View original document

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
AS OF

JANUARY 1, 1922
No. 6

COMPILED BY

BUREAU OF: THE CENSUS
BUREAU OF FOREIGI^AND DOMESTIC COMMERCE
BUREAU OF STANDARDS




CONTENTS.
Page.

Page.

reiiminary summary for January (text)
immary for December (text and diagrams)
rend of business movements (summary table)
etailed tables:
Textiles (tables 1 to 9)
Metals (tables 10 to 17)
Fuels (tables 18 to 21)
Paper, rubber, automobiles, glass (tables 22 to 28)
Hides and leather (tables 29 to 34)
Building construction and materials (tables 35 to 44)
Food products, tobacco, and chemicals (tables 45 to 61)...




Detailed tables—Continued.
Foreign exchange and trade of the United States (tables
62 to 67)
92
Transportation (tables 68 to 74)
98
Distribution movement (tables 75 to 79)
105
Labor and price indices (tables 80 to 86)
HO
Banking and finance (tables 87 to 96)
116
Trade of foreign countries (tables 97 to 114)
126
i44
Sources of data
Index
147

5
7
18
34
42
50
54
60
66
76
(2)

INTRODUCTION.
The January number of the SURVEY is the first
regular quarterly issue giving detailed figures for all
items. This number is of special interest, because,
for the majority of items, it gives the monthly movement for the whole of 1921. The items in the detailed
tables have been rearranged and the footnotes have
been expanded. In response to requests from several
sources, blank lines for the first three months of 1922
have been added to each table. This will enable those
who care to do so to enter such new figures as they
are interested in as soon as they appear.
The text has been separated into two parts, the
first being a preliminary survey for January, 1922,
based on reports of current conditions received by
the Department of Commerce. The second part is a
statistical summary for the month of December, 1921,
and points out the trends as shown by the actual
statistics reported in this bulletin.
In the large summary table entitled uTrend of.
Business Movements" (pp. 18 to 31) index numbers
are given for the current months instead of percentage changes, as in the preceding issues. These
index numbers enable comparisons to be made
directly with preceding periods or with other months.
The detailed tables which make up the bulk of this
number give, for each item, both numerical data
and index numbers covering the last two years by
months, and show monthly averages for the nine
years, 1913 to 1921, so far as such data are available.
The list of sources of information, pages 144 to
146, has been expanded to indicate the exact source
and publication, if any, from which the various data
are taken. The usual time of appearance of each
set of data is also indicated wherever possible.




(3)

The alphabetical index, pages 147 to 149, will enable the reader to find readily the items in which he
is interested.
USE OF INDEX NUMBERS.

For the benefit of those readers who did not receive
the earlier numbers of the SURVEY it may not bo
out of place to point out the advantage of index
numbers as a rapid method of gaining a bird's-eye
view of the trend of business. For this purpose
reference may be made to the second item in the large
table on page 18, viz—the imports of unmanufactured wool. The index number for December, 1921,
is 99, which shows at once that imports of this commodity were 1 per cent less in December than the
average monthly imports for 1913, the base period.
The index number for November, 1921, was 87,
so that there was a considerable increase in the last
month over November. The final column of the
table shows that this increase amounted to 14.4 per
cent. The index number for wool imports in October
was only 72. This, together with the index numbers for the two succeeding months (87 and 99,
respectively), show that this movement has been
increasing, although it is still below the prewar average. The September, 1921, index number was 115j
indicating that for that month imports of wool were
15 per cent above the 1913 average. In November
and December, 1920, wool imports were 97 and 106,
respectively. From a study of these figures it is
possible to obtain a clear idea of the trend in each
industrial movement.




COMPARISON OF WHOLESALE AND RETAIL FOOD PRICE INDEX NUMBERS.
WITH INDEX OF ALL COMMODITIES AT WHOLESALE*
(CT. S. Department of Labor Index.)
1916
290

J F M A M

1917

1918

1919

1920

1921

PRELIMINARY SUMMARY FOR JANUARY.

Trade reports indicate that, although actual business did not show any great increase in January, there
was a continued improvement in fundamental conditions. A spirit of optimism prevails in practically
every industry. I t is believed in trade channels that,
as soon as the period of inventory and tax adjustments has passed, there will be renewed activity.
This was already evident toward the end of the month.
In the following paragraphs there is given a brief
summary of reports reaching this department on trade
conditions during January:
IRON AND STEEL.

The operation of steel plants underwent little
change in January from that obtaining at the close of
1921. No definite trend in blast-furnace production
has been evident. Pig iron and ferroalloys have
been purchased for immediate needs only.
Semifinished and finished steel markets have been
relatively dull, with business done in moderate quantities, except in the case of sheets and tin plate, which
continue active. Sheet mills in the Pittsburgh district are operating above 70 per cent of capacity,
while tin-plate mills are running at about 90 per cent.
Pipe demand has been quiet, but Pittsburgh mills are
said to have sufficient tonnage on their books to warrant operation at about 75 per cent of normal capacity.
Completion of consumers' inventories has not yet run
its course, which fact has retarded the boom expected
in the early part of this year.
Export trade has continued fairly active, with
Japan the leading buyer in the lighter products, such
as black sheets, tin plate, and wire products.
TEXTILES.

Very little change has occurred in the textile business. There has been, in general, no improvement
in booking new business for mill production in cotton,
wool, and silk, though here and there a fair business
is being conducted.
Reductions in prices by the American Woolen Co.
in its opening of fall lines and the settlement of the
New York garment workers' strike lent a tone of encouragement to the trade.

AUTOMOBILES.

Little actual business of importance in the automobile trade is to be expected in January; however, the
interest which has been evident at the shows speaks
well for the spring trade. Prices have been reduced
to approximately prewar values, while manufacturers
are competing with each other to bring out better and
longer-lived cars.
FUELS.

Bituminous coal production in the second week of
January reached the highest point since late in
November and was above the level of any week of
1921, except the very beginning of the year and the
temporary rise in October, caused by apprehension
over a railroad strike. Production of anthracite coal
has also increased from the December depression.
Latest statistics at hand on the petroleum industry
indicate a steady increase in the daily average production during the first half of January.
BUILDING CONSTRUCTION AND MATERIALS.

The amount of contracts awarded in January, 1922,
is running about 20 per cent below December, 1921.
This is usual for this season, when building operations
are slowed up by weather conditions. In addition,
the amount of contracts awarded during the last
months of 1921 was fairly large, and uncertainty in
regard to prices of certain building materials, and in
some cases in regard to wages in the building trades,
does not encourage prospective builders to place their
orders far ahead of the time when construction can
begin.

HIDES AND LEATHER.

The opening of the year finds the hide and leather
industry stabilized by a return of reasonable confidence. While the early part of January was marked
by seasonal quietness, there are indications all along




the line of better trade conditions than (hiring the
past year.
Although hide markets have been dull and not
much business has been transacted, the tone has been
firm, with a general anticipation of higher price levels
in the near future. It is the feeling of the trade that
both leather buyers and tanners, with few exceptions,
are carrying stocks which will be inadequate to meet
any reasonable expansion in their orders. By the
middle of January the leather market became more
active, accompanied by a noticeable increase in inquiry for all classes of leather.
The outlook in the boot and shoe industry reflects
greater optimism than has prevailed for many months.
A fair volume of orders for staple and medium lines
has been received in all districts.

(5)

Building material producers have the capacity to
meet a fairly large demand, and are generally prepared to do so, as the need for new construction has
been well advertised. In slow-moving commodities,
however, there are always likely to be temporary or
local shortages accompanied by price flurries.
The building material market during January
shows decreases in the price of lime and glass at producing points, and there were further decreases in the
price of cement at different points.
Of interest to building-material men were the hearings granted by the Interstate Commerce Commission late in January in regard to railroad rates on
lumber, brick, cemeilt, sand, gravel, lime, gypsum,
and other building materials. It is not probable that
the Interstate Commerce Commission will be able to
take any action on these hearings before March.
RUBBER.

Tire production in large and small factories in the
last month has shown that the level to which the
industry reduced its activities in September and
October is as low as will be reached. There have even
been distinct signs of recovery from the seasonal declines made in those months. Spring dating orders
have been satisfactory. The stocks are low, and, with
the continually increasing number of automobiles in
operation, the business of the tire manufacturers is
expected to increase until the summer maximum is
reached.
A better tone is apparent in the mechanical rubber
goods end of the industry, due somewhat to the better
situation in other manufacturing lines which enables
them to buy equipment more freely.
Reduction in rubber footwear prices is encouraging
dealers, most of whose stocks are low, to fill out their
lines, and, as a result, the situation promises greater
activity for the footwear factories.
FOODSTUFFS.

The grain market, which started under some depression the first week of January, has gradually improved. The principal depressing factors were an increase in the official wheat estimate of 54,000,000
bushels, due to revision of acreage on the basis of
census figures, offerings of new Argentina wheat under
United States prices, and a rather slow export demand. On the other hand, the poor condition of the
winter wheat crop, both in this country and Europe,
with continued winter drought, has had a sustaining
effect. The taking of corn for Russian relief, while
not a large factor, has helped the corn market. Flour
production continues low, less than 1,900,000 barrels
a week, which is considerably below the normal rate
of consumption.
The live-stock market for January has been characterized by receipts 25 to 30 per cent smaller than for




the same period a year ago and a general strengthening of the market. Sheep and mutton have both increased in price since the first of January, while hog
prices are also up. Cattle and beef prices have shown
a smaller increase.
AGRICULTURAL IMPLEMENTS.

There has been no change in business conditions
affecting the implements industry since the depression
began, the principal obstacle in the way of a resumption of business being the inability of the farmers as a
class to finance their requirements. Little recovery
is looked for until there is a readjustment of freight
rates and a more equitable relationship between the
prices received by the farmer for his product and
the prices which he must now pay for commodities
required by him. However, the industry has passed
through the worst phase of the depression, the hindrances are gradually weakening in their resistance,
and from week to week there becomes evident an improvement that is slowly but surely leading back to
normal.
ELECTRICAL GOODS.

Sales of electrical goods show a continued slow improvement generally in the Central and the Western
states; in the Eastern states business is quite dull,
but, taking the country as a whole, conditions indicate
an upward trend. Stocks carried over by jobbers are
shown by recent inventories to be moderate.
Apparatus lines have probably shown the least
activity in the domestic market, though current business is said to compare well with .that of recent weeks.
Supply lines are moving slowly, with indications
pointing to greatly increased activity shortly as new
building operations are undertaken. Household appliance lines of all kinds seem to be moving well.
Dealers are buying freely to fill up broken lines after
the holiday rush. Lamps are selling well in the East
with less activity in the West.
On the whole, the trade regards conditions as quite
satisfactory for this time of the year.
HARDWARE AND OFFICE APPLIANCES.

Sales of hardware for the whole country are reported
as fair for this time of the year, although certain
districts state that there is little activity in the wholesale market. In general, however, conditions seem
satisfactory. Prices on many lines of goods carried
in the hardware trade have declined to the point
where no further reduction can be expected, and
consumers are, therefore, more willing to buy.
Sales of office furniture and appliances have shown
no marked increase during January, although the
trade is improving in certain districts. Reports indicate that buyers are in a more receptive mood, thougn
placing orders rather slowly.

SUMMARY FOR DECEMBER.
The month, of December, figures for which are now
available, showed a further decline in industrial activity, continuing the movement noticed in November
after .the October spurt. In some lines this slowing
down was seasonal, but the wide range covered by
the production declines and the evidence of somewhat greater unemployment of labor showed that the
country as a whole was facing a reaction from the
fall boom.
The big seasonal feature of December business
activities that is watched as an indication of purchasing power—the holiday retail trade—showed an
increase over 1920 in most lines, but the industrial
activity which had produced these goods had already
taken place several months before.

32 commodities for which this comparison is available,
only seven—wheat flour, cottonseed oil, yellow pine
lumber, cigarettes, petroleum, woolens, and oak flooring—gained in production over 1920, and only six—
wheat flour, cottonseed oil, cement, petroleum, electric
power, and oak flooring—showed a greater production
than in 1919, although face brick and anthracite coal
equaled the 1919 figures. Also only six commodities—
cement, woolens, oleomargarine, petroleum, cigarettes,
and oak flooring—were produced in,greater quantity
in 1921 than in 1913.
DIAGRAM 1.—COMPARISON OF P R E S E N T PRODUCTION WITH
PREWAR.

(Relative production of 1913=-100.)
100

INDEX NUMBERS
200

PRODUCTION.

Many lines of industry showed a considerable slackening of production during December. The exceptions to this trend were pig iron, zinc, sole leather,
by-product coke, oak flooring, silica brick, petroleum,
oleomargarine, electric power, mechanical wood pulp,
and newsprint paper. As compared with these 11 increases there were 20 decreases from November recorded.
But the picture is not quite so dark when it is
realized that, of the commodities for which December
1921, figures are now available, even a smaller number
showed an increase in December, 1920. Bituminous
and anthracite coal, sole leather, petroleum, electric
power, mechanical wood pulp, and newsprint paper
were the only ones to gain in that month.

W H E A T FLOUR

BEEF PRODUCTS

PORK PRODUCTS

OLEOMARGARINE

WOOL
(CONSUMPTION)
COTTON
(CONSUMPTION)

BITUMINOUS
COAL
ANTHRACITE
COAL

COMPARISON OF PRESENT PRODUCTION WITH PREWAR.
BEEHIVE

COKE

RELATIVE 1'RODUCTION (1913=100).
BY-PRODUCT
COKE

Maxi- Mini- 1920, 1921,
mum mum aver- aver- Nov.. Dec., Nov., Dec.,
1920. 1920. 1921. 1921.
in
in
1920. 1921. age. age.
FOODSTUFFS:

Wheat flourl
Beef products
Pork products 2
Oleomargarine

116
108
175
308

65
88
87
64

84
121
111
253

166
123

74
76

124
117

132
109
74

71
78

152

92
132
113
271

81
108
137
201

101
113
118
148

211

135
93

69
69

60
61

163
*109

159
106

85
95
17

128
98
59

132
109
54

189

1S7

188

90
90
17
167
182

77
78
17
176
203

115
124
79
115

106
110
71
138

55
78
21
73

CRUDE *
PETROLEUM

64
67

85
262
73
231
63

82

84
STEEL I N G O T 8

CLOTHING:

Wool (consumption)
Cotton (consumption)
FUELS:

Bituminous coal..
Anthracite coal
Beehive coke
By-product coke..
Crude petroleum

193

121
171

116
97
62
242
181

132
155
90
167

34
38
16
50

118
135
83
138

54
66

229

53
64

109
161

107
186

110

94

116
254

119
349
114

73
231
68

105
287
90

90
327
87

106
272
54

80
217
48

98
326
83

Q

METALS:

Pigiron
Steel ingots.
Copper
Zinc..

62

BUILDING MATERIALS:

Cement
Oak flooring
TOBACCO:

Cigars
....
Cigarettes
Manufactured tobacco
1
2

E2S3382 MINIMUM 1931
NOVEMBER, 1921
DECEMBER, 1921
ZINC

76
OAK FLOORING

CIGARS

Relative to 1914.
As represented by tax-paid withdrawals.

CIGARETTES

Now that the full year's figures are completed for
the great majority of industries, it is possible to compare 1921 production with previous years. Out of




W//////A MAXIMUM 1020

(7)

MANUFACTURED
TOBACCO
* 1920 AVERAGE

8
COURSE OF PRODUCTION SINCE 1919.
RELATIVE PRODUCTION (3919=100).!

RELATIVE PRODUCTION (191&-100).»

Maxi- Minimum mum 1920, 1921, Nov., Dec., Nov.,
since since aver1920. 1920. 1921.
snd of end of age.
1919.
1919.

Maxi- Mini1920 1921
mum
aver- aver- Nov.,
since
end of age. age. 1920.
end of
1919. 1919.

Dec.,
1921.

CONSTRUCTION:

FOODSTUFFS:

114
51
82
270
21

265
*73

87
95
79

64
49
70

57
42
72

102
115
91

100
89
29

101
135
103

125

123
137
114

113
137
96
124
141
115

94
101
30
84
120
131
112

115
112
99
87

106
99
89
74

56
70
26
55

67
67
58
40
26
7
20

90
92
93
104
103
100
76

101

114
126
95

57
42
63

109
88

113
137
127
134
141
119

63
74
11
61
104
98
98

101
121
110
122
117
123
113

132
140
113
126

34
34
21
38

119
121
104
105

CLOTHING:

Cotton (consumption)
Wool (consumption)
Bololeather

FUELS:

Anthracite coal
Bituminous coal
Beohivecoko
By-product coke
Crude petroleum
Gasolino
Electric power

METALS:

Pig iron
Steel ingots
Copper
Zinc

107
87
98

98
101
94
69
110
349
20

134
109
151
147
126
349
121

Wheat flour
Beef products
Pork products
Sugar (meltings)
Olemargarino 2
Cottonseed oil
Condensed milk

92
62
165

47

87
82

90
78
86
202
112
93

Yellow pine
Douglas fir
California redwood
Western pine
Oak flooring
Silica brick
Facebrick
Cement
Buildings (contracted for)
Vessels completed

Ill
118
144
119
173
130
121
157
113
79

94
102
122
119
106
106
100
125
72
67

128
116
119

112

114
132
143
138

Newsprint
All other paper
Mechanical wood pulp
Chemical wood pulp

124

73
116
75

111
98
139
57
168
33
101
133
82
18

102
21
173
34
85
98
76
13

30
50

113
80
57

86
64
50

105
96

79

107
98
115
116

109
80
121
97

91
108
90
101

94
100
101
94

104

123

106

GLASS:

Bottles

80
91
144

1921.

41
61

84
94

PAPER:

133

1920. 1921.

110
121
109
117

TOBACCO:

Cigars
Cigarettes
Manufactured tobacco

79
"*66"
123
40
100
122
70
30

Bee, Nov., Dec.,

48

96
96
91

57

i The 1913 relatives have hero been calculated on a 1919 basd, as many more commodities can be compared on this basis,
a As represented by tax-paid withdrawals.
3 Latest month available, September.
DIAGRAM 2*—COUIISE OF PRODUCTION SINCE 1919.
(Relative production of 1919-100.)
INDEX NUMBERS
100
WHEAT FLOUR
BEEF PRODUCTS
PORK PRODUCTS
SUGAR (MELTINGS)
OLEOMARGARINE
COTTONSEED OIL
CONDENSED MILK
COTTON (CONSUMPTION)
WOOL (CONSUMPTION)
SOLE LEATHER
ANTHRACITE COAL
BITUMINOUS COAL
BEEHIVE COKE
BY-PRODUCT COKE
CRUDE PETROLEUM
GASOLINE
ELECTRIO POWER
PIG tRON
STEEL INGOTS
COPPER
ZINC
YELLOW PINE
DOUGLAS
CALIFORNIA
WESTERN PINE
OAK FLOORING
8 I U C A BRICK
FACE BRICK
CEMENT
BUILDINGS (CONTRACTED)
VESSELS COMPLETED
CIGAR
CIGARETTES
MANUFACTURED TOBACCO
NEWSPRINT
ALL OTHER PAPER
MECHANICAL WOOD PULP
CHEMICAL WOOD PULP
CLASS B0TTL£8




M A X I M U M SINCE END OF ISIS
' W K S - a LATEST MONTH |»I8 NOV. OR DEC.
ZZZZZ2 M I N I M U M SINCE E N D OF 1819
*

M I N I M U M SINCE JUS SAME AS DEC. PRODUCTION

MOVING MONTHLY AVERAGE PRODUCTION.

The actual trend of an industrial movement can
often be seen more clearly if plotted in the form of a
moving average. In Diagram 3, page 9, there are
shown the moving monthly average consumption
of cotton and wool by textile mills and the moving
monthly average of pig-iron production. The curves
have been plotted on scales which permit of direct
comparison among the three movements. The percentage scale in the diagram represents per cents of
the approximate maximum monthly movement of
each item.
The figures plotted are 12-month moving monthly
averages. The first point plotted on the left repre-.
sents the monthly average for the period from February 1, 1919, to January 31, 1920. The next point
gives the average for the 12 months from March 1,
1919, to February 29, 1920, etc.
These curves eliminate all seasonal influence, because each average covers all four seasons. From
the nature of their computation it follows that, whenever the figures for the current month are less than
those for the corresponding month of a year ago, the
curve will be downward, and vice versa.
I t will be noted that the curves for cotton and wool
consumption show a certain similarity. In each
instance the moving average reached its maximum in
the middle of 1920. The minimum was reached in
May, 1921, in the case of wool, and in August for cotton consumption. Since then both curves have
shown a rapid upward movement, indicating that the
mill consumption in recent months has been greater
than in the corresponding months of last year.
Pig-iron production, on the other hand, continued
to increase throughout 1920. The moving average

did not reach its maximum until December, 1920, and
at the end of 1921 had not yet passed the minimum
point. If production continues to increase at the
rate shown in recent months, the moving average
should begin to turn upward in February; in other
words, by that time current production would exceed that of the corresponding month last year.
DIAGRAM 3.—MOVING MONTHLY AVERAGE PRODUCTION OP PIG
IRON, AND CONSUMPTION OF WOOL AND COTTON.

I
1920

tion of stocks of commodities. Outside of declines in
six food commodities, most of which are seasonal,
the only decreases thus far reported in December
were in zinc, oak flooring, and silica brick, while cotton stocks were almost the same as in November.
On the other hand, increases occurred in the stocks of
17 commodities.
Of ten commodities whose December reports can
be compared with 1913, there were eight increasesfour over 100 per cent—and two very slight decreases
from the prewar average.
STOCKS OF COMMODITIES COMPARED WITH P R E W A R .

1921

si E§ l i S i«Sh

RELATIVE STOCKS (1913-100).

as
of
5s
£
<£s;
r3.5OT6OO-r76.O-r-IOD

•3.15- -540--67.

1920
1921
average. average.
Wheat (visible).
Corn (visible)...
Coffee
Cotton
Crude petroleum
Zinc...
Tin
Oak flooring
Cement *
Tobacco

-90

\
/

f

2,80- -480* 60.0

-80

A

1
/
i

L

>

\

f

2.45- -420- -52.6- —70

Maximum
since
1919.

\
\

\
\

*

Beef products
Pork products
Lamb and mutton
Sugar(raw)
Cottonseed oil
Wheat (visible)
Corn (visible)
Butter
Cheese.;
Eggs
Coffee
Apples

27
38
31
44
23
28
108
11
35
1
101
12

70
97
183
110
127
89
174
89
99
82
146
227

43
84
324
157
158
93
622
81
79
101
145
164

42
30
674
90
277
123
175
120
103
45
146
389

368

33
43
89
80
187
181
528
117
111
107
112
136

136
106

Cotton (total).. . .

61
86

95

119

122
1 83

135
96

136
1104

Anthracite coal (producers—Government survey)3
Bituminous coa 1 (Government survey) 3
Crude petroleum
Gasoline

30

518

55

74
167
169

31
101
61

. .

247
528

72
130

......

143
277
115
181
240

102
59
81
107
102

175
122
143
138

71
65
55
64
92

METALS:

Zinc
Tin

..

CONSTRUCTION MATERIALS:

-20

Yellow pine
Oak flooring
Silica brick
Face brick
Cement4...,...

PAPER:

10- -7.5-

Newsprint
All other paper
Mechanical wood pulp
Chemical wood pulp

-10

TOBACCO ftotal)

0—i

. *
•

1 Oct. 1.
2 NOV. 1

0

STOCKS.

In general, the decreased productive activity in
industry during December resulted in an accumula-




1919.

Minim u m 1920, 1921, Nov., Dec., Nov., Dec.,
since aver- aver- 1920. 1920. 1921. 1921.
1919. age. age.

FUELS:

-.35

204
323
85
223
175
104
92
242
100
127

124
129
928
276
321
184
1 024
174
156
186
177
391

CLOTIUNG:

-.70- -120- 15.0

200
217
09
223
168
105
71
232
81
*125

FOODSTUFFS:

1.75- -300- -37.5 —50

1.06- -180- -22,5

1921.

RELATIVE STOCKS (1919=100

\
\m

1.40 -240--30.0-—40

Dec.,

§

i

V

1S3
03
S
G
222
117
175
155
425
SO
117

Nov.,
1921.

a October 1.

STOCKS OF COMMODITIES SINCE

1

y

\
2.10- -360- -45.0- —60

154
255
89
196
151
195
127
375
91
131

i Relative to stocks at end of 1913.

<
\\

/

127
71
89
155
109
99
183
253
SO
114

Dec.,
1920.

132

59
65
810

104
201
128

153
88
88
10
139

35
50
76

05
167
184

787
98
88
59
139

311
136

55 2 518
71

*74

106
75

111
98

160
105

167

212
231

172
292

100
281

179
130

178
167

127
101
mi
140

129
234
106
153
193

142
255
84
154

141
206
81
163
170

116
145
99
159
173

120
151
93
181
227

97
74
78
63

125
112
108
99

. 85

88

97
105

100
107

102

117

192

105* 1112

113

104
98
108
332

68
144

80
70
72

84
SO

75
80

SO
87

* Relative to January, 1919.
' Relative to stocks at end of 1919.

Comparing the 1921 yearly average of these same
26 commodities, it is seen that in only six cases—all
foodstuffs, except chemical wood pulp—were the aver-

10
age stocks less than the 1919 average, and only five
foodstuffs and tin—an imported commodity—showed
a decline from 1920. However, the condition at the
end of the year was quite different. Only 12 increases
over December, 1920, occurred in these 26 commodities, no change in two, and 12 declines.
DIAGUAM d . — C O U R S E OF COMMODITY STOCKS SINCE 1919.
(Kolative stocks of 1919=100.)
INDEX NUMBERS
400
600
BEEP PRODUCTS

800

[MO

FOODSTUFFS

PORK PRODUCTS
(.AMD AND MUTTON
SUC2AR. RAW
COTTONSEED OIL
WHEAT (VISIBLE)
CORN (VISIBLE)
flUTTER
CHEESE
EOGS
COFFEE
APPLES
COTTON (TOTAL)
WOOL (COMMERCIAL)
ANTHRACITE COAL
SITUMINOUS COAL
CRUDE PETROLEUM
GASOLINE
ZINC
TIN
CONSTRUCTION MATERIALS
YELLOW PINE
OAK FLOORING
SILICA BRICK
FACE BRICK
CEMENT

unchanged, while in Germany the continued inflation
of monetary standards drove prices up nearly 6 per
cent during the month. Canadian wholesale prices
increased in December, the first gain since the beginning of the decline from peak prices in May, 1920.
In the list of individual wholesale prices, given in
the table and chart on pages 32 and 33, farm prices
to the producer increased * in five cases and declined in four. Market prices of farm products advanced for seven commodities and only 3 declined—
hogs, cattle and barley. Only one increase—cottonseed oil—occurred among the food products, while
clothing items showed five increases and three decreases. Fuels had two declines against one gain, but
three metals increased, while one pig-iron quotation
declined. In the building material group there was
one increase and three declines. Rubber declined.
The principal percentage increases in December
were the advances of 37 and 21 per cent, respectively,
in the market prices of ewes and lambs, while tin increased 14 per cent. The chief declines were in raw
sugar and steel beams, each declining 9 per cent. Of
the 57 prices listed, 14 are below the 1913 average;
one more than in November. During December cattle
and steel beams each went below the 1913 average,
while wool went above it. Anthracite coal finally
came down from the maximum price, the last commodity to do so.
TEXTILES.

NEWSPRINT
ALL OTHER PAPER
MECHANICAL WOOD PULP
CHEMICAL WOOD PULP
TOBACCO (TOTAL)
XIMUM SINCE 1019
E 5 E 3 3 LATEST MONTH 1921 NOV. OR DEC.
l M I N I M U M SINCE 1019
• MAXIMUM SINCE 1919 SAME AS LATEST MONTH

PRICES.

Tlie retail food index declined two points in December and stood at exactly 50-per cent above the 1913
average. Other items in the cost of living also declined in December, except shelter and sundries, which
remained stationary. The total cost of living index
of the National Industrial Conference Board declined
two points.
The wholesale price index compiled by the Department of Labor showed no change in December.
Increases in building materials and sundries offset
slight declines.in other groups. A similar change
was evident in the sharp increase in forest products
in the Federal Keserve Board's grouping of this index,
while consumers' goods declined. The Federal Reserve Board's index for international price comparisons
declined two points, although an increase of three
points occurred in exported goods. Bradstreet's
index number showed no change in December.
Prices in England and France declined more than 2
per cent each in December, those in Italy remained




Activity of woolen mills, measured by hourly
activity of machinery, declined somewhat in December. Imports of raw wool continued to increase.
Prices in this industry tended toward equalization, the
prices of raw wool and yarns increased, but dress
goods and suitings exhibited no change.
DIAGRAM 5.—CONSUMPTION BY MILLS, AND IMPORTS OF WOOL.

1913 1914 (915 1916 1917 1913 1919 1920 192 . r f B

MONTHLY

AVERAGE

tf

>« *

d

f,..;

§K£ S ^ 3 3 ^ 3 S 8 S

1921

Cotton ginnings up to January 16 were close to
8,000,000 bales, far below corresponding returns ij
previous years. Total stocks of cotton in the Unite
States at the end of December were about the same »

11
in November, 1921, or December, 1920. Imports
of cotton continued to grow while exports again declined.
DIAGRAM 6.—EXPORTS AND CONSUMPTION OP COTTON.
MM

1

900

!
i

700

\
eoo

.„—400

/

1
m
I
I \
\\

IPTIOh

V
/

j

3W

1

DIAGRAM 8.—PRODUCTION OF Pia IRON AND STEEL INGOTS, ANI>
U. S. STEEL CORPORATION'S UNFILLED ORDERS.

W
1

i
\

200

\

1913 1914 1016 1916 1917 1918 1818 1920

MONTHLY AVERAGE

METALS.

/J

t1
ft
N

\\
\l
H
\
<
/ \•
/

Iron-ore movement from Lake Superior ended the
1921 season with total shipments less than half as
large as in 1920. Pig-iron production increased again
in December, but the output of' steel ingots declined.
There was little change either in our foreign trade in
iron and steel during December, or in the unfilled
orders of the United States Steel Corporation. Slight
declines occurred in iron and steel prices.

V

V
j
\
\N I

II

advanced slightly, yarns and print cloths declined, and
sheetings advanced.
Imports of raw silk in December were very large.
Withdrawals of silk from tho warehouses continued
to decline. For tho year 1921, however, both imports and consumption were over 50 per cent larger
than in 1920. Stocks of silk began to accumulate
during December, and prices rose.

1921
4

V

\

/

a- /
At

z

/
\
\

•J

3
S

*
u

3

s\

/

j

f

1

i

"TOTAL
GINNED

Prices in the cotton industry also reached levels
h closer to their prewar relation. Raw cotton




_

\

"

"

\

1 i_\

_

"

.

.

'

„

.

.

.

.

_

.

\

i O

_ _ V<-

iJf

&

y

'/

T T—r"

PtQ IRON

, A ..%,.,••,*;

. .....

e
>** ^r— -^,^'* ~^fej

1
1913 1914 1919 1910 1917 I9IB 1919
MONTHLY AVERAGE

r

'^

4

\

d

3

DIAGRAM 7.—COTTON GINNED TO SPECIFIED DATES. ,

\

10

0 SNOI-

Consumption by mills also declined, and for the complete year 1921, it was 7£ per cent less than for 1920.
Exports of cotton cloth underwent a sudden decline
of 25 per cent from November. Spindle activity in
December was the same as in November. Elasticwebbing sales declined slightly. Orders and production of knit goods declined in December; but shipments increased, and cancellations were much smaller
than in November.

"

1

I

mn

Sales of structural steel were 28 per cent less in
December than in November, and production of sheets
declined, stocks of sheets being also slightly less than
in November. Foundry-iron production in Ohio continued its decline, with a drop of 14 per cent, during
the month.
Copper production turned upward in November, and
exports of copper did likewise, but December exports
fell off again. The price of electrolytic copper made
a slight advance.
Zinc production increased slightly in December, and
there was an almost imperceptible decline in stocks.
Imports increased but were still negligible. Movement of zinc through St. Louis increased considerably,
and a slight advance was made in prices.
Imports and stocks of tin both increased about 29
per cent in December and were only slightly below the
1913 average. An advance of 13 per cent occurred in
the price of tin.
The movement of lead showed an increase of over
50 per cent as regards receipts at St. Louis and of 13
per cent in shipments. No change occurred in the
price of lead.

12
Stocks and exports increased. Prices of domestic
paper, especially spot prices, declined, while Canadian
December production of both bituminous and anthracite coal declined to only three-fourths of normal, prices increased slightly.
Printing activity increased somewhat in December
as against a better than normal production two
but purchases of paper and sales declined.
months previous. Slight increases occurred in the
output of beehive and by-product coke. Exports of
HIDES AND LEATHER.
coal and coke declined. Electric power production
Imports of hides and skins increased slightly in
increased in December and reached the highest point December, the chief gains being in calfskins. Stocks of
attained since January, 1920.
hides at the end of November were smaller than a
FUELS.

DIAGRAM 9.—PRODUCTION OP BITUMINOUS AND ANTHRACITE COAL,

--TF—fl

w

--

\\ \\ u::iM::ir~::::::::
\ \/l-^f—¥1 +
•f

u

y

/y

v it p::::::i"::::|[:
A Iv
I
IS.
3 I

\

sa

\

O

T 7v

5

I

at

'

3

month previous and also very much smaller than a
year ago, when packer hides were held in much larger
quantities than at present. Prices of packer hides
advanced in December, but calfskins declined.
Leather production increased in December. Census
reports showed greater sole-leather production in
November than in October, but a smaller output of
upper leather. Stocks declined very slightly. December exports of sole leather were very small, but
upper leather held its own. No change occurred in
leather prices.

£
20

BOOT AND SHOE PRODUCTION.

Exports of boots and shoes increased considerably
in December, but no change occurred in prices. The
*NTHRACTK
preliminary figures on the production of boots and
shoes in December, 1921, totaled 24,096,965 pairs, as
__
1013 1014 10)6 1016 1017 1018 1010 1030 I
compared to 23,592,610 reported in November. Of
MONTHLY AVERAGE
the total for December 9,801,628 pairs, or 41 percent,
were manufactured in the New England states.
The production of crude petroleum increased
Through a clerical error the total production of
almost 11 per cent in December and made the highest
shoes reported by the 1919 Census of Manufactures
monthly figure for the year outside of May, 1921.
in the December SURVEY (NO. 5) did not include
Consumption and imports increased slightly and
slippers, athletic ; and all other shoes. The correct
stocks rose to the highest point since the Armistice.
total production of all kinds of footwear in 1919,
Shipments of crude oil from Mexico were very large
comparable with the present monthly classification,
in December. The price of crude petroleum increased
was 330,593,964 pairs. This makes a monthly
slightly. Gasoline production declined in November,
average production for 1919 of 27,549,497 pairs, of
and domestic consumption was greatly curtailed.
which 48 per cent were made in the New England
Stocks increased at the end of November. December
states. The detailed figures, by kinds of shoes, are
exports, of gasoline showed a decline of over 20 per
shown on page 60.
cent from November.
10

5

HACIT E

y

N

CHEMICALS.

AUTOMOBILES.

Production of passenger cars declined one-third in
December, and trucks declined 21 per cent. Shipments
of automobiles in December were also very much less
than in November. Conditions in the accessory
field showed purchases, outstanding notes, and pastdue accounts all smaller than in November.
PAPER AND PRINTING.

Production and shipments of mechanical wood
pulp increased in December but those of chemical
pulp declined. Imports of mechanical pulp declined
while chemical showed a large increase. Stocks of
both kinds increased. Newsprint production and
shipments increased, but other classes declined.




Imports of potash increased in December, but very
much less nitrate of soda was imported. Considerable
decreases were shown in exports of all chemicals. The
wholesale price index numbers of the various groups all
rose during the month,
BUILDING AND CONSTRUCTION.

. Although less infloorspace than in November, building contracted for in December was greater in value.
The difference was due to the large increase in the value
of residential buildings contracted for, in spite of »
small decline in volume. Total building in December
was almost double a year ago in value and almost
triple in volume. The building volume index increased 17 per cent over November. The indices of

13
building costs indicated a stabilization of prices in
December. Fire losses increased somewhat, but were
much less than a year ago.
DIAGRAM 10*—VOLUME OF BUILDING CONTRACTS AWARDED, BY
CLASSES.
MILLIONS OF SQUARE FEET
20
30
40

1919 MONTHLY
AVERAGE

southern pine declined, but no change occurred in
Douglas fir.
Production and shipments of fire-clay and silica
brick increased in December, but face brick declined.
Increased stocks occurred in fire-clay and face brick,
but stocks of silica brick declined. Face-brick orders
were slightly less than in November. Prices wero
irregular.
The production and shipments of cement declined,
as was to bo expected at this season, and stocks increased. Total cement production for 1921 was only
2 per cent less than for 1920, the record production
year.
CEREALS.

1 RESIDENTIAL
1 PUBLIC AND
SEMIPUBLIC

JULY
AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER

DIAGRAM 11.—RELATIVE PRODUCTION OF CEMENT AND LUMBER
AND SALES OF STRUCTURAL STEEL.

(Relative to 1919=100.)

T

\

160

\

I

140

-V - n -

-

ISO

/

110°
z
Si 80

/

M
\Y
\
\

i

- •

X
-K

/

>

ii

]

L

\

I

|

-

1

1
40

ji

J

\\
LL

The final crop reports for 1921 showed that both the
winter and spring crops of wheat were below those of
1920, the total decline amounting to almost 40,000,000
bushels, or nearly 5 per cent. Exports of wheat flour
during December declined, and the visible supply increased slightly. The movement of wheat at the
terminal markets was less than in November, 1921,
or December, 1920. Wheat-flour production also declined from the previous month. The price of wheat
increased slightly, but flour declined.
The corn crop, as estimated in December, showed a
reduction of 150,000,000 bushels from the previous
year. . December exports of corn were more than
double the November exports, and the visible supply
increased almost 50 per cent. Receipts and shipments
regained the volume lost in November. Prices of corn
remained unchanged.
Production of oats, barley, and rye declined from
1920 in each case. December exports of oats and rye
were materially greater than those for November, but
a slump occurred in barley exports. Price increases
also occurred in oats and rye, while barley declined.
Total grain production for 1921 wassome660,000,000
bushels less than in 1920. Exports of all grain in
December were slightly larger than in November, but
almost one-third less than a year ago. Loadings of
grain in December were greater than either November,
1921, or December, 1920. For the year 1921 both exports and loadings of grain increased 26 per cent over
1920.
MEATS AND LIVE STOCK.

December movement of cattle exhibited the regular
SO
seasonal decline, the receipts, shipments, and slaughter
T
being very close to the previous December's figures.
o
The steady decline in exports of beef products con1919 1920 1921
•i
tinued, and cold-storage holdings continued their
1921
1920
gradual rise. Production under Federal inspection as
Production in all classes of lumber except oak floor- well as consumption declined in November. Cattle
ing declined during December. The decline was espe- prices decreased again in December.
Receipts and shipments of hogs increased in Decemcially Violent in western pine. ; Shipments of all classes
ber, but slaughter declined. Exports increased somedeclined and stocks, where reported, increased. Exports of lumber increased considerably. Prices of what, but were far below December, 192G. Slaughter




iiii

NOV.
DEC.
JAN.

i\ii

1 it

mmm

14
under inspection in November increased, but consumption declined. December prices declined slightly.
DIAGRAM 12.—INSPECTED SLAUGHTER, CONSUMPTION, AND COLDSTORAGE HOLDINGS OP B E E F PRODUCTS.

III

M i l

\

600

\
J

450

t
400

In*\i\h,
1
If

J

v - d f |\iL

J
£

MO

s

i-

^k

JLJ

»

' Ifi/E /J °
HT
lyj
T

>

m ISO

%
• " • < * /

Imports of raw sugar declined considerably in
December, but meltings showed only a slight decrease. Stocks of raw sugar were also less, but exports of the refined product were very large. Slight
declines occurred in prices, the declines becoming
smaller as the sugar approached the consumer.
The importation of coffee increased 22 per cent
during December; and the visible supply in the United
States rose, practically equaling the supply on hand a
year ago. Receipts of coffee in Brazil were larger, but
clearances were less. Imports of tea into the United
States continued to increase. .
DIAGRAM

14.—SEASONAL MOVEMENT

• • " - + * "

or

COLD-STORAGE EGGS.

(Five-year monthly average 191&-1920 = 100.)

"

/

IH

f

too

•0

UI3 tfll4 1915 I0>S 1917 19(8 1819 1930 19217
MONTHLY AVERAGE
IS2Q

Declines took place in every phase of the movement
of sheep and lambs in December, but not as great as
occurred a year ago. Storage holdings of lamb and
mutton declined, as contrasted with a rise to abnormal
heights a year ago. The prices of sheep rose sharply
during the month.
DIAGRAM 13.—INSPECTED SLAUGHTER,

CONSUMPTION, EXPORTS,

AND COLD-STORAGE HOLDINGS OV PORK PRODUCTS.

DIAGRAM 15.—SEASONAL MOVEMENT OF COLD-STORAGE CREAMER?
BUTTER.
<Five-year

monthly average 1916-192C)

= 100.)

300

200

ISO

140

1913 1914 1916 (916 1917 1918 1919 1920 1921. • a V > U J > « ) r ^ < A • it • v w > « s t ; -

MONTHUY AVERAGE

g 120

lBHiNl6§ii 16101 J.lS|l
1920

1921

2 100
X
IU

OTHER FOODSTUFFS.

. Exports of condensed milk increased about 23 per
cent in December* Market receipts of cheese declined, butter remained about stationary, but receipts of eggs increased. Cold-storage holdings of all
three products, especially eggs, showed seasonal declines. Wholesale prices of butter and cheese dropped.




.

o
Z so
00

40

\

i

180

•

\

\ - .

i
f•

\

.

160

\
140

\
\

120

too
»

//
I

00

40

*>

ao
0
At

ISO

0

r*- 9

15
DIAGRAM 16.—IMPORTS. MELTINGS AND STOCKS OP RAW SUGAR.
DUO

460

crease took place in clearances. Both entrances and
clearances of American vessels declined over 11 per
cent and were chiefly responsible for the lessened trade.
Ship construction continued on the down grade.

i

t-

\I

g

-Si

DIAGRAM 18.—ENTRANCES AND CLEARANCES OF VESSELS IX U. S.
FOREIGN TRADE, AND SHIPS UNDER CONSTRUCTION.

;
/>
/ 1

1

7

1\
ri f
f 1 i If* in 1 \
\ /\
/\
-I i
1 / IV ;
\V N
[

\l

200

160
•

100

-

f

/

1
i_

60

\/ 1 /
H-

V /
>

r

a >\

I

l

/

00

D
g

i

a I
. <3t \
Z \\

p

6

•

S
»
,\j 4

j

TONS

ANDS OF TONS

360

y

V
_

/i

k

\ ,

O

—

*'

/

ILLIONS

i

400

h
it

\

/

p
r

/

7

v

1

-

s T,

1

0

1913 1914 1916 1916 1917 1918 1919 1820 1921

MONTHLY

1*

'°

N

1< 1
P
i
!! la UP. w\Hi
\

>6

AVERAGE
1920

1921

RAIL TRANSPORTATION.
NOV.
DEC.
JAN.
FEB.
MAR.
APR.
— MAY
g JUNE
— JULY
AUG.
SEPT.
OCT.
NOV.
DEC.

uiti

g JUNE
O JULY
AUQ.
SEPT.

Q

1919 1920 1921.
MONTHLY :
AVERAGE

TOBACCO.

The manufacture of tobacco products declined in
December to the minimum mark of the year. Exports of leaf tobacco were 33 per cent, larger than in
November. No changes occurred in prices.

Surplus of freight cars at the end of December increased almost to the peak point reached last March,
the increase being two-thirds of the November surplus.
Shortage of cars has been reduced to almost nothing.
The number of bad-order cars continued to be reduced.
- DIAGRAM 19.—SHORTAGE, SURPLUS, BAD-ORDER, AND TOTAL
LOADINGS OF FREIGHT OARS.
1,000

DIAGRAM 17.—RELATIVE PRODUCTION OP CIGARS, CIGARETTES,
AND MANUFACTURED TOBACCO.

(Relative production 1913=100.)

w
*«£?

1913 1914 1015 1916 1917 1918 1919 1920 1921^

MONTHLY

AVERAGE

%

WATER TRANSPORTATION.

A considerable decline took place in November in
the traffic through the Panama Canal, especially in
British vessels. Traffic through the Sault Ste. Marie
Canal was very small in December on account of the
dosing o f navigation for the winter. Foreign trade in
"United States ports declined, although a small in-




1018

1919

MONTHLY

1920

AVERAGE

1921 .

16

LABOR.

DIAGRAM 20.—IMMIGRATION, EMIGRATION, AND IMMIGRATION
QUOTA.
tit
l»
•

M

\

/

*9
M

\
•s.

19
•

It 3 10 4 19 9 18 e

is 7 19 a 19 9
MONTWLY AVEF tAGE

1/
T

ISr*)

19-

"UP

/

\ s

A

>

J. ML

^

M

OT

St±J

M
1*

IMO

ONI
01

i
s

u >.

!! !

103

nil

DISTRIBUTION MOVEMENT.
Sales of mail-order houses and chain stores, more
especially the latter, increased in December on
account of the holiday trade. The holiday traffic
was also responsible for the rise of 23 per cent in postal
receipts. In all three of the above groups the volume
of sales was greater in December, 1921, than in
December, 1920. Magazine advertising, however,
showed a slump of 22 per cent from November.




i

30

o

30

J
if

a
3 2*
*

2
10

_——•

If
^\

\

\

\

7

\

—-

\'

fa

.1

i
!

ft'I
1 I\
1, J

L

Pt

1-1- tA

•

CHA

A
!\ A~
\V ft '
\/

0

1913 1914 1616 1016 1917 (818 1919 1930 f93I
MONTHLY AVERAGE
:

ufiti

ismn

92 i

PUBLIC FINANCE.

The month of December saw a decline of almost 1 per
cent in the United States interest-bearing debt, part
of which occurred in Liberty and Victory bonds.
Customs receipts were large and Government expenditures continued to increase. Total ordinary receipts
were very large on account of the income-tax installment. Money in circulation declined somewhat in
November.
BANKING AND FINANCE.

The bank indicators of volume of business—debits
to individual accounts and bank clearings—made
perceptible increases during December, especially the
former, due in large measure to the holiday trade.
Federal Keserve Bank discounts continued to decline,
but note circulation increased slightly; reserves and
deposits showed slight increases also. The condition
of member banks of the Federal Reserve System
'showed a slight expansion in loans and discounts,
but a decline in deposits. Interest rates were almost
unchanged.
The December business failures made a high record
of several years for both number and liabilities.
Dividend and interest payments were larger than a
year ago, and an especially large increase occurred in
the issuance of new securities, both public and private.
New incorporations were the largest since last June.
November earnings of telephone companies declined
somewhat. Orders, indebtedness, and payments
reported for credit information all increased slightly
in December.
Prices of industrial stocks rose more than three
points on the average for December and approached
the prices prevailing a year ago. Railroad stocks

1
i
*r
Y

»0

40

3 is

The reduction in industrial activity during December
naturally resulted in a decline in the number of workers
employed. The United States employment index number for December fell to 8 per cent below January,
1921, and was the lowest mark of the year. More
favorable reports came from New York and Wisconsin, however, with no change in employment in
either state. Total pay roll in both states increased in
December, and the average weekly earnings in Wisconsin gained for the first time since August.
Immigration continued to decline slowly in November, while emigration was very much less. Postal
savings deposits continued in December the steady
decline in process throughout the year 1921.

N

DIAGRAM 21.—SALES OF MAIL-ORDER HOUSES AND CHAIN STORES^
AND POSTAL RECEIPTS.

OOT.

Car loadings declined 10 per cent and were equal to
the 1921 minimum reached last February and MarchNovember freight showed a marked decline in tonmileage.
November revenues of the railroads showed declines
below both September and October. Operating expenses also declined, but the net income was still considerably less than in either of the previous two months.

17
advanced slightly. Volume of sales of both stocks
and bonds increased, and bond prices rose two points,
industrials lagging behind the other groups. Municipal bond yields were reduced still further, to 4$ per
cent.
A decline of 39 per cent in gold imports featured
the movement in this commodity. Exports of silver
increased 49 per cent and exceeded imports for the
first time since September. The price of silver
declined in both this country and England.

TRADE AND INDUSTRY OF FOREIGN COUNTRIES.

FOREIGN EXCHANGE.

Considerable increases occurred in the foreign
exchange rates in December. Most of the European
currencies made substantial gains, ranging from 3 to
almost 9 per cent, while the German mark increased
25 per cent, but was still only 2 per cent of its par
value. Swiss francs rose above par and became the
only currency selling at a premium in the United
States.
DIAGRAM 22*—IMPORTS AND EXPORTS OF THE UNITED STATES.

k

/

eoo

400

1m
/
TO
O

100

//

\i
I
|

\

-

\
t

\

1

•

-

1 \

}

\

\

\
\

\

\

i a
/
/

1 1
1 {
\
\

I9SI

'§

i
/:

\

i

\

/
*

z rigg-£ z 5 o £
$""* "
""'

*£? U 1? 3K 8 S5 IS 11 5 I 53
IB30

2

j

f

I
V

1

0

1913 1914 1916 1916 1917 1918 1919 1920
MONTHLY AVERAGE

\

./-

\

<

/




u

\

A

84796°—22

A
/

\

I

\

A

600

I

J/ \
V

700

FOREIGN TRADE.

The December foreign trade of the United States
exhibited a further contraction of the excess of
exports over imports. An almost imperceptible
increase in exports accompanied an increase of 13
per cent in imports. The chief increase in imports
came from Asia, mostly from Japan, but imports
from Germany were 25 per cent above November.
The gains in the export trade were to Asia and South
America.

I

'

1931

The import trade of the United Kingdom decreased
4 per cent in December, while the export trade declined
6 per cent. The ratio between the two is now almost
the prewar relation, both being about one-third in
excess of the 1913 average. The only gain in imports
was in manufactured articles, while raw material
was the only export group to gain. Coal exports
increased 20 per cent, iron and steel and woolens
increased about 5 per cent, while cotton goods declined.
Production of steel ingots declined 13 per cent in
December, while pig-iron production remained stationary.
French foreign trade made a considerable gain in
December, both in exports and imports. All groups
showed good gains.
Canadian trade in December exhibited a decline
of almost 7 per cent in imports and less than 1 per
cent in exports. Large declines took place in the
exportation of canned salmon and cheese, but substantial increases occurred in wheat and paper*
Japanese trade in December showed a 20 per cent
increase in exports and a 5 per cent increase in imports.
The total trade for the year was approximately onethird less than in 1920—31 per cent less in imports
and 36 per cent less in exports.

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 for 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, 1921.—This column gives the November figures corresponding to those for December shown in the " December, 1921,"
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 October 1, 1921.
December^

on
ending December 31 <
the time of going'to press (Jan. 31).
Corresponding month, 1920, November or December.—Thefiguresin this column present the situation exactly a year previous to those
in the "December, 1921," column (that is, generally, December, 1920), but where no figures were available for December, 1921,
the November, 1920, figures have been inserted in this column for comparison with the November, 1921, figures. In the case of
quarterly figures, this column shows the corresponding quarter of 1920.
Cumulative total through latest month.—These columns set forth, for those items that can properly be cumulated, the cumulative total
for the calendar years 1920 and 1921, respectively, except where December, 1921, figures are lacking, in which case these columns
contain the cumulative figures for 11 months only.
Percentage increase ( + ) or decrease (--) cumulative 1921 from 1920.—This column shows the per cent by which the cumulated total for
the calendar year 1921 (11 months in some cases), is greater (+) or less (—) than the total for the same period of 1920.
Base pear or period.—For purposes 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 prewar 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 figures
for the last month compared with the preceding month.
All items shown in this table will also be found in the detailed tables in this bulletin. See index.
NUMERICAL DATA.

Nov.,
19-21

Dec.,
1921

Corresponding
month,
1920,
Nov. or
Dec.

INDEX NUMBERS.

Percentage
increase

(+

CUMULATIVE
TOTAL THROUGH
LATEST MONTH.

J

or decrease

(-)

cumulative
1921
from
1920

1920

1921

574,777
299,618

656,807 + 14.3
320,599 + 7.0

Percentage increase

1921

1920

(+)

YEAR
OR
PERIOD.

or decrease

Nov. Dec.

Sept. Oct.

Nov. Dec.

from
Nov.

TEXTILES.
Wool.
Consumption by textile mills
thous. of lbs.
Imports, unmanufactured
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.
Set 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.
Prices:
Raw wool to producer
dolls, per lb..
Raw wool, Boston
dolls, per lb.,
Worsted yarn
dolls, per lb..
Woolen dress goods
dolls, per yd..
Men's suitings
dolls, per yd..
Cotton.

66,077
10,946

64,237
12,520

24,316
13,392

71.3
74.3
72.7
78.8
93.8

67.1
72.2
70.3
72.9
98.6

33.3
28.8
42.5
33.9
37.1

i1920-21
U920-21
U920-21
U920-21
1
1920-21

78.1
87.4

74.4
86.2

31.6
34.8

11920-21
U920-21

.169

21.9
.5455
1.100
1.150
3.060

.156
.5091
1.150
.815
2.835

.5273
1.250

.815
2.835

155

168

163

97

106

115

72

66

55

122

123

117

71

52

130

131

133

116

92

142

151

157

68

54

126

130

125

64

48

127

129

73

50

125

129

65

49

129

128

131

117

93

1913

144

114

99

159 -

87

1913

2.8

+ 14.4
110 130 _
152 -

2.3
3.2

6.0

122

116 128 +

4.9

123
122

118 _
120 _

4.1
1.6

93

95

99

107

101 +
110 +

3.6

7.2

8.3

1913

142

148

148

148

161 +

8.7

204

204

157

147

145

145

0.0

1913

(18)

167

1913

Production (crop est.)
thous. of bales
8,340 13,440
Output of gins
thous. of bales
»12,O15
Stocks, end of month;
Mills
thous. of bales.. 1,648
1,738
1,251
Warehouses
....thous-of bales.. 5,271
5,177
5,624
Visible supply
thous. of bales.. 4,623
4,544
4,$46
* Cumulativefiguresshown are for periods prior to January 16 of 1921 and 1922.




1913
1913

233

198

184

184

184

184

0.0

64

103

1909-13

•7,914 -

34.1
1913

93

76

105

123

130

290

319

245

283

299

294

1913
1

S3

1913

139

158

129

151

151

148

+ 55
.
_ 18
.
- 17
.

Twelve months average, November, 1920, t o October, 1921, inclusive*

19
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

Nov.,
1921

Dec,
1921

Corresponding
month,
1920,
Nov. or
Dec.

CUMULATIVE
TOTAL THROUGII
LATEST MONTH.

1920

INDEX NUMBERS.

Percentage'
Increase

19*21

or decrease
cumulative
1921
from
1920

1920




i+

BASE
YEAR
OR
PERIOD.

?

or decrease
Dec.

Nov. Dec. Sept. Oct.

TEXTILES—Continued.
Cotton^Continued.
25,890
277,643 - 53.8
Imports, unmanufactured
601,177
bales. 51,440 61,006
1913
.
Exports, unmanufactured
bales. 648,695 639,825 788,578 6,159,132 6,475,221 + 5 1
1913
Consumption by textile mills
1913
bales. 526,610 511,800 294,851 5,842,072 5,405,213 - 7.5
Manufactured goods:
551,624 - 32.7
thous. of yds. 53,422 39,842 44,377
819,337
Cotton cloth exports
1913
2
6,350
1,650
Fabric consump. by tire mfrs.. .thous. of lbs.
1920-21
...thousands, 34,487 34,489 29,879
405,511
396,500 - 2.2
Spindles active
1913
thous. of yds. 13,654 13,193
149,098 - 7.3
4,932
160,843
Elastic webbing sales
1919
Finished goods: ,
2
thous. of yds. 85,279
32,882
1920-21
Orders received
thous. of yds. 97,132
39,595
1920-21
Billings
2
cases. 48,207
21,813
1920-21
Shipments
2
44,200
cases. 45,675
1920-21
Stocks in storage, end of month
2
29
69
per cent.
1920^21
Capacity operated
Prices:
.dolls, per lb.
.162
.115
.163
Raw cotton to producer
1913
.dolls, per lb.
.1545
.182
.1834
Raw cotton, New York
1913
..dolls, per lb.
.3534
.3817
.3966
Cotton yarn
1913
.dolls, per yd.
.0588
.0578
.060
Print cloth......
1913
.dolls, per yd.
.1065
.105
.1031
Sheeting
1913
Knit Goods.
49.8
10.3
Orders received
per ct. normal production.
60.0
a 1920
10.8
53.4
58.7
Shipments
per ct. normal production.
M920
2.1
Cancellations
per ct. normal production.
2.8
3.1
*1920
Unfilled orders, end of
10.6
220.8
214.3
«1920
month
per ct. normal production.
11.1
73.0
86.5
Production
per ct. normal production.
•1920
Silk.
45,360 + 50.9
30,059
5,824
972
3,412
1913
Imports, raw
thous. of lbs.
196,128
301,110 + 53.5 Feb.,1920
9,428
Consumption, raw...
bales. 24,955 20,930
44,536
Feb., 1920
Stocks, raw, end of month
bales. 1*9,601 24,804
5.635
.7595
.7154
1913
Prices, raw, Japanese, New York..dolls, per lb.
METALS.
Iron and Steel.
25,538 - 55.0
56,781
138
493 None.
1913
Iron ore movement
thous. of short tons.
Production:
16,537 - 54.6
36,394
2,704
1,649
1,415
1913
Pig iron
thous. of tons.
19,985 - 51.1
40,894
2,780
1,971
1,695
,1913
Steel ingots
thous. of long tons.
2,207 - 55.4
4,945
500
126
134
1913
Exports
thous. of long tons.
121 - 72.4
439
15
11
1913
11
Imports
thous. oflong tons.
8,14$
4,268
1913
4,251
Unfilled order, Steel Corp., end mo. .thous. of tons.
20.80
Mar., 1921
24.20
Foundry production, Ohio
per ct. of normal.
Wholesale prices:
Pig iron—
37.71
22.66
1913
21.96
Fdry., No. 2, northern, dolls, per long ton.
36.96
21.96
1913
21.96
Bessemer
dolls, per long ton.
1913
43.50
29.00
29.00
Steel billets, Bessemer
dolis. per long ton.
1913
53.45
34.71
33.99
Iron and steel
dolls, per ton.
1913
20.92
36.31
20.42
Composite pig iron
dolls, per ton.
1913
3.28
2.28
2.23
Composite steel
dolls, per 100 lbs.
1913
2.13
2.11
3.11
Compositefinishedsteel
dolls, per 100 lbs.
1913
1.70
1.50
2.70
Structural steel beams
dolls, per 100 lbs.
Finished Iron and Steel.
Sheets, blue, black, and galvanized:
1920
34.3
51.2
40.1
Production
per ct. of capacity.
1920
39.2
41.9
40.0
Stocks
per ct. of capacity.
Bolts:
1920
33.8
46.3
New orders
per ct. of average.
1920
179.8
45.5
Unfilled orders, end mo
per ct. of average.
1920
117.5
50.8
Shipments
per ct. of average.
* Six months average, November, 1920, to April, 1921.

Percentage increase

Dec.
from
Nov.

127
108
61

31
72
101

154
120
103

253
93
109

300
106

18.0
1.4
2.8

158
54
105
32

120
49
99
35

168
227
112
94

174
207
113
100

144
190
114
89

10$

25.4

114

0.0
3.4

44
71
56
121
56

50
69
67
123
64

164
178
172
114
167

155
184
158
113
171

131
170
148
127
153

117
148
165
183
218

96
121
143
170
163

165
160
160
168
152

148
154
170
180
168

135
142
160
174
172

143
154
16$
174

0.8
3.8
3.7
1.4

92 1,358
145
21
19
39

833
157
1

536
105
52

445
115
57

17.0
9.9
9.6

19
22

344
169

357
175

396
173

3S4
146

2.9
15.6

34
31
68
155

161
104
35
164

110

120
83
30
197

204
70
38
209

70.7
16.1
26.5
6.2

128

36
74
159

166

68

104
115
124
190
192
153

261
241
193
242
271
203
215
184

236
216
169
203
235
191
187
180

+ 16.5
- 14.0
+ 6.3
0.0
+ 0.4
- 14.0

106
110
218
57
138

143
128
113
136
138
136
123

143 142
128 128
113 113
135 132
137 136
134 133
134 128
116 109

99
108

70
85

36
53
96

37
8
39

• Six months average, July to December.

137
128
113
129
132
130
127
99

- 3.1
0.0
0.0
- 2.1
- 2.4
- 2.2
- 0.9
- 11.8

55 - 21.7
- 2.0

20
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

Nov.,
1921

Doc.,
1921

Corresponds
month,
1920,
Nov. or
Dec.

(+>

CUMULATIVE
TOTAL THROUGH
LATEST MONTH.

or decrease

(-)

1920

INDEX NUMBERS.

Percentage
increase

cumulative
1921
from
1920

1921

Percentage increase

1921

1920
BASE
YEAR
OR
PERIOD.

or decrease
Dec.

Dec.
from
Nov.

158
104
SO

- 4.8
- 32.5
- 28.4

103

87

- 15.5

81

83

86

+

50

50

+

4.2

174

73
165
1

76

200

164

-

0.7

Nov.

Dec.

45
82
108

32

32

33

5

114

Sept. Oct.

Nor.

40

34

33

36

38

47

65

149

211

130

197

96

109

79

18

17

21

55

85

74

87

76

175

METALS-Continucd.
Finished Iron a n d Steel—Continued.
Nuts and rivets:
Now orders
per ct. of average,
Unfilled orders, end mo
per ct. of averago.
Shipments
per ct. of average.
Bar iron, shipments
long tons.
Steel barrels:
Shipments
barrels.
Production
per ct. of capacity.
Structural steel, sales
long tons.
Copper.
Production
thous. of lbs.
Exports
thous. of lbs.
Wholesale price, electrolytic
dolls, per lb.
Zinc.
Production
thous. of lbs.
Stocks, end of mo
thous. of lbs
Imports
thous. of lbs,
Receipts, St. Louis
thous. of lbs,
Shipments, St. Louis
thous. of lbs.
Wholesalo price, spelter, western
dolls, per lb
Tin.
Stocks, end of mo
tons
Imports
thous. of lbs
Wholesale price, pig tin
dolls, per lb
Lead.
Receipts, St. Louis
thous. of lbs.
Shipments, St. Louis
thous. of lbs.
Wholesalo price, pig, desilverized
dolls, per lb.

1920
1920
1920
1919

• 32.3
119.0
115.0

34.0
20.0
38.3
7,520
130,199
19.7
99,800

124,006
13.3
71,500

46,988

1,161,422

758,263 - 34.7

28,341
72,786
.130

61,518
.136

106,700
41,728
.137

1,249,855
621,256

485,857 - 61.1
615,514 - 0.9

56,878
142,116

959,544

42,270 44,026
134,098 133,216
266
30
19,198 20,016
24,862 34,593
.052
.053

1,343,998

937
33,660

45,038
379,732
498,570

431,228 - 55.1
• 58.0
- 57.2
• 50.1

18,930
162,587
248,867

Jan., 1921
Jan.,1921
1913
1913
1913
1913

55

93

1913
1913
1913
1913
1913
1913

115
158

7

4.6

+786.7

76

26

0

0

114

122

64

62

72

146

123

89

86

122

+ 39.1

116

103

81

•89

90

+ 19
.

1913
1913
1913

161

155

71

92

+ 28.9

62

46

72

93

+ 29.0

82

76

95
61
60

111

100

61

65

73

+ 12.8

1913
1913
1913

195

220

168

256

+ 52.1

35

65

+ 12.7

109

107

44
107

49

143

203
52
105

182

54

107

0.0

1913
1913
1913
1913

129

132

88

110

90

77

109

93

90

78

- 14.2
- 12.8

1919
1919
1919

114
115

20,661 - 39.9
4,179 - 13.4
275 - 66.5

1919
1919
1919

325

244

110

121

116

129

100

107

114

106

117

106

24

31

42

32

+ 6.1

.060

1,316
6,8S6
.289

1,696
8,8S0
.326

2,856
5,894
.339

9,208
3,833
.047

14,006
4,318
.047

12,026
3,063
.048

132,287
87,607

36,020
6,859
477
1,766

30,895
5,984
514
1,860

62,560
8,321
1,518

558,176
89,067
20,980

3,646
5,314
3,601

3,807
4,636

3,721
5,765

1,079
329
30

770
306
23

2,683

37,880 41,957
176,490 183,890
46,122 47,785
12,994 13,753
17,571 19,397

38,961
123,291
44,967
13,118
17,609

524,136 - 0.1
125,137 + 15.2
182,666 + 18.8

1913
1913
1913
1913
1913

431,887
45,876
350,548
495,590
2.125

452,642 4,418,153 4,714,517 + 6.7
65,025
635,755
526,204 - 17.2
366,831 3,962,910 4,203,585 + 6.1
354,836
3.500

1919
1919
1919
1919
1913

1919
1919
1919
1909-13

115
104
70
117

125,921

53

166
154
112

54,212 - 56.9

130,876
1.1
58,395 - 33.3

+

4.3

FUEL AND POWER,
Coal a n d Coke.
Production:
Bituminous coal
thous. of short tons.
Anthracite coal
thous. of short tons.
Beehivo coke
thous. of short tons
By-product coke
thous. of short tons.
Public utility electric
power
mills, of k. w.hours.
Shipments, anthracite
thous. of long tons.
Storage, anthracite
thous. of long tons.
Exports:
Bituminous
thous. of long tons.
Anthracite
thous. of long tons.
Coke
thous. of long tons.
Petroleum.
Crude petroleum:
Production
thous. of bbls.
Stocks, end of m o n t h . . . .
thous. of bbls.
Consumption
thous. of bbls.
Imports
thous. of bbls.
Shipments from Mexico
thous. of bbls.
Gasoline:
Production
thous. of gals..
Exports
thous. of gals..
Domestic consumption
thous. of gals..
Stocks, end of month
thous. of gals..
Price, crude petroleum
dolls, per bbl..
P A P E R AND P R I N T I N G .
Wood pulp, mechanical:
Production
short
Consumption and shipment
short
Stocks, end of month
short
Imports
;short




36,378

2.250

tons.. 108,186 121,804
tons.. 112,228 114,087
tons.. 115,363 123,080
tons.. 35,504 28,498

372
77

146,718
125,621
129,626
22,299

43,963
61,362

34,390
4,825
821

443,402
524,783
108,651
153,765

407,637 - 27.0
87,278 - 2.0
5,561 ~ 73.5

40,951 65,171 +

470,436

1,578,300* 1,268,012
1,587,693 1,274,563
232,507

192,001 -

6.9
6.2

19.7
19.7
17.4

15
164

17

18

134

59

167

176

+ 7.8
+ 5.3

115

104

110

112

128

123

131

118

117
103

+ 4.4
- 12.8

70

- 28.6
- 7.0
-23.3

54

10

584

669

187

188

177

172

183

203

+ 10.8

114

117

163

164

168

175

207

206

191

209

211

219

952

884

616

780

876

927

+ 42
.
+ 36
.
+ 51
.

748

816

817

776

814

137

141

126

134

131

130

212

114

154

150

128

103

153

159

122

75

98

109

97

105

375

375

107

166

228

341

121

68

90

101

104

84

93

95

119 -20.7

77

84
135

+ 10.4

176

75

SO

160

216

173

+

5.9

12.6

+ L7
+ 67
.
-19.7

21
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

Nov.,
1921

Dec.,
1021

Corresponding
month,
1920,
Nov. or
Dec.

CUMULATIVE
TOTAL THROUGH
LATEST MONTH.

1020

I N D E X NUMBERS.

Per-

1921

or docrease
cumulativo
1921
from
1920

1920

PerccntRO in•caso

1921

{

BASE
YEAK
OR
PERIOD.

V

r docrcaso
Nov. Dec.

Sept. Oct.

Nov. Doc.

2

rom
Noy-

P A P E R AND F R I N T I N G - C o n t i n u e d .
Wood pulp, chemical:
Production.."
short tons.
Consumption a n d shipment
short tons.
Stocks, end of month
short tons.
Imports
,
short tons.
Newsprint:
Production
short tons.
Shipments
short tons.
Stocks
short tons.,
Exports
thous. of lbs.
All other paper:
Production
short tons.,
Shipments
short tons.
Stocks...:
short tons.
Exports, printing
thous. of lbs.
Prices, newsprint:
Contract, domestic
dolls, per 100 lbs.
Contract, Canadian
dolls, per 100 lbs.
Spot market, domestic
dolls, per 100 lbs.
Printing:
Activity
weighted index number.
Paper purchases, quantities.. .index number.
Paper purchases, value
index number.
Sales, value
index number.
RUBBER.
Crude:
Imports
thous. of lbs.
Consumption by tire manfrs
thous. of lbs.
Wholesale price, Para Island,
N. Y
dolls, per lb.
Tires:
ProductionPneumatic
thousands.
Solid
thousands.
Inner tubes
thousands.
Domestic shipment—
Pneumatic
thousands.
Solid
[
thousands.
Inner tubes
thousands.
Stocks, end of m o n t h Pneumatic
thousands.
Solid
.thousands.
Inner tubes
thousands.
AUTOMOBILES.
Production:
Passenger cars
number.
Trucks
number.
Shipments:
By railroad
carloads.
Driveaways.
number of machines.
By boat
number of machines.
Purchases
Accounts past due
Notes outstanding.

thous. of dolls.
thous. of dolls.
thous. of dolls.

2,167,871
2,226,429

1,532,926 - 29.3
1,529,607 - 31.3

1919
1919
1919
1909-13

116
114
72
218

97
94
80
208

63.6

1919
1919
1919
1913

107
109
85
155

109
105
103
92

83
126
31

3.1
2.5
3.5
27.3

320,682 5,882,646 4,134,082 - 29.7
303,626 5,408,003 4,081,005 - 24.5
189,633
18,546
73,887 - 60.7
187,875

1919
1919
1919
1913

98
93
80
221

SO
75
88
194

94
97
108
41

7.8
7.2
1.7
46.5

1919
1919
1919

156
152
213

160
158
183

131
120

2.2
0.4
12.1

1918

102
160
180

105
90
141
184

1913
'1920-21

341
72

1913

24

31920-21
31920-21
U920-21

67
92
74

31920-21
U92O-21
U920-21
a 1920-21
31920-21
* 1920-21

155,809

71,204

151,031
147,380
46,843
117,068

53,007

673,841

124,857
120,360
24,763
6,648

1,511,968
1,502,574

163,101
162,841
43,172

104,604

107,877

104,492

107,070

23,127

23,934

2,513

3,198

434,272

400,407

396,497
225,800 229,710
4,686
' 3,643
427,114

4.194

4.102

4.002

4.018

4.170

3.666

151,225
43,023

92,476

533,484 -

20.8

1,225,235 - 19.0
1,226,064 - 18.4
33,694 -

5.969
5.770
7.854

Sep.,1920
1918
1918

51,731

58,645

24,162
4,260

.211

.180

17,609
.215

566,546

415,273 - 26.7

1,757
44
2,126
1,343
35
1,540
3,908
173
5,204

70,690

10,535

8,305

14,240
10,505

12,100

1,402

134

18,998
4,352
3,662

14,350

22

26

55
70
51

211
161
327

211
199
284

64
93
67

105
111
108

162
137
194

133
125
148

106
94
113

114
102
112

107
103
106

65
55
70

3,384

251,064
470,867

195,153 - 22.3
144,377
22,244

26

-

1,9

76
59
95

1920
1920
1920

369
54
84

98
49

77
40

33.2
21.2

85
33
47

105
52

Jan., 1921
Jan.,1921

11,802
6,469

+ 13.4

193.
187
212

Jan.,1921

4,220

7,500

+ 64.4

607

1919
1919

105,814

7.4
9.5

68
27
30

15.0
28.6
90.4

352
56
79

303
54
84

24.5
3.0
7.6

GLASS.
Bottles:
Production
inuminating glassware:
Net orders
Actual production
Shipments billed




1919

index number.
per ct. of capacity.
per ct. of capacity..
per ct. of capacity..

May,1921
36.2
M» yi 1921
51.2
49.1
45.6
* Six months' average, November, 1920, to April, 1921.
50.6

51.7

123

106

0.0

70

133
115
132

137
162
159

28.5
•

1.0

-

7.1

22
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

Nov.
1921

Dec.,
1921

Corrosponduij
month,
1920,
Nov. oi
Dec.

CUMULATIVE
TOTAL THROUGH
LATEST MONTH.

1020

1021

Percentage
Increase
<+,}
ordecrcaso

(-)
cumulative
1921
from
1920

INDEX NUMBERS.
1920
BASE
YEAR
OR
PERIOD.

Perccntago increase

1921

(+)

or decrease
Nov. Dec. Sept. Oct. Nov. Dec. &
from
Nov.

BUILDING AND CONSTRUCTION.
Buildings.
Building volume
Index number.
Build IDS costs
Index number
Concrete factory costs
Index number
Contracts awarded, floor space:
Business buildings,
thous. of sq. ft
Industrial buildings
thous. of sq. fl
Residential buildings
thous. of sq. ft
Educational buildings
thous. of sq. ft
Hospitals and Institutions
thous. of sq. ft
Public institutions
thous. of sq. ft
Social and recreational bldgs..thous. of sq. ft
Religious and memorial bldgs.thous. of sq. ft
Grand total
thous. of sq. ft
Contracts awarded, value:
Business buildings
thous. of dolls
Industrial buildings
thoua. of dolls
Residential buildings
thous. of dolls
Educational buildings
thous. of dolls
Hospitals and institutions
thous. of dolls
Public institutions
thous. of dotls
Public works and utilities
thous. of dolls
Social and recreational bldgs. .thous. of dolls
Religious and memorial bldgs..thous. of dolls
Grand total
thous. of dolls
Fire losses
thous' of dolls

1913
1913
1914

5,158
4,191
22,06<
3,411
521
119
1,222

491
37,811
24,221
17,091
90,3218,212
4,506
SS4
20,397
6,713
3,246
192,311
20,17

Lumber.
Southern pine:
Production
M. it. b. m
423,702
Stocks, end of mo..
M. ft. b. m
,087,727
Price, B and better
dolls, per M. ft. b. m
47.41
Douglas fir:
Production (computed)
M. ft. b. m 366,646
Shipments (computed)
M. ft. b. m 312,477
Price No. 1 common....dolls, per M. ft. b. m,
11.50
California redwood:
Production
M. ft. b.
50,489
Shipments
M. ft. b. m
4S,S14
Orders received
M. ft. b. m
56,820
California white pine:
Production
M. ft. b. m
32,040
Shipments'
M. ft. b . m.
33,31
Stocks
M. ft. b. m,
Michigan hardwood:
Production
M. ft. b. m .
14,204
Shipments
M. ft. b. m.
28,472
Western pino:
Production
II. ft. b. m .
63,155
Shipments
M. ft. b. m .
96,496
Oak flooring:
Production
A ft. b. m. 16,933
T
Shipments
lift. b. m.
19,544
Orders booked
Mft. b. m.
23,771
Stocks, end of mo
M ft. b. m.
20,922
Unfilled orders, end of mo
MIL b. m . . 21,022
Exports, planks, scantlings, <c joists ..M ft. b. m . . 10,902
f

4,583
2,846
21,901
3,297
760
332
1,002
510
35,272
22,056
14,553
100,897
15,046
6,343
2,143
27,833
6,149
3,369
198,518

2,33(3
3,91
5,534
719
302
124
564
436
13,926

82,435
127,830
137,525
26,278
6,278
2,831
12,360
5,065
399,802

65,190
35,773
204,569
40,583
10,684
3,020
17,476
9,202
387,065

- 20.9
- 72.0
+ 48.8
54.4
+ 70.2
+ 6.7
+ 41.4
+ 81.7
- 3.2

14,068
419,653
331,946 588,963
21,399
173,325 566,122
23,516
877,845 +
172,298
7,288
243,833 +
47,543
3,441
70,145 +
26,648
1,418
22,314 21,972
566,346
459,084 4,310
91,127
108,597 +
2,137
41,354
60,399 +
100,145 2,533,224 2,359,775 41,198
321,854
332,386 +

20.9
70.6
55.'1
41.5
47.5
16.3
18.9
19.2
46.1
6.8
3.3

389,832 260,911 4,296,371 4,505,259 + 4.9
1,125,979 1,320,649
43.57
42.21
346,634
301,688
11.50

249,339
247,996
16.50
31,403
17,235
10,243

51
252

80.0
72.1
151.1

153

0.6
0.7

39

25

78

86

56

50 - 11.1

41

31

21

31

33

1919

36

27

108

109

112

22 - 32.2
109 - 3.4

1919

55

38

221

169

178

172 -

1919

113

82

540

185

142

1919

50

72

291

123

69

207 4- 45.9
193 +179.0

1919

62

45

157

109

97

1919

74

98

275

209

111

115 +

1919

41

30

90

87

82

76 -

3.9
6.7
8.9

3.5

79 ~ 18.0

1919

60

42

122

111

72

65 -

1919

78

50

26

43

41

34 - 17.8

1919

45

33

135

127

128

143 + 11.7

1919

70

73

266

225

183

151 - 17.4

1919

79

105

364

159

138

197 + 40.8

1919

SO

127

234

136

79

192 +142.4

1919

52

53

85

84

63

62

168

95

96
104

1919
1919

68

249

183

1919

60

47

115

103

89

1919

125

184

114

125

117

67 +

5.4
8.4
108 + 3.8
92 + 3.2
129 + 10.4
8$ -

1917

72

93

95

100

92 -

1917

97

96

86

79

79

82 +

1913

202

183

155

184

206

189 -

8.0
3.5
8.1

71

97

107

105

99 -

77

93

113

•97

93 -

1913

179

179

114

114

125

530,913

191S

139

113

135

1918

124

84
61

113

424,044

105

117

171

366,913

1918

72

121

155

197

112

'85
127

104

23

32

31 _

57

4S

38 - 34.9

72

56

20 - 6 3 . 4

96

87

71 - 18.9

1917

1918

334,920

231,730

264,698

196,676

-30.8
-25.7

95

1918

142

42

78

1917

115

140

48

1917

24

1917

128,936

143,929

93,598

163,134

15.5
74.3

76,115

168,660

•121.6

125

5.5
3.5
0.0

61

122
27
42

1917

917,866

42.9
38.7
183.7

154

1919

879,222

6,251
4,562
2,694
3S,257
4,287
100,496

118 + 16.8
169 +
152 -

85

23,118
78,292
17,510
18,065
13,070
21,763
20,SSS
.51,268

101
168

1919

1918

20,009
8,051

109
166

1917

4,570,209 3,572,847 - 21.8
4,018,974 3,582,064 - 10.9

22,013
15,686

13,972
18,549

114
183
157

60
231

75

1913

110

94

223

244

254

262 +

1913

92

76

280

353

325

301

1.6

1913

77

44

273

451

3S9

214

1913

409

425

371

30S

232

242

287

290

288

62

$5

1913

55

59

132

,550,728

1,207,044 - 22.2

.909-13

56

56

56

9,291
9,332

4,885 - 47.4
4,317 - 53.7

1919

127

128

50

61

1919

135

119

53

66

1919

78

85

96

100

3.4
- 7.6
- 45.0
+ 4.0
- 0.6
+ 36.4

Brick.
Fireclay:
Production
Shipments
Stocks, end of mo




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

39.9
36.5
178.5

68 +

7.5
6.0
396 + 2.9
64 +

23
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

Nov.,
1921

Dec.,
1921

Corresponding
month,
1920,
Nov. or
Dec.

CUMULATIVE
TOTAL T n n o u a n
LATEST MONTH.

1920

INDEX NUMBEttS.

Percentage'
Increase \

1921

'erccnt*
ago in*
oase

1931

or decrease

BASS
YEAH

cumulative
1921
from
1920

PERIOD.

on
Dec. Sept. Oct.
rom
Nov.

BUILDING AND CONSTBUCTION-Con.
Brick—Continued.
Silica:
Production
thousands..
Shipments
thousands..
Stocks, end of mo
thousands..
Face brick:
Production
thousands..
Stocks in sheds & kilns
thousands..
Unfilled orders
thousands..
Shipments
thousands..
Prices:
Common red, N. Y
dolls, per thous..
Common salmon, Chicago....dolls, per thous..

4,572
5,282
41,379
45,582
142,135
35,891
28,280

4,754
7,321
38,812

13,653
14,963
33,750

178,850
186,960

541,836

66.3
67.0

66,885

1919

4.0

1919

38.6

1919

61,699

6.2

1919

15.7

38,444

26,437

160,961

145,576

1919

34,755

28,783

1919

-

23,151

10,170

1919

- 18.1

15.00
8.63

14.50
8.93

17.00

1913

-

3.3

12.40

1913

+

3.5

8,921
5,195
9,091
1.50

6,559
3,697
11,938
1.50

98,293

1913

- 26.5

95,051

1913

28.8

25,149

27,685
3,907
11,337
5,757
4,031

428,174 - 21.0

334,209

13. .
1
3.2

Cement.
Production
Shipments
Stocks, end of mo
Price, Portland

thous. of bbls..
thous. of bbls..
thous. of bbls..
dolls, per bbl..

31.3

1913
1.95

1913

195

195

0.0

HIDES AND LEATHER.
Hides.
Imports:
Total hides and skins
thous. of lbs.
Calfskins
thous. of lbs.
Cattle hides
thous. of lbs.
Goatskins
thous. of lbs.
Sheepskins
thous. of lbs.
Stocks, end of month:
Packer hides, green saltedCattle hides
thous. of lbs.
Calf and kip
thous. of lbs.
Other hides and skinsGreen saltedCattle hides
thous. of lbs.
Calf and kip skins
thous. of lbs.
Dry saltedCattle hides
thous. of lbs.
Calf and kip skins
thous. of lbs.
Sheep and lamb
thous. of lbs.
Prices:
Green salted, packer's heavy native
steers
doUs. perlb.
Calfskins, country, No. 1
dolls, perlb.
Leather.
Production:
Sole leather
thous. of sides.
Severs
dozens.
Oak union harness
stuffed sides.
Finished sole and belting
thous. of lbs.
Finished, upper
thous. ofsq. ft.
Stocks end of month:
Solo and belting
thous. of lbs.
U
PI«r
thous. of sq.ft.
Stocks in process of tanning:
Sole and belting
thous. of lbs.
t^Per
thous. of sq.ft.
Exports:

2,411
11,816
5,468
4,440

+
178,184 63,125 45;S69 -

21,575

509,992

348,035

1,377

35,140

47,938

16,021

275,065

1,355

80,207

2,080

82,753

31.8
36.4
35.2
21.3
44.6

1909-13

10.1

1909-13

62.0

1900-13

4.1

1900-13

5.3
-

1909-13

* 1920-21
* 1920-21

103

152,965

238,143

11,541

25,838

114,909

103,835

33,216

33,400

«1920-21
* 1920-21

17,369
6,805
33,410

15,455
5,469
31,764

1920-21
<1920-21
U920-21

88

1913
1913

.158
.145

.165
.140

.190
.141

1,705

1,746

1,354

18,414

17,841

17,533

20,149

9,896

158,284

199,836

60,002

62,551

66,482

1,153,690

- 8.1
+ 26.3

86

94
100

100
103

94

83

97

105

126

103

90 +

4.4

90

75

-

3.4

1919

70

72

+

2.4

1919

87

66

1919

77

70

21,999

176,158

* 1920-21

91

OS

65,966

43,788

428,902

* 1920-21

91

90

41.3

so

86

11

117
63
122

146

13'

106
99

132
138

29,544

677,766 -

59
52
106
141

193,841

164,597

* 1920-21

90

96

106

107

415,304

426,726

* 1920-21

102

102

97

99

+ 14.9
+

4.2

103
115

115,422

111,213

* 1920-21

100

9S

101

104

175,566

142,943

*1920-21

94

89

116

116

801(3
1913
14,380 - 31.9
21,101
1,079
2,347
1,311
thous. of lbs.
1913
42,710 - 51.3
87,649
4,823
5,843
5,874
^ UPP«r
thous. of s q . f t .
Prices:
1913
Sole, hemlock, middle No. 1
dolls, per l b .
.410
.340
.340
Chrome calf, " B » grades
dolls per sq. ft
.500
.575
.500
< Twelve months average, September, 1920, to August, 1921, inclusive.

20

41

33

SO

42

55

43

42

90
66

16!

145

121

12:

121

231

21;

194

19




9.2

- 44.1
-

12

0.5
0.0
0.0

24
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

Nov.,
1921

Dec..
1921

Corresponding
month,
1920,
Nov. or
Dec.

CUMULATIVE
TOTAL THROUGH
LATEST MONTH.

1920

I N D E X NUMBERS.

Percentage
increase

1921

or decreaso
(-)
cumulative
1921
from
1920

1920

Percentage increase
<+>
or decrease

1921

BASE
YEAR
OR
PERIOD.

Nov. Dec.

Sept. Oct.

Nov. Dec.

from
Nov.

HIDES AND LEATHERS—Continued.
Leather Products.
Belting, sales:
Quantity
thous. of lbs.
Amount...
thous. of dolls.
Boots and shoes:
Production
thous. of pairs.
Exports
thous. of pairs.
Price, wholesale, men's black calf,
blucher
dolls, per pair.

311
681

263
439

8,028
18,368

3,342 - 58.4
6,138 - 66.6

1919
1919

15,981

8,979 - 43.8

1913

138

163

50

38

36

1913

249

249

225

217

217

32
205

34
168

66

74

46

31

65
36

23,593
301

24,097
560

1,370

6.75

6.75

7.75

13,731
15,629

17,060
5,365

7,
72,403

705
501
101,497

659
394
63,663

42
37

67 + 86.0
0.0

217

CHEMICALS.
taports:
Potash
tons.
Nitrate of soda
...tons.
Exports:
Sulphuric acid
thous. of lbs.
Dyes and dyestuffs
thous. of dolls.
Total fertilizer
tons.
Prite index numbers:
Crude drugs
index number.
Essential oils
index number.
Drugs and Pharmaceuticals.. .index number.

81 + 24.2
12 - 65.7

178,692
1,320,972

104,872 - 41.3
369,199 - 72.1

1909-13
1909-13

2,004
28,991
32,652
2,018
105,716 1,413,797

12,815 - 55.8
6,860 - 79.0
889,443 - 37.1

107 - 6.5
115
1909-13
101
225
328 327
1909-13 7,985 6,975 1,564 1,665 1,731 1,362 - 21.4
62 - 37.3
98
1909-13
102
61
74 102

Aug,, 1914
Aug., 1914
Aug., 1914

174
226*
173

162
210
160

123

126

127

132 +

138

138

135

137 +

3.9
1.5
118 + 1-7

119

117

116

FOODSTUFFS.
Wheat.
Production:
Winter (est.)
thous. of busbs.
Spring (est.)
thous. of bushs,
Total (est.)
thous. of bushs
Exports incl.
flour
thous. of bushs.
Visible supply
thous. of bushs,
Receipts, prin. mkts
thous. of bushs.
Shipments, prin. mkts
thous. of bushs.
Wheat flour production
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,
KansesCity
dolls, per bbl

19,453
133,702
25,576
19,455
10,851

5587,032 6610,597
5207,861 5222,430
5794,893 5833,027
15,014
30,179
135,823
94,206
23,975
31,574
13,634
21,511
9,053
8,745

307,394
324,453
279,025
108,755

350,464
436,423 + 34.5
291,817 4- 4.6
122,069 + 12.2

1909-13
1909-13
1909-13
1913
1913
1919
1919
1914

260
177
118
122
92

133

138
91
121

85
116

253

327

213

163

126 - 22.8

183

170

233

260
81

264 + l.f>
76 - 6.3

100

195

132

108

202

144

98

81

125

126

101

1.226
1.176

1.254
1.177

1.770
2.012

1913
1913

198
209

194

150

142

134

204

130

121

119

7.170

6.881

8.943

1913

,203

195

182

162

156

5.900

5.860

8.256

1913

218

215

174

164

153

mills, of bushs.
thous. of bushs.
thous. of bushs.,
thous. of bushs.
thous. of bushs.

4,475
18,197
15,467
12,770

6 3,081
10,458
27,109
39,723
17,403

6 3,231
3,626
5,280
18,097
8,631

1909-13
1913
1913
1919
1919

51
72
67
92

448

224

106

158

266

217

244

230

103

305

239

dolls, per bush.

.482

.482

.755

1913

129

121

343
.354

1,061
573
.364

6 1,496
1,016
.494

1909-13
1913
1913

38
137

34

22

132

102

92

2,511

151,181
830

189,332
2,520

1909-13
1913

111

172

367

143

.554

.548

.778

1913

139

125

84

- 29.9
- 16.6

137 4 - 2 . 3

97

119 + 0.1
150 -

4.0

152 - 0.7

Corn.
Production (est.)
Exports, incl. meal
Visible supply
Receipts, prin. mkts
Shipments, prin. mkts
Prices, contract grades No. 2,
Chicago

Other Grains.
Oats:
Production (est.)
mills, of bushs.
Exports, incl. meal
thous. of bushs.
Prices, contract grades,Chicago.dolls.perbush.
Barley:
Production (est.)
...thous. of bushs.,
Exports
thous. of bushs..
Price fair to good, malting,
Chicago
dolls, per bosh..
Eye:
Production (est.)
thous. of bushs
Exports, ind.
flour
thous. of bushs..
Price, No. 2, Chicago
dolls, per bush..




6

21,320
215,855
115,842

15,975

17,855

131,685 +517.7
340,903 + 57.9
227,389 + 96.3

8,003 - 49.9

25,833

44.7

6 57,918 •60,490
1909-13
1,993
59,254
5,634
30,165 - 49.1
1913
.804
.858
1,598
1913
' * Represents the final estimated production for the year indicated.

144

114
248
323
265
197

+134.4
+ 49.0
+156.8
+ 36.3

77

77

0.0

119

121

132
19 + 67.1
97 + 2.S

94

83

172

173

166'

3,141 3,645 2,400 1,291
139
248 251
167

104
57 - 66.9

446
126

1.1

+188.4
135 + 6.7

25
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

NOV.L

1921

Dec.,
1921

Corresponding
month,
1920,
Nor. or
Dec.

CUMULATIVE
TOTAL THROUGH
LATEST MONTH.

or decrease
cumulative
1921
from
1920

I

INDEX NUMBERS.

Percentage
ncrcase

PcrfOIlt-

1920

inea.se

1921

BASE
YEAR
OR
PERIOD.

l

easo
JsTov.

1920

1921

421,
417,

532,

•f 2G.2

+ 26.5

tept.

1913

528,

Dec.

1919

Dec.
from
\Tov.

Oct. Nov.

FOODSTUFFS—Continued.
Total Grains*
Total grain production (est.)
mills, of bushs..
Total grain exports inch flour thous. of bushs..
Carloadings of grain and grain products
cars.

6 5,146
27,473
37,998

28,898
42,032

5 5,810
42,975
34,645

1909-13

191
130

132

5.2

97

10.6

207

130

129.0

Other Crops*
Rice, production (est.)
Potatoes, production (est.)
Hay, production (est.)
Apples:
Production (est.)
Cold-storage holdings

5 39,653 & 51,692
>346,823 403,296
6 81,567 5 87,855

thous. of bushs.,
thous. of bushs.,
thous. of tons-,
.thous. of bushs.,
thous. of bbls..

2,354

96,881
5,390

1,392
650
279
785
15,177
142,813
453,689
416,334
12.094

1909-13

223,677
6,384

1,415
682
245
740
9,420
84,548

1909-13
1909-13

1909-13
1919

391

46

Cattle a n d Beef.
1,928
Receipts, primary mkts
thousands.
997
Shipments, primary mkts
thousands..
Shipments, stocker and feeder
thousands.,
497
Slaughter
thousands935
Exports of beef products
thous. of lbs.
10,043
80,007
Cold-storage holdings of beef
thous. of lbs.
Inspected slaughter production
thous. of lbs., 392,487
Apparent consumption
thous. of lbs.. 366,593
Prices, cattle, corn-fed, Chicago.dolls, per 100lbs.:
8.563

,8.219

22,391
9,821
4,042
12,245
233,511

19,766

11.7

1919

26.6

8,609

12.3

J919

31.6
50.7

13.6

1919

9.7

1919

182,989

21.6

1913

6.2

1919

4,616,028
4,578,673

3,492
11,059

5.7

4,132,794

10.5
10.3

20.9

1913

4,106,900

-

1919

4.0

97

1913

Hogs a n d F o r k .
Beceipts, 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.thous. of lbs.
Prices, hogs, heavy, Chicago
dolls, per 100 lbs.

4,195
1,520
37
2,680
187,127
544,410
472,009
343,630
9.538

42,437
15,280
730
27,111
1,532,583
5,796,027
4,549,408

1,664
881
202
804

1,566

23,504

24,096

710

12,523

11,306

7,508

6,401

2.750
8.719

3,687
1,297
33
2,370
90,248
567,622
489,259
396,397
6.838

3,911
* 1,765
35
2,137
106,440

2,026
1,052
511

457,177
6.744

41,035 - 3 . 3

1919

14,693 -

3.8

1919

498 - 31.8

1919
1919

26,307 -

3.0

1,659,695 +

8.3

1913

6,093,472

5.1

1913

4,754,809

4.5

1919
1919
1913

6.1
36.1
6.1
9.8
+ 17.9

104
117
72
97
157
113
169
30
145

+ 15.3
- 1.4

Sheep a n d M u t t o n .
Beceipts, primary markets
thousands.
Shipments, primary markets
thousands.
Shipments, stocker and feeder
thousands.
Slaughter
thousands.
Cold-storage holdings, lamb and
mutton
thous. of lbs.
Prices:
Sheep, ewes, Chicago
dolls, per 100 lbs.
Sheep, lambs, Chicago

dolls, per 100 lbs.

1919

109
124
148
96

69
59
45
85

116
118
96
114

68,113

1919

674

810

71

82

3.781
10.500

3.563
11.581

1913

110
156

76
149

67
113

62
109

18,126
43
19,107

22,238
' 1
23,409

19,268
962
20,776

37,282
13,456
399

37,172
11,237
538

26,326
11,703
360

65,138
34,062
2,402

48,391
27,642

58,682
34,115
403

-

133
133
126
124

259

5,171

3,129

891

10,984

12,823

+
+

2.5
9.7
39.5
16.7

1919
1919
1919

1913

76
59
112

17.9
16.3
60.5
18.6

- 14.7

37.5
135 + 20.4

Dairy Products.
Condensed and evaporated milk:
Exports
thous. of lbs.
Imports
thous. of lbs.
Bxports, dairy products
thous. of lbs.
Receipts at 5 markets:
...thous. of lbs.
Butter
Cheese
...thous. of lbs.
.thous. of cases.
Cold-storage holdings:
Creamery butter
thous. of lbs.
American cheese
thous. of lbs.
.thous. of cases.
"Wholesale prices at 5 markets:
Butter
....dolls, per lb.
dolls, per lb.
5

.451
.220

8S6
.435
.206

411,020

289,678 - 29.5

1919

23,756

12,164 - 48.8

1919

444,774

333,856 - 24.9

1913

471,232

567,367 + 20.

1919

165,774
12,322

178,626 +

7.8

1919

14,748 + 19.7

1919

.528
.249

Represents the final estimated production for the year indicated.




54
45
24
254
3
71
70
960 1,098 2,058 1,748 1,009 1,23!
110
91
77

95
101
62

81

160
121
170

138
116
119

116

1916-20

141
107
49

1919
1919

105
84

72

78

71

1916-20
1916-20

58
84
33

57
72

64

e December index number less than 1.

83
3

92
65

7

+ 22.7
22.5

SI - 0.3
69 - 16.5
45
34.8
- 25.7
- 18.8
- 63.1
-

3.5
6.4

26
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

Nov.,
1921

Dec.,
1921

Correspondinj
month,
1920,
Nov. O
Dec.

CUMULATIVE
TOTAL THROUGH
LATEST MONTH.

19-20

INDEX NUMBERS.

Percentag<
increase

1921

1920
or decrease
cuniulative
1921
from
1920

Percentage in
crease

1921

BASE
YEAR
OB
PERIOD.

or decrease
Nov. Dec. Sept. Oct. Nov. Dec.

fci
from
Nov.

FOODSTUFFS—Continued.
Fats and Oils.
Total vegetable oils:
Exports
Imports
Oleomargarine—consumption
Cottonseed stocks
Cottonseed oil:
Stocks
Production
Price, New York

thous. of lbs
*-... thous. of lbs.
thous. of lbs,
tons

10,822 12,529
48,135 31,785
17,565 25,035
762,726 618,173

43.44i
20,269
23,869
593,507

202,402
585,895
360,066

263,566 + 30.2
323,529 - 44.8
215,834 - 40.1

thous. of lbs
thous. of lbs
dolls, per lb,

100,167
173,57 131,961
.082
.083

156,801
176,323 1,141,609
, .086

1,285,143 + 12.6

Imports, raw
....long tons.
Meltings, raw
long tons
Stocks, raw
long tons
Exports, refined
long tons.
Prices:
Wholesale, 96° centrifugal, N. Y. .dolls, per lb
Wholesale, refined, N. Y
dolls, per lb.
Retail, average, 51 cities
index number,

206,865 176,462
268,283 254,135
82,253 62,4U
16,908 31,81

158,121 3,590,322 2,751,191 - 23.4
166,746 4,061,163
- 11.4
98,996
13,780
412,450
416,872 + 11
.

1913
1913
1913
1919

85
83
271
115

150
95
201
116

28
211
149
74

37
127
181
143

37
225
148
149

43
149
211
121

1919
1919
1913

277
349
140

261
270
119

84
153
136

172
285
122

187
265
114

167 - 10.6
202 - 24.0
115 + 1 2
.

1913
1919
1919
1909-13

110
69
90
343

90
80
51
81
104
144
467 1,206

92
85
75
585

118 100
82 .78
86
65
573 1,078

1913
1913
1913

193
225
235

151
191
190

123
131
133

119
122
125

117
12.1
122

106 - 9.8
117 - 3.8
121 - 0.8

1909-13

100

96

84

103

165

202 + 22.3

74
90
150

76
86
146

76
69
121

75
62
117

77
69
110

79 + 3 1
.
85 + 24.4
123 + 1 .
10

+
+
-

15.8
34.0
42.5
19.0

Sugar.
- 14.7
- 5.3
-24.1
+ 88.3

.037
.050

124,955

152,771

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

9,076
1,298
1,055

9,263
1,61
1,17;

9,002
1,61!
1,397

10,286

12,773 + 24/2

1913
1913
1913

thous. of bags.
thous. of bags.

1,145
783

95:
432

930
677

11,325
6,253

12,034 + 6.3
6,151 - 1.6

1913
1913

103
118

94
172

123
131

107
171

116
199

96 - 16.9
110 - 44.7

thous. of lbs

Coffee.
Imports
Visible supply:
World
United States
Receipts, total, Brazil
Clearances:
Total Brazil for world
Total Brazi 1 for U. S

.os:

9,258

11,162

4,198

90,808

76,488 - 15.8

1909-13

73

51

102

112

112

135

1,118

7,299
44,621
399,815
467,371

515,353 + 10.3

1909-13
1913
1913
1913
1909-13

106
272
54
85

159
80
217
48
145

97
370
94
105

101
377
101
138

98
328
83
93

124 + 33*6

1913

246

246

208

208

208

203

77
38
22
37
4
79
81
89

79
38
21
37
3
83
85
94

82
37
21
36
2
87
87
97

thous. of lbs

.04:

.053

72,752 1,297,414

1,343,499 + 3.6

Tea,
Imports

20.6

TOBACCO.
Production:
Crop (estimated)
mills, of lbs,
Large cigars
millions.
Small cigarettes
millions
Manf d tobacco and snuff.
thous. of lbs
Exports, unmanf'd, leaf.
thous. of lbs,
Price, wholesale, Burley good leaf,
dark red, Louisville

dolls, per 100 lbs.

615
4,229
30,772
29,236

38,772

1,582
506
2,81'
17,683
45,408

27.500

27.500

32.500

3.97
.07!
.041
.069
.004
.350
.232
.188

4.16
.078
.044
.075
.005
.363
.245
.194

3.49
.059
.035
.062
.014
.310
.196
.154

Ppr.val.
Par. val.
Par. val.
Par. vaL
Par. val.
Par. val.
Par. val.
Par. val.

72
31
18
32
6
77
73
80

.479
.269

.479
.274

.503
.269

Par. val.
Par. val.

101
55

0.0
1.9

.915
.735
.126
.110

.928
.748
.127
.108

.863
.787
.153
.142

Par. val.
Par. vaL
Par. vaL
Par. val.
Par. val.

86
82
47
73
55

1.4
1.8
0.8
1.8
+ 7.8

112

0.0

FOREIGN EXCHANGE BATES.
Europe:
England
dolls, per £ sterling.
France
dolls, per franc.
Italy
dolls, per lire.
Belgium
dolls, per franc.
Germany
dolls, per mark.
Netherlands
dolls, per florin.
Sweden
dolls, per krone.
Switzerland
dolls, per franc.
Asia:
Japan
dolls, per yen..
India
dolls, per rupee..
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..




86 + 4.8

40
23
39
2
91
191
101

+83
.
+ 73
.
+ 8.7
+ 25.0
+ 3.7
+ 56
.
+3.2

27
TREND OP BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

Nov.,
1921

Dec..
19-21

Corresponding
month,
1920,
Nov. or
Dec.

CUMULATIVE
TOTAL THROUGH
LATEST MONTH.

1920

INDEX NUMBERS.

Percentage!!
increase!

1921

or de
BASE
crease | YEAR
OR
:umu- PERIOD.
lative
1921
from
1920

Percentage in
crease

19*21

19-20

or decrease
Nov.

Sept.

Dec.
from
Nov.

)ct.

TRANSPORTATION—WATER.
Canal Cargo Traffic.
Panama Canal:
356
American vessels
thous. of tons..
British vessels
....thous. of tons.. ' 237
855
Total cargo traffic
thous. of tons..
Sault Ste. Marie Canal, total cargo, .thous. of tons.. 3,265

1,031

396
344
985
1,505

4,640
2,627
8,746
79,281

4,219
3,085
9,694
48,258

9.1
17.6
10.8
39.1

1915
1915
1915
1913

217
1SS
242
95

10 - 68.4

Vessels in Foreign Trade.
Entered in U. S. ports:
American
Foreign
Total
Cleared from XJ. S. ports:
American
Foreign.
Total

thous. of tons..
thous. of tons..
thous. of tons..

2,895
2,350
5,245

2,553
2,306
4,859

3,024
2,724
5,748

32,131
32,001
64,131

31,099
31,078
62,178

3.2
2.9
3.0

1913
1913
1913

275
85
135

-11.8
- 1.9
- 7.4

thous. of tons..
....thous. of tons..
thous. of tons..

2,748
2,200
4,949

2,434
2,586
5,021

2,786
2,949
5,735

34,037
33,792
67,830

11.6
6.9
7.7

1913
1913
1913

264

31,448
62,637

- 11.4
+ 17.5
1.5

319
62

297
46

1,124
177

2,832

1,272 - 55.1

1920
1921

113,874 191,707
132,693 221,614
282,926 470,516

149,487
17,067
204,408

1919
1919
1919

264
24
37
None.
110
302
320,292 313,190
757
29,139

731
2,159
3,808
191,234
786
37,459

10,211
414,164

1919
1919
1919
1913
1919

342,025
82,656
465,497
.368,013
66,198

436,891
106,652
592,054
513,614
50,964

4,326,551
1,287,919
6,228,233
5,821,729
70,018

138

Ship Construction.
Vessels under construction

thous. of long tons..

New vessels completed

thous. of long tons..

26

- 6.9
-25.S

14

TRANSPORTATION—RAIL.
Freight Cars.
Surplus:
Box
number.,
Coal
number..
Total
number..
Shortage:
Box
:
number.,
Coal
number.,
Total
number.,
Bad order cars, total.
number.,
Car loadings, total
:
thous. of cars..
Freight carried.
mills, of ton-miles.,
Railroad Finance.
Revenue:
Freight.
thous. of dolls.
Passenger
thous. of dolls.
Total operating
thous. of dolls.
Operating expense
thous. of dolls.
Net operating income
thous. of dolls.
Receipts per ton-mile
dolls, per ton-mile.

9,057 - 11.3
318,764 - 23.0

3,629,861
1,065,093
5,138,148
4,248,341
563,054

- 16.1
- 17.3
- 17.5
- 27.0
+704.2

42

182

2

23

26

108

233 + 68.4
293 + 67.0
248 + 6 6 . 3

15
264

4

- 90.9

51

81
121
109

16

- 2.2
-r.,.9.8

127
98

CI05

177

168

200
175
195
208
146
179

11
122

106
113

95
96
94

96
99
95

- 4.2
0.0
+ 11
.

263
309

241
272
241
78
82
41:

194
181
194
41
90
3SC

195
183
19
3£
7(
371

.
198 + 2 4
.
183 + 1 7
.
193 + 1 0

Jy., 1914
193 178
Jy.,1914
166 166
Jy.,1914
205 187
Jy.,1914
200 200
J y . 1914 192 19S
Jy.,19141| 190 181
i First quarter of year.

153
169
160
17
1SI

152
169
161
17!
178
163

1913
1913
1913
1913
1913
1913

247
185
232
283
277

LABOR.
Number employed:
United States (1,428
firms)
.thousands.
New York State
thousands.
Wisconsin
index number.
Total pay roll:
New York State.
thous. of dolls.
Wisconsin
index number.
Av. weekly earnings, Wisconsin, .index number.
Immigration
number.
Emigration
number.
thous. of dolls.

I Jan.,1921
1914
li' 1915

1,567
471

1,493
471

506

11,465

11,744

14,330

200,535

143,31! - 28.5

824,383
3S0,582

662,75€ - 19.6
379,521 - 0.3

146,500

89,224
34,386
163,434

44,648
29,646
14S,000

1914
1915
1915
1913
1913
1913

253
75
67
40S

369 -

1.0

150 -

1.3
0.0
0.6
0.6
0.2

PRICE INDEX NUMBERS.
Cost of living—Nat. Indus. Conf. Board:
Food
---index number..
SheIt
er
index number..
Clothing
index number..
Fuel and light
^.. .index number..
Sundries
index number..
All items weighted
index number..




«December index number less than

169
156 178 178
161

28
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

Nov.
1921

Dec.,
1921

Correspondin;
month
1920,
Nov. or
Dec.

CUMtTLATlVE
TOTAL THBOUGH
LATEST MONTH.

1920

I N D E X NUMBERS.

Percentage
increasi

1921

(+)

or decrease
(-)
cumulative
1921
from
1920

1920

Percentage increase

1921

BASE
YEAR
OR
PERIOD.

or decrease
Nov. Dec.

Sept. Oct. Nov. Dec.

from
Nov.

PRICE INDEX NUMBERS—Continued.
Farm price:
Crop
index number.
Livestock
index number.
Wholesale prices:
Department of Labor groupingFarm products
index number.
Food, etc
index number.
Cloths and clothing
.*. .index number.
Fuel and lighting
index number.
Metal and metal products.index number.
Building and building
material
index number.
Chemicals and drugs
index number.
House furnishing goods.. .index number.
Miscellaneous
Index numberAll commodities
index number.
Federal Reserve Board groupingFarm products
index number.
Animal products
index number.
Forest products
index number.
Mineral products
index number.
Total raw products
index number.
Producers goods
index number.
Consumed 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
•
index number.
Bradstreet's
index number.
Retail food prices
index number.
Foreign wholesale prices:
United Kingdom
index number.
France
index number.,
Italy
index number.
Germany
index number..
Canada
index number..
Australia
index number..
India
index number..
Japan
index number..

1913
1913

135
147

129
121

111
101

1013
1913
1913
1913
1913

165
195
234
258
170

144
172
220
236
157

122
146
187
178
120

119
142
190
182
121

114
142
186
186
119

113 - 0.9
139 - 0.2
185 - e.§
187 + o.s
M
119

1913
1913
1913
1913
1913

274
207
369
220
207

266
188
346
205
189

193
162
223
146
152

192
162
218
145
150

197
162
218
145
149

203 •f 3.0
161 - 0.6
0.0
218
148 + 2.1
0.0
149

1913
1913
1913
1913
1913
1913
1913
1913

170
159
289
246
205
193
214
207

155
132
283
224
187
175
196
189

142
104
194
172
146
133
160
152

134
105
193
176
145
133
158
150

129
103
200
178
145
130
157
149

129
102
208
178
146
130
155
149

1913
1913
1913
1913
1913
1913

127
163
190
175
148
193

112
146
173
164
137
178

106
144
143
134
121
153

108
107
141 ; 138
140
141
136
135
123
123
152
153

1913
1913
1913
1913
1913
1914
1914
1913

92

95
91

111
136
138
136
123
150

0.1
1.0
4.0
0.0
+ 0.7
0.0
- 1.3
0.0

+

4* 2.8
- 1.4
- 1.4
0.0
0.0
- 1.3

162 166
170
245
220
325 332
331
461
435
344
595
595
599
670
655
5S0
1,658 1,083 1,993 2,687 3,283 3,467 +
170 +
168
169
225
214
172
156
208
197
160
184
194
180
180
184
219
221
214
206
207

2.4
2.1
0.0
5.6
1.2

2.3

DISTRIBUTION MOVEMENT.
Mail-order houses, sales
Chain stores, sales
Magazine advertising
Newspaper advertising
Department store trade *
Postal receipts

thous. of dolls..
thous. of dolls
thous. of lines.
thous. of lines...

23,768
21,813
1,421
93,812

24,506
40,052
1,112
94,257

23,783
36,036
1,462
97,285

357,349
235,486
27,306
1,145,455

254,478 - 28.8
247,947 + 5.3
17,243 - 36.9
- 10.4

1913
1913 '
1913
1919

276
260
173
119

218
452
120
116

194
238
120
100

229
296
124
116

218
274
116
112

224 + 3.1
502 + 83.6
91 - 2 1 . 7
0.0
112

thous. of dolls..

21,750,

26,678

25,020

248,264

249,126 + 0.3

1919

115

136

111

118

118

145 + 22.7

U. S. interest-bearing debt
mills, of dolls, j 23,365 23,189
I i b t r t y and Victory loans and War Saving
securities
mills, of dolls.. 19,491
19,408
Customs receipts
..thous. of dolls.. 24,843 26,155
Ordinary receipts
thous. of dolls.. 195,483 r40,293
Ordinary disbursements
thous. of dolls.. 324,483 329,766
Money held outside U. S. Treasury and
Federal Reserve System:
'
\
Total
mills, of dolls..j 4,607
4,553
Percapita
dollars..! 42.41
41.85

23,745

1919

95

94

94

92

93

1919 1913
1913
1913

95
82
70
456 1,544 1,142
749 711
468

94

1919
1919

114
114

PUBLIC FINANCE.




20,269
18,555
931,989
404,575

330,533
313,915 - 5.0
6,432,072 4,971,877 - 22.7
5,064,472 4,445,821 - 12.2

5,584
52.13

See detailed tables, pages 108 and 109.

114
113

394
535

92 -

0.8

94 _ 0.4
94
+ 5.3
96
324 1,227 +278.7
670 580 + 1.6

94
92

_
91 -

L8
1.2

29
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

Nov.,
1921

Dec,
1921

Corresponding
month,
1920,
Nov. or
Dec.

INDEX NUMBERS.

Percentage
increase

CUMULATIVE
TOTAL THROUGH
LATEST MONTH.

1920

1921

( )

t

or decrease
(-)
cumulative
1021
from
1920

1920

Percentage increase
(+
or ,>
docreaso

1921

BASE
YEAR
OR
PERIOD.

Nov. Dec.

Sept Oct.

Nov. Doc.

Dec.
from
Nov.

BANKING AND FINANCE.
Banking.
Debits to individual accounts:
New York City
Outside New York City
Bank clearings:
New York City
*.
Outside New York City
Federal reserve banks:
Bills discounted
Notes in circulation
Total reserves
Total deposits
Federal reserve member banks:
Total loans, rediscounts, and
investments
Net demand deposits
Interest rates:
New York call loans
Commercial paper, 60-90 days

mills, of dolls.
mills, of dolls.

17,492
14,900

20,575
17,554

21,888
19,136

241,045
240,805

207,095 - 14.1
191,361 - 20.5

1919
1919

mills, of dolls.
mills, of dolls.

16,822
12,309

18,476
12,994

20,981
15,048

243,135
189,115

192,106 - 21.0
145,012 - 23.3

1913
1913

mills, of dolls.
mills, of dolls.
mills, of dolls.
mills, of dolls.

1,282
2,366
2,990
1,743

1,180
2,443
2,992
1,765

2,719
3,345
2,249
1,799

1919
1919
1919
1919

mills, of dolls.
mills, of dolls.

14,765
10,274

14,780
10,174

16,750
10,942

1919
1919

percent.
per cent.

5.06
5.19

5.10
5.13

6.90
7.88

1913
1913

108
109
246
245
141
127
100
90

101 -f 17.6
100 + 17.8

85

234 +
212 +

140
128
103
93

90
137
90

9.8
5.6

61 93 +
137
91

266
246

3.3
0,1

8.0

1.3

+ 01
.
96 - 1 0
.

97

93

160 4- 0.6
-

1.1

Business Finances.
Business failures:
2,444
Firms
number.
1,988
Liabilities
Ithous. of dolls.
53,470 87,502
Div. and interest payments
thous. of dolls. 322,497 359,800
U.S. Steel Corporation's earnings .thous. of dolls.
4,967
6,440
New capital issues:
Corporations
thous. of dolls. 255,938 318,335
States and municipalities:
Permanentloans
thous. of dolls. 128,526 203,842
46,184 51,075
Temporary loans
thous. of dolls.
New incorporations
mills, of dolls.
619
Telephone earnings:
Total operating revenues
thous. of dolls.
37,657
Net operating incomes
thous. of dolls.
8,172
Credit conditions:
Orders
Per cent of total transactions.
25.4
25.5
Indebtedness...Per cent of total transactions.
42.3
42.2
Payments
Per cent of total transactions.
50.1
50.3

1,525

8,881

19,652 +12L3

1913-

58,872

295,121

1913

326,979

3,414,975

627,401 +112.6
3,549,965 + 4.0

12,099

177,173

92,708 -

47.7

1913

79
135
168
131

237,208

3,106,630

2,634,869 -

15.2

1913

129

173

81,557
53,997

773,665
664,087

1,304,287 -f 68.6

1913

190

1913

130

861

15,000

14.7
7,960 - 46.9

1913

520

240
134
500

31,933
5,501

342,105
59,592

397,306 + 16.1

1913

243

84,473 + 41.8

1913

148

762,037

1913

167

149
235
21J8

183 + 22.9
385 + 63.6
243 + 1L6

72

51

40 - 22.9

150

75

187

232 + 24.4

310

377

599 + 58.6
127 4- 10.6

284

370
14S
292

275
219

2S9
220

287
220

98
101
89

105
90

109

110
163
241
63

183

128
234

115
214

559 + 68.2

i

1916

74

1916

17.5
37.8
52.5

108

1916

93
91

92 109
91

1.1
0.0
0.0

Stocks a n d Bonds.
Stock prices, closing:
25 industrials, average
dolls, per share.
25 railroads, average
dolls, per share.
Stock sales (N. Y.StockExchange).thous. of shares.
Bond sales:
Miscellaneous
thous. of dolls.
Liberty-Victory
thous. of dolls.
Total
thous. of dolls.
Bond prices:
Highest-grade rails
per ct. of par.
Second-grade rails
per ct. of par.
Public utility
per ct. of par.
Industrial
per ct. of par.
Combined price index
per ct. of par.
Municipal bond yield
percent.




78.80
54.18
15,332
183,320
214,625
397,945

78.59
65.80
57.18
55.69
62.13
4.50

82.07
54.36
17,622

155

144

136

141

70

64

129
65

129

1913

64

65

66

172,201 - 23.4

1913

320

344

185

186

221

0.3
255 + 14.9

1,062,753 1,388,237 -j- 30.6
2,824,880 2,077,554 - 26.5
547,151 3,887,623 3,465,791 - 10.9

158
87
103

199

168

166

171

87

92

178

106

109

257
91
129

265
93 +
132 +

79
77
63
79
75
112

S3
83
75
77
79
115

23,829

224,733

188,880

141,612

1919

219,342

405,539

1919

408,222
81.62
67.59
59.12
54.22
64.10
4.3S

+ 41
.

1913
53.02

7L35
57.82
49.88
55.73
57.72
5.06

1919
1915
1915
1915
1915
1915
1913

72
83
79
114

3.0
2.2
2.6
3.9

83
75
73

87

2.7

77

3.4

79

2.6

78
112

81

•+ 3.2

101

!-

3.0

30
TREND OF BUSINESS
NUMERICAL

Nov.,
1921

GOLD AND SILVER.
Gold:
Imports
thous. of dolls.
Exports
thous. of dolls.
Silver:
Imports
thous. of dolls.
Exports
thous. of dolls.
Price at New York
.dolls, per fine oz.
Price at London
pence per standard oz.
U . S. F O R E I G N

Dec.,
1921

Corresponding
month,
1920,
Nov. or
Dec.

MOVEMENTS—Continued.
DATA.

I N D E X NUMBERS.

Percentage
increase;

CUMULATIVE
TOTAL THROUGH
LATEST MONTH.

1920

1921

(+)

or decrease
(-)
cumulative
1921
from
1920

1920

Percentage increase

1921

BASE
TEAR
OR
PERIOD.

or decrease
&
Nov. Dec. Sept. Oct. Nov. Dec. &
from
Nov.

51,937
607

31,685
1,950

44,660
17,058

417,068
322,207

+ 67.8
23,631 - 9Z7

1913
1913

1,072
260

5,912
4,804
.682
38.750

5,516
7,145
.658
35.64S

4,626
6,081
.648
41.845

88,059
113,617

63,317 - 2 8 . 1
51,577 - 54.6

1913
1913
1913
1913

168
160
130
185

70,254
13,930
5,914

67,433
11,896
5,666
4,688
19,335

1,228,046
165,679
89,001
75,290
512,420

764,942
141,884
80,278
62,290
238,796

•
•
•
•

37.7
14*4
9.8
17.3
53.4

1913
1913
1913
1913
1913

841 1,253
31
223

99

155
116
108
152

153
95
111
145

251
91
119
150

198
92
114
141

114
101
49
115
118

94
103
37
102
85

88
117
44
118
81

93
92
50
150
85

97
120
39
122
97

3.5
-17.6
+ 24.7
- 3.8
+ 12.5

597
25 +221.3
185
137
110
129

+
-

6.7
48.7
3.5
8.0

TRADE.

I m p o r t s by G r a n d Divisions.
Europe:
Total
France
Germany
Italy
United Kingdom...
North America:
Total
Canada
South America:
Total
Argentina
Asia and Oceania:
Total
Japan
Africa, total

dolls.
dolls.
dolls.
dolls.
dolls.

21,888

72,733
11,484
7,372
5,393
24,626

thous. of dolls.
thous. of dolls.

56,317
28,768

51,747
26,709

89,148
59,507

1,734,116
581,636

754,726
335,441

• 56.5
- 42.3

1913
1913

313
532

274
502

143
204

165
248

173
243

159 - 8.1
226 - 7.2

thous. of dolls.
thous. of dolls.

26,717
4,803

27,106
4,307

35,939
9,454

761,377
207,818

295,624
59,927

• 61.2
71.2

1913
1913

243
380

218
444

103
132

107
141

162
225

164 + 1.5
203 - 10.3

thous. of dolls.
thous. of dolls.
thous. of dolls.

53,345
22,519
4,315

78,969
40,242
6,819

70,135
11,939
3,457

1,477,662
414,876
149,583

653,360
251,268
40,374

• 55.8
- 39.4
73.0

1913
1913
1913

358
189
152

266
145
175

194
275
62

179
207
143

202
273
218

300 + 4S.0
488 H + 78.7
58.0
345

210,948 237,373

266,113

52.5

1913

215

178

120

126

141

159 U 12.8

153,088 155,062
19,262 17,249
24,326 21,786
13,249 15,001
60,640

388,587 4,468,214 2,363,916 - 47.1
38,012
675,347
224,942 - 6 6 . 7
58,439
311,427
372,326 + 19.6
31,945
371,769
215,462 - 4 2 . 0
138,851 1,825,589
947,109 - 48.1

1913
1913
1913
1913
1913

2S6
460
120
412
254

311
296
199
487
282

143
168
125
150
121

157
202
90
283
173

123
150
83
202
123

124
134
74
229
140

161,709 1,929,702 1,129,636 - 41.5
61,700
952,603
593,675 - 37.7

1013
1913

339
206

323
184

174
167

154
133

143
123

124 - 13.2
104 - 14.8

thous.
thous.
thous.
thous.
thous.

Grand total

of
of
of
of
of

thous. of dolls.

5,281,083 2,509,025 -

Exports by G r a n d 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

thous. of
thous. of
thous. of
thous. of
thous. of

dolls.
dolls.
dolls.
dolls.
dolls.

thous. of dolls.
thous. of dolls.

71,646
41,195

62,207
35,109

thous. of dolls.
thous. of dolls.

13,320
5,100

16,201
7,235

67,295
23,207

623,941
213,727

273,321 - 56.2
110,833 - 48.1

1913
1913

535
56$

551
506

114
113

125
116

109
111

133 + 21.«
41.9
158

thous. of dolls.
thous. of dolls.
..thous. of dolls.

51,256
26,126
4,866

58,804
30,718
4,031

86,670 1,043,473
18,353
377,963
16,592
165,678

645,378 - 38.2
235,435 - 37.7
72,870 - 56.0

1913
1913
1913

398
173
639

500
352

253
374
110

293
483
173

296
502
202

340
590 4- 17.0
167 - 17.3

294,176 296,306

720,853 8,230,998

1913

327

343

157 I 166

1a
4

143 4- 0.7

139
171
128
111

133 | j 162 118 113 +

144
132
121
149

136 - 5.6
1 7 -11.1
1
133 + 9.9
138 - 7.3

thous. of dolls.

TKADE AND I N D U S T R Y O F
COUNTRIES.

4,485,223 -

45.5

FOREIGN

United K i n g d o m .
Imports (values):
Total
thous. of £ sterling.
Food,drink, and tobacco.thous. of £ sterling.
Raw materials
thous. of £ sterling.
Manufactured articles
thous. of £ sterling.
Exports (values):
Total
thous. of £ sterling.
Food,drink, and tobacco.thous. of £ sterling.,
Raw materials
thous. of £ sterling..
Manufactured articles
thous. of £ sterling..




4- 1.3
-10.5
- 10.4
13.2
4- 13.9

I

i

89,259
41,246
29,946
17,913

85,312
39,063
27,792
18,291

142,785 1,943,862 1,088,020
771,494
59,378
568,581
711,500
48,613
271,175
454,824
34,553
245,096

44.0
26.3
61.9
46.1

1913
1913
1913
1913

225
254
198
223

223
246
207
214 !

in

132
184
91
116

62,894
3,586
7,046
51,094

59,375
3,187
7,746
47,368

96,631 1,335,567
3,842
50,894
144,654
12,277
78,819 1,120,832

46.7
26.4
55.9
47.5

1913
1913
1913
1913

273
174
161
302

221 1 140
122
141
120
211
128
230

142
128
126
147

711,787
37,458
63,860
588,581

136
200
87

4.4
5.3
7.2
2.1

31
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL

Corres-

JNOV.,

1921

TRADE AND INDUSTRY OP FOREIGN
COUNTRIES—Continued.
United Kingdom—Continued.
Reexports (values):
Total
...............thous. of £ sterling .
Food,drink,and tobacco.thous. of £ sterling..
Raw materials
thous. of £ sterling..
Manufactured articles
thous. of £ sterling..
Exports of key commodities (quantities):
Cotton piece goods
thous. of sq. yds..
Woolen and worsted tissues.thous. of sq. yds..
Iron and steel
thous. of long tons .
Coal
...thous. of long tons..
Production:
Pig Iron
tons..
Steel ingots
tons..

9,823
2,944
4,818
2,060

Dec.,
1921

ponding
mo nix).
1920,

Nov. or
Dec.

DATA.
CUMULATIVE
TOTAL THROUGH
LATEST •MUWXH.

— 51.9
- 34.4
— 59.3
- 50.0

1913

2,915,258
114,743
1,716
24,662

- 34.4
- 66.9
— 48.5
— 1.1

1920
1920
1913
1913

93
88

67
62

56

22

46
38

2,611,400 - 67.4
3,624,800 — 60.0

1913
1913

47
79

117

1913
1913

524

363,633 330,476
10,978 11,574

248,443
13,697

4,441,657

205

192

2,302

271,800 275,000
442,800 381,000

(+)
or decrease

Nov. Dec. Sept. Oct.

53,240

266,123
3,331
24,932

675,300 8,007,900
745,400 9,056,800

1913
1913
1913

Percentage inrease

1921

1920

107,051
30,245
50,053
26,636

222,405
46,099
122,988

4,309

cumulative
1921
from
1920

BASE
YEAR
OR
PERIOD.

1921

12,699
3,995
4,917
3,787

194

or decrease

19*20

9,204
2,435
4,263
2,501

3,594

I N D E X NUMBERS.

Percentage
increase

139
301
92

tfov. Dec.

(-)
Dec.
from
Nov.

— 6.3

94
204
72
84

114
230
96
88

108
222
90
.84

101
183
80
102

72

96
50
38
56

98
49

89
52

47
59

+
50 +
70 +

9.1
5.4
6.7
19.9

19
67

28

32
69

32
60

+ 1.2
- 14.0

317
458
292

317
475
289

332

436
499

239

230

235

396
411

310
210

307
189

305
224

3S1

338
418

287
340

311
329

309
320

355

346

76
98

75

50
66

54
75

94

91

144
319
93
159

154

80

28
32
56

63

-17.3
—* It *
>

+ 21.4

France.
Imports (values):
Total all commodities
mills, of francs.. 2,334
Foodstuffs
mills, of francs..
564
Raw material
mills, of francs.. 1,446
324
Manufactured articles
mills, of francs..
Exports (values):
Total all commodities
mills, of francs.. 1,749
Foodstuffs
mills, of francs. 157
479
Raw material
mills, of francs..
Manufactured articles
mills, of francs.. 1,113
TRADE AND INDUSTRY OF FOREIGN
COUNTRIES.
The Netherlands.
Total trade (values):
Imports
thous of florins 175,806
Exports..
thous of florins 106,624
Exports of key commodities (quantities):
1,655
Butter.
metric tons
Cheesfi

matHr* tnrt*

Manjarin©

mafrir*tern*

Flower bulbs. -

3,063

4,449

32,427

754

909

7,539

1,856

2,418
1,122

16,417
8,471

2,268
288

19,339
1,951

524
1,453

13,145

453

2,183
260
550
1,373

270,811 3,033,559
156,557 1,544,568
416
2,407

4,139
5^371

metric tons

"
Germany.
Total trade (values):
Imports
Exports

thnnq of drtll«
thoim ofdoll«

4,180

7,136

17,193

43,068
84,660
15,304

23,458
6,205
12,397
4,856

- 27.7
- 17.7
- 24.5
-42.7

21,553
1,933
5,558
14,063

+
+
+

634
602
587
813

11.4
0.9
33.0
7.0

1913
1913

2,060,351 - 32.1
1,272,506 - 17.6

1919
1919

115

127

84

133

133

115

13
44
121

113
40
141

51

— 25.1

1913
1913
1913

+ 40.7

1913

33

20

79
110
495

1913
1913

52

54

48
36

33

19,024
48,815
63,446
21,534

+ 10.6
+ 13.3

636,587

48,179
46,743

1913
1913

493
486
672

1913 •
1913

342

346
334

374
351

450
328

371
395

+
+
+
+

31.2
33.7
28.4
39.8

+
+
+
+

24.8
65.6
14.8
23.4

91

.......

63

44

23
24

- Spain.
Total trade (values):
92

115 035
90,497

100 570

7M20

1,283,003
930,034

1,198,964 — 6.6
770,444 — 17.2

1913
1913

106
101

148
80

88
102

81
92

85,882

1,336,899
1,302,804

799,199 — 40.2
816,694 - 37.2

1913

.176

154

107

1913

473

480

190

6
109
25

279

1913
1913
1913

375

252
532

317

610

289

104

- 64.1

537

54S

594

+ 8.4

73

500
164

1913

312

415

85

134
252

349

1913

178
193

173
166

212

215

182

212

79
49

103

107

S3

101

87

Canada*
Total trade:
Imports
thous of dolls
Exports
thous of dolls
Exports of key commodities (quantities):
Canned salmon
thous. oflbs..
p
aper,printing
thous. oflbs..
Ch
eese
thous. oflbs..
Wheat
thous. of bush
Japan.
Total trade (values):
Sports...
thous. of yen..
Exports
„ .thous. of yen..
South Africa.
Total trade (values):

sports

thous. oflbs..

*ports

thous. oflbs..

E




64,271
87,640

60,050
87,186

150,950

5,079
134,110
16,008
29,254

1,821
145,320
8,371
34,492

130,043
9,467
34,734

153,790
121,284

161,000
146,000

105,145

3,965
6,150

4,416
5,703

9,014

4,436

87,404

5,719

+
+
-

11.2
6.9
23.5
3.2

39,481
1,523,890
97,793
168,036

43,901
1,418,453
126,733
162,702

2,336,175
1,948,394

1,615,623 - 30.8
1,252,771 - 35.7

105,924
83,624

56,122 58,108 -

1913

47.0

1913

30.5

1913

518
115

115

124

107
277

-

6.6
0.5

65 - 47.7
412

+ 17.9

253

265

230

272

+ 4.7
+ 20.4

107

111

124

90

111

103

:+ 11.4
1- 7.3

32

DIAGRAM 23.—COMPARISON OF WHOLESALE PRICES AT PRESENT WITH 1920 AND PREWAR.




INDEX NUMBERS
300
WHEAT
CORN
POTATOES

COTTON
COTTON SEED
WOOL
CATTLE. BEEF
HOGS
LAMBS
WHEAT. SPRING
WHEAT. WINTER
CORN. NO 2
OATS
BARLEY
RYE. NO 2
TOBACCO.BURLEY
COTTON. MIDOLING
WOOL. OHIO. UNWASHED
CATTLE. STEERS
HOGS, HEAVY
SHEEP. EWES
SHEEP. LAMBS
FLOUR. SPRING
FLOUR. WINTER
SUGAR. RAW
SUGAR. GRANULATED
COTTONSEED OIL
COTTON YARN
COTTON PRINT CLOTH
COTTON SHEETING
WORSTED YARN
WOMEN'S DRESS GOODS
SUITINGS
SILK. RAW
HIDES, PACKERSHIDES. CALFSKINS
LEATHER, SOLE
LEATHER. CHROME
BOOTS AND SHOES
COAL. BITUMINOUS
COAL, ANTHRACITE
COKE
PETROLEUM *
PIG IRON, FOUNDRY
PIG IRON. BESSEMER
STEEL BILLETS
COPPER
LEAD
TIN
ZINC
LUMBER. PINE. SOUTHERN
LUMBER, DOUGLAS FIR
BRICK. COMMON. NEW YORK
BRICK. COMMON, CHICAGO
CEMENT
STEEL BEAMS
RUBBER. CRUDE

400

600

33
WHOLESALE PRICE COMPARISONS.
MAXIMUM PRICE COMPARED TO PBICB IN BECENT MONTHS.
NOTE.—Prices to the producer on farm products are from XJ. 8. Department of Agriculture, Bureau of Markets and Crop Estimates. All other prices are from U. S.
Department of Labor, Bureau of Labor Statistics. As far as possible all quotations represent prices to the producer or at the mill. See diagram on opposite page.

COMMODITIES.

Date a n d m a x i m u m
relative price.

October,

1931,
relative
price.

Novem- Decem- Per cent increase (+) or
ber,
ber,
decrease (—)
1921,
1930,
In Decemrelative relative
ber over
price*
price*
November.

(1913 average -100.)
Farm products—Average price to producer:
Wheat
....
Corn
Potatoes
Cotton
Cottonseed.
Wool..,
CattUybeef..
nogs
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, Ohio,£ and § grades, unwashed (Boston)
Cattle, steers, good to choice, com 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)
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 (Philadelphia)
Women's dress goods, storm serge, all-whole, double warp, 50 inches (N. Y.)
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, biucher-Campella (Massachusetts)
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, bessemer( Pittsburgh)
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, pig (spelter), western, early delivery (New York)
Building materials:
Lumber, pine, southern, yellow flooring 1 x 4, " B " and better (Hattiesburg)
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 (Buffington, Ind.)
Steel beams,mill (Pittsburgh)
Rubber, crude:
Rubber, Para island, fine (New York)
8479G°—22




3

June,
July,
June,
July,
May,
July,
May,
July,
Apr.,

1920
1920
1920
1920
1920
1918
1919
1919
1920

326
300
706
312
321
344
183
256
239

May,
May,
Sept.,
June,
Mar.,
Mar.,
Mar.,
Apr.,
Jan.,
Mar.,
July,
Apr.,
Feb.,

1920
1920
1917
1920
1918
1918
1919
1920
1918
1919
1919
1918
1920

354
302
331
296
325
451
352
331
304
218
266
319
263

May,
May,
May,
May,
July,

1920
1917
1920
1920
1919

119
67
207

117
69
186
136
134
93

79

118
70
182
136
132
101
78

89
100

108

92
89
139
208
154
99
104
95
62
109

134
119
77
94
89
126
208
142
107
101
82
59
112

137
119
77
97
88
135
208
143
110
97
81
31
135

328
363
598
526
374

162
164
119
121
122

156
153
117
121
114

150
152
106
117
115

- 3,8
- 0.7

May, 1920
Apr., 1920
May, 1920
Jan., 1920
Oct., 1918
July, 1920
Jan., 1920
Aug., 1919
Aug., 1919
Mar., 1917
Nov., 1919
Mar., 1920

348
478
427
289
292
291
466
283
490
211
473
308

170
186
168
148
147
183
166
80
82
121
195
217

160

- 3.8

121
186
217

154
168
174
161
145
184
209
90
74
121
186
217

Sept.,
Oct.,
Aug.,
Mar.,

1920
1921
1920
1920

323
201
637
375

186
201
134
166

186
201
122
228

175
201
113
241

- 5.9
0.0 *
- 7.4
+ 5.7

July,
July,
July,
Mar.,
June,
May,
June,

1917
1917
1917
1917
1917
1918
1915

346
335
388
230
261
224
386

143
128
113
81
107
61
88

142
128
113
83
107
89

137
128
113
86
107
73
90

-3.5
0.0
0.0
+ 3.6
0.0
+14.1
+ 1.1

Feb., 1920
Jan., 1920
Feb., 1920
Oct., 1920
'Sept., 1920
June, 1917

455
407
381
251
195
331

185
229
174
148
116

206
125
229
175
148
109

189
125
221
181
148
99

- 8.3
0.0
- 3.5
+ 3.5
0.0
- 9.2

Jan., 1913

124

26

27

26

.

14

7

142
95
82
97
93
142
121

75

14
1

14
7
172
148
145
183
197
86

77

64

87

+ 0.9
+ 1.4
- 2.2
0.0
- 1.5
+ 8.6
- 1.3
- 2.2
+ 8.0
+ 2.2
0.0
0.0
+ 3.2
- 1.1
-f 7.1
0.0
4-0.7
+ 2.8
- 4.0
- 1.2
+37.3
+20.5

- 9.4
- 3.3
+ 0.9

- 3.4
+ 1.2
+ 8.8
0.0
+ 0.5
+ 6.1
+ 4.7
- 3.9
0.0
0.0
0.0

-3.7

34

TEXTILES.
Table 1.—INDEX NUMBERS.
Based on data from Government sources*1
[Base year in bold-faced type; numerical data on opposite page.]

YEAR AND MONTH

Consumption.*

Relative
to 1013.
1909-13 monthly average.
1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average.....
1917 monthly average
1918
1919
1920
1921

monthly average
monthly average
monthly average
monthly average

ELASCOTTIC
TON
WEBCLOTH. BING.

COTTON.

WOOL.

U. S.
Commercial Govern- Imports
m e n t [(unmanu- Exports.' I m - 8
quarq u a r - factured).
ports.
terly
terly
stocks. stocks.

On h a n d J
Consumed. 7
IN MILLS

[INWAEE
HOUSES.

Relative
to 1909-13
average.

Relative to 1913.

Relative to 1919.

Produc- Visible
tion
» Exports.]
(crop). supply J

Relative tal913.

Sales.

Relative
to 1919.

100

100

100
171
272
296
277

. 110
119
168
134
146
142
124
135

100

100
39

105
96
81
55

a 100
2 101
166
158
114

100
102
104
126
132

100
97
99
127
141

100
100
177
182
153

299
294
171
211

47
75
71
74

92
144
246
114

133
108
117
93

112
108
131
97

153
206
174
272

332
206
261
428

128
88
109
75

514
610
658
342

123
107
119
118

145
139
138
135

213
201
184
169

154
158
149
141

193
214
237
217

124
106
128
103

106
167
75
114

50
33
29
20

78
143
114

112
115
109
100

127
116
101
84

147
131
117
112

130
115
101
87

243
214
163
127

129
113
83
87

93
69
97
106

31
80
94
108

95
68
111
127

61

68
70
83
94

159
235
290
319

84
115
139
158

147
179
158
120

71
47
25
32

167
339
775
516

83

76
82
91
85

95
100
100

321
312
297
286

157
153
146
145

101
81

52
44

118
138
134
92

50
59
74
83

117
47
74
125

68
73
68

52
48
17
28

91
96
85
97

95
90
83
75

269
245
212
198

65
63

145
134
121

107
131
134
152

78(
87
SO
89

115
72
87
99

72
120
93
88

31
154
253
300

101
103
109
106

76
105
123
130

245
283
299
294

54
50
50
64

129
151
151
14S

168
174
144
108

94
100

124
86
88
87
92
88
103

100
100
146
114
91

2 100
2 93
117
139
172

92
114
128
144

122
154
184
124

100
87
81

1920.
January..,
February..
March
April

179
156
166
165

May....
June....
July....
August.

142
115
92
93

September..
October
November..
December..

95
69

88

46

86

40

83

96

34

93
93
100

1921.
January..
February..
March....,
April
,

74
93
118
132

May....
June
July....
August.

141
145
132
145

September.
October...
November.
December.,

155
168
163.
159

106

34

27

104

18

1922.
January...
February.
March....




See footnotes o n opposite page.

35

TEXTILES.
Table 2.—NtTMEBICAL DATA.
From Government sources*1
[Base year in bold-faced type; index numbers on opposite page.J
WOOL.

YEAR AND MONTH.

ConComs u m p - mercial
tion
in grease quarterly
equiva- stocks.
lent).*

COTTON.

U.S.
Govern- Imports
ment
(unman- Exports.*
quarufacterly
tured).
stocks.

On band.7
Imports.'

1918 monthly av
1919 monthly a v . . .
1920 monthly a v . . .
1921 monthly a v . . .

59,269
57,554
50,446
54,734

• 1920*
January
February
March
April

72,344
63,404
67,387
66,725

May
June
July
August

57,419
46,439
37,438
37,558

September.,
October
November.,
December..

35,484
38,337
27,926
24,316

1921.
January
February
March
,
April

30,072
36,555
47,692
53,440

May
June
July
August

57,164
58,706
53,346
58,660

September
October
November
December

62,811
68,047
66,077
64,237

Consumed.?
IN MILLS.

Thousands of pounds.

1909-13 mo. av..
1913 monthly av
40,522
1914 monthly av
44,692
1915 monthly a v . . . 48,199
1016 monthly a v . . . 68,091
1917 monthly a v . . . 54,190

ELASTIC
COTTON
WKI1CLOTH.', II ING.

IN WAREHOUSES.

Produc- Visible
tion
supply/
(crop).

Thousands of
bales.

Bales.

Exports.

Sales.

Thousands of
yards.

13,033
12,651
21,680
34,393
37,432
35,083

446,214
393,267

169,690
66,951

393,287

77,907

381,955

67,689

371,329

65,331

426,498

56,876

475,123

56,912

443,326

46,559

466,065

30,927

'737,048 320,309
763,775
20,558
696,583
33,798
585,810
32,064
401,570
23,103

482,194
490,394
500,767
606,544
638,184

,341,889
1,305,576
1,326,773
1,704,731
1,890,108

,760,351
1,766,241
3,116,900
3,197,001
2,690,700

16,135
11,192
11,450
11,302

3,070
4,479
3,490
2,798

* 37,062
* 34,572
43,195
51,687
63,719

12,041
11,421
13,440
8,340

2,816
3,492
3,915
4,414

45,348
56,920
68,311
45,969

15,397
13,404
12,425

3,068

37,811
37,158
21,635
26,717

342,696
546,432
513,261
539,602

18,781
29,226
49,999
23,137

640,444
518,653
563,517
450,434

1,500,619
1,454,170
1,762,006
1,305,998

2,689,271
3,632,971
3,056,971
4,783,186

41,950
26,103
33,032
54,086

929,671
640,320
794,460
546,125

104,485
123,880
133,727
69,357

591,921
515,699
575,789
566,914

,952,326
,869,368
,853,996
,811,527

3,758,329
3,530,654
3,240,197
2,978,158

4,722
4,840
4,573
4,315

71,447
79,377
87,716
80,276

19,052
16,327
19,656
15,815

13,388
21,080
49,445
14,448

364,904
241,449
211,841
146,668

15,767
19,635
23,106

541,377
555,155
525,489
483,193

,698,833
,554,274
,358,147
,130,694

2,586,868
2,301,016
2,055,015
1,968,218

11,450
12,519

4,002
3,539
3,110
2,662

90,046
79,402
60,258
47,113

19,801
17,380
12,612
13,327

11,737
8,706
12,251
13,392

228,068
583,725
683,323
788,578

20,004
13,825
22,513
25,890

457,647
401,325
332,712
294,851

907,288
940,480
1,118,418
1,258,837

2,792,152
4,132,967
5,100,978
5,623,538

12,783
12,123
12,123
12,987

2,579
3,519
4,273
4,84$

54,465
66,272
58,588
44,377

10,915
7,161
3,859
4,932

21,169
42,886
98,103
65,336

605,381
493,426
375,180
319,933

24,024
28,055
27,282
18,731

36b,270
395,563
437,933
403,882

1,273,067
1,335,435
1,337,790
1,316,015

5,645,368
5,497,019
5,235,360
5,028,631

4,822
4,707
4,476
4,434

37,487
30,087
33,024
36,772

7,705
9,079
11,443
12,791

14,745
5,952
9,397
15,867

477,389
495,590
527.323
495,130

10,542
9,849
3,452
5,631

439,884
461,656
410,120
467,103

1,279,314
1,204,572
1,115,847
1,002,981

4,739,851
4,306,236
3,724,512
3,480,783

8,203

4,512
4,454
4,108
3,724

39,767
48,395
49.668
56,381

12,040
13,347
12,280
13,660

14,592
9,086
10,946
12,520

522,839
874,510
648,695
639,825

6,362
31,269
51,440
61,006

484,647
494,745
526,610
511,800

1,016,032
1,404,931
1,648,216
1,737,771

4,309,893
4,981,856
5,271,451
5,177,266

7,037
6,537
6,537
8,340

3,944
4,624
4,623
4,544

62,290
64,489
53,422
39,842

14,537
15,369
13,654
13,193

8,433

1922.
January
February
March
1
Except visible supply of cotton from the Commercial and Financial Chronicle and sales of elastic webbing from the Webbing Manufacturers' Exchange. Other sources
are as follows: Wool (consumption and quarterly stocks) and Cotton production from the U. 5 . Department of Agriculture, Bureau of Markets and Crop Estimates; Wool
(imports), Cotton cloth, and Cotton (exports and imports), from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; Cotton (consumed and on
nand), from the U. 8. Department of Commerce, Bureau of the Census.
1
These figures are for fiscal years; those following are for calendar years,
1
Includes duck and other cloth, bleached, unbleached, and colored.
* Figures for 1918,1919,1920, and 1921 compiled from monthly reports on consumption by mills; preceding years compiled from production and net imports.
1
Running bales counting round as half bales; linters are included.
•500-pound bales.
* Figures listed for years 1913 through 1920 represent monthly averages of cotton consumed and on hand at end of month during crop years (beginning Aug. 1 of the
preceding year and ending July 31 of the year to which the figure is credited). Figures are in running bales, counting round as half bales, and do not include linters.
* These figures represent world visible supply of American cotton.




36

TEXTILE MANUFACTURES.
Table 3.—INDEX NUMBERS.
Based on data from commercial and trade sources.*
[Base year in bold-faced type; numerical data on opposite page.]
RAW SILK.

TOTAL KNIT UNDERWEAR.*

YEAR AND MONTH. *

TJnfllled Actual S torace C o n New
Orders
Goods
orders
Shiporders ments. C a n c e l - e n d of p r o d u c - a t end of s u m p - I m p o r t s . received. billed.
lations.
tion^
received.
tion.
month.
month.
Kelative to Feb.,
1920.

Relative to 6 months' average,
July-Dec, 1920.
Av. July-Dec, 1920
Av. Nov., 1920-Apr., 1921.
1913 monthly averago * . . .

100

100

1OO

100

monthlv
monthly
monthly
monthly

averaco
average
.
average....
avcrago

Capacity
In
Goods
opershipped. storage.
ated.

Relative t o 6 m o n t h s ' average,
Nov., 1920-Apr., 1921.

Relative
to 1913.

100
1OO

100

1OO

100

100

100
90
109
120

1915 monthlv averaco
1916 monthlv average....

1918
1919
1920
1921

FINISHED COTTON GOODS.

592

101

61

220

127
142
162
116
133

131
120

i
!

1
*

1920.

April

163
161
163
164

1OO
81
68

100
91
84

170
130
87
78

July
August

65
70
80
79

74
49
36
' 57

88
113
91
94

1

-

62
53

171
15S

S5
137

283
177

165
161
147
135

September
October
November
December.*

40
227
12S
92

134
78
39
21 .

165
167
11
39

52
44
25
19

149
101
47
22

79
77
74
68

55
37
36
31

69
54
46
34

44
50

71
69

56
67

121
12}

56
64

1931.
January
February
March
April

399
297
549
529

31
54
93
68

7
6
17
13

101
95
105
167

35
56
100
99

49
43
25
31

74
55
85
96

25
82
77
170

111
117
135
142

60
97
152
151

89
108
146
134

94
91
84
87

73
113
149
147

469
550
426
707

95
114
102
134

19
17
24
15

164
175
198 '
159

111
131
102
142

32
24
28
'29

90
113
107
109

156
136
171
179

133
148
127
156

159
175
149
168

138
142
134
151

90
99
93
106

151
164
138
158

1,358
S33
536
445

. 145
153
105
115

19
17
52
57

344
357
396
384

169
175
173
146

35
30
30
38

104
89
83
70

161
110
120
204

164
155
131

178
184
170

172
15S
148

114
113
127

167
171
153

May
June
July
August

October
November
December

.

1923.
January
February
March
i E x c e p t imports of r a w silk, from t h e Z7. s. Department of Commerce, Bureau of Foreign and Domestic Commerce. T h e figures for k n i t underwear are secured from
t h e Knit-Goods Manufacturers of A merka; a n d those relating to r a w silk from t h e Silk Association of A merica. Data for finished cotton goods a r e supplied b y t h e Kational
Association of Finishers of Cotton Fabrics a n d are compiled from statistics furnished b y 34 out of 58 members of t h e association, estimated t o cover approximately the
following percentages of t h e entire i n d u s t r y : White goods, 72 per cent; dyed goods, 62 per cent; printed goods, 30 per cent.
a T h e preliminary report from t h e B u r e a u of t h e Census shows t h a t , in 1919, t h e total production of knit underwear in t h e United States a m o u n t e d t o 26,517,000 dozens
compared w i t h 28,032,000 dozens i n 1914. I n terms of monthly averages,-the 1919 o u t p u t was a t t h e r a t e of 2,209,000 dozens, which, b y comparison, indicates that the
normal production of t h e mills reporting above comprises about 40 p e r cent of t h e industry.
»Consumption figures represent withdrawals from warehouses.




37

TEXTILE MANUFACTURES.
Table 4.—NUMERICAL DATA.
From commercial and trade sources.1
[Base year in bold-faced type; numerical data on opposite page.]
K N I T UNDERWEAR.*
Order a n d s h i p m e n t report.

YEAR AND MONTH.

II
•go

ft

3

Av. July . - D e c , 1920... 451,306
Av. Nov., 1920-Apr.,
1921
,
1913 monthly average..
1914 monthly average..
1915 monthly average..
1916 monthly average..
1917 monthly
1918 monthly
1919 monthly
1920 monthly
1921 monthly

average..
average..
average..
average..
average..

Per cent of normal production.

11.2

51.0

5.4

FINISHED COTTON GOODS.

Production
report.

1

&> a

1
a
Dozens.

RAW SILK.

1

1

I
1

r

Per
Dozens. cent of
normal.

Thousands of Thosuands of yards.
pounds.

Bales.

Per
cent.

Cases.

50.0

55.8

05,313

57,188

33,492

36,078

45

2,850
2,566
3,094
3,406

801,753

65.7
60.0

21,315

26,941

3,619
4,000
4,627
3,305
3,780

1920.
January
February
March
April

881,497
950,883

81.7
80.3
81.7
82.2

65,026
52,785
44,457

30,071
27,511
25,336

4,857
3,696
2,485
2,228

May....
June....
July
August.,

529,423
546,172

6.9
5.9

87.1
80.4

4.6
7.4

157.8
98.8

824,556
696,728
793,466
868,124

82.3
80.4
73.5
67.4

42,407
45,830
52,265
51,130

22,325
14,S69
10,836
17,241

2,506
3,221
2,582
2,691

September.
October....
November.
December..

503,579
312,477
401,589
414,595

4.5
25.4
14.3
10.3

68.4
39.6
19.7
10.8

8.9
9.0
.6
2.1

29.0
24.5
14.2
10.6

816,327
780,266
8231,750
891,797

74.3
50.4
23 3
11.1

51,128
49,807
48,357
44,536

16,624
11,152
10,735
9,428

1,969
1,532
1,320
972

28,971
32,882

40,734
39,595

18,163
21,813

43,716
44,200

25
29

1921.
January
February
March
April

562,843
721,068
603,933
634,233

44.7
33.3
61.5
59.3

15.7
27.3
47.3
34.6

.4
.3
.9
.7

56.3
53.0
58.7
93.0

852,007
886,367
839,307
809,970

17.4
28.0
50.2
49.6

31,859
27,928
16,386
20,038

22,176
16,525
25,5S5
28,900

709
2,328
2,202
4,857

72,542
76,202
88,343
92,921

34,316
55,437
86,733
86,311

29,020
34,943
47,457
43,556

34,080
32,788
30,324
31,357

33
51
67
66

May
June
July....
August.,

593,418
646,621
664,063
571,182

52.5
61.6
47.7
79.2

48.6
58.1
52.2
68.2

1.0
.9
1.3
.8

91.5
97.6
110.6
89.0

911,749
854,990
960,157
580,367

.55.4
65.5
51.2
71.1

20,541
15,521
17,866
18,899

27,209
33,846
32,325
32,790

4,435
3,871
4,868
5,115

86,754
82,734
101,741

91,034
99,929
85,324
95,915

44,889
45,996
43,650
49,177

32,642
35,871
35,431
38,413

6S
74
62
71

September.
October....
November.
December..

567,501
645,683
514,789
546,448

152.1
93.3
60.0
49.8

73.7
77.9
53.4
58.7

1.0
.9
2.8
3.1

191.8
199.0
220.8
214.3

678,636
773,776
800,352
673,359

84.4
87.3
86.5
73.0

23,036
19,304
19,601
24,804

31,229
26,816
24,955
20,930

4,598
3,141
3,412
5,824

107,336
100,910
85,279

101,825
105,286
97,132

55,949
51,439
48,207

41,177
40,725
45,675

75
77
69

605,982

66.3

51.3

3.3

123.0

1922.
January
February
March




See footnotes on opposite page.

38

ACTIVE TEXTILE MACHINERY.
Table 5.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA,
Based on data from Government sources.1
COTTON.'

WOOL.*

Y E A E AND MONTH.

Woolen Worsted
spindles. spindles.

Wide
looms.

Narrow
looms.

Carpet
looms.

Active
Wide
Woolen Worsted
spindles. spindles, spindles. l o o m s .

A.—INDEX NUMBERS.
100
104
100
. 122
115

1OO
99
95
116
116

100
105
96
126
121

100
99
104
118
109

100
102
102
105
109

3 77
78
85

118
105
94
90

108
104
105
109

119
105
92
93

118
104
100
93

90
79
100
81

111
111
114
109

91
81
72

January..
February.
March....
A'pril

118

122

116

112

103

115

91

90

121

124

119

112

104

115

93

92

117

119

115

110

106

115

90

88

118

126

118

114

106

114

91

May....
June
July....
August.

116

126

115

112

106

113

89

100

116

99

107

104

114

77

79

91

78

93

100

115

70

84

96

100

114

average.
average.
average.
average.

Carpet
looms.

Active
spindles.
Thousands,

B.—NUMERICAL DATA.

100
101
110
116
121

1918 monthly
1919 monthly
1920 monthly
1921 monthly

Narrow
looms.

Per cent of active to total.

Kelative to 1913.

1913 monthly average.
1914 monthly average.
1915 monthly average.
1916 monthly average.
1917 monthly average.

COTTON.*

WOOL.*

»74
77
74
90
85
80
77
78
81

30,246
30,920
30,720
31,807
32,984

61
54
68
55

33,624
33,429
34,458
33,012

82

78

»68
67
71
80
74

70

82

*74
73
70
86
86

71

34,740
34,656
34,698
34,359

77
70
92

76
73
68

1920.

September..
October
November..
December..

85

80

72

87

83

72

93

85

82

72

86

73

78

71

61

67

58

68

54

62

51

70

68
68

34,070
34,457
$4,667
34,472

64
65
62
60

34,041
33,772
31,700
29,879

54
50
40

31,509
32,459
32,105
32,536

71

84

65

89

94

113

55

62

48

65

74

100

69

89

96

112

57

74

51

65

72

85

91

105

57

65

53

62

48

57

49

55

74

88

62

77

53

66

58

70

79

104

41

49

43

51

53

77

62

70

74

107

41

57

46

51

53

67

57

58

78

64

66

75

1931.
January..
February.
March....
April

69

77

79

59

106

105

86

90

63

108

99

118

100

97

68

108

76

87

74

71

103

May....
June....
July....
August.

91

88

122

108

103

69

108

79

90

80

75

104

September..
October
November..
December..

122

109

103

72

107

80

90

81

75

103

118

108

104

74

109

79

87

80

74

88

112

78

92

78

101

113

78

91

76

32,631
32,665
32,446
33,059
33,898
34,222
34,487
34,489'

72

104

47
49
50

74

101

124

105

101

123

103
104

104

124

101

122

97

118

103

107

114

80

92

77

75

107

109

114

78

90

73

78

73
74

108

109

75

87

70

79

74

1932.
January..
February.
March

95

1 Data from U. S. Department of Commerce, Bureau of Census,
2 The monthly averages are for cotton crop years (beginning Aug. 1 and ending July 31). Figures opposite any one year representthe monthly average number of active
jotton spindles for the period beginning Aug. 1 of the preceding year.
3 Data for 1913 collected by the National Association of Wool Manufacturers.
* Reported as of the 1st of the month.




39
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.3
Looms.

YEAR AND MONTH.

WIDE.

NARROW.

WOOL.*

Spinning
spindles.
Sets
of
Combs.
CARPET cards.
WOOL- W O R AND
EN.

RUG.

STED.

Spinning
spindles.

Looms.

WIDE.

Relative to 12-month average, Nov., 1920-Oct., 1921.

NARROW.

Sets
Combs.
of
cards.

CARPET
AND
RUG.

WORSTED.

EN.

Total Activity
per
activity spindle
of
In
spindles place.

Millions Hours.
of hours.

Per cent of active hours to total reported.

A.—INDEX N U M B E R S
12 mo.av.Nov., 1920,
to Oct., 1921
1921 monthly average.

COTTON.

B.—NUMERICAL DATA.

100
108

100
108

1OO
106

100
108

100
109

100
108

100
10S

G1.0
66.-0

55.7
60.3

4G.3
49.0

G2.9
68.2

77.0
S3.9

63.3
68.4

71.7
77.6

1920.
November
December

75
66

94
71

120
116

86
68

80
64

" 84
73

86
65

45.9
40.3

52.3
39.6

55.3
53.8

54.1
42.9

61.6
49 0

53.3
46 1

61.5
46 6

1921.
January
February
March.. .
April..

55
49
90
101

52
60
77
95

92
79
78
77

54
57
79
102

48
64
96
115

50
56
78
104

49
62
87
104

33.3
30.0
54.7
61.7

28.8
33.3
42.9
52.7

42.5
36.5
36.1
35.7

33.9
35.7
49.4
64.2

37.1
49.0
73,8
88.7

31.6
35.5
49 5
65.9

34.8
44.7
62.1
74.3

May
June. *
July
August

120
131
135
130

113
125
132
127

82
95
102
91

119
128
131
126

123
128
125
114

122
129
129
126

121
125
130
120

73.4
80.1
82.5
79.2

63.2
69 9
73.7
70.6

38.0
44.1
47.1
42.1

75.0
80.2
82.1
79.4

94.6
98.6
95.9
87.4

77.1
81.4
81.8
80.0

86.5
89.6
93.4
85.7

7,328

200

September
Ocober. .
November
December

126
122
123
117

124
130
131
133

124
142
151
157

125
126
130
125

118
127
129
122

124
125
129
123

123
129
128
122

76.7
74.2
75.1
71.3

69.0
72.5
73.0
74.3

57.4
65.5
69.9
72.7

78.9
79.0
82.0
78.8

91.2
97.6
99.5
93.8

78.8
79.1
81.7
78.1

88.5
92.2
91.9
87.4

7,379
7,583
7,689
7,726

202
207
210
210

1922.
January

110

130

152

116

128

118

120

671

72 2

70.3

72.9

98.6

74.4

86.2

1

Compiled by U. S. Department of Commerce, Bureau of the Census,

» Reported as of the 1st of the month, but really covers previous month's operations.

COTTON GINNED.
Table 7.—NUMERICAL DATA AND INDEX NUMBERS.
Based on data from Government sources*1
[Base year in bold-faced type.]
PRIOR TO SEPT. 1.

Bales.

1909-1913 five-year average... 608,507
1914....
480,317
1915
463,883
1916....
850,663
1917...
614,787
1918....
1919....
1920
1921....
1

1,038,078
142,625
351,589
1,481,788

PRIOR TO SEPT. 25.

12,260,794
14,443,146
10,636,778
11,039,491
10,434,852

1OO
118
87
90
85

12,933,098
15,905,840
11,068,173
11,363,915
11,248,242

1OO
123
S6
88
87

86
79
91
69

10,773,863
10,008,920
11,554,648
7,884,272

88
82
94
64

11,906,480
11,325,532
13,270,970
8 7,913,971

92
S3
103

9,571,414
8,844,368
10,141,293
7,644,266

7,777,159
6,305,054
7,508,633
6,646,136

3,770,611
1,835,214
2,249,606
2,907,950

100
117
87
93
87

93
75
89
79

127
62
76
98

171
23
58
244

Bales.

Relative to
5-year
average."

11,155,272
13,073,386
9,703,612
10,352,031
9,713,529

8,406,865
9,826,912
7,378,886
8,623,893
7,185,178

3,962,149
3,393,752
2,903,829
4,081,989
2,511,658

TOTAL GINNED.

Bales.

100
117
88
103
85

1OO
115
93
138
85

1OO
79
76
140
101

PRIOR TO JAN. 1.

Relative to
5-year
average.*

Bales.

Bales.

Bales.

PRIOR TO DEC. l.

Relative to
5-year
average.*

Relative to
5-year
average*

Relative to
5-year
average.3

Relative to
5-year
average.*

PRIOR TO NOV. 1.

Data from U. S. Department of Commerce, Bureau of the Census.
As the cumulative ginning is the important factor, relatives here shown are based on the average cumulative ginnings prior to the respective dates instead of on a simple
monthly average.
3
Amount ginned prior to January 16,1922. The total amount ginned to the same date last year was 12,014,742 bales.
1




40

TEXTILE WHOLESALE PRICES.
Table 8.—INDEX NUMBEES.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]

COTTON
YARN.

COTTON.

YEAB AND MONTH.

Price to
producer.

Carded,
Middling
white,
upland, northern,
mule spun,
New
York. 22/1 cones,
Boston*

Print
cloth,
37",
Boston.

WORSTED
YARN.

WOOL.

COTTON GOODS.

Sheetings,
4/4 Ware
shoals,
LL,
New York.

Unwashed,
price to
producer.

Ohio 1/4
and 3/8
grades,
unwashed,
Boston.

WOMEN'S
DRESS
GOODS.

2/32's
crossbred
stock,
Philadelphia.

Storm
Wool-dyed,
serge, all
blue,
Japanese,
55/56",
wool,
Kansai
Middledouble
No. 1,
sex,
warp, 50",
New York.
Boston.
New York.

SUITINGS.

SILK,
RAW.

Kelative to 1913.
1913 monthly av..
1914 monthly av..
1915 monthly av..
1916 monthly av..
1917 monthly a v . .

100.0
88.3
74.1
112.5
179.1

100
95
79
113
184

100.0
88.0
81.0
120.0
181.2

100.0
88.1
83.5
121.5
192.2

100.0
91.2
84.0
117.6
192.7

100.0
105.3
134.7
165.2
282.6

100
93
121
144
243

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

1918 monthly av..
1919 monthly av..
1920 monthly a v . .
1921 monthly av.*.

245.8
246.6
267.5
102.5

249
254
265
119

267.5
240.8
283.8
133.3

327.5
287.0
363.8
146.3

317.3
273.5
343.5
143.0

346.1
305.3
228.3
101.1

301
248
203
09

271.5
209.5
234.9
151.7

260.4
234.2
238.3
156.6

261.5
259.5
270.5
189.8

172.3
244.0
227.4
165.8

1920.
January
February...
Maroh
April

299.1
301.6
301.6
310.8

307

327.1
337.5
33?. 9
341.1

431.9
445.8
442.0
478.3

406.7
415.0
416.6
423.0

319.1
314.3
308.3
307.1

258
258
258
251

289.7
289.7
283.3
283.3

252.6
252.6
252.6
252.6

291.3
291.3
291.3
291.3

466.4
386.5
357.1
261.2

May
Juno
July
August.

314.1
310.0
311.6
306.6

323

348.4
336.2
321.9
292.9

462.3
445.8
411.6
338.8

427.0
420.4
380.5
328.0

301.1
231.1
176.6
169.4

243
209
190
182

257.5
257.5
225.3
225.3

252.6
252.6
252.6
252.6

291.3
291.3
269.4
269.4

173.2
177.2
126.6
129.3

September.
October
November.
December..

259.1
212.5
161.4
116.6

235

257.7
196.2
165.4
142.8

289.9
237.7
188.4
170.4

277.7
241.5
218.4
167.9

167.6
164.6
149.1
131.1

175
152
144
114

206.0
193.1
167.4
141.6

225.3
204.4
204.4
204.4

269.4
259.2
233.0
198.1

173.7
164.3
158.9
154.8

1931.
January
February...
March
April

05.8
98.3
85.8
78.3

131

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

114
114
110
110

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

May....
June
July
August.

78.3
81.6
80.0
81.6

101

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

107
103
103
99

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

160.0
170.2
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

99
99
107
110

148.1
148.1
148.0
160.9

157.3
146.5
145.0
145.0

183.5
183.5
184.0
184.0

164.3
165.6
197.0
209.0

September.,
October
November..
December...

105.0
165.0
147.5
135.0

303
324
331

307
321
281

177
148
121

109
92
95

94
97

109
160
154
142
143

1922.
January
February
March

,

138.6

,




Seo footnotes on opposite page.

41

TEXTILE WHOLESALE PRICES.
Table 9.—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
YARN.

COTTON
GOODS.

WORSTED
YARN.

WOOL.

Carded,
white,
Sheetings,
Ohio
UnMiddling Northern,
Print
4/4 Ware
Price to upland,
washed, 1/4 and 3/8
mule
cloth, 27",
shoals,
grades
producer New York.
price to unwashed,
spun,
Boston.
LL,
22/1 cones,
New York. producer.
Boston.
Boston.
Per pound.

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

av
SO.12O
av....
.106
av....
.089
av....
.135
av....
.215

1918 monthly
1919 monthly
1920 monthly
1921 monthly

av....
av....
av....
av...

1920.
January
February
March
April....
May
June
July....
August..
September.
October....
November.
December..

Per yard.

S0.1280

S0.24S0

.1210

.2180

.1020

.1980

.1450

.2970

.2350

-.4490

.295
.296
.321
.123

.3388

.7025

.1520

.3307

.359

.3928

.362

.3878

.8354

.362

.4140

.8387

.373

.4238

.SMI

.377

.4134

.8624

.372

.3930

.8320

.374

.4100

.7966

.368

.3595

.7249

.3180

.6620

.3250

.5960

.311

.3006

.6377

.255

.2261

.4856

.194

.1898

.4093

.140

.1545

.3534

.115

.1670

.3355

.118

.1390

.3213

.103

.1180

.2826

.094

.1210

.2778

May
June
July
August.,

.094

.1290

.2855

.098

.1200

.2888

.096

.1240

.2787

.098

.1390

.3027

September.
October....
November.
December..

.126

.2040

.3959

.198

.1970

.4212

.i77

.1820

.3966

.162

.1834

.3817

1921.
January
February
March
April

1932.
January...
February.
March

$0.0350
.0300
.0290
.0420
.0660

2/32's
crossbred
stock,
Philadelphia*

Per pound.

WOMEN'S
DRESS
GOODS.

1.1400

.0872

.578
.510
.381
.169

.1490
.1538
.1525
.1650

.2497

.533

1.2360

.2548

,525

1.2360

.2558

.515

1.2360

2.200

1.421

.2597

.513

1.2000

2.200

1,421

.1595
.1538
.1420
.1169

.2622

.503

1.1630

2.000

.2581

.386

1.0000

2.000

.2336

.295

.9091

.2014

.283

.8727

.1705

.280

.8364

.1483

.275

.7273

.1341

.249

.6909

1.300

1.150

.1031

.219

.5455

1.100

.0578
.0528
.0450
.0428

.0953

.196

.5455

1.150

.0926

.198

.5455

1.150

.0871

.189

.5273

1.200

.0763

.179

.5273

1.200

.0428
.0428
.0429
.0472

.0736

.160

.5091

1.250

.0711

.154

.4909

1.200

.0711

.155

.4909

1.150

.0722

.154

.4727

1.150

.0581
.0640
.0600
.0578

.0931

.155

.4727

1.150

.1030

.158

.4727

1.150

.1050

.156

.5091

1.150

.1065

.169

.5273

1.250

.1130
.0990
.1255
.0512

.1000
.0820
.0650
.0588

.0520
.0720
.1180
.1950
.1680
.2109

1.1890
.9712
.4667

Per pound.

Per yard.

* $0.4710
J.4400
*.571O
«.6800
1.1640

.0560

SILK,
RAW.

Storm
serge, all Wool-dyed, Japanese,
blue,
wool,
Kansai,
55/511",
double
No. 1,
Middlesex, New York,
warp 5 0 " ,
New York. Boston.

S0.167
.176
.225
.276
.472

$0.0610

SUITINGS.

$0,563
.500
.557
.762
1.0S8

$1,545
1.459
1.564
1.974
3.158

S3.G10
3.691
3.318
4.867
5.494

1.465
1.318
1.340

4.040
4.009
4.179
2.933

6.273
8.8S0
8.273
6.035

2.250

1.421
1.421

4.500
4.500
4.500
4.500

16.975

2.250

1.421

4.500

1.421

4.500

1.750

1.421

4.1G2

1.750

1.421

4.162

6.305
6.450
4.607
4.704

1.600

1.267

1.500

1.150
1.150

4.162
4.005
3.600
3.060

6.321
5.978
5.782
5.635

1.047
.885
.885
.885

3.060
3.060
3.060
3.060

5.782
5.733
5.880
5.782

.885
.885
.885
.885

2.925
2.925
2.925
2.835

5.635
5.733
5.733
5.390

.885
.824
.815
.815

2.835
2.835
2.835
2.835

5.978
6.027
7.154
7.595

SO.777
.640
.788

1.050
1.556
2.109
. ' 1.627
1.825
1.179

14.065
12.998
9.506

.163

1
Prices of cotton and wool to the producer on the 1st and 15th of each month, respectively, are from the U. S. Department of Agriculture, Bureau of Markets and
Crop Estimates. All other prices are averages of weekly quotations compiled by the XI. S. Department of Labor, Bureau of Labor Statistics.
'Based on price of washed wool.




42

METALS AND METAL PRODUCTS.
Table 10.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]

WHOLESALE PRICES.

EXPORTS AND IMPORTS.
IRON
ORE
MOVEMENT.*
YEAR AND
MONTH.

IRON AND
STEEL.*

COPPER.

TIN.

ZINC.

PIG IRON.

STEEL
BIL- COPPER. LEAD.
LETS.

Ingots,
Imports - Foundry t
electroOre,
Exports— ImportsAt Sault
Bars,
them
(Pitts(Pittsblocks, No.2 Nor- Bessemer Bessemer lytic
Ste.Marle Exports. Imports. Pigs, In- blocks,
(New
burgh). burgh).
pigs, and (Pittsgots, etc
Canals.
etc.
York).
burgh).
dust.

TIN.

ZINC.

Pig,
desilverized
(New
York).

Pig
(New
York).

Spelter,
Western
(New
York).

Relative to 1913.
1913 mo.
1914 mo.
1915 mo.
1916 mo.
1917 mo.

av.
aV.
av.
av.
av.

100
65
94
132
12S

1918 mo. av.
1919 mo. av.
1920 mo. av.,
1921 mo. a v .

126
98
118
53

100
87
93
132
259

100
87
92
139
255

100
78
87
170
271

100
85
110
175
187

100
88
104
155
207

100
78
84
96
132

100
90
247
241
159

215
189
281
157

214
182
260
148

183
157
218
134

157
122
114
80

169
131
184
105

190
146
112
67

142
127
139
90

80
136
143
193

256
268
267
277

236
250
253
255

186
214
233
233

123
121
118
122

198
200
210
204

142
134
138
139

166
158
153
148

111

285
290
290
312

257
262
275
287

233

237

121
121
121
121

195
193
196
204

124
109
109
105

139
136
141
142

320
303
261
236

295
287
241
216

228
213
193
169

119
107
93
87

186
166
143
109

99
91
82
76

134
129
116
103

169
164
149
145

82
82
78
79

113
106
92
97

79
73
64
68

101
92
89
90

1OO
107
76
78
113

100
87
97
147
135

100

83
52
73
73

124
78
110
47

114
79

80

53
101
133
38

146
135
196
173

1930.
January . . .
February..
March
April

100
90
89
98
102

172
122
125
112

71
82
125
91

92
146
125
103

100
56
.

128

220
235
194
160

IO
S

70 1
273 j
687
336

103

1

43 ''

May....
June
July....
August .

125
163
173
165

183
172
183'
189

110
153
123
220

118
82
67
65

95
117
184
117

September.
October . . .
November.
December ..

164

179
193
190
218

120
150
192
57

35
33
55
59

100
71
100
62

103

239
172
101
71

64
14
17
19

78
87
55
59

27
B5
32
26

26
107
197
175

211
187
173
167

184
164
157

51
124
83
82

62
47
38
33

47
34
40
37

46
71
67
59

21
43
37
54

(*)
3
0
1

158
149
138
137"

153
144
133
128

144
144
125
115

82
82
SO
75

113
103
100
100

72
65
62
59

92
85
82
80

68

41
47
55
59

50
52
41
41

85
74
103
87

61
46
72

0
0
1

143
143
142
137

128
128
128
123

113
113
113
113

76
81
S3
£6

105
107
107
107

60
61
65
73

81
88
89
90

162
104

1021.
January . . . .
February..,
March
April
May . . . .
June....
July....
August.
September.,
October
November..
December...

60
9
0

212

54

58

43
76
26

7

1932.
January
February..,
March




See footnotes on opposite page.

233
242

43

METALS AND METAL PRODUCTS.
Table 11.—NUMEKICAL DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page,]
IMPORTS AND EXPORTS.
IRON
ORE
MOVEMENT.

IRON AND
STEEL.3

COPPER.

At Sault
Ste. Marie
Canals*

Exports. Imports.

Exports
rigs,
ingots,
etc.

Short tons.

YEAR AND
MONTH.

WHOLESALE PRICES.

I

Long tons.

TIN.

ZINC.

PIG IRON.

STEEL
IHLLETS.

COPPER.

LEAH.

TIN.

ZINC.

Ingots,
PI*,
Imports Imports— Foundry
Ore,
No. 2 Bessemer Bessemer electro- desilBars,
blocks, northern (Pittslytic
(Pittsverized
blocks, pig and
(Pittsburgh).
(New
burgh).
(New
etc.
burgh).
dust*
York).
York.)

Pig
(New
York).

Spelter,
western
(New
York).

Per long ton.

Thousands of pounds.

Per pound.

1913 mo. a v . . .
1914 mo. a v . . .
1915 mo. a v . . .
1916 mo. a v . . .
1917 mb. av.*.

5,345,484
3,490,418
5,023,734
7,050,234
6,819,343

388,801
129,123
293,207
503,971
536,980

26,556
24,027
23,533
25,906
26,974

70,461
75,245
53,567
55,260
79,818

9.560
. 8,351
9,273
14,085
12,908

3,631
2,552
9,905
24,961
12,189

$16.00
13.90
14.87
21.07
41.39

S17.13
14.89
15.78
23.89
43.61

S25.79
20.08
22.44
43.95

1918 mo. a v . . .
1919 mo. a v . . .
1920 mo. av
1921 mo. av...,

6,727,922
5,213,644
6,308,944
2,837,557

444,835
366,663
412,030
183,980

14,052
26,837
36,626
10,088

58,726
36,653
51,771
51,293

11,876
7,475
10,503
4,517

4,143
2,855
3,753
1,578

34.46
30.31
44.90
25.17

36.66
31.13
44.46
25.35

47.27
40.54
56.26
34.46

.247
.191
.180
.126

.074
.058
.081
.046

45,796
32,279
33,266
29,681

49,684

8,773

2,906
4,946

87,972

11,980

5,358

64,395

10,345

7,011

43.65

48.00
55.25
60.00
60.00

.193
.191
.186
.192

.087

13,926

40.90
42.90
42.80
44.40

40.40

57,595

162,630

333,514
308,846
449,171
395,583

May....
June—
July....
August.

6,705,884
8,725,046
9,243,769
8,809,461

419,064
392,780
419,230
431,519

29,125
40,549
32,742
58,335

82,792

9,102

57,986

11,232

46,869

17,584

45,859

11,196

4,046
7,683
1,975
2,098

45.65
46.40
46.40
49.91

44.03
44.80
47.15
49.11

60.00
60.00
62.50
61.00

.191
.190
.190
.190

September
October
November
December

8,747,732
8,684,487
5,563,925
137,564

408,605
451,972
434,290
499,780

31,825
39,797
50,995
15,120

24,455

9,597

3,754

23,302

6,741

1,571

38,619

9,551

2,753

41,728

5,894

937

51.21
48.46
41.76
37.71

50.46
49.21
41.26
36.96

58.75
55.00
49.70
43.50

17,104
3,672
4,505
4,935

54,855

95,328

546,402
394,638
230,253
162,793

2,584
5,270
3,028
2,484

6,357

33.84
29.96
27.66
26.71

33.96
31,46
28.16
26.96

2,022
4,133
3,566
5,201

6
275
None
26

25.36
23.84
22.09
21.86

5,796
4,352
6,886
8,8S0

None
None
30
263

22.96
22.96
22.66
21.96

1920.
January....
February...
March
April

1921.
January
February...
March
April

62,480
38,720
41,495

May....,
June
July
August.

2,747,361
6,640,152
4,356,760
4,384,949

142,553
107,152
86,939
75,646

12,570
9,044
10,633
9,706

32,259

September
October
November
December

3,610,454
3,209,886
493,122
None

94,838
106,584
125,516
134,447

13,178

60,170

13,910

52,486

10,997

72,786

10,798

61,518

50,172
47,324
41,249

947
3,879
7,144

42.90
43.40

50.157 S0.014 SO. 110 S0.058
.353
.134
.039
.053
.376
.173
.046
.144
.433
.275
.068
.140
.294
.594
.091
.093
.852
.655
.503
.299

.083
.074
.081
.052

.636

.097

.603

.092

.092

.621

.039

.090

.623
.556

.051

.085

.490

.080

.086

.491

.082

.090

.472

.083

.187
.168
.146
.137

.082

.444

.079

.073

.406

.075

.063

.368

.068

.048

.339

.060

43.50
42.25
38.40
37.50

.129
.129
.122
.125

.050

.355

.059

.047

.326

.054

.041

.288

.052

.043

.304

.052

26.16
24.71
22.84
21.96

37.00
37.00
32.25
29.60

.128
.128
.125
.117

.050

.322

.054

.045

.290

.049

.044

.278

.048

.044

.266

.047

21.96
21.96
21.96
21.96

29.00
29.00
29.00
29.00

.120
.127
.130
.136

.046

.268
.276

.048

.047
.047

.2S9

.052

.047

.326

.053

.051

1932.
January
February....
March
ore movement from U. S. War Department, Engineer Corps; Exports and imports from U. 8. Department of Commerce, Bureau of Foreign and Domestic
Commerce; Wholesale prices from XT. 8. Department of Labor, Bureau of Labor Statistics, representing average of weekly prices.
3
No allowance made for seasonal variation in computing these index numbers.
1 Base
<* on pig iron and rolled products, as used by the Iron Trade Review.
4
Index number less than 1.




IRON AND STEEL.
Table 12.—INDEX NUMBERS.
Based on data from commercial and trade sources.1
[Base year in bold-faced type; numerical data on opposite page.]
PRODUCTION.
YEAR AND MONTH.

Tig Iron.

Steel
Ingots.2

U. S. STEEL
CORPORATION.
Unfilled
orders.

BRITISH IRON AND
STEEL.

WHOLESALE PRICES.

Composite Iron and Composite
Earnings. Composite finished
pig iron.*
steel.3
steel.c
steel.&

Pig iron
production.

Steel Ingot
production.

Relative to 1913.

259

100
88
92
132
259

100

161
252

100
87
94
154
266

92

100
102
112
120
128

136
105
129

220
193
211
152

213
188
222
152

215
191
249
155

222
194
284
156

8S
72
78
25

125
103
118
47

157
161
167
175

118
113
137
107

195
208
220
219 .

190
210
225
231

226
249
249
256

258
277
279
2S3

78
75
82
78

118
125
132
124

136
140
132
141

185
1S6
188
1S3

133
138144
135

216
213
215
221

230
227
234
239

261
259
261
262

288
291
296
307

122
129
115
106

141
142
124
110

176
167
153
138

141
147
131
106

221
213
203
191

239
230
215
187

262
261
242
203

318
305
271
235

87
62
47
80

139
85
79
117

January..
February.
March
April

94
76
62
47

104
82
74
57

128
117
106
99

126
S9
68
64

189
180
171
170

184
176
166
165

197
185
172
167

212
194
177
167

75
54
45
7

77
76
56
11

May....
June....
July....
August.

48
42
34
37

60
47
38
54

93
87
82
77

68
60
45.
57

170
165
153
144

166
159
148
141

165
159
145
137

159
150
140
132

2
1
1
11

September.,
October
November..
December..

38
48 .
55
64

55
76
77
67

77
73
72
72

63
72
SI
40

138
134
133
130

136
134
128
127

134
135
132
129

136
137
136
132

19
28
32
32

100
52
95
243
215

100
88
95
163

144

100
70
88
165
181

54

142
111
135
06

146
101
170
90

January..
February.
March
April
,

118
116
132
107

140
135
155
124

May....
June
July....
August.

116
119
120
123

September..
Octbber
November..
December..

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average..
average..
average..
average..
average..

1918 monthly
1919 monthly
1920 monthly
1921 monthly

average.
average,
average.
average.

100

100

75
97
127
124

75

125
100
118

103
137

100
86
92

87
86
88

1920.

85

' 132
132
124
111

1921.

1922.
January..
February.
March....,




See footnotes o n opposite page.

60

45

IRON AND STEEL.
Table 13.—NXJMEEICAI DATA.
From commercial and trade sources.1
[Base year in bold-faced type; index numbers on opposite page.]
PRODUCTION.

YEAR AND MONTH.

Pig iron.

Steel
Ingots.2

U. S. STEEL
CORPORATION.
Unfilled
orders.

Earn• ings.
Thousands
of dollars.

Tons.
1913
1914
1915
1916
1917

monthly average..
monthly average..
monthly average.
monthly average .
monthly average..

2,560,343
1,920,813
2,471,881
3,253,280
3,182,165

2,533,344
1,901,649
2,607,018
3,450,160
3,634,933

5,906,862
4,115,337
5,189,209
9,719,014
10,715,712

Si M 3 2
5,972

1918
1919
1920
1921

monthly average..
monthly average..
monthly average.
monthly average..

3,208,837
2,548,573
3,032,843
1,378,097

3,587,585
2,807,900
3,406,783
1,665,369

January..,
February..
March
April

3,015,181
2,978,879
3,375,907
2,739,797

May....
June
July....
August.
September..
October
November..
December..

IJRITISH IRON
AND STEEL.

WHOLESALE PRICES.
Composite
steels

Composite
finished
steel."

Per pound.

Iron
and
steel.'

Composite
Iron.*

Per ton.

PIff Iron
production.

Steel
Ingot
production.

Tons.

10,866
27,798
24,608

80.0172
.0152
.0163
.0280
.0446

S0.1G6
.0143
.0153
.0267
.0419

S26.32
22.92
21.76
40.50
70.10

S15.42
13.52
14.15
20.31
39.99

;855,1GG
743,C66
732,750
754,000
785,000

038,000
652,926
712,501
766,371
817,006

8,634,912
5,995,020
10,022,532
5,330,507

15,595
11,966
14,724
7,726

.0379
.0332
.0363
.0261

.0354
.0312
.0368
.0253

56.67
50.37
65.60
40.74

34.38
29,. 91
43.80
24.05

756,033
612,000
666,725
217,617

799,280
657,833
75-1,633
302,067

3,525,000
3,402,760
3,918,110
3,133,370

9,285,441
9,502,081
9,892,075
10,359,747

13,503
12,881
15,705
12,190

.0335
.0358
.0378
.0377

.0316
.0349
.0374
.0384

59.40
65.63
65.47
67.49

39. &4
42.72
43.05
43.62

605,000
645,000
099,000
671,000

75-1,000
798,000
840,000
704,000

2,965,682
3,043,540
3,067,043
3,147,402

3,424,180
3,540,010.
3,328,760
3,563,450

10,947,466
10,978,817
11,118,468
10,805,038

15,206
15,760
16,437
15,440

.0371
.0367
.0370
.0380

.0381
.0376
.0389
.0397

08.66
68.29
68.69
08.87

44.44
44.80
45.00
47.41

738,000
726,000
750,600
752,400

846,000
Si5,000
789,900
709,200

3,129,323
3,292,597
2,934,908
2,703,855

3,562,410
3,581,920
3,133,810
2,779,530

10,374,804
9,836,852
0,021,481
8,148,122

16,174
16,775
15,003
12,099

.0380
.0367
.0350
.0328

.0396
.0381
.0357
.0311

68.86
68.61
63.75
53.45

48.93
47.07
41.80
36.31

741,000
533,200
403,200
682,500

8S4,7OO
544,300
505,100
746,600

January..
February.
March
April

2,416,292
1,937,257
1,595,522
1,193,041

2,616,610
2,077,760
1,865,760
1,441,750

7,573,104
6,933,867
6,284,765
5,845,224

14,387
10,158
7,741
7,337

.0325
.0310
.0294
.0293

.0306
.0292
.0276
.0274

51.98
48.81
45.37
43.84

32.62
29.95
27.35
25.80

642,100
463,600
386,000
60,300

493,400
483,500
359,100
70,600

May....
June....
July....
August.

1,221,214
1,064,833
864,555
954,193

1,503,380
1,191/690
954,120
1,351,600

5,482,487
5,117,868
4,830,324
4,531,926

7,732
6,824
5,157
6,503

.0293
.0283
.0263
.0248

.0276
.0264
.0246
.0234

43.32
41.87
38.14
35.99

24.47
23.08
21.57
20.29

13,600
800
10,200
94,200

5,700
2.700
117,200
434,100

September..
October
November..
December..

985,529
1,240,162
1,415,481
1,649,086

1,395,178
1,920,202
1,971,498
1,694,884

4,560,672
4,286,829
4,250,542
4,268,414

7,258
8,204
6,440
4,967

.0237
.0230
.0228
.0223

.0225
.0222
.0213
.0211

35.34
35.46
34.71
33.99

20.9921.15
20.92
20.42

158,300
235,500
271,800
275,000

429,300
405,400
442,800
381,030

1920.

1921.

1922.
January..,
February.,
March
1
Figures for Pig-iron production (anthracite and coke, not including charcoal iron) furnished by the Iron age; Steel-ingot production, American Iron and Steel Institute;
Unfilled orders, end of month, and earnings, U. S. Steel Corporation; Compositefinishedsteel prices, Iron Age; Iron and steel prices, Iron Trade Ecview; Composite pig iron
and steel, American Metal Market; Iron and steel production in Great Britain, British Federation of Iron and Steel Manufacturers.
1
Yearlyfiguresrepresent the monthly averages of total production of all companies as compiled annually by the American Iron and Sled Institute. The institute
reports monthly productionfiguresfor 30 companies which, in 1920, produced 84.2 per cent of the total output of the country. In order to make the monthlyfigurescomparable, they have been calculated to a 100 per cent production on the basis of the above percentage.
1
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.
* The composite pig iron price compiled by the A merkan Metal Market is the average price of 10 tons of iron distributed as follows: One ton each of Bessemer valley;
No. 2 foundry valley; No. 2 X foundry at Philadelphia and at Buffalo; No. 2 foundry at Cleveland and at Chicago; two tons each of basic valley and No. 2 Southern foundry
Cincinnati.
• Thefiguresfor composite steel compiled by the A merican Metal Market represent the average price per pound of steel products weighted as follows: 2J pounds bars, li
pounds plates, 1£ pounds shapes, 11 pounds pipe, 1J pounds wire nails, 1 pound galvanized sheets, and £ pound tin plate.
• Composite price offinishedsteel products compiled by the Iron Age includes: Steel bars, beams, tank plates, plain wire, open-hearth rails, black pipe, and black sheets.
Taese products, according to the Iron Age, constitute 88 per cent of the United States output olfinishedsteel.
* Index number less than 1 per cent. Small output in this and preceding months due to the coal strike.




46
FINISHED IRON AND STEEL.
Table 14.—INDEX NUMBERS.
Based on data from commercial and trade sources.1
[Base year in bold-faced type; numerical data on opposite page.]
SHEETS, BLUE,
BLACK,
GALVANIZED.*

YEAR AND
MONTH.

New orders
received.

Production.

BAR
IRON.

B O L T S , N U T S , AND R I V E T S .

Unfilled orders

on hand.

Bolts.'

Bolts.? Nuts and
rivets.3

Bolts.* Nuts and
rivets.3

Shipments.*

Shipments.

Production.

Sales.*

MeltingS.T

Relative to Relative to Jan., 1921. Relative to Relative to
1919.
1913.

Relative to 1920.

Mar'., 1921.

100

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

OHIO
FOUNDRY
IRON.

Shipments.

Stocks.
Nuts and
rivets.*

FABRICATED
STEEL BARRELS STRUCAND D R U M S .
TURAL
STEEL.

100
139
138
120

100
48

100
89

100

1930.
January
February
March
April

120
113
119
99

88
101
97
125

164
149
145
137

155
144
150
150

102
109
118
130

May
June
July
August

94
97
82
104

99
107
98
94

88
111
101
91

102
87
95
106

September
October
November....
December

111
113
99
47

96
99
108
89

95
57
36
27

1021.
January
February
March
April

20
25
38
47

95
94
98
94

May
June
July
August

57
46
27
53

September
October
November
December

60
74
70
55

1OO

1OO

1OO

1OO

143

136

112
107
108
71

103
132

88
95
116
78

102
102
117
87

150
191
168
137

127
129
116
101

124
130
119
98

100
106
103
109

90
85
91
113

123
101
101
81

80
55
45
32

104
79
53
33

113
89
82
33

109
108
96
91

97
96
108
114

87
51
55
53

26
34
37
41

28
28
25
30

24
17
12
7

19
12
10
9

53
54
53
44

63
52
39
33

71
58
39
42

1OO
104
116
158

100
120
120
160

36
29
59
62

100
65

94
101
88
87

30
31
37
45

25
21
27
35

8
4
5
5

8
6
7
7

41
43
31
53

32
31
27
36

38
52
38
45

114
114
123
198

126
117
127
179

57
75
67
66

77
79
67
97

88
83
85
83

57
57
37

32
40
34

6
8
8

5
6
6

49
53
39

33
36
38

47
65
69 .

149
211
166
158

130
197
154
104

96
'109.
112
80

760
105
97
83

80
99

1922.
January
February
March




100

189
1OO
139

See footnotes on opposite page.

47

FINISHED IRON AND STEEL.
Table 15.—NUMEEICAL DATA.
From commercial and trade sources.1
[Base year in bold-faced type; indox numbers on opposite page.]

SHEETS, BLUE,
BLACK,
GALVANIZED.f*

YEAS AND
MONTH.

BOLTS, NUTS, AND RIVETS.

New orders
received.
Production.

Unfilled orders
on h a n d .

Per cent of capacity.

Bolts.*

Nuts and
rivets.8

Bolts.* Nuts and
rivets.'

Shipments* 0

Long
tons.

Percent of average. <

1913 mo. av
1914 mo. av
1915 mo. av
1916 mo. av
1917 mo av

STEEL BARRELS
AND DRUMS.

FABRICATED
STRUCTURAL
STEEL.

OHIO
FOUNDRY
IRON.

Shipments.

Stocks.
Bolts.* Nuts and
rivets.*

1918 mo. av
1919 mo. av
1920 mo. av
1921 mo. av

BAR
IRON.

Shipments.

Production.

Sales.*

Long

Number. Per cent of
capacity.

meltings. <

Per cent

tons. of normal.
^—,

89,500
89 808
12-1,583
123,500
107,083

:::::::::::

•

I

20,761
10,072
15,207

100 134
96 200
96,783
63,1S9

73.74
34.96

47,23
43.06

125.1

1920.
January
....
February
March
April

87.4
82.5
86.8
72.3

41.4
• 47.8
45.9
59.1

205.5
186.8
181.5
170.8

156.3
145.5
151.0
151.0

559.0
599.8
649.5
717.0

290.8
360.0
372.5
477.0

113.0
122.0
150.0
100.8

103.3
103.0
118.0
87.5

134,551
171,123 j
150,392 i
122,248

May
June
July
August

68.5
70.3
59.9
75.8

46.9
50.3
46.3
44.4

109.8
138.5
125.8
113.8

102.8
87.5
96.0
106.8

697.8
710.3
636.8
553.8

448.0
469.3
430.5
354.5

128.5
136.5
133.0
140.5

90.8
86.3 '
91.8
113.8

110,526 I
90,386
90,547 :
72,222

September
October
November
December

80.7
82.4
72.0
34.3

45.3
46.7
50.8
41.9

119.3
70.8
44.8
33.8

80.3
55.0
45.3
32.3

574.3
437.8
292.5
179.8

408.5
321.8
295.5
119.0

141.0
139.5
123.5
117.5

98.5
96.8
109.3
115.0

1931.
January
February
March
April

14.8
18.3
27.9
34.5

45.1
44.5
46.1
44.4

32.8
42.5
45.8
51.8

28.0
28.5
25.3
30.5

134.8
93.3
64.8
41.0

68.0
44.8
37.3
33.3

68.3
69.0
68.0
57.3

63.5
53.0
39.0
33.5

7,800
6,408
4,277
4,611

78,587
81,763
91,248
124,251

12.S
15.3
15.4
20.5

32,058
25,634
52,376
55,864

24.96
16.31

May
June
July..
August

41.8
33.8
19.7
38.8

44.3
47.6
41.7
40.9

37.3
38.8
46.8
56.8

24.8
21.3
27.0
34.8

42.5
19.8
25.5
27.8

28.8
21.0
25.5
25.8

52.3
56.0
40.0
67.8

32.8
31.5
26.8
36.0

4,157
5,755
4,160
4,888

89,610
89,548
96,754
155,521

16.1
15.0
16.2
22.9

50,823
66,003
60,219
59,302

19.34
19.64
16,67
24.14

September
October..
November
December

43.6
53.8
51.2
40.1

41.4
41.5
40.0
39.2

71.8
71.5
46.3

32.3
40.3
34.0

34.0
45.5
45.5

17.8
23.0
20.0

62.8
67.8
50.8

33.3
36.5
38.3

5,207
7,077
7,520

117,112
165,899
130,199
124,006

16.6
25.2
19.7
13.3

85,995
97,789
99,800
71,600

U4.94
26.09
24.20
20.80

100.8

550.7

362.2

123.8

101.1

112,042

17.4

77,727
45,556
49,156
46,9SS

:
i
;
!
i

1923.
January
February
March.
1
Sheets, blue, black, and galvanized, reported by the National Association of Sheet and Tin Plate Manufacturers; Bolts, nuts, and rivets by the Bolt, Nut, and Rivet
Institute; Bar iron by the Eastern Bar Iron Institute; Steel barrels and drums by the Steel Barrel Manufacturers' Association; Fabricated structural steel by the Bridge
Builders and Structural Society; Ohio foundry iron by Ohio State Foundrymen's Association.
"Includes carriage bolts, large and small; machine bolts, large and small; lag screws; stove bolts; wire bolts; semifinished nuts and miscellaneous, reported by number
°f pieces.
* Includes hot and cold pressed nuts; rivets, large and small; track bolts and miscellaneous, reported by weight.
4
These percentages compare the monthly totals reported with the actual reports of the same companies for the years 1918 and 1919.
5
The Bridge Builders and Structural Society state that reports in the earlier years were not as complete as during the last six or seven years. The total tonnages are
probably io to 15 per cent less than they should be. These figures are believed to represent the total business in the United States.
• Represents reports from 19 identical manufacturers for each period.
1
Represents percentage of actual to normal melt of grey iron foundries in Ohio. Prior to September, reports represent the month beginning with the 15th day ot
WM calendar month. September figures are for the period Sept. 15 to 30 only. Subsequent figures are for calendar months.

«F,w««

.




dent sheet manufacturers.

48

NONFERROUS METALS.
Table 16.—INDEX NUMBERS.
Based on data from commercial and trade sources.1
[Base year in bold-faced type; numerical data on opposite page.]
COPPER.

YEAR AND MONTH.

Production.

Stocks.

LEAD.

ZINC.

TIN.

Production.

Stocks.

Receipts
at
St. Louis.

Shipments
from
St. Louis.

Receipts
at
St. Louis.

Shipments
from
St. Louis.

Relative to 1913.
100
92
113
171
137

100
102
141
193
193

100
49
35
43
132

100
99
110
160
276

100
95
107
114
168

100
275
289
268
372

100
106
109
89
131

118
79

17
55
183
127

149
132
138

101
92
99
195

124
114
114
49

212
203
193
• 73

164
131
201
192

138
91
83
56

January..,
February.
March
April

90
87

202
203
154
145

150
152
167
157

99
91
76
80,

,92
136
148
74

121

311
218
227
110

103
112
96
38

May....
June
July....
August.

85
86
81
86

290
194
104
177

157
142
139
132

72
66
71
73

79
132
106
88

177

190
195
196
166

125
117
69
78

September..
October
November..
December..

78
78
79
71

202
173
161
155

127
122
115

106
126
158
175

143
140
114
122

152

196
192
195
220

102
73
54
35

January..,
February..
March
April..'....

67
64
67
35

138
192
188
132

90
62
54
57

187
192
202
200

78
55
52
33

99

133
153
141
163

51
30
57
62

May....
June
July....
August.

19
18
16
17

139
138
136
95

62
67
54
51

211
221
227
213

31
20
24
27

64

243
220
181
256

78
73
51
56

September..
October
November..
December..

18
17
21

95
111
71

50
50
73
76

200
174
165
164

64
. 62
69
72

122

203
182
168
256

52
65
44
49

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average..
average.,
average.,
average.
average..

100
71

1918 monthly
1919 monthly
1920 monthly
1921 monthly

average..
average..
average..
average..

119
116

1920.
155
216
82

169
140
174

101
146
123

1921.

1922.
January..,
February.,
March




See footnotes on opposite page.

60
> 69
62
67
32
40

49

NONFERROUS METALS.
Table 17.—NUMERICAL DATA.
From commercial and trade sources.1
[Base year in bold-faced type; index numbers on opposite page.]
COPPER.

Production.

Stocks.

Thousands of
pounds.

YEAR AND MONTH.

TIN.

Tons.

ZINC.

Production.

Stocks.

LEAD.*

ShipShipReceipts
Receipts
ments
ments
at
at
from
from
St. Louis.* St. Louisa St. Louis. St. Louis,
Thousands of pounds.

1913 monthly average..
1914 monthly average.,
1915 monthly average..
1916 monthly average,
1917 monthly average..

135,303
95,845
115,667
160,654
157,177

1,847
1,700
2,079
3,153
2,535

57,780
53,840
81,586
111,242
111,596

31,313
40,190
28,506
35,196
107,442

27,675
27,360
30,541
44,323
76,461

38,385
26,834
30,490
32,482
47,759

5.47C
15,048
15,838
14,670
20,390

8,752
9,299
9,516
7,810
11,425

1918 monthly avorage.,
1919 monthly average.,
1920 monthly average..
1921 monthly average.

159,044
107,437
112,130

312
1,615
3,371
2,351

86,320
76,500
79,962
35,936

82,482
74,970
80,886
158,788

34,369
31,430
31,644
13,549

60,060
57,666
54,8S1
20,739-

8,995
7,195
11,024
10,490

12,070
7,-975
7,298
4,866

January..,
February.,
March
April

121,904
117,450
120,309
116,079

3,723
3,743
2,848
2,676

86,882
87,842
96,512
90,798

80,622
74,186
62,038
65,020

25,439
37,532
40,874
20,434

34,327
43,910
61,225
23,286

17,038
11,937
12,410
6,033

8,974
9,760
8,375
3,367

May
Juno
July....
August.

114,964
116,108
109,730
116,461

5,356
3,586
1,926
3,266

90,830
82,018
80,388
76,452

58,670
53,708
58,078
59,156

21,954
36,470
29,294
24,239

50,320
47,998
39,806
49,524

10,387
10,665
10,737
9,090

10,931
10,282
6,031
6,787

September..
October
November..
December..

10-1,919
105,232
106,700
95,709

3,731
3,191
2,966
2,856

73,638
70,670
66,636
56,878

85,800
102,460
128,780
142,116

39,574
38,724
31,538
33,660

43,126
28,774
41,446
34,828

10,725
10,535
10,704
12,026

8,90S
6,390
4^739
3,063

January...
February.,
March
April
,

90,587
86,633
91,016
46,947

2,546
3,546
3,476
2,441

51,832
35,538
31,482
33,100

151,906
156,040
164,504
162,8S6

21,539
15,271
14,476
9,163

28,002
17,025
19,564
17,586

7,311
8,392
7,733
8,916

4,445
2,630
4,948
5,402

May....
June
July....
August.

25,311
24,624
22,034
23,248

2,571
2,546
2,521
1,761

36,052
38,886
30,990
29,242

171,624
179,778
184,816
173,098

8,594
5,426
6,613
7,596

18,985
9,087
11,406
18,053

13,303
12,044
9,894
14,011

6,819
6,416
4,428
4,922

September..
October
November..
December..

23,855
23,232
28,341

1,756
2,041
1,316
1,696

28,734
29,034
42,270
44,026

162,270
141,648
134,098
133,216

17,585
17,110
19,198
20,016

25,402
24,302
2-4,862
34,593

11,098
9,955
9,208
14,006

4,553
5,681
3,833
4,318

1930.

1921.

1922.
January...
February.,
March
1
Copper production from Engineering and Mining Journal; Stocks of tin, New York Metal Exchange; Production and stocks of zinc, American
Zinc Institute; Receipts and shipments of zinc and lead at St. Louis, Merchants Exchange of St. Louis.
a
Converted from data in slabs of SO pounds each..
* Converted from data in pigs of 50 pounds each.

84700°—22




1

50

COAL AND POWER.
Table 18.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page]

SHIPMENTS.

YEAR AND MONTH.

Bituminous
coal.

Anthracite
coal.

Beehive
coke.

By-product
coke

Relative to 1913.
1909-13 monthly average..
1913 monthly average
1914 monthly average
1915 monthly average. —..
1916 monthly average

100
99
97
90

115
121
96
116
85

109
108
96
07
95

99

Anthracite
coal.3
Relative to
1921.

Anthracite
coal*

Bituminous
coal.'

Coke.

Relative to 5-year average.

86

62

117

103

72

95

82

58

100

104

61

110

107

61

114

108

61

121

105

64

82
106

91
59

176
204
198
242

17

163
151
136
261
157

143
172
73
94
32

114

95

106

80
82
76
72

Relative to
1919.

68
91
120

106

100
103
121

105
127
144

Public
utility
plants.

100

161
129
129
140
121

105

100

111
103
121

100
88
111
150

71

101

average..
average..
average..
average..
average..

Anthracite
coal.3

ELECTRIC
POWER
PRODUCTION.

EXPORTS.

100
100

100
88
93
105

122

1917 monthly
1918 monthly
1919 monthly
1920 monthly
1921 monthly

STORAGE.

Relative to
Jan., 1919.

PRODUCTION.

100
113
105

1020.
January..,
February.,
March
April
May....
Juno
July....
August.
September..
October
November..
December..

122
105
122
95

146

119
126
124
121

137

121

221

96

219

178

285

229

324

193

374

128

61

63

65

113

365

131

106

63

122

154

417

129

98

59

115

116

325

132

109

M

128

129

244

101

205

121

143

101

115

117

231

107

105

121

290

128

132

5S
76
110
98

119
107
115
110
110
110
112
115

110
. 142
117
106

112

52
37
34
26

109

116
114
115

1921.
January..
February.
March....
April

101

97

77

101

76

97
101

31
21
12

71

May....
June
July....
August.

119

1OO

101

116

344

151

228

108

8

133

134

457

172

302

76

92

6

121

121

567

135

241

87

September..
October....

11

85

94

9

132

124

644

130

154

669

100

110

107

121

114

98

106

70

93

10

134

123

99

15

164

131

90

90

17

167

118

77

November..
December..

88

110

78

17

17ft

103

1922.

January..
February.,
March




See footnotes on opposite page.

584

93

105
100

21
27
26
25

101

24
31
42
32

104

100
101
105

110
112

.117

51
COAL AND POWER.
Table 19.—NUMERICAL DATA.
From Government sources,1
[Base year in bold-faced type; index numfiers on opposite page.}

3IENTS.

Y E A R AND M O N T I I .

Bituminous
coal.

Anthracite
coal.

STORAGE.

Anthracite
coal.'

Anthracite
coal. 3

snip-

PRODUCTION.

Beehive
coke.

By-product
coke.

Thousands of short tons.
1909-13 monthly average..
1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average
1917 monthly
1918 monthly
1919 monthly
1920 monthly
1921 monthly

average.
average.
average.
average..
average..

ELECTRIC
POWER
PRODUCTION.

EXPORTS.

Anthracite
coal.

Bituminous
coal.2

Public
utility
plants.

Coke.

Thousands
of kw.hours.

Thousands of long tons.

288
•39,8G9
35,225
36,885
41,877

7,G27
7,568
7,416
7,29S

3,799
1,945
2,292
2,955

45,983

8,301
8,235
7,341
7,425
7,273

2,764

1,870
2,160
2,095
2,565

73

1,150
1,397
I,5S1

49
67
87

462

104
126
53
68
23

.3,243,403
3,666,998
3,412,552

402

463

4,497
4,624
5,431

34S

1,789
1,663
1,497
2,866
1,722

1,991
1,744
2,021
1,615

5,477
4,734
5,470
4,291

306
272
420
348

1,249
1,169
1,501
2,437

5S
60
55
53

3,855,847
3,480,331
3,745,682
3,577,613

1,709
1,721
1,70-1
1,789

5,332
5,677
5,574
5,448

277
512
659
oofi

2,401

4,109

42
55
SO
71

3,582,710
.3,o6S,563
3,626,682
3,716,876

4,638
8,056
7,441
8,321

1,771
1,755
1,6-12
1,518

2,931
5,474
5,189
5,765

325
444
333
372

4,011
4,5S0
' 3,567
2,683

SO
103
85
77

3,631,746
3,751,320
3,705,507
3,720,537

7,410
7,701*
7,400
7,703

865
575
329

5,354
5,455
5,269
5,446

GIG
879
1,422
1,789

2S9
291
308

2,248
1,257
1,152
1,453

38
27
25
19

3,541,493
3,178,624
3,^394,975
3," 240,013

34,538

7,479
7,786
7,050
7,196

390
232
181
248

1,410
1,285
1,402

5,236
6,032
5,463
5,576

2,119
2,817
3,495
3,971

434
496
388
373

2,500
3,315
2,650
1,695

16
20
19
IS

3,263,766
3,244,093
3,269,709
3,410,701

35,127
43,733
36,020
30,895

7,124
7,580
6,859
5,984

289
416
477
514

1,423
1,734
1,766
1,860

5,520
5,873
5,314
4,636

4,123

2S7
303
329
306

1,212
1,329
1,079
770

IS
22
30
23

3,374,703
3,578,8S6
3,646,308
3,807,354

48,282
38,172
46,361
33,970

2,540
1,587
1,748

4,719

1,098

319
295
347

1,059
935
1,172
1,589

370
370

1920.
January...
February.,
March
April

48,659

37,939

7,588
6,525
7,857
6,225

May....
June
July....
August.

39,753
43,710
45,523
48,389

7,959
8,171
8,261
8,025

40,127
46,792

September..
October....
November..
December..

51,093
52,144
51,457
52,560

3,132
3,557

1921.
January..,
February..
March
April

40,270
30,851
30,328
28,374

May....
June
July....
August.

33,255
33,852
30,394

September.,
October....
November..
December..

3,601

1922.
January..
February.
March....
1
Except anthracite coal shipments and stocks from the A nthracite Bureau of Information, 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. 8. Department of Commerce, Bureau of Foreign and Domestic Commerce. For occasional
Government reports of stocks of coal see page 104.
Does not include bunker coal on vessels engaged in the foreign trade.
Excluding Hudson Coal Company.




52

PETROLEUM.
Table 20.—INDEX LUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]
GASOLINE.

CRUDE PETROLEUM.

YEAE AND MONTH.

Production.

Stocks. 1

Imports.

Consumption.

Total
shipments
from
Mexlco.3 !

Trice,
KansasOklahoina.

Production.

• Domestic
Stocks
Exports.1 consump- end of
tion.
month**
Relative to 1919.

Relative to 1913.
100
86
62
135
190

1913 monthly
1914 monthly
1915 monthly
1910 monthly
1917 monthly

average.,
average..
average..
average.,
average-.

100
109
115
123
137

100
118
139
138
122

100

100

100

97
102
115
169

100
104
122
144

82
127
154
213

1918 monthly
1919 monthly
1920 monthly
1921 monthly

average.
average..
average-,
average-

145
154
181
189

99
105
109
151

212
297
611
703

158
160
200
200

246
337
594

January..
February.
March
April

163
158
173
172

108
107
106
105

429
350
441
434

189
178
187
176

373
356
477
468

310
321
375
375

102
98
111
108

May....
June
July....
August.

176
178
185
189

105
108
108
110

476
577
462
742

199
198
206
223

520
490
569
715

375
375
375
375

September.,
October
November..
December..

183
191
187
188

109
111
114
117

766
952
884

216
221
207
206

802
790
748
816

January..
February.
March
April

185
171
198
193

119
126
131
138

767
829
677

222
178
207
195

May.:..
June
July....
August.

203
195
195
198

147
153
159
160

616
688
542
226

September..
October....
November..
December..

177
172
183
203

163
164
168
175

616
780
876
929

235
244
364
182

72

113

76

90

153

91

100

100
173

100

73

124

100
9S

105
154
142

83
87
89
104

109
119.
133
136

116
126
128
135

224
212
265
190

132
149
152
16S

122
107
87
68

375
375
375
375

138
141
137
141

128
213
130
212

157
134
128
103

61
64

856
765
749
714

364
207
187
187

140
118
127
129

176
171
148
185

103
79
121
116

121
144
151
158

190
197
190
195

650
793
269
259

161
127
107
107

136
130
127
131

130
124
89
156

124
155
160
176

169
159
145
120

191
209
211
219

817
776
814

107
166
228
241

126
134
131

114
154
150
119

153
159
122

109
97
105

123

143

1930.

J921.

1922.
January..
February.
March




See footnotes on opposite page.

53

PETROLEUM.
Table 21.—NUMERICAL

DATA.

From Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
CRUDE

Y E A R AND MONTH.

Production ,e

Stocks.?

PETROLEUM.

Imports.

Consumpj • tion.

GASOLINE.
Total
Price,
shipm e n t s Kansas-;
Oklafrom
Mexico.3 homa.
Per
barrel.

Thousands of barrels.
1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

Production.

average..
average..
average..
average..
average..

20,704
22,147
23,425
25,064
27,943

104,902
123,709
145,914
144,556
128,201

1,484
1,437
1,512
1,714
2,514

21,808
21,774
22,772
26,549
31,478

2,159
1,760
2,743
3,318
4,608

S0.034
.798
.583
1.258
1.775

1918 monthly average..
1919 monthly average..
1920 monthly average..
1921 monthly average..

29,661
31,477
36,950
39,203

103,880
110,026
114,696
158,181

3,144
4,401
9,066
10,428

34,423
34,873
43,668
43,678

5,319
7,280
12,816
15,093

1930.
January..
February..
March
April
,

33,774
32,723
35,831
35,583

112,874
111,981
111,144
110,732

6,372
5,187
6,543
6,443

41,232
38,894
40,671
38,455

8,061
7,688
10,288
10,092

May....
June
July....
August.

36,503
36,946
38,203
39,055

110,653
113,029
113,815
115,099

7,066
8,563
0,853
11,012

43,374
43,108
44,945
48,732

11,226
10,574
12,275'
15,438

September..
October
November..
December..

37,532
39,592
38,961

115,688
116,402
119,994
123,291

11,996
11,362
14,136
13,118

47,186
48,174
45,045
44,967

1921.
January
February
March...:
April

38,271
35,348
40,965
40,039

125>220
132,463
140,719
145,016

13,193
11,384
12,303
10,044

May...
June
July....
August.

42,043
40,405
40,328
40,964

153,814
161,048
167,352
168,190

September..
October....
November..
December..

36,615
35,621
38,780
41,957

171,361
172,607
176,490
183,890

Exports/

Domestic:
stockg
conend of
sumpmonth. 1
tion.

Thousands of gallons.

237,546

34,676

218,420

313,946

2.197
2.279
3.404
1.704

297,526
320,821
400,889

46,926
30,GG7
52,979
43,850

260,265
28G,:t20
354,848

380,202
472,411
464,485

2.900
3.000
3.500
3.500

336,719
322,589
367,138
355,597

30,352
32,181
47,077
43,432

238,205
248,395
256,021
297,001

515,934
562,996
643,553

3.500
3.500
3.500
3.500

381,079
415,159
423,420
444,141

68,556
65,059
81,279
58,300

378,913
427,243
434,869
479,741

577,672
504,056
413,279
323,240

17,311
17,051
16,151
17,609

3.500
3.500
3.500
3.500

453,881
465,788
452,642
46-1,393

39,202
65,335
39,957
65,025

450,889
384,802
366,831
295,262

.288,195
301,284
354,836
462,382

48,375
38,726
45,243
42,527

18,481
16,506
16,173
16,066

3.400
1.938
1.750
1.750

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

9,14?
10,205
8,047
3,352

41,527
42,797
41,533
42,595

14,026
17,122
5,806
5,582

1.500
1.188
1.000
1.000

448,508
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

9,139
11,576
12,994
13,753

41,702
45,204
46,122
47,785

17,634
16,746
17,571
19,397

1.000
1.550
2.125
2.250

416,913
440,956
431,887

35,055
47,116
45,876
36,378

438,0S4
454,992
350,548

515,326
456,270
495,590

1922.
January...
February..
March
1
Except shipments of crude petroleum from Mexico. Crude petroleum production, stocks, imports, and consumption, from U. S. Department of the Interior, Geological
Survey; Wholesale price of crude petroleum, average for the month, from U. S. Department of Labor, Bureau of Labor Statistics; Data on gasoline from 17. S. Department
of the Interior, Bureau of Mines.
2
Figures for earlier years adjusted to represent approximate net stocks to conform With data for current months.
* Mexican petroleum shipments from the three ports, Tampico, Port Lobes, 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 Oil, Paint, and Drug Reporter.
4
Yearly figures for "stocks at end of month" are averages of monthly figures.
6
"Exports of gasoline," as used by the Bureau of Mines, includes the items "gasoline" and "all other naphtha, etc., "as reported by the U. 8. Department of Commerce,
•tess exports to the Philippine Islands,
'* Represents production transported from field of production, does not include oil consumed at locality of production.




54
PAPER AND PRINTING.
Table 22.—INDEX NUMBERS.
Based on data from Government sources.1
[ Base year in bold-faced typo; index numbers on opposite page.]
NEWSPRINT PAPER.

ALL OTHER PAPER.

PRICES OF
NEWSPRINT.

EXPORTS.

PRINTING.

I

YEAR AND MONTH

Production.

Shipments. Stocks,

Production.

Paper
Spot
purchases.s
. Total
Con- Con- marShipNews- printtract
tract
Sales 3
ket, Activity.
doments. Stocks. print.
Canaing
do(value).
Quanpaper. mestic. dian. mestic.
tity. Value.

Relative to 1919.

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

Relative to 1913.

av.
av
av.
av.
av.

1918 monthly av.
1919 monthly av
1920 monthly av
1921 monthly a v

100
141
128
178
217

100
110
89

224
255
106

256
326
164
65

100
137
136

100
106
174

100

95
121

154
186
205
220

121
123
137
119

147
158
184
166

176
184
210

122
125
135
145

231
235
245

133
140
124
125

192
202
187
189

176
184
171
,187

149
156
156
160

145
146
152
158

228
218
213
183

100
109
98

119
117
102
90

180
184
160
141

194
186
180
184

171
13?
70
54

163
159
158
145

175
177
177
151

162
146
131
121

82
75
82
75

75
71
75

113
90
95
92

180
162
162
152

51
17
30
35

61
35
40
47

141
140
128
128

151
146
132
131

118
120
117
120

57
62
75
84

67
76
81
86

77

141
148
132
150

31
20
35
44

41
30
38
49

131
113
113
110

120
111
110
110

80
84
88

92
111
105

82

95
97
85

100
97
125

100
121
86

100
119
84

100
74
112

112
90
112
117

71
117
115
91

130
112
128
126

128
106
131
121

70
80
73
81

106
77
103
85

146
116
188
152

111
112
115

129
131
132
131

132
133
130
130

73
67

146
145
97
123

130
124
98
80

131
120
93
75

65

74

100

135
141

213
118

117
122
123
127

117
125
125
122

203
188
153
153

126
128
140
144

88

88
65
155
92

131
123
221
194

67
71
77
75

101
109
119
120

70
30
35

121
122
118
115
108
103
105

May....
June...
July....
August.

113
114
113
112

110

95
100
92
103

September.
October
November..
December..

106
109
107
109

105
110
109
105

103
94
85
103

1931.
January
February
March
,
April

108
90
94
101

101
84
91
106

135
164
.175
147

May....
June...
July....
August.

76
82
89

72
80
83
$8

130
111
107
113

76
79
69
85

75
75
70

September.
October
November..
December..

S6
89
91
94

83
95
91
93

126
96
97
100

94
110
108
100

97
112
106

76
83
76

70
80

107

1922.
January
February
March




100
100

100
112
112

Relative to 1918.

100
122
135
243
247

1OO
109
89

1920.
January
,
February.....
March
.
April
,

113

Relative
to September,
1920.

Relative to 1919.

See footnotes on opposite page.

238

105

79

77
78
83

125
185

151
146'
139

55

PAPER AND PRINTING.
Table 23.—NUMERICAL

DATA.

From Government sources*1
[Base year in bold-facod type; index numbers on opposite page.]
NEWSPRINT PAPER.
YEAR AND MONTH.

Production.

Shipments.

ALL OTHER PAPER.

Stocks.

Production.

Ship*
ments.

Stocks.

average.
average.
average.
average.

Total
printing
paper.

7,203
10,132
9,194
12,789
15,644

average .
average.
average.
average.
average.

1918 monthly
1919 monthly
1920 monthly
1921 monthly

Newsprint.

Thousands of pounds.

Tons.
1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

EXPORTS.

PRICES OF NEWSPRINT.
Contract, Contract, Spot
domes- Cana- market,
dian. domestic
tic.
Per 100-pound roll.

9,545
11,654
12,899
23,152
23,597

114,543
125,997
102,103

114,880
125,215
102,172

33,929
23,324
29,940

401,320
485,221
344,507

403,94G
481,830
340,084

315,070
158,580
241,455

16,123
18,378
7,663
2,808

24,395
31,160
15,656
6,157

1920.
January...
February.
March
April

129,663
114,235
127,847
1*28,269

128,098
103,214
128,238
134,160

16,934
27,955
27,564
21,673

520,630
450,265
513,496
506,133

518,617
429,122
528,420
488,753

150,961
172,104
157,180
174,560

7,668
5,562
7,387
6,137

May....
June
July....
August.

129,230
130,380
129,853
128,818

128,080
129,213
131,821
126,129

22,823
23,990
22,022
24,711

516,183
526,942
528,665
525,340

534,507
538,869
525,539
526,869

156,236
144,309
147,435
145,906

September.
October....
November.
December..

121,005
124,818
122,993
124,857

121,123
126,815
125,323
120,360

24,593
22,596
20,266
24,763

522,013
497,146
395,151
320,682

527,172
486,509
373,958

1921.
January...
February.
March....
April

123,830
103,040
107,532
115,408

116,176
96,281
104,919
122,091

32,417
39,176
41,789
35,106

296,638
304,926
333,245
306,604

May....
June....
July....
August.

78,868
86,770
94,247
102,277

82,776
91,339
95,357
100,668

31,198
26,629
25,519
27,128

September.
October....
November.
December..

98,898
101,884
104,604
107,877

95,785
109,110
104,492
107,070

30,241
23,015
23,127
23,934

S3.731
5.107
5.054

83.651
4.922
5.142

S4.29O
9.143
5.042

13,946
11,104
17,983
14,478

4.362
4.533
4.577
4; 726

4.267
4.569
4.556
4.463

6.624
7.997
8.797
9.443

10,522
10,407
7,001
8,853

19,332
17,967
14,578
14,580

4.673
4.752
5.211
5.371

4.457
4.550
4.938
5.306

9.906
10.072
10.498
10.212

140,747
151,384
172,577
189,633

6,364
4,703
11,194

12,476
11,762
21,123
18,546

5.531
5.790
5.792
5.969

5.308
5.343
5.541
5.770

9.800
9.362
9.148
7.854

269,747
287,398
311,749
303,493

216,524
234,052
255,548
258,659

4,963
5,066
2,192
2,556

16,369
13,101

6.076
5.921

5,173

5.409

6.385
6.458
6.480
5.507

6.945
6.279
5.623
5.206

305,127
316,887
276,182
340,242

303,895
304,620
284,315
347,386

259,891
262,158
254,025
246,881

3,, 709
1,203
2,131
2,521

5,787
3,355
3,803
4,512

5.248
5.227
4.770
4.762

5.497
5.322
4.S24
4.758

5.056
5.129
5.013
5.160

379,028
440,524
434,272
400,407

393,343
451,448
427,114
396,497

232,566
221,642
225,800
239,710

2,233
1,409
2,513
3,193

3,895
2,881
3,643
4,688

4.8S6
4.188
4.194
4.102

4.388
4.069
4.002
4.018

4.185

6,682

4.070
4.170
3.666

1922.
January...
February.
March.."..
1
Except printing activity, from United Typothetae of A merica and printing purchases and sales from A mcrican Writing Paper Company. Data for paper, except exports,
are furnished by the Federal Trade Commission; exports from the U. S. Department of Commerce, Bureau of foreign and Domestic Commerce.
3
Printing activity based on productive hours reported by plants in 52 cities in 30 states, each department being weighted for tho combined index number.
1
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 in a great boom in 1919, index numbers based on that year would not be true indices; therefore 1918 was taken as a base.




56

WOOD PULP, RUBBER, AND GLASS.
Table 24—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type.]

INDIA RUBBER.

WOOD PULP.
Mechanical.
YEAK.AND MONTH.

Wholesale
price,
Para
Island,
New
York.

Production.

Chemical.

Consump- Stocks
Produc- tion and at end ol Imports
tion.
ship- month.
ments.

ConImports.
sump- Stocks
Produc- tion and at end of Imports.
tion.
shipmonth.
ments.

Relative
to 5-year
average.

Relative to 1919.

GLASS
BOTTLES.

Relative
to 5-year
average.

Relative to 1919.

Relative to 1913.

Relative
to 1919.

1909-1913 monthly average.

100

100

1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average

110
76
132

150
128
138

123
191
233

100
76
69
83

1917 monthly average.
1918 monthly average.
1919 monthly average.
1920 monthly average.
1921 monthly average.

141
93
102
117
97

100
117
79

100
116
79

130
128
141
220
174

350
2S1
462
489
360

80
68
60
41
23

119

119

122

70

226

688

73

102

102

70

184

739

59

116

116

68

211

854

57

116

118

63

141

659

57
54
51
51

100
106
113
107

105

119

121

197

457

50

117

123

125

196

451

48

100

100
109

100
110

100
78
108

76
70
71

87

100
63

100
104

1920.
January...
February.
March
April

92
85
116
135

110
96
113
119

May.....
June
July....
August.

143
115
102
92

121
117
114
112

September.
October
November.
December..

87
104
115
121

104
103
104
104

January...
February.
March
April

117
98
118
132

102
90
97
103

May...
June
July....
August.,

81
66
62
61

74
75
79
85

55
68
90
101

79
84
93
95

164

117

120

48

172

471

44

74

199

121

120

53

304

456

38

110
101
81
78

163

117

118

61
70

105

138

116

117

116

114

84

135

97

94

53
64
72
80

31
27
24
22

102
124
123
106

13

78

74

21
21
22
22

100
87
68
68

22

60
54
48
50

55

292

289

290

212

218

341

208

230

139

279

61

227

1921.

September.
October
November..
December...

95
118

16

74

75

141

35

68

70

100
113
113
106

147

42

73

140

49

68

127

93

64

108

100

75

72
68
67
77

112
111
102
99

82
99
102
92

91
79
SO
87

•101

77

176

78

77

160

94

75

216

101

SO

173

94

1922.
January...
February.
March




See footnotes on opposite page.

69

295

81

270

SO

247
359
286
343

109
164
173
255
221
279
459

358
493
536
607

20
20
20
22
26
27
26

50
70

57
WOOD PULP, RUBBER, AND GLASS.
Table 25.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-faoed type; index numbers on opposite page.]
WOOD PULP.
Mechanical.
YEAR AND MONTH.

Production.

Consumption and
shipments.

INDIA RUBBER.

Chemical.

Stocks
at end of Imports. 3
month.

Production.

Short tons.
1909-1913 monthly average.
1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average
1917 monthly
1918 monthly
1919 monthly
1920 monthly
1921 monthly

average.
average.
average.
average.
average.

Imports.

Wholesale
price,
Para
Island,
New York.

Pounds.

ConsumpStocks
tion and at end of Imports.' i
shipmonth.
ments.

' Per pound.

16,463

25,521

18,105
12,638
21,877

38,091
32,861
35,100

9,056,720
11,922,097
18,456,827
22,507,517

SO.8O7
.616
.557
.669

161,247
188,156
127,744

160,375

53,725
33,720
53,409

33,230
32,728
36,147
56,153
44,457

33,803,190
27,163,276
44,661,702
47,212,178
34,772,775

.648
.549
.483
.333
.182

130,817
131,525
105,668

120,660
132,308
106,214

154,251
120,079
166,880

23,257
15,456
16,855
19,375
16,000

January...
February.
March
April

110,835
102,141
139,667
163,086

133,106
115,794
135,953
143,202

117,033
107,552
109,288
126,693

19,6S8
11,973
9,642
9,416

191,700
164,050
187,476
187,108

195,866
164,241
186,754
189,753

37,484
37,800
36,576
33,822

57,567
46,847
53,868
36,034

06,427,415
71,351,901
82,477,607
63,629,209

.463
.432
.412
.411

May...,
June
July....
August.,

172,341
138,949
123,330
111,205

146,061
140,582
137,230
135,146

152,973
151,340
137,440
113,499

17,227
19,195
26,996
32,805

191,474
198,166
189,004
194,760

194,393
199,698
192,493
192,132

30,903
29,371
25,8S2
2S,510

50,360
50,127
44,040
77,710

44,099,902
43,533,723
45,451,437
44,017,26-1

.404
.3S5
.353
.303

September.
October
November.
December..

104,975
125,518
139,535
146,718

125,651
124,191
125,156
125,621

92,823
94,150
108,529
129,626

26,812
17,212
19,243
22,299

18S,938
222, S74
186,506
155,809

18S,933
188,562
182,379
151,225

28,515
34,312
38,439
43,023

74,614
73,923
55,752
53,007

27,883,748
20,516,090
32,955,016
24,161,761

.253
.217
*.192
,180

140,999
117,884
142,850
159,442

123,661
108,857
116,820
124,161

146,964
155,997
182,027
217,308

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
00.609
60,489
56,984

35,478
15,6S2
17,022
20,848

26,911,753
21,933,165
28,508,995
26,0S7,40S

.173
.168
.180
.178

89,182

185,536
127,4G7

1920.

1921.
January...
February.
March
April

97,963
80,337
75,405
73,666

September.
October....
November.
December..

90,357
95,386
. 103,153

226,089
216,069
196,088
166,501

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

23,890,838
34,621,74S
27,647,874
33,103,804

.179
.164
.164
.165

66,965
82,511
108,186
121,804

May....
June
July....
August..

95,894
100,777
112,228
114,087

137,672
119,406
115,365
123,080

28,958
26,397
35,504
28,498

126,514
151,699
163,101
151,031

131,174
15S,050
162,841
147,380

48,782
42,431
43,172
46.843

6">,206
50,419
71,204
117,068

34,546,411
49,042,303
51,731,181
58,644,821

.174
.210
.215
.211

•

1922.
January...
February.
March
. 1 Except glass bottles, from Xationat Bottle Manufacturers Association, based on reports of identical firms representing approximately 90 per cent of the capacity of theindustry. Data for wood pulp are from the Federal Trade Commission; India-rubber imports from the U. S. Department of Commerce, Bureau of Foreign and Domestic
Commerce; Wholesale average weekly prices of india rubber from the U. S. Department of Labor, Bureau of Labor Statistics.
2
Import figures converted from long to short tons to agree with production and stocks.




58

AUTOMOBILE TIRES.
Table 26.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from commercial and trade sources.1
[Base year in bold-faced type.]

Production.

Stocks.

YEAR AND MONTH.

Shipments,
domestic.

Production.

Stocks.

RAW MATERIAL
CONSUMED.

SOLID TIRES.

KSTNER TUBES.

PNEUMATIC TIRES.

Shipments,
domestic.

Production.

Stocks.

Shipments,
domestic.

Fabrics.

Crude
rubber.

Relative to G months' average, November, 1920-April, 1921.
A.—INDEX NUMBERS.

1920.
November.,
December..
1921.
January....
February...
March
April
May
June
July
August
September.
October
November..
December..

100

100

100

100

100

1OO

1OO

100

100

1OO

100

G7
55

114

64
105

74
51

112
106

67
108

92
70

102

107

93
111

54
49

72
47

77
90
127
180
229
253
281
332
211
211
193

Average Nov.,1920-Apr.,1921
1921 monthly average..

103
100
89
88
86
80
75
76
65
69
76

76
85
128
141
165
209
213
229
162
133
106

74
91
134
176
220
235
301
442
327
284
212

102
99
92
90
87
70
57
67
70
86
95

76
83
120
145
171
236
264
278
194
148
113

91
100
123
124
151
122
151
239
161
199
187

.103
104
97
92
90
82
75
74
55
56

79
81
120
115
110
136
152
183
137
125
94

78
89
134
196
236
241
287
334
227
207
190

73
86
133
189
232
233
261.
337
214
216
194

103

1922.
January...
February.
March
Pounds.

Number.
B.—NUMERICAL DATA.
November-April average.
1921 monthly average.

1920.
November
December
1921.
January
February
March
April
May
June
July
August
September
October
November
December

915,651

5,170,928

1,262,159

1,002,886 5,4SO,354

349,742
506,111

5,880,016
5,503,380

805,023
1,327,153

742,815
508,446

703,430
819,892
1,163,314
1,651,418
2,100,917
2,313,265
2,570,524
3,013,187
1,929,268
1,92S,271
J, 756,555

5,319,605
5,193,018
4,597,103
4,527,445
4,451,668
4,154,456
3,892,037
3,934,5S3
3,340,798
3,545,030
3,908,342

965,417
1,073,756
1,614,651
1,785,951
2,085,882
2,643,850
2,757,5S1
2,894,422
2,047,929
1,675,169
1,342,519

740,824
916,627
1,346,483
1,762,122
2,210,040
2,359,928
3,020,951
4,430,152
3,274,822
2,843,918
2,126,211

3,333,559 9,039,757

1,366,997

23,299

294,013

36,628

6,131,935
5,786,929

920,938
1,481,285

21,355
16,297

293,875
303,473

34,217
40,828

1,801,750
1,649,772

6,563,25S
4,259,746

5,586,163
5,415,464
5,044,861
4,916,772
4,751,880
3,835,098
3,122,815
3,649,319
3,827,830
4,732,016
5,203,568

1,042,617
1,129,881
1,643,690
1,983,571
2,342,567
3,232,673
3,603,248
3,804,060
2,645,75S
2,016,371
1,540,299

21,220
23,355
28,710
28,859
35,156
28,395
35,123
55,694
37,441
46,274
43,537

29,116
29,599
43,926
42,080
40,122
49,867
65,678
66,866
50,276
45,911
34,556

2,598,143
2,952,058
4,474,965
6,524,668
7,363,738
8,044,486
9,565,128
11,131,256
7,580,858
6,9O5,6S1
6,349, SOS

6,625,435
7,823,657
12,075,293
17,191,149
21,050,554
21,207,555
23,719,637
30,634,353
19,476,415
19,602.342
17,60S,993

303,753
304,374
233,800
269,985
264,633
240,336
220,003
216,367,
101,832
163,299
173,451

1922.
January...
February..
March
i Data furnished by the Rubber Association of America. The number of firms has increased from 36 in November, 1920, to a maximum of 64 in August, 1921.
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
Company beginning in September, 1921.




^

59

AUTOMOBILES.
Table 27.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Data from commercial and trade sources*
[Base years in bold-faced type.]

SHIPMENTS'*

• YEAR AND
MONTH.

By Driven By
rail- away.
boat.
road.

Relative to 1920.

PRODUCTION'.*

MOTOR
ACCESSORIES, a

Ac- Total
notes
Passenger Trucks. Total counts o u t sales. past s t a n d cars.
due* ing.
Relative to 1919.

Relative to January,
- 1921.

SHDPMENTS.i

By
railroad.

Driven
away.

Carloads.

By
boat.

28
33
49
90
105

av..
av..
av..
av..

1918 mo. av..
1919 mo* av .
1920 mo. av.. 100
1921 mo. av..
78

56 i

100
31

100
39

72
102
46

64

97

20,922
16,263

39,239
12,031

25,057
25,505
29,326
17,147

317

Total
notes
outstanding.

Accounts
past
due.

Thousands of dollars.

38 458
' 45,307
68,218
124,468
145,066

ion

•114
93

Total
sales.

B.—NUMERICAL DATA.
1 QM
2,115
6,167
7,500
10,680

77,199
138,138
4,693
156,930
1,854
127,916

18,938
26,3 04
26,837
12,090

8
23
28
41

ioo

Passenger T r u c k s .
cars.

MOTOR ACCESSORIES.*

Number of machines.

A.—INDEX NUMBERS.

1914 mo.
1915 mo.
1916 mo.
1917 mo.

PRODUCTION.*

j

29,283
43,719
57,273
64,634

19,840

5,171

4,226

1920.
January
February
March
April

120
122
140
82

146
165

May—J
June
July
August

105
108
110
112

189
155
133
87

178
185
151

21,977
22,516
23,082
23,386

74,286
60,746
52,342
34,060

8,350
8,702
7,095

September...
October
November...
December...

99
82
63
56

62
36
24
16

116
54
14
2

20,804
17,209
13,253
11,802

24,431
14,127
9,497
6,469

5,469
2,519
659
89

1931.
January
February
March
April

31
48
78
96

8
19
25
36

2
2
2
34

100
166
321
427

100
'83
69
66

100
139
116
123

6,485
9,986
16,287
20,187

3,185
7,507
9,939
14,197

. 93
99
75
1,619

6,265
10,409
20,120
26,747

8,100
6,717
5,604
5,352

4,360
6,063
5,070
5,371

May
June
July
August

89
97
93
99

39
48
40
39

51
84
79
77

120
121

41
50

428
363
369
373

56
58
65
54

103
92
85
S
O

18,60S
20,269
19,514
20,758

15,193
18,834
15,533
15,218

2,381
3,947
3,720
3,595

4,515
4,731
5,242
4,349

4,470
4,007
3,690
3,495

September...
October
November...
December...

91
85
68
58

35
33
27
19

03
47
30
3

105
9S
77
51

52
49
38
32

369
352
303
229

54
56
54
52

8-1
79
84
78

"
19,002 " 13,840
12,920
17,717
10,505
14,240
7,500
12,100

2,959
2,214
1,402
134

4,359
4,513
4,352

3,67S
3,464
3,662

75
111

165,575
167,705

10,761
13,076

26,782
22,714
23,096
23,39S

144,669
134,734
100,042

13,645
12,810
10,009

23,142
22,053
18,998

1923.

Februarv

1
Compiled by the Nathnal Automobile Chamber of Commerce. Represents shipments from factories covering almost the entire automobile production of the United
States.
3
Total of membership of the National Automobile Chamber of Commerce and chief outside manufacturers, representing practically complete passenger car production
and slightly less complete truck production. Annual figures represent complete production as compiled by National Automobile Chamber of Commerce.
3
Compiled by the Motor and Accessory Manufacturers' Association and based on the purchase of parts, units, equipments, etc., by automobile passenger and truck
Jnakers from 300 parts and accessory manufacturers, including some tire manufacturers.




60
ILLUMINATING GLASSWARE.1
Table 28.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from trade and commercial sources.
[Base year in bold-faced type.]
ORDERS, PRODUCTION AND SHIPMENTS.
Actual pro- Shipments Net orders. A c t u a l p r o - Shipments
Net orders. ductlon.
duction.
billed.
billed.
YEAR AND MONTH.

Relative to May, 1921.

Per cent of capacity.

A.-INDEX NUMBERS.

B.—NUMERICAL DATA.

1921.
100

May
Juno—
July
August..

82
49
70

92
133
137

September.
October
November.,
December..

48
40

' 62

37.0
30.5
18.0
25.9

71
115
162
161

85
132
159
148

34,0
49.3
50.6
.36.2

100
110

100

31.9
35.1
15.2
14.7

30.S
31.3
28.3
19.1

22.6
36.6
51.7
51.2

26.2
40.7
49.1
45.0

1922.
January...
February.
March

* Based on reports of identicalfirmsof the Illuminating Glassware Guild, estimated to represent from 70 to 75 per cent of the capacity of the industry.

BOOT AND SHOE PRODUCTION.
Table 29.—NUMERICAL DATA.
From Government Sources*1
TOTAL UNITED STATES.
KIND.

1919 monthly
average.

November,
1921.

NEW ENGLAND STATES.

December,
1931.*

1919 monthly
average.

November,
1931.

December^
1921.

Number of pairs.
Men's (high and low cut)
Boys' and youths' (high and low cut)
Women's (high and low cut)
Misses' and children's (high and low cut).:
Infants' (high and low cut)
Athlete and sporting (leather)
All canvas and other textile fabrics.
All other kinds a
Total.,

7,918,113
2,208,619
8,734,375
4,044,850

6,780,253
1,869,934
6,875,14©
3,150,263

7,350,037
1,844,791
7,726,965
2,791,661

4,459,737
867,025
4,606,902
1,308,532

2,993,710
577,265
2,829,767

3,394,332
704,722
3,391,341
999,514

3 1,389,076
48,809
921,364
2,284,291

1,761,281
607,181
210,001

2,338,551

1,815,129
501,181
423,656
1,643,542

3 274,391
6,999
876,933
930,503

363,087
20,750
120,031
985,997

451,711
14,065
228,075
617,868

27,549,497

23,592,610

24,096,965

13,331,027

8,858,905

9, S01,628

1 Data from U. S. Department of Commerce, Bureau of the Census. Reports received from 1,022 manufacturers in November, of which 81 were not in operation, and
1,027 establishments in December, of which 62 were not in operation. Censusfiguresfor 1919 were from 1,450 establishments.
2 Includes slippers for house and evening wear at home, barefoot sandals and play shoes, moccasins, and all others not specified,
s Covers "infants' shoes and slippers."
* Subject to revision.




61

LEATHER PRODUCTSTable 30.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
From commercial and trade sources.1
[Base year in bold-faced type.]

Sole
leather.

Skivers.

YEAR AND MONTII.

1

SALES O F
BELTING.*

MODUCTIONV
Oak a n d
union
harness.a

SALES O F BELTIXG1.3

PRODUCTION. I

Value.

Relative to 1919.

Sole
leather.

Skivers.

Oak a n d
union
harness. 3

Quantity.

Value.

Sides.

Quantity.

Dozens.

Stuffed
sides.

Pounds.

Thousands
of dollars.

B.-NUMERICAL DATA.

A.—INDEX NUMBERS.
106
119
104
108

66
86
SS
99

1918 monthly average

88

'107

*2U

1919 monthly average
1920 monthly average
1921 monthly average

100
82
79

100
88
111

100
102
59

1OO
98

91

85

99
74
82
80

100
107
116
116

91
95
81
70

108
103
84
SS

73
78
70
72

754,274
846,664
739,628
767,423

899
1,171
1,199
1,354

710,214
694,899

1,365
1,662

1,653,073

«16,039

*203,596

1OO
122

1,876,285
1,535,290
1?486,718

15,032
13,274
16,653

95,244

111
96
116
113

133
US
145
74

1,704,269
1,532,115
1,76-1,387
1,589,756

14,837
11,140
12,347
12,014

95,457
101,9S9
110,606
110,830

789,323
684,852
826,682
804,989

1,815
1,005
1,975
1,016

111
106
105
102

129
117
119
108

162
14S
150
136

1,706,003
1,786,466
1,513,844
1,322,594

16,229
15,535
12,563
13,275

105,568
100,718
99,748
97,580

917,024
828,782
843,602
768,279

2,216
2,017
2,043
1,862

92
97
87
66

100
101
77
70

-97
74
49
44

123
95
61
50

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

63
63
72
76

95
93
112
90

44
60
74
73

44
40
43
41

49
44
46
40

1,190,950
1,177,883
1,351,140
1,422,727

14,234
13.9S7
16,867
13,484

42,236
56,971
70,194
69,922

309,474
285,575 i
306,140 :
2SS,5S4 j

83
81

96
98
82
143

60
60
47
51

43
42
46
48

42
39
40
42

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
50,857

308,872 j
300,169
328,514
340,500

572

138
132
117
134

52
59
63
66

44
42
37

38
37
32

1,507,185
1,618,519
1,705,161
lj745,625

20,G83
19,896
17,533
20,149

49,507
55,879
60,002
62,551

311,709
299,867
262,820

525

96,974
56,481

1930.
January
February
March
April

82
94

May.
Juno..
July.
..
August

.. .

September
October
November
December
1921.
January.
February
March...
April...

.

May
June
July....
August
September.
October. . . .
November
December

76
86
80
SG
91

93

1922.
January
February...
March
1

F r o m r e p o r t s b y t h e Tanners7

660
600
626
552

539
5-1S
570

501
439

•

Council; sole l e a t h e r figures i n c l u d e e s t i m a t e s for firms o u t s i d e t h e Tanners7

Council so a s t o r e p r e s e n t t h e t o t a l for t h e c o u n t r y .

Figures

for skivers and harness do not include estimates of outside firms and arc believed to represent S per cent of the total production.
O
2
Data from tho Leather Belting Exchange, and is estimated to represent from 65 to 75 per cent of the industry.
8
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.




62

HIDE AND LEATHER STOCKS.
Table 31.—INDEX NUMBERS.
Based on data from Government sources,1
[Base years in bold-faced typo; numerical data on opposite page.]
PACKER
H I D E S AND
SKINS.

O T H E R H I D E S AND S K I N S .

Green salted.
Y E A S AND MONTH.

SHEEP
AND
LAMB
SKINS.2

S O L E AND B E L T I N G
LEATHER.

UPPER LEATHER.

Dry salted.

Calf
Cattle and kip
Calf
Calf
hides. skins. Cattle
Cattle
hides. and kip hides. and kip
skins.
skins.

Total.

Stocks
end of
month.

Stocks ProducIn proc- tion of
ess of
finished
tanning. leather*

Stocks
end of
month.

Stocks P r o d u c in proc- tion of
ess of finished
tanning. leather.

Relative to 12 months' average—September, 1920, to August, 1921.
Average, 12 months, Sept.,
1920-Aug., 1921...

100

100

100

100

. 100

100

100

1OO

100

100

100

100

100

171
91
101
108

92
109
112
98

69
80
86
94

103
109
100
98

94
109
88
103

80
105
94
83

85
104
97
105

83
84
90
96

109
105
100
98

99
103
91
98

87
92
102
102

99
91
94
89

73
9S
91
90

106
102
97
95

179
136
80
87

101
113
117
109

101
96
93
100

110
105
100
90

83
115
105
84

100
95
99
99

102
101
104
105

96
99
99
101

92
87
105
99

102
102
116
100

89
92
100
104

76
70
102
105

91
85

112
118
104
93

102
104
97
96

107
90
103
101

84
, 121
130
117

101
105
105
106

112
108
108
106

100
98
99
97

104
108
103
111

100
99
100

79

92
SI
71
62

•

98

106
109
115
114

111
130
132
147

72
70
65

61
57
50

96
95
96

* 96
97
100

95
94
98

130
131
117

96
99
102

106
107
106

101
104
103

106
114
122

• 97
99
99

116
116
115

141
146
137

1030.

December
1921.

March... . . ... **
April

......

May
June
July

n

September
October
November
December
1922.
January
February
March




See footnotes on opposite page.

63

HIDE AND LEATHER STOCKS.
Table 32.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-face type; indox numbers on opposite page.J

PACKER HIDES
AND SKINS.

OTHER HIDES AND SKINS.

Green salted.
YEAR AND MONTH.

Cattle
hides.

Calf
and
kip
skins.

Cattle
hides.

Call
and
kip
skins.

SnEEP
AND
LAMB
SKINS.2;

SOLE AND BELTING
LEATHER.

Dry salted.

Cuttle
hides.

Call
and
kip
skins.

Total.

Stocks
Stocks
Stocks In proc- Produc- Stocks in proc- Production of
tion of
end of
end of
ess of
finished
ess of
m o n t h . tanning. finished m o n t h . tanning. leather.
leather.

Thousands of pounds.
Average, 12 months,
Sept.,1920-Aug.,192L 235,915

UPPER LEATHER.

Thousands of square feet.

33,039

130,285

33,314

17,655

5,816

32,865

404,025
215,075
238,143
253,C76

21,107
25,166
25,838
22,570

83,183
96,238
103,835
112,717

34,242
'36,418
33,400
32,766

16,672
19,311
15,455
18,101

4,640
6,130
5,469
4,809

28,089
34,109
31,764
34,433

151,662
154,159
164,597
175,874

121,255
117,12*2
111,213
109,653

23,995
25,0S0
21,999
23,901

365,052
385,114
426,720
420,733

150,579
139,255
142,943
135,707

35,132
47,022
43,788
43,436

1921.
January
Februany
March
April
..,

249,105
239,919
229,516
222,941

41,302
31,346
18,491
20,072

121,091
135,503
140,525
130,634

33,812
31,866
30,911
33,245

19,353
18,468
17,718
15,833

4,828
6,668
6,093
4,908

32,960
31,225
32,427
32,481

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
485,009
419,308

135,515
140,005
152,586
158,224

30,302
33,570
48,955
50,420

May....
June
July....
August.

215,358
199,465
174," 968
186,788

21,112
18,689
16,397
14,378

134,959
141,547
125,444
117,741

33,931
34,617
32,451
32,107

18,951
15,938
18,266
17,788

4,806
7,019
7,576
6,791

33,335
34,388
34,405
34,760

20-1,137
197,206
197,616
193,670

111,662
109,378
110,070
108,439

25,242
26,122
25,028
26,985

420,712
410,553
417,145
411,505

102,49S
166,4G2
174,941
173,848

53,532
62,4-18
63,217
70,418

September.
October....
November..
December..

169,014
165,881
152,985

14,109
13,209
11,541

115,223
114,002
114,909

32,138
32,208
33,216

16,857
16,548
17,369

7,574
7,605
6,805

31,515
32,653
33,410

193,043
19-1,754
193, S41

112,462
116,044
115,422

25,683
27,093
29,544

408,038
413,375
415,304

177,120
177,769
175,566

67,545
69,901
65,966

1920.
September
October....
November..
December..

'
|

182,591 111,641

24,292 418,947

152,719

48,020

1922.
January
February
March
1
Based on figures compiled by the U. S. Department of Commerce, Bureau of the Census. The data embraco returns from packers, tanners, dealers, importers, and manufacturers. As given in t h e monthly reports by the Bureau of the Census, the returns for hides and skins are expressed in numbers of hides and skins. For the abovesummary 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.
1
Includes skins with and without wool, but does not include weight of wool.




HIDES AND LEATHER MOVEMENT.
Table 33.—INDEX NUMBERS.
Based on data from Government sources,
[Baso year in bold-faced type; numerical data on opposite page.]

EXPORTS OF
LEATHER.^

IMPORTS OF HIDES AND SKINS.*

WHOLESALE PRICES.*

Hides.

YEAR AND MONTH.

Sole.

Upper.3

Total
boots
and
shoes.

Total
hides
and
skins.

Calfskins.

Cattle
hides.

Goatskins.

Sheepskins.

Leather.

Green.
salted,
CalfSole,
Chrome Men's
skins, hemlock,
packers'
calf,
vici-calf,
country middle
heavy
"B"
blucher
native
No. 1
No. 1
grades (Boston).
steers (Chicago). (Boston). (Boston).
! (Chicago).

Relative to 1909-1913 average*

Relative to 1913.

Boots
and
shoes.

Relative to 1913.

*100
97
' 108
126
141

•100
94
82
60
77

*1OO
97
134
178
176

«1OO
91
55
81
106

«1OO
107
104
118
160

1OO
107
132
142

1OO
111
114
179

1OO
107
110
138'

1OO
104
106
167

100
102
105
119.

123
70
145
99
C8

11
79
43

161
96
177
120
78

90
63
136
82
64

132
83
134
130
72

178
164
214
170
76

215
197
363
195
79

190
172
187
189
127

215
222
360
366
193

153
181
244
2S8
225

146
206
196
190

160
117
125
137

57
43
50
54

154
145
161

147
107
118
148

196
103
157
158

218
219
198
197

395
351
286
278

199
202
202
202

473
473
473
464

305
308
308

116
59
63
58

223
215
114
124

101
103
107

51
64
41
48

105
114
118
66

123
. 83
95
65

120
153
179
194

192
1S5
160
155

239
162
162
122

202
202,
202
195

436
399
325
325

292292
292

59
45
20
41

60
63
42
55

123
162
138
163

76
77
47
50

26
42
17
20

120
114
53
84

27
16
34
17

79
105
80
39

154
139
126
103

121
93
90
75

181
174
167
145

297
278
232
213

292
255
249
249

January...
February.
March
April

111
34
20
32

40
28
25
35

132
139
134
146

51
50
47
52

24
33
42
51

77
73
GS
61

25
24
16
33

39
49
43
74

91
74
63
55

81

142
135
131
131

195
195
195
195

233
233
233
225

May...,
June
July....
August..

17
29
23
33

18
35
49
36

64
56
74
129

7S
103
SO
89

79
97
66

91
112
105
81

46
113
74
123

115
104
59
107

65
76
76
76

90
82
81

131
128
124
121

195
195
195
195

225
225
225
225

September.,
October
November..
December..

33
80
90
50

43
42
66
60

50
38
36
67

77 j
61 i

82
52
35
57

So
58
62
70

83
97
67
70

61
55
84
76

77
80
86
90

85
82
77
74

121
121
121
121

195
194
186
186

225
217
217
217

1909-1913,inc., mo. a .. v.,
1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average

100
166
259
2S9

1OO
77
101
120

1OO
98
16S
193

140
S6
392
72
46

70
44
192
82
40

147
131
211
167

January...
February.
March
April

75
144
87
85

133
119
122
97

May....
June
July....
August..

-79
44
51
79

September.
October
November..
December..

1917 monthly
1918 monthly
1919 monthly
1920 monthly
1921 monthly

average.
average.
average..
average..
average.,

.

1920.

1921.

59 j
05 i

January..,
February..
March.....




See footnotes on opposite page.

71
66
72

65

HIDES AND LEATHER MOVEMENT.
Table 34.—NUMERICAL DATA.
From Government sources.
[Base year in bold-faced type; index numbers on opposite page]
EXPORTS OF
LEATIIER.1 '

IMPORTS OF HIDES AND SKIKS.i

WHOLESALE PRICES.'

Hides.

Sole.

YEAR AND MONTH.

Upper.3

Total
boots
and
shoes.

Total
bides
and
skins.

ThouThouThousands of sands of sands of
square
pounds.
pairs.
feet.
1909—1913,mo. a v . . . .
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.

2 , COS
4,319
6,751
7,540

8,845
6,834
8,967
10,623

3,657

6,175
3,908
17,023
7,288
3,559

2,229 .
10,222
1,869
1,198

827
1,412
1,G23
1,237
1,100
1,780
1,403

747

Calfskins.

Cattle
hides.

8,109
7,473
6,321
6,G07
8,686

5,280
5,684
5,495
6,257
S,461

SO. 184
.196
.242
.202

80.180
.210
.215
.338

SO. 282
.302
.309
.388

SO. 270
.280
.285
.450

S3.11
3.17
3.25
3.71

52,589
30,158
62,070
42,499
29,003

2,465
758
5,380
2,928
3,995

30,890
18,421
33,940
22,922
15,015

7,409
5,197
11,138
6,684
5,260

6,999
4,372
7,0S6
6,896
3,822

.327
.301
.393
.312
.139

.406
.371
.6S5
.368

.535
.484
.528
.534
.358

.579
.593
.970
.985
.521

4.75
5.63
7.60
8.95
7.00

68,607

3,876

38,694

12,092

10,354

50,100

2,957

29,524

8,800

5,452

53,430

3,420

27,812

9,661

8,288

58,714

3,672

30,809

12,107

8,372

.400
.403
.364
.361

.745
.663
.540
.525

.560
.570
.570
.570

1.275
1.275
1.275
1.250

9.28
9.50
9.60
9.60

20,103

10,091

6,369

6,765
7,751
5,301

8,106
10,285

.354
.341
.294
.285

.450
.305
.306
.229

.570
.570
.570
.550

1.175
1.075
.875
.875

9.60
9.10
9.10
9.10

2,200
1,274
2,810
1,355

4,181
5,536
4,257
2,080

.284
.255
.233
.190

.229
.184
.169
.141

.510
.490
.470
.410

.800
.750
.625
.575

9.10
7.94
7.75
7.75

2,073
2,606
2,276
3,909

.168
.136
.115
.101

.153
.134
.125
.136

.400

.370

.525
.525
.525
.525

7.25
7.25
7.25
7.00

.119
.140
,13ft
.140

.169
.156
.153
.162

.370
.360
.350
.340

.525
.525
.525
.525

7.00

.141
.148
.158
.165

.160
.155
.145
.140

.340

.525
.525
.500
.500

7.00

2,061
1,150
1,334
2,063

10,230
5,233
5,991
5,133

1,879

44,769

3,498

1,809

46,132

4,3S6

21,909

958

45,892

2,822

22,514

1,046

35,128

3,293

12,665

September.
October....
November.
December..

1,542

5,331
5,552
3,696
4,823

1,037
1,361
1,161
1,370

3,508
2,501
2,209
3,108

1,114
1,169
1,125
1,231

1,574
3,137
4,310
3,142

1,168
529
1,079

1921.
January...
February.
March
April

2,903
873
527
822

May
June....
July
August..

455
765
59S
849

September,,
October....
November..
December..

858
2,072
2,347
1,311

3,822
3,682
5,874
5,843

Per
pair.

19,160
18,629
25,671
34,053
33,683

May.....
June
July
August.

8,539

Per
square
foot.

Per pound.

* 6,815
6,372
5,576
4,076
5,221

11,770
10,813

Green,
salted,
Sole
Chrome Men's
packers' Calfskins, hemlock, calf,"B" vlci-calf,
country middlo
heavy
praties lriiichcr
No. 1
native (Chicago), No. 1 (Boston) (Boston).
(Boston).
steers
[Chicago).

42,854
41,490
46,350
53,856
60,526

1,951
3,743
2,264
2,217

1,233
1,734
1,650
1,603

Sheep
skins.

Thousands of pounds.

1920.
January...
February.
March
April

10,538

Goat
skins.

Hoots
and
Shoes.*

Leather.

32,679

1,791

23,062

32,901

2,877

21,792

20,065

1,171

10,160

21,575

1,377

16,021

21,961

1,645

14,699

21,519

2,265

13,947

9,473

20,185

2,881

12,935

22,464

3,503

11,679

2,027
1,989
1,305
2,714

538

33,505

5,383

17,343

3,762

471

44,050

6,589

21,496

9,241

624

34,378

4,501

20,066

6,063

1,088

38,090

5,882

15,475

10,078

6,108
5,522
3,110
5,674

6,772
7,949
5,463
5,757

3,222
2,898
4,440
4,031

417

32,806

5,427

16,327

321

26,243

3,544

11,064

301

25,149

2,411

11,816

560

27,686

3,907

13,337

.380
.370

.340
.340
.340

7.00
7.00
7.00

6.75
6.75
6.75

1922.
January.
February.,
March....
1

Data from XT. S. Department o Commerce, Bureau of Foreign and Domettic Commerce.
Data from 17.5. 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 goat skins and total sheepskins. Calfskins and cattle hides Used on tour-year
ra*e, 1910-1913.
• See p . 60 for production of boots and shoes.
%

84796°—22



5

66

BUILDING STATISTICS—CONTRACTS AWARDED.
Table 35.—INDEX NTTMBEBS.
Based on data from commercial and trade sources.1
[Baso year in bold-faced typo; numerical data on opposite page.]

YBAB AND MONTH.

RESIDENTIAL
BUILDINGS.

INDUSTRIAL
BUILDINGS.

BUSINESS
BUILDINGS.

EDUCATIONAL
BUILDINGS.

HOSPITALS AND
INSTITUTIONS.

NumNumNum-!
ber of Square Value. ber of jSquare Value. ber of Square Value.
projproj- j feet
projfeet.
feet.
ects.
ects. i
ects.

NumNumber of Square Value. ber of
projproj- feet.
ects.
ects.

Relative to 1919.
1915 monthly average.,
1916 monthly average..
1917 monthly average.
1918 monthly average.

a 42
»63
a

71

a 118

21
36
48
94

100
83
23

100
115

94
85
105
104

119
141
107
86

58
52
39
25

46
50
SO
81

May....
June
July....
August.
September.
October
November..
December..

3 94
2 90
3 43

100

100

34

60
103

57
So

143
112
178
105

208
154
225
129

49
40
66
93

97
83
73
78

87
S3
53
55

111
106
85
74

70
60
42

67
70
64
45

65
42
41
31

35
35
43
55

61
50
67
86

31
47
45

82
87
73
87

61
61
66
75

87
75
98
104

94
81
78

1919 monthly average..
1920 monthly average..
1921 monthly average..

78
86
56
50

122
111
72
65

100

100

79

80

77

74
59

January...
February..
March
April

74
71
105
114

79
89
110
117

101
124
151
162

May....
June....
July....
August.

102
94
83
85

103
79
54

73
75
63
47

January..,
February..
March
April

100
81

100

49
57
42
36

100
67

100

100
114

100

177

144
204

100
100
110

100
142
242

100
121

103

102
137

58
47
79
104

66
54
88
128

52
95
111

121
76
155
159

105
82
180
190

55
43
86
96

76
76
177
224

57
72
91
129

80
67
58
60

85
54
43
54

92
63
58
59

141
165
171
163

142
160
131
14S

171
198
199
190

102
124
139
118

223
127
144
129

144
92
251
149

95
63
78
50

60
55
51
44

55
36
27

51
61
45

105
71
48
51

96
93
55
38

128
143
70
73.

116
122
110
86

131
201
113
82

97
1S9
79
105

IS
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

87
191
227

33
71
110

212
25
159
179

146
35
83
137

43
38
35
39

28
28
21
18

48
43
32
25

117
119
92
118

93
90
69

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

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

179

1920.

September..
October
November..
December..
1921.

1922.
January..
February.
March




See footnotes on opposite page.

67

BUILDING STATISTICS—CONTRACTS AWARDED,
Table 36.—NUMERICAL DATA.
From commercial and trade sources.1
[Base year in bold faced type; index numbers on opposite page.]
BUSINESS
BUILDINGS.
YEAR AND MONTH.

1915
1916
1917
1918

monthly
monthly
monthly
monthly

Num- Thou- T h o u ber of sands sands
of
proj- square
of
ects. feet. dollars.

INDUSTRIAL
BUILDINGS.
Num- Thouber of sands
of
proj- square
ects.
feet.

Thousands
of
dollars.

RESIDENTIAL
BUILDINGS.
Num- Thouber of sands
of
proj- square
ects.
feet.

Thousands
of
dollars.

5,308
28,050
2 9,042
M5.075

8,912
15,212
20,668
40,202

19,000
218,167
212,583
2 8,667

636 12,773
511 10,652

3,999 20,137
2,414
11,460
4,118 17,047

70,707
47,177
73,154

27,GG2

274

2,981

26,638

Num- Thou- Thou- Num- Thou- Thouber of sands sands ber of sands sands
of
of
proj- square
proj- square
of
of
ects.
feet. dollars. ects.
feet. dollars.

34,832
40,275
20,548
25,381

42,744
49,080
14,44 i

33,806

HOSPITALS AND
INSTITUTIONS.

[

2

average .
average .
average .
average -

1919 monthly average . . . 1,093 9,240
1920 monthly average - . .
895 6,870
1921 monthly average...
844 5,437

EDUCATIONAL
BUILDINGS.

166 1,915
170 2,190
227 3,382

49

368
523

54

S90

3.2G0
3,962
5,845

9,960
14,358
20,319

49

1920.
January
.February
March
April

805 7,325
776 8,234
1,147 10,182
1,245 10,816

34,117
42,035
50,902
54,722

599
540
665
6G3

18,879
14,352
22,796
13,473

88,991
65,6S0
96,093
55,121

1,942
1,618
2,640
3,711

11,599
9,511
15,945
20,872

47,055
38,307
62,575
90,933

80
86
158
184

2,320
1,447
2,976
3,039

10,440
8,214
17,939
lS,94fi

27
21
42
47

281
281
653
824

1,868
2,341
2,973
4,222

May....
Juno....
July....
August.

1,117
1,022
907
924

7,908
9,499
7.325
5,005

40,201
47,529
36,12S
28,985

617
529
465
493

11,111
10,639
6,768
6,972

47,511
45,275
36,458
31,733

3,21S
2,691
2,334
2,3S4

17,104
10,891
8,607
10,803

65,362
44,330
40,811
41,627

234
274
284
270

2,719
3,061
2,507
2,832

17,047
19,674
19,808
18,972

50
61
68
58

821
466
531
476

4,712
3,011
8,200
4,850

September..
October
November..
December..

799
817
683
510

5,371
4,823
3,611
2,336

26,944
23,804
20,218
14,068

427
443
407
2S9

8,273
5,392
5,264
3,911

40,440
26,932
33,330
21,399

2,410
2,206
2,035
1,777

8,222
11,173
7,264
5,534

36,015
43,433
32,153
23,516

175
118
79
85

1,S34
1,779
1,045
719

12,762
14,258
6,950
7,2S8

57
60
54
42

484
742
417
302

3,166
6,1S6
2,573
3,441

1921.
January
February
March.....
April.... _

506
549
870
880

3,262

250
197
296
288-

2,35,9
1,786
2,3413,497

15,437
9,037
10,640
12,919

1,573
2, OSS
3,833
4,556

6,724
8,319
14,382
17,948

30,732
60,701
75,006

73
81
160
228

1,257
1,625
2,969

5,084

20,528
17,020
22,776
29,176

6,905
8,647
19,031
22,640

31
16
35
54

782
94
5S7
660

4,779
1,146
2,698
4,482

May....,
June
July.....
August.

952
795
954

5,632
5,645
6,070
6,940

24,494
24,494
33,240
35,277

275
244
221
251

3,543
3,5S1
2,041
2,292

20,404
18,502
13,604
10,832

4,683
4,75S
3,C84
4,729

18,804
18,227
13,961
17,949

S2,9S2
75,175
60,452
80,329

287
355
371
35S

4,668
3,731
4,369
4,457

24,462
23,441
28,602
27,959

55
79
73
70

645
1,507
1,582
879

12,762
8,223
4,840

971
1,029
880
847

7,174
7,991
5,158
4,583

41,259
37,405
24,221
22(05C

357
350
290

2,706
3,984
4,197
2,S46

11,283
18,419
17,695
14,553

5,286
5,314
4,6S1
4,236

21,709
21,978
22,666
21,901

95,303
89,650
90,324
100,897

321
202
147
144

4,238
3,228
3,416
3,297

26,459
22,429
18,212
15,046

85
64
46
40

1,987
680
521
760

11,878
5,200
4,506
6,343

September.
October
November..
Deoember..
1922.
January.
February.,
March
1

3,277
4,424

• 30,294

I

I

Data compiled by tho 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.
1
Estimates made by the F. TF. Dodge Co.




68

BUILDING STATISTICS-CONTRACTS AWARDED.
Table 37.—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.

YEAB AND MONTH.

SOCIAL AND
RECREATIONAL
BUILDINGS.

RELIGIOUS AND
MEMORIAL
BUILDINGS.

GRAND TOTALS

NumNumNumNumNumber of Square Value. ber of Value. ber of Square Value. ber of Square Value. ber of Square Value.
feet.
projprojprojfeet.
projprojfeet.
feet.
ects.
ects.
ects.
ects.

FIRE
LOSSES,

Relative to 1919.
1913 monthly average..
1914 monthly average..
1915monthly average..
1916 monthly average..
1917 monthly average.
1918 monthly average.
1919 monthly average..
1920 monthly average..,
1921 monthly average...

33
28
36
53
63

100
198
166

100
82
10S

100
113
91

100
98
117

100
81
115

100
109
130

100
87
126

100
95
173

100
110
161

100
70
95

100
72
70

*65
100
93
91

100
123
124

70
363
86
118

45
51
79
96

79
84
140
153

68
59
100
122

81
61
124
161

43

66
114
112

54

54
16
86

82

87

47
20
90
118

57
51
78
98

91
75
118
110

105
93
141
142

165
119
123
09

86

132
723
146
163

100
102
111
103

134
186
111
145

132
130
131
110

85
94
79
117

137
120
123
134

103
113
131
135

104
108
145
112

146
161
143
138

90
81
75
75

89
80
60
61

115
121
95
94

113
115
112
80

212
183
50
72

100
96
91

246
12S
SO
127

95
86
56
54

104
115
52

102
77
75
73

58
52
62
45

92
116
93
62

100
113
90
53

124
131
74
98

140
161
89
68

65
56
47

56
55
41
30

83
83
60
47

114
126
125

100
137
147

1920.
January...
February.
March
April

66
62
68
85
117
130
123
143

May
June
July
August..

76
108
73

62
436
207

September.
October
November..
December...

79

26

1021.
January...
February.
March
April

57
49
68
100

66
188
117
234

222
203
249

36
40
85
124

58
44
81
115

62
82
112
156

77
103
215

* 61
77
136
280

62
53
74
142

83
83
97
186

72
72
80
196

41
49
87
105

33
36
58
74

52
47
76
103

158
115
127
99

May.....
June
July....
August.

109
130
134
113

158
88
138
87

165
125
160
133

149
173
135
145

155
127
112
107

148
150
136
137

115
136
121
128

143
146
146
122

148
170
191
178

161
261
287
204

144
226
299
198

110
115
94
112

77
77
68
76

113
106
99
103

107
129
149
115

September.,
October
November..
December...

96
96
74
64

291

234
136
79
192

132
124
82
65

85
84
63
67

122
119

157
109
97
79

168
95
96

165
151
105
84

275
209
111
115

249
183
104
103

119
118
100
90

00
87
82
76

115
103
89
92

114
125
117
129

123

69
193

102
78

1922.
January...
February.
March




See footnotes on opposite page.

69

BUILDING STATISTICS—CONTRACTS AWARDED.
Table 38.—NUMERICAL DATA.
From commercial and trade sources*1
[Base year in bold-facod type; index numbers on opposite* page.]
PUBLIC
BUILDINGS.
YEAE AND iTONTII.

PUBLIC W O R K S
AND PUBLIC
UTILITIES.

N u m - Thou- T h o u - N u m ber
sands sands
ber
of
of
of
of
p r o j - square dollars. p r o j ects.
feet.
ects.

Thousands
of
dollars.

SOCIAL AND
RECREATIONAL
BUILDINGS.

RELIGIOUS AND
MEMORIAL
BUILDINGS.

GRAND TOTAL.*

Num- Thou- Thou- Num- Thou- Thou- Number s a n d s sands
ber
sands sands
ber
of
of
of
of
of
of
of
proj- square dollars. p r o j - square dollars. projects.
ects. feet.
feet.
ects.

Thousands
of
square
feet.

av
av
av
av

...
47
45
43

172
236
252

140,770
4 6 , 3 3 3 214,990
211,102
33,383
196,648
32,247

1,119
2,218
1,859

654
534
704

41,834
47,195
38,265

Ill
109
130

1,265
1,030
1,456

6,964
7,594
9,050

91
79
115

444
422
767

3,127
3,446
5,033

6,862
4,821
6,520

.130
186
126
136

782
4,060
967
1,323

295
336
517
626

33,018
35,124
58,412
63,873

76
66
111
135

1,177
832
1,436
1,417

5,609
4,223
8,623
11,198

39
24
49
75

241
71
381
385

1,484
615
2,813
3,695

3,906
3,504
5,367
6,742

41,952
34,914
54,495
50,962

226,116
200,757
302,133
304,974

37,013
26,631
27,598
22,109

107
751
356
148

1,476
8,087
1,637
1,819

654
670
724
674

56,086.
77,895
46,367
60,459

146
144
145
122

1,075
1,191
1,004
1,484

9,561
8,327
8,572
9,363

94
103
119
123

461
481
647
500

4,579
5,040
4,478
4,309

6,193
5,584
5,131
5,129

41,306
36,979
27,745
28,220

246,935
260,111
204,498
202,652

25,440
25,746
25,136
17,931

365
315
87
124

2,751
1,433
895
1,418

620
565
369
356

43,392
47,900
21,848
21,972

113
86
83
81

734
661
785
564

6,394
8,108
6,839
4,310

91
103
82
48

549
584

4,389
5,041
2,774
2,137

4,758
4,449
3,839
3,249

25,832
25,469
18,802
13,926

178,179
177,758
128,966
100,145

25,630
28,331
28,093
41,198

113
324
202
404'

1,079
2,482
2,271
2,781

237
264
558812

24,186
18,547
33,958
48,043

69
91
124
173

495
979
1,368
2,723

4,274
5,328
9,461
19,533

56
48
67
129

367

2,261
2,253
2,487
6,133

2,834
3,361
5,981
7,176

15,359
16,772
26,703
34,471

111,608
100,677
164,092
220,886

35,320
25,889
28,581
22,179

1,846
1,402
1,793
1,490

977
1,130
895
949

64,999
52,967
' 46,902
44,797

164
166
151
J52

1,451
1,710
1,529
1,624

9,975
10,202
10,136
8,502

,135
155
174
162

4,497
7,075
9,356
6,204

7,530
7,919
6,440
7,684

35,731
35,738
31,717
35,246

242,094
227,711
212,491
220,721

23,957
29,001
33,356
25,829

2,620
1,523
• 884
2,143

861
808
538
423

35,414
35,141
26,397
27,833

135
132
113
87

1,990
1,383
1,222
1,002

11,693
6,632
6,713
6,149

150
137
96
76

7,778
5,735
3,246
3,369

8,144
8,096
6,891
6,181

41,702
40,436
37,818
35,272

246,186
222,480
192,311
198,518

25,502
27,955
26,179
28,908

22,416
27,571
27,721

V

1030.
January
February.
March
April.
May. . .
June
July
August

Thousands
of
dollars.

71,475
60,020
78,341
113,082
134,086

1914 monthly av
1915 monthly av

1918 monthly
1919 monthly
1920 monthly
1921 monthly

Thousands
of
dollars.

FIRE
LOSSES.

31
29
32
40
55
61

*.

September
October
November
December
1921.
January
February
March
" .
April

58
67
46
42
32
43

27
23
32 •
47

May....
June
July
August

53

273'
152
238
150

September
October..
November..
December.

45
45
35
30

501
212
119
332

51
61
G3

329
436

368
430
827
715
1,161
1,276
907
1,222
928
491
510

I

1932.
January
February
March
1
Data compiled by the F. IF. 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 building figures covered 25 northeastern states and the District of Columbia.
Restates 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. 67).




70

LUMBER.
Table 39.—INDEX NUMBERS.
Based on data from commercial and trade sources*
[Base year in bold-faced type; numerical data on opposite page]
WESTERN
PINE.2

YELLOW
PINE.I

YEAR AND MONTH. Produc- Stocks. P r o d u c - Shipments.
tion.
tion.

P r o d u c - Shiption.
ments.

Relative to 1917.

Produc- Shiption.
ments.

snipments.

Produc- Shiption.
ments.

Production.

Orders
received.

Relative to 1918.

Relative to 1917.

Relative to 1917.

1OO
108
100

XOO
107
107
109
85

100
112
110
104
92

100
97
118

100
113
124

100
139
106

100
74
72
62
43

100
71
74
45
33

179
149
85

72
53
66
59

115
120
125
127

131
116
. 129
105

S3
101
123
107

153
175
173
127

129
143
127
Hi

60
63
64
80

57
50
52
51

159
166
154
187

130
114
103
132

75
86
93
125

122
122
85
103

119
105
85
102

138
123
115
151

123
97
104
135

104
56
84
134

56
64
72
63

50
54
56
53

163
160
95
42

106
122
78
49

126
159
142
140

#10S

*107
9S
71

93
97
85
77

132
122
139
8-1

104
108
124
61

128
148
72
36 '

62
63
43
44

41
3G
24
16

39
44
57
67

7
10
11
17

24
59
61
72

135
140
138
128

47
57
73
80

56
64
86
98

55
90
116
93

63
60
105
108

29
63
119
106

44
49
62
68

18
15
23
22

96
106
96
92

67
69
69
82

102
143
131
132

95
97
84
113

122
143
139
151

92
91
78
94

111
97
.83
113

122
108
86
129

SI
77
77
119

98
79
47
116

53 .
52
33
35

75
72
56
20

83
96
87
71

112
85
61

115
127
104

122

97
107
105
99

98
113
97
93

113
113
135

.105
117
171

121
155
197

27
23
32
31

100
39
99
100
69

1OO
81
6S
87
88

1920.
January
February
March
April

86
85
96
97

70
70
71
77

36
40
50
81

May
Juno
JulyAUgUSt

94
87
86
87

82
90
94
97

September
October
November
December

85
78
72
62

97
98
97
96

1921.
January
February
March
April

69
79
71
87

95
94
9-1
91

22
20
56
66

May
June
July
August

92
87
87
94

89
89
92
89

93
95
100
92

86
79
79
82

100
92
111

. no

1922.
January
February
March




MICHIGAN
HARDWOOD.*

1OO
117
113

1OO
104
OS
117
65

100
87
90
85
89

September
October
November
December

Stocks.

Relative to 1918.

1917 mo. av
1918 mo. av
1919 mo. av
1920 mo. av
1921 mo. av

"..

CALIFORNIA
RED>VOOD. 5

DOUGLAS
FIR.<

CALIFORNIA
W H I T E PINE.3

See footnotes on opposite page.

27
35
' 29
31
42
57
48
38

71

LUMBER.
Table 40.—NUMERICAL DATA.
From commercial and trade sources.
[Base year in bold-face type; index numbers on opposite page.]
YELLOW PINE.*

YEAE AND MONTH.

Production*

Stocks.

WESTERN
PINE.*
Production.

Shipments.

CALIFORNIA
WHITE PINE.3
Production.

Shipments. Stocks.

DOUGLAS
Production.

Shipments.

CALIFORNIA
REDWOODS
Production.

Ship- Orders
rements. ceived.

MICHIGAN
HARDWOOD/
Production.

Shipments

Thousands of feet, board measure.
1917
1918
1919
1920
1921

monthly a v . .
monthly av..
monthly a v . .
monthly a v . .
monthly a v . .

433,509 1,371,652
368,325 1,116,259
380,524
937,748
358,015 1,187,587
377,105 1,211,174

13,320 110,433
118,178
97,784
111,192 109,032
132,475
110,689
76,489
73,269

3,501 31,900 367,113
48,263
37,284 287,645
58,368
36,036 267,276

349,165 333,201
375,128 361,251 37,460 28,470
374,680 355,432
36,336
32,116
381,843 335,735
35,212
44,203
297,737 298,505

45,051 49,137
33,234 34,776
40,082
32,413 36,284
30,717
27,906 22,058
19,311 16,390

28,844

1920.
January
February
March
April

365,663
360,532
408,358
408,745

957,715
962,871
977,768
1,058,943

19,146
21,240
26,152
42,573

57,191
34,943
47,501
27,076

192,246
154,367
175,567
157,091

408,435
420,341
.435,113
443,618

423,474
374,233
417,655
338,421

30,903
37,618
46,203
40,040

43,513
49,880
49,213
36,115

37,180
41,333
36,693
32,115

26,922
28,539
28,942
35,848

28,088
24,771
25,624
21,859

May..
June
July
August

396,836
369,197
365,857
367,260

1,126,863
1,236,065
1,285,806
1,323,805

83,347
87,513
80,723
9S,324

41,356
36,243
32,976
41,963

199,922
229,733
248,6-17
333,762

424,817
427,055
295,895
375,576

383,186
337,973
275,303
331,259

51,740
45,990
43,010
56,730

36,488
27,538
29,743
38,575

30,053
16,093
24,338
38,690

25,062
28,673
32,444
30,581

24,501
26,504
27,321
25,841

September
October
November
December

359,951
$29,455
303,606
260,911

1,323,805
1,342,995
1,332,138
1,320,649

85,439
84,003
49,940
22,013

33,882
38,855
24,766
15,686

337,743
424,852
379,770
373,606

376,471
372,890
340,659
249,339

300,371
314,696
274,407
247,996

49,333
45,785
52,158
31,403

29,618
30,748
35,378
17,235

36,845
42,690
20,640
10,243

27,812
28,424
21,604
20,009

20,028
17,534
11,576
8,051

1921.
January
February
March
'.
April.

291,843
334,054
384,300
366,631

1,302,849
1,284,-291
1,287,447
l,248,05S

24,698
22,274
63,126
74,324

42,793
48,603
63,126
74,4,53

3,659
5,482
5,576
8,971

7,554
18,665
19,600
22,922

361,100
372,835
367,374
342,177

163,391
213,527
253,368
277,989

182,192
205,470
277,989
315,591

20,768
33,607
43,496
35,002

17,821
16,940
30,002
30,635

8,480
18,080
34,248
27,S67

19,961
22,040
27,811
30,681

8,732
7,501
13,670
10,917

May....
June
July....
August.

387,736
367,357
370,310
396,062

1,223/441
1,225,461
1,256,643
1,225,839

109,266
119,831
108,354
103,948

73,942
75,868
76,120
90,397

53,423
75,357
68,597
69,240

30,273
31,097
26,914
36,150

325,209
382,202
371,804
403,083

320,515
316,039
273,064
329,020

35S,565
314,248
267,245
363,937

45,799
40,539
32,334
48,748

23,051
21,786
21,935
33,797

28,394
22,817
13,682
33,417

26,345
23,572
14,912
15,745

13,314
17,273
14,098
15,230

September.
October
November..
December..

391,948
401,484
423,702

1,183,042
1,083,311
1,087,727
1,125,979

84,984
82,144
63,155
23,118

91,996
105,780
96,496
78,292

58,940
44,478
32,040

36,543
40,460
33,317

324,761

337,973
374,681
366,646
346,634

316,486
366,176
312,477
301,688

42,721
42,423
50,489

29,817
33,417
48,814

35,024
44,599
56,820

12,218
10,269
14,204
13,972

20,756
28,164
28,472
18,549

1923.
January
February
March
1
The figures given for production and stocks of yellow pine are computed from data furnished by the Southern Pine Association. The method of computing is first to
find the per cent which the actual production of the Trmk reporting is to the normal produciton 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 resulting figure in each month is equivalent to the actual production of the 192
identical mills and hence shows the trend of the industry. The same procedure is followed in the case of stocks. The normal monthly production of the 192 mills is given,
as 4S 4,065,392 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 supplied figures showing the actual and normal 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.
3
Actual figures reported by about 20 mills each month to the California White and Sugar Pine Association; the number of mills varies from 13 to 26.
* The figures given in these columns were obtained by applying the percentage figures of actual production and shipments to normal production of reporting mills as
supplied by the West Coast Lumbermen's Association to the actual production of 124 mills for May, 1920. The production in that month was 447,674,540 board feet.
5
The California Redwood Association has furnished to the Bureau of the Census the figures on the actual production, shipments, and orders received 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 56J per cent of the capacity of all listed mills. For the remaining months of 1921 reports are available from 11 mills representuig
71 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 37,460,000 feet. Regarding this as normal production, there has been computed the probable production
of the total redwood capacity based on the relation between actual and normal production of the mills reporting. The columns on shipments and orders received represent
a similar relationship between the actual reported figures and the normal production of all mills.
• Actual figures reported by about 40 mills each month to the Michigan Hardwood Manufacturing Association; the number of mills varies from 36 to 58, but 48 is the
highest number reporting in any month since the beginning of 1919.




72

CONSTRUCTION.
Table 41.—INDEX NUMBERS.
From Government and non-Government sources.
[Base-year in bold-face type; numerical data on opposite page.]
LUMBER.*

Exports
of

YEAB AND
MONTH.

boards,
planks,
Joists,
etc.

Pro- Ship- Orders Stocks Unfilled
orders
due* ments. booked. end of end of
month. month.
tion.

Relative
to 5-year
average.
1909-13 mo. av.,
1913mo.av. . . .
1914 mo. av
1915 mo. av
1916 mo. av

ABRASIVE
PAPER AND
CLOTHE

OAK FLOORING.*

WHOLESALE PRICES.*

South- Douglas
ern pine flr, No.l, Com- Com- Cement, Struccommon
tural
net,
flooring, mon,
mon
brick,
Domes- Foreign 1 x 4 , smooth salmon, brick, without steel
bags, beams,
;rade one side, run of
tic
red,
etc.,
Bulsales. sales.
New
1x8x10, kiln,
Pittsbetter, State of ChiYork. fington, burgh.
Ind.
cago*
Hatties- Washington.
burg.
Relative to 1919.

Relative to 1913.

CONSTRUCTION
VOLUME.*

Relative to 1913.

100

100
112
138
173

143
191

167
73
151
161
186

1917 mo. av
1918 mo. av
1919 mo. av
1920 mo. av
1921 mo. av

100
114

174
92
184
130
226

100
122
156
187

100

147
78
193
104
230

277
294
160
258
375

288
109
207
178
161

1S3
232
250

113

100
80
98

10O

210

99
97
97

122

100
89
94
118

100
151
181
232
189

135
182
243
333
232

153
166
166
180
153

269
202
174
187
131

100

100

100
84
92

100
83
93

100

177

100

100

109

125

324
156

172
198
276
325
129

133

110
84
116
104

410
455
455
422

407
407
407
407

200
208
211
221

366
381
381
381

165
165
165
165

162
162
162
214

375
310
287

407
320
320
320

225
230
241
248

381
381
381
343

174
180
180
188

214
214
205
184

114
147

91

1920.
January
February...
March
April

70
59
73
77

182
178
214
220

195
170
233
154

278
144
170
112

94
100
116
140

311
350
341
223

May
June
July....
August.

87
78
86
80

229
207
146
131

173
102
93
109

78
53
81
82

180
230
312
348

253
177
120
99

147
132
120
116

111
131
169
140

September..
October
November..
December..

76
72
56
56

108
112
110
94

83
78
92
76

66
62

361
383
409
425

74
,73
55
59

104
85
55
37

155
179
115

270
230
202
183

277
266
179
179

246
251
249
251

240
251
251
250

195
195
195
195

184
184
184
ISO

January
February...,
March
,
April
,

48
37
41
54

64
83
127
153

70
99
174
199

85
88
209
229

444
443
444
413

50
56
51
84

48
61
70

48
34
37
65

160
148
139
133

168
136
136
136

229
.227
235
186

251
251
248
229

193
171
170
170

162
162
152
147

May

45
60
60
59

189
204
193
235

211
229
212
261

194
200
180
250

397
418
391
393

127
153
138
134

68
71
62

43

138
141
140
141

125
125
125
114

177
170
172
172

221
221
225
225

170
170
170
170

146
146
139
123

56
69
62
85

223
244
254
262

280
353
325
301

273
451
389
214

371
308
232
242

132

81

171

114

174

125
125

175
181

232
229
229
221

159
148
148
148

123

88

155
184
206
189

114

287

77
44

no
152
113

284

1921.

June
July....
August September..
October
November..,
December...

76

35
45
42
50
44

290
288

1922.
January
February—
March




See footnotes on opposite page.

116
106

41
43

90

il7
90
94
114
109
101
60

73

CONSTRUCTION.
Table 42.—NUMERICAL DATA.
From Government and non-Government sources,
[Base year in bold-faco type; index numbers on opposite page]
LUMBER.'

Exports
of
YEAR AND* MONTH. boards,
planks,
joists,
etc.

ABRASIVE
PAPER AND
CLOTH.*

OAK FLOORING.*

Unfilled
ProShipOrders Stocks orders
duction. m e n t s . booked. end of
end
m o n t h . m o n tof .
h

Thousands of feet, board measure.
1909-1913 av
1913 mo. av
1914 mo. av
1915 mo. av
1916 mo. av

Domes- Foreign
tic
sales.
sales.

Reams.

6,675
7,464
9,205
11,563

6,009
6,877
8,894
11,470

6,104
7,419
9,525
11,429

9,000
16,500
20,900
22,500

7,250
5,800
7,100
15,250

av.,
av..
av..
av.,
av..

85,220
85,452
109,268
129,227
100,587

11,120
4,858
10,101
10,745
12,411

10,446
5,537
11,070
7,800
13,586

8,956
4,781
11,782
6,343
14,05S

24,900
26,500
14,433
23,237
33,729

20,900
7,900
15,038
12,902
11,649

1920.
January
.
February
March
April

124,626
105,176
129,460
137,049

12,129
11,907
14,303
14,654

11,721
10,233
13,994
9,225

16,961
8,818
10,394
6,834

8,492
8,979
10,462
12,560

May....
June
July....
August.

155,098
139,236
153,270
143,061

15,296
13,799
9,774
8,756

10,405
6,123
5,569
6,567

4,744
3,253
4,922
4,996

16,234
20,683
28,035
31,286

mo.
mo.
mo.
mo.
mo.

Southern pine
flooring,
1x4,
grade
"B"and
better,
Hattlesburg.

Douglas
flr, No.
1, com- ComCommon
mon,
mon
brick,
smooth salmon, brick,
one side, r u n of
red,
1x8x10, kiln,
New
State of Chicago. York.
Washington.

Per M ft.

Per thousand.

Cement,
net,
without
bags,
Bufungton,
Ind.

Structural
steel
beams,
etc.,
Pittsburgh.

Per
barrel.

Per
pound.

178,388
149,145
93,959
91,216

1917
1918
1919
1920
1921

WHOLESALE PRICES.*

S23.03G 8 9 . 2 0 8 . 34.938
7.917
4.872
7.875
4.780
10.375
4.783

SG.563
5.531
6.052
8.035

S1.OO18 80.010
.892
.013
.946
.015
1.187
.028

31.54
33.76
55.00
74.53
35.98

15.875
18.250
25.417
29.917
11.833

4.947
7.449
8.947
11.441
8.334

8.885
11.927
15.958
21.854
15.250

1.532
1.665
1.663
1.802
1.537

.043
.032
.028
.028
.021

94.41
104.88
104.73
97.09

37.500
37.500
37.500
37.500

9.850
10.270
10.430
10.920

24.000
25.000
25.000
25.000

1.650
1.650
1.650
1.650

.025

B8,15O
73,969

9,171
11,476

22,560
25,345
24,696
16,200

90,426
74,653
103,806
76,931

10,056
7,674
10,634
9,537

18,336
12,830
8,736
7,195

100,167
89,731
81,499

10,183
11,972
15,486
12,860

86.27 . 37.500
29.500
71.44
29.500
65.32
29.500
66.20

11.090
11.360
11.880
12.220

25.000
25.000
25.000
22.483

1.741

.032

l.SOO

.032

1.800

.031

1.887

.028

25.500
24.500
16.500
16.500

12.160
12.400
12.310
12.400

15.766
16.500
16.500
17.000

1.950

.028

1.950

.028

1.950

.028

1.950

.027

1.930

.025

1.717

.025

1.700

.023

L700

.022
.022

.025
.025
.032

September..
October
November..
December..

135,9S3
128,187
99,086
100,496

7,200
7,499
7,368
6,251

4,979
4,711
5,509
4,562

4,019
3,785
4,695
2,694

32,534
34,476
36,850
38,257

5,331
5,311
3,997
4,287

70,8S7
58,084
37,190
25,341

14,246
16,458
10,544
8,061

62.22
52.99
46.60
42.21

1921.
January
February
March
April........

86,182
66,342
73,'18O
96,558

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

3,620
4,095
3,666
6,111

26,436
32,764
41,404
47,538

4,387
3,138
3,393
5,958

36.89
33.99
31.92
30.71

15.500
12.500
12.500
12.500

11.310
11.210
11.580
9.170

16.500
16.500
16.250
15.000

May
June
July
August

79,665
106,862
106,388
105,848

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
37,588
35,201
35,352

9,240
11,095
9,969
9,722

46,544
48,671
41,969
51,595

3,963
3,192
4,142
3,879

31.78
32.39
32.27
32,52

11.500
11.500
11.500
10.500

8,740
8.410
8,490
8.51

14.500
14.500
14.750
14.750

1.700

September..
October....
November..
December..

100,585
123,264
110,902
161,268

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
20,88S

54,929
59,904

4,540
4,019

35.79
42.57
47.41
43.57

10.500
10.500
11.500
11.500

8.46
8.57
8.63
8.93

15.25
15.00
15.50
U50

1.593

.019

1.50

.018

1.50

.017

1.50

.015

1.700

.022

1.700

.021

1.700

.019

1922.
January
February....
March
1
Data from IT. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
* The Oak Flooring Manufacturer's A ssociation states that these figures represent reports from 25 mills, and constitute about 90 per cent of the total oak flooring industry.
1
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.
* Data from the U. S. Department of Labor, Bureau of Labor Statistics, and represent average of weekly prices for the month.
1
Compiled by the Engineering Kerns-Record, on the basis of contracts let as reported by this publication and its construction cost index number, based on 1913 costs.




74

BRICK, CEMENT, AND CONSTRUCTION COSTSTable 43.—INDEX NUMBERS.
Based on data from commercial and trade sources.1
[Base year in bold-faced type; numerical data on opposite page.].
FIRE-CLAY BRICK.*

YEAR AND
MONTH.

Production,

Shipments. Stocks,

FACE BRICK. *

SILICA BRICK.3

Production.

Shipments* Stocks.

Production.

Stocks
Unin
filled Shipsheds
and
orders. ments.
kilns.

av..
av..
av.,
av..

100
123
65

100
128
59

100
95

100
106
40

1920.
January
February...
March
April

128
105
131
119

102
108
134
118

104
95
96
103

May....
June
July
August.

117
123
124
128

127
132
128
135

September..
October
November..
December..

124
128
127
128

1921.
January;...
February....
March
April

37

100
103
106

100
100
79

100
140
153

100
134
43

130
104
128
109

92
116
115
105

113
109
114
115

121
109
112
113

107
138
127
137

187
191
201
199

108
97
8S
97

112
102
93
119

114
113
111
104

115
118
102
95

139
142
131
136

203
172
134
106

87
80
78
85

88
110
116
97

131
122
122
107

90
86
84
81

91
90
75
59

140
162
154
163

79
60
43
33

91
73
65
52

82
86
91

83
71
68
25

34
41
63

173
173
155
137

33
33
36
41

27

32

95
105
115
113

May
June
July....
August.

51
55
44
53

46

54

96
99
97
99

19
30
14
29

40
19
24
29

106
110
107
107

84
91
96
118

136
133
138
160

48
49
49
55

September..
October
November..
December..

50
61
64
68

53
66
60
64

96

35
35
33
34

30
37
38
52

109
108
99
93

91
104
101
85

141
157
159
181

47

100
97
98
107
102

100
114
102
75
92

80
96
109
107

47
80
91

100

104
96
47
31

107
83
89
54

Relative Relative
to 1914. to 1913.

122
138
118
115

149
152
135
119

Construction
costs.a

100
93
98
137
189
203*
208
239
202

122
108

97
95
96
95

77
87,
109
107

COST INDEX.

Stocks Factory
Shipat
ments. end of5 building
costs.7
period.

Relative to 1913.

100
96
93
99
101

av.
av.
av.
av.
av.

1918 mo.
1919 mo.
1920 mo.
1921 mo.

Production.

Relativi
to 1920
(10 mos.

Relative to 1919.

1913 mo.
1914 mo.
1915 mo.
1916 mo.
1917 mo.

PORTLAND CEMENT.*

44
44

96

100
103

100

111

43
36

1922.
January
February...
March




See footnotes on opposite page.

44
42
40

8 100
86

179

190

274
265

251
248
261
252

78

53
57
88
113

34
45
84
107

92
102
107
112

241
220*
197
186

231
231
224
213

94
106
102
128

121
121
125
133

128
143
139
167

111
99
93
74

176
172
167
161

211
210
204
193

108
118
87
71

131
137
116
85

152
164
70
50

62
48
81
106

160
157
154
153

188
183
166
168 ^

36
75

75

BRICK, CEMENT, AND CONSTRUCTION COSTS,
Table 44.—NUMERICAL DATA.
From commercial and trade sources.1
[Base year in bold-faced type; index numbers on opposite page.)
FIRE-CLAY BRICKS

SILICA BRICK.*

Mill
capacity reporting.

Pro- Shi d u c - m e n ps . Stocks.
t
tion.

Thousands of
bricks.

YEAR AND
MONTH.

Per cent of mill capacity.

FACE BRICK.*

PORTLAND CEMENT.*

Stocks
odu
Shi Stocks. Num- P rtion.c - In asheds Unfilled m e n ps .
nd
orders.
t
ber
kilns.
of
mills
reporting.
Thousands of bricks.
Thousands of bricks.

Production.

Shipments

Production.

Thousands of barrels.

7,675
7,353
7,160
7,627
7,735

1919 mo. av
1920 mo. av
1921 mo. av

178.6 14,062 14,008 41,750
14,904 15,680 42,911
165.2
5,574
44,093
5,142
169.3

86,379
115,696 * 3 2 , 4 1 2
27,851
37,059

Stocks
a t end
of
period.»

Shipments.

7,391 11,320
7,203 12,773
7,241 11,403
7,879
8,301
7,559 10,354

5,923
6,691
8,335
8,181

10,454
5,257
8,941
10,l(>0

5,910
7,124
8,026
7,921

45,184
45,120
35,681

89,119
124,471
136,754

116
127
110
99

£4,813
49,330
50,577
50,871

95,056
122,950
113,038
122,323

161,703
165,144
173,151
171,982

39,629
35,167

47,666
47,047
46,474
43,416

104
103
97
100

51,771
53,343
46,025
43,080

123,813
126,145
116,887
120,912

175,129
148,618
115,672
91,451

39,397
44,586
38,171
37,206

18,322
17,066
17,039
14,963

37,409
35,770
35,088
33,750

99
105
96
96

41,221
40,673
33,695
26,437

124,957
144,518
137,479
145,576

68,075
51,769
36,873
28,783

33,575
31,127
15,092
10,170

11,659
9,9&4
9,584
3,577

8,656
5,980
5,106
4,451

39,730
43,743
48,058
47,320

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

4,098
4,379
6,763
8,651

2,539
3,331
6,221
7,919

10,300
11,400
12,000
12,600

171.0
176.8
173.6
176.7

2,621
4,150
1,993
4,123

5,543
2,621
3,386
4,014

44,399
45,928
44,535
44,617

92
88
94
97

37,734
41,303
43,188
63,410

121,185
118,192
122,671
142,178

41,298
42,476
42,261
47,050

30,474
34,266
33,189
41,609

9,281
9,296
9,668
10,244

9,488
10,577
10,301
12,340

12,450
11,150
10,414
8,280

170.9
172.2
178.5
183.7

4,970
4,888
4,572
4,754

4,178
5,161
5,282
7,321

45,436
45,163
41,379
38,812

84
90
94

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

10,027
10,506
8,921
6,559

11,329
12,114
5,195
3,697

6,953
5,348
9,091
11,938

77,063
73,795
79,423

63.7
77.4
40.7

60.6
77.8
36.0

1920.
January
February
March
April

77,072
73,470
76,063
74,014

80.3
65.8
82.2
74.7

61.9
65.6
81.1
71.3

185.0
169.8
171.9
184.7

18,267
14,608
18,049
15,291

12,943
16,274
16,083
14,718

47,239
45,546
47,512
48,112

May
•Tune
July
August

72,572
73.3
77.4
72,289
72,570 i 77.9
80.2
75,024

•77.1
80.0
77.4
82.1

173.5
168.9
172.0
168.9

15,127
13,707
12,424
13,598

15,673
14,226
12,997
16,656

September
October
November
December

73,555
74,610
71,879
73,422

77.7
80.2
79.4
80.0

90.3
92.4
81.9
72.1

156.1
142.2
138.6
151.1

12,342
15,428
16,356
13,653

1931.
January
February
March
April

78,921
72,218
79,154
80,991

67.1
52.2
56.1
33.6

55.1
44.5
39.5
31.5

146.5
152.8
162.6
166.2

May. „
June
July
August

80,397
80,312
82,455
82,039

31.9
34.3
27.5
33.4

27.9
26.7
26.7
32.5

September
October
November
Decenber

79,012
79,250
79,435
78,866

31.2
38.4
39.9
42.9

31.9
40.2
36.5
3&7

i

1932.
February
. March

i
!

1

!

•ior, Geological Survey, and placed here for convenience. m e sources of the other data in this
. . l Except data on cement reported by the U. S. Department of the Interior, C
interior, Geological survey, ana piacea nere ior convenience, The cm
table are: Jire clay and silica brick from the Refractories Manufacturers'Association and face brick from the American Face Brick Association.
Association and face brick from the American Face Brick Association.
A^nttf^
6ft - ffl •
3
The Refractories Manufacturers' Association estimates that the capacity reporting represents between 68 and 70 per cent of the total fire-clay brick producing capacity
of the United States.
* 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 S per
O
cent of the tota lsilica 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 Association each month. The;variation in the number of firms reporting
Goes not materially affect the comparison, as it has been checked on a small number of identical
firms.
.
5
Figures prior to 1921 are taken from the yearly reports of the U. S. Department of the Interior, Geological Survey. The compilation of monthly reports begins with Janua
+

6
1

Ten months'average
•
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
coacrete efactory building; The company believes that the year 1914 gives a normal base and that July, 1920. represents the peak of building costs.
*™i T h Construction cost index, computed by the Engineering News Record, is based upon the costs of steel (structuralshapes, Pittsburgh base), cement (f. o. b.Chicago,
exclusive of bags), lumber (southern pine, New York base), and the rates paid common labor in the steel industry. The prices are weighted on the basis of the total
production of steel, eement, and lumber, and the total supply of common labor.
i early figures represent stocks at end of year, not an average of monthly stocks.




76
CHEMICALS.
Table 45.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from Government sources.1
[Base year in bold-faced type.]
IMPORTS.

Potash.'
YEAR AND MONTH,

WHOLESALE PRICES.

EXPORTS.

Nitrate Sulphu- Dyes and Total
fertiof soda* ric acid. dyestuffs. lizer.'

IMPORTS.

Drugs
and
Nitrate
Essen- Crude
Total
Pharma- tial oils/ drugs.* Potash.* of soda. Sulphuric Dyes and fertilizer.
acid.
ceutidyestuffs.
3
cals.*

Relative to 5-year average 1909-1913.

Relative to August, 1914.

Long tons.

A.—INDEX NUMBERS.
1OO
105
149
235
298

100
179
1,055
903
863

100
155
723
2,291
4,639

100
83
30
32
28

4
16
70
41

356
79
255
71

1,090
289
394
174

4,843

18
53
114
72

Ill
89
113
135

132
293
352
237

288
330
402
1,113

5,008
8,507
12,564
10,188

May....
June....
July....
August.

44
64
26
50

365
333
20
320

432
400
301
277

September..
October
November..
December..

70
79
32
34

259
197
205
168

1921.
January
February
,
March
,
April

20
35
40
19

May....
June*...
July....
August.
SeptemberOctober
November..
December..

1909-1913 monthly a v .
1914 monthly average.
1915 monthly average.
1916 monthly average.
1917 monthly average.
1918
1919
1920
1921

monthly
monthly
monthly
monthly

average.
average.
average.
average.

1920.
January
,
February
,
March
,
April

100
86
30
4
4

EXPORTS.

Pounds.

Dollars. Long tons.

B.—NUMERICAL DATA.

4 100

MOO

«1OO

21,124
18,247
6,304
772

43,177
45,143
64,349
101,535
128,601

613,693
1,098,015
6,476,002
5,538,625
5,293,426

828,937
44,749
209,255
662,832
1,342,280

103,391
85,639
30,647
32,747
28,627

762
3,357
14,880
8,739

153,766
33,955
110,160
30,76/

6,691,220
1,774,627
2,415,922
1,067,934

1,401,492
1,423,703
2,702,388
571,658

18,713
54,509
117,994
74,620

23,489

57,207
126,437
152,003
102,411

1,768,749
2,025,311
2,469,734
6,829,448

1,449,153
2,461,797
3,£35,518
2,948,064

118,507
104,433
124,691
101,918

2,655,432
2,453,556
1,844,985
1,698,168

3,377,885
3,851,180
3,018,188
2,111,095

146,017
112,832
150,275
150,111

831

201
196
129

213
265
158

185
202
134

115
101
121

205
207
206
207

261
268
274
279

212
220
219
213

11,673
13,309
10/430
7,295

141
109
145
145

207
206
198
197

279
287
280
267

213
211
207
205

5,438
10,509

157,709
143,896
85,684
138,080

259
267
328
327

10,780
8,123
7,985
6,975

116
99
74
102

195
187
173
160

253
241
226
210

198
184
174
162

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
2,350,448
2,310,751
2,018,453

119,614
102,697
76,986
105,716

186
68
107
69

310
372
110
219

4,615
1,895
2,480
1,286

103
74
62
64

155
149
141
135

200
189
178
168

153
145
141
138

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

14
24
16
41

87
88
48
77

128
133
90
177

1,370
2,091
1,535
2,110

53
73

129
126
125
123

165
159
151
142

136
135
130
126

3,007
5,153
3,378
8,757

37,778
37,847
20,791
33,045

787,647
817,159
553,587
i, 083,892

396,524
605,096
444,283
610,666

54,518
75,391
65,399
53,676

46
31
36
12

101
225
115
107

1,564
1,665
1,731

102

119

61
98
62

117

138
138
135
137

123

74
65
81

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

4,920
9,339
1,976

63
52

116
118

126
127
332

18,745
23,768
28,430
9,192
13,581

1922.
January
,
February.
March
1 Except wholesale price index numbers compiled by the Oil, Paint and Drug Reporter, Data on exports and imports compiled b y t h e V. 8. Department of Commerce,
Bureau of Foreign and Domestic Commerce.
*
2
Includes potash imported as chemicals and also the muriate and sulphate used in fertilizers.
* Largely phosphate rock.
* August, 1914.
h
Compiled from weekly wholesale quotations of 35 drugs and pharmaceutical chemicals.
* Compiled from weekly wholesale quotations of 20 essential oils.
»Compiled from weekly wholesale quotations of 40 crude botanical drugs.




77
CROP PRODUCTION.
Table 46.—INDEX NUMBERS.
Based on data from Government sources*1
[Base year in bold-faced type]
||

WHEAT.
CORN.
Winter.

YEAR.

Spring.

OATS.

Total.

BARLEY.

RYE.

TOTAL
HUE AD
GRAINS.

IUCE.

POTATOES.

APPLES
(total).

HAY,
TAME.

Relative to 5-year average, 1900-13.
1909-1913 average
1914
1915
1916
.
1917
1918
1919
1920
1921

- .

100
155
153
109
94
128
172
138
133

100
84
144
64
91
145
85
91'
85

100
119
149
03

100
99
111
95

93
134
141
121
116

113
92
104
li9
114

100
101
137
111
141
136
105
132
94 '

1OO
107
126
100

100
123
155
140

100
104
123
99

100
99
121
171

100
115
101
80

100
143
130
110

100
106
130
138

116
141
81
104
83

180
261
216
173
166

117
112
110
122
103

145
161
175
216
166

124
115
91
113
97

94
96
81
127
55

120
116
131
133
124

CROP PRODUCTION.
Table 47.—NUMERICAL DATA.
From Government sources,1
[Base year in bold-faced type.]
WHEAT.
CORN.
Winter.

Spring.

OATS.

Total.

BARLEY.

RYE.

TOTAL
BREAD
GRAINS.

IUCE.

POTATOES.

APPLES
(total). TAME.

YEAR.

Thousands of
tons.

Thousands of bushels.

1909-1913 average
1914
1915
1916
1917
1918
1919
1920
1921
1

441,602 245,059 686,697 2,708,334
2,672,804
206,027
891,017
684,990
2,994,793
351,854 1,025,801
673,947
2,566,927
155,765 ' 636,318
480,553
412,901
565,099
760,677
610,597
587,032

223,754
356,339
207,602
222,430
.207,861

636,655
921,438
968,279
833,027
794,893

3,065,233
2,502,665
2,816,318
3,230,532
3,081,251

1,131,175 181,886 34,916 4,743,008
42,779 4,942,613
194,953
1,141,060
54,050 5,852,525
228,851
1,549,030
48,862 4,686,253
182,309
1,251,837
1,592,740
1,538,124
1,184,030
1,496,281
1,060,737

211,759
256,225
147,608
189,332
151,181

62,933
91, (Ml
75,542
60,490
57,918

5,569,320
5,309,493
5,191,777
5,809,662
5,145,980

23,926 356,627 176,482 65,987
253,200
23,649 " 409,921
70,071
359,721
230,011
85,920
28,947
91,192
286,953
193,905
40,861
34,739
38,606
41,985
51,692
39,653

442,108
411,860
322,867
403,296
346,823

166,749
169,625
142,086
223,677
96,831

83,308
76,660
86,359
87,855
81,567

Yearlyfiguresrepresent the latest revised estimates of total production for the year as reported by the U. 8. Department of Agriculture, Bureau of Markets and Crop

Estimates.




78

CEREAL EXPORTS.
Table 48.—(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.

Oats
and
oatmeal.

Rye
and
rye
flour.

Wheat
and
wheat
flour.

Total
grains.

Barley
and
barley
flour.*

Corn
and
corn
meal. 3

Oats
and
oatmeal.*

Bye
and
rye
flour.5

Relative to 1913.

Total
grains.

Thousands of bushels.

A.—INDEX NUMBERS.

Wheat
and
wheat
flour, s

B.—NUMERICAL DATA.

1913 monthly average..
1914 monthly average..
1915 monthly average..
1916 monthly average..
1917 monthly average.,

100
38
151
128
102

100
21
99
109
112

100
7
298
291
310

100
123
736
854
792

1OO
102
193
153
118

100
67
191
168
149

1,461
554
2,211
1,874
" 1,488

4,223
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 average.
1919 monthly average..
1920 monthly average..
1921 monthly average..

130
231
102
147

93
31
42
20 0

358
184
45
22

879
2,183
3,195
1,622

146
187
215
245

171
173
169
214

1,897
3,369
1,488
2,153

3,922
1,325
1,769
10,974

10,815
5,551
1,355
667

1,359
3,375
4,938
2,514

17,413
22,259
25,635
29,205

35,406
35,878
35,185
44,516

92

1920.
January..
February.
March....
April

87
65
99
61

72
52
110
48

722
1,380
3,006
3,284

103
89
142
115

83
136
108

1,264
954
1,444
887

2,321
1,925
2,013
1,335

2,166
1,577
3,322
1,462

1,116
2,133
4,647
5,076

12,271
10,581
16,881
13,722

19,139
17,171
28,306
22,482

May....
June
July
August.,

43
38
69
163

56
22
16
24

6,651
4,130
, 5,105
3,657

217
183
291
273

190
147
218
205

635
557
1,013
2,377

971
1,144
1,294
1,293

1,684
656
495
719

10,280
6,383
7,891
5,652

25,885
21,754
34,655
32,550

39,454
30,493
45,347
42,591

September..
October
November..
December..

141
172
111
172

32
25
38
34

1,715
1,900
3,141
3,645

293
361
260
253

201
247
196
207

2,066
2,515
1,623
2,520

1,185
2,046
2,167
3,626

968
769
1,141
1,016

2,650
2,937
4,855
5,634

34,894
43,033
30,179

41,763
51,300
40,775
42,975

5,480'
3,836
1,765
2,127

27,105
23,075
20,763
24,791

42,293
37,364
25,872
38,595

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
125
186

2,991
1,567
631

5,753
8,561
13,681
10,558

31

21
11
17
56

1,329
1,585
604
2,070

225
257
562

209
208
238
435

458
1,372
2,108
4,602

8,694
11,858
15,234
13,976

619
.340
504
1,677

2,055
2,456
936
3,105

31,624
26,781
30,579
66,963

43,450
43,158
49,361
90,323

22
28
11
19

2,400
1,291
446

326

5,35?
2,082

132

2,511
830

3,720
2,001
691
1,993

38,950
25,366
19,453
15,014

67,642
39,763
27,473

139

18,937
9,470
4,475
10,488

678

191

May....
June....
July....
August.

144
315

206
281
361
331

September.,
October
November..
December..

367
143
172
57

448
224
106
248

94

1,286

327
213
163
126

1,324

567
408
487

844
343
573

1922.
January...
February..
March....
i Data from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce,
* Barleyflourconverted at 5.5 bushels to the barrel.
* Corn meal converted at 4 bushels to the barrel*




* Oatmeal converted at 5.21 bushels to 100 pounds.
6
Rye flour converted at 6 bushels to the barrel.
•Wheat flour converted at 4.5 bushels to the barrel.

79
MOVEMENT OF CEREALS.
Table 49.—(A) INDEX NUMBERS, AND (B) NUMERICAL DATA.
Based on data from commercial and trade sources.1
[Base year in bold-faced type.]
WHEAT
FLOUR.*

WHEAT.

Production.

Visible
supply.s

Re.Shlpceipts.' 1 ments.<

Relative
to 1914.

YEAR AND
MONTH.

WHEAT
FLOUR.*

CORN.

Relative
to 1913.

Relative to 1919.

Visible
ReShipsupply.* ceipts. 4 ments.*
Relative
to 1913.

Relative to 1919.

Production.

WHEAT.
Visible
supply. 3

100
90
95

1918 mo. av...
1919 mo. av...
1920 mo. a v . . .
1921 mo. av...

100
93
61
108
51

60
69

89
94
85
82

73
144
127
134

103
100
87
115

Thousands of bushels.

• ne
86
84
68

185
166
153
139

68
43
44
48

May
June
July
August

76
63
76
84

106
76
48
.56

September . . .
October
November . . .
December....

89
92
92
81

1921.
January....
February . . . .
March
April

B.—NUMERICAL DATA.

71

100
105
183
125
64

141
116

116

82
100
117
122

103
41
71
255

165
1OO
120
189

153
1OO
109
214

76
70
53
50

54
73
84
85

143
168
141
70

58
59
88
126

88
93
161
283

44
52
84
45

90
147
177
183

136
142
118
100

167
129
122
108

83
65
84
87

144
130
69
82

92
67
72
74

May
June
July
August

78
75
96
124

52
41
69
86

September...
October
November....
December

125
126
101
84

170
• 233
260
264

1920.
January
February . . . .
March
April

1923.
January
March....

ReShipVisible
ReShipceipts** m e n t s . 4 supply. 3 ceipts.< m e n t s J

Thousands
of
barrels.

A.—INDEX NUMBERS.
1913 mo. a v . . .
1914 mo. a v . . .
1915 mo. av...
1916 mo. a v . . .
1917 mo. av...

CORN.

51,378
47,725
31,220
55,640
26,330

18,861
21,619

9,615
10,094
9,157
8,869

37,735
73,833
65,353
68,593

136
144
124
63

12,572
9,252
9,036
7,375

75
164
171
61

69
113
132
124

71
129
72
63

135
123
67
121

96
75
78
91

190
294
420
303

86
96
197
218

113
105
129
263

195
132
81
76

202
144
98
68

14,198

8,404
8,857
15,352
10,47G
5,340

21,158
17,447

10,233

32,517
31,403
27,307
36,369

16,335
19,919
23,252
24,3*8

8,055
3,444
5,999
21,414

24,774
14,995
17,985
28,409

13,525
8,845
9,053
18,949

95,047
85,406
78,030
71,190

21,515
13,579
13,790
15,223

15,074
13,844
10,033
10,031

4,531
6,118
7,091
7,170

21,441
25,124
21,207
10,501

12,033
12,777
10,905
5, C S
O

8,244
0,800
8,152
9,059

54,621
38,959
21,577
23,890

18,313
18,717
27,621
39,002

17,559
18,572
32,168
56,383

3,710
4,387
7,079
3,749

11,223
24,021
23,690
9,170

0,102
10,001
11,717
10,973

97
117
92
98

9,650
9,981
9,889
8,745

46,225
75,720
90,759
94,200

42,717
44,584
37,218
31,574

33,317
25,718
24,215
21,511

5,973
10,854
6,043
5,280

20,235
18,401
10,113
18,097

8,C38
10,323
8,1G9
8,031

262
175
227
77

198
152
239
154

8,924
7,066
9,100
9,368

74,03G
66,928
35,054
42,317

28,978
21,209
22,558
23,344

19,190
14,996
15,599
18,102

15,977
24,745
35,277
25,495

39,348
20,196
33,973
11,541

17,375
13,431
21,102
13,037

211
326
208
143

142
235
118
196

241
244
216
244

• 8,406
8,087
10,720
13,409

20,875
21,027
35,493
44,117

27,000
30,172
61,994
68,643

22,517
21,001
25,741
52,464

17,708
27,303
17,519
11,993

21,319
35,240
17,658
29,381

21,282
21,576
19,127
21,505

158
266
217
323

244
230
103
265

305
239
144
197

13,519
13,566
10,851
0,053

87,197
119,943
133,702
135,823

61,406
41,568
25,576
23,975

40,300
28,758
19,455
13,634

13,262
22,328
18,197
27,109

30,561
34,490
15,467
39,723

26,961
21,160
12,770
17,403

10,794
9,748
10,285

•

!
i

1
Wheat flour production reported by 17. S. Grain Corporation, prior to July, 1920, later months from RusulVs Commercial News; Visible supply of wheat and com
from Bradstreet's; Receipts and shipments of wheat and corn, compiled by Chicago Board of Trade, from the Price Current-Grain Reporter.
%
Data from 1914 to 1916 are averages for calendar years; remaining averages are for crop years ending June 30 of the year indicated.
• Aggregate stocks in United States and Canada east of the Kocky Mountains, on nearest Saturday to end of the month.
4
At principal primary markets.




80

FARM PRODUCTS, WHOLESALE PRICES.
Table 50.—INDEX NTOtBEKS/
Based on data from Government sources.1
[Base-year in bold-faced type; numerical data on opposite page.]

WHEAT
FLOUR.

YEAB AND MONTH.

WHEAT.

No.l,
StandWinter north- No. 2,
ard
red
ern
pat- straights,
ents,
Kansas spring, Winter,
ChiChiMinneCity.
cago. cago.
apolis.

RYE.

BARLEY.

COTTONOATS. CORN. SEED
OIL.

CATTLE.

HOGS.

SHEEP.

TOBACCO.

Burley,
Cash, Sum- Steers,
B3
\
mer,
No. 2, sample, Cash, contract yellow good to Heavy,
leaf,
choice,
Ewes, Lambs,
cash, fair to
Chi- grades
com Chicago. Chicago. Chicago. dark
Chired,
cago. No. 2, prime,
good
cago.
fed,
New
LouisChimalting,
ville.
cago. York. Chicago.
Chicago.
Relative to 1913.

1913
1914
1915
1916
1917

monthly
monthly
monthly
monthly
monthly

average.
average.
average.
average.
average

1918
1919
1920
1921

monthly
monthly
monthly
monthly

average.
average,
average.
ave/age.

100
111
145
159
249

100

1OO

107
146
158
274

114
147
155

137

254

231

1OO
102
133

100
121

100

1OO

100

1OO

1OO

100

100

98

112

in

106

100

108

104

172
175
294

113

132

117
132
262

91
94

102

85

127

119

111
104

113

115

153

141

151

188

220

207

193

210

241

222

206

218

200

207

1OO

139

121

210

170

207

206

195

186

202

212

102

103

268

245

224

262
277
182

278

281

239

301

285

256

183

161

146

305
241
294
191

315
295
287
312

338

340
287
291
331

267
253
254
281

278
247
274
316

239

222

222

222

349

354

302

333

329

294

323

314

August.

328
309
298
267

September..
October
November..
December..

275
245
203
195

1920.
January.
February..
March
April
May....
June....
July....

1921.
January..
February..
March
Apru

210
200
191
173

May....
June
July....
August.

191
'197
194
177

September..
October
November.
December..

"182
162
156
150

305
318
325

303

284
251

304

272

253

265

237

224

218

198

209

215

194

204

216

204

199

207

185

195

208

181

170

181

160

141

198

175

159

200

168

146

179

150

125

167

142

125

174

150

130

164

142

121

153

134

119

152

137

119

243

240

265

267

342
347
351
309

276

291

243

296

194

249

306
267
248
251

161

156

148

141

139

137

125

132

120

121

110

115

259
234
227
211
231
202
192
168
167
139
126
135

174

114

115

102

101

105

170

170

187

204

108

103

100

73

128

240
232
253
273

298

187

180

232

271

176

174

279

266

169

173

254

164

177

289
304

251
263
249
260

295
288
280
265

319
296
248
247

269

148

167

267

233

177

176

157

182

181

189

180

178
181

141

166

140

171

198
177
145
114

118

172

111

161

110

156

76

149

210
142
129
121
109
106
104
93

187

179
173

140

171

119

142

116

116

74

140

97

110

110

79

121

112

113

86

129

94

132

85

103

95

97

99

118

99

116

96

91

121

103

116

97

102

86
75
77
77

136

97

See footnote on opposite page.

151

98
104

103

94

192

152

101

1922.
January...
February.
March




212

277
332

100

92

llfi
169
277
245
259
222

257
255
226
93

104

102

147
212

1OO

95

122

104

95

114

101

82

115

97

81

57
62
66
67
62
59
81

138
133
125

254
246
246
246
246
246
246
246
246
246
246
246
218
208
208
208

113
109
112
135

208
208

81

FARM PRODUCTS, WHOLESALE PRICES,
Table 51.—NUMERICAL DATA.
From Government sources. l
[Base year in bold-face type; index numbers on opposite page.]

WHEAT
FLOUR.

YEAH AND MONTH.

WHEAT.

Xo. 1,
Stand- Winter north- No. 2,
ard
red
straights,
ern
patents, Kansas spring, winter,
MinneChiCity.
Chiapolis.
cago.
cago.

BYE.

No. 2,
cash,
Chicago.

BABLEY.

COTTONOATS. CORN. SEED
OIL.

sample,
fair to Cash,
good,
Chimaltcago.
cago.

Per barrel.

Cash,
contract,
grades
No. 3,
Chicago*

CATTLE.

average..
average..
average..
average..
average..

$4,534
6.096
6.663
7.264
11.391

1918 monthly
1919 monthly
1920 monthly
1921 monthly

average..
average..
average..
average..

11.998
12.675
8.338

10.304
10.695
11.579
7.051

2.235
2.563
2.600
1.467

2.209
2.357
2.522
1.437

1.940
1.534
1.873
1.214

1.305
1.217
1.263
.635

.775
.700
.796
.387

1.605
1.597
1.414
.580

.201
.241
.154
.079

1920.
January
February
March
April

14.443
13.537
13.165
14.281

12.985
11.743
12.212
12.493

3.100
2.622
2.655
3.025

2.633
2.490
2.500
2.772

1.765
1.568
1.744
2.007

1.493
1.390
1.518
1.656

.855
.833
.901
1.002

1.502
1.450
1.578
1.706

May....
June
July....,
August.

15.031
14.160
13.668
12.235

13.425
12.812
12.410
11.643

3.231
3.006
2.867
2.570

2.975
2.895
2.805
2.473

2.173
2.208
2.232
1.963

1.725
1.520
1.213
1.085

1.095
1.114

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

2.491
2.204
2.057
2.012

1.945
1.695
1.577
1.598

1.006
.922
.867
• 778

1921.
January
February
March
April

9.625
9.181
8.730
7.950

8.295
7.962
7.993
6.980

1.861
1.6SS
1.650
1.461

1.961
1.919
1.679
1.386

1.647
1.488
1.446
1.339

May....
June
July....
August.

8.745
9.006
8.900
8.120

7.625
7.700
6.895
6.418

1.600
1.531
1.370
1.294

1.568
1.438
1.229
1.237

September.,
October....
November.
December..

8.318
7.425
7.170
6.881

6.681
6.305
5.900
5.860

1.365
1.298
1.226
1.254

1.276
1.193
1.176
1.177

S3.365
8.361
7.131
9.615
15.705

S4.687
5.044
5.929
7.166
10.332

S7.794
8.115
9.233
10.017
16.092

S13.202
14.654
13.789
15.231
22.302

16.424
17.496
14.486
8.764

17.600
18.244
14.187
8.363

11.288
9.351
8.744
3.414

17.325
16.125
15.904
9.994

36.567
32.346
34.182
29.277

.216
.196
.193
.184

15.938
14.969
14.400
13.906

15.094
14.513
14.435
14.806

10.875
13.063
13.525
14.250

19.593
20.579
19.400
20.250

39.000
38.000
37.000
35.000

1.995
1.851
1.548
1.541

.195
.169
.132
.120

12.600
15.031
15.381
15.350

13.975
14.725
14.856
15.130

12.525
7.344
6.594
6.575

18.515
14.969
14.719
13.300

33.500
32.500
32.500
32.500

.584
.530
.515
.494

1.315
.887
.807
.755

.136
.111
.101

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

32.500
32.500
32.500
32.500

.750
.688
.714
.635

.454
.430
.432
.378

.681
.665
.649
.578

.084
.070
.062
.059

9.840
9.312
9.563
8.719

9.305
9.156
9.463
8.225

3.450
3.688
4.031
4.406

10.925
9.438
10.031
10.313

32.500
32.500
32.500
32.500

1.467
1.284
1.222
1.065

.657
.638
.645
.629

.616
.613
.613
.569

.072

8.425

.377
.370
.359

.075

8.094
8.775

8.195
8.125
9.725
9.690

4.125
2.683
2.906
3.075

11.790
10.781
10.388
9.740

28.750
27.500
27.500
27.500

1.060
.882
.804

.384
.346
.354
.364

.538
.469
.482
.482

.099

.553

8.375
8.875
8.563
8.219

7.950
7.S45
6.838
6.744

3.156
2.915
2.750
3.781

8.813
8.490
8.719
10.500

27.500
27.500
27.500
27.500

.607

.554
.548

.935

8.406

.082
.083

1922.
January
February

].],
1

84796°—22




6

TOBACCO.

Per 100 pounds..

$3,847 SO. 9 1 3 SO. 986 SO. 636 SO. 6 3 5 SO. 376 SO. 6 3 5 SO. 073 S 8 . 5 0 7
1.041
.615
1.005
.768
.066
.695
9.039
.419
4.125'
1.344 • 1.307
.704
1.092
.068
.730
8.702
.496
5.612
1.417
1.351
1.113
.867
.106
.825
9.573
.455
6.091
2.321
2.278
1.871
.154
1.315
1.637
12.809
.637
10.551

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

March.

SHEEP.

Burley,
SumSteers,
good
mer, good to
leaf,
yellow, choice, Heavy,
Ewes, Lambs,
dark
prime,
corn Chicago. Chicago. Chicago.
red,
New
fed,
LouisYork. Chicago.
ville.
Per
pound.

Per bushel.

HOGS.

From U. 8. Department of Labor, Bureau of Labor Statistics, averages of weekly quotations.

82

LIVE-STOCK MOVEMENT.
Table 52.—INDEX NUMBERS.
Based on data from Government sources.1
IBase year in bold-faced type; numerical data on opposite page.]

Total
receipts. STOCKEB
AND
FEEDER.

TOTAL.

Shipments.

Shipments.

Shipments.
YEAB JLND MONTH.

SHEEP.

HOGS.

CATTXE.

Total
Total
slaugh- receipts. STOCKEB
ter.
AND

TOTAL.

Total
Total
slaugh- receipts. STOCKEK
ter.
TOTAL.
AND

Total
slaughter,

FEEDER.

FEEDER.

Relative to 1919.
1917 monthly average
1918 monthly average
1919 monthly average...
1920 monthly average
1921 monthly average

93
102
100
91
SO

100
76
66

84
95
100
92
80

97
109
100
91
81

85
101
100
92

100
81
56

87
93

95

86

86

85

108

99

101

100

100

71
83
100

61
75
100
45

100
86
78

72
81
100
87
101

107

90

74

103

86

67
84

1920.
January...
February.
March
April

92
72
89
76

May
June
July
August..

87
92
82
96

79

85

97

142

119

142

142

70

52

58

87

55

67

76

93

113

111

84

62

24

49

77

55

65

106

107

142

120

101

58

23

43

75

56

68

84

82

101

96

75

64

46

61

67

67

80

67

114

90

117

113

66

40

89

94

99

58

110

95

72

39

50

82

82

76

36,

92

69

90

56

85

95

64

98

91

68

47

80

62

115

98

123

104

111

111

121

103

64

63

78

57

128

138

135

116

108

132

131

92

75

80

89

68

134

183

165

93

118

September.
October
November.,
December..

87

62

126

130

106

104

72

117

97

109

148

124

96

73

69

112

50

127

106

45

59

85

104

67

68

1921.
January...
February.
March
April

46

87

125

58

139

119

79

15

57

38

52

64

107

68

116

103

67

11

49

88

76

54

67

83

90

108

106

84

77

15

57

100

73

54

68

78

86

76

95

83

74

18

58

94

75

49

67

81

89

52

87

89

85

26

77

06

77

May.....
June—
July.....
August.

63

58

45

68

88

96

44

96

98

82

15

65

104

65

28

55

74

73

23

77

71

78

24

64

95

91

81

95

87

71

31

78*

68

110

70

93

127

93

90

102

71

55

79

67

116

96

118

114

112

141

134-

94

86

60

102

78

133

126

138

124

94

113

112

82

99

44

109

93

89

88

87

&

56

September..
October
November.,
December..,

76

65

105

47

148

84

73

35

73

76

1932.
January...
February.,
March.....




See footnote on opposite page.

83

LIVE-STOCK MOVEMENT.
Table 53.—NUMERICAL DATA.
From Government sources.1
[Base year In bold-faced type; index numbers on opposite page.]
CATTLE.
Shipments.
YEAB AND MONTH.

Total
receipts. STOCKEK
AND
FEEDER.

SHEEP.

HOGS.

TOTAL.

Shipments.

Shipments.

Total
Total
slaugh- receipts. STOCKEE
ter.
AND
TOTAL.

Total
slaughter.

Total
receipts. STOCKER
AND
FEEDEE.

FEEDER.

Total
slaughter.
TOTAL.

Thousands of animals.
64
81
75
61
42

1,027
1,185
1,194
1,273
1,224

2,157
2,572
2,536
2,272
2,192

1,618
1,869
2,265
1,876
2,008

352
432
578
430
261

1,904
2,104
3,054
1,866
1,647

382
408
440
336
291

747
850
894
818
717

1,109
1,241
1,141
1,034
922

3,159
3,766
3,737
3,549
3,420

January...
February.
March
April

1,881
1,486
1,822
1,561

240
241
244

761
602
582
605

1,105
871
1,209
961

5,311
3,467
4,000
3,065

May
June
July
August..

1,784
1,887
1,678
1,970

295
272
218
2S3

783
799
734

992
1,069
940
1,043

4,263
3,709
2,8.50
2,525

68

1,397

2,859

1,488

234

43

1,308

2,421

1,640

227

806

S45

27

1,101

1,754

2,034

324

1,029

1,002

36

958

1,564

2,607

568

1,4S6

1,099

September.
October
November..
December..

2,294
2,209
2,427
1,392

489
580
553
279

1,087
1,172
1,166
650

1,172
1,049
1,207
785

2,391
2,789
3,872
4,195

47

935

1,452

2,896

796

1,632

1,218

60

1,068

1,726

3,027

1,059

2,001

978

54

1,400

2,465

2,471

857

1,499

1,010

37

1,520

2,680

1,566

259

710

891

1,644
1,188
1,565
1,492

205
166
237
238

609
465
600
610

995
726
94S
892

4,685
4,005
3,382
3,224

1,101

923
1,005
996

3,322
3,573
2,725
2,655

982
1,073
935
740

2,654
3,212
3,687
3,911

1917 monthly average..
1918 monthly average..
1919 monthly average.
1920 monthly average..
1921 monthly average..

1,011
1,210
1,043
942

756
855
1,054
915
1,069

1920.
922

90

1,699

3,593

1,596

303

85

1,321

2,139

1,411

140

589

£12

107

1,427

2,556

1,308

135

520

792

76

1,146

1,902

1,460

269

734

709

818

706

1921.
January...
February.
March
April
May
June
July
August.

1,541
1,550
1,343
1,867

214
197
122
355

60S
492
846

September.
October....
November..
December..

1,901
2,302
1,928
1,415

394
622
497
245

910
1,194
997
682

844

43

1,661

3,023

1,791

88

687

51

1,383

2,604

1,516

62

591

930

81

1,261

2,119

1,750

88

693

1,053

57

1,131

2,096

1,677

107

704

988

39

1,033

2,270

1,916

153

926

33

1,143

2,474

1,850

89

782

17

918

1,804

1,775

139

771

23

930

1,722

2,500

404

1,123

1,014
1,093
1,006
1,335

41

947

1,698

2,618

555

1,428

1,200

45

1,219

1,990

3,013

731

1,668

1,311

33

1,297

2,370

2,026

511

1,052

988

35

1,765

2,137

1,664

202

8S1

804

1922.
January...
February.
March
1

These figures represent the movement at between 60 and 70 markets; data procured from the U> S. Department of Agriculture, Bureau of Market* and Crop Estimates^




84

MEAT PRODUCTS.
Table 54.—INDEX NUMBERS.
Based on data from Government sources.
[Base year In bold-faced type; numerical data on opposite page.]

EXPORTS.

YEAE AND MONTH.

Pork
products. 3

Beef

products. *

PRODUCTIONINSPECTED
SLAUGHTERS

COLD-STORAGE
HOLDINGS.3
Beef
products.s

Pork
products*«

Lamb
and

mutton.7

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average.
average.
average.
average.
average.

100
94
13S
147
132

100
89
313
236
239

47
78

1918 monthly
1919 monthly
1920 monthly
1921 monthly

average.
average.
average.
average..

229
26S
156
169

473
235
143
112

'108
100
70
43

January..,
February.
March
April

167
179
226
107

224
151
131
219

May....
June
July....
August.

164
167
115

September.
October
November..
December..

100
67
70

Pork.

Relative to 1913.

Relative to 1919.

Relative to 1913.

Beef.

40
53

96
106
116
137

100
96
108
116

APPARENT
CONSUMPTION.

Beef.

Pork.

Relative to 1919.

82
96

153
115

154
131
121

117
120
111

104

129

100
93

100

122
93
69
42

143
112
128
120

182
109
124
90

106
88
108
94

188
50
118
123

121
122
129
123

31
68
51
27

122
111
111
111

120
131
97
80

99
89

156
154
152
167

37
33
37
42

107
80
57
30

131
301
582
674

128
127
132
108

70
84
113
137

100
94
93
73

174
175
169
124

59
60
57

65
81
105106

810
928
705
458

113
88
109
101

154
138
110
108

64
83
79

151
111
133
156

51
46
40

104
108
110
100

293
189
104
80

101
104
101
118

116
128
110
94

77
88
77
91

140
168
157
151

27
25
27
33

85
61
45
43

70
71

119
125
114

87
99
118

82

169
188
175

35

50

7
6

94

66

100

100

97

84

183
324

124
120
108
97

72
96
111
121

183
204
138
69

84
65
51
42

125
150
157
228

78
101
104
111

January..
February.
March....
April

197
184
174
144

182
107
93
107

May
June
July....
August.

172
155
209
213

117
97
132
136

September..
October....
November..

212
121
110
130

136
94
74

146

1920.

1921.

December...
1922.
January...
February.
March.....




See footnotes on opposite page.

85

MEAT PRODUCTS.
Table 55.—NUMERICAL DATA.
From Government sources,1
[Base year in bold-faced type; index numbers on opposite page]

EXPORTS.
YEAB AND MONTH.

Pork
products.?

Beef
products. 4

PRODUCTIONINSPECTED
SLAUGHTERS

Beef
products.^

Pork
products. 6

Lamb and
mutton. 7

APPARENT
CONSUMPTION.

Beef.

COLD-STORAGE HOLDINGS.'

Beef.

Pork.

Pork.

Thousands of pounds.
89,053
76,826
113,205
120,932
108,209

13,625
12,163
42,609
32,105
32,502

112,462
186,647

609,290
638,684

3,383
4,477

187,554
219,803
128,004
138,308

64,444
32,053
19,545
15,249

258,167
240440
168,108
104,384

856,059
912,053
888,375
770,300

January..,
February.
March....
April

136,906
147,138
185,439
87,642

30,576
20,520
17,807
29,852

298,864
288,752
260,146
231,937

May....
June
July....
August.

134,208
137,366
94,225
67,701

24,937
27,841
18,858
9,348

September.
October
November.
December..

102,472
123,191
129,168
187,127

January..,
February.
March....
April

1913 monthly average.
1914 monthly average.
1915 monthly average.
1916 monthly average.
1917 monthly average.

343,402
328,805
364,210
396,865
469,328

482,840
464,139
521,302
558,919
428,233

365,063
427,141

429,322
321,411

5,580
8,413
15,362
27,231

527,898
451,389
415,434

566,370
580,989
538,282

465,686
447,129
416,173

360,829
279,897
408,015

660,252
874,412
1,015,325
1,101,632

10,290
7,787
5,781
3,517

491,917
382,993
438,177
412,312

877,518
528,252
601,077
433,316

474,725
394,136
480,773
419,028

526,819
140,331
329,334
345,053

200,788
157,271
121,652
101,086

1,102,525
1,111,644
1,175,770
1,124,558

2,579
5,735
4,310
2,299

417,307
382,245
380,453
381,930

578,870
633,370
469,560
387,451

440,920
396,977
386,180
391,946

435,730
431,937
426,581
466,523

10,589
13,802
14,204
15,177

89,721
78,055
89,015
100,006

977,785
725,699
520,127
270,757

11,021
25,324
48,997
56,702

440,290
434,715
453,689
369,178

335,887
406,316
544,410
663,404

447,732
419,278
416,334
326,052

485,653
489,438
472,009
346,776

161,694
151,336
143,168
118,192

24,767
14,547
12,627
14,624

142,813
142,877
144,906
13S,045

593,299
734,659
957,230
969,076

68,113
78,082
59,304
38,519

387,870
302,992
375,696
347,567

744,128
664,634
531,630
521,521

366,319
236,108
372,900
351,725

422,581
312,004
371,958
436,992

May....
June....
July....
August.

141,041
127,908
171,561
174,917

15,911
13,192
18.018
18,499

122,100
109,962
96,549
85,638

952,056
981,631
1,005,409
915,691

25,085
15,877
8,719
6,750

345,784
391,687
347,791
406,110

560,758
619,359
529,514
451,662

345,925
394,402
343,882
408,901

390,994
471,339
439,468
421,489

September.,
October
November.
December..

173,989
99,202
90,248
106,440

18,568
12,773
10,043
9,420

65,943
59,611
64,156
80,007

777,335
552,504
408,312
396,397

5,930
6,015
6,865
7,508

407,349
427,661
392,487

422,022
480,622
567,622

397,179
414,455
366,593

472,920
525,838
489,289

84,548

457,177

6,401

1918 monthly
1919 monthly
1920monthly
1921 monthly

average.
average.
average.
average.
1920.

1921.

1922.
January...
February.
March

1
Exports reported b y the U. 8. Department of Commerce, Bureau of Foreign and Domestic Commerce; cold-storage holdings from t h e U. S. Department of Agriculture,
Bureau of Markets and Crop Estimates; production of beef and pork from animals slaughtered under Federal inspection reported by the V. S. Department of Agriculture,
Bureau of Animal Industry. Recent figures published in the Market Reporter. Apparent consumption has been computed from the inspected slaughter lessexports
and the change in storage holdings.
* Cold-storage holdings are distinctly seasonal. No allowance for this has been made in calculating index numbers. Figures represent storage holdings on thefirstday
of each month.
* Includes bacon, ham, shoulders, lard, neutral lard, and canned, fresh, and pickled pork.
•Includes fresh, canned, pickled, and cured beef, and oleo oil and tallow.
* Includes beef, frozen, cured, and in process of cure .
* Includes pork, frozen, dry salt, and pickled, both cured and in process of cure, and lard.
7
Frozen lamb and mutton.
8
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.




86

DAIRY PRODUCTS.
Table 56,—INDEX

NUMBERS.

Based on data from Government sources,1
p a s e year in bold-faced type; numerical data on opposite page.]

CHEESE.

BUTTER.

YEAR AND MONTH.

CONDENSED AND
EVAPORATED MLLKS

EGGS.

(case goods).

ColdColdColdReceipts storage Whole- Receipts storage Whole- Receipts storage
sale
sale
holdings price, 5
at 5 1 holdings
at 5 2 holdings price* 5
at 5
(case
markets. (cream- markets.' markets. (Ameri- markets. markets.
can)^
ery).'
eggs.)6
Relative Relative
to 1919. to 1916-20.

5-yr. mo. av., 1916-20.
1913 monthly average..
1914 monthly average..
1915 monthly average..
1916 monthly average..

Relative to 1919.

100

Relative
to 1916-20,

Relative to 1919.

1OO

Production.

Relative
to 1916-20.

70

1OO
86
103

96
89
118
105
95

1OO
99
72

100
85
90

120
104
104
103

121
93
111
91
112

58
75
57

95
68
40
22

102
104
110
108

55
85
53

88
141
153
114

13
23
93
180

101
92.
89
95

September.
October....
November.,
December..

91
73
58
57

205
201
181
141

96
96
105

1921.
January...
February.
March
April

67
61
78
85

104
74
48
26

85
83
77
74

70
69
78
87

May
•June
July
August..

131
181
135
136

14
38
110
147

53
55
66
76

September.
October
November..
December...

110
95
81
'81

164
160
138
116

72
78
76
73

1920.
January...
February.
March
April
May
June
July
August..

January...
February.
March




100
90
70

1OO

143
117
92
63

100
94
94
94

42
62
112
157

123
124
99

46
36
80
139

91
90
94
85

152
148
106
76

79
78
84
72

162
148
131
107

90
87
84

68
50
33
30

92

38

94
81
80
85

55
98
166
210

120
133
118
79

48
94
111

49
49
60
64

177
130
95
93

91
101
83
69

126
121
116
92

64
69
71

77

195

62

2
3
9
26

34

119

45

65

77
1OO
76

170

67
47

Relative
to 1913.

Relative to 1919.

85

average..
average..
average..
average..
average..

Exports. Imports. Exports.

100

92

1917 monthly
1918 monthly
1919 monthly
1920 monthly
1921 monthly

TOTAL
DAIRY
PRODTJCTS.3

74

See footnotes on opposite page.

103

100
98
520
1,058

50
65
1OO
48
34

100
144
74

1,408
2,755
3,970
1,959
1,470

187
123
91
104

2,543
2,561
3,084
2,860

51
305
333
191

2,699
2,499
1,522
1,396

42

85

63

9

81

61

1

90

71

3

92

72

58

111

64

139

121

62

183

103

39

186

81

36

173

71

30

144

35

28

104

20

24

49

21

27

87
113
71
70

11

24

1

34

1

58

52

8G

42
31
40
28

12
116
103
84

1,215

13
31
24
43

195
26
45
43

2,499
1,060
1,650

54
45
26
31

254

133

113

186

108

204

81

206

24

73

(*)

3
3

1,164
1,117
960
1,098

1,690
1,253
1,597

623

2,058
1,748
1,009,
1,237

87

DAIRY PRODUCTS.
Table 57.—NUMEKICAI DATA,
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page.

BUTTER.

YEAE AND MONTH.

CHEESE.

ColdWholeColdWholeColdsale
storage
storage
Receipts
Receipts
sale
Receipts storage
holdings
at 5 2 holdings price,
at 5
price,
at 5 5 holdings
markets.
(cream- 5 mar- markets.* (Ameri- 5 m a r - markets.
(case
kets;
can)^
kets.s
ery).*
eggs).«
Per
Thousands of pounds. pound.

1916-1920 average
1913 monthly average.
1914 monthly average.
1915 monthly average.,
1916 monthly average.
1917 monthly
1918 monthly
1919 monthly
1920monthly
1921 monthly

average.,
average..
average..
average.,
average.

CONDENSED ANO
EVAPORATED MILKS
(case goods)*

EGGS.

Thousands of pounds.

56,364

Per
pound.

Production.

Thousands of cases.*

37,178

Imports. Experts.

Thousands of pounds.

3,689
1,803
1,861
9,844
20,019

1,377
1,904
6,307
18,307

51,825

45,871
39,269
47,445

Exports.

TOTAL
DAIRY
PRODUCTS.'

25,850

3,118

53,939
50,305
66,410 S0.593
59,341
.586
53,491
429

16,281
13,814
14,719

44,679
38,552
38,664
38]147
30,585

SO.31
.28
.216

1,188
1,027
1,229

4,472
3,413*
4,089
3,355
4,132

110,639
143,956
109,415

35,705
45,928
71,072
34,252
24,140*

909
1,376
1,980
1,014

26,654
52,145
75,132
37,066
27,821

1920.
January
February.......
March
April

27,693
26,486
34,489
26,293

53,737
38,359
22,568
12,555

,603
.615
.654
.640

10,996
8,949
13,862
8,620

53,168
43,631
34,039
23,431

.311
.293
.292
.293

497
738
1,335
1,870

1,542
342
29
122

122,925
116,665
128,940
132,023

44,923
42,999
50,180
51,504

2,575
1,689
1,251
1,436

48,132
48,461
58,370
54,125

May....
June
July....
August.

40,475
64,828
70,080
52,342

7,554
12,872
52,526
101,455

.60
:546
.53
.563

16,079
20,022
20,147
16,071

16,963
13,502
29,654
51,512

.281
.278
.29
.264

1,807
1,759
1,259
906

2,135
5,143
6,747
6,872

159,309
174,675
148,857
116,777

45,777
44,401
27,669
25,603

703
4,196
4,585
2,629

51,072
47,297
28,796
26,414

September.
October....
November.
December..

41,966
33,611
26,643
26,326

115,558
113,385
101,778
79,750

.567
.57
.62
.528

12,831
12,767
13,727
11,703

60,372
55,007
48,566
39,921

.279
.269
.261
.249

811
589
391
360

6,372
5,295
3,838
1,824

102,638
50,710
28,591
29,970

21,342
20,147
17,207
19,268

1,191
1,560
979
962

22,033
21,139
18,159
20,776

1921.
January
February
March
April

30,939
27,996
35,593
38,841

58,682
41,486
27,103
14,732

.502
.493
.455
.441

11,387
11,274
12,675
14,145

34,115
25,000
17,477
14,294

.251
.250
.263

64S
1,168
1,977
2,498

408
43
43
1,926

34,803
48,330
82.924
123,159

30,192
21,830
28,194
20,221

163
1,600
1,413
1,153

31,987
23,708
30,221
22,992

May....
June
July....
August.

60,208
82,882
61,786
62,337

7,712
21,682
61,991
82,838

.316
.324
.392
.448

19,567
21,619
19,180
12,863

13,466
17,814
34,948
41,284

.152
.153
.185
.20

2,101
1,539
1,129
1,100

4,909
6,844
7,534
7,605

162,653
156,876
116,127
127,167

9,186
21,700
17,338
30,360

2,684
354
623
594

11,795
47,297
20,070
31,223

September.
October....
November.,
December..

50,546
43,785
37,282
37,172

92,396
90,123
78,014
65,138

.425
.461
.451
.435

14,841
16,382
13,455
11,237

46,706
44,842
43,015
34,062

.20
.214
.220
.206

919
732
399
538

7,207
6,275
4,387
2,402

104,958
(fi)
<*)

38,061
32,232
18,126
22,238

3,501
35
43
1

38,963
33,084
19,107
23,409

1932.
January...
February.
March

48,391

27,642

1
Import and export statistics from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; all other data from XT. 8» Department of Agriculture,
Bureau of Markets and Crop Estimates,
J
Boston, New York, Philadelphia, Chicago, and San Francisco. Total of weekly figures with first and last weeks of month prorated.
* Includes butter, cheese, and condensed and evaporated milk.
4
One case of eggs equals 30 dozen, or about 45 pounds net.
5
Production compiled by months but issued quarterly; figures not available at time of going to press.
• Holdings on first day of month.
7
Average of weekly prices of creamery butter, 92 score, at Boston, New York, Philadelphia, Chicago, and San Francisco.
8
Average of weekly prices of American cheese, No. 1 fresh twins, at Boston, New York, Wisconsin, Chicago, and San Francisco.
9
Index number less than 1.




SUGAR AND VEGETABLE OILS.
Table 58.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data oh opposite page.]
COTTON
SEED.

SUGAR.

YEAR AND MONTH.

Imports,
raw*

Exports,
refined,
Including
maple.

Meltings.*

Wholesale price.
Stocks,
raw,
Raw,
at refin- 96° cen- Granulated
eries.* trifugal, in bbls..
N.Y.
N.Y.

Relative Relative Relative to 1919.
to 1913. to 1909-13.

Retail
price
Index,
51
cities.

COTTONSEED
OIL, CRUDE.

Stocks Stocks
end of
end of
month. month.

Production*

Relative to 1919.

Relative to 1913.

100
110

Consumption.*

Relative to 1913.

130
161

108
120
146

179
183
215
372
137

181
182
209
297
144

169
176
205
353
146

129
96
100

104
92

85
100
110
157

1,821
1,642
1,843
3,092

75
106
138
•135

44.
94
146
116

371
325
339
504

360
350
321
449

165
251
265
219

2,080
1,080
853
144

127
142
147
126

80
121
154
183

.562
502
382

September..
October
November..
December...

111
69
110
90

317
' 288
343
467

78
55
69
51

105
88
90
104

1921.
January.......
February
March
April

65
151
213
219

593
387
441

40
80
133
107

145

2,039
2,067
2,272
2,012

92
118
100

1,206
5$5
573
1^077

100
115
112
117

492
1,214
1,992

1917 monthly a v .
1918 monthly av.,
1919monthly av.,
1920monthly av.,
1921 monthly a v . .

105
109
149
170
131

1,274
513
1,859
1,164
1,176

ioo

1020.
January
February
March
April

135
206
236
187

May
June
July....
August..

166

95
70

100

3100
3 124
3 141

100
99
99
105

109
100
100
100
165"

41
36
61
58
76

3172
3 305

58
71

111
118
100
127
158

3 334
3133

161
227
245
253
152

324
342
340
367

93
69
42
20

321
302
240
184

287
186
148
77

63
74
80
75

235
313
338
433

292
287
30S
286

526
497
447
391

462*
485
482
416

9
7

133
75
38
23

41
17
8

49
45
16
11

236
238
258
196

272
188
203
237

305
238
193
151

334
253
225
190

333
253
235
191

27
95
114
116

55
177
277
261

65
291
349
270

20
30
85
150

178
137
S3
95

251
238
271
201

110
120
181
258

153
151
173
155

177
166
184
170

176
162
176
176

95
81
59
37

278
281
277
193

263
247
229
122

245
139
127
74

99
161
52
213

191
171
180
175

104
92
95
127

276
264
167
140

140
120
127
134

148
133
128
137

153
142
129
136

27
21
IS
24

117
80
34
28

68
47
40
45

68
51
27
21

65
61
70

104
64
94
150

SI
85
82
78

144
75
86
65

123
119
117
106

131
122
121
117

133
125
122
118

74
143
149
121

84
172
187
167

153
285
265
202

28
. 37
37
43

211
127
225
149

149
181
148
211

79

1922.
January
February
March
'..




Total
Imports.*

IOO
61
109
58

100
100
133
165

1913 monthly av
1914 monthly av
1915 monthly av
1916 m o n t h l y av

September..
October
November..
December..

Exports.*

OLEOMARGARINE.

100

1909-1913 monthly av.

May....
June....
July....
August.

VEGETABLE
OILS.

See footnotes on opposite page.

7

89

SUGAR AND VEGETABLE OILS.
Table 59.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type; index number on opposito page.]
COTTON
SEED.

SUGAR.

YEAR AND MONTH.

Imports,
raw.

Exports,
refined,
including
maple.

Meltings.2

Wholesale
price.
Stocks,
raw,
at refin- Raw, Granueries.* 9C° cen- lated
trifugal, in bbls.,
N. Y.
N.T.
Per pound.

Long tons.
1909-1913 monthly average.
1913
1914
1915
1916

monthly average
monthly average
monthly average
monthly average.

1917
1918
1919
1920
1921

monthly
monthly
monthly
monthly
monthly

average.
average.
average.
average.
average.

COTTONSEED
OIL, CRUDE.

Stocks
end of
month.

Stocks
end of
month.

Short tons,

Production.

VEGETABLE
OILS.

OLEOMARGARINE.

Total
Exports. imports.6

Consumption/

Thousands of pounds.

2,953
175,664
201,437
196,569
205,716

S0.035
.038
.047
.058

14,524
35,838
58,812

S0.043
.047
.056
.069

29,042
17,758
31,041
16,977

21,387
8 26,441
* 20,636
» 30,133

11,798
11,787
12,404

183,802
192,219
261,149
298,685
229,266

37,602
15,152
257,174
54,891 3 2 5 , 2 3 3
34,371
338,430
34,739
299,891

81,311
95,428
105,357
150,022

.063
.064
.075
.130
.048

.077
.078
.0S9
.126
.065

661,192
489,442
512,448
296,219
362,947

66,753
71,007
59,967
76,190
94,779

71,15S
65,423
65,399
65,536
107,920

11,788
10,437
17,599
16,863
21,964

» 36,850
« 65,295
> 67,495
«71,390
828,499

19,044
20,877
29,081
30,014
17,9S6

January...
February.
March..-...
April

237,097
361,310
414,731
328,350

53,767
48,471
54,408
91,301

243,445
345,494
448,767
437,669

42,164
89,874
138,968
110,326

.130
.119
.179
.177

.154
.149
.137
.192

477,478
354,120
215,872
104,334

192,755
181,330
143,678
110,324

187,877
121,560
97,069
50,337

18,286
21,482
23,235
21,717

50,2S6
66,867
72,200
92,621

34,643
34,000
36,548
33,947

May
June
July
August..

289,995
440,423
465,374
385,361

61,403
31,876
25,200
4,252

413,726
460,982
477,928
409,4*50

76,663
115,781
147,137
174,625

.209
.197
.176
.134

.225
.212
.191
.167

47,077
36,044
30,0S4
36,760

79,517
44,928
22,619
13,757

26,789
11,077
4,400
5,010

14,256
13,100
4,633
3,171

50,550
50,859
55,270
41,959

32,295
22,310
24,046
28,141

September.
October
November.
December..

195,187
121,100
193,273
158,121

9,374
8,505
10,113
13,780

253,146
178,454
225,356
166,746

99,937
84,290
85,527
98,996

.107
.083
.068
.053

.143
.108
.096
.081

138,418
488,958
587,996
593,507

33,221
105,851
166,231
156,801

42,832
190,262
228,073
176,323

5,773
8,671
24,632
43,446

38,010
29,196
17,808
'20,269

29,819
28,249
32,099
23,869

113,618

130,610
261,686
433,186
347,499

105,275
114,476
172,679
245,904

.054
.053
.061
.054

.076
.071
.078
.073

484,832
416,520
299,976
191,526

166,710
168,254
166,078
115,831

171,887
161,809
149,526
79,573

71,291
40,305
36,811
21,489

21,251
34,479
11,162
45,605

22,688
20,297
21,361
20,814

.049
.047
.044
.047

.063
.057
.055
.058

139,471
109,309
94,543
124,377

70,199
47,851
20,113

44,297
30,411
26,228
29,630

19,613
17,747
7,922
6,054

13,967
13,012
16,774
15,065

12,317
7,614
11,120
17,803

.043
.042
.041
.037

.056
.052
.052
.050

381,342
732,570
762,726
618,173

50,576
102,957
111,916
100,167

99,803
186,444
173,574
131,961

8,239
10,744
10,822
12,529

45,177
27,117
48,135
31,785

17,723
21,497
17,565

1920.

1921.
January...
February.
March
April

374,090
385,079

25,583
17,503
11,428
13,022

May
,
June
July
August..,

381,651
166,017
123,782
254,931

60,197
61,040
67,096
59,400

339,850
298,372
414,545

263,539
251,827
159,416
133,421

September.
October....
November.,
December..

141,103
161,695
206,865
176,462

35,617
17,261
16,908
31,817

262,817
277,910
268,283
254,135

137,390
71,664
82,253
62,419

1922.
January..
February.
March
1
With the exception of sugar stocks and meltings reported by the Statistical Sugar Trade Journal. The sources of the other data are: Imports and exports of raw
gar, imports and exports of vegetable oils, from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; Cottonseed and cottonseed oil data from
the U. st Department of Commerce, Bureau of the Census; Wholesale and retail sugar prices from the U. S. Department of Labor, Bureau of Labor Statistics; and Oleomar.
garine consumption from the XT. 8. Treasury Department, Bureau of Internal Revenue,
2
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

* Thesefiguresare for fiscal years beginning July 1.
*
J Includes cottonseed, corn, and linseed oils.
The following oils are included: Chinese nut, cocoa butter, coconut, cottonseed, olive (inedible), olive (edible), palm, palm kernel, peanut, rapeseed, soya bean. Where
Wrtain of these are reported in gallons, they have been converted into pounds, allowing 72 pounds per gallon.
• Colored and uncolored, as represented by tax-paid withdrawals.




90

COFFEE AND TEA.
Table 60.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from Government and non-Government sources*1
[Base year in bold-faced type.]
COFFEE.

TEA.

COFFEE.
Clearances
from Brazil.
Receipts
In
TO
WORLD UNITED Brazil.2 TOTAL.* UNITED
YEAR AND MONTH.TOTAL. STATES.
Visible supply. 1

Imports
Into
U.S.

STATES.*

WORLD
TOTAL.

Relative to
5-year average.

Relative to 1913.

UNITED
STATES.

1918
1919
1920
1921

monthly a v . . .
monthly a v . . .
monthly a v . . .
monthly a v . . .

61
63
66
75

Imports
into
U.S.

Thousands of
pounds.

75,659

8,341

99
107
107
128

1,894
1,593
1,689
1,970
2,633

955
1,151
1,072
1,249
1,009

990
1,207
1,103
1,261
1,014

393
491
474
544
610

84,256
102,438
97,241
107,209

8,151
8,842
8,814
.10,566

121
147
143
148

134
82
92
77

7,187
7,425
7,770
8,891

1,960
1,162
1,691
1,686

1,261
762
558
1,064

813
831
891
1,003

536
359
637
513

91,788
111, 130
108,118
111,956

11,044
6,747
7,567
6,374

1OO
122
111
127
102

1OO
125
121
138
155

111
135
129
142

103
61
89

132
SO
58
111

82
84
90
' 101

136
91
162
131

84
89
104
139

TOTAL.3

into
U.S.

11,797
11,679
9,441
9,200
8,493

100
121
112
131
106

100

Imports
TO
UNITED
STATES.-*

B.—NUMERICAL DATA.
1OO

1913 monthly a v . . . 100
1914 monthly a v . . .
99
1915 monthly a v . . .
80
1916 monthly a v . . .
78
1917 monthly a v . ^ .
72

Receipts
in
Brazil^

Thousands of bags.5

A.—INDEX NUMBERS.

1909-1913 mo. av...

Clearances from
Brazil.

Visible supply/
Imports
into
U.S.

TEA.

100

1920.
January
February
March
April

55
77
72

83
70
74
79

48
42
42
34

84
76
131

93
147
190
82

153
123
151
200

124
95
90
65

6,598
6,472
9,069
8,484

1,571
1,331
1,396
1,503

458
405
397
323

834
748
1,296
883

367
579
746
324

116,032
93,129
131,923
151,501

10,253
7,810
7,384
5,374

May....
June
July....
August.

67
62
59
60

95
79
90
96

36
47
93
146

75
85
73
104

134
138
130
158

. 100
163
176
173

58
104
122
121

7,881
7,272
6,910
7,033

1,792
1,494
1,699
1,823

448
891
1,398

739
841
723
1,026

525
542
510
619

75,350
123,506
133,143
130,636

4,776
8,546
10,080
10,002

September..
October....
November..
December..

66
70
71
74

102
107
107
90

143
150
150
146

130
101
103
94

155
74
118
172

128
128
100
96

102
96
73
51

7,773
8,297
8,379
8,716

1,936
2,026
2,025
1,696

1,365
1,429
1,436
1,397

1,286
1,002
1,017
930

609
290
465
677

96,661
97,127
75,654
72,752

8,441
7,929
6,015
4,198

1921.
January
February
March
April

76
75
76
75

86
87
100
108

120
83
90
10S

100
109
117
97

151
173
181
128

147
172
187
215

33
65
57

9,002
8,902
8,992
8,S42

1,619
1,647
1,901
2,046

1,148
790
857
1,032

1,076
1,154
964

594
680
712
503

110,956
130,413
141,729
162,397

3,247
2,711
5,387
4,711

May....
June....
July....
August.

75
74
73
77

109
108
92
90

104
113
121
127

73
78
99
101

55

53
62
62
95

8,663
8,720
9,034

2,058
2,037
1,747
1,710

994
1,079
1,154
1,216

727
776
975

79

163
101
111
125

218
345
386
310

123,191
76,762
83,703
94,897

4,383
5,094
5,0S0
7,844

121
117
110
123

123
107
116

131
171
199
110

84
103
165
202

102
112
112
135

9,032
8,920
8,867
9,076

1,685
1,306
1,175
1,298

1,156
1,121
1,055
1,171

1,218
1,060
1,145
952

514
673
783
433

63,546
78,174
124,955
152,776

9,220
9,258
11,162

9,263

1,615

September..
October
November..
December..
1933.
January
February
March..:

77
76
75
77

79

85

i Data on coffee except imports received from the New York Coffee and Sugar Exchange, Inc.; imports of coffee and tea from the Department of Commerce, Bureau of
Foreign and Domestic Commerce.
3
Represents total receipts at Rio and Santos.
* Represents total clearances from Rio, Santos, and Victoria.
* Represents total clearances from Rio, Santos, Victoria, and Bahia.
& A bag of collee averages 132 pounds.
* Given as of the 1st day of the month'.




91
TOBACCO.
Table 61.—(A) INDEX NTJMBEKS AND (B) NUMERICAL DATA.
Based on data from Government sources.1

YEAR AND
MONTH.

PRODUCTION.

Chewing,
UnTotal, M a n u smokInclud- facToing,
Cigar ing im- tured L a r g e Small bacco mancigaufacsnuff, types. ported tobac- cigars.* rettes.4 (crop). 6 tured
and
types. co and
leaf.
export
snuflV
types.

STOCKS-*

Chewing,
smoking,
snuff,
and
export
types.

Relative to
1909-13.

Kelative to 1913.

1917 mo. av
1918 mo. av
1919 mo. av
1920 mo.av
1921 mo. av
1920.
January
February
March...
April...
May
June
July
August

Thousands of pounds.

September
October .
November
December
1921.
January
February..
March.
April....
May....
June
July.

100
100
99
100
105

1OO
95
87
93

1OO
108
115
163

104
107
116

110
120
126
124
148

75
77
80
88
92

99
87
112
114
131

109
112
96
90
87

100
93
93
105
90

227
300
341
287
327

125
144
147
159
112

119

77

107

146

89

129

100
95
114
102

105
94
119
105

349
273
337
291

149
127
145
135

104
101
93
94

107
112
108
107

305
315
236
275

151
155

106
89
134
130

95
81
54
48

108
112
106
80

274
. 296
272
217

156
148
148
159

119
125
85
145

73
81
96
84

73
79
89
87

301
318
345
293

149
133
145
138

85
93
87
100

89
98
89
99

319
326
321
396

94
89

128
151
169
168

94
101
83
68

97
101
98
73

370
377
326
231

95
100
102
112

105
138
93
124

118

105

90

103

131

80

117

168

99

147

152

97

135

August
September
October
November
December.
1922.
January.
February
March

140

145

91

85

125

127

Thousands.

1OO

100
101
109
99

95

Small
cigarettes.*

Tobacco
(crop).*

Unmanufactured
leaf.

Thousands
of pounds.

B.—NUMERICAL DATA.

100
93
98
85

125

PRODUCTION.

ManufacTotal,
Cigar Including tured Large
types. imported tobac- cigars.i
types. co and
snufl.s

A.—INDEX NUMBERS.
5 yr.av. (1909-13)
1913 mo. av
100
1914 mo. av
103
1915 mo. av
113
1916 mo. av
105

EXPORTS.

STOCKS. 3

EXPORTS.

[Base-year in bold-faced type.]

92
114
126

810,469
835,462
915,451
853,156

369,802
344,971
361,114
313,142*

67
107
203
124
137

889,484
970,465
1,018,253
1,001,387
1,199,209

277,846
283,495
296,095
323,643
340,656

,234,013 36,990
1,244,524 36,745
1,343,396 36,863
1,225,555 38,847

996,176 31,417
£30,959 1,296,308
597,849 1,404,636 1,034,679 28,827
549,932 1,497,029 1,062,237 35,877
586,844 2,107,525 1,153,278 39,784

1,217,963
1,073,084
1,381,713
1,408,311
1,621,288

40,248
41,423
35,339
33,324
32,20S

629,991
587,796
589,363
661,418
566,478

2,944,272
3,8S8,075
4,426,649
3,718,526
4,236,256

962,807 283,304 1,318,131

37,035
35,034
42,127
37,811

633,634
593,832
753,240
663,578

4,528,761
3,536,118
4,373,779
3,774,900

46,750
39,764
45,411
42,386

38,450
37,197
34,239
34,842

676,228
708,112
678,752
672,020

3,953,345
4,088,835
3,053,337 1,500,800
3,569,397 1,544,489

33,303
28,041
42,067
40,958

35,250
30,075
20,150
17,683

678,640
704,799
668,060
506,126

3,557,482 1,553,812
3,840,335 1,478,788
3,529,200 1,476,444
2,816,818 1,582,225

37,261
39,394
26,628
45,408

27,153
30,007
35,478
31,056

462,798
496,724
561,344
584,103

3,901,560
4,119,377
4,470,292
3,801,672

46,852
41,735
45,445
43,320

31,351
34,539
32,018
36,873

558,479
618,495
$64,598
622,039

4,136,085
4,219,727
4,161,218
5,130,577

932,157
889,266

40,220
47,328
53,156
52,815

34,803
37,414
30,772
25,035

614,428
635,808
615,251
463,664

948,324
4,791,398
991,564
4,877,826
4,229,402 1,020,874
2,995,935 1,117,682

33,009
43,465
29,236
38,772

1,179,823 328,725 1,590,625

1,013,719 350,693 1,452,962

849,199 331,849 1,271,525

1,061,696 297,472 1,446,914

1,363,499 367,854

1,818,781

1,235,156 359,095 1,672,017

!

1

1,136,484

338,202

X174,808

1,249,276
1,439,071
1,465,481
1,582,225
1,117,682

21,186
33,656
63,826
38,973
42,946

313,314 1,651,848

1,547,440

1
Stocks held by manufacturers and dealers reported by the Ut S. Department of Commerce, Bureau of the Census; Production of manufactured tobacco and snuff, cigars
^ c i g a r e t t e s by the US. Treasury Department, Bureau of Internal Bevenue; Crop production by the U.S. Department ofAgriculture, Bureau of "arketsand Crop Estimates;
•Exports of leaf tobacco b y the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
j Held by manufacturers and dealers on first day of each quarter. Yearly figures are quarterly averages.
a
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
16 a b
V
° v e amount. Likewise they report the number of large and small cigarettes, the former weighing more than three pounds per thousand. Large cigars and small

•Yearly figures on crop production represent the latest estimates as reported by the U. S. Department of Agriculture, Bureau of Markets and Crop Estimates.
onthly figures for 1920 and 1921 are the current monthly estimates of total production.




The

92

FOREIGN TRADE OF THE UNITED STATES,
Table 62.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]
IMPORTS BY GRAND DIVISIONS—
FROM NORTH
AMERICA.

FROM EUROPE.
YEAR AND MONTH.

Total.

GerFrance* many.

Italy.

United
Kingdom.

Total. Canada.

FROM SOUTH.
FROM ASIA
FROM
AMERICA.
AND OCEANIA* AFRICA
Total.

Argentina.

GRAND
TOTAL.
Total.

Japan.

Total.

Relative to 1913.
1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average.
average.
average.
average.
average.

100
91
63
73
64

100

1918 monthly
1919 monthly
1920 monthly
1921 monthly

average.
average.
average.
average.

37
87
142

43
S9
119
102

75
56
78
71

100
106
95
112
103

100
113
131
169
224

125
167
291

100
116
163
216
302

0
6
48
44

44
107
136
113

55
114
188
88

250
297
445
194

318
348
430
236

308
347
384
149

779
813
234

24
3
0

100
115

100
220
370
455
697

100
100
116
193
271

100
107
109
184
256

1OO
83
146
261
308

100
100
99
133
165

330

100
100
93
109

100
81

207

305
414
419
254

360
473
630
170

1C9
21S
295
140

317
313
351
332

378
467

1920.
January...
February.
March
April

155
148
174
155

129
110
146
126

29
25
46
41

216
179
155
157

221
229
265
233

579
422
451
427

363
335
349
342

472
411
442
460

1,002
709
901
1,013

552
487
576
540

678
524
568
512

1,028
1,397
1,376
1,387

May....
June
July....
August.

128
165
165
159

91
140
146
131

32
56
6S
81

138
119
153
117

193
219
205
192

460
662
597
517

411
407
361
502

384
491
440
383

1,084
791
868
785

448
501
530
601

371
491
482
490

414
307
604
474

September.
October
November.
December..

126
122
114
94

106
101
101
103

63
52
49
37

95
115
102

151
148
118
85

325
311
313
274

456
604
532
502

378
287
243
218

1,074
703
380
444

381
369
358
266

323
257
189
145

214
35
152
175

243
224
215
178

January...
February.
March....
April

83
76
107
96

100
123
100

30
32
48
43

72
45
115
117

77
83120
115

198
243
284
276

278
264
264

186
160
198
185

249
395
251

189
195
172
232

108
142
130
287

222
159
256
208

140
144
169
170

May....
June...,
July....
August.

84
76
79
82

42
45
54
48

155
107
109
134

85
65
66
71

214
168
146
156

221
197
199
200

141
119
119
144

228
191
218
312

186
204
200
227

276
246
304
311

115
15S
82
71

137
124
110
130

44
50
39
47

118
150
122
117

81
85
97
109

143
165
173
159

204
248
243
226

103
107
162
164

132
141
225
202

194
179
202
300

275
207
273
4S8

62
143
218
345

120
126
141
159

370
360
344

1921.

September.
October
November..

December...

93
97
101

102

94
117
92
120

1922.
January...
February.
March




See footnotes on opposite p a g e .

93

FOREIGN TRADE OF THE UNITED STATES.
Table 63.—NUMERICAL DATA.
From Government sources*1
[Base year in bold-faced type; index numbers on opposite page]
IMPORTS BY GRAND DIVISIONSFROM NORTH
AMERICA.

FROM EUROPE.
YEAR AND MONTH.

Total.

France.

Germany.

Italy.

United
Kingdom.

Total.

Canada.

FROM SOUTH
AMERICA.
Total.

Argentina.

FROM ASIA
FROM
AND OCEANIA. AFRICA
GRAND
TOTAL.
Total.

Japan*

Total.

Thousands of dollars.
8 1 1 , 5 7 8 §15,351 8 4 , 6 1 0
8,685
12,449
4,601
6,493
3,746
4,297
9,074
5,020
485
8,220
3,040
13

822,6G3 8 3 2 , 4 8 5 811,844
23,949
36,783.
13,669
21,525
42,455
14,800
25,457
54,870
19,771
23,340
34,473
72,665

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average.
average.
average.
average.
average.

872,056
65,293
45,529
52,776
45,929

1918 monthly
1919 monthly
1920 monthly
1921 monthly

average.
average.
average.
average.

26,510
62,544
102,337
63,745

4,959
10,318
13,807
11,824

26
884
7,417

2,028
4,922
6,274
5,191

12,385
25,766
42,702
19,900

81,218
96,481
144,535
52,894

37,641
41,225
50,969
27,953

50,911
57,294
63,448
24,635

1920.
January
February
March
April

112,030
106,744
125,463
111,347

14,9S1
12,678
16,939
14,628

4,386
3,882
7,094
6,369

9,942
8,252
7,139
7,242

50,183
51,991
60,045
52,890

188,122
136,970
146,499
138,822

43,051
39,646
41,321
40,509

May....
June....
July....
August..

91,962
118,561
118,865
114,752

10,488
16,104
16,960
15,154

4,850
8,540
10,436
12,490

6,380
5,504
7,035
5,388

43,796
49,575
46,524
43,415

149,507
215,009
193,624
167,903

September.
October....
November.
December..

91,048
87,802
82,039
67,433

12,325
11,749
11,717
11,896

9,705
8,022
7,558
5,666

4,035
4,365
5,320
4,688

34,225
33,617
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

6,785
7,624
5,914
7,372

S16.522 8 2 , 1 3 1
19,127
4,690
26,857
7,890
35,634
9,691
49,902
14,855

820,344 $8,245

81,978
1,638
2,887
5,158

8149,383
149,100
148,216
199,303
246,039

26,265
30,4S9
50,8G5
71,455

8,808
9,026
15,174
21,139

19,032
16,597
17,318
4,994

86,837
99,696
123,139
54,447

25,162
34,154
34,573
20,939

7,126
9,349
12,465
3,365

252,601
325,364
440,090
209,085

J7,939
67,907
73,010
76,014

21,344
15,104
19,190
21,581

145,479
128,390
151,790
142,131

55,928
43,225
46,871
42,182

20,334
27,623
27,217
27,428

473,904
467,634
523,978
495,741

48,704
48,181
42,720
59,504

63,404
81,167
72,721
63,301

23,104
16,853
18,502
16,734

117,943
132,069
139,722
158,211

30,627
40,510
39,744
40,389

8,189
6,070
11,939
9,384

431,005
552,875
537,170
513,551

105,545
101,174
101,793
89,148

53,974
71,511
62,975
59,507

62,500
47,369
40,106
35,939

22,883
14,971
8,098
9,454

100,346
97,218
94,228
70,135

26,664
21,224
15,573
11,939

4,227
700
3,015
3,457

363,667
334,264
321,181
266,113

17,438
18,885
27,090
26,172

64,179
78,798
92,112
89,669

34,232
32,874
31,215
31,285

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

203,797
214,530
251,969
254,579

7,131
4,946
5,018
5,728

19,374
14,842
14,984
15,983

69,603
54,575
47,351
50,583

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

5,438
6,917
5,607
5,393

18,299
19,215
21,888
24,626

46,349
53,443
56,317
51,747

24,189
29,416
28,767
28,709

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
237,373

1922.
January.,
February.
March....
1 * tComPUed by the U. 8. Department of Commerce, Bureau of Foreign and Domestic Commerce, and represent imports of merchandise only. Up to and including May,
. » imP<>rt valuesrepresented "actual market value or wholesale price at the time of exportation to the United States, in the principal markets of the country from whence
p o r t e d , including the value of all containers and coverings, whether holding liquids or solids, and all other costs, charges, and expenses incident to placing the merchan~ T l n co&dition, 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
1W1 \ ' a 3 d e f l n e d a b o v e » o r " t h e ex Port value, including any export tax imposed by the country of exportation," whichever is higher. (Emergency tariff act of May 27,




94

FOREIGN TRADE OF THE UNITED STATES,
Table 64.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year" in bold-faced type; numerical data on opposite page.]
EXPORTS BY GRAND DIVISIONS.

YEAR AND MONTH.

Total. France*

Germany.

TO SOUTH
AMERICA.

TO NORTH
AMERICA.

TO EUROPE.

Italy.

United
Kingdom.

Total* Canada.

Total.

Argentina.

TO ASIA AND
TO
OCEANIA.
AFRICA
GRAND
TOTAL.
Total.

Japan*

Total*

1OO
85
116
226

100
67
73
175
298

100
88
128
187
178

100
85
143
221
251

438
586
605
377

205
338
573
252

248
319
331
181

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

1918 monthly
1919 monthly
1920 monthly
1921 monthly

average.
average.
average.
average.

257
346
298
15S

605
580
439
146

January..
February.
March
April

366
307
372
291

May....
June
July....
August.

307

100
45
3
1

100
124
343
386
533

100
102
203
319
340

100
80
93
154
210

1OO
77
86
150
206

1OO
62
98
150
213

100

220
216
321
188

220
182
236
147

207
301
426
187

191
284
202

290
432
502
311

49

140
195

26
88
106

563

274

349
386
309
160

523
511
553
449

50
63
71

004
398
568
658

435
344
449
272

269
249
306
305

217
188
239
146

325
331
442
385

306
253
369
325

496
498
749
617

931
670
1,424
1,055

173
401
715
569

319
312
39G
331

71
67
96

234

443
237
460
299

501
334
442
274

308
244
262
242

350
331
318

273
305
293
266

477
379
367
382

373
297
348
367

567
559
489
386

839
679
407
305

883
613
611
552

304
315
280

September.
October
November..
December..

251
339
286
311

368
617
460
296

68
111
120
199

448
544
412
487

289
327
254
282

336
358
339
323

261
258
206
184

446
490
535
551

475
477
568
506

354
414
398
500

190
232
173
352

317
710
639
688

292
363
327
348

1021.
January..,
February.
March
April

260
191
159
140

279
159
153
106

166
132
104
65

448
397
258
208

225
190
159
171

316
222
192
188

162
134
143
146

503
318
234
170

529
359
266
160

550
493
311
256

440
423
315
233

B76
506
365
240

316
235
187
164

May....
June
July....
August.

141
142
147
165

77
99
109
117

70
105
124
130

344
347
209
213

163
131
145
183

179
184
174
204

150
146
155
203

148
143
127
114

168
161
158
120

234

233

236
328
280
218

193
167
154
174

159
163
157
177

September..
October
November..
December...

142
157
,123
124

163
202
150
134

125
90
83
74

150
283
202
229

121
173
123
140

174
154
143
121

167
133
123
104

114
125
109
133

113
116
111
158

253
293
296
340

374
483
502
530

110
173
202
167

157
166
142
143

473

1920.

237
273

January...
February.
March




See footnotes on opposite page.

263
204

95

FOREIGN TRADE OF THE UNITED STATES.
Table 65.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
EXPORTS BY GRAND DIVISIONS—
TO NORTH
AMERICA.

TO EUROPE.

TO SOUTH
AMERICA.

YEAR AND MONTH.

Total.

GerFrance. many.

Italy.

United
Kingdom.

Total.

Canada*

Total.

Argentina.

TO ASIA AND
TO
GRAND
OCEANIA.
AFRICA TOTAL.
Total.

Japan.

Total.

85,308
3,479
8,811

8307,003

15,528

83,411
2,110
3,095
4,501
4,282

Thousands of dollars.
1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average.
average.
average.
average.
average.

8124,964 813,827 829,328 $ 6 , 5 5 6
8,161
14,175
13,191
111,608
22,477
214,451
41,733
981
25,294
317,773
71,735
188
34,920
338,538
78,399
<*)
2

349,228
49,984
99,870
157,282
167,450

550,098
40,132
46,567
77,046
105,081

833,599 813,310 84,583
7,5S4
2,261
25,885
28,754
50,409
69,077

12,011
18,356
25,991

4,403
6,406
8,925

817,319
14,700
20,099
39,211
45,567

25,226
36,812
51,995
22,777

8,759
12,992
17,811
9,236

50,250
74,775
86,956
53,782

22,815
30,530
31,497
19,620

4,933
8,160
13,806
6,073

512,424
660,035
685 917
373,709

176,135
296,223
456,887
519,459

321,558
432,306
372,351
196,993

77,600
74,447
56,279
18.745

<)
7,730
25,952
31,027

41,015
36,890
30,981
17,955

171,774
189,880
152,132
78,926

110,457
107,983
160,809
94,136

73,906
61,187
79,384
49,473

1930.
January.,.
February
March
April
,...

457,507
384,052
465,354
364,094

67,074
65,520
70,882
57,622

14,675
18,599
20,940
23,471

39,620
26,084
37,210
43,143

214,088
169,122
221,119
133,714

134,898
124,817
153,294
152,653

72,856
63,316
80,341
48,980

39,633
40,441
53,992
47,027

14,008
11,612
16,925
14,869

85,848
86,167
129,673
106,834

48,479
34,884
74,159
54,967

4,179
9,667
17,242
13,712

722,064
645,145
819,556
634,319

May
June
July.....
August.,

383,572
296,133
341,087
293,034

56,845
36,800
58,962
38,322

20,848
19,700
28,026
19,422

32,854
21,915
28,980
17,952

151,819
120,155
128,895
119,306

184,298
91,700
175,315 * 102,323
98,484
166,072
89,244
159,257

58,224
46,256
44,869
46,643

17,094
13,587
15,923
16,817

98,134
96,894
84,625
66,804

43,702
35,355
21,188
15,880

21,295
14,779
14,729
13,314

745,523
629,377
651,382
579,053

September.
October
November.
December..

313,413
423,883
357,498
388,587

47,205
79,093
59,010
38,012

19,797
32,449
35,061
58,439

29,375
35,694
26,997
31,945

142,485
160,974
125,061
138,851

168,532
179,239.
169,618
161,709

87,675
86,644
69,340
61,700

54,447
59(828
65,286
67,295

21,782
21,858
26,045
23,207

61,268
71,663
68,893
86,670

9,904
12,067
9,023
18,353

7,632
17,116
15,411
16,592

605,291
751,729
676,708
720,853

1931.
January.
February
March
April

325,219
238,816
199,256
175,139

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
48,98S

61,430
38,804
28,621
20,718

24,228
16,441
12,166
7,345

95,201
85,361
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
340,364

May
June
July
August.,

176,799
177,814
183,195
206,228

9,863
12,708
13,946
15,050

20,485
30,796
36,324
38,284

22,537
22,743
13,674
13,944

80,288
64,439
71,315
90,257

89,647
92,071
87,357
102,141

50,483
49,100
51,996

18,036
17,496
15,548
13,919

7,690
7,388
7,257
5,486

40,586
45,483
35,374
40,402

12,307
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..

177,246
196,054
153,088
155,062

21,579
25,849
19,262
17,249

36,774
26,266
24,326
21,786

9,857
18,554
13,249
15,001

59,475
84,951
60,640
69,098

87,138
77,128
71,646
62,207

55,972
44,750
41,195
35,109

13,920
15,308
13,320
16,201

5,179
5,318
5,100
7,235

43,897
50,677
51,256
58,804

19,499
25,159
26,126
30,718

2,662
4,163
4,866
4,031

t324,063

1918 monthly
1919 monthly
1920 monthly
1921 monthly

average.
average.
average..
average.

343,331
294,176
296,306

1932.
January
February
March.

I
1

Compiled by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, and represent exports, including re-exports, of merchandise only. Values
are those at time of exportation in the po rts of the United States whence exported, except re-exports from bonded warehouses, which are expressed in their import value.
* Total for year 1917 is $3,275. No figures for 1918.




96

FOREIGN EXCHANGE.
Table 66.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]
EUROPE.

YEAR AND MONTH.

Ensland. France. Italy.

Belgium.

THE AMERICAS.

ASIA.

Ger- Nethermany. lands.

Sweden.

Switz3
erland. Japan. India.

Canada.

Argentina. Brazil.

Chile.

Index
numbers, a

Relative to par.
Par value
1914 average.
1915 average.
1916 average.
1917 average.
1918 average.
1919 average.
1920 average.
1921 average..

93
91
75
79

1930.
January
February
March
April

75
69
77
81

100

100.
106
9S
9S

100

100

84

119
98
88
90

107
103
101
97

94
93
92
92

77
69
76
82

93
85
88
93

100
98
95
97

91
90
87
82

79
81
82
77

92
94
91

103
103
103
103

84
79
75

37
36
33
32

78
77
75
77

75
74
71
73

84
82
80
80

103
103
102
101

63
61
55

18
19
20
24

35
39
38

82

81

93

86

80
83
85
8S

27

88
83
79
77

88
84
79
79

79
83
83
91

81
85
87
91

59
26
22

66
38
38

13
7
5

44
37
39
35

7
5
5

32

37
29
28
23

May
June
July
August.,

79
81
79
74

36
41
42
37

27
31
30
25

37
43
45
40

9
11
11

September.
October—
November.
December..

72
71
71
72

35
34
31
31

22
20
19
•18

January.. February.
March
April

77
80
80
81

33
37
36
38

May.....
June
July
August-,

82
78
75
75

43
42

26

September.
October
November..
December...

77
79
82

•

44
36
37

40

23

40

•22

43
42
40
39

38

22
21
.21
23

37
37
36
39

38
37
40

7

97

85
86

97

90

97

93

97
96

86
87

97
97

94
97
101

1922.
January
February
March




100

95
76
84

92
71
36
39

8

100

100
98
99
102
103

100
101
87
80
71

9

100

100
101
97
99
109

103
94
88
90

See footnotes on opposite page.

96

100

100

100

100

100

100
103

83
80
54

90
98

96
81

92
87

92

59
57
53
54

90
88

90
91
86

88

54
50
47
50

90
91
92
93

104
103
94
76

78
82
69
40

115
94
62

68
54

102
102
102
102

85
81
82
83

106
109
110
109

78
70
72
73

101
100
96
90

82

101
97
98

72

77
70

56
54
51
47

83
81
77

47
48
47
43

74

42

72

36

63

90

32
36

72
76
76
78

74
74

64

84
80
82

90

54
56
55
56

72
73
77

38

80
72
73

73
74
76

67
61
5S
55

54
55.
54
57

61
56
53
52

65
59
53
52

55
60
56
55

51
46
51
55

97
FOREIGN EXCHANGE.
Table 67.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on the opposite page.]
EUROPE.
England.

YEAR AND MONTH.

France.

Italy.

Belgium.

Germany.

ASIA.
Nether- Sweden. Switzerland.
lands.

Rate per Rate per Rate per Rate per Rate per Rate per Rate per Rate per
pound
franc.
franc.
lire.
mark.
florin.
krone.
franc.
sterling.
S4.87
5.14
4.78
4.76
4.76

S0.193
.199
.182
.170
.174

$0,193
.195
.169
.155
.137

191S average . . . . . . .
1919 average
1920 average
1921 average

4.76
4.43
3.66
3.85

.178
.137
.070
.075

.134
.114
.050
.043

.128
.074 •
.074

.030
.018
.011

.391
.344
.337

1920.
January ..
February
March...
April.

3.68
3.38
3.73
3.93

.085
.070
.072
.062

.071
.055
.053
.045

.085
.072
.075
.067

.017
.011
.013
.017

May
June
July
August

3.85
3.95
3.86
3.62

.069
.080
.081
.072

.052
.059
.058
.049

.072
.083
.086
.077

September
October
November
December

3.51
3.47
3.44
3.49

.067
.065
.060
.059

.043
.039
.036
.035

1921.
January... .
February
March
April....

3.74
3.88
3.91
3.93

.064
.072
.070
.072

May....
June
July
August

3.98
3.78
3.63
3.65

September....
October
November
December

3.72
3.87
3.97
4.16

Par value
1914 average
1915 average
1916 average
1917 average

.

$0,193

$0,238

$0,402

$0,268

Japan.

THE A M E R I C A S .

India.'

Rate per Rate per
yen.
rupee.

$0,193
.194
.187
.191
.211

$0,499
.491
.495
.507
.513

.255
.205
.226

.229
.190
.169
.174

.533
.512
.504
.483

.403
.389
.263

.378
.373
.368
.371

.207
.186
.203
.219

.179
.165
.170
.179

.500
.490
.475
.486

.022
.026
.025
.021

.366
.361
.350
.329

.212
.218
.219
,206

.177
.182
.176
.167

.072
.069
.064'
,062

.017
.015
.013 '
.014

.313
.309
.302
.310

.202
.197
.191
.196

.035
.036
.p38
.046

.068
.075
.074
.074

.016
.016
.016
.016

.329
.342
.344
.348

.084
.081
.078
.078

.053
.050
.045
.043

.084
.080
.076
.075

.016
.014
.013
.012

.073
.073
.072
.078

.042
.040
.041
.044

.072
.071
.069
.075

.010
.007
.004
.005

$0,487

C a n a d a . Argentina.

Brazil.

Chile.

Rate per Rate per Rate per Rato per
gold
paper
dollar.
milreis.
peso.
peso.
$0,965

S0.324

.941
.964
.997

.234
.236
.249

.956
.893
.812

, .999
.990
.907
.731

.253
.267
.225
.131

.226
.184
.120

.440
.476
.478
.468

.915
.865
.894
.916

.982
.985
.987
.983

.275
.262
.265
.268

.207
.213
.214
.213

.515
.514
.516
.516

.433
.410
.384
.364

.900
.882
.881
.8S6

.971
.961
.923
.871

.268
.251
.228
.207

.197
.190
.191
.181

.163
.159
.155
.154

.514
.513
.508
.503

.336
.306
.297
.269

' .904
.909
.893
.863

.846
.814
.769
.787

.183
.175
.166
.153

.168
.156
.140
.142

.214
.223
.228
.236

.157
.164
.171
.174

.487
.487
.486
.485

.286
.277
.260
.263

.876
.881
.878
.891

.794
.804
.782
.739

.151
.156
.151
.140

.143
.144
.148
.130

.356
.333
.318
.310

.235
' .226
.210
.211

.179
.170
.165
.168

.485
.480
.480
.484

.265
.245
.231
.242

.897
.8S8
.882
.898

.718
.699
.658
.666

.137
.116
.104
.118

.119
.109
.104
.102

.317
.335
.335
.363

.218
.229
.232
.245

.172
.182
.188
.194

.4S2
.477
.479
.470

.264
.274
.269
.274

.899
.914
.915
.928

.696
.731
.735
.748

.124
.127
.126
.127

.107
.117
.110
.108

$1,000

80.195 <

1922.
January..
February..
March
1
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
918, inclusive, where given, are weekly averages of commercial quotations from the Annalist.
* parity established October, 1920. Prior to that, par value of the rupee was 32.44 cents.
• T h e foreign exchange index number recently computed by the Federal Reserve Board is based upon the average rates of exchange for 18 countries. The index represents the weighted geometric average of cable transfer rates on these countries. The weights used are based on the total volume of imports and exports of merchandise,
gold, and silver from and to each country for the preceding month. The countries used in computing the index are Belgium, Denmark, England, France, Germany,
«aly Netherlands, Norway, Spain, Sweden, Switzerland, Canada, Argentina, Brazil, Chile, China, India, and Japan.
Average value of the paper peso in 1913.

84796°—22—7




98
TRANSPORTATION—WATER.
Table 68.—IffDEX JTCTMBEKS.
Based on data from Government sources.1
[Base year numbers in bold-faced type; numerical data on opposite page.]
VESSELS IN FOREIGN TRADE.

CARGO T R A F F I C T H R O U G H C A N A L S .
Sault
Ste.
Marie
Canal.*

Panama

Entered.

SHIPBUILDING,

Cleared.
Under
. con-

struction.*

Y E A R AND MONTH.

I n AmeriIn
c a n ves- British
sels.
vessels.

Total
traffic.

Total
cargo.

Ameri-

Foreign.

average.
average.
average.
average.
average.

1918 monthly
1919 monthly
1920 monthly
1921 monthly

average.
average.,
average..
average..

100
39
67
96
126
208

154

100
63
144

119
85
129

154
141
192

100
71

American.

Foreign.

Total.

Relative
to 1920,

Relative to 1913.

Relative to 1915.
1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

Total.

100
69
. 89
115
113

100
88
113
129
141

100
93
85
86
74

107

131
155
228
221

Completed.5

Relative
to 1919.

100

100
93
87
90
76

100

80
107
123
133

90
93
99
92

21

65
63
82
79

82
86
120
117

125
167
227
201

68
68
87
84

84
95
126
116

53

62
100
67
30

127
142
179
179

54

100
91
92
97.
92

47
51
56
57

68
72
89

155
136
163
200

60
50
63
61

87
74
91
100

59
69
82
108

72
75
79
72

100

1920.
January..
February.
March
April

244
216
244
, 264

116
101
125
129

220
192
114
213

May....
June....
July
August.

312
218
238
294

153
147
142
173

239
205
218
255

85
107
116
125

223
256
264
293

74
102
108
111

114
142
150
159

218
256
264
289

75
97
112
121

115
141
154
166

120
118
113
116

53
72
61
73

September.
October.
November..
December..

279
237
217
259

168
179
188
183

248
243
242
264

118
130
95
15

265
273
275
257

105
101
85
83

147
146
135
129

274
280
264
223

109
116
89
91

155
162
138
128

107
107
104
97

74
65
61
50

January..
February.
March
April

250
239
209
203

230
146
221
169

274
234
266
223

67
61

10

213
195
202
212

73

106
97
104
107

175
161
168
203

70
66
74
74

104
93
100
112

92
85
78
64

60
32
42
34

May....
June
July....
August..

22S
187
173
209

126
106
131
110

195
171
174
206

62
81
82
75

210
226
221
245

91
97
101

120
124
128
139

162
237
201
206

90
96
104
100

112
137
131
129

56
50
45
44

31
47
24
22

September.
October
November..
December..

211
210
195

114
200
126

185
242
210

65
67
33
10

228
232
247
217

85
79
72
71

122
119
118.
109

247
216
220
105

90
83
68
80

134
120
110
112

38
32
28
26

26
14
18
13

1921.

1922.
January..,
February..
March




£tae footnotes on opposite page.

99

TRANSPORTATION—WATER.
Table 69.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
CARGO TRAFFIC THROUGH CANALS.
Sault Ste.
Marie
Canal. 3

Panama Canal. 1
YEAR AND MONTH.

In
American
vessels.

In
British
vessels.

VESSELS IN FOREIGN TRADE,

Total
traffic

Total
cargo.

Entered.

Ameri- Forelgn.

Thousands
of short
tons.

Long tons.

SHIPBUILDING.

Cleared.

Total.

American.

Underconstruction.*
Foreign,

Completed.&

Total.

Gross tons.7

Thousands of net tons. •

9,965
6,921 *
8,911
11,486
11,227

1,174
1,033
1,333
1,512
1,658

3,364
3,028
2,768
2,803
2,416

4,440
4,061
4,101
4,315
4,074

1,250
1,000
1,340
1,537
1,666

3,233
3,017
2,826
2,895
2,467

4,433
4,017
4,166
4,433
4/133

31,881
20,354
18,760
27,118
75,112

10,710
8,529
8,809
5,362

1,538
1,828
2,677
2,592

2,121
2,064
2,667
2,590

3,659
3,892
5,344
5,1S2

1,563
2,083
2,836
2,507

2,184
2,189
2,816
2,704

3,748
4,271
5,652
5,211

1,155,691
G13,O17

218,549
351,158
235,945
* 105,973

894,628
780,488
466,043
867,521

537

1,494
1,674
2,104
2,100

1,523
1,668
1,837
1,870

3,010
3,342
3,940
3,970

1,933
1,702
2,040
2,504

1,950
1,628
2,041
1,961

3,8S3
3,331
4,OS1
4,465

679,171
791,911
947,193
1,252,096

253,579
261,959
278,214
251,442

280,306
269,390
260,703
316,497

974,919
834,421
886,814
1,040,740

8,421
10,648
11,577
12,425

2,020
3,005
3,108
3,444

2,430
3,320
3,539
3,611

5,050
6,325
0,b47
7,055

2,730
3,199
3,303
3,616

2,436
3,142
3,610
3,930

5,166
6,341
6,919
7,546

1,391,341
1,360,643
1,306,956
1,335,721

185,053
251,539
214,840
257,765

508,660
431,987
396,372
472,520

307,941
328,812
343,902
334,890

1,009,557
991,066
984,910
1,076,539

11,748
13,000
9,420
1,505

3,114
3,209
3,235
3,024

3,427
3,281
2,771
2,724

6,541
6,491
6,000
5,748

3,422
3,500
.3,302
2,7S6

3,514
3,757
2,S6S
2,949

6,935
7,257
6,171
5,735

1,236,547
1,236,277
1,206,486
1,123,946

2.59,011
226,603
213,957
176,781

1921.
January
February
,
March
April

456,430
435,024
381,256
369,693

421,485
268,430
404,396
310,252

1,117,053
952,904
1,084,563
907,613

957

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
2,09S
2,536

2,455
2,149
2,396
2,474

4,646
4,167
4,494
5,010

1,067,293
977,903
901,229
734,904

205,967
111,609
145,852
120,508

May.....
June
July
August..

415,794
341,235
316,221
3S0,367

230,217
194,407
239,850
202,004

792,735
694,720
708,982
839,273

6,155
8,079
8,139
7,498

2,463
2,054
2,593
2,8S5

2,861
2,962
3,164
3,287

5,324
5,016
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

645,224
581,631
519,564
513,863

109,393
164,335
84,918
78,415

September.,
October
November..
December..

3S4,101
383,083
356,019

209,475
367,495
236,625

754,894
985, 775
855,440

6,4S2
0,652
3,265
1,031

2,676
2,718
2,895
2,553

% 759
2,577
2,350
2,30G

5,435
5,295
5,245
4,859

3,092
2,702
2,748
2,434

2,903
2,696
2,200
2,5S6

5,995
5,393
4,949
5,021

439,735
365, CS6
319,426
29(5,944

• 89,709
50,265
61,599
46,108

1913 monthly average,
1914 monthly average
1915 monthly a v e r a g e . . 1 8 2 , 3 2 5
70,738
1916 monthly average..
122,977
1917 monthly a v e r a g e . .

183,37G
130,888
282,813

407,371
257,843
588,214

174,856
229,907
378,928

217,973
156,412
235,856

627,669
576,385
781,208

1920.
January
,
February
March
April..

445,074
392,995
444,178
481,697

211,856
186,093
229,582
235,709

May
,
June....,
July
August..

568,508
396,877
434,619
535,754

September.
October
November.,
December..

1918monthly
1919 monthly
1920 monthly
1921 monthly

average..
average..
average..
average.

1922.
January
February
March...
. x Panama Canal traffic reported b y The Panama Canal; Tonnage entered a n d cleared i n foreign trade, U* S. Department of Commerce, Bureau of Foreign and Domestic
Commerce; Vessels under construction a n d vessels completed, Z7. S. Department of Commerce, Bureau of Navigation; Sault Ste. Marie Canal traffic, U. S. War Department,
Engineer Corps,
2
Represents tonnage of cargo carried by commercial vessels* Yearly figures refer tofiscalyears ending June 30.
8
Figures for 1913 to 1920 represent monthly averages for eight months during which the canals are open.
4
Tonnage under construction refers to the gross tons of shipping, building or under contract to build for private owners. Does not include Government ship? or ships
building or contracted for by U. S. Shipping Board.
6
* n c l u d e s ocean-going, lake and river vessels built and officially numbered by the U. S. Department of Commerce, Bureau of Navigation. Includes vessels of the U. S.
ppuig Board and private American owners, but not vessels built for foreign owners.
* Net ton represents 100 cubic feet internal carrying capacity after prescribed allowances for crew and engine space.
Gross ton represents in units of 100 cubic feet the entire cubical capacity of tho vessel, including crew and engine space.




100

FREIGHT-CAR MOVEMENT.
Table 70.—INDEX NXTMBEES.
Based on data from commercial and trade sources*1
[Base year in bold-faced type; numerical data on opposite page.]

SURPLUS. 2

YEAR AND MONTH.

Box
cars.

Total
cars.3

Coal
cars*

BADORDER
CARS.8

SHORTAGE.*

Box
cars.

Coal
cars.

Total
cars.'

av.,.
av...
av...
av...
av...
av...

100
' 110
87

100
106
84

1OO
118
46

1OO
103
96

100
106
94

292
200
275
208

530
459
468
589

377
282
362
317

102
98
102
109

98
90
81
69

110
90
89
79

113
102
106
91

102
106
113
108

26
32
40
43

98
94
101
87

102
97
101
88

00

301
333
314
418

754
907
1,073
1,070

438
509
520
609

93
113
112
115

74
82
87
102

93
83
81
83

95
102
109
118

113
111
103
119

124
186
190
197

97
98
126
113

101
106
109
120

1
2
26
108

217
96
15
4

570
656
264
51

332
229
81
16

112
98
90
89

94
102
107
86

111
127
121
122

110
109
99
85

213
201
117
46

111
115
101
91

. H8
124
109
98

120
229
337
303

171
218
262
255

2
2

3
2

3
3

103
94
95
86

96
86
79
82

99
84
75
74

79
94
90
84

24
24
18
15

79
84
93
95

85
85
87
87

189
178
113
84

218
215
214
173

208
197
170.
130

98
104
145
154

81
83
73
84

89
88
82
88

87
88
73
79

63
78
81
$5

96
97
95
103

95
95
94
101

51
28
139
233

130
43
176 293

142
130
97
108

91
112
96
88

92
111
87
74

82
92
86
79

76 57
21
15

108
118
99
90

105
116
94
85

2
(»)
(•)
(*)

1
(•)
1

00

3
42
182

2
<*) .
2
23

1921.
January
February
March
April

218
211
208
217

May
June
July
August..... . .
September
October
November
December

1




Relative to 1919.

100
91
<88

4

1932.
January
February:
March

Ore.

100
89
113

4
3
3
4

„

Coal.

1OO
616
11

8
3d
1OO
19
156

w
(•)

September
October...
November
December

Live
stock.

Merchandise
L.C.L., Total.*
and
miscellaneous.

88
89
94
111
108
205

347
153
1OO
227
6

May...
June
July
August.... „ .„

Total.

Forest
products.

467
217
1OO
339
8

12
36
1OO
13
179

1920.
January
February
March.
April

Grain
and
grain
products.

Relative
to 1913.

Relative to 1919.

1916 monthly
1917 monthly
1918 monthly
1919 monthly
1920 monthly
*921 monthly

LOADINGS.

CO
(*>
(•)
(•)
(*)

100
3
204

CO
00
(»)

J

91
42
149
24$

CO
CO

CO

00

3

1

1
1
20
3

1
5
2
2

1
3
16
3

13
28
1
(*)

3
103
None
1

15
46
1
(5)

111
111
115
121
127
141
161
179
205
226
235
249
248
241
229
212

208 1
i

""'1
See footnotes on opposite page.

101

FREIGHT-CAR MOVEMENT.
Table 71.—NUMERICAL DATA.
Front commercial and trade sources.1
[Base year in bold-Jaced type; index numbers on opposito page.

SURPLUS.^

YEAR AND MoNxn.

Bos
cars*

Coal
cars.

BADOKDEIt
CARS.*

SHORTAGE.*

Total
cars.3

Box

cars.

Coal
cars.

Total
cars.s

Total.

AVERAGE LOADINGS P E R WEEK.

Grain
and
grain
products.

Live
stock.

Coal.

Forest
products.

Ore.

Merchandise
L.C.L.,
and
miscellaneous*

Total.*

Number of cars.
1916 monthly a v . . .
1917 monthly a v . . .
6,437
1918 monthly a v . - . 29,251
1919monthly a v . . . 82,135
1920monthly a v . . .
15,985
1921 monthly a v . . . 127,982
1920.
January.. .
February
March
April

350
362
777
3,597

23,592
68,680
75,605 1 8 9 , 3 9 6
1,981
24,194
154,499 339,026

347
165
145
* 1,723

4,200
25,868
444

112,934
52,360
24,174
82,056
1,896

132,374
134,711
141,961
167,700
163,676
308,717

38,973
34,829
44,066

55,543
37,953
52,319
39,508

22,254
19,282
19,651
24,736

91,201
68,204
87,600
76,683

153,995
147,999
153,727
164,660

38,371
35,083
31,503
26,791

36,231
29,615
29,488
25,967

198,792
179,801
187,502
160,115

57,980
60,390
64,336
61,300

9,843
11,832
' 14,794
16,203

463,138
445,586
478,528
411,056

815,793
775,170
812,105
709,332

65,901
28,964
13,991
43,148
1,146

7,203
4,838
5,580
7,586

3 2 , 9 5 5 176,095
30,105 193,787
28,858 153,672

56,328
60,476
47,928

3 7 , 4 3 4 472,495 801,016
44,142 485,104 850,923
17,367 455,916 754,717

May . . . .
June
July....
August..

266
42
None.
16

247
92
331
236

1,853
788
1,584
1,022

57,242
63,155
59,613
79,428

31,681
38,095
45,059
44,927

105,807
123,035
125,810
147,309

139,786
170,493
168,589
174,371

29,021
32,067
34,060
39,663

30,610
27,262
26,622
27,468

168,271
180,705
193,236
209,069

64,112
62,815
58,259
67,396

46,526
69,811
70,936
73,822

457,445
464,184
591,237
531,565

805,946
851,377
870,237
963,455

September
October...
November
December

. 54
2,107
34,756
149,487

1,521
107
1,786
17,007

1,916
3,856
49,695
204,408

41,198
18,295
2,795
731

23,930
27,549
11,091
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
223,792
213,237
215,271

62,679
61,682
56,489
48,276

79,586
75,219
43,953
17,123

522,640
545,670
478,272
428,922

949,597
995,095
877,176
735,798

January.
February...
March..
April....

179,219
173,520
171,119
178,037

90,685
172,850
255,055
229,443

324,186
413,450
495,904
492,352

306
468
26
87

108
71
8
108

810
650
123
276

191,234
213,180
243,586
270,319

40,235
36,758
37,203
33,455

31,638
28,377
26,166
26,993

174,968
149,092
131,951
131,314

44,739
53,406
51,070
47,578

8,866
8,873
6,677
5,730

372,517
397,519
438,447
448,422

683,651
683,088
698,627
698,156

May
June
August

155,040
146,298
93,013
69,238

165,102
162,537
161,723
130,596

394,040
373,791
321,781
246,740

263
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

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

September. . .
October..
November.
December

42,093
22,628
113,874
191,707

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

29,907
36,S34
31,524
29,100

162,882
196,206
154,434
130,297

46,443
52,392
48,846
44,752

28,554
21,490
7,830
5,470

512,322
559,3S6
469,524
424,479

840,318
929,022
756,624
682,809

1921.

toy....—.

1922.
January
February
March....

313,190

:::::::::x:::::.;.

Data from the American Railway Association.
At end of month, exclusive of Canadian roads. The Association reports the number of freight cars which are idle (surplus) and also the number of requests for cars
which can not befilled(shortage). The difference between these twofiguresrepresents the net freight car situation for the country as a whole. The car shortages can not
ordinarily befilledfrom the idle cars because of the uneven geographical distribution of the latter.
1
Includes other classes than groups listed.
4
Total includes coke shipments in addition to commodity groups listed.
Index number less than 1.
• Number 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 of
repairs.
•
'
1




102

RAILWAY REVENUES AND EXPENSES.
Table 72.—INDEX NUMBERS.
Based on data from Government sources.1
t Base year in bold-faced type; numerical data on opposite page]
REVENUES.

YEAR AND MONTH.

Freight.

Passenger.

Total
operating.

TON-MILE OPERATION.
NET
TOTAL OP- RAILWAY
ERATING OPERATING
EXPENSES. INCOMES Tons carried Receipts per
lmile.
ton-mile.
Relative
to 1919.

Relative to 1913.

Relative
to 1913.

1913 monthly
1914 monthly
1915 monthly
1916 monthly

average..
average..
average..
average..

100
94
101
121

1OO
94
93
102

100
95
101
118

100
96 .
95
109

100
89
117
146

<76
<94

100
100
100
99

1917 monthly
1918 monthly
1919 monthly
1920 monthly
1921 monthly

average..
average..
average..
average..
average -

133
163
168
204

120
150
171
187

132
161
169
203

131
184
203
267

136
96
72
9

106
110
100
113

100
118
135
146

January..,
February..
March
April.....

176
169
183
152

160
143
161
162

196
166
180
158

229
229
231
220

100
*28
25

105
99
115
86

135
137
137
136

May....
June....
July....
August.

178
192
201

172
187
214
231

179
194
207
218

241
264
283
375

2 20
'265

115
116
122
129

133
135
134
132

September..
October
November..
December..

248
272
247
218

226
198
185
200

243
252
232
216

280
290
283
277

133
145
85
17

124
129
113
105

160
171
177
16S

January...
February..
March.....
April

1S4
161
181
172

183
154
169
158

184
159
180
170

244
212
220
207

*2

90
75
81
77

174
186
186

May....
June....
July....
August.

177
182
178

163
173
189
190

174
181
181
198

209
210
200
210

62

85
85
86
92

174
178
174
179

175
154
144

195
210
182

208

146

93

219

176

111

179
175

203

111

1920.

MO
39
225

1921.

200

September.
October
November...
Dceember..,

200
226
193

1922,
January...
February..
March




See footnotes on opposite page.

51
49

86
116
151

103

RAILWAY REVENUES AND EXPENSES.
Table 73.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page]

REVENUES.
YEAR AND MONTH.

Freight.

Passenger.

Total operating.

NET
TOTAL
RAILWAY
OPERATING OPERATING
EXPENSES. INCOMES .3

TON-MILE OPERATION.
Receipts per
ton-mile.

Thousands of tons.

Thousands of dollars.

Tons carried
1 mile.

Cents.

1913
1914
1915
1916

monthly
monthly
monthly
monthly

average..
average.,
average..
average.,

176,916
165,943
178,864
214,784

57,548
54,230
63,798
58,980

355,139
241,60S
256,630
302,104

181,732
173,916
171,926
198,031

59,900
53,451
70,002
87,265

* 25,232,203
* 31,126,359

0.719
.723
.722
.707

1917
1918
1919
1920
1921

monthly
monthly
monthly
monthly
monthly

average..
average..
average..
average..
average-

236,177
288,183
296,410
360,423

68,935
86,056
98,334
107,401

337,539
410,549
432,005
518,784

238,184
334,767
368,287
485,516

81,232
57,759
43,024
5,189

34,942,744
36,409,975
33,033,629
37,411,868

.715
.849
.973
1.052

January..,
February. .
March
April..."...

311,566
299,213
324,599
268,813

91,874
82,571
92,964

500,839
424,591
460,187
402,282

416,418
416,458
420,450
400,419

59,640
* 16,852
14,773
* 23,744

34,764,807
32,695,352
37,991,269
28,530,657

.969
.985
.9S6
.981

May....
June
July....
August.

314,148
340,336
356,091
369,580

93,901
107,383
123,218
132,904

457,559
494,714
529,150
555,523

437,830
480,500
514,254
683,315

*5,430
»15,240
»12,053
* 158,583

37,902,007
38,157,869
40,392,859
42,706,838

.954
.970
.967
.946

September..
October....
November..
December..

438,882
480,375,
436,891
386,057

113,902
106,652
115,061

618,926
641,827
592,054
550,582

509,720
626,544
513,614
503,207

79,676
86,641
50,964
10,226

40,999,843
42,562,687
37,458,630
34,722,365

1.151
1.226
1.263
1.209

470,148
405,785
459,263
433,357

443,701
385,480
400,429
375,699

> 958
J 7,378
30,695
29,249

29,824,391
24,913,294
26,825,588
25,578,833

1.210
1.254
1.335
1.334

1930.

1921.
January..,
February..
March
April

304,730

105,296
88,493
97,312
90,698

May....,
June....,
July....
August.

313,057
322,073
314,611
353,307

93,517
99,784
108,865
109,175

444,875
461,562
462,849
505,508

380,041
380,937
362,841
382,279

37,081
51,641
69,299
90,241

28,218,768
33,140,661
28,412,404
30,381,958

1.251
1.278
1.254
1.288

September.
October....
November.
December..

354,053
400,710
342,025

100,680
88,844
82,656

497,655
535,296
465,497

377,108
397,203
368,013

87,174
105,453
66,198

30,821,944
36,506,565
29,139,115

1,288
1,261

324,825
283,668

1922.
January..
February.
March
1
Data on revenues and expenses, from the Interstate Commerce Commission, represent Class I roads, those having annual operating revenues in excess of 51,000,000;
data on ton-mile operation, from the Bureau of Railway Economics, are placed here for convenience.
"Deficit.
'
a
Net railway operating income includes net operating revenue (equal to the difference between total operating revenue and total operating expenses) from which
there have been deducted railway tax accruals, uncollectible railway revenues, equipment and joint facility rents.
* These figures are from Interstate Commerce Commission reports.




104

STOCKS OF COAL IN THE UNITED STATES
Table 74.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Data from Government sources.1
[Base year in bold-faced type.]
BITUMINOUS.
YEAR AND MONTH.

Number offirmsreporting..

ANTHRACITE.

Other Indus- Coal-gas Electric util- Retail coal
By-product
dealers.
ity plants.
coke plants* Steel plants. trial plants. plants.
57

215

2,061

108

256

1,080

Railroads.

Total.

Retail coal
dealers.

100

3,877

674

100
72

100

Producers.

A.—INDEX NUMBERS.
Relative to January, 1919.
1919.
JanuaryApril

100

100
87

100
92

1OO
63

42

51
50

42
29

100
100
107

83
70
101
114

193

100

100
70

100
76

36
24

33
34

40

67
49
60

59
53
49
50

77
56
56
65

101
112

98

64

73

122

100

100

1920.
March..
Juno...
1921.
January
April
August
November

67

28

S3

83

30
25

31

60

64
64

71
64
64
74

76
123
161.
149

76

152
101

55
182
518

1922.
January..
March....

177

B.—NUMERICAL DATA.
Thousands
of long tons.

Thousands of short tons.
1919.
3,381
2,383

3,449
2,627

9,138
6,065

691
598

2,099
1,928

1,817
1,137

» 11,743

32,318
23,337

994
858

866
2,475

* 1,210
*800

January..
April

U,130
* 1,168

3,651
3,247

287
196

1,070
1,050

759
535

* 3,520
'2,898

11,627
9,895

825
599

1,318
877

2,261
2,256
1,640
2,021

2,052
1,831
1,696
1,732

7,018
5,101
5,074
5,957

574
675
700
772

2,101
2,103
1,869
2,255

1.514
1,275
1,844
•2,066

7,542
7,540
(3)
8,958

476
1,578

3,301

2,206

6,648

844

4,059

1,816

1920.
March..
June...
1921.
January
April
August
November

23,062

751

20,781

1,224

20,574

1,604

23,761

1,482

4,487

1922.
January..
March...,

1,761

i Reported for first day of month by identical firms to V. S. Department of Commerce, Bureau of the Census, in cooperation with U. S. Geological Survey. The total
bituminous reported is estimated to be roughly half of the bituminous stocks in the country; the total for the United States on Nov. 1,1921, being placed at 47,400,000
tons. In the future it is proposed to obtain similar reports at intervals of 60 days.
1
Largely estimated.
* No data available; estimate included in total figure.
* Data not entirely comparable with others.




105

DISTRIBUTION MOVEMENT.
^able 75.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
From commercial and trade sources.1
[Base-year in bold-faced type.]

RETAIL SALES.
Mail-order
houses.2

Chain
stores.^

ADVERTISING.
POSTAL
RECEIPTS.

Magazine.*

Newspaper.5

Relative
to 1913.

RETAIL SALES.

Relative
to 1919.

Mail-order
houses. 3

Chain
stores.3

POSTAL
RE- .
CEIPTS.

ADVERTISING.
Magazine**

Newspaper. 1

YEAR AND MONTH.

Relative to 1913.

Relative
to 1919.

Thousands of dollars.

A.—INDEX NUMBERS.
1913
1914
1915
1916
1917

monthly average..
monthly average.,
monthly average..
monthly average..
monthly average..

1918
1919
1920
1921

monthly
monthly
monthly
monthly

100

100

B . - N U M E R I C A L DATA.

119

120

152

141

74

100
95
94
116

183

161

80

122

105

107

Thousands of agate lines.

73
75

S10,934
11,422
12,9G1
16,604
19,943

87,971
8,545
9,582
11,277
12,806

$13,543
14,611

1,224
1,161
1,147
1,415
1,490

61,440
62,671

14,521
15,950
18,464
20,652

17,066
18,380
20,691
20,761

1,344
1,890
2,299
1,466

61,067
83,859
95,832
86,565

1,739

90,238
87,999
102,288
100,671

110

73

154
188

100
114

120

103

21,486
29,772
29,779
21,207

107
100
125
122

142
191
209
220

108
105
122
120

40,511
39,222
38,498
30,936

14,059
13,596
18,536
18,338

19,659
18,345
23,009
22,441

234
230
233
232

108
108
101
100

222
208
158
157

26,026
25,147
25,752
24,023

18,657
18,343
18,581
18,488

19,786
19,790
18,486
18,446

2,715

117
100
100

224
264
276
218

231
272
260
452

109
120
115
136

179
202
193
173

111
129
119
116

24,489
2S,S01
30,161
23,783

18,444
21,645
20,763
36,036

20,034
22,082
21,160
25,020

2,186

January..
February.
March
April

195
178
252
209

179
208
253
234

109
104
124
113

120
•129
128
137

101
90
109
107

21,320
19,465
27,502
22,840

14,228
16,549
20,155
18,616

20,013
19,149
22,723
20,733

1,462

May....
June....
July....
August.

165
164
137
164

233
227
225
242

106
107
95
105

140
129
100
90

IS,060
17,905
15,005
17,961

18,572
18,072
17,956
19,274

19,509
19,752
, 17,50S
19,283

1,713

104
88
85

September.,
October....
November..
December..

194
229
218
*194

238
296
274
502

111
118
118
145

104
120
124
116

100
116
112
112

21,164
24,9S2
23,763
24,506

18,955
23,578
21,813
40,052

20,399
21,629
21,750
26,673

1,274

average..
average..
average..
average..

197

182

273

200

273

232

224

January..
February.
March
April

259

100
113
113

371
359
352
283

176
171
233
230

May....
June
July....
August.

238
230
236
220

September.,
October....
November..
December..

1920.
2,342
2,555
2,696

2,545
1,932
1,918

2,473
2,368
2,114

9S,122
83,940
83,644
93,285
10S,5S5
99,699
97,285

1931.
l,5S0
1,565
1,680

1,574
1,230
1,105

1,467
1,522
1,421

84,569
75,125
91,225
89,991

86,970
73,522
71,435
83,837
97,533
93,812
94,2o7

1922.
January
February.
March

91

1,112

1
Except postal receipts in 51 selected cities reported by the U. S. Post Office Department. Mail-order and chain-store sales are reported directly by the companies or
compiled from the Commercial and Financial Chronicle; magazine advertising as report ed'by Printers* Ink; newspaper advertising compiled by New York Evening Post.
a
Includes Sears, Roebuck & Co. and Montgomery, Ward & Co. (details for each store shown on page 107).
* Includes F. W. Woolworth & Co., S. S. Kresge Co., McCrory, and S. H. Kress & Co. (details for each store shown on page 107).
4
These figures represent tho number of lines of advertising carried by the leading magazines.
6
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 191S, no reports were
available for Boston, Louisville, Houston, and Columbus. The totals for those years were computed from the actual reports of the 18 other cities, allowing 13.S3 per cent
<tf the total to the four missing cities, the average ratio of those cities to the total in the subsequent years.




106

RETAIL TRADE.
Table 76.—INDEX NUMBERS.
Based on data from commercial and trade sources*1
[Base year in bold-faced type; numerical data on opposite page.]
MAIL-ORDER
HOUSES.

AND MONTH.

Scars,
Roebuck
& Co.

3Iontgomery
Ward
& Co.

MISCELLANEOUS.

TEN-CENT STORES.
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.

145
American
Whole- Department
sale Corp. stores.
Relative
to 1916.

Relative to 1913.

1913 monthly
1914 monthly
1915 monthly
1916monthly
1917 monthly

average..
average..
average..
average.
average.

100
106
118
154
187

1OO
103
124
156
185

1OO
105
115
131
148

1OO
121
158
199
227

100
91
104
126
146

1OO
110
115
140
164

100
135
183
319
564

100
101
105
121
145

100
HI
112
117
136

average.
average..
average.
average.

208
270
266
1S6

192
250
259
192

162
180
213
223

274
322
387
421

178
213
266
267

196
234
269
268

811
1,092
1,623
1,767

176
210
269
261

174
205
253
270

118
163
176
161

1920.
January...
February.
March
April

370
354
345
274

*333
»333
3 333
275

154
148
197
195

276
269
369

196
183
251
251

181
181
276
274

747
718
1,103
1,299

220
217
246
251

226
212
232
219

May
June
July
August..

222
198
210
204

251
283
272
234

205
196
204
201

365
365
363
366

244
241
267
256

246
268
232
248

1,690
1,656
1,492
1,550

277
265
280
263

September.
October
November.
December..

204
253
321
241

248
262
139
304

199
240
225
390

364
410
421
708

255
271
272
508

258
295
274
491

2,127
2,519
2,264
2,333

276

1921.
January...
February.
March
April

196
176
252
206

173

165
223
195

151
166
214
199

291
314
420

201
211
268
245

197
206
276
240

Relative to 1919,

72
76
1OO
115

1918 monthly
1919 m o n t h l y
1920 monthly
1921 monthly

10
Grocery
chains.

100.0
118.0

100.0
136.8

272
208
185"
145

107.4
86.2
120.2
116:8

128.3
125-2
144.9
149.3

226
232
245
251

116
129
253
244

125.0
119.8
90.5
90.6

145.6
141.8
151.3
134.2

185
140
138

353

268
286
258
381

107.2
131.3
135.7
185.5

131.7
132.0
130.7
127.1

1,255
1,243
1,698
1,696

239
229
260
263

264
249
266
258

179
150
165
125

103.1
89.0
115.7
111.8

114.7
108.2
118.5
111.2

256
251
257
254

249
263
273
271

114
121
180
216

111.9
110.9
82.1
86.3

11L 2
108.6
106.4
113.9

258

260
290
261
331

237
192
149
101

97.9
133.0
117.1

109.7
125.5
125.0

May
June
July
August.

154

139
134
157

176
206
131
166

203
195
195
211

384
370
390

228
229
233
252

244
251
231
244

1,732
1,745
1,497
1,526

September.
October
November.
December..

186
218
203
214

192
230
229
224

205
261
238
438

389
470
461
786

240
278
271
546

239
304
266
530

1,940
2,422
2,220
2,245

1922.
January...
February.
March.....




See footnotes on opposite page.

303
270

277
249
340

107
RETAIL TRADE.
Table 77.—NUMERICAL DATA.
From commercial and trade sources*1
[Base year in bold-faced type; index numbers on opposite page.

Y E A R AND MONTH.

Thousands of dollars.
1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average
1917 monthly average

S7,965
8,427
9,389
12,237
14,856

83,310
3,420
4,109
5,170
6,126

S5,519
5,801
6,333
7,257
8,174

81,105
1,341
1,745
2,200
2,508

$450
411
468
566
655

S898
991
1,036
1,255
1,469

8220

297
402
701
1,240

S2,4G5
2,492
2,587
2,985
3,576

8325
360

1918 monthly average
1919 monthly average
1920 monthly average
1921 monthly average

16,544
21,494
21,217
14,835

6,347
8,278
8,562
6,371

8,931

3,026
3,556
4,270
4,655

800
957
1,197
1,200

1,763
2,104
2,415
2,409

1,778
2,398
3,569
3,887

4,336
5,172
6,637
6,434

566

January...
February.
March
April

29,491
28,202
27,478
21,824

3 11,0203 11,020
3 11,020
9,112

3,052
2,974
4,074
4,000

825
1,127
1,129

1,633
1,627
2,481
2,465

1,642
1,577
2,423
2,855

5,428
5,341
6,070
6,195

May
June
July
August..

17,705
15,768
16,743
16,272

8,320
9,380
9,009
7,751

4,027
4,034
4,012
4,041

1,099
1,082
1,202
1,150

2,210
2,410
2,085
2,227

3,714
3,639
3,278
3,406

6,834
6,525
6,910
6,477
6,807
7,591
6,654
8,816

9,958
11,741
12,299

$1,366
1,303

36-4

1,380

381

1,807
2,071

443

667
823
879

2,130
2,944
3,188
2,905

1020.

September.
October....
November.
December..

8,491
8,170
10,853
10,744
11,320
10,818
11,283
11,070

735
690
753
713
735
755
796
816

•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

903

1,102

1,773
1,850
2,475
2,159

2,759
2,732
3,732
3,726

5,902
5,640
6,413
6,494

859

10,963

3,215
3,468
4,642
4,392

5,821'
6,806
4,329
5,483

11,203
10,741
10,744
11,638

4,232
4,245
4,087
4,311

1,027
1,031
1,048
1,133

2,110
2,255
2,077
2,191

3,806
3,835
3,290
3,354

6,309
6,186
6,329
6,251

810

6,363
7,604
7,581
7,425

11,327
14,407
13,110
24,155

4,300
5,189
5,098
8,686

1,081
1,251
1,220
2,456

2,14S
2,731
2,385
4,755

4,263
5,323
4,883
4,938

6,350
6,819
6,147
8,370

16,276
20,113
25,556
19,177

8,214
8,688
4,605
10,050

January
February
March
April

15,598
14,003
20,106
16,375

5,722
5,462
7,396
,6,464

May
June
July
August..

12,239
11,094
10,676
12,477

September.
October....
November.
December..

14,800
17,378
16,186
17,081

10,957
13,242
12,428
21,522

872
929
8319
1,239

4,913
3,751
3,331
2,616
2,098
2,340
4,658
4,406
3,345
2,52S
2,495
1,773

1021.
8,336
9,138
11,831

949
1,206

810

m
837

855
888
882
846
943
849
1,108

3,240
2,702
2,987
2,255
2,057
2,183
,3,250
3,912
4,276
3,461
2,700
1,831

1922.
January...
February.
March
1
This table is submitted in response to a demand for publication of the figures of 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 given
on page 105. The index numbers of sales of 145 department stores and of 10 grocery chains were furnished by the National Retail Dry Goods Astodotion. Data on
American Wholesale Corp. placed here for convenience.
* Separate monthly figures not available.




108
DEPARTMENT STORE SALES.
Table 78.—PERCENTAGE
COMPARISON OF NET SALES WITH CORRESPONDING MONTH OF PRECEDING TEAR, BY FEDERAL
RESERVE DISTRICTS.
Percentage increase or decrease. (A minus sign [—] denotes decrease.)
Y E A R AND MONTH.

Boston
(No.l).

Minne- Kansas Dallas
PhilaNow
RichSan
York
delphia Cleveland mond Atlanta Chicago St. Louis apolis
Citv
Francisco
(No. 2). (No. 3). (No. 4). (No. 5). (No.G). (No. 7). (No. S). (No. 9). (No. 10). (No. 11). (No* 12).

1920.

January...
February.
March
April

35

22

~ 0.3

48

IS

18

29

14

52

23

38

16

12

18

35

51

31

11

28

28

34

32

21

20

24

24

30

11

16

23

26

15

4

15

25

1

6

16

11
-

46

21

September.
October
November.,
December...

38

19

May....
Juno
July....
August.

65

12

9

0.4

52
31

65

25

38

23

33

20

•14

31

50

11

31

24

60

13

16

12

41

21

28

33

21

13

29

12

-

0.3

8

21

12

25

10

11

-

3

2

26

13

15

18

11

3

9

15

- 2

27

5

3

10

5

1

5

12

12 .
9

28

14

20

21

10

20

22
15

10
13
- 3

8
11
- 4

1921.

January...
February.
March
April

2

-

5

3

1

7

4

-11
1

.

-

5

2

-

1

-

5

-10

-

8

-

3

May....
June
July....
August.

2

-

-

-

7

-14

-

-12
_. 4

-

7

-12
-

September.
October
November.
December..

—12
-

5

-10

5

2

-

0.4

0.4

-12

-

3

-

5

7

4

3

- 0

-

3

1

-11

6

1

-20

-

3

3

-

3

3

-17

-13

2

-15

5

4

-17

-18

8

-17

11

-21

-12

-21

-15

17

—22

11

-21

-10

-21

12

-11

- 9
- 5
-10
-IS

-14

-17
-17
-22

- 4

9

1

0.4

-

6

5

-

-15

-24

-10

-23

-15

18

-18

14

-23

4

-

3

-15

-

-15

-10

8

-13

7

-17

7

-

9

-21

-13

-21

-17

9

-18

14

-26

6

1922.
January...
February.
March

I
i Compiled by tho Federal Reserve Board, in cooperation with the National Retail Dry Goods Association, from about 300 department stores.




- 1

- 8
-13

109

DEPARTMENT STORE STOCKS.
Table 79.—INDEX NUMBERS.
[Base year in bold-faced typo ]
VALUE O F S T O C K S AT END O F M O N T H , IJY FI:I>EKAL RESERVE DISTRICTS.*
YEAR AND MONTH.

Boston
(No. 1).

Six months' average, July-Doc, 1920.

New
York
(No. 2).

PhilaRichdelphia, Cleveland mond
(No. 3). (No. 4). (No. 5).

Atlanta
(No. G).

100.0

100.0

100.0

100.0

100.0

100.0

San
Minne- Kansas
Dallas Francisco
City
apolis
(No. 9). (No. 10). (No. 11). (No. 12).

Chicago St. Louis
(No. 7). (No. 8).

100.0

100.0

100.0

100.0

100.0

100.0

1919.
September

91.3

December
1930.
.......

86 6
93.3
102.8
106.6

May
June
July
August

October
November

92.9
95.7

48.1
74 9
82.5
82.5

98.5

99.9
103.0

22.9
30.2
38.4
46.7

105.8
96.1
93 5
100.7

95.1
89.7
94.7
99.7

84.2
84.2
91.2
104.5

95.8

99.2
102.3
97.4
100.2

96.7
88.1
95.9
105.3

88.9
108.7

57.5
70.8
86.6
98.9

107.8
112.8
105.6
84.5

111.0
111.1
102.5
76.3

112.8
113.6
105.9
73.3

109.5
111.0
104.4
79.3

106.9
108.8
104.1
84.5

107.1
108.0
103.4
84.0

110.1
108.1
102.6
78,0

115.8
112.3
101.8
72.4

108.3
109.6
105.9
90.7

75.9
80.3
85.0
86.1

72.2
74.4
80.3
83.7

64.0
69.7
75.5
78.7

72.7
77.0
80.4
80.0

77.9
79.0
86.2
85.6

81.7
80.9
88.3
88.4

76.6
77.4
82.2
79.8

77.1
84.9
90.3
91.3

66.7
70.0
76.4
76.8

87.0
88.9
92.9
95.7

87.7
82.8
79.3
85.0

S6.2
84.8
80.8
80.2

81.1
78.8
74.0
79.0

77.3
74.1
72.4
67.3

77.8
75.6
75.2
79.1

82.9
79.5
78.6
84.9

86.8
86.4
83.1
90.9

76.4
72.0
71.5
76.4

87.8
79.8
85.2
95.9

74.1
70.7
69.1
80.8

94.7
87.5
86.9
90.9

95.1
99.7
101.7

86.188.3
SS.7

SG.7
88.7
89.3

78.7
80.8
80.4

87.8
89.1
89.3

88.5
91.7
91.2

97.6
93.1
98.9

79.5
80.2
79.6

101.8
102.2
98.0

86.6
86.9
86.9

94.7
95.3
96.6

107.8
107.4

79 1
84.7
95.1
100.2

78.0
87.0
93.4

82.2
90.9
103.7
103.5

103.5
97 8
93 2
97.2

102.0
95.7
95 2
101.7

93.5
90 7
93 8
99.6

92.5
91 6
90 3
98.8

106.4
104.5
109.6
83 9

108.7
109.3
103.3
81.5

107.9
108.8
103.8
85.8

January
February
March
April

77.6
89.7
84.0
86.3

75.3
79.3
SO. 1
89.5

May
June
July
August

84.5
81.0
78.9
80.0

September
October
November
December

•88.5
94.0
98.6

January
February
March
April

19.5
20.8
20.7
17.9

!

..............
. .....

1031.

1923.
February
Ma/ch. . . .
1
Index numbers calculated from data collected by the Federal Reserve Board in cooperation with the National Retail Dry Goods Association from about 300 department stores, showing percentage changes from month to month. The Federal Reserve Board states that the original material was in dollar amounts, except in districts
3,4,8, and 10, where only percentages were received, and the averages for the districts were computed by weighting according to the volume of business done during 1920.
The percentage changes reported by the Federal Reserve Board have been converted into index numbers which show the same corresponding percentage increase or
decrease.




110
LABOR.
Table 80.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA,
Based on data from Government sources.l
[Base year in bold-faced type.]

NEW YORK
STATE
FACTORIES.*

YEAR AND MONTH.

NumNumTotal
Total
ber
ber of
pay
pay
of ememployees. roll. ployees. roll.

NEW YORK
STATE
FACTORIES.*

IMMI- EMIGRA- GRATION.* TION.5 Balance
Averum
Emage
to credli Nber weekly ployees
of
of emearn- on pay
deposit- ployees,
roll.
ings.
ors.
Relative
to Jan.,
1921.

Relative to 1915
(first quarter).

Relative to 1914.

U. S.
POSTAL
SAVINGS.

U.S.
FACTOBIES.3

WISCONSIN
FACTO1UES.

Thousands.

Relative to 1913.

av
nv..
av..
av..
av..

100
103
121
126

1OO
107
141
166

105
128
135

113
160
197

1OG
• 125
146

1918 monthly
1919 monthly
1920 monthly
1921 monthly

av..
av..
av..
av..

128
120
124
97

210
227
281
241

139
136
135
95

258
184
344
193

185
209
255
204

1930.
January
February ...
March
April

130
128
132
130

277
273
296
291

May....
June....
July....
August .

12S
123
127
124

294
296
291
2SS

September.
October
November.
December..

123
121
114
106

1921.
January
February...
March
April

Total
pay
roll.

Employees
on pay
roll.

Thousands of
dollars.

Thousands.

IMMIGRATION.*

EMIGRATION.* Balance
to credit
of
depositors*

Number.

Thousands of
dollars.

B.—NUMERICAL DATA.

A.—INDEX NUMBERS.
1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

U. S.
POSTAL
SAVINGS.

U. S.
FACTORIES.*

100
98
30
26
25

100
104
63
39
24

100
149
187
282

15
17
44

32
35

422
406
411

•

70

478
494
579
604

6,377
8,366

614
573
594
464

12,481
13,490
16,711
14,332.

118,936 50,994
116,923 52,817
36,187 32,015
30,562
20,067
30,240
12,198
17,654
19,752
51,798

1

S39,750
59,145
74,349
112,159
143,193

16,106
18,019
35,672

167,653
161,373
163,434
154,508

1,559

38
36
46
58

S3
41
60
56

403
403
401
398

620
614
631
623

16,438
16,243
17,536
17,303

45,407
43,252
54,665
68,761

42,181
20,655
30,489
28,609

160,384
160,387
159,240
153,230

6 147

6 353

6 240

6

142
143
142

C372
357
382

6 262
250
269

62
69
71
72

55
70
77
96

398
396
397
402

613
611
608
595

17,441
17,576
17,307
17,091

74,066
81,499
83,957
85,431

27,794
35,682
39,505
43,723

153,136
157,276
157,618
159,675

284
2S1
263
241

138
131
122
113

364
347
309
272

264
265
253
241

80
87
75
78

64
79
67
82

405
410
408
411

588
577
545
506

16,8S4
16,681
15,655
14,330

94,852
103,269
89,224
93,233

32,506
40,047
34,336
41,935

161,150
162,810
162,352
163,434

93
100
100
99

217
214
218
208

100
102
99
93

224
220
215
202

224
216
218
217

100
99
93
97

63
57
62
60

53
53
51
64

412
411
406
393

467
476
480
471

12,894
12,734
12,955
12,335

1,628
1,613
1,588
1,581

75,334
67,483
74,147
70,780

29,447
29,562
26,236
32,700

163,656
163,356
161,249
153,097

May...
June...
July....
August.

96
95
93
93

201
196
189
190

92
89
89
92

193
179
168
187

211
202
188
203

97
94
93
91

69
49
39
41

59
80
74
75

391
383
384
333

461
453
444
443

11,929
11,641
11,219
11,280

1,574
1,527
1,510
1,526

82,648

48,707

30,029
40,950
37,7§1
38,352

155,395
152,390
152,500
152,400

September.
October
November..
December...

96
99
99
99

194
195
193
198

94
95
94
95

181
183
ISO
183

194
194
191
193

95
96
96
92

41
39
38

90
76
58

380
376
372

461
472
471
471

11,550
11,571
11,465
11,744

1,545
1,560
1,567
1,493

48,814
45,975
44,643

45,752
38,956
29,646

151,150
149,400
148,000
146,600

57,803
46,367

1922.
January...
February.
March.
Data on New York state factories furnished, by the New York State Department of Ladbr; Wisconsin factories by the Wisconsin Industrial Commission; Number
on pay roll, U. S. factories, from U. S. Department of Labor, Employment Service; Immigration and emigration statistics from U. 5. Department of Labor, Bureau of Immigration; Postal Savings from XI. S. Post Office Department.
* Figures represent reports from 1,648 firms in New York state employing more than one-third of the factory workers in the state.
3
Data not available prior to January, 1921; this month used as base for index numbers. Information is from 1,428 factories, usually employing over 500;workers each.
* Includes total admitted, both immigrants and nonemigrants.
& Includes total departed, both emigrants and nonimmigrants.
« Average for preceding 3 months.




Ill
COST OF LIVING.
Table 81.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type.]

FOOD.

YEAR AND MONTH.

CLOTHING.

HOUSING.

FUEL AND
LIGHT.

FURNITURE
MISCELLAAND IIOUSK
NEOUS.
FURNISHINGS.

TOTAL.

1917, December
1918,D ecembor
1919, av. 2 nios. (June, Dec.)
1920, av. 2 mos. (June, Dec.)

100.0
100.0
101.5
102.3

1O0.0
101.0
101.0
108.4

100.0
101.0
110. G
127.8

100.0
103.0
107.4
113.3

100.0
103.0
105.1
118.3

149.1
205.3
241.6
223.0

100.1
109.2
119.8
143.0

124.1
147.9
151.2
1S3.4

150.6
213.6
244.3
2S9.G

140.5
165.8
181.7
204.8

142.4
174.4
1SS.3
20S.5

219.0
178.0

*

100.0
101.0
104.7
120.0

157.0
187.0
195.5
198.5

*

100.0
105.0
105.0
126.0

287.5
258.5

134.9
151.1

171.9
194.9

292.7
285.4

201.4
208.2

216.5
200.4

144.7
153.1
160.0

1913, average
1914, pecember
1915, December.
1916, December

222.6
192.1
184.4

159.0
160.0
161.0

181.6 *
180.7
181.1

247.7
224.7
218.0

208.8207.8
206.8

isa 4
177.3
174.3

1920.
Jvine-,
December

±t

1921.
May
September...
December
1922.
March
1
Reports compiled by the U. S. Department of Labor, Bureau of Labor Statistics. Prices 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, furnituro and miscellaneous, four quotations are secured in each city
(five in New York City).

WAGES, COMMON LABOR/
Table 82.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from trade and commercial sources.
[Base year in bold-faced type.]
Relative
to 1913.2

Per h o u r .

YEAR AND MONTH.

YEAR AND MONTH.

A. INDEX
NUMBERS.
February 1,1913..
February 1,1916..
May 1,1916
December 16,1916.
May 1,1917
October 1,1917...,
April 16,1918




Relative
to 1913.2

Per
10-hour day.

1OO
110
125
138
150
165
190

B. NUMERICAL
DATA.

$0.20
.22
.25
. .275
.30
.33
.38

S2.00
2.20
2.50
2.75
3.00
3.30
3.80

August 1,1918..
October l, 1918..
February 1,1920
May 16,1921
July 16,1921
August 29,1921.

A. INDEX
NUMBERS.
210
231
253
204
1S5
150

Per hour.

1 0 - l l *|J d a y i

B . NUMERICAL
DATA.

50.42
*.42
.46
.37
'.37
.30

i In effect in plants of United States Steel Corporation in the Pittsburgh district beginning on dates mentioned.
s Per 10-hour day.
*Basic 8-hour day adopted with provision for payment of time and a half for overtime.
*Basic 8-honr day abrogated.

$4.20
4.62
5.06
4.07
3.70
3.00

112
COST OF LIVING.
Table 83.—INDEX NUMBERS.
Based on data from non-Government sources*1
[Baso year figures in bold-faced typo.]

YEAR AND MONTH.

FOOD.

O T H F U E L AND
S H E L T E R . C LN G . LIGHT.
I

100
100
111

1918 average for two months
1919 average for threo months..
1920 monthly average
1921 monthly average

1OO

100

100

100

103

102

102

120

104

14G

1914, July.
1915, July..
1910, July.,
1917, July..

105

143

126

173

118

185

138

18G

129

205

144

205

154

261

168

156

169

166

183

SUNDRIES*

ALL I T E M S
WEIGHTED.

100
100
104
117

100
101

152
164
185
184

159

109
131

172
193
167

1920.
197

143

270

149

177

190

208

145

277

14g

178

194

200

149

277

149

183

195

200

150

288

151

183

197

May....
June...
July....
August.

211

151

287

166

183

202

215

151

276

161

185

203

219

158

266

166

185

205

219

156

258

169

185

September.
October
November..
December..

207

159

255

178

188

203

139

248

183

190

19S

166

228

200

192

193

166

205

200

192

January...
February..
March
April

199
197
193
190

1921.
January..,
February.,
March
April

178

187

200

192

166

174

198

190

15S

171

174

187

185

153

May
June
July
August.

166

172

171

169

179

185

181
176
169
168

152

168

178

185

171

162

178

185

144

169

164

179

185

148

169

159

179

183

155

169

157

179

183

153

109

160

179

180

153

169

161

179

178

152

September..
October
November.,
December..

171

145

169

157

179

178

165
164
163
163

150

169

156

178

178

161

166
162
163
162

1922.
January...
February.
March

1
Compiled by the National Industrial Conference Board, and represent retail prices on the first day of the month, except
food, which is the retail food index of the U. 5. Bureau of Labor Statistics for the 15th of the preceding month. The
index is weighted according to the estimated consumption of average 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.G per cent, sundries 20.4 per cent.




113

PRICES.
Table 84.—INDEX NUMBERS.
Based on data from Government sources*l
[Baso year in bold-faced type.]
WHOLESALE PRICE INDEX NUMBERS.*
(Compiled by TJ. S. Department of Labor.)
Y E A R AND
MONTH.

1913 m o . a v . . .
1914 mo. a v . . .
1915 mo. a v . . .
1916 mo. a v . . .
1917 m o . a v . . .
1918 mo. a v . . .
1919 mo. a v
1920 mo. a v . . . ,
1921 m o . a v - . . .

Farm
products.

Food,
etc.

100
103
105
122

100

189
220

Cloths

Metal
and
metal
products.

and
clothing.

Fuel
and
lighting.

100
98
100
128

100
96
93
119

100

143

100
97
94
11
0

176

181

175

208

189

239

163

181

103
104
126

87
97

Building
materials.

House
ChemiAH
cals a n d furnish- Miscel- commoding
laneous.
drugs.
ities.
goods.

1OO
100
101
124

100
102
101
114

1OO
108
111
123

124

198

151

221

144
196
236
337
247

155
193
217
236
15G

176
196
212
243
155

146
167
186
203
153

206
226
236
244
111

164
192
198
168
107

324
329
329
331

227

248
249
253
265

201
200
200
211

241
252
255
271

173
177
178
181

339
362
362
363

246

272
269
262
250

215
219
219
207

294
309
304
268

177
175
176
172

371
371
369
346

239
229
220
205

242
225
207

203
193
193
178

239
202
163
135

174
166
147
121

283
277
275
274

190
180
167
154

177
167
162
154

172
158
156
152

129
123
120
113

120
117
123
112

250
235
230

151
150
149
147

151
148
148
152

145
144
148
155

104
109
106
109

109
104
109
113

223
218
218
218

146
145
145
148

152
150
149
149

153
153
152
150

109
111

101
93
92
91

210

261

173

161

192

179

302

238

186

308

210

120

144

188

194

131

205

167

246

253

350

184

177

237

244

356

187

189

300

197

239

246

356

192

192

325

205

246

270

353

213

195

341

212

244

287

347

235

193

215

June
July....
August.

243

279

335

246

190

218

236

268

317

252

222

235

299

September..
October
November..
December..

210

223

278

182

204

257

May....
June
July....
August.

191

333

217

193

328

216

192

318

222

184

313

216

165

195

234

258

170

274

207

144

172

220

236

157

266

188

136

162

208

228

152

129

150

198

218

146

221

178

125*

150

192

207

139

208

171

115

141

186

199

138

203

168

182

117

133

181

194

•138

202

166

113

132

180

187

132

202

166

115

134

179

184

125

200

163

118

September..
October
November..
December..

Live
stock.

1OO
99
99
120

236

1931.
January
February...
March
April

Crops.

1OO
99
99
115

234

284

RETAIL
FOOD
RICES.'

1OO
101
114
159

218

1920.
January
February...
March
April

FARM PRICES.

152

179

182

120

198

161
162
162

122

146

187

178

120

193

119

142

190

182

121

192

114

142

186

186

119

197

162

113

139

185

187

119

203

101

227
230
238

247
243
240

100

103
95
111

1923.
January
February...
March
1
Wholesale prices and retail food prices from the U. S. Department of Labor, Bureau of Labor Statistics; farm prices from the U. 8. Department of Agriculture, Bureau of
Markets and Crop Estimates.
1
The wholesale price index number of the U. S. Department of Labor, Bureau of Labor Statistics, is based on quotations of 328 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 1909.
* The retail food 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.
* Farm prices of crops represent the relative average prices to farmers of the 10 leading crops on the first of each month. The live stock farm price index is computed
as of the 15th of each month.

84796°—22




8

114

PRICES.
Table 85.—INDEX

NUMBERS.

Based on Government data.
[Base year in bold-face type; numerical data on opposite page.]
WHOLESALE PRICE INDEX NUMBERS.
Compiled by Federal Reserve Board,1
YEAB AND MONTH.

Farm
products

Animal
Forest
Mineral Total raw Producers*
products. products. products. products. goods.

Consumed
goods.

All comGoods
Goods
AH commodities. imported. exported. modities.

11
IS
90
168
315
27
76
40
19,
19
80
quotations- quotations. quotations. quotations. quotations. quotations. quotations. quotations. quotations. quotations. quotations.
100
103
111
128
210

1OO
104
100
119
169

100
97
93
96
118

100
90
91
123
179

1OO
99
99
118
173

1OO
95
100
140
187

1OO

101
102
123
172

1OO
99
100
123
175

240
251
256
133

199
218
183
108

140
184
333
208

176
177
236
187

193
211
241
151

195
203
235
140

201
224
253
161

196
214
244
155

174
191
108

214
227
131

206
233
145

January...
February,.
March
April

291
278
2S8
304

213
206
200
196

273
315
348
367

190
194
197
224

239
240
247
260

245
246
246
263

259
256
263
280

248
248
253
265

212
216
218
242

254
250
256
264

241
243
248
263

May....
June
July
August.,

314
301
287

179
186
184
181

367
363
359
351

234
245
256
265

260
261
258
251

271
262
251
238

285
279
272
250

272
268
263
250

246
226
208
182

262
256
248
229

264
258
250
234

September.
October....
November.
December..

232
191
170
155

186
172
159
132

344
339
289
283

277

224

248
230
205
187

224
209
193
175

240
224
214
196

242
225
207
189

164
142
127
112

211
181
163
146

226
208
190
173

155
145
136
126

119
114
116
106

245
225
210
205

220
207
197
189

175
164
157
149

155
149
143

182
171
168
159

177
167
162
154

114
113
114
109

142
135
125
121

163
154
150
143

May
June....
July
August-

131
125
122
123

104
102
109
112

205

188
182
177
175

149
145
145
145

140
137
134
132

153
152
153
162

151
148
148
152

105
102,
103
104

125
122
122
123

142
139
141
143

September.
October
November..
December...

142
134
129
129

104
105
103
102

172
176
178
178

146
145
145
146

133
133
130
130

160
158
157
155

152
150
149
149

106
107
108
111

144

143
141
140
138

1913 monthly average.
1914 monthly average.
1915 monthly average.
1916 monthly average.
1917 monthly average.
1918 monthly
1919 monthly
1920 monthly
1921 monthly

average.
average.
average.
average.

1920.

January...
February.
March
April

272
246

100

1OO

100

1931.

204
203
200

194
193
200

141
138
136

January...
February.
March
> First eight columns comprise data composing wholesale price index numbers of the U. S. Department of Labor, Bureau of Labor Statistics, as reclassified b y the Federal
Reserve Board into the groupings as shown. The weights arc t h e same as those used b y the Bureau of Labor Statistics and the total of all commodities is, therefore, the same.
Data in t h e last three columns are original compilations of t h e Federal Reserve Board constructed for the purpose of international price comparisons; basic prices are
obtained from trade journals and private firms and weighted according to the 1913 volume imported and exported, respectively, for " i m p o r t e d goods" and "exported
goods." T h e total index n u m b e r includes also goods produced, weighted b y production in 1913, and goods consumed, weighted b y consumption in 1913.




115
WHOLESALE PRICES.
Table 86.—INDEX NUMBERS.
From Government and non-Government

sources.

[Base year in bold-faced t y p e . ]
UNITED STATES.*

Y E A R AND M O N T H .

Dun.

Bradstreet.

UNITED
KING- FRANCES ITALY.*
DOM.'

Relative to
July, 1914.

Relative to 1913.

1913
1914
1915
1916
1917

monthly
monthly
monthly
monthly
monthly

average..
average..
average..
average..
average..

100
101,
105
123
199

1918monthly
1919 monthly
1920monthly
1921 monthly

average..
average..
average. average.

190
191
207
141

GERMANY**

CANADA.e

JAPAN AUSTRA- INDIA
LIA.*
(Tokyo).'
(Calcutta)'

Relative to 1913.

100

100
99

100
11
0

100

97
107

123

137

133

100
11
0
110

Relative to July ,1914.

128

160

187

202

135

100
96
97
117

170

204

262

299

177

149

155

203

225

339

409

20C

193

170

203

235

357

364

217

235

180

204

283

510

624

1,522

240

259

218

204

. 123

181

345

578

1,761

132

248
254
258
261

301
313
321
300

203
206
209
217

218
209
198
200

271
247
239
235

225
233
234
236

210
206
209
209

95

100

100
141

JOO

132

1930.
January
.
February...
March
April..
,

288

487

504

1,020

210

227

303

522

556

1,337

209

226

310

555

619

1,490

213

225

306

583

664

2,582

218

225

304

550

.660

1,690

217

216

291

493

632

1,473

215

210

292

496

604

1,473

209

204

288

501

625

1,528

263
258
256
244

205

195

284

526

655

196

184

266

502

659

188

170

245

461

670

175

148

220

435

655

1,560
1,582
1,647
1,658

241
234
225
214

230
226
221
206

230
215
208
197

208
206
194
ISO

January...
February.
March
April......

164

137

209

407

642

154

134

192

377

613

150

129

189

360

604

144

123

183

347

584

1,083
1,473
1,419
1,410

208
199
194
187

201
195
191
190

196
192
181
171

178
174
175
183

May.
June
July.
August

138

117

182

329

547

137

115

179

325

509

132

116

178

330

520

135

120

179

331

542

1,428
1,387
1,467
1,723

183
179
176
174

191
192
196
199

166
.162
159
160

184
178
183
184

September.
October....
November..
December..

134

120

183

344

580

.134

121

170

331

599

123

166

332

595

207
219
214

184
184
180

136

123

162

325

595

172
169
168
170

160
156

135

1,777
1,993
2,687
3,283

.205

May
June
July
August
September.
October
November.,
December..
1921.

January...
February.
March

1032.
3,467

123

• / • •

1

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 published in these journals., Bradstreet's index number is the sum of the prices per pound of 106 commodities. Dun's index
number covers about 300 commodities and is weighted on the basis of the amount " annually consumed by each inhabitant."
* Compiled by the London Economist^ quotations on 44 commodities, mostly raw materials, unweighted. '
1
Compiled by Bulletin dc la Statistique Generate of the French Ministry of Labor and Social Welfare; quotations on 45 commodities, mostly raw materials, unweighted.
* Compiled by Pro/. Bachi; quotations on 38 commodities until 1920, thereafter 76 commodities.
6
Compiled by the Frankfurter Zeitung; quotations on 70 commodities, unweighted. Prices are for 1st of the month.
1
Compiled by the Canadian Department of Labor; quotations on 27t2 commodities, unweighted.
1
Compiled by the Bank of Japan; quotations on 56 commodities, unweighted.
* Compiled by the Australian Commonwealth's Bureau of Census and Statistics; quotations on 92 commodities, weighted by consumption.
* Compiled by the Indian Department of Statistics; quotations on 75 commodities.




116

BANKING.
Table 87.—INDEX NUMBERS.
Based on data from Government sources*1
[Base year In bold-faced type; numerical data on opposite page.]
DEBITS TO
INDIVIDUAL.
ACCOUNTS.*

YEAR AND MONTH.

OutIn New side
New
York
City. York
City.

CONDITION OF FEDERAL
RESERVE BANKS.3

CONDITION
OF REPORTING MEMBER
BANKS.*

Total
Net
Bills Notes Total Total loans,
dedisdisincounts, mandderecount- circu- serves. posits.
deand
ed.
lation.
Invest- posits.
ments.

SILVER.

GOLD.

Imports.

Exports.

1
1
12

3
7

100
90
709
1,077
867

IS
27
60

23

Price Price
Exports. in New in LonYork. don.

Relative to 1913.

Relative to 1919.
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 avejage.

Imports.

100
243
34
170
405

100
72
96
90
149

100
82
85
112
134

100
92
83
110
136

100
92
86
114
148

132
91

73
100
120
102

91
100
97
122

90
100
99
90

100
111
101

88
100
107
96

97
120
673
1,099

45
401
351
26

199
249
246
177

403
381
181
82

162
186
169
105

123
101
120
116

112
127
127
131

109
115
116
117

95

110
110
111
112

108
108
108
108

226
84
320
914

624
563
615
583

295
417
316
358

471
303
266
314

222

94
95

104
108
103
103

200

290
308
269
250

130
126
129
138

119
119
119
122

97
97

102
99
97
93

112
112
111
112

109
107
108
106

296
504
373
290

99
70
286
327

270
220
217
148

131
84
105

85

123
115
119
108

172
152
154
161

218
185
195
217

87
99
100
108

112
116
112
109

140
145
141
140

125
128
127
128

100
103

97
95
90
93

113
112
110
111

106
106
103
103

737
2,199
1,072
841

224
339
260
223

217
164
168
155

126
109
60
116

157
140
130
108

216
197
185
152

January...
February.
March
April

98
74
85
80

106
84
95
90

127
124
118
107

118
117
112
108

106
103
111
114

107
106
106
103

101
99
96
96

, 719
833
1,646
1,538

36
14
9
5

162
163
130
110

128
102
56
44

110
99
94
99

145
126
118
124

May....
June.-..
July....
August.

85
87
80
75

104
101
97
95

117
120
.123
127

87

101
101
98
97

95
95
94

1,097
826
1,211
1,624

14
10
49
9

233
121
151
263

45

85
85

97
92
85
77

100
98
101
103

124
127
136
138

79
87
86
101

72
68
66
61

94
92
90

131
134
137
137

89
90
90
91

1,253

95
85
100

31
99
8
25

153
251
198
185

95
91
92

111
119
114
110

145
150
141
129

1918 m o n t h l y average.
1919 m o n t h l y average.
1920 monthly average.
1921 m o n t h l y average.

60

100
99
85

100
118
91

100

172
207
223
134

1920.
January...
February.
March
April

116
110
105

May....
June
July....
August.

96
94

September.
October....
November.
December..

220
210

1921,

September.
October
November.
December..

93

S3
87
88

99
97
98

1932.
January...
February.
March....




I
See footnotes on opposite page.

93
96
97
96

889
978
597

27
93
72

137

117
BANKING,
Table 88.—NUMEKICAL DATA.
From Government sources.1
[Base year i n bold-faced type; index numbers on opposite page.]
DEBITS TO
INDIVIDUAL
ACCOUNTS.*

Y E A R AND M O N T H .

In
New
York
City.

Outside
New
York
City.

CONDITION OF FEDERAL
RESERVE BANKS .8

CONDITION OF
REPORTING
MEMBER
BANKS.*

Bills
Notes
Total
disin
Total
decount- circu- reserves posits.
ed.
lation.

Total
loans,
Net
discounts, demand
deand
invest- posits.
ments.

GOLD.

Imports*

Millions of dollars.

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average.
average.
average.
average.
average.

Exports.

Imports.

Exports.

185
606

S3S4
586
1,261

1,158
1,936
2,557
1,763

1,911
2,618
3,154
2,664

1,991
2,190
2,126
2,072

1,738
1,937
1,922
1,744

S5,309 87,650 !S2,989 §5,231
2,163
4,782
18,551
4,300
2,874
37,663
2,019
4,467
57,166
2,689
5,883
12,999'
46,038
4,445
7,011
30,990

$1,154

Price
in
New
York.

Price
In
London.

Pence
per
Dollars
per fine standard
ounce
ounce.
.925 fine.

Thousands of dollars.

$29
24
224

1918 monthly a v e r a g e . .
1919 monthly average.. §20,343 S I 7,536
1920 monthly a v e r a g e . .
20,087
20,670
1921 monthly a v e r a g e . .
17,258
15,947

SILVER.

S0.598 S27.573
.548
25.313
.497
23.675
.657
31.315
.814
40.851

5,948
7,451
7,338
5,277

21,071
19,918
9,468
4,29S

.968
1.111
1.009
.627

47.516
57.059
61.590
36.841

47,758

8,817

24,628

43,048

12,471

15,865

47,050

9,441

13,939

44,622

10,705

16,413

1.328
1.313
1.255
1.19S

79.846
85.005
74.194
08.848

0,SG2
4,416
5,494
4,489

1.026
.909
.920
.962

60.010
51.090
53.736
59.875

.937
.835
.777
.648

59.476
54.197
50.952
41.845

§9,260
S 15,143 10,576
16,8G2
11,302
15,293
10,178

5,170
6,378
35,729
58,333

3,422
30,682
26,841
1,969

16,622

11,481

12,018

16,671

11,463

4,473

10,819

11,496

16,935

16,930

11,464

48,522

1920.
January...
February.
March
April

23,636
18,053
22,285
21,319

21,548
17,653
21,079
20,279

2,174
2,454
2,449
2,535

2,851
3,020
3,048
3,075

2,074
2,083
2,057
2,071

2,019
2,101
1,995
1,996

May....
June....
July....
August..

19,859
19,528
19,003
17,371

21,516
20,251
20,847
18,963

2,519
2,432
2,492
2^667

3,107
3,117
3,120
3,204

2,092
2,109
2,129
2,128

1,980
1,916
1,872
1,905

September.
October....
November.
December..

17,599
20,136
20,308
21,888

19,596
20,367
19,569
19,130

2,704
2,801
2,735
2,719

3,280
3,351
3,326
3,345

2,152
2,168
2,195
2,249

1,882
1,846
1,751
1,799

January..
February.
March
April

20,033
15,130
17,353
16,349

18,004
14,785
16,719
15,767

2,456
2,396
2,287
2,064

3,091
3,052
2,931
2,830

2,320
2,357
2,422
2,505

May....
June....
J
uly....
August..

17,297
17,628
16,340
15,186

15,348
15,619
14,984
14,833

1,870
1,772
1,650
1,492

2,735
2,634
2,538
2,481

September.
October....
November.,

16,102
17,610
17,492
20,575

15,564
16,684
14,900
17,554

1,403
1,309
1,282
1,180

2,457
2,409
2,366
2,443

16,946

11,561

15,688

7,562

8,083

16,932

11,347

26,765

5,-320

6,562

16,858

11,401

19,818

21,873

6,496

16,930

11,252

15,378

24,986

4,420

16,732

10,89a

56,889

19,870

5,025

16,750

10,942

44,660

17,058

4,620

6,577
5,709
3,144
6,081

1,808
1,809
1,841
1,726

16,263

10,643

38,145

2,725

16,099

10,495

43,986

1,036

15,983

10,186

87,372

710

15,003

10,138

80,662

384

4,835
4,802
3,872
3,298

6,691
5,337
2,919
2,319

.660
.592
.560
.593

39.935
34.745
32.479
34.250

2,558
2,625
2,685
2,788

1,700
1,686
1,695
1,691

15,346

10,153

58,226

1,063

15,333

10,010

43,844

774

14,890

10,002

64,268

3,734

14,762

9,908

86,239

672

6,956
3,627
4,513
7,853

2,353
1,424
5,113
3,743

.59S
.555
.603
.616

34.165
34.971
37.481
38.096

2,879
2,937
2,990
2,992

1,717
1,739
1,743
1,765

4,565
7,510
5,912
5,516

4,947
4,782
4,804
7,145

.662
.710
.682
.658

40.0S2
41.442
38.750
35.645

17,140

11,161

39,110

17,129

6,501

17,017

11,172

116,762

25,931

4,912

1921.

14,957

9,866

66,500

2,400

14,729

10,192

47,135

7,576

14,765

10,274

51,937

607

14,780

10,174

31,685

1,950

1922.
January.,
February.
March
Figures for Debits to individual accounts, Condition of Federal Reserve Banks, and Condition of reporting member banks are from the Federal Reserve Board; imports
<i exports of gold and silver from the UrS. Department of Commerce, Bureau of Foreign and Domestic Commerce; silver prices, average for the month, from the Engineering
Mining Journal
* debits of banks in about 150 of the larger clearing-house centers, covering weekly totals, the first and last weeks of the month being pro-rated,
r ^ i o n as of last Wednesday of the month.
des reports from more than 800 basks in the leading cities in the United States on condition at last Wednesday of month.

M




118
BUSINESS FINANCE.
Table 89.—INDEX NUMBEKS.
Based on data from commercial and trade sources*
[Base year in bold-faced type; numerical data on opposite page.]
BANK
CLEARINGS.
YEAR AND MONTH.

In New Outside
New
York
York
City.
City.

BUSINESS
FAILURES.

CORPORATION
FINANCES.

Dividend
New
New
ana
Firms. Liabili- interest capital Incorpoties.
issues. rations.
payments.

TELEPHONE
EARNINGS.
Total
operating
revenues.

NEW YORK STOCK EXCHANGE
SALES.

Net
MisceloperStocks laneous Liberty, Total
Victory
ating
(shares). bonds. bonds. bonds.
income.

Relative to 1913.
1913
1914
1915
1916
1917

monthly
monthly
monthly
monthly
monthly

average.
average.
average.
avcrago.
average.

100
88

1918
1919
1920
1921

monthly
monthly
monthly
monthly

average.
average.
average.
average.

1O0

1OO

1OO

1OO

1OO

100

58

101

87

70

104

100

58

80

138

100
131
111

105

87

96

111

112

209

112

26

106

72

120

133

161

125

129

280

132

31

86

67

134

93

217

142

127

222

87

100
114

169
187

100
97
104
137
164

189
249
257
205

193
228
258
199

62
55
123

January..
February.
March....
April

294
230
283
276

277
226
284
265

43
37
42
38

May....
June
July....
August.

250
260
251
227

253
266
261
244

September..
October
November..
December..

236
262
246
266

January..
February.
March
April

116 .

Relative to 1919.
13
18

17

28

170

82

106

154

125

173

67

49

53

179

184

613

188

138

377

100

100

100

108

192

189

725

231

146

270

124

230

200

160

385

206

162

73

32
43
56
58

269
111
181
241

247
148
201
344

1,324
673
798
786

218
214
226
236

168
163
157
149

284
314
416
404

110
100
122
99

116
96
93
115

114

41
50
51
50

145
96
125

161
192
230
119

179
194
176
123

823
768
732
546

243
241
240
242

152
133
103
121

236
133
179
198

95
90
87

126
105
71
57

119
101
75
67

258
269
245
246

51
69
79
114

130
171
135
259

160
253
168
221

106
247
129
173

552
685
520
500

250
253
243
251

155
155
148
162

221
197
320
344

156
177
158
199

72
85
87
171

91
106
103
178

236
184
212
197

221
178
211
181

142
123
100
111

229
268
297
170

244
112
188
. 238

218
101
285

722
380
554
573

262
253
271
277

173
181
213
232

231
147
230
221

157
100
122
129

77
63
57
57

71
72
74

May....
June
July....
August.

201
214
195
185

188
196
18S
189

101
99
108
117

251
152
188
189

161
197
230
160

130
131
124
101

349
392
164
337

278
280
275
278

223
218
184
193

246
262
134
159

159
129
154
141

54
92
60
54

78
101
82
74

September..
October.'...
November..
December..

199
203
213
234

196
209
201
212

110
128
149
183

163
234
235
385

241
167
218
243

150
75
187
232

284
292
214
359

275
289
287

219
220
220

185
186
221
255

168
166
257
265

87
92
91
93

106
109
129
132

40

42

105

1930.

111

1921.

1933.
January..
February..
March




See footnotes on opposite page.

119

BUSINESS FINANCE.
Table 90.—NUMERICAL DATA.
From commercial and trade sources*1
[Base year in bold-faced type; index numbers on opposite page.]
BANK
CLEARINGS.

YEAR AND MONTH.

BUSINESS
FAILURES.

Dividend
and
I n New Outside Total LiabiliNew
interest
York
comYork mercial. ties.
payCity.
City.3
ments.
Millions of dollars.

Number
of
firms.

7,886
6,918
9,184
13,298
14,784

6,120
5,916
6,381
8,366
10,052

1,336
1,523
1,846
1,416
1,155

22,723
29,826
25,191
16,351
15,203

1918
1919
1920
1921

14,878
19,650
20,261
16,194

11,801
13,944
15,801
12,168

834
538
740
1,638

13,585
9,441
24,593
52,283

1920.
January..,
February.
March
April

23,210
18,144
22,333
21,800

16,960
13,857
17,369
16,212

569
492
566
504

May....
June....
July....
August.

19,742
20,509
19,832
17,887

15,786
16,290
15,987
14,911

September..
October
November..
December..

18,602
20,661
19,434
20,981

15,784
16,438
14,973
15,048

1921.
January
February.
March
,
April
,

18,573
14,529
16,682
15,536

May....
June
July....
August.
SeptemberOctober
November..
December..

average.
average.
average.
average.

New
capital
Issues.

TELEPHONE
EARNINGS.

New Incorporations,!

NEW YORK STOCK EXCHANGE
SALES.

Total
Net
operat- operatMiscella- Liberty
and
ing
ing
Stocks. neous Victory
revInbonds. bonds.
enues. come.
Thousands of
shares.

Thousands of dollars.

1913 monthly average.
1914 monthly average.
1915 monthly average.
1916 monthly average.
1917 monthly average.
monthly
monthly
monthly
monthly

CORPORATION
FINANCES.

Total
bonds*

Thousands of dollars.

143,103 137,145
148,948
119,710
119,613
155,426
182,208
177,919
127,498
199,095

172,301
120,306
164,915
276,925
373,198

13,132
13,722
14,527
16,452
18,700

3,710
3,709
4,139
4,785
4,700

0,924
3,992
14,448
19,404
15,378

252,061
265,764
284,573
295,830

112,068
251,764
258,886
219,572

183,275
1,056,519
1,249,920
663,262

20,225
24,635
30,320

4,649
5,104
5,415

11,948
26,073
18,728
14,287

7,240
9,763
12,699
13,224

398,012
164,731
267,990
356,921

338,415
202,528
275,771
471,726

2,280,461
1,158,861
,375,797
,354,262

28,634
28,045
29,651
30,981

6,232
6,062
5,808
5,542

19,654
21,730
28,795
27,976

78,406
71,142
86,804
70,550

273,679
227,194
219,405
271,362

352,085
298,336
306,209
341,912

547
674
681
673

10,826
32,991
21,906
28,373

238,291
285,050
340,855
175,619

245,053
266,384
240,893
168,136

,417,614
,323,221
,260,419
941,288

31,849
31,703
31,501
31,727

5,634
4,949
3,838
4,499

16,371
9,197
12,395
13,695

67,459
63,915
62,016
70,079

298,757
248,207
168,460
135,445

366,216
312,122
230,476
205,524

677
923
1,525

29,554
38,915
30,758
5S,872

237,252
374,059
249,216
326,979

145,023
338,793
176,700
237,208

950,953
1,179,801
895,563
860,803

32,888
33,123
31,933
32,903

5,768
5,759
5,501
5,983

15,317
13,614
22,157
23,829

111,564
126,344
112,862
141,612

170,1S9
201,231
205,402
405,539

2S1,753
327,57,
318,264
547,151

13,550
10,915
12,889
11,052

1,895
1,641
1,336
1,487

52,137
60,852
67,409
38,568

361,070
165,220
277,846
351,981

257,423
298,708
138,701
390,668

1,243,460
654,376
954,700
987,895

34,394
33,206
35,650
36,398

6,434
6,706
7,896

15,976
10,147
15,907
15,273

112,065
71,300
87,072

181,421
149,014
135,918
135,429

293,486
220,314
222,990
227,712

15,847
16,849
15,355
14,556

11,520
11,967
11,478
11,541

1,356
1,320
1,444
1,562

57,066
34,639
42,774
42,904

238,061
292,168
340,166
236,500

177,638
179,114
170,474
138,929

601,044
675,#978
281,759
580,141

36,560
36,743
36,160
36,566

8,275
8,084
6,829
7,178

17,032
18,174
9,295
10,992

113,177
92,132
109,535
100,246

128,023
217,741
143,182
127,718

241,200
309,873
252,717
227,96-

15,079
16,027
16,822
18,476

11,980
12,817
12,309
12,994

1,466
1,713
1,988
2,444

37,021
53,059
53,470
87,502

356,779
247,877
322,497
359,800

205,792
103,149
255,938
318,335

489,846
503,394
367,956
618,572

36,067
37,905
37,657

8,132
8,168
8,172

12,807
12,883
15,332
17,622

119,819
118,403
183,320
188,880

207,123
218,018
214,625
219,342

326,942
336,426
397,945
40S,222

1,050

41,499
56,959
79,623
94,199
61,866

40,842

41,499
56,959
79,623
94,199
85,690

117,059
47,544
164,603
71,322 236,814 308,130
235,406
323,969
88,563
173,129
288,816
115,686

1922.
January.......
February
March
1
Except telephone earnings, which are combined reports of 10 largest telephone companies as reported to the Interstate Commerce Commission. Bank clearings are
from Bradstreets: Business failures from Dun*s Review; Dividend and interest payments, New capital issues, and New incorporations from the New York Journal of Cowr
merce; Stock sales from TheAnmlist; and Bond sales from Dow, Jones & Co. •
a
Represents the value of the authorized capital of new enterprises incorporated in the principal eastern states.
•Includes 130 cities.




120

INTEREST RATES, SECURITY PRICES, AND ISSUES,
Table 91.—INDEX NUMBERS.
Based on data from commercial and trade sources.1
[Base year in bold-faced type; numerical data on opposite page.]
INTEREST
RATES.1

YKAB AND MONTH.

New
York
call
loans.

Commercial
doublename
paper,
60-90
days.

25
Industrials.

25
railroads.

10
highest
grade
rails.

10
secondgrade
raUs.

10
public
utility
bonds.

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average..
average..
average..
average..
average..

100

100
78
60
59
82

I 100

108
60
80
107

100
130
167
147

100
94
89
95
83

100

1918 monthly
1919 monthly
1920 monthly
1921 monthly

average.,
average.,
average..
average..

166
205
246
189

101
94
127
113

139
182
184
137

74
75
68
64

87
79

1920.
January
February
March
April

283
313
253
231

103
111
116
117

207
184
202
212

68
66
70
68

81
81
77

May....
June....
July....
August.

220
228
264
226

124
134
135
138

190
192
191
177

65
64
65
66

74
76
77
79

September.,
October
November..
December..

226
241
253
217

138
138
137
136

181
177
155
144

71
74
70
64

81
84
82
79

79
83
80
77

68

1931,
January
,
February
March
April
,

210
228
216
203

135
134
132
131

148
148
144
145

66
65
63

83
82
81
81

May....
June
July
August.

214
196
179
179

120
117
111
103

149
130
125
121

65
62
64
65

80
78
81
82

162
165
159
160

102
97
90
89

129
129
136
141

65
64
65

83

Combined
index
(40
bonds).

Municipal
bonds.

NEW MUNICIPAL
BOND ISSUES.*
Permanent
loans
(long
term).

103
97

100

Temporary
loans
(short
term).

Relative to 1913.
100

100

93
95
91

109
121
122
109
64

100
59
32
61
81

100

100

100

105

108
101

105
98

87

98
100
85
78

91
90
78
78

103
101
112
114

319

96
91
90

84

81
77

102
105
109
107

254
114
205
185

252
105
308
161

83
82
82
81

75
75
75
75

112
117
118
118

133
132
235
191

47
76
21

68

82
85
83
79

77
81
79
75

118
116
114
112

206
184
190
240

138
190
130
134

81
70
78
78

70
71
71
72

84
80
80

79
78
77
77

114
113
114
115

224
217
185
279

150
102
261
310

79
77
79
81

72
70
72
73

80
77
70
76

77
75
77
78

115
116
118
118

225
372
319
353

173
112
107
102

75
75
77
80

77
73
79
77

79
78
81
84

117
115
112
101

310
370
377
599

183
148
17

103

88
88
77
81

82
78
79
76

84
70
73

76
73
74
71

73
74
74
75

83
87

91

1923.
January
February
March




10
Industrial
bonds.

Relative to 1915.

Relative to 1913.

September..
October
November..
December..

BOND
YIELDS.*

BOND PKICES.2

STOCK PRICES.5

See footnotes on opposite page.

68
68
66

74
72

80

98
93
137

121

INTEREST RATES, SECURITY PRICES, AND ISSUES,
Table 92.—NUMERICAL DATA.
From commercial and trade sources.1
[Base year in bold-faced type; index numbers on opposite page.]
I N T E R E S1T
RATES.

YEAR AND MONTH.

New
York
call
loans.

Commercial
double^
name
paper,
60-90
days.

STOCK PRICES.^

25
industrials.

25
railroads.

10
highest
grade
rails.

Dollars per share.

Percent.

BOND
FIELDS.*

10
second
grade
rails.

10
public
utility
bonds.

10
Industrial
bonds.

Per cent of par.

1913 monthly average...
1914 monthly average...
1915 monthly average...
1916 monthly average...
1917 monthly average...

3.18
3.45
1.91
2.53
3.40

5.78
4.52
3.44
3.42
4.73

$58.15
58.23
75.66
97.31
85.33

S82.92
77.89
73.39
78.87
69.02

89.79
92.45
87.43

75.55
78.00
72.42

73.82
77.59
72.36

70.51
75.89
71.35

1918 monthly average...
1919 monthly average...
1920 monthly average...
1921 monthly average...

5.27
6.51
7.82
6.02

5.86
5.42
7.34
6.55

81.01
106.08
107.21
79.78

61.39
62.10
56.07
53.27

80.02
77.89
71.33
74.39

66.12
66.33
58.54
61.43

63.89
61.77
51.99
53.92

1930.
January
February
March
April

9.00
9.94
8.06
7.35

5.98
6.41
6.69
6.78

120.51
106.96
117.74
123.35

56.27
55.03
58.32
56.14

74.63
72.31
72.46
69.17

61.78
59.13
60.06
57.05

May
June
July...
August

7.00
7.25
8.40
7.19

7.16
7.72
7.83
8.00

110.77
111.83
110.81
102.82

54.29
53.02
53.97
54.97

66.82
67.72
68.97
70.89

September
October
November
December

7.19
7.65
8.06
6.90

7.97
8.00
7.94
7.88

105.06
102.94
89.88
83.83

58.50
61.48
57.89
53.02

1921.
January.
February
March.
April

6.69
7.25
6.8$
6.45

7.81
7.75
7.63
7.58

86.01
86.24
83.94
84.43

Hay.-..
June..
July...
August..

6.81
6.22
5.70
5.69

6.94
6.75
6.40
5.94

September
October.
November
December..

5.15
5.25
5.06
5.10

5.90
5.63
5.19
5.13

1922.
January
February
March.




Combined
Index
(40
bonds).

NEW MUNICIPAL
BOND ISSUES.*

Municipal
bonds.

P c r m a - ' Pemporary
n c n t loans
loans
(short
(long
term).
term).

Per cent.

BOND P R I C E S . '

Thousands of dollars.

76.76
80.49
75.58

4.45
4.16
4.23
4.06
4.26

S34.049
37,159
41,049
41,450
37,078

S40,2G8
23,838
12,894
24,367
32,704

69.36
70.76
60.12
55.28

69.84
69.07
59.70
60.15

4.60
4.49
5.00
5.08

21,902
64,183
64,472
108,091

39,423
37,508
55,341

55.80
54.06
54.50
52.38

67.50
64.44
63.70
61.71

64.18
61.77
62.03
59.45

4.56
4.66
4.83
4.77

86,647
38,858
70,161
63,102

101,684
42,310
123,990
64,866

55.26
55.89
55.74
56.71

50.65
50.56
50.01
48.70

58.81
58.17
57.85
57.27

57.29
57.45
57.37
57.36

4.99
5.19
5.26
5.25

45,183
15,031
79,915
65,293

18,742
30,684
8,534
34,607

72.77
75.03
73.86
71.35

59.66
62.75
60.68
57.82

50.18
54.30
52.83
49.88

58.03
59.66
58.61
55.73

59.12
62.07
60.64
57.72

5.27
5.18
5.06
4.97

70,713
62,592
64,613
81,557

55,763
76,592
52,318
53,997

54.54
53.87
52.14
51.37

74.92
73.81
73.14
72.52

60.89
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
59.39

5.06
5.05
5.07
5.11

76,181
73,831
62,980
94,946

60,5$6
41,270
105,252
124,930

86.38
75.83
72.97
70.42

53.83
51.19
53.14
53.22

72.25
70.31
72.56
73.66

59.84
58.17
60.06
61.08

52.88
51.67
53.04
53.87

56.16
54.06
53.66
53.69

59.46
57.75
58.89
59.59

5.12
5.18
5.26
5.24

76,749
126,723
108,707
120,147

70,007
45,482
42,930
41,249

75.19
75.03
78.80
82.07

54.14
53.31
54.18
54.36

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
59.83
62.13
64.10

5.22
5.13
5.00
4.50

105,680
125,921
128,526
203,842

73,529
59,543
6,757

4.38

1
New York market rates as compiled by the Commercial and Financial Chronicle*
* Average of 40 bonds compiled by Dow, Jones & Co.
> Average market yield of bonds of 20 large cities at the first of each month compiled by The Bond Buyer.
* Sales by states and municipalities of new bond issues as compiled by The Bond Buyer.
* Closing prices of the month on New York Stock Exchange as compiled by the Annalist.

v

*

122

PUBLIC FINANCE.
Table 93.—(A) IffDEX NUMBERS AND (B) NUMERICAL DATA,
Based on data from Government sources.

1

[Baso year in bold-faced t y p e ]
U. S . G O V ERNMENT
DEBT.

Y E A R AND MONTH.

U. S.
GOVERNMENT
FINANCES.

MONEY IN
CIRCULATION.*

u. s.
GOVERNMENT
DEBT.

Total
- Total OrdiOrdinary
Total
CusTotal
inter- Liber- tC u s s ordi- nary
ordinary disbursetoms
Interest- Liberty
disnary
Total. Per
ty 1( o m
estrecapita. bcarlng.* Loans.* receipts.2 receipts. 2 m e n t s . 2
burserebcar- loans* ! ceipts/
ceipts/ ments 2
Relative to
1919.

Relative to 1913.

Relative to
1919.

Millions of dollars.

100
92
66
67
71

4
4
4
4
11

100
101
90
108
154

100
103
107
106
168

Thousands of dollars.

MONEY
IN
CIRCULATION.*

Total.

Per
capita.

Millions
of
dollars.

Dollars.

§4,018

$38.59
42.53
46.00
50.29
45,62

B.—NUMERICAL DATA.

A . - I N D E X NUMBERS.
1913 monthly avcrago..
1914 monthly average..
1915 monthly avorago..
1910 monthly avorago..
1917 monthly avorago..

U. S. GOVERN3IENT
FINANCES.

82

84

826,573 S60,343
61,223
24,360
58,159
17,482
64,972
17,766
93,181
18,830

$56,893
58,355
60,950
60,374
95,658

S966
968
970
972
2,713

$1,466
9,313
30,736
20,409
19,828

15,228
15,286
26,961
26,160

347,834
387,300
536,006
414,323

747,211
1,280,447
370,485

4,500
4,915
5,385
4,927

48
100
95
94

45
100
99
96

57
.58
101
98

576
642
8S8
6S7

1,313
2,250
742
651

92

93

100
110

100

100

109
99

11,986
25,234
24,061
23,598

101

102
101
101
101

108
101
129
105

423
380
1,821
526

612
519
945
SS8

108
104
107
107

108
104
107
107

25,424
25,161
24,455
24,707

21,068
20,976
20,904
20,829

28,629
26,779
34,378
27,918

255,388
229,527
1,099,041
317,258

348,294
295,457
537,541
505,329

5,312
5,110
5,278
5,273

49.81
47.83
49.41
49.33

Hay....
Juno
July....
August.

99
99
9S
9S

110
129
116
110

427
2,164
382
G60

695
834
539
787

108
109
110
110

108
109
109
109

24,736
24,061
23,985
24,091

20,488
20,409
20,389
20,377

29,129
34,302
30,694
29,328

257,501
1,305,837
230,367
398,401

395,475
474,362
306,502
447,571

5,291
5,353
5,381
5,385

49.45
50.00
50.19
50.22

Soptombor..
October
November..
Decomber..

9S
93
93
98

90
96
82
70

1,510
365
456
1,544

S73
750
749

711

112
113
114
114

111
112
114
113

23,853
23,825
23,939
23,745

20,329
20,312
20,088
20,269

24,036
25,600
21,185
18,555

911,307
220,035
275,421
931,989

496,777
426,497
426,092
404,575

5,480
5,553
5,617
5,584

51.06
51.70
52.26
52.13

1918 monthly
1919 monthly
1920 monthly
1921 monthly

average..
average..
averago..
average..

1920.
January..,
February..
March
April

100
97
93

422,039

1931.
January...
Fobruary..
March
April

9-4
94
94

9S
97
97
97

98
80
110
152

360
412
1,527
491

682
617
943
868

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
48.73
48.41
46.91

May....
Juno
July....
August.

94
91
93
94

96
96
95
95

96
93
75
99

371
1,2-13
346
402

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
19,796
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

95
94
94
94

88
99
93

1,142
394
324
1,227

468
535
570
580

95
95
94
93

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

689,323
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

Soptomber..
October
November..
December..

92
93
92

1923.
January...
February..
March
1 From U. S. Treasury Department, except money in circulation, from the Federal Reserve Board.
Monthly averages for fiscal years ending June 30,1913 to 1920.
* Represents money held outside of the U. S. Treasury and the Federal Reserve system; figures for years 1917 to 1920 are as of December 31.
* Includes Liberty and Victory Loans and War Savings Securities; figures for the years 1913 to 1920 are as of June 30.
6
Figures for the years 1913 to 1920 are as of June 30.
2




123
CREDIT CONDITIONS.
Table 94.—(A) INDEX NUMBEES AND (B) NUMERICAL DATA.
Based on data from commercial and trade sources.1
[Base year in bold-faced typo.]
PAYMENTS.

YEAR AND MONTH.

United Pacific Moun- North
Middle South
States
tain
2
Agricul- Agricul- Agriculaverage* Coast. Section.3 tural.*
tural.5
tural.s

United

East.'

States
average.

Relative to 1916.

Pacific Moun- North Middle South
tain
H
Coasts Section.3 Agricul- Agricul- Atural.«
tural.*
tural. 5
Percentage of total recorded transactions.

A.—INDEX NUMBERS.
1916 mo.
1917 mo.
1018 mo.
1919 mo.
1920 mo.
1921 mo.

av..
av..
av..
av..
av..
av..

100
105
, 106
110
108
97

East.7

B.—NUMERICAL DATA.

1OO
99
103
110
112
105

100
107
101
103
103
93

1OO
103
102
108
106
96

1OO
113
106
111
107
99

1OO
106
112
115
112

1OO
102
1Q2
108
107

55.0
57.5
58.4
60.7
59.4
53.3

56.6
56.2
5S.4
62.5
63.3
59.2

53.2
62.2
58.9
59.9
60.1
54.2

55.4
57.1
56.7
60.0
58.8
53.4

58.0
65.8
61.6
64.5
62.3
57.5

49.5
52.6
55.5
56.8
55.2
48.4

57.2
58.6
58.5
61.6
61.1
56.0

1930.
January
February
March
April........

116
115
114
109 .

115
124
114
115

114
114
115
105

114
112
112
108

118
115
113
108

118
121
121
118

110
110
112
104

63.8
63.2
62.9
60.2

64.9
70.3
64.8
64.9

66.1
66.1
67.1
61.1

63.1
62.0
62.2
60.0

68.2
66.9
65.7
62.9

58.2
60.1
60.1
58.3

63.1
63.0
63.8
59.6

May....
June
July....
August.

113
111
110
106

115
113
110
109

109
102
105
96

108
113
107
10S

112
111
107
105

118
116
112
107

115
109
113
109

62.3
61.1
60.3
58.2

65.3
64.1
62.2
61.9

63.3
59.3
61.2
55.6

59.9
62.6
59.4
59.9

65.1
64.6
62.0
61.1

58.4
57.3
55.2
53.1

65.9
62.2
64.4
62.2

September.
October....
November..
December..

104
103
97

111
108
105
101

96
96
97
92

105
10S
84
94

102
103
99
93

104
109
100
95

107
100
95
99

57.2
56.9
53.3
52.8

63.1
61.3
59.4
56.9

55.6
55.6
56.4
53.7

58.2
59.8
46.4
51.9

59.3
60.0
57.7
54.0

51.3
53.9
49.3
47.2

61.2
57.3
54.2
56.8

95

107
116
111
104

93
86
99
97

96
100
93
90

100
101
104
105

103
107
101

91
100
109
101

52,5
55.2
57.4
5-1.4

60.8
65.5
62.6
53.6

54.3
50.3
57.8
56.2

53.3
55.3
54.4
49.8

57.8
58.7
60.2
61.0

46.1
51.2
52.9
50.2

52.3
57.0
62.1
57.9

102
102
107
108

89
101
95
100

106
93
103
97

101
102
104
99

99
102
101
97

100
100
105
102

55.0
54.9
55.9
54.3

57. S
57.6
60.6
61.2

51.6
58.9
55.3
58.4

58.6
51.4
57.1
53.5

58.6
59.2
60.1
57.6

49.2
50.6
49.8
48,2

57.4
57.1
60.2
58.5

91

96
94
103
107

91
94
88
83

103
90
93

94
93
95^
92*

96
92
S9
92

98
87
91
92

51.8
49.2
49.3
50.3

54.6
53.1
58.1
60.7

53.1
54.6
51.0
48.4

49.4
56.9
50.0
51.5

54.3
54.2
55.0
53.1

47.5
45.7
44.0
45.6

56.0
49.5
51.9
52.8

91

93

83

97

91

92

92

50.1

52.7

48.2

53.6

52.7

45.3

52.9

1921.
January
February
March
,
April
,
May....
June....
July....
August.
September.
October
November..
December..
1922.
January
February
March

100
104
99

100
100
102
99
94
89
90

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 those transactions are largely textiles. 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.
4
Montana, North and South Dakota, Minnesota, and Wisconsin.
6
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.




124
CREDIT CONDITIONS.
Table 95.—INDEX NUMBERS.
Baaed on data from commercial and trade sources.1
[llaso year in bold-faced type; numerical data on opposite page.]
INDEBTEDNESS.

ORDERS.

YEAR AND MONTH.

United Pacific Moun- North Middle South
tain
Agricul- Agricul- Agrlcul2
States
average. Coast. Section.3 tural.*
tural. 1 tural.e

Kust.'

United Pacific Moun- North Middle South
States
Agricul- Agricul- Agrlcultain
2
tural. 5
average. Coast. Section.3 tural.*
tiiral.*

East.7

Relative to 1910.
1 1 mo. av.
9G
1017 mo. av.
1918 mo. a v .
1919 mo* a v .
1920 mo. av.,
1921 mo.av.

1OO

100

IOO

IOO

1OO

IOO

IOO

103

101

99

lot

93

98

97

106

99

106

91

SO

100

10S

102

104

SS

81

91

110

99

103

93

94

SO

100
91
91
9t
78

S2

94

90

S7

94

91

103

10.5

107

105

104

102

102

92

97

104

111

89

113

109

99

105

85

85

100
85

100
101

January
February
March
April
May....
Juno—
July....
August.
September.,
October....
November..
Decomber..

102
103
101

IOO
96
90
101

IOO
93
90
91
89
92

IOO
94
94
90
94
94

IOO

too

94

92
85
SI
89
94

90

94
86
78
87

90

SO

103

9S

9G

107

110

97

109

85

SO

SO

74

109

100

100

10S

118

104

117

S7

88

89

87

101

95

101

102

110

100

105

88

96

99

86

106

9S

101

100

117

104

10S

91

91

98

89

100

S7

90

102

123

102

10G

96

97

102

95

102

S3

90

101

117

90

104

92

93

115

85

108

93

90

113

115

10G

109

93

102

113

89

100

90

97

I0G

110

106

109

100

99

100

98

95

isi

S2

90

9S

99

99

104

96

112

99

74

73

69

77

S5

71

07

108

104

114

102

January
February
March
April

63

59

5S

SI

71

flS

59

97

82

91

85

ss
so

73

S3

91

93

SS

90

SI

66

96

76

SI

93

92

SI

6S

$5

92

May....
June
July....
August.

S2
91
99
99

September..
October
November..
December..

OS

January
February
March




91
92
100

SI
70

82

7$

S2

78

91

95

%

89

112

92

89

109

S2

90

9S

SO

89
93

87

79

SO

79

76-

8G

93

80

SS

81

S3

99

92

105

97

do

94

98

101

96

105

95

101

92

SO

93

87

104

98

97

S9

84

90

90

91

103

102

91

94

92

107

"87

97

91

100

107

86

101

111

111

96

67

79

S9

91

99

104

100

111

SS

90

90

95

76
90

105

S9

109

117

110

108

ss

04

103

91

109

117

114

Soe footnotes on opposite page, except boundaries of districts on page 123.

87
94
93

84
84
8S
86
93
96
95

96
99
104
107

93
74
7S

94

SS

92

93
104
106
10S

103
84
82
91

100
95
91
92
95
103
107
113

10S

9G
92
94
88

91
85
78
82
83
87
89
87
85
91
100
10S

96
84
77
93
99
95
91
87

105

92
107
102
107

111

106

90
94
103

125

CREDIT CONDITIONS.
Table 96.—NUMERICAL DATA.
From commercial and trade sources.1
[Base year in bold-faced type; index numbers on opposite page.]
INDEBTEDNESS.

ORDERS.

YEAR AND MONTH.

United Pacific Moun- North 3Iiddle South
States
tain
3
Agricul- Agricul- Agriculaverage. Coast. Section.3 tural. 4
tural.*
tural. 5

EastJ

United Pacific Moun- North
States
tain
3
Affricul
average. Coast. Section.3 turaU

Middle
tural.

5

South
Agricultural.*

East.*

Percentage of total recorded transactions.

I

27.6
28.0
28.2
58.3
28.0
24.6

33.2
33.1
31.3
31.3
31.2
25.8

30.6
32.2
29.7
30.5
28.8
25.0

25.8
25.4
28.0
27.3
26.3
23.8

27.2
27.5
28.7
29.3
29.8
25.6

27.7
27.4
27.5
28.2
27.4
24.9

26.3
27.4
28.0
27.4
27.2
22.9

38.8
36.2
35.2
34.1
36.2
36.6

34.2
33.6
30.6
27.6
32.1
31.0

34.5
33.0
33.7
30.9
34.7
33.9

38.8
3G.1
35.0
35.5
34.7
35.6

37.8
35.7
35.4
34.1
35.4
35.7

40.6
38.1
37.4
35.5
38.1
37.9

1920.
January
February
March
April

28.3
28.8
28.4
30.2

34.9
36.8
32.5
33.2

32.7
27.1
29.4
30.7

27.2
29.2
27.7
27.9

28.3
29.7
29.9
32.0

2S.2
27.3
27.0
2S.7

26.9
27.6
28.7
30.8

35.8
32.9
33.1
33.6

33.2
28.9
27.2
30.1

34.4
29.4
27.5
30.8

35.0
31.1
28.6
33.6

35.6
32.6
29.5
32.9

36.6
34.1
34.1
35.8

35.6
33.6
30.5
32.4

May....
June
July....
August.

27.9
29.3
29.3
28.2

31.6
32.5
29.0
28.1

31.7
30.9
29.3
29.4

26.4
25.9
26.2
26.0

29.9
31.7
33.5
31.9

27.6
28.9
28.2
26.7

27.5
28.4
27.8
27.4

34.0
35.4.
37.1
35.6

32.7
31.0
33.1
31.8

34.1
33.7
35.3
39.8

33.3
34.6
37.0
33.0

34.3
34.9
37.7
33.8

35.1
37.6
39.1
38.5

32.7
34.1
34.9
34.1

September..
October
November..
December..

29.7
29.2
26.3
20.3

32.6
30.0
27.5
25.1

29.3
29.6
25.0
21.0

29.2
27.3
23.2
19.8

31.2
29.9
26.6
23.2

29.5
29.5
27.5
19.7

28.6
28.7
26.1
17.7

36.2
38.7
40.2
41.9

34.9
33.8
32.9
35.6

39.0
34.5
38.5
39.2

34.7
38.1
38.5
39.4

36.1
37.6
39.2
40.5

37.9
42.1
42.9
43.9

33.6
35.7
39.4
42.6

1921.
January
February
March
April

17.5
24.4
23.8
23.3

19.5
24.3
23.8
26.4

17.7
25.4
24.7
20.8

20.8
24.2
23.9
22.0

19.3
25.2
24.9
25.1

16.0
24.3
23.3
22.6

15.6
23,8
23.0
22.6

37.8
31.6
30.6
35.9

27.9
22.7
27.3
27.2

31.3
33.1
27.4
30.5

32.8
29.4
29.4
36.5

35.2
28.1
29.4
34.7

41.9
34.3
33.2
36.9

37.9
33.1
30.1
36.5

June
July....
August.

22.7
25.0
27.4
27.2

23.4
27.3
31.9
30.4

25.0
23.8
27.2
27.3

20.0
23.4
29.0
28.1

23.8
25.8
28.5
28.3

23.2
24.5
26.3
27.2

21.9
25.1
26.6
25.4

38.3
36.5
35.8
34.5

31.6
33.6
27.3
28.8

36.2
34.9
32.0
30.9

37.8
37.3
33.7
34.8

37.7
36.0
34.5
34.7

38.9
37.3
38.2
35.6

39.1
37.2
35.9
34.3

September..
October....
November..
December..

27.0
27.1
24.6
25.5

27.2
26.4
22.4
27.6

27.4
29.7
24.1
26.8

23.4
23.6
22.9
24.7

27.9
27.1
25.5
26.0

28.3
29.6
27.3
26.3

24.6
22.7
20.1
23.6

36.3
39.2
40.9
42.2

31.5
38.1
35.7
39.9

36.9
3a 4
36.6
38.0

33.6
37.1
43.0
41.8

35.8
39.1
40.5
42.7

36.7
38.0
42.0
42.5

36.0
42.1
40.2
42.2

1922.
January
February
March

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

1916 mo. av..
1917 mo. av.,
1918 mo. av..
1919 mo. av..
1920 mo. a w .
1921 mo. av..

39.3
36.2
33.5
31.7
34.9
37.1

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 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
a
nd payments will usually exceed 100 per cent. The commodities covered are largely textiles, and the individual orders are stated to average from $250 to 5600, depending
oa 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 123.




126
FOREIGN TRADE OF THE UNITED KINGDOM.
Table 97,—INDEX ffTTMBEKS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]

YEAR AND MONTH.

Food,
drink* Raw
Total. and matetorial.
bacco.

EXPORTS OF KEY
COMMODITIES s
(quantities).

REEXPORTS
(values).

EXPORTS
(values).

IMPORTS
(values).

Food,
ManManFood,
drink, Raw
ufacdrink, Raw ufactured Total. and mate- tured Total. and matetotorial.
artirial. artibacco*
cles.
bacco.
cles.

Manufactured
articles.

Relative to
1920.

Relative to 1913.

1913 monthly average.
1914 monthly average.
1915 monthly average
1916 monthly average.
1917 monthly average.

100
91
115

100

100

103

84

131

102

123

144

120

138

157

1918monthly average.

171

1919 monthly average.

100
82
73
96

1OO

137

100
83
94
98
113

196

163

212

244

229

1920monthly average.

252

266

1921 monthly average.

142

196

January...

291

303

Fobruary.

266

239

March

276

April

261

Woolen
CotIron
ton
and
and
piece wor- steel.
goods* sted
tissues.

Coal.

Relative to
1913.

77

75

91

92

100
82
71
96

100

50

96

103

64

47

68

100
82
75
93
64

145

95

37

87

99

28

25

22

43

138

152

102

174

154

150

269

142

105

252

235

254

156

208

272

203

289

192

181

96

127

136

115

91

143

190

78

90

66

43

333

195

242

175

242

279

386

303

171

112

110

C2

55

339

205

196

147

239

195

248

261

285

160

84

82

55

43

256

326

236

237

15S

249

243

296

244

352

205

107

110

70

39

237

305

236

243

146

209

259

223

247

239

176

115

115

66

33

95

89

100
84

100

100

87

109

90

140

85

89

132

77

1OO
84

00
(>
*
1OO

100

1OO
78
65
67
47

100
80
59
52
43

33
46
70
35

43
48
34
34

1920.

May

260

269

258

252

273

148

227

294

222

254

224

199

120

119

June

266

279

247

277

266

159

197

289

220

310

206

203

110

113

July

255

288

221

257

314

166

215

347

195

274

173

203

107

126

August..

239

255

218

248

263

129

180

291

146

255

104

181

99

103

67

30

September.

238

278

190

251

268

159

163

298

146

271

102

176

103

93

62

24

October

234

286

189

225

257

172

165

279

177

347

132

181

82

79

67

23

November..

225

254

198

223

273

174

161

302

144

319

93

159

93

88

56

22

December..

223

246

207

214

221

141

211

230

139

301

154

67

62

46

38

January...

183

203

158

212

142

132

233

109

163

92

117

67

63

57

28

February.

151

197

109

145

156

113

101

170

88

117

82

S3

66

48

41

28

March

146

210

76

155

153

107

100

166

97

215

76

80

63

41

36

32

April

140

219

70

126

137

137

50

152

93

72

87

50

46

39

10

May

135

207

71

120

77

25

113

79

147

64

75

34

25

0

June

133

215

78

109

87

90

19

98

78

168

49

90

41

33

17

0

July.....

126

174

S6

112

99

99

4S

107

103

230

76

90

48

36

15

13

August..

13S

209

83

113

117

115

121

116

109

206

105

57

37

18

51

September..

136

200

87

111

146

122

120

128

94

204"

72

84

72

28

32

56

October

132

184

91

116

142

128

126

147

114

230

96

88

90

50

38

56

November..

139

171

128

111

144

132

121

149

108

222

90

84

49

47

59

December..

133

162

IIS

113

136

117

133

138

101

183

80

102

52

50

70

35
32
34

1921.

1922.
January.
February.
March




See footnotes on opposite page.

127

FOREIGN TRADE OF THE UNITED KINGDOM.
Table 98.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
IMPORTS
(values).

EXPORTS OF KEY
COMMODITIES»
(quantities).

REEXPORTS
(values).

EXPORTS
(values).

Food,
Food,
ManuManudrink, Raw ManuRaw
drink, Raw
facCotton Woolen Iron
facfacand
mate- tured Total. and mate- tured Total. and m a t e - tured piece worsted and
and
rial. articles.
tototorial.
rial. articles.
artigoods. tissues. steel.
bacco*
bacco.
bacco.
cles.
Food,
drink*

YEAB AND MONTH.

Total.

Thousands of
square yards.

Thousands of pounds sterling (£).

1913 monthly av..
1014 monthly av.
1915 monthly a v .
1916 monthly a v .
1917 monthly a v .

64,061 34,184 23,435 1 6 , 1 3 4
58,053 24,995 19,711 13,374
15,121
73,491 31,740 23,881
15,766
79,042 34,931 28,066
88,680 37,893 32,067
18,214

1918 monthly a v .
1919 monthly a v .
1920 monthly a v .
1921 monthly av..

109,678
135,513
161,379
90,668

47,491
58,938
64,291
47,3S2

38,207
53,834
59,292
22,598

23,343
22,219
37,902
20,425

41,785
66,553
111,289
59,316

1,001
2,775
4,241
3,122

5,083
10,107
12,138
5,322

33,880
52,663
93,394
49,048

2,579
13,729
18,534
8,921

336
3,575
3,842
2,520

1920.
January
..
February....

186,498

March

176,648

73,387
57,683
61,808
57,387

78,137
79,612
76,540
71,587

31,528
33,042
38,156
38,050

105,880
85,964
103,699
106,251

4,763
3,987
4,280
3,959

16,654
13,825
14,482
12,194

83,086
66,733
83,387
88,689

25,464
22,604
27,031
20,407

64,993
67,566
69,571
61,785

60,509
57,919
51,899
51,268

40,580
44,681
41,423
40,016

119,319
116,352
137,452
114,903

4,020
4,313
4,515
3,503

13,211
11,447
12,551
10,467

100,727
99,031
118,954
99,645

44,557
44,299
46,560
48,613

40,573
36,267
35,955
34,553

117,456
112,295
119,365
96,631

4,311
4,678
4,723
3,842

9,515 102,216
9,632 95,701
9,399 103,694
12,277 78,819

170,514
167,154
166,334

June....

170,491

43,770 2,716 5,825 34,281
35,893 2,412
4,893 28,219
4,363 24,411
32,072 2,090
42,190 2,458 6,362 32,783
1,361
5,597 35,301
43,923

9,131 1,329 5,336 2,455
7,956
1,453
4,488 2,007
8,255 1,867
4,549
1,835
8,131
1,756
4,095 2,271
5,806
620 3,615
1,566

565,415
* 478,763
3 395,417
* 438,318
M15,004

14,718
'13,417
8 12,460
U5,432
3 13,874

Coal.

Thousands of
long tons.
4 1 4 6,117
324 4,920
270 3,628
279 3,196
195 2,916

308,321 »8,208
1,048
2,575 9 298,782 13,706
4,437 370,138 22,178
9,562
2.220
242,938

137
190
290
143

2,646
2,937
2,078
2,055

5,134 16,143
3,473 15,201
3,242 18,767
3,287 12,771

4,187
3,929
5,022
4,327

414,875
312,185
397,418
424,216

24,413
18,232
24,355
25,478

258
227
291
272

3,359
2,601
2,406
1,9

20,260
20,124
17,848
13,368

3,376 11,975
4,120 11,010
3,638 9,221
3,385 5,529

4,897
4,992
4,989
4,453

443,688
406,334
395,849
367,144

26,476
24,9S7
28,027
22,736

392
286
370
279

2,140
1,931
2,097
1,847

13,351
16,134
13,115
12,699

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
305,339
343,575
248,443

20,653
17,574
19,513
13,697

255
277
232
192

1,476
1,417
1,361
2,302

1,194
7,571
10,249
4,171

July....

163,342

August.,

153,255

September.

152,692

October....

149,889

November.,

144,260

December..

142,785

67,269
69,168
61,499
59,378

January...

117,051
96,974
93,742
89,996

49,158
47,750
50,888
52,908

37,005
25,504
17,739
16,547

30,467
23,394
24,980
20,374

92,756
68,222
66,809
59,868

3,852
3,075
2,897
3,729

7,668
5,881
5,832
2,936

79,746
58,177
56,969
52,019

9,955
8,004
8,888
8,524

2,160
1,552
2,851
2,543

4,904
4,386
4,074
3,844

2,865
2,041
1,962
2,134

249,613
244,949
232,043
186,849

13,877
10,693
9,121
10,209

236
168
150
163

1,700
1,729
1,968
607

88,180
80,757
88,581

50,094
51,915
42,090
50,584

16,711
18,389
20,232
19,589

19,282
17,600
18,005
18,194

43,088
38,150
43,172
51,346

2,101
2,439
2,702
3,124

1,437
1,125
2,775
7,05S

38,662
33,658
36,705
39,936

7,232
7,080
. 9,362
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
152,782
177,530
212,403

7,566
7,235
8,045
8,232

102
69
64
76

14
8
816
3,103

87,118
84,742
89,259
85,312

48,410
44,475
41,246
39,063

20,465
21,256
29,946
27,792

17,905
18,691
17,913
18.291'

63,842
62,265

3,300
3,466

59,375

3,187

6,997
7,359
7,0t6
7.746

44,009
50,238
51,094
47,36S

8,595
10,3S6
9,S23
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

265,386
353,825
363,633
330,476

6,104
11,109
10,978
11,574

133
156
194
205

3,407
3,407
3,594
4,309

February
March
April
May
June
August
September....
October
November...

1922.
January....^
February.. „ ,
March... *"*
1
9
a

Compiled from British official reports by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
Figures include exports and reexports.
Figures for years 1913-1919, inclusive, are for linear yards.

NOTE.—See p . (97) for exchange rate on pound sterling.




128

FOREIGN TRADE OF FRANCE.
Table 99.—INDEX ffUMBEKS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]
EXPORTS 5
(values).

IMPORTS *
(values).

YEAR AND MONTH.

Total
all
commodities.

Foodstuffs.

Raw
material.

Manufactured
articles.

Total
aU
commodities.

Foodstuffs.

Raw
material.

EXPORTS OF KEY COMMODITIES
(quantities).
Manufactured
articles.*

Chemical
products.

Iron
and
steel.

LinPerSilk Cotton gerie fumes
and
fabrics. fabrics. wearing and
apparel, soaps.

Relative to 1913.
average.
average.
averago.
averago.
average.

1918 m o n t h l y
1919 m o n t h l y
1920 m o n t h l y
1921 m o n t h l y

average.
average.
average.
average.

100
76
132
245
327

100
100

265

311

278
384

425
577

624

277

342

100
71
94
197
240

100
65
185
352
524

100
71
57
90
87

100
77
77
70
59

100
70
41
58
59

100
70
60
109
106

100
67
20
20
15

100
52
15
16
14

100
82
95
95
67

100
74
36
44
31

100
73
24
' 35
42

100
91
77
73
44

204
298
493
251

398
624
767
293

69
173
422
313

50
142
S'49
230

54
132
337

79
197
472
337

10
36
83

4
36
135

64
97
123

19
63
85

23
41
127

34
59
103

22
86
128
100

191-3 monthly
1914 m o n t h l y
1915 m o n t h l y
1916 m o n t h l y
1917 m o n t h l y

34
152
156
153

99
145
148
146

32
96
74
89

53
97
82
113

129
70
95

356
545
397
595

74
64
72
96

139
211
178
121

107
165
121
166

78
144
S3
101

87
157
115
153

113
131
122
106

1920.
January...
February.
March
April
fi

6623
619
577
584

5718
627
526
807

8530
543
515
421

6798
841
824

3330
491
366
503

411
281
360

523
536
524
634

603
616
493
602

449
453
486
537

659
701
672
813

421
527
342
396

340
401
346
411

291
362
334

495
625
346
418

135
87
97
31

101
81
186
105

141
88
79
65

186
25
37
71

101
230
217
123

87
172
82

January...
February.
March
April

283
230
248
254

229
255
301
258

267
195
191
215

387
307
363
363

328
331
294
237

270
247
233
252

281
308
245
302

361
359
329
370

64
217
65
89

140
189
207
212

101
69
84
107

99
113
106
103

115
8$
104

90
Si
SO
85

May....
Juno
July
August.

223
246
209
247

277
324
287
368

168
211
171
208

330
262
240
232

288
305
273
301

217
212
176
161

268
349
284
287

311
305
287
335

65
85

185
154
133
178

90
90
82
105

122
107
115

September.
October
November.
December..

317
317
332
436

458
475
374
499

292
289
351
450

239
230
235
328

310
307
305
381

210
189
224
371

287
311
309
355

340
329
320
395

74
76

257
304

110

108
102

May....
June
July....
August.
September.
October
November.
December..

6312
405
295
360

1031.

1922.
January...
February.
March




See footnotes o n opposite page.

84
91
152

76
102
87
83
100

129

FOREIGN TRADE OF FRANCE.
Table 100.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
EXPORTS6
(values).

IMPORTS*
(values).
ManuTotal,
Raw
facall c o m - F o o d - mate- t u r e d
m o d i - stufts.
artirial.
ties.
cles.

YEAR AND MONTH.

EXPORTS OF KEY COMMODITIES
(quantities)*

ManuTotal,
R
facall c o m - Food- m aatw- tured
e
m o d i - stuns. rial.
artities.
cles.*

Chemical
products.

Iron
and
steel.

Millions of francs.3
1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average
1917 monthly average

702
534
928
1,720
2,296

1918 monthly average
1919 monthly average
1920 monthly average
1921 monthly average

1,859
2,983
4,053
1,955

470
892
942
517

412
292
3as

151
151
2S5
421
582

Silk
fabrics.

Metric tons.*

138
90'
256
486
724

573
406
328
518
501

70
54
54
49
42

550
862
1,059
405

394
990
2,417
1,796

35
99
244
161

155
108
64
90
91

348
244
210

990
.

839
1,229
2,052
1,033

83.
204
523
463

379,
368
276
687
1,643
1,172

92,719
61,826
18,379
18,865
14,346

84,027
43,865
12,894
13,770
11,824

514
421

9,530
33,490
76,609

3,767
30,547
113,280

327

19,975
79,956
118,686
92,837

813

Llnge- PerC o t t o n !•ie a n d f u m e s
wearfabrics. n g a p - a n d
parel. soap*

28,951
127,620
130,941
128,499

511

487
488
343

501
630

4,613
3,401
1,667
2,016
1,413

653
475
154
230
277

4,286
3,887
3,311
3,131
1,891

868
. 2,914
3,908

152
270
830

1,470
2,514
4,402

1,475
4,420
3,427
4,096

345
631
533
739

1,233
5,526
2,983
4,0S9

3,582
6,623
3,815
4,674

566
1,024
748
996

4,849
5,615
5,248
4,550

8,600
1,170
1,717
3,297

660
1,499
1,418
'802

4,109
3,737
7,355
3,525

4,586
5,196
4,867
4,756

754
577
682
579

3,851
3,596
3,447
3,655

5,613
4,931
5,326
4,285

569
618
576
551

3,246
4,355
3,731
3,576

4,973
4,712

596
990

4,265
4,199

1930.
January
February
March
April
May...
June
July
August

.. .

..

September..
October
November..
December..

"4,370 81,084
4,344
947
4,051
794
4,100, 1,219
.

6 2,185
2,236
2,120
1,736

3,671
3,765
3,677
4,449

911
930
745
909

January
February
March
April

1,9S2
1,614
1 743
1,779

347
386
456
390

1,101

May...
June
July
August..

1,566
1,724
1,469
1 731

419
491
434
555

691

September
October. .
November..
December.

2,226
2,227
2,334
3,063

692

1,204

717

1,192

1,850
1,868
2,004
2,418

743
762
752

5 1,101
1,161
1,137
1,145

6 1,889
2,812
2,097
2,881

£165
2S8
197
252

M84
628
457
558

«1,240
1,896
1,383
2,071

68,784
59,25S
66,524
88,662

117,087
176,880
149,503
102,081

548

910
967
928
1,122

2,413
3,017
1,962

238
281
242
288

451

1,724
2,175
1,203
1,453

125,573
80,218
90,272
28,548

85,155
68,393
156,218
88,032

725

189
173
163
176

436

1,258
1,248
1,144
1,288

59,189
200,809
60,122
82,966

117,736
158,905
173,887
177,823

517

152
148
123
113

415

1,082
1,062
1,000
1,167

59,949
79,271
79,716
79,443

155,343
129,550
111,510
149,732

147
132
157
260

445

1,1S3
1,145
1,113
1,373

68,414
70,285

216,173
255,510

561
517
524

850
620
855

453
407
336

1921.
803
786
887

871
704
856

5G4

1,446

754

1,856

534
425
501
502
456
362
,331
320
330
318
324
453

L,SS3
]L,899
]L,6S6
1,932
L,649
1,750
KR'i

1,725
1,775
1,759
1,749
2,183

478
379
468

541
440
445

482
479
550

*
1922.
January
February..
March.

t

•

Compiled from official reports by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
a See p. 97 for exchange rates on French francs.
' One metric ton is equal to 10 quintals, or 1,000 kilograms, and is equivalent to 2,204.6 pounds avoirdupois.
^ includes parcel post shipments.
i f,lgUres f o r m 0 I l t l i s of 1921 are based on 1919 valuation, which will later be revised to a 1921 valuation.
Monthly average of first five months of the year. Data not available by months on account of change to final 1920 valuation.

84796°—22




9

355
434
549
464
463
421
542
567
505

130
FOREIGN TRADE OF BELGIUM, DENMARK, AND SWEDEN.
Table 101.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-laced type; numerical data on opposite page.]

TOTAL
TRADE
(values)/
YEAH AND
MONTH.

SWEDEN.

DENMARK.

BELGIUM.
TOTAL
TRADE
(values).

EXPORTS OP KEY
COMMODITIES
(quantities)*

ElCe- Iron
Imand
ports. ports. Glass. ment. steel.

ExImCoal. ports. ports.

EXPORTS OF KEY
COMMODITIES
(quantities).
Pork
products.

Beef,

and
veal,
fresh.

EXPORTS OF KEY
COMMODITIES
(quantities).

TOTAL
TRADE
(values).

Im- Ex- L u m - Wood
ports. ports. ber. pulp.

Butter.

Eggs,
fresh.

100
104
132
144
115

100
86

Iron
ore.

Pig
iron.

Relative to 1913.

19L3 mo. av. 100
1914 mo. av. 299
1915 mo. av.
1916 mo. av.
1917 mo. av.

100
93
135
159
127

100
2 102

100
2 95

100
884

100
a 101

100
299

100
120
157
181
148

100
117
111
83
64

100
115
151
103
106

100
101
103
94
60

100
94
103
101
73

100
74
93
86
87

100
84

190
165

100
78
101
111
63

73
96

93
42
59

100
94
161

135
134
90

149
116
118

113
279

63
244

27
S8

20
84

11
55

68
33

111
305
367

105
140
252

2
3
35

64
53
117

14
36
73

70
92
146

146
299
399

165
193
260

69
89
93

103

69
38
58

1920.
January
February...
March
April

212
237
275
238

148
195
227
254

73
91
86
82

38
65
86
82

27
30
32
35

24
31
33
31

308
339
414
258

193
163
278
146

25
6
8
3

126
153
111
117

SO
27
87
26

37
104
243
87

337
400
'427
378

186
156
221
240

43
27
50
65

69
48
61
89

25
32
45
55

20
34
43
48

May
June
July
August

262
297
222
231

2G7

251
248

120
137
56
81

88
91
9S
90

37
56
61
72

26
29
29
30

254
372
364
396

272
274
263
255

62
60
47
35

153
96
127
139

78
93
87
85

136
239
219
222

445
402
469
436

333
.328
393
337

106
120
201
155

159
139
151
96

48
74
74
87

92
90
SO
67

September..
October
November..
December..

218
232
229
240

256
251
240
254

51
92
95
98

96
101
94
85

71
65
69
86

70
31
29
33

474
422
367
413

296
260
294
248

28
34
45
66

150
8
77
150

85
66
95
70

195
155
79
38

460
424
324
279

342
320
259
252

128
104
70
48

132
121
96
80

84
82
56
32

59
53
57
67

235
224
198
156

217
178
215
220

58
57
54
70

109
73
95
48

106
64
79
86

81
111
289
264

173
165
140
150

134
130
110
101

13
6
7
5

17
8
8
14

45
54
66
80

52
46
9
25

148
146
158
222

189
221
186
255

57
76
57
91

16
19
11
10

85
117
79
102

216
230
236
265

134
132
139
146

121
101
138
165

13
20
36
63

25
21
58
93

73
78
80
74

29
42
14
31

191
199

208
1S6

77
72

18
&

90
87

234
122

178

155

99
113
110

69
76
139

75
74
56

112
64
40

1918 mo. av.
1919 mo. av.
1920 mo. av.
1921 mo. av.

278

1921.
January....
February...
March .
April
May
June
July
August
September..
October
November.,
December..

5 237

6 214

560

^63

*71

572

&200

&203

5M

*83

5 59

5 221

6229

M82

640

»91

572

6143

'

1922.
i

January
February...
March




•
| !

I
See footnotes on opposite page.

131

FOREIGN TRADE OF BELGIUM, DENMARK, AND SWEDEN.
Table 102.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]

BELGIUM.
TOTAL
TRADE
(values).*
YEAR AND
MONTH.

DENMARK.

EXPORTS OF KEY
COMMODITIES

(quantities).

ImExCe- Iron
and
ports. ports. Glass. ment. steel.

Thousands of
francs.8

Coal.

TOTAL
TRADE
(values).

Imports.

Exports.

Thousands of
crowns.'

Metric tons.*

E X P O R T S O F KEY
COMMODITIES
(quantities).
P o r k Beef
and
p r o d - veal, But- Eggs,
u c t s . fresh. ter. fresh.

Metric tons. 4

1913 mo. av. 386,384 302,882 24,151 73,904 144,023 415,123
1914 mo. av. 33S3,858 2308,996 2 22,972 2 62,337 2144,960 2412,414
1915 mo. av.
1916 mo. av.
1917 mo. av.

71,279
66,274
96,444
113,116
90,774

60,107 10,532 1,256
72,287 12,302 1,440
94,105 11,692 1,897
109,074 8,734 1,293
88,856 6,793 1,337

1918 mo. av.
1919 mo. av. 436,357 191,077
1920 mo. av. 1,077,973 737,674

15,265 284,341
78,821 135,151

78,812
217,087
261,842

63,204
83,971
151,313

229
270
3,669

447,542 17,590 27,716 38,240 98,122
590,782 21,982 48,120 43,715 126,832
686,093 20,694 63,572 46,787 135,948
769,918 19,795 60,435 50,459 128,182

219,498
241,781
295,414
183,722

115,783
97,900
167,121
87,903

2,666
634
792
306

1920.
January
February...
March
April

819,456
904,783
1,062,069
919,402

6,486 14,797
21,362 .62,374

SWEDEN.

3,526
8,634
8,749
7,9S8
5,122

Thousands of
eggs.
26,328
27,374
34,680
37,891
30,386

TOTAL
TRADE
(values).

Imports.

Exports.

Thousands8 of
crowns.

70/545
60,576
95,209
94,881
63,214

E X P O R T S OF KEY
COMMODITIES
(quantities)*

L u m - Wood Iron
ber. p u l p . ore.

Pig
Iron.

Thouands of Thousands of Metric
cubic metric tons.4 tons. 4
meters.*

68,112
64,363
109,697
129,698
112,463

328
257
332
365
206

71
67
73
72
52

537
399
499
462
468

807 1,221 18,524
670 3,058 24,342
1,473 6,239 38,461

102,776 112,536
211,165 131,308
281,124 176,856

227
292
306

52
68'
73

372 15,142
202 6,772
311 9,618

1,584
1,922
1,390
1,471

6,790 9,668
2,332 27,448
7,383 64,098
2,196 22,946

237,963
282,103
301,058
266,918

126,811
106,044
150,513
163,662

140
90
165
214

49
34
43
63

136
173
242
297

3,178
5,541
6,981
7,801

258
400
395
469

14,916
14,575
12,943
10,899

16,269
13,671
24,181
18,915
19,270

May
1,011,147 809,029 28,978 65,205 53,268
June
1,149,490 842,665 32,989 67,168 80,283
J u l y . . . . . . . 857,714 769,832 13,483 72,501 87,532
August
891,713 750,963 19,649 66,828 103,951

106,369
119,988
118,494
125,223

180,876
265,275
259,282
282,366

163,751
164,531
158,175
153,455

6,529 1,927
6,300 1,204
4,912 1,593
3,684 1,752

35,694
63,036
57,530
58,318

314,190
283,316
331,104
307,602

227,112
223,559
267,699
229,832

347
395
659.
510

113
99
107
68

September..
October....
November..
December..

291,155
128,666
121,065
136,774

337,560
300,783
261,874
294,469

177,723
156,521
176,684
148,869

2,922 1,886 7,232 51,404
3,593
95 5,667 40,724
4,695
964 8,097 20,752
6,991 1,889 5,969 9,910

324,522
299,341
228,230
197,138

232,798
217,760
176,483
171,311

421
341
229
156

94
86
63
57

451 9,648
442 8,686
303 9,289
171 10,959

1921.
January
February..
March
* 914,787 5647,663 s 14,467 s 46,762 5102,936 6299,797
April.......

167,232
159,875
140,839
111,360

130,443
106,878
129,42S
132,088

6,161 1,370
6,037 '921
5,637 1,193
599
7,337.

9,024
5,439
6,777
7,339

21,308
29,210
75,994
69,624

122,308
116,218
98,906
105,538

91,250
88,745
75,162
68,817

43
19
22
16

12
6
6
10

244
289
356
428

8,464
7,510
1,441
4,016

May...
June
July..
August..

105,665
104,233
112,791
158,520

113,354
132,851
112,040
153,317

5,993
8,010
6,017
9,588

205
241
141
127

7,205
9,943
6,705
8,701

56,848
60,542
62,230
69,740

94,872
93,242
97,917
103,310

82,110
68,513
94,168
112,612

44
66
118
205

18
15
41
66

391
420
431
395

4,772
6,874
2,327
5,105

136,403
142,092

125,230
111,962

8,099
7,570

224
311

7,651 61,554
7,435 32,244

125,910

105,442

325
370
361

49
54
99

403 18,259
399 10,356
303 6,504

September..
October..
November
December

841,904
896,222
885,414
926,204

774,800 12,435
760,628 22,118
727,666 22,844
768,247 23,632

70,969
74,388
69,723
62,864

102,224
93,903
99,098
123,597

6

774,216 3614,577 5 13,010 s 61,526 5 84,255 s 18,894

B

886,671 5551,622 6 9,775 s 67,076 5104,218 5595,509

6,681
7,897
7,387
7,234

1922.
January

February
March..
—
_ _
\ Compiled by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, from official reports.
Av
^rage for first six months only.
t
• See p . 97 for exchange rates on these countries. The Banish crown is now worth from 16 to 18 cents compared to a par value of 26.8 cants.
1 met
*ic ton equals 1,000 kilograms and is equivalent to 2,204.6 pounds avoirdupois. A cubic meter equals 1.308 cubic yards.
1
Figures not available for separate months of 1921. These represent monthly averages for quarters, ending at these dates.
.
Merchandise only, exclusive of coin/and bullion: 1920 averages have been calculated on final revised annual figures and are somewhat higher than the unrevised monthly




132

FOREIGN TRADE OF GERMANY AND SWITZERLAND.
Table 103.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; nhmerical data on opposite page.]
SWITZERLAND.

GERMANY.
TOTAL TRADE 2
(values).

E X P O R T S O P KEY COMMODITIES
(quantities).

Imports* Exports,

Iron a n d M a c h i n ery.
steel.

YEAR AND MONTH.

Coal.

Aniline
dyes.

TOTAL TRADE *
(values).

EXPORTS OF KEY COlttMODITIES
(quantities).

Cotton
Imports. Exports. embroideries.

Silk
piece
goods.

Watches
(including complete
movements).

Aniline
dyes.

100
101
116
114

100
73
100
130

100
102
68
59

122
111
122
99

73
70
92
121

Relative to 1913.
100
*102

100
<102

100
U05

100
<100

100
*103

100
«93

100
86
121
178

100
75
82
83

221

169
143
240
238

61
49
64
60

5 216

1913 monthly average
1914 monthly average

5 252

572

5 142

&105

»124

100
77

ss
1916 monthly averagol

124
125
125

1919 monthly average
1920 monthly average

184

21

51

27

67

28

74
40 "
135
107

1920.
January
February
March
April
May
jun©
July
August

M3
79
64

<53
71
71

*26
27
25

5 226

&261

»76

&117

5 105

5 137

20
16
17
25

35
30
33
34

79
81
74
106

39
25
30
33

5 219

5 238

6 57

597

5 144

5 127

5222

&201

5 36

6 71

544

6 94

6 162

September
October
November
December.... *

*23
29
27

56
48
52
54

'.

*21
32
21

5 139

5 26

577

&58

6 40

j

5 112

5 130

526

565

5 62

550

!

580

6 122

&29

574

5 183

4 43

!

1921.
January
February
March
Apra

*
..

May..........
June
July
August

42
43
46
£2

37
39
41
40

10
12
16
21

24
30
33
44

51
74
80
58

18
23
27
33

September
October
November.
December

43
44
23

36
33
24

23
20

42
45

58
54

41
38

j

1922.
January
February
March

.

„




!

I
See footnotes on opposite page.

133
FOREIGN TRADE OF GERMANY AND SWITZERLAND.
Table 104.—NUMERICAL DATA.
From Government sources*1
[Base year in bold-faced typo; index numbers on opposite page.]
GERMANY.
TOTAL TRADE *
(values).

YEAR AND MONTH.

Imports.

Exports.

SWITZERLAND.

E X P O R T S O P KEY COMMODITIES
(quantities).

Coal.

Thousands of dollars.

Iron a n d M a c h i n steel.
ery.

TOTAL TRADE *
(values).

Aniline
dyes.

Imports.

Exports.

Thousands of francs.

Metric tons.

EXPORTS OF KEY COMMODITIES
(quantities).

Cotton
embroideries.

Silk

piece
goods.

Watches
(IncludAniline
ing
complete dyes.
movements).

Thousands of pounds. Number.

Thousands of
pounds.

1917 monthly average.
1918 monthly average.
1919 montlhy average.
1920 monthly average.

100,575

608,748

541,875
* 558,674

145,883

49,639
4 46,383

33,139

159,985
123,201
140,003
198,209

1,487

1920.
January
February
March
April

1,618
1,220
1,319
1,342

399
402
461
454

1,151
835
1,156
1,500

1,292
1,319
882
700

200,429
200,122
294,449
353,568

5,357
4 5,344

114,700
98,907
139,171
203,976
193,579
163,598
274,841
273,092

991
793
1,042
976

297
160
540
426

1,402
1,283
1,405
1,144

942
906
1,187
1,559

5 346,276

1913 monthly average. S213,599 8197,883 2,883,201
1914 monthly average. <217,277
4 201,088 < 3,028,066
1915 monthly average.
1916 monthly average.

& 288,657

6 1,171

6 567

6 1,203

6 1,603

May
June
July
August

* 84,820
156,673
126,172

* 591,891
930,258
593,824

4 122,574
158,634
146,092

4 26,394
35,362
35,149

4 1,368
1,465
1,358

& 361,150

5 299,257

6 1,222

6 466

5 1,205

6 1,770

September
October'.. .
November
December

110,572
95,202
102,364
106,996

^588,244
447,800
481,763
711,745

189,469
162,359
176,480
182,121

39,154
40,374
33,527
52,744

2,090
1,348
1,621
1,756

5 351,066

5 273,341

6 927

5 388

...»

5 1,647

5 355,781

»231,113

6 584

5 284

6 512

6 1,217

a 259 820

s158 873

5 416

6

309

6 669

& 590

5 178,836

6 148,830

s 424

6 260

&708

6 729

* 128,351

5 139,643

5 470

6 294

6 2,111

»552

1931.
January
February
March...
April
May
June
July
August

89,215
92,6-19
98,666
111,614

73,941
78,098
80,425
79,267

293,260
355,582
453,173
613,739

129,847
162,297
177,773
240,071

25,096
36,719
39,792
29,036

963
1,219
1,452
1,783

September
October
November....
December

101,884
94,380
48 179

71,733
66,144
46,743

649,158
576,048

225,331
246,115

28,757
26,626

2,207
2,051

1933.
January
February
March...
,
1

_jj

_ _

_ _

Compiled by V. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, from official sources.
Figures for 1913,1914, and 1920 converted from gold marks at the rate of S0.238 per mark. Figures for 1921 converted from paper marks at the average New York
exchange rate for the month. For foreign exchange rates see page 97.
Figures include bullion but not coin. For foreign exchange rates see page 97.
6 Monthly average for first six months of the year.
Monthly average for quarter ended this month:




134

FOREIGN TRADE OF THE NETHERLANDS.
Table 105.—(A) INDEX NTJMBEES AND (B) NTTMEKICAL DATA.
From Government sources*1
[Base year in boldfaced type.]
EXPORTS OF KEY
COMMODITIES
(quantities).

TOTAL TRADE
(values).
Imports, Exports.

YEAR AND MONTH.

Butter.

MarCheese. garine.

Flower
bulbs.

Imports.

Metric tons.

68,270

2,083
2,074
2,239
1,990
1,233

31,767
117,609
141,791

205
1,143
1,723

1,243
1,035
3,770

1,459
4,495
7,749

957
1,167
1,367

256,208
233,591
187,916
203,593

135,933
113,310
68,210
99,448

1.207
2,198
1,226
846

2,513
1,668
3,231

10,1288,676
5,707
6,365

150
121
S4
44

328

298,514
345,402
314,861
267,956

170,393
179,478
177,114
130,019

2,977
2,307
2,089
1,288

5,355
6,0G3
8,450
4,259

8,292
5,995'
6,998
9,263

124
6,834

159
113
121
141

340
41
33
20

317,369
337,338
270,811
298,867

165,966
148,140
156,557
156,923

1,952
672
416
3,494

4,055
2,741
2,407
2,173

9,407
6,693
7,136
8,330

7,075
S58
6S2
420

59
70
65
75

85
93
119

6
7
8
2

214,136
170,494
213,830
195,782

115,835
120,956
107,205
108,820

1,937
1,316
1,098
1,969

3,263
3,863
3,588
4,125

4,739
5,010
5,475
7,049

119
146
173
49

73
60
46
78

84
103
87
125

102
97
85
117

93,819
120,816
105,420
142,566

2,245
1,848
1,414
2,420

4,593
5,647

17
435

168,115
188,560
170,674
186,640

6,876

6,033
5,721
5,039
6,911

5
7
355
9,061

51
50
54

79
66
75

110
94
91

197,271
179,043175,806

135,750
114,695
106,624

1,597
1,543
1,655

4,327
3,620
4,139

6,507
5,591
5,371

10,306
1,313

100
100
107
96
59

80,394

27
100
121

66
37
56

23
19
69

25
76
131

46
56
66

50,696
235,478
277,702

109
99
80
86

116
96
58
85

71
40
27

42
46
30
59

171
147
96
108

May
June
July
August

127
147
134
114

145
153
151
111

96
75
68
42

97
110
154
78

140
101
118
157

September.
October
November..
December..

135
143
115
127

141
126
133
133

63
22
13
113

74
50
44
40

91
72
91
83

93
103
91
93

63
43
36
64

72
79

80
103
90
121

S4
76
75

115
93
91

58

1920.
January—
February...
March
April

Flower
bulbs.

5,917
6,599
13,017
13,777
8,818

100
112
220
233
149

22
100
218

Margarine.

5,494
5,654
7,195
7,545
4,673

100
103
131
137
85

1918 monthly average
1919 monthly average
1920 monthly average
1921 monthly average

Cheese.

3,088
3,191
3,529
3,017
2,049

100
103
114

(•>
(»)
<•)
34

Butter.

B.—NUMERICAL DATA.

A.—INDEX NUMBERS.
1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average
1917 monthly average

Exports.

Thousands of florins.s

Relative to 1913.

Relative to 1919.

EXPORTS OF KEY
COMMODITIES
(quantities).

TOTAL TRADE
(values).

...

6

1931.
January
February...
March
April
May
June
July
August
September..
October
November..
December..

495.

4,774

1922.
January..
February.,
March
1

Compiled by the XT. S. Department of Commerce, Bureau of Foreign and Domestic Commerce,fromofficial sources.
• Data for years prior to 1917 based on antiquated official schedule, not comparable with later figures showing real values*
* For foreign exchange rate of florin, see page 97.




135

FOREIGN TRADE OF SPAIN.
Table 106.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
From Government sources*1
[Base year in bold-face type.]

TOTAL TRADE

E X P O R T S O F K E Y COMMODITIES

(values).

(quantities).

TOTAL TRADE
(values).

EXPORTS OP KEY COMMODITIES
(quantities).

Imports. Exports. Red wine* Olive oil. Oranges. Iron ore. Imports. Exports. Red wine* Olive oil. Oranges. Iron ore.
YEAR AND MONTH.

Hectoliters.*

Thousands2of
pesetas.

Relative to 1913.
.—INDEX NUMBERS.

Metric
tons.*

Quintals.8

B.—NUMERICAL DATA.

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average..
average.,
average..
average.,
average..

100
80
92
98
101

1OO
82
117
128
122

100
52
34
93
156

100
148
223
293

100
84
80
67
43

100
68
51
34
58

109,007
87,532
100,777
106,789
110,514

39,945
73,412
105,307
115,282
110,116

300,194
155,099
103,493
279,318
468,237

25,305
37,342
56,326
74,043
68,020

475,471
398,239
379,802
318,942
205,328

742,2G(5
508,926
375,768
249,011
428,135

1918
1919
1920
1921

average..
average..
average..
average.,

' 48
83
110

94
123
95

51
126
93

128
370
179

31
61
45

49
53
52

51,991
90,637
120,322

84,102
110,264
85,406

153,567
378,588
280,429

32,333
93,560
45,267

147,192
290,893
214,942

362,105
391,708
385,055

1930.
January..
February.
March....
April

75
96
118
92

70
74
121
106

115
128
123
145

348
171

82
83
70
70

30
39
65
73

81,699
105,167
128,947
100,505

62,704
66,243
108,728
95,656

345,511
384,721
368,705
436,471

47,910
77,942
88,057
43,394

391,694
395,520
332,573
330,960

222,167
286,143
480,882
537,636

May....
June....
July....
August.

110
124
111
139

108
113
81
.42

120
79
312
185

37
19
1

59
80
44
83

119,876
135,444
120,847
151,365

82,486
93,730
83,481
76,197

323,177
338,085
242,314
125,089

30,435
20,122
78,873
46,727

176,276

104
93
85

334

437,611
594,182
329,434
613,933

35,613
44,079
27,261
1,790

310
28,852
219,645
607,976

395,002
140,473
357,087
34}5,866

2,046
3,521
4,249
4,675

623,465
807,139
792,713
649,423

370,746
243,111
159,141
143,262

3,547
7,974
30,873

317,151
84,993
6,610
9,032

74,642
53,890
48,386
69,405

monthly
monthly
monthly
monthly

September.October....
November..
December..

105
100
106
148

85
105
101

1921.
January..
February..
March
April
May....
June....
July....
August.
September..
October....
November..
December..

80

56
81
78
52

141
174
108
7

6
46
128

19
48
47

114,983
109,135
115,035
161,339

76,075
94,2^7
90,947
72,218

168,003
242,942
233,766
156,365

128
127
106
110

72
71
71
67

61
68
78
36

8
14
17
IS

131
170
167
137

50
33
21
19

140,010
138,897
116,060
120,121

64,714
63,513
63,573
60,570

182,003
204,822
233,988
109,365

115
95
80
76

59.
57
104
75

32
38
35
41

14
32
122

67
18
1
2

10
7
7
9

125,644
103,966
86,995
83,151

52,857
51,450
93,176
67,449

114,896
104,433
122,831

88
8f
92

102
92
87

• 95,750
87,800
100,570

91,802
82,920
78,420

1932.
January..,
February.,
March
1

Compiled from official reports by the U. S. Department of Commerce, Buzeau of Foreign and Domestic Commerce.
The Spanish peseta at present exchange rates is worth about 15 cents.
One quintal contains 100 kilograms and is equivalent to 220.46 pounds. One metric ton equals 10 quaintals or 2,204.6 pounds. Ono hectoliter equalg 26.4 gallons.
4
Less than one.

3

1




136

FOREIGN TRADE OF THE AMERICAS.
Table 107.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]

TOTAL TRADE
(value).

ARGENTINA.*

E X P O R T S OF KEY COMMODITIES

(quantities).

Total
imports.

YEAR AND MONTH.

imports* Exports.

URUGUAY.*

BRAZIL.

CANADA.^

Canned P a p e r ,
salmon. p r i n t i n g . C h e e s e .

Total
exports.

Total
Total
imports. exports.

Total
Imports.

Total
exports.

Wheat.
Relative to 1913.

100
92
68
76

too

58
80
83

76
106
116
121

1OO
74
69
70
74

100
85
107
108
135

1OO
65
62
74
77

100
78
112
110
106

98
132
208

116
222
178

76
84
96

169
215
118

101
132
U72

154
199
U94

126
78
58
22

106
141
121
136

205
178
234
193

84
85
105
82

167
170
139
187

5 154

6 213

64
73
195
190

27
59
71
57

194
169
207
263

180
179
149
163

141
104
96
91

122
81
89
83

U74

6 268

495
527
518
532

112
99
115
73

47
198
312
415

266
326
269
292

171
182
167
141

99
85
S3
92

92
83
95
103

101
134
69
58

469
432
619
3SS

67
26
8
2

137
110
89
59

288
208
199
161

151
140
162
!57

91
72
80
92

181
213
117
74"

193
190
'ISO
193

44
191
110
472

361
346
469
534

40
120
188
118

97
72
44
47

184
152
194
124

128
152
198
176

77
68
63
71

101
85
106
53

190
259
279
277

317
610
289
104

500
537
548
594

164
134
124
165

85
252
349
412

120
130

224
202

73

100
290
164
233
229

100
199
248
316
368

100
93
$8
124
127

100
126
72
157
189

100
56

126

100
121
125
206
313

144
137
159
185

421
336
341
321

208
226
292
146

412
451
486
55

113
98
81
86

150
42
78
129

Jtwuarv
"February
March
April

185
156
255
176

387
288
313
178

283
253
264
71

471
518
583
368

61
90
21
10

May

203
241
228
222

256
345
340
362

99
106
96
52

548
591
498
580

206
189
176
154

307
417
473
4S0

248
147
375
252

129
129
166
117

261
211
221
140

122
103
112
116
107
106
115
107

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average
average
average
average
averago

1918 monthly
1919 monthly
1920 monthly
1921 monthly

average
averago
average
average

I

-

1030.

Jnno,--,July
September

»

December
1921.
January
February
March
April

July

October
No vembe r

.

.

84
75

1922.

—

* Compiled from reports of the respective governments by the U- S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
3
No actual figures available for 1921. Official estimate for first 6 months gives a monthly average import of 71,000,000 pesos, and exports of 84,000,000 pesos.
i
Yearly figures represent the monthly averages for the Canadian fiscal year which ends March 31. Hence the 1921 average.
* Figures by months not available for 1920, Official estimate by Argentine Hinister of Finance.
6
Monthly average for quarter ended this month.
«Import values are official; export values are real.




137

FOREIGN TRADE OF THE AMERICAS,
Table 108.—NUMERICAL DATA.
From Government sources,1
[Base year in bold-faced type; index numbers on opposite page.]
CANADA.*
T O T A L TRADE
(value).
YEAR

A

^ D MONTH.

Imports.

Exports.

E X P O R T S OF KEY COMMODITIES
(quantities).
Canned
salmon.

Thousands of
dollars.*
1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average
1917 monthly average

BRAZIL.

Paper,
printing.

Cheese.

Total
imports.

Total
exports.

URUGUAY/

Total
Total
imports. exports.

ARGENTINA.*

Total
imports.

Total
exports.

Wheat.

Thousands of pounds.

Thousands
of bushels.

Thousands of
milreis.*

Thousands of
Uruguayan pesos.*

Thousands of
gold pesos.*

S55,934
51,000
37,990
j
42,350
70,538

831,422
37,953
39,287
64,858
98,268

1,757
5,092
2,888
4,095
4,026

24,465
48,763
60,767
77,201
90,052

12,942
12,076
11,442
16,081
16,492

8,378
10,540
5,993
13,145
15,804

83,958
46,821
48,583
67,563
69,811

81,814
62,581
86,858
94,741
99,348

4,19G
3,102
2,914
2,940
3,101

5,708
4,852
6,107
6,155
7,709

41,352
26,877
25,457
30,511
31,693

4«,2C3
33,594
48,515
47,750
45,848

1918 monthly average
1919 mo n t hly average
192o monthly average
1921 monthly average....

80,294
76,643
88,711
103,347

132,181
105,730
107,222
100,869

3,648
3,976
5,127
2,563

100,849
110,405
118,938
125,938

14,573
12,684
10,533
11,135

12,533
3,484
6,498
10,776

82,450
111,188
174,219

94,758
181,560
146,034

3,190
3,508
4,ID3

9,635
12,274
6,729

41,717
54,648
* 71,166

66,789
85,914
• 83,919

1020.
January
February
March. ••
April

103,579
87,497
142,497
98,291

121,518
90,357
98,219
55,870

4,976
4,446
4,638
1,256

115,251
126,665
142,615
89,934

7,920
11,621
2,697
1,238

10,554
6,552
4,852 .
1,825

89,338
118,087
101,671
114,550

167,706
145,353
191,704
157,615

3,528
3,558
4,390
3,444.

9,553
9,718
7,915
10,656-

& 63,753

6 92,277

80,418
108,495
106,911
113,767

1,741
1,858
1,688
922

134,149
144,592
121,944
141,903

8,291
9,424
25,187
24,622

2,296
4,944
5,929
4,767

162,963
141,733
173,815
220,40S

146,978
146,467
121,673
133,679

5,933
4,370
4,033
3,823

6,959
4,645
5,077
4,723

6 71,931

& 115,872

July..
August.-.

113,321
134,692
127,269
124,318

September
October..
November
December

115,122
105,770
98,661
85,882

96,404
131,147
148,748
150,950

4,350
2,581
6,589
4,436

121,223
128,809
126,762
130,043

14,511
12,847
14,9-14
9,467

3,926
16,547
26,134
34,734

223,746
273,497
225,993
244,832

140,221
149,051
136,515
115,449

4,166
3,576
3,463
3,879

5,223
4,654
5,447
6,178

72,252
71,971
92,601
65,311

81,934
66,315
69,468
44,076

1,773
2,351
1,214
1,012

114,683
105,671
151,547
94,927

8,715
3,348
1,028
216

11,446
9,181
7,486
4,983

242,113
174,306
167,327
135,354

123,397
114,095 .
131,726
128,036

3,802
3,028
3,714
3,881

10,319
12,171
6,694
4,208

68,302
57,644
62,406
65,147

60,734
59,692
56,440
62,363

775
3,363
1,931
8,301

88,356
84,760
114,635
130,643

5,178
15,561
24,370
15,258

8,112
6,003
3,649
3,972

154,186
127,709
162,799
104.272

104,520
123,291
161,790
144,374

3,211
2,862
2,662
2,970

5,789
4,850
6,026
3,008

59,722
59,518
64,271
60,050

59,590
81,256
87,640
87,186

5,571
10,710
5,079
1,821

122,414
131,416
134,110
145,320

21,182
17,346
16,008
8,371

7,145
21,131
29,25-4
34,492

101,121
108,865

182,997
165,598

3,057
3,231

4,809
4,297

May
J u n e --*-.

1021January..
February
Marcn.-..
April
May..

June.—-,

...

July . . .
August-..,..
September
October..
November
December

. <..
...
...

'\

1023.
January..
February.
Maxell....

'
I

.-




i

* EXCHANGE RATES.

Country.

Unit.

Canada
Brazil

Dollar.
Milreis

Uruguay...
Argentina.

Peso
Peso
See footnotes on opposite page.

Prewar
par
value.
51.00
0.32
1.03
0.96

Approximate
present
value.
SO. 95
0.13
0.72
0.76

i
I .

138

FOREIGN TRADE OF ASIATIC COUNTRIES
Table 109.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page]

JAPAN.

B R I T I S H INDIA.
Total t r a d e (value).
Y E A R AND MONTH.

Imports. Exports.

Total trade (value),

Exports of key commodities.
Illce
(quantities).

Jute,
Cotton, Cotton raw, and
m a n u - m a n u - Imports. Exports.
raw
(quan- factures factures
of
tities). (value).
(value).

Exports of key commodities.
Silk,
raw
(quantities).

Cotton
yarn
(quantities ) .

Cotton
Silk
fabrics
fabrics
(value). (value).

Relative to 1913.
1913
1914
1915
1916
1917

monthly avcrago»-.
monthly average 3 ..
monthly average 3 ..
monthly average 3 ..
monthly average 3 ..

100
114
86
82
93

1OO
101
74
SO
100

100
89
57
49
'59

100
144
140
120
121

100
99
66
79
112

1OO
118
78
107
116

1OO
82
73
104
142

100
93
112
178
253

100
85
88
108
127

100
121
121
115
98

1OO
104
115
179
379

100
86
110
129
160

1918
1919
1920
1921

monthly average 3 -.
monthly averago 3 -.
monthly average 3 -.
monthly average 3 ..

103
133
104

71
74
24
40

50
116
100

109
115
225
150

99
131
150
139

229
298
320
221

310
332
308
198

121
143
87

90

105
129
208

66

708
834
997

299
413
403

187

151

35

191

280

147

133

37

173

149

129

178

154

40

214

205

160

162

139

57

165

194

152

337
445
541
488

335
331
367
413

104

146

28
42
40
50

1,099
1,288
1,346

441
704
595
478

177

135

50

165

228

149

194

113

59

115

185

118

487
362
259 '
203

367
349
293
332

111
108
92
136

36
51
57
118

1,066
962
727
1,138

436
373
304

193
177
178
173

293
254
198
166

101
98
52
45

119
113

1,044

1,005
775
684

353
273
279
207

173
196
225
229

142
146
179
219

41
62
83
149

84
44
84
140

826
715
721
689

142
207
211
221

247
244
181
217

200
203
187
200

119
149
136
155

72
52
48
39

665
516
582
516

248
259
200
241

212
215
253
265

182
212
230
277

136

33

439

217

1920.
January...
February*.
March
April......
May....
Juno—
July....
August.

211

September..
October
November-.
December..
1921.
January..
February..
March
April
May....
June
July....
August.

99

32

72

114

132

230

100

34

67

158

165

216

106

29

68

160

192

237

102

27

46

171

236

92

24

70

127

33

236

72

156

176
146
150

112

233

91

28

99

109

190

S6

35

145

100

181

89

75

123

95

68

193

148

124

71
63
57

155

95

82

172

181

145

80

52

116

152

132

September..
October
November..
December..

84

74

105

124

155

95

54

129

212

147

98

75

175

1022.
January..
February..
March




See footnotes on opposite page.

46

47

139
FOREIGN TRADE OF ASIATIC COUNTRIES.
Table 110.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
JAPAN.

BRITISH INDIA.
Total trade (value).
YEAR AND MONTH.

Imports.

Exports.

Thousands of rupees.2

Exports of key commodities.

Rice*

Total trade (value).

Jute,
Cotton
Cotton, m a n u - raw,nand Imports, Exports.
ma uraw.
factures. factures
of.

Long tons.

Thousands of rupees.2

Thousands of yen.2

Exports of key commodities.

Silk,

Cotton Cotton
Silk
yarn. fabrics. fabrics.

Thousands of
pounds.

Thousands of yen."

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

averages..
averages..
average3..
average3..
average3..

134,166
152,707
114,941
109,989
124,696

205,074
207,399
151,326
164,552
204,348

230,277
204,209
130,164
113,959
136,656

30,740
44,276
43,121
36,892
37,135

1O,1C7
10,100
6,675
8,005
11,369

41,601
49,250
32,275
44,684
48,300

60,786
49,645
44,379
63,036
86,318

52,705
49,258
59,026
93,956
133,584

2,202
1,871
1,945
2,385
2,792

14,997
18,220
18,162
17,230
14,658

2,800
2,903
3,209
5, OOt
10,622

3,279
2,835
3,C02
4,219
5,238

1918 monthly
1919monthly
1920 monthly
1921 monthly

average3..
average3..
average3..
average3.,

125,354
140,862
173,310
279,669

202,137
211,568
272,328
213,622

163,72S
171,096
55,023
92,980

30,450
15,330
35,694
30,882

11,112

139,012
181,121
194,681
134,635

163,508
174,906
162,366
104,398

2,658
3,155
1,917

13,507
7,086
9,901

19,826
23,359
27,914

9,794
13,540
13,201

15,226

41,081
54,477
62,262
57,796

January..,
February..
March
April

250,768
195,586
238,618
216,759

310,290
272,934
315,695
284,428

80,951
85,911
92,684
132,291

58,739
53,074
65,779
50,675

28,507
15,108
20,859
19,725

61,041
53,811
66,755
63,436

204,76S
270,643
329,028
296,832

176,348
174,288
193,570
217,457

2,296
1,228
1,004
2,119

4,271
6,303
6,044
7,511

23,210
30,700
36,073
37,693

14,450
23,100
19,506
15,667

Hay
June...
July.-..
August.

237,272
260,230
282,583
308,968

276,206
231,899
203,446
205,973

114,551
136,802
. 74,705
79,334

50,583
35,266
22,154
20,544

23,227
18,796
11,585
16,092

62,191
49,249
54,931
63,646

295,950
220,184
157,134
123,198

193,363
183,810
154,318
175,061

2,442
2,389
2,022
3,005

5,342
7,627
8,545
17,756

29,853
26,926
20,347
31,856

14,303
12,217
9,963
12,714

September.
October....
November..
December..

289,945
318,151
316,332
316,273

218,101
209,644
188,579
200,984

66,673
63,133
55,382
75,699

20,803
14,190
21,630
22,105

16,235
17,356
12,885
15,857

79,740
73,016
60,882
62,242

117,600
107,670
108,023
105,145

154,355
133,814
104,606
87,404

2,227
2,152

17,791
16,935
10,328
10,354

29,226
28,153
21,694
19,147

11,577
8,954
9,163
6,801

January..
February.,
March
April

312,561
254,361
242,591
258,689

186,059
176,335
181,815
180,420

64,559
79,652
171,774
157,099

3,0305
44,543
37,750
45,555

11,123
10,164
9,669
12,649

46,565
37,063
35,612
29,708

105,231
119,268
136,953
139,439

75,067
76,689
94,105
115,535

3,270

12,615
6,646
12,564
20,981

23,141
20,007
20,190
19,294

4,640
6,803
6,920
7,235

May....
June...
July....
August.

208,013
194,594
177,174
208,001

194,261
165,056
172,769
195,567

189,272
119,225
170,270
124,249

52,751
35,740
32,306
39,658

18,370
15,445
12,649
21,535

26,101
23,587
25,640
31,095

149,883
148,116
110,270
132,059

105,370
107,086

2,614
3,287
3,001
3,414

10,842
7,737
7,164
5,8S4

18,618
14,455
16,302
14,441

8,129
8,477
6,555
7,894

49,294
46,104

129,166
130,448
153,790
161,000

95,844
111,605
121,284
146, COO

2,985

4,894

12,305

7,114

11,702
22,844

1920.

1,138
9S4

1921.

September.
October
November..
December..

197,090
235,406

200,037
182,239

58,708
25,985

37,163
33,574

12,776
10,949

105,523

897

1,367
1,831

1922.
January.
February..
March.....
1
Compiled by the Z7. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, from official reports.
* See page 97 for exchange rates.
* These figures in the case of British India represent monthly averages for the British Indian fiscal year which ends March 31. Hence the 1921 average.




140
FOREIGN TRADE OF AUSTRALIA AND NEW ZEALAND.
Table 111.— IffDEX NUMBERS.
sources.1

Based on data from Govermerit

[Base year in bold-faced type: Numerical data on opposite page.]
NEW ZEALAND.

AUSTRALIAN
TOTAL TRADE
(values).

EXPORTS OF KEY COMMODITIES
(quantities).

TOTAL TRADE
(values).

EXPORTS OF KEY COMMODITIES
(quantities).

YEAR AND MONTH.

Imports. Exports.

Wool,

Butter.

Wheat.

Imports. Exports.

Gold,

greasy.

Butter.

Cheese.

Mutton.

Wool.

Relative to 1913 monthly average.
1913 monthly averago

1OO

1915 monthly average
1916 monthly average
1917 monthly averago

81
97
96

100

100

100

77
95
125

100
98
98
118
94

100

100

10

71

84

103

67

22

77

478

129

99

63

545

100
114

117

138

113

145

96

138

68

54

95

46

54

86

106

52

104

266

122

79

96
58

•134

147

174

87

112
95
126
136

122

151
134
201
228

128

124

116

235

93

202

84

227 .

323

337

143

143

129

208

306

104

109
138.
276

226

113

325

230

124
205

103
145
191
168

99

69
57

144
257
200

161

78
128

102

1OO

159

1018 monthly averago
1919 monthly average
1920 monthly average
1921 monthly average

123

100
118
105

1OO
141
134
155
145

1OO

188

78

254

114

255

192
179

•

1920.
February
March

3 124

.-•

3 207

3 214

M33

3 63

3 230

April
May
Juno July
August

264

3 210

3 231

3 129

U43

3 58

3 171

MS

'29

*115

»8

*6S

3 156

3 109

3 335

163

223

59

321

208

2

276

214

32

223

204

25

61

177

72

161

325

3 163

90

24

413

3 278

62

323

September
October.,
November
December

31S9

180

344

3 178

228

332

....

282
277

..

206

72

57

55
92
74

78
88
58
84

201
234
217
249

102
63
100

1021.
January
February
March
April

359

3 347

3 151

3 65

I
1

September
October
November
December

266

317

457

206

125

361

209

79

274

259

85

309

132

42

112

•

•

332

147

1922.
January

1

j

March
1

•

i

!

i

li

See footnotes on opposite page.

93

43

9

134

1




401

186

3 299

237

141

3 178

251

U37

207

100

3 ICO

S72

3 174

292

224

202

Mav
June...
July
August

3 203

3 177

484

172

287

3 219

279

233

115

180

58

206
116
153
187
121
246
440
148
89
57

66
72
87

'

151
69
91
112
92
121
35

141
FOREIGN TRADE OF AUSTRALIA AND NEW ZEALAND.
Table 112.—NUMERICAL DATA.
From Government sources*1
[Base year in bold-faced type; index numbers on opposite page.]

NEW ZEALAND.

AUSTRALIA.*
TOTAL TKADE
(values).
YEAR AND MONTH.

I m p o r t s . Exports.

Thousands of
£ sterling.

1913 monthly average.. £ 6 , 6 4 6
1914 monthly average-.
5,369
1915 monthly average..
1916 monthly average. 6,479
1917 monthly average..
6,352
1918 monthly
1919 monthly
1920 monthly
1921 monthly

average..
average..
average..
average..

5,195
8,528
8,248
13,611

£6,548

EXPORTS OF KEY COMMODITIES
(quantities)*
Wheat.

Butter.

Wool,
greasy.

TOTAL TRADE
(values).
Imports. Exports.

Gold.

Thousands Thousands of pounds. Thousands
of
of bushels.
£ sterling.
3,577

6,308

44,386

351
2,385
4,607

4,502
1,393
6,240

36,996
34,053
27,768

1,915
3,714
6,873
6,399

6,023
3,426
3,251
7,702

20,242
38,169
46,028
34,817

Thousands of
£ sterling.

Cheese.

Mutton.

Wool.

Thousands of pounds.

533
185
462
444

£1,916

3,474

5,709

30,530

15,544

2,188
2,646
2,774
2,635

4,051
3,921
3,347
2,374

8,062
7,628
8,861
8,267

23,360
25,185
20,937
14,137

18,373
16,381
15,459
14,856

2,020
2,556
5,133

180
831
949

6,777
9,497
12,485
11,000

Butter.

£1,857
1,821
1,811
2,195
1,743

£174

5,049
6,232
8,163

EXPORTS OF KEY COMMODITIES
(quantities).

2,376
4,498
3,870

4,023
3,228
2,912

8,245
14,675
11,406

11,631
27,474
35,667

9,060
22,854
13,527

2,946
2,983
3,862
4,268

4,349
2,749
4,321
3,594

11,212
4,956
3,925
2,719

19,264
7,374
18,570
14,509

22,908
19,462
25,816
28,009

*S,977
8,534
14,336
11,469

4,903
5,237
5,144
6,168

4,368
3,444
4,270
3,993

2,162
844
2,062
80

5,141
9,285
18,313
15,731

31,008
27,493
41,213
46,872

19,940
12,061
13,755
9,057

7,669
6,386
5,992
6,038

4,098
3,906
3,394
3,955

1,098
873
2,515
2,499

12,743
3,460
9,217
3,261

41,296
48,132
44,604
51,187

13,131
15,817
9,774
15,477

6,665
4,329
4,665
5,338

5,339
3,291
4,546
6,068

16,826
7,770
13,945
15,865

16,651
11,842
15,172
18,973

42,199
23,738
31,509
38,481

10,285
11,156
13,599
23,546

3,747
3,448
1,856
2,624

3,943
3,998
4,959
2,525

4,357
2,750
2,952
1,444

20,585
15,629
17,648
6,40S

24,866
50,569
90,410
30,486

10,662
14,134
17,3S5
14,376

2,732
2,489

1,786
2,206

1,482
6,256

504

3,316

18,206
11,696

18,739
5,4S8

.

*

1930.
January
February
March.
April
May
June
July
August
September
October
November
.*
December... .
1931.
January..
February.. ..
March
April
May....
June
July....
August.

3 8,244

3

>13,528

3 7,653

3 3,950

3 58,742

MOO

11,798

3 12,383

* 4,628

3 1,838

3 51,048

3 484

3 13,937

3 9,390

3 2,073

3 487

3 29,904

3 284

3 15,361

3 11,217

3 1,716

3 9,822

3 48,365

3 583

3 14,553

3 11,592

3 9,396

3 10,979

3 32,034

3 238

3 10,609

3 11,640

3 12,413

3 9,518

s 28,967

3 520

September
October..
November.
December .
1933.
January..
February
March..

•
l

Compiled by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, from official sources. Figures show "general trade," including coin and
bullion.
2
1013 average is for calendar year. Other averages are for fiscal years ending June 30.
1 Mon
-thly average for quarter ending this month.




142

FOREIGN TRADE OF EGYPT AND SOUTH AFRICA.
Table 113.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]
UNION OF SOUTH AFRICA.

EGYPT.
EXPORTS
OP COTTON
(quantities).

YEAR AND MONTH.

Total.

To
United
States.

EXPORTS OF KEY COMMODITIES
(quantities).

TOTAL, TRADE
(values).
Imports.

Exports.

Wool.

Hides and
skins. 3

Maize.

Meat
and meat
products.

Gold.

Diamonds.

Relative to 1913.

66

100
85
97
93
83

100
958
1,302
1,522
2,043

100
118
408
1,015
2,635

50
150
125
87

65
104
68

70
114
78

2,221
1,073
327

1,054
2,577
751

155
212
197
217

208
141
150
146

249
105
106
67

207
140
136
75

414
405
12
3

128
57
31
20

250
298
298
275

118
88
102
76

37
37
14
13

70
39
18
32 .

15
43
65
75

3
37
74
78

276
261
2S0
253

93
96
79
103

23
27
49
83

50
63
57
55

157
488
1,606
769

January...
February.,
March
April

57
43
81
28

82
46
202
9

214
157
159
138

72
82
78
87

71
164
74
44

32
44
29
24

1,013
1,812
3,863
6,874

May....
Juno...,
July
August..

58
42
43

81
21
38
30

120
112
110
114

75
77
91
80

102
132
140
106

23
50
59
82

4,669
1,744
1,784
4,022

September.
October
November..
December..

97

251

107
107
111
124

101
90
113
103

102

114

4,602

100
85
79
96
90

100
60
25
36
43

100

120
.124
248
131

861
697
220
55

28
22
18
14

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average.
average.
average.
average.
averago.

100
85
99
78
58

191S
1919
1920
1921

average.
averago.
average.
average.

72
96
57

225

197
129
57
26

May
June
July
August.
September.,
October
November..
December..

monthly
monthly
monthly
monthly

100
138
250
182
92
S3
188

76
96
77

100
55

100
52
11
42
44
47
50

93

37

79
86
86
102

44

106
91
111

47

1920.
January..
February.
March
April

2
4
39
26

121
242
250
703
3,136
540
202

433

102
95

301

79

1021.

1922.
January...
February.
March




See footnotes on opposite page.

26
31

27
37
10
45

1,032

16

77

78

70

84

74

107

86

113

75

118

79

9

95
76

31

79

27

506
.1,548

16
54

143

FOREIGN TRADE OF EGYPT AND SOUTH AFRICA.
Table 114.—NTJMEEICAL DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
EGYPT.

UNION OF SOUTH AFRICA.

EXPORTS
O P COTTON
(quantities).
YEAR AND MONTH.

Total.

TOTAL TRADE
(values).

To United
States.

Exports.

Wool.

Thousands of pounds
sterling (£).

Kantars. 3

1913 monthly average... 581,057
1914 monthly average. •.
492,482
1915 monthly average...
574,928
1916 monthly average.. _
451,411
1917 monthly average...
339,475

Imports.

E X P O R T S OF KEY COMMODITIES
(quantities).
Hides a n d
skins.3

Maize.

Meat
and meat
products*

Gold.

Diamonds.

Thousands Thousands
of ounces. of carats.

Thousands of pounds.

S37
457

459
240
51
191
200

56,137
77,376
140,526
102,406
51,751

£3,566
3,033
2,819
3,432
3,197

£5,555
3,352
1,405
1,996
2,387

14,748
11,165
14,167
11,366
9,805

5,238
4,421
5,071
4,865
4,319

1,913
18,319
24,897
29,100
39,059

151
178
616
1,532
3,979

418,307
559,075
333,456

46,785
126,155
105,724

4,296
4,427
8,827
4,677

2,764
8,318
6,969
4,842

9,636
15,411
9,959

3,649
5,945
4,101

42,458
20,522
6,253

1,592
3,891
1,134

781

214
229
170

« 1,143,810
752,053
332,529
152,576

483,196
390,931
123,351
30,635

5,529
7,566
7,009
7,735

11,571
7,820
8,331
8,133

36,792
15,540
15,587
9,876

10,839
7,343
7,0S6
3,931

7,908
7,750
231
50

182
366
377
1,062

662
719
722
856

203
73
248
362

May
June
July
August

160,192
126,410
106,176
80,061

71,675
32,150
17,575
11,326

8,904
10,623
10,610
9,804

6,562
4,880
5,674
4,240

5,494
5,410
2,074
1,917

3,641
2,020
922
1,653

40
82
737
501

4,736
815
305
764

890
760
930
719

216
121
141
124

September
October
November
December

84,383
247,418
379,459
435,390

1,528
20,798
41,351
43,555

9,858
9,290 .
9,985
9,014

5,158
5,308
4,404
5,719

3,349
4,033.
7,262
12,172

2,639
3,295
2,960
2,885

2,993
9,330
30,715
14,698

2,337
654
454
1,558

853
794
661
800

126.
170
47
208

1931,
January
February
March...
April

333,881
249,795
470,508
160,109

45,909
' 25,730
113,235
5,118

7,638
5,588
5,677
4,919

3,987
4,547
4,346
4,839

10,468
24,204
10,949
6,491

1,651
2,314
1,535
1,274

19,373
34,636
73,863
131,425

24
118
127
162

644
587
618
721

31
41
9
12

May
June
July
August

336,096
245,214
250,599
207,038

45,240
11,976
21,426
16,745

4,286
3,981
3,932
4,071

4,184
4,252
5,059
4,450

15,001
19,418
20,712
15,606

1,218
2,635
3,102
4,268

89,272
33,348
34,113
76,892

170
178
14
102

630
660
799
633

11
21
36
25

September....
October...
November
December

563,746

141,105

3,828
3,821
3,965
4,416

5,611
4,980
6,150
5,703

15,068

5,978

87,994

47

820

21

1918 monthly average...
1919 monthly average...
1920 monthly average *„
1921 monthly average..
1920.
January
February
March
April

•

1922.
January
February
March
—
| Compiled from official reports by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.

One Egyptian kantar is equal to 99.05 pounds,
includes ox, cow, sheep, goat, and seal.
A'ne monthly averages for 1920 are obtained from the yearly totals. In some cases they do not check exactly with the preliminaryfiguresreported each month.




144
SOURCES OF DATA.
DATE OF PUBLICATION.

CURRENT PUBLICATION.*

I.-REPORTS FROM GOVERNMENT DEPARTMENTS, FEDERAL, STATE, AND FOREIGN.
AUSTRALIAN COMMONWEALTH'S BUREAU OF CENSUS AND STATISTICS.

Price index for Australia.

BANK OF JAPAN

Second week of month.

Federal Reserve Bulletin..

Price index for Japan

Second week of month.
Monthly.

Federal Reserve Bulletin
Labour Gazette (Canadian)
Pricoindex for Canada
Federal Reserve Bulletin
Foreign exchange index numbers
Federal Reserve Bulletin and weekly press
releases.*
Debits toindividual accounts
Federal Reserve Bulletin and weekly press
releases.*
Condition of Federal Reserve banks
Federal Reserve Bulletin and weekly press
Condition of reporting member banks
, releases.*
Money held outside U. S. Treasury and Federal Reserve Bulletin
Federal Reserve Systems.
Federal Reserve Bulletin..
Wholesale prico index numbers
Department store trade; in cooperation with Federal Reserve Bulletin..
National Retail Dry Goods Association.
Paper and wood pulp production, prices, etc.. Monthly press releases *...

CANADIAN DEPARTMENT OF LABOR. . .
FEDERAL RESERVE BOARD

FEDERAL TRADE COMMISSIONINDIAN DEPARTMENT OF STATISTICS..
INTERSTATE COMMERCE COMMISSION.
NEW YORK FEDERAL RESERVE BANK
NEW YORK STATE DEPARTMENT OF
LABOR.
PANAMA CANAL
U. S. DEPARTMENT OF AGRICULTUREBUREAU OF ANIMAL INDUSTRY.

Monthly (second week of month).
Sunday newspapers and monthly.

Federal Reserve Bulletin
Price index for India
Preliminary statement of operations of
Railway revenues and expenses
Class I roads.
Not published •.
Telephone operating revenue and income
Federal Reserve Bulletin and daily stateForeign exchange rates
ment.
New York State factory employment and Labor Market Bulletin and press releases *.
earnings.
Panama Canal traffic
The Panama Canal Record..
Beef and pork production
, Market Reporter2

Wholesale prices of farm products to producer Monthly Crop Reporter a
Wool consumption and stocks
Market Reporter2
•
Crop production
Monthly Crop Reporters and press
releases.*
Market Reporter a
Cold storage holdings
Movement of cattle, hogs, and sheep
Market Reporter 2
a
Receipts of butter, cheese and eggs
Market Reporter .
Production of condensed and evaporated milks. Market Reporter >
Preliminary report on ginnings *
,
U. S. DEPARTMENT OF COMMERCE- Cotton ginned
Preliminary report on cotton consumed...
Cotton consumed and on hand
BUREAU OF THE CENSUS.
Reports on wool machinery and on cotton
Active textile machinery
spindles.*
Leather, hides and shoes, production and Censu s of hides, skin s, an d leather *
stocks.
Cotton seed and cottonseed oil
Preliminary report on cotton seed
Stocks of tobacco held by manufacturers and Statement en stocks of leaf tobacco
dealers.
Fats and oils, production, consumption, and Statistics of fats and oils *..
stocks.
Stocks of coal in cooperation with Geological Commercial stocks of coal *.
Survey.
U. S. DEPARTMENT OF COMMERCE- All imports and exports
Monthly Summary of Foreign Commerce.
BUREAU OF FOREIGN AND DOMES(Part I.) 8
TIC COMMERCE.
Tonnage of vessels, entered and cleared in Monthly Summary of Foreign Commerce.
United States f oreijgn trade.
(Part II.)
Data on trade of foreign countries
Various foreign sources
U. S. DEPARTMENT OF COMMERCE- Vessels under construction and vessels com- Commerce Reports
BUREAU OF NAVIGATION.
pleted.
U. S. DEPARTMENT OF AGRICULTUREBUREAU OF MARKETS AND CROP
ESTIMATES.

U. S. GRAIN CORPORATION

,

U. S. DEPARTMENT OFTHE INTERIOR—
BUREAU OF MINES.

Wheat flour production, prior to July, 1920..., No longer published
Gasoline, production, etc
, Refinery Statistics *

Portland cement, production, etc..
Report on Portland cement output *..
Coal and coke production
Weekly report on production of coal *.
Crude petroleum, production, etc.
Preliminary statistics on petroleum *.
IT. S. DEPARTMENT OF LABOR—EM- Number on pay roll—United States factories- Industrial Survey *
"' '
..'.
U. S. DEPARTMENT OFTHE INTERIORGEOLOGICAL SURVEY.

PLOYMENT SERVICE.

Friday morning newspapers and
monthly.
Friday afternoon newspapers and
monthly.
Monthly.
Monthly.
Monthly.
Newsprint, 20th to 25th of the month,
other paper and wood pulp, 1st of
following month.
Second week of month.
Monthly.
Daily and monthly.
Monthly.
Last weekly issue of month.
Last weekly issue of month or first
of next month.
Monthly.
•First weekly issue of month.
Releases about 1st of month (cotton)
and 10th (other crops).
Fourth weekly issue of month.
Third weekly issue of month.
Weekly.
Quarterly.
Semimonthly during season.
15th of month.
20th of month.
First week of month.
18th of month.
Quarterly (one month after end of
quarter).
. ,
Quarterly (one month after end of
quarter).
Bimonthly hereafter.
Last week of month. .
Middle of next month.
First weekly issue of month (Mondays).
Second week of month.
20th of month.
.
.*
Second or third weekly issue el
month (Saturdays).
25th of month.
First week of month.

U. S. DEPARTMENT OF LABOR—BUREAU OF IMMIGRATION.

Immigration and emigration statistics..

Not published..

U. S. DEPARTMENT OF LABOR—BUREAU OF LABOR STATISTICS.

Wholesale prices of commodities, including
farm products, food, clothing, metals, etc.
Wholesale price index
Retail price index of foods
United States postalsavings
Postal receipts
,

Not published..
Monthly Labor Review
,
Monthly Labor Review
Postal Savings News Bulletin
Statement of Postal Receipts *

Government debt, receipts and disbursements.
Oleomargarine consumption
,
Production of manufactured tobacco, snuff,
cigars, and cigarettes.
Iron ore movement
,
Sault Ste. Marie Canal traffic

Daily Statement of the TJ. S. Treasury... Last day of month,

U. S. POST OFFICE DEPARTMENT
TJ. S. TREASURY DEPARTMENT

,

Statement of tax-paid products *
Statement of tax-paid products *
U. S. "WAR DEPARTMENT—ENGINEER
Not published
CORPS.
Not published
WISCONSIN INDUSTRIAL COMMISSION.. . I Wisconsin factory earnings and employment. Bulletin on Wisconsin labor market *
U. S. TREASURY DEPARTMENT—BUREAU" OF INTERNAL REVENUE.

, Monthly.
Monthly.
12th of month.
7th of month.
First week of montl.
First week of montr

15th of month.

* Multigraphed or mimeographed sheets.
\
\ s u ° t n e c e ^ a r i I y ™ source of the figures published in the "Survey," as many of them are obtained direct from the compilers Drior to publication in the respec> Imports and exports of gold and silver in Part II.



145
SOURCES OF DATA—Continued.
CURRENT PUBLICATION.

DATE OF PUBLICATION.

I I . ~ R E P O R T S PROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS.
ABERTHAW CONSTRUCTION CO

Building costs

Construction trade papers

ABRASIVE PAPER AND CLOTH MANUFACTURERS' EXCHANGE.

Sales of abrasive paper and cloth.

Not published
Not published

AMERICAN FACE BRICK ASSOCIATION.

Face brick production, stocks, etc

AMERICAN IRON AND STEEL INSTITUTE.

Steel ingot production

Press release to trade papers *

AMERICAN

Freight car surplus

Summary of Car Surplusages and Shortages.*
Summary of Car Surplusages and Shortages.*
Information Bulletin *
Information Bulletin *

RAILWAY

ASSOCIATION

(Car Service Division).

Freight car shortage
Car loadings
Bad-order cars
Purchases and sales of paper

Press release to trade papers *

Production and stocks of zinc
ANTHRACITE BUREAU OP INFORMATION

Anthracite shipments and stocks

15th of month.

Statement of anthracite shipments *

AMERICAN ZINC INSTITUTE.

15th of month.

Monthly report * (not published)

BOLT, NUT, AND RIVET INSTITUTE

Bolts, nuts, and rivets, orders and shipments..
Fabricated structural steel sales

Weekly.
Weekly.
Third week of month.

Not published

AMERICAN WRITING PAPER COMPANY.

BRIDGE BUILDERS AND STRUCTURAL
SOCIETY.

th of month.
Weekly.

Press release to trade papers *

15th of month.
Monthly.

.
*

BUREAU OP RAILWAY ECONOMICS

Number of tons carried 1 mile
Average receipts per ton-mile

Summarv of operating statistics..
Not published

CALIFORNIA REDWOOD ASSOCIATION. .

Redwood lumber production, etc

Not published

CALIFORNIA W H I T E AND SUGAR P I N E
ASSOCIATION.

White pine lumber production, stocks, e t c — Not published

CHICAGO BOARD OF TRADE

Receipts and shipments of wheat and corn...

Trade papers

Daily.

CREDIT CLEARING H O U S E

Credit conditions

Credit

Weekly.

Building statistics—Contracts awarded

Statement on Building Statistics

Monthly.

F. W. DODGE CO

Bar iron shipments

Bar iron statistics * (not published)

FEDERATION OF I R O N AND STEEL
MANUFACTURERS (British).

British iron and steel production

Trade papers

ILLUMINATING GLASSWARE GUILD

Illuminating glassware production, orders, etc Not published

EASTERN B A R IRON INSTITUTE

KNIT GOODS
AMERICA.

...

MANUFACTURERS

OF

Knit underwear production, etc

Monthly report *

Second week of month.

Monthly.

LEATHER BELTING EXCHANGE

Sales of leather belting

Monthly report (not published).

MOTOR AND ACCESSORY MANUFACTURERS' ASSOCIATION.

Motor accessory sales and credit conditions...

Credit Department Bulletin * . . .

First week of month.

MERCHANTS' EXCHANGE OF S T . L O U I S .

Receipts and shipments of lead and zinc

Receipts and shipments a t St. Louis

3rd of month.

MICHIGAN HARDWOOD
ERS' ASSOCIATION.

Hardwood lumber, production and shipments. Not published

MANUFACTUR-

Monthly.

NATIONAL ASSOCIATION OF FINISHERS
OF COTTON FABRICS.

Finished cotton goods, production, etc

Monthly R e p o r t * and Federal Reserve
Bulletin.

NA

Sheet-metal production and stocks. t

Not published

1913figuresfor active textile machinery

No longer published.,

Production a n d shipments of passenger cars
and trucks.

Traffic bulletin * (production figures noi
published).

Glass bottle production index.

Not published

Cost of living

Monthly press release.

21st of month.

Department store trade (see Federal Reserve
Board).
Department and grocery store sales

Federal Reserve Bulletin..

Monthly.

Not published

Coffee receipts, stocks, etc

Monthly statement

First week of month.

Stocks of tin

Trade papers..

First week of month.

Oak flooring, production, etc.

Not published.

^ ° N A L ASSOCIATION OF S H E E T AND
TIN PLATE MANUFACTURERS.

•NATIONAL ASSOCIATION
MANUFACTURERS.

OF

WOOL

CHAMBER

N

A"S°OCIA

B (

?

T L E

MANUFACTURERS*

l N D t r a T R U L

N

N

cu?icw t

CONFERENCE

RETAIL D R Y GOODS

CHAJ G °E RK

ASS

COFFEE AND SUQAR

°-

EX-

N E W YORK METAL EXCHANGE

'

As-

SSOCIATION OF A l I E B I C A . . .
&UX




Monthly report * (not published).

Fire-clay brick production, etc.

Not published
Not published

Automobile tires, tubes, and raw material—

Monthly reports (2) not published

Monthly press release to trade papers *..
Raw silk consumption, etc
* Multigraphed or mimoojrraphed sheets.

ASSOCIATION OF AMERICA

84796°—22

Ohio foundry iron production..

Silica brick production, etc.

OHIO FOUNDRYMEN'S ASSOCIATION..

10

Second week of month.

5th of month.

146
SOURCES OF DATA—Continued.
CURRENT PUBLICATION.

DATE OF PUBLICATION.

I.—REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS—Continued.
SOUTHERN PINE ASSOCIATION...
STEEL
BARREL
ASSOCIATION.

MANUFACTURERS'

Yellow pine production and stocks
Steel barrel shipments

Not published
Monthly reports * (not published).,
Not published
Press release *
Press release *
Special reports *
Typothetae Bulletin

UNITED TYPOTHETAE OF AMERICA

Leather production
Unfilled orders
Earnings
Wages of common labor
Printing activity

WEST COAST LUMBERMEN'S ASSOCIATION.

Douglasfirlumber production, etc

Not published

WEBBING
CHANGE.

Sales of elastic webbing

Not published

Western pine lumber production, etc..

Not published

TANNERS' COUNCIL
U. S. STEEL CORPORATION..

MANUFACTURERS'

WESTERN
PINE
ASSOCIATION.

EX-

MANUFACTURERS'

,

10th of month.
Monthly.
Occasionally.
Monthly.
.'

III.—REPORTS FROM TECHNICAL PERIODICALS.
DATE OF PUBLICATION.

SOURCE.

Composite pig iron and steel prices
New York stock pales
New York closing stock prices
State and municipal bond issues
Muncipal bond yields
Visible supply of wheat and corn
Bank clearings
Price index
Price index for France.

AMERICAN METAL MABKET
THE ANNALIST
THE BOND BUYER...1
BRADSTREET'S
BULLETIN DE LA STATISTIQUE GENERALE

First or second week of month (daily).
First weekly issue of month (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).
Monthly. '

OIL, PAINT, AND DRUG REPORTER

Cotton (visible supply)
Interest rates
Mail order and chain store sales
New York bond sales
New York bond prices.
Business failures
Price index
Copper producti on. I:
Silver prices
Construction cost and volume index
Price index for Germany
Pig-iron production
Compositefinishedsteel price
Iron and steel prices
Price index for United Kingdom
Dividend and interest payments
New capital issues
New corporations
Fire losses...
Newspaper advertising

OIL TRADE JOURNAL

•.

Price indexes of drugs, oils, etc

10th of month (monthly).

PRINTERS' INK

..

Mexican petroleum shipments

Second week of month.

Magazine advertising

Weekly compilation (daily).

Wheatflourproduction, from July, 1920

Weekly (Fridays)

COMMERCIAL AND FINANCIAL CHRONICLE

Dow,

JONES & Co.

(WALL STREET JOURNAL)

DUN'S REVIEW
ENGINEERING AND MINING JOURNAL
ENGINEERING NEWS RECORD
FRANKFURTER ZEITUNG
IRON AGE
IRON TRADE REVIEW
LONDON ECONOMIST

,

NEW YORK JOURNAL OP COMMERCE

NEW YORK EVENING POST

RUSSELL'S COMMERCIAL NEWS
STATISTICAL SUGAR TRADE JOURNAL




,

Sugar stocks and meltings
* Multigraphed or mimeographed sheets.

Weekly (Saturdays).
Weekly (Saturdays).
%
Second or third weekly issue of month (Saturdays).
First week of month (daily).
First week of month (daily).
First weekly issue of month (Saturdays).
First weekly issue of month (Saturdays)
Second weekly issue of month.
Second weekly issue of month.
First weekly issue of month
Monthly.
First weekly issue of month (Wednesdays).
Weekly (Wednesdays).
Weekly (Thursdays).
10th of month.
First week of month (daily).
First week of month (daily)
First week of month (daily)
10th of month (daily).
Not published.
Weekly (Mondays).

INDEX.
Page numbers refer to data in the detailed tables (pp. 33 to 143) only. Items in the table on "Trend of Business Movements" (pp. 18 to 31)
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 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
Advertising, magazine and newspaper..
American Wholesale Corporation, sales..
Apples, production (crop estimate)
Argentina:
Foreign exchange rates
Foreign trade
Australia:
Exports of key commodities
Foreign trade
Price index
Automobiles:
Accessories, credit conditions
Production and shipments.
Tires and tubes
.
"
Bad-order cars
Banks:
Clearings
Condition
Debits to individual accounts
Barley:
Production (crop estimate)
Exports
Wholesale price
Beef:
Consumption, cold-storage holdings,
exports, and production
Exports from Denmark
Belgium:
Exports of key commodities
Foreign exchange rates
Foreign trade
Belting, leather, sales
Bolts, nuts, and rivets
Bonds:
Issues, municipal
^
8
Yields and prices
Boots and shoes:
Exports
Prices
Production.
Bottles, glass, production
Brazil:
Coffee receipts and clearances
Foreign exchange rate
Foreign trade
Bricks:
Production, stocks, shipments, etc.
Prices, common
British India:
Exports of key commodities
Foreign exchange rate
'.
Foreign trade
Price index




72
105
106
77
96
136
140
140
115
59
59
58
100
118
116
116
77
78
80
84
130
130
96
130
61
46
120
120
64
64
60
56
90
96
136
74
72
138
96
13s
115

Tage.

1'age.

Coal:
Building:
Contracts awarded
66,68
Exports from United States
50
Costs
74
' Exports from Belgium
130
Materials, prices
72
Exports from Germany
132
Ships
98
Exports from United Kingdom
126
Volume, index
72
Loadings
100
Bulbs, flower, exports from Netherlands 134
Production
50
Business failures
118
Shipments
50
Butter:
Stocks
50,104
Cold-storage holdings
86
Cars, loadings, shortage and surplus. 100
Exports from Australia
140 Coffee, imports, stocks and Brazilian
, Exports from Denmark
130
movement
90
Exports from Netherlands.
134 Coke, exports and production
50
Exports from New Zealand
140 Cold-storage holdings:
Receipts
86
Dairy products
86
Wholesale price
86
Eggs
86
'Meats
84
Canada:
Condensed and evaporated milk
86
Exports of key commodities
136 Condition, banks
116
Foreign exchange rates.
96 Construction:
Foreign trade
136
Contracts awarded, building.... 66,68
Price index
"
115
Costs
74
Canals, traffic through,
98
Volume, index
72
Capital issues, new
118,120 Copper:
Exports
42
Cars, freight, loadings, surplus, etc
100
Production
48
Carpet, looms, active
38
Prices
42
Cattle:
Receipts, shipments, and slaughter. 82 Corn:
Wholesale price
80
Exports from South Africa (maize). 143
Cement:
Exports from United States
- 78
Exports from Belgium
.* 130
Production (crop estimate)
77
Production, shipments, and stocks. 74
Receipts, shipments and visible
Price, wholesale
72
supply
79
Wholesale price
80
Cereals:
118
Exports
78 Corporations, new
I l l , 112
Loadings, grains
100 Cost of living
74
Production
77 Costs, building construction
Receipts, shipments, and visible
Cotton:
supply
79
Consumption by mills
34
Exports from British India
138
Chain stores, sales
105,106
Exports from Egypt
142
Chemicals:
Exports from United States
34
Exports, imports and prices
76
Ginnings
39
Exports from France
128
Imports
34
Cheese:
Prices, producers' and wholesale.. 40
Cold-storage holdings...
86
Production (estimated crop)
34
Exports from Canada
136
Stocks
34
Exports from Netherlands
134
Spindles, active
38,39
Exports from New Zealand
140
Visible supply
34
Receipts
86
Wholesale price
86 Cotton fabrics:
Consumption by tire manufacturers 58
Chile, foreign exchange
96
Embroideries, exports from SwitCigars, production...
91
zerland
132
Cigarettes, production
91
Exports from British India
138
Cloth, cotton, exports
34
Exports from France
128
Clothing:
Exports from Japan
138
Cost of, index numbers... I l l , 112,113
Exports from United Kingdom
126
Exports from France
128
(147)

148
INDEX—Continued.
Page numbers refer to data in the detailed tables (pp. 33 to 143) only. Items in the table on "Trend of Business Movements" (pp. 18 to31)
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 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.
Tage.

Cotton fabrics—Continued.
Exports from United States (cloth). 34
Finished goods
36
Knit underwear
36
Price, wholesale, print cloths and
sheetings
40
Cottonseed, stocks
88
Cottonseed oil:
Production and stocks
88
Wholesale price
80
Cotton yarn:
Exports from Japan
138
Price, wholesale
40
Credit conditions:
Indebtedness and orders, wholesale
trade
124
Payments, wholesale trade
123
Motor accessories
59
Crops:
Prices, producers' and wholesale.. - #0
Prices, index numbers
113
Production
77
Customs, receipts
122
Dairy products (see also butter, cheese,
and milk):
Exports from Denmark
130
Exports from Netherlands
134
Exports, receipts and cold storage
holdings
86
Debits to individual accounts
116
Debt, U. S. Government
122
Denmark:
Exports of key commodities
130
Foreign trade
.•
130
Department stores:
Sales
106,108
Stocks
109
Diamonds, exports from South Africa.. 142
Dividend and interest payments
118
Dress goods, wholesale price
•.. 40
Drugs and pharmaceutical, wholesale
price index
76
Drugs, crude, wholesale price index
76
Dyes and dyestuffs:
Exports from Germany
Exports from Switzerland
Exports from United States
Earnings:
Labor, Wisconsin factories
Railroads
Telephone companies
U. S. Steel Corporation
Eggs:
Cold-storage holdings
Exports from Denmark
Receipts
Egypt, exports of cotton
Elastic webbing, sales




132
132
76
110
102
118
44
86
130
86
142
34

Page.

Electric power, production
Emigration
Employment.
'•.
England. (See United Kingdom).
Essential oils, wholesale price index
Expenditures, U. S. Government
Exports. (See separate commodities
and '{Foreign trade.' *)

50
110
110
76
122

Factories, employment in
110
Failures, business
119
Farm prices, index
113
Federal Reserve banks, condition of... 116
Federal Reserve Board, price index
114
Fertilizer, exports
*•- 76
Finished cotton goods
36
Fire losses
68
Flour, wheat:
Production
79
Wholesale price
80
Flower bulbs, exports from Netherlands
134
Food, cost of, index numbers
Ill,
112,113
Foreign exchange rates and index numbers...*.
96
Foreign trade:
Argentina
.'
136
Australia
140
Belgium
130
Brazil
:
136
British India
\
138
Canada
136
Denmark
. . ; . . . 130
Egypt
142
France
128
Germany
132
Japan
138
Netherlands
134
New Zealand
140
South Africa
142
Spain
135
Sweden
130
Switzerland
132
United Kingdom
126
United States, exports
94
United States, imports
92
Uruguay
136
Vessels in, United States ports
98
Forest products, car loadings.
100
France:
Exports of key commodities
128
Foreign exchange
96
Foreign trade
128
Price index
115
Freight cars: Bad order, loadings, shortage, and surplus
100
Fuel, cost of, index number... I l l , 112,113
Jasoline, consumption, exports, production, and stocks
52

Page.

Germany:
Exports of key commodities
132
Foreign exchange rates
96
Foreign trade
132
Price index
115
Glass:
Bottles, production
56
Exports from Belgium
130
Illuminating, production, etc
60
Gold:
Exports from Australia
140
Exports from South Africa
142
Exports from United States
116
Imports to United States
116
Government finances:
Debt, receipts, and disbursements.. 122
Postal receipts.:
105
Grains:
Exports..."
78
t
Loadings
100
Production
77
Receipts, shipments, and visible
supply
79
Grocery chain stores, sales
106
Hides and skins:
Exports from South Africa.
142
Imports
64
Prices
64
Stocks
62
Hogs:
Receipts, shipments, and slaughter 82
Wholesale price..:
80
Holland. (See Netherlands.)
Housing, cost of, index numbers... I l l , 112
Illuminating glassware, production, etc. 60
Immigration
Imports. (See separate commodities
and "Foreign trade.' 1 )
Incorporations, new
I
India. (See British India.)
124
Indebtedness, wholesale trade
120
Interest rates
Iron (see also l' Pig iron "):
Bar
46
Foundry, Ohio
,
Iron ore:
Exports from Spain
Exports from Sweden
Movement, Sault Ste. Marie Canal. 42
Iron and steel (see also "Pig iron" and
" Steel"):
Exports from Belgium
Exports from France
132
Exports from Germany
126
Exports from United Kingdom
42
Exports from United States
Finished products, production, etc.
Imports to United States
4
Prices

149
INDEX—Continued.
Page numbers refer to data in the detailed tables (pp. 33 to 143) only. Items in the table on "Trend of Business Movements'' (pp. 18 to 31)
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 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.

Issues, new capital:
Corporations
Municipalities
Italy:
Foreign exchange
Price index

118
120
96
115

Japan:
Exports of key commodities
' Foreign exchange rates
Foreign trade
Price index
Jute, exports from British Inida

138
96
138
115
138

Knit underwear
Kresge, S. S., Co., sales
Kress, S. H., & Co., sales

36
106
106

Labor:
Employment and earnings
110
Wages, U. S. Steel Corporation
111
Iamb and mutton:
Cold-storage holdings
84
Exports from New Zealand
140
Lead:
Prices
42
Receipts and shipments
48
Leather:
Belting, sales of
61
Exports
64
Production
61, 62
Prices, wholesale
64
Stocks
62
Liberty and Victory loans,outstanding. 122
Light, cost of, index number.. I l l , 112,113
Lingerie and wearing apparel, exports
from France
128
Live stock:
Car loadings
100
Prices, wholesale
80
Prices, farm, index
113
Receipts, shipments, and slaughter. 82
Living, costof
in, 112
Loadings, freight cars
100
Losses,
fire
68
Lumber:
Exports from United States
72
Exports from Sweden
130
Oak flooring, production, stocks,
etc
72
Production, stocks, orders, etc
70
Prices, wholesale
72
Machinery, exports from Germany
132
Magazines, advertising
105
Mail-order houses, retail sales
105,106
Maize, exports from South Africa....... 142
Margarine, exports from Netherlands.. 134
Meat and meat products:
Exports from Denmark
130
Exports from New Zealand
140
Exports from South Africa
142




Page.
Postal receipts
105
Postal savings
110
84 Potash, imports
76
52 Potatoes, production (crop estimate)
77
86 Power, electric production
50
122 Prices (sec also separate commodities):
59
Bonds
120
120
Boots and shoes, wholesale
64
Building materials
72
84
Drugs and chemicals, wholesale in140
dex
76
Farm products
80
Netherlands:
Flour
80
Exports of key commodities
134
Hides and leather
64
Foreign exchange rates
96
Metals
42,44
Foreign trade
134
Stocks
120
New York State, employment
110
Textiles
,
40
New Zealand:
Wholesale comparisons
33
Exports of key commodities
140 Price i n d e x :
Foreign trade
140
Bonds
120
Newspaper advertising
105
Bradstreet's (wholesale)
115
Nitrate of soda, imports
76
Building and construction costs
74
Department of Labor (wholesale).. 113
Oats:
Drugs and chemicals
76
Exports
78
D u n ' s (wholesale)
115
Production (crop estimate)
77
Farm products
113
Wholesale price
80
Federal Reserve Board (wholesale). 114
Oils, essential > wholesale price index... 76
Food, retail
113
Oleomargarine:
Foreign
115
Consumption
88
Printing activity, purchases, and sales. 54
Exports from Netherlands
134
Production. (-Sec separate commodities.)
Olive oil, exports from Spain
135
Public
finance
122

Meat and meat products—Continued.
Production, holdings, consumption,
and exports
Mexico, petroleum shipments
Milk, condensed and evaporated
Money in circulation
Motor accessories, credit conditions
Municipalities, bond issues and yields..
Mutton:
Cold-storage holdings
..
Exports from New Zealand

Oranges, exports from Spain
135
Orders, wholesale trade
124
Ore, car loadings (see also "Iron ore").. 100 Railroads:
Expenses
Owl Drug Co., sales
106

102
Freight-car movement
100
Revenues
102
Stocks and bonds, prices
120
Ton-mile operation
102
Receipts, U. S. G o v e r n m e n t . . :
122
Retail trade
105,106,108
Rice:
Exports from British I n d i a
138
• Production (crop estimate)
77
Rubber:
Consumption b y tire manufactures. 58
Imports
5G
Price, wholesale
'.
56
Rye:
Exports
78
Production (crop estimate)
77
Wholesale price
80

Panama Canal traffic
98
Paper:
Exports, production, shipments,
stocks, and prices
54
Exports from Canada
136
Purchases and sales
54
Payments:
Dividend and interest
119
Wholesale trade
123
Pay roll, New York and Wisconsin factories
110
Penney, J. C , Co., sales
106
Perfumes and soaps, exports from
France
128
Petroleum, crude
52
Pig iron:
Prices, wholesale
42,44
105,106,108
Production, United States
44 Sales, retail
48
Production, United Kingdom
44 St. Louis, lead a n d 2inc movement
Exports from Sweden
130 Salmon, canned, exports from Canada.. 136
Sault Ste. Marie Canal:
Pork:'
Iron ore movement
42
Consumption, exports, production,
Total traffic
: 98
and cold-storage holdings
84
110
Exports from Denmark
130 Savings, postal

150
INDEX—Continued.
Page numbers refer to data in the detailed tables (pp. 33 to 143) only. Items in the table on "Trend of Business Movements'' (pp. 18 to 31)
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 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.

Page.

Sears, Roebuck & Co., sales..
106
Sheep:
Receipts, shipments, and slaughter. 82
Wholesale price
80
Shelter, prices of, index number.. I l l , 112
Shipping
98
Silk:
Consumption.
36
Exports from Japan
138
Imports to United States
36
Stocks
36
Wholesale price
40
Silk fabrics:
Exports from France
". - 128
Exports from Japan.
138
Exports from Switzerland
132
Silver, exports, imports, and prices..... 116
Soap and perfumes, exports from France 128
Sources of'data:
Government
144
Technical periodicals
146
Trade associations
145
South Africa:
Exports of key commodities
142
Foreign trade
142
Spain:
Exports of key commodities
135
Foreign trade
135
Steel:
Barrels and drums
.
*
46
Earnings, U. S. Steel Corporation.. 44
Prices, wholesale
42,44, 72
Production, United States
44
Production, United Kingdom
44
Structural beams, price
72
Structural, sales
46
Unfilled orders, U. S. Steel Corporation
*
44
Stocks, sales and prices
118,120
Sugar, exports, imports, meltings,
prices and stocks
- 88
Suitings, wool, wholesale price
40
Sulphuric acid, exports
76
Sweden:
Exports of key commodities
130
Foreign exchange rates
96
Foreign trade
130




Switzerland:
Exports of key commodities
Foreign exchange rates
Foreign trade

132
96
132

J'age.

Vegetable oils, exports and imports
88
Vessels, construction, cleared and entered
93

Wages, U. S. Steel Corporation
Ill
Ward, Montgomery, & Co., sales.
106
Tea, imports into United States
90 Watches, exports from Switzerland.... 132
Telephone revenues and earnings
118 Webbing (elastic), sales
"34
Ten-cent stores, sales
105,106 Wearing apparel, exports from France.. 128
Wheat:
Textiles:
Exports from Australia
.
140
Active machinery
38, 39
Exports from Canada
138
Consumption of cotton and wool... 34
Exports from United States
.78
Finished cotton goods
36
Production (crop estimate)
77
Knit underwear
36
Receipts
,
79
Silk consumption
36
Shipments
79
Wholesale prices
40
Visible supply
,
79
Tin:
Wholesale price
S
O
Imports
42
Prices
42 Wheat flour:
Production
79
Stocks..
48
Wholesale price
80
Tires, production, stocks, and shipments 58
Wholesale prices, comparisons
33
Tobacco:
Wine, exports from Spain
135
Exports, production, and stocks... 91 Wisconsin, employment
HO
Wholesale price
80 Wood pulp:
Trade, foreign. (See "Foreign trade.")
Exports from Sweden.."
130
Transportation, water
98
Production, consumption, imports,
and stocks
- ^
Underwear, knit
36
Wool:
Union of South Africa. (See South
Consumption
- 34
Africa.)
Exports from Australia.
• 140
United Cigar Stores Co., sales
106
Exports from New Zealand
140
United Kingdom:
Exports from South Africa.
142
Foreign exchange rate
96
Imports
.
34
Foreign trade
126
Looms, active1
38,39
Pig iron TDroduction
;
44
Prices, producers' and wholesale... 40
Price index
115
Spindles, active
38,39
Steel ingot production
44
Stocks.......
?4
United States Government:
Woolens:
Debt
122
Exports, United Kingdom
• 126
Postal receipts
105
Prices, wholesale
40
Receipts and expenditures
122 Woolworth, F. W., Co., sales
106
Savings, postal
110 Worsted yarn, wholesale price
United States Steel Corporation:
Zinc:
42
Earnings
44
Imports
42
Unfilled orders
44
Prices
Wages
in
Production, receipts, shipments,
Uruguay, foreign trade
136
and stocks
^