Full text of Survey of Current Business : July 1927
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UNITED
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noted in the "Sm&ce* $} Dot&*\jQ$
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B. S. COVERKHENT f StHTlHO OFFtCS, 1817 ,
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f^cts r^afding
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at one month is 120 and Jfor ^ later month it
vab detailed tables are put
ere h&s been ^an increase <>f £0 per cent.
ny instances ootiiparable figte^ ft>r th
fjaonthlj^ figures for the i
^ war y§ars are not available, and in such cases the
comparisons, where ay ailaMe, |>ack to
lines sufficient for six months have 1
aUy be^a taken a& the base. ^F0r some
9 €an&^ be regarded as a prop^base^
bottom of each; table enabling those
extraordinaTjr^onditions^ in the iijdbp^try, and
sovto enter new figures as so^n- H& tl _
representative period has beeS chosen. .la
issue for February, 1927>Ko.^6)^^ In the _
_
relative numbers of loss importance rhav&
xaonths the morfc important eojBpS&oas
Qnly
a^e
Seen temporarily omitted. ' ,
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1
given ia the table entitled "*Tren<I pf J
of tibe revive numbers appear in %a special
of :fhe ^anliannual fesu^ as: in Tables 111 to
Atigust, 1^2^ somber, thus allowing «$sy
Bealizmg &at current statistics afe l%hly
n on a pre-war base lor att iitems for wtiicfa
a;bfe and thatto be of tise they mii^b r^ft
could be >cx>mpute9L
^
man at the earliest jK^ible m^^t^tj f!tjie
has Ranged to distribute.supplbm^at^v^y weflyto
subscribersin tie tJiiitedStates^ ,^The s^ptemenfe foe
iirdaya ted giy^ swKSnformitfefC
tw^o or more series of relative :
^ . v,
tos been received diaing %fee; week eadi%^ on the"
l>y a syste^n of-weightings themiLresaltmg
eding Tuesday. Thi inforia.aiion contain^S
denominated an index aumbpr/
- *--*-'
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,by conalbinik^g. many fdativiL
_ which
to show ti^ ;trend of 4%I^^tir€T^^ouj
and printed^
6r fors the' e^n|ry as a whole, instead oi
commodity or industry wfiieh tibie relative ^
vers. Comparisons with the base year or
Tfia-figures reported in the a
tables
periods are.made i& the same manner as; in
v^ry la%ely those alr^dy
relative iiumbers*
1
-;
together
function of the^department is
pattered ia
data which, if available at ally
RATIO
dreds^of dlfffrent publications, <; px>rtioii of
data are; collected by Go
ir^tances the charts used in the
figiires are compHed by
BUSINESS are" of the ty^e t^meii "Ratio
others^ IEOB J^ported by trade
f pogarifhmic £cale), Botabfer- fibe Business
charts ori page 2^ , Tfiese icbaite show ^tfie
increase aird allo^ direct
of one curve and, that of
, To
u^eimtiteras aild
of ife location on the
render the tr^id 6f a-iiiQyem^|{m^re;app^lntiV^^ent; increase in an item is givenivtee
tive numbers (often called "in4fx ^ np^bers,^, a t€f?mj
_
its CUTVB is near the
ref efiri?^ mdre
particularly
fi^dib^
rf to a^^ip M^d'pf
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top^ of tlxe^cliart^ '
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enable^ the re&der to4l0eB a
^ace
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number bf 40fi in one
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waryeaf, J913y pr in soine insta^S a ffve^year *
,;be plotted 4Q equidistant: seal
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the preceding moitthr."- Another move-;
wherever; possible, ,
4: ^: ^
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^relative number of,jsay, 50, ajsolaic^toes
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moiilhly average: f6r the base yearl^r ^period; to
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soal^ this itein would ris% only 5x
~ points, whereas the jpfefious"iteni r<>se_4O
100; If to mwement for a curr^%ife iiaopJfc is gi,
"atiye nijrmfrer will be greater
showed th%same per^ent^^ increase,
-avoid^ this^difficulty and^give-to ea^sh,,
number will give^aPonceh^e pey ee^t
^<> .movements exactly the; same verticii rise^
fe; tife slopes of flie two :lines are;.dJfeBtly
__ r _ Je^rease compared tetih the^ base p^ioil.
a-relative^pumber of t!5 mea^^teiixciease $K%B
Ftte ratio charts ccropare pBreentage
the 4ritteietic charts compare1 aljsoliW
^jit oirel', thfi^ase^pet'iodj'Wni*^
of §0 M^am % decrease of 20 pi^r <Sfet from4he base. :
A
issue presents practically c$m]pte¥&d&fa /or t Jie rftei&fy j^$^&an& efep if ems? covering the early weeks of fune ;
received up to tfune 28* (See ^charts and^ahle^J^p^ 4 anifS*} \^W^^af^coi?ermff apartitMtarmonth*^ business are not
available until from IS, to 30 days after the close of the month, a complete picture of that mofith's operations can not be
presented at an early date* b#t the weekly s&ppleftieiifs yw$ever$^w$gh<the: latest data available. ^
" /J" '' i
UNITED STATES DEPARTMENT OF COMMERCE
WASHINGTON
SURVEY OF
CURRENT BUSINESS
COMPILED BY
BOREAU OF THE CENSUS
:
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
No. 71
BUREAU OF STANDARDS
1927
JULY
CONTENTS
INDEX BY SUBJECTS
SUMMARIES
Page
Preliminary summary for June ______________________ 1
Course of business in May __________________________ 9
Monthly business indicators (table and chart) _________ 2, 3
Weekly business indicators (table and chart) __________ 4, 5
Wholesale prices (table and charts) __________________ 6, 7, 11
Indexes of business _________________________________ 9, 10
Detailed indexes (production, prices, sales, etc.) ___ 18
Automobiles, building, mining, manufacturing, electric power, and transportation (charts) _________ 8
NEW DETAILED TABLES
Corn sirup and starch
Childs' Co. restaurant sales
Glove leather
Steel boilers
21
21
22
22
Textiles
Metals and metal productsFuels
Automobiles and rubber
Hides and leather
Paper and printing
Building construction and housing
Lumber products
Stone, clay, and glass products
Chemicals and oils
Foodstuffs
Tobacco
Transportation and public utilities
Employment and wages
Distribution movement (trade, advertising, etc.).
Banking and finance
Foreign exchange and trade, gold and silver
12
23
13
25
13
29
14 27, 31
14
30
14
31
14
33
33
15
35
15
36
38
15
41
16
16
41
11
42
43
17
45
17
17
47
PRELIMINARY SUMMARY FOR JUNE
Measured by weekly figures covering check payments, the dollar volume of business during the early
weeks of June was larger than during the corresponding period of 1926. Distribution of goods, however,
as shown by figures on freight carloadings was running smaller than last year. The production of
bituminous coal was substantially lower than in June,
1926, the decline from a year ago being largely due to
labor conditions within the industry. The output of
crude petroleum reached a new high point during the
month. The production of beehive coke was lower
than in either the preceding month or the corresponding month of last year. Lumber production was
smaller than in either the previous month or June, 1926.
The volume of new building contracts awarded during
the early weeks of June was running higher than a year
ago, but showed a decline from the preceding month.
Wholesale prices during June were relatively stable,
the general index showing practically no change from
the preceding month. Loans and discounts of Federal
51376—27
1
Text Table
page
page
reserve member banks continued to expand, being
higher also than in June of last year. The prices of
stocks on the New York Stock Exchange averaged
higher than in either the preceding month or the same
month of last year, with a weakening tendency apparent in the closing weeks. Loans to brokers and dealers
by Federal reserve member banks in New York City,
secured by stocks and bonds, continued to expand and
during the month reached the highest point on record.
Bond prices averaged lower than in the previous
month, but were higher than a year ago.
Interest rates on call loans showed relatively little
change from the preceding month, but averaged higher
than a year ago. Time-money rates averaged higher
than in either the previous month or June of last
year. The Federal reserve ratio showed little change
from the preceding month, but was higher than a year
ago. Business failures during June, based upon figures
for the first four weeks, were less numerous than in May,
but larger than in the corresponding period of 1926.
MONTHLY BUSINESS INDICATORS, 1920-1927
[Ratio charts—see explanations on inside front cover.
The curve on bank debits has been adjusted for normal seasonal variations and that on manufacturing production
for the varying number of working days in the month]
RELATIVE TO 1913 AS 100
350 1920
1921
1922
1923
1924
1925
RELATIVE TO 1919 AS 100
1926
1920 1921 1922 1923 1924 1925 1926 1927
300
200
-PRICES 25 INDUSITRIAL ST!•OCKS
200 &
1QO
150
INTEREST FHATES, COMMERCIAL PAPER
WHOLESALE TRADE 6 LINES
100
80
60
50
250
I
r
I
I
DEPT. STORE TRADE (359 STORES
WHOLESALE PRICES (DEPT. OF LABOR )
200
100
250
200
I
I
I
-FARM PRICES (DEPT OF AGRICULTURE )-
MANUFACTURING PRODUCTION
(64 c M M o m E s ; I
AUTOMOBILE PRODUCTION
t PASSENGER CARS AND TRUCKS)
BUILDING CONTRACTS AWARDED
40
1920 1921 1922 1923 1924 1925 1926 1927
1920 1921 1922 1923 1924 1925 1926 1927
MONTHLY BUSINESS INDICATORS
The following table gives comparative relative numbers for a selected list of important business movements. It is believed
that this table will prove useful, because it segregates from the large mass of material a comparatively small number of items which
are often regarded as indicative of business in general.
The table has been divided into two parts, the first containing those items for which relative numbers can be calculated, using
1913 as a base. The second part contains items for which comparable data back to 1913 are not available. This latter group of
relative numbers is calculated by letting the 1919 monthly average equal 100. Care should therefore be exercised in comparing the
absolute value of the two sets of data. In either group, however, the upward or downward trend of the relative numbers, compared
to previous months, does reflect the present tendency in each item and will give a basis for business judgment.
1926
MONTHLY AVERAGE
1927
ITEM
1920 1921
1923
1923
1924
1925
1926
Feb. Mar. Apr. May June July Aug. Sept.
Oct. Nov. Dec.
Jan. Feb. Mar. Apr. May
1913 monthly average =100
Production:
Pig iron.
120
Steel ingots
135
Copper
99
Cement (shipments)
108
Anthracite coal
98
Bituminous coal
119
Crude petroleum
178
Cotton (consumption)
105
Beef...
119
Pork... .
113
Unfilled orders:
United States Steel Corporation
170
Stocks:
J
Crude petroleum
143
Cotton (total).
155
Price: »
Wholesale index
226
Retail food
203
Retail coal, bituminous
207
Farm products
205
Business finances:
Defaulted liabilities
108
Price 25 industrial stocks
184
Price 25 railroad stocks
67
Banking:
Clearings, New York City
257
275
Clearings, outside
134
Commercial-paper interest rate
Distribution:
Imports (value). . .
. .294-._
Exports (value)
331
264
Sales, mail-order
Transportation :
Freights, net ton-miles
. , 137
_.
54 87 130 101 118 127 114 134 135 136
64 114 144 122 146 155 150 177 163 156
38 80 120 128 136 141 132 147 143 143
107 131 153 164 177 182 79 129 175 243
99 60 102 96 68 93 27 115 108 106
87 88 118 101 109 121 117 116 101 98
189 224 295 287 304 309 264 293 290 302
97 109 117 99 115 120 121 137 124 111
113 126 130 133 138 144 120 136 137 139
117 130 160 151 128 127 127 136 120 119
90
64
102
68
171 265 311
198 153 125
369
111
290 269
129 177
147
153
197
116
150
146
169
134
159
145
167
147
96
149 154
142 146
188 190
124 135
229 228
136 169
64 75
73
126 126 125 123 130
148 144 158 155 162
139 140 140 141 146
259 254 251 245 237
117 111 108 111 114
105 109 116 123 137
298 313 321 315 333
111 99 108 123 122
150 136 140 164 166
136 129 118 100 101
61
59
274 274 273 271
213 192 167 143
78
151 155
160 162
172 179
136 143
74
152
160
170
140
65
151
162
168
140
152
161
161
139
197 198 162 149 150 134 169 147
185 198 262 285 309 272 249 253
72 81 99 112 109 105 104 106
205 230 226 264 300 307 272 356 329
212 230 276 284 320 327 291 342 327
118 80 90 71 73 77 75 78 76
126
147
146
153
98
150
336
126
155
119
121
137
141
87
99
145
348
130
150
151
64
67
115
139
131
139
149
130
141
133
52
61
60
268
119
265 265 265 264 264 265 266
98 85 137 217 260 267 257
272
239
276
210
284 293
181 151
152
160
160
139
151
157
160
136
146
156
181
127
145
154
179
126
144 ,144
154 155
165 163
125 126
60
61
62
149
156
162
133
151
159
170
134
150
160
177
130
148
162
188
130
147
162
187
127
147
159
183
126
129 130 123
268 280 296
111 113 116
131
296
120
146
283
114
143
295
117
200
308
121
225 206 254 233 166
301 311 324 344 361
122 127 128 133 137
297 307 302 275 271 309 282 339 324
319 332 337 307 315 345 319 344 329
72 70 72 78 80 82 80 79 75
146
59
64
61
140 177 212 201 236 248 259 296 266 215 225 227 225 230 252 250 241
181 154 168 185 198 193 170 181 187 172 163 178 186 216 220 232 225
188 204 259 284 327 349 322 357 344 299 309 284 286 336 417 425 471
105
121 115 136 134 132
150 151 180 164 160
148 134 134 138 139
81 91 150 194 228
86 77 80 93 105
143 133 151 87 89
345 328 364 351 368
130 127 149 133 136
135 122 132 128 136
164 128 146 126 143
144
153
160
162
177
159
147
292 364 336 314
291 340 323 324
70 72 74 75
240 208 254 251
203 180 198 201
313 312 365 361
143
136
153
232
190
299
136
1919 monthly aver age =100
Production:
Lumber3
Building contracts (37 States)
Electric power (total)
Automobiles (United States)
Stocks:
Beef
Pork
Business finances:
Bond prices (40 issues)..
Banking:
Debits outside New York City
Federal ReserveBills discounted
Total reserves
Ratio . -
117 133
105 111
122 143
132 204
139 143 141 143 127
129 142 139 135 132
184 190 192 203 200
220 262 244 204 156
113 106
120 100
210 '208
101 145
115 123 122 135
103 164 157 139
188 207 196
185 240 247 246
136
138
190
218
34
90
34
82
27
70
33
74
30
78
25
76
22
74
21
78
19
86
18
84
20
67
26
52
36
47
43
57
40
72
37
81
33
90
27
94
21
76
104
108
112
116
115
115
116
117
117
117
117
116
116
118
119
119
119
120
120
121
95
107
108
121
127
114
133
128
122
128
135
118
121
135
123
139
133
118
137
134
130
28
144
154
39
146
152
19
146
160
26
134
149
30
135
148
28
133
147
33
133
146
27
135
151
24
136
151
27
136
150
27
137
152
32
135
148
37
134
145
33
135
147
33
135
144
37
134
140
19
143
159
22
144
156
24
145
157
23 26
146 144
158 153
86
71
105
83
66
98
42
83
29
70
32
91
88
87
107
114
91
__ 132
91
122
122
97
80
130 146 142 148 148
104 161 162 159 145
174 191 179 180 183
220 262 267 259 236
129 141
115 146
152 169
181 215
102
75
112
115
* Data since January, 1925, cover only stocks east of California, and hence are not directly comparable with figures for earlier periods.
Wholesale and retail prices from Department of Labor averaged for the month; farm prices from Department of Agriculture.
Based on the total computed production reported by five associations. Includes southern pine, Douglas fir, western pine, North Carolina pine, and California white
pine. The total production of these associations in 1919 was equal to 11,401,000,000 board-feet, compared with a total lumber production for the country of 34,552,000,000
board-feet reported by the census.
J
3
WEEKLY BUSINESS INDICATORS
[Weeks ending Saturday. See table on page 5]
WEEKLY AVERAGE. 1923-1925 INCLUSIVE^ 100
WEEKLY BUSINESS INDICATORS
112.4
111.7
111.2
111.0
94.7
96.3
94.2
98.1
112.5 115.1 108.6 116.2 104.9 97.3
120.7 97.0 105.7 119.0 105.3 98.5
114. 5 109.1 102.9 116.7 105.8 106.9
117.6 84.8 97.1 119.8 106.1 116.5
93.6
92.7
95.4
95.2
99.4
106.4
104. 5
106.4
107.3
108.6
85.7
86.5
82.9
88.2
79.2
95.5
95.7
96.0
95.4
96.5
143.3
144.3
127.6
164.7
145.9
47.2
44.2
38.9
45.3
60.8
44.6
39.2
40.0
35.8
38.5
97.5
95.5
85.8
85.4
94.3
77.5
73.3
65.5
71.0
77.5
116.2
117.6
119.0
116.2
116.9
69,5
70.6
69.9
69.1
69.5
92.7
92.7
92.6
92.1
91.8
96.7
97.3
98.0
98.4
98.2
111.6
112.1
111.7
111.2
111.0
97.7
96.1
97.7
97.3
98.1
106.4
121.8
108.6
113.9
107.8
93.9
93.9
90.9
97.0
97.0
91.4
91.4
91.4
94.3
94.3
122.3
120.4
119.5
119.9
122.5
106.3
106.1
106.4
106.4
106.5
121.1
99.0
102.9
101.5
106.6
88.9
98.8
97.5
101.0
100.5
107.3
109.5
104.5
79.6
80.0
75.1
76.3
96.4 98.7 108.0
96.7 110.6 130.8
96.5 108.9 116.4
97.0 110.8 130.6
46.3
46.7
44.2
71.4
33.1
30.8
24.6
16.5
94.0
91.5
92.7
84.5
74.6
90.6
74.6
70.3
104.2
109.9
108.5
102.1
69.1
66.9
67.6
68.4
91.4
91.0
90.8
90.8
97.7
98.9
98.0
97.8
111.7
111.3
112.5
111.6
95.9
97.5
96.8
98.1
106.2 100.0
110.2
97.0
117.8 90.9
111.6 103.0
94.3
94.3
97.1
97.1
123.6
124.2
128.0
128.8
106.4
106.5
106.5
106.4
83.8
92.9
98.3
98.3
71.0 95.1 67.3
70.2
69.6
66.1 104.2 68.4
69.8 101.4 69.5
67.2 102.8 70.6
91.2
91.2
91.0
91.0
90.8
96.7
97.1
96.7
95.9
95.3
113.1
112. 5
112.1
111.9
111.8
97.2
94.6
96.6
98.1
95.0
115.1
118.2
117.4
117.8
105.4
115. 1 94.3 129.9 106.3
109.1 97.1 131. 3 106.3
103. 0 100.0 132.8 106.2
97.0 100.0 131.6 106.0
106.1 102.9 133.4 105.9
91.2
75.2
87.0
88.2
97.5
115.5
106.0
111.4
102.5
109.1
109.1
109.1
115.1
32
I
Business failures
Debits to individual
accounts
97.7
97.0
97.6
97.3
Time-money rates
Federal reserve ratio
93.9
93.1
93.1
92.9
Call-money rates
Bank loans and
discounts
71.3
71.0
70.6
69.5
Wholesale price
index
59.0
67.8
73.7 118. 3
73.5 123.2
Price of iron and
steel (composite)
68.7
73.1
80.7
87.3
Price of cotton
middling
51.9
46.9
43.5
38.8
1
Price of No. 2 wheat
Receipts of cotton
32.8
41.2
35.1
44.3
o
Receipts of hogs
Receipts of wheat
93.5 96.8 143.1
93.4 96.9 179.8
93.1 100.6 160.9
93.9 101.5 111.5
fl
Building contracts
95.5
93.1
95.1
93.1
Petroleum
production
111.4
110.5
113.6
112.7
Beehive coke
production
92.8
96.7
95.5
95.1
Bituminous coal
production
W T EEK ENDING
SATURDAY 2—
Lumber production
i
[All data are given as relative to the weekly average for 1923 to 1925 as 100J
1936
Apr
3
10
17
24
. _
May 1
8
15 .
22
29
..
June 5
12
19
26 . .
_.
103.8
103.9
107.4
108. 4
112.8
July
3
10. ..
17
24 .
31
97.4 100.5
85.2 80.9
103.8 102.3
104.1 99.1
108.2 104.5
66.5 97.8
71.8 97.6
74.3 98.6
69.4 99.4
71.8 101.6
111.9
94.0
113.0
113.2
115.0
108.9
137. 1
141.2
116.3
163.6
110.7
173.6
179.4
242.5
323.5
Aug.
7.
14
21
28.
104.1
109.1
108.1
115.1
105. 5
106.4
105.5
108.2
67.8
66.5
74.7
73.9
102.8
103.8
104.2
104. 5
113.0
115.7
113. 6
118.5
105.3
131.8
131. 6
171. 4
296.8 22.7 74.4
235.2 43.8 97.5
175.5 -53.5 101. 3
137.0 61.2 102.2
69. 8
66.1
66.9
59.0
97.9
96.5
95.8
95.8
69.5
65.4
66.9
70.2
90.8
90.8
90.8
90.8
95.1
94.8
94.7
95.3
112.6
112.9
112.5
112.6
97.3
97.2
96.9
97.3
135.5
137.5
138.7
137.2
106.2
106.2
106.0
106.0
92.1
91.2
88.9
89.9
Sept. 4
11
18
25-
113.0 104.5
105.2 95.0
117.5 104.5
120.2 106.4
75.1
74.3
80.0
80.4
105.4
104.8
104.3
104.2
120.1
107. 5
123.8
123. 4
125.7
167.7
140.5
156.2
162.1
153.2
147.6
122.4
101.9
113.8
195.4
249.2
122.2
119. 9
132. 0
139.2
59.9
59.8
63.2
59.5
93. 7
914
96.5
96.5
68.8
68.0
62.9
55.9
90.8
90.7
91.3
91.5
95.0
95.6
95,4
95.1
113. 5
113.6
114.5
114.1
96.0 102.3 115.1 111.4 137.2
95.9 92.2 121.2 111.4 140.1
92.4 115. 6 121.2 111.4 138.8
94.3 119.1 127.3 114.3 139.0
106.2
106.2
106.1
106.0
92.6
73.5
80.3
82.6
Oct.
123.2
126.9
127.1
130.4
138.4
103.2
106.4
105.5
103.2
105.5
75.1
84.9
82.0
81.6
80.0
105.3
105.8
107.2
109.7
111.9
123.7
123.6
126.2
126.1
126.9
150.7
122.6
161.6
138.6
146.4
116.0
109.6
91.8
109.3
118.0
321.5
360.4
359.2
353.5
328.1
129.1
144.9
140.8
141.8
149.4
58.6 97.9
63.5 96.5
66.3 97.9
74.0 100.0
78.9 100.7
52.6
48.2
50.0
46.3
46.7
91.4
91.4
92.1
92.1
92.2
95.4
94.9
95.3
95.5
96.5
115. 2
115.3
115.3
115.0
114. 5
93.7
95.1
94.3
95.6
95.0
108.5
130. 3
107.7
131.9
115.8
133.3
115.1
124.2
103.0
109.1
114. 3
114.3
117.1
114.3
111.4
140.5
136.3
134.4
132.9
134.6
105.8 81.8
105.8 96.1
106.0 92.1
105. 8 105.9
106.3 105.7
134.5 102.3
141.7 99.1
146.5 99.1
137.6 88.2
78.4
82.4
83.7
80.8
113. 2 118.6 127.7 104.1 320.0 123.7
112. 5 116.1 121.3 96.6 307.7 137.0
113.8 112.5 119.1 77.2 305.4 131.3
114.8 98.3 163.0
73.8 278.1 96.8
79.5
85.1
79.4
75.0
99.3
97.9
95.8
97.2
46.7
48.2
47.8
48.2
92.5
92.8
92.9
93.0
98.8
98.4
96.0
96.2
115.0
114.5
114.3
114.6
93.9
95.5
95.1
94.6
111.8
115. 5
118.2
112.2
109.1
106.1
112. 1
115.1
108.6
105.7
105.7
105.7
136.2
138.1
138.2
140.4
106.6 94.3
106.7 103.9
106.9 112.3
107.1 97.5
150.6
144.6
138.3
107.6
98.2
96.4
90.0
75.9
78.0
75.1
71.8
59.6
114.7 110.4 83.9
115.0 104.2 117.4
115.1 99.1 176.0
115.3 80.6 90.9
68.5
71.4
61.8
50.2
281.5 110.8
260.8 101.9
237.7 103.5
203.5 71.5
96.8
99.7
90.0
78.7
97.2
98.6
97.9
44.5 92.9
45.2 92.4
46.3 92.3
47.8 92.1
96.2
95.9
94.7
94.3
115.0
114.8
115.1
115.5
93.2
93.0
89.9
88.9
108.8
114. 5
118.7
126.7
118.2
118.2
118.2
136.4
105. 7
105.7
105.7
105. 7
140.9
142.4
144.4
145.2
107.1
107.2
107.3
107.4
113.8
114.5
103.9
120.6
109.9
136.0
139.3
138.3
. 138.9
53.2
75.9
85.9
86.8
82.7
70.2
69.4
73.9
75.9
77.6
114.6
114.7
114.8
114.7
113.8
77.2 138.5
98.1 107.4
99.1 97.3
98.3 89.6
99,2 118.4
53.0
59.0
60.0
58.4
65.1
191.5
133.5
150.8
159.6
140.8
64.2 71.6 97.9
87.3 100.9 95.1
93.0 110.6
94.9 98.9 ~~97.~ 2
87.7 97.7 98.6
47.8
48.2
49.6
50.0
50.4
92.0
92.0
91.3
90.5
90.3
94.0
93.9
93.4
94.0
93.3
116.6 90.5
116.7 91.6
115.4 97.3
114.2 99.2
113.6 102.7
106.1
143.2
120.4
119.4
111.1
133. 3
115.1
103.0
100.0
97.0
105. 7
102.9
102.-9
102.9
102.9
144.4
142.2
142.9
143.0
141.0
107.3
107.5
107.8
108.0
108.0
109.1
121.4
142.8
150.4
146.7
139.4
138.4
135.4
131.0
88.2
90.9
94.1
92.3
76.3
76.7
78.0
77.1
115.3 101.3 77.9
118.2 101.0 99.7
118.7 100.2 112.2
119.3 96.3 134.6
77.6
62.5
72.5
55.5
122. 3
120.4
105.8
119.2
84.2
78.8
83.5
82.3
90.0
86.0
77.5
87.7
97.2
96.5
96.5
96.5
51. 5
51.8
52.2
52.6
90.1
89.5
89.2
88.7
92.7
92.9
91.4
91.0
113.8
113. 2
113.0
113.2
101.3
102. f>
101.2
103.4
127.9 97.0
111.5 97.0
113.9 97.0
102.2 100.0
102.9
102.9
110.0
102.9
143.9
145.6
148.1
149.7
107.8
107.6
107.7
107.6
140.0
145.9
118.9
109.1
136.1
141.4
133.6
137.2
90.0
92.3
93.2
92.3
76.3
79.6
83.7
81.6
118.3
118.1
118.2
118.2
57.7 96.9
61.8 103. 8
51.1 97.7
31.8 88.5
76.6
76.9
78.2
79.1
82.0
81.8
85.1
76.9
96.5
95.8
94.4
93.0
53.3
52.2
51.8
52.9
88.8
88.9
89.1
89.1
91.4
91.0
89.8
90.3
114.4
114.3
115. 1
114.9
101.3
102.8
101.9
102.2
134.2 100.0 100.0 150.3 107.5
114.4 97.0 102.9 150. 3 107.7
123.7 97.0 102.9 152.2 108.0
118.7 106.1 102.9 152.1 108.4
117.9
113.8
115. 5
120.9
113.4
84.7
82.1
81.4
86.4
90.9
97.3
97.3
90.0
96.4
80.0
78.8
71.8
69.0
71.8
119.0 103.5 153. 6
119.0 100.1 187.2
117.8 99.8 156.9
119.0 99.6 153.1
120.0 107.1 182.5
48.7
43.9
37.5
42.9
41.3
83.8
65.8
69.6
76.5
70.4
83.5
80.7
79.4
86.1
80.1
81.7
75.3
61.9
79.5
77.0
93.0
94.4
93.0
95.1
95.8
52.9
53.3
53.3
55.5
56.3
89.1
88.9
88.9
88.5
88.5
90.3
90.7
90.2
89.8
89.8
114.9
115.2
114.8
114.5
114.8
101.7
102.8
101.7
102.6
102.6
110.0
129.8
117.9
118.2
114.4
154.3
157.6
159.7
161.3
159.2
108.6
108.8
108.7
108.7
108.6
121.4
107.9
114.5
106. 9
117.4
.._
84.0 102.3
86.2 101.4
84.9 99.1
87.0 103.2
63.3
60.4
62.9
51.0
120.3
119.4
119.0
119.9
115.5 45.3 79.2
149.2 45.2 66.5
141.1 66.7 55.0
193.4
62.0 36.9
88.6
89.9
87.0
91.5
80.7 99.3
82.7 100.7
76.1 100.7
90.1 105.6
58.8
58.1
59.6
61.8
89.0
88.9
88.6
87.9
90.2
89.8
90.1
90.0
115.9
115.6
115.7
115.5
100.6
103.2
102.3
101.7
131.0 97.0 100.0 161.6
114.4 106.1 100.0 164. 0
123.9 97.0 100.0 166.2
114.8 109.1 100.0 168.9
108.8
109.1
109.0
108.9
105.9
108.6
109.1
110.3
__
75.7 96.4
87.5 101.4
85.0 97.3
60.4 120.4
95.0 83.8
57.6 119.9 107.3 145.8
55.5 120.5
145.6
154.2
88.3
83.2
80.4
95.8 104.2
94.6 100.7
74.4 102.1
103.5
62.1
62.9
61.8
61.8
88.7
88.6
88.5
90.2 117.0 99.1
90.3 116. 7 99.6
90.3 117.2 98.6
101.8
89.6
...
2.
9
16
23
30
Nov. 6
13
20.
27
Dec.
4
11
18
25
Jan.
1
8
15
22
29
Feb.
5
12
19 .
26
_..
18.6 94.9
13.1 88.6
20.0 102.5
20.0 93.4
25.4 92.7
102.9
105. 7
108.6
108.6
1927
Mar. 5
12
19 .
26
Apr.
2
9
16
23
30 ...
May
7
14
.
.
21 „ _
28
June
4.__ __
11
18 _
25
1
103.8 72.9
104. 9 123.3
105.0 161.6
105. 2 147. 5
106.8
107.3
106.1
107.1
62.1
51.5
50.7
41.9
38.1
38.8
38.1
109.1
109.1
109.1
97.0
103.0
102.9
97.1
100.0
102.9
100.0
110.4 109.1 100.0 170.2 108.7 90.9
122.4 100.0 100.0 170.0 108.4 108.4
121.6 97.0 102.9 168.2 108.3 98.8
108.2 104.4
120.6 97.0 102.9
Sources of data are as follows: Bituminous coal and beehive coke production from II. S. Department of Commerce, Bureau of Mines; Lumber production, based on four
associations, from the National Lumber Manufacturers Association; Petroleum production (crude) from American Petroleum Institute; Loadings of freight cars from American
Railway Association; Building contracts from F. W. Dodge Corporation; Receipts of wheat from Bradstreet's; Receipts of cattle and hogs from U. S. Department of Agriculture,
Bureau of Agricultural Economics; Receipts of cotton from New Orleans Cotton Exchange; Wholesale pricas (Fisher's index), based on 1923-24 as 100, from Professor Irving
Fisher; Price of cotton, middling, from New York Cotton Exchange; Price of iron and steel, composite, from Iron Trade Review; Price of wheat, No. 2, red, cash, from Chicago
Board of Trade through U. S. Department of Agriculture, Bureau of Agricultural Economics; Loans and discounts of member banks and debits to individual accounts from
Federal Reserve Board; Call-money and Time-money rates, and Bond prices from Wall Street Journal; Stock prices from Annalist: Business failures from R. G. Dun&
Company.
2
The actual week for all items does not always end on same day.
WHOLESALE PRICES FOR SPECIFIED COMMODITIES
[Relative numbers, 1926 monthly average taken as 100. May. 1927, is latest month plotted]
WHEAT, WINTER
120
...
*.
100
amtm
80
120
100
80
**, mm
...
FLOUR, WINTER
••
.
s
••
••
.- ..
••
...
•Ml
- •.
••• •MB
^CATTLE, STEERS
r
12 5 1
.
**
|»l
''
^ki •BHI /
**
BEE.F, CARCASS
..
..
..{..
*'
»•
1
...
**i^.
/
^^» •OM mmi
.
..
i—
"t"
80
-K
,•• ••
..!.. ..
_
«***
""
..
1—
W
DO
•• -
0 •
:..
^
^ '•
Sioo
tmm
X
.
• -.
'*j»-jL-~
\
•BM
-.)...
*«»
X
.... ..
mm mm
ry
»«* ^
SILK, RAW
>t
•^
<
'•
•-
.- .•'
STEEL BEAMS
110
••
^
••••
••.
^»
t
COAL,
.
'!.
J
0.
••II*
•BOB
*«4
t
^.
,,.
••
.-
••,
1
'*
«.
BITUMINOUS
176 6
-FF
it
..«
***,
aj ••
• et
\
**^ «** •OM •MC
0
fe'
H
5
I I
'
I
*' ...
'I'-J
*"' • • '
JJ^sJ1_
•••
_
BRICK, CO M^10^\t N EV\/ YORK
w*n
•~*s;
"•.
urn S H f i m i f mni 3 I8 1 i t i i 1 1 1 1 1 § n
19263 . .........
r
/\
ZINC
*•«
!
».
"S\\
y'
•••,
CEMENT, LEHIGH
LUMBER, PINE, SOUTHERN
•,
•., ,
COKE
:
/"
TIN
,!.. • «
J
I39;4
«**
^*,X ^*=*.
'•'
"
COPPER INGOTS
'•v ••"
LEATHER, SOLE.OAK
••' ••
s^
• ..
.
90
80
*
PETROLEUM
;.
PIG IRON, FOUNDRY
X
•
s xX
*•• •••
BOOTS AND SHOES, (ST. LOUIS)
••
.e
HIDES, PACKERS
•*• •M
100
90
* •,
*
110 • ••
'•'
X
*•*
60
Lb
(BOSTON;
•]
"
»••
80
-.
«.
\^
——
...
100
100
t
"' •• •
<?
-
WOOL, 1/4 GREASE
*
«.
80
120
.
WORSTED YARNS
120
100
• «(
r-f..._
'*».
\
..
•t
A
i 90
z
/
•*•*
£ 80
^X ^
*
!
"!"
-\
COTTON PRINT CLOTH
v_
;
UJ
.. |
-4
i
•%
-F
f»
COTTON YARN
COTTON, RAW
§ »
(CHICAGO)
•«.
RUBBER, CRUDE
80
120 • •
••
\
"
100
••„ ••
•%
COTTONSEED OIL
SUGAR, GRANULATED
••. /'
0»
HAMS, SMOKED
HEAVY
Ci
*'
^
••
j
140
120
.,
1^
,,.
>
,..,
...
^
»•
HOGS,
I
SUGAR, RAW
160
...
•*•"
OATS
CORN, NO. 2
i ..
\
«
-.J.T..
d 5 ' o c > : g 5 d S : ^ > o
U 1 $ ^ 2 3 D 9 U I O O I J J
U
.
S
<
S
-
3
T
<
W
O
Z
Q
WHOLESALE PRICES FOR SPECIFIED COMMODITIES
NOTE.—Prices to producer on farm products and market price of wool are from U. S. Department of Agriculture, Bureau of Agricultural Economics,' nonferrous metals
from the Engineering and Mining Journal-Press. All other prices are from V. S. Department of Labor, Bureau of Labor Statistics. As far as possible all quotations represent prices to producer or at mill.
RELATIVE PRICE
ACTUAL PRICE
(dollars)
1913 average =100
Unit
COMMODITIES
April,
1927
May,
1927
May,
1926
April,
1927
May,
1927
1926 average =100
-
-
May,
1927
1
FARM PRODUCTS-AVERAGE PRICE TO PRODUCERS
Wheat .. .
Corn
Potatoes
Cotton
Cottonseed- .
Cattle, beef
Hogs
Lambs
April,
1927
May,
1926
... -
.
Bushel
Bushel
Bushel
Pound
Ton
Pound ..
Pound
Pound
1.172
.656
1.266
.123
25.80
.0713
.1041
.1197
1.232
.730
1.460
.139
26.05
.0717
.0941
.1192
1.421
.671
2.448
.160
30.84
.0657
.1197
.1178
148
106
212
103
118
121
139
196
156
118
245
116
120
122
126
195
179
109
410
133
142
111
160
193
87
94
68
81
95
110
88
103
91
104
79
92
96
111
80
103
Bushel
Bushel
Bushel
Bushel
Bushel
Bushel
Cwt .
Pound
Pound-.
Cwt
Cwt
Cwt
Cwt
1.34
1.34
.74
.48
.83
1.03
21.00
.146
.43
12.28
10.51
7.78
15.81
1.48
1.44
.87
.51
.90
1.13
18.00
.163
.41
11.44
9.45
5.90
14.85
1.64
1,66
.72
.42
.69
.84
22.60
.189
.42
9.06
13. 29
7.05
14.20
147
135
118
127
132
162
159
115
172
144
126
166
203
162
146
140
135
143
178
136
127
164
135
113
126
191
180
168
114
111
110
133
171
148
168
106
159
150
182
86
87
97
112
119
107
94
183
94
129
85
118
115
95
93
115
119
129
118
80
93
89
120
77
90
108
7.25
6.58
.048
.058
.09
.170
.176
.268
7.83
6.96
.048
.060
.09
.170
.184
.259
8.49
7.40
.042
.055
.15
.160
.159
.310
158
171
137
137
126
131
134
161
171
181
138
141
125
131
140
156
185
192
120
128
200
124
121
187
86
91
112
106
75
104
112
87
93
96
112
109
75
104
117
84
Pound
Yard
Yard
Pound .
Yard
Yard
Pound
Pound
Pound
Square foot..
Pound
Pair
Pair
.312
.068
.081
1.35
.975
3.29
5.54
.152
.160
.46
.43
6.40
4.85
.335
.071
.082
1.33
.975
3.29
5.39
.168
.177
.48
.45
6.40
4.85
.357
.076
.095
1.40
1.05
3.51
5.73
.129
.168
.45
.45
6.40
5.00
126
129
132
174
208
213
152
83
85
171
96
206
153
135
133
133
171
208
213
148
92
94
178
100
206
153
144
143
155
180
224
227
158
70
89
167
100
206
158
87
90
87
94
95
97
93
108
92
102
98
100
99
94
93
88
92
95
97
91
119
102
107
102
100
99
Short ton___
Long ton
Short ton...
Barrel
3.64
10.58
3.49
1.114
3.64
10.58
2.94
1.155
3.39
11.48
2.94
1.900
166
199
143
119
166
199
121
124
154
216
121
202
101
92
84
59
101
92
71
61
Long ton
Long ton
Long ton
Pound.. .
Pound
Pound
_
Pound
20.26
19.00
33.25
.1281
.0713
.6607
.0634
20.26
18.20
33.00
.1262
.0662
.6394
.0608
20.64
18.38
35.00
.1360
.0775
. 6017 '
.0682
127
129
129
84
163
152
115
127
124
128
83
151
147
111
129
125
136
89
177
138
124
98
102
95
93
85
104
86
98
98
94
91
79
101
83
Mfeet
Mfeet
Thousand— .
39.56
17.24
16.50
39.32
16.56
15.50
45.76
16.50
17.00
172
187
251
171
180
236
199
179
259
88
105
102
87
101
96
158
126
34
75
158
126
37
75
163
129
47
73
97
97
72
103
97
97
79
103
FARM PRODUCTS— MARKET PRICE
Wheat, No. 1, northern spring (Chicago)
_
Wheat No 2 red winter (Chicago)
Corn, contract grade No. 2 cash (Chicago)
Oats, contract grades, cash (Chicago)..Barley, fair to good, malting (Chicago) Rye, No. 2, cash (Chicago) _. .
. .
Tobacco, burley, good leaf, dark red (Louisville)
Cotton, middling upland (New York)
._
Wool, % blood, combing, Ohio and Pennsylvania fleeces (Boston)
Cattle, steers, good to choice, corn fed (Chicago)
Hogs, heavy (Chicago)
Sheep, ewes (Chicago)
- _Sheep, lambs (Chicago)
_
FOOD
Flour standard patents (Minneapolis)
Flour, winter straights (Kansas City)
Sugar, 96° centrifugal (New York)
Sugar, granulated, in barrels (New York)
Cottonseed oil, prime summer yellow (New York)
Beef, fresh carcass good native steers (Chicago)
Beef, fresh, steer rounds, No. 2 (Chicago). .
_
Pork, smoked hams (Chicago).
_
.
.
Barrel
Barrel
. Pound
Pound
Pound
Pound
Pound
Pound.
.
CLOTHING
Cotton yarns, carded, white, northern, mule spun, 22-1 cones (Boston).
Cotton-print cloth, Best 1/x, 64 x 60-38K"-5-35—yards to poundCotton sheeting, brown 4/4 Trion (New York)
Worsted yarns, 2/32's cross-bred stock, white, in skein (Boston)
Woman's dress goods, French, 39 inches at mills, serge..
Suitings, wool, dyed blue, 55-56 inches, 16-ounce Middlesex (N. Y . ) _ _
Silk, raw, Japanese, (New York)
Hides, green salted, packers' heavy native steers (Chicago).. ._
Hides calfskins, No 1, country, 8 to 15 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)
FUEL
Coal, bituminous, mine-run Kanawha (Cincinnati).. _
Coal, anthracite, chestnut (New York tidewater)
_
Coke, Connellsville (range of prompt and future) furnace — at ovens. __
Petroleum, crude, K"ajisRS-Okta,homa —at w^lls
METALS
Pig iron, foundry No. 2, northern (Pittsburgh) . _
Pig iron, basic, valley furnace
Steel billets, Bessemer (Pittsburgh) _._
_
Copper ingots, electrolytic, early delivery (New York)
Lead, pig, desilverized, for early delivery (New York)
Tin, pig, for early delivery (New York). _ _
Zinc, slab, western (St. Louis)
_
_
BUILDING MATERIAL AND MISCELLANEOUS
Lumber, pine, southern, yellowflooring,1x4, "B" and better (Hattiesburg district)
Lumber, Douglas fir, No. 1, common s i s , 1 x 8 x 10 (Washington)
Brick, common red, domestic building (New York)
Cement, Portland, net without bags to trade, f. o. b. plant (Chicago
district)...
Steel beams, mill (Pittsburgh)
._
Rubber, Para, Island, fine (New York)
Sulphuric acid 66° (New York)
Barrel
Cwt
Pound
Cwt
1.60
1.90
.274
.75
1.60
1.90
.300
.75
1.65
1.95
.383
.73
NEW BUILDING CONTRACTS AND AUTOMOBILE PRODUCTION
[Relative numbers, monthly average, 1923-1925, taken as 100]
10
FACTORY EMPLOYMENT, MANUFACTURING, AND ELECTRIC POWER PRODUCTION
[Relative numbers, monthly average, 1923-1925, taken as 100]
60
MINERAL PRODUCTION AND RAILROAD TON-MILEAGE
[Relative numbers, monthly average, 1923-1925, taken as 100]
BUSINESS SUMMARY
[Index and relative numbers based on the 1919 monthly average as 100—except unfilled orders, which are based on the 1920 average, enable comparisons to be made of the
relative condition of the several phases of business. The use of index and relative numbers is more fully explained on the inside front cover, while further details are
given in the table entitled "Indexes of Business" on pages 18 to 20]
PRODUCTION:
Manufacturing (64 commodities —adjusted)1
Raw materials, total
Minerals
Animals products
Crops
Forest products
Electric power
Building (floor space)
STOCKS (45 commodities; seasonal adjustment)
_
UNFILLED ORDERS (relative to
1920)
_
SALES (based on value) :
Mail-order houses (4)
Ten-cent chains (5 chains).
Wholesale trade >
Department stores
PRICES (recomputed to 1919
base) :
Producers', farm products.
Wholesale,all commoditiesRetail food.
Cost of living (incl. food)
CHECK PAYMENTS (141 cities—
seasonal adjustment).. _ _ .
FACTORY EMPLOYMENT
TRANSPORTATION:
Net freight ton-miles
Car loadings
Net available car surplus. .
1
PER CENT I NCREASE (+)
OR DECB.EASE (— )
1927
1926
YEARLY AVERAGE
May, 1927,
from
April, 1927
May, 1927,
from
May, 1926
March
April
May
March
April
May
121
142
114
117
119
190
138
132
97
130
113
70
126
191
161
132
89
122
110
57
124
179
162
130
94
135
118
57
131
180
159
136
113
152
118
93
112
207
164
135
96
127
119
67
115
196
157
139
106
145
134
70
128
201
139
+ 3. 0
+ 10. 4
+ 14. 2
+ 12.6
+ 4. 5
+ 11. 3
+2. 6
-11.5
+ 6.9
+ 12. 8
+ 7. 4
+ 13.6
+ 22. 8
-2. 3
+ 11. 7
-12.6
146
174
158
161
165
182
173
179
+ 3. 5
+ 8. 5
52
56
50
55
51
48
50
50
48
— 4. 0
0. 0
99
165
83
124
105
185
82
125
118
209
84
131
123
229
84
136
130
199
85
130
120
202
80
133
105
214
82
137
132
213
83
128
128
244
78
143
106
224
80
131
-17.2
-8.2
+ 2. 6
-8. 4
+ 1.0
+ 4.7
— 2. 4
— 4. 4
65
75
78
94
64
73
78
95
70
77
84
98
65
73
86
98
67
74
86
98
67
73
87
98
67
74
87
98
60
70
83
95
60
70
83
95
60
70
83
0.0
0. 0
0. 0
— 10. 4
-5.4
-4. 6
103
93
110
84
127
84
135
85
149
87
142
86
128
85
155
84
152
84
145
83
-4. 6
— 1. 2
+ 13. 3
— 2. 4
115
119
25
108
116
139
115
122
146
123
127
124
117
111
149
110
137
167
121
119
156
127
115
150
112
140
157
118
155
— 15. 7
-1.3
— 0. 8
-0.6
1923
1924
1925
1926
119
114
136
117
102
121
143
111
113
119
126
117
118
119
152
115
126
117
133
113
111
126
169
146
119
137
74
128
See p. 28, January, 1925, issue (No. 41), for details of adjustment.
COURSE OF BUSINESS IN MAY
GENERAL CONDITIONS
Industrial output in May, after adjustments for
differences in working time, was larger than in either
the previous month or the corresponding month of last
year. Commodity stocks, with corrections for seasonal variations, increased over both the previous
month and May, a year ago. Unfilled orders for
manufactured commodities, principally iron and steel,
and building materials, declined from the preceding
month but showed no change from May, 1926.
The production of raw materials in May was larger
than in either the previous month or the same month
of last year. Contracts awarded for building construction, measured in floor space, were smaller than
in either the previous month or May a year ago.
Measured in value, however, building contracts called
for larger expenditures than a year ago. Automobile
production was smaller than in either the previous
month or May of last year. Factory employment
showed a decline from the previous month and the
same month of a year ago, while factory pay-roll payments,
though declining from the previous month,
51376—27
2
showed no change from last year. Check payments,
indicative of the general volume of business, after
adjustment for seasonal variations, declined from the
preceding month but were larger than last year.
Carloadings were smaller than in either the preceding
month or the same month of a year ago. The dollar
volume of wholesale trade, although greater than in
April, was smaller than last year. Retail trade by
mail-order houses was greater than a year ago. Sales
by 10-cent chain stores increased over last year while
the volume of trade in department stores declined
from the previous month and May, 1926.
Wholesale prices showed no change from the preceding month but were lower than last year. Prices
of stocks, both industrial and railroad, advanced,
both as compared with the preceding month and the
corresponding month of last year. Interest rates
on time money averaged higher than in either
the previous month or May, 1926. Defaulted liabilities of failing business firms, although smaller than in
April, were larger than in May of last year.
10
SUMMARY OF INDEXES OF BUSINESS
PRODUCTION
The output of raw materials in May was greater
than in either the previous month or May of last year,
increases over a year ago being registered in all groups
except forest products. The increase in mineral output over a year ago was solely due to larger production of petroleum, iron ore, and lead, all other mineral
products showing smaller output. In the case of
crop and animal marketings, increases were registered
over a year ago in all commodities except miscellaneous crops, which declined.
Manufacturing output, after adjustments for differences in working time, showed a substantial increase
over both the preceding month and the same month
of last year, establishing a new high record. Indus-
of the unadjusted index, which showed a decline from
the preceding month, all groups followed the general
trend. As compared with last year, the general index
advanced, the group totals making similar comparisons with a year ago.
SALES
The index of unfilled orders for manufactured commodities, principally iron and steel and building materials, showed a decline from the preceding month and
no change from a year ago. As compared with both
the preceding month and May a year ago, iron and
steel orders unfilled on May 31 were smaller, while
building materials were larger. As compared with
the 1920 monthly average, the general index of un-
RELATIVE PRODUCTION, STOCKS, AND UNFILLED ORDERS FOR MANUFACTURED COMMODITIES
[1920 monthly average=100. Adjustment has been made for both stocks and production for their respective seasonal movements. Unfilled orders are principally those
of iron, steel, and building materials. May, 1927, is latest month plotted]
trial production, measured quantitatively, making no
allowance for working-time differences, was larger than
in April in all groups except iron and steel, leather,
paper, and printing, and sundry miscellaneous industries, which declined. As compared with a year ago,
manufacturing production in May was greater in all
groups except lumber, paper, and printing, and nonferrous metals, which showed declines.
COMMODITY STOCKS
Stocks of commodities held at the end of May, after
adjustments for seasonal conditions, were higher than
in either the previous month or the same month of last
year. As compared with a year ago, all commodity
groups showed larger stocks, except manufactured
foodstuffs, which declined. As compared with the
preceding month, stocks of raw foodstuffs and manufactured foodstuffs were larger, while other raw materials for manufacture and other manufactured commodities were held in smaller quantities. In the case
filled orders at the end of May was 52 per cent smaller,
an 18 per cent increase in the case of building materials
being more than offset by a decline of 69 per cent in
iron and steel.
Mail-order sales, although smaller than in the preceding month, were larger than a year ago. Sales
by 10-cent chain stores showed a decline also from
April and a substantial advance over a year ago.
Other chain-store systems exhibited larger sales
volumes than in May of last year, except music,
cigar, and shoe chains which registered declines from
a year ago. Department-store trade showed a smaller
dollar volume of business than in either the preceding
month or in May, 1926. The dollar volume of
wholesale trade, although showing an increase over
the previous month, was smaller than in May, 1926.
As compared with the previous month, wholesale
trade in groceries and meats was larger, other groups
declining. As compared with last year, all groups
showed declines except groceries and drugs, which
advanced.
11
PRICES
EMPLOYMENT
The general wholesale price index for the first time
in months showed no change from the preceding
month. The May index, however, was substantially
lower than a year ago. As compared with the preceding month, all groups entering into the general
index either showed no change or declined, such
changes as occurred, however, being sufficient to
offset advances in food, cloths and clothing, building
materials, and sundry miscellaneous items. As compared with last year, all groups were lower in price,
with the greatest declines in the case of fuels and chemicals. Classified by state of manufacture, the index
showed an advance in producers' goods over the preceding month but declined from last year. The con-
Factory employment in May showed declines in
the number on the pay rolls of representative factories
from both the preceding month and the corresponding
month of last year. Declines in the number of employees as compared with April were registered in all
industrial groups except food products, lumber and
stone, clay and glass, which advanced, and nonferrous
metals, tobacco products, and vehicles, which showed
no change. As compared with a year ago, increased
employment in textiles and miscellaneous industries
was insufficient to offset declines in iron and steel,
lumber, chemicals, stone, clay and glass, nonferrous
metals, tobacco products, and vehicles.
WHOLESALE PRICE COMPARISONS, BY GROUPS
[May, 1926, is the latest month plotted]
280
METALS AND METAL PRODUCTS
100
sumers' goods index showed no change from the preceding month but was lower than a year ago, while
the index of raw materials showed a decline from
the previous month and May, 1926. Commercial
indexes of wholesale prices as of the 1st of June
showed a relatively similar condition, except that the
declines from a year ago were not so marked.
The index of prices received by farmers for their
produce increased over the preceding month but was
lower than a year ago. As compared with April,
the prices for all groups advanced except meat animals,
dairy and poultry, and sundry unclassified items, which
declined. Contrasted with last year all groups were
lower in price, with the greatest declines occurring in
fruits and vegetables and cotton and cottonseed.
Factory pay roll payments were likewise smaller
than in April, but showed no change from May of last
year. Increased pay-roll payments in food products,
lumber, stone, clay and glass, nonferrous metals,
tobacco products, and vehicles were insufficient to
offset declines from April which were registered in
textiles, iron and steel, leather, chemicals, and miscellaneous industries. As compared with a year ago,
increases were registered in food products, textiles,
leather, paper and printing, tobacco products, and
miscellaneous industries, sufficient to offset declines
which occurred in iron and steel, lumber, stone, clay
and glass, nonferrous metals, and vehicle-factory pay
rolls.
12
REVIEW BY PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE
TEXTILES
May wool receipts at Boston were less than for
either the previous month or for May, 1926, an increase
from both periods in receipts of domestic wool being
more than offset by a decline in receipts of foreign
wool. Total imports of wool were also considerably
smaller than for either prior period. The consumption of wool by textile mills was slightly larger than in
April and considerably larger than a year ago. Wool
The number of cotton spindles active during May
was almost the same as during the previous month
and only slightly larger than a year ago, the hourly
activity also being greater than for either prior period.
Cotton prices showed a pronounced upward trend
during the month but were still considerably lower
than a year ago.
The production of cotton textiles in May was less
than for the previous month but greater than a year
THE TEXTILE INDUSTRIES
[Relative numbers, monthly average 1923-1925 taken as 100. May, 1927, is latest month plotted]
1920
1921
1922
1923
1924
1925
1926
1927
1920
1921
1922
1923
1924
1925
1926
1927
machinery showed about the same degree of activity
in May as in the previous month and a little greater
than in the corresponding month of last year.
The consumption of cotton was greater during May
than in either the previous month or the corresponding month of last year. Exports of unmanufactured
cotton declined from April but were 50 per cent
greater than a year ago. Stocks of cotton at mills
and in public storage continued to decline seasonally
but were slightly larger than at the end of May, 1926.
The world visible supply of cotton was also larger
than a year ago.
20"
1920
1921
1922
1923
1924
1925
1926
1920
1921
1922
1923
1924
1925
1926
1927
ago. Stocks of finished textiles at the end of May
showed little change from the previous month but
were much less than a year ago. Unfilled orders
at the end of May exceeded those at the end of either
prior period.
The May consumption of silk was slightly less than
in the previous month but considerably larger than in
May, 1926. Imports were larger than for either prior
period. Stocks of raw silk at warehouses were larger
and those at manufacturing plants smaller than at the
end of either April, 1927, or May, 1926. Silk prices
declined from both prior periods.
13
METAL INDUSTRIES
The consumption of iron ore and the production of
pig iron were almost as great as in the previous month
or the corresponding month of last year. The opening
of the Great Lakes at an earlier date than last year
resulted in a 50 per cent increase of receipts of iron
ore at the Lake Erie ports as compared with May,
1926.
The output of steel ingots was slightly less than in
April and slightly greater than a year ago. Unfilled
orders of the United Steel Corporation again declined
and continued smaller than a year ago. The output
of steel sheets, while less than in April, was sub-
The production of copper at the mines was slightly
larger than in April, but less than a year ago, the
refined copper output showing the same tendency.
Stocks of copper, both refined and blistered, exceeded
those at the end of April, the stocks of refined copper
being greater and those of blistered copper less than
a year ago.
Deliveries of tin at consuming establishments were
less than during the previous month but greater than
in the corresponding month of last year. The world
visible supply of tin, although less than at the end of
May, 1926, was larger than at the end of the previous
month. Imports of tin were slightly less than during
either prior period.
THE METAL INDUSTRIES
[Eelative numbers, monthly average 1923-1925 taken as 100. May, 1927, is latest month plotted]
1920
1921
1922
1923
1924
1925
1926
1927
1920
1921
1922
1923
1924
1925
{926 J927
1920
1921
1922
1923
1924
1925
1926
340
100
1920
1921
1922
1923
1924
1925
1926
(927
stantially larger than in May, 1926. New orders and
production of steel castings declined from both prior
periods.
Bookings of fabricated structural steel and of
fabricated steel plate were less than for either the
previous month or the corresponding month of last
year. Shipments of steel furniture, both in the business group and shelving were less than for either prior
period. New orders for shelving, however, were
larger than for either the previous month or for May,
1926. New orders for steel boilers were less, both in
number and in square footage of heating capacity,
than during the previous month.
1927
The production of zinc was less than for either the
previous month or the corresponding month of last
year, this being accompanied by a decline from both
periods in the number of retorts in operation. Stocks
of zinc ore exceeded those at the end of either prior
period. The production of lead again declined and
was also less than a year ago.
FUELS
The production of both bituminous and anthracite
coal was slightly greater than in the previous month
but less than a year ago. The production of coke
was slightly less than in April or in the corresponding
month of last year, an increase in the production of
14
by-product coke being more than offset by the decline
in the production of beehive coke. Wholesale coal
prices showed little change from the previous month.
Prices of bituminous coal were higher and those of
anthracite lower than a year ago. Coke prices
declined sharply from April but were the same as
during May, 1926.
Exports of sole and upper leather declined both from
the previous month and from May, 1926. Shipments
of leather belting were larger than for either prior
period. The May production of boots and shoes
declined from that of the previous month but was
slightly larger than a year ago.
AUTOMOBILES AND RUBBER
Imports of wood pulp were larger than for either
the previous month or for the corresponding month of
last year, a decline in imports of mechanical wood
pulp being more than offset by an increase in chemical
wood pulp imports. New orders for sales books exceeded those of the previous month and were almost
The production of passenger cars in the United
States was less than during either the previous month
or the corresponding month of last year, while Canadian production increased over both prior periods.
The production of trucks, both in the United States and
PAPER AND PRINTING
THE FUEL INDUSTRIES
[Relative numbers, monthly average 1923-1925, taken as 100. May, 1927, is latest month plotted where data were available]
30'liiliiliilii l i i l i i l i i l i i i n l t i l i i l i i l i i l u l n l i i l i i l n l i i l i l l n h i l i i l
1920
1921
1922
1923
PRODUCTION
1924
I925
1927
1920
1921
1922
1923
1924
1925
1926
1927
1920
1921
1922
1923
1924
1925
1926
1927
I
CRUDE PETROLEUM
1920
1921
1922
1923
1924
1925
i 1 1 1 1 1 1 1 1 OL
1926
ll.ll
1 927
in Canada, declined from the previous month but was
larger than a year ago. Exports of assembled passenger cars exceeded those of either prior period, and
truck exports, while less than in April, were much
greater than a year ago. Imports of crude rubber
were considerably less than in April but were greater
than a year ago.
HIDES AND LEATHER
Imports of hides were greater than during either
the previous month or the corresponding month of
last year, all classes being imported in greater quantities than in April and all except goatskins being
greater than a year ago. Hide prices advanced as
compared with both prior periods.
as great as a year ago. The production of paper-board
shipping boxes exceeded that for the previous month
and the corresponding month of last year, a decline
from both periods in solid fiber shipping boxes being
more than offset by an increase in the production of
corrugated boxes.
BUILDING
The volume of new building contracts was less in
square footage than for either the previous month or
for May, 1926. The value of building contracts
awarded in May was also less than in the previous
month but greater than a year ago, due to the large
increase from May, 1926, in the value of awards for
public and semipublic buildings. May fire losses were
much less than during either the previous month or
the corresponding month of last year.
15
LUMBER AND LUMBER PRODUCTS
STONE AND CLAY PRODUCTS
Lumber production was almost uniformly larger
than during the previous month and smaller than in
May, 1926, an increase from a year ago occurring only
in northern pine. Shipments of lumber showed no
definite trend, those of California redwood being
greater and those of North Carolina pine and Douglas
fir being less than for either prior period. Shipments
of southern and northern pine were greater than in
April but less than a year ago, while shipments of
western pine were smaller than in the previous month
but exceeded those of May, 1926. New orders for
The May output of both face and paving brick was
larger than for either the previous month or the corresponding month of last year. Shipments of both kinds
of brick also increased from April but were less than
a year ago. Unfilled orders were less than for either
prior period and stocks also declined from the previous
month, those of face brick being greater and those of
paving brick less than at the end of May, 1926.
New orders for vitreous china plumbing fixtures were
larger than in either April or a year ago. Shipments
and unfilled orders also exceeded those of the previous
month but were less than in May, 1926. Orders for
THE BUILDING-MATERIAL INDUSTRIES
[Relative numbers, monthly average 1923-1925, taken as 100. May, 1927, is latest month plotted]
1920
192!
1923
1924
each kind of lumber, except northern pine, exceeded
those of the previous month, and, except for California
redwood, were less than a year ago. Stocks of lumber
were in most cases less than at the end of either prior
period, the exceptions being southern pine, which
increased from both periods and oak, which exceeded
a year ago.
The flooring industry showed increased activity,
shipments, new orders, and unfilled orders being larger
than for either the previous month or the corresponding month of last year. The production of flooring
also exceeded that of April but was slightly less than
for May, 1926. Stocks were smaller than at the end
of either previous period.
1920
1921
1920
1921
1922
1923
1926
1927
architectural terra cotta declined, both in quantity and
value, from those of either prior period. The output
and shipments of Portland cement were considerably
greater than in April, production being greater and
shipments less than for the corresponding month of
last year. New concrete paving contracts awarded
fell short of those in April and were only slightly
greater than a year ago, contracts for roads being less
than for either prior period.
FOODSTUFFS AND TOBACCO
The visible supply of wheat continued to decline
seasonally, that of the United States being considerably
greater and that of Canada slightly less than a year
ago. Receipts of wheat at the principal markets were
16
greater than for either prior period, while shipments
and exports declined. Receipts and exports of corn
were larger than during the previous month, although
exports were less than in May, 1926. The visible
supply of corn declined from the previous month but
was greater than a year ago. Receipts and exports
of oats also exceeded those of the previous month, and
exports were larger than a year ago. The visible supply
of oats was less than for either prior period.
Receipts, shipments, and local slaughter of cattle,
calves, hogs, and sheep were larger than for either the
previous month but were greater than in May, 1926,
the cold-storage holdings being greater than at the
end of either prior period.
Imports of raw sugar were less than for either the
previous month or the corresponding month of last
year and stocks at refineries also declined from both
prior periods.
Imports of coffee declined from the previous month
but were greater than in May, 1926. The visible
world supply of coffee showed little change from either
prior period, although the supply in the United States
THE FOODSTUFFS INDUSTRIES
[Relative numbers, monthly average 1923-1925 taken as 100. May, 1927, is latest month plotted]
1920
1920
1921
1922
1923
1924
1925
1926
1927
1920
1922
1923
1924
1925
1926
1927
1920
previous month or for the corresponding month of last
year, despite a decline from the previous month in
prices of each kind of livestock. Eeceipts of poultry
and of fish also were larger than in either prior period.
Cold-storage holdings of poultry declined from the
previous month but were larger than at the end of
May, 1926, while those of fish were larger than for
either prior period.
The production of butter and cheese exceeded that
of the previous month, the output of butter being
greater and that of cheese less than a year ago.
Cold-storage holdings of butter and cheese exceeded
those at the end of April but were less than a year ago.
Receipts of eggs were slightly less than during the
1921
1922
1923
1924
1925
1926
1927
1922
1923
1924
1925
1926
1927
was considerably less than at the end of April and
greater than a year ago.
Imports of tea continued to decline seasonally but
were much greater than a year ago.
The consumption of tobacco was greater than in
April, that of cigars and cigarettes also being greater
than a year ago. Exports of both unmanufactured
leaf and cigarettes increased over both prior periods.
TRANSPORTATION
Car loadings of goods were slightly less than for the
corresponding month of last year, all classes of goods
except livestock and ore declining from a year ago.
17
The freight-car surplus at the end of the month was
only slightly smaller than at the end of either prior
period. Traffic on inland waterways was generally
larger than during either the previous month or the
corresponding month of last year, the only declines
from April being on the Ohio, Monongahela, and Mississippi Rivers, while the Monongahela, Allegheny, and
Ohio recorded declines in traffic as compared with
May, 1926.
on both types of paper being higher than a year ago.
Prices of stocks continued to increase and were
considerably higher than in May, 1926. Bond prices
were also generally higher than during either the
previous month or the corresponding month of last
year. Fewer business firms failed during May than
during the previous month but more than a year ago;
the liabilities of failing concerns were also less than in
April, but greater than in May, 1926.
BANKING AND FINANCE
[Relative numbers, monthly average 1923-1925 taken as 100. May, 1927, is latest month plotted]
1920
1921
1922
1923
1924
1925
1926
1927
1920
1921
1922
1923
1924
1925
1926
1927
1926
1927
USINESS PROFITS AND LOSSES
SPECULATION
,1 1 I I I I I I I I 1-U-IulljJ
1920
1921
1922
1923
1924
1920
1921
1922
1923
1924
1925
DISTRIBUTION MOVEMENT
GOLD AND SILVER AND FOREIGN TRADE
Sales by mail-order houses and 10-cent chain stores
were almost uniformly less than in the previous month
but greater than a year ago. Magazine advertising
was greater and newspaper advertising slightly less
than for either prior period. Postal receipts again
declined from the previous month but were greater
than a year ago.
Imports of gold were considerably greater than for
either the previous month or the corresponding month
of last year. Exports of gold and domestic receipts
at the mint, on the other hand, declined from both
prior periods. The production of silver in the United
States, although slightly greater than in April, was
less than a year ago, while imports of silver exceeded
those of either prior period.
Exchanges on the principal foreign countries showed
little change from the previous month, the only
increases being in the Italian lira and the Indian rupee,
while the rate of exchange on Japan declined. Compared with a year ago, rates of exchange on France,
Italy, Japan, and Argentina increased, while the rates
on the Netherlands, Switzerland, India, and Brazil
declined.
BANKING AND FINANCE
Check payments, both in and outside New York,
again declined but were larger than in May, 1926.
Loans and discounts by Federal reserve member
banks were larger than for either the previous month
or the corresponding month of last year. Interestrates on call loans averaged slightly less and those on
commercial paper slightly more than in April, rates
51376—27
3
18
INDEXES OF BUSINESS
The index numbers presented in this table are designed to show the trend in production, prices, trade,
etc., in various groups of industry and commerce. They consist in general of weighted combinations of series
of individual relative numbers; often the individual relative numbers making up the series are also given. The
function of index and relative numbers is explained on the inside front cover. A condensed form of this table
is given on page 9.
PER CENT INCREASE (-f) OR
DECREASE (— )
1927
1936
Maximum
since
Jan. 1,
1920
Minimum
since
Jan. 1,
1920
March
April
May
180
73
97
89
165
239
155
122
273
152
193
149
131
145
62
105
41
0
0
17
78
38
57
80
130
192
119
120
0
150
185
140
59
110
138
253
143
177
153
245
390
185
190
80
19
58
64
54
30
21
45
94
246
242
254
405
346
170
May, 1927,
from April,
1927
May, 1927,
from May,
1926
March
April
May
94
113
96
106
+ 10.4
+ 12.8
122
190
103
112
0
145
166
139
77
105
135
198
101
110
156
146
177
142
71
107
152
239
155
83
0
137
193
141
75
108
127
230
89
97
40
140
190
136
70
100
145
242
91
109
197
142
182
133
68
101
+ 14 2
+ 5.2
+ 2.2
+ 12. 4
+ 392. 5
+ 1.4
-4. 2
-2. 2
-2.9
+ 1.0
+ 7.4
+ 22.2
9 9
-0.9
+ 26.3
-2.7
+ 2.8
-6.3
-4. 2
-5.6
113
65
88
96
75
147
89
137
141
110
50
83
84
66
176
71
107
140
118
77
91
81
76
190
83
128
148
118
48
85
101
69
168
80
165
151
119
53
82
84
66
230
71
118
145
134
101
95
96
90
212
102
145
153
+ 12.6
+ 90. 6
+ 15. 9
+ 14.3
+ 36.4
-7.8
+ 43.7
+ 22.9
+ 5. 5
+ 13.6
+ 31.2
+ 4. 4
+ 18. 5
+ 18.4
+ 11. 6
+ 22. 9
+ 4.1
+ 3.4
49
43
58
50
12
19
70
68
133
87
65
41
57
56
102
84
52
32
57
56
124
128
43
22
93
72
155
95
117
61
67
52
150
118
74
23
70
67
143
154
58
19
+4.5
+ 28. 8
-4. 7
+ 30. 5
-21.6
-17.4
+ 22.8
+ 19.6
+ 15.3
+ 20. 3
+ 34.9
-13. 6
136
137
164
292
149
61
59
51
20
24
126
132
110
31
113
124
125
129
74
115
131
129
132
172
105
112
115
108
66
110
115
110
129
189
101
128
121
127
292
93
+ 11.3
+ 10. 0
1. 6
+ 54. 5
-7.9
2. 3
-6. 2
3. 8
+ 69. 8
11. 4
139
142
135
133
152
166
115
127
210
174
195
137
164
71
68
77
54
32
57
63
69
92
69
71
70
37
132
138
106
117
150
159
88
127
173
115
176
127
154
132
132
101
106
140
154
82
127
166
136
168
116
153
130
130
111
96
135
151
73
123
172
164
180
118
147
136
142
114
133
151
138
98
117
190
138
171
127
159
135
135
111
115
139
129
90
114
183
144
166
120
161
139
139
133
117
136
142
83
111
189
168
166
131
155
+ 3.0
+ 3.0
+ 19.8
+ 1.7
-2.2
+ 10. 1
-7. 8
-2.6
+ 3.3
+ 16. 7
0.0
+ 9.2
-3.7
+ 6.9
+ 6.9
+ 19. 8
+ 21.9
+ 0.7
-6. 0
+ 13. 7
-9.8
+ 9.9
+ 2.4
-7.8
+ 11.0
+ 5.4
PRODUCTION
(Relative to 1919 monthly average as 100)
RAW MATERIALS
Grand total
_
MINERALS
Total
Petroleum
_
Bituminous coal
Anthracite coal
Iron ore*
Copper
Lead Zinc
Gold
Silver
_ _
-_ _ _ _
ANIMAL PRODUCTS (marketings)
Total
Wool*
Cattle and calves
Hogs
Sheep
Effscs*
Poultry
Fish
Milk (New York)
CROPS (marketings)
Total
--Grains*
*
Vegetables *
Fruits*
Cotton products*
Miscellaneous crops*
_
_
.
_
_ __
FOREST PRODUCTS
Total
Lumber
_
Pulp wood
Gum (rosin and turpentine) *
Distilled wood
MANUFACTURING
Grand total (adjusted for working days)
Grand total (unadjusted) _
Foodstuffs
Textiles
Iron and steel
Lumber
Leather
Paper and printing
Chemicals, oils, etc
Stone and clay products
Metals, excepting iron and steel
Tobacco
Miscellaneous
_
*Fluctuations between maximum and minimum due largely to seasonal conditions.
39
INDEXES OF BUSINESS—Continued
Minimum
since
Jan. 1,
1920
March
198
346
201
121
201
94
73
85
58
86
158
198
173
180
169
161
206
158
95
169
199
306
204
115
199
85
70
64
56
88
168
250
164
65
172
116
112
153
40
31
25
126
129
136
135
133
150
1
89
PER CENT INCREASE (+) OR
DECREASE ( — )
1927
1996
Maximum
since
Jan. 1,
1920
May, 1927,
from
April, 1927
May, 1927,
from
May, 1926
March
April
May
165
235
149
85
170
182
251
197
69
195
173
219
191
73
192
180
250
177
82
188
+4.0
+ 14. 2
-7. 3
+ 12. 3
9 1
Zi.
JL
+ 9. 0
+ 6. 4
+ 18. 8
-3. 5
+ 10. 6
162
243
143
65
172
152
215
131
65
170
197
306
184
68
199
178
257
164
67
195
163
225
144
66
188
-8.4
-12. 5
-12. 2
-1. 5
-3.6
+ 7.2
+ 4.7
+ 9. 6
+ 3.0
+ 10. 6
55
43
105
51
38
104
48
36
100
50
36
105
50
35
114
48
31
118
-4.0
-11. 4
+ 3. 5
60
59
43
62
88
58
*46
85
106
73
81
133
93
75
80
103
59
79
123
77
76
82
108
60
80
111
78
81
83
107
73
79
130
90
71
78
102
68
77
122
75
71
80
99
56
82
113
72
76
+ 2. 6
-2.9
-17. 6
+ 6. 5
-7.4
+ 7.0
-2.4
-8.3
-6.7
+ 2. 5
+ 1.8
-7.7
-6.2
170
49
130
120
105
132
128
106
-17 2
10
466
223
387
261
222
303
215
84
55
119
109
106
109
72
199
112
302
194
143
206
143
202
111
329
191
150
226
166
214
109
322
188
160
220
174
213
108
387
224
153
216
125
244
104
381
223
157
257
198
224
88
382
206
157
216
143
-8.2
-15.4
+ 0.3
— 7. 6
0. 0
-16. 0
+ 4.7
-19.3
+ 18. 6
+ 9. 6
-1. 9
-1. 8
-17. 8
234
156
80
100
130
142
133
143
137
138
128
142
143
143
131
138
-3.5
94
88
90
93
90
91
103
105
96
103
88
96
98
93
86
88
93
92
87
103
103
99
101
84
95
97
92
87
86
92
92
86
103
95
102
99
94
94
96
91
87
90
90
83
92
104
105
95
95
84
86
103
91
86
88
89
83
87
104
105
98
94
82
87
102
90
87
87
88
84
86
103.
94
99
94
82
87
100
-1 1
+ 1.2
-1. 1
-1. 1
+ 1-2
I i
-1. 0
-10. 5
+ 1.0
0. 0
0.0
0. 0
-2. 0
April
May
STOCKS
(Relative to 1919 monthly average as 100)
(Corrected for seasonal variation)
Total
__
_
Raw foodstuffs.
_
__
Raw materials for manufacture
Manufactured foodstuffs
Other manufactured commodities
(Unadjusted index)
Total
___ __
. _._ ___
_ __R a w foodstuffs. _ _ _ _ _
Raw materials for manufacture
_
Manufactured foodstuffs
Other manufactured commodities
UNFILLED ORDERS
(Relative to 1920 monthly average as 100)
(Iron, steel, and building materials)
Total (8 commodities)
Iron and steel
Building materials-
__
0.0
13 Q
+ 18.0
WHOLESALE TRADE
(Relative to 1919 monthly average as 100)
(Distributed by Federal reserve districts)
Grand total, all classes
Hardware (10 districts)
Shoes (8 districts)
Groceries (11 districts)
Drugs (7 districts)
Dry goods (8 districts)
Meats
_ _ _
4. 0
RETAIL TRADE
(Relative to 1919 monthly average as 100)
MAIL-ORDER HOUSES (4 houses)
CHAIN STORES:
Ten-cent (5 chains)
Music (4 chains) _
Grocery (27 chains)
Drugs (9 chains)
Cigar (3 chains)
Candy (5 chains)
Shoe (6 chains)
DEPARTMENT STORES:
Sales (359 stores)
Stocks (314 stores)
_
_
_
_ _ _
97 8
8 4-
-4. 4
0. 0
EMPLOYMENT
(Relative to 1923 monthly average as 100)
Number employed, by industries :
Total, all classes
_
_ _
Food products
_ _ _
Textiles.- _ __ -_ _ _ _ _.
Iron and steel
^
Lumber
Leather
Paper and printing
Chemicals
Stone, clay, a n d glass _
_ _ _ _ _
Metal products other than iron and steel _
Tobacco products
Vehicles
Miscellaneous
i Since Jan. 1. 1921.
2
2
2
2
2
2
2
2
2
2
2
2
2
102
107
103
104
103
105
104
105
105
107
108
103
107
2
2
2
2
2
2
2
2
2
2
2
2
2
85
86
81
79
83
83
93
84
89
66
78
75
80
2 Since July 1, 1922.
-2.2
0.0
+ 1.2
-4.3
-8. 7
0. 0
0.0
-1. 1
-2.9
-5. 1
-12. 8
-7. 4
+ 4.2
20
INDEXES OF BUSINESS—Continued
PER CENT INCREASE (-f ) OR
DECREASE (-)
1927
1926
Maximum
since
Jan. 1,
1920
Minimum
since
Jan. 1,
1920
March
April
Amount of pay roll, by industries:
Total, all classes
_ _ 22105
107
Food products
2
106
Textiles
2
108
Iron and steel
_
2
106
Lumber _ _
2
108
Leather
2
116
Paper and printing
2
Chemicals
- _ 2 110
112
Stone, clay, and glass
_
Metal products other than iron and steeL 22 110
112
Tobacco products
2
107
Vehicles
2
112
Miscellaneous
2 74
2
85
2
72
2
62
2
84
2
70
2
88
2
85
2
84
2
70
2
78
2
60
2
72
99
92
93
101
96
90
112
106
104
107
90
100
103
97
89
87
100
97
82
111
105
105
104
84
99
103
96
92
83
98
98
70
111
100
110
100
83
97
100
98
91
94
98
91
90
114
110
103
98
82
91
111
97
90
89
96
90
84
113
110
106
91
79
93
113
96
93
87
94
93
82
113
100
108
95
85
94
109
-1.0
+ 3.3
-2.2
-2. 1
+ 3.3
-2. 4
0.0
9. 1
+ 1.9
+ 4. 4
+ 7.6
+ 1.1
3. 5
+ 4.8
-4. 1
-5. 1
+ 17. 1
+ 1.8
0.0
-1.8
-5.0
+ 2.4
-3. 1
+ 9.0
235
283
373
186
215
304
180
110
88
108
91
122
76
74
140
133
220
147
137
133
85
140
131
253
146
133
135
83
139
131
240
148
131
130
82
126
121
140
144
133
102
81
125
119
147
143
133
101
80
126
127
158
137
130
113
79
+ 0. 8
+ 6.7
+ 7.5
-4.2
-2. 3
+ 11. 9
-1.2
-9.4
-3. 1
-34.2
-7.4
-0.8
-13. 1
-3.7
US
243
248
346
281
203
300
213
275
208
138
114
131
168
158
109
155
121
157
111
152
144
151
181
175
128
176
132
164
128
151
145
153
177
174
127
173
130
163
127
152
144
154
176
179
125
172
131
162
125
145
137
147
168
168
123
167
121
157
119
144
137
147
169
161
122
165
122
157
119
144
137
148
170
158
121
166
122
157
120
0.0
0.0
+ 0.7
+ 0.6
-1.9
-0.8
+ 0.6
0. 0
0. 0
+ 0.8
-5.3
-4.9
-3.9
-3. 4
11 7
-3.2
-3.5
-6. 9
-3. 1
-4.0
244
249
249
118
146
135
128
162
154
128
163
153
129
163
153
122
155
149
120
155
147
121
155
146
+ 0.8
0. 0
-0.7
-6.2
-4.9
-4.6
218
227
134
115
157
142
156
140
155
139
151
136
151
135
155
135
+ 2.6
0.0
0.0
-2.9
205
219
186
288
3
179
208
123
192
155
139
143
153
3
156
174
118
171
169
160
177
176
166
190
118
175
168
162
176
175
162
184
118
173
164
168
154
161
172
176
175 . 172
166
158
179
189
118
122
173
173
164
154
171
172
161
181
122
173
May
March
April
May
May, 1927,
from
April, 1927
May, 1927,
from
May, 1926
EMPLOYMENT— Continued
(Relative to 1923 monthly average as 100)
0.0
+1.1
PRICE INDEX NUMBERS
FARM PRICES
(Relative to 1909-1914 average as 100)
All groups
Grains
Fruits and vegetables
Meat animals
Dairy and poultry
Cotton and cottonseed
Unclassifie d
.
WHOLESALE PRICES
Department of Labor Indexes
(Relative to 1913)
All commodities
Farm products
Food, etc Cloths a n d clothing _
__
Fuels
Metals and metal products _
Building materials
Chemicals
House-furnishing goods
Miscellaneous. _
Classified by state of manufacture:
Producers' goods
Consumers' goods
Raw materials.
Commercial Indexes
(Relative to 1913)
Dun's (1st of following month)
Bradstreet's (1st of following month)
COST OP LIVING
National Industrial Conference Board Indexes
(Relative to July, 1914)
All items weighted
Food (Dept. Labor)
Shelter
Clothing
Fuel and light
Fuel
Light
Sundries _
» Since July 1,1922.
3 Since Jan. 1,1923.
21
CORN SIRUP AND STARCH
[In thousands of pounds]
1919
1920
1921
1924
1923
1922
1925
1926
DISTRIBUTION
CORN SIRUP (GLUCOSE)
Mixed sirup
Manufacturing confectioneries ...
Jams, jellies, and preserves
_
Bakers
Brewers (body sirup)
Technicals (textiles, paper, etc.)
Tobacco manufacturers
Ice cream manufacturers
Miscellaneous dealers, etc
__
_
_
610, 690
350, 281
29,063
36, 559
20, 181
298, 086
328, 675
20, 052
30, 703
22,993
315, 704
393, 298
26,588
39, 598
7,752
304, 147
408,063
22,459
47,330
7,822
410, 514
425,886
32, 527
63, 025
10, 486
319, 888
448,955
24,327
48, 012
11, 715
365, 199
452, 439
22,634
51,833
8,278
8,600
14, 226
691
66, 101
7,964
8,588
1,508
47, 594
6,258
14, 224
817
56, 205
6,503
6,431
604
72, 395
9,960
4,934
1,138
63,247
8,691
5,389
658
68,268
8,520
4,485
680
56, 555
8,394
4,126
378
57, 360
1, 230, 406
175, 293
1, 112, 428
123, 667
778, 013
221, 581
868,873
211, 563
867, 100
137, 590
1, 025, 444
170, 328
923, 137
137, 038
970, 641
138,457
1,405,699
1, 236, 095
999, 594
1,080,436
1,006,690
1,195,772
1, 060, 175
1, 109, 098
_.
Total for domestic consumption .
Exported
Total distribution
635, 783
412,388
29, 944
38, 161
24, 512
_ ..
_ -
STARCH
Bakers and millers
Baking powder
..
Brewers (refined grits)
C onf ectioners
Chemists, colors and explosives
Dextrine makers and founders
_ - -.
13, 533
40, 582
9,595
17, 853
23,899
14, 601
16, 937
51, 622
4,246
16, 612
25, 318
20, 625
20, 503
53, 736
4,396
18, 725
21, 601
13, 256
24,472
52,290
5,898
25,459
25, 439
24, 512
20, 350
42,828
2, 664
26,800
27,200
26,284
19,469
54, 388
1,723
31,889
31, 856
30, 602
18, 739
42, 585
993
33, 399
24, 325
27, 525
19,840
44,098
1,069
33, 142
26, 631
44,771
Paper paste asbestos, etc
Dealers and repackers (bulk)
Grocers (packages)
_ _ Laundry (bulk)
Cotton mills, etc
Miscellaneous
_ _ _ .
- _ _ _
25, 667
109,782
121, 988
12, 496
65, 018
9,633
35, 830
117, 303
135, 038
12, 887
95, 061
14,904
26,499
93, 965
147,877
11,906
106, 593
20, 683
45, 353
91, 718
176,722
22, 871
120, 892
49, 701
45,203
66, 471
148,649
21, 747
110, 342
41,447
51, 379
68,883
149, 291
17, 195
106, 930
43, 873
51,281
63, 724
136, 311
14, 781
107, 303
42, 851
55,409
58,404
143, 269
14,311
111,555
41, 660
464, 647
234, 754
546, 383
124, 808
539, 740
265, 048
665, 327
358, 889
579, 985
207, 764
607, 478
268, 930
563, 817
235, 105
594, 159
241, 592
699, 401
671, 191
804, 788
1, 024, 216
787, 749
876, 408
798, 922
835, 751
.
Total f o r domestic consumption _ _ _ _ _ _ _
Exported
Total distribution
* From data compiled by the Associated Corn Products Manufacturers, comprising total distribution of these products by manufacturers.
CHILDS CO. RESTAURANT SALES
1920
1921
1922
1923
1924
1925
1926
1927
1920
1921
1923
1922
1924
1925
1926
1927
MONTH
Number of stores
Thousands of dollars
January
February .
March.
April
.
_
May
June .._.July
August - > _
September
October
November
December
Total
Monthly averages. _ _
1
.
1,544
1,473
1,723
1,719
2,152
1,952
2,251
2,047
2,043
1,942
2,070
2,008
2,296
2,036
2,301
2,191
2,399
2,165
2,261
2,288
2,274
2,136
2,299
2,314
2,423
2,220
2,512
2,455
2,537
2,319
2,522
2,443
84
84
84
85
92
93
94
94
98
98
98
97
103
103
103
103
111
111
111
110
111
111
111
111
114
114
115
115
117
116
117
117
1,803
1,811
1,968
2,096
2,080
2,081
2,067
2,325
2,100
2,025
2,072
2,336
2,320
2,183
2,241
2,572
2,233
2,142
2,323
2,385
2,207
2,147
2,376
2,489
2,450
2,495
2,376
2,549
2,402
85
87
86
86
96
96
96
96
99
100
100
101
104
105
107
107
112
112
112
112
110
111
111
113
115
113
113
113
119
2,027
1,989
1,853
1,924
2,089
2,089
2,061
2,126
2,214
2,237
2,216
2,261
2,385
2,470
2,264
2,433
2,346
2,415
2,178
2,438
2,554
2,533
2,402
2,670
2, 682
2,593
2,466
2,699
87
86
86
86
96
95 .
95
95
101
101
101
101
107
107
107
107
113
113
113
113
113
114
115
114
113
113
114
115
21, 930
1,828
25, 320
2,110
25, 524
2,127
27, 692
2,308
27, 573
2,298
28, 401
2,367
29, 920
2,493
86
95
100
105
112
112
114
Data furnished by Childs Co., the figures for previous years being revised to include for current comparison the operations of Boos Bros., beginning with January,
1921, which organization was consolidated with the Childs Co. in 1926.
22
GLOVE LEATHER
[Thousands of skins]
1920
MONTH
1931
I
1924
1923
1922
!
1926
1935
1927
PRODUCTION
January
February
March
April
May
June
July
\ ugust
September
October
November
December
397
365
303
297
320
316
354
299
319
468
374
437
395
462
509
539
505
542
568
529
500
629
652
791
730
814
763
817
875
888
1,049
970
905
836
771
835
695
736
671
654
798
731
846
717
593
518
392
440
523
645
574
629
674
683
681
664
660
577
525
550
578
708
736
698
774
720
753
722
710
634
588
613
666
684
662
669
1,362
2
341
4,792
399
7,840
653
9,885
824
7,406
617
7,734
645
8,195
683
«
Total
Monthly average
727
808
810
823
STOCKS IN PROCESS OF TANNING, END OF MONTH
January .
February
March
April
May
June '
July
August
September
October
November
December
1,270
1,140
1,287
1,327
1,578
1,552
1,639
1,500
1,471
1,403
1,402
1,382
1,415
1,375
1,303
1,428
1,474
1,507
1,504
1,503
1,669
1,750
1,286
1,660
1,715
1,841
1,884
1,917
2,011
2,091
2,130
2,219
2,220
2,054
1, 974
2,021
2,287
2,088
2,031
2,049
2,103
2,056
2,104
2,047
1,907
1,800
1,778
1,807
1,734
1,688
1, 653
1,550
1,592
1,634
1,550
1,554
1,459
1,479
1,454
1,440
1,414
1,579
1,683
1,660
1,822
1, 797
1,844
1,883
1,821
1, 792
1,803
1,891
1,789
1,818
1,839
1,888
1, 256
1,454
1,643
2,098
1,852
1,542
1,832
_ ___
2
Monthly average
1,913
1,857
1,891
1,762
FINISHED STOCKS, END OF MONTH
January
February
March
April..
May
June
July
August
September
October
November
December
2,854
3, 053
3,408
3,284
3,559
3,226
2,919
3,219
2,939
3,067
2,851
2,697
2,700
2,674
2,525
2,697
2,704
2, 846
3,077
2,949
2,993
2,893
3,361
3,063
3,039
3,184
3,289
2,924
2,518
3,460
3,954
3,995
3,737
3, 784
3,822
3,679
3,625
3,490
3, 563
2,942
3,197
2,787
2,924
3,056
2,970
2,858
2,729
2,613
2,465
2,365
2,170
2,377
2,412
2,497
2,525
2,481
2,450
2,448
2,333
2,250
2,120
2,118
2,166
2,396
2,706
2,818
2,964
2,943
3,044
2,982
2,941
2,853
2,656
2,599
2,541
2,518
3, 150
2,923
3,027
3,547
2,709
2,350
2,797
-_
2
Monthly average
2,672
2,761
2,905
2,736
1
Compiled by the U. 8. Department of Commerce, Bureau of the Census, representing total data for the following grades of glove leather: Goat and kid, cabretta, sheep
and 2lamb, and deer and elk. This replaces data previously published.
Four months' average.
STEEL BOILERS, NEW ORDERS: 1 1927
TOTAL, 5 MONTHS
TYPE
Number
Grand total .
6,495
Square
feet
6, 906, 908
FEBRUARY
JANUARY
Square
feet
Number
1,021
1, 179, 183
Square
feet
Number
1,101
1, 389, 984
APRIL
MARCH
Square
feet
Number
1,413
Number
MAY
Square
feet
Square
feet
Number
1, 492, 240
1,551
1, 500, 503
1,409
1, 344, 998
STATIONARY
Total
Water tube.
Horizontal return tubular
Vertical fire tube
Locomotive (not
railway)
Steel heating 2
Oil country
Self-contained portable 3
Miscellaneous
__ .
6,429
6, 819, 066
1,004
1, 160, 247
1,087
1, 363, 159
1,400
1, 469, 301
1,538
1, 483, 974
1,400
1, 342, 385
581
634
735
128
3, 505, 688
749, 696
187, 190
58, 133
1, 660, 800
426, 604
210, 297
20, 658
108
92
120
21
479
116
57
11
648, 598
107, 074
23, 284
9,275
213, 074
105, 488
48, 057
5,397
108
87
145
24
514
161
43
5
789, 051
115,304
39, 986
12, 674
245, 436
126, 836
31, 461
2,411
132
173
155
26
717
122
65
10
713, 600
192, 512
44, 981
11,576
353, 529
108, 007
41, 293
3,803
121
151
189
30
907
49
73
18
713, 835
185, 078
47, 541
15, 228
436, 099
35, 450
43, 247
7,496
112
131
126
. 27
880
59
59
6
640,604
149, 728
31, 398
9,380
412, 662
50,823
46, 239
1,551
13
16,529
9
2,613
1
12
2,091
14, 438
9
2,613
3,497
507
297
50
MARINE
Total
Water tube
Pipe
Scotch
2 and 3 flue
,. _,„
,
,_._
66
87,842
17
18, 936
14
26, 825
13
22, 939
9
1
53
3
29, 495
2,091
55, 056
1,200
2
5,000
6
22, 320
1
2,175
12
3
12, 736
1,200
8
4,505
12
20,764
* Compiled by the U. 8. Department of Commerce, Bureau of the Census, from reports of 72 firms, estimated to represent about 90 per cent of the industry (although
for some
classes the representation is less).
2
As differentiated from power boilers.
8
Not including types listed abovef
23
TREND OF BUSINESS MOVEMENTS
The following table contains a summary of the monthly figures, designed to show the trend in important
industrial and commercial movements. These data represent continuations of the figures presented in the
latest semiannual number (February, 1927), in which monthly figures for 1925 and 1926 may be found, together
with explanations as to the sources and exact extent of the figures quoted. The figures given below should
always be read in connection with those explanations. Data on stocks, unfilled orders, etc., are given as of the
end of the month referred to. For explanations of relative numbers, including base periods, see introduction
on inside front cover.
1937
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
January
February
March
PER CENT INCREASE (+) OR
DECREASE (-)
1936
April
May
April
May
May,
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
1936
1937
Per ct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
TEXTILES
Wool
Receipts at Boston:
Total
thous. of Ibs
Domestic
. . . _thous. of Ibs _
Foreign
thous. of Ibs
Imports:
In condition imported
thous. of Ibs. _
Grease equivalent 2
thous. of Ibs
Consumption by textile mills,
grease equivalent
thous. of lbs__
Machinery activity, hourly:
LoomsWide
per ct. of hours active
Narrow
per ct. of hours active
Carpet and rug
per ct of hours active
Sets of cards
per ct. of hours active
Combs
per ct. of hours active
Spinning spindles—
Woolen
per ct of hours active
Worsted
per ct. of hours active
Prices:
Raw, territory, fine, scoured dolls, per Ib
Raw, Ohio and Pa. fleeces,
% blood, combing, grease.. .dolls, per lb__
Worsted yarn
dolls per Ib
Women's dress goods, French
serge
dolls, per yd
Men's suitings
dolls per yd
19, 743
6,081
13, 662
29, 693
6,577
23, 116
27, 436
8,600
18,836
28, 025
9,522
18, 503
26, 394
17, 938
8,456
38,905
8,857
30, 048
36, 368
13, 729
22, 639
-5.8 -27.4
+88.4 +30.7
-54.3 -62.6
181, 605
44,086
137, 519
131, 291
48, 718
82, 573
-27.7
+10.5
-40.0
27, 542
30, 642
34, 072
38, 075
33, 457
37, 617
29, 239
33, 177
18, 117
20, 362
32, 653
34, 143
24, 119
24, 798
-38.0
-38.6
-24. 9
-17.9
185, 223
197, 338
142, 427
159, 873
-23.1
-19.0
46, 389
45, 938
54, 262
43, 971
44, 338
40, 093
36, 237
+0.8 +22.4
202, 200
234. 898
+16.2
68
65
65
75
84
64
62
64
75
89
61
63
66
80
81
57
60
67
78
77
58
61
67
80
74
59
62
63
75
73
57
57
57
73
68
+1.8
+1.7
0.0
+2.6
-3.9
+1.8
+7.0
+17.5
+9.6
+8.8
72
75
74
71
77
66
77
63
80
61
72
62
70
57
+3.9
-3.2
+14.3
+7.0
1.08
1.09
1.08
1.08
1.08
1.15
1.13
0.0
.44
1.38
.44
1.38
.44
1.38
.43
1.35
.41
1.33
.44
1.45
.42
1.40
-4.7
-1.5
-2.4
-5.0
1.00
3.29
1.00
3.29
.98
3.29
^98
3.29
.98
3.29
1.05
3.51
1.05
3.51
0.0
0.0
-6.7
-6.3
Receipts into sight
thous. of bales
1,199
1,260
1,556
Imports, unmanufactured _
bales
41, 267
56, 939
39, 702
Exports, unmanufactured
(including linters)
.. ..bales 1, 115, 792 1, 010, 507 1, 129, 537
Consumption by textile mills
bales
604, 584
694, 193
590, 447
Stocks, domestic, end of month:
Total, mills and w'houses.-thous. of bales..
6,472
7,923
7,377
Mills
thous. of bales
1,980
1,853
1,933
Warehouses
thous of bales
6,070
5,444
4,492
Stocks, world visible, end of month:
Total
thous. of bales
7,795
8,796
8,533
American
...thous. of bales..
7,227
6,860
6,178
Machinery activity of spindles:
Active spindles
_
thousands
32,634
32, 919
32, 872
Total activity
millions of hours. _
8,558
9,629
8,266
Activity per spindle
hours..
229
260
222
Ratio to capacity
.per cent
109.7
102.3
106.8
Prices:
To producer
dolls, per lb_.
.106
.115
.125
In New York, middling
dolls, per lb._
.134
.144
.140
865
37, 519
686
21, 347
618
33, 348
504
13, 625
-20.7 +36.1
-43.1 +56.7
3,731
193, 114
5,567
196, 774
+49.2
+1.9
855, 449
619, 140
628, 132
633, 024
516, 494
577, 678
419, 459
516, 376
+49.7
+22.6
2, 761, 837
2, 877, 383
4, 739, 417
3, 141, 388
+71.6
+9.2
5,571
1,895
3, 676
4,663
1,794
2,869
5,166
1,637
3,529
4,414
1,449
2,965
-16.3 +5.6
-5.3 +23.8
-22.0 -3.2
7, 380
5,718
6,507
4,815
5,486
3,805
5,070
3,459
-11.8
-15.8
32, 892
8,805
238
105.8
32, 907
9,002
244
109.0
32, 891
8,3-45
221
98.2
32, 275
7,503
199
88.9
.123
.146
.139
.163
.166
.192
.160
.189
-4.4
Cotton
-26.6
+2.2
+28.3
+39.2
0.0 +2.0
+2.2 +20.0
+2.5 +22.6
+3.0 +22.6
+13.0
+11.6
-13.0
-13.8
Cotton Goods
Cotton finishing:
Billings, finished goods (as
produced)
thous. of yds.. 75, 510
83, 554
Orders received, gray
yardage
thous. of yds.. 88, 603
91, 402
Shipments,finishedgoods .
cases
48, 936
48, 968
Stocks, finished goods, end mo
cases.. 36, 581
34, 971
Operating activity
per ct. of capacity..
69
82
Unfilled orders, end of month
days
6.8
7.0
Cotton textiles,* total (9 groups):
Production
thous of yds
228, 933
232,611
Stocks, end of month
thous. of yds.. 216, 212 190, 520
Unfilled orders, end mo. thous. of yds_. 441, 799 454, 140
Drills and twillsProduction
thous. of yds.. 15,285
17,015
Stocks, end of month
thous. of yds.. 14, 115
11, 467
Unfilled orders, end mo. thous. of yds.. 26, 759
27,283
Wide drills, twills, and broadclothProduction
thous. of yds. . 12,149
13, 192
Stocks, end of month
thous. of yds..
9,451
8,617
Unfilled orders, end mo. thous. of yds.. 29.054
27. 519
* See table on p. 21 of the May, 1927, issue for earlier data.
108, 067
91, 675
85, 054
90, 938
79, 164
-7.2
+7.4
428, 963
443, 860
+3.5
102, 327
59, 519
36, 178
82
6.8
85, 323
51, 869
38, 275
78
6.2
77, 170
49, 711
37, 340
72
6.1
79, 606
49, 301
42, 350
67
6.3
69, 348
45, 715
41, 352
61
5.5
-9.6 +11.3
-4.2 +8.7
-2.4 -9.7
-7.7 +18.0
-1.6 +10.9
418, 633
243, 069
444, 825
259, 003
+6.3
+6.6
277, 052
162, 438
445, 171
237, 185
176, 681
474, 530
231, 874
177, 890
572, 009
206, 431
267, 586
220, 152
188, 505
277, 515
204, 544
-2.2 +23.0
+0.7 -35.9
+20.5 +179. 7
21,200
8,722
27, 773
16, 946
9,093
31, 677
17, 451
8,480
38, 778
15, 187
29,001
6,865
12, 208
30,418
5,961
+3.0 +42.9
-6.7 -72.1
+22.4 +550. 5
87, 055
87, 897
+1.0
15, 840
7,679
28. 775
13, 825
8,474
28.735
14,024
8,681
29.378
6,144
5, 258
10.483
6,146
6,444
9.482
+1.4 +172. 5
+2.4 +34.7
+2.2 +209. 8
32, 569
69,030
+112. 0
1, 207, 655
24
TREND OF BUSINESS MOVEMENTS—Continued
1927
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, f t Survey "
PER CENT INCKEASE (+) OR
DECREASE (— )
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
Per ct.
in-
crease
or de-
^
crease
January
Feb-
ruary
March
April
May
April
May
May,
1927,
from
Apr.,
1927
(-)
May,
1927,
from
May,
1926
1926
1927
cumulative
1927
from
1926
TEXTILES— Continued
Cotton Goods— Continued
Cotton textiles— Continued.
Print cloths, plain and fancyProduction...
thous. of yds._
69, 492
Stocks, end of month
thous. of yds_. 29, 613
Unfilled orders, end mo -thous. of yds_. 124, 766
Pajama checks and ginghamsProduction
thous. of yds_. 25, 147
Stocks, end of month
thous. of yds_. 48, 027
Unfilled orders, end mo. thous. of yds. . 43, 149
Demins and chambrays—
Production
thous. of yds.. 38, 349
Stocks, end of month
thous. of yds_. 41, 843
Unfilled orders, end mo -thous. of yds__
81, 660
Canton flannels (for mitten trade)—
2,646
Production..
thous. of yds..
Stocks, end of mo
thous. of yds..
5,006
Unfilled orders, end mo -thous. of yds.. 12, 299
Osnaburgs—
Production
thous. of yds..
9,016
Stocks, end of month
thous. of 3rds._
2, 115
Unfilled orders, end mo. thous. of yds_. 22 905
Narrow sheetingsProduction
thous. of yds.. 50, 770
Stocks, end of month
thous, of yds.. 41, 980
Unfilled orders, end mo -thous. of yds.. 91, 786
Wide sheetingsProduction
thous. of yds. _
6,079
Stocks, end of month
thous. of yds_.
24, 062
Unfilled orders, end mo. thous. of yds..
9,421
Fine cotton goods production
pieces. _ 441, 484
Cotton cloth exports
thous. of sq. yds.. 39, 834
Elastic webbing, shipments
thous. of yds_.
11,249
Fabrics for tire manufacture:*
Consumption
thous. of lbs._
14, 358
Exports —
Total
sq. yds.. 84, 823
Cord
sq. yds.. 11,466
Others
sq. yds.. 73, 357
Prices:
Cotton yarn—
22/1 cones, Boston
dolls, per Ib
.301
40/ls. New Bedford.
dolls, per lb_.
.460
.068
Print cloth, 64 x 60
dolls, per yd..
.080
Sheeting, brown
_
dolls, peryd..
Cotton goods (Fairchild)... index number..
143
Silk
Imports raw
thous. of Ibs
Deliveries (consumption)
bales..
Stocks, end of month:
At warehouses
_
bales
At manufacturers' plants
bales
Silk machinery activity:
Broad looms
per cent of normal..
Narrow looms
per cent of normal
Spinning spindles
per cent of normal
Price Japanese New York
dolls, per Ib
Rayon
Importsf
Stocks in bonded warehouses,
end of monthf
thous. of Ibs..
8,208
83,283
66, 084
17, 937
161, 699
72, 120
48, 889
58, 063
60, 615
53, 858
43, 341
+0.1 +9.0
+11.0 -66.7
+20.0 +273. 1
354, 012
14, 546
122, 822
66, 048
16, 166
134, 751
354, 505
-0.1
116,345
23, 859
43, 635
44, 888
27, 070
40, 207
45, 138
26, 214
42, 314
51, 026
24, 359
47, 712
62, 969
23, 618
63, 335
60, 419
24, 135
61, 080
52, 493
-7.1 +0.9
+12.8 -21.9
+23.4 +20.0
110,700
126, 649
+14.4
37, 199
39, 186
103, 094
39, 527
37, 726
92, 915
40,413
39, 444
42, 121
117, 767
29, 346
62, 308
23, 518
28, 341
63, 082
23, 643
-2.4 +39.2
+4.1 -33.2
+23.9 +398. 1
155, 500
194, 932
+25.4
69, 105
21, 298
3,088
4,295
40, 475
95, 021
2,980
3,660
9,575
3,110
3,917
3,221
13, 144
11,318
4,075
9,859
10, 047
12, 574
10, 119
24, 519
19, 301
19, 053
21, 756
52, 622
35, 745
86, 978
66, 191
53, 370
28, 232
89, 180
6,484
8,257
23,003
3,067
23, 210
10, 370
423, 976
35, 859
9,792
2,594
24,044
84, 714
12, 415
551, 323
44, 553
10, 801
3,378
7,029
24, 474
15, 228
492, 467
54, 236
10, 010
6,701
4,061
16, 013
-2.9
-18.8
+14.2
+46.6
-32.5
+35.9
36, 924
51,583
7,601
13, 353
+39.7
46, 325
25, 683
41, 199
45, 345
30, 950
45, 176
-3.8 +13.2
-20.0 -27. 0
+29.0 +154. 6
241, 208
274, 295
+13.7
22, 589
115, 002
6,363
6, 656
25, 511
6,014
27, 622
34, 212
419, 510
52, 308
422, 221
43, 420
8,331
-9.5 +5.8
_
-2.1 -13.2 i
-0.9 +78.8 1
-2.7 +13. 5 2, 118, 777
215, 708
-4.5 +19.3
9,827
2,743
51,342
23, 967
15, 085
479, 275
51, 796
7,035
6,252
9,608
8,435
i 43, 358
13, 609
16,651
17, 238
251, 012
159, 104
91, 908
175, 045
78, 676
96, 369
312, 012
218, 963
93, 049
496, 120
269, 329
226, 791
86, 414
.306
.464
.069
.081
145
.312
.458
.069
.081
146
.312
.446
.068
.081
146
.335
.456
.071
.082
.374
,528
.077
.098
166
.357
.513
.076
.095
161
+7.4
+2.2
+4.4
+1.2
-6.2
-11.1
-6.6
-13.7
5,437
13, 930
31,223
55, 191
i 54, 577
13, 279
105, 528 +59.0 +370. 1
71, 376 +23.0 +277. 3
34, 152 +143. 7 ' +564. 1
7,322
6,003
45, 486
37, 276
4,614
34, 099
+14.1
-4.9
+58.7
+33.4
22, 581
35, 527
18, 984
30, 122
25, 898
31, 143
25, 323
+11.9
—15.9
+14.1
-25.0
90.1
60.4
81.2
5.39
86.4
62.6
79.7
5.54
87.3
61.6
76.5
5.39
84.0
65.8
82.9
5.49
80.2
65.0
75.0
5.73
+1.0
-1.6
-4.0
-2.7
+8.9
-5.2
+2.0
-5.9
1,799
48, 307
42, 860
7,011
49, 242
6,418
47, 853
52, 627
24, 872
43, 758
22, 120
33, 116
21, 193
31,749
86.4
56.2
89.4
5.34
86.2
58.1
89.1
5.64
700
852
1,718
1,518
721
883
1,398
1,074
1,052
1,022
1,846
1,793
1,484
1,493
241
1,538
1,527
234
1,587
1,611
253
1,191
1,454
203
1,283
1,729
215
2 1, 223
2 1, 533
321
262, 252
dozen garments
dozen garments _ _ 227, 932
dozen garments.. 346, 309
283, 471
253, 759
407, 229
330, 218
284, 252
372, 765
292, 505
259, 847
380, 347
272, 273
229, 772
358, 142
251, 747
235, 792
328, 605
3,709
3,535
3,473
6,503
3,215
thous. of Ibs
15,045
-7.5
-10.2
-2.9
561, 430
180, 233
381, 197
2, 388, 525
226, 278
i 41, 852
+12.7
+4.9
-3.5
i 61, 856
+13.3
1, 319, 012 +134. 9
737, 538 +309. 2
581, 474 +52.5
29, 411
199, 399
34, 396
233, 748
+16.9
+17.2
4,101
6,587
+60.6
i 6, 224
i 7, 014
i 945
i 6, 085
1931
15,800
-6.8
-13.2
-1.5
111, 038, 697 11,168,446
i 917, 124 11,025,790
+12.5
+11.8
+18. 5 +103. 7
Clothing
Men's and boys' garments
Suits
Separate trousers
Overcoats
Work clothing:
Cut
Net shipments
Stocks, end of month
cut:
thous of garments
thous. of garments
thous. of garments. .
Hosiery
Production
thous . of dozen pairs _ .
Net shipments
thous of dozen pairs
Stocks, end of month
thous. of dozen pairs. .
New orders
thous. of dozen pairs
Unfilled orders, end of mo-thous. of dozen pairs. .
3,681
3,175
7,301
3,668
5,513
3,640
3,412
7,567
3,701
5,668
2
4, 159
2 4, 251
2 7, 342
2 4, 225
2 5, 530
3,618
7,758
3,963
5,807
3,517
6,384
3,266
!
i 14, 736
114,115
i 15, 189
1 14, 456
+3.1
+2.4
i 14, 613
i 15, 557
+6.5
4,865
5, 259
-6.3
-5.6
5,772
+16.6
6,128
3,252
6,213
Knit Underwear
912
Production
thous . of dozens
959
1,198
1,108
819
Net shipments
thous. of dozens. _
911
1,164
1,013
1,157
Stocks, end of month
thous of dozens
1,213
1,298
1,395
1,357
1,232
New orders
. -thous. of dozens
1,282
949
2
2,091
Unfilled orders, end of mo
thous. of dozens..
2.408
2.615
2. 566
* See table on p, 22 of the June, 1927, issue for earlie rdata.
t See table on p. 25 of the March, 1927, issue for earlier data.
1,082
958
1,527
952
2.546
1, 174
971
1,258
774
2.498
5,615
-2.3 +3.7
5,154
-5.4 +14.3
+9.5 +10.7
4,952
+0.3 +32.2
2,354
+0.8 +8.2
i Cumulative through April 30,
* Revised.
1,043
838
1,379
720
25
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey ff
January
Feb-
ruary
PER CENT INCREASE (+) OR
DECREASE (— )
1926
1927
March
April
April
May
50, 271
43, 437
62, 760
30, 569
68, 815
34, 257
38, 339
18, 919
3,559
2,752
2, 995
3,854
2,930
2,768
2,517
2,127
1,687
2,775
2,096
2,058
May
May,
1927,
from
May,
1927,
from
May,
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
Per ct.
incfease
(+)
or decrease
(-)
cumulative
1927
from
1926
1926
1927
+24.8 +63.7
-29.6 +61.6
282, 549
153, 827
249, 978
153, 745
-11.5
-0.1
+8.3 +38.9
+6.5 +39.8
-7.6 +34.5
12, 807
10,434
18, 292
13, 707
+42.8
+31.4
67, 823
92, 619
+36.6
Apr.,
1927
TEXTILES— Continued
Burlaps and Fibers
Imports:
Burlaps
thous of Ibs
Fibers (unmanufactured)
long tons
49, 797
29, 892
47, 320
20, 751
39, 830
29,096
3, 206
2,168
2, 486
3,398
2,431
3,410
4,275
3,426
2,781
13,400
20, 239
23,885
17, 544
17, 551
16, 292
13, 198
0.0
+33.0
38.4
10,300
48.3
10, 134
49.8
9,928
51.3
9,900
51.5
9,830
51.9
12, 133
249.5
2 12, 197
+0.4
07
+4.0
-19.4
Manganese ore, imports. --thous. of long tons..
16
Iron ore:
Imports . thous. of long tons
233
Shipment from mines, thous. of long tons
ReceiptsLake Erie ports and
furnaces
thous of long tons
Other ports
thous. of long tons
Consumption
thous 01 long tons
4,524
Stocks, end of monthTotal
_ thous. of long tons
33, 971
At furnaces
thous. of long tons
27, 279
On Lake Erie docks thous. of long tons
6,692
Pig-iron production:
Total, United States.. _thous. of longtons__
3,104
Merchant furnaces
thous. of long tons__
760
Canada
_
thous. of long tons
52
Furnaces in blast, end of month:
Furnaces
_
number
208
Capacity
.long tons per day, _ 100, 635
Per cent of total
per cent
57.0
Ohio gray-iron foundries:
MeltingsActual
long tons
13,613
Normal .
long tons
18, 934
Ratio to normal per cent of normal..
71.3
Stocks, end of month__per cent of normal _
91
Receipts
__
per cent of normal
62
Malleable castings:
Production
short tons
47, 454
Operating activity
per ct. of capacity. _
47.7
Shipments
short tons
44, 717
New orders
__
__short tons._ 46, 872
Wholesale prices:
Foundry, No. 2,
northern
__ _ .dolls, per long ton__
20.26
Basic (valley furnace).. dolls, per long ton__
18.00
Composite pig iron
dolls, per long ton _
20.16
24
23
30
18
55
22
-40.0
-18.2
169
111
239 -22.5
6, 114 +396. 9
-22.2
+26.8
980
1,049
+7.0
3,338 +577. 9
1,477 +590. 8
5,194
-0.1
+48.9
+47.8
-3.5
24, 978
23, 821
-4.6
16,612
3,715
301
16,341
3,808
335
-1.6
+2.5
+11.3
-2.4
-9.1
Pyroxylin Coated Textiles
Pyroxylin spread
_
.thous. of lbs__
Shipments billed
thous, of linear yards. .
Unfilled orders, end of mo_ thous. of linear yards. _
2
Fur
Sales by dealers
thous. of dollars
Buttons
Fresh-water pearl buttons:
Production
per ct of capacity
Stocks, end of month . .thous. of gross.
IRON AND STEEL
Iron
-34.3
240
1,560
186
7,752
195
10
5,031
733
316
5,019
4,969
2,183
5,013
5,192
29, 809
23, 746
6,063
24, 809
19, 569
5,240
20, 753
16, 050
4,703
22, 971
18, 215
4,756
17, 708
13, 133
4,575
17, 387
13, 063
4,324
2,941
684
51
3,483
808
76
3,422
784
77
3,391
772
79
3,450
773
68
3,481
794
73
-0.9
-1.5
+2.6
-2.6
-2.8
+8.2
217
106, 135
59.5
223
113, 435
61.3
220
112, 955
60.4
211
107,445
58.3
237
115, 150
63.5
228
110,600
61.5
-4.1
-4.9
-3.5
-7.5
-2.9
-5.2
13, 101
15, 478
84.6
105
74
20,389
21, 087
96.6
96
84
19, 189
21, 159
90.6
99
79
20, 117
23,241
86.5
111
86
16,908
19, 660
86.0
100
72
17, 518
22, 976
76.2
95
69
+4.8 +14.8
+9.8 +1.2
-4.5 +13.5
+12.1 +16.8
+8.9 +24.6
88,508
109, 948
86,409
99, 899
58, 882
60.3
50,264
54, 237
61, 945
61.5
60, 363
50, 056
55,318
55.3
56, 595
53,002
53, 698
53.4
53,501
46, 119
62, 812
60.3
62, 333
49, 599
55, 803
54.3
54,908
45, 376
-2.9
-3.4
-5.5
-13.0
38
-1.7
2 (5
+1.6
324,080
277, 297
-14.4
295, 362
265, 240
265, 440
250, 286
-10.1
-5.6
20.26
18.00
19.73
20.26
18.40
19.79
20.26
19.00
20.04
20.26
18.20
19.89
20.76
18.63
21.53
20.64
18.38
21.15
0.0
-4.2
-0.7
-1.8
-1.0
-6.0
20, 202
16, 130
15, 276
89, 880
27, 669
15,864
19,404
101, 393
23,719
19, 352
17,627
106, 225
24,380
17, 340
19, 974
102, 248
20, 660
18, 881
20, 056
104, 917
1
1
1
88, 256
57, 643
67, 389
i1 88, 754
64, 038
1
62, 911
+0.6
+11.1
-6.6
21,331
13, 527
12,473
89, 855
25,437
13, 132
16,085
101, 042
20,442
16,164
15, 610
105,300
22,012
15,012
18,022
108, 944
20, 933
19, 181
20, 538
110, 533
i 82, 559
i 53, 860
i 65, 013
i 87, 868
i 55, 928
155,064
+6.4
+3.8
-15.3
14, 842
9,770
7,393
17, 261
8,965
11, 588
15,326
10, 594
10, 873
16, 366
10, 592
14, 210
14, 113
14, 355
16,489
i 62, 808
i 39, 176
i 54, 766
i 61, 655
i 38, 863
139,094
-1.8
-0.8
-28.6
40, 452
48, 714
53,598
50, 897
50, 853
20,420
20,308
-0.5
351
428
+21.9
193
197
4,234
2
+10.7 +32.1
+13.5 +39.4
+1.1 +10.0
Cast-Iron Boilers and Radiators
Round boilers:
Production
___ thous. of Ibs _ 17, 164
Shipments
_ _ _ thous. of Ibs
12, 692
New orders
thous. of Ibs _ 10,604
Stocks, end of month
thous. of Ibs.
82, 765
Square boilers:
Production
„_ thous. of Ibs _ 20, 658
Shipments
thous. of lbs__ 13, 105
New orders..
thous. of Ibs
10,896
Stocks, end of month
thous. of lbs__ 81,849
Radiators:
Production. .thous. sq. ft. heating surface.. 14, 226
Shipments.__thous. sq. ft. heating surface - 9,534
New orders. .thous. sq. ft. heating surface9,240
Stocks, end of
month. __ thous. sq. ft. heating surface
34, 464
Crude Steel
Steel ingots, production:
United States, total thous. of long tons.4,535
3,786
3,811
Ratio to capacity
per cent
2102
289
297
Canada
_ _ _ thous. of long tons
107
59
56
U. S. Steel Corporation:
Unfilled orders,
end of month
thous. of long tons—
3,800
3,597
3,553
»0uinulative tlirougn Ap r.30.
4,130
297
109
4,046
95
97
4,106
298
80
2 3, 928
294
90
-2.0
-2.1
-11.0
+3.0
+1.1
+7.8
3,456
3,051
3,868
3,649
-11.7
-16.4
2 Revisedi
26
TREND OF BUSINESS MOVEMENTS—Continued
1927
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
PER CENT INCREASE (+) OR
DECREASE ( — )
1926
1 May,
January
February
March
May
April
April
May
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
-9.8
-10.3
-12.7
-7.8
-15.1
-15.3
-19.9
-12.1
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
Per ct.
increase
(
~y
or decrease
(-)
cumulative
1927
from
1926
1926
1937*
-16.5
-17.6
-24. 5
-10.5
503, 144
439, 424
-12.7
210, 519
292, 625
173, 752
265, 672
-17.5
-9.2
-17.8
-18.0
-20.8
-15.9
482, 493
420, 610
-12.8
198, 148
284, 345
175, 741
244, 869
-11.3
-13.9
-2.1 + 16.9
- 4. 3 + 17.1
1, 506, 680
1, 523, 827
+1.1
1, 500, 192
1, 190, 266
1, 442, 484
1, 354, 510
-3.8
+13.8
2, 798, 177
2, 796, 969
0.0
IRON AND STEEL-Continued
Crude Steel—Continued
Steel castings:*
Production—
81,671
Total
short tons
90, 498
84, 616
85, 383
97, 256
108, 203
97, 868
68
Ratio to capacity
per cent..
64
64
61
73
82
74
32, 982
Railroad specialties
short tons
38, 784
36, 693
32, 043
42, 425
33, 250
41, 961
66, 242
Miscellaneous
short tons _
52, 133
58, 472
53, 805
49, 628
55, 443
51, 634
New orders78, 282
Total
short tons.. 101, 708
82, 488
91, 707
66, 425
80, 800
88, 990
Ratio to capacity
per cent . _
69
62
59
50
76
67
61
Railroad specialties
short tons
31,004
48, 717
39, 792
31, 380
24, 848
26, 715
31, 388
52, 991
41, 577
Miscellaneous
short tons_.
51,915
51, 108
47, 278
62, 275
49, 412
Sheets, blue, black, galvanized, and full finished.
ProductionTotal
short tons
309, 360
282, 171
359, 340
316, 100
294, 811
256, 856
264, 541
Ratio to capacity _ _
percent
103.1
98.7
84.3
83.5
97. 4
108.8
91.0
Stocks, end of month —
Total
.
short tons. - 161, 661
160, 357
169, 977
173, 986
157, 614
184, 289
178, 539
44, 974
45, 670
Unsold
"_
short tons
46, 827
46, 901
62, 604
58, 503
47, 168
239, 019
302, 759
Shipments
short tons
261,412
300, 858
338, 436
288, 759
267, 299
New orders
short tons.. 261, 357
241, 951
292, 965
212, 337
345, 900
249, 866
201, 743
Unfilled orders, end of month. .short tons_- 526, 550
491, 290
439, 067
472, 448
510, 924
513, 002
418, 582
Steel barrels:
Production
.
barrels
529, 137
602, 058
504, 134
575, 850
599, 771
588, 077
581, 962
53.8
Ratio to capacity
.
_ _ _ _ per cent _
52.2
48.1
46.2
51.7
53.4
51.3
Shipments
barrels
525, 518
575, 712
503, 183
568, 821
609, 090
582, 352
608, 056
Stocks, end of month
_ _ . .barrels51, 409
59, 389
62, 435
52, 360
50, 070
44, 411
44, 021
Unfilled orders, end of month _ ..barrels _ 1, 788, 194 1, 663, 772 1, 545, 980 1, 365, 555 1, 197, 894 1, 279, 159 1, 209, 815
Wholesale prices:
Steel billets, Bessemer.. dolls, per long ton__
35. 00
33.00
34.00
33. 25
33.00
35.00
35.00
Iron and steel _.
dolls, per long ton _
36.82
36.68
37.76
37.01
36.76
38.60
38. 25
2.62
2.54
Composite steel
dolls, per i001bs__
2.55
2.55
2,64
2.56
2.61
Structural steel beams ._ -dolls, per 100 lbs_.
1.90
2.00
1.90
1.90
1.95
1.95
1.95
Steel sheets, Youngstown
district
dolls, per 1001bs_.
3.10
3.00
3.25
+2. 4
-2.6
+0.6
-27. 5
-10.6
-2.6
-21.9
+ 13.3
+5.3
+4.9
-1.9
-3.0
-5.5
+24. 7
-12.3
+1.1
+1.8
-1.1
+41.8
-1.0
-0.8
-0.2
-0.4
0.0
-5.7
-4. 1
-•2.7
-2.6
2~ 800," 256" ~2~782,"324~ ~~-6.~ 6
-3.2
Steel Products
Structural steel, fabricated:
New orders (prorated)
_ _ -short tons.
Ratio to capacity
per cent. _
Shipments (prorated)
short tons
Ratio to capacity.
per cent..
Steel, plate fabricated, new orders:
Total
short tons
Ratio to capacity
per cent..
Oil-storage tanks
.short tons. _
Iron and steel:
Exports
long tons
Imports
.long tons
Steel furniture:
Business group —
Shipments
thous of dolls
New orders
thous of dolls
Unfilled orders, end mo_thous. of dolls, _
ShelvingShipments
thous. of dolls _ _
New orders
thous. of dolls. _
Unfilled orders, end mo.thous. of dolls..
Steel boilers, new orders:
StationaryTotal
_
number. _
Area
thous. of sq. ft _
MarineTotal
. .. -._ number .
Area..thous. of sq. f t _ .
2
206,700
65
213, 060
67
222, 600
70
244, 860
77
235, 320
74
238, 500
75
-13.3
-13.3
+1.5
+ 1.5
-12.2
-12.2
-10.7
-10.7
1, 036, 680
1, 046, 220
+0.9
1, 125, 720
982, 620
-12.7
52, 819
71
24, 127
44, 581
60
18, 019
32, 394
43
7,645
36, 133
48
6,390
49, 971
65
16, 243
-27.3
-28.3
-57.6
-35.2
-33.8
-52.9
190, 893
220, 922
+ 15.7
53, 826
97, 110
+80.4
166, 128
31,908
171, 094
47, 312
192, 339
42, 550
202, 708
55, 836
194, 449
98, 442
173, 418
92, 201
+5.4
+31.2
+16. 9
-39.4
869, 077
438, 970
947, 504
219, 825
+9.0
-49.9
2, 731
2,887
1,728
2,686
2, 771
1,804
3,081
3,022
1,744
2,850
2,751
1,646
2,429
2,381
1,598
2,782
2,937
1,784
2,576
2,464
1,589
-14.8
-13.4
-2.9
-5.7
-3.4
+0.6
13, 660
13, 815
13, 776
13,812
+0.8
0.0
556
576
623
608
658
675
691
690
679
678
622
627
585
686
731
699
699
571
617
578
587
-13.7
+ 10.3
+16.6
-5.2
+ 18.7
+24.5
3,225
3,096
3,118
3,232
-3.3
+4.4
1, 538
1, 484
1,400
1,342
—9.0
—9 6
13
23
13
17
9
3
—30 8
-82.4
508,531
603, 735
995, 075
478, 273
601, 808
838, 752
493, 801
503, 747
705, 909
434, 626
402, 494
506,214
425, 638
415,082
524,382
+3.2
-16.3
-15.8
+16.0
+21.4
+34.6
2, 230, 209
2, 210, 612
2, 824, 858
2, 567, 218
+26.7
+16.1
115
49, 694
77
26, 249
97
43, 601
145
70, 055
129
48, 482
+26.0
+66.1
-24.8
-10.1
561
240, 903
463
201, 411
-17. 5
-16.4
152
158
226
126
138
216
127
135
198
134
162
247
112
150
214
+0.8
-2.2
-8.3
+13.4
-10.0
-7.5
81, 522
64, 961
94, 725
78, 993
92, 582
74, 522
89, 150
72, 865
i 331, 331
i 265, 447
318, 024
261, 783
-4.0
-1.4
963
790
757
5,731
42,532
812
838
662
26,380
47, 430
716
715
915
5,915
42,984
677
674
824
7,004
38, 570
i 3, 053
1
2, 986
i 3, 081
i 2, 790
+0.9
-6.6
29, 473
+1.9
-8.1
219, 420
69
181, 260
57
34, 068
46
14, 336
57, 060
76
32, 983
215, 235
42, 219
2
2
2
238,2500
75
209, 880
66
171, 720
54
174, 900
55
1, 004
1, 160
17
19
2
2
209, 880
2
66
203,2520
64
2
2
1, 087
1,363
14
27
1,400
1, 469
2
2
Machinery
Foundry equipment:
New orders.
dollars _ 659, 417
684, 836
Shipments
dollars.. 373, 229
484, 699
Unfilled orders, end of month
dollars.. 945, 505 1, 086, 310
Stokers, mechanical:
Shipments
number
69
105
Shipments
_
.horsepower. _ 40, 467
41,400
Machine tools:
New orders
index number. _
123
143
Shipments
index number..
138
155
Unfilled orders, end of mo._index number. _
248
234
Washing machines, shipments:
Total
._
_
_ .number. _
67. 214
74, 563
Electric
__number__
55, 319
62, 510
Water softeners:
New orders
units..
704
602
Shipments
units
581
581
Stocks, end of month
units..
637
572
Water systems, shipments
units.
4,886
4,975
Pumps, pitcher, hand, etc., shipments.. units.. 45,283 246,921
1
Cumulative through Apr. S
1
Revised.
+17.6
+7.1
28,912
-20.8 i -2.6
239, 196
*See table on p. 23 of the March, 1927, issue for earlier data.
7,501
37, 562
1
1
219,728
27
TREND OF BUSINESS MOVEMENTS—Continued
1927
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
February
January
PER CENT INCREASE (-J-) OR
DECREASE ( — )
1926
April
March
May
April
May
May,
1927,
from
Apr.,
1927
Per ct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
May,
1927,
from
May,
1926
1926
1927
IRON AND STEEL— Continued
Machinery— Continued
Steam, power, and centrifugal pumps:
1,634
New orders
thous. of dolls..
Shipments
thous. of dolls
1,112
Unfilled orders, end mo
thous. of dolls..
3,499
Agricultural machinery and equipment:*
Shipments103.7
Total
index number. _
Domestic
index number
105.6
Foreign
- .index number . . 93.5
136.9
Production
^index number
Electric industrial trucks and tractors:
Shipments, domestic—
Tractors
number of vehicles _
6
All other types
number of vehicles. _
67
Exports
.number of vehicles. _
17
Fire-extinguishing equipment, shipments:
Motor vehicles
number
88
Hand types
number-. 46, 279
1,390
1,486
3,384
1,800
1,482
3,686
1,405
1,565
3,525
1,497
1,511
3,482
1,669
1,460
3,385
1,730
1,603
3,546
+6.5
-3.5
-1.2
-13.5
-5.7
-1.8
140.4
133. 5
176.2
138.6
187.4
185.1
199.8
136.0
152.3
154.8
139.2
145.9
150.2
154.7
123.0
138.0
146.3
147.5
140.3
146.4
154.1
155.9
144.4
145.4
-1.4
-0.1
-11.6
-5.4
-2.5
-0.8
-14.8
-5.1
11
120
7
10
96
10
12
89
4
19
77
10
17
90
4
12 +58.3
87
-13.5
9 +150. 0
+58. 3
-11. 5
+11.1
76
487
30
58
449
48
93 7
-7.8
+.CO. 0
87
46, 539
123
48, 955
2
117
46, 965
114
54, 928
121
52, 874
111
61, 526
-2.6
+17.0
+2.7
-10.7
510
268, 782
529
243, 606
+3. 7
-9. 3
3,148
48
55
4, 067
53
79
3,554
50
124
4,524
86
65
4,639
46
55
3, 625
53
40
+27. 3
+72.0
-47.6
+24.8
+62.3
+62.5
18, 472
289
252
18, 322
279
387
-0.8
+3.5
+53.6
373, 966
353, 076
20, 890
374, 259
352, 268
21,991
401, 836
383, 907
17, 929
394, 569
373, 140
21, 429
+0.1
-0.2
+5. 3
-5.1
-5.6
+2.6
1, 814, 737
1, 730, 848
83, 889
1, 593, 199
1, 504, 658
88, 541
-12.2
13 1
+5.5
48, 699
45, 165
3, 534
22 48, 274
44, 553
3,721
47, 890
44, 173
3,717
50, 189
46, 616
3,573
47, 576
44, 071
3,505
-0.8
-0.9
-0.1
+0.7
+0.2
+6.0
213, 895
194, 657
19, 238
227, 686
209, 254
18, 432
+6. 4
+7.5
-4.2
31, 524
21, 355
10, 169
39, 527
29, 985
9,542
46, 703
34, 840
11, 863
49, 052
38, 542
10, 510
31, 189
23, 152
8,037
28, 482 1 +5.0
22, 120 ! +10.6
6,362
11 4
+72.2
+74.2
+65.2
142, 167
111,076
31, 091
196, 641
146, 844
49, 797
+38. 3
+32. 2
+60.2
5,308
3,597
1,711
13, 392
9,072
6,512
2,560
18, 870
4,075
2,930
1,145
5,588
3,901
1, 687
4,101
2, 661
1,440
19, 777
5,594
3,977
1,617
11,391
-0.1
-1.9
+4.3
34, 150
24, 367
9,783
31, 509
22, 236
9,273
-7.7
-8.7
-5.2
149, 437
214, 678
181, 170
322, 051
175, 755
124, 426
102, 025
161,910
146, 275
169, 067
180, 106
173, 182
171, 364
122, 742
136, 643
120, 979 !
141, 651
158
100
93
155
8,611
1,753
195
120
135
210
10, 957
2,072
185
117
156
223
11, 176
2,060
184
123
131
192
10, 480
2,169
160
141
176
208
9,608
2,286
179, 920
6,524
33, 507
37, 294
101, 957
638
259, 499
12, 086
56, 383
56, 599
133, 694
737
327, 599
16, 136
73, 850
75,312
161, 469
832
7, 666
6, 939
7, 726
7, 156
+0.8
+3.1
i
;
|
2
PATENTS ISSUED
Total all classes
Agricultural implements
Internal-combustion engines
number
.number _
number
3,029
42
64
AUTOMOBILES
Production:
Passenger cars —
Total
number of cars. . 22 208, 734
United Statesf
number of cars.. 196, 989
Canada
number of cars.. 11, 745
TrucksTotal
number of cars
40, 873
United Statesf
number of cars
37, 242
Canada
number of cars
3,631
Exports:
Assembled—
Total
number of cars
29, 835
Passenger cars
number of cars.. 22, 122
Trucks
number of cars__
7,713
From CanadaTotal
number of cars..
7,466
Passenger cars
- number of cars.
5,296
Trucks
number of cars. _
2,170
Foreign assemblies
number of cars
14, 110
Sales, passenger cars and motor
cycles
thous. of dolls
85, 667
Shipments (General Motors Co.) :
To dealers
number of cars
99, 367
To users
.number of cars
81, 010
Accessories and parts:
ShipmentsOriginal equipment
-index nos_
132
Replacement parts
.index nos__
107
Accessories
index nos
79
Service parts
index nos _
140
Exports
thous. of dolls
5,134
Rim production!
thous. of rims
1,498
New passenger-car registrations:
Total
number of cars.. 174, 638
Highest price group
number of cars..
6,291
Second highest group
number of cars
33, 509
Third highest group
number of cars_. 34, 249
Lowest price group
number of cars.. 99, 662
Miscellaneous
number of cars
927
2
2
275, 470
260, 644
14, 826
2
2
41, 950
38, 121
3,829
2
2
360, 770
341, 681
19, 089
2
2
2
2
+37.1
+33.1
-47.3
1
1, 004, 188
1
630, 952
-37.2
+2.4
-4.9
+43.2
+21. 0
524, 707
503, 014
727, 952
680, 780
+38. 7
+35. 3
145
-0.5
177
+5.1
183 -16.0
175 -13.9
7,685 i -6. 2
2,179
+5.3
+26. 9
-30.5
-28.4
+9.7
+36.4
-0.5
43, 451
11,084
46, 358
9, 552
+6.7
-13.8
388, 024
22 17, 768
81, 882
2 79, 585
206,
045
2
2, 744
396, 504
16, 349
76, 527
88, 455
213, 151
2,022
1
1,1016, 253
39, 826
1
201, 454
1
201,
348
1
567,
465
1
6, 160
1
941, 656
i 41,037
197, 249
203, 454
i 496,
782
1
3, 134
-7.3
+3.0
2 1
+1.0
-12. 5
-49.1
1
1
NONFEEROUS METALS
Copper
Production:
Mines
short tons
76, 198
Smelter
short tons . 89, 719
Refined (North and South
America).. . __
__*. .short tons _ 133, 110
World production, blister
short tons
143,337
Domestic shipments, refined
short tons
76, 499
Exports
short tons
43, 879
Stocks (North and South America) :
Refined
short tons
93, 982
Blister
short tons 2276,316
Wholesale price, electrolytic
dolls, per lb_.
.1299
2
69, 202
80, 065
2
2
2
69,314
80, 965
2
2
71, 122
80, 940
71, 749
82, 132
73, 454
85, 951
73, 542
85, 025
+0.9
+1.5
-2.4
-3.4
361, 881
405, 901
357, 585
413, 821
-1.2
+2.0
576, 510
664, 106
375, 035
184, 587
634, 135
687, 299
367, 355
211,671
+10. 0
+3. 5
-2.0
+14.7
1, 223, 811
1, 160, 203
1, 259, 053
1, 087, 465
+2.9
—6.3
2
2
122, 673 2 126, 975
132, 870 2136,347
67, 564 2 79, 537
37, 184
45, 308
125, 796
135, 729
2 73, 976
46, 908
125, 581
139, 016
69, 779
38, 394
116,302
136, 938
75, 030
44, 926
113,898
136, 468
73, 197
36, 263
-0.2
+2.4
-5.7
18 2
+10.3
+1.9
-4.7
+5.9
2
2
105, 401 2 103, 072 2 99, 256
272, 757 2 263, 793 2 249, 834
.1268
.1308
.1281
108, 079
250, 755
.1262
72, 644
264, 721
.1371
69, 369
274, 943
.1360
+8.9
+0.4
-1.5
+55.8
88
-7.2
231, 868
222, 555
105. 09
192, 666
187,261
109. 19
184, 501
211,223
108. 74
+25.8
+12.7
-0.2
+25.7
+5.4
-3.4
Copper Products
Plumbing fixtures:
New orders, tubular—
Quantity
number
371, 125
232,435 239,248
Value
dollars.. 248,094 208, 569 210,702
Wholesale price, 6 pieces
dollars.. 105. 91
105. 16
.105. 17
i Cumulative through April 30.
* Revised.
*See table on p. 22 of the June, 1927, issue for earlier data.
184, 377
197, 645
105.29
fSee table on p. 24 of the March, 1927, issue for earlier data.
JSee table on p. 23 of the April, 1927, issue for earlier data.
28
TREND OF BUSINESS MOVEMENTS—Continued
1927
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
January
February
PEE CENT INCREASE (+) OE
DECEEASE (— )
1926
March
April
May
May
April
May,
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
CUMULATIVE TOTAL
FEOM JANUAEY 1
THEOUGH MAY 31
1926
1927
Per ct.
increase
<+>
or decrease
(-)
cumulative
1927
from
1926
NONFERROUS METALS— Continued
Tin
Deliveries (consumption)
long tons
Stocks, end of month:
World visible supply
long tons
United States
- - -- long tons
Imports
long tons
Wholesale price pig tin
dolls, per lb_.
6,295
5,965
6,545
6,720
6,070
7,105
5,685
-9.7
+6.8
33, 215
31,595
-4.9
15, 342
3,304
7,966
.6479
14, 221
2,484
4,704
.6653
15, 441
1,709
5,946
.6783
13, 849
1,704
6,228
.6607
14, 655
1,604
6,029
.6394
15, 516
1,354
5,912
.6196
18, 045
1,739
6,160
.6017
+5.8
-5.9
-3.2
-3.2
-18.8
-7.8
-2.1
+6.3
32,303
30, 873
-4.4
88, 908
56, 898
29, 912
85, 836
51,341
32, 938
83,208
56, 546
36, 279
81, 096
51, 626
41, 208
78, 057
51, 296
42, 046
89, 333
53,334
25, 990
86, 279
53, 703
29, 934
-3.7 -9.5
-0.6
-4.5
+2.0 +40.5
271, 074
267, 707
-1.2
69, 853
25, 515
.0666
46, 603
29, 202
.0667
69, 125
18, 538
.0669
71, 077
21, 536
.0634
44, 222
27, 984
.0608
64, 722
22, 995
.0700
68, 718
29, 757
.0682
-37.8 -35.6
+29.9 -6.0
-4.1 -10.9
358, 913
300,880
59, 383
54, 151
61, 128
60, 193
57, 651
55, 347
59, 134
-4.2
-2.5
293, 053
292, 506
-0.2
10, 812
64, 768
56, 345
134,682
.0758
7,448
61, 305
51, 722
139, 824
.0742
10, 164
66,358
58, 364
145, 766
.0758
12, 602
2
76, 452
60, 134
160, 437
.0713
7,581
63, 518
10, 765
60, 051
2
57, 178
120, 817
.0775
-39.8
-16.9
-29.6
+5.8
53, 694
323, 112
i 227, 545
48, 607
332, 401
i 226, 565
-9.5
+2.9
-0.4
.0662
8,435
75, 563
56, 701
117, 563
.0797
-7.2
-14.6
thous. of Ibs
thous. of Ibs. _
thous. of Ibs
4,976
1,220
3,756
4,575
1,066
3,509
5,158
1,208
3,950
4,169
950
3,219
4,620
971
3,649
5,229
1,412
3,817
4,797
1, 157
3,640
+10.8
+2.2
+13.4
-3.7
-16.1
+0.2
26, 180
6,293
19,886
23,498
5,415
18, 083
-10.2
-14.0
-9.1
short tons
short tons _
1,414
2, 725
1,147
2,387
1,380
2,378
1,075
2,208
418
3,718
973
3,712
11,700
1 5, 016 +195. 1
short tons
.short tons .
913
1,983
810
2,251
1,030
2,230
925
2,059
377
5,462
140
4,768
1
1, 917
l 3, 678
+91.9
131, 006
141, 817
138, 788
165, 707
202, 393
182, 692
183, 812
198, 711
91, 707
109, 228
95, 929
103, 455
i1 498, 799
500, 649
i 655, 999
i 688, 927
+31.5
+37.6
31, 019
32, 082
39, 018
36, 123
32, 942
30, 980
30, 423
33, 785
44, 434
48, 182
57, 568
49, 926
1
194, 795
l 196, 362
i 133, 402
i 132, 970
-31. 5
-32.3
83, 117
182, 363
86, 802
82, 810
189, 108
79, 810
98, 799
186, 642
104, 993
102, 986
256, 114
106, 720
88, 832
267, 550
85, 880
2
2
2
113, 983
256, 641
118, 642
99, 178
296, 158
104, 926
99, 613
311, 786
94, 215
2
2
2
117, 784
325, 102
123, 645
40, 465
130, 881
44, 262
45, 630
139, 952
43, 349
47, 343
117, 617
43, 104
118, 617
79
80
78
6,759
53.1
6,175
48.5
5,942
46.7
Band Instruments
Shipments:
407, 776
Total
dollars
Cup mouthpieces
..dollars.. 143, 893
240, 763
Saxophones
.. dollars
23, 120
Woodwind
dollars
* Cumulative through Apr. 30.
Zinc
Retorts in operation, end of month __ .number...
Production
short tons..
Stocks, end of month
__
short tons
Ore, Joplin district:
Shipments
_
short tons
Stocks mines end of month
short tons
Price slab, prime western
_ .dolls, per Ib
-16.2
Lead
Production
short tons..
Ore shipments:
Joplin district
short tons
Utah
- .short tons
Receipts of lead in U. S. ore
short tons.
Stocks U S and Mexico, end mo short tons
Price, pig, desilverized (New York) .dolls, per lb._
2
2
Babbitt Metal
Consumption:
Total apparent
Direct by producers
Sale to consumers
Arsenic
Crude:
Production
Stocks, end of month
Refined:
Production
Stocks, end of month
Galvanized Sheet Metal Ware
Pails and tubs:
Production
Shipments
Other:
Production
Shipments
-
dozens..
dozens
dozens
.dozens
Enameled Ware
Baths:
Shipments
number. _
Stocks end of month
number
New orders
number _
Lavatories:
Shipments
number
Stocks end of month
number
New orders
number
Sinks:
Shipments
number
Stocks end of month
number
New orders
number
Miscellaneous sanitary ware:
Shipments
.
number..
Stocks end of month
number
New orders
number
Unfilled orders, end of month:
Baths
number..
Small ware
number
Household ware:
Furnaces operating . _ .per cent of total
Porcelain flat ware:*
New orders—
Total
thous. of sq. ft
Ratio to capacity .
per cent
Shipments—
Total
thous of SQ, ft
Ratio to capacity
per cent
2
99, 993
175, 728
98, 762
104, 962
157, 955
109, 211
103, 624
177, 778
110, 476
116, 740
164, 614
124, 479
+5.0 -10.1
-10.1 -4.0
+10.6 -12.3
496, 060
469, 681
543, 533
479, 578
2
2
2
111, 526
255, 610
107, 253
109,486
244, 282
116, 177
116, 205
250, 143
120, 139
125, 241
249, 171
129, 327
-1.8 -12.6
-4.4 -2.0
+8.3 -10.2
582, 427
526, 813
-9.5
605, 893
534, 672
-11.8
2
2
2
114, 718
319, 837
115, 247
112, 790
304, 595
118, 168
117, 212
321, 073
119, 236
127, 153
307, 405
126, 732
-1.7 -11.3
-4.8 -0.9
+2.5 -6.8
579, 062
544, 083
-6.0
597, 228
556, 201
-6.9
2
47, 051
140, 573
a 43, 970
47, 281
144, 789
48, 338
52, 076
158, 229
51, 180
55, 022
160, 469
59, 786
+0.5
+3.0
+9.9
-14.1
-9.8
-19.1
260, 837
231, 180
-11.4
277, 068
231, 880
-16.3
2
46, 622
117, 959
96,048
198, 203
90,427
182, 931
+5.0
+14.2
-48.4
-35.5
81
86
81
7,484
58.8
5,764
45.3
5,591
45.6
5,947
48.5
122,689
l 26, 182
+15.4
5,993
47.1
7,567
59.4
6, 596
51.8
6,292
51.3
5,853
47.8
125,290
i 26, 097
+3.2
474, 302
160, 558
289, 347
24, 397
559, 663
193, 961
337, 206
28,496
429, 411
162, 103
246, 168
21, 140
-9.1 2,593,879 2,275,800
-14.4
931, 816
813, 949
-8.0 1,560,310 1, 341, 383
101, 753
120, 468
+27.3
issue fo]r earlier datel.
-12.3
-12.6
-14.0
+18.4
2
2
2
2
50, 753
133 431
51, 961
2
2
2
46, 109
115, 878
2
44, 405
103, 281
-5.3
-11.8
*
2 R evised.
-5.8
-5.3
-7.4
+10.3
*See ta ble on p. 2(> of the Ma rch, 1927
404, 648
153, 434
227, 899
23, 315
533, 732
198, 628
312, 130
22, 974
445, 256
179, 318
247, 624
18, 314
29
TREND OF BUSINESS MOVEMENTS—Continued
1937
The cumulative* shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
January
February
March
PEE, CENT INCREASE (+) OR
DECREASE (— )
1926
May,
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
Per ct.
increase
( }
or tdecrease
(-)
cumulative
1927
from
1926
April
May
284, 610
88, 755
148, 789
47, 066
301, 099
95, 259
169, 213
36, 627
270, 960
85, 503
141, 483
43, 974
1
1,177, 388 i 1,092, 550
i 381, 428 *1 377, 702
i1 620, 476 1 554, 661
160, 187
175, 484
-7.2
-1.0
-10.6
-8.7
510, 548
540, 814
556, 260
1
2,201, 818
1
-11.5
866, 869
821, 947
740, 232
793, 832
1
April
May
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
1926
1927
NONFEBROUS METALS— Continued
Electrical Equipment
Electrical porcelain, shipments:
Total..
dollars
319, 227
250, 859
237, 854
Standard..
dollars. . 93, 176
108, 688
87, 083
Special
dollars
122, 681
168, 148
115, 043
High tension
dollars
42, 391
35,002
35, 728
Laminated phenolic products,
shipments
dollars _ . 494, 566 439, 334 505, 213
Motors:
New orders
dollars
692, 583
731,426 1, 078, 639
Billings (shipments)
dollars. _ 766, Oil 671, 208 802, 572
Electric hoists:
New ordersQuantity
number
269
291
262
Value—
dollars- 134,006 148, 381 144, 305
Shipments
_dollars_ . 139, 522 127,459 139, 528
Electric overhead cranes:*
Shipments
thous of dolls
704
934
1,065
New orders
.
thous. of dolls
888
694
750
Unfilled orders, end mo thous. of dolls. . 3,971
3,042
3,352
Outlet boxes and covers, shipments
pieces.. 2,258,668 2,055,172 2, 093, 021
Vulcanized fiber:
Shipments—
Total
.
. ... thous. of dolls .
919
795
732
Holloware
thous. of dolls..
57
48
51
Consumption
thous. of Ibs
3,002
2,939
2,371
Industrial reflectors, sales
units . 146, 152 122, 359 135, 084
736, 082
737, 349
284
138, 829
138, 510
330
171, 192
124, 729
282
134, 109
128, 140
253
147, 447
185, 607
909
660
2,772
671
487
2,555
1,180
901
1,021
904
1, 609, 255 1,452,768
796
65
2,701
115, 111
1,949, 661
3, 728, 623 13,238,730
13,590,671 12,977,140
-13.1
-17.1
+16.2 +30.4
+23.3 +16.1
-9.9 -32.8
1,546
834, 769
884, 632
1,436
736, 713
669, 748
-7.1
-11.7
-24.3
-34.3
-46.1
4,921
4,803
4,283
3,480
-13.0
-27.5
i 3, 939
1202
* 11, 900
i 3, 242
i 221
i 11, 013
-17.7
+9.4
-7.5
-26.2
-26.2
—7 8
964
61
3,182
878
61
3,234
40, 079
996
1,094
39, 059
2 1, 137
1,517
+2.1
-9.4
225, 514
240, 000
+6.4
+8.7
-9.8
5,760
7,074
+22.8
-3.8
-24.0
FUELS
Coal and Coke
Bituminous:
ProductionUnited States
thous. of short tons..
Canada
thous. of short tons
Exports
thous. of long tons .
Consumption—
By vessels
. thous. of long tons .
By electric power
plants
thous. of short tons
By railroads. ..thous. of short tons..
By coke plantsUnited States.thous. of short tons..
Canada
thous. of short tons
PricesMine average (spot)
__ ._
dolls, per short ton
Wholesale, Kanawha, f. o. b.
Cincinnati ..dolls, per short ton..
Retail, Chicago
dolls, per short ton-Anthracite:
Production
thous. of short tons..
Exports
thous. of long tons .
PricesWholesale, chestnut,
New York
dolls, per long ton_.
Retail, chestnut,
New York
dolls, per short ton_.
Coke:
Production, U. S.~
Beehive
thous. of short tons
By-product ~- thous. of short tons. .
Production, Canada. -thous. of short tons..
Exports
thous. of long tons..
Price, furnace, Connellsville
dolls, per short ton_.
Petr oleum
56, 882
1,571
1,720
60, 147
1,401
1,376
2 34, 674
35, 393
1,258
1,368
376
312
322
345
3,804
9,186
3,336
8,074
23,487
8,647
3,290
6,557
251
6,124
226
6,977
256
6,557
253
2.30
2.11
2.06
2.12
1.99
3.89
3.64
3.64
3.64
3.64
9.85
9.64
9.31
8.89
8.98
6,561
220
5,852
185
6,098
156
7,131
201
8,002
305
11.49
11.48
10.61
10. 58
14.50
14.50
14.29
13.50
787
3,700
176
59
754
3,435
158
59
890
3,879
172
46
3.88
3.70
Crude petroleum:
Production
thous. of bbls _ 71,475
Stocks, end of monthTotal (comparable)
thous. of bbls.. 278,972
Tank farms and pipe
lines
.thous. of bbls . 243, 428
Refineries
thous. of bbls_. 35, 544
California—
Light
. thous. of bbls
31, 017
Heavy
thous. of bbls__ 87, 971
4,514
Imports
thous. of bbls..
Consumption (run to stills) .thous. of bbls__ 69, 948
Oil wells completed
number. . 1,385
Price, Kansas-Oklahoma dolls, per bbL.
1.750
Gasoline:
ProductionRaw (at refineries)
-thous. of bbls.. 27, 960
3,145
Natural gas (at plants).. thous. of bbls..
3,425
Exports
.-_
thous. of bbls..
Consumption
thous. of bbls.
17,888
Stocks, end of month
thous. of bbls.. 46, 058
Price, motor, New York
dolls, per gal-.210
Retail distribution, 21 States.thous. of gals. . 247, 579
i Cumulative through Apr. 30.
52,904
1,377
1,352
67, 874
332
401
437
3, 125
8,063
2 3, 082
7,844
6,723
232
6,742
242
-1.8
-1.6
-4.4
+2.9
1.92
1.93
-6.1
+3.1
3.39
3.39
0.0
+7.4
8.39
8.12
+1.0
+10.6
8,217
295
8,054
327
+12. 2
+51.7
-0.6
-6.7
10.58
11.48
11.48
0.0
-7. 8
13.54
14.54
14.50
0.3
-6.6
780
3,707
170
50
630
3,792
174
50
981
3,602
149
55
884
3,722
159
80
-19.2
+2.3
+2.4
0.0
28 7
+1.9
+9.4
-37.5
3.65
3.49
2.94
313
2.94
-15.8
0.0
75,304
59, 992
62, 556
6,442
249
+5.1 +21.9
2 72, 590
76, 264
285, 458
290, 110 2297,895
307, 016
286, 429 2 284, 357
+3.1
+8.0
247,749
37, 709
252, 678 2260,410
37, 432
37, 485
270, 518
36,498
252, 028
34,401
248, 550
2 35, 807
+3.9
-2.6
+8.8
+1.9
-7.9
+2.2
+12.2
+4.8
-16.6
+3.7
-27.0
+2.4
+1.2
+6.9
-16.0
-39.2
29,770
87, 640
4,181
63, 351
1,342
1.700
29, 568
87, 886
4,434
69, 082
1,417
1.335
29, 460
88, 383
4,063
66, 964
1,528
1.114
27,143
90, 289
4,557
70, 148
1,274
1.155
38, 634
85, 656
5,906
61, 786
1,417
1.800
2 37, 192
2 88, 184
4,502
2 65, 633
1,517
1.900
25, 024
2,933
3,475
18, 240
49, 714
.218
233, 504
27,886
3,271
3,117
22, 464
52,410
.205
259, 519
26, 577
3,171
3,424
23,371
52, 379
.194
310. 027
26, 787
3,219
4,366
26,379
48, 609
.190
24, 296
2,610
4,229
20,848
45, 767
.190
2 293. 072
2 25, 271
2,626
4,495
2 24, 213
242,916
.202
2
316. 246
> Revised.
+0.8 +6.0
+1.5 +22.6
+27.5 -2.9
+13.7
+9.8
-7.2 +13.3
-2.1 -5.9
-11.0
1,896
1,687
i 13, 624
* 13, 917
+2.2
35, 602
1,204
32, 657
1,235
-8.3
+2.6
27, 317
962
33, 644
1,067
+23. 2
+10.9
5,806
18, 405
782
372
3,841
18, 513
850
264
-33.8
+0.6
+8.7
-29.0
297, 457
363, 507
+22.2
26, 055
308, 346
6,532
21, 749
339, 493
6,946
-16.5
+10.1
+6.3
117, 902
12, 834
18, 290
97, 759
134, 234
15, 739
17, 807
108, 542
+13.9
+22.6
-2.6
+11.0
i 1.093. 130 1 1.050. 629
+1.1
*See table on p. 26 of the March, 1927, issue for earlier data.
30
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
January
February
PER CENT INCREASE (+) OR
DECREASE (— )
1926
1927
March
April
Ma
May
April
May,
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
Per ct.
increase
( }
or tdecrease
(-)
cumulative
1927
from
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
1926
1927
FUELS—Continued
Petroleum— Continued
Kerosene oil:
Production
thous. of bbls. .
Consumption
thous. of bbls. .
Stocks at refineries, end mo. -thous. of bbls. _
Price 150° water white
dolls, per gal
Retail distribution, 13 States. -thous. of gals..
Gas and fuel oils:
Production .
thous. of bbls.
C onsumption —
By vessels
thous of bbls
By electric power plants -thous. of bbls_ By railroads
thous of bbls
Stocks at refineries, end mo._thous. of bbls_.
Price, Okla., 24-26, refineries.dolls. per bbLLubricating oil:
^»
Production
thous. of bbls
Consumption
'
thous. of bbls
Stocks at refineries, end mo -thous. of bbls-_
Price, paraffin, 903 gravity. -dolls, per gal.Asphalt:
Production
thous of short tons
Stocks end of month thous of short tons
Coke:
Production
thous. of short tons
Stocks, end of month. _thous. of short tons-.
Wax:
Production
thous. of Ibs
Stocks end of month
thous of Ibs
2
5, 210
+1.2
2 3, 227 +14.8
7,378
-1.8
.125 1 -3.8
41,276
-10.5
-1.2
+16.1
-39.2
25, 631
16, 674
23, 639
15, 792
-7.8
-5.3
2 30, 380
+5.2
+10.3
145, 308
160, 853
+10.7
3,729
2
607
3,942
20, 858
1.335
+1.1
+14.0
18, 169
i 3, 113
1 15, 888
19, 847
1
2, 696
i 16, 103
+9.8
-13.0
+24.9
-30.7
+9.2
-13.4
+1.4
2,692
2,039
7,368
.240
22,863
2 1, 869
7, 656
.240
+0.4
+12.6
-2.0
0.0
-8.3
+3.2
+4.6
0.0
13, 297
9,014
12, 909
8,701
-2.9
-3.5
319
223
199
240
248
230
+16.4
+1.4
+28.6
-3.0
972
1,179
+21.3
88
329
76
216
80
2231
0.0
+3.1
+10.0
+42.4
375
455
+21.3
56, 135
149, 396
-5.4
-1.7
-17.6
+38.8
270, 542
250, 305
-7.5
+11.6
+28.1
+10.2
+.9
+25.0
+17.8
+24.8
+22. 5
-5.4
+65. 3
161, 959
15, 245
71, 215
39, 866
23, 166
155, 548
14, 985
70, 966
36, 948
23, 486
-4.0
-1.7
-.3
-7.3
+1.4
5,113
3,882
8,190
.094
30, 279
4,453
2,590
8,655
.088
29, 700
4,802
3,356
8,753
.083
33, 123
4,608
2,776
8,725
.079
4,663
3,188
8,568
.076
5,037
3,268
7,014
.098
36, 897
32, 936
30, 185
32. 377
31, 856
33, 499
29, 029
3,940
821
4,283
23, 195
1.255
3, 579
670
3,719
22, 099
1.250
3,874
639
4,181
22, 561
1.219
4,204
566
3,920
23, 732
1.063
4,250
26, 059
.925
4,060
639
3,882
19, 788
1.381
2,570
1,496
7,867
.240
2,345
1,231
8,361
.244
2,754
2,334
8,035
.240
2, 615
1,712
8,176
.240
2,625
1,928
8,011
.240
191
215
173
234
222
235
274
220
93
287
88
295
98
326
88
339
2
2
54, 114
192, 835
47, 363
198, 452
53, 644
201, 340
48, 917
211,019
46, 267
207, 329
55, 371
136, 084
26, 110
2,296
12, 357
5, 791
3,763
24, 553
2,963
10, 534
6,055
3,763
34, 546
3,319
16, 228
8,640
4,454
33, 234
2,809
15, 148
8,195
5,113
37, 105
3,598
16, 699
8,267
6,393
33, 608
3,702
14, 591
8,022
5,148
31, 497
2,883
13, 629
8,742
3,867
260, 214
210, 528
32, 368
17, 318
244, 323
195, 481
31, 897
16, 945
234, 094
186, 430
31, 435
36,229
220, 679
170, 732
31, 638
18, 309
280, 782
231, 719
33, 121
15, 942
281, 354
232, 645
33, 603
15, 106
.155
.169
.145
.158
.140
.152
.152
.160
.168
.177
.114
.165
.129
.168
+10.5
+10.6
+30.2
+5.4
69, 456
255, 469
29, 923
60, 098
219, 752
20, 791
81, 890
233, 925
20, 396
98, 759
209, 671
17, 005
114, 484
212, 835
13, 790
90,630
203, 892
15, 036
100, 093
203, 458
11, 391
+15.9
+1.5
-18.9
+14.4
+4.6
+21.1
1,170
23, 235
71, 974
63, 957
19, 781
1,221
23, 944
68, 506
63, 724
20, 417
2 1, 411
26, 819
68, 747
71. 184
27, 405
2 1, 397
25, 897
59, 753
80, 464
22, 966
1,374
1,106
21, 492
68, 675
109, 905
22, 390
1,059
20, 229
62, 807
99, 463
21, 781
-1.6
+29.7
-4.3
+4.8
143, 912
126, 087
99, 905
128, 446
76, 224
103, 212
85, 718
158, 946
89, 060
151, 364
91, 056
150, 325
90, 794
145, 298
79, 585
155, 454
78, 971
153, 500
67, 806
272, 897
66, 340
274, 197
66, 235
277, 143
65, 608
274, 983
103, 843
306, 572
102, 557
306, 664
712
1,039
1,150
846
521
1,325
1,102
-38.4
-52.7
6,031
4,268 | -29.2
12, 663
3,144
8, 875
644
11, 636
2,257
8,882
497
12, 293
2,404
9,250
639
13,388
2,896
9, 786
706
11,151
2,525
8,167
459
13, 663
2,978
9,918
767
11, 627
2.393
8, 501
733
-16.7
-12.8
-16. 5
-35. 0
-4.1
+5. 5
-3.9
-37.4
60, 787
12, 990
44, 807
2, 990
61,131 !
+.6
13,226 i! +1.8
44,960 I I
+.3
2,945
-1.5
.43
.45
.43
.45
.43
.46
.43
.46
.45
.48
.46
.46
.45
.45
+4.7
+4.3
0.0
+6.7
284, 630
300, 656
480
507
i Cuinulative t irough Ap r. 30.
267, 300
452
586
359, 298
609
337, 042
567
+29.6
+3.4
HIDES AND LEATHER
Hides
Imports:
Total hides and skins
thous. of lbs._
Calfskins
_ _ _ -thous. of lbs._
Cattle hides
thous. of Ibs
Goatskins __ _
thous. of lbs_.
Sheepskins
thous. of Ibs..
Stocks, end of month:
Total hides and skins
thous of Ibs
Cattle hides
thous of Ibs
Calf and kip skins
thous of Ibs
Sheep and lamb skins
thous of Ibs
Prices:
Green salted, packers' heavy
native steers
dolls per Ib
Calfskins, country No. 1
dolls. perlb..
Inspected slaughter of livestock:
CanadaCattle and calves
no. of animals..
Swine
no of animals
Sheep
no of animals
Leather
Production:
Sole leather.. thous. of backs, bends, sides.Finished sole and belting
thous of Ibs
Finished upper
thous. of sq ft
Oak and union harness
stuffed sides
Skivers ._ .
doz
Unfilled orders:
Oak and union harness
sides
Stocks in process of tanning:
Sole and belting
thous of Ibs
Upper
thous of sq ft
Stocks, end of month:
Sole and belting
thous of Ibs
Upper ._
thous of sq. ft
Exports:
Sole
thous. of lbs__
Upper—
Total
thous. of sq. ft._
Patent
thous. of sq. ft__
Cattle and calf
thous. of sq. ft
Sheep
thous. of sq. f t _ Prices:
Sole, oak, scoured backs,
heavy, Boston
dolls per Ib
Chrome calf, "B" grades. .dolls, per sq. ft.
2
24, 062
,
392, 507
1, 056, 487
91, 075
5,334
i 82, 800
i 275. 312
i 442, 749
115, 527
424, 687
1, 131, 652
101, 905
6,573
i 99, 895
i 268, 980
i 279, 329
114, 801
+8.2
+7.1
+11.9
+23.2
+20.6
-2.3
-6.9
-.6
|| .
Leather Products
Belting shipments:
Quantity
Value
pounds
thous. of dolls -
298, 764
500
2 Rev ised.
i 1,503, 643 i 1,151,350
2,567
1,939
-23.4
-24.5
31
TREND OF BUSINESS MOVEMENTS—Continued
1927
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
PEE CENT INCREASE (+) OR
1926
DECREASE (— )
January
February
March
April
May
April
May
May,
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
-1.5
+9.9
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
1926
1927
i 106, 137
2,476
i 111, 240
2,628
Per ct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
HIDES AND LEATHER-Continued
Leather Products— Continued
Shoes:
Production
thous of pairs
Exports
thous. of pairs__
Wholesale pricesMen's black calf
blucher IVtass
dolls per pair
Men's dress welt, tan
calf, St. Louis
dolls, per pair..
Women's black kid, dress
welt, lace, oxford
dolls, per pair_.
Gloves, cut:
Total
dozen pairs
Dress and streetImported leather
dozen pairs
Domestic leather
dozen pairs
Work gloves
. _ _ _
dozen pairs
27, 292
397
24, 993
491
2 31, 277
559
27, 678
595
586
26, 637
657
23, 129
533
6.40
6.40
6.40
6.40
6.40
6.40
6.40
0.0
0.0
4.85
4.85
4.85
4.85
4.85
5.00
5.00
0.0
-3.0
+4.8
+6.1
4.00
4.00
4.00
4.00
4.00
4.15
4.15
0.0
-3.6
196, 270
197, 987
230, 749
219, 370
208, 924
222, 713
206, 850
-4.8
+1.0
1, 054, 596
1, 053, 300
-0.1
50, 917
27, 736
117, 617
58, 681
31, 348
107, 958
64, 588
43, 187
122, 974
62, 655
37,928
118, 787
57, 848
36, 503
114, 573
54, 595
35, 544
132, 574
50, 003
34, 862
121, 985
-7.7
-3.8
+15.7
+4.7
-6.1
242, 434
163, 221
648, 941
294, 689
176, 702
581, 909
+21.6
+8.3
-10.3
long tons
long tons
2 56, 559
43,340
2 44, 639
28,337
64,375
35, 515
73,200
46, 202
36,51
39,946
34, 544.
50, 534
29, 759
+14.5
181, 724
189, 612
+4.3
long tons
long tons
thous of Ibs
dolls per Ib
57, 065
75,700
44,078
.268
61, 170
66,500
45, 037
.261
65, 634
74,390
50, 614
.286
73,200
51, 333
.274
21, 865
63,500
40,953
.383
i 176, 988
i 191, 062
+8.0
.300
20, 403
64,330
43, 802
.395
3,834
8,298
2 4, 726
8,705
4,742
9,113
4,014
9,363
3,771
9,271
i 15, 318
i 17, 033
+11.2
RUBBER
Crude Rubber
W"orld shipments plantation
Imports (including latex)
Stocks, end of monthUnited Kingdom
Plantation afloat
Consumption by tire mfrs
Wholesale price Para N Y
2
-21.0
+9.5
-21.7
Tires and Tubes *
Pneumatic tires:
Production
Stocks end of month
ShipmentsDomestic
Exports
Inner tubes:
Production
Stocks, end of month
ShipmentsDomestics
Exports
Solid and cushion:
Production
Stocks end of month
ShipmentsDomestic
Exports
2
thousands
thousands
2 3, 731
7,839
thous
thous
3,534
172
3,204
15]
4,094
199
4,118
171
3,642
99
3,829
86
i 11,619
1366
i 14, 950
J 693
+28.7
+89.3
thousands
thousands
4,007
11, 704
3,724
12, 595
5,395
12,839
5,536
13,371
4,918
15, 518
4,615
15, 866
i 20, 426
i 18, 662
-8.6
thous
thous
4,428
89
3,763
80
4,534
90
4,669
105
3,727
53
4,654
78
i 12, 877
1244
i 17, 394
1364
+35.1
+49.2
thousands
thousands
44
166
46
163
57
159
64
162
51
218
45
214
1231
1211
-8,7
thous
thous
36
7
40
8
254
8
54
5
47
6
44
4
i 136
122
i 184
128
+35.3
+27.3
1,916
718
784
2,084
718
881
2,427
978
1,190
2,124
1,626
1,498
1,579
400
656
1,730
659
646
i1 6, 535
1, 626
3,600
i 8, 746
i 3, 234
5,559
+33. 8
+98.9
+54.4
13, 660
12, 733
13, 640
14, 169
15, 097
11,367
6,685
4,013
46, 355
6,652
4,062
48, 010
7,906
6,367
47,822
6,682
6,507
47, 869
6,157
3,282
56, 681
6,818
4,002
58, 326
146, 077
163, 466
183,011
18,378
125, 740
128, 886
180, 100
12, 723
166,411
148, 360
198, 338
23, 746
165, 680
142, 483
221, 535
19, 772
160, 192
137, 997
243, 762
17, 217
186, 918
162, 083
205, 935
15, 866
189, 580
161, 478
234, 037
19, 127
-3.3
-3.1
+10.0
-12.9
229, 580
229, 382
38, 730
153, 584
2.75
206, 646 22235,408
204, 248
232, 858
39, 950 242,800
89, 662
97,063
2.75
2.75
2
219,108
2
2
221, 634
39, 290
82, 536
2.75
214, 948
222, 694
39, 120
116,912
2.63
225, 664
236, 364
39, 078
102, 344
2.95
220, 142
220,118
39, 274
106, 250
2.95
Other Rubber Products
Rubber-proofed fabrics:
ProductionTotal
thous of yds
Auto fabrics.
_._thous. of yds__
Clothing fabrics.
thous. of yds
Rubber heels:
Production
__
thous of pairs
Shipments—
To shoe manufacturers thous. of pairs
To repair trade
thous of pairs
Stocks, end of month
thous of pairs
1,206
-19.5
+86.7
1
66, 015
i 54, 202
-17.9
1
i 34, 523
14, 395
i1 27, 925
20, 949
-19.1
+45.5
-15. 5
-14.5
+4.2
-10.0
815, 909
775, 739
764, 100
721, 192
-6.3
-7.0
107, 691
91,836
-1.9
+0.5
-0.4
+41. 6
-4.4
-2.4
+1.2
-0.4
+10.0
-10 8
1, 108, 194
1,117,688
1,105,690
1,110,816
-0.2
-0.6
533, 349
539, 757
+1.2
PAPER AND PRINTING
Wood Pulp
Mechanical:
Production
short tons
Consumption and shipments...- short tons__
Stocks, end of month
short tons
Imports
short tons
Chemical:
Production
short tons
Consumption and shipments ...short tons__
Stocks, end of month
short tons
Imports
short tons
Price, sulphite
_
dolls, per 100 Ibs
Newsprint Paper
Production:
United States
Canada _ _ _ _ _ _ _
Consumption by publishers
Shipments:
United States.
Canada
_
Imports
Exports:
United States.
Canada
short tons
short tons
short tons
2 135, 395
161, 724
168, 241
2 120, 985 2 133, 207 2129,892
151,986 2 175, 307
166, 460
144, 074
186, 138
176, 356
127, 395
171,819
186, 268
145, 255
151, 739
172, 670
141, 004
153, 969
176, 893
-1.9
+3.2
+0.1
-9.7
+11.6
+5.3
701, 850
735, 152
825, 687
646, 874
827, 296
861, 074
-7.8
+12.5
+4.3
short tons
short tons
short tons
2 130, 973
158, 866
166, 102
2118,743 2 128, 927
145, 263
169, 061
134, 209
166, 531
2128,666
168, 511
147, 736
126, 984
170,468
170, 545
144, 535
154, 015
168,463
142,286
151, 990
134, 870
-1.3
+1.2
+15.4
-10.8
+12.2
+26.5
697, 147
731, 165
721,380
634, 293
813, 271
785, 123
-9.0
+11.2
+8.8
short tons
short tons
1,360
142,329
1,648
184, 502
2 ]Revised.
1,073
123,449
1,314
2,392
9,713
6,269
1,941 +22.5 -32.3
149, 924
112, 828 135, 251 +21.4 +10.8
676, 214
741, 403
*See table on p 21 of the Jrune, 192'r, issue fc r earlier dai a.
-35.5
+9.6
i Cumulative through Apr. 30t
-14.7
874
141, 199
32
TREND OF BUSINESS MOVEMENTS—Continued
1937
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
April
May
May,
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
24, 233
27, 520
193,005
43, 862
3.30
19, 478
12, 415
128, 685
32, 505
3.50
18, 207
14, 331
128, 253
35, 770
3.50
+0.5
+4.3
-10.4
+7.5
0.0
+33.1
+92.0
+50.4
+22.6
-5.7
819
135
693
70
649
189
847
146
12,085
12, 521
118
11,045
11, 167
108
12, 233
10, 781
11, 471
11, 908
104
12, 250
11, 537
96
2 8, 628
2 7, 772
275.9
2 205, 589
2197,435
3
101, 861
2 189, 942
2 209, 944
2
50, 211
8,147
82.7
199, 185
192, 061
93, 748
192, 327
199, 982
49, 144
8,629
83.0
207, 765
194, 824
90,671
209, 245
208, 281
53, 661
8,400
84.0
207, 498
200, 832
83, 452
193, 892
207, 934
54, 599
+4.8 -3.0
+9.0 -1.5
-3.1 -4.0
-2.7 -4.4
+12.3
-8.0
+1.3
-0.8
-4.7 -3.8
-2.1 -10.0
158, 222 2 155, 513 2 147, 938
46, 314
40, 602
43, 789
149,838
59, 289
149, 742
50,480
140, 718
45, 327
+1.3
+6.5
+28.0 +30.8
February
March
April
May
15, 968
17, 255
232, 944
43, 624
3.30
18, 426
22, 769
224, 572
48, 251
3.30
22, 744
28, 462
227,049
42,884
3.30
24, 105
26, 389
215, 329
40, 798
3.30
722
132
660
113
699
141
12, 919
11, 178
133
11, 632
11, 197
102
6,999
71.0
173, 629
194, 285
105, 669
163, 337
175, 528
53, 562
7, 583
80.2
189, 273
183, 861
102, 005
182, 322
189, 032
53, 327
2 219, 824
22 230, 065
114,369
2 209, 730
2 217, 876
2 54, 566
163,023
38, 062
January
PEE CENT INCREASE (+) OR
DECREASE (— )
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
1927
1926
Per ct.
increase
(
-y
or decrease
(-)
cumulative
1927
from
1926
PAPER AND PRINTING— Continued
Newsprint Paper— Continued
Stocks, end of month:
At mills—
United States
Canada
At publishers
In transit to publishers
Price, roll, f. o. b. mill
short tons
short tons
short tons
short tons._
dolls per 100 Ibs
Printing
Book publication:
American manufacture
no. of titles. .
Imported
no. of titles
Sales books:
New orders
thous. of books _
Shipments
thous of books
Printing activity
weighted index number
-15.4
-18.2
-48.1 -52.1
+10.8
-3.5
-0.1
-6.6
3,388
723
3,593
591
+6.1
-18.3
59, 349
59, 127
59, 914
56, 844
+1.0
-3.9
Box Board *
Operation
thous of inch hours
Operation
per ct. of capacity
Production _ . ..
tons _
New orders
tons
Unfilled orders, end of month
_ .tons .
Consumption of waste paper
tons..
Shipments
tons
Stocks end of month
tons
Stocks of waste paper, end of month:
On hand
_tons._
In transit and unshipped purchases__tons__
281.1
42,300
39, 128
-7.5
1, 035, 276
1, 009, 943
987,500
997, 707
-4.6
-1.2
992, 969
1, 029, 481
937, 658
992 362
-5.6
-3.6
568, 336
569, 194
+0.2
Book Paper
Book paper, total:
119, 965
Production
short tons
64,847
Stocks, end of month
short tons
Coated book paper:
95
Production
per ct. of normal
91
Shipments. ..per ct. of normal production..
7
Unfilled orders, end of month
days
87
Orders
per ct. of normal production
Uncoated book paper:
104
Production
per ct. of normal
97
Shipments. __per ct. of normal production. „
93
Orders
per ct of normal production
Unfilled orders, end of month
days..
10
111, 569
64, 199
123, 839
66, 767
110, 217
66, 099
103, 604
70, 726
116, 589
56, 137
109, 594
62, 312
-6.0 -5.5
+7.0 +13,5
88
88
9
94
90
90
10
94
95
94
10
87
94
88
12
84
92
97
8
82
89
87
6
79
-1.1 +5.6
-6.4 +1.1
+20.0 +100.0
-3.4 +6.3
102
99
97
11
98
95
90
9
92
87
90
10
93
89
89
10
100
98
90
12
99
92
90
12
+1.1 -6.1
+2.3 -3.3
-1.1 -1.1
0.0 -16.7
86, 051
66, 916
98, 325
68, 116
293,419
2 72, 705
86, 461
73, 877
89, 461
69, 093
82, 905
70, 147
-7.4
+1.6
+4.3
+5.3
443, 485
456, 016
+2.8
34,064
50,999
39, 195
49, 518
40, 539
49, 446
38, 136
49, 899
40, 855
49, 594
39, 271
51,040
-5.9
+0.9
-2.9
-2.2
201, 084
187, 082
-7.0
93, 572
65, 697
108, 797
66, 662
99, 211
67,589
100,903
73, 095
101, 035
75, 703
104, 575
80,834
+1.7
+8.1
-3.5
-9.6
519, 509
503, 238
-3.1
678, 867
330, 155
655, 684
340, 974
700, 960
323, 666
684, 847
337, 139
-3.4
+3.3
-4.3
+1.1
3, 469, 540
3, 350, 442
-3.4
1, 916, 778
1, 508, 642
408, 136
2, 023, 821
1, 617, 463
406, 358
+5.0
+7.2
-0.4
i 351, 116
i 56, 993
i 343, 334
i 63, 702
-2.2
+11.8
Other Paper
Wrapping paper:
91, 760
Production
short tons
68, 465
Stocks, end of month
short tons
Fine paper:
Production
short tons . 35, 148
52, 794
Stocks, end of month
short tons
All other grades:
Production
short tons _ 100, 755
67, 593
Stocks, end of month
short tons
Total paper (inc. newsprint and box board) :
Production
short tons 2 657, 192
323, 229
Stocks end of month
short tons
2
635, 192 2 723, 187
319, 564
329, 373
2
2
Paper-board Shipping Boxes
Production:
Total
Corrugated
Solid
fiber
Operating activity:
Total
Corrugated
Solid
fiber
Paper boxes:*
Shipments _.
Pay roll
thous. of sq. ft_.
thous. of sq. ft
thous. of sq. ft..
371, 748
293, 677
78, 071
421, 165
336,910
84,255
421, 110
338,400
82, 710
403, 165
322, 002
81, 163
406,633
326, 474
80, 159
379, 259
299,641
79, 618
382, 405
298, 150
84,255
+0.9
+1.4
+1.2
+6.3
+9.5
-4.9
per cent of normal
per cent of normal
_ per cent of normal..
71
72
68
81
82
78
79
80
76
77
76
77
75
75
76
81
82
77
79
79
78
-2.6
-1.3
-1.3
-5.1
-5.1
-2.6
114
104
95
+5.6 +20.0
86, 142
15, 669
82, 181
14, 962
dollars. _ 1,076,677 1, 019, 498
398, 421
295, 729
dollars
Other Paper Products
Rope-paper sacks, shipments. ._ index number. _
Abrasive paper and cloth:
Domestic shipments
_ ._ reams .
Foreign shipments
reams
Labels:
New orders.per ct. of capacity..
i Cumulatine through Apr. 30.
99
108
118
108
76, 717
12, 575
83, 229
13, 569
98,054
20,844
85, 334
16,714
84.5
81.9
81.0
79.7
2 Revised.
98.2
113.4
" See table on p. 24 of the April, 1927, issue for earlier data.
33
TREND OF BUSINESS MOVEMENTS—Continued
1927
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
January
PER CENT INCREASE (+) OR
DECREASE (— )
1926
February
March
April
1,057
2,955
129, 258
1,125
4,183
161, 754
191
190
191
190
May,
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
1,379
5,858
162, 565
-1.1
-6.0
-0.5
-7.4
197
197
-0.5
0.0
-4.1
-4.1
May
April
May
5,895
160, 088
5,828
150, 558
1,357
6,209
166, 224
190
189
189
189
196
197
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
1926
1927
Per ct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
BUILDING CONSTRUCTION AND
HOUSING
Rental advertisements:
Portland, Oreg
_
Minneapolis, Minn
Real estate conveyances (41 cities)
number
1,144
number
3,131
number.. 135, 935
1,131
* 5, 141
21, 318
775, 970
1
4, 457
21, 992
737, 593
-13.3
+3.2
-4.9
Building Costs (Index Numbers)
Building materials:
Frame house, 6-room, 1st of month
Brick house, 6-room, 1st of month
Concrete factory costs (Aberthaw), 1st of following month
Building costs (Engineering News Record),
1st of following month
Building costs (A. G. C.)*-Building volume (A. G. C.)*
Construction index:
Frame
index number
Brick, wood frame
index number
Brick, steel frame
index number
Reinforced concrete
index number
190
190
194
193
193
193
193
199
199
0.0
-3.0
210
197
129
209
199
121
209
201
135
207
201
166
206
200
197
207
198
151
205
199
179
-0.5
-0.5
+18.7
+0.5
+0.5
+10.1
204
213
198
200
204
213
197
200
204
213
197
200
204
213
197
200
204
213
196
199
205
213
200
202
203
213
200
202
0.0
0.0
-0.5
-0.5
+0.5
0.0
-2.0
-1.5
8,799
4,237
31, 025
2,967
14, 712
6,239
47, 938
5,475
12, 259
9,187
47, 731
4,515
12, 499
6,062
38, 228
5,136
14, 981
5,277
51, 756
4,907
12, 045
6,785
48, 783
6,194
+2.0
-34.0
-19.9
+13.8
+3.8
-10.7
-21.6
-17.1
61, 555
31, 596
219, 225
20, 135
58, 306
29, 446
194, 679
20, 422
-5.3
-6.8
-11.2
+1.4
4,760
52, 348
7,569
82, 827
5, 582
79, 722
7,957
70, 580
5,889
83,454
6,012
80,704
+42.5
-11.5
+32.4
-12.5
25, 263
360, 116
29, 134
336, 045
+15.3
-6.7
65, 937
40, 381
158, 004
21, 842
106, 925
47, 560
240, 312
35, 413
78,084
40, 032
259, 841
34, 326
69, 183
42, 869
212, 500
33, 655
87, 895
41, 524
257, 965
37, 245
63, 006
44, 560
236, 640
37,188
-11.4
+7.1
-18.2
-2.0
+9.8
-3.8
-10.2
-9.5
369, 847
267, 362
1, 101, 606
134, 959
397, 958
197, 976
1, 030, 686
141, 911
+7.6
-26.0
-6.4
-5.2
45, 765
49, 358
381, 286
19, 475
63, 948
101, 717
595, 874
17, 436
58,227
113, 246
583, 766
38, 566
67, 334
105, 220
530, 762
46, 728
50, 685
76, 940
552, 253
37, 292
46, 978
92, 335
520, 707
57, 140
+15.6 +43.3
-7.1 +14.0
-9.1 +1.9
+21.2 -18.2
209, 037
384, 047
2, 466, 856
140, 358
266, 899
423, 179
2, 460, 618
138, 976
+27.7
+10.2
-0.3
-1.0
26,285
26, 808
39, 724
20, 713
52,408
32,764
-36.8
200, 110
161, 441
2, 274, 575
2, 335, 421
2,376,955
2,122,640
2, 096, 148
2, 185, 700
-6.7
-10.2
-8.0
244, 359
19, 173
305,905
2,121
+25.2
-88.9
2,741,394
2, 851, 066
2, 895, 832
327, 314
209, 259
2,448,632
2, 522, 496
2, 623, 216
258, 363
190, 605
-10.7
-11.5
-9.4
-21.1
-8.9
232, 325
197, 871
224, 135
185, 919
224, 990
245, 686
-20.0
+13.7
+9.6
507, 990
560, 589
316, 680
461, 507
-37.7
-17.7
672, 514
687, 000
585, 951
681, 792
-12.9
-0.8
252, 238
252: 336
251, 146
254, 968
-0.4
+1.0
193, 099
217,319
207, 571
188, 410
187, 691
184, 491
-2.4
-13.6
-11.1
46, 345
51,451
44, 181
45, 240
-4.7
-12.1
166,952
* 64, 552
* 75, 644
173,987
+13.0
+14.6
"1
f"
" ""
Buiiding Contracts and Losses
Contracts awarded (36 States):
Commercial buildings
thous. of sq. ft..
10, 037
3,721
Industrial buildings _ . thous. of sq. ft
Residential buildings
thous. of sq. f t _ _
29, 757
2,329
Educational buildings
thous. of sq. ft..
Other public and semipublic buildings
thous. of sq. ft..
3,266
Grand total
thous. of sq. ft..
50, 568
Contracts awarded, value (36 States):
Commercial buildings
thous. of dolls_.
77, 829
Industrial buildings
.thous. of dolls..
27, 134
Residential buildings
thous. of dolls.. 160, 029
Educational buildings
thous. of dolls..
16, 675
Other public and semi31, 625
public buildings
thous. of dolls
Public works and utilities.. thous. of dolls, . 53, 638
368, 930
Grand total
thous. of dolls
Contracts awarded, Canada
thous. of dolls..
16, 771
Fire losses:
United States and Canada-thous. of dolls..
37, 911
-47.9
-19.3
LUMBER PRODUCTS
Softwood Lumber
Southern pine:
Production (computed)
M ft. b. in
422, 022 403, 807 444, 469 412,472 439, 870
454, 005
460, 346
-4.4
+6.6
Shipments (computed)
_..M ft. b. m _ _ 382, 751 361, 403 452, 940 438, 466 460, 588
479, 176
492, 779
-3.9
+5.0
New orders (computed)
M ft. b. m _ _ 426, 558 402, 162 459, 862 433,287
474, 287
463, 831
489,003
-5.1
+7.0
Stocks, end of mo. (computed). M ft. b. m 1, 219, 779 1, 252, 224 1, 239, 474 1, 205, 135 1. 218, 391 1, 120, 803 1 102 498
+1.1 +10.5
Exports, lumber
M ft. b. m _ _
64, 492
46, 648
51, 244
80,305
63,216
46,905 -21.3 +34'. 8
56, 908
Exports, timber
M ft. b. in
261
1,071
89
389
311
156 -20.1 +99.4
183
Price flooring
dolls, per M ft. b. m_.
40.81
40.04
39.66
39.32
39.56
45.76
46.88
-0.6 -14.1
Douglas fir:
Production
M ft. b. m__ 410, 045
511,213 484,355 532, 253
510, 766
545, 682
521, 062
+9.9
-2.5
Shipments (computed)
M ft. b. m _ _ 411, 836
485, 698
510, 766
565, 827
548, 369
583, 732
-3.1 -6.1
538, 072
New orders ._
. M ft. b. m
453, 839 516, 138 546, 130 548, 368 553, 741
514, 795
562, 693
+1.0
-1.6
Exports, lumber
M ft. b. m__
48, 025
53, 944
47, 720
46, 699
59, 973
70, 816 +28.4 -15.3
61, 632
Exports, timber
M ft. b. m
26, 449
22, 994
39, 294
45, 003
56, 865
54, 261
53, 437 +26.4
+6.4
Price, No. 1 common dolls, per M ft. b. m_
16.43
17.19
16.80
17.24
16.56
-3.9
+0.4
16.50
16.50
Price, flooring, 1 x 4, "B" and
better, V. G
M ft. b. m__
36.06
35.92
35.99
35.81
35.69
39.46
-0.3
40.20
-9.6
California redwood:
Production (computed)..
M ft. b. m
32, 099
32,511
42,418
34, 199
44, 692
42, 413
50,023 +30.7 -10.7
Shipments (computed)
M ft. b. m__
35, 851
37, 061
51, 273
44, 278
56, 527
47, 687 +27.7 +18.5
41,370
Orders received (computed) M ft. b. ni__
42, 600
40. 121
59, 952
47, 394
55, 619
46,352 +17.4 +20.0
39, 390
California white pine:
Production
M ft. b. m _ _
55, 821
44, 247
44, 323
114, 984
57,305
148, 662
161, 382 +100. 7 -28.8
Shipments
M ft. b. m
75, 706
73, 874
105, 261
100, 206
106,470
123, 666
117, 601
+6.3
-9.5
Stocks, end of month..
__.M ft. b. m__ 591,017
560, 748
522,422 477, 411
482, 405
521, 153
521, 237
-7.4
+1 0
Western pine:
Production (computed)
M ft. b. m._
69,113
80, 234
117, 722 22 154, 742
164, 140
164, 256
179, 111
+6.1 -8.4
Shipments (computed)
M ft. b. m._ 114, 579
117, 193
143, 711
156, 237
150, 072
144, 836
144, 653
-3.9
+3.7
Stocks, end of mo. (computed). M ft. b. m__ 1, 069, 835 , 036, 454 , 014, 062 1,056,021 1,051.455 , 081, 820 1, 145, 787
-0.4
-8.2
North Carolina pine:
Production (computed)
M ft. b. m._
47, 712
55, 013
48, 755
49, 462
50, 204
54, 222
58, 898
+1.5 -14.8
Shipments (computed)..
M ft. b. m..
47, 054
57, 967
47, 838
51, 191
50, 918
47, 348
63, 350
-0.5 -19.6
Northern pine:
Lumber —
Production
M ft. b. m..
32,493
35, 127
31, 109
42, 302
47, 379
45, 493
43, 493 +12.0
+8.9
Shipments
M ft. b. m
30, 557
33, 603
38, 777
41, 353
43,401
46, 732
47, 351
+5.0
-8.3
New Orders
M ft. b. m
29, 184
32,393
33, 908
44, 555
44, 451
41, 874
-0.2
46, 170
-3.7
LathProduction
M ft. b. m
7,251
7,338
6,532
9, 866
13, 194
10, 076
9,950 +33.7 +32.6
Shipments
M ft b m
6,261
7,795
7,875
9, 675
13, 634
11, 444 +40.9 +19.1
9,570
Northern hemlock:
Production
M ft. b. m
19, 811
21, 854
17, 820
16, 159
16, 291
17, 712
Shipments
_
M ft. b. m._
14,474
15, 773
21,462
22, 278
21,892
20,326
i Cumulative through Apr. 30.
'R evised.
*See itible on p. 2 2 of the M ay, 1927, issue for
earlier data
34
TREND OF BUSINESS MOVEMENTS—Continued
1927
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, <f Survey "
1926
1
!
January
February
March
May
April
May,
1927,
from
Apr.,
1927
May
April
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
PEE CENT INCREASE (+) OB
DECREASE (— )
May,
1927,
from
May,
1926
1 Per ct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
1926
1927
15, 037
17, 183
13, 606
14, 856
-9.5
-13.5
16, 414
15, 941
-2.9
LUMBER PRODUCTS— Continued
Hardwood Lumber
Walnut lumber:
Production
M ft. b. m._
Shipments
_
M ft. b. m
Stocks, end of month
M ft b m
New orders *
M ft. b. m
Unfilled orders, end of month * M ft. b. m_.
Walnut logs:
Purchased
M ft. log measure
Made into lumber and
veneer
_____
M f t . l o g measure
Stocks, end of month_._M ft. log measure. .
Northern hardwoods:
Production
M ft b m
Shipments
M ft. b. m
Total stocksTotal hardwoods
M ft b. m
Gum
_ _ M ft. b. m_.
Oak
M ft b. m
Unsold stocks—
Total hardwoodsM ft. b. m._
Gum___
M ft. b. m _ _
Oak
__
_ _ M ft. b. m _
Unfilled ordersTotal hardwoods
M ft. b. m_
Gum__
_
M ft. b. m__
Oak
M ft b. m
All hardwoods:
Production (computed)
_M ft. b. m _ _
Shipments (computed)
M ft. b. m__
Orders (computed)
M ft. b. m__
2,417
2,809
11, 810
3,621
7,591
2,606
3,303
11, 103
2,564
7,574
3,319
3,115
11, 291
3,736
7,279
2,547
2,745
11,093
2,978
8,243
2,717
2,884
10, 915
3,042
8,114
3,077
3,143
17, 368
2,922
7,577
2,787
2,778
16, 974
2,692
7,181
+6.7
-2.5
+5.1 +3.8
-1.6 -35.7
+2.1 +13.0
-1.6
+13.0
2,441
2,117
2,858
2,285
3,440
2,597
3,380
+50.5
+1.8
13, 393
13, 141
-1.9
2,088
2, 260
2,361
1,927
2,738
2,047
2,176
1,918
2,476
2,882
2,472
1,513
2,630
2,151
+13.8
-50.3
-5.9
+34.0
12,389
11, 839
-4.4
38, 053
25, 178
40, 162
28, 472
52, 610
34, 848
40, 625
27,838
47, 226
30, 249
41, 499
25, 863
1202,099
i 130, 112
i 171,450
i 116,336
-15.2
-10.6
898, 606
238, 364
304, 723
862, 624
228, 621
304, 766
862, 428
225, 823
303, 719
802, 761
200, 180
290, 994
770,467
191, 549
276, 704
790, 558
224, 164
252,375
807, 583
229, 017
258,404
-4.0
-4.3
-4.9
-4.6
-16.4
+7.1
698, 475
168, 645
252, 811
663, 146
162, 053
242, 949
661, 711
159, 759
241, 518
617, 375
142, 647
229, 171
595,295
139, 531
215, 629
626, 807
175, 405
192, 072
636, 253
175, 453
198, 839
-3.6
-2.2
-5.9
-6.4
-20.5
+8.4
232, 338
83,627
59, 143
230, 731
79, 605
68, 816
234, 933
81, 904
68, 633
219, 108
72, 069
69, 044
206, 994
65, 237
67, 964
193, 150
61, 955
67, 863
202, 383
69, 200
67, 212
-5.5
-9.5
-1.6
+2.3
-5.7
+1.1
84,000
84,000
90, 000
84, 000
94, 000
100, 000
62, 000
85, 000
89, 000
58, 000
89, 000
89,000
80, 000
85, 000
81, 000
85, 000
82, 000
87, 000
-6.5
+4.7
0.0
-31.8
+8.5
+2.3
413, 000
430, 000
445, 000
371, 000
444, 000
462, 000
-10.2
+3.3
+3.8
Production, 10 species
.
M ft. b. m__2,098,788 2, 216, 344 2, 378, 995 2,268,148 2, 476, 301 2, 591, 512 2, 677, 098
178, 697 153, 607 153, 700 188,014
192, 997
Exports, planks, joists, etc
M ft. b m
173, 675 173, 466
Retail yards, Minneapolis district:
6,134
9,824
13, 809
15, 619
6,061
Sales
M ft. b. m
13, 777 2 17, 963
103, 928 105, 096 106, 152 106, 879
Stocks end of month
M ft b m
100, 202
109, 235 2 106, 642
Composite lumber prices:
41.96
41.11
40.65
41.08
Hardwoods
dolls, per M ft. b. m_
41.96
40.80
41.70
29.74
30.65
Softwoods
dolls per M f t b m
30.26
30.52
31.48
29.76
31.46
+9.2
+2.7
-7.5 12,731,218 11, 438, 576
867,015
847, 836
+11.3
-10.2
+2.3
57, 002
51, 447
-9.7
44, 013
40,. 063
44, 742
47, 271
+1.7
+18.0
40, 295
42, 000
+4.2
2
83,000
92,000
94, 000
2
1
Total Lumber
Flooring
Maple flooring:
Production
M ft. b. m__
Shipments
_ _ __
_ M ft. b m
Stocks, end of month
M ft. b. m._
N e w orders _ _ _ _ _ _ _ _ M f t b . m
Unfilled orders, end of month. _M ft. b. m._
Oak flooring:
Production
_
M ft. b. m__
Shipments
_
M ft. b. m__
Stocks, end of month
_M ft. b. m_
New orders..
_.M ft. b. m._
Unfilled orders, end of month._M ft. b. m__
+13.1
+0.7
-13. 0
+0.2
+3.2
+0.4
+0.6
-2.6
0.0
+47.6
-20. 9 i
+58.3
+48.4
9,842
7,880
29, 034
6,587
6,224
8,888
8,085
29, 710
6,405
6,847
9,589
9,363
30, 367
8,120
9,300
8,141
10, 022
28, 154
9,103
10, 856
8,282
11, 921
25, 055
11, 785
13, 238
9,339
9,099
30, 733
8,281
9,919
8,283
8,074
31, 689
7,443
8,920
+1.7
+18.9
-11.0
+29.5
+21.9
35, 215
31, 929
70, 629
37, 497
41, 061
35, 601
34, 925
70, 090
39, 133
45, 275
39,917
42, 535
67,833
44, 609
47, 975
35, 697
40, 970
62, 196
45, 763
51,623
40, 380
49, 034
51, 430
48, 424
52, 315
48, 642
43, 007
62, 656
40, 223
42, 491
41, 998
42, 139
60, 282
41, 415
41, 513
+13.1
-3.9
+19.7 +16.4
-17.3
-14.7
+5.8 +16.9
+1.3 +26.0
228, 037
207, 895
186, 810
199, 393
-18.1
-4.1
191, 762
215, 426
+12.3
41, 957
73, 694
49, 529
65, 131
60, 207
47, 330
46, 214
36, 952
45, 042
43, 125
48, 486
49, 344
42, 941
50, 130
-2.5
+16.7
+6.0
-14.0
244, 159
242, 949
-0.5
25
46
25
19
27
22
20
14
17
29
24
20
22 -15.0
29 +107. 1
-22.7
0.0
57
49
42
33
42
55
57
+27.3
—26 3
52
6.0
98.0
55
14.0
100.0
55
16.0
97.5
47
26.0
95.0
44
10.0
95.0
50
23.0
100.0
47
25.0
100.0
-6.4
—61 5
0.0
-6.4
—60 0
-5.0
8,427
8,580
7,837
8,129
8,784
9,256
3,490
2,921
2,286
2,004
3,149
2,592
7,259
9,347
8,255
10, 601
8,428
10, 670
7,935
10, 218
8,782
11, 140
9,443
11, 690
3,219
3,348
3,711
2,991
3,526
3,373
2,362
2,370
3,426
2,136
3,301
4,189
2,609
3,678
+45.0
-9.9
+31.3
-41.9
3,591
3,587
3,814
3,182
3,290
4,278
3, 824
+3.4
-14.0
72
90
70
100
2
Revised.
84
84
Wooden Furniture
Household furniture and case goods:
Shipments
dolls., average per firmUnfilled orders
dolls., average per firm..
Grand Rapids district:
Shipments
No. of days' production
New orders
No. of days' production-Unfilled orders, end of
month
No of days' production
Outstanding accounts, end of
month _
No. of days' sales__
Cancellations
per cent of new orders
Plant operation
per cent of full time
Piano benches and stools:
New orders (av. per
firm)
dollars
Unfilled orders, end of month
(av. per
firm)
_
dollars
ShipmentsValue (av. per
firm)
dollars
Quantity (total)
pieces..
Plywood and Veneer
Plywood:
New orders
thous. of sq. ft. of surface. .
Shipments
thous. of sq. ft. of surface. _
Unfilled orders, end of
month
thous. of sq. ft. of surface. _
Rotary-cut veneer:
Purchase
number of carloads
Receipts
number of carloads. .
i Cumulative through Apr. 30.
59
116
j
|
1
44, 273
1
32, 973
-25.5
1
1
41, 452
47, 706
i 31, 877
i 40, 836
-23.1
-14.4
17, 306
20, 867
16, 244
14,218
-6.1
-31.9
432
-48.9
127
138 +51.2
126
846
-8.0
100
182 +19.0 -45.1
* See table on p. 25 of the April, 1927, issue for earlier data.
35
TREND OF BUSINESS MOVEMENTS—Continued
1927
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "j
January
February
PEE CENT INCREASE (+) OR
DECREASE (— )
1926
March
May
April
April
May
May,
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
-60.5
-24.0
+63.2
0.0
+5.5
+12.3
+11.1
-4.1
-0.5
Per ct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
1926
1927
-14.5
-22.1
-31.8
-19.3
+66.9
1, 744, 473
2, 895, 159
2, 291, 314
3, 406, 881
3, 228, 919
2, 085, 066
+5.0
-4.0
+20.4
-15.0
3,240
3,046
3,449
3,024
+6.5
-0.7
i 516, 470
i 590, 436
+14.3
105, 740
70, 265
94, 339
54, 922
-10.8
-21.8
94, 897
79, 664
-16.1
LUMBER PRODUCTS— Continued
Barrel Headings
Circled headings for wooden barrels:
Production (rough)
Shipments (finished)
New orders (finished)
Unfilled orders end of month
Stocks on hand, end of month
_ sets . 508, 827 739,936 965, 163 854, 926 338, 029
332, 551
395, 583
492, 072
452, 978
581, 809
.sets
782, 564
779, 871
596, 346
617, 160
282, 009
675,166
460, 217
504,087
sets
523, 066
568, 835
250, 939
sets 1, 993, 216 1,812,076 1, 072, 794 1, 166, 942 1,166,943 1, 237, 374 1,446,864
sets.. 2, 924, 016 3, 035, 957 3, 309, 362 3, 278, 677 3, 460, 562 1, 411, 589 2, 074, 030
+95.3
+11.5
-9.0
1
1
STONE, CLAY, AND GLASS
PRODUCTS
Clay Products
Face brick, averages per plant:
Production
_
thousands
489
Shipments
_
thousands. _
282
Stocks end of month
thousands
2,409
Unfilled orders end of month thousands
727
Common brick:
Stocks, end of month —
Burned
thousands
462, 565
Unburned
thousands
58, 331
Shipments
thousands
93, 806
Unfilled orders, end of month. .thousands.. 324, 837
Plants closed down
number
68
Price, red, New York
dolls, per thous_.
17.00
Paving brick:
Production, actual
thousands
11, 665
7,142
Shipments
- - thousands..
Stocks, end of month
thousands
64, 893
Orders received _ .
thousands11, 964
Cancellations
thousands
188
Operatione, relation to
capacity
per cent
Sand lime brick:
Production
thousands
Shipments by rail
thousands
Shipments by trucks
thousands
Stocks, end of month
thousands
Unfilled orders, end of month. .thousands..
Vitreous china plumbing fixtures:
Orders received
_ pieces
Shipments . ._
__
pieces..
Unfilled orders end of month
pieces
Stocks, end of month
pieces. .
Floor and wall tile:
Production
thous. of sq. ft
Shipments, quantity.
.thous. of sq. ft__
Shipments, value
thous. of dolls
Stocks end of month
thous of sq ft
Architectural terra cotta, new orders:
Quantity
net tons
Value
thous. of dolls..
55, 869
560
421
2,767
871
852
687
2,939
1,007
729
774
2,614
1,074
487, 217
62, 455
115, 013
335, 223
78
17.00
427,484
69, 160
184, 206
369, 857
54
17.00
12, 902
5, 501
71, 640
4,639
55
55, 982
23, 132
7,787
84,336
15, 063
985
57, 550
819
860
2,507
1,069
752
798
2,337
1,334
780
896
2,082
1,257
371, 320
100, 953
197, 411
348, 211
2
16.50
15.50
265, 093
61, 934
146, 431
277, 412
6
17.00
250, 849
77, 178
192, 065
265, 435
4
17.00
-6.1
-8.8
22, 973
13, 864
91, 670
20, 095
327
67, 823
23, 667
20, 628
81, 606
27, 903
145
61, 385
22, 496
16, 491
128, 137
18, 358
749
64, 081
21, 103
22, 645
123, 808
30, 296
302
71, 430
+3.0
+48.8
-11.0
+38. 9
-55.7
-9.5
+12.1
-8.9
-34.1
-7.9
-52.0
14 1
77
57
49
+18.5
+57.1
+13.9
+10.0
+0.3
-1.6
+2.5
-5.8
-23.7
+8.5
1, 171, 970
1, 204, 502
1, 007, 885
1, 248, 203
-14.0
+3.6
20
22
40
65
8,307
3,939
5,438
17, 032
17, 908
9,679
5,843
6,792
13, 866
18, 580
16, 748
7,707
10, 811
13, 802
25, 415
15,004
6,230
10, 885
8,493
18, 413
190, 769
279, 299
497, 700
559, 259
144, 860
265, 390
377, 170
545, 769
217, 059
243, 138
351,090
599, 823
212, 798
219, 177
344, 712
617, 328
5,514
4,331
1,648
10, 010
5,129
4,351
1,658
11, 032
5,467
5,188
1,963
11, 283
9,851
1,138
7,948
882
12, 343
1,350
14,633
1,513
8,258
5,968
22, 914
7,377
6,731
23, 560
11, 452
11, 083
23, 922
1.64
1.63
1.60
1.55
4,236
2,656
16, 101
4,984
12, 151
7,311
20 695
242, 399
241, 199
345, 912
607, 230
189, 391
221, 168
473, 026
508, 692
236, 484
256, 111
453, 399
559, 873
5, 242
5,084
1,832
8,324
5,374
4,964
1,847
8,602
" "
10, 716
1,133
18, 924
2,322
12, 338
1,609
-26.8
-25.1
-13.1
-29.6
70, 963
9,024
55, 491
6,016
-21.8
-33.3
14, 048
14, 350
2 23, 654
16, 674
16, 857
23, 471
12,440
12, 965
22, 710
16, 510
17, 973
21, 255
+18.7
+17.5
-0.8
+1.0
-6.2
+10.4
54,958
51, 971
57, 809
54, 989
+5.2
+5.8
1.60
1.55
1.60
1.55
1.60
1.55
1.65
1.75
1.65
1.75
0.0
0.0
-3.0
-11.4
4,391
2,336
9,300
5,135
15, 482
10, 264
14, 234
8,235
13, 563
8,758
14, 008
8,911
-8.1
-19.8
+1.6
-7.6
44, 150
27, 220
47, 643
28, 626
+7.9
+5.2
8,115
508
9,839
5,385
491
9,599
10, 119
435
9,632
6,170
265
9,821
9,101
414
10, 000
9,981
495
10, 851
23, 311
968
10, 843
+47.5
+56.2
+1.8
-61.0
-57.2
-7.8
65, 774
2,771
54, 025
38, 890
2,113
48, 891
-40.9
-23.7
-9.5
8,484
9,790
11,641
10, 299
9,618
10, 726
11,029
-6.6
-12.8
54,645
49, 832
-8.8
2,032
1,942
.gross..
2,234
per cent
71. 3
70.8
72.3
.gross..
2,725
2,853
2,390
1,861
gross..
1,803
2,368
gross. . 10, 274
11, 219
11, 137
6,541
6,646
gross
6,488
i Cunmlative th rough Apr .30,
2,205
74.1
2,004
2,346
10, 658
6,341
2,197
73.8
1,800
2,383
10, 135
6,149
2,051
74.2
1,663
2,179
9,522
5,781
2,130
76.5
1,754
2,381
8,918
5,543
-0.4
-0.4
-10.2
+1.6
-4.9
-3.0
+3.1
-3.5
+2.6
+0.1
+13.6
+10.9
9,997
10, 610
+6.1
10, 677
10, 064
11, 772
10, 767
+10.3
+7.0
1
1
Portland Cement
Production
Shipments
Stocks end of month
Wholesale price:
Chicago district
Lehigh Valley
thous. of bbls
thous. of bbls..
thous of bbls
dolls, per bbl
dolls per bbl
Highways
Concrete pavements, new contracts:
Total
thous. of sq. yds,.
Roads
thous. of sq. yds..
Federal-aid highways:
Completed —
Cost
thous of dolls
Distance _ _ ...
.
miles..
Under construction, end of month.. miles..
Plate Glass
Production, polished
thous. of sq. ft..
Glass Containers
Actual production:
Quantity
Relation to capacity
New orders
Shipments
Unfilled orders, end of month
Stocks, end of month
* R (3 vised.
i
36
TREND OF BUSINESS MOVEMENTS—Continued
1927
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
January
February
March
PER CENT INCEEASE (+) OR
DECREASE (— )
1926
April
May
April
May
May,
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
1926
1927
Per ct.
increase
( }
or tdecrease
(-)
cumulative
1927
from
1926
STONE, CLAY, AND GLASS
PRODUCTS— Continued
Illuminating Glassware
Production:
Total
number of turns. _
Ratio to capacity
per ct. of capacity
New orders
.. per ct. of capacity
S hipments
per ct . of capacity . _
Unfilled orders, end
of month
number of weeks ' supply
Stocks, end mo
..number of weeks ' supply. .
2,948
35.6
35.5
40.5
2,620
27.2
48.2
40.7
3,023
39.0
39.0
41.0
3,030
39.8
39.6
38.8
3,575
47.1
42.4
43.9
3,123
42.8
45.9
41.3
0.6
3.7
1.1
3.6
1.0
3.5
1.0
3.7
1.0
6.3
1.3
6.0
» 13, 063
* 11, 621
5,145
3,561
-11.0
CHEMICALS AND OILS
Chemicals
Sulphuric acid:
Exports
.
thous. oflbs
1,024
519
867
420
729
1,029
1,127
Price wholesale, 66°, N.Y. dolls, per 100 lbs__
.75
.75
.75
.75
.75
.70
.73
Nitrate of soda:
Imports
long tons
47, 240
94, 151
97, 480
124, 370
33, 578
43,578
58, 082
Production in Chile90,479
Quantity
metric tons_. 79, 151
74, 253
99, 050
105, 090
216, 362
196, 700
32
Units reporting
number of plants __
28
30
25
28
75
65
8,292
Potash, imports
long tons. _ 30, 189
18, 394
15, 911
24, 827
19, 308
11, 696
Acid phosphate:
291, 930
239, 890
Production
short tons _ 289, 095 276, 221 330, 937 213, 714 238, 444
Stocks end of month
short tons 2, 302, 048 2, 179, 513 1, 635, 775 1, 012, 805 1, 160, 100 1, 153, 520 1, 010, 036
194, 884
225, 637
74, 251
53, 924
Shipments
-- short tons
61, 202
9,181
201, 355
Fertilizer:
111, 190
Exports
long tons
109, 580
128,689
119, 927
67, 678
110, 588
116, 228
Consumption in Southern
States
short tons.. 526, 471 836, 910 1, 498, 707 870, 224 146, 454
673, 483 2154,486
Dyes and dyestuffs, exports:
451
253
388
300
227
165
Vegetable
--thous. of lbs__
135
1,928
3,595
Coal-tar
- _ - - -thous. of lbs__
1,865
2,951
1,666
1,227
2,326
Price index numbers:
204
205
204
Crude drugs
index number
203
206
207
203
121
125
126
179
Essential oils
index number
126
123
175
Drugs and Pharmaceuticals .index number..
156
155
155
155
156
156
156
114
Chemicals
index number
113
113
113
113
113
112
134
132
130
Oils and fats
index number
128
137
149
154
-28.8
0.0
-35.3
+2.7
-30.8
-55.3 -25.0
614, 362
316, 027
-48.6
+6.1 -46.6
+6.7 -50.8
-47.9 -29.1
1, 096, 062
446, 833
-59.2
129, 376
92,094
-28.8
+11.6 -0.6
+14.5 +14.9
-67.1 +21.3
1,532,082
1.248,411
-18.5
575, 839
527, 124
-8.5
-6.8
+3.2
487, 152
537, 064
+10.2
-83.2
-5.2
4, 562, 327
3,878,766
-15.0
869
10, 080
1,619
11, 566
+86.3
+14.7
+50.3 +234. 1
+57.1 -17.1
-1.0
-1.6
0.0
0.0
-1.5
+1.0
-30.9
0.0
+0.9
-15.6
Wood Chemicals
Acetate of lime: *
ProductionUnited States
thous. oflbs
Canada
-- - tbous. of lbs__
Shipments—
United States
thous. oflbs
Canada
thous. of Ibs
Stocks, end of month—
United States
thous. of lbs._
Canada
thous of Ibs
Exports
thous. of lbs_.
Price wholesale
dolls, per cwt
Methanol, crude: *
ProductionUnited States
gallons
Canada
gallons. _
Stocks at crude plants, end of monthUnited States
gallons
Canada
gallons
Stocks at refineries and in transitUnited States
gallons
Canada
gallons
Exports
gallons. _
Price wholesale N Y
dolls per gal
Wood:
ConsumptionUnited States
cords..
Canada
cords
Stocks, end of month—
United States
cords
Canada
- cords. _
Methanol, refined:
ProductionUnited States..
gallons-Canada
gallons-Stocks, end of monthUnited States..
gallons..
Canada
..gallons..
14, 181
1,200
12, 667
1,046
14, 223
1,007
13, 139
932
12, 552
756
14,226
648
13, 482
683
-4.5 -6.9
-18.9 +10.7
69, 352
4,343
66, 762
4,942
-3.7
+13.8
10, 067
509
10, 184
171
14,002
785
13, 560
428
11,972
531
11,903
732
13, 658
467
-11.7 -12.3
+24.1 +13.7
57, 379
3,048
59,784
2,424
+4.2
-20.5
19, 910
2,187
1,630
3.50
22, 422
2,988
500
3.50
22, 620
3, 057
1,579
3.50
22,207
3,454
974
3.50
23,068
3, 398
1,582
3.50
28, 523
1,804
503
3.25
28, 518
2,050
1,893
3.25
+3.9 -19.1
-1.6 +65.8
+62.4 -16.4
0.0 +7.7
6,548
6,265
-4.3
755, 473
49, 885
630, 583
46, 141
676, 694
42, 823
616, 738
39, 016
588, 376
30, 088
764, 670
30, 017
671, 674
30, 424
-4.6
-22.9
-12.4
-1.1
3,611,301
185, 101
3, 267, 864
207, 953
-9.5
+12.3
397, 999
48,446
340, 847
45, 984
420,930
40, 335
325, 888
41,468
345, 366 1,474,624 1,414,577
29, 910
42, 046
41,210
+6.0
-27.9
-75.6
-28.9
341, 444
15, 913
11,012
.83
613, 939
19, 657
16, 226
.83
645, 852
22, 574
20, 584
.83
819,216
12, 949
41, 254
.83
896, 334
33, 078
22, 863
.83
850,999
22, 451
26, 794
.55
+9.4
876, 428
23, 827 +155. 4
16, 001 -44.6
0.0
.55
+2.3
+38.8
+42.9
+50.9
214, 458
111,939
-47.8
80, 233
6,096
68, 972
5,306
75, 755
5,300
69, 895
4,790
64, 309
3,298
79, 751
3,650
72, 867
3,878
-8.0 -11.7
-31.1 -15.0
379, 689
23, 598
359, 164
24, 790
-5.4
+5.1
492,811
33, 272
453,040
30, 939
462, 620
33, 526
504, 575
31, 113
501, 192
27, 041
503,013
52, 023
508,408
47, 395
-0.7 -1.4
-13.1 -42.9
488,037
35, 290
311,583
37,070
575, 978
39, 925
425, 510
39, 910
431, 470
10, 550
577, 885
26, 995
523, 766
27,460
+1.4
-73.6
-17.6
-61.6
2, 883, 943
153, 210
2, 252, 578
162, 745
-21.9
+6.2
436, 656
58, 596
426, 736
64, 719
597, 379
67, 938
606, 975
73, 706
554, 313
73, 726
723,436
75, 276
685, 000
81, 259
-8.7
0.0
-19.1
-9.3
13, 235
Production
thous. of gals
8,907
Withdrawan for denaturation... thous. of gals__
3,563
Warehouse stocks, end of month.thous. of gals..
i Cumulative through Apr. 30.
10, 324
9,152
9,842
11,491
12, 224
8,313
12, 674
11,618
8,4S9
12, 756
10,298
8,804
13,468
12, 563
8,327
i 55, 024
i 46, 918
i 47, 724
* 41, 901
-13.3
-10.7
Ethyl Alcohol
2
Revised.
*See table on p. 26 of the April, 1927, issue for earlier data.
37
TREND OF BUSINESS MOVEMENTS—Continued
1927
The cumulative* shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
January
February
PER CENT INCREASE (+) OR
DECREASE (— )
1926
April
May
April
May
32, 190
31, 890
31, 517
19, 518
31, 962
33, 132
31, 415
18, 043
34,168
35,355
33,961
16, 784
234,588
2
34, 180
22 33, 527
17, 671
34, 355
35, 378
33, 506
16, 809
March
May,
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
Per ct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
me
1937
-0.5
-0.1
+1.4
-0.1
168, 855
168, 472
160, 351
167, 549
167,681
161, 611
-0.8
-0.5
+0.8
54, 928
101, 670
+85.1
214, 352
350, 097
+63.3
CHEMICALS AND OILS-Continued
Explosives
(Black powder, permissibles, and other high
explosives)
Production
thous. of Ibs
Shipments..
_
thous. of lbs__
New orders
thous. of Ibs .
Stocks, end of month
thous. of lbs__
33,846
33, 726
33, 616
17,303
35, 383
33, 578
31, 102
19, 145
+6.9
+8.7
+8.1
-7.0
Naval Stores
Turpentine (gum):
Net receipts, southern ports
barrels..
Stocks, end of month—
At three ports
1
barrels...
Atfiveports
...
barrels .
At stills
barrels. .
Price, southern, in barrels,
New York
.dolls, per gal-Rosin (gum):
Net receipts, southern ports
barrels..
Stocks, end of month—
At three ports
. .. barrels .
At five ports
barrels..
At stills
barrels. _
Price, common to good (B),
New York
dolls, per bbl..
Rosin (wood):
Production..
_
_
barrels..
Stocks, end of month
barrels
Turpentine (wood):
Production
barrels
Stocks, end of month
barrels. _
Pine oil:
Production
_ _ .barrels. _
Stocks, end of month
barrels ..
Roofing
Roofing felt:
Production, dry felt
tons .
Stocks, end of month, dry felt
tons..
Prepared roofing:
Shipments
thous . of roof squares . ..
7,386
5,138
10, 132
30, 989
48,025
11, 291
28, 945
+55.0
+65.9
48, 993
53, 098
8,794
40, 047
42, 806
5,035
24, 668
21, 871
3,188
31, 802
33, 241
7,432
47,264
24, 619
27, 414
4,821
26, 719
35, 709
5,984
+48.6
+76.9
.83
.75
.74
.67
.63
.97
.86
-6.0
-26.7
39, 136
27, 214
36, 322
97, 028
150,397
40, 643
85, 965
+55.0
+75.0
160, 120
179, 943
84, 261
147, 635
166, 323
74, 774
81, 013
77, 848
58, 431
107, 562
123, 412
58, 910
153, 445
94, 035
107, 961
40, 813
85, 026
146, 930
48, 570
+42.7
+80.5
-0.3
+14.7
12.38
11.71
11.23
9.70
9.67 1
a 91
8.43
35, 168
33, 513
32, 043
45, 124
35, 313
53, 866
34, 598
58, 652
36, 508 !
64,763
22, 920
27,963
21, 912
24, 824
+5.5 +66.6
+10.4 +160. 9
108, 392
173, 630
+60.2
7,053
5,531
6,587
7,314
7,253
6,953
7,035
7,473
6, 974
8, 746
4,595
2,785
4,570
2,310
-0.9 +52.6
+17.0 -278. 6
22, 391
34, 902
+55.9
241, 563
305, 151
207, 197
313, 457
245, 232
345, 842
239, 027
355,790
243,880
392, 864
158, 149
565, 416
148, 592
503, 780
+2.0
+10.4
+64.1
-22.0
740, 588
1, 176, 899
+58.9
19, 266
3,628
19, 669
4,045
25, 209
3,417
27,638
3,089
27,019
2,806
21, 545
5,186
24, 520
4,269
-2.2
-9.2
+10.2
-34.3
107, 150
118, 801
+10.9
1,405
1,691
2,891
3,183
3>020
2,700
2,958
-5.1
+2.1
12, 162
12, 190
+0.2
6,967
51, 953
19, 681
8,435
38, 212
12, 520
6,950
48, 137
14, 747
6,050
72, 305
19, 107
8,519
74, 369
20,418
4,659
58, 934
19, 038
1,887
41, 365
19, 096
+40.8 +351. 5
+2.9 +79.8
+6.9 +6.9
25, 720
261, 593
84,798
36,921
284, 976
86, 473
+43.5
+8.9
+2.0
31, 588
16,153
16, 130
35, 149
26, 538
26,484
12,299
-24.5 +115. 8
87,507
125, 558
+43.5
9,837
9,679
11, 169
10, 279
8,754
7,996
6,713
-14.8
+30.4
41,093
49, 718
+21.0
22, 748
21, 859
22, 345
20, 356
25, 484
27, 234
23, 569
23, 267
20, 917
20, 799
19, 793
20, 445
17, 719
16,646
—11.3
-10.6
+18.0
+24.9
103,231
101, 341
115, 063
113, 507
+11.5
+12.0
486, 190
691, 327
818, 528
356, 927
611, 627
562, 882
94, 597
346, 902
310, 577
61, 392
198, 354
173, 435
63, 319
314, 967
152, 525
45, 294
141, 169
56, 650
-35.1 +35.5
—42. 8 +40.5
-44.2 +206. 2
1,072,624 1, 607, 296
2, 425, 552 2, 718, 666
+49.8
+12.1
204, 058
155, 680
186, 354
140, 309
105, 148
122, 279
63, 655
73, 071
97, 313
57,000
45, 562
29, 437
-39.5 +39.7
-40.2 +148. 2
713, 399
815, 245
+14.3
201, 767
460, 722
170, 684
502, 593
111, 115
531, 394
90,949
507, 644
92, 415
294, 544
62, 584
259, 203
-18.1 +45.3
-4.5 +95.8
652, 152
780, 264
+19.6
Fats and Oils
Total vegetable oils and copra:
Exports
thous. of Ibs
Imports
thous. of lbs_.
Copra, imports
short tons._
Copra or coconut oil:
Imports
thous of Ibs
Consumption in oleomargarine
thous. of Ibs. .
Oleomargarine:
Production
..thous. of Ibs. .
Consumption
thous. of Ibs
Cottonseed
Cottonseed:
Receipts at mills . _
short tons
608, 190
Consumption (crush)
short tons
870, 456
Stocks at mills, end of month. .short tons._ 1, 029, 646
Cottonseed oil, crude:
Production
thous of Ibs
256, 030
Stocks, end of month
-thous. of Ibs.. 172, 358
Cottonseed oil, refined:
Production
thous of Ibs
205, 749
Stocks, end of month
thous. of Ibs. 397, 432
Price, yellow, prime,
New York
dolls, per lb..
.09
Consumption in oleomargarine
thous. of Ibs..
2,013
Cottonseed cake and meal:
Production
.. short t@ns . 386, 182
Stocks, end of month _
__short tons.. 147, 250
Exports
short tons
81, 099
.09
.10
.09
.09
.12
.12
0.0
-25.0
2,006
2,487
2,173
1,974
1,898
1,700
-9.2
+16.1
11, 057
10, 653
-4.7
313, 524
153, 639
61, 775
273, 352
179, 376
23, 860
163, 768
181, 938
8,636
85,072
149, 467
21, 527
151, 709
306, 754
11, 415
68, 343 -48.1 +24.5
285, 307 -17.8 -47.6
6,689 +149.3 +221. 8
1, 143, 563
1, 221, 898
+6.9
128, 420
196, 897
+53.3
787
540
2,372
2,237
515
418
2,073
1,327
574
398
2,023
2,091
374
330
1,860
2,063
491
338
1,381
2,376
474
308
1,167
1,297
642
187
1,221
1,988
+31.3
+2.4
-25.8
+15.2
-23.5
+80.7
+13.1
+19.5
2,541
1,529
2,741
2,024
+7.9
+32.4
9,179
10,094
+10.0
9,660
.105
8,301
.104
10, 626
.79
10, 826
.106
10,951
.115
11, 061
.108
10, 182
.108
+1.2
+8.5
+7.6
+6.5
55, 330
50, 364
-9.0
20,682
61. 103
18,488
54,322
12,732
64.866
11, 178
64, 896
7,801
41. 402
8,902
49, 518
8,075
31.991
-30.2
-36.2
-3.4
+29.4
74, 352
261. 325
70,881
286,589
-4,7
+9.7
Flaxseed
Minneapolis and Duluth:
Receipts
thous. of bushs
Shipments
thous. of bushs
Stocks, end of month
. -thous. of bushs .
Imports
thous. of bushs. .
Linseed oil:
Shipments from Minneapolis.thous. of lbs._
Price, New York
dolls, per Ib
Linseed cake and meal:
Shipments from Minneapolis.thous. of lbs._
Exports
thous. of Ibs..
2
Revised.
38
TREND OF BUSINESS MOVEMENTS—Continued
1
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
PEE CENT INCREASE (+) OB
DECREASE (-)
1926
1927
|
Per ct.
increase
(
+}
or decrease
(-)
cumulative
1927
from
1926
February
March
April
May
April
May
May,
1927,
from
Apr.,
1927
59. 731
116, 613
24, 595
13,757
58, 454
115, 350
20, 952
10, 413
51,404
109, 392
16, 605
12, 164
40, 455
83, 121
14, 420
17, 636
30,002
64,600
19, 258
17,556
30, 780
91,348
14,011
10, 290
20, 125
66, 521
15, 663
19, 605
-25.8 +49.1
-2.9
-22.3
+33.6 +23.0
-0.5 -10.5
82, 603
63, 592
95, 830
71, 526
+16.0
+12.5
8,078
12, 619
4,889
8,822
5,084
8,987
11,263
15, 836
8,960
13, 903
2,533
6,285
9,368
12, 423
-20.4
-12.2
-4.4
+11.9
19, 785
35, 673
38, 274
60, 167
+93.4
+68.7
12, 571
16, 054
11.422
14, 788
16, 395
21, 026
20, 182
22, 050
28.698
32, 318
5, 526
8,594
18, 971
22. 246
+42.2
+46.6
+51.3
+45.3
66, 504
^ 85,719
89, 268
106, 236
+34.2
+23.9
1.45
1.37
1.40
1.37
1.37
1.34
1.34
1.34
1.48
1.44
1.67
1.69
1.64
1.66
+10.4
+7.5
-9.8
-13.3
39, 354
6,819
36, 569
5,615
2 40, 908
6,643
37, 957
5,281
35, 234
6,367
34, 657
6,661
i 154, 788
'24,358
+4.5
-7.8
8,624
8,023
2 8, 953
8,259
7,589
7,418
1
1
January
Mav,
1927,
from
May,
1926
1926
1927
FOODSTUFFS
Wheat
Visible supply, end of month:
United States
thous. of bushs.
Canada
_
thous. of bushs __
Receipts, principal markets thous. of bushs..
Shipments, principal markets .thous. of bushs..
Exports:
United StatesWheat only
thous. of bushs..
Including wheat flour .thous. of bushs _.
CanadaWheat only
thous. of bushs Including wheat flour .thous. of bushs ..
Prices:
No. 1, northern, Chicago. .dolls, per bush..
No. 2, red winter, Chicago -dolls, per bushWheat Flour
Qrindings of wheat:
United States (census)
thous. of bushs..
Canada
thous. of bushs
Production:
United States, actual
(census) .
thous. of bushs
United States, prorated
(Russell)
thous. of bbls..
Canada
thous. of bbls._
Production, grain offal
thous. of Ibs
Capacity operated, flour mills
per cent..
Consumption, wholesale
(computed)
.
thous. of bbls
Stocks, all positions, end of
month (computed)..
thous. of bbls..
Exports:
United States
_
thous. of bbls..
Canada
-thous. of bbls..
Wholesale prices:
Standard patents, Minneapolis
dolls, per bbl._
Winter straights, Kansas
City
dolls, per bbl_.
9,676
1,496
676,292
53
10, 296
8.996
1,455
1,231
624.025 2701,789
50
53
9,667
1,154
655, 597
48
8,817
1,416
633, 082
45
8,633
1,491
626, 138
44
1
3 1,986
37, 886
1
5, 887
1
2, 672, 234
1
7,867
8,572
10, 074
8, 551
7,584
8,055
7,500
7,080
6,500
6,600
6,500
6,400
1,009
774
874
748
867
1,029
1,016
415
1,099
804
834
682
679
726
+8.2
+93.7
+61.9
+10.7
7.46
7.42
7.33
7.25
7.83
8.76
8.49
+8.0
-7.8
6.55
6.54
6.58
6.58
6.96
7.51
7.40
+5.8
-5.9
2,017
40, 616
27. 638
10,638
6,095
2,023
47, 792
24, 667
8,500
5,855
2,180
50,079
19, 310
10. Ill
6.491
1,548
39, 130
10, 451
12, 326
6,316
1,717
31, 528
12, 599
10, 142
2,210
34, 937
13, 166
9,927
5,611
1,865
27, 469
11, 731
12, 497
5,490
+10.9
-19.4
+20.6
-17.7
-7.9
+14.8
+7.4 1
-18.8
.77
.76
.73
.74
.87
.73
.72
+17.6
+20. 8
14,377
46, 890
614
10, 053
44, 625
321
10, 272
38, 155
395
9,127
30, 298
1,095
11, 888
22, 350
3,459
13, 762
48,704
3,043
12,378 +30.3
39, 995 -26.2
3,255 +215. 9
-4.0
-44.1
+6.3
.50
791
.48
693
.49
734
.48
632
.51
.43
764
.42
589
8,890
7, 711
8,603
6,661
9,523
6,990
2,663
4,180
1,006
2,347
3,790
1,257
2,254
3,002
2,121
2,210
1,619
1,151
2,167
947
1,137
2,528
4,436
734
3,058
3,293
996
-1.9
-41.5
-1.2
-29.1
-71.2
+14.2
.74
.78
.78
.83
,90
.69
.69
+8.4
+30.4
1,281
12, 591
804
1.02
2,156
13, 655
591
1.05
1,485
14,048
786
1.00
1,449
6,249
4,500
1.03
3,292
2, 213
5,861
1.13
1,301
13, 271
1,424
.89
17,060
13.014
14, 469
24,130
26,077
13, 696
Corn
Exports, including meal .. . -thous. of bushs. _
Visible supply, end month
thous. of bushs..
Receipts, principal markets.. -thous. of bushs. .
.Shipments, prin. markets
thous. of bushs..
Grindings (starch, glucose)
thous. of bushs..
Prices, contract grades, No. 2,
Chicago
dolls, per bush..
148, 192
26, 429
1
35, 439
1
33, 859
+5.9
i 138, 735
5, 336
1
2, 657, 703
+2.2
-9.4
-0.5
1
3,531
4,269
35, 064
-1.1
4,865
3,770
+37.8
-11.7
[
14, 086
9,485
-32.7
101, 338
52, 164
94, 665
51,717
-6.6
-0.9
63, 838
55, 717
-12.7
9,428
5,884
-37.6
Oats
Receipts, principal markets ..thous, of bushs..
Visible supply, end of month.-thous. of bushs..
Exports, including meal
thous. of bushs..
Prices, contract grades, Chicago,
_
dolls, per bush..
Qrindings, Canada
thous. of bushs _
Production, oatmeal and rolled
oats Canada
thous of Ibs
Other Grains
Barley:
g| Receipts, principal
markets. . ..
. . thous. of bush..
Visible supply, end mo
thous. of bush..
Exports
thous. of bush. _
Price fair to good, malting,
Chicago
dolls, per bush..
Rye:
Receipts, principal
markets
thous. of bush..
Visible supply, end mo .thous. of bush..
Exports, including flour thous. of bush..
Price, No. 2, Chicago
dolls, per bush .
+6.2
+21.4
i 3, 558
1
46, 620
14, 166
3,260
1,364 +125. 8 +139. 9
9,984 -64.6 -77.8
3,219 +30.2 +82.1
.84
+9.7 +34.5
6, 299
+8.1
67, 842
5,395
1
i 2. 850
19 9
31, 865
-31.6
11,641
-17.8
6,672 +104. 7
9,643
+53.1
12, 542 +132. 5
Total Grains
Total grain exports, incl. flour.. thous. of bush..
21, 758
+19.9
94, 750
+39.7
Eice
Southern paddy, receipts at mills
bbls.. £17, 939 648, 369 621, 153 371, 901 396, 006
194, 321 118,885
+6.5 +233. 1 2,020,870 2, 855, 368 +41.3
Shipments:
Total from mills
pockets (100 lbs.)_.1, 120, 252 877, 798 734,405 569, 194 700, 427
471, 143 473, 963 +23.1 +47.8 2, 963, 703 4, 002, 076 +35.0
New Orleans
pockets (100 Ibs.) .. 249, 175 177, 220 199, 258 130, 146 119, 681
122, 908 113, 558
-8.0 +5.4
709, 458
875, 480 +23.4
Stocks, end of month
.pockets (100 lbs.)_. 2, 095, 911 1, 957, 608 1, 867, 788 1, 696, 891 1, 400, 980 1, 556, 393 1, 179, 488 -17.8 +18.8
38,140 -43. 6 +572. 8
Exports
pockets (100 Ibs.).. 368, 895 508,885 442, 528 455, 159 256, 601
35, 926
243, 543 2, 032, 068 +734. 4
60, 538
Imports
pockets (100 lbs.)._ 56,818
70, 562
99,637
46.034
156, 964
114. 174 -53.8 -59.7
764. 214
333. 589 -56. 3
1
2
Cumulative through Apr. 30.
Revised.
39
TREND OP BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 134 of the
February, 1927, f t Survey "
January
February
PER CENT INCREASE (+) OR
DECREASE (— )
1926
1927
March
April
May
April
May
May,
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
Per ct.
increase
( }
or tdecrease
(-)
cumulative
1927
from
1926
1926
1927
-66.5 -15.1
-32.1 -0.6
-15.8 -0.5
-17.3 -39.7
-17. 6 +15.1
-4.1 -5.0
25, 254
80, 153
12, 573
49, 805
363, 677
27, 081
91, 631
11, 976
59,080
302, 276
+7.2
+14.3
-4.7
+18.6
-16.9
FOODSTUFFS— Continued
Other Crops
Apples:
Cold-storage holdings,
end of month
thous. of bbls..
Car-lot -shipment
carloads
__
Potatoes, car-lot shipments
carloads _
Onions, car -lot shipments
_ carloads. .
Citrus fruits, car -lot shipments
carloads..
Hav, receipts
tons
7,335
7,827
17, 408
2,797
11, 725
78,088
3,141
5,114
7,883
17, 314
2,018
10, 855
56, 938
5,276
21, 005
1,738
12, 946
63, 971
2 1, 598
3, 630
19, 497
2,968
12,911
52, 716
535
2,465
16, 407
2,455
10, 643
50, 563
1,691
3,990
13, 718
1,924
10, 894
66, 037
630
2,480
16, 488
4, 071
9,250
53, 217
1,555
537
175
1,012
1,743
607
200
1,134
1,674
602
204
1,066
1,955
732
235
1,201
1,711
603
202
1,113
1,894
668
218
1,194
+16.8
+21.6
+15.2
+12.6
+3.2
+9.6
+7.8
+0.6
8,807
3,050
1,006
5,685
8,759
3,135
1,019
5,549
-0.5
+2.8
+1.3
-2.4
421,666
436, 570
446, 970 2 436, 183
2,037
2,025
449, 382
463, 334
1,418
450, 142
460, 438
2,180
457, 575
465, 155
1,502
+6.6
+6.2
-30.4
-1.8
-0.4
-5.6
2, 211, 513
2, 242, 056
9,432
2,153,031
2, 202, 967
9,203
-2.6
-1.7
-2.4
-20.0
-4.3
Cattle and Calves
Cattle'movements, primary markets:
Receipts
„. . thousands. . 1,832
657
Shipments, total
thousands
205
Shipments stocker and feeder, .thousands. .
1,136
Local slaughter
thousands..
Beef products:
Inspected slaughter product .thous. of lbs._ 443, 931
Apparent consumption
thous. of Ibs. . 448, 628
1,975
Exports
thous. of Ibs
Cold-storage holdings,
95, 254
end of month
thous of Ibs
Prices, Chicago:
10.30
Cattle, corn-fed
dolls, per 100 Ibs.
.170
Beef, fresh native steers
dolls, per lb__
.145
Beef, steer rounds, No. 2
dolls, per lb._
401, 482
407, 852
1,748
88, 020
77, 159
2 62, 928
50, 319
59, 978
52, 579
11.06
.170
.150
11.92
.170
.158
12.28
.170
.176
11.44
.170
.184
9.13
.160
.152
9.06
.160
.159
-6.8 +26.3
0.0 +6.2
+4.5 +15.7
4,252
1,527
99
2,694
3,308
1,315
94
2,006
3,754
1,368
102
2,386
3,142
1,J01
84
2,050
3,582
1,204
72
2,360
3,135
1,264
54
1,871
3,037
1,164
68
1,872
+14.0 +17.9
+9.4
+3.4
-14.3 +5.9
+15.1 +26.1
17, 427
6,782
301
10, 643
18, 038
6,515
451
11, 496
+3.5
-3.9
+49.8
+8.0
783, 758
564, 328
85, 134
608, 455
446, 125
74, 150
695, 176
539, 757
76, 508
603, 019
473, 253
91, 842
681, 902
561, 529
91, 878
572, 037
489, 416
100, 619
568, 585
496, 451
93, 366
+13.1 +19.9
+18.7 +13.1
0.0 -1.6
3, 198, 330
2, 494, 450
539, 257
3, 372, 310
2, 584, 992
419, 512
+5.4
+3.6
-22.2
658, 647
748, 777
830, 515 2 869, 823
698, 855
702, 163
681, 296
-19.7
+2.6
589, 071
671, 674
738, 446 2 770, 212
587, 080
603, 798
574, 472
-23.8
+2.2
148, 790
59, 842
120, 492
49, 884
129, 334 2 125, 723
67, 345
53, 040
131, 116
64,418
126, 385
63, 160
117, 241
58, 154
671, 412
327, 599
655,455
294, 529
-2.4
-10.1
69, 576
77, 103
92, 069
2 99, 611
111, 775
98, 365
106, 824
11.97
.269
.129
11.64
.273
.128
11.01
.270
.130
10.51
.268
.128
9.45
.259
.129
11.74
.301
.145
13.29
.310
.159
1,740
819
207
921
1,496
669
136
829
1,558
719
140
843
1,486
690
118
800
2,044
1,076
259
971
1,502
698
124
801
1,717 +37.6
838 +55.9
130 +119. 5
885 +21.4
+19.0
+28.4
+99.2
+9.7
7,948
3,540
599
4,406
8,324
3,973
860
4,364
+4.7
+12.2
+43.6
-1.0
44, 161
44, 292
40, 510
40, 943
41, 544
42, 737
37, 545
38, 641
37, 731
38, 248
40, 318
41, 247
36, 728
37, 362
+0.5
-1.0
+2.7
+2.4
208, 287
208, 827
201, 491
204, 861
-3.3
-1.9
4,447
4,074
2,940
2 1, 862
1,414
2,393
1, 697
-24.1
6.41
12.47
7.78
13.24
8.00
15.06
7.78
15.81
5.90
14.85
8.53
13.53
7.05
14.20
-24. 2 -16.3
-6.1 +4.6
61, 791
59, 230
60, 951
2 58, 521
60, 857
48, 174
48, 033
Hogs and Pork
Hog movements, primary markets:
Receipts
thousands. _
Shipments, total
thousands. _
Shipments, stocker and feeder.. thousands..
Local slaughter
.
thousands ..
Pork products, total:
Inspected slaughter product. thous. of Ibs. _
Apparent consumption
thous. of lbs_.
Exports
thous of Ibs
Cold-storage holdings, total,
end of month
thous of Ibs
Fresh and cured in storage,
end of month
thous of Ibs
Lard (included in pork products) :
Production
thous of Ibs
Exports...
thous. of lbs__
Cold-storage holdings,
end of month
thous. of Ibs
Prices:
Hogs, heavy, Chicago dolls, per lOOlbs..
Hams, smoked, Chicago
dolls, perlb..
Lard prime contract N Y dolls per Ib
2
+4.3 +11.8
-4.3 +10.8
+12.2
+4.6
-10.1 -28.9
-3.4 -16.5
+0.8 -18.9
Sheep and Lambs
Sheep movement, primary markets:
Receipts
thousands
Shipments, total
thousands
Shipments, stocker and feeder. thousands..
Local slaughter
thousands
Lamb and mutton:
Inspected slaughter product. -thous. of lbs__
Apparent consumption
thous. of Ibs. .
Cold-storage holdings,
end of month
thous of Ibs
Prices:
Sheep, ewes, Chicago dolls, per 100 Ibs
Sheep, lambs, Chicago.. .dolls, per 1001bs._
2
-16.7
Miscellaneous Meats
Cold-storage holdings, end mo... thous. of Ibs..
+4.0
+26.7
Total Meats
Production, inspected slaughter.. thous. of lbs__ 1, 271, 850 1, 050, 446 1, 173, 290 1, 062, 230 1, 169, 015 1,062,497 1, 062, 888
714, 343
676, 781
Cold-storage holdings, end mo... thous. of lbs._ 750, 563 822, 998 879, 496 2893,523 899, 670
991, 101
998, 968
Apparent consumption
thous. of Ibs _ .1, 057, 247 894, 920 1, 029, 463 2 948, 077 1, 063, 111
+10.1 +10.0
+0.7 +32.9
+12.1 +6.4
5, 618, 130
5, 726, 831
+1.9
4, 945, 331
4, 992, 818
+1.0
94, 095
96,543
+2.6
Poultry
thous. of lbs_.
27,704
18,949
15, 777
13, 956
20, 157
13, 992
16, 519
+44.4 +22.0
thous. of Ibs..
144, 076
129, 510
104, 697
2 77, 282
61, 488
52, 783
42,808
-20.4
Total catch, prin. fishing ports.-thous. of Ibs.. 18, 140
Cold-storage holdings, 15th of mo.thous. of Ibs.. 58, 655
Canned salmon:
Shipments, United States
cases
482, 140
Exports, Canada
.cases.. 106, 145
2
Revised.
19, 349
48,684
:
28, 610 20, 556
' 34, 887 2 24, 731
25, 171
29,805
18, 539
16, 154
22, 220
21,540
+22.5 +13.3
+20. 5 +38.4
92, 910
111,826
+20.4
368,071
126, 594
64, 590
152, 126
40, 310
177,464
27, 148
+20.8 +137. 9
358,443 |
417,246
+16.4
Receipts at five markets
Cold-storage holdings,
end of month
_
+43.6
Fish
490, 107
66,467
53, 450
40
TREND OF BUSINESS MOVEMENTS—Continued
1927
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
PER CENT INCREASE (+) OR
DECREASE (— )
1936
March
April
May
April
May
May,
1927,
from
Apr.,
1927
93, 142
38, 375
109, 259
45, 210
120, 770
48, 279
227, 614
63, 710
115, 060
45, 501
147, 758
54,464
+88.5 +54.0
+32.0 +17.0
7,952
135, 997
.52
3,044
154, 276
.51
23,436
165, 822
.50
25, 340
17, 527
159, 097
.39
30, 561 +637. 5
184, 452
.41 -14.0
-17.1
25, 962
14, 916
36, 145
54,072
4,788
370
3,404
29, 241
14, 872
42, 985
47, 840
7,824
346
3,191
29,401
16, 923
38, 212
245,616
6,923
327
1,117
40, 918
21, 301
47, 686 +39.2
14, 973 +25.9
44, 059
52, 167 +11.5
+2.2
5,165
-9.2
351
3,280 +134. 5
-14.2
+42.3
50,858
7,072
297
2,619
37, 681
15, 531
39, 646
47, 450
4,872
348
1,303
39, 382
.26
35, 193
.25
» 32, 487
.24
35, 780
.24
35, 597
.21
39, 346
,21
+10.1 -9.1
0.0 +14.3
1,176
92
1,997
1,868
2,729
5, 501
2,523
9,096
2,087
3,735
2,251
7,236
-7.5 +12.2
+65.4 +25.7
26, 053
33, 272
52, 053
71,408
25, 739
34, 815
+37.2 +105. 1
12, 418
7,782
10, 935
7,812
14, 608
29,721
26, 709
15, 062
19, 082
10, 829
26, 068
15, 701
+82.8
+54.9
+2.5
-4,1
7,054
3,619
2,853
5.72
5,378
3,881
2,974
5.75
8,317
3,689
2,761
5.84
21,706
5,206
3,642
5.93
14, 424
4,768
3,685
5.92
20, 439 +161.0
7,073 +41.5
2,813 +31.9
+1.5
5.86
+6.2
-26.4
+25.9
+1.2
49, 940
47,476
58, 433
106, 484
98, 414
111,659
+82.2
-4.6
10, 150
4,331
4.50
9,346
6,232
4.50
8,531
7,054
4.58
48, 894
7,305
4.63
76,465
9,261
4.36
79, 518
6,963
4.34
118, 309
170, 881
177, 450
241, 297
160, 154
6,710
254
6,601
171
6,535
336
9,064
387
7,286
285
106, 156
15, 522
99,019
18,140
113,200
17, 976
108, 761
16,800
105, 161
18, 231
111, 118
25,468
24,623
27, 794
26, 458
27,685
30, 499
January
February
May,
1927,
from
May,
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
Per ct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
1926
1927
556, 503
224, 973
645, 131
233, 279
+15.9
+3.7
FOODSTUFFS— Continued
Butter
Production (factory).
_
thous. oflbs
94, 346
Receipts, 5 markets
thous of Ibs
37, 705
Cold-storage holdings, creamery,
end of month
thous of Ibs
17, 952
Apparent consumption
thous of Ibs
145, 906
Wholesale price, New York*
dolls, per lb__
.50
Cheese
Total, all varieties:
Production (factory)
thous of Ibs
23, 323
Receipts, 5 markets.
thous. oflbs.. 12, 706
Apparent consumption
thous. of Ibs.. 36, 616
Cold-storage holdings
thous. of lbs_. 62, 136
Imports
thous. oflbs..
5,608
356
Exports, United States
thous. oflbs..
3,209
Exports, Canada
thous of Ibs
American whole milk:
Cold-storage holdings,
end of month
thous of Ibs
46, 026
.26
Wholesale price, New York* . dolls, per lb__
Eggs
970
Receipts, 5 markets
thous. of cases
253
Cold-storage holdings
thous of cases
Frozen, cold-storagef holdings,
31, 207
2
.43
1
+4.9
-2.5
+36.9
-15.4
-20.2
i 597, 515
1
602, 001
+0.8
175, 651
73, 982
1 159, 713
148, 845
80, 718
J 153,958
22, 597
1,806
12, 379
32, 215
1,696
13, 540
-15.3
+9.1
-3.6
+42.6
8,055
9,395
+16.6
17, 650
14, 924
-15.4
-6.1
+9.4
Milk
Condensed milk:
Manufacturers' total stocks (end of
month) —
16, 594
Case goods
thous of Ibs
8,303
Bulk goods
thous of Ibs
Manufacturers' unsold" stocks (end of
month) —
11, 296
Case goods
thous of Ibs
3,388
Bulk goods
thous of Ibs
2,694
Exports
...thous. oflbs..
5.63
Wholesale price, New York. dolls, per case..
Evaporated milk:
Manufacturers' total stocks (end of
54, 888
month) case goods
thous of Ibs
Manufacturers' unsold stocks,
19, 084
case goods
thous of Ibs
5,554
Exports
thous. oflbs..
4.50
Wholesale price, New York. dolls, per case..
Production, condensed and
107, 581
evaporated milk
thous. of Ibs
Powdered milk:
9,638
Manufacturers' total stocks. -thous. of lbs_268
Exports
_
thous. of lbs__
Fluid milk:
Receipts—
Boston (includ. cream) _._thous. of qts_. 17, 002
Production—
Minneapolis, St. Paul
thous. of lbs._
Consumption in manufacture
of oleomargarine
thous. oflbs-.
6,287
Sugar
Raw:
Imports —
From Hawaii and Porto
Rico -.
_
long tons ._ 70, 187
163, 973
From foreign countries
long tons
Meltings, 8 ports _ . . .__ long tons, . 290, 613
Receipts, domestic, at New
Orleans
Refined:
Exports including maple
Prices:
Wholesale, 96° centrifugal,
N. Y
Retail, granulated, N. Y
Retail average, 51 cities
Cuban movement:
Receipts at Cuban ports
Exports
177, 791
34, 745
30, 476
-12.3
202, 091
+3.6 +4.9
+1.1 +6.7
+36.0 +19.4
734, 339
815, 518
+11.1
9,861
181
+35.6 -8.1
+15.2 +113.8
1,144
1,416
+23.8
i 64, 809
1 404, 387
i 68, 640
1 427, 136
+5.9
+5.6
1 110, 152
1
104, 343
-5.3
-9.3
+15.2
29, 934
32, 022
+7.0
709, 310
1, 945, 757
2, 227, 031
673, 807
1, 696, 946
2, 167, 394
-5.0
12.8
-2.7
6,262
7,042
6,518
5,913
5,690
5,134
142, 800
366, 551
362, 841
300, 858
157, 549
400, 544
553,004
321, 629
158, 556
417,332
482, 656
379, 210
144, 715
348, 546
478, 280
370, 898
183, 482
460, 240
464, 740
461, 857
172, 569
364, 473
452, 681
519, 595
-8.7
-16.5
-0.9
-2.2
-16.1
-4.4
+5.7
-28.6
+66.7
long tons..
1,404
123
46
30
50
136
362
-86.2
31, 122
1,653
-94.7
long tons
5,760
6,541
18, 295
15, 822
23, 574
11, 195
6,671
+49.0 +253. 4
50, 205
69, 992
+39.4
.051
.062
.068
136
.049
.060
.068
136
.048
.058
.067
135
.048
.058
.063
133
.048
.060
.063
133
.041
.052
.058
120
.042
.055
.060
122
0.0 +14.3
+9.1
+3.4
0.0 +5.0
0.0 +9.0
354, 890
227, 001
757, 373
595, 154
805, 868 1, 084, 038
360, 464
465, 263
336, 320
512,824
441, 653
397, 066
1,
442, 231
1,
452,
146
1,
357,
045
1,
449,
624
1,
310,
347
702, 733
-61.9 -36.0
-23.8 -6.6
-6.4 -5.9
3, 413, 379
2, 105, 296
3, 194, 213
1, 853, 907
-6.4
-11.9
298, 682
119, 672
125, 624
106, 988
126, 999
92,940
129, 064
85, 424
+8.8
626, 769
552, 223
4,605
1,014
4,385
903
1,006
4,318
765
1,007
4,261
806
899
4,322
743
982
4,464
694
761
4,387
583
748
-1.5
+1.4
-7.8 +27.4
+9.2 +31.3
4,661
5,021
+7.7
928
447
1,209
672
5,442
+0.3 +4.4
-0.4
2, 738
-8.1 1
' See table on p. 23 of the April, 1927, issue for earlier data.
f See table on p. 22 of the May, 1927, issue for earlier data.
5,212
2,805
-4.2
+2.4
dolls, perlb..
dolls, perlb-.
index number..
482, 152
long tons
long tons . 166, 044
Coffee
Imports
Visible supply:
W^orld
-
thous. of lbs__
thous of bags
Receipts, total, Brazil
...thous. of bags. . 1,127
Clearances:
1,214
Total, Brazil, for world
thous. of bags..
666
Total, Brazil, for U. S
thous. of bags..
1 Cumulative through Apr. 30.
2 Revised.
929
511
932
509
1,235
353
893
554
-26.8
-11.9
41
TREND OF BUSINESS MOVEMENTS—Continued
1937
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
PER CENT INCREASE (+) OR
DECREASE (— )
1996
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
|
January
February
March
April
May
April
May
Per ct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
May,
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
1936
1927
-9.9
+50.3
28, 442
29, 813
+4.8
+6.6 2, 465, 508 2, 453, 326
+17.7 35, 047, 745 38, 324, 009
-0.5
+9.3
FOODSTUFFS-Continued
Tea
Imports
Stocks, United Kingdom,
end of month.
thous. of Ibs..
8, 876
5, 585
5, 369
5, 251
4,732
4,891
3,149
thous. of Ibs -
222, 636
217, 413
194, 362
179, 315
158, 012
178, 565
163, 408
-11.9
TOBACCO
Consumption (tax-paid withdrawals):
Large cigars ...
thousands
466, 078
441, 696
528, 698
475, 980
540, 874
509, 133
507, 253
Small cigarettes
thousands 7, 269, 356 6, 609, 166 8, 026, 096 7, 880, 403 8, 538, 988 6, 972, 836 7, 257, 751
Manufactured tobacco
and snuff..
thous. of Ibs...
33,005
31, 874
35, 347
31, 561
33, 420
33, 891
34, 380
Exports:
Unmanufactured leaf
thous. of Ibs..
66, 337
46, 840
41, 669
35, 041
40, 366
43, 388
27, 431
Cigarettes
thousands
761, 026
611, 221
747, 967
468, 852
946, 711
893, 152
866, 705
Sales of loose-leaf , warehouses
thous. of lbs-_ 130, 006
118, 493
61, 319
8,076
2,180
15, 078
4,189
Price, wholesale, Burley good leaf,
dark red, Louisville
dolls, per lOOlbs..
21.00
21.00
21.00
21.00
18.00
25.00
22.60
+13.6
+8.4
+5.9
-2.8
174, 164
165, 207
-5.1
+15.2
+90.5
-73.0
+47.2
+3.1
-47.0
201, 024
4, 084, 169
239, 138
230, 253
3, 482, 218
320, 074
+14.5
-14.7
+33.8
-14.3
-20.4
i 9, 331
i 4, 804
i 2, 475
i 12, 157
i 9, 436
i 5, 125
* 2, 149
i 17, 271
+1-1
+6.7
-13.2
+42.1
i 207, 875
i 9, 032
i 198, 559
i 10,024
-4.5
+11.0
350, 946
501, 066
+42.8
2, 614, 418 3,452,947
689, 790
663, 087
8, 849, 483 10,218,977
+32.1
-3.8
+15.5
TRANSPORTATION
River and Canal Cargo Traffic
Panama Canal:
Total cargo traffic
thous. of long tons
2,242
2,534
2,230
2,430
2, 238
2,417
In American vessels. _ _ thous. of long tons._
1,216
1,149
1,350
1,410
1,157
1,369
In British vessels
thous. of long tons
478
641
539
491
626
289
Sault Ste. Marie Canals. _. thous. of short tons..
None.
None.
None.
4,698
12, 573
2,000
10, 157 +167. 6
New York State Canals, thous. of short tons
None.
169
None.
None.
285
None.
229 +68.6
Cape Cod Canal
short tons
50, 378
41, 945
52,081
54, 155
71, 208
70, 615
Suez Canal
thous. of metric tons.
2,305
2,724
2,209
2, 786
2,255
1,964
Welland Canal.
_ ...
short tons
None.
None.
None.
321, 670 1, 040, 748
None.
653,025 +223. 5
St. Lawrence Canal
short tons
None.
None.
None.
241, 070 1, 094, 346
744, 510 +354. 0
None.
Mississippi River, Govt. barges
short tons__
89, 610
85, 482
104, 301
121, 673
100, 000
72, 682
95, 605 -17.8
Ohio River, Pittsburgh, Pa., to
Wheeling, W. Va.._
short tons.. 621, 496
624, 697
765, 632
744, 400
696, 722
761, 947
852, 732
-6.4
Allegheny River
short tons
89, 242
85, 605
108, 433
184, 015
195, 792
202, 090
222, 395
+6.4
Monongahela River
short tons.. 1, 935, 879 2, 117, 558 2, 529, 828 1, 829, 631 1, 806, 081 1, 919, 679 1, 972, 767
-1.3
+23.8
+24.5
+59.4
+47.0
+4.6
-20.3
-12.0
-8.4
Ocean Traffic
Clearances, vessels in foreign trade:
Total
thous. of net tons
American
thous of net tons
Foreign
thous. of net tons__
5,153
1,818
3,335
4,745
1,734
3,011
5,147
1,882
3,265
6, 160
2,618
3,542
6,248
2,632
3,616
5,221
1,838
3,383
6,065
2,536
3,529
6,396
1,208
19, 374
15, 532
41, 869
26, 847
42, 752
33, 631
40, 030
31, 661
22, 874
18,096
16, 377
7,179
313
310
288
235
229
223
cars .
cars..
cars
259, 548
148, 742
62, 588
275, 153
141, 589
83, 252
248, 477
131, 844
68,417
259, 736
127, 432
90, 075
256, 448
133, 345
78, 148
276, 573
118, 419
115,205
cars..
cars..
cars..
164
2
85
125
None.
85
538
None.
466
19
8
1
10
None.
None.
12
None.
8
257, 956
135, 233
75, 253
•
None.
None.
None.
+1.4
+0.5
+2.1
+3.0
+3.8
+2.5
25, 455
9, 285
16, 170
27, 453
10, 684
16, 769
+7.8
+15.1
+3.7
-6.4 +144. 4
-5.9 +341.0
88,474
58,954
150, 421
108, 879
+70.0
+84.7
1976
i 1, 146
+17.4
-1.2 20, 919, 811 21, 352, 566
-0.8
906, 241
904,090
635, 498
626, 639
+4.0
-4.2 4, 154, 642 4, 467, 250
-7.5 1, 604, 254 1, 481, 423
+7.7
426, 619
482,984
5, 605, 822 5, 653, 499
-1.4
0.0 7, 588, 886 7, 734, 830
+2.1
+0.2
-1.4
+7.5
-7.7
+13.2
+0.9
+1.9
i 1,461, 122 11,489,486
i 329, 706 i 314, 155
i 1,974, 217 J 1,985,482
i 1,522, 852 11,529,053
i 299, 722 i 300, 199
1 148, 050 i 155, 391
+1.9
-4.7
+0.6
+0.4
+0.2
+5,0
Shipbuilding
Completed during month:
Total
gross tons
Steel seagoing
gross tons
Building or under contract, end of month:
Merchant vessels
thous. of gross tons
Freight Cars
Surplus (daily av. last week of month):
Total
.
Box..
Coal...
__
Shortage (daily av. last week of month):
Total
Box
_
Coal
_
Car loadings:
Total
.
Grain and grain products
Livestock.. _.
Coal and coke
Forest products _ _
Ore ....
Merchandise and 1. c. 1. _ ..
Miscellaneous _
cars
cars
cars
cars
cars
cars
cars
cars
-1.3
+4.6
-13.2
-0.6
-1.4
+3.8
-47.4
4, 524, 749 3, 823, 931 4, 016, 395 4, 890, 749 4, 096, 742 4, 791, 006 24,145,820 -16.2
220, 958
178, 387
160, 217
188, 152
158, 527
187, 589 2 159, 854 -15.7
153, 658
109, 265
110, 990
137, 048
115, 378
135, 275 2 110, 950 -15.8
1, 125, 448
903, 149
896, 527
852, 223
689, 903
883, 334 22 720, 312 -19.0
295, 924
275, 597
281, 834
344, 373
283, 695
378, 461 2 306, 817 -17.6
47, 240
42, 823
42, 923
111,719
238, 279
221, 205 +113. 3
75, 210
1, 187, 182 1, 009, 978 1, 070, 952 1, 335, 487 1, 049, 900 1, 317, 862 21,065,149 -21.4
1, 494, 339 1, 303, 007 1,454,677 1, 921, 747 1, 561, 060 1, 813, 275 21 561 533 -18.7
Railroad Operations
Operating revenue:
Freight
thous. of dolls.. 357, 840
Passenger..
thous. of dolls..
85, 975
Total operating
thous. of dolls_. 487,004
Operating expenses
thous. of dolls.. 387, 489
Net operating income
thous. of dolls..
61,579
Freight carried
__ mills, ton-miles..
39, 223
Pullman company operations:
Revenue
.thous. of dolls
7,086
Passengers carried,.
thousands. .
2,988
353, 857
74, 218
468, 994
361, 473
70, 045
37, 250
406, 399
76, 630
531, 056
395,423
94, 948
41,816
371, 390
77, 332
498, 428
384, 668
73, 627
37, 102
2 2370, 616
80, 673
2
500, 489
2
385,
783
2
75, 882
2 36, 300
385, 073
82, 783
517, 423
388, 763
88, 105
39, 833
6,458
2,738
i Cumulative through Apr. 30.
6,329
2,775
6,326
2,810
6,470
2,817
6,180
2, 583
2
Revised.
i 25, 852
i 11. 127
i1 26, 053
11.084
+0.8
-0.4
42
TREND OF BUSINESS MOVEMENTS—Continued
1927
The cumulatives shown are through
Mayf except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
January
February
March
PER CENT INCREASE (+) OR
DECREASE (— )
1926
April
May
April
May
May,
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
Per ct.
increase
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
1926
or decrease
^
(-)
cumulative
1927
from
1926
1927
TRANSPQRTATION-Continued
Railway Equipment
Locomotives (Am. Ry. Assn.):
Owned, end of month
number-- 62, 387
62,275
62, 173
-0.1
62, 333
62, 239
63, 352
63, 440
Tractive power
mills, of Ibs.
2,611
2,611
2,612
2,615
2,616
0.0
2,597
2,598
In bad order, end mo
number
9,030
9,256
9,334
8,915
+1.3
9,548
9,831
9,266
Per cent of total in use
per cent_.
14.9
14.7
15.4
15.1
+1.4
14.5
14.7
15.6
Installed during month
number. .
145
148
174 -20.9
160
142
187
189
Retired during month
number
213
210
214
201
262
-4.5
223
295
Ordered from manufacturers
- .number _
184
26
85
70
251
50 +581. 5
27
Unfilled orders (railroads) —
From manufacturers
number
262
232
251
210
559
520 +34.2
187
In railroad shops
number. _
44
34
56
40
92 +33.3
95
30
Shipments (Census)—
Total
__
.number..
57
109
80
137
98
151
140 +11.2
Domestic—
Steam
number-16
77
+6.9
69
84
72
122
105
Electric _
number. .
8
11
10
15
12
14 -34.8
23
Unfilled orders, end of monthTotal
number
428
405
385
713
396
327
726 +30.9
DomesticSteam
number
334
314
301
380
255
580
585
H9. 0
Electric
number
16
22
48
28
44
35
46 -20.0
Exports, stearn
-.nuniber..
41
9
9
47
10
15 -b\ 3
15
Freight cars (Am. Ry. Assn.):
Owned end of month
cars 2, 335, 923 2, 334, 917 2, 332, 756 2, 332, 184 2, 333, 058 2, 348, 148 2, 345, 091
0.0
Capacity
mills, of Ibs
211,488
211,495
211,421 210, 966 211, 049
211,649
211, 477
-0.1
In bad order, en mo
_ cars
136, 847
147, 449
+8.9
138, 292
130, 470
135, 458
159, 845 168, 498
Per cent of total in use
per cent
5.9
5.7
5.9
6.5
6.9
6.1
7.3 +10.2
Ordered from manufacturers
cars
5,253
4,378
17, 196
4,185
3,362
5,622
435 +30.2
Shipments by manufacturersTotal
cars
4,449
3,209
3,023
5,570
9 257
8,170
Domestic.._
_cars_.
3,009
3,160
4,445
5,562
8,130
9^207
Unfilled orders (railroads)—
Total
cars
27, 069
26, 717
23, 666
28, 426
26, 305
43, 582
40, 003
From manufacturers
_.
cars. . 17, 209
18, 255
17, 395
18, 217
15, 122
34, 839
31, 437
In railroad shops
cars
9,322
8,544
9,860
10, 171
8,088
8,743
8,566
Passenger cars:
Ordered from manufacturers
cars. .
314
212
52
246
6
230
30 +766. 7
Shipments by manufacturers —
Total
--.- cars. .
86
88 . _
60
225
56
208
Domestic
cars
42
71
55
88
225
196
-1.9
+0.7
-2.5
0.0
-14.9
-18.7
+268. 0
933
1,190
578
782
1,061
392
-16.2
-10.8
-32.2
-22.1
742
481
-35.2
-26.7
+7.1
565
70
318
67
-43. 7
-4.3
140
122
-12.9
36, 581
34, 374
-6.0
+73.3
736
830
+12.8
+9.4
+53.9
316, 727
31, 636
367, 427
56,418
+16.0
+78.3
i 102, 017
i 102, 300
U03,401
i 103, 817
+1.4
+1.5
i 16, 964
i 106, 622
92, 666
i 16, 306
i 105, 071
95, 997
-3.9
-1.5
+3.fi
i 233, 800
i 56, 588
i 256, 616
i 65, 388
+9.8
+15.6
-51.7
-56.5
-41.0
-35.0
-39.1
-33.3
-0.6
+0.2
-12.5
-11.0
Passenger Travel
National parks:
Visitors
Automobiles entered
Arrivals from abroad:
Immigrants _.
United States citizens
Departures abroad:
Emigrants
United States citizens
Passports issued
number
number
51, 972
6,359
58, 599
6,187
59, 597
6,887
56, 543
8,508
.number .
number
18, 804
16, 913
21, 695
25, 097
29, 868
32, 752
33, 034
29, 055
number
number
number..
3,928
21, 483
9,053
3,949
29, 732
9,381
4,244
27, 041
17, 556
4,185
26,815
27, 144
61, 634
15, 329
65, 679
16, 892
9,549
11, 873
1,336
10, 944
13, 489
2,297
105, 906
36, 267
108, 630
36, 691
756,806
833, 316
800, 722
6,081
2,196
3,885
2 6, 714
2 2, 584
2 4, 131
6,370
2,528
3,842
374
5,707
147, 600
402
2 6, 312
371
5,999
Employment in factories:
New York State
thousands..
485
494
491
Detroit
_
thousands
216
223
226
New Jersey (rel. to 1923) .. .index number-95
95
95
Pennsylvania (rel. to 1923) .index number. _
91
91
91
78
Delaware (rel. to 1923)
index number-77
79
Wisconsin (rel. to 1915) ..index number..
115.4
118.7
119.4
97.8
Illinois (rel. to 1922)
index number..
98.4
98.1
89.4
Massachusetts (rel. to 191 4). index number..
87.9
88.5
i Cumulative through Apr. J
487
226
94
88
74
117.3
97.5
86.5
140, 716
28, 477
58, 192
4,374
128, 629 +148. 9
18, 505 +234. 7
33,400
28, 931
33, 533
22, 719
4,989
26, 312
27, 239
5,861
28, 913
31,460
65, 163
16, 650
59, 521
14, 669
59, 699
13, 785
10, 636
13, 152
1,956
10, 564
12, 980
1,611
10, 615
13, 177
1,659
100, 904
33, 954
98, 381
32, 171
802, 890
810, 275
5,812
2,346
3,466
2 5, 849
2 2, 342
2 3, 507
i 23, 778
i 8, 539
1
15, 230
i 25, 895
i 9, 662
1
16, 234
383
5,429
139, 800
372
2 5, 477
131, 600
1,654
i 22, 124
1
509
251
91
93
85
123.4
101.5
92.6
498
245
89
92
82
121.7
101.1
90.2
32, 863
+21.1
+4.5
PUBLIC UTILITIES
Telephone companies:
Operating revenues
thous. of dolls. _ 64, 140
Operating income
thous. of dolls
16, 517
Telegraph companies:
Commercial telegraph tolls. thous. of dolls. . 10, 074
Operating revenue
thous. of dolls
12, 557
Operating income. _
thous. of dolls. .
1,338
Gas and electric companies:
Gross earnings
thous . of dolls. . 113, 157
Net earnings
___thous. of dolls. . 40, 018
Electric railways (212 companies) :
Passengers carried
thous. of persons- 831, 635
Electric power production:
Total
. mills, of kw. hours
6,730
By water power
mills, of kw. hours..
2, 354
By fuels
mills, of kw. hours
4,376
In street railways,
manfg. plants, etc mills, of kw. hours..
427
In central stations
mills, of kw. hours
6,303
Gross revenue sales.
.thous. of dolls. . 161, 200
802, 172
i1 42, 107
51, 656
1
6, 379
+0.2
-1.0
1
-2.1
-1.1
+8.6
41, 203
i 151, 071
6, 927
4, 013, 266 4, 024, 651
+0.3
+8.9
+13.2
+6.6
1,574
24, 321
EMPLOYMENT AND WAGES
480
206
94
88
72
115.2
96.9
85.0 1
-1.4 -3.6
-8.8 —15.9
0.0 +5.6
0.0 -13
2.7 -12.2
-1.8 -5.3
-0.6 -4.2
-1.7 -5.8
2 Revised.
|l
-4.8
+9.9
43
TREND OF BUSINESS MOVEMENTS—Continued
1937
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
January
February
PER CENT INCREASE (+) OR
DECREASE (— )
1938
March
April
May
April
May
14, 215
268.1
107
89
84
14, 010
259.3
107
87
82
14, 691
298.7
96
90
93
14, 299
285.3
95
89
88
69
May,
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
1936
1937
Per ct.
increase
( }
or tdecrease
(-)
cumu
lative
1927
from
1926
EMPLOYMENT AND WAGES— Con.
Total payroll:
New York State
.
thous. of dolls. .
Wisconsin (rel to 1915)
index number
New Jersey (rel. to 1923) . _ .index number. .
Pennsylvania (rel. to 1923). .index number. .
Delaware (rel to 1923)
index number
Ohio construction employees
(rel to 1923)
index number
Federal civilian employees, Washington D C end of month
number
Average weekly earnings (State reports):
Illinois factory labor*
dolls
New York State, factory labor...
dolls..
Wisconsin, factory labor*.. _
..dolls. .
Massachusetts (rel. to 1914) .index number. .
New Jersey (rel. to 1923) . . .index number. Pennsylvania (rel to 1923) index number
Delaware (rel. to 1923)
index number. .
Average weekly earnings (National Industrial
Conference Board):
Grand total (both sexes)
dollars
Total male
dollars, .
Skilled male
dollars
Unskilled male
dollars
Total women
dollars - .
Average weekly hours:
Nominal (both sexes)
hours. .
Actual (both sexes)
hours. _
Wages of common labor, by geographic divisions:
IVEidd^e Atlantic
cents per hour
South Atlantic
cents per hour
East South Central
cents per hour
W^ost South Central
cents per hour
East North Central..
cents per hour..
West North Central
cents per hour. _
Mountain
cents per hour
Pacific
cents per hour
United States average
cents per hour
W^age rates U S Steel Corp cents per hour
Wages, steel workers, Youngstown
district
percent of base..
Applicants per 100 jobs, employment agencies:
United States average
number
Eastern States
number. .
Central States
number. .
Southern States
number. .
Western States
number..
14, 286
251. 2
107
87
87
14, 436
274.1
109
91
89
14, 714
273.0
109
91
87
62
69
66
265
59, 615
59, 502
59, 591
59, 772
28.23
29.52
24.58
178.3
109
102
104
28. 85
29.39
26.06
182.2
111
106
105
28.72
29.78
25.80
182.9
111
106
106
29.07
29.17
25. 81
183.5
1J1
106
106
27.26
29.57
30.93
24. 69
17.25
27.68
30. 17 ,
31.61
24.93
17.38
27.53
30.00
31.39
24.92
17.48
49.5
48.2
49.5
48.6
44
46
24
24
27
39
38
43
51
37
50
-1.4 -2.0
-3.3 -9.1
0.0 +12.6
-2.2 -2.2
-2.4 -6.8
+6.2
-15.9
-1.6
0.0
-1.1
-0.1
0.0
-2.8
+0.9
-1.1
+1.7
-3.5
+1.9
+4.7
0,0
+3.9
71
82
61, 211
61, 036
28.87
28.85
26.47
180.3
105
103
104
28. 92
28.69
26.45
179.9
106
103
103
27. 39
30.03
31.50
24.60
17.39
27. 26
29.87
31.50
24.01
17.38
27.13
29.61
31 21
23.91
17.09
49.6
48.5
50.4
48.1
50.4
48.5
49.9
48.1
50
50
39
24
32
44
37
41
53
41
50
51
51
32
24
26
39
37
42
52
39
50
49
47
25
25
34
38
38
43
52
39
50
49
46
27
24
26
37
38
45
50
38
50
54
46
27
24
28
40
37
45
52
39
50
50
44
29
25
27
37
36
44
53
38
50
133.0
133.0
128.5
128.5
125.5
131.5
133.0
160
156
203
146
78
158
162
191
155
72
137
146
165
125
67
2119
62
118
121
137
119
61
126
114
157
137
62
115
113
138
103
56
-0.8 +2.6
-0.8 +7.1
-2.1 -0.7
+7.2 +15.5
-1.6 +8.9
41.4
23.4
12.3
5.7
35.0
38.8
22.1
10.6
6.1
37.3
45.9
33.1
6.2
6.6
45.2
45.7
31.1
8.7
5.9
51.3
45.8
31.7
7.8
6.3
35.3
60.8
46.4
6.1
8.5
52.3
50.6
37.8
5.9
7.1
60.0
+0.2 -9.5
+1.9 -16.1
-10.3 +32.2
+6.8 -11.3
-41.2
-31.2
39, 458
35, 237
22, 080
13, 157
39, 019
35, 150
20, 966
14, 184
48, 186
41, 147
23, 254
17, 893
46, 965
40, 648
24, 091
16, 557
38, 860
33, 742
19, 994
13, 748
44, 064
38, 841
22, 998
15, 843
38, 408
33, 724
19, 339
14, 385
-17.3
-17.0
-17.0
-17.0
+1.2
+0.1
+3.4
-4.4
212, 645
186, 953
108, 347
78, 606
212, 488
185, 924
110,385
75, 539
-0.1
-0.6
+1.9
-3.9
29, 647
2, 223
16, 124
1,484
7,956
370
2,275
199
3,292
170
655
81
658
44
2,205
106
31, 963
2,244
17, 379
1,494
8,309
376
2,740
202
3,535
172
693
82
712
48
2,249
109
35, 575
2,261
19, 602
1,505
9,183
382
2,860
202
3,930
172
801
82
879
50
2,789
111
40, 775
2,281
22, 350
1, 515
10, 788
388
3,308
207
4,329
171
1,000
82
1,189
52
3,364
115
37, 533
2,300
20, 916
1,528
9,602
392
2,852
208
4,163
172
855
83
936
53
3,160
117
33, 780
2,104
18, 967
1,435
8,591
322
2,458
180
3,764
167
748
74
787
38
2,562
-8.0
+0.8
-6.4
+0.9
-11.0
+1.0
-13.8
+5.1
+8.8
+3.2
+6.0
+6.8
+20.6
+14.4
158, 891
175, 493
+10.4
88, 179
96, 371
+9.3
41, 003
45, 838
+11.8
11, 828
14, 035
+18.7
-3.8
+0.6
-14.5
+1.2
-21.3
+1.9
-6.1
+1.7
+5.5
+3.0
-1.4
+3.8
+16.6
+39.5
+10.2
+41.0
17, 881
19, 249
+7.7
3,449
4,004
+16. 1
3,627
4,374
+20.6
11, 755
13, 767
+17.1
81
35, 696
2,114
2 20, 264
1,442
8,993
325
2 2, 492
180
3,947
167
867
80
2
803
38
2 2, 867
83
97, 405
26, 608
92, 988
26, 696
108, 389
26, 618
106, 953
27, 002
107, Oil
27, 242
92, 205
24, 889
90, 215
25, 101
+0.1
+0.9
+18.6
+8.5
427, 693
512, 746
+19.9
8,195
741
7,888
742
8,739
8,075
7,474
8,768
7,370
-7.6 +9.6
742
728
-2.4 +20.1
746
625
606
*See table on p. 25 of the March, 1927, issue for earlier data.
36, 143
41, 665
+15.3
122
140
2111
28.60
29.18
25.52
183.4
111
103
107
I
_
.
...
0.0
-2.1
+8.0
-4.0
-2! 6
0.0
+4.7
-3.8
-2.6
0.0
-2.3
-2.0
+4.5
-6.9
-4.0
-3.7
...
o.o
+5.6
+2.3
-5.7
0.0
0.0
-5.6
Factory Labor Turnover *
(Percentages of number on pay roll)
Departures:
Total
per cent
Voluntary ouits
per cent
Layoffs
per cent
Discharges
per cent
Accessions
per cent
DISTRIBUTION MOVEMENT
,
Retail Sales
Mail-order houses:
Total sales, 4 houses _ thous. of dolls
Total sales, 2 houses
thous. of dolls
Sears, Roebuck & Co
thous. of dolls..
Montgomery Ward & Co.. thous. of dolls..
Ten-cent chain stores:
Total sales (4 chains) _ thous. of dolls
Total stores operated (4 chains). .number. .
F. W. Woolworth & Co thous. of dolls..
Stores operated
number
S. S. Kreske Co.
thous. of dolls..
Stores operated
number
McCrory Stores Corp
thous. of dolls..
Stores operated
number
S H Kress & Co
thous. of dolls
Stores operated
number
Metropolitan
thous of dolls
Stores operated
number
F. & W. Grand
thous. of dolls
Stores operated _. . __
number
W. T. Grant Co
thous. of dolls
Stores operated
number
Chain stores:
GroceriesSales
thous. of dolls..
Stores operated
number
3 rugSales
thous. of dolls
Stores operated
number. _
2
Revised.
!
2
44
TREND OF BUSINESS MOVEMENTS—Continued
1936
1927
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
PER CENT INCREASE (+) OR
DECREASE (— )
j
January
February
March
April
May
April
May
May,
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
1926
1927
Per ct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
DISTRIBUTION MOVEMENT-Con.
Retail Sales— Continued
Chain stores— Continued.
CigarSales
thous. of dolls__
7,963
3,411
Stores operated
number
ShoeSales
_thous. of dolls
2,486
Stores operated
number
576
MusicSales
thous. of dolls..
852
Stores operated
number
61
CandySales.
thous. of dolls..
2,163
Stores operated
number
243
Restaurant chains:
Total sales (3 chains)
thous. of dolls. . 4,896
352
Stores operated
number
Average per store
dollars
13, 909
Childs Co., sales
thous. of dolls. .
2,537
Waldorf System (Inc.),
sales
thous. of dolls..
1,134
J. R. Thompson Co.,
sales
thous. of dolls. .
1,225
Other chain stores:
Isaac Silver & Bros ._ ...thous. of dolls
281
Stores operated
number. _
19
842
Hartman Corporation
thous. of dolls..
Stores operated
number
15
J. C. Penny Co
thous. of dolls..
6,236
Stores operated
number
671
United Cigar Stores Co
thous. of dolls. .
5,723
Stores operated
number
3,109
A. Schulte (Inc.)
_. thous. of dolls
2,204
Stores operated
number
294
Owl Drug Co
thous. of dolls..
1,318
Stores operated
number
95
8,110
3,398
9,077
3,404
9,274
3,414
9,309
3,406
8,886
3,288
9,489
3,282
+0.4
-0.2
-1.9
+3.8
41, 906
43, 733
+4.4
2,572
578
2,929
575
4,628
587
3,350
589
3,880
538
4,063
547
-27.6
+0.3
-17.5
+7.7
16, 081
15, 965
-0.7
888
63
976
63
938
62
794
62
1,000
59
982
59
-15.4
0.0
-19.1
+5.1
4,838
4,448
-8.1
2,361
245
2,618
253
3,117
258
3,621
271
2,745
249
2,670
251
+16.2
+5.0
+35.6
+8.0
12, 048
13, 880
+15.2
4,463
352
12, 679
2,319
4,903
353
13, 890
2,522
4,875
353
13, 810
2,443
4,720
353
13, 371
2,402
4,770
343
13, 907
2,455
4,818
342
14, 088
2,450
-3.2
0.0
-3.2
-1.7
-2.0
+3.2
-5.1
-2.0
23, 603
23, 857
+1.1
12, 060
12, 223
+1.4
1,026
1,138
1,234
1,096 •
1, 113
1,131
-3.1
5,565
5, 628
+1.1
1,118
1,243
1,198
],222
1,202
1,237
+2.0
-1.2
5,979
6,006
+0.5
311
19
1,152
16
7, 425
758
5,715
3,096
2,362
294
1, 253
96
388
20
1,168
17
9, 796
780
6,500
3,102
2,542
294
1,456
95
465
20
2,424
17
13, 508
781
6,652
3,112
2,592
294
1,413
94
410
20
1,903
17
11, 425
885
6,774
3,105
2,493
290
1,274
95
342
15
2,238
16
8,763
692
6,504
2,995
2,341
282
1,291
88
2346
15
2 2, 112
16
2 9, 798
694
6,945
2,993
2,502
278
1,253
88
-11.8
0.0
-21.5
0.0
-15.4
+13.3
+1.8
-0.2
-3.8
-1.4
-9.8
+1.1
+18.5
+33.3
-9.9
+6.3
+16.6
+27.5
-2.5
+3.7
-0.4
+4.3
+1.7
+8.0
1,441
1,855
+28.7
1,821
97, 140
2,210
90, 447
2,441
106, 700
2,720
112, 123
2,770
112, 108
2,620
2,571
114, 878 2 117, 040
+1.8
0.0
22, 953
5,352
1, 028
26, 718
5,593
1,107
29, 500
5,267
1,085
29, 785
5,622
1,460
32, 175
6,202
2,627
32, 609
6,193
1,275
1,257
905
2,239
315
148
26
184
1,370
1,275
116
2,720
922
3,102
202
274
37
161
1,439
1,300
65
3,153
923
3,983
537
306
294
103
1,214
1,235
162
3,057
894
4,336
389
1,412
492
186
968
1, 733
240
2,610
911
4,752
804
1,101
450
110
875
2,530
205
5, 312
31
3,395
6,688
104
3, 004
6,983
215
4,040
4,792
283
3,921
30, 394
29, 299
34, 590
3,317
3,284
3,572
10, 576
80, 473
10, 276
77, 680
3,303
34, 001
-11.2
7,800
7,489
-4.0
36, 982
48,390
+30.8
30, 934
31,364
+1.4
10, 765
12, 193
+13.3
6,366
6,714
+5.5
+7.7
-4.2
11, 486
538, 239
11, 962
518, 518
+4.1
-3.7
+8.0
+10.3
+79.9
-6.0
-6.8
+5.5
151, 476
32, 064
5,876
141, 131
28, 036
7,307
-6.8
-12.6
+24.4
2,850
925
4,920
383
1,261
492
124
872
2,119
287
2,715 -14.6
708
+1.9
5,016
+9.6
658 +106. 7
1,010 -22.0
617
-8.5
134
-40.9
915
-9.6
2,948 +46.0
285 -14.6
-3.9
+28.7
-5.3
+22.2
+9.0
-27.1
-17.9
-4.4
-14.2
-28.1
11,273
4,763
19, 512
1,995
3,353
1,589
811
5,655
8,928
924
12, 797
4,555
18, 412
2,247
3,241
1,299
744
5, 866
8,073
788
+13.5
-4.4
-5.6
+12.6
-3.3
-18.3
-8.3
+3.7
-9.6
-14.7
4, 547
205
4,246
6,005
336
4,567
5,084
204
4,782
-5.1
-27.6
+8.3
-10.6
+0.5
-11.2
32, 635
922
20, 176
28, 322
838
18, 606
-13.2
-9.1
-7.8
31, 750
29, 323
30, 851
28, 547
-7.6
+2.7
150, 056
155, 356
+3.5
3,338
3,082
3,234
2,985
-7.7
+3.2
16, 109
16, 593
+3.0
12, 715
98, 572
11, 623
92, 019
10, 348
83, 189
11,411
87, 948
10, 634
83, 359
-11.0
-9.6
-2.7
-0.2
55, 100
419, 485
55, 538
431, 933
+0.8
+3.0
3, 158
32, 240
3,650
36, 394
3,378
34, 857
3,240
33, 931
3,218
32, 687
3,109
32, 650
-4.1
-2.7
+4.2
+3.9
15, 994
162,418
16, 729
171,423
+4.6
+5.5
180, 048
1,397
206, 283
1,505
242, 606
2,040
247,479
1,936
177, 403
1,442
249, 618
1,881
206, 868
1,702
-28.3
-25.5
-14.2
—15 3
169
165
2200
199
178
176
Advertising
Magazine advertising
thous. of lines..
Newspaper advertising
thous. of lines. .
National advertising in newspapers:
Total
thous. of lines
Automobile advertising
thous. of lines..
Automobile accessories
thous. of lines _ _
Cigars, cigarettes, and
tobacco
thous. of lines. _
Financial
thous. of lines..
Food, groceries, beverages.. thous. of lines..
Hotels and resorts
thous. of lines
Household furniture
thous. of lines..
Men's clothing
thous. of lines. _
Musical instruments
thous. of lines. _
Radio and electrical
thous. of lines..
Railroads and steamships
thous. of lines _
Shoes
thous of lines
Toilet articles and medical
preparations
thous . of lines. _
Women's wear
thous. of lines
Miscellaneous
thous. of lines. .
34, 219
6,654
2,489
Postal Business
Postal receipts, 50 selected
cities
.
.
thous. of dolls
Postal receipts, 50 industrial
cities
thous. of dolls
Money orders:
Domestic paid (50 cities)—
Quantitv
number
Value
. . . . .thous. of dolls..
Domestic issued (50 cities) —
Quantity
. _ number
Value
thous. of dolls
Wholesale Trade
Delinquent accounts, electrical trade:
Amount
dollars
Number of
firms
number
Iron, steel, and heavy hardware: *
Sales index
index number
Retail Trade t
Installment sales in New England department
stores:
Ratio to total sales
per cent..
2
Revised.
5.4
10.5
8.0
5.1
* See table on p. 26 of the March, 1927, issue for earlier data.
5.2
5.0
5.1
+2.0 +2.0
t See table on p. 26 of the April, 1927, issue for earlier data.
V
45
TREND OF BUSINESS MOVEMENTS—Continued
1927
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
PER CENT INCREASE (+) OR
DECREASE (— )
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
Per ct.
increase
or decrease
May,
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
227, 169 236, 209
205, 604 249, 584 246, 519 233, 729
787, 138 859, 630
767, 121 890, 560 851,905 902, 343
176
197
178
195
163
176
972, 901 1, 140, 322 1,098,600 1,136,269 1, 014, 470 1, 096, 034
-5.2
+5.9
+11.9
+3.4
-1.0
+5.0
+1.0
+3.7
1, 080, 621 1, 122, 896
3, 962, 616 4, 091, 219
919
900
5,044,137 5,215,034
+3.9
+3.2
+2.1
+3.4
918, 717 1,005,177 1, 206, 947 1, 127, 415 1, 166, 877 1, 075, 226 1, 135, 654
28, 991
30, 805
39, 815
66, 803
60, 919
32, 452
51, 967
675, 296 702, 309
576, 642 625, 988 740, 725 749, 923 699, 846
215, 504 235, 207
185, 292 207, 217 241, 701 227, 279 241,662
45; 683
45, 960
56, 458
80, 663
46, 119 104, 057
94, 445
971, 463 993, 974
856, 379 879, 324 1, 086, 483 1, 023, 162 987, 191
+3.5
+6.3
+2.7
—22. 6
5, 281, 272 5, 425, 133
238, 035
211,018
+2.7
-11.4
-6.7
+6.3
-0.6
-3.5
-0.4
+2.7
-19.1
-0.7
3, 259, 777 3, 393, 124
1, 082, 854 1,103,151
336, 264
348, 857
4, 691, 488 4, 832, 539
+4.1
+1.9
-3.6
+3.0
725, 781
226, 130
28, 012
979, 933
+9.8
+11.1
+10.2
+10.1
3, 483, 442 3, 643, 553
1,423,352 1, 533, 611
800, 528
748, 317
528,091
539, 237
421, 202
433, 878
360, 121
338, 658
201, 578
184, 183
+4.6
+7.7
+7.0
-2.1
-2.9
+6.3
+9.4
156, 466
114, 720
7,266
+8.5
+3.3
+10.0
January
February
March
April
May
April
May
1926
1927
cumulative
1927
from
1926
BANKING AND FINANCE
Life Insurance
(Association of Life Insurance Presidents)
Policies, new (45 companies):
Ordinary
number of policies. .
Industrial
number of policies. _
Group
number of contracts. .
Total number of policies and contracts-Policies and certificates issued:
Total policies and certificates
number..
Group insurance certificates. .certificates. .
Amount of new insurance (45 companies) :
Ordinary
thous. of dolls
Industrial
thous. of dolls
Group
thous. of dolls..
Total insurance
thous. of dolls
Premium collections (45 companies) :
Ordinary
thous. of dolls
Industrial
thous. of dolls
Group
thous. of dolls
Total
thous. of dolls
Admitted life insurance assets (41 companies):
Grand total
_
.mills, of dolls. _
Mortgage loansTotal
.mills, of dolls..
Farm
__ .mills, of dolls .
All other.. _
mills, of dolls..
Bonds and stocks (book value)—
Total
mills, of dolls..
Government
mills, of dolls .
Railroad
mills, of dolls..
Public-utility
mills, of dolls. .
All other
mills, of dolls..
Policy loans and premium
notes
mills, of dolls..
Other admitted assets
mills, of dolls..
187,460
679, 290
192
866, 942
135, 395
45, 920
7,065
188, 380
135, 969
43, 286
4, 803
184, 058
159, 168
45, 534
5,774
210,476
149, 993
45, 640
5,427
201, 070
10, 529
10, 606
145, 256
45, 750
4,943
195, 949
139, 123
40, 763
3,240
183, 126
131, 553
40, 299
4,251
176, 103
10, 713
10, 812
9,717
9,800
4,587
1,592
2,995
4,686
4,637
1,604
1,599
3,038 ' 3,082
4,722
1,611
3,111
4, 073
1,552
2,521
4,121
1,560
2,561
3,987
919
2,173
764
131
4,002
918
2,173
775
136
4,033
921
2,183
792
137
4,067
917
2,204
806
140
3,846
996
2,091
650
109
3,865
979
2,104
672
110
1,240
715
1,252
715
1,268
726
1,282
741
1,152
646
1,163
651
Sales of ordinary life insurance (81 companies) :
United States total
thous. of dolls ._ 601, 985
Eastern manuf. district.thous. of dolls.. 257, 734
Western manuf. district. thous. of dolls.. 133, 912
Western agric. district.thous. of dolls.. 86, 167
Southern district
thous. of dolls . 66, 112
Far western district
thous. of dolls.. 58,060
Canada total, 15 companies.thous. of dolls.. 36, 986
Banking
673, 855
293,294
145, 932
95,686
77, 258
61,685
35, 525
836, 995
356, 736
183, 761
121,369
92, 094
83,035
42,883
778, 451
316, 582
173, 372
114, 529
93,904
80, 064
41,631
743, 635
301, 053
156, 590
119, 914
94, 449
71, 629
37, 346
735, 724
299, 463
152, 382
116, 090
93, 816
73, 973
37, 703
-3.2 +10.4
+0.2 +13.5
-8.9 +16.3
-2.5 +11.3
660, 970
203, 454
25, 419
889, 843
(Life Insurance Sales Research Bureau)
752, 267
309, 265
163, 551
110, 340
91,834
77, 277
44, 553
Debits to individual accounts:
New York City
mills, of dolls
34, 492
31, 270
26, 571
31, 258
27, 439
32,007
29, 300
Outside New York City
mills, of dolls.. 23,457
22, 875
21, 426
24,028
23,579
22, 512
20, 781
Bank clearings (Canada)
mills, of dolls ._
1,645
1,403
1,454
1,443
1,473
1,417
1,251
Federal reserve banks:
Bills discounted
mills, of dolls..
474
435
456
444
497
514
365
Notes in circulation
mills, of dolls. _
1,717
1,711
1,740
1,662
1,673
1,688
1,718
Total investments
mills, of dolls
593
593
601
645
602
562
607
Total reserve..
..mills, of dolls..
3,154
3,144
3,183
3,207
2,954
2,975
3,133
Total deposits
mills, of dolls..
2,367
3,245
2,290
2,328
2,314
2,242
2,243
Reserve ratio
..per cent
78.5
78.8
76.8
79.6
79.5
75.7
76.0
Federal reserve member banks:
Total loans and discounts.. .mills, of dolls. _ 14,200
14,297
14, 359
14, 625
13, 949
14, 353
13, 874
Total investments.
mills, of dolls
5,914
5,662
5,924
5,977
5,576
5,705
5,540
Net demand deposits. _
mills, of dolls.. 12, 879
13, 414
12, 904
13,006
13, 041
12, 829
12, 917
Brokers' loans, end of month:
To New York Stock
Exchange members
thous. of dolls.. 3, 138, 786 3, 256, 459 3, 289, 781 3, 341, 210 3, 457, 869 2, 835, 719 2, 767, 401
By New York F. R. member
banks
.thous. of dolls. .2,731,940 2, 813, 045 2, 803, 312 2, 882, 994 3, 061, 891 2, 463, 697 2, 431, 505
Interest rates:
New York call loans
per cent-4.13
4.34
4.31
4.28
4.10
3.97
4.38
Commercial paper 4-6 mos
per cent—
3.98
4.13
4.13
3.88
4.06
4.20
4.00
N. Y. Fed. Res. Bank
percent..
4.00
4.00
4.00
4.00
4.00
3.50
3.90
Federal land banks
per cent. .
5.25
5.25
5.25
5.25
5.25
5.25
5.25
Intermediate credit banks
per cent
4.50
4.50
4.50
4.50
5.00
4.50
5.00
-3.4 +2.2
-2.3 +3.3
-5.7 +7.3
-3.7 <-5.0
-2.2 -2.1
-3.5 +4.5
+7.0 +18.2
-2.3 +17.7
-3.0 +6.8
+11.7 +17.2
+11.9
+1.3
+5.5
—1 7
+2.3
-3.4
+1.9
+0.9
+2.9
144, 228
111, 075
6,606
+4.9
+4.0
-8.1
+6.0
+5.5
+1.1
+5.4
+4.8
+3.8
+3.5 +25.0
+6.2 +25.9
-0.7
+1.7
0.0
0.0
0.0
+8.6
+3.3
+14.3
0.0
-10.0
+0.2
+8.3
Savings Deposits
New York State savings
banks, end of month
thous. of dolls.. 3, 888, 740 3, 903, 214 3, 973, 202 3, 963, 170 3, 972, 408 3, 668, 819 3, 667, 580
Public Finances
Government debt, gross
Customs receipts
Total ordinary receipts
Expenditures chargeable to
ordinary receipts
Money in circulation:
Total
Per capita
mills, of dolls.. 19, 170
thous. of dolls.. 44, 695
thous. of dolls.. 169, 583
19, 153
43,379
165, 735
19,008
52, 753
659, 116
18,941
51, 253
190, 380
18,874
45, 615
170, 370
20, 069
47, 936
194, 713
20,063
42,707
183, 520
-0.4
-11.0
-10.5
-5.9
+6.8
-7.2
237, 695
239, 548
1,401,433 1, 355, 184
-6.8
-3.3
thous. of dolls.. 304,254
158, 506
330, 329
310, 511
213, 028
336,867
250,869
-31.4
-15.1
1, 438, 700 1, 316, 628
-8.5
4,779
41.03
4,758
40.81
4,784
40.99
4,786
40.97
4,854
42.11
4,871
42.21
0.0
0.0
-1.7
-2.9
mills, of dolls..
dollars..
4,7J3
40.51
46
TREND OF BUSINESS MOVEMENTS—Continued
1937
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
January
February
March
PER CENT INCREASE (+) OR
DECREASE (— )
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
April
May
April
May
May,
1927,
from
Apr.,
1927
May,
1927,
from
May,
1926
1996
1927
247, 063
Per ct.
increase
(}
t
or decrease
(-)
cumu«
lative
1927
from
1926
BANKING AND FINANCE— Continued
Business Failures
Liabilities (United States):
Total commercial
...thous. of dolls..
Manufacturing
establishments
thous. of dolls_.
Trade establishments ._ thous. of dolls ...
Agents and brokers
thous. of dolls. _
Liabilities (Canada)
thous. of dolls, .
Firms (United States) :
Total commercial
- .number. _
Manufacturing
establishments
_ .number. .
Trade establishments
number. .
Agents and brokers
number
Firms (Canada)
-number--
51, 290
46, 941
57, 891
53, 156
37, 785
38,487
33, 543
-28.9
+12.6
180, 480
19, 996
24, 530
6,764
2,954
10, 518
23, 406
13, 017
2,213
22, 368
28, 191
7,332
2,019
25, 278
22, 308
5,570
1,557
13, 802
19, 978
4,005
1,826
16, 734
19, 094
2,660
3,212
16, 157
15, 710
1,676
1,767
-45.4 -14.6
-10.4 +27.2
-28.1 +139. 0
+3.3
+17.3
69, 659
95, 256
15, 567
12, 563
2,465
2,035
2,143
1,968
1,852
1, 9,57
1,730
-5.9
+7.1
9,768
10, 463
+7.1
501
1,842
122
221
411
1,508
116
189
569
1,468
106
188
492
1,342
134
152
444
1,292
116
157
494
1, 378
85
153
437
1,216
77
158
-9.8
-3.7
-13.4
+3.3
+1.6
+6.2
+50.6
-0.6
2,357
6,996
415
907
2,417
7,452
594
907
+2.5
+6.5
+43.1
0.0
thous. of dolls.. 242, 350
+36.9
91, 962 +32.0
118, 413 +24.3
36, 688 +135. 7
10, 569 -15.9
Dividend and Interest Payments
(For the following month}
2
346, 870
460, 100
322, 706
365, 173
289, 800
341, 450
+13.2
+6.9
2, 124, 657
2, 317, 049
+9.1
87, 350
47, 600
31, 650
8,100
95, 250
55. 500
33, 850
5,900
104, 200
65, 475
27, 550
11, 175
67, 805
34, 150
26, 300
7,350
74, 475
43, 275
25, 450
5,750
64. 200
32, 500
24, 950
6,750
2 71, 450
2
41, 750
24, 575
5,125
+9.8
+26.7
-3.2
-21.8
+4.2
+3.7
+3.6
+12.2
576, 885
305, 125
167, 265
52, 795
607, 980
319, 000
175, 700
57, 475
+5.4
+4.5
+5.0
+8.9
Foreign governments
thous. of dolls.. 52, 383
Total corporation
thous. of dolls.. 610, 035
Purpose of issueNew capital
thous. of dolls __ 507, 503
Refunding
thous. of dolls . 102, 532
Kinds of issueStocks
thous. of dolls.. 108, 511
Bonds and notes
thous. of dolls.. 501, 524
Class of industry9,346
Railroads
thous. of dolls..
Public utilities
thous. of dolls __ 309, 084
Industrials
thous. of dolls. . 106, 350
Oil
thous. of dolls -_ 68, 588
Land and buildings
thous. of dolls.. 74, 381
Shipping and misc
thous. of dolls__ 40, 286
Bond issues (Canada):
Govt. and provincial
..thous. of dolls.. 35, 611
Municipal
- thous. of dolls __ 13, 988
7,494
Corporation..
thous. of dolls..
Tax exempt securities:*
Total outstanding, end of
15, 332
month
mills, of dolls
States and municipalities:
Permanent loans
thous. of dolls 2 174, 675
Temporary loans
thous. of dolls.. 30, 476
New incorporations
thous. of dolls.. 739, 730
74, 670
785, 649
84, 140
494, 373
121, 686
521,496
23, 000
711, 861
83, 100
442, 586
42, 000
453, 868
-81.1
+36.5
-45.2
+56.8
175, 372
2,405,592
355, 879 +102. 9
3, 123, 414 +29.8
540, 588
245, 061
392, 426
101, 947
389, 915
131, 581
446, 072
265, 789
331, 516
111. 070
441, 631 +14.4
12, 237 +102. 0
+1.0
2, 143, 315
262, 277
2, 276, 504
+6.2
846, 910 +222. 9
277, 978
507, 671
114, 507
379, 687
101, 403
420, 093
127, 464
584, 397
31, 733
410, 853
196, 423
257, 445
+25.7 -35.1
+39.1 +127. 0
707,339
1, 698, 253
729, 863
2, 393, 372
131, 872
374, 775
150, 115
2,700
55, 763
70, 424
89, 716
188, 212
50, 979
31, 500
58, 510
75, 081
57, 830
196, 731
58, 963
79,500
56, 294
71, 851
129, 225
255, 614
83, 288
75.100
41, 510
67, 124
61, 924
216, 932
51, 100
9,450
53, 533
48.498
17, 925 +123. 5 +620. 9
-7.0
274, 824 +29.9
51, 178 +41.3 +62.7
-5.5
3,500
50, 481 -26.3 -17.8
-6.6 +20.5
55, 710
181, 460
985, 086
510, 933
168, 487
260, 163
264, 400
640
1,842
13, 000
5,176
14, 625
2 10, 044
11, 531
31, 260
8,400
1,517
30, 100
5,735
50, 575
-16.4
-86.8
-3.7
-66.4
-77.2
140, 200
28, 742
80, 250
54, 695
34, 064
96, 479
-61.0
+18.5
+20.2
15, 553
15, 551
14, 734
14, 806
2 93. 504 2 125, 383
67, 501 2 67, 252
271, 448
307, 744
199. 377
117, 553
17. 630
72, 748
292, 280 1, Oil, 931
141, 006
35, 533
867, 366
+59.0
-73.8
+7.7
+41.4
-50.4
-66.3
597,698
334. 272
7, 343, 083
665, 700
304, 726
2, 554, 127
+11.4
-8.8
-65.2
thous. of dolls.. 1, 085, 170 1, 097, 642 1, 109, 354 1, 117, 914 1, 124, 055 1, 033, 045 1, 038, 385
Grand total
Dividend payments:
Total
Indus, and misc. corp
Steam railroads
Street railways
thous. of dolls ._
thous. of dolls..
thous. of dolls..
thous. of dolls __
New Security Issues
15, 475
72, 761
121, 867
942, 925
25, 000
6, 643
2,100
+3.2
+40.9
417, 989 +130. 3
1, 324, 416 +34.4
449, 695 -12.0
257, 388 +52.8
286, 458 +10.1
324, 766 +22.8
Agricultural Finances
Loans outstanding, end moFederal farm loan banks
639, 651
647, 762
656, Oil
614, 481
617, 220
587, 169
594, 028
+0.5
+0.4
+8.3
+3.9
93, 013
7,310
82, 424
6,815
78, 383
6,347
76, 895
5,220
5,050
81, 574
12, 564
78, 554
11, 870
-3.3
-57.5
dolls, per share..
175. 39
101. 55
115. 29
181. 06
105. 66
119. 69
188. 70
106. 58
120. 30
199. 99
110. 74
121. 65
209.83
113. 60
131. 18
144. 70
86.33
108. 94
146. 95
88.04
108. 13
+4.9
+2.6
+7.8
+42.8
+29.0
+21.3
dolls per share
109. 72
110. 36
110. 73
111. 36
111. 71
117. 79
115. 04
+0.3
-2.9
91.97
83.52
76.66
79.51
82.52
91.51
83.29
76.32
79.32
82.23
92.96
83.72
76.10
79.65
82.66
94.74
84.48
76.19
79.58
83.19
95.06
84.84
76.49
79.38
83.37
89.83
81.23
73.69
77.60
80.16
89.99
81.97
74.24
78.15
80.68
+0.3
+0.4
+0.4
-0.3
+0.2
+5.6
+3.5
+3.0
+1.6
+3.3
44, 163
56, 057
49, 636
46, 598
30, 224
23, 188
313, 565
45, 471
359, 036
290, 520
25,800
316, 320
303, 510
31, 163
334, 673
269, 232
28, 948
298, 180
226, 854
20, 857
247, 711
Federal intermediate credit
banks
.thous. of dolls..
War finance corporation thous. of dolls. _
Stocks and Bonds
Stock prices, average daily closing:
25 industrials, average
dolls, per share..
103 stocks, average
Southern cotton mill
stocks
Bond prices:
Second-grade rails. _p. ct. of par, 4% bond..
Public utilitv
T) ct of par 4% bond
Industrial
P ct of par 4% bond
Comb, price index-.p. ct. of par, 4% bond..
Stock sales:
N. Y. Stock Exchange thous. of shares.. 34, 757
Bond sales:
Miscellaneous
thous. of dolls.. 326, 065
Liberty -Treasury
thous. of dolls.. 25, 349
Total
...thous. of dolls.. 351, 414
* Revised.
282, 405
15, 288
297, 693
-6.1 +101.0
180, 002
231, 211
+28.4
+33.8
+49.4
+35.1
1, 224, 341
124, 529
1, 348, 870
1, 516, 065
143, 071
1, 659, 136
+23. 8
+14.9
+23.0
+4.5
+20.8
+5.8
> See table on p. 23 of the May, 1927, issue for earlier data.
47
TREND OF BUSINESS MOVEMENTS—Continued
Perct.
1927
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, " Survey "
PER CENT INCREASE (+) OR
1926
DECREASE (— )
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31
in-
crease
(+)
or de-
crease
January
February
March
April
May
April
May
May,
1927,
from
Apr.,
1927
(-)
May,
1927,
from
May,
1926
1926
1927
cumulative
1927
from
1926
BANKING AND FINANCE— Continued
Stocks and Bonds— Continued
( For 1st of following month)
5 Liberty bonds
p. ct. of par..
16 foreign government and
city__
p. ct. of par. _
Comb, price index, 66 bonds, .p. ct. of par-Municipal bond yield-- _
per cent. _
Long-term real-estate bonds issued:
Grand total .
thous. of dolls. _
Purpose of issueFinance construction__.thous. of dolls..
Real-estate mortgage... thous. of dolls..
Acquisitions and
improvements
thous. of dolls. _
Kind of structure—
Office and other
commercial
thous. of dolls ._
Hotels. _
_. .thous. of dolls..
Apartments
thous. of dolls. _
103. 31
103. 37
103. 62
103. 41
104. 14
102. 87
102. 78
+0.7
+1.3
105. 23
100. 38
4.08
104. 84
100. 27
4.08
105. 02
100. 71
3.98
104. 74
100. 67
3.95
105. 07
101. 03
3.95
102. 92
102. 83
99.43
4.12
+0.3
+0.4
0.0
+2.2
+1.6
-4.1
67, 960
48, 798
46, 840
49, 794
35, 520
42, 398
49, 754
-28.7
-28.6
237, 602
248, 912
+4.8
36, 767
17, 480
17, 443
9,630
11,900
11, 410
25, 912
13, 937
13, 740
9,165
20, 603
13, 110
18, 239
12, 615
-47.0
-34.2
-24. 7
-27.3
135, 417
44, 278
105, 762
61, 622
-21.9
+39.2
6,663
14, 700
18, 790
1,470
1,975
5,085
15, 480
+34.4
-87.2
33, 067
43, 598
+31.8
23, 295
18, 708
925
8,315
2,860
2,775
18, 177
11, 380
2,720
10, 070
600
4,833
7,875
-44.6
-94.7
+26.1
-65.5
-87.6
56 4
113,986
3,430
11,378
6,235
6,440
29, 191
3,780
78, 565
19, 815
24, 532
-31.1
-36.4
29 8
65, 999
779
22, 309
2,414
73, 822
861
16, 382
5,625
68, 531
824
2 14, 503
2,592
66, 956
859
34, 212
1,510
75, 336
803
13, 116
17, 884
69, 699
849
-2.3
+4.2
-3.9
+1.2
363, 362
-83.8
104, 231
38, 390
356, 085
4,163
146, 761
27, 031
+40.8
4,979
5,104
1,525
2 4, 712
21,716
4,770
+1.2
-17.8
-5.8
87
25, 396
7,601
24, 761
7,844
-2.5
+3.2
602
723
23,815
2 6, 824
.564
5,083
6,026
6,322
-61.6
-16.7
.579
212
1,023
4,308
6, 077
.553
.563
7,612
.644
-60.8
-13.1
+4.3
-24.0
-13.5
31, 359
41, 391
22, 206
32, 548
-29.2
-21.4
4.85
.040
.043
.139
.400
.267
.193
4.85
.039
.043
.139
.400
.267
.192
4.85
.039
.045
.139
.400
.268
.192
4.86
.039
.050
.139
.400
.268
.192
4.86
.039
.054
.339
.400
.268
.192
.488
.364
.488
.363
.491
.363
.484
.361
.998
.939
.117
.120
.998
.947
.118
.120
.999
.960
.119
.120
1, 768, 534
-10.5
4,050
11,827
GOLD AND SILVER
Gold:
Domestic receipts at mint fine ounces __ 80, 777
840
Rand output
thous. of ounces __
Imports
thous. of dolls.. 59, 355
Exports
.thous. of dolls.. 14, 890
Silver:
Production5,196
United States
thous. of fine oz__
Canada
thous. offineoz__ 1,459
8,559
Mexico
thous. of fineoz..
Stocks, end of month700
United States.
.thous. of fine oz_.
1,300
Canada
..thous. of fineoz..
5,151
Imports
---thous. of dolls..
7,388
Exports
thous. of dolls..
.558
Price at New York
dolls, per fine oz_.
1,733
6,930
207
391
3,849
6,233
99.38
4.12
2,935 +135. 9
9,343 -41.7
4,954
1,411
5,066
1,373
1,546
8,839
231
602
7,997
336
961
589
693
4,872
+33.2
7,931
.651
-11.7
-0.2
4.86
.034
.040
.037
.402
.268
.193
4.86
.032
.039
.031
.402
.268
.194
0.0
0.0
+8.0
0.0
0.0
0.0
0.0
0.0
+21.9
.471
.362
.466
.362
.470
.363
-2.7
+0.3
+0.2
-0.3
1.001
.962
.118
.120
1.001
.962
.118
.120
1.000
.908
.140
.121
1.001
.913
.147
.120
0.0
0.0
0.0
0.0
0.0
+5.4
-19.7
0.0
375, 447
346, 199
397, 912 2 320, 920
-7.8
+7.9
31, 133
34, 966
4,036
-2.0
+3.1
-29.6
FOREIGN EXCHANGE RATES
Europe:
England
.dolls, per £ sterling..
France...
dolls, per franc..
Italy...
dolls, per lire..
Belgium _
dolls, per franc..
Netherlands
dolls, per guilder..
Sweden
dolls, per krone..
Switzerland
dolls, per franc..
Asia:
Japan__
_
dolls, per yen..
India
dolls, per rupee..
Americas:
Canada
dolls, per Canadian doll..
Argentina
.dolls, per gold peso..
Brazil.
dolls, permilreis..
Chile
dolls, per paper peso..
+38.5
-0.5
0.0
-1.0
!
U. S. FOREIGN TRADE
Imports
Grand total
._
thous. of dolls. _ 2 356, 841 310, 877 379, 170
By grand divisions:
EuropeTotal-.
thous. of dolls.. 100, 619
91, 399
113,474
France
..thous. of dolls.. 12, 572
14, 195
14, 067
Germany.
thous. of dolls.. 15, 586
13,246
16, 367
Italy
thous. of dolls..
9,011
6,723
8,735
United Kingdom
thous. of dolls.. 21, 529
25, 763
33, 860
North America—
Total
_
thous. of dolls. _ 72, 396
79, 946
90, 934
Canada
thous. of dolls.. 37, 917
31, 972
38, 995
South America—
Total
. __
thous. of dolls
45, 053
44, 087
47, 437
Argentina
thous. of dolls..
7,547
6,700
8,380
Asia and Oceania—
Total.
thous. of dolls. 128, 253
88, 981
115, 668
Japan
thous. of dolls.. 36, 854
23, 264
33, 867
Africa, total.
thous. of dolls.. 10, 790
6,453
11, 787
By class of commodities:
Crude materials
thous. of dolls. _ 153, 157 114, 815 151, 255
Foodstuffs, crude, and
food animals
thous of dolls
44,089
42, 804
43, 061
Manufactured foodstuffs .. .thous. of dolls.. 26,960
39, 794
46,989
Semimanufactures
thous. of dolls.. 66, 018
52, 131
64, 597
Finished manufactures
thous. of dolls.. 66.887
61,322
73,396
* Cum ulative th rough Apr .30.
107, 294
13, 454
17, 817
11, 061
27, 757
86, 470
36, 159
1
79, 048
35, 144
1
349, 054
1
1
329, 746
145, 043
-5.5
-4.6
37, 542
1
220, 047
37, 793
1
183, 471
32, 015
-16.6
i 587, 720
128, 634
i 50, 730
i 457, 949
i 125, 824
i 38, 782
-22.1
-2.2
-23.6
+5.7
864, 979
707, 979
-18.2
+3.5
+19.6
+4.0
+10.7
224, 878
177, 181
350, 702
349, 050
210, 164
199. 949
310, 756
340, 073
-6.5
+12.9
-11.4
-2.6
24, 401
2 90, 928
38, 434
89, 461
8,771
14, 413
2 51, 628
125, 047
31, 839
9,752
2 139, 922
32, 309
110, 238
24, 810
2 128, 408
8,027
153, 039
135, 713
164, 896
43, 046
46, 810
64, 514
68, 038
37, 164
39, 396
63, 496
70, 430
47, 122
39, 248
70, 475
76, 171
1
7,420
46, 894
9,388
11,115
1
437, 809
51, 016
i1 67, 642
31,
928
1
142, 166
104, 808
11, 631
16, 710
2
7, 640
2
33, 178
2
2
1, 975, 789
1
6,933
1
1
4,740
2
35, 909
2 32. 929
2
61, 065
2
63, 609
2
152,101
-11.3
-13.7
-15.8
-1.6
+3.5
Rev sed.
412, 786
54, 288
-5.7
+6.4
-6.8
35, 530 +11.3
1
108, 909 -23.4
1
163,016
1
-ICO
48
TREND OF BUSINESS MOVEMENTS—Continued
1
Cumulative through Apr. 30.
2
Revised.
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