.4 116.0 110.5 100.2 105. 0 80.6 97.6 134.4 108.8 100.0 113.9 93.3 99.0 105.9 | 105.9 92.2 96.8 88.3 98.9 86.0 90.3 84.3 119.5 96.2 93.8 66.1 95.0 86.1 99.5 102.2 60.6 67.1 80.4 84.3 105.3 89.8 94.2 81.3 79.6 74.0 80.8 77.5 105.0 81.1 79.4 66.3 102.8 87.5 86.8 78.7 84.5 77.4 87.8 83.1 84.0 84.5 81.2 78.8 May.... June... July.... August. 98.6 107.6 97.2 103. 4 95.1 101.8 92.3 98.2 83.1 89.0 102.2 126.8 102.6 101.8 90.9 96.4 93.2 92.3 86.9 93.0 91.7 95.4 96.2 110.6 79.7 81.4 74.4 81.4 73.6 82.2 93.4 116.7 84.7 83.9 76.7 82.8 84.4 87.1 80.1 90.7 76.9 77.0 75.1 78.7 September.. October November.. December.. 97.1 110.4 93.7 87.6 93.2 103.7 90.1 85.1 152.7 176.6 121.6 118.3 94.9 100.1 97.9 103.3 88.9 92.5 96.2 90.6 120.9 135.6 107.2 106.1 81.5 88.8 88.2 83.4 81.2 115.3 130.9 104.6 93.9 81.6 93.9 86.0 82.0 90.2 94.6 89.5 81.3 79.3 82.7 85.6 83.5 January.. February. March April 95.4 99.1 120.8 67.8 93.0 96.1 116.2 62.5 102.3 96.3 77.8 54.5 96.4 87.8 102.5 106.9 89.9 85.7 99.3 101.7 98.2 93.2 93.6 74.1 85.2 82.3 93.6 88.6 83.8 82.1 96.7 92.7 57.4 90.0 94.9 117.1 58.6 87.0 80.2 90.9 84.7 86.6 91.0 95.2 85.5 May.... June July.... August. 80.1 97.3 98.9 106.8 72.7 85.6 84.6 91.4 86.3 75.6 80.1 116.4 119.6 113.6 105.7 101.0 122.1 127.9 116.2 125. 4 95.5 91.5 90.4 107.5 100.5 102.7 97.8 102.1 106.8 112.3 103.4 110.1 82.6 75.1 79.8 106.7 67.9 70.6 65.4 67.5 98.1 99.1 95.3 104.6 92.3 94.4 94.7 93.6 September. October November.. December.. 128.4 143.4 137.1 130.2 114.8 128.0 123.7 119.9 165.8 194.6 160.3 142.7 99.2 111.5 84.1 118.7 122.9 123.1 120.7 103.1 133.4 153.5 128.5 129.2 100.7 108.2 108.3 104.8 113.6 112.9 128.8 154.2 137.9 121.3 99.9 118.5 120.1 124.5 100.3 107.5 109.4 99.8 100.3 107.0 115.6 115.4 1919 monthly average 113.6 1920 monthly average 126. 2 1921 monthly average 98. 2 1922 monthly average. 100.0 i 100.0 100.0 100.0 1921. January February March April 1922. January.. February. March April 77.7 70.7 1923. 1 Weighted average of 9 commodities representing about 87 per cent of the total mineral production: for details, see May, 1922, issue (No. 9) and September, 1922, issue (No. 13) of Survey of Current Business. 2 Weighted average of 20 commodities representing about 94 per cent of the total crop production: for details, see July, 1922, issue (No. 11) of Survey of Current Business. » Weighted average of 9 commodities representing about 99 per cent of marketed live stock and live-stock products: for details, see June, 1922, issue (No. 10) of Survey of Current Business. < Weighted average of 13 commodities representing about 80- per cent of forest products marketed: for details see August, 1922, issue (No. 12) of Survey of Current Business. 5 Weighted average of above groups: for details see September, 1922, issue (No. 13) of Survey of Current Business. « Weighted average of 62 commodities with comparable monthly figures from January, 1920, and representing about 36 per cent of the entire manufacturing industry, based on value added by manufacture: for details, see January, 1923, issue (No. 17) of Survey of Current Business. 7 Weighted average of 70 commodities with comparable monthly figures from November, 1921, and representing about 44 per cent of the entire manufacturing industry: for details, see January, 1923, issue (No. 17) of Survey of Current Business. s9 Weighted average of 14 commodities: for details, see March, 1922, issue of Federal Reserve Bulletin. Weighted average of 7 commodities: for details, see March, 1922, issue of Federal Reserve Bulletin. Jo Weighted average of 34 commodities: for details, see March, 1922, issue of Federal Reserve Bulletin. 11 Weighted average of 22 commodities corrected for seasonal variations: for details, see December, 1922, issue of Federal Reserve Bulletin. 64 NONFERROUS METALS. Table 17.—INDEX NUMBERS. Based on data from Government and non- (Government sources,1 [Base year in bold-faced type; numerical data on opposite page.] COPPER. ExProduc- portstion Pigs, YEAR AND MONTH. smelter). Ingots, etc. TIN. PriceIngots, electrolytic (New York;. ImportsStocks. Bars, blocks, etc. ZINC. PricePig (New York). Produc| tion Receipts (total Stocks. at St. priLouis.: mary). i LEAD. Shipments from St. Louis.* PricePrime western (New York). I ShipReceipts ments at St. i from Louis.' St. Louis.3 Price— verized (New York). Relative to 1913. 1913 monthly a v . . . 1914monthly av... 1915monthly av... 1916monthly a v . . . 1917monthly av... 100 100 100 100 94 107 95 92 113 76 110 113 100 87 97 157 78 175 171 147 100 78 84 96 193 100 49 35 43 160 114 241 268 89 155 154 113 187 137 135 132 193 132 276 168 159 372 131 207 169 100 102 141 100 100 100 100 100 99 95 90 275 106 88 110 107 247 289 109 104 100 1918monthly av... 1919monthly a v . . . 1920monthly av... 156 83 157 17 124 190 149 101 124 212 142 164 138 105 52 122 55 78 146 132 92 114 203 127 131 91 131 99 73 114 183 110 112 138 99 114 193 139 201 83 184 47 67 62 196 72 108 1921 monthly av... 39 73 80 127 1922 monthly av... 81 86 85 134 1921. January February March April 84 78 82 138 27 79 90 75 87 82 192 55 73 62 87 55 78 188 32 64 50 59 79 132 26 May.... June July August. 24 46 82 139 19 71 82 17 67 80 21 59 75 September.. October November.. December.. 21 85 24 74 22 1922. January February March April May June July.... August. September.. October November.. December.. 1923. January February March April 49 73 90 192 56 105 66 75 104 309 110 132 187 78 99 101 133 51 192 55 60 92 153 30 106 54 202 52 69 89 141 57 92 68 57 200 33 62 90 163 62 97 21 72 62 211 31 67 92 243 78 113 138 43 65 67 221 20 32 85 220 73 103 136 37 62 54 227 24 40 82 181 51 100 95 54 59 51 213 27 64 256 56 100 76 95 61 60 50 200 64 81 203 52 105 81 111 46 61 50 174 62 86 88 182 65 107 103 83 71 72 65 73 165 69 88 89 168 44 107 18 87 86 92 73 76 164 72 122 90 256 49 107 162 70 102 356 212 369 97 78 282 70 107 107 107 116 25 75 86 72 95 71 37 75 82 76 97 68 78 61 115 81 167 165 65 92 148 73 86 75 100 80 148 110 68 88 127 57 46 87 83 86 90 158 110 84 84 104 69 95 99 86 94 372 124 126 93 93 87 128 131 70 99 73 101 83 98 369 129 133 92 90 131 90 87 196 133 70 110 70 61 46 103 265 80 98 87 152 86 72 109 53 48 79 113 294 140 133 95 87 «77 72 115 46 43 59 118 351 125 140 158 102 74 87 155 77 138 44 71 76 124 340 165 152 101 79 87 146 82 139 48 65 61 129 242 110 165 102 71 90 201 84 148 45 63 127 252 73 166 255 78 182 43 See footnotes on opposite page. 48 65 NONFERROUS METALS. Table 18.—NUMERICAL DATA. From Government and non-Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] COPPER. YEAE AND MONTH. Production smelter) ZINC. TIN. PriceImProducExIngots, ports— Pricetion ports— electroPig (total Pigs, Bars, Stocks. (New lytic priingots, (New blocks, York). mary). etc. etc. York). Thousands of pounds. Dollars per pound. Long tons. Thou- Dollars per sands of pounds. pound. Stocks. LEAD. PriceShip- P r i c e ShipPrime Receipts ments Receipts ments desilat St. from St. westat St. from ern verized Louis.* Louis.* Louis.s (New St. Louis." (New York). York). Dollars per pound. Thousands of pounds. 28,385 $0,058 26,834 .053 30,490 .144 32,482 .140 47,759 .093 8,752 $0,044 9,299 .039 9,516 .046 7,810 .068 11,425 .091 .083 .074 .081 .052 .061 8,995 7,195 11,024 10,490 16,905 12,070 7,975 7,298 4,866 9,627 .07* .058 .081 .046 .058 28,002 17,025 19,564 17,586 .059 .054 .052 .052 7,311 8,392 7,733 8,916 4,445 2,630 4,948 5,402 .050 .047 .041 .043 8,594 5,426 6,613 7,596 18,985 9,087 11,406 18,053 .054 .049 .048 .047 13,308 12,044 9,894 14,011 6,819 6,416 4,428 4,922 .050 .045 .044 .044 162,270 141,648 134,098 133,216 17,585 17,110 19,198 20,016 25,402 24,302 24,862 34,593 .048 .051 .052 .053 11,098 9,955 9,208 14,006 4,553 5,681 3,833 4,318 .047 47,412 45,026 53,064 51,012 131,356 128,248 120,524 103,456 19,414 10,698 20,187 15,854 29,052 31,323 24,313 13,132 .051 .049 .050 .052 19,500 11,604 20,232 15,434 8,514 6,787 7,325 6,108 .047 .047 .047 .051 .309 .315 .315 .325 54,838 57,094 63,834 62,846 80,818 59,152 57,236 43,258 27,065 28,082 16,977 13,355 24,323 23,650 13,158 22,364 .055 .057 .060 .066 20,344 20,222 14,486 16,112 10,856 11,306 11,002 12,284 .055 .058 .058 .059 .346 .369 .377 66,268 79,880 80,400 85,682 37,612 36,086 38,994 36,504 11,791 19,531 18,044 17,328 16,882 21,610 17,331 16,646 .072 .075 .074 19,245 18,618 13,254 13,805 10,935 14,410 9,615 6,382 11,806 13,556 13,938 6,822 57,780 58,840 81,586 111,242 111,596 81,318 40,190 28,506 35,196 107,442 27,675 27,360 30,541 44,323 76,461 11,876 7,475 10,503 4,517 .852 .655 .503 .299 86,320 76,500 79,962 35,932 62,280 82,482 74,970 80,886 159,657 72,770 34,369 31,430 31,644 13,549 18,194 60,060 57,666 54,881 20,739 21,149 2,546 3,546 3,476 2,441 2,584 5,270 3,028 2,484 .355 .326 .288 .304 51,832 35,538 31,482 33,100 151,906 156,040 164,504 21,539 15,271 14,476 9,163 .128 .128 .125 .117 2,571 2,546 2,521 1,761 2,022 4,133 3,566 5,201 .322 .290 .278 .266 36,052 38,886 30,990 29,242 171,624 179,778 184,816 173,098 60,170 52,486 72,786 61,518 .120 .127 .130 .136 1,756 2,041 1,316 1,696 5,7964,352 6,886 8,880 .268 .276 .289 .326 28,734 29,034 42,270 44,026 25,848 37,416 62,305 77,026 53,130 52,862 80,853 70,145 .136 .129 .127 .126 1,331 1,406 3,086 2,731 9,103 9,295 15,783 10,526 .320 .305 .291 .305 May.... June July.... August. 92,048 95,222 93,486 100,320 62,891 65,604 63,596 62,612 .132 .136 .137 .138 1,921 2,371 3,616 2,806 8,490 12,552 12,683 8,219 September.. October November.. December.. 96,495 103,881 102,845 103,845 58,167 52,185 55,788 50,362 .138 .137 .136 .141 1,236 2,859 2,699 3,704 *7,379 15,086 av. av.. av., av., av. 102,040 95,845 115,668 160,654 157,177 1918 monthly av. 1919 monthly a v . 1920 monthly av.. 1921 monthly av., 1922 monthly av.. 159,045 107,202 100,755 39,336 82,661 58,726 36,653 51,771 51,293 60,683 .247 .191 .180 .126 .134 312 1,015 3,371 2,351 2,481 1921. January February March April 85,929 76,508 89,127 51,107 54,855 62,480 38,720 41,495 .129 .129 .122 .125 May.... June July.... August. 24,235 19,434 17,790 21,414 32,259 50,172 47,324 41,249 September.. October November.. December.. 20,927 24,614 22,348 18,595 1922. January February March April 1923. January February March April 70,461 $0,157 75,245 .134 53,567 .173 55,260 .275 79,818 .294 1,847 1,700 2,079 3,153 2,535 3,354 Dollars per pound. 5,476 15,048 15,838 14,670 20,390 9,560 $0,449 8,351 .353 9,273 .376 14,085 .433 12,908 .594 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly Thousands of pounds. .046 .047 .047 .062 .067 .072 .073 1 Copper production, representing smelter productionfromdomestic ores, for 1913 through 1920, from U. 8. Geological Survey, 1921 and 1922figuresfromA merican Bureau of Metal Statistics representing mine production; Stocks of tin from New York Metal Exchange; Production and stocks of total primary zincfromAmerican Zinc Institute; Receipts and shipments of zinc and lead at St. Louis from Merchants Exchange of St. Louis; Exports and imports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; Wholesale prices from U. 8. Department of Labor, Bureau of Labor Statistics, representing average of weekly prices. 1 Converted from data in slabs of 80 pounds each. 1 Convertedfromdata in pigs of 50 pounds each. * Covers fi^t 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October. 29011°—23 5 COAL. Table 19.—INDEX HTJMBEfcR. Based on data from Government ttt>urc€t*S [Base year in bold-faced type; numerical data on opposite pa^-l BITUMINOUS. ANTHRACITE. COKE TH.fr, Prices. YEAR AND MONTH. Production. Exports.' Wholesale, Mine Kana- Retail, Chiaver-5 wha cago. age. f.o.b. Cincinnati. Rela- Relato tive to tive 5-year 1913. 1909-13 monthly average. 1913 monthly average... 1 0 0 1914 monthly average..-. 1915 monthly average... 1916 monthly average... 105 1917 monthly 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922monthly average... average... average... average... average... average.. 1921. January February March April May June July August.. September.. October November.. December.. 1922. January February March April May June July.... August. September. October.... November. December.. Prices. Relative to 1913. average. Pro- Stocks, ExWhole- Retail, ducend of sale, tion. month.3 ports. chest- chestnut, nut, New New York. York. Relative to 1913. RelaRelato tive to tive Relative to 1913. 5-year 1921. average. prod- Prfc*. Exports. uct. Relative to 1913. Connellsville. RelaRelative to tive to 5-year average. 1913. POWER PTUiDff;TIOV. Public utility plants. Relative to 1919. 1OO 100 100 100 102 100 120 100 100 99 111 100 100 127 100 93 91 100 102 97 103 100 144 150 122 101 96 121 105 115 163 264 208 144 109 161 121 151 210 177 136 108 129 98 136 211 187 143 96 119 261 459 266 176 97 105 Beehive 100 1OO 137 Production. 100 100 88 68 103 100 69 82 111 91 100 74 73 105 106 150 120 133 112 121 99 176 143 338 129 132 91 204 172 245 129 156 155 59 198 73 194 140 179 177 62 242 94 443 198 194 17 157 32 149 105 200 197 24 224 52 293 122 109 100 113 87 157 207 207 178 99 85 84 295 237 198 58 1C3 205 265 255 197 101 23 101 200 209 41 215 52 227 79 115 225 232 189 105 33 101 200 204 31 178 37 213 98 78 105 214 221 187 101 53 107 200 199 21 167 34 205 105 71 132 213 221 179 105 67 128 191 12 143 26 152 100 85 228 218 221 179 102 79 151 193 190 11 150 21 136 101 87 302 205 209 179 106 105 172 195 190 8 133 27 127 100 78 241 195 209 177 131 135 198 192 6 122 26 119 101 154 197 186 178 149 130 198 192 131 25 115 105 100 121 90 110 193 186 144 97 154 100 201 191 10 134 24 131 104 112 121 189 186 157 103 131 107 201 191 15 164 31 134 110 92 98 191 186 188 93 135 114 201 191 17 167 42 122 112 79 70 184 175 185 81 140 106 201 191 18 176 32 113 118 94 59 185 171 185 82 137 78 200 190 18 180 41 113 117 103 74 179 164 177 89 133 95 200 189 20 169 44 125 107 126 108 172 164 182 115 125 102 200 189 26 202 34 133 118 40 65 182 164 182 (0 104 38 201 189 19 210 38 183 111 51 31 252 214 180 (<) 56 49 273 232 184 43 33 380 245 185 56 39 481 302 192 1 2 2 103 107 410 336 225 65 31 198 113 157 356 291 227 112 141 198 114 147 334 291 225 112 152 117 134 336 268 225 111 133 47 19 21 189 15 240 30 246 118 14 189 16 244 40 277 118 6 189 16 235 38 441 119 10 220 19 169 36 525 126 212 22 212 48 456 125 198 31 265 53 402 134 198 198 41 276 52 295 136 200 209 44 168 287 141 1923. January February March April | See footnotes on opposite page also. 1 Except anthracite stocks from the Anthracite Bureau of Information and weighted average mine prices of bituminous coal throughout the United States from the Coal Age. Data on production of coal and coke and of electric power at public utility plants from U. S. Department of the Interior, Geological Survey; exports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; wholesale and retail prices are monthly averages from U. S. Department of Labor, Bureau of Labor Statistics. 67 GOAL. Table 20.—NUMERICAL DATA. From Government sources.1 [ Base year in bold-faced type; index numbers on opposite page.] ANTHRACITE. BITUMINOUS. Prices. Production. Exports.* Thous. of short tons. Thous. of long tons. 1909-13 monthly av. 1913 monthly av 39,869 35,225 1914monthly a v . . . 36,885 1915 monthly a v . . . 41,877 1916 monthly a v . . . 1,098 1,499 1,150 1,397 1,581 1917 monthly a v . . . 1918 monthly a v . . . 1919 monthly a v . . . 1920 monthly a v . . . 1921 monthly a v . . . 1922 monthly a v . . . 45,983 48,282 38,822 47,389 34,660 33,709 1921. January February March April YEAR AND MONTH. Mine average.* COKE. Prices, Wholesale, Kana- Retail, wha Chif.o.b. cago. Cincinnati. Pro- Stocks, Whole- Retail, duc- end of Exsale, tion. months ports. chest- chestnut, nut, New New York. York. Production. Beehive. product. Exports. Price. ELECTRIC POWER PRODUCTION. ConnellsvUle. Public utility plants. Dollars per short ton. Thous. of short tons. $1.23 1.14 1.12 1.85 $2.20 2.20 2.20 2.68 $4.81 4.93 4.89 4.87 7,627 7,569 7,416 7,298 288 346 319 295 347 $5.31 5.32 5.33 5.57 $6.97 7.00 7.17 7.34 2,799 1,945 2,292 2,955 1,059 935 1,172 1,589 73 73 49 67 87 $2.44 1.81 1.79 3.25 1,789 1,663 1,497 2,866 1,722 919 3.25 2.58 2.59 5.64 2.55 3.63 4.58 3.88 4.11 5.85 4.56 5.20 6.95 6.55 6.86 8.48 8.58 9.50 8,301 8,236 7,341 7,467 7,539 4,393 462 370 370 402 348 197 5.94 6.86 8.27 9.50 10.53 10.60 8.46 9.19 10.81 12.33 13.52 13.70 2,764 2,540 1,587 1,748 471 670 1,870 2,166 2,095 2,565 1,660 2,375 104 126 53 68 23 38 8.25 6.00 4.74 10.82 3.65 7.14 3,243,403 3,663,618 3,411,532 3,971,714 41,148 31,524 31,055 28,154 2,248 1,257 1,152 1,453 3.26 5.60 5.10 4.85 4.85 9.48 9.11 8.99 8.60 7,681 7,983 7,677 7,985 616 879 1,422 1,789 291 308 10.64 10.64 10.64 10.14 14.54 14.23 13.90 13.17 1,137 865 575 329 2,278 1,888 1,772 1,519 5.53 5.19 5.00 3.72 3,541,493 3,166,041 3,394,987 3,239,471 May June July August.. 34,057 34,635 31,047 35,291 2,500 3,315 2,650 1,695 2.68 4.85 4.60 4.60 4.10 8.59 8.63 8.50 8.57 7,752 8,071 7,309 7,459 2,119 2,817 3,495 3,971 10.24 10.36 10.50 10.54 13.24 13.24 13.36 13.36 390 232 181 1,590 1,408 1,297 1,383 3.33 3.09 2.91 2.80 3,263,766 3,244,093 3,269,709 3,410,701 September. October.... November. December.. 35,893 44,686 36,805 31,627 1,212 1,329 1,079 770 2.37 6.92 7.56 9.06 8.92 7,385 7,858 7,110 6,203 4,123 3,500 3,601 3,747 329 306 10.66 10.66 10.66 10.65 13.34 13.30 13.30 13.30 416 477 514 1,423 1,734 1,766 1,860 3.19 3.28 2.97 2.75 3,374,703 3,574,339 3,639,393 2.26 4.10 4.10 4.10 3.85 1922. January February March April 37,600 40,951 50,193 15,780 644 814 1,187 715 2.27 2.20 2.12 2.24 3.75 3.60 3.60 8.91 8.50 8.77 8.77 6,258 6,762 8,757 26 3,674 3,567 3,344 2,775 224 275 295 109 10.64 10.63 10.64 10.66 13.21 13.14 13.14 13.14 496 549 732 528 1,903 1,795 2,137 2,227 30 32 25 28 2.75 3.04 3.25 4.48 3,805,218 3,466,699 3,820,812 3,596,520 May June July August.. 20,501 22,309 17,003 22,328 340 541 366 426 3.10 3.36 4.67 5.92 4.70 5.10 5.39 6.64 8.68 8.85 8.92 9.22 35 84 116 161 1,247 500 61 40 17 29 13.14 13.14 13.14 15.33 432 458 450 539 2,537 2,580 2,486 1,794 22 29 28 26 6.00 6.75 10.75 12.80 3,823,591 3,835,430 3,871,324 4,074,908 September. October November. December.. 40,964 45,173 45,262 46,450 1,175 1,729 1,618 1,469- 5.04 4.38 4.11 4.13 7.39 6.39 6.39 5.89 10.83 10.94 10.83 10.82 4,979 8,578 8,535 8,430 14.79 13.83 13.83 14.54 606 878 1,138 1,233 2,244 2,806 2,925 3,063 35 39 38 123 11.13 9.80 7.19 7.00 4,049,204 4,332,405 4,409,880 4,574,574 2.77 2.63 2.62 2.52 2.40 2.42 2.33 2.35 Dols. per Dol:is. per long short ton. ton. Thous. of long tons. 2,673 38 152 434 496 373 287 405 440 382 10.53 10.53 10.52 10.64 Thous. of short tons. Thous. Dols.s.per of long short tons. ton. Thous. of kw. hours. 1923. January February March April See footnote on opposite page also. 6 a Does not include bunker coal on vessels engaged in the foreign trade. Average mine-price of coal in 14 representative fields weighted by the production » Excluding Hudson Coal Company. in 6each field. < Index number less than one. No quotation. 68 PETROLEUM. Table 21.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] GASOLINE. CRUDE PETROLEUM. Stocks. Production.2 Y E A B AND MONTH. Held end of month.2 Relative to 1913. 1913 mo. av 1914 mo. av 1915 mo. av 1916 mo. av 1917 mo. av 1918 mo. av 1919 mo. av 1920 mo. av 1921 mo. av 1922 mo. av Imports. Consumption. Relative to 1919. Total Price, shipments Kansasfrom OklaMexico.* homa. OH wells completed. Production. Domestic Stocks, Exports.5 consump- end of tion. month.* Relative to 1919. Relative to 1913. 100 118 1OO 100 1OO 1OO 1OO 107 97 100 82 86 87 113 139 102 104 127 62 48 121 138 115 122 154 135 98 135 122 137 169 144 213 190 87 100 . Number of days' supply. 72 113 76 73 143 99 109 212 158 246 235 93 90 153 91 82 152 105 1OO 297 160 337 244 110 1OO 1OO 1OO 1OO 178 127 79 610 201 594 364 127 123 173 124 98 189 152 96 704 202 699 182 77 130 143 131 134 222 234 132 698 224 724 192 91 Januarv February March April 183 120 67 889 227 856 364 115 140 176 103 121 171 126 81 767 180 765 207 99 118 171 79 144 198 133 83 829 207 749 187 91 127 148 121 151 193 139 89 681 195 744 187 77 129 185 116 158 May June July August 203 148 100 616 190 650 161 88 136 130 124 169 195 155 98 691 196 793 127 92 130 124 155 159 194 161 109 542 190 269 107 73 127 89 160 145 198 162 107 226 195 259 107 60 131 156 176 120 September October November December 176 165 108 616 191 817 107 49 126 114 153 109 172 166 103 784 207 776 166 47 134 154 159 97 183 170 101 876 210 814 228 56 131 150 122 105 203 177 103 929 219 898 241 70 133 117 109 124 208 187 116 883 206 851 241 72 135 163 99 149 197 199 128 814 182 781 241 72 121 124 88 173 225 211 126 944 216 800 241 83 143 172 133 181 216 225 149 786 188 864 241 91 143 189 135 189 181 157 1921. 1023. January February March April May June July August September October November December 224 235 136 945 223 861 241 95 156 182 174 220 244 137 821 221 786 241 104 159 176 177 175 225 249 140 672 230 791 206 113 173 191 198 164 225 250 133 565 242 642 134 107 167 117 204 149 219 251 138 7435 227 526 134 99 163 146 177 146 231 253 133 499 244 648 134 87 172 139 171 153 230 252 127 496 248 560 134 91 172 136 164 164 242 252 123 520 262 567 134 75 154 1923. February March April 1 See footnotes on opposite page also. Except shipments of crude petroleum from Mexico. Crude petroleum production, stocks, imports, and consumption, and completion of oil wells, from U. 8. Department of the Interior, Geological Survey; wholesale price of crude petroleum, average for the month, from U. S. Department 0/Labor, Bureau of Labor Statistics; data on gasoline from U. 8. Department of the Interior, Bureau of Mines. 8 Figures for earlier years adjusted to represent approximate net stocks to conform with data for current months. 69 PETROLEUM. Table 22.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] CRUDE PETROLEUM. Stocks. YKAB AJTD MOUTH. Production.* Held at end of month.2 Number Imports. of days' supplj on daily rate of Thousands of barrels. consumption. 1913 monthly average.. 1914 monthly average.. 1915 monthly average.. 1916 monthly average.. 1917 monthly average.. 20,704 22,147 23,425 25,064 27,943 104,962 123,709 145,914 144,556 128,201 1918 monthly average.. 1919 monthly average.. 1920 monthly average.. 1921 monthly average.. 1922 monthly average.. 29,661 31,531 36,911 39,137 45,933 1921. January.. February.. March April Consumption. GASOLINE. Total shipments from Mexico.3 Thousands of barrels. io. O«I wens com- Per barrel. Number of wells. 159 1,484 1,437 1,512 1,714 2,514 21,808 21,774 22,772 26,549 31,478 2*159 1,766 2,743 3,318 4,608 $0,934 .798 .583 1.258 1.775 1,592 1,389 763 1,565 1,383 103,886 110,026 133,115 159,237 245,673 126 116 92 111 153 3,144 4,401 9,054 10,442 10,362 34,423 34,873 43,732 43,998 48,863 5,319 7,280 12,814 15,093 15,611 2.197 2.279 3.404 1.704 1,796 37,959 35,366 40,905 40,040 125,589 132,222 139,499 146,399 78 94 96 103 13,193 11,384 12,303 10,104 49,421 39,323 45,181 42,496 18,481 16,506 16,173 16,066 May.... June July.... August. 41,985 40,354 40,252 40,894 155,267 162,463 168,821 169,682 116 114 126 124 9,148 10,255 8,047 3,352 41,391 42,827 41,403 42,500 September.. October November.. December.. 36,508 35,539 37,880 41,957 172,874 174,149 178,260 185,623 125 120 117 120 9,139 11,635 12,994 13,753 1922. January.. February. March.... April 43,141 40,814 46,634 44,635 196,228 208,851 221,588 235,962 135 148 146 173 13,097 12,077 14,004 11,659 May... June July.... August. 46,456 45,559 46,593 46,521 247,093 255,817 261,395 262,707 158 159 162 154 September. October November.. December.. 45,291 47,885 47,531 50,137 263,761 265,073 265,017 264,578 160 154 147 143 Production. Exports/ Domestic consumption. Stocks, end of month.* Thousands of gallons. 237,546 34,676 218,420 343,946 1,487 1,747 2,024 1,218 1,445 297,526 329,821 406,879 429,462 46,926 30,667 52,979 43,817 48,295 260,265 286,320 354,848 376,382 386,202 472,411 464,485 630,757 3.400 1.938 1.750 1.750 1,825 1,574 1,452 1,224 460,432 388,188 419,795 426,215 54,065 52,497 45,392 56,624 294,751 225,195 346,165 333,291 571,984 680,540 713,043 747,223 14,026 17,122 5,806 5,582 1.500 1.188 1.000 1.000 1,405 1,471 1,162 952 448,568 430,344 419,642 431,577 39,859 38,128 27,383 47,831 354,263 445,025 457,758 503,513 800,496 750,644 684,237 567,646 41,574 45,152 48,894 47,819 17,634 16,746 17,571 19,397 1.000 1.550 2.125 2.250 788 752 899 1,108 416,913 440,956 431,887 439,031 35,055 47,116 45,867 35,990 438,084 454,992 350,548 313,001 515,326 456,270 495,590 586,087 44,906 47,095 40,997 18,364 16,852 17,274 18,663 2.250 2.250 2.250 2.250 ,151 ,143 ,323 ,442 444,623 398,223 472,278 472,920 49,856 38,170 52,814 58,007 282,717 251,759 380,407 385,564 705,711 818,546 854,232 892,268 14,018 12,182 9,971 8,385 48,571 48,192 50,093 52,831 18,587 16,977 17,068 13,868 2.250 2.250 .925 .250 L,511 ,654 ,798 ,709 513,659 525,941 569,711 549,958 55,824 53,835 58,631 36,010 499,242 506,964 566,112 583,688 856,607 824,966 772,909 703,738 ^6,462 7,408 7,364 7,713 49,572 53,240 54,072 57,181 11,367 13,989 12,085 12,240 .250 .250 .250 .250 ,572 ,388 1,450 1,197 536,492 566,279 567,101 44,846 42,757 41,572 47,223 507,935 489,672 470,043 690,051 723,584 776,724 1923. January February March April See footnotes on opposite page also. * Mexican petroleum shipments from the three ports, Tampico, Port Lobos, and Tuxpam, form the best current measure of Mexican oil production. These figures are compiled from those published in the Oil Trade Journal. Current month is approximate from the Wall Street Journal. * Stocks held by refiners. ' " Exports of gasoline," as used by the Bureau of Mines, includes the items " gasoline" and " all other naphtha, etc.," as reported by tht U. S. Department of Commerce, less exports to the Philippine Islands. * Represents production transported from field of production, does not include oil consumed at locality of production. ' Covers first 21 days only, during which period the old tariff law was in effect. 70 PETROLEUM PRODUCTS. Table 23.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type.] KEROSENE OIL,. YEAR AND MONTH. GAS AND FUEL OIL. ProducProduction. Stocks. tion. KEROSTJNK OIL. LUBRICATING OIL. OIL. Produc- StOCRS. 68 78 82 1920 m o n t h l y average.. 99 126 146 71 100 89 | 1921 m o n t h l y average.. 83 134 127 102 126 110 128 110 133 108 131 105 139 84 143 87 100 96 100 B.—NUMERICAL 85 »76 99 89 100 ( DATA. 133,501 2 521,273 524,036- a 621,. 8ffl 60,137 152,113 404,847 548>221 70,122 300,582 379,472 402,522 610,116 635,607 738,454 805,318- 1,164^926 70,563 87,226 73,155 379,301 383,828 398,992 393,071 836,700 823,115 822,638 859,131 771,127 799,024 808,803 837,404 418,748 430,045 446,367 458,667 836,684 921,028 732, 542 | 993,127 758,335 | 1,005,318 813,444 ! 1,056,485 452,438 435.057 412,202 389,893 817,368 826,355 807,428 784,450 371,235 334,580 340,026 341,009 788,408 1,229,254 833,775 | 1,238,269 799,257 1,279,451 865,769 1,331,265 858,111 761,085 849,106 791,643 1,319,481 1,314,740 1,250,278 1,282,801 10O 195,136 124 85 193,341 151 i 104 143 162,094 132 100 122 81 199,140 130 104 132 84 213,742 129 105 129 88 214,804 135 109 129 99 210,668 132 120 122 114 205,375 115 129 103 125 163,082 149 119 130 103 138 169,248 153 128 137 108 155 156,157 74 151 129 151 99 162 145,225 73 145 130 162 89 162 141,637 71 137 127 165 93 160 138,724 74 130 123 161 94 150 143,652 100 1919 m o n t h l y average.. 135 Stocks. T h o u s a n d s of/gallons. A.—INDEX N U M B E R S . 1918 m o n t h l y average.. Production. Produc- Relative to 1919. 1917 m o n t h l y average.. LUBRICATING OIL. GAS 2122,526 144,234 161,491 137,212 231,172 1922 m o n t h l y average.. 1920. September.. October November.. December.. 86,230 93,230 91,180 90,895 130,450 136,195 142,181 160,522 1921. January... February. March April May.... June July.... August. September.. October November.. December.. 79 124 124 160 98 143 154,017 94 111 131 161 108 134 182,454 90 113 126 166 109 141 175,240 87 113 136 173 117 134 170,315 | I ! j 1,163,389 1,248,664 1,269,419 1,243,446 85,909 72,432 73,003 76,457 70,000 63,089 65,893 66,473 69,053 75,971 77,005 82,573 183,813 201.628 223,414 249,593 261,760 260,8S3 258,638 242,530 230,227 216,770 228,038 216,766 1922. January... February. March.... April May.... June July.... August. September.. October November.. December.. 109 135 171 105 152 172,917 111 120 171 98 161 167,220 92 107 134 162 104 147 178,785 97 108 125 167 103 147 188,809 327,484 332,330 321,428 325,836 173,824 173,650 192,924 184,383 318,890 317,574 324,586 285,520 936,742 903,057 959,029 944,289 1,321,438 1,326,940 1,358,870 1,366,612 79,848 88,824 226,293 226/904 226,691 220,668 197,935 215,203 234,436 270,577 256,259 257,879 917,858 921,606 891,590 1,364,957 1,368,749 1,352,348 82,057 87,341 89,271 214,728 217,775 226,430 106 147 172 113 140 106 142 172 114 141 99 108 151 176 130 140 94 95 149 177 126 137 101 90 144 177 116 133 110 85 145 178 124 135 120 86 140 176 127 140 1923. January.. February. March April 1 1 Data from U. S. Department of the Interior, Bureau of Mints; stocks are refiners' holdings at end of month. Six months' average, July-December, inclusive. 74,314 69,123 73,391 72,945 80,138 91,715 245,231 259,892 236,886 237,230 71 AUTOMOBILES. Table 24.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Data from Government and non-Government sources.1 [Base year in bold-faced type.] PRODUCTION. 3 SHIPMENTS.' INTERNAL REVENUE TAXES « ON— i«* r Relative to 1920. Relative to 1919. A.—INDEX 1913 mo. 1914 mo. 1915 mo. 1916 mo. 1917 mo. av.. 1 ., av..., av.. av.. av..; i 1918 mo. 1919 mo. 1920 mo. 1921 mo. 1922 mo. av..j av..j av.. av.. av.. 77 108 107 7 8 23 28 41 64 113 1OO 78 132 56 100 114 93 141 72 100 102 46 77 100 39 103 1921. January February... March April Relative to 1920. Hi Number of machines. ! Carloads. 38,458 45,307 68,218 124,468 145,066 16,048 22,598 22,462 5 84 100 61 90 6 90 13,456 23,726 20,922 16,263 27,646 39,239 12,031 25,380 100 100 54 63 79 44 38 40 61 45 30 49 61 53 46 63 64 6,485 9,986 16,287 20,187 3,185 7,507 9,939 14,197 66 77 40 101 68 79 72 94 18,608 20,269 19,514 20,758 159 107 79 67 fl » 3 fp Thousands of dollars. B.—NUMERICAL NUMBERS. 28 33 49 90 105 1OO 31 64 2 INTERNAL REVENUE TAXES« ON— ilf Us p! m JS-g 2g YEAR AND MONTH. PRODUCTION.' SHIPMENTS.' DATA. 1,958 2,115 6,167 7,500 10,680 77,199 18,938 138,*138 26,364 s $5,824 4,698 156,930 26,837 6,967 127,916 1,854 12,090 4,270 194, 514 20,254 ! 4,837 6,238 5 $1,138 5$4,305 1,263 4,250 3,374 687 2,946 799 ! 572 fi3 99 75 1,619 3,094 2,644 2,785 4,256 15,193 18,834 15,533 15,218 2,381 3,947 3,726 3,595 165,574 167,705 10,766 13,080 5,355 4,497 3,873 8,428 1,281 2,873 3,369 3,042 3,999 19,002 17,808 14,264 12,310 13,840 12,971 10,528 7,501 2,959 2,226 1,402 188 144,669 134,734 106,042 70,690 13,648 12,813 10,010 8,307 2,465 4,414 5,427 3,999 514 655 474 6,777 4,565 3,357 2,863 j I | I 384 618 767 2,282 1,942 2,695 2,722 May June July August 120 121 77 65 56 121 September.. October November.. December.. 105 98 77 51 35 63 78 57 53 41 52 38 59 79 111 143 37 37 55 63 36 31 39 58 15,357 19,636 27,753 31,334 7,479 10,173 16,917 22,381 143 180 560 2,960 81,693 109,171 152,959 197,216 9,416 13,195 19,761 22,342 2,567 2,606 3,845 4,377 457 397 487 731 1,751 2,385 2,674 2,231 832 973 505 1922. January February... March April 150 4 12 63 May June July August 164 158 139 157 157 168 150 215 168 190 162 180 98 113 52 125 78 99 49 105 34,324 34,230 29,116 32,814 28,760 33,857 28,100 36,754 7,366 7,737 7,030 10,096 232,431 263,027 224,770 248,118 23,788 25,984 21,739 24,420 6,834 7,848 8,632 981 1,254 613 1,324 2,684 3,016 3,123 3,555 September.. October November.. December.. 124 130 130 129 170 162 108 136 156 155 149 103 166 80 73 61 71 72 61 25,950 27,100 27,232 26,900 30,055 35,203 27,376 27,500 8,002 7,605 5,070 1,300 187,637 216,099 214,632 206,418 19,173 21,466 21,627 20,138 7,190 11,587 5,559 5,112 770 891 915 765 3,813 3,479 3,576 3,066 162 17 33,900 31,400 800 1923. January February... March April 73 94 133 i Automobile shipments from National Automobile Chamber of Commerce; automobile production from U.S. Department of Commerce, Bureau of the Census;internal revenue taxes on automobiles and accessories from U. S. Treasury Department, Bureau of internal Revenue. » Represents shipments from factories covering almost the entire automobile production of the United States. » Total of membership of the National Automobile Chamber of Commerce, to which are added reports from outside manufacturers, representing practically complete production. Annual figures represent complete production as compiled by National Automobile Chamber of Commerce. * Data represent internal revenue taxes collected under the revenue acts of 1918 and 1921. For taxes on automobiles and motor cycles ("including tires, inner tubes parts, and accessories therefor, sold in connection therewith") the rate is 5 per cent and payable by the manufacturer. For taxes on automobile trucks and automobile wagons ("including tires, etc., sold on or in connection therewith") the rate is 3 per cent and payable by the manufacturer. For taxes on "automobile accessories and parts sold to any person other than a manufacturer (of automobiles)" the rate is 5 per cent and payable by the manufacturer. * Six months' average, July to December, inclusive. 72 RUBBER. Table 25.—INDEX NUMBERS. Based on data from commercial and trade sources. [Base year in bold-faced type; numerical data on opposite page.] AUTOMOBILE TIRES.1 YEAR AND MONTH. Ship- ProducProducStocks. ments, tion. domestic. tion. Raw material consumed. Solid tires. Inner tubes. Pneumatic tires. ShipStocks. ments, Producdomestic. tion. ShipStocks. ments, Fabrics* domestic. INDIA RUBBER.' Wholesale Crude rubber. Imports. Island, New York. Relative to 1913. Relative to 1921. 1913 monthly a v . 1914 monthly av. 1915 monthly av. 1916 monthly av. 1917monthly a v . 100 100 123 191 233 350 76 69 83 80 1918 monthly a v . 1919 monthly a v . 1920monthly a v . 1921 monthly a v . 1922 monthly av. 281 462 489 358 68 60 41 23 23 100 141 100 116 100 100 141 100 100 100 100 128 132 133 185 84 1920. November.. December... 28 140 131 42 70 33 23 134 127 40 65 46 129 131 1921. January February... March April 39 45 64 91 126 123 109 107 51 56 85 94 33 41 60 78 122 119 110 108 45 49 72 87 81 82 132 132 123 117 May June July August.. 116 127 141 167 106 99 92 93 109 139 145 152 98 104 134 196 104 84 102 141 157 166 99 80 95 158 September. October November. December.. 106 106 97 101 79 84 93 107 88 70 104 145 126 94 92 84 104 114 104 115 88 67 110 January. February... March April , 113 115 146 132 99 111 123 130 84 82 109 110 104 115 134 117 115 134 153 158 May June— July.... August.. 150 156 136 160 131 120 115 110 138 164 141 159 132 139 136 169 September. October— November. December.. 138 147 150 146 109 111 118 109 131 136 125 154 155 168 171 151 100 131 100 100 138 152 78 27 25 37 24 341 250 24 22 67 100 96 39 44 67 97 37 44 67 96 279 227 295 270 21 21 22 22 115 104 95 94 91 113 127 152 117 120 143 166 117 118 132 171 247 359 286 343 22 20 20 20 106 131 123 114 70 71 75 73 114 104 79 90 113 103 95 95 109 109 98 101 358 493 536 607 22 26 27 26 82 74 91 102 114 112 140 132 79 79 79 75 76 84 110 119 115 100 141 129 118 103 149 135 559 691 665 449 24 20 20 21 157 135 124 114 128 173 158 184 163 187 202 238 74 74 76 82 138 144 137 158 152 151 144 164 162 165 157 188 376 528 589 563 22 21 21 22 113 120 136 125 155 149 134 167 234 242 243 218 87 93 102 106 152 162 140 147 136 150 135 142 157 172 160 161 >459 770 21 24 27 28 1922. 1923. January February... March April See footnotes on opposite page. 73 RUBBER. Table 26.—NUMERICAL DATA. Based on data from commercial and trade tource: [Base year in bold-faced type; index numbers on opposite page.] AUTOMOBILE TIRES. 1 Pneumatic tires. Y E A R AND MONTH. Production. Stocks. Shipm e n t s , Production. domestic. Stocks. Haw material Solid tires. Inner tubes. Shipm e n t s , Produc- Stocks. domestic. tion. Shipments, domestic. Fabrics. Number. Crude rubber. Import*. Pounds. \Ai\i\A. 1913 monthly av. 1914 monthly av. 1915 monthly av. 1916 monthly av. 1917 monthly av. 9,656,720 11,922,097 18,456,827 22,507,517 33,803,190 $0,807 .616 .557 .669 .648 1918 1919 1920 1921 1922 27,163,276 44,661,702 47,212,178 34,606,109 .549 .483 .333 .182 .183 monthly av.. monthly av.. monthly av.. monthly av.. 1,818,315 4,213,884 1,906,616 2,258,517 4,568,067 2,292,287 monthly av.. 2,558,178 4,866,757 2,435,158 3,178,098 6,038,662 3,054,703 1920. November.. December... 649,742 5,880,016 806,023 506,111 5,508,380 1,327,153 920,938 742,815 6,131,935 508,446 5,786,929 1,481,285 85,854 65,550 193,388 48,960 57,404 6,696,317 17,922,089 9,257,355 27,301,029 21,355 16,297 298,875 303,473 34,217 40,828 1,801,750 1,649,772 6,563,258 4,259,746 32,955,016 24,161,761 .192 .180 1921. January February... March April 703,430 819,892 1,163,314 1,651,418 965,417 740,824 5,319,605 5,193,018 1,073,756 916,627 4,597,103 1,614,651 1,346,483 4,527,445 1,785,951 1,762,122 5,586,163 5,415,464 5,044,861 4,916,772 1,042,617 1,129,881 1,643,690 1,983,571 21,220 23,355 28,710 28,859 303,753 304,374 283,808 269,985 29,116 29,599 43,926 42,080 2,598,143 2,952,058 4,474,965 6,524,668 6,625,435 7,823,657 12,075,298 17,191,149 26,911,753 21,933,165 28,508,995 26,087,408 .173 .168 .180 .178 May June July August.. 2,100,917 2,313,265 2,570,524 3,043,187 4,451,668 4,154,456 3,892,037 3,934,583 2,085,882 2,643,850 2,757,581 2,894,422 2,210,040 2,359,928 3,020,981 4,430,152 4,751,880 3,835,098 3,122,815 3,649,319 2,342,567 3,232,673 3,603,248 3,804,060 35,156 28,395 35,123 55,694 264,633 240,336 220,003 216,367 40,122 7,863,738 49,867 8,044,486 55,678 9,565,128 66,866 11,131,256 21,050,554 21,207,555 23,719,637 30,634,353 23,890,838 34,624,748 27,647,874 33,103,804 .179 .164 .164 .165 September. October November. December.. 1,929,268 1,928,271 1,756,555 1,839,738 3,340,798 3,545,030 3,908,342 3,696,519 2,047,929 1,675,169 1,342,519 1,980,264 3,274,822 2,843,918 2,126,211 2,070,098 3,827,830 4,732,016 5,203,568 4,731,021 2,645,758 2,016,371 1,540,299 2,522,710 37,441 46,274 43,537 40,478 161,832 163,299 173,451 168,515 50,276 45,911 34,556 39,520 7,580,858 6,905,681 6,349,808 6,365,014 19,476,415 19,602,342 17,608,993 18,049,077 34,546,411 47,642,303 51,731,184 58,644,821 .174 .210 .216 .211 1922. January February... March April 2,055,134 2,084,308 2,645,790 2,401,187 4,174,216 1,596,806 2,343,393 4,691,329 1,562,365 2,596,774 5,183,286 2,073,963 3,017,511 5,464,336 2,086,651 2,650,573 5,246,647 6,141,956 6,991,118 7,230,096 1,889,724 1,702,583 2,090,737 2,329,343 40,224 39,492 49,433 46,664 181,769 183,448 182,197 173,748 33,294 36,805 48,350 52,309 7,706,622 6,710,973 9,43i,205 8,623,915 21,180,446 18,466,916 26,771,245 24,125,450 54,010,946 66,744,240 64,215,222 43,407,359 .193 .163 .161 .171 May June.... July August.. 2,721,503 2,838,890 2,476,636 2,905,209 5,523,095 5,042,147 4,834,106 4,629,392 2,639,273 3,133,260 2,695,095 3,029,823 2,970,696 3,130,629 3,068,199 3,808,224 7,189,552 6,186,534 5,675,839 5,207,228 2,938,947 3,973,679 3,630,744 4,220,055 57,640 66,089 71,505 84,313 170,904 60,711 63,408 60,425 69,435 10,161,225 10,119,500 9,616,542 11,005,868 29,068,462 29,654,934 28,180,511 33,738,981 35,727,058 50,952,024 56,854,758 54,332,275 .176 .169 .172 .176 2,504,744 , 2,674,662 2,733,134 2,656,942 4,612,037 4,682,958 4,964,976 4,599,208 2,502,106 2,588,770 2,379,708 2,934,079 3,501,442 3,787,758 3,850,908 3,411,074 5,164,757 5,488,033 6,210,053 5,732,125 3,558,971 3,420,680 3,075,023 3,825,949 82,767 85,480 85,775 77,221 200,016 213,942 234,684 244,061 66,797 71,275 61,466 64,570 9,131,868 28,051,063 344,344,862 10,064,943 30,893,542 74,315,183 9,014,858 28,671,802 9,500,735 28,809,000 .171 .196 .219 .223 September October November December 176,375 1923. January February March April 1 Data furnished by the Rubber Association of America. The number of firms has increased from 36 in November, 1920, to a maximum of 66 in 1922. It is stated by the Rubber Association that this variation in the number of firms does not change the totals to any great degree, except for the omission of the Firestone Tire Company, beginning in September, 1921. * India-rubber imports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; wholesale prices, average weekly, from U. S. Department of Labor, Bureau of Labor Statistics. 8 Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October. HIDES AND LEATHER—PRODUCTION AND STOCKS. Table 27.—INDEX NUMBEES. Based on data from Government and noi%-Government sources. [Base year in bold-faced type; numerical data on opposite page.] STOCKS OF HIDES AND SKINS.i YEAR AND MONTH. Cattle hides. Calf and kip skins. Sheep and lamb skins." Total hides and skins. SOLE AND BELTING LEATHERJ OAK SOLE AND BOOTS 8ALEM OF LEATH- SKIVUNION AND ERS. HAR- SHOES? : ER. NESS.' Stocks ProducStocks ProducStocks, in in tion of tion of Stocks, end of process finished end of process finished m o n t h . of t a n - leather. m o n t h . of tan- leather. Produc- Quan-" Value. Production. 2 ning. ning. tion. tity. UPPER LEATHER.1 k Relative to 1921. Relative to 1919. 1915 mo. av.. 1916 mo. av.. 1917 mo. av.. 1918 mo. av.. 1920 mo. av.. 1921 mo. av.. 1922mo.av.. 1920. September.. October November December 100 1OO 1OO 1OO 1OO 1OO 100 81 89 83 82 96 91 96 100 88 *107 <214 100 100 100 82 88 102 100 106 66 119 86 104 88 108 99 100 100 98 122 100 100 80 111 59 86 42 40 101 102 126 78 171 110 98 60 53 123 85 103 85 87 78 109 94 86 92 61 73 92 100 97 97 116 104 100 80 105 98 91 85 81 78 97 101 74 95 105 111 96 105 85 100 86 101 87 76 70 87 77 49 61 113 103 105 111 91 99 93 101 83 75 72 66 70 44 50 115 137 100 117 96 96 87 101 83 63 63 95 44 44 49 116 120 95 115 95 100 83 101 85 58 63 93 60 40 44 114 95 98 110 98 100 99 115 93 84 72 112 74 43 46 109 100 99 107 98 101 94 99 96 87 76 90 73 41 40 May 109 103 101 107 105 100 98 99 99 92 83 96 60 43 42 June . July August 105 103 104 105 102 98 102 98 101 108 81 98 60 42 39 94 97 104 95 102 99 98 99 107 109 76 82 47 46 40 95 91 106 95 100 98 105 97 106 121 86 143 51 48 42 89 92 96 90 100 101 100 96 108 116 80 138 52 44 38 87 91 99 89 101 104 108 98 108 121 89 132 59 42 37 84 88 101 86 100 104 115 98 107 114 95 117 63 86 37 32 84 84 96 85 101 99 111 98 107 127 93 134 66 88 36 32 86 82 93 86 82 78 99 82 81 79 91 79 80 90 1921. January February March .. April September.. October November.. December... 1922. January February... March April Mav June July August September.. October November.. December... 103 95 107 100 109 129 88 126 63 91 42 36 106 93 94 102 111 121 78 113 68 89 42 37 81 103 90 99 106 107 134 78 129 82 106 53 46 80 103 90 87 113 104 115 71 107 99 97 53 45 j 77 86 85 79 102 90 88 107 100 116 70 107 95 95 55 47 77 92 83 79 99 89 92 103 97 113 72 112 101 90 60 53 77 92 73 79 96 88 92 102 99 108 74 2 108 »97 82 69 57 77 93 86 79 92 88 89 96 101 131 80 131 109 100 83 71 79 96 80 81 90 88 98 98 100 126 79 146 110 102 67 58 83 97 80 84 88 90 102 98 96 141 83 211 112 110 70 63 87 103 71 88 87 90 100 95 99 141 79 145 113 109 66 61 90 96 69 89 87 96 100 93 96 134 76 136 109 101 64 58 1923. March April I See footnotes on opposite page also. *Based onfigurescompiled by the U. S. Department of Commerce, Bureau of the Census. The data embrace returns from packers, tanners, dealers, importers, and manufacturers. As given in the detailed monthly reports, which can be obtained upon request from the Bureau of the Census, the returns for hides and skins are expressed in numbers of hides and skins. For the above summary these have been reduced to pounds on the basis of the average weights of each class. Similarly data on leather have been converted to pounds or square feet from reports in skins, sides, backs, butts, pounds, etc. * Prior to July, 1922, these figures were compiled by the Tanners' Council. Since July, 1922, they have been compiled by the Bureau of the Census and for skiver and harness production represent returns from a much larger number of firms than reported to the Tanners' Council. Hence the figures from July, 1922, on are not directly comparable with those for preceding months. The index numbers in Table 27 for the months after July, 1922, have been computed by chain relatives and take account of the percentage variation rather than the absolute variation in the figures. The index numbers show the trend of the industries irrespective of the change in the number of firms reporting. 75 HIDES AND LEATHER—PRODUCTION AND STOCKS. Table 28.—NUMEEICAL DATA. From Government and non-Government sources. [Base year in bold-faced type; index numbers on opposite page.] STOCKS OF HIDES AND SKINS.i YEAR AND MONTH. Cattle hides. Calf Sheep and and kip lamb skins. skins.6 SOLE AND BELTING LEATHERS Total Stocks hides end of and skins. month. ProProStocks, ducStocks ducin proc- tion in proc- tion of of Stocks, ess of ess of end of finfintantanished ished month. ning. ning. leather. leather. Thousands of square feet. Thousands of pounds. 1915 1916 1917 1918 mo. mo. mo. mo. UPPER LEATHER.* OAK SOLE AND BOOTS LEATH- SKIVUNION AND ERS. ER. HAR- SHOES; NESS.' Produc- Quantion. tity. Value. Production.2 Backs, bends, and Dozens. sides. SALES OF BELTING.* Stuffed sides. Thous. of pairs. Thous. Pounds. ofdols. 754,274 846,664 739,628 767,423 av. av. av. av. 1,653,073 U6,039 203,596 1919 mo. a v . 1920 mo. a v . 1921 mo. a v . 339,548 1922 mo. a v . 275,293 15,032 58,4U 32,935 52,281 27,452 430,897 193,528 111,217 355,025 I 186,434 100,679 25,657 24,557 423,021 164,216 428,169 166,770 57,986 72,963 1,876,285 1,535,290 1,499,225 1,454,780 13,274 16,653 25,751 95,244 96,974 56,266 104,885 1920. September.. October November.. December... 288,805 330,624 357,433 384,494 59,989 67,714 64,707 60,145 376,883 | 151,662 432,447 154,159 453,904 164,597 479,072 175,874 121,255 117,122 111,213 109,653 23,995 25,080 21,999 23,901 365,052 385,114 426,726 426,733 150,579 139,255 142,943 135,767 35,132 34,109 31,764 34,433 47,022 43,788 43,436 1,375,763 1,459,073 1,315,631 1,353,581 13,788 14,626 13;,034 9;,896 95,204 96,243 73,265 66,482 688,194 527,219 349,081 310,759 1,682 1,302 835 681 1921. January February.. March April 389,549 79,942 32,960 393,890 69,880 31,225 387,759 55,495 32,427 369,408 58,225 32,481 502,451 494,995 475,681 460,114 186,531 184,707 189,033 191,898 106,705 110,787 111,082 112,321 22,444 21,205 25,502 24,000 425,942 427,508 485,069 419,308 135,515 140,005 152,586 158,224 36,302 33,570 48,955 50,420 1,190,950 1,177, 888 1,351,140 1,422,727 14,234 13,987 16,867 13,484 42,236 56,971 70,194 69,922 309,474 285,575 306,146 288,584 666 600 626 552 May........ June July August 369,268 356,950 318,678 322,317 59,909 60,325 56,424 53,276 33,335 34,388 34,405 34,760 462,512 451,663 409,507 410,353 204,137 197,206 197,616 193,670 111,662 109,378 110,070 108,439 25,242 26,122 25,028 26,985 420,712 416,553 417,145 411,505 162,498 166,462 174,941 173,848 53,532 62,448 63,217 70,418 1,561,220 1,521,521 1,431,373 1,607,302 14,499 14,753 12,321 21,430 57,480 57,196 44,971 48,286 308,872 300,169 328,514 340,500 572 539 548 570 September. October.... November. December.. 301,094 53,821 31,515 296,429 53,022 32,663 285,263 51,562 33,410 283,969 49,083 31,654 386,430 382,114 370,235 364,706 193,043 194,754 193,841 195,897 112,462 116,044 115,422 110,226 25,683 27,693 29,544 28,431 408,038 413,375 415,304 415,790 177,126 177,769 175,566 176,051 67,545 69,901 65,966 73,557 1,507,185 1,676,240 1,789,396 1,753,755 20,683 19,896 17,533 20,149 49,507 55,879 60,002 62,551 23,593 24,242 311,709 299,867 262,820 258,852 525 501 439 433 1922. January February... March April 290,331 48,005 30,703 277,160 45,362 32,612 274,082 46,416 29,852 269,828 46,858 29,591 369,039 355,134 350,350 346,277 199,324 204,471 200,072 199,177 105,712 103,311 99,594 100,258 27,486 24,200 25,275 22,416 422,318 431,704 449,915 477,709 179,574 181,885 175,300 170,179 74,563 70,296 77,510 66,700 1,654,744 1,466,165 1,472,528 1,327,037 18,950 17,021 19,451 16,065 59,815 65,067 78,100 94,598 25,120 24,551 29,350 26,852 295,482 300,291 373,610 373,116 497 501 625 615 May June July August 261,935 50,187 260,278 53,721 261,069 53,828 259,982 54,282 27,855 27,428 24,155 28,236 339,977 341,427 339,052 342,500 196,639 192,151 185,927 177,672 99,609 99,295 97,549 97,873 22,576 23,640 23,554 22,822 452,651 164,434 437,151 159,699 432,185 162,337 407,794 165,277 67,275 65,570 62,807 76,067 1,320,635 1,358,973 1,397,594 1,509,364 16,099 90,813 16,815 95,953 25,239 115,561 30,629 130,103 26,227 24,831 22,686 27,676 388,686 424,377 487,469 590,618 636 721 780 967 September.. October November.. December... 267,232 281,073 294,970 305,570 26,187 26,403 23,522 22,878 349,648 363,886 378,588 384,423 174,682 97,555 169,356 100,324 168,771 100,590 168,967 106,481 25,266 26,158 25,644 25,650 413,250 415,334 402,569 395,450 164,191 158,126 162,545 157,696 73,170 81,875 81,774 77,948 1,490,938 1,550,796 1,482,074 1,425,512 34,046 49,152 33,797 31,743 28,288 30,366 30,076 27,853 475,380 499,943 467,816 451,957 797 862 826 785 56,229 56,410 60,096 55,975 131,265 133,146 134,589 129,606 27,602 23,793 26,990 1,171 1,199 1,354 710,214 1,365 694,899 1,662 548 300,090 718 427,395 1923. January... February. March April See footnotes on opposite page also. 3 Beginning December, 1919, these statistics cover amount of harness leather "stuffed" rather than that produced, but it is stated that the variation between these items is small. 4 Includes estimated production of firms outside Tanners' Council. 5 Data on sales of oak leather belting from the Leather Belting Exchange, and is estimated to represent from 65 to 75 per cent of the industry. « Includes skins with and without wool, but does not include weight of wool. T Compiled by U. S. Department of Commerce, Bureau of the Census, from aver 1,000 firms each month. Figures for the years 1919 and 1921 are those reported by the Census of Manufactures for those years. * 76 HIDES AND LEATHER—TRADE AND PRICESo Table 29.—INDEX NUMBERS. Based on data from Government sources [Base year in bold-faced type; numerical data on opposite page.] EXPORTS OF LEATHER.! IMPORTS OF HIDES A N D S K I N S . i WHOLESALE PRICES.' Leather. Hides. YEAR AND MONTH. Sole. Total Upper.3 boots and shoes. Total hides and skins. 1917 monthly average.. 1918 monthly average.. 1919 monthly average.. 1920 monthly average.. 1921 monthly average.. 1922 monthly average.. 1921. January February March... . April May... . July August . September October November December . . 1922. January » February March April May. July August September October November . December Cattle hides. Green WoSole, Chrome Men's salted, CalfMen's men's Goat- Sheep- packers' hemlock, skins, calf. black black dress skins. skins. heavy country middle " B " kid, calf, welt No. 1 grades blucher tan calf Goodnative No. 1 (Bossteers (Bosyear (Chi(Bos(St. ton). (Chiton). ton). cago). Louis). welt (St. cago). Louis). Relative to 1909-1913 average.4 Relative to 1913. 1909-1913, monthly av. 1913 monthly average.. 1914 monthly average.. 1915 monthly average.. 1916 monthly average.. Calfskins. Relative to 1913. 4 1OO 4 1OO 4 1OO 4 1OO 100 1OO 1OO 97 94 97 91 107 1OO 1OO 1OO 1OO 1OO 1OO 166 77 98 108 82 134 55 104 107 111 107 104 102 104 100 259 101 168 126 60 178 81 118 132 114 110 106 105 106 100 289 120 193 141 77 176 106 160 142 179 138 167 119 127 115 140 70 147 123 36 161 90 132 178 215 190 215 153 180 150 86 44 131 70 9 96 63 83 164 197 172 222 181 178 146 392 192 211 145 79 177 136 134 214 363 187 360 244 245 220 72 82 167 99 43 120 82 130 17C 195 189 366 288 257 255 46 40 89 68 59 78 64 72 76 79 127 193 225 195 169 50 76 54 98 85 124 164 209 150 145 111 40 132 51 24 77 25 39 91 81 142 195 233 185 183 34 28 139 50 33 73 24 49 74 71 135 195 233 185 167 20 25 134 47 42 68 16 43 63 66 131 195 233 185 183 32 35 146 52 51 61 33 74 55 72 131 195 225 158 167 4 1OO 1OO 17 18 64 78 79 91 46 115 65 90 131 195 225 158 167 29 35 56 103 97 112 113 104 76 82 128 195 225 158 167 23 49 74 80 66 105 74 59 76 81 124 195 225 158 167 33 36 129 89 86 81 123 107 76 86 121 195 225 158 167 33 43 50 77 82 85 83 61 77 158 167 38 61 52 97 121 217 153 158 36 59 35 67 55 84 80 66 58 62 195 194 225 42 85 82 121 80 90 86 77 121 186 217 153 158 50 66 67 65 57 70 70 76 90 74 121 186 217 153 158 38 50 63 38 65 33 83 67 61 90 73 121 173 217 153 158 40 46 82 44 122 68 43 87 73 124 173 217 153 158 55 91 54 71 29 78 84 85 76 72 124 158 213 153 158 41 74 55 75 25 85 106 71 73 69 124 154 209 145 140 124 154 209 145 138 158 209 145 138 124 161 209 145 138 97 124 161 209 145 138 116 97 124 173 205 152 141 123 104 124 173 204 153 141 94 90 61 89 39 104 88 121 79 71 71 91 54 105 63 138 92 100 91 81 85 76 46 93 53 125 59 28 99 99 41 73 52 149 91 194 68 167 109 53 6 135 116 125 6 33 73 50 6118 *98 6 158 33 74 63 161 145 209 24 86 60 124 100 124 167 204 153 142 44 72 63 111 85 124 167 204 153 142 1923. March April Boots and shoes. See footnotes on opposite page. 77 HIDES AND LEATHER—TRADE AND PRICES. Table 30.—NUMERICAL DATA. From Government sources. Base year in bold-faced type; index numbers on opposite page.] EXPORTS OF LEATHER.1 WHOLESALE PRICES. 2 IMPORTS OF HIDES AND SKINS.' Hides. YEAE AND MONTH. Sole. Total Upper.* boots and shoes. Total hides and skins. Thou- Thou- Thousands of sands of sands of pairs. pounds. sq. ft. 1909-1913,monthly av 1913 monthly average. 1914monthly average. Cattle hides. Goat skins. Sheep skins. Thousands of pounds. 1915 monthly average. 1916 monthly average. 827 1,412 1,623 1917 monthly 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly 3,657 2,229 10,222 1,869 1,198 1,300 6,175 3,908 17,023 7,288 3,559 6,744 1,237 1,100 1,780 1,403 747 451 52,589 30,158 62,070 42,499 29,003 2,465 632 5,380 2,928 3,995 30,890 18,421 33,940 22,922 15,015 ! 7,409 i 5,197 | 11,138 ! 6,684 j 5,260 3,822 2,903 873 527 3,508 2,501 2,209 3,108 1,114 1,169 1,125 1,231 21,961 21,519 20,185 22,464 1,645 2,265 2,881 3,503 14,699 13,947 12,935 11,679 2,027 1,989 1,305 2,714 455 765 598 849 1,574 3,137 4,310 3,142 538 471 624 33,505 44,050 34,378 38,090 5,383 6,589 4,501 5,882 17,343 21,496 20,066 15,475 1921. January February March , April May.... June.... July.... August.. Dollars per sq. ft. 42,854 * 6,815 • 1 9 , 1 6 0 « 8,199 '5,289 18,629 | 7,473 5,684 $ 0 , 1 8 4 SO. 189 $ 0 , 2 8 2 SO.27O 41,490 6,372 25,671 I 6,321 5,495 .196 ; .210 .302 46,350 5,576 .280 34,053 I 6,607 6,257 ;| .242 j .309 .215 53,856 4,076 .285 33,683 j 8,686 8,461 jj .2' .338 .388 60,526 5,221 .450 8,846 6,834 8,967 10,623 Boots and shoes. Green, WoSole men's Men's Calfsalted, hemChrome Men's black packers' skins, dress lock, calf,"B" black kid, calf, welt heavy country middle, grades GoodBucher tan calf native No. 1 (BosNo. 1 (Chiyear steers (Bos(St. ton). (Bos(Chicago). ton). Louis). welt (St. ton). Louis). cago). Dollars per pound. 2,605 4,319 6,751 7,540 average. average. average. average. average. average. 842 Calfskins. Leather. Dollars per pair. 83.11 3.17 3.25 3.71 $3.17 $3.00 3.28 3.00 3.35 3.00 4.01 3.44 .327 .301 .393 .312 -139 .180 .406 .371 .685 .368 .149 .160 .535 .484 .528 .534 .358 .350 .579 .598 .970 .985 .521 .443 4.75 5.63 7.60 8.95 7.00 6.51 5.68 5.65 7.77 8.14 5.18 4.74 | 4.50 I 4.38 1 6.60 7.66 | 5.06 | 4.34 i 2,073 2,606 2,276 3,909 .168 .136 .115 .101 .153 .134 .125 .136 .400 .380 .370 .370 .525 .525 .525 .525 7.25 7.25 7.25 7.00 5.85 5.85 5.85 5.00 5.00 5.00 5.50 5.00 3,762 9,241 6,063 10,078 6,108 5,522 3,110 5,674 .119 .140 .139 .140 .169 .156 .153 .162 .370 .360 .350 .340 .525 .525 .525 .525 7.00 7.00 7.00 7.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 6,999 4,372 7,086 September. October November. December.. 858 2,072 2,347 1,311 3,822 3,682 5,874 5,843 417 321 301 560 32,806 26,243 25,149 27,686 5,427 3,544 2,411 3,907 16,327 11,064 11,816 13,337 6,772 7,949 5,468 5,757 3,222 2,898 4,440 4,031 .141 .148 .158 .165 .160 .155 .145 .140 .340 .340 .340 .340 .525 .525 .500 .500 7.00 6.75 6.75 6.75 5.00 4.85 4.85 4.85 5.00 4.75 4.75 4.75 1922. January February March April 986 1,036 1,435 1,070 4,403 5,595 8,078 6,578 322 390 455 463 27,833 35,190 30,344 31,935 2,272 3,013 1,971 1,702 15,934 23,286 14,908 16,348 5,530 5,563 6,908 8,708 3,213 2,294 4,517 3,780 .165 .160 .139 .134 .138 .138 .135 .131 .340 .350 .350 .350 .465 .465 .425 .415 6.75 6.75 6.62 6.50 4.85 4,85 4.85 4.60 4.75 4.75 5.75 4.19 May.... June July.... August.. 2,450 1,845 2,210 1,064 7,981 8,046 6,731 6,478 515 454 389 434 38,118 45,133 39,742 59,881 2,624 4,268 3,616 6,229 19,907 26,491 23,960 37,192 7,228 7,508 4,801 5,540 6,375 5,297 1,465 8,841 .146 .168 .182 .201 .134 .152 .186 .182 .350 .360 .350 .350 .415 .425 .435 .435 6.50 6.50 6.50 6.50 4.60 4.60 4.60 4.60 4.15 4.15 4.15 4.15 September. October November. December.. 858 860 635 1,156 6,438 6,584 7,628 6,391 421 529 504 533 6 50,587 68,892 9,870 5 30,220 40,087 * 4,369 9,514 •7,144 6,625 .213 .227 .228 .204 .183 .197 .189 .160 .350 .350 .350 .350 .465 .465 .450 .450 6.40 6.35 6.35 6.35 4.81 4.85 4.85 4.85 4.23 4.25 4.25 4.25 1923. January February March April i1 Data from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Data from U. S. Department of Labor, Bureau of Labor Statistics, represent average monthly prices. * Includes calf and kip, goat and kid, grain and finished splits. * Represent five-year (1909-1913) monthly average imports for total hides and skins, total goatskins and total sheepskins. Calfskins and cattle hides based on four-year average, 1910-1913. * Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October. 78 NEWSPRINT PAPER. Table 31.—INDEX' NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] s STOCKS, END OF MONTH. p At Total. mills. YEAR AND MONTH. Relative to 1919. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly av av av av av 99 ; 1918 monthly av 1919 monthly av 1920 monthly av 1921 monthly av 1922 monthly av 92 ioo 110 89 105 1921. January February March April May.... June July.... August.. September. October November. December.. May June July August September.. October November.. December.. 1OO 144 168 213 254 271 286 332 360 Contract, domestic. Spot Paper 1 ConSales.' tract, mar- Activ- purchases. ity.* Cana- ket, (value). dodian. mestic Quantity. Value. Rel. to Sept., Relative to 1918. 1920. «163 880 «133 100 100 99 111 100 100 99 100 1OO 127 100 78 100 100 .100 213 118 85 100 95 121 85 115 100 106 174 89 104 100 125 185 151 149 97 77 93 105 137 125 74 122 104 136 103 95 70 110 120 97 100 135 141 96 100 95 109 104 163 159 158 145 175 177 177 151 162 146 131 121 82 75 82 75 75 71 75 79 113 90 95 92 180 162 162 153 78 379 321 365 354 69 70 30 35 122 125 127 125 135 164 175 147 107 96 81 78 130 133 137 138 76 82 72 80 83 241 252 361 405 51 17 30 35 111 99 98 107 130 111 107 113 72 65 63 60 125 107 109 120 58 69 61 107 105 98 93 141 140 128 128 151 146 132 131 118 120 117 120 57 62 75 84 67 76 81 77 77 78 141 148 132 150 83 95 91 393 413 407 435 31 20 35 44 109 105 102 99 126 96 97 100 60 63 73 76 121 116 115 109 61 77 64 67 99 113 111 115 131 113 113 110 120 111 110 110 98 95 97 85 80 84 88 93 92 111 105 105 82 98 92 151 146 139 149 103 98 90 84 102 100 450 450 426 422 70 23 78 93 98 102 100 93 111 116 118 104 69 68 68 65 105 112 108 71 66 67 74 110 105 119 124 101 98 97 96 95 95 95 96 83 84 83 104 116 101 91 103 150 133 175 139 113 111 105 116 113 112 107 117 444 460 439 446 72 81 59 54 95 99 101 114 104 98 63 60 59 65 97 107 110 125 87 75 83 100 123 118 112 111 95 96 95 95 95 96 81 83 85 95 88 76 87 116 109 116 123 102 96 102 109 157 137 132 145 109 114 112 104 110 113 111 104 i 363 644 64 31 36 57 114 111 111 104 79 83 82 80 72 79 81 94 125 116 114 107 103 116 123 110 122 135 133 128 94 97 102 97 96 96 97 96 85 94 94 127 124 116 137 117 116 109 129 156 160 145 160 92 78 71 73 1923. January February March April Sl9 §1 Relative to 1919. 1O0 141 128 178 217 224 255 106 39, 60 In transit to publish-3 ers. 101 84 91 106 91 94 j I \ 92 j loo ! 109 | 89 105 Relative to 1913. Publishers.* PRINTING. 108 90 94 101 86 1922. January February March, ApriL 99 Jobbers. PRICES. See footnotes on opposite page. 85 90 90 85 91 79 NEWSPRINT PAPER. Table 32.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] STOCKS, END OF MONTH. PRODUCTION. YEAE AND MONTH. SHIPEXIMMENTS. PORTS.2 PORTS Total. JobAt mills. bers. Publishers.3 In transit to publishers.8 CONSUMPTION BY PUBLISHERS. average.. average.. average.. average.. average 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly average average average average average 18,320 26,290 30,701 39,019 46,593 3,601 5,066 4,597 6,395 7,822 105,024 106,049 49,689 114,543 114,880 I 52,311 125,215 j 60,822 125,997 102,172 ! 66,040 j 102,103 121,035 120,641 8,062 9,189 3,822 1,403 2,153 228,761 226,743 253,399 236,714 24,035 23,929 23,324 29,940 22,837 113,251 113,858 Contract, domestic. ConSpot tract, market, Cana- domesdian. tic. Per 100-pound roll. Short tons. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly PRICES. 838,998 31,713 •124,789 8,664 6,701 6,451 6,100 154,952 41,155 155,185 '40,983 144,712 i 52,006 188,797 28,211 171,121 36,657 110.248 142,091 148,760 147,957 170,738 $3,721 5.107 5.054 3.604 $3,651 4.922 5.142 3.498 $4,290 34,905 31,913 29,209 29,852 141,559 135,334 154,278 148,427 6.076 5.921 5.862 5.409 6.385 6.458 6.480 5.507 6.945 6.279 5.623 5.206 9. 143 5 042 3 649 I 1921. 123,830 I 103,040 i 107,532 . J 115,408 116,176 96,281 104,919 122,091 69,448 58,893 66,791 64,778 2,472 2,530 1,096 1,278 278,508 286,023 289,914 285,780 32,417 39,176 41,789 35,106 9,234 '8,294 7,060 6,773 May June July August 78,868 86,770 I 94,247 | 102,277 82,776 91,339 95,357 100,668 44,238 46,220 66,118 74,211 1,854 601 1,066 1,261 254,636 226,623 225,118 244,476 31,198 26,629 25,519 27,128 6,198 5,620 5,495 5,157 193,436 23,804 166,174 | 28,200 169,124 I 24,980 186,927 25,264 152,278 148,604 139,121 132,808 5.248 5.227 4.770 4.762 5.497 5.322 4.824 4.758 5.056 5.129 5.013 5.160 September October November December i I j | 98,898 101,884 104,604 107,877 95,785 109,110 104,492 107,070 72,004 75,598 74,544 79,637 1,117 704 1,256 1,599 248,461 239,751 234,258 227,235 30,241 23,015 23,127 23,934 5,229 5,460 6,333 6,560 187,872 179,765 178,449 169,319 25,119 31,511 26,349 27,422 140,758 160,563 158,193 163,560 4.886 4.188 4.194 4.102 4.388 4.069 4.002 4.018 4.185 4.070 4.170 3.666 1922. January... February. March.... April 105,808 97,786 117,507 111,861 103,192 96,521 117,142 115,167 82,482 82,390 78,031 77,369 2,537 836 2,791 3,345 224,959 234,294 228,994 212,427 26,550 27,815 28,180 24,874 5,993 5,884 5,910 5,668 163,496 173,512 167,498 151,643 28,920 27,083 27,406 30,242 156,333 149,862 169,574 176,801 3.756 3.629 3.615 3.570 3.484 3.479 3.482 3.497 3.685 3.581 3.601 3.548 May June July August... 129,950 127,230 120,839 133,236 130,043 I 81,352 128,644 ! 84,337 80,337 123,050 134,490 81,780 2,576 2,903 2,139 1,940 216,438 225,632 231,833 260, 111 24,781 5,438 23,367 5,234 21,156 | 5,150 19,902 I 5,642 150,443 166,385 171,410 193,623 35,776 30,646 34,117 40,944 174,670 168,207 159,496 157,655 3.541 3.574 3.540 3.522 3.501 3.492 3.476 3.500 3.548 3.475 3.551 3.643 September. October November.. December.. 125,402 130,682 127,983 119,404 126,494 129,747 128,077 119,847 2,299 1,131 1,280 2,059 260,923 252,805 253,442 238,707 18,810 19,745 19,651 19,208 193,812 179,279 176,208 166,143 42,046 46,965 50,552 45,182 172,802 192,431 188,647 182,374 3.504 3.605 3.788 3.604 3.510 3.499 3.528 3.522 3.660 3.789 3.830 3.873 January February March April 7 66,570 118,010 6,255 6,816 7,031 8,174 201,952 206,640 211,856 214,049 1923. January... February. March.... April i Except printing activity from United Typothetae of America and printing purchases and sales from American Writing Paper Company, Other data from the Federal Trade Commission, except imports and exports from the U. 8. Department of Commerce, Bureau of Foreign and Domestic Commerce. 1 Prior to Sept. 1,1916, includes only paper valued at not above 2.5 cents per pound; from Sept. 1, 1916, to Apr. 24,1920, not above 5 cents per pound, and from Apr. 24,1920, to date not above 8 cents per pound. * Reported by about 660 of the principal publishers. «5 Pnnting activity based on productive hours reported by plants in 52 cities in 30 states, each department being weighted for the combined index number. Purchases of printing paper and sales of printed product by about 350 concerns, doing from 20 to 25 per cent of the total commercial printing business of the country. As the paper industry was abnormal in 1919, index numbers based on that year are not regarded as true indices; therefore 1918 was taken as a base. • Stocks on hand end of year. ' Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October. 80 PAPER AND PAPER BOXES. Table 33.—INDEX NUMBERS. From Government and non-Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] PAPER BOXES. PAPER. Paperboard. Book. YEAB AND MONTH. Production. Stocks. Production. Stocks. Wrapping. Production. Stocks. Production. Corru- Solid gated fiber board. 3 board.* Total, all grades. Fine. Stocks. Production. Exports (total Stocks. printing). Production. Relative to 1919. 1917 monthly average. 1918 monthly average. 1919 monthly average. 1920 monthly average. 1921 monthly average. 1922 monthly average. 93 100 121 79 107 5 116 690 100 75 115 121 93 99 85 111 5 78 5 85 100 79 117 114 105 103 100 120 94 120 100 119 598 5 74 48 101 112 84 107 100 113 71 105 100 594 100 79 101 100 118 87 113 •100 584 100 76 114 112 76 78 100 2 50 20 22 '100 104 65 117 73 81 90 40 38 68 60 114 116 70 36 116 95 37 18 1OO 104 89 109 1920. September. October November. December.. 123 123 117 100 67 66 78 79 135 121 82 65 70 78 90 98 123 126 114 94 36 38 47 65 119 121 109 95 77 79 82 82 125 121 100 January... February. March April 84 74 78 67 91 106 119 121 65 76 86 79 108 112 124 130 77 80 86 89 94 105 107 79 67 67 55 94 101 107 109 82 79 85 82 104 114 124 123 53 42 21 17 30 41 48 53 47 53 75 93 May June July August.. 69 71 64 78 125 127 119 111 76 92 87 78 97 109 112 113 115 61 61 57 66 112 111 108 103 74 78 72 85 125 125 119 116 122 121 117 115 19 11 12 18 53 54 49 70 89 98 89 106 September. October.... November.. December.. 82 95 96 112 102 117 122 99 112 106 92 108 105 110 116 102 112 114 112 103 96 92 72 86 86 90 98 92 91 92 93 105 104 99 110 102 104 106 13 9 12 15 78 106 100 82 94 125 117 96 97 95 97 98 97 115 102 111 115 121 119 20 10 23 29 75 84 96 109 90 100 116 109 1921. 83 1922. January.. February. March April 96 91 102 93 122 124 121 118 89 95 118 101 115 118 132 128 114 107 121 106 100 108 119 125 102 96 May June July.... August. 108 110 98 115 125 131 122 118 109 113 102 120 121 123 118 110 124 118 113 128 130 130 127 114 105 109 97 115 100 105 102 j 103 I 114 115 107 123 120 123 117 111 25 30 24 21 113 116 120 132 87 95 114 134 September. October.... November.. December.. 115 122 122 116 116 122 116 114 122 121 122 114 106 97 103 106 122 129 134 129 100 89 83 118 110 118 111 108 98 99 100 100 121 125 124 118 104 100 100 108 23 13 17 23 142 137 141 136 122 121 105 112 January... February. March April 1923. See footnotes on opposite page. 81 PAPER AND PAPER BOXES. Table 34.—NUMERICAL DATA. From Government and non-Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] PAPER BOXES. PAPER. Book. YEAR AND MONTH. Paperboard. Wrapping. Fine* Total, all grades. ProProProProProduc- Stocks duc- Stocks duc- Stocks duc- Stocks duction. tion. tion. tion. tion. Corrugated board.* Production. Production. ExOperports OperStocks (total ating Con- Nat'l ating Con- Nat'l print- time. tainer Ass'n time. tainer Ass'n ing). Box Box Club. Mfrs. Club. Mfrs. Perct. of of nor- Thousands square feet. mal. Short tons. 5238,113 11,799 6199,860 12,198 238,999 15,580 181,910 7,828 271,395 3,121 268,623 3,367 Perct. of of nor- Thousands square feet. mal. 74,357 70,763 76,235 92,039 60,499 81,827 536,845 ^28,431 81,643 23,719 36,234 38,221 150,382 160,582 162,503 192,787 138,744 179,676 542,411 46,196 54,380 42,908 63,365 62,186 60,626 59,500 57,851 69,324 54,300 553,551 40,499 54,702 26,097 55,465 61,228 24,030 30,668 28,647 32,444 20,207 30,088 632,500 534,576 36,845 29,268 37,389 36,630 1920. September... October November December 94,142 93,849 89,564 76,093 21,124 20,826 24,563 25,005 218,743 196,604 133,818 105,227 38,249 42,222 48,968 53,104 70,917 73,100 65,920 54,308 19,570 20,700 25,586 35,800 34,207 34,526 31,208 27,233 28,400 28,968 30,185 30,312 643,018 165,340 6,238 621,964 173,980 5,881 518,144 192,843 10,562 445,539 214,396 9,273 121,705 124,460 75,002 38,403 88 58,777 48,554 18,773 9,374 1921. January February March April 64,382 56,687 59,832 51,380 28,880 33,587 37,721 38,255 105,806 123,832 139,723 128,186 58,479 60,723 67,394 70,780 44,620 46,352 49,879 51,713 45,241 51,276 57,536 58,622 22,756 19,242 19,058 15,631 34,748 37,397 39,355 40,083 420,468 407,966 440,777 422,012 248,941 273,228 297,337 293,765 8,185 6,551 3,341 2,587 32,273 44,031 51,050 56,716 24,129 27,171 38,281 47,391 May.... June July August.. 52,642 53,934 48,527 59,711 39,639 40,253 37,569 35,160 122,801 130,177 112,265 138,530 67,979 68,097 64,720 63,276 53,084 50,332 45,090 56,167 59,503 61,139 61,710 62,811 17,485 17,511 16,327 18,833 41,143 40,808 39,885 37,903 383,995 403,657 370,429 442,519 291,089 288,787 279,544 274,009 2,894 1,678 1,902 2,756 56,438 57,798 62,278 75,003 45,071 49,720 45,078 53,911 September. October November. December.. 62,416 72,139 73,544 70,798 35,586 32,343 37,060 38,757 160,207 181,775 172,582 149,047 58,962 57,169 59,780 63,018 59,095 64,518 65,905 64,850 56,313 52,378 50,205 48,848 20,555 24,635 24,609 25,843 35,994 33,957 33,389 34,000 477,926 542,408 535,876 508,284 262,807 244,657 248,927 253,644 1,948 1,441 1,822 2,343 83,548 113,574 106,983 40,946 87,692 46,497 1922. January February March April 73,466 69,408 77,889 70,607 38,463 39,334 38,367 37,367 145,198 153,704 192,308 164,327 62,713 63,908 71,986 69,756 65,791 62,035 70,141 61,562 54,506 59,251 64,931 68,401 27,405 26,663 29,346 27,420 35,331 35,804 35,123 35,806 506,195 501,817 593,860 528,461 264,971 274,738 289,523 284,862 3,421 1,513 3,665 4,512 80,567 89,893 102,898 116,198 28,208 31,064 38,015 34,916 45,847 50,606 58,833 55,625 10,494 11,130 16,670 14,659 May.... June.... July August. 82,574 83,517 74,435 87,922 39,491 176,790 65,702 71,494 70,906 41,456 183,759 67,079 68,371 71,259 38,520 165,551 64,033 65,^81 69,368 37,473 195,115 59,627 74,315 62,444 30,129 31,291 27,767 33,081 36,985 38,674 37,621 37,889 589,971 593,335 552,914 635,107 285,729 293,066 280,660 264,480 3,893 4,611 3,672 3,288 120,972 123,501 128,604 141,097 41,156 43,855 72,698 115,582 44,154 48,328 57,749 68,172 8,809 12,039 12,084 34,406 September. October.... November. December.. 87,782 36,717 198,248 57,899 92,865 38;458 196,769 52,968 93,065 36,770 198,947 55,864 36,231 185,397 54,693 31,576 33,774 31,666 30,932 36,213 36,496 36,880 36,742 623,088 644,267 641,544 607,241 249,516 239,833 238,101 258,000 3,624 2,048 2,586 3,572 151,156 146,881 150,799 145,582 113,749 155,708 138,330 115,012 61,841 61,621 53,404 57,159 35,381 38,574 36,377 33,625 1917 mo. average., 1918 mo. average., 1919 mo. average.. 1920 mo. average.. 1921 mo. average.. 1922 mo. average.. 70,329 74,630 77,300 74,822 54,843 48,661 45,539 64,625 493,304 504,294 515,868 611,218 446,360 584,817 Solid fiber board.* 2106,834 111,168 68,949 124,846 77,358 a 96 81 65 81 '50,858 53,045 45,291 55,278 22,021 47,361 63,719 59,510 8,321 42,146 5,050 1923. January February March April i Data on production and stocks of paper at mills from Federal Trade Commission; exports from 17. 8. Department of Commerce, Bureau of Foreign and Domestic Commerce (1913 monthly average-4,772 tons); paper boxes from The Container Club and National Association of Corrugated and Fibre Box Manufacturers. *1 Average of last six months of year. Per cent of normal operating time and left-hand production column represent 17 and 16 identical firms, respectively, as reported by The Container Club, except that, for the first three of the six months of 1919 reported, two companies are omitted which do not appreciably eflect the total. The figures in the right-hand production column are from 17 identical firms as reported by the National Association of Corrugated and Fibre Box Manufacturers. No index numbers have been calculated on these latter figures or on4 the per cent of operating time. Per cent of normal operating time and left-hand production column reported by The Container Club from six or seven firms. The right-hand figures are from the National Association of Corrugated and Fibre Box Manufacturers, comprising three firms, except November, 1921, when four firms reported, and December, 1921, when two firms reported. No index numbers have been calculated on these latter figures or on the per cent of operating time. * Stocks at end of year. 29011°—23 6 82 OTHER PAPER PRODUCTS. Table 35.—(A) INDEX NTJMBEBS AND (B) NUMERICAL DATA. From Government and non-Government sources. [Base year in bold-faced type.] ROPE PAPER SACKS.* ABRASIVE PAPER AND CLOTH.* FOLDING PAPER BOXES; LABELS.1 Produc- New Produc- New tion. orders. tion. orders. Shipments. Domes- Foreign tic sales. sales. Produc- New tion. orders. Produc- New orders. tion. Relative to 1921. Relative to average.4 Relative to 1919. FOLDING PAPER BOXES.1 LABELS.1 ABRASIVE PAPER AND CLOTH.* Domestic sales. YEAH AND MONTH. Per cent of capacity. B.—NUMERICAL DATA. A.—INDEX NUMBERS. 1919 1920 1921 1922 monthly average.. monthly average. monthly average. monthly average. 1921. January... February. March April May.... June July August.. September.. October November.. December.. 1922. January... February. March April May.... June.... July.... August. September. October November.. December.. 100 144 100 145 100 100 187 «100 110 Reams. 100 109 67 106 100 125 47 45.9 65.9 47.9 69.4 39.0 44.2 82.7 68,150 73,969 45,948 72,394 9,171 11,470 4,280 4,387 3,138 3,393 5,958 30 45 26 48 21.0 14.5 17.7 11.4 26,436 85 79 63 64 48 34 39.0 37.8 24.5 28.5 32,764 90 97 85 101 61 37 41.4 46.4 33.3 44.5 41,404 96 70 77 52 70 65 44.2 33.6 30.2 23.2 47,538 87 102 68 43 40.7 42.1 33.9 45.2 46,544 85 110 103 114 71 35 39.2 52.8 40.0 50.5 48,671 88 97 91 145 67 62 45 40.6 46.7 35.3 64.0 41,969 110 111 138 126 87 76 42 50.3 53.4 53.8 55.7 51,595 107 137 146 139 133 81 50 48.9 65.4 57.0 61.4 54,929 145 138 128 153 123 88 44 66.4 65.9 49.9 76.4 59,904 80 64 56.3 63.0 47.6 34.9 54,430 53 62.3 52.9 44 9 34.7 45,195 123 132 122 79 111 136 110 115 79 90 100 100 108 71 84 45.9 47.8 42.3 80.7 57,129 118 143 .131 139 91 87 54.3 68.5 51.0 61.6 59,418 114 110 82 67.0 70.7 63.3 91.7 74,634 107 84 69.5 64.2 71.0 85.0 72,930 146 148 162 207 151 134 182 192 151 186 195 186 103 112 75 69.4 89.1 75.9 82.0 76,364 156 168 163 243 114 108 70 71.6 80.3 63.6 107.2 73,433 155 180 176 203 116 106 105 71.1 86.1 68.7 89.7 71,923 175 151 253 213 127 114 67 80.3 72.4 98.6 94.1 77,838 161 138 230 154 123 117 135 74.1 66.2 89.6 68.0 79,945 139 133 183 201 123 120 104 63.9 63.6 71.5 89.0 81,736 154 116 207 136 126 112 175 70.5 55.8 80.9 60.0 76,257 117 143 190 111 139 53.5 68.4 83.8 67,120 3,963 3,192 4,142 3,879 4,540 4,019 5,858 4,896 5,521 5,461 7,506 7,745 6,885 6,421 9,632 6,184 12,338 9,560 16,007 12,766 1923. January... February. March.... April 1 Folding paper boxes and labels from the A ssociation of Folding Box and Label Manufacturers; said to represent approximately 60 per cent for the folding box industry and 275 per cent for the label industry. Rope paper sacks from Rope Paper Sack Manufacturers' A ssociation, said to represent approximately 95 per cent of the industry. 8 Data compiled by the Abrasive Paper and Cloth Manufacturers' Exchange estimated to represent 90 per cent of the industry. The totals given include the sales of garnet, emery, flint, and artificial (silicon, carbide, and aluminous oxide) paper, cloth, and combinations. Figures are stated in equivalent reams, 9 by 11 inches in size. The data submitted show that in 1919 the total domestic sales were made up of the following approximate percentages: Garnet 39, emery 8, flint 32, and artificial 20 per cent. * Twelve months' average, July, 1921, to June, 1922. Numerical data not furnished by the association. 83 WOOD PULP. Table 36.—(A) INDEX NUMBERS AND (B) NTJMERICAL DATA. From Government sources.l I Base year in bold-faced type.] MECHANICAL. YEAR AND MONTH. Production. Cons u m p - Stocks tion at end Im- 2 ports* and of ship- mo. ments. Rel. to 5-yr.av. Relative to 19i9. ConConsump* Stocks s u m p - Stocks Protion at end Im- 2 Produc- tion and at end of Im- 2 duction. ports. and of ship- m o n t h . ports. tion. shipmo. ments. ments. Rel. to 5-yr.av. Relative to 1919. 110 1915 mo. av... 104 «73 1917 mo. av 100 1918 m o . av 90 91 1919 mo. av 1OO 1OO 1921 m o . av..... 1922 mo. av 1921. January February... March April May.... June July.... August. September.. October November.. December.. 1922. January February... March April May.... June July.... August. September.. October November.. December.. 122 80 150 109 132 100 138 130 141 »63 93 1OO 102 110 78 117 108 97 87 88 102 106 117 102 95 98 90 101 13 106,824 128 88 1916 mo. av 16,463 13,991 18,105 14,504 8 112,145 21,877 1OO 85 1914 mo. av 1920 mo. av B.—NUMERICAL DATA. 1OO 1913 mo. av... 1OO 117 1OO 116 79 79 102 104 Cons u m p - Stocks Imend Produc- tion and at of ports. 1 tion. shipmo. ments. Short tons. A . - I N D E X NUMBERS. 1909-1913 m o . av. CHEMICAL. MECHANICAL. CHEMICAL.. 100 63 128 141 220 174 125,678 120,589 117,804 8 145,567 108,617 109,817 •131,170 120,817 120,660 154,251 131,525 132,308 120,079 105,668 106,214 166,889 123,495 127,802 136,664 83 77 100 139 140,999 78 74 113 61 117,884 118 97 118 16. 74 75 113 142,850 132 103 141 35 68 70 106 159,442 81 74 147 42 73 72 112 66 75 140 49 68 68 111 109 97,963 80,337 62 79 127 93 64 67 102 164 75,405 61 85 108 100 75 77 99 173 73,666 25,521 31,130 38,091 32,861 8 25,855 35,100 129,325 160,572 159,375 157,797 8 44,799 23,257 15,456 158,008 158,930 8 33,671 16,855 161,247 160,375 53,725 19,375 188,156 185,536 33,720 16,000 127,786 127,467 53,411 165,198 166,438 52,518 33,230 32,728 36,147 56,153 44,457 123,661 108,857 116,820 124,161 146,964 155,997 182,027 21,7,308 14,076 3,275 2,684 5,687 134,354 125,913 119,482 109,364 123,524 119,157 119,602 112,869 53,853 60,609 56,984 35,478 15,682 17,622 20,848 89,182 90,357 95,386 103,153 226,089 216,069 196,088 166,601 7,072 8,117 15,329 16,405 118,138 109,052 102,768 121,510 114,995 109,689 107,573 122,753 60,127 59,490 54,685 53,442 20,322 27,698 41,756 44,181 137,672 119,406 115,363 123,080 28,958 26,397 35,504 28,498 126,514 151,699 163,601 151,031 131,174 158,050 162,840 147,380 48,782 65,206 42,431 56,419 43,192 71,204 46,843 117,068 90 93 75 216 101 102 80 279 108,186 101 95 80 173 94 92 87 459 121,804 95,894 100,777 112,229 114,087 90 84 81 127 94 374 82 81 82 56 90 99 260 109,175 98,742 143,5% 147,608 101,957 98,315 129,931 127,286 125,298 125,725 139,390 159,712 20,920 9,138 12,425 11,797 157,746 144,568 170,995 149,859 158,774 142,399 167,112 153,542 50,815 52,984 56,867 53,184 95,525 66,443 48,376 65,140 167,197 148,328 124,691 109,870 144,042 138,459 129,847 139,935 182,867 192,736 187,580 157,515 11,626 15,951 17,181 13,545 164,497 164,931 154,617 172,750 168,095 161,181 156,313 171,898 49,586 53,336 51,640 52,442 51,658 78,932 90,638 83,562 102,350 102,934 120,143 107,301 132,667 134,793 135,270 121,120 127,198 95,339 80,212 66,393 U9,153 25,921 170,329 181,708 180,603 169,770 171,452 191,435 187,564 167,493 51,319 <71,748 66,498 109,459 44,631 46,908 55 79 176 78 82 91 255 66,965 68 84 77 160 94 99 79 221 82,511 104 106 190 99 255 119 108 90 75 106 122 105 104 72 93 138 119 119 71 102 105 92 202 123 115 125 97 102 101 99 309 103 108 122 104 96 97 96 355 91 116 102 82 107 107 98 327 85 110 82 U16 106 107 96 «281 85 112 62 157 113 119 124 429 99 112 52 112 117 83 100 43 105 104 87 1923. January February... March April 1 Imports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; all other data from Federal Trade Commission, except production for 1914 and 8 1916 from U. S. Department of Agriculture, Forest Service. Import figures converted from long to short tons to agree with production and stocks. 1 Stocks at end ot year. < Covers first 21 days only, during which period the old tarifl law was in effect; remaining 9 days are included with October. 84 BUILDING STATISTICS—CONTRACTS AWARDED. Table 37.—INDEX NUMBERS. Based on data from commercial and trade source*.1 [ Base year in bold-faced type; numerical data on opposite page.] INDUSTRIAL BUILDINGS. BUSINESS BUILDINGS. RESIDENTIAL BUILDINGS. EDUCATIONAL BUILDINGS. HOSPITALS AND INSTITUTIONS. NumNumNumNumNumber of Square V a l u e . ber of Square V a l u e . ber of Square V a l u e . ber of Square Value. ber of projprojproj- feet. feet. projfeet. feet. projects. ects. ects. ects. ects. YSAB AND MONTH. Value. Relative to 1919. 1915 monthly average 1917 monthly average 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average., .... «42 »63 »71 «118 21 36 48 94 *94 «90 »62 »43 49 57 42 36 100 81 77 96 100 74 59 86 1OO 79 82 122 1OO 80 43 51 1OO 83 23 43 1OO 115 34 63 100 60 103 152 100 57 85 128 1OO 67 103 159 100 102 137 166 100 114 177 238 100 144 204 254 100 100 110 122 100 142 242 267 100 121 179 221 73 75 63 47 58 52 39 25 80 70 60 42 67 70 64 45 65 42 41 31 95 63 78 50 60 55 51 44 41 55 36 27 51 61 45 33 105 71 48 51 96 93 55 38 128 143 70 73 116 122 110 86 131 201 113 82 97 189 79 105 46 50 80 81 35 35 48 55 61 50 67 86 39 31 47 45 18 14 18 27 36 21 25 30 39 52 96 114 33 41 71 89 43 51 86 106 44 49 96 137 66 85 155 174 69 87 191 227 63 33 71 110 212 25 159 179 146 35 83 137 82 87 73 87 61 61 66 75 87 75 98 104 43 38 35 39 28 28 21 18 48 43 32 25 117 119 92 118 93 90 69 89 117 106 85 114 173 214 223 216 244 195 228 233 246 235 287 281 112 161 149 143 175 410 430 239 101 391 252 148 89 94 81 78 78 86 56 50 122 111 72 65 42 56 55 46 21 31 33 22 26 43 41 34 132 133 117 106 108 109 112 109 135 127 128 143 193 122 89 87 221 169 178 172 266 225 183 151 173 131 94 82 540 185 142 207 364 159 138 197 68 75 115 115 52 68 97 113 70 116 147 174 43 32 48 54 24 19 33 40 46 25 57 57 85 77 158 187 90 82 151 157 107 107 172 187 64 78 143 190 104 121 265 380 121 132 257 369 63 94 122 133 198 270 218 235 164 237 160 202 116 111 97 97 107 111 95 84 170 152 130 113 54 53 45 53 47 34 54 88 56 47 75 158 193 186 159 171 157 156 121 118 199 193 154 143 219 303 301 270 322 425 360 273 331 444 409 322 169 141 176 151 320 234 379 465 258 172 338 287 92 98 94 81 98 74 70 62 136 05 89 77 48 62 68 49 36 57 50 33 62 65 68 45 150 165 166 128 114 128 143 124 143 157 173 170 143 127 81 67 190 175 114 122 213 175 131 143 127 131 104 55 194 295 276 116 163 262 305 105 1920. PAptfvm'bpr, October . November December . . 1921. February March April May July September October December 1922. March April May July August September October November December 1923. January February March April See footnotes on opposite page. 85 BUILDING STATISTICS—CONTRACTS AWARDED. Table 38.—NUMERICAL DATA. From commercial and trade sources.1 [Base year in bold-faced type; index numbers on opposite page.] BUSINESS BUILDINGS. Num- ThouThouber of sands sands of proj- square of ects. feet. dollars. YEAB AND MONTH. 1915 monthly 1916 monthly 1917 monthly 1918 monthly average.. average.. average.. average.. 1919 monthly 1920 monthly 1921 monthly 1922 monthly average average average average INDUSTRIAL BUILDINGS. Num- Thouber of sands of proj- square ects. feet. Thousands of dollars. 2 5,308 8,050 2 9,042 2 15,075 2 1,092 9,240 $33,806 26,638 895 6,870 27,662 844 5,437 7,936 41,358 1,053 636 12,772 511 10,652 2,981 274 5,463 323 RESIDENTIAL BUILDINGS. houNum- T ber of sands of proj- square ects. feet. 799 817 683 510 5,371 4,823 3,611 2,336 26,944 j 23,804 ! 20,218 j 14,068 ! 1921. January.. February. March April 506 549 870 880 3,262 3,277 4,424 5,084 20,528 17,020 22,776 29,176 || 11 |l ij May June July August 896 952 795 954 5,632 5,645 6,070 6,940 24,494 24,494 33,240 35,277 : : ! | September.. October November.. December.. 971 1,029 880 847 7,174 7,991 5,158 4,583 1922. January.. February. March..... April , 744 4,811 815 6,264 8,953 1,252 1,255 10,419 May June. July August.... 1,270 1,213 1,059 1,057 September October November December 1,003 1,066 j 1,022 ! 880 HOSPITALS AND INSTITUTIONS. hou- Thou- Num- Thou- ThouThou- ! Num- T ber of sands sands sands ber of sands sands of of proj- square of of proj- square of ects. dollars. dollars. ects. dollars. feet. feet. $8,912 15,212 20,668 40,202 2 19,000 2 18,167 2 12,583 2 8,667 $34,832 40,275 29,548 25,381 42,744 49,080 14,444 27,084 3 , 9 9 9 20,157 2,414 11,460 17,047 4,118 6,083 25,866 70,767 47,177 73,154 112,285 I 1920. September October November December EDUCATIONAL BUILDINGS. 166 1,915 99,960 170 2,190 14,358 227 3,382 20,319 275 4,549 25,279 49 49 54 60 368 $3,266 3,962 523 5,845 891 7,219 982 427 443 407 289 8,273 5,392 5,264 3,911 8,222 40,440 2,410 26,932 2,206 11,173 7,264 33,330 I 2,035 21,399 | 1,777 5,534 36,015 43,433 32,158 23,516 175 118 79 85 1,834 1,779 1,045 719 12,762 14,258 6,950 7,288 484 742 417 302 3,166 6,186 2,573 3,441 250 197 296 288 2,359 1,786 2,341 3,497 15,437 9,037 10,640 12,919 j | 1,573 6,724 8,319 j 2,085 | 3,S33 14,382 j 4,556 17,948 30,732 36,294 60,701 75,006 73 81 160 228 1,257 6,905 1,625 8,647 2,969 | 19,031 3,328 i 22,640 782 94 587 660 4,779 1,146 2,698 4,482 275 244 221 251 3,543 3,581 2,641 2,292 j 20,404 | 4,683 18,502 I 4,758 13,604 j 3,684 10,832 4,729 18,804 18,227 13,961 17,949 82,982 75,175 60,452 80,329 287 355 371 358 4,668 j 24,462 3,731 | 23,441 4,369 | 28,602 4,457 27,959 645 1,507 1,582 879 3,288 12,762 8,223 4,840 41,259 37,405 24,221 22,056 357 350 290 2,706 | 3,984 j 4,197 j 2,846 I 11,283 18,419 17,695 14,553 5,286 5,314 4,681 4,236 21,709 21,978 22,666 21,901 95,303 89,650 90,324 100,897 321 4,238 202 3,228 147 j 3,416 144 3,297 26,459 22,429 18,212 15,046 1,987 680 531 760 11,878 5,200 4,506 6,343 23,696 || 39,240 49,758 58,711 271 205 306 345 3,033 | 2,417 | 4,165 ! 5,130 j 19,695 10,733 24,270 24,312 3,410 3,079 6,322 7,484 18,083 16,490 30,348 •31,666 75,728 '75,728 121,551 132,478 107 130 238 316 2,001 2,325 5,071 7,277 12,067 13,110 25,575 36,719 727 995 804 865 5,369 7,749 5,212 6,584 9,841 10,289 8,780 7,793 57,515 51,489 44,020 38,122 344 339 285 335 5,941 ' 4,305 j 6,870 | 11,262 i 23,893 20,277 31,883 67,374 7,705 | 31, 604 7,454 i 31, 519 6,347 24, 392 6,857 ! 23, 712 140,933 136,359 108,951 100,883 364 603 499 449 6,161 8,132 6,901 5,228 32,925 44,245 40,690 32,055 1,179 860 1,396 1,712 8,437 5,607 11,024 9,383 9,074 6,873 6,427 5,710 45,907 32,037 29,938 25,868 306 396 430 314 4,569 ! 7,242 i 6,415 ! 4,202 26,385 27,640 29,242 19,298 6,005 6,599 6,623 5,111 101,428 ;| 110,776 ' 122,469 120,139 237 211 3,644 3,343 2,180 2,330 21,214 17,437 13,058 14,251 714 1,085 1,016 427 5,331 8,541 9,977 3,417 i 1923. January February March April I I j | i 23,059 25,814 28,759 24,950 j • * Data compiled by the F. W. Dodge Co., covering small towns and rural districts as well as large cities. Prior to May, 1921, these figures covered 25 northeastern states and the District of Columbia. The states are those north and east of, and including, North Dakota, South Dakota, Iowa, Missouri, Tennessee, and Virginia, together with portions of eastern Kansas and Nebraska. Beginning May, 1921, North Carolina and South Carolina were added to the list, but this addition is stated to have little effect upon the total. * Estimates made by the F. W. Dodge Co. 86 BUILDING STATISTICS—CONTRACTS AWARDED. Table 39.—INDEX NUMBERS. Based on data from commercial and trade sources.1 [Base year in bold-faced type; numerical data on opposite page.] PUBLIC WORKS AND PUBLIC UTILITIES. PUBLIC BUILDINGS. YEAR AND MONTH. SOCIAL AND RECREATIONAL BUILDINGS. RELIGIOUS AND MEMORIAL BUILDINGS. NumNumNumber of ber of Square Value ber of Square proj- feet. Value. proj- Value. ! projects. ects. I T - GRAND TOTAL.' NumNumber of Square II berof Square proj- feet. Value. ji proj- feet. Value. ects. • ects. FIRE LOSSES. Relative to 1919. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average. average. average. average. average. 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly average. average. average. average. average. 1920. September. October November. December.. 33 28 36 53 63 i 65 100 96 91 83 100 137 147 164 212 ; 89 183 | 68 50 | 91 72 ! 100 100 198 82 166 108 242 133 246 128 80 127 95 100 113 91 112 100 100 100 100 70 72 100 98 91 131 102 130 123 124 153 106 102 58 92 100 124 140 55 83 114 77 52 116 113 131 161 65 55 83 126 75 62 90 74 89 56 40 60 125 73 45 62 53 68 47 30 47 184 39 77 108 215 61 77 136 280 62 53 74 142 72 41 33 52 158 72 49 36 47 115 87 57 76 127 105 74 103 99 117 100 100 j 100 100 81 115 120 130 126 173 j 110 161 132 157 241 ! 229 109 95 I 100 56 54 104 115 52 53 96 222 203 249 40 85 124 58 44 81 115 165 125 160 133 149 173 135 145 155 127 112 107 148 115 143 148 161 I 144 :| 110 77 113 107 150 136 146 170 261 ; 226 ! 115 77 106 129 136 121 146 191 287 j 299 I 94 68 99 149 137 128 122 178 204 | 198 .1 112 76 103 115 85 84 63 67 122 119 102 168 95 96 165 151 105 78 157 109 97 79 88 84 275 209 111 115 249 183 104 108 119 118 100 90 87 81 76 115 103 89 92 114 125 117 129 72 62 108 113 91 57 118 134 68 85 108 156 156 265 74 70 135 157 65 64 111 125 77 120 171 102 142 179 246 83 137 164 172 131 178 138 1921. January... February. March April 57 49 188 68 117 100 234 62 ; 82 : 112 ; 156 83 83 97 186 80 ! 196 I May June July August.. 109 158 | 130 88 j 138 ! 87 j 134 113 September. October November. December.. 74 64 69 193 | 79 192 132 124 ' 82 65 77 83 96 100 53 219 145 84 63 170 123 52 120 144 45 51 124 180 77 58 114 121 279 281 2113 157 224 216 1,237 233 183 193 187 194 153 138 189 119 135 188 291 383 166 128 169 133 145 I 255 200 211 221 440 i 70 109 106 360 I 340 164 130 160 108 134 113 146 218 323 j 323 144 111 163 164 141 202 179 218 301 284 152 116 150 96 115 87 155 113 118 102 156 171 177 141 120 99 66 59 125 147 172 176 233 232 133 95 126 185 99 85 94 168 262 231 139 100 118 179 78 69 61 134 223 191 132 101 114 137 51 26 35 91 84 84 103 83 100 i 212 291 • 234 123 j 136 1922. January... February. March April May June.... July.... August.. September. October November.. December.. 77 94 89 62 1923. January... February. March April See footnotes on opposite page. 87 BUILDING STATISTICS—CONTRACTS AWARDED. Table 40.—NUMEEICAI DATA. From commercial and trade sources.1 [Base year in bold-faced type; index numbers on opposite page.] PUBLIC WORKS AND PUBLIC UTILITIES. PUBLIC BUILDINGS. YEAB AND MONTH. Number of projects. Thou- Thou- N u m sands sands ber of of of square dollars. projfeet. ects. SOCIAL AND RECREATIONAL BUILDINGS. ThouThou- Number sands Thousands sands of of of of square dollars. dollars. projfeet. ects. RELIGIOUS AND MEMORIAL BUILDINGS. Number of projects. GRAND TOTAL.' Thou- Thou- Numsands sands ber of of of square dollars. projfeet. ects. Thousands of square feet. 1913 monthly av. 1914 monthly av. 1915 monthly a v . 1916 monthly av. 1917 monthly av. 1918 monthly av 1919 monthly av 1920 monthly av 1921 monthly av 1922 monthly av Thousands of dollars. FIRE LOSSES. Thousands of dollars. 171,475 60,020 78,341 113,082 134,086 47 45 43 172 236 252 282 •1,119 2,218 1,859 2,703 654 534 704 46,847 111 109 130 118 620 565 369 356 43,392 113 237 24,186 264 18,547 91 558 33,958 124 812 48,043 173 1920. September October November December 46 42 32 43 365 315 87 124 2,751 1921. January February March April 27 23 47 113 324 202 404 1,079 2,482 2,271 2,781 May June July August.. 51 61 63 53 273 152 238 150 1,846 1,402 1,793 1,490 September. October.... November.. December.. 45 45 35 30 501 212 119 332 2,620 1,523 1922. January February March April 36 18 39 45 172 92 377 249 942 705 1,902 1,380 318 338 788 940 May.... June July.... August. 42 33 51 50 480 484 452 270 2,506 2,422 13,837 2,603 1,197 1,259 1,220 1,272 September. October November. December.. 36 44 42 29 198 149 266 194 1,325 1,144 1,750 1,915 1,155 919 560 461 32 1,433 895 1,418 •41,834 47,195 38,265 1,265 86,964 7,594 1,030 9,050 1,456 9,164 1,518 734 47,900 661 21,848 785 21,972 564 6,394 8,108 6,839 4,310 495 4,274 979 5,328 1,368 I 9,461 2,723 19,533 91 79 115 143 4 4 4 33,127 3,446 422 5,033 767 7,172 1,071 6,862 4,821 6,520 8,971 4,389 5,041 2,774 2,137 4,758 4,449 3,839 3,249 2,261 2,253 2,487 6,138 2,834 3,361 5,981 7,176 4,497 7,075 9,356 6,204 7,530 7,919 6,440 7,684 7,778 5,735 3,246 3,369 8,144 8,096 6,891 6,181 3,367 4,882 4,880 8,288 5,073 4,782 9,250 10,746 11,966 10,085 8,889 11,358 11,249 9,902 10,457 7,259 7,224 5,979 2,624 9,108 9,568 9,079 7,080 91 549 103 584 82 329 48 436 56 367 48 368 67 430 129 827 1,451 9,975 1,710 10,202 1,529 | 10,136 1,624 ! 8,502 135 715 155 1,161 174 1,276 162 907 11,693 6,632 6,713 6,149 150 1,222 137 928 96 491 87 1,990 1,383 1,222 1,002 76 510 914 455 64 787 77 629 51,997 127 1,362 109 75,251 134 1,432 6,356 3,941 8,228 9,317 62 21,193 795 1,092 63,817 150 20,260 192 57,940 161 13,961 201 10,181 198 12,446 198 1,952 1,598 1,433 1,337 977 64,999 164 1,130 52 967 166 895 46,902 151 949 44,797 152 861 35,414 135 808 35,141 132 884 538 26,397 113 2,143 423 27,833 18,735 156 79,162 149 49,825 157 2,381 3,223 1,435 2,555 50,379 139 1,855 12,005 160 1,035 41,477 110 1,077 6,565 153 1,162 27,516 87 870 4,279 122 992 24,875 57 326 2,429 83 375 10,618 140,770 46,683 214,990 33,491 211,102 32,267 196,648 47,745 279,410 •22,416 27,571 27,721 34,241 25,845 178,17& 25,630 25,532 177,758 28,331 18,855 128,966 28,093 14,004 100,145 41,19S 35,320 15,513 111,608 16,807 100,677 25,889 26,709 164,092 28,581 34,494 220,886 22,179 35,751 242,094 23,957 35,738 227,711 29,001 31,717 212,491 33,35« 35,246 220,721 25,829 41,702 246,186 25,502 40,436 222,480 27,955 37,818 192,311 26,179 35,272 198,518 28,908 30,261 58,146 166,320 177,473 293,637 353,162 59,639 362,590 29,869 60,526 343,440 24,103 51,705 350,081 36,668 54,019 322,007 21,580 30,061 51,957 38,663 29,304 39,911 31,010 44,275 271,493 41,515 46,806 253,137 40,065 46,946 244,366 30,776 38,603 215,213 47.426 1923. January February..... March April i Data compiled by the F. W. Dodge Co., covering small towns and rural districts as well as large cities, except fire losses in the United States and Canada.included here for convenience, compiled by the New York Journal of Commerce. Prior to May, 1921, the buildingfigurescovered 25 northeastern states and the District of Columbia. The states are those north and east of, and including, North Dakota, South Dakota, Iowa. Missouri, Tennessee, and Virginia, together with portions of eastern Kansas and Nebraska. Beginning May, 1921, North Carolina and South Carolina were added to the list, but this addition is stated to have little effect upon the total. »Grand total includes military and naval buildings and miscellaneous, in addition to the groups listed in this and the preceding table (p. 83). 88 CONSTRUCTION COSTS AND GLASS. Table 41.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. From commercial and trade sources.1 [Base year in bold-faced type.|J YEAE AND MONTH. BUILDING MATERIAL. PRICE INDICES. 1 COST INDICES. Frame Brick house. house. FacContory build- struction 3 in* costs.2 costs. Relative to 1913. Rel. to Relative to 1913. 1914. CONSTRUCTIO.N VOLUME.« GLASS BOTTLES.* SPECTACLE FRAMES AND MOUNTINGS; ILLUMINATING GLASSWARE.' Actual Shipproduc- ments tion. billed. Production. Net orders. Rel. to Relative to average, May, 1919. 1921-April, 1922. ILLUMINATING GLASSWARE/ Actual ShipSales Net billed Unfilled orders. duc- ments orders. (value). tion. billed. Rel. to Rel. to 1913. 1919. Per cent of capacity. B.—NUMERICAL DATA. A . - I N D E X NUMBERS. I inn 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 10O ...| 100 i ! < 1OO 93 ; 98 , 137 189 1OO 110 121 149 169 1OO 179 170 203 208 239 202 177 91 88 91 139 1OO 104 69 8 1OO »1OO 8 1OO May June July August 176 172 167 161 211 210 204 193 90 117 90 94 60 54 48 50 101 83 49 71 88 97 42 41 86 88 79 54 September October November December.. 188 183 166 169 114 109 101 118 50 70 86 86 93 134 138 99 62 101 143 141 . . ' ' . 182 186 219 298 339 218 271 1OO 127 45 46 «36.7 »36.2 «35.7 248 218 141 179 54 49 39 27 37.0 30.5 18.0 25.9 31.9 35.1 15.2 14.7 30.8 31.3 28.3 19.1 73 114 138 128 218 243 218 220 35 41 44 43 34.0 49.3 50.6 36.2 22.6 36.6 51.7 51.2 26.2 40.7 49.1 45.6 1921. 166 173 173 179 160 157 154 153 174 169 169 168 179 174 173 172 152 152 152 152 169 162 165 165 91 100 202 150 83 81 67 79 109 99 117 107 116 121 128 120 98 117 111 115 169 233 259 257 41 45 42 44 40.0 36.4 42.9 39.2 42.0 43.9 46.3 43.4 35.0 41.8 39.8 41.1 June July August .. 173 178 181 189 176 181 184 193 157 169 171 174 167 170 173 185 179 187 118 154 82 84 73 78 123 132 101 112 125 108 76 79 115 114 93 93 259 277 210 252 37 29 31 30 45.5 48.3 37.1 41.1 45.3 39.2 27.4 28.7 41.1 40.8 33.1 33.1 September October November December 193 196 196 192 197 199 201 198 190 192 192 192 189 189 193 192 129 127 122 111 79 73 150 160 169 | 121 150 160 119 139 153 285 342 378 327 46 68 73 64 55.1 58.7 61.9 43.7 54.2 57.8 42.6 49.6 54.6 195 199 192 197 197 126 1922. January March April May I 1923. January February March April 77 i i i ! 1 i i i! •i i i Except building material price indices, from the 77. S. Department of Commerce, Bureau of Standards, Division of Building and Housing and Bureau of the Censusf which is based on prices paid for material by contractors in some 60 cities of the United States. The prices are weighted by the relative importance of each commodity in the construction of a six-room house. * This index number, furnished through the courtesy of the Aberthaw Construction Co., is designed to show the relative changes in the cost of constructing a standard concrete factory DuUding. The company believes that the year 1914 gives a normal base and that July, 1920, with an index number of 265, represented the peak of building costs. * The construction cost index, computed by the Engineering News Record, is based upon the costs of steel (structural shapes, Pittsburgh base), cement (f. o. b. Chicago, exclusive of bags), lumber (southern pine. New York base), and theratespaid common labor in the steel industry. Thepricesare weighted on the basis of the total production4 of steel, cement, and lumber, and the total supply of common labor. Compiled by the Engineering News Record, on the basis of contracts let as reported by this publication and its construction cost index number, l , based on 1913 costs, * Data from National Bottle Manufacturers Association, based on reports of identical firms representing approximately 90 per cent of the capacityofofthe industry. • Data from reports of identical firms by the Illuminating Glassware Guild, estimated to represent from 70 to 75 per cent of the capacity of the industry, based on a normal capacity of 6,000 turns. ' Data from the Optical Manufacturers Association, representing about 60 per cent of the industry. « Twelve months' average, May, 1921-April, 1922. 89 HARDWOOD LUMBER. Table 42.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. From commercial and trade sources. [Base year in bold-faced type.] MICHIGAN NORTHERN HARDWOODS.* HARDWOODS; MICHIGAN HARDWOODS.i NORTHERN HARDWOODS.* WALNUTS Logs. Lumber. YEAR AND MONTH. Production. Ship- Stocks, of ments. mend onth. Pro- duction. Shipments. Production. S h i p - Stocks, of m e n t s . mend onth. Production. Shipments. Made into Stocks Pur- S h i p - Stocks P u r chases. m e n t s . h aonnd . chases. l uamn bd e r h aonnd . veneer. Relative to 1913. Relative to 1917. B—NUMERICAL DATA. A—INDEX NUMBERS. *1OO 100 110 87 89 110 1OO 78 87 103 119 27,763 69 75 50 30 40 *90 «75 355 74 56 103 116 121 98 94 110 131 108 75 135 21,573 21,119 18,699 12,652 13,191 54 60 71 76 22 16 28 21 65 71 73 77 102 133 170 175 29 36 43 61 15,119 16,660 19,837 21,224 7,003 5,168 8,897 6,593 May June July August 60 56 37 34 21 27 26 26 71 81 81 80 162 140 111 63 65 61 77 85 16,786 15,551 10,160 9,382 September.. October November... December... 25 21 21 31 31 48 55 36 79 74 69 67 29 25 18 52 96 118 128 100 1922. January February... March April 54 46 41 48 35 28 29 34 66 58 55 57 111 94 137 104 May June July August 52 51 44 45 38 33 40 51 58 59 57 54 September.. October November.. December... 47 45 44 52 42 46 43 59 55 51 49 49 1913 mo. av . 1914 mo. av.. 1915 mo.av.. 1916 mo.av 1917 mo. av.. 100 100 1918 mo.av.. 1919 mo.av.. 1920 mo. av.. 1921 mo. av.. 1922 mo.av.. 78 76 67 46 48 1921. January February.... March April 1923. January . . . February... March April Thousands of feet, log measure. Thousands of feet, board measure. 31,396 * 223,961 28,318 31,034 24,755 25,296 31,061 25,390 19,911 22,067 26,041 30,105 21,576 8201,053 23,427 * 169,080 15,564 3122,468 9,356 165,984 12,471 124,672 29,241 32,732 34,206 27,838 26,500 27,813 33,328 27,509 19,667 34,204 145,861 159,161 162,564 172,757 28,779 37,551 48,279 49,456 7,456 9,253 10,937 15,861 6,746 8,450 8,092 8,013 157,938 182,474 182,283 179,029 45,973 39,623 31,519 17,809 16,624 15,445 19,607. 21,675 6,815 5,750 5,959 8,586 9,708 15,078 17,195 11,330 177,676 166,369 154,948 150,747 8,186 6,985 5,189 14,709 24,377 29,853 32,432 25,282 102 75 125 107 14,896 12,787 11,478 13,402 10,881 8,647 9,173 10,790 148,631 129,070 123,330 127,966 31,399 23,660 38,698 29,404 25,841 19,059 31,675 27,228 109 90 75 80 110 160 162 170 14,479 14,274 12,169 12,575 11,806 10,235 12,444 16,073 130,444 131,136 128,515 121,257 30,932 25,576 21,376 22,522 27,971 40,623 41,228 43,103 72 74 81 107 154 143 164 145 13,057 12,417 12,322 14,439 13,100 14,599 13,525 18,383 122,956 113,394 109,786 109,035 20,412 20,874 22,879 30,272 39,080 36,262 41,653 36,722 1,807 1,927 10,214 1,460 1,327 2,C87 L,325 1,489 1,784 1,840 1,707 6,278 10,496 10,824 11,067 1,113 1,951 1,619 1,269 392 1,270 1,615 1,343 1,398 2,643 2,643 2,923 1,535 2,053 2,251 1,852 11,633 11,504 11,314 11,083 1,603 1,631 1,056 1,333 1,682 1,487 1,324 1,399 2,846 2,125 2,072 1,773 1,535 2,345 2,661 2,068 10,713 10,054 9,036 8,568 1,027 1,486 1,583 1,851 1,045 1,405 1,500 1,458 1,636 1,591 1,528 1,871 ]L,962 2,217 < 2,260 i 2,176 ]1,960 L,719 L,675 L,137 L,603 L, 843 1,807 i 1 Data on Michigan hardwoods (chiefly maple, birch, basswood, and beech) are actual figures reported by about 40 mills each month to the Michigan Hardwood Manufacturers1 Association. The number of mills varies from 35 to 62, but 44 is the highest number reporting since the beginning of 1920. 2 Quarterly average. a Ten months' average. * Compiled by the Northern Hemlock and Hardwood Manufacturers7 Association, representing chiefly Wisconsin and upper Michigan mills. These figures represent actual reports from 60 to 75 mills each month. The hardwoods cut are mostly maple, birch, and beech. 6 Compiled by American Walnut Manufacturers' Association from reports of identical firms representing from 50 to 60 per cent of the walnut lumber industry 90 PINE LUMBER. Table 43.—INDEX NUMBERS. From Government and non-Government sources. [Base year in bold-faced type; numerical data on opposite page.] YELLOW PINE.i YEAR AND MONTH. Price,« "B" Pro- Stocks, and end of better, duction. month. Hattiesburg. Relative to 1917. 1917 monthly average.. 1918 monthly average.. 1919 monthly average.. 1920 monthly average.. 1921 monthly average.. 1922 monthly average.. 100 87 90 85 89 100 81 Rel. to 1913. WESTERN PINE.* CALIFORNIA WHITE PINE.3 Lumber. Production. Ship- Stocks, end of ments. month. to Relative to 1917. Rel. 1920. 100 Production. NORTH CAROLINA PINE.* NORTHERN PINE.< Ship- Stocks, end of ments. month. Production. Lath. Shipments. Production. Shipments. Relative to 1920. Relative to 1918. Production. Shipments. Relative to 1919. 100 103 68 87 88 86 114 147 239 234 156 197 January February March April 79 91 87 95 94 94 91 160 148 139 133 23 20 58 68 May.... June.... July.... August. 92 87 87 94 138 141 140 141 100 110 99 95 155 184 206 189 78 75 58 34 32 38 61 99 75 81 106 120 100 104 104 123 68 110 100 70 117 44 57 67 98 92 111 74 126 122 120 117 113 100 117 113 91 100 144 108 100 139 144 7 10 11 17 24 59 61 72 135 140 138 128 60 24 32 36 72 48 115 122 125 127 102 143 131 132 95 97 84 113 122 143 139 151 104 127 126 134 125 123 120 119 112 111 67 50 115 150 116 109 122 160 136 150 18 14 76 75 95 103 100 121 100 85 111 1OO 55 100 100 1OO 98 100 93 90 90 131 155 175 153 163 55 56 65 42 78 146 213 33 63 71 84 49 60 62 68 49 55 50 62 97 124 125 134 175 205 181 261 79 86 91 92 73 93 102 109 84 30 80 94 83 51 175 93 38 55 200 173 120 72 95 115 124 126 132 134 126 143 142 118 108 56 46 86 129 57 51 68 97 54 94 140 93 74 143 138 124 149 153 158 100 128 156 156 1921. September.. October November.. December.. 95 100 92 79 79 82 67 87 75 1922. January February March April 94 88 101 94 85 85 182 189 178 180 May.... June July.... August. 113 118 105 113 81 80 80 81 184 198 196 200 146 150 130 161 147 158 141 147 86 90 90 116 177 170 250 119 167 127 214 84 130 145 161 169 163 154 163 117 116 114 130 189 212 207 197 157 171 214 345 155 158 162 160 180 163 166 186 September.. October November.. December.. 105 104 105 95 215 216 214 216 149 158 136 56 127 102 96 100 97 104 113 113 215 233 161 87 204 185 184 174 141 187 184 180 131 113 66 48 112 107 105 160 135 78 45 345 160 159 161 168 161 134 190 204 185 144 110 103 91 1923. January February March... April See footnotes on opposite page also. i The figures given for production and stocks of yellow pine are computed from data furnished by the Southern Pine Association. The method of computing isfirstto find the per cent which the actual production of the mills reporting is to the normal production of these same mills. This per cent is then applied to the normal production of 192 mills. Assuming that the mills reporting are a good sample of the industry, the resultingfigurein each month is equivalent to the actual production of the 192 identical mills and hence shows the trend of trie industry. The same procedure is followed in the case of stocks. The normal monthly production of the 192 mills is given as 484,065,392 feet and the normal stocks of the same mills as 1,262,450,326 feet. By normal production the Southern Pine Association means the average output for the first 4 months of 1916 and normal stocks refer to the average stocks during the 16 months ending with April, 1916. 2 The Western Pine Manufacturers' Association has suppliedfiguresshowing the actual and norma ] production for the mills reporting in each of the periods shown. From these figures the per cent of normal production is obtained in each case, and this per cent is applied to the normal production of 54 identical mills. The normal monthly production of these 54 mills is given as 148,000,000 board feet and is estimated to represent 70 per cent of the output of the western pine territory. » Actualfiguresreported by about 20 mills each month to the California White and Sugar Pine Association; the number of mills varies from 13 to 26. * Northern pine from the Northern Pine Manufacturers' Association, and includes reports from some 24 mills, both member and nonmember, located chiefly in Minnesota. 91 PINE LUMBER. Table 44.—NUMERICAL DATA. From Government and non-Government sources. [Base year in bold-faced type; index numbers on opposite page.] YELLOW PINE.i YEAR AND MONTH. Stocks, end of month. Pricey "B" and better, Hattiesburg. Thousands of feet, board measure. Per M feet. Production. 1917mo. a v . . . . 423,529 1918mo. a v . . . . 368,309 1919mo.av 380,533 1920mo. a v . . . . 358,031 1921 mo. a v . . . . 375,438 1922 mo. av 436,467 WESTERN PINE.2 Ship- Stocks, end of ments. month. Production. Shipments. Stocks. Lath. Produc. tion. Shipments. Thousands of feet, board measure. Thousands of feet, board measure. NORTH CAROLINA NORTHERN PINE.* Lumber. Production. Thousands. Production. Shipments. Thousands of feet, board measure. 1,371,652| $31.54 109,357 110,423 5 2 , 5 6 1 31,900 265,113 97,784 48,263 37,284 109,032 287,645 58,368 36,036 110,697 881,924 267,276 39,110 76,840 1,063,658 29,114 370,303 866,388 66,387 128,669 45,784 382,216 1,116,259 937,748 1,187,587 1,211,174 1,177,627 33.76 55.00 74.53 35.98 45.46 113,424 113,794 134,467 74,437 119,956 April 291,843 334,054 384,300 366,631 1,302,849 1,284,291 1,287,447 1,248,058 33.99 31.92 30.71 24,698 22,274 63,126 74,324 May.... June... July.... August. 387,736 367,357 370,310 396,062 1,223,441 1,225,461 1,256,643 1,225,839 31.78 32.39 32.27 32.52 109,266 119,831 108,354 103,948 73,942 75,868 76,120 90,397 September October November December 391,948 401,484 423,702 1,183,042 1,083,311 1,087,727 1,125,979 35.79 42.57 47.41 43.57 84,984 82.144 63,155 37.145 1921. January February March CALIFORNIA WHITE PINE.s 40,273 50,139 34,204 44,512 27,768 48,357 12,087 9,581 12,574 34,230 33,514 30,164 9,882 52,543 11,097 32,179 6,357 29,791 29,052 52,496 3,659 5,482 5,576 8,971 7,554 18,665 19,600 22,922 361,100 372,835 367,374 342,177 24,319 23,722 26,396 29,180 16,117 18,028 24,040 5,250 5,336 6,217 6,643 2,664 4,947 9,255 13,521 11,221 21,539 24,423 15,883 19,215 20,020 21,805 1,015,276 1,072,349 1,103,480 1,120,913 53,423 75,357 68., 597 69,240 30,273 31,097 26,914 36,150 325,209 382,202 371,804 403,083 42,068 51,035 50,558 54,047 24,790 27,553 24,890 31,209 9,265 11,870 11,949 12,854 11,135 13,051 11,504 16,589 26,999 29,316 30,989 31,360 23,604 29,995 32,879 28,553 91,996 105,780 96,496 82,505 1,101,300 1,085,943 1,056,576 1,052,423 58,940 58,348 35,445 26,278 36,543 47,808 37,018 34.827 324,761 427,720 401,677 43,767 33,881 12,275 19,205 39,920 47,327 41,799 25,458 16,795 8,878 3,659 5,311 12,708 10,995 7,635 4,582 32,396 39,347 42,497 43,190 30,758 42,406 42,980 40,530 42,793 1,073,594 48,603 1,056,161 63,126 1,027,624 998,258 74,453 1922. January February March April 396,120 373,626 428,103 397,553 1,172,652 1,200,704 1,208,089 1,159,422 41.96 43.53 40.96 41.35 35,385 41,793 66,509 108,186 82,874 89,272 116,551 132,001 966,705 907,712 823,200 805,870 20,318 9,327 7,290 19,149 24,287 23,893 30,327 32,730 381,316 378,640 314,258 287,452 22,530 18,612 34,783 52,096 28,444 25,565 34,295 48,416 6,052 5,160 9,018 13,430 5,908 4,717 9,061 8,748 42,490 50,890 52,290 54,180 32,270 41,090 50,050 50,330 May.... June July.... August. 477,898 499,247 446,468 479,138 1, 111, 878 1,095,580 1,091,060 1,117,534 42.48 45.63 45.22 46.12 160,087 163,816 141,898 175,630 162,776 173,981 155,837 161,840 778,475 758,551 794,040 796,220 60,951 93,099 89,366 131,500 37,878 53,327 40,405 68,128 223,196 347,278 386,171 430,529 68,252 65,662 62,065 65,741 58,428 58,398 57,409 64,980 18,115 20,287 19,880 18,877 9,986 10,896 13,574 21,936 52,990 54,250 55,370 54,600 57,890 52,360 53,480 59,930 September October November. December 445,258 441,986 443,389 400,815 1,207,900 1,273,446 1,274,418 1,218,843 49.45 49.86 49.27 162,479 173,178 149,253 61,253 140,278 112,163 106,071 110,380 856,094 919,186 993,484 997,116 112,959 122,692 84,497 45,501 65,051 59,088 58.828 55,471 376,117 494,537 489,042 478,054 52,803 45,688 26,693 19,219 56,363 53,526 52,741 41,717 15,324 12,909 7,503 4,329 21,948 10,183 10,085 6,121 55,230 57,400 55,090 45,731 61,180 65,660 59,500 46,214 1923. January... February.. March April See footnotes on opposite page also. 5 Data computedfromreports on actual production and shipments as furnished by the North Carolina Pine Associationl Inc., for mills varying in number from 31 to 56. The computedfiguresgiven are obtained byfirstdetermining for a given month the per cent which the actual production is of the normal production of the identical mills reporting. This per cent is then applied to an arbitrary figure of 70,000,000 board feet which represents the approximate monthly average normal production of the mills, which reported in 1919. A similar per cent of actual shipments to normal production is applied to the samefigureto obtain the computed shipment figures. The resulting figures represent a computed production as of identical mills for each month. Thefiguresare of the same order of magnitude as the actual reported production and shipments, but avoid the rather wide variations due to different mills reporting in different months. 6 Data from U. S. Department of Labor, Bureau of Labor Statistics and represent average weekly prices for the month. The 1913 monthly average on which the index numbers are based, is $23.04 per thousand feet. 92 LUMBER—MISCELLANEOUS SPECIES. Table 45.—INDEX NUMBERS. From Government and non-Government sources. [Base year in bold-faced type; numerical data on opposite page.] DOUGLAS FIR.* YEAR AND MONTH. Production. Price,* Ship- N o . l , ments. c o m mon. to Relative to 1917. Rel. 1913. 1909-1913 mo. a v . 1913 mo. av 1914 mo. av 1915 mo. av 1916 mo. av 1917 mo. av NORTHERN HEMLOCKS MICHIGAN SOFTWOODS. 8 Production. Ship- Stocks, end of ments. m onth. 1OO 113 172 100 100 Shipments. Relative to 1913. Relative to 1917. 100 100 Production. a 100 1OO 100 82 84 94 1OO 89 95 98 91 TOTAL LUMBER. CALIFORNIA REDWOOD.' Production. Ship- Orders rements. ceived. Production.e Exports: Boards, Hardplanks, wood. etc.* Rel. to Rel. to 1913. 5-yr. av. Relative to 1918. 1OO 96 95 103 97 1OO 121 84 53 51 48 74 72 37 40 46 3 69 »50 »52 70 49 89 80 72 45 62 104 102 53 51 72 100 97 118 106 131 1OO 115 124 100 154 100 166 67 65 53 39 45 139 106 103 166 85 94 94 80 103 48 71 72 56 72 56 64 168 136 136 136 28 31 46 55 10 13 27 24 70 72 75 76 50 45 42 43 16 23 31 46 55 60 116 93 62 59 105 107 30 63 119 97 56 66 79 80 111 97 125 125 125 114 55 46 27 37 37 50 34 41 76 75 71 74 52 60 60 59 50 59 44 57 122 108 86 129 81 76 77 118 99 79 48 116 1918 mo. av. 1919 mo. a v . 1920 mo. a v . 1921 mo. av. 1922 mo. a v . 107 107 109 85 126 112 110 104 92 126 198 276 325 1921. January February March April 47 57 73 80 May.... June July.... August.. 92 91 78 94 113 82 87 Rel. to 1920. 100.0 100.0 55.7 61.6 48 37 41 54 137.8 127.0 113.3 109.8 67.6 62.4 58.6 57.5 45 60 60 59 99.6 94.9 91.6 85.4 53.6 52.8 51.9 50.1 82.1 81.5 84.1 92.9 49.7 53.3 55.8 55.3 92.6 92.2 93.1 90.6 55.2 56.2 55.6 55.6 90.5 93.6 97.7 98.0 58.2 62.0 61.6 62.6 97.5 101.0 101.8 108.4 67.7 67.1 67.8 69.1 109.0 69.3 114 114 125 125 31 26 48 31 74 64 41 71 63 60 61 42 31 31 26 91 77 47 113 113 135 105 104 117 171 117 122 155 198 105 83 113 97 87 80 56 69 62 85 1922. January February March April 100 116 115 121 102 107 114 136 125 136 124 125 26 18 24 51 32 34 34 46 56 51 48 47 55 35 54 66 38 33 58 60 100 87 130 126 119 131 156 126 139 135 169 148 85 84 95 96 71 90 74 May.... June July.... August.. 133 140 136 136 151 160 138 133 147 147 158 179 57 72 51 63 54 48 43 50 46 47 58 43 72 90 77 98 108 85 81 133 122 168 183 162 122 190 219 148 128 215 114 120 109 118 September. October.... November. December.. 137 138 136 104 129 114 110 123 212 212 212 212 63 49 25 35 53 48 49 57 50 51 47 43 67 63 48 53 136 140 176 84 165 125 182 188 144 168 204 179 112 112 107 1923. January February March April Rel. to 1921. Softwood. 196.4 97 107 105 September. October.... November. December.. COMPOSITE PRICES.* 76 85 65 See footnotes on opposite page also. i The figures of production and shipments of Douglas fir were obtained by appyg pyg fig f l pprod p gg g p pt of reporting mills as supplied by the West Coast Lumbermen'z's Association to thee actual 1920. The production in that month was actual production production of of 124 124 mills mills for for May, May, 1920. 447,654,540 board feet. 2 Data from U. 8. Department of Labor, Bureau of Labor Statistics, and represent average weekly prices for the month for the State of Washington. 3 Data on Michigan softwoods (chiefly hemlock) are actual figures reported by about 40 mills each month to the Michigan Hardwood Manufacturers' Association. The number of mills vanes from 35 to 62, but 44 is the highest number reporting since the beginning of 1920. 4 Compiled by the Northern Hemlock and Hardwood Manufacturers' Association, representing chiefly Wisconsin and upper Michigan mills, from actual reports of from 60 to 75 mills each month. 93 LUMBER—MISCELLANEOUS SPECIES. Table 46.—NUMERICAL DATA. From Government and non-Government sources. [Base year in bold-faced type; index numbers on opposite page.] DOUGLAS FIR.* YEAR AND MONTH. Produc- Shiption. ments. Thousands of feet, board measure. 1909-1913 mo. a v . 1913 mo. av 1914 mo. av 1915 mo. av 1916 mo. av Price,* No.l, common. MICHIGAN SOFTWOODS.3 NORTHERN HEMLOCK.* Pro- Ship- Stocks, duc- ments. end of tion. month. Pro- Shipduc- ments. tion. Per Mfeet CALIFORNIA REDWOODS Production. Ship- Orders rements. ceived. TOTAL LUMBER. COMPOSITE PRICES.8 Production^ Exports: Boards, Hard- Softplanks, wood. wood. etc.7 Dollars per M ft. b. m. Thousands of feet, board measure. $9,208 7.917 7.875 10.375 17,741 2 106,216 13,200 * 84,180 12,857 »52,994 6,494 3 55,518 7,034 74,724 52,045 37,664 37,603 30,718 31,798 36,442 32,339 34,653 35,659 35,327 33,643 30,056 27,290 16,986 23,483 33,169 37,974 37,051 19,431 18,435 26,083 37,460 36,404 44,243 39,618 49,035 28,547 32,759 35,337 28,441 44,010 2,197,334 2,102,537 2,086,531 2,262,175 178,388 216,066 149,145 93,959 91,216 2,141,144 1,874,419 2,069,522 2,059,875 1, 762,264 2,270,551 85,220 85,452 109,268 129,227 $49.59 100,587 $41.77 27.63 128,515 82.05 30.53 349,165 375,128 374,680 380,850 297,737 440,241 328,201 361,251 355,432 335,735 298,505 408,848 15.875 18.250 25.417 29.917 11.833 15.250 17,288 11,661 11,294 9,207 6,658 7,717 1921. January February.. March April 163,391 213,527 253,368 277,989 182,192 | 15.500 205,470 j 12.500 277,989 12. 500 315,591 12. 500 4,842 5,380 7,974 9,457 1,729 2,333 4,773 4,324 74,772 76,563 79,56S 80,587 18,645 17,050 15,709 16,183 5,796 8,383 11,302 16,670 20,768 33,607 43,496 35,002 17,821 16,940 30,002 30,635 8,480 IS, 080 34,248 27,867 1,221,402 1,453,379 1,731,420 1,757,943 86,182 66,342 73,180 96,558 57.54 53.04 47.32 45.86 33.50 30.96 29.05 28.49 May.... June— July August.. 320,515 316,039 273,064 329,020 358,565 314,248 267,245 363,937 11.500 11.500 11.500 10.500 9,559 8,021 4,752 6,363 6,568 8,823 6,006 7,217 80,728 80,129 75,722 78,229 19,638 22,615 22,444 22,278 18,234 21,551 16,107 20,657 45,799 40,539 32,334 48,748 23,051 21,786 21,935 33,797 28,394 22,817 13,682 33,417 1,948,155 1,926,225 1,794,298 1,919,598 79,665 106,862 106,388 105,848 41.61 39.65 38.26 35.66 26.57 26.19 25.72 25.04 September October November December 337,973 374,681 366,646 346,634 316,486 366,176 312,477 301,688 10.500 10.500 11.500 11.500 5,403 4,519 8,245 5,386 11,048 13,086 11,277 7,219 75,431 66,576 63,677 64,703 15,705 11,782 11,835 9,953 24,124 33,127 28,188 17,076 .42,721 42,423 50,489 39,490 29,817 33,417 48, 814 33,280 35,024 44,599 56, 820 30,235 1,824,442 1, 888,226 1,916,251 1,765,825 100,585 123,264 110,902 151,268 34.29 34.05 35.13 38.79 24.63 26.41 27.65 27.40 1922. January February March April 350,081 403,802 402,459 422,157 330,831 346,500 367,988 439,169 11.500 12.500 11.500 11.500 4,575 3,117 4,211 5,720 59,475 54,605 50,752 49,716 20,633 13,368 20,290 24,793 13,867 11,931 21,051 21,913 37,386 32,648 48,884 47,099 34,057 37,536 44,507 35,888 39,922 38, ,841 48,604 42,479 1,865,240 1,837,104 2,078,404 2,103,965 148,675 125,973 159,869 132,807 38.52 38.99 37.82 27.39 27.87 27.58 27.59 May June July August 464,686 488,861 476,199 475,878 487,518 518,407 445,625 430,215 13.500 13.500 14.500 16.500 9,832 12,406 8,846 10,863 9,546 8,563 7,563 48,807 50,137 61,475 45,798 27,187 33,879 28,857 26,112 35,630 39,240 30,971 29,570 63,162 49,736 45,614 62,827 52,378 46,363 34,818 54,118 62,945 42,412 36,703 61,945 2,497,962 2,641,883 2,405,874 2,583,080 135,953 152,379 115,858 123,233 37.82 28.87 39.10 30.76 40.81 30.52 40.93 31.02 September. October November. December.. 477,222 482,145 474,961 364,436 415,442 369,332 356,333 398,815 19.500 19.500 19.500 19.500 10,901 8,548 4,299 6,112 9,345 53,607 54,454 50,085 45,633 25,073 23,649 17,963 19,997 32,333 28,171 27,888 20,425 50,901 52,531 66,105 31,527 47,223 35,659 51,988 53,589 41,447 48,366 58,499 51,492 2,452,180 2,466,850 2,359,837 1,954,228 106,943 40.75 42.23 42.53 45.29 33.56 33.26 33.62 34.27 45.54 34.36 1917 mo. 1918 mo. 1919 mo. 1920 mo. 1921 mo. 1922 mo. av av av av av av j j ' ! j I 1923. January February.. March April 6,103 8,157 8,701 10,149 28,745 39,'934 30,576 29,472 47,805 110,152 115,243 115,097 See footnotes on opposite page also. 6 The California Redwood Association has furnished to the Bureau of the Census the figures on the actual production, shipments, and orders receipted by 7 identical mills for each month of 1918,1919, and 1920. These 7 mills represent 40 per cent of the capacity of all listed mills for these years. For the first 4 months of 1921 reports were furnished from 10 mills representing 56* per cent of the capacity of all listed mills. For the remaining months of 1921 reports are available from 11 mills representing 71 per cent of the total listed capacity, and for 1922 reports are available from 14 mills representing 73 per cent of the total listed capacity. The actual average monthly production of the 7 reporting mills for 1918 was 14,984,000 feet. On the basis of 40 per cent capacity of the 1918 average monthly production of all mills is computed as 3< .460,000 feet. Regarding this as normal production, there has been computed the probable production of the total redwood capacity based on the proportion which capacitv of the reporting mills bears to the total of all mills. The columns on shipments and orders received represent a similar relationship between the actual reported figures and the total capacity of all mills. • Figures in this column represent the total cut of 10 species of lumber—yellow pine, Douglas fir, hemlock, western pine, redwood, maple, birch, white fir and, beech and sugar pine-representing over 70 per cent of the total cut of lumber in the United States. Annual figures for 1913 and 1914 are from actual reports to the V. S. Department of A gricuUure, Forest Service, and from 1915 through 1920 are computed on the basis of actual reports to the Forest Service. Monthly figures for 1920 are obtained by prorating the cut of each species as reported by the associations whose figures are carried in these columns to the Forest Service totals. For subsequent months prorating is done on an approximate average for the years 1917 to 1920. I 7 Exports of lumber are from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. » These indices are for the first week in each month as published in "Lumber," and represent a combined weighted average for the respective series of lumber, based on quotations on various grades for each species, and the species weighted according to annual production of the previous year, changing about May of each year, when the new production figures are available. The softwood index is based upon seven species: Yellow pine, Douglas fir, North Carolina pine, white pine,'hemlock, spruce and cypre?s 'The hardwood index is based upon 13 species: Maple, birch, basswood, elm, beech, oak, gum, ash, cottonwood, chestnut, poplar, hickory, and walnut. 94 FLOORING AND NAVAL STORES. Table 47.—INDEX NUMBERS. From commercial and trade sources.1 [Rase year in bold-faced type; numerical data on opposite page.] MAPLE FLOORING. Unfilled Infilled Produc- Ship- Orders Stocks, end of orders, booked.; end of tion. : mcnts. booked. month. month. <*liln- ' Stocks, IOrders j orders, Production. YEAR AXP MONTH. OAK FLOORING. Relative 10 1919. TURPENTINE.* ROSIN.' Net receipts Stocks Net re- Stocks Relative to 1913. 1909-1913 m o . av 71 1913 m o n t h l y av , 100 Relative to 1919-20.* 76 77 131 1OO 1OO 100 1914 m o n t h l y av j 112 [ 114 122 183 1915 m o n t h l y av j; 138 j 148 156 232 1916 m o n t h l y a v . . . ; 173 j 191 187 250 1917monthly av ! 167 174 147 1918 m o n t h l y av j 73 92 78 100 j 151 184 193 160 85 1OO 80 98 210 174 150 150 192 165 143 173 240 166 170 151 358 143 168 84 383 83 141 1OO 1OO 1OO 1OO 143 109 123 104 141 149 12S 164 100 100 103 36 70 j 161 j 130 104 258 199 63 27 j 186 : 226 230 375 180 84 53 i 343 ' 398 3S9 256 288 109 207 178 149 456 52 53 39 33 125 154 17S 196 26 19 15 108 112 83 78 66 17 19 19 110 92 94 76 361 383 409 425 74 73 55 59 211 181 157 138 143 160 158 172 173 146 148 137 92 102 129 156 53 47 81 74 36 42 62 57 200 198 203 206 30 42 51 61 13 16 17 21 64 70 S3 99 127 174 153 199 85 88 209 229 444 443 444 413 50 56 51 84 59 36 55 92 166 134 94 91 65 46 33 52 162 165 151 157 83 90 67 69 66 80 206 209 209 202 72 57 49 25 27 23 28 189 204 193 235 211 229 212 261 194 200 ISO 250 397 418 391 393 127 153 138 134 169 220 239 222 124 119 157 170 104 141 157 162 163 160 175 171 80 93 187 68 28 223 192 179 154 38 244 371 308 132 105 280 353 273 185 287 153 1S7 169 163 1919 m o n t h l y a v . . . 1OO 100 1920 m o n t h l y a v . . . 103 70 1921 m o n t h l y a v . . . 83 69 . 1922 m o n t h l y a v . . . 114 101 j September... October November... December... 110 107 87 67 1921. January February— March April 277 . 294 1920. May. June July. August September October November December 84 ., 1922. January. February March April. 75 108 113 94 184 102 46 254 325 290 76 200 49 36 262 301 389 214 232 117 242 28S 110 92 92 91 72 67 89 90 216 50 32 289 249 223 305 222 57 31 259 274 263 321 218 84 37 305 378 385 20S 98 47 298 370 491 312 296 : 451 161 206 140 171 i 151 215 203 175 46 172 109 171 I 21 107 69 156 344 22 62 79 147 462 86 36 104 133 293 I ; \ 28S 160 May 100 115 186 135 66 328 420 501 261 557 188 15 166 131 JllTlft 121 109 118 173 98 69 352 477 35 180 149 78 65 361 404 230 530 492 205 159 401 350 225 Julv August 118 104 130 212 53 176 160 151 84 59 415 450 4-25 234 513 225 83 190 171 September October November . D<*cember 125 134 127 136 107 103 110 108 150 85 58 358 427 360 235 496 196 95 180 175 158 83 57 395 486 393 211 445 174 103 142 173 155 80 54 402 440 480 213 486 174 129 1S9 183 163 102 58 352 40S 392 236 564 163 144 199 182 1923. January February March April i ; ! ! i i I See footnotes on opposite page. i | 95 FLOORING AND NAVAL STORES. Table 48.—NUMERICAL DATA. From commercial and trade sources.1 [Base year in bold-faced type; index numbers on opposite page.] MAPLE FLOORING. Y E A R AND MONTH. OAK FLOORING. Unfilled Orders Stocks, Produc- Ship- Stocks, Orders orders, Produc- Shipend of end of booked. tion. ments. month. end of tion. ments. booked. month. month. TURPENTINE.' Unfilled orders end of month. I Net Net receipts (3Stocks receipts Stocks 3 ports). ports). 3 ports). (3 ports). Thousands of feet, board measure. 1909-1913 mo. av. 1913 monthly a v . 1914 monthly a v . 1915 monthly a v . 1916 monthly a v . 1917 monthly av 1918 monthly av 1919monthly a v . . 10,039 | 1920 monthly a v . . 10,383 1921 monthly av.. 8,378 1922 monthly av.. 11,418 Barrels. 4,572 4,572 4,719 11,780 6,675 6,009 6,104 9,000 7,464 9,205 11,563 6,877 8,894 11,470 7,419 9,525 11,429 16,500 20,900 22,500 6,160 7,250 5,800 7,100 15,250 10,446 5,537 11,070 7,800 13,595 23,945 8,956 4,781 11,782 6,343 14,058 23,723 24,900 26,500 14,433 23,237 33,729 23,006 20,900 7,900 15,038 12,902 10,816 33,060 32,534 34,476 36,850 38,257 11,848 8,259 8,121 11,935 15,448 14,163 15,963 30,749 27,768 5,106 8,991 12,214 38,289 26,723 10,193 20,209 11,120 4,858 10,101 L0,745 12,411 22,877 ROSIN.' 26,494 22,807 26,312 59,721 74,513 83,914 92,260 93,023 275,273 325,956 23,034 12,736 111,396 119,138 80,202 46,423 322,345 270,594 15,240 31,092 21,869 21,436 34,013 46,315 68,983 71,835 200,226 314,974 5,331 5,311 3,997 4,287 32,162 27,640 23,893 20,974 44,396 49,885 49,209 53,356 96,591 81,712 82,877 76,738 176,612 195,837 247,253 300,315 3,620 4,095 3,666 6,111 8,919 5,455 8,430 14,055 51,563 41,755 29,299 28,412 36,234 25,935 18,507 29,356 310,905 316,440 289,971 301,713 55,937 192,287 1920. September.. October November.. December.. 11,027 10,782 8,707 6,693 6,135 6,274 4,634 3,928 19,306 23,807 27,520 30,255 3,079 2,456 2,632 2,736 14,726 9,790 7,266 5,570 7,200 7,499 7,368 6,251 4,979 4,711 5,509 4,562 4,019 3,785 4,695 2,694 1921. January February... March April 5,289 4,754 8,101 7,479 4,250 4,963 7,300 6,741 30,886 30,620 31,314 31,896 4,299 5,947 7,253 8,630 5,113 6,112 6,392 8,150 4,269 5,508 8,464 10,222 4,182 5,966 10,474 11,981 5,217 5,355 12,742 14,002 39,949 39,843 39,998 : 37,213 May.... June July.... August. 8,311 9,038 7,721 | 8,438 | 7,963 8,234 7,813 9,469 31,896 32,271 32,268 31,180 10,162 8,100 6,968 10,564 9,897 10,311 8,961 10,541 12,609 13,636 12,895 15,717 12,702 13,767 12,737 15,670 11,869 12,186 10,996 15,256 35,764 j 9,240 37,588 11,095 35,201 | 9,969 35,352 j 9,722 25,768 33,468 36,435 33,773 38,418 36,949 48,775 52,861 58,293 78,883 88,097 90,430 312,507 308,341 335,674 328,907 9,472 9,042 28,893 28,516 28,383 30,865 9,632 14,897 14,517 6,927 10,868 14,597 17,481 13,894 14,900 16,266 16,933 17,510 16,837 21,209 19,544 18,065 16,667 27,559 23,771 13,070 33,415 27,742 20,922 21,763 9,552 20,808 21,022 20,888 29,204 23,328 24,551 23,070 55,509 58,066 63,913 66,965 86,008 78,115 95,501 113,524 324,486 313,904 307,496 336,680 September.. October November.. December.. 7,510 10,851 11,329 11,713 11,066 11,141 1922. January February March April 11,024 9,274 j 9,218 ! 9,093 i 8,533 7,947 10,548 10,631 33,329 34,248* 33,632 32,174 7,051 8,105 11,923 13,853 12,226 11,818 14,282 17,839 19,262 17,282 20,367 19,892 14,970 16,455 22,690 22,227 13,606 16,063 23,479 29,951 27,467 28,856 28,090 26,615 21,330 20,907 24,935 33,501 7,054 3,240 3,301 13,139 53,423 33,204 19,280 11,081 61,209 38,533 44,069 58,015 327,932 299,305 282,428 255,326 May.... June July.... August. 10,701 11,866 10,434 13,047 13,606 14,280 12,956 14,002 28,793 26,719 24,528 23,272 19,076 13,920 11,078 11,950 25,098 26,330 25,076 22,668 21,914 23,495 24,082 27,669 25,251 28,646 24,261 27,037 30,608 24,472 21,340 25,971 23,534 20,245 20,712 421,054 40,417 38,434 35,637 37,173 28,659 31,306 32,306 34,346 4,601 10,731 16,491 25,849 93,019 100,556 98,368 106,008 251,823 287,138 308,027 329,268 September.. October November.. December.. 12,518 13,442 12,755 13,648 12,705 12,243 3,010 12,762 23,111 24,344 23,908 25,156 12,093 11,791 11,281 14,444 22,397 21,872 20,580 22,324 23,903 26,357 26,828 23,473 25,672 29,185 26,431 24,510 21,991 23,973 29,269 23,948 20,120 19,014 19,132 21,230 35,957 32,296 35,209 40,925 29,797 26,454 26,582 24,835 29,601 31,949 40,161 44,774 100,522 79,385 105,800 111, 108 335,702 332,747 352,465 349,917 j i | i 1923. January February... March April 1 Data on maple flooring (including also birch and beech) are from reports of 20 identical mills to the Maple Flooring Manufacturers' Association, said to represent about 70 per cent of the industry; data on oak flooring from reports of the Oak Flooring Manufacturers1 Association, by 25 mills, said to represent about 90 per cent of the total oak flooring industry; receipts and stocks at end of month of turpentine and rosin at Jacksonville, Savannah, and Pensacola compiled from reports of Savannah Board of Trade, Jacksonville Chamber of Commerce, Pensacola Chamber of Commerce, and the Naval Stores Review. 2 Monthly averages for years refer to seasons beginning April 1, of year indicated. 96 BRICK. Table 49.—INDEX NUMBERS. Based on data from commercial and trade sources.1 [Base year in bold-faced type; numerical data on opposite page.] CLAY FIRE BRICK.' | SILICA BRICK.* ! I YEAR AND MONTH. i Produc-! Shlp- Stocks. tlon. i ments. New Unfilled orders. orders. : Stocks Produc- Shiptlon. ments. 10 -: shids Stocks. P^J ttou ! h ' WHOLESALE PRICES. P i r p RHirif 4« FACE BRICK. ; - i ! and | kilns. Unfilled orders. 1 Common brick, Shipsalmon, ments. run of kiln, Chicago. Common brick, red, Xew York. ! Relative to 1920 (lOmos.) Relative to 1910. ! 1913 monthly £ 1914 monthly i 1915 monthly £ 1916 monthly £ 1917 monihlv t 191S monthly £ 1919 monthly £ 1920 monthly s 1921 monthly £ 1922 monthlv a 100 100 99 97 97 100 100 100 100 111 35 75 100 103 100 92 100 100 79 101 100 140 153 137 100 134 43 78 5S 40 89 98 39 34 173 173 34 108 41 155 30 106 63 37 IS 22 27 99 103 99 100 120 63 92 100 123 57 90 105 81 83 52 90 70 63 51 S5 89 97 97 39 40 33 38 76 60 45 38 66 63 24 May June July August 49 53. 43 52 45 43 43 52 99 103 103 103 41 44 33 47 36 37 32 29 17 2S 13 27 September... October November... December... 49 60 63 67 51 63 58 60 102 100 102 105 50 59 58 54 29 27 28 25 33 34 28 34 38 52 1922. January February March April 59 68 84 82 62 59 76 76 100 106 107 108 61 70 84 25 42 47 47 65 70 May June July August 92 95 93 102 87 90 91 97 110 111 114 117 112 108 102 48 61 72 79 September.. October November... December... 96 110 111 106 104 117 107 106 113 110 112 112 116 99 105 99 85 76 76 72 1921. January February March April Relative to 1913. 100 195 99 110 100 120 45 95 5S 100 106 37 79 32 34 182 1S1 243 333 232 1S6 265 27 229 251 36 227 251 75 78 235 248 1S6 229 94 106 102 128 177 170 172 172 221 221 225 225 40 108 118 87 71 171 174 175 181 232 229 229 221 173 170 176 162 37 52 69 81 46 57 117 146 170 170 173 173 232 255 248 255 121 132 116 104 136 133 123 102 102 104 105 174 175 156 144 177 178 186 177 302 307 307 290 114 127 94 100 113 114 105 133 94 76 60 64 135 127 102 96 17S 182 176 177 255 232 225 266 137 S4 91 96 118 136 133 138 160 48 49 49 55 101 161 99 93 91 104 101 85 141 157 159 181 47 59 52 56 75 87 86 88 87 56 51 93 104 87 82 81 69 76 76 89 83 91 93 90 86 91 112 99 97 81 94 81 78 95 101 108 33 151 1S9 33 33 36 41 32 92 122 135 232 S6 123 , ; i S4 ! 1 ! 44 42 i 1923. January February— March April See footnotes on opposite pace also. pt wholes*]*prices, monthly averages, from U. S. Department of Labor, Bureau of Labor Statistics. The sources of the other data in this table are: Clay fire and from the Rrfroctwu* \fonvfocturcrt' A SMociotion and face brick from the A merican Face Brick A ssociotion. * Figures for 1921 are from reports of 6S identical mills with a monthly capacity of 78,645,942 bricks, which is estimated by the association to represent from 6S to 70 per c*r.t ;*f the total clay fire brick capacity of the United States. Figures "for 1919,1920, and 1922 are computed to this capacity, respectively, from reports from 53, 56, and «0 mills haviiig a monthly capacity for the years in question of 71,572,186 and 73,526,1(0, and 73,307,190 bricks. 97 BRICK. Table 50.—NUMERICAL DATA. From commercial and trade sources.1 [Base year in bold-faced type; index numbers on opposite page.] SILICA BRICK.3 CLAY FIRE BRICK.* YEAR AND MONTH. Production. ShipNew Unfilled ments. Stocks. orders. orders. Production. Production. Shipments. Stocks II Thousands of bricks. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average. average. average. average. average. 1918 monthly 19x9 monthly 1920 monthly 1921 monthly 1922 monthly average. average. 50,727 50,648 138,810 51,434 93,746 average. 60,715 62,438 129,235 61,809 182,513 35,976 average. 32,029 29,114 136,967 22,958 54,836 average. 46,512 45,353 152,632 49,075 WHOLESALE PRICES. FACE BRICK.' ComCommon Stocks mon brick, in Unfilled Shipbrick, salmon, sheds orders. ments. run of red, and New kiln, kilns. Chi- York. cago. Thousands of bricks. Per thousand. $4.94 $6.56 4.87 5.53 4.78 6.05 4.78 8.04 4.95 45,184 89,119 86,279 45,120 124,471 115,696 '32,412 35,681 136,754 37,059 27,847 66,897 39,778 45,639 121,872 14,062 14,008 41,750 15,580 42,911 14,904 4,865 41,563 5,246 11,095 10,522 38,287 7.45 8.95 11.44 9.33 8.71 11.93 15.96 21.85 15.25 17.36 1921. January February March April 53,244 41,298 42,284 26,527 45,377 35,674 31,923 25,791 118,290 123,914 134,275 135,011 19,954 20,811 17,196 19,499 71,428 56,565 41,839 35,546 10,866 9,319 8,927 3,326 8,066 5,583 4,763 4,156 37,035 40,771 44,934 44,104 106 99 101 96 17,833 15,314 18,611 28,603 154,092 154,156 137,994 122,041 28,392 28,425 30,668 35,187 8,704 11,628 24,463 25,282 11.31 11.21 11.58 9.17 16.50 16.50 16.25 15.00 May June July August.. 24,958 26,967 21,909 26,189 22,791 21,862 21,587 26,485 137,178 142,283 142,604 142,308 21,075 22,397 16,851 24,190 33,830 34,365 29,629 27,334 2,442 3,879 1,847 3,836 5,161 2,455 3,150 3,752 41,385 42,809 41,507 41,591 92 88 94 97 37,734 41,303 43,188 53,410 121,185 118,192 122,671 142,178 41,298 42,476 42,261 47,050 30,474 34,266 33,189 41,609 8.74 8.41 8.49 8.51 14.50 14.50 14.75 14.75 September. October November. December.. 24,641 30,409 31,921 34,000 25,931 32,115 29,230 30,596 141,017 139,311 142,002 145,406 25,512 30,133 29,964 27,915 27,033 25,149 25,883 23,108 4,633 4,554 4,572 4,754 3,883 4,806 5,282 7,321 42,341 42,089 41,379 38,812 84 90 94 97 41,066 47,086 45,582 38,444 125,850 139,595 142,135 160,961 40,387 37,919 35,891 34,755 34,848 38,315 28,280 23,151 8.46 8.57 8.63 8.93 15.25 15.00 15.50 14.50 1922. January February March April 30,121 34,683 42,626 41,446 31,301 30,043 38,694 38,458 138,574 146,911 149,034 150,292 31,222 35,941 43,098 45,851 23,751 30,357 31,537 39,402 6,581 6,663 9,120 9,830 8,246 7,263 7,837 10,485 36,344 35,743 36,944 36,316 25,331 22,926 42,133 46,767 154,285 151,769 156,906 144,223 31,799 44,513 59,852 69,638 14,902 18,392 37,991 47,326 8.40 8.38 8.55 8.52 15.23 16.75 16.25 16.75 May June July.... August.. 46,794 48,367 47,266 51,828 44,120 45,772 45,851 49,075 152,259 153,517 158,236 162,876 51,041 57,805 55,681 52,300 45,300 56,861 67,557 74,399 12,233 11,578 11,332 10,704 10,676 12,533 11,687 37,845 38,747 37,572 35,743 54,867 59,756 52,408 46,849 121,540 118,756 109,545 91,339 87,626 89,860 90,678 75,825 56,433 56,762 50,579 46,710 8.73 8.78 9.16 8.72 19.81 20.15 20.15 19.00 48,839 ! 55,996 56,546 53,637 52,693 59,299 54,423 54,502 156,899 152,101 155,876 155,011 59,771 51,120 54,187 50,884 79,511 70,860 71,096 67,400 12,861 15,755 13,871 13,653 11,332 13,161 11,359 10,977 37,108 39,730 42,269 45,081 51,674 57,185 42,587 45,181 100,559 101,702 93,209 118,626 80,886 65,558 51,720 54,812 43,621 41,062 32,900 30,653 8.97 8.70 8.75 16.75 15.25 14.75 17.48 September October November. December.. 1923. January February March April See footnotes on opposite page also. * Figures for 1921 are from reports of 15 identical mills with a monthly capacity of 27,305,500 bricks, which is estimated by the association to represent from 78 to 80 per cent of the total silica brick producing capacity of the United States. Figures for earlier years are computed to this capacity from reports of 12 identical mills with a monthly capacity of 25,448,833 bricks. 4 The figures on face brick include data from all firms reporting to the American Face Brick Associntion each month. The variation in the number of firms reporting does not materially affect the comparison, as it has been checked on a small number of identical firms. & Ten months' average. 29011°— 23 7 98 SANITARY WARE. Table 51.—INDEX NUMBERS. Based on data from commercial and trade sources. [Base year in bold-faced type; numerical data on opposite page. 3 ENAMELED WARE BATHS. YEAR AND MONTH. Orders Orders Stocks. received. shipped. SINKS. LAVATORIES. Orders shipped. Stocks. Orders received. MISCELLANEOUS. Orders Stocks. received. Orders shipped. SANITARY POTTERY. 2 Orders shipped. Stocks. Orders received. Orders received. Relative to 1919. 1913 mo av 1914 mo av 1915 mo. av 1916 mo. av 1917 mo av 1918 mo. av 1919 mo. av 1920 mo. av 1921 mo. av 1922 mo. av 1920. September October . . . . November December 1921. January February March April 115 104 98 123 108 106 122 136 122 129 103 148 143 136 144 96 98 89 78 Ill 56 144 31 71 95 47 61 116 40 82 96 61 100 1OO 1OO 1OO 1OO 100 100 1OO 100 100 149 50 53 112 31 73 100 110 53 65 109 59 120 179 59 127 78 77 122 89 73 119 112 100 66 76 209 98 129 195 55 156 172 73 139 156 84 142 100 34 43 125 178 29 36 117 22 59 110 38 44 127 51 49 38 181 33 30 120 21 83 120 34 45 141 41 57 21 156 61 22 131 27 33 136 39 31 110 51 35 12 82 138 12 125 32 27 111 50 25 103 63 26 7 65 214 23 102 49 65 75 64 54 104 82 54 16 71 280 30 136 59 65 96 78 50 98 101 52 21 78 301 42 129 84 73 128 86 68 129 118 78 32 100 271 47 129 84 67 123 85 69 130 121 71 32 72 32 May June July August. 101 236 51 114 84 63 124 84 103 115 68 118 202 63 123 87 74 123 88 78 115 117 84 33 154 68 124 95 83 121 94 69 117 120 70 44 163 116 89 135 92 87 134 103 81 125 132 88 42 September October November December 157 75 71 82 145 85 92 134 102 88 92 169 67 111 170 85 110 131 154 118 89 103 108 53 67 101 115 75 54 71 85 142 183 1922. January February March April 148 96 59 120 72 70 130 91 71 117 112 126 60 99 80 68 105 106 71 97 140 127 84 138 73 109 135 103 96 137 104 130 124 152 135 70 154 73 93 135 103 81 125 101 84 52 189 167 91 199 90 130 166 122 108 158 108 115 52 226 143 154 222 75 188 181 107 160 174 107 153 81 237 113 215 235 56 262 200 82 222 178 97 192 95 238 90 184 224 49 221 197 66 189 171 83 177 97 204 71 142 184 45 151 160 56 141 142 79 147 129 227 54 118 206 42 134 174 47 117 150 74 135 171 205 September October November December 219 50 114 193 38 135 166 46 128 167 63 138 228 64 110 191 40 127 178 ! 44 117 154 63 124 166 217 79 128 197 CO ... . 148 177 | 49 158 149 63 150 165 229 82 137 200 CO May June . July August . 169 189 52 151 167 70 156 160 1923. January March April See footnotes on opposite page. 99 SANITARY WARE. Table 52.—NUMERICAL DATA. From commercial and trade sources. [Base year in bold-faced type; ^index numbers on opposite page.] ENAMELED WARE; BATHS. YEAR AND MONTH. Orders shipped. Stocks. LAVATORIES. Orders received. Orders shipped. Stocks. SINKS. Orders received. Orders shipped. Stocks. MISCELLANEOUS. Orders received. Orders shipped. Stocks. Orders received. 1913 mo. av.. 39,831 42,450 1915 mo. av.. 46,977 1916 mo. av.. 51,181 1917 mo. av.. 33,172 47,754 49,527 55,769 65,230 44,888 per kiln. 53,428 57,789 70,626 74,293 48,419 31,555 34,655 29,367 40,887 22,201 60,530 42,175 20,951 75,324 41,228 21,514 69,872 36,774 40,911 90,153 32,697 45,768 51,438 58,169 89,331 132,369 139,751 43,302 109,318 77,533 34,322 73,612 53,438 56,315 114,567 33,097 54,584 60,231 66,458 93,740 12,324 14,024 25,929 58,221 24,950 21,298 15,558 8,119 53,708 54,934 59,994 57,221 30,262 43,196 60,097 47,643 29,985 60,849 65,728 42,733 37,291 24,009 74,030 48,787 45,291 19,560 60,444 90,303 118,205 127,128 114,391 16,340 21,302 29,460 32,625 46,811 62,097 59,263 59,140 69,052 47,846 82,501 48,022 117,204 117,750 99,525 85,062 64,969 49,009 35,717 43,973 47,187 61,861 52,323 56,278 56,733 61,667 38,818 31,474 30,010 40,667 53,140 57,024 62,279 41,173 41,993 1922. January February.. March April 48,425 52,575 65,243 78,130 53,422 56,759 70,587 60,260 58,420 49,134 63,815 107,566 May.... June July.... August. 82,100 82,378 70,700 78,435 47,694 37,846 29,756 22,775 150,475 128,876 99,235 82,536 September October November December 75,766 78,834 74,943 79,204 21,195 26,799 33,126 34,517 79,722 76,737 89,690 95,633 1918 mo. a v . . 19,495 1919 mo. a v . . 34,608 51,441 41,510 72,228 1920 mo. a v . . 1921 mo. a v . . 1922 mo. a v . . 1920. September October November December 1921. January February.. March April May.... June July August. September October November December 61,617 , 62,683 54,008 28,230 22,444 24,499 27,157 34,573 35,011 40,933 49,314 56,515 54,377 63,217 51,259 Orders received. Pieces Number. 1914 mo. av.. SANITARY POTTERY.' 145,329 125,814 66,333 111,764 91,879 35,089 88,018 57,502 64,577 122,366 23,405 28,383 31,062 33,640 44,287 77,034 79,869 47,410 89,394 67,429 25,427 41,900 27,691 31,803 59,337 38,357 36,114 40,463 20,655 165 39,209 39,948 32,835 23,824 90 27,049 31,125 40,671 14,685 50 63,453 22,208 29,272 50,440 11,045 SO 40,979 80,752 47,243 29,494 65,831 22,553 70 52,181 97,924 44,442 27,738 80,533 21,757 90 53,481 69,623 107,730 59,456 36,737 94,389 32,810 139 49,060 67,141 106,862 61,120 37,020 96,524 29,571 137 430 145 183 537 117,422 46,686 67,487 105,916 63,250 29,341 91,737 28,661 137 121,969 54,428 66,924 110,776 68,858 32,674 93,365 35,084 140 132,453 61,378 65,861 118,638 60,449 33,155 95,792 29,505 189 128,354 63,882 73,047 129,570 71,191 35,616 105,781 36,788 179 66,328 118,272 67,381 73,101 127,822 77,359 37,268 94,134 38,359 227 77,293 94,091 81,978 92,820 107,332 97,104 43,792 82,017 45,137 288 54,924 100,912 51,677 70,899 114,830 62,228 33,330 80,980 31,537 232 4$ 176 111,834 49,961 57,430 133,014 62,222 27,518 91,643 29,879 367 63,047 102,190 80,124 73,877 129,586 84,791 38,831 83,242 54,545 535 70,654 101,566 68,414 73,660 129,505 71,434 35,446 80,742 35,240 222 91,039 126,228 95,891 90,764 152,980 95,137 44,912 86,334 48,062 225 101,482 104,543 138,757 98,905 135,071 140,620 49,402 85,528 63,910 347 107,708 78,062 192,546 109,377 102,747 195,503 50,644 77,788 80,341 400 102,345 68,558 162,788 107,671 82,831 166,095 48,507 66,636 74,159 419 84,077 62,349 111,455 87,492 70,789 123,938 40,187 62,981 61,491 94,219 58,483 98,765 95,235 59,400 102,617 42,634 59,088 56,516 555 737 88,161 52,826 99,232 90,456 58,034 112,951 47,450 49,975 57,813 87,325 56,340 93,800 97,379 55,512 103,089 43,669 50,101 51,832 90,324 59,645 108,976 96,645 61,183 139,373 42,429 50,451 62,935 91,592 59,595 124,052 103,418 64,908 132,847 47,336 56,284 65,199 712 710 1923. January February March April 1 Data furnished by the Enameled Sanitary Ware Manufacturers' Association and said to represent approximately 98 per cent of the total output in the United States. The Association explains that orders shipped are the best current index of the industry. Orders received are likely to pyramid during periods of great activity to be followed by cancellations if the demand drops off. Stocks always increase during the winter and spring months because more efficient work at the enameling ovens can be don©8 in cold weather and manufacturers operate at maximum capacity as long as they can finance operations and find storage capacity for the products. Data furnished by Sanitary Potters' Association and include the following articles, with percentages of total orders in 1920: Siphon jets 6.5 per cent, washdowns 54 per cent,t, reverse traps 4.3 per cent, small tanks 27.7 per cent, large tanks 5.2 per cent, and lavatories (not reported prior to July, 1920) 2.3 per cent. 100 CEMENT. Table 53.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government and non-Government sources.1 [Base year in bold-faced type.] CONCRETE PAVEMENTS CONTRACTED FOR. PORTLAND CEMENT. YEAR AND MONTH. Production. Wholesale price, net, Ship- atStocks end of2 without Total.* ments. period. bags, Chicago district. Roads. Relative to 1919. Relative to 1913. Production. Shipments. Total.* Per barrel. Thousands of square yards. Roads. 7,675 7,353 7,160 7,627 7,735 7,391 7,203 7,241 7,879 7,559 11,220 12,773 11,463 8,361 10,354 $1,002 .89 .95 1.19 1.53 5,923 6,691 8,335 8,191 5,910 7,124 8,026 7,921 9,714 10,454 5,257 8,941 10,160 9,741 1.67 1.66 1.80 1.54 1.61 4,455 3,264 4,686 6,595 a 3,435 2,454 3,662 4,863 27 49 128 210 4,098 4,379 6,763 8,651 2,539 3,331 6,221 7,919 10,300 11, 400 12,000 12,600 1.93 1.72 1.70 1.70 1,280 1,900 5,097 8,928 934 1,680 4,391 7,221 168 168 104 180 158 108 75 9,281 9,296 9,568 10,244 9,488 10,577 10,301 12,340 12,450 11,150 10,414 8,280 1.70 1.7ft 1.70 1.70 7,465 7,472 4,628 3,763 6,176 5,428 3,717 2,584 159 148 148 148 93 103 87 70 74 111 89 70 10,027 10,506 8,921 6,559 11,329 12,114 5,195 3,697 6,953 5,348 9,091 11,938 1.59 1.50 1.50 1.50 4,132 4,576 3,891 3,102 2,535 3,816 3,049 2,408 119 126 123 129 148 148 148 148 60 74 216 255 78 232 265 4,291 4,278 6,685 9,243 2,931 3,285 7,002 8,592 13,316 14,142 13,848 14,470 1.50 1.50 1.50 1.50 2,655 3,308 9,602 11,371 2,357 2,689 7,979 9,112 172 182 187 194 115 96 75 51 148 158 158 163 244 174 206 137 241 147 185 102 11,176 11,245 11,557 11,664 12,749 13,470 13,850 14,361 12,893 10,718 8,433 5,746 1.50 1.60 1.60 1.64 10,852 7,769 9,195 6,117 8,271 5,044 6,348 3,497 168 174 138 42 37 47 81 173 173 173 171 142 105 79 84 127 81 81 90 11,424 12,287 11,349 8,671 12,444 12,854 10,167 4,858 4,724 4,149 5,320 9,134 1.75 1.75 i:75 1.73 6,319 4,680 3,528 3,744 4,374 2,797 2,789 3,095 1OO 97 98 107 102 1OO 114 102 75 92 1OO 89 94 118 153 77 87 109 107 124 80 96 109 107 131 93 47 80 91 87 166 166 180 153 159 1OO 73 105 148 3 1OO 71 107 142 1921. January February March April 53 57 88 113 34 45 84 107 102 107 112 193 171 170 170 29 43 114 200 May.... June— July.... August. 121 121 125 133 128 143 139 167 111 74 170 170 170 170 September. October November.. December.. 131 137 116 85 152 164 70 50 62 48 81 106 1922. January February March April 56 56 87 120 40 44 95 116 May.... June July.... August. 146 147 151 152 September. October — November.. December.. 149 160 148 113 monthly average. monthly average. monthly average. monthly average. monthly average. period. 2 Wholesale price, net, without bags, Chicago district. B.—NUMERICAL DATA. 100 96 93 99 101 1918 1919 1920 1921 1922 Stocks at end of Thousands of barrels. A.—INDEX NUMBERS. 1913 monthly average. 1914 monthly average. 1915 monthly average. 1916 monthly average. 1917 monthly average. CONCRETE PAVEMENTS CONTRACTED FOR. PORTLAND CEMENT. 1923. January February March April 1 Data on cement is from the U. 8. Department of the Interior, Geological Survey, except prices, which are average of weekly-prices reported by the U. 8. Department of Labor, Bureau of Labor Statistics; data on concrete pavements for roads, streets, and alleys from Portland Cement Association, Highways Bureau. * Yearly figures represent stocks at end of year, not an average of monthly stocks, except for 1921 and 1922. »Of the numerical 1919 monthly average, 3,221,000 yards was actually reported. The remainder is the prorated portion of a total of 3,338,309 yards for the year of pavement less than 6 inches thick not allocated by class of pavement. This has been prorated to roads on the basis of the roads' share of allocated contracts. * Includes streets and alleys besides roads. 101 FLAXSEED AND COTTONSEED. Table 54.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. From commercial and trade sources.1 [Base year in bold-faced type.] FLAXSEED. j YEAR AND MONTH. MINNEAPOLIS. FLAXSEED. COTi TONSEED. DULUTB[. MINNEAPOLIS. Stocks, ShipShip- 2 Stocks.3 ReReend of ceipts.* ments.1 Stocks.3 month. cMpts.2 ments. Shipments.3 Receipts.' Relative Relative to 1913. A.—INDEX NUMBERS. B.—NUMERICALi 100 98 39 1OO 100 100 943 156 233 44 49 75 647 47 228 47 35 34 512 78 90 56 58 56 49 741 97 100 i 69 I 54 ! 79 53 1918 m.av. 1919 m.av. 1920 m.av. 1921 m.av. 1922 m. av. 56 61 59 67 26 18 33 97 40 50 73 416 35 41 41 44 69 30 31 26 8 100 30 50 62 i Receipts.8 Stocks.3 Shipments.8 Stocks, end of month. Stocks.3 Short tons. T h o u s a n d s of b u s h e l s . t o 1919. 1913 m. av 1914 m.av. 1915 m.av. 1916 m.av. 1917 m.av. COTTONSEED. DULUTH ! 1,036 DATA. 1,099 2,751 457 538 487 382 948 130 596 613 1,360 ! 2,060 63 83 33 34 31 129 502 98 194 341 377 846 53 22 33 31 8 96 524 83 52 346 338 208 16 4 100 575 105 60 182 175 119 i 512,448 25 28 58 552 51 226 412 278 758 | 296,219 71 469 114 970 362 454 1,U7 j 364,434 61 412 107 69 317 281 230 • 661,192 j 489,442 313,118 I i 1 1920. September. October.... November. December. 69 53 64 51 18 60 27 ! 653 82 150 524 199 1,656 138,418 157 135 225 96 39 44 95 ! 1,478 211 525 997 424 1,221 488,958 86 38 296 57 87 53 114 ! 808 59 689 589 960 1,460 587,996 76 10 445 59 32 53 116 ! 713 16 1,038 611 347 1,460 593,507 1931. January... February.. March April. . . . 29 18 507 17 5 57 95 278 28 1,182 172 55 1,557 484,832 29 23 509 10 3 60 83 269 36 1,185 106 32 1,639 424,557 46 44 476 5 5 59 ! 59 • 430 68 1,110 50 56 1,635 302,126 44 61 418 14 16 59 37 i 416 95 975 141 177 1,630 191,813 May June... July August September. October... November. December. 1922. January... February.. March April May June.. July August September. October....! November. December.. 63 47 426 41 66 52 25 55 51 457 45 46 48 j 21 35 74 494 55 85 33 19 37 129 461 28 23 32 ' 24 59 126 398 ; 39 28 122 108 364 54 79 41 135 315 76 86 36 59 170 37 54 32 103 73 11 14 22 77 58 6 6 12 4 12 l 27 55 38 21 34 ! 22 31 29 29 24 22 14 13 5 12 18 32 6 9 14 39 49 30 ! 2 4 9 I 33 24 11 50 109 90 53 95 113 91 124 64 117 67 76 1923. January... February . March April 8 ' 5 17 61 86 72 36 | 24 ! 20 ! 8 I 1 598 73 993 422 730 1,419 519 79 1,065 471 501 1,319 333 116 1,150 567 935 921 353 201 1,074 286 248 881 129 624 ! 120,801 76 559 197 928 399 309 978 1 143 1,148 169 848 559 863 654 j 150 389 211 733 783 948 545 | 767,318 121 ; 335 92 395 385 594 227 ; 620,117 i 256,872 5 5 3 6 82 302 161 170 116 151 151 50 204 120 136 66 65 131 21 g 257 86 88 120 127 84 53 52 45 52 176 3 5 1 5 4 : 45 68 87 147 226 ! 28 51 141 49 81 134 3 114 i 50 13 94 150 36 ; 77 70 21 47 9 198 290 (4) j 11 368 12 22 25 12 79 150 167 153 893 '< 390,970 732,651 418,349 107,058 i 45 970 23,319 19,431 13,880 | 55,995 176 21 514 189 334 403,223 ' 193 76 1,126 667 615 771,197 600 182 940 674 857,734 118 55 26 929 630 1 544 788 340 7S4,3S6 859 i 1 i 1 » Except cottonseed stocks at mills from 17. S. Department of Commerce, Bureau of the Census. Data on flaxseed from the Northwestern MtlUr. >nthly figures are totals of weekly figures with first and last weeks of month prorated. 2 Month » Stocks at end of week nearest the end of the month. * Index number less then 1. 108,573 99,821 102 CHEMICALS—FOREIGN TRADE. Table 55.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government sources.1 [Base year in bold-faced type.] IMPORTS. PotY E A R AND MONTH. Nitrate of soda. \ EXPORTS. IMPORTS. Total fertilizer.3 SulDyes phuric and dyeacid. I stuffs. 1909-1913 m o n t h l y a v . . 100 100 1914 m o n t h l y average.. 86 105 1915 monthly average.. 1916 monthly average.. 1917 monthly average.. 30 149 4 235 4 298 1918 1919 1920 1921 1922 monthly average.. monthly average.. monthly average.. monthly average.. monthly average.. 1920. September October November December 1921. January February March April May.... June July.... August. September.. October November.. December.. 1922. January February March April May.... June July.... August. 4 356 16 79 70 255 41 71 September.. October November.. December.. NUMBERS. B.—NUMERICAL DATA. 21,124 18,247 6,304 772 831 43,177 45,143 64,349 101,535 128,601 613,692 1,098,015 6,476,002 5,538,625 5,293,426 S28,937 44,749 209,255 662,832 1,342,280 103,391 85,639 30,647 32,747 28,627 1,090 289 394 174 169 4,843 4,920 9,339 1,976 1,497 18 53 114 72 75 762 3,357 14,880 8,739 153,766 33,955 110,160 30,767 6,691,220 1,774,627 2,415,922 1,067,934 1,039,208 1,401,492 1,423,703 2,702,388 571,658 433,200 18,713 54,509 117,994 74,620 77,973 116 74 102 14,861 16,647 6,843 7,189 111,779 84,844 88,519 72,403 1,589,383 1,639,590 2,012,627 2,004,085 3,119,295 119,614 2,350,448 | 102,697 76,986 2,310,751 105,716 2,018,453 103 74 62 64 4,231 7,300 8,496 4,001 80,305 29,532 46,201 29,810 1,903,970 2,285,806 673,314 1,345,096 1,335,531 548,420 717,693 372,033 106,153 76,292 64,408 65,829 53 73 63 52 3,007 5,153 3,378 8,757 37,778 37,847 20,791 33,045 787,647 817,159 553,587 1,083,892 396,524 605,096 444,283 610,666 54,518 75,391 65,399 53,676 102 61 98 62 14,023 15,735 13,731 17,060 19,646 13,250 15,629 5,365 620,961 1,379,564 705,218 658,995 452,574 481,927 500,918 394,230 105,358 63,259 101,497 63,663 65 50 64 84 17,591 20,793 21,925 24,883 9,470 19,160 23,452 29,891 728,337 625,631 1,003,128 1,991,368 657,042 337,826 498,274 345,550 67,011 51,656 66,566 87,311 12,585 27,367 52,912 24,288 64,130 49,442 31,307 42,474 2,148,293 2,481,290 1,034,756 672,533 306,938 345,578 420,805 464,273 158,149 66,793 57,854 97,525 <3,359 10,248 <52,081 67,929 258,144 482,036 512,997 531,986 373,727 452,498 483,264 512,619 259 10,780 197 267 8,123 32 205 328 7,985 34 168 327 6,975 20 186 310 4,615 35 68 372 1,895 40 107 110 2,480 19 69 219 1,286 14 87 128 1,370 24 88 133 2,091 16 48 90 1,535 41 77 177 2,110 46 101 1,564 74 31 225 1,665 65 36 115 1,731 81 12 107 1,362 83 22 119 2,271 98 44 102 1,167 104 54 163 1,722 118 69 324 1,194 60 149 350 1,061 130 115 404 1,194 250 73 169 1,454 | 110 1,604 I 153 64 56 94 42 1,292 1,564 1,670 1,772 ; | I ! 54 67 89 64 157 Long tons. ; 1OO 83 30 32 28 259 49 Dollars. 1OO 155 723 2,291 4,639 70 «16 Pounds. Total fertilizer.^ 100 179 1,055 903 79 115 Nitrate Sulphuric ! Dyes and of soda. ! acid. dyestuffs. |! Long tons. Relative to 5-year average 1909-1913. A.—INDEX Potash.* EXPORTS. 79 84 1923. January February March April i Data compiled by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. * Includes potash imported as chemicals and also the muriate and sulphate used in fertilizers. » Largely pnosphate rock. 4 Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October. 55,518 69,509 92,074 65,710 103 CHEMICALS—PRODUCTION AND PRICES. Table 56.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government and non-Government sources. [Base year in bold-faced type.] PRODUCTION.i ^EAR AND CONSUMP- STOCKS1 TION.i Acetate ! Wood Wood, of alcohol. i carbonlime. ized. MONTH. i Drugs I! and I EssenWood, pharma- tial : ceutioils." cals.3 Relative to 1920. Crude Chemdrugs.s j icals.s Relative to August, 1914. A.—INDEX 1913 mo. a v . 1914 m o . a v . 100 »1OO 2 100 212 279 242 255 153 1-55 163 185 202 134 174 181 166 157 140 92 6,243 98 5,971 100 5,381 95 71 70 64 59 155 149 141 135 200 189 34 79 74 80 84 168 153 145 141 138 33 31 25 24 31 j 28 | 22 23 90 88 83 82 129 | 126 | 125 | 123 j 165 159 151 142 136 135 130 126 143 147 148 158 90 90 90 90 31 41 57 29 37 51 64 81 85 84 102 119 | 117 116 118 138 138 135 137 123 126 127 132 147 151 147 145 90 85 85 85 65 65 76 58 103 111 105 106 117 115 116 117 136 136 135 135 134 139 155 177 144 148 156 158 59 66 74 116 115 115 115 135 133 130 135 177 177 178 177 121 128 131 137 131 122 121 123 182 195 196 204 1922 mo. av 1921. January February.. March April 51 49 44 26 64 57 37 May June July August.. 28 29 21 24 September. October November. December.. 29 39 54 70 72 1922. January February.. March April 80 84 61 65 May June July.... August . 58 62 72 76 75 80 77 105 107 112 104 78 101 122 13? 85 105 125 142 78 98 121 131 111 113 110 105 74 72 64 69 178 95 112 91 76 Sulphuric acid 66° New York.? Dollars per 100 pounds. Cords. DATA. $1.00 1.00 1.30 2.00 1.70 213 265 158 137 84 108 100 Gallons, 100 129 200 169 42 81 100 1OO 46 87 Thousands of pounds. Wood. 100 201 196 129 120 1OO 39 81 September October November December Relative to 1913. B.—NUMERICAL 1915 m o . a v . 1916 m o . a v . 1917 mo. a v . 1920 mo. av 1921 mo. av Sulphuric Acetate acid Wood I Wood, of 66° alcohol. carbonlime. ized. New York. 7 NUMBERS. 100 1918 mo. av 1919 mo. av WHOLE! CONSTOCKS.1 SALE PRODUCTION.1 I SUMPPRICE. || TION.1 WHOLESALE PRICES. 12,150 635,438 | 76,028 846,204 4,704 291,697 ! 32,064 714,302 9,883 550,594 ! 61,371 911,211 1.60 1.00 1.12 .91 .80 3,162 448,831 407,363 407,143 234,835 53,192 669,010 44,527 622,041 43,640 ! 676,765 26,191 709,043 3,355 3,474 2,603 2,937 211,078 198,675 160,724 155,020 23,483 21,641 16,827 17,744 762,013 742,857 702,445 697,566 .90 .90 .90 .90 3,552 8,465 197,230 258,599 362,317 458,553 21,670 28,491 38,982 48,382 688,899 721,696 714,027 865,258 .90 .85 .85 .85 80 84 8,330 7,993 9,660 7,390 468,818 457,656 534,812 416,112 49,559 49,465 57,874 43,775 875,010 936,859 899,781 895,826 .80 .80 .84 159 157 156 152 80 80 71 70 7,064 404,847 7,495 441,149 8,718 I 475,376 9,253 ! 508,644 44,496 50,207 56,570 58,887 889,219 904,909 943,793 881,858 .80 .70 .70 149 154 160 164 74 73 70 70 59,486 74,582 91,944 99,605 937,748 956,425 928,499 884,609 .70 .70 .70 .70 4,785 6,517 9,537 12,217 14,779 16,154 £37,803 664,933 795,569 901,403 .92 .98 1.00 .95 1923. January February March April i Compiled from reports of the National Wood Chemical Associat^xm to which are added reports from the principal nonmember firms. Total reports for each month vary from firms with a capacity of 3,200 cords to 4,500 cords daily; all months are therefore prorated to a daily capacity of 4,500 cords, representing about 90 per cent of the industry, on the basis of capacity reporting each month. J August, 1914. » Compiled from weekly wholesale quotations of 35 drugs and pharmaceutical chemicals by the Oil, Paint, and Drug Reporter. « Compiled from weekly wholesale quotations of 20 essential oils by the Oil, Paint, and Drug Reporter. * Compiled from weekly wholesale quotations of 40 crude botanical drugs by the Oil, Paint, and Drug Reporter. * The chemical price index from Chemical and Metallurgical Engineering includes quotations on 2"> commodities selected on the basis of their importance as representing both qualitatively and quantitatively the principal branches of the chemical industry. These prices are weighted on the basis of total production plus total imports in the 7«ar 1919. The figures are averages of weekly prices. ^ Wholesale average monthly price of sulphuric acid from United States Department of Labor, Bureau of Labor Statistics. 104 FATS, OILS, AND RAW MATERIALS. Table 57.—INDEX NUMBEBS. Based on data front Government sources.1 [Base year in bold-faced type; numerical data on opposite page. ANIMAL FATS, GREASES, AND DERIVATIVES. TOTAL ANIMAL FATS. YEAR AND MONTH. Consumption. Production. TOTAL DERIVATIVES. TOTAL GREASES. Stocks. Production. Consumption. Stocks. Production. Consumption. 100 100 107 129 182 109 Stocks. Relative to 1919. 1919 1920 1921 1922 quarterly average.. quarterly average.. quarterly average.. quarterly average.. 100 112 100 129 100 100 133 124 107 164 122 127 136 139 1OO 103 142 80 100 103 97 119 i: 1OO 90 95 85 i 1920. Jan. 1 to Mar. 31 Apr. 1 to June 30 July 1 to Sept. 30.... Oct. 1 to Dec. 31 124 119 94 109 93 114 111 96 143 166 118 103 132 129 115 119 119 100 102 82 99 98 135 132 106 87 105 111 105 93 81 93 100 78 90 1921. Jan. 1 to Mar. 3 1 . . . Apr. 1 to June 30... July 1 to Sept. 30... Oct. 1 to Dec. 3 1 . . . 139 135 114 127 106 108 106 106 167 232 137 121 128 127 111 123 74 89 82 106 140 157 148 121 96 101 162 155 80 88 93 92 77 101 144 141 124 148 100 90 91 104 129 179 117 84 142 140 119 142 119 118 112 127 105 85 67 62 183 151 176 218 101 91 114 130 1922. Jan. 1 to Mar. 31... April 1 to June 30... July 1 to Sept. 30... Oct. 1 to Dec. 31... 103 72 I RAW MATERIALS FOR VEGETABLE OILS. PEANUTS—HULLED. COPRA. FLAXSEED. CORN GERMS. YEAR AND MONTH. Consumption., st n r k «j Con- •\ Consumption. I sumptlon. Stocks. ; i , Con- sumptlOn. i Relative to 1919. 1919 q u a r t e r l y average 1920 q u a r t e r l y average 1OO ' 1921 q u a r t e r l y average 1922 q u a r t e r l y average ! ; 100 100 1OO 1OO 8 298 60 48 99 8 18 50 26 84 7 3 S2 48 101 100 64 53 58 1OO 104 105 99 100 109 51 49 45 103 104 106 103 156 250 209 353 52 48 44 68 103 103 94 122 101 169 179 320 41 61 76 56 109 66 90 139 93 83 170 217 250 192 141 1920. Jan. 1 to Mar. 31 Apr. 1 to June 30 July 1 to Sept. 30 Oct. 1 to Dec. 31 1921. Jan. 1 to Mar. 31 Apr. 1 to June 30 July 1 to Sept. 30..% Oct.ltoDec.31 1922. Jan.lto Mar.31 April 1 to June 30 July 1 to Sept. 30 Oct. 1 to Dec. 31 ( ' ] 5 6 10 12 j 1,161 j 8 i 12 j 10 8 12 4 8 j 10 9 3 H 73 90 128 56 42 101 61 31 112 49 30 36 13 9 14 41 14 63 33 13 74 63 49 96 64 30 104 4 3 2 2 97 69 108 75 47 96 64 29 91 93 47 108 See footnote on page 109. 105 FATS, OILS, AND RAW MATERIALS. Table 58.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] ANIMAL FATS, GREASES, AND DERIVATIVES. TOTAL ANIMAL FATS. TOTAL GREASES. TOTAL DERIVATIVES. Produc- i Contion. sumption. Stocks. ProducContion. sumption. Stocks. ProducContion. sumption. Stocks. Y E A R AND MONTH. Thousands of pounds. 1919 quarterly 1920 quarterly 1921 quarterly 1922 quarterly average.. average.. average.. average. 367,518 410,676 473,351 511,436 144,308 149,276 154,017 138,982 138,071 457,460 436,845 346,900 401,499 226,668 175,396 69,648 86,384 85,258 94,026 51,565 50,273 45,150 61,249 134,460 163,829 160,077 138,737 197,143 229,794 163,105 142,090 92,231 90,129 80,290 82,884 61,535 51,677 52,675 35,204 512,557 j 496,082 1 419,742 465,024 153,439 155,957 153,237 153,434 230,025 320,015 189,089 167,542 89,311 88,433 77,492 85,794 38,068 45,699 42,174 54,657 530,176 516,487 456,441 542,641 144,620 129,838 131,879 149,592 177,468 247,235 161,034 115,848 97,772 83,206 98,702 61,234 60,635 57,658 65,469 264,740 284,478 340,325 480,906 208,804 I 183,695 204,039 165,241 183,764 174,864 227,104 156,808 1920. Jan. 1 to Mar. 31 Apr. 1 to June 30 July 1 to Sept. 30... Oct. 1 to Dec. 31 1921. Jan. 1 to Mar. 31 Apr. 1 to June 30 July 1 to Sept. 30 Oct. 1 to Dec. 31 1922. Jan. 1 to Mar. 31 April 1 to June 30.... July 1 to Sept. 3 0 . . . . Oct. 1 to Dec. 31 54,927 : 66,925 |! 66,036 90,892 i 348,321 280,087 230,681 278,824 232,593 219,040 194,382 170,141 170,567 183,186 142,725 164,487 94,633 105,859 99,407 81,728 252,894 267,532 429,836 411,036 166,644 183,151 193,489 191,771 191,337 181,377 141,169 185,571 70,463 57,445 45,029 41,907 483,256 398,792 465,527 576,049 209,989 189,511 237,138 271,779 179,186 188,476 126,595 132,975 RAW MATERIALS FOR VEGETABLE OILS. PEANUTS—HULLED. COPRA. CORN GERMS. FLAXSEED. Y E A R AND MONTH. j Consump- i tion. Stocks. Consumption. Stocks. Consumption. Stocks. Consumption. Stocks. Tons. 1919 quarterly 1920 quarterly 1921 quarterly 1922 quarterly average average average average j i I | 35,426 2,980 2,931 2,581 11,148 33,184 2,001 319 42,153 25,276 21,161 34,674 Jan. 1 to Mar. 31 Apr. 1 to June 30 July 1 to Sept. 30... Oct. 1 to Dec. 31 1,709 2,276 3,716 4,218 129,474 869 1,330 1,064 30,921 23,808 25,784 20,591 1921. Jan. 1 to Mar. 31 Apr. 1 to June 30... July 1 to Sept. 30... Oct. 1 to Dec. 31 2,822 4,325 1,584 2,992 4,021 1,450 970 1,564 1922. Jan. 1 to Mar. 31 Apr. 1 to June 30... July 1 to Sept. 3 0 . . . Oct. 1 to Dec. 3 1 . . . 3,492 3,046 893 2,893 463 344 191 277 36,645 36,395 30,830 36,889 842 536 448 491 172,934 179,382 182,182 170,371 29,853 74,703 57,409 42,019 19,901 9,366 6,786 6,606 46,987 37,163 41,105 20,323 915 430 415 382 177,397 179,402 183,168 177,561 46,484 74,539 62,485 115,302 17,372 14,113 26,382 26,776 3,100 2,821 10,849 6,705 22,978 27,088 35,012 38,242 441 406 370 576 177,611 177,285 162,747 211,086 30,063 50,557 53^354 95,662 40,844 31,741 26,964 39,148 15,299 10,507 6,542 10,472 39,464 35 086 33,279 39,726 343 510 641 470 187,968 96,358 156,316 240,843 27,806 24,852 50,763 64,656 1920. See footnote on page 109. 106 ARGENTINE MOVEMENT OF GRAIN AND FLAXSEED. Table 59.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from commercial and trade sources.1 [Base year in bold-faced type. Wheat. Corn. Oats. SHIPMENTS.' VISIBLE SUPPLY.s SHIPMENTS.* Flaxseed. Wheat. Corn. Flaxseed. Wheat. Corn. VISIBLE SUPPLY.* Flax- j Wheat. seed. Oats. Corn. seed. Y E A R AND M O N T H . 1913 monthly average.. 1914 monthly average.. 1915 monthly average.. 1916 monthly average.. 1917 monthly average.. 100 35 89 82 32 1OO 71 92 60 15 Relative to 1913 or 1914. Thousands of bushels. A.-INDEX NUMBERS. B.— NUMERICAL DATA. 1OO 40 67 90 30 1OO 83 97 63 14 1OO 37 179 396 183 1OO 149 219 299 106 8,611 3,336 2,761 3,222 2,099 467 2,588 2,352 5,118 2,036 3,408 4,618 1,557 8,959 9,965 15,383 5,308 12,017 1,700 6,234 14,378 9,412 9,325 3,055 1,903 2,357 2,298 1,626 1,304 2,752 3,324 4,174 3,064 7,130 2,992 4,240 3,814 4,101 3,617 6,233 6,830 3,767 3,633 1,223 6,054 8,927 13,503 9,943 2,022 1,695 1,520 2,557 3,373 2,525 5,109 1,850 2,405 3,700 6,600 1,600 1,000 800 600 2,000 3,000 3,200 4,000 2,720 4,075 9,344 3,236 8,510 6,600 3,700 1,850 4,800 6,000 8,000 5,200 6,000 10,259 19,466 17,772 1,969 1,798 4,040 4,506 2,632 978 1,193 4,163 3,302 1,934 5,162 1,859 2,590 3,145 2,960 5,200 4,000 4,800 3,200 2,600 j 1,400 1,400 3,600 1OO 194 326 3,002 15,770 11,204 7,681 14,435 7,027 9,428 71 2,745 209 359 200 394 243 4 964 4,641 10,256 4,740 11 40 91 60 59 60 37 46 45 32 39 82 100 125 92 276 116 164 147 158 103 63 30 50 66 49 61 85 186 153 71 93 143 255 46 29 23 17 275 412 440 38 35 79 82 329 122 280 255 143 88 97 71 137 172 229 149 824 36 43 65 123 113 20 27 12 32 79 63 51 55 51 9 19 23 125 99 58 155 72 100 122 114 149 114 137 92 357 192 192 495 2,782 12,487 9,990 7,978 8,616 1922. January.. February. March.... April 87 223 321 219 37 48 28 22 43 86 50 35 76 80 80 68 229 272 186 57 46 80 275 302 385 385 7,530 19,213 27,600 18,852 5,788 7,603 4,485 3,398 2,196 4,414 2,556 1,789 2,538 2,662 2,661 2,271 5,920 7,030 4,810 7,400 2,400 2,000 1,600 2,800 2,000 2,220 2,800 2,800 May.... June July.... August. 137 158 154 99 54 43 51 45 29 55 25 25 109 112 161 154 214 143 129 71 149 92 69 34 247 220 220 137 11,782 13,622 13,265 8,482 8,491 6,842 8,001 7,168 1,461 2,809 1,290 1,258 3,627 3,749 5,380 5,129 5,550 3,700 3,328 1,850 5,200 3,200 2,400 1,200 1,800 1,600 1,600 1,000 137 137 137 330 5,234 5,199 6,449 6,972 9,790 1,861 1,850 1,850 2,590 3,330 4,000 1,000 7,600 1,000 7,200 1,000 17,637 501 812 107 317 4,000 2,400 13,358 6,248 4,440 1,600 :. 1918 monthly average., 1919 monthly average. 1920 monthly average. 1921 monthly average. 1922 m o n t h l y average. 104 116 179 62 140 1921. January.. February. March.... April 14 70 104 157 112 May.... June.... July.... August. September.. October November.. December.. 32 18 11 178 195 108 104 September.. October 61 62 10 56 71 114 60 104 16 77 71 November.. December.. 75 104 2 69 100 81 112 6 61 129 217 206 114 134 85 122 172 46 549 385 330 275 9,655 7,379 5,923 3,133 1,726 2,336 1,055 5,081 2,874 16,356 16,335 2,820 6,203 480 2,563 2,296 2,025 2,800 | 2,400 | 2,000 I 1923. January.-. 11,525 February. March April I 1 Shipments of wheat, corn, a n d oats as reported i n t h e Northwestern Miller. Shipments a n d visible supply of flaxseed as reported i n t h e Oil, Paint, and Drug Reporter. Visible supply of wheat a n d corn in chief ports reported b y Modern Miller. » Monthly figures are totals of weekly figures with first a n d last week of m o n t h prorated. 8 At end of week nearest end of t h e m o n t h . 4 Ten-month average. 107 VEGETABLE OILS. Table 60.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government sources.1 [Base year in bold-faced type.!) LINi LIN- SEED j SEED OIL I OIL. CAKE. YEAR AND MONTH. COTTONSEED OIL, CRUDE. VEGETABLE OILS. OLEOMARGARINE. Shipments Stocks, Profrom end of ducMinneapolis. m o n t h tion. Total Exim- 4 ports. 2 ports. Production. Consumptions LINLINCOTTONSEED SEED SEED OIL OIL, CRUDER OIL. CAKE. VEGETABLE OILS. Shipments from Minneapolis. ConTotal ProExim- I duc- sumpports.3 ports.4 tlon. tion. 5 Relative to 1913. j Relative to 1913. Relative to 1919. monthly av. monthly a v . . monthly a v . . monthly a v . . 100 78 65 70 100 1917 1918 1919 1920 1921 1922 monthly a v . . monthly a v . . monthly a v . . monthly a v . . monthly a v . . monthly av 73 61 85 61 53 110 66 61 52 40 54 50 1920. September.. October November... December.., 1921. January February March April May June July August September... October November... December... 1922. January February March April May June July August September... October November... December... 69 100 61 57 62 Production. Thousands of pounds. A.—INDEX NUMBERS. 1913 1914 1915 1916 Stocks, end of month. OLEOMARGARINE. B.—NUMERICAL DATA. 15,210 30,166 11,868 3 100 100 99 99 3 105 105 10,662 20.684 17,188 18,706 198 161 11,158 241 227 9,271 254 245 10,026 254 253 7,856 148 8,157 3 100 3 100 3 124 »99 109 396 58 3 141 106 41 3 172 99 36 3 305 100 110 100 91 61 3 316 58 3 334 107 99 76 3 133 147 59 71 24 ! 9,862 18,428 15,998 18,473 12,069 15,068 126 46 36 35 39 20 178 259 251 62 40 112 177 30 137 259 238 49 34 176 203 85 83 252 271 38 37 162 160 150 95 213 201 34 64 174 154 245 40 65 176 147 139 61 59 171 135 61 41 121 71 55 36 75 67 37 49 195 191 161 178 171 127 52 194 180 74 213 161 175 43 68 65 116 104 30 61 74 64 321,387 3 26,441 3 20,636 3 30,133 105,656 102,898 57, Oil 117,305 109,372 110,445 100,955 109,099 78,290 11,788 10,437 17,599 16,863 21,964 6,978 s 36,850 3 65,295 3 67,495 3 71,390 3 28,499 23,937 29,217 30,733 30,790 17,840 19,044 26,877 29,081 30,014 17,518 14,969 42,849 195,138 224,341 176,245 5,773 8,671 24,632 43,446 38,010 29,196 17,808 20,269 31,384 31,296 30,457 25,751 29,819 28,249 32,099 23,869 82,238 105,437 96,213 7,059 9,359 7,411 5,853 10,839 11,302 33,221 107,804 169,343 156,089 5,152 6,125 9,354 9,306 19,345 19,483 17,747 12,446 167,472 169,156 164,327 116,364 170,569 162,623 149,306 78,810 71,291 40,305 36,811 21,489 21,251 34,479 11,162 45,605 23,566 21,589 23,481 19,507 22,688 20,297 21,361 20,814 10,869 11,190 15,541 19,799 71,782 47,299 18,763 16,197 47,291 33,462 23,556 29,561 19,613 17,747 7,922 6,054 13,967 13,012 16,774 15,065 14,055 8,900 11,005 17,112 12,317 7,614 11,120 17,803 8,060 12,804 15,594 17,932 51,167 102,678 111,508 99,669 92,222 184,674 182,890 131,336 8,239 10,744 10,822 12,529 45,177 27,117 48,135 31,785 16,497 21,280 18,678 18,410 17,723 21,497 17,565 19,411 15,745 15,356 9,283 4,159 98,295 69,952 60,089 31,682 103,646 90,735 72,758 24,345 12,114 9,825 10,459 4,785 49,060 50,008 81,270 64,363 16,167 14,620 15,970 13,930 16,887 12,195 15,263 13,686 23,801 12,194 6,897 10,039 12,858 7,217 7,232 13,354 3,373 2,810 2,298 2,584 65,851 52,606 50,735 38,830 13,863 12,530 12,280 13,043 12,765 10,040 14,974 11,754 54,906 96,872 115,247 106,988 98,608 178,406 183,522 140,569 4,279 7 27,452 5,330 13,701 12,180 14,232 17,944 19,028 16,113 16,180 19,806 19,965 61 52 20 21 51 27 78 91 94 64 66 17 27 21 70 141 150 8,357 10,260 9,220 9,700 55 27 53 84 28 211 136 149 8,316 57 42 107 167 37 127 176 181 8,694 49 52 116 166 37 225 154 148 7,441 39 59 104 119 43 149 152 164 5,955 42 52 102 94 42 229 134 142 6,457 44 51 73 82 34 234 121 103 6,647 48 31 62 66 36 380 132 129 7,232 40 14 33 22 16 301 115 115 6,069 11,932 10,397 52 15 25 12 12 308 115 108 7,952 4,452 54 12 13 10 246 104 85 8,271 3,607 38 14 7 7 7 8 237 101 126 5,795 4,248 36 18 10 12 9 182 108 99 5,536 5,297 7128 15,164 16,357 74 50 57 89 15 118 136 11,237 77 54 101 162 18 148 136 11,702 120 166 47 157 167 111 127 42 168 3 12,102 11,861 312,002 11,798 3 12,151 11,787 3 12,709 12,404 29,042 17,758 31,641 16,977 1923. January February March April Except shipments of Unseed oil and cake and meal from Minneapolis Chamber of Commrece. The sources of the other data are: Imports and exports of vegetable oils from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; Cottonseed oil from the U. S. Department of Commerce, Bureau of the Census; and Oleomargarine production and consumption from the IT. S. Treasury Department, Bureau of Internal Revenue. 3 Includes cottonseed, corn, and Unseed oils. 3 These figures are for fiscal years beginning July 1. 4 The following oils are included: Chinese nut, cocoa butter, coconut, cottonseed, oUve (inedible), oUve (edible), palm, palm kernel, peanut, rapeseed, soya bean. Where certain of these are reported in gallons, they have been converted into pounds, an1 owing 7$ pounds per gallon. '•> Colored and uncolored, as represented by tax-paid withdrawal. 6 Figures for 1917 to 192-2 are monthly averages of cottonseed-oil production and stocks on hand at the end of the month during cotton crop years (beginning August 1 Of the preceding year and ending July 31 of the year to which the figure is credited). 7 Covers first 21 days only, during which period the old tariff law was in effect. 108 VEGETABLE AND FISH OILS. Table 61.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.l TOTAL CRUDE VEGETABLE OILS. YEAR AND MONTH. Production. Consumption. TOTAL REFINED VEGETABLE OILS. Production. Stocks. Con- sump, tlon. Stocks. COTTONSEED O I L CRUDE. Production. Con- PEANUT O I L CRUDE A N D VIRGIN. Con- sumption. Stocks. Production. sumption. Stocks. Relative to 1919. 100 82 87 75 100 80 79 72 100 75 66 64 1OO 74 76 57 1OO 74 79 67 100 124 104 79 100 80 89 65 1OO 86 98 67 1OO 85 80 51 1OO 15 44 26 1OO 40 20 13 100 139 56 15 1920. Jan. 1 to Mar. 31 Apr. 1 to June 30 July 1 to Sept. 30 Oct. 1 to Dec. 31 105 48 43 132 112 67 44 99 83 63 65 88 106 54 29 107 74 56 80 85 150 145 86 118 114 25 15 166 128 58 19 138 128 41 30 141 6 11 16 28 29 48 54 29 190 136 138 91 1921. Jan. 1 to Mar. 31 Apr. 1 to June 30 July 1 to Sept. 30 Oct. 1 to Dec. 31 113 57 56 123 96 73 51 96 86 54 50 72 103 66 38 96 74 93 85 65 143 117 45 109 135 43 40 138 140 88 39 127 149 34 45 90 31 53 45 48 21 19 25 14 78 61 34 50 1922. Jan. 1 to Mar. 31 Apr. 1 to June 30 July 1 to Sept. 30 Oct. 1 to Dec. 31 84 35 51 130 82 50 47 110 74 59 56 67 75 30 24 99 69 49 67 84 124 66 34 68 74 12 33 141 92 29 19 130 50 11 49 98 51 31 6 15 22 16 12 i 28 20 5 7 1919 quarterly average 1920 quarterly average 1921 quarterly average 1922 quarterly average YEAR AND MONTH. COCONUT OR COPRA OIL—CRUDE. CORN OIL—CRUDE. Consumption. sumption. Production. S t o c k s . | Productlon. Con- Stocks. LINSEED OIL. Production. Con- sumption. TOTAL F I S H OIL. Stocks. Production. Consumption. Stocks. Relative to 1919. 100 61 52 86 1OO 70 57 72 1OO 60 47 72 1920. Jan. 1 to Mar. 31 Apr. 1 to June 30 July 1 to Sept. 30 Oct. 1 to Dec. 31 74 58 62 50 93 70 53 63 56 65 65 54 1921. Jan. 1 to Mar. 31 Apr. 1 to June 30 July 1 to Sept. 30 Oct. 1 to Dec. 31 43 37 64 66 58 50 62 59 42 45 50 "51 1922. Jan. 1 to Mar. 31 Apr. 1 to June 30 July 1 to Sept. 30 Oct. 1 to Dec. 31 99 88 63 94 67 59 70 92 72 84 70 61 1919 quarterly average 1920 quarterly average 1921 quarterly average 1922 quarterly average ; i 1OO 101 91 109 1OO 101 80 113 100 82 88 90 1OO 107 107 101 1OO 113 126 183 1OO 120 152 154 1OO 201 152 231 1OO 123 200 301 1OO 101 119 105 132 102 116 54 125 99 113 63 91 84 85 69 104 107 111 106 123 123 121 86 104 98 118 159 51 242 319 190 188 110 91 104 90 69 111 135 64 78 103 114 60 71 87 103 68 73 91 121 105 105 95 121 81 141 138 146 187 127 106 189 13 31 284 279 114 137 175 371 119 136 120 99 111 98 109 119 129 95 104 125 94 88 101 77 110 62 91 140 157 196 188 192 237 148 106 125 24 108 540 252 167 320 395 320 73 109 133 103 See footnote on opposite page. 109 VEGETABLE AND FISH OILS. Table 62.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] TOTAL CRUDE VEGETABLE OILS. Production. YEAR AND MONTH. Consumption. Stocks. TOTAL REFINED VEGETABLE OILS. Production. Consumption. Stocks. COTTONSEED O I L CRUDE. PEANUT O I L CRUDE AND VIRGIN. Consumption. Stocks. Production. 357,501 329,038 235,347 | 283,350 317,757 | 323,940 232,600 221.954 111,271 94,597 88,668 57.301 21,902 3,271 9,683 5.599 142,724 45,507 33,357 156,801 1,207 2,311 3,498 6,069 15,166 25,624 28,779 15,498 45,571 32,691 33,166 21,989 Production. Consumption. Stocks. Thousands of pounds. 1919 quarterly average. 1920 quarterly average. 1921 quarterly average. 1922 quarterly average. 578,748 474,776 504,318 434,658 635,803 511,121 504,034 459,447 506,533 | 378,498 ; 332,003 | 324,227 1920. Jan. 1 to Mar.31... Apr. 1 to June 30.. July 1 to Sept. 30.. Oct. 1 to Dec.31... 605,931 276,403 250,289 766,481 710,472 427,625 277,387 628,997 422,606 319,008 327,692 444,688 494,688 251,416 134,228 497,967 234,127 200,612 286,368 303,342 424,016 410,244 243,293 333,517 51,875 594,291 422,783 192,412 63,185 455,021 1921. Jan. 1 to Mar. 31.. Apr. 1 to June 30. July 1 to Sept. 30. Oct. 1 to Dec. 31.. 652,230 329,053 325,521 710,468 611,266 465,952 326,390 612,525 437,804 273,298 253,595 363,313 481,294 309,791 179,066 448,890 264,764 331,487 305,542 233,124 406,697 332,772 126,385 308,262 481,779 154,281 142,990 491,979 459,680 288,757 128,850 418,473 166,078 37,851 50,576 100,167 6,825 11,633 9,833 10,442 11,213 10,352 13,354 7,635 18,848 14,761 8,121 12,0S0 1922. Jan. 1 to Mar.31... Apr. 1 to June 30.. July 1 to Sept. 30.. Oct. 1 to Dec. 31... 487,796 202 045 294,453 754.337 523,292 316,395 297,309 700.790 376,807 297,830 283,997 338.272 349,726 141,128 111,421 462.214 244,851 176,337 239,911 299,396 352,302 254,089 96,297 193.278 43,768 119,195 503.442 301,788 95,775 61,025 426.223 55,117 12,194 54,906 106,988 11,074 6,831 1,236 3.256 11,552 8,487 6,260 2,045 6,699 4,876 1,141 1,661 COCONUT OR COPRA OIL—CRUDE. Production. YEAR AND MONTH. Consumption. Stocks. 466,795 357,407 344,575 | 263,612 354,760 283,729 266.122 240,124 283,591 352,768 293,529 223.992 CORN OIL—CRUDE. Production. Consumption. Stocks. 406,334 LINSEED OIL. Production. 53,088 24,038 21,267 33,354 10,639 | 13,453 7.086 3.594 TOTAL FISH OIL. Consumption. Stocks. Production. Consumption. Stocks. Thousands of pounds. 1919 quarterly 1920 quarterly 1921 quarterly 1922 quarterly average average average average 1920. Jan. 1 to Mar.31 Apr. 1 to June 30 July 1 to Sept. 30 Oct. 1 to Dec. 31 1921. Jan. 1 to Mar. 31 Apr. 1 to June 30 July 1 to Sept. 30 Oct. 1 to Dec. 31 1922. Jan. 1 to Mar.31... Apr. 1 to June 30... July l t o Sept. 30.. Oct. 1 to Dec. 31... 53,886 105,564 32,805 j 73,525 28,247 60,274 46,381 \ 75,721 ' ! i | ' | 155,220 93,277 73,143 111,401 24,350 24,655 21,870 26,623 22,408 22,692 17,987 25,369 8,027 6,589 7,093 7.236 113,232 121,318 120,703 114,361 47,286 53,551 59,706 85.754 65,425 78,457 99,611 100.718 8,230 16,507 12,490 19.008 9,791 12,046 19,559 29,446 44,609 45,225 52,873 39,682 31,047 33,607 26,882 98,501 73,475 55,623 66,499 87,287 100,593 101,219 84,009 32,213 24,928 28,221 13,256 27,998 22,211 25,272 14,153 7,271 6,703 6,845 5,537 117,226 121,407 126,138 120,502 58,219 57,9*4 57,310 40,731 67,842 64,371 77,503 104,111 4,188 19,943 26,284 15,612 18,373 10,796 8,863 10,153 40,109 30,767 49,714 60,310 23,062 19,900 34,439 35,588 61,531 65,447 52,771 I 70,239 64,992 I 77,219 61,802 I 79,667 15,670 19,028 25,004 27,779 13,395 15,848 19,568 23,135 5,469 5,841 7,335 9,726 118,787 118,781 107,716 137,528 38,134 66,505 65,324 68,861 122,308 83,144 69,601 123,391 1,038 2,585 23,384 22,952 11,194 13,453 17,139 36,450 53,296 60,467 53,637 44,093 53,404 47,444 34,217 50,460 70,448 62,046 73,597 96,794 112,014 131,001 108,557 94,031 26,984 23,917 26,626 28,964 28,904 21,306 23,307 27,957 7,546 7,073 8,139 6,186 74,396 124,941 70,349 92,605 103,400 j 89,096 158,753 | 90,917 1,940 155,252 97,034 I 8,892 69,036 j 44,433 81,551 j 20,765 16,387 31,324 38,720 31.354 32,737 48,412 59,547 46.038 i Thefiguresgiven on pages 104,105, and 108 represent the movement of certain more important vegetable and animal fats and oils, as reported quarterly by the Bureau of the Census, Department of Commerce. The data cover factory production, factory consumption, and factory and warehouse stocks. The stock figures refer to the amount on hand at the end of each period. 110 FARM PRODUCTS, WHOLESALE PRICES. Table 63.—INDEX NUMBERS. Based on data from Government sources.1 [Base-year in bold-faced type; numerical data on opposite page.] WHEAT FLOUR. YEAR AND MONTH. WHEAT. Stand!! NO. i, ard Winter j! northpatstraights, ents, i Kansas spring, MinneCity, Chia polls. cago. No. 2, red winter, Chicago. RYE. BARLEY. OATS. CORN. COTTONSEED OIL. CATTLE. HOGS. No. 2, cash, Chicago. By sample, fair to good mailing, Chicago. Cash, Chicago. Cash, contract grades No. 2, Chicago. Summer, yellow prime, New York. Steers, good to choice, corn fed, Chicago. Heavy, Chicago. Ewes, Chicago. Lambs, Chicago. SHEEP. Relative to 1913. 1913 1914 1915 1916 1917 monthly average. monthly average.. monthly average. monthly average.. monthly average.. 100 111 145 159 249 100 107 146 158 274 100 114 147 155 254 1OO 102 133 137 231 100 121 172 175 294 100 98 113 139 210 100 112 132 121 170 100 111 117 132 262 100 91 94 147 212 100 106 102 113 151 100 100 85 115 188 100 108 127 153 220 100 104 119 141 207 1918 monthly average.. 1919 monthly average.. 1920 monthly average.. 1921 monthly average. 1922 monthly average. 262 277 182 159 268 278 301 183 159 245 281 285 161 140 224 239 256 146 126 305 241 294 191 139 207 195 202 102 101 206 186 212 103 105 257 255 226 93 100 277 332 212 108 139 193 206 170 103 111 210 218 170 101 112 241 200 187 73 124 222 207 204 128 169 1920. September October November December 275 245 203 195 304 265 21S 215 272 237 198 194 253 224 209 204 306 267 248 251 161 148 139 125 156 141 137 132 210 I 142 | 129 121 187 152 140 119 179 173 171 142 198 177 145 114 118 111 110 76 172 161 156 149 1921. January February March April 210 200 191 173 216 207 208 181 204 185 181 160 199 195 170 141 259 234 227 211 120 110 114 102 121 115 115 101 109 106 104 93 116 97 85 83 116 110 112 103 111 110 113 74 79 86 94 140 121 129 132 May.... June July.... August. 191 197 194 177 198 200 179 167 175 168 150 142 159 146 125 125 231 202 192 168 105 102 103 101 104 100 99 96 99 98 98 91 104 118 121 99 95 99 103 97 116 116 88 57 62 66 151 138 133 125 September.. October November.. December.. 182 162 156 150 174 164 153 152 150 142 134 137 130 121 119 119 167 139 126 135 102 92 94 97 86 75 77 77 136 122 114 115 1C4 101 97 95 95 82 81 67 62 59 81 113 109 112 135 1922. January February March April 153 174 170 178 153 174 176 176 j I 152 121 140 138 141 127 156 160 164 93 101 103 102 100 106 105 104 77 91 92 94 118 139 159 158 96 102 103 99 93 118 124 122 112 130 151 149 156 182 187 170 May.... June July.... August. 176 164 170 153 174 167 162 144 ! 158 137 ! 142 129 138 118 117 107 166 139 135 114 109 97 103 91 107 99 99 88 99 98 103 100 162 154 147 136 101 104 114 122 125 122 121 104 126 100 117 114 160 147 163 160 September.. October November.. December.. 138 140 146 148 139 149 148 152 124 129 134 140 109 119 129 134 112 122 136 140 94 106 108 110 102 115 118 122 102 111 116 117 117 127 130 134 126 120 123 124 110 112 99 99 105 114 137 133 167 173 180 191 1923. January.. February. March.... April 141 i 153 j 148 ; See footnote on opposite page. Ill FARM PRODUCTS, WHOLESALE PRICES. Table 64.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] YEAR AND MONTH. WHEAT FLOUR. WHEAT. BYE. BARLEY. Stand- Winter ard patents, straights, Minne- Kansas City. apolis. No. 1, 2, north- No. red ern winter, spring, ChiChicago. cago. No. 2, cash, Chicago. By sample, fair to good, malting* Chicago. I Per barrel. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average. average.. average. average.. average. 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly average. average. average.. average. average.. OATS. CORN. COTTONSEED OIL. Cash, contract, grades No. 2, Chicago. yellow, Cash, Chicago. $3,847 4.125 5.612 6.091 10.551 11.998 12.675 8.338 7.282 10.304 10.695 11.579 7.051 6.130 1920. September October November December 12,593 11.206 9.295 8.943 11.693 10.205 8.400 8.256 2.481 2.162 1.810 1.770 1921. January February March April 9.625 9.181 8.730 7.950 8.295 7.962 7.993 6.980 May.... June.... July.... August. 8.745 9.006 8.900 8.120 September.. October November.. December.. $0,913 ! $0,986 1.041 j 1.005 1.344 | 1.307 1.351 jj 1.417 2.278 |l 2.321 $0,636 .768 1.092 1.113 1.871 $0,625 .615 .704 .867 1.315 prime, New York. $0,376 ! $0,625 .695 .730 .825 1.637 .419 .496 .455 .637 $0,073 .066 .068 .106 .154 HOGS. SHEEP. Steers, | good to | choice, j Heavy, Ewes, Lambs, corn Chicago. Chicago. Chicago. fed, Chicago. Per pound. Per bushel. $4,584 5.096 6.663 7.264 11.391 Summer, CATTLE. Per 100 pounds. $8,507 9.039 8.702 9.573 12.809 $8,365 8.361 7.131 9.615 15.705 $4,687 5.044 5.929 7.166 10.332 $7,794 8.115 9.233 10.017 16.092 I 1.305 .775 1.217 .700 1.263 I .796 . 635 | . 387 .633 i .396 1.605 1.597 1.414 .580 .623 .201 .241 .154 .079 .101 16.424 17.496 14.486 8.764 9.438 17.600 18.244 14.187 8.447 9.393 11.288 9.351 8.744 3.414 5.787 17.325 16.125 15.904 9.994 13.183 1.945 1.695 1.577 1.598 1.006 .922 .867 1.315 .887 .807 .755 .136 .111 .101 .778 .584 .530 .515 .494 15.250 14.688 14.575 12.094 16.543 14.775 12.120 9.538 5.544 5.219 5.150 3.563 13.388 12.531 12.150 11.581 1.961 1.919 1.679 1.386 1.647 1.488 1.446 1.339 .750 .688 .714 .635 .454 .430 .432 .378 .681 .665 .649 .578 .084 .070 .062 .059 9.840 9.312 9.563 8.719 3.450 3.688 4.031 4.406 10.925 9.438 10.031 10.313 1.600 1.531 1.370 1.294 1.568 1.438 1.229 1.237 1.467 1.284 1.222 1.065 .657 .638 .645 .629 .392 .377 .370 .359 .616 .613 .613 .072 .075 8.425 8.094 8.406 8.775 9.305 9.156 9.463 | 8.225 I | 8.195 8.125 9.725 4.125 2.688 2.906 3.075 11.790 10. 781 10.388 9.740 6.681 6.3Q5 5.900 5.860 1.365 1.298 1.226 1.254 1.276 1.193 1.176 1.177 | | || jl 1.060 .882 .804 .858 .607 .553 .554 .548 .384 .346 .354 .364 .538 .099 .482 .482 »082 .083 8.375 8.875 8.563 8.219 7.950 7.945 6.838 6.744 3.156 2.915 2.750 3.781 8.813 8.490 8.719 10.500 7.000 7.975 7.813 8.144 5.875 6.700 6.781 6.785 1.285 1.400 1.352 1.386 1.196 1.382 1.357 1.391 ;i 1 j ;! .809 .992 1.021 1.043 .644 .640 .375 .398 .393 .393 .484 .572 .575 .588 .101 .115 .115 8.150 8.638 8.731 8.406 7.765 9.900 10.338 10.206 5.260 6.094 7.094 12.170 14.175 14.563 13. 219 May.... June.... July.... August. 8.060 7.500 7.788 6,995 6.675 6.406 6.235 i| 5.525 || 1.446 1.249 1.292 1.178 1.356 1.160 1 152 1.057 1.056 .886 .858 .723 .679 .608 .641 .568 .403 .372 .371 .335 .618 .609 .643 .622 .117 .112 .107 .099 8.615 8.863 9.700 10.375 10.425 10.228 10.090 8.688 5.900 4.688 5.475 5.344 12.475 11.438 12.735 12.438 September.. October November.. December.. 6.344 6.435 6.713 6.775 5.360 5. 719 5.706 5.860 1.129 1.178 1.228 1.274 1.071 1.177 1.273 1.325 .715 .776 .868 .890 .590 .660 .678 .384 .432 .445 .459 .635 .691 .722 .734 .085 .092 .094 .097 10.713 10.245 10.500 10.581 9.169 9.360 8.244 8.256 4.938 5.325 6.438 6.219 13.031 13.500 14.050 14.869 2.209 2.357 2.522 1.437 1.238 1.940 1.534 1.873 1.214 2. 491 2.204 2.057 2.012 1.861 1.688 1.650 1.461 7.625 7.700 6.895 6.418 8.318 7.425 7.170 6.881 1922. January February...... Ma^ch April 1923. January February. March April 2.235 2.563 2.600 1.467 1.282 || | I ! I .883 i 1 From U. S. Department of Labor, Bureau of Lahn Statistics, averages of weekly quotations. 112 CROP PRODUCTION. Table 65.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government sources.1 [Base year in bold-faced type.] WHEAT. CORN. Winter. Spring. OATS. Total. BARLEY. RYE. TOTAL BREAD GRAINS. RICE. TOTAL POTA- APPLES HAY, VALUE TOES. (total). TAME. C ROF OPS (2) Relative to 5-year average, 1909-1913. A.—INDEX NUMBERS. 1909-1913 average 1914 final estimate 1915 final estimate 1916 final estimate 1917finalestimate 100 1918finalestimate 1919finalestimate 1920finalestimate 1921finalestimate 1922finalestimate 1OO 84 100 100 100 1OO 99 111 101 137 107 100 123 100 104 126 155 123 99 121 95 113 111 141 100 140 180 99 171 117 145 91 100 119 149 93 93 128 145 134 92 136 141 261 112 161 172 85 141 104 105 81 138 136 91 88 118 107 107 109 111 157 110 104 85 102 175 218 113 132 95 110 122 133 121 119 125 216 173 177 274 138 101 124 115 105 231 235 108 155 153 109 94 144 64 116 100 115 101 80 124 100 143 130 110 94 175 115 91 113 101 127 120 123 108 114 123 121 121 127 117 96 81 127 56 115 100 106 130 138 126 100 116 131 133 125 147 251 107 121 159 236 270 191 122 157 1922. 129 September estimate October estimate November estimate December estimate 3 112 102 123 101 107 119 117 106 111 228 113 163 162 123 113 106 111 107 228 110 162 123 109 119 118 109 108 228 109 123 109 105 107 109 110 107 107 228 274 110 133 108 102 164 164 111 175 118 125 105 111 100 105 115 116 115 161 137 141 141 141 141 147 Thous. of tons. Thousands of bushels. Millions of dollars. B.—NUMERICAL , DATA. 1909-1913 average 1914 final estimate 1915finalestimate 1916 final estimate 1917 final estimate 441,602 245,059 686,697 2,708,334 1,131,175 181,886 2,672,804 I 1,141,060 194,953 891,017 684,990 206,027 2,994,763 1,549,030 228,851 673,947 351,854 1,025,801 2,566,927 155,765 636,318 1,251,837 480,553 182,309 3,065,233 i 1,592,740 211,759 412,901 223, 7.54 SS6,655 34,916 4,743,008 4,942,613 42,779 54,050 5,852,525 48,862 4,686,253 62,933 5,569,320 2 3 , 9 2 6 356,627 176,482 23,649 409,921 252,200 28,947 359,721 230,011 40,861 286,953 193,905 34,739 442,108 166,749 65,987 $5,702 6,112 70,071 6,907 85,920 9,054 91,192 13,479 83,308 1918 final estimate 1919 final estimate 1920 final estimate 1921finalestimate 1922 final estimate 565,099 760,677 610,597 600,316 586,204 356,339 207,602 222,430 214,589 270,007 921,438 968,279 833,027 814,905 856,211 2,502,665 2,816,318 3,208,584 3,068,569 2,890,712 1,538,124 1,184,030 1,496,281 1,078,341 1,215,496 256,225 147,608 189,332 154,946 186,110 91,041 75,542 60,490 61,675 95,497 5,309,493 5,191,777 5,787,714 5,178,436 5,244,026 38,606 41,985 52,066 37,612 41,965 411,860 322,867 403,296 361,659 451,185 169,625 142,086 223,677 99,002 203,628 76,660 86,359 87,855 82,379 96,687 1922. June estimate July estimate August estimate 607 333 569 276 541,809 247 175 247 660 263,392 854 508 816 936 805,201 2 860 245 3,016,950 1 304 664 1 186 626 1,251,156 191 246 181 586 191,507 80 815 81,998 79,623 » 5 290 978 5 128,457 5,344,414 39,085 38,700 428,607 439,900 179 810 189,549 202,000 106,000 90 400 93,100 September estimate October estimate November estimate December estimate 541,809 541,809 541,309 586,204 276,665 268,314 268,314 270,007 818,474 810,123 810,123 856,211 2,874,759 2,853,399 2,896,108 2,890,712 1,255,004 1,229,774 1,229,774 1,215,496 193,850 196,431 196,431 186,110 79,623 79,623 79,623 95,497 5,221,710 5,169,350 5,212,059 5,244,026 38,810 39,159 39,159 41,965 438,398 433,015 433,015 451,185 206,567 203,667 205,539 203,628 92,886 92,886 92,886 96,687 14,331 15,423 10,909 6,934 8,961 j 1 Yearly figures represent the latest revised estimates of total production for the year as reported by the U. S. Department ojAgriculture, Bureau of Agricultural Economics. ' Estimated total value of all crops based on prices at the farm on Dec. 1. > June figures for total grains include corn as estimated on July 1. 113 FRUITS, VEGETABLES, AND HAY. Table 66.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government sources.1 [Base year in bold-faced type.] WHITE CITRUS POTAFRUIT.2 TOES. APPLES. Y E A R AND M O N T H . Coldstorage holdings.3 ONIONS. , Car-lot shipments. HAY. Receipts. Relative to 1919. APPLES. 75 92 94 100 105 100 102 91 70 1918 m o n t h l y average.. 1919 m o n t h l y average.. 108 100 100 1920 m o n t h l y average.. 1921 m o n t h l y average.. 1922 m o n t h l y average.. 227 166 172 118 114 162 34 31 549 166 64 1920. September. October November. December.. 84 100 111 139 ONIONS. HAY. Car-lot shipments. Receipts. Thousands of barrels. Number of carloads. Tons. B.—NUMERICAL DATA 76 80 106 WHITE POTATOES. Coldstorage holdlngs.3 A.—INDEX NUMBERS. 1916 m o n t h l y average.. 1917 m o n t h l y average.. CITRUS FRUIT.2 103 100 1,839 1,587 6,950 4,754 1,865 1,735 6,796 5,737 97 124 3,946 8,580 121 111 2,883 8,042 133 124 64 2,977 7,735 120 211 104 282 80 544 168 84 4,162 68 91 6,787 11,043 37,284 23,087 8,875 117 102 99 144 81 78 6,384 4,718 3,650 2,2ie 1,119 445 131 240 340 391 131 58 143 168 368 272 210 127 99 84 41 181 172 208 197 92 79 107 99 64 22 46 6 18 50 161 144 139 26 118 47 94 114 67 107 85 118 45 47 57 11,397 12,055 1,304 1,596 3,417 5,398 14,105 15,005 1,835 1,740 5,975 7,500 5,836 14,627 2,163 1,932 2,166 119,102 18,206 19,983 124,870 120,675 69,948 76,873 1,811 18,058 3,147 9,084 31,233 24,852 9,612 3,675 4,910 2,918 1,186 125,388 97,009 101,363 109,982 6,046 6,698 5,695 2,819 9,789 9,279 11,210 10,617 13,871 11,884 16,087 14,847 2,038 1,769 1,724 2,511 98,005 94,419 79,284 63,861 1,496 422 1,220 3,384 8,712 7,750 5,063 3,613 14,461 17,645 17,041 16,115 2,423 822 1,482 2,048 55,519 54,752 56,819 68,515 5,739 13,146 35,117 14,464 5,991 3,667 5,076 6,103 9,126 26,040 43,250 16,729 10,496 3,362 2,608 1,248 1,148 60,801 76,960 65,717 64,727 1,781 1,022 724 3,102 83,594 73,125 68,723 65,177 7,708 1921. January... February. March April May.... June July.... August. September. October November. December.. 66 53 193 68 174 46 517 94 210 213 113 288 111 70 193 150 72 66 50 64 54 54 331 792 3,643 1922. January... February. March.... April May.... June July.... August. 313 249 178 111 62 69 43 26 163 128 167 137 111 90 148 134 102 59 42 178 69 61 57 54 5,429 4,313 3,090 1,930 4,217 4,682 2,933 1,761 8,810 6,928 7,407 16,663 13,564 22,224 20,131 54 17 18 35 63 115 71 45 37 137 148 122 117 134 54 75 944 314 56 126 54 66 50 70 1,146 1,192 2,387 4,312 6,205 3,855 2,421 1,980 20,530 22,136 18,381 17,530 2,325 945 1,298 2,201 64,887 83,510 60,067 84,163 13,903 29,313 18,740 8,229 1,888 23,795 4,361 92,749 4,519 33,711 4,687 74,362 7,101 19,547 2,018 85,988 9,914 11,589 1,526 86,132 18 3 September.. 84 October November.. 318 December.. 387 205 431 276 121 35 159 251 77 84 225 269 62 1,452 132 132 116 71 5,521 184 77 71 6,720 1923. 367 January.. 6,376 February. March April 1 Except receipts of hay at 11 principal markets, which are compiled from weekly reports to the Hay Trade Journal; other data compiled by U. S. Department of Agriculture, Bureau of Agricultural Economics. * Oranges, lemons, and grapefruit • As of 1st of the month. 29011°—23 8 114 MOVEMENT OF CEREALS. Table 67.—INDEX NUMBERS. Based on data from Government and non-Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] WHEAT FLOUR. 5 YEAR AND MONTH. ConProduc- sumption. & tion. Relative to 1914. 1913 monthly av 1914 monthly a v . . . 1915 monthly av... 1916 monthly av... 1917 monthly av... 1918 monthly av... . 1919 monthly a v . . . 1920 monthly a v . . . 1921 monthly av... 1922monthly a v . . . 1921. January February March April May June July August . September October December 1922. January February March April May June July August. WHEAT. Stocks. R e l a t i v e t o 1919. Visible sup-3 ply. ShipReceipts. 4 ments.* Visible sup-3 ply. Relative to 1913. Relative to 1919. Relative t o 1913. 1OO 1OO 93 105 100 96 61 102 108 101 51 96 73 BARLEY. CORN. ShipReGrindceipts. < ments .* i n g s . 103 100 86 115 111 125 141 116 116 153 100 71 64 82 103 1OO 41 165 100 117 71 120 109 122 256 189 214 116 315 219 244 Visible supply. Receipts at principal interior markets. Relative to 1919. 183 60 69 OATS. RYE. Relative to 1913. 1OO 91 111 126 118 100 82 93 1OO 100 127 107 100 114 140 109 106 104 150 132 138 76 148 120 136 146 129 121 116 133 68 215 137 106 86 308 93 128 42 287 86 89 37 199 86 270 37 414 92 268 193 114 1OO 1OO 144 94 101 95 127 104 105 76 134 108 114 77 92 83 68 144 92 96 190 262 196 170 81 84 62 130 75 294 175 152 23 108 55 196 94 95 98 64 69 67 72 75 87 41 73 78 420 227 239 96 34 101 74 195 63 82 74 91 303 77 154 86 24 119 47 177 173 97 87 98 54 52 86 113 211 142 241 112 28 106 62 83 77 57 41 96 105 326 235 244 109 43 113 99 198 110 95 75 69 197 129 208 118 216 100 34 198 107 216 137 124 89 96 218 263 161 196 244 138 71 480 197 347 138 143 88 170 195 202 158 244 305 145 56 424 92 355 143 126 111 233 132 144 266 230 239 157 44 232 106 401 105 125 98 260 81 98 217 103 144 147 23 154 52 397 91 115 82 264 76 68 323 265 197 143 19 181 65 389 98 110 77 235 55 57 362 347 332 123 25 98 80 387 95 100 81 97 210 72 58 533 64 71 607 360 270 87 74 405 371 85 60 173 50 54 470 97 136 159 100 26 36 123 194 389 207 142 119 80 64 89 90 58 132 92 128 371 181 268 58 95 67 110 393 208 97 124 75 79 126 108 265 86 86 193 245 119 83 84 106 126 21 251 110 45 321 112 32 353 94 275 220 127 36 141 85 173 294 126 25 111 81 245 211 163 246 135 45 1,088 123 220 926 608 108 207 204 45 605 113 189 47 550 101 186 ! I September October November December 129 136 88 154 183 161 166 235 216 146 56 140 141 94 255 153 141 124 217 263 161 51 138 114 144 96 248 135 137 153 160 161 135 82 266 144 122 217 250 158 153 109 1923. February March April i See footnotes on opposite page. i 115 115 MOVEMENT OF CEREALS. Table 68.—NUMEBICAL DATA. Based on data from Government and non-Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] WHEAT. WHEAT FLOUR. YEAR AND MONTH. Produc- sConumption. & tion. Visible Visible Re- average. average. average. average. average. 9,703 9,338 9,919 9,815 1918 monthly average. 1919 monthly average. 1920 monthly average. 1921 monthly average. 1922 monthly average. 9,317 11,091 9,146 10,102 10,467 8,156 8,237 8,569 9,283 8,924 7,066 9,100 9,368 May.... June July.... August. Re- Ship- 4 Stocks. supply.8 ceipts.4 ments. supply.5 ceipts.4 Receipts a t principal interior m a r k e t s . Visible supply. 10,233 4,195 3,817 4,664 5,276 4,952 9,058 7,435 8,385 9,438 6,907 1,294 1,648 1,809 1,936 1,912 30,694 22,200 22,651 27,299 24,844 17,415 19,784 18,384 24,025 23,692 24,774 14,995 17,985 28,409 32,814 13,525 8,845 9,653 18,949 21,552 6,142 5,411 5,055 4,875 5,566 6,118 7,746 3,815 3,321 3,367 2,777 3,988 3,712 2,573 5,353 28,335 19,264 17,800 17,880 19,063 18,512 22,298 15,478 46,968 46,738 15,977 24,745 35,277 25,495 39,348 26,196 33,973 11,541 17,375 13,431 21,102 13,637 3,147 3,670 4,023 3,588 3,754 2,075 3,111 2,137 2,203 1,398 1,304 1,544 16,717 11,316 15,253 9,731 33,632 34,142 33,903 30,740 22,517 21,001 25,741 52,464 17,708 27,363 17,519 13,490 21,319 35,240 17,658 29,381 .21,282 21,576 19,127 21,565 4,696 4,577 4,195 5,772 2,551 3,859 3,073 6,387 1,369 1,465 2,557 6,208 12,855 20,570 22,152 40,690 30,114 34,401 37,562 60,455 61,406 41,568 25,576 23,975 40,300 28,758 19,455 13,634 13,262 22,328 18,197 27,109 36,561 34,496 15,467 39,723 26,961 21,160 12,770 17,403 6,092 6,569 6,174 6,001 5,086 4,013 2,102 1,704 5,488 3,006 1,987 2,346 19,016 21,994 10,841 13,420 61,824 69,917 69,198 67,728 120,804 107,791 99,764 88,772 17,458 22,700 20,220 15,630 11,335 11,536 14,135 10,684 30,383 44,767 51,040 39,502 52,097 58,330 31,035 14,552 29,393 31,842 23,891 12,019 5,179 5,946 6,685 4,211 2,265 2,358 3,291 1,881 1,267 1,589 3,254 1,417 16,483 17,711 15,340 9>371 67,423 70,470 64,644 55,837 5,500 5,500 7;037 8,100 67,853 48.816 40,513 44,097 29,070 20,997 39,534 60,644 25,474 21,927 21,612 48,846 31,170 33,068 22,304 10,007 27,083 31,157 25,975 24,380 23,691 19,463 26,009 21,728 4,705 5,323 5,294 5,650 2,933 3,269 2,283 4,121 4,564 1,824 1,430 14,085 19,594 17,555 16,811 25,371 47,950 42,743 36,667 38,355 8,300 8,900 9,100 7,700 78,958 131,048 127,409 136,893 57,735 48,300 42,493 45,331 32,081 28,076 27,300 24,280 13,952 10,436 12,846 18,236 35,296 32,477 23,925 37,466 19,136 23,252 14,206 13,991 6,108 6,733 6,403 4,557 5,081 4,607 4,104 4,215 11,980 7,868 7,832 7,121 22,418 23,776 23,375 20,955 35,968 35,464 32,940 32,391 51,378 47,725 31,220 55,640 26,330 14,198 8,404 8,857 15,352 10,476 5,346 18,861 21,619 21,158 17,447 9,433 8,943 7,148 7,220 37,735 73,833 65,353 69,030 91,060 32,517 31,493 27,038 36,369 35,009 16,335 19,919 23,252 24,318 23,107 8,655 3,444 5,999 21,539 26,476 6,764 6,825 7,725 7,976 6,400 5,820 6,000 5,900 74,036 66,928 35,654 42,317 28,978 21,209 22,558 23,344 19,190 14,996 15,599 18,162 8,406 8,087 10,720 13,266 7,989 6,248 7,746 10,126 5,100 5,400 7,090 26,875 21,027 35,493 49,369 27,000 30,172 61,994 68,643 September.. October November.. December.. 13,349 13,917 10,166 8,856 11,660 10,248 10,164 9,365 8,265 10,425 9,241 7,776 87,197 119,943 133,702 135,823 1922. January February March... April 9,496 9,232 9,658 7,823 7,893 9,720 6,898 7,300 7,500 6,000 5,700 May.... Junev.. July.... August. 8,073 8,136 10; 321 12,271 7,245 7,368 7,909 10,080 September.. October November.. December.. 12,540 13,581 13,424 11,049 11,081 11,510 11,708 10,991 1921. January February March April Grindings. OATS. RYE. Thousands of bushels. Thousands of barrels. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly BARLEY. CORN. 1923. January February March April i Wheat flour production, consumption, and stocks reported by U. S. Grain Corporation, prior to July, 1920, later months from Russell's Commercial News; Visible supply of wheat and corn from Bradstreet's; Receipts and shipments of wheat and corn and receipts and visible supply (at nearest week to end of month) of oats, compiled by Chicago Board of Trade, from the Price Current-Grain Reporter; receipts of barley and rye compiled from reports of commercial organizations by Federal Reserve Board; grindings of corn by the wet process i n the manufacture of cornstarch, glucose, etc., compiled by the American Manufacturers Association of Products from Corn and comprises the entire production of the United States. 2 Consumption calculated from production, stocks, imports, and exports. Stocks represent flour in all positions, calculated from actual reports bearing a known relation to total stocks. a Aggregate stocks in United States and Canada east of the Rocky Mountains, on nearest Saturday to end of the month. < At principal primary markets. * For monthly production figures since January, 1914, see page 47 in the October, 1922 (No. 14) issue of the Survey. 116 CEREAL EXPORTS. Table 69.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA, Based on data from Government sources.1 Base year in bold-faced type.] EXPORTS OF GRAIN (including flour and meal as grains). YEAR AND MONTH. Barley and barley flour.* Corn and corn meal. 3 Oats and oatmeal.4 Rye and rye flour/ Wheat and wheat6 flour. Total grains. Barley and barley3 flour. Corn and corn meal. 3 Oats and oatmeal.4 Rye and rye flour.1 Relative to 1913. Thousands of bushels. A.—INDEX NUMBERS. B.—NUMERICAL DATA. Wheat and wheat flour.s Total grains. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average.. average.. average.. average.. average.. 100 38 151 128 102 100 21 99 109 112 100 7 2S8 291 310 100 123 736 854 792 100 102 196 153 118 1OO 67 191 168 149 1,461 554 2,211 1,874 1,488 4,323 874 4,185 4,603 4,751 3,018 223 8,993 8,791 9,370 155 189 1,138 1,320 1,224 11,907 12,133 23,034 18,230 14,070 20,764 13,973 39,560 34,817 30,903 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly average.. average.. average.. average.. average.. 130 231 102 147 105 93 31 42 260 328 358 184 45 22 879 2,183 3,195 1,622 2,571 146 187 215 249 171 173 169 222 201 1,897 3,369 1,489 2,153 1,536 3,922 1,325 1,771 10,997 13,835 10,815 5,551 1,357 2,979 1,359 3,375 4,938 2,512 3,985 17,413 22,259 25,636 29,643 19.337 35,406 35,878 35,191 46,002 41,672 September October November December 141 172 111 172 26 48 51 86 32 26 38 43 1,715 1,900 3,141 3,645 294 361 260 254 247 196 208 2,066 2,515 1,623 2,520 1,099 2,046 2,167 3,626 774 1,153 1,307 2,650 2,937 4,855 5,634 34,994 43,033 30,989 30,186 41,777 51,305 40,787 43,273 1921. January.. February. March.... April 205 91 107 43 136 203 324 250 32 19 14 16 3,546 2,482 1,142 1,376 228 194 174 208 204 180 184 186 2,991 1,324 1,567 631 5,753 8,561 13,679 10,559 977 575 413 494 5,480 3,836 1,765 2,127 27,105 23,074 20,765 24,801 42,306 37,370 38,189 38,612 May June July.... August. 31 94 144 315 206 287 361 331 21 19 20 56 1,329 1,585 604 2,070 266 270 255 562 209 235 237 435 458 1,372 2,108 4,602 8,694 12,139 15,234 13,976 628 569 604 1,677 2,055 2,456 936 3,105 31,624 32,178 30,413 66,963 43,459 48,714 49,295 90,323 September.. October November.. December.. 367 143 172 57 448 224 106 248 22 28 11 19 2,400 1,291 446 1,274 327 213 163 126 191 132 139 5,357 2,082 2,511 830 18,937 9,470 4,475 10,488 678 844 343 573 3,720 2,001 691 1,975 38,950 25,366 19,453 15,014 67,642 39,763 27,473 -28,880 29 32 57 69 460 527 543 446 17 14 92 67 745 780 615 2,545 126 92 121 86 176 170 202 174 421 465 836 1,002 19,437 22,254 22,936 18,817 511 436 2,770 2,035 1,154 1,209 954 3,945 14,982 10,991 14,371 10,244 36,505 35,355 41,867 36,043 May.... June July.... August. 69 79 172 143 280 341 292 103 236 153 - 76 3,543 3,215 1,803 2,983 120 153 160 327 170 208 209 290 1,015 1,153 2,519 2,086 11,306 11,805 14,395 12,325 3,104 7,114 4,631 2,286 5,491 4,984 2,795 4,623 14,267 18,200 19,098 38,964 35,183 43,256 43,438 60,284 September.. October November.. December.. 251 201 107 52 231 244 183 117 161 123 111 30 7,202 1,442 3,538 2,442 267 211 148 138 295 213 172 129 3,671 2,940 1,5634 762 9,769 10,312 7,722 4,944 4,870 3,721 3,356 915 11,163 2,235 5,484 3,785 31,839 25,077 17,599 16,428 61,312 44,285 35,704 26,834 698 1920. 1922. January.. February. March.... April 1923. January... February.. March April 1 Data from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Barley flour converted a t 5.5 bushels to the barrel. Corn meal converted a t 4 bushels t o the barrel. 2 8 4 5 Oatmeal converted a t 5.21 bushels to 100 pounds. Rye flour converted a t 6 bushels to the barrel. • Wheat flour converted a t 4.5 bushels to the barrel. 117 RICE. Table 70.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Data from Government and non-Government sources,1 [Base year in bold-faced type.] I STOCKS, END SHIPMENTS. I OF MONTH. RECEIPTS AT i MILLS. Total from mills. YEAR AND MONTH. RE- ! IMEXCEIPTS DomesAT New | tic at Foreign PORTS. PORTS. MILLS. Or- ! mills in wareleaus. and house. dealers. Total from mills. New Orleans. Barrels of 162 pounds.2 Relative to 1919. Domestic at Foreign mills in wareand house. dealers. In pockets of 100 pounds. A.—INDEX NUMBERS. 1913 monthly av.. 1914 monthly av.. STOCKS, END OF MONTH. SHIPMENTS. B.—NUMERICAL DATA. 67 141 7 169,718 80 142 13 203,340 191,510 193,597 212,140 179,760 222,059 23,004 41,904 56,327 109,114 172,990 446,741 139,944 1915 monthly a v . . 77 78 77 93 156 18 468,036 479,349 196,238 757,281 1916monthly a v . . 105 107 101 126 92 132 35 640,627 652,912 258,484 1,021,642 1917 monthly a v . . 97 105 108 108 111 163 55 591,159 642,918 275,513 872,667 285,396 1918monthly a v . . 104 114 109 84 168 328 45 633,910 i 699,754 278, 758 682, 788 432,807 1919monthly a v . . 100 100 100 100 100 87 159 104 100 81 104 639,610 j 554,723 222,175 1,287,057 268, 712 109,706 125 159 48 47 143 796,277 | 957,589 318,147 1,291,023 123,070 63,532 1920monthly a v . . 105 100 91 1921 monthly a v . . 131 157 1922monthly a v . . 108 609,477 611,661 109 254,825 811,658 237,759 257,359 136,090 j 314,063 327,177 448,412 342,952 275,35S 1920. September.. October November.. December.. 1921. January February... March April May.... June... July.... August. September.. October November.. December.. 1922. January February... March April May.... June July.... August. September.. October November.. December.. 107 100 100 92 145 42 15 651,263 j 220 157 149 119 108 13 39 1,343,683 | 367 147 129 288 94 23 107 2,234,281 | 173 97 90 360 74 25 167 1,055,358 106 183 138 299 57 43 127 78 198 145 239 53 36 124 135 170 147 197 49 34 145 160 169 136 196 42 56 188 188 232 151 184 46 56 167 1,144,416 72 129 120 130 55 69 235 439,510 79 35 14 201 385,328 41 52 197 980,719 351,341 370,537 374,494 347,113 2,430,782 1,935,844 1,600,937 1,593,049 1,420,264 787,344 839,608 910,458 384,232 305,436 331,005 382,944 1,493,210 1,059,100 640,711 696,742 752,036 871,375 744,597 759,564 271,444 205,417 215,978 277,821 686,344 968,175 1,128,925 1,258,454 862,554 1,020,375 1,198,126 499,480 185,931 333,436 423,044 161,537 1,505,521 1,653,294 1,540,545 1,335,899 481,812 283,198 267,552 519,652 200,198 142,528 135,916 226,831 790,466 1,424,934 1,287,207 243,967 397,074 436,506 417,324 63 137 130 149 150 126 123 107 85 28 19 174 767,628 193 142 81 119 63 86 129 1,177,836 140 122 85 139 55 45 109 855,773 145 124 109 155 51 51 114 885,383 159 141 73 | 185 57 63 75 I 966,825 163 167 131 j. 204 61 39 128 || 992,952 214 196 166 I 190 38 31 213 1,301,984 51 82 63 i 165 46 36 135 309,256 15 79 79 j 120 63 63 100 90,891 7 46 66 | 94 51 25 149 44,793 3 44 53 ! 63 49 15 105 21,106 74 85 50 42 15 83 448,897 77 24 •38 149 129 233 156 174 292 210 171 247 164 38 909,359 48 1,913,275 127 1,780,126 109 255, 704 747,693 379,388 | 965,953 329,539 11 2,338,517 228,537 11 2,922,698 1,121,878 1,210,239 825,360 I 1,037,009 1,036,690 973,141 647,457 472,774 j 161 314 610,134 963,263 900,793 593,424 373,096 278,219 240,874 189,305 57,196 17,848 31,442 33,379 46,000 122,656 336,763 525,564 145,893 58,242 136,722 49,298 126,950 46,417 108,139 76,162 399,020 390,326 455,792 589,076 117,425 76,182 94,001 19,182 71,016 524,253 737,697 632,650 619,817 25,201 117,191 60,589 68,901 545, 767 406,029 340,996 359,166 117,115 86,395 53,447 42,752 48,996 236,723 400,867 669,032 422,883 972,422 761,982 515,190 402,278 163,092 86,100 131,332 34,653 126,421 20,521 107,001 20,664 621,405 61,475 8 51,285 1,409,775 2,003,659 141,692 90,049 105,255 71,272 162,187 140, 779 130,482 147,276 155,881 97,920 li 312,840 468,321 329,792 261,182 119,415 152,075 398,832 343,462 1923. January February March April 136 347,405 1 Receipts, shipments a n d stocks a t mills from Rice Millers' Association, comprising movement of t h e whole rice crop except California rice. Shipments of rice through New Orleans compiled by New Orleans Board of Trade. Stocks of foreign rice in warehouses a n d i m p o r t s a n d exports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, d a t a for rough rice being reduced t o the equivalent clean rice a t 162 pounds of rough to 100 pounds of clean. * Rough rice barrels of 162 pounds are equivalent to clean rice pockets of 100 pounds each. i Covers first 21 days only, during which period t h e old tariff law was in effect. 118 LIVE-STOCK MOVEMENT. Table 71.—INDEX NUMBERS. Based on data from Government sources*1 [Base year in bold-faced type; numerical data on opposite page.] CATTLE. HOGS. Shipments. YEAR AND MONTH. Total j receipts. STOCKER AND FEEDER. TOTAL. SHEEP. Shipments. Total Total slaugh- receipts. STOCKER ter. TOTAL. i AND Shipments. Total Total slaugh- receipts. STOCKER ter. AND TOTAL. FEEDER. Total slaugh-; ter. FEEDER. Relative to 1919. 1917 monthly average.. 1918 m o n t h l y a v e r a g e . . 1919 m o n t h l y a v e r a g e . . 1920 m o n t h l y a v e r a g e . . 1921 m o n t h l y a v e r a g e . . 1922 m o n t h l y a v e r a g e . . 93 102 10O 91 80 94 87 93 100 76 66 92 84 95 100 92 80 99 109 100 91 81 91 86 85 71 61 108 99 101 83 75 84 100 81 100 100 100 100 100 95 107 90 83 74 92 56 103 87 89 45 65 107 94 82 60 85 101 100 72 81 100 S7 78 102 S4 1920. May June July August.. September. October November. December.. 114 90 117 113 94 99 58 110 95 72 39 67 80 82 82 76 36 92 69 90 56 85 95 64 98 91 68 47 80 62 115 123 104 111 111 121 103 64 63 78 57 128 138 135 108 132 131 92 75 80 89 68 134 183 165 118 126 130 106 104 72 117 97 109 148 124 68 63 73 112 50 127 106 45 59 S5 126 58 120 103 84 83 15 57 104 68 140 116 106 95 79 107 67 11 4S 89 77 15 57 100 74 18 5S 94 88 96 77 78 89 98 71 68 85 21 77 96 82 15 63 104 78 24 64 95 .110 70 93 127 67 87 67 92 62 82 50 96 40 1921. January... February. March April 80 46 58 38 May June July August.. September. October November. December.. 113 87 52 54 83 90 108 54 78 86 76 49 89 52 47 96 44 28 55 74 73 23 81 95 87 71 31 90 141 113 102 86 55 80 116 96 118 114 134 95 60 102 134 126 138 127 112 82 99 44 109 91 88 90 94 56 76 65 105 47 149 73 35 73 76 81 32 73 62 29 54 85 1922. January... 79 53 75 81 114 36 150 February. March April 69 55 66 72 97 83 111 79 64 71 87 91 99 65 25 56 74 72 53 63 79 82 75 54 17 47 64 May June July.... August.. 91 83 87 95 100 93 96 101 75 25 69 SI 86 72 78 93 101 76 93 106 75 31 64 ss 83 51 75 88' 80 41 76 74 35 59 105 107 116 97 81 41 61 75 82 44 97 76 99 September. October.... November. December.. 78 116 136 139 97 91 108 143 192 176 114 99 65 109 93 146 197 1SI 118 161 150 100 118 73 126 115 101 131 121 81 95 87 134 61 139 133 67 44 1923. January... February. March April 90 See footnote on opposite page. 72 119 LIVE-STOCK MOVEMENT. Table 72.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] HOGS. CATTLE. Shipments. Total receipts. YEAR AND MONTH. STOCKER| AND j TOTAL. FEEDER. SHEEP. Shipments. Total Total slaugh- receipts. ter. STOCKER AND TOTAL. Shipments. Total Total slaugh- receipts. ter. STOCKER AND TOTAL. Total slaughter. FEEDER. FEEDER. Thousands of animals. 1917 monthly a v e r a g e . . . . . . . . . . . . » - - . . - . ! 1,094 1918 monthly a v e r a g e . . . . . . . . . . . . . . . . . . . | 2,104 1919 monthly average . . . . . . . . . . . . . . . | 2,054 1920 monthly average 1,866 1921 monthly average. 1,649 1922 monthly average. 1,933 382 408 440 336 292 747 850 894 818 717 1,109 1,241 1,141 1,034 923 1,036 406 1,784 1,887 1,678 1,970 295 783 272 799 218 734 September. October November. December.. 2,294 2,209 2,427 1,392 489 1,087 1,172 580 1,172 1,049 553 1,166 1,207 279 650 785 1921, 283 992 ! 81 75 61 42 49 4,263 1,397 1,069 j 3,709 1,308 940 ! | 2,850 27 1,101 I 2,525 36 958 2,391 2,789 3,872 4,196 47 i 1,043 2,157 2,572 2,536 2,272 2,194 2,395 1,618 1,869 2,265 1,876 2,014 1,858 352 432 578 430 258 346 756 1,011 1,210 1,043 1,054 944 1,072 855 915 935 60 1,068 54 1,400 37 1,520 2,859 2,421 1,754 1,564 1,452 1,726 2,465 2,680 1,488 234 818 706 1,640 227 806 845 2,034 324 1,029 1,002 2,607 568 1,486 1,099 1,218 2,896 796 1,632 3,027 1,059 2,001 978 2,471 857 1,499 1,010 1,566 259 710 891 687 1,101 1,516 62 586 935 1,750 88 693 1,053 1,677 107 706 1,916 123 926 1,850 89 768 1,093 1,776 139 772 1,006 2,500 404 1,123 1,335 j January 1} 644 205 February 1,190 166 465 728 995 March | 1,566 237 600 948 April............................... ; 1,494 238 612 892 May ...| 1,542 214 597 924 June | 1,580 209 593 1,005 I .| 1,343 1,867 122 492 844 355 846 997 I September I October November December..... 1,027 1,185 1,194 1,273 1,228 1,277 64 || 1920. May.... June July.... August. July.. August. 3,159 3,766 3,737 3,549 3,425 3,672 . . . . . . | 1,906 .1 2,311 | 1,928 I 1,417 395 911 622 1,194 1,082 497 997 935 245 682 742 4,700 4,009 3,382 3,230 43 I 1,666 51 I 1,391 81 I 1,261 57 1,136 3,328 3,579 2,727 2,656 39 1,045 33 1,143 17 919 23 931 2,655 3,214 3,687 3,931 41 951 45 1,219 33 1,297 35 1,775 4,278 3,612 3,411 3,067 27 1,787 62 1,327 74 1,181 56 1,067 3,737 3,776 2,980 3,037 70 1,149 57 1,114 31 1,025 31 1,065 3,062 3,682 4,421 5,004 33 1,153 49 1,299 55 1,501 46 1,657 3,032 2,604 2,119 2,097 2,270 2,474 1,808 1,722 1,697 1,992 2,370 2,147 1,792 2,618 555 1,428 3,042 731 1,668 1,200 1,341 2,068 511 1,094 988 1,664 202 881 804 2,484 2,285 2,246 2,000 1,835 183 887 925 1,399 169 656 760 1,465 143 677 780 1,227 97 564 678 2,571 2,677 1,940 1,976 1,692 145 832 852 1,700 182 777 924 1,677 204 717 956 1,951 350 904 1,021 1922. January... February. March April 1,628 I 233 672 927 1,416 I 243 586 822 1,622 282 632 994 1,470 235 562 May. June. July.. 1,878 365 780 1,086 1,759 315 701 1,058 1,709 223 669 1,002 2,149 469 1,035 1,106 2,373 2,936 597 1,241 1,107 845 1,569 1,299 2,427 710 1,345 1,138 1,825 357 847 994 August | i September October November. December.. • | 1,917 2,365 2,918 3,362 2,241 524 1,241 1,008 3,311 1,138 2,196 1,069 2,288 757 1,465 881 1,515 256 708 1923. January... February. March.... April 1 These figures represent the movement at between 60 and 70 markets; data procured from the V. S. Department of Agriculture, Bureau of Agricultural Economics. 120 MEAT PRODUCTS. Table 73.—INDEX ffUMBEBS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] YEAR AND MONTH. Pork products.* Beef products.? Beef products." Relative to 1913. 1913 1914 1915 1916 1917 mo. mo mo. mo. mo. av.. av av . av.. av.. 100 1918 mo. av.. 1919 mo. av.. 1920 mo. av.. 1921 mo. av.. 1922 mo. av.. 268 235 PRODUCTIONINSPECTEDSLAUGHTER.' COLD-STORAGE HOLDINGS. 2 EXPORTS. Pork products.1? Lamb and mutton .9 100 Good Steer native rounds, Loins, fresh, steers, No. 2, Chicago. Chicago. Chicago. Pork. Relative to 1919. Relative to 1913. 1OO 1OO 1OO 105 102 103 108 84 100 95 96 116 82 107 99 109 137 89 164 154 117 131 96 138 313 106 147 236 116 132 239 78 70 53 229 473 108 94 66 1OO 1OO 100 Pork. 98 89 40 Beef (fresh). 1OO 1OO 100 94 67 Beef. Relative to 1913. Relative to 191S 47 Lamb and mutton. Pork. Beef. WHOLESALE PRICES. APPARENT CONSUMPTION OF MEAT.< 82 153 64 96 115 167 124 70 104 129 171 169 198 120 84 100 1OO 180 171 212 156 143 70 99 183 121 111 67 93 149 178 163 207 169 112 43 85 324 109 116 78 82 155 126 111 151 151 106 27 70 41 116 111 144 134 124 122 146 109 130 126 115 170 127 122 182 i 1921. January February March \pril May.. June. July August September... October November... December.... 1922. January February March April . . . May June I Julv August September... October November... 197 182 184 107 174 93 ; 59 65 810 ; 113 154 84 82 151 60 83 928 ! 88 138 74 64 111 61 105 705 109 111 86 83 133 ; 1 1 58 107 458 101 108 79 79 150 117 51 105 298 102 116 71 79 140 127 120 150 46 108 189 114 128 75 88 167 124 118 131 209 97 132 40 110 104 101 110 67 77 157 115 122 150 213 136 35 101 80 118 94 85 91 152 124 122 192 212 136 28 70 119 87 86 89 166 123 110 184 121 94 25 85 61 71 125 99 93 93 188 127 96 162 110 74 26 114 118 77 83 175 133 87 121 69 33 45 44 82 130 89 99 133 66 74 168 127 83 95 85 74 172 119 90 108 141 112 97 114 144 107 172 155 : 156 67 35 51 77 111 144 72 168 91 60 131 67 47 34 98 152 33 31 119 123 118 59 64 89 134 112 101 133 110 101 29 74 34 106 105 56 80 145 ; 112 110 159 121 141 27 76 133 63 94 170 24 83 125 149 70 94 178 112 112 160 146 ; ! 116 146 25 27 124 163 112 21 44 119 117 167 101 20 39 127 109 65 71 89 156 94 91 95 173 146 102 196 97 107 79 102 93 196 152 20 22 28 40 98 153 190 81 40 131 ! 101 61 41 141 ! 113 47 41 134 1 146 50 43 72 72 67 i 1923. 48 67 54 fobruarv Ayr A ! 4 See footnotes on opposite page. i 201 123 135 130 160 1 120 125 173 120 120 120 120 114 191 107 173 ; : i 107 125 106 102 121 MEAT PRODUCTS. Table 74.—NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.l EXPORTS. YEAR AND MONTH,. Pork products. 5 Beef products.' PRODUCTIONINSPECTED SLAUGHTERS COLD-STORAGE HOLDINGS. 2 Beef products.' Pork prod-8 ucts. Lamb and mutton, s Beef. Pork. APPARENT CONSUMPTION OF MEAT.* Lamb and Beef. mutton. Pork. Thousands of pounds. 1913 mo. av.. 82,058 76,826 1914 mo. av.. 1915 mo. a v . . 113,205 1916 mo. a v . . 120,932 1917mo. a v . . 108,209 13,625 12,163 42,609 32,105 32,502 av..j 187,554 a v . . 219,803 a v . . 128,004 a v . . 138,308 a v . . 123,924 64,444 32,053 19,545 15,249 14,456 1918mo. 1919 mo. 1920 mo. 1921 mo. 1922 mo. 343,402 112,462 186,647 609,290 638,684 258,167 856,059 240,140 168,108 104,457 65,900 912,053 904,425 771,441 634,537 3,383 4,477 5,580 8,413 15,362 27,222 3,454 WHOLESALE PRICES. Beef (fresh). Pork. Steer Good native rounds, Loins, fresh, steers, No. 2, Chicago. Chicago. Chicago. Dollars per p&und. 328,805 364,210 396,865 469,328 482,846 464,139 521,302 558,919 428,233 52,389 51,226 44,125 43,219 33,645 527,898 451,389 415,434 372,858 566,370 580,989 538,286 561,614 $0,130 .136 .129 .138 .167 $0,131 .133 .124 .130 .162 $0,149 .154 .143 .162 .244 365,063 427,141 429,322 321,411 36,641 43,890 35,255 41,134 465,686 447,129 413,968 365,273 360,829 279,897 416,303 433,965 .221 .233 .230 .163 150 .221 .224 .213 .145 .145 .295 .315 .307 .225 214 1921. January February... March April 161,694 151,336 143,168 118,192 24,767 14,547 12,627 14,624 142,813 142,891 146,409 138,345 593,299 734,659 957,230 971,520 68,032 78,082 59,304 38,520 387,870 302,992 375,973 347,569 744,128 664,634 536,427 521,521 44,101 38,942 44,837 41,282 367,300 286,107 372,900 351, 725 422,389 312,003 371,959 420,270 .174 .160 .163 .165 .160 .143 .150 .160 .218 .193 .253 .270 May June July August 141,041 127,908 171,561 174,917 15,911 13,192 18,018 18,499 122,188 109,553 96,220 84,091 954,618 983,380 1,003,562 922,059 25,129 15,877 8,714 6,751 351,405 391,699 347,792 406,110 560,758 619,355 529,514 451,662 37,367 39,118 35,040 44,433 351,545 394,414 343,882 407,509 390,985 471,333 439,480 424,972 .165 .160 .149 .160 .158 .155 .160 .160 .223 .195 .223 .285 September. October November.. December.. 173,989 99,202 90,248 106,440 18,568 12,773 10,043 9,420 67,334 59,822 63,486 80,333 773,852 557,016 408,506 397,590 5,903 5,993 6,840 7,520 407,349 427,661 392,487 341,040 422,022 480,622 567,622 641,093 45,290 48,486 40,149 34,557 398,359 414,455 370,210 330,245 404,925 525,838 489,336 469,521 .160 .164 .173 .164 .144 .125 .114 .108 .274 .240 .180 .141 1922. January February... March April 127,623 138,055 124,411 90,132 9,109 12,404 17,808 13,735 84,808 78,295 73,782 69,516 462,637 546,100 608,747 677,254 6,444 3,914 2,863 2,878 381,718 336,393 408,248 363,071 693,020 594,090 568,137 508,909 37,515 30,754 33,656 29,299 379,993 329,038 395,747 356,787 482,083 393,499 375,276 405,764 .154 .145 .145 .145 .118 .128 .132 .144 .160 .169 May June July August 99,440 119,855 133,426 127,667 19,145 19,894 15,281 13,751 64,507 56,852 50,706 47,030 690,296 759,453 861,638 826,535 2,071 2,310 3,720 3,308 427,393 429,692 407,330 437,813 644,495 720,687 567,065 525,889 33,226 t 36,427 34,033 37,430 418,682 419,197 400,152 425,163 475,985 498,674 468,760 485,361 .145 .145 .148 .155 .151 .161 .170 .164 .238 .200 .238 .256 120,124 125,716 124,574 156,067 13,832 13,165 14,568 10,780 48,291 53,572 67,814 95,628 739,425 558,434 431,921 452,005 3,376 3,473 3,458 3,633 448,765 483,293 458,501 488,252 547,624 706,118 37,917 37,777 35,156 440,185 455,986 416,119 549,195 548,421 561,360 .155 . 155 .155 . 155 .149 .140 .140 .139 .284 .258 .185 .152 116,222 615,017 4,528 September.. I October | November.. I December.. 1923. January.. February. March. April.. !! 1 Exports reported by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; cold-storage holdings from the U. S. Department of Agriculture, Bureau of Agricultural Economics: production of beef and pork from animals slaughtered under Federal inspection reported by the V. S. Department of Agriculture, Bureau of A nima I Industry. Apparent consumption has been computed from the inspected slaughter plus imports less exports and the change in storage holdings. Wholesale prices are average for the month from U. S. Department of labor, Bureau of Labor Statistic*. 2 Cold-storage holdings are distinctly seasonal. No allowance for this has been made in calculating index numbers. Tigures represent storage holdings on thefirstday 3 Total dressed weight slaughtered under Federal inspection, including veal with beef. The slaughter under Federal inspection, according to censusfiguresin 1919, amounted to 68 per cent of the total number of animals slaughtered in the United States in the case of hogs and 82 per cent in the case of beef and 91 per cent for lamb. « Includes meat produced under Federal inspection only. 66 Includes bacon, ham, shoulders,lard, neutrallard, and canned, fresh, and pickled pork. Includes fresh, canned, pickled, and cured beef, and oleo oil and tallow. i Includes beef, frozen, cured, and in process of cure. «9 Includes pork, frozen, dry salt, and pickled, both cured and in process of cure, and lard. Frozen lamb and mutton. 122 MILK. Table 75.—INDEX NUMBERS. Based on data from Government and non-Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] CONDENSED AND EVAPORATED MILK (case goods). FLUID MILK. Receipts Receipts Receipts at at Boston at Greater Phila(includNew ing 4 York.* delphia.: cream). YEAR AND MONTH. Relative to 1913. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average average. average. average. average. 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly average.. average.. average.. average.. average.. \ Production, Minne- Production. apolisSt. Paul.* Exports. Stocks.? ICE CREAM. Production. Relative Relative to 1920. to 1919. Relative to 1919. 100 101 106 108 110 1OO 100 103 110 108 118 111 93 80 77 65 94 125 124 1OO 1OO 1OO 100 136 131 106 109 76 48 143 139 108 170 71 34 79 100 111 110 115 185 22 66 149 9 26 90 50 1OO 1921. January... February. March April 132 116 101 139 24 42 102 124 116 94 153 34 31 80 143 130 110 183 58 40 61 141 123 106 182 86 28 46 May.... June July.... August. 153 129 119 225 13 52 161 138 123 229 113 111 31 79 162 143 118 179 81 24 103 149 128 110 165 43 105 September. October November. December.. 151 144 122 134 127 108 137 73 54 78 127 106 140 74 45 79 116 100 136 58 26 77 115 103 171 55 31 84 142 67 48 41 January... February. March April 137 128 148 144 118 118 132 113 104 103 110 192 182 207 192 55 52 62 69 26 28 35 34 84 78 69 62 41 49 66 92 May.... June July.... August. 166 165 161 154 »138 125 129 125 118 226 224 189 155 94 95 75 67 22 22 12 16 65 77 83 72 161 207 222 200 58 150 September. October November.. December.. 149 112 146 15 70 153 118 160 23 55 143 108 160 17 39 144 109 189 14 31 44 46 75 97 148 203 244 174 1923. January... February.. March April See footnotes on opposite page also. Milk receipts at Greater New York from the Milk Reporter; at Philadelphia from the Philadelphia Milk Exchange up to Jan. 1,1922, current flgures from the Interstate Milk Producers Association; receipts at Boston from Massachusetts Department of Public Utilities; milk production in Minneapolis-St. Paul district from Twin City Milk Producers Association; exports of condensed milk from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; production and stocks of condensed milk and production of ice cream from U. S. Department of Agriculture, Bureau of Agricultural Economics; milk delivered to milk plants from the Dairymen's League Coop1 erative Association, estimated to represent from 60 to 75 per cent of the milk handled in the association's territory, covering all New York State and parts of Pennsylvania, New Jersey, Connecticut, Massachusetts, and Vermont. 123 MILK. Table 76.—NUMERICAL DATA. From Government and non-Government sources.l [Base year in bold-faced type; index numbers on opposite page.] CONDENSED AND EVAPORATED MILK (case goods). FLUID MILK. ICE CREAM. MILK DELIVERIES TO MILK PLANTS. 1 For manufacture of— YEAR AND MONTH. ReReReceipts ceipts ceipts at at at Boston Great- Phila(iner del- 3 cluding New 4 York.* phia. cream.) Thousands of cans, 40 quarts each. Production, MinneapolisSt. Paul.' Thousands of quarts. Production. average... average... average... average... average... 1,763 1,873 2,036 2,144 2,233 16,113 17,984 18,914 20,107 12,193 13,059 13,865 14,116 14,953 5,715 7,145 7,786 12,141 13,224 110,639 143,956 109,427 102,751 .... 1,978 1,857 2,143 2,111 16,741 16,810 18,771 17,840 13,180 12,321 14,334 13,857 9,934 10,898 13,100 13,023 34,964 48,700 83,513 123,639 May June July August 2,289 2,414 2,427 2,229 18,591 19,978 20,598 18,521 15,525 16,054 15,383 14,311 16,098 16,376 12,758 11,773 September... October November December 2,262 2,155 1,853 2,012 18,368 18,376 16,714 16,588 14,045 13,786 13,115 13,484 1922. January February March April 2,050 17,088 1,908 17,094 2,209 19,142 2,156 »17,545 May June. . . . July August PeptPTnbf»r October November December... . . ... . Production. Total. Fluid milk. Thousands of gallons. Soft MUk cheese, chocoice late, cream, whole Butter. conmilk densed powder, milk, etc. etc. Cheese (American). Thousands of pounds. 1,377 1,904 6,307 18,307 35,705 14,452 14,478 14,869 15,949 15,571 1921. January February March April. Stocks.? Thousands of pounds. 1913 monthly ^average... 1,496 1914 monthly average... 1,513 1915 monthly average... 1,590 1916 monthly average... 1,613 1917 monthly average... 1,652 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly Exports. 11,727 45,928 71,072 34,252 224,689 177,099 24,140 147,197 15,625 10,470 11,098 12,358 12,193 30,192 21,830 28,194 20,221 229,386 180,744 135,966 103,698 4,919 5,147 8,336 10,756 163,288 160,140 117,015 127,444 9,186 21,700 17,338 30,360 116,557 178,367 232,374 235,056 •16,382 22,516 27,065 19,363 434,411 459,518 377,353 364,293 174,457 182,052 182,790 166,209 84,621 96,789 107,963 72,747 50 770 57,699 25,550 44,994 70 733 59,189 19,426 42,738 53,830 63,789 41,624 37,605 9,767 9,996 9,739 12,226 105,292 106,134 84,072 78,813 38,061 32,232 18,126 22,238 174,254 177,672 172,410 188,709 15,725 7,417 5,277 4,526 320,441 196,734 234,332 272,196 176,592 95,640 123,120 140,880 56,510 31,900 41,060 49,425 26,256 25,066 32,938 37,170 35,994 28,586 27,604 34,564 25,089 15,542 9,610 10,157 14,743 13,523 13,438 14,428 13,698 13,031 14,812 13,687 79,366 74,557 88,759 99,861 18,352 19,951 25,006 24,234 189,355 176,332 155,650 139,418 4,518 5,436 7,286 10,231 290,644 273,865 353,014 333,838 150,617 131,235 147,449 95,983 51,959 55,871 74,033 92,983 35,703 38,041 49,942 66,986 41,080 38,350 61,369 43,749 11,285 10,368 20,221 34,633 2,479 "19,909 2,475 2,412 2,302 16,287 16,889 16,377^ 15,402* 16,114 16,019 13,509 11,042 134,826 136,528 107,870 96,475 15,711 15,706 8,823 11,247 145,667 173,817 187,367 161,846 17,854 22,922 24,604 22,228 422,697 407,426 353,526 299,451 110,260 110,301 112,272 96,623 125,364 111,458 96,184 77,991 101,505 92,566 77,183 69,397 45,134 46,323 31,211 27,746 40,434 46,778 36,676 27,693 2,233 2,285 2,133 2,154 14,589 15,422 14,097 14,243 10,396 11,430 11,439 13,510 83,917 (8) <8) (6) 10,549 16,066 12,004 9,850 158,371 122,715 86,788 69,041 16,649 (6) (8) (8) 268,880 259,520 183,798 187,381 102,057 110,223 96,378 94,235 67,101 56,174 37,588 42,823 49,044 52,467 34,912 37,693 29,045 26,288 9,108 11,506 21,632 14,368 5,101 1,124 1923. February » Receipts of milk, excluding cream, in the metropolitan area around New York City, including many large cities in New Jersey. » Receipts of milk, including cream and condensed milk by railroad, trolley, and auto truck; figures for April and May, 1922, do not include auto truck receipts, which amount to about 1,000,000 quarts. 4 * r*I • Receipts _of milkl by rail, including cream. 6 Production of whole milk by ' Twin City Milk Association, including most of the area within a 40-mile radius of Minneapolis and St. Paul. ., memb nbers of*the 8 Production compiled by months but issued quarterly; figures not available at time of going to press. i Include bulk goods also and are given as of the first day of the month. A T-» i_A_ *ii_ i-. 124 BUTTER AND CHEESE. Table 77.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. From Government sources.1 [Base year in bold-faced type.] CHEESE. BUTTER. Production. YEAR AND MONTH. Cold- WholeResale ceipts storage holdprice, at 5 ings 5 marmarkets.* (creamery).' kets.* Relative to 1919. Relative to 1916-20. Productlon.3 BUTTER. Cold- WholeResale ceipts storage holdat 5 ings 5price, marmar- (Amerkets.' ican).* kets.? Relative Relative to 1916-20. to 1919. Relative to 1919. Production. Cold- WholeResale ceipts storage Proholdducat 5 ings 5price, mar- tion.3 mar- (creamkets.* ery)." kets.' Thousands of pounds. 1OO 92 96 100 1919 mo. av 1920 mo. av 1921 mo. av 1922 mo. av 99 120 70 120 104 87 100 100 103 118 118 105 '95 94 99 72 86 85 100 56,364 51,825 53,939 50,305 100 94 Dollars per pound. Cold- WholeResale ceipts storage at 5 holdings 5price, marmar- (Amerkets.2 ican)^ kets.? Thousands of pounds. Dollars per pound. B.—NUMERICAL DATA. A.—INDEX N U M B E R S . 1916-1920 mo. av 1916 mo. av 1917 mo. av 1918 mo. av CHEESE. 68,181 100 104 104 103 82 83 100 85 90 90 70 72,344 4 5 , 8 7 1 71,965 39,269 86,627 47,445 54,207 37,178 25,850 44,679 38,552 22,338 66,410 $ 0 , 5 9 3 25,771 16,281 59,341 22,126 13,814 21,783 53,491 14,719 .429 16,958 52,745 .403 38,664 $0,310 38,147 .280 30,585 .216 30,828 .211 1921. January February... March Ajpril 81 78 94 111 67 61 78 85 104 74 48 26 85 83 77 74 47 51 70 93 70 69 78 87 92 67 47 38 94 81 80 85 58,906 56,556 67,677 80,363 30,939 27,996 35,593 38,841 58,682 41,486 27,103 14,732 .502 .493 .455 .441 12.228 13,122 17,994 23,919 11,387 11,274 12,675 14,145 34,115 25,000 17,477 14,294 .293 .251 .250 .263 May.... June July.... August. 165 181 155 154 131 181 135 136 14 38 110 147 53 55 66 76 136 143 105 108 120 133 118 79 48 94 111 49 49 60 64 119,077 130,633 111,898 111,638 60,208 82,882 61,786 62,337 7,712 21,682 61,991 82,838 .316 .324 .392 .448 35,077 36,951 27,143 27,833 19,567 21,619 19,180 12,863 13,466 17,814 34,948 41,284 .152 .153 .185 .200 September October November December 124 114 95 96 110 95 81 81 164 160 138 116 72 78 76 73 92 81 51 45 91 101 83 125 121 116 92 64 69 71 66 89,932 82,785 68,604 69,104 50,546 43,785 37,282 37,172 92,292 90,116 77,983 65,129 .425 .461 .451 .435 23,768 20,969 13,216 11,547 14,841 16,382 13,455 11,237 46,635 45,163 42,969 34,055 .200 .214 .220 .206 January February... March April 91 107 116 91 85 98 93 86 62 40 16 62 63 63 61 47 51 68 74 70 90 97 74 58 40 29 67 67 64 59 71,745 65,764 77,521 83,881 41,697 38,894 44,910 42,694 48,412 35,042 22,557 9,113 .365 .375 .371 .363 12,077 13,076 17,411 19>159 10,684 11,319 14,586 15,757 27,691 21,430 14,953 10,745 .209 .208 .199 May.... June July.... August. 178 201 179 150 150 203 202 136 7 23 120 183 61 64 62 61 109 127 119 105 116 140 147 122 51 42 89 125 56 61 65 65 128,554 145,766 129,341 108,727 93,139 92,829 62,494 3,830 13,202 67,410 103,329 .360 .377 .367 .362 27,979 32,648 30, 728 26,976 18,809 22,756 23,940 19,819 18,980 15,481 33,130 46,287 .175 .188 .200 .200 September October November December 121 101 90 84 84 199 171 131 85 69 79 91 109 112 99 84 144 133 110 100 70 87,756 46,419 112,039 41,351 96,380 38,678 73,850 38,475 * 47,773 .410 .466 .494 .526 23,444 (5) 17,729 18,238 16,107 13,749 53,625 49,473 40,852 37,291 .216 .247 .249 .259 1922. 1923. January February... March April 0) 91 1 2 8 4 5 84 26,941 Data from U. S. Department of Agriculture, Bureau of Agricultural Economics. Boston, New York. Philadelphia, Chicago, and San Francisco. Total of weeklyfigureswith first and last weeks of month prorated. Includes whole milk, part skim, and full skim. Holdings on first day of month. Production compiled by months but issued quarterly;figuresnot available at time of going to press. 7« Average of weekly prices of creamery butter, 92 score, at Boston, New York, Philadelphia, Chicago, and San Francisco. Average of weekly prices of American cheese, No. 1 fresh twins, at Boston, New York, Wisconsin, Chicago, and San Francisco. 33,659 125 POULTRY, EGGS, AND FISH. Table 78.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. From Government sources.1 [Base yeai in bold-faced type.] POULTRY. FISH. Coldstorage holdings. 3 ReColdceipts storage Total at 5 holdings catch. (case markets.* eggs).* Relative to 1919. 'to 19l!£-20 I Receipts Y E A R AND MONTH. EGGS. at 5 markets.* POULTRY. 1917 1918 1919 1920 1921 1922 monthly average.. monthly average.. monthly average., monthly average.. monthly average.. monthly average.. FISH. Coldstorage Receipts at 5 2 hold- markets. ings^ R e l a t i v e t o 1919 - Total j ™*~ eaten. h o I d i n g s J Thousands of pounds. Thousands of cases.7 100 3,689 3,118 6 13,518 ; 613,549 514,300 ; 16,936 4,472 3,413 4,089 3,355 4,132 5,102 15,999 18,549 j 62,501 17,358 61,764 15,675 45,296 13,608 44,268 16,260 35,288 5 78 5 78 85 121 93 111 91 112 138 100 90 78 94 92 100 97 108 119 124 119 55 11 68 78 24,523 79,025 72 122 98 1 85 68 14,260 81,096 55 119 166 1 81 54 10,963 79,001 51 94 210 52 58 46 10,191 103 114 107 101 100 73 72 57 19,804 19,148 21,481 23,554 40,352 66,565 46,853 48,224 54,569 61 1OO 70 72 82 1OO Thousands of pounds. B.—NUMERICAL DATA. A.-INDEX NUMBERS. 1916-1920 monthly average. 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average EGGS. 1,188 1,027 1,229 1,357 1921. January.. February. March April May.... June July.... August. September.. October November.. December.. 54 72 177 133 43 10,719 60 53 130 186 101 52 11,874 52 41 95 204 86 65 10,392 76 32 93 206 99 77 15,128 21,525 93 30 77 195 86 109 38 62 170 96 95 18,400 241 52 34 119 59 99 314 98 45 65 52 115 156 68 24 78 78 22,865 76 155 86 5 124 61 15,010 67 133 164 41 13,189 103 245 (8) 26 107 57 76 28 11,196 73 76 218 126 87 82 58 162 218 91 34 84 52 131 266 108 41 16,709 79 46 87 275 116 52 15,571 87 42 69 260 102 67 109 39 59 215 101 228 45 41 155 79 371 78 41 47,674 62,124 62,315 648 1,168 1,977 2,498 408 43 48 1,926 | 11,869 14,806 14,059 10,048 48,320 42,116 33,411 28,444 47,651 35,408 27,268 21,188 2,101 1,539 1,129 1,100 4,909 6,844 7,534 7,605 11,920 17,505 14,983 17,267 26,346 32,311 40,160 47,431 20,064 25,602 34,876 65,167 919 732 399 538 7,210 6,269 4,380 2,403 14,870 16,667 10,235 9,065 54,469 58,899 61,228 59,126 103,697 103,350 88,709 68,479 805 1,026 1,947 2,911 179 13 950 13,539 21,472 18,623 13,160 48,320 37,621 25,474 17,485 50,818 38,602 34,837 30,659 2,587 1,929 1,561 1,028 10,161 15,168 15.757 18,738 20,167 17,074 20,818 25,601 32,227 27,671 25,984 30,238 51,781 815 702 491 9,608 7,924 5,726 3,257 17,671 17,602 13,715 9,505 41,427 54,755 54,503 48,151 1922. January.. February. March.... April May.... June July.... August. September. October November.. December.. 55 14,552 16,207 17,229 21,489 45,171 78 73,458 4,648 8,056 9,811 1923. January... 150 100,122 1,310 February. March April 1 Data compiled by U. S. Department of Agriculture, Bureau of Agricultural Economics, except fish catch representing landings from vessels at Boston and Gloucester, Mass., Portland, Me., and Seattle. Wash., compiled by U. S. Department of Commerce, Bureau of Fisheries. » Boston, New York, Philadelphia, Chicago, and San Francisco. Total of weekly figures with first and last weeks of month prorated. 6 • At end of the month. Holdings on first day of month. 7 * As of 15th of the month. One case of eggs equals 30 dozen, or about 45 pounds net. 8 »Excluding Portland and Seattle. Index number less than 1. 126 COFFEE AND TEA. Table 79.— (A) INDEX NUMBERS AND (B) NUMERICAL DATA. Based on data from Government and non- Government sources.1 [Base year in bold-faced type.] TEA. COFFEE. Clearances from Brazil. Visible supply. 6 YEAR AND MONTH. COFFEE. Imports into U.S. World total. Receipts in Brazil.2 United States. Relative to 5-year average. Relative to 1913. Clearances from Brazil. Visible supply." ImReports ceipts into in To World United Brazil.^ Total.s United U.S. total. States. States.* 1917 monthly 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922monthly 1921. January Februarv March . April 1OO 1OO 1OO 1OO 1OO 94 90 121 122 125 111 80 112 111 121 135 i 107 78 104 131 127 138 129 j 107 av.. av.. av.. av.. av.. av.. . . Mav June July August September October November December 99 72 139 106 102 155 142 • 128 103 132 82 136 121 ' 134 63 61 80 84 91 147 82 66 89 58 90 162 143 92 148 77 7o 89 111 101 131 75 60 94 105 127 76 86 120 100 151 147 75 87 83 109 173 172 33 j 100 90 117 181 187 65 108 108 97 128 215 57 75 109 104 73 55 163 53 74 108 78 88 101 62 99 98 111 62 101 79 125 95 92 90 127 : I j 1 39 75 73 ! 11,797 11,679 9,441 9,200 1,894 1,593 1,689 1,970 955 1,151 1,072 1,249 990 1,207 1,103 1,261 393 491 8,493 7,187 7,425 7,770 8,891 8,839 2,633 1,960 1,162 1,691 1,686 1,140 1,009 1,261 762 558 1,064 894 1,014 813 831 891 1,003 1,036 610 9,002 8,902 8,992 8,842 1,619 1,647 1,901 2,046 1,148 790 680 857 989 1,076 1,154 1,032 964 503 8,663 8,720 8,639 9,034 2,058 2.037 994 727 218 1,079 1,154 1,216 776 345 9,032 L,685 8,920 L,306 8,867 i 76 '' 77 i 1 1 ,747 1,710 77 89 121 123 131 84 102 76 69 117 107 171 103 112 i 75 77 62 69 110 116 96 199 110 165 202 112 i 123 135 9,076 L,175 1.298 79 85 111 127 127 73 106 98 83 158 141 85 78 80 77 96 117 118 127 80 78 63 86 108 170 133 68 9,263 9,234 9,404 9,185 1,616 1,387 1,453 1,195 May June July August . 76 55 80 71 86 161 68 75 61 46 76 86 126 8,944 8,872 8,577 8,600 1,039 1,146 1,086 1,124 September October November December 1922. January Februarv March April 1923. January Februarv March April 1 Imports into U. S. Thousands of pounds. i 99 61 113 121 Imports into U.S. j B.—NUMERICAL DATA. 100 84 89 100 Total.3 To United States. 4 Thousands of bags. 5 A.—INDEX NUMBERS. 1909-1913 mo. av 1913 monthly av.. 1914 monthly av.. 1915 monthly av.. 1916 monthly av.. TEA. 61 73 57 69 74 83 120 65 87 73 59 114 105 108 91 117 74 48 99 109 141 78 7 72 50 212 72 70 44 119 188 51 108 104 104 154 97 122 67 52 105 124 176 65 43 7 96 216 177 8,775 8,513 8 461 8 242 7,953 7r721 474 544 536 359 637 513 594 712 975 386 998 310 1,156 1,121 1,055 1,171 1,218 1,060 1,145 952 514 1,064 1,009 499 913 821 1,259 968 1,159 1,072 765 703 337 438 7.54 337 673 783 433 327 464 667 657 732 325 1,041 425 948 1,033 1,083 554 940 1,521 835 838 993 1 175 738 957 993 959 481 1,004 976 1,226 8,241 7,418 j 8,151 | 8.842 i 8,814 : 107,209 91,788 1 111,130 108,118 111,956 ! 10,566 11,044 6,747 7,567 6,374 110,956 130,413 141,729 162,397 3,247 2 711 5,387 4,711 123,191 76,762 83,703 94,897 4,383 5,094 5,080 7,844 63,546 78,174 124,955 152,776 8,391 9 220 9,258 11,162 119,353 106,847 ' 96,132 100,455 6,966 5,030 6,617 5,593 122,093 95,060 90,591 69,166 5,634 5,367 7,208 9,657 499 1,089 904 75 6 5 9 71,044 84,256 102,438 97,241 7 7 7,938 17.821 59,318 134,273 693 819 i I i : II Data on coffee except imports received from the New York Coffee and Sugar Exchange, Inc.; Imports of coffee and tea from the U. S. Department of Commerce, Bureau cjForeign and Domestic Commerce. 8 Represents total receipts at Rio and Santos. 1 Represents total clearances from Rio, Santos, and Victoria. 4 Represents total clearances from Rio, Santos, Victoria, and Bahia. 6 A bag of coffee averages 132 pounds. «7 Given as of the 1st day of the month. Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October. 127 PRODUCTION AND STOCKS OF SUGAR. Table 80.—NUMERICAL DATA. From Government sources.1 CANE SUGAR. REFINERIES. ProYEAR AND MONTH. duction, refined. Sales, refined. i Stocks, Stocks, Stocks, end of Receipts, end of ! Proend of month, raw. month, duction. month. refined. raw. Sales. BEET SUGAR. Deliveries. Production. Stocks, end of month. 10,749 80,166 83,935 None. 5,836 29,680 242,334 298,332 107,421 89,514 54,977 49,035 218,844 428,066 477,780 Sales. Deliveries. 19 033 | 109,309 69,306 36,463 33 124 72,525 89,110 57,707 Short tons. 1922. July Aii trust September October November December 500 116 541 104 356,770 306,049 317,410 222,033 499 fi-U 312 75fi 200,074 486,020 287,389 128,342 95,719 130,236 226,668 143,118 164,108 177,470 562,971 573,244 276,138 248,427 336,335 168,598 313,457 280,939 182,951 105,868 104,732 40,947 4,447 1,108 653 12,509 99,227 107,682 10,660 4,737 2,457 4,307 23,203 46,761 11,971 79,662 83,702 1923. February March April j I i 1 Compiled by the U. S. Department of Commerce, Bureau of the Census. No figures are available prior to July, 1922. LIVE STOCK ON FARMS, Table 81.—NUMERICAL DATA. From Government sources.1 Milk cows. Other cattle. Total cattle. Hogs. Sheep. Total value of live stock.2 JANUARY 1— Thousands of dollars. Thousands. 1913 1914 1915 1916 1917 20,497 20,737 21,262 22,108 22,894 36,030 35,855 37,067 39,812 41 689 56,527 56,592 58,329 61,920 64 583 61,178 58,93364,618 67,766 67,503 51,482 49,719 49,956 48,625 47,616 $5,501,783 5,890,471 5,969,253 6,009,870 6,735,612 1918 19l9 1920 1921 1922 1923 23,310 23,475 23,722 23,594 24,082 24,429 44,112 45 088 43,398 41,993 41,550 41,923 67,422 68 563 67,120 65,587 65,632 66,352 70,978 74,584 59,344 56,097 57,834 63,424 48,603 48,866 39,025 37,452 36,327 37,209 8,284,198 8,827,894 8,165,194 6,051,202 4,799,170 5,111,256 1 Data represent latest revised estimates as of Jan. 1 of each year as compiled by the United States Department of 2Agriculture, Bureau of Agricultural Economics. Represents value at the farm at Jan. 1 prices and includes the value of horses and mules not separately shown in this table. 128 SUGAR. Table 82.—INDEX NUMBERS. Based on data from Government and non-Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] EXPORTS. RAW SUGAR. PRICES. Wholesale. YEAB AND MONTH. Receipts, LouisiImports. ana crop at New Orleans. Relative to 1913. Meltings.* Stocks, at reflneries.2 Relative to 1919. 1909-1913 monthly average. 1913 monthly 1914 monthly 1915 monthly 1916 monthly average average average average 1917 monthly 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly average. average. average. average. average. average.. Refined, including maple. Raw, 96° centrif- Relative to 19091913. CUBAN MOVEMENT. RetaU. GranuIndex, lated, in bbls., 51 cities N.Y. Receipts, Cuban ports. Relative to 1913. Exports. Stocks, end of month. Relative to 1919. 1OO 100 115 112 117 1OO 62 53 87 65 492 1,214 1,992 1OO 100 100 110 100 165 130 161 108 120 146 179 183 215 372 137 133 181 182 209 297 144 139 169 176 205 353 146 132 1OO 87 95 100 1OO 1OO 95 77 175 103 77 133 45 79 85 50 1OO 104 92 130 1OO 110 157 437 1,274 513 1,859 1,164 1,176 2,314 40 110 120 181 258 866 593 387 441 153 151 173 155 177 166 184 170 176 162 176 176 141 221 215 193 155 208 202 114 133 143 152 191 95 127 276 264 167 140 2,039 2,067 2,272 2,012 140 120 127 134 148 133 128 137 153 142 129 136 144 53 29 40 75 41 46 87 215 122 213 190 81 85 82 78 144 75 86 65 1,206 585 573 100 50 231 245 1,077 123 119 117 106 131 122 121 117 133 125 122 118 19 11 31 47 30 37 76 72 184 171 150 142 January... February. March.... April 179 255 326 269 50 18 6 7 90 128 165 164 90 172 287 332 2,159 2,045 3,673 4,149 104 107 112 114 112 115 121 122 113 116 118 122 60 154 261 218 37 61 157 158 18 64 124 155 May June July Augusti. 254 264 257 242 7 13 16 24 178 164 163 166 285 290 324 276 4,959 5,560 3,010 1,358 116 131 147 148 123 137 154 158 120 129 138 147 168 174 166 162 108 162 131 101 72 September. October November. December.. *99 138 144 144 147 151 27 19 14 53 36 163 146 154 160 162 66 155 105 109 149 170 131 29 54 57 1921. January... February. March.... April 65 151 213 219 May.... June.... July August. 166 95 70 145 September. October November. December.. 80 92 118 26 8 10 8 80 133 107 104 92 27 25 13 1922. 11 96 189 15 86 99 234 95 72 436 200 132 283 70 47 90 1923. January... February. March.... April See footnotes on opposite page. 160 104 59 59 31 129 SUGAR. Table 83.—NUMERICAL DATA. Based on data from Government and non-Government sources,1 [Base year in bold-faced type; index numbers on opposite page.] Y E A R AND MONTH. RAW S U G A R . EXPORTS. WHOLESALE PRICE. Receipts, LouisiStocks, ana Imports. crop at Meltings.2 at reflnNew Orleans. Refined, including maple. Raw, G r a n u 96° lated, centrifin ugal, bbls., N. Y. N.Y. 175,664 201,437 196,569 205,716 Receipts, Cuban ports. Per pound. Long tons. 1909-1913 monthly average. 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average CUBAN MOVEMENT. 16,184 10,109 8,501 14,050 2,953 1,926 14,524 35,838 58,812 $0,035 .038 .047 .058 $0,043 .047 .056 .069 Exports. Stocks, end of month. Long tons. 183,802 192,219 261,149 298,685 229,266 9,545 7,286 8,154 4,704 8,812 9,236 257,174 325,233 338,430 299,891 423,659 81,311 95,428 105,357 150,022 195,854 37,602 15,152 54,891 34,371 34,739 68,341 .063 .064 .075 .130 .048 .047 .077 .078 .089 .126 .062 .059 330,192 288,005 314,662 329,161 325,273 290,391 309,747 335,519 644,484 496,806 1,130,682 499,290 January.. February. March April 113,618 265,898 374,090 385,079 4,279 1,248 1,604 1,224 130,610 261,686 433,186 347,499 105,275 114,476 172,679 245,904 25,583 17,503 11,428 13,022 .054 .053 .061 .054 .076 .071 .078 .073 465,925 730,565 709,262 635,836 504,534 675,218 655,611 372,208 857,767 918,621 980,071 1,231,716 May.... June July.... August. 381,651 166,017 123,782 254,931 671 1,035 4,400 4,029 339,850 298,372 309,800 414,545 263,539 251,827 159,416 133,421 60,197 61,040 67,096 59,400 .049 .047 .044 .047 .063 .057 .055 .058 474,426 174,348 95,777 130,619 244,109 133,535 149,774 283,340 1,383,036 1,431,143 1,372,605 1,225,285 September.. October November.. December.. 141,103 161,695 206,865 176,462 2,063 8,125 39,675 262,817 277,910 268,283 254,135 137,390 71,664 82,253 62,419 35,617 17,261 16,908 31,817 .043 .042 .041 .037 .056 .052 .052 .050 63,030 35,780 103,718 156,660 98,745 120,386 245,669 233,838 1,183,488 1,103,449 967,515 913,486 1917 monthly average.. 1918 monthly average.. 1919 monthly average.. 1920 monthly average.. 1921 monthly average.. 1922 monthly average. 1921. 37,394 1922. January.. February. March April 314,939 448,321 571,836 473,137 8,039 2,895 909 1,206 291,601 415,723 535,357 531,962 85,602 163,817 273,811 316,973 63,766 60,390 108,468 122,516 .036 .038 .039 .040 .048 .049 .052 .052 199,102 507,361 861,174 720,509 121,775 198,821 512,251 512,430 115,786 414,512 71)9,619 997,291 May.... June July.... August. 446,678 460,480 451,011 425,960 1,187 2,066 2,609 3,939 577,330 532,052 530,334 540,024 271,890 277,150 309,413 262,959 146,454 164,184 88,887 40,100 .041 .046 .052 .052 .053 .059 .066 .067 555,852 342,736 294,169 183,441 565,350 540,354 526,849 349,979 1,043,420 844,622 650,164 460,987 »174,232 1,842 2,400 37,912 45,824 312,909 280,003 309,274 227,333 180,577 94,043 69,185 44,828 12,870 5,896 3,893 2,671 .048 .054 .056 .057 .063 .066 .068 90,378 61,713 46,013 87,489 213,728 191,770 191,160 101,760 341,329 228,902 49,495 45,349 September.. October November. December.. 1923. January.. February. March April i Receipts, stocks, and meltings and Cuban movement reported by the Statistical Sugar Trade Journal: Imports and exports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; Wholesale and retail sugar prices, from U. S. Department of Labor, Bureau of Labor Statistics. 8 Figures include reports from seven ports: Boston, New York, Philadelphia, Savannah. New Orleans, Galveston, and San Francisco. Meltings are calculated from weekly reports, the odd days being prorated. Stocks represent the amount of raw sugar in the hands of refiners on the dates nearest the end of the month as reported for each port. 3 Covers first 21 days only, during which period the old tariff law was in effect 29011°—23 9 130 TOBACCO. Table 84.—INDEX NXTMBEES. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] UNMANUFACTURED. export types. Relative to 1909-1913. 1909-1913 monthly average. 1913 monthly average 1914 monthly average 1915 monthly average 1916 monthly average 1917 monthly average 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 1920. September October November . December . . . . ...... Relative to 1919. Stocks.? Wholesale price. Cigar types. Hurley, ManuTotal, o o d leaf, factured Including gdark tobacco imported L o u ired, sand types. ville. snuff.3 Consumption (tax-paid withdrawals). Exports. f1 ProducSales, tion loose leaf Exports, Chewing, (crop waresmoking, leaf. estisnuff, mate). 6 houses. and Y E A B AND MONTH. MANUFACTURED PRODUCTS. Relative to 1909-1913. Large cigars.* Small cigarettes.* Cigarettes. Relative to 1913. 100 96 104 107 116 1OO 117 92 114 126 100 103 113 105 1OO 93 98 85 1OO 101 109 99 1OO 111 104 115 1OO 99 100 105 1OO 95 87 93 1OO 108 115 163 1OO 104 90 184 125 144 147 159 107 133 6 1OO 80 90 51 67 107 203 124 137 114 110 120 126 124 148 142 75 77 80 88 92 102 99 87 112 114 131 130 169 277 245 259 222 208 109 112 96 90 87 95 100 93 93 105 89 91 227 300 341 287 327 344 303 524 699 683 368 495 156 148 71 135 119 125 105 90 103 246 246 95 81 108 112 274 296 504 549 148 133 85 246 54 106 272 465 159 107 144 246 48 80 217 713 117 246 73 73 301 892 147 246 246 246 81 96 84 79 89 87 318 345 293 419 443 337 1921. February March April May 162 149 258 173 26 133 145 138 9 128 218 85 88 319 220 4 151 208 93 98 326 134 94 15 169 208 87 89 321 65 89 64 168 208 100 99 396 342 95 100 59 76 105 138 208 208 94 101 97 101 370 377 407 306 102 139 93 208 83 97 327 432 107 98 124 208 68 73 231 424 98 91 24 103 82 105 145 85 127 208 208 208 92 88 103 70 71 84 286 241 280 405 413 519 6 130 161 109 145 208 85 79 266 481 142 143 2 1 2 62 127 95 103 92 208 208 208 208 97 103 96 112 90 98 93 102 355 409 405 492 567 610 362 545 136 136 64 102 105 186 208 208 100 97 99 110 428 347 594 561 136 71 127 208 91 108 349 443 133 86 118 208 71 89 273 439 . . July August SeDtember October No vember December . . . 131 80 168 99 152 97 135 * 140 91 125 1922. January .. March . . April May June July August . September . . . . October Novem ber December . 138 112 131 123 103 118 1923. January 132 94 April j 121 1 See footnotes on opposite page also. i Stocks held by manufacturers and dealers reported by the V. S. Department of Commerce, Bureau of the Census; Production of manufactured tobacco and snuff, cigars, and cigarettes by the U. S. Treasury Department, Bureau of Internal Revenue; Crop production by the U. S. Department of Agriculture, Bureau of AgricuUvral Economics. Exports by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; Wholesale prices from U. S. Department of Labor, Bureau of Labor Statistics. Sales of tobacco from loose-leaf warehouses compiled by Federal Reserve Board from reports of State authorities of Kentucky, North Carolina, South Carolina,and Virginia, which states grow about 75 per cent of the total tobacco crop. Held by manufacturer and dealers on first day of each quarter. Yearly figures are quarterly averages. 131 TOBACCO. Table 85.—NUMERICAL DATA. Based on data from Government sources,1 [Base year in bold-faced type; index numbers on opposite page.] UNMANUFACTURED. MANUFACTURED PRODUCTS. Wholesale price. Srtocks.2 YEAR AND MONTH. Sales, Production loose leaf Exports, Chewing, (crop wareleaf. smoking, estimate).' houses. snuff, and export types. Cigar types. Dollars per 100 pounds. 810,469 369,802 1,234,013 344,971 1,244,524 953,734 36,754 1914 m o n t h l y average 28,827 835,462 1915 m o n t h l y average 1,034,679 1,062,237 35,877 915,451 361,114 1,343,396 1916 m o n t h l y average 1,153,278 39,784 853,156 313,142 1,225,555 1917 m o n t h l y average. 1,249,276 1918 m o n t h l y average. 1,439,071 1919 monthly average. 1,465,481 5 82,149 1920 monthly average. 1,582,225 65,280 74,254 41,601 21,186 33,656 63,826 38,946 42,946 35,907 889,484 970,465 1,018,253 1,001,387 1,199,209 1,147,767 58,016 110,671 108,986 87,452 37,261 39,394 26,628 45,391 133,397 21,57? 46,852 41,735 45,445 43,320 7,753 3,367 12,248 52,939 40,220 | 47,328 | , 53,156 j 1,235,156 52,815 48,421 62,764 113,873 80,352 33,009 43,465 I 1,136,484 29,236 | 38,772 ! January February.. March April 80,076 74,772 19,645 4,582 265 ! 1,174,8 635 ! 967 704 1,303,255 May June July August 1,338 1,196 1,953 50,655 1,069,693 1922 m o n t h l y average. 1,324,840 Thousands of pounds. Thousands. 31,417 996,176 1913 monthly average 1921 monthly average. Exports. Burley, ManuTotal, good factured Large including leaf, Small Cigarettes. imported dark red, tobacco and 8 cigars. * cigarettes. * types. Louissnuff. ville. Thousands of pounds. 1909-1913 m o n t h l y average Consumption (tax-paid withdrawals). 277,846 1,217,963 283,495 1,073,084 296,095 1,381,713 323,643 1,408,311 340,656 1,621,288 377,769 1,605,059 331,849 1,271,525 13.20 14.65 13.79 15.23 36,990 630,959 36,745 597,849 1,296,308 1,404,636 36,863 549,932 1,497,029 38,847 586,844 2,107,525 22.30 36.57 32.35 34.18 29.28 27.50 40,248 41,423 35,339 33,324 32,208 35,019 32.50 32.50 32.50 32.50 629,991 2,944,272 587,796 3,888,075 589,363 4,426,649 661,418 3,718,526 193,234 200,602 173,015 354,889 584,977 1,012,128 1,350,981 1,319,489 711,973 956,334 563,218 4,238,423 574,300 4,463,752 35,250 30,075 20,150 17,683 678,640 3,557,482 974,449 704,799 3,840,335 1,061,759 668,060 3,529,200 898,951 506,126 2,816,818 1,378,170 32.50 32.50 32.50 32.50 27,153 30,007 35,478 31,056 462,798 3,901,560 1,723,331 496,724 4,119,377 810,189 561,344 4,470,292 856,801 548,104 3,801,672 650,790 28.75 27.50 27.50 27.50 31,351 34,539 32,018 36,873 555,479 4,136,085 425,908 618,495 4,219,727 259,558 564,599 4,161,218 125,710 622,039 5,136,577 660,333 27.50 27.50 27.50 27.50 34,803 37,414 30,772 25,035 614,428 4,797,398 787,162 635,808 4,881,826 590,472 615,171 4,235,407 834,670 463,624 2,999,935 818,752 27.50 27.50 27.50 27.50 34,215 * 32,456 38,120 31,376 443,261 3,705,516 781,738 447,226 3,125,819 797,423 529,162 3,636,032 1,002,398 501,394 3,453,061 928,955 27.50 27.50 27.50 27.50 35,846 38,233 35,449 41,476 569,209 4,601,373 1,094,728 615,253 5,301,643 1,179,420 585,874 5,246,812 700,044 641,164 6,373,890 1,052,855 1920. September. October N ovember. December.. 1,553,812 1,478,788 1,476,444 1,582,225 849,199 1921. January... February. March April 212,073 142,286 May June. July August 932,157 889,266 September. October November. December.. 948,324 991,564 1,020,874 1,069,693 1,061,696 1,363,499 297,472 367,854 359,095 338,202 1,446,914 1,818,781 1,672,017 1,547,440 1922. 1,414,641 1,425,000 September. October November. December.. 1,353,000 1,353,000 1,355,000 1,324,840 52,413 83,778 58,241 70,560 1,119,605 993,398 313,316 401,633 413,540 382,586 1,561,848 1,784,551 1,616,396 1,457,439 27.50 27.50 37.50 27.50 37,108 625,772 5,554,301 1,148,533 35,755 692,941 4,497,685 1,084,477 33,838 679,300 4,524,272 856,247 26,361 561,042 3,544,624 849,188 1923. January... February. March April 1,068,042 346,604 1,491,301 See footnotes on opposite page also. »4 Represents the total of plug, twist,fine-cut,smoking tobacco, and snuff. The Internal Revenue reports the number of large cigars, i. e., those weighing over three pounds per thousand, and the number of small cigars weighing less than the above amount. Likewise they report the number of large and small cigarettes, the former weighing more than three pounds per thousand. Large cigars and small cigarettes represent more than 90 per cent of the total number manufactured in each case and are the only ones given in this table! * Yearly figures on crop production represent the latest revised estimates as reported by the U. S. Department of Agriculture, Bureau of Agricultural Economics. The monthlyfiguresfor 1920 and 1921 are the current monthly estimates of total production. • Partly estimated. Kentucky sales for first half year not available and are estimated as equal to the sum of the sales in the other States, which is approximately tlie normal proportion of Kentucky sales to the total. 132 TRANSPORTATION—WATER. Table 86.—IHDEX NUMBERS. Based on data front Government and non-Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] CARGO TRAFFIC THROUGH CANALS. Panama Canal.2 Y E A R AND MONTH. 1914 monthly average 100 39 67 1OO 96 119 85 129 169 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average.... 126 208 237 1931. January . February March April 250 239 209 203 May June July 228 187 173 209 71 154 1OO 63 144 154 141 192 236 Relative to 1913. 1OO 69 89 115 113 1OO 1OO 1OO 80 71 62 50 50 42 45 39 103 112 120 141 107 86 99 61 83 45 48 29 59 55 84 56 71 145 231 349 609 411 230 146 274 234 221 169 266 223 10 126 106 131 110 195 62 171 81 82 75 174 206 185 242 78 8 62 65 203 236 206 279 355 350 40.1 37.6 104 100 131 129 42.5 42.9 36.8 36.7 247 216 220 90 134 120 41.8 36.0 32.3 28.8 195 80 110 112 37.0 33.5 32.4 184 164 148 174 191 60 67 83 77 90 108 109 31.7 34.7 33.1 27.3 27.1 29.1 28.3 25.4 25.7 25.7 25.9 24.6 120 124 128 139 162 228 232 85 122 119 628 136 352 298 50.6 42.7 88 91 97 101 658 284 240 112 210 226 221 245 458 388 174 146 200 183 90 96 168 203 978 767 685 334 264 264 309 60.7 104 107 40 60 274 104 93 100 112 73 124 91 121 1 76 67 61 69 513 668 1 175 161 213 195 202 212 840 934 198 106 97 85 80 131 206 236 257 84 95 126 116 120 225 97 91 151 151 157 162 227 68 68 87 84 85 79 115 198 208 252 125 82 83 17 82 86 120 117 122 221 394 441 190 76 228 395 472 507 Relative to J a n u a r y , 1920.. 90 93 99 92 153 89 188 86 74 All Europe-* 1OO 93 87 90 423 49 United Kingdom. 1OO 80 107 123 133 63 603 Total. 100 91 92 97 92 65 87 94 49 1OO 93 85 155 41 210 234 1OO 88 113 129 141 131 68 United States, Atlantic ports to- Relative to 1913. 1OO 266 275 423 INDEX OF OCEAN FREIGHT RATES.4 TRADE. 1Entered a— Governmentowned barges. Ameri- ForAmeri- Forcan. eign. Total. can. eign. 66 286 619 114 200 129 67 33 10 VESSELS IN F O R E I G K to Relative to 1913. Rel. 1919. 210 195 211 October New York State Canals.5 Re- Shipceipts ments irom St. In Louis. Louis. In Ameri- British Total Total Total can cargo. cargo. cargo. vessels. vessels. Relative to 1915. 1915 monthly average 1916 monthly average 1917 monthly average Sault Ste. Marie3 Canal. MISSISSIPPI RIVER CARGO TRAFFIC. 167 201 211 237 201 206 66 74 74 1OO 137 7 1OO.O 44.9 29.0 54.7 49.3 50.1 7 1OO.O 36.0 25.5 43.3 38*5 35.9 39.0 247 79 72 676 217 71 700 700 645 651 167 156 181 184 59 70 80 75 790 795 819 244 222 271 259 90 105 107 123 125 149 147 210 210 244 232 79 94 102 101 115 126 141 138 27.9 27.5 28.8 29.2 239 289 272 106 141 23.4 25.3 22.7 83 133 145 137 139 27.0 142 244 269 276 106 89 28.0 24.0 209 78 113 171 107 27.1 24.4 118 109 83 68 27.2 1922. January February March April * May June July August September October November . ..... 356 357 297 286 25 72 6 33 81 103 103 839 427 42 61 61 86 151 144 181 83 679 380 74 80 87 291 119 316 31 425 110 76 113 77 95 91 18 346 597 250 276 170 80 88 93 107 86 87 82 89 1923. February March April See footnotes on opposite page also. i Panama Canal traffic reported by The Panama Canal; Tonnage entered and cleared in foreign trade, TJ. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; Sault Ste. Marie Canal traffic, U. S. War Department, Engineer Corps; New York State canal traffic from New York State Superintendent of Public Works; Receipts and shipments of cargo byriverat St. Louis (almost all by Mississippi River) from Merchants Exchange of St. Louis; Cargo tonnage on Government-owned barge line from TJ. S. War Department, Mississippi' Warrior service; Index of ocean freight rates from the Federal Reserve Board, Division of Analysis and Research. » Represents tonnage of cargo carried by commercial vessels. Yearlyfiguresrefer tofiscalyears ending June 30. * Figures for 1913 to 1922 represent monthly averages for eight months during which the canals are usually open. < The index of ocean freight rates represents rates to 7 ports in the United Kingdom and a total of 17 ports for all of Europe. The index numbers are weighted by the geometric means of these rates. The weights include the relative importance of each port and also the relative importance of the 5 principal products—grain, proVisions, cotton, cottonseed oil, and sack flour. 133 TRANSPORTATION—WATER. Table 87.—NUMERICAL DATA. From Government and non-Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] I CARGO TRAFFIC THROUGH CANALS. Panama Canal.2 YEAR AND MONTH. In American vessels. In Total British vessels, j cargo. Sault Ste. Marie Canal.3 New York State Canals.- Total cargo. Total cargo. av. av. av. 182,325 ! 183,376 70,738 ! 130,888 av. av. 122,977 282,813 1918 mo. 1919 mo. 1920 mo. 1921 mo. 1922 mo. av. av. av. av. a v. 407,371 257,843 588,214 627,669 576,385 781,208 961,601 174,856 | 217,973 229,907 ! 156,412 378,928 ' 235,856 431,613 310,161 10,710 8,529 9,910 6,032 8,259 5,038 5,754 166 177 |j 10,449 , 9,174 i 8,731 203 I 14,827 13,845 13,392 208 I! 12,548 ; 24,133 I 36,939 13,637 | 16,313 ' June July August 415,794 341,235 316,221 380,367 230,217 194,407 239,850 202,004 || ;j !j !j 6,155 8,079 8,139 7,498 September J October....! November.. December.. 384,101 383,083 356,019 343,185 209,475 !! 754,894 j 367,495 |! 985,775 || 236,625 j| 855,440 349,270 953,053 6,482 6,652 3,265 1,031 360,282 380,129 459,264 498,862 807,298 '[ 277,293 276,073 838,074 :. 287,319 960,089 !| 297j169 |l, 046,047 ;! 792,735 694,720 708,982 839,273 3,965 4,078 4,437 4,750 5,609 372 297 265 232 185 456,430 1 421,485 j 1,117,053 435,024 ! 268,430 jj 952,904 381,256 | 404,396 '1,084,563 ' 369,693 310,252 'I 907,613 ' j ! ! I 17,594 8,738 7,414 7,883 6,923 957 ji i| !! I! 105 179 211 197 269 198 262 37 Cleared. Foreign. Total. Thousands of net tons.6 Tons. 9,965 6,921 8,911 I 11,486 11,227 1921. January February...! March I April VESSELS IN FOREIGN TRADE. Entered. Ship- GovReernceipts ments inentat St. from St. owned Louis. Louis, barges. Amer- Foreign. Thousands of short tons. Long tons. 1913 mo. 1914 mo. 1915 mo. 1916 mo. 1917 mo. MISSISSIPPI RIVER CARGO TRAFFIC. 1,174 1,033 1,233 1,512 1,658 3,264 3,028 2,768 2,803 2,416 1,538 1,828 2,678 2,592 2,636 1,250 1,000 1,340 1,537 1,666 3,233 3,017 2,826 2,895 2,467 4,483 4,017 4,166 4,433 4,133 2,121 2,064 2,667 2,590 2,787 4,440 4,061 4,101 ; 4,315 I 4,074 ! j 3,659 i 3,892 j 5,344 ! 5,182 | 5,423 1,563 2,083 2,836 2,507 2,639 2,184 2,189 2,816 2,704 2,756 3,748 4,271 5,653 5,211 5,395 1,460 10,970 7,140 15,300 2,625 5,921 11,340 '• 23,203 i 24,550 ! 24,012 !; 23,890 \ 36,917 ! 2,506 2,293 2,373 2,490 2,199 1,999 2,246 2,368 4,705 4,292 4,619 4,859 2,191 2,017 2,098 2,536 2,455 2,149 2,396 2,474 4,646 4,167 4,494 5,010 15,745 20,175 14,155 23,050 15,665 18,725 33,310 37,050 34,412 38,476 44,829 58,345 2,463 2,654 2,593 2,885 2,861 2,962 3,164 3,287 5,324 5,616 5,757 6,172 2,114 3,059 2,513 2,582 2,910 3,094 3,362 3,223 5,024 6,153 5,875 5,805 6,9S5 10,535 16,480 8,575 38,785 30,420 27,155 26,085 44,263 39,984 33,843 59,062 2,676 2,718 2,895 2,553 2,759 2,577 2,350 2,306 5,435 5,295 5,245 4,859 3,092 2,702 2,748 2,434 2,903 2,696 2,200 2,586 5,995 5,398 4,949 5,021 130 100 4,365 12,680 24,890 5,405 13,940 13,725 6i; 144 61,127 56,329 56,871 1,963 1,832 2,127 2,168 1,931 2,295 2,626 2,459 3,894 4,127 4,753 4,627 2,051 1,856 2,181 2,389 1,935 2,169 2,684 2,495 3,986 4,025 4,864 4,884 26,525 33,250 25,415 16,935 31,890 | 26,920 14,650 ! 15,055 69,000 69,415 71,545 52,125 2,870 2,603 3,187 3,035 2,601 2,945 3,435 3,505 5,471 5,548 6,622 6,540 2,621 2,625 3,053 2,903 2,554 3,028 3,286 3,274 5,175 5,653 6,339 6,178 21,786 24,134 14,837 2,808 3,390 3,193 2,456 3,470 2,897 2,722 2,562 6,278 6,287 5,915 5,018 3,050 3,358 3,446 2,132 3,429 2,778 2,799 2,643 6,479 I 6,136 i 6,245 ! 4,775 I 1922. January February... March April May June July August 608,539 480,466 | 481,625 j ! 563,512' September.! 542,639 October ! 649,367 November.. | 651,015 December..' 1923. January February March April 318,813 268,475 366,746 335,516 j 1,158,507 ! j I 977,507 |' 1,211,100 |: 1,165,950 371,801 ! 1,138,188 432,190 | 1,445,863 . 378,635 | ! l,426,860 ! 639 3,317 8,066 10,235 10,286 226 321 10,986 11,233 j 9,468 1,838 13,075 | 281 287 i 14,055 ! 338 ! 15,260 : 5,495 157 227 11,530 4,720 12,535 16,855 ' See footnotes on opposite page also. * About two-thirds of this traffic is through the Erie Canal and one-third through the Champlain Canal. Figures for 1913 to 1922 represent monthly av<*ra$w for * months, during which the canals are usually open. « Net ton represents 100 cubic feet internal carrying capacity after prescribed allowances for crew and engine space. ' January, 1920. 134 FREIGHT-CAR MOVEMENT. Table 88.—INDEX NUMBERS. Based on data from commercial and trade sources.1 [Base year in bold-faced type; numerical data on opposite page.] YEAR AND MONTH. Box cars. Coal cars. BADORDER SHORTAGE.* SURPLUS.' Total3 cars. Box cars. Coal cars. AVERAGE LOADINGS PER WEEK. CARS.6 Total3 cars. Total. Grain and grain products. Live stock. Coal. Relative Relative to 1919. Forest products. Ore. Merchandise L.C.L., Total.* and miscellaneous. Relative to 1919. to 1913. j 1916 monthly av 1917 monthly a v . . . 1918monthly a v . . . 1919 monthly a v . . . 1920 monthly a v . . . 1921 monthly a v . . . 1922 monthly a v . . . 1920. September October NovfTnhpr December.. 1921. January February . March . April Mav June July August September October NovPTnbflr 88 8 36 100 19 1OO 156 100 3 204 179 347 153 100 227 6 58 120 91 140 2 1 2 217 570 332 111 96 656 229 111 12 36 13 467 89 217 94 100 616 11 377 1OO 111 339 108 8 205 213 206 100 89 113 122 100 1OO 91 110 88 87 94 78 100 106 84 100 100 118 46 81 100 103 96 112 100 106 94 105 110 109 99 85 213 201 117 46 111 115 101 91 118 124 109 98 79 94 90 84 24 24 18 15 79 84 93 95 85 85 95 97 95 42 2 26 15 264 81 115 182 23 108 4 51 16 121 112 98 90 89 218 120 171 99 141 94 86 84 208 337 262 161 95 79 75 217 303 255 3 3 3 (*) 1 96 218 3 2 103 229 2 2 127 211 179 86 82 74 1 5 2 2 1 3 16 3 205 98 81 89 226 104 83 88 87 88 63 78 96 235 145 73 82 73 81 95 94 249 154 84 88 79 85 103 101 3 189 218 208 178 215 197 1 1 113 214 170 20 84 173 130 3 51 130 91 13 28 43 42 28 139 176 149 1 233 293 248 161 193 175 116 129 129 108 96 115 3 103 None. 1 94 111 102 127 107 121 86 122 87 87 15 248 142 91 92 82 76 108 105 46 241 130 112 111 92 57 118 116 1 229 97 96 87 86 21 99 94 212 108 88 74 79 15 90 85 92 1922. • JftTliiftry February.. March April May June July September October .. November December. 1923. January February March April.. 1 2 2 3 208 129 99 95 86 12 89 2 219 131 88 108 88 11 92 96 109 3 2 1 2 222 106 55 74 93 14 105 102 311 196 2 9 3 212 84 82 41 99 26 110 91 85 259 161 6 10 7 217 108 90 47 107 49 114 98 73 195 179 7 75 20 226 102 89 53 110 144 119 106 26 174 92 87 158 103 215 129 81 43 97 170 116 103 5 72 37 189 329 243 229 144 90 56 102 177 118 109 5 2 3 5 3 350 927 539 213 132 106 97 100 140 119 117 2 479 1,126 741 193 134 122 110 105 125 124 124 3 355 1,020 553 166 136 118 111 109 77 118 118 8 202 870 343 150 130 102 107 100 25 103 105 1 6 143 i i See footnotes on opposite page. 1 135 FREIGHT-CAR MOVEMENT. Table 89.—NUMERICAL DATA. From commercial and trade sources.1 [Base year in bold-faced type; index numbers on opposite page.l SURPLUS.8 Box cars* YEAR AND MONTH. Coal cars. BADORDER CARS.e ; SHORTAGE.* Total3 cars. Box cars. Coal cars. Total3 cars. Total. AVERAGE LOADINGS PER WEEK. Grain j and T, Coal. ucts. ' Forest products. Ore. 1 Merchandise L.C.I~, Total.* and miscellaneous. Number of cars. 1916monthly 1917monthly 1918monthly 1919 monthly 1920monthly 1921 monthly 1922 monthly av... 6,437 av... 29,251 av... a v . . . 82,135 15,985 av... a v . . . 127,982 47,675 av... I 75,605 1,981 154,499 90,897 23,592 68,680 189,396 24,194 339,026 172,834 65,901 | ! 112,934 28,964 i 18,991 j 43,148 | 1,146 26,653 I 52,360 4,200 ! 24,174 25,868 i 82,056 444 1,896 15,852 51,579 132,374 134,711 141,961 167,700 163,676 308,717 310,554 38,973 34,829 44,066 47,597 I 32,955 176,695 193,787 30,105 28,858 153,672 138,555 30,827 56,828 60,476 47,928 56,629 37,434 472,495 801,616 44,142 485,104 850,923 17,367 455,916 754,717 30,291 526,873 842,302 I 1920. September October November December ! 54 j j 2,107 j ' 34,756 I j 149,487 j 1921, January February March April 1,521 107 1,786 17,067 1,916 3,856 49,695 204,408 \ 179,219 173,520 171,119 178,037 90,685 172,850 255,055 229,443 324,186 413,450 495,904 492,352 May June July August 155,040 146,298 i 93,013 ; 69,238 165,102 162,537 161,723 130,596 September October November December ; 42,093 j 22,628 i 113,874 j 191,707 1922, January February March April : May June July August. September.. October November.. December.. 1923. January • February 1 March j April 79,586 75,219 43,953 17,123 522,640 545,670 478,272 428,922 949,597 995,095 877,176 785,798 44,739 53,406 51,070 47,578 8,873 6,677 5,730 372,517 397,519 438,447 448,422 683,651 683,088 698,627 698,156 157,122 155,001 145,420 155,376 49,463 49,880 41,558 45,010 23,684 29,069 30,389 31,769 455,605 456,036 448,886 487,854 758,438 762,827 750,717 812,265 29,907 36,834 31,524 29,100 162,882 196,206 154,434 130,297 46,443 52,392 48,846 44,752 28,554 512,322 21,490 559,386 7,830 ; 469,524 5,470 424,479 840,318 929,022 756,624 682,869 50,460 51,199 41,184 32,874 32,568 29,113 18,092 27,114 168,720 190,126 131,116 72,528 48,960 50,124 52,734 56,052 327,704 340,822 324,583 345,013 42,186 39,614 50,227 56,177 29,550 29,261 26,723 29,665 82,494 93,736 75,639 98,499 321,674 291,654 249,960 226,288 51,308 52,140 53,076 50,721 35,026 170,512 40,353 195,145 38,853 j 195,890 33,669 I 188,255 41,198 j 23,930 18,295 27,549 2,795 11,091 731 2,159 80,141 55,412 19,673 3,808 166,148 167,965 174,276 182,097 43,707 38,064 34,978 34,645 30,879 33,697 35,169 28,247 195,651 62,679 223,792 ! 61,682 213,237 | 56,489 215,271 48,276 306 468 26 87 108 71 8 108 810 650 123 276 191,234 213,180 243,586 270,319 40,235 36,758 37,208 33,455 31,638 28,377 26,166 26,993 174,968 149,092 131,951 131,314 394,040 373,791 321,781 246,740 187 3,710 641 50 310 83 67 339 663 3,905 739 309,971 341,337 354,611 376,417 38,214 40,582 56,585 59,973 26,652 27,486 23,979 27,643 98,048 33,643 132,692 221,614 172,420 80,203 282,926 470,516 2,478 5,301 264 24 142 4,339 None. 37 3,621 11,219 302 110 374,087 364,372 345,201 320,292 55,272 50,478 37,998 42,032 132,174 95,361 88,491 94,653 145,913 97,634 72,566 235,077 330,681 245,100 206,746 371,538 546 373 255 369 36 100 77 374 642 599 423 842 313,190 331,050 334,628 320,083 69,714 60,101 21,367 3,850 195,439 147,558 131,267 54,566 305,198 339,225 174,927 70,455 1,094 1,397 16,550 35,819 423 3,148 6,633 13,835 1,714 4,803 24,973 58,670 201 265 859 5,062 3,486 1,584 2,026 3,651 66,529 91,039 67,468 38,397 38,954 47,273 42,848 36,525 130,325 179,239 133,786 82,927 5,843 3,716 5,595 i 14,981 I 4,410 4,151 5,250 9,654 | | \ ' 421,722 486,143 495,258 521,106 734,442 768,741 827,400 727,488 60,714 62,621 55,181 57,838 18,384 I 540,546 54,054 ! 563,043 63,528 547,143 66,264 556,560 782,670 851,700 828,029 873,369 56,871 59,655 61,813 56,979 52,448 46,836 28,987 9,522 934,816 992,651 947,373 838,948 559,981 587,910 556,176 i 216,011 ' f;ata from the A merican Railway Association. » fy*ily average for the last period (7 or 8 days)of the month, exclusive of Canadian roads. The Association reports the number of freight cars which are idle (surplus) f»ho inn number of requests for cars which can not be filled (shortage). The difference betweea these two figures represents the net freight-car situation for the country wnrAti. Thr* car shortages can not ordinarily be filled from the idle cars because of the uneven geographical distribution of the latter. * f r,f\ u^lfts ot.hf;r classes than groups listed. * TotaI includes coke shipments in addition to commodity groups listed. s y\ui\*x number less than 1. '' h>m\)W of railroad freight cars in need of repairs on first day of each month. Note that 1913 is the base year, having a monthly average of 150,909 cars in need i of r 136 RAILWAY OPERATIONS. Table 90.—INDEX NUMBERS. Based on data from Government and non-Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] LOCOMOTIVES IN BAD ORDER. YEAR AND MONTH. Freight. Passenger. REVENUES. Freight. Passenger. Total operating. NET TOTAL RAILOPERWAY OPERATING ATING EXPENSES. INCOME.* 1914 m o . av. 94 1915 m o . av. 101 100 94 93 1OO 101 100 96 95 1OO 95 1916 m o . av. 57 121 102 118 109 1917 m o . av. 52 133 120 132 131 1918 mo. av. 63 79 163 150 161 184 1919 mo. av. 1OO 168 171 169 203 72 204 186 203 267 1921 mo. av. 100 78 91 97 185 167 182 211 1922 m o . av. 100 1920 mo. av. September October November December 1921. January February March April May.... June July.... August. 91 89 92 91 I 90 90 92 91 91 September October November December 1922. January February March April 86 93 96 94 May.... June July.... August. 95 92 84 111 September October November December 1923. January... February. March April ! ' EXPRESS EARNINGS. Passengers carried 1 mile. Passengers carried. Total operat- Operating ining revenues. come. Relative to 1919. 1O0 8Q 1OO 3 1OO >1OO QA 100 3 102 8 105 117 146 <92 100 3 129" 3 98 «144 102 112 136 96 72 8 86 128 133 121 137 105 100 117 130 118 126 116 135 137 150 146 138 158 177 110 1OO 126 1OO 129 124 1OO 173 12 128 248 226 243 280 133 94 272 198 252 290 145 97 247 185 232 283 85 219 200 216 281 6 92 184 183 184 243 97 161 154 159 212 100 181 169 180 220 51 101 172 158 170 207 49 101 177 162 174 209 62 98 182 173 181 210 85 94 178 189 181 200 116 97 200 190 198 210 151 150 156 137 127 161 171 175 152 133 125 129 165 144 130 133 168 167 163 161 13 13 12 10 109 91 98 94 169 177 184 183 119 101 108 100 128 111 129 118 140 135 143 138 9 11 13 103 103 104 111 172 175 172 178 105 114 129 128 123 134 140 143 134 133 133 91 177 175 179 172 117 103 94 101 139 120 108 113 120 119 117 85 10 4 62 1 9 5 7 95 201 175 195 208 146 97 227 154 210 219 176 98 194 144 183 203 112 95 163 154 167 192 86 113 134 107 94 91 156 145 155 186 166 128 157 179 49 80 139 84 104 120 90 162 160 167 180 85 92 96 118 102 114 119 104 104 107 103 5 5 5 4 103 128 116 88 102 106 99 111 177 174 168 162 100 116 124 124 124 144 140 148 108 105 103 5 98 142 132 125 144 139 156 156 114 105 144 131 118 132 106 107 100 200 140 186 199 101 163 145 163 185 181 149 176 196 96 188 167 186 200 85 169 175 174 187 102 185 176 186 213 116 119 111 108 106 201 169 196 225 116 230 157 216 236 111 220 147 205 225 97 91 Receipts per tonmile. THE PULLMAN CO. 101 83 85 Tons carried lmlle. PASSENGERMILE OPERATION. Relative to 1913. Relative to 1919. 1913 mo. av. TON-MILE OPERATION. 109 See footnotes on opposite page. 4 5 7 137 RAILWAY OPERATIONS, Table 91.—NUMERICAL DATA. From Government and non- Government sources,1 [ Base year in bold-faced type; index numbers on opposite page.] LOCOMOTIVES IN BAD ORDER. REVENUES. YEAR AND MONTH. Passenger. Freight. Percent to number in use. Total operating. NET TOTAL RAILWAY OPERATING OPERATING EXINPENSES. COME.* Thousands of dollars. NET TON-MILE OPERATION. PASSENGERMILE OPERATION. THE PULLMAN CO. EXPRESS EARNINGS. Tons carried 1 mile. Receipts per tonmile. Passengers carried, lmile. Passengers carried. Total Operoperat- ating ing revinenues. come. Thousands of tons. Cents. Thousands. Number. Thousands of dollars. » 2,072,018 1913 monthly a v . . $176,916 $57,548 $255,139 $181,732 $59,900 27,338,294 0.719 » 2,822,922 1914monthlyav.. 165,943 54,230 241,608 173,916 53,451 26,163,146 .723 "2,880,582 •2,182,396 1915 monthly a v . . 178, 864 53,798 256,630 171,926 70,002 <25,232,208 .722 '3,649,161 *2,021,039 1916 monthly av 15.5 214,784 58,980 302,104 198,031 87,265 < 31,126,359 .707 2,882,163 2,326,425 1917 monthly av 14.2 236,177 68,935 337,539 238,184 81,232 34,942,744 .715 3,289,738 2,691*212 86,056 410,549 432,005 518,785 463,981 334,767 368,287 485,861 383,351 57,759 36,409,975 33,033,629 37,411,868 28,729,900 .849 3,556,382 2,397,260 .973 3,863,.192 3,112,128 $12,613 1.052 3,904,056 3,271,282 16,306 3,615 1.275 3,110,759 2,600,416 15,640 260 1918 monthly av 17.2 21.0 1919 monthly av 27.1 26.5 1920 monthly av 21.1 19.2 1921 monthly av 24.6 25.7 1922 monthly av 27.2 26.8 1920. September October November December 22.6 23.3 23.1 23.9 1921. January February March April 25.9 25.0 25.8 26.1 24.6 24.4 24.2 25.7 25.0 26.6 24.7 26.7 May June July August 24.5 26.8 24.4 26.0 24.9 24.9 24.7 25.6 September October November December 24.6 25.3 24.2 25.6 1922. January February March April May June July August September October November... December 1923. January February March April 24.2 25.9 25.1 25.2 23.4 24.1 25.2 25.9 26.0 26.4 25.5 26.7 25.8 26.1 24.9 25.5 22.7 22.5 30.0 26.9 31.5 28. 2 32.3 j 30.7 30.0 I 29.4 288,183 296,410 360,304 326,931 98,334 107,285 96,156 43,024 4,846 51,248 $2,092 2,645,699 510,769 79,676 86,641 50,964 3,302 40,999,843 42,562,687 37,458,630 34,722,365 1.154 1.226 1.255 1.217 4,294,113 3,761,875 3,518,107 3,640,548 3,422,673 2,974,833 2,692,723 2,759,442 21,217 21,002 20,570 20,345 470,389 406,496 459,048 433,398 442,196 384,646 400, 111 375,697 1,526 5 5,165 30,807 29,857 29,824,391 24,913,294 26,825,588 25,578,883 1.215 1.274 1.320 1.316 3,358,000 2,857,000 3,056,000 2,832,811 2,657,771 2,307,168 2,633,165 2,443,961 17,704 16,992 18,023 17,403 109,192 444,860 461,585 462,940 505,732 379,865 380,856 362,756 382,106 36,943 51,067 69,324 90,160 28,218,768 28,140,661 28,412,404 30,381,958 1.236 1.261 1.234 1.280 2,969,406 3,214,896 3,637,499 3,622,956 2,553,188 2,774,177 2,903,775 2,970,079 16,929 16,779 16,767 11,431 354,841 401,952 342,371 288,762 100,600 88,903 82,638 88,670 498,348 536,723 465,933 425,022 377,767 397,959 368,087 348,880 87,606 105,521 66,868, 51,588 30,864,054 36,670,230 29,221,710 25,706,855 1.271 1.261 1.284 1.237 3,291,820 2,910,493 2,656,590 2,844,671 2,890,136 2,476,852 2,245,621 2,349,099 15,127 14,951 14,801 10,770 1,305 276,473 294,473 353,908 288,849 83,720 73,585 80,531 83,461 394,941 401,427 474,670 416,869 337,269 324,501 360,928 336,178 29,476 47,771 83,511 50,272 27,099,000 28,348,000 32,904,832 24,727,919 1.164 1.152 1.198 1.291 2,698,888 2,396,439 2,592,731 2,701,720 2,444,584 2, 111, 766 2,356,701 2,461,456 13.131 13.132 113 13,440 163 12,980 82 319,362 331,872 299,169 326,486 85,533 96,012 100,668 101,502 448,948 473,785 443,183 473,877 355,589 363,984 340,726 387,100 61,981 76,594 69,239 52,580 27,855,386 29,048,643 27,073,021 30,452,607 1.271 1.249 1.209 1.168 2,821,701 2,269,479 3,495,000 3,504,000 2,561,599 2,986,541 2,890,939 3,063,092 13,583 80 13,272 103 12,991 103 8,644 151 355,402 406,106 389,501 97,504 90,133 84,790 500,203 550,052 523,012 408,561 428,972 409,453 58, 457 85,255 78,869 34,270,263 39,260,029 38,046,185 1.120 1.125 3,221,000 2,956,538 2,990,265 2,716,144 2,440,127 2,725,171 13,408 168 13,543 197 438,882 480,375 436,891 386,564 129,857 113,902 106,652 114,830 618,926 641,827 592,054 550,580 509,720 324,935 284,217 320,774 304,774 105,203 88,463 97,313 90,649 313,133 322,236 314,821 353,815 93,517 99,753 29.4 ! 28.9 526,544 513,614 281 269 246 211 177 195 221 277 18 184 107 154 186 202 88 95 26.3 | 24.2 I 1 Data on locomotives in bad order for period 1916 to May, 1918, from Bureau of Railway Economics, from June, 1918, to February, 1920, from the U. S. Railroad Administration and since February, 1920, from the A merican Railway A ssociation; data on revenues and expenses, from the Interstate Commerce Commission, represent Class I roads, those having annual operating revenues in excess of $1,000,000; data on ton-mile and passenger-mile operation are from the Bureau of Railway Economics; Pullman passenger traffic furnished by The Pullman Co.; express earnings are reports of the American Railway Express Co. to the Interstate Commerce Commission, to which are added reports of the Southeastern Express Co. from the time of its organization in May, 1921. 2 Net railway operating income includes net operating revenue (equal to the difference between total operating revenue and total operating expenses) from which there have3 been deducted railway tax accruals, uncollectible railway revenues, equipment and joint facility rents. Fiscal year ending June 30, of year indicated. 4 These figures are from Interstate Commerce Commission reports. & Deficit. 138 DISTRIBUTION MOVEMENT. Table 92.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. From Government and non-Government sources.1 [Base year in bold-faced type.] THEATERS. YEAR AND MONTH. CANDY. Taxes on Sales by admis-2 manufacturers.3 sions. Relative to 1920. ADVERTISING. POSTAL RECEIPTS. Relative to 1919. Magazine.* Newspaper.s Relative to 1913. Relative to 1919. THEATERS. Taxes on admis-2 sions. 1918 monthly average.. 1919 monthly average.. 1920 monthly average.. 1921 monthly average.. 1922 monthly avergae . 80 100 95 94 116 122 110 154 188 121 129 74 75 6 94 100 95 100 Sales by manufacturers. 3 ADVERTISING. POSTAL, RECEIPTS. Thousands of dollars. Magazine.4 Newspaper.^ Thousands of agate lines. B.—NUMERICAL DATA. A.—INDEX NUMBERS. 1913 monthly average. 1914 monthly average. 1915 monthly average. 1916 monthly average. 1917 monthly average. CANDY. 73 75 $13,543 14,611 1,224 1,161 1,147 1,415 1,490 61,440 62,671 103 108 $5,408 7,247 6,892 5,603 a$37,411 39,670 27,707 30,538 17,066 18,380 20,688 20,759 22,878 1,344 1,890 2,305 1,480 1,573 61,067 83,859 95,832 86,661 90,792 73 100 114 77 70 77 100 113 113 124 January.. February. March April 108 109 102 93 69 68 74 109 104 124 112 120 129 135 137 101 89 109 107 7,121 7,803 7,864 7,416 27,525 26,872 29,320 20,013 19,115 22,723 20,593 1,462 1,580 1,655 1,680 85,107 74,974 91,503 89,966 May.... June July.... August. 99 102 80 82 65 62 57 50 106 107 95 105 140 129 103 90 115 104 87 85 7,152 7,368 5,823 5,930 25,980 24,767 22,516 19,992 19,504 19,752 17,509 19,289 1,713 1,574 ,1,257 1,105 96,516 86,970 73,203 71,177 September.. October November.. December.. 84 89 97 92 48 68 82 100 111 118 119 145 108 120 124 116 100 117 112 113 6,123 6,416 6,995 6,690 19,202 27,076 32,595 39,798 20.407 21,670 21,806 26,727 1,325 1,467 1,522 1,421 84,153 97,748 93,998 94,611 January.. February. March.... April 89 81 87 75 132 91 64 58 114 111 132 120 91 113 124 140 102 90 111 116 6,453 5,867 6,285 5,439 52,360 36,280 25,309 23,116 20,957 20,339 24,237 22,098 1,112 1,383 1,515 1,717 85,745 75,319 93,285 97,160 May.... June July.... August. 80 77 64 65 62 57 55 59 121 121 106 116 150 134 110 102 116 108 93 92 5,818 5,547 4,621 4,710 24,783 22,645 21,791 23,336 22,317 22,169 19,543 21,372 1,830 1,644 1,351 1,243 97,086 90,796 77,966 77,393 September.. October November.. December.. 66 74 76 94 63 86 86 110 124 135 135 159 121 156 153 148 105 126 120 120 4,789 5,396 5,485 6,825 24,897 34,255 33,990 43,693 22,764 24,777 24,812 29,150 1,485 1,907 1,877 1,817 87,904 105,637 100,616 100,601 136 114 141 24,935 1,399 1,730 1921. 1923. January.. February. March April i Internal revenue taxes on admissions to theaters, cabarets, etc., and candy sales from U. S. Treasury Department, Bureau of Internal Revenue; postal receipts in 50 selected cities from U.S. Post Office Department; magazine advertising as reported by Printers' Ink; newspaper advertising compiled by New York Evening Post. > Data represent internal revenue taxes collected under the revenue acts of 1918 and 1921. For taxes on theater and cabaret admissions the rate of tax under the act of 1921. (represented by data for 1922) i s " l cent for each 10 cents or fraction thereof of the amount paid for admission," payable by the person paying such admission, except'' where the amount paid for admission is 10 cents or less, no tax shall be paid." The act of 1918 provided for the same rate of taxation but allowed no exceptions and, nence, the data3 for 1922 are not quite as comprehensive as the earlier data. However, the variance is not such as will not allow comparison. Computed on the basis of a 5 per cent excise tax prior to January, 1922, and since January, 1922, on the basis of a 3 per cent tax (revenue act of 1918 superseded by revenue act of 1921). * These figures represent the number of lines of advertising carried by the leading magazines dated for the month noted. & Compiled from 22 identical cities: New York, Chicago, Philadelphia, Detroit, Cleveland, St. Louis, Boston, Baltimore, Los Angeles. Buffalo, San Francisco, Milwaukee, Washington, Cincinnati, New Orleans, Minneapolis, Indianapolis, Columbus, Louisville, St. Paul, Birmingham, and Houston. For the years 1916 to 1918, no reports were available for Boston, Louisville, Houston, and Columbus. The totals for those years were computed from the actual reports of the 18 otner cities, allowing 13.85 per cent of the total to the four missing cities, the average ratio of those cities to the total in the subsequent years. « Six months' average, July to December inclusive. 139 WHOLESALE TRADE. Table 93.—INDEX NUMBERS. Based on data from Government sources,1 [Base year in bold-faced type.] SALES BY FEDERAL RESERVE DISTRICTS. Philadelphia (No. 3). Richmond (No. 5). Kansas City (No. 10). Atlanta (No. 6). Dallas (No. 11). San Francisco (No. 12). YEAR AND MONTH. Gro- Hard- GroDry Hard- GroDry Hard- Gro- Hard- GroDry Hard- GroDry Hardceries. ceries. Goods. ware. ceries. Goods. ceries. ceries. ware. Goods. ware. ceries. Goods. Relative to 1920-1921. 1920-21 monthly a v e r a g e a . . . 100.0 100.0 1921 monthly average 89.1 88.3 1922 monthly average 85.1 89.4 100.0 100.0 100.0 89.4 82.7 83.8 89.1 79.7 82.0 100.0 100.0 100.0 90.0 84.5 102.4 92.4 80.9 100.2 100.0 100.0 98.7 99.3 100.8 99.0 100.0 100.0 100.0 84.1 72.7 86.4 73.1 77.1 100.0 100.0 100.0 59.8 88.2 92.6 64.4 97.1 95.5 1920. March. April.. 163.1 166.4 331.2 304.7 117.3 105.5 240.7 182.9 232.3 262.5 101.3 95.2 112.4 119.1 146.6 114.2 120.4 121.7 179.4 154.3 205.8 223.6 145.3 133.7 123.4 124.3 143.0 129.9 123.1 123.2 123.4 104.7 99.8 178.7 190.1 121.3 112.7 119.6 135.5 143.9 122.4 121.5 133.6 131.5 136.7 140.8 138.0 165.3 98.3 85.9 57.6 145.0 132.0 112.3 83.8 125.7 124.1 109.6 105.9 146.6 89.7 81.2 52.5 137.4 123.4 108.3 92.1 131.0 116.6 95.8 81.4 128.8 110.8 87.7 69.5 136.5 125.5 113.0 89.3 204.2 134.8 117.3 39.9 115.9 114.8 111.3 111.3 120.6 117.8 100.5 82.6 206.4 170.2 128.5 68.5 133.3 128.1 104.9 93.2 89.2 87.2 94.7 88.6 80.8 92.5 106.1 77.2 76.2 71.0 95.9 94.3 93.7 94.2 101.0 84.6 71.0 94.7 128.5 95.7 99.8 91.0 96.5 86.3 81.2 81.5 97.3 90.8 60.0 76.2 126.2 103.3 85.7 94.1 93.4 81.9 48.1 69.3 80.4 59.7 122.0 123.2 87.1 78.9 84.0 88.2 106.6 91.9 48.8 53.3 68.5 69.4 80.8 72.7 97.3 95.7 91.6 92.7 76.2 85.0 85.6 88.1 87.6 88.2 66.3 67.2 69.3 104.3 86.4 85.6 74.2 83.7 88.0 77.2 72.6 80.0 83.6 79.2 87.2 126.9 80.0 80.0 69.8 82.3 90.1 97.3 114.4 106.2 95.1 109.4 99.3 104.5 82.3 79.7 80.7 82.1 61.0 58.9 63.7 98.2 77.3 72.7 66.5 •78.7 94.2 90.5 101.4 91.4 57.3 56.9 48.5 62.6 89.7 96.6 83.5 89.3 85.8 94.7 91.2 79.9 89.7 92.5 82.2 82.6 94.8 96.9 90.8 81.3 112.8 104.2 69.2 42.8 92.3 97.1 82.8 65.8 84.7 85.2 76.8 75.4 169.9 145.8 91.0 55.3 95.6 110.4 98.8 90.0 114.8 116.2 105.7 88.6 117.3 119.1 98.6 82.1 90.0 93.1 75.4 70.6 111.2 112.4 69.6 39.8 73.2 89.2 88.1 80.0 94.3 100.9 90.6 76.9 78.1 71.3 59.5 43.9 94.7 94.0 85.7 78.1 January... February.. March April 74.3 76.7 76.5 87.1 78.4 66.2 64.8 79.9 67.0 70.5 58.1 77.8 83.1 67.7 67.6 80.0 68.9 69.8 79.1 102.3 88.8 86.0 75.4 87.9 80.3 84.0 86.2 102.7 92.2 57.9 67.8 102.6 98.9 68.9 73.3 82.3 74.6 54.6 65.4 65.1 59.9 62.4 60.4 68.0 69.2 88.8 76.2 92.2 81.5 50.7 48.4 59.8 54.0 76.1 72.0 70.7 62.1 62.2 90.9 97.6 May.... June July.... August. 83.0 90.6 81.4 88.0 101.6 94.0 81.1 89.8 88.3 88.9 86.8 92.7 62.4 68.3 74.5 108.0 86.3 82.8 79.1 86.7 80.5 79.5 75.5 87.5 85.0 81.1 101.6 138.2 83.0 79.6 76.0 99.8 100.1 109.5 95.4 102.6 110.1 116.7 102.6 106.5 78.9 81.4 76.3 83.2 60.6 59.0 75.5 111.7 71.6 70.3 70.1 81.8 92.5 102.6 100.5 95.2 57.7 58.6 60.3 81.2 105.6 113.8 99.5 105.2 September.. October November.. December.. 89.2 97.5 99.0 91.3 94.6 104.1 99.3 95.1 95.4 98.5 9a 1 89.3 110.3 102.9 89.5 62.2 95.2 94.7 92.8 77.3 86.8 94.8 94.4 87.4 135.2 137.8 110.8 72.4 105.1 117.0 109.4 109.0 111.3 118.6 111.1 95.6 110.5 110.8 100.9 102.9 102.0 107.7 93.6 84.4 105.9 103.8 74.4 41.5 99.3 102.5 92.2 77.8 103.3 118.5 109.3 85.1 86.7 80.3 82.4 52.6 106.2 108.0 103.4 92.9 May.... June July.... August. 113.1 121.6 117.1 233.4 September.. October November.. December.. 129.1 114.8 115.7 100.5 121.1 118.4 106.5 104.6 132.6 120.4 109.4 99.5 84.8 100.6 85.6 89.6 74.0 96.4 107.4 May.... June July.... August. 87.1 91.2 88.8 91.4 September.. October November.. December.. 1921. January... February.. March April 1922. 73.3 82.4 92.4 1923. January.. February.. March April 1 Index numbers calculated from data collected by Federal Reserve Banks of the respective districts showing percentage changes from month to month. The percentage changes reported by Federal Reserve Banks have been converted into index numbers showing the same corresponding percentage increase or decrease. 2 Twelve months' average, August, 1920, to July, 1921, inclusive. 140 RETAIL TRADE. Table M.—INDEX NUMBERS. Baaed on data front commercial and trade tourcea.1 [Base year in bald-faced type; numerioal data on opposite page.] MAIL-ORDER HOUSES. Total. 2 YEAH AND MONTH. Sears, Roebuck & Co. Montgomery Ward &Co. TEN-CENT STORES F.W. Woolworth Co. Total." s.s. Kresge Co. MISCELLANEOUS. J.C. Penney Co. United Cigar Stores Co. Owl Drug Co. American Wholesale Corp. 1OO 135 183 319 564 1OO 101 105 121 145 1OO 111 112 117 136 1OO 95 101 132 152 811 1,092 1,623 1,767 1,857 176 210 269 257 247 174 205 253 270 278 156 216 233 213 183 274 491 2,127 2,519 2,264 2,333 276 308 270 358 268 286 258 381 245 185 183 130 S.H. McCrory Kress & Stores Co. Corp. Relative to 1913. I9i.3 monthly average . l'J14 monthly average . . .. 1915 monthly average 1916 monthly average 1^17 monthly average 1OO 106 118 154 187 1OO 103 124 156 199 208 270 266 186 191 201 267 278 191 233 204 253 321 241 248 262 329 304 231 199 272 240 173 196 176 244 252 203 206 173 165 223 195 160 154 159 139 133 134 159 157 100 105 120 154 186 203 1918 monthly average 1919 monthly average 1920 monthly average 1921 monthly average 1922 monthly average 264 264 188 204 1920. September October N o v em ber 'December 217 255 268 259 1OO 1OO 107 105 120 115 141 131 161 148 182 162 208 180 246 213 258 223 293 253 260 225 452 390 179 151 193 166 253 214 233 199 161 206 131 166 233 203 229 195 1OO 1OO 121 158 199 227 1OO 91 104 126 146 274 322 387 421 492 178 213 266 264 317 364 410 421 708 255 271 272 508 291 314 420 398 201 210 263 245 197 206 276 241 1,255 1,243 1,698 1,696 242 232 260 263 264 249 266 258 237 198 219 165 383 384 370 390 222 222 233 249 244 251 231 244 1,732 1,745 1,497 1,526 256 251 254 250 249 263 273 271 151 160 238 286 1,940 2,422 2,220 2,245 253 271 260 290 261 331 313 253 198 134 199 110 115 140 164 196 234 269 268 284 258 295 1921. 189 January February March April May July August Sentember October November December -... 225 195 242 211 188 186 205 218 192 230 236 222 296 261 389 470 238 274 211 203 229 273 237 461 268 217 214 224 503 438 786 540 239 304 266 530 175 178 169 197 172 161 156 175 210 183 211 198 243 247 215 196 185 222 281 244 326 341 406 471 216 235 270 308 182 204 238 267 984 1,089 1,433 1,792 244 246 236 265 254 194 182 193 270 233 174 137 261 265 225 154 154 154 153 168 263 272 228 157 444 448 444 464 276 271 287 304 280 279 251 248 1,849 1,813 1,455 1,556 253 241 247 246 261 274 275 289 128 135 254 225 308 319 352 660 257 497 491 545 571 952 2,160 2,696 2,599 2,862 260 246 244 340 274 335 252 370 202 237 202 136 200 446 245 309 1922. January February March April . .... Mav Jiipe July August Sentember October November December • .... 235 190 180 214 2S4 245 268 250 311 326 286 277 287 254 332 351 318 582 269 261 243 238 256 311 288 610 194 244 , 229 132 163 154 1923. 311 1 i \pril ! 1 See footnotes on opposite page. 141 RETAIL TRADE. Table 95.—NUMERICAL DATA. From commercial and trade sources.1 [Base year in bold-faced type; index numbers on opposite page.] MAIL-ORDER HOUSES. YEAR AND MONTH. Total.2 Sears, Roebuck & Co. MISCELLANEOUS. TEN-CENT STORES. Montgomery Ward & Co. Totals F. W. Woolworth Co. s. s. Kresge Co. McCrory Stores Corp. S. H. Kress «! Co. J. C. Penney Co. United Cigar Stores Co. Owl Drug Co. American Wholesale Corp. Thousands of dollars. 1913 mo. 1914 mo. 1915 mo. 1916 mo. 1917 mo. av. av. av. av. av. $11,275 11,847 13, 498 17,407 20,982 $7,965 8,427 9,389 12,237 14,856 $3,310 3,420 4,113 5,17S 6,592 $7,972 8,544 9,582 11,278 12,806 $5,519 5,801 6,333 7,257 8,174 $1,105 1,341 1,745 2,200 2,508 $450 411 468 566 655 $898 991 1,036 1,255 1,469 $220 297 402 701 1,240 $2,465 2,492 2,587 2,985 3,576 $325 360 364 381 443 $1,366 1,303 1,380 1,807 2,071 1918 1919 1920 1921 1922 av. av. av. av. av. 22,891 29,772 30,233 21,206 22,969 16,544 21,494 21,217 14,834 15,180 6,664 8,838 9,192 6,330 7,706 14, 520 16,575 19,623 20,558 23,356 8,931 9,958 11,741 12,302 13,942 3,026 3,556 4,270 4,656 5,433 800 957 1,197 1,187 1,427 1,763 2,104 2,415 2,409 2,554 1,778 2,398 3,569 3,887 4,086 4,336 5,172 6,637 6,339 6,079 566 667 823 879 902 2,130 2,944 3,188 2,905 2,502 1920. September.. October November.. December... 24,490 28,801 30,161 29,227 16,276 20,113 25,556 19,177 8.214 8,688 10,890 10,050 18,444 21,645 20,763 36,037 10,957 13,242 12,428 21,522 4,024 4,532 4,652 7,824 1,147 1,219 1,224 2,283 2,316 2,652 2,459 4,408 4,673 5,536 4,976 5,127 6,807 7,591 6,654 8,816 872 929 839 1,239 3,345 2,528 2,495 1,773 1921. January February... March April 21,320 19,465 27,502 22,839 15,598 14,003 20,106 16,375 5,721 5,462 7,396 6,464 14,227 15,405 20,133 18,589 8,336 9,138 11,831 10,963 3,215 3,468 4,642 4,392 903 946 1,185 1,102 1,773 1,850 2,475 2,160 2,759 2,732 3,732 3,726 5,969 5,713 6,413 6,494 859 810 864 837 3,240 2,702 2,987 2,255 May June July August.. 18,060 17,900 15,005 17,960 12,239 11,094 10,676 12,477 5,321 6,806 4,329 5,483 18,572 18,272 17,956 19,273 11,203 10,741 10,744 11,641 4,232 4,245 4,087 4,311 1,001 999 1,048 1,122 2,110 2,255 2,077 2,191 3,806 3,835 3,290 3,354 6,309 6,186 6,263 6,160 810 855 2,057 2,183 3,250 3,912 September. October November. December.. 21,163 24,982 23,767 24,506 14,800 17,378 16,186 17,081 6,363 7,604 7,581 7,425 18,842 23,564 21,796 40,062 11,325 14,408 13,107 24,191 4,300 5,190 5,098 1,069 1,235 1,206 2,430 2,148 2,731 2,385 4,755 4,263 5,323 4,883 4,938 6,231 6,691 6,029 7,613 846 943 849 1,108 4,276 3,461 2,700 1,831 1922. January February... March April 19,782 18,198 23,832 22,071 14,188 12,413 15,801 14,713 5,594 5,785 8,031 7,358 15,720 16,749 19,677 22,429 9,517 10,095 11,847 13,439 3,598 3,763 4,481 5,208 970 1,056 1,215 1,386 1,632 1,835 2,134 2,396 2,165 2,395 3,153 3,943 4,898 4,794 6,013 6,012 798 766 860 825 3,133 1,806 2,226 2,107 May June July August.. 21,855 19,565 17,355 17,709 14,478 10,910 12,245 12,156 6,377 8,655 5,110 5,553 21,540 21,104 21,001 21,676 12,884 12,432 12,557 12,960 4,903 4,945 4,901 5,122 1,242 1,219 1,293 1,369 2,511 2,508 2,250 2,225 4,067 3,988 3,202 3,424 6,226 5,932 6,100 6,064 938 1,750 1,848 3,468 3,073 September. October.... November. December.. 21,464 30,222 31,201 32,379 14,375 19,933 20,197 20,756 7,089 10,289 11,004 11,623 22,620 26,026 25,314 46,415 13,507 15,774 14,834 27,455 5,423 6,019 6,313 10,515 1,386 1,436 1,585 2,968 2,304 2,797 2,582 5,477 4,753 5,932 5,717 6,297 6,421 6,074 6,025 8,385 891 1,089 820 1,203 2,764 3,234 2,763 1,856 27,407 18,930 8,477 11,049 4,929 mo. mo. mo. mo. mo. 1923. January February... March April 4.249 1 This table is submitted in response to a demand for publication of thefiguresof sales of individual stores, which have been compiled from published reports. These figures represent money values of sales. On account of the tremendous increase in J. C. Penney Co. sales, this store is not included in our total of 10-cent store sales. Data on American Wholesale Corporation placed here for convenience. Mail-order and chain store sales are reported directly by the companies or compiled from the Commercial and Financial Chronicle. Sales of American Wholesale Corporation are placed here for convenience. »Includes Sears, Roebuck & Co. and Montgomery Ward & Co. * Includes F. W. Wool worth & Co., S. S. Kresge Co., McCrory, and S. H. Kress & Co. 142 RETAIL SALES. Table 96.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type.] DEPARTMENT STORES CHAIN STORES. MAIL- ; Total ORDER for 8 ; HOUS-i Five dis- | E S Grocery and Shoe Music San ten Drug Cgar tricts, (4 (5 (4 (17 Fran- weights (4 | houses). chains). chains). chains). chains). chains). cisco chains). ed (176 (18 stores). stores). 1 Federal Reserve Districts. YEAB AND MONTH. 3 New Phila- RichMinneAtBoston York delphia m o n d lanta apolis 3 Dallas (16 (24 (19 (63 (17 (9 (10 stores). stores). stores). stores). stores). stores). stores). Relative to 1919. 1919 mo. 1920 mo. 1921 mo. 1922mo. av... av... av... av... 1920. May June Julv August September October November December 100 116 115 118 100 118 113 117 1OO 119 117 121 1OO 113 106 101 100 121 124 125 88 87 129 121 88 78 129 115 98 97 111 118 88 85 131 108 102 135 142 184 106 134 139 169 101 129 136 188 109 109 88 126 92 84 118 93 121 106 88 118 119 115 125 118 113 121 112 78 124 134 178 1921. Januarv February March . . . April 109 87 May July Yugust 83 September October November December 98 129 125 189 100 1OO 103 143 72 124 79 92 121 114 104 121 124 118 92 91 109 116 117 148 118 116 138 128 139 121 179 188 107 132 136 181 93 107 88 95 U3 90 70 97 110 108 101 106 121 107 106 113 112 94 77 74 90 77 76 73 92 138 130 187 91 139 136 171 97 84 108 118 97 88 112 132 106 103 98, 103 85 71 68 73 80 91 89 i 118 t 114 93 103 97 112 91 99 143 142 191 90 80 84 86 120 124 117 115 178 165 100 113 114 99 92 122 100 120 117 122 3 1OO 117 110 109 1OO 108 94 88 120 99 91 117 91 ; 100 121 118 115 1OO 136 ISO 147 92 128 94 124 137 120 85 111 120 129 92 102 1OO 1OO 119 133 122 132 141 100 118 124 140 127 127 90 152 113 116 87 149 109 117 81 157 112 80 142 no 86 101 91 142 112 119 137 112 119 104 142 130 123 151 143 127 126 139 126 114 134 135 132 98 137 215 150 181 155 179 i 69 125 86 117 120 86 79 65 119 93 111 117 83 78 116 102 87 116 95 128 121 124 132 141 82 96 109 112 78 121 112 122 135 140 75 93 103 116 111 60 118 112 119 130 137 65 96 95 107 109 62 116 110 121 128 128 60 77 81 69 96 80 49 114 108 122 129 101 56 69 118 83 56 121 116 120 128 87 72 93 128 121 176 1 2 128 103 82 90 100 96 128 91 109 113 125 103 116 160 184 i ! 118 113 119 135 142 124 138 135 99 133 134 115 125 119 107 144 242 146 173 150 173 I 83 1 80 i 65 135 95 117 111 80 72 59 127 101 115 109 81 75 144 118 123 124 102 81 77 137 135 120 125 156 79 81 1922. 100 February March April 84 110 125 i ! May ' June Julv ; \ugust | September ! October ; November i December ! 123 117 126 122 113 109 82 77 78 87 122 ; io6 ! 145 ; 141 205 107 144 147 186 87 115 134 134 198 i 1 76 75 72 77 94 86 100 122 : 185 74 100 72 85 91 110 86 109 87 80 102 112 90 96 135 114 70 136 130 123 129 127 88 74 79 86 64 66 112 106 69 132 125 124 106 122 81 98 78 58 134 126 126 127 101 83 123 85 57 136 130 128 127 87 99 99 113 104 138 103 131 127 188 69 60 74 92 85 : 102 | 97 1 142 104 132 149 204 84 ; 76 138 136 128 135 118 118 110 146 157 133 127 121 119 113 159 152 122 127 122 121 109 166 279 161 179 165 204 | i 1923. January I March \pril 1 ! ! ; i i i i Compiled by the Federal Resent Board, Dirision of Analysis and Restarch. Index numbers are based upon dollar values. * With the exception of the 4 music chains which operate only locally througji the West. these data include the larger individual chain-store systems, which in the aggregate cover practically the entire country. Approximately 10,000 unit stores are represented by the 16 grocery chains: 1.665 unit stores bv the 4 five and ten cent chains; 352 unitstores by the 7 drug store chains: 2*. 250 unit stores by the 3 cigar chains: 210 unit stores by the 5 shoe chains: and 50 unit stores by the 4 music chains. »In calculating bases estimates are made for sales of stores in the Minneapolis and Dallas districts for the months of 1919 for which there are no reports. 143 DEPARTMENT STORE STOCKS. Table 97.—INDEX NUMBERS. Based on data front Government sources,1 [Base year in bold-faced type.] VALUE OF STOCKS AT END OF MONTH, BY FEDERAL RESERVE DISTRICTS. Y E A R AND MONTH. Boston New York Richmond Atlanta Minneapolis Index for United States Dallas (24 stores). (64 stores). (19 stores). (9 stores). (10 stores). 1919 monthly 1920 monthly 1921 monthly 1922 monthly average.. average.. average.. average.. (160 stores).' 100.0 126.0 107.2 107.6 100.0 135.5 114.1 115.2 100.0 133.6 105.4 109.2 100.0 132. 9 115.2 115.6 100.0 122.3 99.1 97.3 100.0 146.4 117.7 113.2 100.0 129.4 114.0 115.4 100.0 132.4 111.2 112.5 January.. February. March.... April 107.9 115.3 126.6 134.0 116.8 128.0 142.8 145.1 111.1 125.3 149.4 143.0 115.4 125.7 130.9 131.9 109.8 121.5 128.2 133.0 109.8 122.3 132.. 8 136. 2 111.7 125.1 137.3 141.4 112.9 124.2 137.2 139.6 May.... June July.... August. 130.7 123.4 119.0 123.9 137.2 131.0 130.2 138.0 139.8 131.6 130.8 135.0 132.7 125.3 130.6 138.2 130.8 124.8 119.5 126.4 149.3 138.0 155.4 175.1 137.2 128.3 126.8 128.9 136.4 128.9 129.1 136.0 September^ October November.. December.. 136.4 140.9 140.1 113.6 148.7 149.9 143.0 114.7 149.2 149.2 137.4 101.8 155.3 155.6 144.5 108.4 128.4 128.4 123.7 92.5 188.0 182.2 163.6 103.6 133.3 138.7 136.3 108.1 146.8 148.2 141.1 108.9 January.. February. March April 98.2 99.8 106.3 109.3 101.4 106.4 114.4 117.5 87.1 95.4 103.4 106.5 104.6 110.4 115.4 117.7 92.5 94.9 100.9 100.1 95.8 102.6 110.1 110.8 100.8 104.3 109.4 114.4 98.4 103.1 109.9 112.7 May.... June July.... August. 107.1 102.7 100.1 101.4 115.4 109.2 105.1 110.6 104.3 99.7 97.7 104.3 112.6 107.6 107.8 112.5 99.8 95.2 94.4 100.5 117.9 115.2 111.8 129.0 111.9 108.4 109.7 117.8 111.0 106.1 104.0 110.1 September.. October November.. December.. 111.6 118.9 125.1 106.2 122.4 127.6 130.0 109.0 121.4 124.5 124.0 96.8 126.7 132.1 130.6 104.9 105.0 106.7 106.2 92.5 137.3 138.3 139.2 104.3 126.6 127.5 129.4 107.6 121.3 125.5 127.3 104.9 January.. February. March.... April 99.1 103.2 110.3 111.6 105.1 108.5 120.7 121.6 90.8 102.4 111.7 110.6 108.1 112.7 120.2 120.8 92.7 93.3 102.4 101.3 101.8 113.5 126.9 117.7 108.4 113.3 120.7 122.6 102.1 107.2 117.0 116.9 May.... June July August. 110.4 105.7 103.3 103.6 116. 5 110.4 104.5 109.1 107.0 103.7 99.8 105.0 115. 4 107.9 108.8 114.0 100.9 95.8 90.9 94.4 114.7 105.3 103.4 113.4 119.1 108.9 109.3 113.4 113.3 106.9 103.7 108.0 September. October.... November.. December.. 115.4 123.4 128.4 77.1 120.2 124.5 131.4 110.4 119.5 130.3 126.0 103.2 123.7 125.5 128.0 102.4 99.5 102.5 103.9 119.9 123.2 122.0 96.5 119.3 121.5 125.1 106.0 118.0 130.1 126.3 100.4 1930. 1921. 1922. 1923. January.. February. March April 1 Data compiled by the Federal Reserve Board, Division of Analysis and Research, and are based upon dollar amounts as reported to the Board. 2 Weighted index based upon the number of employees in retail stores as shown by the latest available census data. For details see Federal Reserve Bulletin for February, 1923. 144 EMPLOYMENT AGENCY OPERATIONS. Table 98.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] JOBS REGISTERED. WORKERS REGISTERED. Y E A B AND MONTH. East- Cen- South- Western tral ern ern Total. States. States. States. States. East- Cen- South- WestTotal. em ern tral ern States. States. States. States. Total. WORKERS PLACED. East- Cen- South- Western tral ern ern States. States. States. States. Appll| cants job. Relative to G months' average, July-December, 1921. i 6 months' average, 1921.. 1922 monthly average... 1921. Julv . . . August September October November December 1922. January.. February March April ... 100 109 1OO 1OO 1OO 1OO 115 106 114 115 | | 1OO 1OO 1OO 1OO 1OO 1OO 1OO 1OO 143 171 149 157 153 140 157 154 1OO 162 1OO 159 97 109 »94 •100 «94 95 101 »97 ^94 «84 95 98 '97 •87 •90 102 100 •104 93 99 101 97 »106 101 98 101 95 »103 99 104 101 101 105 «96 104 122 112 115 « 105 101 128 114 109 < 105 117 137 90 109 104 110 94 122 120 105 119 145 131 108 106 116 109 91 91 97 97 101 85 85 92 98 94 84 83 98 103 98 93 105 94 85 96 124 79 • 79 84 78 76 76 85 90 81 98 91 i 86 70 81 85 116 9S 95 85 95 131 99 93 85 85 100 115 87 103 79 106 110 76 85 j 119 86 55 92 76 108 102 98 102 85 119 115 112 117 99 102 119 125 120 114 . 111 129 134 127 133 81 129 105 109 106 113 93 138 139 149 142 115 128 124 Y.4 144 113 165 215 146 164 ! 177 157 195 159 167 166 245 279 192 202 160 218 253 202 60 130 I 1S7 114 136 111 186 June Julv August 128 ! 119 128 180 115 216 ! ! 118 123 115 ! 112 120 104 77 97 ; 70 110 114 153 182 159 193 153 195 169 1 145 174 168 187 65 112 107 137 192 153 21S 13S 201 ISO ! 146 191 145 206 60 102 117 143 205 1S7 206 173 236 190 166 182 167 112 125 136 212 1SS 230 191 212 199 173 19$ 1871 56 103 117 93 161 147 1>2 146 140 159 142 170 158* 243 235 155 70 93 69 123 131 134 121 90 122 133 127 127 99 63 m 123 129 108 99 1923. March April 73 102 May. . September October. November December i 1OO See footnotes on opposite page. 54 64 145 EMPLOYMENT AGENCY OPERATIONS. Table 99.—NUMERICAL DATA. Data from Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] WORKERS REGISTERED. YEAE AND MONTH. Total. JOBS REGISTERED. East- Cen- South- Western tral ern ern Total. States. States. States. States. WORKERS PLACED. East- Cen- South- Westtral ern ern ern Total. States. States. States. States. East- Cen- South- Westtral ern States. States. States. States. Applicants per job. Number. 6 months' average, 1921.. 202,132 1922 monthly average... 220,774 39,299 45,314 24,068 27,660 116,866 186,283 29,967 53,068 42,799 91,000 8,599 25,232 12,817 39,675 94,478 144,936 23,941 43,072 33,479 67,500 6,835 20,630 10,494 33,462 1.73 1.26 1921. July August.. September 42,913 116,713 H4,028 «22,652 39,149 3130,234 13,062 23,923 41,215 4119,919 14,559 29,247 111,353 118,415 131,359 30,353 3 51,694 28,935 3 56,213 34,446 « 55,874 6 8,080 "21,226 8,646 24,621 8,680 32,359 89,600 95,427 107,354 23,464 41,745 6 5,924 •18,467 22,707 44,531 6,760 21,429 26,029 « 45,091 7,969 28,265 .76 .74 .56 12,446 32,975 7,237 21,020 6,505 19,192 101,662 92,696 80,128 25,341 49,986 7,460 18,875 24,568 42,250 6,667 19,211 21,537 34,828 , 6,230 17,533 .57 ..81 2.06 6,524 26,971 7,257 16,614 9,084 26,524 9,854 23,219 1.72 1.91 1.67 1.32 196,306 206,368 | 204,940 124,700 131,828 14,066 15,972 October November. December.. 220,052 195,322 189,806 40,942 38,137 33,437 136,597 13,240 29,273 124,780 12,022 20,383 119,958 17,483 18,928 139,953 107,802 92,315 31,412 63,120 29,407 50,138 25,247 41,371 1922. January February , March April 172,838 206,405 231,981 213,167 21,515 38,465 47,040 42,829 114,492 127,344 146,298 132,202 10,744 11,971 13,988 15,869 26,087 28,625 24,655 22,267 100,599 108,163 139,055 161,768 21,022 43,004 7,301 25,379 45,139 8,630 37,445 63,776 9,840 41,673 78,938 12,247 29,272 29,015 27,994 28,910 92,924 82,513 122,227 120,763 22,821 24,616 34,026 31,979 54,640 29,684 58,006 May June July August.. 262,025 259,451 238,186 233 140 73,396 46,708 48,256 45,257 142,727 159,799 137,062 139,874 19,131 25,281 16,081 15,053 26,771 27,665 36,787 32,954 217,382 252,106 212,581 224,235 49,365 49,813 47,536 45,757 114,100 129,878 102,672 115,930 12,552 23,984 13,179 11,872 41,365 48,431 49,187 50,774 166,757 191,301 159,884 169,711 37,544 38,323 34,804 35,033 83,813 10,879 34,521 94,Q80 17,298 41,600 74,950 11,453 38,672 82,323 9,941 42,412 1.21 1.03 1.12 1.04 September. October.... November. December.. 225,896 241,155 209,490 155,559 48,399 126,649 50,516 140,233 42,587 128,033 38,806 87,227 16,406 17,597 16,517 13,023 34,442 32,810 22,353 16,503 239.751 248,164 188,323 143,265 56,014 56,319 44,040 39,222 109,190 121,864 96,515 70,993 14,872 16,406 12,537 10,378 59,673 53,574 35,231 22,672 179,644 39,749 187,949 | 41,433 149,962 31,033 115,595 31,729 78,250 11,435 50,206 85,348 12,762 48,406 73,238 10,773 31,918 54,719 8,666 20,481 .94 .97 1.11 1.09 1923. January February March April 1 Compiled from weekly reports to the U. S. Department of Labor, Employment Service, by state and municipal employment agencies. Eastern states included in the report are Connecticut, District of Columbia, Massachusetts, New Jersey, New York, and Rhode Island (Delaware, Maryland, and Pennsylvania, now reporting, are excluded to show true comparison). Central states are Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota. Ohio, South Dakota, and Wisconsin. Southern states include Alabama, Arkansas, Georgia, Kentucky, North Carolina, Oklahoma, Texas, and Virginia. Western states include Arizona, California, Colorado, Idaho, Oregon, and Washington; Montana is included beginning with March, its figures being so small as not to affect the total. a One week in July estimated for South Dakota. 6 First two weeks in July estimated for Arkansas. a One week in August estimated for Iowa and Michigan. »First two weeks in July estimated for Washington. « Month of September for South Dakota and one week for Iowa estimated. 29011°—23 10 146 LABOR. Table 100.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type.] NEW YORK STATE FACTORIES.* Y E A R AND MONTH. Number of e m ployees. Total pay roll. Relative to 1914. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average.. average.. average.. average.. average.. 100 103 121 126 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly average.. average.. average.. average.. average.. 128 120 124 97 105 WISCONSIN FACTORIES. Number of employees. Average Total weekly pay roll. earnings. Relative to 1915 (first quarter). RAILWAY EMPLOYMENT. UNEMPLOYMENT. Number Total of em- compenployees. sation. Pennsylvania. Relative to 1916. Relative to Apr .-Dec. average. 1OO 166 105 128 136 210 140 258 227 136 284 281 135 342 201 94 191 211 107 123 121 114 106 284 281 263 241 100 100 107 112 106 125 146 1OO 105 1OO 118 112 116 122 101 178 194 249 191 210 186 209 254 202 196 138 131 122 113 361 344 306 270 262 263 251 239 131 130 126 120 217 214 218 208 100.0 101.6 98.6 93.1 222.0 218.0 213.3 200.6 222.0 214.0 216.4 215.5 110 102 97 94 141 160 198 «1OO 64 IMMIGRATION.* EMIGRATIONS Relative to 1913. 1OO 98 30 26 25 1OO 104 63 39 24 15 17 44 49 37 32 35 70 68 40 87 75 78 64 79 67 82 63 57 62 60 58 58 51 64 69 49 39 41 59 80 74 75 1920. September.. October November.. December.. 1921. January.., February., March April 6206 6 191 June July.... August. 95 93 93 201 196 189 190 91.5 88.6 89.4 92.0 191.6 177.0 166.8 185.5 209.4 199.7 186.7 201.6 96 96 99 102 175 186 91 88 100 112 September.. October November.. December.. 96 99 99 99 194 195 193 198 93.5 94.4 93.9 94.5 179.6 181.6 176.5 179.2 192.0 192.4 188.0 189.7 104 106 105 99 183 194 184 176 107 105 105 102 38 26 90 76 58 67 January... February.. March April 97 100 101 100 191 195 200 194 95.6 96.5 99.5 101.9 167.9 184.5 186.7 193.1 175.6 191.2 187.6 189.5 94 94 95 96 168 159 177 166 122 119 117 106 19 15 21 25 31 28 31 49 May.... June July.... August. 101 103 103 105 200 205 204 212 104.7 109.5 107.3 108.6 206.3 219.3 199.9 216.7 197.2 200.4 186.3 199.5 99 102 89 97 177 182 158 184 82 63 47 38 31 30 45 46 45 53 60 38 September.. October November.. December.. 107 110 113 115 221 227 237 243 110.1 111.1 116.4 120.1 220.6 229.2 247.1 251.3 200.3 206.3 212.3 209.3 104 110 111 195 209 204 31 21 14 11 56 60 56 37 34 35 34 37 1922. 1923. January.. February. March April See footnotes on opposite page. 147 LABOR. Table 101.—NUMERICAL DATA. Based on data from Government sources.1 [Base year in bold-faced type.] NEW YORK STATE FACTORIES.a YEAR AND MONTH. Number Total pay of emroll. ployees. Thousands. Thousands of dollars. RAILWAY EMPLOYMENT. UNEMPLOYMENT. Number of employees. Total compensation. Pennsylvania. Thousands. Thousands of dollars. Number unemployed. 1913 m o n t h l y average.. 478 494 579 604 $5,942 614 573 594 464 500 12,524 588 16,884 577 16,681 545 15,655 506 14,330 January... February. March April 467 12,894 476 12,734 480 12,955 471 12,335 May.... June July.... August. 461 11,929 453 11,641 444 11,219 443 11,280 1,576 1,586 1,635 1,680 461 11,550 1,718 223,973 472 11,571 1,754 237,603 471 11,465 1,732 225,304 471 11,744 1,637 214,921 January... February.. March April , 464 11,330 1,552 205,179 478 11,563 1;545 194,523 484 11,901 1,570 216,704 478 11,546 1,578 203,413 May.... June July.... August. 482 11,857 490 12,199 1,628 1,685 1, 468 1,594 1914 m o n t h l y average.. 1915 m o n t h l y average.. 1916 m o n t h l y average.. 1917 m o n t h l y average.. 1918 m o n t h l y average.. 1919 m o n t h l y average.. 1920 m o n t h l y average.. 1921 m o n t h l y average.. 1922 monthly average.. 6,377 8,366 1,647 $132,381 9,892 1,733 144,957 12,481 1,842 217,818 13,490 1,913 236,927 16,711 2,013 305,212 11,943 1,661 233,408 » 263,027 169,577 IMMIGRATION.* EMIGRATION.4 Number. 118,936 116,923 36,187 30,562 30,240 50,994 17,654 19,752 51,798 57,804 43,641 16,106 52,817 32,015 20,067 12,198 18,019 35,672 34,463 20,192 1920. September. October November.. December.. 2,165 2.136 2,068 1,976 94,852 103,269 89,224 93,233 32,506 29,447 233,645 75,384 67,483 74,147 70,780 238,625 232,520 263,000 294,985 82,648 57,803 46,367 48,707 282,125 276,675 276,345 269,322 48,814 45,975 44,648 30,897 45,752 38,956 29,646 34,130 321,893 313,835 308,540 278,850 22,633 17,643 24,539 29,166 15,585 14,423 15,696 24,962 215,410 167,405 124,665 99,210 36,880 36,236 53,242 55,033 23,147 26,944 30,834 19,499 82,790 56,052 37,880 28,398 67,016 71,192 66,130 43,984 17,261 17,847 17,279 18,830 e 327,536 40,047 34,386 41,935 1921. September. October November.. December.. 1,805 1,677 1,593 1, 543 e 252,442 e 233,228 214,339 227,746 29,562 26,236 32,700 30,029 40,950 37,791 38,352 1922. September. October November.. December.. 490 12,136 501 12,580 216,672 222,933 193,571 224,977 511 13,145 1,709 238,735 528 13,514 14,061 14,460 1,804 255,514 1,820 249,287 540 548 1923. January.. February.. March April 22,333 1 Except railway employment from the Bureau o] Railway Economics, data on New York State factories furnished by the New York Department of Labor; Wisconsin factories by the Wisconsin Industrial Commission; Unemployment in Pennsylvania, estimated as of the first of the month on the basis of reliable statistics, by the Pennsylvania Department of Labor and Industry. Bureau of Emvtoyrnent; Immigration and emigration statistics from U. S. Department of Labor, Bureau of Immigration. 2 Figures represent reports from 1,648 firms in New York State employing more than one-third of the factory workers of the state. The 1914 average upon which the index numbers are calculated is an average of the 7 months, June to December, 1914, inclusive. As originally published by the New York Department of Labor, the index numbers are based on June, 1919, and have been recalculated to the 7-month average. 3 Includes total admitted, both immigrants and nonimmigrants. 4 Includes total departed, both emigrants and nonemigrants. 6 Nine months' average, April to December. 6 Average for the quarter beginning with the month for which figures are shown. 148 COST OF LIVING. Table 102.—INDEX OTJMBERS. Based on data from Government and non-Government sources, [Base year in bold-faced type.] YEAR AND MONTH. ALL H E L - CLOTH- FAUNEDL S U N FOOD. STER. ING. LIGHT. D R I E S . I T E M S . FOOD. Compiled by the National Industrial Conference Board. 1 1916, December .. 1917 Julv 1917, December 100 1OO 100 100 100 1OO 100 100 103 102 100 101 111 102 120 104 104 109 146 105 143 126 117 131 118 185 138 152 FUEL AND LIGHT. FURNITURE AND MISHOUSE CELLA- TOTAL. FURNEOUS. NISHINGS. Compiled by the U.S. Department of Labor.2 100.0 100.0 100.0 105.0 101.0 100.0 101.0 105.0 104.7 101.5 126.0 120.0 157.0 187.0 100.0 1914, July 1914, December.. . 1915, July 1915, December 1916 Julv CLOTH- HOUSING. ING. 100.0 100.0 100.0 104.0 103.0 103.0 101.0 110.6 107.4 105.1 102.3 108.4 127.8 113.3 118.2 149.1 205.3 100.1 109.2 124.1 147.9 150.6 213.6 140.5 165.8 142.4 174.4 195.5 241.6 119.8 151.2 244.3 181.7 188.3 198.5 223.0 143.0 183.4 289.6 204.8 208.5 149.3 199.7 160.0 181.1 230.1 207.8 177.3 141.5 172.7 161.2 180.1 205.1 201.6 167.3 159 1918, average for 2 months.. 1919, av. 2mos. (June, Dec.)- 173 1919, average 3 months 1920, monthly average 1920, av. 2mos. (June, Dec.). 1921, monthly average 1921, av. 3 mos. (May, Sept., Dec) 1922, monthly average 186 205 129 154 205 261 144 168 164 185 172 198 156 169 166 183 184 167 142 166 155 179 173 157 1921. January February March April . 178 172 158 156 166 166 171 171 187 174 174 169 200 198 187 179 192 190 185 185 181 176 169 168 May June . July August. 152 145 144 148 171 171 169 169 168 162 164 159 178 178 179 179 185 185 185 183 166 162 163 162 144.7 222.6 159.0 181.6 247.7 208.8 180.4 SfiptfiTnhftr 155 153 153 152 169 169 169 169 157 160 161 157 179 179 179 179 183 180 178 178 165 164 163 163 153.1 192.1 160.0 180.7 224.7 207.8 177.3 150.0 184.4 161.0 181.1 218.0 206.8 174.3 January.. February March.... April 150 142 139 139 169 169 165 165 156 156 154 155 178 177 174 174 178 177 174 174 161 158 155 155 138.7 175.5 160.9 175.8 206.5 203.3 166.9 May June July August 139 141 142 139 165 165 165 165 156 153 154 153 174 174 174 181 174 174 172 172 155 155 156 155 141.0 172.3 160.9 174.4 202.9 201.5 166.6 September.. October November . . December. 140 143 145 147 165 165 167 167 155 157 160 156 187 187 186 187 172 172 171 171 156 157 158 159 139.8 171.3 161.1 183.8 202.9 201.1 166.3 146.6 171.5 161.9 186.4 208.2 200.5 169.5 October November.... December 1923. 1 Index numbers represent retail prices on the first day of the month, except food, which is the retail food index of the U. S. Bureau of Labor Statistics for the 15th of the preceding month. Beginning with March, 1922, all prices shown are as of the 15th of the month indicated. The index is weighted according to the estimated consumption ofaverage wage earners before the war, on the following basis: Food 43.1 per cent, shelter 17.7 per cent, clothing 13.2 per cent, fuel and light 5.6 per cent, sundries 20.4 per cent. 2 Index numbers represent averages for the month in 32 cities; food prices reported by 15 to 25 dealers in each city, fuel and light by 10 to 15 firms, including public utilities, in each city; other quotations secured directly from records. Rentals are based on 250 to 950 houses and apartments in each city, and for each item of clothing, furniture, and miscellaneous, four quotations are secured in each city (five in New York City). 149 PRICES. Table 103.—INDEX NUMBERS. Based on data from Government sources*1 [Base year in bold-faced type.] 1 WHOLESALE PRICE INDEX NUMBERS (Revised).* (Compiled by U. S. Department of Labor.) Farm products. YEAX AND MONTH. Food, etc. Fuel Cloths and and clothing. lighting. Metal and metal products. FARM PRICES.* RETAIL FOOD House Building Chemi- furnishcom- PRICES.3 Miscel- All mate- cals and laneous. modidrugs. rials. ties. goods. Crops. Live stock. Relative to 1913. 1913 mo. av 1914 mo. av 1915 mo av 1916 mo. av 1917 mo. av 1918 mo. av 1919 mo. av 1920 mo. av 1921 mo. av 1922 mo. av 100 . . .. . .. 100 104 105 98 88 99 94 134 100 95 101 101 110 123 121 127 126 162 120 181 106 121 127 114 124 100 103 95 111 103 102 1OO 1OO 1OO 1OO 1OO 1OO 1OO 98 93 85 92 101 100 95 100 98 1OO 1OO 102 108 190 167 175 169 231 157 202 125 148 177 146 208 164 218 188 228 170 187 172 215 153 156 194 167 224 192 231 207 253 181 162 201 169 184 175 206 186 234 198 218 220 295 241 192 264 200 254 196 226 203 238 168 124 144 180 199 129 165 136 195 128 147 153 109 107 133 139 180 220 122 169 124 176 117 149 142 113 111 120 1921. January February . March April.. May June July. August . . . .... September October November December 143 162 196 247 153 192 153 217 154 170 172 125 133 151 188 225 147 180 149 217 147 160 158 120 117 127 151 183 212 140 173 143 216 139 155 156 116 123 117 144 176 205 138 167 135 216 130 148 152 108 112 118 139 173 200 138 165 134 209 126 145 145 106 109 114 137 172 191 133 163 133 196 125 142 144 107 104 119 141 172 186 124 160 129 180 123 141 148 107 109 123 146 171 184 117 156 129 179 119 142 155 108 113 124 142 178 181 116 156 131 179 118 141 153 110 101 124 140 ISO 187 116 159 131 180 118 142 153 104 98 121 139 180 197 114 163 129 178 119 141 152 98 92 120 136 180 199 113 158 127 178 121 140 150 97 91 1922. September October November December 195 112 157 124 178 117 138 142 98 95 174 191 110 156 123 177 117 141 142 105 108 130 137 172 191 109 155 125 175 117 142 139 112 117 129 137 171 194 113 156 124 175 116 143 139 115 115 132 138 175 216 119 160 122 176 116 148 139 118 118 131 140 179 225 120 167 122 176 114 150 141 119 119 135 142 180 254 121 170 121 173 114 155 142 118 119 131 138 181 271 126 172 122 173 115 155 139 114 112 133 138 183 244 180 124 173 116 153 140 110 109 138 140 188 226 183 124 176 120 154 143 110 110 143 143 192 218 185 127 179 122 156 145 118 105 145 144 194 216 CO ... 176 135 CO June... Julv August 131 CO May 122 131 CO January February March April 185 130 182 122 156 147 123 104 1923. January February March April. 1 Wholesale prices and retail food prices from the U. S. Department of Labor, Bureau of Labor Statistics; farm prices from the U. S. Department of Agriculture, Bureau of Agricultural Economics. 2 The revised wholesale price index number of the U.S. Department of Labor, Bureau of Labor Statistics, is based on quotations of 404 commodities. These commodities are arranged in 9 groups as given in the table. In computing this index, the price of each commodity is weighted by multiplying it by the estimated quantity of that article marketed in the census year 1919. For comparable yearly data for the period 1890 to 1921, see the Monthly Labor Review for September, 1922, p. 46; and for comparable monthly data for period 1913 to 1922, see the Monthly Labor Review for July, 1922. p. 60. 3 The retailfood price index compiled by the Bureau of Labor Statistics represents the changes in the price of 22 articles of foods as reported by retail dealers in 51 of the larger cities as of the 15th of the month. * As of the 15th of each month. Farm prices of crops represent the relativ average prices to farmers of the 10 leading crops. 150 WHOLESALE PRICES. Table 104.—INDEX NUMBERS. Based on data from Government and non-Government sources.1 [Base year in bold-faced type.] CO3IPILED BY FEDERAL RESERVE BOARD. (Revised.) j I Agricul- Animal ConMineral Total raw Producers' sumer's Forest tural products. products. products. products. products. goods. goods. BRAD- : STREET'S TOWS. All commodities. YEAR AND MONTH. 300 11 21 21 35 88 117 404 199 1 quotations. quotations. quotations. quotations. quotations. quotations. quotations. quotations. conamoditiies. 96> commodities.. Relative to 1913. 1913 monthly average 1914 monthlv average 1915 monthly average 1916 monthly average 1917 monthly average 100 97 100 102 112 130 211 100 103 98 119 174 1OO 92 90 102 135 1OO 92 97 138 191 1OO 99 101 126 187 100 92 97 143 184 100 101 102 119 163 1OO 98 101 127 177 10O 101 105 123 199 243 250 255 134 145 203 221 186 110 125 157 211 312 166 185 181 180 236 185 208 205 218 229 142 159 181 179 214 135 128 191 211 231 159 151 194 206 226 147 149 190 191 207 141 142 229 192 173 159 189 173 158 131 293 267 225 213 272 267 247 233 232 212 192 174 209 196 182 166 230 219 209 192 226 211 196 179 205 196 188 175 195 184 170 148 157 148 138 128 120 117 119 108 197 179 169 160 224 204 194 189 166 155 150 141 160 152 145 139 180 170 168 161 170 160 155 148 164 154 150 144 137 134 129 123 May June July August.... 134 126 122 123 106 103 113 114 159 158 155 152 186 178 172 169 140 135 135 135 137 133 128 125 156 153 154 157 145 142 141 142 138 137 132 135 117 115 116 120 September October November December 141 135 130 130 105 107 103 103 154 162 175 169 168 174 178 179 137 138 137 137 126 126 125 125 155 154 153 151 141 142 141 140 134 134 135 136 120 121 123 123 April 130 140 141 145 109 121 122 120 167 166 165 167 178 177 178 180 139 146 147 148 123 118 120 122 146 148 150 149 138 141 142 143 136 136 140 137 123 124 126 125 May June July August 152 146 147 138 122 123 130 127 174 186 188 191 202 211 241 261 157 159 171 173 125 127 129 129 150 151 154 149 148 150 155 155 139 140 144 143 127 129 131 131 September October November December 136 147 160 161 132 132 129 128 199 204 207 211 236 218 209 208 168 166 166 167 132 135 136 135 150 152 155 157 153 154 156 156 142 145 151 153 131 136 145 150 153 149 1918 monthly average . 1919 monthly average . 1920 monthly average 1921 monthly average 1922 monthly average 107 128 170 j ! 203 2C3 204 123 132 1920. October November. December. . . . .. 1921. January February March April. . . 1922. February 1 ; j ! 1 j I ' 1923. February \pril i First eight columns give the revised wholesale price index numbers of the U. S. Department of Labor, Burrau of Labor Statistics, as reclassifled by the Federal Reserve Board into the groupings as shown. The weights are the same as those used by the Bureau of Labor Statistics and the total of all commodities is therefore the same as th« revised Department of Labor index. Dun's and Bradstreet's index numbers are calculated as of the first of each month, but really refer to prices in the preceding month; the index numbers have been calculated to a 1913 base from the actual figures as published in these journals. Bradstreet's index is the sum of prices per pound of the commodities while Dun's is weighted by the amount "annually consumed by $ach inhabitant." 151 FOREIGN PRICE COMPARISONS. Table 105.—INDEX NUMBERS. From Government and non-Government sources. [Base year in bold-faced type.] UNITED STATES.* UNITED KINGDOM. FRANCE. CANADA. JAPAN. Goods Goods c oAH meximported. ported. modities. YEAR AND MONTH. SWITA U S - INDIA S W E - ZERT R A - (CalGen. U.S. ITALY Lon- British U.S. D E N . L A N D . Can. U.S. Bank U.S. LIA. cutta). (5) Dept. Stat. Fed. 7 don Board Fed. Fed. Fed. () of (12) of (8) of BuRes. (n) Res. EconoRes. Japan. Res. Trade. Board. reau. Board. Labor. mist. Board. Board. (10) 90 40 18 6 3 9 2 6 6 6 () () () (<) () () () () quota- quota- quotations. tions. tions. Rel. t o July, 1914. Relativei to 1913. 1913 monthly av 1914 monthly av 100 1OO 1OO 1OO 1OO 101 137 187 262 314 202 161 339 357 510 345 327 179 206 202 198 194 201 197 196 195 146 145 145 142 183 170 166 162 191 185 176 171 139 142 144 144 142 146 147 149 159 158 160 159 119 124 129 127 155 163 165 162 158 161 165 165 128 135 137 138 157 163 173 174 164 165 164 164 174 191 108 124 222 235 136 157 211 239 1921. May June July August 105 102 103 104 129 126 126 127 145 142 September October November December 106 107 108 111 149 146 143 141 110 110 111 115 May June July August September October November December . . . .. 1OO 241 314 201 167 1919 monthly av 1920 monthly av 1921 monthly av 1922 monthly av 1922. January February March April 1OO 99 123 160 204 148 158 145 146 100 1OO 95 133 202 299 1OO 100 1OO 1OO 96 97 117 149 1OO 100 141 326 196 166 218 218 211 198 186 185 179 177 183 179 176 174 168 165 163 166 191 192 196 173 172 178 199 177 182 181 184 182 178 172 175 174 172 158 149 145 145 207 219 214 209 192 202 562 533 527 170 166 164 165 176 171 171 163 169 166 166 144 149 150 152 206 204 201 198 185 182 180 303 306 297 524 537 558 571 164 164 165 163 161 160 161 163 167 165 166 164 154 153 154 149 194 197 201 195 180 184 192 184 157 155 293 293 306 315 582 601 596 580 158 155 154 155 163 163 169 170 163 162 164 165 144 145 147 147 193 190 188 183 176 171 169 170 158 159 162 161 347 211 162 329 325 330 331 323 311 312 302 547 509 520 542 194 187 177 172 344 331 332 326 301 387 580 599 595 595 168 165 163 163 170 167 168 167 314 306 307 314 286 283 287 299 162 163 163 158 164 163 163 159 171 169 171 168 317 325 325 331 302 156 158 159 158 157 155 157 155 165 163 165 165 329 337 352 362 295 292 577 169 168 170 168 193 235 259 200 196 100 132 155 207 250 167 149 478 321 298 182 179 178 1OO 101 110 135 177 206 217 246 182 165 409 364 624 578 562 225 235 283 181 159 Relative to July, 1914. Relative to 1913. 181 180 197 193 191 170 180 218 167 154 166 162 204 181 159 160 184 178 183 184 160 156 151 148 187 184 180 180 147 147 146 148 179 182 182 155 156 178 187 183 181 178 176 177 178 1923. January February March . April 1 Data i n the first three columns are original compilations of the Federal Reserve Board constructed for the purpose of international price comparisons; basic prices are obtained from trade journals and private firms and weighted according t o t h e 1913 volume imported and exported, respectively, for "imported goods" and "exported goods." The2total index number includes also goods produced, weighted by production in 1913, and goods consumed, weighted by consumption in 1913. Compiled by the London Economist; quotations on 44 commodities, mostly raw materials, unweighted. 8 Compiled by British Government Board of Trade; quotations on 150 commodities. 4 Compiled by Bulletin dela Statistique Generale of the French Ministry of Labor and Social Welfare; quotations on 45 commodities, mostly raw materials, unweighted. 5 Compiled by Prof. Bachi; quotations on 38 commodites until 1920, thereafter 76 commodities. e Compiled by t h e Federal Reserve Board on the same basis as their United States index for international price comparison. Detailed descriptions of these index numbers may bef oundin the following numbers of the Federal Reserve Bulletin: United Kingdom, February, 1922, pp. 147-153; Canada, July, 1922, pp. 801-806; France, August, 1922, pp.922-929; Japan,September, 1922, p p . 1052-1059. 7 Compiled by Svensk Handelstianing as of the middle of each month; 47 quotations. s Compiled b y Neue Zuricher Zeitung as of the first of each month; quotations on 71 commodities. commoditie s Compiled C i l d by b the t h Canadian C d i Department D t e t off Labor; Lb quotations tti on 272 272 commodities, diti unweighted. ihtd !o Compiled C p e byy thee Bank off Japan; p ; quotations q in Tokyo y on 56 commodities,, unweighted. gte " Compiled by the A ustralian Commonwealth's Bureau of Census and Statistics; quotations on 92 commodities, weighted by consumption, s Compiled d by the h Indian i D Department of Stiti Statistics; quotations i on 75 commodities. di 152 PUBLIC FINANCE. Table 106.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA, Based on data from Government sources.1 [Base year in bold-faced type.] U.S. GOVERNMENT FINANCES. U. S. GOVERNMENT DEBT. U.S. MONEY IN GOVERNMENT CIRDEBT. CULATION.3 U. S. GOVERNMENT FINANCES. Total Total Cus- Total Total Total Cusordi- orditoms 4 interest- Liberty ordinary5 ordinary toms nary nary estty Total. Per bearing.3 expend iexloans. rereceipts.* receipts. bear- loans.* iiCelpts.5L.Jr:, re- pendicapita. tures.s ing.3 CCII)ts 5 Total i inter- i LiberYEAE AND MONTH. i Relative to |j 1919. ii MONEY IN CIRCULATION.* Total. Per capita. Millions of dollars. Dollars. - tures.5 Relative to 1913. Relative to 1919. Millions of dollars. B.—NUMERICAL DATA. A.—INDEX NUMBERS. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average.. average.. average.. average.. average.. 4 4 4 4 11 100 92 66 67 71 100 101 96 108 154 100 103 107. 106 168 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly average.. average.. average.. average.. average.. 48 100 96 94 91 45 100 99 96 87 57 58 101 98 144 576 642 888 687 506 1,313 2,250 742 651 463 1921. January... February.. March April. 94 94 94 94 97 97 97 80 110 152 360 412 1,527 491 May.... June.... July.... August. 94 94 93 94 96 95 95 93 75 99 371 1,243 346 402 September.. October November.. December.. 94 92 93 92 95 94 94 94 1922. January... February.. March — April 92 92 91 91 93 92 May.... June July.... August. 92 90 90 90 85 September.. October November.. December.. 90 90 85 84 84 Thousands of dollars. 960,343 61,223 58,159 64,972 93,181 856,898 58,355 60,950 60,374 95,658 82 84 SI,466 826,573 24,360 17,482 17,766 18,830 $4,018 $38.59 92 93 100 109 11,986 25,234 24,336 23,598 22,846 9,313 20,726 20,537 19,828 18,019 15,228 15,286 26,961 26,160 38,197 347,834 387,300 536,006 414,323 305,474 747,211 1,280,447 422,039 370,485 263,578 4,560 4,915 5,385 4,927 4,497 42.53 46.00 50.29 45.62 40.97 112 107 106 103 112 106 105 102 23,756 23,820 23,741 23,760 20,228 20,165 20,102 20,056 25,925 21,153 29,204 40,417 217,328 248,564 921,628 296,171 388,179 351,102 536,476 494,091 5,501 5,233 5,206 5,051 51.29 648 825 566 512 102 102 99 101 101 98 95 23,710 23,739 23,534 23,680 19,995 19,844 19,776 19,611 25,485 24,723 19,7% 26,449 223,706 750,017 209,068 242,443 368,451 469,614 321,819 291,158 5,020 5,012 4,866 4,737 46.57 46.43 45.02 43.77 1,142 394 | 324 1,227 468 535 570 580 95 95 94 94 93 92 91 23,675 23,201 23,365 23,189 19,717 19,537 19,491 19,408 23,357 26,408 24,843 26,155 689,328 237,848 195,483 740,293 266,524 304,158 324,483 329,766 4,672 4,663 4,607 4,553 43.11 42.98 42.41 41.85 103 127 152 127 317 291 913 328 406 320 573 426 94 23,152 23,238 22,904 22,954 19,372 19,129 18,458 18,405 27,251 33,652 40,288 33,804 191,001 175,651 550,758 197,920 231,247 182,206 325,955 242,561 4,707 4,412 4,433 4,449 43.22 40.46 40.60 40.69 134 146 141 147 342 784 340 359 418 553 384 383 90 87 86 87 23,139 22,710 22,716 22,795 18,361 18,292 17,751 17,534 35,578 38,862 37,492 39,012 206,376 472,936 204,977 216,778 237,961 314,770 218,697 218,026 4,418 4,376 4,337 4,394 40.36 39.87 39.47 39.93 200 151 157 141 754 499 .376 773 535 723 327 510 92 93 94 89 90 91 93 22,558 22,817 22,698 22,476 17,584 17,418 17,336 16,584 53,135 40,136 41,647 37,502 454,809 301,239 226,974 466,273 304,132 289,944 4,521 4,570 4,617 4,733 41.04 41.44 41.80 42.81 174 520 425 16,119 46,346 313,558 241,717 617 100 110 100 91 90 90 91 $966 968 970 972 2,713 , j ; I 411,110 186,322 1923. January... February.. March 89 78 , 22,354 April 1 1 8 From U. S. Treasury Department, except money in circulation, prior to July 1,1922, from the Federal Reserve Board. Represents money held outside of the U. S. Treasury and the Federal Reserve system;figuresfor years 1917 to 1920 are as of Dec. 31. Figures for the years 1913 to 1920 are as of June 30. « Includes Liberty and Victory Loans and War Savings Securities; figures for the years 1913 to 1919 are as of June 30. • Monthly averages for fiscal years ending June 30,1913 to 1920. 48.73 48.41 46.91 153 LIFE INSURANCE—NEW Table 107.—(A) BUSINESS. INDEX NUMBERS AND (B) NUMERICAL DATA. 1 From commercial and trade sources. [Base year in bold-faced type. ORDINARY INSURANCE (40 c o m panies). Y E A R AND MONTH. INDUSTRIAL INSURANCE (6 c o m panies). NumNumber of Value. ber of Value. policies. policies. GROUP I N S U R - I N STUORTAANLC E ANCE (40 c o m (11 c o m panies). panies). Value. Number of Value. policies. ORDINARY INSURANCE (40 c o m panies). Thousands of policies. Thousands of dollars. INDUSTRIAL INSURANCE (6 c o m p a n i e s ) . ThouThousands of sands of policies. dollars. GROUP INSURANCE (11 c o m panies). TOTAL INSURANCE (40 c o m p a n i e s ) . ThouThouNumber of sands of sands of policies. dollars. policies. Thousands of dollars. Relative to 1913. A.—INDEX NUMBERS. 1913 monthly av.... 100 1914 monthly av.... 100 1915 monthly av.... 107 1916 monthly av 122 1917 monthly av 142 B.—NUMERICAL DATA. 100 100 100 108 113 109 109 1OO 106 112 113 119 100 97 104 127 150 182 221 350 755 107 112 111 114 107 125 146 74 74 79 90 105 8131,839 128,358 136,700 167,970 197,310 380 410 429 415 414 851,909 55,217 58,128 58,645 61,484 4 4 8 25 60 81,445 2,628 3,188 5,052 10,908 454 484 507 504 519 8185,193 186,203 198,015 231,667 269,702 100 101 1918monthly av.... 1919 monthly av 1920 monthly av.... 1921 monthly av 1922 monthly av 145 232 265 212 211 157 273 332 274 300 114 122 132 145 153 127 150 179 202 228 1,204 1,992 1,895 508 1,276 119 141 153 156 163 157 252 301 256 287 107 172 196 157 156 206,382 360,180 437,623 361,803 395,277 433 465 500 550 582 77,901 93,044 104,813 118,233 55 134 149 51 80 17,401 28,785 27,377 7,335 '18,440 540 638 696 707 738 289,882 466,866 558,043 473,951 531,951 1921. January February March April 193 212 246 246 253 267 311 311 128 127 163 133 180 177 228 184 413 234 243 291 277 143 157 182 182 333,787 352,027 410,146 410,624 487 484 621 507 93,357 91,866 118,478 95,759 40 43 43 48 5,974 5,324 9,581 6,709 629 641 464 139 141 177 152 433,118 449,217 538,205 513,092 May.... June.... July.... August. 227 224 205 191 300 292 267 250 172 145 113 117 241 202 158 163 555 383 283 357 181 158 128 129 285 268 237 226 168 166 152 141 395,445 385,075 352,134 329,124 652 550 431 446 125,232 104,909 81,872 84,583 44 45 8,023 5,529 4,088 5,153 820 716 583 587 528,699 495,512 438,093 418,859 September. October November. December.. 191 200 192 224 231 250 244 317 133 177 153 174 186 249 210 244 319 297 232 1,757 143 181 159 182 220 250 234 308 141 148 142 166 305,191 329,232 321,236 417,621 507 672 581 662 96,805 129,165 109,087 126,646 22 24 210 4,607 4,293 3,350 25,388 649 820 723 406,603 462,690 433,673 569,655 1922. January February March April 172 193 226 218 232 274 318 310 142 150 180 151 200 214 256 237 920 513 1,053 1,687 146 157 187 161 228 127 143 167 161 305,528 361,571 419,839 408,361 538 569 684 572 103,725 110,954 132,833 123,208 30 49 51 40 13,287 7,420 15,215 24,379 665 712 850 733 422,540 479,945 567,888 555,948 May.... June July.... August.. 228 222 215 201 319 308 292 164 152 143 135 241 223 213 198 689 1,164 766 672 175 164 154 146 305 299 285 268 164 159 149 429,236 420,362 405,609 384,328 624 579 542 512 125,084 115,959 110,423 102,901 61 58 55 44 9,962 16,814 11,068 9,709 793 743 701 661 564,282 553,135 527,099 496,938 September. October November.. December... 191 203 209 250 257 283 295 385 126 164 161 172 187 256 243 265 1,162 996 1,144 4,549 137 170 169 185 245 281 287 384 141 150 155 185 338,789 372,902 389,367 507,436 480 623 611 653 97,257 132,790 125,960 137,707 49 57 61 406 16,785 14,392 16,524 65,730 621 773 766 839 452,831 520,084 531,852 710,873 307 1923. January February March April i Compiled by the Association of Life Insurance Presidents. The data represent only new business that has been paid for, exclusive of revivals, increases, and dividend additions. The 40 companies whose new business is included in this table had in- force 77.1 per cent of the total legal reserve life insurance outstanding in the United States as of Dec. 31, 1920. 154 SAVINGS DEPOSITS. Table 108.—INDEX NUMBERS. Based on data from Government and non-Government sources.1 Base year in bold-faced type; numerical data on opposite page.] BALANCE TO CREDIT OF DEPOSITORS—END OP MONTH. Federal reserve districts. YEAR AND MONTH. Total deposits, Boston. 7 districts. New York. Philadelphia. Cleveland. Richmond. Chicago. San Francisco. New York State savings banks.* U.S. postal savings. Relative to 1913. Relative to 1920. 1913 1914 1915 1916 1917 monthly monthly monthly monthly monthly average. average. average. average. average. 100 100 103 105 111 115 149 187 282 360 1918 1919 1920 1921 1922 monthly average. monthly average. monthly average. monthly average. monthly average. 117 129 143 153 422 406 411 388 348 139 396 397 402 106 110 1OO 103 106 1OO 108 113 1OO 106 109 1OO 112 111 May.... June July.... August. 100 100 101 99 100 100 100 101 100 100 September. October— November. December.. 101 102 103 105 101 101 102 102 January... February. March.... April 106 106 106 106 May.... June July.... August. September. October November. December.. 100 100 100 109 119 102 102 106 114 100 100 100 99 101 100 100 101 101 99 101 100 101 101 100 101 101 102 102 107 100 101 102 105 103 103 104 109 101 102 102 102 102 103 104 106 102 103 103 106 103 102 103 103 106 107 107 107 107 108 107 107 116 116 115 113 106 106 107 108 105 105 103 103 106 106 106 106 106 107 106 105 103 103 103 102 107 109 108 108 107 106 106 106 113 114 111 110 108 108 109 109 102 103 101 100 106 108 106 106 105 105 105 107 102 103 102 103 108 108 108 111 105 105 105 108 110 110 109 110 109 111 111 111 100 100 101 102 105 106 106 109 January... February. March.... April 107 108 108 108 104 104 105 105 111 111 111 111 109 109 110 110 109 109 108 109 113 115 117 100 101 101 100 109 110 111 110 May.... June— July.... August. 108 110 110 110 105 106 106 107 111 113 113 113 109 109 109 108 109 111 109 110 119 123 119 119 101 103 102 102 111 114 114 115 September. October.... November. December.. 111 111 112 115 107 108 108 109 114 114 114 118 108 108 108 112 111 113 114 118 122 123 123 124 103 104 105 108 116 117 118 123 100 1920. 147 405 410 408 411 1921. 149 412 411 406 398 391 383 382 382 152 156 378 374 370 366 1922. 1923. January... February. March.... April See footnotes on opposite page. •158 161 364 364 362 858 352 347 342 341 338 336 335 333 155 SAVINGS DEPOSITS. Table 109.—NUMERICAL DATA. From Government and non-Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] BALANCE TO CREDIT OF DEPOSITORS-END OF MONTH. Federal Reserve Districts. YEAR AND MONTH. Total deposits 7 districts. Boston. PhiladelNew York. phia. Cleveland. Richmond. San FranChicago. cisco. New York State savings banks.' U.S. postal savings. 81,724,607 839,750 1,772,357 1,805,366 1,918,453 1,989,013 59,145 74,349 112,159 143,193 2,016,866 2,223,216 2,465,491 2,635,572 167,653 161,373 163,434 154,124 138,168 Thousands of dollars. 1913 monthly average. 1914 monthly average. 1915 monthly average. 1916 monthly average. 1917 monthly average. 1918 1919 1920 1921 1922 monthly monthly monthly monthly monthly average. average. average. average. average. 84,966,652 5,261,334 5,456,107 $1,036,420 81,532,056 8389,559 8345,252 8225,478 8 7 6 4 , 5 0 5 1,653,162 387,425 414,669 1,064,315 244,718 781,162 1,728,301 382,759 424,527 1,100,456 268,646 783,293 $580,743 673,382 715,883 768,126 1920. 4,900,126 4,988,136 4,970, 414 4,992,827 1,029,936 1,036,586 1,038,329 1,040,736 1,501,413 1,542,109 1,535,307 1,537,595 385,231 386,346 388,182 388,681 338,429 344,141 342,188 349,819 225,798 225,336 226,842 227,806 757,545 772,269 766,033 771,072 661,774 681,349 673,533 677/118 5,034,119 5,070,880 5,103,465 5,232,538 1,044,744 1,050,981 1,052,661 1,059,000 1,553,413 1,560,069 1,569,705 1,634,502 391,439 394,235 397,192 410,551 353,931 357,003 360,732 377,093 228,146 229,055 229,536 229,430 778,872 788,918 796,838 808,794 683,574 690,619 696,801 713,168 January February.. March April 5,266,787 5,262,366 5,270,950 5,254,617 1,065,210 1,055,824 1,065,907 1,068,590 1,631,063 1,633,408 1,639,233 1,638,088 416,540 418,981 418,389 416,813 400,243 399,924 397,790 390,251 238,639 239,084 241,773 243,956 803,119 799,376 790,987 784,729 711,973 715,769 716,871 712,190 May June July* August 5,251,874 5,303,069 5,259,024 5,233,846 1,065,954 1,067,743 1,066,782 1,061,725 1,638,673 1,672,087 1,659,333 1,654,316 415,886 414,349 413,893 412,108 388,850 392,492 384,153 381,385 244,367 243,289 244,670 245,075 783,570 786,791 775,265 768,092 714,574 726,318 714,928 711,145 September. October.... November. December.. 5,227,543 5,332,586 5,237,069 5,336,280 .1,061,285 1,062,542 1,061,106 1,069,108 1,657,028 1,653,338 1,656,392 1,704,986 409,904 409,581 409,463 420,123 379,358 378,789 377,166 378,702 245,192 250,397 249,300 250,878 765,278 766,480 770,989 779,265 709,498 711,457 712,653 733,220 5,333,886 5,349,121 j 5,366,246 ! 5,369,737 1,078,232 1,081,935 1,085,788 1,092,416 1,698,444 1,698,535 1,704,841 1,700,636 425,438 426,470 427,104 426,745 375,639 374,773 374,372 376,115 254,299 255,034 259,576 262,969 767,745 770,809 769,966 767,928 734,089 741,565 744,599 742,928 | 5,380,661 5,472,490 5,445,081 5,456,090 1,091,620 1,097,919 1,102,250 1,104,435 1,701,562 1,738,814 1,728,753 1,728,310 423,582 424,063 423,963 422,128 377,299 381,994 377,989 380,941 268,659 276,648 269,238 269,220 770,643 784,348 776,081 778,906 747,296 768,704 766,807 772,150 5,499,278 5,527,227 | 5,553,637 ! 5,719,830 1,108,924 1,114,412 1,116,546 1,130,998 1,744,493 1,741,543 1,746,127 1,807,550 420,090 419,573 419,046 436,122 383,995 389,013 393,214 407,761 274,199 278,077 276,936 278,891 784,904 795,050 805,640 827,490 782,673 789,559 796,128 831,018 May June July August September. October November., December.. 2,398,329 2,532,653 158,136 157,276 157,618 159,675 161,150 162,810 162,352 163,434 1921. 2,574,697 2,648,432 2,623,039 2,696,120 163,656 163,356 161,249 158,097 155,395 152,390 151,982 151,778 150,358 148,567 147,089 145,569 1922. January February March April #. May June July August - September October November December '2,716,533 2,791,691 144,668 144,610 144,018 142,326 139,959 137,736 136,124 135,482 134,230 133,477 133,103 132,282 1923. January... February. March April i Savings deposits in each Federal Reserve district (including both commercial and savings banks) compiled by Federal Reserve Bank of that district from reports of identical banks, as follows: Boston, 64 banks, New York, 30, Philadelphia, 75, Cleveland, 18, Richmond, 93, Chicago, 219, San Francisco, 75. Deposits in savings banksof New York State furnished by Savings Banks Association of the State of New York: Postal savings from U. S. Post Office Department. » Yearly figures from 1914 to 1920, inclusive, are averages of deposits on June 30 and December 31 of each year; 1913 figures are for December 31; 1921 Is average of quarterly figures. » Approximate figure calculated from deposits and withdrawals. 156 BANKING. Table 110.—INDEX NUMBERS. Based on data from Government and non-Government Sources,1 [Base year in bold-faced type; numerical data on opposite page.] DEBITS TO INDIVIDUAL ACCOUNTS.* YEAR AND MONTH. average. average. average. average. average 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly average. average.. average.. average.. average.. Relative to 1913. 88 116 169 187 100 96 102 134 169 100 114 91 97 189 249 257 205 230 205 243 275 21i 228 100 100 99 '85 CONDITION OF REPORTING MEMBER BANKS.* CONDITION OF FEDERAL RESERVE BANKS.' Bills Notes Total [n New Outside New Outside New In New disIn cir- investYork York York countcula- ments. York City. City. tion. City. ed. City.* Relative to 1919. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly BANK CLEARINGS. Total Total redeserves. posits. INTEREST RATES. Commercial Total de- New doubleReTotal Net loans m a n d York serve name dis- investdecall ratio.' and per, counts. ments. posits. loans. days. Relative to 1921. Relative to 1919. Relative to 1913. Relative to 1919. 108 60 80 107 100 78 60 59 82 103 166 205 246 189 140 101 94 127 113 76 100 1 1 12 60 73 100 100 132 91 28 120 102 85 24 39 18 27 58 79 100 116 57 104 91 100 97 122 144 60 188 166 151 90 114 88 100 100 99 90 87 122 154 100 107 96 1OO 92 1OO 126 1921. January.. February., March.... April May.... June July.... August. September.. October November.. December.. 1922. January... February.. March April May.... June July.... August. September.. October November.. December.. 104 236 237 127 118 76 106 93 108 99 101 210 135 74 84 184 190 124 117 77 108 93 107 99 99 228 134 85 95 212 226 118 112 111 95 101 106 101 96 216 132 80 90 197 211 107 108 110 103 100 96 203 131 85 201 200 97 104 115 101 99 96 214 120 87 214 210 92 101 49 120 87 121 100 102 95 196 117 80 195 200 97 45 123 88 126 98 96 95 179 111 75 185 201 85 77 95 45 127 87 133 96 97 94 179 103 63 114 117 199 208 72 94 44 131 89 137 97 101 93 162 102 87 95 203 225 68 92 43 134 90 141 96 98 96 165 97 86 85 213 215 61 90 47 137 90 145 95 102 97 159 90 101 100 234 225 61 93 60 137 91 142 94 106 96 160 94 95 219 209 44 83 56 140 92 154 92 107 97 143 81 84 195 184 37 74 141 91 156 91 110 97 155 100 99 237 221 33 83 92 142 93 155 91 110 97 137 102 94 238 212 26 82 110 143 95 156 91 115 101 137 24 122 125 79 244 228 143 97 155 91 123 104 108 98 255 233 24 81 120 144 100 154 90 131 105 130 97 93 233 224 20 81 118 145 97 158 90 132 104 122 90 90 215 225 21 82 117 146 97 158 90 135 103 126 86 106 94 94 219 233 22 117 146 95 156 92 133 105 141 110 105 249 267 24 113 147 95 155 94 135 106 157 94 98 220 246 34 95 146 96 152 94 135 105 154 102 112 240 260 94 119 144 144 95 143 106 149 109 112 251 288 84 92 147 144 109 137 1923. January 31 February March April See footnotes on opposite page. 103 153 80 157 BANKING. Table 111.—NUMERICAL DATA. From Government and non-Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] DEBITS TO INDIVIDUAL ACCOUNTS.* BANK CLEARINGS. CONDITION OF FEDERAL RESERVE BANKS. 3 CONDITION OF REPORTING MEMBER BANKS.* INTEREST RATES. Com- Notes Total Total Total ReIn cir- investdeserve6 reYork , count- culaposits. ments. serves. ratio. tion. City.5 ed. Outside I n New York City. YEAR AND MONTH. New York City. Bills | dis- Total mercial New double-! loans Total Net and invest- demand York name j call dis- m e n t s . deposits. loans. paper, i counts. 60-90! days, i Millions of dollars. 1913 m o . a v . 1914 m o . a v . 1915 m o . a v . 1916 m o . a v . 1917 m o . a v . 1918 m o . a v 930,343 8 1 7 , 5 3 6 20,087 20,067 I 17,258 15,914 | 19,988 16,937 j 1919 m o . av 1920mo. a v . . . . 1921 m o . a v 1922mo. a v . . . . $7,886 6,918 9,184 13,298 14,784 85,749 5,508 5,879 7,713 9,734 14,878 11,801 19,650 13,944 20,261 15,801 16,194 $29 24 Percent. $89 185 I S3 84 Millions of dollars. 94.6 $144 83.5 224 606 231 1,261 $1,154 1,991 592 685 18,158 13,135 550 1,911 2,618 3,154 2,664 2,215 466 12,212 1,158 1,936 2,557 1,755 618 2,190 2,126 2,672 3,149 1,738 1,937 1,922 1,744 1,851 75.6 57.0 50.2 43.5 61.4 811,927 83,364 77.5 10,953 4,230 $9,260 10,576 11,302 10,178 10,855 Per cent. 3.18 3.45 1.91 2.53 3.40 | 5.78 i 4.52 3.44 j 3.42 I 4.73 5.27 6.51 7.82 6.02 4.44 5.86 5.42 7.34 6.55 4.40 7.25 6.88 6.45 7.81 7.75 7.63 7.58 6.81 6.22 5.70 5.69 6.94 6.75 6.40 5.94 5.15 5.25 5.06 5.10 5.90 5.63 5.19 5.13 4.56 4.94 4.35 4.35 4.90 4.88 4.80 4.58 3.97 4.13 3.88 4.00 4.25 4.05 3.78 3.93 4.18 4.38 4.38 4.03 4.63 1921. January... February.. March April 20,033 18,264 18,573 13,650 2,456 3,091 452 2,320 1,808 49.0 12,908 3,346 10,643 15,130 14,785 14,529 10,915 2,396 3,052 458 2,357 1,809 49.9 12,761 3,338 10,495 17,353 16,719 16,682 12,989 2,287 2,931 406 2,422 1,841 50.8 12,591 3,392 10,186 16,349 15,766 15,536 12,152 2,064 2,830 371 2,505 1,726 55.0 12,248 3,355 10,138 May.... June July August. 17,297 15,348 15,847 11,520 1,870 2,735 393 2,558 1,706 57.6 12,028 3,317 10,153 17,628 15,619 16,849 12,067 1,772 2,634 2,625 1,686 60.8 11,884 3,447 10,046 16,340 14,984 15,355 11,478 1,650 2,538 2,685 1,695 63.4 11,660 3,229 10,002 15,186 14,833 14,556 11,541 1,492 2,481 266 2,788 1,691 66.8 11,491 3,268 9,968 September I 16,102 15,517 15,079 11,980 1,403 2,457 263 2,879 1,717 69.0 11,573 3,384 9,866 October ! 17,610 17,492 16,684 16,027 12,948 1,309 2,409 253 2,937 1,739 70.8 11,422 3,307 10,192 14,900 16,822 12,377 1,182 2,366 278 2,990 1,743 72.7 11,335 3,430 10,270 20,575 17,554 18,476 12,926 1,180 2,443 356 2,992 1,765 71.1 11,220 3,560 10,174 November.. December.. 1922. January February... March April May.... June July.... August. September.. October November.. December.. 1923. January February... March April 1 3,059 1,779 77.2 10,919 3,615 10,271 438 3,081 1,772 78.1 10,851 3,692 10,245 2,182 544 3,103 1,805 77.8 10,842 3,702 10,309 2,158 650 3,125 1,833 78.3 10,846 3,865 10,676 2,141 722 3,130 10,906 4,122 11,049 3,148 1,870 1,939 1,888 1,882 78.0 711 77.5 10,783 4,405 11,124 79.2 10,739 4,450 11,043 79.2 10,761 4,532 10,942 19,065 16,642 17,296 12,024 850 2,184 16,543 14,730 15,340 10,551 721 2,174 20,397 17,367 18,720 12,705 636 20,717 16,481 18,759 12,210 500 21,654 17,148 19,215 13,099 471 22,063 17,168 20,111 13,413 469 2,124 19,713 16,315 18,337 12,867 380 2,127 697 3,181 18,287 15,817 16,938 12,911 404 2,153 691 3,196 19,027 17,098 17,332 14,169 650 2,330 564 3,203 1,860 76.4 11,219 4,543 11,095 20,851 19,558 18,899 14,938 630 2,464 704 3,149 1,900 72.1 11,329 4,823 11,255 4.48 5.00 4.90 4.73 22,087 19,666 | 19,778 16,562 597 2,204 542 3,227 1,991 76.9 11,425 4,849 11,537 4.35 19,215 16,522 17,285 13,398 420 2,243 690 3,203 1,840 78.4 10,988 4,468 11,085 22,322 18,399 19,668 15,340 469 2,299 666 3,212 1,842 77.6 11,249 4,541 11,162 I Figures for Debits to individual accounts, condition of Federal Reserve Banks, and condition of reporting member banks are from the Federal Reserve Board; Bank clearings from Bradstreets; Interest rates in New York market from the Commercial and Financial Chronicle. a Debits of banks in about 150 of the larger clearing-house centers, covering weekly totals, the first and last weeks of the month being prorated. »Condition as of last Wednesday of the month. Prior to April, 1921, figures are of last Friday of month. « Includes reports from more than 800 banks in the leading cities in the United States on condition as of last Wednesday of month. Prior to April, 1921, figures are as of last Friday ofmonth. 5 This column has been recomputed so as to include clearings from 117 identical cities in each year. Estimates had to be made for a few of the smaller cities in the earlier years to complete the data. 8 Prior to March, 1921, net deposits were used in calculating reserve ratios. 158 STOCKS AND BONDS. Table 112.—INDEX NUMBERS. Based on data from commercial and trade sources.1 [Base year in bold-faced type; numerical data on opposite page.] STOCK PRICES.* YEAR AND MONTH. 25 industrials. Com10 10 10 10 bined highest second- public indus- index trial grade grade utility (40 rails. bonds. bonds. bonds). rails. 25 railroads. 1915 monthly average 1916 monthly average 1917 monthly average... 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly average... average... average... average... average... 1921. January February March... . April May . .. June. . . July October November . NEW YORK STOCK EXCHANGE SALES. Perma- Temponent rary Miscel- Liberty, Total Stocks laneous loans loans Victory (long (short (shares). bonds. bonds. bonds. term). term). Municipal bonds. Relative to 1915. Relative to 1913. 1913 monthly average... NEW MUNICIBOND PAL BOND YIELDS.* ISSUES.* BOND PRICE 1INDEX." Relative to 1913. Relative to 1919. 100 1OO 1OO 1OO 1OO 100 100 93 93 109 58 129 88 100 100 100 100 1OO 95 121 59 32 209 170 96 103 103 105 108 105 91 122 61 280 147 83 97 96 98 101 98 96 109 81 222 139 74 89 98 91 103 64 98 173 75 87 88 88 87 182 100 85 90 101 189 93 377 67 100 112 189 137 270 124 114 348 158 207 162 95 308 76 314 290 58 80 112 132 87 13 18 26 31 28 17 53 49 100 99 73 58 184 67 79 77 84 70 136 64 83 81 73 78 169 75 95 95 91 105 78 78 97 148 65 83 81 70 83 79 114 224 150 231 148 65 82 79 71 84 78 113 ; 219 102 147 157 100 144 63 81 78 71 80 77 114 189 261 230 122 146 62 81 78 72 80 77 115 281 310 221 129 77 63 57 57 147 65 80 79 72 80 77 115 226 173 254 159 54 78 125 62 78 77 70 77 75 116 373 112 262 129 92 101 125 64 81 79 72 70 77 118 i 320 107 134 154 60 82 121 64 82 81 73 76 78 118 355 102 159 141 54 74 106 1OO 105 94 111 95 71 72 74 127 65 83 83 75 77 79 117 312 183 185 168 87 130 64 83 83 75 73 78 115 371 148 186 166 92 109 136 65 88 87 77 79 81 112 381 115 221 257 91 129 140 66 91 80 80 77 84 101 921 127 255 265 93 132 1922. January February.. March April. May June July August September October November December 143 65 93 91 83 33 222 268 97 136 92 91 84 91 92 227 68 102 102 98 149 99 263 120 234 263 52 100 153 70 93 93 88 102 94 99 370 162 328 333 76 136 163 74 94 96 90 104 96 98 433 12 440 371 77 145 166 76 94 96 93 106 97 93 365 37 418 322 61 122 166 74 95 95 92 105 97 94 499 48 347 277 53 105 170 77 98 97 93 106 98 94 352 62 219 265 48 98 178 82 99 99 95 107 100 94 245 48 258 312 38 101 184 83 99 97 108 101 93 350 108 314 285 83 i 1 99 191 i 97 96 107 99 92 219 150 371 283 38 69 118 93 94 105 97 93 157 116 330 254 38 88 93 93 105 97 94 211 12 284 249 45 92 292 300 32 94 182 76 96 94 1*7 74 94 ! i i 95 j 1923. Tanuarv 190 74 94 92 93 106 96 I 93 93 March April i See footnotes on opposite page. 159 STOCKS AND BONDS. Table 113.—NUMERICAL DATA. From commercial and trade sources.1 [Base year in bold-faced type; index numbers on opposite page.] STOCK PRICES.* 25 25 indus- railtrials. roads. YEAR AND MONTH. Dollars per snare. 1913 1914 1915 1916 1917 monthly average. monthly average.. monthly average.. monthly average.. monthly average.. 1918 1919 1920 1921 1922 monthly average.. monthly average... monthly average... monthly average.. monthly average.. NEW MUNICIBOND PAL BOND YIELDS.* ISSUES.' BOND PRICE INDEX.3 ComPerma- TempoMu10 10 10 10 bined nent rary Miscella- Liberty nicihighest second public indus- index and loans loans Stocks. neous pal grade trial utility Victory grade (40 (long (short bonds. rails. bonds. bonds. bonds). bonds. term). term). bonds. rails. Per cent. Per cent of par value of 4% bond. Thousands of dollars. $41,499 56,959 79,623 94,199 61,866 39,428 37,508 55,341 63,503 30,432 11,948 26,073 18,728 14,334 21,729 47,544 117,059 164,603 236,814 308,136 88,563 235,406 323,969 115,686 . 173,130 288,816 136,442 206,948 343,390 76,181 60,586 74,450 | 41,270 64,388 105,252 95,550 124,930 15,976 10,147 15,907 15,273 112,065 71,300 87,072 92,283 75.55 78.00 72.42 73.82 77.59 72.36 70.51 75.89 71.35 105.77 107. 21 79.38 98.58 61.34 62.06 55.94 53.21 62.38 80.02 77.89 71.33 74.39 85.42 66.12 66.33 58.54 61.43 71.76 63.89 61.77 51.99 53.92 67.50 69.36 70.76 60.12 55.28 74.00 69.84 ! 69.07 | 59.70 60.15 74.11 4.60 4.49 5.00 5.08 4.23 86,03 j 86.13 | 83.83 | 84.73 53.87 53.84 52.03 51.59 74.92 73.81 73.14 72.52 59.91 59.13 59.13 51.41 52.09 52.19 52.85 58.81 58.98 56.13 56.42 60.41 60.25 59.21 j 59.39 ! 5.06 5.05 5.07 5.11 May June July August 85.53 I 72.71 I 72.95 70.22 53.59 51.18 53.28 52.98 72.25 70.31 72.56 73.66 59.84 58.17 60.0661.08 52.88 51.67 53.04 53.87 56.16 54.06 53.66 53.69 59.46 | 57.75 i 58.89 I 59.59 5.12 5.18 5.26 5.24 76,961 126,931 109,040 121,027 ! 70,007 45,482 42,930 41,249 September October November December 74.10 ; 75.43 j 79.14 81.73 54.10 53.51 54.19 54.40 74.72 74.52 78.59 81.62 62.75 62.83 65.80 67.59 55.10 55.63 57.18 59.12 54.41 51.16 55.69 54.22 60.74 j 59.83 I 62.13 64.10 5.22 5.13 5.00 4.50 106,270 ! 126,380 129,692: 313,746 I 1922. January February March April j 82.99 86.47 89.20 94.59 54.21 56.57 57.98 61.62 83.23 82.95 83.33 84.60 68.46 68.47 70.06 72.20 61.07 62.34 64.65 66.58 71.63 72-07 71.80 73.59 70.22 70.71 71.85 73.69 May June July August 96.84 96.69 i 99.06 103.68 62.92 61.49 63.72 67.64 84.80 85.29 88.09 89.01 72.83 71.89 73.18 75.05 68.65 67.92 68.47 69.83 74.42 74.10 74.64 75.73 September October November December 107.02 111.25 \ 106.09 109.08 68.70 68.53 63.46 61.71 89.29 85.93 84.68 84.82 74.89 73.29 70.52 70.29 71.59 70.75 69.28 68.91 j 110.35 [ 61.71 84.46 9.82 68.34 1923. January February March April Thousands of dollars, par value. 6,924 3,992 14,448 19,404 15,378 89.79 92.45 87.43 4.45 4.16 76.76 ! 4.23 80.49 .1 4.06 75.58 j| 4.26 Thousands of shares. Total bonds. 334,049 840,268 23,838 | 37,159 12,894 ! 41,049 24,367 || 41,450 32,704 I; 37,078 858.19 882.97 77.57 58.08 73.16 75.35 80.05 99.14 69.12 85.44 j 1921. j January j February March ApriL NEW YORK STOCK EXCHANGE SALES. 21,902 64,183 64,472 118,385 104,730 $40,842 $41,499 56,959 79,623 94,199 85,690 181,421 149,014 135,918 135,429 293,486 220,314 222,990 227,712 17,601 18,174 9,295 10,992 ! | I ! ! 113,177 | 92,132 i 109,535 100,246 128,023 217,741 143,182 127,718 241,200 309,873 252,717 227,964 73,529 59,543 46,184 51,075 12,807 12,883 15,332 17,622 119,819 118,408 183,320 188,880 207,123 218,018 214,625 219,342 326,942 336,426 397,945 408,222 4.38 , 77,288 89,493 4.41 .39 ; 125,903 L35 I! 147,300 13,228 48,157 65,231 4,940 15,394 16,185 22,734 30,468 191,216 187,368 237,852 264,341 228,613 121,981 180,639 182,582 419,829 309,349 418,491 446,923 74.72 74.28 75.44 76.80 .15 .18 .18 4.19 124,425 169,748 119,995 83,582 14,720 19,245 24,811 19; 471 28,911 24,036 15,149 17,850 229,460 197,772 188,691 222,863 144,967 126,121 114,284 89,855 374,427 323,893 302,975 312,718 76.28 75.53 73.79 74.38 77.47 75.96 74.10 74.11 4.15 119,209 4.09 I! 74,647 4.14 53,394 4.18 71,780 43,650 60,328 46,645 4,763 21,775 25,676 22,882 19,692 203,184 201,506 181,457 177,670 88,909 163,616 89,420 106,317 292,093 365,122 270,877 283,987 74.43 73.76 4.16 4.14 20,206 i 214,185 76,239 290,424 ; 1 Bond price index and sales from Dow, Jones & Co.; municipal bond yields and new issues from The Bond Buyer; and stock prices and sales from the Annalist. » Prices are averages, as taken at the end of each week, of the closing prices for these stocks on New York Stock Exchange. »These indices are combined from the yields of the average prices of the bonds for each day of the month, the average yields for the 10 bonds of each class being capitalized at 4 per cent to give the index. 4 Average market yield of bonds of 20 large cities at the first of each month * Sales by states and municipalities of new bond issues. 160 BUSINESS EARNINGS. Table 114.—INDEX NUMBERS. Based on data from commercial and trade sources.1 [Base year in bold-faced type; numerical data on opposite page.] BUSINESS FAILURES. TELEPHONE EARNINGS. CORPORATION FINANCES. TELEGRAPH EARNINGS. Dividend payments. 3 YEAR AND MONTH. Firms. Liabilities. ! Industrial and miscella- Steam railTotal.* neous roads, ji com|i panies. Street railways. Total Comdividend Total Net New New and operat- ! operat- mercial telecapital Incorpointerest issues. rations.2 ing reveing nues. income. payments. Relative to 1913. 100 114 1OO 1OO 1914 m o . av.. 131 98 1915 mo. av.. 138 111 95 1916 mo. av.. 106 72 1913 m o . av.. 1917 m o . av.. 100 99 95 100 111 100 95 94 117 106 67 129 147 105 Operating income. revenue. Relative to 1919. 109 100 101 105 105 100 87 87 123 120 133 100 70 96 161 132 134 93 217 1918 m o . av.. 62 60 122 140 129 153 82 106 1919mo. av.. 40 42 114 125 122 179 184 613 124 192 189 725 122 188 160 385 96 Telegraph and cable 100 104 111 125 142 100 100 112 129 127 78 76 154 188 231 276 125 138 146 204 83 100 120 106 84 100 116 103 78 100 88 77 | 105 1920 m o . av.. 55 108 115 130 1921 m o . av.. 123 230 110 117 1922 mo. av.. 148 229 108 112 95 119 190 208 406 1921. January.... February... March April 142 123 100 111 229 268 297 170 164 108 113 127 159 108 123 149 101 113 115 93 283 131 64 162 244 112 188 238 188 218 101 285 722 380 554 573 262 253 271 277 173 181 213 232 108 98 112 103 104 94 107 101 42 May.... June July.... August. 101 99 108 117 251 152 188 189 75 87 146 109 70 97 140 111 83 86 113 118 95 49 181 84 161 197 230 117 130 131 124 101 349 392 164 337 278 280 275 278 223 218 184 193 107 109 103 108 102 105 99 105 76 88 50 78 September.. October November.. December.. 110 128 149 183 163 234 235 385 80 131 90 92 99 155 69 126 60 93 124 50 64 175 108 64 160 241 165 204 150 75 187 232 284 292 214 359 275 289 287 219 220 220 172 110 110 99 104 107 108 98 104 112 1922. January February March April 204 174 184 162 325 320 315 322 154 106 110 124 144 103 117 145 99 111 114 92 243 115 189 232 153 148 207 325 490 124 62 161 291 282 300 305 220 218 244 250 98 91 107 102 95 88 102 97 64 54 100 78 May.... June July.... August. 147 130 131 128 195 168 176 177 73 84 141 106 67 78 134 108 82 83 111 117 93 43 167 80 164 194 232 120 292 240 166 162 545 173 368 375 305 243 246 217 231 113 115 108 120 108 109 103 113 123 128 83 119 September.. October.... November.. December.. 117 128 130 136 162 152 177 256 79 131 90 94 97 155 70 129 60 93 124 51 62 176 108 201 124 159 316 377 378 469 472 312 319 317 245 241 174 218 122 126 114 114 117 108 128 129 100 159 217 310 461 528 1923. January February March April See footnotes on opposite page. 343 425 460 307 304 309 273 236 37 93 75 161 BUSINESS EARNINGS. Table 115.—NUMERICAL DATA. From commerical and trade sources.1 [Base year in bold-faced type; index numbers on opposite page.] BUSINESS FAILURES. CORPORATION FINANCES. TELEPHONE EARNINGS. TELEGRAPH EARNINGS. Net Total operat- operating ing revinenues. come. TeleCom- graph merOperand cial cable ating tele- operatingraph ing revtolls. enue. Dividend Payments.3 Y E A R AND MONTH. Total Liabilicommercial. ties. Industrial and Steam miscel- railTotal.« laneous compa- roads. nies. Street railways. Number of firms. 1,336 1,523 1916 mo. av.. 1917 mo. av.. New incorporations.2 Thousands of dollars. 24,135 23,705 23,832 23,668 23,433 6,318 227,061 112,068 183,275 20,225 4,649 5,977 265,764 251,764 1,056,519 5,104 6,074 284,573 258,886 1,249,920 24,635 30,320 5,970 278,484 219,572 663,260 36,265 7,573 5,855 282,073 284,978 700,013 361,925 165,220 277,846 351,981 257,423 1,243,460 298,708 654,376 138,701 954,700 390,668 987,895 34,394 33,206 35,650 36,398 238,061 292,168 340,166 173,860 177,638 179,114 170,474 138,929 601,044 675,978 281,759 580,141 36,560 36,743 36,160 36,566 205,792 103,149 255,938 318,335 489,846 503,394 367,956 618,572 36,067 37,905 37,657 37,871 209,662 445,196 843,653 591,404 731,866 792,372 38,183 36,998 39,393 40,058 8,149 8,073 9,070 9,272 1920 mo. a v . . 740 24,593 80,248 1921 mo. a v . . 1,638 52,284 76,965 1922 mo. a v . . 1,973 51,991 75,132 53,788 48,264 50,140 45,200 43,259 1,895 52,137 60,852 67,409 38,568 114,350 75,720 78,956 88,486 61,450 41,450 47,301 57,501 24,900 27,850 28,505 22,950 13,900 27,100 37,250 54,100 42,950 20,500 21,151 28,003 29,110 4,650 1918 mo. av.. 834 13,585 85,184 1919 mo. av.. 538 9,441 79,745 1921. January February March April New capital issues. 822,723 $69,838 8 3 8 , 5 2 7 $24,733 $4,906 $148,103 $137,145 8172,301 $ 1 3 , 1 3 2 $3,710 148,948 13,722 119,710 36,530 5,368 3,709 29,826 24,549 68,481 120,306 155,426 119,613 36,374 23,613 5,149 14,527 4,139 1,848 25,191 164,915 66,019 182,208 44,986 16,452 26,095 177,919 6,020 1,416 16,351 4,785 276,925 77,176 127,498 56,542 26,038 6,493 199,095 18,700 4,700 1,155 15,203 373,198 89,856 1913 mo. av.. 1914 mo. av.. 1915 mo. av.. Total dividend and interest payments. 1,641 1,336 1,487 6,420 3,150 7,925 5,415 $5,898 6,287 | $7,674 $1,711 8,477 1,282 1,636 1,438 1,265 7,596 | 10,095 9,113 ! 11,698 8,043 | 10,371 6,434 8,183 6,706 7,412 9,457 599 7,896 8,535 10,772 1,524 8,599 7,823 10,163 1,228 8,275 8,123 10,315 1,251 8,084 8,283 10,601 1,434 6,829 7,805 9,989 816 7,178 8,239 10,615 1,270 8,132 8,333 10,812 1,835 8,168 8,371 10,913 1,409 8,172 7,526 9,857 1,311 6,398 7,884 10,486 1,815 1,042 883 1,643 1,275 10,480 May.... June July.... August. 1,356 1,320 1,444 1,562 57,066 42,904 52,251 60,811 102,303 76,160 September.. October November.. December.. 1,466 1,713 1,988 2,444 37,021 53,059 53,470 87,502 56,201 91,445 62,750 64,150 38,150 59,850 26,750 48,550 14,901 23,000 30,700 12,450 3,150 3,150 236,801 356,779 245,051 301,951 1922. January February March April 2,723 2,331 2,463 2) 167 73,796 72,608 71,608 73,059 107,700 73,715 76,501 86,651 55,300 39,715 45,150 55,900 24,500 27,390 28,301 22,850 14,200 6,100 3,050 7,901 361,925 169,815 280,600 342,881 May.... June July August. 1,960 | 44,403 ,740 | 38,242 ,753 I 40,010 ,714 j 40,280 50,851 58,751 98,210 74,300 25,900 30,050 51,760 41,525 20,401 20,600 27,450 28,850 4,551 242,451 286,951 344,210 178,100 400,700 329,304 227,976 222,612 938,195 297,557 634,259 646,605 40,059 40,252 39,889 40,572 9,013 8,620 10,882 9,137 8,744 10,967 8,055 8,198 10,363 8,585 9,079 11,381 September.. October November.. December.. ,566 ,708 1,737 1, 814 36,908 34,647 40,265 58,069 55,175 91,370 62,790 65,570 37,400 59,790 26,820 49,800 14,750 22,950 30,650 12,510 242,075 356,570 257,053 322,246 276,320 170,582 217,714 433,200 650,044 651,577 808,720 813,901 40,930 41,936 41,691 9,092 10,125 8,767 9,261 11,521 9,564 11,820 8,678 10,885 2,126 49,210 459,510 632,784 909,694 1923. January February March April 34,639 42,774 2,401 8,900 4,100 8,595 5,300 2,101 8,200 3,925 3,025 8,630 5,320 3,260 202,749 283,724 7,451 9,586 6,950 8,932 8,117 10,302 7,766 9,808 2,008 2,101 1,364 1,944 2,090 2,109 1,636 i Except telephone earnings, which are combined reports of 10 largest telephone companies, and telegraph earnings, which are combined reports of the Western Union and Postal Telegraph Companies, as reported to the Interstate Commerce Commission. Business failures are from Dun's Review; Dividend and interest payments, New capital issues, and New incorporations from the New York Journal of Commerce. 1 Represents the value of the authorized capital of new enterprises incorporated in the principal eastern states. * Monthly data for the period 1913-1921 will be found in the October SURVEY (NO. 14), page 46. < Includes bank dividends not separately shown for those months where such payments are reported. The total interest payments may be obtained by subtracting total dividend payments from total interest and dividend pavments, monthly data of which for the period 1913-1921 were published in the September SURVEY (NO. 13), p. 51. It is to be noied that the total dividend and interest payments for July, 1918, should bestated as $333,011,000,instead of $633,011,000. 29011°—23 11 162 CORPORATION STOCKHOLDERS. Table 116.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Data from commercial and trade sources.1 [Base year in bold-faced type.] PENNSYLVANIA RAILROAD CO. YEAR AND MONTH. AMERICAN TELEPHONE PENNSYLVANIA AND TELE- RAILROAD CO. GRAPH CO. U. S. STEEL CORP. (COMMON STOCK). Stockholders. Stockholders. Per- Stockholders* centage of shares Do- ForDoDo- For- held mes- eign. mes- Forby eign. meseign. tic. tic. brok- tic. ers. Stockholders. Domestic. Foreign. A.—INDEX NUMBERS. 1918 quarterly average 1919 quarterly average 1920 quarterly average 1921 quarterly average 1922 quarterly average Domestic. Foreign. AMERICAN TELEPHONE AND TELEGRAPH JCO. Stockholders. Stockholders. Percentage of shares held by brokers. Number. Relative to 1913. 1913 quarterly average 1914 quarterly average 1915 quarterly average 1916 quarterly average 1917 quarterly average U. S. STEEL CORP. (COMMON STOCK). Domestic. Foreign. Number. B.—NUMERICAL DATA. 100 1OO 1OO 1OO 1OO 100 108 105 115 111 91 107 100 113 112 105 *101 «129 89 117 122 117 61 95 61 107 127 114 128 20 107 78 101 148 96 141 16 155 97 84 180 110 153 15 177 96 79 217 119 174 13 213 85 59 247 122 190 15 252 88 44 308 193 187 26 235 90 47/ 409 221 72,714 78,682 81,603 85,343 93,331 11,258 41,436 1,529 11,839 47,777 1,697 11,816 M2,020 2 1,980 6,884 39,365 939 2,235 44,531 1,191 102,798 111,316 126,424 138,450 136,181 1,773 64,314 1,484 1,727 73,510 1,475 1,500 88,085 1,300 1,743 104,621 1,341 2,869 97,580 1,380 121,326 124,943 127,768 131,659 1,595 82,246 1,337 1,525 85,909 1,320 1,472 89,665 1,287 1,409 94,520 1,256 137,007 139,702 138,243 138,847 1,386 103,093 1,283 1,373 103,976 1,334 1,362 105,355 1,368 2,852 106,061 1,379 2,915 105,261 1,399 2,888 97,989 1,370 2,851 94,789 1,384 2,820 92,281 1,365 51.48 46.73 45.87 55.08 51.88 53,205 56,932 62,279 67,504 78,597 43.22 40.65 30.35 22.45 24.36 96,035 115,482 131,643 163,703 217,599 33.46 32.09 30.69 25.17 122,999 131,558 134,112 137,901 1,173 24.27 22.61 21.49 21.44 144,716 153,649 172,770 183,676 1,774 22.02 24.09 25.05 26.28 195,608 201,303 228,592 8244,893 2,217 1,041 1,175 1,270 1,187 999 1,143 1,239 1,267 2,013 2,297 1920. Inarch 167 14 198 87 65 231 113 June September 172 14 207 86 62 247 113 176 13 216 84 60 252 113 "rXvembfir _ 181 13 228 82 49 259 149 188 13 249 84 47 272 170 192 12 251 87 44 289 188 190 12 254 89 42 325 206 191 26 256 90 42 345 209 191 26 254 91 43 368 213 188 26 236 90 47 378 215 185 25 229 91 49 430 222 185 25 223 89 51 460 233 1921. March June September "OeceTtubftr 1,173 1,174 1,547 1,953 2,146 2,180 1922. March June September December 138,895 136,940 134,279 134,609 2,233 2,309 3 2,430 1923. March December . . .. I 1 These data showing the growth of stockholders in three prominent companies—a railroad, a public utility, and an industrial—have been furnished direct by the respective companies and represent the number of holders of common stock on their books at the end of each quarter, i. e., Decemberfiguresare for Dec. 31 or Jan. 1. 2 Dec. 31figures;other quarters of 1915 not available. 3 Stockholders of record December 20, 1922. 163 CREDIT CONDITIONS. Table 117.—(A) INDEX NUMBEBS AND (B) NUMERICAL DATA. Based on data from commercial and trade sources.1 [Base year in bold-laced type.] PAYMENTS. YEAR AND MONTH. 1916 mo. av.. 1917 mo. av.. 1918mo. av.. 1919 mo. av.. 1920mo. av.. 1921 mo. av.. 1922 m o . av.. United Pacific Moun- North, Middle South Agricul- Agricul- Agricultain States 2 average. Coast. Section.^ tural." tural.* tural." 100 105 106 110 108 97 87 1OO 99 103 110 112 105 87 East.? United n . u Moun- North Middle South tain Agricul- Agricul- Agricul- East.? States Coast a Section.3 tural^ tural. & tural.e average. a n Relative to 1916. Percentage of total recorded transactions. A.—INDEX NUMBERS. B.—NUMERICAL DATA. 1OO 107 101 103 103 93 79 1OO 103 102 108 106 96 84 1OO 113 106 111 107 99 84 1OO 106 112 115 112 98 87 1OO 102 102 108 107 98 91 55.0 56.6 58.2 62.2 58.9 59.9 60.1 54.2 45.9 58.0 65.8 61.6 64.5 62.3 57.5 49.0 57.3 56.2 58.4 62.5 63.3 59.3 49.5 55.4 57.1 56.7 60.0 58.8 53.4 46.8 49.5 57.5 58.4 60.7 59.4 53.4 47.6 52.6 55.5 56.8 55.2 48.4 43.2 58.6 58.5 61.6 61.1 56.1 52.3 1920. September.. October November... December... 1921. January February March April May.... June July.... August. September.. October November.. December.. 1922. January February March April May.... June July.... August. September.. October. . . . November.. December.. 104 111 105 102 104 107 57.2 63.1 55.6 58.2 59.3 51.3 61.2 103 108 108 105 109 100 56.9 61.3 55.6 59.8 60.0 53.9 57.3 97 105 97 84 99 100 95 53.3 59.4 56.4 46.4 57.7 49.3 54.2 101 92 94 93 95 52.8 56.9 53.7 51.9 54.0 47.2 56.8 95 107 96 100 91 52.5 60.8 54.3 53.3 57.8 46.1 52.3 100 116 100 101 103 100 55.2 65.5 50.3 55.3 58.7 51.2 57.0 62.1 104 111 98 104 107 109 57.4 62.6 57.8 54.4 60.2 52.9 99 104 97 90 105 101 101 54.4 58.6 56.2 49.8 61.0 50.2 57.9 100 102 89 106 101 100 55.0 57.8 51.6 58.6 58.6 49.2 57.4 100 102 101 93 102 102 100 54.9 57.6 58.9 51.4 59 2 50.6 57.1 102 107 95 103 104 101 105 55.9 60.6 55.3 57.1 60.1 49.8 60.2 99 108 100 97 99 97 102 54.3 61.2 58.4 53.5 57.6 48.2 58.5 94 96 91 94 96 98 51.8 54.6 53.1 49.4 54.3 47.5 56.0 89 94 94 103 92 87 49.2 53.1 54.6 56.9 54.2 45.7 49.5 90 103 88 90 89 91 49.3 58.1 51.0 50.0 55.0 44.0 51.9 91 107 83 93 93 95 92 92 92 50.3 60.7 48.4 51.5 53.1 45.6 52.8 91 93 83 97 91 92 92 50.1 52.7 48.2 53.6 52.7 45.3 52.9 87 89 83 83 87 85 94 48.1 50.2 48.1 46.2 50.3 42.2 54.0 90 97 100 91 90 93 49.7 55.0 58.1 48.6 52.8 44.6 53.1 84 85 82 83 85 46.4 48.2 47.7 48.0 50.9 41.2 48.5 95 83 91 92 89 49.6 53.7 48.5 49.4 53.0 45.6 50.7 93 88 94 85 89 92 48.5 52.5 51.2 51.9 49.5 44.3 52.5 90 71 77 86 81 90 46.0 51.2 41.5 42.8 49.8 40.1 51.5 60 71 78 84 93 45.2 48.6 35.1 39.1 45.4 41.6 53.2 84 82 83 76 82 74 87 92 45.8 42.9 48.0 44.1 42.8 43.1 52.8 82 81 64 75 86 89 45.2 45.8 37.5 44.1 43.7 42.4 51.0 85 81 71 81 87 92 46.7 45.9 41.2 46.1 46.7 43.0 52.7 90 84 79 91 96 49.5 47.4 46.2 47.9 50.0 44.8 54.9 83 1923. January February March April 1 Compiled by the Credit Clearing House from reports to it by manufacturers and wholesalers on items of credit facts from their ledgers concerning merchants or jobbers to whom they sell. The numerical data given above show the percentage which the number of payment items reported bears to the total number of transactions reported. The commodities covered by these transactions are largely textile. The year 1916 is taken as a base, as payments were abnormally high in 1919. *3 California, Oregon, and Washington. Arizona, New Mexico. Colorado, Utah, Nevada, Idaho, and Wyoming. *5 Montana. North and South Dakota, Minnesota, and Wisconsin. Kansas, Nebraska, Iowa, Missouri, Illinois, Indiana, Kentucky, and Ohio. 6 Texas, Oklahoma, Arkansas, Louisiana, Mississippi, Alabama, Tennessee, Georgia, Florida, North and South Carolina. 7 States east of and including Pennsylvania, West Virginia, and Virginia. 164 CREDIT CONDITIONS. Table 118.—INDEX NUMBERS. Based on data from commercial and trade sources.1 [Base year in bold-faced type; numerical data on opposite page.] INDEBTEDNESS. ORDERS. YEAR AND MONTH. United Pacific Moun- North tain AgriculStates average. Coast.* Section^ tural.* Middle Agricultural. & South Agricultural.* BastJ United Pacific Moun- North Middle South tain States Agricul- Agricul- Agriculaverage. Coasts Section.^ tural.* tural.' tural.' East.* Relative to 1916. 1916 m o . av. 1917 m o . av.. 1918 m o . av., 1919 m o . av.. 1920 m o . av.. 1921 m o . av.. 1922 m o . av.. 1920. September.... October November December 100 101 102 103 101 89 97 100 100 94 94 94 78 99 100 100 100 104 106 104 103 87 96 97 82 113 106 90 115 110 98 77 85 81 94 93 85 71 93 92 92 58 88 84 82 59 90 87 86 78 91 112 109 88 95 105 104 84 88 95 98 83 95 101 97 88 91 91 89 96 103 100 94 96 102 107 99 95 94 86 76 90 90 93 75 94 102 111 94 103 106 113 99 91 90 94 91 90 83 73 1921. January February March April 63 88 86 84 59 73 72 80 58 May.... June July.... August. 82 91 99 99 70 82 96 92 82 82 80 67 90 97 79 89 93 100 101 98 109 106 102 92 105 108 106 95 74 September., October November.. December.. 100 105 97 100 94 82 93 81 68 78 106 108 110 94 108 102 99 90 106 106 109 109 99 67 100 93 91 94 112 100 104 108 97 81 79 100 98 89 81 94 91 116 100 102 113 100 112 114 99 104 66 92 90 101 98 119 100 93 90 91 89 92 110 100 94 94 90 94 94 112 100 94 100 92 92 87 94 94 107 85 81 89 94 112 85 91 100 108 96 84 77 102 104 107 93 104 106 108 91 96 79 85 76 76 94 93 74 78 92 103 84 82 91 97 96 87 90 100 95 91 92 96 92 94 89 84 105 101 93 90 88 95 91 87 94 101 105 109 92 111 104 117 107 111 106 110 87 96 111 108 95 103 107 113 90 94 103 105 92 107 102 107 109 102 98 108 117 100 105 114 114 117 101 126 99 95 95 104 108 98 95 110 111 106 100 105 106 99 95 107 115 111 110 110 118 102 119 109 121 109 110 125 97 114 114 116 121 110 106 110 110 107 106 105 115 114 112 111 112 121 130 120 134 123 131 120 134 121 117 118 119 106 112 104 116 94 92 1922. 92 93 97 90 87 May.... June July.... August. 87 96 101 109 85 92 105 115 77 96 105 117 126 82 108 118 125 97 96 101 109 83 83 89 96 September.. October November.. December.. 107 96 101 100 106 103 105 111 97 101 109 112 113 103 100 114 104 108 101 109 105 103 83 87 90 January February March April 108 113 117 117 127 1923. January February.... March April See footnotes on opposite page, except boundaries of districts, on page 159. 118 119 135 127 108 116 126 134 165 CREDIT CONDITIONS. Table 119.—NUMERICAL DATA. From commercial and trade sources.1 [Base year in bold-faced type; index numbers on opposite page.] INDEBTEDNESS. ORDERS. United Pacific Moun- North Middle South tain 2 Agricul- Agricul- AgriculStates average. Coast. Sectton.3 tural.* tural.* tural.e YEAR AND MONTH. East.? United Pacific Moun- North Middle South 2 tain States Agricul- Agricul- Agricul- East.' average. Coast. Sections tural.4 tural.^ tural.e Percentage of total recorded transactions. 1916 mo. av 27.6 33.2 30.6 25.8 27.2 27.7 26.3 38.8 1917 mo. av 33.1 31.3 32.2 29.7 25.4 27.5 27.4 27.4 36.2 1918 mo. av 28.0 28.2 28.0 28.7 27.5 28.0 35.2 1919 mo. av 28.3 31.3 30.5 27.3 29.3 28.2 27.4 34.1 1920 mo. av 28.0 31.2 28.8 26.3 29.8 27.4 27.2 36.2 1921 mo. av 24.6 25.9 23.8 25.6 24.9 22.9 36.6 1922 mo. av 26.9 32.9 25.0 28.5 27.1 29.3 27.5 23.3 43.3 1920. September... October November December 29.7 32.6 29.3 29.2 31.2 29.5 28.6 36.2 29.2 30.0 29.6 27.3 29.9 29.5 28.7 38.7 26.3 27.5 25.0 23.2 26.6 27.5 26.1 40.2 20.3 25.1 21.0 19.8 23.2 19.7 17.7 1921. January February March April 34.2 33.6 30.6 27.6 32.1 31.0 39.6 34.5 33.0 33.7 30.9 34.7 33.9 41.1 38.8 37.8 35.7 40.6 39.3 36.1 3S.1 36.2 35.0 35.4 37.4 33.5 35.5 34.1 35.5 31.7 34.7 35.4 38.1 34.9 35.6 35.7 38.0 37.1 42.8 42.3 43.6 44.1 34.9 33.8 39.0 34.7 36.1 37.9 33.6 34.5 38.1 37.6 42.1 32.9 35.7 38.5 38.5 39.2 42.9 41.9 35.6 39.4 39.2 39.4 40.5 43.9 42.6 17.5 19.5 17.7 20.8 19.3 16.0 15.6 37.8 27.9 31.3 32.8 35.2 41.9 37.9 24.4 24.3 25.4 24.2 25.2 24.3 23.8 31.6 22.7 33.1 29.4 28.1 34.3 33.1 23.8 23.8 24.7 23.9 24.9 23.3 23.0 30.6 27.3 27.4 29.4 29.4 33.2 30.1 23.3 26.4 20.8 22.0 25.1 22.6 22.6 35.9 27.2 30.5 36.5 34.7 36.9 36.5 May June July.... August. 22.7 23.4 25.0 20.0 23.8 23.2 21.9 38.3 31.6 36.2 37.8 37.7 38.9 39.1 25.0 27.3 23. S 23.4 25.8 24.5 25.1 36.5 33.6 34.9 37.3 36.0 37.3 37.2 27.4 31.9 27.2 29.0 28.5 26.3 26.6 35.8 27.3 32.0 33.7 34.5 38.2 35.9 27.2 30.4 27.3 28.1 28.3 27.2 25.4 34.5 28.8 30.9 34.8 34.7 35.6 34.3 September. October November.. December.. 27.0 27.2 27.4 23.4 27.9 28.3 24.6 35.8 36.7 36.0 29.7 23.6 27.1 29.6 22.7 31.5 38.1 33.6 26.4 36.3 39.2 36.9 27.1 38.4 37.1 39.1 38.0 42.1 24.6 22.4 24.1 22.9 25.5 27.3 20.1 40.9 35.7 36.6 43.0 40.5 42.0 40.2 25.5 27.6 26.8 24.7 26.0 26.3 23.6 42.2 39.9 38.0 41. S 42.7 42.5 42.2 1922. January February— March April May June July August September.. October November.. December.. 25.4 29.3 26.9 24.2 27.9 25.3 23.1 42.3 40.0 39.2 38.4 41.0 45.1 41.5 25.6 31.0 27.4 26.2 28.9 24.8 22.7 39.7 34.1 40.5 36.8 37.2 43.0 38.9 26.9 32.0 28.6 28.6 30.6 26.0 23.4 38.1 36.0 35.0 36.7 36.0 40.4 37.2 24.8 28.9 22.9 24.3 26.8 25.3 22.5 41.9 38.9 43.3 40.3 41.5 42.6 41.9 24.1 28.3 30.6 34.7 38.2 23.5 27.0 27.3 30.2 24. 8 22.2 45.7 41.6 40.0 41.7 44.8 43.2 44.2 42.8 37.8 44.1 44.4 45.0 45.2 33.9 41.8 37.5 38.0 43.2 43.5 32. 5 40.2 35.0 40.6 37.4 44.7 29.5 21.8 21.9 23.4 25.3 44. S 27. 0 30.2 26.9 26.7 28.1 30.3 42.8 43.5 -r 42.3 45.2 46.8 44.4 43.2 43.9 45.9 44.9 45.5 45.6 41.5 45.7 45.0 42.4 49.4 46.2 52.2 48.0 47.1 52.5 26.4 27.9 I 30.0 32.1 43.1 42.7 29.5 35.1 29.6 29.2 31.0 30.0 27.2 43.6 26.4 3-1.3 30.8 26. 5 28.2 27.9 21.9 45.4 27.9 34. S 33.4 25. 8 29.5 30.2 22. 9 45. 5 41. 44. 5 41. 1 37.0 34.4 25. 3 30.7 29.0 23.7 49.3 45. 8 1923. January February March April i Compiled by the Credit Clearing House from reports to it by manufacturers and wholesalers on items of credit facts from their ledgers concerning merchants or jobbers to whom they sell. The numerical data given above show the percentage which the number of items reported relating to orders or to creation of indebtedness bears to the total number of transactions reported. As one transaction may cover both an order and an indebtedness or a payment, the sum of the percentages of orders, indebtedness, and pavments will usually exceed 100 per cent. The commodities covered are largely textiles, and the individual orders are stated to average from $250 to $600, depending on trade conditions. The year 1916 is taken as a base, as it is believed to be more nearly normal than 1919, in which orders and payments were unusually large and indebtedness unusually small. For boundaries of districts see page 163. 166 FOREIGN EXCHANGE. Table 120.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] EUROPE. YEAR AND MONTH. England. France. Italy. Belgium. ASIA. Ger- Nether- Sweden. many. lands. THE AMERICAS. Switzerland. Japan. India.' Canada. Argentina. Rra7i, Chile. INDEX NUMBER.3 Relative to par. 100 100 106 103 100 101 1915 average.. 94 87 97 1916 average. 88 80 99 102 100 73 1917 average. 90 71 109 103 103 77 119 107 104 78 Par value 1914 average.. 1918 average.. 1919 average.. 1920 average.. 1921 average.. 1922 average.. 1920. September October November December 1921. January February March April 100 98 91 75 79 91 92 71 36 39 42 69 59 26 22 25 72 35 22 37 71 34 20 71 31 19 72 31 100 100 100 100 101 100 1OO 1OO 1OO 1OO 4 100 100 72 13 97 95 103 96 103 115 88 38 7 86 76 101 89 94 94 65 38 5 84 84 97 90 76 40 62 62 40 0.96 85 40 63 90 88 56 91 84 98 96 59 78 75 84 103 77 74 82 103 63 54 80 61 33 75 71 80 102 61 80 51 72 58 18 32 77 73 80 101 55 82 47 73 57 80 81 59 82 47 73 60 83 85 57 83. 48 74 62 85 89 97 53 81 47 76 62 97 54 89 77 43 66 63 90 74 42 61 77 33 18 35 7 80 37 19 39 7 80 36 20 38 7 81 38 24 39 7 90 May.... June July.... August. 82 43 27 43 7 88 93 97 54 78 42 26 42 6 83 84 88 96 50 72 36 56 63 75 40 23 40 5 79 79 86 96 47 68 32 53 62 75 40 22 39 5 77 79 87 97 50 90 69 36 52 September. October November. December.. 77 38 22 37 4 79 81 89 97 54 90 72 38 55 60 79 38 21 37 3 83 85 94 96 56 91 76 39 60 61 82 37 21 36 2 87 87 97 96 55 92 76 39 56 61 86 40 23 39 2 91 91 101 56 93 78 39 55 64 87 42 23 40 93 101 95 57 95 80 65 25 43 94 97 101 95 58 96 86 39 41 52 45 53 69 90 47 26 44 94 98 101 95 57 97 86 42 58 70 91 48 28 44 2 2 2 1 91 90 94 97 101 95 57 84 42 58 72 1 1 1 0.4 96 100 95 59 85 42 61 72 96 59 59 99 85 42 65 71 99 85 42 66 70 97 1922. January February March April May... June July.... August. September. October November.. December.. 1923. January February March April 91 47 27 44 91 46 26 42 91 43 24 40 92 41 23 39 91 40 22 37 91 38 22 36 92 36 23 33 95 37 26 34 0.3 0.14 0.06 0.06 35 25 31 0.03 85 96 96 96 97 96 97 100 85 41 70 97 96 59 100 84 39 70 68 95 96 59 100 84 35 70 96 97 61 100 85 37 63 98 63 99 37 64 67 67 70 35 66 68 96 99 97 98 100 99 101 100 97 See footnotes on opposite page. 65 167 FOREIGN EXCHANGE. Table 121.—NTJMEBICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] EUROPE. England. France. Italy. Belgium. ASIA. Switzer- Japan. Ger- Nethermany. lands. Sweden. land. THE AMERICAS. India.' Canada. Argentina. Brazil. Chile. YEAR AND MONTH. Rate per Rate per Rate per Rate per Rate per Rate per Rate per Rate per Rate per Rate per Rate per Rate per Rate per Rate per pound gold lire. mark. guilder. krone. franc. rupee. dollar. franc. yen. milreis. paper sterling. franc. $0,193 .199 .182 .170 .174 SO. 193 80.193 .195 ' .169 .155 .137 $0,238 $0,402 $0*.268 Par value*... 1914 average.. 1915 average.. 1916 average.. 1917 average.. $4.87 5.14 4.78 4.76 4.76 $0,193 .194 .187 .191 .211 $0,499 .491 .495 .507 .513 $0,487 1918 average.. 1919 average.. 1920 average.. 1921 average.. 1922 average.. 4.76 4.43 3.66 3.85 4.43 .178 .137 .070 .075 .082 .134 .114 .050 .043 .048 .128 .074 .074 .077 .030 .018 .012 .0023 .391 .344 337 .385 .255 .205 .226 .262 .229 .190 .169 .174 .190 .533 .512 .504 .483 .478 .403 .389 .263 .287 September... October November... December 3.51 3.47 3.44 3.49 .067 .065 .060 .059 .043 .039 .036 .035 .072 .069 .064 .062 .017 .015 .013 .014 .313 .309 .302 .310 .202 .197 .191 .196 .163 .159 .155 .154 .514 .513 .508 .503 ! 1921. i January I February — i March April 3.74 3.88 3.91 3.93 .064 .072 .035 .036 .038 .046 .068 .075 .074 .074 .016 .016 .016 .016 .329 .342 .344 .348 .214 .223 .228 .236 .157 .164 .171 .174 May June July August.. 3.98 3.78 3.63 3.65 .084 .081 .078 .078 053 050 045 043 .084 .080 .076 .075 .016 .014 .013 .012 .356 .333 .318 .310 .235 .226 .210 .211 September. October.... November. December.. 3.72 4 16 .073 .073 .072 .078 .042 .040 .041 .044 .072 .071 .069 .075 .010 .007 .004 .005 .317 .335 .350 .363 4.22 4.36 4.38 4.41 .082 .087 .090 .092 .044 .049 .051 .054 .078 .083 .084 .085 .005 .003 4.45 4.46 .091 .088 .082 .080 .053 .050 .046 .045 .084 .082 .078 .075 .003 .003 .002 .001 4.43 4.44 4.48 4.61 .077 .074 .069 .072 .043 .042 .045 .050 .072 .069 .064 .066 .0007 .0003 .0001 .0001 4.65 .067 .049 .061 .00007 $1,000 $0,965 $0,324 $0,195 .941 .964 .997 .234 .236 .249 .985 .907 .731 .818 .253 .267 .225 .131 .129 .226 .184 .126 .122 .336 .306 .297 .269 .904 .909 .893 .863 .846 .814 .769 .787 .183 .175 .166 .153 .168 .156 .140 .142 .487 .487 .486 .485 .286 .277 .260 .263 .876 .881 .878 .891 .794 .804 .782 .739 .151 .156 .151 .140 .143 .144 .148 .130 .179 .170 .165 .168 .485 .480 .480 .484 .265 .245 .231 .242 .897 .718 .699 .658 .666 .137 .116 .104 .118 .119 .109 .104 .102 .218 .229 .232 .245 .172 .182 .188 .194 .482 .477 .479 .479 .264 .274 .269 .274 .914 .915 .928 .731 .735 .748 .124 .127 .126 .127 .107 .117 .110 .108 .367 .376 .378 .379 .249 .261 .267 .260 .194 .195 .194 .194 .476 .474 .473 .474 .278 .281 .278 .278 .948 .963 .969 .978 .772 .826 .828 .807 .126 .132 .137 .136 .101 .104 .114 .113 .387 .387 .258 .258 .259 .263 .192 .190 .191 .190 .474 .478 .478 .477 .288 .290 .997 .824 .819 .818 .821 .137 .137 .136 .134 .119 .126 .130 .137 .265 .266 .268 .269 .188 .184 .184 .189 .481 .481 .484 .287 .295 .306 1.000 1.000 1.000 .994 .811 .814 .822 .856 .125 .113 .119 .119 .137 .136 .124 .124 .317 .991 .847 .114 .128 .956 1920. 1922. January February... March April May.... June July... August. September. October.... November. December.. 1923. January February March April 3 87 3 97 4.45 4.45 .072 .070 .005 .004 .390 .393 .398 .269 i Daily averages of noon rates for cable transfers reported to the Treasury daily by the New York Federal Reserve Bank. Average figures for the years 1914 to 1918, inclusive, where given, are weekly averages of commercial quotations from the A nnalist. * Parity established October, 1920. Prior to that, par value of the rupee was 32.44 cents. • The foreign exchange index number recently computed by the Federal Reserve Board is based upon the average rates of exchange for 17 countries, Germany excluded, and is here substituted for the weighted geometric average previously published. The index represents the "aggregative" average of cable transfer rates on these countries and is based on the total volume of imports and exports of merchandise, gold, and silver from and to each country for the preceding twelve months. The countries used in computing the index are Belgium, Denmark, England, France, Italy, Netherlands, Norway, Spain, Sweden. Switzerland. Canada. Argentina, Brazil, Chile, China, India, and Japan. The method of computation and the reasons for the change are explained in detail in the Federal Reserve Bulletin for October, 1922, page 1260. « Average value of the paper peso in 1913. 168 IMPORTS INTO THE UNITED STATES. Table 122.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] FROM EUROPE. YEAR AND MONTH. Total. France. Germany. United Kingdom. Italy. FROM NORTH AMERICA. FROM SOUTH AMERICA. Total. Total. Canada. FROM ASIA FROM AND OCEANIA. AFRICA GRAND TOTAL. Argentina. Total. Japan. Total. Relative to 1913. 1913 monthly average.. 1914 monthly average.. 1915 monthly average.. 1916 monthly average.. 1917 monthly average.. 100 91 64 100 75 56 78 71 1918 monthly average.. 1919 monthly average.. 1920 monthly average.. 1921 monthly average.. 1922 monthly average.. 37 43 0 87 on 6 142 119 48 88 102 44 126 106 63 122 101 52 114 101 49 94 103 37 83 86 76 100 107 1920. September October November . . 1OO 1OO 1OO 1OO 1OO 1OO 1OO 1OO 1OO 1OO 1OO ' 81 100 106 113 115 116 220 100 107 83 loo ; 24 93 95 131 125 163 370 116 109 146 99 : 3 109 112 169 167 216 455 193 184 261 133 I 0 66 103 224 291 302 697 271 256 308 165 44 55 250 318 308 893 330 305 360 109 107 114 297 348 347 779 378 414 473 218 136 189 427 431 384 812 467 419 633 294 113 88 194 236 149 234 207 254 170 140 88 151 325 456 377 1,074 380 321 214 243 95 148 308 605 287 703 369 258 35 223 115 102 118 313 532 243 380 358 189 152 215 85 275 503 217 444 266 144 175 178 30 72 77 198 289 186 269 189 108 222 140 32 45 83 243 278 160 249 195 142 159 144 123 48 115 120 284 264 198 395 172 130 256 169 96 100 43 117 115 276 264 185 251 232 287 208 170 84 102 42 155 85 214 221 141 228 186 276 115 137 76 93 45 107 65 168 197 119 191 204 246 158 124 79 98 54 109 66 146 199 119 218 200 304 82 119 82 94 48 134 71 156 200 144 312 227 311 71 130 120 63 73 | 1921. February March April May June July August September October November . ... . . 1922. Jarmary , February April May June Julv August 88 117 44 118 81 143 204 103 132 194 275 62 93 92 50 150 165 248 179 207 i 39 122 173 243 202 ! 99 47 117 109 160 226 164 300 273 488 141 101 225 202 143 218 126 120 107 162 141 97 85 97 345 159 95 92 47 100 92 174 212 138 245 248 339 228 145 99 101 58 69 117 178 152 291 209 272 318 144 119 112 63 119 147 225 170 219 144 222 239 235 523 171 91 93 55 78 98 195 180 139 208 223 230 327 145 103 100 56 121 112 221 239 200 285 265 360 217 169 106 87 104 120 223 259 170 370 306 174 78 112 123 237 284 181 386 252 185 169 117 116 87 139 243 272 166 372 329 435 246 465 100 104 63 63 70 194 188 113 96 70 95 141 164 237 167 394 244 326 95 153 October 1923. March April ! \ i See footnotes on opposite page. i 169 IMPORTS INTO THE UNITED STATES. Table 123.—NUMEEICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] FROM NORTH AMERICA. FROM EUROPE. YEAR AND MONTH. Total. France. Germany. Italy. United Kingdom. FROM SOUTH AMERICA. FROM ASIA FROM AND OCEANIA. AFRICA GRAND TOTAL. Total. Canada. Total. Argentina. Total. Japan. Total. Thousands of dollars. 1913 1914 1915 1916 1917 monthly average.. $72,056 $11,578 $15,351 $4,610 65,293 monthly average.. 12,449 4,601 8,685 45,529 3,746 monthly average.. 4,297 6,493 52,776 monthly average.. 485 5,020 9,074 45,929 13 3,040 monthly average.. 8,220 1918 1919 1920 1921 1922 monthly average.. monthly average.. monthly average.. monthly average.. monthly average.. $22,663 $32,485 $11,844 $16,522 $2,131 36,783 13,669 19,127 23,949 4,690 14,800 42,455 26,857 21,525 7,890 19,771 54,870 35,634 25,457 34,473 72,665 49,902 23,340 14,855 26,510 62,544 102,320 63,745 4,959 10,318 13,805 11,824 26 884 7,403 6,690 2,028 4,922 6,280 5,191 12,385 25,766 42,821 19,900 81,218 96,481 138,555 62,904 37,641 41,225 1920. September October November December 91,041 87,797 82,035 67,432 12,325 11,749 11,712 11,896 9,645 7,923 7,558 5,666 4,035 4,365 5,320 4,688 34,277 33,613 26,824 19,335 1921. January February March April 59,579 54,830 76,798 69,156 10,012 11,578 14,200 11,591 4,630 4,952 7,368 6,676 3,339 2,061 5,299 5,413 May.... June July.... August.. 60,804 54,718 56,754 59,139 11,823 10,785 11,316 10,923 6,456 6,975 8,217 7,309 September October November December 63,408 66,769 70,254 72,733 13,565 10,677 13,930 11,484 1922. January February March April 68,113 71,491 85,796 65,667 May June July.... August.. September3 October November. December.. ! $26,344 $8,245 8,808 26,265 30,489 15,174 50,865 21,139 71,455 $1,978 1,638 2,887 5,158 6,089 $149,383 149,106 148,216 199,303 246,039 123,058 54,447 25,162 34,154 34,548 20,939 7,126 9,349 12,524 3,365 252,601 325,364 439,873 209,096 9,454 100,119 97,157 94,205 70,061 26,437 21,240 15,566 11,864 4,227 700 3,015 3,457 363,290 333,196 321,209 266,057 30,750 26,509 32,685 30,535 5,730 5,316 8,413 5,345 49,898 51,244 45,309 61,079 8,939 11,711 10,678 23,637 4,391 3,148 5,064 4,140 208,797 214,530 251,969 254,579 26,143 23,289 23,627 23,695 23,358 19,620 19,700 23,799 4,854 4,062 4,638 6,646 48,871 53,648 52,737 59,849 22,760 20,253 25,106 25,646 2,275 3,129 1,618 1,399 204,911 185,690 178,159 194,769 46,349 53,443 56,317 51,869 24,189 29,416 28,767 26,709 17,133 17,712 26,717 27,106 2,818 2,995 4,803 4,307 51,170 47,241 53,345 78,969 22,700 17,077 22,519 40,242 1,233 2,843 4,315 6,819 179,292 188,008 210,948 237,495 20,805 26,499 33,362 22,124 56,529 57,701 73,235 63,323 25,214 20,137 25,937 21,296 22,793 25,114 23,745 22,889 5,229 6,193 4,727 4,440 65,237 55,146 63,057 58,725 27,941 22,406 19,370 18,990 4,513 6,291 10,339 6,470 217,185 215,743 256,178 217,023 5,584 4,791 5,155 4,017 25,439 27,141 27,938 31,486 71,718 72,322 76,935 78,849 28,249^ 30,733 33,682 32,185 33,032 29,158 29,964 27,389 6,082 7,891 8,234 7,920 69,831 80,535 66,479 86,713 29,693 35,825 20,261 38,362 4,287 1,975 3,655 3,835 252,817 260,461 252,128 281,413 4,395 31,851 53,191 28,081 27,646 8,405 64,402 26,870 1,875 228,795 27,953 50,911 57,294 63,417 24,635 19,032 16,597 17,315 4,994 105,548 100,163 101,828 89,222 53,977 71,619 63,013 59,581 62,355 47,379 40,127 35,884 22,883 14,971 17,438 18,885 27,090 26,172 64,179 78,798 92,112 34,232 32,874 31,215 31,285 7,131 4,946 5,018 5,728 19,374 14,842 14,984 15,983 69,603 54,575 47,351 50,583 6,785 7,625 5,914 7,372 5,438 6,917 5,607 5,393 18,299 19,215 21,888 24,626 10,654 11,656 13,025 10,742 7,224 8,901 9,633 8,497 4,590 3,180 5,501 3,598 73,949 76,470 75,095 84,627 11,591 10,025 9,059 13,390 8,520 9,595 9,598 10,737 81,682 11,146 10,683 86,837 1923. January February March April 1 Compiled by the U.S. Department of Commerce, Bureau of Foreign and Domestic Commerce, and represent imports of merchandise only. Up to and including May, 1921, import values represented "actual market value or wholesale price at the time of exportation to the United States, in the principal markets of the country from whence exported, including the value of all containers and coverings, whether holding liquids or solids, and all other costs, charges, and expenses incident to placing the merchant dise in condition, packed ready for shipment to the United States." (Tariff act of 1913.) Beginning with June, 1921. the import values are either the actual foreign market value, as defined above, or "the export value, including any export tax imposed by the country of exportation," whichever is higher. (Emergency tarii? act of May 27,1921.) 1 Figures for September, 1922, include only the first 21 days of September, during which the old tariff law was m force. 170 EXPORTS FROM THE UNITED STATES. Table 124.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] TO NdBTH AMERICA. TO EUROPE. YEAR AND MONTH. Total. France. Germany. Italy. United Kingdom. Total. TO SOUTH AMERICA. Canada. Total. TO ASIA AND OCEANIA. TO AFRICA GRAND TOTAL. Argentina. Total. Japan. Total. Relative to 1913. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average.. average.. average.. average.. average.. 100 89 172 254 271 100 111 325 559 611 100 45 3 1 (*) 1OO 1OO 1OO 1OO 1OO 1OO 1OO 1OO 1OO 124 102 80 77 62 49 85 67 88 85 343 203 93 86 98 96 116 73 128 143 386 319 154 150 150 140 226 175 187 221 533 340 210 206 213 195 263 298 178 251 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly average.. average.. average.. average.. average.. 257 346 298 158 139 605 580 439 146 173 (*) 26 88 106 90 626 349 220 220 207 191 290 438 205 248 563 386 216 182 301 284 432 586 338 319 473 328 321 241 426 389 502 605 573 331 274 159 188 147 187 202 311 377 252 181 192 145 152 143 154 174 265 350 193 154 251 339 368 448 289 336 260 446 475 353 190 317 292 544 326 358 258 490 477 414 232 710 363 286 412 254 339 206 535 568 398 173 639 327 311 460 296 68 111 120 199 487 282 323 184 551 506 499 352 688 348 260 279 166 448 225 316 162 503 529 550 440 576 316 191 159 132 397 190 222 134 318 359 493 423 506 235 159 153 104 258 159 192 143 234 266 311 315 365 187 140 106 65 208 171 188 146 170 160 256 233 240 164 141 77 70 344 163 179 150 148 168 234 236 193 159 142 99 105 347 131 184 146 143 161 263 328 167 163 July August 147 109 124 209 145 174 155 127 158 204 280 154 157 165 117 130 213 173 204 203 114 120 233 218 174 177 September October November.. December 142 168 125 150 121 174 167 114 113 253 374 110 157 157 122 202 283 202 173 123 125 109 116 123 154 143 133 150 90 83 111 293 296 483 502 173 202 166 142 124 134 74 229 140 124 105 133 158 340 590 166 143 1OO 1920. October December 1931. January February March April Mav . ... 1932. January February March April May June July August Dfioember 119 138 81 141 132 116 97 113 135 316 537 134 103 125 75 86 108 119 115 136 252 361 180 135 121 144 149 172 122 100 148 106 168 147 147 142 105 132 147 •- September October 617 141 152 311 438 218 159 129 150 184 242 270 164 154 271 149 198 162 1 135 157 89 144 151 142 132 149 176 249 308 149 179 96 182 153 151 171 197 166 69 276 127 151 1 160 161 270 250 314 127 143 147 308 178 146 124 144 90 199 112 171 168 ! 154 154 218 204 197 146 224 132 172 74 193 144 165 ! 169 196 241 209 151 165 236 99 296 170 178 174 : 164 194 296 416 178 179 173 149 249 93 272 182 173 167 183 184 286 412 228 184 195 84 244 163 170 157 \ I ! 181 215 389 167 166 168 1923. i Fpbruarv March A.pril i I See footnotes on opposite page. 269 i 171 EXPORTS FROM THE UNITED STATES. Table 125.—NUMERICAL DATA. From Government sources.1 [Base year in bold-laced type; index numbers on opposite page.] TO NORTH AMERICA. TO EUROPE. Y E A R AND MONTH. Total. GerFrance. many. Italy. United Kingdom. Total. TO SOUTH AMERICA. Canada. Total. TO ASIA AND OCEANIA. TO AFRICA GRAND TOTAL. Argentina. Total. Japan. TotaL $4,582 2,261 4,403 6,406 8,925 817,319 14,700 20,099 39,211 45,567 85,208 3,479 3,811 9,096 15,528 82,411 8207,002 176,135 2,110 296,223 3,095 456,887 4,501 519,459 4,282 7,962 50,250 74,775 86,932 53,782 45,926 22,815 30,530 31,495 19,620 18,209 4,933 8,160 13,806 6,071 4,648 512,424 660,035 685,668 373,761 319,328 Thousands of dollars. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average. $124,964 812,827 829,328 average. 13,191 111,608 14,175 981 average. 214,451 41,733 188 average. 317,773 71,735 average. 338,538 78,399 36,556 $49,228 $50,098 $33,599 8,161 49,984 40,132 25,885 22,477 99,870 46,567 28,754 25,294 157,282 77,046 50,409 34,920 167,450 105,081 69,077 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly average. average. average. average. average. 1920. September October........ November. December 7,584 12,011 18,356 25,991 321,558 432,306 372,174 196,992 173,617 77,600 74,447 56,349 18,745 22,247 7,730 25,953 31,027 26,343 41,015 36,890 30,980 17,955 12,575 171,774 189,880 161,319 78,510 71,323 110,457 107,983 160,764 94,136 76,312 73,906 61,187 80,988 49,473 48,057 25,226 36,812 51,993 22,777 18,839 313,277 423,310 357,198 388,344 47,205 79,085 59,010 38,010 19,797 32,449 35,061 58,439 29,375 35,689 26,997 31,945 142,479 160,440 125,061 138,854 168,127 179,333 169,741 161,591 87,264 86,738 69,339 61,700 54,471 59,828 65,285 67,251 21,782 21,858 26,045 23,207 61,180 71,624 68,893 86,508 9,904 12,067 9,023 18,333 7,632 17,116 15,411 16,592 604,686 751,211 676,528 720,287 325,219 238,816 199,256 175,239 35,825 20,432 19,597 13,582 48,812 38,837 30,503 19,133 29,357 26,004 16,908 13,634 110,794 93,450 78,155 84,247 158,528 111,381 96,083 94,309 54,373 45,179 48,168 48,988 61,430 38,804 28,621 20,718 24,228 16,441 12,166 7,345 95,201 85,362 53,915 44,422 22,846 22,029 16,410 12,148 13,893 12,091 8,806 5,776 654,271 486,454 386,680 340,464 8,759 12,992 17,811 9,236 1921. January February March April May June July August 176,799 I 177,814 | 183,195 | 206,228 9,863 I 20,485 12,708 ! 30,796 13,946 36,324 15,050 38,284 22,537 22,743 13,674 13,944 ' 80,287 64,439 71,315 85,257 89,647 92,071 87,357 102,141 50,483 49,100 51,996 68,362 18,036 17,496 15,548 13,919 7,690 7,388 7,257 5,486 40,586 45,483 35,374 40,402 12,297 17,057 14,588 16,548 4,642 4,034 3,708 4,198 329,710 336,899 325,181 366,888 September October November December 21,579 | 36,774 25,849 26,266 19,259 24,326 17,249 21,786 9,857 59,475 18,554 ! 84,951 13,249 | 60,640 15,001 I 69,105 87,138 77,128 71,579 62,216 55,972 44,750 41,194 35,111 13,920 15,308 13,320 16,205 5,179 5,318 5,100 7,237 43,897 50,677 51,256 58,807 19,499 25,159 26,126 30,718 2,662 4,163 4,865 4,010 324,963 343,331 294,092 296,198 1922. January February March April ! 177,246 j 196,054 I 153,071 154,961 I I | 149,042 | 128,923 | 180,182 j 183,143 17,730 16,054 19,080 22,076 23,669 22,053 35,658 31,048 9,266 5,637 6,558 11,028 64,933 53,390 72,788 72,291 57,995 59,724 73,542 71,124 32,606 35,281 44,493 43,402 13,853 14,096 17,199 18,366 6,187 6,246 6,987 8,411 54,726 43,627 53,799 41,874 27,985 18,788 22,785 14,041 3,232 4,344 5,258 3,961 278,848 250,713 329,980 318,470 May.. June. July. August 168,754 186,701 158,634 | 154,886 20,117 22,945 21,243 18,466 26,105 28,191 20,315 26,317 9,473 11,933 18,111 13,042 74,486 75,246 62,346 55,264 71,050 75,896 75,616 85,573 44,288 47,944 49,514 56,492 18,158 20,929 19,530 18,800 8,064 9,023 7,378 7,053 43,074 46,811 43,251 37,795 16,036 16,363 16,024 10,646 6,534 4,780 4,282 4,751 307,569 335,117 301,313 301,805 164,595 i 22,025 206,019 30,215 215,802 31,928 186,727 25.062 21,716 28,981 27,385 24,742 12,674 19,384 17,800 15,989 70,853 83,928 89,731 80,412 83,985 89,124 86,858 85,262 55,363 58,460 55,989 52,833 20,621 20,079 22,304 22,128 8,991 8,900 8,430 9,871 38, 841 51, 197 49, 598 12, 556 21, 690 21, 455 46, 517 20. 237 5,049 4,301 5,490 3,792 313,092 370,720 380,057 344.425 Septeml>er October November December 1923. January... February. March April i j ! I T 1 Compiled by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, and represent exports, including reexports, of merchandise only. Values are those at time of exportation in the ports of the United States whence exported, except reexports from bonded warehouses, which are expressed in their import value, a Total for year 1917 is $3,275. No figures for 1918. 172 GOLD AND SILVER. Table 126.—(A) INDEX NUMBEES AND (B) NUMERICAL DATA. From Government and non-Government sources.1 [ Base year in bold-faced type.] SILVEB GOLD. GOLD. DomesPrice Price Ex- ProEx- tic re- Band I m in in Imducoutceipts New Lonports. ports. ports. ports. tion. York. don. put. at Y E A R AND mint. Imports. Exports. i DomesRand tic receipts output* at mint. SILVER Imports. Exports. ProQUC- tion. Price in New York. Price in London. MONTH. Thousands of dollars. Relative to 1913. Fine ounces. A.-INDEX NUMBEKS. 1913 mo.av. 1 0 0 1914 mo.av. 90 1915 mo.av. 709 1916 m a a v . 1,077 1917 mo.av. 867 1OO 1OO 243 105 1918 mo.av. 97 1919 mo.av. 120 673 1920 mo.av. 1921 mo.av. 1,085 432 1922 mo.av 1921. 634 January... February.. 803 March..... 1,644 A p r i l . . . . 1,538 Mav June... . July August 1OO 1OO 72 82 92 34 107 103 1 96 85 90 105 90 112 111 110 405 76 103 149 134 107 136 45 58 96 199 403 102 162 172 401 95 249 381 85 186 207 351 48 42 93 246 181 85 169 223 26 54 92 176 82 80 105 134 40 58 80 197 100 83 113 125 83 89 162 110 145 163 128 102 88 76 98 99 126 9 5 48 92 130 56 109 94 118 48 93 110 44 80 99 124 1,096 14 45 94 233 45 77 100 124 826 10 43 93 121 27 72 98 127 1,210 49 60 94 151 98 136 9 63 97 263 72 70 72 101 1,599 103 138 31 99 38 94 150 95 76 111 145 87 97 251 85 119 150 8 96 93 198 68 185 137 70 114 110 141 25 67 61 91 92 500 11 51 76 71 110 127 23 45 46 11 217 541 160 136 109 123 631 231 13 48 31 233 82 108 121 21 48 70 161 98 70 75 74 111 124 109 169 44 55 86 244 21 52 92 212 115 810 8 62 101 233 120 360 12 70 103 165 74 76 86 129 119 131 119 130 78 117 129 100 116 127 461 18 60 102 213 71 96 116 ! 128 393 230 81 106 132 62 93 114 i 125 345 45 71 104 196 126 87 109 498 35 56 108 263 132 91 107 1 rer by mines of Uni Geological Survey. DATA. $5,309 87,650 148,050 732,779 82,989 85,231 5,567 $ 0 , 5 9 8 2 7 . 5 7 3 698,275 4,782 18,551 2,163 4,300 6,038 155,083 .548 25.313 757,823 37,663 2,619 157,830 .497 6,247 2,874 86 23.675 4,467 772,128 57,166 12,999 133,597 2,689 .657 114 31.315 5,883 6,201 751,855 46,038 30,990 112,495 4,445 40.851 7,011 5,978 148 .814 170 184 Thou- Dollars Pence per sands of per standard ounce, fine fine ounces. ounce. 0.925 fine. 1OO 92 108 112 45 September October... November. December. atU_. product 1OO 95 j 45 May . . . June July August 1923. January February March April 1OO | 1OO 14 1922. January... February.. March April Thousands of dollars. ]B.—NUMERICAL 36 September. 1,245 887 October... November. 966 596 December. Ounces. ; ii6 114 5,170 6,378 35,729 57,604 22,931 3,422 30,682 26,841 1,991 3,073 86,472 71,093 62,377 80,183 86,314 701,722 694,174 679,801 676,216 585,577 5,948 7,451 7,338 5,270 5,901 21,071 19,918 9,468 4,298 5,234 5,651 4,723 4,714 4,477 4,623 33,634 42,627 87,272 80,662 2,725 1,036 66,664 66,322 70,775 71,303 651,593 558,137 671,123 681,382 4,835 4,862 3,872 3,298 6,691 5,337 2,919 2,319 4,907 5,465 6,077 4,437 .660 .592 58,171 43,576 64,247 84,902 1,063 67,052 63,821 88,474 93,128 687,776 678,490 689,555 711,526 6,956 3,627 4,513 7,853 2,353 1,424 5,113 3,743 4,277 4,022 3,902 4,017 .598 56,251 128,643 99,379 90,388 691,096 707,825 704,236 681,847 4,488 7,510 5,912 5,516 4,947 4,782 4,804 7,145 4,212 4,724 3,790 3,897 75,919 66,608 70,629 71,768 335,000 77,000 227,728 511,338 6,496 4,786 6,953 4,800 3,977 7,092 4,302 5,109 3,938 3,878 4,186 4,139 629,786 675,697 738,635 752,490 5,512 6,346 6,957 4,944 5,677 6,004 6,269 3,861 4,258 4,760 4,341 5,562 747,089 778,159 764,000 790,000 6,370 3,940 5,855 7.848 3,735 3,269 6,599 6,913 5,325 5,161 4.870 5,052 66,085 47,107 51,299 31,666 26,571 28,739 33,488 12,244 710 384 774 3,735 672 2,449 7,576 607 1,950 863 1,732 963 1,579 8,994 12,977 42,987 19,092 3,407 1,601 956 81,839 76,880 92,399 103,262 24,464 20,866 18,308 26,440 1,399 17,592 3,431 2,710 89,561 119,294 104,708 82,901 644 .968 1.111 1.009 .627 .675 .560 .593 .585 .603 .616 .662 .710 .682 .658 .655 .653 .644 .666 .712 .711 .702 .694 .695 680 .652 .638 47.516 57.059 61.590 36.841 34.338 39.985 34.745 32.479 34.250 34.165 34.971 37.481 38.096 40.082 41.442 38.750 35.645 35.035 33.891 33.269 34.080 36.023 35.900 35.644 34.957 35,305 34,498 32,066 31,383 173 CANADIAN INDUSTRY. Table 127.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA. Data from Government and non-Government sources.1 [Base year in bold-faced type.] NEWSPRINT PAPER. S Y E A R AND MONTH. I I xpon 1 £ tock: o RAILROAD !| OPERA- i TIONS.2 ! BUILDINGS. BUILDINGS. NEWSPRINT PAPER. Net Con- I tracts j awarded. I ating revenue. Produc- | Sniption. merits. Stocks. Exports. Contracts awarded. RAILROAD OPERATIONS.* Freight carried 1 mile. Net operating revenue. w Relative to 1919. av...I. av...|. av...1. av...l av...|. 1918 monthly a v . . . , 91 92 1919monthly a v . . . ! 100 • 100 1920monthly av... 1 109 j 108 1921 monthly a v . . . 101 | 99 1922 monthly a v . . . : 135 I 134 1921. January February March April 12,233 24,382 30,384 38,601 45,026 832,013 1,919,413 20,163 6,993 8,276 7,070 1,838,608 1,471,776 2,349,614 2,598,892 5,342,357 4,342,664 6,915,408 7,323,404 13,352 i 50,425 73,250 10,687 j 59,4(59 67,342 17,045 62,969 91,013 ! 10,600 63,077 8,320 15,836 21,301 20,011 25,987 2,585,756 2,245,883 2,605,416 2,184,524 4,688,726 2,650,772 1,040,158 2,972,4S0 71,518 63,607 65,619 69,221 67,360 61,575 64,185 66,260 57,342 52,836 75,774 47,464 8,948 17,641 10,257 21,622 | 2,195,008 ! 3 2,072,166 2,002,311 ; 3 1,431,832 2,122,115 i 1,357, 768 1,759,032 1,259,159 49,308 54,715 68,977 72,295 49,980 56,412 66,869 75,435 44,178 42,380 57,318 65,322 26,860 26,437 17, 741 36,307 1,603,459 1,549,754 1,701,480 1,900,867 1,476,234 j 1,8S3, S49 I 2,219,649 5,194,575 101 160 103 53 68,983 75,481 74,537 78,599 68,164 79,056 73,380 79,433 13,896 61,207 65,708 67,055 72,660 19,566 18,997 16,640 19,119 2,643,289 3,423,734 2,939,166 2,545,408 6,287,477 9,969,263 6,393,845 3,309,134 57 21 81,418 78,294 85,973 83,731 83,555 80,476 87,572 82,924 11,727 9,535 7,919 8,726 67,701 70,729 95,196 61,453 8,393 10,718 13,465 29,428 1,900,310 2,011,226 2,436,149 1,728,754 3 827,619 «140,316 3,568,803 1,315,876 63 40 39 69 94,502 92,588 90,282 98,141 94,812 93,901 85,447 97,764 8,375 6,893 11,513 11,813 75,783 86,480 77,004 84,024 34,827 35,620 26,694 25,188 1,954,699 1,743,831 1,787,837 1,902,073 3,936,176 2,464,101 2,409,973 4,315,556 117 189 149 94,444 97,467 97,148 92,563 92,210 97,362 96,232 99,902 14,083 14,085 14,913 7,623 79,558 81,552 94,532 85,506 29,314 24,270 21,454 52,472 3,017,717 7,273, 576 4,332,260 11,741,284 4,193,S02 I 9,283,522 22 44 55 70 82 100 63 22 26 22 100 96 77 122 135 26 49 67 63 81 135 117 136 114 75 61,527 43 j 67,284 17 73,601 48 \ 67,738 90,546 28 55 32 68 114 84 83 55 113 84 24 81 30 138 106 91 100 100 85 135 84 108 114 114 104 96 137 Dollars. B.—NUMERICAL DATA. A.—INDEX NUMBERS. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly Thousands; Thousands ; of dollars, j of tons. Short tons. Relative to 1913. 106 106 95 98 103 99 91 94 98 120 136 148 172 May June July August 73 81 103 107 74 83 9S 111 166 135 154 126 77 104 118 September.. October November.. December.. 103 112 111 117 100 116 108 117 135 106 115 110 111 119 121 132 61 59 52 121 116 128 124 123 118 129 122 93 76 63 69 123 26 33 42 127 92 90 140 138 134 146 140 138 126 144 55 91 94 137 157 139 152 140 ! 145 144 138 136 143 142 147 112 112 118 61 144 148 171 155 100 86 70 111 118 104 111 22 92 20 36 178 153 133 62,386 67,922 12,597 15,118 17,110 18,663 21,632 20,920 17,007 19,367 15,919 17,030 13,399 14,482 ! 55,203 86,224,251 1922. January February March April May.... June July../. August. September October November December 128 172 111 105 109 ! 11)2 I l l j; 91 83 || 93 79 \ 99 92 | 157 76 I 226 67 218 164 | 1923. January February March April 1 Production, shipments, and mill stocks of newsprint, comprising practically total production of Canada, furnished by the News Print Service Bureau; exports of newsprint paper and railroad operations compiled by Canadian Department of Trade and Commerce: building contracts from McLean Building Reports (Ltd.). « Annual figures cover all railroads in Canada; monthly reports cover all railroads with annual operating revenues of $500,000 or over, which include 98 per cent of the total revenues of all roads. a Deficit. 174 CANADIAN FINANCE AND TRADE. Table 128.—INDEX NUMBERS. From Government and non-Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] BUSINESS FAILURES. YEAB AND MONTH. ' BANK CLEARINGS. EMPLOYMENT SERVICE OF CANADA. BOND ISSUES. Placements. Corpo- Appli- jVacan-j Liabil|Municration Finns. ities. " s.| cies. provinbonds. 11 cial. \ ReguCasGovern- lar. Relative to 1913. 1913 monthly average, average., 1915 monthly average..; 1916 monthly average..! 1917 monthly average.., j 1918 monthly average.. 1919monthly average.. 1920 monthly average..' 1921 m o n t h l y average., 1914 monthly 1922 m o n t h l y average..• 1920. September October November.... December 1921. January February March April May.... June July.... August. September. October.... November. December.. 1922. January February.... March April May.... June July.... August. September. October.... November. December.. 1923. January February March April 100 85 82 111 1OO 132 100 100 1G1 159 185 144 194 405 97 95 393 61 82 1,271 ual.2 FOREIGN TRADE. Imports. Exports. 100 59 1 31 : 57 ' 44 10 83 62 83 109 45 75 1,312 174 34 61 1,457 210 54 133 181 131 307 168 178 344 220 301 613 51 -27 46 73 75 200 242 246 239 41 119 85 30 57 101 209 36 70 151 198 56 I 13 123 327 458 108 i 190 186 128 392 60 33 161 110 204 100 130 167 105 305 237 59 81 183 91 177 290 33 170 100 100 100 126 72 150 146 113 98 81 86 112 100 121 126 313 ! 144 421 j 208 137 336 226 292 100 290 164 233 125 206 159 341 185 321 229 157 189 42 107 S7 77 100 151 104 146 124 103 206 307 248 95 107 111 189 417 147 176 473 375 115 312 52 55 154 480 252 73 415 103 50 52 129 261 107 67 137 81 43 45 78 129 211 134 26 110 87 54 87 166 221 69 89 108 85 100 117 140 58 59 | 100 100 93 88 124 127 100 92 68 76 ! 144 (.Wheat. salmon. Relative to 1913. Relative to 1920. 100 73 57 43 25 EXPORTS OF KEY COMMODITIES (quantities). TOTAL (value). 86 72 j 78 129 47 198 189 95 249 49 102 75 117 122 193 44 184 113 390 204 63 96 81 71 152 103 190 191 102 ! 72 170 132 255 531 36 104 95 81 188 112 180 110 188 44 161 131 297 90 184 201 188 167 116 198 472 118 47 126 132 114 221 107 190 317 102 86 72 235 106 259 610 164 134 124 65 85 252 349 412 167 324 777 246 122 192 299 309 47 122 208 146 409 216 73 156 91 57 44 185 115 279 289 200 187 349 70 44 126 93 51 38 198 107 277 104 168 217 207 139 126 437 664 320 340 483 92 150 158 175 238 138 423 110 204 145 163 277 156 156 186 110 12 73 72 36 67 194 '? 106 27 72 I 104 : 56 8 21 I ! 62 24 170 68 55 140 ! 29 158 101 76 54 186 105 95 91 71 141 123 110 104 85 140 118 224 10 45 98 88 77 103 110 233 170 41 102 97 91 79 94 109 4 60 50 159 182 162 110 120 259 127 45 7 130 149 120 126 166 357 452 94 124 156 141 141 202 204 333 8 19 62 102 73 67 194 207 399 3,246 130 168 150 186 163 57 39 90 56 35 167 See footnote on opposite page. ! | 51 167 102 | 150 |j 2,668 143 65 107 97 97 142 86 138 i 137 139 112 23 110 40 229 | 101 135 113 237 ' 75 133 138 I 10S 232 :i I 445 149 110 | 152 120 330 330 153 449 : 104 136 100 129 126 i I 357 11 170 | 660 ; 485 ! 175 CANADIAN FINANCE AND TRADE. Table 129.—NUMERICAL DATA. From Government and non-Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] BUSINESS FAILURES. BANK CLEARINGS. Govern-! Finns. Liabilities. ! YEAR AND MONTH. 152 1917 monthly a v . . . 1,115 1,351 1920 monthly av . . j 1,627 82 1,845 1921 monthly a v . . . | 1,400 199 4,257 1922 monthly a v . . I 1,304 271 4,771 1,549 62 86 107 187 1,648 1,396 2,090 4,543 194 167 159 139 5,441 2,831 4,232 2,455 1915 monthly a v . . . 1916 monthly av. - - 1920. September... October November... December 1,872 j 1,909 I 1,849 ! Thousands of dollars. Number. 241 2,562 I 7,118 7,032 3,644 219 2,698 ! 17,901 5,542 1,888 148 1,312 17,385 4,158 3,540 93 1,138 ! 56,198 2,365 2,708 68 1,035 i 4,917 52 843 | 58,000 64,429 9,749 13,311 27,125 7,290 628 5,121 3,846 5,121 6,729 3,750 2,900 9,250 3,517 2,583 4,466 7,052 ' i 855,934 831,422 37,953 51,600 39,287 ; I 37,996 64,858 ; | 42,350 98,268 i | 70,538 81,388 S4,422 89,647 86,171 1918 monthly av...; 1919monthly av...I 1914 monthly a v . . . EXPORTS OF KEY COMMODITIES (quantities). TOTAL (value). Regular. Casuals Imports. Exports.* Canned! salmon. Cheese. Wheat. Thousands of dollars. $775 659 637 859 1,021 1913 monthly a v . . . FOREIGN TRADE.' Placements. I Coi >rpo- Applica- Vacantions cies, bonds.', ti i clal. Millions j Numofdollars.; ber. EMPLOYMENT SERVICE OF CANADA. BOND ISSUES. 41,533 44,240 40,165 35,002 30,502 23,376 6,588 9,926 80,294 76,643 88,711 103,347 None. 43,376 37,712 32,721 26,274 16,747 115,122 40,896 58,685 38,096 30,273 20,845 6,794 6,100 7,330 105,770 19,910 17,165 26,649 39,292 15,940 13,849 16,330 26,076 8,750 5,386 800 40,601 20,250 10,376 11,750 35,028 2,050 8,000 5,000 10,500 5,892 98,661 4,770 85,882 5,299 72,252 71,971 92,601 65,311 Thousands of pounds. 1,757 12,942 132, 181 j 105, 730 107, 222 100, 869 96,404 131,147 148,748 150,950 1 Thou- ! sands of, bushels.! 8,378 5,092 12,076 2,888 11,442 5,993 4,095 16,081 13,145 15,804 4,026 16,492 3,648 14,573 | 3,976 12,684 10,540 2,563 12,533 3,484 10,533 I 6,498 11,135 10,776 4,350 2,581 6,589 4,436 14,511 3,926 12,847 16,547 14,944 26,134 9,467 34,734 5,127 I 1921. January February March April 1,440 I 1,249 j 1,294 I 1,418 ! May.... June July.... August. 1,466 September. October November. December.. 1,291 18,250 5,754 None. 9,661 10,500 5,671 12,840 3,203 145 171 201 199 21,980 3,459 9,002 5,415 23,500 3,544 4,119 I 4,000 | 229 273 222 284 4,492 j 34,350 13,668 4,151 5,671 ! 9,558 3,097 4,840 1,304 330 6,067 1,110 314 9,221 1,298 212 4,445 1,165 192 4,724 May.... June July August. 1,442 266 5,877 6,234 1,267 362 1,529 450 4,387 ; 5,454 j! 1,223 210 2,832 7,500 t 3,990 | 1,127 248 3,849 175 5,784 i September October November December 1, 206 1,440 1,-563 1,500 237 4,370 3,590 I 5,600 4,960 [' 20,000 9,078 1,814 375 4,619 5,534 143,550 12,579 i 1922. ! January February... March April 1923. January... February. March April 1,426 1,319 1,245 1,491 1,614 1,549 j 253 310 315 42,794 33,535 36,239 44,974 4,700 1,000 42,560 6,092 None. 40,037 3,465 2,500 43,123 6,544 None. 76,427 23,754 7,500 52,340 4,563 7,500 42,509 6,997 9,650 37,740 4,219 7,750 38,596 21,370 2,182 4,000 42,233 None. 10,645 ' 6,633 37,345 2,842 ; 9,730 42,144 118,000 ! 17,925 | 6,475 2,250 I 5,156 5,727 6,561 ! 81,934 1,873 8,715 ! 11,446 66,315 2,351 3,348 | 69,468 1,214 1,028 I 7,486 44,076 1,012 ! 216 ' 9,181 4,983 68,502 57,644 62,406 65,147 j I 60,734 775 ! 59,692 3,363 [ 15,561 ! 6,003 56,440 1,931 •: 24,370 | 62,363 8,301 15,258 I 3,972 5,571 21,182 7,145 10,710 : 17,346 21,131 34,396 32,517 38,175 80,762 22,849 7,732 21,736 9,985 24,604 12,384 | 57,249 11,007 ' 53,195 34,602 23,031 20,330 34,777 14,584 59,805 59,590 21,971 15,483 81,256 13,488 12,179 59,518 64,271 87,640 5,079! 16,008 29,254 11,647 I 13,014 60,050 87,186 1,821 ' 8,371 34,492 5,178 8,112 3,649 9,118 51,476 47,098 1,935 1,520 j 6,103 9,002 54,294 ; 47,004 1,269 i 4,708 ! 5,602 9,182 79,337 60,847 j 1,861 j 3,533 j 6,042 39,432 23,000 | 11,825 22,571 | 10,624 16,319 30,655 21,779 36,452 7,391 47,861 32,652 45,892 41,690 I 25,785 9,253 60,121 70,459 40,816 35,382 I 23,439 6,801 61,669 73,107 6,315 | 40,486 36,606 I 23,970 6,176 60,757 3,095 ij 65,857 73,179 ! 49,271 7,275 67,355 | 450 54,007 59,763 j 36,615 8,296 60,318 | 7,650 64,699 56,797 I 43,010 ; 10,003 11,878 j 16,765 i; j 3,800 | 10,383 42,494 29,337 20,586 ; 6,859 : 980 | 1,080 1,740 1,089 3,156 14,207 1,192 7,093 11,760 71,821 1,767 17,470 9,487 74,486 1,325 17,179 11,587 72,934 7,825 19,230 9,233 66,875 ' 103,905 5,806 19,758 37,593 ; 131,826 1,758 16,636 55,316 70,233 I 112,035 2,986 76,194 8,816 j 40, 6G9 1,295 i Data on operations of Canadian employment service prorated from weekly reports of Dominion Department of Labor, Employment Service of Canada; foreign trade from Department of Trade and Commerce, Dominion Bureau of Statistic*; issues of Canadian bonds compiled by The Financial Post; bank clearings and business failures from Bradstreet's. )m Braaatrtet s. 1 Placements are termed casual when employment lasts one week or less. Yearly figures represent the monthly averages for the Canadian fiscal year which ends March 31 of the succeeding year. 176 FOREIGN TRADE OF THE UNITED KINGDOM. Table 130.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] IMPORTS (values). YEAR AND MONTH. EXPORTS (values). EXPORTS OF KEY COMMODITIES * (quantities). REEXPORTS (values). Food, i Man- |' Food,1 Man- i Food, Mandrink, Raw ! ufac- I drink, Raw ufacufacand i Raw mate-I tured Total. and mate- tured ! Total. and . mate- tured Total. ;drink,! • to- ! rial, artito- ' rial, artitoartirial. bacco. bacco. cles. bacco. cles. cles. Cottonpiece goods. Woolen and Iron and wor- steel. sted tissues. Relative to 1920. Relative to 1913. Relative to 1913. 1913 monthly a v . . 1OO 100 100 100 (3) 85 75 (3) 1916 monthly a v . 123 77 93 1917 monthly a v . 138 109 140 132 47 82 115 87 90 89 64 84 1915 monthly a v . 84 75 92 96 100 82 71 96 103 1OO 84 102 120 137 1OO 89 77 91 50 100 103 131 144 157 100 82 73 96 100 100 91 100 83 94 98 113 100 1914 monthly a v . . m j 1918 monthly a v . 171 212 252 142 131 196 244 266 196 163 163 229 252 96 106 145 138 235 127 119 95 152 254 136 137 37 102 156 115 111 87 174 208 91 146 99 154 272 143 138 28 150 203 25 269 289 190 137 September... October November... December... 238 j 23-1 | 225 223 •278 254 246 190 189 198 207 251 225 223 214 268 257 273 221 159 172 174 141 163 165 161 211 298 279 302 230 146 177 144 139 1921. January February... March April 183 151 146 140 203 197 210 210 158 109 76 70 145 155 126 212 156 153 137 142 113 107 137 132 101 100 50 233 170 166 152 May.... June July.... August. 135 138 126 138 207 215 174 209 71 78 86 83 120 109 112 113 87 99 117 77 90 99 115 25 19 48 121 September.. October November.. December.. 136 132 139 133 200 184 171 162 87 91 128 118 111 116 111 113 146 142 144 136 122 128 132 117 1922. January February March April 119 108 137 126 140 133 187 166 i ; ; ! 105 86 94 91 110 103 126 118 145 133 148 127 May.... June July.... August. 139 132 128 129 178 j 165 161 ! 156 j 108 107 103 103 125 117 115 126 September.. October November.. December.. 120 133 149 148 147 160 188 175 93 112 129 138 119 122 121 123 1919 monthly a v . 1920 monthly a v . 1921 monthly a v . 1922 monthly a v . Coal. I 100 | 7S I 65 100 80 59 67 52 64 47 48 22 43 33 43 142 105 46 48 192 181 1OO 100 70 34 78 90 66 43 35 34 86 91 94 70 271 347 319 301 102 132 93 92 176 181 159 154 103 109 88 ; 97 93 ! 163 117 215 191 92 82 76 72 113 98 107 116 79 78 103 109 147 168 230 206 120 126 121 133 128 147 149 138 94 114 108 101 105 101 120 111 121 118 145 127 133 119 138 137 112 112 103 114 150 132 138 153 151 140 !| 151 11 129 !! ;i 131 I 118 ;j 143 138 152 135 116 113 125 103 173 158 173 163 S7 1920. I I i | HI ; | 138 j 141 137 152 131 I ! I * 1923. January February March April See footnotes on opposite page. 93 67 79 88 62 62 67 56 46 24 23 22 38 117 83 80 87 66 63 50 63 48 41 46 57 41 36 39 28 28 32 10 64 49 76 88 75 90 90 105 39 41 48 57 34 33 36 37 17 15 18 13 51 204 230 222 183 72 96 90 84 88 84 102 72 96 43 50 49 52 32 38 47 50 56 56 59 70 93 111 111 101 162 171 204 175 75 100 94 88 93 105 92 68 82 82 71 54 68 64 61 54 71 63 66 85 67 98 95 91 82 162 121 108 97 85 90 90 77 92 91 85 86 92 84 120 102 75 73 78 80 66 57 61 65 83 78 83 100 70 91 100 93 105 109 119 105 58 84 97 93 76 96 96 107 96 108 98 62 58 74 79 67 84 90 82 116 101 107 97 177 FOREIGN TRADE OF THE UNITED KINGDOM. Table 131.—NUMEEICAL DATA. From Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] YEAR AND MONTH. Total. EXPORTS OF KEY COMMODITIES » (quantities). REEXPORTS (values). EXPORTS (values). IMPORTS (values). Food, ManuFood, Food, drink, Raw facdrink, Raw Manudrink, Raw ManuCotton Woolen Iron facfacand and mate- tured piece and Total. and mate- tured Total. and mate- tured rial. arti- goods. worsted rial. articles. totorial. articles. tosteel. tissues. cles. bacco. bacco. bacco. Thousands of square yards. Thousands of pounds sterling (£). 64,061 24,184 23,485 16,134 43,770 2,716 5,825 34,281 58,053 24,995 19,711 13,374 35,893 2,412 4,893 28,219 73,491 31,740 23,881 15,121 4,363 24,411 32,072 2,090 5,362 32,783 79,042 34,931 28,066 15,766 2,458 42,190 5,597 35,301 88,680 37,893 32,067 18,214 1,361 43,923 1913 monthly a v . 1914 monthly a v . 1915 monthly a v . 1916 monthly a v . 1917 monthly a v . 1918 monthly a v . 1919 monthly a v . 1920 monthly a v . 1921 monthly a v . 1922 monthly av.. 109,678 135,513 161,379 90,669 83,694 1920. September... October November December... 9,131 1,329 5,336 2,455 7,956 1,453 4,488 2,007 1,835 8,255 1,867 4,549 8,131 1,756 4,095 2,271 1,566 5,806 620 3,615 47,491 58,938 64,291 47,382 39,429 38,207 53,834 59,292 22,598 24,853 23,343 22,219 37,902 20,425 19,160 41,785 66,553 111,289 59,316 60,041 l,0Gl 2,775 4,241 3,122 3,027 5,083 10,107 12,138 5,322 8,501 33,880 52,663 93,394 49,048 47,452 152,692 67,269 44,557 40,573 117,456 102,216 13,351 69,168 44,299 36,267 112,295 9,632 95,701 16,134 144,260 61,499 46,560 35,955 119,365 9,399 103,694 13,115 142,785 59,378 48,613 34,553 96,631 4,311 4,678 4,723 3,842 9,515 149,889 12,277 78,819 12,699 117,051 49,158 37,005 30,467 92,756 47,750 25,504 23,394 68,222 93,742 50,888 17,739 24,980 89,996 52,908 16,547 20,374 3,852 3,075 2,897 3,729 7,668 5,881 5,832 2,936 79,746 96,974 May.... June July.... August. 86,308 50,094 16,711 19,282 43,088 88,182 51,915 17,600 38,152 80,757 42,090 18,005 43,172 88,581 50,584 18,389 20,232 19,589 18,194 51,346 September.. October November.. December.. 87,118 48,410 84,742 44,475 89,259 41,246 85,312 39,063 76,488 33,972 69,275 32,257 1921. January February March April 20,465 21,256 29,946 27,792 17,905 63,842 18,691 62,265 17,913 62,894 18,291 59,375 24,565 20,220 22,095 21,404 17,710 63,147 16,576 58,335 20,309 64,581 18,962 55,508 25,358 25,242 24,237 24,141 20,207 58,045 18,857 52,146 18,579 60,419 20,326 60,032 21,848 19,244 19,726 19,587 19,838 62,511 2,579 13,729 18,534 8,921 8,648 1,194 7,571 3,842 10,249 2,520 4,171 1,815 4,585 336 3,575 3 565,415 3 478,763 3 395,417 3 438,318 3 415,004 314,718 3 13,417 3 12,460 3 15,432 13,874 Coal. t h o u s a n d s of long tons. 414 6,117 324 4,920 270 3,628 279 3,196 195 2,916 1,048 3 308,321 3 8,208 2,575 3 298,782 13,706 4,437 370,138 22,178 2,220 242,938 9,562 2,236 348,862 15,438 137 190 290 143 284 2,646 2,937 2,078 2,055 5,350 3,601 4,605 4,243 3,995 5,418 7,061 4,975 4,917 4,317 4,444 3,896 3,787 382,591 20,653 255 305,339 17,574 277 343,575 19,513 232 248,443 13,697 192 1,476 1,417 1,361 2,302 2,160 2,865 2,041 1,962 2,134 13,877 236 1,700 244,949 10,693 168 1,729 232,043 9,121 150 1,968 2,543 4,904 4,386 4,074 3,844 249,613 52,019 9,955 8,004 8,888 8,524 186,849 10,209 163 607 7,232 7,083 9,382 9,998 1,958 2,229 3,062 2,744 3,418 2,616 4,082 4,683 1,850 2,219 2,216 2,567 145,769 7,566 102 58,177 56,969 1,552 2,851 2,101 2,439 2,702 3,124 1,437 1,125 2,775 7,058 38,662 33,658 36,705 39,936 3,300 3,466 3,586 3,187 6,997 7,359 7,046 7,746 44,009 50,238 51,094 47,368 8,595 10,386 9,823 9,204 2,710 3,057 2,944 2,435 3,822 5,143 4,818 4,263 2,057 2,164 2,060 2, ,501 2,861 2,754 3,270 3,011 7,032 6,869 8,465 7,376 51,824 8,459 10,174 10,154 9,200 2,155 2,276 2,709 2,323 4,015 5,323 5,015 4,704 3,045 3,044 2,806 3,105 8,757 7,671 8,041 8,900 45,073 47,149 8,965 8,720 8,317 7,504 2,152 1,611 1,436 1,288 3,154 3,066 3,408 2,796 10,099 48,361 47,010 51,964 44,932 6,381 8,277 9,148 8,479 1,399 1,453 1,583 1,391 152,782 7,235 69 177,530 8,045 64 212,403 8,232 76 816 3,103 363,633 10,978 194 330,476 11,574 205 3,407 3,407 3,594 4,303 2,285 2,575 2,428 2,168 339,348 15,813 252,278 11,995 304,293 15,057 302,598 14,002 254 224 296 258 4,021 4,014 5,201 4,097 4,548 4,787 4,795 4,110 2,264 2,230 2,084 2,105 341,959 16,585 16,145 17,305 17,632 273 237 252 270 5,057 4,794 5,064 6,146 3,103 4,456 5,200 4,969 1,869 2,360 2,354 2,108 396,368 13,834 354,690 12,877 279 348 373 341 7,083 6,196 6,571 5,955 265,386 6,104 133 353,825 11,109 156 1922. January February March April 87,879 45,261 80,661 40,097 May.... June July.... August. 88,814 84,298 81,784 82,661 September.. October November.. December.. 76,944 j 35,555 85,015 38,617 95,600 45,501 94,912 42,292 43,075 39,936 38,817 37,762 26,409 30,223 32,499 60,399 66,491 9,211 10,101 48,000 51,760 44,336 40,565 48,455 312,435 443,937 378,353 399,117 16,484 360,965 17,521 1923. January February March April 1 Compiled from British official reports b y the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. » Figures include exports and reexports. 3 Figures for years 1913-1919, inclusive, are in linear yards. * Less than 1 per cent. NOTE.—See p. 166 for exchange rate on pound sterling. 29011°—23 12 178 COAL PRODUCTION IN FOREIGN COUNTRIES. Table 132.—INDEX NUMBERS. From Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] COAL. United Kingdom. YEAR AND MONTH. Germany.1 France.1 Belgium. LIGNITE. Union of CzechoNetherSouth slovakia. Poland. lands. Japan. Canada. Africa. Czecho- Germany. Slovakia. 1OO R e l a t i v e t o 1913. 1913 monthly average 100 100 1OO 1OO 1OO 1OO 1OO 92 100 85 100 1914 monthly a.vpfftgft 67 73 103 105 91 96 96 1915 monthly average 88 77 48 62 121 96 88 94 101 89 84 52 74 138 107 96 114 108 1917 monthly average 86 88 71 65 161 124 94 118 110 1918 monthly average 1919 monthly average 1920 monthly average . 1921 monthly average 1922 monthly average 79 84 64 61 181 132 100 112 115 80 i 61 181 147 91 117 80 57 172 1OO 1OO 81 74 108 74 98 78 67 210 137 88 130 128 86 95 82 79 210 109 78 131 141 92 93 88 1920. September October 3 98 73 94 100 81 66 229 125 90 131 139 41 75 96 103 78 63 235 130 88 136 144 85 Nnvp/mbfir 67 75 93 86 85 70 229 134 99 137 135 87 December. 3 98 75 97 108 74 65 235 147 98 141 139 90 77 76 95 107 86 69 221 118 85 134 139 95 73 76 84 93 84 70 179 104 78 122 138 91 69 72 87 95 87 76 188 122 74 131 136 97 24 75 88 90 85 82 186 114 62 135 143 91 24 55 86 84 78 56 182 109 70 135 129 83 24 65 96 89 83 83 216 104 74 132 138 88 64 68 95 93 79 82 212 102 78 131 139 88 69 74 99 97 85 82 199 92 91 141 146 93 »86 73 100 99 80 82 223 101 83 135 143 92 71 76 98 100 72 84 238 108 83 123 145 84 75 3 94 74 75 97 107 95 103 81 89 88 233 239 112 123 78 83 125 124 144 152 97 98 74 77 104 98 86 91 238 107 69 98 151 90 83 72 100 92 49 86 212 112 72 75 139 51 85 112 103 90 107 247 125 86 169 105 75 71 96 91 68 84 224 123 47 103 101 146 95 380 77 101 90 72 91 246 119 52 92 57 100 88 62 94 230 118 63 124 122 157 • 3 85 144 81 61 103 88 65 <365 248 110 60 124 157 83 380 64. 108 89 77 <389 252 50 119 167 107 64 109 90 61 <346 255 92 116 163 89 68 113 96 56 <247 269 116 166 91 66 117 164 1921. January February . March April.. May June July August.. September October. November December .. . 1922. January.. February March... April . May.... . . 3 103 78 * 246 108 1923. ! January February March i \pril CO 95 103 CO September October November December OO July August .. j See footnotes on opposite page. 1 179 COAL PRODUCTION IN FOREIGN COUNTRIES. Table 133.—NUMERICAL DATA. From Government sources,1 [Base year in bold-faced type; index numbers on opposite page.] COAL. United Kingdom. YEAR AND MONTH. Germany.1 LIGNITE. Bel- CzechoNetherFrance.1 gium. slovakia. Poland. lands. Japan. Canada. Thousands of metric tons. 2 1913 monthly average.. 1914 monthly average.. 1915 monthly average.. 1916 monthly average.. 1917 monthly average.. 24,342 1918 monthly average.., 1919 monthly average... 1920 monthly average... 1921 monthly average.. 1922 monthly average. 19,286 13,376 19,458 1 15,842 3,404 1,904 22,499 13,449 2,294 1,393 1,189 803 156 1,776 1,135 665 7,269 161 1,858 1,031 641 6,975 7,329 1,918 21,443 12,239 1,628 1,181 189 1,707 1,003 626 21,711 13,264 1,776 1,405 216 1,908 1,095 757 7,849 21, §44 13,979 2,410 1,243 251 2,197 1,062 785 7,962 283 2,336 1,133 747 283 2,606 1,035 776 1,001 867 8,389 7,820 9,303 10,249 1,411 1,641 1,756 2,188 1,157 1,822 1,540 874 ^,890 1,866 928 534 328 2,437 1 3,213 1,817 970 631 327 1,938 11,550 11,870 11,814 11,926 3,213 1,909 526 357 2,223 1,018 872 10,103 1,779 3,283 1,967 924 509 367 2,315 1,002 905 10,493 1,627 3,171 1,634 1,015 560 358 2,375 1,119 913 9,839 1,664 3,317 2,052 874 522 367 2,602 1,114 937 10,110 1,722 12,009 12,009 11,460 11,906 3,246 2,041 1,027 557 345 2,101 965 2,875 1,778 998 566 279 1,849 880 811 2,969 1,800 1,039 609 293 2,173 840 873 3,009 1,712 1,012 661 290 2,018 705 10,374 1,750 8,771 10,295 10,731 11,727 2,919 1,592 926 447 284 1,933 789 9,369 1,597 3,258 1,700 988 666 337 1,844 844 877 10,058 1,696 3,218 1,777 944 658 330 1,804 883 873 10,068 1,685 3,386 1,840 1,014 660 311 1,642 1,036 939 10,606 1,786 9,723 19,402 1 13,758 111,351 10,950 1 870 21,334 1920. September.. October November.. December.. 3 23,883 9,960 16,191 3 23,891 1921. January.. February. March April 18,854 17,661 16,712 60 May.... June July.... August. 60 60 15,463 16,869 September October November December 3 20,980 17,251 18,174 3 22,951 11,607 11,977 11,708 11,923 10,071 1,817 10,039 1,749 9,876 1,867 3,393 1,876 949 659 348 1,792 947 10,359 1,766 3,337 1,906 861 672 372 1,920 939 818 10,567 1,618 3,309 1,818 964 711 364 1,983 887 832 10,479 1,860 3,632 1,965 914 703 373 2,191 944 824 11,029 1,883 3,533 1,872 1,028 729 371 1,894 787 653 10,979 3,390 1,760 584 692 330 1,995 818 499 10,091 3,807 1,968 1,067 861 386 2,212 980 684 12,260 3,278 1,726 808 675 350 2,191 533 669 10,634 1,718 974 2,018 1,827 3,442 3,415 3,513 3,682 1,708 1,675 1,669 1,695 854 734 384 2,113 594 827 11,437 1,758 740 753 359 2,096 715 813 10,487 1,559 778 < 2,930 387 1,961 684 823 11,411 1,590 911 * 3,123 393 563 793 12,147 1,681 729 1,040 772 11,823 1,467 773 12,078 1,449 776 11,896 1922. | 20,090 March | «25,161 April I 18,352 12,166 11,4.56 13,418 11,289 January February May.... June... July.... August. September. October November.. December.. 17,990 a 19,466 12,120 « 20,699 9,038 18,916 9,589 * 19,371 10,206 3 26,098 10,157 3,705 1,721 4 2,778 398 21,552 10, 753 3,836 1,819 4 1,986 420 1,805 4 1,976 22,060 8 10,456 1,833 26, 252 1923. January... February. March April 1 Compiled by the Department of Commerce, Bureau of Foreign and Domestic Commerce, from official sources. Figures for France include lignite (averaging 66,000 tons per month in 1913). Beginning 1919, Alsace-Lorraine (averaging 203,000 tons monthly in 1919 and 264,000 tons in 1920) is included with France instead of with Germany and beginning 1920 the Saar district (781,000 tons per month) is similarly transferred. Upper Silesia, whose disorders were responsible for the curtailment of German production in May, 1921, was included as a whole with Germany until June, 1922, since which time only the part of Upper Silesia allotted to Germany is included. 2 One metric ton is equivalent to 2,204.6 pounds. 3 Five weeks period; other months cover four weeks. * Includes upper Silesia. The old territory produced 837,000 tons in July. 180 METAL PRODUCTION IN FOREIGN COUNTRIES. Table 134.—INDEX NUMBEES. Based on data from Government and non-Government sources.1 [Base year in bold-faced type; numerical data on opposite page. 9 STEEL INGOTS. PIG IRON. YEAR AND MONTH. United King- Canada. France. Belgium. Luxemburg. dom. United Kingdom. ZINC. LuxemCanada* France. Belgium. burg. Relative to 1913. 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average. average. average. average. average. 100 87 86 88 92 1OO 69 81 104 104 1OO 52 11 29 33 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly average. average. average. average. average. 72 78 25 106 81 96 60 25 46 64 65 87 62 47 80 112 125 115 64 80 January... February. March April 75 54 45 7 May June July August.. 2 1OO 58 3 5 100 72 63 77 100 102 112 120 128 100 71 87 122 149 100 56 23 41 47 100 57 4 4 10 45 35 50 24 27 38 125 103 118 47 161 89 106 64 38 46 62 (*) 14 51 32 80 51 60 57 61 35 38 41 41 138 85 79 117 114 128 111 64 49 69 71 46 68 67 69 67 54 51 51 46 45 30 13 34 77 76 56 11 46 68 61 31 67 65 64 60 65 66 62 59 37 (•) 1 11 22 38 39 33 35 September. October.... November., December.. 18 28 32 32 52 60 57 48 56 50 68 19 23 29 36 1922. January... February. March April 38 40 50 40 72 35 46 46 May.... June July.... August.. 48 43 47 48 27 35 38 33 102 September. October November. December.. 50 56 30 1920. September October November December 85 79 79 Stocks in United Kingdom. Production in Belgium. Relative to Apr.-Dec. average, 1920. Relative to 1920. 100 82 109 72 32 50 «1OO 70 21 100 79 72 65 73 102 84 75 77 110 116 114 121 59 49 48 54 71 62 20 57 65 60 63 77 118 31 27 13 14 56 61 57 55 84 82 80 76 62 71 71 17 16 23 31 76 82 70 81 72 68 62 56 71 78 88 105 76 75 191 50 117 37 110 28 127 27 121 113 123 127 130 23 20 19 17 126 134 138 131 16 12 3 3 54 60 59 1921. 44 42 63 65 62 62 18 68 62 56 83 59 42 47 44 48 67 63 69 60 64 83 86 49 60 45 44 57 55 48 46 51 66 86 63 38 48 34 25 80 67 68 71 70 72 63 74 82 18 38 72 103 57 56 61 74 106 116 118 79 85 83 72 78 73 87 41 62 60 22 1923. January... February. March April 67 74 74 33 68 See footnotes on opposite page. 52 72 76 80 90 93 100 103 109 104 41 52 47 58 55 56 74 62 118 128 137 141 160 168 181 METAL PRODUCTION IN FOREIGN COUNTRIES. Table 135.—NUMERICAL DATA. From Government and non-Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] STEEL INGOTS. PIG IRON. YEAR AND MONTH. United Kingdom. Canada. France. Thousands of long tons. 4 1915 m o n t h l y average 1916 m o n t h l y average 124 1917 m o n t h l y average 145 1914 m o n t h l y average Luxemburg. Thousands of metric tons. 5 434 224 49 1913 m o n t h l y average Belgium. 207 121 6 11 1 United Kingdom. Canada. France. Thousands of long tons.4 212 639 152 653 133 ZINC. Belgium. Luxemburg. Thousands of metric tons. 5 713 87 62 76 396 221 91 163 766 106 163 110 127 817 130 186 90 205 116 Stocks In United Kingdom. Short tons. 101 97 83 1918 m o n t h l y average 109 106 799 140 151 1 73 1919 m o n t h l y average 201 21 51 658 77 182 28 32 1920 m o n t h l y average 276 93 58 755 92 246 104 50 3 25,477 1921 m o n t h l y average 280 73 81 302 56 250 65 63 17,945 1922 m o n t h l y average 1920. September October November December 1921. January... February. March April May June July August.. September. October November. December.. 1922. January... February. March April May June July.... August.. September October November.... December Production in Belgium. ' 7,740 6,100 5.430 741 94 348 106 74 885 533 105 371 125 81 544 403 94 356 118 86 54 349 127 642 41 293 112 95 493 464 58 292 105 83 484 300 111 70 324 122 73 505 314 120 66 747 312 121 74 40 268 121 72 59 264 100 63 111 25,954 21,520 18,987 19,640 8,483 9,007 8,841 9,359 16,635 15,239 16,158 19,538 9,161 7,199 5,115 4,762 386 60 300 106 28 359 53 251 98 20 60 39 292 96 72 71 27 257 110 58 52 244 64 57 3 64 245 55 62 21,280 21,002 4,806 4,817 14 56 283 76 80 1 55 285 69 83 10 54 267 45 71 117 54 223 27 58 20,331 5,457 94 50 255 45 74 434 72 232 28 56 19,473 5,512 158 44 244 40 429 56 236 35 18,374 236 50 256 47 405 72 206 33 272 48 295 61 94 443 75 277 47 71 15,738 275 40 301 74 102 381 43 302 64 82 14,297 5,500 6,019 6,801 8,122 288 32 312 94 102 328 33 315 80 77 12,781 300 34 323 92 97 419 42 316 84 76 9,335 390 42 385 118 133 549 30 367 106 101 7,140 394 34 383 114 131 404 22 324 97 100 6,795 408 23 442 119 142 16 364 118 114 5,979 369 29 416 115 144 462 400 33 358 113 124 5,221 473 521 63 369 4,804 397 115 151 128 60 131 4,454 407 171 135 54 430 182 139 52 410 177 132 4,108 2,990 842 707 100 399 32 428 127 150 412 28 447 154 149 430 25 462 163 152 556 482 37 503 175 165 565 35 514 172 154 83 17,275 9,092 8,543 9,866 9,359 9,733 9,160 9,877 10,626 10,880 12,401 I 13,040 1923. January... February. March April I i Compiled by the Department of Commerce, Bureau of Foreign and Domestic Commerce, from official reports, except zinc stocks in United Kingdom, and zinc producreported by pn ' . ~ .. , Kingdom . . . .by British ~ tionn in Belgium reported* by American Bureau of Metal Statistics; iron and steel production in United reported Federation of Iron and Steel Manufacturers; Canadian production by Department of Trade and Commerce, Dominion Bureau of Statistics. 2 Index number less than 1. J Average for 9 months, April-December. 4 A long ton contains 2,240 pounds. * A metric ton is equivalent to 2,204.6 pounds. 182 EMPLOYMENT IN FOREIGN COUNTRIES* Table 136.—INDEX NUMBERS. Based on data from Government sources.1 [Base year in bold-faced type; numerical data on opposite page.] BELGIUM. NETHERLANDS. SWEDEN. NORWAY. DENMARK. CANADA. AUSTRALIA. Relative to 1919. Relative to 1913. Y E A R AND MONTH. Relative to 1913. 1913 monthly average.. 1914 monthly average. 1915 monthly average. 1916 monthly average. 1917 monthly average. 1918 monthly average. 1919 monthly average. 1920 monthly average.. 1921 monthly average.. 1922 monthly average. 100 1OO 1OO 1OO 1OO 100 99 96 99 88 1OO 1OO 1OO 101 102 100 90 99 100 102 102 101 99 100 101 103 102 102 102 95 101 101 101 102 102 95 100 100 99 96 100 1OO 99 2 95 97 3 102 101 a 102 3 102 101 100 99 97 1OO 100 100 100 99 98 102 99 100 87 90 100 94 77 84 87 91 95 100 97 98 96 100 99 100 98 98 97 101 102 100 105 100 •100 96 101 100 99 105 97 97 98 102 93 95 92 90 January... February. March April 95 93 92 84 95 94 92 88 May.... June July.... August. 79 79 85 85 86 85 8S 90 1920. September. October November. December.. 99 95 99 85 91 •99 1921. September. October November. December.. 83 83 90 79 83 86 83 87 90 99 70 91 79 85 83 86 99 71 93 79 84 85 87 99 70 95 78 84 100 79 97 75 80 90 90 100 81 97 76 83 90 94 101 80 77 84 91 102 85 78 84 90 102 89 76 84 87 102 88 95 75 82 91 88 88 90 92 71 76 72 73 76 78 75 78 82 84 85 87 100 91 84 68 85 88 100 92 82 85 89 102 93 91 85 89 102 94 93 •95 95 96 81 87 •94 95 80 85 •95 1922. January... February. March April May.... June July August.. September. October.... November. December.. 85 90 102 96 94 80 86 91 102 97 95 82 94 87 91 102 97 95 83 9-1 99 87 91 102 90 96 100 87 91 102 90 97 101 91 102 91 96 99 86 96 91 1923. January... February. March April 94 See footnotes on opposite page. 91 95 •97 i. •97 •97 EMPLOYMENT IN FOREIGN Table 137.—NUMERICAL COUNTRIES. DATA. Based on data from Government sources.1 [Base year in bold-faced type; index numbers on opposite page.] UNITED KINGDOM. Tradeunions ' YEAR AND MONTH. GERMANY. BEL- GIUM. NORWAY. DENMARK. 95.8 96.1 98.4 97.6 97.9 99.2 99.1 92.5 90.1 92.3 95.1 90.8 95.6 94.5 94.6 73.9 98.6 98.4 97.7 82.7 82.6 89.3 94.2 80.1 3 98.50 96.58 95.37 87.47 94.2 93.4 93.5 <93.8 NETHERi LANDS. SWEDEN. CANADA insurance. Per cent employed. 1913 monthly average 97.9 1914 1915 1916 1917 97.7 98.9 99.6 99.4 monthly monthly monthly monthly average average average average I 96.4 95.8 98.8 98.4 98.4 97.1 92.8 96.8 97.8 99.0 97.3 96.1 94.9 83.8 85.4 94.2 90.4 98.8 78.4 90.0 91.1 92.8 89.1 95.6 93.3 92.2 2 92.07 3 98.13 3 98.13 99.2 97.6 97.6 84.7 96.2 86.3 98.8 96.3 96.2 97.2 97.8 94.7 96.3 93.9 96.2 95.9 96.3 94.2 95.5 95.8 96.1 95.9 94.2 93.6 92.8 82.6 95.9 95.8 92.8 86.6 97.1 95.5 93.0 84.2 98.2 97.8 96.5 93.2 97.3 96.7 93.9 84.9 96.74 93.91 89.76 86.95 January... February. March April 93 1 91.5 90.0 82.4 91.8 90.5 88.7 85.0 95.5 95.3 96.3 96.1 80.7 77.3 68.5 68.8 83.5 83.6 86.1 88.1 79.8 79.2 75.4 75.8 88.7 85.1 83.9 82.9 80.3 76.8 76.4 78.3 86.93 83.88 83.52 83.73 May June July.... August.. 77.8 76.9 83.3 83.7 82.7 82.2 85.2 96.3 97.0 97.5 97.8 67.7 77.1 78.6 78.3 90.6 91.9 92.4 92.7 74.7 72.1 72.2 73.2 82.2 79.1 82.1 82.7 81.4 83.2 83.3 82.3 84.54 86.85 90.90 91.29 September.. October November".. December... 85.2 84.4 84.1 83.5 87.8 87.2 84.3 83.8 98.7 82.3 86.4 86.1 88.6 93.2 93.1 90.0 83.4 74.2 72.8 71.4 66.1 82.9 82.9 80.7 79.1 83.4 81.6 79.2 74.8 91.53 92.58 88.94 84.91 January... February. March April 83. 2 83. 7 83. 7 83. 0 83.8 84.8 85.6 85.6 96.7 97.3 98.9 99.1 88.8 89.9 90.8 91.1 80.0 78.1 85.9 88.1 65.2 67.9 69.4 71.4 76.5 74.9 74.9 76.8 71.1 66.9 72.1 76.0 86.10 89.40 90.40 89.60 May.... June July.... August.. 83.6 84.3 85.4 85.6 86.5 87.3 87.7 88.0 99.3 99.4 99.4 99.3 93.0 94.0 94.6 95.6 89.5 90.5 90.6 90.8 76.7 78.5 79.8 82.6 82.2 84.5 87.5 88.5 83.9 86.8 87.1 88.9 92.60 94.70 95.90 96.40 September. October.... November.. December.. 8-5.4 86.0 85.8 88.0 88.0 87.6 99.2 98.6 96.2 91.0 84.7 84.9 88.9 89.5 89.4 88.7 97.20 96.00 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly average. average. average. average. average.. 93.5 91.7 90.7 94.2 92.9 1920. September. October November. December.. <92.2 1921. 4 88.6 <87.5 <88.6 1922. <90.8 <90.4 <90.4 1923. January... February.. March April 1 Compiled by the Department of Commerce, Bureau of Foreign and Domestic Commerce, from official sources. Canadian figures furnished direct by Dominion Depart- ment of Labour, Employment Service of Canada. T h e figures, e x c e p t i n t h e case of B r i t i s h compulsory i n s u r a n c e , w h i c h relate t o t h e operations of t h e G o v e r n m e n t labor bureau, r e p r e s e n t t h e percentage of trade-union m e m b e r s e m p l o y e d . T h e y h a v e been converted, b y i nnverting, ve ' " ' original • • • figures - • •showing • • from the percentage unemployed. > December. «4 Average of q u a r t e r s , March, J u n e , S e p t e m b e r , a n d D e c e m b e r . Quarter ending this month. * T h e report for December cover? 6,075,755 organized workers of w h o m only 97,687 or 1.6 per cent were u n e m p l o y e d . 185 SOURCES OF DATA. CT7RRKNT PUBLICATION. 1 DATS OV PUBLICATION. I.—REPORTS FROM GOTERNMENT DEPARTMENTS, FEDERAL, STATE, AND FOREIGN. AUSTRALIAN COMMONWEALTH'S BUREAU or CENSUS AND STATISTICS. BANK or JAPAN Price index for Australia Price index for Japan Federal Reserve Bulletin Federal Reserve Bulletin ., Price index for United Kingdom Price index for Canada : Employment in Canadian trade unions Operations of Canadian employment service... CANADIAN DEPARTMENT or TRADE Foreign trade of Canada AND COMMERCE. Canadian railroad operations Canadian iron and steel production , FEDERAL RESERVE BANK or ATLANTA Wholesale trade British Board of Trade Journal. Labour Gazette (Canadian) Employment Employment , Foreign trade of Canada Operating Revenues, etc., of Railways*. Press releases* , Business Conditions Savings deposits in First Federal Reserve District. Savings deposits in Seventh Federal Reserve District. Agricultural pumps FEDERAL RESERVE BANK OF CLEVE- Savings deposits in Fourth Federal Reserve LAND. District. FEDERAL RESERVE BANK or DALLAS. . Wholesale trade Monthly Review Business Conditions.. Business Conditions. Business Review Business Conditions.. Wholesale trade Foreign exchange rates ana index Savings deposits in Second Federal District. FEDERAL RESERVE BANK or PHILA- Savings deposits in Third Federal DELPHIA. District. Wholesale trade FEDERAL RESERVE BANK or RICH- Savings deposits in Fifth Federal MOND. District. Wholesale trade FEDERAL RESERVE BANK or SAN Savings deposits in Twelfth Federal FEANCISCO. District. Wholesale trade FEDERAL RESERVE BOARD. Foreign exchange index numbers Debits to individual accounts Business Conditions.. BRITISH BOARD or TRADE CANADIAN DEPARTMENT or LABOR FEDERAL RESERVE BANK OF BOSTON. FEDERAL RESERYE BANK or CHICAGO. FEDERAL RESERVE BANK or KANSAS CITY. FEDERAL RESERVE BANK or NEW YORK. Second week of month. Second week of month. Monthly. Semimonthly. Semimonthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Federal Reserve Bulletin and daily state- Daily and monthly. ment.* Reserve Monthly Review Monthly. Reserve Business and Financial Conditions. Monthly Monthly. Business and Financial Conditions. Monthly. Reserve Business and Agricultural Conditions Monthly. Business and Agricultural Conditions Monthly. Reserve Business Conditions Monthly. Business Conditions Federal Reserve Bulletin Monthly (second week of month). Federal Reserve Bulletin and weekly press Sunday newspapers and monthly. releases.* Federal Reserve Bulletin and weekly press Friday morning newspapers and Condition of Federal Reserve banks releases.* monthly. Condition of reporting member banks Federal Reserve Bulletin and weekly press Friday afternoon newspapers and releases.* monthly. Money held outside U. S- Treasury and Federal Reserve Bulletin Monthly. Federal Reserye Systems to July 1,1922. Monthly. Federal Reserve Bulletin.. Wholesale price index numbers Monthly. Department store trade; in cooperation with Federal Reserve Bulletin.. National Retail Dry Goods Association. Monthly. Index numbers of department store, mail Federal Reserve Bulletin.. order and chain store trade. Monthly. Federal Reserve Bulletin... Barley and rye receipts Monthly. Federal Reserve Bulletin... Sales of loose leaf tobacco Monthly. Federal Reserve Bulletin.. Index of ocean freight rates Monthly. Federal Reserve Bulletin^. Index numbers of production Newsprint, 20th to 25th of the month; FEDERAL TRADE COMMISSION.. Paper and wood pulp production, prices, etc.. Monthly press releases * other paper and wood pulp, 1st of following month. FRENCH MINISTRY OF LABOR AND Price index for France Bulletin de la Statistique Generale. SOCIAL WELFARE. INDIAN DEPARTMENT OF STATISTICS... Price index for India Federal Reserve Bulletin Second week of month. INTERSTATE COMMERCE COMMISSION.. Railway revenues and expenses Preliminary statement of operations of Monthly. Class I roads. Not published Telephone operating revenue and income Not published Telegraph operations and income Not published Express operations and income MASSACHUSETTS DEPARTMENT OF Milk receipts at Boston Not published PUBLIC UTILITIES. NEW YORK STATE DEPARTMENT OF New York State factory employment and Labor Market Bulletin and press releases *. Monthly. LABOR. earnings. Annual report NEW YORK STATE DEPARTMENT OF New York State canal traffic Yearly. PUBLIC WORKS. Panama Canal traffic PANAMA CANAL The Panama Canal Record Last weekly issue of month. PENNSYLVANIA DEPARTMENT OF LA- Unemployment in Pennsylvania Semimonthly report* | Semimonthly. BOR AND INDUSTRY. U.S. DEPARTMENT OF AGRICULTURE- Beef, pork, and lamb production Market ReporterJ . . . J Last weekly issue of month or first of next month. BUREAU OF ANIMAL INDUSTRY. I Monthly. fnet th U. S. DEPARTMENT OF AGRICULTURE— Prices of farm products to producer Monthly Crop Reporter a B U R E A U OF AGRICULTURAL Market Reporter > First weekly issue of month. Wool consumption and stocks ECONOMICS Monthly Crop Reporter * and press Releases about 1st of month (cotton) and 10th (other crops). releases.* Crop production Fourth weekly issue of month. Market Reporter» Cold-storage holdings andfishfrozen Third weekly issue of month. Market Reporter» Movement of cattle, hogs, and sheep Weekly. Receipts of butter, cheese, eggs and poultry.. Market Reporter « Quarterly. Market Reporter * Production of dairy products Market Reporter 2 Third weekly issue of month. Car lot shipments of fruits and vegetables Monthly. Farm labor, wages, supply, etc Monthly Crop Reporter* Weekly. World crop production Foreign crops and markets* Annually. Live stock on farms Market Reporter2 U. S. DEPARTMENT OF AGRICULTURE- Total lumber production from 1913 to 1920... Production of Lumber, Lath and Shingles. Yearly. FOREST SERVICE. Wood pulp production, 1914 and 1916 Pulpwood consumption and Wood-pulp. Yearly. Production. Semimonthly during season. U. S. DEPARTMENT OF COMMERCE- Cotton ginned Preliminary report on ginnings BUREAU OF THE CENSUS. Preliminary report on cotton consumed... 15th of month. Cotton consumed and on hand.. Reports on wool machinery and on cotton 20th of month. Active textile machinery spindles.* First week of month. Leather, hides and shoes, production and Census of hides, skins, and leather * stocks. 1 18th of month. Cotton seed and cottonseed oil j Preliminary report on cotton seed. Quarterly (one month after end of Stocks of tobacco held by manufacturers and Statement on stocks of leaf tobacco. quarter). dealers. ! * Multigraphed or mimeographed sheets. 1 This is not necessarily the source of thefigurespublished in the SURVEY as many of them are obtained direct from the compilers prior to publication in the respective1journals. This column and the right-hand column have been added to assist readers in obtaining current statistics between publication dates of the SURVEY. Beginning Jan. 7,1922, combined into new publication called Weather, Crops, and Markets, issued weekly. 186 SOURCES OP DATA—Continued. CUBRENT PUBLICATION. DATE OF PUBLICATION. I.—REPORTS FROM GOVERNMENT DEPARTMENTS, FEDERAL, STATE, AND FOREIGN—Continued. U. S. DEPARTMENT OF COMMERCE— BUREAU OF THE CENSUS—Contd. U. S. DEPARTMENT OF COMMERCEBUREAU OF FISHERIES. U. S. DEPARTMENT OF COMMERCEBUREAU OF FOREIGN AND DOMESTIC COMMERCE. U. S. DEPARTMENT OF COMMERCEBUREAU OF NAVIGATION. U. S. DEPARTMENT OF COMMERCEBUREAU OF STANDARDS. U. S. GRAIN CORPORATION U. S. DEPARTMENT OF THE INTERIORBUREAU OF MINES. U. S. DEPARTMENT OFTHE INTERIOR— GEOLOGICAL SURVEY. U. 8. DEPARTMENT OF LABOR—EMPLOYMENT SERVICE. U. S. DEPARTMENT OF LABOR—BUREAU OF IMMIGRATION. U. S. DEPARTMENT OF LABOR—BUREAU OF LABOR STATISTICS. U. 8. POST OFFICE DEPARTMENT U. S. TREASURY DEPARTMENT U. S. TREASURY DEPARTMENTBUREAU OF THE MINT. TJ. S. TREASURY DEPARTMENT—BUREAU OF INTERNAL REVENUE. U. S. WAR DEPARTMENT—ENGINEER CORPS. U. 8. WAR DEPABTMENT—MISSISSIPPI WABRIOR SERVICE. WISCONSIN INDUSTRIAL COMMISSION.. Production indexes of raw materials and manufactures. Fats and oils, production, consumption, and stocks. Fabricated structural steel sales from April 1922. Automobile production Sugar statistics Steel castings sales Fish catch Survey of Current Business... Monthly. Statistics of fats and oils * . . . . Quarterly (one month after end of quarter). 15th of month. Pressrelease41 Pressrelease* Press release * Press release * Monthly statement 20th of month. 20th of month. 25th of month. , , Monthly Summary of Foreign Commerce. (Part I.) i Tonnage of vessels, entered and cleared in Monthly Summary of Foreign Commerce. United States foreign trade. (Part II.) Data on trade, employment and coal and iron Various foreign sources production of foreign countries. Wholesale price of wool Wholesale Prices Monthly Summary of Foreign Commerce. Warehouse stocks of rice (Part II.) Vessels under construction and vessels com- Commerce Reports pleted. Building material price indices Not published All imports and exports Wheat flour production, prior to July, 1920 No longer published Refined petroleum products, production, etc.. Refinery Statistics* Portland cement, production, etc Coal and coke production Report on Portland cement output * Weekly report on production of coal *. Crude petroleum, production, etc Electric power production Annual figures on non-ferrous metal production. Number on pay roll—United States factories.. Employment agency operations Preliminary statistics on petroleum * Production of electric power * Mineral Resources Immigration and emigration statistics Last week of month. Middle of next month. Yearly. Monthly. First weekly issue of mon'ch (Mondays). Second week of month. 20th of month. Second or third weekly issue of month (Saturdays). 25th of month. End of month. Annually. Industrial Survey * Report of Activities of State and Municipal Employment Agencies. Not published First week of month. Every 4 or 5 weeks. Wholesale prices of commodities, including farm products, food, clothing, metals, etc. Wholesale price index Retail price index of foods Retail coal prices United States postal savings Postal receipts Government debt, receipts and disbursements. Money in circulation from July 1, 1922 Domestic receipts of gold at mint Wholesale Prices of Commodities.. Oleomargarine production Consumption of manufactured tobacco, snuff, cigars, cigarettes, and oleomargarine. Internal Revenue taxes on specified articles .. 1 ron ore movement Sault Ste. Marie Canal traffic Barge traffic on Mississippi River Not published Statement of tax-paid products * Classified collections of Internal Bevenue Not published Not published Not published.... 25th of month. Wisconsin factory earnings and employment. Bulletin on Wisconsin labor market * 15th of month. Monthly Labor Review Monthly Labor Review Monthly Labor Review Postal Savings News Bulletin Statement of Postal Receipts * Daily Statement of the U. S. Treasury Federal Reserve Bulletin Not published Monthly. Monthly. , Monthly. 12th of month. 7th of month. Last day of month. Monthly. First week of month. II.—REPORTS FROM TRADE ASSOCIATIONS AND PRITATE ORGANIZATIONS. (Excluding individual firms reporting data to be combined with other firms or trade associations.) ABERTHAW CONSTRUCTION CO ABRASIVE PAPER AND CLOTH MANUFACTURERS' EXCHANGE. AMERICAN MANUTACTURERS ASSOCIATION OF PRODUCTS FROM CORN. AMERICAN BUREAU OF METAL STATISTICS. Buildiug costs Sales of abrasive paper and cloth. Construction trade papers. Not published Corn ground into starch,gluQOse, etc. Copper production Silver production Zinc production in Belgium Zinc stocks in United Kingdom AMERICAN FACB BRICK ASSOCIATION. Face brick production, stocks, etc.... AMERICAN IRON AND STEEL INSTITUTE. Steel ingot production AMERICAN PIG IRON ASSOCIATION Merchant pig iron production, etc AMERICAN RAILWAY ASSOCIATION Freight car surplus (Car Service Division). Freight car shortage Car loadings Bad-order cars AMERICAN TELEPHONE AND TELE- Stockholders in the company.. GR41»H C O . AMERICAN WALNUT MANUFACTURERS' Walnut lumber and logs ASSOCIATION. AMERICAN WRITING PAPER COMPANY. Purchases and sales of paper Not published Not published Not published Not published Not published Not published Press release to trade papers * Not published Summary of Car Surplusages and Shortages.* Summary of Car Surplusages and Shortages.* Information Bulletin • Information Bulletin • Financial papers 7th of month. Weekly. Weekly. Weekly. Third week of month. Quarterly. Not published. Not published AMERICAN ZINC INSTITUTE Production and stocks of tine Press release to trade papers * 15th of month. ANTHRACITE BUREAU OF INFORMATION Anthracite shipments and stocks.. Statement of anthracite shipments *. 15th of month. ASSOCIATION OF LIFE INSURANCE PRESIDENTS. BOSTON CHAMBER OF COMMERCE New life insurance business Not published Receipts of wool at Boston Fabricated structural steel sales before April, 1922. Number of tons carried 1 mile Average receipts per ton-mile Passengers carried 1 mile Railway employment Locomotives in bad order , * Multigraphed or mimeographed sheets. BRIDGE BUILDERS AND STRUCTURAL SOCIETY. BUREAU OF RAILWAY ECONOMICS , Trade papers Daily. No longer published Monthly. Summary of operating statistics Not published Monthly. Summary of operating statistics Not published. Not published 1 Imports and exports of gold and silver in Part II. 187 SOURCES OF DATA—Continued. CURRENT PUBLICATION. DATE OF PUBLICATION. U . - R E P O E T S FROM TEADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS-Continued. (Excluding individual firms reporting data to be combined with other firms or trade associations.) CALIFORNIA REDWOOD ASSOCIATION.. Redwood lumber production, etc Not published. CALIFORNIA WHITE AND SUGAR ASSOCIATION. CHICAGO BOARD OF TRADE Sugar pine lumber production, etc Not published. Wheat, corn and oats, receipts, etc Trade papers. Production of paper box board Not published.. PINE CONTAINER CLUB CREDIT CLEARING HOUSE. DAIRYMEN'S LEAGUE ASSOCIATION, INC. F. W. DODGE CO COOPERATIVE ENAMELED SANITARY MANUFACTURERS ASSOCIATION. FEDERATION OF IRON AND STEEL MANUFACTURERS (British). F I N E COTTON GOODS EXCHANGE Daily. Weekly. Credit conditions Credit.. Milk deliveries to milk plants Not published. Building statistics—Contracts awarded Statement on Building Statistics.. Enameled sanitary ware Not published British iron and steel production Trade papers Fine cotton goods production and sales Trade papers Monthly. Second week of month. ILLUMINATING GLASSWARE GUILD Illuminating glassware production, orders, etc- Not published JACKSONVILLE CHAMBER OF COMMERCE Turpentine and rosin receipts Naval Stores Review Weekly. KNIT GOODS MANUFACTURERS AMERICA. LEATHER BELTING EXCHANGE Knit underwear production, etc Monthly report • Monthly. Sales of leather belting Monthly report (. not published)... OF MAPLE FLOORING MANUFACTURERS ASSOCIATION. M C L E A N BUILDING REPORTS, L T D . . . Maple flooring production, etc Not published Canadian building contracts Canadian Building Review Monthly. MERCHANTS' EXCHANGE OF ST. LOUIS . Receipts and shipments of lead and zinc Mississippi River traffic Hardwood and softwood lumber, production and shipments. Linseed oil and oil-cake shipments Receipts and shipments at St. Louis Not published Not published 3d month. MICHIGAN HARDWOOD MANUFACTURERS' ASSOCIATION. MINNEAPOLIS CHAMBER OF COMMERCE . NATIONAL ASSOCIATION OF BRASS MANUFACTURERS. NATIONAL ASSOCIATION OF CORRUGATED AND FIBER B O X MANUFACTURERS. NATIONAL ASSOCIATION OF FARM EQUIPMENT MANUFACTURERS. NATIONAL ASSOCIATION OF SHEET AND T I N PLATE MANUFACTURERS. NATIONAL ASSOCIATION OF WOOL MANUFACTURERS. NATIONAL AUTOMOBILE CHAMBER OF COMMERCE. NATIONAL BOTTLE MANUFACTURERS' ASSOCIATION. NATIONAL INDUSTRIAL CONFERENCE BOARD, NATIONAL RETAIL DRY GOODS ASSOCIATION. NATIONAL WOOD CHEMICAL ASSOCIATION. N E W ORLEANS BOARD OF TRADE Monthly statements. Brass stop cocks, orders and shipments Not published Production of paper-box board Not published Agricultural pumps Sheet-metal production and stocks Business conditions (Chicago Reserve). Not published Federal Monthly. 19i3 figures for active textile machinery No longer published Production and shipments of passenger cars and trucks. Glass bottle production index Traffic bulletin * (production figures not published). N ot published Second week of month. Cost of living Monthly press release 21st of month. Department store trade (see Federal Reserve Federal Reserve Bulletin Board). Production of wood alcohol and acetate of lime. Not published Monthly. Rice distribution through New Orleans Monthly report First week of month. N E W ORLEANS COTTON EXCHANGE Cotton receipts into sight Monthly report First week of month. N E W S PRINT SERVICE BUREAU Canadian newsprint production, etc Monthly bulletin N E W YORK COFFEE AND SUGAR E X CHANGE. N E W YORK METAL EXCHANGE Coffee receipts, stocks, etc Monthly statement First week of month. Stocks of tin Trade papers First week of month. NORTH CAROLINA PINE ASSOCIATION.. North Carolina pine, production, etc Not published NORTHERN HEMLOCK AND HARDWOOD MANUFACTURERS' ASSOCIATION. NORTHERN PINE MANUFACTURERS' ASSOCIATION. OAK FLOORING MANUFACTURERS' ASSOCIATION. OHIO FOUNDRYMEN'S ASSOCIATION. . . Hemlock and hardwood lumber production, Not published etc. Northern pine lumber and lath Not published OPTICAL MANUFACTURERS' ASSOCIATION. PENNSYLVANIA RAILROAD CO Stockholders in the company Financial papers Quarterly. PKNSACOLA CHAMBER OF COMMERCE. Turpentine and rosin receipts Naval Stores Review Weekly. PHILADELPHIA MILK EXCHANGE Milk receipts at Philadelphia Not published PORTLAND CEMENT ASSOCIATION Cement paving contracts Concrete Highway Magazine PULLMAN COMPANY Pullman passenger traffic Not published Fire-clay brick production, t t c . Silica brick production,,etc. etc Rice receipts, stocks, etc Shipments of rope paper sacks Not published.. Not published.. Monthly report. REFRACTORIES MANUFACTURERS' SOCIATION. RICE MILLERS' ASSOCIATION AS- R O P E PAPER SACK MANUFACTURERS 1 ASSOCIATION. RUBBER ASSOCIATION OF AMERICA... 8ANTTARY POTTERS' ASSOCIATION 8AVANNAH BOARD OF TRADE SAVINGS BANKS ASSOCIATION OF STATE OF N E W YORK. SILK ASSOCIATION OF AMERICA Oak flooring, production, etc N ot published Ohio foundry iron production Monthly report * (not published;. Spectacle frames and mountings, sales, etc.... Not published Automobile tires, tubes, and raw material Sanitary pottery orders Turpentin e and rosin receipts Savings banks deposits in New York State Raw silk consumption, etc *Multigraphed or mimeographed sheets. Monthly. [ Not published. Monthly reports (not published). N ot published Naval Stores Review Not published Weekly. Monthly press release to trade papers *.. 5th of Month. 188 SOURCES OF DATA—Continued. CURRENT PUBLICATION. DATS OT PUBLICATION. U.—REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS—Continued. (Excluding individual firms reporting data to be combined with otherfirmsor trade associations.) SOUTHERN PIN* ASSOCIATION STEEL BARREL MANUFACTURERS' ASSOCIATION. STEEL FOUNDERS' SOCIETY STOKER MANUFACTURERS' ASSOCIATION. STRUCTURAL STEEL SOCIETY TANNERS' COUNCIL TWIN CITY MILK PRODUCERS' ASSOCIATION. U. S. STEEL CORPORATION UNITED TYPOTHETAE OF AMERICA WEST COAST LUMBERMEN'S ASSOCIATION. WEBBING MANUFACTURERS' EXCHANGE. WESTERN PINE MANUFACTURERS' ASSOCIATION. Yellow pine production and stocks. Steel barrel shipments Sales of steel castings.. Sales of stokers Sales of fabricated structural steel Leather production through May, 1922.. Milk production, Minnesota Unfilledorders. Earnings Stockholders. Wages of common labor. Printing activity Douglas fir lumber production, etc Sales of elastic webbing Western pine lumber production, etc. Not published in form used Monthly reports * (not published).. Not published. Not published.. Not published.. Not published.. Not published.. Pressrelease* Pressrelease* Financial papers Special reports • Typothetae Bulletin. Not published 10th of month. Monthly. Quarterly. Occasionally. Monthly. Not published.. Not published. SOURCE. DATE OF PUBLICATION. ID.—REPORTS FROM TECHNICAL PERIODICALS. Composite pig iron and steel prices New York stock sales New York closing stock prices , Foreign exchange rates, 1914 to 1918 State and municipal bond issues Muncipal bond yields Visible supply oi wheat and corn Bank clearings, United States and Canada. Price index Business failures, Canada Price index for France AMERICAN METAL MARKET. THE ANNALIST THE BOND BUYER. BRADSTREET'S BULLETIN DE LA STATISTIQUE QENERALE CHEMICAL AND METALLURGICAL ENGINEERING. COAL AGE COMMERCIAL AND FINANCIAL CHRONICLE Dow, JONES & Co. (WALL STREET JOURNAL). DUN'S REVIEW ENGINEERING AND MINING JOURNAL-PRESS. ENGINEERING NEWS RECORD FINANCIAL POST Price index for Germany. Hay reoeipts Pig-iron production Compositefinishedsteel price Iron and steel prices Railway freight car orders , Price index for United Kingdom. FRANKFURTER ZEITUNG HAY TRADE JOURNAL IRON AGE IRON TRADE REVIEW LONDON ECONOMIST LUMBER MILK REPORTER Chemical price index Mine price of bituminous coal. Cotton (visible supply) I n teres t rates Mail order and chain store sales New York bond sales i New York bond prices Mexican petroleum shipments Business failures Price index Rand gold production Silver prices Construction cost and volume index.. Canadian bond issues , Price indices of lumber Milk receipts at Greater New York.. First or second week of month (daily). First weekly issue of month (Mondays). Weekly (Mondays). Weekly (Mondays). First weekly issue of month (Saturdays). First weekly issue of month (Saturdays). Weekly (Saturdays). First weekly issue of month (Saturdays). Second weekly issue of month (Saturdays). First weekly issue of month (Saturdays). Monthly. Weekly (Wednesdays). Weekly (Thursdays). Weekly (Saturdays). Weekly (Saturdays). Second or third weekly issue of month (Saturdays). First week of month (dally). First week of month (daily). 20th of month (daily). First weekly issue of month (Saturdays). First weekly issue of month (Saturdays). Second weekly issue of month (Saturdays). Second weekly issue of month (Saturdays). First weekly issue of month. Weekly (Thursdays). Monthly. Weekly (Fridays). First weekly issue of month (Thursdays). Weekly (Thursdays). Weekly (Thursdays). First weeklv issue of month (Thursdays). 10th of month. First weekly issue of month (Fridays.) I Weekly. Weekly. Weekly (Saturdays). MODERN MILLER Argentine visible supply of wheat and corn NAVAL STORES REVIEW Turpentine and rosin, receipts and stocks. NEUE ZURICHER ZEITUNG Price index for Switzerland Dividend and interest payments First week of month (daily). New capital issues First week of month (daily >. New corporations . First week of month %(daily), Fire losses 10th of month (daily). Newspaper advertising Not published. Flaxseed, receipts, etc Weekly (Wednesdays). Argentine grain shipments Weekly (Wednesdays). Wheatflourproduction for 1917 Price indices of drugs, oils, etc , Weekly (Mondays). Argentine shipments and supply of flaxseed Weekly (Mondays). Mexican petroleum shipments 10th of month (monthly) Magazine advertising j Second week of month. Wheatflourproduction, from July, 1920 Weekly compilation (daily). Sugar stocks, receipts, meltings, and Cuban statistics... Weekly (Fridays). Price index for Sweden NEW YORK JOURNAL OF COMMERCE NEW YORK EVENING POST. NORTHWESTERN MILLER OIL, PAINT, AND DRUG REPORTER... OIL TRADE JOURNAL PRINTERS' INK RUSSELL'S COMMERCIAL NEWS STATISTICAL SUGAR TRADE JOURNAL, SVENSK HANDELSTIDNTNG INDEX. Page numbers refer to data in detailed tables (pp. 46 to 183) only. Items in the table on "Trend of Business Movements" (pp. 24 to 45) and in the text are arranged in groups which should make reference easy without the necessity of an index. Note that only the page containing the index number tables is given here. Where the numerical data for these items are in a separate table, they will always be found on the page opposite the index numbers. Page. Abrasives, paper and cloth 82 Acetate of lime, production 103 Advertising, magazine and newspaper.. 138 American Telephone and Telegraph Co., stockholders 162 American Wholesale Corp., sales 140 Animal fats, production, consumption, and stocks 104 Apples: Production (crop estimate) 112 Stocks and shipments 113 Argentina: Flaxseed, shipments and stocks 106 Foreign exchange rate 166 Grain, shipments and stocks 106 Australia: Employment 182 Price index 151 Automobiles: Production and shipments 71 Taxes 71 Tires and tubes 72 Bad-order cars 134 Bad-order locomotives 136 Banks: Clearings, Canada 174 Clearings, condition and debits 156 Barley: Exports 114 Production (crop estimate) 112 Receipts (market) 114 Wholesale price 110 Beef, consumption, cold-storage holdings, exports, production, and prices.. 120 Belgium: Coal production 178 Employment 182 Foreign exchange rate 166 Metal production 180 Belting, leather, sales 74 Bonds, issues, sales, yields, and prices. 158 Boots and shoes: Exports and prices 76 Production 74 Bottles, glass, production 88 Boxes, paper, production, etc 80-82 Brass stopcocks 62 Brazil: Coffee* receipts and clearances 126 Foreign exchange rate 166 Bricks, production, stocks, etc 96 British India: Foreign exchange rate 166 Price index 151 Page. Building: Costs 88 Contracts awarded 84,86 Volume, index 88 Building contracts, Canada 173 Building materials, price index 149 Burlap, imports 51 Business failures 160 Business indicators 3 Butter, production, receipts, prices, etc. 124 Canada: Bank clearings, bonds, and business failures 174 Coal production 178 Employment 174,182 Exports of key commodities 174 Foreign exchange rate 166 Foreign trade 174 Iron and steel production 180 Paper, buildings, and railroad operations 173 Price index 151 Canals, traffic through 132 Candy, sales 138 Capital issues, new 158,160 Cars, freight: Loadings, shortage, and surplus.. . 134 Orders for construction 60 Castings, steel 58 Cattle: Receipts, shipments, and slaughter. 116 Wholesale price 110 Cement, production, stocks, prices, etc. 100 Cereals: Exports 114 Production, United States 112 Shipments and stocks, Argentina.. 106 Chain stores, sales 142 Cheese: Cold-storage holdings 124 Exports from Canada 174 Production, receipts, and prices... 124 Chemicals: Exports and imports 102 Price index 149 Production, prices, wood consumption, etc 103 Chile, foreign exchange 166 Cigars and cigarettes, consumption 130 Citrus fruits, car-lot shipments 113 Clothing, cost of, index numbers... 148,149 Coal: Exports from United Kingdom 176 Exports from United States 66 (189) Coal—Continued. Foreign production 178 Loadings 134 Production, stocks, and prices 66 Coconut oil, production, consumption, and stocks 108 Coffee, imports, stocks, and Brazilian movement 126 Coke, production, exports, and prices.. 66 Cold-storage holdings: Apples 113 Butter and cheese 124 Eggs, fish, and poultry 125 Meats 120 Comparison, volume of production 63 Concrete pavements, contracts 100 Condensed and evaporated milk .• 122 Condition, banks 156 Construction: Contracts awarded, building 84, 86 Contracts, building, Canada 173 Cost and volume indexes 88 Copper, exports, prices, and production. 64 Copra, consumption, and stocks for oil. 104 Corn: Exports from United States 114 Production (crop estimate) 112 Receipts, shipments, grindings, and visible supply 114 Shipments and visible supply, Argentina 106 Wholesale price 110 Corn germs, consumption, and stocks for oil 104 Corn oil, production, consumption, and stocks 108 Corporations, new 160 Corporation stockholders 162 Cost of living 148 Costs, building construction 88 Cotton: Consumption, exports, imports, receipts, stocks, etc 49 Prices 54 Spindles, active 52,53 World production 46 Cotton fabrics: Cloth, exports 50 Consumption by tire manufacturers 72 Exports from United Kingdom 176 Fine goods, production and sales... 50 Knit underwear, production, etc... 50 Price wholesale, print cloth, and sheetings 54 Cotton yarn, price wholesale 54 190 I N D E X—Continued. Page numbers refer to data in detailed tables (pp. 46 to 183) only. Items in the table on "Trend of Business Movements" (pp. 24 to 45) and in the text are arranged in groups which should make reference easy without the necessity of an index. Xote that only the page containing the index number tables is given here. Where the numerical data for these items are in a separate table, they will always be found on the page opposite the'index numbers. Page. Cottonseed oil: Production, consumption, and stocks 107,108 Wholesale price 110 Cottonseed stocks 101 Credit conditions: Indebtedness and orders, wholesale trade 164 Payments, wholesale trade 163 Crops: Cotton 49 Food crops, production 112 Prices, index numbers 149 Prices, producers' and wholesale... 110 Tobacco 130 Cuba, sugar movement 128 Customs, receipts 152 Czechoslovakia, coal production 178 Debits to individual accounts 156 Debt, United States Government 152 Denmark, employment 182 Department stores: Sales 140,142 Stocks 143 Dividend and interest payments 160 Dress goods, wholesale price 54 Drugs and pharmaceuticals, wholesale price index 103 Dyes and dyestuffs, exports from United States 102 Earnings: Express companies Labor, Wisconsin factories Railroads Telephone and telegraph companies Eggs, cold-storage holdings and receipts. Elastic webbing, sales Electric power, production Emigration Employment: Canada Employment agencies, state and municipal Factories and railroads Foreign countries Expenditures, United States Government Exports. {See Foreign trade and individual commodities.) Express earnings, revenues and incomes Fabricated structural steel, sales Factories, employment in Farm prices, index Farm products, prices Federal reserve banks, condition of Federal Reserve Board, price index 136 146 136 160 125 51 66 146 174 144 146 182 152 136 60 146 149 110 156 150 Page. Federal reserve districts: Department store stocks 143 Dry goods, groceries, and hardware sales 139 Retail sales, department and chain stores 142 Savings deposits 154 Fertilizer, exports 102 Fiber, imports 51 Fish, catch and cold-storage holdings 125 Fish oil, production, consumption, and stocks 106 Flaxseed: Consumption and stocks for oil 104 Exports and stocks, Argentina 106 Receipts, shipments, and stocks 101 World production 47 Flooring, production, shipments, stocks, etc 94 Flour, wheat: Production, consumption, and stocks 114 Wholesale price 110 Food, cost of, index numbers 148,149 Foreign countries: Coal production 178 Employment 182 Metal production 180 Price comparisons 151 Foreign exchange rates and index numbers 166 Foreign trade: Canada 174 United Kingdom 176 United States exports 170 United States imports 168 Vessels in United States ports 132 Forest products, car loadings 134 France: Coal production 178 Foreign exchange 166 Iron and steel production 180 Price index 151 Freight cars: Bad order, loadings, shortage, and surplus 134 Orders for construction 60 Freight rates, ocean 132 Fruits, car-lot shipments 113 Fuel, cost of, index numbers 148,149 Furnishings, cost of, index numbers 148 Gas and fuel oil, production and stocks.. Gasoline, consumption, exports, production, and stocks Germany: Coal and lignite production Employment Foreign exchange rates Glass, bottles and illuminating ware, production, etc 70 68 178 182 166 88 Page. Gold receipts, exports, imports, and Rand output 172 Government finances: Debt, receipts, and disbursements.. 152 Grains: Exports 114 Exports and visible supply, Argentina 106 Loadings 134 Production, United States 112 Production, world, wheat 46 Receipts, shipments, and visible supply 114 Grease, production, consumption, and stocks 104 Hay: Production Receipts Hides and skins: Imports and prices Production and stocks Hogs: Receipts, shipments, and slaughter. Wholesale price Housing, cost of, index numbers 112 113 76 74 116 110 148 Ice cream, production 122 Illuminating glassware, production, etc. 88 Immigration 146 Imports. (See Foreign trade and individual commodities.) Incorporations, new 160 Indebtedness, wholesale trade 164 India. (See British India.) India rubber, prices and imports 72 Insurance, life, new business 153 Interest rates 156 Internal revenue, automobile taxes 71 Iron, foundry, Ohio 56 Iron and steel (see also Pig iron and steel): Exports, imports, production, and ' prices 56, 58, 60 Exports from United Kingdom. . . . 176 Finished products, production, etc. 58 Iron ore movement, Sault Ste. Marie Canals 56 Issues, new capital: Corporations 160 Municipalities 158 Italy: Foreign exchange 166 Price index 151 Japan: Coal production Foreign exchange rates Price index Jobs, registered and applicants for 178 166 151 144 191 I N D E X—Continued. Page numbers refer to data in detailed tables (pp. 46 to 183) only. Items in the table on "Trend of Business Movements" (pp. 24 to 45) and in the text are arranged in groups which should make reference easy without the necessity of an index. Note that only the page containing the index number tables is given here. Where the numerical data for these items are in a separate table, they will always be found on the page opposite the index numbers. Page. Kerosen e oil, production and stocks Kresge, S. S. Co., sales Kress, S. H. & Co., sales 70 140 140 Labels, paper, production, and orders... 82 Labor: Earnings 146 Employments 144,146 Lamb and mutton, cold-storage holdings and production 120 Lead, receipts, shipments, and prices... 64 Leather : Belting, sales of 74 Exports and prices 76 Production and stocks 74 Life insurance, new business 153 Light, cost of, index numbers 148,149 Lignite, foreign production 178 Linseed oil: Production, consumption, and stocks 108 Shipments 107 Linseed-oil cake, shipments 107 Live stock: Loadings 134 On farms 127 Receipts, shipments, and slaughter. 116 Living, cost of 148,149 Locomotives: Bad order 136 Shipments and unfilled orders. . . . 60 Lubricating oil, production and stocks. 70 Lumber, production, stocks, prices, etc. 89, 90,92 Luxemburg, iron and steel production. 180 McCrory Stores Corp., sales 140 Magazine, advertising 138 Mail-order houses, retail sales 140,142 Manufacturing indexes 63 Meat and meat products, production, holdings, consumption, and exports.. 120 Metal production, foreign 180 Metals, price index 149 Mexico, petroleum shipments 68 Milk, production, receipts, etc 122 Mississippi River, cargo traffic 132 Money in circulation 152 Montgomery Ward & Co., sales 140 Municipal bonds, issues and yields 158 Mutton, production, and cold-storage holdings 120 Netherlands: Coal production Employment Foreign exchange rates New capital issues New corporations 178 182 166 160 160 Page. New York State: Canal traffic Employment Savings bank deposits New York Stock Exchange, sales Newspaper advertising Newsprint paper: Canada, production, etc Production, exports, stocks, prices, etc Nitrate of soda, imports Nonferrous metals, production, exports, prices, etc Norway, employment Oats: Exports Production (crop estimate) Receipts and visible supply Shipments, Argentina Wholesale price Ocean freight rates Ohio, foundry, iron production Oils: Essential, wholesale price index... Vegetable and fish Onions, car-lot shipments Optical goods, sales and unfilled orders. Ore, car loadings (see also Iron ore) Owl Drug Co., sales Panama Canal, traffic Paper: Boxes, corrugated and solid fiber... Folding boxes, labels and sacks Newsprint Production and stocks, other grades Pay roll, New York and Wisconsin factories Payments, dividend and interest Peanut oil, production, consumption, and stocks Peanuts, hulled, consumption, and stocks for oil Penney, J. C , Co., sales Pennsylvania Railroad Co., stockholders Petroleum, crude, production, consumption, etc Pig iron: Prices, production, etc Production, foreign countries Poland, coal production Postal receipts Potash, imports Potatoes: Car-lot shipments Production (crop estimate) Pottery, sanitary, orders received 132 146 154 158 138 173 78 102 64 182 114 112 114 106 110 132 56 103 108 113 88 134 140 132 80 82 78 80 146 160 108 104 140 162 68 56 180 178 138 102 113 112 98 Page. Poultry, receipts, and cold-storage hohings 125 Power, electric, production 66 Price index (see also Individual commodities) : Bonds 158 Bradstreet's (wholesale) 150 Building and construction costs 88 Department of Labor (wholesale).. 149 Drugs and chemicals 103 Dun's (wholesale) 150 Farm products 149 Federal Reserve Board (wholesale) 150 Food, retail 149 Foreign * 151 Stocks 158 Prices: Brick 96 Butter and cheese 124 Cement 100 Coal and coke 66 Comparison, wholesale 151 Drugs and chemicals ] 03 Farm products 110 Flour 110 Hides and leather products 76 Iron and steel 58 Lumber 90, 92 Meats 120 Newsprint paper 78 Xonferrous metals 64 Petroleum 68 Pig iron 56 Rubber 72 Silver 172 Sugar 128 Textiles 54 Tobacco 130 Printing, activity and sales 78 Production. (See Individual commodities.) Production indexes 63 Public finance 152 Railroad operations, Canada Railroads: Employment Financial operations and traffic Freight car movement Raw materials, Department of Commerce indexes Receipts, United States Government.. Retail sales, Federal Reserve districts. Retail trade Rice: Exports, imports, receipts, shipments, and stocks Production (crop estimate) World production. 173 146 136 134 63 152 142 140 117 112 47 192 I N D E X—Continued. Page numbers refer to data in detailed tables (pp. 46 to 183) only. Items in the table on "Trend of Business Movements" (pp. 24 to 45) and in the text are arranged in groups which should make reference easy without the necessity of an index. Note that only the page containing the index number tables is given here. Where the numerical data for these items are in a separate table, they will always be found on the page opposite the index numbers. Page. Rope paper sacks, shipments 82 Rosin, receipts and stocks 94 Rubber: Consumption by tire manufacturers. 72 Imports and prices 72 Rye: Exports 114 Production (crop estimate) 112 Receipts 114 Wholesale price 110 Page. Sweden : Employment Foreign exchange rates Price index Switzerland: Foreign exchange rates Price index 182 166 151 166 151 Taxes: Automobiles and accessories 71 Theater admissions 138 St. Louis, lead and zinc movement 64 Tea, imports into United States 126 Sales, retail 140 Telegraph and telephone, revenues and Sales, wholesale, Federal Reserve disearnings 160 tricts 139 Ten-cent stores, sales 140 Salmon, canned exports from Canada.. 174 Textiles: Sanitary ware, orders, shipments, and Active machinery 52, 53 stocks 98 Cotton 49 Sault Ste. Marie Canal traffic 132 Knit underwear 50 Savings deposits 154 Silk and miscellaneous 51 Sears, Roebuck & Co., sales 140 Wholesale prices 54 Sheep: Wool 48 Receipts, shipments, and slaughter. 116 138 Wholesale price 110 Theaters, taxes Shelter, prices of, index numbers 148 Tin, imports, prices, and stocks 64 Ships, building and movement 60 Tires, production, stocks, and shipSilk, consumption, imports, and stocks. 51 ments 72 Silk, raw, wholesale price 54 Tobacco, production, exports, prices, Silver, exports, imports, production, etc 130 and prices 172 Turpentine, receipts and stocks 94 South Africa, coal production 178 Spectacle frames and mountings, sales and unfilled orders 88 Steel: Barrels and drums 62 Castings 58 Prices, production, etc 58 Production, foreign countries 180 Structural, sales *... 60 Stockholders, corporations 162 Stokers, sales 62 Stopcocks, brass 62 Sugar: Exports, stocks, prices, etc 128 Production, stocks, etc 127 World production 47 Suitings, wool, wholesale price 54 Sulphuric acid: Exports 102 Wholesale price 103 Underwear, knit, production, shipments, orders, etc Unemployment, Pennsylvania United Cigar Stores Co., sales United Kingdom: Coal production Employment Foreign exchange rates Imports, exports, and reexports Iron and steel production Price index Zinc stocks United States Government: Debt, receipts, and expenditures.. Postal receipts United States Steel Corp.: Stockholders Earnings and unfilled orders o 50 146 140 178 182 166 176 180 151 180 152 138 162 58 Page. Vegetable oils: Exports and imports 107 Production, consumption, and stocks 108 Vessels, construction, cleared, and entered 132 Ward, Montgomery, & Co., sales 140 Webbing, elastic, sales 51 Wheat: Exports and visible supply, Argentina 106 Exports from Canada 174 Exports from United States 114 Production (crop estimate) 46 Receipts, shipments, and visible supply 114 Wholesale price 110 World production 46 Wheat flour: Production, consumption, and stocks 114 Wholesale price 110 Wholesale sales, Federal Reserve districts 139 Wholesale price comparisons 4 Wisconsin, employment 146 Wood alcohol, production, stocks of wood, etc 103 Wood pulp, production, consumption, imports, and stocks 83 Wool: Consumption, imports, receipts, and stocks 48 Machinery, active 52, 53 Price, wholesale 54 Woolens, exports, United Kingdom 176 Woolworth, F. W., Co., sales 140 Workers, registered and placed 144 World production: Cotton and wheat 46 Sugar, flaxseed, and rice 47 Worsted yarn, wholesale price 54 Zinc: Price, production, stocks, etc Production in Belgium Stocks in United Kingdom 64 180 180