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UNITED STATES
DEPARTMENT OF COMMERCE
WASHINGTON

SURVEY OF
CURRENT BUSINESS
JULY, 1929
No. 95

ISSUED BY

BUREAU OF THE CENSUS

IMPORTANT NOTICE
In Addition to figures given from Government sources, there are also incorporated for completeness of
service figures from other sources generally accepted by the trades, the authority and responsibility for
tvhich are noted in the "Sources of Data" on pages 139-142 of the February, 1929, semiannual issue




U. S. G O V E R N M E N T P R I N T I N G OFFICE*

INTRODUCTION
The SUBV&Y OF CURRENT BUSINESS is designed to
present each month a picture of the business situation
by Betting forth the principal facts regaling the various lines of trade and industry. The figures reported
are very largely those already in existence. The
chief function of the department is to bring together
these data which, if available at All, are scattered
in hundreds of different publications. A portion of
these data are collected by Government departments,
other figures are compiled by technical journals, and
still others are reported by trade associations.
At semiannual intervals detailed tables are published giving, for each item, monthly figures for the
past two years and yearly comparisons, whete availably, back to 1913; also blank Iin03 sufficient for si^
months have been left at the bottom of each table;
enabling those who Care to do so to enter new figures
as soon as they Appear (see February, 1929, issue). In
the intervening months tbe more important comparisons oply are giVen in the table entitled " Trend of
business movements."

designed to show the trend of an entire ^group of
industries or for the country as a whole, instead of fcr
the single commodity or industry which the relative
number covers. Comparisons with the base year or
with other periods are made in the same manner as in
the case of relative numbers.
RATIO CHARTS

, In most instances the charts used in the SURVEY
OF CuRHteNT BUSINESS are of the type termed "Ratio
Charts" (logarithmic scale), notably the Business
Indicator charts on page 2. These charts show the
percentage increase and allow direct comparisons
between the slope of one curv£ and that of any other
curve regardless of its location on the diagram; that
is, a 10 per cent increase in an item js given the same
vertical movement whether its curve is near the bottom or ne^ar the top of the, chart. Th$ difference
between this anc|L the ordinary arithmetic form of
chart can be made clear by an, example. If a certain
item having a relative number of 400 in one month
increases 10 per ceat in the following month^ it$
WEEto SUPPLEMENT
relative number will, be 440, and on an ordinary
Realizing that current statistics are highly perish- "chart would be plotted 40 equidistant scale points
able and that Jto be of use they must reach the business higher than the preceding months. Another moveman at the earliest possible moment, the department ment with a relative number of, say, 50 also increases
has arranged to distribute supplements every week to 10 per cent, making its relative number 55. On the
spbscribers in th^ United States, $?he iupplements are ordinary (arithmetic) scale this item would rise only 5
usually mailed on Saturdays and give suet information equidistant points, .whereas the previous itetti rose 40
68' has been received during th^ week ending on the points,,yet each showed the same percentage increase*
preceding Tuesday. ^The monthly information conr The ratio charts avoid difficulty and give to each
tained in these bulletfris is republisned in the SURVEY, of tb§ two piovemenis Exactly the same vertical rise^
and tne supplements also contain charts and tajbles and hence the slopes of the ,two lines are directly comparable. Th6 ratio charts compare percentage changes,
oif weekly data.
while the arithmetic charts Compare absolute changes.

BEL4TIVE AND INDEX NUMBERS

RECORD BOOK

To facilitate comparison between different impor^As an aid to readers in comparing present data
tant items and to chayt series expressed in different with monthly statistics in previous years, the departunits, relative nunjiber^ (often called "index num- ment is compiling a RECORD BOOK ^ QF BUSINESS
bers," & term referring more particularly to a special STATISTICS, in Vhich data now carrie'd in the SURVEY
kind of number describe^ below) have been calcu- OB* CURRENT BUSINESS are shown by months as far
lated. Th© monthly average for 1923r1925 has back as 1909, if availably. Full descriptions of the
usually been used as a base equal to 100, ,
>
, figures and reports of how the data are used in actual
The" relative numbers are computed by allowing the practice by business firms are contained in the RECORD
monthly average foi* the base year or period to equal BOOK. The sections covering textiles, metals and fuels,
100. If the movement for a current month is greater automobiles, ajid rubber have already been issued and
than the base, the relative number will be greater than may be obtained for 10 cents per cop^ from the Super100, and vice verisa. The difference between 100 and intendent of Documents, Government Printing Office,
the relative number will give at once the pet cent Washington, D, G. (Dp not send stamps^) . Notices of
increase or decrease compared with the ba^e period. other sections will be given in the SURVEY as they are
Thua
a,relative number of 115 means an increase of 15 issued.
;
per cent over the base, period^ while a relative number
METHODS OF USE
of 80 means a decrease of 20 per 6ent from the b&se. 1
Methods of using and interpreting current'business
Relative numbers may also be used to calculate-the
approximate percentage increase of decrease in a mover statistics have been collected by the department
meat from one period to the next. Thus, if a Relative from many business concerns and! are described in a
number at one paonth is 120 and for a later month it booklet entitled "How to Use Currenlt Business
Statistics," together wi|bh tnethods of collecting stais 144 there has been an increase of 20 per cent,
, When two or more series of relative numbers are tistics. This boo}det jnay be obtained from the
, combined by a system of weightings, the resulting Superintendent of Documents, Government Printing
series is denominated an index number. The index Office, Washington, D. <X at 15 cents per £0py. (Do
number, by combining liiany relative numbers, is not send stamps.)
T/ils issue presents practically complete data fqr the month of Mqy an& contains text covering the early weeks
of June (page l)9 fo>r which the basic figures in table and chart form are presented regularly in the weekly supplements.
A& most data covering a particular month's business are not available iintil from 15 to 30 days after the close of the month,
a complete picture of that month's operations can not be presented at an early date, but the weekly supplements give
every week the latest data available.
, f



SURVEY OF
CURRENT BUSINESS
P U B L I S H E D BY

U N I T E D STATES D E P A R T M E N T OF C O M M E R C E
Subscription price of the SURVEY OF CURRENT BUSINESS is 31.50 a year; single copies (monthly), 10 cents, semiannual issues, 25 cents.
Foreign subscriptions, 32.25; single copies (monthly issues), including postage, 14 cents; semiannual issues, 36 cents. Subscription
price of COMMERCE REPORTS is 34 a year; with the SURVEY, 35.50 a year. Make remittances only to Superintendent of Documents,
Washington, D. C., by postal money order, express order, or New York draft. Currency at sender's risk. Postage stamps or foreign
money not accepted

No. 95

WASHINGTON

July, 1929

CONTENTS
INDEX BY SUBJECTS

SUMMARIES

Preliminary summary for June
_ _
Business conditions in May _
Monthly business indicators (table and chart)
Wholesale prices (table and charts)
Indexes of business _
__
Automobiles, building, mining, manufacturing (chart) _ _ .
Electric power, transportation (chart)
Check payments and retail trade (chart)

Page
1
4
2,3
6,7
15
8
8
8

NEW DETAILED TABLES

Passenger-car and motor-truck registrations
Debits to individual accounts
Indexes of market values of common stocks
Trading in foreign bonds

18
19
22
22

Textiles.. .__

.

_ .

Text
page

9

in
Fuels
Automobiles and rubber
Hides and leather .
Paper a n d printing _ _ _ _ _
Building construction and housing
Lumber products
Stone, clav, and glass products
Chemicals and oils. _
Foodstuffs and tobacco
Transportation and public utilities
Employment and wages
Distribution movement (trade, etc.)
Banking, finance, and insurance
Foreign exchange and trade

11
11
12
12
12
13
14
5
14
14
14

Table
page

23
24
29
28,30
31
31
32
33
35
35
37,41
41,42
43
44
45
48

PRELIMINARY SUMMARY FOR JUNE
Commercial and industrial activity in June, as seen
from data covering the early weeks of the month,
were on a higher plane of activity than at this time
last year. Check payments, indicative of the volume
of trade, were running substantially greater than a
year ago. Operations in steel plants, usually considered a measure of industrial conditions, were more
than 25 per cent more active than in June a year ago.
Distribution of commodities through primary channels,
as indicated by figures on car loadings, was likewise
greater than in the early weeks of June, 1928.
The general level of wholesale prices averaged
higher than in May, but were still below the level of
last year. Prices for iron and steel averaged lower
than in the preceding month, but were higher than a
year ago. Cotton prices showed lower averages than
in either period, while prices for copper showed no
appreciable change from the preceding month, but
were substantially higher than a year ago.
 68183—29 1


The output of bituminous coal was considerably
larger than a 37ear ago. Petroluem production was
greater than in either the preceding month or June,
1928. The volume of building contracts awarded
during the month was smaller than in June of last year.
Loans and discounts of Federal reserve member
banks were higher at the end of the month than at the
end of the preceding month, and showed an increase
over a year ago. Loans to brokers and dealers in
New York City were higher than at the end of May,
showing an increase also over a year ago. Prices for
stocks showed only slight change from the average
for May, but were higher than a year ago. Bond
prices averaged lower than in either period.
Interest rates on both time and call funds averaged
lower than in May, each showing higher averages than
a year ago. Business failures were less numerous than
in either the preceding month or the corresponding
period of last year.

MONTHLY BUSINESS INDICATORS, 1923-1929
[Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade, sales of mail-order houses and 10-cent chains, and department
^stores have been adjusted for normal seasonal variations, and manufacturing production for the varying number of working days in the month as well]




FACTORY EMPLOYMENT

PRICE OF FARM PRODUCTS (TO PRODUCER

MANUFACTURING PRODUCTION
h , I . . I , , I . , I I I I H 1I . I I I I . . I I ,

I I I 1 I ! I I I I M I I ! I I ,J

. . 1

WHOLESALE PRICES

CHECK PAYMENTS <

PIG IRON PRODUCTION
I I . I I I . I I I 1 1 1 I I I I U.LuJA_d_LJ_i.1J-J

M

I , . I I , ! I I I I I I H I

WHOLESALE TRADE ( a LINES)

DEPARTMENT STORE TRADE
AUTOMOBILE
PRODUCTION
Li.U.u-LuJ
SALES BY MAILORDER

HOUSES

LUMBER PRODUCTION
I, , I

SALES BY TEN CENT CHAINS
COTTON CONSUMPTION

NET TON-MILE OPERATION

WOOL CONSUMPTION
! ,. I . . I i . I . . I, , I , .
INTEREST RATE, COMMERCIAL PAPER

MINERAL PRODUCTION

PETROLEUM

PRODUCTION
PRICE OF 25 RAILROAD STOCKS

I

1

COPPER PRODUCTION

P—

1

PRICE OF 25 INDUSTRIAL STOCKS

, ,I ,, I , ,I, ,I, ,I ,, Ii ,! , , I ,,I ,,I

BUILDING .CONTRACTS (FLOOR SPACE)
I , , I I , I ! i I 1 , 1 , .1 1 i t , , 1 , , 1 , i

1 , 1 ^ 1 1,

1 I l l . J l l i l l l l

SINESS FAILURES, LIABILITIE
UNFILLED STEEL ORDERS

MONTHLY BUSINESS INDICATORS
The principal business indicators are shown below, all calculated on a comparable basis, the average for the years 1923 to 1925,
inclusive. Thus the table gives a bird's-eye view of the business situation in a concise form, so that trends of the principal indicators
may be seen at a glance.
Certain indicators, in which there is a marked seasonal movement, are shown with the average seasonal variations eliminated,
as noted below. In this manner a more understanding month-to-month comparison may be made.
—• - -

MONTHLY AVERAGE

:

1
ITEM

1923

1924

1935

I

1928

1927

1928

Apr.

i

1929

1928

May

June July Aug. Sept. Oct.

Nov Dec.

Jan.

Feb.

Mar.

Apr.

May

117.0
117.0
115.2
129.9
121.5
79.5
130.2
114.0

117.0
120.0
107.3
125.1
141.2
68.6
116.5
101.3

120.0
107.0
124.3
146.3
177.2
80.2
123.3
102.7

123.0
115.0
122. 6
142.8
188.2
110.6
123.1
103.8

124.0
116.0
130. 5
152.5
182.9
129.9
130.2
102.9

1933 1935 monthly average— 100
Industrial production:
* Total manufacturing
* Total minerals.. _ _
Pigiron___
Steel ingots
Automobiles
Cement
.
Cotton (consumption)
Wool (consumption)

101.0
105.0
111.7
104.8
101.7
92.1
105.9
112.8

Eaw material output:
Animal products
Crops
Forest products
Crude petroleum
Bituminous coal
Copper ... ._

100.0 104.0 96.0 96.0 97.0 99.0 95.0 108.0 116.0 108.0 97.0 92.0 102.0 93.0 92.0 96.0 80.0 88.0 99.7 110.2
92.0 104.0 104.0 109.0 113.0 119.0 81.0 72.0 62.0 87.0 114.0 178.0 251.0 179.0 152.0 112.0 82.0 72.0 57.2 51.0
99.0 97.0 104.0 98.0 93.0 88.2 96.0 101.0 97.0 88.0 90.0 78.0 84.0 84.0 76.0 82.0 74.0 86.0 90.2 98.7
99.4 96.9 103.7 104.6 122.3 122.2 117.5 122.5 118.1 122.9 126.8 124.5 129.5 123.8 129.4 133.5 123.3 134.4 130.5 137.5
108.0 92.5 99.6 109 7 99.0 94.3 73 9 84.1 82.6 83.3 94.4 94.8 115.6 105.7 99.6 118.1 108.5 90.3 84.7 92.0
93.4 100.2 106.4 110.2 104.9 114.9 105.7 111.8 111.0 111.3 116.7 118.8 131.1 129.5 129.8 130.9 128.5 142.1 143.9 141.1

Power and construction:
Electric power
Building contracts (37 States)

92.6
89.7

94.0
96.0
88.7
88.7
90.8
99.8
89. 7
94.6

105.0
99.0
101. 5
106.4
107.5
108.1
104.4
92,6

108.0
107.0
109.0
113.1
108.4
110.0
108.5
8S.7

106.0
107.0
101.0
104.6
85.7
115.3
120 2
97.0

111.0
106.0
105.5
120.2
109.8
118.0
106.8
94.7

110.0
103.0
106.6
124.5
124.2
108.4
102.3
82.0

110.0
105.0
109.9
121.6
129.0
139.3
112.5
92.7

110.0
99.0
103.1
108.3
120.2
140.8
99.5
87.1

111.0
101.0
102.8
110.3
118.7
140.6
85.7
80.4

113.0
105.0
105.0
120.9
139.7
150.9
102.6
95.2

116.0
108.0
102.5
120. 0
125.8
143.9
95.9
91.8

114.0 111.0
114.0 113.0
112.9 110.5
134, 8 123.2
120.3 77.9
141.1 124.5
120. 6 119.0
108.6 105.7

113.0
112.0
112.8
116.3
70.9
98.1
104.1
96.8

98.1 109. 6 122, 6 133.8 146.0 136.7 142.2 139.8 142.4 149.8 145.2 158 0 154.6 157. 8 164.3 148.1 159.3 157.2 161.4
92.7 117.6 111.0 106.8 121.4 142.4 143. 5 142.2 123.7 118.8 114.2 129 1 111.1 98.2 88.6 81.9 117.1 128.0 122.4

Unfilled orders:
Genera J index
D. 8. Steel Corporation

121.7
J25.8

Stocks:
General index
Manfd. commodities (28) ..,
Cotton
Copper (refined)

94.5 102. 0 103. 5 114.6 120.8 122.7 122.5 116.5 108.4 105.4 107. 5 116.0 132.9 137.0 141.5 138.4 136.4 133.0 127.0 121.0
93.8 103.2 103.0 106.3 112.5 116.7 118.5 120.2 117.3 118.3 115.4 111.3 110.7 113.7 120.4 125.2 124.8 121.0 119.0 116.0
102. £ 91.4 106.2 145.6 153.1 123.8 117.7 95.5 74.7 58.6 52.4 89.5 155.1 181.4 187.7 169.8 149. 5 130.5 109.9 88.4
106.4 113.9 73.1 64.8 85.4 58.4 64.4 58.6 52.0 48.5 48.4 45.8 40 3 46.1 57.8 55.4 48.8 46.8 50.8 62.2

Employment:
Factories

106.6

96.2

97.8
99.9
97.6
98.1

97.1
97.4
97.6
99.9

Prices:
Farm products, to producers
W holesale, all commodities
Eetail food
Cost of living (including food)—.

87,0
83.6

91.3
80 6

97.2

84. «
32 1

97 9

74.0
71.1

64.4

91.2 96.7
101.0 98.0
98.0 99.0
89.2 98.1
88.0 99.0
97.8 93.1
91.5 100.8

Transportation :
Freight, net ton miles..

102.2

Finance:
Member bank loans and discounts
Interest rate (commercial paper) .
Federal reserve ratio
Price, corporation bonds
Price, railroad stocks
Price, industrial stocks..
Failures (liabilities)

94.1 98.5 107.4 112.9 117.3
116.2 90.0 93.5 100.9 95.4
99.0 104.1 96.9 96.0 99 1
96.4 99.9 103.6 108.0 112.5
86.0 96.1 117.9 133.4 162.7
86.1 91.9 122.0 132.4 171.4
106.0 106.8 87.2 80.4 102.2




91.9

76.8
81.1

91.4

73.9
71.6

91.1

75.2
76.2

91.2

77.1
74.8

90.3

74.7
75.9

91.7

74.7
77.4

93.0

71 5 72.7
78 6 76.9

93.9 93.4

71.0
83.3

93.5

75.0
86.1

93.2

80.0
86.8

95.4

86.0
92.4

96.6

93.0
92.7

97.1

86.0
90.1

97.2

106. 6 98.6 919 100.7 101.4 107.2 105.1 105. 1 100.7 102.2 99 3 97.1 97..1 96.4 98.6 101.4 100.0 98.6
102,8 99.3 94.7 97.0 96.7 97.9 96.9 97.6 98.2 99.4 97.1 96.0 96.0 96.5 96.0 96.8 98.1 95.1
104.9 107.6 103.6 102.9 101.6 102.8 102.0 102.1 103.0 105.4 104.8 105.1 104.1 103.3 103.2 102.2 101.3 102.4
102.3 102.3 99.9 98.7 97.9 98.4 98.0 83. 0 98.0 99.3 99.3 99.3 98.7 98.0 98.0 97.4 96.8 96.8

Distribution (values) :
* Bank debits, 141 cities .
* Wholesale trade
* Department stores, sales
Mail-order sales, 2 houses
* 10-cent chains, sales
Imports
.:
Exports

• Seasonal adjustments.

76.2
80.7

111.9
102.0
103.0
112.7
113.0
109.0
107.8

119.6
101.0
106.0
120.2
125.0
114.3
105.6

132.5
97.0
106.0
126.2
138.0
108.0
106.8

158.2
96.0
108.0
147.6
150.0
105.5
112.6

95.9 101.9 109.1 106.0 106.5
126.8
112.8
89.1
113.0
174.5
214.8
95.6

161.8
91.6
103.0
122.6
147.0
106. 9
95.9

168.8
98.7
103.0
122.5
144.0
109.6
111.1

165.4
92.5
105.0
137.1
153.0
98.2
102.3

140.4
94.2
107.0
123.1
148.0
98.4
99.8

149.9
100.6
105.0
140.6
144.0
107.3
100.1

156.9
96.4
119.0
155.4
165.0
99.0
111.1

96.2 105.8 100.0 105.0 113.6 117.3
127.3
101.6
90.9
116.0
176.0
210.4
82.5

126.9
104.4
89.2
115.0
178.9
213.6
85.2

128.4
113.2
84.7
112.3
169.6
202.1
70.3

126.6
119.0
88.9
110.9
170.3
206.1
69.8

125.6
124.8
90.0
109.8
173.8
213.4
137.3

127.3
130.6
86.5
111.0
178.5
226.9
80.1

161.0 165.1
97.4 100.0
105.0 106.0
194.4 188.4
148.0 151. 0
110.0 101.1
145.1 143.5

129. 2 124.6
128.3 129.8
127.6 124.8
87,0 84.5
111.3 112.0
176.4 186.0
234.5 252.6
82.5 95.8

172.3
94.9
116.0
227.4
163.6
105.0
125.3

187.2
101.1
104.0
144.9
145.8
114.2
128.5

194.3
96.3
110.0
141.8
156.9
114.4
116.4

195.1
96.3
113.0
163.3
167.4
118.8
129.0

180.6
100.0
105.0
170.0
153.0
127.1
112.2

180.5
102.0
107.0
168.2
172.0
124.1
101.9

88.4 104.8 102.2 107.8 102.7
135.4
124.8
80.2
110.7
180.3
229.0
96.2

128.7
124.8
89.9
110.8
189.3
275.0
127.1

130.6
127.6
90.5
109.6
188.3
280.3
80.3

132.4
136.4
92.6
108.0
184.9
283.7
85.7

131.3
139.2
94.9
107.6
183.7
285.8
83.2

129.3
139.2
96.5
106.7
184.4
290.3
97.2

BUSINESS CONDITIONS IN MAY
PRODUCTION

Industrial output in May, after adjustments for
seasonal variations, was greater than in either the
previous month or May, 1928. The principal gains
over last year occurred in the output of automobiles,
iron and steel, and nonferrous metals, where the
increase in each case is more than 20 per cent. Mineral
output, after adjustment for seasonal variations, also
showed gains over both periods.
COMMODITY STOCKS

Stocks of commodities, making no allowance for
seasonal conditions, were smaller at the end of May

within the index, were higher. The largest increase
was in transportation equipment, principally railroads.
Wholesale trade showed no change in the general
index from the preceding month, but was higher than
a year ago. As compared with the previous month,
increased sales by wholesale grocers, meat dealers, and
dealers in boots and shoes, were sufficient to offset
declines in the sales of dry goods, men's clothing,
hardware, drugs, and furniture. As compared with
a year ago, the wholesale trade in groceries showed no
change, while sales of meats, dry goods, men's clothing,
hardware, drugs, and furniture registered increases,
and boots and shoes showed a small decline.

MANUFACTURING PRODUCTION BY MAJOR GROUPS
[Relative nuirbsrs, monthly average 1923-1925 taken as 100, adjusted for seasonal variations]

than at the end of the preceding month, but showed a
gain over a year ago. Contrasted with last year,
declines in stocks of manufactured foodstuffs, textiles,
iron and steel, nonferrous metals, lumber, paper, and
raw textiles and minerals were insufficient to offset
gains in stocks of stone, clay and glass products,
leather, rubber, chemicals and oils, and in raw foodstuffs.
SALES

The general index of unfilled orders showed a decline from the preceding month, but w~as 16 per cent
higher than at the end of May, 1928. As compared
with a year ago, unfilled orders for all groups included




Sales by department stores registered gains over
both the preceding month and May, 1928. Merchandise stocks, held by department stores at the end of
May, were smaller than at the end of April, but
showed no change from the corresponding period of
1928. Sales by mail-order houses were larger than a
year ago, the increased volume being in part due to the
establishment of retail selling outlets by the two
principal leaders in this field. The volume of business
transacted by 10-cent chain store systems was greater
than in either the preceding month or the corresponding period of a year ago. Sales by shoe chains, not
only registered an increase over the previous month,
but showed a substantial gain also over May, 1928.

PRICES

Wholesale prices averaged lower than in either the
previous month or May of last year. As compared
with the preceding month, all groups either declined
or showed no change, except the miscellaneous group,
which includes rubber. Contrasted with last year,
increased prices for metals and metal products and
building materials were insufficient to offset declines in
farm products, foods, hides and leather, textiles, fuel
and lighting, chemicals and house furnishings. Classified by the state of manufacture, prices for all groups
showed lower averages than in either the preceding
month or May a year ago, the principal declines from
last year, occurring in the prices for raw materials,
where the decrease was 6 per cent.

7 per cent higher than in May, 1928. As compared
with the previous month, increased employment was
registered in factories producing foods, iron and steel,
lumber, stone, clay and glass products, and certain miscellaneous commodities, including rubber tires. The
principal increases over the preceding month were
registered in iron and steel, and stone, clay, and glass
factories, where the increase was 2 per cent in each case.
Declines from the preceding month were recorded in
textiles, leather, nonferrous metals, and tobacco products, with the principal decrease registered in nonferrous metals, where the decline was 2 per cent. As
compared with a year ago, all industrial groups showed
larger employment except leather, stone, clay, and
glass, and tobacco products, the principal declines from

FACTORY EMPLOYMENT, BY GROUPS
[1926 monthly average = 100. May, 1929, is latest month plotted]

IRON AND STEEL

100

100

PAPER AND PRINTING

100

1923

1924

1925

1926

1927

1928

1929

The index of prices received by farmers for their produce was 1 per cent lower than in April and 8 per cent lower
than in May, 1928. As compared with the preceding
month, an increase of 8 per cent in prices for fruits and
vegetables was insufficient to offset declines which were
registered in grains, dairy and poultry products, and cotton and cottonseed. Compared with a year ago, grains
showed a decline of 29 per cent; fruits and vegetables
declined 34 per cent; and cotton and cottonseed registered a decrease of 11 per cent.
EMPLOYMENT

The general index of factory employment showed no
change from the preceding month, but was almost



1923

1924

1925

1926

1927

1929

last year occurring in the two later groupings, where
the decrease was 3 per cent.
Factory pay-roll payments showed no change from
the preceding month, but were almost 12 per cent
higher than a year ago. As compared with April,
increased pay-roll payments in factories producing
foods, iron and steel, lumber, paper and printing, and
stone, clay, and glass products were just sufficient to
offset declines in pay-roll payments in textiles, chemicals, nonferrous metals, and vehicles. As compared
with last year, all groups showed larger pay-roll payments, except stone, clay, and glass, where the decline
was 3 per cent.

WHOLESALE PRICES FOR SPECIFIED COMMODITIES
[Relative numbers, 1926 monthly average taken as 100. May, 1929, is latest month plotted. Data from which these charts are drawn are given on the opposite page]

WHEAT, NO. 2, HARD .WINTER

FLOUR, WINTER

OATS

CORN, NO. 2

160
140
1•M,

X

120

too

t

•«

BO p0

60 WVVV

120

••

••

\s

rrf

u

.•

-

•IK

• •<

• CATTLE, STEERS

'.

140

••

,,

- *v

,B

,.
"A *f

..

HOGS, HEAVY

-

^

S UGAR, GRANULATED

SUGAR, RAW

120
100

• .1 - ••

80
60

120

-

...

^

«^

^

a<

mm iP*

..

*.

••, ••'

f*

••

4

••• «*^

^..,

< • ., ..

100

^

50

^

BOt

SILK, RAW

190

\
1
1
i

—

160
130

100
mA

70 ^

VvAj

**

'

-

__

i

i ~i "t
-4W-.i

-

V

t

PETROLEUM

LE &THER, CHROME. CALF

•*"\

•

LEATHER, SOLE. OAK
j

1

i

^t**p

*

1

|

,
:

BITUMINOUS COAL

^

'

_
!

i

.. •* \

«• •• mm

:

1

COKE
1

140

•

| ;

i

>*^^
i

!

:

_ 1 ! |S ' I

T

V

;

i
^^^H"^""T
""P
;

..,

.

HIDES, PACKERS
»»f ••

l

WOOL, »/4 BLOOD COMBING

—' *u.<-**"

''j-xj-j..

! ^

Q_ r— "fi—

COTTON PRINT CLOTH

i

i

RUBBER, SMOKED SHEETS

"N

•^

25

!
1 ..-4.J

j....

"^^...•*"

1

^**
WORSTED YARNS

t~ -

\

^v .vw

~

180

^.'

-Wv

....

5! as *i

M-"

75

...

*< • •<

^i

.. • *

j

COTTONSEED OIL

COTTON YARN

COTTON, RAW

100

80

»**, mm

v\-\

140

__ —

)^
X
.,-•}"}'

-

60 ,/vv

i «***

HAMS, SMOKED
j

-^—

100

80

\

1'

—

^

{

^VVWW

_

-

'*•«

.....

BEEF, CARCASS

—

j.-r" \\ \

...

^

t*^

*,

^^

160

X

.••

» .

\

180

*

|

'•

100 ^

•

s

60

A.'W

—
120

PIG IRON, FOUNDRY

ZINC

TIN

140 — ^^^^— -r

100

{__.._ .

._. i__

*mm

^

80

••I «•

60 ^

STEEL

LU VIBER,PiNE, FLOORING

BEAMS

.«*'

••

80

ffP

60

IOC

^,N^

60

AAV

120
100

COPPER INGOTS

180

rw

BRICK, COMMON

. *..i i

-..j

r»^

CEMENT

^

• n m m 'i \ !iinn? | S g> z(_ in 1 1 i 1 1 1 n

\ a°1 1

2
.J'




(

1

»

192

<

0>.

0

2

u

Ii

a

i ii

**i"( •.!..,

>, Jx.^ !

\A-\v

MinnHH-i

I

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, except tin, which is from the American Metal Market, All other prices are from U. S. Department of Labor, Bureau of
Labor Statistics. So far as possible all quotations represent prices to producer or at mill.
RELATIVE PRICE
ACTUAL PRICE

(dollars)

1926 average =100

Unit

COMMODITIES

March,
1929

May,
1929

May,
1928

April,
1929

May,
1929

May,
1928

.998
.875
.553
.185
38.94
.0953
.1020
.1336

.901
.862
.593
.180
37.78
.0972
.996
.1279

1.443
1.025
1.033
.201
43.00
.0909
.882
.1303

78
127
31
125
145
142
85
113

74
125
30
123
143
148
86
116

67
123
32
119
139
151
84
111

96
132
63
124
145
138
66
110

107
147
56
133
158
141
75
113

1,210
1.273
.905
.497
.550
.998
11.783
.201
.49
13. 875
11.460
9.175
16. 450

1.107
1.193
.864
.460
.548
.902
11. 692
.195
.43
13. 438
10. 750
5.906
12. 781

1.502
1.898
1.072
.692
1.041
1.362
11. 643
.217
.55
13. 181
9.613
7.313
15. 188

82
87
125
129
85
114
263
121
113
135
92
128
118

78
83
119
116
79
105
139
115
107
146
93
139
120

72
77
114
107
79
95
438
111
94
141
87
90
93

92
118
136
150
146
133
150
116
115
140
74
135
117

97
123
141
161
150
143
137
124
120
138
78
111
111

Barrel
Barrel
Pound
Pound
Pound
Pound
Pound
Pound
Pound
Pound

6.405
5.581
.037
.048
.102
.224
.225
.248
.45
.235

6.119
5.213
.036
.049
.097
.230
.231
.249
.44
.235

8.490
7.631
.045
.059
.106
.201
.229
.206
.45
.215

79
79
85
88
90
129
127
77
107
103

76
77
84
88
86
136
132
81
100
103

73
72
82
89
82
140
135
81
98
103

96
104
103
106
84
122
130
65
100
94

101
105
104
107
89
122
134
67
100
94

Pound
Yard
Yard
Pound
Yard
Yard
Yard
Pound.. _
Dozen pair..

.363
.076
.089
1.550
.975
2.008
1.959
5.145
9.500

.353
.073
.087
1.500
.975
2.008
1.959
4.777
9.500

.380
.079
.092
1.575
1.025
2.008
2.095
4.998
10.000

105
102
96
110
94
100
90
81
82

101
100
96
108
94
100
90
83
82

99
97
94
105
94
100
90
77
82

102
101
97
108
99
100
97
87
86

106
105
99
110
99
100
97
81
86

Pound
Pound
Square foot-Pound
Pair
Pair

.149
.187
.495
.490
6.750
4.85

.149
.179
.510
.490
6.750
4,850

.246
.295
.600
.670
6. 750
4.900

103
105
108
126
106
100

107
108
109
112
106
100

106
103
113
112
106
100

183
170
132
149
106
101

175
170
132
153
106
101

Net ton
Net ton
Long ton
Short ton
Barrel

3.912
4.113
12. 654
2.810
1.110

3.908
4.124
12. 539
2.800
1.158

4.014
4.324
12. 752
2.695
1.190

93
92
95
73
59

91
86
92
68
59

91
86
91
68
61

94
91
93
67
63

93
90
93
66
63

Long ton
Long ton
Long ton
Pound
Pound
Pound
Pound
Pound

19. 760
17.900
34.800
.1950
.244
.0719
.4597
.0666

20. 260
18. 375
36.000
.1778
.233
.0700
.4392
.0662

18. 960
16. 300
33. 000
.1420
.189
.0612
.5154
.0603

95
94
97
154
132
88
75
88

96
97
99
141
128
85
70
91

98
99
103
129
122
83
67
90

92
92
94
101
99
72
80
79

92
88
94
103
100
73
79
82

Mfeet
Thousand-

37.35
11.50

37.000
11.500

35. 880
13.500

83
70

83
70

82
70

79
82

80
82

Barrel
Cwt
Pound
Ton
Cwt
Cwt

1.650
1.900
.211
15. 500
2.450
3.250

1.650
1.950
.214
15. 500
2.488
3.250

1.683
1.875
.188
15.500
2.525
3.250

95
97
50
107
86
94

95
97
44
107
36
94

95
100
44
107
87 1
94

97
97
39
107
88

97
96
39
107
88
94

April,
1929

April,
1928

FARM PRODUCTS— AVERAGE PRICE TO PRODUCER
Wheat
.
Corn _.
Potatoes
Cotton. .
. _
Cottonseed
Cattle, beef
Hogs
. _ _.
Lambs

.-

_

_

-

Bushel
Bushel . _.
Bushel
Pound _
Ton
Pound
Pound.. _.
Pound

FARM PRODUCTS— MARKET PRICE
Wheat, No. 1, northern spring (Minneapolis). .. ._ , _. .
Bushel
Wheat, No. 2, red, winter (Chicago) .
_
Bushel
Corn contract grade No. 2 cash (Chicago)
Bushel
Oats, contract grades, cash (Chicago)
._
Bushel
Barley, feeding (Chicago)
Bushel
Rye, N o 2 , cash (Chicago)
_
. .
_ _ _ _ _ Bushel
Tobacco, leaf, average sales, warehouse (Kentucky)
Cwt
Cotton, middling upland (New York)
Pound
Wool, H blood combing, Ohio and Pennsylvania fleeces (Boston)
Pound
Cattle steers good to choice corn fed (Chicago)
Cwt
Hogs, heavy (Chicago)
_
_
Cwt
Sheep, ewes (Chicago) .
Cwt
. ..
Sheep, lambs (Chicago)
_
Cwt
FOOD
Flour, standard patents (Minneapolis)
Flour winter straights (Kansas City)
Sugar, 96° centrifugal (New York)
_ .. _
Sugar granulated in barrels (New York)
Cottonseed oil, prime yellow (New York) _ _ _
Beef fresh carcass good native steers (Chicago)
Beef fresh, carcass, steers (New York)
Pork, smoked hams (Chicago)
Butter creamery 92 score (New York)
Oleomargarine, standard, uncolored (Chicago)

_

...

TEXTILES
Cotton yarns, carded, white, northern, mule spun, 22-1-cones (Boston)..
Cotton-print cloth, 64 x 60-38H"-5.35— yards to pound
Cotton 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, unfinished worsted— 13-ounce, mill
Suitings, serge, 11-ounce, 56-58 inch .
Silk, Japan, 13-15
LEATHER
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 oxford (St. Louis).
FUEL
Coal, bituminous, mine-run (composite price) _ _
Coal, bituminous, prepared sizes (composite price)
Coal, anthracite, chestnut (composite price)
Coke, Connellsville (range of prompt and future) furnace — at ovens
Petroleum, crude, Kansas-Oklahoma— at wells
_
METALS
Pig iron, foundry No 2 northern (Pittsburgh)
Pig iron, basic, valley furnace
Steel billets, Bessemer (Pittsburgh)
._
Copper ingots, electrolytic, early delivery (New York)
Brass, sheets, mill.
Lead, pig, desilverized, for early delivery (New York)
Tin, Straits (New York)
Zinc, slab, western (St. Louis)
,

__ _

BUILDING MATERIAL AND MISCELLANEOUS
Lumber, pine, southern, yellow flooring, mill..
_
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, smoked sheets (New York) ,
Sulphuric acid, 66° (New York)
Wood pulp, sulphite, domestic, unbleached, news grade (New York)..
Newsprint, rolls, contract, mill..
_




!

M

8

MEASURES OF INDUSTRIAL AND COMMERCIAL ACTIVITY
[Relative numbers, monthly average 1923-1925 taken as 100]

NEW BUILDING CONTRACTS AND AUTOMOBILE PRODUCTION

AUTOMOBILE PRODUCTION
(UNITED STATES)

MINERAL PRODUCTION AND RAILROAD TON-MILEAGE
160

50

FACTORY EMPLOYMENT, MANUFACTURING. AND ELECTRIC POWER

PRODUCTION

200

ELECTRIC POWER PRODUCTION

CHECK PAYMENTS AND RETAIL

50

1920




1921

1922

1923

1924

1925

1926

1927

1928

1929

REVIEW OF PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE
TEXTILES

Imports of raw wools in May were smaller than in
either the preceding month or May of last year, but
for the first five months wool imports were substantially greater. Consumption of wool by textile mills
was greater than a year ago, while machinery activity
also showed gains over last year.
The consumption of cotton was considerably larger
than in either the preceding month or May a year ago,
while for the first five months of the year cotton consumption showed a gain of 13 per cent over last year.

month, showed a gain over a year ago. Silk machinery
activity was greater than last year. Prices for silk
averaged lower than in either the previous month or
May, 1928.
Imports of raj^on, though declining from the preceding month, were considerably larger than a year
ago. For the year to date rayon imports showed a
gain of more than 50 per cent over the first five months
of 1928. Rayon prices, though showing no change
from the previous month, averaged 13 per cent lower
than a year ago.

THE TEXTILE INDUSTRIES
[Relative numbers, monthly average 1923-1925, taken as 100. May, 1929, is latest month plotted. Curves covering imports of wool and exports of cotton are plotted from
12 months' moving monthly averages plotted on the end month]

1923

1924

1925

!923

1924

1925

1926

1927

1928

1929

1927

1928

1929

_ _

Stocks of cotton held at mills and in public storage
at the end of May was 7 per cent smaller than a year
ago. Prices paid for cotton to producers averaged
lower than in either the preceding month or May,
1928, with wholesale prices also showing declines from
both periods. Spindle activity at cotton mills, reduced to a ratio to plant capacity, was greater than
in either prior period.
Imports of silk were substantially greater than in
the preceding month, but showed a decline from the
preceding year. For the first five months of the
year silk imports showed a gain of 3 per cent over the
same period of 1928. Deliveries of silk to consuming
establishments, though declining from the preceding
58183—29
2



1923

1924

1926

1927

1928

1929

1928

1929

-L '• ' ' Lu.J_L i.! i ! i i i_Lt i 1 1 1 1 1 1 1 i i 1 1 1

.

1923

1925

1924

1925

1926

1927

Fewer men's and boys' garments were cut in April
than in March. As compared with last year, however
gains were registered in the number of suits, individual trousers, and overcoats cut.
The output of hosiery in April showed a decline
from the preceding month, but a gain over a year
ago. Shipments showed similar comparisons. Stocks
of hosiery at the end of April were lower than a year
ago, while unfilled orders showed a gain.
Imports of burlaps were greater in May than in
either the preceding month or May a year ago. Imports of unmanufactured fibers showed a decline from
the previous month but were considerably larger than
a year ago.

10
METALS

The consumption of iron ore was greater than in
either the preceding month or May a year ago. Pigiron production likewise showed gains over both
periods. For the first five months of the year the
output of pig iron showed an increase of 16 per cent
over the same period of last year. Wholesale prices
for iron averaged higher than in either the previous
month or May a year ago.
The output of steel ingots showed gains over both
prior periods. For the year to date steel-ingot production was 14 per cent larger than in the first five
months of 1928. Unfilled steel orders at the end of
May were lower than at the end of the previous month,
but showed a gain of 26 per cent over last year. The
output of steel sheets by independent manufacturers

New orders for machine tools were greater than in
either the preceding month or May of last year,
while unfilled orders at the end of May were more
than twice as large as a year ago. New orders and
shipments of electric hoists and electric overhead
cranes were larger than in either the preceding month
or May, 1928. Sales of mechanical stokers were
likewise greater than in either the previous period.
Shipments of foundry equipment were more than
twice as large as a year ago. Shipments of woodworking machinery showed a gain over last year.
Shipments of electric industrial trucks and tractors
were larger than in either the preceding month or a
year ago.
New orders and shipments of enameled sanitary
ware showed declines from both the preceding month

THE METAL INDUSTRIES
[Relative numbers, monthly average 1923-1925, taken as 100. May, 1929, is latest month plotted]

1923

1924

1925

1926

1927

1928

1923

1929

1924

1925

1926

1927

1928

1929

1928

1929

ZING

/PRODUCTION

100

1923

1924

1925

1926

1927

1928

1929

also showed gains over May from both the preceding
month and the corresponding month of last year.
Reduced to a ratio to capacity, production of steel
sheets in May was also greater than in either period.
Unfilled orders for sheets at the end of May showed a
gain of 35 per cent over a year ago.
Production and new orders of steel castings were
considerably larger than a year ago. New orders
and shipments for fabricated structural steel showed
gains for both the preceding month and May, 1928.
New orders for fabricated steel plate were likewise
greater than in either period. New orders for steel
boilers showed a gain over both the previous month
and May a year ago, when measured in horsepower.



1923

1924

1925

1926

1927

and the corresponding period of last year for most
types. Shipments of water softeners also showed
declines from both periods.
The mine production of copper showed a decline
from May, but was greater than a year ago. Stocks
of copper at the end of May held in North and South
America were greater than last year. The wholesale
price of copper averaged lower than in April, but was
25 per cent higher than a year ago.
Tin deliveries to consuming establishments were
greater than in either the preceding month or May
a year ago. Imports of tin were likewise larger than
in either period. Tin prices averaged lower than in
either the previous month or May, 1928.

11
FUELS

The production of bituminous coal showed a gain
over last year. Anthracite production was smaller
than a year ago. Prices for coal were generally lower
than last year. The output of crude petroleum continued to show a gain over the corresponding period of
the previous year.
AUTOMOBILES AND RUBBER

The production of automobiles showed a decline
from the preceding month, but was 42 per cent greater
than a year ago. For the first five months of the year
the output of automobiles showed a gain of 48 per
cent over the corresponding period of 1928. Exports
of automobiles from the United States in May were

ago. The wholesale price of rubber averaged higher
than in either the preceding month or May, 1928.
HIDES AND LEATHER

Imports of hides and skins were smaller than during
either the previous month or May a year ago. Imports during the first five months were 19 per cent
lower than in the same period of last year. Stocks of
hides and skins at the end of April were larger than
a year ago. Prices for cattle hides showed no change
from the preceding month but were lower than last,
year. Prices for calf skins, however, averaged lower
than in either period.
Inspected slaughter of cattle, swine, and sheep was

THE FUEL INDUSTRIES
[Relative numbers, monthly average 1923-1925 taken as 100. May, 1929, is latest month plotted where data were available]

1925

1926

1925

1926

1929

1927

1928

1929

lower than in either the preceding month or May of last
year, but for the year to date showed a gain of 33 per
cent over the same period of last year. Canadian production of automobiles during the first five months of
1929 showed a gain of 73 per cent over the same period
of last year, while Canadian exports were considerably
larger than double the size of the preceding year. Imports of crude rubber in May were 65 per cent larger
than a year ago, while for the first five months rubber
imports showed a gain of more than 50 per cent over
the same period of 1928.
Production and shipments of pneumatic tires by
Digitized manufacturers
for FRASER
were considerably greater than a year


1923

1924

1925

I

1927

1928

1929

larger than in April, sheep slaughter showing an
increase also over a year ago. Slaughter of calves
was smaller than in either prior period. Production
of sole and belting leather in April was smaller than
a year ago. Stocks of finished sole and belting leather
at the end of April were substantially larger than a
year ago. Exports in May showed a gain over both
the preceding month and May, 1928. The price of
sole leather showed no change from that for April, but
was considerably lower than last year. Upper-leather
production showed a gain over April, 1928. Stocks of
upper at the end of the month were smaller than a
year ago.

12
BUILDING AND CONSTRUCTION

Construction costs showed only a slight change
from either the preceding month or May of last year.
Building contracts awarded during May, measured
both in floor space and in value, showed a decline from
both the preceding month and May of last year. For
the first five months of the year, building contracts,
measured in floor space, showed a decline of 13 per
cent, and, measured in value, 11 per cent from the
corresponding period of 1928. All construction types
showed declines from last year, except commercial
and industrial buildings which showed substantial
gains. The principal decline from a year ago occurred
in residential construction.

both types at the end of May showed gains over last
year.
STONE AND CLAY PRODUCTS

The production and shipments of Portland cement,
while larger than in April, was smaller than a year ago.
Stocks at the end of the month were 14 per cent
greater than last year. Wholesale prices, showing no
changes from the previous month, were 2 per cent
lower than a year ago. New contracts awarded for
concrete paving showed gains in May over both the
previous month and May, 1928. For the first five
months of the year, concrete paving awards, however,
were 11 per cent smaller than in the same period of
last year.

PRODUCTION, SHIPMENTS, AND STOCKS OF PNEUMATIC TIRES
[Relative numbers, monthly average 1923-1925, taken as 100. April, 1929, is latest month plotted]

300

1

~^~

1928
LUMBER AND LUMBER PRODUCTS

The output of Southern pine lumber showed a gain
over the previous month, but was smaller than a year
ago. For the first five months of the year Southern
pine output showed a loss of 7 per cent from the same
period of 1928. Unfilled orders for Southern pine at
the end of May were eight per cent lower than a year
ago. The production of California redwood showed a
gain over May of last year, while the output of California white pine showed a decline. Unfilled orders
for both types at the end of May were lower than a
year ago. Production of walnut lumber showed
gains in May over both the previous month and May
of last year.
The production of flooring, both oak and maple,
showed declines from a year ago. Unfilled orders for




1929

The production of face brick was greater than a
year ago. The price of brick averaged lower than
last year. New orders for porcelain plumbing fixtures
showed a substantial decline from a year ago. New
orders for terra cotta showed a gain over last year,
but for the first five months of the year showed a
decline of 5 per cent from the same period of 1928.
The production of polished plate glass in May was
greater than in either the previous month or May of
last year. For the first five months of the year
polished plate-glass output was 16 per cent
greater than in the same period of 1928. The production and new orders of illuminating glassware showed gains in May over both the
previous month and the corresponding period of
last year.

13
FOODSTUFFS AND TOBACCO

The visible supply of wheat at the end of May was
almost twice as large as a year ago. The Canadian
visible supply showed a gain of more than 25 per cent
over last year. Receipts and shipments of wheat at
primary markets showed declines from a year ago.
The latest estimate for winter wheat indicates a larger
crop than last year.
The visible supply of corn at the end of May was
substantially lower than a year ago. Receipts of shipments of corn at principal domestic markets were likewise lower than last year. Corn exports showed a decline from last year.

Receipts of butter at the principal markets were
greater than in May, 1928. For the first five months
of the year, butter receipts showed a gain of 7 per
cent over the same period of 1928. Storage holdings
at the end of May were substantially larger than a
year ago. Wholesale prices for butter averaged lower
in either the previous month or May a year ago.
Receipts of cheese showed a gain over May of last year,
but for the first five months total receipts were 7
per cent lower than in the same period of 1928.
Storage holdings of cheese at the end of May were
25 per cent greater than a year ago. Prices for cheese
averaged lower than in either the previous month or

CONSUMPTION AND EXPORTS OF CIGARETTES
[Relative numbers, monthly average 1923-1925 taken as 100. May, 1929, is latest month plotted]

200

1923

1924

1925

Receipts and shipments of cattle at primary markets were lower than last year. The production of
inspected slaughter of beef showed a decline from a
year ago. Cold-storage holdings at the end of May
of beef products were considerably larger than last
year. Prices for cattle and beef averaged higher than
a year ago. Receipts of hogs at primary markets were
lower than last year, while shipments were larger.
The output of pork products in May showed a decline
from May, 1929. Cold-storage holdings of pork
products at the end of May were 21 per cent smaller
than a year ago. Prices for hogs and pork averaged
higher than last year.



1926

1927

1928

1929

the same period a year ago. Receipts of eggs were
lower than in May of last year. Storage holdings of
case eggs at the end of the month were considerably
lower than a year ago.
Imports of raw sugar showed a gain over a year ago.
Meltings at refineries also showed a gain over last
year. Stocks of raw sugar at refineries at the end of
May were 30 per cent greater than a year ago. Prices
for sugar were lower than in May of last year.
Consumption of cigars and cigarettes in May
showed gains over both the preceding month and tho
corresponding period of 1928.

14
TRANSPORTATION

2 per cent larger than a year ago. The Federal reserve
ratio continued to show gains as compared to both
prior periods. Interest rates showed few changes
from the previous month, although the general tendency was upward. Check payments in New York
City were substantially larger than in either prior
period; for the banks outside New York City check
payments were lower than in April but higher than a
year ago.
Dividend and interest payments were uniform ally
DISTRIBUTION
less than in April but substantially greater than a year
| |3ales by the principal mail-order houses, while ago, the total for such payments for the first five months
slightly less than in April, greatly exceeded those of of the current year being 11 per cent greater than for
a year ago, sales for the first five months of the cur- the corresponding period of 1928. Prices for stocks
rent year exceeding by 30 per cent those for the generally averaged slightly above those for the previous
Freight-car loadings showed a gain of 5 per cent
over May, 1928. For the first five months of the
current year loadings were 4 per cent heavier than in
the same period of last year. Unfilled orders for railway locomotives at the end of May, although declining from the previous month, were more than double
those ,of a year ago. Shipments and new orders of
freight cars also greatly exceeded last year's total.

BUSINESS FAILURES AMONG MERCHANTS
[ Actual number of failures, plotted as 12 months' moving monthly averages on the end month ]

200
CLOTHING AND FURNISHINGS

ISO
(60
140

120

GENERAL STORES
»

100

80

60

M M 1M

M.I I I I M 1 I I

1923

1924

1925

corresponding months of 1928. Sales by 10-cent
chain stores showed, almost without exception, substantial increases over both the previous month and
the corresponding month of 1928, the four principal
systems showing a 9 per cent gain for the first five
months of the current year over the corresponding
period of 1928. Magazine advertising, although less
than in April, was 7 per cent greater than for the
same period of 1928. Newspaper advertising, on the
other hand, showed substantial gains over both prior
periods, the total for the first five months of the current year being 5 per cent greater than for the corresponding period of 1928.
BANKING AND FINANCE

Bank loans and discounts at the end of May receded
from those at the end of the previous month but were



III I

1926

M IM

1927

1928

1929

month and almost uniformally higher than a year ago.
New sales of life insurance were slightly less in
number than during the previous month although
greater than a year ago. The amount of new insurance, however, was greater than during the previous
month and slightly less than in May, 1928, and the
value of new accounts created by life insurance written
during the first five months of the current year showed
a gain of more than 5 per cent over the same period of
last year.
GOLD, SILVER, AND FOREIGN EXCHANGE

Domestic rates of gold at the mint were greater than
in April but 7 per cent smaller than a year ago. Silver
production in the United States, while slightly less
than for the previous month, was 17 per cent greater
than a year ago.

15
INDEXES OF BUSINESS
The index numbers presented in this table are designed to show the trend in production, prices, trade,
etc., by commodities or groups. They consist in general of weighted combinations of series of individual relative
numbers; often the individual relative numbers are also given. The function of index and relative numbers
is explained on the inside front cover. All of the index numbers, except where noted, are based on the average
of the years 1923 to 1925, while maxima and minima are given only since 1923, thus eliminating the abnormal
period prior to 1923. Complete descriptions and figures for earlier years may be found in the following issues
of the Survey (later data being available in the latest semiannual issues): Production, in the July, 1928, issue
(No. 83), pages 18 to 22; stocks in the August, 1928, issue (No. 84), pages 20 to 22; new orders in the September,
1928, issue (No. 85), page 19; unfilled orders in the January, 1928, issue (No. 77), pages 22 and 23; wholesale
trade in the January, 1928, issue (No. 77), page 21; mail-order and chain stores in the May, 1928, issue (No. 81),
pages 20 and 21; department stores in the April, 1928, issue (No. 80), pages 20 and 21; employment, based on
1923 as 100, in the August, 1928, issue (No. 84), page 108; farm prices, in the August, 1928, issue (No. 84), page
27; wholesale prices (Department of Labor), in the November, 1927, issue (No. 75), page 24, and the June, 1928,
issue (No. 82), page 23; wholesale prices, commercial, in the August, 1928, issue (No. 84), page 26; cost of living
in the August, 1928, issue (No. 84), page 27, and the June, 1926, issue (No. 58), page 24.

Relative to 1923-1925 monthly average as 100

Maximum
since
Jan.l,
1923

1938

Minimum
since
Jan. 1,
1923

March

April

PER CENT INCREASE (+)
OR DECREASE (— )

1939

May

March

April

May, 1929,
from April,
1929

May

PRODUCTION

May, 1929,
from May,
1928

|

TOTAL INDUSTRIAL

Unadjusted, except for working days
Adjusted for seasonal variations

no

121
119

123
122

125
123

+ 1.6
+ 0.8

+ 13.6
+ 12.8

in

125
120
132
116
96
125
83
163
98
135
129
160
152
126

127
123
135
120
102
122
86
157
97
127
137
166
161
142

126
124
145
120
97
122

-0.8
+ 0.8
+ 7.4
0.0
-4. 9
0.0

+ 13.5
+ 12. 7
+ 25.0
+ 12. 1
+ 1.0
+ 0.8

151
102
128
137
~ *
142

-3. 8
+ 3.0
+ 0.8
0.0

+ 41. 1
+ 6.3
+ 10. 3
+ 23. 4

100
107
89
77
134

103
115
100
95
133

103
113
100
89

110
105
93
112
120
80
110
113
101
85

135
112
112
93

141
116
122
103

115
116
102
86
133
143
139
120

+ 11.7
+ 0.9
+ 2. 0
9. 5
0.0
_
-1. 4
+ 3.4

+ 4.5
+ 10. 5
+ 9.7
23 2
+ 10. 8
+ 78. 8
+ 26.4
+ 6. 2

100

2. 9

+ 17. 6

97
49
92
118
97
160

95
61
83
130
101
137

108
195
90
139
115
156

88
43
77
106
98
156

100
49
87
141
103
164

110
121
84
136
134
161

+ 10. 0
+ 146. 9
3 4
-3. 5
+ 27. 1
1 8

+ 1.9
37 9
6 7
2. 2
+ 16. 5
+ 3. 2

78
112
106
44
61
39

59
66
91
47
59
24

72
84
136
94
57
23

72
80
102
67
62
67

57
59
104
88
46
32

51
53
118
111
27
22

-10.5
-10. 2
+ 13. o
+ 29. 1
41. 3
31 3

41.2
-36. 9
-13. 2
+ 18. 1
-52.6
-4.3

125
123

81
83

111
109

110
109

109

127
124
145
121
110
122
110
163
134
135
137
166
166
142

79
82
59
77
92
91
78
47
86
92
87
84
66
93

114
110
114
107
105
118
94
111
102
112
108
141
134
120

113
110
122
101
98
118
95
108
97
111
109
147
134
120

110
116
107
96
121
93
107
96
116
111
150
133
120

124
120
125
133
138
143
139
124
125
123

84
90
77
1
88
0
82
93
75
85

97
103
95
80
121

93
105
91
107
120

102
112
109
94

124
421
131
148
160
161

79
14
76
67
64
44

251
205
199
266
353
266

45
38
60
43
11
22

MANUFACTURING

Total (adjusted for working days only)
Total (adjusted for seasonal variations)
Iron and steel
Textiles
Food products
Paper and printing
Lumber. .
Automobiles
.
Leather and shoes
Cement, brick, and glass.
Nonferrous metals
_.„
Petroleum refining
Rubber tires
Tobacco manufactures.-

0. 0

+ 18. 3

MINERALS

Total (adjusted for working days only)
Total (adjusted for seasonal variations)
Bituminous coal
Anthracite coal..
Crude petroleum
Iron-ore shipments
Copper
_. .
Zinc
_
Lead
Silver

i
j
!
!
i

ANIMAL PRODUCTS (Marketings)

Total
Wool
Livestock
Poultry and eggs.
Dairv products
Fish

_ .

CROPS (Marketings)

Total
Grains *
Vegetables *
Fruits *
.^
Cotton products *
Miscellaneous crops *

_ _

* Fluctuations between maximum and minimum due largely to seasonal conditions: Minerals and Manufacturing are adjusted for seasonal variations except where
noted.




16
INDEXES OF BUSINESS—Continued
1938

Maximum
since
Jan. 1,
1923

Minimum
since
Jan. 1,
1923

March

112

112
151
161
148

74
71
54
18
65

96
97
102
25
103

96
95
111
77
91

138
179
148
141
127
129

73
70
71
67
85
75

103
98
129
101
114
102

138

82

Total manufactured goods
Foodstuffs
_ Textiles
Iron and steel
Nonferrous metals
Lumber
_
Stone clay etc
Leather
Rubber
Paper
Chemicals and oils

125
129
138
157
133
125
192
123
190
155
125

Total raw materials
Foodstuffs
Textiles
Metals
Chemicals and oils

Relative to 1923-1925 monthly average as 100

PER CENT INCREASE (+)
OR DECREASE (— )

1939

May, 1929,
from April,
1929

May, 1929,
from May,
1928

99
94
132
158
108

+ 8.8
+ 8.0
+ 3. 9
+ 37.4
+ 3.8

2 f\
-4. 1
+ 10. 0
+ 12.9
+ 27. 1

127

121

-4.7

+ 3.4

121
95
123
157
114
105
181
72
186
117
122

119
98
120
147
114
102
182
72
190
104
119

116
97
116
142
115
101
180
74
181
99
114

-2.5
-1.0
-3. 3
-3.4
+ 0.9
-1.0
-1. 1
+ 2.3
-4.7
-4.8
-4.2

-3.3
-5.8
-15.3
-3.4
-2.5
-7.3
+ 16. 1
+ 7.2
+ 6.5
-30.3
+ 10. 7

114
141
98
82
95

141
181
128
66
105

133
187
99
68
99

125
172
92
80
96

-6.0
-8.0
-7. 1
+ 17.6
-3.0

+ 9.6
+ 22.0
-6. 1
-2.4
+ 1. 1

77
71
82
73
70

74
72
72
73
79

86
82
93
81
82

93
84
92
104
102

86
83
87
96
104

-7.5
-1.2
-5.4
-7. 7
+2.0

+ 16.2
+ 15. 3
+ 20.8
+ 31.5
+ 31. 6

100
95
105
87
131
111
95
121
107

88
88
105
70
75
99
88
113
88

93
96
109
75
57
114
97
110
87

101
89
117
92
136
110
95
119
105

96
92
115
80
85
100
99
118
101

96
96
121
78
59
113
98
111
99

0.0
+ 4.3
+ 5.2
-2.5
— 30. 6
+ 13.0
-1.0
-5.9
-2.0

+ 3.2
0.0
+ 11.0
+ 4.0
+ 3.5
-0.9
+ 1.0
+ 0.9
+ 13.8

62
77
47
82
70
55

133
224
200
163
119
117

135
202
195
154
130
130

139
214
221
164
127
130

156
237
241
196
152
159

142
232
220
186
121
123

166
234

+ 16.9
+ 0.9

+ 19. 4
+ 9.3

195

+ 4.8

+ 18.9

144

+ 17. 1

+ 10.8

71
83

103
103

102
104

107
101

110
102

104
103

110
101

+ 5.8
-1.9

+2.8
0.0

May

March

April

101
98
120
140
85

86
85
108
37
104

91
87
127
115
104

99
87
118
100
108
94

104
94
116
113
104
94

115
111
148
97
127
95

127

123

117

133

88
79
78
78
74
78
64
66
77
46
84

120
104
137
152
113
106
172
66
155
133
115

119
103
138
147
116
104
167
67
162
129
110

120
103
137
147
118
109
155
69
170
142
103

157
187
202
136
153

69
68
43
54
73

132
152
130
90
107

125
154
114
75
101

167
154
157
204
142

67
62
66
49
56

81
75
90
71
72

124
119
130
128
167
128
118
131
131

82
83
87
70
43
68
76
88
72

305
237
413
224
170
184
187
117

April

May

PRODUCTION— Continued
FOREST PRODUCTS

Total
Lumber
_
.
Pulpwood
-.
Gum (rosin and turpentine) * - Distilled wood
NEW ORDERS

Total
Textiles
-_
Iron and steel
Lumber
Paper and printing
Stone and clay products

--

STOCKS
Grand total

_

-

UNFILLED ORDERS
Total
Textiles
Iron and steel
Transportation equipment
Lumber
WHOLESALE TRADE
Grand total, all classes _
Groceries
Meats
_
Dry goods
Men's clothing
_
Boots and shoes
Hardware
Drugs
Furniture

-

RETAIL TRADE
CHAIN STORES:
Ten-cent _
Grocery.
\Vearinff apparel
Drug
Candy
Shoe
. .
DEPARTMENT STORES:
Sales . Stocks

-

-_

* Fluctuations between maximum and minimum due largely to seasonal conditions.




17
INDEXES OF BUSINESS—Continued
Maximum
since
Jan. 1,
1923

Relative to monthly average indicated

Minimum
since
Jan. 1,
1923

1928

March

April

PER CENT INCREASE (+)
OR DECREASE (— )

1929

May

March

April

May, 1929,

May, 1929,

May

from April,

from May,

0.0
+ 1.0
-1.0
+ 2.0
+ 1.1
-1. 1
0.0
-10.2
+ 2.3
-2,0
-1. 1
0.0
+ 1.8

+ 6.5
+ 1.0
+ 3.2
+ 10.9
+ 2.3
-1. 1
+ 2. 0
+ 9. 0
-3. 2
+ 8.6
-3. 2
+ 10. 2
+ 25.6
+ 11.7
+ 3. 1
+ 7.6
+ 14.9
+ 1.1
1+3.7
|"+5. 0

1929

1928

EMPLOYMENT *
(Relative to 1926 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, and glass
Metal products other than iron and steel
Tobacco products
Vehicles
Miscellaneous
Amount of pay roll, by industries:
Total, all classes
Food products. _ _ _ .
Textiles
Iron and steel
Lumber
Leather
._ _ _ ..
Paper and printing
Chemicals.
Stone, clay, and glassMetal products other than iron and steeL
Tobacco products
VehiclesMiscellaneous
. _ __
_

119
122
113
113
117
103
108
106
109
120
113
113

92
95
92
86
85
88
94
85
82
86
86
84
83

94
97
100
90
86
97
99
102
87
91
96
93
90

93
95
97
91
87
92
98
102
89
93
94
95
90

93
96
95
92
87
90
98
89
93
93
95
98
90

99
97
100
99
86
92
100
103
84
102
94
107
107

111

99
97
98
102
89
89
100
97
90
101
92
108
113

109
114
124
111
108
123
106
108
106
112
119
120
118

84
93
87
75
82
79
86
86
78
81
81
84
81

95
99
101
93
88
97
101
101
87
92
91
99
90

94
95
94
92
88
84
101
101
90
93
85
100
92

94
97
92
94
90
82
101
93
93
95
89
102
90

104
99
104
105
87
88
106
103
83
112
89
117
113

105
98
101
107
89
85
105
107
88
112
91
120
115

105
100
99
108
91
85
106
102
90
109
91
119
118

0.0
+ 2.0
-2.0
+ 0.9
+ 2.2
0.0
+ 1.0
-4.7
+2.3
-2.7
0. 0
-0.8
+ 2.6

152
178
253
164
166
252
108

125
108
108
98
122
81
79

137
136
174
139
137
147
89

140
144
179
142
134
154
85

148
160
181
151
134
166
86

140
124
112
160
144
155
90

138
120
110
164
138
152
88

136
113
119
164
137
148
86

-1.4
-5.8
+ 8.2
0.0
-0.7
2 6
-2. 3

-8. 1
-29. 4
34. 3
+ 8.6
+ 2. 2
10 8
0.0

105
114
107
127
114
112
113
116
104
111
127

94
94
85
98
94
81
97
90
94
97
79

96
104
98
124
97
81
98
91
96
98
87

97
108
100
127
97
81
98
93
96
98
85

99
110
101
126
197
182
k99
94
1 95
k 98
>85

98
107
98
108
197
> 81
106
98
96
97
80

97
105
98
108
96
81
106
98
95
97
79

96
102
98
107
94
81
105
97
94
97
80

1.0
-2. 9
0. 0
-0.9
-2. 1
0.0
-0. 9
-1.0
-1. 1
0.0
+ 1.3

3.0
-7. 3
-3.0
-15. 1
-3. 1
-1.2
+ 6.1
+ 3.2
-1. 1
-1.0
-5.9

128
103
109
106

95
93
93
93

98
95
98
94

98
96
100
95

99
97
101
96

99
97
99
95

97
97
97
95

95
96
95
94

-2. 1
-1. 0
-2. 1
-1. 1

-4.0
-1. 0
-5.9
-2. 1

106
112

85
95

104
104

106
104

104
102

102
100

100
98

99
96

-1.0 ,
-2.0

-3.8
-5. 9

111

99
96
99
100
88
90
100
108
88
103
93

ips

r+9. 7
r-3. 2

+ 14.7
+ 2.2
+ 16.7
+ 31. 1

PRICE INDEX NUMBERS
FARM PRICES
(Relative to 1909-1914 average as 100)

All groups
Grains
Fruits and vegetablesMeat animals
Dairy and poultry
Cotton and cottonseed
Unclassified
WHOLESALE PRICES
Department of Labor Indexes
(Relative to 1926 monthly average as 100)

All commodities
Farm products
Food, etc
Hides and leather products
Textile products
Fuel and lighting...
Metals and metal products
Building materials.
_._
Chemicals
House-furnishing goods
Miscellaneous
Classified by state of manufacture:
Semimanufactured articles
Finished products
Raw materials
Nonasjricultural commodities

_ _.

9*

Commercial Indexes
(Relative to 1926 monthly average as 100)
Dun's

Bradstreet's

* See table on pp. 21 and 22 of the June, 1929, issue for earlier data.
58183—29
3




18
INDEXES OF BUSINESS—Continued
Mini-

since
Jan. 1,
1923

since
Jan. 1,
1923

172
167
186
177
179
208
123
176

158
141
159
160
156
174
118
168

PEE CENT INCREASE (+)
OE DECREASE (— )

1929

mum

mum

Relative to monthly average indicated

1928

Maxi-

April

March

May

March

April

160
153
159
166
162
184
120
170

159
152
160
168
160
180
120
170

May

May, 1929,
from April,
1929

May, 1929,
from May,
1928

0. 0
+ 0. 7
0.0
0. 6
— 1. 9
—2 8
0. 0
— 1. 2

1. 9
— 0. 6
-1. 8
2. 3
-0. 6
0. 6
1. 6
1. 8

PRICE INDEX NUMBERS— Contd.
COST OF LIVING
National Industrial Conference Board Indexes
(Relative to July, 1914)

All items weighted
- -Food (Department of Labor)
Shelter
Clothing
_ _ Fuel and light (combined)
Fuel
Light
Sundries
.

-.
.«

161
152
163
171
160
179
122
171

161

151
165
173
163
184
122
171

162
154
163
171
158
176
122
171

159
153
160
167
157
175
120
168

PASSENGER-CAR AND MOTOR-TRUCK REGISTRATIONS
1914

1915

1916

1917

1918

1919

1920

1921

1923

8,672
5,040
5,642
123,504
17, 756

11, 634
7,753
8,021
163, 797
28, 894

21, 636
12, 300
15, 000
232, 440
43,296

32, 873
19, 890
28, 693
306, 916
87, 460

46, 171
23, 905
41, 458
407, 761
83, 244

58, 898
28, 979
49, 450
477, 450
104, 865

74, 637
34, 801
59, 082
583, 623
129, 255

82, 366
35, 611
67, 408
680, 614
145, 739

157, 262
194, 580
243, 539
126, 642
225 930
269, 519
90, 052
57, 828
68, 029 . 73', 682
94, 372
38, 034
49, 175
81, 047
141, 983
183, 589
214, 931
113, 300
206, 568
84, 596
209, 419
861,807 1, 100, 283 1, 319, 394 1, 440, 541 1, 600, 475 1, 693, 195 1, 799, 890
162, 328
213, 247
268,492
284, 867
188, 956
240, 097
248, 613

27, 786
3,050
4,833
3,368
20, 915

41, 121
5,052
8,009
10, 850
25,000

56,048
7,102
13, 118
20, 718
46, 025

74, 645
10,700
15, 493
27, 000
70, 324

86, 067
12, 955
30, 490
54, 186
104, 676

102, 410
16, 152
35, 400
55,400
137,000

119, 134
18, 300
34, 161
73,914
146, 000

134, 141
21, 413
40, 625
97, 957
131, 976

152, 977
24, 560
52, 792
116, 170
143, 423

181, 748
29, 977
74, 811
151, 990
173, 889

3,346
131, 140
66,500
106, 087
. . 49, 374

7,071
180, 832
96, 915
145, 109
72, 520

12, 999
248, 429
139, 065
198, 587
112, 122

24, 731
340, 292
192, 194
254, 462
159, 343

32, 289
389, 620
227, 160
278, 313
189, 163

42,220
478, 438
227, 255
364, 043
228, 600

50, 861
568, 924
333, 067
437, 378
294, 159

51, 294
663, 348
400, 342
461, 084
289, 539

53, 874
781, 974
469, 939
500, 158
327, 194

62, 379
69, 227
101, 336
108, 154
81,506
94, 760
969, 331 1,119,236 1, 263, 177 1, 370, 503 1, 438, 985 1, 504, 369
651, 705
583, 342
725, 410
813, 637
823, 806
772, 326
704, 203
571, 061
616, 128
659,202
733, 466
698, 998
410,891 457, 033 491, 276
375, 594
501, 901
533, 799

Kentucky
Louisiana
Maine . .
Maryland
M assachusetts

11, 766
12,000
15, 700
20, 213
77, 246

19,500
11,380
21,545
31, 047
102,633

31,500
17,000
30, 972
44, 245
136,809

47,420
28, 394
41,499
60, 943
174, 274

65, 884
40, 000
44,572
74, 666
193, 497

90,008
51,000
53, 425
95, 634
247, 182

112,683
73, 000
62, 907
102, 841
274, 498

126, 802
77,885
77, 527
136, 249
360, 732

154, 021
102, 284
92, 539
165, 624
385,231

198, 377
136, 622
108, 609
169, 351
481, 150

229, 804
178,000
127, 598
198, 465
570, 578

261, 647
207, 000
140, 499
234, 247
646, 153

Michigan.
Minnesota
Mississippi .
Missouri
Montana

76, 389
67, 862
5,694
54, 468
10, 200

114, 845
93, 269
9,669
76, 462
14, 540

160, 052
46, 000
25,000
103, 587
25, 105

247, 006
54,000
36, 600
147, 528
42, 749

262, 125
204, 458
48, 400
188, 040
51, 053

325, 813
259, 741
59,000
244, 363
59, 324

412, 717
324, 166
68, 486
297,008
60, 650

476, 452
323, 475
65, 039
346. 437
58, 785

578, 210
380, 557
77, 571
392, 523
62, 650

730, 658
448, 187
104, 286
476, 598
73, 828

867, 545
503, 437
134, 680
540, 500
79, 695

989, 010 1,118,785 1, 154, 773 1, 249, 221
569,694
673, 573
646, 682
630, 285
177, 262
218, 043
246, 242
205, 200
604, 166
712, 965
654, 554
682,419
94, 656
112,
735
126, 035
103, 958

Nebraska
Nevada _ _
New Hampshire
New Jersey
New Mexico.

16, 385
1,487
9,571
62, 961
3,090

59,000
2,009
13, 449
81, 848
5,100

101, 200
4,919
17, 508
109,414
8,228

148, 101
7,160
22, 267
141, 918
14, 086

173, 374
8,159
24,817
155, 519
17,647

200,000
9,305
31, 625
190, 873
18, 082

219,000
10,464
34,680
227, 737
22,100

238, 704
10, 821
42, 039
272, 994
22, 559

256, 654
12, 116
48,406
342, 286
25,473

286, 053
15, 699
59, 604
430,958
32, 032

308, 715
18, 118
71, 149
504,470
41,680

338,719
21, 169
81, 498
580, 554
49, 111

New York
North Carolina
North Dakota
Ohio
Oklahoma

168, 223
14, 677
17, 347
122, 504
13,500

255,242
21,000
24,908
181, 332
25,032

314, 222
33,904
40, 446
252, 431
52, 718

406, 016
55, 950
62, 993
346, 772
100,199

459,288
72, 313
71, 678
412, 775
121, 500

566, 511
109, 017
82, 885
511, 031
144, 500

676,205
140, 860
90, 840
621, 390
212, 880

812,031 1, 002, 293 1, 204, 213 1, 412, 879 1, 625, 583 1, 815, 434 1,937,918 2, 083, 942
182, 550
302, 232
148, 627
430, 499
246, 812
340, 287
464, 376
385, 047
92,644
99, 052
109, 266
117, 346
144, 972
160, 701
173, 525
157, 822
720, 634
858, 716 1, 069, 100 1, 241, 600 1, 346, 400 1, 480, 246 1, 570, 734 1, 649, 699
221, 300
249, 659
369, 903
424, 345
307,000
503, 126
529, 843
499, 938

Oregon
Pennsylvania
Khode Island
South Carolina
South Dakota

16, 447
112,854
12, 331
14,000
20,929

23, 585
160, 137
16, 362
15,000
28,724

33,917
230, 578
21,406
25,000
44,271

48,632
325, 153
37, 046
38, 332
67, 158

63, 324
394, 186
36, 218
55, 492
90,521

83, 332
482, 117
44,833
70, 143
104, 628

103, 790
570, 164
50,477
93, 843
120, 395

118, 198
689, 589
54,608
89,836
119, 274

192, 615
216, 553
134, 125
165, 962
244, 572
248, 118
233, 568
829,: 737 1, 043, 770 1, 228, 845 1, 330, 433 1, 455, 184 1, 554, 915 1, 642, 207
95, 482
66, 083
76, 312
101, 756
125, 698
110, 746
118, 014
95, 239
127, 467
199, 635
161. 753
168, 496
216, 805
181, 189
125, 241
142, 396
191, 374
131, 700
168,028
169, 552
168,230

Tennessee
Texas
Utah
Vermont
Virginia

19, 769
40,000
2,253
8,475
13, 984

7,618
40,000
9,177
11, 499
21, 357

30,000
125,000
13, 507
15, 671
35, 426

48,000
192, 961
24,076
21, 633
55, 661

63,000
251, 118
32, 273
22,553
72, 228

80,422
331,310
35,236
26, 807
94,100

101,852
427, 693
42, 616
31, 625
115, 470

117, 025
467, 616
47, 485
37, 265
139, 200

135, 716
526, 238
49,164
43, 881
168,000

173, 365
688, 233
59, 525
52, 776
218, 896

204, 680
801, 833
68, 316
61, 179
261,945

294, 567
322, 137
244,626
279, 639
975, 083 1, 049, 869 1, 111, 407 1, 214, 297
73, 427
93, 974
98,541
85, 380
69, 576
79, 527
86, 231
74,063
282, 650
322, 614
337,607
360, 545

Washington
West Virginia _
Wisconsin
Wyoming

30, 253
6,159
53, 161
2,428

38, 823
13, 279
79, 741
3,976

60, 734
20,571
115,645
7,125

91, 337
31,300
158,637
12, 523

117, 278
38, 750
196, 253
16,200

148, 775
50, 203
236,290
21, 371

173, 920
80,664
293, 298
23, 926

185,359
93, 940
341,841
26,866

210, 716
112, 763
382,542
30, 637

258, 264
157, 924
457,271
39, 831

295,443
191, 085
525, 221
43,639

328,442
217, 589
594, 386
47, 71*1

STATE
Alabama
Arizona
Arkansas
California
Colorado

.

Connecticut.
Delaware
Dist. Columbia
Florida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas . _

Total .

1923

1924

217, 236
35, 136
88, 762
195, 128
207, 688

1925

250, 669
40, 140
103, 092
286, 388
248, 093

1926

263, 235
44, 834
111,497
401, 562
277, 468

281, 557
239, 500
151, 486
252, 852
690, 190

366, 773
24, 014
89,001
651,415
54,996

363, 279
227, 836
662,282
49, 883

1927

281,521
47, 124
111, 680
394, 734
300, 635

285, 621
255, 000
163, 623
276, 863
694, 107

373, 912
25, 776
96,009
712, 396
59,291

384, 583
245, 819
698, 289
51, 955

1928

309, 792
51, 210
126, 556
352, 961
318, 856

304, 231
264, 293
172, 638
285,311
726, 295

391, 355
27, 376
102, 644
758, 430
65, 737

402, 875
251, 556
742, 135
56, 336

1,711,339 2, 445, 666 3, 512, 996 4,983,340 6,146,617 7,565,446 9, 231, 941 10,463,295 12,238,375 15, 092, 177 17, 593, 677 19, 937, 274 22, 001, 393 23, 133, 241 24, 493, 124

i Compiled by the 17. S. Department of Agriculture, Bureau of Public Roads, from reports of State authorities, showing total number of automobiles and trucks which
paid the regular license fee, reregistrations and nonresident cars being eliminated. Passenger cars include taxicabs, busses, and other vehicles for hire; trucks include tractors.
There is lack of uniformity as between the reports of the several States with respect to the classification of light-weight commercial vehicles, with respect also to vehicles owned
by the State, municipal, or county governments, and with respect to the period covered when such period is not the end of the year, but it is believed that these differences
are not so material as to negative comparison between the States.




19
RELATIVE DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING-HOUSE CENTERS
GROUPED BY FEDERAL RESERVE DISTRICTS
[Table continued on p. SO]
BOSTON DISTRICT
U.S.
TOTAL
141
CEN- Tota,, Boston Hart- Proviford
dence
TERS centers

YEAR AND MONTH

1919 av. mills, dolls
1919 monthly average..
1920 monthly average. _
1921 monthly average. _
1922 monthly average. _
1923 monthly average. .
1924 monthly average. .
1925 monthly average ._
1926 monthly average..
1927 monthly average..
1928 monthly average..

1927
May
June
July
.
August
September
October
November
December.
._
1928
January
February
March
April
May
_.
June
July
August
September
_
O ctober
November
December.. _
1929
Januarv
_
February
March
April
May
June
_
July

._
_.

_ _
_..
_. _

NEW YORK DISTRICT

New

Haven

Total,
New
Albany Buffalo Roches7
York
ter
centers

Scran- Trenton
ton

1,769

1,245

92

144

72

20, 917

87

263

120

20,354

1,625

1,373

53

43

100.0
106.0
88.7
97.8
103.2
109.5
126.8
135.3
150.0
179.5

100.0
109.2
102.4
105.5
117.1
120.9
136.7
141.6
158.1
161.3

100.0
105.9
106.7
109.3
120.2
125.6
143.9
157.0
168.9
169.1

100.0
117.4
98.9
103.3
119.6
131.3
141.7
152.3
202.5
232.7

100.0
118.7
93.0
95.1
105.5
104.4
114.9
113.4
113.2
115.5

100.0
118.1
98.6
104.2
122.2
125.8
134.6
139.6
148.6
162.4

100.0
99.4
85.2
98.4
98.2
108.3
128.7
139.0
160.1
203.7

100.0
111.5
119.5
119.5
118.3
134. 8
147.7
154.0
168.3
179.0

100.0
114.8
92.8
99.6
114.8
115.0
133.3
136.9
140.6
166.0

100.0
119.2
103.3
110.0
124.2
129.0
144.3
146.3
152.2
157.8

100.0
98.8
84.8
98.2
97.6
107.9
128.3
138.8
160.3
204.8

100.0
113.3
95.8
102.5
114.3
116.8
129.5
134.6
140.0
156.2

100.0
112.4
93.8
101.7
111.9
114.3
128.1
133.1
138.6
155.8

100.0
124.5
122.7
109.4
139.6
142.3
138.9
144.2
145.5
146.6

100.0
125.6
111.6
118.6
137.2
146.5
159.6
168.5
175.6
187.4

144.6
151.8
143.4
143.4
151.6
158.1
152.5
174.8

154.0
161.0
152.5
137.2
148.2
174.3
170.7
181.8

165.8
171.5
160.1
142.1
156.0
186.0
183.6
192.9

180.4
219.6
222.8
207.6
216.3
226.1
210.9
266.3

111.1
112.5
107.6
100.0
102.8
122.9
124.3
130.5

141.7
145.8
152.8
138.8
151.4
166.7
148.6
166.7

153.6
162.0
151.2
155.1
163.6
167.3
163.0
190.7

205.7
170.1
168.9
156.3
143.6
133. 2
147. 1
162.0

135.0
144.5
146.0
133.5
147.5
151.7
139.5
161.6

136.7
164.2
152.5
139.2
150.0
162.5
137.5
173.3

153.6
162.2
151.1
155.5
163.9
167.5
163.5
191.3

138.5
141.2
136.1
128.4
136.8
144.8
139.4
159.8

137.4
140.7
133.9
126.5
133.9
141.7
139.3
159.3

145.3
145.3
139.6
134.0
164.2
154.7
141.5
149.1

172.1
162.8
197.7
158.2
167.5
176.8
167.5
214.0

168.0
145. 6
188.7
179.0
191.3
193.6
157.5
156.3 •
168.7 i
194.7
190.6
220.1

176.8
135.7
167.3
169.3
170.0
163.5
149.1
143.4
142.4
172.2
166.8
178.5

186.4
139.2
176.1
179.3
177.0
168.6
157.4
152.2
148.8
180.4
176.5
187. 5

258.7
206.5
243.5
257.6
272.8
245.7
200.0
188.1
210.9
231.5
217.4
259.8

150.0
116.6
122.9
125.7
129.1
134.0
111.1
106.9
110.4
142.3
124.3
137.5

159.7
143.1
165.3
161.1
175.0
175. 0
161.1
147.2
152.8
176.4
159.7
172.2

185.5
160.3
218.7
204.0
221.4
222.4
172.1
172.0
189.4
220.9
220.0
257.2

137.9
160.9
255.1
162.0
265.4
202.2
152.8
142.5
139.0
156.3
157.4
198.8

164.6
131.5
148.7
154.0
167.7
173.0
160.4
162.0
162.7
190.5
180.2
196.6

160.0
125.8
150.0
159.2
160.8
196.7
153.3
139.2
148.3
165.0
155.0
180.0

186.1
160.9
220.0
205.3
222.4
223.3
172.4
172.5
190.3
222.0
223.4
259.0

151.3
125.7
157.4
155.3
163.5
175.8
143.8
132.8
146.6
169.7
163.6
189.3

149.7
122.9
154.8
155.5
164.0
177.8
142.9
131.1
146.1
169.4
164.7
191.2

137.8
128.3
217. 0
141.5
154.7
151.0
130.2
126.4
134.0
145.3
137.8
154.7

195.4
195.4
172.1
167.5
186.1
202.4
172.1
172.1
172.1
195.4
188.4
230.3

221.3
189.1
223.2
199.7
204.5

181.3
151.2
171.4
166.0
167.4

187.9
159.5
178.4
168.8
173.7

295.7
220.7
267.4
301.1
254.4

143.7
117.3
134.0
131.9
133.3

195.8
144.5
172.2
172.2
166.7

266.7
225.4
270.0
234.4
244.4

186.1
157.4
233.2
241.3
282.7

191.2
149.8
180.2
181.4
176.0

175.0
141.7
165.8
153.3
149.2

268.8
227.4
272.3
235.7
245.9

179.1
156.1
175.1
178.4
166.7

178.9
155.9
177.7
179.9
167.1

151.0
137.8
143.4
141.5
141.5

200.0
216.3
181.4
193.1
183.8

Grand
Des
Moines Rapids

Sioux
City

Total,
Atlanta
15
centers

1919 av., mills, dolls
1919 monthly average _ _
1920 monthly average. _
1921 monthly average _ _
1922 monthly average. _
1923 monthly average ._
1924 monthly average _ _
1925 monthly average _.
1926 monthly average ._
1927 monthly average- _
1928 monthly average-1927
May
June. _ _ . _
July
August
September
October
November
December
1928
January ..
.
February
March
_
April
May.
. . .
June
July
August _..
September
October _
November
December
1929
January..
February
March
.
_
April
May
.
June
July.
See footnotes on p. 21.

Total, Phila10
centers delphia

37, 446

ATLANTA DISTRICT
YEAR AND MONTH

PHILADELPHIA DISTRICT




Birmingham

New
Or-

leans

Jack-

son-

ville

CHICAGO DISTRICT
Nashville

Augusta

Total,
21
centers

Chicago

MilDetroit Indianapolis waukee

928

123

59

304

48

93

37

4,242

2,800

525

136

237

83

75

63

100.0
115.1
84.2
86.0
100.0
105.3
125.0
128.1
123.9
123.1

100.0
108.9
85.4
90.2
108.9
113.1
129.2
132.7
127.8
137.7

100.0
128.8
103.4
133.9
183.1
199.3
226.7
243.8
253.5
255.4

100.0
115.4
82.2
89.5
97.4
106.4
118.2
113.7
114.8
112.6

100.0
125.0
91.7
97.9
112.5
126.5
206.2
232.6
181.6
156.4

100.0
120.4
105.4
71.0
78.5
79.2
87.6
89.7
97.6
108.5

100.0
110.8
64.9
70.3
83.8
74.6
78.2
72.6
74.8
75.0

100.0
116.0
92.0
96.8
108.8
110.8
124.9
132.0
137.9
155.3

100.0
113.0
91.7
96.2
105.0
106.3
120.4
127.5
136.8
152.3

100.0
125.2
91.2
101.3
125.7
130.6
158.3
166.4
162.8
213.2

100.0
123.5
100.0
104.4
115.4
110.9
115.4
135. 2
136.2
139.6

100.0
124.0
97.5
101.7
115.6
110.5
119.4
127.3
130.1
131.5

100.0
114.5
84.4
83.1
97.6
103.2
89.8
98.1
98.9
100.2

100.0
128.0
109.3
81.3
89.3
89.2
114.1
115.5
110.3
118.0

100.0
109.5
63.5
101.6
119.0
123.4
136.9
129.1
114.7
92.5

116.6
115.9
116.4
113.9
130.9
137.7
121.4
136.9

124.4
118.7
123.6
115.4
130.1
146.3
121.1
137.4

245. 8
235.6
239.0
240.7
278.0
300.0
257.6
272.9

99.7
103.3
103.6
105.2
127.9
130.6
116.1
137.5

183.3
177.1
164.6
156.2
154.1
160.4
160.4
181.2

92.5
98.9
102.1
93.5
94.6
110.7
96.8
106.4

70.3
64.9
64.9
64.9
100.0
97.3
73.0
86.5

140.4
142.8
134.8
136.7
138.0
142.6
135.0
153.6

141.2
141.1
130.4
136.2
137.3
142.4
135.9
155.1

157. 4
176.2
172.2
164.0
165.2
170.4
151.4
185.7

137.5
137.5
141.2
128.7
130.1
135.3
134.6
139.7

131.6
128.7
126.6
125.7
124. 5
133.3
127.0
135.9

102.4
108.5
96.4
89.2
97.6
101.2
98.8
104.8

112.0
113.3
110.6
108.0
108.6
108.0
104.0
118.6

111.1
117.4
114.3
111.1
112.7
128.5
95.2
87.3

127.6
112.4
127.0
118.5
122.0
118.6
114.7
112.9
114.4
134.0
129.9
145.5

130.1
123.0
135.0
126.0
132.5
126.8
121.1
117.1
122.8
145.5
167.5
204.9

271.2
225.4
245.8
240.7
271.2
250.9
245.8
235.6
242.4
294.9
261.0
279.7

123.0
103.6
115.4
106.6
106.2
105.2
107.2
102.3
107.6
120.7
119.4
134.2

164.6
166.6
175.0
158.3
160.4
158.3
147.9
143.7
133.3
152.1
143.7
172.9

102.1
97.8
116.1
104.3
109.7
110.7
96.8
121.5
100.0
120. 4
120.4
111.8

83.8
78.4
81.1
75.7
73.0
64.9
64.9
62.2
64.9
89.2
73.0
86.5

148.0
128.7
157.6
155.1
162.0
162.1
145.4
146.6
151.7
165.8
155.9
184.6

149.3
126.6
156.9
158.9
162.6
159.2
139.3
139.7
144.1
160.5
153. 1
176.9

178.1
160.8
197.9
184.0
206.1
217.4
205.5
216.6
237. 2
236.8
216.2
301.4

138.2
136.0
146.3
131.6
141.9
137.5
135.3
133.8
127.9
146.3
143.4
156.6

133.3
120.7
138.0
129.5
134.6
42.6
131.2
129.5
121.5
138.4
127.0
131.2

87.6
86.8
106.0
102.4
108.5
108.5
94.0
97.6
95.2
106.0
100.0
100.0

112.0
98.6
114.6
106.6
121.3
124.0
114.6
114.6
116.0
126.6
124.0
130.6

84.1
87.3
101.6
88.9
95.2
100.0
95.2
95.2
95.2
101.6
74.6
90.5

143.6
120.2
134.3
132.3
126.3

186.2
169.9
195.9
188.6
187.0

281.4
215.3
252.6
255.9
252.6

129.6
105.6
117.4
112.2
104.3

168.7
158.3
175.0
183.3
162.5

146.2
119.3
129.0
119.3
109.7

75.7
64.9
75.7
75.7
70.3

173.7
153.3
180.3
163.4
166.5

170.1
154.9
185.7
158.9
160.0

255.3
201.4
220.2
234.9
252.4

155.1
140.4
150.7
143.4
151.5

128.3
115.2
130.8
122.8
117.3

101.2
86.8
100.0
101.2
106.0

133.3
104.0
126.6
118.6
128.0

98.4
88.9
101.6
106.3
104.7

20
RELATIVE DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING-HOUSE CENTERS—Continued
GROUPED BY FEDERAL RESERVE DISTRICTS
[Table continued on p. 11}
CLEVELAND DISTRICT
YEAR AND MONTH

Total,
CleveAkron Cincin13
land
nati
centers

RICHMOND DISTRICT

Total, BaltiColumRichPitts- Y'ngs7
burgh town Toledo bus Dayton centers
more Norfolk mond

Greenville 2

1919 average millions of dollars. ._

1,963

90

247

653

746

60

116

116

50

718

404

84

116

37

1919
1920
1921
1922
1923
1924
1925
1926
1927
1928

100.0
116.4
89.6
94.6
110.9
109.4
122.0
127.4
136.6
141.4

100.0
115.6
63.3
63.3
80.0
81.4
100.0
104.5
112.9
124.5

100.0
113.0
107.7
117.4
133.6
128.0
142.7
150.3
167.2
181.2

100.0
115.9
81.9
84.1
99.2
96.8
106.6
115.9
124.9
130.0

100.0
118.5
94.9
97.2
112.7
113.2
126.4
126.7
137.1
136.1

100.0
110.0
78.3
83.3
103.4
101.6
117.0
118.0
118.5
124.1

100.0
117.2
100.0
132.8
153.5
155.7
179.2
189.5
205.2
241.0

100.0
111.2
102.6
112.1
128.5
116.0
126.9
138.3
144.8
148.3

100.0
104.0
110.0
112.0
138.0
136.0
156.0
176.5
188.8
194.5

100.0
111.8
95.5
89.6
98.6
96.3
106.7
108.4
107.1
105.4

100.0
115.6
104.9
89.1
93.3
93.4
104.6
107.4
104.2
102.0

100.0
102.3
71.4
78.5
88.1
82.2
85.8
94.2
89.0
85.4

100.0
108.7
98.3
100.9
112.9
109.1
122. 9
121. 5'
120. 2
123.6

100.0
102.7
67.6
67.6
78.4
69.4
73.0
76.2
75.0
64.2

131.9
152.1
141.4
125.8
128.4
134.8
125.6
150.0

114.4
121. 1
128. 9
113.3
120.0
117.8
104.4
126.7

158.7
168.0
176.5
163.2
163.2
170.9
159.9
197.6

116.7
131.2
131.4
115.1
122.3
133.8
114.1
147.6

132.7
169.8
141.4
120.6
120.3
126.2
121.9
136.5

113.4
125.0
131.7
111.7
113.4
120.0
118.4
111.7

209.5
205.2
198.3
199.1
195.7
194.0
208.6
257.8

141.4
145.7
142.2
138.8
141.4
147.4
135.3
165.5

192.0
202.0
200.0
178.0
184.0
182.0
164.0
204.0

99.7
106.7
102.9
104.2
105.9
117.8
111.0
120.6

95.5
104.4
103.0
104.9
103.5
114.3
102.2
116.1

89.3
90.4
86.9
82.1
78.5
92.8
96.4
97.6

109. 5
82. 1
111.2
115.5
128.5
137.1
143.1
143.1

73.0
75.7
67.6
67.6
78.4
83.8
75.7
75.7

_

142.4
121.0
135.0
139.7
137.8
151. 8
137.5
130.0
135.3
156.1
140.5
169.9

117.8
107.8
113.3
130.0
118.9
132.2
132.2
117.8
125.5
141.1
116.7
141.1

201.2
171.3
175.3
192.7
174.1
198.8
171.7
158.3
159.1
188.3
169.7
214.2

136.6
110.5
120.9
128.1
122.0
136.4
126.2
119.4
124.3
150.0
123.4
162.1

133.5
117.9
129.6
133.3
134.8
150.5
130.1
125.2
129.6
147.1
142.3
159.6

118.4
100.0
111.7
121.7
123.4
135.0
126.7
121.7
123.4
136.7
118.4
151.7

237.9
198.3
238.8
242.3
244.8
260.4
238.8
210.4
230.2
271.6
240.5
277.6

150.7
202.0
127.6
164.0
150.9
214.0
154.3 • 190.0
146.6
190.0
151.7
206.0
137.9
202.0
136.2
186.0
138.8
182.0
151.7
202.0
146.6
168.0
186.2
228.0

108.7
95.0
109.4
105.7
105.0
114.2
101. 4
96.5
93.6
112.7
102.8
120.1

105.2
92.1
106.4
102.2
103.7
119.0
102.7
93.3
86.4
104.0
95.8
112.6

84.5
76.2
83.3
84.5
90.4
84.5
80.9
82.1
72.6
94.0
83.3
107.1

130.2
110.3
123.3
110.3
111.2
119.0
112.1
117.2
128.5
146.6
130.2
144.8

73.0
67.6
75.7
73.0
67.6
56.8
54.1
48.7
51.4
70.3
64.9
67.6

.

154.2
139.6
150.0
158.5
145.7

136.7
125.5
133.3
140.0
134.4

202.5
176.5
184.2
201.2
172.5

138.9
134.1
140.4
153.1
135.8

147.1
139.9
148.7
154.0
147.7

138.4
115.0
135.0
138.4
120.0

244.0
170.7
199.1
219.0
185.4

174.1
150.0
158.6
173.3
159.5

113.3
96.4
108.4
110.3
104.9

106.2
93.3
104.4
109.1
101.2

94.0
73.8
85.7
80.9
82.1

133.6
114.7
125.0
121.6
115.5

73.0
62.2
64.9
59.5
59.5

monthly average
monthly average
monthly average
monthly average
monthly average
monthly average
monthly average
monthly average
monthly average
monthly average

May
June
July
August
September
October
November
December

.

...

1927

_

-

- -

_

_ _ _ _ _

1928
January
February.
March
April
.
May
June
July
August
September _._ _ _ _
October
November _.
December
1929
January
February
March
_
_
April
May
June
Julv7

_

-

_ _ _

.

""1

ST. LOUIS DISTRICT

DALLAS DISTRICT
YEAR AND MONTH

1919
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928

av., mill, dolls ....
monthly average..
monthly average. _
monthly average. _
monthly average. _
monthly average. _
monthly average..
monthly average..
monthly average..
monthly average. .
monthly average. .

1937
May..
June
July
August
September
October
November
December
1928
January
February
_ _ ..
March
April
May
June
July
August. . -..September
October
November
December
1929
January
February
March
April
_ _
May ..
June
July

See footnotes on p. 21.




242.0
190.0
232.0
216.0
198.0

Total,
Dallas Hous11
ton
centers

Fort
Worth

Summary Louisville
for 5
centers

St.
Louis

Memphis

MINNEAPOLIS DISTRICT
Little
Rock

Total,
9
Duluth Minneapolis
centers

St.
Paul

Helena Killings

11

9
100. 0

521
100.0
117.4
94.2
97.9
101.3
101.5
112. 4
119.1
124.5
134.6

161
100.0
114.3
90.7
96.9
107.5
112.7
130.8
131.5
135.6
148.5

138
100.0
115.2
86.2
81.2
89.0
91.2
103.6
126.0
131.9
140.1

92
100.0
119.6
109.8
119.6
93.5
78.0
82.4
92.1
103.2
115.8

965
100.0
105.4
89.0
94.5
110.4
110.6
124.2
127.3
127.4
133.8

150
100.0
92.3
82.0
87.8
101.9
106.7
120.8
128.7
123.6
131.3

617
100.0
106.5
91.9
94.2
108.4
108.2
120.8
122.7
120.9
129.0

136
100.0
107.4
73.5
87.5
106.6
101.1
111.7
111.5
119.6
117.0

36
100.0
125.0
116.7
127.8
169.5
186. 1
204.9
226.4
220.8
230.4

659
100.0
108.5
82.7
88.0
94.8
104.2
114.3
104.9
110.0
117.5

90
100.0
120.0
84.4
82.2
85.5
117.7
118.2
88.3
103 0
101.3

354
100.0
109.6
84.2
85.0
91.5
103.8
119.4
110.3
113.9
124. 6

162
100.0
98.2
75.3
97.5
106.8
101.6
104.7
102.2
106.7
110.6

100.0
100.0
100.0
90.9
81.8
85.6
85.6
82.6
83.3
87.9

110.5
111.5
111.5
110.9
134.5
145.1
136. 2
149.7

112.4
116.8
115.5
117.4
151.5
166.5
160.9
167.1

119.6
114.5
115.2
123.2
152.9
154.3
133.3
157.2

95.7
100.0
102.2
90.2
98.9
113.0
115.2
130.4

124.5
128.8
120.3
115.5
124.0
138.0
134.1
145.1

118.6
126.9
123.7
114.1
119.2
125.0
118.6
129.5

120.9
124.8
116.4
111.8
113.6
124.8
123.4
139.1

114.7
107.4
94.1
93.4
132.4
161.0
147.1
143.4

183.3
197.2
200.0
197.2
227.8
277.8
280.6
258.4

99.1
100.9
102.7
101.3
138.4
153.8
130.3
117.9

88 9
96.7
80.0
75.5
156.7
203.3
153.3
95.5

104.8
103.1
107.4
110.2
150.6
155. 7
128.0
120.9

94.4
100.0
104.9
95.7
101.9
124.7
124.7
124.1

72.7
72.7
90.9
90.9
90.9
109.1
81.8
90.9

77.8
77.8
88.9
77.8
111.1
144.4
111.1
111.1

132.0
118.0
129.7
121.3
123.8
12S. 6
120.7
123.0
141.8
163.5
145.5
167.0

147.2
132.9
142.9
129.8
132.9
131.7
126.1
131.1
163.3
188.8
169.6
185.1

134.8
118.8
132.6
123.9
124.6
141.3
129.7
129.7
147.8
176.8
147.1
173.9

113.0
97.8
108.7
105.4
112.0
113.0
114.1
108.7
116.3
127.2
119.6
153.3

135.4
119.7
132.9
128.2
138.2
144.1
125.0
119.9
122.9
147.1
134.3
157. 8

129.5
119.9
131.4
130.1
135.3
145.5
125.0
119.2
128.2
134.6
128.2
148.7

130.8
115.4
127.6
125.0
137.6
145.6
123.8
117.8
114.4
136. 5
122.7
150.4

123.5
99.3
115.4
103.7
102.9
102.9
97.1
91.9
110.3
155. 1
146.3
155.9

227.8
208.4
230. 6
211.1
222.2
202.8
194.5
194.5
233.4
300.0
261.1
277.8

101.2
91.8
111.5
107.6
115.3
119.8
112. 3
109.4
131. 8
155.0
127.3
127.3

71.1
61.1
80.0
75.5
107.8
110.0
77.8
77.8
142.2
181.1
130.0
101.1

105.9
95.2
116.4
118.4
125.1
127.1
122.9
119.8
139.3
159.3
131.9
134.2

109.3
101.9
118.5
102.5
100.6
111.1
106.8
101.2
109.9
125.9
113.6
125.3

72.7
63.6
81.8
72.7
72.7
81.8
81.8
100.0
90.9
127.3
100.0
109.0

88.9
88.9
111.1
100.0
100.0
100.0
100.0
100.0
122.2
166.7
133.3
111.1

154.7
131.8
147.6
142.2
140.3

178.3
146.0
168.3
154.0
145.3

149.3
136.2
152.9
145.6
157.2

132.6
104.4
117.4
120.7
115.2

146.8
125.6
140.7
134.6
132.1

150.6
133.3
136. 5
127.6
136.5

137.5
117.2
133.2
131.5
128.2

144. 9
120.6
13fi. 0
121.3
114.7

236.1
200.0
238.9
225.0
216.7

113.0
100.0
113.0
112.0
116.1

74.4
66.7
75.5
77.8
91.1

122.3
107.4
120.9
119.8
126.8

113.0
103.1
117. 3
111.1
105.6

90.9
72.7
81.8
100.0
81.8

100.0
77.8
100.0
100.0

1
i

111.1

88.9
77.8
88.9
78.7
84.3
88.0
92.6
110.2

111.1

j
'

21
RELATIVE DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING-HOUSE CENTERS—Continued
GROUPED BY FEDERAL RESERVE DISTRICTS
KANSAS CITY DISTRICT
YEAR AND MONTH

Omaha

St.
Joseph,
Mo.

413

264

85

68

94

1,909

314

181

760

206

63

109.8
82.0
84.2
90.6
85.7
95.5
100.4
102.3
108.9

100.0
139.7
98.6
102.7
111.6
112.9
121.5
123. 2
120.4
125. 4

100.0
94,9
74.6
74.3
84.3
81.4
90.1
93.4
93.8
102.4

100.0
95.5
67.4
73.1
77.7
69.7
76.9
75.4
76.0
82.1

100.0
97.6
81.1
69.4
72.9
71.6
72.7
73.4
66.9
70.0

100.0
153. 0
129.4
119.2
114.7
112.1
127.4
139.1
154.6
167. 1

100.0
131.9
88.3
105. 3
104.3
89.5
112.6
136.0
139.2
147.0

100.0
123.2
104.4
107.2
126.3
128.9
142.9
155.7
172.3
198.7

100.0
139.2
143.0
165.0
223. 6
236.7
251.1
278.1
297.2
342.7

100.0
108.8
82.3
76.2
86.2
89.4
92.0
101. 0
94.2
101.4

100.0
124.6
101.9
94.8
104.0
107.1
126.1
138.2
165.0
201.6

100.0
96.1
67.0
73.3
83.0
87.7
98.0
103. 2
105.8
119.7

100.0
160.3
128.5
144.4
192.0
196.3
227.3
273.0
356. 7
399.1

97.1
101.1
104.0
103.7
102 1
108.4
104.1
113.8

123.3
118.5
115.7
115. 7
120. 5
132. 2
126.0
126.0

88. 9
91.3
99.0
101.9
98.8
102.4
94.4
105.8

71.6
75.4
76.5
86.7
78.4
83.3
73.5
76.9

67.0
68.2
67.0
67.0
65.9
68.2
67.0
71.7

148.6
161.8
151.5
132.4
147.1
163. 3
169. 2
189.8

128.7
137.3
133.0
127.7
128.7
131.9
131.9
173.4

161.4
165.8
164.1
158.7
171.5
184.2
180.1
198.2

280.6
281.2
279.0
266.3
273. 6
295.9
305. 8
330.0

99.5
90.1
90.6
94.5
100.0
101.7
105.0
94.5

151.7
157.9
156.7
147.9
168.8
188.2
174.2
197.3

98.5
106.3
99.5
112.1
117.0
115.0
108.2
117.0

339.6
360.2
344.4
333. 3
339. 6
358.7
353. 9
436.4

105.5
94.6
107. 5
101.9
103.1
107. 1
112.7
112.8
110.7
122.7
107. 0
120.9

119.9
106. 8
126.0
125. 3
123.3
126. 0
120.5
122.6
129.4
145.2
128.1
131. 5

99.3
85.2
100.0
93.2
94. 2
96.8
113. 1
112.1
105.1
117.7
99.5
113.1

76.9
75.4
88.3
76.1
80.7
81.4
83.7
90.9
89.4
88.6
75.8
77.7

72.9
68.2
77.6
64.7
69.4
68.2
65.9
69.4
70.6
72.9
65.9
74.1

160.3
144.2
164.8
166.2
157.4
161.8
157.4
151.5
163.3
203.0
167.7
207.4

140.4
124.5
128.7
126.6
135.1
145. 8
133. 0
147.9
151.1
168.1
155.3
207.5

183.3
179.1
212.6
198.8
218.8
224.1
177.8
178.5
192.7
206.1
190.6
222. 5

317.5
309.3
366.6
348.1
371.1
367.2
300.7
306.4
325.8
369.5
357.4
372.6

84.5
81.2
91.2
89.5
111.1
109.9
102.2
102.2
102.8
114.9
116.0
111. 1

180.4
188.5
221.6
198.5
235. 8
249.9
171.7
170.8
194.1
192.7
194.2
221. 1

108.2
97.1
133.0
123.8
126.7
125.7
113.1
118.4
116.5
134.9
108.7
130.1

396.8
336. 4
414.2
447. 5
401.5
406. 3
369.8
355. 5
369. 8
409.4
349. 1
533.2

117. 1
102. 3
117.9
116. 0
112.7

136.3
118.5
148. 6
145. 2
135.6

107.3
94.4
111. 6
104.8
105.3

84.1
75.8
89.4
86.0
83.0

74.1
61.2
69.4
68.2
65.9

185.3
175.0
176.5
185.3
186.8

184. 1
147.9
159.6
172. 4
161.7

209.4
187.4
223.3
191.5
197.7

404.2
371.4
435.1
383. 8
394.9

101.1
97.2
110.5
98.3
111.6

189.1
172.3
210.6
164.0
174.0

133.0
112. 1
140.3
128.6
125.7

407.9
349.1
417.4
366.6
372.9

Minneapolis

Kansas
City

Total,
14
centers

Denver

1919 average, millions of dolls.

1,231

146

1919 monthly average. _
1920 monthly average
1921 monthly average.
1922 monthly average
1923 monthly average.
1924 monthly average
1925 monthly average.
1926 monthly average
1927 monthly average
1928 monthly average

100.0

May
June
July
August
September
October
November
December

Kansas
7
Sr*
Mo.'

Oklahoma
City

Tulsa

Total,
18
centers

Los
Angeles

Portland,
Oreg.

San
Francisco

Seattle

Oakland,
Calif.

1937

1938
January..
February
March
April
May
June
...
July
August
Seotember...
October
November
December
January
February.
March
\pril
May
June
July

SAN FRANCISCO DISTRICT

_ -.
.

1929
__
...
_.

DISTRICT TOTALS— SEASONAL VARIATIONS ELIMINATED
U.S.
total

YEAR AND MONTH
1919 monthly average
1920 monthly average
1921 monthly average
1922 monthly average
1923 monthly average
1924 monthly average
1925 monthly average.
1926 monthly average
1927 monthly average
1928 monthly average

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

Boston

New
York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

1928
...

.-

_.

San
Dallas Francisco

100.0
108.0
88.7
97.8
103.3
109.5
126.7
135.4
150.0
179.1

100.0
109. 5
101.9
105.4
117.1
121. 1
136.6
146.0
158.1
161. 3

100.0
99.3
85.1
98.5
98.0
108.3
128.6
139.0
160.2
203.1

100.0
105.1
95.9
102.5
114.4
116.8
129.4
132.1
140.0
155. 9

100.0

100.0
112.1
95.6
89.5
98.8
96. 5
106. 8
108.5
107. 3
105.6

100.0
115.1
84.4
85.9
99.9
105. 3
124. 8
128.4
124.1
123.2

100.0
116.1
92.0
96.8
109.0
110.8
123.8
132.1
137.9
155.1

100.0
105. 5
89.1
94.2
110.3
110.5
124.1
127.3
127.3
133. 3

100.0
108.5
82.9
87.9
95.0
103.1
114.4
105.3
109.5
117.3

100. Of

109. 8"
82.1."
84.1
89.7
87. Of
95. 4 '
100. 3
102.1
108.8

100.0
118.0
94.3
97.9
101.1
101.2
112.4
119.4
124. 5
134, 5

100.0

116.4
89.8
94.5
111.1
109.5
122.0
127.4
136.7
141.3

144.5
146.8
144.7
155. 7
159. 6
148.0
149.5
155.0

154.7
154.8
150. 8
155.7
163. 0
159.9
161.8
160.6

150.6
155.2
153. 5
172.7
176.7
157.7
159.2
167.9

139. 8
134.2
135. 3
135. 4
141.5
136.5
141.2
141.4

136. 1
146.1
137.0
132.1
131.8
131.5
128.8
130. 5

103. 3
104.0
102.3
107. 5
110.9
108.4
106.5
104.8

120.7
119.9
122.8
126.3
135. 8
124.2 *
114.2
119.1

141.5
139.6
133.1
140.2
139.7
135. 0
137.2
141.4

127.0
127.7
123.8
126.6
130.5
126.0
131.6
129.1

105.6
102.9
107.9
105.9
125. 2
129.9
121.0
106.2

98.4
101. 3
103. 7
101.6
100.8
102.3
104.5
109.7

118.8
119.0
124.4
123.4
130.0
123. 3
123.1
126.4

167.1
167.1
166. 1
163. 4
169.8
169.1
173.3
173.6

160.9
169.3
186.6
183.2
191.1
187.2
158.9
169.7
177.6
182.3
186.9
195. 1

166.5
157.8
167.8
174.5
170.9
157.2
147. 5
162.8
156.7
158. 0
158. 1
157.7

175.8
187.5
215.0
206.5
217.1
213. 0
174.7
191. 5
204.5
208.2
216.8
226.4

148.0
146.5
156.9
159.3
165. 0
167.1
142.9
140.1
151.6
159. 9
165.8
167.5 ;

136.8
139.4
137.5
140.8
142.2
145.8
133.2
136.6
138.9
152. 3
144.1
147. 9

104.8
110.9
113.3
112. 4
108.8
111.3
100. 8
99.6
98.0
103.7
98.7
104.3

117.6
126.6
126.0
124.6
126.3
122.6
121.0
125.2
118.7
120.8
122.2
126.6

145.4
147.4
154.2
159.7
163.3
158.5
143.5
150.4
153.5
157.0
158.4
170.0

126.2
132. 6
132.4
133.4
141.0
142.8
128.6
131.5
129.4
134. 3
131. 8
140.0

100.6
115. 6
118.9
114. 6
120.5
122.1
118.0
114.3
119.3
130. 9
118.2
114.7

102. 0
107.7
105.3
106.4
104.5
107.3
112.4
110.5
109.3
' 115.8
107. 4
116.6

123.2
133. 9
132. 8
133. 9
133. 1
137. 2
134.7
136.8
137.0
138.9
131.6
141.0

185. 0
213.7
207.8
208. 2
226. 5
225.9
180.0
183.8
190.8
189. 3
190.6
194. 8

212 0
219.9
220.8
204.4
204.3

170.7
175.8
171.9
171.1
168.2

252.8
263.6
265. 5
237.2
239.6

175.2
181.9
174.6 !
183.0
168.2

148.1
160.8
152. 7
159. 8
150.4

109.3
112.5
112.2
117.3
108.7

132.4
135. 4
133.2
139.1
130.7

170.6
175.6
176.4
168. 3
167.8

136. 8
139.1
140. 1
140.1
134.8

112.3
125.9
120.5
119.3
121.3

113.2
116. 5
115.5
121.1
114.2

144.4
149.6
151.1
157.0
150. 9

211.3
223. 6
218.3
200. 5
204. 7

1927

_

St.
Louis

123. 4
105. 4
107.1
126.4
129.4
142.9
156.2
172.4
199.7

1929
January
February
March
April
May
June
July

__,

_ _ _ _

1
Compiled from data collected by the Federal Reserve Board, this table supplements similar data published in Nos. 26, 35, 56, 62, 67, 75, and 87 of this publication.
district total table represents the data of 141 identical centers.
2 Greenville, S. C., substituted for Charleston, S. C., since May, 1928.




The

22
INDEXES OF MARKET VALUES OF COMMON STOCKS l
(1926=100)

1918

1919

1921

1920

1922

1923

1924

1925

1926

1927

1928

1929

MONTH
Total, 406 stocks
January
February
March
April .
May
June
July
August
September
October. _
November
December

-.

_
_

_

-

Monthly average

...

58.1
59.8
58.6
58.1
59.8
60.0
60.4
61.0
60.7
63.2
64.8
63.5

63.2
63.4
65.4
67.6
72.2
74.2
76.6
71.4
72.6
76.2
74.0
71.8

71.0
65.1
69.8
69.3
64.9
63.8
63.7
61.2
63.4
63.4
60.2
54.8

57.2
56.8
55.4
55.6
57.3
52.8
52.5
51.9
53.2
53.9
56.8
58.8

58.7
60.1
62.3
66.1
68.6
68.0
68.5
71.0
73.0
74.5
70.9
70.6

71.6
74.8
75.8
73.2
69,8
67.2
64.9
65.2
65.7
64.6
66.6
68.9

71.1
71.4
70.0
68,4
68.2
69.4
72.7
75.2
74.4
73.5
77.6
81.7

85.1
85.9
83.6
82.8
85.4
86.9
89.3
90.5
92.6
95.6
98.7
100.3

101. 8
101.8
95.8
92.9
93.2
97.2
100.0
102.9
104.3
101.6
103.1
105.4

105.6
107.9
109.1
111.1
114.2
115.4
117.2
122.0
127.7
126.7
129.6
133. 1

60.7

70.7

64.2

55.2

67.7

69.0

72.8

89.7

100.0

118.3

149.9

0

134.4
132.3
137.9
145.9
152.1
145.3
144.2
148.3
156.6
159.1
171. 1
171.4

185.2
186. 5
189.1
186.6
187.8

Total, 338 industrial stocks
January
__ .
February
March
April
May
June
July
August ._ .. _ _
September
October
November
December
Monthly average

__

__

53.4
55.6
54.1
54.1
56.2
56.3
57.3
57.6
56.7
58.9
60.1
59.5

60.3
60.6
63.2
66.9
72.2
75.8
79.9
74.7
76.8
82.5
80.0
78.0

76.9
68.8
74.4
74.6
69.0
67.5
66.7
61.7
63.5
61.5
57.4
51.7

51.5
54.0
52.6
53.3
54.9
49.1
48.1
46.5
48.0
49.4
53.2
56.0

55.6
56.7
58.9
63.1
66.3
65.8
65.4
67.1
69.5
71.5
67.9
68.4

69.9
73.4
75.3
72.0
67.5
63.7
61.2
61.8
62.2
61.0
63.6
67.1

69.7
70.0
67.9
65.3
64.7
65.6
68.9
71.7
70.7
69.7
73.6
78.0

82.7
83.9
80.9
80.4
83.0
85.1
88.2
89.0
91.8
96.0
99.6
100.4

102.2
102.4
96.3
92.6
92.6
96.9
99.9
103. 1
104.2
101.5
102.9
105.4

105.6
107.5
108.6
110.0
113.1
114. 4
116.7
112. 3
128.9
127.5
131.3
135.5

137.4
134.8
141.1
149.5
154.9
148.2
147.8
152.6
162.2
166.2
178.9
178.4

56.7

72.6

66.1

51.4

64.7

66.6

69.7

88.4

100.0

117.6

154.3

192.5
192.3
196.0
193.4
192.6

Total, 83 railroad stocks
January
February
March
_
April
May
June
July
August
September.
October
November
December

_

_ _
.

Monthly average...

65.8
66.8
66.7
65.1
67.3
67.5
67.6
69.2
69.5
71.7
74.4
72.2

67.5
70.0
70.6
70.9
75.3
74.6
74.6
68.5
68.3
69.1
67.4
64.4

64.0
61.2
65.4
63.1
60.5
60.0
61.3
63.4
67.0
70.6
68.3
62.6

64.3
63.7
61.1
59.2
61.9
58.8
60.5
61.5
62.6
61.5
62.8
63.2

63.4
65.0
67.5
71.0
72.5
71.3
74.1
78.2
79.2
80.3
75.7
73.7

68.7

70.1

64.0

61.8

72.7

73.6
76.6
76.4
74.4
72.7
72.3
69.6
69.0
69.3
68.7
70.0
70.0

71.2
71.8
71.4
72.0
72.7
74.3
78.3
80.3
79.3
78.1
83.6
87.5

88.6
88.8
86.8
84.8
86.2
86.3
87.4
89.9
91.1
91.5
94.4
98.6

98.6
97.1
94.7
93.6
94.7
98.4
100.2
103.1
105.9
102.7
104.2
106.4

107.1
111.6
112.2
115.7
118.1
119.2
120.7
123.1
125.2
124.3
124.9
126.8

125.3
121.6
125.9
130.7
133.2
126.7
124.6
126. 5
129.6
128.2
134.9
134.9

71.9

76.7

89.5

100.0

119.1

128.5

141.8
141.6
140.4
138.3
138.7

Total, 35 utility stocks
January
February _ _
March
April
May....
June
July.__
August
September
October _ _.
November
December

_.

._ .

Monthly average

60.7
62.0
60.1
59.2
58.6
58.5
57.3
56.8
58.2
62.5
63.8
61.2

59.9
60.3
61.5
61.1
62.7
63.4
62.6
60.2
59.6
58.9
57.6
56.0

56.1
54.9
56.0
55.2
53.3
52.9
52.5
52.9
54.2
56.4
56.0
53.1

54.6
55.0
56.1
58.1
58.4
57.0
57.0
57.4
58.1
58.9
60.9
62.3

63.6
65.2
67.6
69.3
70.7
70.4
70.6
73.7
75.7
75.8
74.3
73.9

73.9
76.0
76.1
74.9
73.7
72.7
71.9
72.8
73.7
72.7
73.4
74.0

76.4
76.6
76.0
75.0
75.2
76.7
78.3
80.0
81.3
81.0
83.2
86.5

87.8
88.2
88.7
89.2
93.6
95.5
97.2
97.5
98.4
100.6
101.2
101.1

103.2
103.8
94.9
93.3
94.3
97.7
100.2
102.0
103.1
100.9
103.1
104.0

104.4
105.3
107.3
110.5
114.2
115.6
114.9
118.5
124.1
124.5
125.6
127.2

129.5
130.9
134.4
142.5
155.3
148.1
145.3
147.9
155.8
154.5
168.6
173.4

59.9

60.3

54.5

57.8

70.9

73.8

78.9

94.9

100.0

116.0

148.9

192.7
202. 4
203.7
201.4
212.3

1

Compiled by Standard Statistics Co, (Inc.). The indexes are weighted by the number of shares of each stock outstanding and are corrected for the value of rights,
stock dividends, changes in par value, and consolidations. Weekly indexes have been averaged to give monthly data which are presented in these tables. These data
displace all similar information previously appearing in the Survey of Current Business.

TRADING IN FOREIGN BONDS '
[Thousands of dollars]
MONTH

Jan
Feb
Mar
Apr
May
June
July

Aus:

Sept . _

Oct
Nov
Dec__

Total _ .

Mo. av

1912

1913

1914

$325
288
371
265
286
366
219
311
219
165
236
134

$791
245
344
214
350
259
275
179
113
191
202
296

$398
416
204
275
288
399
144
(2)

1915

1916

1917

1918

1919

1920

1921

1922

1923

1924

1925

1926

1927

1928

$309 $14 585 $37 868 $20 819 $66 448 $24 613 $21, 437 $35, 820 $44, 736 $35, 478 $57, 016 $41, 075 $80, 858 $69, 018
59, 693 47, 912
17 929 56 438 39 110 37 102 46 682 36, 991
392 15 144 26 093 20 112 28 488 25 651
539 24' 785 27 540 13 815 19 576 30* 302 22 498 62 049 36 643 35, 960 49, 938 44, 613 61, 570 52, 932
505 24 370 49 450 13 443
16 999 24 628 19 186 56, 712 40, 566 37,509 54, 079 45, 995 50, 875 58, 380
54, 739 58,118
424 24 988 29 489 16 246
18 626 36 744 45 061 32 149 32 259 69, 310 44, 603
16 946
381 16* 833 22 442 14 969
13 422 25 045 29 956 47 320 45 352 51, 903 66, 570 50, 172 42, 599 50, 509
340 19 670 16 563 14 046
19 256 19' 265 27, 483 40, 928 26, 546 49, 596 48, 966 32, 163 37, 266 47, 226
114 33 383
18 048 23 419
10 254 14 074 25 476 39 869 23 513 66 512 39, 594 32, 953 52, 623 30, 808
2
428 24 168 13 403 25' 937 10 879 35' 472 30 716 42 237 30 028 43, 659 58, 349 46, 688 43, 968 32, 271
574
45
721
15
393
12
579 25 701 33, 868 34, 787 29, 750 66, 034 54, 719 50, 858 51,016 43, 556
28
405
(2) 1 978 20 375 16 314 34 449 28 086 21 832 45 721 39 681 31 899 65, 468 45, 085 61, 725 55, 694 32, 342
1?9 24, 004 26 124 24 589 29 636 31 656 19' 372 42 009 35, 160 25, 696 76, 544 . 47,322 73, 139 42, 991 36, 362

w

3, 185 3,459 2,253
265
188
288

29 988 290 146
2,499 24 179

297 192 255 296
24 766 21 275

274 589 284 581
22 882 23 715

353 023 536 062 405 988 598, 024 637, 630 560, 975 633, 892 559, 434
29, 419 44, 672 33, 832 49, 835 53, 136 46, 748 52, 824 46, 620

1
Compiled by the Dow, Jones & Co. and represent the sales of foreign government, State, provincial, controlled banks and municipal bonds on the New York Stock
Exchange.
2 Closed from July 30 to Nov. 28,1914, on opening of European war.




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, 1929) in which monthly figures for 1928 and 1929 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.

The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"
January

February

PER CENT INCREASE (+) OR
DECREASE (— )

1938

1939

March

April

May

April

May,
1929,

May,
1929,

1929

May,
1928

from
April,

May

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1938

from

1939

Per ct.
increase
(+)
or decrease
(-)
2umu.ative
1929
from
1928

TEXTILES
Wool
Receipts at Boston:
Total
..thous. oflbs..
Domestic
thous. of lbs_.
Foreign
thous. of Ibs
Imports:
In condition imported
thous. oflbs..
Grease equivalent
thous. oflbs..
Consumption by textile mills,
grease equivalent
thous. oflbs..
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 spindlesWoolen _. . . per ct. of hours active..
Worsted
per ct. of hours active
Prices:
Raw, territory, fine, scoured .dolls, perlb..
Raw, Ohio and Pa. fleeces,
% blood, combing, grease dolls, per Ib _
Worsted yarn
dolls, perlb..
Women's dress goods, French
serge, 39-in
dolls, per yd..
Suiting, 13-oz
dolls, per yd..

19, 673
4,532
15, 141

17, 202
1,836
15, 366

23,189
5,738
17, 451

15, 390
6,442
8, 948

24,215
16, 108
8,107

21,346
8,138
13, 208

33, 331 +57.3
25, 843 +150. 0
-9.4
7,488

-27.3
-37.7
+8.3

114, 748
54, 921
59, 827

99, 669 -13.1
34, 656 -36.9
65, 013 +8.7

36,523
38, 835

33, 398
37, 386

32, 743
37, 682

28, 165
30, 941

19, 786
22,372

20,474
23,600

25,040
28,163

-29.7
-27.7

-21.0
-20.6

121, 051
136, 882

150, 615 +24.4
167, 216 +22.2

1

222, 934

248, 650 +11.5

-53.5
-40.9
-49.8 +114. 1

3,721
159,487

3,363 -9.6
258, 89 0+62. 3

-44.5
+15.7

3, 066, 521
2, 842, 491

2, 815, 417
3, 199, 234

-8.2
+12.6

93, 269

96, 612

+3.6

54, 031

47, 993

48, 656

49, 205

48, 765

38,855

43, 911

-0.9

+11. 1

69
63
65
84
83

69
59
67
85
84

67
60
69
86
82

70
64
70
87
81

67
61
72
86
84

58
51
71
78
64

60
53
65
80
64

-4.3
-4.7
+2.9
-1.1
+3.7

+11.7
+15.1
+10.8
+7.5
+31.3

82
69

82
69

83
68

84
70

82
66

75
56

79
55

-2.4
-5.7

+20.0

1.12

1.09

1.05

1.04

1.00

1.19

1.18

-3.8

-15.3

.55
1.58

.55
1.58

.52
1.58

.49
1.55

.43
1.50

.53
1.55

.55
1.58

-12.2
-3.2

-21.8
-5.1

.98
2.008

.98
2.008

.98
2.008

.98
2.008

.98
2.008

1.03
2.008

1.03
2.008

0.0
0.0

-4.9
0.0

1,112
54,939

631
39, 720

736
37, 124

555
84, 621

328
42,486

728
18, 149

705
19, 842

815, 871
668,389

629, 521
598, 098

569,653
632, 808

472, 304
631, 710

328, 068
668, 229

485, 219
524, 765

591, 345
577, 384

6,383
1,768
4,615

5,623
1,747
3,876

4,908
1,731
3,177

4,130
1,607
2,524

3,325
1,477
1,848

4,427
1,508
2,919

3,590
1,331
2,259

-7.4
— 19.5
-8.1 +11.0
-26.8 -18.2

7,607
5,510

7,226
5,043

6,749
4,469

6,053
3,680

5,268
3,000

6,023
4,102

5,630
3,533

-13.0
-18.5

-6.4
-15.1

.179
.202

.180
.202

.188
.212

.185
.201

.180
.195

.187
.203

.201
.217

-2.7
-3.0

-10.4
-10.1

30, 758
9,225
261
111.6

31,008
8,221
233
110.7

31, 104
8,910
252
109.3

30 924
8,861
251
110.3

30, 910
9,165
261
110.9

30,950
7, 415
206
94.8

28, 948
7,966
222
95 1

0.0
+3.4
+4.0
+0 5

+6.8
+15.1
+17.6
+16 6

18, 311
8,836
43, 246

18, 718
8,765
42, 722

23, 373
8,328
43,476

18, 269
8,446
40, 345

17, 941
8,760
37, 609

16, 737
13, 390
31, 925

16, 358
13, 427
28, 484

-1.8
+3.7
-6.8

+32.0

.382
.510

.372
.512

.377
.527

.363
.510

.353
.499

.366
.480

.380
.480

-2.8
—2.2

—7 1
+4.0

342, 806
317, 078
345, 354
389, 195
440, 585
403, 300

292, 873
340, 709
309, 118
372, 950
472, 176
410, 372

297, 994
358, 333
325, 633
345,311
504, 876
464, 539

283, 878
202, 520
277, 098
352, 091
430, 298
425, 925

341, 370
278, 335
326, 121
367, 340
382, 512
526, 971

286,005
335, 117
270, 172
418, 427
362,044
255, 945

349, 325
269, 845
326, 244
441, 508
305, 645
128, 604

+20.3
+37.4

-2.3
+3.1
0.0
-16.8
+25.1

1, 591, 347
1,405,259
1, 486, 340

1, 558, 92
1,496,975
1, 583, 324

-2.0
+6.5
+6.5

1, 676, 753

2, 231, 10

+33.1

6,069
55, 186

4,400
51, 492

5,362
58,474

5,334
49, 233

6,527
46,261

6,418
39, 831

5,722
43,01

+22.4

+14.
+7.6

32, 346
193, 422

27,69
260, 64

-14.4
+34.8

19, 779
1,412

20, 327
1,572

21, 238
1,869

23, 620
1,766

1,725

18, 310
1,332

19, 168
1,41

2 J

+21.9

2 70, 128
6,90

2 84, 96
8,34

+21.2
+20.8

.076
.090
165

.075
.089
163

.077
.089
164

.076
.089
164

.073
.087
162

.076
.09
16

.07
.09
164

-3.S
-2.
i

-7.6
-5.4
-1.2

+3.8

Cotton
Receipts into sight _
. thous. of bales..
Imports, unmanufactured
bales..
Exports, unmanufactured
(including linters)
bales..
Consumption by textile mills
bales. _
Stocks, domestic, end of month:
Total, mills and w'houses. .thous. of bales. _
Mills
thous. of bales
Warehouses.. . __
thous. of bales..
Stocks, world visible, end of month:
Total..
thous. of bales __
American
thous. of bales
Prices:
To producer... .
. ..dolls, per lb._
In New York, middling
dolls, per lb_.
Cotton Yarn
Machinery activity of spindles:
Active spindles thousands
Total activity
millions of hours. _
Activity per spindle
hours
Ratio to capacity
per cent
Carded sales yarn:
Production
.
thous. of Ibs
Stocks, end of month _ _
thous. of Ibs. _
Unfilled orders, end of month.thous. of Ibs..
Prices:
22/1 cones, Boston
dolls, per Ib
40/ls, southern spinning
dolls, per Ib

-30.5
+5.8

+9.7
-34.8

Cotton Goods
Cotton textiles:
Production
thous. of yds..
New orders
thous. of yds..
Shipments
__ _ thous. of yds
Stocks, end of month
thous. of yds
Unfilled orders, end of mo.__thous. of yds..
Fine cotton goods, production
pieces. _
Cotton cloth:
Imports
..thous. of sq. yds..
Exports
thous. of sq. yds..
Fabric for tire manufacture,
consumption
..thous. oflbs _
Elastic webbing, shipments
thous. of dolls. .
Prices:
Print cloth, 64 x 60
dolls per yd
Sheeting, brown
dolls, per yd._
Cotton goods (Fairchild), rel. to 1911-1913..
1
Cumulative through Apr. 30.




+17.7
+4.3
-11.1

+23.7 +309. 8
-6.0

24

TREND OF BUSINESS MOVEMENTS—Continued
1939
The cumulatives shown are through
May, , except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"

PER CENT INCREASE (+) OR

1938

DECREASE (— )

January

Feb-

March

ruary

April

Mav,
1929,
from
April,
1929

May

April

May

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1938

Perct.
increase

(

~y

or decrease
(-)
cumulative
1929
from
1928

1939

TEXTILES— Continued
Cotton Finishing
White, dyed and printed (outside mills):
Billings, finished goods..
.thous. of yds__
New orders, gray yardage thous. of yds. _
Shipments, finished goods
__ ._ cases
Stocks, finished goods, end mo
cases,.
Operating activity
per ct. of capacity
Unfilled orders, end of month...
days..
Printed only (mills and outside) :
Production.
thous. of yds..
Stocks, end of month
thous. of yds..

-8.3
-12.4
-4.9
+2.0
-4.1
-18.7

+20.6
+8.6
+14.1
-11.9
+14.5
+20.9

386, 180
377, 454
236, 136

447, 003 +15.7
439, 331 +16.4
283, 976 +20.3

4.5

73, 539
72, 961
47, 555
40,449
62
4.3

69, 378
78, 151

73, 520
76, 149

-3.1
-4.8

+16.8
+2.7

332, 464

427, 639 +28.6

8,599
49, 121

6,561
41, 258

9,133
46, 367

+38.2
-8.8

-5.8
+5.9

36, 481
242, 735

37, 492
256, 431

39, 125
23,108

39, 898
24, 623

35, 483
24, 369

42, 088
23,523

+2.0
+6.6

-5.2
+4.7

100.2
66.3
66.3

101.1
68.8
66.9

101.0
74.2
65.3

88.5
49.8
64.2

90.8
56.7
56.9

-0.1
+7.8
-2.4

+11.2
+30.9
+14.8

5.096
1.18

4.998
1.19

5.145
1.18

4.777
1.18

5.390
1.20

4.998
1.19

-7.2
0.0

-4.4
08

1,707
3,036
1.50

1,267
2,889
1.30

1,901
2,863
1.30

1,683
2,736
1.30

1,589

844
3,164
1.50

902
3,128
1.50

-5.6

+76.2

2,440
2,134
350

2 434
2,080
374

2,411
2,312
475

1,885
2,295
235

1,707
1,920
221

1,889
1,933
340

374
311

363
327

3402
3376

3394
3348

361
354

341
308

370
323

261

238

3241

229

194

125

163

3,606
3,240
7,550
3,337

3,203
3,075
6,952
2,928

3,741
3,713
8,178
3,776

3,639
3,493
7,985
3,977

3,304
3,217
8,618
3,418

3,462
3,312
9,030
3,682

4,229

4,183

4,254

4,665

4,520

4,794

1,049
948
1,271
1,447

1,077
995
1,310
1,356

3
3
3

1, 251
1, 166
1, 368
3 1, 330

1,274
1,112
1,523
1,071

1,316
1,168
1,679
1,088

1,151
965
1,520
934

1,148
1,019
1,709
1,028

+3.3
+5.0
+10.2
+1.6

+14.6
+14.6
-1.8
+5.8

2,009

2,358

3

2, 501

2,444

2,349

2,245

2,164

-3.9

+8.5

57, 109
34, 109

61, 735
43, 524

52, 550
26, 655

69, 787
30, 389

71, 649
26,300

62, 050
23, 682

58, 124
21, 846

+2.7
-13.5

5,389
4,303
4,286

6,073
4,603
4,099

6,629
5,638
4,302

5,554
4,822
4,061

5, 245
4,563
3, 531

4,629
3,703
3,811

5, 459
4,015
4,007

thous of dollars

10, 188

14, 157

21, 228

12, 994

12, 522

11, 113

Buttons
Fresh-water pearl buttons:
Production
..ratio to capacity
Stocks, end of month . thous. of gross

11,306

42.2

52.1
11, 249

52.9
11,034

52.6
11, 114

51.6
11,226

50.7
10, 949

Silk
Imports, raw
thous. of Ibs.
Deliveries (consumption)
bales
Stocks, end of month:
At warehouses
bales
At manufacturing plants.. ... ._ bales
Silk machinery activity:
Broad looms
per cent of normal
Narrow looms.
per cent of normal..
Spinning spindles
per cent of normal
Prices:
Raw, Japanese, 13-15, N Y dolls, per Ib
Silk goods, composite
dolls, per yd

81, 676
86, 302
53, 196
36, 374
65
5.6

81,418
88, 460
54, 391
37, 153
74
6.4

98, 495
94, 872
65, 112
35, 478
77
6.3

96, 707
90,469
57,030
34,920
74
6.4

88, 707
79,228
54,247
35, 618
5.2

82, 259
80, 212

78, 307
81,206

92, 544
79, 361

88,635
82, 106

85, 894
78, 184

9,105
57, 349

7, 092
46, 228

6,476
49,878

6,220
53, 855

49, 943
25, 778

46, 993
25, 026

45, 218
25, 892

94.7
48.0
61.0

99.8
53.6
66.5

4.998
1.16

75, 378
68, 316
43,378
40,876

+2.8
+5.6

Rayon
Imports .. ." .
thous. of Ibs
Stocks, bonded, end of month
thous. of Ibs..
Price, 150 denier, A grade, N. Y dolls, per Ib

1.30

0.0

8,147 +52.6

5,338

-13.3

Clothing
Men's and boys' garments cut: *
Suits __
.
thous. of garments
Separate trousers
thous. of garments
Overcoats
thous. of garments
Overalls:
Cut
thous. of dozen garments
Net shipments ..thous. of dozen garments..
Unfilled orders,
end of mo
thous. of dozen garments. _

2
2
2

-8.4
+1.7
-15.3

-2.4
+9.6

2
2

9, 170 +0.3
8, 821 +3.1
21,434 +22.3
1,894 +4.4
1,716 +12.0

9, 145
8, 559
1, 173

1,814
1,532

+19.0

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 month
thous. of dozen pairs .

2
2

14, 293
13, 337

2

14, 189
2 13, 521

-0.7
+1.4

2

13, 027

2

14, 018

+7.6

5,668
5,137

5,967
5,389

+5.3
+4.9

5,504

6,292 + 14.3

+23.3
+20.4

299, 099
146, 171

312, 830 +4.6
160, 977 +10.1

-5.6
-5.4
-13.1

-3.9
+13.6
—11 9

24, 663
18, 973

28, 890 +17.1
23, 929 +26.1

12,905

-3.6

-3.0

59, 590

71, 089 +19.3

48.8
11, 098

-1.9
+1.0

+5.7
+1.2

16

-6.5

+81.3

70

114 +62.9

211
-2.8
5, 363 +279. 5

+30.8
+78.1

1,080
5,369

1,225 +13.4
12, 065 +124 7

Knit Underwear
Production
Net shipments
Stocks, end of mo
New orders
Unfilled orders, end
of month.

thous
thous.
thous.
thous.

of dozen garments
of dozen garments
of dozen garments..
of dozen garments

thous. of dozen garments

Burlaps and Fibers

Imports:
Burlaps.
_
Fibers (unmanufactured)

thous. of Ibs..
long tons

Pyroxylin Coated Textiles
Pyroxylin spread
thous. of Ibs. _
Shipments billed
thous. of linear yards
Unfilled orders, end mo.thous. of linear yards..

Fur
Sales by dealers

IRON AND STEEL

Iron
Manganese ore, imports
thous. of long tons..
Iron ore:
Imports _ _
thous of long tons
Shipments from mines.thous. of long tons..
ReceiptsLake Erie ports and
furnaces . _
thous. of long tons
Other ports
thous. of long tons.
i Cumulative through Apr. 30




15

21

18

31

29

14

180

241
None.

244
None.

284
2,516

276
9,549

225
6

None.
None.
None.
None.
3 Revised.

1,191
387

6,753
2. 527

None.

None.
None.

7,944 +178. 9
2,848
2.914 +91.3
1. 523
' See table on p. 18 of the June, 1929, issue for earlier data.
None.
6

2, 848 +467. 0 +137. 1
1. 517 4-553. 0 -l-fi6.fi

25
TREND OF BUSINESS MOVEMENTS—Continued
1929
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"

January

February

March

PER CENT INCREASE (+) OR
DECREASE (— )

1928

April

May

April

May

May,
1929,
from
April,
1929

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

or decrease
^
(-)
cumulative
1929
from
1928

1929

1928

Per ct.
increase

IRON AND STEEL— Continued
Iron— Continued
Iron ore — Continued.
Consumption
thous. of long tons
Stocks, end of month —
Total
thous of long tons
At furnaces
thous of long tons
On LakeErie docks thous of long tons
Pig-iron production:
Total, United States. __ thous. of long tons..
Merchant furnaces
thous. of long tons..
Canada
thous. of long tons
Furnaces in blast, end of month:
Furnaces
number
Capacity.
.. long tons per day.
Per cent of total
per cent
Ohio gray-iron foundries:
MeltingsActual
long tons
Normal
long tons
Ratio to normal
per cent of normal
Stocks, end of month... per cent of normal ._
Receipts
per cent of normal
Malleable castings:*
Production
short tons
Operating activity
per ct. of capacity-Shipments
short tons. _
New orders
_ _ _ _ _ short tons
Wholesale prices:
Foundry, No. 2
northern
dolls per long ton
Basic (valley furnace). .dolls, per long ton..
Composite pig iron
dolls, per long ton..

23, 235

26, 898 +15.8

15, 439
3,212
371

17, 923 +16.1
3, 883 +20.9
428 +15.4

+69.9
+53. 1
+10.9
-21.3
+5.7

75, 528
74, 478

110, 700 +46.6
101, 707 +36.6

-4.8
-6.8
-2.6
-4.2

+17.5
+15.4
+19.9
+21.0

327,784

394, 419 +20.3

318, 491
322, 938

389, 750 +22.4
400, 098 +23.9

18.96
16. 30
18.18

+2.5
+2.7
+0.1

+6.9
+12.8
+6.0

12, 452
9,280
9,554
90,529

14,235
12, 166
14,888
91,098

+10.1
+12.5
+ 15.4
+1 3

-21.2
-20.4
-38.6
—2 2

64, 693
53, 490
57, 757

57, 380 -11.3
42, 774 -20.0
38, 509 -33,3

19, 410
14, 946
15, 034
181, 998

28, 994
15, 787
15, 582
164, 514

34, 790
20, 268
29, 021
181, 972

-3.0
+21.9
+10.4
+2.4

-44.2
-26.3
-48.2
0.0

154, 139
89, 920
99, 305

132, 422 -14.1
70, 843 -21.2
69, 471 -30.0

10, 641
7,900
8,178

13, 651
7,541
8,928

16, 513
9,730
13, 572

-0.1
+22.6
-0.7

-35.6
-18.8
-39.7

75, 558
45, 283
53, 421

63, 342 -3.4
37, 182 -17.9
38, 791 -27.4

5,195

4, 819

5,465

5,417

6,002

4,781

4,948

+10.8

+21.3

30, 189
24, 878
5,311

25, 414
20, 475
4,939

20, 005
15, 782
4,223

15, 930
12, 283
3,647

19, 146
15, 275
3,871

19, 570
14, 388
5,182

18, 877
13, 942
4,935

+20.2
+24.4
+6.1

+1.4
+9.6
-21.6

3,442
791
88

3,206
707
94

3,714
755
86

3,663
837
79

3,898
793
81

3, 185
630
75

3,284
631
88

+6.4
-5.3
+2.5

+18.7
+25. 7
-8.0

202
111, 985
62.2

207
115, 770
64.7

212
120, 740
66.5

215
122, 980
367.4

219
126, 150
68.7

195
104, 015
56.9

198
106, 145
57.7

+1.9
+2.6
+1.9

+10.6
+18.8
+19.1

19, 710
18, 917
104.2
126
105

23, 037
22, 288
103.3
121
107

20, 662
18, 985
108.8
133
107

23, 703
20, 949
113.1
122
102

23, 588
20, 568
114.6
118
112

19, 039
17, 579
108.0
143
115

13, 887
13. 434
103.3
150
106

-0.5
-1.8
+1.3
-3.3
+9.8

73, 364
77.7
77, 424
77, 047

73, 679
77.2
70, 914
77, 849

83, 733
87.8
81, 425
87, 261

3 83, 838
87.6
33 81, 062
80, 679

79, 805
81.6
78, 925
77, 262

63, 380
66.0
65, 001
62, 056

67, 903
70.7
65,823
63, 847

19.26
17.60
19. 05

19.26
17.50
19.07

19.51
17.50
19.11

19.76
17.90
19.25

20.26
18.38
19.27

19.01
17.00
18.40

11, 248
9,605
8,224
77, 015

12, 488
7,676
7,071
80, 880

12, 248
7,208
6, 15J.
86, 526

10, 184
8,603
7,920
87, 971

11, 212
9,682
9,143
89, 104

32, 938
17, 888
15, 866
136, 986

31, 631
14, 269
13, 111
153, 759

28, 429
11, 476
11, 844
170, 212

20, 014
12, 264
13, 616
177, 755

14, 512
9,407
8,998

14, 354
7,316
7,315

13, 182
6,116
6,062

10, 653
6, 443
8,238

'

Cast-iron Boilers and Radiators
Round boilers:
Production
thous. of lbs__
Shipments
thous. of lbs_.
New orders
thous of Ibs
Stocks, end of month
thous. of Ibs. .
Square boilers:
Production
thous. of Ibs
Shipments.
thous. of lbs__
New orders
thous of Ibs
Stocks, end of month
thous. of lbs__
Radiators:
Production _ _ thous. sq. ft. heating surfaceShipments. _. thous. sq. ft. heating surface. _
New orders ..thous. sq. ft. heating surface. _
Stocks, end of
month
thous sq ft heating surface
Gas-fired boilers:
Shipments
_.
dollars
Shipments
thous. B. t u
Production
_. .
thous. B. t. u
Stocks, end of month
thous. B t u

52, 599

59, 721

66, 903

71, 284

74,067

70, 845

77, 926

+3.9

-5.0

115, 100
88, 463
202, 075
704, 041

129, 966
100, 888
186, 770
706, 569

239, 879
171, 048
177, 375
825, 707

262, 914
202,358
350, 409
916, 004

190, 295
149, 555
298, 794
939, 481

161, 976
119,354
161, 317
983, 786

162, 167
122, 843
164, 434
993, 425

-27.6
-26.1
-14.7
+2.6

+17.3
+21.7
+81.7
-5.4

727, 415
580, 184
841, 770

938, 154 +29.0
712, 312 +22. 8
1,215,423 +44.4

+25.3
+20.5
+6.8

21, 053

24, 085 +14.4

532

618 +16.2

+36.2
+38.1
+60.2
+20.6

435,519

555,164 +27.5

174, 099
261, 420

237, 627 +36.5
317,537 +21.5

+30.4
+32.2
+28.4
+31.9

437, 161

628, 623 +43.8

181, 169
255, 992

304, 999 +68.4
323, 624 +26.4

Crude Steel
Steel ingots, production:
+6.8
5,273
4,305
4,207
United States, total
thous. of long tons..
4,938
4,326
4,490
5,058
100
Ratio to capacity
per cent
91
+3.1
92
97
83
85
99
Canada
thous. of long tons..
122
126
113
118
+3.3
116
117
137
U. S. Steel Corporation,
4,304
3,872
-2.8
3,417
unfilled orders, end mo__thous. of long tons..
4,144
4,428
4,411
4,109
Steel castings: *
Production —
+4.2
Total
short tons
86, 016
93, 333
97, 568
115, 163 3121,941 127, 079
93, 413
87
63
+3.6
Ratio to capacity
per cent
58
64
384
67
+9.7
Railroad specialties _. .. _ .short tons
58, 636
32, 619
36, 599
49, 562 3 53, 458
35, 689
40, 282
56, 734
68, 443
53, 397
-0.1
Miscellaneous
short tons
57, 724
57, 286
65, 601 3 68, 483
New orders —
3
86,796 -21.7
84, 086
Total
short tons
144, 616 113, 219
115, 639
124, 313
130, 836
78
Ratio to capacity
per cent
59 -21.2
57
85
90 3 399
79
34, 995 -40.6
Railroad specialties
short tons. _
44, 919
32, 810
75, 625
64, 809
58, 903
60, 743
-1.0
51, 801
Miscellaneous..
short tons..
68, 300
51, 276
56, 736
70,093 3 68, 991
59,504
Sheets, black, blue, galvanized, and
full finished:
Production349, 367
+4.8
327, 909
Total
net tons
391, 404
326, 468 364, 202 375, 256 393, 430
95.6
+0.5
115.8
97.8
Ratio to capacity
per cent
115.2
115.2
109.9
109.7
Stocks, end of month-4.2
167, 869
163, 053
166, 711
Total
net tons
175, 306
188, 441
198, 874
189, 050
54, 047 -10.7
48, 334
53, 853
54, 142
Unsold
net tons
63, 397
63, 739
61, 058
327, 674
+4.0
392, 336
326, 324
Shipments
_ .net tons _ _
362, 229 325, 848 363, 648 377, 274
250, 316 -29.7
New orders
net tons..
279, 783
284, 070
398, 206
438, 390 389, 496
464, 297
571, 761
527, 477 -14.6
Unfilled orders, end of month
net tnos__
652, 602 706, 955 791, 615 835, 801 713, 568
Steel barrels:
+8.4
667, 827
696, 281
771, 584
836, 532
Production
_
barrels..
558, 492
567, 398
742, 165
59.8 +11.1
57.5
64.8
72.0
Ratio to capacity
per cent
48.4
47.6
61.0
694,
843
+7.6
661,
949
834,
699
Shipments
barrels..
775,
481
548, 581 563, 532
743,407
+3.3
58, 585
57,147
56, 936
Stocks, end of month
barrels
60, 242
59, 000
55, 103
56, 376
-4.2
Unfilled orders end of month
barrels
1, 661, 710!1,543,846 1, 470, 258!1, 269, 044 1, 215, 972 1, 276, 994 1,257,117
3
Revised.
* g ee table 01i p. 20 of tlie March 1929, issue for earlier




+26.0

+12.6
+21.1

1, 690, 509 1, 850, 760

+0.7
-10.6
+20.2
+11.8
+35.3

1, 586, 076
1, 502, 958

+20.1
+20.4
-20. 1
-2.8
-3.3
data.

+9.5

1, 821, 335 +14;8
1, 970, 172 +31.1

2, 995, 813

3,476,171 +16. 0

2, 989, 834

3, 465, 700 +15.9

26
TREND OF BUSINESS MOVEMENTS—Continued
1939
The cumulative* shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"

January

February

PER CENT INCREASE (+) OR
DECREASE (-)

1938

March

April

May

April

May

May,
1929,
from
April,
1929

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1938

1939

Per ct.
increase
(+)
or decrease
(-)
cumulative
1929
from
1928

IRON AND STEEL— Continued
Crude Steel— Continued
Track work, production
short tons__
Iron, steel, and heavy hardware
sales
rel. to Jan., 1921-.
Lock washers, shipments
. thous. of dolls _ _
Wholesale prices:
Steel billets, Bessemer dolls, per long ton__
Iron and steel comp
dolls, per long ton_.
Structural steel beams dolls, per 100 lbs__
Composite finished steel-dolls, per 100 lbs__

10,344

12, 180

14,927

16,815

16, 333

13,511

14, 141

-2.9

+15.5

63, 413

70, 599 +11.3

192
290

175
317

217
353

226
370

230
373

187
270

204
282

+1.8
+0.8

+12.7
+32.3

1,300

1,703 +31.0

33.00
36.24
1.90
2.55

33.25
36.25
1.90
2.55

34.00
36.37
1.90
2.55

34.80
36.81
1.90
2.56

36.00
37.10
1.95
2.56

33.00
35.67
1.90
2.51

33.00
35.55
1.88
2.49

+3.4
+0.8
+2.6
0.0

+9.1
+4.4
+3.7
+2.8

273, 350
71
281, 050
73

269, 500
70
238, 700
62

358,050 3 334, 950
387
93
277,200 304, 150
79
72

346,500
90
311, 850
81

234, 850
61
238, 700
62

308, 000
80
261,800
68

+3.4
+3.4
+2.5
+2.5

+12.5
+12.5
+19.1
+19.1

1, 274, 350

1, 582, 351 +24.2

1, 162, 700

1,412,950 +21.5

32, 705
41
11, 055
50, 276

58,684
74
16,093
52, 934

57, 869
72
22, 045
62, 179

40, 675
51
9,984
60, 486

47, 108
59
10, 087
58, 768

50, 347
63
22, 095
35, 971

42, 487
53
14, 852
39, 431

+15.8
+15.7
+1.0
-2.8

+10.9
+11.3
-32.1
+49.0

225, 281

237, 041

98,806
200, 723

69, 264 -29.9
284, 643 +41.8

1,075
1,252

1,042
1,196

1,466
1,558

a 1, 706
1,769

1,749
2,143

1,567
1,460

31,836
3 1, 661

+2.5
+21.1

-4.7
+29.0

7,280
6,869

3,615
3,893
2,581

3,243
3,060
2,408

2,923
2,884
2,344

2,845
2,880
3 2, 379

2,791
2,846
2,435

3,066
2,915
2,360

3,213
3,086
2,233

-1.9
-1.2
+2.4

-13.1
-7.8
+9.0

15, 070
15, 828

902
1,100
819

974
920
766

1,110
1,146
802

1,131
1,095
3765

991
1,127
902

716
741
794

769
733
753

-12.4
+2.9
+17.9

+28.9
+53.8
+19.8

3,679
3,825

5,108 +38.8
5,388 +40.9

274, 296
45, 573

259, 711
45, 333

270, 925
39,888

277,580
43, 936

261, 516
54,445

215, 184
55, 567

267, 890
55,092

-5.8
+23.9

-2.4
-1.2

1, 096, 690
256, 089

1, 344, 028 +22.6
229, 175 -10.5

69, 415
188, 738
66, 991
35, 073

66,221
207, 324
73, 997
42, 556

82, 897
215,000
99, 039
54,746

93, 894
208, 512
99,070
58, 015

94, 452
197, 472
89, 944
49, 870

105, 718
159, 892
191, 571
139, 801

125,
135,
127,
136,

522
793
780
238

+0.6
—5.3
-9.2
-14.0

-24.8
+45 4
-29.6
-63.4

475, 386

406, 879 -14.4

606, 132

429, 041 -29.2

81, 701
230, 527
80, 614

80, 420
255, 596
88, 671

94, 321 3 104, 199
278, 137 3 273, 284
107, 878 3 114, 819

104, 469
257, 100
102, 163

124, 027
212, 325
209, 744

141, 458
183, 173
139, 110

+0.3
-5.9
-11.0

-26.1
+40.4
-26.6

93, 321
276, 037
86, 866

79, 162
304, 051
88,647

97, 429 3 109, 748
318, G69 3 312, 209
107, 127 3 128, 629

108, 146
312, 999
111, 726

125, 479
268, 699
216, 182

143, 791
239, 678
145,004

-1.5
+0.3
-13.1

41, 197
137, 588
42, 036

33, 974
141, 960
37, 136

36, 152 3 40, 544
149, 013 3 147, 990
40, 050 3 45, 588

34, 860
158, 093
32, 234

51, 510
125, 325
73, 455

53, 353
113, 088
55, 012

111, 258

171, 204

151, 113 3 183, 072

174, 953

351, 374

427, 871

390, 577

449, 425

463, 577

352, 885

123, 650
86, 507
Vacuum cleaners shipments
number
71, 335
31,506
3 1,510
1,080
Water softeners shipments
units
9,322
6,450
7,935
Water systems, shipments
_units_.
Pumps:
Domestic shipments48, 081
48, 135
50,723
Pitcher, hand, etc
units..
2,085
1,988
2,265
Power, horizontal type
units..
Steam, power, and centrifugal1,432
1,878
1,695
New orders
thous. of dolls..
1,608
1,578
1,481
Shipments
thous. of dolls..
3,912
3,658
Unfilled orders, end mo thous. of dolls. .
3,800
Agricultural machinery and equipment: *
Shipments210.2
255.0
Total
rel to 1923-25
156.0
136.2
172.8
246.7
Domestic
rel to 1923-25
298.3
405.0
Foreign
rel to 1923-25
259.5
185.1
Production
rel to 1923-25
168.3
177.3
Foundry equipment:
209.4
197.0
New orders
rel to 1922-24
180.5
197.5
214.8
Shipments
rel to 1922-24
177.3
414.4
321.2
Unfilled orders, end of mo.-rel. to 1922-24..
336.1
Stokers, mechanical, sales:
117
80
Quantity
number. _
97
42, 432
42, 392
31, 554
Power
horsepower..
3
Revised.
* See table on p. 19 of the March, 1929, issue for earlier data.

124, 882
1,604
11,030

Fabricated Steel Products
Structural steel, fabricated: 1
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. _
Steel bars, cold finished, shipments .short tons..
Steel boilers, new orders: t
Quantity ._
number__
Area
.
-thous. of sq. ft__

+5.2

7, 038 -3.3
7,918 +15.3

Fabricated Steel Products
Steel furniture:
Business group—
Shipments
thous. of dolls..
New orders
thous. of dolls..
Unfilled orders end mo thous of dolls
Shelving—
Shipments
thous. of dolls..
New orders. __ __ ..thous. of dolls..
Unfilled orders, end mo.thous. of dolls..
Iron and steel:
Exports
long tons..
Imports
long tons..
Enameled Ware
Baths:
Shipments
pieces..
Stocks, end of month
pieces..
New orders-.
pieces..
Unfilled orders, end of month
pieces. .
Lavatories:
Shipments
pieces..
Stocks, end of month
pieces. _
New orders
pieces..
Sinks:
Shipments
pieces
Stocks, end of month
..
pieces..
New orders
pieces..
Miscellaneous sanitary ware:
Shipments
pieces..
Stocks, end of month
..pieces..
New orders
pieces..
Small ware (all except baths) :
Unfilled orders, end of month—
pieces..
Enameled sheet-metal ware:
Shipments
dozen pieces .

15, 417
15, 563

+2.3
-1.7

554, 469

465, 110 -16.1

694, 076

494, 145 -28.8

-24.8
+30.6
-22.9

573, 326

487, 806 -14.9

707, 567

522, 995 -26.1

-14.0
+6.8
-29.3

-34.7
+39.8
-41.4

237, 728

186, 727 -21.5

276, 833

197, 044 -28.8

342, 397

-4.4

-48.9

351, 034

348, 661

-23.9

+1.2

116, 192
1,444
12, 348

89, 587
1,489
9,563

89, 661
1,480
10, 583

—7.0
-10.0
+11.9

3 44, 922
2,841

40, 915
2,528

44, 736
2,302

41, 701
2,311

2,175
1,740
4,343

1,772
1,^86
4,058

1,504
1,376
3,383

3 261. 7
3 264. 3
3 247. 9
3 187. 2

234.0
229.5
255.2
181.6

172.6
220.3
363.4

177.7
217. 0
323.8

1, 835, 103

2, 084, 335 +13.6

+89.6
-2.4
+16.7

430, 514
7,589
44, 730

522, 566 +21.4
7,144 -5.9
47, 085 +5.3

-8.9
-11.0

-1.9
+9.4

247, 216
10, 384

232, 776 -5.8
11, 707 +17.7

1,428
1,518
3,239

-18.5
+8.4
-6.6

+24.1
+24.2
+25 3

6,833
6,561

8,952 +31.0
8,293 +26.4

187.2
184.4
201.8
148.3

186.6
186.2
188.3
146.0

-10.6
-13.2
+2.9
-3.0

+25.4
+23.3
+35 5
+24.4

107.7
112.5
126.1

335.6
104.7
344.5

+3.0 -47.1
—1.5 +107 3
-6.0
-10.9

Machinery




141
48, 749

174
88
501
130 +23.4 +33.8
609 +21.6
60, 772
225, 899 +23.2
31, 043 8 38, 706 +24.7 +57.0
183, 389
1 See table on page 18 of the March, 1929, issue for earlier data,
t See table on p. 20 of the March, 1929, issue for earlier data.

27

TREND OF BUSINESS MOVEMENTS—Continued
1929
The cumulative* shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"

January

February

PER CENT INCREASE (+) OR
DECREASE (-)

1938

March

April

May

April

May,
1929,
from
April,
1929

May

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1928

1939

Perct.
increase
(+)
or decrease
(-)
cumulative
1929
from
1928

IRON AND STEEL-Continued
Machinery— Continued
Machine tools:
New orders . .
..rel. to 1922-24..
Shipments
rel. to 1922-24..
Unfilled orders, end of mo-_rel. to 1922-24..
Electric hoists:
New ordersQuantity
number..
Value
dollars.
Shipments
.
dollars. _
Electric overhead cranes:
Shipments
. .-thous. of dolls __
New orders
thous. of dolls..
Unfilled orders, end of mo _, thous. of dolls ..
Woodworking machinery:
New orders
thous. of dolls.
Shipments.
thous. of dolls..
Shipments
number of machines
Cancellations
_ thous. of dolls.
Unfilled orders, end of mo..thous. of dolls..
Electric industrial trucks and tractors:
Shipments, domesticTractors
number of vehicles..
All other types
number of vehicles..
Exports
number of vehicles..
Fire-extinguishing equipment, shipments:
Motor vehicles. ...
..number..
Hand types
number
Patents issued:
Total, all classes _ _
number..
Agricultural implements
number
Internal-combustion engines _ _ .number..

292
255
676

336
303
702

334
329
687

320
311
718

334
301
721

222

219
371

205
204
345

+4.4 +62.9
-3.2 +47.5
+0.4 +109.0

533
253, 194
213, 663

750
346, 810
201, 404

595
285,465
247, 348

508
246, 673
232,483

541
268, 043
262, 641

394
198, 004
188, 967

462
204,550
190, 174

+6.5 +17.1
+8.7 +31.0
+13.0 +38.1

2,158
996, 100
893, 983

2,927 +35.6
1, 400, 185 +40.6
1, 157, 539 +29.5

852
1,383
2,547

586
1,173
3,285

773
1,919
4,300

748
1,194
4,587

1,122
1,457
4,786

659
410
1,520

547
708
1,671

+50.0 +105. 1
+22.0 +105. 8
+4.3 +186. 4

2,905
2,699

4,081 +40.5
7,126 +164.0

1,949
1,420
998
50
2,367

1,893
1,490
1,003
57
2,579

1,850
1,560
1,179
29
2,839

1,718
2,130
1,420
30
2,582

1,620
1,786
1,231
40
2,406

1,329
1,150
931
42
1,577

1,985
1,490
1, 082
324
2,058

-5.7
-16.2
-13.3
+33.3
-6.8

-18.4
+19.9
+13.8
+66.7
+16.9

7,021
6,263
4,887
119

9,030
8,386
5,831
206

4
129
19

10
121
3

14
187
10

12
169
13

28
174
9

9
121
6

8 +133.3 +250. 0
93
+3.0 +87.1
13 -30.8 -30.8

55
493
62

90
45,608

76
47, 376

107
55, 303

109
358,775

113
54,345

101
46, 643

107
55, 033

3,835
47
51

3,127
41
48

3,357
42
50

4,267
62
54

3,861
62
50

3,321
45
43

4,248
56
63

86,325
101, 151
154, 472
178,783
100, 135
52,523

84,735
95,234
141, 385
167, 090
98, 771
49, 896

93, 698 s 94, 902
107, 253 110, 313
163, 561 161, 285
192, 792 3 196, 820
105, 860
99, 051
43, 745
45,842

93, 026
108, 961
161, 784
193, 089
93, 743
36,949

69, 721
73,729
82, 087
85, 745
122, 824
129,236
146, 427 3 156, 414
72,234
79, 103
45, 550
56, 667

-2.0
-1.2
+0.3
-1.9
-5.4
-19.4

+26.2
+27.1
+25.2
+23.4
+18.5
-34.8

62,749
245, 210
.1660

55, 213
241, 085
.1773

52,968
57, 494
242, 341 3 253, 509
.2126
.1950

70, 412
261,243
.1778

72, 893
220, 206
.1399

66,288
225, 462
.1420

+22.5
+3.1
-8.8

+6.2
+15.9
+25.2

ft.
ft
ft..
ft..
ft..

461
412
1,064
376
302

411
305
1,077
410
325

473
439
1,085
1,172
789

509
441
1,137
247
497

536
518
1,120
262
495

413
405
1,147
399
283

431
407
1,134
371
258

+5.3
+17.5
15
+6.1
-0.4

+24.4
+27.3
12
-29.4
+91.9

ft..

486

494

743

689

618

438

402

-10.3

+53.7

+3.7
-7.5

+5.6
-1.3

480
237,936

-9.5 -9.1
0.0 +10.7
-7.4 -20.6

17,438
227
270

+28.6
+33.9
+19.3
+73.1

68 +23.6
780 +58.2
54 -12.9
495
261, 407

+3.1
+9.9

18, 447 +5.8
254 +11.9
253 -6.3

NONFERROUS METALS
Copper
Production:
Mines
...
_. .
short tons_
Smelter
short tons,.
Refined (N. and S. America) ...short tons..
World production, blister __ . . short tons..
Domestic shipments, refined
short tons..
Exports . __ __
. short tons.
Stocks (North and South America), end mo.:
Refined..
short tons..
Blister
short tons..
Wholesale price, electrolytic
dolls, per lb..

349, 669
406, 266
628, 603
741, 775
362, 592
245, 614

452, 686
522,912
782, 487
928, 574
497, 560
228,955

+29.5
+28.7
+24.5
+25.2
+37.2
-6.8

2,312
2,142

2,390
2,115

+3.4
-1.3

1,983

2,467 +24.4

Wire Cloth
Production.
thous. of sq.
Shipments
thous. of sq
Stocks, end of month
thous. of sq.
New orders
thous. of sq.
Unfilled orders, end of mo...._thous. of sq.
Make and hold orders, end
of month
thous. of sq.

Tin
long tons

8,795

6,750

8,175

8,435

8,480

7,010

5,335

+0.5 +59.0

31, 510

40, 635 +29.0

long tons..
long tons..
long tons
dolls, per lb__

24,237
2,611
9,498
.4916

26, 402
3,307
7,325
.4937

26, 632
2,550
7,435
.4885

26, 353
3,603
8,838
.4597

24, 765
3,464
8,902
.4392

15,001
1,973
9,494
.5236

17,064
3,708
7,045
.5154

-6.0 +45.1
-3.9 -6.6
+0.7 +26.4
-4.5 -14.8

36, 396

41, 998 +15.4

Retorts in operation, end of month.. .number..
Per cent of total
per cent..
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 lb_,

63, 314
54.5
49,709
45, 418

67, 631
56.4
48,154
40,620

67, 519
56.3
55, 471
37, 962

73,319
61.2
54,653
34, 588

73, 231
61.1
56, 958
33, 826

72, 522
59.0
53, 493
44, 759

70, 260
57.2
53,422
45, 225

-0.1 +4.2
-0.2
+6.8
+4.2 +6.6
-2.2 -25.2

265, 252

264, 945

48, 777
27,309
,0635

50, 848
24,535
.0635

72,206
20, 969
.0646

54,821
26, 448
.0666

37, 961
40, 957
.0662

51, 579
49, 097
.0576

50, 630
41, 747
.0603

58, 607

48,254

59, 298

362,476

64, 070

50, 115

51, 481

6,097
71, 412
53, 881
156, 182
.0665

8,929
71, 282
50, 954
160, 597
.0685

13, 329
11, 615
101, 763
75, 935
57, 197
57, 449
158, 149 3 156, 888
. 0745
.0719

8,424
96, 688
58, 140
162, 155
.0700

6,438
58, 401
47, 939
161, 207
.0610

6,352
61,790
53, 991
159, 375
.0612

6,093
1, 217
4,877

5,720
1,025
4,696

5,472
1,240
4,232

4,843
1,118
3,725

4,607
1,028
3,578

-9.5 +18.8
+4.3 +20.6
-12.9 +18.3

Deliveries (consumption) _ _.
Stocks, end of month:
World visible supply
United States
._
Imports
Wholesale price, Straits, N. Y
Zinc

-0.1

-30.8
+54.9
-0.6

-25.0
-1.9
+9.8

235, 010

264, 613 +12.6

+2.6

+24.5

269, 024

292, 705

-27.5 +32.6
+27.3 +56.5
+1.2 +7.7
+3.4 +1.7
-2.6 +14.4

33, 342
264, 071
345 364

48, 394 +45.1
417, 080 +20.8
277, 621 +5.1

23, 777
5,092
18,684

29, 797 +25.2
6,017 +18.3
23, 782 +27.3

Lead
Production
short tons
Ore shipments:
Joplin district
short tons
Utah... __
short tons
Receipts in U. S. ore
short tons
Stocks, U. S. and Mexico, end mo_.short tons..
Price, pig, desilverized, N. Y
dolls, per lb__

+8.8

Other Metal Products
Babbitt metal, consumption:
Total apparent
Direct by producers
Sale to consumers.
3 Revised




thous. of lbs__
thous. of Ibs
thous. oflbs..

6,466
1,346
5,120

6,046
1,189
4,857

28

TREND OF BUSINESS MOVEMENTS—Continued
1929

The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, " Survey"
January

February

March

PER CENT INCREASE (+) OR
DECREASE ( — )

1928

April

May

April

May

May,
1929,
from
April,
1929

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1938

1929

Per ct.
increase
(+)
or decrease
M
cumulative
1929
from
1928

NONFERBOUS METALS-Contimied
Other Metal Products— Continued
Band instruments, shipments:
Total
Cup mouthpieces
Saxophones __ ._
Woodwind
Pails and tubs, galvanized:
Production...
Shipments
Other galvanized ware:
Production
Shipments
_

dollars..
dollars..
dollars..
dollars..

322, 284
135,704
145, 252
41, 328

340, 522
135, 619
170, 625
34, 278

396, 445
167, 302
192, 739
36,424

313, 462
143, 123
138, 110
32, 229

336, 794
156, 939
151, 008
28, 847

367, 687
143, 424
202, 208
22, 055

350, 366
149,901
174,561
25, 904

+7.4
+9. 7
+9.3
-10.5

-3.9
+4.7
-13.5
+11.4

1, 858, 789
728, 146
1, 005, 233
125, 410

dozens..
. dozens

151, 106
165,745

151, 019
170, 813

211, 252
211, 516

165, 155
171, 722

176, 622
150, 501

208, 544
201, 119

177, 170
155, 561

+6.9
-12.4

-0.3
33

862, 664
857, 581

855, 154
870, 297

dozens
dozens.

40,649
36, 896

60, 471
43, 329

50, 055
49, 549

55, 778
55, 632

43, 370
38, 597

31, 545
36, 452

39, 206
35, 143

-22.2
-30.6

+10.6
+9.8

185, 942
181, 574

250, 323 +34.6
224, 003 -23.4

+0.7 +56.1
+7.8 +19.7
+7.5 +25.8
+8.9 +91.5
+30.3 +105. 7
+50.6 +132. 0

321, 150
607,579
2, 353, 683
11, 480
6, 052
5,217

1, 709, 507 -8.0
738, 687 +1.4
797,734 -20.6
173, 106 +38. 0

-0.9
+1.5

Electrical Equipment
Electrical porcelain, shipments:
Standard
_ _. ._
.. -.dollars.- 141, 065 102, 547 105, 716 109, 558 110, 326
70, 674
57, 919
Special
..
dollars.. 128, 299 144, 025 185, 908 148, 280 159, 785
133, 524
116, 516
High tension
...
. dollars
485, 502
652,211
735, 865
632, 025
521, 682
540, 212
679, 579
Glazed nail knobs...
thous. of pieces..
4,383
3,821
3, 731
2,172
3,683
4,160
2,207
Unglazed nail knobs
thous. of pieces..
2,906
2,458
3,202
2,576
1,557
2, 103
953
Tubes _ ..
thous. of pieces .
1,380
1,345
2,025
1,911
1,468
1, 155
873
Laminated phenolic products,
shipments
dollars 1, 247, 653 1, 372, 745 1, 299, 437 1, 409, 532 1, 477, 523
872, 336
857, 478
Outlet boxes and covers, shipments
pieces. . 3, 273, 963 2, 168, 723 2, 688, 191 3, 005, 179 2, 931, 583 2, 518, 077 2, 763, 094
Vulcanized fiber:
Shipments, total
thous. of dolls
767
812
828
662
759
827
621
Consumption
_
thous. of Ibs
3,531
3,144
3,092
2,974
3,006
3,693
2,700
Industrial reflectors, sales
units. . 149, 046 137, 291 134, 751 126, 948 153, 716
109, 804
107, 801
Power cables, shipments
thous. of ft..
1,995
2, 320
1,954
1,711
2, 130
1,986
1,860
Flexible cords:
Shipments
... thous. of f t. . 49, 909
47,932
49, 221
45,973
41, 357
37, 853
Stocks, end of month _ _ _
thous. of ft..
41, 757
45, 109
45, 238
50, 286
44, 751
45, 145
Welding sets, new orders:
Single operator
units
281
443
238
328
371
387
239
11
Multiple operator
units
7
11
4
8
28
Nonmetallic conduits, shipments-Jthous. of ft..
7,475
6,397
6,829
5,048
8,939
8,242
7,860
Electric furnaces, new orders
kilowatts
10, 769
7,218
12, 092
14, 542
6,562
5,668
5, 131
Manufactured mica:
Shipments
thous. of dolls
285
335
292
289
303
?279
246
Unfilled orders, end of mo.. thous. of dolls. _
305
308
338
332
302
196
335
Radio equipment, dealers' stocks, end quarter:
Receiving sets
_._.. .pieces. _ * 68, 214
5 74, 817
6 80, 751
Loudspeakers
pieces.. * 57, 504
« 75, 651
e 71, 078
Batteries
pieces.. < 196, 123
s 203, 193
6 309, 682
Socket-power units
*
pieces.. * 13, 490
« 7, 282 - —
..... 639,912
Tubes, receiving
pieces. _ « 654, 748
« 756, 008
6 643, 539
Tubes, rectifying
_
.pieces.. < 41, 561
5 70, 956
6 40, 646
Delinquent accounts, electrical trade:
Amount
dollars
131, 447
162, 875
209, 002
199, 949
189, 067
172, 514 3 193, 432
Delinquentfirms.
. number .
1,056
1,137
1,363
1,279
3 1, 470
1,468
1,285
AUTOMOBILES
Production:
United StatesTotal
.
number of cars. 3 401, 036 3 466, 352 3 585, 093 3 621, 331
Passenger cars
number of cars.. 349, 446 407, 816 3 515, 345 3538,911
Trucks
number of cars. . s 51, 590 3 58, 536 3 69, 748 3 82, 420
CanadaTotal
number of cars. _
21, 501
40, 621
31, 287
41, 901
17, 164
Passenger cars _ _ _ _ number of cars
25, 584
32, 833
34,392
4,337
Trucks...
..number of cars. .
7,788
5, 703
7,509
Exports (assembled):
From United StatesTotal
number of cars
37, 665
55, 058
76, 382
64, 437
Passenger cars
number of cars
24, 631
51,504
35, 253
47, 732
Trucks
number of cars
13 034
24, 878
19, 805
16, 705
From CanadaTotal
number of cars
8,971
10, 849
15, 528
6,586
Passenger cars
number of cars..
5, 640
7,694
10, 194
4,164
Trucks
number of cars..
3,331
5,334
3,155
2,422
Shipments (General Motors Co.):
To dealers
number of cars
127. 580
175, 148
220,391
227, 718
104', 488
To users
number of cars
138, 570
205, 118
223, 303
Accessories and parts:
Shipments212
Original shipment rel. to Jan., 1925..
243
275
287
141
Replacement parts.__rel. to Jan., 1925. .
148
136
174
Accessories
rel. to Jan., 1925
77
69
85
91
Service parts
rel. to Jan., 1925..
192
224
173
227
Rim production
.+
thous. of rims_.
1,835
2,613
2,265
2,730
New passenger-car registrations:
Total .
...
- __ number of cars.. 219, 694 235, 26C 378, 069 481, 750
11,392
Highest price group. _•
number of cars..
7, 096
6,187
16, 276
Second highest group
number of cars. . 35,473
34, 437
58, 623
74,944
48, 714
84,932
Third highest group
..number of cars..
50, 192
112, 183
Lowest price group
number of cars. . 127,800 144, 006 222,646 277, 854
Miscellaneous.
number of cars. _
611
444
476
493
2
4
3 Revised.
Cumulative through Apr. 30.
Quarter ending Dec. 31, 1928.




+4.8
-2.4
+1.8
+17.5
+21.1
+1.6

569, 212
766, 297
3, 185, 182
19, 778
13, 245
8,129

+77.2
+26.1
+35. 3
+72.3
+118.9
+55.8

+72.3 3,968,740 6, 806, 890 +71.5
+6.1 13, 301, 802 14, 067, 639 +5.8
+24.9
+19.4
+40.0
-6.8

+4.3
+14.3
+20.7
-54.9

+62. 6
-27.3
-7.8
+15.8

+3.8
-9.0

+8.6
+54. 1

+9.7
+31. 6
+3.6
-46.0
+15.5
+70.7

—7 3
+6.4
-34.4
-81.8
+17.5
+74.6

-5.4
+0 5

-2.3
-"12 6

3, 293
13, 554
610, 487
9,081

3, 993 +21. 3
16,348 +20. 6
701> 752 ;+14.9
+9.7
9,966

2 152, 604

2 193, 035 +26.5

1, 062
•••;••• 98
39, 909
23, 595

1,810 +70.4
37
62 2
33,991 -14.8
51, 183 +116.9
1 504

603, 969
517,373
86, 596

410, 104
364, 877
45, 227

425, 783
375, 863
49, 920

-2.8
-4.0
+5.1

+41.8
+37.6
+73.5

1, 80-1, 725
1, 609, 358
195, 367

2, 677, 781 +48. 4
2, 328, 891 +44.7
348, 890 +78.6

31, 559
25, 129
6,430

24, 211
20, 517
3,694

33, 942
29, 764
4,178

-24.7
—26. 9
-14.4

-7.0
-15.6
+53.9

96, 589
82, 528
14, 061

166, 869 +72.8
135,102 +63.7
31, 767 +125. 9

39, 913
28, 417
11, 496

42, 269
33, 644
8,625

47, 912
38, 851
9,061

38 1
-40. 5
-31.2

-16.7
-26.9
+26.9

206, 167
158, 266
47, 901

273, 455 +32. 6
187,537 +18.5
85, 918 +79.4

9,561
5,727
3,834

3, 996
2, 957
1, 039

6,157
4,511
1,646

+45. 2 +55.3
+37.5 +27.0
+58.3 +132. 9

21, 323
14, 620
6,703

51, 495 +141. 5
33, 419 +128. 6
18, 076 +169. 7

220, 277
214, 870

197, 597
209, 367

207, 325
224, 094

+3.3
-3.8

+6.2
-4.1

897, 156 |
856, 474

278
169
91
200
2,574

213
151
107
164
2, 317

215
183
113
157
2,186

-3.1
-2.9
0.0
-11. fl
-5.7

+29.3
-7.7
—19.5
+27.4
+17.7

10, 541

-5.8
-8.C>
-9.£
-7. AL
-3.£
-11. C)
s Quarter ending Mar. 31, 1929.

453, 981
14,977
67, 815
103,859
266, 891
439

332, 056
14, 705
3 70, 288
3 104, 217
3 141, 266
1.580

3 351, 459
3 14, 643
3 72, 243
3
107, 413
3 155, 527
1.633

i

971,114
886, 349

+8.2
+3.5

12, 017 +14:0

+29.2 1, 239, 337 1, 768, 7€0 1 +42.7
54, 971
55, 928 !1 , - +1. 7
+2.3
261, 580
271, 292
+3. 7
-6.1
-3.3
389, 926
399, 880 i +2. 6
525,311 1,039,197 i +97.8
+71.6
-73. 1
6. 549
2. 463 ! -62.4
e Quarter ending Mar. 31,1928.

29

TREND OF BUSINESS MOVEMENTS—Continued
1939

The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"
January

February

PEE CENT INCREASE (+) OR
DECREASE (— )

1938

March

April

April

May

May

May,
1929,
from
April,
1929

May,
1929,
from
May,
1928

CUMULATIVE
TOTAL
FROM JANUARY 1
THROUGH MAY 31

1939

1938

Per ct.
in- H
crease
(+)
ordecrease
(-)
cumu.
lative
1929
from
1928

FUELS
Coal and Coke

Bituminous:
Production—
United 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 plants—
U.S..
thous. of short tons. .
Canada
thous. of short tons..
Prices—
Mine aver (spot) dolls, per short ton._
Wholesale, comp. .dolls, per short ton..
Retail, composite-dolls, per short ton..
Anthracite:
Production
thous. of short tons..
Exports
thous. of long tons. _
PricesWholesale, comp.. -dolls, per long ton..
Retail, composite-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..

51, 456
1,537
917

47, 271
1,611
999

39,347
1,370
878

36, 888
1,393
851

40, 172
1, 402

32,188
1,146
711

36, 624
1,264
1,144

+8.9

+9.7

+64.7 +22.6

198, 326
2 5, 654
4,257

215, 134 +8.5
25,911 +4.5
5, 047 +18.6

-1.8

284

267

283

361

338

306

364

-6.4

-7.1

4,146
8,631

3,713
8,241

33,576
8,180

3,415
7,393

3,372

33,115
3 7, 442

33,117
7,400

-1.3

+8.2

16, 854
2
31, 915

7,028
300

6,586
279

7,486
315

7,156
306

7,658

6,235
243

6,484
266

+7.0

+18.1

31,399
2984

35, 914 +14.4
2 1, 200 +22.0

1.85
4.035
9.09

1.87
4.029
9.07

1.79
4.000
9.06

1.69
3.902
8.76

1.68
3.908
8.52

1.74
4.044
9.20

1.73
3.986
8.18

-0.6
-0.1
-2.7

-2.9
-2.0
+4.2

7,337
298

6,670
274

5,044
151

6,441
160

6,308
246

6,909
182

8, 124
266

31, 802
1,094

31,800
1.129

0.0
+3.2

13. 107
15.06

13.107
15.07

13. 077
15.07

12. 654
14.71

12.539
14.40

12. 761
14.64

12. 752
14. 46

479
4,370
221
104

440
4,090
202
76

534
4,613
228
87

468
4,457
220
60

597
4,664
83

377
3,925
174
62

376
4,100
193
89

+38.3

-6.7

1,968
19, 710
2707
366

2,518
22, 184
2871
410

+27.9
+12.6
+23.2
+12.0

2.75

2.96

2.99

2.81

2.80

2.74

2.70

-0.4

+3.7

72, 127

1,561

-2.1 -22.4
75
+53.8
-0.9
-2.1

1,533
18, 222
2 32, 445

+8.1
+1.7

-1.7
-0.4

+27.6 +58.8
+4.6 +13.8

Petroleum
Crude petroleum:
Production
thous. of bbls. _
81, 979
75, 693
Stocks at end of monthTotal (comparable)
thous. of bbls. . 372, 913 376, 939
Tank farms and pipe
lines
thous. of bbls-. 330,395 332,349
Refineries .. thous. of bbls. _
42,518
44, 590
CaliforniaLight
thous. of bbls __
19, 196
21, 810
Heavy
thous. of bbls__
98, 682
99, 284
Imports
thous. of bbls __
8,075
7,016
Consumption (run to stills) .thous. of bbls..
78, 825
72, 031
Refinery operation
per ct. of capacity
76
76
Price, Kansas- Oklahoma dolls, per bbl_.
1.185
1.110
Oil wells completed
number..
1,205
1,086
Mexico —
Production
thous. of bbls
3,515
3,130
Exports
thous. of bbls._
1,895
1,208
VenezuelaProduction
thous. of bbls..
11, 521
10, 326
Exports
thous. of bbls _
9,982
9,032
Gasoline:
ProductionRaw (at refineries)
thous. of bbls__
34, 335
31,264
Natural gas (at plants) _ -thous. of bbls. .
3,983
3,736
Exports
thous. of bbls_.
4,506
3,797
Consumption...
thous. of bbls..
22, 602
22, 776
Stocks, end of monthRaw (at refineries)
thous. of bbls..
45,704
40, 648
Natural gas (at plants) thous. of bbls .
741
821
Retail distribution, 41 States.thous. of gals.. 3 684, 445 3 629, 586
Prices —
Wholesale, New York.. .dolls, per gal_.
.178
.170
Retail, wagon, 50 cities. -dolls, per gal-.153
.147
Kerosene:
Productionthous. of bbls-4,700
4,435
Exports.
thous. of bbis_.
1,896
1,582
Consumption
.
thous. of bbls
2,956
3,519
Stocks at refineries, end mo.thous. of bbls..
8,865
8,210
Retail distribution, 13 States.thous. of bbls..
30, 673
30, 023
Price, 150° water white
dolls, per gal-.077
.075
Gas and fuel oils:
Production
thous. of bbls. _
36,838
34, 331
Consumption—
By vessels
thous of bbls .
3,915
4, 252
By electric pow. plants -thous. of bbls..
939
860
By railroads
thous of bbls
4, 499
4,235
Stocks at refineries, end mo.thous. of bbls__
32, 522
30,118
Price, Okla. 24-26, refineries-dolls, per bbl__
.625
.638
Lubricating oil:
Production.
thous. of bbls__
2,945
2,503
Consumption
thous. of bbls..
1,521
1,751
Stocks at refineries, end mo.thous. of bbls..
8,534
8,649
Price, cylinder oil
dolls per gal
.299
.289
Asphalt:
• Production
thous of short tons
188
208
Stocks, end of month.thous. of short tons..
229
236
12
Imports
_
thous. of short tons..
8
2 Cumulative through Apr.




82, 515

80, 110

84, 415

75, 218

+5.4

+12.2

379, 659

380, 706

379, 542

3371,898 3371,969

-0.3

+2.0

333, 402
46, 257

332,976
47, 730

330, 984
48, 558

3 328, 296 3328,556
3 43, 602 3 43, 413

-0.6
+1.7

+0.7
+11.9

24, 067
100, 504
6, 790
80, 708
78
1.110
1,074

26,500
100, 332
7,828
80, 459
80
1.110
1, 207

29, 038
101, 681
7,552
84, 420
81
1.158
1,191

3,526
2,169

3,504
2,150

10, 694
9,438

11, 351
9,661

34, 467
4,324
4,594
3 27, 495

363, 038

404, 712 +11.5

31, 453
358, 419

37,261
396,443

+18.5
+10.6

5,763

+28.9

18, 752
94, 301
5,661
a 72, 988
79
1.190
961

19, 170
93, 941
6,766
3 77, 311
80
1.190
961

4,596
3,940

4,347
3,065

12, 038
10, 275

7,594
7,582

8,784
8, 511

+6.1 +37.0
+6.4 +20.7

37, 772
37, 077

34, 636
4,264
4,443
32, 019

36, 270
4,343
5,207
34, 117

3 29, 317
3 3, 467
4,044
3 25, 567

« 30, 825
33,471
6,535
328,346

+4.7 +17.7
+4,3 +25. 1
+17.2 -20.3
+6.6 +20.4

144, 255
17,141
21, 374
120, 387

3 48, 205
995
3 769, 490

47, 015
1,166
842, 858

44, 648
1,391

841,189 338,224
3 810
3831
• 759, 507 3 863, 336

-5.0 +16. 8
+19.3 +71.7

.170
.149

.170
.150

.190
.157

4,515
1,872
2,976
7,855
30, 844
.077

4,434
1,620
3,156
7,497

4,902
1,454
3,200
7,742

.084

37, 456

37, 533

4,213
3743
4,484
30, 195
.675

4,179
651
4,266
33,404
.665

35, G36
.631

2,943
1,581
8,853
.293

2,899
3 2, 442
3 8, 527
.363

3,005
2,322
8,370
.405

3 3, 027
3 2, 334
8,018
.221

3,091
+3.7
-4.9
1,989
-1.8
8,060
. 228 +11.6

-3.8
+16.7
+3.8
+77.6

14, 378
9, 448

14,295
9,617

-0.6
+1.8

228
250
2

283
249
6

315
236
4

274
274
6

331 +11.3
-5.2
262
13 -33.3
s Revised.

-4.8
-9.9
-69.2

1,279

•l,-222

-4.5

30.

. 170
.150

+9.6 +51.5
+1. 3 +8.2
-3.5 +11.6
+4.9 +9.2
+1.3 +1.3
+4.3 -2.7
-1.3
+23.9

4,471
2 18, 569
2 13, 306

. 170 +11.8
.152
+4.7

+11.8
+3.3

-6.5
-28.6
-5.4
+2.7

+10. 6
-10.3
+1.4
+3.3

.080

5,243
2, 035
33383
3 7, 537
33, 046
.074

-4.8

+8.1

38, 570

3 33, 870

3 35, 620

+2.8

+8.3

168, 837

4,704
607

4,275

5,013
483
4,067
3 32, 887
.763

+12.6
-6.8

-6.2
+25.7

21, 058
2,754
16, 072

+6.7 +8.4
-5.1 -17.3

55,930
48,388

24,798
9,685
15, 338

2

38

+48.1
+30.5

170, 972 +18.5
29, 650 +20.5
22,547
+5.5
139, 009 +15.5

2 2, 926, 379 2 2, 721, 783

5,033
1, 903
3 3 168
3 7, 733
34, 412
.069

4,085
3 29, 669

2 13, 675 -26.4
2 7, 422 -44.2

-7.0

22, 9861 -7.3
8,454 -12.7
15, 807 +3.1

184, 728

+9.4

21, 263 +1.0
3,800 +38.0
2 17, 484, +8.8

32 -15.8

30

TREND OF BUSINESS MOVEMENTS—Continued
1939

The cumulative* shown are through
May, except where otherwise noted.
Earlier data for Items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey*'
January

February

PER CENT INCREASE (+) OR
DECREASE (— )

1938

March

May

April

April

May,
1929,
from
April,
1929

May

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

Per ct.
increase
or decrease

1938

cumulative
1929
from
1928

1939

FUELS— Continued
Petroleum— Continued

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

138
404

127
388

129
402

131
445

58,885
123, 521

5,027
140,053

56,372
158,404

57, 976
170, 687

79, 177
57,586

74, 311
64,286

72,072
50,610

72,911
» 55, 730

long tons.. 4 108, 189
'118,280
long tons,. 492,972
« 102, 091
thous. of Ibs..
54,161 "~~57~559
61, 335

65, 673

142
471

109
342

118
348

53,783

57,548

51, 186

+8.4
+5.8

+20.3
+35.3

537

51, 072

-7.2 +5.3
+5.0 +72.8

263,326

36, 114
37,958

43,889
31,014

-8.2

« 95, 273
« 80, 871
43, 701

51,061

179, 139 » 109, 709 » 103, 639

667 +24.2

277, 043

+5.2

RUBBER
Crude Rubber
World shipments, plantation
Imports (including latex)
Consumption (quarterly):
Total
. .
For tires
Consumption by tire mfrs
Stocks, end of quarter:
Total- .
Manufacturers
Dealers
Afloat
World stocks, end of month:
World total.
United States
Europe
Producing countries
Afloat . . .
Wholesale price, Para, N. Y

long tons..
long tons..

. -long tons..
long tons..
long tons..
long tons..

.. - long tons.. 228, 343
long tons. .
76,342
long tons
' 30, 355
long tons..
33, 038
long tons..
91,300
dolls, per lb._
.201

231, 035
90,058
3 30, 878
36,254
87,250
.239

244, 440
100, 537
3 33, 584
32, 955
85,700
.244

252, 776
107, 659
36,889
30, 731
91,200
.211

266, 479
97, 192:

35,242
.214

+9.3 +24.1
+9.8 +26.2

2 179, 714
182, 160

2298,471 +66.1
279,398 +53.4

2 182, 775

2 238, 728 +30.6

+48.9 -15.2
+33.1 -28.4
+102. 5 +44.6
-27.4 +44.3

« 112, 103
6 91, 700
« 20, 403
« 35, 572

« 95, 110
« 65, 615
«29,495
« 51, 336

4 63, 871
4 49, 302
414,569
4 70, 672

+65.0

245, 185
113, 083
57, 174
19,223
55,700
.188

227, 536
105,357
48, 243
20, 116
53,820
.188

+5.4
-9.7

+17.1
-7.8

+14.7

+75.2

+1.4

+13.8

Tires and Tubes
Pneumatic tires:
Production
Stocks, end of month
Shipments—
Domestic .
Export
Inner tubes:
Production
ShipmentsDomestic _
Export
Solid and cushion:
Production . . .
Stocks end of month
ShipmentsDomestic
Exports

thousands.
thousands--

5,042
10, 284

5,184
11, 621

5,639
12,264

5,913
12,697

4,645
9,561

5,082
9,794

23,665

-. _. thousands- thousands.-

4,721
248

3,750
212

4,804
227

5,242
229

4,229
143

4,707
146

20,650
728

4,888
11, 539

5,077
12, 749

5,600
13,313

5,726
13, 601

4,999
12,500

5,382
13,298

25,070

5,271
160

3,815
143

4,889
164

5,220
153

4,196
86

4,631
100

21, 498
455

thousands. .
thousands

32
151

30
147

36
143

39
139

44
157

47
156

209

thousands
thousands. .

31

38

40
3

40
3

44
4

192
18

-

thousands. .
..thousands..
thousands..

Other Rubber Products
Reclaimed rubber (quarterly):
Production
long tons . 4 52, 825
4 21, 724
Stocks end of quarter
-long tons
Scrap rubber (quarterly) :
4 68, 869
Stocks at reclaimers
long tons
Consumption by reclaimers
long tons— 466,567
Rubber-proofed fabrics:
Production—
2,828
Total
^
thous. of yds .
Auto fabrics
thous. of yds..
686
989
Raincoat fabrics..
thous. of yds..
All other
thous of yds
1,153
Rubber heels:
Production
thous of pairs
19,975
Shipments—
To shoe manufacturers.thous. of pairs. _
12, 867
To repair trade
thous. of pairs
6,809
For export
thous of pairs
1,001
Stocks, end of month
thous. of pairs
50,649
Rubber soles:
Production
thous. of pairs
3,876
Shipments—
To repair trade
thous of pairs
861
To shoe manufacturers thous. of pairs
2,934
For export _.
.thous. of pairs
156
Stocks, end of month
thous of pairs
4,274
Mechanical rubber goods, shipments:
Total
thous of dolls
6,033
Belting
thous. of dolls
1,305
Hose
thous of dolls
2,378
All other
thous of dolls
2,350
Rubber bands, shipments
thous. of Ibs
219
Rubber flooring, shipments
thous. of sq. ft_.
418
Calendered rubber clothing:*
Production
no coats and sundries
58, 130
Net orders
no coats and sundries
31, 437
Cancellations
no. coats and sundries..
618
2 Cumulative through Apr. 30.
a Revised.
4 Quarter ending Dec. 31,1928.




« 53, 552
« 17, 727
« 59, 135
« 71, 001

::::::::::

3,095
878
1,118
1,099

4,123
917
1,862
1,344

919

18, 979

17, 226

17, 256

10, 196
6,737
1,479
50,010

8,798
7,925
1,230
49,571

11,028
6,506
1,072
47,209

2,869

2,746

755
2,217
24
4,077

705
1,862
34
4,243

6,135
1,413
2,271
2,452
240
432

7,013
1,546
2, 733
2,735
288
603

59, 825
30, 286
1.387

77, 740
32,967
215

6

51, 112
•16,317

+1.4
-18.4

« 61, 299
664,069

-14.1 -3.5
+6.7 +10.8

+4.8
+8.6

53,034
2,416
•1.015
835
874 % 1,110
909
707

22,997

18, 575

21, 597

2 78, 021

2 73, 436

8,639
6,173
819
48,892

8,897
7,559
884
52,387

2 31, 310
228,648
23,908

2 42, 889 +37.0
2 27, 977 -2.3
24,782 +22.4

2,601

2,928

3,519

2 13, 734

212,092 -11.0

623
1,967
23
4,184

884
1,524
141
4,084

894
1,855
120
4,558

2 3, 792
27,546
2 1, 627

2 2, 944 -22.4
28,980 +19.0
2237 -85.4

231
596

5,406
1,211
2,078
2,117
169
475

6,274
1,352
2,667
2,255
177
661

2798
22,068

2978 +22.6
22,049 -0.9

446, 342
129,413
137, 239
91, 193
305, 328
28,720
117,427
102,490
1,424
17,600
829
589
5 Quarter ending Mar. 31,1929.
« Quarter ending Mar. 31,1928.
* See table on p. 22 of the April, 1929, issue for earlier data.

286,888 -35.7
197, 180 -35.4
2,809 -84.0

1

23,400 +13.4

-5.9

31
TREND OF BUSINESS MOVEMENTS—Continued
1929
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"

January

February

PEE CENT INCREASE (+) OR
DECREASE (— )

1928

March

April

May

April

May

May,
1929,
from
April,
1929

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1928

1929

Per ct.
increase
(

-y

or decrease
(-)
cumulative
1929
from
1928

HIDES AND LEATHER
Hides
Imports:
Total hides and skins
thous. of Ibs. _
Calfskins
_. _ .
thous. of lbs__
Cattle hides
thous. of Ibs
Goatskins
thous. oflbs..
Sheepskins
thous. of lbs__
Stocks, end of month:
Total hides and skins
thous. of lbs_.
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, perlb..
Calfskins, country, No. 1
dolls, per Uninspected slaughter of livestock:
United StatesCattle
thous. of animals
Calves
_> thous. of animals..
Swine
. -- thous. of animals _.
Sheep
thous. of animals __
CanadaCattle and calves thous. of animals..
Swine
-- thous. of animals..
Sheep
..thous. of animals..

38, 679
2,608
21, 456
5,911
5,060

31, 919
1,951
16, 195
7,841
3,785

34,063
1,462
16, 161
8,768
4,892

39, 505
3,379
16, 155
10, 869
6,406

262, 326
219, 274
23, 636
19, 416

249, 563
210, 760
21, 595
17, 208

240, 740
203, 947
20, 265
16, 528

245, 359
206, 248
22,058
18, 053

.205
.219

.153
.171

.145
.183

.149
.187

736
369
5,738
1,150

569
311
4,478
953

632
409
3,645
1,006

71
249
35

57
208
21

1,284
23, 891

-36.9
-7.1
-61.7
-2.0
+4.7

.246
.295

0.0
-4.3

-39.4
-39.3

623
438
3,446
918

723
473
3,804
1,015

+2.1
-7.2
+1.0
+7.4

-6.5
-9.7
-0.2
+18.4

3,388
2,075
23,649
5,148

110
187
17

96
222
16

123
219
17

+4.8
-10.1
-10.5

-10.6
—14.6
0.0

427
1,207
94

417 -2.3
1,067 -11.6
113 +20.2

1,151

1,358
24,761

1,407
25, 140

-2.9

-18.2

6,591
96, 510

5,862 -11.1
» 90, 010 -6.7

1,149
.49

89, 181
57,335
753
.66

90, 734
59, 614
650
.67

+6.4
0.0

+76.8
-26.9

4,715

5,313 +12.7

45, 443
2,836
26, 101
8,182
5,428

61,288
5,485
36, 913
10, 082
6,016

228, 037
190, 492
22, 687
14, 858

241, 264
197, 775
25,961
17,528

.149
.179

.256
.295

662
460
3,761
1,119

676
427
3, 798
1,202

74
215
21

105
208
19

1,102
20,989

1,140
22, 191

« 1, 185
22,939

77,989
81, 518
1,054
.59

81,482
78, 607
729
.57

79,524
78, 772
1,336
.55

79,487
76,444
1,080
.49

225, 050
17, 610
126, 972
39, 527
25, 678

182, 809 -18.8
14, 496 -7.7
84,089 -33.8
43, 271 +9.5
26,444 +3.0

-2.2
+50.8
-12.6
-9.1
-1.6

38,643
5,096
14, 122
9,882
6,301

3,275
1,976
21, 420
5,430

-3.3
-4.8
-9.4
+5.5

Leather
Sole and belting leather:
ProductionSole only.thous. of backs, bends, sides..
Sole and belting
thous. of Ibs..
Stocks, end of month —
In process of tanning
thous. of Ibs. _
Finished
. thous! of Ibs. _
Exports
thous. of Ibs..
Price oak, scoured backs
dolls, per lb__
Upper leather:
Production
..thous. of sq.ft. _
Stocks, end of month—
In process of tanning— thous. of sq. ft..
Finished
thous. of sq. ft..
Exports
_
thous. of sq. ft__
Chrome calf, "B" grades.. dolls, per sq. ft..
Leather Products
Shoes:
Production
thous. of pairs..
Exports
thous. of pairs. .
Wholesale pricesMen's black calf
blucher, Mass
dolls, per pair..
Men's dress welt, tan
calf oxford, St. Louis. dolls, per pair..
Women's black kid, dress
welt, lace, oxford
dolls, per pair..
Gloves, cut
dozen pairs..

2

66,424

62,954

66, 132

65, 152

63, 730

62,074

138, 500
249,468
10,998
.53

136, 749
249, 739
9,364
.51

133,335
249, 373
11,991
.49

130,430
246, 992
10, 818
.50

9,563
.51

140, 713
253, 557
10,846
.60

141, 068
255, 397
11,400
.60

-11.6
+2.0

-16.1
-15.0

67, 642

27, 245
423

27, 707
367

a 30, 900
435

29,161
372

333

26, 629
394

26,427
409

-10.5

-18.6

* 114, 768
1,965

2 278, 699

« 260, 662

-6.5

52, 734 +22.0

2 115, 013
1,930

+0.2
-1.8

6.75

6.75

6.75

6.75

6.75

6.75

6.75

0.0

4.85

4.85

4.85

4.85

4.85

4.90

4.90

0.0

4.25
214,826

4.25
240, 116

4.25
256,691

4.25
258, 301

4.25
263, 933

4.25
210, 420

4.25
224, 636

0.0
+2.2

0.0
+17.5

149, 772
144,205
130,209
25, 832

126, 171
125, 598
130, 797
14,228

147, 640
136, 880
141, 557
16, 481

162, 042
142, 920
160, 875
23, 314

166,375
143, 838
178, 963
21,044

149, 652
133, 702
173, 174
18, 549

156, 258
143,015
186, 377
24,024

+2.7
-0.1
+11.2
-9.7

+6.5
-0.1
-4.0
-12.4

724, 365
697, 291

236,636
235, 170
41,366
151, 240
2.45

213, 582
216, 544
38, 134
118, 246
2.45

231,836
231, 526
37, 638
185,074
2.45

233, 742
234, 638
36,150
123, 757
2.45

241,314
242, 292
34,106
121,989
2.49

210, 780
211,400
43,872
80,592
2.53

222, 924
225, 710
42,120
90,736
2.53

+3.2
+3.3
-5.7
-1.4
+1.6

+8.2
+7.3
-19.0
+34.4
-1.6

114, 586
79
218, 147
198, 722

118,679
81
221, 784
189,986

123, 504

117, 553
84
191, 594
181, 112

128, 065
84
202, 596
186, 641

-3.6

599, 127

245, 644
200,826

+10.8
+5.7

+21.2
+7.6

967, 496
889, 510

1,084,966 +12.1
943,900 +6.1

120, 003
119, 739
182, 994

121, 548
220, 270
178, 076

124, 840
247, 449
206, 036

118, 583
193, 860
163, 179

124, 316
203, 836
181,913

+2.7
+12.3
+15.7

+0.4
+21.4
+13.3

582, 278
963, 512
868,431

595,029 +2.2
1,082,873 +12.4
929,319 +7.0

244, 167

162, 381

214, 342

140,011

194, 298

+32.0

+10.3

891, 349

990,406 +11.1

30,534
24,045
174, 750
45, 673
3.25
30.

27, 102
25, 741
166,089
46, 724
3.25

25,778
23, 893
154,948
51, 425
3.25

33,734
46,641
188,384
43, 363
3.25

37,207
-4.9
-30.7
-7.2 -48.4
46,290
-6.7 -16.1
184,580
46, 627 +10.1 +10.3
3.25
0.0
0.0
»Revised.

0.0

-1.0

1,031,085

1,233,867, +19.7

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, total
short tons
123, 822 103, 644
Ratio to capacity
percent..
85
77
Canada .
__
short tons.. 212, 191 187, 200
183, 502 170, 864
Consumption by publishers
short tons
Shipments:
United States
short tons
120, 263 108, 375
Canada
.
short tons.. 209, 020 186, 395
Imports
_.
.
short tons.. 196, 882 165, 331
Exports:
Canada ..
_.
_.
.short tons.. 195,047 174,469
Stocks, end of month:
At millsUnited States
short tons..
38,003
35,642
Canada
short tons..
21, 406
25, 536
At publishers
short tons. _
197,480 188, 595
In transit to publishers
short tons..
45, 982
48,050
Price, roll, f. o. b. mill
dolls, per 100 Ibs..
3.25
3.25
» Cumulative through Apr.




+4.1

752,000
692,441

+3.8
-0.7

105, 930

100,899

1, 081, 322
1, 085, 536

1, 157, 110
1, 161, 170

-4.7
+7.0
+7.0

540, 996

600,306 +11.0

584, 235

-2.5

32
TREND OF BUSINESS MOVEMENTS—Continued
1939

The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"
January

February

PER CENT INCREASE (+) OR
DECREASE ( — )

1938

March

May

April

May,
1929,
from
April,
1929

May

April

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1938

1939

Perct
increase
(+)
or decrease
(-)
cumulative
1929
from
1928

PAPER AND PRINTING-Continued
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. _
Cash checks, shipments .
thous. of checks.
Blank forms, new orders
thous. of sets..

508
150

681
113

914
201

718
108

601
135

697
123

599
119

-16.3
+25.0

+0.3
+13.4

3,310
664

3,422
707

+3.4
+6.5

12, 861
12, 167

12, 317
12, 414
124
91, 723
63, 633

12, 718
12, 176
123

12, 748
12, 154

61, 809
59, 001

62, 406
60, 895

+1.0
+3.2

70, 169

12, 162
11, 645
111
80, 116
48, 024

+4.8
+4.4

62, 074

11, 796
11, 807
111
71, 715
40, 880

+0.2
-0.2

90, 616
54, 165

11, 762
11, 984
126
71, 043
53, 306

+13.0

+46.1

209, 470

9,297
81.4
248, 290
241, 086
247, 498
56, 804

8,436
80.0
228, 034
227, 595
227, 206
57, 398

9,417
82.5
256, 118
266, 895
258, 604
54, 982

9,279
81.3
251, 147
250, 356
247, 773
57, 881

9,533
83.5
270, 754
242, 596
262, 604
62, 292

8,312
79.4
221, 074
211, 304
220, 315
40, 319

8, 734
80.2
242, 394
224, 366
235, 794
49, 107

+2.8
+2.7
+7.8
-3.1
+6.0
+7.6

+9.1
+4.1
+11.7
+8.1
+11.4
+26.8

137, 251
49, 104
87, 974
238, 652

126, 212
54, 121
87, 726
217, 442

137, 008
51, 520
96, 209
242, 073

142, 666
68, 005
98, 162
231, 089

150,021
54, 433
89, 390
250, 245

132, 621
47, 551
84, 513
211, 898

127, 217
46, 375
73, 157
220, 750

+5.2
-20.0
-8.9
+8.3

+17.9
+17.4
+22.0
+13.4

2,994

3,491

+16.6

-6.2

3 117

j

303, 347 +44.8

Box Board
Operation
thous. of inch hours..
Operation
per ct of capacity
Production
short tons__
NBW orders
short tons
Shipments
_
_ .short tons. _
Stocks, end of month
short tons
Stocks of waste paper, end of month:
On hand
short tons
In transit and unshipped purchases—tons ..
Unfilled orders, end of month
short tons..
Consumption of waste paper
short tons._

41, 860

45, 936

+9.7

1, 106, 556
1, 100, 002
1, 100, 191

1, 254, 343 +13.4
1, 228, 538 +11.7
1, 243, 685 +13.0

1, 026, 007

1, 179, 501 +15.0

Other Paper
Binder's board, production
short tons
Book paper:
Production
short tons
Ratio to capacity
. per cent..
Shipments
short tons
Stocks, end of month .
short tons. _
New ordersCoated p. ct. of normal production..
Uncoated.p. ct. of normal production..
Unfilled orders, end of month—Coated p. ct. of normal production..
Uncoated.p. ct. of normal production..
Wrapping paper:
Production
._ ..
short tons..
Ratio to capacity
per cent
Shipments
_ short tons _
Stocks, end of month
short tons
Fine paper:
Production..
__ short tons.
Ratio to capacity
per cent
Shipments
short tons
Stocks, end of month
short tons
All other grades:
Production
short tons
Shipments
_ ..short tons..
Stocks end of month
short tons
Total paper (inc. newsprint and box board) :
Production
short tons
Ratio to capacity
per cent
Shipments

Stocks, end of month

short tons

short tons

3,172

2,581

2,917

131, 999
95
132, 791
79, 099

122, 015
92
126, 286
74, 353

136, 657
93
139, 253
71, 399

81
82

94
87

104
91

89
84

10
8

9
9

10
9

101, 604
81
100, 690
95,288

87, 082
89
86,298
93, 107

38, 228
92
40, 522
50,954

3,450

3,720

125, 191
91
117, 304
81, 105

130, 199
90
124, 861
86, 782

86
80

97
84

74
77

-1.1
-4.8

+16.2
+3.9

10
10

10
9

12
9

11
7

0.0
-10.0

-9.1
+28.6

91, 746
86
96,700
86, 596

91, 286
85
91, 377
86, 075

94, 302
85
92, 227
87, 733

91, 744
86
89, 542
93, 975

97, 793
87
94, 761
96, 802

+3.3
0.0
+0.9
+1.9

-3.6
-2.3
-2.7
-9.4

480, 627

466, 020

-3.0

467, 030

467, 292

+0.1

37, 789
90
38, 885
49, 849

41, 348
86
43, 788
47,373

41,819
93
40, 564
50, 213

41, 660
90
42, 368
49, 488

40, 288
92
37, 548
53, 741

40, 904
87
40, 863
53, 791

-0.4
-3.2
+4.4
-1.4

+1.8
+3.4
+3.7
-8.0

199,932

200, 844

+0.5

195, 707

206, 127

+5.3

106, 157
104, 445
62, 902

100, 337
102, 634
60, 605

104, 355
102, 091
53, 205

104, 500
102, 278
55, 486

111, 182
107, 735
58, 932

99, 266
97, 858
69, 798

107, 475
105, 705
71, 569

+6.4
+5.3
+6.2

+3.4
+1.9
17.7

508, 932
502, 094

526, 557
519, 183

+3.5
+3.4

748, 700
71
744, 809
383, 030

677, 801
86
688, 584
370, 954

743, 078
86
762, 714
349, 673

87

695, 116
85
681, 150
372, 672

746, 830
83
726, 300
395, 258

451, 172
352, 021
99, 151

494, 105
383, 191
110, 914

510, 680
398, 777
111, 903

492, 272
387, 596
104, 676

490, 117
386, 241
103, 87fT

405, 319
327, 815
78, 845

402, 956
323, 493
79, 463

78
78
77
103

84
85
80
96

86
86
85
90

82
83
79
83

82
83
79
81

74
72
80
92

72
69
80
87

0.0
0.0
0.0
-2.4

+13.9
+20.3
-1.2
-6.9

96,056
17, 753

86, 037
21, 457

101, 845
22, 194

98, 394
24, 642

95, 224
26,040

81, 782
19, 635

94, 309
18, 944

-3.2
+5.7

2, 672

2,395

3,981

5,609

5,522

5,561

5,212

177
183
209.4
203
100. 30

175
180
210.4
204
98.41

176
181
207.8
204
98.51

176
181
203 4
204
97.90

177
182
205.2
203
98.16

179
184
206. 4
197
100. 76

204
212
197
201

204
213
197
201

204
213
197
201

204
214
197
201

204
214
197
201

203
212
197
200

17, 725

15, 155 -14.5

638, 410
626, 135
.....:..

3,533,584

3, 473, 435

Paper Board Shipping Boxes
Production:
Total
..thous. of sq. ft..
Corrugatedthous. of sq. ft
Solid
fiber
thous. of sq. ft__
Operating activity:
Total
per cent of normal
Corrugated
per cent of normal
Solid
fiber
per cent of normal
Rope paper sacks, shipments. .index number..
Abrasive paper and cloth :
Domestic shipments
reams..
Foreign shipments
reams

-0.4 +21.6
-0.3 +19.4
-0.8 +30.7

1, 983, 441
1, 553, 853
380, 929

2, 438, 346 +22.9
1, 907, 826 +22.8
530, 520 +39.3

+1.0
+37.5

437, 436
92, 418

477, 556 +9.2
112, 086 +21.3

-1.6

+5.9

19, 531

177
183
207.1
197
101. 11

+0.6
+0.6
+0.9
-0.5
+0.3

0.0
—0 5
-0.9
+3.0
-2.9

203
212
197
200

0.0
O.C

+0.5
+0.9
0.0
+0.5

BUILDING CONSTRUCTION AND
HOUSING
Rental advertisements, Minneapolis .number..
Building Costs
Building materials:
Frame house 6-rm 1st of mo rel to 1913
Brick house, 6-rm. 1st of mo_._rel. to 1913..
Bldg costs 1st of mo
rel to 1913
Bldg. costs (A. G. C.), 1st of mo. ..rel. to 1913..
Plumbing fixtures 6 pieces
dollars
Construction costs (Am. Appraisal):
Frame
rel. to 1913
Brick, wood frame
rel to 1913
Brick steel frame
rel to 1913
Reinforced concrete
rel. to 1913. _
3 Revised.




o.c
O.C

20, 179

+3.3

33

TREND OF BUSINESS MOVEMENTS—Continued
1929
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"

January

February

March

PEE CENT INCREASE (+) OR
DECREASE (— )

1938

April

May

April

May

May,
1929,
from
April,
1929

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1938

1939

Perct,
increase
(+)
or decrease
(-)
cumulative
1929
from
1928

BUILDING CONSTRUCTION AND
HOUSING— Continued
Contracts and Losses
Contracts awarded (36 States) :
Commercial buildings
thous. of sq. ft._
Industrial buildings
thous. of sq. ft._
Residential buildings
_ thous. of sq. ft..
Educational buildings
thous. of sq. ft..
Other public and semipublic buildings
_ -thous. of sq. ft__
Grand total
thous. of sq. ft..
Contracts awarded, value (36 States):
Commerical buildings
.thous of dolls .
Industrial buildings
thous of dolls
Residential buildings
thous. of dolls..
Educational buildings.
thous. of dolls..
Other public and semipublic buildings
thous. of dolls. .
Public works and utilities. -thous. of dolls. .
Grand total
thous. of dolls..
Contracts awarded, Canada
thous. of dolls _.
Building volume (A. G. C.)
rel. to 1913..
Fire losses:
United States and Canada
(Journal of Commerce)... thous. of dolls..
Canada (Monetary Times).. thous. of dolls..

15, 250
7,085
27, 898
2,631

11, 077
7,892
25, 659
3,400

12, 204
9,342
39, 849
6,241

14, 506
6,844
49, 908
4,627

15, 789
10, 325
38, 740
6,050

13, 896
10, 834
55, 281
5,071

14, 316
6,020
56, 655
6,960

+8.8
+50.9
-22.4
+30.8

+10.3
+71.5
-31.6
-13.1

58, 925
33, 590
246, 582
23, 691

68, 826 +16.8
41, 488 +23.5
182, 054 -26. 2
22, 949 -3.1

2,863
56, 331

2,845
51, 696

5,191
73, 849

5,071
81, 407

5,866
77, 586

5,941
91, 222

6,063
91, 693

+15.7
-4.7

-3.2
-15.4

27, 199
392, 589

21, 836 -19.7
340, 869 -13.2

98, 644
60, 439
132, 862
17, 171

65, 926
52, 395
123, 757
22, 095

69,064
55,204
190, 146
36, 992

73, 527
67, 515
249, 896
28, 730

82, 681
79, 915
185, 658
36, 690

80, 514
83,208
269, 325
31, 829

87, 162
31, 627
280, 292
46, 073

+12.4
-5.1
+18. 4 +152.7
-25.7 -33.8
+27.7 -20.4

354, 711
229, 452
1, 235, 164
152, 243

389, 842 +9.9
315, 468 +37. 5
882, 319 -28.6
141, 678 -6.9

23,142
61, 811
394, 069
41,963
148

26, 470
49, 096
339, 739
28, 426
122

44, 843
67, 661
463, 911
27, 125
116

54, 962
148, 543
623, 174
43, 328
178

47, 387
132, 383
566, 010
64,860
211

45,900
113, 746
624, 523
56, 346
164

51, 503
144, 738
641, 395
70, 684
185

-13.8
-10.9
-9.2
+49.7
+18.5

-8.0
-8.5
-11.8
-8.2
+14.1

230, 947
490, 805
2, 693, 323
196, 331

196,804 -14.8
459, 494 -6.4
2, 386, 903 -11.4
205, 702 +4.8

36, 225
2,664

26, 872
3,078

29, 662
2,453

22, 647
1,972

21, 637
2,551

25, 981
2,101

23,202
2,860

-4.5
+29.4

-6.7
-10.8

163, 926
11, 681

137, 043 -16.4
12, 718 +8.9

421, 911 440,306
414, 166
99
87
99
447, 083
489, 100
409, 616
464, 896
420, 169
388, 317
985, 877 1, 160, 433 1, 101, 740
399, 489 349, 362
320, 351
75, 054
59, 384
53, 952
21, 081
10, 722
13, 771
35.74
35.88
37.00

+1.2
-1.1
-5.3
-5.0
+0.5
-6.2
-13.0
+4.5
-0.9

-5.9
-12.1
-16.3
-7.6
-10.5
-8.3
-20.9
-49.9
+3.1

2, 165, 805

2, 014, 487

2, 261, 700
2, 287, 112

2, 007, 560 -11.2
2, 041, 300 -10.7

308, 876
85, 055

304, 297 -1.5
44, 325 -47.9

+44.2
-61.3
-0.7

+33.1
-61.7
+13.1

318, 954
193, 952

379, 966 +19.1
236, 737 +22.1

213, 829
199, 340
207, 470

193, 521
189, 308
208, 161

-9.5
-5.0
+0.3

392, 527
474, 589

396, 623
516, 829

+1.0
+8.9

424, 589

483, 636 +13.9

LUMBER PRODUCTS
Softwood Lumber
Southern pine:
Production (computed)
M ft. b. rn._
425, 009 373, 118 392, 771
Operation
per cent of full time-87
85
83
Shipments (computed).
M ft. b. m__
398, 047 357, 918 409, 229
New orders (computed)
_ _ M ft. b. m._
417, 700 382, 654
443, 936
Stocks, end of mo. (computed) _M ft. b. m__ 1, 005, 916 1, 021, 116 1, 004, 658
Unfilled orders,end mo.(comp.).M ft. b. m.. 306, 168 330, 904 365, 611
Exports, lumber
M ft. b. m._
61, 693
57, 815
57, 116
Exports, timber
M ft. b. m__
11, 507
5,580
6,255
Price,
flooring
dolls, per M ft. b. m__
36.55
31.89
37.55
Douglas fir:
Exports, lumber
M ft. b. m
84, 299
57, 167
77, 443
Exports, timber
.
M ft. b. m
59, 984
36, 999
56, 238
Price, No. 1 common .dolls, per M ft. b. m__
17.77
18.43
19.15
Price,flooring,1x4, " B "
and better, V. G-dolls. per M ft. b. m..
44.44
40.85
42.26
California redwood:
Production (computed)
M ft. b. m _ _
29,560
32, 789
43, 797
Shipments (computed)
M ft. b. m__
30, 944
42, 315
31, 000
New orders (computed)
M ft. b. m_.
34, 801
47, 059
33, 430
Unfilled orders, end of month
(computed)
M ft. b. m__
35, 756
37, 686
37, 898
California white pine:
Production
_ ._
M ft. b. m
69,930
44, 382
67, 401
Shipments
M ft. b. m
100, 633
102, 908
97, 671
Stocks, end of month
__.M ft. b. m__
535, 998 483, 998 437, 089
New orders
M ft. b. m_.
95, 905
84, 899
95, 848
Unfilled orders, end of month.M ft. b. m..
176, 506
168, 766
161, 865
North Carolina pine:
Production (computed)
M ft. b. m__
45, 143
65, 506
71, 610
Shipments (computed)
M ft. b. m__
38, 976
60, 347
67, 543
New orders
M ft. b. m._
48, 440
74, 200
83, 300
Northern pine:
LumberProduction
]VI ft b m
23, 818
22, 054
22, 654
Shipments
M ft. b. m
33, 167
32, 302
40, 159
New orders
M'ft. b m
35, 363
39, 732
29, 398
LathProduction
thousands
4,692
2,986
2,938
Shipments
thousands ..
6,952
5,185
7,316
Northern hemlock:
Production
M ft. b. m
18, 877
14, 802
14, 876
Shipments.
M ft. b. m
9,855
9,814
13,020

409, 423
88
432, 754
408, 793
981, 327
341, 650
68,289
10, 261
37.35
65, 953
60, 207
18. 76

95, 104
23, 309
18.89

58, 862
43, 226
15.99

71, 427
60, 797
16.70

-7.0

42.60

42.95

33.97

34.47

+0.8

+24.6

39,292
36, 307
43, 363

48, 083
48, 742
49, 507

38, 489
38, 820
36, 741

41,400
47, 772
49, 351

+22.4
+34.2
+14.2

+16.1
+2.0
+0.3

45, 871

45, 062

47, 916

47, 281

-1.8

-4.7

87, 238
106, 018
427, 396
101, 387
195, 268

127, 672
109, 599
442, 929
105, 597
143, 950

97, 096
98, 924
493, 696
83, 965
167, 582

134, 273
107, 267
473, 560
102, 659
164, 921

+46.3
+3.4
+3.5
+4.2
-26.3

-4.9
+2.2
-6.5
+2.9
-12.7

64, 841
57, 029
80, 710

61, 243
65, 954

57, 155
62, 978
64, 610

60, 039
62, 125
55, 790

-5.5
+15.6

+2.0
+6.2

256, 053
263, 745
265, 410

308, 343 +20.4
289, 849 +9.9

42, 363
44, 043
44, 379

56, 031
47, 541
37, 478

36, 412
37, 914
35, 926

45,687
44, 152
35, 974

+32.3
+7.9
-15.6

+22.6
+7.7
+4.2

182, 893
186. 575
179, 929

166, 920
197, 212
186, 350

7,722
8,003

10,001
9,632

6,184
5,927

9,967
9,316

+29.5
+20.4

+0.3
+3.4

34, 335
35, 745

28, ?39 -17.5
37, 088 +3.8

13, 112
12, 625

14, 488
14, 247

14, 871
16, 153

22,004
20, 410

+10.5
+12.8

-34.2
-30.2

79, 749
66, 823

76, 155 -4.5
59, 561 -10.9

3,724
4,003
10, 540
4,078
7,126

4,508
3,823
11, 970
4,120
7,563

2,955
2,646
13, 635
2,652
4,491

2,894
3,388
13, 264
4,180
5,540

+21.1 +55.8
-4.5 +12.8
-9.8
+13.6
-1.4
+1.0
+6.1 +36.5

14, 765
14, 525

16, 979 +15.0
18, 348 +26.3

15, 102

19, 271 +27. 6

-8.7
+5.7
+3.6

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 ft log measure
Stocks, end of month. _ _ M ft. log measure..
Northern hardwoods:
Production
_M ft. b. m__
Shipments
M ft. b. m__




2,974
3,163
12, 305
3,307
5,664

2,780
3,433
11, 654
3,662
5,833

2,993
3,926
10, 711
4,104
6,804

2,285

2,021

2,213

2,899

3,735

2,402

2,972

+28.8

+25.7

11,945

12, 284

+2.8

2,538
1,557

2,126
1,261

2,539
1,048

2,799
1,152

3,005
1,897

2,678
2,806

2,769
3,009

+7.4
+64.7

+8.5
-37.0

13, 153

13,007

-1.1

37, 916
29, 093

44, 370
30, 515

42,865
32, 605

29, 755
26, 755

30, 885
23,818

38,404
28, 491

33, 193
28,827

+3.8
-11.0

-7.0
-17.4

195, 273
137, 367

185, 791
142. 786

-4.9
+3.9

34

TREND OF BUSINESS MOVEMENTS—Continued
1929

The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"
January

February

PER CENT INCREASE (+) OR
DECREASE (— )

1938

March

May

April

May

April

i

May,
1929,
from
April,
1929

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1938

1939

Per ct.
increase
(+)
or decrease
(-)
| cumulative
| 1929
1 from
! 1928

LUMBER PRODUCTS— Continued
Hardwood Lumber— Continued
Lower
v Michigan hardwoods:
2
roduction._
M ft. b. m._
8,625
' 34, 930
9,116
24, 449
6,795
6,237
5,456
5,961
2
Shipments
. . M ft. b. m
6, 548
7,277
2 28, 314
6,732
4,950
22, 958
6,223
5, 053
Stocks, end of month..
..M ft. b. m..
29, 784
SO, 925
27, 443
27, 126
28, 286
26, 912
Oum:
Stocks, total, end of month. .mill. ft. b. m._
547
540
489
-0.9 -14.1
464
504
468
516
Stocks, unsold, end of month.mill. ft. b. m__
428
420
+3.1 -21.9
332
369
344
318
328
Unfilled orders, end of month-mill, ft. b. m._
119
123
-9.9 +10.6
157
147
151
160
136
Oak:
Stocks, total, end of month.. mill. ft. b. m._
1,020
919
1,005
-8.7
914
+1.0
909
918
930
Stocks, unsold, end of month.mill. ft. b. m._
871
844
+1.2 -11.4
751
739
748
757
751
Unfilled orders, end of month.mill. ft. b. m._
149
162
-0.6 +4.9
163
169
167
173
170
All hardwoods:
Production
mill. ft. b. m._
252
244
1,355
319
-7.2 +21.3
319
296
308
1,557
315
251
Shipments ,
mill. ft. b. m..
255 -11.2
+14.9
1, 331
319
341
293
293
1,576
330
263
New orders
mill. ft. b. m..
244
1,388
334
319
-3.7
+27.5
1,621
311
334
323
2,839
Stocks, total, end of month.. mill. ft. b. m__
2,843
-1.2
-7.2
2,707
2,717
2,672
2,670
2,638
2,319
Stocks, unsold, end of month.mill. ft. b. m._
2,305
+1.7 -12.6
2,024
2,057
1,982
2,015
2,102
Unfilled orders, end of month.mill. ft. b. m__
520
538
617
-4.8 +14.7
648
651
615
648
Production 10 species
M f t b. m 1, 973, 102 1, 875, 385 2, 127, 346 32,184,890 2, 367, 542 2, 392, 894 2, 474, 885
+8.4
-4.3 11, 541, 922 10, 528, 265
179, 352
223, 649
Exports planks joists, etc
M ft. b. m
+9.1 -1.6
987, 596 1, 040, 867
200,790
201, 858
220, 153
177, 682
240, 384
Retail yards, Minneapolis district:
3 14, 323 +27.4
Sales
M ft. b. m
14, 111
9,438
-1.5
39, 893
6,564
3,285
5,489
40,525
11, 076
93, 983
92,064
Stocks, end of month
... M ft. b. m._
+1.0 —1.7
88,605
90,474
89, 615
86, 453
79,400
i
Retail yards, Kansas City district:
5,802
6,140 I
27, 945
28,324
6,682
-8.2 +8.8
6,622
3,411
Sales
Mft. b. m__
7,276
4,333
45, 919
44, 758
-0.8 +7.3
Stocks, end of month
M ft. b. m._
47, 564
48, 447
48, 038
46, 217
45, 364
Flooring
Maple flooring:
7,331
37, 128
7,070
-2.3 -20.4
5,625
Production
M ft. b. m
32, 971
6,794
5,759
7,022
7,771
7,545
8,256
-9.7 -17.1
38,126
31, 739
6,141
6,848
6,053
7,583
5,114
Shipments
M ft. b. m..
28,326
27, 514
-9.1 -19.2
Stocks, end of month
_.M ft. b. m__
25, 494
24, 443
22, 230
25, 466
24,733
7,036
9,197 -26.5 -31.1
39, 317
New orders
M ft. b. m__
6,336
8,317
35, 872
6,604
8,616
5,999
9,963
11,423
-1.7
+14.7
13, 104
Unfilled orders, end of month.. M ft. b. m__
13, 337
10, 443
8,019
11,106
Oak flooring:
42, 924
47, 785 +13. 1 -13.5
207, 699
41, 353
Production
-. .- M ft. b. m__
24, 865
41,204
172, 497
28, 497
36, 578
46, 105
50, 256
222, 272! 184, 847
-0.7 -17.3
41, 558
41, 837
31, 999
Shipments.
M ft. b. m__
40, 902
28, 551
77,
491
75,
948
-2.3
-2.5
74,
013
Stocks end of month
M ft. b. m
80,603
75,
744
91,
987
97,000
46, 071
50,295 -15.7 -32.6
33, 909
235, 232
40,244
188, 292
52, 642
New orders
M ft. b. m._
31, 761
29,736
48,004
48, 681 -16.6 +18.1
57, 496
54,644
45,666
Unfilled orders, end of month.. M ft. b. m._
68,925
44, 626

-30.0
-18.9

+14.9
+18.4
+16.8

-8.8
+5.4
+1.6
+1.4

-11.2
-16.8

-8.8
-16.9
-16.8
-20.0

Doors at Wholesale
ITlr, manufacturing plants:
Production
Shipments
Stocks, end of month....
New orders
. . .Unfilled orders, end of month

number
.number..
number..
.number.
number..

371, 162
357, 900 .
262, 431
217,204
222, 746
476, 630
476, 215

317, 109
709,500

+20.0
+24.6
-16.5 -31.5
-36.3
-24.7 -32.9

57, 605
38, 713

44, 347
25, 439

43,203
27, 763

+0.9 +33.3
+18.1 +39.4

34
18
19

60
49
23

30
19
20

42
14.0
94.0

43
40
890

47
12.0
90.0

11, 655
11,406
14, 084

15, 652
15,906
14,342

19, 105

17, 222

—9.9

5,306

5,185

-2.3

253,005
268, 826
216, 207
311, 347
219,981

222, 495
235, 139
210, 186
398, 587
409,034

298, 206
275, 775
232, 170
460, 074
585, 652

309, 192
287, 222
260,160
349, 579
632, 744

51, 553
58,756

56,778
51, 676

64, 527
40,469

57, 081
32, 776

40
24
24

36
23
23

37
27
24

56
10.0
97.0

52
9.0
95.0

49
6.0
93.0

Wooden Furniture
Household furniture and case goods:
Shipments
dolls., average per firm
Unfilled orders
dolls., average per firm..
Grand Rapids district:
Unfilled orders, end
of month
No of days' production
New orders
No of days' production
Shipments
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

39 +76.5
32 +172. 2
20 +21.1
46
7.0
90.0

241, 302

287. 544 +19.2

2 10, 078
2 11, 276

2 20, 146 +99.9
'16,966 +50.5

606
834

985 +62.5
1,291 +54.8

» 719, 950
a 595, 314

» 682, 387 -5.2
» 484, 512 -18.6

+53.8
+53.1
+15.0

+2.4 -6.5
-71.4
-42.9
-5.3 -1.1

Plywood and Veneer
Douglas-fir plywood:
10, 244
12, 743
Production
thous. of sq. ft. of surface..
11,823
13,530
13,295
11, 366
Shipments
thous. of sq. ft. of surface..
13, 357
16, 030
New orders (sales) .thous.ofsq.ft.of surface..
20,529
Unfilled orders,
10, 606
9,001
16,904
end of month.thous. of sq. ft. of surface. .
Stocks, end of
6,194
7,316
4,722
month
thous. of sq. ft of surface
Other plywood:
3,426
5,339
5,428
New orders
thous. of sq. ft of surface
3,746
4,876
4,277
Shipments
thous. of sq. ft. of surface. .
Unfilled orders,
6,190
5,791
6,053
end of month.thous. of sq. ft. of surface..
Rotary-cut veneer:
140
175
143
Receipts. „
, .number of carloads
186
241
451
Pijrch^-ses
number of carloads
Bushel baskets:
Production
dozens.. 135,090 134,581 187,881
68,655
140, 205
Shipments..
dozens.. 126, 602
Stocks, end of month
dozens.. 331,992 394, 453 480, 769
3
Cumulative through Apr. 30.




5,953
4,067
7,237

307
256
224,835
149, 055
565, 598

220
157

+34.3
+39 5
+1.8...

2,450
2,680

3,350
2,578

2,582

3,154

173
185

165
229

186, 244
152,876
537,033

261, 355
198, 592
609,882

-28.3 +33. 3
-38.7 -31.4

»Revised.

35

TREND OF BUSINESS MOVEMENTS—Continued
1939
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"
January

February

March

PER CENT INCREASE (+) OR
DECREASE (— )

1938

April

May

April

May

May,
1929,
from
April,
1929

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1928

1939

Per ct.
increase
(+)
or decrease
(-)
cumulative
1929
from
1928

STONE, CLAY, AND GLASS
PRODUCTS
Clay Products
Pace brick, averages per plant:
Production
..thousands..
Shipments
thousands
Stocks, end of month
..thousands..
Unfilled orders, end of month.. thousands..
Common brick:
Stocks, end of month —
Burned
..
thousands
Unburned ..
thousands
Shipments
thousands
Unfilled orders, end of month. .thousands..
Plants closed down
..
number..
Price, red, New York
dolls, per thous..
Porcelain plumbing fixtures:
Net new orders
pieces..
Shipments
pieces. _
Unfilled orders, end of month
pieces
Stocks, end of month.. _
pieces..
"Vitreous china plumbing fixtures:
New orders
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..
Terra cotta, new orders:
Quantity
- net tons
Value
.
thous. of dolls
Sand-lime brick:
Production
thousands
Shipments by rail
thousands
Shipments by trucks _ .
thousands
Stocks, end of month
thousands ..
Unfilled orders, end of month.. thousands..

810
559
3,417
910

493
362
3,896
884

732
766
3,278
987

913
1,018
3,465
1,117

622
768
2,757
958

796
925
2,517
942

517, 120
241, 887
115,924
136, 014
79
11.50

366, 150
184, 620
74, 537
91, 615
82
11.50

341, 843
171, 545
76, 364
102, 389
36
11.50

315, 607
153, 168
284, 793
207, 649
19
11.50

11.50

344. 572
96, 998
236, 433
275, 872
23
13.50

297, 212
125, 650
225, 747
273, 743
5
13.50

3 12, 565
3
11, 57b
3
34, 864
3 44, 688

« 312, 381
9, 219
3
36, 798
3 45, 769

3 14, 479
3 9, 483
3 40, 047
3 46, 980

3 13, 417
3 12, 193
3 37, 184
3 47, 315

8,970
10, 059
35, 045
48, 228

60, 022
17, 037
96, 125
48, 831

26, 775
15, 459
103, 131
50, 819

3 485, 657 3 207, 681 33 205, 870
3 253, 235 3 256, 249 251, 920
3 637, 996 3 589, 428 a 543, 378
3 540, 639 3 549, 410 3 544, 899

199, 242
254, 661
487, 959
543, 843

238, 169
291, 130
569, 254
445, 752

3 227, 050
3 261, 102
3 405, 574
3 570, 749

5,712
4,299
1,701
16, 010

5,601
4,373
1,669
17, 490

6,162
5,250
2,044
18, 140

6,560
6,156
2,315
18, 630

10, 056
1,090

11, 270
1,196

9,961
1,172

12, 949
1,472

10, 548
1,674
6,206
16, 082
7,253

7,432
2,955
5,942
16, 974
10,665

11, 433
3,945
9,498
14, 256
12, 630

9,881
46.5
26, 797
9,642
5,707
1.650

8,522
44.8
29, 870
12, 436
5,448
1.650

3,066
3,228

2

0.0

722, 562

-14.8

-33.1 -66.5
-17.5 -34.9
-5.8 -66.0
+1.9 -5.1

160, 573
69, 783

234, 560 1 -3.2 -15.1
288, 238 ! +1.1 -11.6
515, 576 -10.2 -5.4
-0.2 +21.5
447, 596

1, 595, 599
1, 402, 147

5,237
5,688
2,060
13, 577

5,729
5,914
2,215
14, 431

13, 313
1,487

12, 226
1,153

10, 857
1,113

16, 155
4,359
13, 580
14,236
11, 587

12, 970
5,658
13, 107
10, 561
9,188

10, 012
4,829
9,182
15, 121
14,123

22, 244
7,752
18,229
12, 159
14, 445

-19.7
+29.8
-3.5
-25.8
-20.7

9,969
47.4
29, 724
14, 948
10, 113
1.650

3 13, 750
67.1
3 30, 151
3 15, 472
3 13, 325
1.650

16, 151
76.4
29,599
14, 905
16, 706
1.650

13, 468
70.0
27, 627
15, 002
13, 307
1.683

2 551, 618 -23.7

61, 812 -61.5
52, 530 -24.7
1, 375, 500 -13.8
1, 277, 167 -8.9

25, 692
25, 221
9,585

+2.8 +22.6
+1.0 +33.6

60,780
5,709

57, 549 -5.3
6,417 +12.4

-41.7
-27.0
-28.1
-13.1
-36.4

73,029
25, 537
50,030

58, 538 -19.8
18, 591 -27.2
48, 333 -3-4

17, 308
86.6
25,984
14,329
18, 986
1.683

+17.5 -6.7
+13.9 -11.8
-1.8 +13.9
-3.7 +4.0 i
+25.4 -12.0 1
0.0 -2.0

59,564

58, 273

-2.2

"""•
55, 532

51, 299

-7.6

Portland Cement
Production
thous. of bbls_.
Operation
per ct. of capacity..
Stocks, end of month
thous. of bbls_.
Stocks, clinker, end of month.. .thous. of bbls..
Shipments
thous. of bbls..
Wholesale prices, composite
dolls, per bbl..
Highways
Concrete pavements, new contracts:
Total.
thous. of sq. yds..
Road
thous. of sq. yds..
Federal-aid highways:
Completed—
Cost
thous. of dolls..
Distance
miles..
Under construction, end of month -.miles.,

7,461
6,089

3,241
1,689

6,000
2,826

16, 654
12, 315

23,704
17, 518

17, 788
12, 722

20, 695
13, 246

+42.3 +14.5
+42.2 +32.3

64,290
44, 432

57, 060 -11.2
40, 437 -9.0

16, 057
557
7,835

13, 188
373
7,679

4,570
151
7,665

7,410
211
7,707

10, 309
335
7,900

6,579
269
8,347

16, 706
735
8,967

+39.1 -38.3
+58.8 -54.4
+2.5 -11.9

53,633
2,197
42, 393

51, 534 -3-9
1,627 -25.9
38, 786 -8.5

Plate Glass
Production, polished
thous. of sq. ft_.

11, 426

11,289

13, 146

12, 555

12, 782

10, 560

10, 882

+1.8

+17.5

52, 907

61, 196 +15

2,367
73.6
3,089
2,435
6,460
9,306

2,261
76.1
2,797
2,139
6,552
10, 749

2,574
78.8
2,562
2,530
6, 595
10, 518

2,519
79.1
2,408
2,546
6,588
10, 214

2,683
79.1
2,584
2,657
6,601
9,859

2,421
84.3
1,965
2,491
6,239
10, 705

2,688
86.7
2,137
2,729
6,192
10, 076

+6.5 -0.2
0.0 -8.8
+7.3 +20.9
+4.4 -2.6
+0.2 +6.6
-3.5 -2.2

11, 971

12, 404

+3.6

12, 783
11, 937

13, 440
12, 307

+5.1
+3.1

3,950
49.0
41.2
39.9

2,974
42.6
42.8
42.5

3,256
42.9
46.8
41.8

3,285
42.9
45.3
44.9

3,884
46.8
48.1
42.2!

3,243
41.8
42.4
40.1

3,368
42.1
44.5
40.0

+18.2 +15.3
+9.1 +11.2
+6.2 +8.1
-6.0 +5.5

15, 369

17, 349 +12.9

1.3
5.3

1.0
5.8

1.1
5.5

1.1
5.3

1.4
5.8

1.1
3.7

1.1
3.7

+27.3 +27.3
+9.4 +56. 8

Chemicals
.Sulphuric acid:
Exports
thous. of Ibs.. 429, 264 626, 792
Price, wholesale
dolls, per 100 Ibs..
.78
.78
2
Cumulative through Apr. 30.

704, 726
.781

634, 959
.78

287, 306
.78

842, 460
.78

Glass Containers
Actual production:
Quantity
Relation to capacity
New orders
Shipments
Stocks, end of month
Unfilled orders, end of month

. gross
per cent..
gross
gross
gross..
gross..

Illuminating Glassware
Production:
Total
number of turns
Ratio to capacity
per ct. of capacity. _
New orders
per ct. of capacity-Shipments
per ct. of capacity. Unfilled orders, end
of month
number of weeks 'supply..
.Stocks, end mo
number of weeks' supply..
CHEMICALS AND OILS




515, 617 -54.8
0.0
.78
a Revised.

-44.3'

o.o;

3, 225, 346

2,683,047 -16.8

36

TREND OF BUSINESS MOVEMENTS—Continued
1939

The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"
January

February

March

PER CENT INCREASE (+) OR
DECREASE (— )

1928

April

May

April

May,
1929,

May

from
April,
1929

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1938

1939

Per ct.
increase.
(+)
or decrease.
(-)
cumulative
1929
from
1928

CHEMICALS AND OILS-Continued
Chemicals— Continued
Nitrate of soda:
Imports..
long tons..
83, 698 146, 304 101, 297 119, 620
Production in Chile _
metric tons
274, 500 255, 500 279, 100 272, 200
Potash salts:
Imports (commercial)
long tons
24, 724
21, 299
28, 489
22, 116
Production in France
(K2O content)
metric tons..
37, 512
42,393
39, 693
Sales in Germany
(KgO content)
-.metric tons.. 164, 736 144, 676 233,000 107, 588
Superphosphate (acid phosphate) :
Production
short tons
307, 300
282, 504 «286, 897
370, 231
Stocks, end of month
..short tons.. 2, 253, 708 2, 316, 451 1, 558, 588 3 831, 841
Shipments.. ..
short tons. . 122, 439 179, 023 414, 243 468, 200
Fertilizer:
Exports
-- long tons .
100, 508
99, 751
165, 551 3 136, 937
Consumption, Southern States.short tons.. 450,600 817, 489 2, 118, 688 1,242,330
Dyes and dyestuffs, exports:
Vegetable
thous. of lbs_.
92
160
157
Coal tar
thous. of lbs_.
26
58
2,305
Arsenic
Crude:
Production
short tons
1,382
1,136
1,307
Stocks, end of month
short tons..
2,451
3,019
2,782
2,418
Refined:
Production
short tons
836
913
900
945
Stocks, end of month
short tons..
3,316
3,571
3,643
3,458
Price index numbers:
Crude drugs
rel. to Aug., 1914..
187
195
195
194
Essential oils
rel. to Aug., 1914..
191
205
195
206
Drugs and
Pharmaceuticals
rel. to Aug., 1914..
164
164
164
164
Chemicals
rel. to 1913-14
113
113
113
113
Oils and fats
rel. to 1913-14..
123
128
127
126

113, 722
262, 400

+6.7
+1.6

+12.2
+5.4

637, 311
1, 250, 700

578, 564
1, 357, 900

-9.2
+8.6

28,137

12, 997

+15.9

+90.0

128, 784

121, 324

-5.8

28,600

32,000

67, 414

+3.5

127, 645
276, 600

131, 819
255, 100

24, 696

63,746

-28.1

+21.3

703, 030

727, 326

279, 978
828, 644
117, 170

3 322, 324 3 285, 639
3 900, 499 » 823, 843
382, 561 3 136, 387

-2.4
-0.4
-75.0

-2.0
+0.6
-14.1

1, 653, 581

1, 526, 910

-7.7

1, 294, 911

1,301,075

+0.5

114, 655
219, 763

127, 111
146, 480
862, 878 3 185, 025

-16.3
-82.3

-21.7
+18.8

550, 810
4, 973, 467

617, 402 +12.1
4, 848, 870 -2.5

77,326

202
27

296
1,788

160
1,898

+26.3 +26.3
+3.8

-98.6

1,461
9,984

799 -45.3
2,445 -75.5

1,888
2,073

1,098
1,863

1,225
1,876

+36.6

-15.4

+54.1
+10.5

6,157

6,975 +13.3

779
3,236

669
2,760

713
2,370

-6.8
-2.4

+9.3
+36.5

3, 565

4,373 +22.7

210
139

208
159

113
118

169
113
125

169
113
128

0.0
-4.1

0.0
-7.8

Wood Chemicals
Acetate of lime:
Production—
United States
.thous. of ibs
Canada
_
..thous. of Ibs .
ShipmentsUnited States
thous. ofl bs
Canada
thous. of lbs._
Stocks, end of monthUnited States
thous. of lbs__
Canada
.thous. of Ibs
Exports
thous. of Ibs
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..
Wood at chemical plants:
Consumptionunited States.
..
cords .
Canada
cords..
Stocks, end of monthUnited States
.
cords .
Canada
cords
Daily capacity—
Total
.
. . cords
Shutdown
cords..
Methanol, refined:
ProductionUnited States
gallons..
Canada
gallons..
Stocks, end of monthUnited States
gallons..
Canada
gallons..
ShipmentsUnited States
gallons..
Canada
gallons..
Price, wholesale, N. Y... . dolls, per gal

-1.1
+5.7

11, 687
1,263

11, 266
1,090

12, 082
1,150

3 11, 796
1,032

12,446
751

11, 693
944

10, 987
704

+5.5 +113.3
-27.2
+6.7

59, 939
5,001

59, 277
5,286

11, 266
1,214

10, 947
1,074

11,882
1,165

3

11, 986
1,066

12,335
723

13, 152
1,636

15, 386
684

+2.9
-32.2

-19.8
+5.7

60,195
4,145

58, 416 -3.0
5,243 +26. 5

1,543
174
42
4.50

1,765
189
16
4.50

1,930
172
17
4.50

1,495
96

20, 516
3,084
917
3.50

16,205
3,095
1,152
3.50

+22.3

+13.5
0.0
0.0

-88.7
-97.2
-98.9
+28.6

7,496

4.50

1,828
109
13
4.50

684, 766
52, 925

676, 672
46, 067

714, 266
51,303

3 732, 204
42, 183

730, 055
32, 614

657, 253
35, 768

609, 604
28,505

-0.3
-22.7

+19.8
+14.4

227, 458
28, 103

218, 563
272, 393
35, 693 • 30,003

s 185, 123
16, 597

224, 665
14, 322

323, 183
32, 773

299, 062
33, 357

+21.4
-13.7

-24. 9
-57.1

145, 093
48,495
43, 915

153, 423
47, 832
37, 213

147, 531
59, 623
28, 478

172, 755
66, 218
57, 134

262, 082 1, 120, 970
55, 934
65, 965
59,244
44, 602

909, 620
57, 270
98, 763

+51.7
-0.4
-21.9

71, 490
6,630

68, 367
5,824

73, 073
6,289

3 73, 084
5,244

76, 382
3,831

63, 973
4,664

59, 744
3,530

498, 301
72, 933

483, 721
74,100

456, 035
73, 976

487, 881
73, 496

524, 567
73, 095

515, 250
74, 749

3,336
372

3,336
414

3,336
404

3,336
463

3,336
417

494, 501
59,800

449, 800
47,700

494, 435
47,500

502, 010
35,300

503, 054
35 534

550, 702
38, 393

681, 815
36, 149

506,624
47,629
.58

466, 621
33, 623
.58

15, 282
13, 911
8,701

13,830
11,813
9,662

88 -98. 8

3, 316, 723
204, 543

3, 537, 963 +6.7
225, 092 +10.0

-71.2
+15.2
-54.8

275, 494

211, 342 -23.3

+4.5
-26.9

+27.8
+8.5

328, 659
25, 485

362, 396 +10.3
27, 818 +9.2

489, 388
74, 319

+7.5
—0.5

+7.2
— 1.6

3,275
263

3,266
299

0.0
-9.9

+39.5

423, 244
49,700

468, 446
46,000

557, 780
30,400

-15.7

-24.1

2, 354, 421
208,350

2,363,990 +0.4
240,000 +15.2

695, 180
48, 226

716, 762
43, 474

430, 298
47, 311

505, 299
55, 359

518,906
43, 885
.58

568, 118
14, 576
.58

472, 360
45, 274
.58

412, 597
39, 856
.46

492,081 -16.9
-4.0
14, 528 +210. 6 +211. 6
.46
0.0 +26.1

2, 264, 003
119, 650

2,532,629 +11.9
184, 987 +54.6

14, 858
13,090
10,424

14, 709
12,003
11, 723

15, 216
13, 812
12, 341

11,784
9,334
11, 267

+37.8

58, 147
47, 647

73, 895 +27.1
64,629 +35.6

3

+2.1

+40.8 +63.5
+3.1
-9.9

+41.8
—21 5

Ethyl Alcohol
Production.
thous. of gals..
Withdrawn for denaturization... thous. of gals..
Warehouse stock, end of month. thous. of gals..
> Revised*




11,043
10,468
10,904

+3.4
+15.1
+5.3

+31.9
+13.2

37

TREND OF BUSINESS MOVEMENTS—Continued
1939

PER CENT INCREASE (+) OR
DECREASE ( — )

1938

The cumulatives shown are through
May, except where otherwise noted.

Earlier data for items shown here may
be found on pages 27 to 138 of the

February, 1929, "Survey"

January

February

March

April

May

April

May

May,
1929,
from
April,
1929

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1928

1939

Perct.
increase
(+)
or
crease
(-)
cumulative
1929
from
1928

CHEMICALS AND OILS— Continued
1
!

Explosives
(Black powder, permissible, and other high
explosives)
Production
Shipments
New orders _
Stocks, end of month _ _

_

thous of Ibs
thous. of Ibs
thous. of Ibs
thous. of Ibs. _

33, 596
35, 576
35, 733
18, 071

35, 392
34, 322
32, 606
19, 151

34, 485
33, 168
32, 543
20, 366

36, 077
36, 458
34, 786
20, 119

37, 235
39, 474
37, 199
17, 989

32, 153
32, 095
30, 701
17, 647

32, 850
33, 511
32,163
16, 990

+3.2
+8.3
+6.9
-10.6

+13.3
+17.8
+15.7
+5.9

156, 506
158, 774
151, 605

176, 785 +13.0
178, 998 +12.7
172,867 +14.0

8,175
79, 837
.61

4,758
67, 956
.58

8,440
48, 396
.58

31, 610
52, 687
.54

43, 722
53, 536
.54

20, 765
45, 458
.58

39, 764
46, 741
.54

+38.3
+1.6
0.0

+10.0
+14 5
0.0

78, 485

96, 705 +23.2

45, 203
227, 409
8.87

29, 284
177, 232
8.30

37, 733
100, 722
7.86

100, 454
108, 335
7.41

137, 384
120, 665
7.58

67, 762
140, 805
8.54

118, 460
128, 789
8.15

+36.8
+11.4
+2.3

+16.0
—6 3
-7.0

283, 475

350, 058 +23.5

37, 765
120, 956

33, 152
126, 264

37, 361
128, 665

36, 150
124, 192

37, 708
115,870

34, 831
108, 394

36, 036
114, 160

+4.3
-6.7

+4.6
+1.5

168, 007

182, 136

Naval Stores
Turpentine (gum) :
Net receipts, southern ports.
barrels..
Stocks at port, end of month _ ..barrels
Price, southern, New York_.dolls. per gal_.
Rosin (gum):
Net receipts, southern ports
barrels..
Stocks at 3 ports, end of month . barrles
Price, 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...
gallons. .
Stocks, end of month
gallons..

7,347
7,869

6,436
7,648

7,059
6,773

6,917
5,356

6,855
4,503

6,052
10, 963

6,350
9,459

-0.9
-15.9

+8.0
-52.4

30, 465

238, 703
938, 737

204, 700
899, 181

235, 445
888, 915

212, 720
895, 099

219, 304
878, 784

240, 845
727,416

248, 606
768, 195

+3.1
-1.8

-11.8
+14.4

1,185,129

1,110,872

-6.3

Roofing
Roofing, felt:
Production, dry felt
Stocks, end of month, dry felt...

3 19, 833
3 4, 630

3 24, 271
a 3, 274

3 28, 153
3 3, 102

30, 177
2,907

27, 534
2,844

27. 521
2, 366

2 93, 867

2 102, 434

+9.1

2,884
74, 261
23, 474

3,637
80, 225
22, 209

2,608
85, 328
31, 587

s 1, 575
106, 331
29, 868

1,816
129, 285
34, 728

4,618
65, 152
11, 334

1,996
57, 049
21, 383

-9.0
+15.3
+21.6 +126. 6
+16.3 +62.4

34, 364
288, 061
82, 728

12, 520 -63.6
475, 330 +65.0
141, 857 +71.5

35, 164

35, 264

30, 842

30, 319

49, 260

23, 112

15, 076

+62.5 +226. 7

114,099

180, 849 +58.5

35,455

15, 221

15, 587

14,932

14, 603

12, 284

11,613

-2.2

+25.7

64,478

75, 798 +17. 6

29, 474
27, 847

28,943
32, 713

29, 718
28, 260

28, 704
27, 067

28, 357
29, 008

24, 291
22,800

23, 744
23,381

-1.2
+7.2

+19.4
+24.1

129, 152
127, 664

145, 196 +12.4
144, 895 +13.5

6,109

6,435

6, 826

7,259

7,225

6,487

6,489

-0.5

+11.3

33, 086

420, 026
748, 093
999, 136

161, 745
514, 032
646, 849

106, 052
364, 816
386, 986

40, 308
236, 246
191, 048

22,007
112, 421
100, 634

17, 017
165, 097
107, 844

7,846
65, 241
50,449

-45.4 +180. 5
-52.4 +72.3
•^47.3 +99 5

609, 817
1, 572, 321

750, 138 +23.0
1, 975, 608 +25.6

237, 127
141, 595

165, 872
125, 900

119, 825
106, 955

80, 474
80, 863

39,688
51, 284

57,429
84, 474

24,064
49, 207

-50.7
-36.6

+64.9
+4.2

515, 189

642, 986 +24.8

205, 804
511, 162
.103
2,283

167, 753
567, 279
.109
2,314

126, 859
584, 978
.108
2,387

101, 475
570, 889
.102
2,362

60,581
512, 118
.097
2,518

84, 027
516, 031
.099
" 2, 013

62,915
481, 749
.106
2,135

-40.3
-10.3
-4.9
+6.6

-3.7
+6.3
-8.5
+17.9

553, 341

662, 472 +19.7

10, 638

11,864 +11.5

337, 989
237, 067
34 135

235, 477
256, 982
27, Oil

167, 225
239, 050
23, 790

107, 296
225, 362
6,675

50, 278
191, 983
6,151

81, 369
84, 515
8,230

30, 526
59, 552
4,906

-53.1 +64.7
-14.8 +222. 4
+25.4
-7.9

723, 203

898, 265 +24.2

369
283
1,063

346
399
727

369
351
603

270
219
478

313
101
578

398
572
1,627

625
687
856

+15.9
-53.9
+20.9

-49.9
-85.3
-32.5

2,880
2,865

1,667 -42.1
1,353 -52.8

69
1,411

34
2,529

13
2,737

3,911

None.
2,518

25
1,718

24
2,156

0.0
-35.6

0.0
+16.8

271
7,990

123 -54.6
13, 106 +64.0

12, 782
.100

13, 214
.102

14, 602
.102

14, 237
.101

18, 005
.102

15, 079
.098

17, 245
.103

+26.5
+1.0

+4.4
-1.0

73, 986

24, 411
22, 859

23, 479
22, 117

19, 427
38, 874

16, 917
36, 028

12, 067
32, 501

21, 607
38, 582

16, 621
45, 331

-28.7
-9.8

-27.4
-28. 3

123, 371
235, 498

96, 301 -21.9
152, 379 -35.3

130, 063
125, 351
126, 503
188, 742
181, 676
184, 467
22, 537
28, 698
27, 220
16, 762
15, 192
16, 926
2
Cumulative through Apr. 30.

117, 079
167, 837
17, 472
15, 697

97, 962
142, 168
18, 637
23, 560

63, 625
129, 552
17, 949
14. 269

50, 381 -16.3
112, 054 -15.3
+6.7
25, 922
27, 912 +50.1
3 Revised,

+94.4
+26.9
-28.1
-15.6

116, 164
84, 119

114, 564
88, 137

tons..
tons..

+8.4

34, 614 +13.6

Fats and Oils
Total vegetable oils and copra:
Exports
thous. of Ibs
Imports
thous. of Ibs
Copra— imports
short tons
Copra or coconut oil:
Imports
thous. of'lbs
Consumption in
oleomargarine
thous. of Ibs..
Oleomargarine:
Production
..thous. of Ibs
Consumption
thous. of Ibs. .
Animal gluesShipments
thous. of lbs_.

33, 854

+2.3

Cottonseed

Cottonseed:
Receipts at mills
short tons
Consumption (crush).
short tons..
Stocks at mills, end of month... short tons..
Cottonseed oil, crude:
Production
thous. of Ibs
Stocks, end of month
thous. of Ibs
Cottonseed oil, refined:
Production..
thous. of lbs_.
Stocks, end of month
thous. of Ibs.
Price, yellow, prime, N. Y dolls, per Ib
Consumption in oleomarg thous. of lbs_.
Cottonseed cake and meal:
Production
short tons
Stocks, end of month
short tons..
Exports
short tons

106, 570

97, 762

-8.3

Flaxseed
Minneapolis and Duluth:
Receipts
thous of bushs
Shipments
. thous. of bushs
Stocks, end of month
thous. of bushs..
Mill receipts at DuluthSuperior
thous of bushs
Imports
- thous. of bushs
Linseed oil:
Shipments from Minneapolis .thous. of Ibs. _
Price, New York
dolls, per Ib
Linseed cake and meal:
Shipments from Minneapolis.thous. of lbs__
Exports
thous. of dolls..

72, 840

-1.5

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..




-1.4
+4.8

38

TREND OF BUSINESS MOVEMENTS—Continued
1929
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"

January

February

March

PER CENT INCREASE (+) OR
DECREASE (— )

1928

April

May

April

May

May,
1929,
from
April,
1929

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1928

1929

Peret,
increase
( }
or tdecrease
(-)
cumulative
1929
from
1928

FOODSTUFFS— Continued
Whea^Continued
Production, crop estimate:
Winter wheat
thous. of bushs..
Exports:
United StatesWheat only
thous. of bushs _
Including wheat flour.thous. of bushs. .
Canada —
Including wheat flour. thous. of bushs..
Prices:
No. 1, Northern spring,
Minneapolis
dolls, per bush _
No. 2 Red Winter,
St. Louis.
dolls, per bush..
No. 2 Hard Winter,
Kansas City—
dolls, per bush..

8

i 622, 148

578, 964

3,399
9,559

3,214
8,704

3,487
9,153

3,942
8,930

11, 741
15, 941

2,723
7,660

25, 030

19, 711

27, 566

10, 554

31, 155

11, 103

1.21

...,„

1.25

1.20

1.11

1.53

1.57

—7 5

—20 3

1.35

1.25

1.17

1.96

1.96

-6.4

-40.3

1.16

1.10

1.01

1.52

1.60

-8.2

-36.9

45, 767
7,794

41,292
7,286

42,004
7,455

3 39, 475
7,339

42, 740
7,998

39, 519
6,058

3 40, 449
7,138

+8.3
+9.0

10, 014
10,808
1,698
792, 580
58
9,229

9,026
10, 020
1,600
716, 899
60
8,986

9,207
10, 360
1,631
725, 848
54
9,101

38,636
9,938
1,606
3
683, 046
51
8,530

9,335
1, 749
741, 966
55

8,507
3 8, 712
9,661
9,960
1,541
1,314
698, 267 3 716, 029
51
50
8,064
9,515

7,580

7,400

7,400

7,700

7,600

6,700

6,300

-1.3

+20.6

1,369
933

1,220
998

1,259
1,413

1,108
720

933
907

1,097
609

845
886

-15.8
+26.0

+10.4
+2.4

6.34

6.81

6.67

6.41

6.12

8.11

8.49

-4.5

-27.9

5.52

5.73

5.72

5.58

5.21

7.56

7.63

-6.6

-31.7

12, 357
28, 012
39, 876
19, 838
8,364
.92

8,087
36,265
29,229
13, 951
8,719
.97

5,021
37,100
21, 562
13,461
7,085
.95

2,560
30,991
16, 433
17, 677
6,044
.91

1,050
15, 571
11,420
16, 276
6,338
.86

3,355
36, 056
19, 579
18, 849
8,285
1.03

1,186
27, 554
23, 708
23,454
6,921
1.07

59" 0
-49.8
-30.5
-7.9
+4.9
-5.5

-11.5
-43.5
-51.8
-30.6
-8.4
-19.6

9,919
16, 212
703
.52
824

9,562
16, 819
451
.53
925

8,535
14,071
513
.52
925

9,494
12,204
358
.50
776

10, 432
10,063
513
.46
900

12, 436
11,453
387
.65
846

14, 406
7,319
465
.69
887

+9.9
-17.5
+43.3
-8.0
+16.0

9,956

11, 710

12, 133

8,987

10,728

10,208

11,520

+19.4

3,970
8,932
2,277

4,960
9,293
3,244

3,891
8,459
2,209

3,450
6,849
1,862

3,264
6,022
1, 268

2,717
2,339
876

3,031
1,435
1,386

.60

.62

.59

.55

.55

1.01

1.04

1,045
5,973
197
1.04

1,119
6,239
126
1.12

914
36,725
97
1.08

U,064
36,632
32
1.00

M3,634
1,464
6,325
368
.90

1,186
5,051
366
1.27

8 41 766
1,593
1,696
3,345
1.32

25,093

20,613

16, 992

13, 741

19, 140

12, 644

15,006

+39.3

bbls.. 621, 096 591, 678 439, 439 429, 389 231, 893
620, 032 351, 607
(100 Ibs.).. 973, 256 816, 370 766, 365 745,097 714, 677
835, 992 909, 718
(100 Ibs )
146, 342 122, 455 116, 548 131,246 125, 528
205, 148 203, 261
(100 Ibs.).. 2, 515, 008 2,354,518 2,057,678 1, 763, 837 1, 311, 568 1, 957, 878 1, 455, 366
(100 Ibs.)..
504, 921 368, 378 428,450 378, 971 343, 168
392, 919 380, 725
(100 Ibs )
29, 251
21,356
18,647
76, 593
34,447
27, 452
15, 257

-46.0
-4.1
-4.4
-25.6
-9.4
-28.6

1.42
1.14

1.28

4,823 +197. 8 +143. 4
8,624 +78.5 +84.8
34, 268 +195. 2

18, 518
41, 670

25, 783 +39.2
52,287 +25.5

109, 640

114, 016

+4.0

+5.7
+12.0

209,718
34, 660

211, 278
37, 872

+0.7
+9.3

+8.1

+7.2

+8.9
+8.6
+7.8

+13.5
+3.6
+10.0

45,208
2 41, 008
7,515
3, 704, 241

-9.1

Wheat Flour
Grindings of wheat:
United States
thous. of bushs
Canada
thous. of bushs _
Production:
United States, actual _ _ thous. of bushs
United States, prorated
thous. of bbls_.
Canada
. thous. of bbls
Production, grain offal
thous. of Ibs . _
Capacity operated, flour mills
..per cent..
Consumption (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, Minn
dolls, per bbl_.
Winter, straights
Kansas City
dolls, per bbl__

2

36, 110

5,145
4,171

46, 218 +2.2
2 41, 126 +0.3
8,284 +10.2
3, 660, 339 -1.2
2 35, 846

-0.7

5,889 +14.5
4,971 +19.2

Corn
Exports, including meal
thous. of bushs
Visible supply, end of month_.thous. of bushs..
Receipts, principal markets ___thous. of bushs..
Shipments, prin. markets
thous. of bushs..
Grindings (starch, glucose)
thous. of bushs..
Price, No. 2, Chicago
dolls, per bush..

13, 996

29,075 +107. 7

164, 453
108, 961
41, 119

118, 520 -29.9
81,203 -25.5
36,550 -11.1

-27.6
+37.5
+10.3
-33.3
+1.5

62, 979

47, 942 -23.9

Oats
Receipts, principal markets ...thous. of bushs..
Visible supply, end of month.. thous. of bushs..
Exports, including meal...
thous. of bushs
Price, contract grades, Chi
dolls, per bush..
Grindings, Canada
thous. of bushs
Production, oatmeal and roiled
oats, Canada
thous. of Ibs

2,264

2,538 +12.1

4,539

4,350

-6.9

54, 531

53, 514

-1.9

-5.4
+7.7
-12.1 +319. 7
-31.9
-8.5

21, 658

19, 535

-9.8

-4.2

Barley
Receipts, principal markets.. .thous. of bushs..
Visible supply, end of month-.thous. of bushs..
Exports
thous. of bushs
Price, fair to good, malting,
Chicago
dolls, per bush__

6,082

10,860 +78.6

7, 568

5, 606 -25.9

5,001|

820 -83.6

+27.5

65, 004;

95, 579 +47.0

-34.0
-21.4
-38.2
-9.9
-9.9
-44.4

3, 572, 131
4, 730, 617
962, 106

2, 313, 495 -35.2
4, 015, 765 -15.1
642, 119 -33.3

1, 853, 921
212, 742

2,023,888 +9.2
161, 104 -24.3

-35.0
—7.5
17, 912!
Final estimate for 1928.

25, 318 +41. a

0.0

-47.1

Eye
Production, crop estimate
thous. of bushs..
Receipts, principal markets
thous. of bushs..
Visible supply, end of month.. thous. of bushs..
Exports, including
flour
thous. of bushs_.
Price, No. 2, Chicago
dolls, per bush..

-8.1
+37.6
-4.6 +272. 9
-89.0
-10.0 -31.8

Total Grains
Total grain exports, incl. flour.. thous. of bushs..
Bice
Southern paddy, receipts at mills
Shipments, total from mills.pockets
New Orleans
pockets
Stocks, end of month
..pockets
Exports
.pockets
Imports.
_ pockets

Other Crops
Apples:
Cold-storage holdings,
end of month
thous. of bbls..
Car-lot shipments
carloads 1
2 Cumulative through Apr. 30.




6,875
7,656

4,517
2,718
7,697
5,379
3
Revised.

1,257
2,918

391
1,378
2,322
1,668
As of June 1.

7

'602
1,803

-68.9
-42.8
8

39

TREND OF BUSINESS MOVEMENTS—Continued
1929

The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"
January

February

March

PER CENT INCREASE (+) OR
DECREASE (— )

1928

April

May

April

May

May,
1929,
from
April,
1929

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1938

1939

Per ctincrease
(+)
or decrease
(-)
cumulative
1929
from
1928

FOODSTUFFS— Continued
Other Crops— Continued
Potatoes, car-lot shipments..
Onions, car-lot shipments
Citrus fruits, car-lot shipments
Hay, all tame, receipts

.

carloads. .
carloads
carloads
tons..

100, 705 -4.4
13,231 -8.5
75, 945 +67.9
322, 983 +18.4

19,479
2,436
15, 226
65, 854

19, 868
1,791
13, 338
79, 449

22, 334
1,497
15, 144
75,490

19, 341
4,141
16, 713
57, 993

19,683
3,366
15, 524
44, 197

16, 851
2,993
8,893
46,628

22, 955
4,133
8,350
42, 955

+1.8
-18.7
-7.1
-23.8

-14.3
-18.6
+85.9
+2.9

105,311
14, 453
45, 229
272, 832

1,635
561
178
1,057

1,191
405
117
787

1,445
497
162
923

1,748
646
292
1,080

1, 653
678
289
979

1,684
640
254
1,013

1,799
682
283
1,120

-5.4
+5.0
-2.0
-9.4

-8.1
-0.6
+2.1
-12.6

8,235
3,056
1,138
5,114

419, 676
430, 985
1,119

328, 857
339, 194
1,273

371, 942 392, 784
389, 622 3 415, 184
1,614
1,073

392, 816
417, 699
1,293

361, 660 3 422, 917
380, 566 442, 363
1,052
1,165

0.0
+0.6
+20.5

-7.1
-5.6
+11.0

1, 920, 963
1, 991, 465
5,269

1, 906, 075 -0.8
1, 992, 684 +0.1
6,372 +20. 9

93,990

88, 771

81,607

3 0,714

57, 142

46, 194

37, 212

-19.2

+53.6

13.53
.240
.245

12.06
.209
.215

12. 84
.211
.217

13.88
.224
.225

13.44
.230
.231

13.34
.200
.222

13.18
.201
.229

-3.2
+2.7
+2.7

+2.0
+14.4
+0.9

5,061
1,864
47
3,194

3,922
1,502
49
2,406

3,378
1,365
72
2,015

3,545
1,273
73
2,258

3,375
1,299
54
2,083

3,483
1,385
65
2,078

3,723
1,296
66
2,420

-4.8
+2.0
-26.0
-7.8

-9.3
+0.2
-18.2
-13.9

22,418
8,100
361
14, 290

19, 281 -14.0
7,303 -9.8
295 -18.3
11, 956 -16.3

974,060
628,505
122, 577

770, 096
537, 342
93, 681

635, 791 655, 418
551, 810 3 559, 351
102, 276
89, 813

665, 985
622, 066
98,080

585,081 672,640
528, 669 3617,034
86, 159
85,201

+1.6
+11.2
+9.2

-1.0
+0.8
+15.1

4, 101, 144
3, 082, 762
496, 371

3, 701, 350
2,899,074
506, 427

978, 806
838, 280

944, 742
770, 878

921, 961 3923,558
742, 533 » 738, 810

871, 411 1, 133, 760 1, 105, 439
960, 672 919, 366
687, 723

-5.6
-6.9

-21.2
-25.2

213, 780
89, 932

164, 915
65, 924

133, 923
70, 572

+15.6

* 729, 569
342, 555

2 650, 571 -10.8
349, 764 +2.1

140, 526

173, 864

179, 428

9,10
.232
.121

10.13
.231
.123

11.39
.238
.125

1,876
837
188
1,040

1,543
683
115
839

1,526
699
122
835

9,124 +8.1
4,246 +8.6
853 +31.2
4,864 +7.7

45, 485
47, 139
4,009

38, 424
39,908
3,252

40, 888
41, 330
3,109

8.39
15.59

7.72
15.59

88, 678

91,363

Cattle and Beef
Cattle movements, primary markets:
Receipts
.
thousands
Shipments, total
thousands
Shipments, stocker and feeder ..thousands..
Local slaughter
thousands
Beef products:
Production, inspected
thous. of lbs__
Apparent consumption
thous. of lbs__
Exports.
thous. oflbs..
Cold-storage holdings,
end of month
thous of Ibs
Prices:
Cattle, corn-fed, Chicago.dolls. per 100 lbs._
Steer rounds No 2
dolls per Ib
Western dressed steers, N.Y-dolls. per lb__

7,672
2,787
1,038
4,826

-6.8
-8.8
-8.8
-5.6

Hogs and Pork
Hog movements, primary markets:
Receipts
thousands
Shipments, total
thousands
Shipments, stocker and feeder. .thousands..
Local slaughter
thousands
Pork products, total:
Production, inspected
.thous. oflbs..
Apparent consumption
thous. oflbs .
Exports.
..thous. oflbs..
Cold-storage holdings, end of month:
Total
thous. oflbs..
Fresh and cured
thous. oflbs
Lard:
Production*
thous. oflbs
Exports.
thous. oflbs..
Cold-storage holdings,
end of month
thous. oflbs
Prices:
Hogs, heavy, Chicago.. ..dolls, per 1001bs_.
Hams, smoked, Chicago
dolls, perlb..
Lard, prime contract N Y dolls per Ib

-9.7
-6.0
+2.0

137, 953
59, 144

64, 192

127, 075
56, 554

140, 414
55, 540

+8.5

184, 748

183, 688

173,088

186, 073

-0.6

-1.3

11.46
.248
.122

10.75
.249
.120

9.09
.201
.121

9.61
.206
.123

-6.2
+0.4
-1.6

+11.9
+20.9
-2.4

2,010
954
211
1,049

2,169
1,073
217
1,101

1,591
778
133
814

1,952
994
205
951

+7.9
+12.5
+2.8
+5.0

+11.1
+7.9
+5.9
+15.8

8,437
3,911
650
4,518

44, 575
46, 183
3 2, 533

46, 397
46,700
2,458

36,248
38, 149
1,828

38, 455
40, 135
1.276

+4.1
+1.1
-3.0

+20.7
+16.4
+92.6

207, 971
212, 819

215, 769
221,260

+3.7
+4.0

8.42
16.19

9.18
16.45

5.91
12.78

8.90
15.98

7.31
15.19

-35.6
-22.3

-19.2
-15.9

90, 129

3 88, 314

82, 099

70, 438

64, 846

-7.0

+26.6

Production, inspected
thous. oflbs.. 1, 439, 221 1, 137, 377 1, 048, 621 1, 092, 777 1, 105, 198 3 982, 989 31,134,012
Cold-storage holdings, end mo.. -thous. oflbs.. 1, 165, 483 1, 128, 128 1, 096, 806 31,085,119 1,013,110 1, 252, 220 1, 208, 773
Apparent consumption
thous. of Ibs
982, 762 31,020,718 1, 086, 465
947, 384 31,099,532
1, 106, 629 916, 444

+1.1
-6.6
+5.8

-2.5
-16.2
-1.2

6, 330, 077

5, 823, 194

5, 287, 046

5, 113, 018

-8. a
-3. a
+4.7

3

Sheep and Lambs
Sheep movement, primary market:
Receipts
thousands
Shipments, total
thousands
Shipments, stocker and feeder..thousands..
Local slaughter.
thousands
Lamb and mutton :
Production, inspected...
thous. of Ibs
Apparent consumption
thous. oflbs..
Cold-storage holdings,end mo.thous. oflbs
Prices:
Sheep, ewes, Chicago
dolls, per 100 Ibs..
Sheep, lambs, Chicago. ..dolls, per 100 Ibs..

8

Miscellaneous Meats
Cold-storage holdings, end mo_. -thous. of Ibs..
Total Meats

Poultry
Receipts at 5 markets
thous. oflbs
Cold-storage holdings, end mo_. .thous. oflbs..

30, 969
102, 380

20,672
89, 088

17, 116
68, 728

16, 846
s 52, 901

21, 440
41, 825

16,006
56, 832

17, 862
43, 872

+27.3
-20.9

+20.0
-4.7

102, 207

107, 043

15, 496
62, 375

24, 564
48, 347

27, 759
37, 707

29,042
31, 360

28, 631
30, 119

24,387
26, 473

27, 650
3 26, 513

-1.4
4. 0

+3.5
+13.6

113, 513

125, 492 +10.6

523, 761
205, 096

428, 399
73, 556

364, 414
89, 225

109, 690
49, 177

90, 775

116, 155
37, 231

154, 768
42, 117

+84.6 +115.5

102, 827
44, 925

97, 670 3 112, 378
41, 557
46, 186

126, 664
48, 707

226, 180
63, 259

113, 111
44, 721

148, 173
54, 427

+78.6
+29.9

24, 747
157, 457

5,532
11,910
143, 208 3 157, 670
.48
.50
' Revised.

3 5, 883
170, 745
.45

5,109
15, 952 +383. 2 +78.2
28, 428
829, 266
-1.1
203, 760
163, 257 205, 973 + 19.3
-2.2
.44
.45
.45
-2.2
* See table on p. 22 of the April, 1929, issue for earlier data.

Fish
Total catch, prin. ports
thous. of bbls..
Cold-storage holdings, 15th of ino.thous. of lbs__
Canned salmon:
Shipments, United States
cases
E xports, Canada.
cases

2 1, 001, 182 2 1, 426, 264 +42.5
507, 829 +17.8
431, 181

Butter
Production (factory)
thous. of lbs_.
Receipts, 5 markets
_ .thous. oflbs
Cold-storage holdings, creamery,
end of month
thous of Ibs
Apparent consumption
thous. oflbs
Wholesale price, New York
dolls, per Ib
2
Cumulative through Apr. 30.




.48

+52.6
+16.2

570, 929
228, 307

704, 869 +23.5
244, 634 +7.2
816, 698

-0.3

40

TREND OF BUSINESS MOVEMENTS—Continued
1939

The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"
January

February

March

PER CENT INCREASE (+) OR
DECREASE (— )

1938

April

May

April

May,
1929,
from
April,
1929

May

May,
1929,
from
May,
1928

CUMULATIVE
TOTAL
FROM JANUARY 1
THROUGH MAY 31

1928

1929

Per ct.
increase
(+)
or decrease
(-)
cumu.
lative
1929
from
1928

FOODSTUFFS— Continued
Cheese
Total, all varieties:
Production (factory)
thous of Ibs
Receipts, 5 markets.
thous. of Ibs..
Apparent consumption
thous. of Ibs. .
Cold-storage holdings,
end of month
thous. of Ibs __
Imports
-thous. of lbs__
Exports, United States
thous. of lbs_.
Exports Canada
thous of Ibs
American whole milk:
Cold-storage holdings,
end of month
thous of Ibs
Wholesale price, New York.. dolls, per lb..

21, 510
13, 781
40, 192

20, 796
13, 878
36, 450

23, 562
12, 261
34, 612

31, 105
12,331
39, 886

41,083
16, 751
40, 639

47, 883
15, 138
36, 670

51, 773
16, 254
38, 807

+32.1
+35.8
+1.9

-20.6
+3.1
+4.7

194, 064
74, 172
190. 993

74, 016
7,291
244
1,500

63, 968
5,687
194
714

58, 153
5,423
278
726

3 54, 618
5,553
242
804

61,041
6,183
204
1,692

41, 791

48, 990 +11.8
6,280 +11.3
303 -15.7
4,860 +110. 4

+24.6
-1.5
-32.7
-65.2

28, 918
1,221
10, Oil

57, 764
.25

49, 546
.24

45, 105
.24

3 42, 032
.24

47,600
.23

30, 207
.24

+13.2
-4.2

+29.6
-4.2

918

832

1,816

2,596

2,331

2,360

2,503

-10.2

248
48, 055

11
38, 250

559
34, 918

3 3, 952
3 51, 825

6,704
71, 540

4,515
51, 532

3 8, 168
67, 941

+69.6
+38.0

-17.9
+5.3

10, 393
6,271

8,463
5,826

8,677
6,633

12, 534
s 11, 312

22, 193
18, 261

18, 496
11, 757

22, 3G6
16, 716

+77.1
+61.4

-0.9
+9.2

5,339
2,925
3,432
6.18

3,227
2,669
3,486
6.18

3,841
2,799
4,510
6.18

7,984
4,012
3,643
6.13

17, 249
6,643
2,689
6.13

13, 169
6,453
2,700
5.83

18, 079 +116.0
8,400 +65.6
-26.2
3,279
0.0
5.83

-4.6
-20.9
-18.0
+5.1

137, 163
112, 430
6,021
4.58

116, 823
95, 925
6,606
4.58

111,868
87, 491
7,768
4.56

3126,314
89, 789
5,963
4.30

160, 348
116, 138
5,917
4.30

94, 338
72, 121
6,421
4.23

119, 210
95, 386
7,806
4.28

+26.9
+29.3
-0.8
0.0

+34.5
+21.8
-24.2
+0.5

108, 812

124, 757

147, 671

194, 810

257, 343

178, 725

220, 328

+32.1

13, 450
372
5,496

11, 525
488
4,907

14, 022
454
6,126

3 16, 659
3480
3 6, 019

22, 802
396
7,447

12, 156
303
6,037

15, 985
273
6,590

16,631
111, 129

15, 560
102, 039

18, 443
116, 025

18,002
110, 419

19, 381

17, 697
109, 613

28, 388

27, 025

31, 248

30, 960

35, 435

8,036

7,835

8,133

7,847

7,514

68,900
255, 768
332, 872
221, 334

101, 159
444, 157
380, 899
381, 067

124, 704
601, 727
505, 286
559, 993

143, 628
605, 003
502, 980
3 779, 091

50, 026
28, 042
8,243

63,778
37, 044
9,944

73, 231
49, 451
10, 159

.038
.050
.061
122

.037
.049
.060
120

.037
.048
.057
118

6,229

187
668

36, 716
.24

Eggs
Receipts 5 markets
thous. of cases _
Cold-storage holdings, end of month:
Case
thous of cases
Frozen
. thous. of Ibs. _
Milk
Condensed milk:
Total stocks, mfrs., end mo.—
Case goods
thous. of Ibs..
Bulk goods
thous. of Ibs..,
Unsold stocks, mfrs., end mo.—
Case goods
thous. of Ibs
B ulk goods
thous . of Ibs . .
Exports..
'....thous. of lbs_.
Wholesale price, New York.dolls. per case..
Evaporated milk:
Manufacturers ' stocks, end of mo.—
Total, case goods
-thous. of lbs__
Unsold, case goods
.-thous. of lbs_.
Exports
thous. of lijs.Wholesale price, New York.dolls. per case..
Production, condensed and
evaporated milk
thous. of Ibs..
Powdered milk:
Manufrs.' stocks, end mo
thous. of lbs__
Exports
thous. of Ibs .
Net new orders
thous. of lbs_.
Fluid milk:
ReceiptsBoston (includ. cream) . -thous. of qts_.
Greater New York
thous. of qts_.
Production—
Minneapolis, St. Paul.— thous. of lbs._
Consumption in manufacture
of oleomargarine
thous. of lbs_.
Sugar
Haw:
Imports—
From Hawaii, Porto Rico.. .long tons..
From foreign countries
long tons
Meltings, 8 ports.
long tons..
Stocks at refineries, end month. -long tons..
Refined:
Shipments, 2 ports
longtons..
Stocks 2 ports
-- long tons _
Exports, including maple
..long tons..
Prices:
Wholesale, 96° centrif., N. Y.dolls. perlb..
Wholesale granulated N Y dolls per Ib
Retail, granulated, N. Y
dolls, per lb._
Retail average, 51 cities-- .relative to 1913..
Cuban movement (raw):
Receipts at Cuban ports
..long tons..
Exports
long tons
Stocks, end of month .
long tons. _

638, 996
237, 350
457, 157

-

138, 056
69,002
191. 779

-28.9
-7.0
+0.4

30, 137 +4.2
1,162 -4.8
5,436 -45.7

9,079

8,493

-6.5

17, 150

17, 760

+3.6

37, 860

32, 275

+16.8

799, 395

833, 393

-17.5
+23.7

+45.1
+13.0

1,406
28, 350

17, 914
117, 558

+7.7

+ 8.2

27, 522

31, 949

+14.5

7,035

7,455

-4.2

134, 891
458, 183
409, 503
911, 055

164, 551
448, 326
409, 447
666, 061

158, 387
271, 492
378, 231
701, 624

87, 466
46, 341
9,265

73, 898
47, 158
. 8, 538

60, 571
42, 092
8,645

.037
.048
.056
116

.036
.049
.056
116

.045
.058
.064
129

-14.8

+4.3

2,190 +55.8
29,995 +5.8

+0.9
+0.4

87,241
437, 949

88,017
2 439, 612

+10.9

140, 583

153, 056

+8.9

+0.8

37, 559

39, 365

+4.8

-6.1
-24.3
-18.6
+16.9

-14.8
+68.8
+8.3
+29.8

702, 689
1, 710, 020
1, 873, 836

58, 371
43, 208
11, 869

-15.5
+1.8
— 7. 8

+26.6
+9.1
-28.1

277, 945

348, 399

+25.3

42, 405

46, 149

+8.8

.045
.059
.065
131

-2.7
+2.1
0.0
0.0

-20.0
-16.9
-13.8
-11.5

959, 318 1, 061, 472
809, 807
440, 821
586, 747
237, 507
468, 615
583, 906
510, 217
659, 501
447, 097
287, 561
947, 380 1, 296, 744 1, 509, 795 1, 439, 050 1, 325, 601 1, 263, 287

-45.6
-12.6
-4.7

+85.6
+77.4
+13.9

2, 975, 013
1, 857, 677

i

2

573, 282 -18.4
2, 364, 838 +38.3
2, 131, 540 +13.8

—
3, 910, 414 +31.4
2, 459, 589 +32.4

Candy
Sales by manufacturers

thous. of dolls..

26, 052

28, 045

29, 705

25, 917

27, 047

Coffee
Imports
..thous. of bags..
Visible supply:
World
'thous. of bags
United States
thous. of bags..
Receipts, total, Brazil
thous. of bags..
Clearances:
Total, Brazil, for world
thous. of bags..
Total, Brazil, for U. S
thous. of bags..
Price, Rio No. 7, Brazil grades .. -dolls, per lb._




2

1, 033

1,035

1,052

988

860

935

839

-13.0

+2.5

5,031

4,968

-1.3

5,038
732
1,139

5,022
849
1,126

4,983
822
1, 175

5,207
788
1,141

5,335
683
1,079

5,152
892
1,203

5,143
775
1,158

+2. 5
-13.31
-5. 4

+3. 7
-11.9
-6. 8

5,949

5,660

-4.9

1,176
678
.183

1,165
684
.184

1,041
501
.180

1,119
511
.176

971
503
.171

1,052
518
.154

1,306
649
.157

-13. 2
-1.6
-2. 8

-25. 7
-22.5
+8. 9

5,912
3,150

5,472
2,877

-7.4
-8.7

Cumulative through Apr. 30.

Revised.

41

TREND OF BUSINESS MOVEMENTS—Continued
1929
The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"

January

February

PER CENT INCREASE (+) OR
DECREASE (— )

1928

March

April

May

April

May

May,
1929,
from
April,
1929

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1928

1929

Perct.
increase
( }
or tdecrease
(-)
cumulative
1929
from
1928

FOODSTUFFS— Continued

Tea
Imports
.-thous. of Ibs
Stocks, United Kingd.,* end mo.thous. of lbs__
Price, Formosa, fine, New York__dolls. per lb_.

10, 073
251, 387
.322

6,802
253, 716
.330

5,470
259, 651
.330

5,418
251, 209

59, 863
15, 753
.1038

39, 993
28,236
.1083

35, 396
25, 041
.1088

17, 670
29, 182
.1044

32, 532

+5.4

4,755
195, 988
.325

-12.0

+0.3

.330

4,299
220, 474
.325

0.0

+1 5

12, 464
15, 394
.1031

14, 138
16, 750
.1475

19, 753
18, 604
.1500

-29.5
-47.2
-1.2

-36.9
—17 3
-31.3

+3.9
+16.2
+4.4

+5.7, 2, 365, 564 2, 479, 822 +4.8
+25. 61 40, 774, 678 47, 688, 900 +17.0
159, 216 -2.0
162, 538
+1.0,

4,769

30, 878

Cocoa
Shipments from the Gold Coast and
Nigeria, Africa.long tons
Imports
long tons
Spot price Accra New York
dolls

150, 923
86, 892

165, 386 +9.6
113, 606 +30.7

TOBACCO
Consumption (tax-paid withdrawals):
427, 716
Large cigars...
thousands
572, 413
541, 501
437, 476
459, 022
491, 305
550, 912
Small cigarettes
thousands 10, 160, 263 8, 062, 499 8, 689, 510 9, 608, 221 11, 168, 407 7, 511, 408 8, 891, 803
Manufac. tobacco and snuff__thous. of lbs__
33, 160
30, 602
33, 042
29,083
31,663
31, 950
33, 360
Exports:
45, 804
Unmanufactured
.
thous. of Ibs
39, 681
48, 703
39, 634
32, 753
42,007
30, 673
Cigarettes
thousands
1, 010, 368
926, 297
781, 118
799, 935
703, 045 1, 147, 089
805, 777
174, 751
441
154
Sales of loose-leaf , warehouses
thous. of Ibs. _
587
80, 574
25, 726
3,245
Price leaf Kentucky
dolls per 100 Ibs
11. 692
12. 735
11.643
22. 270
11. 783

-17.4 -17.5
-12.7 -10.0
-86.4 +186. 4
-0.8 +0.4

213, 208
4, 592, 243
205, 771

197, 567 -7.3
4, 245, 422 -7.6
284, 737 +38.4

TRANSPORTATION
River and Canal Cargo Traffic
Panama Canal:
13, 410
12,425
Total cargo traffic
thous. of long tons
2,859
2,474
2,744
2,720
2, 537
2,490
2,550
+1.9
-6.7
5,985
In American vessels. _. thous. of long tons..
5,557
1,206
1,154
1,162
1,218
1,138
1,229
1,194
+1.0 +3.8
3,779
3,694
In British vessels.
thous. of long tons
806
755
667
726
816
735
716
-8.1
-9.3
18, 336
9,298
Sault Ste. Marie canals... thous. of short tons
9,298 +216. 2 +49.8
13, 930
4,406
453
533
New York State canals thous. of short tons
24
409
393
60
-3.9
793, 262
415, 357
Cape Cod Canal
short tons
141, 496
110, 136 +21.2 +82.9
137, 634
146, 483
201, 444
105, 857
166, 205
Suez Canal _ __ ._ thous. of metric tons
2,991
2,682
2,990
2,701
Welland Canal
_.
short tons
997, 484 +159.4 -22.2 1, 049, 953 1, 074, 806
52, 469
299, 020
775, 786
St. Lawrence Canal
short tons
56, 931 1,038,485 +307. 8 -15.4 1, 095, 416 1, 093, 860
215, 402
878, 458
480, 583
Mississippi River Govt. barges
short tons..
566, 273
117,929
131, P18
104, 499 3 134, 747
109, 419
112, 960
-8.7
+4.3
123, 000
Ohio River, Pittsburgh, Pa., to
3, 581, 452 3, 891, 686
Wheeling, W. Va
short tons..
772, 624
954, 357
478, 265
525, 700
840, 604
976, 992 1, 070, 125
+9.5 +12.1
917, 516
864, 278
Allegheny River. .. .
.
short tons
344, 578 +41.4 -4.7
88, 940
187, 400
232, 204
328, 289
238, 910
80, 683
Monongahela River
short tons
2, 287, 541 1, 960, 686 2, 382, 405 2, 438, 939 2, 450, 876 1, 764, 311 2, 215, 732
+0.5 +10.6 10, 467, 413 11, 520, 447

+7.9
+7.7
+2.3
+108. 0
-15.0
+91.0
+2.4
-0.1
-15.1
+8.7
+6.2
+10.1

Ocean Traffic
Clearances, vessels in foreign trade:
Total
thous. of net tons
American
__thous. of net tons..
Foreign.
thous. of net tons

5,484
1,950
3,534

5,308
1,909
3,399

5,933
2,145
3,788

6,661
2,738
3,924

7,277
2, 851
4,425

5,537
2,090
3,447

5,996
2,837
3,159

+9.2
+4.1
+12.8

+21.4
+0.5
+40.1

27, 312
10, 564
16, 748

30,663 +12.3
11, 593 +9.7
19, 070 +13. 9

7,413
3,392

3,323
1,335

11, 128
3,919

20, 668
9,468

9,775
3,804

9,880
1,488

18, 428
12,604

-52.7
-59.8

-47.0
-69.8

71, 379
38, 105

52, 307 -26.7
21, 918 -42.5

126

168

187

290

268

252

259

-7.6

+3.5

cars
cars
cars

278, 213
136, 959
92, 243

217, 400
98, 986
72, 613

279, 107
95, 429
136, 452

220, 821
89, 952
87, 367

222, 626
109, 924
64, 156

320, 762
134, 069
140, 091

304, 152
143, 264
108, 833

+0.8
+22.2
-26.6

-26.8
-23.3
-41. 1

cars
cars
cars

79
None.
11

76
None.
6

40
40
None.

19
None.
None.

18
None.
18

None.
None.
None.

None.
None.
None.

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

-5.3
None. None.
0.0
0.0

cars
3, 570, 978 3, 767, 758 4, 807, 944 3, 983, 978 4, 205, 709 3, 740, 307 34,005,155
+5.6
cars
152, 544
181, 968
212, 988
143, 743
159, 136 3 163, 104
188, 645
+6.1
cars
117, 998
121, 105
106, 894
105, 838
105, 377 s 106, 669
-1.0
105, 684
cars
621, 002 3 670, 903
857, 547
901, 232
857, 217
643, 238
690, 020
+7.3
cars _ . 218, 647
241, 036
335, 479
278,814
277, 316
-0.5
257, 323 3 269, 569
cars
283, 805
35, 671
36, 973
110, 678
41, 053 3 165, 196 +156. 4
57, 113
cars
915, 552
969, 391 1, 305, 042 1, 060, 943 1,053,688 1, 041, 534 3 1, 046, 248
-0.7
cars
1, 243, 595 1, 324, 797 1, 919, 000 1, 639, 668 1, 642, 498 1, 514, 882 3 1, 583, 466
+0.2

Railroad Operations
Operating revenue:
Freight _ _
Passenger
Total operating
Operating expenses .. _.
Net operating income
Freight carried

thous. of dolls
thous. of dolls
thous. of dolls. _
.. thous. of dolls
thous. of dolls..
mills, ton-miles..




366, 838
74, 987
487, 027
369, 340
77, 262
39,104

3 Revised.

362, 957
68, 247
475, 112
349, 684
84, 769
38, 129

393, 368
71, 879
516, 973
377, 279
97, 466
40, 213

393, 058
67, 509
513, 955
376, 494
94,204
38, 334

3 356, 573
s 71, 071
3 475, 054
3 363, 888
3 70, 619
3 35, 887

391, 116
70, 302
510, 714
381, 836
88, 183
39, 250

* Tea duty repealed A pr. 22, 1929.

+5.0 19, 537, 658 20, 336, 367 +4.1
934, 914
879, 888 -5.9
-6.5
613, 100
557, 519 -9.1
-0.8
+2.8 3, 640, 323 3, 949, 254 +8.5
+2.9 1, 374, 771 1, 351, 292 -1.7
524, 240 +66.8
314, 257
+71.8
+0.7 5, 289, 129 5, 304, 616 +0.3
+3.7 7, 371, 164 7, 769, 558 +5.4

42

TREND OF BUSINESS MOVEMENTS—Continued
1939

The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"
January

February

PER CENT INCREASE (+) OR
DECREASE (— )

1928

March

April

May

April

May,
1929,
from
April,
1929

May

May,
1929,
from
Mav,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1938

1939

Perct.
increase
(+)
or decrease
(-)
cumulative
1929
from
1928

TRANSPORTATION-Continued
Railway Equipment
Locomotive (Am. Ry. Assn.):
Owned, end of month58,322
58,608
58,144
60,284
68,508
60, 373
68,052
Quantity..
.
number..
2,559
2,557
2,553
2,550
2,549
2,595
2,595
Tractive power
mills, of lbs._
In bad order, end of month8,161
8,383
8,042
8,421
8,057
8,563
Quantity
number..
7,803
14.4
13.9
14.0
14.1
13.4
14.3
Per cent of total in use
per cent..
14.0
111
114
121
139
130
96
177
Installed
^number
214
236
194
307
269
228
Retired
number..
308
28
68
142
52
33
New orders
number
58
50
Shipments, manufacturers' (Census)—
23
23
41
Total
number
35
46
61
99
6
20
Steam, domestic
. number..
29
31
57
92
38
1
6
4
6
Electric, domestic.
number. .
2
10
2
Unfilled orders (railroads), end of mo. —
236
253
'326
112
From manufacturers
number..
83
308
265
42
38
46
In railroad shops
.number. _
30
69
38
25
Unfilled orders, manufacturers' (Census)—
339
278
488
220
Total
_
...number..
495
444
188
251
301
419
129
Steam, domestic
number .
419
362
138
21
20
41
24
39
Electric, domestic
number __
24
22
13
18
Exports, steam
number .
22
10
14
16
5
Freight cars' (Am. Ry. Assn.):
Owned, end of month—
3
Quantity..
cars.. 2, 275, 211 2, 271, 259 2,267,884 2,266,621 2, 267, 472 2, 301, 602 2, 300, 241
Capacity
mills, of lbs._ 209,014 208, 718 208,507 3208,569 208, 849
210, 234
210, 240
In bad order, end of month136, 319
144, 620
139, 538
142, 543
144, 634
149, 869
151, 359
Quantity
cars
6.2
6.6
Per cent of total in use
per cent . .
6.3
6. 5
6.7
6.7
6.5
12,452
14, 393
8,364
2,354
New orders
.
cars..
11,068
6,983
6,683
Shipments1,814
1,152
Total
cars..
3,599
5,510
4,567
8,459
5,908
525
887
Domestic
cars
4,324
5,854
3,589
5,300
8,350
Unfilled orders (railroads)—
28,121
40, 539
Total
cars
41, 197
43, 486
39, 843
19, 325
17, 847
24,109
35, 891
From manufacturers
cars _ .
36, 674
35,360
17, 589
14, 168
33,588
4,012
4,648
6,812
In railroad shops
cais..
5,837
1,736
3,679
6,255
Passenger cars:
Shipments—
Total.. .
Domestic

. ...

cars..
- cars

Passenger Travel
National parks:
Visitors _
.
._
number.
Automobiles entered
number. .
Arrivals from abroad:
Immigrants
number..
United States citizens
number..
Departures abroad:
Emmigrants
number
United States citizens
_ .number
Passports issued
number
Pullman company operations:
Revenue
thous. of dolls
Passengers carried
thousands
Trend of business in hotels:
Room occupancy
per ct. of capacity.
Average sale per occupied room dollars..
Warehouses
Public merchandise warehouses,
space occupied
per ct. of total..

228

21

53

250

131

142

153

111
109

90
90

87
87

86
78

48
44

51
34

23
18

46,242
7,473

43, 505
10,835

72, 377
8,498

64,807
10,460

102, 207
21, 190

71, 679
12, 426

17, 254
33, 216

20,145
37, 375

28,565
32,288

30,709
32, 586

26, 158
28, 407

4,670
28,808
9,513

4,154
32, 347
8,888

2,449
27, 972
17, 066

3,387
25, 277
29,995

4,515
29,506
27,098

6,240
34, 993
37, 648

7,033
2,836

6,417
2,555

6, 627
2,726

6,404
2,582

6,515
2,713

6,313
2,614

73
4.12

72
4.13

69
3.98

75
4.09

73
4.05

69
3.84

67.7

68.3

»69.9

71.9

69.8

68.6

74, 788
19, 821

71, 034
17, 716

74,899
17, 825

74, 830
17, 776

67, 337
17, 386

69, 277
17, 448

71
3.88

-3.7
-1.8

-3.2 -7.3
-4.3 -5.0
+36.2 +27.3
-12.7 +18.0
-13.8 -3.8

670
1,170
132

+62.3 +141. 5
+61.4 +217. 2
0.0 -80.0

653 -2.5
1,334 +14.0
346 +162. 1

263

241
206
15

176
65

-8.4
+17.0
-76.9

-14.0 +219. 3
+55.3 +96.7
-10.3
-13.6
-8.3
+40.0

+101. 8
+162. 3
-43.6
+180.0

0.0
+0.1

-1.4
-0.7

77 +16.7

66

+1.5 -4.4
0.0 -3.0
+19.8 +255.3

20, 040

53,260

+165. 8

+53.5 +43.2
+57.5 +42.6

15, 025
14, 479

20,534
18, 651

+36.7
+28.8

-14.4

1,037

683

-34.1

-44.2 +108. 7
-43.6 +144.4

306
242

422
408

+37.9
+68.8

363, 054
52,298

329, 138
58, 456

-9.3
+11.8

2 96, 013
118, 653

2

83, 770
126, 329

-12.8
+6.5

2
14, 660
2 114, 404
103, 637

-24.7
-5.3
+3.7

-8.4 +123. 2
-8.4 +137. 1
-8.2 +70.0
-47.6

125, 102 +57.7
23,341 +102. 6

17, 806
23,450

38, 175

-0.2
-0.1

-18.3
-9.2
2

2
2

+27.3

+1.4

19, 477
120, 864
99, 947

2
2

-5.3
-5.1

2

2

25, 002
10, 787

26, 481
10, 699

+1.8
-0.8

295, 551
73, 138

+11.1
+8.9

2

+2.9
+1.0

PUBLIC UTILITIES
Telephone companies:
Operating revenue
thous. of dolls,.
Operating income
.thous. of dolls
Telegraph companies:
Commercial telegraph tolls.thous. of dolls..
Operating revenues.
thous. of dolls..
Operating income
thous. of dolls.
Gas and electric companies:
Gross earnings
thous. of dolls
Net earnings
thous. of dolls..
Electric railways (212 companies) :
Passengers carried
thous. of persons
Average fare
_
cents..

11,180
14, 133
1,658

10, 265
13, 060
1,396

11,864
14,911
1,951

11, 328
14, 344
1,700

10, 569
13, 205
1,805

11, 333
14, 162
2,258

203, 000
92,000

194, 000
86,000

195,000
85,000

190, 000
83,000

181, 144
68, 971

180, 255
67, 733

799, 843
8.194

741,023
8.198

820, 405
8.202

774, 517
8.202

771,816
8.041

797, 279
8.057

7,874
3,280
4,594 "

6,853
2,949
3,904

7,130
3,187
3,943

375
7,499

428
6.425

408
6.722

792, 894

2

266, 050
67, 152

2

2

2

+8.3
+9.7
+8.5

2 752, 828
« 295, 092

2
782, 000
2 346, 000

+3.9
+17.3

3, 973, 974

3, 428, 682

-13.7

28, 235
11, 133
17, 103

2 31, 528
2
11, 566
2
19, 962

+11.7
+3.9
+16.7

2 1, 973
2 26. 262

2 1, 577
2 29. 951

20 1
4-H.O

41, 214
51, 446
6, 179

2

-0.5

2

44, 637
56, 448
6, 705

2

+2.4

2

2

2

ELECTRIC POWER
Electric power production:
United States8,241
3 7, 429
Total
mills, of kw. hours.
3 7, 984
By water power. ..mills, of kw. hours,.
3 2, 442
2,698
3 3, 146
By fuels
..mills, of kw. hours
5,543
3 4, 987
3 4, 838
In street railways,
manfg. plants,
etc
__ . ..mills, of kw. hours
437
383
382
In central stations-mills, of kw. hours..
7,804
37,046
a 7, 602
2
Cumulative through Apr. 30.




3 Revised.

2
2
2

43

TREND OF BUSINESS MOVEMENTS—Continued
1929

The cumulative* shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"
January

February

March

PER CENT INCREASE (+) OR
DECREASE (— )

1928

April

April

May

May

May,
1929,
from
April,
1929

May,
1929,
from
May,
1928

1929

1928

!

ELECTRIC POWER— Continued
Electric power production— Continued
Canada —
Total
mills of kw. hours
By water power... mills, of kw. hours..
Exported
mills of kw. hours
Electric power, gross revenue thous. of dolls
Consumption of electrical power:
kfcLBytgeographicdivisionsUnited States _„
rel. to 1923-25
New England
rel. to 1923-25..
North Central
rel. to 1923-25
Middle Atlantic
.. rel. to 1923-25
Southern
...rel. to 1923-25.
Western
rel. to 1923-25
By industryAll industry
rel. to 1923-25.
Chemicals and allied
products —
rel. to 1923-25
Food and kindred
products
rel. to 1923-25
Rolling mills and steel
plants
rel to 1923-25
Metal working plants rel. to 1923-25
Metal groups
rel. to 1923-25
Leather and its
products
rel. to 1923-25
Lumber and its
products
rel. to 1923-25
Paper and pulp
rel to 1923-25
Rubber and its
products
. rel. to 1923-25
Shipbuilding
rel to 1923-25
Stone, clay and glass rel. to 1923-25
Textiles
rel to 1923 25
Automobiles, including
repair parts
rel. to 1923-25

Perct.
increase
(+)
or decrease
(-)
cumu.
lative
1929
from
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1,507
1,478
114
3 184, 200

1,346
1,315
111
» 174, 300

1,471
1,441
127
3167,700

1,409
1,379
111
167, 900

132.5
127.6
138.8
126.7
120. 5
131.9

140.4
132.8
149.5
130.7
137.7
140.8

135.7
130.8
141.9
130.5
125.4
138.2

136.4
125.4
146.5
128.0
126.3
137.0

1,272
1,255
122
153, 800

1,281
1,265
135
150, 300

136.9
123.3
148.9
130.4
128.1
144.7

119.3
113.8
129.0
112.0
115.2
117.8

119.0
109.1
127.2
112.9
110.6
112.9

+0.4 +15.0
-1.7 +13.0
+1.6 +17.1
+1.9 +15.5
+1.4 +15.8
+5.6 +28. 2

»5, 223
2 5, 150
2505

2 5, 733
* 5, 613
2463

+9.8
+9.0
-8.3

+15.0

132.5

140.4

135.7

136.4

136.9

119.3

119.0

+0.4

129.2

138,7

133.0

131.7

129.2

131.7

126.3

-1.9

+2.3

128.0

127.5

122.2

121.2

122.6

105.9

103.9

+1.2

+18.0

153.5
135.8
142.6

163.3
153.7
157.3

160.3
151.4
154.9

153.3
148.3
149.9

172.2
144.2
154.8

125.4
121.7
123.2

125.0
122.7
123.6

98.8

98.1

+16.1

+2.9
-4.5

+12.3 +37.8
-2.8 +17.5
+3.3 +25.2

-3.0
+0.2
-4.8
+1.2 +22.6
+16.5 +61.0
-1.0 +11.0
+1.4 +22.9

94.3

102.1

93.4

82.0

95.2

107.4
126.2

107.6
125.2

104.2
129.2

108.0
136.0

111.1
129.9

115.4
120.5

110.8
136.4

148.2
108.2
137.4
129.4

154.7
95.5
148.7
133.0

155.8
99.7
138.0
126.6

155.7
116.1
145.0
128.1

157.6
135.2
143.5
129.9

121.7
93.3
133.6
109.8

128.5
84.0
129.3
105.7

149.4

161.5

154.9

170.6

161.8

148.7

141.6

-5.2

+14.3

79.0
88.3
100
85
79
127.4
91.8
91.5
99.2
115
123.1
43, 891
488, 390
34, 809

78.8
87.5
101
85
79
127.6
91.6
92.1
99.1
115
124.0
44, 067
484, 464
34,686

80.4
82.9
90
80
74
120.5
88.5
82.6
91.8
104
110.5
36, 871
458, 640
26, 205

75.4
82.0
90
80
75
121.5
87.8
83.2
91.8
104
111.1
36, 777
453, 683
26, 553

-0.3
-0.9
+1.0
0.0
0.0
+0.2
-0.2
+0.7
-0.1
0.0
+0.7
+0.4
-0.8
-0.4

+0.3
+6.7
+12.2
+6.3
+5.3
+5.0
+4.3
+10.7
+8.0
+10.6 i
+11.6 i
+19.8
+6.8 j
+30.6

14, 687
908
111.5
97.4
113
92
86

14, 549
1,039
110.1
96.5
114
94
88

13,200
709
97.6
87.6
96
80
75

13, 241
702
99.9
87.8
98
83
79

-0.9
+14.4
-1.3
-0.9
+0.9
+2.3
+2.3

+9.9
+48.0
+10.2
+9.9
+16.3
+13.3
+11.4

110.4
107. 8

116.2
122.5

102.3
103.2

106.8
115.6

+5.3
+13.6

88.0
94.5

89.0

84.0
94.8

87.0
96.3

+1.1

+8.8
+6.0
+2.3

104.1
77.4

107.2
85.4

116.3
116.8

114.0
97.6

+3.0
+10.3

63, 507

63, 841

61, 311

61, 422

30.07
26.94
26.08
232, 6
240.9
114
109
107

30.03
26.64
29.95
232.4
240.6
114
110
111

112.4

109.4 |
1

28.28
28.78
25.49
27.04
230.4
230.6
108
99
99
104.5
106.3

28.82
29.19
24.07
26.44
232.9
233.9
110
103
104
106.5
108.8

27.19
30.25
31.82
24.47
16.69

27.23
30.07
31 44
24.98
16.87

EMPLOYMENT AND WAGES
Employment in factories:
79.9
79.4
Massachusetts
rel to 1919-23
78.1
88.7
87.1
84.8
New York State
rel to 1923
99
98
New Jersey
rel. to 1923
97
84
84
Pennsylvania
rel to 1923
81
76
77
75
Delaware
rel. to 1923
125.2
124.4
121.8
Iowa__
rel. to 1923..
90.9
85.7
88.9
Maryland
rel to 1924
90.9
89.1
Illinois
rel. to 1923
87.2
97.2
98.5
94.2
Wisconsin
rel. to 1923
112
113
Ohio
rel. to 1923
108
123.4
123.6
Cleveland
rel to Jan 1921J
117.9
42, 143
43, 226
40, 707
Milwaukee
. _ number
New York State
number
469, 125 482, 252 490, 879
32, 207
32, 471
Oklahoma
number
32, 618
Total pay roll:
14, 897
New York State (weekly) thous. of dolls
13, 938 , 14, 465
881
871
Oklahoma (weekly)
...thous. of dolls..
884
110.7
110.0
96.1
Wisconsin
... rel. to 1923
98.8
96.0
New York State
rel. to 1923
92.5
112
111
108
New Jersey ._ ._
rel. to 1923
91
82
90
Pennsylvania
rel to 1923
83
83
Delaware
rel. to 1923
79
Employment,
111.4
110.5
Canada
rel to calendar year 19261
109.1
88.1
95.9
Ohio construction
rel to 1923
89.3
Employment, trade-unions:
85.0
86.0
United States
per cent of total
85.0
93.2
94.0
Canada
per cent of total
93.7
Anthracite mines: *
109.4
101.3
Employment
rel to 1923-25
109.8
107.0
79.5
Pay roll
rel. to 1923-25
112.6
Federal civilian employees,
62, 388
62, 926
Washington D C end month
number
62, 257
Average weekly earnings, factories:
28.42
28.92
28.72
Illinois
dolls
29.99
30.35
New York State
_
dolls..
29.71
27.15
26.95
Wisconsin
dolls
24.45
27.36
26.81
Oklahoma
dolls
27.09
231.7
233.8
Massachusetts
rel to 1914
225.8
240.3
243.2
238.1
New York
rel. to 1914
114
114
New Jersey
rel. to 1923
112
108
109
102
Pennsylvania
rel to 1923
106
108
104
Delaware
rel. to 1923
105.0
106.1
106.8
Illinois
rel. to 1923
113.3
112.4
Wisconsin
rel to 1923
102.0
Average weekly • earnings (National Industrial
Conference Board):
28.93
28.88
27.78
Grand total (both sexes)
dollars
31.63
31.68
30.51
Total male
dollars
33.08
33.15
31.97
Skilled IT ale
dollars
26.08
26.03
Unskilled male
dollars
25.07
17.82
17.76
Total women
dollars
17.16
Average weekly hours:
49.7
49.8
Nominal (both sexes)
hours
49.7
49.5
49.5
Actual Cboth sexes)
hours..
48. ft
1 See tables on p. 22 of the April, 1929, issue for earlier data.
2 Cumulative through Apr. 30




8

28.91
31.61
33.09
25.91
17. 85

49.8
49.6

60
-12.5
+0.5 +3.9

|

-0.1 +2.9
-1.1 +10.7
+14.8 +13.3
—0.1 -0.2
-0.1 +2.9
0.0 +3.6
0.9 +6.8
+3.7 +6.7
-2.7

+0.6

49.4
49.3
47. 4
47.8
* See table on p. 18 of the June, 1929, issue for earlier data.
3 Revised.
1

ii

44

TREND OF BUSINESS MOVEMENTS—Continued
1929

The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"
January

February

March

PER CENT INCREASE (+) OR
DECREASE (— )

1928

May

April

May,
1929,
from
April,
1929

May

April

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1938

1929

Per ct.
increase
(+)
or decrease
(-)
cumulative
1929
from
1928

EMPLOYMENT AND WAGES— Con.
Wages, road labor, by districts:
New England
cents per hour
Middle Atlantic
cents per hour South Atlantic
cents per hour
East South Central
cents per hour
\Vest 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_.
Wage rates, U. S. Steel Corp. .cents per hour__
"Wages steel sheet workers per cent of base
Applicants per 100 jobs, employment agencies:
United States
number
E astern States
.number. .
Central States
number
Southern States
number
Western States
.number. .
Illinois*
number
Wisconsin*
number
Canada
number

52
45
23
26
31
45
38
44
52
36
50
125.5

49
49
22
27
30
46
42
42
52
37
50
125.5

51
44
23
27
33
42
37
43
52
37
50
125. 5

51
42
27
27
31
38
37
44
53
38
50
125.5

50
42
30
26
31
40
37
45
53
40
50
125. 5

50
40
23
26
27
41
36
46
53
40
50
125.5

49
42
28
27
29
38
37
49
51
40
50
125.5

156
154
164
283
80
182
138
154

153
152
164
267
81
169
142
146

142
144
153
215
76
156
138
133

128
126
134
200
73
134
117

126
126
126
198
93

137
146
147
219
69
155
131
120

128
138
135
204
66
146
110
114

36.2
26.7
4.2
5.3
58.6

41.7
31.0
4.7
6.0
56.9

49.2
36.8
5.7
6.7
61.2

55.7
43.3
5.5
6.9
70.2

53.3
41.6
5.7
6.0
65.2

37.9
25.4
7.5
5.0
41.3

42.1
28.7
8.4
5.0
47.2

-2.0
+2.0
9.0
0.0
+11.1 +7.1
-3.7 -3.7
0.0 +6.9
+5.3 +5.3
0.0
0.0
+2.3 -8.2
0.0 6+.7
+5.3
0.0
0.0
0.0
0.0
0.0
1
-1.6' -1.6
0.0 -8.7
-6.0 -6.7
-1.0
39
+27.4 +40.9

Factory Labor Turnover
(Percentage of number on pay roll)
Departures:
Total
per cent (annual basis)
Voluntary quits.. .per cent (annual basis) ..
'Lay offs
per cent (annual basis)
Discharges
per cent (annual basis)
Accessions
per cent (annual basis)
Industrial disputes:
Disputes
number
Workers involved
number
M!an-days lost in month
number

34
39, 484
949, 692

3

-4.3
-3.9
+3.6
-13.0
-7.1

+26.6
+44.9
-32.1
+20.1
+38.1

348
356
3
129, 708 3 133, 546
34,806,232 3, 455, 499

334
340
61
51, 865
3 40, 385 3 3 40, 415
921, 583 1, 078, 485 1, 385, 796

DISTRIBUTION MOVEMENT
Retail Sales
Mail-order houses:
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. Kresge 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
Restaurant chains:
Total sales (3 chains)
thous. of dolls..
Childs Co., sales _.
thous. of dolls _
J. R. Thompson Co., sales.thous. of dolls. .
Waldorf System (Inc.),
sales
thous. of dolls. .
Other chain stores:
Isaac Silver & Bros
thous. of dolls. _
Stores operated
number. .
J. C. Penny Co .
thous. of dolls .
Stores operated
number
G. C. Murphy Co _
..thous. of dolls. .
Stores operated
number
Installment sales in New England
dept. stores' ratio to total sales
per cent

-1.1 +37.3
+3.2 +45.1
-7.8 +25.3

197, 818
120, 430
77, 388

257, 834 +30.3
156, 980 +30.3
100, 854 +30.3

+18.1
+0.6
+29.5
+0.5
+8.6
+1.5
+3.3
+0.4
-0.9
0.0
+19.2
+4 5
+6.3
+2.3
+15.1
+0.4

+16.5
+9.6
+24.3
+8.1
+8.9
+18.3
+9.8
+6.8
+1.9
+5.4
+40.1
+25 8
+46.4
+33.3
+24.2
+29.7

189, 696

206, 854

102, 874

112, 199

+9.1

5,154

7,259 +40.8

16, 925

21, 495 +27.0

4,629
2,132
1, 256

+1.6
+0.6
+3.2

+8.5
+6.1
+11.7

23, 295
11, 123
6,107

24, 172
11, 142
6,417

+3.&
+0.2
+5.1

1,183

1,241

+1.7

+9.7

6,072

6,614

+8.9

466
23
12, 994
946
930
111

469
23
14, 831
953
896
115

0.0
+2.8
+11.7
+0.4
+7.2
+0 7

+20.7
+60.9
+8.5
+16.4
+33.0
+24 3

2,115

2,553 +20.7

57, 625

63, 526 +10.2

3, 885

5,227 +34.5

-4.9
-5.6
+4.5

+6.9
+4.9
+7.7

47,400
29,271
18,129

46, 396
27, 741
18, 655

53, 413
30, 796
22,617

55, 619
34,046
21, 573

55,006
35, 126
19, 880

40,100
24, 159
15, 941

40, 074
24, 203
15, 871

33, 511
2,659
17, 658
1,728
9,019
509
2,691
229
4,143
193
798
109
1,096
83
3,328
218

36, 351
2 681
19, 374
1,742
9,774
515
2,845
231
4,358
193
883
109
1,175
83
3,516
221

46, 138
2,695
24,528
1,750
12, 567
517
3,735
234
5,308
194
1,138
111
1,712
83
5,141
222

41, 652
2,711
22,061
1,759
11, 368
523
3,160
235
5,063
194
1,141
112
1, 588
86
4,421
226

49, 202
2,728
28, 578
1,767
12, 345
531
3,263
236
5, 016
194
1,360
117
1,688
88
5,089
227

39, 763
2,476
21, 936
1,624
10, 784
445
3,059
222
4,984
185
918
93
1,172
65
3,656
172

3 42, 233
2,488
3 22, 998
1,634
11, 340
449
3
2, 972
221
4,923
184
3
971
93
1,153
66
4,096
175

4,707
2, 184
1,224

4,470
2,095
1,147

5,027
2,355
1,284

4,944
2,247
1,359

5,024
2,261
1,403

4,561
2,171
1,207

1,299

1,228

1,388

1,338

1,361

365
31
8,621
1,023
814
140

441
32
9,028
1,026
910
139

615
32
15, 381
1,082
1,199
140

566
36
14,406
1,105
1,112
142

566
37
16,090
1,109
1,192
143

10.4

10.2

7.1

6.3

2,093
12,220
97, 443

2,454
15, 706
90,261

2,877
17, 438
112,033

3,282
20,445
108, 401

3

4.8

5.0

3,107
19, 454
106, 428

2,918
18, 414
105, 114

+9.0

55, 073

+8.1

14, 392

15, 694

+y.o

22, 473

23,888

+6.3

4,245

5,320

+25.3

50, 957

Advertising
M^agazine advertising
thous of lines
Magazine advertising, total cost_thous. of dolls*.
Newspaper advertisicg
thous. of lines_.
Radio broadcast:*
Cost of facilities
.. thous. of dolls.
National advertising in newspapers:
Total
thous. of lines..
Passenger cars
thous. of lines _.
Tires, trucks, and
accessories
thous. of lines.
Financial
_
thous. of lines..
B uilding materials
thous. of lines,
s Revised.




3,120
19, 310
113, 242

1,258

1,372

1,610

1,550

1,563

773

776

52, 326
9,751

13, 731
l,68fl

56,133
9,228

55, 868
9,779

61, 548
8,757

49, 965
8,193

49, 810
6,770

4,229
9,736
284

733
2,357
83

3,781
8,011
600

5,288
7,653
1,26

7,397
8,176
1,148

4,712
6,843
944

5,443
7,130 1
964

*See tables on p . 18 of the June, 1929 issue for e arlier data.

+0.8 +101. 4
+10.2
-10.5

+23.
+29.4

+39. S
+6.8
-9.C

+35.
+14.
+19.

81, 316
498, 051

85, 119
521, 380

+4.7
+4.7

3,813

7,353 +92.8

205, 106
34, 531

239, 606 +16.8
39,204 +13.5

16,29S
31, 92£
2,89£

21, 428 +31.5
35, 933 +12.6
3,376 +16.6

45

TREND OF BUSINESS MOVEMENTS—Continued
1939

The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"
January

DISTRIBUTION MOVEMENT— Con.
Advertising— Continued
National advertising in newspapers— Con.
Electrical appliances
supplies
thous. of lines
Foods and beverages
thous. of lines ._
Heating and plumbing
equipment
thous. of lines _
Medical
thous. of lines
Radio
thous. of lines. .
Tobacco
thous. of lines
Toilet requisites
thous. of lines..
Transportation__
thous. of lines. _
All other
thous. of lines
Postal Business
Postal receipts:
50 selected cities
thous. of dolls. .
50 industrial cities.. _
thous. of dolls ._
Money orders:
Domestic issued (50 cities)—
Quantity
thousands .
Value
thous. of dolls..
Domestic paid (50 cities) —
Quantity
_ ._ _
thousands Value
thous. of dolls..
Air mail, weight dispatched
pounds BANKING AND FINANCE

February

March

PER CENT INCREASE (+) OR
DECREASE ( — )

1938

April

May

April

May

May,
1929,
from
April,
1929

May,
1929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1938

1939

Per ct.
increase
(+)
or decrease
(-)
cumu.
lative
1929
from
1928

462
4, 021

220
1,454

1,466
7, 185

1,495
7,556

1,553
8,837

1,301
7,108

1,236
7,851

+3.9
+17.0

+25.6
+12.6

3,890
26, 410

5,196 +33.6
29, 053 +10.0

413
7,996
2,430
2,709
2,705
2,291
5,300

135
1,581
701
1,178
914
526
2,160

579
6,557
2,176
3,885
3,574
2,307
6,783

649
4,266
1,390
3,161
3,333
2,960
7,078

650
3,810
2,148
5,171
2,936
4,263
6,704

580
3,828
637
3,826
3,323
2,578
6,092

600
3,392
599
2,580
2,968
3,630
6,646

+0.2
+8.3
-10.7 +12.3
+54.5 +258. 6
+63.6 +100. 4
-11.9
-1.1
+44.0 +17.4
-5.3 +0.9

1,886
21, 035
4,467
15, 130
12, 229
10, 800
23, 609

2,426
24, 210
8,845
16, 104
13, 462
12, 347
28, 025

+28.6
+14.6
+98.0
+6.4
+10.1
+14.3
j +18.7

31,615
3, 466

29, 993
3,326

34, 375
3,537

32, 352
3,454

32, 446]
3,339

30, 758
3,348

31, 589
3,276

+0.3
-3.3

+2.7
+1.9

157, 753
17, 214

160, 781
17, 122

+1.9
-0.5

3,626
36, 025

3,480
34, 621

3,959
38, 840

. 3,851
38, 188

3,704
38, 037

3,417
33, 967

3,461
35, 277

-3.8
-0.4

+7.0
+7.8

17,398
173, 177

18, 620
185, 711

+7.0
+7.2

10, 967
83, 154
488, 709

10, 377
77,387
433, 941

12, 624
93, 937
523,414

11,825
90, 423
508, 672

11, 691
90, 343

10, 941
84, 068
171, 028

11,014
86,110
199, 409

-1.1
-0.1

+6.1
+4.9

2

55, 424
420, 035
642, 609

2

57, 484 +3.7
435, 244 +3.6
1, 954, 736 +204.2

Life Insurance f
(Association of Life Insurance Presidents')
Policies and certificates new (44 companies) :
220, 823 238, 684 292, 232 284, 055 293, 458
Ordinary
number of policies
+3.3 +4.7 1, 171, 232
230, 482 s 280, 180
891, 644 1,045,058 964, 177 888, 462
1,051,983
Industrial
number of policies
-7.9
980, 796 839, 453
+5.8 4, 618, 735
57, 921
26, 859
Group
number of certificates _
45, 455
35, 986
47,028
-3.3
201, 540
36, 705
-6.9
48,839
Total policies and certificates
number. . 1, 330, 727 1, 157, 187 1, 373, 276 1, 295, 260 1, 227, 375 1, 247, 983 3 1, 168, 472
-5.2
+5.0 5,991,507
Amount of new insurance (44 companies) :
659, 843 683, 542 830, 244
Ordinary.
__thous. of dolls..
793, 786 801, 698
710, 435 757, 879
+1.0
+5.8 3, 485, 304
230, 779
Industrial
thous. of dolls. . 265, 998
240, 501
274, 824
256, 279
259, 962 216, 396
-6.2 +11.1 1, 208, 161
98, 637
58, 607
Group
thous. of dolls..
109, 827
64, 813 3 72, 238
463, 534
62, 007
205, 195 +52.0 -46.5
1, 024, 478 972, 928 1, 169, 881 1, 122, 303 1, 152, 026 1, 032, 404 1, 179, 470
Total insurance
thous. of dolls
5, 156, 999
+2.6
-2.3
Premium collections (44 companies) :
160, 867
160, 630
Ordinary
thous of dolls
175, 645
172, 282 174, 278
+1.2
795, 754
157, 836
+5.2
165, 718
51,956
Industrial
thous. of dolls. _
53, 806
55, 768
52, 218
56, 159
50, 691
-6.4
256, 645
+0.1
52, 184
8,938
17, 660
7,515
Group
. ...
thous. of dolls
7,691
8,336
5,928
-7.7 +29.7
43,564
5,930
Total
thous. of dolls
223, 611 230, 246
239, 319
236, 386
234, 187
214, 455
223, 832
-0.9
+4.6 1, 095, 963
Admitted life insurance assets (40 companies):
13, 071
12, 982
Grand total
mills, of dolls
13, 173
13, 269
12, 001
12, 107
Mortgage loans5,642
5,619
5,675
Total
mills, of dolls..
_
5,710
5,199
5,241
1
1,604
1,601
Farm.
mills, of dolls..
1,597
1,597
1,602
1,601
4,015
4,041
All other
mills, of dolls..
4,078
4,113
3,597
3,640
Bonds and stocks (book value):
4,912
4,951
5,007
Total
..mills, of dolls..
5,037
4,563
4,605
979
986
Government.
..mills, of dolls. .
1,004
1,017
943
928
2,452
2,462
Railroad
mills, of dolls. _
2,472
2,477
2,359
2,372
II"
1,219
1,231
Public utility
mills, of dolls . .
1,247
1,251
1,064
1,097
j|
262
272
All other,.
mills, of dolls. .
284
292
197
208
Policy loans and
|
1, 554
1,569
premium notes
mills, of dolls. .
1,587
1,608
1,426
1,442
(Life Insurance Sales Research Bureau)
Sales of ordinary life insurance:
709, 452
744, 513 896, 333 862, 578 873, 490
United States total
thous. of dolls..
769, 263 834, 557
+1.3
3, 776, 443
Eastern manuf. dist
thous. of dolls_.
305, 721 321, 051 385, 309
355, 180 352, 208
314, 944
-0.8
343, 822
+2'. 4 1, 582, 791
174, 226
Western inanuf. dist.. .thous. of dolls..
161, 832
207, 017
196, 585 200, 638
165, 567
821,919
180, 589
+2.1 +11.1
Western agric. district-.thous. of dolls. . 100, 769
100, 163
122, 062
125, 988
125, 716
119,317
-0.2
571, 022
128, 946
-2.5
Southern district
thous. of dolls. .
72, 892
80, 016
97, 421
98, 246
102, 475
94, 128
+4.3
99, 513
440, 467
+3.0
Far western district
thous. of dolls. _
69, 057
68, 238
84, 524
86, 579
92, 453
75, 307
+6.8 +13.2
360, 244
81, 687
Canada total, 15 companies -thous. of dolls. . 50, 575
47, 443
53, 333
49, 406
51, 283
47, 156
-3.8
+2.8
229, 708
49, 870
Banking
Check payments:
New York City
mills, of dolls
54, 719
46, 289
55, 425
47, 979
50, 043
41, 778
+4.3 +10.5
202, 458
45, 270
Outside New York City
mills, of dolls..
24, 515
28, 126
28, 131
26, 803
26, 520
25, 225
-1.1 +0.7
124, 174
26, 346
Canada
..mills, of dolls.,
2,124
1,723
1,873
1,942
2,097
1,729
9,356
2,279 +12.0
-8.0
federal reserve banks:
952
Bills discounted
mills, of dolls..
821
986
1,030
988
757
+0.2
944
+4.7
j
Notes in circulation
_ mills, of dolls
1, 654
1,645
1,664
1,664
1,654
1,591
-0.6 +3.8
1,593
Total investments
mills, of dolls..
646
511
343
351
270
656
525 -21.3 -48.6
2,844
Total reserve
mills, of dolls
2,835
2,893
2,986
2,970
2, 868
-0.5 +7.7
2,757
Total deposits
mills, of dolls
2,413
2,437
2,382
2,410
2,331
2,494
-3.3
-3.2
2,408
Reserve ratio
per cent..
69.4
69.9
71.5
73.3
74.5
70.2
+1.6
68.9
+8.1
Federal reserve member banks:
Total loans and discounts.. -mills, of dolls..
16, 121
16, 366
16, 583
16, 451
16, 202
15, 951
15, 893
-1.5
+1.9
Total investments
mills, of dolls
5,972
6,053
5,976
5,875
5,799
6,637
-1.3 -13.2
6,683
Net demand deposits
mills, of dolls..
13, 395
13, 308
13, 157
13, 234
12, 791
13, 946
-3.3 -6.1
13,628
Brokers loans, end of month:
To N. Y. Stock Ex. membersTotal
mills, of dolls. .
6,679
6,735
6,804
6,775
6,665
4,908
5,274
-1.6
+26.4
Ratio to market value
per cent
9.29
9.48
9.75
9.19
9.39
+2.2
8.95
9.46
-0.7
By New York F. R. member
. banks..
mills, of dolls..
5,507
5,559
5,562
5,532
5,288
4,282
-4.4 +18.3
4,469
Interest rates:
Time loans, 90 daysper cent..
7.75
7.63
7.88
8.75
4.94
8.75
0.0 +66.7
5.25
Call loans, renewal
per cent..
7.05
7.06
9.10
8.89
8.91
+0.2 +56.3
5.08
5.70
2
Cumulative through Apr. 30.
3 Revised.
tSee table on p. 19 of the June, 1929, issue for earlier data,




1, 329, 252 +13.5
4, 841, 324 +4.8
213, 249 +5.8
6,383,825 +6.5
3, 769, 113 +8.1
1, 268, 381 +5.0
404, 122 -12.8
5, 441, 616 +5.5

843, 702 +6.0
269, 907 +5.2
50, 140 +15.1
1, 163, 749 +6.2

4, 086, 366 +8.2
1, 719, 469 +8.6
940, 298 +14.4
574, 698 +0.6
451, 050 +2.4
400, 851 +11.3
252, 040 +9.7

254, 455 +25.7
134, 095 +8.0
9,759 +4.3

46
TREND OF BUSINESS MOVEMENTS—Continued
1929

The cumulatives shown are through
May, except where otherwise noted.
Earlier data for items shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"
\ January

BANKING AND FINANCE-Continued
Banking— Continued
Interest rates— Continued.
Prime com. paper (4-6 nios.)
per cent..
Prime bankers' acceptances
per cent._
N. Y. Fed. Res. Bank (re disc.). .per cent-Federal land banks
...per cent-Intermediate credit banks—
per cent._
Deposits, New York State savings
banks, end of month
.mills, of dolls. _i
Public Finance
Government debt, gross, end mo.mills. of dolls. .
Customs receipts
tbous. of dolls, i
Total ordinary receipts
thous. of dolls
Expenditures chargeable to
;
ordinary receipts. _ ,__
..thous. of dolls..!
U. S. money in circulation:
1
Daily average
mills, of dolls..!
Q0]dGold and Silver
Domestic receipts at mint fine ounces..
Rand output
fine
ounces..!
Monetary stock of U. S.—
Daily average
mills, of dolls..
Imports
thous. of dolls..
Exports
..
. thous. of dolls
Silver:
Production —
|
United States .
thous. offineoz
Canada
. . . . thous. offineoz__
Stocks, end of month —
United States
thous. of fine oz..
Canada.
thous. offineo z _ _
Imports
thous. of dolls
Exports.
thous. of dolls..
Price at New York
dolls, per fine oz_.
Business Failures
Liabilities (United States):
Total commercial..
thous. of dolls i
Manufacturers. _ . thous. of dolls..
Trade establishments. -thous. of dolls.. i
Agents and brokers
thous. of dolls..
Liabilities (Canada)
thous. of dolls
Firms (United States) :
Total commercial
number
Manufacturers
_ number
Trade establishments
number..;
A gents and brokers
number
Firms (Canada)
number i
By groups:
Manufacturers —
Metals.
number..
Textiles
number !
Lumber
number _.
Chemicals
number
Printing and engraving
number
Foodstuffs
.number
Leather, etc
number
Liquors and tobacco _ _ _ .number
Stone, clay, and glass
number. _
All other
number-Traders—
General stores
number..
Foods and tobacco
. .. number _
Clothing
number
Household furniture
number..
Chemicals and paints
.number. .
Books and paper _. _
number..
All other
number
Dividend and Interest Payments
Grand total
thous. of dolls..
Interest payments
thous. of dolls..
Dividend payments:
Total.
thous. of dolls .
Industrial and misc
thous. of dolls
Steam railroads
..thous. of dolls..
Street railways
thous. of dolls
New Security Issues
Foreign loans in the U. S...
thous. of dolls..
Foreign governments
thous of dolls
Total corporation
thous. of dolls..
Purpose of issueNew capital
thous. of dolls..
Refunding
thous. of dolls
Type of securityStocks
thous. of dolls..
Bond and notes
thous. of dolls..
Class of industry—
Railroads
..thous. of dolls.
Public utilities
thous. of dolls
Industrials
thous. of dolls..
Oil
thous. of dolls.
Land and buildings
thous. of dolls..
Shipping and misc
thous. of dolls..
• Revised.



February

March

PER CENT INCREASE (+) OR
DECREASE (— )

1928

April

May

May,
1929,
from
April,
1929

May

April

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

May,
1929,
from
May,
1928

1928

1929

Per ct.
increase
(+)
or decrease
(-)
cumulative
1929
from
1928

1

5.38
4.88
5.00
5.05
5.33

5.50
5.13
5.00!
5.06
5.33;

5.88
5.38
5.00
5.09
5.36

6.00
5.50
5.00
5.10
5.48

6.00
5.50
5. OOi
5.13
5.54)

4.38
3.75
4.00
5.05
4.52

4.50
4.00
4.50
5.04
4.52

4,410

4,423

4,466

4,439

4,418

4,262

4, 253

17, 379
45, 549
163, 889

|
17, 345J
48, 651 1
158, 794

17, 237
55, 200
736, 816

17, 196
50, 404
173, 508

17, 167
48, 279
166, 722

17, 848
45, 740
169, 965

17, 756
41, 438
164, 932

371, 595

0.0
0.0
0.0
+0.6
+1.1
-0.5

+33. 3
+37. 5,
+11.1
+1.8
+22. 6,
+3.9 ~~

-0.2^ -3.3
-4.2 +16.5
-3.9 +1.1

185, 494j
i
4,686

273, 865

335, 643

225, 269

326, 709

217, 091

-32.9

4,748

4,709

4,679

4,684

4,730

4,722

+0.1

-0.8:

68, 042
876, 452

55, 651
815, 284

57, 765
866, 529

65, 547
872, 123

70, 520
897, 598

65, 166
825, 907

75,983
886, 186

+7.6
+2.9

-7,2
+1.3

4,115
48, 577
1,378

4, 143
26, 913
1,425

4,166
26, 470
1,635

4,226
24,687
1,594

4,292
24, 097
467

4,287
5,319
96, 469

4,207
1,968
83, 689

+1.6
-2.4
-71.7

+2.0

5,023
1,747

4,776
1,124

5,223
1,569

s 5, 422
3 1, 151

5,361
1,638

4, 668
1,388

4,574
1,222

-1.1 +17. 2i
+42.3 +34. O1

595
334
8,260
8,264
.570

642
684
4,458
6,595
.562

1,374
414
6,435
7,814
.563

867
1,032
3,957
5,752
.557

1, 105
360
4,597
7,485
.541

128
550
4,888
6,587
.574

133
456
4,247
6,712
.603

+27.5 +730. 8!
-65.1 -21. ij
+16.2 +8.2
+30.1 + 11. 5i!
-2.9 -10. 3

53, 877
16, 690
32, 024
5, 164
2,241

34, 036
11, 891
17, 891
4,255
2,443

36, 356
15, 001
17, 180
4, 165
707

35, 270
10, 423
19, 102
5,745
2,435

41, 216
18, 954
18, 191
4,071
4,416

37, 985
16,236
16, 049
5,700
1,558

36, 117
14, 230
18, 900
2,987
3 3, 697

2,535
614
1,769
152
185

1, 965
478
1,378
109
178

1,987
512
1,349
126
183

2,021
499
1,388
134
141

1,897
515
1,266
116
164

1,818
432
1,276
110
U5

2,008
470
1,407
131
127

30
75
92
11
25
47
24
9
15
286

40
54
88
6
15
39

34
52
87
15
16
48
13
4
4
226

30
67
103

215

40
60
103
12
10
44
11
8
g
215

116
499
351
374
66
17
346

111
424
246
266
51
13
267

101
429
233
257
69
9
251

88
446
228
252
79
15
280

86
385
228
214
60
13
280

85
393
263
220
56
9
250

853, 575
516, 375

384, 800
199, 000

462,870
264, 170

608, 100
398, 100

398, 000
237, 000

562, 210
372, 050

337, 200
215,000
39, 100
22,200

185, 800
139, 800
36,900
9,100

198, 700
155, 000
36,500
7,200

210, 000
167,000
32,200
10,800

161,000
124, 500
28,900
7,600

190, 160
150, 280
29, 380
10,500

36, 482
15, 750
970, 276

57, 857
10,000
937, 253

179, 691
10,000
934, 530

21,000

66,000

725, 798 1, 313, 893

144, IOC
227,969 +214. 3
79, 885
87, 13C
840, 472 | 3768,977 +81. C

827, 729
142, 547

814, 859
122, 394

876, 203
58, 327

891, 626
134, 172

920, 046
390, 847

632, 738
337, 538

634, 698
302, 555

559, 139
375,391

438, 276
287, 522

61, 613
202, 134
234, 405
134, 570
69,009
267, 545

11, 695
295, 561
168, 397
16, 597
118, 249
300,915

21,500
320, 222
215, 350
11,594
77, 314
279, 185

159, 783
127, 311
148, 837
35, 267
33, 952
203, 822

+3.8

l

•••
219, 560
1, 373, 481

248, 083 +13.0
1, 399, 729 +1.9

1, 314, 483

1, 391, 866

+5.9

354, 764
4, 249, 463

317, 525
4, 327, 986

-10.5
+1.8

I

62, 976
355, 586

+16.9
+81.8
-4.8
-29.1
+81.4

150, 744 +139. 4
6, 499

24, 045
6,784

25, 805
7, 229

+7.3
+6.6

25,232
34, 875

27, 707
35,910

+9.8
+3.0^

+14. 1s
+33. 2
-3.8
+36. 3:
+19.4

221, 621
78, 500
112,533
30, 588
19, 382

-6.1 -5.51
+3.2 +9.6;
-8.8 -10.0
-13.4 -11.5
+ 16.3 +29.1

10, 881
2,469
7,776
636
823

200, 755 -9.4
72, 959
-7.1
104, 398 -7.2
23,400 -23. 5
12, 242: -36.8
10, 405
2, 618
7,150
637
851 1

-4.4
+6.0
-8.1
+0.2
+3.4

j

'?4

1135
15
12
12
215

!

-11.8
+28.8
+18. 4
-26. 7
-6.2
-27.1
+15. 4
+200. 0
+200. 0
-4.9
223
-2.3
93
408 -13.7
0.0
265
263 -15.1
60 -24.1
14 -13.3
0.0
295

174 -9.4
308 +3. 0
473! +22.5

-16.7
+17.5
+33.8
+83.3
+36.4
+12.9
+7.1
+100. 0
+33.3
-3.6

192
299
386
42
72
207
65
33
47
1,126

213 +2.9
73 +12.3
40 +21. 2
-6.4
44
1,157 -2.8

-7.5
-5.6
-14.0
-18.6
0.0
-7.1
-5.1

482
2,185
1, 650
1,437
372
70
1,571

502 +4.1
2,183 -0.1
1,286 -22. 1
1,363 -5.1
325 -12.6
67 -4.3
1,424 -9. 4

3344,000
203, 500

-34.6 +15.7
-40.5 +16.5

2, 435, 010
1, 470, 150

2, 707, 345 +11. 2
1, 614, 645 +9.8

3 140, 500
105, 900
27, 100
3
7, 500

-23.3 +14. 6
-25.4 +17.6
-10.2 +6.6
-29.6
+1.3

44
49
70
11
19
42

36
57
77
6
11

!

I

9
173

3

1

If!

+31.0
+12.5

964, 860 1, 092, 700 +13. 2
697, 380
801, 300 +14. 9
173, 600 +9.5
158, 480
56, 900 +5.4
54,000 1

+70. 9

765, 80C
449, 924
3, 561, 687

361, 030 -52. 9-35, 750 -92.1
4, 881, 750 +37. L

491, 356
349, 116

3 594, 500
+3.2 +54.8
174, 477 +191. 3 +124.0

2, 310, 47$
1, 251, 20*5

4, 330, 463 +87. 4
848, 287 -32. 2

869, 271
444, 622

315, 52S
524, 943

3 332, 400
436, 577

-1.7 +161. 5
+54.6 +1.8

1, 180, 44f >
2, 381, 241

3, 134, 122 +165. 5*
1, 747, 628 -26. Q

105, 308
342, 919
459, 215
36, 102
48, 857
319, 290

95, 052
382, 541
140, 438
7,30C
97, 152
117, 988

28,601 -34.1 +268. 2
242, 497 +169. 4 +41.4
8 153, 551 +208. £ +199. 1
+2.4 +57.5
22, 929
82, 253 +43. £ -40.6
3 238, 647 +56.7 I +33.8 i

469, 87C*
1, 331, 251
638, 72C5
66, 056>
380, 11J>
661, 96()!

359, 899 -23.4
1, 288, 147 -3.2
1, 226, 204 +92.0*
234, 130 +254.4
347, 381 -8. 61,370,757 1+107. L

-71.0

47
TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are through
May, except where otherwise noted.
Earlier data for i terns shown here may
be found on pages 27 to 138 of the
February, 1929, "Survey"

January

February

March

PER CENT INCREASE (+) OR
DECREASE ( — )

1928

1929

April

May

April

May

May,
1929,
from
April,
1929

May,
JL929,
from
May,
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

1928

1929

Per ct.
increase
(+)
or decrease
(-)
cumulative
1929
from
1928

BANKING AND FINANCE— Continued
New Security Issues— Continued

!

States and municipalities:
Permanent loans
thous. of dolls. _i
639, 907
129, 861 » 141, 285 +103. 6 +25.6
177, 507
88, 725 109, 006 3 87, 170
73, 351
Temporary loans .
thous. of dolls . 114, 695
354, 965
78, 001
14, 896 -66.5 +136. 7
55, 411 a 105, 141
35, 261
71, 749
Bond issues (Canada):
!
Govt. and provincial.
thous. of dolls...
39, 036
-7.9
36
30,000
+176.
2
27,
616
10, 000
6, 417|
Municipal _ . _
thous. of dolls..
2,312
+419. 7
13, 013
22, 592
4,347
5, 142
1,002
7, 0371
17, 022;
Corporation
thous. of dolls..
41,
845
119,
886
-99.9
57,
970
6,550
+163.
6
47, 326
'2,485,
28, 725
13, 205
Tax-exempt securities outstanding, end of month
mills, of dolls.. i
16,
659
17, 296
17, 232
17, 371
17, 192
Agricultural Finances
Loans outstanding, end mo.:
\
Federal farm loan banks
thous. of dolls. _ i 1, 195, 089 1, 199, 766! 1, 202, 571 l,203,724 j 1, 204, 128 1, 180. 420 1, 183, 672
+1.7
0.0
Joint-stc ck land banks
thous. of dolls..
610; 921
609, 363
-0.5 +1.6
602, 421 599, 413
604, 375 603, 827 604, 294
Federal intermediate credit
banks
thous. of dolls. _
-2.2
72, 351
70, 899 -10.7
80,706
69, 326
78, 532
77, 609
79, 462
Stocks and Bonds
Stock prices, average daily closing:
25 industrials, average
dolls, per share..
263. 34
267. 38
355. 10
363. 37
+1.6 +35.9
350. 88
357. 70
344. 17
25 railroads, average
dolls, per share _
123.09
+2.8
125. 39
+0.4
128. 95
129. 30
131. 70
128. 49
132. 40
103 stocks, average. _ ... .dolls, per share..
159. 16
-4.2
162. 58
-7.4
189. 72
199. 27
155. 76
168. 17
179. 25
Southern cotton mills
dolls, per share..
12 5
110. 97
110. 58
99.76
98.10
96.77
13
98.00
101. 04
Stock prices, average weekly closing:
Industrials, rails, and utilities
(406)
rel to 1926
145. 9
152. 1
186.5
187.8
+0.6 +23.5
189. 1
186.6
185.2
All industrials (338) . .
rel. to 1926. .
149. 5
192.6
154.9
-0.4 +24.3
192.3
196.0
193.4
192.5
All railroads (33)
.rel. to 1926—
130. 7
+4.1
133.2
140.4
138.7 i
+0.3
141.6
138.3
141.8
All utilities (35)
rel. to 1926—
142.5
155. 3
202.4
+5.4 +36.7
203.7
201.4
212.3
192.7
Automobiles and trucks (13) .rel. to 1926..
241.4
+4 5
249. 4
-6.2
277.1
284.2
277.6
260. 5
281.4
Automobile tires and rubber
goods (7)
rel. to 1926—
127.4
128. 8!
209.8
194 4
188.9
200.3
-2.9 +50.9
195. 4
Airplane (9)
rel to 1926
445.5
672. 0 +24.3 +70.7
905. 1
913.6
a 923. 0 1, 147. 0
903.0
Agricultural implements (4)... rel. to 1926..
249.2
264.1
392.5
395.0
399. 8
389. 5
+2.6 +51.4
384.8
Chain stores (17)
rel. to 1926. _
135. 6
139.0
148.7
148.3 i
-0.3 +6.7
152. 9
149. 6
158.6
Copper and brass (10)
rel. to 1926- .
143. 7
151.5
279.8 j
-4.8 +84.7
286.2
329.3
294.0
262.0
Food, other than meat (20)
rel. to 1926—
154.9
+8.6
158. 4!
177.4
172.0
173.9
171.4
+0.4
180.9
Machinery and machine
equipment (10)
. rel. to 1926 _
133. 6
+16 5
138.0
167.2
160.8
-1.4
173.5
163.1
167.7
Oil producing and refining (16) rel. to 1926
109. 7
118.7
141.4
146.3
-0.9 +°3 3
32.6
147. 6
137.4
Railroad equipment (9)
rel. to 1926. _
137. 4
+2.2
135. 2
138. 2 i
140.2
142.4
-2.9
144.3
139.2
Rayon (5)..
rel. to 1926__
172.
0
188.
5
-23. 9
143.4
+0.1
143.
7
143.2
171.5
155. 5
Steel and iron (Kfl
rel. to 1926
145. 5
145. 6
186.6
185. 3 !
178.9
190.8
-2.9 +27.3
173. 8
Textiles (30)
..rel. to 1926..
138. 2
-8.4
138. 7j
136.2
-3.4
138.3
131.5
127.0
143.7
Theaters, motion pictures, and
1
amusements (7)
rel. to 1926—
+21.2
i
111.3
115.6
+3.2
140.1
146.2
135.8
149.3
150. 6
Tobacco and tobacco products
i
(10)
rel. to 1926..
149. 1
-0.6
140. 0
142.5
139.1
136.4
146.1
+2.0
153. 1
Traction, motor transportation,
etc. (9)
rel. to 1926—
106. 7
105.9
85.8
97.4
90.4
-5.1 -19.0
100.6
101.7
Stock yields:
Total common ^90)
. per cent4.05
3.32
3.93
3.27
3.35
3.30
+0.6 -15.5
3.35
Industrials (50)
. . . . per cent. .
4.02
3.93
3.35
3.30
3.21
3.25
+1 5 —16 0
3.31
Public utilities (20)
per cent. _
3.46
3.22
-23.0
2.59
2.48
2.58
!
2.65
-6.4
2.66
Railroads (20)
.
per cent..
-0.2
4.86
4.80
4.62
4.79
4.58
4.68
+2.4
4.56
Preferred, high-grade industrial
(20)
per cent—
5.18 ;
5.45
5. 21
+4.6
5.44 !
5.45
0.0
5.42
5.43
Stock sales, N. Y. Stock Exch. thous. of shares..
351, 849
80, 569 !
82, 164 +10.5 +11.1
105, 662
82, 600
91, 279
77, 969
110, 804
Bond sales:
Miscellaneous
thous. of dolls..
301,
084
1,
361, 100
-14.3
263. 388
201, 566
225, 716
+9.8
174, 447
235, 427
205, 649
Liberty-Treasury
thous. of dolls
14, 489 :
78, 638
14; 764 +11.2 -40.1
9, £04
12, 149
8,851
9.970
13, 772
Total
thcus. of dolls. _
1,
439,
738
315,
573
-15.7
<
278,
152
213,
715
234,
567
+8.8
215,
619
183, 951
249, 199
Bond prices:
Highest-grade rails.p. ct. of par. 4% bond—
95.33
94.49
-7.1
87.81
88.63
87.87
88.05
-0.3
90.09
Second-grade rails. .p. ct. of par. 4% bond—
87.89 j
86. 92
-9.0
80.22
-0.2
79.13
79.13
79.27
81.27
Public utility
p. ct. of par. 4% bond-82.17
-7.8
81.42
77.68
75.03
79.63
76.19
—1.5
80.16
Industrial
p. ct. of par. 4% bond..
81.09 !
-5.2
80. 73
-1.2
78.20
77.49
76.51
77.47
78.89
Comb, price index .p. ct. of par. 4% bond-86.26
85.54
-7.3
80.34
79.33
-0.8
81.48
82.39
80.00
Bond prices, 1st of following month:
5 Liberty bonds
p. ct. of par..
105. 98
-4.6
105. 03
100. 14
100. 24
—1.5
102. 49
101. 36
101. 75
16 foreign govt. and city
p. ct. of par..
105. 46
105.28
—1.7
102. 98
104. 07
103.49
104. 52
103. 54
0.0
Comb, price index, 66 bonds. -p. ct.ofpar.102. 44 !
101. 71
-3.7
-1.2
98.36
97.91
99.47
99.13
100. 08
Bond yields:
Total, 60 high grade
per cent..
4.38
4.42
+6.1
4.69
4.65
4.69
4.69
0.0
4.60
Railroads (15)
percent..
4.24
+7.3
4.59
4.58
4.27
-0.2
4.56
4.59
4.50
Industrials (15)
per cent
4.78
5.02
5.02
5.06
4.81
-0.8 +5.2
4.96
5.01
Utilities (15).
. .
per cent. .
4.56 !
+6.1
4.81
4.57
4.79
4.85
4.79
4.85
0.0
Municipal (15)
per cent-3 92 !
+5.2
4.32
4.02
-1.4
4.25
4.29
4.23
4.16
Municipal bond yield (20)
per cent.
& 93
+7.2
4.34
4.22
4.30
4.25
4.01
+1.2
4.J9
U. S. Treasury notes and
certificates, 3-6 months
per cent _
3.62 1
4.64
4.79
5.04
4.82
3.90
+4.6 +29.2
4.65
Liberty and Treasury bonds
per cent-3.32 !
+9.6
3.66
3.76
3.67
3.35
3.59
3.67
0.0
Long-term real-estate bonds issued:
Grand total
thous. of dolls..
329, 167
87, 748
34, 049
68, 431
22, 868
77, 450
21, 711
+5.3 -70.5
61, 065
Purpose of issue134, 099
Finance construction... thous. of dolls. _
29,220
44, 515 -32.7 -80.4
8,945
23,250
12, 962
13, 610
8,720
Real-estate mortgage.. -thous. of dolls-.
108,942
7,824
36, 865
11, 245
31, 663
4,529
4,148
-8.4 -80.2
20,910
Acquisitions and
improvements
thous. of ls_.
41, 856
16, 323
9,280
2,275
2,600 +13.8 -12.5
26,200
2,870
2,000
Kind of structure —
Office and commercial.. thous. of dolls..
14, 605
22, 340
5,390
4,760
123, 160
12, 535
6,700
45, 175 -11.7 -89.5
Hotels
thous. of dolls..
11, 395
27, 055
2,275
375
7,810
2,900
10,300 -62.9 -71.8
Apartments
..thous. of dolls. _
1,722
3,635
18, 179
2~925
1,375
1,885
4,265
+9.5 -55.8
2,160
* Revised.




535, 759 -16.3
382, 257 -7.7
44, 033 +12.8
52, 795 +305. 7
98, 291 -18.0

468, 314 +33.1
1, 042, 805 -23.4
54,246 -31.0
1, 097, 051 -23.8

208,124 -36.8
67, 487 -49.7
59, 409 -45.5

42,625

+1.8

51, 725 -58.0
13, 360 -50.6
10,067 -44.6

48

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 27 to 138 "of the
February, 1929, "Survey"

PEE CENT INCREASE (+) OR

1938

1929

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MAY 31

DECREASE (— )

January

February

March

April

April

May

May,
1929,
from
April,
1929

May

May,
1929,
from
May,
1928

1938

1929

1, 768, 910

1, 932, 953

Per ct.
increase
(+)
or decrease
(-)
cumulative
1929
from
1928

FOREIGN EXCHANGE BATES
Europe:
England
France
Italy
Belgium
Netherlands
Sweden
.
Switzerland
Asia:
Japan
India
America:
Canadian
Argentina
Brazil
Chile

..dolls, per £ sterling..
dolls, per franc..
dolls, per lira..
dolls, per franc ,
dolls, per guilder __
dolls, per krone. _
dolls, per franc .

4.85
.039
.052
.139
.401
.267
.192,

4.85
.039
.052
.139
.401
.267
.192

4.85
.039
.052
.139
.401
.267
.192

4.85
.039
.052
.139
.401
.267
.193

4. 851
.039
.052
.139
.402
.267
.193

4.88
.039
.053
.140
.403
.269
.193

4.88
.039
.053
.140
.404
.268
.193

0.0
0.0
0.0
0.0
+0.2
0.0
0.0

-0.6
0.0
-1.9
0.7
-0.5
-0.4
0.0

dolls, per yen. _
dolls, per rupee..

.455
.365

.452
.364

.445
.364

.446
.363

.447
.362

.477
.366

.466
.366

+0.2
0.3

-4.1
-1.1

.998
. 958
.119
.121

.996
.958
.119
.121

.994
.956
.118
. 121

.992
.956
.118
.121

.993
.955
.119
.120

1.000
.972
.120
.120

.999
.972
.120
.122

+0.1
-0.1
+0.8
-0.8

-0.6
-1.7
0.8
-1.6

383, 791

3 410, 674

400, 149

345, 514

353, 981

-2.6

+13.0

109, 812
14, 522
20, 766
3
8, 518
3
31, 458

113, 960
11, 422
24, 423
9,847
29,961

94, 284
10,429
16, 726
7,899
28, 087

104, 150
11, 169
16, 126
8,570
34, 847

2 402, 070
2 49, 070
2 70, 344
2 33, 082
2 112, 926

2 435, 232 +8.2
2 53, 446 +8.9
2 86, 050 +22.3
2 35, 659 +7.8
2 114, 447 +1.3

2 329, 563
2 147, 859

2
2

2 203, 630
2 35, 984

2 2240, 023 +17.9
45, 763 +27.2

2

2 463, 627 +3.8
2 2135, 421 +7.6
45, 821 +39.7

dolls, per Canadian doll...
dolls, per gold peso.,
dolls, per milreis..
dolls, per paper peso._

U. 8. FOREIGN TRADE
Imports
Grand total
thous. of dolls.. 3 368, 897
By grand divisions:
EuropeTotal
thous. of dolls .
107, 118
13, 703
France
thous. of dolls. .
Germany
thous. of dolls _.
19, 374
9,022
Italy
thous. of dolls .
United Kingdom
thous. of dolls. 27, 527
North America—
82, 284
Total
...thous. of dolls..
42, 053
Canada
thous. of dolls. .
South AmericaTotal
thous. of dolls __
57, 889
9,422
Argentina
thous. of dolls .
Asia and Oceania113, 330
Total
.thous. of dolls..
Japan
thous. of dolls _
38, 424
Africa total
thous. of dolls ..
8,287
By classes and commodities:
Crude materials
thous. of dolls. . s 142, 251
Foodstuffs, crude, and
47, 668
food animals
thous. of dolls..
Manufactured foodstuffs
-thous. of dolls.. 3 28, 787
3 70, 981
Semimanufactures
thous. of dolls _
Finished manufactures.thous. of dolls. . 3 79, 211

3

369, 442

3

104, 342
13, 799
21, 487
8,272
25, 501

3

79, 926
36, 981

3

92, 253
39, 938

93, 650
40, 389

85, 091
35, 044

86, 092
43, 183

60, 171
10, 601

3
3

60, 716
12, 679

61, 247
13, 061

49, 772
9,746

47, 394
10, 723

110,470
s 36, 020
3
10, 541

124, 518
28, 820
17, 300

109, 777
29, 505
6,391

109, 728
38, 536
6,617

115,310
32, 158
9,693
3

3

3

137, 791 3 138, 618

36, 772
69, 484
75, 219

44, 368
70, 525
81, 375

3

446, 663
2 125, 847
2 32, 803

+5.6
+7.8

146, 934

141, 699

127, 223

137, 999

-3.6

+2.7

675, 045

707, 293

+4.8

52, 145

46, 553

46, 049

47, 968

-10.7

-2.9

243, 314

245, 447

+0.9

45, 949
82, 266
83, 380

42, 298
85, 918
83, 681

43, 390
60, 672
68, 181

34, 234
59, 084
74, 896

-7.9
+4.4
+0.4

+23.6
+45. 4
+ 11.7

183, 394
310, 303
357, 055

198, 173 +8.1
379, 174 +22.2
402, 866 +12.8

425, 872

387, 000

363, 928

422, 557

-9.1

-8.4

1, 989, 328

2, 232, 560 +12.2

2 747, 883
2 68, 238
2 2144, 565
50, 509
2 270, 723

2 2819, 917 +9.6
94, 740 +38.8
2 135, 042 -6.6
2 56, 829 +12.5
2 294, 947 +8.9

2

391, 068
2 258, 425

2 476, 352 +21.8
2 324, 260 +25.5

48, 905

50, 176
3

3

~|

348, 114
159, 361

+9.3

3
3

Exports
Grand total, including
reexports
.thous. of dolls..
By grand divisions:
EuropeTotal
thous. of dolls
France
thous. of dolls _
Germany
thous. of dolls
Italy
thous. of dolls .
United Kingdom
thous. of dolls
North America —
Total
thous. of dolls _
Canada
thous. of dolls
South America—
Total
thous. of dolls .
Argentina
thous of dolls
Asia and Oceania—
Total
thous. of dolls
Japan
thous. of dolls. .
Africa, total
thous. of dolls
Total domestic exports only
thous. of dolls..
By classes of commodities:
Crude materials
thous. of dolls _
Foodstuffs, crude and
food animals
thous. of dolls
Manufactured foodstuffs.. .thous. of dolls. .
Semimanufactures
. _ _ thous. of dolls _ _
Finished manufactures
thous. of dolls. _
Agricultural exports (quantities) :
All commodities ._.
rel. to 1910-14. .
All commodities except
cotton
rel. to 1910-14. .

3 488, 023 3 441, 754

235, 731
26, 268
41, 159
3 15, 995
90, 696

3

3 110, 186
70, 927

3

489,911

3

200, 046
24, 408
34, 339
12, 712
3 69, 304

211, 907
24, 621
32, 993
15, 057
75, 659

172, 233
19, 444
26, 552
13, 066
59, 289

161, 578
13, 114
29, 435
11,014
56, 902

188, 847
18, 535
33, 102
15, 149
61, 834

107, 397
3 70, 762

130, 734
90, 642

128, 035
91, 928

101, 950
70, 522

123, 466
88, 956

53, 075
19, 394

53, 059
19, 122

44, 591
15,. 874

33, 825
11,776

38, 243
14, 082

2 140, 320
2
50 401

2 202, 675 +44.4
2 73, 761 +46.3

80, 364
3 70, 221
26, 114
22, 472
3 9, 792
11,015
3 480, 384 3 434, 532

79, 814
23, 086
14, 397
481, 719

69, 491
20,517
11,455
418, 591

377, 063

59, 154
16, 985
7,420
356, 057

63, 018
22,998
8,983
413, 829

-9.9

-8.9

2 2252, 073
78, 287
2 35, 427
1, 944, 374

2 299, 890
2 92, 189
2 46, 659
2, 192, 289

+19.0
+17.8
+31.7
+12.8

86, 459

71, 247

57, 752

74, 394

89, 811

-18.9

-35.7

463, 169

428, 403

-7.5

21, 651
3
42, 996
3
66, 892
3
263, 720

15, 814
37, 451
65, 439
228, 639

21, 212
35, 901
59, 553
202, 646

13, 203
33, 866
56, 320
179, 274

19, 738
33, 123
67, 150
204, 007

+34.1
-4.1
-9.0
-11.4

+7.5
+2.2
-11.3
-0.7

79, 144
192, 571
306, 06"
904, 421

112,425 +42.1
203, 513 +5.7
320, 549 +4.7
1, 127, 400 +24.7

477, 928
464, 57

552, 420 +15.6
475, 218 +2.3

51, 949
19, 370

3

3

3

3

3

120,619

3 92, 324

29, 666
47, 535
67, 703
214, 860

3

24, 082
39, 629
3 60, 961
3 217, 53f

133

107

102

86

79

82

155

134

12S

112

122

99

96, 959
97, 296

97, 04S
83, 815

135, 287
117, 52C

97, 517
67, 154

125, 615
109, 436

78, 490
60, 455

3

1

92

-8.1

-14.1

103

+8.9

+18.4

113, 582
120, 154

+28.8
+63.0

+10.6
-8.9

*

CANADIAN FOREIGN
Total trade:
Imports
Exports




thous. of dolls _.
thous. of dolls..
2

3

Cumulative through Apr. 30.

O

Revised.

FUNCTIONS OF

DEPARTMENT OF COMMERCE
Secretary of Corrimefce ,

'LEIN, Assistant Becfetary pf CJommfcrce. - <
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Btftedflria are-lisjieil below." ' J& qbrriplctp, list'natay be obtaineid' by addressjng3the Biyisionjof Publications^ Department of Commerce,1 ,
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^Bureau of -jStai^d^rds Journal ,of Rematch, inne, "192^;
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^riautics BftEetin; Ifd\ 7^B;-ii 4o 6 -P^ges. >Gb]otaiBB Regulations ^ Pages, 1:001^1211, illustra^idns, plate^>,ciarts, ,This fdurnat; >
c^ntalpts the^ papers formerly isJs^d asj t|ie
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iije Bulletin, ^fay, 1929;, 3Q pages.
Pu^licatioji
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JBitJElEAil
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ANfi
COMMEKCE i

annual, report/

Ne>s
by Nation, eont^in^
a ^fef - account of .the laboratory
the bureaul;and%iVes\^,list of pamphlets; issji^d and
a^ne; artistes published 4uri^ the^pj^d^g inx>nth.
Annual Subscription,
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Inspection an^i Testing of ^Mte
Electrical Equipment
fofvP^rniiss|bility* /BuJUetin :^0^,
page§, 6,31^. ,,De^
spribfes^the ^methods employed in
<el'ectri^aX e^juipn|en|5
tb "qe :^ed\m. Explosive atmosplieTes pf
'
Outline is -'given as weH te details 'W, apparatus x.useol
by r the j
v
."
i \:
^^ of "doi^iestie ! merchandise^ and imii>orfe by articles^ for ' Mines Buteau in, making test$.< Prie,e, J@f. !
Minteraf Resources of United^ States, I926^Part Hr No^,
,
ffl,, 19?^ and ,i9^9,,anTj,
for 'four toonth^;e^dM,4^4> l®$
ll
metals. '^iuH-675
'
pages, 27Hlui&ations ^nd charts;
'^
- 1J, and 1929. ' Sai?jt.II' e0n1^ain4 ^suihmaries of,
' 4 l,Codl in/1^27^ fFrom
States,
,
- iradej nio,nthly a^rage import >nd, export rp
4
1927,PtrII;pp. 827-509, ^Wu^atiQns^ ehtarts.)
4 30^. ^
cp.
v tics" of tmde withcAl^ka, Hawaii;
*
in 1928., <Fro
^ of United v
tip«, $1,25,
,,co|nes Part
'
, II, pp. 1-41,4
\cFor the guidance •'pii'lumbe'r mafitifactp^rSj^B^ll 3BM1 owners/
' x^,nd producers of; logs^ and Voujgh!, stock ^Ko-desire a^ dutlei for
Fishery ti^ii^tkle pi United ptatfeH %92, by (Oscr E.
(Appendix I?[ to
, . ,, * ** ..',_',,_. ^_i. .*-! ^^^ Special
«„. ...i.* to
_?*.i.• s.^. ^^ovPa'ctwid:
t It. S. "Fiedler, 4 Document Hq. l05b.
Referen
Fuel
ort )o| IT^B. Comi3Liissio4er d^ fisheries for 1928, pp. 401^lo'rma^iQn p^ll i No.. 632;^
/jikfifectin
^ charts.) Bepprt pn the activities of tjie bureau ^ar' collect-; v (
\ , i se
e « o e s 0 u r G e s ? <ya-l, imports, efforts ing -^ishriry
' > ' " paes*.
is^atistics and In earryftfg. ^,n investigations into the
v
N
''^'to
promo|e
th^
i|ise
$
.fh0
British"
prodiic%
a|id
^6w0r
javailable
>b!eihs <& the fish canning
Prlcfei « I
x
N
:
xatid pye^r^iiig^ industries.
an,
Canada. Price, 10,^ ,\ ' , \ / ' «.s - - >\^l :^' ^^ ^" t , .
/ L ( ^ " < " ^ * , , % , . \^ v v A » l^-f < / l
"' " - ' - ' » , . , » *
y
0:, Trade Jn-v
i-opagMion^Forid Fishes, by.M.
0, Raines, 0oeuiitent Hd*
—, .-,,
jr-<*.--? v; *^ i?. &*HviMoii of
" (Appe)adix-II to, Eeport, o|vMU.vS. ,Opmmission(er of vFjsh-E ,
tl^tm/Np.
^94
olt
^ie^amib
subject,,
with
t
ir 192^pp^l^--5a, laillu^^tiqns^ ^^Oisciusses the e sseri- ;
t infp^a^ioii >t^l^t^^to>^o^A^erica^ ^^k*
considered in, the Ioca|io6> ,bf ffeh ponds^ tl^eiV cari- -''
,and Operation, and, th,e <?are "dt- the fisjb contained \l >
.. fl 9SF,??. s S. rS-J-Sw,^.....
, ^V
Aiitllntfnf. .^,
TrMe
Info , ^|0^Bulletin No.
:" 8ugg$siions are giyen? fo^r^tfie^ utilization of
.._._
.__ ^ _ _ . _ _ ^ p f 'ailtimony,;'its',
tvith
'
f<?r thikpurppse,, Price,
'
f
n
^OL
varipus
cbuntries^an4
mariet; , uses, deposits,
Mng o '
,
._,^. .._._.rT..ai Payitieiits^f U^i1t|d s4^Vln ;1928,
American^ feocuihented S^a^ing ^lerichant Yessels bj
r
,. ^ v jR,ayv :A
Hall,\wi1jh forewor^^y R.rE; Laniolll, 'Sec^Muy <^ GornTons aM Over, Mayf I$^9*^1i-f-?s2>iipage,k' Publishedmer;ce, trade InloriaaMon Bulletin -Nov-o^S; 'tili-^^6 p^es,
^, , ( Single ^copies, 10^ attn;ual subscjiptiph, 7^*-^
-Thi^ i^ ai^,analysis of^tfae balance,t(fintern^ti^alpayments of
Ii4:?2; pages. ' '
'
'
'
, n^he tJnitea .izH&jjjt^as ^sh^wii bry toulcist exi^eijdt^ures^aJDroadji
'. American Vin^es4in:ents in otner^^ounMes^ for^igii investments
Manual pf Second and Third (JrderFM^ngu^tion;afl<J Tr^ , v;
Publication No: J45; vi-f22^Vpages, ??, illus;^
»«46 U.nited SMtesJ ^d^bteeiou^-njetajte trade. - - . V t •; ; ^ , ^ \ ,
1
es^ of v places. , M Issued as. an aid txo isurveyors;
in , Fiee and ^uti^l^ ^nports^
United HtaTtes
i|i CaieBidar
Year
?
L
s f
i
\ I9?7i Trade ;txf6rmatic^ ^-"^- ** ***- • " ^ ——^ tp pra-oticiesj pf Coarst-andf Geodetic?
3ui v,ey. > Price, V ^
»', - ^-,V ' >
\
/ ; ! ' - T ^ 'V'^ • ,,-'; ';
; ,-: ^
- '^ice,-lO^\
*%*: A" ^' . .
ables,1 ^Atlantic ^o^st* ^rtli Anie^ca, Cor Year
^ "- "
w*a«atoiisln<
. Retailers lit
i 475 pages., : Contains ti|?lesvsjidwin-g tie tirne
fatf o;f tides at differe?i(t paces' aijad.tne h,eliktv to whicTa
0^ 62?; ii+li




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