Full text of Survey of Current Business : May 1927
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UNITED STATES DEPARTMENT OF COMMERCE
WASHINGTON
SURVEY OF
CURRENT BUSINESS
COMPILED BY
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
BUREAU OF THE CENSUS
:
: BUREAU OF STANDARDS
1927
MAY
No. 69
CONTENTS
SUMMARIES
Preliminary summary for April
Course of business in March
Monthly business indicators (table and chart)
Weekly business indicators (table and chart)
Wholesale prices (table and charts)
Indexes of business
Detailed indexes (production, prices, sales, etc.)
Basic steel and related products (charts)
Page
1
9
2, 3
4,5
6, 7,11
9,10
18
8
NEW DETAILED TABLES
Cotton textiles
_.
Paper boxes
Construction costs and volume.
Frozen eggs
Tax-exempt securities
Coal-tar dyes
Census of manufactures
21
22
22
22
23
23
23
INDEX BY SUBJECTS
Textiles
Metals and metal products.
Fuels
Automobiles and rubber
Hides and leather^
Paper and printing
Building construction and housing
Lumber products
Stone, clay, and glass products.
Chemicals and oils
Foodstuffs _
Tobacco
Transportation
Public utilities
Employment and wages
Distribution movement (trade, advertising, etc.).
Banking and finance
Foreign exchange and trade, gold and silver
Text
page
Table
page
12
24
13
25
14
29
14 27, 31
14
30
32
14
33
15
33
15
35
15
36
15
16
38
41
16
41
17
42
42
11
43
17
17
45
17
47
PRELIMINARY SUMMARY FOR APRIL
The dollar volume of business in April, based on
weekly figures covering check payments, was larger
than a year ago. The movement of goods into consumption, as seen from data on carloadings, was also
larger than a year, ago, establishing a record for this
time of year. Production of bituminous coal showed
a falling off from both the preceding month and April
of last year, due to labor conditions within the industry. The output of crude petroleum reached a new
high point for the month. Production of beehive coke
was lower than in either the preceding month or the
same month of the preceding year. Although lumber
output was greater than in March, the cut was substantially lower than a year earlier. New building
contracts awarded during the early weeks of April
were running higher than in the corresponding period
of either the preceding month or April of a year ago.
Wholesale prices continued to decline during April,
both as compared with the preceding month and the
44324—27
1
corresponding month of 1926, again touching their
lowest point reached within the last five years. Loans
and discounts of Federal reserve member banks showed
little change from the preceding month but were
substantially greater than a year earlier. Prices of
stocks on the New York Stock Exchange averaged
higher than in the preceding month or April a year
earlier, with bond prices making similar comparisons.
Interest rates on call loans were generally higher
than in either the previous month or April of last year.
Time money rates, however, though showing no material change from the previous month, were lower than
last year. Loans to brokers and dealers by Federal
reserve member banks in New York City continued
to expand. The Federal reserve ratio was somewhat
higher than in the previous month. Business failures
during April were less numerous than in March but
greater in number than a year ago.
MONTHLY BUSINESS INDICATORS, 1920-1927
[Ratio charts—see explanations on inside front cover. The curve on bank debits has been adjusted for normal seasonal variations and that on manufacturing production
for the varying number of working days in the month]
I
i
I
i
FARM PR ICES (OEPI OF AGRICULTURE)
MANUFACTURING PRODUCTION
(64 COM MODI TIES;
AUTOMOBILE PRODUCTION
( PASSENGER CARS AND TRUCKS)
BUSINESS FAILURES
DEFAULTED LIABILITIES
1920
192!
1922 1923
1924 1925 1926 1927
II
I I I II
I I I . I ! 1 I t I I I M 1 I II
i
1921 1922 1923 1924 1925 1926 1927
MONTHLY BUSINESS INDICATORS
The following table gives comparative relative numbers for a selected list of important business movements. It is believed
that this table will prove useful, because it segregates from the large mass of material a comparatively small number of items which
are often regarded as indicative of business in general.
The table has been divided into two parts, the first containing those items for which relative numbers can be calculated, using
1913 as a base. The second part contains items for which comparable data back to 1913 are not available. This latter group of
relative numbers is calculated by letting the 1919 monthly average equal 100. Care should therefore be exercised in comparing the
absolute value of the two sets of data. In either group, however, the upward or downward trend of the relative numbers, compared
to previous months, does reflect the present tendency in each item and will give a basis for business judgment.
I
1926
1925
MONTHLY AVERAGE
1927
ITEM
1920 1931 1922 1923 1924 1925 1926 Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.j Jan. Feb. Mar.
1913 monthly average =100
Production:
Pig iron
120
Steel ingots ...
135
Copper .
. ... 99
Cement (shipments)
108
Anthracite coal
98
Bituminous coal
119
Electric energy (gross revenue sales). 283
Crude petroleum
178
Cotton (consumption)
105
Beef
119
Pork
113
Unfilled orders:
United States Steel Corporation
170
Stocks:
l
Crude petroleum
143
Cotton (total)
155
Price:'
Wholesale index
.. . .
226
Retail food
203
Retail coal, bituminous
207
Farm products
205
Business finances:
Defaulted liabilities. .
108
Price 25 industrial stocks
184
Price 25 railroad stocks
67
Banking:
Clearings, New York City
257
Clearings, outside ...
275
Commercial paper interest rate
134
Distribution :
Imports (value)
294
Exports (value)
331
Sales, mail-order .
. . 264
.
Transportation :
Freights, net ton-miles
137
54 87 130 101 118 127 127
64 114 144 122 146 156 158
38 80 120 128 136 141 135
107 131 153 164 177 182 94
99 60 102 96 68 93
3
87 88 118 101 109 121 132
312 349 407 434 470 535 558
189 224 295 287 304 309 294
97 109 117 99 115 120 124
113 126 130 133 138 144 152
117 130 160 151 128 127 162
266
257
272 276
239 210
152
161
161
139
152
160
160
139
147
159
183
126
146
156
181
127
145
154
179
126
131 146 143 200 225
296 283 295 308 301
120 114 117 121 122
206
311
127
254
324
128
264 300 307 342 344 272 356 329 297 307 302 275 271 309 282 339 324
284 320 327 354 344 291 342 327 319 332 337 307 315 345 319 344 329
71
73 77 79 79 75 78 76 72 70 72 78 80 82 80 79 75
292
291
70
364
340
72
73
64
83
78
74
65
61
369
111
290 269 278 278 274 274 273
129 177 237 227 213 192 167
85
59
61
60
149
142
188
124
154
146
190
135
150
146
169
134
159
145
167
147
156
164
179
143
155
162
179
143
152
160
170
140
229 228
136 169
64 75
197
185
72
198
198
81
162 149 160 191
262 285 305 309
99 112 111 111
150
309
109
134 169 147 129 130 123
272 249 253 268 280 296
105 104 106 111 113 116
151
160
172
136
156
166
179
143
140 177 212 201 236 248 266
181 154 168 185 198 193 226
188 204 259 284 327 349 473
115
139
364
149
132
146
268 265 265 265 264 264 265
119 98 85 137 217 260 267
147
153
197
116
105
136
181
134
150
80
151
271
143
171 265 311
198 153 125
205 230 226
212 230 276
118 80 90
126 121 121 115
148 138 151 152
146 141 148 134
153 87 81 91
98 99 86 77
150 145 143 133
569 595 620 567
336 348 345 328
126 130 130 127
155 150 135 122
119 151 164 128
64
68
96
114 134 135 136 126 126 125 123 130
151 178 163 156 149 145 159 156 162
132 147 143 143 139 140 140 141 146
79 129 175 243 259 254 251 245 237
27 115 108 106 117 111 108 111 114
117 116 101 98 105 109 116 123 137
559 545 537 506 499 489 491 509 543
264 293 290 302 298 313 321 315 333
121 137 124 111 111 99 108 123 122
120 136 137 139 150 136 140 164 166
127 136 120 119 136 129 118 100 101
67
102
90
130
164
138
77
2
135
578
288
125
139
168
131
139
149
139
151
162
168
140
279 259 296 266 215 225
192 170 181 187 172 163
336 322 357 344 299 309
138
130
141
133
146
144
151
157
160
136
149
156
162
133
61
151
159
170
134
62
150
160
177
130
64
148
162
188
130
147
162
187
127
227 225 230 252 250 241
178 186 216 220 232 225
284 286 336 417 425 471
153
61
60
240 208 252
203 180 198
313 312 365
160
162
177
159
147
143
136
19 19 m on thl y average = 100
Production :
Lumber 3
Building contracts
Stocks:
Beef
,
Pork
Business finances:
Bond prices (40 issues)
Banking:
Debits outside New York City
Federal ReserveBills discounted
Total reserves
Ratio
102
72
86
69
117
102
133
106
129
108
141
138
136
133
127
137
113
117
130
90
146
150
142
155
148
153
148
142
139
125
143
141
141
139
143
135
127
131
113
119
106
95
115
99
127
158
66
98
42
83
29
70
32
91
34
90
34
82
27
70
36
56
34
67
33
74
30
78
25
76
22
74
21
78
19
86
18
84
20
67
26
52
36
47
43
57
40
72
37
81
33
90
86
87
107
104
108
112
116
112
114
115
115
116
117
117
117
117
116
116
118
119
119
119
120
114
91
95
107
108
121
127
137
134
114
133
128
122
128
135
118
121
135
123
139
133
118
137
132
97
80
91
122
122
28
144
154
39
146
152
19
146
160
26
134
149
30
135
148
39
129
134
23
135
149
28
133
147
33
133
146
27
135
151
24
136
151
27
136
150
27
137
152
32
135
148
37
134
145
33
135
147
33
135
144
37
134
140
19
143
159
22
144
156
24
145
157
* Data since January, 1925, cover only stocks east of California, and hence are not directly comparable with figures for earlier periois.
* Wholesale and retail prices from Department of Labor averaged for the month; farm prices from Department of Agriculture.
3
Based on the total computed production reported by 5 associations. Includes southern pine, Douglas fir, western pine, North Carolina pine, and California whitepine. The total production of these associations in 1919 was equal to 11,401,000,000 board feet, compared with a total lumber production for the cctmfrry af!34j552|QQO,:300;
board feet reported by the census.
WEEKLY BUSINESS INDICATORS
[Weeks ending Saturday. See table on page 5]
WEEKLY AVERAGE, 1923-1925 INCLUSIVE* 100
Bl FUMINO US
160
IAN,
AAR] APR.
IM MM
•EB.
CO/^L, P ROC)UC TIONf
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COTTON RECEIPTS
(
TIME MONEY RATES
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325
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HOG RECEIPTS
PE TROLEUM PRODUCTION (DAILY AVERAGE)
150
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120
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125
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150
125
70
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OCT. MOV. DEC.
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\UG.
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DEBITS TO 1 NDI VI DUAL AC 30 LJNTS
C ONT RAC5TS
JUN. JULY
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JAN FEB MAP(JAPR. MAY JUN JULY AUG SEP
*
III!
OCT.
MOV
DEC.
WEEKLY BUSINESS INDICATORS
76.5
76.5
76.5
73.2
94.2
94.2
94.0
94.0
102.7
102.1
100.8
100.1
111.8
112.1
111.7
111.5
96.1 120.2 112.1 105.7 141.1
95.7 111.9 118.2 105.7 141.9
95.1 110.4 115.1 108.6 140.1
95.5 97.7 127.3 111.4 137.0
105.3 127, 3
105.3 93.6
105.4 117.4
105.3 102.7
Mar
6
13
20
27
107.3
109.7
105.3
98.8
104.5
106.4
109.5
112.7
107 8
107 3
107.3
102 0
92.2
92.9
92.6
92.8
100.6 92.2
100.9 103.7
101.9 144.8
100.9 136.2
47.8
38.3
44.0
44.0
61.9
59.2
61.5
64.6
79.7
82.0
84.5
87.0
88.8
81.7
84.3
77.3
120.4
119.0
123.2
112.7
71.7
72.1
71.0
71.0
94.0
94.0
93.9
93.9
99.1
98.7
98.9
97.6
112.1
111.3
111.6
111.6
94.4
96.2
97.5
95.9
130.2
110.5
121.2
110.9
104.9 118,9
105.0 120.6
105.1 96.3
105.0 108.8
Apr
3
10
17
24
92.8
96.7
95.5
95.1
111 4
110.5
113.6
112 7
95 5
93 1
95.1
93 1
93.5 96.8 143.1
93.4 96.9 179.8
93.1 100.6 160.9
93.9 101.5 111.5
32.8
41.2
35.1
44.3
51.9
46.9
43.5
38.8
68.7
73.1
80.7
87.3
59.0
67.8
73.7 118.3
73.5 123.2
71.3
71.0
70.6
69.5
93.9
93.1
93.1
92.9
97.7
97.0
97.6
97.3
112.4
111.7
111.2
111.0
94.7
96.3
94.2
98.1
112.5 115. 1 108.6 116.2 104.9 97.3
120.7 97.0 105.7 119.0 105.3 98.5
114.5 109.1 102.9 116.7 105.8 106.9
117.6 84.8 97.1 119.8 106.1 116.5
93.6
92.7
95.4
95.2
99.4
106 4
104.5
106.4
107 3
108.6
85
86
82
88
79
7
5
9
2
2
95.5
95.7
96.0
95.4
96.5
143.3
144.3
127.6
164.7
145.9
47.2
44.2
38.9
45.3
60.8
44.6
39.2
40.0
35.8
36.5
97.5
96.5
85.8
85.4
94.3
77.5
73.3
65.5
71.0
77.5
116.2
117.6
119.0
116.2
116.9
69.5
70.6
69.9
69.1
69.5
92.7
92.7
92.6
92.1
91.8
96.7
97.3
98.0
98.4
98.2
111.6
112.1
111.7
111.2
111.0
97.7
96.1
97.7
97.3
98.1
106.4
121.8
108.6
113.9
107.8
93.9
93.9
90.9
97.0
97.0
91.4
91.4
91.4
94.3
94.3
122.3
120.4
119.5
119.9
122.5
106.3
106.1
106.4
106.4
106.5
121.1
99.0
102.9
101.5
106.6
88.9
98.8
97.5
101.0
100 5
107.3
109.5
104 5
79
80
75
76
6
0
1
3
96.4 98.7 108.0
96.7 110.6 130.8
96.5 108.9 116.4
97.0 110.8 130.6
46.3
46.7
44.2
71.4
33.1
30.8
24.6
16.5
94.0
91.5
92.7
84.5
74.6
90.6
74.6
70.3
104.2
109.9
108.5
102.1
69.1
66.9
67.6
68.4
91.4
91.0
90.8
90.8
97.7
98.9
98.0
97.8
111.7
111.3
112.5
111.6
95.9
97.5
96.8
98.1
106.2 100.0
110.2 97.0
117.8 90.9
111.6 103.0
94.3
94.3
97.1
97.1
123.6
124.2
128.0
128.8
106.4
106.5
108.5
106.4
83.8
92.9
98.3
98.3
66.5 97.8
71 8 97.6
74 3 98.6
69 4 99.4
71 8 101.6
111.9
94.0
113.0
113.2
115.0
108.9
137.1
141.2
116.3
163.6
110.7
173.6
179.4
242.5
323.5
18.6 94.9
13.1 88.6
20.0 102.5
20.0 93.4
25.4 92.7
71.0 95.1
69.6
66.1 104.2
69.8 101.4
67.2 102.8
67.3
70.2
68.4
69.5
70.6
91.2
91.2
91.0
91.0
90.8
96.7
97.1
96.7
95.9
95.3
113.1
112.5
112.1
111 9
111.8
97.2
94.6
96.6
98.1
95.0
115.1
118.2
117.4
117.8
105.4
115.1 94.3 129.9 106.3
109.1 97.1 131.3 106.3
103.0 100.0 132.8 106.2
97.0 100.0 131.6 106.0
106.1 102.9 133.4 105.9
91.2
75.2
87.0
88.2
97.5
22 7 74 4
43 8 97 5
53 5 101.3
61.2 102.2
69 8
66 1
66 9
59.0
97.9
96 5
95 8
95.8
69.5
65 4
66 9
70.2
90.8
90 8
90 8
90.8
95.1
94 8
94.7
95.3
112 6
112 9
112 5
112 6
97 3
97 2
96 9
97.3
115 5
106 0
111 4
102.5
109 1
109 1
109 1
115.1
102 9
105 7
108 6
108.6
135 6
137 5
138 7
137.2
106.2
106 2
106 0
106.0
92.1
91 2
88.9
89.9
92.6
73.5
80.3
82 6
May 1
8 .
15
22
29
June 5
12
19
26
July
3
10
17
24
31
Aug.
7
14
21
28
_ .
,, 97.4 100. 5
. .. 85.2 80 9
103.8 102.3
104.1 99 1
108.2 104.5
.
104.1
109.1
108.1
115.1
Sept. 4..
11lS
25
Oct.
2
9
16
23
30
- .__
103.8
103,9
107.4
108.4
112.8
Stock prices
Call-money rates
112.1
103.0
103.0
118.2
111.4
111.4
105.7
105.7
129.6
131.8
128.2
122.4
Business failures
135.2
128.9
126.1
127.5
Bond prices
Federal reserve ratio
92.9
92.3
77. 8
79.7
Time-money rates
Bank loans and
discounts
86.4
84.2
77.5
81.0
1
ti
Debits to individual
accounts
Wh olesale price
index
91.5
88.5
79.2
64 2
ap
Price of iron and
steel (composite)
54.3
51.1
63.6
42.4
!
•3
Price of cotton
middling
Receipts of hogs
95.4 80.8
95.7 66.7
97.2 89.1
95.2 127.2
§
Price of No. 2 wheat
Receipts of cattle
91.5
91.4
91.4
92.5
Receipts of wheat
'
149.8
147 8
144 1
130 6
Building contracts
103.2
105.5
103.2
102.3
Carloadings
124.8
123.2
118.1
111.7
Feb.
Petroleum
production
Beehive coke
production
1926
6
13
20 .
27
WEEK ENDING
SATURDAY 2—
Bituminous coal
production
Lumber production
[All data are given as relative to the weekly average for 1923 to 1925 as 100]
105 5
106 4
105 5
108 2
67
66
74
73
8
5
7
9
102 8
103 8
104.2
104.5
113 0
115 7
113.6
118.5
105.3
131 8
131.6
171.4
296.8
235 2
175.5
137.0
113.0 104 5
105.2 95 0
117.5 104 5
120.2 106 4
75
74
80
80
1
3
0
4
105.4
104.8
104.3
104 2
120.1
107.5
123.8
123.4
125.7
167.7
140.5
156.2
162.1
153.2
147.6
122.4
101.9
113 8
195.4
249 2
122.2
119 9
132.0
139 2
59.9
59 8
63.2
59 5
93.7
94 4
96.5
96.5
68.8
68 0
62.9
55 9
90.8
90 7
91.3
91 5
95.0
95.6
95.4
95 1
113 5
113 6
114 5
114 1
96.0 102.3 115.1
95 9 92 2 121 2
92.4 115.6 121.2
94 3 119 1 127 3
111.4
111 4
111.4
114 3
137.2
140 1
138.8
139 0
106.2
106 2
106.1
106 0
123.2
126.9
127.1
130.4
138.4
75
84
82
81
80
i
9
0
6
0
105 3
105.8
107 2
109.7
111 9
123.7
123.6
126.2
126.1
126 9
150.7
122.6
161.6
138.6
146 4
116.0
109.6
91.8
109.3
118.0
321 5
360.4
359 2
353.5
328 1
129 1
144.9
140 8
141.8
149 4
58 6 97 9
63.5 96.5
66 3 97 9
74.0 100.0
78 9 100 7
52 6
48.2
50 0
46 3
46 7
91 4
91.4
92 1
92.1
92 2
95 4
94.9
95 3
95.5
96 5
115 2
115 3
115 3
115 o
114 5
93
95
94
95
95
7
1
3
6
0
108 5
130 3
107 7
131 9
115 8
133 3
115.1
124 2
103 0
109 1
114 3
114.3
117 1
114.3
111 4
140 5
136.3
134 4
132 9
134 6
105 8 81 8
105.8 96.1
106 0 92 1
105.8 105.9
106 3 105 7
103 2
106 4
105 5
103 2
105 5
Nov. 6
13
20
27
134.5 102 3 78 4
141.7 99 1 82 4
146.5 99 1 83 7
137.6 88 2 80 8
113. 2 118.6 127.7 104.1 320.0 123.7
112.5 116.1 121.3 96.6 307.7 137 0
113 8 112 5 119 1 77.2 305 4 131 3
114 8 98.3 163.0 73.8 278.1 96 8
79.5
85.1
79 4
75.0
99.3
97.9
95 8
97.2
46.7
48 2
47 8
48 2
92.5
92 8
92 9
93 0
98.8
98.4
96 0
96.2
115.0
114 5
114 3
114 6
93.9
95 5
95 1
94 6
111.8
115 5
118 2
112 2
109.1
106 1
112 1
115 1
108.6
105 7
105 7
105 7
136.2
138 1
138 2
140 4
106. 6 94.3
106 7 103 9
106 9 112 3
107 1 97 5
Dec.
4
11
18
25
150.6
144.6
138.3
107.6
98
96
90
75
2
4
0
9
78
75
71
59
0
1
8
g
114 7 110.4 83.9
115.0 104.2 117.4
115 1 99. 1 176.0
115 3 80 6 90 9
68.5
71.4
61.8
50 2
281.5 110 8
260.8 101.9
237.7 103 5
203 5 71 5
96 8
99.7
90 0
78 7
97.2
98.6
97.9
44 5
45.2
46 3
47 8
92.9
92.4
92
3
Q
21
96.2
95.9
94 7
94 3
115 0
114 8
115 1
115 5
93 2
93.0
89 9
88 9
108 8
114.5
118 7
126 7
118 2
118.2
118 2
136 4
105 7
105.7
105 7
105 7
140 9
142.4
144 4
145 2
107 1
107.2
107 3
107 4
113 8
114.5
103 9
120 6
Jan.
1
8
15
22.
29
109. 9
136.0
139.3
138.3
138.9
53
75
85
86
82
2
9
9
8
7
70
69
73
75
77
2
4
9
9
6
114.6
114 7
114 8
114.7
113 8
77.2 138.5
98.1 107 4
99 1 97 3
98.3 89.6
99 2 118.4
53.0
59.0
60 0
58.4
65 1
191.5
133.5
150 8
159.6
140.8
64.2 71.6
87 3 100 9
93 0 110 6
94 9 98 9
87 7 97 7
97.9
95 1
97.2
98 6
47
48
49
50
50
92.0
92 0
91 3
90 5
90 3
94.0 116 6 90
93 9 116 7 91
93 4 115 4 97
94! o 114 2 99
93 3 113 6 102
106 1
143 2
120 4
119 4
111 1
133 3
115 1
103 0
100 0
97 0
105
102
102
102
102
7
9
9
9
9
144 4
142 2
142 9
143 0
141 0
107 3
107 5
107 8
108 0
108 0
109 1
121 4
142 8
150.4
146 7
139.4
138.4
135.4
131.0
88
90
94
92
2
£
1
3
76.3
76 7
78 0
77.1
115.3 101.3 77.9
118 2 101 0 99 7
118 7 100 2 112 2
119.3 96.3 134,6
77.6
62 5
72 5
55.5
122.3
120 4
105 8
119.2
84
78
83
82
92
92
91
91
Mar. 5
]2_
19
26
136.1
141.4
133 6
137.2
90 0
92 3
93 2
92.3
76 3
79.6
83 7
81.6
118 3
118. 1
118.2
118.2
Apr.
113.4 90.9
84 7 $7 3
82.1 97.3
81.4 90.0
80.0
78 8
71.8
72.2
119.0 103.5 153.6
119 0 100 1 187 2
117.8 99.8 156.9
153. 1
119.0
182 5
1927
Feb.
.
5
12-19
26-. _
2
9
16
23
30
103 8 72 9
104.9 123.3
105.0 161.6
105.2 147.5
8
2
6
0
4
2
8
5
3
90 0
86 0
77 5
87.7
97.2
96 5
96 5
96.5
51 5
51 8
52 2
52! 6
90
89
89
88
57 7 96 9
61.8 103.8
51 1 97 7
31.8 88.5
76 6
76.9
78 2
79.1
82 0
81.8
85 1
76.9
96 5
95.8
94 4
93.0
53 3
52 2
51 8
52.9
83.8
65 8
69.6
76.5
70 4
83 5
80 7
79.4
86. 1
81.7
75 3
61.9
79.5
93.0
94 4
93.0
95.1
95.8
52 9
53 3
53.3
55.5
56 3
48 7
43 9
37.5
42.9
5
6
3
2
7
7
9
4
0
113 8
113 2
113 0
113 2
101 3
102 6
101 2
103 4
127 9 97
111 5 97
113 9 97
102 2 100
102 9
102 9
110 0
102 9
143 9
145 6
148 1
149 7
107 8
107 6
107 7
107 6
140 0
145 9
118 9
109.1
88 8
88 9
89 1
89.1
91 4
91 0
89 8
90.3
114 4
114 3
115 1
114.9
101 3
102 8
101 9
102.2
134 2 100 0 100 0
114 4 97 0 102 9
123 7 97 0 102 9
118 7 106 1 102 9
150 3
150 3
152 2
152.1
107 5
107 7
108 0
108.4
117 9
113.8
115 5
120.9
89 1
88 9
88.9
88 5
88 5
90 3
90 7
90.' 2
89 8
89 8
114 9
115 2
114.8
114 5
114 s
101 7
102 8
101.7
102 6
10° 6
110 0 109 1 102 9 154.3
129 8 109 1 97 1 157 6
117.9 ioai 100.0 159.7
118 2 97 0 102 9 161. 3
114 4 103 0 100 0
108.6
108 8
108.7
108.7
108 6
121.4
107 9
114.5
106.9
117.4
1
5
2
7
0
0
0
0
* Sources of data are as follows: Bituminous coal and beehive coke production from U. S. Department of Commerce, Bureau of Mines; Lumber production, based on four
asspciations, from the National Lumber Manufacturers Association; Petroleum production (crude) from American Petroleum Institute; Loadings of freight cars from American
Railway Association; Building C9ntracts from F. W. Dodge Corporation; Receipts of wheat from Bradstreet's; Receipts of cattle and hogs from U. S. Department of Agriculture,
Bureau of Agricultural Economics; Receipts of cotton from New Orleans Cotton Exchange; Wholesale prices (Fisher's index), based on 1923-^4 as 100, from Professor Irving
Fisher; Price of cotton, middling, from New York Cotton Exchange; Price of iron and steel, composite, from Iron Trade Review; Price of wheat, No. 2, red, cash, from Chicago
Board of Trade through U. S. Department of Agriculture, Bureau of Agricultural Economics; Loans and discounts of member banks and debits to individual accounts from
Federal Reserve Board; Call-money and Time-money rates, and Bond prices from Wall Street Journal; Stock prices from Annalist; Business failures from R. Q. Dun &
Company.
2
The actual week for all items does not always end on same day.
6
WHOLESALE PRICES FOR SPECIFIED COMMODITIES
[Relative numbers, 1926 monthly average taken as 100. March, 1927, is latest month plotted]
FLOUR, WINTER
WHEAT, WINTER
120
*•
.. •• .
100
MM
80
.
MM
v«
X
..
..
*S
,.
*•
mm
B€EF, CARCASS
^ CATTLE, STEERS
120
OATS
CORN, NO. 2
HOGS,
HAMS, SMOKED (CHICAGO)
HEAVY
IF'
0
100
..
tf
T™ •MM
. ••
'••<
*•
**
*•
.
0.*
^
*•
»*
^?
•• /
.•
*
•• •.
..
;iMM
••,
80
SUGAR, RAW
160
SUGAR, GRANULATED
RUBBER, CRUDE
COTTONSEED OIL
\
140
"
120
•">•*•
.»
100
.•
»•
.. ..
**,
^..
**
••
*
'•
-
X
•«
••
80
\
''
.•'
\
*.
\
• -. ... ..
\
*
..<
... ^
•*• X
'-.,
60
*•
no
%t
1
* ••
£100
..
».,
•
,
" ••
§
«*•
..
*
1
••M •Mi
..
*'
...
HIDES, PACKERS
SILK, RAW
WORSTED YARNS
LEATHER, SOLE, OAK
...
,.., ..
'•
'•
*•
mm
•Ml
80
*•
••, ..•
•*
' "•
.. ••
**
•*
176, e
N
PIG IRON, FOUNDRY
•••
COPPER INGOTS
9
••
90
••
.. ... •••
SI
**
• •' • •'
•.,
••"
••• -.
in n IN 1 i nI I
4.«
**>
•*'
'• .. .'
••'
•*•,
2
<
1926 5
•%
•,
•• H-
*.
...
••
••• *'
•»,
B RIC)K, COMMON, NEW YORK
CEMENT, LEHIGH
s
•
.*
"T*
4.
*»i •M
X
*"
LUMBER, PINE, SOUTHERN
..
**9
,9
•** X
STEEL BEAMS
no
90
ZINC
..
•^
100
TIN
• •<
100
••*
" •••, .., •• • •
\
60
/\
*»* •H
^
no
COKE
/
..
*
t*
80
isi4
•
.
,.
**
,
COAL, BITUMINOUS
PETROLEUM
Fit
•'
%
^
BOOTS AND SHOES, (ST. LOUIS)
100
80
•.
*•
"'
--
1
(BOSTON)
•.
•.
•
«* MMJ
<*
120
t
*•
70
100
•%
',
X
_i
Ul
<C 120
*•
-.
V
*,
WOOL, U GREASE
COTTON PRINT CLOTH
••
..
| 90
z
u« 80
P
•^
COTTON YARN
COTTON, RAW
120
...
...
1
%
'•• .., ..,
ij! t i 1 1 1' i I il i i f I i 1 1 i i I HI \
l§ i
WHOLESALE PRICE COMPARISONS
NOTE.—Prices to producer on farm products and market price of wool are from U. S. Department of Agriculture, Bureau of Agricultural Economics: nonferrous metals
from the Engineering and Mining Journal-Press. All other prices are from U. S. Department of Labor, Bureau of Labor Statistics. As far as possible all quotations represent prices to producer or at mill.
PER CENT
INCREASE (+) OR
DECREASE (— )
ACTUAL PRICE
(dollars)
Unit
COMMODITIES
March,
1927,
from
March,
1926
RELATIVE PRICE
(1913 average =100)
February, March,
1927
1927
March,
1926
March,
1927,
from
February,
1927
1.209
.652
1.270
.125
25.43
.0682
.1089
.1155
1.460
.666
2.256
.165
29.47
.0665
.1165
.1156
-1.5
-2.0
-5.3
+8.7
+13.6
+3.3
-2.7
+6.5
-17.2
-2.1
-43.7
-24.2
-13.7
+2.6
-6.5
-0.1
155
108
225
96
103
112
149
178
153
106
213
104
117
116
145
189
184
108
378
138
135
113
155
190
FebMarch,
ruary, March,
1927
1926
1927
FARM PRODUCTS-AVERAGE PRICE TO PRODUCERS
Wheat
Corn
Potatoes.. ._
Cotton
Cottonseed
Cattle, beef.
Hogs
Lambs
..
.....
Bushel
Bushel
Bushel
Pound .
Ton
Pound
Pound
Pound
1.228
.665
1.341
.115
22.39
.0660
.1119
.1084
Bushel
Bushel
Bushel
Bushel
Bushel
Bushel
Cwt
Pound
Pound
Cwt
Cwt
Cwt.
Cwt
1.40
1.37
.76
.48
.78
1.05
21.00
.140
.44
11.06
11.64
7.78
13.24
1.37
1.34
.73
.49
.78
1.00
21.00
.144
.44
11.92
11.01
8.00
15.06
1.63
1.68
.74
.41
.66
.84
25.00
.194
.48
9.69
11.49
7.70
12.73
-2.1
-2.2
-3.9
+2.1
0.0
-4.8
0.0
+2.9
0.0
+7.8
-5.4
+2.8
+13.7
-16.0
-20.2
-1.4
+19.5
+18.2
+19.0
-16.0
-25.8
-8.3
+23.0
-4.2
+3.9
+18.3
153
139
121
128
125
165
159
110
176
130
139
166
170
150
136
117
129
124
157
159
113
176
140
132
171
193
178
170
119
113
106
133
189
152
192
114
137
164
163
7.42
Barrel
6.54
Barrel
.049
Pound
.
Pound
.060
Pound . . .09
Pound
.170
.150
. . Pound
Pound
.273
7.33
6.58
.048
.058
.10
.170
.158
.270
8.81
7.88
.040
.049
.11
.160
.150
.295
-1.2
+0.6
-2.0
-3.3
+11.1
0.0
+5.3
-1.1
-16.8
-16.5
+20.0
+18.4
-9.1
+6.3
+5.3
-8.5
162
170
141
139
125
131
115
164
160
171
137
136
131
131
121
162
192
205
115
116
166
124
115
177
.306
.069
.081
1.38
.995
3.29
5.64
.145
.158
.45
.43
6.40
4.85
.312
.069
.081
1.38
.975
3.29
5.39
.140
.152
.46
.43
6.40
4.85
.384
.080
.098
1.50
1.05
3.51
6.03
.122
.170
.46
.46
6.40
5.00
+2.0
0.0
0.0
0.0
-2.0
0.0
-4.4
-3.4
-3.8
+2.2
0.0
0.0
0.0
-18.7
-13.7
-17.3
-8.0
-7.1
-6.3
-10.6
+14.8
-10.6
0.0
-6.5
0.0
-3.0
124
131
132
177
212
213
155
79
84
167
96
206
153
126
131
132
177
208
213
148
76
81
171
96
206
153
155
151
160
193
224
227
166
66
90
171
103
206
158
Short ton.. 3.64
Long ton... 11.48
Short ton. _ 3.70
1.700
Barrel
3.64
10.61
3.65
1.335
3.39
11.48
3.28
1.800
0.0
-7.6
-1.4
-21.5
+7.4
-7.6
+11.3
-25.8
166
216
152
182
166
200
150
143
154
216
143
193
Long ton- 20.26
Long ton... 18.00
Long ton- 33.00
Pound
.1268
.0742
Pound
Pound
.6653
Pound
.0667
20.26
18.40
34.00
.1308
.0758
.6783
.0669
22.26
20.00
35.00
.1386
.0839
.6347
.0733
0.0
+2.2
+3.0
+3.2
+2.2
+2.0
0.0
-9.0
-8.0
-2.9
-5.6
-9.7
+6.9
-8.3
127
122
128
83
170
153
121
127
125
132
86
173
156
122
139
136
136
91
192
146
133
40.04
Mfeet
17.19
Mfeet
Thousand.. 17.00
39.66
16.80
17.00
47.96
16.50
17.00
-0.9
-2.3
0.0
-17.3
+1.8
0.0
174
187
259
172
182
259
204
179
259
0.0
-2.6
+9.6
0.0
-3.0
-2.6
-36.2
+7.1
158
129
32
75
158
126
35
75
168
136
56
70
.
.........
. . . . . .
....
FARM PRODUCTS—MARKET PRICE
Wheat, No. 1, northern spring (Chicago) . ._
Wheat, No 2 red, winter (Chicago)
Corn, contract grade No. 2, cash (Chicago) .
Oats, contract grades, cash (Chicago)
...
Barley, fair to good, malting (Chicago)
.
Rye, No. 2, cash (Chicago)
Tobacco, burley, good leaf, dark red (Louisville)
Cotton, middling upland (New York)
. . .
Wool, & blood, combing, Ohio and Pennsylvania fleeces (Boston)
Catile, steers, good to choice, corn fed (Chicago)
. ...
Hogs, heavy (Chicago)
Sheep, ewes (Chicago).. . .
. . . .
Sheep, lambs (Chicago)
.
FOOD
Flour, winter straights (Kansas City) _ _
. ..
Sugar, 96° centrifugal (New York)
Sugar, granulated, in barrels (New York)
. .
Cottonseed oil, prime summer yellow (New York)
Beef, fresh carcass good native steers (Chicago)
Beef, fresh, steer rounds No. 2 (Chicago)
Pork, smoked hams (Chicago)
CLOTHING
Cotton yarns, carded, white, northern, mule
spun, 22-1 cones (Boston)...
Cotton-print cloth, 27 inches, 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, wool, dyed blue, 55-56 inches, 16-ounce Middlesex (N. Y.)
Silk, raw, Japanese, Kansai No. 1 (New York)..
Hides, green salted, packers' heavy native steers (Chicago)
Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago) _ . .
Leather, chrome calf, dull or bright "B" grades (Boston)
._
Leather, sole, oak, scoured backs, heavy (Boston) . _ _ _ _ .
Boots and shoes, men's black calf, blucher (Massachusetts)
Boots and shoes, men's dress welt tan calf (St. Louis). . . . . . .
Pound
Yard
Yard
Pound
Yard
Yard
Pound
Pound
Pound
Square foot.
Pound
Pair
Pair
FUEL
Coal, bituminous, mine-run "Kanawha (Cincinnati) ... .
Coal^ anthracite, chestnut (New York tidewater)
Coke, ConnelJsville (range of prompt and future) furnace —at ovens
Petroleum, crude, Kansas-Oklahoma—at wells...
...
METALS
Pig iron, foundry No. 2, northern (Pittsburgh) . ., _
Pig ron, basic, valley furnace
Steel billets, Bessemer (Pittsburgh)
Copper ingots, electrolytic, early delivery (New York)
Lead, pig, desilverized, for early delivery (New York)
Tin, pig, for early delivery (New York)
Zinc, slab, western (St. Louis) .. .
..
..
.
BUILDING MATERIAL AND MISCELLANEOUS
Lumber, pine, southern, yellow flooring, 1 x 4, "B" and better (Hattiesburg district) .. ...
Lumber, Douglas fir, No. 1, common s 1 s, 1 x 8 10 (Washington)
Brick, common red, domestic building (New York) ..
Cement, Portland, net without bags to trade, f. o. b. plant (Chicago
district)
Steel beams, mill (Pittsburgh)
Rubber, Para, Island, fine (New York)
Sulphuric acid 66° (New York).
Barrel
Cwt
Pound
Cwt
1.60
1.95
.261
.75
1.60
1.90
.286
.75
1.65
1.95
.448
.70
8
PIG IRON PRODUCTION AND UNITED STATES STEEL CORPORATION'S UNFILLED ORDERS
[March, 1927, is latest month plotted]
14,000
600
1919
1920
1921
1922
MINERAL PRODUCTION AND RAILROAD TON-MILEAGE
[Relative numbers, monthly average, 1923-1925 taken as 100]
LOCOMOTIVE SHIPMENTS AND UNFILLED ORDERS
[March, 1927, is latest month plotted]
4,000
2,000
1927
9
BUSINESS SUMMARY
Index and relative numbers based on the 1919 monthly average as 100—except unfilled orders, which are based on the 1920 average enable comparispns to be made'of the
relative condition of the several phases of business. The use of index and relative numbers is more fully explained on the inside front cover, while further details are
given in the table entitled "Indexes of Business" on pages 18 to 20]
192«
YEARLY AVERAGE
1923
PRODUCTION:
Manufacturing (64 commodities—adjusted)1
Raw materials, total
Minerals .
Animals products
Crops
Forest products
Electric power
Building (floor space).
*STOCKS (45 commodities;
seasonal adjustment)
UNFILLED ORDERS (relative to
1920)
SALES (based on value) :
Mail-order houses (4)
Ten-cent chains (5 chains).
Wholesale trade..
Department stores
PRICES (recomputed to 1919
base) :
Producers', farm productsWholesale, all commodities
Retail food
_ . ._
Cost of living (incl. food) _
CHECK PAYMENTS (141 cities—
seasonal adjustment)
FACTORY EMPLOYMENT... __
TRANSPORTATION :
Net freight ton-miles
Carloadings
Net available car surplus.
1924
1925
1926
January February
PER CENT INCREASE (+)
OR DECREASE (— )
1927
March
January February
March
March,
1927
from
February,
1927
March,
1927
from
March,
1926
119
114
136
117
102
121
144
106
113
119
126
117
118
119
152
108
126
117
133
113
111
126
169
138
128
121
142
114
117
119
188
133
123
111
122
107
109
108
189
117
130
92
113
95
79
114
173
90
132
97
130
113
70
126
191
150
117
122
147
111
121
97
207
95
129
108
137
99
103
103
188
99
136
113
152
118
94
114
+ 5.4
+ 4.6
+ 10.9
+ 19.2
-9.6
+ 10.7
+ 3.0
+ 16. 5
+ 16.9
+ 4. 4
+ 34.3
-9.5
158
+ 59.6
+ 5.3
119
137
146
174
170
171
168
182
198
196
-1.0
+ 16.7
74
52
56
50
61
57
55
47
48
50
+ 4.2
-9. 1
99
165
83
124
105
185
82
125
118
209
84
131
123
229
84
136
116
166
78
114
111
170
76
104
130
199
85
130
108
177
75
114
107
191
73
106
132
213
83
128
+ 23.4
+ 11.5
+ 13.7
+ 20.8
+ 1.5
+ 7.0
-2.4
-1. 5
65
75
78
94
64
73
78
95
70
77
84
98
65
73
86
98
68
76
88
99
68
75
87
99
67
74
86
98
60
71
85
97
61
71
84
96
60
70
83
95
-1.6
-1.4
1. 2
-1.0
-10.4
-5.4
-3. 5
-3. 1
103
93
110
84
127
84
135
85
139
85
140
86
149
87
140
82
150
84
155
84
+ 3.3
0.0
+ 4.0
-3.4
115
119
25
108
116
139
115
122
146
123
127
124
114
127
152
107
105
126
117
111
149
119
130
157
113
110
166
115
150
+ 4.5
-9. 6
+ 3.6
+ 0.7
i See p. 28, January, 1925, issue (No. 1), for details of adjustment.
* Revised.
COURSE OF BUSINESS IN MARCH
GENERAL CONDITIONS
Manufacturing production in March, after adjustment for differences in working time, reached a new
high level. Stocks of commodities, with correction for
seasonal conditions, declined from the previous month
but were higher than a year ago. Unfilled orders
for manufactured commodities, principally iron and
steel, and building materials, showed an increase over
the previous month, but were lower than a year ago.
The production of raw materials was greater than
last year. New contracts awarded for building construction were greater than in either the previous
month or March, 1926. Although the production of
passenger automobiles was greater than in February,
the output was smaller than a year ago.
Factory employment showed no change from the
previous month but was smaller than a year earlier.
Check payments, indicative of the general volume of
trade, after adjustment for seasonal variations were
44324—27
2
higher than in either the preceding month or March
1926. Freight carloadings were greater than a year
ago. The dollar volume of wholesale trade, although
higher than in February, was smaller than in March
of last year. Retail sales by mail-order houses and
10-cent chain stores were higher than in either the
preceding month or March, 1926. Department-store
trade, although lower than last year, was higher than
in February.
Wholesale prices averaged lower than in either the
previous month or March of last year with a similar
comparison in the cost of living. Prices of stocks,
both industrial and railroad, continued to average
higher. Interest rates on time money, although
higher than in February, were lower than a year ago.
Defaulted liabilities of failing business firms were
higher than in either the preceding month or March,
1926.
10
SUMMARY OF INDEXES OF BUSINESS
PRODUCTION
cent were registered in the production of manufactured foodstuffs, textiles, leather, chemicals and oils,
and stone and clay products.
The output of raw materials was greater in March
than in either the preceding month or March a year
earlier, increases being registered over both periods in
the output of minerals and in the marketing of animal
products. Marketings of crops, although smaller than
in the preceding month, were substantially greater than
a year ago, while the output of forest products, though
showing an increase over February, was smaller than
a year earlier.
Manufacturing production, after adjustment for
differences in working time, reached the highest point
on record, all industrial groups showing gains over both
the preceding month and March of last year, except
lumber, paper and printing, and nonferrous metals,
which declined from last year. Manufacturing activity, with no adjustments for differences in working
time, showed an increase of 18 per cent over the previous month and 3 per cent over last year. As compared with a year ago, increases of more than 10 per
COMMODITY STOCKS
Stocks of commodities held at the end of March,
after adjustment for seasonal conditions, were lower
than in February, but substantially larger than a year
ago. Stocks of raw foodstuffs, although showing a
decline from the previous month, were more than 25
per cent greater than a year earlier. Stocks of other
raw materials, though showing a decline from February, were likewise substantially higher than last
year. Although manufactured foodstuffs were held
in larger quantities than in February, inventories were
considerably smaller than a year earlier. Stocks of
other manufactured commodities, though smaller than
in the previous month, were higher than in March,
1926. The unadjusted index of stocks also showed a
decline from the previous month and a substantial
gain over last year.
RELATIVE PRODUCTION, STOCKS, AND UNFILLED ORDERS FOR MANUFACTURED COMMODITIES
[1920 monthly average=100. Adjustment has been made for both stocks and production for their respective seasonal movements. Unfilled orders are principally
those of iron, steel, and building materials. March, 1927, is latest month plotted]
1 | 1 1 j 1
^Vv
^
PRODUCTION 64 COMMODITIES
' ORDERS 8 COMMODITIES
^
1 I 1 1 1 1 ! 1 1 1 1
1924
SALES
The index of unfilled orders for manufactured commodities, principally iron and steel and building
materials, showed an increase over the previous month
but a decline from a year ago. Unfilled orders for
iron and steel showed no change from last month,
while building materials showed a substantial gain.
As compared with a year earlier, orders for steel were
substantially lower, while building materials showed no
change.
Mail-order sales were higher in March than in either
the preceding month or March, 1926. Sales by 10cent chain stores showed similar comparisons with
both prior periods. Other chain-store systems, including music, grocery, drug, cigar, candy, and shoe
chains, showed gains also over the previous month.
As compared with a year ago, however, declines w^ere
registered in sales by shoe and music chains, other
systems showing increased business. Departmentstore trade, although lower in dollar volume than
last year, was substantially greater than in February.
Merchandise stocks of department stores were the
same as a year ago. Wholesale trade, though showing
larger sales volume than in February, was smaller
than a year ago, all lines declining from last year
except hardware, which increased slightly.
11
PRICES
The wholesale price index continued to decline in
March, being 5 per cent lower than in March of 1926,
with all groups entering into the index showing declines
from both the preceding month and March of last
year, except metals, which increased over February,
1927. As compared with a year ago, price declines
of more than 5 per cent were registered in building
materials, chemicals, cloths and clothing, and sundry
miscellaneous items, with the smallest decline in foods.
Reclassified, the general price index showed declines
from both the preceding month and March a year
earlier in all classes, with the greatest declines from
both periods occurring in prices of producers' goods.
Commercial indexes of wholesale prices showed no
change from the previous month but were generally
lower than in March, 1926.
The index of prices received by farmers declined
from both the previous month and March of last year.
As compared with February, prices for meat animals
and cotton averaged higher, other groups declining.
As compared with last year, all groups were lower in
price, with the greatest declines occurring in fruits and
vegetables and cotton and cottonseed.
Retail prices for food and fuel were lower than in
the preceding month with food prices also showing a
decline from March, 1926. The general cost-of-living
index was lower in March than in either the previous
month or a year earlier, all items showing declines
from both periods except light, which averaged higher
than in either February or a year ago, and shelter and
clothing which showed no change from the preceding
month.
WHOLESALE PRICES FOR FOODS
[March, 1927, is latest month plotted]
240
220
100
EMPLOYMENT
Factory employment in March, although showing
no change from the preceding month, was lower than
a year earlier, declines in the number of employees in
food factories being sufficient to offset increases in
chemicals, stone, clay, and glass, nonferrous metals,
and vehicles. As compared with last year, declines
were registered in factory employment in all groups,
except in textiles and chemicals, which showed no
change, and in leather, paper and printing, and miscellaneous, which increased.
Factory pay-roll payments, although smaller than
in March a year ago, were larger than in February,
all groups showing increases over February, except
foodstuffs and leather, which declined. As compared
with last year, pay-roll payments were lower in all
groups, except textiles, paper and printing, chemicals
and miscellaneous, which showed increases. Reduced
to a percentage of the number of factory pay rolls, layoffs were smaller in March than in either the preceding month or March a year ago, while industrial accessions, though showing a decline from last year, were
greater than in February. Voluntary quits, although
greater than in February, were lower than a year
earlier, with a similar comparison in the case of
discharges.
12
REVIEW BY PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE
TEXTILES
March wool receipts were less than those of the
previous month, due to a decline in the receipts of
foreign wool. Imports of wool were slightly less than
in February and much smaller than a year ago. The
consumption of wool by textile mills exceeded that of
the previous month and was also larger than in March,
1926. The activity of wool machinery was greater
than during February; for most types there was an increase in the number of machines operating as well as
in the number of machine-hours.
The consumption of cotton by textile mills was
greater than for either the preceding month or March,
1926. Exports of unmanufactured cotton also exceeded those of the previous month and were more
than double those of a year ago. Stocks of cotton at
mills and warehouses continued to decline seasonally
but exceeded those at the end of March, 1926. The
world visible supply of cotton was also larger than a
year ago.
The number of cotton spindles active during March
slightly exceeded those active in February but was less
than a year ago. The total hourly activity, however,
exceeded that of both prior periods. Cotton prices
advanced over the previous month but were considerably lower than a year ago.
The production of cotton textiles exceeded that of
either the previous month or a year ago. The activity
of cotton finishing mills also exceeded both prior periods, billings, orders, and shipments all being larger
than in either the previous month or March, 1926.
Exports of cotton cloth were larger than in either
February or a year ago.
Imports of rayon were larger than during either the
previous month or March, 1926. New orders, production, and shipments of knit underwear exceeded
those of February, new orders also being larger than
a year ago. Billings of pyroxylin-coated textiles
exceeded those of either earlier period.
The consumption of silk in March exceeded that of
either the previous month or the corresponding month
of last year. Imports also were larger than for either
prior period. Stocks of silk, both at mills and warehouses, declined from the previous month and were
also smaller than a year ago.
Such changes from February as occurred in the
prices of raw wool and woolen goods, were downward;
prices uniformly declined from a year ago. Prices of
cotton goods showed little change from the previous
month but were considerably lower than in March,
1926. Prices of raw silk also declined from both the
previous month and March a year ago.
THE TEXTILE INDUSTRIES
[Relative numbers, monthly average 1923-1925 taken as 100. March, 1927, is latest month plotted]
40
1920
1921
1922
1923
1924
1925
1926
1927
1920
1921
1922
1923
1924
1925
1926
1927
20
1920
1921
1922
1923
1924
1925
1926
1927
13
METAL INDUSTRIES
The consumption of iron ore and the production of
pig iron were greater during March, as compared
with the previous month, even allowing for the larger
number of working days. Pig-iron production was
slightly greater and iron-ore consumption slightly less
than a year ago. Stocks of iron ore continued to decline seasonally but were larger than in March, 1926.
The output of steel ingots was considerably larger
than during the previous month and slightly larger
than a year ago. Unfilled orders of the United States
Steel Corporation again declined and were also smaller
than in March, 1926. The output of steel sheets was
larger than during either the previous month or the
corresponding month of last year. The production of
steel and of malleable castings also exceeded February
production but was less than a year ago, while new
orders declined from both prior periods.
New orders for fabricated structural steel were
slightly less than during either the previous month or
the corresponding month of last year, while shipments
exceeded those of February. New orders for fabricated steel plate, on the other hand, were less than
during February, but considerably greater than a year
ago. New orders for steel furniture, both in the
business group and shelving, exceeded those of either
prior period. Shipments of both types of furniture
were also larger than during the previous month and
for the business group larger than a year ago. New
orders for machine tools were also greater than for the
previous month but less than a year ago.
The production of copper at the mines was less than
during either the previous month or March, 1926.
Refined copper output, on the other hand, slightly exceeded that of the previous month but was less than a
year ago. Stocks of copper, both refined and blister,
were less than at the end of February, stocks of refined
being greater and those of blister smaller than at the
end of March, 1926. Exports of refined copper
exceeded those of either the previous month or the
corresponding month of last year.
Deliveries of tin to consuming establishments were
greater than during February but less than a year ago.
The world visible supply of tin also exceeded those of
either prior period, although stocks of tin in the
United States were considerably less than at the end of
either the previous month or of March, 1926. Imports of tin were larger than during February, but
substantially less than a year ago.
The production of zinc exceeded that of either the
previous month or the corresponding month of last year
despite a decline from both prior periods in the number
of retorts in operation. Shipments of zinc ore in the
Joplin district exceeded those of the previous month but
were less than a year ago, the changes being accompanied by a decline in stocks from both prior periods.
THE METAL INDUSTRIES
[Relative numbers, monthly average 1923-1925 taken as 100, March, 1927, is latest month plotted]
1920
1921
1922
1923
1924
1925
1926
1927
1920
I92»
1922
1923
*924
1925
1926
1927
1925
1926
1927
340
ZINC
1920
1921
1922
1923
1924
1925
1926
1927
1920
1921
1922
1923
1924
14
FUELS
Due to the longer month the production of both
bituminous and anthracite coal exceeded that of
February, the production of bituminous being larger
and that of anthracite smaller than a year ago. Exports of bituminous coal during March were larger and
those of anthracite coal smaller than for either prior
period. Coal prices declined from the previous month,
prices of bituminous being higher and those of anthracite lower than a year ago. Production of both beehive and by-product coke was greater than during
February, the beehive output being less and by-product
greater than a year ago.
PRODUCTION OF BITUMINOUS AND ANTHRACITE COAL
[March, 1927, is latest month plotted]
1920
I
1921
1923
|
1924
|
1925
I
1926
and of inner tubes exceeded those of either the previous month or the corresponding month of last
year. Stocks, while less than a year ago, were slightly
higher than at the end of the previous month.
HIDES AND LEATHER
Imports of hides were larger than during either the
previous month or tlj£ corresponding month of last
year, all types of hides participating in the increase
over the previous month and only goatskins and sheepskins being less than a year ago. Hide prices again
declined, although cattle hides were slightly higher
than during March, 1926.
The production of sole leather was larger than during
either the previous month or the corresponding month
of last year. Exports also exceeded those of February but were less than a year ago. Exports of upper
leather were uniformly larger than during the previous
month and except in the case of sheepskins were less
than in March, 1926. Leather prices showed little
change from either the previous month or the corresponding month of last year. Belting sales were
larger in February but less than a year ago. Shoe
production also exceeded that of the previous month
and was slightly larger than in March, 1926. Exports
of shoes were considerably larger than in either prior
period.
BEEHFVE AND BY-PRODUCT COKE PRODUCTION
PAPER AND PRINTING
[March, 1927, is latest month plotted]
Imports of wood pulp, both mechanical and chemical, exceeded those of the previous month but were
slightly less than a year ago. The output and shipments of newsprint paper also increased over the previous month, these items for the United States being
smaller and for Canada larger than for the corresponding month of last year. The production of paperboard shipping boxes, though practically the same as
in February, was slightly larger than a year ago,
increases in the production of corrugated boxes offsetting declines in those of solid fiber. The activity
of box-board mills was greater than during the previous month but less than a year ago.
AUTOMOBILES AND RUBBER
The production of both passenger cars and trucks in
the United States was considerably larger than during
February, the output of passenger cars, however,
being less and that of trucks greater than in March,
1926. Exports of passenger cars exceeded those of
either the previous month or the corresponding month
of last year. Exports of trucks declined from February but were larger than a year ago. Shipments of
automobile accessories exceeded those of the previous
month but were generally less than in Match, 1926.
Imports of crude rubber also exceeded those of the
previous month but were less than in March, 1926.
The production and shipments of pneumatic tires
NEWSPRINT PAPER PRODUCTION AND MILL STOCKS
[March, 1927, is latest month plotted]
15
BUILDING
Building costs exhibited little change from the
previous month but were generally less than a year
ago. The volume of new building contracts was
much larger than during February and slightly larger
than a year ago, both in square footage and in value.
The large increase in the square footage of contracts
for educational and other public buildings more than
offset declines from a year ago in the new floor space
of commercial, industrial, and residential buildings.
Declines in the value of contracts awarded, as compared with a year ago, occurred only in the case of
industrial and residential buildings. Fire losses were
only slightly larger than in February and much
smaller than a year ago.
ments, new orders, and unfilled orders all larger than
in February. New orders for vitreous china plumbing
fixtures were much larger than during February but
were somewhat less than a year ago; shipments and
unfilled orders, however, were less than for either prior
period. New orders for architectural terra cotta also
showed a substantial increase over the previous month
CEMENT PRODUCTION AND STOCKS
[March, 1927, is latest month plotted]
LUMBER AND LUMBER PRODUCTS
The production of lumber was generally greater
than during the previous month, the only declines
recorded being for North Carolina pine and northern
pine. Production was generally smaller than in
March, 1926, however, only walnut lumber showing
an increase over a year ago. New orders for lumber
were uniformly larger than during the previous month
but, except in the case of California redwood, orders
were smaller than a year ago. Lumber shipments
also generally exceeded those of February but were
smaller than those of a year ago, except for a decline
from February in North Carolina pine and increases
over a year ago in California redwood and North
Carolina pine. Stocks of lumber were generally
smaller than at the end of the previous month or the
corresponding month of last year, walnut lumber,
however, showing larger stocks than at the end of
February and southern pine and northern hardwood
showing increases over March, 1926.
New orders for Pacific coast plywood, as recorded
in square feet of surface measure, were 4,484,200 for
December, 1926, 6,520,700 in January, 6,931,300 in
February, and 6,551,300 in March.
The production of flooring exceeded that of the
previous month but was less than that of March, 1926.
Shipments also were larger than in February, those of
maple flooring being larger and those of oak flooring
smaller than a year ago. New flooring orders also
exceeded those of the previous month, new orders for
oak flooring being greater and those for maple flooring
smaller than in March, 1926.
STONE AND CLAY PRODUCTS
The production and shipments of face brick were
larger than in either the previous month or the corresponding month of last year. Unfilled orders, while
larger than at the end of February, were slightly less
than a year ago. The paving-brick industry also
showed increases in activity, with production, ship
but were less than a year ago. Shipments of nonmetallic conduits during January, as reported by 10
companies, which represent approximately 90 per cent
of the entire industry, amounted to 10,488,255 feet.
The production and shipments of Portland cement
increased both over the previous month and over the
corresponding month of last year. Paving contracts
showed a large seasonal increase and were also larger
than those awarded in March, 1926.
WHOLESALE PRICES OF CHEMICALS, BY GROUPS
[March, 1927, is latest month plotted]
CHEMICALS AND OILS
Receipts of turpentine and rosin at the principal
Southern ports were considerably larger than during
February and also exceeded those of a year ago. The
production of methanol, both crude and refined, in the
United States, was larger than during February but
less than a year ago. Stocks of methanol, while
slightly larger than at the end of February, were much
smaller than a year ago. The production of cottonseed oil was smaller than during the previous month
but considerably exceeded that of the year previous.
16
FOODSTUFFS AND TOBACCO
The visible supply of wheat was larger than a year
ago, the receipts, shipments, and exports showing
similar comparisons with last year. The visible
supply of corn was also larger than a year ago, shipments being larger and receipts and exports smaller
than in March, 1926. Wheat and corn prices averaged
lower than in either the preceding month or the
corresponding month of last year.
Receipts and shipments of cattle and calves at the
primary markets were larger than during the previous
month, shipments being larger and receipts smaller
than a year ago. Prices for cattle averaged higher
than for either the previous month or the corresponding
month of last year.
Receipts of hogs were larger than in either the
previous month or March, 1926, and shipments, while
slightly larger than for February, were less than a year
ago. Hog prices averaged lower than for either the
previous month or for March, 1926, and pork prices,
though showing little change from the previous month,
were considerably less than a year ago. A decline was
recorded in receipts of poultry, as compared with both
prior periods, but storage holdings were considerably
la£ger than a year ago. Butter receipts were also
slightly less than in March, 1926, with cold-storage
holdings very much less than last year. Cheese
receipts were slightly less than a year ago, with a
slight decline in cold-storage holdings. Egg receipts,,
on the other hand, were larger than for last year and
storage holdings more than double those of March, 1926.
Imports of raw sugar, while larger than during
February, were less than a year ago. Meltings, however, exceeded those of either prior period and stocks
also increased. Exports of refined sugar greatly
exceeded those of the previous month and were also
larger than a year ago. Wholesale prices for both
raw and refined sugar again declined from the previous month but were substantially higher than in
March, 1926. Imports of coffee were considerably less
than during either the preceding month or the same
month of 1926, with a decline registered also in the
world visible supply. Receipts of coffee in Brazil were
about the same as in the previous month, while clearances showed a considerable increase. Imports of tea
were less than in February or a year ago. Tea stocks
in the United Kingdom, while less than for the previous month, were practically the same as at the end
of March, 1926.
Exports of unmanufactured leaf tobacco were less
than in February but considerably larger than a year
ago. Exports of cigarettes, while larger than in
February, were considerably less than in the corresponding month of last year.
THE FOODSTUFF INDUSTRIES
[Relative numbers, monthly average 1923-1925 taken as 100. March, 1927, is latest month plotted]
1920
I92i
1922
1923
1924
1925
1926
1927
1920
1921
1922
1923
1924
1925
1926
1927
1920
(921
1922
1923
ipl.. I.. 1 1 . 1 . . 1 1 . 1 . . 1 . . I.. I . . » . . 1. 11... 1 1 1 1 1 . 1
1920
1921
1922
1923
1924
1925
1926
1927
I.. I.. I . . ! . . I.. < . . I.. I... I., I.. 1.. I,, I.. I., I,, 1.
1924
1925
1926
1927
17
TRANSPORTATION
Carloadings of goods were substantially larger than
in either the previous month or the corresponding
month of last year, the only declines from a year ago
being in loadings of corn, livestock and forest products.
The freight-car surplus at the end of the month was
less than at the end of February and only slightly
larger than a year ago. Traffic on the inland waterways, due to the earlier season, was considerably
larger than for March, 1926.
on call loans averaged less than for either prior period,
rates on commercial paper being higher than in
February but lower than a year ago. Prices of stocks,
both industrial and railroad, averaged slightly higher
than in February and considerably above the same
month of 1926. Bond prices were only slightly
higher than for either the previous month or a year
ago. More business firms failed during March than
during the previous month or the corresponding month
of last year and liabilities of such firms also exceeded
those of either prior period.
DISTRIBUTION MOVEMENT
GOLD, SILVER, AND FOREIGN TRADE
Mail-order business in March was considerably
larger than during the previous month and slightly
larger than a year ago. Sales by 10-cent stores were
also larger than for 'either prior period with similar
comparisons for other types of chain stores. Newspaper and magazine advertising showed a considerable increase over the previous month, magazine
advertising also being more extensive than a year ago.
BANKING AND FINANCE
Check payments, both in and out of New York
City, were greater than last year. Loans and discounts of the Federal reserve member banks at the
end of March were larger than at the end of either
the preceding month or March, 1926. Interest rates
Imports of gold were considerably less than in either
the previous month or the corresponding month of
last year. Exports, on the other hand, exceeded both
prior periods. Imports and exports of silver were less
than in March of last year, exports also being less
than during the previous month. Silver prices averaged lower than in either prior period. Exchanges on
the principal foreign countries showed increases over
the previous month in the Italian lira, Swedish krona,
Japanese yen, Canadian dollar, Argentine peso, and
the Brazilian milreis, other exchanges showing no
substantial change. Imports of merchandise into the
United States were substantially larger than during
February but less than a year ago. Exports, however, were larger than for either prior period.
BANKING AND FINANCE
[Relative numbers, monthly average 1923-1925 taken as 100. March, 1927, is latest month plotted]
1920
1921
1922
1923
1924
1925
1926
1927
1920
1921
1922
1923
1924
1925
1926
1927
BUSINESS PROFITS AND LOSSES
iil.nli.li. , , ! , , ! , , I,, L I . , I n t . , L l i . l n l , ,
1920
44324—27
1922
1923
3
1924
1925
1926
1927
1920
1921
1922
1923 1924
1925
1926 1927
18
INDEXES OF BUSINESS
The index numbers presented in this table are designed to show the trend in production, prices, trade,
etc., in various groups of industry and commerce. They consist in general of weighted combinations of series
of individual relative numbers; often the individual relative numbers making up the series are also given.
The function of index and relative numbers is explained on the inside front cover. A condensed form of this
table is given on page 9.
1926
PER CENT INCREASE (4-) OR
DECREASE ( — )
1927
Maximum
since
Jan. 1,
1920
Minimum
since
Jan. 1,
1920
January
February
ISO
73
111
92
97
165
239
155
122
273
152
191
149
131
145
62
105
41
0
0
17
78
38
57
80
122
189
138
2
0
141
180
149
87
109
113
173
120
28
0
135
169
132
75
107
1
March | January
March, 1927, March, 1927,
from Feb- from March,
ruary, 1927
1926
February
March
122
108
113
+ 4.6
+ 16.5
130
192
119
120
1 1
150
185 1
140
59
90
147
227
147
89
0
152
184
136
82
110
137
215
136
80
0
137
171
136
67
105
152
239
155
83
0
137
189
141
75
109
+ 10.9
+ 11.2
+ 14.0
+ 3.8
+ 16.9
+ 24.5
-30.3
30 8
0.0
+ 1.2
+ 3.7
+ 11.9
+ 3.8
-8. 7
+ 2.2
+ 0.7
+ 27. 1
+ 21. 1
PRODUCTION
(Relative to 19 monthly average as 100)
RAW MATERIALS
Grand total
MINERALS
Total
Petroleum
Bituminous coal
Anthracite coal- _
Iron ore *
Copper
Lead
Zinc
Gold
Silver
-
_ _ _ _ _
_
ANIMAL PRODUCTS (marketings)
Total
_
-—
Wool*
Cattle and calves
H ogs
Sheep
Eggs *
Poultry
Fish
__
Milk (New York)
-_.
-
__
_
______
_
CROPS (marketings)
Total _
_ _ _ _ _ _
Grains *
Vegetables *
Fruits* .
Cotton products *
__
Miscellaneous crops *
138
253
143
177
153
245
390
185
190
80
19
58
64
54
30
21
45 !
94 ;
107
27
90
115
68
76
135
79
135
95
29
76
90
66
90
97
85
124
113
65
88
96
75
147
89
137
141
111
34
89
114
77
82
140
105
142
99
36
76
89
66
99
96
112
132
118
48
85
101
69
168
80
165
151
+ 19.2
+ 33.3
+ 11.8
+ 13.5
+ 4.5
+ 69.7
-16. 7
+ 47.3
+ 14.4
+ 4.4
-26. 2
-3.4
+ 5.2
-8.0
+ 14. 3
-10. 1
+ 20. 4
+ 7.1
+ 34.3
+ 1.5
+ 22.6
+ 9.2
+ 80.0
+ 48.8
_
__
246
242
254
405
346
170
49
43
58
50
12
19
109
105
111
77
114
130
79
82
97
75
74
79
70
68
133
87
65
41
121
104
127
96
150
113
103
89
119
94
118
100
94
69
163
95
117
61
-9.6
-22. 5
+ 37.0
+ 1.1
-0. 8
-39.0
__
_
136
137
164
267
149
61
59
51
20
24
108
109
120
56
112
114
119
97
45
104
126
132
110
31
102
97
100
79
61
116
103
107
90
42
99
114
117
108
66
110
+ 10.7
-9.5
+ 9.3
-11. 4
+ 20.0
-1.8
+ 57. 1 + 112. 9
+ 11.1
+ 7.8
136
142
129
133
152
166
115
127
210
174
195
137
157
71
68
77
54
32
57
63
69
92
69
71
70
37
123
123
108
108
140
137
75
122
180
95
167
110
121
130
121
94
106
129
145
77
113
164
85
152
105
132
132
138
106
117
151
159
89
127
173
115
176
127
154
117
117
103
115
127
122
79
119
198
90
167
115
105
129
120
97
113
127
127
85
106
176
90
149
107
126
136
142
118
133
152
140
98
117
190
138
170
127
157
+ 5.4
+ 18.4
+ 21. 6
+ 17. 7
+ 19.7
+ 10.2
+ 15.3
+ 10.4
+ 8.0
+ 53.3
+ 14. 1
+ 18.7
+ 24.6
_
FOREST PRODUCTS
Total
_
_ _Lumber
Pulp wood _ Gum (rosin and turpentine) *
Distilled wood _ _ _
MANUFACTURING
Grand total (adjusted for working days)
Grand total (unadjusted)
Foodstuffs
_ _ _
Textiles
Iron and steel.
__
Lumber
Leather _ _
Paper and printing
Chemicals, oils, etc_
Stone and clay products
Metals, excepting iron and steel
Tobacco
Miscellaneous
'Fluctuations between maximum and minimum due largely to seasonal conditions.
+ 3.0
+ 2.9
+ 11.3
+ 13.7
+ 0.7
-11.9
+ 10. 1
-7.9
+ 9.8
+ 20. 0
-3.4
+ 0.0
+ 1.9
19
INDEXES OF BUSINESS—Continued
|
PER CENT INCREASE (+) OR
DECREASE ( — )
1927
1926
Maximum
since
Jan. 1,
1920
Minimum
since
Jan. 1,
1920
January
February
March
January
February
March
198
346
201
121
201
94
73
85
58
86
171
228
191
74
179
168
227
186
74
174
158
198
173
80
169
187
256
203
70
201
191
279
201
68
197
182
251
196
69
192
-4.7
-10.0
-2.5
+ 1.5
-2.5
+ 15.2
+ 26.8
+ 13.3
-13.7
+ 13.6
198
307
204
115
197
85
70
64
56
88
170
218
208
72
175
171
237
188
69
175
168
250
164
65
172
194
272
220
71
197
198
299
204
69
199
196
307
183
68
196
-1.0
+ 2.7
-10. 3
-1.4
-1.5
+ 16 7
+ 22.8
+ 11.6
+ 4. 6
+ 14.0
116
112
153
40
32
25
61
48
114
57
44
110
55
43
105
47
38
84
48
36
94
50
36
105
+ 4.2
0.0
+ 11.7
-9.1
-16.3
0.0
126
129
136
135
133
150
1
89
60
59
43
62
88
58
1
46
78
86
43
77
111
79
79
76
87
50
71
110
85
75
85
106
73
81
133
93
75
75
80
46
74
112
72
77
73
82
53
69
104
78
73
83
107
73
79
130
90
70
+ 13.7
+ 30.5
+ 37.7
+ 14.5
+ 25.0
+ 15.4
-4. 1
-2.4
+ 0.9
0.0
-2.5
-2.3
-3.2
-6.7
170
49
116
111
130
108
107
132
+ 23.4
+ 1.5
466
223
373
261
222
303
215
84
55
119
109
106
109
72
166
101
286
178
127
167
108
170
103
287
172
127
173
97
199
112
302
194
142
206
143
177
94
343
209
134
178
106
191
98
332
201
137
194
110
213
108
387
224
153
216
125
+ 11.5
+ 10. 2
+ 16.6
+ 11.4
+ 11.7
+ 11.3
+ 13. 6
+ 7.0
-3.6
+ 28. 1
+ 15.5
+ 7.7
+ 4.9
-12. 6
234
156
80
100
114
125
104
131
130
142
114
124
106
131
128
142
+ 20.8
+ 8.4
-1.5
0.0
102
107
103
104
103
105
101
105
105
107
108
103
107
2
85
2
86
2
81
2
79
2
84
2
83
2
93
2
84
2
89
2
66
2
78
2
75
2
92
93
89
90
93
90
93
102
101
94
102
89
94
98
94
88
90
93
90
91
103
105
96
103
88
96
98
89
89
88
88
84
92
104
98
89
92
78
81
101
91
88
90
90
83
92
104
100
91
93
84
85
103
91
87
90
90
83
92
104
105
95
95
84
86
103
0.0
-1. 1
0.0
0.0
0.0
0.0
0.0
+ 5.0
+ 4. 4
+ 2.2
0.0
+ 1.2
0.0
-3.2
— 1. 1
0.0
-3.2
-7.8
+ 1.1
+ 1.0
0.0
-1.0
-7.8
-4. 5
-10.4
+ 5.1
March, 1927, March, 1927,
from Feb- from March,
ruary, 1927
1926
STOCKS
(Relative to 1919 monthly average as 100)
(Corrected for seasonal variation)
*Total
___
Raw foodstuffs
*Raw materials for manufacture
Manufactured foodstuffs
Other manufactured commodities
(Unadjusted index)
*Total__
Raw foodstuffs
_ _
*Raw materials for manufacture
Manufactured foodstuffs
Other manufactured commodities
UNFILLED ORDERS
(Relative to 1920 monthly average as 100)
(Iron, steel, and building materials)
Total ( 8 commodities) _ _ _ _ _
Iron and steel
Building materials
WHOLESALE TRADE
(Relative to 1919 monthly average as 100)
(Distributed by Federal reserve districts)
Grand total, all classes __
Hardware (10 districts)...
Shoes (8 districts)
Groceries (11 districts)
Drugs (7 districts)
Dry goods (8 districts)
Meats
RETAIL TRADE
(Relative to 1919 monthly average as 100)
MAIL-ORDER HOUSES (4 houses)
CHAIN STORES:
Ten-cent (5 chains)
Music (4 chains)
Grocery (27 chains)
Drugs (9 chains)
Cigar (3 chains)
Candy (5 chains)
Shoe (6 chains)
DEPARTMENT STORES:
Sales (359 stores)
Stocks (314 stores)
_
EMPLOYMENT
(Relative to 1923 monthly average as 100)
Number employed, by industries:
Total, all classes..
Food products
Textiles
Iron and steel
Lumber
Leather
Paper and printing
Chemicals
Stone, clay, and glass _
Metal products other than iron and steelTobacco products
Vehicles
Miscellaneous
*Revised.
2
2
2
2
2
2
2
2
2
2
2
2
2
80
90
90
91
89
91
103
98
94
100
85
93
97
i Since Jan. 1, 1921.
' Since July 1,1922.
20
INDEXES OF BUSINESS—Continued
Maximum
since
Jan. 1,
1920
Minimum
since
Jan. 1,
1920
2
105
2
274
PER CENT INCREASE (+) OR
DECREASE (— )
1927
1926
January
February
March
January
February
March
94
94
91
95
91
87
110
100
98
101
88
86
100
98
93
93
99
96
91
110
101
101
104
86
98
102
99
92
93
101
96
90
112
106
104
107
90
100
103
91
93
89
91
87
87
113
102
92
92
78
74
107
96
92
94
96
89
92
113
106
98
95
81
89
109
98
91
94
98
91
90
114
110
103
98
82
91
111
March, 1927, March, 1927,
from Feb- from March,
ruary, 1927
1926
EMPLOYMENT— Continued
(Relative to 1923 monthly average as 100)
Amount of pay roll, by industries:
Total, all classes
Food products
Textiles
Iron and steel
Lumber
Leather
Paper and printing
Chemicals
_
Stone clav, and glass
Metal products other than iron and steel _
Tobacco products
Vehicles Miscellaneous
107
2106
2
108
2106
2108
2116
2106
2112
2110
2112
2107
2112
285
272
262
2
84
270
288
2
85
284
2
70
2
78
2
60
2
72
+ 2.1
-1. 1
0.0
+ 2. 1
+ 2.2
-2.2
+ 0.9
+ 3.8
+ 5.1
+ 3.2
+ 1.2
+ 2.2
+ 1.8
-1.0
— 1. 1
+1.1
-3.0
-5.2
0.0
+ 1.8
+ 3.8
-1.0
-8.4
-8.9
-9.0
+ 7.8
PRICE INDEX NUMBERS
t
FARM PRICES
(Relative to 1909-1914 average as 100)
All groups
Grains
-Fruits and vegetables
Meat animals
Dairy and poultry
Cotton and cottonseed
Unclassified
_-
--
-io.§
235
283
373
186
215
304
180
110
88
108
91
122
76
74
143
143
214
140
153
138
87
143
140
218
146
144
142
87
140
133
220
147
137
133
85
126
120
140
140
152
85
87
127
122
142
143
143
94
84
126
121
140
144
133
102
81
-0.8
-0.8
-1. 4
+ 0.7
— 7.0
+ 8.5
-3.6
US
243
248
346
281
203
300
213
275
208
138
114
131
171
162
109
155
121
160
111
156
152
156
186
177
129
178
133
165
135
155
150
153
184
179
128
177
132
164
133
152
144
151
181
175
128
176
132
164
128
147
137
150
167
180
124
170
122
157
118
146
137
148
169
177
122
168
122
158
119
145
137
147
168
168
123
167
121
157
119
-4.6
-0.7
-4. 9
0.0
-0.7
-2.6
-0.6
-7. 2
-4.0
-5. 1
+ 0.8
-3.9
-0.6 . -5. 1
-8.3
-0.8
-4. 3
-0.6
-7.0
0.0
244
249
249
118
146
135
132
166
160
130
163
161
128
162
154
125
157
150
124
156
150
122
155
149
-1.6
-0. 6
-0.7
218
227
134
115
161
149
159
145
157
142
153
136
151
136
151
136
0.0
0.0
—3
d. 3
8
-4.2
205
219
186
288
3
179
208
123
192
155
139
143
153
3
156 I
174
118
171
170
164
177
176
166
189
122
176
170
162
177
176
169
195
118
175
169
160
177
176
166
190
118
175
167
159
173
173
168
192
121
174
165
156
172
172
167
190
121
174
164
154
172
172
166
189
122
173
-0.6
-1.3
0.0
0.0
-0.6
-0.5
+ 0.8
-0.6
-3.0
-3.7
-2.8
-2.3
0.0
-0.5
+ 3.4
— 1. 1
-9.0
-36.4
-2.0
-2.9
-23.3
-4.7
WHOLESALE PRICES
Department of Labor Indexes
(Relative to 1913)
All commodities
Farm products
Food, etc
Cloths and clothing
__
Fuels
Metals and metal products
Building materials
Chemicals
_
-House-furnishing goods
Miscellaneous
- Classified by state of manufacture:
Producers' goods
Consumers' goods
Raw materials
._
-4.7 |
-4. 3 i
-3. 2 i
i
Commercial Indexes
(Relative to 1913)
Dun's (1st of following month)
Bradstreet's (1st of following month)
COST OF LIVING
j
National Industrial Conference Board Indexes
(Relative to July, 1914)
All items weighted
__
_
Food (Dept. Labor)
Shelter
Clothing
Fuel and light
Fuel
Light .
.__
-- - - .
Sundries
-
2
Since July 1,1922.
3 Since Jan. 1, 1923.
;
21
COTTON TEXTILES
[Thousands of yards]
TOTAL, 9 GROUPS
YEAR AND MONTH
Production
1925
September
October
November December
DRILLS, TWILLS'
DRILLS AND TWILLS WIDE
AND BROADCLOTH
25, 251
21, 606
23, 046
18, 033
5,044
5,305
6,403
6,862
2,830
2,782
2,881
2,371
14, 987
18, 130
22, 423
17, 234
72, 034
55, 685
63, 049
77, 064
19, 648
15, 291
21, 105
27, 532
112, 407
80, 892
96, 732
81, 538
19, 291
18, 920
19, 085
20,450
82, 581
79, 767
75, 726
73, 877
45,041
46, 558
42, 921
32, 965
23, 739
21, 984
23, 614
5,904
2,716
18, 194
267, 832
66, 958
20, 894
92, 892
77, 746
19, 437
77,988
41, 871
18, 932
19, 150
21, 578
15, 187
25, 382
25, 162
27, 044
29, 001
19, 505
14, 641
9,493
6,865
6,851
7,367
7,061
6,144
1,586
1,798
3,250
5,258
19, 052
15, 177
12, 435
10, 483
65, 413
66, 952
89, 405
72, 120
29,962
35, 844
40, 215
48,889
86, 697
71, 893
60, 218
58, 063
19, 660
20, 139
23, 148
23, 618
71,958
63, 367
61, 511
63, 335
30,952
32, 935
53, 301
60, 419
204, 544
182, 708
249, 932
301, 899
12, 208
14,000
9,615
10, 834
30,418
30, 534
24, 683
20, 661
5,961
6,184
11, 600
14, 182
5,146
5,182
6,914
7,895
6,444
13, 425
10, 844
9,960
9,482
9,933
13, 033
14, 618
60, 615
73, 431
58, 377
63,422
53, 858
68, 530
58, 954
56, 048
43, 341
33, 970
63, 111
71, 777
24, 135
25, 816
23, 025
20, 481
61, 080
62, 212
62, 289
57, 632
52, 493
47, 769
43, 496
44, 986
217, 152
216, 030
227, 158
247, 234
330, 358
327, 834
320, 559
324, 943
14,378
11, 950
13, 281
18, 202
16, 189
14, 790
14, 417
15, 625
15,307
13, 749
16, 703
13, 099
9,755
10, 247
10,391
12, 491
8,606
8,948
8,669
9,544
15,371
21, 054
22, 240
21, 094
78, 740
62, 620
63, 615
80,907
37, 554
32, 499
30, 892
42, 275
78, 240
98, 977
105, 921
103, 762
24, 025
24, 226
24, 687
26,522
52, 900
54, 701
55, 535
53, 865
54, 752
56, 017
51,313
41, 920
250, 800
~269~469~
12, 274
95, 444
7,954 "~7~36T
15, 331
72, 998
279, 482
23, 290
60, 032
47,529
216, 212
190, 520
162, 438
441, 799
454, 140
445, 171
26, 759
27, 283
27, 773
12, 149
13, 192
15, 840
29, 054
27, 519
28, 775
124, 766
116, 345
122, 822
25, 147
23, 859
27, 070
48, 027
43, 635
40, 207
43, 149
44, 888
45, 138
215, 269
207, 185
217, 521
230, 191
346, 589
284, 054
286, 019
242, 587
21, 068
18, 597
18, 819
22, 405
21, 296
22, 780
24,436
26,445
789, 447
197, 362
217, 542
289, 812
80, 889
20, 222
196,993
204, 910
248, 755
206,431
220, 453
232, 789
245, 122
267, 586
279, 026
257, 337
234, 338
220, 152
188, 505
219, 659
184, 033
191, 683
277, 515
310,825
288, 182
259, 549
244, 110
214, 361
215, 578
257, 476
2, 572, 494
Total
Monthly average.. 214, 375
1926
January
February
March
April
May
June
July
August
_ _. _ _
_
.
S eptember
October
November
December
_-
1927
228, 933
232, 611
277. 052
January
February
March
PAJAMA CHECKS
AND GINGHAMS
Unfilled ProUnfilled
Unfilled
ProUnfilled
ProProStocks Unfilled
orders duction Stocks orders duction Stocks orders duction Stocks orders duction Stocks orders
203, 215
175, 654
189, 290
221, 288
Total
Monthly average 2.
PRINT CLOTHS,
PLAIN AND FANCY
DENIMS AND
CHAMBRAYS
|
179, 315
14, 943 ~~22~ 826"
15, 285
17, 015
21, 200
14, 115
11, 467
8,722
CANTON FLANNELS
(for mitten trade)
9,451
8,617
7,679
OSNABURGS
835, 617
69, 635 ~~44~ 627"
69, 492
69, 105
83, 283
29, 613
21, 298
14, 546
NARROW SHEETINGS
WIDE SHEETINGS
YEAK AND Month
Unfilled Pro- Stocks Unfilled Pro- Stocks Unfilled Pro- Stocks Unfilled Pro- Stocks Unfilled
orders duction
orders
orders duction
orders duction
orders duction
Production
Stocks
25, 729
28, 419
31, 529
31, 432
47, 349
44, 366
48, 525
52, 209
75,080
64, 170
47,936
37, 207
7,337
5,733
5,303
6,943
5,985
8,515
9,464
8,158
4,021
4,174
6,124
10-, 175
52, 712
42, 995
45, 102
56, 132
35, 580
33, 684
35, 384
39, 599
69, 802
48, 524
46, 837
45,435
2 117 109
Total
Monthly average . . 29, 277
48, 112
56, 098
25 316
6^329
8,031
6,124
196, 941
49, 235
36, 062
52, 650
33, 991
31, 554
32, 268
29, 346
52, 103
54, 362
59, 742
62, 308
42, 014
33, 872
27, 432
23, 518
5,962
7,381
9,845
7,035
8,357
7,536
7,333
7,601
16, 429
18, 532
14, 233
13, 353
46, 184
46, 612
56, 742
46, 325
31,105
22, 360
21, 152
25,683
64, 377
62, 689
51, 327
41, 199
5,755
8,708
6,656
22, 360
24, 875
25, 511
7,598
5,899
6,252
28, 341
27, 767
25, 527
24, 388
63, 082
65, 291
61, 149
46, 617
23, 643
24, 735
31, 808
67, 776
2,160
1,856
8,408
7,896
7,224
4,505
6,067
3,699
6,701
9,649
7,418
7,692
4,061
2,120
1,664
2,131
16, 013
11, 537
12, 260
10, 236
45, 345
56, 047
44,488
49, 107
30, 950
32, 811
28, 135
27,324
45, 176
36, 558
60, 959
65, 084
6,014
7,767
6,509
6,008
27, 622
27, 494
32, 568
31, 952
8,435
7,517
7,598
9,541
32, 313
36, 483
35,415
35, 802
37, 705
35, 027
38, 299
40, 866
82, 824
56, 713
38, 833
58, 673
2,572
2,096
2,023
2,730
6,379
5,774
5,516
5,332
3,472
2,804
2,707
2,867
9,977
7,887
7,200
9,832
3,920
4,734
2,786
2,662
11, 289
15, 198
14, 756
18, 856
65, 832
53, 064
53, 008
64, 053
26, 052
34, 365
45, 212
51, 290
56, 229
52, 968
56, 751
55,188
6,518
5,788
5,958
6,937
27,847
25, 192
25, 832
25, 775
12, 874
10, 354
11, 335
9,484
373, 195
31, 099
51, 379
42, 653
13, 437
3 2, 240
72, 618
5 6, 602 & 27, 003
5 8, 808
38, 349
37, 199
39, 527
41, 843
39, 186
37, 726
81, 660
103, 094
92, 915
2,646
3,088
3,110
1925
September
October
November
December
1926
January
February
March
April
May
June
July . _
August
. .
_
September
October
November
December
Total
Monthly average,.
1927
January _
February
March
4
6, 647
4
3, 732
96, 579
8,048
4,575
14, 391
626, 807
52, 234
31, 370
54,042
5,006
4,295
3,917
12, 299
13, 144
11, 318
9,016
10, 047
12, 574
2,115
3,067
2,594
22, 905
24, 519
19, 301
50, 770
52, 622
66, 191
41,980
35, 745
24, 044
91, 786
86, 978
84, 714
6,079
6,484
8,257
24, 062
23, 210
23,003
9,421
10, 370
12, 415
i Compiled from weekly, biweekly, and semimonthly reports of The Association of Cotton Textile Merchants of New York, comprising data supplied by about 22 commission houses regarding the mills which they represent, which are located principally in the South and are estimated to cover at least 50 per cent of the industry. Weekly
reports are combined into monthly totals by taking the sum of the four or five weeks falling within the month for production, while figures on stocks and unfilled orders
are as of the week ending nearest the end of the month. When biweekly reports overlap almost evenly between various months, half of the production for the overlapping
period is apportioned to each month. Drills and twills include drills 40 inches and narrower, four-leaf clothing twills, pocketing twills, jeans (grey only), and heavy-warp
sateens 40 inches and narrower, all compiled from weekly reports. Wide drills, twills, and broadcloth include drills, twills, sheetings, and sateens over 40 inches, from
biweekly reports, and corded broadcloth (grey only), from weekly reports (the figures for broadcloth being included only from July, 1926). Print cloths include those narrower than 36 inches, those 36 inches and wider, and print-cloth fancies, all from weekly reports, the fancies being included only from March , 1926. Pajama checks are
from weekly reports and ginghams from monthly reports. Denims and chambrays are both from biweekly reports. Canton flannels for the mitten trade and wide sheetings are both from biweekly reports, the former being included only from July, 1926, and the latter from February, 1926. Osnaburgs and narrow sheetings (.40 inches and
narrower) are based on weekly reports. The additions of four of these groups in 1926, as noted, has little effect on the comparability of the grand totals. Each of the above
groups is further
divided by classes of construction in the association's reports.
2
4
5
Four months' average.
3 Six months' average.
Seven months' average.
Eleven months' average.
22
PAPER BOXES
[In dollars]
SHIPMENTS
1923
P AY ROLL
1925
1924
1926
1927
1923
1924
1925
1926
1927
274 762
278, 423
336 662
308,317
298, 267
301, 206
309, 663
294, 835
290, 937
281, 327
302, 086
279, 479
295, 209
296, 624
335, 097
306, 027
295, 729
298, 421
314, 574
306, 794
268, 162
316, 730
288, 112
264, 722
241, 534
271, 348
279, 937
272, 043
296, 710
305, 052
304, 929
315,251
301,333
328, 808
January
February
March
April
1 013,232
1,055,472
1 208 592
1, 159, 664
1, 056, 880
1, 026, 960
1, 129, 656
1, 085, 832
1,009.712
1,012,264
1, 125, 168
1,048,784
1, 048, 649
1,072,232
1, 231, 367
1,139,753
May _ _ .
June
July
August
1, 067, 968
1, 014, 816
998 272
1, 184, 128
963, 776
950,312
879, 912
1, 032, 504
936, 848
958, 496
988,064
1,155,000
1, 067, 499
, 132, 586
, 053, 531
, 234, 541
1 262 360
1, 622, 280
1, 439, 592
1, 105, 104
1, 128, 776
1, 413, 984
1, 238, 688
1, 202, 608
1, 406, 768
1,610,840
1, 605, 560
1,544,928
, 435, 729
, 641, 956
, 742, 204
, 542, 409
314 846
371, 325
356, 734
286, 704
269, 949
314, 855
287, 012
280, 421
319, 669
368, 403
339, 038
345, 092
350, 216
390, 361
398, 390
370, 833
14, 131, 480
1, 177, 623
13, 109, 888
1, 092, 491
14, 402, 432
1, 200. 203
15, 342, 456
1, 278, 538
3, 734, 033
311, 169
3, 421, 924
285, 160
3, 679, 773
306, 648
3, 993, 078
332, 757
_
September
October
November
December
_ _
. __
Total
Monthly average
1 076,677
1, 019, 498
"!
1
Compiled by the National Paper Box Manufacturers' Association covering reports of 88 identical manufacturers in 1926 and 1927, to which are prorated reports from 60
firms in 1925 and 54 firms in 1923 and 1924, based on the averages per firm, on which basis there was a difference of only 2 per cent between calculated and actual figures in
1926.
INDEXES OF CONSTRUCTION COST AND VOLUME
[Monthly average, 1913 = 100]
VOLUME OF CONSTRUCTION 2
COST OF CONSTRUCTION i
MONTH
MONTH
1921
1922
1923
1924
1925
1926
January
February
March
...
April
May
. .
June
_ __
July
August
_
September
.
October
November
.
December
219
219
215
200
201
199
194
195
192
190
189
189
184
182
181
180
179
181
181
181
184
190
191
190
186
192
194
197
206
208
205
207
206
205
203
202
202
203
204
201
201
202
200
201
201
202
201
201
202
202
202
200
200
201
201
198
197
196
197
197
197
198
197
198
199
198
198
196
196
195
196
196
Monthly average. __
200
186
201
202
199
197
1921
1927
January
February
March _
April
May
June
Julv
August
September
October
November
December
197
• 199
201
201
__ _ __
59
46
51
73
84
90
104
100
116
121
130
93
Monthly average .
90
1922
1923
69
72
80
130
155
175
172
174
170
148
148
131
138 |
1924
1925
108
121
113
156
177
183
171
173
185
168
179
149
132
118
128
147
169
182
184
190
188
187
176
155
120
107
116
152
191
203
220
220
221
209
203
156
159
162
176 j
1926
1927
129
121
135
166
137
117
119
151
179
220
228
215
221
200
210
162
180
j
* Compiled by the Associated General Contractors of America, combining indexes of wages and materials in the proportion of 40 per cent for wages and 60 per cent for
materials, believed to be the average of all types of cocstruction. The wage figures are thoss reported for hod carriers and common labor by the National Board of
Builders' Exchanges for 12 cities: Atlanta, Baltimore, Boston, Chicago, Cincinnati, Cleveland, Detroit, Los Angeles, New York, Philadelphia, San Francisco, and St.
Louis. The material prices are averages for the same 12 cities as compiled by the Engineering News Record for the following materials: Sand, gravel, crushed stone, Portland cement, common brick, lumber (all weighted equally), hollow tile (weighted one-half), and structural and reinforcing steel (both together weighted one-half).
Monthly
averages for period, 1914-1920, follow: 1914, 99; 1915,100; 1916, 114; 1917, 152; 1918, 175; 1919, 198; and 1920, 247.
2
Compiled by the Associated General Contractors of America to show actual installations in construction as contrasted with contracts let. The index is a simple
average of structural steel bookings, common-brick bookings, Portland cement shipments, loadings of sand, gravel, and stone, shipments of face brick and shipments
of enameled sanitary ware. To allow for lag between the factory and the job, the index computed from these data for a particular month is shown as the construction
installation index for the following month. Monthly averages for period 1914-1920 follow: 1914, 97; 1915, 95; 1916, 108; 1917, 91; 1918, 63; 1919, 86; and 1920, 47.
FROZEN EGGS, COLD-STORAGE HOLDINGS, END OF MONTH »
[Thousands of pounds]
MONTH
January
February
March _
April
May
June
July
August __ _ _
September
Octo'ber
November
December _.
Monthly average
1
1916
2
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
3,133
1,724
1,334
2,394
3,329
12, 207
9 746
9,001
9,488
7,760
6,931
5,989
8,046
16, 394
13,836
11, 039
10, 529
24,927
22 363
20 873
21, 730
16,209
13, 193
10, 473
14,154
18, 517
14,603
10, 311
12, 921
27, 682
23, 106
20, 736
23, 707
16,292
11,364
11, 353
19, 579
29,256
24,167
21,849
25, 739
4,176
5,410
5,822
5,223
7,558
13 398
15, 384
19, 741
11, 555
12 895
15, 240
15, 871
11,568
16 472
19,024
21,017
13, 939
17, 388
20, 055
21, 901
26,822
27 737
27, 952
27,408
18, 273
23, 528
27, 855
34, 516
20, 730
29, 686
36, 192
37, 280
29,956
33 565
35,184
34, 128
29,544
38, 379
42, 855
47,099
34, 815
45,688
51,810
52, 634
6 457
6,307
5, 104
2,737
17 585
16, 424
13, 979
14, 603
14 757
13 281
11, 832
8,980
20 687
18 976
22, 690
19, 286
23 584
20 461
29, 945
27, 325
26 656
26*114
22 899
19, 260
33 545
30 523
26, 233
22, 787
43 836
40 424
36,004
32, 087
31 006
26,633
22,100
21,303
44 299
45, 314
39, 336
33, 905
51,061
44,966
38, 620
33, 593
4, 930
10, 621
12, 071
14, 871
18, 866
24 562
22, 607
27, 716
27, 426
31,610
37,850
Compiled by the U. S. Department of Agriculture, Bureau of Agricultural Economics, representing practically the entire holdings in public and private cold-storage
warehouses.
2
Nine months' average.
23
TAX-EXEMPT SECURITIES OUTSTANDING AT END OF MONTH 1
[In millions o/ dollars]
1913
1914
1915
1916
1917
1918
1919
1920
1921
1923
$4, 364
4,410
4,437
4,443
$4, 918
4,898
4,966
5,015
$5, 020
5, 055
5,121
5,125
$5, 388
5,437
5,491
5,571
$5, 763
5, 780
5 872
5,929
$8, 043
8,081
8,112
8,109
$7, 649
7,686
7,743
7,791
$8, 326
8,349
8,474
8,527
$8, 756
8,794
8,881
9,012
$9, 839
9,955
10, 077
10, 143
$11,044
11, 123
11, 193
11, 300
$12, 088
12,202
12, 318
12, 446
$13, 511
13, 442
13, 550
13, 625
$14, 431
14, 505
14, 664
14, 734
June _. .
July
August
4,565
4,597
4,616
4,623
5,009
5,008
4,997
4,980
5,160
5,253
5,238
5,237
5,584
5,606
5,607
5,633
5,947
7,390
7,497
7,927
8,136
8,169
8, 200
8,152
7,784
7,876
7,930
7,957
8, 507
8, 520
8 481
8,518
9,112
9,187
9 222
9,293
10, 306
10, 416
10, 448
10, 492
11,389
11,545
11,613
11,654
12, 572
12, 767
12, 891
12, 993
13, 734
13, 886
13, 916
13, 956
14, 806
14, 894
14, 984
15, 014
September
O ctober
November
December
4,625
4,619
4,673
4,834
5,061
5,020
4,991
5,009
5,270
5,283
5,319
5,333
5,641
5,683
5,690
5, 715
6,992
7,996
8,010
8,043
8,176
8,161
7,635
7,655
8,021
8, 090
8,119
8,213
8,564
8,653
8,688
8,736
9,383
9,509
9,619
9,831
10, 616
10, 764
10, 846
10, 895
11, 690
11, 751
11, 853
12, 006
13, 164
13, 299
13,414
13, 439
14, 054
14, 135
14, 152
14, 368
15, 100
15, 143
15, 146
15, 263
4,567
4,989
5, 201
5,587
6,929
8,052
7,905
8,529
9,217
10,400
11, 513
12, 799
13, 861
14, 890
PERIOD
January
February
March
April
May
Monthly average
1924
1923
1925
1926
1927
$15,332
15, 348
DOMESTIC PRODUCTION, SALES, AND PRICE OF COAL-TAR DYES
PRODUCTION
AVERAGE
PRICE 2
SALES
PRODUCTION
YEAR
AVERAGE
PRICE 2
SALES
YEAR
Pounds
88, 263, 776
39, 008, 690
64, 632, 187
93,667,524
1920
1921
1922
1923
Dolls,
per Ib.
Dollars
Pounds
47, 513, 762
69, 107, 105
86, 567, 446
39, 283, 956
41, 463, 790
47, 223, 161
$0.99
.83
.60
.55
Pounds
1924
1925
1926.
_
68, 679, 000
86, 345, 438
88, 000, 000
Pounds
Dolls,
per Ib.
Dollars
64, 961, 433
79, 303, 451
86, 268, 000
35,012,400
37, 468, 332
36, 312, 000
$0.54
.47
.42
12 Compiled by the U. 8. Tariff Commission from its annual census of the dye and chemical industry.
Total value of all dyes divided by the total quantity.
ADDITIONAL PRELIMINARY RETURNS, CENSUS OF MANUFACTURES, 1925
PERSONS EMPLOYED
VALUE OF PRODUCTS
1925
1923
INDUSTRY
Thousands of dollars
Per
Per
cent incent in- crease
crease i over
19231
Per cent minimum month
is of maximum month
1
A minus sign (—) denotes decrease.
16, 729
4.8
5, 706, 866
12.7
1,293,002
266, 998
19.1
17.4
2.1
5.4
9, 226, 523
12.9
-1.1
43, 178
12.9
1.2
7.9
11.2
7.2
848, 177
-4.5
O Q
6, 828, 841
-5.4
-4.6
1923
80.0
84.1
PERSONS EMPLOYED
Per
Per
cent incent in- crease
crease 1 over
19231
1923
-1.0
450,097
390, 273
1925
INDUSTRY
Thousands of dollars
1925
Bleaching compounds
17, 528
Chemicals and allied
products
6,430,027
Electrical machinery, apparatus, and supplies... 1,540,002
Engines and water wheels . 313, 588
Food and kindred products
10, 418, 536
Pyroxylin solutions and
plastics and other plastics
.
48, 732
Gas manufactured, illuminating and heating. _.
455, 460
Hosiery
421, 180
Knit goods, including
hosiery
809,960
Iron and steel and their
products, not including
6,461,668
machinery
VALUE OF PRODUCTS
89.7
79.8
94.5
92.6
93.4
94.1
91.3
94.4
Per cent minimum month
is of maximum month
1925
Knit underwear
Machinery, not including
transportation equipment .
Metals and metal products other than iron and
steel
Musical instruments and
phonographs
Railroad repair shops
Sand-lime brick
Textiles and their products
Tobacco manufactures
Women's clothing. _
Miscellaneous industries..
188, 570
182,355
3.4
-0.5
5, 020, 281
4, 727, 818
6.2
-5.4
2, 833, 770
2,634,032
231,687
1, 332, 679
3,781
282, 532
1,520,093
9, 122, 858
1,091,001
1, 293, 705
1, 815, 570
9,487,027
1, 044, 192
1,406,684
1,684,415
7.6
-18.0
-12.3
-3.8
4.5
-8.0
7.8
-7.3
—19.5
-12.5
-5.1
-9.7
—5.1
-3.5
90.6
1923
92.6
24
TREND OF BUSINESS MOVEMENTS
The following table contains a summary of the monthly figures, designed to show the trend in important
industrial and commercial movements. These data represent continuations of the figures presented in the
latest semiannual number (February, 1927), in which monthly figures for 1926 and 1927 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.
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
November
1927
December
PER CENT INCREASE (-f) OR
DECREASE ( — )
1926
January ^ ^
March
February
March
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH
MARCH
31
Mar.,
1927,
from
Feb.,
1926
1927
1927
Mar.,
1927,
from
Mar.,
1926
Perct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
TEXTILES
Wool
Eeceipts at Boston:
Total
_
thous. of lbs_.
Domestic
thous. of Ibs
Foreign
thous of Ibs
Imports:
In condition imported
thous. of Ibs..
Grease equivalent
thous. of Ibs..
Consumption by textile mills,
grease equivalent.
thous. of Ibs. _
Machinery activity, hourly:
Looms —•
Wide
per ct of hours active
Narrow
..per ct. of hours active..
Carpet and rug.per ct. of hours active..
Sets of cards ~
per ct of hours active
Combs
per ct of hours active
Spinning spindles—
\Voolen
per ct of hours active
Worsted
per ct of hours active
Prices:
Kaw, territory, fine, scoured..dolls. per lb._
Raw, Ohio and Pa. fleeces,
J^ blood combing grease dolls per Ib
Worsted yarn
dolls per Ib
Women's dress goods, French
serge
dolls per yd
Mien's suitings
dolls per yd
14, 834
8, 451
6,383
17, 498
9,889
7,609
i 19, 743
6, 081
i 13, 662
i 129, 693
6, 577
23, 116
27, 436
8,600
18; 836
i 31, 389
5,098
i 26, 291
45, 060
* 11, 635
i 33, 425
-7.6
+30.8
-18.5
-39.1
-26.1
-43.6
106, 332
21, 500
84, 832
76, 872
21, 258
55, 614
-27.7
-1.1
-34.4
25, 063
32, 127
25, 004
30, 116
27, 542
33, 399
34, 072
41, 333
33, 457
41, 275
i 35, 347
41, 761
48, 002
55, 618
-1.8
-0.1
-30.3
-25.8
128, 451
151, 509
95, 071
116, 007
-26.0
-23.4
47, 808
47, 839
46, 389
45, 938
54, 262
40, 492
43, 932
-{-18.1
+23.5
125, 870
146, 589
+16.5
73
67
67
84
88
72
67
65
80
84
68
65
65
75
84
64
62
64
75
89
61
63
66
80
81
63
62
70
76
85
62
61
70
78
79
-4.7
4-1.6
+3.1
+6.7
-9.0
-1.6
+3.3
-5.7
+2.6
+2.5
81
80
77
78
72
75
74
71
66
70
75
73
70
+4.1
-7.0
+5.5
-5.7
1 19
1.12
1.08
1.08
1.09
1.08
1.26
1.21
-0.9
-10.7
.45
1.40
.44
1.40
.44
1.38
.44
1.38
.44
1.38
.53
1.55
.48
1.50
0.0
0.0
-8.3
-8.0
1.00
3.29
1.00
3.29
1.00
3.29
1.00
3.29
.98
3.29
1.05
3.60
1.05
3.51
-2.0
0.0
-6.7
-6.3
3,593
41,441
2,660
39, 851
1,556
56, 939
1,199
39, 702
1,260
41, 267
752
38, 354
701
45, 726
+5.1
+3.9
+79. 7
-9.8
2 16, 123
2,608
146, 141
2 17, 688
4,015
137, 908
+9.7
+53.9
-5.6
1, 486, 224 1, 531, 297 1,115,792 1, 010, 507 1,129,537
694, 193
590, 447
583, 950
605, 217
604, 584
556, 185
565, 118
519, 732
635, 896
+11.8 +117.3
+17.6
+9.2
1, 825, 884
1,783,329
3, 255, 836
1, 889, 224
+78.3
+5.9
Cotton
Oinnings
thous
Receipts in sight
thous
Imports, unmanufactured .
Exports, unmanufactured
(including linters)
Consumption by textile mills
__
Stocks, domestic, end of month:
Total mills and w'houses thous
Mills
thous
Warehouses
thous
Stocks, world visible, end of month:
Total
thous
of bales
of bales
bales
bales
bales
of bales
of bales
of bales
8,015
1,498
6,517
8,245
1,766
6,479
7,923
1,853
6,070
7,377
1,933
5,444
6,472
1,980
4,492
6,573
1,833
4,740
5,936
1,772
4,164
-12.3
+2.4
-17.5
+9.2
+11.7
+7.9
of bales
7, 457
6,368
8,519
7,229
8,796
7,227
8,533
6,860
7,795
6,178
6, 643
4,930
5,957
4,278
-8.6
-9.9
+30.9
+44.4
per cent
32, 587
8,480
227
101.2
32, 496
8,563
229
100.3
32, 634
8, 558
229
102.3
32, 872
8,266
222
106.8
32, 919
9,629
260
109.7
33,009
8,121
215
103.2
33, 245
9,169
242
102.2
+0.1
+16.5
+17.1
+2.7
-1.0
+5.0
+7.4
+7.3
dolls per Ib
dolls per Ib
.110
.128
.100
.128
.106
.134
.115
.140
.125
.144
1.176
.206
.165
.194
+8.7
+2.9
-24.2
-25.8
Machinery activity of spindles:
Active spindles
thousands
Total activity
millions of hours
Ratio to capacity
Prices:
To producer
In New York middling
Cotton Goods
Cotton finishing:
Billings, finished goods (as
produced)
..thous. of yds,.
O r d e r s received, gray
yardage..thous. of yds..
Shipments, finished goods
cases
Stocks,finishedgoods, end mo
cases. .
T
fill
d
di
f] t~
fl,'
r\>
Fine cotton goods, production
pieces _
Cotton cloth exports..
_. thous. of sq. yds_.
Fabric consumption
by tire manufacturers
thous of Ibs
Elastic webbing, shipments
thous. of yds_.
Prices:
Cotton yarn—
22/1 cones Boston
dolls per Ib
40/ls. New Bedford
..dolls, per lb._
Print cloth, 64 x 60.dolls, per yd..
Sheeting, brown..
dolls, per yd..
Cotton eroods CFairchiWi index mimbfr
1
Revised.
79, 480
85, 179
75, 510
83, 554
108, 067
82, 370
98, 321
+29. 3
+9.9
258, 861
267, 131
+3.2
76, 483
45, 941
37, 113
63
6.0
406, 896
43, 284
76, 354
45, 564
38, 012
66
5.0
470, 469
40, 361
88, 603
48, 936
36, 581
69
6.8
441, 484
39, 834
91, 402
48, 968
34, 971
82
7.0
423, 976
35, 859
102, 327
59, 519
36, 178
82
6.8
551, 323
44, 553
85, 055
46, 922
41, 006
71
7.1
397, 463
i 37, 583
97, 436
54, 452
41,329
74
7.4
452, 349
41, 344
+12.0
+21.5
+3.5
0.0
-2.9
+30.0
+24.2
+5.0
+9.3
-12.5
+10.8
-8.1
+21.9
+7.8
269, 679
148, 053
282, 332
157, 423
+4.7
+6.3
1, 277, 046
119,980
1, 416, 783
120, 246
+10.9
+0.2
12, 422
12, 335
11,593
10, 634
14, 358
11, 249
13, 609
9,792
13, 251
10, 892
14, 198
11, 983
.321
.470
.069
.085
148
.311
.467
.067
.080
143
.301
.460
.068
.080
143
.306
.464
.069
.081
145
.399
.545
.086
.101
175
.384
.540
.080
.098
170
2
Total for crop year.
.312
.458
.069
.081
146
» 26, 449
3 21, 767
+2.0
-1.3
0.0
0.0
+0.7
-18.7
-15.2
-13.7
-17.3
-14.1
3 Cumulative through Feb. 28.
3
3
27, 967
21, 041
+5.7
-3.3
25
TREND OF BUSINESS MOVEMENTS—Continued
1
1936
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, '"Survey"
1927
PER CENT INCREASE (+) OR
DECREASE ( — )
1926
February
Perct.
increase
( }
or tdecrease
(-)
cumulative
1927
from
1926
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
1926
1937
5,054
39, 400
+28.9
+14.9
+38.7
+25.0
18, 794
128, 024
20, 656
140, 409
+9.9
+9.7
43, 418
31, 118
35, 948
28, 515
—24 3
-4.2
-7.9
-25.7
92.6
59.2
103.4
6.66
92.0
62.5
101.1
6.03
-4.4
-10.6
+101.6
+36.7
2,497
3,270
+31.0
November
December
January
7,934
47, 634
7,961
39, 771
8,208
48, 307
5,437
42, 860
7,011
49, 242
6,919
42, 476
47, 130
22, 821
52, 478
23, 270
52, 627
24, 872
43, 758
22, 120
33, 116
21, 193
89.2
63.6
89.7
5.49
87.9
53.4
90.4
5.59
86.4
67.2
89.4
5.34
86.2
58.1
89.1
5.64
5.39
1, 718
March
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
February
March
TEXTILES-Continued
Silk
imports raw
thous of Ibs
Deliveries (consumption) __
bales..
Stocks, end of month:
At warehouses
bales
A.t manufacturers' plants
bales
Silk machinery activity:
Broad looms
per cent of normal __
Narrow looms
per cent of normal
Spinning spindles
per cent of normal. _
Price, Japanese, New York
dolls, per lb_.
Rayon*
Imports..
Stocks in bonded warehouses,
end of month
thous. o 'lbs._
988
1,023
643
1,257
700
852
1,870
2,016
1,398
1,074
1,483
2,034
cut:
thous. of garments.
thous. of garments. _
thous. of garments
1,019
1,343
279
1,298
1,355
237
1,484
. 1, 493
241
1,538
1,627
234
1,686
1,674
240
1,660
1,847
267
s 3, 281
3 3, 438
M63
3 3, 022
33,020
3475
-7.9
-12.2
+2.6
dozen garments _
dozen garments. _
dozen garments
241, 685
206, 383
324, 672
262, 252
197, 674
154, 175 i 227, 932
354, 078 i 346, 309
283,471
253, 759
407, 229
240. 223
208, 998
340, 384
285, 821
255, 962
346, 341
3 480, 603
s 431, 390
3 545, 723
3 481, 691
+13.5
+11.7
Production
thous. of dozen pairs
Net shipments
thous. of dozen pairs .
Stocks, end of month
thous. of dozen pairs
New orders
thous. cf dozen pairs..
Unfilled orders, end mo-.thous. of dozen pairs..
3,733
3,888
6, 856
4,012
5,783
3,487
3,560
6,710
3,261
5, 100
3,681
3, 175
7,301
3,668
5,513
3, 592
3, 383
6,410
3,322
6,329
3,937
3,920
6,483
4,075
6,457
3
7, 264
3 6, 722
3 7, 321
3 6, 587
+0.8
-2.0
3 7, 021
3 7, 369
+5.0
of dozens..
of dozens..
of dozens
of dozens
of dozens..
976
999
1,011
1,117
1,460
931
787
1,063
918
1,562
912
819
1,157
1,357
2,091 .
Burlap and Fibers
Imports:
Burlap
_
_ . _ thous. of Ibs
Fibers (unmanufactured)
long tons..
36, 529
25, 017
41, 683
34, 666
2, 421
2,046
2,443
3,026
2, 337
2,523
thous. of Ibs
Clothing
Men's and boys' garments
Suits
Separate trousers
_
Overcoats
Work clothing:
Cut
Net shipments
Stocks, end of month
Hosiery
.
3,640
3,412
7,567
3', 701
5,668
Knit Underwear
Production
Net shipments..
Stocks end of month
New orders
Unfilled orders, end of mo
thous.
thous.
thous
thous.
thous.
959
911
1, 213
1,232
1 2, 408
1,198
1,164
1,298
1,282
2,516
1,094
1,057
1,446
1,048
2,996
1,244
1,207
1,154
1,037
2,740
+24.9
+27.8
+7.0
+4.1
+4.5
-3.7
-3.6
+12 5
+23. 6
-8.2
3,398
3,345
3,069
2,894
-9.7
-13.5
3,458
3,871
+11.9
49, 797
29, 892
47, 320
20, 751
39, 830
29, 096
47, 190
27, 235
63, 653
36, 701
-15.8
+40.2
-37.4
-20.7
175, 394
100, 651
136, 947
79, 739
-21.9
-20.8
3, 206
2,168
2,486
3,398
2,431
3,410
4, 275
3,426
2, 781
2,320
1, 971
2,080
2,885
2,313
1,696
+25.8
+40.9
-18.4
+48.2
+48.1
+64.0
7,515
6,211
10, 879
8,025
+44.8
+29. 2
-11.0
38, 333
57, 524
+50.1
Pyroxylin Coated Textiles
Pyroxylin spread
thous. of lbs._
Shipments billed .
_ thous. of linear vds
Unfilled orders, end of mo. thous. of linear yds..
Cotton Mill Dividends
Fall River mills (quarterly):
Total
.thous. of dollars
Ratio to capitalization
per cent per quarter
305
266
299
-12.8
727
635
702
— 12 7
—9 5
FUR
Sales by dealers
thous. of dollars
10, 176
8,943
13, 400
20, 239
23, 885
14, 146
15, 473
+18.0
+54.4
47.5
12, 049
42.6
11, 898
38.4
10,167
48.3
10, 001
49.8
9,928
49.7
12, 047
153.3
12, 117
+3.1
-0.7
-6.6
-18.1
BUTTONS
Fresh-water pearl buttons:
Production
.per ct. of capacity..
Stocks, end of month
thous. of gross..
IRON AND STEEL
Iron
Manganese ore, imports
thous. of long tons__
Iron ore:
Imports
thous of long tons
Consumption __
thous. of long tons _
Stocks, end of monthTotal,
thous. of long tons
At furnaces
thous. of long tons..
On Lake Erie docks.thous. of long tons..
Pig-iron production:
Total, U. S
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..
i Revised.
-31.5
20
27
16
24
23
27
27
-4.2
-14.8
92
63
186
4,717
205
4,562
233
4,524
193
4,234
197
5,031
160
4,389
184
5,160
+2.1
+18.8
+7.1
-2.5
546
14, 592
623
13, 789
+14.1
-5. 5
42, 761
35, 098
7,663
38, 426
31, 286
7,140
33, 971
27, 279
6,692
29, 809
23, 746
6,063
24, 809
19, 569
5,240
27, 677
21, 593
6,084
22, 611
17, 120
5,491
-16,8
-17.6
-13.6
+9.7
+14.3
-4.6
3,237
752
52
3,091
769
54
3,104
760
52
2,941
684
51
3,483
808
76
2,923
651
50
3,442
781
53
+18.4
+18.1
+49.0
+1.2
+3.5
+43.4
9,681
2,148
160
9,528
2,252
179
-1.6
+4.8
+11.9
213
105, 850
57.1
203
98,360
54.7
208
100,635
57.0
217
106, 135
59 5
223
113,435
61.3
3 Cumulative through Feb. 28.
+2.8
-5.5
+6.9
-0.5
+3.0
-3.2
*See table on p. 25 of the March, 1927, issue for further data.
226
104, 800
60.3
236
114, 000
63.3
26
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
PER CENT INCREASE (+) OR
DECREASE ( — )
1926
1927
1926
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
21, 162
23, 424
90.3
111
78
+55.6
+36.2
+14.2
-8.6
+13.5
62, 574
59.7
59, 845
54, 118
70, 474
67.6
65. 989
55, 027
22.26
20.00
22.31
22.26
20.00
22.27
20, 202
16, 130
15, 276
89,880
21, 240
12, 928
14, 150
85, 332
20,658
13, 105
10, 896
81, 849-
21, 331
13, 527
12, 473
89, 855
11, 829
14, 435
12,316
14, 226
9,534
9,240
29, 915
34, 464
February
February
November
December
January
21, 009
24, 423
86.0
82
82
18, 270
22, 158
82.4
99
72
13,613
18. 934
71.3
91
62
13, 101
15, 478
84.6
105
74
20, 389
21, 087
96.6
96
84
16, 123
21, 801
73.9
91
69
43, 214
42.7
41, 102
39, 017
46, 977
48.2
41, 545
37, 737
47, 454
47.7
44, 717
46, 872
58, 882
60.3
50, 264
54, 237
61. 945
61.5
60, 363
50, 056
20.76
18.50
20.83
20.51
18.50
20.77
20.26
18.00
20.16
20.26
18.00
19.73
20.26
18.40
19.79
15, 914
26, 175
23, 966
81, 010
12, 245
18, 177
12, 768
74, 967
17,164
12, 692
10,604
82, 765
19, 229
27, 777
28, 255
77, 150
15,543
19, 932
14, 156
72, 951
12, 356
19, 631
20, 236
32, 375
March
March
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
Per ct.
increase
or decrease
cumulative
1927
from
1926
1926
1927
-3.7
-10.0
+7.0
-13.5
+7.7
54, 082
67, 312
47, 102
55, 499
-12.9
-17.5
+5.2
+2.0
+20.1
-7.7
-12.1
-9.0
-8.5
-9.0
205, 465
168, 281
-18.1
178, 121
170, 265
155, 344
151, 165
-12.8
-11.2
0.0
+2.2
+0.3
-9.0
-8.0
—11.1
23, 549
14, 288
19, 987
94, 657
3 40, 327
3 26, 015
327,428
3 37, 366
3 28, 822
3 25, 880
-7.3
+10.8
-5.6
19, 471
12, 736
14, 341
93, 198
20, 274
12, 266
18, 033
102, 007
33 40, 273
26, 582
3 28, 958
3 41, 989
3 26, 632
3 23, 369
+4.3
+0.2
-19.3
14,842
9,770
7,393
15, 360
9,770
12, 202
15, 740
8,810
17, 778
3 30, 702
3 19, 774
3 22, 778
3 29, 068
3 19, 304
3 16, 633
-5.3
-2.4
-27.0
40, 452
38, 053
45, 059
12, 440
12, 197
-2.0
181
222
+22.7
45, 061
45,585
+1.2
IRON AND STEEL— Continued
Iron— Continued
Ohio gray -iron foundries:
Meltings —
Actual
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 capacitv..
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..
Cast-Iron Boilers and Radiators
Round boilers:
Production
thous. oflbs
Shipments
thous. of Ibs .
New orders
_
thous. oflbs..
Stocks, end of month
thous. of Ibs .
Square boilers:
Production
thous. of Ibs .
Shipments
thous. of Ibs
New orders
thous. of Ibs _
Stocks, end of month
thous. of Ibs. _
Radiators:
Production ..thous. sq. ft. heating surface..
Shipments. ..thous. sq. ft. heating surface. _
New orders. -thous. sq. ft. heating surface..
Stocks, end of
month
thous. sq. ft. heating surface..
Crude Steel
Steel ingots, production:
United States, total
thous. of long tons..
3,722
4,559
3,802
4,488
3,807
3,482
13,831
94
Ratio to capacity
per cent..
88
80
82
75
189
93
Canada
thous. of long tons..
54
107
53
58
56
59
59
U. S. Steel Corporation:
Unfilled orders,
end of month
thous. of long tons..
3,553
3,807
3,597
4,617
3,961
3,800
4,380
Earnings
thous. of dolls..
18, 145
14, 943
17, 129
14, 385
13, 513
16, 866
16, 365
Steel castings:
New orders —
Total .
short tons.. i 70, 854 i 85, 786 i 101, 387 i 91, 354
82, 488
94,917 108, 018
Ratio to capacity
per cent..
62
53
81
77
69
72
65
Railroad specialties
short tons. _
28, 079
38, 111
48, 717
31, 380
39, 792
41, 816
46, 655
Miscellaneous
short tons.. i 42, 775 i 47, 675 i 52, 670 i 51, 562
51, 108
53, 101
61, 363
Production —
Total -.
._ .short tons.. i 86, 299 i 81, 814 i 84, 295 i 85, 030
97, 256
91,884 110, 542
Ratio to capacity
.per cent..
64
65
64
73
69
83
62
38,784
Railroad specialties
short tons.. 24, 421
41, 208
47,604
32, 982
33, 250
28,699
Miscellaneous _
__ ..short tons.. i 61, 878 i 53, 115 i 51, 313 i 51, 780
58, 472
62, 938
50, 676
Sheets, blue, black, galvanized, and full finished:
ProductionTotal
short tons . 278, 455 238,345 256, 856 282, 171 359,340
299, 553 319, 132
Ratio to capacity
per cent..
108.8
86.9
97.4
94.2
100.9
72.3
83.5
Stocks, end of monthTotal
short tons
165, 114 160, 193 161,661 157, 614 160,357
165, 445 173,381
Unsold
short tons.. 40, 929
44, 974
47, 168
46, 827
51,648
49, 182
61,433
-Shipments
.short tons
262, 797 219,498 239,019 261,412 338,436
290, 026 320, 623
New orders
short tons.. 185, 235 240, 862 261,357 241, 951 345, 900
181,101 304,233
Unfilled orders, end of month.. short tons.. 500, 120 529, 940 526, 550 513, 002 510, 924
523, 882 534,641
Steel barrels:
Production .
. .barrels
510, 489 539,805 529, 137 504,134 575, 850
522, 486 622, 949
Ratio to capacity
percent _
48.1
51.7
46.2
48.0
50.0
46.9
55.0
Shipments
barrels.. 505,383 546,392 525, 518 503, 183 568, 821
518, 104 622,312
Stocks, end of month
barrels.. 54, 377
59,389
51, 409
47, 790
52, 360
49, 772
50, 409
Unfilled orders, end of month
barrels. .1,732,007 1, 845, 987 1, 788, 194 1, 663, 772 1, 545, 980 1,697,328 1, 645, 066
Track work, production
short tons
• 11,093
16, 778
11, 626
11, 724
13, 010
16, 158
19, 756
Wholesale prices:
Steel billets, Bessemer. dolls, per long ton..
35.00
34.00
35.00
35.00
33.00
35.00
35.00
Iron and steel
dolls, per long ton..
38.43
36.82
38.26
37.76
37.01
38.95
38.90
Composite steel
dolls, per 100 lbs_.
2.65
2.65
2.62
2.55
2.56
2.63
2.63
Structural steel beans
dolls, per 100 lbs__
2.00
2.00
1.90
2.00
1.95
1.95
1.95
Steel sheets, Youngstown
district
dolls, per 100 Ibs..
3.25
3.10
3.20
+19. 0 +1.6
+5.6 +1.1
+91.1 +81.4
-1.2
+14.6
-18.9
+1.6
-9.7
-10.1
-21.1
-0.9
-23.6
-23.5
-32.7
-16.7
311, 097
275, 229
-11.5
140, 045
171, 052
119, 889
155, 340
-14.4
-9.2
+14.4
+14.1
+16.6
+12.9
-12.0
-12.0
-18.5
-7.1
295, 467
266, 581
-9.8
126, 133
169, 334
105, 016
161, 565
-16.7
-4.6
+27.3
+11.7
+12.6
+15.5
947,328
898, 367
-5.2
+1.7
-0.7
+29.5
+43.0
-0.4
-7.5
-23.8
+5.6
+13.7
-4.4
944, 134
738,657
838, 867
849,208
-11.1
+15.0
1,614,157
1, 609, 121
-0.3
1, 609, 848
1, 597, 522
-0.8
51, 161
40,128
+14.2
-7.6
+11.9 -6.0
-8.6
+13.0
+13.4 +17.8
-7.1 -6.0
+43.1 -15.1
+3.0
-0.5
-0.4
-2.6
-2.9
-5.3
-3.0
-2.6
-4.6
-3.1
-21.6
Steel Products
Structural steel, fabricated:
New orders (prorated)
Ratio to capacity
Shipments (prorated) ...
Ratio to capacity.
short tons
193, 980
per cent..
61
_ short tons i 222, 600
per cent..
170
1
Revised.
225, 780
71
213, 060
67
171, 720
54
174, 900
55
216, 240
68
181,260
57
206, 700
-4.4
184, 440 209, 880
58
-4.4
65
66
200,340
190,800 244,860 +10.5
63
77 +10.5
60
3 Cumulative through Feb. 28.
-1.5
-1.5
-18.2
-18.2
578, 760
594,660
+2.7
642,360
556,500
-13.4
27
TREND OF BUSINESS MOVEMENTS—Continued
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
PEE CENT INCREASE (+) OR
DECREASE (— )
1936
1937
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
39, 764
52
12, 693
-7.4
-6.6
-26.9
157, 187
92,681
169, 438
83,808
3,081
3,022
1,744
2,599
2,662
1,976
608
65S
675
691
692
679
604
656
634
992
1,146
1,079
1,361
1,378
1,455
+27.7
+6.9
17
19
14
27
13
23
—7.1
-14.8
659, 417 684, 836
373, 229 484, 699
945, 505 1,086,310
508, 531
603, 735
995, 075
472,814
422,004
536, 978
83,010
525, 655
504, 671
November
December
January
February
March
February
60, 367
75
26, 269
27, 244
34
9,476
34, 068
46
14, 336
57,060
76
32,983
52, 819
71
24, 127
37, 541
49
10,184
219, 830
58, 472
198, 189
51,964
215,235
42, 219
166, 128
31, 908
171, 094
47, 312
2,735
2,603
1,547
2,934
2,802
1,556
2,731
2,887
1, 728
12,686
12,771
11,804
583
575
731
622
572
608
556
582
623
March
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
Per ct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
1936
1937
+32.8
+36.3
+90.1
104, 789
143, 947
+3.0
+48.3
+1.0
-43.5
501, 210
248,327
552,457
121, 439
+10.2
-51.]
2,844
2,687
1,804
+13.7
+9.1
-3.3
+8.3
+12.5
-3.3
8,302
8,413
8,498
8,680
+2.4
+3.2
726
584
605
+13.7
+5.0
+0.6
-4.8
+18.5
+12.2
1,908
1,822
1,854
1, 933
-2.8
+6.1
-25.7
+24.6
-8.4
+5.3
+14.9
+97.2
1,369,945
1,393,036
1, 852, 784
1,461,663
+35.2
+4.9
287
122, 366
289
131, 561
+0.7
+7.5
3 145, 917
3 116, 066
3 141, 777
3 117, 829
-2.8
+1.5
2,337
2,271
2,269
1,952
-2.9
-14.0
15, 993
157, 642
15, 609
134, 756
-2.4
-14.5
IRON AND STEEL— Continued
Steel Products— Continued
Steel plate, fabricated, new orders:
Total
short tons _
Ratio to capacity
per cent
Oil-storage tanks
short tons..
Iron and steel:
Exports
long tons
Imports
_ _ _ _ _ long tons _
Steel furniture:
Business groupShipments
_ thous. of dolls
New orders
thous. of dolls..
Unfilled orders, end mo.thous. of dolls..
ShelvingShipments
thous. of dolls—
New orders.
thous. of dollsUnfilled orders, end mo.thous. of dolls—
Steel boilers, shipments:*
StationaryTotal
_
number. _
Area
thous. of sq. ft—
MarineTotal
numberArea
thous. of sq. ft_.
31, 193
+37.4
71, 446 +129. 0
Machinery
Foun dr y e qui pment :
New orders
dollars- 454, 536
Shipments
dollars- 405,345
Unfilled orders, end of month
dollars- 570, 608
Stokers, mechanical:
Shipments
number.
85
Shipments
__
horsepower—
27,606
Machine tools:
New orders
index number, _
175
Shipments _
index number—
184
Unfilled orders, end of mo.. .index number..
340
Washing-machines, shipments:
Total
.
number.. 81, 394
Electric
number
69, 654
Water softeners:
New orders
units
574
Shipments
.
units .
583
Stocks, end of month
units..
620
Water systems shipments
units .
6,310
Pumps, pitcher, hand, etc., shipments.. units.. 29, 208
Steam, power, and centrifugal pumps:
New orders
thous. of dolls..
1,462
Shipments
thous. of dolls
1,674
Unfilled orders, end mo
thous. of dolls..
3,029
Agricultural machinery and equipment*:
ShipmentsTotal
index number .
77.0
Domestic
index number..
68.4
Foreign
index number..
121.9
Production
index number..
130.8
Electric industrial trucks and tractors:
Shipments, domestic—
Tractors
.number of vehicles
18
All other types
number of vehicles..
86
Exports.
number of vehicles..
19
Fire-extinguishing equipment, shipments:
Motor vehicles
. .
number. _
U34
Hand types
„
.number
43,315
652, 334
542,640
682,806
72
34, 974
69
40, 467
105
41,400
115
49, 694
83
33, 141
132
52,312
+9.5
+20.0
-12.9
-5.0
134
193
278
123
138
248
143
155
234
152
158
226
146
163
300
183
195
282
+6.3
+1.9
-3.4
-16.9
—19.0
-19.9
82, 263
70,340
67, 214
55, 319
74, 563
62, 510
77, 164
61, 509
92,832
74, 859
506
500
620
4,848
39,409
602
581
572
14,903
45,283
704
581
637
4,975
1 46, 941
637
637
643
4,510
56, 255
941
911
733
5,856
51,118
1,533
1,541
2,992
1,634
1,112
3,499
1,390
1,486
3,384
1,280
1,275
2,892
1, 656
1,408
3,121
82.8
80.4
95.8
124.8
103.7
105.6
93.5
136.9
140.4
133.5
176.2
138.6
189.3
187.1
200.6
130.9
152.2
147.4
177.3
136.1
176.4
176.7
175.0
141.4
18
95
5
6
67
17
11
120
7
10
96
10
15
96
5
11
128
8
1131
40,687
188
46,279
187
46,539
123
48,450
86
51, 478
110
59, 245
+41.4
+4.1
+11.8
-18.2
278
154, 382
298
141, 268
+7.2
-8.5
3,512
51
63
3,029
42
64
3,148
48
55
4,067
53
79
3,564
55
54
3,506
72
69
+29.2
+10.4
+43.6
+16.0
-26.4
+14.5
10,208
190
157
10, 244
143
198
+.4
-24.7
+26.1
143,413
137, 361
6,052
208, 718 i 275, 156
196,973 i 260, 632
14, 826
11, 745
360, 754
341, 665
19,089
334, 524
319, 763
14, 761
399, 105
381, 116
17,989
+31.1
+31.1
+28.8
-9.6
-10.4
+6.1
1, 018, 332
973, 801
44, 531
844, 628
799, 270
45,660
-17.1
-17.9
+2.5
i 27, 768
1 26, 068
1,700
1 40, 874
i 37, 243
3,631
141,947
i 38, 118
3,829
48, 590
45, 056
3,534
i 38, 745
i 34, 668
4,077
i 45, 997
i 41, 612
4,385
+15.8
+18.2
-7.7
+5.6
+8.3
-19.4
116, 130
103, 970
12, 160
131,411
- 120,417
10,994
+13.2
+15.8
-9.6
25,663
21, 805
3,858
29,835
22, 122
7,713
31,524
21, 355
10, 169
39, 527
29, 985
9,542
28, 232
22, 355
5,877
27, 952
22. 278
5,674
+25.4
+40.4
-6.2
+41.4
+34.6
+68.2
82, 496
65,804
16, 692
100, 886
73, 462
27,424
+22. 3
+11.6
+64.3
5,620
7,466
4,836
5,296
784
2, 170
through Feb. 28.
5,308
3,597
1,711
21, 846
15,405
6,441
-10.7
-13.1
-4.2
963
790
757
5,731
42,532
+36.8
+36.0
+18.8
+15.2
-9.4
+2.3
-13.3
+3.3
-2.1
-16.8
3
3
+34.8
+40.1
+13.8
-5.6
2, 611
2, 468
3
3
3, 024
2, 598
+15.8
+5.3
+7.3
+5.9
+14.6
-7.4
-9.1
-9.1
-20.0 -25.0
+42.9 +25.0
47
310
17
27 -42.6
283
-8.7
34 +100.0
PATENTS ISSUED
Total, all classes
.
Agricultural implementsInternal-combustion engines. _
number
number..
number..
4,330
52
79
AUTOMOBILES
Production:
Passenger carsTotal. _
..
number of cars.. 226, 278
United States
number of cars.. 219, 504
Canada
number of cars
6,774
TrucksTotal..
number of cars.. i 34, 500
United States
number of cars
l 31, 446
Canada
_.
number of cars..
3,054
Exports:
Assembled—
Total
number of cars
27, 873
Passenger cars _
number of cars
20, 562
Trucks
number of cars..
7,311
From Canada8,793
Total-. .
number of cars..
6,435
Passenger cars
number of cars
2,358
Trucks
number of cars..
i Revised.
*Cumulative
9,072
6,512
2.560
*See table
24, 455
8,408
10,888 +70.9 -16.7
17,729
8,033 +81.0 -18.9
5,936
2,472
6,726
2,8i>5 +49.6 -10.3
on p. 24 of March, 1927, issue for further data.
28
TREND OF BUSINESS MOVEMENTS—Continued
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
1937
February
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
December
January
February
1 13, 962
* 13, 348
i 12, 373
13, S92
17,547
20,287
3 34, 781
3 25, 765
-25.9
170, 567
88, 729
85, 667
149, 437
202, 935
336,497
3 345, 610
3 235, 104
-32.0
84
78, 550
101, 729
89
44, 130
52. 729
99, 367
81,010
124. 426
102,025
82
91,313
64,971
78
113,341
106,051
3 167, 645
3 118, 669
3 223, 793
3 183, 035
+33.5
+54.2
79
94
83
119
7,016
1,210
95
109
64
112
6,038
1,096
132
107
79
140
5,134
1,498
158
100
93
155
8,611
1,753
160
114
139
138
8,380
2,168
182
146
167
205
10, 617
2,471
26,158
6,619
24, 702
5,323
-5.6
-19.6
161, 013
6,650
31,632
33, 621
88, 430
680
130, 336
5,277
25, 810
27, 423
71, 032
794
174, 638
•6,291
33,509
34, 249
99, 662
927
161, 975
5,215
29, 575
31,377
94, 856
952
273, 260
10, 426
53, 026
57, 774
150, 921
1,113
March
March
1926
1927
I
195
120
135
210
10, 957
2,072
+23.4
+20.0
+45.2
+35.5
+27.2
+18.2
+7.1
-17.8
-19.2
+2.4
+3.2
-16.1
|
NONFEREOUS METALS
Copper
Production:
Mines
short tons
Smelter
. .
short tons..
Refined (North and South
America)
- short tons..
World production blister
short tons
Domestic shipments, refined
short tons..
Exports
short tons..
Stocks (North and South America) :
Refined
short tons..
Blister
short tons .
Wholesale price, electrolytic
dolls, per lb_.
Perot,
increase
(+)
or decrease
/ \
cumulative
1927
from
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
November
ATJTOMOBILES-Continued
Foreign assemblies
number of cars. .
Sales, passenger cars and motor
cycles
thous. of dolls
Shipments (General Motors Co.):
Proportion closed cars
per cent
To dealers
number of cars
To users
number of cars
Accessories and parts:
ShipmentsOriginal equipment
index nos _
Replacement parts
index nos._
Accessories
index nos
Service parts
_ _ index nos _
Exports
thous. of dolls
Rim production
thous. of rims*
New passenger-car registrations:
Total
number of cars _
Highest price group
.. number of cars..
Second highest group
number of cars
Third highest group _ .number of ears..
Lowest price group
number of cars
Miscellaneous
number of cars _
PER CENT INCREASE (+) OR
DECREASE (— )
1926
i 69, 202
i 79, 684
68, 881
80, 321
68, 131
75, 630
75, 728
80, 719
-0.5
+0.8
-9.0
-0.5
214, 885
234, 925
214, 281
249, 724
133, 110
122, 292
143, 337 * 132,814
76, 499
67, 564
43, 879
37, 184
126, 331
137, 036
78, 948
45, 306
110, 538
126, 455
70, 406
30, 506
121,798
134, 727
88, 573
39, 244
+3.3
+3.2
+16.8
+21.8
+3.7
+1.7
-10.9
+15.4
346, 310
390.700
226, 808
103, 398
381, 733 +10.2
413, 187
+5,8
223, 01 1 -1.7
126, 369 +22.2
73, 856
277, 479
.1358
93, 982
85, 501
105, 020
273,135 i 275, 869 i 272, 219
.1299
.1330
.1268
102, 637
260, 225
.1308
86, 354
251, 947
.1400
75, 206
261, 916
.1386
-2.3
-4.4
+3.2
+36.5
-0.6
-5.6
172, 394
171, 963
106. 02
152, 616
161, 629
105. 74
371, 125
248, 094
105. 91
232, 435
208, 569
105. 16
239, 248 | 239, 507
234, 164
210, 702
109. 72
105. 17
230, 262
217, 435
109. 87
+2.9
+1.0
0.0
+3.9
-3.1
-4.3
846, 644
761, 719
842, 808
667, 365
-0.5
-12.4
216,117
246, 041
137, 634
142, 661
390, 798
399, 338
287, 356
280, 153
344, 264
351, 174
257, 336
298, 742
3 895, 672
3 807, 050
3 678, 154
3 679, 491
-24. 3
-15.8
74, 947
92, 768
72, 396
86, 907
126,322
148. 321
74, 207
46, 471
126, 424
142,300
61, 942
46, 932
76, 198
89,719
-0.3
+6.3
Copper Products
Plumbing fixtures:
New orders, tubularQuantity
.number..
Value
..dollars-.
Wholesale price 6 pieces
dollars
Brass faucets:
New orders
number of pieces
Shipcnents
number of pieces
Tin
long tons..
6,140
6, 505
6,295
5,965
6,545
6,250
6,835
+9.7
-4.2
20, 425
18, 805
-7.9
long tons
long tons
long tons..
dolls, per lb._
15, 257
2,304
6,882
.6867
16, 326
1,909
6,384
.6664
15, 342
3,304
7,966
.6479
14, 221
2,484
4,704
.6653
15, 441
1,709
5,946
.6783
16, 239
3,399
6,501
.6265
14, 280
2,494
6,699
.6347
+8.6
-31.2
+26.4
+2.0
+8.1
-31.5
-11.2
+6.9
20, 231
18, 616
-8.0
Retorts in operation end of month number
Production
...
short tons..
Stocks end of month
short tors
Ore, Joplin district:
Shipments
short tons..
Stocks, mines, end of month
short tons..
Price slab prime western
dolls per Ib
88, 076
55, 062
14, 481
88, 668
56, 884
21, 887
88, 908
56, 898
29, 912
85, 836
51, 341
32, 938
83, 208
56, 546
36, 279
87, 651
53, 237
20, 341
89, 497
54, 411
20, 561
-3.1 -7,0
+10.1 +3.9
+10.1 +76.4
164, 037
164, 785
+0.5
70, 045
22, 482
.0720
69, 699
19, 158
.0702
69, 853
25, 515
.0666
46, 603
29, 202
.0667
69, 125
18, 538
.0669
77, 093
21, 528
.0776
71, 811
24, 107
.0733
+48.3
-36.5
+0.3
-3.7
-23.1
-8.7
225, 473
185, 581
-17.7
i 63, 829
i 59, 383
l 54, 151
61, 365
i 56, 397
l 61, 997
+13.3
-1.0
178, 572
174, 899
-2.1
10, 997
70, 989
48,902
127, 035
.0786
10, 812
64, 768
48, 803
134, 682
.0758
7,448
61, 305
45, 646
139, 824
.0742
10, 164
66, 358
10, 212
56,902
49, 287
112, 637
.0839
+36.5
+8.2
-0.5
+16.6
34, 494
187, 498
3 94, 464
28, 424
192, 431
3 94, 449
-17.6
+2.6
0.0
.0758
12, 306
58, 951
46, 804
105, 417
.0915
+2.2
-9.7
4,013
1,096
2,917
4,976
1,220
3,756
4,575
1,066
3,509
5,158
1,208
3,950
5,140
1,272
3,868
5,861
1,008
4,853
+12.7
+13.3
+12.6
-12.0
+19.8
-18.6
16,154
3,724
12, 429
14,709
3,494
11, 215
-8.9
-6.2
-9.8
357
3,540
539
3,534
Deliveries (consumption) .
Stocks, end of month:
World visible supply
United States
Imports
.
Wholesale price, pig tin
Zinc
Lead
Production
. .
short tons.. i 61, 044
Ore shipments:
8,641
Joplin district
short tons. .
Utah .
short tons..
61, 460
47,981
Receipts of lead in U. S. ore
..short tons_.
Stocks, U. S. and Mexico, end mo. .short tons.. 120, 054
Price, pig, desilverized (N ew York), dolls, per Ib. _
.0801
Babbitt Metal
Consumption:
Total apparent
_
Direct by producers
Sale to consumers
4,358
1, 147
3,211
[
Arsenic
Crude:
Production
Stocks end of month
Refined:
Production
Stocks, end of month
i Revised.
thous. of Ibs.
thous. of lbs__ !
thous. of Ibs
1,414
2,725
1,147
2,387
913
885
866
short tons
1,798
1,983
2,188
short tons..
3 Cumulative through Feb. 28.
810
2,251
short tons
short tons
514
2,667
537
2,621
3743
3 2, 561 +244. 7
3794
746
536
31,723 +117. 0
5, 675
5,976
* See table on p. 23 of the April, 1927, issue for earlier data.
!
29
TREND OF BUSINESS MOVEMENTS—Continued
I
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
November
1927
Decem- January
ber
February
1926
March
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
PER CENT INCREASE (+) OR
DECREASE ( — )
^bru-
March
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
1926
1927
Per ct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
NONFERROUS METALS-Continued
Galvanized Sheet Metal Ware
Pails and tubs:
Production..
Shipments
Other:
Production
Shipments
dozens..
dozens..
114, 844
88, 520
118, 525
101, 356
131, 006
141, 817
138, 788
165, 707
138, 159
124, 955
120, 396
116, 036
3
286, 696
3 275, 385
3 269, 794
8 307, 524
-5.9
+11.7
dozens..
dozens
32, 865
31, 321
31, 393
22, 025
31, 019
32, 082
39, 018
36, 123
51, 658
48, 620
60, 177
56, 119
3 90, 184
3 92, 061
3 70, 037
3 68, 205
-22.3
-25. 9
80,271
161, 391
84,209
68, 133
177, 331
80, 023
83, 117
182, 363
86, 802
82, 810
189, 108
79, 810
98, 799
186, 642
104, 993
82, 909
144, 501
87,002
102, 284 +19. 3
166,756 ' -1.3
118, 076 +31.6
-3.4
+11.9
-11.1
275, 696
264, 728
-4.0
308, 578
271, 605
-12.0
86, 552
225, 645
86, 962
74,005
265, 400
92, 759
130, 019
256, 062
106, 853
88, 910
267, 420
85, 928
114, 342
256, 952
118, 798
104, 982
246, 544
102, 910
121, 801 +28.6
245, 384
-3.9
128,349 i +38.3
-6.1
+4.7
-7.4
91, 699
274, 422
94,740
78, 524
306, 431
97, 081
99, 302
296, 028
104, 910
99, 665
311,636
94, 264
118, 045
326, 391
123, 571
97, 797
275, 530
97, 108
121, 883
301, 070
130,496
+18.4
+4.7
+31.1
-3.1
+8.4
-5.3
40, 247
137, 926
42, 243
35, 659
144, 564
44, 914
41, 140
129, 066
43, 929
43, 109
135,460
39, 977
49, 588
139, 551
51,902
46, 210
160, 656
47, 147
55,607
168, 298
60, 226
+15.0
+3.0
+29.8
-10.8
-17.1
-13.8
38,801
96,966
49,804
127, 104
47.343
117, 574
43, 104
118, 441
46, 109
116, 454
89,611
198,326
94, 167
205, 003
+7.0
-1.7
-51.0
-43.2
74
85
79
72
85
4,995
39.3
6,051
47.6
6,759
53.1
6,175
48.5
6,283
51.3
5.359
43.7
3
6,922
54.4
6,436
50.6
5,942
46.7
5,993
47.1
5,760
47.0
7,366
60.1
311,632
311,935
+2.6
dollars.. 634, 999
dollars _ 234, 605
dollars.. 371, 939
dollars.. 28,455
740, 786
223, 926
489,356
27,504
407, 776
143, 893
240, 763
23, 120
474,302
160, 558
289,347
24, 397
527, 727
182, 183
326, 183
19,361
622, 248
214, 590
385, 119
22, 539
1, 614, 891
553, 870
1, 000, 556
60,465
1, 441, 741
498, 412
867, 316
76, 013
-10.7
-10.0
-13.3
+25.7
311,529
90,428
176, 583
44, 518
243, 839
71,715
141, 789
30, 335
250, 859
93, 176
122, 681
35,002
237, 854
87,083
115,043
35, 728
i 280, 320
i
93, 540
i 144,031
, 42, 749
322, 589
98, 818
172, 506
51, 265
33 553, 700
187, 351
* 278, 757
3 87, 592
3 488, 713
s 180, 259
3 237, 724
3 70, 730
-11.7
-3.8
-14.7
834, 884
576, 794
494, 566
439, 334
,
603, 372
1,057, 632
3 933, 900
-11.7
745, 629
897, 262
744, 424
907, 971
692, 583
766, Oil
731, 426
671, 208
31,424.009
1,741, 405 31,437,219
-If. 9
-17.5
290
130, 257
139, 231
312
157, 329
174, 220
262
134, 006
139, 522
269
148, 381
127, 459
291
144, 305
139, 528
321
166, 243
210, 673
385
234, 032
191, 188
+8.2
-2.7
+9.5
-24.4
-38.3
27.0
1,011
553, 213
570, 885
822
426, 692
406; 509
18 7
-22.9
-28.8
978
585
3,964
5,182
1,008
785
3,738
8,422
704
888
3,971
934
694
3,352
1,065
750
3,042
1,130
971
814
1,114
+14.0
+8.1
—9.2
+30.8
-32.7
2,721
2,998
2,703
2,332
-0.7
-22.2
790
48
2,643
157, 713
731
50
2,908
137, 486
795
48
2,939
146, 152
732
51
2,371
122, 359
1, 527
3 99
5, 310
-20.6
+30.3
-2.6
57, 671
1,923
4,299
56,882
1,561
1,720
52,904
60, 181
169,967
+16.1
1,352
1,376
322
Enameled Ware
Baths:
Shipments
numbftr
Stocks, end of month
number __
New orders
number..
Lavatories:
Shipments
number..
Stocks, end of month
..number
New orders
number
Sinks:
Shipments
number..
Stocks, end of month .
number
New orders
number
Miscellaneous sanitary ware:
Shipments
number.
Stocks, end of month
_
number __
New orders ....
number
Unfilled orders, end of month:
Baths .
... number
Small ware
number
Household ware:
Furnaces operating
per cent of total..
Porcelain flat ware*:
New orders—
Total
thous of sq ft
Ratio to capacity.
per cent..
ShipmentsTotal
thous. of sq. ft
Ratio to capacity
percent .
Band Instruments
Shipments:
Total.
_
_
_
Cup mouthpieces
Saxophones
_
Woodwind
__
559, 663
193, 961
337, 206
28, 496
+18.0
+20. 8
+16.5
+16.8
-10.1
-9.6
-12.4
+26.4
340, 981
333, 271
-2.3
356, 427
311, 579
-12.6
334, 697
317, 012
-5.3
351, 260
322, 745
-8.1
153, 739
133, 837
-12.9
166, 102
135, 808
-18.2
3
+10.2
11, 738
12, 934
Electrical Equipment
Electrical porcelain, shipments:
Total
..dollars
Standard
dollars..
Special
dollars..
High tension
dollars..
Laminated phenolic products,
shipments
_
dollars..
Motors (direct current) :
New orders
_
dollars .
Billings (shipments)
dollars..
Electric hoists:
New ordersQuantity _ _
number
Value
dollars _
Shipments
dollars
Electric overhead cranes:
Shipments
__
thous. of dolls..
New orders
thous of dolls
Unfilled orders, end mo
thous. of dolls..
Inquiries received
thous. of dolls..
Vulcanized fiber:
ShipmentsTotal
thous of dolls
Hollowware
thous. of dolls..
Consumption
.thous. of Ibs
Industrial reflectors, sales
units..
489,884
3
3
1,694,005
3
878, 028 1, 167, 749
807, 281 1, 027, 319
946
34
2,822
1,052
65 !
3,266
5 460, 599 i
3 1, 923
376
3
5, 452
3
3
FUELS
Coal and Coke
Bituminous:
ProductionUnited States
thous. of short tons- 59, 721
1,818
Canada
thous. of short tons__
Exports
_ thous. of long tons
4,605
Consumption—
841
By vessels
thous of long tons
By electric power
3,591
plants
thous. of short tons
9,104
By railroads
thous of short tons
By coke plants6,735
United States.thous. of short tons..
234
Canada
thous. of short tonsPrices—
Mine average (spot), dolls, per short ton . . 3.19
Wholesale, Kanawha, f. o. b.
Cincinnati
dolls, per short ton__
4.39
Retail, Chicago.. .dolls, per short ton__
10. 15 1
i Revised.
» Cumulative through Feb. 28.
718
13,849
9,424
6,555
237
1
376
312
3, 802
9,186
3,346
8,074
6,557
251
6,124
226
46, 577
1,076
1,013
1
1
6,977
256
46,137 !! +13.8
1,071
1,143 , +1.8
+30.4
146, 376
+20.4
3,149
-23.9
305
423
3, 298
8, 339
3,490
9,025
7,241
252
7, 252
238
+13.9
+13.3
•S.8
+7.6
+3.2
2.54
2.30
2.11
2.06
2.11
2.02
-2.4
+2.0
4.39
10.34
3.89
9.85
3.64
9.64
3.64
9.31
3.39
9.34
3.39
8.99
0.0
-3.4
+7.4
+3.6
6 Quarter ending Mar. 31,1926.
4,448 1 +41.3
1,010 :
-4.5
3 7, 009
317,493
7, 148
317,260 :
+2.0
-1.3
22, 137
730
19, 658
733
-11.2
+0.4
1,058
3
* See table on p. 26 of the March, 1927, issue for further data.
30
TREND OF BUSINESS MOVEMENTS—Continued
1926
1937
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
Novem- Decem- January
ber
ber
February
PER CENT INCREASE (+) OR
DECREASE (— )
1926
March
February
March
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
Perct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
1926
1927
11,046
340
18,511
561
+67.6
+65.0
3,941
11, 081
474
237
2,431
11,014
506
164
-38.3
-0.6
+6.8
-30.8
174, 909
214, 653
+22.7
15, 647
180,927
3, £98
13, 129
202, 381
4,144
-16.1
+ 11.9
+ 15.2
68, 335
7,598
9, 566
52, 697
80, 870
9,264
10, 017
58, 592
+ 18.3
+21. 9
+4.7
+11.2
FUELS— Continued
Coal and Coke— Continued
Anthracite:
Production
thous. of short tons__
Exports
thous of long tons
PricesWholesale, chestnut,
New York
dolls, per long ton. _
Retail, chestnut,
New York
dolls, per short ton__
Coke:
Production, U. S.—
Beehive
thous of short tons
By-product
thous. of short tons
Production, Canada. -thous. of short tons..
Exports
thous of long tons
Price, furnace, Connellsville.
dolls, per short ton__
7,446
350
7,528
294
6,561
220
5,852
185
6,098
156
2,083
37
8,790
297
+4.2
-15.7
-30.6
-47.5
11.48
11.48
11.49
11.48
10.61
11.49
11.48
-7.6
-7.6
14.50
14.50
14.50
14.50
14.29
(4)
15.29
-1.4
-6.5
860
3,743
154
67
780
3,706
157
61
787
3,700
176
59
754
3,435
158
59
890
3,879
172
46
1,402
3,500
166
68
1,158
3,777
152
87
+18.0
+12.9
+8.9
-22.0
-23.1
+2.7
+13.2
-47.1
4.89
3.91
3.88
3.70
3.65
7.84
3.28
-1.4
+11.3
72,061
Petroleum
Crude petroleum:
Production
thous. of bbls
Stocks, end of monthTotal (comparable)
thous. of bbls..
Tank farms and pipe
lines
thous. of bbls..
Refineries
thous. of bbls
California —
Light
. - thous. of bbls..
Heavy
..thous. of bbls._
Imports-thous. of bbls__
Consumption (run to stills) -thous. of bbls._
Oil wells completed
.
number
Price, Kansas-Oklahoma
dolls, perbbl..
Gasoline:
ProductionRaw (at refineries)
thous. of bbls..
Natural gas (at plants) .. thous. of bbls..
Exports
thous. of bbls
Consumption
thous. of bbls
Stocks, end of month
thous. of bbls._
Price, motor, New York
dolls, per gal._
Retail distribution/21 States. thous. of gals..
Kerosene oil:
Production
_.thous. of bbls._
Consumption
thous. of bbls
Stocks at refineries, end mo.thous. of bbls..
Price, 150° water white
dolls, per gal_.
Retail distribution, 13 States.thous. of gals..
Gas and fuel oil:
Production
thous. of bbls _
Consumption —•
By vessels
thous. of bbls
By electric power plants.thous. of bbls..
By railroads
thous. of bbls .
Stocks at refineries, end mo.thous. of bbls..
Price, Okla., 24-26, refineries. dolls, per bbl_.
Lubricating oil:
Production
thous. of bbls .
Consumption
thous. of bbls..
Stocks at refineries, end mo.thous. of bbls..
Price, paraffin, 903 gravity. .dolls, per gal..
Asphalt:
Production
... .thous. of short tons. _
Stocks, end of month.thous. of short tons..
Coke:
Production
thous. of short tons..
Stocks, end of month.thous. of short tons..
Wax:
Production
thous. of Ibs
Stocks, end of month. _
thous. of lbs__
69,483
171,475
67, 874
75, 304
54, 566
i 60, 671
+10.9
+24.1
277, 099
278, 077 i 278, 972
285, 458
299,894
288, 064
i 287, 777
+1.6
+0.7
241, 534
35,565
242, 602 i 243, 428
35, 544
35, 475
247, 749
37, 709
252, 462
37, 432
257, 541
30, 523
256. 060
i 31, 717
+1.9
-0.7
-1.4
+18.0
31,017
87, 971
4. 514
69, 948
1,385
1,750
29, 770
87, 640
4,181
63, 351
1,342
1,700
29, 568
87, 886
4,434
69, 082
1,417
1,335
44, 871
86, 744
3,743
56, 575
1,130
1,800
i 43, 973
i 88, 466
7,216
1
63, 000
1,304
1,800
-0.7
+0.3
+6.1
+9.0
+5.6
-21.5
-32.8
-0.7
-38.6
+9.7
+8.7
-25.8
27, 960
3,145
3,425
17, 888
46,058
.210
247, 579
25, 024
2,933
3,475
18, 240
49, 714
.218
233, 504
27, 886
3,186
3,117
22, 464
52, 410
.205
21, 259 i 23, 868
2,381
i 2, 693
3,162
3,126
15, 814 1 19, 302
44, 132 i 46, 121
.175
.180
i 233, 850 i 261, 595
+11.4
+8.6
-10.3
+23.2
+5.4
-6.0
+16.8
+18.3
-0.3
+ 16.4
+13.6
+13.9
3483,590
3481,083
-12.9
-3.9
+25.0
-16.2
15, 384
10, 179
14, 368
9, 828
-6.6
-3.4
30,051
87, 440
5, 043
67, 935
1,738
1,750
26, 245
2, 967
3,779
20, 618
35,905
.210
300, 270
30, 861
87, 270
4,988
69, 820
1,556
1, 750
27, 498
3,100
3,325
21,419
39, 023
.210
287,052 i
-0.5
5,357
3,592
8,060
.093
30, 159
5,399
3,037
8,575
.093
29, 943
5,113
3,882
8,190
.094
4,453
2,590
8,655
.088
4,802
3,356
8,753
.083
4,746
3,166
6,855
.094
28, 607
i 5, 516
i 3, 492
l 7, 004
.099
l 32,801
+7.8
+29. 6
+1.1
-5.7
31, 624
33, 376
32, 936
30,185
32,377
27, 094
i 29, 824
+7.3
+8.6
85, 899
95, 498
+ 11.2
3,952
959
4,318
26, 859
1.305
4,065
803
4,371
24, 898
1.275
3,940
813
4,283
23, 195
1.255
3,579
669
3,719
22,099
1.250
3,874
3,402
715
4,040
i 20, 037
1.210
+8.2
+13.9
22, 561
1.219
3, 232
1729
i 3, 708
21, 445
1.181
+2.1
-2.5
+ 12.6
+0.7
10, 380
3 1, 756
37,974
11, 393
3 1, 482
38,002
+9.8
15 6
+0.4
2,724
1,722
7,620
.240
2,699
1,827
7,576
.240
2,570
1,496
7,867
.240
2,345
1,231
8,361
.244
2,754
2,334
8,035
.240
2,448
1,294
7,910
.240
i 2, 646
i 2, 180
7,640
.240
+17.4
+89.6
-3.9
-1.6
+4.1
+7.1
+5.2
0.0
7,742
5,106
7,669
5,061
-0.9
-0.9
216
167
214
193
191
215
173
234
222
235
152
182
211
195
+28.3
+0.4
+5.2
+20.5
525
586
+11.6
91
286
93
291
93
287
88
295
98
326
64
210
81
220
+11.4
+10.5
+21.0
+48.2
219
279
+27.4
54, 678
177,054
55, 950
185, 331
54, 114
192, 835
47, 363
198, 452
53, 644
201, 340
50, 307
123, 964
i 55, 714
130, 341
+13.3
+1.5
-3.7
+54.5
159, 036
155, 121
-2.5
22, 929
3,447
8,903
5,324
3,475
23,352
3,133
9,083
5,617
3,522
26, 110
2,296
12,357
5,791
3,763
24, 553
2,963
10, 534
6,055
3,763
34, 546
3,319
16,228
8,640
4,454
31, 747
2,823
16,125
6,493
3,758
34, 170
3,293
13, 901
9,144
4,554
+40.7
+12.0
+54.1
+42.7
+18.4
+1.1
+0.8
+16.7
-5.5
-2.2
96, 854
8,660
42, 995
23, 102
14, 151
85, 209
8,578
39,119
20,486
11, 980
-12.0
-0.9
-9.0
-11.3
-15.3
281, 620
221, 880
40, 747
18, 993
265, 932
210, 772
36,384
18, 776
260, 214
210, 528
32, 368
17,318
244, 323
195, 481
31, 897
16,945
297, 193
248, 673
32, 547
15, 973
276, 324
230, 332
31, 872
14, 120
.153
.168
.151
.167
.155
.169
.145
.158
.140
.152
.130
.183
.122
.170
-3.4
-3.8
+14.8
-10.6
60,098
69, 456
81, 890
89,320
254, 489 255, 469 219, 752 233, 925
46.201
29.923
20. 791
20.396
» Cumulative through Feb. 28.
53, 402
199, 978
16.686
83,706
216,917
22.296
+36.3
+6.4
—1.9
-2.2
+7.8
—8.5
201, 334
649, 137
64.648
211, 444
709, 146
71 110
+5.0
+9.2
4-in o
HIDES AND LEATHER
Hides
Imports:
Total hides and skins
thous. of Ibs
Calfskins
.. .
thous. of lbs_.
Cattle hides
thoiis. of lbs._
Goatskins
thous. of Ibs
Sheepskins
thous of Ibs
Stocks, end of month:
Total hides and skins ._
thous. of Ibs. .
Cattle hides
thous. of Ibs..
Calf and kip skins
thous. of Ibs..
Sheep and lamb skins
thous. of Ibs..
Prices:
Green salted, packers' heavy native
steers
.-dolls, perlb..
Calfskins, country No. 1
dolls, per lb__
Inspected slaughter of livestock:
CanadaCattle and calves
no. of animals..
Swine
no. of animals..
SheeD.
..no. of animals..
i Revised.
124, 499
263, 527
119. 940
4
No data available.
31
TREND OF BUSINESS MOVEMENTS—Continued
1926
1927
PER CENT INCREASE (+) OR
DECREASE ( — )
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
November
December
January
February
March
February
March
Mar.,
1927,
from
Feb.,
1^27
Mar.,
1927,
from
Mar.,
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
1926
1927
|
Perct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
HIDES AND LEATHER— Continued
Leather
Production:
Sole leather. -thous. of backs, bends, sides-Finished sole and belting
thous. of lbs_.
Finished upper
thous of sq. ft
Oak and union harness
stuffed sides
Skivers
___
.-doz__
Unfilled orders, end of month:
Oak and union harness
sides
Stocks in process of tanning, end of month:
Sole and belting
thous. of Ibs
Upper
thous. of sq. ft
Stocks, end of month:
Sole and belting
thous. of Ibs
Upper
_
thous. of sq. ft.
Exports:
Sole
_
thous. of Ibs
UpperTotal
thous. of sq. ft..
Cattle and calf
thous. of sq. ft..
Patent
thous of sq ft
Sheep
thous. of sq. ft..
Prices:
Sole, oak, scoured backs,
heavy, Boston
dolls, per Ib
Chrome calf, "B" grades. .dolls, per sq. ft_.
1,170
22, 748
67, 979
88, 777
26, 502
1,256
24, 199
75, 297
80, 801
17,784
188, 261
160, 767
82, 371
149,048
84,713
149, 900
76, 397
277,072
71, 855
274, 762
1
1
1,170
23,235
71, 974
63,957
19, 781
1, 221
23, 944
68, 506
63,724
1
20, 417
143, 912
126, 087
85, 718
158, 946
89, 060
151,364
67,806
272, 897
66, 340
274, 197
71 ; 544
27,405
998
19, 568
65, 309
105, 814
21, 750
1,113
21, 644
73, 903
114, 678
25, 338
+12.3
+34.2
-37.6
+8.2
99,905
96, 569
76, 992
-20.8
+29.8
78, 106
159, 474
79,022
156, 956
110,829
299, 413
106, 182
303, 863
1,403
+14.9
+26.1
3
3,169
39,664
3 132, 734
332, 844
71,356
3 3, 795 i +19. 8
47,179 1 +18.9
140, 480
+5.8
199,225 -40.1
67, 603
-5.3
3
635
839
712
1,039
1,150
1,131
1,398
+10.7
-17.7
3,604
2,901
-19.5
12, 618
7,941
3,842
835
12,790
9,143
3,040
607
12, 663
8,875
3,144
644
11,636
8,882
2,257
497
12, 293
9,250
2,404
639
11,001
8,205
2,355
441
12, 791
9,761
2,520
510
+5.6
+4.1
+6.5
+28.6
-3.9
-5.2
-4.6
+25.3
35, 497
26, 388
7,619
1,490
36, 592
27, 007
7,805
1,780
+3.1
+2.3
+2.4
+19.5
.43
.45
.43
.45
.43
.45
.43
.45
.43
.46
.46
.46
.46
.46
0.0
+2.2
-6.5
0.0
287, 351
495
285, 847
471
298, 764
500
284, 630
480
300, 656
507
376, 460
640
397, 207
679
+5.6
+5.6
-24.3
-25.3
1, 144, 345
1,958
884,050
1,487
-22.7
-24.1
26, 758
546
25,415
498
27, 103
397
559
25, 698
416
29, 928
400
+40.8
+39.8
3 49, 572
1,286
352,096
1,447
+5.1
+12.5
Leather Products
Belting shipments:
Quantity
..pounds..
Value
thous. of dolls
Shoes:
Production
thous. of pairs
Exports
thous. of pairs _
Wholesale prices —
Men's black calf,
blucher, Mass
dolls, per pair _
Men's dress welt, tan
calf, St. Louis.
dolls, per pair..
Women's black kid, dress
welt, lace, oxford
dolls, per pair..
Gloves cut:
Total
dozen pairs
Dress and streetImported leather
dozen pairs
Domestic leather
dozen pairs
Work gloves
dozen pairs
1
24, 993
491
6.40
6.40
6.40
6.40
6.40
6.40
0.0
4.85
4.85
4.85
4.85
4.85
5.00
5.00
o.o
-3.0
4.00
4.00
4.00
4.00
4.00
4.15
4.15
0.0
-3.6
205, 764
218, 961
3406,072
3 394, 257
-2.9
45,640
30, 370
129, 754
51, 816
35, 963
131, 182
386,020
3 56, 852
3 263, 2CO
3 109, 598
3 59, 084
3 225, 575
+27.4
+3.9
-14.3
48, 057
32, 865
55, 271
42, 152
+25.3
-15.7
3 97, 363
117, 421
3 99, 797
107, 192
+2 5
-8.7
10,979
69,200
.526
43, 161
14, 452
73,600
.448
45, 497
+9.6
-36.2
3 87, 689
3 89, 115
+1.6
+24.0 +15.8
+5.2
-3.2
+29.1 +24.0
11, 282
12, 285
+8.9
7,977
10, 875
+36.3
6.40
0.0
196,060
176, 605
196, 270
197, 987
51, 605
31,046
113,409
41, 673
26, 920
108, 012
50, 917
27, 736
117,617
58, 681
31,348
107, 958
52. 325
39, 155
57, 386
37,754
i 55, 691
43, 340
44, 106
28, 337
35, 515
long tons
long tons
dolls, per lb__
thous. of Ibs
46, 044
73, 100
.286
36, 737
51, 320
77, 300
.256
37, 117
57, 065
75,700
.268
44,078
66, 500
.261
45, 037
.286
thousands
thousands..
thousands-
3, 243
7,798
2,708
3,512
7,842
3,413
3, 724
7,824
3,534
»1 3, 822
8, 281
i 3, 204
4,739
8,712
4,137
3,649
8,373
2,500
4,092
9,003
3,335
thousands..
.thousandsthousands
3,639
12, 453
2,984
3,958
12, 150
4,027
4,003
11, 689
4,427
1 4, 244
12, 057
1
3, 763
5,324
12, 963
4,529
5,119
12, 818
2,750
5,272
14, 348
3,672
+25.4
+7.5
+20.4
+1.0
-9.7
+23.3
15, 498
13, 571
-12.4
9,150
12, 719
+39.0
36
128
33
38
138
29
36
136
30
136
i 132
135
60
162
52
53
163
23
50
180
29
+66.7
+22.7
+48.6
+20.0
-10.0
+79.3
155
132
-14.8
78
117
+50.0
2,910
772
1,440
1,813
533
814
1,916
718
784
2,084
718
881
1,459
351
719
2,102
449
983
3 2, 854
3777
3 1, 315
34,000
3 1, 436
3 1, 665
+40.2
+84.8
+26.6
16, 759
15,941
13,660
12, 733
16, 709
17, 635
3 33, 283
3
26, 393
-20.7
9,091
6,377
42, 199
10, 992
3,421
42,907
6,685
5,491
46, 355
6,652
4,062
48, 010
8,745
2,781
44, 074
9,111
3,884
52, 179
3 19, 255
3 7, 229
3 313, 337
9, 553
-30.7
+32.1
RUBBER
Crude Rubber
World shipments plantation
Imports (including latex)
Stocks, end of monthUnited Kingdom
Plantation, afloat
Wholesale price, Para, N. Y
Consumption by tire mfrs
long tons
long tons
Tires and Tubes
Pneumatic tires:
Production
Stocks, end of month
Shipments, domestic
Inner tubes:
Production.
_
Stocks, end of month
Shipments, domestic
Solid tires:
Production
Stocks, end of month
Shi pments, domestic
.thousands
thousands
thousands. .
1
Other Rubber Products
Rubber-proofed fabrics:
Production —
Total . .
thous. of yds
Auto fabrics
thous. of yds
Clothing fabrics
thous. of yds..
Rubber heels:
Production
thous. of pairs
Shipments—
To shoe manufacturers.thous. of pairs ._
To repair trade
thous. of pairs
Stocks, end of month
.thous. of pairs..
i Revised.
a Cumulative through Feb. 28.
32
TREND OF BUSINESS MOVEMENTS—Continued
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
1927
Novem- Decem- January
ber
ber
r
PER CENT INCREASE (+) OR
DECREASE ( — )
1826
£™-
March
February
March
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
m-,
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
1926
1927
Per ct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
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 lbs_.
164, 278
156, 409
200, 932
26, 712
142, 405 i 146, 077 i1 126, 625
148, 205
195, 980
22, 556
i 163, 466
183, Oil
18, 378
129, 771
180, 100
12, 723
167, 218
149, 163
198, 338
23, 746
133, 397
141, 695
188, 472
22, 894
153, 057
160, 368
181, 248
24, 416
+32.1
+14.9
+10.1
+86.6
+9.3
-7.0
+9.4
-2.7
439, 411
452, 178
227, 186
225, 202
43, 638
123, 582
2.75
221, 200
222, 824
42, 014
144, 425
2.75
i 229, 580 1 213, 120
i 229, 382 1211,576
i 38, 730 i 40, 274
153, 584
89, 662
2.75
2.75
239, 698
236, 938
43, 034
97, 063
2.75
209, 458
208, 948
41, 178
99, 948
2.95
235, 684
236, 768
39, 790
99, Oil
2.95
+12.5
+12.0
+7.9
+8.3
0.0
+1.7
+0.1
+8.2
^-2.0
-6.8
135, 069
163, 717
172, 537
121, 318
135, 755
161, 724 i 151, 986
144, 074
168, 241
133, 731
174, 094
176, 356
i 129, 688 i 145, 900
135, 663
154, 093
147, 477
170, 228
+10.2
+14.5
+22.4
136, 501
161, 922
170, 159
131,333
158, 866
166, 102
119, 076
145, 263
134, 209
129, 451
169, 061
166, 531
128, 635
135, 505
133, 219
142, 666
153,157
158, 400
+8.7
+16.4
+24.1
+10! 4
+5.1
902
156, 408
1,360
142, 329
874
141, 199
1,648
1,416
128, 965
1,475
173, 171
+88.6
+11.7
12, 030
14, 345
187, 272
41, 560
3.50
15,968
17, 255
232, 944
43, 624
3.30
18, 426
22, 769
224, 572
48, 251
3.30
22, 744
28,462
227,049
42, 884
3.30
14, 791
13, 500
127, 661
37, 771
3.50
18, 352
14,800
132,416
34, 185
3.50
+23.4
+25.0
+1.1
-11.1
0.0
+23.9
+92.3
+71.5
+25.4
-5.7
737
174
634
96
722
132
660
113
559
131
705
144
11, 091
12, 386
102
10,244
12, 544
U08
12, 919
11,178
1103
11, 632
11,197
101
12, 085
12, 521
10, 555
11,502
94
13,284
13,072
110
+3.9
+11.8
-9.0
-4.2
8,527
85.0
217, 850
187, 295
69, 118
201, 633
211, 005
62, 058
6,943
66.8
165, 074
190, 163
86, 562
159, 969
172, 815
55, 159
6,999
71.0
173, 629
194, 285
105, 669
163, 337
175, 528
53, 562
7,588
80.2
189, 254
183, 786
101, 905
182, 592
188, 760
53, 580
8,597
80.8
218, 645
229,336
113, 621
209, 327
217, 759
54, 368
7,975
83.1
196, 965
183,030
106, 269
187, 871
194, 704
50, 717
9,162
84.9
225, 688
219, 994
104, 128
214, 046
222, 018
54, 265
+13.3
+0.7
+15.5
+24.8
+11.5
+14.6
+15.4
+1.5
-6.2
-4.8
-3.1
+4.2
+9.1
-2.2
-1.9
+0.2
151, 187
46, 175
166, 153
34, 662
163, 023
38, 062
158, 527
40,602
154, 742
43,789
166, 536
55, 035
154, 923
42, 971
-2.4
+7.8
-0.1
+1.9
117, 613
62, 353
119, 965
64, 847
111,567
64, 199
122, 724
67,409
108, 606
59, 067
122, 725
56, 704
+10.0
+5.0
0.0
+18.9
87
92
82
5
95
91
87
7
88
88
94
9
90
90
94
10
92
92
102
10
94
97
91
10
+2.3
+2.3
0.0
+11.1
-4.3
-7.2
+3.3
0.0
96
93
88
12
104
97
93
10
102
99
97
11
98
95
90
9
101
101
102
14
97
100
98
14
-3.9
-4.0
-7.2
-18.2
+1.0
-5.0
-8.2
-35.7
92,125
67, 446
89, 475
67, 860
191,760
168,465
186,051
166,916
98, 935
69, 844
83, 019
68, 819
96, 289
70, 979
+15.0
+4.4
38, 113
52, 959
35, 650
52,408
35. 148
52; 794
34, 064
50, 999
39, 095
49, 516
39,115
49, 389
42, 408
50,038
96, 260 i 100, 753
65, 894 i 67, 593
i 95, 598
i 66, 108
110, 423
67, 254
99, 103
70, 917
639, 141 i 658, 810 i 637, 849
315, 704 i 323, 229 i 320, 228
723, 553
331, 136
Newsprint Paper
Production:
United States
. .short tons.. 140, 427
Canada
short tons.. 164, 798
Consumption by publishers . .short tons.. 183, 368
Shipments:
United States
short tons__ 141, 042
Canada
_
..short tons _ 167, 135
Imports
_
short tons__ 169, 577
Exports:
1,256
United States
short tons__
Canada
short tons- 153, 729
Stocks, end of month:
At millsUnited States
short tons__ 13, 592
12, 571
Canada
short tons
At publishers
short tons. 180, 663
In transit to publishers
- -short tons__ 37, 399
3.50
Price roll f o b mill
dolls per 100 Ibs
Printing
Book publication:
American manufacture
no of titles
Imported
no. of titles-Sales books:
New orders
thous. of books__
Shipments
thous. of books. _
Printing activity
weighted index numberBox Board
Operation
thous. of inch hours..
Operation
per ct of capacity __
Production
tons..
New orders
tons..
Unfilled orders, end of month...
tons..
Consumption of waste paper
tons..
Shipments
tons..
Stocks end of month
tons..
Stocks of waste paper, end of month :
On hand
tons..
In transit and unshipped purchases.. tons..
Book Paper
Book paper, total:
Production
_ ..short tons.. 115, 307
Stocks end of month
short tons. _ 61, 130
Coated book paper:
89
Production
per ct . of normal . .
Shipments per ct. of normal production..
88
79
Orders
per ct of normal production __
7
Unfilled" orders, end of month..
days..
Uncoated book paper:
98
Production
per ct. of normal..
93
Shipments per ct of normal production _
93
Orders
per ct of normal production
13
Unfilled orders, end of month.
days..
Other Paper
Wrapping paper:
Production
. . short tons. _
Stocks, end of month
short tons
Fine paper:
Production
_
short tons..
Stocks, end of month
short tons .
All other grades:
Production..
short tons..
Stocks, end of month
.
short tons..
Total paper (inc. newsprint and box board) :
Production
short tons.Stocks end of month
short tons
105, 511
67, 746
709, 333
324, 931
Paperboard Shipping Boxes
Production:
Total
thous. of sq. ft.. 431, 378
Corrugated
thous. of sq. ft.. 353, 307
Solid
fiber
_
thous. of sq. ft.. 78, 071
Operating activity:
80
Total
per cent of normal ..
82
Corrugated
per cent of normal. _
72
Solid fiber __
per cent of normal ._
i Revised.
+0.1
-2.2
72, 798
54, 847
-24.7
662, 388
661, 206
682, 398
677, 893
+3.0
+2.5
324, 755
340, 309
+4.8
-8.3
+13.0
+3.6
415, 591
429, 444
476, 124
390, 8C4
487, 804
488, 671
-6.0
+13.6
+2.6
g 3
410, 257
425, 160
418, 047
379, 860
473, 190
466,842
-7.4
+11.3
+11.7
5,380
3 254, 964
3, 882
3 283, 528
-27.8
+11.2
3 1, 187
3244
3 1, 382
3245
+16.4
+0.4
35, 628
35, 682
36,637
34,896
+2.8
-2.2
-8.3
25, 272
23, 184
620, 013
614, 287
581, 528
607, 4€7
-6.2
-1.1
589, 832
613, 266
555, 256
582, 047
-5.9
-5.1
342, 153
354, 256
+3.5
+2.7
-1.6
271,119
276, 746
+2.1
+14.8
-2.9
-7.8
-1.0
120, 958
108, 577 |
108, 462
73, 666
+15.5
+1.8
+1.8
-8.7
313, 899
306, 774
i 656, 496
313, 700
i 741, 472
351, 170
+13.4
+3.4
-2.4
-5.7
2, 083, 743
2,020,212
-3.0
386, 051
304, 115
81, 936
410,011
324, 983
85, 028
0.0
+0.4
-1.8
+2.7
+4.1
-2.7
1,155,114
910, 851
244, 263
1, 214, 023
968,987
245, 036
+5.1
+6.4
+0.3
85
-2.5
-2.4
87
79
-2.6
Climulative t hrough Fe b.28.
-7.1
-8.0
-3.8
359, 602
287, 714
71,888
371, 748
293, 677
78, 071
421, 165
336, 910
84, 255
421, 110
338,400
82, 710
70
70
65
71
72
68
81
82
78
79
80
76
3
439, 915
442, 400
81
81
81
-10.2
-2.3
33
TREND OF BUSINESS MOVEMENTS—Continued
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
November
December
January
123
120
99
108
72, 748
1.5, 903
60, 291
14, 490
76, 717
12, 575
83, 229
13, 569
97.1
45.1
84.5
81.9
Rental advertisements:
1,172
Portland, Oreg . - -.number
Minneapolis, Minn
number. .
4,738
Real estate conveyances (41 cities)
number.. 144, 942
1,070
3, 385
147, 057
1,144
3,131
135, 935
192
192
189
190
197
196
February
PER CENT INCREASE (+) OR
DECREASE (— )
1926
1927
March
February
March
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
+9.3
+2.6
Perct.
increase
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
1926
or decrease1
cumulative
1927
from
1926
1927
PAPER AND PRINTING-Continued
Other Paper Products
Rope paper sacks, shipments. ..index number..
Abrasive paper and cloth:
Domestic shipments
reams..
Foreign shipments
reams..
Labels:
New orders .
per ct. of capacity. _
BUILDING
CONSTRUCTION
HOUSING
i
118 i
101
115
83, 795
10, 956
96, 354
18, 907
81.0
99.8
102.8
-1.1
-21.2
1,057
2,955
129, 258
4,183
161, 754
1, 141
2,593
133, 724
1,365
3,856
166, 418
+41.6
+25.1
+8.5
-2.8
190
190
191
190
191
190
196
196
196
197
0.0
0.0
-2.6
-3.6
194
193
193
195
199
0.0
-3.0
-5.1
+16. 6
168, 620
22, 417
159, 946
26, 144
3 2, 419
9,251
447, 181
3 2, 201 j -9.0
10,269 +11.0
426,947 i -4.5
AND
Building Costs (Index Numbers)
Building materials:
Frame house, 6-room, 1st of month
Brick house, 6-room, 1st of month
Concrete factory costs (Aberthaw) 1st of following month
Building costs (Engineering News Record),
1st of following month
Construction index:
Frame
index number..
Brick, wood frame..
index number..
Brick, steel frame..
..index number..
Reinforced concrete.
index number..
i
211
212
210
209
209
208
207
0.0
+1.0
204
213
198
200
204
213
198
200
204
213
198
200
204
213
197
200
204
213
197
200
205
213
199
201
205
213
200
201
0.0
0.0
0.0
0.0
-0.5
0.0
-1.5
-0.5
9,856
5,941
37, 033
2,812
10, 037
3,721
29, 757
2,329
8,799
4,237
31, 025
2,967
14, 712
6,239
47, 938
5, 475
7,907
5,256
31, 853
2,928
15, 431
7,033
49, 139
3,936
+67.2
+47.3
+54.5
+84.5
-4.7
-11.3
-2.4
+39.1
34, 529
19, 534
118, 686
8,034
33, 548
14, 197
108, 720
10, 771
-2.8
-27.3
-8.4
+34.1
5,587
61, 531
3,266
50, 568
4,760
52, 348
7,569
82, 827
3,440
51, 660
5,880
81, 800
+59.0
+58.2
+28.7
+1.3
13, 362
195, 958
15, 595
185, 743
+16.7
-5.2
69, 634
47, 139
199, 483
21, 912
77, 829
27, 134
160, 029
16, 675
65, 937
40, 381
158, 004
21, 842
106, 925
47, 560
240, 312
35, 413
47, 319
39, 087
171, 297
19, 214
104, 113
47, 776
252, 425
28, 576
+62.2 +2.7
+17.8 -0.5
+52.1 -4.8
+62. 1 +23.9
218, 946
181, 278
607,001
60, 526
250, 691
115, 075
558, 345
73, 930
+14.5
-36.5
-8.0
+22.1
63, 357
118, 583
520, 107
13, 725
31, 625
53, 638
368, 930
16, 771
45, 765
49, 358
381, 286
19, 475
63, 948
101, 717
595, 874
32, 078
64, 728
373, 723
13, 478
46, 627 +39.7
97, 283 +106. 1
576, 800 +56.3
19, 779
111, 374
214, 772
1, 393, 896
3 26, 147
141, 338
204, 713
1, 3346, 090
36, 246
+26.9
-4.7
-3.4
+38.6
43, 758
37,911
26, 285
26, 808
30, 964
114, 938
91,004
-20.8
-7.3
-3.6
--3.4
+5.2
-0.2
-29.4
-17.3
1, 360, 224
1, 363, 466
1, 413, 665
1, 270, 298
1, 197, 094
1, 288, 582
-6.6
-12.2
140, 546
18, 834
162, 384
1,421
+15.5
-92.5
-16.5
-18.8
-17.3
-39.2
+3.7
+1.8
1, 674, 650 1, 432, 024
1, 729, 262 1, 408, 300
1, 818, 344 1, 521, 107
194, 866
149, 689
101, 561
88, 737
-14.5
-18.6
-16.3
-23.2
-12.6
Building Contracts and Losses
Contracts awarded (36 States):
Commercial buildings
thous. of sq. ft._
9,616
Industrial buildings
thous. of sq. ft..
6,613
41, 691
Residential buildings
thous. of sq. ft..
Educational buildings
thous. of sq. ft..
4,562
Other public and semi5,181
public buildings
thous. of sq. ft_.
Grand total
thous. of sq. ft._
68, 049
Contracts awarded, value (36 States):
Commercial buildings
thous. of dolls..
56, 403
Industrial buildings
thous. of dolls. . 64, 552
Residential buildings
-thous. of dolls.. 223, 305
Educational buildings
thous. of dolls
33, 535
Other public and semipublic buildings
thous. of dolls.. 46, 782
Public works and utilities.. thous. of dolls.. 49, 122
Grand total
thous. of dolls.. 473, 700
Contracts awarded, Canada
thous. of dolls. . 34, 972
Fire losses:
United States and Canada. thous. of dolls. . 26, 724
42, 855
+2.0
+37.1
+4.6
+3.3
-37.4
LUMBER PRODUCTS
Softwood Lumber
Southern pine:
Production (computed)
M ft. b. m__ 427, 430 436, 869 422, 022 403, 807 444,469
434, 400 479, 370 +10.1
Shipments (computed)
M ft. b. m__ 426, 171 345, 865 382, 751 361, 403 452, 940
456, 570 469, 737 +25.3
New orders (computed)
M ft. b. m__ 362, 275 337, 200 426, 558 402, 162 459,862
473, 852 475. 836 +14. 3
• Stocks, end of mo. (computed). M ft. b. m__ 1, 065, 538 1, 164, 232 1, 219, 779 1, 252, 224 1, 239, 474 1, 156, 211 1,178,497
-1.0
Exports, lumber
M ft b m
47, 531
58, 692
46, 648
64, 492
51, 244
44, 825
51, 362
+9.9
Exports, timber. .
M ft. b. m
58
74
1,071
261
89
10, 950
126 -91.7
Price flooring ....dolls, per M ft. b. m__
43.02
41.31
40.04
40.81
49. 84
39.66
47.96
-0.9
Douglas fir:
Production
M ft. b. m
503, 603 419, 893 410,045 510, 766 511, 213
601, 191 612, 382
+0.1
Shipments (computed)
M ft. b. m__ 457, 943 405, 121 411, 836 485, 698 510, 766
577,465 629, 392
+5.2
New orders
M ft b m
512, 556 401, 987 458, 839 516, 138 546, 130
590, 895 660, 280
+5.8
Exports, lumber
.M ft. b. m
63, 801
47, 794
53, 944
48, 025
47, 720
61, 340
78, 509 -11.5
Exports, timber
M ft. b. m__
56, 042
22, 994
46, 442
26, 449
39, 294
33, 571
37, 909 +70.9
Price, No. 1 common. dolls, per M ft. b. m__
16.23
16.89
16.43
17.19
16.80
16.00
16.50
-2.3
Price,flooring,1x4, "B" and
better V G
M ft. b. m_.
37.41
36.24
36.06
35.92
35.99
40.09
+0.2
40.20
California redwood:
Production (computed)
M ft. b. m.. 49, 906
30, 852
32, 099
32,511
42, 418
40, 965
57, 078 +30.5
Shipments (computed)
M ft. b. m._
47, 116
24, 043
35, 851
37, 061
51, 273
41, 616 +38.4
33, 709
New orders (computed)
M ft. b. m__
32, 014
46, 259
40, 121
42, 600
59, 952
39, 648
53,913 +40.4
California white pine:
Production
._
M ft. b. m
100, 885
81, 226
44, 2^7
55, 821
53,978
96, 129
Shipments
_
M ft. b. m._
91, 472
75, 706
89, 293
73, 874
115, 576
91, 759
Stocks, end of month
_._ M ft. b. m__ 674, 249 690, 157 591, 017 560, 748
540, 585 485, 007
Western pine:
Production (computed)
M ft. b. m__ 125, 685
88, 122
69, 113 i 80, 234 113,597
95, 217
151, 165 +41.6
Shipments (computed)
M ft. b. m__ 130, 469 112, 917 114, 579 i 117, 193 142, 518
125, 251
152, 165 +21.6
Stocks, end of mo. (computed). M ft. b. m__ 1, 142, 636 1, 127, 426 1, 069, 835 U, 036,454 1, 017, 541 1, 099, 644 1,094,268
-1.8
North Carolina pine:
Production (computed)
M ft. b. m__
50, 050
48, 797
47, 712
55, 013
48, 755
51, 639
48, 895 -11.4
Shipments (computed)
...M ft. b. m._
47, 271
45, 367
47, 054
57, 967
47, 838
49, 700
45,388 -17.5
3
* Revised.
Cumulative through Feb. 28.
-8.8
-10.5
-25.7
-4-23.2
+11.2
139, 889
108, 814
138, 393
107, 028
124, 185
142, 673
-23.5
+14.1
+3.1
3101,817
3 203, 746
33 100, 068
149, 580
-1.7
-26.6.
-24.9
—6.3
-7.0
329, 147
397, 511
262, 944
374, 280
-20.1
-5.8.
-0.3
+5.4
139,118
141,638
151,480
152, 859
+8.9
+7.9,
34
TREND OF BUSINESS MOVEMENTS—Continued
1926
1927
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
Novem- Decem- January
ber
ber
PER CENT INCREASE (+) OR
DECREASE (— )
1936
Fe
^u-
March
February
March
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
Perct
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
1927
1926
LUMBER PRODUCTS— Continued
Softwood Lumber— Continued
Northern pine:
LumberProduction
Shipments
New orders
LathProduction
Shipments
Northern hemlock:
•
Production
Shipments
__M ft. b. m__
__.M ft. b. m__
M ft. b. m__
25, 649
39, 452
24, 677
27, 693
28, 115
25, 550
32, 493
30, 557
29, 184
35, 127
33, 603
32, 393
38, 777
33, 908
31, 109
31, 546
39, 043
36, 128
36, 742
43, 260
42, 000
-11.4
+15.4
+4.7
-15.3
-10.4
-19.3
104, 113
123, 236
119, 527
98, 729
-5.2
102,937 ! -16. 5
95,485 ! -20.1
M ft. b. m
M ft. b. m__
5,729
4,342
6,372
4, 668
7,251
6,261
7,338
7,795
6,532
7,875
8,282
8,148
8,791
13, 599
-11.0
+1.0
-25.7
-42.1
26, 319
30,437
21,121 ! -19.7
21, 931 -27.9
15,504
17, 797
13, 602
12, 756
19,811
14,474
21,854
15, 773
16, 633
15,445
17, 727
14, 629
2,378
3,310
11, 591
2,996
2,502
12, 202
2,417
2,809
11,810
2,606
3,303
11,103
3,319
3,115
11, 291
3,156
3,627
18,010
2,874
4,011
17,473
2,273
2,462
2,441
2,117
2,858
2,559
2,781
+35.0
+2.8
7,416
7,416
2,335
1,754
2,737
7,039
2,357
1,907
2,543
6,789
2,088
2,260
3,621
7,591
2,361
1,927
2,564
7,574
2,738
2,047
3,736
7,279
2, 393
1,485
2,882
7,367
2,821
1,388
4,245
7,830
+16.0
+6.2
+45.7
-3.9
-2.9
+47.5
-12.0
-7.0
7,287
7,187 ;
-1.4
9,921
-8.1
11,394
26, 153
15, 578
22, 227
38, 053
25, 178
40, 162
28, 472
51, 856
33, 866
54,622
33, 301
897, 818
231, 160
308, 099
921,875
242, 602
315, 826
898, 606
238, 364
304, 723
862, 624
228, 621
304, 766
862, 428
225, 823
303, 719
783, 215
226, 818
246, 619
769, 992
221, 397
247, 154
0.0 +12.0
-1.2
+2.0
-0.3 +22.9
690, 785
168, 703
235, 911
718, 373
176, 443
255, 457
698,475
168, 645
252, 811
663, 146
162, 053
242, 949
661,711
159, 759 1
241, 518
607, 117
174, 314
186, 202
593, 423
168, 507 |
184, 817
-0.2 +11.5
-5.2
-1.4
-0.6 +30.7
239, 059
76, 790
79, 739
234, 651
78, 594
67, 841
232, 338
83, 627
59, 143
230, 731
79, 605
68, 816
234, 933
81, 904
68, 633
216, 186
74, 488
66, 670
208, 965
68, 952 i
68, 884
+1.8
+2.9
-0.3
+12.4
+18. 8
-0.4
90, 000
91, 000
92, 000
82, 000
79, 000
74, 000
84, 000
84, 000
90, 000
84, 000
94, 000
100, 000
83, 000
93, 000
94, 000
85, 000
92, 000
100, 000
82, 000
86, 000
90, 000
-1.2
-1.1
-6.0
+1.2
+8.1
+4.4
248, 000
263, 000
277, 000
+9.2 -11.6
+0.1 -18.4
7, 462, 608
500, 695
M ft b m
M ft b m
3 32, 934
3 29, 597
3
41,665
330,247 |
+26.5
+2.2
Hardwood Lumber
Walnut lumber:
Production
M ft b m
Shipments
M ft. b. m
Stocks end of month
M ft b m
Walnut logs:
Purchased
M ft. Ig. measureMade into lumber and
veneer .
M f t Ig. measure
Stocks end of month
M ft Ig. measure
New orders*
M ft. b. m__
Unfilled orders, end of month*. M ft. b. m__
Northern hardwoods:
Production
M ft b m
Shipments
_ M ft. b. m
Total stocksTotal hardwoods
M ft b in
Gum
M ft. b. in
Oak
M ft b m
Unsold stocks —
Total hardwoods
M ft b m
Gum
M ft. b. m
Oak
_
M ft. b. m_.
Unfilled ordersTotal hardwoods
M ft. b. m
Gum
M ft. b. m__
Oak
M ft. b m
All hardwoods:
Production (computed)
M ft. b. m._
Shipments (computed)
M ft. b. m__
Orders (computed)
M ft b m
Total Lumber
Production, 10 species
M ft. b. m 2, 279, 825 2, 108, 796 12,098,788 12,216.344 2, 419, 613 2, 470, 531 2, 737, 616
188, 249
164, 263
178, 697
156, 720
153, 607
166, 080
153, 700
Exports, planks, joists, etc
M ft. b. m
Retail yards, Minneapolis district:
7,207
9,824
6,134
l 9, 943
6,055
6,061
Sales
_
.
-M ft. b. m... 14, 697
104, 520 * 106, 752
89, 444
103, 928
105, 096
88, 276
100, 202
Stocks, end of month
M ft b. m
Composite lumber prices:
43.79
41.11
41.08
41.15
41.15
43.00
40.80
Hardwoods
dolls per M ft b m
31. 44
29.78
29.74
31. 32
30.26
29.98
29.76
Softwoods
dolls, per M ft. b. m._
Flooring
Maple flooring:
7,845
9,624
12, 152
9,842
8,888
9,589
11, 750
Production
M ft. b. m
9,221
9,541
6,526
9,363
9,765
7,880
8,085
Shipments
.. _
M ft. b. m._
30,
447
31,
197
29,
034
30,
367
33, 619
35, 483
29, 710
Stocks end of month
M ft b m
9,224
7,083
6,171
7,071
6,587
6,405
8,120
New orders
M ft b m
11,
761
6,224
10,
762
7,669
7,350
6,847
9,300
Unfilled orders, end of month __M ft. b. m,_
Oak flooring:
44, 540
35, 215
47, 686
39,917
37, 489
35, 601
Production
M ft. b. m__ 40, 029
37, 708
43, 543
42, 535
30, 504
31, 929
34, 925
34, 501
Shipments
M ft b m
54, 362
57, 291
67, 833
60, 145
70, 629
67, 079
70, 090
Stocks end of month
M! ft b m
33,411
42, 267
37, 497
44, 609
33, 827
34, 595
39, 133
New orders
M ft b. m
49, 599
45, 231
35, 995
47, 975
41, 061
45, 275
Unfilled orders, end of month__M ft. b. in._ 32, 603
+27.4 +15.5
-5.7 -22.3
+1.7 -35.4
9,173
11,262
10,800
s 100, 251
3 66, 562
+62.1
+1.1
-1.2
-1.6
-0.7
+1.7
-5.1
+7.9
+15.8
+2.2
+26.8
+35.8
-0.4
+1.5
-2.7
-12.0
-20.9
+12.1
+21.8
-3.2
+14.0
+6.0
-16.3
-2.3
+18.4
+5.5
+6.1
8,342 ' -9.1
9,227
-18.1
0.0
378,215 !
22.0
353,650
-19.4
:
251,000
271, 000
284, 000
+1.2
+3.0
+2. 5
6, 734, 745 j
486,004 i
-9.8
-2.9
25, 262
22, 019 , -12.8
26, 391
22, 890
28,319
25,328
24, 571
21,112 i -14.1
-,s
+7.3
+10.7
137, 397
122, 749
110, 733
109, 389
-19.4
-10.9
110, 124
121, 239
+10.1
3 95, 368
3 90, 893
-4.7
3 24, 678
3 17, 007
-31.1
3 21, 754
3 23, 344
3 15, 514 -28.7
3
19, 948 , -14.5
Wooden Furniture
Household furniture and case goods:
58, 183
41, 957
48, 563
Shipments
dolls average per firm
73, 694
46, 819
Unfilled orders
dolls., average per firm.. 67, 016
Grand Eapids district:
31
28
25
Shipments
No of days' production
15
34
46
New orders
No of days' production
Unfilled orders, end of
60
42
57
month
No of days' production
Outstanding accounts, end of
52
61
56
month
No of days' sales
12.0
6.0
31.0
Cancellations
per cent of new orders. _
102.0
100.0
98.0
Plant operation
per cent of full time__
Piano benches and stools:
13, 557
10, 469
8,427
New orders (av per
firm)
dollars
Unfilled orders, end of month (av. per
6,663
2,600
3,490
firm)
dollars..
Shipments—
7, 259
14,300
Value (av. per
firm)
dollars.. 15, 533
9,347
17, 763
Ouantitv
_
oieces.. 20, 474
s Cumulative through Feb. 28.
i Revised.
48, 936
65, 131
42, 207
72, 763
57, 364
58, 484
25
19
27
22
28
23
30
25
+8.0
+15.8
-10.0
-12.0
49
42
78
68
-14.3
-38.2
55
14.0
100.0
55
16.0
97.5
54
9.0
98.0
52
13.5
100.0
8,580
11,086
10, 811
2, 921
3,353
3,154
8,255
10, 601
10, 757
13, 186
10, 916
13, 222
0.0 +5.8
+14.3 +18.5
-2.5 -2.5
*See table on p. 25 of April, 1927, issue for further data.
35
TREND OF BUSINESS MOVEMENTS—Continued
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
PEE CENT INCREASE (+) OR
DECREASE ( — )
1936
1937
November
December
January
3,791
3,625
2,913
3,891
3,219
3,348
3,711
2,991
4,548
3,579
3,591
3,587
231
214
82
151
59
116
72
70
February
February
March
March
Mar.,
1927,
from
Feb.,
1927
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
Mar.,
1927,
from
Mar.,
1926
1926
1927
3 7, 995
3 8, 279
3 6, 930
3 6, 339
-57.9
582
221
+30.4 +113.6
-0.3 +30.7
-52.0 -18.7
-40.8
+8.7
+78.6
+9.0
1,016,339
1, 821, 278
1,112,061
Per ct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
LUMBER PRODUCTS— Continued
Plywood and Veneer
Plywood:
New orders
thous. of sq. ft. of surface..
Shipments
thous. of sq. ft. of surface..
Unfilled orders, end of
month
.thous. of sq. ft. of surface..
Rotary-cut veneer:
Purchases
_
number of carloads
Receipts
number of carloads
90
100
4,232
4,341
3,401
4,721
6,130
5,349
146
214
+25.0
+42 9
-13.3
-23. 4
-62.0
Barrel Headings
Circled headings for wooden barrels:
Production (rough)
Shipments (finished)
..
New orders (finished)
Unfilled orders, end of month
358, 733
724, 085 1 508, 827 11 739, 936 965, 163
451, 868
632, 542
596, 824
860, 875 1 617, 160 1 782, 564 779, 871
523, 066 250, 939
431, 569
308, 803
630, 907 i 568, 835
987,222
2,577,303 1,374,498 1, 993, 216 1, 812, 076 1, 072, 794
970, 130
3,069,088 2, 977, 129 2,924,016 3,035,957 3, 309, 362 1,794,937 1, 853, 125
...sets.. 752, 557
sets
697, 679
sets.. 534, 616
Stocks on hand, find of month
2, 213, 926 +117. 8
2, 179, 595 +19.7
+20.8
1,342,840
STONE, CLAY, AND GLASS
PRODUCTS
Clay Products
Face brick, averages per plant:
Production
.
thousands
852
687
2,939
1,007
476
373
2,322
1,031
648
628
2,443
1,032
487, 217
62, 455
115,013
335, 223
78
17.00
17.00
355, 139
60,014
110, 866
262, 481
30
17.00
339,392
69, 597
150, 485
280, 612
17
17.00
0.0
0.0
12, 902
5,501
71, 640
4,639
55
55, 982
23, 132
7,787
84, 316
15, 063
985
57, 550
20, 170
9,896
115, 977
12, 984
151
51, 573
22, 642 +79.3
10, 996 +41.6
123, 997 +17.7
21, 805 +224. 7
18
63, 364
+2.8
+2.2
-29.2
-32.0
-30.9
40
52
+81.8
29 8
716
542
2,104
741
610
338
2,241
673
489
282
2,409
727
560
421
2,767
871
451, 563
182, 716
217, 740
274, 850
21
12.25
453, 452
88, 997
149,315
311, 979
64
15.50
462, 565
58, 331
93, 806
324, 837
68
17.00
18, 516
Shipments
„ _,
thousands
20, 711
Stocks, end of month
thousands.
63, 207
Orders received _ _
thousands
12, 874
Cancellations
thousands. _
2,999
Unfilled orders, end of month—thousands. . 51, 606
13, 815
10, 681
65, 800
10, 003
109
50, 701
11, 665
7,142
64, 893
11, 964
188
55, 869
Shipments
t.honsfltids
Stocks, end of month _
thousands _
Unfilled orders, end of month ..thousands..
Common brick:
Stocks, end of monthBurned . _ _
thousands
Unburned
.thousands
Shipments.
thousands
Unfilled orders, end of month.. thousands..
Plants closed down
number
Price, red, New York
dolls, per thous..
Paving brick:
Production, actual
thousands. _
Operations, relation to
capacity
per cent
Sand lime brick:
Production
thousands-Shipments by rail
. . . „ thousands
Shipments by trucks
thousands..
Stocks, end of month
thousands
Unfilled orders, end of month.. thousands. _
Vitreous china plumbing fixtures:
Orders received
pieces..
Shipments
.pieces..
Unfilled orders, end of month
pieces..
Stocks, end of month
pieces..
Floor and wall tile:
Production
thous. of sq. ft..
Shipments, value
thous. of dolls__
Shipments, quantity
thous. of sq. ft..
Stocks, end of month
thous. of sq.ft
Architectural terra cotta, new orders:
Quantity _
..net tons..
Value..
..
. thous. of dolls _
Portland Cement
Production
Shipments
Stocks, end of month
Wholesale price:
Chicago district
Lehigh Valley
.
+52.1
+63.2
+6.2
+15.6
+31.5
+9.4
+20.3
-2.4
3
1,708
1,352
1,901
1,390
+11.3
+2.8
217, 554
3 208, 819
-4.0
62, 141
31, 129
47, 699
20, 430
-23.2
-34.4
46, 243
513
31, 666 -31.5
1,228 +139. 4
-9.2
53
36
20
16, 923
6,363
10, 240
8, 953
18, 150
12, 049
3,825
7,401
11, 583
7,701
8,307
3,939
5,438
17, 032
17, 908
9, 679
5, 843
*
6,
792
1
13,
866
1
18, 580
406, 956
208, 076
616, 864
524, 937
167, 752
206, 199
578, 251
570, 069
190, 769
279, 299
497, 700
559, 259
144, 860
265, 390
377, 170
545, 769
217, 059
243, 138
351, 091
597, 823
230, 639
227, 924
530, 096
443, 043
243, 499 +49.8
-8.4
268, 792
-6.9
504,803
472, 199 i +9.5
-10.9
-9.5
-30.4
+26.6
746, 095
727, 223
552, 688
787, 827
-25.9
+8.3
5,457
4,969
1,895
8,545
5,311
4,935
1,877
8,776
5,514
4,331
1,648
10, 010
5,129
4,351
1,658
11, 032
5,467
5,188
1,963
11, 283
4,829
4,165
1,564
7,649
5,524
+6.6
4, 867 + 19.2
1,817 +18.4
8,422
+2.3
-1.0
+6.6
+8.0
+34.0
15, 310
13, 321
5,000
16, 109
13, 870
5,268
+5.2
+4.1
+5.4
10, 690
1,221
10, 414
1,155
9,851
1,138
1
7, 948
!882
11, 780
1,296
10, 742
1,402
15, 617
2,046
+48.2
+46.9
-24.6
-36.7
39, 701
5,093
29, 579
3,316
-25.5
-34.9
thous. of bbls__
__thous. of bbls__
thous. of bbls
14, 193
11, 276
16, 243
10, 744
6,432
20, 616
8,258
5,968
22, 914
1
1
7, 377
6, 731
23, 560
11, 452
11, 083
23, 930
7,731
5,820
22, 385
10, 390
9,539
23, 236
+55.2
+64.7
+1.6
+10.2
+16.2
+3.0
26, 008
21, 033
1
27,087 I +4.1
23, 782 +13.1
dolls, per bbl_.
dolls, per bbl
1.65
1.65
1.65
1.65
1.64
1.63
1.60
1.55
1.60
1.55
1.65
1.75
1.65
1.75
0.0
0.0
-3.0
-11.4
5,595
3,231
6,797
3,518
4,236
2,656
4,391
2,336
9,300
5,135
5,012
2,727
7,938 +111.8
4,663 +119. 8
+17. 2
+10.1
16, 579
9,551
17, 927
10, 127
+8.1
+6.0
29, 768
1,128
10, 478
26, 298
951
10, 047
8,115
508
9,839
5,385
491
9,599
10, 119
435
9,632
11,837
492
10, 803
8,535
430
10,690
+87.9
-11.4
+0.3
+18.6
+1.2
-9.9
32,482
1,308
32,331
23, 619
1,434
29,070
-27.
+6.6
-10.1
thous. of sq. ft.,
9,705
i Re>rised.
7,344
8,484
9,790
11,641
10, 544
11, 617
+18.9
+0.2
32,890
29, 915
-9.0
22
1
1
1
57
16, 748
7,707 i
10, 811
13, 802
25, 415
+73.0
+31.9
+59.2
—0 5
+36.8
Highways
Concrete pavements, new contracts:
Total
thous. of sq. yds..
Roads
thous. of sq. yds..
Federal-aid highways:
Completed—
Cost
thous. of dolls..
Distance
miles. Under construction, end of month ..miles..
Plate Glass
Production, polished
3 (Dumulativ e
through 1?eb.28.
36
TREND OF BUSINESS MOVEMENTS—Continued
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927 > "Survey"
Novem-
1927
December
January
1,693
5,822
8,714
2,045
69.0
2,414
1,592
6,315
9,453
2,032
71.3
2,725
1,803
6,541
10,274
1,942
70.8
2,853
1,867
6,646
11, 219
3,956
52.6
46.9
47.7
3,879
50.0
40.2
47.2
2,948
35.6
35.5
40.5
1.2
3.6
1.0
3.7
0.6
3.7
ber
February
February
March
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
PER CENT INCREASE (+) OR
DECREASE (— )
1926
March
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
+15.0
+2.1
-16.2
+26.8
-2.4
-0.7
+13.0
+5.9
+4.4
+15.2
+9.7
+10.1
31
1926
1927
Perct
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
STONE, CLAY, AND GLASS
PRODUCTS— Continued
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..
2,143
72.3
2,553
2,234
72.3
2,390
2,368
6,488
11, 137
1,834
72.6
2,166
1,744
5,982
10,017
1,977
68.3
2,290
2,056
5, 915
10, 116
2,620
37.2
48.2
40.7
2,996
41.8
45.9
42.2
3,517
43.9
45.3
42.9
1.1
3.6
1.1
6.3
1.1
6.4
5,816
6,208
+6.7
7,260
5,504
7,968
6,038
+9.8
+9.7
5, 568
-6.7
1,807
-39.3
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. _
3 5, 971
3
i
CHEMICALS AND OILS
Chemicals
Sulphuric acid:
420
639
867
668
1,325 -51.6
591
519
Exports
._.
thous. of lbs__
.75
.70
.75
.75
.70
.75
Price wholesale, 66°, N. Y.dolls. per 100 lbs__
.75
0.0
Nitrate of soda:
171, 929 +180. 4
94, 151
156, 354
63, 660
33, 578
47, 240
51, 448
Imports
long tons..
Production in Chile90,479
74, 253
220, 000
228, 000 +21.9
86, 731
79, 151
Quantity
metric tons.. 111,283
28
79
30
28
88
25
Units reporting
number of plants. _
0.0
36
18, 394
19, 308
29, 347
25,632
38, 856
34, 411
30, 189
+5.0
Potash, imports
long tons..
Acid phosphate:
309, 033
289, 095
271, 680
i 319, 513
Production
short tons.. 272, 571
346, 182
'2,073,322 1, 544. 347
Stocks end of month
short tons 1, 635, 805 2, 191, 725 2, 302, 048 2, 275, 219
Fertilizer:
Consumption in Southern
103, 048
526, 471
836, 910 1, 498, 707 1, 342, 696 1, 740, 493 +79.1
States
short tons..
79, 693
109, 580
111, 190
93, 365
106, 850
Exports
- - -long tons..
67, 678
-1.4
73, 993
70, 466
Dyes and dyestuffs, exports:
253
388
228 +53.4
209
177
227
126
Vegetable...
thous. of lbs__
2,104
3,595
2,951
2,925 +21.8
1,865
1,611
2,672
Coal-tar
thous. of lbs__
Price index numbers:
204
206
205
203
203
200
Crude drugs
index number .
+1.0
211
126
135
202
192
Essential oils
index number __
126
125
143
+0.8
155
156
Drugs and pharmaceuticals.index number. .
155
155
156
156
0.0
156
113
114
114
Chemicals
_ .index number. .
114
113
112
112
0.0
134
149
129
137
152
134
128
Oils and fats
index number .
-2.2
Wood Chemicals
Acetate of lime:
Production14, 100
13, 468
United States
thous. of Ibs.
921
1, 084
Canada
thous. of lbs._
Shipments —
14, 187
United States
. thous. of Ibs.
15, 510
Canada
thous. of Ibs.
1,376
1,228
Stocks, end of month —
16, 421
United States
thous. of Ibs
16, 328
1,440
Canada
thous of Ibs
1,149
Exports
.- - thous. of Ibs _
1,797
675
Price wholesale
dolls per cwt
3.38
3.50
Methanol, crude:
ProductionUnited States
.
gallons.
733, 678
720, 798
38, 520
Canada
gallons35, 946
Stocks at crude plants, end of month—
United States
gallons
463, 049
278, 219
Canada
gallons
35, 585
31, 947
Stocks at refineries and in transit144, 136
United States
gallons
207, 682
Canada
gallons
15, 369
18, 947
8,704
29, 869
Exports
gallons.75
Price wholesale N Y
dolls per gal
.81
Wood:
ConsumptionUnited States
cords
70, 653
73, 701
9,334
Canada
cords
4,732
Stocks, end of month502, 482
473, 964
United States
cords
Canada
cords
38, 129
37, 569
Methanol, refined:
Production—
United States
gallons
623, 544
531, 764
Canada
gallons
37, 500
32, 645
Stocks, end of monthUnited States
gallons . i 331, 256 i 284, 754
43, 964
Canada
gallons.
49, 492
Ethyl Alcohol
Production
thous. of gals.
17, 640
Withdrawn for denaturation
thous. of gals.
18, 696
Warehouse stocks, end of month.thous. of gals.
9.913
i Revised.
15, 622
18, 108
6,868
-45.2
431, 910
174, 969
-59.5
-60.3
-64.6
-50.3
683. 000
256
92, 853
243, 883
81
67, 891
-64.3
-68.4
-26.9
3 673, 918
3 560, 775
-16.8
-13.9
+2.6
3, 734, 358
260, 336
2, 862, 088
288, 448
-23.4
+10.8
+70.2
+22.9
569
6,088
868
8,411
+52.5
+38.2
+0.5
-34.4
-0.6
+0.9
-11.8 |
-0.1
+10.5
41, 644
3,012
41, 144
3,102
-1.2
+3.0
10, 525
534
9,954 +35.8
748 +393. 3
+38.9
-1.1
31, 818
1,848
34, 076
1,399
+7.1
-24.3
22, 751
3, 196
1,579
3.50
21, 715
1,836
615
3.25
25, 991
+1.5
1,934
+1.0
2,251 +215. 8
3.25
0.0
-12.5
+65.3
-29.9
+7.7
4,152
3,709
-10.7
630, 583
i 39, 556
680, 345
38, 963
683, 707
42, 705
738, 958
36, 038
+7.9
-1.5
-7.9
+8.1
2, 174, 957
124, 660
2, 066, 401
128, 404
-5.0
+3.0
397, 999
48,446
340, 847
38, 984
420, 626 1, 176, 337 1, 280, 625
33, 335
46, 343
48, 830
+23.4
-14.5
-67.2
-28.1
341, 444
15, 913
11,012
.83
613, 939
19, 657
16, 226
.83
645, 852
22, 574
20, 584
.83
685, 995
29, 478
39, 270
.58
750, 480
33, 089
62, 139
.57
+5.2
+14.8
+26.9
0.0
-13.9
-31.8
-66.9
+45.6
171, 663
47, 822
-72.1
80, 233
i 6, 096
68, 972
i 4, 946
76, 079
4,890
71, 568
5,326
78, 264
4,522
+10.3
—1.1
-2.8
+8.1
227, 071
16, 068
225, 284
15, 932
-0.8
-0.8
492, 811
33, 272
453, 040
28, 806
468, 493
31, 803
524, 411
58, 985
519, 662
55, 893
+3.4
+10.4
-9.8
-43.0
488, 037 i 311, 583
35, 290
37, 070
575, 978
39, 925
532, 309
38, 070
607, 586
29, 140
+84.9
+7.7
-5.2
+37.0
1, 782, 292
98, 755
1, 375, 598
112, 285
-22.8
+13.7
436, 656
58, 596
426, 736
64, 719
597, 379
67, 938
i 727, 244 i 655, 282
72, 629
69, 371
+40.0
+5.0
-8.9
-6.5
13, 235
8,907
3.563
10, 324
9,152
9.842
i 12, 667
1976
14, 296
926
12, 905
1,010
10, 067
509
i 10, 184
150
13, 825
740
19, 910
i 2, 187
1,630
3.50
i 22, 422
3,163
500
3.50
755, 473
i 49, 885
1
2,979
+12.9
-5..1
14, 181
U,200
3
14, 314
838
-68.3
+7.1
13, 153
12, 765
9,501
9,407
7,282
5.801
Cumulative through Feb. 28.
3 29, 115
3 27, 119
3
3
23, 559
18, 059
-19.1
-33.4
37
TREND OF BUSINESS MOVEMENTS—Continued
1926
1927
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
November
February
PER CENT INCEEASE (+) OB
DECREASE (— )
February
December
January
39, 628
41, 475
37, 913
15, 126
36, 143
34, 317
33, 159
17, 145
33, 846
33, 726
33, 616
17, 303
25, 885
29-, 143
7,386
5,138
10, 132
4,681
3,499
63, 650
70, 788
12, 685
58, 321
63, 835
13, 228
48,993
53,098
8,794
40.047
42, 806
5,035
24, 668
21, 871
3,188
37, 647
46,719
4,807
26, 866
30,470
6,064
March
March
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
CNMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
1926
1927
Per ct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
CHEMICALS AND OILS— Continued
Explosives
(Black powder, permissibles, and other high
explosives)
Production
Shipments
New orders.Stocks end of month
thous. of Ibs
thous of Ibs
thous. of lbs_.
thous of Ibs
35, 383
33, 578
31, 102
19, 145
33,886
32, 370
29, 335
16, 777
33 63, 674
62, 445
a 59, 052
36,238
36,469
34, 266
17, 349
3 69, 229
67, 304
3 64, 718
3
+8.7
+7.8
+9.6
Naval Stores
Turpentine (gum):
Net receipts, southern ports
_ barrels. .
Stocks, end of month—
At three ports
barrels..
At five ports
barrels
At stills
barrels
Price, southern, in barrels,
New York
dolls, per gal..
Rosin (gum):
Net receipts, southern ports _ . .barrels. .
Stocks, end of month—
At three ports
barrels..
AtfivepOrts
barrels. .
At stills
barrels- .
Price, common to good (B),
New York
dolls, per bbl_.
Rosin (wood) :
Production
barrels..
Stocks, end of month
barrels. .
Turpentine (wood) :
Production
_
...barrels..
Stocks, end of month
barrels..
Pine oil:
Production
. barrels..
Stocks, end of month
barrels. .
Roofing
Roofing felt:
Production dry'felt
tons
Stocks, end of month, dry felt
tons..
Prepared roofing:
Shipments
thous. of rcof squaresTotal vegetable oils and copra:
Exports
... thous. of lbs_.
Imports
_
thous. of lbs._
Copra, imports
short tons
Copra or coconut oil:
Imports
thous. of Ibs.
Consumption in oleomargarine
thous. of Ibs
Oleomargarine:
Production
thous of Ibs
Consumption
thous. of Ibs
-1.3
.86
.83
.75
.74
1.00
1.00
122, 847
39, 136
27,214
36, 322
31, 082
20, 196
+33.5 +79.8
184,405
203, 744
90, 163
208, 789
229, 189
92, 860
160,120
179,943
84,261
147, 635
166, 323
74, 774
81,013
77,848
58,431
169, 140
196, 157
78, 704
117, 182
137, 263
58, 846
-45.1 -30.9
-53.2 -43.3
-21.9 -0.7
-4.1
14, 692
22, 656
+54. . 2
87, 744
102, 672
+17.0
-26.0
.89
107, 801
+1.2
13.08
12.24
12.38
11.71
11.23
13.33
11.10
33,373
22, 831
32, 864
27, 736
35, 168
33, 513
32,043
45, 124
35, 313
31, 250
18, 945
* 17, 630
24, 145
i 21, 699
+10.2 +46.3
-30.7 +44.0
63,560
102, 534
+61.3
6,612
3,773
6,499
4,911
7,053
5,531
6,587
7,314
7,253
4,096
3,930
2,670
4,934
2,706
+10.1 +47.0
-44. 0 +51.4
13,227
20, 893
+58.0
238, 322
239, 017
220, 827
254, 259
241,563
305, 151
207, 197
313,457
245, 232
268, 344
125,247
645, 441
173,465
598, 459
+41.4
-55.2
433, 847
693, 992
+60.0
22, 013
3,246
17, 857
3,545
19,266
3, 628
19, 669
4,045
17, 829
4,279
25,061
5,943
36,024
38, 935
+8.1
2,441
2,115
1, 405
1,691
2,891
2.053
2,752
+5.1
6,504
5,987
5,336
67,086
21, 793
6,862
47, 533
20,015
6,967
51, 953
19, 681
8,435
38, 212
1 12, 520
6.950
48, 137
14, 747
7,073
57, 747
12, 020
4,631
45, 890
19, 564
-17.6 +50.1
+26.0 +4.9
+17.8 -24.6
19, 174
161,294
46, 664
22, 352
138, 302
46, 948
33,713
25, 400
31, 588
16, 153
16, 130
21,644
11, 703
-0.1 +37.8
54,724
63, 871
-7.9
+16.6
-14.3
+0.6
+16.7
9,850
10, 611
9,837
9,679
8,132
8,925
317.459
3 19, 516
23,428
23,800
24, 798
24, 530
22, 748
21, 859
22, 345
20, 356
20, 721
21, 481
22,413
21, 268
3 43, 306
3 42, 982
3 45, 093
.3 42, 215
+11.8
+4.1
-1.8
-26.6 +94.8
-11.5 +18.4
-31.2 +37.0
964,011
1, 969, 416
1, 411, 307
2,173,410
+46.4
+10.4
+22.2
+59.0
570, 524
646, 442
+13.3
-15.4 +9.1
+9.1 +66.8
497, 153
578, 200
+16.3
-21.4
+5.4
Cottonseed
Cottonseed:
Receipts of mills .
short tons.. 1,222,493 834, 925 568, 190
Consumption (crush)
short tons.. 980, 321 932, 726 870, 456
Stocks at mills, end of month.. short tons.. 1, 387, 387 1, 291, 912 1, 029, 646
Cottonseed oil, crude:
256, 030
Production
thous. of Ibs
296, 197
275, 127
Stocks, end of month
thous. of Ibs.. 131, 035 155, 455 172, 358
Cottonseed oil, refined:
Production
thous. of Ibs _ 237, 599 229, 142 205, 749
Stocks, end of month
thous. of Ibs.. 232, 983 332, 344 397, 432
Price, yellow, prime,
. 08
.08
.09
New York
_
dolls, perlb..
Consumption in oleomar2,008
2,013
2,158
garine
thous of Ibs
Cottonseed cake and meal:
Production
short tons.. 438, 410 416, 246 386, 182
176, 006
166, 535
147, 250
Stocks end Of month
short tons
93, 198
81, 099
Exports
short tons
47, 547
Minneapolis and Duluth:
1787
2,811
1,402
Receipts
thous. of bushs. .
1,405
Shipments
thous. of bushs..
540
1,671
2,694
2,372
Stocks, end of month
thous. of bushs..
3,569
2,237
2,568
Imports
thous. of bushs
1,190
Linseed oil:
8,756
9,660
8,725
Shipments from Minneapolis.thous. of Ibs..
.107
.105
.108
Price, New York
dolls, per lb_.
Linseed cake and meal:
20, 682
Shipments from Minneapolis.thous. of lbs_. 23,808
22, 581
48, 868
61, 103
Exports
thous. of Ibs.. 40, 916
i Revised.
+97.2 +189. 6
-8.2
-38.4
-48.9 -28.2
-36.7 -47.4
486, 190
691, 327
818, 528
356,927
611, 627
562, 882
308, 026
662, 141
744, 246
183, 225
516, 596
410, 875
204,058
155, 680
186, 354
140, 309
191, 818
121, 579
152, 475
88, 272
201, 767
460, 722
170, 684
502, 593
160, 652
260, 452
156, 463
301, 333
.09
.10
2,006
313, 524
153, 639
61, 775
273, 352
179, 376
23, 860
1515
418
2,073
1,327
574
398
2,023
2,091
8,301
.104
10, 626
.79
18, 488
54, 322
12, 732
64, 866
.11
.11
2,705
2,347
+18.4
-14.4
+71.0
-8.7
-9.9
+11.1
-9.1
3 5, 112
3 4, 019
310, 119 i 247, 098
344, 618
357, 495
16, 362
25,047
-12.8 +10.6
+16.8 -47.9
-61.4 +45.8
923, 511
973,058
110, 316
166, 734
379
422
1,719
1,780
533
292
1,370
2,813
+11.5 +7.7
-4.8 +36.3
-2.4 +47.7
+57.6 -25.7
1,425
1,034
1,876
1,356
10, 545
.113
11, 141
.107
5,894
5,655
+51.1
+31.6
+31.1
-4.1
-4.6
-26.2
34, 087
28, 587
-16.2
-31.1 +21.7
+19.4 +38.8
3 Cumulative through Feb. 28.
57, 375
179, 816
51, 902
180, 291
-9.5
+0.3
20, 330
61, 571
10,464
46, 749
+28.0
-24.0
38
TREND OF BUSINESS MOVEMENTS—Continued
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
November
1927
Decem- January
ber
|^-
March
February
51, 404
109, 392
16,605
12,164
44, 686
106, 748
16, 188
9,874
i 35, 433
i 101, 279
15, 101
11, 465
5,084
8,987
1,700
4,613
3,773
6,900
14, 074
17, 791
14, 710
20, 569
1.77
1.85
1.63
1.68
34, 573
6,466
F
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
PER CENT INCREASE (+) OR
DECREASE (— )
1926
Mar.,
1927,
from
Mar.,
1926
Mar.,
1927,
from
Feb.,
1927
Perct
increase
(
-y
or decrease
(-)
cumulative
1927
from
1926
1926
1927
-12.1 +45.1
-5.2 +8.0
-20.7 +10.0
+16.8 +6.1
52, 929
33, 697
62, 152
36, 334
+34.7
+30.2
7,884
16, 945
18, 051 +129. 0
30, 428 +79.6
s 27, 273
3 34, 217
3 23, 993 j -12.0
3 30, 844 J -9.9
38, 027
7,249
3 74, 931
12, 813
3 75, 795
12,434
+1.2
-3.0
3 16, 108
3 16, 619
+3.2
3 18, 672
3 19, 168
3 2, 862
3 2, 727
31,353,838 31.297,953
-2.6
-4.7
—4 1
March
FOODSTUFFS
Wheat
Visible supply, end of month:
United States
thous of bushs
78, 412
Canada
_._
thous. of bushs.. 119, 790
Receipts, principal markets.. -thous. of bushs. . 29, 754
Shipments, principal markets .thous. of bushs.. 23,422
Exports:
United StatesWheat only
thous of bushs
14,280
Including wheat flour.thous. of bushs.. 20, 277
CanadaWheat only
thous. of bushs _ 43, 947
Including wheat flour.thous. of bushs.. 49, 626
Prices:
No 1 northern Chicaso dolls per bush
1.39
No! 2' red winter, Chicago .dolls, per bush..
1.38
68, 125
117, 796
22,405
17, 376
59, 731
116, 613
24, 595
13, 757
58, 454
115, 350
20,952 ;
10,413
9,536
14, 793
8,078
12, 619
4,889
8,822
44, 879
52, 862
12, 571
16, 054
11,422
14, 790
1.44
1.40
1.45
1.37
1.40
1.37
40, 624
7,777
i 39, 354
6,819
36, 441
5,615
8,909
1.37
1.34
+4.0
+1.9
,
-2.1
-2.2
|
+17.4
+7.8
-16.0
-2.9
Wheat Flour
Grindings of wheat:
United States (census)
thous. of bushs..
Canada
thous of bushs
Production:
United States" actual
(census)
thous. of bushs __
United States, prorated
(Russell)
thous. of bbls__
Canada
thous of bbls
Production, grain, offal
thous. of lbs._
Capacity operated flour mills
per cent
Consumption, wholesale
(computed)....
thous. of bbls...
Stocks, all positions, end of
month (computed)
thous. of bbls..
Exports:
United States
thous. of bbls..
Canada
thous. of bbls__
Wholesale prices:
Standard patents, Minneapolis
dolls per bbl
Winter straights, Kansas
City
dolls per bbl
43, 922
9,495
9,618
11,312
2,089
750, 008
59
i 8, 624
7,995
7,429
8,289
9,676
10, 537
1,496
1,715
674, 503 i 676, 292
53
53
8,996
1,231
621, 661
53
8,881
1,440
625, 503
50
9,901
1,609
685, 314
47
8,635
9,707
6, 000
6,100
10, 668
10, 629
7,867
8,572
8,000
6,700
7,500
7,080
1,344
1,262
1,208
885
1,009
774
874
748
867
647
842
695
1,302
1
-0.8 +24.7
7.74
7.63
7.46
7.42
7.33
9.14
8.81
-1.2
-16.8
6.64
6.60
6.55
6.54
6.58
8.00
7.88
-0.6
-16.5
2,208
32, 219
22, 847
12, 563
5,924
2,030
36, 412
22, 339
8,652
5,100
2,017
40, 616
27, 638
10, 638
6,095
2,023
47, 792
24, 667
8,500
5,855
2,080
50, 079
19, 310
10, 111
6,491
2,918
35, 688
25, 596
9,906
6, 709
2,270
i 39, 057
19, 994
9,566
7,431
.71
.76
.77
.76
.73
.77
.74
11, 309
50, 063
951
10, 188
46, 341
808
14, 377
46, 890
614
10, 053
44, 625
321
10, 272
38, 155
395
11, 128
61, 896
873
11, 622
i 54, 237
810
+2.2 -11.6
-14.5 -29.7
+23.1 -51.2
.45
1,215
.50
927
.50
791
.48
693
.49
.41
894
.41
904
+2.1 +19.5
3 18, 148
3 16, 439
-9.4
2,018
3 1, 559
2,750
3 1, 522
+36. 3
-2.4
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. .
Prices, contract grades, No. 2,
Chicago
dolls per bush
+2.8 -8.4
+4.8 +28.2
-21.7 -3.4
+19.0 +5.7
+10.9 -12.6
-3.9
10, Oil
6, 120
-39.8
76, 441
29, 740
21, 331
71,615
29, 249
18, 441
-6.3
-1.6
-13.5
37, 698
34, 702
-,„
3,130
1,330
-57.5
1,890
1,484
-21.5
25, 892
16, 601
-35.9
-1.4
Oats
Receipts, principal
markets
.
thous. of bushs __
Visible supply, end of month..thous. of bushs..
Exports, including meal
thous. of bushs..
Prices, contract grades,
Chicago
_
dolls, per bush_.
Grindings Canada
thous of bushs
Production, oatmeal and rolled
oats, Canada
thous. of Ibs—
11, 898
11, 205
2, 254
3,002
2,121
2,588
7,919
311
2,958
i 5, 220
436
.78
.78
.70
.66
1,281
12, 591
804
1.02
2, 156
13, 655
591
1.05
1,485
14, 048
786
1.00
1,082
5,871
186
.97
1,032
13, 079
369
.84
17,060
13, 014
14,369
8,901
10, 785
+10.4
477, 583
210, 515
15, 026
11, 329
8,890
7,711
3,668
4,902
1,080
3,027
4,492
1,363
2,663
4,180
1,006
2,347
3,790
1,257
.71
.74
.74
2,254
12, 751
162
.96
1,453
12, 343
613
.97
24, 678
19, 787
Other Grains
Barley:
Receipts, principal
markets
thous. of bush__
Visible supply, end mo
thous. of bush__
Exports
thous. of bush__
Price fair to good, malting,
Chicago
dolls per bush _
Rye:
Receipts, principal
markets
thous. of bush__
Visible supply, end mo
thous. of bush__
Exports, including flour . .. thous. of bush__
Price, No. 2, Chicago
dolls, per bush__
-4.0 -23.8
-20.8 -42.5
+68.7 +386. 5
8,580
7,264
-15.3
1,530
4,384
+186. 5
-31.1 +43.9
+2.9 +7.4
+33.0 +113.0
-4.8 +19.0
3,634
4,922
+35.4
+33.2
32, 388
0.0
+18.2
752
2,181 +190. 2
Total Grains
Total grain exports, incl. flour. .thous. of bush__
44, 443
+37.2
Rice
Southern paddy, receipts at mills
bbls__ 1, 252, 887 1, 025, 131 817, 939 648, 369
Shipments:
Total from mills
pockets (100 Ibs ) 1, 077, 146 895, 206 1,120,252 877, 798
New Orleans
pockets (1001bs.)__ 307, 692 209, 306 249, 175 177, 220
Stocks end of month
pockets (100 Ibs ) 2, 196, 817 2, 362, 088 2, 095, 911 1, 957, 608
Exports
—pockets (1001bs.)_. 241, 678 395, 119 368, 895 508, 885
70, 562
37, 076
56, 818
Imports
pockets (100 lbs.)__ 30, 372
i Revised.
498,419
608, 600
131,393
176, 229
199, 258
2, 052, 144 1, 824, 807
48, 248
65, 490
442, 528
194, 576
190, 036
60, 538
31,497,149 31,466,108
+12.4
+13.1
-23.0 +575. 7
-14.2 -68.1
3 Cumulative through Feb. 28.
31,520,178
472, 992
4, 220, 698
169, 477
493, 076
1,998,050
625, 653
4, 053, 519
1, 320, 108
187, 918
-2.1
+31.4
+32.3
-3.0
+678. 9
-61.9
39
TREND OF BUSINESS MOVEMENTS—Continued
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
November
1927
December
Febru-
January
ary
PER CENT INCREASE (+) OR
DECREASE (— )
1936
March
February
March
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
-38. 6
-33.1
+21.3
-13.9
+19.3
+12. 4
-5.3
-13.3
+7.3
-3.8
+12.0
-12.7
Per ct .
in-
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
crease
(+)
or decrease
(-)
cumulative
1927
from
1926
31
1926
1927
18, 784
49, 947
20, 986
55, 727
6, 553
35, 526
198,997
+11.7
+11.6
-0.4
+19.8
-18.6
5,130
1,801
-1.3
+1.2
FOODSTUFFS— Continued
Other Crops
Apples:
Cold-storage holdings,
end of month
thous . of bbls
Car-lot shipment
•
carloads
Potatoes, car-lot shipments
carloads
Onions, car-lot shipments
..carloads..
Citrous fruits, car -lot shipments
carloads
Hay, receipts
tons
9,356
8,090
7,335
7,827
5,300
6,622
i 5, 114
17, 408
7,883
17,314
3,139
13, 252
2,491
12, 581
68, 273
14, 553
11, 725
78, 088
2,018
10, 855
56, 938
21, 005
1,738
12, 946
63, 971
72, 139
19, 577
1,806
11, 559
73, 286
1,846
739
1,832
657
* 1, 555
537
1,743
607
1,551
532
1,811
572
+12.1
+13.0
-3.8
+6.1
5,202
301
1,136
205
1,136
175
1,012
200
1,134
177
1,013
184
1,221
+14.3
+2.2
+8.7
-7.1
3,378
3,282
580
10
-2.8
494, 665
479, 484
1,697
443, 931
448, 628
1,975
401, 482
i 407, 852
1,748
436, 570
446, 984
395, 362
397, 616
2,083
450, 058
456, 197
1,913
+8.7
+9.6
+15.8
-3.0
-2.0
+5.9
1, 303, 796
1, 316, 463
1,281,983
1,303,464
5,748
-1.7
-1.0
0.0
100, 873
95, 254
88, 020
77, 145
77, 690
70, 781
-12.4
+9.0
9.72
.170
.141
10.30
.170
.145
11.06
.170
.150
11.92
.170
.158
9.69
.163
.150
9.69
.160
.150
+7.8
0.0
+5.3
+23.0
+6.2
+5.3
3,910
1,476
4,252
3,308
U,317
3,754
3,372
3,579
+13.5
+4.0
+4.9
-4.2
11, 255
1,428
126
i 2, 219
105
2,441
6,900
568, 835
540, 331
72, 914
2,057,708
10, 468
22, 200
18, 510
2,850
9,855
69, 539
2,797
5,276
2,248
8,399
3,314
6,084
6,578
29, 661
244, 423
Cattle and Calves
Cattle movement, primary markets:
2,460
Receipts
. _
thous. of animals
Shipments, total
thous. of animals..
1,113
Shipments, stocker and
570
feeder
thous of animals
1,326
Local slaughter
thous. of animals..
Beef products:
Inspected slaughter product.. thous. of lbs_. 512, 357
Apparent consumption
thous. of lbs__ 486, 723
2,190
Exports
_
thous. of lbs_.
Cold-storage holdings,
end of month
thous. of lbs__
85, 977
Prices, Chicago:
9.39
Cattle, corn-fed
dolls, per 100 lbs_.
.170
Beef, fresh native steers
dolls, per lb__
Beef, steer rounds, No. 2
dolls, per lb__
.145
1
2,025
1,779
586
5,750
1
I
j
Hogs and Pork
Hog movements, primary markets:
Receipts..
thous. of animals
Shipments, total
thous of animals
Shipments, stocker and
feeder. _
thous. of animals
Local slaughter.. _
..thous. of animals..
Pork products, total:
Inspected slaughter product._thous. of lbs__
Apparent consumption
thous. of lbs__
Exports
thous. of lbs__
Cold-storage holdings, total,
end of month
thous. of lbs_.
Fresh and cured in storage,
end of month
thous. of lbs_.
Lard (included in pork products) :
Production
thous. of Ibs
Exports ..
thous. of Ibs
Cold-storage holdings,
end of month
thous. of Ibs..
Prices:
Hogs, heavy, Chicago dolls, per 100 Ibs..
Hams, smoked, Chicago
dolls, per lb_.
Lard, prime contract, N. Y._. dolls, per lb__
3,554
1,527
1,315
94
1,368
1,345
+13.5
-3.3
7,086
295
+64.8
+2.7
1, 508, 583
345, 272
2, 087, 389
1, 551, 854
235, 792
+1.4
+2.9
-31.7
427, 786
206, 285
397, 687
162, 766
-7.0
-21.1
2,006
2,386
2,035
56
2,144
+8.5
+18.9
+82.1
+11.3
722, 806
544, 773
91, 347
608, 455
783, 758
564, 328 i 446, 125
85, 134
74, 150
695, 176
541, 401
76, 508
604, 958
429, 713
109, 764
649, 871
511, 952
104, 679
+14.3
+21.4
+3.2
+7.0
+5.8
-26.9
434, 972
522, 749
658, 647 i 748, 777
828, 871
685, 992
719, 702
+10.7
+12.4
388, 228
472, 757
589, 071 i 671, 674
736, 781
609, 847
626, 594
+9.7
+17.6
106, 061
43, 488
129, 614
62, 690
148, 790
59, 842
120, 492
49, 884
128, 405
53,040
126, 905
65, 356
138, 567
64, 259
+6.6
+6.3
-7.3
-17.5
46, 744
49, 992
69, 576
1 77, 103
92, 090
76, 145
93, 108
+19.4
-1.1
12.09
.293
.128
11.77
.280
.128
11.97
.269
.129
11.64
.273
.128
11.01
.270
.130
12.05
.288
.152
11.49
.295
.150
-5.4
-1.1
+1.6
-4.2
-8.5
-13.3
1,917
988
1,706
780
1,740
819
1,496
669
1,558
719
1,486
615
1,695
695
+4.1
+7.5
-8.1
+3.5
4,729
2,004
493
932
223
934
207
921
136
829
140
843
107
863
83
1,001
+2.9
+1.7
+68.7
-15.8
2,720
39, 737
39, 762
45, 354
44, 688
44, 161
44, 292
40, 510
i 40, 943
41, 544
42, 707
40, 946
40, 016
47, 611
47, 676
+2.6
+4.3
-12.7
—10.4
131,241
3,166
4,556
4,447
i 4, 074
2,970
3, 346
3,289
-27.1
-9.7
5.77
12.70
5.64
12.04
6.44
12.47
7.78
13.24
8.00
15.06
7.89
13.28
7.70
12.73
+2.8
+13.7
+3.9
+18.3
63, 846 . 61,791
i 59, 230
60,800
54, 825
52, 399
+2.7
+16.0
Production, inspected slaughter. thous. of lbs._ 1, 120, 929 1, 262, 825 1, 271, 850 1, 050, 446 1, 173, 290 1, 041, 266 1, 147, 540
Cold-storage holdings, end mo
thous. of lbs._ 531, 331 642, 032 750, 563 i 822, 998 877,696
745, 708
753, 063
Apparent consumption
thous. of Ibs 1, 066, 816 1, 068, 945 1,057,247 i 894, 920 , 031, 092
867, 343 1, 015, 825
+11.7
+6.6
+15.2
+2.2
+16.6
+1.5
63, 584
99
2,694
1
102
58
11,314
4,210
4,354
179
1
Sheep and Lambs
Sheep movement, primary markets:
Receipts..
.
thous. of animals
Shipments, total
thous. of animals
Shipments, stocker and
feeder.
. thous. of animals
Local slaughter
thous . of animals
Lamb and mutton:
Inspected slaughter product.. thous. of lbs._
Apparent consumption
thous. of lbs._
Cold-storage holdings,
end of month
thous. of lbs._
Prices:
Sheep, ewes, Chicago
dolls, per lOOlbs..
Sheep, lambs, Chicago... dolls, per 100 lbs__
4,794
2,207
+1.4
+10.1
2,593
483
+40.0
4 7
130, 218
126, 215
127, 942
-3.8
-1.7
3, 492, 745
3, 495, 586
0.0
2,955,262
2, 983, 258
+0.9
62, 430
-1.8
345
Miscellaneous Meats
Cold-storage holdings, end mo. _ -thous. of lbs_.
53, 960
Total Meats
Poultry
Receipts at five markets
Cold-storage holdings,
end of month
_
i Revised.
thous. of Ibs..
69,991
76,919
27, 704
18, 949
15, 777
19, 181
17,638
-16.7
-10.6
thous. of lbs._
106,854
144,497
144, 076
129, 510
104, 672
95, 397
73, 124 i -19.1
+43.1
40
TREND OF BUSINESS MOVEMENTS—Continued
Per ct.
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
November
1927
December
January
February
PEE CENT INCREASE (+) OE
DECEEASE (— )
1926
March
February
March
CUMULATIVE TOTAL
inFEOM JANUAEY 1 \ crease
THEOUGH MABCH i (+)
31
or de-
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
1926
1937
crease
(-)
cumulative
1927
from
1926
52, 151
66,099
+26.7
3 196, 894
3 172, 612
-12.3
FOODSTUFFS— Continued
Fish
Total catch, prin. fishing ports
C old-storage holdings,
15th of month
Canned salmon:
Shipments United States
Exports, Canada
thous. of lbs_.
19,924
13, 439
18,140
19, 349
28, 610
14, 756
23, 751
+47.9
+20.5
thous of Ibs
75,034
69, 584
58,655
* 48, 684
34, 941
37, 378
24, 894
-28.2
+40.4
543, 333
cases
cases. . 245, 883
584, 097
121, 965
482, 140
106, 145
66, 467
282, 987
81, 863
368, 154
94, 083
88, 137
36, 054
94, 346
37, 705
90,839
39, 507
108, 410
46,077
+17.3
+17.8
+0.8
-1.9
293, 685
125,008
296, 747
121,290
+1.0
-3.0
26,313
137, 015
.45
17,392
142, 617
,43
-61.9
+13.4
-3.8
-82.6
+8.2
+16.3
424, 852
436, 179
+2.7
27, 888
13, 568
37, 421
34, 729
15,056
43, 778
+12.6
-0.3
+18.9
-15.8
-1.2
-1.8
90,284
43, 478
120, 256
78, 526
42,494
115, 746
-13.0
-2.3
-3.7
12, 560
1,107
3 5, 248
18, 220
1,072
3 6, 613
+45.1
-3.2
+25. 0
3,717
4,143
+11.5
Butter
Production (factory)
Receipts, 5 markets
Cold-storage holdings, creamery,
end of month
Apparent consumption
Wholesale price, New York *
thous. of Ibs
thous. of Ibs _
thous. of Ibs
thous. of lbs__
dolls, per lb_.
85, 779
34, 180
93, 142
38, 375
109,259
45, 210
1
64, 377
158,407
.51
34,347
156, 777
.55
17, 952
145, 906
.50
7, 952
135, 997
.52
3,033
154, 276
.50
28, 814
15,954
42,774
27, 122
15, 984
40, 695
23,323
12, 706
36, 616
25, 962
14, 916
36, 145
29, 241
14, 872
42, 985
81,084
11, 102
341
18, 601
71, 920
10,033
356
13, 635
62, 136
5,608
356
3,209
1
54, 072
4,788
370
3,404
47, 807
7,824
346
58, 175
3,131
335
2,580
51, 285
4,641
432
2,548
-11.6
+63.4
-6.5
-6.8
+68.5
-19.9
63, 881
.25
54, 596
.26
46, 026
.26
1
39, 382
.26
35, 164
.25
42, 587
.25
38, 041
.23
-10.7
-3.8
-7.6
+8.7
581
3,215
751
1,096
970
253
1,176
192
1,997
1,858
1,070
77
1,741
872
+69.8
+14.7
+113.1
19, 759
10, 003
16, 594
i 8, 303
12,418
i 7, 782
10, 935
7,484
19, 142
6,081
17, 008
9,028
-11.9
-3.9
-35.7
-17.1
14, 399
4,072
3,454
5.68
11,296
3,388
2,694
5.63
7,054
i 3, 619
2,853
5.72
5,378
3,689
2,974
5.75
14, 909
3,822
3,777
5.95
11, 723
7,070
3, 642
5.95
-23.8
+1.9
+4.2
+0.5
-54.1
-47.8
-18.3
-3.4
11, 152
8,521
-23.6
71, 355
45, 235
6,499
4.48
54, 888
19, 084
5,554
4.50
i 49, 940
10, 150
4,331
4.50
47, 476
9,346
6,232
4.50
92, 974
70, 187
4,701
4.44
89, 225
63, 730
7,858
4.38
-4.9
7,9
+43.9
0.0
-46.8
-85.3
-20.7
+2.7
18, 521
16, 117
-13.0
9,610
259
9,638
268
i 6, 710
254
6,383
171
5,774
190
5,278
285
-4.9
-32.7
+20.9
-40.0
678
693
+2.2
102, 908
107, 581
118, 309
170,881
111,521
136, 617
+44.4
+25.1
368, 418
396, 771
+7.7
16, 349
105, 235
17, 002
106, 156
15, 522
99, 019
113,200
14, 876
92, 820
17, 128
105, 541
+14.3
+7.3
30, 886
299, 226
32, 524
318, 375
+5.3
+6.4
22, 562
25, 468
24, 623
26, 126
29, 153
53, 314
50, 091
-6.0
7,262
6,287
6,262
5,972
6,522
12, 588
12, 549
-0.3
20, 475
221, 927
271, 948
246, 391
70, 187
163, 973
290, 613
177, 791
142, 800
366, 551
362, 841
300, 858
144, 273
434, 095
444, 259
178,803
150, 677
453, 128
497, 912
290, 061
+10.3
+9.3
+52.4
+6.9
+4.6
-11.6
+11.1
+10.9
353, 259
1, 121, 044
1, 309, 610
370, 536
931, 068
1, 206, 458
+4.9
-16.9
-7.9
11,148
1,404
123
46
1,980
258
5,604
5,7-60
6,541
18, 295
9,645
.051
.061
.065
133
.051
.062
.068
136
.049
.060
.068
136
.048
.058
.067
135
.042
.052
.060
122
1
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 Ibs
Exports, United" "s'tates
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. perlb..
1
Eggs
Receipts, 5 markets
thous. of cases _
Cold-storage holdings, end mo__thous. of cases..
Milk
Condensed milk:
Manufacturers' total stocks, end of mo.—
23, 935
Case goods
thous of Ibs
13, 738
Bulk goods
thous. of lbs_.
Manufacturers' unsold stocks—
Case goods
thous. of Ibs.. 18, 628
5,016
Bulk goods
thous of Ibs
2,939
Exports
.thous. of lbs_.
5.85
Wholesale price, New York.dolls. per case..
Evaporated milk:
Manufacturers' stocks, end of mouth99, 685
Total case goods
thous. of Ibs
76,965
Unsold, case good's
...thous. of lbs_.
6,115
Exports
thous. of lbs__
4.42
Wholesale price, New York-dolls, per case..
Fowdered milk:
10, 292
Stocks, end of month
thous. of lbs._
213
Exports
thous. of lbs._
Production, condensed and evaporated
93, 175
milk
thous. of lbs._
Fluid milk:
Receipts—
Boston (includ. cream).. .thous. of qts.. 16, 772
Greater New York..
thous. of qts.. 101, 889
Production—
19, 424
Minneapolis, St. Paul thous. of Ibs..
Consumption in manufacture of
6,891
oleomargarine
thous. of Ibs
Sugar
Raw:
Imports—
From Hawaii and Porto
26, 827
Rico .
..long tons.
From foreign countries
long tons.. 352, 569
347, 156
Meltings, 8 ports
long tons
Stocks at refineries, end mo
long tons.. 277, 687
Receipts, domestic, at New
Orleans
.long tons
17, 722
Refined:
Exports, including maple
long tons..
2,419
Prices:
Wholesale, 96° centrif., N. Y. dolls, per lb__
.047
.058
Wholesale, granulated, N. Y. dolls, per lb__
.064
Retail granulated, N. Y
dolls, per lb__
Retail average 51 cities
index number
129
Cuban movement:
Receipts at Cuban ports
long tons
169, 202
342, 124
Exports
-long tons
Stocks end of month
long tons
225, 592
i Revised.
s c umulativt
62, 829 ! 482,152
166, 044
206, 816
69, 741 298, 682
through ]Feb. 28.
157, 549
400, 544
553, 004
321, 629
-62.6
-82.2
30, 624
1,573
-94.9
16, 141 +179. 6
+13.3
32, 339
30, 596
-5.4
-2.0
-3.3
-1.5
-0.7
+20.0
+18.4
+13.6
+10.7
.040
.049
.059
122
769, 537 920, 480 +34.5
805, 868 1, 084, 038
445, 215 454, 631 +29.2
512, 824
397, 066
684, 263 1, 107, 066 1 +86.5
702, 733 1, 310, 347
* Seet able on p. 23 of the A pril, 1927 ,
+17.8 2, 301, 116 2,372,058
+12.8 1, 279, 569 1, 075, 934
+18.4
issue for further data.
+3.1
-15.9
41
TREND OF BUSINESS MOVEMENTS—Continued
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
Novem-
1927
ber
December
January
PER CENT INCREASE (+) OR
DECREASE ( — )
1926
March
Febru-
ary
ary
March
Mar.,
1927,
from
Feb.,
1927
Febru-
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
Perct
increase
or decrease
Mar.,
1927,
from
Mar.,
1926
1926
. 1927
cumulative
1927
from
1926
FOODSTUFFS-Continued
Coffee
Imports
Visible supply:
World
United States
Receipts, total, Brazil
Clearances:
Total, Brazil, for world
Total, Brazil, for U. S
Tea
Imports
Stocks, United Kingdom,
end of month
thous. of Ibs..
120, 518
136, 955
119, 672
125, 624
106, 988
122, 965
146, 048
-14.8
-14.8
412, 281
352,284
thous. of bags
thous. of bags
thous. of bags..
4, 564
888
1,215
4,701
978
1,389
4,605
4,385
4,761
798
939
4,747
903
1,006
4,318
765
1,007
743
1,056
-1.5
-15.3
+0.1
-9.0
+3.0
-4.6
3,152
3,140
-0.4
thous. of bags
thous. of bags..
1,269
721
1,159
716
1,214
666
928
447
1,209
672
1,236
610
1,071
649
+30.3
+50.3
+12.9
+3.5
3,314
1,831
3,351
1,785
+1.1
-2.5
7,080
5,776
20,402
19,830
-2.8
-6.3 1, 449, 122 1,436,472
+5.1 20, 817, 158 21,904,618
100,226
105, 893
-5.6
154,846
130,205
-11.0 +15.2
+22.4 -17.4 2, 270, 753 2,120,214
309,818
219, 871
-48.3 +143. 2
-0.9
+5.2
-5.3
1,014
1,127
thous of Ibs
10, 737
9,559
8,876
5,585
5,369
thous of Ibs
196, 626
207, 003
222, 636
217,413
194, 362
-4.0
-7.1
201, 408 i 194, 162
-10.6
+0.1
451, 204
564, 245
466, 078
441,696 528,698
464, 575
6, 391, 844 7, 269, 356 6, 609, 166 8, 026, 096 6, 240, 142 7, 633, 201
34, 054
33, 005
31, 874
35, 347
28, 218
37,428
+19.7
+21.4
+10.9
-14.6
TOBACCO
Consumption (tax-paid withdrawals):
Lacge cigars
thousands
654, 975
Small cigarettes
_. thousands. .7, 345, 202
Manufac. tobacco and snufL. thous. of Ibs.. 30, 955
Exports:
Unmanufactured leaf
thous. of lbs._
49, 136
Cigarettes
thousands
611,998
Sales of loose-leaf, warehouses
thous. of Ibs.. 141, 000
Price, wholesale, Burley good leaf,
dark red, Louisville ... .dolls, per 100 Ibs
21.00
Stocks (reported quarterly) :
Chewing, smoking, snuff, and
export
_
thous. of Ibs..
Cigar tpbacco
thous. of Ibs..
Total, including imported
thous. of lbs__
41, 669
747, 967
61, 319
47, 147
513, 193
83, 462
906,029
130, 006
46, 840
611, 221
118, 493
21.00
21.00
21.00
25.00
25.00
66, 337
50, 375
775, 081
122, 882
761,026
21.00
61,570,595
M21,699
62,071,151
71,416,412
7 353, 973
71,841,645
36, 167
25, 210
0.0
+18.9
-6.6
+40.9
-16.0
+2.5
-2.7
+1.5
H,531,617
«433,479
S
2,040,067
TRANSPORTATION
River and Canal Cargo Traffic
Panama Canal:
Total cargo traffic , . thous. of long tons
2,242
2,272
2,139
2,607
2,230
2, 310
In American vessels _ _ . thous. of long tons..
1,216
1,092
1,149
1,403
1,195
1,233
In British vessels.. . thous. of long tons
478
539
523
701
551
543
50,378
40, 889
Cape Cod Canal
short tons
41, 945
52,081
58,023
79, 040
79, 465
2,061
2,471
Suez Canal
thous. of metric tons
2,305
2,209
2,059
2,304
Mississippi River, Govt. barges
short tons.. 104, 450
74, 688
49, 975
103, 500
80, 910 i 89, 610 i 85, 482
Ohio River, Pittsburgh, Pa., to
Wheeling, W. Va
.. short tons
273, 207
571, 193
881,490 639, 709 621,496 624, 697 765, 632
Allegheny River
short tons
89,242
81, 315
159, 660
108,433
85, 605
246, 446
191, 719
Monongahela River. ..
.
short tons 2, 192, 169 2, 115, 215 1, 935, 879 2, 117, 558 2, 529, 828 1, 638, 476 1, 831, 204
+24.2
-10.2
+21.1 +38.6
3 4, 486
3 2, 244
3 1, 148
136, 667
3 4, 306
182, 659
34,472 i -0.3
82,365
+5.4
31,017 +11.4
144,404
+5.7
3 4, 514
+4.8
278, 592 +52.5
999, 739
265, 305
2,011,825 +101. 2
283, 280
+6.8
6, 583, 265 +32.8
+22.6
+26.7
+19.5
+34.0
-32.1
+38. 2
+8.5
+8.5
+8.4
+2.2
+9.4
-1.5
14, 169
4,911
9,258
15, 045
5,434
9,611
+6.2
+10.6
+3.8
33, 016 +116. 1
28, 850 +72.8
+26.8
-6.9
49, 223
33, 679
67, 639
43, 587
+37.4
+29.4
3 519
s 623
+20.0
Surplus (daily av. last week of month) :
Total
cars
275, 153
259, 548
207, 683
248, 477
144, 921
246, 549
-9.7 +0.8
275, 260
141, 589
87, 389
Box
cars
148, 742
131, 844
98, 794
95, 478
-6.9 +38.1
166, 532
Coal
_
cars
83, 252
74, 151
62, 588
68, 417
12, 521
104, 280 -17.8 -34.4
61, 181
Shortage (daily av. last week of month):
Total
cars
125
164
197
13 +330. 4
538
579
28
Box __
_
_
cars
None.
83
2
None.
25
None.
None.
85
Coal
cars
15
85
466
18
None. +448. 2
516
Car loadings (monthly totals):
Total
cars 4, 271, 700 3, 780, 031 4, 524, 749 3, 823, 931 4, 016, 395 3, 677, 332 3, 877, 397
+5.0 +3.6 11, 982, 985 12, 365, 075
559, 562
556, 647
171, 064
159, 249 -10.2
-0.6
Grain and grain products
..cars.. 180, 596 184, 139 220, 958 178, 387 160, 217
373,913
389, 273
Livestock
_
cars.
109, 265
112,925 113, 498
110, 998
121, 747
-1.6 -3.7
138, 443
153, 658
2,925,124
2,
550,
996
+14.4
-0.7
903,
149
896,
527
770,
225
783,
393
Coal and coke
*.
cars.. 988. 281 947, 265 1, 125, 448
918, 976
853, 355
299, 306
307, 889
+2.3 -8.5
Forest products
cars.. 263, 351 234, 152 295, 924 275, 597 281, 834
132,986
130, 204
+0.2 +1.8
42, 823
42, 923
40, 786
42, 177
38, 792
Ore
_
cars.. 127,302
47, 240
989, 137 1, 061, 040
+6.0 +0.9 3, 222, 811 3, 268, 112
Merchandise and 1. c. 1
cars.. 1, 046, 406 987, 699 1, 187, 182 1, 009, 978 1, 070, 952
4,
252,
023
4,
214,
078
Miscellaneous
. _.
cars.. 1, 524, 321 1,266,237 1, 494, 339 1, 303, 007 1, 454, 677 1, 293, 889 1, 410, 151 +11.6 +3.2
+3.2
+0.5
-3.9
+14.7
-7.1
+2.1
+1.4
+0.9
4,957,037
Ocean Traffic
Clearances, vessels in foreign trade:
Total
thous. of net tons..
American
thous. of net tons
Foreign
thous of net tons
5,153
1,818
4,745
3,335
1,734
3,011
36, 376
31, 605
6,396
1,208
19, 374
15, 532
314
313
310
3,063
4,638
6,888
2,366
4,522
23, 237
20, 934
317
7,701
5,147
1,882
4,519
1,590
41, 869
26, 847
7,578
3,265
2,929
5,034
1,721
3,313
Shipbuilding
Completed during month:
Total
. . . . ..
gross tons
Steel seagoing
gross tons
Building or under contract, end of month:
Merchant vessels
thous. of gross tons
312
251
228
Freight Cars
Railroad Operations
Operating revenue:
432, 666
Freight
thous of dolls
Passenger
thous. of dolls
477, 299
561, 034
Total operating
thous of dolls
402, 673
Operating expenses
thous of dolls
114, 734
Net operating income
thous. of dolls
Freight carried
..mills, ton-miles.. 43, 342
Pullman Company operations:
6,018
Revenue
thous. of dolls
2.684
Passengers carried
thousands. _
i Revised.
384, 108
89, 622
526, 486
407, 302
80,893
357, 840
85,975
487,004
387,489
40, 096
61, 579
39, 223
6,437
7,086
2.988
' 2. 889
353, 857
74, 218
468, 994
361,473
70,045
37, 250
6,180
2.583
i 340, 755
i 78, 626
i 460, 846
1361,004
163,421
135,405
401, 197
80,779
530,453
396, 473
94, 523
38,672
6,032
6,387
2,718
2.608
3 Cumulative through Feb. 28.
3 688, 553
3 168, 220
3 942, 264
3 739, 937
3 129, 182
373,081
3 13, 139
3 5, 599
3 711, 697
3 160, 193
3 955, 998
3 748, 962
3 131, 624
376,473
3 13, 266 i
3 5. 571
+3.4
-4. 8
+1.5
+1.2
+1.9
+4.6
+1.0
-0.&
42
TREND OF BUSINESS MOVEMENTS—Continued
1936
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
November
1927
December
January
February
PER CENT INCREASE (+) OR
DECREASE (— )
1936
March
February
March
Mar.,
1927,
from
Feb.,
1927
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
Mar.,
1927,
from
Mar.,
1926
1936
1937
Perct.
increase
( }
or tdecrease
(-)
cumulative
1927
from
1926
TRANSPORTATION— Continued
Railway Equipment
Locomotives (Am. Py. Assn.):
62,428
62,387
Owned, end of month
number.. 62, 672
62,275
62, 333
63,548
-0.1 -2.0
63,548
Tractive power
mills, of lbs__
2,611
2,608
2,611
2,612
2,611
2,592
0.0 +0.6
2,596
8,549
In bad order, end mo
number. _
9,334
9,320
9,256
-2.2 -8.6
9,548
10,070
10, 191
Per cent of total in use
per cent.
13.8
14.9
15.1
15.0
15.4
-1.9
-6.8
16.0
16.2
354
Installed
. .._
.number. _
142
206
145
-30.4
175
160
204 -11.3
Retired
number
512
214
201
450
210
222
-0.9 -2.0
205
Ordered from manufacturers
.number. _
52
26
215
85
70
13
204 -17.6 -58.3
Unfilled orders (railroads) —
From manufacturers _ . .number. _
262
287
276
232
210
-9.5 -66.9
401
635
In railroad shops
number..
34
57
56
53
44
40
103 -22.7 -67.0
Shipments ( Census)—
57
137
Total
number..
128
185
163
80
162 +71.2 -15.4
Domestic109
152
16
84
Steam
number..
69
101
146 +21.7 -42.5
11
Electric
number..
17
8
15
22
10
0.0
11 +10.0
Unfilled orders, end of month (mfrs.) —
Total
. number. _
398
405
517
396
385
572
-2.8 -50.6
780
Domestic334
Steam
number..
391
297
-4.1 -52.6
314
301
442
635
14
16
Electric
- number..
27
48
22
-4.0
60
50 +118. 2
41
17
47
Exports, steam
number..
5
9
38
20 +422. 2 +135. 0
Freight cars (Am. Ry. Assn.):
-0.1 -0.6
Owned, end of month
cars.. 2, 342, 000 2,336,470 2,336,923 2, 334, 917 2, 332, 756 2, 345, 508 2, 346, 242
Capacity
,
mills, oflbs.. 211, 768 211,436 211,488 211, 477 211,496
210, 362
0.0 +0.4
210> 569
In bad order end mo
- - .cars.. 137,420 130, 146 136, 847 138, 292 130, 470
161, 959
-5.7 -19.7
162, 470
5.7
5.7
Per cent of total in use
per cent..
6.0
5.9
6.1
7.0
-6.6
7.0
Ordered from manufacturers _
.cars _
5,831
17, 196
5,253
2,732
4,185
11,353
7,640 +25.5 -31.2
Shipments by manufacturers—
Total
cars _
2, 433
2,656
3,209
3,023
4,449
6,904
+47.2 -49.5
8,811
Domestic
cars..
2,450
3,160
4,445
2,376
3,009
6,412
8,668 +47.7 -48.7
Unfilled orders (railroads) —
11, 591
18, 481
27, 069
45, 344
26, 717
Total
- 28, 426
44, 183
-6.0 -39.5
From manufacturers
cars _
12,313
17, 209
6,975
18, 255
17, 395
34, 626
35,810
-4.7 -51.4
In railroad shops
.
cars..
9,860
6,168
10, 171
9,322
4,616
10, 718
-8.3 +11.3
8,373
Passenger cars:
Ordered from manufacturers
cars..
105
212
124
314
152
246
107 -13.8 +98.1
Shipments by manufacturers—
60
Total
cars..
145
191
165
86
56
115 +53.6 -25.2
Domestic
cars..
71
114
191
55
165
42
102 +29.1 -30.4
570
633
277
447
625
181
-21.6
-1.3
-34.7
451
274
-39.2
338
44
169
29
-50.0
-34.1
116
97
-16.4
30, 524
26, 634
-12.7
19, 014
18, 048
10, 681
10, 614
-43.8
-41.2
476
772
+62.2
456
424
202
168
-55.7
-60.4
Passenger Travel
National Parks:
Visitors
..number..
Automobiles entered
number. .
Arrivals from abroad:
Immigrants
number. _
United States citizens.
number __
Departures abroad:
Emigrants
number __
United States citizens
. number
Passports issued
number __
PUBLIC UTILITIES
33, 088
3,658
31, 302
1,744
51,972
6,359
58, 599
6,187
30, 756
27, 844
23, 805
16, 777
18, 804
16, 913
21, 695
25, 097
6,859
17, 992
8,434
9,481
19, 608
8,431
3,928
21, 483
9,053
3,949
29, 732
9,381
64, 766
16, 261
64, 140
16,517
61, 634
15, 329
Telephone companies:
Operating revenues
thous. of dolls
62, 363
Operating income
thous. of dolls— 15, 941
Telegraph companies:
Commercial telegraph tolls thous. of dolls— 10, 321
Operating revenue
thous. of dolls__ 12, 879
Operating income
thous. of dolls. _
1,626
Gas and electric companies:
Gross earnings
thous. of dolls— 106, 481
Net earnings
thous. of dolls— 37, 241
Electric railways (212 companies) :
Passengers carried
thous. of persons- 791, 386
Electric power production:
Total
mills, of kw. hours— 16,482
By water power
mills, of kw. hours— 12,255
By fuels
mills, of kw. hours—
4,227
In street railways, manufacturing
plants, etc
mills, of kw. hours—
397
In central stations
mills, of kw. hours- 16,085
Gross revenue sales
—thous. of dolls— 147, 000
11, 032
13, 726
1,712
10,074
12, 557
1,338
113,516
42, 217
113,157
40, 018
855,835
831,635
756, 806
16,817
12,405
i 4, 412
i 6, 729
i 2, 364
i 4, 365
6,086
2,204
3,882
441
i 6, 376
155, 000
427
i 6, 302
160, 500
374
5,712
495
88
96
93
78
116.5
99.7
88.5
485
216
95
91
78
115.4
97.8
87.9
491
223
95
91
79
118.7
98.4
89.4
59, 597
6,887
17, 556
9,549
11, 873
1,336
833, 316
38, 713
2,265
54, 955
4,081
20, 041
23, 687
29, 504
29, 987
3,232
29, 108
8,411
3,457
25, 215
16, 502
56, 509
13, 748
59, 581
14, 056
9,837
12,073
1,226
11, 276
13,836
2,092
99,634
33, 791
102,483
35,079
753, 791
831, 238
i 5, 629
1 1, 932
i 3, 698
i 6, 178
i 2, 287
i 3, 891
411
15,218
145,400
422
i 5, 756
141, 800
+8.4
+1.7
+11.3 +68.8
+87.1
+6.4
+10.1
+0.3
+0.6 -4.4
+1.3 -16.3
0.0 +2.2
0.0 -2.2
-2.5 -10.5
+0.6 -4.3
-0.3 -3.6
-1.0 -6.8
3 Cumulative through Feb. 28.
494
226
95
91
77
119.4
98.1
88.5
515
270
94
94
86
125.3
101.4
94.1
517
270
93
93
86
124.8
101.8
95.0
170, 168 +31.0
19, 433 +121. 9
3
3 39, 113
43, 382
40, 499
42, 010
+3.5
-3.2
3 8, 518
3 55, 095
33, 967
7,877
51, 215
35, 990
-7.5
-7.0
+6.0
3114,698
3
27, 863
125,774
31,846
+9.7
+14.3
267
24, 840
3 2, 676
19, 623
24, 430
2,674
-3.2
-1.7
-0.1
2, 405, 101
2, 421, 757
+0.7
3 11, 788
3
3, 916
3
7, 873
12, 815
4,568
8,247
+8.7
+18.2
+5.0
3
849
10,939
801
12, 014
-5.7
+10.5
3
20,
3
EMPLOYMENT AND WAGES
Employment in factories:
New York State
thousands-500
Detroit
thousands
206
New Jersey (rel. to 1923) index number..
97
95
Pennsylvania (rel. to 1923). .index number..
76
Delaware (rel. to 1923)
index number119.2
Wisconsin (rel. to 1915)
index number,.
Illinois (rel to 1922)
index number
101.1
Massachusetts (rel. to 1914) .index number..
89.6
i Revised.
129, 906
8,757
3
43
TREND OF BUSINESS MOVEMENTS—Continued
1996
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
November
1937
December
January
14,584
253.7
14, 286
251.2
107
87
87
PER CENT INCREASE (+) OR
DECREASE ( — )
1926
February
March
February
March
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
+1.9
-0.4
0.0
0.0
-2.2
-1.9
-9.9
+11.2
-1.1
-6.5
Perct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
1926
1927
EMPLOYMENT AND WAGES-Contd.
Total pay roll:
New York State..
thous. of dolls..
Wisconsin (rel. to 1915)
index number..
New Jersey (rel. to 1923). _ _ index number..
Pennsylvania (rel. to 1923) .index number..
Delaware (rel to 1923)
index number
Ohio construction employees
(rel to 1923)
index number
Federa] civilian employees, Washington, D. C., end of month
number
Average weekly earnings ( State reports):
Illinois, factory labor
dolls
New York State, factory labor
dolls..
Wisconsin, factory labor
dolls
Massachusetts (rel. to 191 4) index number _.
New Jersey (rel. to 1 923). _ _ index number..
Pennsylvania (rel. to 1923) .index number..
Delaware (rel to 1923)
index number
Average weekly earnings (National Industrial
Conference Board):
Grand total (both sexes)
dollars
Total male
dollars..
Skilled male
dollars
Unskilled male
dollars..
Total women
dollars..
Average weekly hours:
Nominal (both sexes)
hours
Actual (both sexes)
_
hours..
Wages of common labor, by geographic divisions:
New England
cents per hour
Middle Atlantic
cents per hour
South Atlantic
cents per hour
East South Central
cents per hour
West 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 workers, Youngstown
district
per cent of base
Applicants per 100 jobs, employment agencies:
United States, average
number
Eastern States
number
Central States
number..
Southern States
_
number..
Western States
number
14,564
262.1
109
91
87
111
92
91
14, 436
274.1
109
91
89
14, 714
14, 720
14, 996
109
91
87
97
92
93
98
92
93
273.0
302.3
302.9
94
85
62
69
67
74
64
-2.9
+4.7
59, 489
59, 569
59, 615
59, 502
59,591
61, 199
61, 274
+0.1
-2.7
28.58
28.68
29.03
26.56
+2.6
24.61
181.3
112
106
108
28.85
29.39
26.06
+1.3
181.7
109
103
107
28.23
29.44
24.58
19.25
29.15
28.87
29.47
+0.4
0.0
0.0
+1.0
-1.0
+5.7
+1.9
+2.9
27.14
29.13
27.05
+2.0
+2.0
-17.9
0.0
-18.7
-11.4
0.0
+2.4
-1.9
-4.9
0.0
-8.9
+10:9
+6.7
0.0
-3.7
+2.6
+2.8
-4.5
-1.9
0.0
0.0
24.84
178.3
109
102
104
182.2
111
106
105
29.78
182.9
111
106
106
28.58
26.41
1 89. 3
104
103
104
184.8
105
104
103
30.66
27.26
29.58
24.43
17.39
23.61
17.36
31.03
17.26
17.42
17.31
30.13
31.82
24.21
17.30
49.6
47.9
49.4
47.8
49.5
48.2
49.5
48.6
49.8
48.9
50.1
49.0
49
49
31
25
28
40
37
43
52
39
50
54
50
36
24
27
40
35
40
52
40
50
44
46
24
24
27
39
38
43
51
37
50
50
50
39
24
32
44
37
41
53
41
50
51
51
32
24
26
39
37
42
52
39
50
57
42
28
26
27
39
35
41
51
38
50
56
46
30
24
27
38
36
44
53
39
50
133.0
133.0
133.0
133.0
128.5
128.5
131.5
-3.4
-2.3
120
122
139
102
.
68
134
135
157
121
78
160
156
203
146
78
158
162
191
155
72
137
146
165
125
67
158
108
222
120
75
137
117
185
114
64
-13.3
-9.9
-13.6
-19.4
-6.9
0.0
+24.8
-10.8
+9.6
+4.7
40.2
25.6
8.5
6.1
40.2
30.6
20.0
7.1
3.5
27.1
41.4
23.4
12.3
5.7
35.0
38.8
22.1
10.6
6.1
37.3
45.9
33.1
6.2
6.6
45.2
40.4
27.3
6.5
6.5
56.1
50.6
35.4
7.1
8.2
56.5
+18.3
+49.8
-41.5
+8.2
+21.2
-9.3
-6.5
-12.7
-19.5
-20.0
55, 802
47, 869
27, 991
19, 878
i 60, 862
53, 086
29, 983
23, 103
139,458
22,080
i 39, 019
35, 150
20, 966
14, 184
48, 186
41, 147
23, 254
17, 893
40, 489
36, 268
21, 423
47, 369
40, 262
21, 996
18, 266
-1.1
+17.1
+10.9
+26.1
+1.7
+2.2
+5.7
-2.0
41, 224
77,498
2,220
29,647
2,223
31,963
2,244
17,379
28,437
2,084
15,478
33, 162
30.57
23.80
29.12
27.49
30.04
24.63
30.12
31.60
31.79
24.04
24.82
!
"
27.49
Factory Labor Turnover *
(Percentages of number on pay roll)
Departures:
Total . .
Voluntary quits
Layoffs
.
Discharges.
Accessions
per cent
per cent
per cent
per cent
per cent
DISTRIBUTION MOVEMENT
Retail Sales
Mail-order houses:
Total sales, 4 houses . . thous. of dolls
Total sales, 2 houses
thous. of dolls
Sears, Roebuck & Co
thous. of dolls..
Montgomery Ward & Co.. thous. of dolls..
Ten-cent chain stores:
Total sales (4 chains)
thous. of dolls..
Total stores operated (4 chains) _ _ number __
F. W. Woolworth & Co.., -thous. of dolls..
Stores operated
number
S S. 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. _
i R evised.
2,204
22, 533
1,484
10, 957
362
2,912
189
4,822
169
1,010
81
954
41
3,726
104
35, 237
13, 157
41, 347
1,484
20, 451
368
6,031
199
16, 124
1,484
9,669
3,292
169
2,141
81
1,821
41
170
655
81
658
44
7,956
370
2,275
199
6,455
2,205
106
106
1,494
8,309
376
2,740
202
3,535
172
693
82
712
48
2,249
106
* See table on
14,845
+11.3
+0.8
+12.8
+0.7
1,423
7,496
8,472 +10.5
312
+1.6
316
+4.4
2,538
2,860
2,183
202
182
180
0.0
3,844 +11.2
3,930
3,280
172
167
167
0.0
684 +15.6
583
801
82
72
72
0.0
764 +23.5
879
632
+4.2
37
38
50
1,951
2,789
2,310
+24.0
111
78
+4.7
80
p. 25 of the March, 1927, issue for further
35, 580
2,261
19, 602
1,505
9,183
382
2,094
18, 308
1,431
+7.3
+8.0
+7.1
+5.2
+8.4
+20.9
+12.7
+12.2
+2.2
+3.0
+17.1
+13.9
+15.1
+31.6
+20.7
+38.8
data.
130, 173
114, 388
66, 010
48, 378
126, 663
111, 534
66, 300
45, 234
-2.7
-2.5
+0.4
-6.5
89,415
97, 185
+8.7
48,948
53, 105
+8.5
23,419
25,448
+8.7
6,878
7,875
+14.5
10, 170
10, 757
+5.8
1,834
2,149
+17.2
2,037
2,249
+10.4
6,326
7,243
+ 14.5
44
TREND OF BUSINESS MOVEMENTS—Continued
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
November
1937
December
1926
February
March
97, 405
* 26. 608
i 92, 988
i 26, 696
108, 389
26, 618
80, 460
24, 540
January
PEK CENT INCREASE (+) OR
DECREASE (— )
!
i
February
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
84, 676
24, 743
+16.6
-0.3
March
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
Perct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
1926
1927
+28.0
+7.6
245, 273
298, 781
+21.8
DISTRIBUTION MOVEMENT— Contd.
Retail Sales— Continued
Chain stores:
GroceriesSales
thous. of dolls
Stores operated.
number..
DrugSales
_. thous. of dolls..
Stores operated
_
number _.
CigarSales
thous. of dolls __
Stores operated
number..
ShoeSales
thous. of dolls. .
Stores operated
_ .number _.
Music—
Sales
thous. of dolls..
Stores operated
.number..
CandySales
thous. of dolls _.
Stores operated
.number. .
Restaurant chains:
Total sales (3 chains)
thous of dolls
Stores operated
number
Average per store .
. .dollars. .
Childs Co. sales
thous of dolls
Waldorf System (Inc.)
sales
thous. of dolls..
J. R. Thompson Co.
sales
thous of dolls
Other chain stores:
Isaac Silver & Bros
thous. of dolls. Stores operated
.number. .
Hartman Corporation
thous. of dolls..
Stores operated
number
J C Penny Co
thous of dolls
Stores operated
. number .
United Cigars Stores Co__ -thous. of dolls..
Stores operated
number
A. Schulte (Inc.)
thous. of dolls .
Stores operated
number
Owl Drug Co ._ _.
thous. of dolls ._
Stores operated
number..
97, 274 i 104, 518
26, 315 i 26, 417
1
7,739
704
10,223
733
8,195
741
7,888
742
8,768
742
6,735
622
7,586
619
+11.2
0.0
+15.6
+19.9
21, 299
24, 851
+22.4
8,862
3,424
13, 138
3,434
7,963
3,411
8,110
3,398
9,077 i
3,404
7,544
3,266
8,442
3,270
+11.9
+0.2
+7.5
+4.1
23, 531
25, 150
+6.9
3,501
569
5,029
576
2,486
576
2,572
578
2,929
575
2,274
522
3,340
529
+13.9
-0.5
-12.3
+8.7
8,138
7,987
-1.9
1,318
62
2,018
61
852
61
962
63
976
63
932
61
1,013
59
+1.5
0.0
-3.7
+6.8
2, 856
2,790
-2.3
2,818
254
3,684
259
2,163
243
2,361
245
2,618
253
2,101
229
2,504
236
+10.9
+3.3
+4.6
+7.2
6,633
7,142
+7.7
4,776
348
13, 724
2,466
5,138
350
14, 680
2,699
4,896
352
13, 909
2,537
4,463
352
12, 679
2,319
4,903
352
13, 929
2,522
4,382
342
12, 813
2,220
4,890
343
14, 257
2,512
+9.9
0.0
+9.9
+8.8
+0.3
+2.6
-2.3
+0-4
14,015
14,262
+1.8
7,155
7,378
+3.1
1,117
1,177
1,134
1,026
1,138
1, 045
1,150
+10.9
-1.0
3,321
3,298
-0.7
1,193
1,262
1,225
1,118
1,243
1,117
1,229
+11.2
+1.1
3,540
3,586
+1.3
480
18
1,391
15
13,334
743
6,517
3,125
2,312
291
1,347
94
951
19
1,496
15
15, 986
747
9,478
3,134
3,574
292
1,870
95
281
19
842
15
6,236
671
5,723
3,109
2,204
294
1,318
95
311
19
1,152
16
7,425
758
5,715
3,096
2,362
294
1,253
96
388
20
1,168
17
9,796
780
6,500
3, 102
2,542
294
1,456
95
238
14
1,187
16
5,476
671
5,610
2,984
1,894
271
1,194
88
298
14
1,338
16
7,978
687
6,267
2,986
2,133
273
1,367
88
+24.8
+5.3
+1.4
+6.3
+31.9
+2.9
+13. 7
+0.2
+7.6
0.0
+16.2
-1.0
+30.2
+42.9
-12.7
+6.3
+22.8
+13.5
+3.7
+3.9
+19.2
+7.7
+6.5
+8.0
Magazine advertising
thous. of lines ._
2,703
Newspaper advertising
thous. of lines .. 111,157
National advertising in newspapers:
Total.
thous. of lines. . 29, 977
Automobile advertising
thous. of lines..
4,338
Automobile accessories
thous. of lines..
1,352
Cigars, cigarettes, and
tobacco
thous. of lines..
2,875
Financial
thous. of lines. .
865
3,591
Food, groceries, beverages. .thous. of lines..
281
Hotels and resorts
thous. of lines. .
Household furniture
.thous. of lines..
463
Men's clothing
thous. of lines, .
377
Musical instruments
thous. of lines..
416
Radio and electrical
thous. of lines..
2,480
2,060
Railroads and steamships. -thous. of lines..
Shoes
thous. of lines..
223
Toilet articles and medical
preparations
thous. of lines. .
6,464
Women's wear. _
thous. of lines. .
171
Miscellaneous
..thous. of lines..
4,021
2,373
107, 351
1,821
97, 140
2,210
90, 447
2,441
106, 700
2,145
91, 626
2,372
112, 810
+10.5
+18.0
21, 513
2,486
1,372
22, 953
5,352
1,028
26,718
5,593
1,107
29, 500
5,267
1,085
27, 339
6,327
507
32, 766
6,827
845
1,748
927
2,281
395
247
261
501
2,628
1,972
269
1,257
905
2,239
315
148
26
184
1,370
1,275
116
2,720
922
3,102
202
274
37
161
1,439
1,300
65
3,153
923
3,983
537
306
294
103
1,214
1,235
162
2,084
823
2,557
262
251
81
223
1,316
1,221
56
2,003
1,154
4,409
279
681
369
244
1,242
1,239
240
3,231
97
3,098
5,312
31
3,395
6,688
104
3,004
6,983
215
4,040
7,137
63
3,431
31, 868
40, 282
30, 394
29, 299
34, 590
3,223
4,340
3,317
3,284
3,572
11, 681
97, 465
13, 338
104, 807
10, 576
80, 473
10, 276
77, 680
3,320
35, 336
3,658
37, 139
3,303
34, 001
144, 985
1,241
181, 318
1,438
180, 048
1,397
753
980
3,450
3,162
-8.3
18, 421
23, 457
+27.3
17, 485
17,938
+2.6
5,922
7,108
+20.0
3,822
4,027
+5.4
+2.9
-5.4
6,295
306, 321
6,472
294, 287
+2.8
-3.9
+ 10.4
-5.8
-2.0
-10.0
-22.9
+28.4
84, 648
19,217
2,112
79, 171
16,212
3,220
-7.7
-15.6
+52.5
+15.9
+0.1
+25.2
+165. 8
+11.7
-36.0
-15.6
-5.0
+149. 2
+57.4
-20.0
-9.7
+92.5
-55.1
-20.3
-57.8
-2.3
-0.3
-32.5
5,708
3,130
9,576
954
1,082
480
553
3,868
3,861
352
7,130
2,750
9.324
1,054
728
357
448
4,023
3,810
343
+24.9
-12.1
-2.6
+10.5
-32.7
-25.6
-19.0
+4.0
-1.3
-2.6
8,504
293
4,437
+4.4
+106. 7
+34.5
-17.9
-26.6
-8.9
21, 546
382
10, 827
18, 983
350
10,439
-11.9
-8.4
-3.6
28, 088
33, 454
+ 18.1
+3.4
90, 658
94, 283
+4.0
3,172
3,525
+8.8
+ 1.3
9,890
10, 173
+2.9
12, 715
98, 572
9,905
74, 312
12, 543
94, 968
+23.7
+26.9
+1.4
+3.8
33, 055
248, 178
33, 567
256, 725
+1.5
+3.4
3, 158
32, 240
3,650
36, 394
2,990
30, 481
3,539
35, 411
+15.6
+12.9
+3.1
+2.8
9,617
97, 081
10, 111
102, 635
+5.1
+5.7
206, 283
1,505
242, 606
2,040
137, 517
1,552
222, 768
1,897
+17.6
+35.5
+8.9
+7.5
+30.1
Advertising
Postal Business
Postal receipts, 50 selected
cities
thous. of dolls
Postal receipts, 50 industrial
cities
thous. of dolls..
Money orders:
Domestic paid (50 cities)—
Quantity
number
Value
:.. thous. of dolls..
Domestic issued (50 cities)—
Quantity
number. .
• Value thous of dolls
Wholesale Trade
Delinquent accounts, electrical trade:
Amount
dollars
Number of
firms
number..
1
Revised.
45
TREND OF BUSINESS MOVEMENTS—Continued
| CUMULATIVE TOTAL
1936
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
November
December
PER CENT IN- 1
CREASE (+) OR 1
DECREASE (— )
1926
1927
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
+21.4
+16.1
+1.1
+17.2
+4.1
+5.4
—6. 3
+5.1
918, 717 1, 005, 177 1, 206, 947
32, 452
66, 803
51, 967
898, 870 1, 128, 636 +20.1
52, 250
44, 257 +105. 9
576, 642
185, 292
94,445
856, 379
625, 988 740, 725
207, 217 241, 701
104, 057
46, 119
879, 324 1, 086, 483
597, 429 724, 454 +18.3
174. 782 230, 203 +16.6
83,088
72, 368 +125. 6
855, 299 1, 027, 025 +23.6
135, 395
45, 920
7,065
188, 380
135, 969
43, 286
4,803
184, 058
10, 529
4.587
1, 592
2,995
January
February
March
February
March
FROM JANUARY 1
THROUGH MARCH
31
Perct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
1926
1927
617, 243
2, 315, 848
542
2, 933, 633
642, 648
2, 336, 971
546
2, 980, 165
+4.1
+0.9
+0.7
+ 1.6
+6.9
+50.9
3,070,392 3, 130, 841
151, 222
137, 301
+2.0
+10.1
+2.2
+5.0
+43.8
+5.8
1, 882, 172
632,143
211, 736
2, 726, 051
1, 943, 355
634, 210
244, 621
2, 822, 186
+3.3
+0.3
+15.5
+3.5
+17.6
+5.2
+20.2
+14.4
+12.0
+5.1
+19.9
+10.6
390, 294
122, 392
17, 928
530, 614
430, 532
134, 740
17, 642
582, 914
+10.3
+10.1
-1.6
+9.9
+24.2
+21.6
+25.9
+26.8
+19.2
+34.6
+20.7
+5.9
+13.3
+3.3
+0.1
-5.9
+5.6
+5.9
2, 004, 083
822, 836
439, 345
303, 233
245, 613
193, 056
109, 134
2,112,835
907, 764
463, 605
303, 222
235, 464
202, 780
If5, 394
+5.4
+10.3
+5.5
0.0
-4.1
+5.0
+5.7
+25.7
+15.6
+15.3
+4.5
+2.4
+11.6
88, 357
67, 137
3,786
93, 189
68, 266
4,148
+5.5
+1.7
+9.6
+4.8
-0.3
-1.5
+1.2
+1.7
+0.4
-27.8
+3.3
0.0
+9.0
+0.2
+7.4
+0.4
+4.5
+0.8
+2.2
+7.6
+0.8
+45.8
+9.7
BANKING AND FINANCE
Life Insurance
(Association of Life Insurance Presidents}
Policies, new (45 companies) :
Ordinary.
_
number of policies
221, 457 273, 769
870, 324 838, 577
Industrial
number of policies
182
Group
..
number of contracts
456
Total
number of policies and contracts. .1, 091, 963 1, 112, 802
Policies and certificates issued:
Total policies and certificates
number, _ 1, 162, 144 1,326,623
Group insurance certificates .. .certificates. . 70, 363 214, 277
Amount of new insurance (45 companies) :
Ordinary
thous. of dolls
629, 860 813, 479
Industrial_
thous. of dolls. _ 235, 691 228, 008
Group__
thous. of dolls. . 100, 448 262, 452
Total insurance
thous. of dolls
965, 999 1, 303, 939
Premium collections (45 companies) :
Ordinary
thous. of dolls _ 127, 489 154, 534
45, 281
Industrial
thous of dolls
73, 947
Group.
._
thous. of dolls
4,327
7,683
177, 097
Total
thous of dolls
236, 164
Admitted life insurance assets (41 companies):
10, 333
Grand total
'
mills of dolls
10, 432
Mortgage loans4,463
4,532
Total
mills of dolls
1,585
Farm
mills of dolls
1,588
2,878
2,944
All other
.
mills, of dolls
Bonds and stocks (book value)—
3,957
3,975
Total
mills, of dolls
936
Government.. .
mills, of dolls. _
920
2,161
Railroad
mills, of dolls
2,172
740
756
Public utilities „
mills, of dolls
127
All other
mills of dolls
120
Policy loans and premium
1,219
1,229
notes
mills of dolls
694
696
Other admitted assets
mills, of dolls
187, 460
679, 290
192
866, 942
205, 604 249, 584
767, 121 890, 560
178
176
972, 901 1, 140, 322
159, 168
45, 534
5,774
210.476
239, 720
192, 677
653, 943 844, 659
190
152
846, 772 1, 084, 569
123, 456
37, 801
8,107
169, 364
142, 143
43, 344
4,814
190, 301
10, 606
9,546
9,630
4, 637
1,599
3,038
3,961
1,533
2.428
4,016
1,543
2,473
3,987
919
2,173
764
131
4,002
918
2,173
775
136
3,811
1,026
2,057
620
108
3,825
1,007
2,074
636
108
1,240
715
1,252
715
1,129
645
1,141
648
601, 985
257, 734
133, 912
86, 167
66, 112
58,060
36, 986
673. 855
293, 294
145, 932
95, 686
77, 258
61, 685
35, 525
640, 775
266, 359
140, 076
96,704
78, 835
58, 801
34, 744
790, 669
314, 969
177, 861
121, 290
97, 904
78, 645
40, 483
(Life Insurance Sales Research Bureau)
Sales of ordinary life insurance (81 companies) :
United States total..
thous. of dolls. .
Eastern manuf. district.thous. of dolls..
Western manuf. district.thous. of dolls..
Western agric. district. .thous. of dolls. _
Southern district
thous of dolls
Far Western district _ _ -thous. of dolls..
Canada total, 15 companies. thous. of dolls..
691, 520
283, 297
153, 194
102, 894
84, 462
67, 673
44, 251
879, 049
356, 488
189, 106
133, 132
112, 856
87, 467
47, 366
836, 995
356, 736
183, 761
121, 369
92, 094
83, 035
42, 883
Banking
Debits to individual accounts:
27, 439
34,492
New York City
mills, of dolls.
25,790
32, 577
31, 258
24, 813
33, 006
24, 464
21, 568
20, 781
24, 028
Outside New York City
mills, of dolls. _
20,098
23,458
23, 457
Bank clearings (Canada)
mills, of dolls.,
1,669
1,664
1,251
1,454
1,443
1,193
1,293
i deral reserve banks:
435
456
Bills discounted
mills, of dolls.
645
711
632
365
540
1,772
1,717
1,857
1,711
Notes in circulation
mills, of dolls
1,679
1,656
1,688
677
699
602
Total investments
mills, of dolls
593
607
645
593
3,144
2,956
2,944
3,183
2,917
Total reserve .
mills, of dolls
3,133
2,920
Total deposits
mills of. dolls..
2,324
2,346
2,328
2,290
2,245
2,262
2,323
Reserve ratio
_..
per cent
72.2
78.5
79.6
78.8
70.1
73.4
74.0
Federal reserve member banks:
14, 569
14, 297
Total loans and discounts... mills, of dolls.. 14, 375
14, 359
14, 200
14, 052
13, 930
5,521
5,541
5,662
5,914
Total investments
mills, of dolls. _
5,492
5,540
5, 495
12,904
Net demand deposits
mills, of dolls..
13,006
13, 033
13, 082
12, 879
12, 935
12,901
Brokers' loans, end of month:
To New York Stock
Exchange members ... . thous. of dolls 3, 129, 162 3, 292, 860 3. 138, 786 2, 256, 459 3, 289, 781 3, 535, 590 3, 000, 096
By New York F. R. member
banks
thous. of dolls 2, 646, 653 2, 787, 761 2, 731, 940 2, 813, 045 2, 803, 312 3 109, 331 2, 573, 051
Interest rates:
4.59
New York call loans.
per cent
5.15
4.13
4.28
4.10
4.94
4.59
4.44
3.88
Commercial paper 4-6 mos
per cent..
3.98
4.38
4.13
4.28
4.13
N. Y. Fd. Res. Bk.__
_ . percent.
4.00
4.00
4.00
4.00
4.00
4.00
4.00
5.25
5.25
5.25
5.25
Federal land banks
per cent
5.25
5.25
5.25
4.50
Intermediate credit banks
per cent
4.50
4.50
4.50
5.00
5.00
-0.3
+8,9
„„
-0.7
+2.6
0.0
0.0
0.0
-10.7
-7.0
0.0
0.0
-10.0
thous. of dolls. .3, 791, 144 3, 862, 801 3, 888, 740 3,903,214 3, 973, 202 3, 625, 038 3, 671, 730
+1.8
,
Savings Deposits
New York State savings
banks, end of month
+8.2 10, 890, 298 11, 765, 156
+8.0
Public Finance
Government debt, gross
Customs receipts
Total ordinary receipts
Expenditures chargeable to
ordinary receipts.
Money in circulation:
Total
.
Per capita
mills, of dolls _
thous. of dolls. _
thous of dolls
19, 389
52, 655
176,002
19,075
48, 431
657, 096
19, 170
44,695
169,583
19, 153
43, 379
165, 735
19,008
52, 753
659, 116
20, 276
47, 615
179, 296
-0.8
20, 083
54,891 +21.6
657, 621 +297. 7
-5.4
-3.9
+0.2
148, 905
1,623,200
140, 827
994,434
-5.4
-2.8
thous. of dolls
364,250
414, 032
304,254
158, 506
330, 329
151,877
466,240 +108. 4
-29.2
850, 964
793, 089
-6.8
mills, of dolls
dollars
4, 949
42.62
5,001
43.03
4, 713
40.51
4,779
41.03
4,758
40.81
4,814
41.84
4,806
41.73
-0.4
-0.5
-1.0
-2.2
48
TREND OF BUSINESS MOVEMENTS—Continued
I
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier'data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
1937
PER CENT INCREASE (+) OR
DECREASE (— )
1926
I
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
1926
1927
+23.3
+89.0
108, 450
156, 122
9,862 +112. 7 +126. 8
18, 623 +20.4 +51.4
2,138 -43.7 +242. 9
25, 894 -20.0 +154. 1
3,653
36, 768
60, 452
11,231
52, 882 +43.8
76, 127 +25. 9
27, 113 +141.4
2 5, 340
3 6, 407
+9.8-
6,081
6,643
+9.2
1,426
4,402
253
1,481
4,818
344
+3.9
+9.5
+36. 0
3437
3411
-5.9
+8.0
1,493,407
1, 629, 170
+9.1
+4.5
+3.6
+5.3
+8.2
441, 235
230, 875
117, 740
40, 920
465, 700
241, 575
-123, 950
44,375
+5. 5.
+4.6
+5. 3.
+8.4
November
December
January
February
32, 694
45, 620
51,290
46,941
57, 891
34, 176
30, 623
16, 097
14, 158
2,439
19, 996
24, 530
6,764
10, 518
23, 406
13,017
3,174
3,233
22, 368
28, 191
7,332
65, 802
10, 822
20, 317
3,037
2,691
16, 758
20, 579
8,282
82, 221
3,108
1,830
2,069
2,465
2,035
2,143
1,801
1,984
+5.3
+8.0
440
1,285
105
501
1,842
122
411
1,508
116
222
189
569
1,468
106
174
447
1,282
72
188
494
1,469
106
230
208
188
469
1,424
91
94
172
+38.4
-2.7
-8.6
-24.3
+21.3
+3.1
+16.5
+85.1
thous. of dolls..
340, 681
579, 850
242, 350
346, 870
460, 100
335, 267
426, 200
+32.6
thous. of dolls..
thous. of dolls..
thous. of dolls..
thous. of dolls. _
79, 050
56,450
16, 425
6, 175
178,900
73,000
30,900
19,200
87,350
47,600
31,650
8,100
95, 250
55,500
33, 850
5,900
104,200
65,475
27, 550
11, 175
91, 045
53,400
32, 575
5,070
99,700
63,200
26, 175
10, 325
+9.4
+18.0
-18.6
+89.4
7.15
+7.0
+18.2
March
February
Perct
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
March
BANKING AND FINANCE-Continued
Business Failures
Liabilities (United States):
Total commercial
thous. of dolls..
Manufacturing
establishments
thous. of dolls..
Trade establishments _ > thous. of dolls..
Agents and brokers
thous. of dolls..
Banks (quarterly)
thous. of dolls
Liabilities (Canada)
thous. of dolls
Firms (United States):
Total commercial
number
Manufacturing
establishments
number
Trade establishments
. ..number .
Agents and brokers
number
Banks (quarterly)
.number .
Firms (Canada)
number..
2,663
+44.0
Dividend and Interest Payments
(For the following montfi)
Grand total. .
Dividend payments:
Total
Indus, and misc. corp
Steam railroads
Street railways
Aver, payments on industrial
stocks (quarterly)
7.90
dolls per share
8.45
New Security Issues
Foreign governments
Total corporation
Purpose of issueNew capital
.
Refunding.
Kinds of issueStocks
Bonds and notes
Class of industry—
Railroads
Public utilities
Industrials
Oil
Land and buildings
Shipping and misc
Bond issues (Canada):
Govt and provincial
Municipal .
Corporation
States and municipalities:
Permanent loans
Temporary loans
New incorporations
24, 240
thous. of dolls _
thous. of dolls. . 595, 237
47, 492
429, 304
52, 383
610, 035
74, 670
785, 649
84, 140
494, 373
3,800
414, 189
21,500
480, 400
+12.7 +291. 3
-37.1 +2.9
50, 272
1, 509, 138
211,193 +320. 1
1, 890, 057 +25.2
330, 694
264, 543
353, 228
76, 076
507, 503
102, 532
540, 588
245, 061
392, 426
101, 947
381, 093
33, 095
443, 232
37, 168
-27.4 -11.5
-58.4 +174. 3
1,370,168
138, 970
+5.1
1, 440, 517
449, 540 +223. 5
thous. of dolls.. 203, 909
thous. of dolls. _ 391,328
94,969
334, 335
108, 511
501, 524
277, 978
507, 671
114, 507
379, 867
126, 150
288, 039
181, 291
299, 109
-58.8
-25.2
-36.8
+27.0
479, 183
1, 029, 955
500, 996
1,389,062
of dolls. _ 27, 821
of dolls.. 162, 328
of dolls.. 73, 058
of dolls.. 230, 968
of dolls.. 51, 068
of dolls.. 49, 494
43, 170
136, 656
78, 624
50, 000
65, 993
54, 861
9,346
309, 084
106, 350
68, 588
74, 381
40, 286
131, 872
374, 775
150, 115
2,700
55, 763
70, 424
89,716
188, 212
50, 979
31,500
58, 510
75, 081
23, Oil
149, 658
162, 237
6,930
42, 313
30, 040
31, 930
137, 426
95, 366
104,750
55, 505
48, 923
-32.0 +181.0
-49.8 +37.0
-66.0 -46.5
-69.9
+5.4
+4.9
+6.6 +53.5
101, 611
493, 330
408, 655
155, 537
156, 149
160, 192
thous. of dolls
thous. of dolls..
thous. of dolls..
2,540
12, 967
415
2,827
4,712
5,460
35, 611
H3,998
i 7, 494
1640
i 1, 842
i 13, 000
5,176
14, 625
105, 000
1,861
2,310
5,000
1,888 +181.0 +174. 2
16, 540 +12.5 -11.5
115,200
16, 364
27, 575
36, 251
21, 016
35, 119
-68. 5.
+28.4
+27.4
thous. of dolls..
thous. of dolls. _
thous. of dolls..
71, 726
11, 882
552, 787
147, 247
70, 149
851, 660
174,740
30, 476
739, 730
72, 761
121, 867
942, 925
339, 139
225, 991
4, 463, 786
320, 663
169, 814
1, 890, 399
-5.4
-24. 9;
-57.7
thous. of dolls..
thous. of dolls..
thous.
thous.
thous.
thous.
thous.
thous.
73, 162
146, 457
17, 471
23, 866
207, 744 2, 675, 185
117, 632
122, 301
748, 505
+0.6
-85.7
-78.0
-37.8
-85.7
-72.2
+1.1
+1.3
+8.0
+13.2
-4.9
-6.9
-6.7
-51.5
+4.2
+0.9
+0.5
+19.4
+22.0
+12.8
+4.6
+34. 9
230, 934 +127. 3
872, 071 1 +76.8307,444 -24. 8
102, 788 -33. 9
188, 654 +20.8
185, 791 +16.0
Agricultural Finances
Loans outstanding, end mo.:
Federal farm loan banks — thous. of dolls.. 1, 068, 596 1, 077, 819 1, 085, 170 1, 097, 642 1, 109, 354 1, 019, 486 1, 027, 361
579, 458
567, 544
639, 651 647, 762 656, Oil
Joint-stock land banks
thous. of dolls.. 624, 230 632, 476
Federal intermediate credit
83, 991
92,
434
82,
424
78,
383
81,574
93,
013
87,
977
banks
thous. of dolls
13, 089
6,347
8,421
7,671
6,815
7,310
13, 861
War finance corporation thous. of dolls _.
!
Stocks and Bonds
Stock prices, average daily closing:
171. 95
25 industrials, average
dolls, per share..
97.43
25 railroads, average
dolls, per share. .
115. 32
103 stocks average
dolls per share
Southern cotton mill
110. 79
stocks
dolls per share
Stock sales:
31,
183
N. Y. Stock Exchange thous. of shares. .
Bond sales:
272,
138
Miscellaneous
thous. of dolls. .
Liberty-Treasury
thous^ of dolls. . 17, 457
Total...
thous. of dolls.. 289, 595
Bond prices:
90.42
Highest-grade rails.p. ct. of par, 4% bond..
82.27
Second-grade rails p ct of par 4% bond
75.60
Public utility
p. ct. of par, 4% bond-78.60
Industrial
p. ct. of par, 4% bond..
81.36
Comb. price index_.p. ct. of par, 4% bond..
179. 36
100. 25
117. 43
175. 39
101. 55
115. 29
181. 06
105. 66
119. 69
188. 70
106. 58
120. 30
179. 55
90.83
119. 92
158. 05
87.35
106. 62
110. 46
109. 72
110. 36
110. 73
120. 89
119. 49
+0.3
-7.3
41, 891
34, 757
44, 163
56, 057
35, 462
52, 040
+26.9
+7.7
126, 590
134, 977
+6.6
326, 065
25, 349
351, 414
282, 405
15, 288
297, 693
313, 565
45, 471
359, 036
218, 297
17, 938
236, 235
247, 061 +11.0
27, 106 +197. 4
274, 167 +20. 6
+26.9
+67.8
+31.0
728, 255
74, 724
802, 979
922, 035
86, 108
1, 008, 143
+26. 6,
+15.2
+25. 6
91.51
83.29
76.32
79 32
82! 23
92.96
83.72
76.10
79.65
82.66
88.77
80.09
73.65
77.73
78.69
88.71
79.74
73.22
77.13
79.32
+1.6
+0.5
-0.3
+0.4
+0.5
+4.8
+5.0
+3.9
+3.3
+4.2
102. 63
102. 61
+0.2
+1.0
299, 088
25, 403
324, 491
91.19
82.51
76.59
78.89
81.95
1
91.97
83.52
76.66
79.51 •
82.52
(For 1st of following month)
102.88
5 Liberty bonds
p ct of par
16 foreign governments and
103. 92
city
p ct. of par
99.74
Comb price index 66 bonds p ct of par
1
Reviews.
103. 50
103. 31
103. 37
103. 62
104. 04
100. 14
105. 23
100.38
104. 84
100.27
101. 80
103. 14
105. 02
+0.2
100. 71
98.81
98.38
+0.4
!
Cumulative through Feb. 28.
+3.2
+2.4
47
TREND OF BUSINESS MOVEMENTS—Continued
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
Novem-
1937
Decem-
ber
ber
January
February
PER CENT INCREASE (+) OR
DECREASE (— )
1926
Febru-
March
March
ary
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
-2.5
-3.9
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
1926
1927
163, 598
Per ct.
in-
crease
( }
or tdecrease
(-)
cumulative
1927
from
1926
BANKING AND FINANCE-Continued
Stocks and Bonds— Continued
Municipal bond yield
per cent
Long-term real estate bonds issued:
Grand total
thous. of dolls
Purpose of issueFinance construction. ..thous. of dolls..
Real estate mortgage.. -thous. of dolls..
Acquisitions and
improvements
thous. of dolls. .
Kind of structureOffice and other
commercial
thous. of dolls
Hotels
.
thous. of dolls
Apartments
thous. of dolls
4.14
4.13
4.08
4.08
3.98
4.15
4,14
40, 330
55, 715
67, 960
48, 798
46,840
41, 153
50, 370
-4.0
-7.0
145,450
30, 375
32,805
36, 767
11,900
11,410
32, 858
250
24,950
9,640
-31.8
+18.5
-52.3
+18.4
96, 575
18, 553
-31. 5
66, 110
38, 520 +107. 6
18,790 |
2,750
5,230
12, 502
40, 153
+221. 2
8,315
29, 550
1,650
16, 525
73,417
20,065
8,100
17,480
17,443
9,630
4,110
4,150
6,663
14,700
23, 910
22,475
4,660
7,670
23, 295
18, 708
925
4,845
6,235
5,945
4,050
11, 827
3,780
2,860
2,775
Corporation Stockholders
-55.6
8,925 +209. 2
6,075 -26.6
-49.7
-68.0
-54.3
.
50,318
7,835
20, 651
18, 382
-31.5.
-61.0
-11.0
•j
Pennsylvania Railroad Co.:
Domestic
number
Foreign
number
U. S. Steel Corp. common stock:
Domestic
number
Foreign
number
Shares held by brokers
per ct of total
American .Telephone & Telegraph Co.:
Domestic
number
Foreign
number
7 393,
843
7
5 084
6 412, 921
6 5, 190
« 362, 093
« 4, 432
+4.8
+2.1
+14.0
+17.1
84, 447
1,582
28 99
85, 529
1,599
27 59
89, 102
1,575
+1.3
+1.1
-4.8
-4.0
+1.5
-7.8
393, 843
412, 921
5,190
362, 093
+4.8
+2.1
+14.0
+17.1
+11.9
+10.5
-36.1
4,225 +132. 8
+26.8
+3.2
-67.2
+33.0
218, 327
2, 385
88, 180
11, 163
220, 598
2,480
+1. 0
+4.0
+3.1
-12.8
-0.8
-21.7
15, 376
4,682
15,306
4,695
-0.5
+0. 3
+2.4
395
648 +161. 6
-46.3
+57.9
-22.2
-27.2
-16.1
20, 165
13, 307
19,690
-34. 0
-23.8-
1, 246, 957
1, 044, 835
-16.2
192, 018
26, 767
28, 832
15, 734
47, 292
-11.1
+7.5
-11.8
+2.6
-34.2
5,084
GOLD AND SILVER
Gold:
Domestic receipts at mint fine ounces.. 104, 230
Rand output
..
thous. of ounces __
840
16, 738
Imports
thous. of dolls..
7,727
Exports
. -thous. of dolls. .
Silver:
ProductionUnited States .
thous. offineoz
Canada
thous. of fine oz_.
Mexico
thous of fine oz
Stocks, end of monthUnited States
thous of fine oz
Canada
thous of fine oz
Imports
thous. of dolls
Exports
thous. of dolls. _
Price at New York
dolls per fine oz
3,258
+27.8 +259. 3
+12. 5-
88, 307
. 836
17, 004
7,196
80,777
4,757
5,637
1, 639
9,352
5,196
1,459
9,883
242
1,085
3,941
4,430
326
941
700
1,300
5,151
1,742
6,794
840
59, 355
14,890
65, 999
779
22, 309
2,414
73, 822
861
14, 254
5, 619
4,979
5,131
1,503
1,733
207
391
3,849
6,233
5,610
.535
7,388
.541
.558
.579
4.85
.034
.042
.139
.400
.267
.193
4.85
.040
.044
.139
.400
.267
.193
4.85
.040
.043
.139
.400
.267
.193
dolls per yen
dolls, per rupee
.491
.360
.489
.361
dolls per Canadian doll
dolls per gold peso
dolls, per milreis
dolls per paper peso
1.001
.924
.130
.121
373, 881
29.92
4,432
74, 044
754
25,416
3,851
5,043
1,636
8,707
1,025
819
212
1,023
8,863
7,752
4,307
6,069
58, 229
834
43, 413
5,171
1,920
9,192
5,539
8,333
.659
+11.9
-2.6
-4.5
25,848
+8.8
95, 918
22, 923 +105. 3-
.553
.668
4.85
.039
.043
.139
.400
.267
.192
4.85
.039
.045
.139
.400
.268
.192
4.86
.037
.040
.045
.401
.268
.193
4.86
.036
.040
.042
.401
.268
.193
0.0
0.0
+4.7
0.0
0.0
+0.4
0.0
-0.2
+8.3
+12.5
.488
.364
.488
.363
.491
.363
.454
.368
.454
.366
+0.6
0.0
+8.1
-0.8
.999
.933
.119
.120
.998
.939
.117
.120
.998
.947
.118
.120
.999
.960
.119
.120
.997
.933
.148
.121
.996
9.03
.145
.121
+0.1
+1.4
+0.8
0.0
+0.3
+6.3
-17.9
-0.8
359, 462
356, 969
310, 866
377, 000
387, 306
442, 899
+21.3
-14.9
112,853
91, 399
14, 195
13, 246
i 104, 939
12, 080
1 16, 549
117, 119
14, 456
18, 383
32, 644
100, 619
12, 572
15, 586
9,011
21, 529
25, 763
1 37, 276
37, 126
216, 108
24, 888
32, 673
15, 329
71, 884
81, 229
41, 897
72, 396
37, 917
79, 946
31, 972
1 87, 031
i 37, 057
97, 536
40, 382
160, 595
72, 724
152, 342
69, 889
-5.1
-3.9
48, 078
45, 053
44, 087
1 51, 310
i 9, 411
63, 613
12, 677
104,828
17,089
89, 140
14, 247
-15.0*
-16.6
109, 703
35, 155
128, 253
36, 854
10, 790
88, 981
23, 264
1132,435
7,486
6,453
i 33, 017
l 11, 591
153, 235
22, 901
11, 595
294, 551
73, 424
27, 977
217, 234
60, 118
17, 243
-16.2
-28.1
-38.4
138, 489
153, 157
114, 815
1 172, 808
198, 351
373, 900
267, 972
-28.3
49, 388
31, 809
64, 544
75, 109
44, 089
26, 960
66, 018
66, 887
42,804
51, 102
40, 153
74, 697
78, 795
90, 744
86, 893
66, 754
118, 149
128, 209
-4.2
+2.9
-17.9
-1.8
FOREIGN EXCHANGE RATES
Europe:
Fnsland
France
Italy
Belgium
Netherlands
Sweden
Switzerland
Asia:
Japan
India
Americas:
Canada
Argentina
Brazil
Chile
dolls per £ sterling
dolls, per franc..
dolls, per lire
dolls per franc
dolls per guilder
dolls per krone
dolls per franc
-0.2
0.0
-0.5
U. S. FOREIGN TRADE
Imports
Grand total
By grand divisions:
Europe—
Total
_thous. of dolls. _
114, 759
thous of dolls
15,004
16, 075
Germany
thous. of dolls..
13, 155
Italy
thous of dolls
34,504
United Kingdom
thous. of dolls. _
North America—
88, 564
Total
thous of dolls
Canada
.thous. of dolls.. 44, 607
South America44, 587
Total
thous of dolls
7,237
Argentina—.
-thous. of dolls..
Asia and Oceania119,241
Total
thous. of dolls..
37, 008
Japan
thous of dolls
6,880
Africa, total...
thous. of dolls..
By class of commodities:
141,
138
Crude materials
thous of dolls
Foodstuffs, crude, and
49, 611
food animals
thous of dolls
Manufactured foodstuffs.. -thous. of dolls. . 39, 620
Semimanufactures
thous. of dolls.. 65, 897
77, 776
Finished manufactures
thous. of dolls..
« Quarter ending Mar.
i Revised.
14, 595
16, 528
9,648
5,309
31, 1926.
7,547
6,723
6,700
39, 794
52, 131
61, 322
6,774
i
i
i
i
42, 111
36, 026
72, 809
63, 552
e Quarter ending Mar. 31, 1927.
8,957
64,852
143, 960
130, 603
' Quarter ending Dec. 31, 1926.
48
TREND OF BUSINESS MOVEMENTS—Continued
1926
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 26 to 134 of the
February, 1927, "Survey"
1927
PER CENT INCREASE (+) OR
1926
DECREASE (— )
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
Per ct.
increase
(+)
or decrease
(-)
cumulative
1927
from
1926
November
December
January
February
March
February
March
Mar.,
1927,
from
Feb.,
1927
Mar.,
1927,
from
Mar.,
1926
1926
1927
480, 328
465, 053
420, 006
372, 679
410, 000
352, 905
374, 407
+10.0
+9.5
1, 124, 148
1, 202, 685
+7.0
247, 084
28, 852
42, 098
14, 195
110, 843
249, 377
27, 773
50, 772
17, 193
104, 578
211, 521
20, 301
40, 258
13, 238
89, 818
174, 827
13, 507
35, 762
9,881
70, 466
171, 986
21, 728
22, 179
12, 823
75, 834
164, 373
24, 000
21, 116
12, 260
67,941
371, 782
51, 459
47, 717
27, 205
157,993
386, 348
33, 808
76,020
23, 119
160, 284
+3.9
-34.3
+59.3
-15.0
+1.5
100, 735
61,816
90, 491
55, 177
88,049
50, 717
87, 250
53, 984
82, 525
45, 944
100, 567
62, 446
167, 320
93, 381
175, 299
104, 701
+4.8
+12.1
43, 301
13, 289
43, 318
14, 116
44, 721
15, 355
31,995
10, 526
35, 268
10, 885
35, 413
11, 878
73, 043
25, 823
76, 716
25, 881
+5.0
+0.2
79, 227
30, 159
9,967
473, 509
73, 821
28, 175
8,046
456, 111
66, 045
22, 700
9,670
412, 246
70, 855
22, 395
7,751
364, 625
56, 094
18, 934
65, 826
22, 323
345, 791
364, 940
122, 262
41,982
15, 334
733, 553
136, 900
45, 095
17,421
776, 871
+12.0
+7.4
+13.6
+5.9
168, 602
159, 934
122, 501
102, 806
89, 316
83, 031
203, 240
225, 307
+10.9
37, 440
45,001
61, 618
160, 848
27, 041
47, 964
62, 643
158, 529
24, 406
41, 136
61, 355
162, 848
18, 760
38, 523
53, 196
151, 340
12, 172
41, 837
47, 914
154, 552
15, 596
40, 526
53, 520
172, 267
28,017
89, 629
99, 766
312, 901
43, 166
79, 659
114, 551
314, 188
+54.1
-11.1
+14.8
+0.4
189
188
150
130
88
87
161
150
140
116
105
108
87, 657
154, 009
81, 775
139, 808
78, 806
85, 266
74, 707
79, 803
241,579 i
288,654 1
1
264,130
272,287
+9.3
-5.7
U. S- FOREIGN TRADE— Continued
Exports
Grand total, including
reexports
thous. of dolls.,
By grand division:
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 AmericaTotal
_ thous. of dolls
Argentina
thous. of dolls. .
Asia and OceaniaTotal
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
index number. _
All commodities except
cotton
index number
7,032
8,242
CANADIAN FOREIGN TRADE
Total trade:
Imports
Exports
i Revised.
_
thous. of dolls..
thous. of dolls. _
110,617
107, 218
100, 934
70, 909
88, 931 i 114, 007
+48.1
+34.4
+9.6
-6.0
OF COMMERCE
CHIEF
^^
' '
STEPHEN DAVIS,
Solicitor"
~
*
r of plants? producing It.- ^tiag of imnerUls and co^h
resources and mine, accidents.
of f 'results ;ojt tecbpcal 'and eeonoinic
:^ebmcaf -papers, pfimeral resouroes
i, and jniseeilaneous
^ T&
r
civil j
,_on; inspectionrand i _^._
sj; enforcement of afr trafte i^^ .%.*,.
S> Encouragement $>fmuniei^f; fui f>ojrts; Ifc
meree^ set^tifierreseardh 11^ ^rdhauiics; ~ aj
Mon qyNnf ormatidk relating^ ecppoei^al-aef^aWqs.^:^^
: ;of tiese functions -arb performed fef Rectal ^M^lts;x of
* 2 _t.x^—. c*—t^ *he Btoaii ^| ,^an3ards,: aM %e T3c
iwtBY; QomDp&sfoner - . _
atrlbuMon of food felr and
order to\pi*eve1^ij^e,d0pletion of tiie,fisheriesjrinvestigationl
^romo% jet)^erttafitHi
the development 6 j ^ f e l a | ^ f ^ s ^ a^ie^Hure^rstuMy-of Sshery
uaerchar^iisafig ,a%id
collection of
of ::^3askar&lieaes and fur
OF THE
J T^^Hag, census^ of po^alaftonrf;inBEiate| of ij^tft
• and ^iaurl^V ft
r,l6 years, census
/every "----•
s^ tq> waiter nayigaEKicis to navigation
' i «*_ - -. \, <
Notices torMari-
tobacco, leather,
y of Chj^e&feBuainess
The eoHeetion of ii
and
commercial^
ties, '
s, -and its
Bepor$Sj buttetins, con
p^s^ .andidigtiict and,
"" ^ftie maintenance ;:of 0&m3p
to albrd special
ttirers*
. compilation
,4nd agents for Americap ^
^licaiaon jof weekly Mstt
^The jmblfoatioTn of statistics on
<^ The siudy of the processes
_ . _ . :of $b&~adjacent wafers, including
t Islands, Hawaii,^ Porto Sicd, the Yirgfai
-* **ron0^ interior^ control surveys; mag*r observations; and selsmdloglcal
pgr ^ resuife trough charts,, coast pilots, tide tables,
publications. *\
, ,( . ^,^ •
NAVIGATION
I marine and merchant seatnen*
„ _ Jrp^ng, licensing, numbfcrihgj
_ aited State^ flag, "and the annual
tyesselfcV~~ '-* v . "--„ . v
gation; and sleainboai .inspection
fees, ,iaes, tonnage taxes> §t$* ^
,
i Mparfe
^JESii^^
^&3i^mvw£i
yt -'development,
of
of.
^©1 ^fttidards used by sdtentffie
, lion %£ physical constaiits ancj
'"" ' * cm inatHrialsrand pro<?e^es; and _
; ^ * ^ IktHetina re^rtttig resets/of r|se
«w wv«~jBeal <lata.\ >-\ /*- ^:/* ^ i; * -^ < *'-*•
^on of st^ificatfon^ for
and dfs^eniiniatiop,^ ,* o* 1 inforinaiiisn . ^oiicermng
_
_
ii^apdf^o^^^tt&|rv^^i^^
Estafiishment of ^ipLpliiled^"\^|iBaemar glafeti^ ttrouT*
i with"
wa^te r^uIMng
:^
vessels; Deluding boites, hulls
J6, M0eaimng;of officers,:of
vessels^ c^rti
ifea and
lifeboat mear:an^l the investigation
^*-—J- --—^tidnJa^
LATENT OFFICE
RcteisBTSoK, Gomidissioner
.nts
and the registration of %ade-marlps
1
teehrfcal examination and judicial pre
^
, coniainpa
publics s^tch
d States patents
trade-m^rts
le/ assignments, etcf; fl \Fwnishing copies ^of
ertaining t
,*
- " , , - ' "
' weekly Official Gazetibe,>hawfeg^the paj
isued. - . ' ^ ^_
,
f^
ruttl^ation
of miiierak,
:
»nd: safety methods and%of
du^SoB aad use of ^oiii^
Tes%g_©f Government
Yard at
, Chief / ~
on ships; inspection of radio stj
dc^ito^ stations; ficensin^ rad'
' eall lett^s;-enfo^ib
^
accounts. ,
CHIEF
OF COMMERCE
r^fl&IQ^^
of <i>mmerce
DAVis/Solicitor,
f.
AEBONAOTICS
P.
of civil air%ay|
- "navigation; insjpection ancf registration^
t &f pilots; enforcement^ atf §^&rpI
; jdentsj encouragement ofjDaunI<$p%f,air peseta;
01 these functions are peSoriSied
b
tliouse Service, Cthev1Btoau
Geodetic Survey.) * . , /
Jiiv®iQBS-
Director
M;
! '^king e^ensusei of popolatioiij I
1^^arf|^for©^fc pr0Euets,. an<! , water
10 years, censuseiM>f :agri£ulttfre x
^ '
\
-
*
'-'
V."
' .*
-
-v
~- .,
^ Eesearch on helium^ and operation of plants,j^odueing it.
-^Sjbudfes in the ecanoinics ^ndjnarketing ornnnerals and cc
ifee-yon" of stafisMcs on mineral resources and mine accidents
\tThe dessemination of ^results rof-tecKpical *and .eeonom
researches inV|>ulletin^j -technical papers, mineral :>esouro. series, miners' circulars, and —*--***---- —-*-^™ *-**----'-
- ^
BIBREAU OP
- 7 J^ HENRY O'MAI^LBY, Cominffe^ner
*? The propagation :and distribution of foo^ fish- arid-J
i^i order to prevenCthe.depletion of^the jBslttiries; investigatioi:
tp^profi^otk
conservation ^ of fishery "resouitxei; the develop
ment of xicdinmercial fisheries an^"agri^ulture;, etudy-of fiskey.
~ i, improvements in nierchan<iising\a%d jcpHeetion: c
^tktisttci§; Adimnistcation of iMasEa fish^ries_and fu
and the protection, of sponges off 4he;eoast *
"^ BUREAU OF
biigtiance of .Mghthousea and othef^aMs to_water naviga
\Establfeh&ent and ^main1^imnc:e
of^ds "to
r
^vtt airways. '
~ =
*
^iiadn ofrlight Lists, Buoy^5^|t
vin^ information ^regar^ing^.tltoe' aiSs
treeky
quarterly ^r
o, leather, a
. - Outwent Business of immtMy eommer&i
trial itat3stlc& * ,
^ "
f OSEIGN
if, JDirfeetor
, Tte ^pEeetion'of timely
^f
comm^reial at6$ciie*s, trade
officers, and its^slriWwon too
Imports, Bulletins, coa^renMal cxrcularS
,
*I|Le maintenance of ?x?i>m
alJojrd
Bpeeial"
"
. compilation
jentsfdr_,
weekly
AND GEOD^TTG
^ LESTUB sFo^rss, Dire^or
of t^e United
lor tlfe navigation ,of -the^ladjaeeM^wateySj including
?hfiippiae Islands, Hawaii, Porto toco,^he Virgin
%e Canal Zqne^ interior^ control surveys; ^nagnetic aur^eysVtMe and current observations/ anci^seismological
inv^tigations. ^
*,
, ,^
^
WubKcatipn of results through charts, coast pilots, tide tables,
Isurrent tables,?and^ special pubUc^ations.
^ :
8JIREAU OF
of registmng, ^enrt^Sng
, numbering,
s|Jimd^"the United Sta
Bag^and the annual
pub
n of a-lis^ of. sueh vessels: ,"' ,
menjb of ^the ,nayigation ^and
. inspectionlaws, including imposition of fees, fibes^ tonnige taxes>
!,^
Supervjiing Inspector General,
TbB study of the processes of domesi£e%ade
development, .and construatioiT Vof
measurement, qu^ity^ perferniance, or, pracifee,j
of standards tlsed i>y scientific or
__^ ^
^__
_f
____ _iiof scienA_
i^chni^L bulletins reporting resulfe cf i^ar^ies f^ad ^
sBQar8.7 : - >;rf
Collection and dissemination.. oC, informati&n ,
i building .eodes^ and the:,pla^nning
re&Hting f rom exce^stve^ariety
^
STATES PATElfr OFFICE
E» ROB^ETSOK,
;:The granting ^ atents and the registration of%adermarks,
)rints, and labels ;
technical examination «nd judicial pro-"
je^Sn^. ^
,
'. Maintenance of library with pubSe, s^arclf ;
'"—^— cjL &r^gn and TJnited States patents 1
of^s^e, assigam^itj^' jete^ j^elatin^ jfca patents
^8. -, Furnishing copies _of recdrda pertaining to^
.
.,,
-
--
..
Publication pi the weekly Official Qazf tte,>howlng"the pat?
, - ^.-
^:
^
BCOTT T0BNEK*
Director,
lfy
"^ - ""
- ' _ -^ " -*
-" . s-""
Tecbiaical Mv^rfag^Moes in tfee tnimiig,
Bsefciofi of mi^eri^ ineltiding the study of
safe^ mfetliods and of : improved methods
and tise |6f ^nieef ^SK * "2~
CrOverBiaent^fiiels aii4. m
at
ojT merchant vessels^^ineiuding boilers, hulls)
equipment, licensing of oflScira'of ^vesselSi cer^K
fi cation^ of able seamen and lifeboat men,-an^ the investagatip&
.
stolons o% shijp^iuspectfoij o£ radio stations on shore, including broadcasting stations; licensing radio
operators; assiglapfg station e^L letters; ^for^feg^e terms of
a&d^ fettling ;in^ftt^ipnal radio^accounts.
PUBLICATIONS OF THE DEPARTMENT OF COMMERCE
Recent publications of the Department of Commerce having the most direct interest to readers of the $UEvfeY p
BUSINESS are listed below. A complete list may be obtained by addressing the Division of Publications, Department of Comi&ef^," ;:
at Washington. Copies of the publications may be purchased from the Superintendent of Documents, Gover&in&nt I^intli^g"* *- :
Office, Washington, at the prices stated. If no price is mentioned, the publication is distributed free.
j' ; .,'
C
BUREAU OF THE CENSUS
For information concerning plan of publication and distribution of census publications, address the Director of the Census)
Census of Agriculture, 1925.—State bulletins containing
county statistics concerning farms and farm property, crops,
livestock, mortgage indebtedness, etc. Louisiana, 41 pages,
one illustration, price 10$; Arkansas, 50 pages, one illustration,
price 10#; and Tennessee, 58 pages, one illustration, price 10£.
Financial Statistics of Cities, 1925.—This report presents
statistics of the financial transactions of cities having a population of 30,000 or over and includes such data as (1) the total
and per capita receipts from revenues; (2) the total and per
capita payments for expenses and interest, and total outlays;
(3; the total value of municipal properties; (4) the total and
per capita municipal indebtedness; and (5) the total assessed
.valuation of property subject to the general property tax.
Cloth bound, 503 pages, 13 illustrations, price $L25.
Monograph VII, Immigrants and Their Children, 1920.—
Written by Niles Carpenter. This is a study based on Census
statistics relative to the foreign-born and the native white of
foreign or mixed^ parentage as reported at the Census of 1920,
with related statistics .secured from the reports of the Commissioner General of Immigration and of the Immigration Commission. Cloth bound, 431 pages, 29 illustrations, price $1.50.
t-, Manufacture and Sale of Farm Equipment, 1925*—Annual
report, 13 pages, price 5£.
Marriage and Divorce, 1925,—This report presents the results
of the seventh Federal investigation on marriage and divorce.
The returns were secured from State records, State boards of
health, public welfare departments, etc. 79 pages, price 15£,
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
Monthly Summary of Foreign Commerce of the United States,
February, 1927.—Parts I and II. Part I contains statistics
of exports of domestic merchandise and imports by articles
for February, 1926 and 1927, and for the first two months of
1926 and 1927. Part II contains summaries of export and
import trade; monthly average import and export prices;
statistics of trade with Alaska, Hawaii, and Port Rico. Single
copies, Part I, 10$; Part IIf 5£. Annual subscription, $1.25.
Atlas of Wholesale Grocery Trade, prepared by J. W. Millard.
Domestic Commerce Series No. 7; vii-f 157 pages; 16 colored
plates showing wholesale distribution areas of the entire United
States. The body of the atlas consists of detailed statistics
of|trading areas tributary to the principal centers of population,
arranged according to States and counties. Bound in buckram. Price, $1,25.
Production of Gutta-Percha, Balata, Chicle, and Allied Gums,
by Joseph W. Vander Laan, special agent of the Department of
Commerce. Trade Promotion Series No. 41; viii-f 72 pages.
This is the seventh of a series of publications on crude rubber,
published in connection with the investigation of raw materials
under foreign control. The report contains data concerning
the native habitat of the gums named, history of production
in|various countries, and official statistics of exports from j>roducing countries and imports into consuming countries. Price,
15#.
Electrical Standards.—Spanish edition. The bureau is
issuing a series of electrical standards, inLSpanish, the following
numbers of which (besides No. 7, previously announced) are
available at the prices indicated.
Advertising Automotive Products in Europe, compiled by
L. A. G. Penningt9n. Trade Information Bulletin No. 462;
ii-f 34 pages. Mediums and methods of advertising in various
European countries are discussed with particular reference to
the automotive trade. Price, 10£.
Bills of Exchange.—Practices in Foreign Countries Regarding Payment on Arrival of Bills, compiled by Charles R. Gruny.
Trade information Bulletin No. 464; ii+55 pages. Price, 10£.
British Chemical Trade, by Homer S. Fox, American trade
commissioner, London. Trade Information Bulletin, No. 465;
ii-}-16 pages. In brief form the outstanding features of the
British chemical trade for 1926 are discussed. Price, 10$.
Investments in Latin America: IV. Bolivia, by Frederic 3ML:
Halsey and James C. Corliss, special agents of the J^epafctof nil1-\t
of Commerce. Trade Information Bulletin No,. &86;" ii+51
pages. This pamphlet is ^one of a series oQ , inVestt&ents |& '
Latin America, revising and amplifying data first prattled! ill '
1918. Price, 10#.
'' j ; (
j
BUREAU OF STANDARDS
Standards Yearbook, 1927. This volume is th6 fii*st o a;
series to be published annually in the interest oif tfcfe
toward standardization in various fields,, It 0tttli^«s
not only of Government agencies but of other
that are actively contributing to the work of
ii-f392 pages; 39 illustrations. Price, $L
.
Simplified Practice Recommendations. The foUowimg t
bers have been added to this series, and may' be? obtained "at1.;
5# each:
;
:
' ?J
f
No. 31. Loaded Paper Shot Shells (Seeoh$; refi
Oct. 19, 1926). il+12 pages. ' . I ;
No. 56. Carbon Brushes and Brush Shunts: \
pages, ; i- , , . ; ' • . No. 59. Rotary-Cut Lumber Stock for Wire~1Boun$Boxes. iv 4- 10 pages.
'
I V' ^ ;:/
Soundproofing of Apartment Houses, by V. L. Chrisler. !
Technologic Paper No, 337. (From T0ehnolog|c Papfefaa^ *fol.,
21, pp. 255-260.) Price, 50.
; . » ),, ,i
'; i ;
United States Government Master Specification for
Rope, l
f
Manila. Circular No. 324; 7 pages, Price, $fa
i , ' M!
Alphabetical Index and Numerical List of United States Government Master Specifications, Promulgated by the
Federal Specifications Board. Circular No, 319; iH- 18 pqjjttk
Price, 10*.
,; , « ^ ;; •;
Technical News Bulletin, April, 1927. This montljiy t^UetlttV
contains items describing the laboratory activities! of the
bureau and a list of publications issued during
month. 15pp. Annual subscription,
BUREAU OP MINUS
> •; .1
Mineral Resources of the United States/ 1923: Part II.
Nonmetals. v-f-750 pages. Price, $1.
, *< , <
1
Mineral Resources of the United States, 1925. Tli§ reports
of the mineral resources of the United Statds are issued. ip;
separate form, of which the following h$ve been released s|
the April announcement and which may be 6btai&e<J
prices indicated i
, :,,
Gold, Silver, Copper, Lead, and Zinc in CalifO|n^ $&
Oregon in 1925. (Pt. I, pp. 291-327.) JPrfee, " ~ - t
Sand and Gravel in 1925. (Pt. ai, p]5. 281
Price, 50.
* • . ' ! • / \* f
Silica in 1925. (Pt. II, pp. 305-309.) Prf<^ , M ; , ' ; ^
Explosibility of Coal Dust from Four Mines In JJtajh, bf fc ft-j
Greenwald. Technical Paper 386; v-f 20 pagef : *Thi$
has been prepared as a part of the investigation^ofhazards in typical coal mines in different part? of ib~'
Price, 5$.
•
Accidents at Metallurgical Works in the United States, 1925,
by William W. Adams. Technical Paper 412; ii^40
t*ages*1
Price, 10^.
»r 't
;/
Safeguarding Workmen at Oil Derricks, by B, C; Millei.
1
Bulletin 272; vi-flll pages. This paper is thef secqtiid of;
a series on safety work in the oil fields. Price^4Q& * : s *\ : ;
BUREAU OF NAVIGATION
>
American Documented Seagoing Merchant Vessels of 500
Gross Tone and Over, March, 1927, 114-67 page% FubHshed
monthly. Single copies, 10g; annual subscription,^^* , • „: ;•
Radio Service Bulletin, March, 1927. Publishers monthlf &,
the interest of radio service. Contains lists of radio's
and references to current radio literature. 52 J*p. ,
copies, 5#; annual subscription, 25#.
<
O
' ! " '>&?*
COAST ANP GEODETIC SURVEY
|^
>!
Tide Tables, Atlantic Coast North America, 1928; 4ft$ pagefr, V1^'
Price, 15^.
' ' , ' ' - " i ' , ; !',!:• \?^
CHIEF FUNCTIONS OF THE DEPARTMENT OF COMMERCE
HERBERT HOOVER, Secretary of Commerce
J. WALTER DRAKE, Assistant Secretary of Commerce
AERONAUTICS BRANCH
AM P.McCRACKEN, Jr., Assistant Secretary of Commerce
for Aeronautics
Establishment of civil airways and maintenance of aids to air
ion; inspection and registration of aircraft and licensing
; enforcement of air traffic rules; investigation of acciencouragement of municipal air ports; fostering of air
Lerce; scientific research in aeronautics; and disseminaof information relating to commercial aeronautics. (Some
| these functions are performed by special divisions of the
ihouse Service, the Bureau of Standards, and the Coast
feodetic Survey.)
BUREAU OF THE CENSUS
WILLIAM M. STETJART, Director
Taking censuses of population, inmates of institutions, mines
:|d Quarries, forest products, and water transportation every
" yoars, censuses of agriculture and electrical public utilities
iry 5 years, and a census of manufactures every 2 years.
Compilation of statistics of wealth, public debt and taxation,
iuling financial statistics of local governments, every 10
£trs|; annual compilation of financial statistics of State and
i&icipal governments.
Compilation of statistics of marriage, divorce, births, deaths
3!<l penal institutions annually, and of death rates in cities and
K>i|nobile accidents weekly.
, „
^compilation quarterly or monthly of statistics on cotton,
. tobacco, leather, and other industries; publication in the
ey of Current Business of monthly commercial and indusstatistics.
OF FOREIGN AND DOMESTIC COMMERCE
JULIUS KLEIN, Director
Me collection of timely information concerning world market
Idjtions and openings for American products in foreign counts, through commercial attache's, trade commissioners, and
stSiilar officers, and its distribution through weekly Commerce
jpqrts, bulletins, confidential circulars, the news and trade
and district and cooperative offices in 33 cities.
Thje maintenance of commodity, technical, and regional
ons to afford special service to American exporters and
ti f acturers.
the compilation and distribution of lists of possible buyers
'I agents for American products in all parts of the world and
plication of weekly lists of specific sales opportunities abroad.
"Tie
publication of statistics on imports and exports.
luL
study of the processes of domestic trade and commerce.
BUREAU OP STANDARDS
GEORGE K. BURGESS, Director
;ody, development, and construction of standards of
•ement, quality, performance, or practice; comparison
idards used by scientific or other institutions; determinaoi physical constants and properties of materials; researches
tests on materials and processes; and publication of scieniind technical bulletins reporting results of researches and
dfjnental technical data.
'reparation of specifications for Government purchases,
•ough the Federal Specifications Board,
fojlection and dissemination of information concerning
ng codes and the planning and construction of houses.
Establishment of simplified commercial practices through
]p€
ration with business organizations in order to reduce the
jj J
resulting from excessive variety in commodities.
BUREAU OF MINES
,,.
SCOTT TURNER, Director
fethnical investigations in the mining, preparation and
frtiqn of minerals, including the study of mine hazards
^afety methods and of improved methods in the pro|>n and use of minerals.
Te$ting of Government fuels and,, management of the Govliment Fuel Yard at Washington.
STEPHEN DAVIS, Solicitor
Research on helium and operation of plants producing it.
Studies in the economics and marketing of minerals and collection of statistics on mineral resources and mine accidents.
The dessemination of results of technical and economic
researches in bulletinss technical papers, mineral resources
series, miners' circulars, and miscellaneous publications.
BUREAU OF FISHERIES
HENRY O'MALLEY, Commissioner
The propagation and distribution of food fish and shellfish,
in order to prevent the depletion of the fisheries; investigations
to promote conservation of fishery resources; the development of commercial fisheries and agriculture; study of fishery
methods, improvements in merchandising and collection of
fishery statistics; administration of Alaska fisheries and fur
seals; and the protection of sponges off the coast of Florida.
BUREAU OF LIGHTHOUSES
GEORGE R. PUTNAM, Commissioner
Maintenance of lighthouses and other aids to water navigation. Establishment and maintenance of aids to navigation
along civil airways.
Publication of Light Lists, Buoy Lists, and Notices to Mariners, giving information regarding these aids to navigation.
COAST AND GEODETIC SURVEY
E. LESTER JONES, Director
Survey of the coasts of the United States and publication of
charts for the navigation of the adjacent waters, including
Alaska, the Philippine Islands, Hawaii, Porto Rico, the Virgin
Islands, and the Canal Zone; interior control surveys; magnetic surveys; tide and current observations; and seismological
investigations.
Publication of results through charts, coast pilots, tide tables,
current tables, and special publications.
BUREAU OF NAVIGATION
D. B. CARBON, Commissioner
Superintendence of commercial marine and merchant seamen.
Supervision of registering, enrolling, licensing, numbering,
etc., of vessels under the United States flag, and the annual
publication of a list of such vessels.
Enforcement of the navigation and steamboat -inspection
laws, including imposition of fees, fines, tonnage taxes, etc.
STEAMBOAT INSPECTION SERVICE
DICKERSQN N. HOOVER, Supervising Inspector General
The inspection of merchant vessels, including boilers, hulls>
and life-saving equipment, licensing of officers of vessels, certification of able seamen and lifeboat men, and tlie investigation
of violations of steamboat inspection Jaws.
UNITED STATES PATENT OFFICE
THOMAS E. ROBERTSON, Commissioner
The granting of patents and the registration of trade-marks,
prints, and labels after technical examination and judicial proMaintenance of library with public search room, containing
copies of foreign and United States patents and trade-marks.
Recording bills of sale, assignments, etc., relating to patents
and trade-marks. Furnishing copies of records pertaining to
patents.
Publication of the weekly Official Gazette, showing the patents and trade-marks issued.
RADIO DIVISION
W. D. TERRELL, Chief
Inspection of radio stations on ships; inspection of radio stations on shore, including broadcasting stations; licensing radio
operators; assigning station call letters; enforcing the terms of
the International Radio-telegraphic Convention; and examining
and settling international radio accounts.
@FedFRASER