Full text of Survey of Current Business : January 1924
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MONTHLY SUPPLEMENT TO COMMERCE REPORTS UNITED STATES DEPARTMENT OF COMMERCE WASHINGTON SURVEY OF CURRENT BUSINESS JANUARY, 1924 No. 29 COMPILED BY BUREAU OF THE CENSUS BUREAU OF FOREIGN AND DOMESTIC COMMERCE BUREAU OF STANDARDS In addition to figures given from Government sources, there are also incorporated for completeness of service the figures from other sources generally accepted by the trades, the authority and responsibility for which are noted in the text Subscription price of the SURVEY or CURRENT BUSINESS is $1 a year; single copies, 10 cents. Foreign subscriptions, $L50; single copies, including postage, 20 cents. Subscription price of COMMERCE REPORTS is $3 a year; with the Survey, $4 a year. Make remittances only to Superintendent of Documents, Washington, D. C., by postal money order, express order, or New York draft.;; Currency at sender's risk. Postage stamps or foreign money, not accepted WASHINGTON : GOVERNMENT PRINTING OFFICE : 1924 INTRODUCTION. The SUEVEY OF CUBBENT BUSINESS is designed to present each month a picture of the business situation by setting forth the principal facts regarding the various lines of trade and industry. At quarterly intervals detailed tables are published giving, for each item, monthly figures for the past two years and yearly comparisons, where available, back to 1913. In the intervening months the more important comparisons only are given in the table entitled u Trend of business movements" ip. 29). In the quarterly numbers (see issue for November, 1923, No. 27) blank lines covering the next three months have been left at the bottom of each detailed table, which will enable those who care to do so to enter new figures as soon as they appear. ADVANCE SHEETS. Realizing that current statistics are highly perishable and that to be of use they must reach the business man at the earliest possible moment, the department has arranged to distribute advance leaflets three times each month to those subscribers who request them. The leaflets are usually mailed on Saturdays, the first being issued about the 15th of the month, giving such information as has been received up to that time. Further sets of sheets are mailed in the tw6 following weeks, each giving those figures received during the current week. The information contained in these leaflets is also published in "Commerce Reports," issued weekly by the Bureau of Foreign and Domestic Commerce. The complete bulletin is distributed as quickly as it call be completed and printed. In computing these index numbers the last pre-war year, 1913, or in some instances a five-year average, 1909-1913, has been used as a base equal to 100 wherever possible. In many instances comparable figures for the pre-war years are not available, and in such cases the year 1919 has usually been taken as the base. For some industries 1919 can not be regarded as a proper base, due to extraordinary conditions in the industry, and some more representative period has been chosen. In a few cases other base periods are used for special reasons* In all cases the base period is clearly indicated. The index numbers are computed by allowing the monthly average for the base year or period to equal 100. If the movement for a current month is greater than the base, the index number will be greater,than 100 and vice versa. The difference between 100 and the index number will give at once the per cent increase or decrease compared with the base period. Thus an index number of 115 means an increase of 15 per cent over the base period, while an index number of 80 means a decrease of 20 per cent from the base. Index numbers may also be used to calculate the approximate percentage increase or decrease in a movement from one period to the next. Thus if an index number at one month is 120 and for a later month it is 144 there has been an increase of 20 per cent. BUSINESS INDICATORS. The diagrams on page 2 have been prepared to facilitate comparisons between a few of the more > The figures reported in tlie accompanying tables are j important business movements. The lines are plotted very largely those already, in existence. The chief on what are known as ratio charts (logarithmic scale). function of the department is to Wring .iogeftjet these These charts show the percentage increase and allow data which, if avaitahler at all, are scattered in hun- direct comparisons between the slope of one curve and dreds of different publications. A portion of these that of euy other curve regardless of what part of the data are collected by GoveoinQ^t dfepartnisnts, other diagram it is located in; that is, a 10 per cent increase figures are compiled by tecfiiiical journals, and stiH in an item is given* the same vertical movement whether its curve is near the bottom or near the top others are reported by trade associations. The source of each item in the detailed tables is of the chart. given in footnotes, and a list of all sources of informaThe difference between this and the ordinary form tion will be found at the end of this bulletin (pp. 52 to of a chart can be made clear by an example. If a 56). In cases where the original figures have been certain item has an index number of 400 in one month collected by outside agencies, the Department of Com- and it increases 10 per cent, its index number will he merce assumes no responsibility for their accuracy or 440, and on an ordinary chart the next month would oompleteness. The figures used, however, are in be plotted 40 scale points higher than the preceding some cases those generally accepted in business circles month. Another movement with an index number as sufficiently complete to represent the current trend of, say 50, also increases 10 per cent, making its index of the given industrial movement and in other instances number 55. On the ordinary (arithmetic) scale this ^tre vouched for by trade associations or other agencies. item would rise only 5 points, whereas the previous item rose 40 points, yet each showed the same perINDEX NUMBERS. centage increase. The ratio charts avoid thia diffiTo facilitate comparison between different items and culty and give to each of the two movements exactly render the trend of a movement more apparent, index or relative numbers have been calculated. The index the same vertical rise, and hence the slopes of the two numbers enable the reader to see at a glance the general lines are directly comparable. The ratio charts comupward or downward tendency of a movement which pare percentage changes, while the arithmetic charts compare absolute changes. not so easily be grasped from the actual figures. BASIC DATA.- MONTHLY SUPPLEMENT TO COMMERCE REPORTS UNITED STATES DEPARTMENT OF COMMERCE WASHINGTON SURVEY OF CURRENT BUSINESS BUREAU OF THE CENSUS COMPILED BY BUREAU OF FOREIGN AND DOMESTIC COMMERCE BUKEAU OF STANDARDS JANUARY No. 29 1924 CONTENTS Put. Page. Summary for November Business indicators (diagrams and tables) Wholesale price comparisons Employment in various industries (diagrams) Course of business in November Debits to individual accounts (principal clearing-house centers) Revised index of manufacturing production December data Indexes of business (production, prices, sales, etc.) World production of wheat Trend of business movements: Textiles _ _ Metals „ Fuel and power Automobiles and rubber... Hides and leather ,.._ Paper and printing Buttons _ Glass and optical goods Building construction Chemicals and naval stores.. Fats and oils and foodstuffs _ Trend of business movements—Continued. Tobacco Transporation Public utilities Employment Distribution movement Public finance Banking and finance Foreign exchange and trade Trade and industry of foreign counti Detailed tables: Hats and textiles Clothing Newsprint in hands of publishers Iron products Hardwood lumber Paving brick Ship construction Zinc retorts and chain stores Miscellaneous World production of sugar, flaxseed, World production of cotton Sources of data 1 2 4 6 7 17 19 23 25 28 29 31 33 33 34 34 35 35 35 37 38 SUMMARY FOB NOVEMBER. A seasonal decline^in production is shown by the J^N'ovember figur ^s. The principal declines from a year 2>ago occurred in coal, wheat flour, sugar, cotton, wool, ^steel ingots, paper, sole leather and brick, while such ^basic items as pig iron, locomotives, lumber, petrol e u m , copper, zinc, and automobiles made increases ^over November, 1922. The output of minerals and "^the marketings of animal products were larger than a year ago, while crop marketings were less, but total output of raw materials was larger. Manufacturing production was about the same as a year ago* Wholesale and retail trade made a seasonal decline and was generally higher than a year ago. Wholesale prices again declined one point from the previous 7&O4-24 1 (1) month, while retail prices again ro: cost-of-living index also rose one p< The surplus of railroad cars ros 150,000 cars, while loadings of frei seasonally from November, were ago. Business failures increased in mr were less than in October. Chec indicated by clearings and bank del October for New York City but d< of the country. Interest rates rem same as in October. Employmeni totaled" 2,016,000 workers as ag* October. - 40 40 41 42 42 AO BUSINESS INDICATORS. (1913 monthly average=100. Bee explanation on inside front cover.) t93t / ——J COTTON CONSUMPTION. BITUMINOUS COAL PRODUCTION. PIG-IRON PRODUCTION. 1923 100 00 \ \ so 80 v \ \ // 1920 1923 W 1 1 1 / \ 1 A/ yV 40 to 10 BANE CLEARINGS OUTSIDEfNEW YORK CITY (VALUES.) EXPORTS (VALUES). NET FREIGHT TON-MILES. j V ao 1923 vAvAv KO \ 300 * / — V " 100 so eo 40 (0 10 DEFAULTED LIABILITIES (VALUES). 1 /I N« \ w* PRICE OF 25 INDUSTRIAL STOCKS. WHOLESALE PRICES. i*a 400 1823 1820 UK M 1 ^^« s- . •j I0Q 1 K / » n I 40 \K\ J 300 80 60 Ml ao 10 BUSINESS INDICATORS. The following table gives comparative index numbers for a selected list of important business movements* It is believed that this table will prove useful, because it separates out from the large mass of material a comparatively small number of items which are often regarded as indicative of business in general. The table has been divided into two parte, the first containing those items for which index numbers can be calculated, using 1913 as a base. The second part contains items for which comparable data back to 1913 are not available. This latter group of index numbers is calculated by letting the 1919 monthly average equal 100. Care should therefore be exercised in comparing the absolute value of the two sets of data* In either group, hpwever, the upward or downward trend of the index numbers, compared to previous months, doe« reflect the present tendency m each item and will give a basis for business judgment. 1022 MONTHLY A V E R A G E . 192a COMMODITY. 1920 1921 1922 Oct. ! Nov. Pec. Feb. Jan. Mar. Apr. May. I Juno. July. Aug. Sept.' Oct. Nov. i 1913 monthly average-100. Production: Pig iron * Steel Ingots. Copper ......" Anthracite coal Bituminous coaL Crude petroleum, Cotton (consumption) • > Beef Pork Unfilled orders: U . S . Steel Corporation Stocks: Crude petroleum Cotton (mills and warehouses) * J . . Prices: Wholesale index, all commodities (Dept* Labor) Retail food (Dept. Labor) ! Retail coal, bitum.—U. S. average (Dept. Labor) ! Farm crops (Dept. Agriculture) *...' Farmlivestock (Dept. Agriculture). Business finances: Defaulted liabilities Price 25 industrial stocks * Price 25 railroad stocks • Banking:: j Bank clearings, New York City.— Bank clearings, outside N. Y. City.. Commercial paper interest rate Distribution: Imports (value) Exports (value) Sales, mail-order houses Transportation: Freight, net ton-miles 119 135 99 97 116 178 111 131 111 54 87 64 114 39 81 99 58 87 85 189 222 103 135 101 112 113 231 85 102 111 109 121 116 129 90 170 111 121 131 103 111 25fi 145 260 267 124 103 276 83 2S5 65 289 64 297 94 304 I 297 297 168 157 143 159 142 205 130 107 114 117 123 253 183 252 191 252 193 251 154 166 145 156 147 144 188 113 111 205 208 207 306 110 110 118 105 123 104 126 168 197 109 107 .108 230 229 152 217 136 169 64 75 187 74 190 67 191 83 177 182 229 184 240 251 258 80 289 174 247 155 116 117 125 140 140 85 188 141 113 127 142 76 92 249 149 113 100 242 110 124 183 106 234 118 107 156 153 127 103 126 147 229 118 117 117 117 271 130 117 177 226 230 123 102 161 212 125 114 234 205 122 131 122 38 116* 311 100 129 115 101 ! 119 152 257 134 146 128 116 123 318 102 133 134 110 183 275 144 139 123 109 113 315 96 119 146 137 I 160 150 238 143 149 123 114 114 297 112 122 156 117 1 138 151 109 207 153 151 166 123 112 116 299 129 129 153 126 136 101 112 114 230 120 134 146 76 176 156 106 74 139 156 116 106 107 281 120 119 148 79 74 150 146 154 149 153 152 150 151 203 134 106 192 139 186 140 105 185 139 100 185 136 102 183 136 102 184 138 109 186 135 139 137 103 97 179 198 79 213 199 78 227 195 76 181 186 157 151 177 126 349 221 177 175 181 73 126 182 73 69 70 213 230 251 271 87 228 261 89 244 • 237 211 191 225 229 271 267 242 285 266 89 86 256 86 89 88 266 165 290 244 157 214 155 221 192 184 150 198 170 206 195 146 199 184 194 195 231 335 306 139 141 148 144 154 136 126 13S 137 132 83 116 : 111 107 277 287 243 203 148 232 272 ^249 *153 260 139 132 138 119 '' 143 140 145 144 110 151 147 162 137 j 105 114 312 112 151 220 188 ! 204 108 319 153 144 166 264 102 123 143 197 233 179 268 125 114 166 195 184 181 ! 154 123 130 159 220 245 331 113 141 143 219 266 76 76 123 80 176 70 187 242 1919 monthly average—1OO. Production: Lumber 3 | Building oontracts (floor space) ' Stocks: Beef Pork Business finances: Bond prices index (40 Issues) Banking: Debits to individual accounts, outside New York City Federal Reserve, bills discounted.. • Federal Reserve, total reserves Federal Reserve, ratio T.... —r 100 85 | 72 69 j I 70 43 | 97 85 I S3 i 114 1S2 97 87 ! 1 j | ! 114 102 124 100 123 124 101 83 27 70 22 28 47 40 48 48 42 67 50 68 82 92 102 107 112 110 I 107 107 i 107 106 104 91 97 91 \ 28 122 j 144 122 154 94 105 98 112 112 22 24 34 33 31 146 147 146 144 147 156 155 152 144 153 96 31 146 152 87 96 j 109 83 ' 89 99 131 130 I 135 139 138 129 99 90 ; 27 109 24 113 19 19 26 111 95 59 103 104 104 103 101 102 112 107 113 39 42 46 41 145 145 146 146 146 146 150 153 111 40 146 153 99 33 116 3S 146 152 104 36 156 154 152 152 6S 10G *1 Monthly statistics on the movements since January, 1913, or as far back as available, are given on pages 47-49 of thi December, 1922, Survty (No. 16). Yearly figures are monthly averages for the crop year ending July 31 of year indicated. * Monthly prices are for tha 15 th of the month Indicated. * Based on the total computed production reported by 5 associations. Includes southern pine, Douglas fir, western pine, North Carollfi* pine, a&d Michigan hard ),000 •board production for thj and soft woods. Tha total production of these associations in 1919 was equal to 11,190,000,0^ — * feet, - - - comptrtd. with _...c a. .total . . . . lumber .... ._ .JL ... country . . or ... 34,552,000,000 board feet reported by the eansus. COMPARISON OF t PRESENT WHOLESALE PRICES WITH:PEAK:AND PRE-WAR. (Relative prices 1913=100.) I N D E X NUMBERS 600 300 400 200 I FARM PRODUCTS. AVERAGE PRICE TO PRODUCER 100 600 YSS//7//SSS/S/y////?/S/SSSSSSA WHEAT CORN POTATOES COTTON COTTON SEEO CATTLE. BEEF HOGS LAMBS WHEAT. SPRING WHEAT. WINTER *i?.&S09&0Q0SS699S&S&&S&0006£962 f ////{/////////S///ZA CORN. NO.2 V/////;/////////////f/7/77\ \ OATS 1 BARLEY 50&0£0g9060609096£&990?&29SS9!»B »SQ^SdQ9^S00G^9^S&00000Xi9%9S9^096909S9S^ RYE. NO.2 TOBACCO. BURLEY COTTON WOOL \ GREASE (BOSTON! CATTLE. STEERS HOGS. HEAVY SHEEP. EWES SHEEP. LAMBS FLOUR. SPRING FLOUR, WINTER SUGAR, RAW SUQAR. GRANULATED COTTONSEED OIL BEEF. CARCASS BEEF. STEER ROUNDS HAMS. SMOKED (CHICAGO) COTTON YARN COTTON. PRINT CLOTH COTTON, SHEETING WORSTED YARN WOMEN'S DRESS GOODS SUITINGS SILK. RAW HIDES. PACKER'S HIDES. CALFSKINS LEATHER, CHROME (BOSTON) LEATHER.SOLE OAK BOOTS AND SHOES (BOSTON) BOOTS AND SHOES (ST. LOUIS) COAL. BITUMINOUS COAL, ANTHRACITE COKE PETROLEUM PIG IRON. FOUNDRY PIG IRON. BASIC STEEL BILLETS. BESSEMER COPPER 1 PEAK PRICE LEAO | PRICE I N NOVEMBER TIN ZINC LUMBER. PINE. SOUTHERN LUMBER, DOUGLAS FIR BRICK. COMMON (NEW YORK) CEMENT STEEL BEAMS RUBBER, CRUDE SULPHURIC ACID 700 WHOLESALE PRICE COMPARISONS—MAXIMUM PRICE COMPARED TO PRICE IN RECENT MONTHS. NOTE—Prices to the producer on farm products are from U. S. Department of Agriculture, Bureau of Africulturat Ec*7*mte3, All other prices are from XT, A Department ofLtbor, Bureau of Labor Statistics, except market price of wool compiled by U. 8. Department of Commerce, Bureau pfthe Census. As far as posafbl* all qaoUtionsrepresent prices to the producer or at the mill. See diagram on page 4. COMMODITIES. Date a n d m a x i m u m relative price. September, 1923, Per cent increase (+) or decrease (—) in November from October. October, 1923. Relative price. (1913 Farm products—Average price to producers; Wheat Cora. Potatoes.... Cotton Cottonseed.. Cattle, beef.. Hogs Lambs i Farm products—Market price: Wheat, No. 1, northern, spring (Chicago) Wheat, No. 2, red, winter (Chicago) i Corn, contract grades, No. 2, cash (Chicago) j Oats, contract grades, cash (Chicago) Barley, fair to good, malting (Chicago) Rye, No. 2, cash (Chicago) I Tobacco, burley, good leaf, dark red (Louisville) Cotton, middling upland (New York) Wool, J blood combing, Ohio and Pennsylvania fleeces (Boston) j Cattle, steers, good to choice, corn fed (Chicago) 1 , Hogs, heavy (Chicago) 1 Sheep, ewes (Chicago) Sheep, lambs (Chicago) * *.. Food: Flour, standard patents (Minneapolis) Flour, winter straights (Kansas City) Sugar, 96 s centrifugal (New York) j Sugar, granulated, In barrels (New York)..... Cottonseed oil, prime summer yellow (New York) Beef, fresh carcass good native steers (Chicago) Beef, fresh steer rounds No. 2 (Chicago) Pork, smoked hams (Chicago) Clothings 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, 4Z4 Ware Shoals L. L. (New York) Worsted yarns: 2/32's crossbred stock, white, in skein (Boston) Women's dress goods, storm serge, all-wool, double warp, 50 inches (New York) Suitings, wool, dyed blue, 55-66 inches, 16-ounce Middlesex (New York) Silk, raw Japanese, Kansai No. 1 (New York) Hides, green salted, packers, heavy native steers (Chicago) Hides, calfskins, No. 1, country, 8 to 16 pounds (Chicago) Leather, chrome calf, dull or bright " B " grades (Boston) Leather, sole, oak,scoured backs, heavy (Boston) Boots and shoes, men's black calf, blucher (Massachusetts) Boots and shoes, men's dress welt tan calf (St. Louis) Fuels: Coal, bituminous, Pittsburgh, mine run—Kantwha (Cincinnati) Coal, anthracite, chestnut (New York tidewater) Coke, Connellsville (range of prompt and future; furnace—at ovens Petroleum, crude, Kansas-Oklahoma—at wells.. Metals: Pig iron, foundry No. 2, northern (Pittsburgh) Pig iron, basic, valley furnace Steel billets, Bessemer (Pittsburgh) Copper ingots, electrolytic, early delivery (New York) Lead, pig, desilvered, for early delivery (New York) Tin, pig, for early delivery (New York) Zinc, slab, western, early delivery (New York) Building materials a n d miscellaneous: Lumber, pine,southern,yellow flooring, 1 x 4 , " B " and better (Hattiesburg district), Lumber, Douglas fir, No. 1, common, s 1 5 , 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. a b. plant (Chicago district) Steel beams, mill (Pittsburgh) Rubber, Para Island,fine(New York) Sulphuric acid, 66'(New York) „! average-100.) 326 300 706 312 321 183 2S6 239 118 139 16S 227 188 97 101 169 120 136 139 240 188 93 96 167 117 118 138 258 211 - 2.5 -13.2 -0.7 + 7.5 +12.2 - 4.3 - 7.3 166 - May, 1920 May, 1920 8ept., 1917 June, 1920 Mar., 1918 Mar., 1918 Mar., 1919 Apr., 1920 Apr., 1918 Mar., 1919 July, 1919 Apr., 1918 Feb., 1920 354 302 331 296 325 451 352 331 308 318 266 319 127 106 142 110 105 110 212 223 18S 125 103 117 131 111 162 117 108 113 212 235 188 123 93 113 120 103 135 118 105 111 212 274 192 116 85 121 158 - 8.4 -2.7 -16.7 + 0.9 May, May, 323 526 374 201 211 231 136 137 199 193 162 135 132 134 135 140 217 210 165 135 118 132 132 136 208 203 162 135 104 126 -2.8 -2.9 - 4.1 - 3.3 348 478 427 289 292 291 466 283 490 473 230 308 292 191 204 181 219 184 239 269 77 81 163 109 202 153 200 217 204 212 184 239 215 84 83 163 104 201 153 218 229 208 212 184 239 215 77 79 163 101 201 153 + 1.0 + 5.5 + 2.0 0.0 0.6 0.0 0.0 - 8.3 - 4.8 0.0 - 2.9 0.6 0.0 Sept., 1922 Oct., 1921 Aug., 1920 Mar., 1920 336 201 637 375 177 210 177 144 177 216 152 133 177 216 156 112 0.0 0.0 + 2.6 -15.8 July, 1917 Sept., 1920 July, 1917 Mar., 1917 June, 1917 May, 1918 June, 1915 346 166 169 163 159 85 161 93 117 80 156 148 142 155 81 157 99 115 - 6.9 -11.3 0.0 + 1.3 + 0.6 + 6.5 + at Feb., Jan., Feb., Oct., 455 407 381 251 195 331 124 250 190 190 305 175 173 192 201 - 4.2 0.0 - 5.5 -4.4 -4.0 166 30 75 166 27 75 184 201 274 174 166 166 25 75 June, July, June, July, May, May, July, Apr., 1920 1920 1920 1920 1920 1919 1919 1920 1920 1917 May. 1920 May, 1920 July, 1919 Sept., 1920 July, 1920 July, 1919 May, Apr., May, Jan., 1920 1920 1920 1920 Oct., July, Jan., Aug. Aug., Nov., Aug., 1918 1920 1920 1919 1919 1919 1919 Mar., Aug., 1920 1919 1920 1920 1920 1920 Sept., 1920 June, 1917 Jan., 1913 Feb., 1916 330 388 230 261 224 160 155 S3 114 290 182 173 0.6 - 2.8 - 1.8 0.0 +16.6 + 2.1 - 5.7 - 8.4 + 7.1 -3.7 - 1.8 0.0 -11.9 -4.fi ao - 6.4 CO EMPLOYMENT IN VARIOUS INDUSTRIES.1 (Relative employment 1921 -100.) I —— 225 i — — 500 1.50 3 IRON AND STEEL AND THEIR PRODUCTS. TEXTILES AND THEIR PRODUCTS. FOOD AND KINDRED PRODUCTS. _- 2 160 ISQ 1 §.25 100 S / Z 120 / • \ / AVI RAC * \9 1 A\ ERA . /^ 931 WEI- AQE \ 7ft i 8 I 1922 1 ! IBS) j nt JAN- 60 IliiHii'lli! 1931 J 1923 £ LEATHER AND FINISHED GOODS. I 1023 I | 0 2 3 I CHEMICALS. METALS AND METAL PRODUCTS (other than iron and steel). /^ /*/ 125 ""V / VCR QE I IWI I 1023 | 1023 H 3h Ii H S 1S I I I TOBACCO MANUFACTURES. / >«t 1 1822 I 1 AVERA f1 VEHICLES FOR LAND TRANSPORTATION. ii s 1921 | 1923 V IS133 1933 TOTAL, ALL INDUSTRIES (1,428 factories). 225 \ / 200 •a a. IIS l«60 . " ^ / / ] s/' ff X /-I •• AV MX E 1 AV / / 1 1821 | 1923 I 1923 ! 1 1821 I 1922 I 1923 t > Detailed data, on which these charts are based, covering the 14 major industries as grouped according to classification in tae census of manufactures will be found on pages 152 and 153 of the November issue (No. 27) of the Survey of Current Business. BUSINESS SUMMARY. Index numbers based on the 1919 monthly average as 109—except unfilled orders which are based on the 1920 average—enable comparisons to bo made of the relative condition of the several phases of business." The use of index numbers is more fully explained on the insido front cover, and details of this summary are given in the table entitled "Indexes of Business," beginning on p. 25.) 1922 November. October. PRODUCTION: Manufacturing (65 commodities) _„ Raw materials, total Minerals _ Animal products Crops Forestry Electric power. Building construction (contracts awarded). 121 157 151 122 184 132 152 116 123 72 124 71 106 60 112 58 125 54 123 53 109 157 89 130 110 153 81 131 73 154 89 100 92 152 93 112 134 182 98 148 122 177 84 142 154 143 77 89 156 145 78 91 150 146 78 99 154 149 80 99 153 150 81 99 152 151 81 99 119 124 -106 115 118 -78 122 130 35 119 130 16 128 134 7 122 92 __ - COST OF LIVING (recomputed to 1919 base) __^ FACTORY EMPLOYMENT (recomputed to 1919 base) 1 > 1 112 131 138 108 144 125 140 83 PRICES (recomputed to 1919 base): Net freight ton-mile operation __ Average weekly carloadings Net available car surplus (end of month) November. 119 121 155 110 113 136 144 85 .... TRANSPORTATION ; October. Ill 136 121 113 160 117 136 101 __.. . Wholesale, all commodities Retail food September. 112 153 126 112 195 118 134 100 STOCJKS OF COMMODITIES..UNFILLED ORDERS (relative to 1920)SALES (based on value): Mail-order housesTen-cent chains Wholesale trade Department stores_ - August. 111 141 136 123 158 119 149 111 Partly estimated. BUSINESS CONDITIONS IN NOVEMBER* The following pages contain a review^ by principal industries, of the more important statistics shown in the table on "Trend of business movements" (p. 29), Summaries of production, stocks, sales, and price changes are also shown, taken from the data in the tables of " Indexes of business " (p. 25). BUSINESS INDICATORS—COMPARISON OP NOVEMBER WITH MAXIMUM MONTH OF 1923. INDEX PRODUCTION 60 100 NUMBERS ISO PIO IRON STEEL-INGOTS LOCOMOTIVES ZINC PRODUCTION. Mineral production for November, based on the 1919 monthly averages as 100, stood at 136 as against 151 in October and 121 a year ago. Decreases from October occurred in all minerals except zinc and gold, while, compared with a year ago, all minerals had a larger output except bituminous and anthracite coal and lead. Marketings of animal products stood at 122 for November as against 122 in October and 113 a year ago. Increases occurred over a year ago in all classes of animal products except wool, cattle, and sheep. Crop marketings show the following comparisons with a year ago: Grains 120 against 145, vegetables 141 against 132, fruits 226 against 161, cotton and cottonseed 201 against 204. The total index at 158 compares with 160 a year ago. The output of manufactured goods, according to the revised index on a 1919 base as 100, shows textiles at 109 compared with 111 in October, iron and steel_at 113 compared with 127, paper 105 compared with 107, COPPER ANTHRACITE COAL BITUMINOUS COAL CRUDE PETROLEUM COTTON CCONSUMPTION) STEEL CORP. (UNFILLED ORDERS) PRICES WHOLESALE INDEX. ALL COMMODITIES ( W t LAMM) RETAIL FOOO ( W l LABOR) FARM CROPS <MPt MttlCULTURE) LIVE STOCK (DOT M*ICM.tUftE) BANKING AND.HNANCE DEFAULTED PRICE as LIABILITIES INDUSTRIAL STOCKS PRICE 45 RAILROAD STOCKS SANK CLEARINGS, OUTSIDE NEW YORK CITY INTEREST BATES ( COMMERCIAL) OlSTRIBllflON IMPORTS (VALUE) EXPORTS < VALUE) SALES, MAIL-ORDER HOUSES SALES, TEN * CENT STORES FREIGHT. NET TON-MILES | MAXIMUM MONTH IN 1*23 W OCTOBER E g Z Z Z l NOVEMBER • • ! 8 metals (except iron and steel 156) against 175, tobacco 113 against 125. The total index stands at 111, the same as a year ago, and compares with 121 in October. Building construction, as shown by floor space of contracts awarded, stood at 111 in November, with the 1919 average as 100, as against 116 in October and 101 a year ago. STOCKS. The trend of commodity stocks is shown by the following comparisons for the end of November with the previous month and a year ago, based on 1919 as 100: Cotton 107 against 95 and 122, pig iron 186 as against 173 and 39, building equipment (except lumber) 107 against 96 and 94, nonferrous metals 98 against 265 and 195. The total stock index of 123 for the end of November compares with 123 for October and 124 in November, 1922. SALES. Manufactured sales generally showed increases over October in the iron and steel industry, but declines in textiles and building materials. Sales in general were less than a year ago. The index of unfilled orders on manufacturers' books stood at 53 as against 54 in October, based on the 1920 average as 100. Wholesale trade, based on value, stood at 84 in November, with 1919 as 100, as against 98 in October, while a year ago the drop was from 89 to 81. All lines except shoes were higher than a year ago, and all made a seasonal decline from October, 1923. A similar seasonal movement occurred in retail trade* Compared with a year ago, on a 1919 base, sales of mailorder houses stood at 122 as against 110 in November, 1922, ten-cent chains 177 against 153, department stores 142 against 131. Value of department-store stocks at 149 compares with 146 at the end of October and 130 a year ago. PRICES. Prices received by producers averaged 137 for crops as of November 15, based on 1913 average prices as 100, as against 139 in October and 118 a year ago. The livestock index stood at 97 as against 103 in October and 105 a year ago. Wholesale prices, as computed by the Department of Labor on a 1913 base, averaged 152 in November as against 153 in October and 156 a year ago. The farm products, clothing and chemical groups showed an increase, the remaining groups declining from October. As regrouped by the Federal Reserve Board, this index shows a decline in all classes of raw COMPARISON OF WHOLESALE AND RETAIL FOOD PRICE INDEX NUMBERS. WITH INDEX OP ALL COMMODITIES AT WHOLESALE. (U. S. Department of Labor Index numbers. Relative prices 1913*100.) 1918 1917 1916 350 J1 f 240 1 1922 1921 1920 1919 1923 s 1 930 \ \ J i 910 300 ISO Yr £ 190 Z 170 II A J j 160 1Y 140 ( 180 ft T f A i \ L 9 \ 4 i < y i V i 1 J A • ' i^ 1 \ \ V< i ;. i eo J <s ^^ * r t 100 'A 1 f\ j 1 ISO MO <•* \- s? t4 f IB i AVER IGE | < * 9 products except agricultural products, as well as in producers' goods; consumers' goods remained unchanged. Dun's index at 158 remained unchanged, andjcompares with 153 a year ago, while Bradstreet's index stood at 146 as against 143 a month previous and 150 a year ago. Compared with the stationary price of 163 for the United States, as shown by the Federal Keserve Board's index for international price comparisons, British and French prices rose, while Canadian prices declined. Retail-food prices, according to the index of the Department of Labor, stood at 151 as against 150 in October and 145 a year ago. The cost-of-living computation at 165 in November compares with 164 in October and 158 a year ago. Food, shelter, and sundries increased from October, while clothing and fuel and lighting declined. TEXTILES. Wool consumption in November declined from the preceding month while the activity of wool machinery likewise declined from October. Receipts of wool at Boston, totaling 11,676,000 pounds, were 63 per cent below November a year ago. Of the November total, the receipts of foreign wool aggregated 3,474,000 pounds, which may be compared with 21,731,000 pounds of foreign wool received at Boston, in November, 1922. Imports of wool increased slightly in November but were only one-third as large as a year ago while prices of wool and woolen goods remained stationary during the month. COTTON CONSUMPTION IN NORTHERN AND SOUTHERN MILLS \r V f A f /V sA I*V s *\ * A sA\ 1 \ \\\ V i i ] Exports of unmanufactured cotton declined both from the preceding month and from November, 1922. Exports of cotton cloth declined, being in November about 20 per cent less than a year ago. Fewer cotton spindles were active in November while total activity in spindle hours registered a decline of 4 per cent from the preceding month. Wholesale prices of cotton and cotton goods averaged higher in November while prices paid for cotton to the producer on December 1 averaged 8 per cent higher than the prevailing prices on November 1. New orders and shipments of all classes of cotton goods from finishing plants declined in November both from the preceding month and from November a year ago. CUMULATIVE COTTON GINNINGS TO SPECIFIED DATES. EXPORTS AND CONSUMPTION OF COTTON. 1.000 > 1923 i m L. o i '-ay 1921 if t if >'/ / / / Cotton consumption by textile mills in November declined 2 per cent from the preceding month and 8 per cent from November a year ago. Stocks of cotton held by mills and warehouses totaled 5,209,355 bales on November 30, 27.6 per cent of which total was held by mills, as against 5,922,443 bales a year ago, when 29.0 per cent of the stocks was held by mills. Imports of raw cotton increased seasonally but were only one-third as great as the volume of imports of & year ago. 78404—24 2 i / >// $ k w r FEB.I TOTAL OtNNED 10 STOCKS OF COTTON: NUMBER OF DAY'S SUPPLY AT DAILY RATE OF CONSUMPTION. 400 1 350 300 j Q. s \ 260 V J 1 O 200 cc tu \ ID D \ f 100 60 h \ \ 160 1 L/ I I H co (IN DOZEN PAIRS) . OCTOBER, 1 9 2 3 . Total. Men's. Women's. NOVEMBER, 1923. Total. Men's. Women's. Production: 2,451,354 l,0S8,0Sl AH cotton 527.168, 2,448,431 1,059,719 958,130 1 273,933 • 674,65S All natural silk.. 976,340 293,858 1,087,763 ; 467,461 461,495] 1,019,290 AH others 446,236 Total Shipments Stocks end of month Orders Cancellations Unfilled o r d e r s end of month... 526,316 674,523 435,326 4,497,247 ] 1,829,475 1,663,321 4,444,064 1,799,813 1,636,165 4,317,378 1,796,414 1,678,703 3,815,779 1,640,729 1,361,886 6,772,358 2,079,052 2,777,188! 7,500,257 2,248,473 3,039,864 4,535,205 1.812,019 1,681,000 4,432,347 1,921,215 1.543,796 191,720 74,889 76,165 277,877 97,520 100,760 8,726,817 3,395,657 2,815,017 9,727,249 3,862,960 3,062,974 The eastbound movement of iron ore through the Sault Ste. Marie Canals declined seasonally in November but was 47 per cent above the movement a year ago. Stocks of iron ore at furnaces and at Lake Erie docks were below a year ago but registered increases over the holdings on October 311 Consumption of iron ore declined during the month. The output of pig iron in November declined 8 per cent from the preceding month while the production of steel ingots registered a decline of 12 per cent. Production and shipments of pig iron by merchant furnaces declined while sales and unfilled orders increased. Production of Ohio foundry iron registered an increase both as respects the preceding month and November a year ago, while stocks and receipts of iron decreased. Unfilled orders of the United States Steel Corporation continued to decline. Production of steel sheets by independent mills was equivalent to 67 per cent of plant capacity in November as against 77 per cent in October and 91 per cent in November, 1922. Sales, shipments, and unfilled orders of steel sheets likewise declined during the month. Prices, of iron and steel averaged lower in November. O Consumption 'of silk as seen from deliveries to textile mills registered a slight decline in November from the preceding month, but from a year ago the decline amounted to 29 per cent. For the 11 months of 1923 a total of 335,143 bales of silk was delivered to consuming establishments as against 336,578 bales for the corresponding period of 1922. Imports of raw silk in November increased over the preceding month. Silk stocks at the end of November, although 25 per cent below a year ago, registered an increase of 8 per cent over the October stocks. Wholesale prices of raw silk at New York showed no change from October. The monthly hosiery report of the Department of Commerce shows the following comparative summary of hosiery production, stocks, and orders for 298 identical establishments representing 382 mills in October and 381 in November. HOSIERY IRON AND STEEL. PRODUCTION OF PIG IRON AND STEEL INGOTS AND UNITED STATES STEEL CORPORATION'S UNFILLED ORDERS. 12 % t 10 \ f/ 8 \ --> 6 y \ # H i i !i i i 4 in /" 2, * 0 i i \\ 1920 \ r !i \ 1921 \ \ ^_ MS* i \ 1022 1923 Sales of steel castings increased in November but were 35 per cent below a year ago. New bookings for fabricated structural steel showed an increase over October and over a year ago. The following table shows bookings each month as reported to the Department of Commerce by 177 identical firms with a revised capacity of 234,057,tons per month in 1923 and total sales computed to a capacity of 250,000 tons per month at the rate of sales to capacity of the reporting firms. A recent survey by the Department of Commerce indicates that the capacity of the structural fabricating industry showed little change from 1922, at 250,000 tons per month. 11 AUTOMOBILES. BOOKINGS OF FABRICATED STRUCTURAL STEEL. Actual ton- Per cent of nage booked. capacity. October November. December.. January..., February... March April May June July August September.. October November., 1922. 1923. Computed total bootIngs. 133,037 112,367 138,737 145,000 122,500 150,000 173,294 184,887 220,400 186,117 131,875 118,117 117,563 i 134,431 3 121,090 * 111,092 * 120,858 185,000 197,500 235,000 200,000 140,000 125,000 125,000 145,000 130,000 120,000 135,000 Automobile production declined from October, the passenger-car output totaling 284, G80 cars in November compared with 335,027 in October and trucks 27,914 as against 30,166 in October. Shipments of automobiles in November correspondingly declined from the preceding month. BUTTONS. The productive activity of manufacturers of freshwater pearl buttons showed no change in November but was still below a year ago. Stocks of buttons at the end of November increased both over October 31 and a year ago. 1 1 3 Reported by 176 firms with a capacity of 232,857 tons. Reported by 174firmswith a capacity of 232,107 tons. Reported by 169firmswith a capacity of 231,257 tons. * * Reported by 153firmswith a capacity of 223,472 tons. NONFERROUS METALS. Locomotive shipments by principal manufacturers declined in November, but shipments during the 11 months ending November totaling 2,860 locomotives were 170 per cent above the same period of 1922. Unfilled orders for locomotives continued to decline and on November 30 stood 70 per cent below March 31 ; when 2,316 locomotives were on order. New orders for freight cars, although calling for less than one-third as many cars as a year ago, increased from 1,125 cars in October to 5,050 in November. Production and exports of copper, although considerably above a year ago, declined from October, while the wholesale price of electrolytic copper averaged higher during the month. Total copper production by the mines in the United States in the first 11 months of 1923, amounting to 1,347,914,000 pounds, exceeded by 53 per cent the production in the corresponding period of 1922. Copper exports, totaling 723,365,000 pounds, were 7 per cent more than in the 11-month period of 1922. COPPER PRODUCTION AND EXPORTS. LOCOMOTIVE SHIPMENTS AND UNFILLED ORDERS. 165 ISO 135 120 CO D z 2 105 i !\J *i t t r \# V r 1 paPi i f "7 J \^ t f \ 1 1 i l ,- V 1 / f i I I 1921 n 1921 M M M n it 3 1923 I Zinc production increased 5 per cent in November while stocks of zinc at the end of November increased 20 per cent over the inventories of October 31. Receipts and shipments of zinc at St* Louis declined in Novemb r while the price of prime western zinc in slabs sho ed no change from the preceding month. 12 FUELS. RELATIVE PRODUCTION AND STOCK OP ZINC. (1913 monthly average-100.) The output of coke, anthracite, and bituminous coal declined in October both as respects the preceding month and November, 1922, Exports of coal and coke likewise declined in November while wholesale prices of coal and coke showed little change. Production of petroleum declined in November while stocks continued to accumulate and prices of petroleum averaged lower. The number of oil wells completed also declined in November. /\ 220 - t \ .1 200 - 1 t t iao - V I \ J L 160- / / \ / I AV ER/ CE 1 \ i 1 80 - ' \ 1 \ I J m Z 120 X -100\ V 60 -*• T A \ 1 PRODUCTION OP BEEHIVE AND BY-PRODUCT COKE. V 1J / \ \ 30 A1 ) J \ 40 K i V i 20 « < < =5 2 2 v \ \/ \\ \ 1922 V r -^ J / .A i iniii I 1921 // ' \lV 7 1921 1923 1922 1923 PRODUCTION OF BITUMINOUS AND ANTHRACITE COAL. . \, \\ 55 50 45 \ 40 A V\ 35 30 1 \ \ i V> j\ i V f / 1 1 i i 25 I / co 2 0 f I IS f O |0 00 9 O 8 •^i \A v\ // d S 7 Z B ^ ff i A ^*^ 1 / \ \ w \\ A \ * A V \ / r1 rt K i / 1 ll 1 1 I |_ \ / V j 1921 | 1 < f 5 £ ^ 1920 i \ 1922 1923 13 GflCON STRUCT! OIL. Construction costs in general averaged lower in November but were from 5 to 15 per vent Irlglaer tban a year ago, Contracts awarded for building construction in 2? Northeastern States declined in November but were well above the lettmgs a year ago, For the 11 months of 1923 ending November the leffings in floor space, totaling 543,784,000 square feeg were 2 per cent in excess of those in the same period of 1922, In point of value, contracts awarded during the 11-month period; calling for an expenditure of $3^226,202,000, registered an increase of 3 per cent over a year ago. Fire losses in the United States and Canada registered a decline in November both as respects the preceding month and November a year ago. CtTMULATIVECYcWUMB OF BUILDING CoNSTROCriO W 600 fBUILDlNG MATERIALS. Production of lumber declined seasonally in November; the output being above a year ago. Oorrespondinglys shipments of the various Important species of lumber declined during the month, Sfochs of southern pine lumber at the end of November were 12 per cent below a year ago whale for western pine the stocks on November 30 were 6 per cent above a year ago, Stocks and unfilled orders for all species of hardwoods increased over the preceding month. Exports of lumber increased in November, being 2? per cent above a year ago; while prices of lumber in general averaged lower during the monthProduction of oak flooring increased in November, while the output of maple flooring registered a slight decline from the preceding month. New orders booked and shipments of both classes of flooring declined^ while stocks and unfilled orders at the end of November registered advances over the preceding month. Production and shipments of refractory bricks declined from the preceding month and were below a year ago} while stocks continued to accumulate, New orders and urahlled orders for clay hre brick continued to decline, whim- stocks of flnisherd face lorick were greater on November 30 than at the and of the preceding month. Production shipments^ and unbilled orders for face brick declined. Production, shipments, new orders^ and unfilled orders for paving brick likewise declined ha November, the production of No. 1 and No. 2 brick in terms of per- VOLUME OF BUILDING CONTEAOTS AWARDED, BY OLASBRS. I9J9 centage to normal plant capacity being 72 in November as compared with 80 in October. The production and shipments of Portland cement declined seasonally in November but were well above thoir respective movoments a year ago. Stocks of cement increased, being 31 per cent in excess of those hold a year ago, while the wholesale price of cement averaged lower during tho month. Concrete paving contracts lot in November declined, but the awards were still well abovo a year ago. CEMENT PRODUCTION, STOCKS, AND SHIPMENTS. [Seasonal variations eliminated.] New orders, shipments, and unfilled orders for all classes of enamel ware declined in November, while stocks at the end of November reflected continued accumulation. The accompanying diagram gives a comparison, in index numbers, between new orders for baths and contracts for building construction. HIDES AND LEATHER. With the exception of cattle hides, imports of hides and skins declined in November, all classes averaging about 50 per cent below a year ago. Exports of sole leather increased, while the outward movement of upper leather declined in November. Boot and shoe production declined 10 per cent in. November, while exports increased 10 per cent over the preceding month. Wholesale prices of hides and leather averaged lower in November, while prices of boots and shoes showed no change from October. The following table shows the number of leather gloves and mittens cut in October and November as reported to the Department of Commerce by 232 identical establishments: LEATHER GLOVES AND MITTENS CUT (IN DOZEN PAIRS). NOVEMBER, Men's and boys'. M i i M | i COMPARISON OF NEW ORDERS FOR BATHS AND CONTRACTS AWARDED FOR N E W CONSTRUCTION. [1919 monthly average=100.) Dress and street gloves, etc.: Imported Domestic Work gloves, mittens, etc... 34,607 28,391 144,019 Women's and children's. 11,988 4,251 Men's and boys'. 23,354 25,569 130,515 men's and children's. 10,129 3,686 826 CHEMICALS AND OILS. ^Imports of potash and nitrate of soda declined in November. Exports of sulphuric acid and fertilizer increased, while exports of dyes and dyestuffs decreased from October. Prices of drugs and pharmaceuticals declined, while prices of essential oils increased. Receipts of turpentine and rosin at the principal southern ports declined in November, while stocks, although below a year ago, registered the customary seasonal increase. Exports of vegetable oils increased seasonally in November. Consumption of oleomargarine increased in November, exceeding by 22 per cent the consumption a year ago. Stocks of cottonseed at the end of November were below a year ago, while cottonseed-oil stocks were 20 per cent above a year ago. The price averaged lower than in October. Cottonseed-oil production in November was less than November, 1922. Receipts, shipments, and stocks of flaxseed at Minneapolis were considerably above a year ago, while these. movements in Duluth, except for receipts, registered declines from November, 1922. 15 CEREALS. Receipts and shipments of wheat at primary markets declined in November both from the preceding month and from November a year ago. Exports of wheat and wheat flour likewise declined from October and from a year ago. The visible supply of wheat in the United States and Canada east of the Rocky Mountains at the end of November was 46 per cent greater than a year ago. Prices of wheat and wheat flour declined in November. The following table shows the output of wheat flour reported by over 1,000 mills each month, which made about 84 per cent of the flour produced in 1921, according to the census of manufactures: WHEAT FLOUR PRODUCTION. Seasonal declines occurred in receipts and storage holdings of butter, cheese, and eggs, but all these movements were larger than a year ago. Butter prices increased over October, while cheese prices declined. Receipts and storage holdings of poultry were larger than either October, 1923, or November, 1922. TOBACCO. Consumption of tobacco products, as indicated by tax-paid withdrawals, declined from October and was also less than a year ago, except for cigarettes. Exports of leaf tobacco were larger than in October and also exceeded November, 1922, exports, while cigarettes were exported in smaller volume than in October but larger than a year ago. WATER TRANSPORTATION. SepOcto- NovemJuly. August. tember. ber. ber. Wheat ground thous. bushels.. 35,871 44,179 44,959 50,810 42,657 Flour produced thous. barrels.. 7,805 9,642 9,760 10,983 9,201 Grain offal produced thous. pounds.. 633,32* 772,774 796,325 908.310 766,260 Per cent of capacity operated. .per cent.. 48.0 62.0 62.1 54.7 58.6 Receipts and shipments of corn at the principal markets increased in November, but were below their respective movements a year ago. Exports of corn in November were only one-seventh as large as a year ago, while the visible supply at the end of November was 75 per cent below a year ago. Prices of corn declined sharply in November. Receipts of oats declined both from October and from November a year ago, while the visible supply at the end of November was 43 per cent below a year ago. Prices of oats averaged higher during the month, while exports of oats and oatmeal, although larger than in October, were only one-third as large as a year ago. Exports of barley and rye were also less than a year ago, while prices of these grains averaged lower in November than in the preceding month and in November, 1922. Receipts, shipments, and stocks of rice increased in November, but, except for receipts, were considerably telow a year ago* Exports of rice in November were 54 per cent less than a year ago. Inland water traffic in general made a seasonal decline from October. Compared with a year ago, cargo traffic on the Ohio and Mississippi Rivers and through the Sault Ste. Marie Canal increased, while on the New York State canals it declined. PANAMA CANAL TKAFFIC. MEATS AND DAIRY PRODUCTS. Receipts, shipments, and slaughter of cattle and sheep declined from October, 1923, and from November, 1922, while for hogs these movements registered substantial increases over October and over a year ago. Exports of pork and pork products exceeded the November, 1922, figures while for beef the November exports were less. Cold-storage holdings of pork at the end of November were 37 per cent greater than a year ago, while for beef and mutton the holdings on November 30 were less than a year ago. Prices of beef and pork in general registered declines in November. i I it i 1920 i i \\i\i I 1921 1.1 M i % 1922 I 1923 Entrances and clearances of vessels in foreign trade were 4ess than either. October, 1922, or November 16 1922. Compared with a year ago; however, tonnage of foroign vessels Increased, Freight rates to Europe increased inJNovomber and were also higher than a year ago. employed in the iron and steel industry accounted for the decline from October, Declines are also noted in the reports from Detroit and New York State. IMMIGRATION; EMIGRATION, AND IMMIGRATION QUOTA. RAILROADS, Surplus of ldlo freight cars increased from an average of 24;47? at the end of October to 153,057 at the end of November, while shortage of cars was reduced to 17336 per day, Bad-order cars increased to 6,8 per cent of the total in use, comparing with 11 per cent in bad order a year ago. Oar loadings declined j seasonally in November but were greater than a year ago. The principal increases ovega year ago occurred in loadings of merchandise, forest products and ore; while eoal loadings made the principal decline, SHORTAGE, SURPLUS, BAD-ORDER, AND TOTAL ROARINGS OR FREIGHT CARS, PISTRIBUTION MOVEMENT, Sales of mail-order horrses and 10-cent chains declined from October but increased over November, 1922, Sales of restaurant chains show similar comparisons. Magazine and nesvspaper advertising declined from the previous month but exceeded a year ago and postal receipts show the same trend, Internal-revenue taxes collected on firearms, jewelry and wafches; and capital-stoch transfers increased over the October collections; while theater admissions and security issues and conveyances declined. Compared with a year ago; all the above classes increased except firearms and capital-stock transfers. SALES OR MAIL-ORDER HOUSES AND CHAIN T E N - G E N T STORES. Both freight and passenger revenue of the railroads increased in October over the [corresponding month of 1922, Operating • expenses also increased and so did net operating income, equaling 4.78 per cent on the tentative valuation as against 4.46 in September and 4,05 a year ago. LAB OR. Factory employment declined from October but increased over November. 1922. The smaller number PUBLIC FINANCE. The Government debt was further reduced in November and stood about $1,000,000,000 less tlian k year ago. Customs receipts were larger than a year ago, but total ordinary receipts were less and expenditures were greater. 17 BANKING AND FINANCE. New York City debits and clearings exceeded October but outside New York there was a decline. Both increased over a year ago. A decline in discounts by the Federal Reserve banks was balanced by an increase in investments. Note circulation and reserves increased, while deposits declined. The reserve ratio stood at 76.4 as against 76.3 in October. Memberbank reports show declines in loans, investments, and deposits. Interest rates showed little change. Sales of life insurance declined from October in number of policies but increased as to amount of insurance, while total premium collections declined. Compared with a year ago, all these items increased. BILLS DISCOUNTED AND TOTAL INVESTMENTS RESERVE BANKS. OP FEDEHAL 28 / / 24 LOANS, DISCOUNTS, AND TOTAL INVESTMENTS RESERVE MEMBER BANKS. OP \ FEDERAL 20 X\ 0 16 \ 12 s * s .8 A A fcjt r /A \ \ B 3 f 0 TT ' 1931 MiTlM . |92S ' 1923 i I I i i i 1921 i •» 1923 1024 Si i o 5 1 DEBITS TO INDIVIDUAL ACCOUNTS AT PRINCIPAL CLEARING-HOUSE CENTERS. GROUPED BY FEDERAL RESERVE DISTRICTS. Index numbers relative to 1919 monthly 1923 UNITED STATES 141 clearing-house centers.. 1922 N E W YORK DISTRICT: Total. 12 centers Albany . . . Buffalo t Rochester NewYork PHILADELPHIA DISTRICT: Total, 10 centers Philadelphia Scranton^ Trenton ". . . . , December. December. 102.8 113.4 108.0 121.6 124.3 120.7 110.4 122.2 129.3 133.5 134.8 117.3 130.6 120.2 123.2 120.7 111.1 113.9 98.6 105.7 113.7 115.0 98.2 109.0 113.8 122.8 146.7 108.5 103.0 127.5 115.2 129.2 102.4 S T . L O U I S DISTRICT: 107.0 104.0 134 0 130.3 123.1 120.0 151.0 162.8 119.3 117.6 139.6 153.5 MINNEAPOLIS DISTRICT: 101.7 72.2 117.8 90.8 105.9 90.0 141.4 111.2 120.0 118.8 81.8 148.2 * 107.6 120.5 110.0 169.8 132.8 148.0 123.8 74.4 144.9 102.1 142.3 103.4 159.5 133.6 138.0 98.9 86.1 104.7 126.7 75.7 112.0 99.0 115.4 135.3 94.6 104.9 96.3 102.3 129.3 75.7 CLEVELAND DISTRICT: Total, 13 centers Akron Cincinnati Cleveland-. Pittsburgh. , I Toledo Dayton • RICHMOND DISTRICT: Total, 7 centers '. Baltimore Norfolk -. Richmond.. Charleston. .. . . .... November. Total. 15 centers Atlanta. Birmingham. New Orleans • ' - '. Nashville Augusta *.. . . - , - . ? 3 •- 106.9 117.1 178.0 111.5 108.3 76.3 105.4 121.3 120.3 200.0 136.5 135.4 82.8 97.3 106.6 109.8 176.3 114.1 116.6 80.6 86. & 1922 December. December. CHICAGO DISTRICT: Total, 21 centers Chicago Detroit. Indianapolis Des Moines Grand Rapids Sioux City Total, 5 centers Louisville St. Louis.. . . Memphis.. Little Rock Total, 9 centers Duluth Minneapolis St. Paul Helena.. Billings ' . . . . KANSAS CITY DISTRICT: Total, 14 centers Denver Kansas City, Mo Omaha St. Joseph, M o . . Oklahoma City Tulsa . . . . .... 104.4 100.4 124.6 109. G 111.8 86.8 81 3 112.7 115.2 112.6 132.8 119.9 117.7 89.2 94.6 125.4 108.8 105.3 124.0 129.4 113.1 91.6 88.0 112.7 113.3 97.4 106.2 132.4 208.4 123.8 107.0 118.5 139.7 205.6 118.7 106 4 114.6 127.2 183.3 100.7 104.4 98.3 104.3 81.8 88.9 100.3 77.8 99.7 113.6 90.9 88.9 107.9 98.9 104.5 119.1 127.3 122.2 85.5 109.6 85.2 67.4 69.4 114.7 75.5 S8.0 111.6 So. 5 70.1 69.4 108.9 94.7 95.9 114.4 S4.5 81.8 S3.5 12G.5 120.2 112.1 134.8 98.5 SO. 4 119.2 141.0 102.2 93.5 116.3 123.6 94.9 131.5 ' 128.9 230.3 90.1 103.3 84.9 139.0 251.6 93.9 110.0 91.3 220.6 125.5 201.3 80.1 100.7 81.5 195.2 DALLAS DISTRICT: Total, 11 centers Dallas Houston Fort Worth SAN FRANCISCO DISTRICT: ATLANTA DISTRICT: 78404—24 1928 November. BOSTON DISTRICT: Total, 11 centers Boston Hartford Providence New Haven.. average. Total, 18 centers Portland, Oreg San Francisco Seattle. Oakland, Calif . 18 INTEREST RATES AND BOND PIUCES. NTOBBR or BUSINESS FAiruHEs ANX> AMOUNT or LIABILITIES, II T Business failures increased in number over October but declined in amount of liabilities. Compared with a year ago; how6ver; the number of failures was less but liabilities greater, Corporate issues increased over October but State and municipal bond issues de- dined. Stock sate were greater than in October witjh prices haglrcr; while bond sales also increased, i i \ f l % i i i $ NUMBER OF BUSINESS FAILURES BY GEOGRAPHICAL DISTRIBULION, 19 FOREIGN EXCHANGE AND TRADE. Foreign-exchange rates in general averaged lower in November, 13 important currencies figuring in the decline. The general index of foreign exchange at 61 for November may be compared with 63 for October and 67 for a year ago. Total imports into the United States aggregated $292,000,000, while exports totaled $404,000,000. EXPORTS FROM THE UNITED STATES AND THE UNITED KINGDOM. a Jil JL 300 2 Z 300 \ \r r \ a z A. A, \ / 13 AV /; V IRAQ mobile production figures are estimates by the Cleveland Trust Co., based on actual figures of shipments, while beginning in July, 1921, the automobile production figures are from actual reports to the Department of Commerce, Bureau of the Census. , The inclusion of these figures through 1920 has made it possible to discontinue the two index numbers previously published—one for identical commodities and one for all commodities—as the few commodities for which no 1920 figures are now available do not affect the total in any considerable degree. As a matter of comparison, however, an index without these commodities is given here in addition to the regular index, but it will not be continued. The complete index now contains 65 commodities. The following table shows the weighting of the various industries for the revised index number of manufacturing being approximately the value added in manufacturing, according to the census of manufactures for 1919, in ten millions of dollars: • WEIGHTING FACTORS, MANUFACTURING INDUSTRY. 1830 t i 1821 1832 REVISED INDEX OF MANUFACTURING PRODUCTION. Owing to the discontinuance of many of the statistics on the paper industry and the addition of several new series, the index of manufacturing production, which the Department of Commerce has been compiling each month, is being revised. In general the same series are used as in the original compilation, which was explained in detail in the January, 1923, issue (No. 17) of the SURVEY OF CURRENT BUSINESS. The changes are as follows: In the paper group, the only item now available on a comparable base is the output of newsprint paper, collected by the Federal Trade Commission up to May, 1923, and since then by the Newsprint Service Bureau, covering practically the entire industry. In the chemical group, the output of methanol (wood alcohol) is given from the compilations of the Department of Commerce, Bureau of the Census, covering practically the entire industry. The 1919 figures are taken from the census of manufactures. In the miscellaneous group, shipments of prepared roofing have been added. These figures are compiled by the Prepared Roofing Manufacturers Association, and cover the entire industry as computed from reports from 60 to 90 per cent of the industry. Monthly figures are now available for cement and automobiles for 1920 and 1921, the cement figures for 1920 being compiled by the Portland Cement Association, while subsequent figures are from the Geological Survey. For 1920 and the first half of 1921 the auto Meats. Wheat flour.. Sugar Ice cream Butter Cheese Condensed milk Glucose and starch Rice . . . Oleomargarine Total foodstuffs Cotton Wool Total textiles Pig iron Steel ingots Locomotives Total iron and steel Lumber Flooring Total lumber Sole leather Hoots and shoos.. Weight. 23 13 3 4 3 1 3 3 1 1 55 44 24 68 9 57 4 70 46 10 56 14 22 Total leather 36 Total paper 2 PRODUCTION. INDUSTBT. Weight. 5 19 4 2 1 Coke. „ Petroleum refining Cottonseed oil.. „." Turpentine and rosin Wood distillation 31 Total chemicals, etc • 7 8 5 Brick Glass bottles Cement Total stone, clay, and glass 20 • Copper .. Zinc Enamelware.. * Lead •'• — 3 2 4 1 Total metals, except Iron 10 Manufactured tobacco and snuff .. Cigars Cigarettes Total tobacco 5 11 10 26 Shipbuilding Aufomobiles Rubber tires Prepared roofing 41 40 27 3 Total miscellaneous.., Grand total 111 485 The table presented on the following pages gives in detail the index numbers of manufacturing production, according to the revised index, each month from January, 1920, through November, 1923, by separate industries and by groups. The index of identical commodities, formed by deducting from the total the indexes for boots and shoes, lead and rubber tires, for which figures are not available throughout the period, shows very small differences from the total, the maximum differences of 4 points, or about 3. per cent, occurring in March and May of 1923, when production was at its peak. The total index has wider fluctuations, due largely to the inclusion of rubber tires. 20 REVISED INDEX OF MANUFACTURING PRODUCTION. [Monthly average production for 1919 taken as 100.] FOODSTUFFS. Con- Glulensct cose Cheese, densed and milk. starch YEAR AND MONTH. HUU monthly 1920 monthly 1021 monthly 1922 monthly av.... av uv av Oleoniargarfne. Rice. LUMBER. TEXTILES. IRON AND STEEL. Cot- Wool. ton Steel LocoFloorPig mo- Lumber. Ing. iron* ingots. tives. i 1OO 76 71 1OO 93 90 103 100 1OO 91 157 131 1OO 91 103 1OO 83 96 118 1OO 119 54 1OO 121 57 1OO 100 58 50 50 48 1OO 100 85 110 100 105 103 171 6-1 78 8) 43 47 61 77 85 81 90 92 135 108 130 72 120 106 122 104 150 50 85 111 120 105 117 115 126 110 117 116 118 117 133 108 126 121 140 112 88 57 47 96 99 112 114 117 113 133 134 145 199 223 198. 120 159 153 125 122 169 138 107 111 121 103 81 102 118 120 111 117 80 80 56 61 35 ' 40 110 113 107 100 81 65 65 117 119 120 124 122 126 119 127 84 78 80 105 108 110 99 107 120 119 101 97 78 55 69 51 145 89 49 4a 107 90 74 72 92 80 53 41 71 36 20 21 76 68 42 38 102 102 99 84 100 158 147 97 81 67 60 62 67 49 42 123 129 115 106 127 128 112 99 90 135 124 127 103 98 85 64 91 91 80 64 SI 64 82 85 40 81 133 107 44 46 75 97 81 78 94 111 47 51 70 93 24 34 58 86 58 68 74 66 77 70 76 64 183 198 170 170 83 52 67 86 94 95 76 63 47 90 71 64 52 99 79 72 83 59 70 84 85 48 51 82 8S OS So S4 76 73 97 120 115 92 95 12S 148 203 244 175 165 181 155 154 136 143 105 106 113 111 81 89 87 85 78 107 29 36 56 232 129 137 149 94 83 95 105 102 92 105 48 42 34 37 49 41 33 46 34 36 26 43 94 93 87 93 104 113 103 120 September. October November. December.. 81 89 93 95 120 126 92 80 81 85 S3 78 142 07 4S 41 124 114 95 96 92 81 51 45 73 74 58 55 113 121 114 111 54 69 61 60 123 143 122 124 100 107 104 108 116 116 107 39 49 56 65 48 66 68 58 34 13 40 91 93 85 111 135 140 145 102 January February March April 103 $9 94 84 66 S3 87 71 90 12S 165 164 41 49 66 97 91 107 120 47 51 6S 55 52 62 75 96 110 124 78 63 141 167 196. 107 96 105 90 114 117 131 93 65 64 80 81 67 74 100 103 33 20 18 90 89 100 102 150 132 147 149 May Juno July August.. 103 110 94 93 73 73 93 111 178 164 163 166 lf>S 216 222 200 183 207 179 150 123 143 119 105 100 75 67 87 98 98 104 45 40 40 42 79 46 44 85 100 103 93 107 114 114 102 125 91 93 94 71 115 111 105 94 31 51 57 63 121 128 116 125 162 176 171 202 September. October.... November. December.. 91 99 112 123 113 123 121 100 96 86 95 70 150 87 61 48 121 113 93 91 99 70 59 58 65 50 53 113 124 118 84 46 58 62 129 233 210 154 100 108 117 107 119 129 138 127 80 104 112 121 100 122 122 118 53 65 71 94 119 119, 114 94 181 198 197 184 i January February i March 1 April 12S 107 120 110 91 85 96 81 77 105 157 150 49 46 71 103 104 97 113 119 54 55 72 82 63 62 73 96 102 90 110 97 61 67 61 166 92 107 116 124 115 127 117 138 126 135 123 127 118 138 139 136 123 144 141 103 93 127 97 108 98 124 122 207 178 221 209 ! May June i July August 113 112 107 106 SI 75 94 10S 146 122 SO 97 Ifi3 241 1260 164 194 WS0 1150 112 141 1140 U30 109 122 190 180 112 98 75 100 56 46 43 54 92 57 57 67 126 110 94 100 130 114 101 105 152 144 144 135 149 134 125 131 107 104 107 122 133 132 122 135 232 223 203 22? 113 104 S3 IIS S9 61 U23 U15 » 100 1103 1117 UOO 170 175 103 119 103 ISO 190 101 158 202 101 113 109 123 124 114 115 118 126 111 101 150 139 134 148 125 131 119 194 206 211 January February March April 131 88 100 81 117 S6 78 67 75 106 133 135 42 47 68 90 May.... Juno July.... August. 95 97 82 75 74 67 74 82 12S 142 147 126 September. October November. December.. 76 82 96 87 90 89 79 January February March April 109 94 S9 85 May Juno July.... August.. September. October November. December.. 96 118 119 1220 U75 165 T i Estimated usually on basis of receipts. 46 74 80 110 10S 94 2 Partly estimated. 21 REVISED INDEX OF MANUFACTURING PRODUCTION. [Monthly average production for 1919 taken as 100.] LEATHER. Y E A R AND M O N T H . PAPER. Sole Boots leath- a n d Newser. shoes. print. 1919 monthly a v . 1920 monthly a v . 1921 monthly a v . 1922 monthly a v . 100 82 79 78 1920. January February March April STONE, CLAY, AND G L A S S . CHEMICALS, E T C . Petroleum Coke* products. Cottonseed oil. METALSexcept iron a n d steel. ManuTurfacturpen- Wood Glass CeEnC o p tine distil- Brick. b o t - ment. per. Zlnc. amel Lead. ed to- Clears. Cigabacco rettes. and lation, tles. I ware. and rosin. snufl. 100 110 106 100 117 58 SO 100 116 119 137 100 80 89 65 100 132 131 155 100 86 43 75 100 110 GG 94 100 104 69 77 100 124 122 142 100 99 48 64 100 105 47 81 91 82 94 "85 113 100 112 112 132 117 134 109 100 96 108 103 158 102 82 42 74 42 21 50 95 90 124 108 124 116 100 10G 113 107 94 91 105 116 103 105 103 92 May.... Juno July.... August. 91 95 81 71 113 114 113 113 115 115 114 120 110 112 117 127 23 9 4 4 134 187 225 205 87 87 92 97 113 116 108 107 110 101 81 78 132 132 127 141 no September. October November.. December.. 73 78 70 72 106 109 107 109 119 118 111 103 128 130 128 132 164 188 148 190 162 153 139 85 79 78 68 103 107 101 92 102 124 123 106 141 154 141 113 1931. January February March April...:.... 64 63 72 76 108 90 94 101 93 75 64 50 129 110 115 120 143 137 125 66 63 43 42 59 59 35 75 60 64 53 100 87 68 68 61 65 101 129 May.... June.... July.... August. 83 81 76 77 82 54 45 40 44 120 119 116 116 40 28 20 25 131 174 191 187 29 28 42 21 59 66 61 76 60 54 48 50 September.. October November.. December.. 80 86 91 93 85 87 91 94 47 58 61 65 110 125 121 127 77 155 154 110 171 147 169 185 38 52 60 64 75 75 70 1923. January February March April 78 79 71 91 89 106 97 92 85 103 65 64 78 75 126 113 128 124 87 76 61 20 51 57 65 64 75 59 May.... June July.... August. 70 72 75 95 90 82 100 114 111 114 116 81 83 80 63 138 137 147 144 11 6 6 12 177 192 192 206 September.. October November.. December.. 80 S3 79 76 103 110 109 101 110 114 112 104 77 100 83 117 141 145 145 152 150 154 118 1923. January February March April SS 77 91 90 111 110 130 116 111 100 113 102 124 117 136 135 155 140 153 152 122 84 52 34 ay June July.. August 87 88 92 112 102 92 109 121 117 110 116 140 134 131 129 154 153 160 157 75 79 72 100 111 97 96 107 105 122 119 110 157 163 162 September.. October November.. December.. 100 TOBACCO. 100 119 122 1S3 100 94 91 99 100 112 96 98 100 84 96 101 114 115 126 119 100 98 127 93 105 99 119 107 108 101 123 113 102 80 99 85 119 107 105 100 105 120 141 136 109 105 97 99 115 120 115 114 92 69 81 96 92 87 74 130 137 134 107 100 85 57 50 115 120 113 86 SO S7 SO 64 88 82 78 61 68 47 41 43 86 102 118 121 104 93 87 79 77 85 100 79 84 95 93 139 139 143 153 28 23 35 32 47 51 41 38 113 121 126 139 83 85 86 93 98 91 104 94 105 96 106 50 70 86 150 157 133 33 40 35 35 38 3S 55 58 142 170 129 103 92 105 101 120 106 87 71 104 10S 104 79 108 110 96 56 58 85 83 81 67 79 64 64 100 138 23 30 46 61 62 123 114 113 108 97 92 108 67 137 142 179 201 75 76 90 85 84 71 82 78 61 64 67 67 104 109 101 82 84 73 78 167 168 173 174 72 73 78 72 75 83 82 214 209 173 190 108 108 107 117 101 103 100 117 07 104 99 109 104 120 119 144 84 105 116 103 117 103 102 79 73 77 73 171 183 169 129 75 78 85 SO 87 104 105 112 185 188 186 197 116 132 13S 132 105 101 96 75 106 118 115 95 126 102 102 80 102 67 67 114 118 96 101 94 111 94 97 93 SO 82 79 90 115 121 14S 170 84 76 91 91 121 111 127 123 212 190 226 199 137 126 150 143 105 92 103 96 95 86 90 121 104 114 106 17 9 8 12 205 230 245 267 105 96 86 100 94 97 92 86 79 81 193 185 188 194 97 93 95 107 124 112 113 109 215 200 197 232 151 156 147 142 103 101 95 102 100 100 105 126 132 132 132 59 162 117 219 213 107 75 86 101 80 90 78 85 86 196 200 188 98 103 102 110 116 212 275 223 135 135 130 103 95 102 121 91 126 142 147 188 156 186 126 90 95 87 90 94 i i i ! 101 86 93 95 94 116 22 REVISED INDEX OF MANUFACTURING PRODUCTION. [Monthly average production for 1919 taken as 100.] GROUPS. MISCELLANEOUS. Y E A R AND M O N T H . 1919 monthly 1920 monthly 1921 monthly 1922 monthly av. av. av. av. Shipbuilding. PreAuto- Rub- pared ber moroofbiles. tires. ing. 100 Foodstuffs. Textiles. 100 114 105 122 100 91 93 101 100 100 67 33 8 100 112 85 131 1930. January February March April , 72 75 79 71 118 137 163 159 111 109 138 91 May June July August 52 75 61 73 149 128 121 121 119 131 116 143 September.... October November.... Decomber 74 64 60 50 100 65 47 1923. January February..... March April 61 34 44 34 29 46 87 118 May June July August 37 49 26 September October November December Stone, Metals, Iron Lum- [LeathC h e m - clay, except Paper, icals, and er. and ber. etc. glass. steel. steel, j £3 | 100 101 108 100 119 56 95 111 84 94 82 122 107 117 115 98 106 101 94 100 100 110 identical Total comIndex. m odities. Miscellaneous. I! 100 111 81 99 100 109 82 121 100 9S 95 99 100 89 65 85 100 99 80 101 100 100 80 99 121 79 90 106 100 112 104 118 122 117 133 108 100 102 116 118 94 85 113 100 112 112 110 .96 103 92 107 103 115 112 104 104 119 105 93 115 101 95 106 121 114 109 102 115 106 109 102 115 106 106 101 92 87 119 123 117 125 110 111 100 105 91 95 81 71 113 114 113 113 101 103 103 114 117 114 102 104 110 119 116 114 104 107 94 9S 101 102 92 99 106 108 100 102 106 108 100 102 144 120 79 58 82 76 61 54 124 128 113 102 101 97 84 64 73 78 70 72 106 109 • 107 109 117 133 133 12S 112 126 120 103 108 111 110 94 99 100 90 70 89 66 49 37 98 95 82 71 95 85 74 73 75 103 106 67 75 91 72 64 53 57 67 56 80 63 72 76 108 90 94 101 119 102 102 96 81 72 75 78 85 84 88 83 S2 SS 93 43 40 64 77 71 68 78 SO 73 70 SO SO 119 100 107 110 95 97 110 142 105 102 87 114 48 41 32 45 97 90 81 76 86 69 77 82 89 97 96 94 94 79 79 76 85 71 75 77 82 93 100 94 109 S3 81 77 87 84 84 78 88 S3 S3 76 84 30 14 20 .17 96 90 71 4S 90 91 82 84 144 153 101 94 102 106 110 105 47 62 63 58 92 101 96 80 86 88 90 91 94 101 116 116 116 83 98 83 76 105 108 9S 73 72 64 56 1922. January February March... April SO 93 94 84 S3 87 84 78 82 87 84 77 15 11 2 10 55 74 105 134 124 112 94 83 114 127 95 87 109 103 115 91 65 70 93 95 101 97 109 110 90 85 96 87 92 85 103 98 107 95 105 May June July August 82 97 87 89 111 123 83 77 90 S3 52 53 72 82 81 79 94 92 SO 78 91 91 6 5 10 3 156 176 150 167 135 184 131 157 128 136 133 163 107 114 109 110 105 107 96 113 107 106 101 128 136 126 139 85 83 79 114 111 114 116 September October November December 113 112 119 115 111 114 10S 109 131 131 119 128 95 114 93 104 105 112 103 110 104 109 102 107 5 10 S 12 126 145 144 139 130 143 133 134 142 137 115 94 100 111 107 124 102 105 105 101 107 116 124 114 95 116 118 117 130 133 129 110 94 99 97 91 110 114 112 104 110 116 109 97 125 133 135 139 113 10S 107 85 83 95 90 90 103 112 111 106 no 1923. January February March April 124 137 137 148 7 11 148 168 216 232 159 159 193 178 92 94 140 135 103 92 107 103 129 119 130 119 133 121 145 138 125 112 141 137 102 97 115 105 May June July August 111 100 113 102 142 123 130 130 4 15 3 7 239 230 199 209 100 96 102 III 148 134 158 146 107 94 105 98 221 149 99 114 9G 104 131 135 115 108 123 124 137 120 110 124 112 116 »113 1 127 112 96 102 147 133 127 131 150 148 136 150 103 96 90 102 121 117 110 116 136 134 139 139 199 222 190 154 146 154 161 109 113 111 115 129 124 2 115 2 120 112 107 148 145 124 3 104 *107 *106 145 12S 100 109 133 124 * 113 6 5 2 119 114 113 113 99 111 10S 120 127 113 137 145 136 90 99 87 107 105 140 157 142 111 116 *1C9 148 176 157 110 125 113 102 113 *112 > 121 •111 9 113 *123 * 112 September October November December , 83 131 31 20 31 87 104 103 108 85 101 110 104 113 105 . 124 121 23 DECEMBER DATA. The following table gives such December data as have been received to and including January 14,1924* 1923 ITEMS. November. 1933 December. December. TEXTILES. thous.oflbs. thous. of lbs. thous. of lbs. bales. bales. bales. bales. bales. bales. _ thousands . .bales. bales. 11,676 8,202 3,474 20,463 15,511 4,952 42,643 7,855 34,788 226,125 16,564 770,002 531,631 ,438,813 ,770,542 34,101 404,786 35,601 845,581 461,560 ,623 453 ,526,164 34,0-15 811,650 68,547 607,853 529,342 917,231 069,470 34,976 25,225 35,398 23,274 40,959 31,042 49^174 2,894 3,114 2,921 2,844 3,087 3,300 4,369 4,445 6,746 IRON AND STEEL. Pig iron, production thous. of long tons.. Steel ingots, production thous. of long tons.. Unfilled orders, XJ. S. Steel Corp., end of month thous. of long tons., Wholesale price, composite finished steel dolls, per 100 lbs.. Wholesale price: Composite pig iron dolls, per ton., Iron and steel dolls, per ton.. Composite steel dolls, per 100 lbs.. Locomotives: ShipmentsTotal number. Domestic -. number. Foreign number. Unfilled ordersTotal number. Domestic number. Foreign number. Freight cars, orders, domestic number. , 2.78 -2.78 2.44 22.49 42.81 3.02 22.80 43.03 3.02 26.73 40.53 2.57 299 270 . 29 329 305 24 210 194 16 691 656 35 5,050 387 365 10,600 1,592 1,498 94 23,255 1,103 2,942 1,063 2,999 1,233 3,063 13,644 12,325 29,418 18J038 17,328 16,646 long tons. 6,785 • 4,810 4,870 long tons. long tons. 19,520 1,072 24,930 3,704 thous.oflbs, thous. of lbs 7,745 10,729 21,011 1,652 10,727 9)285 carload. number of machines number of machines 38,133 32,859 6 413 34,984 27,608 4,000 26,900 27,500 1,300 125 217 106 218 111 192 22,350 44,251 28,207 33,265 19,219 41,717 5,163 7,156 6,92£ 5,736 4,329 6)121 43.52 31.38 43.51 31.58 45.54 34.36 26,586 39,221 27,896 50,318 24,835 44,774 106,088 316,820 119,01 346,22C 111,108 349,91* FUELS. thous. of tons. thous. of tons. NONFERROUS METALS. Zinc: Receipts at St. Louis Shipments from St. Louis... Tin: Consumption StocksWorld visible United States Lead: Receipts at St. Louis Shipments from St. Louis Shipments: thous. of lbs. . thous. of lbs. 13,805 6,382 AUTOMOBILES. By railroad Driveways By boat BUILDING AND CONSTRUCTION. Construction: Volume index number. Cost (1st of following mo.) index number. Northern pine: LumberProduction Mft.b.m. Shipments Mft.b.m. LathProduction ..........Mft.b.m. Shipments Mft.b.m. Composite lumber prices (1st of following mo.)— Hardwoods dolls, per M f t . b . m . Softwoods dolls, per M ft, b . m, TurpentineNet receipts barrels.. _ Stocks barrels, RosinNet receipts -.barrels. Stocks barrels, CHEMICALS AND DRUGS. Wholesale prices: Drugs and Pharmaceuticals Essential oils Crude drugs ber. FOODSTUFFS. Wool receipts at Boston: Total Domestic Foreign Cotton: Stocks (world visible) Imports Exports Consumption Stocks at mills Stocks at warehouses Active spindles Silk: Consumption Stocks Coke production: Beehive By-product ITEMS. index number, index number, index number. 155 139 206 141 144 171 137 123 204 thous. of bush.. 5,576 5,668 4,557 thous. of bush.. thous. of bush.. thous. of bush.. 3T,192 23,199 18,298 28,404 36,658 20,134 45,331 37 466 20,955 thous. of bush.. thous. of bush.. 17,612 10,269 16,515 18,521 24,280 13,991 thous. of bush.. thous. of bush. thous. of bush. 185,549 3,274 18,686 198,746 7,035 19,940 136,893 18,236 32,391 thous. of bush. thous. of bush. thous. of bush. tons. 2,960 3,200 800 90,646 4,070 2,000 220 76,458 3,330 4,000 2,400 86j132 thous. of bbls. thous. of lbs. thous. of lbs. 1,912 123,610 173,453 966 81,965 201,053 1,272 94,032 232,594 long tons. long tons. 288,031 58,189 199,642, 57,929 long tons. long tons. long tons. 9,920 83,151 31,246 Factory employment, U. S. (1,428 firms).thousands. 2,016 1,986 1,877 number. number, 28.6 25.1 27.8 25. 27.1 24*4 number. number. number, 53,962 80,756 153,057 129,963 149,409 312,33F 5,062 3,651 14 981 number. number. number. 319 605 1,336 1! 21 122 36,525 82,927 cars cars cars : . . . cars cars cars cars 976,615 49,890 39,969 176,233 72,298 35 697 592,314 826,845 45,53f 35,77; 161,OS 58, S3! 10,50 504 07 838,948 50,721 33,669 1S8,255 56,979 9,522 48,882 price index number . price index number, 158 153 146 149* Comgrindings Grain movement: Receipts— Wheat Corn Oats ShipmentsWheat Corn Visible supplyWheat Corn Oats Argentine grain: Visible supplyWheat Cora Flaxseed Hay, receipts Rice: Receipts at mills Shipments from mills Stocks, domestic Sugar, raw: Meltings Stocks at refineries Sugar, Cuban movement: Receipts, Cuban ports Exports Stocks, end of month m 227,333 44,828 - 25,876 87,489 3,714 191 760 22 162 45,349 LABOR. TRANSPORTATION. Index of ocean freight rates: United States Atlantic to United Kingdom weighted index All Europe weighted index Freight-car movement: Surplus— Box cars Coal cars Total Shortage— Box cars Coal cars Total Car loadings (weekly averagesTotal Grain and grain products Livestock Coal Forest products Ore Merchandise and miscellaneous PRICE INDEX NUMBERS. Dun's (1st of following mo.) Bradstreet's (1st of following mo.) DISTRIBUTION. Mail-order houses, total sales thous. of dolls, Sears, Roebuck & Co thous. of dolls, Montgomery Ward & Co thous. of dolls Ten-cent stores, total sales thous. of dolls F. W. Woolworth Co thous. of dolls S. S. Kxesge Co thous. of dolls S. H, Kress Co thous. of dolls McCrory Stores Corp thous> of dolls Restaurant sales: Childs Co thous. of dolls, American Whol. Corp., total sales.. .thous. of dolls U. S. foreign trade: Imports thous. of dolls Exports thous. of dolls 34,528 20,416 14,112 29,387 17,283 7508 2 769 1,827 35,860 15,063 55,150 32,626 13,070 5957 3,579 32,379 20,756 11,623 46,415 27,455 10,515 5,477 2,968 1,918 2,879 2,079 1,703 1,946 l|856 308,366 400,824 285,000 425,000 293,789 344,328 21,780 22,055 46,565 190)844 21,641 " 21,914 40,946 576,317 22,483 22,995 37,502 466,273 256,287 400,939 340,176 20797 PUBLIC ITNANCE. U. S. interest-bearing debt. mills, of dolls Gross debt mills, of dollr Customs receipts thous. of doll; Ordinary receipts thous. of dolls Total expenditures chargeable against ordinary receipts thous. of dolls 24 DECEMBER DATA—Continued. 1923 ITEMS. Decem. ber November. 1923 ITEMS. December. BANKING AND FINANCE. 19,983 18,521 22,081 20,367 20,851 19,658 18,018 15,118 19,495 15,897 18,899 14,826 441 I 373 794 2,246 3,197 1,939 70.4 857 2,340 i 3,138 i 1,938 733 7Oi 630 2,464 3,149 1,900 72.1 11,904 4,164 11,102 11,934 4,555 11,034 f 11,329 4,823 11,255 4.80 5.10 4.59 ! 4.97 I 4.73 4.63 I 217 6,548 73j197 974 6,268 67,903 1,815 11,416 130,737 345 1,202 3,198 440 1,390 2,249 4,759 2,303 11,777 1,704 50,292 1,837 51,615 1,814 52,069 162,271 65,869 228,140 22,573 167,750 68,221 237971 24,979 177,670 106,317 283 987 19,692 105.44 58.30 108.88 58.25 109.08 61.71 29,858 1,307 32,641 712 26,440 2,710 .641 32.238 6,928 7,523 .650 31.786 8,172 9,521 .638 31.383 7,848 6,913 4.38 .055 .044 .047 .380 .263 .176 4,36 .053 .043 .046 .380 .283 .175 4.61 .072 .050 .066 .398 .269 23.65 20.88 40.00 2.50 .128 .067 .444 23.76 21.00 40.00 2.50 .129 .066 .471 .076 27.40 24.81 36.50 T2.00 .141 .074 .377 .073 3.89 11.48 3.81 1.050 3.39 11.48 4.00 1.015 5.89 10.64 7.00 1.250 dolls.perlb. .204 .203 .223 dolls, per M ft. b. m . dolls, per M ft, b . m . 42.27 18.500 42.21 17.500 49.69 21.500 dolls, per thous. 18.00 19.00 17.48 dolls, per bbl., 1.67 1.65 1.73 .141 .148 .455 .440 .136 .150 .425 .440 .204 .160 .525 .450 6.25 4.85 6.25 4.85 6.35 4.85 4.25 .75 4.25 .75 4.25 .70 .118 .110 .097 1.112 1.274 1.325 December. mills, of dolls.. Fuel. Coal: Bituminous, Kanawha, f. 0. b., Cincinnati dolls, per short ton. Anthracite, chestnut dolls, per long ton. Coke, Connellsville dolls, per short ton. Petroleum, Kansas-Oklahoma dolls, per bbl. Rubber. .484 .309 .470 .310 .981 .712 .088 .111 61 .976 .723 .093 -107 60 1,851 1,518 Lumber. Southern pine, " B " and better Douglas fir, No. 1 common Brick. Common red, N. Y Cement. Portland Leather. rreen salted packer's heavy native steers dolls.perlb.. Calfskin, country No. 1 .-dolls.perlb.. Sole, oak, scoured backs, Boston dolls, per l b . . Chrome calf," B " grade, Boston dolls, per sq. ft.. Boots and shoes: Men's black calf blucher dolls, per pair.. Men's dress welt, tan call, S t. Louis, dolls- per pair.. Women's black kid, Goodyear, St. Louis dolls, per pair., Sulphuric acid, 66* N. Y dolls, per 100 lbs.. Foodstuffs CANADIAN COMMERCE. WHOLESALE PRICES. .964 1.650 1.035 3.690 Cottonseed oil, New York dolls, per l b . . Wheat: No. 1 northern, Chicago dolls, per b u . . No. 2 red winter, Chicago dolls, per b u . . Flour, standard patents, Minneapolis dolls, per b b l . . Flour, winter straights, Kansas City dolls, per bbl., .306 Other grains: Corn, contract grades No. 2,Chicago.dolls.per bu.. Oats, contract grades, Chicago dolls, per bu,. .991 Barley, fair to good malting,Chicago..dolls, per bu.. .856 Rye, No. 2, Chicago. dolls, per bu., .119 .124 Cattle and beef: Cattle, corn fed.. dolls.per 100lbs.. 70 Beef, fresh native steers dolls, per 100 lbs. Beef, steer rounds No. 2 dolls, per 100 lbs. Hogs and pork: Hogs, heavy, Chicago *. *. .dolls, per 100 lbs. 1,500 Pork, smoked hams, Cbicago dolls, per 100 lbs. Sheep and mutton: Sheep, ewes, Chicago dolls, per 100 lbs. Sheep, lambs, Chicago dolls, per 100 lbs. Sugar: .945 Wholesale, 96* centrifugal, N. Y dolls, per l b . Refined, N . Y dolls.perlb. 1.650 .950 3.420 Tobacco. ...dolls.per y d . . dolls, per y d . . dolls, per y d . . dolls.peryd.. .946 1.650 1.035 3.690 dolls.perlb.. dolls, p e r l b . . dolls.peryd.. ...dolls.per yd.< .350 .540 .079 .128 .358 I .564; .081 ! .257 .460 .077 .120 dolls, per l b . . 7.84( 7.742 I 8.232 Burley, good leaf, dark red, Louisville 1 For detailed index numbers for this movement at the principal clearing-house centers see table on p . 17. December. Metals. Pig iron: Foundry No. 2, northern..... .dolls, per long ton. Basic Valley, furnace dolls, per long ton. Steel billets, Bessemer dolts. per long ton. Structural steel beams dolls, per 100 lbs. Copper, electrolytic dolls, per lb. Zinc, slab, prime Western dolls, per l b . Tin, pig JTT dolls.perlb. Lead, desilverized dolls, per lb. Para.N. Y FOBEIGN EXCHANGE. Europe: ! England dolls.per £ sterling..! France dolls. p er franc.. I Italy dolls, per lira..i Belgium dolls, per franc. J Netherlands dolls, per guilder.. Sweden dolls, per krona.. Switzerland dolls, per franc. J Asia: Japan dolls, per yen.., India dolls, per rupee..! America: ' 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..j Textiles. Wool: Ohio i to I grades Worsted yarn Wool dress goods Men's suitings Cotton: Raw,N.Y Yarn Print cloth Sheeting Silk: Raw, Japanese, N. Y November. WHOLESALE PRICES—continued. Debits to individual accounts: i In Now York City mills, of dolls.. Outside of Now York City mills, of dolls.. Bank clearings: Now York City mills, of dolls..! Outside New York City mills, of dohs..| Federal reserve banks: I Total investments mills, of dolls. .| Bills discounted mills, of dolls. J Notes in circulation mills, of dolls..) Total reserves mi Us. of dolls.. | Total deposits .mills. of dolls.. Reserve ratio per cent.. Member banks: Total loans and discounts mills, of dolls..! Total investments mills, of dolls .' Net demand deposits mills, of dolls . I Interest rates: Now York call loans percent..' Commercial pa per, 00-90 days percent .! War Finance Corporation: To banks and livestock associations— i Advancements thous. of dolls.. i Repayments thous. of dolls.. Balance thous. of dolls.. To cooperative markoting associationsAdvancements thous. of dolls . Repayments thous. of dolls.. Balance thous. of dolls ' Business failures: Firms number Liabilities thous. of dolls.. Bond sales: Miscellaneous thous, of dolls Liberty Victory thous. of dolls. ] Total thous. of dolls*. o Stock sales thous. of shares.. Stock prices: I 25 Industrials dolls, per share i 25 railroads dolls, per share* Gold: Imports thous. of dolls.. Exports thous. of dolls.. ; Silver: i Price at New York dolls.per fine oz..I Price at London pence per standard oz. i Imports thous. of dolls..] Exports thous. of dolls.. Bank clearings 1923 dolls, per 100 lbs. 1.092 1.061 6.038 5.213 1.083 6.100 6.775 5.860 .842 .442 .656 .708 5.130 .730 .449 .685 .701 .734 .459 .689 .890 9.844 17.50 13.60 9.785 17.30 13.50 10.581 15.50 13.90 7.131 20.90 7.050 20.50 8.256 20.60 5.656 12.275 6.440 12.500 6.219 14.869 .073 .087 .073 .088 .057 .069 28.00 28.00 27,50 25 INDEXES OF BUSINESS. The index numbers presented in this table are designed to show the trend in production, prices, trade} etc!, in various groups of industry and commerce. They consist in general of weighted combinations of series of individual index numbers, and often the individual index numbers making up the series are also given. The base year of all the index numbers is 1919, except prices which are on a 1913 base, and unfilled orders, on a, 1920 base. The function of index numbers is explained on the inside front cover. A condensed form of thig| table is given on page 7. ! EXPLANATION. Maximum Minimum All index numbers are relative to 1919 as 100, except since Jan. since Jan. prices, which are relative to 1913, and unfilled 1,1920. 1,1920. orders, which are relative to 1920. 1923 October. 1923 November August. September. October. Per cent increase (+)or decrease (—), November. Nov.fromOct. PRODUCTION. RAW MATERIALS, MINERALS: 157 73 153 136 121 131 157 141 - 10.2 209 137 121 241 124 156 129 131 145 154 105 41 0 0 17 74 38 57 80 83 152 116 117 135 96 132 100 121 109 126 151 117 116 84 95 138 95 106 103 121 209 126 121 241 123 142 110 101 112 155 204 119 40 217 116 135 104 108 106 138 209 127 119 194 124 132 111 91 115 151 205 111 106 123 119 130 117 110 104 136 - 1.9 - 12.6 - 10.9 - 36.6 - 4.0 - 1.5 + 5.4 + 20.9 - 9. 6 ! -9.9 227 143 145 153 245 371 135 190 128 19 58 64 54 30 21 45 94 80 49 143 99 146 59 109 101 122 112 55 118 118 101 41 228 79 114 113 99 108 99 80 101 91 120 132 110 59 112 97 117 83 95 117 129 108 24 137 129 153 70 138 115 128 122 46 106 145 80 48 292 90 122 123 + 91. 7 ! -22.6 + 12.4 * -47.7 ! -31.4 ; + 111.6 ! -2i.7 ; - 4.7 ! + 0. 1 \ 61 43 49 22 32 4 54 217 153 123 60 197 314 171 160 135 121 53 196 292 145 146 207 146 65 96 72 178 123 144 138 93 134 65 134 110 129 149 78 86 25 120 155 118 95 58 89 31 120 349 314 497 282 316 467 291 45 A 2 35 22 4 58 225 292 103 269 316 384 228 130 214 24 116 166 346 132 102 140 99 125 72 67 103 153 259 368 213 145 108 178 223 241 179 274 306 367 229 129 165 129 151 188 438 141 + 40.9 '. - 8.5 ! -36.2 . - 25.6 i + 3.5 + 24.0 i 0.0 ! - 42.2 : — 31. 6 * - 27. 9 - 44. 9 ; - 38.6 ; + 19.3 655 532 208 1,049 799 785 566 - 1,925 405 4 0 34 0 0 0 0 0 48 431 48 84 976 477 3 42 0 315 276 0 132 232 69 0 8 0 161 55 358 55 205 603 328 288 0 140 212 366 61 859 557 78 141 0 262 655 29 100 1,049 344 6 30 0 405 371 16 207 300 50 0 2 0 226 225 276 232 25 2 23 222 272 229 205 198 204 51 45 50 - 142 156 144 225 274 232 203 191 201 148 258 566 562 170 195 . 46 0 28 0 22 49 62 102 262 29 88 195 71 71 202 465 105 160 60 46 176 17 53 113 71 86 508 25 92 144 73 100 • 566 278 121 184 75 120 368 464 138 158 total Petroleum Bituminous coal Anthracite coal Iron ore* CopDer Lead Zinc Gold Silver Total *. ANIMAL PRODUCTS (marketings): Wool__ Cattle and calves Hogs » Sheep Eggs* . _. _ - . Poultry* Fish _„ Milk (New York) Total CROPS (marketings): Grains— Corn* Wheat* Oats* Barley* Rye* Rice* Total* Vegetables— Potatoes (white)* Sweet potatoes* Tomatoes* Onions* Cabbage* Celery* Total* Fruits— . Aooles* Peaches* Citrus fruit* Grapes* Pears* Watermelons* CantalouDes* Strawberries* Total* Cotton products— Cotton* Cottonseed* Total* Miscellaneous crops— Hay* Tobacco* -- Flaxseed* Cane suffar* - 389 218 211 85 353 367 206 *. „_ _ _ - -~ - -- -- - Total* Grand total, crops. 1 •Fluctuations between Tiwr*ni11Tn and minimum largely due to seasonal variations. 78404—24 4 - 38. 4 • + - 43. 4 44.8 ; 107.0 : 71. 4 ! 85.5 : 0 : -93.3 0 - 44. 2 : -9.8 -30.3 - 13.4 + 2.7 + 20.0 - 35.0 + 66.9 + 14.0 - 14.1 26 INDEXES OF BUSINESS—Continued. EXPLANATION. 1922 Maximum Minimum since Jan. A II index numbers are relative to W19 as 100, eictpt since Jan. prices, which are relative to 191S, and unfilled 1,1920. orders, which are relative to WSO. 1,1920. 1923 October. November August. September. October. Per cent increase (+) or decrease (-)j November. Sov. from Oct. PRODUCTION—Continued. FOREST PRODUCTS: Lumber Pulpwood . Gum (rosin and turpentine) Distilled wood _ Total U9 133 135 267 151 135 59 51 20 24 61 95 158 108 118 114 110 184 138 117 135 98 267 108 2 136 131 126 178 260 207 169 122 135 122 233 116 75 64 40 41 64 41 20 38 29 35 77 99 123 86 87 113 99 65 124 58 233 105 112 121 95 61 93 70 50 118 62 210 105 106 108 97 Cotton (consumption) Wool (consumption) Total 127 13S 130 60 42 54 108 129 116 Pig iron Steel ingots Locomotives Total 152 149 150 147 34 33 9 32 135 232 150 MANUFACTURING: Foodstuffs—* Meats Wheat flour Sugar Ice cream Butter Cheese Condensed milk Glucose and starch.. Oleomargarine Rice, Total __, _. 125 1 1 150 U30 3 220 94 125 96 108 83 175 125 103 119 96 185 116 119 131 106 214 106 3 132 118 113 118 1 90 1 117 1 1 119 104 i89 1 100 ^100 i -9.2 -9.4 -13.6 + 9.4 -9.8 - 8.0 -24.6 -27.8 -13.0 -14.5 -20.0 -13. 4 + 12.5 +27.8 - 0.9 103 62 101 2 104 75 119 80 158 2 107 117 138 124 100 54 67 2 114 100 105 102 98 101 99 110 113 111 103 1 90 202 2 106 108 109 108 104 122 65 116 112 122 71 118 135 131 122 131 123 118 150 120 124 126 139 127 114 111 134 113 - 8.1 -11.9 -3.6 -11.0 59 51 57 119 198 133 114 197 129 135 223 150 125 194 137 131 206 145 119 211 136 -9.2 + 2.4 -6.2 95 130 , 115 63 82 63 83 110 99 79 109 97 92 109 102 75 100 90 79 111 99 -8.9 -12.6 -12. 1 121 69 114 112 116 96 107 72 97 87 105 140 163 188 269 118 157 40 96 4 21 21 92 100 145 150 156 84 137 83 145 154 186 105 137 53 48 61 69 117 73 183 116 103 77 169 109 122 157 59 219 75 140 80 85 196 111 119 163 162 213 86 157 90 86 200 116 110 162 117 107 101 142 78 .--. 124 124 200 126 129 157 12 267 86 139 92 81 194 113 188 109 - 7.6 - 0. 6 -27.8 -49.8 +17.4 -9.6 -13.3 0.0 - 6.0 - 6.0 Copper smelting and refining Zinc smelting and refining. Enamel ware _. Lead _. Total 126 127 275 156 176 23 38 86 79 71 78 104 188 132 133 85 105 186 138 135 107 109 232 142 161 98 102 212 135 148 103 110 275 135 176 98 116 228 130 157 -4.9 + 5.5 -17.1 -3.7 -10.8 Manufactured tobacco and snuff Cigars,. _ Cigarettes Total 119 128 147 125 50 75 64 70 101 118 102 108 96 115 102 107 102 105 132 115 96 102 126 110 103 121 142 125 95 91 1*47 113 -7.8 -24.8 + 3.5 - 9.6 79 239 221 163 145 133 153 139 2 29 20 58 37 68 98 30 10 145 143 137 95 112 134 100 8 144 133 115 90 111 136 101 7 209 114 124 109 5 119 144 85 6 199 99 148 102 3 112 140 83 222 112 145 113 3 121 152 116 2 190 107 124 99 2 111 149 111 -60.0 -14.4 -4.5 -14.5 -12.4 - 8.3 - 2.0 -4.3 „_ Textiles— Iron and steel— Lumber— Lumber .„„... . g „ _ Total :„:__; Leather— Sole leather Boots and shoes Total _____ _ Paper and printing— Total Chemicals, etc.— Coke Petroleum products Cottonseed oil* Turpentine and rosin* Wood distillation _„ Total Stone, day, and glass— Brick. Glass bottles Cement* Total _____ --- 1 m 2 - 1.8 -3.5 -2.7 - 1.9 Metatsy excepting iron and steel— Tobacco— Miscellaneoits— Shipbuilding Automobiles Bubber tires ^__ Prepared roofing. ____ Total Grand total, 65 commodities, , ELECTRICAL POWER BUILDING CONSTRUCTION •Fluctuations between I Estimated. (total)*.. ""i and Tpfa*™"^ largely due to seasonal variations. * Partly estimated. » January, 1020; no other figures for 1920 available. 27 INDEXES OF BUSINESS—Continued. EXPLANATION. Maximum Minimum All index numbers are relative to 1919 as 100, except since Jan. since Jan. prices, wMch are relative to 1913, and unfilled 1,1920. 1,1920. orders, which are relative to 1920, 1922 October. 1923 November. August. Soptember. October. Per cent Increase ( + ) or decrease (—), November. Nov. from Oct. STOCKS. Cotton (mills and warehouses) Pig iron Lumber Paper and pulp Oils and naval stores Brick and enamel ware Nonferrous metals Total 143 173 150 126 190 118 378 152 41 31 84 75 85 71 98 93 118 33 136 98 146 91 204 123 122 39 135 92 150 94 195 124 116 40 72 71 117 78 116 99 121 68 92 58 39 64 62 88 43 62 100 76 10S 91 111 68 89 131 49 279 204 190 162 181 162 +12.6 + 8.1 - 7.7 + 7.0 + 7.7 +11.5 -63.0 - 1.6 60 161 138 101 128 97 176 ! 112 95 173 142 1 86 130 96 265 3 125 107 187 131 >92 140 107 98 123 60 58 54 53 94 67 94 88 103 54 81 106 70 121 86 111 67 89 105 70 123 90 115 73 93 117 75 123 98 129 73 98 102 59 96 93 111 58 84 -12.8 -21.3 -22.0 -5.1 -14.0 -20.5 -14.3 109 110 73 92 134 122 -9.0 84 55 117 109 106 72 155 119 149 133 127 121 151 121 162 123 127 123 153 103 171 145 135 95 151 102 170 143 140' 127 180 137 190 152 138 139 176 149 187 141 134 131 188 154 80 101 130 127 131 130 100 129 112 139 148 146 142 149 - 4,1 + 2.1 309 181 97 91 110 110 118 105 136 102 138 109 139 103 137 97 - 58 Farm products Food, etc Cloths and clothing Fuel and lighting Metals and metal products Building material Chemicals House-furnishing goods Miscellaneous All commodities 243 248 346 281 203 300 213 275 208 248 114 131 171 178 109 155 121 173 114 138 138 140 188 226 135 183 124 176 120 154 143 143 192 218 133 185 127 179 122 156 139 142 193 178 145 186 127 183 120 150 144 147 202 176 144 182 128 183 121 154 144 148 199 172 142 182 129 183 120 153 146 148 201 167 141 181 130 176 118 152 + 1.4 ment of Labor prices)— Total raw products Agricultural products. Animal products Forest products Mineral products Producers7 goods Consumers' goods All commodities 249 311 218 375 272 244 249 247 135 122 103 152 168 118 146 138 166 147 132 204 218 135 152 154 166 160 129 207 209 136 155 156 153 152 125 203 177 137 154 150 158 163 131 196 176 139 158 154 155 172 122 197 171 139 159 153 154 179 115 196 165 138 159 152 -0.6 + 4.1 -5.7 -0.5 -3.5 -0.7 0.0 - 0.7 246 272 267 218 102 125 142 134 134 163 165 151 136 173 164 153 136 166 159 155 144 176 163 158 150 181 163 158 147 196 163 153 227 115 145 150 140 142 143 146 , 41 147 134 107 123 96 213 1 106 UNFILLED ORDERS. Total (based on 1920=100) WHOLESALE TRADE. Hardware Shoes Dry goods Groceries Drugs Meat packing (Value.) Total RETAIL TRADE. (Value.) MAIL-ORDER HOUSES (4 houses) CHAIN STORES: Ten-cent (5 chains) Music (4 chains) Grocery (32 chains) Drug (10 chains) Cigar (3 chains) Shoe (6 chains) DEPARTMENT STORES: Sales (333 stores) Stocks (286 stores) -2.2 + 8.8 -1.6 -7.2 - 2.9 - 5.8 PRICE INDEX NUMBERS. (AU price index numbers relative to 1913.) FARM PRICES: Crops (15th of month) Livestock (15th of month) WHOLESALE PRICES: Department of Labor— 0.0 + 1.0 -2.9 - 0.7 -0.5 + 0.8 -3.8 - L7 -0.7 Federal Reserve Board (Depart- Federal Reserve Board Index— Goods imported Goods exported All commodities Dun's (1st of following mo.) Bradstreet's (1st of following mo.) i Estimated. tPartlj estimated. - 2.0 + &3 0.0 0.0 + 2.1 28 < INDEXES OF BUSINESS—Continued. EXPLANATION. Maximum Minimum AII index numbers are relative to 1019 as 100, except sine© Jan. since Jan. pikes, which are relative to 1913, and unfilled 1,1920. 1, 1920. orders, which are relative to 1920. 1933 1923 October. November. August. September October. Per cent increase (+) or decrease (—), November. Nov. from Oct. PRICE INDEX NUMBERSContinued. RETAIL PRICES, FOOD COST OF LIVING, National Conference Board: Food Shelter Clothing Fuel and light Sundries All items weighted ___ Industrial 219 139 143 145 146 149 150 151 +0.7 219 175 288 200 192 205 139 143 153 149 171 155 143 165 157 187 172 157 145 167 160 186 171 158 146 175 171 176 173 162 149 175 175 176 173 163 150 175 176 178 173 164 151 180 174 176 174 165 +0.7 +2.9 310 340 154 155 163 157 159 162 155 155 164 158 160 165 158 160 166 161 169 171 + 1.9 +5.6 +3.0 352 306 596 154 169 412 369 567 163 173 424 381 569 155 181 421 382 563 153 182 392 571 151 183 +2.6 + 1.4 164 149 175 171 163 148 172 174 163 147 171 174 164 144 177 210 212 -1. 1 -1. 1 + 0.6 +0.6 FOREIGN WHOLESALE PRICES: United Kingdom— British Board Trade.^ London Economist Jl U. S. Fed. Res. Bd France— Gen. Stat. Bureau.-U. S. Fed. Res. Bd Italy (Bachi) Sweden Switzerland _. Canada— Canadian Dept. Labor U. S. Fed. Res. Bd Australia India (Calcutta) Japan— Bank of Japan U. S. Fed. Res. Bd 588 537 670 366 3 326 263 279 236 218 306 283 504 154 160 155 158 160 337 294 601 155 163 162 144 146 170 162 145 159 177 164 147 162 178 4 183 171 190 174 188 172 321 313 * January, 1920; no otherfiguresfor 1920 available. -1.3 +0.5 -0.6 -2.0 + 1.7 < Since January, 1921. WORLD PRODUCTION OP WHEAT * World total. Country. New crop available. Argentina. Australia. India. United States. Spain. Italy. France. January. January. March. July. August. August. August. August. August. September 2.36 361 221 34 116 318 283 223 205 136 152 87 49 80 78 Germany. Rumania. Canada. Milllons ol bushels. Normal consumption (1900-1913) 64 37 301 531 891 1,026 636 637 130 116 139 152 143 183 170 171 177 HC 921 968 833 815 868 136 129 139 145 125 183 170 141 194 162 786 157 225 1909-1913 average.. 1914 1915 1916 1917 3,577 3,586 4,199 •2,609 * 2,288 157 105 169 169 SO 85 103 25 179 152 351 312 377 323 382 1918. 1919. 1920.. 1921., 1922.- '2, KM •2,743 •2,868 > 3,069 13,096 224 180 217 156 181 115 76 46 146 129 370 280 378 250 189 109 369 1923, latest estimates 146 142 »110 226 »86 *80 •237 •323 290 394 263 231 82 » 182 197 161 189 193 •S3 '66 *t>l 263 ' 10> • 79 301 •70 •93 400 104 103 470 : Russia excluded. No accurate statistics are available. • Excludes Alsace-Lorraine. »Excludes Dobruja. 1923 estimates are as of Dec. 20,1923. 'New boundaries. 'Former kingdom, Bessarabia and Bukowina. vomesne wmmerct* Countries are placed in the order in which crops are harvested 29 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 thefiguresdo 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: October, 1923.—This column gives the October figures corresponding to those for November shown in the next column—in other words, cover the previous month. November, 1923.—In this column are given the figures covering the month of November, or, as in the case of stocks, etc., the situation on November 30 or December 1. Corresponding month, October, 1922, or November, 1982.—Thefiguresin this column present the situation exactly a year previous to those in the "November, 1923/' column (that is, generally November, 1922), but where no figures are available for November, 1923, the October, 1922, figures have been inserted in this column for comparison with the October, 1923, figures. Cumulative total through latest month.—These columns set forth, for those items that properly can bo cumulated, the cumulative total for the eleven months of the calendar years 1922 and 1923, respectively, except where the November, 1923, figures are lacking, in which case the cumulative total for ten months in each year is given. Percentage increase ( + ) or decrease (—) cumulative, 1923 from 1922.—This column shows the per cent by which the cumulated total for the eleven months ending November, 1923, is greater (+) or less (—) than the total for the corresponding period ended November, 1922. Bas<> year 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 ';he year or period stated in this column. Wherever possible, the year 1913 is taken as a base, and if no pre-war figures are available, 1919 is usually taken to avoid using a war year as a basis. In some cases it will be noted that figures were not available prior to 1920 or even 1921, and that sometimes a month, or an average of a few months, has to be used rather than a year's average. Also, for some industries, 1919 would not be a proper base on account of extraordinary conditions in the industry and therefore some more representative year has been chosen. Index numbers.—In order to visualize the trend of each movement, index or relative numbers are given for the last four months and for two corresponding months of a year ago. These index numbers are computed by allowing the monthly average for the base period, usually 1913 or 1919, to equal 100. If the movement for a current month is greater than the base the index number will be greater than 100. If the converse is true the index number will be less than 100. The difference between 100 and any index number gives at once the per cent increase or decrease compared with the base period. Index numbers may also be used to compute the approximate per cent increase or decrease from one month to the next. Percentage increase (+) or decrease (—) November from October.—The last column shows the per cent increase or decrease of the figure for the last month compared with the preceding month. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for special reasons; detailed tables covering back figures for these items will be found at the end of this bulletin. For detailed tables covering other items, see last quarterly issue of the SUBVEY (NO. 27). October, 1923. In many cases December figures are now available and may be found in the special table on page 23* NUMERICAL DATA. November, 102ft. Corresponding month, October or November, 1922. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1922 1923 Per cent increase ( ) t or decrease (-) cumulative 1923 from 1922. INDEX NUMBERS. BASE YEAR OR* PERIOD. Per cent in* crease 1923 1922 or decrease Oct. Nov. Aug. Sept. Oct. Nov. si. from Oct. TEXTILES. Wool. Receipts at Boston: Domestic thous. of lbs.. Foreign thous. of lbs.. Total '.. thous. of lbs.. Imports, unmanufactured thous. of lbs.. Consumption by textile mills, grease equivalent thous. of lbs.. Machinery activity hourly: Looms, wide per ct. of hours active.. Looms, narrow per ct. of hours active.. Looms, carpet and rug.. .per ct. of hours active.. Sets of cards per ct. of hours active.. Combs per ct. of hours active.. Spinning spindlesWoolen per ct. of hours active.. „ t , Worsted per ct. of hours active.. Machinery activity (percentage of total): Woolen spindles *per ct. of active to total.. Worsted spindles per ct. pi active to total -. Wide looms per ct. of active to total.. Narrow looms per ct. of active to total.. Carpet looms per ct. of active to total.. Prices: Raw, Ohio, i blood unwashed dolls, per 1b.. Raw, territory fine, scoured dolls, per 1b.. Worsted yam dolls, per l b . . Wool, dress goods dolls, per yd.. Men's suitings : dolls, per yd.. 4,335 3,176 7,511 9,566 8,202 3,474 11,676 9,815 9,715 21,731 31,446 27,084 183,052 208,069 391,122 330, IU 129,621 267,014 396,G35 382,454 51,815 50,279 63,313 595,758 596,156 + 76.7 73.9 77.0 74.1 80.0 72.7 84.2 92.7 86.2 84.5 93.3 85.4 88.0 87.0 88.7 83.0 .47 1.30 1.650 1.035 3.690 32 GO 40 76 + 89.2 + 9.4 55.5 2.6 106 117 3.0 113 105 111 116. 0.9 0.0 1913 1913 1913 1913 64 225 109 200 71 412 168 214 131 6o 113 81 1921 134 143 109 1921 1921 114 122 116 114 111 100 83.7 93.7 1111.4 1921 1921 1921 144 131 119 163 131 *125 156 ISO 95 164 130 97 + 0.6 0.0 1.0 89.7 93.7 1921 1921 126 115 125 114 124 100 122 106 + - 0.8 4.7 1913 109 109 109 108 109 106 - 2.8 1913 1913 1913 1913 120 101 108 122 122 109 112 124 115 104 111 125 112 114 104 111 127 111 104 110 126 - 2.6 0.0 0.9 0.8 0.1 110 121 .48 .51 1913 188 204 200 188 188 192 + 2.1 1.30 1.650 1.035 3.690 1.39 1.650 .950 3.420 1913 1913 1913 1913 235 193 146 213 214 212 169 221 240 225 184 239 232 219 1S4 239 228 212 184 239 228 212 184 0.0 0.0 0.0 0.0 1909-13 1913 1913 194 132 110 179 244 105 45 17 195 124 33 401 197 37 157 - 60.9 177 - 9.8 82 +117.5 _. . Cotton. *9,376 * 9,320 1,180 1,689 4,319 Gmnings thous. of bates.. 9,510 10,309 2.1&6 2,135 2,368 Receipts into sight thous. of bales.. 339,557 303,552 16,564 49,551 7,615 imports, unmanufactured bales.. Exports, unmanufactured 858,337 5,506,460 4,446,318 „ (including linters) bales.. 781,722 770,002 579,190 5,558,188 6,052,135 Consumption by textile mills bales.. 541,825 531,631 » Overtime was reported sufficient to offset all idle hours and leave an excess. - 29.2 + 28.3 + 1.4 + 15.8 + 0.6 7.8 + 11.9 108 95 118 34 110 1913 + 19.3 112 100 111 120 1013 102 + 8.9 * Cumulatives are for crop years as indicated. 106 110 - 1.5 1.9 30 TREND OF BUSINESS MOVEMENTS—Continued. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or ivro repeated for special'rcasons; detailed tables covering back fibres for these items will be found at the end of this bulletin. For detailed tables covering other items, see last quarterly issuo of tuo SURVEY (NO. 27). October, 11)23. In many case* December figures are now available and may be found in the special table on page 23* Per cent increast NUMERICAL DATA. Novem ber, 1923 Corre spoiulfru month, October or November 1922. V CUMULATIVE TOTAL THROUGH LATEST MONTH. 1022. INDEX NUMBERS. Per cent increase { or decrease (-) cumulative 1923 from 1922. 1923. BASE YEAR OR PERIOD, (+) 1923 1922 or decrease Nov. Oct Nov. Aug, Sept Oct. Nov. from Oct. TKXTII.ES—Continued. Cotton—Continued. "Stoclcs, end of month: 5,299 Total domestic ginned thous. of bales.. 1,103 Mills thous. of bales.. Warehouses thous. of bales.. 3,485 Elsowhero (completed) thous. of bales.. 710 World, visible, American thous. of bales.. 2,78,' Manufactured goods: Cotton cloth exports thous. of sq. yds.. Fabric consumption 14,795 by tiro mfrs thous. of lbs.. 8,431 Elastic webbing sales thous. of yds.. 11,259 Fino cotton poods: Production pieces.. 441,079 Sales pieces.. 327,094 Cotton finishing: Orders received, grey yardage— White KOO<1S. • - thous. of yds.. 39,731 Dyed poods thous. of yds.. 37,4S0 Printed goods tlious. of yds.. 10,S07 Totai thous. of yds.. 97.^So Billings, fimshod goods (as produced)— >. White poods thous. of yds. ! 42,057 Dyed goods.... thous. of yds. 40,796 Printod goods thous. of yds. 9,867 Total thous. of yds. & 102.695 Shipments, finishod goodsWhite goods cases. IS,274 Dyed goods cases. 9,182 Printed goods cases. 1,995 Total cases. M9,295 Stocks, finished goodsWhite goods cases. 11,613 Dyed goods cases. 7,323 Printed goods cases. 2,556 Total cases. s 47,686 Operating activity.. .per cent of capacity., 72 Machinery activity of spindles: Active spindles thousands., 31,379 Total activity millions of hours.. 8,3S2 Activity per spindle hours.. 223 Per cent of capacity per cent., 95.4 Prices: Raw'cotton to producer * dolis. per ib., .288 Raw cotton, New York dolls, per lb.. .301 Cotton yam dolls, per lb.. • .494 Print cloth dolls, per yd., .075 Sheeting dolls.per yd., .125 5,70; 1,438 3,771 498 1914 1913 1913 1914 8,015 1,724 4,198 2.092 3,876 198 103 2i4 237 116 73 138 + 7.7 307 !+ 30.4 214 4- 8.2 + 29.9 47 -1- 15.8 104 2.5 100 119 - 5.8 68 - 11.4 120 + 4.0 1+ 9.3 110 142 58 111 118 128 69 109 - 7.1 124 - 2.7 59 - 14.3 102 - 6.3 123 137 103 121 93 113 54 91 129 154 75 120 111 154 77 314 115 125 94 116 116 155 91 122 101 91 51 94 118 116 69 110 105 - 11.1 108 |- 6.4 77 + 11.6 104 i- 5.6 M921 <1921 * 1921 < 1921 U921 148 161 76 124 114 147 151 69 127 120 157 172 Sh 129 94 159 188 86 132 111 172 177 80 135 102 8.0 5.7 6.4 2.8 8.3 1913 1922 1922 112 111 110 115 117 116 112 100 99 114 113 110 113 108 105 0.S 194 128 238 199 61 60 67 49 83 57 122 49 128 82 198 67 1913 118 125 30 52 90 45,934 545,590 429,638 - 21.3 M913 138 124 104 103 121 9,015 14,716 91,468 151,078 109,950 + 30.2 147,736 - 5L2 1921 1919 150 9Q 135 100 122 81 99 70 120 77 461,806 390,943 411,527 393,453 4,193,473 3,941,606 4,776,431 + 13.9 3,866,818 - 1.9 1919 1919 97 149 107 112 100 36,910 36,459 9,261 91,829 37,817 43,897 16,639 110,211 374.228 + 2.8 364,145 352,203 418.646 [+ 18.9 131,273 120,306 - 8.4 9.54,037 1,017,010 ;+ 6.6 M921 4 1921 < 1921 M921 126 153 92 126 113 150 107 122 36,130 41,011 10,088 97,531 39,907 36,297 13,428 102,898 3fi2,969 320,566 120,583 927,463 + 28.6 + 8.8 + 12.8 1921 1921 1921 1921 128 133 97 118 16,237 8,500 2,220 46,548 17,908 12,271 2,647 54,786 161,407 99,027 27,430 484,359 177,569 10.0 102,809 3.8 22,143 - lft.3 530,800 + 9.6 U921 * 1921 M921 *1921 12,540 6,908 2,393 49,017 66 10,696 5,886 2,061 45,969 78 34,101 8,015 F213 96.6 34,658 .310 .3.50 .510 .079 .128 .238 .256 .452 .077 .117 3,220 37.159 7.939 9,979 376,903 412,407 131,181 1,046.357 + & 8,710 234 106.2 thous. of lbs.. bales.. bales.. dolls, per l b . . II- it 635,271 413,819 494,877 430,273 129,065 186,059 188,140 4,645 224,916 170,202 168,051 4,562 221,320 775,800 S9S 651,300 20,700 779,400 631 717,300 22,500 666,900 1,015 629,100 14,400 2,325 2,263 2,287 6,028 25,225 35,398 7.840 5,702 35,467 47,159 8.330 • 8.5 . 10.6 . 2.0 1.6 5,2-10 25,917 32,679 7.840 Burlap a n d Fiber* Imports: Burlap thoti. of lbs.. 46,499 51,251 55,067 Fiber (unmanufactured) .long tons.., 19,310 34,199 26,553 * Average for fiscal year ending June 38. * Eleven months' average, January to November, inclusive. * Eevised. , 14.1 0.5 2.2 5.0 400,800 59,114 6,984,900 763,500 4- 10.4 8,282 7,295 i - 11.9 r , 156,800 8,193,600 -I- 14.5 159,300 19S.900 + 24.9 115 ,201 131 18 113 ,006 137 29 113 .,500 154 22 131 592 143 41 132 625 156 45 U92O 464 455 527 463 451 II- 2 . 5 52,468 336,578 56,935 335,143 - 484,603 I 236,733 I 551,391 11+ 13.8 II 1909-13 286,111 11+ 20.9 ||; 1909-13 8 8.5 0.4 0.5 5.5 9.6 8.7 1920 U920 U920 U920 Raw Silk. Imports Deliveries (consumption) Stocks, end of month Price, Japanese, N. Y + - 7.6 258 274 l|+ 16.3 218 + 9.3 229 5,3 208 11+ SL4 1913 1913 1913 1913 1913 Clothing. Men's and boys' garments cut*— Mon's suits, wool number.. Mon's suits, other number., Men's separate trousers, wool number.. Men's separate trousers, other number.. Men's overcoats number.. Boys' suits and separato pants number.. Boys' overcoats and reefers number.. Work clothing:* Cut., dozens.. Sales dozens.. Cancellations .dozens.. Stocks, end of month dozens.. Knit underwear: Production.... dozens.. Orders received thous. of dozons.. Shipments dozens.. Cancellations..... dozens.. Unfilled orders, end of month thous. of dozens.. no; 1913 M920 1920 1913 212 184 200 170 159 141 199 188 151 145 92 50 53 64 228.9 216.8 0L9 i269.3 215.4 1215.4 162 133 .49 As of first of following month. * Kelative to six months' average, July to December, inclusive. • Relative to 11 months' average, February to December, inclusive* 15.0 • 2.7 . 8.3 0.0 • 10.2 151 120 I . 77.1 TREND OF BUSINESS MOVEMENTS—Continued. NOTE.—Items marked with an asterisk (*) have, not been published previously in the SURVEY or are repeated for special reasons; detailed tables covering back figures for these . items will be found at the end of this bulletin. For detailed tables covering other items, see last quarterly issue of the SURVEY (NO. 27). In many cases December figures are now available and may be found in the special table on page 23, Corresponding month, October or November, 1922. TEXTILES—!Continued. Pyroxylin Coated Textiles.* Pyroxylin spread Shipments billed: Light goods Heavy goods Unfilled orders, end of month: Light goods Heavy goods thous. of lbs.. linear yds.. linear yds.. linear yds.. linear yds.. Fur-Felt Hats.* Fur: Consumption Stock, end of month Hats: Formed Orders booked dozen.. dozen.. Surplus bales, end of month dozen.. lbs lbs METAXS. Iron Ore a n d Pig Iron. Iron ore: Movement through Sault Ste Marie Canal thous. of short tons.. StocksTotal thous. of tons.. At furnaces thous. of tons.. On Lake Erie docks.,., thous. of tons.. Consumption thous. of tons.. Pig iron, production thous. of long tons.. Furnaces in blast, end of month: Furnaces number.. Capacity long tons per day.. Merchant pig iron: Production thous. of long tons.. Sales thous. of long tons.. Shipments thous. of long tons.. Unfilled orders thous. of long tons.. Stocks, merchant furnaces thous. of long tons.. Stocks, steel plants thous. of long tons.. Ohio gray-iron foundries: Meltings long tons.. Meltings per cent of normal.. Receipts of iron long tons. Stocks long tons. Wholesale prices: Foundry No. 2, Northern .dolls, per long ton.. Basic Valley furnace..dolls, per long ton Composite pig iron....dolls, per long ton Malleable castings: * Production tons.. Shipments tons.. Orders booked tons.. Operating activity per ct. of capacity.. Cast-iron pipe:* Production tons.. Shipments tons.., New orders tons.. j 14S i ' - 6.8 142 , - 11.1 140 - 7.S Crude Steel. Steel ingots, production. ..thous. of long tons.. Steel castings: Total bookings ......short tons.. Railroad specialties short tons.. Miscellaneous bookings short tons.. Unfilled orders, U. S. Steel Corp., end of month thous. of long tons.. Sheets, blue, black, and galvanized: Production (actual) short tons.. 225,714 70.6 Production per ct. of capacity.. Shipments short tons.. 230,820 Sales short tons.. 185,110 Unfilled orders short tons.. 307,540 StocksTotal short tons.. Unsold short tons.. Wholesale prices: Steel billets, Bessemer.dolls, per long ton. Iron and steel dolls, per lone ton. Composite steel dolls, per 100 lbs. Composite finished steel.dolls, per 100 lbs.. Structural steel beams...dolls, per 100 lbs. .| » Relative to 11 months' average, February to December, inclusive 155 103 176 167 1G6 »Twolve months* average, June, 1919, to May, 1920. j !"<![i|- 0.0 2.3 0.0 0.0 0.0 32 TREND OF BUSINESS MOVEMENTS—Continued. NOTE.—Itoms marked with an asterisk (*] havo not been published previously in the SUBVEY or aro rnpratinl for special reasons detailed tables covering oack figures for these items will be found at thoon.l of this bulletin. For detailed tables covering other Items, see last quarterly Issue of thoSURVEY (NO. U7). October. 1023. In many case* December figures are now available and may be found in the it pedal table on page 23* Percent increase NUMERICAL DATA. ( Novcm ber t 1923. Corresponding month, October or November, 1922. CUMULATIVE TOTAL THROUGH LATEST M0N1II. 1922 t> or decrease (-) cumulative 1923 from 1922. 1928 INDEX NUMBERS. BASE YEAR OR Percent. ' increase 1923 1922 (+) . or decrease PEEIOD. Oct. Nov. Aug. Sept. from Oct. Oct. Nov. METALS-Contlnucd. Iron a n d Steel P r o d u c t s . Locomotives: Shipments— Total .number. Domestic number. Foreign number. Unfilled ordersTotal numlxjr. Pomcstic number. Foreign. numl>er. Freight cars: Ordors, domestic number. Foundry cquipmont; Sales dollars. Shipments dollars.. Unfilled orders dollars.. Vessel construction: • Completed during m o n t h Total gross tons., Steel seacoimj ^ross tons.. Building or under contract, end of mo.— Merchant vessels, .thous. of gross tons., Steel barrels and drums: Shipments .barrels.. Production por ct. of capacity.. Unfilled ordors barrels.. New orders barrels.. Structural steel, fabricated: Sales (prorated) short tons.. Sales per ct. of capacity.. Shipments per ct. of capacity.. Bteel furniture, shipments thous. of dolls.. 310 205 15 299 270 49 159 144 15 977 915 02 1,125 691 650 35 5,050 1,619 1,501 118 18,500 307,000 352,384 454,374 267,424 205,211 437,296 201,630 249,577 340,902 18,350 8,778 6,576 923 27,720 3,669 164 162 257 177,073 33.7 403,653 172,753 120,000 43 78 1,064 S62 202 2,860 +168.8 2,680 +210.9 180 - 10.9 1913 1920 1920 47 121 13 52 131 17 235 15 109 285 25 101 286 17 1920 1920 1920 1920 116 159 28 121 122 168 28 170 113 157 21 26 123 18 9 74 102 14 11 2,925,993 4,335,611 + 48.2 2,701,052 .4,205,554 + 55.7 1922 1922 1922 130 132 102 94 130 160 163 92 134 117 137 144 123 250,322 - 15.3 98,245 - 36.6 1916 1916 73 60 14 45 32 40 32 1916 21 21 13 13 157,210 295,656 155,079 88,777 - 43.5 154,562 30.6 385,436 108,374 194,069 37.1 385,881 109,480 2,107,316 1,954,312 1,742,559 - 10.8 135,000 122,500 49 1,773,100 1,737,500 - 1,204 2,219,380 + 5.3 - 3.5 8.5 245 33 +226.7 52 73 8 48 - 29.3 - 28.3 - 43.5 +348.9 100 - 27.1 108 - 24.7 118 - 3.8 P 1921 1921 - C4.2 - 89.5 - U921 1920 169 206 122 82 173 213 165 105 194 236 156 90 147 172 143 76 158 194 173 108 96 176 164 68 - 2.0 1913 1913 152 115 128 154 116 139 104 126 96 141 + 10S + 11,552 15,378 + 33.1 1919 135 133 148 140 150 42 115 - 1.2 12.7 9.2 5.0 37.3 12.5 12.5 16.7 2.0 I,3GG 54 65 1,339 32,576 50 16,241 "96 "35,808 1 355 593^213 1,391 + 2.7 697,929 17.7 1919 1919 68 120 168 58 130 507 41,537 3,933 546 40,250 3,040 532 48,350 2,950 5,528 518,485 31,542 6,632 + 20.0 559,492 + 7.9 37,631 + 19.3 1919 101 87 102 lt14fi 1,750 3,8C4 1,061 1,406 3,526 1,387 1,114 4,339 12,363 11,009 16,594 + 34.2 17,01S + 54.6 1919 1919 1919 84 80 73 76 144 91 62 123 79 136 65 64 - 7 . 4 109 - 19.7 59 - 8 . 7 3,572 48 67 3,147 48 62 3,030 35 30 35,440 550 548 35,563 . 0.3 546 - 0.7 662 + 20.8 1913 1913 1913 136 54 151 107 44 70 102 56 160 90 39 142 126 61 156 111 01 144 - 11.9 0.0 7.5 toduction thous. of lbs., 132,481 Exports thous. of lbs. < Wholesale price, electrolytic. .dolls, per lb.. 1126 Brass faucets: Orders received* number of pieces.. 408,765 Orders shipped.........number of pieces.. 490,690 Tubular plumbing sales: Quality number of pieces. 173,431 147,420 Value dollars. 127,411 72,201 .128 101,607 55,788 .136 883,030 677,833 1,347,914 + 52.6 6.7 723,365 1913 1913 1913 101 74 87 100 79 87 127 98 88 123 98 85 132 107 80 125 102 81 + 3.8 3.8 1-6 502,860 394,798 338,236 267,955 261,190 214,261 247,439 244,602 84,196 51,574 15,711 14,730 .067 88,560 61,803 13,664 12,325 !067 80,400 38,994 18,044 17,331 .075 long tons.. . -long tons.. long tons.. thous. of lbs.. dolls, per l b . . 3,677 20,567 5,540 13,053 .417 1,072 19,520 6,785 11,336 ! 1444 25,961 4,812 8,944 Lead. Production index number*. Receipts, St. Louis thous. of lbs.. Shipments, St. Louis . . .thous. of lbs.. Wholesale price, pig, desilverized.dolls, per l b . . 5,926 8,815 .069 Machinery. Stokers: Sales number.. Sales horsepower.. Agricultural pump shipments: Total thous. of dolls.. Pitcher, hand, etc number.. Power pumps -..number.. Steam, power, and centrifugal pumps: New orders thous. of dolls.. Shipments thous. of dolls.. Unfilled orders thous. of dolls.. Patents issued: Total, all classes number.. Agricultural implements .number.. Internal-combustion engines number. - 148 - - 43.2 - 50.1 - 8.5 Copper a n d Brass. Zinc. Prod uction ...thous. of lbs. Stocky end of month ...thous. of lbs. Receipts, St. Louis ...thous. of lbs. Shipments, St. Louis ...thous. of lbs. Price, slab, prime western... ....dolls, per lb. + 50.6 + 45.6 661,674 969,434 201,079 237,458 228,170 + 13.5 195,628 - 17.6 46.5 1913 1913 138 44 71 76 124 139 48 65 61 129 144 65 77 76 114 135 56 46 38 117 146 ..... + 5.2 + 19.S 63 57 *""49 I 13.0 16.3 43 52 O.0 114 114 1913 1913 1913 1913 1913 155 185 153 158 77 146 204 132 94 82 156 152 151 133 88 128 160 124 98 93 199 166 151 37 03 1913 Tin. Stocks, end of month: United States World visible supply Deliveries (consumption) Imports Wholesale price, pig tin 52,590 118,060 65,344 + 24.3 142,121 + 20.4 1921 140 147 151 144 144 13,254 189,051 115,879 - 38.7 1913 340 242 197 121 108 9,615 105,142 78,271 - 25.6 1913 165 110 90 87 101 • 072 1913 152 165 153 156 161 »Overtime was reported sufficient to offset all idle hours and leave an excess. * Six months' average, July to December, inclusive. • Revised. w figures are incomplete, owing to failure of two or three companies 7,745 \ 10,729 .069 58 158 185 119 99 - 70.8 5.1 + 22.5 I 13.2 + 6.5 4.2 138 141 + 30.7 + 21.7 123 O.0 156 to report. 33 TREND OF BUSINESS MOVEMENTS—Continued. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or arc repeated for special reasons; detailed tables covering back fipures for these Items will be found a t the end of this bulletin. For detailed tables covering other items, see last quarterly issue of the SURVEY ( N O . 27). October, 1923. In many canes December figures arc now available and may be found in the tpectal table on page 23. FUEL AND POWEK. Coal and Coke. Bituminous: Production thous. of short tons. Exports thous. of long tons. Prices: Mine a verago, spot, dolls, per short ton. Wholesale, Kanawha, f. o. b. Cincinnati dolls, per short ton. Retail,Chicago.. .dolls, per short ton. Anthracite: Production thous. of short tons. Stocks, distrib. points..thous. of long tons. Exports; thous. of long tons. PricesWholesale, chestnut, N. Y. .dolls, per long ton. Retail, chestnut, N. i dolls, per short ton. Coke: Production, beehive..thous. of short tons. Production, by-product thous. of short tons. Exports thous. of long tons. Price, furnace, Connellsville dolls, per short ton. November, 1928. Corresponding month, October or November, 1922. Pneumatic tires: Production Stocks, end of month. Shipments, domestic Inner tubes: Production Stocks, end of month Shipments, domestic Solid tires: Production Stocks, end of jnontM Shipments, domestic CUMULATIVE TOTAL THROUGH LATEST MONTH. <+> or decrease (-) cumulative 1923 from 1922. 192*2 10-23 358,064 9,555 505,010 + 41.2 18,077 + S9.2 I N D E X NUMIUCKS. BASE YI3AII OH PERIOD. 1922 45,262 1,018 2.25 2.55 4.11 1913 356 3.89 8.77 3.89 8.75 6.39 10.83 1913 1913 8,724 1,065 401 7,746 8,535 236 440 201 227 112 6 141 11.47 11.48 10.52 14.58 14.58 13.83 1,290 1,103 ,1,138 6,806 3,099 2,942 49 25,434 332 3.85 3.81 2,925 38' 7.19 87,202 + 07.0 +112*5' 501,060 110,627 529,178 175,094 16,141 16,911 +148.5 34,513 + 35.7 1,057 +218.4 663,636 + 32.4 6S,120 - 41.6 642,027 + 21.3 132,202 - 24.5 15,395 » 4.6 1923 (+) |! Oct. i Nov. i Aug. j Scpt.j Oct. ! Nov 42,900 1,253 44,291 Per cont inor decrease 49,171 1,489 Petroleum. Crude petroleum: 64,526 47,531 Production thous. of bbls. 6 65,977 Stocks, end of month: 265,017 Total (comparable) thous. of bbls. 5 319,030 326,894 159 154 147 Days' supply number. Tank farms and pipe lines thous. of bbls. 315,356 323,366 50,364 33,669 32,765 Refineries thous. of bbls. 6, OSS 7,364 Imports thous. of bbls. 61,204 54,072 Consumption thous. of bbls. 11,974 11,529 • 12,085 Shipments from Mexico thous. of bbls. 1.050 1.238 1.250 Price, Kansas-Oklahoma...dolls, perbbl. 1,140 1,007 1,450 Oil wells completed number. Gasoline: 567,101 Production thous. of gals. 659,061 617,558 82,504 53,656 Exports thous. of gals. 41,572 481,280 Domestic consumption thous. of gals. 617,700 538,309 776,724 Stocks, end of month thous. of gals. 946,873 085,046 Kerosene oil: 234,436 Production thous. of gals. 191,346 220,811 Stocks thous. of gals. 224,954 232,114 257,879 Gas and fuel oil: 891,590 Production thous. of gals. 1,069,800 1,057,932 Stocks ; thous. of gals. 1,436,591 1,499,926 1,352,348 Lubricating oil: 88,003 96,120 89,271 Production thous. of gals. Stocks thous. of gals. 218,485 231,335 226,430 AUTOMOBILES. Production: Passenger cars number. Trucks number. Shipments: By railroads carloads. Driveaways number of machines. By boat number of machines. Internal revenue taxes collected on: Passenger automobiles and motor cycles thous. of dolls. Automobile trucks and wagons thous. of dolls. Automobile accessories and parts thous. of dolls. „ , RUBBER. Crude: Imports thous. of lbs. Per cent increase NUMERICAL DATA. from Oct. 10S i- 12.8 114 '- 15. H 123 193 110 101 334 195 195 123 136 183 201 225 177 183 177 181 177 162 112 'J Io2 116 35 153 33 2S Cl 114 40 13<J 0.0 182 - 0.2 102 - 11.2 47 |+ llJ.S 12s j - S.0 1913 198 200 210 216 210 1913 198 201 208 209 209 0.0 1913 41 53 49 46 39 - 14.5 1913 1909-13 276 52 30G 130 204 130 293 107 158 278 07 150 - 5.1 - 37.2 - 1.0 1913 1909-13 1913 1921 1900-13 207 + 13.3 + 0.1 1913 402 295 187 1913 231' 230 318 311 319 I 312 - 1913 1919 253 133 252 127 2S9 128 297 131 304 134 311 137 2.5 3.2 1919 1913 1913 1913 1913 1913 219 499 244 648 134 87 219 496 248 560 134 91 229 311 286 603 155 92 219 406 277 523 144 80 225 465 291 534 133 72 337 410 49.6 - 11.8 - 3,5 3.9 - 15.2 - 11.7 1S7 - 6.3 173 - 35.0 168 12.9 209 + 4.0 113 + 15.4 80 + 6.3 555 112 63 1.2 5,617,185 532,322 4,947,228 6,896,877 + 22.8 767,048 + 44.1 6,130,627 + 23.9 1919 1919 1919 1919 172 139 171 153 172 136 168 164 197 250 212 223 236 229 206 200 269 216 200 2,080,086 2,114,012 1.6 1919 1919 110 85 120 S6 95 81 '99 79 93 75 9,734,116 11,000,856 + 13.0 1919 1919 145 178 140 176 159 190 162 192 16S 186 166 195 + 1.1 4.4 888,967 999,621 + 12.4 1919 1919 124 135 127 140 124 136 124 133 125 135 136 143 + + 9.2 5.9 - 15.0 - 7.4 334,966 30,141 284,680 27,914 » 215,352 * 21,949 2,131,758 225,927 3,361,090 + 57.7 348,230 + 54.1 1919 1919 157 82 156 228 117 216 109 243 114 200 100 42,236 37,947 39,850 29,100 7,000 27,232 27,376 5,070 304,326 277,258 56,913 437,163 + 43.6 517,039 + 86.5 78,159 + 37.3 1920 1920 1920 130 90 162 130 70 103 183 117 214 172 101 180 202 97 163 190 - 5.6 74 - 23.3 1. 8,359 9,543 5,559 64,744 96,704 + 49.4 1920 166 132 120 137 | + 14.2 1920 71 67 79 62 1- 21.3 + 11.3 1920 82 66 85 07 - 20.7 625,742 + 4.4 342,480 + 14.6 1913 1921 1913 1921 770 172 24 100 563 160 27 100 443 137 29 71 268 119 30 81 409 135 27 85 361 129 2o - n.s + 12.2 1921 1921 1921 147 111 136 150 118 125 130 144 147 112 12S 138 130 116 143 130 112 132 + 0.2 - 3.4 - 11.0 1921 1921 1921 168 I 171 15S 152 188 144 141 161 171 151 157 147 - 13.6 145 - 3.9 144 - 8.1 1921 1921 1921 242 j 243 136 114 104 105 103 105 105 102 109 81 - 21.6 73 - 23.0 0.0 110 1,003 789 915 8,820 10,106 + 14.6 3,614 2,865 3,576 32,287 39,473 24,114 .215 65,168 34,823 23,109 204 54,344 28,672 .219 t76,763 599,248 298,803 thousands. thousands. thousands. 2,361 4,876 2,820 2,365 4,709 2,511 2,733 4,965 2,380 28,041 *26*28S *36,"434 +"i5.*8 thousands. thousands. thousands. 3,855 6,898 3,596 3,331 6,626 3,306 3,851 6,210 3,075 34,726 41,678 + 20.0 32,830 39,941 thousands. thousands. thousands. 37 235 48 29 181 48 86 235 61 709 653 » Revised. 624 35,949 31,472 - 7.9 *6.*3 t October. 120 i 136 149 134 93 i 102 162 I 140 -4.2 - 5.1 34 TREND OF BUSINESS MOVEMENTS—Continued. I' NUMERICAL DATA. NOTK.— I t r i m marked with an asterisk (*) Imvv not bom published previously in the SUKVKV or nro repeated /or .special reasons; CUMULATIVE TOTAL detailed tables covering back U^ures for these CorreTHROUGH items will l*» found at the end of this bulletin. sponding LATEST MONTH. For detailed tables covering othrr items, sec No vein* month In^t (|tiart*Tly issue of the PUHVEY (No. 27). OctolHT, IKT, October 1023. 1923. or NoIn many ca*va December figures are vember, now araitablc and may he found in the 11)22 1923 1922. Mpvctal tattle on page 23* Per cent increase (+) or decrease (-) cumulative 1923 from 1922. INDEX NUMBERS. BASE YEAR OR PERIOD. 1922 Per cent in- 1923 or decrease Oct. Nov. Aug. Sept. Oct. from Oct. Nov. IIIDICS AND L t i A T I I t i l t . Hides. Imports: Total hide.* and skins thoiis. of lbs. Calfskins thoiis. of lbs. Cattle, hide;; thotis. of lbs. On.Uskins thous. of lbs. Sheepskins thous. of lbs. Storks, end of month: Total hides and skin3 thoua. of lbs. Cattlo lildes thous. of lbs. Calf and kin skins thous, of lbs. Sh nd lambskins thous. oflbs. r: Ore^n salto<ll packer's heavy rutivo steers dolls, per If), Calfskins, country No. 1 dolls, per Ib. Leather. Production: Solo leather...thous. of bks., bonds, sides. Skivers doz. Oak and union harrows stlifted sides. Finished solo and belting—thous. oflbs. Finished upper thous. of sq. ft. Stocks, end of mouth: Solo and belting thous. oflbs. Upper thous. of sq. ft. Stocks, in process of tanning: Solo and belting thous. of lbs. Upper thous. ofsq. ft. Exports: Solo thous. of lbs. Upper... thous. ofsq. ft. Prices: Solo, oak, scoured backs, heavy* Boston dolls, por lb. Chromocalf," B " grades, .dolls, per sq. ft. 23,506 4,202 13,5S2 4,W2 4,301 26,S69 3,035 14,359 4,120 3,740 63,650 6,764 40,439 7,408 6,20S 325,402 202,915 40,211 22,217 314, &32 251,138 41,103 19,591 378.5SS 294,970 60,006 23,522 1921 1921 1921 1921 84 83 97 .151 .150 .141 .148 .228 .189 1913 1913 123 104 124 100 1,511 40,601 147,130 26,4Oi 77,910 1,309 43,039 135,425 23,518 71,651 1,482 33,797 134,5S9 25,644 81,774 1919 1919 1919 1921 1921 211 112 102 141 79 145 113 100 141 ISO,176 378,94S 179,292 3S0,133 168,771 402,569 1921 1921 87 95 91 91 90,573 155,972 OS,038 151,979 100,500 162,545 1921 1921 90 99 98 96 1,035 5,657 2,292 5,529 635 7,628 1913 1913 24 44 59 45 .465 .440 .455 .440 .525 .450 117 167 115 163 109 163 447 827 347 642 463 826 4,715 7,863 30,705 573 26,839 628 * 30,076 501 296,023 4,876 6.25 6.25 4.85 4.85 4.25 26,2S5 491,305 49,018 288,772 73,077 55,819 501,151 45,782 279,818 79,910 72,176 16,261 17,442 262,705 424,971 1,119,010 1,503,938 269,037 306,474 797,607 364,520 14,449 74,540 + 2.6 - 6.6 - 3.1 + 9.4 + 29.3 + 7.3 + 61.8 + 34.8 + 13.9 + 8.4 16,362 + 13.2 68,123 - 3.6 a 1909-13 1909-13 1909-13 1909-13 1909-13 161 145 209 116 125 149 99 211 90 119 87 103 71 67 51 67 71 104 80 80 84 + - 6.0 27.3 5.7 17.5 14.8 - 3.0 - 3.3 + 2.1 - 11.9 I - 8,4 5 91 168 113 120 134 1913 1913 119 173 5,049 1+ 7.1 9,437 "+ 20.0 1919 1919 70 63 328,331 + 10.9 6,809 + 39.6 1919 1913 110 63 109 109 62 6.35 1913 204 201 4.85 1913 153 4.25 4.25 1913 91,302 30,666 116,224 27,475 126,937 122,073 124,891 114,424 1,124 21,934 119,720 117,176 108,363 1,312 24,040 127,983 1,328,284 1,371,010 + 3.2 128,077 1,332,569 1,363,482 !+ 2.3 93,115 930,773 1,193,168 + 28.2 1,280 23,777 14,479 - 39.1 19,651 775 139 714 119 310,705 223,085 82,710 286,200 208.120 78,071 81 79 83 77 74 86 75 165 114 98 123 91 81 174 123 103 134 73 184 113 .92 124 + - 9.4 6.0 8.0 10.9 8.0 93 90 93 - 0.5 90 + 0.3 90 95 - 1.5 - 2.6 +111.2 42 64 I 2.3 101 163 - 2.2 0.0 Leather Products. Beltlnc sales: Quantity thous. of lbs. Value thous. of dolls. Boots and shoes: Production thous. or pairs. Exports thous. of pairs. Wholesale prices— , Man's black calf, bliicher doll3. por pair. Men's dross welt, tan calf, St. Louis dolls, per pair. Women's black kid, GoorfyeartveltfSt, Louis dolls, per pair. 63 61 - 22.4 - 22.4 100 69 111 63 - 12.fr + 9.5 209 202 201 201 0.0 153 153 153 153 153 0.0 141 142 142 142 142 142 0.0 1909-13 1909-13 157 429 167 497 153 393 155 337 160 358 186 455 1919 1919 1913 1913 1919 114 113 644 31 112 111 536 36 82 116 112 96 96 601 33 103 107 109 625 31 92 105 102 592 36 100 81 97 138 153 107 126 139 101 65 PAPER AND PRINTING. Woo<l«pulp Imports, Mechanical short tons. Chemical short tons. 185,132 264,056 + 42.6 888,454 1,016,577 + 14.4 Newsprint Paper. Production short tons Shipments short tons Imports short tons. Exports short tons. Stocks, end of month, at mills » . . .short tons. Printing. Activity, weighted index number. Book publication: American manufacture number Imported number. Paper Boxes. Production: Total thous. of sq.ft.. Corrugated thous. of so. ft., Sold fiber thous. ofsq. ft.. Operating activity: Jotal per cent of normal., a0?!??!?**1 per cent of normal., s< „ , ?lid fiber percent of normal.. Price index numbers: Finished board— Corrugated index number., Solid fiber index number. Raw materials— 85 test liners index number.. ^PP index number.. index number., o Average. Sept. '20 * Revised. 732 123 6,334 1,235 6,931 + 1,164 - 28 107 94 9.4 5.7 1913 1913 302*958 2,436,375 3,236,408 + 32.8 213,177 1,599,572 2,335,620 + 46.0 59,781 836,803 000,858 + 7.7 81 80 1922 1922 1922 143 150 130 134 143 116 126 153 107 113 142 1922 1922 117 121 117 122 105 109 105 107 104 109 103 103 1922 1922 1922 124 145 133 124 134 133 114 121 105 112 115 105 108 115 105 106 110 105 84 - 1.9 _ 6.2 - 5.3 -H - 8.7 5-6 6.3 2.3 zti 3f> TREND OF BUSINESS MOVEMENTS -Continued. marked with an asterisk (•) i () b l i h d previously i l IIn the h have not Ixvn published HUHVKY or arc repeated for special reasons | detailed tables covering back figures for these Items w ill be found at the end of this bulletin. For detailed tables covering other Items, seo last quarterly Issue of the SrnvEV (No. 27). October, T I : I i N'OTI:.—I In many ca*c* December figure* are note available and may be found in the •pedal table on page 23. IVr cent NUMK1UCAL DATA. CUKULATIVi: TOTAL THRUlfOIl LATEST MONTH. Corresponding Novem- month, October ber, or November, 1922. ! V ! or de, croa-e ;X NUUUKU8. )Vr o<nt HAM: ( * ) yr.AU or dt) Nov. 1 floui Oct. I Nov. i, AUK- , Sept. Oct. Nov. Oct. on i ( -> ' nimulallvc* v.m , from ! PAPER AM) PRINTING—Continued, Other Paper Products. Fold inc; boxes, orders percent of capacity.. Lalx 1 ^ orders percent of capacity.. Hope paper sacks, shipments..index number..] Abrasive p.i|>er and cloth: j Domestic sales reams.. Foreign sales reams. J ff/j.o i OS. 0 93.4 f K9. 0 201 123 i:>f. 1919 1919 120 101 1)2 KU 10a 111 i(»i 81,0JS 11,371 77,034 10,521 70,257 10,007 45.8 14,207 45. 8 14,420 50.1 13,039 1922 1922 1919 73 51.3 50.7 62.1 ,52.0 .77. 4 01.9 57.8 54.6 "1021 " 1921 » 1921 1J0 601,007 9S'2,(i;i:> •+- 22.3 122,110 > + 30.0 no 1921 11*21 1021-22 107 no r 137 17. ) 131 , 123 i vzr> no , in*.] 134 ! 124 87 , 111 W • IKi , 4.2 7.6 114 BUTTONS. Fresh-water pearl buttons: Production per ct. of capacity.. Stocks, end of month thous. of grass.. I Si no 0.(1 nr» i i.r, 4 2, U 1.3 12.3 GLASS AND OPTICAL GOODS. Bottles, production index number.. Illuminating ulasswarc: Net orders per ct. of capacity.. Actual production j>cr ct. of capacity.. Shipments billed ]>er ct. of capacity.. Spectacle frames and mountings: Sales (shipments) index number.. Unlilled orders (value) index number.. ftfl 101 101 102 112 i 140 127 157 125 , 140 1H 37fi 76 , 392 3H 87 478 413 80 190 201 air. 20S 210 20;J 210 189 1M> 222 222 220 | 2*M + 0.4 192 192 , 200 190 200 190 204 ! 202 1 187 184 '- 1.0 1.0 127 [ I GO 1*39 1913 1919 163 l.VJ |•f + BUILDING CONSTRUCTION. BuUdlrtff Costs. Building materials: Frame house. 0-room * index Ilrick housc.G-room« index Building costs (Eng. News Kec.)« index Concrete factory costs (Abcrthaw)* index Plumbinp fixtures, 6 articles...index 1% 199 ; 203 :! 0.0 207 i 200 ,- 0 , 5 number.. number.. 1913 1913 number.. 1913 number.. number.. 1914 1913 ! 1913 ' 127 122 111 137 I 74 50 128 175 70 33 14.1 114 68 20 120 172 75 32 112 123 125 - 1.0 1 82 75 - S.9 44 <+ 45.3 30 174; 104 - 5 . 4 204 ' 184 - 9 . 7 | Construction a n d Losses. Building volume Index number.. Contracts awarded (27 States): Business -buildings thous. of sq. ft.. Industrial buildings thous. of sq. ft.. Residential buildings..... .thous. of sq. ft.. Educational buildings thous. of sq. ft.. Other public and scmipublic buildings '• thous. of sq. ft.. Grand total thous. of sq. ft.. Contracts awarded, value (27 States): Business buildinus .thous. of dolls.. Industrial buildings thous. of dolls.. Residential buildings thous. of dolls.. Educational buildings thous. of dolls.. Other public and scmipublic buildings *» thous. of dolls.. Grand total thous. of dolls.. Fire losses: United States and Canada, thoua. of dolls.. Great Britain... A thous. of £ sterling.. 7,582 3,877 35,00S 3,907 6,906 5,634 33,114 3,529 6,427 ; 6,415 28,759 2,180 69,524 61,349 285,446 52,263 85,300 57,014 323,7.% 40,90S 21.6 1919 1919 1919 1919 3,701 64,258 2,773 51,972 3,144 46,940 44,913 543,341 35,770 - 20.3 543,784 + 0.1 1919 1919 154 100 140 101 124 85 134 83 109 i 123 » 20.9 110 I 111 |- 4 . 2 30,085 30,092 150,9S4 21,923 29,792 42,694 147,716 21,722 29,938 470,433 29,242 305,704 122,469 1 1,227,284 289,095 13,058 13.4 15.7 17.8 U.5 1919 1919 1919 1919 95 05 157 175 89 OS 173 131 K) 41 102 211 115 Si Rj 135 91 | SH - 2.9 72 lOfl + 39.1 222 30i» - 5.9 220 218, - 0.9 24,950 319,SCO 17,873 289,263 21,985 244,360 239,491 ! - 21.4 3,226,202 + 2.8 1919 1919 102 118 150 152 114 i 118 142 118 172 149 123 135 31,398 715 29,702 30,776 t305 1919 1920 179 43 137 1 109 72 ' 133 128 93 140 101 13,'i '- 5 . 4 113 103 ! 97 < 78 , 133 100 98 107 79 84 115 111 105 79 102 109 97 97 hi + 109 + 5.3 195 190 192 184 - 4.3 154 154 : 189 319 201 155 K>5 157 308 190 100 101 17;, 214 201 160 154 181 413 201 0.0 *.4 3.2 ; 174 1 199 ! 170 13S 175 147 140 132 135 185 ,+ 27.4 1S2 + 3S.5 145 + 7.3 , 240 ! 221 259 195 223 275 225 247 237 - 3».O - l.Vt -4.0 63 40 45 56 35 47 29 39 44 - 48.3 + 10.2 - 7.1 I 304,706 3,137,700 363,464 5,209 407,202 353,091 1,440,189 247,072 303,850 - 4.7 - 6.1 + 13.4 - + + ~ 0.1 79.7 Lumber, southern pine: 480,292 105 400,5 104 Production (computed) M ft. o. m. 1917 443,3S9 4,778,780 ! 5,025,374 + 5.2 105 489,729 427,2S5 84 Shipments (computed) M ft. b. m. 1917 458,362 4,717,654 1 5,124,122 + 8.1. 102 432.512 468,709 80 Orders (computed) M ft. b. m. 0.4 1917 45*1,377 4,955,328 4,937,750 93 93 Stocks,cnd of rao.fcomputed).M ft. b . m . 1,080,368 1,115,880 1,274,418 1917 10t 55J54O 51,814 87 Exports Mft. b. m. 508,677 744,252 1919 53,157 30.9 Price, " B " and 210 211 42.27 bettci flooring dolls, per M ft. b . m . 49.27 44.17 1913 ucla* fir: 557,151 138 Production (computed) M ft. b . m . 474,961 4,918,451 6,627,370 ;+ 14.4 1917 557,330 498,553 114 1917 Shipments (computed) M ft. b. m. 521,518 356,333 4,507,300 5,705,990 !+ 27.9 45,368 150 45S,9fi7 ! - 20.0 578,377 1919 Exports, lumber M ft. b. m. 43,971 30,574 140 85 59,410 328,409 1 + 102.9 101,820 Exports, timber M ft. b.m., 1922 30,783 10,084 70 212 18.50 Price, No. 1 common.dotls. per M ft.b.m., 1913 18,50 19.50 212 i aiiforaia redwood: 170 69,774 140 Production (computed) 66,105 1918 ..Mft. b. m., 54,774 556,893 | 593,005 r + 7.6 182 52,058 125 37,599 51,9SS 1918 ..Mft b.m., 474.535 559,098 ii+ 17.9 Shipment^ (computed) ! 204 41,745 38,921 108 b.m.. 58,499 1913 ..Mft. 522,103 533,138 1 + 2.1 Orders received (computed). t alifoniia white pine: 233 101 ..Mft. b. m.. 144,424 84,497 1918 95,204 751,148 l,167,fi9S 167,fi9S 1+ 5:>.4 Production 155 184 . .M ft. b.m., 71,821 58,828 493,942 6S7365 1918 6S7,36.5j+39.2 Shipments 60,S51 187 184 489,042 1913 ..Mft. b .m.. 654,668 Stocks 628,591 Miehican softwood: 49 25 5,027 1917 ....Mft. b . m . 9,725 4,299 86,491 95,772 + 10.7 Production 48 49 -—i'.»«.u»j.».......».*••....*.M ft. b. m. 6,838 0,205 8,701 87,152 85,402 1.9 1917 Shipments .„ 51 47 stocks, end of month * M ft. b . m . 40,247 49,806 50,085 1917 * Revised. • M of first of following month. J3 Twelve months* avcracc, July to June, inclusive. u TwHve months1 average, May to April, Inclusive. u Includes hospitals, public buildings, sodal, religious, and memorial buildings forraerlv shown separately in tbc Survey of Current 1 October, 1922. no ; 1 • 78 40 42 Business. - 28.4 - 9.6 - lM 181 \n + 2A 7.2 4- 93.0 0.0 36 TREND OF BUSINESS MOVEMENTS—Continued. SURVEY or are repeated for special reasons; detailed tables covering back fibres for these items will be found at the end of this bulletin. For detailed tables covering other items, see last quarterly issue of the SURVEY (NO. 27). In many cases December figures are now available and may be found in the special table on page 23, October, 1928. November, 1023. Corresponding month October or November, 1922. INDEX NUMBERS. Percent ncreasej NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) have not been published previously in the CUMULATIVE TOTAL THROUGH LATEST MONTH. or decrease cumulative 1923 from 1922. 1922 1923 166,885 + 16.0 162,138 + 23.5 BASE TEAR OB PERIOD. •ercent increase 1923 1922 Oct. Nov. Vug. 1& 3ept. Oct. fe*. tfov. from Oct. BUILDING CONSTBUCTION—Contd. Lumber—Continued. Michigan hardwood: Production Mft.b.m. Shipments M ft. b. m. Stocks, end of month M ft. b. m. Western pine: Production (computed) M ft. b. m. Shipments (computed) M ft. b. m. Stocks, end of mo.(computed).-M ft. b. m. North Carolina pine: Production (computed)— ..Mft.b.m. Shipments (computed) — ..Mft.b.m. Northern pine: Lumber— ..Mft.b.m. Production. ..Mft.b.m. Shipments Lath..Mft.b.m. Production ..Mft.b.m. Shipments Northern hemlock: Production Mft.b.m. Shipments M ft. b. m. Northern hardwood: Production Mft.b.m. Shipments Mft.b.m. Gum:* Total stocks, end of mo M ft. b. m Unsold stocks, end of mo.. ...Mft.b.m. Unfilled orders, end of mo. ..Mft.b.m. Oak:* Total stocks, end of mo.... ...Mft.b.m. Unsold stocks, end of mo.. ...Mft.b.m. Unfilled orders, end of mo., ...Mft.b.m. All hardwoods: * Total stocks, end of mo M ft. b. m. Unsold stocks, end of mo M ft. b. m. Unfilled orders, end of mo M ft. b. m. Walnut lumber: Production M ft. b. m. Shipments Mft.b.m. Stocks Mft.b.m. Walnut logs: Purchases lift, log measure. Mado into lumber and veneer M ft. log measure., Stocks Mft. log measure., All lumber: Production, 10 species M ft. b . m., Exports, planks, joists, etc M ft. b. m., Rot ail sales, Minneapolis M ft. b. m.. Composite lumber prices: Hardwoods dolls, per M ft. b. m.. Softwoods dolls, per M ft. b. m.. 1917 1917 1917 7.9 1.4 9.2 1917 1917 1920 13.9 19.2 0.0 8.2 7.8 1919 1919 2.9 5.8 514,925 538,565 589,311 + 14.4 522,881 - 2.9 1920 1920 7,503 10,085 146,555 127,042 152,554 141,764 + 4.1 + 11.6 1920 1920 57.4 53.1 17,288 24,613 17,963 261,804 292,565 293,997 12.3 285,960 - 2.3 1913 1913 30.0 6.3 27,900 44,469 25,372 42,738 22,879 41,653 287,732 373,723 416,449 + 44.7 420,142 + 12.4 1913 1913 143,714 108,117 50,799 157,260 114,761 60,053 9.4 6.1 18.2 176,960 140,534 41,819 189,759 153,300 43,349 7.2 0.1 3.7 502,099 389,958 142,079 535,871 413,461 154,040 6,7 6.0 8.4 2,578 2,378 8,121 •3,009 2,623 8,506 1,843 2,298 2,618 2,229 3,441 2,342 3,895 ,464,503 145,920 13,691 15,614 84,046 12,322 ;3,525 109,786 143,856 131,2,73 147,929 »165,285 119 201 M41,918 * 1,058,585 .,058,289 149,253 106,071 993,484 1,378,214 1,433,644 50,869 50,295 52,360 53,200 55,090 59,500 584,780 583,740 536,634 538,055 - 48,037 52,326 22,350 44,251 52,741 12,131 15,257 5,163 7,156 24,711 26,260 14,865 15,391 92,554 52,710,563 127,844 15,463 1,660,278 1,436,753 + 20.5 + 0.2 9.1 3.9 175 122 109 84 123 106 78 143 123 80 16.7 10.3 4.7 108 159 125 157 + 13.9 1922 1922 113 73 144 160 144 161 168 165 5.1 13.2 1913 1909-13 1919 107 65 80 127 88 71 118 72 73 123 72 82 9.1 14.1 1921 1920 108 69 108 106 63 105 64 0.7 1.0 422,956 + 30.9 1920 1920 101 58 19,877 21,052 27,727 + 39.5 26,635 + 26.5 1922 1922 1922 1,583 15,671 26,340 + 68.1 1922 1,500 1,528 14,461 23,279 + 61.1 ?SS 53.5 15.4 55 208 ,359,837 25,292,379 27,877,772 + 10.2 115,243 1,427,085 1,577,474 + 10.5 121,292 t18,403 112,484 - 7.3 43.83 31.71 43.52 31.38 45.29 34.27 46,575 53,313 39,961 46,019 40,474 74,007 323,173 29,267 31,117 30,551 38,646 34,868 30,654 28,651 30,158 41,467 37,714 26,828 26,431 29,269 19,132 35,209 251,051 262,825 260,723 335,199 + 33.5 319,099 + 21.4 307,907 + 18.1 1913 1913 1913 1913 1913 395 486 393 211 445 402 440 480 213 486 501 450 451 377 428 506 5S2 448 453 438 518 501 429 481 459 + 477 I 494 461 520 12,312 11,595 9,394 19,861 14,797 11,813 9,858 9,022 22,159 15,129 12,755 13,010 11,281 23,908 20,580 124,101 105,881 131,881 129,169 4- 4.1 132,784 4- 25.4 122,633 - 7.0 1919 1919 1919 1919 1919 134 103 83 158 57 127 110 80 155 54 124 99 51 127 49 104 84 61 128 46 123 98 66 129 39 118 - 54,502 48,918 184,525 44,671 60,400 56,546 54,423 155,876 54,187 71,096 504,512 489,729 676,985 + 34.2 646,449 + 32.0 538,017 636,718 + 18.3 1919 1919 1919 1919 1919 110 11' 110 99 76 111 107 112 105 76 123 117 122 98 81 110 100 125 94 78 120 111 129 93 69 107 97 133 87 64 9,666 8,519 43,771 13,871 11,359 42,269 119,490 115,283 150,227 + 25.7 151,357 + 31.3 1919 1919 1919 112 94 95 99 81 101 88 88 100 71 70 100 80 102 69 -20.3 61 -2U 105 + 2.8 21,575 49,303 29,002 17,836 246,211 *54,uo;> 254,899 + 3.5 227,126 243,560 + 7.2 1919 1919 1919 "1920 1S2 160 134 151 151 161 105 145 171 177 168 174 140 134 146 139 165 141 116 162 13$ - 1 6 . 4 145 105 128 Wooden Furniture. Shipments Unfilled orders dolls., average per firm.. dolls., average per firm.. Flooring. Oak flooring: Production M ft. b. m.. Shipments Mft.b.m., Orders booked Mft.b.m., Stocks, end of month M f t. b. m.. Unfilled orders, end of month..M ft. b. m., Maple flooring: Production M ft. b. m.. Shipments Mft.b.m O rders booked M ft. b. m., Stocks, end of month M ft. b. m. Unfilled orders, end of month. .M ft. b. m., Brick. Clay fire brick (computed): Production -.. .thousands.. 61,265 Shipments thousands. 56,468 Stocks, end of month thousands. 178,841 New orders thousands.. 47,974 Unfilled orders thousands.. 64,332 Silica brick (computed): Production thousands.. 12,124 Shipments thousands.. 11,250 Stocks, end of month thousands.. 42,597 Face brick (32 identical plants): Production thousands.. 25,800 Stocks on yards » thousands.. 47,861 Unfilled orders thousands.. 31,979 Shipments thousands. 22,646 * Revised. to d l 5 t R e p r e ^ e t n t | t o c t k s °f fini ed ^ 4«7 7.9 1.3 4.1 - 15.0 _ 4.0 + 11.6 + 2.2 -11.0 - 13.4 + 3.2. Z 6.9 - 6.1 its -2L2 brick on yards and does not include formed brick in kilns as reported prior to September, 1923. Current data therefore are not oomparable J« Ten months' average,' March to December. Inclusive, t October, 1922. 28,947 * 20,255 14.2 13.7 42 37 TREND OF BUSINESS MOVEMENTS—Continued. NOTE.—Items marked with an asterisk (*) havo not bsen published previously in the SURVEY or aro repeated for special reasons; detailed tables covering back figures for these items will bo found at the end of this bulletin. For detailed tables covering other items, see last quarterly issue of the SURVEY (NO. 27). ' October, 19-23. In many cases December figures are now available and may be found in the special table on page 23* Per cent ncreaso NUMERICAL DATA. November, 1923. Corresponding month, October or November, 1922. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1922 1923 (+) or de crease (-) cumulative 1923 from 1922. INDEX NUMBERS. BASS YLAIl OR PERIOD. Per cent increase <+) or dc:crease I Oct. A u g . ! Sept. Oct. I Nov >U from Oct BUILDING CONSTRUCTION—Contd. Brick—Continued. Paving brick: * ProductionActual thousands.. Relation to capacity per cent.. Shipments thousands.. Stocks, end of month thousands.. Orders received thousands.. Cancellations thousands.. Unfilled orders.end of month..thousands-. Prices, common brick: Wholesale, red, New York, dolls, per thous.. At plant, salmon, Chicago.dolls.per thous.Cement. ' Production -thous. of bbls.. Shipment .thous. of bbls.. Stocks, end of month thous. of bbls.. Price, Portland: Chicago district dolls, per bbl.. Lenigh Valley dolls, per bbl.. Concrete paving contracts: Total. thous. of sq. yds.. Roads thous. of sq. .yds.. 34,317 80 34,287 76,613 23,173 807 64,531 28,212 72 19.00 8.93 18.00 8.61 14.75 8.70 13,350 14,285 5 4,612 12,603 10,251 6,964 11,349 10,167 5,320 1.75 1.90 1.67 1.90 1.75 1.90 7,486 4,191 5,356 3,287 3,528 2,789 75,396 55,257 74,245, 47,385 - 1.5 14.2 2,396 28,542 28,460 - 0.3 17.8 10.0 36.7 1.2 45.6 0.0 0.1 21,689 77,570 12,601 812 64,435 225 1913 1913 105,199 111,705 126,969 + 20.7 129,143 + 15.0 6.3 4.1 1913 1913 1913 1C9 203 5-4 174 193 41 5.6 28.2 51.0 1913 1913 173 214 173 214 4.6 0.0 1919 1919 197 163 16S 122 28.5 21.6 Roofing. Prepared roofing: Shipments thous. of roof squares.. Roofing felt: Production, dry felt tons.. StocksTotal tons - Dry felt tons.. ReceiptsRags tons.. Paper tons.. Miscellaneous tons.. 137 115 3,008 2,585 124 - 14.1 17,892 16,153 Jan., '23 116 - 11,210 1,686 17,10* 6,228 96o 9,963 1,592 Jan.,'23 Jan., '23 95 92 11.1 5.6 VS. 960 5.789 840 Jan.,'23 Jan.,'23 Jan.,'23 97 91 116 6.7 7.0 13.0 number. number. number. 107,308 29,340 101,864 87,182 34,874 82,599 74,943 33,126 number. number. number. 141,206 43,583 126,474 115,822 59,379 102,791 90,324 59,645 108,976 number. number. number. 135,527 53,346 136,963 110,315 62,072 114,010 number. number. number. 64,707 49,785 60,567 68,861 43,334 62,499 42,429 50,451 62,935 number. number. 189,705 735,351 184,606 701,490 188,023 600,4€6 1919 9.7 Sanitary Ware. Baths, enamel: Orders shipped Stocks Orders received Lavatories, enamel: Orders shipped Stocks Orders received Sinks, enamel: Orders shipped Stocks Orders received Miscellaneous, enamel: Orders shipped Stocks Orders received Unfilled orders: B a ths Small ,vare 1919 1919 1919 228 64 110 217 79 128 253 69 105 242 66 102 310 70 14G 252 83 US [- 18.8 + 18.9 - 18.9 1,250,748 ; 1,271,487 1919 1919 1919 191 40 127 197 43 148 259 30 132 235 28 116 309 31 172 263 42 140 - 18.0 + 36.2 - 18.7 17.0 96,64o 1,021,461 i 1,195,418 fil,183 139,373 1,335,548 1,338,134 + 6.'2 1919 1919 1919 178 44 117 177 49 358 206 39 113 188 37 101 248 42 156 202 .9 130 - 18.6 + 16.4 - 16.8 484,111 603,642 + 24.7 646,844 668,498 -f '3.3 1919 1919 1919 154 63 124 149 63 150 210 58 124 182 51 100 228 62 149 207 54 149 | - 9.0 - 13.0 3.2 1921 1921 396 461 465 590 619 473 580 465 569 45! M3 - 1922 1922 1922 116 87 52 143 111 51 12* 57 39 111 I 123 60 I 89 49' I! 51 1922 1922 1922 113 125 77 140 142 73 115 74 104 100 83 105 115 113 103 135 142 100 •f 17.5 ,+ 25.7 i - 3.6 1922 1922 115 99 144 116 84 101 85 113 99 127 98 + 13.0 » 0.8 1909-13 1909-13 49 157 49 211 97 131 65 119 106 69 71 - 35.4 - 46.4 264 132 t 58 1,438 1,548 1,849 11,653 82 126 62 92 + 49.2 - 10.7 + 33.5 787,529 948,832 20.5 986,206 i 1,012,196 980,381 ! 1,146,692 + 17.0 2.7 4.C CHEMICALS. Acetate of lime: i .thous. of lbs. 5 12,730 Production 108,571 i 150,322 4- 38.5 14,922 14,886 thous. of lbs. M2,108 Shipments or use 1437SS4 j 145,795 + 1.3 14,051 15,170 thous. of lbs. 5 18,405 Stocks, end of month 18,237 19,711 Methanol: gallons, Production 650,058 763,630 795,879 5,917,306 7,912,860 + 33.7 gallons, pe 715,425 899,295 Shipments or use 902,25S 6,727,214 i 7,218,009 + 7.3 gallons. |%842,893 |2,739,698 |2,003,229 Stocks, S t k endd off month th Wood at chemical plants: cords. 670,081 5 72,109 Consumption (carbonized) 92,134 81,461 32.8 Stocks, end of mo 815,541 cords. '821,805 902,422 Imports: 226,273 ' 206,133 ! - 8.9 Potash long tons. 22,446 10,322 14,506 495,290 801,230 + 61.8 56,788 105,954 30,456 Nitrate of soda long tons. Exports: 7,874 - 34.0 11,939 356 513 531 Sulphuric acid thous. of lbs. 4,686 5,S3S + 24.6 535 483 478 Dyes and dyestuffs thous. of dolls. 869,966 1,045,043 + 20.1 63,789 92,074 85,133 Total fertilizer long tons. NAVAL S T O H E S / 1 1909-13 1909-13 1909-13 84 79 1,564 1,670 67 17.2 + 16.0 7.1 urpentine (3 principal ports): stocks 33,253 37,141 26,586 39,221 26,582 40,161 236,184 290,872 barrels.. 115,428 barrels.. * Revised. 106,088 316,820 105,800 352,465 885,484 1,051,884 "!*.*.;*.;!'.!;;;;;;i;!;!!barreis;! ^™ Stocks J T 23.2 .+ 18.8 1919-20 1919-20 174 103 174 129 287 95 234 117 218 119 174 126 - 20.0 + 5.6 1919-20 1919-20 14! 166 189 176 247 131 204 144 206 14' 190 158 |+ Eight months' arerage, May to December, inclusive. 8.1 7.3 38 TREND OF BUSINESS MOVEMENTS—Continued. NoTE.~It?ms marked with an asterisk (* have not been published previously in thi SURVEY or are repeated for special reasons detailed tables covering back figures for these items will be found at the end of this bulletin For detailed tables covering other items, sec last quarterly issue of the SURVEY ( N O . 27). Octobe: 1923. In many cases December figures are now available and may be found in the special table on page 23. NUMERICAL November, 1923. Corresponding month, October or November, 1922. Per cent (increase DATA. (+) CUMULATIVE TOTAL THROUGH LATEST MONTH. or decrease (-> cumulative 1923 from 1922. 1922 1923 49,545 - 30.8 582,420 + 1.0 205,713 + 28.8 INDEX NUMBERS. BASE YEAE OR PERIOD. Per cent in- 1923 1922 or decrease Oct. Nov. Aug. Sept, Oct. Nov. from Oct. FATS AND OILS. Total vegetable oils: Exports .thous. of lbs.. Imports thous. of lbs.. Oleomargarine: Consumption thous. of lbs.. Cottonseed. Cottonseed stocks -Cottonseed oil: Stocks Production Price, New York 3,69! 34,994 6,473 33,462 13,701 41,595 71,558 576,843 21,23i 24,101 19,806 159,663 tons.. 731,28: thous. oflbs.. thous. oflbs.. dolls, per lb.. Flaiseed. Receipts: Minneapolis thous. of bushs.. Duluth thous* of bushs.. .-Shipments: Minneapolis thous. of bushs.. Duluth thous. of bushs,. Stocks: Minneapolis thous. of bushs.. Duluth thous. of bushs.. Linseed oil: Shipments from Minneapolis.thous. of lbs.. Linseed-oil cake: Shipments from Minneapolis.thous. of lbs.. 7 1913 1913 18 258 47 194 8 234 124 13 164 22 + 75.0 156 - 14 1913 136 167 152 167 179 203 13.5 794,506 857,731 1919 152 167 23 82 143 155 + 93,858 192,534 *. 120 139,763 181,194 .118 116,859 184,612 1 .094 ' 6.5 1919 1919 1913 107 164 127 120 166 130 8 13 144 36 63 162 174 165 145 + 48,9 J64 162 i 85! 2,43' 1,255 1,531 60C 929 4,311 3,259 9,531 +121.1 +104.5 1913 1913 91 109 116 23 273 122 196 235 133 - 32.2 148 - 3 7 , 1 395 l, 57' 253 •182 940 1,171 2,584 1,474 [+ 25.9 4,198 '+ 62.5 1913 1913 124 61 171 55 253 143 162 1-35.9 64 j-55.6 50C i,75£ 767 627 674 1913 1913 33 22 155 26 + 53.4 -64.2 84 215 64 110 55 SO + 9.8 16,778 795,192 . 846,916 1+ 117 15,648 11,01 87,913 26,432 15,642 109,310 18,652 185,549 37,192 17,612 17,579 127,409 42,493 27,300 11,524 10,366 7,900 13,424 11,709 9,100 114,555 100,504 114,980 + 101,069 + 1.092 1.061 1.228 1.273 6.038 6.713 1913 140 146 133 5.213 5.706 1913 149 148 127 1,097 3,274 23,199 10,269 5,576 7,722 12,846 23,925 14,206 6,403 1913 1913 1919 1919 1913 183 153 160 161 153 22 23 146 148 128 .842 .722 1913 116 137 18,298 18,686 1,179 23,375 32,940 3,356 1913 1913 1913 .442 .445 4,493 264 4,104 1,563 .656 .678 3,534 981 .708 I 7,832 5,484 57,110 44,037 35,704 53,076 473,232 254,133 46.3 1913 1919 t67 t5,183 t16,172 t569 t2,550 910 124.314 76 205 18,936 32,452 752 144,126 103,726 27,722 43 364 17.4 15.9 36.1 16.4 33.6 1913 1913 1913 1913 1913 8.6 29.5 1913 77 180,237 !+ 64.9 1913 54 215,612 158,928 374,781 253,006 359,955 ! - 4.0 199,946 I - 21.0 1913 1913 1919 1919 211 255 153 141 148 248 135 137 167 130 207 132 196 144 130 157 303 129 95 102 - 1 7 . 0 361 + 19.3 118 - &1 ' - 7.3 1914 1919 1919 140 141 94 138 144 96 124 137 86 124 115 93 129 133 90 - 1913 1913 129 119 134 129 117 103 127 106 131 111 - 3.3 136 135 - 2.6 137 140 - 3.5 31 30 123 131 133 16 13 110 93 153 + 59. 140 142 113 189 111 128 95 41 139 118 1913 118 110 117 1913 1913 45 107 80 141 113,856 72 -6.7 24,07 FOODSTUFFS. Wheat. Exports, including flour thous. of bushs.. 22,465 Visible supply thous. of bushs.. 155,517 Receipts, principal markets. - thous. of bushs.. 40,488 .Shipments, prin. markets thous. of bushs.. is, 993 Wheat flour: Production thous. of bbls.. 12,561 Consumption thous. of bbls.. 10,850 Stocks thous. of bbls.. 8.500 Trices: No. 1, northern, Chicago, .dolls, per bush.. 1. No. 2, red winter, Chicago.dolls, per bush.. 1.097 Flour, standard patents, Minneapolis dolls, per bbl.. 6.200 Flour, winter straights, Kansas City dolls, per bbl. .| 5.400 Corn. Exports, including meal thous. of bushs. Visible supply. thous. of bushs.. 1,105 Receipts, principal markets...thous. of bushs.. 16,450 ^Shipments, prin. markets thous. of bushs.. 8,689 Ormdings (starch, glucose).. .thous. of bushs., 6,424 Prices, contract grades, No. 2, Chicago dolls, per bush.. l.oil 161,078 356,307 244,630 62,237 42,503 - 0.4 0.6 73.6 216.835 - 39.1 152,010 37.9 - Z8 8.3 4.5 7.1 Jffi til Other Grains* Oats: Receipts, principal markets.....: thous. of bushs.. I 28,710 Visible supply thous. of bushs.. * 20,488 Exports, including meal, .thous. of bushs.. 1,158 Prices, contract grades, Chicago dolls, per bush.. .439 Barley: Receipts, principal markets thous. of bushs.. 6,061 Exports thous. of bushs.. i_ 425 Price, fair to good, malting, Chicago dolls, per bush.. .678 Receipts, principal markets thous. of bushs.. 3,434 Exports, including flour...thous. of bushs.. 545 Price, No. 2, Chicago dolls, per bush.. . 720 Total Grains. Total grain exports, ind. flour.thous. of bushs.. •Carloadingsofgrainandgrainproducts...cars.. Argentine Grain. .Exports:e a f l o u r 5 3Vneat j 5 thous. of bushs.. J!i Corn .....thous. thous. thous. thous. t October, 1922. of bushs.. of bushs.. of bushs.. of bushs,. 20 468 49^428 101 6,256 9 877 2 174 1,447 15,668 49,890 207,805 34,834 36,193 17,671 219,559 + 5.7 10,472 41,021 + 13.3 11,429 I- 35.3 1913 41,663 - 27.0 30,598 - 3 0 . 5 1913 1913 1913 106 108 100 105 108 1,538 136 297 139 106 413 ,673 110 265 352 113 125 134 143 129 108 127 84 110 79 23 49 63 113 84 37 48 63 86 102 63 76 -36.3 -H + 1.8 - 3.2 -23.5 0* 39 TREND OF BUSINESS MOVEMENTS—Continued. NOTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for special reasons; detailed tables covering backfiguresfor these items will be found at the end of this bulletin. For detailed tables covering other items, see last quarterly issue of the SURVEY (NO. 27). October, 1928. In many cases December figures are now available and may be found in the special table on page 23. Per cent increase NUMERICAL DATA. November 1928. X Corresponding month October or November, 1922. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1922 1928 ( t> or docreaso (-) cumulative 1923 from 1922. INDEX NUMBERS. BASE YEAR OR PERIOD. 1922 Per cent Incrcaso 1923 or decrease Oct. Nov. I Aug. Sept. Nov. Nov. from Oct. FOODSTUFFS—Continued. Argentine Grain—Continued. Visible supply: Wheat Corn Flaxseed thous. ofbushs.. thous. of bushs.thous. of bushs.. Other Crops. Rice: Receipts at mills thous. of bbls... ShipmentsTotal from mills thous. of pockets.. Through New Orleans thous. of pockets.. Stocks, end of month, at mills thous. of pockets.. Imports .*» .pockets (100 lbs.).. Exports pockets (100lbs.).. Apples: Cold-storage holdings (1st of following month).. thous. of bbls.. Car-lot shipments carloads.. Potatoes, car-lot shipments carloads.. Onions, car-lot shipments carloads.. -Citrus fruit, car-lot shipments carloads.. Hay,receipts tons.... Sweet corn, unsold stocks, lowa-Nebr.... cases.. Cattle a n d Beef. Cattle movement, primary market: Receipts thousands.. Shipments, total thousands.. Shipments, stocker and feeder.thousands.. Slaughter thousands.. Beef products: Inspected slaughter produc. .thous. of lbs.. Apparent consumption thous. of lbs.. Exports...... thous. oflbs.. Cold-storage holdings (1st of following m o n t h ) . . .thous. oflbs.. Prices, Chicago: Cattle, corn-fed dolls, per 100 lbs.. Beef, fresh native steers. .dolls, per 100 lbs.. Beef, steer rounds, No. 2.dolls, per 100 lbs.. 3,700 4,000 1,200 2,690 3,200 800 2,590 7,200 1,000 1,512 1,912 1,780 8,779 1,287 8,635 437 2,887 969 1,236 237 20.0 20.0 33.3 1913 1913 1914 100 206 137 20.8 1919 292 26.5 7,427 14.0 1919 210 27.6 2,478 14.2 1919 171 30.0 1919 1919 1919 247 78 127 81.9 238.2 0.3 6,950 954 7,897 184,646 1,735 26,708 84,092 2,004 105,842 398,832 592,400 3,771,962 452,644 3,064,510 14.2 18.8 6,224 44,515 33,433 4,760 5,390 87,786 393,930 927 25,187 19,400 2,622 11,149 90,646 219,185 6,743 18,740 19,547 2,018 7,101 85,988 84,580 227,574 24,425 60,157 836,345 115,468 216,064 23,904 85,791 841,455 + 36. 5 5.1 2.1 + 42.6 0.6 1919 1919 1919 1919 1919 1919 1922 318 i 389 431 276 132 225 116 132 2,802 1,382 785 1,373 2,182 1,131 624 1,106 2,427 1,345 710 1,138 21,391 9,818 4,507 11,439 21,403 9,270 4,201 12,017 + + 0.1 5.6 6.8 5.1 1919 1919 1919 1919 143 176 196 114 118 150 161 100 108 118 109 102 112 129 143 97 136 155 178 120 - 22.1 18.2 20.5 19.4 519,099 491,326 14,205 12,086 t483,293 f455,986 14,568 4,123,716 4,020,930 162,692 4,293,615 + 4 206,222 + 153,529 - 4.1 4.6 5.6 1913 1913 1913 141 102 97 134 93 107 133 98 133 129 95 110 151 110 104 - 14.9 63,578 93,144 95,628 1919 28 40 19 20 26 10.450 17.50 15.50 9.844 17.50 13.60 10.500 15.50 14.00 1913 1913 1913 120 120 107 123 120 107 128 122 141 125 135 132 123 135 118 - 4,816 1,669 101 3,129 5,416 1,779 70 3,657 4,421 1,501 55 2,918 39,064 13,674 546 25,379 26.7 26.0 41.8 27.1 1919 1919 1919 1919 109 65 03 118 126 73 115 99 121 83 90 97 112 136 90 129 140 135 123 + 12.5 + 6.6 - 30.7 + 16.9 714,848 703,322 158,196 158,908 t 547,624 1548,421 124,574 5,861,702 4,686,535 1,331,023 7,365,059 + 25.6 5,827,450 + 24.3 1 798 740 + 35.1 1913 1913 1913 113 196 153 146 201 152 134 223 199 115 207 148 251 193 542,544 620,217 452,005 1919 47 50 95 75 59 7.775 21.90 7.131 20.90 8.244 21.30 1913 1913 112 140 99 128 96 134 103 134 93 132 - 8.3 4.6 3,465 2,443 1,489 981 1,816 1,084 540 777 2,288 1,465 757 881 20.851 10,969 3,911 9,849 20,526 11,034 4,324 9,461 1919 1919 1919 1919 146 181 197 101 101 121 131 84 117 144 155 85 153 202 258 93 - 47.6 55,6 63.7 20.8 f37,777 348,034 372,953 76 71 4 S5.1 43.4 • 42.0 • 44.9 •106.8 • 3.3 • 44.4 55 102 125 55 60 5 + 46.5 5.8 0.0 12.3 - Uogs a n d F o r k . !Hog movement, primary markets: Receipts, primary markets thousands.. Shipments, primary markets. .thousands.. Shipments, stocker and feeder.thousands.. Slaughter thousands.. Pork products: Inspected slaughter produc. .thous. of lbs.. Apparent consumption thous. oflbs.. Exports thous. oflbs.. Cold-storage holding (1st of following month)! thous. oflbs.. Prices: Hogs, heavy, Chicago.. .dolls, per 100 l b s . . • Hams, smoked, Chicago.dolls, per 100 lbs.. 49,503 17,227 774 32,256 + + + + 144 + 0.5 + 14.3 Sheep and M u t t o n . 'Sheep movement, primary markets: Receipts, primary markets thousands.. Shipments, primary markets. .thousands.. Shipments, stocker and feeder.thousands.. Slaughter thousands.. Lamb and mutton: Inspected slaughter produc. .thous. of lbs.. Cold-storage holdings (1st of following m o n t h ) . . .thous. of lbs.. Prices: Sheep, ewes, Chicago dolls, per 100 lbs.. Sheep, lambs, Chicago.. .dolls, per 100 lbs.. 39,799 1.6 + 0.6 + 10.6 3.9 + 7.2 1913 72 67 71 3,633 1919 41 43 20 24 24 + 0.9 5.656 12.275 6.438 14.050 1913 1913 114 173 137 180 123 164 117 169 113 164 121 15S + - 7.2 3.9 15,624 63,458 13,715 54,503 185,612 180,155 - 2.9 1919 1919 101 120 63 117 115 102 90 103 - 21.7 + 1.1 -Receipts at five markets thous. of lbs.. 27,412 57,819 Cold-storage holdings (1st of following month)... thous. of lbs.. 37,008 63,350 " Not available. 45,171 209,18S 265,751 + 27.0 1919 109 228 13S 292 +110.9 51,781 1919 45 78 56 + 71.2 1,997 2,015 5.275 12.775 19,954 62,744 Fish. Total catch, prin. fishing ports... thous. of lbs.. •Cold-storageholdings, 15thofmo.thous. oflbs.. Poultry. f October, 1922. 40 TREND OF BUSINESS MOVEMENTS—Continued. Per cent increase NUMERICAL DATA. NOTE.—Items marked with an asterisk (•) have not been published previously in the SURVEY or are repeated for special reasons; detailed tables covering back figures for these items will bo found at the end of this bulletin. For detailed tables covering other items, see last quarterly issue of the SUHVEY ( N O . 27).| October 1923. In many cases December figures are now available and may be found in the special table on page 23. INDEX NUMBERS. Per cent increase ( } Novomber, 1928. Corre- sponding month October or November, 1922. t CUMULATIVE TOTAL THROUGH LATEST MONTH. 1922 or decrease (-) cumulative 1923 from 1922. 1923 BASE YEAE OR PERIOD. 1923 1922 or decrease Oct. Nov. Aug. Sept. I Oct. Nov. kl from Oct. FOODSTUFFS—Continued. Dairy Products. Condensed and evaporated milk: Exports thous. oflbs.. Receipts at five markets: Butter thous. oflbs.. Cheese thous. of lbs..! Eggs thous. of cases.. Cold-storage holdings (1st of following mo.): Creamery butter thous. of lbs.. American cheese thous. of lbs.. Case oggs thous. of cases.. Wholesale prices at five markets: Butter dolls, per lb.. Cheese " dolls, per lb.. Fluid milk: Boston (includ. cream)..thous. of qts.. Greater New York thous. of cans.. Production—Minneapolis.... thous. of qts.. 17,539 22,181 12,004 177,649 164,494 - 7.4 1919 23 17 16 20 25 31 + 26.5 45, / 03 21,091 831 41,316 16,870 568 38,678 16,107 491 519,178 189,744 15,802 616,450 + 18.7 205,857 + 8.5 16,128 + 2.1 1919 1919 1919 90 112 84 99 41 128 137 101 112 113 100 130 70 90 104 48 - 9.6 - 20.0 - 31.6 76,418 58,048 6,650 51,559 55,105 4,031 47,773 37,291 3,257 1916-20 1916-20 1916-20 131 110 155 85 100 182 172 268 170 168 236 136 156 180 91 148 109 - 32.5 - 5.1 - 39.4 . 479 .256 .511 .248 .494 .249 1919 1919 79 80 74 79 78 83 81 83 15,738 2,403 16,684 14,783 2,2S2 17,559 14,097 2,123 11,439 164,345 24,632 145,177 + 3.4 27,198 + 10.4 195,941 + 35.0 1919 1913 1919 118 153 160 108 143 160 120 166 248 114 161 225 121 161 234 278,575 384,200 163,211 288,031 239,966 309,274 4,199,652 4,956,569 3,192,840 - 24.0 3,978,342 - 19.7 1913 1919 110 137 95 115 97 114 S3 159 118 121,656 2,772 58,189 3,060 69,185 3,893 220 817,424 202 145 127 94 61 104 22,680 37,805 37,912 65,004 12 140 234 + 66.7 .076 .090 .073 .087 .056 203 187 68,671 244,986 86,266 9,920 83,151 31,246 141,336 5,325 944 1,265 1,812 968 Sugar. 113 153 246 + - 6.7 3.1 + 6.1 5.0 5.2 j Imports long tons.. Meltings. 8 ports long tons.. Stocks at reflnories, end of month long tons.. Refined, exports long tons.. Cane, domestic: Receipts at New Orleans long tons.. Prices: Wholesale, 96° centrifugal, N. Y . . dolls, per l b . . Wholesale, refined, N. Y dolls, per l b . . Retail, average 51 cities....index number Cuban movement; Receipts at Cuban ports long tons.. Exports long tons.. Stocks, end of month long tons.. Coffee. Imports thous. oflbs.. Visiblo supply (1st of following mo.): World. thous. of bags.. United States thous. of bags.. Receipts, total, Brazil thous. of bags.. Clearances: Total, Brazil, for world thous. of bags.. Total, Brazil, for U. s thous. of bags.. - 52.2 + 10.4 76.0 1919 1913 200 72 132 103,204 + 58.8 1913 15 234 1913 1913 1913 155 154 144 160 160 147 173 178 175 199 193 175 217 210 193 1919 1919 1919 19 59 36 14 59 8 20 46 67 19 64 44 21 75 13 13.4 1909-13 177 161 96 154 187 218 0.5 1913 1913 1913 72 44 108 70 51 104 49 38 133 50 132 45 50 132 40 - 11.8 47 - 6.4 125 - 6.0 1913 1913 154 212 119 188 156 204 168 226 183 246 138 - 24.3 190 - 22.7 1909-13 216 124 116 157 173 149 - 13.8 1913 1913 110 347 108 349 452 95 429 113 484 196,390 - 46,013 3,862,448 191,160 3,924,467 49,495 3,411,380 ! - 11.7 3,405,474 - 13.2 164,947 121,737 1,264,669 4,694 884 1,189 8,242 957 993 9,730 1,371 748 1,175 738 11,467 5,171 12,806 + 11.7 6,747 + 30.5 14,259 12,287 10,239 88,070 93,405 + 712 6,277 651 5,361 679 4,524 6,332 50,020 36,382 33,380 33,838 393,872 46,927 1,022 82,222 53,734 958 98,317 39,787 856 58,241 393,925 10,627 428,649 28.00 28.00 27.50 2,218 1,431 479 10,706 220 132,834 ' 18,025 19,390 1,427 651 379 9,468 338 135,096 12,175 5,676 3,610 63,591 1,837 1,094,335 15,260 12,535 124,134 579,775 1,115,025 - 4L4 - 25.0 9,783 + - 3,9 - 3.3 - 3.1 - 85.6 26 - 66.1 - 63.8 18.7 Tea. Imports thous. oflbs.. 6.1 TOBACCO. Consumption (tax-paid withdrawals): Large cigars millions.. Small cigarettes millions.. Manufactured tobacco and snuil thous. of l b s . . Exports: Unmanufactured leaf. thous. of l b s . . Cigarettes millions.. Sales at loose-leaf warehouses thous. of l b s . . Price, wholesale, Btirley good leaf, dark red, Louisville dolls, per 100 l b s . . 6,508 + 2.8 60,023 + 20.0 385,867 — 2.0 441,499 11,257 + 12.1 409,843 -I- 5.9 : - 4.4 103 _. 8.4 414 - 14.6 90 - 8.3 1913 97 91 1909-13 1913 1919 186 561 102 127 443 71 109 480 46 123 632 149 529 100 171 496 120 + 19.6 1913 208 208 212 212 212 212 + 86.1 +155.3 + 31.3 + 40.9 + 18.9 + 19.9 1915 1915 1915 1913 1913 1916 355 356 236 113 77 118 350 357 206 95 91 130 532 827 208 144 150 532 759 243 128 71 76 522 783 236 130 94 80 158,145 178,815 543,470 134,925 - 14.7 243,700 + 36.3 605,364 + 11.4 1913 1913 1919 80 119 276 87 316 170 1,194 921 76 692 625 107 419 632 545 785 251 107 62 - 3 4 . 2 127 + 60.0 102 - 4.6 + 16.7 3,099,385 5,970,283 + 92.6 1922 201 194 316 189 183 92 0.0 TRANSPORTATION. Stiver a n d C a n a l Cargo Traffic. Panama Canal: Total cargo traffic thous. of long tons.. In American vessels... thous. of long tons.. In British vessels thous. of long tons.. Sault Sto. Marie Canal.. .thous. of short tons.. New York State canals.. .thous. of short tons.. Cape Cod Canal tons.. Mississippi River: Receipts at St. Louis short tons.. Shipments from St. Louis short tons.. Government barge line tons.. Ohio River, Pittsburgh to Lock 11 short tons.. t October, 1922. 2,123 1,428 432 13,003 348 82,998 18,885 16,615 55,210 547,931 648,594 22,663 14,492 4,741 89,622 2,181 1,312,195 til S? iS? 217 + 18.4 41 TREND OF BUSINESS MOVEMENTS—Continued. NUMERICAL DATA. NOTE.—Items marked with an asterisk (*) have not been published previously in tno SURVEY or are repeated for special reasons; detailed tables covering backfigures(or these CUMULATI VE TOTAL Correitems will be found at the end of this bulletin. THRO UGH sponding For detailed tables covering other items, see LATEST MONTH. last quarterly issue of the SURVEY (NO. 27). October, Novem- month ber, October 1923: 1923: or NoIn many cases December figures are vember, now available and may be found in the 1922 1923 1922. •pedal table on page 23. Per- ' cent , increase, or decrease cumulative 1923 from , 1922. I N D E X NUMBERS. BASE YEAR OR PERIOD. Percent inzrcaso 1923 1922 or decrease Oct. Nov. TBANSPOUTATION-Continued. i Ocean Transportation. Entrances, vessels in foreign trade: Total...... ..thous. of not tons.. American thous. of net tons.. Foreign thous. of net tons.. Clearances, vessels in foreign trade: Total thous. of net tons.. American thous. of net tons.. Foreign thous. of net tons.. Freight rates. Atlantic ports to: United ICingdom weighted index number All Europe .. .weighted index number i 6,156 2,789 3,367 5,618 2,719 2,899 5,915 3,193 2,722 60,062 29,176 30,886 60,923 4- 1.4 25,205 - 13.6 , 34,719 + 12.4 142 1913 1913 1 2S9 1913 ' 89 272 S3 148 209 120 12S 192 105 139 238 103 127 - 8 . 7 232 j - 2.5 80 ! - 13.9 6,992 2,688 3,304 5,848 2,885 6,245 3,446 2,799 59,964 29,533 30,431 61,709 + 2.9 25,703 - 13.0 66,435 +118.3 ' 1913 1913 1 1913 137 269 86 139 276 87 149 205 128 133 195 100 134 215 102 132 - 2,4 231 + 7.3 92 - 10.3 1920 1920 25.3 22.7 28.0 24.0 20.1 20.0 20.8 20.7 23.4 22.9 28.6 + 22.2 25.1 + 9.6 1919 1919 1919 2 1 3 3 62 5 35 37 7 22 18 10 13 66 +257.0 107 +1020.8 81 +525.3 479 355 1,126 1,020 741 553 13 116 39 36 130 63 21 73 51 17 - 91.9 14 - 80.0 6 - 89.2 100 99 100 97 I Freight Cars. Surplus (daily av. last week of month): Box number.. 15,116 Coal .number.. 7,205 Total number.. 24,477 Shortage (daily av. last week of month): Box .number.. 3,943 3,068 Coal. number. Total number.. 12,336 Cars in bad order: Total cars.. 150,624 Ratio to total in use per cent.. 6.6 Car loadings (weekly average): Total cars.. 1,073,085 Grain and grain products cars.. 49,428 Livestock cars.. 43,755 Coal cars.. 191,677 Forest products cars.. 74,023 Ore cars.. 59,340 Merchandise and miscellaneous cars.. 642,876 Railroad Operations. Revenue: Freight thous. of dolls.. 441,661 Passengers thous. of dolls.. 93,778 Total, operating thous. of dolls.. 587,867 Operating expense thous. of dolls.. 445,865 Net operating income: Total thous. of dolls.. 102,934 Per cent on tentative valuation..per cent.. 4.79 Receipts per ton-mile cents.. Freight carried mills, of ton-miles.. 42,209 Locomotives in bad order, 1st of following month, per cent to total in use: Freight percent.. 16.4 17.8 Passenger percent.. Passenger Travel. Railroads: Pullman passengers carried... .thousands.. 2,837 Arrivals from abroad: Aliens... *»..number.. 103,518 ^ United States citizens number.. 27,553 Departures for abroad: Aliens number.. 21,147 United States citizens number.. 18,104 PUBLIC UTILITIES. Telephone companies: Operating revenues thous. of dolls.. Operating Income thous. of dolls.. Telegraph companies: Commercial telegraph toDs .thous. of dolls.. Operating revenues thous. of dolls.. Operating income thoua. of dolls.. Cental electric stations: Production, electric powerTotal mills, of kw. hours.. By water power...mills, of kw. hours.. By fuels mills, of kw. hours.. n Consumption of fuels Coal. thous. of short tons.. Oil thous. of barrels.. rt Gross revenue, sales.. thous. of dolls.. * Revised. *• Index number less than 1. t October, 1922. from Oct. Aug. Sept. Oct. Nov. * 53,962 80,756 153,057 859 2,026 5,595 319 605 1,336 67,468 42,848 133,786 1919 1919 1919 155,626 6.8 249,960 1913 1913 166 162 150 146 116 113 976,615 49,890 39,969 176,233 72,298 35,697 592,314 947,373 53,076 38,853 195,890 61,813 28,987 556,176 1919 1919 1919 1919 1919 1919 1919 124 134 122 110 105 125 124 .118 136 118 111 109 77 118 130 ..130. 134 129 104 120 109 101 134 128 215 196 125 129 395,599 87,162 531,508 406,582 389,911 84,829 523,608 405,845 3,644,805 977,608 5,105,916 4,051,867 17.4 7.0 14.6 12.4 1913 1913 1913 1913 230 157 216 236 220 147 205 223 227 196 217 235 221 184 214 229 250 163 230 245 224 151 208 224 86,131 468 83,223 4.46 697,843 908,386 + 30.2 139 87 156 139 164 96 154 148 154 87 153 144 144 - 16.3 91 - 2.3 38,077 142 79 156 144 172 93 38,159 1913 1913 1919 1919 154 140 - 9.6 17.4 17.6 29.4 28.9 1919 1919 111 111 108 109 66 65 60 63 61 67 64 + 66 - 6.1 1.1 2,551 • h.o 4,279,447 1,046,579 5,851,306 4,555,011 4+ + + 31,433 + 8.3 103 + 100 + 3.3 3.0 _iaL - 9.0 127 "128" + 0.9 133 121 - 8.6 108 100 - 8.1 130 127 - 2.3 95 - 39.8 159 136 125 - 7.9 2,440 29,023 1913 131 118 167 158 137 t71,192 f34,678 413,580 253,582 732,534 + 77.i; 229,481 - 9.5 1913 1913 60 141 56 S6 86 136 91 84 87 112 tl7,847 fl9,546 206,19S 259,389 157,521 - 23.6 228,903 - 11.8 1913 1913 35 65 34 51 37 92 32 54 41 CO - 10.4 - 7.1 - 9.6 - 8.8 123 - 10.1 45,979 9,994 45,314 9,945 41,691 8,767 439,961 97,338 483,132 + 9.8 110,015 + 13.0 1913 1913 319 273 317 236 334 231 334 246 350 269 345 268 - 9,728 12,096 1,926 8,848 10,179 1,505 8,678 10,885 1,636 92,428 116,447 18,095 99,472 + 122,858 + 17,670 + 7.6 5.5 2.3 1919 1919 1919 126 117 129 114 108 100 123 113 100 121 113 102 128 120 118 116 - 9.0 109 - 9.2 92 - 21.9 •4,944 * 1 476 6 3,463 4,842 1,516 3)327 4,414 1,367 3,047 43,091 15,834 27,257 50,984 + 18.3 17,949 + 13.4 33,034 + 21.2 1919 1919 1919 134 111 147 136 112 150 144 129 153 140 120 151 152 121 171 149 125 + 164 - •3,573 »1,380 »2,8S3 114,700 3,460 1,349 2201 3,358 1,340 2,383 30,595 11,886 25,245 886 100 1919 1919 1919 1919 112 142 159 377 115 135 134 405 110 147 189 386 108 144 179 411 122 150 162 441 118 - 3.2 146 - 2.2 123 - 2 3 . 7 35,472 13,183 28,919 1,071,300 + + + + 15.9 10.9 14.6 20.9 1 1.4 0.5 2.1 2.7 4.1 42 TREND OF BUSINESS MOVEMENTS—Continued. . -Uftm -Uftm innrkiHl with on asterisk (*) ot b ^ t i pulilhhwl previously in thv thv not b^ti r f t l for for ap«H;lal rea SiiivftYY or an* rt*fxnit<?<l reasons;, driaUM tabl.-» covering bark ftguros for thj'Se Lt.'in-i will b« found at tho i-tifl of t h h bulletin. For d ^ n U M tabltH c o w r l n c oth«Tlt«*ms, see lait ,juATt*Tly Lini«' of tin* riuuVKV (No. if7). October, / a many cn*«?# December figure* are now available and may be found In the a pedal table on paa*> - ^ Numfo'r rtnploywl, by industries: Total, 1.42.Vftrtns .thousands. Vi*»\ product* -number.. Textile number., Iron un«l strd number.. Lumber number.. I A* -Uncr, •••• number.. PttjK-r mitl printing number., ncv«m*,T.i • number.. Chemical* number.. Ston<\ clay mid cbw. number.. Mctab, cx\\ iron au dsteel number.. Tobacco products.. number.. Vehicles number.. Kail way repair shop.* number.. Mfecdtatteotii number.. Number emptoye<l, Htate and city reports: New Vork State thousands.. Dotrolt thousands.. Wisconsin. index uurnber.. Illinois*. tntlex number.. Massachusetts Index number.. Total pay roll: New Vork State thous. of dolls.. Wbcomin Index number., Averneo weekly earnings: New York ritnte dolls.. Wisconsin index number., Massachusetts index number.. Unllwiiy employment: Number employ**! thous.. Hourly couiJHsns.itlon dollars.. Employment wrency Derations: worker* registered. *. .number., Jobs refilsterod.. • .number., Workers placed.* •..number., Average applicants per job number., 19*23 2,020 151,053 259,582 521,244 28,078 57.403 5o,2i0 November, 19*23. Corrc spoudlug month October or November, 1922. 1,003 SO,380 20,323 101,741 20,990 304,864 73,053 325,809 2,016 149,510 262,437 50>i,351 28,853 50,054 50,253 1,004 88,498 21,322 108,305 30,92$ 30-4,220 72,634 323,268 1,862 146,315 2(31, G20 464,563 27,720 58,345 54,703 t>65 85,679 17,600 99,946 31,140 257,502 60,503 290,120 556 215 54S 212 540 181 15,400 15,145 14,061 27.73 27.64 26.04 t 1,804 t.603 1,936 .611 209,097 220,504 175,108 1.0S 163,32s 128,129 107,610 1.27 CUMULATIVE TOTAL THROUGH LATEST MONTH. 1022 INDEX Per cent increase NUMERICAL DATA. 1923 or decrease cumulative 1923 from 1922. BASE TEAR OR PERIOD. 1923 1922 Oct. Nov. Aug. Sept. 16.7 .09.2 99.8 29.2 15.6 L11.4 L06.2 46.7 112.3 133.1 L27.3 04.1 62.7 107.4 99.3 130.3 111.0 104,0 151-1 125.0 110.5 111.9 82.3 US. 8 154.9 138.6 96.5 L98.7 .23.0 .11.4 .30.2 10.5 .05.4 :49.0 23.0 .15.6 10.3 80.6 17.5 .55.0 .41.0 98,1 197.5 123.6 112.9 or decrease Oct. Nov. 29.9 L15.8 101.6 .49.0 .23.9 15.7 10.6 09.5 19.1 L47.2 L40.6 99.6 L90.9 L20.7 13.3 fov. from Oct. 0.5 1.0 1.1 2.9 0.6 2.4 1.9 0.1 1.0 4.9 1.5 3.1 0.2 1.4 1.1 114 115 116 115 113 1914 110 121 120 102 119 121 1920 99 1915 11.1 16.4 126.7 123.1 120.9 120.7 105 109 108 108 108 1922 104 Sept. '22 01.9 105.1 99.4 98.9 .00.7 99.2 1.4 1.4 0.2 0.0 1.5 249 253 259 239 280.1 272.2 270.0 275.2 1914 205 217 220 222 218 209 1915 206.3 212.3 221.2 221.2 228.5 228.3 Sept. '22 9.56 103.1 110.0 114.1 111.7 110.6 - 1.7 0.3 0.3 0.1 1.0 1914 1915 Id A .11-4 102,4 132.9 119.0 17.0 L09.C 46.0 L14.2 L27.4 131.6 103.4 L60.3 109.0 .00.9 237 227 229.2 247.1 1916 1916 104 220 110 218 120 220 2,135,785 - 14.4 2,025,554 - 3.2 1,610,995 - 0.8 M921 7 1921 7 1921 H921 120 212 199 56 104 161 159 106 176 176 60 16,133 Per cent increase 129.3 113.9 102.7 144.8 123.9 113.0 112.7 69.4 118.0 154.4 142.6 102.7 196.5 119.0 114.5 1921 1921 1921 1921 1921 1921 1921 1921 1921 1921 1921 1921 1921 1921 1921 209,490 2,493,734 188,323 2,092,127 149,962 1,623,635 1.11 NUMBERS. 118 225 118 221 118 189 185 62 + 21.9 41.9 38.5 17.6 - 8.5 256 - 9.6 426 - 6.9 369 - 2.7 313 - 4*4 679 + 3.6 406 - 2.7 308 - 7.2 DISTRIBUTION MOVEMENT. Mail-order houses: Total sales „ thorn, of dolls. 37,743 Scars, itoebuck & Co tho\is. of dolls. 22,577 Montgomery Ward & Co.. .thous. of dolls. 15,166 Ten ~cci\ t stores: Total sales thous. of dolls. 30,193 F. W. Woohvorth Co thous. of dolls. 18,085 S. $. Kres?eCo thous. of dolls.. 7,246 Mct'rorv Stores Corp thous. of dolls. 1,877 S. H. Kress A Co thous. of dolls. 2,9S5 Restaurant chains: Total sales, 2 chains. thous. of dolls. 3,201 Stores operated .number. 209 Child's Co thorn, of dolls. 2,040 Waldorf system thous. of dolls. 1,161 Chain stores: J. C. Penury Co thous. of dolls. 7,592 United Cigar Stores C o . . . .thous. of dolls. 6,355 A. Schuite (Inc.) thous. of dolls. 1,765 Jones Bros. Tea Co thous. of dolls. 1,979 Owl Dnif Co thous. of dotls. 1,169 American Wholesale Corp., total sales thous. of dolls. 3,583 Candy sales by manufacturers.thous. of dolls. 36,SOT Miurazino advertising (for following month) thous. of lines. 2,247 Newspaper advertising thous. of lines. 109,293 Postal receipts total (50 cities) ....thous. of dolls. 27,235 Money orders: Domestic raid (50 cities)— Quantity number. 11,319 Value thous. of dolls. 93,284 Domestic issued (.50 cities)— Quantity number. 2,S39 Value thous. of dolls. 29,999 Foreign issued thous. of dolls. 5,310 Internal-revenue taxes collected: Theater admissions thous. of dolls. 7,000 Firearms and shells thous. of dolls. 227 Jewelry, watches and clocks thous. of dolls. 1,643 Bond and stock issues and conveyances thous. of dolls. 3,565 Capital stock transfers thous. of dolls. 515 *1 Revised. Six months' average. Julv to December, inclusive, f October, 1922. 34,52S 20,416 14,112 31,201 20,197 11,004 243,254 161,409 80,845 314,322 + 29.2 19-1,742 + 20.7 119,580 + 47.9 1913 1913 1913 268 250 311 277 254 332 198 175 255 231 202 301 335 283 458 29,387 17,283 7, SOS 1,827 2,769 25,314 14,835 6,313 1,585 2,580 233,846 139,744 54,676 14,104 25,172 275,422 17.8 160,820 15.1 68,773 + 25.S 17,786 + 26.1 28,043 + 11.4 1913 1913 1913 1913 1913 326 286 545 319 311 318 269 571 352 288 321 271 574 383 281 316 208 572 371 271 379 32S 660 417 332 3,006 209 1,918 1,OSS 2,859 195 1,831 1,028 29,932 33,236 + 11.0 1920 114 109 121 122 125 117 19,420 10,512 21,114 + 8.7 12,122 + 15,3 1913 1920 270 134 258 130 288 144 284 150 287 154 270 145 0.0 6.0 6.4 7,196 6,158 1,081 1,923 S94 5,717 6,025 1,412 1,44S 820 42,739 04,559 14,892 15,711 9,621 53,715 + 25.7 66,523 3.0 17,458 21.3 18,825 19.8 10,328 7.3 1913 1913 1919 1913 1913 246 204 173 335 2,599 1,950 2,782 3,451 3,271 244 2bi 260 258 250 210 249 265 263 250 177 225 234 242 235 252 299 278 360 275 5.2 3.1 4.8 2.8 23.5 2,879 39,767 2,763 33,990 2S,172 322,762 9.7 5.9 1913 1920 237 18,881 23,437 + 2 4 1 992,797 1,068,000 + 7.6 1913 1919 2,109 105,5SS 1 1,817 100,877 30,897 341,923 19.6 202 86 231 58 234 54 262 93 211 100 • 8.0 156 126 153 120 145 96 185 111 184 130 172 126 6.1 3.4 2.6 26,531 24,812 245,664 269,073 9.8 1919 135 135 123 127 14S 144 - 1O,94S 87,639 10,267 80,246 112,703 + 12.1 855,643 4- 15.9 1919 1919 132 125 132 123 116 108 117 112 148 143 141 - 3.3 134 - 6.1 2,775 2S,974 4,541 2,395 25,0-iS 2,427 100,547 738,064 25,286 266,916 18,206 28,963 304,246 36,164 + 14.5 + 14.0 -I- 93.6 1919 1919 1919 127 117 71 126 115 82 129 123 119 128 120 119 150 138 179 0,849 5,485 639 60,410 3,568 67,804 4,015 12.2 12.5 1919 1919 100 174 101 199 103 108 91 161 129 71 146 - 2.3 133 - 3.} 153 - 14.5 127 - 2.2 157 +121.1 502 1,653 3,413 559 1,327 17,265 20,200 17.0 1919 101 111 129 97 137 138 + 0.6 3,340 932 35,348 9,116 42,344 + 19.8 7,866 - 13.7 1919 1919 90 78 93 92 96 48 87 43 100 51 95 - 4.3 55 + 8.5 43 TREND OF BUSINESS MOVEMENTS—Continued. Per cent increase NUMERICAL DATA. NoTE.—Items marked with an asterisk (*) have not been published previously in the SURVEY or are repeated for special reasons; detailed tables covering back figures for these items will be found at the end of this bulletin. For detailed tables covering other items, see last quarterly issue of the SUBVEY (NO. 27). November, 1028. In many cases December figures are now available and may be found in the ipecial table on page 23. Correiponding month October or November. 1922. CUMULATIVE TOTAL THROUGH LATEST M O N T H . 1022 1023 (+) or decrease cumulative 1923 from 1922. INDEX NUMIiKUS. BASE YEAR OR 'EIUOD. 192*2 Per cent Increase (+) 1928 or docrease I Oct. tfov.' Sept. Oct. Nov. from Oct. PUBLIC FINANCE. Government debt: Interest-bearing Total gross debt Customs receipts Total ordinary receipts.. 1 Expenditures chargeable to ordinary receipts Money in circulation: Total * Per capita *• mills of dolls.. mills of dolls.. thous. of dolls.. thous. of dolls.. 21,800 22,0S2 51,713 230,261 21,780 22,055 46,565 190,844 22,709 I 22,904 420,857 41,647 226,974 3,199,419 511,818 4- 28.7 3,529,216 + 10.3 thous. of dolls.. 426,548 256,287 254,253 3,317,364 mills. of dolls.. dollars.. 4,835 43.27 4,923 44.01 4,617 41.80 3,212,559 SO 1919 1919 » 1913 1913 90 91 151 499 90 |, 87 87 160 390 i 1913 771 421 3S8 87 87 109 8S0 87 195 382 86 , 87 176 316 - 0.1 - 0.1 -10.0 -17.1 706 421 - 39.9 1919 «> 1919 95 92 100 95 101 96 101 90 103 97 1.2 4- 12.0 1919 1919 no 80 99 83 98 113 + 2.3 4- 15.5 1913 1913 105 249 267 220 245 187 242 191 242 225 285 1919 1919 1919 1919 1919 1919 24 88 113 147 95 155 34 89 95 146 96 152 42 85 45 140 99 154 45 8fi 45 145 100 152 46 85 50 146 101 152 93 4- 4.3 106 - 6.2 229 4- 1.8 260 - 6.6 41 - 10.2 $r> 4 - 0 . 9 63 4-25.6 146 0.2 100 - 1.0 152 0.0 1921 1921 1919 94 135 106 94 135 105 98 135 103 100 135 103 100 135 106 100 133 105 - 1913 1913 157 76 154 76 156 153 89 148 89 151 4* 2.0 88 1.1 1920 1920 1920 1920 1920 1920 1920 1920 1920 1920 1920 1920 1920 1913 112 108 114 108 113 123 114 104 130 113 122 119 118 336 113 108 114 108 114 123 116 103 133 113 124 120 119 335 122 115 121 119 125 128 178 114 144 124 128 130 134 333 123 110 124 118 126 129 129 115 144 126 128 136 136 335 123 116 122 118 128 129 129 116 145 126 129 137 137 335 0.4 0.3 0.2 0.2 0.6 0.1 1913 1913 203 164 209 161 230 149 220 146 238 176 1913 170 169 162 159 186 4- 2,8 1.6 4- 1.8 185 - 0.8 283 295 33S 307 256 243 245 241 996 1,144 1,257 1,037 281 287 319 294 337 293 498 326 35S 283 931 342 3.3 20 1.8 1.7 BANKING AND FINANCE* Banking. Debits to individual accounts: New York City mills, of dolls.. 19,152 19,983 19,027 Outside New York City mills, of dolls.. 18,521 19,747 17,098 Bank clearings: New York City .mills, of dolls.. 17,332 18,048 17,730 Outside New York City mills, of doils.. 16,377 14,340 15,3Oi Federal Reserve Banks: Bills discounted mills, of dolls.. 884 794 650 Notes in circulation mills, of dolls.. 2,225 2,246 2,330 Total investments mills, of dolls.. 297 373 564 Total reserves mills, of dolls.. 3,191 3,197 3,203 Total deposits ; mills, of dolls.. 1,959 1,939 1,800 Reserve ratio per cent.. 76.4 76.3 76.4 Federal Reserve member banks: Total loans and discounts, .mills, of dolls11,904 11,219 11,943 Total investments mills, of dolls -. 4,464 4,543 4,530 Net demand deposits mills, of dolls.. 11,102 11,095 11,158 Interest rates: Now York call loans per cent.. 4.80 4.70 4.90 Commercial paper, 60-4)0 d a y s . . -per cent.. 5.13 4.38 5.10 Saving deposits, by Federal Reserve Districts (bal. to credit of depositors): Total, 85S banks thous. of dolls., 6,703,325 6,732,018 6,129,444 Boston, 64 banks thous. of dolls., 1,204,326 1,207,722 1,116,546 New York, 30 banks.. .thous. of dolls. 1,871,644 1,876,107 1,746,127 Philadelphia, 80 banks.thous. of dolls. 461,935 463,010 419,046 Cleveland^ 18 banks.. .thous. of dolls, 441,103 443,588 393,214 Richmond, 92 banks. .thous. of dolls, 290,783 290,543 276,936 Atlanta, 97 banks.... .thous. of dolls., 218,209 218,340 194,864 Chicago, 209 banks... .thous. of dolls. 872,155 882,010 793,823 - , 35 banks.. thous. of dolls. St. Louis, 131,741 131,862 120,589 Minneapolis, 15 banks.thous. of dolls. 90.043 90,355 81,246 Kansas City, 56 banks.thous. of dolis. 104,422 107,471 99,901 Dallas, 85 banks thous. of dolls. 61,517 63,024 53,624 San Francisco, 77banks thous. of dolls. 955,447 957,986 833,523 U. S. Postal Savings. thous. of dolls. 133,157 132,863 133,103 219,003 183,687 194,499 143,307 216,314 205,789 199,001 165,542 - 0.3 1.5 0.5 l!l 0.1 0.3 2.9 2.4 0.3 0:2 Life Insurance* Policies, new: Ordinary thous. of policies.. Industrial thous. of poncies.. Group number of policies.. Total insurance thous. of policies.. Amount of new insurance: Ordinary thous. of dolls. Industrial thous. of dolls., group thous. of dolls.. Total insurance thous. of dolls. Premium collections: Ordinary.... thous. of dolls. Industrial thous. of dolls. Group thous. of doils. Total. thous. of dolls. 176 668 55 845 181 657 56 838 155 611 61 766 1,685 6,334 555 8,018 1,977 7,265 795 9,240 -f 444- 17.3 14.7 43.2 15.2 44+ 6.2 3.4 86.9 4.7 21 246 214 249 251 4222 269 254 285 271 245 230 4,484 4,168 5,374 4,555 6,177 6,232 4254 226 261 259 ! 226 226 0.8 4.9 0.9 0.6 444,936 152,061 7,200 604,197 472,503 146,882 13,458 632,843 389,367 125,960 16,524 531,852 4,235,892 1,281,094 155,555 5,672,512 20.8 22.3 46.5 21.9 1913 1913 1913 1913 92,128 30,697 1,915 124,740 92,826 29,195 1,932 123,953 82,167 24,813 1,292 108,272 905,318 1,012,274 4- 11.8 311,878 4- 14.6 272,058 17,984 4- 26.6 14,202 1,191,577 1,342,136 12.6 1913 1913 1913 1913 1,673 79,302 1,704 50,292 1,737 40,265 21,862 565,826 1913 1913 128 152 130 177 99 151 256,500 286,050 5 317,200 3,399,719 16,877 - 22.8 487,772 - 13.8 3,587,646 + 5.5 1913 174 214 174 64,500 27,575 31,150 5,775 704,000 67,550 50,950 13,150 3,450 812,849 5,117,795 1,567,225 227,834 6,912,855 + 4+ 4- Business F i n a n c e s . Business failures: firms number. ~ .^abilities thous. of dolls. iotal dividend and interest payments (for following month) thous. of dolls. dividend payments (for following mo.): Total thous. of dolls. Jndust. and misc. corp thous. of dolls. Steam railroads .thous. of dolls. M *»freet railways thous. of dolls. B< ew incorporations 1 thous. of dolls s Revised, *» Relative to June 30,1919. 92 126 261 82 134 I 94 90 1913 5 65,450 » 930,649 «957,746 2.9 100 158 ! 70 129 1913 * 49,750 »524675 » 539,661 2.9 124 62 95 i 51 1913 2.3 M 2 5 0 0 a 282,100 =3 258,455 M2,500 109 69 181 1913 66 5.0 6 3,220 * 70,818 » 74,331 37S 469 1913 193 291 10.9 808,720 7,586,252 8,416,106 » Average for fiscal year ending June 30 of the year indicated. » Cumulative data are for 12 months, January to December, Inclusive. 125 349 12S 4- 1.9 221 - 36.6 173 193 |+ 11.5 92 72 126 11$ 409 97 132 53 70 472 |+ 4.7 ! - 57.8 I - 40.3 + 1*5 TREND OF BUSINESS MOVEMENTS—Continued. •NUMERICAL DATA. r K . l t i ' m * marked with an asterisk (•) j lmvu not U'i-n published previously In the!., SUIIVKY or lire rrpttited for special reasons; | CUMULATIVE TOTAL detailed tables eowrlnp back figures for these j CorreTHROUGH Items * III IJC fomid ftt tho end of tills bulletin. sponding LATEST MONTH. For detailed tables covering other items, see month hut quarterly Issue ot the SURVEY (NO. 27). October, NovemOctober ber, 1928. or No1923. In many ca»c» DccentbcrXRffure* are vember, 1923 1922 now atailnble and may be found in the 1922. special table on page 23* Percent increase or decrease (-) cumulative 1923 from 1922. INDEX NUMBERS. BASE YEAB OR PEKlOD. Per cent increase 1923 1922 or decrease Oct. from Oct. Nov. Aug. Sept, Oct. Nov. HANKING A M ) FINANCE-Continued. New Capital Issues. Total corpornto (Commercial and Financial Chronicle) thous. of dolls.. Purpose of issue: New capital thous. of dolls., Refunding thous. of dolls.. Kind ofis.siic: Stocks thous. of dolls.. Bonds and notes thous. of dolls.. Bond issues classified: Railroads— New capital thous. of dolls.. HefuniiltiK thous. of dolls.. Public utilitiesNow capital thous. of dolls.. Kcfunding thous. of dolls.. IndustrialsNew capital thous. of dolls.. Refunding thous. of dolls.. Total corporate (Journnl of Commerce) thous. of dolls.. States and municipalities: Permanent loans thous. of dolls.. Temporary loans thous. of dolls.. 230,420 I 387,011 132,721 M 33.101 .IUI 197,325 2,865,938 2,974,162 + 3.8 1920 OS, 070 2,155,765 34,051 j 710,173 2,458,693 + 14.1 515,409 - 27.4 1920 1920 72 383 43 162 95,402 w , w - i 19,478 5-13,275 291,63S |«113,243 2,322,662 647,851 + 19.2 2,220,311 - 4.1 1920 1920 22 143 22 72 211,685 ! 321,915 18,741 j 65,120 49 100 94 143 305 + 52.1 +247.5 37 125 107 185 +188.2 + 47.8 60,005 12,720 83,652 4,440 3,505 4,000 501,936 119,724 452,509 - 9.8 44,233 - 63.1 1919 1919 128 153 66,135 4,500 135,199 56,572 6 23,640 * 8,060 670,312 245,462 728,588 248,980 8.7 1.4 1919 1919 643 610 37,962 1,308 37,045 3,714 * 34,236 2,591 429,038 SI,895 662,390 + 54.4 140,979 + 79.5 1919 1919 408 ,304 24G,446 374,866 217,714 2,901,539 3,335,186 + 11.5 1913 124 159 100 100, £92 5.S51 85,159 4,845 53,497 46,645 1,185,953 360,426 988,008 - 16.7 399,469 + 10.8 1913 1913 221 150 157 116 183 102 19,894 37,410 13,90S J! 18,399 5,896 i 19,011 341,585 204,715 130,870 305,590 + 7.0 175,721 - 14.2 189,809 + 38.7 1919 1919 1919 260 168 506 235 158 440 147 123 212 124 112 157 1,867 166,899 13,261 94,925 146,339 1,866,889 12,224 - 92.7 75,764 - 20.2 1,087,200 - 41.8 1922 1922 1922 6 173 94 13 150 88 15,739 14,392 73,205 9,288 - 41,0 17 868 + 24.2 86,403 + 18.0 1922 1922 1922 47 32 73 340 156 132 1913 1913 1921 191 83 120 182 76 119 177 68 102 177 69 100 175 69 100 •181 70 104 + 4.7 42.8 22.5 14.9 2,3 None. 286 34 795 1,006 434 151 + 26.6 - 65.1 230 260 319 24 678 95 +104.4 () 196 41 358 145 349 - 2.4 394 +171.5 150 180 273 + 52.1 168 98 295 15 250 12 - 15.3 17.2 186 124 352 125 121 136 - 32.9 3.0 311 242 593 323 23 275 None. Lf'l96 Agricultural L o a n s . By land banks: Total closed thous. of dolls.. * 29,059 Federal farm loan banks...thous. of dolls.. * 14,436 15^223 Joint-stock land banks thous. of dolls.. By War Finance Corporation: With banks and livestock loan cos,— 617 Advancements thous. of dolls.. 7,417 Repayments .thous. of dolls.. 79,528 Balance. thous. of dolls.. With cooperative market assoc— 1,618 Advancements thous. of dolls.. 831 Repayments thous. of dolls.. 4,055 Balance thous. of dolls.. 217 6,548 73,197 345 1,202 3,198 |i 6,336 2,173 9,321 61.3 - 64.8 - 11.7 - 8.0 - 78.7 . 44.6 - 21.1 None. None. 197 65 Stocks and Bonds. Stock prices, closing: ^industrials, average....dolls, per share.. 25 railroads, average dolls, per share.. 103 stocks, average dolls, per share.. Stock sales, N. Y. Stock Exchange thous. of shares.. Bond sales, Miscellaneous thous. of dolls.. Liberty-Victory thous. of dolls.. Total....... thous. of dolls.. Bond prices: Highest-grade ralls.p* ct. of par, 4% bond., Second-grade rails..p. ct. of par, 4% bond.. Public utility p . ct. of par, 4% bond.. Industrial p . c t . of par, 4% bond.. Comb, price index.p. ct. of par, 4% bond.. 5 Liberty bonds p . c t . of par.. 16 foreign government and city *...p.ct. of par.. Comb, price index. 67 bonds, .p. ct. of pax.. Municipal bond yield • percent.. 101.7S 57.0G S4.33 105.44 58.30 88,28 I 106.09 63.46 100.68 15,809 22,573 j| 22,882 241,060 211,102 - 12.4 1913 371 330 ISO 211 228 181,457 2,305,710 89,420 1,530,987 270,877 3,836,697 1,768,502 - 23.3 730,366 - 52.3 2,490,868 - 34.9 1919 1919 1919 283 69 118 254 38 88 163 18 51 152 20 51 204 33 72 + 228 + 28 74 + 3.6 2.2 145,585 77,423 223,008 162,271 65 869 228,140 82.46 66.29 64.75 71.25 70.56 9S.20 83.25 66.79 64.53 72.02 70.96 98.93 84.68 70.52 69.28 73.79 74.10 9a 88 1915 1915 1915 1915 1915 1921 96 97 96 107 99 107 94 93 94 105 97 106 93 88 90 102 94 106 92 88 89 102 93 106 92 88 88 101 92 105 93 88 87 102 92 106 1.0 0.8 0.3 1.1 0.6 0.7 99.45 93.01 99.07 92.89 4.37 100.21 94.53 4.18 1921 1921 1913 109 111 93 108 111 94 108 110 108 109 99 103 109 99 107 109 98 0.4 0.1 0.5 1913 1913 1913 1913 81 106 393 230 71 104 345 45 67 105 619 29 72 104 524 11 60 108 562 34,167 918,289 3.6 8,352,730 + 33.9 290,136 + 16.6 28,092 - 17.8 17 73 106 749 10 50,418 62,959 55,894 60,590 + 20.2 66,280 + 6.3 62,946 + 12.6 1913 1913 1913 1913 1913 93 132 62 114 125 87 196 126 109 116 95 216 134 105 112 90 285 155 107 115 232 144 106 115 176 168 107 119 4.39 - Gold a n d Sliver. Gold: Domestic receipts at mint fine ounces.. 89,549 108,432 Hand output thous. of ounces.. 793,000 780,000 Imports thous, of dolls.. 29,858 39,757 E xports thous. of dolls,. 1,307 747 Silver: Production thous. of fine oz.. 5,428 4,894 Imports thous. of dolls.. 6,929 5,269 Exports... thous. of dolls.. 7,523 8,775 Price at New York dolls, per fine o*.. .636 .641 Frico at London.. .pence per standard or.. 31.718 32.238 • As of first of following month. 104,708 764,476 18,308 3,431 4,870 5,855 6,599 .652 32.066 952,867 6,237,398 248,730 * Increase over 1,000 per cent. + 21.1 - i-i + + + + 33.2 42,8 9.8 24.0 16.6 0.8 1.6 45 TREND OF BUSINESS MOVEMENTS—Continued. Nora.—Items marked with an asterisk (*) hare not been published previously in tne SURVEY or are repeated for special reasons; detailed tables covering back figures for these items will be found at tne end of this bulletin. For detailed tables covering other items, see last quarterly issue of the SURVEY ( N O . 27). October, 1928. In many cases December figures are now'availabte and may be found in the special table on page 23. Percent increase NUMERICAL DATA. November, 1923. Corresponding month October or November, 1922. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1022 1923 I N D E X NUMBERS. Percent increase ( ) t or decrease (-) cumulative 1923 from 1922. BASE TEAR OR PERIOD. 1922 ( ) 1923 t or docrease Oct. Nov. Aug. Sept.! Oct. Nov. fel. from Oct. FOREIGN EXCHANGE ftATES. Europe: England France Italy Belgium Netherlands Sweden Switzerland Asia: Japan India Americas: Canada Argentina Brazil Chile dolls, per £ sterling. dolls, per franc. dolls, per lire. dolls, per franc. dolls, per guilder. dolls, per krone. dolls, per franc. 4.52 .060 .045 .051 .391 .264 .179 4.38 .055 .044 .047 .380 .263 .176 4.48 .069 .045 .064 .393 .268 .184 dolls, per yen. dolis. per rupee. .488 .311 .484 .309 .484 .295 dolls, per Canadian doll. dolls, per gold peso. dolls, per mUreis. dolls, per paper peso. .737 .095 .118 .981 .712 .08S .111 1.000 .822 .119 .124 308,366 291,455 291,805 105,780 15,926 15,727 9,248 32,833 93,448 12,786 13,426 10,777 27,701 5 94,517 12,227 5 10,250 6,767 5 33,665 894,085 131,009 106,680 54,959 325,835 86,904 37,850 73,432 38,452 5 70,913 5 34,692 5,289 34,923 3,670 75,860 24,430 2,843 84,580 28,783 5,071 93,451 97,945 34,057 40,124 32,650 298,589 327,356 + 48,067 35,600 5 31,770 57,503 50,790 r 73,554 2,734 64,136 2,860 6 58,309 1,171 .thous. of dolls. 400,824 404,000 380,000 3,487,452 3,745,432 + ..thous. of dolls. ..thous. of dolls. ..thous. of dolls. ..thous. of dolls. ..thous. of dolls. 215,369 31,803 32,797 19,176 89,256 217,201 31,374 28,580 18,231 99,732 215,745 31,928 27,385 17,800 89,681 1,896,634 1,845,818 242,166 241,903 284,918 291,372 147,693 + 134,907 757,573 775,416 ..thous. of dolls. ..thous. of dolls. 51^717 84,800 45,743 86,862 55,989 ..thous. of dolls. ..thous. of dolls. 21,868 8,593 23,411 9,215 22,304 S,430 ..thous. of dolls. ., thous. of dolls. , thous. ofdoDs. thous. of dolls. 68,974 27,585 4,703 393,814 70,130 35,113 4.642 394,854 General index foreign exch Par. Par. Par. Par. Par. Par. Par. 91 38 92 36 23 33 93 100 96 97 61 a V ^ 1 index number. Par. Par. Par. Par. Par. 100 84 35 70 67 100 85 37 63 67 03 30 23 25 98 99 93 63 93 31 23 26 97 99 93 90 29 23 25 95 93 91 i- 3.1 8.3 2.2 7.8 2.8 0.4 1.7 0.8 0.6 98 63 0.5 3.4 7.4 5.9 V. S. FOREIGN TRADE. Imports. Grand total thous. of dolls. By grand divisions: EuropeTotal thous. of dolls. France thous. of dolls. Germany thous. of dolls. Italy thous. of dolls. United Kingdom thous. of dolls. North AmericaTotal thous. of dolls. Canada thous. of dolls. South America— v Total thous. of dolls. Argentina thous. of dolls. Asia and OceaniaTotal thous. of dolls. Japan thous. of dolls. Africa, total thous. of dolls. Crude materials for use in manufacturing thous. of dolls Foodstuffs in crude condition and food animals thous. of dolls., Foodstuffs partly or wholly manufactured thous. of dolls., Manufactures for further use in manufacturing thous. of dolls.. Manufactures ready for .consumption thous. of dolls., Miscellaneous thous. of dolls.. 2,818,958 3,503,955 24.3 1913 231 195 184 170 l,0S4,062 19.0 4.2 38.4 52.0 15.1 1913 1913 1913 1913 1913 161 151 85 157 201 131 106 67 147 149 117 95 90 122 109 118 91 90 126 115 1+ - 755,644 327,042 933,732 + 23.6 380,059 4- 16.2 1913 1913 250 395 218 293 214 302 205 280 + 1.6 »39,456 *8555 319,576 76,083 430,216 + 34.6 111,020 + 45.9 1913 1913 235 395 239 401 176 282 168 187 211 1-30.6 172 - 30.4 79,122 34,454 5 7,766 793,845 321,142 55,807 996,459 + 25.5 314,096 - 2.2 79,485 + 42.4 1913 1913 1913 397 570 203 300 418 393 335 387 199 270 320 144 + 11.5 + 17.8 4- 78.4 * 111.146 1,038,077 1,286,420 + 23.9 1913 273 219 186 154 183 + 5.9 9.6 1913 203 177 114 144 185 4- 17.8 361,200 501,962 -f 39.0 1913 183 196 200 202 291 - 25.9 493,616 665,335 + 34.8 1913 232 198 205 173 203 - 11.7 610,413 I 705,328 + 15.5 17,063 17,554 + 2.9 1913 1913 209 185 171 95 196 135 183 337 214 222 - 12,8 4- 4.6 7.4 1913 179 184 150 184 194 195 4- 0.8 2.7 0.1 2.2 9.5 2,3 1913 1913 1913 1913 1913 165 236 99 296 170 109 145 79 136 108 162 196 108 240 183 172 248 112 292 181 174 245 97 - 12.9 278 - 4.9 203 + 11.7 830,390 523,851 1,006,612 + 21.2 606,646 + 15.8 1913 1913 178 174 173 249 93 272 182 173 167 198 181 196 179 179 154 203,947 85,672 250,081 + 22.6 106,474 + 24.3 1913 1913 164 194 183 184 200 257 176 185 179 188 169 - 5.7 136 - 11.6 192 4- 7.1 201 + 7.2 581,755 + 15.3 504,495 49,598 14.3 226,554 198,273 21,455 55,650 + 7.1 51,985 5,490 + 7.1 3,068,688 3,425,840 374,548 1913 1913 1913 1913 296 41G 178 179 412 228 184 265 253 200 150 314 414 198 181 39S 530 135 194 405 674 193 193 + 0.1 102 205 236 251 + 6.4 " 56,759 + 147,662 + 83,562 4375,155 + 206 195 11.7 19.7 14.6 16.5 15.6 - 15.5 Exports. Grand total, including r^anddlTisVonsV Europe— Germany Total.... Canada.."!!.";^"" South America-!-* Total.... A .Argentina.*.*;;;;;;;; Asiaif?} and83 Oceania— tal S S I i 151,093 21,750 5 14,461 144,333 868,012 1913 209 223 33,615 432,590 212,607 - 43.9 1913 289 233 169 192 154 626,635 - 2.2 1913 177 190 158 169 189 194 + 2.6 511,011 + 27.2 1913 100 136 139 143 + 2.6 169 94 102 170 149 139 1913 1913 195 28 191 176 190 85 182 - 3.9 141 + 66.5 50,969 u2,294 51,471 45,977 47,156 33,850 401,863 118,668 954 1,020,004 + 17.5 102 -33,5 53S,626 123,447 573 Revised. 160,821 + 1.7 + 27.3 - 1.3 110,274 1,005 1,178,452 6>7 1,362,552 5)849 46 TREND OF BUSINESS MOVEMENTS—Continued. XOTK.—It*»tii*» market with an asterisk (•) • have not b<<'n ptthlhhffl previously in tin? Sur.vtv or uni reprctcri for s p t d a l reasons; di'tnll'Hl t:i!ilf.? covering back flmirvs for those itcrni v. ill b*' round at tho end of this bulletin. For (Mailed trti>lc*i covering othor itnius, srv last quarterly issue of the SURVEY ( N O . "JT"). October, 11)23. tn many ca*c» December flgurcB arc notr available and may be found in the special table on page JJ. INDEX NUMBERS. Per- ! cent ! increase NUMERICAL DATA. Percent in- C ) Corresponding month NovemOctober ber, or No1923. vember, ! 1922. CUMULATIVE TOTAL THROUGH LATEST MONTH. 1928 t or decrease 1 (-) cumulative 1923 from ' 1922. BASE TEAR OR 1028 1922 r decrease PERIOD. Oct. Nov. Aug. iept Oct. Nov. rom Oct. AND INIUTSTBY OV FO11KIGN OOIJNTIIIES. United Kingdom. Imports (value): 988,477 909,419 95,000 Totn! thous. of £ sterling.. 09,915 I 101,585 463,795 430,850 45,501 Food, drink, tobacco..thous. of £ sterling.. 44,82S i 40,505 284,994 265,742 30,223 Kaw material thous. of £ sterling.. 30,879 I 32,110 235,477 210,083 19,587 Manufactured artlclcs.tlious.of £ sterling.. 23,074 j 22,301 Exports (value.1;): 703,223 661,014 Gr>,491 Total thous. of £ sterling.. 71,323 ! C5,7GS 39,241 33,524 4,077 3,40S 4,7S0 ! Food,drink,tobacco..thous. of £ sterling.. 120,718 92,522 10,101 Haw material thotis. of £ storlins*.. 11,585 I 10,5SG 532,014 524,497 49,304 , 61,964 53,8S2 Manufactured articles.thous. of £ sterling... Reexports (values): ! 108,220 95,299 10,171 9,148 Total thous. of £ sterling. J 11,147 21,901 20,385 2,835 1,583 Food,drink,tobacco..thous. of £ sterling..! 3,33-1 61,709 50,056 5,200 4,86-1 Itaw material thous. of £ sterling..' 5,003 24,483 24,722 2,354 Manufactured articles, thous. of £ sterling..; 2,70S 2,404 Exports of key commodities (quantities): 399,117 3,825,370 3,824,105 Cotton piece goods thous. of sq. yds. ! 371,778 350,143 Woolen and worsted 167,729 193,211 10,484 tkstuvt thotis. of sq. yds..1 10,535 3,969 3,004 373 389 . 17,040 Iron and steel thous. oflong tons.. 73,010 58,244 6,571 7,433 Coal thous. of long tons.. 394 Production: j 0,070 6,809 40-1 4,306 Pi* iron thous. of long tons.., 593 598 7,82G 601 702 Steel ingots thoui. of tons tons..' 5,278 750 259,604 Coal thous. of metric tons. J 25,349 23,619 228,724 24,435 Stocks, zinc « short tons..{ 842 1,158 1,557 Employment: Trade-unions, .p.ct. employed.., 89.1 186.0 8,7 7.6 7.2 12.1 1913 1913 1913 1913 133 160 112 122 149 188 129 121 139 182 95 135 156 185 131 147 159 194 137 138 1.6 4.4 4,0 5.B 6.3 17.1 30.5 1.4 1913 1913 1913 1913 138 113 158 137 152 125 173 152 137 126 176 133 163 176 199 157 150 172 182 144 13.6 7.7 23.3 L0 1913 1913 1913 1913 91 109 84 100 119 97 90 67 93 63 64 122 251 96 110 111 213 91 100 7.9 2.2 8.6 8.4 8.8 15.0 4.6 9.0 95 - 5.8 0.0 1920 96 108 93 100 15.2 29.5 26.4 1920 1913 1913 58 84 101 74 90 107 78 108 82 81 103 75 94 122 77 95 109 3,1 1.3 10.3 56.0 48.3 13.5 1913 1913 1913 3 1920 1913 56 88 95 12 58 94 97 3 88 70 91 89 4 91 65 109 93 3 91 69 110 104 5 91 70 117 100 0.8 > 6.8 3.6 > 345 160 158 170'! 180 184 141 259 128 219 136 322 129 - 5.6 442 + 37.2 Belgium. 'Zinc production short tons..! 13,966 14,209 12,401 111,670 145,840 + 30.6 1920 157 76,341 101,300 72.0S4 139,005 76,264 131,826 692,203 786,139 838,030 + 21.1 903,404 •f 14.9 38,497 + 43.6 1913 1913 120 330 1913 330 100 78 202 475 478 + 108,167 185,439 + 2.9 9.9 1913 1913 153 449 129 660 160 136 "m 171 347 122 -"28."7 766 +120.8 Canada. Total trade: Imports thorn, of dolls..| Kxports.... thous. of dolls..! Exports of key commodities (quantities): j Canned salmon thous. of pounds.. Paper, priming thous. of pounds..Cheese thous. of pounds.. Wheat thous. of bushs.. Production: Pig Iron thous. of long tons.. Steel ingots thous. of long tons. .| Bank clearings mills, of dolls.. Business failures: Firms number.. Liabilities thous. of dolls.. Employment: Total, factor}* index number.. A ppllca t ions number.. Vacancies , number.. Placements— Regular number. Casual number.. Newsprint paper: Production short tons.. Shipments short tons.. Stocks short tons.., „ Exports (total printing) short tons. J Building contracts awarded.. .thous. of dolls . Railroad operations: Freight carried mills, of ton-miles.. >*et operating revenue thous. of dolls.. 8,390 1,758 26,804 15,808 64,197 16,636 55,316 111,363 168,670 74 67 * 2,155 62 55 1,851 • 35 52 1,563 351 441 14,145 821 +133.9 844 + 91.4 15,217 + 7.6 1913 1913 1913 44 62 1S6 42 60 202 111 121 162 76 151 77 282 235 3,603 182 7,332 310 4,619 2,951 48,254 2,671 - 9.5 54,453 | 12.8 1913 1913 166 362 204 333 138 234 140 208 155 260 120 - 22.fr 528 +103.5 68,322 63,590 t64,699 t56,797 472,9ii 416,095 509,257 .+ 7.7 484,271 16.4 Jan., J20 1920 1920 95.8 95.1 1100.0 99.5 156 102 176 162 141 185 192 73 98.8 165 158 97.5 - 1.3- 47,957 8,960 t43,010 {10,003 262,637 82,497 308,809 4- 17.6 101,256 + 22.7 1920 1920 141 152 67 104 188 110 170 122 157 136 97,148 96,232 14,913 94,532 21,454 988,640 986,907 1,166,225 + 18.0 1,150,611 + 16.6 874,012 259,372 1,043,140 + 19.4 292,748 + 12.9 1919 1919 1919 1919 1913 145 143 112 148 76 144 142 118 171 67 169 166 124 189 86 152 146 148 165 73 170 166 160 182 94 f4,321 tll,729 23,174 35,893 26.196 + 13.0 43,998 + 22.6 1913 1913 225 188 218 149 101 82 146 110 233 232 114,475 112,996 20,123 100,722 30,078 4,4S0 14,449 'o v c r a S e ; APril to December, inclusive. 0.7 8,340 22,164 29,071 110,839 110,766 20,047 103,195 15,632 63 74 - 16.2 63 - 17.9 - 15. a 165 - 3.2 163 - 2.0 4 159 187 49 47 HATS AND TEXTILES. PYROXYLIN-COATED TEXTILES/ S h i p m e n t s billed. MONTH. Pyroxylin spread. Light goods. Heavy goods. Pounds. 1923. March f 1 April *May. Juno July.... Unfilled orders 1st of m o n t h . Licjht goods. Fur. Consumption. Heavy goods. Linear yards. | 3,055,319 Hats. Stocks, end of month. Surplus bodies, end nt inontli. Form*. Pounds. Dozens. 2,931,077 2,104,16S 1,916,826 797,132 838,135 789,906 033,957 514,061 1,926,700 1,743,598 1,414,495 1,393,018 1,245,256 1,159,843 865,501 744,472 358,477 403,051 3,003, SOS 2,216,755 2,33S,2-!0 •,771,457 ,511,890 174,897 710,773 79,483 | 46,306 2T),HS7 2,219,816 2,038,903 2,988,201 2,503,40 i 481,30S 547,830 691,867 551,227 1,218,334 1,312,027 1,395,135 1,319,011 620,9:10 839,463 389,423 525,330 ,514,074 ,316,391 ,501,082 ,526,399 175,269 144,470 105,407 112,585 574,573 516,437 515,961 526,110 85,15.r> 66,014 46,225 46,010 57,052 55,305 5S,391 02,495 36,918 42,992 30,107 31,783 3,002,415 August September.. October November.. December.. FUU-FIXT i Compiled from reports to the Department of Commerce, Bureau of the Census, by 12 identical firms, with a capacity of 2,174,333 yards for March (capacity varies slightly each month in accordance with the varying number of working days). Further details as to values, etc., are given in press summaries. * Compiled from reports to the National Association of Hat Manufacturers by 11 manufacturers having 331 formers, or about 30 per cent of the capacity of the industry. The forming capacity of these firms is about 90,000 dozen per month. Further details are given in the monthly report of the association. CLOTHING. WORK CLOTHING.' MEN'S AND BOYS' GARMENTS CUT.* 3Ien*s suits. 3Ien's trousers. MONTH. WooJ. Cotton, etc. Wool. Cotton, etc. Men's overcoats and topcoats. Boys* suits and pants. Boys' overcoats and reefers. Sales. Cut. Number of garments. Number of garments. February Stocks Cancel- on h a n d , end of lations. month. 1923. April May June July August September October November December 857,366 949,357 700,133 694,187 720,381 148,666 156,339 132,208 130,718 88,956 796,400 866,505 725,429 702,818 675,715 459,821 498,101 460,755 475,522 343,442 113,798 150,641 186,009 283,020 342,122 623,587 731,200 644, SOS 701,614 781,289 15,615 20,599 33,524 56,522 89,373 161,031 j 144,527 3,914 188,798 625,402 662,002 504,089 490,800 534,605 49,052 24,555 43,749 59,114 76,799 715,093 671,997 578,834 635,271 636,232 369,269 393,499 2SS,52i 413,819 431,116 356,146 401,304 369,918 494,877 292,206 658,746 595,846 450,611 430,273 420,077 66,390 80,399 33,608 129,065 75,034 148,465 ' 147,427 | 165 703 ; 186 059 170^202 128,5S9 154,480 182,765 lss iin 168,051 5,520 3,616 4,293 4,615 4,562 227,446 219,092 211 855 224,916 221,320 1 Compiled from reports to the U, S, Department of Commerce, Bureau of the Census, from 331 identical establishments. * Compiled from reports to the U. S> Department of Commerce, Bureau of the Census, from 118 identical establishments; further details by materials used and sizes are given in press summaries. NEWSPRINT IN HANDS OF PUBLISHERS. [As compiled by American Newspaper Publishers Association from reports of 408 identical newspapers.] June. August. July. I September. October. November. 18S,663 137,674 136,078 1,841 188,422 31,130 219,552 187,815 129,801 131,5S0 1,933 181,153 33,492 217,045 1923 Tons. On hand, 1st of month Received Used i!!;!;;;;!!!!!;;;;;;;;; 132,115 143,408 125,441 2,212 . 147,824 35,424 183,248 148,101 134,109 116,370 1,723 163,992 31,126 195,118 163,402 138,087 114,930 1 4S7 185,071 35,377 220,448 Days' supply (based on consumption) 43 52 59 sold On hand, end of month In transit, end of month Total stocks, end of month 186,130 125,242 120,759 2,106 188,509 32,378 240,887 49 48 IRON PRODUCTS. CAST-IRON PIPE** MALLEABLE CASTINGS.* Orders booked. Production. MONTH. Total. Tons. Juno y August.... September. October November. December.. 1023. 63, G.'i,03S oG,021 50,70S 17,112 Ship| Ratio ments. I to I capacityi I Per cent, i 667 57.4 00.5 59.9 59.4 49.2 Production* Orders booked. Shipments. stock. To make on order. Size not specified. Tons. Tons. 62,8SS 55,922 60,207 54,378 54,221 44,215 To ship from Total. 39,814 39,131 36,753 35,452 43,978 34,817 221,642 204,184 187,105 171,789 137,821 142,430 88,318 77,828 84,843 77,226 88,000 73,0S0 81,208 79,528 S4,588 76,945 80,945 17,905 16,839 14,727 14,401 17,431 18,238 4,366 4,215 6,860 1,802 443 5,197 199,271 183,130 165,518 155,585 119,947 118,995 * Compiled from reports to tho U. 8. Department of Commerce, Bureau of the Census, from 107 identical establishments. 1 Compiled from reports to the U. S, Department of Commerce, Bureau of the Census, from 12 identical establishments; further details as to sizes, etc., regarding these reports, which cover boll and spigot pipo exclusive, aro given in press summaries. HARDWOOD LUMBER.1 Units ! report- • MONTH. Total bard* woods. Gum. Oak. Total hardwoods. Gum. Oak. Total hardwoods. Gum. Oak. Thousands of feet, board measure. Number.. March. April.. May... Juno... July,.. UNFILLED OBDERS. 2 UNSOLD STOCKS.? TOTAL STOCKS,* 1993. 152 185 1051 207 August September. October November.. December.. 201$ 19lJ 196 197 435,779 479,079 I 503,8S9 126,326 139,601 143,922 153,324 16-1,430 173,410 292,879 345,317 389,352 406,550 77,642 97,711 109,619 113,458 103,003 149,343 136,414 143,391 127,373 127^325 123,886 40,283 42,144 41,320 41,522 34,699 35,853 512,603 507,794 502,099 635,871 150,854 153,490 143,714 157,260 177,805 175,383 176,960 189,759 403,092 396,997 389,95S 413,461 118,351 115,661 108,117 114,761 144,667 139,326 140,534 153,300 129,831 137,720 142,079 154,040 42,149 52,393 50,799 60,053 3S,340 41 127 41,819 43,349 i Compiled from reports of the Hardwood MgMfactujm* Institute, covering hardwood mills throughout the country: further details as to sizes, ; species, and geographical distribution are given in the regular reports of the institute. ' 3 End or month. 1 A single band mill is considered one unit of production. PAVING BRICK.1 Production. Shipments* Stocks, end of month. Orders received. Cancellations. MONTH, Relative production to Unfilled orders end of capacity (No. land month. No. 2 brick). Percent. Thousands of brick, No. 1 quality. March. April.. May... June... July... August September. October November.. December.. 1023. 33,315 34,332 31,105 30,529 23,397 26,209 27,251 27,092 33,547 34,457 34,317 23,212 36,446 34,761 34,287 21,689 70,252 80,170 77,662 80,324 78,835 74,399 76,613 77,570 24,522 34,475 36,078 23,688 1,028 2,158 574 5,340 91,752 91,849 00,644 110,120 100,444 35,586 28,501 23,173 12,601 3,076 3 787 '807 812 102,183 01,048 64,531 64,435 t Compiled from reports of the Paving Brick Manufacturers' Association, covering from 24 to 29 companies each month, stated to represent from 66 to 71 per cent of the Industry; further details as to size, quality, and geographical distribution may be obtained from the regular reports of the association. 49 SHIP CONSTRUCTION.1 Merchant vessels building or under contract at end of m o n t h (gross tons). Total vessels, including nonseagoing, completed during m o n t h (gross tons). MONTH. 1915 January February March April 1916 1917 191S 1919 1920 1921 1922 1933 1920 1921 1922 1923 * 12,258 8,629 24,533 26,124 26,405 32,562 35,494 25,825 73,595 37,004 59,111 79,045 64,795 117,601 147,145 163,050 264,346 271,430 295,005 375,005 253,680 267,233 279,709 251,442 216,280 121,404 151,864 120,762 52,764 38,359 6,203 34,308 14,292 I 21,392 ! 24,978 ! 3S,972 791,911 977,903 947,193 I 901,229 1,252,096 734,904 1,391,341 I 645,224 222,599 197,011 211,918 220,727 302,047 280,278 2f<0,911 210,715 May June July August 19,494 16,767 16,565 16,513 61,881 51,843 30,731 52,765 91,227 152,001 89,152 86,042 194,464 201,425 229,931 295,849 395,403 422,889 397,628 455,338 185,145 267,076 217,239 259,210 132,022 173,885 90,636 90,205 21,419 16,959 36,717 11,511 15,518 54,1G1 9,960 . 25,217 1 1,360,013 ! 1,306,95G 1,335,721 1,236,547 5S1,631 519,564 513,604 439,735 209,000 220,524 218,999 249,394 150,433 172,301 164,236 140,929 September October November December 14,301 17,368 33,164 20,307 38,423 70,232 90,036 37,886 76,585 90,685 77,2SO 122,581 308,470 357,532 357,660 283,359 378,80S 357,519 347,051 294,064 261,962 227,162 213,966 176,903 105,352 50,265 71,995 58,552 15,8S1 33,815 27,720 43,294 20,906 [j 18,350 ! 6,576 1,236,277 : 1,206,486 , 1,123,940 1,067,293 365, GS6 319,426 290,944 2G0,599 255,431 258,373 257,328 251,85S 100,351 104,076 161,556 18,836 46,225 86,192 226,773 354,845 238,394 115,569 28,246 1,188,034 546,371 231,127 Average Seagoing steel vessels completed during m o n t h (gross tons). 1914 1916 1915 January.. February. March.... April 1917 191S 1919 1920 1921 1922 1923 8,975 None. 17,656 11,622 21,113 27,358 19,448 10,248 52,052 18,779 38,553 44,653 53,748 94,242 115,040 130,637 174,799 206,106 199,743 316,177 231,221 230,967 259,552 225,395 196,482 108,179 140,374 111,162 42,447 28,611 398 25,829 4,797 16,224 7,880 15,527 May June July August., 7,241 18,960 11,081 4,772 9,393 None. 37,391 29,124 9,826 22,479 36,086 97,908 59,891 46,716 157,598 163,034 146,981 191,102 351,368 329,981 330,094 400,528 151,780 231,686 185,731 224,310 115,312 144,525 80,169 73,995 8,625 8,434 6,853 3,538 1,034 25,815 September. October November. December.. 5,426 13,839 6,975 8,753 5,266 9,508 22,604 13,696 25,552 37,770 66,429 18,385 35,073 44,420 50,660 85,917 177,765 225,203 227,293 175,675 331,934 316,187 313,843 267,433 228,015 191,501 187,499 155,025 99,264 38,121 63,753 54,548 1,049 25,626 3,6R9 3,785 8,562 10,199 9,54S 27,094 50,895 155,110 294,849 208,557 102,157 13,239 Average 93 8,006 8,778 923 Compiled by the Department of Commerce, Bureau of Navigation. The total includes„ all ships built in the United States, officially numbered by the Bvnau of Navigation. Merchant ship construction represents total production of private American yards exclusive of Government vessels. Gross ton represents in units of 100 cubic feet the entire cubical capacity of the vessel, including crew and engine space. ZINC RETORTS AND CHAIN STORES. CHAJK-STORE SALES.* ZINC* Retorts in operation, end of month. Candy (4 chains). Groceries (32 chains). MONTH. 1930 1921 1923 1923 1919 Number. 1930 1921 1932 1923 Thousands of dollars. 1919 1920 1921 1923 1922 ,Stores. Thousands of dollars. Stores. 105,827 107,733 108,841 110,669 44,781 37,782 35,297 39,673 44,457 43,357 45,373 42,773 84,131 86,931 89,054 89,203 30,805 29,903 33,232 32,432 45,862 44,385 50,802 53,610 44,226 42,090 45,867 42,970 47,758 45,356 51,877 48,572 57,218 55,425 65,792 58,098 15,280 15,473 15,778 16,064 716 743 772 900 1,031 1,038 1,229 1,258 1,152 1,124 1,499 1,282 ,103 ,140 ,272 ,430 1,251 1,257 1,777 1,506 104 118 May June July August 99,733 96,094 89,141 78,031 40,043 35,789 30,349 29,576 48,765 52,677 54,909 57,193 86,731 84,455 82,075 75,325 33,437 31,505 35,127 34,445 52,759 51,992 55,329 49,653 42,006 41,445 40,563 42,583 48,346 47,815 47,376 48,681 62,513 58,524 57,664 59,616 16,457 16,717 17,325 17,525 821 772 860 954 1,236 1,192 1,324 1,322 1,278 1,300 1,349 1,377 ,349 ,297 ,335 ,418 1,610 1,670 1,671 1,700 129 134 135 135 September... October November. December...! 82,217 76,150 63,779 58,629 29,429 27,949 46,444 42,369 65,936 72,116 75,664 80,863 81,849 84,559 84,906 34,789 40,985 39,082 41,767 49,961 50,640 48,931 48,551 42,333 47,847 47,034 51,445 49,291 51,988 56,229 57,654 59,240 66,098 65,189 17,731 18,119 18,322 955 1,042 1,071 1,778 1,332 1,432 1,294 2,010 1,324 1,341 1,224 1,931 ,456 1426 1,373 2,090 1, 136 120 119 Average 89,737 36,623 57,007 34,793 50,206 44,201 50,079 949 l,30S 1,34S 1,391 January . February.!!" March April 1 Compiled by the American Zinc Institute. 'Compiled by the Federal Reserve Board, Division of Research and Statistics, from the direct reports of the individual chains. 1,758 1,652 99 50 MISCELLANEOUS. [Base year in bold-faced type.] VESSEL CONSTRUCTION.^ Under construction, end of m o n t h . Completed during m o n t h . Yrvr. ANI» MONTH. Total, Including • Merchant vessels. stcc] I CHAIX-STORE SALES.3 ZINC. Groceries (32 chains). Retorts In operation, end of month.' Rela- IThous.of Rela- Thous. of Relai Kohl- J tive Number. tive gross7 tivo Gross tons. tive to 1916. dollars. to 1919. to 1916. tons. . to 1916. 1 1913 monthly averago 1911 monthly average 1915 monthly nvcrupo 1910 monthly a v e r a g e . . . 1917 monthly average , 191S monthly average 1919 rnouthly average 1920 monthly averago 1921 monthly average 1922 monthly average 1923 monthly average 4 28,846 * 26,351 - I 18,830 •16,225 86,192 220,773 35-1,845 238,3M 115,509 28,246 G2 57 41 100 1S6 401 763 516 250 61 •10,199 9, MS 27,094 50,895 155,110 294,849 20S,557 102,157 13,239 38 35 100 1SS 572 1,OSS 770 377 49 1,236 1,188 546 231 CREDIT CONDITIONS, ELECTRICAL. TRADE.* Delinquent accounts. . ! Number of + Amount. firms> j RelaRelaN u m b e r . | tive tive Dollars. to 1921, to 1921. 100 44 19 $34,798 100 50,206 144 44,201 I 127 50,079 | 144 89,73" 36,623 57,007 $225,106 202,557 100 90 1,513 1,625 100 107 94 10? 1. May.... Juno.... July..., August. 132,622 ! 237 115,312 173,835 376 144,525 90,636 196 80,169 90,205 195 73,995 September. October November.. December.. 105,352 228 99,264 50,265 109 33,121 71,995 156 63,753 53,552 127 54,548 January.. February. March.... April May.... Juno.... July.... August. 21,419 1G>959 36,717 11,511 •25 15,S31 34 33,815 73 j September. October November., December.. January*., February. March.... April May.... June.... July.... August. September. October November., December.. ' Compiled by the A mcrican Zinc 8,625 3,434 6,853 3,538 31 31 25 13 209 1,049 25,626 3,669 3,785 39 95 14 14 18 60 29 57 302 38 95 3 150 23,611 6,203 13 393 34,303 74 46 60 43,294 94 14,292 31 21,392 46 38,972 ! 84 4,797 16,224 7,8S6 15,527 15,51S | 34 1,034 54,161 ] 117 25,815 93 8,606 24,978 | 54 9,960 ! 22 25,217 \ 55 20,906 ! 45 18,350 | 40 6,576 I 14 297 261 25,829 42,447 83 27,720 319 223 114 79 366 141 235 201 582 520 514 440 157 106 15 95 52,764 38,359 37 426 533 296 273 8,562 8,778 923 197 212 221 221 219 249 255 258 257 252 280 270 241 172 164 141 32 160 32 164 3 162 121 119 117 122 40,043 197,079 88 1,433 35,789 214,580 95 1,343 30,349 203,411 90 1,277 36 42,006 41,445 40,563 42,583 29,576 l! 204,432 91 1,352 30 26 24 21 42,333 47,847 47,034 51,445 122 138 135 148 29,429 202,387 90 1,466 27,949 228,446 101 1,566 46,444 235,267 105 1,725 42,369 223,372 18 16 17 18 47,758 45,356 51,877 48,572 137 130 149 140 44,457 177,291 79 43,357 183,292 81 45,373 173,361 77 42,773 188,326 84 17 18 IS 20 43,346 47,815 47,376 48,681 139 137 136 140 48,765 176,130 78 52,677 183,814 82 21 21 21 20 49,291 51,988 56,229 57,654 24 23 22 19 47 42 42 54,909 173,492 77 57,193 234,152 104 142 149 162 166 65,936 232,656 103 72,116 201,881 90 75,664 261,175 116 245,114 109 57,218 55,425 65,792 58,098 165 159 1S9 167 84,131 182,943 81 139,664 62 89,054 242,918 108 89,203 226,424 101 12 14 13 11 62,513 58,524 57,664 59,616 180 163 166 171 86,731 196,986 84,455 186,672 13 13 13 59,240 66,099 65,189 170 190 187 82,075 184,535 82 75,325 213,393 95 31,849 200,093 89 84,559 237,284 105 84,906 237,013 105 84 1,844 97 103 114 121 1,380 1,430 2,045 1,583 91 94 135 104 1,555 1,486 1,451 1,694 102 93 96 112 1,819 1,753 1,483 1,820 120 115 98 120 1,491 1,157 1,889 1,540 76 124 101 1,460 1,457 1,428 1,366 96 96 94 90 1,453 1,823 1,547 96 120 102 Institute. < Comnilw! frnm fiOTirrtaftn^Jeh^i K , , * U - ^_,.* . ....... ^ ... . ted to its constituent regional associations by electrical Cross too r e p e a t s in unit, o( 100 cubic feet the entir, cubical capacity of the vessel, including crew and engine space WORLD PRODUCTION OF CANE SUGAR AND FLAXSEED.* CANE SUGAR. Java. World total. YEAS. May United States.* Brazil. Oct. Oct. FLAXSEED. Hawaii. Nov. Porto Iilco. Cuba. Dec. Dec. India. World total. Dec. 9,971 11,293 12,776 13,442 14,508 13,324 13,799 13,656 14,487 14,569 311 247 139 311 246 284 122 176 328 295 1,514 1,054 1,797 2,009 1,960 1,478 1,473 1,579 1,906 1,993 *38 344 486 413 493 440 496 580 551 *476 567 646 593 645 577 600 556 522 592 3 525 States. United Canada. •Jan. Apr. Aug. Aug. 363 346 484 503 454 406 485 490 408 »379 2,295 2,967 3,437 3,442 3,957 4,597 4,209 4,408 3 4,476 •4,034 2,614 2,757 2,950 3,058 3,703 2,617 3,361 2,826 2,879 3 3,347 110,992 94,559 103,287 82,151 41,063 61,821 61,692 87,964 83,288 31,989 36,928 45,040 39,289 4,032 19,588 30,775 42,038 50,470 36,046 j 44,250 Louisiana and Texas. Exports. ; Thousands of bushels. 1923 latest estimates 1 s India. i Thousands of short tons. 1909-1913 average 1914 1915 1916 1917 1918 1919 1920 1921 1922 .• Una. 19,870 15,448 15,880 19,040 21,040 20,600 9,400 16,760 10,SOO 17,440 21,280 19,505 13,749 14,030 14,29(5 9,164 13,369 7,256 10,774 8,029 10,375 12,040 7,175 10,628 8,260 5,935 6,055 5,473 7,993 4,112 5,009 17,429 6,942 * From private sources. * New crop available In Januarv of the year Indicated; January, 1924, estimate Is 75,930,000 bushels. WORLD PRODUCTION OF BEET SUGAR * World total.* United States. Nether* Ger- C z e c h o many. slovakia. Russia. Poland. lands. Belglum. France. Italy. Spain. 209 166 166 160 162 120 185 150 228 2S3 116 112 117 139 154 169 91 104 SO Denmark. Sweden. YEAB. Thousands of short tons. 1909-1913 average 1914. .... 1915 1916 . 1917 1918 1919 1920 1921 1922 1923 latest estimates . . 8,432 8,331 6,056 5,803 5,208 4,592 3,490 4,997 5,473 »5,653 2,296 2 721 1 678 1,721 1,726 1,484 808 1 212 1,434 1,605 610 722 374 821 765 761 726 1.089 «l,074 mi 1,017 1,004 812 805 584 688 559 770 726 *810 1,726 279 L879 1 824 1,457 1,134 318 86 55 55 s i 217 239 293 263 249 106 195 198 >294 246 316 264 286 215 182 263 314 412 308 276 215 120 759 334 150 201 221 121 171 370 •316 509 140 136 7S 152 263 315 "292 • 176 128 168 143 124 149 156 149 168 156 94 154 170 140 151 144 141 141 181 259 = 79 i .. * Crops in all countries here given are harvested beginnln * Includes Ukraine; data from private sources. .., iber. * From private sources. sugar in terms of raw on the basis of 95 per cent of the raw. WORLD PRODUCTION OF RICE * World total. Country New crop available India. Egypt. States. United Italy. Spain. Japan. Dutch East Indies, i Philippines. Apr. Apr. Aug. Sept. Sept. Nov. Dec. Dec. Millions of pounds (cleaned). 1909*1913.. . . 1914 1915 1916 1917 1918 1919 ! 1920 : 1921 i 1922 1923 latest estimates „ .. 72,950 61,022 73,526 77,932 81,198 55,218 71,613 62,793 74,437 74,294 110,780 102,986 114,500 112,300 122,000 97,400 117,200 90,777 120,797 125,939 i 14,602 375 518 653 81 542 237 487 692 607 634 472 133 481 657 804 1,135 965 1.072 1L,166 1,446 1,045 L150 646 741 763 70S 716 712 662 997 Ml 1632 297 337 320 329 322 282 412 394 356 373 14,009 17,909 17,569 18,360 17,143 17,184 19,106 19,849 17,336 19,067 266 924 680 330 18,203 67,891 Normal consumption (1909-1913) i 7,349 7,826 3,323 3,465 7,051 6,430 5,669 6,904 1,124 1,404 1,109 1,289 1,745 2,210 1,977 2,127 2,560 2,681 2,703 •Java and Madura. > Acreage about half of normal: Summer crop only given. »1922 acreage 296*500 compared with 286,400 acres in 1921 ^ D a t » compiled by U. S. Department of Agriculture, Bunau of Agricultural Economic*, and corrected monthly in accordance with latest available Information received I3w * department or by Department of Commerce, Bureau of Foreign and Dnmntlc C^mmerc*. Countries are placed in the order in which crops are harvested. 1923 estimates are as of December 20,1923. ho 52 WORLD PRODUCTION OF COTTON * World total. Country Now crop available Peru. United States. Mexico. India. Jane. AUgUbt. August. November. Egypt. Brazil. September. September. Thousands < f hales (47* pounds net). 20,660 1909-1913 average 1914 .. 24,630 ! 106 129 113 127 125 13,033 16,135 11,192 11,500 11,302 193 108 95 103 135 3,584 4,354 3,128 3,759 3,393 322 387 282 281 345 1,453 1,337 989 1,048 1,304 12,041 11,421 13,440 7,954 9,762 203 199 188 147 1 178 3,328 4,853 3,013 3,748 «4,348 339 384 451 505 553 999 1,155 1,251 902 1,015 1015 18,470 1916 igi7 18,970 ! 1918 18,580 1919 10 925 142 155 1920 20,940 154 1921 15,391 157 1922 18,695 137 18 370 10,081 1923, latest estimates. . . 1 From private sources. 1,213 * 1922 acreage 12,496,000 compared with 11,976,000 in 1921. SOURCES OF DATA. CURRENT PUBLICATION. 1 DATE OT PUBLICATION- I . - R E P O R T S FROM GOVERNMENT DEPARTMENTS, FEDERAL, STATE, AND F O R E I G N . ARGENTINE MINISTER OF AGRICULTURE. AUSTRALIAN COMMONWEALTH'S B U REAU o r CENSUS AND STATISTICS. B A N K OF JAPAN BRITISH B O A R D OF TRADE CANADIAN DEPARTMENT or L A B O R . . CANADIAN DEPARTMENT AND COMMERCE. FEDERAL FEDERAL FEDERAL FEDERAL OF TRADE FARM LOAN BOARD R E S E R V E BANK OF ATLANTA RESERVE BANK OF BOSTON RESERVE B A N S OF CHICAGO. FEDERAL RESERVE BANK OF CLEVELAND. FEDERAL RESERVE B A N I O F DALLAS., FEDERAL RESERVE B A N K o r K A N S A S CTTT. FEDERAL R E S E R V E B A N K OF M I N N E APOLIS. FEDERAL RESERVE B A N K OF N E W YORK. FEDERAL R E S E R V E B A N K o r PHILADELPHIA. FEDERAL RESERVE B A N K OF RICHMOND, FEDERAL RESERVE B A N K OF S A N FRANCISCO. FEDERAL RESERVE BOARD FRENCH MINISTRY or LABOR AND SOCIAL WELFARE. ILLINOIS DEPARTMENT OF LABOR INDIAN DEPARTMENT OF STATISTICS... INTERSTATE COMMERCE COMMISSION..] ABSACHUSETTS DEPARTMENT L A B O R AND INDUSTRIES. Cereal exports from Argentina.. Estadistica Agro-Pecuaria. Price Index for Australia Federal Reserve Bulletin.. Second week of month. Price index for Japan Price Index for United Kingdom Price index for Canada Employment in Canadian trade-unions Operations of Canadian employment service... Foreign trade of Canada Canadian railroad operations Canadian Iron and steel production Agricultural loans by land banks Wholesale trade Savings deposits in First Fed. Res. D i s t . j Savings deposits in Seventh Fed. Res. D i s t . . Agricultural pumps Savings deposits in Fourth Fed. Res. D i s t . . Federal Reserve Bulletin British Board of Trade Journal Labour Gazette (Canadian) Labour G azette (Canadian) Labour Gazette (Canadian) Foreign trade of Canada Operating Revenues, etc., of Railways *... Pressreleases* „ Not published Business Conditions Monthly Review Business Conditions Business Conditions Business Review Second week of month. Wholesale trade Wholesale trade Business Conditions.., Business Conditions.., Monthly. Monthly. Retail sales of lumber by rural yards Business Conditions.. Monthly. Foreign exchange rates and Index Savings deposits in Second Fed. Res. D i s t . . Savings deposits in Third Fed. Res. D i s t . . Wholesale trade Savings deposits in Fifth Fed. Res. D i s t . . Wholesale trade Savings deposits in Twelfth Fed. Res. Dist.J Wholesale trade Foreign exchange index numbers Debits to individual accounts Condition of Federal reserve banks , Condition of reporting member banks , Money held outside U. 8. Treasury and Federal reserve system to July 1,1922. Wholesale price index numbers Fed. Res. Bull, and daily statement * Monthly Review Business and Financial Conditions Business and Financial Conditions Business and Agricultural Conditions Business and Agricultural Conditions Business Conditions Business Conditions Federal Reserve Bulletin Fed. Res. Bull, and weekly press releases * Fed. Res. Bull, and weekly press releases • Fed. Res. Bull, and weekly press releases • Federal Reserve Bulletin Dally and monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. ... Monthly (second week of montn). Sunday papers and monthly. . F i t morning papers and montwy. Fii. afternoon papers and monthly. Monthly. Federal Reserve Bulletin Federal Reserve Bulletin Monthly. Monthly. Federal Reserve Bulletin Monthly. Federal Reserve Bulletin Federal Reserve Bulletin. Federal Reserve Bulletin Federal Reserve Bulletin Federal Reserve Bulletin Bulletin de la Statisque Generate The Employment Bulletin Federal Reserve Bulletin Preliminary statement of operations of Class I roads. Operations of I Not published Not published Month! Uy statement*., Monthly. Monthly. Monthly. Monthly. Monthly. Department store trade; in cooperation with National Retail Dry Goods Association. Index numbers of department store, mailorder, and chain store trade. Barley and rye receipts Sales of loose leaf tobacco Index of ocean freight rates Index numbers of production Wholesale trade , Price index for France , Employment in IUlnols Price index forlndia Railway revenues and expenses Telephone operating revenue and income Telegraph operations and income Express operations and income Massachusetts employment Monthly. Monthly. Semimonthly. Semimonthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Monthly. Second week of month. Monthly. Monthly. * MolUzraphed or mimeographed sheets. > Thl* b not necessarily the source of the figures published in the SURVEY as many of them ars o tive Journals. This column and the right-hand column ha^" v * i e c t from the compilers p reade I b i i current statistics between publicat r to pobU»t dates of th« 53 SOURCES OF DATA—Continued* SOURCE. CURRENT PUBLICATION. DATE OF PUBLICATION. I.—REPORTS F R O M G O V E R N M E N T D E P A R T M E N T S , FEDERAL, S T A T E , AND FOREIGN-Contlnued. MASSACHUSETTS DEPARTMENT PUBLIC UTILITIES. NBW YOBK STATE DEPARTMENT LABOR. NEW YORK BTATB DEPARTMENT PUBLIC WORKS. PANAMA CANAL OF OF OF Milk receipt! at Boston Panama Canal traffic , PENNSYLVANIA DEPARTMENT OF L A - Unemployment In Pennsylvania., BOR AND INDUSTRY, D . B. DEPARTMENT OF AGRICULTURE— Bee/, pork, and lamb production., ..... BUREAU or ANIMAL INDUSTRY. U. B. DEPARTMENT OF AGRICULTURE— B U R E A U OF A G R I C U L T U R A L ECONOMICS. Prices of farm products to producer. Wool stocks in dealers' hands Crop production U. 8. DEPARTMENT o r A G R I C U L T U R E FOREST SERVICE. Cold-storage holdings and fish frozen Movement of cattle, hogs, and sheep Receipts of butter, cheese, eggs, and poultry.. Production of dairy products Car lot shipments of fruits and vegetables Farm labor, wages, supply, etc World crop production Livestock on farms : Total lumber production from 1913 to 1020.... Wood pulp production, 1914 and 1916 Cotton ginned Cotton consumed and on hand Active textile machinery ___ Leather, hides, shoes, production and stocks... Cottonseed and cottonseed oil Hosiery statistics , Hen's and boys' clothing Malleable castings , Wheat flour production from May, 1923 Pyroxylin coated textiles Stokers, sales from January, 1923 8tock3 of tobacco held • Wool consumption and stockg , Work clothing Cast-iron pipe Production tnclexe> ol raw materials and manufactures. Fats and oils, production, consumption, and stocks. Fabricated structural steel sales from April, 1932. Automobile production from July, 1921 Wood chemical operations Steel castings sales Steel furniture shipments Earnings or public utllitios Plumbing goods price index C* S. DEPARTMENT OF C O M M E R C E - Fish catch at principal fishing ports U. 8. DEPARTMENT OF COMMERCE— BUREAU OF THE CENSUS. BUREAU OF FISHERIES. U. 8. DEPARTMENT OF COMMERCE-^ BUREAU OF FOREIGN AND DOMESTIC COMMERCE. 0 . 8. DEPARTMENT OF COMMERCE— BTOEAU OF NAVIGATION. u ' »• DEPARTMENT OF COMMERCE— BUREAU OF STANDARDS. n o " S E A D I CORPORATION « u J > E P A B T 1 < E N T 0 F THE INTERIOR— 8 n ^ OF MINES. u . b . DEPARTMENT OF THE I N T E R I O R GEOLOGICAL SURVEY. n All imports and exports Fuel loaded for consumption by vessels at principal clearing ports. Tonnage of vessels, entered and cleared in United States foreign trade. Data on trade, employment and coal and iron production of foreign countries. Wholesale price of wool , Warehouse stocks of rice Vessels undo*1 construction and vessels completed. Building material price Indexes ^ E T M E N T O P LABOR—BUT ^ ° * IMMIGRATION. . DEPARTMENT OF L A B O R — B U REAU OF LABOR STATISTICS. Monthly Crop Reporter * Market Reporter*. Monthly Crop Reporter" and press releases.* Market Reporter* Market Reporter * , Market Reporter*1 , Market Reporter .... , Market Reporter* , Monthly Crop Reporter K Foreign crops and markets* , Market Reporter* Production of Lumber, Lath, and Shingles Pulp Wnod Consumption and Wood-Pulp Production. Preliminary report on ginnings* Preliminary report on cotton consumed.. Wool machinery and cotton spindles • Census of hides, skins, and leather * Preliminary report on cottonseed Press release * Press release * Pressrelease * Press release * Press release * Press release * Statement on stocks of leaf tobacco Pressrelease* Pressrelease* Pressrelease* Survey ol current Business Statistics of fats and oils* Pressrelease*.. Last weekly issue of month. Semimonthly* Last weekly issue of month or first of next month. Monthly. First weekly issue of month. Releases about 1st of month (cotton) and loth (other crops). Fourth weekly issue of month. Third weekly Issue of month. Weekly. Quarterly. Third weekly isiue of month. Monthly. Weekly. Annually. Yearly. Yearly. Semimonthly during season* 15th of month. 20th of month. First week of month* 18th of month. 30th of month. 30th of month. 30th of month. 30th of month. 30th of month. 20th of month. One montn after end of quarter. / Quarterly. ' 30th of month. 25th of month. Montnly Quarterly (one month after end of uarter). i of month. a Pressrelease* Pressrelease* Pressrelease* Pressrelease* Survey of Current Business. Survey of Current Business. Monthly statement 20th of month. 30th of month. 20th of month. 20th of month. Monthly. Monthly. Monthly Summary of Foreign Commerce. (Parti.)1 Not published Last week of month. Monthly Summary of Foreign Commerce. (Part II.) Various foreign sources Middle of next month. Wholesale Prices Monthly Summary of Foreign Commerce. (Part II.) Commerce Reports Yearly. Monthly. First weekly Issue of month (Mondays). Not published No longer published Uefinery Statistics* Portland cement, production, etc., Coal and coke production Report on Portland cement output * Weekly report on production of coal * . . . . Crude petroleum, production, etc Electric power production Consumption of fuel by public utility plants. Fieiiras on nonferrous metal production Patents granted Preliminary statistics on petroleum * Production of electric power * Production of electric power * Mineral Resources Not published Not published.., Number on pay roll—United States factories.. Industrial Survey* Report of Activities of State and MuniciEmployment agency operations pal Employment Agencies. Immigration and emigration statistics., Not published Wholesale prices of commodities, including farm products, food, clothing, metals, etc. Wholesale price Index Retail price Index of foods.. Retail coal prices . 8 . POST OFFICE DEPARTMENT United State* postal savings Postal receipts Passports issued NT ° * STATE Government debt, receipts and disbursements. DEPARTMENT Money in circulation from July l f 1922 * Hultigrtpbed or mimeographed sheets. * 5 2 . ° " ? *** e x Ports of gold and silver in Part IT, Beginning Jan. 7,, u a , oombined into public 1922, Into new publication called, Weaihtr, CVopt, end The Panama Canal Record Semimonthly report • Market Heporter * Wheat flour production, prior to July, 1920..., Refined petroleum products, production, etc.., pKfARTMENT OF TOE INTERIOR— (^pT n T W185 E P A 0EF™ E N T 0 F THE INTEKIOE— Visitors to National Parks., fl ^ NATIONAL PARKS. • a * DEPARTMENT OP LABUK—EM* - SEBVICE. Not published New York State factory employment ana Labor Market Bulletin ana press releases *. Monthly. earnings. New York State canal traffic , Annualrepor t v Yearly. Second week of month. 20th of month. Second or third weekly Issue of month * (Saturdays). 25th of month. tind of month. Knd of month. Annually Monthly. Kirst week of month. Every 4 or 5 weeks. Wholesale Prices of Commodities.. Monthly Labor Review Monthly Labor Review Monthly Labor Review Postal Saving News Bulletin Statement of Postal Receipts * Not published Dally Statement of the U. S. Treasury... Circulation of money Markcti, issued weekly* Monthly. Monthly. Monthly. 12th of month. 7th of month. 10th of month. Last day of month. Monthly. 54 SOURCES OP DATA—Continued. CUEBEHT PUBLICATION. DATA. DATE OF PUBLICATION, I*-KEPOItTS FIlO>r GOVERNMENT DEPAETMENTS, FEDERAL, STATE, AND FOREIGN—Continued. Domestic rewipw of gold at mint U. ». TKKASUl'.Y DEPARTMENT— HUIIKAU or Tim MIST. 17. S. TREASURY DEPARTMENT—BU- : . . Not published OJeomarrarino production '. Consumption oX manufactured tobacco, snuff, ctear>. du'firettes, and oleomargarine. Intornul Revenue taxes on specified articles... Iron oro movement Sault S t c . Marie Canal traffic Ohio R i v e r cargo tralUc Bnrce trnffie on Mississippi River REAU Or INTFUNAL IiCVKNUE. U. S. W.VR DEFAHTMKNT—P^NGINEER CORPS. Not published Statement of tax-paid products * First week of month. Classified collections of Internal Revenue. Monthly statistical report Monthly statistical report . 25th of m o n t h . Monthly during season. Monthly during season. Monthly. Not "published".!." .*." ! U. 8. W A R DKPAKTUKNT—Mississrrrt WARRIOR SERVICE. Agricultural loans Not published in form used I... W A I : FINANCE CORPORATION 15th of m o n t h . WISCONSIN INDUSTRIAL COMMISSION... Wisconsin factory earnings and employment.. Bulletin on Wisconsin labor market * H . - I I E P O K . T S F R O M TRADE ASSOCIATIONS AND P E I V A T E O R G A N I Z A T I O N S . Excluding individual firms reporting data to be combined with other firms or trade associations.) Bulldinp costs Sale o/abrasive paper and cloth. ABERTHAW CONSTRUCTION C O . . . ABRASIVE PAFKR AND CLOTH &IAKUrAcnniKn.V KICIIANOE. Coastruction trade papers. Not published Cora ground into starch, glucose, e t ; . AMERICAN MANUFACTURERS ASSOCIA- Notpublished TION o r PRODUCTION* FROM CORN. AMERICAN BUREAU OT METAL STA- Copper production Silver production TISTICS. Load production Zinc production in Belgium-. Zinc stocks in United Kingdom AMERICAN P A C F BRICK ASSOCIATION., Face brick production, stocks, e t c . . . . AMERICAN NEWSPAPER PUBLISHERS' Stocks of newsprint paper. ASSOCIATION. AMERICAN inos AND STEEL INSTITUTE. AMERICAN PETROI.KUM INSTTTUTE AMERICAN PIO IRON ASSOCIATION.... AKKRICAK KAILWAT ASSOCIATION (Cor Service Division). AMERICAN TELEPHONE GRAPH Co. AND T E L E - Notpublished Not published Notpublished Notpublished Notpublished Not published Monthly report Steel ingot production Gasoline a n d kerosene consumption. Merchant piijiron production, e t c . * Freight c a r surplus a n d shortage. Car loadings and bad-order cars Stockholders in the company , Monthly. Press release to trade papers * . . . . Special statement Notpublished Car Surplusages and Shortages *.. Information Bulletin * Financial papers AlfK&lCAN WALNXTT MAJTDTACTtmEBl' Walnut l u m b e r and logs. ASSOCIATION*. , AMERICAN WRITINO PAPER COM? ANT. j Purchases and sales of p a j w Production and stocks of zinc, retorts operAMERICAN* ZINC INSTITUTE ** * * ating. Not published.. 13th of month. Statement of anthracite shipments *.. Monthly report * 15th of month. Monthly. Notpublished Notpublished Notpublished , Number of tons carried 1 mile I Average receipts per ton-jnile } Passengers carried 1 mile Railway employment Locomotives in bad order " „ Per cent of earnings on valuation. CALIFORNIA REDWOOD ASSOCIATION... Redwood lumber production, etc.... CALIFORNIA Wnrnc AND SUGAR P I K E Sugar pine lumber production, e t c . . . . ! * " " ] \ ASSOCIATION. Si _ of operating statistics. Not pul Summary of statistics. Not pubfishe-. Notpublished..., Notpublished... Notpublished..., Not published... CHICAGO BOABD OF TRADX CHILPS Co CLEVELAND TRUST CO Trader Monthly report.... „ COSIFAQNIE TJNTVERSELLE DU CANAL irAumstn t>r> SUEZ. CONTATNEB CLUB CREDIT CLEARING H O U S E . . . DAIHTMEN'S LEAGUE COOPERATIVE ASSOCIATION, INC. F. W. DODGE CORP EMPLOYERS' ASSOCIATION OF DETBOIT. ENAMELED SANTTABT MANUFACTUBEBS ASSOCIATION. FEDERATION OJT InoN AND STEEL MANUFACTURERS (British). F E L T MANUFACTURERS ASSOCIATION... : FINE COTTON GOODS EXCHANGE FlBE EmNGUtSHCB EXCIUNOE FOUNDRY EQUIPMENT TURKR.S' AfSOaATlON. MANUFAO- Fall River 31111 dividends... j W l n e and rosin receipts LAKE SUPERIOR IRON A5OOIT?ON^ MANUFACTUBEBS' MCLEAN BUILDINO REfoais, LTD * Sales of leather belting , Maple flooring production, etc.. CenadlaabuUding extracts Dally. Monthly. Monthly. Dally. Monthly. Not published currently." Le Canal de Suez.. Not published Credit conditions Credit MlUc deliveries to milk plants.."..I\\\\\\\\\\\ Not published* Not unhH«hiui Building statistics-Contracts awarded.. Detroit factory employment ' Statement on Building Statistics. , Enameled sanitary ware .% ' Weekly press release Not published British iron and steel production Trade papers ., Rooflng felt production, stocks, etc Not Notpublished Fine cotton goods production and sales Shipments of fire extinguishers.... Trade papers Foundry equipment production!" Notpublished HARDWOOD MANUFACTOBXSBS Ixan- i Stocks and unfilled orders hardwood lumber.. TUTE. HAFFARDS, U. M.f A Co ;, Trade papers........ No longer published, •Wheat, corn and oats, receipts, e t c . . Restaurant sales [m " " • • • Automobile production, m o n t h l v " 1920, to June, 1921. *' Suez Canal traffic Production of paper box board through April, Weekly. Weekly. Third week of month Quarterly. Notpublished Press release to trade papers * ANTHRACITE BUREAU o r INFORMATION Anthracite shipments and stocks ASSOCIATED K N I T UNDKRWKAR MANU- Knit underwear production FACTURERS' ASSOCIATION. ASSOCIATION OF LIFE INSURANCE New life Insurance business PRESIPENTS. Premium collections """ BOSTON, CAPE COD AND N E W Y O R K Cape Cod Canal traffic "" CANAL C O . BOSTON OTIAMRER OF COMMENCE Receipts of wool at Boston BRIDGE BUILD E S S AND STBUCTUHAL Fabricated structural steel sales before April F ] SOCIETT. 1922. BtrREAU OF RAILWAY ECONOMICS. 7th oi month. 5th, 15th, aud 25th of month. Weekly. Monthly. Second week of month. Monthly, Monthly report.. Bradstreets... Notpublished ** Not published... Weekly report*. Naval Stores Review Financial papers..., Monthly report*., Monthly report (not subllshed). Notpublished ., -' C a n a d a Building l«vlew * Multigraphed or mimeographed sHeet" Quarterly. Weekly. Weekly. Monthly. Monthly. 55 SOURCES OF DATA—Continued. BOUECE. DATA. CUEEENT PUBLICATION. DATE OF PUBLICATION. II.—REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE OUGANIZATIONS-Continued. (Excluding Individual firms reporting data to bo combined with other firms or trade associations.) MERCHANTS' EXCHANGE OF ST. LOUIS . . Receipts and shipments of lead and zinc Mississippi River traffic MICHIGAN HARDWOOD MANWACTUR- [ Hardwood and soitwood lumber, production ERS' ASSOCIATION. and shipments. MINNEAPOLIS CHAMBER OF COMMERCE J Linseed oil and oll-cako shipments NATIONAL ALLIANCE OF CASE GOODS Unfilled orders and shipments of furniture— ASSOCIATION. NATIONAL ASSOCIATION OF BRASS MANUFACTURERS. NATIONAL ASSOCIATION OF BUTTON MANUFACTURERS. NATIONAL ASSOCIATION OF CHAIR MANUFACTURERS. NATIONAL ASSOCIATION OF CORRUGATED AND FIBER BOX MANUFACTURERS. NATIONAL ASSOCIATION OF FARM EQUIPMENT MANUFACTURERS. NATIONAL ASSOCIATION OF FINISHERS OF COTTON FABRICS. NATIONAL ASSOCIATION OF HAT MANUFACTURERS. NATIONAL ASSOCIATION OF STEEL FURNITURE MANUFACTURERS. NATIONAL ASSOCIATION OF SHEET AND TIN PLATE MANUFACTURERS. NATIONAL ASSOCIATION OP WOOL MANUFACTURERS. NATIONAL AUTOMOBILE CHAMBEB OF COMMERCE. NATIONAL BOTTLE MANUFACTURERS' ASSOCIATION, ATIONAL CONTAINER ASSOCIATION. . . . NATIONAL ELECTRICAL CREDIT ASSOCIATION. NAT. INDUS. CONFERENCE BOARD NATIONAL PAVING BRICK MANUFACTUREBS' ASSOCIATION. NATIONAL RETAIL DRY GOODS ASSO. . NATIONAL WOOD CHEMICAL ASSO NEW ORLEANS BOARD OF TRADE NEW ORLEANS COTTON EXCHANGE.... NEWS PRINT SERVICE BUREAU Receipts and shipments at St. Louis Not published Not published Monthly statements Not published in form used Brass faucets, orders and shipments Not published Button stocks, activity, etc Weekly report Chair shipments and unfilled orders Not published Business conditions Reserve). Not published Agricultural pumps Finished cotton goods, billings, orders, shipments, and stocks. Hat production, etc., and stocks of fur , Not published Sheet-metal production and stocks Not published 1913figuresfor active textile machinery No longer published Production and shipments of passenger cars and trucks. Glass bottle production Index Traffic bulletin * (production figures not published). Not published Second week [of monti>. Production of paper box board since April, 1923 Not published........ Credit conditions Not published Monthly press release. Monthly report Cost of living Paving-brick production, etc. Federal Reserve Bulletin Not published Monthly report Monthly report Monthly bulletin Monthly bulletin Monthly statement Trade papers The Index Not published Not published Not published Ohio foundry iron production Spectacle frames and mountings, sales, etc....! Stockholders in the company '...| Turpentine and rosin receipts Milk receipts at Philadelphia Cement paving contracts Shipments of prepared roofing Monthly report • (not published) Not published Financial papers Naval Stores Review Not published Concrete Highway Magazine Not published Pullman passenger traffic Fire-clay brick production, etc Silica brick production, etc m w receipts, Lcvxupbs, OI.VA;JU5, ^W Rice stocks, etc, Shipments of rope paper sacks Not published Not published Not published Monthly report Not published Automobile tires, tubes, and raw material Rubber stocks in England Turpentine and rosin receipts Savings banks deposits In New York State Raw silk consumption, etc Furniture shipments and unfilled orders 21st of month. Monthly. ....... , First week of month. First week of month First week of month. First week of month. Monthly. Not published Oak flooring, production, etc | Monthly reports (not published) i Bulletin of Rubber Growers Association.. ' Naval Stores Review I Not published *.\ Monthly press release to trade papers * . . : Not published in form used Yellow pine production and stocks Steel barrel shipments, orders,etc I Not published in form used j Monthly reports* (not published).. Sales of steel castings Sales of stokers through December, 1922 | Not published, No published., " longer ' TION CITY M M PRODUCERS' ASSO- Milk production, Minnesota Not published CIATION. U.S.STEEL COBPOBATION Unfilled orders Earnings Stockholders Wages of common labor Printing activity Restaurant sales Douglas flr lumber production, etc Monthly Federal Not published Not published Not published........ Semiweekly reports.. MANOTACTUBEBS1 (Chicago Steel furniture shipments Sales of fabricated structural steel Leather production through May, 1922 Tubular plumbing sales OJ AMEBICA WALBOBF SYSTEM, INC. W I S T COAST LUMBEBM] BEBMEN'fl* ASSOCIA- Weekly. Not published In form used Production of paper box board through April, 1023. Department store trade (see Fed. Res. B d ) . . . . Production of wood alcohol and acetate of lime. Rice distribution through New Orleans Cotton receipts into sight Canadian newsprint production, etc U. S. newsprint data since June, 1923 NEW YORK COFFEE AND SUGAR E X . . . Coffee receipts, stocks, etc NEW YORK METAL EXCHANGE Stocks of tin NEW YORK TRUST COMPANY Indexes of stock and bond prices NORTH CAROLINA PINE ASSOCIATION.. North Carolina pine, production, etc NORTHERN HEMLOCK AND HARDWOOD Hemlock and hardwood lumber production, MANUFACTURERS' ASSOCIATION. etc. NORTHERN PINE MANUFACTURERS' Northern pine lumber and lath ASSOCIATION. OAK FLOORING MANUFACTUBEBS* ASSOCIATION. OHIO FOUNDBYKEN'S ASSOCIATION... OPTICAL MANUFACTURERS' ASSO PENNSYLVANIA RAILROAD CO PSHSACOLA CHAMBEa OF COMMERCE.. PHILADELPHIA MILK EXCHANGE PORTLAND CEMENT ASSOCIATION j PREPARED ROOFING MANUFACTURERS' ASSOCIATION. PULLMAN COMPANY REFRACTORIES MANUFACTURERS' ASSOCIATION. RICE MILLERS' ASSOCIATION ROPE PAPER SACK MANUFACTURERS' ASSOCIATION. RUBBER ASSOCIATION OF A M E R I C A . . . . RUBBER GROWERS' ASSOCIATION SATANNAH BOARD OF TRADE RATINGS BANKS ASSOCIATION o t STATE OF NEW YORK. BILK ASSOCIATION OF AMERICA SOUTHERN FURNITURE MANUFACTURERS' ASSOCIATION. BOUTHIBN PINE ASSOCIATION STEEL BABBEL MANUFACTURERS' AS5OCIATION. BTXEL FOUNDERS' SOCIETY BTOKK* MANUFACTURERS' ASSOCIATION. STBUCTUSAL STEEL SOCIETY JANNIBS' COUNCIL „ • ^ ( U L A * PLUMBING GOODS ASSOCIA- 3d of montb. Pressrelease* Pressrelease* Financial papers Special reports * Typothetae Bulletin ; . . . . Monthly press release *.. Not published Sales of elastic webbing Not published Western pine lumber Droductton, «tc.. - Not nr»blished * Hultigraphed at mlnnotrjipiied sheets. Quarterly. Weekly. Monthly 1onthly. Weekly. th of month. 10th of month. Monthly. Quarterly. Occasionally. Monthly. 56 SOURCES OF DATA—Continued. DATK Of PUBLICATION. 8QUBCX. III^-REPORTS FEOai TECHNICAL PERIODICALS. AMERICAK METAL MAE RET. TUB AKNAUST ... TUK BOKD Btrrxs. BSUDSTBCBT'S BUlXXtTN DI LA STATl3TIQt7E GENKItALZ CBKMICAL AND MKTALLUBOICAL EKQIKEXSIKO. COAL A G E . . . . . . . ...... COUkKBCUL AHD FDUNCUL CllRONlCUt Dow, JONES & Co. (WALL STBXET JOUBN'AL) . REVIEW ELECTKICAL WOULD ENOXNEX&IKO AND MlNINO JoUEN AL-P&Z33. ENOiKXKftmo NKWS RECORD FINANCIAL POST FRANKFCTBTXR ZXITUNO HAT TBADE JOURNAL lEOH AOX TRADE RXVIXW. LOKDON ECONOMIST LUMOEB M RECORD., MILK REFOBTEB MODERN MILLEB NAVAL STOBKS RXVIIW N l U E ZUBJCnXR ZZTTUNO NXW YOBK JOUBKAL 0 7 COUUXBCK. NEW YOBST EVMTOfO P03T. N0RTHWX9TXRN MlLLXB OIL, PAINT, AND DBUQ RXFORTZB. O a T*ADX JOU P B I K T X W INX PUBLI3HXRJ' WXXKLY RUSSELL'S COUUXRCUL NEWS 8TATI3T1CAL SLJOAB TRACK JOURNAL. 8 IlANDIL9TIDNtN0 Composite pig iron and steel prices Now York*tock sales New York closing stock prices Foreign exchange rates, 1014 to 1918 State and municipal bond Issues Municipal bond yields VUiblesupply or wheat and com Bank clearings. United States and Canada Wholesale price index Business failures, Canada Price Indox for France Chemical price index Mine price of bituminous coal Cotton (visiblesupply) Interest rates Mall order and chain store sales New corporate securities Now York bond sales and prices Mexican petroleum shipments Business failures Wholesale price index... Sales of electrical energy, central stations Rand gold production Silverprtces Construction cost and volume index Canadian bond issues..... Price index for Germany Hay receipts Pig-iron production and furnaces in blast Composite finished steel price Iron and steel prices Rail way freight ear orders PriceindexTor United Kingdom Price Indices of lumber Southern construction Southern bond Issues Milk receipts at Greater New York Argentine visible supply of wheat and corn. , Turpentine and rosin, receipts and stocks Price index for Switzerland.... , Dividend and Interest payments New capital issues and new corporations , Firelosses Newspaper advertising Flaxseed, receipts, etc Wheat floor production for 1917 Price Indices of drugs, oils, etc Argentine visible supply of flawed Mexican petroleum shipments Magaiine advertising Book production , Wheat flour production, from July, 1920 Sugar stocks, receipts, meltings, and Cuban statistics, Price index for Sweden.. , First or second week of month (daily). First weekly issue of month (Mondays). Weekly (Mondays). Weekly (Mondays). First weekly issue of month (Saturday!). First weekly issue of month (Saturdays). Weekly (Saturdays). First weekly issue of month (Saturdays). Second weekly issue of month (Saturdays). First weekly issue of month (Saturdays). Monthly. Weekly (Wednesdays). Weekly (Thursdays). Weekly (Saturdays). Weekly (Saturdays). Second or third weekly issue of month (Saturdays). Last issue of month. First week of month (dally). 20th of month (daily). First weekly issue of month (Saturdays). First weekly issue of month (Saturdays). First weekly issue of month (Saturdays). Second weekly issue of month (Saturdays). Second weekly issue of month (Saturdays). First weekly issue of month. Weekly (Thursdays). Weekly 7 (Fridays). First weekly issue of month (Thursdays). Weekly (Thursdays). Weekly (Thursdays). First weekly issue of month (Thursdays). loth of month. First weekly issue of month (Fridays). Monthly. Monthly. Weekly. Weekly. Weekly (Saturdays). First week of month (daily). First week of month (daily). 10th of month (daily). Not published. Weekly (Wednesdays). Weekly (Mondays). Weekly (Mondays). 10th of month (monthly). Second week of month. Third week of month. Weekly compilation (daily). Weekly (Fridays). PUBLICATIONS OF THE DEPARTMENT OF COMMERCE. Recent publications of the Department of Commerce having the most direct interest to readers of the SURYET OF CURHKNT listed below. A complete list may be obtained by addressing the Division of Publications, Department of Commer**©, at Washington. Copies of the publications may be purchased from the Superintendent of Documents, Government Printing Office, Washington* at the prices stated below* If no price is. mentioned, the publication is distributed free. BUSINESS are BUREAU OF THE CENSUS. BUREAU OF FISHERIES. (For circulars giving plan of publication and attribution of Fourteenth Census . publications address the Director of the Census.] Aquatic Plants in Pond Culture (second edition), by John W. Titcomb, formerly chief of Division of Pish Culture. Document No. 948; 24 pages. Among the topics discussed are the importance of aquatic plants in pond culture, objectionable aspects of pond vegetation, and methods of controlling and eliminating undesirable plants. Price ,10 cents. Significance of Larval Mantle of Fresh-Water Mussels during Parasitism, with Notes on a New. Mantle Condition Exhibited by Lampsiils Luteola, by Chester N. Blystad. Document No. 950; 17 pages. Price, 10 cents. Tojticitics of Coal-Tar Creosote, Creosote Distillates, and Individual Constituents for the Marine Wood Borer Limnoria Llquorum, by L. F. Shackell. Document No. 952; 10 pages. Price, 5 cents. Animal and vegetable fats and oils, 1919-1922.—24 pages. Price, 5 cents., ' Volume II, Fourteenth Census Reports.—General report and analytical tables, 1,410 pages. Price, $2.50. . Abstract of the Fourteenth Census Reports, 1920.— 1,303 pages. Price. $1.50. Center of population and median lines* and centers of area, agriculture, manufactures, and cotton.—41 Mortality statistics, 1931 (bulletin),—112 pages. Price, 25 cents. -'.••';*•.-•. 46 pages. ••• . Annual report of the Director of the Census, 1922-23.— .. . , . • - „ Industry bulletins, Census of Manufactures, 1921*—* Coke, 11 pages; Canning and preserving, 30 pages; Cast-iron pipe. 7 pages; Knit goods, 16 pages. ' Estimates of population of the United States, 19101923.—140 pages. Price, 15 cents. BUREAU OF FOREIGN AND DOMESTIC COMMERCE. Commerce Reports.—A weekly survey of foreign trade. .Cable .summaries of world conditions and articles on situation in various commodities in foreign countries. Quarto, 72 pages. Price, 10 cents per copy; $3 per year ($5 for foreign), -r Monthly Summary of Foreign Commerce of the United States.—Parts 1 and 2. Gives, total values by. countries and by customs districts, movements of gold and silver in foreign trade, merchandise remaining in warehouse, and trade with noncontiguous territories of the United Stated. Price, 10 cents, including both parts; SI per year. . Trade and Economics Reviews of Foreign Countries, 19552.—Annual reports of consular officers issued in separate pamphlets as Supplements to Commerce Reports, These reviews contain statistics of foreign trade for 1922. The following have become available since the November announcement: No. 22, Norway} No. 23, Ecuador; No. 24, Chile; No- 25, Bolivia; No. 26, Guatemala; No. 27, Costa Rica; No. 28, .Union of South Africa} No. 29, Salvador; No. 31, Madagascar; No. 32, Dominican Republic. - ..--., Economic Development lit Argentina since 1921, by M. A. Phoebus of the Latin American Division- Trade Information Bulletin No. 156; 14 pages. The review considers conditions in Argentina from the point of industry, trade, and finance, and traces the recovery of the country from the depression of 1920-21. , ..-• • , foreign Trade of the United States for the Fiscal Tear 1923-33, prepared m the Division of Research. Trade Information Bulletin No. 157; 51 pages. A : detailed statistical analysis of United States trade. -, : Economic Conditions in Cuba, by Paul L. Edwards, acting commercial attach^, Habana. Trade Information Bulletin No. 159; 18 pages. The purpose of the report is to Rive a clear statement of current conditions in Cuba, and to provide American exporters with a general guide for interpreting the present economic and financial status of Cuba. Belgian Wool Industry, by S. H. Cross/ acting commercial attache, Brussels. Trade Information Bulletin No. 160; 15 pages. The report treats of the-sources of raw materials, production of yarn and fabrics, sources of machinery ana equipment, capital and ownership of plants, labor and wage problems, and atrade in omanufactured products. rket * r American Textiles, by Hugh D . n London ^ DUtler, American trade commissioner, London. Trade Information Bulletin No. 161; 16 pages, According to this report, a market exists for certain classes of American textiles in Great Britain, and specific suggestions are given for the development of that market. . *. , , BUREAU OF STANDARDS. A Study of Radio Signal Fading, by J. H. Dillinger and L. E. Whittemore, physicists, and S. Kruse, associate radio engineer. Scientific Paper No- 470; 38 pages. Price, 10 cents. Dynamometer Tests of Automobile Tires, by W. L, Holt, associate mechanical engineer, and P. L. Wormeley, physicist/ Technologic Paper No. 240; 21 pages. The report is a continuation of the work described in Technologic Paper,No. 213,. Power Losses in Automobile Tires. Price, ' 10 cents.; •' Standards for Electric Service (second edition).—Discusses the various factors contributing to the adequacy and safety of electric service; rules and regulations for electric service by State. public utility commissions. Appendixes summarize laws of the States on electric service regulations, give tables showing results of various tests, and statistics on the development of the electrical industry. Circular No, 56; 344 pages. Price, 60 ceijts. Leather Belting, United States Government Specification. Circular No. 148. Contains standard specifications officially adopted by the Federal Specifications Board for the use of Government Departments in the purchase of materials. BUREAU OF NAVIGATION. Seagoing Vessels of the United States, 1923*—Part VI of the fifty-fifth annual list of merchant vessels of the United States for*the year ended June 30, 1923. Price, 35 cents. Commercial and Government Radio Stations of the United States* edition of June 30, 1923. Price, 15 cents. Amateur Radio Stations of the United States, edition of June 30, 1923. Price, 25 cents, COAST AND GEODETIC SURVEY. Magnetic Observations.—Results of observations made near Honolulu, Hawaii, 1919 and 1920; serial No. 200; 97 pages, quarto; price, 20 cents. Results of observations made at Cheltenham, Md., 1919 and 1920; serial No. v2M; 97 pagea, quarto; price, 30 cents. Catalogue of United States Coast and Geodetie Survey Charts, Coast PUots, Tide Tables, and Current Tables, August 1, 1923. "•-.,Deep-Sea Soundings, Atlantic and Pacific Oceans and Caribbean Sea, 1915 and 1923,—Special Publication No. 97; 30 pages. Price, 15 cents. BUREAU OF LIGHTHOUSES. Buoy Lists*—Florida Reefs and Gulf Coast to Cedar Keys (corrected to October 1,1923), seventh district; Cedar Keys to the Rio Grande (corrected to October 15, 1923}, eighth di trict. Price, 20 cents each. DEPARTMENT OF COMMERCE. HERBERT HOOVER, Secretary of Commerce. BUREAU OF THE CENSUS. BUREAU OF FISHERIES. WILUAM M STBUART, Director. HENRY O'MALLET, Commissioner. Chief functions. The taking of the decennial census covering population, agriculture, manufactures, mines and quarries, and forest products. Decennial report on wealth, public debt, and taxation, including principal financial statistics on Federal, State, county, city, and township governments. Annual financial statistics of State and municipal governments— Sources of revenue, objects of payments, debt, and tax levies. Decennial statistics relating to inmates of institutions, including paupers, insane, prisoners, and juvenile delinquents. A census of agriculture in each middecennial year, a biennial census of manufactures, a quinquennial census of electrical public utilities, statistics of marriage and divorce. < Annual statistics of births, deaths, causes of death, etc., in the registration area of the United States. Quarterly statistics of leaf tobacco stocks and of production, stocks, and consumption of fats and oils. Monthly or semimonthly statistics of cotton ginning; cotton stocks and consumption; the production, stocks, and consumption of hides and leather; the production of shoes; and statistics of active textile machinery and of movements in an increasing number of other industries. The compilation and publication, in the ** Survey of Current Business," of monthly commercial and industrial statistics. BUREAU OF FOREIGN AND DOMESTIC COMMERCE. JULIUS KLEIN, Director Chieffunctions. The compilation of timely information concerning world market conditions and openings for American products in foreign countries secured through commercial attache's and trade commissioners of the Department of Commerce and the foreign service of the Department of State. The distribution of such information to American business through weekly "Commerce reports/' special bulletins, confidential circulars, me news and trade press, correspondence, and personal contact. Approximately 3,000 trade inquiries are answered daily by the bureau and its nine district offices. The maintenance of commodity, technical, and geographical divisions to afford special service to American export industries. The compilation and distribution of names of possible buyers and agents for American products in all parts of the world and the publication of weekly lists of specific sales opportunities abroad. The maintenance of 33 district and cooperative offices in that many cities in the United States to expedite delivery of market information to business men and to keep the department advisedas to the urgent requirements of American trades and industries. The publication of official statistics on imports and exports. The study of tjie processes of domestic trade and commerce, with a view to their improvement and the dissemination of information obtained for the benefit of the public, as well as of those directly concerned. BUREAU OF STANDARDS. Chief function*. The propagation1 of useful food fishes, including lobsters, oysters, and other shellfish, and their distribution to suitable waters. Investigations of fish culture, fish diseases, and for the conservation of fishery resources and the development of commercial fisheries. The study of the methods of the fisheries and,fisheryindustries and the utilization offisheryproducts. The collection of statistics of fisheries. The administration of the Alaska salmon fisheries, the fur-seal herd on the Pribilof Islands, and the law for the protection of sponges off the coast of Florida. BUREAU OF LIGHTHOUSES. GEORGE E . PUTNAM, Commissioner. Chieffunctions. The establishment and maintenance of lighthouses, lightships, buoys, and other aids to navigation on the sea and the lake coasts and on the rivers of the United States, including Alaska, Hawaiian Islands, and Porto Rico. The publication of Light Lists, Buoy Lists, and Notices to Mariners, including information regarding all aids to navigation maintained by the Lighthouse Service. COAST AND GEODETIC SURVEY. E. LSSTEB JONES, Director. Chief functions. The survey of the coasts of the United States and the publication of charts needed for the navigation of the ad jacent waters, including Alaska, the Philippine Islands, Hawaii, Porto Rico, the Virgin Islands, and the Canal Zone. A comprehensive geodetic system, extending into the interior, connects and coordinates the surveys of tne coasts, and is designed to furnish accurately determined points and elevations in all parts of the country. These are available as a basis for Federal, State, and municipal surveys, and engineering projects of every kind. The magnetic declination has been determined at a large number of stations throughout the country, and the results are available for the use of surveyors and engineers. The technical operations include base measures, triangulation, traverse, precise leveling, the determination of latitude and azimuth, the determination of difference of longitude by telegraph or radio, magnetic observations and researches, the preparation of magnetic maps, the determination of the force of gravity, topogr raphy, hydrography, deep-sea soundings, water temperatures, tidal and current observations. The results are published in the form of charts on various scales, annual reports, coast pilots, tide tables (published annually in advance), current tables, digests of geodetic publications, and special publications. GEORGE K. BURGESS, Director. Chieffunctions. Custody of standards of measurement, quality, performance, or practice adopted or recognized by the Government. Development and construction of such standards when necessary. Testing and calibration of apparatus and comparison of standards used by scientific or other institutions with those in the custody of the bureau. Determination of physical constants and properties of materials. The testing of materials and the establishment of standards and processes in cooperation with commercial firms or organizations. Industrial researches covering structural, engineering, and miscellaneous materials, radio, radium, mechanical appliances, sugar technology, leather, paper, rubber, and textiles; clay products, glass, and refractories, metals and metallurgy, and similar groups of subjects. The collection and dissemination of information showing approved methods in building, planning, and construction, including building materials and codes and such other matters as may encourage, improve, and cheapen construction and housing. Studies on simplified commercial practices and the establishment of such practices through cooperative business organizations, i The Bureau publishes aix: series of scienti^c and technical publications, reporting the results of its researches and giving technical data fundamental to industry. The Director of the Bureau has supervision of the preparation of technical specifications through the Federal Specifications Board. BUREAU OF NAVIGATION. D. 1J. CARSON, Commissioner. Chieffunctions. General superintendence of commercial marine apd merchant seamen. Supervision of registering, enrolling, licensing, numbering, etc., of vessels under the United Statesflag,and the annual publication of a list of such vessels. The enforcement of the navigation and steamboat inspection laws and the laws governing radio, communication, as well at duties connected with fees, fines, tonnage taxes, refunds, etc., originating under such laws. STEAMBOAT INSPECTION SERVICE. GEORGE UHLER, Supervising Inspector General. Chieffunctions'. The inspection of vessels, the licensing of the officers of vessels, and the administration of laws relating to such vessels and their officers. The certification of able seamen who form the crews of merchant vessels. The inspection of vessels, including the types of boilers; the testing of all materials subject to tensile strain in marine boilers; the inspection of hulls and of life-saving equipment.