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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.

/

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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

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/
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

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J

A
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i^

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i
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i

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J

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MO

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t4

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IB i AVER IGE

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*

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

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A

sA\

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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
%

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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
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n

1921

M M M

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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.

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PRODUCTION OP BEEHIVE AND BY-PRODUCT COKE.

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1921

1923

1922

1923

PRODUCTION OF BITUMINOUS AND ANTHRACITE COAL.

. \,
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45 \
40

A

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35
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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
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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.