Full text of Survey of Current Business : July 1929
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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. - < rrr*a bi> A xmicr / \v t 'Y < ~ ~ •' !V , ^ BjplpraAIM F* ^ORGAN/ Solicitor Vw Y "^Y' A Y B,es^arch on helium.and^.operation,of.plants,prb4uctetg'it.', » Studies in ^he^oboabmios andx marl^etin^/of iniier^als aajl xcolr lection, of statistics pnA miseral respurees ^Qd j&ine1 accidents Y Xhe dissemination of \;resillt6 oft ^c&nfcaijl, aj&4' ecbtfomic . teehnical papers', Mineral > series, iaia,ers^^rcula^r And mi^celliwieous publfcla^ions* ^ s'&nol tn&intfnanipe of ,ai$f to air ~ ' . ;Tl|e prbp^^l0n ^4 cii^trifeutioii^Of 5fo;pb!tfs%;Wd shellfish, •' ifli ordei* J^prbve^the ^pletioja of the fislifertea; Jttyestigatibns to ? jM-biaote conservation" 'Of fishery re$qt«tJei;| -t^ie ( d^v^lopOf ^cto^iigrciarAsiierles and a^lculti$e& studiy pf ^;fl^hery inip£dy^m&Bt^ in Dieycfaafidising^;^nd bbflectioa of ti^tibs* ^adininistr^tion^qf, Alasi^ 'ifiBhierie^ and fur seals; and ths protectors of spboges off $fa4co$si bit Mbrida. ii;efeto aoad v - , * Maintenance t b| ^Hitoises and other aidfe t^' ' tion. ^.iEfftifalishn^eiit and maintenance of fai^;tb'navigation V x along "pivQ'aM^*^ ! -/" ^ s -C "" " - - $y-^ \ >/ ' - ( atian:0f s&itfettcs^of w^ltl^ ^u T ' . , , r, nci ot^ei: tastit^tions aibnu^IIy , "^nd o& de&tl^ v^ates iri v " ' ' ' ' * ' "' ners,( gtving i | /j6^ y of the e«oi4% of the Uni^Bd fetat^ari^ publication mbnlfaly b| Survey charts for;t;ne ti^viglttioii ^of, the adjacent ;>watepf, including Alaska, th^ Philipibme, Islands^ Hawj3i,1^b^0; Kco^ the Virgin Ififlaiids, an<J ^the Ca^ial ^oiie; interior control ^survfiys; toag* netlc surteysj; Mde^aiad current obseVva^ibhs'; and se -iatestigatidns^/ / > > . > -• •• • ' / r *'^''\ ' ' ' - '• -/. - ; ] . . . v Pupcation of r^ults through; charts,, do^sj; pilots, tide tables^ r / , ^ llie collection pf iimely i&f orpaatibti eobceriiing ^brldliriarke| ( current tables^ acid special .publidatior^s. ', x ' V ^ndltioni arid op^n|iig| fo^merjcan products in foreign cbtra7 \ i S e S - tMrdt 6omMel-eiat attafe&# trade ^inmisgionersi and ^ trade afford rsj. \ -;,( ^ ?" 1 3phe <^topilaifoj& |and - ' , ,1K , * - ,^a4 ^eati for, Aj^^rjoiai f >', |jubli(?atiott.of weekly lis ' ' MI ivve^ offices k o^t^ te^li^ical, aiid to Ainerican _ _ _ , - - , ___ _ Enf orc§T3aeB% of ^,e; fi^vigation and , s, including n%b>i$0n , of fees, fine^/ tqnnag;| la^es, Hits in' all parts * of ? tft& sales, STiiiA^ - , , ., ,, Director,, ^ . . x \ Custody ^ develo^>nie|it, ^d^jconstruetion^ of standards 'of / of, idea %by s4eatiii0^6^ ot^er institutions;^ rf^ i^p apNl "properties of materials; reW&rt;n :tR>n ,of physi " sts on. find prc^eisses; and* publiciatiojpi of scle letins r^portini r rekilts of researches fiLi l :data, >\jj \ > • ^ + ., \ V : > ' 1 ^ l , Prejpa^atlon of ^specifications;, vfor Government; ppr^bases,( | NV -'itblroug)! tjie federal Sp^cific^iibni Board. ; . -v' ^ ' /anjd dissentii>atio|i of information ng and constrq?<sftion of t of siniplifieo! c<tfniiiercial throOgli in f i^'^rastejs tesulting frc^m excessive Variety ,ii commodities. ' ^ ^ KBB&0K N. HOO.VBB, Su^vislngtn^pactbr General -The Vspeetiojfir; op Btferphant (ve^eis/ ipclu4ing bo^em, ^ > •and IUe^avj^g>e^tjipttiiBn4v>ficensmg^bf officered ^ vessels, certification^ atylfe^ameix and lifeboat n the iiivestigau6B« of violations o jnkpeqtion %ws.; ,; J , ^ , tspw, Commissioner , " .- Jhe gfa&ting bf ^patieti'^ And the registration of ti^tde-rnaris^ prints, anbL labels wter technical ^amination; and > judicial .proceedings, * ~* ; ^ " / / ' v v ' - v -^ v" . x ' '%1 '^V'-^ • ' * ' ^ ;' v ' Maipten«iric^<pf library With public x^eamh ^oom, Containing copies: of f oreifen >nd United, Sbaie^ p^iefrfcs- and wdfe ^ assignments,, <$<^,- relating ib and ttmle*markB. ' rFurniahinig; copies df ' • ' '" ''' t ' ? <>fr tbe weekly showing thepatents an.d jtmd^-i^arifs l$sued. ; utilisation m miBtr^ls^ inc}ualn|g tne^lstudy <^ of r^did ! \ „ fcnd.ffcafety ^jbhb^^afid :bf ipaproved ijiet^ods in ,^fe pfro^uc^bn , ^st^^lons biil^bi^ ;inciuding ^>ipad0asti^ st^tibnk; Jlic^ensing < ; n ^ ; ' Y ^iM^e of ^inerals^ ; , , ^ ^ \~ ~:'' - - . . v i . ' * \ ; V ^ ' , ' - ^ - - ^ (m^o:ope^itpr4J ,i^giiBg station,cf^l,l^tte^Vvirn^T®^ ^^ , : /, ^a^^nt^Ftiel Y^tf at Washington. v, * -v , I e2^mita%lg aaSsettiiB^iiil^rn^tibna} radio accotiats. : ! ; -- ^ . : Y;YYY.K.'r'"Y' '.v>,-^ ' Y' ' ' ' ' "-Y ^"'--'Y- Y '^''Y^'YYY • V " - ' - ' -.'V _7 v"' '" '>-'\. , ^v/''^''--v> ; ':.-.l;' 1 v > ,' >-'Y''-''.;- ' V'-YV - : r' : '"- / '-'< ; .Y'-' < -.''.'^T : -•-!! '"V-..." r; ; ^ Y - Y : " ' - ' - : '/"^•^'/•'•-•.••^'^r'-'-.O -:Y . - > • - • v- . v - U ' Y ' V ' : -"••'•;/ '.U.YI-. '/,',',-•-•'- , ' • ' • ' ' • - Y Y Y Y ^ , ;• ;1PtJBLKkTIONS;OF THE fiEPA&TM^NT OF COMMERCE 1 V . " • > • ) ' > ' > / ' , . ( * < * > . . * •» * I M N * , \. t \ / v Vfiecen1? ptiblicatlona of the B^F^rtmeit of Commerce having ^he most direct interest td^reader^ pf the SURVEY OF CUHBEN^T . , Btftedflria are-lisjieil below." ' J& qbrriplctp, list'natay be obtaineid' by addressjng3the Biyisionjof Publications^ Department of Commerce,1 , ' ^ at i^aslwngton. > Cppfes'o^ the publica!ti<3ns^ inay be, purchased from the Superintendent of > Do^&rnents,Jpo vernment 'Printing . {• Qfllce; Washington^ at the p£ices Stated.; Ifnoprice is mentioned, the publication is distributed fre%^ ; , / . - • , .; y; J - > •' s , ' v T* ' - ( T w ^ . ' f - " , • , - *,.^-"*s> ^ " > i ' « , - / ' • • , ^si'&mfvE* OF /\w THE *T*tari?; o^/»i?i^nr'A't>^r.^' .* " SfiCMTARt ^/ i 4 " ) k -1^4' -s , ; Li ; . r V ~ V '< v ' i ^• , • BUREAU-OF 'STANDARDS l •' " ^Bureau of -jStai^d^rds Journal ,of Rematch, inne, "192^; _^.. ^ _ __ T _ ^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 ^'Technologic ^nd's/i ^ governing^ eqiiipmelit u^clt : cpinpetoncy ^b^- instrtictors, andf s i - ^.pleiqtiac;^ oJ^^liSstrtictipn MVciyiyan aviation/spliools. . ,r " , " ScieBtifi^ Papers series, VhlchT jeertes:\;:haVe been, difCpntinued. j',Xj 1 ; , The jalrtiples irl the journal,ar^, kmbwni ^ 4he; He^earch ^Papers I National €Vn«nrittee^on Wopii •*Otifization, ils j" *lj.-ji «i.J * * ' ^^ -* ' *-* f^&ri ^ i—j _^—^L>r . ^.s: " series^and ,^re issiied separately,ikf|er^publication in the journal/; ' , '^, , fQpde^fpr protection :Agai|i^ Lig%t,nin^. Miscellaneous, iije Bulletin, ^fay, 1929;, 3Q pages. Pu^licatioji Kp.f 92; xiv-f.l^^',^^68^^ W^-* 2 Pafee^ A&f felkjes.^ ,? fBQon4hJy by the R^dio pi vision;, of th,e;l)e^attment of 1 ; .Study of the origin, ^har.a^ristic^^.arid ^nect^ ^ of , |ightning, , ' ions ti^d ref e^euces to durr^nt with "data on n^ethods 6|^|>r9^^tion ipr ^persbnSj bi8ldmg$, ' ^^ 2fy. ! - arid Iniscellaneous prope^w against'ihese.el^ctricalv discharges;' i ' '' .• ' « ' - >-' - ' v x '» V | -' ; Prtce, *>^ ^*" -. ^ ' "- v • • ' • -' ; Spates GoVeriinient \Masteir ThesJ Cefasus ~ for ^he ^pur&ase ;pf ma tfie dep4rtnients are Mprom41gate4 ' by ecifications Board a^nd pu|>Jishea -by ike -.Bureau ,6f Btiandards/. ose If sted'bfelow byriulnber^Ba^ be^blai%€fdat ^ , Hose, Oil Suctioi and?bi^h ^tatii L ^ t\ve data for. earlier jeensius J^flfcs. P^per, 109 giving r l , Sehpol Slippieniejtit^ Air <C|t s v l i-1 '*} '- ' - ' v u >T •' ' "* 5 7, •^ ,if,, .' ^ i v i-^ "*"" x ' f^\ " -:,-,0"''' * * • "A detailed iBfbr^tipd for'thp various ^ '-Ivi ; x '' , " ' ' ' ' ' - itifte^^rat'tr^sfes aM'B^d Spring^; ^ap^ir^ges, ^rjce 5 sntiiiB jftiid, !Hosi3s., yaper^S'p^es, j)?ioj& !ij£. ^ <^ < Marfi^fefeV; _ . ^ y ,. rfees,. a-nd to^ulm^nts ;of ^^riage^ si: JBitJElEAil OF 1 : ; ^ ** '" " 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, " ' r^oiithly- ''' 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 ' ' ' ' * ' ** '" " ' "'•* *